October 2005 Letters To The Editor

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The editors of S&C invite readers to submit their opinions and information on subjects relating to technical analysis and this magazine. This column is our means of communication with our readers. Is there something you would like to know more (or less) about? Tell us about it. Without a source of new ideas and subjects coming from our readers, this magazine would not exist.

Address your correspondence to: Editor, STOCKS & COMMODITIES, 4757 California Ave. SW, Seattle, WA 98116-4499, or E-mail to editor@traders.com. All letters become the property of Technical Analysis, Inc. Letter-writers must include their full name and address for verification. Letters may be edited for length or clarity. The opinions expressed in this column do not necessarily represent those of the magazine. -Editor


FINDING GUJRAL

Editor,

I read your magazine every month, cover to cover, and always find articles of interest. I have been devouring everything I can find on becoming a better trader for the last couple of years.

Ashwani Gujral's book, How To Make Money Trading Derivatives: An Insider's Guide, interested me when I read your interview with him in the March 2005 STOCKS & COMMODITIES ("Trading Divergences With Ashwani Gujral" by Jayanthi Gopalakrishnan). I went to Gujral's website but couldn't find any mention of the book at all, not even in the site's bookstore. I also tried to fill out the "Contact us" info but struck out again. Do you know where I can get more information on the book and purchase it?

Gary Galvin
via email

You can order the book either by going to https://store.indiatimes.com/ and searching under the books section, or order it from the publisher, Vision Books, Inc., at www.visionbooksindia.com/default.asp. It's also available from https://shopping.rediff.com.-Editor


DOGS OF THE DOW

Editor,

After reading about the Dow's dogs in David Penn's excellent article ["The Littlest Dogs Of The Dow," May 2005], I became curious. Have you or anyone you know of analyzed what kind of return you might get if you were to do a "dogs"-type methodology of the Standard & Poor's 100 and hold perhaps 10 or 20 of the stocks that meet the "dogs" criteria? I'm guessing that you might get a somewhat lower return but perhaps with less variance.

Helmut Cook
via email

Technical Writer David Penn replies:

I think you've got an interesting idea there. Without having done any research, I think I'd agree with your conclusion that moderately lower returns with less variance would be the most likely result.

A screen that selected the "Little Dogs of the S&P 100"- those stocks with the lowest price and highest yield-would be especially interesting. It would also cut down on the total number of stocks selected. Thanks for writing - and for reading STOCKS & COMMODITIES!


FUTURES & OPTIONS TRAINING

Editor,

I am looking for a training course in futures and options, and am specifically keen on physical classes and short courses (a few weeks), in any part of the world. Can you please advise on any such courses or institutes offering these courses?

Name withheld
via email

There are several places that offer these types of courses. We don't make any recommendations, but you can go through our Traders' Resource section on our website, Traders.com, and look through the "Courses and seminars" section.-Editor


REVIEW REQUEST

Editor,

I recently read an interview with a trader who wrote his own trading platform called TymoraPro. It was quite interesting and the product seems to have features I haven't seen in other platforms. I was wondering if there were possibly any reviews of this platform planned for STOCKS & COMMODITIES, as I haven't seen it written about and I'd be interested in reading what you think about it. The interview is currently at www.tradingmarkets.com ["Alexander Paul Morris: What's Working Now In Day Trading" by Dave Goodboy]. Thanks and keep up the great work with the magazine!

Rob Matrix
via email

Thank you for your suggestion. We shall certainly consider it.-Editor


OPTIONS SOFTWARE

Editor,

In the August 2005 Letters to S&C column, there was a question from Les Orr looking for inexpensive option software. In the same issue, there was an article from Roger Ison ("Persistent Option Volatility"). His OptionLab Strategist may be just the answer to Orr's question. Has David Penn had a chance to look to Option Lab Strategist?

Loek Klomp
via email

Technical Writer David Penn replies:

Thank you for writing. No, I have not yet had the opportunity to review Option Lab Strategist. Option software I have reviewed for the magazine includes Option Evaluator (October 2002), Option Star (February 2002), Option Book 2.0 (January 2002), and Options Investigator (June 2003).


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