From: "DMC197807" <dmc197807@comcast.net>
Subject: Re: [CANSLIM] stock software
Date: Thu, 7 Aug 2003 10:41:53 -0700
Previous Article (by Date): [CANSLIM] PDII Yien T Lung
Top of Thread: Re: [CANSLIM] stock software michael_niemotka@baxter.com
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Jeff,
Those are 3 good books. Only about 50 more to go!
I actually think that Van Tharp's book and Stan Weinstein's book are the =
first pillars of wisdom here, both well-written and logical. Van & =
Stan, sounds like a car dealership.
Here is a basic list I made up for a young man (college boy) who wanted =
to learn about TA and trading. It's about 1/3 the books I have (I find =
Farley, Pring and Dorsey to be harder slogging in the initial rounds, so =
put them off to later--by that time you'll be able to choose your own =
books) and I'm sure that others may vote for different books in the =
intial cut, but that's what makes a market, even in books:
E=3D Elder, Trading for a Living
IBD=3D Investors Business Daily
M=3D Murphy, Technical Analysis of the Financial Markets
Ma=3D Moving Averages Simplified (Drokes)
Mc=3DMcMillan, Options as a Strategic Investment
Mo=3D Morris, Candlestick Charting Explained
Ni=3D Nison, Beyond Candlesticks
Vt=3D Van Tharp, Trade Your Way to Financial Freedom=20
Ta=3D Technical Analysis of Stocks & Commodities (magazine)
W=3D Weinstein, Secrets of Profiting in Bull & Bear Markets
Things I don't find helpful in the early stages of learning are: Gann, =
Fibonacci and Bulkowski's chart analysis.
DMC
----- Original Message -----=20
From: Jeff Henderson=20
To: canslim@lists.xmission.com=20
Sent: Wednesday, August 06, 2003 1:02 PM
Subject: RE: [CANSLIM] stock software
I read How to Make Money in Stocks: A Winning System in Good Times or =
Bad by William O'Neill and Trade Your Way to Financial Freedom by K. =
Tharp and Nicholas Darvas's book How I Made 2,000,000 in the Stock =
Market
=20
-----Original Message-----
From: owner-canslim@lists.xmission.com =
[mailto:owner-canslim@lists.xmission.com] On Behalf Of DMC197807
Sent: Wednesday, August 06, 2003 2:56 PM
To: canslim@lists.xmission.com
Subject: Re: [CANSLIM] stock software
=20
Jeff,
=20
If you are a college student then I suggest you spend zero dollars for =
software. You no doubt have access to high speed internet access (aka =
the Big Pipe). You should be able to utilize a lot of free sites =
(including this one) to get some education. I'd suggest using the MSN =
site for scanning, the free section of stockcharts.com for charting (and =
education) and the library for borrowing books. You can lurk at a =
number of for-pay investment sites (SI comes to mind) and learn from a =
number of very wise people. Most investment sites have an extensive =
education spot (check out stockcharts, Bernie Schaefer).
=20
If you're going to college in or near a big city, I'd suggest signing =
up for free presentations/seminars offered by TC2K, Metastock, 21st =
Century Investor Educ. Center (options), etc. If your college has a =
business school you might look for a finance course, if it's Univ of =
Penna, you might hang out at the Wharton School, etc. Also, check to =
see if your school has an investment club/group/etc. These can be very =
sophisticated, although they almost always are enamored of an FA =
approach.
=20
Btw, "I just got finished reading 3 stock books and I'm getting =
anxious about trading" is a dangerous sentence to read. The market =
stands ready, willing and able to separate you from your brokerage =
account. I'm not saying "don't tread," but rather, "tread very =
carefully."
=20
Which 3 stock books did you read?
