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Description of Technical Analysis Plain and Simple 2e

Technical analysis is a hot topic for investors right now and offers powerful, objective tools for picking stocks and making money--but most explanations of the subject simply confuse investors instead of enlightening them. In this clear, practical book, Barron's columnist Michael Kahn introduces technical analysis in simple English. Kahn explains exactly how technical analysis works, then teaches you how to read charts and translate what they tell you into real buy and sell decisions. The fully updated Second Edition contains many new examples reflecting major market changes since the First Edition: 9/11, equities bear markets, commodities bull markets, changing interest rates, and more. Step by step, Kahn illuminates the basic theory of technical analysis, demystifies its jargon, outlines its core techniques, and shows how to use it to complement (not replace) the reader's current approach to stock selection. He explains trendlines, chart patterns, and corrections; reveals what makes a stock look promising; and helps to assess potential risk and reward.

Title Information

ISBN:

9780131345973

Pages:

352 pages

Format:

Hardback

Product Code:

23768

Publisher:

Pearson Education (US)

Published:

15/06/2006

Edition:

2nd Revised edition

Press and Industry Reviews

"This book is an excellent primer. As a proponent of the art-versus-science school of technical analysis, his primary focus is on the practical aspects of chart reading and how to translate the intelligence derived from charts into investment decisions. If you have ever wondered what technical analysis is, or how you could start doing it, this is a good place to start."
- John Bollinger, CFA, CMT, President, Bollinger Capital Management

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About Michael Kahn

Michael N. Kahn has been charting the markets for more than two decades as a product designer, analyst, and teacher. He writes extensively for wide investment audiences, both in his proprietary newsletter Quick Takes Pro and in columns for Barron's Online and was formerly the chief technical analyst for BridgeNews, a division of Bridge Information Systems, a leading source of global financial information, transaction and network services. Kahn is a widely sought-after guest on financial television networks for both his accuracy and his ability to clearly explain markets. He is a board member of the Market Technicians Association, and author of Technical Analysis Plain and Simple, First Edition (FT Prentice Hall) and Real World Technical Analysis (CRB Publishing).

Contents of Technical Analysis Plain and Simple 2e

Acknowledgments
About the Author
Preface
About This Book
How to Get the Most From This Book

Part I: A Few Things You'll Need to Know Before You Begin

1. Required Background
2. What Is Technical Analysis?
3. What Is a Chart?
4. Jargon You Cannot Avoid


Part II: The Core of Chart Analysis

5. Concepts
6. What Are Supply and Demand in the Markets?
7. The Trend Is Your Friend and So Are Trendlines
8. See the Forest and the Trees
9. Chart Patterns - When the Market Needs a Rest
10. Chart Patterns - When the Market Is Changing Its Mind
11. Chart Patterns - Explosions
12. Corrections in Perspective


Part III: Technical Analysis in the Real World

13. What Is There Other Than Price?
14. Volume
15. Time
16. Sentiment
17. Fundamental Analysis Really Is Technical Analysis
18. Just What Makes a Stock (Bond, Commodity) Look Good?
19. Risk Versus Reward - Is This Stock Really Worth It?
20. This Isn't Brain Surgery


Part IV: The Actual Process of Investing

21. OK, Now Do It!
22. How to Know if You Are Wrong
23. Sometimes Being Wrong Is Good
24. When to Sell
25. Bear Markets
26. A Word About Your Ego


Part V: Tools and Case Studies

27. What Do I Really Need to Get Started?
28. Building Your Technical Toolbox
29. Final Advice
30. Case Study - The Perfect World
31. Case Study - The Real World
32. How Good Is Your Broker's Stock?


Part VI: Further On Down the Road

33. Introduction to Candlesticks
34. Cycles
35. Elliott Waves
36. Technical Terms You May Have Heard
37. Debunking the TV Analyst

Fun with Jargon
Closing Thoughts
Index