Review: Interesting but unproved
Rating: 3 out of 5
Date: 10 7, 2013
This booklet presents some interesting idea you can predict S&P; movements using 1.793% prices changes cycles.Unfortunately there are no numbers, just few pictures as prove.There are no information how 1.793% was discovered, how it was tested, what are real investing statistics - win/loss ratio etc.No information about other stocks/indexes/ markets. Does it work or no?You just have to believe author that what he says is true.And the idea of 1,793% itself is similar to Fibonacci or moon cycles to which I am not specially devoted.I have given 3* because idea is very interesting but not proved in any way and reader would have to make thorough investigation before eventually using it in practice.If there would be solid data presented that I would give at least 4*.So I can recommend this booklet for people who are interesting in making their own additional research, or for people who are intrigued about 1,793% idea but are rather not interesting in using it in real trading.I rather cannot recommend this booklet for people who would like to read it and immediately use it in real time trading.And a hint for author:This book could be much more valuable and interesting if extended to included additional information (that I pointed that are missing).