Tech Anal Stk Opt

Author: William F. Eng
List Price: $60.00
Our Price: Click to see the latest and low price
ISBN: 1557380031
Publisher: McGraw-Hill Trade (01 May, 1988)
Sales Rank: 141,778
Average Customer Rating: 3.2 out of 5

Customer Reviews

Rating: 3 out of 5
nice introduction to a few indicators
This book covers a few of the more popular indicators in some detail, and as such I think it's a helpful book. Some of the more encyclopedic volumes, like Marty Pring's, can be overwhelming. This is not a bad place to start learning about technical analysis, or to review some basics.


Rating: 2 out of 5
Badly Needs Updating
As and introduction to technical analysis techniques and their application, this book is satisfactory. Unfortunately, it was written pre-internet and pre-laser printer (mid/late 80's). The example charts are a bit ragged - they look like they were printed on an old dot matrix printer - and they aren't especially clear. And much of the book is dedicated to step-by-step proceedures for doing the calculations - not terribly useful information when all this analysis is now available for free via the internet.

Given the price, I would recommend more recent books by Martin Pring or the updated classic by John Murphy. The practice of technical analysis has changed dramatically since Eng authored his book.


Rating: 1 out of 5
Too many technical errors!
I read this book a couple years ago. On my first pass, I really enjoyed reading the book. The material seemed to be well presented. I'm a programmer and I needed a volume indicator for my charting application, and OBV was the way to go. I began writing the algorithms to add an OBV indicator to my application, and that's when I began noticing them. ERRORS. In the heart of the technical discussion of OBV, dozens of discrepancies and vague sentences that made it near impossible to generate accurate algorithms. It's a good thing I had other resources at my disposal. I contacted the author to get clarifications and I received a form letter. That was a lot of help. I was also sent a catalog, and encouraged to purchase high dollar training courses. Right! That book remains on my shelf, unused. There are many other sources, that are much more reliable, that don't require an author's intervention to clarify details! Personally, I wouldn't purchase another book by this author. At one time, he may have had a passion for trading and teaching, but it is no longer evident.

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