Recommended Reading

    last updated 12/31/2004

FastTrack utilizes technical analysis to evaluate mutual fund investment decisions. We have found the books and publications listed below to be valuable resources.

• Morningstar PrincipiaPro, Morningstar, Inc., 53 West Jackson Boulevard, Chicago, IL 60604. (1-800-878-5005). This is a directory of mutual funds and stocks that provides excellent coverage of fundamentals for most of the funds covered in FastTrack. The organization of Morningstar is similar to FastTrack's family organization. Publisher is Don Phillips.
• "The Visual Investor", John J. Murphy, John Wiley & Sons, 1996. This book's approach to technical analysis is markedly similar to FastTrack's. As often noted in commentary, John has inspired some good market comments and many of his techniques have been adopted for FastTrack use. This book includes FastTrack charts, but this has nothing to do with our recommendation to this fine, easy to understand book.
• "Intermarket Technical Analysis", John J. Murphy, Wiley Finance Editions, John Wiley & Sons, New York (1991).
• "New Concepts in Technical Trading Systems", J. Welles Wilder, Jr., Trend Research, Greensboro, NC, (1978). The original publication describing the RSI Index.
• "Technical Analysis Explained", Martin Pring, McGraw-Hill (1991). This book is highly complementary to FastTrack and strongly recommended for FastTrackers.
• "Trading for a Living", Dr. Alexander Elder, John Wiley & Sons, 1993. This book contains some great ideas which seem obvious but are often overlooked. The style is engaging. This is one of the few true technical analysis books that you could enjoy reading cover-to-cover in a single sitting.

Technical analysis books are available from many sources. One source we have had good luck with recently (January 1997) is:

Financial Trading Seminars 1-800-458-0939
P.O. Box 20555, Columbus Circle
New York, NY 10023