Rating: 
Summary: 1/4 Support and Resistence, 3/4 technical indicators
Review: A securities price represents the fair market value as agreed between buyers (bulls) and sellers (bears)Changes in price are the result of changes in investor expectations Support levels occur when there is consensus the price will not move lower Resistence levels occur when there is consensus the price will not move higher The penetration of a support or resistence level indicate an change in investor expectation Volume is useful in determining how strong the change in investor expectations Traders remorse often follows the peneration of support or resistence levels Don't compound your losses by averaging down Anytime you own a security, ask yourself if you would buy it today Wise investments use logical approaches that minimize risks and maximize opportunities Master the basics of supply and demand. Absolute Breath Index: Shows activity, volatility, and change on the NYSE Accumulation/Distribution: Associates changes in price and volume Average True Range: Measure of volatility. ATR values often occur at market bottoms following a panic sell off. Bollinger Bands: Similar to moving average envelopes, upper limit is equal to the mean plus the standard deviation, lower limit is equal to the mean minus the standard deviation Breadth Thrust: A breadth thrust occurs when during a 10-day period, the breadth thrust indicator rises from 40 percent to 61.5 percent. A thrust indicates that the stock has rapidly changed from an oversold condition to one of strength. Chalkin Oscillator: The chalkin oscillator is an excellent tool for generating buy and sell signals when its action is compared to price movement. CO fails to reach a new high and reverses direction indicating a buy or sell. Look for divergence between the indicator and the price action. If price trends higher and the indicator lower then a reversal my be imminent. Commodity Channel Index: CCI measures variation of a securities price. High values show the prices are unusually high compared to the average prices. Divergence occurs when security prices are making new highs while CCI is failing to surpass its previous highs. Commodity Selection Index: A high CSI rating indicates that the commodity has strong trending and volatility characteristics. Trade commodities with high CSI values. Cumulative Volume Index: CVI shows if money is flowing into or out of the stock market. Demand Index: DI combines price and volume in such a way that it is often a leading indicator of price change. DI divergence with price indicates price weakness, DI extreme peaks indicate price rally, tops occur with higher prices and lower DI values, DI penetrating zero indicates change in trend, when DI stays near the zero for any length of time - a weak price movement will not last, large long term divergence between price and demand indicate a major top or bottom Directional Movement: 14 day cycle, Buy when the DM+ rises above the DM-, Sell when DM+ falls below the DM- Ease of Movement: High ease of movement occurs when prices are moving upward on light volume. If heavy volume is required to move prices then the indicator will be near zero. Fibonaci: A sequence of numbers in which each successive number is the sum of the previous two numbers added together. Fundamental Analysis: Profitability (net), Price (P/E), Liquidity (Current ratio), Leverage (Debt Ratio), and Efficiency (Inventory Ratio)
Rating: 
Summary: Missing the "good stuff"
Review: Although this book is complete in its listing and description of MANY market indicators, it has only done what anyone can do, regardless of their technical expertise. What it does NOT do is explain how to use technical indicators in conjuction with each other to reach real decision-making success. Frankly, I have yet to find a book that does this. I think the writers are really missing the boat, or they just don't have the Know-how to pull this valuable feat off.
Rating:
Summary: Missing the "good stuff"
Review: Although this book is complete in its listing and description of MANY market indicators, it has only done what anyone can do, regardless of their technical expertise. What it does NOT do is explain how to use technical indicators in conjuction with each other to reach real decision-making success. Frankly, I have yet to find a book that does this. I think the writers are really missing the boat, or they just don't have the Know-how to pull this valuable feat off.
Rating:
Summary: Excellent value
Review: Concerns the SECOND edition of this book: this book is excellent value for a number of reasons. It covers a lot of indicators, it is not too expensive and it is written clearly and easy to understand. I keep coming back to this book time after time, mainly for reference. One thing though: if you do not own the A-to-Z Companion spreadsheet (which must be purchased seperately) a lot of math is obscure or difficult to understand. I would have given it 5 stars if a CD-rom was attached to it whith the spreadsheet.
Rating: 
Summary: The Quintessential Reference Book
Review: Ever wonder what all those proper names and strange looking acronyms mean when you look at the choices of technical indicators available on most web sites today?
Steven B. Achelis, founder of EQUIS and creator of MetaStock has compiled the quintessential reference book for technical analysis covering practically every indicator known to mankind. But if there is one thing to imprint onto your brain from this book, it is contained in pages covering the subject "Support and Resistance." In all my years of floor trading, I have never seen anything more valid in price trend analysis than this horizontal (support) line connecting previous tops which once surmounted becomes the floor for the next move up. Achelis calls the pullback after breakout "trader's remorse" and it is the ideal place to buy into a strong stock in a strong industry. His several graphs depicting this pattern couldn't be more precise. The pictures are worth a thousand words. Armed with only this bit of technical knowledge, an investor would improve the odds of profitability many times over by merely subjecting every potential purchase to this test pattern. I take it that because Achelis spent about 5 times as much material on this one concept as he did the other indicators, he agrees that this is truly one of the most important theories in technical analysis.
The rest of the book is devoted to short descriptions of what various indicators mean, how they area calculated, and how they are used. This is especially useful when subscribing to any of the numerous web sites that now carry dozens of indicators. Keep the book close to the computer to have it as a ready reference. I doubt if you will find more detailed information in any other source.
Rating:
Summary: Great
Review: I found this to be a very well researched collection of indicators, various trading techniques and explanations. If there a single handbook to cover just about everything (if only briefly) , this would be it.
Rating:
Summary: There is nothing like this book
Review: I own a lot of books on investing and technical analysis and can say there is nothing like this new edition from Mr. Achelis. Yes, the discussions on each indicator are brief (2 to 4 pages), but there are something like 130 indicators! And unlike the first edition (which I recall reading that it had sold almost 100,000 copies), the new edition shows the MATH behind almost all the indicators (no other book I've seen covers the calculations on so many indicators). Even if you own the first edition, this is worth the money.
Rating:
Summary: To read when you need to know something about an Indicator
Review: I would like to have the maths off all the major indicators (ex: Parabolic SAR). Besides that, a great book for someone, like me, that are a novice in the field.
Rating: 
Summary: Ok book
Review: I wouldnt recommend this book because I do not think it will improve your performance of trading stocks.
This book tells all the basic explanations of indicators (and how to apply.) Thank you NORI
Rating:
Summary: Good book... Depending on your needs.
Review: I write software to scan stocks based on technical indicators, and was looking for a book with the mathematical formulas all in one place. This book comes close, but in order to get some of the formulas, you have to buy the "companion spreadsheet". I bought the spreadsheet. Granted, the spreadsheet is very good and contains all of the formulas, but you should be aware of this if you are buying this book looking for formulas right in the book. In fact, if you already know what the indicators are and are just looking for formulas (like me), you could easily get by with *just* the companion spreadsheet and forego the book altogether. This is what I would've done if I had known. Go to atozbook.com for the spreadsheet.
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