W.J.,
It will open your eyes! I no longer use the R-1 tools as outlined in Phil's book. I look only at Stage 1 & Stage 2 for entry. Stage 3 and Stage 4 for exit. Great way to know when to buy & know when to pass. Very easy!
I will not even look at a stock in level 4 as a buy canidate. Speeds things up when reviewing charts!
Book is cheap to buy. I used Amazon. I am sure your local libarary will have it too.
If you want to look at something more current. There is only one place. Brian Shannon at
AlphaTrends!
His book uses Stan Weinstein's ideas in a more current way to view stocks. Yes, his book is pricey. I t will be the best $80.00 bucks you spend on a T.A. book. Trade with confidence with what your learn here and using time frames outlined in Brian's book. No more lagging indicators for me!
If nothing else enjoy Brian's free daily video. Very cheap education!
Best of investing!