Saturday, May 3, 2008
Bear Market Investing Strategies (Wiley Trading) by Harry D. Schultz
Product Description
A fresh look at proven ways to protect your wealth from the author of the classic Bear Markets book
Harry Schultz has been identifying bear market warning signals and teaching people how to prepare a profitable survival portfolio in light of these signals for over thirty-five years through his highly acclaimed newsletter, The International Harry Schultz Letter, which reaches subscribers in over ninety countries. The 1960s' classic book Bear Markets has been fully updated and revised to reflect the unprecedented changes taking place in today's volatile economic environment-making it extremely relevant to the current financial market. This book provides the necessary tools for investors to construct a portfolio that will allow them to protect and grow their money under the most severe bear market conditions through technical analysis and models of numerous bear market variables. Bear Market Investing Strategies offers practical and approachable strategies that every investor needs today.
Product Details
Amazon Sales Rank: #547210 in Books
Published on: 2002-07-19
Number of items: 1
Binding: Hardcover
256 pages
Editorial Reviews
Review
“…a truly brilliant compact tome which I expect will be an acclaimed classic even in 50 years time…” (www.erivativesreview.com, 18 November 2002)
Download Description
"The first investment book I ever read - in the late 1960s - was Harry Schultz's Bear Markets. After watching the late 1990s lunacy and inevitable fallout, I feel every market student and investor should read a great book on bear markets and thus become wise through the printed word not later through painful disillusion. To the rescue at the right time again comes Harry's new take on the subject, Bear Market Investing Strategies. Full of wisdom and practical advice, this book is an utter necessity for anyone who wants to learn how to make money in all market trends, not just rising ones." ?Robert R. Prechter, Jr., President, Elliott Wave International "Harry Schultz probably has more bear market experience than anyone...and plenty of experience in pseudo-bull markets too. Now, he's come up with a book that can be very important for investors at this awkward stage of the world economy and market. Buy the book?it could save you a lot of money." ?Bill Bonner, Daily Reckoning Newsletter and market analyst "Harry is a worldwide respected guru and market analyst. A major character in my novel, The Moneychangers, was based on Harry. His new street-smart book is the right medicine for this market. From this long-time admirer, I hope his latest investment wisdom will find the large audience it deserves." ?Arthur Hailey "Harry has come up with what people NEED most at this awkward stage of the world economy and markets. This book covers a variety of advices to help you make the right decisions. Who could ask for more?" ?Jim Sinclair, Ex-NY market marker, Chairman, Tan Range Resources.
Book Info
Full of wisdom and practical advice, this book is an utter necessity for anyone who wants to learn how to make money in all market trends, not just the rising ones.
Customer Reviews
Not Worth the Money
Save your money for something more useful. There is nothing in this book that makes it worth the price. A far better book on bear market investing is "Riding the Bear" by Sy Harding. And for concepts about timing the market and investing both long and short, see Les Masonson's "All About Market Timing" and Deborah Wair's "Timing the Market."
Disappointing
If you're looking for specific methods for trading or investing you'll be disappointed. Most of his advice reads like a collection of conventional investing wisdom, with his own bent. It's almost like a theory of investing and he doesn't give specific techniques or examples. More "Look to do this or that". Much of it is vague. Lists over 20 indicators to look at, suggestions on what to look for, but there are no examples or charts. It reads like a general overview of his investing philisophy or a primer. You won't come away with any new techniques. The main theme is don't buy and hold, there are times to go short and look at the big picture.
He does touch on cycle theory and Elliot wave briefly. He list many sentiment and breadth indicators to look at or calculate. Some can be gotten through data services, others you have to calculate by hand from data from sources like Barrons. I was expecting a lot more from someone with his reputation. There was no solid material here.
Bear Market Investing
The book was very straight forward and very interesting,. I have found alot of the information was true.

