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OT: (really OT): Technical Analysis book(s) for an Engineer

S

Spehro Pefhany

Jan 1, 1970
0
Can anyone recommend an up-to-date book on TA? I need an overview
covering the top 20 or so methods of analysis, from Bollinger bands to
Ultimate oscillator...

Best regards,
Spehro Pefhany
 
T

Terry Pinnell

Jan 1, 1970
0
J

Jim Thompson

Jan 1, 1970
0
Can anyone recommend an up-to-date book on TA? I need an overview
covering the top 20 or so methods of analysis, from Bollinger bands to
Ultimate oscillator...

Best regards,
Spehro Pefhany

Flip a coin, it's just as reliable ;-)

...Jim Thompson
 
R

Roy McCammon

Jan 1, 1970
0
Spehro said:
Can anyone recommend an up-to-date book on TA? I need an overview
covering the top 20 or so methods of analysis, from Bollinger bands to
Ultimate oscillator...

Best regards,
Spehro Pefhany

OK, I'm dumb. What do you mean by Technical Analysis?
 
S

Spehro Pefhany

Jan 1, 1970
0
OK, I'm dumb. What do you mean by Technical Analysis?

Not dumb, but it's one of those things that if I have to explain...
which is why I put it in the title. Stolen from a web page:

--

TECHNICAL ANALYSIS
A method of evaluating securities by relying on the assumption that
market data, such as charts of price, volume, and open interest, can
help predict future (usually short-term) market trends. Unlike
fundamental analysis, the intrinsic value of the security is not
considered. Technical analysts believe that they can accurately
predict the future price of a stock by looking at its historical
prices and other trading variables. Technical analysis assumes that
market psychology influences trading in a way that enables predicting
when a stock will rise or fall.

--

As Jim implies, it's essentially a zero sum game, the winners feed off
the losers, and there are probably many small losers for every big
winner (especially since the "house" takes a cut)- AND today's winner
can easily be tomorrow's loser. Generally, any predictable patterns
large enough to profit from are taken advantage of in an efficient
market, causing the patterns to be relatively *un*predictable.

Best regards,
Spehro Pefhany
 
R

Ross Mac

Jan 1, 1970
0
Spehro Pefhany said:
Can anyone recommend an up-to-date book on TA? I need an overview
covering the top 20 or so methods of analysis, from Bollinger bands to
Ultimate oscillator...

Best regards,
Spehro Pefhany
http://www.speff.com

Spehro, I know this is not what you asked, but right now a lot of money is
being made in the simple indexes like VFINX or VSTMX. I might recommend Bob
Brinkers Marketimer... you can get a sample issue @
http://www.marketimer.com . This guy called the fall of the markets on
3/2001 and suggested a fully invested position on 3/2003. My portfolio was
protected through the fall and I have made a bundle since March....just a
suggestion from a guy who retired at 49 thanks to great advice!
Have a great one, Ross
 
R

Roy McCammon

Jan 1, 1970
0
Spehro said:
TECHNICAL ANALYSIS
A method of evaluating securities by relying on the assumption that
market data, such as charts of price, volume, and open interest, can
help predict future (usually short-term) market trends. Unlike
fundamental analysis, the intrinsic value of the security is not
considered. Technical analysts believe that they can accurately
predict the future price of a stock by looking at its historical
prices and other trading variables. Technical analysis assumes that
market psychology influences trading in a way that enables predicting
when a stock will rise or fall.

--

As Jim implies, it's essentially a zero sum game, the winners feed off
the losers, and there are probably many small losers for every big
winner (especially since the "house" takes a cut)- AND today's winner
can easily be tomorrow's loser. Generally, any predictable patterns
large enough to profit from are taken advantage of in an efficient
market, causing the patterns to be relatively *un*predictable.

Just musing now:
sometimes I think that the economy might be sentient. Our relation to
the economy is about like the relation of our cells to ourselves. If
my cells have any self awareness, they might realize that their health
depends on my health in a big way. If I die, then they die. Now I am
concerned about the overall health of my body, but if some part of it
becomes a sufficient drag on me, I'm not opposed to cutting it out and
letting it die. I suppose then the cells might talk to their neighbors
and speculate on what I am going to be doing and what the best survivale
strategy might be (hold or expand fat, water, salt, glucose) but they
really don't know if I about to do jump into a fire or cold water.

