Power Investing with Sector Funds Mutual Fund Timing and Allocation Strategies
Author | : Peter W. Madlem |
Publisher | : CRC Press |
Total Pages | : 380 |
Release | : 1998-07-27 |
ISBN-10 | : 0910944091 |
ISBN-13 | : 9780910944090 |
Rating | : 4/5 (91 Downloads) |
Book excerpt: By learning to read the direction and strengths of the market, even novice mutual fund investors can outperform the best stock pickers. That's because up to 90 percent of a stock's price movement is determined by trends in the market or the industry-not in the qualities of the company. By using point-and-figure charting techniques, Power Investing With Sector Funds supplies a simple and effective way to gauge the ebb-and-flow of the stock market, and ways to invest in the best-performing sectors at the right time, both in the U.S. and abroad. With the help of four technical tools-charting, trend lines, 20-week moving averages and relative strength-Power Investing With Sector Funds takes a step-by-step process to completely cover the principles of diversification, asset allocation, and sector investing to apply the technique for a successful investment program. Best of all, the system outlined in the book takes just 15 minutes a day!