5 comments about Bollinger on Bollinger Bands.

1. "Bollinger on Bollinger Bands" is a through explanation of the theory behind the analysis tool, and means for increasing its value. Examples are given in both independent use of the tool and for its use in concert with other measures. Codependent variables are discussed and reasonable cautions are stated. Multiple trading systems are discussed as well.
   
   However, I was sorely disappointed that the book made reference to "free" tools on the internet. Most of these were available only for a 30-day trial pre-purchase, and without stating the purchase price--before signing up for the trial. It was not possible to evaluate the value of the proposed trading methodologies by using what was stated to be "free" access. I felt mis-lead, at best.
   
   This is not a book for a beginner in stock technical analysis. It pre-supposed knowledge of several acronyms, which are sometimes explained later in the text (to be fair). It would have made a better read had all acronymns been defined and explained on their first occurence.
   
   I still found this to be a valuable text on the derivation and logic behind Bollinger Bands, and for that reason alone have gien it a relatively high rating. But don't expect to buy the book and directly apply it to trading without purchasing or developing some additional software, or in the alternative, doing a lot of pencil and paper work.



2. As a beginning trader, the concept of Trendlines, Stochastics, MACD, RSI, Moving Averages (Weighted, Exponential, Simple) can begin to all blend together. And of course, if you are paper trading, or even actually trading, then your Charting software has the capability to show the Bollinger Bands to help you make your trading decisions. John Bollinger does perhaps the BEST job of all the books I have read on nailing for the reader the statistical value of each type of 'methodology' along with which types of methodolgies are 'co-linear' in that they provide you with the same information. He shows you the power and value of Bollinger bands OVER other moving average technologies, and finally, helps you get a handle how to trade. He is direct, clear, and very helpful in conveying a broad and deep subject, along with also keeping the reading interesting. This book is not a beginners book. You should either already have lots of trading experience OR have read a number of books on trading. Many of his examples are for Stock Traders, but he also shows the power of Bollinger Bands in Commodities and Futures. I highly recommend this book for the beginner who is 'educating' himeself through books and has a number of books under his belt, OR for someone who is doing trading already, and wants to improve their game.



3. It is quite mind boggling that many traders don't have some kind of bands, channels, and envelopes incorporated into their trading plan. I'm a
   strong proponent of using 'absolute limit indicators' in trading, though I do not personally use Bollinger bands because I use different bands in my trading. Neverthless, this book contains many patterns which can certainly be transfer to other 'absolute limit' type of indicators.
   This serious book should be studied by all technical traders



4. This book wasn't all that bad, and there was some worthwhile trading information in it, however it could've have been half the size had the author not wanted you to know how "really really" smart he was. As a result of this it included a lot of waffle about unrelated history about non trading/investing matters. Still O'Neill did it as well, so did Sperandao.......why do guys who've made a few bucks in the market and turn themselves into authors confuse themselves with Einstein?



5. I bought Bollinger on Bollinger Bands yesterday and only wish I had bought a year ago when I began short term trading. The book is NOT just about Bollinger Bands, although there is nothing wrong with that. It contains several strategies and Technical Analysis techniques. I have played around with so many Tech Anal's and just get more and more confused. Because of this book, I am going back to basics, using Bollinger and Volume and go from there. I highly recommend this book...terrific for beginning traders and the more experienced. John Bollinger is gold, deserving of his master reputation.

4 comments about Five Minutes With VITO.

1. Wow! This book should be required reading for all sale professionals that want to make sure that they use their prospecting time effectively. With 5 Minutes with VITO, you'll have a plan of action for reaching top level executives as well as a plan of execution for what to do and say when you talk to those executives.



2. This book is something even the weakest sales person could use. It has action steps that help you apply what the book is coaching you on. It also has some neat internet sites to go to. A must have for every sales manager and business owner as a reference to what their sales people should be doing.



3. If you are a professional sales executive and you are tired of cold calling, this is the book you have to read! Combining the best of the Sandler Selling System and Tony Parinello's powerful VITO system will make a dramatic difference to your results. Follow the behaviors in this book and become better at:
   
   * Landing appointments, bonding and building rapport with VITO (the very important top officer who makes or breaks every decision to buy)
   * Establishing up-front contracts with VITO
   * Creating allies in VITO's rank and file, including their Gatekeepers
   * Leaving voice mail message that get call-backs...from VITO!
   * Making powerful presentations to VITO
   * Controling your sales process...and influencing VITO's buying process
   * Compressing your sales cycle...and increasing your average deal size
   
   Sound too good to be true? What do you have to lose? Millions know the system and swear by it.