So I figure its that way with us and the economy. I haven't worked it
out whether there is just one global economy or whether there are
several here on the planet. Never the less, I'm reasonably sure that
the economy is completely unaware of me.
 
J

John Woodgate

Jan 1, 1970
0
I read in sci.electronics.design that Roy McCammon
about 'OT: (really OT): Technical Analysis book(s) for an Engineer', on
Sat, 24 Jan 2004:
Never the less, I'm reasonably sure that
the economy is completely unaware of me.

No, it's very slightly aware of you, but enough. Try defaulting on your
tax payments and see the white corpuscles react. (;-)
 
M

Mark J.

Jan 1, 1970
0
Roy McCammon said:
Just musing now:
sometimes I think that the economy might be sentient. Our relation to
the economy is about like the relation of our cells to ourselves. If
my cells have any self awareness, they might realize that their health
depends on my health in a big way. If I die, then they die. Now I am
concerned about the overall health of my body, but if some part of it
becomes a sufficient drag on me, I'm not opposed to cutting it out and
letting it die. I suppose then the cells might talk to their neighbors
and speculate on what I am going to be doing and what the best survivale
strategy might be (hold or expand fat, water, salt, glucose) but they
really don't know if I about to do jump into a fire or cold water.

So I figure its that way with us and the economy. I haven't worked it
out whether there is just one global economy or whether there are
several here on the planet. Never the less, I'm reasonably sure that
the economy is completely unaware of me.


Finally, someone else who understands the feeling of being a cog in the
economic machine!
 
F

Fred Bloggs

Jan 1, 1970
0
Can anyone recommend an up-to-date book on TA? I need an overview
covering the top 20 or so methods of analysis, from Bollinger bands to
Ultimate oscillator...

You must do some preliminary study first- just can't jump in cold. A
starter list would be:

Business Mathematics

Business Mathematics: Basic Skills
.. Basic College Mathematics: An Applied Approach, Boston, MA: Houghton
Mifflin, 1995. Fifth Edition. (Videocassettes)

Alvey, C. George and Johnson, Marceda. Essentials of Math with Business
Applications , New York, NY: Glencoe, McGraw-Hill, 1995. Fifth Edition.

**Deitz, James E. and Southam, James L. Contemporary Business
Mathematics for Colleges, Cincinnati, OH: South-Western College
Publishing, 1999. Twelfth Edition.

**Slater, Jeffrey. Practical Business Math Procedures, Chicago, IL:
Irwin, 1997. Fifth Edition.

Williams, Walter E. and Reed, James H. Fundamentals of Business
Mathematics, Charleston, SC: Hawkes Publishing, 1996. Seventh Edition.

Business Mathematics: Algebra and Finite Mathematics
*** Barnett, Raymond A.; Ziegler, Michael R. and Byleen, Karl E. College
Mathematics for Business, Economics, Life Sciences, and Social Sciences,
Upper Saddle River, NJ; London: Prentice Hall, 1999. Eighth Edition.

** Barnett, Raymond A.; Ziegler, Michael R. and Byleen, Karl E. Finite
Mathematics for Business, Economics, Life Sciences, and Social Sciences,
Upper Saddle River, NJ: Prentice Hall, 1999. Eighth Edition.

Barnett, Raymond A.; Ziegler, Michael R. and Byleen, Karl E. College
Mathematics with Technology: for Business, Economics, Life and Social
Science, Upper Saddle River, NJ: Prentice Hall, 1997. Budnick, Frank S.
Applied Mathematics for Business, Economics and the Social Sciences,
McGraw-Hill, 1993. Fourth Edition.

Deitz, James E. and Southam, James L. Contemporary Business Mathematics
for Colleges, Cincinnati, OH; London: South-Western College Publishing,
1999. Twelfth Edition, Brief Edition.

Dowling, Edward Thomas. SchaumÕs Outline of Theory and Problems of
Mathematical Methods for Business and Economics, New York, NY:
McGraw-Hill, 1993.

Hackett, Graham and Caunt, David. Quantitative Methods: An Active
Learning Approach, Oxford, OX,UK; Cambridge, MA., USA: Blackwell
Business, 1994.

*** Haeussler, Ernest F. and Paul, Richard S. Introductory Mathematical
Analysis for Business, Economics, and the Life and Social Sciences,
Upper Saddle River, NJ: Prentice Hall, 1999. Ninth Edition.

