Rating: - Waste of money!
When you read the title "New Thinking in Technical Analysis", you would assume there would be "new" information presented. NO! There is absolutely nothing new in this book. Candlestick charts and point and figure charts have been around for over a century. You might think he just provides new ways of analyzing this information. NO, not even close!

I don't really understand why the author wrote this book. All the information can be had in traditional technical analysis books. If you have at least read Technical Analysis for Dummies, you will not learn anything by reading this book. Save the $37.80 and put it towards your next commissions.

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Rating: - Excellent/Next to Worthless - Depends on your view
If you are the acedemic type, who loves to read technical theories, this book would probably be five stars. If you are looking for something to help you with practical, day to day stock or option trading, I'd advise you to spend your money on any number of other more useful books on investing. For example, this book might give you a way to not only consider the closing price of a stock, but to determine how many shares sold at a particular price during each hours of the day so you get a 'picture' of the direction it is heading. However, to do that would take all day for just a few stocks, and then to do it every day . . . .? That would be fine to consider the trade volumes at various prices when deciding to buy or sell a stock, but what would be needed is a computer program to do it hopefully in real time - but it gives no such programs.

So, if you like to trade, get a more useful book; if you like 'ivory towers' where you can ponder any of a number of stocks too slowly to be able to trade, then get this book. Don't get me wrong - it is good to know this stuff, if only for background information. But, without being able to get the information in real time, it won't help with practical day to day trading.

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Rating: - Very Average
This book is very average. Its maybe good for novice traders but a total waist for more experienced traders. This book should not be labeled as a technical analysis book because its just ain't. If you decide to buy it, buy it used because its not worth the full price.

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Rating: - Wow
Just the info on point and figure combined with moving averages is worth the cost of this book and that just one of the chapters.
Read it digest it use it

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Rating: - The value leader
I don't know where you can get an explanation of Point & Figure charting (I've seen it but never could understand this thing), John Murphy's succint, highly readable and technically important
Intermarket Analysis (which started a whole field) including the SECTOR rotation section missing from the longer work (and much more readable to boot)!!..., Linda Bradford Raschke's take on the history of TA with a roundup the Great Thinkers, Bernie Schaeffer & Larry Williams 's Treatise on Sentiment, Steve Nison on Candlesticks, Elliott Wave counting, Peter Steidelmayer's Market Analysis (an alphabet soup hand charting method that the Floridian is objecting to but many in the industry consider pivotal), the basic idea behind the mysterious Turtle Trading sysstem's Money Management, and the Options wizard Larry McMillian reviewing how Volatility and Options interact at such a price. Perhaps the only thing missing is the Random Walkers;-) This book is a real joy to own with allot in there to make you stop and re-think.

You should get this book if you want to survey the field and then drill down from there. Raschke's first at bat historial review with some of her own TA thrown in for good measure gets you going and the others make it hard to stop. I can honestly say outside of 1 typo/error, this book is flawlessly editted with lots of graphs. I was truly impressed & that's after reading allot on this field. Yes not everything is interesting
(I care less about Sentiment) but now I know more about it and can understand why Schaeffer and Williams think its important. But that's the beauty of this book, chockablock information about allot of topics in TA. A good starter, a better review.