This book is really good since it takes a subject (A Stocks Float) and explains its` important role, and gives the reader a little more education on buying and selling power in the markets and this may be a brilliant new concept.
A stock's float is the total number of shares available to the public for trading. When this total number of shares gets traded in the market (whether over a week, a month, or a year), you have a "float turnover". This book argues that float turnovers are closely correlated with significant price moves. It's a simple and clear idea, made all the more persuasive by the fact that there's a common-sense explanation for it: a float turnover represents an complete change of ownership in who holds the stock; so if, for example, the new owners are significantly more bullish than the previous owners, they will be more reluctant to sell, and the price will rise.
Mr. Woods makes a good case that the float is a relevant piece of information, and I don't doubt that many traders will be grateful to him for bringing this to their attention.
Float Analysis explains how to use the Woods Cumulative Volume Float Indicator, the landmark concept in technical analysis that teaches the reader how to accurately determine when to purchase stocks. This groundbreaking book also contains all-new insights on how to understand and profit from these indicators, how support and resistance are redefined by this innovation, and how to implement these strategies into a high-growth portfolio.
New technology and the advent of around the clock trading have opened the floodgates to both foreign and domestic markets. Traders need the wisdom of industry veterans and the vision of innovators in today's volatile financial marketplace. The Wiley Trading series features books by traders who have survived the market's ever changing temperament and have prospered-some by reinventing systems, others by getting back to basics. Whether a novice trader, professional or somewhere in-between, these books will provide the advice and strategies needed to prosper today and well into the future.
In
Float Analysis: Powerful Technical Indicators Using Price and Volume, active trader Steve Woods introduces you to a powerful new technical analysis tool-his own Woods Cumulative-Volume Float Indicator-that will revolutionize the way you trade. Pushing the boundaries of technical analysis, Woods combines price and volume charts with the knowledge of available shares in the market, or float, to create a strongly predictive indicator that can target winning stocks with incredible accuracy.
Through his studies of W. D. Gann and a variety of classic charting methods, Woods has discovered a powerful new way of reading price and volume charts. His method-the Woods Cumulative-Volume Float Indicator-analyzes past trading volume to determine a stock's future price direction. It also pinpoints exactly when a float turnover occurs that triggers buy and sell signals. By learning how to identify these patterns, you can begin to predict measurable tops and bottoms, thereby getting in and out of the market with precision timing and unparalleled profits.
Written in clear, precise language and supplemented with charts and real-world examples, F
loat Analysis explains every aspect of how and when to use the Woods Cumulative-Volume Float Indicator and details the underlying theory of float analysis behind it.
This comprehensive trading guide also covers:
* Ten breakthrough discoveries that will change the way you analyze stock charts
* Support and resistance redefined
* Successful trading strategies
* How to understand and profit from indicators
* How Gann Theory inspired float analysis
It's hard to find a trading book that charts out a completely new course for the serious trader, but in unveiling this landmark trading technique, Float Analysis has proven to be such a book. Now you can enjoy the benefits of this groundbreaking trading method by applying its winning techniques to your own portfolio. Follow the simple steps outlined in Float Analysis and you too can learn how to use the Woods Cumulative-Volume Float Indicator to make timely and profitable stock purchases.
Download:http://rapidshare.com/files/176566728/Float_Analysis_www.dl4all.com.PDF