Type of bind: Hardcover
Dewey Decimal Number: 332.6320420973
EAN num: 9780849337727
ISBN number: 0849337720
Label: CRC
Manufacturer: CRC
Quantity: 1
Page Count: 840
Printing Date: February 13, 2007
Publishing house: CRC
Sale Popularity Level: 175157
Studio: CRC
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Editor's Notes and Comments:
Product Description:
Based on the research and experience of Dow, Schabacker, and Edwards, Technical Analysis of Stock Trends, Ninth Edition presents proven techniques, methods, and procedures for success, even in today’s unpredictable markets.
New and updated material on - Dow Theory and long term investing, including new tables of performance and risk
- Magee’s Basing Points Procedure, a previously little noticed gem
- The use of Edwards and Magee’s methodology in the futures and commodities area
- The Turtle systems and procedures manual for futures trading
- More than 25 new charts, each an analysis and trading lesson in itself for the modern context
- Innovative connection to internet material which makes the book easier and more informative to use at edwards-magee.com
This irreplaceable guide presents a current perspective while maintaining the time proven material of the previous editions. Technical Analysis of Stock Trends, Ninth Edition features updated and to the moment material on Pragmatic Portfolio Theory, entry and stop setting procedures at all fractal scales and includes strategic and tactical procedures and techniques.
User popularity level:
Rated by buyers 
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This is a review of the 9th edition: I would not recommend this book unless you are into the "history of technical analysis". The focus of the book is classical patterns of bar charts. The book is absolutely not bad, but it's value is a bit dubious. Why read a book that have charts that are 1/2 century old? You can't be sure that things haven't changed, can you? So the newer editions also have more modern charts. However, this combination of old and new makes for a frustrating reading. Actually I would think most book deteriorate in quality after their 3rd edition.
If you want a classic in your bookself I would really recommend you to buy a second-hand copy of the last edition written by Edwards & Magee alone. This would be the 5th edition. It has a very professional binding and clear white pages. The new edition is a very ugly and cheaply bound hardcover. This comment is only if you are into good looking books. You get the 5th edition for $5 at amazon, so it is a nobrainer!
Rated by buyers 
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A practical guide to
Technical Analysis of Stock Trends
very good!
Rated by buyers 
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I bought the book because I think it is of the latest edition (edition 9?). But obviously, it is not, although it is printed in 2008.
Amazon should specify the edition of the book!
Rated by buyers -
This book is the Bible of Technical analysis.
Technical analysis is a financial markets technique that claims the ability to forecast the future direction of security prices through the study of past market data, primarily price and volume.
In its purest form, technical analysis considers only the actual price and volume behavior of the market or instrument, on the assumption that price and volume are the two most relevant factors in determining the future direction and behavior of a particular stock or market.
Technical analysts may employ models and trading rules based, for example, on price and volume transformations, such as the relative strength index, moving averages, regressions, inter-market and intra-market price correlations, cycles or, classically, through recognition of chart patterns.
Technical analysis is widely used among traders and financial professionals, but is considered in academia to be pseudoscience.Academics such as Eugene Fama say the evidence for technical analysis is sparse and is inconsistent with the weak form of the generally-accepted efficient market hypothesis.
Economist Burton Malkiel argues, "Technical analysis is an anathema to the academic world." He further argues that under the weak form of the efficient market hypothesis, "...you cannot predict future stock prices from past stock prices."
However, there are also many stock traders who proclaim technical analysis not as a science for predicting the future but instead as a valuable tool to identify favorable trading opportunities and trends. The assumption is that all of the fundamental information and current market opinions are already reflected in the current price and when viewed in conjunction with past prices often reveals recurring price and volume patterns that provide clues to potential future price movement.
In the foreign exchange markets, its use may be more widespread than fundamental analysis. While some isolated studies have indicated that technical trading rules might lead to consistent returns in the period prior to 1987, most academic work has focused on the nature of the anomalous position of the foreign exchange market.
It is speculated that this anomaly is due to central bank intervention.
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The book is the reprint of a old edition date back 1948 with some little update up to 1963. The Amazon's Search-Inside(TM) refer to another update version of the book (9 ed.). The book's style and content is very old, the charts are hand-made and frankly speaking now it's possible to do much better and the calculation of indicators now can be exact. If you are interested to the prehistory of technical analysis a would suggest "Welles Wilder - New Concepts in Technical Trading Systems". Modern and better books are those of Achelis and Colby.
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