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At 02:58 PM 1/27/00 -0500, you wrote:
>Recently some of you had high praise for this book. After
>reading some reviews, the table of contents and a couple of
>articles by DiNapoli I'm almost ready to buy it. However I am
>afraid that the book might actually be a $200 sales brochure for
>$800 in software.
>
>I trade stocks eod, trying to catch trends and have no desire to
>diddle with intraday data. Are DiNapoli's ideas predicated on
>multiple time frames? Have you folks been able to put his ideas
>to effective use without "Fibnodes" and the "Oscillator
>Predictor?"
>
>Thank you for your attention. I'll welcome all comments.
>
>--
>Brad
>
Brad,
I probably wrote one of the book reviews that you have read.
I use DiNapoli techniques, and am a rabid fan. So you're
welcome to phone me (send private email for my number), to discuss.
I'm not driven to have you buy his book, or software, it
doesn't make any difference to me. So you'll get honest
answers to your questions, from a happy DiNapoli trader
and a friend of Joe DiNapoli.
The book is the complete trading methodology. It's not an
advertising brochure for his software.
You can trade DiNapoli techniques without FibNodes or the
Coast Trading Package. You will find those software packages
very convenient, but not essential. The only proprietary
indicator that requires software from DiNapoli is his
oscillator-predictor, though you can use his Detrended
Oscillator to replace the Oscillator Predictor. The
Detrended Oscillator as well as all the other indicators
he uses (except the Oscillator Predictor) are disclosed
in the back of the "Trading Wish DiNapoli Levels" book.
Most of the formulas for the DiNapoli indicators can be
downloaded from his website http://www.fibtrader.com
in the proprietary client area. If you buy his book
directly from DiNapoli, you get 60 days free access
to that area, otherwise you get 30 days access. If you
see the value of the coaching and mentoring web pages and
forums, it's a better deal to skip the book-store discount
and buy direct. I volunteer my time to help traders on that
website, so maybe I'll get to know you there?
Let me know if you have more questions.
-Neal.
-----------------
Neal on the 'net.
Trade well. Train hard.
http://www.halcyon.com/neal/
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