March 1999
BOOKS FOR TRADERS 

Technical Market Indicators: Analysis & Performance (426 pages, $69.95 hardcover, 1998, ISBN 0471197211), by Richard J. Bauer Jr., Ph.D., CFA, and Julie R. Dahlquist, Ph.D., published by John Wiley & Sons. The use of technical market indicators has long been a controversial subject, highly regarded by some and treated with great skepticism by others. Yet the number of indicators -- and the number of individual investors and finance professionals using them -- continues to grow. This book is a unique study of the performance of many of the most widely used technical analysis indicators. The authors explain which indicators work best and why, providing a clear picture of what the investor is likely to experience when using technical analysis.


The Math Behind Wall Street: How The Market Works And How To Make It Work For You (120 pages, $18 hardcover, 1998, ISBN 1568581114), by Nicholas Teebagy, published by Four Walls, Eight Windows. Are you intimidated by the investment risks and technical jargon of the stock market? Or perhaps you're already an expert on the numbers; do you know everything there is to know? The author speaks to both players and coaches on all levels of the playing field. Beginning with a broad spectrum of terms and concepts such as statistics and probability, covariance and correlation, the book builds on each lesson to prepare the reader for more challenging ideas, such as the Garch model and neural networks.

How to Get Started In Electronic Day Trading: Everything You Need To Know To Play Wall Street's Hottest Game (223 pages, $24.95 hardcover, 1999, ISBN 0071345663), by David S. Nassar, published by McGraw-Hill. Until recently, the gates of Wall Street seemed to be locked tight to the average investor. But electronic direct access trading puts all traders, from individuals at their PCs to multibillion-dollar professionals, on level footing. This book takes you to the leading edge of today's electronic trading technology. Regardless of the prevailing market sentiment -- bull, bear or sideways -- its techniques and strategies will help you take advantage of the profit opportunities that occur every trading day.


The Conservative Investor's Guide To Trading Options, revised and updated (207 pages, $34.95 hardcover, 1998, ISBN 0471315850), by Leroy Gross, published by John Wiley & Sons, with an introduction by Larry McMillan. Originally published almost a decade ago, this resource is authoritative yet accessible for investors looking to further their investment goals with options. Now, with a new introduction by best-selling author Larry McMillan, this work has been updated to help current practitioners garner the same rewards reaped by investors in the past. From buy stock/write call to sell stock/buy call, the strategies covered are designed to help investors increase stock income, reduce stock risk, and seek stock profits. In addition to recommended systems, Gross also points out those that investors should avoid.


Trouncing The Dow: A Value-Based Method For Making Huge Profits (284 pages, $24.95 hardcover, 1998, ISBN 0070383014), by Kenneth Lee, published by McGraw-Hill. In many complex areas, the best approach is often the simplest. Successful investing is no different. While many other books use elaborate formulas and statistical sleight of hand difficult for even mathematicians to comprehend, this book outlines a simple investment method that helped investors earn an average annual return of 28% from 1973 through 1996. The benchmark investing strategies presented here would have achieved results about 16 times greater than the DJIA. What is benchmark investing? It's a value-investing method for buying quality stocks at their lows and selling at their highs.

A Traders Astrological Almanac 1999 (129 pages, $95 paper, 1999), edited by Jeanie Long & Thomas Long, published by Professional Astrology Service. This book is written for traders; no previous knowledge of planetary cycles is needed to benefit from reading it. Planetary reversal dates (which translates into market reversal dates) are marked in calendar format in this easy-to-read book. Filled with technical articles from financial analysts and researchers who use planetary cycles, this book illustrates astrotrading tools to give you an edge in trading and investing.


Trade Your Way To Financial Freedom (343 pages, $29.95 hardcover, 1998, ISBN 0070647623), by Van K. Tharp, Ph.D., published by McGraw-Hill. Subtitled: Van Tharp's Secrets To Searching For The Holy Grail In The Market, Finding A Trading System That Works For You, Selecting A Time Frame And Market. Traders spend entire careers trying to crack the code to trading riches. The list of potential strategies is endless: high-probability entry signals, volatility breakouts, one-size-fits-all trading systems, and more. In this book, Tharp explains that the Holy Grail of trading is not some mysterious trading system that delivers incredible trading profits with little or no risk. The author's research shows that the secret is different for each trader, and can be uncovered quickly and plugged into every trading program with surprisingly little effort.

The Only Investment Guide You'll Ever Need (English edition, 256 pages, $13 paperback, 1999, ISBN 0156005603; Spanish edition, 288 pages, $14 paperback, 1999, ISBN 0156005999), by Andrew Tobias, published by Harvest Books/Harcourt Brace. The original edition of the book was published in 1978 and became a best-seller. Author Andrew Tobias offers a witty, commonsensical approach, leading readers through the intimidating maze of stocks, options, life insurance, and more with humor and honesty. Tobias frees readers from "money intimidation" at a time when the world of personal finance grows ever more confusing. Tobias is a respected personal finance expert and is the author of several books and software programs. He has received awards and accolades for his previous works.


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