5 comments about Market Wizards: Interviews with Top Traders.

1. In a constantly evolving trading rules, most older systems that generated hedge fund managers extraordinary returns would not work today. While much of the strategies described by those interviewed in this book fall under this category, they many of these market participants continue to remain the very best traders around today. Especially interesting are the Michael Marcus, Ed Seykota, Bruce Kovner, Paul Tudor Jones and Dr. Van Tharp. Great read and very insightful as to what goes on in the mind of the world's best traders.



2. This is one of my favorite books. It's always motivating during a down trading period. Although some reviewers claim it is outdated, I think they fail to realize some of the tried and proven tenets of trading. I believe that all traders should have this on their bookshelf - both novice traders for inspiration, and veteran traders for motivation.
   
   Note that in the above paragraph, I say "traders" and not "investors." Investors may not find this book as fascinating unless they are actively involved with their portfolios beyond "passive investing."



3. This is a must read for aspiring traders. The interviews are in depth with countless anecdotes and tips that will benefit new traders and traders that have some experience.
   
   I highly recommend it.



4. If you would like insights into the thought processes,trading rules and the stock trading psychology of highly successful traders, get this book...it's outstanding!
   
   A professional trader uses his head and stays calm. Only amateurs become excited or depressed because of their trades. Emotional reactions are a luxury that you cannot afford in the stock markets. Acting out of anger, fear, or elation destroys your chance of success. You have to analyze your behavior instead of acting out on your feelings.
   
   In this book, you have the opportunity to learn from the masters and learn not only from their success, but also from their failures.



5. For anyone familiar with the vast amount of investment literature out there, I'm sure you've come across a book written in the first half of the twentieth century called "Reminiscences of a Stock Operator." This classic tome is widely considered to be the "Bible" of trading, and it has been referenced directly or indirectly in many of the other popular books in the genre. You may have even read it yourself. For years it has been THE book to have influenced the world's top traders, but now, Jack Schwager has created the next classic work to fill recommended reading lists.
   
   "Reminiscences..." is mentioned in several of the interviews with the "Wizards", so it is no surprise that many of the same themes are echoed throughout the book. Chronicled are anecdotes and philosophies from some of the world's greatest traders, and to have them all gathered for the reader in one place is amazingly stimulating. More than any other book, "Market Wizards" has helped me become a profitable trader. Investors routinely pay hundreds, even thousands of dollars to attend trading seminars, but don't learn nearly as much readers will soak up from these pages. I make a habit to go back and regularly review the collection of tips in the back of the book, and nothing helps me break out of a trading slump like rereading a few select chapters.
   
   For those looking for a step-by-step trading system, you may be disappointed, but if you're interested in learning from the best of the best, then there's no other choice. The interview format makes for a quick read, and it's interesting to get a glimpse of how these great men live and trade. I highly recommend "Market Wizards" and its sequel "The New Market Wizards" to anyone wanting to take the next step toward trading success.

4 comments about Equity Asset Valuation (CFA Institute Investment Series).

1. I teach Investment Analysis & Portfolio Management to undergraduate Finance majors and have found this book to be very effective in teaching equity valuation models from a fundamental analysis standpoint. There are many specific valuation examples used throughout the book making it very useful for Finance students learning how to implement intrinsic stock valuation. Although the concepts are considered intermediate-level Finance topics, the language of the authors is easy to understand and not too difficult to grasp.



2. This book is the same book with a different name. The first edition was called "Analysis of Equity Investment Valuation." After reviewing the table of contents as well as several chapters, I have the following to report: The Table of Contents is the same; and the rest of the book is the same, too. The pages don't exactly match because in the new book the block paragraph style has been chosen.
   
   You do not need this book for the CFA. If you call the Institute, they will tell you not to purchase the source books because the program has been tailored specifically for the candidates. Instead, the Institute mandates that you buy the "program".
   
   If you really want the book, then buy the old version for a fraction of the cost. The content is the same.



3. This was one of the better finance books I've come across and a definite keeper for reference. Instead of mindless rambling or chocked full of jargon, the material was concise yet contained enough detail to cover all aspects of equity valuation that one might need to know suitable for the CFA Level II prep. But even for laypeople who have no intention of taking the CFA, this book will be very easily understandable with just a rudimentary background in basic finance theory.
   
