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Re: "Trading With DiNapoli Levels" question.



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At 10:06 AM 1/30/00 -0600, tradejacker@xxxxxxxxxxxx wrote:
>what about your other top 4 books tim???
>
>here's my top five:
>1. trading systems and methods 2nd ed - kaufman
>2. computerized trading - jurik, ed.
>3. pit bull - schwartz (s&p psych)
>4. the day trader - borsellino (aa)
>5. nonlinear pricing - may (got me thinking about chaos and real time r/s 
>analysis)
>
>TJ
>
>fwiw, i place dinapoli in my top 10 books because of the fib analysis, ie,
> it's a self-fulfilling prophecy in a lot of markets
>
>At Sun, 30 Jan 2000 09:17:29 -0600, Timothy Morge <tmorge@xxxxxxxxxxxxxxx> 
>wrote:
>
>>I've said before here that I rank this book as one of my top
>>five books on trading. I use the techniques in it all day
>>long in my trading. Joe is an excellent educator.
>
>
>

TJ.. 

Some would disagree that fib analysis is a self-fulfilling prophesy..
There are many who believe that the more a certain technique is
used (more traders using it) the less likely it will work in the markets..
There is a conflict there, a trader can't believe both..

Any-way, for whatever reason, Fibs work well in all liquid markets!
One trader I know said "it's like cheating!"

-Neal.


-----------------
Neal on the 'net.
Trade well. Train hard.
http://www.halcyon.com/neal/