Hughes, Robert James. Business Mathematics, Chicago, IL: Irwin, 1995.

Jacques, Ian. Mathematics for Economics and Business, Harlow, England;
Reading, MA: Addison-Wesley, 1999. Third Edition.

*** Mizrahi, Abe and Sullivan, Michael. Mathematics: An Applied
Approach, New York, NY: Wiley, 1999. Seventh Edition.

Noble, Kathleen A.; Belden, Kim and Miller, Kathleen N. College with
Business Applications, New York, NY: Glencoe/McGraw-Hill, 1997. Seventh
Edition.

Pollack-Johnson, Bruce and Borchardt, Audrey Frederick. Mathematical
Connections: Problem Solving for Business, Social Science, and Everyday
Life: Functions of One Variable, Upper Saddle River, NJ: Prentice Hall,
1997. Draft Edition.

** Prichett, Gordon D.; Saber, John C. and Bowen, Earl K. Mathematics
with Applications in Management and Economics, Burr Ridge, IL: Irwin,
1994. Seventh Edition.

Roueche, Nelda W. and Graves, Virginia H. Business Mathematics: A
Collegiate Approach, Upper Saddle River, NJ: Prentice Hall, 1997.
Seventh Edition. Salzman, Stanley A. Miller; Charles David and
Clendenen, Gary. Mathematics for Business, Reading, MA: Addison-Wesley,
1998. Sixth Edition.

Schultheis, Robert A. and Kaczmarski, Raymond M. Applied Business
Mathematics, Cincinnati, OH; London: South-Western Educational, 1997.

Soper, Jean. Mathematics for Economics and Business: An Interactive
Introduction, Malden, MA: Blackwell Publishers, 1999.

Whigham, David. Quantitative Business Methods Using Excel, Oxford; New
York, NY: Oxford University Press, 1997.

Business Mathematics: Business Statistics
.. Statistics for the Business World, Corporation for Community College
Television: RMI Media Productions, Inc., 1990. (Videocassette)

Bancroft, Gordon and OÕSullivan, George. Quantitative Methods for
Accounting and Business Studies, London; New York, NY: McGraw-Hill,
1993. Third Edition.

** Freund, John E.; Williams, Frank J. and Perles, Benjamin M.
Elementary Business Statistics, Englewood Cliffs, NJ.; London: Prentice
Hall International, 1993. Sixth Edition.

* Hossack, I.B.; Pollard, J. H.; Bancroft, Freund and Zehnwirth, B.
Introductory Statistics With Applications in General Insurance, New
York, NY: Cambridge University Press, 1983.

Kilner, Roy. Quantitative Methods: An Interactive Approach to Business
Statistics and Mathematics: Tudor, 1991.

* Newbold, Paul. Statistics for Business and Economics, Englewood
Cliffs, NJ: Prentice Hall, 1998. Second Edition.

*** Tanur, Judith M., et al., eds. Statistics: A Guide to Business and
Economics, San Francisco, CA: Holden-Day, 1976.

Business Mathematics: Business Calculus
.. Applied Calculus for Business, Social and Life Sciences, New York, NY;
Chichester: Wiley, 1999.

Arya, Jagdish C. and Lardner, Robin W. Mathematical Analysis for
Business, Economics, and the Life and Social Sciences, Englewood Cliffs,
NJ: Prentice Hall, 1993. Fourth Edition.

*** Barnet, Raymond A.; Ziegler, Michael R. and Byleen, Karl E. Calculus
for Business, Economics, Life Sciences, and Social Sciences, Upper
Saddle River, NJ; London: Prentice Hall; Prentice Hall International,
1999. Eighth Edition.

Burgmeier, J. W.; Boisen, M. B, Jr.; and Larsen, M. D. Calculus with
Applications, New York, NY: McGraw-Hill, 1990.

* Farlow, Stanley J. and Haggard, Gary M. Calculus and Its Applications,
New York, NY: McGraw-Hill, 1990.

Richardson, R. L.. Business Calculus Today: with Spreadsheets and
Derive, Fort Worth, TX: Saunders College Publishers, Harcourt Brace
College Publishers, 1996. Preliminary Edition.

