Titel: A Strategic Guide to the Coming ...
Verlag: Michael J McDonald
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This book, based on a new model for stock prices, postulates that the stock market made a major top as we began the new millennium and has started into a sideways trading range that will last approximately four years. The book details the exact reasons for this viewpoint and also presents strategies to invest through such a period.
This book contains a number of major firsts. The standard stock market model, the efficient market theory, ends up concluding that stock prices are random and unpredictable. This new model holds that stock prices are indeed random except at certain moments when they do become predictable. A study that proves this is presented in chapter 5. Knowing and learning how to locate those predictable moments is one of the main subjects of the book. It is believed that the “buy and hold” investment strategy will no longer work during this period and market timing will again emerge as a necessary investment tool. The final chapter details strategies that may be useful in making money during such a roller-coaster period.Review:
After proofreading The Coming Roller-Coaster Market I'm delighted to have an opportunity to tell you how impressive I thought it... -- Carol T. Noble
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