Predict Market Swings With Technical Analysis

Rating:
Summary: An Excellent Introduction to a Complex Topic
Review: I found Mr. McDonald's work to be extremely interesting. As an investment professional, I can appreciate the considerable skill and erudition the author brings to bear as well as the straightforward, admirably lucid quality of his writing.
The author presents a remarkably attractive thesis and fully articulates it, making what could otherwise be an obtuse economic postulate a functional, successful model for avoiding the pitfalls of investing.
Above all, Mr. McDonald convinces the reader that financial markets are not governed by random, chance factors, but rather can be made profitable to investors if they can master the scientific principles that drive it. It is to the author's credit that these principles are explained with such skill as to make them understandable to the widest possible audience.
I cannot praise the book too highly, and I look forward to future works by Mr. McDonald.

Rating:
Summary: A must read for investors
Review: This book by Michael McDonald is an excellent one for obtaining an insight into the workings of the sometimes confusing stock market. His method of presentation makes it understandable, especially for the average non professional investor like myself.

How many people who invest in bonds really know how they are priced, or what fair value of stocks is, or how lump sum pensions are calculated? This information alone, based on stacking the money theory, is worth the price of the book.

His analysis of market timing versus buy and hold is a must read, plus learning about the Elliot wave theory and how to use it, along with contrary opinion, and if the market is in a trading range, gives you valuable tools to use in guiding your investment decisions.

Anyone new to the market, as well as serious investors who have been in the market for sometime, should have this book in their library to take advantage of McDonald's expertise and experience.

Rating:
Summary: An Excellent Introduction to a Complex Topic
Review: Very seldom do you find a technical book that is interesting to read. I found this book to be not only understandable to people of the profession but also to people who know very little about investing and the way the market works. The author achieved this through an ease of writing with explanations understandable to everyone and actually fun to read. I highly recommend this to anyone interested in learning more about market.

Rating:
Summary: Recommended reading
Review: Very seldom do you find a technical book that is interesting to read. I found this book to be not only understandable to people of the profession but also to people who know very little about investing and the way the market works. The author achieved this through an ease of writing with explanations understandable to everyone and actually fun to read. I highly recommend this to anyone interested in learning more about market.