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What are your plans for 2010?
2-Day
Personal Training Course
Click here for Registration Form Enjoy Martin's hospitality and become part of the "Pring Team." This unique 2-day training is held right in Martin's home! Go one-on-one with him as he teaches you how to profit in any market, up or down. ** Maximum of 6 Attendees Only! ** The entire group came with great expectations and left with more than we bargained for. Your hospitality was very much appreciated, plenty of food, snacks and drinks, and I really benefitted from all the material covered each day. The group were friends before we came to Sarasota, but really I think our time with the Prings has elevated our friendships to a completely different level. The atmosphere you created for us to learn within was relaxed and friendly and that made the amount of detailed information easy to comprehend. - J. Larsen I very much enjoyed meeting you and Martin this past weekend. You are gracious hosts, and delightful company. Martin's discussions were precisely what I was hoping to experience. Indeed, I wish I could get to know Martin better on a consulting basis. I grasp material so much better with one-on-one dialogue than I do with reading comprehension (i.e. from books). I really enjoyed his approach! - B.E. Froling
How Long? Friday session runs 9:30 a.m. to 4:30 p.m., with breakfast beginning at 9:00 a.m. and Saturday from 9:30 a.m. to 3:00 p.m. with breakfast beginning at 9:00 a.m. Cost is $650.00 per day. Seminar cost includes: All handouts, breakfast, lunch, breaks, and beverages served both days, with a Saturday night dinner out with the Pring's! Questions? Please call 941-926-9664. Click here for nearby Hotels / Motels
This
seminar will equip the novice and intermediate investor/ trader with the
technical tools to more confidently and intelligently attack the
markets. It will begin with important technical concepts, such as price
patterns, momentum and relative strength and culminate by putting it all
together through asset allocation strategies using InterMarket
relationships and exchange
traded funds. Day
I will cover the subject of price patterns and will introduce new
material from Martin’s latest book – Price Patterns
Explained.
An explanation of basic momentum interpretation is also covered in Day
I. The
second day will cover the subject of momentum in greater depth,
including a primmer on Martin’s KST indicator. The day will also
include a session on how to select stocks drawing on the knowledge
picked up from the momentum sessions. It will also include an
explanation of the concept of relative strength and explain how the
industry group rotation develops around the business cycle. One and two
bar price patterns are also covered in the second day. Martin
is a great believer in the behavioral aspects of markets and will go to
great lengths to explain how psychology is reflected in chart pattern
construction and momentum indicators. For only when traders and
investors can understand the psychological rationale for technical
concepts can they correctly interpret and apply them. Each
day will end with an interactive workshop in which participants will be
provided with case studies, which will be actively discussed. Most
previous attendees agree that this is the best and most useful part of
the day when they are in the driver’s seat. Further
study of the material covered in the seminar can be achieved though a
complete library of Pring books book/cd combinations DVD’s or
Videos, all of which will be available at a special discount at the
seminar.
Day
One I
Basic Technical Principles This
opening presentation will explain some basic technical concepts, such as
what technical analysis is, what you should and should not expect from
it. Subjects subsequently covered include bar charts, line charts
candlesticks, the significance of logarithmic vs. arithmetic charts,
support and resistance.
The discussion will expand to include trend identification techniques
such as peak and trough analysis, trendline
construction
and the significance of moving averages,
their strengths and limitations. Volume is also a key ingredient, so its
interpretation will also be covered. Recommended
Reference Material Introduction to Technical Analysis II Classic Price Patterns This
presentation will use the rectangle as a case study for setting out the
principles for interpreting all price patterns. The discussion will then
expand to include, head and shoulders, double bottoms and tops,
broadening formations triangles and cup and handle formations.
New twists on old patterns
such as the Chinese double bottom and the “double rotten” pattern
will wrap up this innovative session. Recommended
Reference Material Technical
Analysis Explained III
How to Interpret Momentum Indicators Momentum
is a generic term that embraces all oscillators. This session will
outline key interpretive principles that apply to them all. It
will also prove that sentiment and momentum are closely related.
Martin will show you that if sentiment indicators are not available, as
in the case of individual stocks for example, how the correct use of
momentum can be substituted in its place. The presentation will also
explain why it is important, even for swing traders to know
the direction of the main trend, and how short-term momentum
indicators can be used to identify primary trend reversals at an early
stage. Included will be unique concepts developed by Pring such
as advanced breakdowns and breakouts, extreme swings, mega overboughts
and oversolds. Recommended
Reference Material Martin
Pring on Market Momentum Vol
I book/CD combo Case
Studies The
group will be split into teams and given a case study consisting of
several charts with indicators. Since
emotional bias affects all traders and investors the charts are unnamed.
