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Old 05-17-2008, 11:05 AM
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Re: [VSA] Volume Spread Analysis Part II

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Unit 2 encompasses the original Wyckoff Course and is fundementally the same as the original, mostly reformatting and some clarifying - hardly a reinterpration. The Course was later expanded mainly by the excellent work of Bob Evans. The additional material was kept separate and is found in Unit 3. The other three units include an introduction & overview of the method (Unit 1), practice trading methods (Unit 4) and a "final exam" (Unit 5). There is much valuable material that supplements the course also available from Wyckoff/SMI.

The comment: "Everyone else adds their own interpretations interpretations, ideas, adds things, deletes things, etc" refers to forum threads, blogs, websites, books, software and the like regarding Wyckoff trading. Each of these is neccessarilly a reinterpretation (often quite poor and woefully misinformed, though a few good) of what Wyckoff/SMI has been studying and refining for over 100 years. So again, why not go to the source?
Going to the source is always the preferred route, which is why I use the original course.

As to whether the differences are fundamental or not, this is easily determined by putting the original course in one window and the SMI interpretation in another, then comparing the two. Whether one prefers the original or the SMI interpretation is a personal choice, but one that should be fully-informed. The original course is also considerably less expensive.

In any case, none of this has anything to do with VSA. I suggest that a moderator open up a thread entitled "Wycoff Resources" and move all of it, beginning with winnie's original question, to that thread.

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