Every technician and speculator is on the lookout for a magic sign that gives them the jump on everyone else: a simple, easily interpreted, and reliable red flag anticipating price turns easily and consistently. It doesn’t exist. But there is an indicator that adds a lot to your timing and comes close to the ideal in terms of strength and reliability....
Michael C. Thomsett has written more than 70 books on investment and financial topics, including The Options Trading Body of Knowledge, Options Trading for the Conservative Investor, Stock Profits: Getting to the Core, Winning with Options, The Leaps Strategist, and the best-selling Getting Started in Options. His Investment and Securities Dictionary was named Outstanding Academic Book by Choice magazine.