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<DIV><FONT size=2></FONT><FONT color=#000000 size=2>Thoughts from a relative
newbie:</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT> </DIV>
<DIV><FONT color=#000000 size=2>Re: the multiple time frame question
below. Don't know exactly what you may mean by "multiple cycle time
frame analysis, techniques" but here are a few places to look.</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2></FONT>
<DIV><FONT size=2>- Cynthia Kase discusses multiple time frame
trading in her book "Trading with the Odds". The chapter to look
at has the word "timeframe" in it. I think her idea of
"scaling up in timeframes" is a terrific one for transforming day
trades to position trades. (Though I haven't actually done it but only have
plans to try it at some point.) I also think her discussion of timeframes
and risk is terrific and a MUST READ for newbies with small
accounts.</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV></DIV>
<DIV><FONT size=2>- Alexander Elder has a discussion of
multiple time frames in his book "Trading for a Living." See the
chapter on "Triple Screen."</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>- Robert Krausz has a brief discussion of
multiple time frames in his "Gann Treasure..." book.</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>My recommendation would be to start with Kase and work down
the list. The essential ideas Kase, Elder, and Krausz lay out are the same
albeit they call these ideas different things (e.g., Kase's "Permission
Stochastic" is similar to Elder's "Triple Screen"). IMO,
it's important to focus on the multiple time frame concepts rather than on the
specific indicators they recommend to use for each time frame. Both Kase
and Elder distinguish 3 useful timeframes for trading</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>Key questions:</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>- How many timeframes should be considered
in initiating a trade?</FONT></DIV>
<DIV><FONT size=2>- What is the proportion across the
timeframes that should be used? Is it fixed (as in Elder's "Factor of
Five") or market specific?</FONT> </DIV>
<DIV> </DIV>
<DIV><FONT color=#000000 size=2>Steven Buss</FONT></DIV>
<DIV><FONT color=#000000 size=2>Walnut Creek, CA<BR><A
href="mailto:sbuss@xxxxxxxxxxx";>sbuss@xxxxxxxxxxx</A></FONT></DIV>
<DIV><FONT face=Arial size=2><B></B></FONT> </DIV>
<DIV><FONT face=Arial size=2><B>-----Original Message-----</B><BR><B>From:
</B>Peter [ KKD] <<A
href="mailto:derivatives@xxxxxxxxxxxxxx";>derivatives@xxxxxxxxxxxxxx</A>><BR><B>To:
</B>steve <swp@xxxxxxxxxx><BR><B>Date:
</B>Wednesday, November 11, 1998 8:40 AM<BR><B>Subject:
</B>forward<BR><BR> </DIV></FONT>
<DIV>steve</DIV>
<DIV> it seems I cannotpost to the real traders group..server
problems. Cam you post this fo me </DIV>
<DIV>thanks </DIV>
<DIV>Peter</DIV>
<DIV><BR>
<DIV><FONT color=#000000 size=2>G'Day folks</FONT></DIV>
<DIV><FONT color=#000000 size=2> A freind of mine recommended
I look at Walter Bresserts website which focuses on cycles. Trouble is that
neither he nor I can located the damn thing. Anyone have the URL.</FONT></DIV>
<DIV><FONT color=#000000 size=2> Also any material out there
on multiple cycle time frame analysis, techniques etc. , I'll even consider ARCH
& GARCH techniques, despite them not being totally cyclic works</FONT></DIV>
<DIV><FONT color=#000000 size=2>Peter <A
href="mailto:derivatives@xxxxxxxxxxxxxx";>derivatives@xxxxxxxxxxxxxx</A>
</FONT></DIV></DIV></BODY></HTML>
</x-html>From ???@??? Wed Nov 11 13:18:23 1998
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Subject: Re: learning fib
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In a message dated 98-11-11 15:06:36 EST, wl7bdn@xxxxxxxxxxxxx writes:
<< If a picture is worth a thousand words, SnP looks remarkable here: >>
*************************************
Michael:
You are right, a picture is worth 1000 words but could you supply just a few
words to describe what you are referring to in the S&P chart. Thanks.
Lynn
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