Rating: - McDowell Called The October 2008 Market Decline Perfectly!
I've always been a big fan of McDowell's money management approach and his book "A Trader's Money Management System" A Trader's Money Management System: How to Ensure Profit and Avoid the Risk of Ruin (Wiley Trading) -- but his market calls are equally impressive.

Listened to McDowell on the Vince Rowe radio show, [...], on Friday, October 3rd, 2008 -- and McDowell told the listeners that his Elliott Wave and ART software analysis clearly was showing a 1,000 point decline in the immediate future. And, sure enough, the following Monday the market plummeted right through the entire week -- causing the largest decline in market history. WOW -- that was impressive to me. Plus, back in 2000 he called for the technology bust as well.

Another great market technician, Larry Pesavento, who wrote "Trade What You See" Trade What You See: How To Profit from Pattern Recognition (Wiley Trading), using a different technique combining Astrology and pattern recognition, also made the October 2008 call.

You certainly want to buy McDowell's book and learn how to listen to the market by using the ART software and technical analysis and see where it is going. Technical analysis and the ART software has helped me tremendously in doing just that, plus I'm always listening to McDowell and Pesavento -- which also keeps me on track.

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Rating: - Worth the read
Worth the read. Whether you ever get their software or not, the sections on trade sizing and money management are worth the cost of the book. Additionally, you can get a trial of the software for FREE if you purchase the book. Seems like a great deal to me!

JCM

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Rating: - Easy to understand
I have read this book and the accompanying video. Both were well-organized and easy to understand. After reading the book, the DVD was very easy to follow. I've been trying to educate myself on the tools needed to be a more active trader. Given the events of the past month on the stock market, it was clear to me that my current method of buy-and-hold was missing some very important components. I have started my 30-day trial period and will be paper-trading. Now that I have the software, it's sure easy to see the points where I SHOULD have gotten out or gone short on the stocks in my portfolio.

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Rating: - As good as it gets!
This book is comprised of really good trading fundamentals and also some outside of the box trading concepts that will not only benefit the new trader, but the veterans as well. The book serves as a companion to the ART trading software, which by the way is one of the best trading software packages available at any price.

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Rating: - An education is a wonderful thing !
Never miss an opportunity to refine your craft. If you are an active/interested trader this is a must read.