Customer Reviews: Read 6 more reviews...
 Great Entry-Level TA Book for the Price January 25, 2008
1 out of 1 found this review helpful
For the low price, you really can't get a better entry-level TA book. If you're only looking to add a little TA to your fundamental strategy, or only looking to find out what TA is, this book may suffice. For someone looking to start an in depth study of TA, this is a good starting place. After that I would look at Technical Analysis by Kirkpatrick and Dahlquist. However, for an advanced TA trader this book won't offer much.
 Good book on technical analysis November 14, 2007
2 out of 2 found this review helpful
This is acutally a very good book, and one of the stronger parts is that the author explains what actually happens during the formation of different patterns. I would give this book 4 stars but the charts are awful - I have NO idea why the author has chosen this format for the charts...
 Great Introduction: Practical Common Sense, Little Vodoo, No Magic December 6, 2006
11 out of 11 found this review helpful
Kamich's book is not for the expert technical analyst or a professional day trader. It is appropriately respectful of quantitative and fundemental analysis, limits its discussion to the most proven and reliable indicators, and offers some clever speculation about the underlying dynamics of market structure and market participants that explains why technical analysis may be useful. It also provides a little history of technical analysis back to Dow.
The most provocative parts for me were the sections on gap analysis, volume confirmation, and his excellent chapter on reversals.
For someone who either does not know anything about technical analysis or else thinks of it as the astrology of modern finance (or the Rorschach Ink Blots), Kamich's book is a solid and sensible introduction that is as convincing as it is useful.
Note that this is not a catelog of all the major technical indicators or trends in technical analysis. For that book, buy "Murphy's Technical Analysis of the Financial Markets" also from the NY Institute of Finance.
Whether you believe in technical analysis or not, know that the people you are trading against do use these techniques and either way you should know what other participants are seeing in terms of signals and opportunities. This book is an exceptional start.
Not bad, but not great July 3, 2006
8 out of 8 found this review helpful
Definately provides a good review of many TA approaches and I really like how Kamich inputs his personal commentary on the market psychology represented by the charts. The big weakness of this book is the lame charts. Considering this is a TA book, which is all about charts, one would think there would be good examples... There are not! I found myself drawing many of the charts he described. In my oppinion, he should have provided them.
A very good balance December 21, 2005
7 out of 7 found this review helpful
Kamich provides a very nicely balanced approach, providing a thorough presentation without becoming an encyclopedia of every obscure technical tool available. The book was written long enough after the 2000 peak that the charts provide both bull and bear examples.
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