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Good first time book on technical analysis November 6 2001 at 10:29 AM		New Guy On The Block

I am starting to really get excited about technical analyis. Can anyone recommend a good introduction book? Also, is Elliot Wave Theory profitable? NG

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Frank Figaro

John Murphy's Classic Volume

November 6 2001, 11:51 AM

This one IS THE CLASSIC bible of technical analysis:

Technical Analysis of the Futures Markets -- John Murphy

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Joseph Breckman

A first starter for Elliot Wave (EW)

November 6 2001, 3:54 PM

NG, Look for The Elliot Wave Principle by Frost and Prechter. Also I think their is a website at http://www.EliotWave.com :)JB

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Joseph Brekman

CORRECTION on website address

November 6 2001, 3:56 PM

Sorry I made a typo, the web address is http://www.ElliotWave.com

JB

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Elliott Wave; TA

November 7 2001, 8:22 AM

Elliott Wave is great - for showing where you've BEEN.
Its another story of showing you where you are NOW and where you should be IN THE FUTURE.

Granted, there is some symmetry to EW, but having had several EW programs, I have seen on several occasions, the EW count completely change with the addition of a single bar!

Gann techniques are similar BUT MUCH MORE SOPHISTICATED.

Learning the ins and outs of technical analysis mAy be a much better investment for you in the future.

If interested, email me for copies, in PDF format of my 21 CARDINAL RULES FOR TRADING and my argument of why Gann Angles do not equal Geometric Angles.

Gerald Marisch

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