=20
DMC
----- Original Message -----=20
From: Jeff Henderson=20
To: Canslim=20
Sent: Wednesday, August 06, 2003 11:57 AM
Subject: [CANSLIM] stock software
=20
Does anybody have any recommendations for stock software? I'm =
looking for getting the most for my $ plus I'm a college student so, I =
really don't have to much money to spend (<$100). Sorry if I'm asking =
too many questions but it's my first day and I just got finished reading =
3 stock books and I'm getting anxious about trading.
=20
Thanks,
Jeff H.
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<DIV><FONT face=3DArial size=3D2>Jeff,</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT> </DIV>
<DIV><FONT face=3DArial size=3D2>Those are 3 good books. Only =
about 50 more to=20
go!</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT> </DIV>
<DIV><FONT face=3DArial size=3D2>I actually think that Van Tharp's book =
and Stan=20
Weinstein's book are the first pillars of wisdom here, both well-written =
and=20
logical. Van & Stan, sounds like a car =
dealership.</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT> </DIV>
<DIV><FONT face=3DArial size=3D2>Here is a basic list I made up for a =
young man=20
(college boy) who wanted to learn about TA and trading. It's about =
1/3 the=20
books I have (I find Farley, Pring and Dorsey to be harder slogging in =
the=20
initial rounds, so put them off to later--by that time you'll be able to =
choose=20
your own books) and I'm sure that others may vote for different books in =
the=20
intial cut, but that's what makes a market, even in books:</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT> </DIV>
<DIV><FONT face=3DArial size=3D2>E=3D Elder, Trading for a =
Living<BR>IBD=3D =20
Investors Business Daily<BR>M=3D Murphy, Technical Analysis of the =
Financial=20
Markets<BR>Ma=3D Moving Averages Simplified =
(Drokes)<BR>Mc=3DMcMillan, Options=20
as a Strategic Investment<BR>Mo=3D Morris, Candlestick Charting =
Explained<BR>Ni=3D=20
Nison, Beyond Candlesticks<BR>Vt=3D Van Tharp, Trade Your =
Way to=20
Financial Freedom </FONT></DIV>
<DIV><FONT face=3DArial size=3D2>Ta=3D Technical Analysis of Stocks =
& Commodities=20
(magazine)<BR>W=3D Weinstein, Secrets of Profiting in Bull & Bear=20
Markets</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT> </DIV>
<DIV><FONT face=3DArial size=3D2>Things I don't find helpful in the =
early stages of=20
learning are: Gann, Fibonacci and Bulkowski's chart =
analysis.</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT> </DIV>
<DIV><FONT face=3DArial size=3D2>DMC</FONT></DIV>
<DIV> </DIV>
<BLOCKQUOTE dir=3Dltr=20
style=3D"PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; =
BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
<DIV style=3D"FONT: 10pt arial">----- Original Message ----- </DIV>
<DIV=20
