V.15:13 (601-602): Quick Scans: Trading Without Fear by Bruce Faber

V.15:13 (601-602): Quick Scans: Trading Without Fear  by Bruce Faber
Item# \V15\C13\Q601.PDF
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Trading Without Fear, Eliminating Emotional Decisions with Arms Trading Strategies (Richard W. Arms Jr.) by Bruce Faber

Technician Richard Arms is of the mind that although the price of a security may tell us whatís happening with that security, itís the trading volume that tells us how itís happening. Arms has devoted much of his career to finding ways of including volume in the visual depiction of a securityís movement on the charts of the technical analyst.

Armsís first major contribution to technical analysis was the nowĖwidely used Arms index, sometimes referred to as the short-term trading index (TRIN). Whichever name it goes by, today it can usually be found on the tickers that run across the bottom of financial television broadcasts or around the walls of the Wall Street caverns.




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