Asset Allocation Techniques and Financial Market Timing [Hardcover]

Carroll D. Aby (Author), Donald E. Vaughn (Author)

Book Description

ISBN-10: 0899307612 | ISBN-13: 978-0899307619 | Publication Date: July 30, 1995

A highly readable, logically presented, unique guide to asset allocation strategies and technical analysis, this work covers numerous investment alternatives including mutual funds and fixed income securities. Aby and Vaughn provide a comprehensive examination of point and figure charting and vertical bar analysis, combined with an approach that both improves timing and emphasizes the minimization of errors in data interpretation and investment decision making. The authors discuss ways to estimate price targets and provide unique forecasting methods for fixed-income and aggregate equity markets, using an intermarket perspective. This is an important and useful resource for professionals and other knowledgeable investors. Throughout the book, Aby and Vaughn challenge conventional and acceptable academic thinking. Through emphasis on smaller, more obscure capitalization issues, they reduce complex concepts to a highly readable framework pervaded by comprehensive coverages of a large number of investment options. Major topics featured include the illustration and application of critical concepts underlying vertical bar chart analysis; extensive coverage on contemporary strategies that improve timing and challenge past criticisms of point and figure charting; a unique approach utilizing the point and figure charts to reveal how mutual fund selection can be improved; and intermarket technical analysis, a method through which movements in bond prices and yields are predicted.

Editorial Reviews

Review

“Charting techniques are making a comeback in investment circles; thus this volume is very timely. The book's strength is its liberal use of helpful illustrations for the various charting techniques. The authors present and excelent treatment of both vertical bar and point-and-figure charts, but especially so for the latter. Suitable for all students of the financial markets, both academics and practitioners, the book fills a void in the literature since material on point-and-figure charts is difficult to find in financial reference materials today. Written on a level that undergraduate students can easily understand, the book will find a place in investment-related courses that investigate the field of technical analysis.”–Choice

From the Publisher

Charting techniques are making a comeback in investment circles; thus this volume is very timely. The book's strength is its liberal use of helpful illustrations for the various charting techniques. The authors present and excelent treatment of both vertical bar and point-and-figure charts, but especially so for the latter. Suitable for all students of the financial markets, both academics and practitioners, the book fills a void in the literature since material on point-and-figure charts is difficult to find in financial reference materials today. Written on a level that undergraduate students can easily understand, the book will find a place in investment-related courses that investigate the field of technical analysis.

See all Editorial Reviews

Product Details

• Hardcover: 376 pages
• Publisher: Quorum Books (July 30, 1995)
• Language: English
• ISBN-10: 0899307612
• ISBN-13: 978-0899307619
• Product Dimensions: 9.1 x 6.2 x 1.4 inches
• Shipping Weight: 1.6 pounds (View shipping rates and policies)
• Amazon Best Sellers Rank: #3,602,383 in Books (See Top 100 in Books)

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