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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.
Rating - Great Book
Don't start investing without reading this book. I wish I did. And after I did, I wish I actually listened because I would've kept my shirt if I had. But no, I always thought the market would rebound the next day but it never did so now I'm shirtless.
Rating - Two Words -- The Best
As an avid student of technical analysis I can sum up Magee and Edwards in two words: The Best.
Magee and Edwards classic work is one of the oldest and certainly most comprehensive sources for BASIC technical analysis information such as trendlines, reversal patterns, and over all assessment of the stock market. I find myself rereading chapter after chapter of Magee and Edwards on a weekly basis. Simply put, before I bought this book, I regularly lost more than I made in the stock market. After buying this book, I have changed my tactics completely and successfully.. both in bull and bear market conditions.
Rating - A very comprehensive book
Few books in today's internet world devote the majority part fo the book to analysisng classical chart pattern like this book did.
As a technical trader, I sincerely believe that learning to read chart pattern and what does the varies price bar is indicating is far more valuable then trying to figure out whether is the market over bought or over sold.
For all those that wants to understand the market behaviour through chart reading, this book is a good place to start.
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