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Testimonials - Here's what our clients are saying about us....
These are just a few unsolicited testimonials and comments we receive regularly.

Testimonials Year 1998

 Date: 12/24/98
Hello Joe,

I've been using everything you taught me for several years now with success. Although I continue to study the markets and research different indicators and strategies - your material remains the most valuable.

All the best,

Fred Y.

 Date: Thu, 30 Jul 1998

Dear Joe

Congratulations on your new book "DiNapoli levels". I' ve liked it very
much., especially for Entry setups and possible support / resistance levels
very useful - and helpful.

R. S.

 Date: Tue, 21 Jul 1998


I can't tell you how valuable the set of tapes [that include money management] have been to me. I review them on a regular basis--they just seem to keep my money management focused. And if I take time off, because my trading has become sloppy, I always focus in on the material on the tapes just before I return to trading. The fib work makes me money but the money management makes the difference.

Once a trader has gotten past the stage of looking for the Holy Grail and begins working at trading for a living, the materials on those tapes are as good as gold.


Tim M.

Joe DiNapoli writes:


Yes, there is about three hours devoted exclusively to money and personal management in the tape study course. If it helped you once it will help you again. See what Tim thinks but I know, there are market professionals out there that make it a habit of reviewing the tapes every year--

 Date: Tue, 21 Jul 1998


Very few professional traders make themselves available to new or inexperienced traders, unless they are selling their newest system or indicator or 'Pie-in-the-Sky' book.' I have always found your materials to be practical and profitable, and your seminars and forums are not geared to selling the newest product, but rather, the application of sound trading and money management principals [This forum is a great example].

Learning to trade successfully is difficult--New traders do not deserve to have to run the gamut of 'get rich' products that confront them from every angle. It would be nice if there were 'Good Traders Seal of Approval' we could give to products like Fibnodes and your tapes--products that are actually used by professional traders that trade for a living and that would be a great addition to any person looking to be a better trader.


T. M.
 19 Jul 1998

Hi Neal,

I took a look at DiNapoli Fibonacci techniques.
Thank you for this valuable information.


 At 09:17 PM 7/15/98

Hello Joe,

Remember me? I purchased your book, course and software from you about 5-6
months ago. I was the guy involved in Scale Trading (kinda like averaging
down system) and you recomended not trading that way because of the
drawdowns. There has to be a better way.

Take care,
John D.

 Date: Sat, 11 Jul 1998

Dear Joe,

I received my copy of "DiNapoli Levels" two days ago. There is no way you are getting it back!

I have been trading for 5 years, (with some success) and became a commodity broker last year to learn more about real-life trading and to try to keep the "get rich by Friday, Kxx Rxxxxxx crowd" from throwing their money away.

I knew there was another dimension, and one of my broker collegues turned me on to Fibonacci work. I came accross and ordered the tape of your presentation at the Txx conference and that is how I have become a client. I look forward to thoroughly understanding and correctly using your methods and moving my trading (and my broker recomendations) to a whole new level.

May I please receive a password, so that I can modify my xxxxxx, real time software.

Thank you for being so generous as to share the results of all your hard work, so that serious trading students like me can learn from your experience.

Yours truly,

M. W.

  Date: Tue, 7 Jul 1998

I ordered your book few weeks ago.... It is a very good book. If you had written this book earlier, you would have saved me a lot of money from buying other books.
Thank you.


John Y.

 Date: Tuesday, July 07, 1998
Subject: Re: leading/lagging indicators

Good morning Rts,

I need a little help from you. Im running constantly in problems when trying to decide which indicators are leading and which are lagging. Could you please just list some, so I get a clearer picture of leading and lagging (I guess Im lagging on this).

Thanks in advance - Ulrich

Hello Ulrich,

Any indicator which issues a signal AFTER price has moved, is a lagging indicator. MACD, Stochastic, RSI, Moving Averages as they are commonly used are lagging.

Leading indicators (attempt to) tell you where prices will go (or turn/find upport/resistance) BEFORE they get there. Leading indicators are predictive (though not reliable for mechanical/blind trading). It's fair to say that leading indicators usually require subjective human interpretation, which is why novice traders have difficulty with them.

Examples of leading indicators in Fibonacci, price patterns (such as Triangles, Double-RePo's, Head-and-shoulders), and price pattern failures (Head-and-shoulder failure for example),... etc..... I use Fibonacci, price-patterns, and price-pattern failures all the time. For me, trading without leading indicators is like flying an airplane in fog without instruments.