4. This book really helped me get in contact with more CEOs more easily, and aminly because it taught me how to deal with the executive assistant ("Tommie"), who controls access to the CEO in the target company. Excellent tools.

5 comments about Science Business: The Promise, the Reality, and the Future of Biotech.

1. This book is an excellent example of applied academic research. Pisano and his Harvard team have dug deep into the economics of biotech. What he describes is an industry that is not performing as expected, and he points to some possible reasons for this. Perhaps my favorite single sentence in the book is, "Deals alone can never create value." A more speculative statement from the same paragraph is: "As a percentage of the total workforce, biotech may have more people involved in business development than any other industry (almost certainly the highest per dollar of revenue)." Why? Well, that should be the subject of another book.
   
   Highly recommended to those digging into biotech issues; not at all for those who want a quick-fix-read to tell them what to think. That's a compliment, but does point up that the audience for this is limited.



2. While many of us in the biotech industry are aware of products, companies and issues, this invaluable book is not only a great resource but an important guide and should be recommended reading for all biotech industry executives as well as investors.



3. I don't know what I expected from this book, except for some new insights on how to invest in the biotech industry. I was extremely disappointed to find a whiney critique of biotech companies that take enormous risks in discovering new life-saving or life-improving chemicals, and oftentimes crash and burn in the process. Well, that's capitalism, for ya'! Would the author prefer a centrally run system in which lazy bureaucrats barely advance scientific discovery? It all comes back to risk and reward. This book is the updated version of complaints about Silicon Valley, and the dot-com bust. OK, the technology business may not be profitable as a whole, but the efforts of millions of people in the pursuit of the big payoff has created great advances and has improved lives in making people more efficient, more educated, and less carbon-intensive.



4. For my money, most business school professors write with a detached, dry atmosphere about business topics.
   
   Not Gary Pisano!
   
   He has a strong point of view that the ecosystem for biotech is not working well. His observations about why are right to the point and convincing.
   
   His prescriptions are well worth considering.
   
   If you're new to biotech, this is a great book to start out with. I would then proceed to Building Biotechnology, which is also a fine book.



5. I found this book to be well-researched, current, and insightful. If you're at all interested in the biotech business, especially in starting a company or investing, read this book first. Pisano's narrative really helps one understand the foundations of the biotech industry, and sheds some light on what does, and doesn't, work within that industry. The fact that it's off the Harvard Business School Press gives it additional credibility, which is well deserved. A wealth of references, as well as a listing of the companies listed in the study, give the reader both a sense of the research that went into the book and a start on the search for more resources on the subject.

5 comments about The Master Swing Trader: Tools and Techniques to Profit from Outstanding Short-Term Trading Opportunities.

1. The book feels like Farley is trying too hard too impress, instead of to truly educate. A few good insights, but buried beneath the weight of all those self-important words.



2. A lot of people seem to love or hate this book, and I am without question in the love this book category. I have been in the market for many years, and I can say without hesitation that this book is the most advanced and thorough study of trading psychology and tactics ever written. If there's a better one out there, I've never seen it (and I've read hundreds of them).
   
   This is not a beginners book. This is a book for people who have at least a couple of years experience trading and investing actively in the market. I don't mean someone who has a few mutual funds or a stock or two they just hold; I mean someone who follows the market closely day in and day out and has felt the fear, panic, and greed that comes from buying and selling in real time on a regular basis. If you're one of those people then this book is for you. If not, then you should look into something a little less advanced and come back to it in the future.
   
   It was clear to me even after a couple of chapters that the author really knew what he was talking about and had advanced experience. I think many people have been frustrated by this book because they were either too inexperienced to understand it fully or because they were confused by the author's deeply intuitive writing style. Myers-Briggs intuitive types (N's) will feel instantly at home with this, but sensory types (S's) will have a hard time with it because he writes about the deeper meaning behind patterns and movements rather than the obvious visual aspects that are the focus of most books on trading. If you are someone who thinks deeply and looks for the deeper meaning of things then you'll probably like the style of this book. If you are not, then it might not be for you. I am an intuitive N, and I recommend it to others like me without hesitation. It's the equivalent of a capstone course in a master's degree program in trading.



