THE TECHNICAL ANALYSIS COURSE

Version: Price: Hardcover:
1994

CONTENTS:
How to Take This Course

INTRODUCTION
LESS0N 1 The Philosophy of Technical Analysis
The Basic Principles
Technical Analysis Defined
Adaptability to Different Markets and Investment Time Horizons

CONSTRUCTING CHARTS
LESS0N 2 Basic Chart Construction
Types of Charts
The Bar Chart
Arithmetic versus Logarithmic Scale
Volume
Open Interest
Where to Find Data
Chart Services
Personal Computer Software

PROFITABLE CHART PATTERNS
LESS0N 3 Major Reversal Chart Patterns
Key Reversals
Head and Shoulders Tops and Bottoms
Rounding Tops and Bottoms (Saucers)
Ascending and Descending Triangles
Rectangles
Double and Triple Tops and Bottoms
Diamond
Rising and Falling Wedges
V Formations (Spikes)
LESS0N 4 Consolidation Formations
Flags
Pennants
Head and Shoulders Continuation Patterns
Symmetrical Triangle

LESS0N 5 Gaps
Frequency of Appearance
Insignificant Gaps
Significant Gaps
The Island Reversal
The Total Picture
A Wal1 Street Myth--Gaps Must Be Closed

KEY ANALYTICAL TOOLS
LESS0N 6 Trendlines and Channels
How Trendlines Are Drawn
Significance of a Trendline
Validity of Trendline Penetration
Trendline Role Reversal
Trend Channels
The Fan Principle
LESS0N 7 Support and Resistance
Support and Resistance Defined
Role Reversal
Trend Reversals
Percentage Retracements
Speed Resistance Lines
LESS0N 8 Using Moving Averages
Simple Moving Average
Weighted Moving Average
Exponential Moving Average
Multiple Moving Averages
Envelopes (Trading Bands)

LESS0N 9 Relative Strength Analysis
Industry Group versus a Market index
Individual Stock versus an Industry Group

LESS0N 10 Volume and Open Interest
Basic Rules of Volume
Blowoffs and selling climaxes
On-Balance Volume
Volume Reversal
Open Interest

ADVANCED ANALYSIS
LESS0N 11 Oscillators
Oscillator Interpretation
Types of Oscillators
Momentum Oscillators
LESS0N 12 Relative Strength Index
Conceptual Basis of the Relative Strength Index
How to Calculate the Relative Strength Index
Interpreting the Relative Strength Index
LESS0N 13 Stochastics
Calculation
Divergence Analysis
Extreme Readings
Reversal Warning Signal

ALTERNATIVE CHARTING METHODS
LESS0N 14 Point and Figure Charting
Point and Figure Charts versus Bar Charts
Constructing Point and Figure Charts
Chart Patterns
Trendlines
LESS0N 15 Japanese Candlestick Charting
Constructing Candlestick Lines
Key Bullish Reversal Patterns
Key Bearish Reversal Patterns
Key Continuation Patterns
Real Market Examples

OVERALL MARKET ANALYSIS
LESS0N 16 The Dow Theory
Basic Principles
The Dow Theory's Defects
LESS0N 17 Technical Market Indicators
Breadth Indicators
Advance/ Decline Indicators
Volume Indicators
New High/New Low lndicators
Sentiment Indicators
Monetary Indicators
Combining Indicators into a Model

PUTTING IT ALL TOGETHER
LESS0N 18 A Structured Approach to Technical Analysis
Stocks
Options
Commodities
Fina1 Thoughts

LESS0N 19 A Final Case Study
Overall Market Analysis
Industry Analysis
Individual Stock Analysis
Summary of Findings