Combining leading and lagging indicators across multiple time-frames is very powerful. Leading indicators are valuable in deciding when to fade a common lagging indicator. For example, you know that the blind followers of the common Stochastic 25/75 will be on the wrong side of the market on the first false signal it gives near major Fibonacci support/resistance (they will drive price right to a Fib level, where your entry stop is, then they will be scrambling to reverse just as you are taking a profit)....

Best wishes,


 Date: Mon, 06 Jul 1998

You say you use Double-Repo's and price pattern failures, can you please give me more info. on these or a reference so that I can find out more.



From: Neal
Subject: Leading/Lagging Indicators


The Double-RePo is a price pattern invented/discovered by Joe DiNapoli. See the website
for details. DiNapoli has 9 predictive price-patterns. One of the nine is actually a category of patterns, specifically called "price pattern failures". The concept is that price patterns are widely monitored and traded, so when such a pattern fails (price goes the wrong way), there are many people who are in a losing trade, so the resulting price move can be very profitable for those who trade these failures..

For example, a stock may be making a typical Triangle, or Head-and-Shoulders price pattern. People take positions
based on the typical outcome of such patterns. If the price movement as the pattern completes actually moves in the direction opposite to what was expected, many traders will exit via their stop-loss orders.. If you know how to define such a failure you could benefit by taking a position as the pattern fails, when other traders are about to start panicking.

Best wishes,

 Date: Wed, 1 Jul 1998

Hi there.

I recently bought your book. For me, it has been a wonderful, educational, self-fulfilling experience; trying to grasp your powerful and innovative methods.

However, I still sometimes may need some help for better understanding. So, is it possible to ask questions via e mail.

Many thanks,

A. A. M.

Sure. Please post them on the forum pages, so that others may learn as well.
 Date: Fri, 22 May 1998

Hi Joe,

Lessons in this business are indeed expensive. Now I am spending a lot of time in chart analysis and working with the Fibnodes prog. real time in the market, on paper only. I am becoming more and more comfortable with it. The fibnodes software is
absolutely wonderful. I can't imagine trading without it.

My hat is off to you for your complete methodology. "I'm a believer!" I'm a believer! " Yes, sir!!

Love and all the best to both you and Pat.


John O.
 Date: Sat, 16 May 1998

Thanks, Neal.

You guys are sure responsive.

C. M.

 Date: Thu, 07 May 1998

Hi Pat,

Just a quick note to thank you for your hospitality, and Joe for his ability to change what I see every time I now look at a chart !

I enjoyed the private tutorial very much, in fact I felt very uncomfortable with my level of knowledge of the "fib" work ..... which
is good because we know that we are learning when the "brain" goes on "tilt"! I have found that I "replay" the questions and interaction that we had on a regular basis in combination with reading the book and material again ... nuances just keep jumping out at me .... GREAT !

I just can't tell you how much help the session was for me ! I have decided to use xx (once I get the correct formulas) and Fibnodes for now.

Again, thank you for the tutorial and I will let you know how I progress!

Warmest regards

Richard K.
 Date: 26 Mar 1998

Subject: Trading education.

Where CAN I get good professional instruction that will pull me over this mountain?

I've read so many books I'm cross-eyed. I've studied so many charts I see them in my dreams. And, even though I know TA inside out ... I'm still a mediocre trader (g). Please don't tell me I'm probably not geared to be a trader. It is too important to me. In spite of my mediocre success... I enjoy the challange of becoming a good trader and will not quit until I am good enough to trade for a living.

With that in mind any of you day traders and/or Pro's have a recomendation? Can you suggest someone who can take me where I want to go? I'm to the point where I want to spend the money on personal instruction instead of loosing it making bad decisions that could have been avoided with proper instruction. I'm a believer in gathering information from those who have
been there done that.

You know the old saying, "Give a man food ...feed him for a day. Teach him how to plant ... feed him forever."
Just point me and I'll do the rest.


From: Neal
Subject: Trading Education.

From personal experience, I highly recommend Joe DiNapoli. He is an accomplished trader, and has a complete trading methodology (not just a "system").

I've been trained by him, and my skills jumped to a new level because of his training.

He is well respected in the industry, I know this, because I have interviewed several professional traders on my web-pages, and they all respect him.

When you talk to Joe, ask him to tell you what G. L. said about him. His comment about Joe will interest you, because L. talks to a lot of traders, and L.made an observation about traders who have been trained by Joe.