3. The Master Swing Trader is not for beginners, and is a difficult read from cover to cover. But I constantly refer to mine, and I have it highlighted throughout with the margins all marked up. It is very technical but also very thorough. More than any other book this one is responsible for my quest for perfection in my trading systems.
   
   David Colletti
   Founder
   StockTradersHQ.com



4. I have read this book close to three times. Its pages are now worn from use and travel. It is the single book to which I attribute the majority of my market knowledge and trading success. I have since used my trading record to become an investment adviser utilizing only the techniques found here. In truth, I have also created my own money management system as a framework for capitalizing on Farley's directional insights.
   
   This book, when I first read it, was not very appealing. I wanted something that could predict the market, not something that would tell me to wait and wait and wait until conditions were right. I didn't want to have to plan for opportunity and then strike if- and only if- price action developed according to my plan. I didn't want to do any of this until trading losses inspired me to enjoy making money over being excited about making a trade.
   
   Since then I have returned to the book and read most parts twice over. Farley's patterns can be applied to any market environment, because they don't have too much overlap (that is, there's always a set of patterns available for any possible market environment). Therefore, first identify the general market conditions (1st section of the book dedicated to this), then identify which of his '7 Bells' fits that market environment (2nd part of book dedicated to these), and then perform the trade if and only if conditions are favorable (3rd part of book..). Take profits and losses readily. The markets have noise. Perfectly good setups will go up in smoke sometimes. Know your 'edge' and risk only the right amount of capital to take advantage of it (I did have to develop a system myself for this part as Farley does not cover it).
   
   So, that is my review. The Master Swing Trader is a seminal work on swing trading that should not be taken lightly and most definitely not derided as "too complex". Yes, if it's hard, come back later with more trading experience. I consider this book to be the Be-All-End-All of trading books, and it reminds me of my senior-level Electromagnetic Engineering courses in college. Looking at that book in the first days of my study would have frightened me (just glance at a 'Smith Chart' in Google Images if you don't believe me). But after time, I realize that the concepts in that book were not too complicated and were in reality very practical and extremely useful. So, too, with Farley's masterpiece.
   
   Ryan Sanden
   Investment Analyst,
   Northwestern Mutual Financial Network



5. This is a great book and I'm buying it for the second time as the other is packed away in another country somewhere. Farley is awesome. If you don't like the book, you simply don't get it. If you're lame enough to complain about it on here you've got an ego problem, or it was just over your head. If you're serious about trading its a must read. Thanks Alan. I hope someday to meet you in person and thank you personally. Happy Trading!

5 comments about The Part-Time Real Estate Investor: How to Generate Huge Profits While Keeping Your Day Job.

1. I've read and reviewed a number of "how to make millions investing in real estate" type of books, and I didn't think I'd ever need to read another one, since they are mostly the same (in varying degrees of quality). However, I was attracted to the Part-Time Real Estate Investor precisely because of the humility of its title -- it seeks to help real people achieve real income from real estate while keeping their feet planted solidly on the ground. Since I know the realities of the current real-estate market precludes the possibility of doing it full time (at least from my starting position), I decided to take a gamble on this book, and I wasn't disappointed.
   
   As with any "how-to" real-estate investment book, the Part-Time Real Estate Investor covers a lot of ground, and thus is skimpy on the details in some areas. Fortunately though, this book focuses on some areas that are ignored by the pie-in-the-sky type of investment books. For example, it spends ample time on subjects like "Buying Your First Home," buying a home with bad credit, "Land Contract and Lease Purchases," etc. The bad credit chapter was particularly informative, I thought, as it examines whether or not you should buy a home with below-average credit, given the higher interest rates you'll incur. Most books are simply rah-rah for homebuying (and selling), but this one is more sensitive to individual's situations.
   
   There is no ONE book that will tell you everything you need to know about being a real-estate investor, but this one is a good place to start, particularly for people with realistic and modest goals. Others, like those from the Rich Dad series or by author William Bronchick, are also helpful, especially from a psychological perspective. But this book contains some of the best pure information of any I've read. I would advise others in my shoes to grab this book as well as two others I recently reviewed, Inspect Before You Buy (by Charlie Rose) and Your Real Estate Closing Explained Simply (by Michelle Blain), which go into those two areas in greater depth than this book is able to. No ONE book will teach you all you need to know, but these three books as a set come pretty close!



