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Rating: 
Summary: A GREAT CLASSICAL BOOK ON STOCKS & BONDS
Review: This book is somewhat of an "inspirational" work on the financial operations of Wall Street. It may not carry any exciting technique but contains a great deal of valuable commonsense information which is so often ignored by the agerage investor and which could save them thousands of dollars in losses.Some insight is given on how to study a 'sector' carefully then narrow down to a specific company that my serve as the best investment potential. Mr. Wyckoff gives his views from both as a trader and as a broker and investment advisor. You will also learn the procedure of how he turned an odd-lot campaign into a fortune, thus providing hope for small traders and investors. Much of the advice and caution given has not changed after so many years has passed. For instance, he said that you cannot get real good advice to buy because newsletter writers are usually ripped-off by some person subscribing and giving it free to their friends etc. Sure enough all of this still continues till this day. This is certainly a great book for stock and bond traders.
Rating:
Summary: A GREAT CLASSICAL BOOK ON STOCKS & BONDS
Review: This book is somewhat of an "inspirational" work on the financial operations of Wall Street. It may not carry any exciting technique but contains a great deal of valuable commonsense information which is so often ignored by the agerage investor and which could save them thousands of dollars in losses. Some insight is given on how to study a 'sector' carefully then narrow down to a specific company that my serve as the best investment potential. Mr. Wyckoff gives his views from both as a trader and as a broker and investment advisor. You will also learn the procedure of how he turned an odd-lot campaign into a fortune, thus providing hope for small traders and investors. Much of the advice and caution given has not changed after so many years has passed. For instance, he said that you cannot get real good advice to buy because newsletter writers are usually ripped-off by some person subscribing and giving it free to their friends etc. Sure enough all of this still continues till this day. This is certainly a great book for stock and bond traders.
Rating:
Summary: A Pioneer
Review: Virtually everything written after Livermore and Wyckoff are variations on themes developed by these two men. Wyckoff was among the first to explain the accumulation-distribution cycle (which makes stock and market timing possible) and to develop the use of "surrogates", self-made indexes which consist of a handful of leading stocks in a group (such as semiconductors), which warn the investor of impending moves, and which enable the investor to filter out all the noise of broadcasters, publishers, newsletters, message boards, and chat rooms. Understand Wyckoff and you'll understand the engine that drives stocks and markets rather than be distracted by the genuine imitation wood trim and the smell of the leather seats.
Rating:
Summary: A Pioneer
Review: Virtually everything written after Livermore and Wyckoff are variations on themes developed by these two men. Wyckoff was among the first to explain the accumulation-distribution cycle (which makes stock and market timing possible) and to develop the use of "surrogates", self-made indexes which consist of a handful of leading stocks in a group (such as semiconductors), which warn the investor of impending moves, and which enable the investor to filter out all the noise of broadcasters, publishers, newsletters, message boards, and chat rooms. Understand Wyckoff and you'll understand the engine that drives stocks and markets rather than be distracted by the genuine imitation wood trim and the smell of the leather seats.
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