Smarter Investing in Any Economy: The Definitive Guide to Relative Strength Investing
Michael Carr's terrificSmarter Investing in Any Economy: The Definitive Guide to Relative Strength Investingis out and it is well worth reading. First of all, it is a good survey of the literature, much of which is forty or more years old and obscure today. Second, it does a nice job of presenting the basic relative strength concepts and building on them gradually in a comprehensible manner. Finally, he presents and tests some systematic relative strength ideas and sets the reader up in a manner that will facilitate success. Along the way Mr. Carr highlights the work of interesting contemporary practitioners such as Clay Allen and outlines some of many different approaches that are in use today. All in all, this book has something for the reader interested in relative strength, no matter whether an experienced professional or a relative novice. --John Bollinger, Capital Growth Letter (June 2008)