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Thread: Weinstein

  1. #1
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    Default Weinstein

    I have been recomended the TA approach of Stan Weinstein, he has published a book " Secrets for Profiting in Bull and Bear Markets " does anyone follow this approach and if so what are your opinions ? Thanks.

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    Junior Member Cadmium's Avatar
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    Breaking a common forum rule "Do not resurrect ancient threads" I ask the same question "sharebattler" asked in 2004.

    I have been reading Stan Weinstein's 1998 TA book Secrets for Profiting in Bull and Bear Markets.

    His analysis centres on the 30 week moving average. In simple terms, he says, buy on breakouts above the MA, where trading volume is high and relative strength is trending up, or above 0. Get out when price breaks down below the MA, or if the MA has levelled out and the price drops below recent support.

    (There is quite a bit more information and variations to this discussed in his book of course!)

    I am interested in comments from anyone who has come across his approach.
    There has been an alarming increase in the number of things I know nothing about!

  3. #3
    action-reaction arco's Avatar
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    Cadmium

    If you have access to Robert Colbys book
    The Encyclopedia of Technical Market Indicators

    you will find some testing/results he has done on MA crossovers. I have the book, but this may give you some idea. P 502

    http://books.google.co.nz/books?id=S...sult#PPA505,M1

    rgds - arco
    Last edited by arco; 26-08-2008 at 05:13 PM.
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    Junior Member Cadmium's Avatar
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    Thanks for this reference Arco!

    I saw Colby's book in Borders, but didn't have the courage to buy it at the time. After reading the material in the link you posted, I have changed my forum signature. :o

    In Weinstein's charts, the crossover he is interested in is the crossover of the share price line with the 30 week MA. He doesn't use a second MA to create indication points.

    In case anyone is interested, here is a link to an article summarising his "stage analysis".

    http://www.trade2win.com/knowledge/t...stage-analysis

    From a newbie's point of view, this seems like a simple place to start but I am very aware there is so much to learn ahead.
    There has been an alarming increase in the number of things I know nothing about!

  5. #5
    action-reaction arco's Avatar
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    Cadmium

    If you dont mind waiting a few days you will save money buying here

    http://www.traderslibrary.com/morein..._Index%2364683

    FYI Colby also has his own site

    http://www.robertwcolby.com/index.html

    rgds - arco
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