Richardson. R. L. and Alejandro, Dona F. Business Calculus Today: with
TI-85 Graphics Calculators, Fort Worth, TX: Saunders College Publishers,
Harcourt Brace College Publishers, 1996. Preliminary Edition.

Trivieri, Lawrence A. Business Calculus, Lincolnwood, IL: NTC Learning
Works, 1996.

Business Mathematics: Economics
Rosser, M. J. Basic Mathematics for Economists, London; New York, NY:
Routledge, 1993.

Stutely, Richard. The Economist Numbers Guide: The Essentials of
Business Numeracy, London: Profile Books, 1997. Third Edition.

Business Mathematics: Finance
Baxter, Robert. Finance Mathematics, Medford, OR: Baxter Instructional
Materials, 1992. Sixth Edition Revised and Expanded.

Hart, W. L. Mathematics of Investment, Lexington, MA: D. C. Heath, 1975,
Fifth Edition.

Karatzas, Ioannis and Shreve, Steven E.. Methods of Mathematical
Finance, New York, NY: Springer, 1998.

** Kellison, Stephen G. The Theory of Interest, Homewood, IL: Richard D.
Irwin, 1970, 1990. Second Edition.

Martin, Peter G. and Burrow, Michael. Applied Financial Mathematics, New
York, NY; Sydney: Prentice Hall, 1991.

Roman, Steven. The Mathematics of Finance, Irvine, CA: Innovative
Textbooks, 1993.

Watsham, Terry J. and Parramore, Keith. Quantitative Methods in Finance,
London; Boston, MA: International Thomson Business Press, 1997. First
Edition.

Business Mathematics: Management
.. Visualizing Results with Graphs and Charts,: Corporation for Community
Television: RMI Media Productions, Inc., 1990. (Videocassette)

Bender, Filmore Edmund; Kahan, Gerald and Mylander, W. Charles.
Optimization for Profit: A Decision MakerÕs Guide to Linear Programming:
Haworth Press, 1991.

*** Bowen, Earl K.; Prichett, Gordon D. and Saber, John C. Mathematics
with Applications in Management and Economics, Homewood, IL: Richard D.
Irwin, 1972, 1987. Sixth Edition.

* Cooke, William P. Quantitative Methods for Management Decisions, New
York, NY: McGraw-Hill, 1985.

Oakshott, Les. Essential Quantitative Methods for Business, Management
and Finance, Houndmills, Basingstoke, Hampshire: Macmillan Business, 1998.

Shao, Stephen Pinyee. Mathematics for Management and Finance,
Cincinnati, OH: South-Western College Publishers, 1998. Eighth Edition.

Waters, C. D. J. Quantitative Methods for Business, Workingham, England;
Reading, MA: Addison-Wesley, 1994.

Business Mathematics: Marketing
Stull, William A. Marketing and Essential Math Skills, Cincinnati, OH:
South-Western Publishing, 1999.

Business Mathematics: Introductory Actuarial Mathematics
.. General Principles of Actuarial Science, Arlington, VA; Schaumburg,
IL: Casualty Actuarial Society; Society of Actuaries, 1997.

Beard, R. E.; Pentakainen, T. and Pesonen, E. Risk Theory, New York, NY:
Chapman and Hall, 1984.

** Bowers, Newton L., Jr., et al. Actuarial Mathematics, Itasca, IL:
Society of Actuaries, 1984.

** Casualty Actuarial Society. Foundations of Casualty Actuarial
Science, Arlington, VA: Casualty Actuarial Society, 1990.

Gerber, Hans U. Life Insurance Mathematics, New York, NY:
Springer-Verlag, 1990.

Gerber, Hans U. An Introduction to Mathematical Risk Theory, Homewood,
IL: Richard D. Irwin, 1979.

* Hogg, Robert V. and Klugman, S. Loss Distributions, New York, NY: John
Wiley, 1984.

Jordan, C. W. Life Contingencies, Schaumburg, IL: Society of Actuaries,
1975. Second Edition.

* Parmenter, Michael M. Theory of Interest and Life Contingencies with
Pension Applications: A Problem Solving Approach, Winsted, CT: ACTEX
Publications, 1988.

Reffitt, Luther V. Actuarial Opportunities, Fort Wayne, IN: L. V.
Reffitt, Jr., 1990.

Straub, Erwin. Non-Life Insurance Mathematics, New York, NY:
Springer-Verlag, 1988.

