Stocks & Commodities V. 26:5 (64-66): Product Review: Market Technician by Dennis D. Peterson

Stocks & Commodities V. 26:5 (64-66): Product Review: Market Technician by Dennis D. Peterson
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Product Description

Product Review: Market Technician by Dennis D. Peterson

Market Technician is a website for traders interested in market timing analysis. Since John Bollinger is the creator of this site, it is more than a safe bet that this is something unique and useful.

You basically choose an indicator, apply it to a time series and then see if it trades or predicts well for the same or different time series. For example, you could ask, “If I were to use a volume index based on the NYSE Composite, would it trade or predict the NYSE Composite or perhaps trade or predict the Standard & Poor’s 500 even better?” You can perform an analysis using 26 different time series, predominantly indexes, ranging from the familiar Dow Jones Industrial Average to the lesserknown AMEX Gold Bugs Index. A range of indicators are available such as the moving average convergence/divergence (MACD) or the volume index.

While you might argue that the variety of indexes is unique for a single website, the even more exciting feature of this site is the manner in which the indicators are evaluated.

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