Recent content by bludmonkey

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    "How I trade and invest in stocks and bonds" by R.D. Wyckoff

    Folks, I just read this book and I have to admit, it was a bit disappointing. I thought when I bought it, he would take us through some of the steps he used to pick the stocks he bought. Instead what you get is the same ole same ole even if he did say it first. What did he say? 1. Learn...
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    trivial stock splits

    Could someone please explain to me the principle benefit of a 100 for 95 stock split. I know a 2 for 1 or 3 for 1 might allow for wider participation in the stock, but is 5% going to excite the passions of the investing public?
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    Price, (Volume), Support, Resistance, Demand, Supply . . .

    fw, your rectangles look like higher highs and higher lows to me and a higher low on less volume means selling is exhausted when it comes right after a downtrend. Also the low of the second rectangle stops at the high of the previous rally which I believe is a sign of strength. I suppose a...
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    Does anyone still read?

    I've noticed "The dog that didn't bark" is used by Elder and others as an analogy in trading He claims it was is "The hound of the baskervilles", but I read that book years ago and I don't remember any such hound. Having said that I watched a Rathbone/bruce flick the other day based on the...
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    Does anyone do CANSLIM by-the-book?

    One small thing , I figured i'd post here. if your focusing on the strongest sectors, and the big dogs have left the building so to speak, you might scroll down through the rest of the stocks in the sector. Sometimes there is a stock in a fairly long consolidation period which tends to put a...
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