Wall Street Trader's Column� is the result of over three decades of experience in the stock and commodity futures marketplaces. As a subscriber, you will benefit from years of in-depth study of technical analysis and how these studies can be implemented to make you money. Here at Wall Street Trader's Column�, we screen over 9000 stocks daily--from all major exchanges.

About the Editor Harry Aloof's business background as a technical analyst for the commodity futures and US stock markets spans nearly three decades. In 1980 he became a member of CompuTrac/Technical Analysis Group, and in 1988 he became affiliated with Shearson Lehman Hutton as a financial consultant. Mr. Aloof became registered as a Commodity Trading Advisor (CTA) with the National Futures Association (NFA) and established his own private advisory firm in 1989.

Harry Aloof is a student of the Tape Reading Art. When studying Technical Analysis back in 1968, Mr. Aloof learned tape reading from one of the largest single traders of the day. Mr. Aloof incorporates his choicest tape reading selections in his technical analysis.

Harry Aloof has expertise in stock selection via technical analysis. After researching and testing various technical methods for more than two decades, he developed and now uses a process called LOW-RISK ENTRY POINT�. This process is used as a determining factor for success in the stock market. You should consider using the LOW-RISK ENTRY POINT� as a guide for purchasing stocks. You will then have the necessary edge and ability to accumulate shares at better prices. This will enable you to build larger positions at better price levels.

Protective Stops: This is the price at which a protective stop should be entered. As position advances, stops should be adjusted accordingly. Each buy recommendation comes with a BUY STOP. This is the low risk entry point that you should consider when making a purchase. If the stock does not reach this price then it does not become a buy candidate. If in the following days the prices of the stock reaches the BUY STOP or higher then you may consider purchasing the stock. Once a purchase is made then use the recommended protective stop as indicated in the report(*) Should the stock advance move you protective stock up accordingly.

Example : XYZ Corp closed at 50 the previous day.

A) A buy stop recommendation of 50 5/8 is made with a protective stop of 47 5/8 (A difference of 3 points)

B) Now should the stock advance to 55 5/8 than the protective stop would be 52 5/8

C) Keep advancing the stop as the stock moves up until the stop is penetrated and you exit the position.