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H**T
Understanding the Specialist
I used to listen to Richard Ney interviews on the Los Angeles Business Channel (now off the air). Ney always talked about the market makers "specialist" and buying and selling as they do. He repeatedly showed profits taking market makers' buy and sell signals. He was able to show how they create "synthetic" markets and the divergences from economic reality.I rate this book 5 stars because Mr. Ney had the guts to discuss the way America's financial oligarchy operates and he was able to make money for his clients. I do not think there is a good way to track what the specialist are doing today (not sure if Mr. Ney could make it work now) but it is worth learning what you are really up against in the market.
W**.
Four Stars
good
V**R
Great book
Loved it. A lot of useful information that is still valid nowadays.
K**A
Four Stars
A good read about what happens behind the scenes in the stock market.
J**S
Must Read
I've read so many market trading strategies. This one has become my main focus and has worked out better than I expected.
W**Y
a very good technician.
Dates me to the old UHF days... Could not wait to get home from school and see him on his telecast... A fair actor, a very good technician... loved seeing his RR
J**M
Five Stars
I wish I had read it when it came out in the 70's.
E**T
but a good description of how markets are
An old book, but a good description of how markets are manipulated
M**I
Good for learners of the stock market
This book is helpful for learners to understand stock market operations.
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