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I think this book is a must read, I liked it so much that I bought the audio book as well as the printed version. This book imparts good knowledge about economic cycles and how to capitalize from it using Fundamental and Technical indicators; both are well explained.
If you are a great institutional or public money manager, you could be skeptic about timing the market, however, for the average person this book gives an excellent context of the markets, which asset class to be invested in during a specific market phase and how to recognize that a phase is shifting and adjust your investments accordingly.
7 of 7 people found this review helpful
I would have thought this to be an abridged version due to the lack of depth. Less a "definitive guide" than a fairly interesting overview indicating additional areas for study. I would think this to be disappointing for anyone with some reasonable grasp of economics and market analysis but, perhaps, useful for a novice. The greatest value may be in revealing to the casual trader this undeniable fact: reaping profits by timing the market with any consistency is very nearly impossible.
8 of 10 people found this review helpful