2. Not only was this an enjoyable read, but also intriguing. I have always wondered how it would be to dabble in real estate. The Part-Time Real Estate Investor lets you see into this world, and actually see yourself in it. Mr. Blacharski gives all the detail a reader needs to jump in and invest in that first property. He outlines how to proceed slowly at first and become knowledgeable about your properties. Then take it to the next level to build a real estate portfolio. The information in this book will give you the confidence to delve into investing for yourself.
   
   This book not only gives you solid advice and strategy, but also discusses and dispels many of the get rich quick schemes that have been so popular of late. You can not get something for nothing and the author explains exactly how the "no money down" schemes work. There are lots of easy to follow financial examples that demonstrate how to figure profits, expenses, closing costs and the like. When he talks about doing things that are risky, because nothing in this world is secure, it really hit's the mark with me. This book goes into detail about the confusing real estate world. It's really a no nonsense guide to real estate investing.
   
   
   I would recommend this book to anyone - really! This may very well change your life.



3. It is always easy to write a review on a book that appeals to you right from the beginning. And these words are heartfelt. Of course, to see whether this book is good or bad, in any sense, we have to read it. So pluck up your spirits and open it! Once you have done it, it is almost impossible to put the book down.
   To better understand how the money world works you do not have to spend years of research and live your life in secret labs. Simply go out for it. Money world is around you, maybe even in your neighborhood. That is what Dan W. Blacharski, the author of the book, tries to explain. But do not get discouraged thinking that the author is going to give a lecture -- one of the many on `How to Get Rich in a Fortnight' we can attend any time in any city of the country. That is quite another story.
   
   Holding in mind that there are still lots of things to learn, we are free to choose between seminars, real estate programs and the books on the corresponding topic. I am not sure of whether these seminars are useful, but I am pretty certain of the fact that Part-Time Real Estate Investor really inspires. I am not a real estate guru in terms of buying and selling, but I devoured this book within a single day. Moreover, next morning my first purchase was a newspaper with lots of real estate related materials. Am I going to be an investor? I am sure I am going to try.
   
   The majority of people out there think starting their own business is a risk and even a waste of time. Let them think so. I am sure we are not this kind of men. Yes, there are some obstacles on your way to good money and even wealth. But they are nothing comparing with what you will get. Dan W. Blacharski gives compact and precise information on how the whole business works. Unlike the lecturers and tutors in a college, the author opens you the doors to the core of real estate business and quite clearly states that `there really are no secrets in real estate wealth building'.
   
   The book is perfectly designed. The chapters consist of subtitles, which give you direct information on how this or that method/trick works or does not work. Then there are lots of myths of the trade that help you escape the reefs of the business. PART-TIME REAL ESTATE INVESTOR TIP is a common insertion where the author either summarizes the ideas of the chapter or provides examples of real estate routine work. Such notions as creative financing, REIT, tax deduction, promotion of homeownership are not just labels -- they are thoroughly explored and clearly explained by the author. A friend of mine, who is a teacher, said when she finished the book, "Well, this book sounds like Zero Conditional!" I could not have expressed myself better.
   
   You know, after the first reading of Part-Time Real Estate Investor I was not satisfied. I realized I need a second reading. I was so much overwhelmed by the book having finished the last chapter that I was thinking of it the whole night. The whole business turns out to be quite a nice deal to try and there are no limitations! Real estate investors get to be rich by learning from their mistakes, and by not giving up after the first failure. Paraphrasing Margaret Thatcher's famous words, I want to say that you have to sell/buy a house more than one to get rich. And frankly, that seems not a very hard work to do...
   



4. 
   The Part-Time Real Estate Investor: How to Generate Huge Profits While Keeping Your Day Job, by Dan W. Blacharski, is a wonderful and inspiring book that is presented with humor, information and insight for the average American that is struggling, but that dreams of something better for their life. Blacharski begins the work by focusing on his own credit-worthy shortcomings in an entertaining method that millions of people can relate to and that serves to lay a foundation for the belief that anyone with the commitment to changing their life can do so through knowledge. That knowledge, in Blacharski's book, relates to the real estate market and how the acquisition of property can progressively provide a source of income for people that will lead to financial security and stability. This is not a guide that suggests that the reader will be rich overnight, but instead a guide that uses facts to support all of the information that is provided and that offers a step-by-step manner of approaching the topic. The writing is not only filled with the first hand knowledge of the author, it is engaging and inspiring. In a world in which most people are told that they have to accept whatever socioeconomic barriers that confront them, Blacharski is capable of opening his reader's eyes to the possibility that there is another path that can be taken and that, with a little determination and knowledge, anyone can do it.