   The layout is very logical, basically covering the four important aspects of equity valuation: DDM, Free cash flow models, price multiples, and residual income. Under each of these, the reading builds up to form a bigger picture of what needs to be understood. Examples are very clear and do not rely on specific methods of solving, such as being only relegated to math equations, spreadsheets, or financial calculators. You basically can approach any of the problems in whatever way you want. The emphasis is on understanding rather than route "do it my way" methods. The book appears to have been very well proofread, so you don't find numerical errors that can make you pull your hair out as with other books.
   
   There is also a workbook for this series but at my time of writing, it has yet to be released. When it is out, I would give this book series six stars in strength.



4. It is an extremely important reference book because I am preparing for CFA Level II exam. I've found the book an introductory one to illustrate basic concept in investment industry. Any one who wants to enter the investment banks,mutual funds,asset manangement corps. should have this book in hand.
   
   I strongly recommend it to all candidates on the road to getting CFA charter, and other partitioners in investment field may also find it helpful.

5 comments about Unexpected Returns: Understanding Secular Stock Market Cycles.

1. If you have been questioning when the secular bear we've been in for the last 10 years is going to end then this book is for you. Using charts and diagrams Easterling does a masterful job of explaining how to determine secular bulls and bears and get's to the heart of why it's so important to avoid losses. This is a must read for every investor, institutional and individual.



2. Unxpected Returns is a modern investor must read. Investing in a secular bear market requires much more knowledge than the "buy and hold" strategy of the 80's and 90's. If you desire the type of returns needed to accumulate wealth and retire secure you need to understand the concepts in Unexpected Returns.



3. This work must be read in conjunction with the crestmont research website which provides updates to the charts illustrated in the book. A great analysis on investing in bear markets. These stratigies coupled with absolute return investing should be part of many portfolios in these challanging economic times. If this book was revised to reflect current market conditions it could be one of the most important works on investment. Michael J Gorman JD,CPA,CHfC



4. Everyone should be giving this as a gift because most everyone has no idea the realities of investing. If everyone mindlessly throws money into the market, statistically, this is abnormal and "The Wolves Have Access To The Pocketbooks Of The Sheep".



5. As an MBA, I always assumed that markets give a fixed return (as we average the returns over a period). I never thought about volatility and economic conditions explicitly. I used to hate volatility as it makes the world uncertain. After reading this book I am embracing volatility and realized that you can make unexpected returns because of the volatility. I used some the techniques I learned in MBA (@Risk, Solver) to come up with financial models and PROBABILITY of returns.
   
   Simply I can not put it down.

5 comments about Irrational Exuberance.

1. I've always enjoyed articles by Yale economist Robert Shiller, so I had high hopes for "Irrational Exuberance", not least because it has been talked up in every financial journal, web site, or newsletter that I read. I was disappointed. "Irrational Exuberance", borrowing a phrase from then-Fed Chairman Alan Greenspan, attempts to explain the psychological bases of speculative bubbles. The first edition addressed the millennium tech stock bubble and was published just months before it burst in 2000. This second edition has added a chapter on the housing bubble of the mid-2000s and incorporates commentary on residential real estate bubbles in some other chapters as well. It was published in 2005, also shortly before that bubble burst.
   
   Shiller begins with brief chapters on historical stock market and real estate bubbles, to give the reader some perspective and demonstrate why these were, indeed, bubbles. He then names 12 factors that he believes precipitated the stock boom of the 1990s that culminated in a bubble: global capitalist explosion and the "ownership society", cultural and political change favoring business success, new information technology, supportive monetary policy and the Greenspan Put, Baby Boom and Baby Bust, expansion in reporting of business news, analysts' optimistic forecasts, expansion of defined contribution pension plans, growth of mutual funds, decline of inflation, expansion of the volume of trade, rise of gambling opportunities.
   
   "Irrational Exuberance" analyzes the psychological factors behind bubbles, those that are not rational or due to economic fundamentals. Shiller discusses feedback theories of markets, the role of the media, examines the potential role of big news stories (which he concludes are not an important factor), the concept of "new era thinking" that preceded the 4 major stock market peaks of the 20th century, and speculates on why people are deceived by bubbles, which he terms "naturally occurring Ponzi processes". He references a lot of psychological studies that demonstrate people's overconfidence in their own judgments -and others that demonstrate that people will believe the majority view or expert view even if it strikes them as wrong.
   
