Wisdom Condensed – Bob Farrell’s Rules to the Market
Bob Farrell was a seasoned Wall Street veteran, with his career spanning more than five
Bob Farrell was a seasoned Wall Street veteran, with his career spanning more than five decades making him one of the more respected modern figures in the world of the markets. He is mostly known for his professional roles as the first president of the Chartered Market Technician (CMT) Association
"In the jungle among the money funds, there is only one king" - Dreyfus Funds sloganIt was the 1950's - the Silent Generation and the first baby boomers were in the workforce, and post-war prosperity had brought about a lasting boom to the US economy. The stock market was doing
Hindsight is easy - any person can point at a chart in retrospect, draw two arrows for where you should have bought and sold to make the maximum profit, and pretend to look smart. Real trading happens at the 'right side' of the chart, where new data appears in real
The stock market is driven by the psychology of those operating and participating in it. A very useful approach to spotting changing environments (usually measured in time-frames of many months at least) is looking at metrics that summarize this psychology and the consensus opinion that market participants form about the
Bob Farrell was a seasoned Wall Street veteran, with his career spanning more than five
“In the jungle among the money funds, there is only one king” – Dreyfus Funds
Hindsight is easy – any person can point at a chart in retrospect, draw two
The stock market is driven by the psychology of those operating and participating in it.
You might have heard of sector rotation, or sector rotation theory – it is often
Not just living beings or material objects age with time – market trends grow old
It has been my experience that the older a still available book on the markets
The purpose of a business is to make money, plain and simple – and the
I’ve written previously about the legendary Gerald Loeb, stockbroker (an occupation I typically have my
One of the most common misconceptions about the stock market is that owning the so-called