Trowbridge, Charles L. Fundamental Concepts of Actuarial Science,
Schaumburg, IL: Actuarial Education and Research Fund, 1989.

Business Mathematics: Advanced Actuarial Mathematics
Bowers, Newton L. Actuarial Mathematics, Schaumburg, IL: Society of
Actuaries, 1997.

* Anderson, Arthur W. Pension Mathematics for Actuaries, Needham, MA:
Arthur W. Anderson, 1985.

Andrews, George E. and Beekman, John A. Actuarial Projections for the
Old Age, Survivor, and Disability Income Program of Social Security in
the United States of America, Schaumburg, IL: Society of Actuaries, 1987.

Batten, R. W. Mortality Table Construction, Englewood Cliffs, NJ:
Prentice Hall, 1978.

* Berin, Barnet N. The Fundamentals of Pension Mathematics, Schaumburg,
IL: Society of Actuaries, 1989.

Brown, Robert L. Introduction to Property Casualty Ratemaking and Loss
Reserving, Winsted, CT: ACTEX Publications, 1991.

Chiang, Chin Long. The Life Table and Its Applications, Melbourne, FL:
Robert E. Krieger, 1984.

Gerschenson, H. Measurement of Mortality, Schaumburg, IL: Society of
Actuaries, 1961.

Hustead, E. C. 100 Years of Mortality, Schaumburg, IL: Society of
Actuaries, 1989.

Klugman, Stuart A. Bayesian Statistics in Actuarial Science: with
Emphasis on Credibility, Boston, MA: Kluwer Academic Publishers, 1992.

London, Dick. Survival Models and their Estimation, Winsted, CT: ACTEX
Publications, 1988. Second Edition.

London, Dick. Graduation: The Revision of Estimates, Winsted, CT: ACTEX
Publications, 1985.

Moorehead, E. J. Our Yesterdays: The History of the Actuarial Profession
in North America, 1805 - 1979, Schaumburg, IL: Society of Actuaries, 1989.

Satake, Eiki; Amato, Phil P. and Gilligan, William P. Actuarial
Mathematics of Finance, Denton, TX: RonJon Publishing, 1994.
 
J

John Woodgate

Jan 1, 1970
0
I read in sci.electronics.design that Fred Bloggs <[email protected]>
wrote (in said:
You must do some preliminary study first- just can't jump in cold. A
starter list would be:

That's not a starter, it's a finisher. At least, it would finish most
people.
 
S

Spehro Pefhany

Jan 1, 1970
0
You must do some preliminary study first- just can't jump in cold. A
starter list would be:

<a big snip>

ROTFL! Lemme guess, it works the same as that sure-fire contraceptive
pill you can buy at retail at any drug store..

Best regards,
Spehro Pefhany
 
S

Spehro Pefhany

Jan 1, 1970
0
Finally, someone else who understands the feeling of being a cog in the
economic machine!

Deep nonlinear thinking. Probably genius and/or drug use..

Best regards,
Spehro Pefhany
 
J

John Woodgate

Jan 1, 1970
0
I read in sci.electronics.design that Spehro Pefhany <speffSNIP@interlog
DOTyou.knowwhat> wrote (in <[email protected]>)
about 'OT: (really OT): Technical Analysis book(s) for an Engineer', on
Sun, 25 Jan 2004:
ROTFL! Lemme guess, it works the same as that sure-fire contraceptive
pill you can buy at retail at any drug store..

An aspirin?
 
S

Spehro Pefhany

Jan 1, 1970
0
I read in sci.electronics.design that Spehro Pefhany <speffSNIP@interlog
DOTyou.knowwhat> wrote (in <[email protected]>)
about 'OT: (really OT): Technical Analysis book(s) for an Engineer', on
Sun, 25 Jan 2004:


An aspirin?

Indeed. Held firmly between the knees, of course.

Best regards,
Spehro Pefhany
 
R

Roy McCammon

Jan 1, 1970
0
Deep nonlinear thinking. Probably genius and/or drug use..

no drugs (at least no mood altering ones) but strongly
addicted to napping.
 
M

Mark J.

Jan 1, 1970
0
Robert C Monsen said:
Or, he has been reading Vernor Vinge again...


Oh don't get me started on my theories of space/time, or rather, the
missing 2/3rds of it. :)
 
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