5. You gotta love a guy who opens a book about part-time real estate investing with the information that he hasn't "had a real job in 15 years." Dan W. Blacharski then proceeds to explain in exhaustive detail how you, in 15 years (perhaps less), can write the same sentence.
   
   Among the many things you'll learn from reading The Part-Time Real Estate Investor: How to Generate Huge Profits While Keeping Your Day Job is the fact that while the shortest distance between the two points (idea and success) isn't really all that long, the actual path can be long and winding and you should, first and foremost, prepare yourself for a less than instantaneous journey.
   
   "There may well come a point when you will be working only a few hours a day and taking in millions," he writes, "but that point is not today. It will take a lot of hard work to get there."
   
   You will also learn that in many ways, bankers and real estate agents are not going to be your best friends in this investment endeavor of yours. In fact, Blacharski will explain, they will often be at odds with your goals. Real estate agents earn commissions from the sale of a home and are likely, therefore, to view alternative methods of purchasing real estate with considerable skepticism. Banks are in business to make money. They are not in the business of making you money, so like the real estate agents, they will tend to view any creative financing ideas with the same sort of skepticism. Alternative methods of purchasing real estate and creative financing ideas are the backbone of the method(s) that Blacharski details in the book.
   
   He walks you through it all, clearly and concisely, detailing all of the alternatives and creative financing arrangements that are available and desirable to the potential, part-time real estate investor. What seems clear is that many of the people who've trod this path (i.e., those who've made initial investments and parlayed the profits into millions) did so by using some combination of the techniques outlined in this book.
   
   What is not so clear is whether you, dear reader, will be able to do the same thing, especially if the plan actually entails maintaining a full-time `day job' while you explore the possibilities inherent in real estate investment. To his credit, Blacharski makes no claim, offers no guarantee and doesn't climb on a media soapbox claiming that you're going to be a success through the simple application of the principles he outlines. He tells you upfront that it's going to be hard work and in many cases, will involve failure. He recommends that you absorb such failure and soldier on, using each instance of failure as a lesson learned, not to be repeated.
   
   If there's a concern about how this information is laid out for you, it's that it has a tendency to come at you like a comfortable shower, which is all well and good, as long as you don't have to pay strict attention to and retain a specific memory for each drop of water that lands on you. It's just a lot to absorb in a single setting, or two even, or even the amount of time it would normally take you to read a book. Without a photogenic memory, you're going to have to go back and re-visit the concepts and specific details of each situation in order to effectively utilize the strategies and tactics that Blacharski has outlined in this book. Some of it, of course, will come with experience, but even initial experiences with this investment route will need to be supported by a strong knowledge base that can't realistically be learned simply by reading the book.
   
   This is not necessarily a bad thing. The devil, as we all know, is in the details, which, no matter how clearly Blacharski outlines them (and he does do that), will still be your responsibility to execute. Bearing this in mind and being aware that this book is a blueprint, not the finished `building' of wealth that you, as a potential part-time real estate investor, are seeking, the 290 pages of clearly articulated and well-written information are well worth your time.

5 comments about Making Big Money Investing In Foreclosures Without Cash or Credit, 2nd Ed..

1. Making Big Money Investing Foreclosure is a must read for any investor looking to expand their knowledge of the forclosure market.
   
   This book explains process of working with PEOPLE through their forclosure problem so they can get to a better place in an ethical manner. The web information provided via this book is very useful for understanding the forclosure in my state and in other ones.
   
   Actually ideas expressed in the book are even helpful in a regular real estate transaction.
   
   The MFG coaches that are eluded to in the book are the best I have met.
   
   My Thanks goes out to the Author for sharing his time and energy in putting this book together.
   
