The key to investment success, if there be just one, is the ability to remain emotionally detached. That detachment is only achieved through confidence. That confidence is only arrived at through knowledge. That knowledge is arrived at through thought, study, hard work, and experience.
RICHARD W. ARMS, Jr., advises institutional investors, publishes his investment advice, and manages investment portfolios from his office in Albuquerque, New Mexico. Mr. Arms strives for capital appreciation through the use of his unique technical tools. The Arms Index appears daily in the Wall Street Journal and crosses the ticker tape once each minute on CNBC. He is the author of three previous books: The Arms Index, Volume Cycles in the Stock Market, and Profits in Volume. His World Wide Web address is: (www.Equivol.CypressPoint.com).