Technical Analysis of Stock Trends, 8th Edition this question feed

asked by madfool on November 6, 2006 3:21 AM
Technical Analysis of Stock Trends, 8th Edition, is a critical reference for investors--especially in today's tumultuous markets. This seminal book--the first to produce a methodology for interpreting and profiting from the predictable behavior of investors and markets--revolutionized technical investment approaches and continues to show traders and investors how to make money regardless of what the market is doing.

Now, with the addition of noted technical analysis authority W. H. Charles Bassetti (editor)--as well as charts and graphs that pertain to today's market environment and major stocks--this completely updated and revised edition confirms the wisdom of the original work for today's markets. Technical traders and chartists will turn to it for:

* Information on utilizing electronic markets, the Internet, wireless communications, and new exchanges, plus current ideas on portfolio management and risk management
* Chapters on futures and derivatives charting and trading
* Expanded treatment of "runaway" markets--to help put the recent Internet stock craze in perspective

"Chart formations," states Charles Bassetti in the preface, "are the language of the market." Technical Analysis of Stock Trends, 8th Edition, translates that language for a new generation of technical traders and investors.


Reviews

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"Fascinating", illuminating", "comprehensive" are words that come to mind when I think of this work of art. Now in it's 8th edition, the bible of stock market analysis continues to educate and inform.

Although technical analysis should never be the used for the sole reason for forming reason to financially commitment funds in the stock market, Edwards and McGee's work is a serious attempt to classify popular price patterns throughout history.

While the book may be a little pricey, the information alone is worth the price to admission. My advice? Get it and study hard.
reviewed by geri1956 on November 13, 2006 9:25 PM

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I think that technical analysis is usefull, but not always reliable, nor should it be the only reason for picking a stock. Since this book is the only investing book based on technical analysis that I have read then I can't say for sure if it is the best and I know there are other developments that the book does not cover. But It has saved me some money by making me a little more patient in my buying. If you are already invested in stocks or are planning on getting started, but have not read anything written by Benjamin Graham or Joel Greenblatt, I suggest reading anything and everything written by them first.
reviewed by papi on November 29, 2006 2:46 PM

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After edited by Professor Bassetti, this classical book come alive again. Initially, when I started learning technical analysis I had the question that whether these classical technical analysis method works in today's internet oriented market. To my surprise after reading Professor Bassetti's comments on last dot com bust, it made me realized that same techniques still works. Moreover, I think this book can only be understood by the experienced trader and not by the new traders. If you see other experienced trader's book recommendation list you will find this book in there. It takes time to get to a level when this book start to make real change in one's understanding/trading. That's what I make of it. Initially, I myself did not understand many concepts what this book talks about. Now as I am getting more and more experienced and it stats to add value to my trading. Recently I experienced up and down of google and aaple live in action. And if you refer to the book then it make sense how still market works in the same fashion as it worked a decades ago, even though most of the trading is done by computers these days. For a new readers of this book, I would suggest don't give up easily keep. Read it a number of times and get some real experience with live trade not the paper trading.

As a student of Professor Bassetti, I have seen his experienced analysis at several occasion works perfectly live in action. Even though, I wasn't able to cash in as was in denial...but amazed how accurately it plays out every time. Seen in Dollar, REITs, Gold, Silver, Google etc. At first it seems unreal as most of us are influenced by greed or fear.
reviewed by h2o on November 29, 2006 6:38 PM

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