   -David



2. Just finished reading Peter Conti's Making Big Money in Forclosures, 2nd Edition and I thought it was great! If you plan on investing in the forclosure market any time soon you should do yourself a favor and read this book so you will have the very latest information available. Thanks again Peter! James Stokes



3. This book was very easy to read, understand and to comprehend.
   The author explains things very well and in laymen's terms.
   I highly recommend this book to anybody wants to get a headstart working with foreclosures



4. There are many good ways to buy properties in this book but, some seem a little sketchy. They really push keeping the houses for your future, but do you really want to be a landlord, I don't and would rather sell and move on, who wants to deal with that. I have friends with properties and it is a constant pain in the b..., if you don't know how to fix small problems yourself you will be constantly hiring someone else to fix them and there goes all your profits. Peter never talks about taxes either rather painting a great picture of profit, yes he does talk about writing off the interest, but never about Capitol Gains tax that you will have to pay when you sell the house no matter how long you own it, you don't have to pay it if you live in the house for two years but if you rent you will. There is defiantly money to be made now and in the coming years and I will use some of the resources (They give you access to there wed site for free) and ideas in this book to make some money, but think long and hard were you buy (neighborhood etc.) and if there is really enough profit in the property after you pay your real estate people, Taxes and other expenses. Good luck!!!



5. This is a remarkably bad book. The advice takes the form of vague concepts - there's not one practical course of action laid out in this book in a usable form, but you'll get a lot of anecdotal ramblings about the author's big successes exploiting one-time opportunities in contrived scenarios. Legal considerations? Nope, look elsewhere.

5 comments about Enhancing Trader Performance: Proven Strategies From the Cutting Edge of Trading Psychology (Wiley Trading).

1. This is the best trading book I have ever read and I am not at my first book on trading. Brett Steenbarger really touch what makes an expert trader. Recommended for every trader that want to get better and eventually become an expert trader.
   
   Great stuff



2. If you read the bullet points above, you have a good idea of what this book covers. Note that you must take these bullets LITERALLY! Where it says discusses, explores, and introduces ... don't expect anything more.
   
   My grouse with this tome is that I have almost finished it and still have not learned how to coach myself "with practical cognitive and behavioral techniques that rapidly change problem patterns and build new, positive ways of thinking and behaving".
   
   If time is money, then the value of this book goes down because it is unnecessarily long winded. As such I can only give this 3 stars.



3. As a new trader 'Enhancing Trader Performance' is more important than the market methodology books I'm learning. It is very relevant, structured and complete, the Resources for Performance section is absolutly wonderous. Thank-you Brett.



4. I read this book on a recommendation from a friend who used to work with Mr. Steenbarger. The book was both insightful and useful, especially in regards to developing metrics to track and evaluate my own performance.
   Also, after being introduced to Mr. Steenbarger through our mutual friend, he gave me some very relevant advice and coaching in getting my professional career as a hedge fund analyst on track.
   Thank you for both your contribution to the literary field on trading and your personal help Brett.



5. Finally abook about trading that expresses the thought that you should consider the trading method that suits you ..... not try and fit into a trading method. I enjoyed the way Brett wrote this book as it was full of useful information and challenged me in many parts to review my own traidng agenda. Good Book....

5 comments about Conquer the Crash: You Can Survive and Prosper in a Deflationary Depression.

1. page 129 - "one can imagine a scenario in which the fed, beginning soon after the onset of deflation, trades banknotes for portfolios of bad loans, replacing a sea of bad debt with an equal ocean of banknotes, thus smoothly monetizing all defaults in the system...". that's what happened when the fed recently bailed out some investment firms! it's prophetic. this guy is right on track, and it's about the ONLY book on amazon that is this accurate. ya know, there's a negative review on this book written by someone in florida - you should hunt it up. the negative reviewer pokes fun at this book's conclusion about the housing market. bet he's not laughing now!



2. ...and depression for at least the twenty years I've been watching him...does anybody EVER look at his success rate?...about twenty years ago he made something like a million dollars trading futures based -- so he claimed -- upon Elliott wave theory...he then invested that money entirely in treasury bills and started a stock market advisory newsletter...he has been significantly correct ONCE -- TWENTY YEARS ago...if you had followed his advice since then you would probably have gone broke...and he, himself, admits that he keeps his money in treasury securities and doesn't invest according to his own predictions...now, MAYBE he'll be correct again -- SOMEDAY...but do you really want to follow the advice of someone who's right -- MAYBE -- every twenty years?