style=3D"BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: =
black"><B>From:</B>=20
<A title=3DJHend746@cox.net href=3D"mailto:JHend746@cox.net">Jeff =
Henderson</A>=20
</DIV>
<DIV style=3D"FONT: 10pt arial"><B>To:</B> <A =
title=3Dcanslim@lists.xmission.com=20
=
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
</DIV>
<DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Wednesday, August 06, =
2003 1:02=20
PM</DIV>
<DIV style=3D"FONT: 10pt arial"><B>Subject:</B> RE: [CANSLIM] stock=20
software</DIV>
<DIV><BR></DIV>
<DIV class=3DSection1>
<P class=3DMsoNormal><FONT face=3DArial color=3Dnavy size=3D2><SPAN=20
style=3D"FONT-SIZE: 10pt; COLOR: navy; FONT-FAMILY: Arial">I read=20
</SPAN></FONT><FONT face=3DVerdana size=3D2><SPAN=20
style=3D"FONT-SIZE: 10pt; FONT-FAMILY: Verdana"><A=20
=
href=3D"http://www.amazon.com/exec/obidos/ISBN=3D0070480176/arbtrading-20=
/"><FONT=20
color=3Dblack><SPAN style=3D"COLOR: black">How to Make Money in =
Stocks: A Winning=20
System in Good Times or Bad</SPAN></FONT></A> by William O=92Neill and =
<A=20
=
href=3D"http://www.amazon.com/exec/obidos/ISBN=3D0070647623/arbtrading-20=
/"><FONT=20
color=3Dblack><SPAN style=3D"COLOR: black">Trade Your Way to Financial =
Freedom</SPAN></FONT></A> <SPAN class=3DGramE>by K</SPAN>. Tharp =
and=20
</SPAN></FONT><FONT face=3DArial size=3D2><SPAN=20
style=3D"FONT-SIZE: 10pt; FONT-FAMILY: Arial">Nicholas <SPAN=20
class=3DSpellE>Darvas=92s</SPAN> book </SPAN></FONT><U><FONT =
face=3DVerdana=20
size=3D2><SPAN style=3D"FONT-SIZE: 10pt; FONT-FAMILY: Verdana"><A=20
=
href=3D"http://www.amazon.com/exec/obidos/ISBN=3D0818403969/arbtrading-20=
/"><FONT=20
color=3Dblack><SPAN style=3D"COLOR: black">How I Made 2,000,000 in the =
Stock=20
Market</SPAN></FONT></A></SPAN></FONT></U><FONT face=3DArial =
color=3Dnavy=20
size=3D2><SPAN=20
style=3D"FONT-SIZE: 10pt; COLOR: navy; FONT-FAMILY: =
Arial"><o:p></o:p></SPAN></FONT></P>
<P class=3DMsoNormal><FONT face=3DArial color=3Dnavy size=3D2><SPAN=20
style=3D"FONT-SIZE: 10pt; COLOR: navy; FONT-FAMILY: =
Arial"><o:p> </o:p></SPAN></FONT></P>
<P class=3DMsoNormal style=3D"MARGIN-LEFT: 0.5in"><FONT face=3DTahoma =
size=3D2><SPAN=20
style=3D"FONT-SIZE: 10pt; FONT-FAMILY: Tahoma">-----Original=20
Message-----<BR><B><SPAN style=3D"FONT-WEIGHT: bold">From:</SPAN></B> =
<A=20
=
href=3D"mailto:owner-canslim@lists.xmission.com">owner-canslim@lists.xmis=
sion.com</A>=20
[mailto:owner-canslim@lists.xmission.com] <B><SPAN=20
style=3D"FONT-WEIGHT: bold">On Behalf Of =
</SPAN></B>DMC197807<BR><B><SPAN=20
style=3D"FONT-WEIGHT: bold">Sent:</SPAN></B> </SPAN></FONT><st1:date =
Year=3D"2003"=20
Day=3D"6" Month=3D"8"><FONT face=3DTahoma size=3D2><SPAN=20
style=3D"FONT-SIZE: 10pt; FONT-FAMILY: Tahoma">Wednesday, August 06,=20
2003</SPAN></FONT></st1:date><FONT face=3DTahoma size=3D2><SPAN=20
style=3D"FONT-SIZE: 10pt; FONT-FAMILY: Tahoma"> =
