Sometimes the largest danger of all is taking one, and the have to be certain you make the precise selection truly will increase the danger. The market shouldn’t be environment friendly and hedging doesn’t work. To depend on charts to grasp the market is Mamis’ means. The writer is a wonderful market technician who presents sound monetary steering and insights into the ready thoughts. He will get your pondering going with a snug funding philosphy that can usually go towards conference. There are sufficient anecdotes, battle tales, and charts to make for sound advise. The path to market freedom is approach, and also you don’t need to be one of the perfect merchants to succeed with expertise. It appears to me that all the 1990s have confirmed the ambiguities of market language and function in such a world. You will know maintain danger at bay which most of us discover to not be a simple job. 241 pages.
About the Author
After serving as Assistant Director of the NYSE Floor Department, Justin Mamis based and edited The Professional Tape Reader in 1972, promoting it in 1977 to its present editor with ideas of retirement. Instead he spent a number of years as an “upstairs” Member-Trader for Phelan, Silver, an NYSE specialist agency and subsequently settled into his roles as market advisory letter author, forecaster, and thinker on behalf of Wertheim & Co., after which Gordon Capital. He then grew to become Senior Vice President and Chief Market Technician at Hancock, the place he wrote his weekly Mamis Letter. Quotes from the Mamis Letter seem steadily in Barron’s and The Wall Street Journal and his usually heretical and often grumpy feedback may be heard sometimes on CNBC. Among his credentials he has been voted for a number of consecutive years to the Institutional Investor “All-Star Team” within the classes of Market Timing and Market Technician. Justin continues to write down his market letter and do forecasting and philosophizing.