Technical analysis is a hot topic for investors right now and offers powerful, objective tools for picking stocks and making money--but most explanations of the subject simply confuse investors instead of enlightening them. In this clear, practical book, Barron's columnist Michael Kahn introduces technical analysis in simple English. Kahn explains exactly how technical analysis works, then teaches you how to read charts and translate what they tell you into real buy and sell decisions. The fully updated Second Edition contains many new examples reflecting major market changes since the First Edition: 9/11, equities bear markets, commodities bull markets, changing interest rates, and more. Step by step, Kahn illuminates the basic theory of technical analysis, demystifies its jargon, outlines its core techniques, and shows how to use it to complement (not replace) the reader's current approach to stock selection. He explains trendlines, chart patterns, and corrections; reveals what makes a stock look promising; and helps to assess potential risk and reward.
Table of contents
- Financial Times Prentice Hall
- Financial Times Prentice Hall Books
- About The Author
- About This Book
- How to Get the Most From This Book
A Few Things You’ll Need To Know Before You Begin
- Required Background
- What Is Technical Analysis?
- What Is a Chart?
- Jargon You Cannot Avoid
The Core Of Chart Analysis
- What Are Supply and Demand in the Markets?
- The Trend Is Your Friend and So Are Trendlines
- See the Forest and the Trees
- Chart Patterns—When the Market Needs a Rest
- Chart Patterns—When The Market Is Changing Its Mind
- Chart Patterns—Explosions
- Corrections in perspective
Technical Analysis In The Real World
- What Is There Other Than Price?
- Fundamental Analysis Really Is Technical Analysis
- Just What Makes a Stock (Bond, Commodity) Look Good?
- Risk Versus Reward—Is This Stock Really Worth It?
- This Isn’t Brain Surgery
The Actual Process Of Investing
- Ok, Now Do It!
- How To Know If You Are Wrong
- Sometimes Being Wrong Is Good
- When To Sell
- Bear Markets
- A Word About Your Ego
Tools And Case Studies
- What Do I Really Need To Get Started?
- Building Your Technical Toolbox
- Final Advice
- Case Study—The Perfect World
- Case Study—The Real World
- How Good Is Your Broker’s Stock?
Further On Down The Road
- Introduction to Candlesticks
- Elliott Waves
- Technical Terms You May Have Heard
- Debunking the TV Analyst
- Fun With Jargon
- Closing Thoughts
- Title: Technical Analysis Plain and Simple: Charting the Markets in Your Language, Second Edition
- Release date: June 2006
- Publisher(s): Pearson
- ISBN: 9780131345973
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