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Re: pugdog post# 7

Sunday, 08/21/2005 9:40:47 PM

Sunday, August 21, 2005 9:40:47 PM

Post# of 31
well, the magic box is that "single vehicle." you want indicators that represent different aspects of a stock's movement. as i stated before, if you have several indicators that more or less represent the same thing, their importance is diluted when they appear to confirm together.

all that a magic box is is a group of indicators that work well together. if you go onto other stock boards, you will likely find other systems that work well and many other systems that don't. i don't know about those. what i do know is that the magic box works and works very well.

as far as an indicator being a result of a psychological event, all price movement is a result of a psychological event. when you place an order to buy or sell shares, the order is placed due to a psychological event: the one between your ears. what technical analysis does is synthesize all of those personal psychologial events from the other investors into one digestible graphical and algebraic representation of the psychological event as a whole. now, you can go through the websites that define what the aroon, williams, candles, and other indicators are. it is far easier for you to learn what they mean that way than for me to tell you what they mean or represent.

this is only the second day of my telling you about the magic box. there's plenty more time for you to study -- if you choose. go at your own pace. i went very fast at the beginning because i was thrilled by it... and i saw immediate substantial results. i can show you some of the first charts that i posted. they were good ones that yielded solid returns, for the most part. there are a couple other key indicators i want to tell you about, though. in due time.

goosemeister@hotmail.com

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