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⋙ Read Free The ABC of stock speculation S A Nelson 9781176182516 Books

The ABC of stock speculation S A Nelson 9781176182516 Books



Download As PDF : The ABC of stock speculation S A Nelson 9781176182516 Books

Download PDF The ABC of stock speculation S A Nelson 9781176182516 Books

This is a reproduction of a book published before 1923. This book may have occasional imperfections such as missing or blurred pages, poor pictures, errant marks, etc. that were either part of the original artifact, or were introduced by the scanning process. We believe this work is culturally important, and despite the imperfections, have elected to bring it back into print as part of our continuing commitment to the preservation of printed works worldwide. We appreciate your understanding of the imperfections in the preservation process, and hope you enjoy this valuable book.

The ABC of stock speculation S A Nelson 9781176182516 Books

The book's advice is still valuable after all these years. There are pockets of wisdom and the book is worth your time but it is very frustrating to read on a kindle. I guess that's the problem with out of print books.

Product details

  • Paperback 238 pages
  • Publisher Nabu Press (July 27, 2010)
  • Language English
  • ISBN-10 117618251X

Read The ABC of stock speculation S A Nelson 9781176182516 Books

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The ABC of stock speculation S A Nelson 9781176182516 Books Reviews


The original Dow Theory articles by Charles Dow combine an odd mix of topics cutting losses; letting profits run; averaging down, buying "value" on the dips; and market manipulation.
Dow frankly states that "the markets are always more or less manipulated." But then later he admits... "...people in Wall Street...do not know what the market will do with any regularity..."
He advocates averaging down a few times, which is odd, considering what he wholeheartedly endorses several times...
Dow mentions cutting losses short and letting profits run more than any other single idea. It appears in almost every article.
On bear markets... "There will be a sifting of the better from the worse, visible enough at a distance, but not conspicuous at any particular stage in the process." Sounds like the "narrow advance" of today...the pinnacle market?...
One of the articles involves a description of discretionary accounts (managed accounts) that makes the swindling operators of them sound like the guys who are running LTCM (see WSJ 5-20-99, page C-1). They take your money and tell you it wasn't their fault when the market kills them. The only (possible) difference is that many of the swindlers of earlier this century never actually invested the money they received. They just took it and ran.
An interesting read. Buy a copy of S.A. Nelson's The ABC of Stock Speculation. That's where I read these articles.
Great read!
This book is a must read for those interested in the market and the why’s of the market.
The book's advice is still valuable after all these years. There are pockets of wisdom and the book is worth your time but it is very frustrating to read on a kindle. I guess that's the problem with out of print books.
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