</SPAN></FONT><st1:time=20
Minute=3D"56" Hour=3D"14"><FONT face=3DTahoma size=3D2><SPAN=20
style=3D"FONT-SIZE: 10pt; FONT-FAMILY: Tahoma">2:56=20
PM</SPAN></FONT></st1:time><FONT face=3DTahoma size=3D2><SPAN=20
style=3D"FONT-SIZE: 10pt; FONT-FAMILY: Tahoma"><BR><B><SPAN=20
style=3D"FONT-WEIGHT: bold">To:</SPAN></B>=20
canslim@lists.xmission.com<BR><B><SPAN=20
style=3D"FONT-WEIGHT: bold">Subject:</SPAN></B> Re: [CANSLIM] stock=20
software</SPAN></FONT></P>
<P class=3DMsoNormal style=3D"MARGIN-LEFT: 0.5in"><FONT face=3D"Times =
New Roman"=20
size=3D3><SPAN style=3D"FONT-SIZE: =
12pt"><o:p> </o:p></SPAN></FONT></P>
<DIV>
<P class=3DMsoNormal style=3D"MARGIN-LEFT: 0.5in"><FONT face=3DArial =
size=3D2><SPAN=20
style=3D"FONT-SIZE: 10pt; FONT-FAMILY: =
Arial">Jeff,</SPAN></FONT><o:p></o:p></P></DIV>
<DIV>
<P class=3DMsoNormal style=3D"MARGIN-LEFT: 0.5in"><FONT face=3D"Times =
New Roman"=20
size=3D3><SPAN style=3D"FONT-SIZE: =
12pt"> <o:p></o:p></SPAN></FONT></P></DIV>
<DIV>
<P class=3DMsoNormal style=3D"MARGIN-LEFT: 0.5in"><FONT face=3DArial =
size=3D2><SPAN=20
style=3D"FONT-SIZE: 10pt; FONT-FAMILY: Arial">If you are a college =
student then=20
I suggest you spend zero dollars for software. You no doubt have =
access=20
to high speed internet access (aka the Big Pipe). You should be =
able to=20
utilize a lot of free sites (including this one) to get some =
education. =20
I'd suggest using the MSN site for scanning, the free section of=20
stockcharts.com for charting (and education) and the library for =
borrowing=20
books. You can lurk at a number of for-pay investment sites (SI =
comes to=20
mind) and learn from a number of very wise people. Most =
investment sites=20
have an extensive education spot (check out stockcharts, Bernie=20
Schaefer).</SPAN></FONT><o:p></o:p></P></DIV>
<DIV>
<P class=3DMsoNormal style=3D"MARGIN-LEFT: 0.5in"><FONT face=3D"Times =
New Roman"=20
size=3D3><SPAN style=3D"FONT-SIZE: =
12pt"> <o:p></o:p></SPAN></FONT></P></DIV>
<DIV>
<P class=3DMsoNormal style=3D"MARGIN-LEFT: 0.5in"><FONT face=3DArial =
size=3D2><SPAN=20
style=3D"FONT-SIZE: 10pt; FONT-FAMILY: Arial">If you're going to =
college in or=20
near a big city, I'd suggest signing up for free =
presentations/seminars=20
offered by TC2K, Metastock, 21st Century Investor Educ. Center =
(options),=20
etc. If your college has a business school you might look for a =
finance=20
course, if it's Univ of Penna, you might hang out at the=20
</SPAN></FONT><st1:place><st1:PlaceName><FONT face=3DArial =
size=3D2><SPAN=20
style=3D"FONT-SIZE: 10pt; FONT-FAMILY: =
Arial">Wharton</SPAN></FONT></st1:PlaceName><FONT=20
face=3DArial size=3D2><SPAN style=3D"FONT-SIZE: 10pt; FONT-FAMILY: =
Arial">=20
</SPAN></FONT><st1:PlaceType><FONT face=3DArial size=3D2><SPAN=20
style=3D"FONT-SIZE: 10pt; FONT-FAMILY: =
