The Warning: The Coming Great Crash in the Stock Market

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9780881910346: The Warning: The Coming Great Crash in the Stock Market
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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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From Library Journal:

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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Granville, Joseph E.
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ISBN 10: 0881910341 ISBN 13: 9780881910346
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