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    Tom Williams, "The Undeclared Secrets That Drive the Stock Market"

    Posted By: TimMa
    Tom Williams, "The Undeclared Secrets That Drive the Stock Market"

    Tom Williams, "The Undeclared Secrets That Drive the Stock Market"
    Publisher: Genie Software Ltd. | 2000 | ISBN: 0952346508 | English | PDF | 126 pages | 22.76 Mb

    This is by far the most worthwhile book regarding trading the markets.
    This book will help you under the stock market the easy way. The information will be a starting revelation to most readers.

    Newspapers, magazines and television newscasters will always appear to give authoritative statements on the latest stock market move, however, you can never be told the real truth.

    Most traders give a little or no attention to how the stock market actually works because they believe they already know how it works. The stock market is simple, it works on supply and demand like any other free market place, if there is more selling than buying then the market must go down. In principle this is correct, however in practice it does not work exactly the way it sounds that it should be working and one may fail to notice the unseen forces that drive the stock market.

    This book not only explains to the reader why moves occur but also how to recognize the underlying forces at work in the stock market.

    You will also soon see how you can select individual stocks for trading with limited information. Fundamental analysis, price/earnings ration, advice from your broker, buy or sell recommendations from newspapers and magazines, is the traditional approach, however there is a far better way to pick the right stocks while leaving the poor ones alone.

    Tom Williams, the author has been energetically applying this analytical studies for the last 30 years to the stock and futures markets. His professional experience gained a great impetus several years ago when reading what Richard D Wyckoff had to say on the subject of volume reading in the early thirties.

    Combining what Wyckoff had to say about volume with his 12-plus years in Beverly Hills, California working with a trading syndicate (off the floor traders of the stocks and shared trading their own accounts and others), this far reaching book is the result. The reader should benefit immensely (this is, do well in their investing) from the new and creative computer and no-computerised market timing indicators and thinking that Tom opens up for them.
    Introduction

    Random Walks And Other Misconceptions

    Chapter One

    A Market Overview
    The Market Professionals
    Supply and Demand
    How to Read the Stock Market
    How to Tell if the Market is Strong or Weak
    A Simple Example - End of a Rising Market
    An Exception to the Low Volume Rule
    VOLUME - The Key to the Truth
    Testing Supply
    Pushing Up Through Supply
    High Volume On Market Tops
    Effort versus Result
    What actually stop a down move and how will I recognise it?
    The 'Shake-Out'
    Chapter Two

    Refinements in Volume Spread Analysis
    Volume Surges in Related Markets
    Different Time Frames
    Manipulation of the Markets
    Chapter Three

    Trends and Trend Lines
    An Introduction to Trends
    Constructing Trend Lines
    Bottoms and Tops
    Trend Scaling
    Why do Trend Lines Appear to Work?
    Perceived Value
    Trend Clusters
    Using Trend Clusters
    Support and Resistance - and Volume near a Trend Line
    Pushing up Through a Trend Line
    No Effort Down
    Chapter Four

    The Anatomy of a Bull or Bear Market
    Any Market Moves on Supply and Demand
    A Campaign
    The Selling Climax
    The Buying Climax
    From Bear to Bull Markets
    Bear Markets
    Falling Pressure
    Chapter Five

    "I Want To Become A Full Time Trader"
    What is a System?

    Trading Hints and Tips
    Listen to the News by All Means but…
    Do not Fix Future Price Targets in Your Mind
    Always have a Plan
    Always Plan what you will do if you are Wrong
    Timing
    Be your own Boss, Do not Reply on Other People
    Concentration
    Trading the Old Account Period
    Traders Frequently Get 'Locked into or out of a Market'
    How will I Recognise Signs of Strength?
    What are the Main Signs of Weakness?
    Summary - Up-thrusts
    It is Useful to have a Check List
    How will I start to Recognise the Likely End to a Rally?
    Narrow Spread, High Volume, on an Up-Day/bar
    What is an Up-thrust?
    The Path of Least Resistance
    HOW TO SELECT A STOCK the easy way
    Point and Figure Charts
    The VSA 8 Program

    GLOSSARY

    INDEX

    Tom Williams, "The Undeclared Secrets That Drive the Stock Market"


    Tom Williams, "The Undeclared Secrets That Drive the Stock Market"