Stock-market

With the search among investors for higher yield and with the asset class being one of the notable outperformers in the recent equity market upturn, Santiso's book on emerging markets (notably Latam) could not have arrived at a more opportune time. Generally speaking, it overviews the most significant empirical findings associated with emerging markets over the past two to three years, locating them within the context of a number of distinct themes. So if one is looking for a comprehensive treatment of the asset class, notably from an academic's perspective, this book is well worth the read. The editor's synopsis is accurate in terms of its overview of the main contents of the book.
The only problem I had with the piece is the editing job. There are a few spelling mistakes, misplaced uses of punctuation, and the odd sentence that must be read several times in order to realise its main import. I suspect if a proper editing job was undertaken in the main text (the footnotes are superb and very informative)the quality of the book would be enhanced significantly.
The book is probably of less use to practitioners but this was probably not Santiso's intent. In any case, thoughtful fund managers or equity strategists would clearly find the book informative, probably compelling them to conduct further readings in the literature noted in the footnotes.

"indeed, Dow Theory, while credited to Charles Dow, was actually first put together by S.A. Nelson in the book The ABCs of Stock Speculation."

This reviewer's comment above is a bit misleading. The Dow Theory, as explicated in chapter's IV thru XX of Nelson's book, are actually abridged editorials written by Charles Dow (that orignally appeared between Dec 14, 1900 and July 31, 1902). Nelson in his book accurately attributes Dow Theory to Charles Dow, who was editor of the Wall St. Journal at the time.

Nelson's contribution to Dow Theory was the act of compiling Dow's editorials; William Hamilton (Stock Market Barometer, 1922) and Robert Rhea (The Dow Theory, 1932) were so impressed by Dow's ideas about how markets work that they were keenly interested in documenting his ideas in print, as well as extending those ideas.

With a plethora of investment books circulating the world these days, finding a book that simply described supply and demand and trading techniques was a God send. Tom Dorsey's book "Point and Figure Charting" was like a breath of fresh air. I quickly understood how supply and demand worked and how stocks were influenced by market risk and direction. I had been operating under the impression that stocks moved on their own, an impression that proved wrong and that was reflected painfully in my portfolio. Point and Figure Charting is in itself very "user friendly". Tom Dorsey presents it in such a way that the average investor can understand and easily grasp the Point and Figure Charting concept. At no time did I feel it was over my head or that I'd never understand the concept. By the time I finished the book, I understood how the market worked. I keep the book by my side constantly and refer to it as an investment bible. The chapter on the Point and Figure indicators alone is invaluable. Once you know where the market is going, the real market not the Dow, it makes selecting stocks incredibly easy. My trading and portfolio averages have increased over 50% by reading this book and by applying everything I've learned. It may be too much to say I've found the Holy Grail in investing with Tom Dorsey's book....but I have proof in my portfolio and for me, that is all I need. Thank you Tom!

Like many other people, in the last 15 years I made a pile of money only to give it all back. Clearly, the odds of winning were stacked against me. I neglected to study business in my college career so I decided to read up as on equity analysis. I've been through 30 plus highly-rated books and thousands of magazines and web sites, and Dorsey is at the top. His books are well written and understandable; his tools and methods are the best.
His method is based on supply and demand. If institutions and individual investors favor the stock or sector, the demand will cause the price to rise; if they disfavor the stock or sector, the supply of stock to sell will outweigh the demand and the price will sink. He charts the supply and demand tug of war for stocks, funds, sectors and the market. You can find a stock chart and fundamental data anywhere. He gives you comprehensive and powerful tools no one else has.
I took advantage of the 3 week free trial to his website, and reviewed the archives of their "from the analyst" daily market report. They do get you into and out of the market and sectors in a timely fashion. Last year, in May 2001, they explained to their clients that the market was overbought and due for a correction. They would have had you out until September 24th, when they told you the market was extremely oversold to a degree only seen 14 times since 1955. Dorsey's tools and methods give you the courage to buy at bottoms and sell near tops.
Dorsey and crew follow a top-down approach: market, sector, fundamentals, and technicals. He tells you to build a watch list of fundamentally sound stocks, then wait until the time is right to buy (and sell). I am truly surprised that more people have not heard of him. I think the deep-seated bias against technical analysis is the reason. Dorsey does not skip the fundamentals, he joins them to the technical picture of supply and demand, and overbought and oversold levels, to help you stack the odds in your favor.
My highest recommendation is this: I bought this book for my dear old dad. He cannot afford to take another financial hit, and I think Dorsey's analysis and tools will help him.

Not without flaws, but a damn good trading book. The author presents 3 methods, which are probably fairly well known, but to have it clarified and presented with examples certainly would help a trader add another tool to their box. I did notice plenty of varied entries and often vague exits, which may have been a result of curve fitting to the examples. However, it is of a minor concern.

First off, I'd like to say that for someone who loves technical indicators like the MACD and Parabolic Sar, I really enjoyed this book. Having read many books where technical indicators are simply described on their individual merits, it was wonderful to find a book where the author actually presented some systems in a concrete and clear manner.

I'm sure you'll find this book very clearly written, with the 3 systems clearly illustrated with examples on the entry method along with a few exit methods.

Before explaining his systems, the author presented some quite introductory materials on the technical indicators used - this is good and systematic, and certainly helps the beginner, but if you are an advanced trader with clear ideas of your own trading system, you may not find this book so useful.

TOM MADE A VERY HIGH QUAOLITY SMALL AND HONEST BOOK.

HOPE HE MAKES ONE FOR PLAYING FOR KEEPS IN OPTIONS.