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Re: Tape Reading



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Is this the same Gary Smith that wrote "How I Trade for a Living"?
Lionel Issen
lissen@xxxxxxxxxxxxxx
----- Original Message -----
From: "Frans Derksen" <fjderksen@xxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Sent: Wednesday, May 30, 2001 9:32 AM
Subject: Re: Tape Reading


>
> And don't forget Gary Smith with his book Live the Dream by Profitably
> Daytrading Stockfutures (Sacramento, CA, Advanced Trading Seminars Inc,
> 1995) available through Reality Based Trading, Sacramento Ca.
> As far as I remember the guy did not even own a computer and showed a
great
> trackrecord from just watching the tape at CNBC.
>
> Rgds.
> Frans
>
> At 22:29 29-5-2001 -0500, you wrote:
> >Jim, you might want to contact Mark Cook at cookfax2@xxxxxxxx He spent
years
> >reading the tape.
> >
> >He has a website http://www.markdcook.com/
> >
> >Mark developed the Cook Cumulative TickT indicator and gained acclaim by
> >winning the 1992 U.S. Investment Championship with an astounding 563.8%
> >return. He has written numerous articles for industry publications
including
> >Futures magazine, Financial Trader and Barron's, and was featured in
Forbes
> >magazine (January, 1994
> >
> >Gene
> >*************************************************
> >
> >----- Original Message -----
> >From: Wooglin
> >To: tech-traders@xxxxxxxxxxxxxxx ; Quotes-Plus Yahoo ; List MetaStock
> >Sent: Monday, May 28, 2001 8:33 PM
> >Subject: Tape Reading
> >
> >
> >I am looking for source material on the old fashion art of tape reading.
As
> >I understand it, someone with a trained eye and a good memory could watch
> >the tape and see the accumulation (or distribution) of a stock followed
by a
> >price change in that direction.
> >
> >I am looking not only for explanation of the technique itself but also
the
> >trading tactics that go with it.
> >
> >Thanks,
> >
> >Jim Barone
> >
> >