   There is not a lot of economics in "Irrational Exuberance". It's about psychology. Shiller has distributed a lot of questionnaires and analyzed a lot of data over the past few decades in attempts to understand the psychology of markets. But he often cites surveys of the public at large, most of whom do not directly participate in the stock market, when talking about market behavior. And he cites a lot of psychological studies that draw dubious conclusions. He quotes a Barron's survey from April 1999 in which 72% of respondents believed that stock market was overpriced. This would indicate that the problem is not that people are fooled by bubbles, but that some flaw in management discourages them from acting on their understanding. Shiller doesn't have much to say beyond the obvious, which he stretches to 230 pages by doing things like discussing epidemic models after he has just stated that they can't be applied to the spread of ideas.



2. The author first mentioned the twelve precipitating factors
   for a bubble. Precipitating factors like capitalism explosion
   and ownership society, new information technology, supportive
   governmental monetary policies and analysts' optimistic forcast.
   
   This ultimately resulted in a feedback loop which amplified
   the 'story' behind the stock or even in a painting like Mona
   Lisa. If a stock or any investment had a strong credible story
   behind it, the story greatly enhanced the value of the investment.
   
   How was this possible? It was through the channels of the media
   and word-of-mouth. Word-of-mouth was cited to be more potent
   though less accurate. The analogy of how ants communicate and
   how epidermics spread was used to desbribe how bubbles formed.
   
   "New-era thinking' was another reason bubbles formed. The advent
   of automobiles and radio in the '20s; the television in the '50s;
   and the internet in the '90s.
   
   The book is well structured and support material is sufficient
   to prove its point. One gripe is the complex and cumbersome
   sentence syntax used. Commas were missing where they could be
   inserted to make reading easier.



3. this is a very good book from an economist who has a balanced view on social and behavioral economics.
   He is one of the very few grounded economist that i know of.



4. When I obtained this book, I figured it had information about both investments and the economy. Like any other book of this type, I always ask, "How can I be a better investor or what new information can I learn about the economy". The book cover explained the book would be about bubbles such as the real estate and housing bubble.
   
   Unfortunately, I was seriously disappointed in a book written by a Yale University professor. In the beginning and throughout the book, Mr. Shiller explains more about surveys that he did. In one case, he was very proud of the way he did his survey. Apparantly, he can ask the right question to get the right answer. I could never figure out how useful these surveys were but they seem to make good fillers for a book.
   
   The book become briefly interesting around page 100. Yes! Page 100. At this time he introduces unlikely investors in previous bubbles such as hotel waiters, etc. This is a good point since my own experience has suggested unlikely investors in all bubbles. In the 30's it was the shoeshine boy, in the late 70's it was the priest, and the late 2000's it was the sports figures.
   
   Again, the book becomes interesting around page 200 for a discussion about regulation. This discussion was very shallow and never really mentioned the real cause of the housing meltdown. My own analysis always suggested former President Clinton started it and then was allowed to continue unchecked my fellow democrats. In the index of the book you can find Clinton's name mention once. I would say -- not good research for a professor. However, Mr. Shiller is good at conducting surveys.
   
   Towards the end of the book, I figured this is a second edition so he must be like a movie producer trying to profit off his first success. Later, I figure the professor is like any one else trying to make a living -- just slap something together and it might sell! In the end, was I a better investor because I read the book -- No. Did I learn anything new (and useful) regarding economics -- No. If you have to read it, borrow the book from the library.



5. This book does not quite work because the author gives us no algorithm to determine when the market is irrationally exuberant or merely going up.

5 comments about The New Market Wizards: Conversations with America's Top Traders.

1. Book is very informative, well written, and sequenced to allow a reader with some background in investment/trading to really go through and absorb the key elements for success in trading. Enjoy this book tremendously as well as being motivational.



2. If you liked the first market wizards you will enjoy the sequel as well. If your looking for easy ways to make money in the markets or specific setups this isn't your book. However, if you would like to get a glimpse into the minds of successful traders there is no better book out there.



3. This book is very informative reading about the mindset of successful traders. Some of the detailed information was a bit over my head but it is very helpful to see how different traders think and how they became successful traders.



4. This book is a must read for anyone who is in the business of trading for living



5. A well written book, providing insight into investing strategies of the 'Wizards' Must read, and informative.

5 comments about Japanese Candlestick Charting Techniques, Second Edition.

