- Shopping Bag ( 0 items )
Posted September 3, 2006
Want proof that you can beat buy and hope strategy? Buy this book.
Of all the books I have read on investing, this book makes it clear that predicting the market doesn't work, but trend timing the market does work. I use one of the services mentioned in this book and know for a fact timing works.Was this review helpful? Yes NoThank you for your feedback. Report this reviewThank you, this review has been flagged.
Posted April 22, 2004
The preponderance of research for the past 100 years or so has demonstrated convincingly that stock markets are pretty efficient and that stock prices move randomly, or almost randomly. That is a strong argument against trying to time the market. Author Leslie N. Masonson disagrees, contending that if you use a few simple techniques to time the market, you can avoid losses and wind up with a more profitable portfolio than if you simply bought a representative selection of stocks and held them, as most financial advisors now recommend. He could have presented more evidence to support his opinion, but he is honest enough to contrast his point of view with the many arguments against attempting to time the market. He acknowledges that timing requires certain staunch character traits that are far from universally present in the investing populace. That is to his credit. Also to his credit, according to us, is the fact that he usefully defines and discusses a number of trading techniques and information sources that even non-investors should know about and that investors should understand.Was this review helpful? Yes NoThank you for your feedback. Report this reviewThank you, this review has been flagged.
Posted March 2, 2012
No text was provided for this review.