Technical Analysis: Power Tools for Active Investors

Summing Up

Chapter 1 reviewed techniques for selecting stock market investments, some underlying principles of mutual fund selection, and a specific procedure by which you are very likely to outperform the typical mutual fund and the stock market indices in general.

This chapter examined two fully objective weekly indicators that have had long-term histories of outperforming the stock market when they were invested, while reducing risks associated with buy-and-hold strategies.

If you go no further, you have already probably acquired the means to improve both your stock and mutual fund selection results and your general market timing. Your task is to apply what you have learned.

We now proceed to more nuanced tools for reading and interpreting ...