Ethically, and personally, Joe is a great guy. Yes, I'm sold on him! Why not? I use his techniques! I've stopped looking for a better way to trade, Joe's methods are what works for me. N. H.
 Date: Fri, 13 Mar 1998

To: Trader JO
Subject: Re: quote

This book is made with love - tough love. You can tell the author is truly sincere about the subject. It's one of those books you'll have on the shelf for reference for years to come.

Thomas Stridsman
"Futures Magazine"

 Date: Wed, 25 Feb 1998


Thanks for following up but you filled up a huge gap after I talked with you. As soon as you started talking about the DMA's, I immediately figured out what I was NOT doing: determining the TREND first. I was caught up in the 5 and 30min timeframes.
By the way, in the last few days since then, I am back on track. After talking to you, I re-emphasized the DMA's, I am now using it in even the smaller timeframes, 5, 30min, using it in context the way you prescribed. I now get a clear picture of whats happening.

Thanks again, looking forward to reading your book again.

M. E.

Trader JO wrote:


I didn't feel that I did a good job in answering your questions the other day. So, I'll try a recap now that my mind is a little clearer . .

Your statement below regarding the MACD and Stochastic combination is essentially correct. It appears that you understand the use of these indicators and the last thing that I want is for you to misinterpret my comments and disregard what you have already learned . .

What you need to do in trading is establish a hierarchy of decision making to formulate the context. Based on the following items I would not have been looking to sell this market; therefore, the false signals given below would not have created a loss for me. We had just broken into new high ground from consolidation and down move. We were above the 25 by 5 and the 3 by 3. We were not particularly over bought, so I would not choose to be a seller. If you were using some directional indicator of your own which told you to sell, you were properly using the MACD Stochastic indicators. You would then be stopped out quickly. I saw no directional indicator to support the sale that you referred to below. The bottom line is this: context context context context context.

I hope this helps,


 Date: Wed, 11 Feb 1998

Subject: money management

It was a pleasure to have met you at the Futures South show. I purchased your Fib Trading Course and listened to the first two tapes on my car drive back to Miami. You told me that these tapes have good money management suggestions and I wanted to tell you that you gave me some great advice. Your suggestion for new traders (of which I am one) was to do the first 20 trades on the Mid- AM. Without your advice my loss would have been $900 plus commission. Thank you.

I am wait listed for your private seminars. I hope that by time there is room for me that I have fully digested your tapes and

Thanks again,

L. M.

 Date: Sat, 24 Jan 1998

Hi Joe,

I have just finished reading the book.
I will now have four favorite books:

1. Murphy's classic.
2. Elder's Trading for aliving.
3. Le Beau's book.
4. Yours.

The order is in which I have read them.
I have read plenty in the last 16 odd years since I took an interest in
technical analysis. But these are the four that I would like to keep handy
at all times.

I had forgotten a few things about your system. Your book was great refresher.

Ananda B.

 Date: Wed, 14 Jan 1998


You did a great job. Should be a best seller.

Walter B.
 Date: Mon, 12 Jan 1998


I'm almost done with your book (p.254 to be exact).
Very exciting.

Ken K.

 Date: Mon, 05 Jan 1998

I'm about half way through the DiNapoli Levels book, and all I can say is that it is fantastic. Especially for anyone who, experieced like myself, has read many books on TA and market psychology only to be left with the questions, "so now how do I use this?" and "ok, what do I do next?" Even if we ignore the specifics of the methods, the explanation of how an expert approaches a market and applies TA is excellent.

C. W.

          Disclaimer. The information contained herein is subject to change without notice and was obtained from sources believed to be reliable, but is not guaranteed as to accuracy or completeness. Those using the materials for trading purposes are responsible for their own actions. No guarantee is made that trading signals or methods of analysis will be profitable or will not result in losses. It should not be assumed that performance will equal or exceed past results.
          Trademarks and Copyrights: FibNodes, DiNapoli Levels, Oscillator Predictor, MACD Predictor and D-Levels are trademarks of Coast Investment Software Inc. All contents of this website are Copyrighted © 1998-2007, Coast Investment Software Inc. All Rights reserved worldwide.
          NOTICE: Testimonials are believed to be true based on the representations of the persons providing the testimonials, but facts stated in testimonials have not been independently audited or verified. Nor has there been any attempt to determine whether any testimonials are representative of the experiences of all persons using the methods described herein or to compare the experiences of the persons giving the testimonials after the testimonials were given. The average reader should not necessarily expect the same or similar results. Past performance is not necessarily indicative of future results. No person was compensated for providing a testimonial.