1. I am literate in the world of technical analysis, and I have had some experience with candlesticks in the past. This book was a comprehensive introduction to candlestick techniques. The author is a bit full of himself, and there's a lot of filler, but overall it was worth the [...] bucks because he knows what he's talking about.



2. On the pro side, this book is very good for somebdoy who is starting with Candlesticks (like me). I found this book to be very solid in it's subject content. It explained the various patterns and why they carry the significance that they do. A lot of material is available on the internet but a lot of them don't point out the basis of the candlestick functioning pattern.
   
   If there is one book that you want as a reference, I would go for this one.
   
   On the con side, this is a hard cover book. And I doubt how long the binding would stay in place when used extensively. For a book of this price ($63 on Amazon.com) and importance, the binding definitely has to be improved so that it is longer lasting.



3. This is the best and most useful book on trading I have ever read. It is easy to follow, well explained, and gives many examples. I have already begun using the techniques to improve my trading significantly. The part about convergence toward the end is a true gem and I view it as the icing on the cake. Very recommended!



4. With out doubt the easiest reading on trading that I have found. Clear, concise and educational and must read for srious traders.



5. I'm a Steve Nison fan only because he's got the most information on the market. I've been to his live events and must say he's not too interesting. I bought this book as a reference and it's WAY more interesting than the seminar. It's pricy, but as far as books are concerned it's probably the best on the market. Certainly the most complete.
   
   My biggest complaint is a lot of his examples do not match his rules. So I suggest you ignore most of his examples. But the core information is really great and a very simple read. You should make more than the price of the book with some good trades.

5 comments about Stocks for the Long Run, 4th Edition: The Definitive Guide to Financial Market Returns & Long Term Investment Strategies.

1. This is the book to read after studying the general investing books that cover all asset classes.
   it's comprehensive in that it includes discussion of indexes, markets, risk, historical returns, equity investment vehicles, etc.
   Also includes newer topics such as Behavioral Psychology.
   At 400 pages it's at the right level of detail for do-it-yourself investor who doesn't want to get bogged in analysis of efficient frontiers or CAPM.
   Unfortunately it was published just before our current crisis so we will have to wait until the next edition to get the author's thoughts on conditions we are experiencing now.



2. This book has been derided by some using short-term market data, but the first chapter contains LONG-TERM data covering 200 years that are easily worth more than the purchase price of the book. One table includes inflation-adjusted returns of most major asset classes spanning the entire time period to give a comprehensive overview of performance without the clouding of recent data that is so common. Never forget to make long-term investing decisions with long-term data! If we get that one thing correct, we will avoid most of the worst investing mistakes.



3. It is so easy to get caught up on the noise of the CNBC of the worlds. As Benjamin Graham once stated, the stock market is a voting machines in the short run and a weighing machine in the long run. This book provides the details to back that message. A must read for any one in thier 20s or 30s who is looking to start planning for thier retirement.



4. Stocks for the Long Run has a reputation for being the essential introduction to learning about investing in stocks. I can't disagree -- at all. It covers all the ground, and with this 4th edition it brings in a lot of relevant information about ETF's, foreign markets (China, etc.), and other more recent "players" in the stock market.
   
   Of course, this edition was put out before the amazing collapse of 2008, so it will be interesting to see how Siegel covers that disaster in the 5th edition. But until then, this book will still give you the best overview (that I'm aware of) of the stock market here in the U.S. since its inception 200 or so years ago.
   
   The real genius of this book, other than its introductory/educational value (which is great), is to show beyond a shadow of a doubt that stocks have returned waaaaaaaaaaaaaay more money than any other investment vehicle over history. It's not even close: everything else (bonds, gold, notes) is piddlier than piddly in comparison to stocks. There is a graph right in the front of the book which makes this real clear, and that graph alone (if you couldn't get it online) is worth the price of this book.



5. It's well written. Tells you how to manage your portfolio in the long run. Good for those people who live long enough to benefit from the statistics summarized for the performance of US stock market in over 200 years.
   Personally, I would more prefer books on stock market bubbles, which tell you how to get your ass off the market before it crashes.
   Overall, it's a good book, worth 4 stars.

5 comments about The Complete TurtleTrader: How 23 Novice Investors Became Overnight Millionaires.