3. I don't know where he is today but the author couldn't be more wrong in his predictions for 2002 or is he just off by 7 or 8 years ? Had he wrote this two years ago about 2008/2009 he would have be heralded as an economic prophet. Its completely uncanny that he describes, in the most precise detail, what 2008 looks like but, unfortunately for him, he is predicting todays scenario to happen in 2002/2003. It didn't of course. We not only did not experience a credit bubble but the 2001 Recession turned into a bull, quite the opposite of the authors prediction of a major depression. Of course he could excuse his error today by saying that he wasn't 100 % certain on the time frame, that he did mention a slight chance that it could happen later...at any time really, but such Delphic predictions are absolutely meaningless in their ambiguity. Even a stopped clock is right 2 times a day. I mean, eventually all stock markets along with our solar system get sucked into the sun in 2 billion years. In any event, the author does a great job in explaining the Fed and monetary phenomenon and policy but like pretty much anyone who tries to predict where its all going with technical analysis (ie graphical trend lines) we can see now that he fails and there is no reward for failure in economics. I must confess however that I am defiantly prejudiced against technical (graphical) market analysis as a predictor. I'd recommend this book out of a library for a educational read on the mechanics of money and banking, but not to buy. It's just too old and embarrassingly wrong at its predictions that can now be seen in hindsight.... but then again what an uncanny resemblance to the banking debacle of today ! If one could just add 6 or 7 years to the authors predictions it would be a world best seller to be sure !



4. Must admit I'm only a bit more than half way thru the book.
   However, I bought it after reading other positive reviews & I'm not
   disappointed. The premise is SAFETY with your capital.
   The horrendous machinations we're seeing today in the world of finance was predicted by the author 4 years ago. His recomendations for safe havens for your money are excellent.
   
   Gives methods to determine strength of your bank & money markets as well.
   Well worth the purchase price. Get into prec. metals before it's too late!



5. The author provides good practical advices on how to live through the difficult times he foresees.
   I was slightly disappointed in not finding in the book much of his "charted expectations" of how the market crash shall paly out, although he often refers to his other book ("At the crest of the tidal wave") for this. So I guess I should buy that one as well.
   Also, not much insight is given with respect to Elliot Wave theory, of whom mr Prechter is an eminent scholar. Apparently the only book the author wrote to provide it is "Elliot Wave Principle".

3 comments about Candlestick Charting For Dummies (For Dummies (Business & Personal Finance)).

1. I found this book informative. I have been interested in candlestick charting for years and I was not able to find a text that could give me simple, clear, and concise information until Candlestick Charting for Dummies. This book is just what I needed.



2. I have found many technical analysis books are written with too much jargon and are difficult to understand for the non-professional. This book simplifies everything in a well written and comprehensive guide for the layperson looking to learn about candlestick charting technical analysis.



3. Anyone who is interested in trading, whether its on NYSE,NASDAC,or FOREX like my self you buy this book. Loaded with tons of information.

1 comments about Talent on Demand: Managing Talent in an Age of Uncertainty.

1. This is one of those books that I believe can be either read independently or used as a textbook for a college course in talent management. As an independent read, if you are in a position that hires or develops employees, or if you must talk with your CEO or other C-suite team member about your organization's hiring and talent management philosophies, then this book is a must read for you. This book will give you a good grounding in the area of hiring and talent management.
   
   As our economy continues to evolve towards becoming a creative/knowledge based economy, talent management continues to rise in importance. Today's environment requires more than just the physical presence of the employee. Today's employees not only need to be physically present, they need to be totally engaged. Managing employee talent has become a critical organizational strategy and individual managerial skill. And then there are the costs:
   * The costs associated with acquiring employees
   * The costs associated with developing employees
   * The costs associated with managing talent management risks
   
   This book is about the basic challenge of talent management - Identifying the demand of talent and then establishing a system or process that just meets that demand. Hitting the demand target must be accomplished while taking into consideration today's complexity and uncertainty during the planning and development processes.
   
   This book is comprehensive in that it presents an historical overview and puts the talent management issue into context. The talent management process is one of buying vs. developing talent. The making vs. buying cycle is driven by the larger product, economic and available labor cycles. Using the theories and practices from operations research, the author looks at how the talent management process could be made more efficient and cost effective. According to the author, by using innovation and execution talent management can become a source of competitive advantage.
   
   If you read just one talent management book this year, I would recommend that it be this book.