[MalcolmSm1th]

Thanks for these two answers.

It would be good to compare notes, Malaguti, when we're done. For example I remember reading at which percentage a stop level should be placed but can I find it now? Never mind, on this trawl through I will come across it again.

I get the impression that initially Weinstein wrote his book about trading only and did all the charts with his 30 MA. Then somewhere along the line he decided that he had Investors as well. So the initial Traders became Investors and then the Investors were the new class with the new 10 MA.

The charts weren't re-drawn so we have the wrong moving average on them and whilst he shoehorned the new class in the book with new subtitles the proof-reading and editing wasn't up to much and I think that this is why we have the problems with understanding what's going on.

Anyway, that's my personal belief as to the cause of the confusion which we have in the book. Anyway, that's my belief and I could be the only one confused here.

I will push on with the book and highlighter from where I am and see what sort of document I can build. If I ever finish may I be permitted to share it on here?

- Malc