Hi christo64,

CAUTION: DO NOT ATTEMPT TO TRADE THE THINLY TRADED JUNIORS WITH THESE METHODS.

I saw that book mentioned on his site but the technical analysis that he shares with the CIGA's is based on trend lines and power trend lines.

He often says "if you must trade" because most of his readership would do better to buy and hold as they do not have the years of "tape reading" experience that is also necessary for these methods to work properly.

He produced a CD in September 2003 which describes a simple but effective trading method based on the trend lines mentioned above.

He also alludes to "french curves" from time to time on his site. They can be a powerful tool for assessing exit points in a market. French curves are base on mathematical formulas which often mimic the building excitement leading to a blow-off top. If you find the correct curve and get about 4 or 5 low points on the chart to fit the curve as the price extends and rises, you can with some degree of accuracy estimate what the future move will look like. Not because of voodoo but because human sentiment is quite predictable en mass and tends to follow a mathematically determined curvelinear projection. When the low line drawn by the curve on the stock chart is broken it is time to sell. Because the curve generates a continually rising line, the sell point at exit is much closer to the top than you would at first imagine. It is particularly good at exiting blow-off tops.

For me, it is all just too much work. Also I lack discipline and sometimes fail to cut my losers when I should so I switched from trading to investing.

P.