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Correct and also in that book he says he never ever looks at charts.....
Frans
At 12:49 30-5-2001 -0500, you wrote:
>Is this the same Gary Smith that wrote "How I Trade for a Living"?
>Lionel Issen
>lissen@xxxxxxxxxxxxxx
>----- Original Message -----
>From: "Frans Derksen" <fjderksen@xxxxxxxxx>
>To: <metastock@xxxxxxxxxxxxx>
>Sent: Wednesday, May 30, 2001 9:32 AM
>Subject: Re: Tape Reading
>
>
>>
>> And don't forget Gary Smith with his book Live the Dream by Profitably
>> Daytrading Stockfutures (Sacramento, CA, Advanced Trading Seminars Inc,
>> 1995) available through Reality Based Trading, Sacramento Ca.
>> As far as I remember the guy did not even own a computer and showed a
>great
>> trackrecord from just watching the tape at CNBC.
>>
>> Rgds.
>> Frans
>>
>> At 22:29 29-5-2001 -0500, you wrote:
>> >Jim, you might want to contact Mark Cook at cookfax2@xxxxxxxx He spent
>years
>> >reading the tape.
>> >
>> >He has a website http://www.markdcook.com/
>> >
>> >Mark developed the Cook Cumulative TickT indicator and gained acclaim by
>> >winning the 1992 U.S. Investment Championship with an astounding 563.8%
>> >return. He has written numerous articles for industry publications
>including
>> >Futures magazine, Financial Trader and Barron's, and was featured in
>Forbes
>> >magazine (January, 1994
>> >
>> >Gene
>> >*************************************************
>> >
>> >----- Original Message -----
>> >From: Wooglin
>> >To: tech-traders@xxxxxxxxxxxxxxx ; Quotes-Plus Yahoo ; List MetaStock
>> >Sent: Monday, May 28, 2001 8:33 PM
>> >Subject: Tape Reading
>> >
>> >
>> >I am looking for source material on the old fashion art of tape reading.
>As
>> >I understand it, someone with a trained eye and a good memory could watch
>> >the tape and see the accumulation (or distribution) of a stock followed
>by a
>> >price change in that direction.
>> >
>> >I am looking not only for explanation of the technique itself but also
>the
>> >trading tactics that go with it.
>> >
>> >Thanks,
>> >
>> >Jim Barone
>> >
>> >
>
>
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