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" Trading on expectations : "
Brendan Moynihan.
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BL
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| Record Number
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962788
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| Doc. No
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b717158
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| Main Entry
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Moynihan, Brendan.
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| Title & Author
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Trading on expectations : : strategies to pinpoint trading ranges, trends, and reversals /\ Brendan Moynihan.
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| Publication Statement
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New York :: J. Wiley,, 1997.
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| Series Statement
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Wiley finance edition.
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| Page. NO
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xv, 232 pages :: illustrations ;; 24 cm
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| ISBN
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0471177822
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: 9780471177821
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| Bibliographies/Indexes
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Includes bibliographical references (pages 223-227) and index.
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| Contents
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1. Economics -- 2. Psychology -- 3. Expectations -- 4. Sentiment -- 5. Markets -- 6. Market Activity -- 7. Long-Term Market Activity -- 8. Coherent Market Theory and the Sentiment-Activity Model -- 9. Application of the Sentiment-Activity Model -- 10. Treasury Bonds -- 11. Soybeans -- 12. Deutsche Mark -- 13. Crude Oil.
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| Abstract
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Trading on Expectations explores the ideas behind the dominant schools of analysis, and shows the validity of each and demonstrates how each, albeit at different times, reflects what the market is doing. In this groundbreaking new book, Brendan Moynihan draws on his experience as a trader, analyst, and researcher to develop a method that focuses on the prime mover of prices and incorporates the strengths of the conventional methods. Drawing on the participant-focused Chicago Board of Trade Market Profile and the psychologically focused Contrary Opinion, he synthesizes and modifies the best in these different methods and skillfully creates a single model of market behavior - the Sentiment-Activity Model. Moynihan carefully describes how the combination of participants' actions and expectations about the future determines the direction of prices in the markets. This dynamic interaction between actions and expectations explains the emergence of the dominant phases of the markets: price trends, trading ranges, and trend reversals. What's more, Moynihan's unique model enables you to pinpoint the combinations of activity and sentiment that determine the three states of the market as they unfold, in time frames ranging from a single day to several weeks or months. The Sentiment-Activity Model also provides a way to determine how the market is likely to respond to various news items, explaining the apparent anomalies of price behavior in the process. To document his finding, Moynihan provides illuminating applications over a multimonth time period to four markets: Treasury bonds, soybeans, deutsche marks, and crude oil.
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| Subject
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Investment analysis.
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Stock price forecasting.
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Stockholders-- Attitudes.
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Actionnaires.
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Actions de socitétés-- cours.
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Erwartung
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Investissements.
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Investment analysis.
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Stock price forecasting.
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Stockholders-- Attitudes.
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Theorie
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Markt.
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Beleggingen.
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Markt.
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| Dewey Classification
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332.63/22
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| LC Classification
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HG4637.M69 1997
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| NLM classification
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85.33bcl
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