Rating: 
- a marvellous work.
What a wonderful work!
In every way I look at this book, it's almost perfect. Great use of repetition, clean and simple description of chart patterns, many examples, and very well organized.
This book is divided into two parts. The first part consists mainly of chart patterns and technical details. Surprisingly, this is the boring part. The second part deals with applying the techniques that you've learned in the first part. If you have the patience to read through the first part, the second part is a pure joy.
I highly recommand it.
Rating: - If I had to choose one book it would be this ONE....
It is not a beginners book, It is a very technical book that has been updated with newer charts but most of the same info over time, I saw a review that said," why would someone buy this book? but let me tell you there is no holy grail this does not cover everything in the world, no book ever will, however if I needed one good book this would be it don't let some program pick your stocks, do your own research, it is a very intense book / a winning way of pulling stocks works over all periods of time..... keep that in mind if it was published a hundred years ago and works then it should work the same now and forever today..... I goto a club meeting every month and I see the same thing a bunch of people looking for a grail that is not / I finally brought this book in and started talking about it and I lost the attention of 75% of whom you see just wanted to go home and in 15 min learn to make 100% of there money, it does not happen.... THE DAYS OF EASY MONEY ARE GONE FOLKS...
Rating: - Worth a look
As the author of the competing text, "Encyclopedia of Chart Patterns" (Wiley, 2000), I found an early edition of TAoST in a used bookstore over a decade ago. I bought the book again, the 7th edition, and saw the same hand-drawn charts from the 1930's and 40's still there: This is not a complaint; it is comforting to know that the chart patterns that worked back then still work today. As work on my book progressed, I referred to TAoST occasionally, just to be sure the performance statistics I was finding matched those hinted at by Edwards & Magee. E&M were not the first to discover chart patterns, but they sure added to the knowledge base. Thanks, Robert and John!
Thomas N. Bulkowski, author, "Trading Classic Chart Patterns" (Wiley, due in spring 2002)
Rating: - The best . . .I don't understand any criticism of this book
If you're interested in technical analysis (one of the reviewers wasn't, so he gave the book a bad rating), this is the book to start with.
Sure, it's dense. But it's the BEST technical analysis book out there. Start with this one. Read it each year of your investment career, and you'll be very happy that you did.
(by the way, I own comparable books by bulkowski, Murphy and Schwager, but they don't compare in the level of depth and usefulness of this book)
Rating:
- I don't know why you buy this
Not comprehensive or outlined or organized. A lot of talk with nothing. Beginer stuff like RSI, MACD and MA are 1/3 of the book, another 1/3 on Dow theory. Charts patterns, nothing in here like projection of target price, failuer rate and trading tactics. You want a good book on price chart patterns. I suggest "Encyclopedia of Chart Patterns", Bulkowski.
- a marvellous work.What a wonderful work!
In every way I look at this book, it's almost perfect. Great use of repetition, clean and simple description of chart patterns, many examples, and very well organized.
This book is divided into two parts. The first part consists mainly of chart patterns and technical details. Surprisingly, this is the boring part. The second part deals with applying the techniques that you've learned in the first part. If you have the patience to read through the first part, the second part is a pure joy.
I highly recommand it.
Rating:
- If I had to choose one book it would be this ONE....It is not a beginners book, It is a very technical book that has been updated with newer charts but most of the same info over time, I saw a review that said," why would someone buy this book? but let me tell you there is no holy grail this does not cover everything in the world, no book ever will, however if I needed one good book this would be it don't let some program pick your stocks, do your own research, it is a very intense book / a winning way of pulling stocks works over all periods of time..... keep that in mind if it was published a hundred years ago and works then it should work the same now and forever today..... I goto a club meeting every month and I see the same thing a bunch of people looking for a grail that is not / I finally brought this book in and started talking about it and I lost the attention of 75% of whom you see just wanted to go home and in 15 min learn to make 100% of there money, it does not happen.... THE DAYS OF EASY MONEY ARE GONE FOLKS...
Rating:
- Worth a lookAs the author of the competing text, "Encyclopedia of Chart Patterns" (Wiley, 2000), I found an early edition of TAoST in a used bookstore over a decade ago. I bought the book again, the 7th edition, and saw the same hand-drawn charts from the 1930's and 40's still there: This is not a complaint; it is comforting to know that the chart patterns that worked back then still work today. As work on my book progressed, I referred to TAoST occasionally, just to be sure the performance statistics I was finding matched those hinted at by Edwards & Magee. E&M were not the first to discover chart patterns, but they sure added to the knowledge base. Thanks, Robert and John!
Thomas N. Bulkowski, author, "Trading Classic Chart Patterns" (Wiley, due in spring 2002)
Rating:
- The best . . .I don't understand any criticism of this bookIf you're interested in technical analysis (one of the reviewers wasn't, so he gave the book a bad rating), this is the book to start with.
Sure, it's dense. But it's the BEST technical analysis book out there. Start with this one. Read it each year of your investment career, and you'll be very happy that you did.
(by the way, I own comparable books by bulkowski, Murphy and Schwager, but they don't compare in the level of depth and usefulness of this book)
Rating:
- I don't know why you buy thisNot comprehensive or outlined or organized. A lot of talk with nothing. Beginer stuff like RSI, MACD and MA are 1/3 of the book, another 1/3 on Dow theory. Charts patterns, nothing in here like projection of target price, failuer rate and trading tactics. You want a good book on price chart patterns. I suggest "Encyclopedia of Chart Patterns", Bulkowski.