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Title: Martin Zweig's Winning On Wall Street by Martin Zweig ISBN: 0-446-67281-5 Publisher: Warner Books Pub. Date: 01 June, 1997 Format: Paperback Volumes: 1 List Price(USD): $19.99 |
Average Customer Rating: 4.32 (19 reviews)
Rating: 5
Summary: Really a winner : No questions asked
Comment: I read this book in August 2001 and wished that I had read this book in 1998. Not that I would have paid much attention then, but surely it would have saved my hard earned money. This is one of the greatest books I ever read and I highly recommend it.
Just read first few pages of the book and this whole mania that took place will make sense. and they you ll know where all that paper money has gone. In the pockets of those who read and wrote masterpieces like this, and understood and followed what he was saying.
Just one , the very first chapter would convince you he is a master. He clearly forecasts what would happen once a bear market arrives, and even that when it would come.
Only regret is that in bull mania of those gone years, I missed this book. Next time when it comes, Mt Zweig would have me ready.
Thank you Mr. Zweig
Rating: 4
Summary: Quick Read; very informative; not boring
Comment: This book is a quick and interesting read, and Zweig does a good job of demonstrating and describing his strategies and models to the everyday, stock market layman. This book, and others by Zweig, have been and were recommended to me by several money managers, whom I know to be very successful in their careers. The thing I will take most from this book is Zweig's instruction on how he uses contrarian indicators (specific ones that he finds the most critical) to predict market behavior.
Rating: 3
Summary: Zweig's Indicators are Not Infallible
Comment: Even though Zweig's prime rate indicator has performed well in the past (giving excellent buy/sell signals); it would not have kept you out of the recent bear market. For example, using this indicator alone (which Zweig recommends you can do), you would have been invested in the market on February 1, 2001 (the last buy signal). As a result, you would have suffered the market's incredible drop (as the sell signal never occurred). I haven't backtested his other indicators (or super model) on recent market data, but, I am assuming that these indicators also failed (please let me know if I am wrong). One never expects 100% accuracy, yet, on the otherhand, you want an indicator to do its job when its necessary. Conclusion: technical/monetary indicators are not infallible, not even Zweig's.
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Title: Reminiscences of a Stock Operator by Edwin Lefèvre, Marketplace Books ISBN: 0471059706 Publisher: John Wiley & Sons Pub. Date: 11 May, 1994 List Price(USD): $19.95 |
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Title: Market Wizards : Interviews with Top Traders by Jack D. Schwager ISBN: 0887306101 Publisher: HarperBusiness Pub. Date: 27 January, 1993 List Price(USD): $17.00 |
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Title: The New Market Wizards : Conversations with America's Top Traders by Jack D. Schwager ISBN: 0887306675 Publisher: HarperBusiness Pub. Date: 26 January, 1994 List Price(USD): $17.00 |
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Title: How To Make Money In Stocks: A Winning System in Good Times or Bad, 3rd Edition by William J. O'Neil ISBN: 0071373616 Publisher: McGraw-Hill Trade Pub. Date: 23 May, 2002 List Price(USD): $12.95 |
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Title: Economics in One Lesson by Henry Hazlitt ISBN: 0517548232 Publisher: Three Rivers Press Pub. Date: 14 December, 1988 List Price(USD): $11.00 |
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