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ISBN: 0930706269Издательство: Seek It Pubns
This is a book about probabilities in the stock market. Specifically this book covers the entire history of the New York Stock Exchange (1789-1997) as well as the Japanese Nikkei Stock Index (1949-1997). It identifies 15 long and short-term recurrent cycles, and the types of patterns which unfold in each. It explains not only WHEN a market is likely to form an important crest or trough, but also HOW that cycle will unfold. It outlines the bullish and bearish phases of each cycle, tells which is operativeat any given point in time, and how to tie that cycle in with the larger cycles for various investing or trading strategies. The 25 carefully constructed tables alone make this an invaluable resource for traders and investors alike.