The Complete Idiot's Guide to Market Timing (Complete Idiot's Guide To...)
Author: Scott Barrie
List Price: $19.95
Our Price: Click to see the latest and low price
ISBN: 0028644980
Publisher: Alpha Books (04 March, 2003)
Sales Rank: 507,874
Average Customer Rating: 3 out of 5
Customer Reviews
Rating: 4 out of 5
Actually Quite Good
I thought this book was actually quite good. It does not have the 'magic formula' that some people may be seeking-but then again, no other book does either. There is no magic formula.Instead, what you have are practical and useful bits of knowledge that can help one understand the overall market cycles.
This book is not trying to sell a system, nor does it attempt to pinpoint entry and exit signals.
Yet, it gives one the tbackground against which one can calculate when to get in and out. This is a guide for the 'forest'. I found it very useful-when trying to navigate between the 'trees'.
I think people that incorrectly anticipate it to be a textbook on mechanically generated entry/exit signals are barking up the wrong tree.
This is excellent basic stuff-I have an MBA and still found it very useful.
Rating: 2 out of 5
I kept reading, hoping to be enlightened, but it never came
What a disappointment! I expected some discussion of market indicators and oscillators in timing the markets (see the promo), but instead got "invest in the last two years of a presidential cycle" and if you invest in the years when January is up, then you'll get an additional 0.5% return! While I admit that's timing the market, it's certainly not much to chew on, but I guess someone could make a case for these being indicators? Not me.
There apparently was no proofreader to catch missing verbs, misspellings, incorrect grammar, or to differentiate between "principle" and "principal". A few of the charts and tables bore little resemblance to the accompanying text and a couple end-of-chapter summaries contradicted the text being summarized. Also confusing were the filler chapters giving advice on selecting a financial advisor and how to manage your debt. I didn't see the connection to timing the markets. Nevertheless I did come away with a few choice tidbits, some interesting observations, and a generally better understanding of market behavior so the read was not a total loss, just not what I anticipated. Similar Products
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