WILLIAM BLAU is a trader with expertise in momentum indicators and their applications. His articles have appeared in Technical Analysis of Stocks and Commodities, and he was a speaker on the Dow Jones/Telerate 1993 World Tour. Prior to becoming a trader, he founded his own engineering firm, specializing in technical consulting for government, industry, and manufacturing prototypes and small production run machines. William Blau holds a bachelor's degree in electrical engineering from NYU and a master's in systems engineering and operations research from the University of Pennsylvania. About the Series Editor: PERRY J. KAUFMAN has been designing and developing trading strategies and hedge… and arbitrage programs in derivatives markets since 1970. He is the author of six books, including The New Commodity Trading Systems and Methods and Smarter Trading. Mr. Kaufman is part of Kaufman Diamond & Yeong, an international consulting firm with offices in Vermont, Chicago, and Singapore.