30 of 31 people found the following review helpful
A true technical analysis classic,
By A Customer
This review is from: Intermarket Technical Analysis: Trading Strategies for the Global Stock, Bond, Commodity, and Currency Markets (Hardcover)
There is very little information out there on Intermarket analysis (see Martin Pring's "All Season Investor" and Murray Ruggiero "Cybernetic Trading Strategies" among the few to offer info in this niche). Turns out the Intermarket form of technical analysis is among the most important in analyzing the economy and the various links between financial sectors. It's a key to deciphering the intermediate and longer term trends (& with Ruggiero, possibly short term trends). Amazingly, nearly all high paid economists and many financial market analysts get it wrong, but the markets collectively don't by definition. (You can't trade an economist, there is no "economic futures index", and the economists generally aren't traders since they don't know how.) Once you have the basics of technical analysis under your belt, this book is a pivotal and necessary step forward in an education towards deciphering the increasingly interrelated worldwide financial markets. A must read, but only for the serious investor. Too complicated and difficult to use for the dilettante. I wish John would do a "year 2000" update just to freshen up the charts, but the basic relationships haven't changed much and the lessons are still totally valid.
Intermarket Technical Analysis: Trading Strategies for the Global Stock, Bond, Commodity, and Currency Markets(16 customer reviews)