1. I'm a trend follower and a chartist and trade options, I've turned 30,000 dollars into over 400,000 dollars in a year and a half to date. I think that like futures, options with an expiration date on an underlying asset, offers an interesting way to view the market. Some of my biggest moves were simply following the trends, and investing ten percent of my capital in 3 to 6 month calls. My biggest winner being Priceline, which I was in with 20 front month calls at 240 when it was rising from it's bottom, I scaled out of the trade with a little less than 70,000 dollars in profit to secure profit.
   
   I remember finding this book when I was just getting started in the markets. I started off with Trend Following by Michael Covel, which in my opinion is a masterpiece and quentisential for anyone who wants to do anything that involves Technical Trading, it is one of those books that should be selling at 150 dollars but is selling at 18 dollars, it could sell at a 1,000 and still be worth it. This book has a great amount of information. For the trader side the entire section on the Turtle method is astounding. I think the entire story reads with such reasearched insight that it's hard not appreciate the work that Michael Covel put into writing this masterpiece.
   
   I've used many of this books methods on the stock market with great success, you obviously have to modify some rules, and make the system work for you, because, though this system is brilliant and probably could make anyone a millionaire in the market, everyone is different, and fixing a system to work for you, at your level of risk, can add to your success or your failure. The major thing to always remember, as this and any book on trading that's worth it's merit tells you, buy when whatever you're trading is rising, not when it's falling, and cut your losses if it starts to turn against you.



2. I had never heard of the turtles until I started searching Amazon for trading books. I thought it might be an entertaining read but I was definitely surprised by how good this book actually is. I had a hard time putting it down. The story is interesting and the trading philosophy is a confirmation of a lot I had been working on. This is worth your time if you're interested at all in trading.



3. I was first introduced to the Turles experiment in Way of the Turtle, from Curtis Faith. I really liked his book, and can honestly advise that book to everyone interested in the Turtle experiment. At first I was a bit afraid I would read a lot of things I already knew from Faith his book.
   Luckily for me this book didn't bore me. In fact, I could not even put it down at moments when I was reading it. I just had to read further, to see how the Turtles would trade further. The last time I had that was when reading Nicholas Darvas his first book.
   
   Back to this book. The meat for me is in chapters 4 and 5. I think most people will be able to read those chapters and understand/replicate the two systems. Another great point is the endnotes section. Michael Covel did not just fill this book with things he knew or found out on the Turtles, he actually gives the source of his information. Although this is pretty normal in academical works, I rarely find this back in books on trading.
   
   The author also doesn't try to sell or promote the Turtle system to you, nor does he minimizes the blow up of the Turtles succes. In chapter 8 (Game over) a full chapter is devoted to that.
   
   What I also found very nice are the interviews of citations from William Eckhardt and Richard Dennis. Although these guys are pretty known in the trading world, I have not yet found much literature on them.



4. Out of all the 'flavours' of Turtle Trading books; this one is by far the best one I have read.
   
   The book tells the story behind the Turtles. Who they were, what they did and then there experiences of being a Turtle. It gives insights into the system used by the turtles which then opened my mind to investigating my own personal turtle trading system.
   
   This book was recommended to me by a proven successful trend following trader in Australia. He has built his own long and medium term systems based on this turtles system. I know for a fact that this guy keeps a copy of this book on his desk and refers to it on a daily basis, even if it is just to reassure him when the going gets tough.
   
   Don't expect to be spoon fed "buy stock XYZ when its price breaks $X...". You will however learn so much from this book! Especially recommended for those who are just starting in your trading journey.



5. Yes, this is the best, well-researched written story on the turtles. You can't find anywhere else. It is a great book for any person curious to know about this great experiment, and also about Richard Dennis, which was not much written about except a few newspaper articles from the 80s.
   It not only tells the full story from the beginning, the recruitment process, what Richard and Eckhart thought, what kind of people were selected, and why some failed. The pros, the cons, the difficulties of implementing, of following the system Dennis gave them. The extreme importance of the psychology and attitude of each trader to its success.
   And it teaches the system! Detail by detail. But it's not the point of the book, and it's not ultimately what matters for the success (for more about that you should read Trend Following).
   This is NOT an how-to investing book, not a learning book. And you shouldn't buy thinking it has some kind of magic formula. It's much more of a trader's journey to success than anything else.

5 comments about The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns (Little Books. Big Profits).

