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Lawson Digest

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Lawson Digest

Re: jhdf51 post# 380254

Thursday, 01/03/2013 1:20:58 PM

Thursday, January 03, 2013 1:20:58 PM

Post# of 728524
In technical analysis, "Painting a W" indicates a strong tendency for derived trends to display disproportionate indications of underlying patterned activity. It was first discovered by Japanese trader Ese Napaj in 1960 in his famous technical analysis book, "Stock Trend Redundancies in Stock Trends." It's still one of the best selling books today on market analysis.
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