| Below - Illustration from Chapter 6: A calibrated version of the Wilder RSI Indicator reached a sell signal level on Friday, November 05, 2010. |
 Summary of Recent Reports:No commentary available from weekend report. |
Table of Contents
Volume I: Classical Analysis:
Chapter 1:
An introductory chapter looks at the price history of PX by applying Classical Time Series Analysis. Some of the patterns seen here will prove to be important in further analysis. See PX Classical Analysis.
Chapter 2:
Understanding Price Volatility behaviour is essential to assessing the risk associated with positions across different time spans. See PX Volatility Risk.
Chapter 3:
This section shows historical volumes for sales of PX stock, along with Seasonal and Cyclical Trends in Volume. See PX Historical Volume.
Chapter 4:
A look at Traditional Seasonal Analysis of Praxair, Inc. Historical Prices identifies the best and worst months to be invested. See PX Calendar Year Trends.
Chapter 5:
Moving Averages of various flavours are popular indicators. Here we test the predictive ability of different averages as applied to prediction of Praxair, Inc. prices. See Average Indicators.
Volume II: Mid Level Technical Analysis:
Chapter 6:
Technical Oscillators are compared to test their power as buy or sell signals for speculating in PX stock. We conduct an extensive investigation of the popular "RSI" of Welles Wilder and some of its variations. See Technical Oscillators.
Chapter 7:
This chapter takes a view somewhat similar to standard analysis of seasonal trends, but it is based on the 4 year or 2 year Political Calendar rather than the 1 year Standard Calendar. Political Seasons work better than Calendar Seasons for predicting prices of many companies. See Politics and Prices of PX.
Chapter 8:
A sophisticated method associates price levels with historical volumes. Such semi-abstract concepts as Support and Resistance may then be defined with mathematical precision. See Volumetric Analysis.
Chapter 9:
Analysis of Market Momentum as the product of Price and Volume drives an interpretation considerably more sophisticated than those that consider Price Momentum alone. See Momentum Investing Indicators.
Chapter 10:
Technical Analysis discovers the range of moods of investors toward PX. See Market Sentiment.
Section 11:
This section visualizes mappings based on the number of consecutive price movements in a particular direction. A discussion of the "Monte Carlo Fallacy" and it's relevance to Stock Price Prediction leads to a revisionist method of Price Projection using the Bernoulli Analysis. See Bernoulli Run Analysis.
Chapter 12:
The traditional techniques of Candlestick Analysis may seem fanciful, but certain aspects are firmly grounded in the science of Investor Psychology. See Japanese Candlesticks.
Volume III: Advanced Price Behavior Visualization:
Chapter 13:
Multi-spectral analysis reveals behavioral features of PX prices that may not be apparent to ordinary analysis. See Support and Resistance.
Chapter 14:
Combining the historical behavior surfaces with the geometry of long standing periodic price oscillations yields a behavior surface of more than three dimensions which has an extremely low residual error compared to other methods of analysis. See Price Behavior Surfaces.
Chapter 15:
Frequency Analysis and Waveform Characterization are applied to the historical prices of Praxair, Inc. in this chapter. See Frequency and Waveform Analysis.
Chapter 16:
Forecasts are gathered from several sources to predict future price movements. See PX Price Predictions.
Volume IV: Final Results and Trading Strategy:
Chapter 17:
This chapter rates some "single company strategies" for Praxair, Inc. speculators. One of the most important aspects of a good money management strategy is the proper setting of stop loss orders. See Single Company Strategies.
Chapter 18:
The trading policies that work well when applied to speculation in any one companies stock may fall short when applied to the more usual situation where a person is speculating on a basket or portfolio of companies. Here we find the best muti-company portfolio trading policies. See PX Multi-Company Strategies .
Appendix A:
The statistical abstract for Praxair, Inc. gathers the most relevant analysis into a single chapter. See PX Final Results . |
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