Book description
A bear market may last for a week, a month or even a few years, but it
can take only a day, an hour or even a few minutes for the value of an
investment portfolio to be slashed to half of its former value. Some
bear markets start with a bang, like the crash of ?7, others creep up
slowly so that investors do not realise they are in a bear market and
carry on as if nothing has happened. Of course, not even the experts can
accurately forecast what the market will do. However, there are signs
that can indicate a bear market is approaching and, if recognised, give
prudent investors time to take steps to safeguard their portfolios. The
first part of this book describes how to recognise the signals that
might precede a bear market, and how to watch the various indices for
sell signals. The second part deals with methods to help both investors
and traders to survive by understanding what changes in volume
represent, when to use a moving average and how to stay ahead of the
pack. Chris Tate guides the reader step-by-step through his methods, as
well as using examples from his own extensive trading experience. He
uses charts to explain what to look for in the market and what action to
take. This is written in his usual easy-to-understand style.