Arial">School</SPAN></FONT></st1:PlaceType></st1:place><FONT=20
face=3DArial size=3D2><SPAN style=3D"FONT-SIZE: 10pt; FONT-FAMILY: =
Arial">,=20
etc. Also, check to see if your school has an investment=20
club/group/etc. These can be very sophisticated, although they =
almost=20
always are enamored of an FA =
approach.</SPAN></FONT><o:p></o:p></P></DIV>
<DIV>
<P class=3DMsoNormal style=3D"MARGIN-LEFT: 0.5in"><FONT face=3D"Times =
New Roman"=20
size=3D3><SPAN style=3D"FONT-SIZE: =
12pt"> <o:p></o:p></SPAN></FONT></P></DIV>
<DIV>
<P class=3DMsoNormal style=3D"MARGIN-LEFT: 0.5in"><FONT face=3DArial =
size=3D2><SPAN=20
style=3D"FONT-SIZE: 10pt; FONT-FAMILY: Arial">Btw, "I just got =
finished reading=20
3 stock books and I=92m getting anxious about trading" is a dangerous =
sentence=20
to read. The market stands ready, willing and able to separate =
you from=20
your brokerage account. I'm not saying "don't tread," but =
rather, "tread=20
very carefully."</SPAN></FONT><o:p></o:p></P></DIV>
<DIV>
<P class=3DMsoNormal style=3D"MARGIN-LEFT: 0.5in"><FONT face=3D"Times =
New Roman"=20
size=3D3><SPAN style=3D"FONT-SIZE: =
12pt"> <o:p></o:p></SPAN></FONT></P></DIV>
<DIV>
<P class=3DMsoNormal style=3D"MARGIN-LEFT: 0.5in"><FONT face=3DArial =
size=3D2><SPAN=20
style=3D"FONT-SIZE: 10pt; FONT-FAMILY: Arial">Which 3 stock books did =
you=20
read?</SPAN></FONT><o:p></o:p></P></DIV>
<DIV>
<P class=3DMsoNormal style=3D"MARGIN-LEFT: 0.5in"><FONT face=3D"Times =
New Roman"=20
size=3D3><SPAN style=3D"FONT-SIZE: =
12pt"> <o:p></o:p></SPAN></FONT></P></DIV>
<DIV>
<P class=3DMsoNormal style=3D"MARGIN-LEFT: 0.5in"><FONT face=3DArial =
size=3D2><SPAN=20
style=3D"FONT-SIZE: 10pt; FONT-FAMILY: =
Arial">DMC</SPAN></FONT><o:p></o:p></P></DIV>
<BLOCKQUOTE=20
style=3D"BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: =
medium none; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; MARGIN: 5pt 0in 5pt =
3.75pt; BORDER-LEFT: black 1.5pt solid; PADDING-TOP: 0in; BORDER-BOTTOM: =
medium none">
<DIV>
<P class=3DMsoNormal style=3D"MARGIN-LEFT: 0.5in"><FONT face=3DArial =
size=3D2><SPAN=20
style=3D"FONT-SIZE: 10pt; FONT-FAMILY: Arial">----- Original Message =
- -----=20
<o:p></o:p></SPAN></FONT></P></DIV>
<DIV style=3D"font-color: black">
<P class=3DMsoNormal style=3D"BACKGROUND: #e4e4e4; MARGIN-LEFT: =
0.5in"><B><FONT=20
face=3DArial size=3D2><SPAN=20
style=3D"FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: =
Arial">From:</SPAN></FONT></B><FONT=20
face=3DArial size=3D2><SPAN style=3D"FONT-SIZE: 10pt; FONT-FAMILY: =
Arial"> <A=20
title=3DJHend746@cox.net href=3D"mailto:JHend746@cox.net">Jeff =
Henderson</A>=20
<o:p></o:p></SPAN></FONT></P></DIV>
<DIV>
<P class=3DMsoNormal style=3D"MARGIN-LEFT: 0.5in"><B><FONT =
face=3DArial=20
size=3D2><SPAN=20
style=3D"FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: =
Arial">To:</SPAN></FONT></B><FONT=20
