Product Description
by Raymond M. F. Dominick (Author), Michael J. Carr (Author)
Relative strength investing is a safe, profitable investing technique well known amongst professional investors but with little documentation. Michael Carr decided to document relative strength (RS) investing via his book "Smarter Investing in Any Economy" in 2008 and reprinted here. By applying scientific and sometimes technical methodology, Carr discusses the concepts and theories, then proceeds to test and validate different RS formulas and their results before showing how any person can use RS to manage and trade a retirement account or any stock market investments. The second part of the book illustrates how to implement relative strength investing using a software program that Carr uses today.
Author Biography
Michael Carr, CMT, is also author of Conquering the Divide: How to Use Economic Indicators to Catch Stock Market Trends. His articles have been featured in Technical Analysis of Stocks & Commodities, SFO, Futures, Shares (in the UK), and Traders (Germany) magazines as well as a number of web sites. He managed money professionally for several years before retiring to devote his full-time efforts to research and writing about the markets. Mike was responsible for investor accounts worth more than $200 million and was co-manager of two mutual funds. He has been a featured speaker at numerous industry events including the Money Show in Las Vegas and Trader Tech West in San Francisco. Mike has also spoken to local chapters of the American Association of Individual Investors and professionals in the Market Technicians Association, the CFA Institute and the Financial Planners Association.
