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Title: A Bad Analysis of Stock Market Action
Review: This book advocates the use of stock charts in making investment decisions-that's the good part. It didn't explain how to time the buys and the sells of the investments-that's the bad part. If your going to use charts in stock market decisions, you may be right a certain amount of the time, but your also going to make mistakes. Ted never explains how to handle situations when your wrong, which will inevitably happen(it happens to everybody including Warren Buffett). In fact, Ted believes you should let the loss ride until you are finally proven right(or broke). Overall, a poor investment philosophy.
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