face=3DArial size=3D2><SPAN style=3D"FONT-SIZE: 10pt; FONT-FAMILY: =
Arial"> <A=20
title=3Dcanslim@lists.xmission.com=20
href=3D"mailto:canslim@lists.xmission.com">Canslim</A>=20
<o:p></o:p></SPAN></FONT></P></DIV>
<DIV>
<P class=3DMsoNormal style=3D"MARGIN-LEFT: 0.5in"><B><FONT =
face=3DArial=20
size=3D2><SPAN=20
style=3D"FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: =
Arial">Sent:</SPAN></FONT></B><FONT=20
face=3DArial size=3D2><SPAN style=3D"FONT-SIZE: 10pt; FONT-FAMILY: =
Arial">=20
</SPAN></FONT><st1:date Year=3D"2003" Day=3D"6" Month=3D"8"><FONT =
face=3DArial=20
size=3D2><SPAN style=3D"FONT-SIZE: 10pt; FONT-FAMILY: =
Arial">Wednesday, August=20
06, 2003</SPAN></FONT></st1:date><FONT face=3DArial size=3D2><SPAN=20
style=3D"FONT-SIZE: 10pt; FONT-FAMILY: Arial"> =
</SPAN></FONT><st1:time=20
Minute=3D"57" Hour=3D"11"><FONT face=3DArial size=3D2><SPAN=20
style=3D"FONT-SIZE: 10pt; FONT-FAMILY: Arial">11:57=20
AM</SPAN></FONT></st1:time><FONT face=3DArial size=3D2><SPAN=20
style=3D"FONT-SIZE: 10pt; FONT-FAMILY: =
Arial"><o:p></o:p></SPAN></FONT></P></DIV>
<DIV>
<P class=3DMsoNormal style=3D"MARGIN-LEFT: 0.5in"><B><FONT =
face=3DArial=20
size=3D2><SPAN=20
style=3D"FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: =
Arial">Subject:</SPAN></FONT></B><FONT=20
face=3DArial size=3D2><SPAN style=3D"FONT-SIZE: 10pt; FONT-FAMILY: =
Arial">=20
[CANSLIM] stock software<o:p></o:p></SPAN></FONT></P></DIV>
<DIV>
<P class=3DMsoNormal style=3D"MARGIN-LEFT: 0.5in"><FONT =
face=3D"Times New Roman"=20
size=3D3><SPAN=20
style=3D"FONT-SIZE: 12pt"><o:p> </o:p></SPAN></FONT></P></DIV>
<P class=3DMsoNormal style=3D"MARGIN-LEFT: 0.5in"><FONT face=3DArial =
size=3D2><SPAN=20
style=3D"FONT-SIZE: 10pt; FONT-FAMILY: Arial">Does anybody have any=20
recommendations for stock software?<SPAN style=3D"mso-spacerun: =
yes"> =20
</SPAN>I=92m looking for getting the most for my $ plus I=92m a =
college student=20
so, I really don=92t have to much money to spend (<$100).<SPAN=20
style=3D"mso-spacerun: yes"> </SPAN>Sorry if I=92m asking too =
many=20
questions but it=92s my first day and I just got finished reading 3 =
stock=20
books and I=92m getting anxious about =
trading.<o:p></o:p></SPAN></FONT></P>
<P class=3DMsoNormal style=3D"MARGIN-LEFT: 0.5in"><FONT face=3DArial =
size=3D2><SPAN=20
style=3D"FONT-SIZE: 10pt; FONT-FAMILY: =
Arial"><o:p> </o:p></SPAN></FONT></P>
<P class=3DMsoNormal style=3D"MARGIN-LEFT: 0.5in"><FONT face=3DArial =
size=3D2><SPAN=20
style=3D"FONT-SIZE: 10pt; FONT-FAMILY: =
Arial">Thanks,<o:p></o:p></SPAN></FONT></P>
<P class=3DMsoNormal style=3D"MARGIN-LEFT: 0.5in"><FONT face=3DArial =
size=3D2><SPAN=20
style=3D"FONT-SIZE: 10pt; FONT-FAMILY: Arial">Jeff=20
=
H.<o:p></o:p></SPAN></FONT></P></BLOCKQUOTE></DIV></BLOCKQUOTE></BODY></H=
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