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Basing his prediction on a technical analysis and more than three hundred parallels to the 1929 stock crash, a noted investment analyst forecasts a devastating stock market crash within the next two years
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Showman and long-time bear Granville here sings the same tune chapter after chapter: the market is about to crash. This book, apparently, is a monthly summary of his weekly Market Letter (from March 1983 to January 1985). He draws a total of 183 parallels with 1929, using four broad categories: psychological, historical, technical, and market. Some are rather far-fetchede.g., ``market declines on no news.'' It is reassuring to know there is someone who is not a constant bull, as most analysts and brokers are, but the repeated warnings of an unlikely crash prove that pure technical analysis (he writes of ``the total uselessness of fundamental analysis'') is not the answer. Granville will eventually be right, of course, but so will a stopped clock. Not recommended. Alex Wenner, Indiana Univ. Lib., Bloomington
Copyright 1985 Reed Business Information, Inc.
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Book Description Freundlich Books, 1985. Hardcover. Condition: New. Never used!. Seller Inventory # P110881910341
Book Description Condition: New. New. Seller Inventory # STORE-0881910341
Book Description Freundlich Books, 1985. Condition: New. book. Seller Inventory # M0881910341
Book Description Freundlich Books, 1985. Hardcover. Condition: New. Seller Inventory # DADAX0881910341