December 1997, Vol.15 No.12
 
19 The Investor Preference Index 
by Cyril V. Smith
This long-term stock market investment tool measures sentiment with the performance of the S&P 500 to the New York Stock Exchange. 

22 Calculating the investor preference Index

26 Trading Without Limits
by Adrienne Laris Toghraie
Self-discipline is the key to success in any field. 

32 New Tricks with the Dogs of the Dows 
by Mark Vakkur, M.D.
"The Dogs of the Dow," a strategy based on purchasing the highest-yielding stocks each year, is reviewed. 

44 Time and Options Probabilities 
by John Sarkett
Here are the formulas for traders who want to use options to hedge their long positions.

50 The Fundamentals of Technical Analysis: Andrew Lo 
by Thom Hartle
Andrew Lo of MIT is a radical academic because of his frank and open interest in technical analysis.

68 Identifying Trends with Volume Analysis 
by Stephen J. Klinger, C.M.T.
Here's a new twist on volume analysis, with a volume-based indicator for identifying meaningful trends.

71 Calculating the KVO 

 

77 The Stochastic Oscillator
by Joe Luisi
Here are some techniques for using this classic indicator. 

79 Calculating the stochastic indicator

85 High Volatility and Market Turns
by William Brower
Does an increase in volatility indicate a market top? Here are some insights. 

85 Volatility%

93 Reverse Divergences and Momentum
by Martin J. Pring
Is there a message when the price diverges from the indicator? 

101 New Dimensions in Market Charts
by Salvatore Chiappone
Bar charts have evolved. Here's how. 



Resampling Stats, page 76 
SirTrade 97, v. 1.10c, page 82 
Performance Summary Plus/Portfolio Evaluator, v. 2.1, revision 86, page 89 

Opening Position 
Letters to S&C 
Futures Liquidity 
Traders' Tips 
Traders' Glossary
Trade News & Products
Advertisers' Index 
Editorial Resource Index Resources Online 
Classified Advertising
Novice Traders' Notebook 


Cover Art: Bella Downs
Cover Concept: Christine Morrison