1. I consider John Bogle to be a decent and intelligent man, but despite the lucid writing style, the application of sound logic, the charts and the support from reputable investors like Benjamin Graham, Warren Buffet, Charlie Munger and Peter Lynch and from academics like Paul Samuelson, he just doesn't convince me about passive investing. He makes imminently logical arguments in favor of avoiding all the costs the "helpers" (e.g. brokers, investment advisors and fund managers) bring to the game that detract, BUT when I run the numbers myself, without a WHOLE LOT of work I can find funds that whip index funds (even considering the helpers add-on charges) and do so over the long haul. After consideration, this is my bottom line to Bogle's book and his basic investment premise: if you are a passive investor, choose passively managed funds and you will probably do well and won't have to "work" at investing; if however, you are willing to be a little active in researching and managing your investments, I think the active approach will gain you more in the long run.



2. Not much to say, except to report verbatim the email I received from my 24-year old son, to whom I had recently sent this book:
   "Thanks. That Bogle book is the best book I've ever read". Nuff said?



3. As a beginning investor, I can honestly say that this book changed my life. I plan on using Bogle's method of investing now after reading this book. It is an entertaining read but also persuasive in the point of view that index funds are a better investment option than mutual funds. I think Bogle is right that index funds are a better investment option because of lower fees and lower taxes. Jim Cramer also recommends index funds in his book "Stay Mad for Life" so I figure when there are several experts in consensus, it is a good bet.



4. This book is a full of interesting information. Knowledge of how to invest and why is what will give the reader the chance to make more money in the stock market. The main points of buy and hold, and keeping things simple seem like common sense and it is! And most important of all, it works!



5. This book was tough going. I've been through much longer and more challenging investment books a lot faster than I got through this one, probably because there's one key message repeated over and over again in Bogle's . . . and the message wasn't new. While the message is, in fact, a good one, I'm not sure it warrants 200+ small pages to convey it. Burton Malkiel's A Random Walk Down Wall Street: The Time-Tested Strategy for Successful Investing (Revised and Updated) is a better bet. Bogle's book continually screams "Go to the Vanguard website and plunk down 10,000 mad green ones on a low-fee index fund." Oh, look, I saved you the trouble of reading it.

5 comments about SENSIBLE STOCK INVESTING: How to Pick, Value, and Manage Stocks.

1. I have never traded any stocks before and this book gave me the confidence I needed to make good investment decisions. It is easy to understand, yet very rational. The strategy in this book is to make semi-long term investments: you don't have to trade everyday but you don't invest in a company for a lifetime either. It explains how to chose companies wisely, when to buy stock and how to use the stop-trade option to limit losses. If you want to invest this way, it recommends that you dedicate about 9 hours per month to do the research and to make your decisions. If you are not willing to spend that much time, you probably don't want to invest this way. I definitely recommend it.



2. I found this to be a nice book with some technical theory trading tips. You can pick up some useful information in here but one important caution: dont let it give you a false sense of security or optimism because the really cleaver approaches have already been played out and can actually have a negative effrect on your results because the market and the big traders are already anticipating popular 'tricks' so they can play you like a fool if you are not careful.



3. I graduated from college with a finance degree, I wanted to get more than theory and mathematics from an investment book so I gave this a try. It is a great book so I rated it with 5 stars, but I knew most of what was covered. This book has sound principles of investments and I liked the fact that he believes you can beat the market and gives fairly good tips, some books like this one are passive strategy and I don't agree with that. Great book for people this limited understanding.



4. This book is a must read. Not only does it define in plain English all the most important stock terminology extremely well, it uses them to develop a very logical strategy for stock selection and to proficiently manage your stock portfolio.
   
   Even though the stock market is a beast of its own, this book will give one a practical tool to help tame it as well as possible. Highly Recommended....



5. (aka Dave Murray) This is the best book on stock investing I have read yet and I've been reading them for about 15 years. The author goes through a systematic process that takes you through picking the stock to managing the portfolio.
   
   I really go out of my way now to watch CNBC, Fox Business News, etc to see what stocks the pundits are recommending and so far the author's system is great for seeing if their arguments hold up. Of course these could always be momentum plays but the system will let you clearly understand if the recommendations have solid fundamentals with future promise.
   
   In the one case where I needed questions cleared up I was able to contact the author via his website and he helped out a lot.