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Chris:
I do agree with you that it is an excellent book and it does go well beyond
his new software in his descriptions of price auctions and market activity.
When I re-read my comments, they were too negative. I can recommend 141
West Jackson to other RealTraders.
I think my frustration comes from being unable to duplicate his results in
TS and not wanting to go to CQG or more expensive trading software without
being able to fully test and understand his analysis of market efficency
and price auction.
His book presents a unique and different methodology of analyzing markets,
I only wish that I could have access to his software in Real Time without
using one of the more expensive platforms.
Jay
----------
> From: Chris Lober <cwlo@xxxxxxxxxxxx>
> To: jaytradr@xxxxxxxxxxxxx; RealTraders Discussion Group
<realtraders@xxxxxxxxxxxxxx>
> Subject: Re: Steidlmayer's New Book
> Date: Sunday, November 02, 1997 8:02 PM
>
> I consider 141 West Jackson to be Steidlmayer's best book so far. I
> disagree with the comment that its mostly about his new software, as
there
> are a number of chapters that discuss the function and operation of the
> market in great length. The principles he discusses can be used on any
> "standard" market profile display. Furthermore, he has been able to
> synthesize+explain a lot of his knowledge that until now has largely
been
> intuitive.
>
> With regard to the Capflow software, I believe it can get prices from
CQG,
> Aspen, Townsend Analytics, and their own dial-up server. It works with
30
> min data, and I imagine it could be linked into Tradestation considering
it
> uses DDE for prices.
>
> Regards,
>
> Chris Lober
>
>
>
>
>
>
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