During the coffee break each team analyses its specific case study and
elects one member to present to the class its findings. Others are free
to support or critique the presentation.
Finally, Martin throws in his ideas and reveals the subsequent
price action, which is often dramatic. Historically
these sessions have been well received not only as a learning tool but
as an “ice breaker” for the group as a whole. Day
Two I
One- and Two-Bar Patterns One
and two bar patterns indicate dramatic short-term changes in psychology
and therefore price trends. In
many respects they are similar to candlesticks but there are some
important differences which will be explained. They certainly offer
signals close to turning points and allow the realistic close placement
of stops which limits risk. Patterns
covered will include, outside bars, inside bars, gaps, two and
three bar reversals, Pinocchio, key reversal and exhaustion bars.
These patterns only have short-term significance, but when they appear
in the charts with the right conjugation of indicators they often
develop at major turning points. Martin will explain how to recognize
such juncture points. Recommended
Reference Material Martin
Pring on Price Patterns book/DVD combination II
Applying Momentum Principles with Specific Indicators This
session will draw on the interpretive techniques outlined in the
momentum presentation from Day using actual market place examples.
Indicators to be covered include the RSI, CMO, MACD, trend deviation
oscillators with a generous portion being allocated to Pring’s own KST*
indicator. He will also outline a strategy that shows how oscillators
can be used in conjunction with trend following indicators to earn more
profits, regardless of whether there is a trading range or trending
environment. The integration of price and volume momentum will
complete this comprehensive tutorial Recommended
Reference Material Martin
Pring on Market Momentum Vol I Book/CD combo . III
Using InterMarket and Technical Analysis to Select ETFs and Stocks
One
of the key tools used in stock and sector selection is relative
strength analysis. In this down to earth practical presentation
Martin will explain the concept of relative strength as applied to the
"top down approach". He will also cover such topics as equities
and the business cycle, group rotation, isolating the early
cycle from the late cycle leaders. He will back up this theory with evidence
showing how you can recognize that part of the cycle when specific
sectors over or underperform the market. We believe this information
alone will be worth the price of the seminar. The tutorial will be
rounded out with an explanation of how to integrate relative and
absolute momentum analysis into the sector ETF and stock
selection process. Recommended Reference Material Technical
Analysis Explained Workshop/Case Studies In
real life situations our judgment cannot help but be clouded by the
media noise going on around us. In this session participants will be
split up into groups and provided with anonymous case studies of real
market situations, thereby removing any bias that might otherwise have
crept in. Drawing on the material covered during the day each group will
elect one member to become a presenter on what the group feels will
happen next based on their review of the indicators. Each presentation
will be critiqued and will end with an unveiling of what actually
occurred. There are no tricks or catches to this session, just good
old-fashioned technical analysis. Ironically, this is the session of the
day when participants learn the most. * Introducing the KST and Martin’s latest indicator - the Special K
Price, at any one time, is a reflection of a number of different time cycles. Most oscillators, such as the RSI, only take one time span into consideration in their calculation and are missing out on a lot of the factors influencing prices. No indicator can take all cycles into consideration, but the KST, by incorporating four different time frames in its calculation, moves us closer to the ideal situation. This indicator is most often used with daily data, but formulas have been derived using tick, 15-minute and 30-minute bar charts for intraday activity. KSTs can also be constructed for short, (3 to 6 weeks), intermediate (6 weeks to 9 months) and long-term (1 to 2 years) trends using weekly and monthly data. By considering these three trends, it is possible to gain perspective on the overall financial cycle. If you’re driving a car in a strange city and need to get directions, it’s easy to stop at a gas station and buy a map. Wouldn’t it be great if you could also buy an investment map pinpointing the market’s proximity to major tops and bottoms? Well, the short-, intermediate- and long-term KST’s enable you to do so with the KST Market Cycle Model. Of course, no system is perfect, but the KST approach certainly helps put the odds in your favor. Better still, combine them all into one indicator and you get the Special K. This presentation will outline the theory behind the KST and the Special K, show you the formulas and how the indicator is interpreted. A full description of the market cycle model will follow, including its adaptation to relative strength analysis. Examples from intra-day to primary trend indicators will be featured throughout the presentation.
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