What do you call a bull market that lasts at least ten years, includes steep corrections and cycles of vicious rotation, but results in a quadrupling of the Dow, a stratospheric rise in new technology, and the creation of staggering amounts of wealth? Ralph Acampora, one of Wall Street's most influential analysts, calls it a mega-market.
In The Fourth Mega-Market, Acampora shows how the current mega-market has clear parallels to three earlier markets, and explains to investors how the lessons of the past can be utilized to their advantage in the marketplace.
History shows us the ways that investors will react under certain circumstances, and Ralph Acampora shows us that looking back is the best way to see what's coming ahead. He Teaches listeners to recognize patterns that can help explain market performance. He offers advice on spotting and protecting yourself from the inevitable corrections that occur with regularity in every mega-market.
Finally he makes exciting predictions of where the mega-market will go before it ends and how it will get there. He helps us to understand ways to invest our money and ride the current wave to wealth.
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“For three decades, my friend Ralph Acampora has been a man with a mission: making the arcane art of technical analysis not just understandable but intellectually respectable…Ralph summons all his historical and analytical skills to explain how and why he became on of the few observers who grasped the duration and strength of what he aptly calls ‘a true mega market.’”
— Louis Rukeyser, host and commentator of Wall Street Week with Louis Rukeyser
“Ralph provides a proven framework for investors to chart their own course and, significantly, shares his most valuable asset and his secret of success…knowledge.”
— Dick Grasso, chairman and CEO, New York Stock ExchangeBe the first to write a review about this audiobook!
Ralph Acampora is the director of technical analysis at Prudential Securities and a true guru for thousands of market professionals. He is regularly consulted by major national newspapers and makes regular television appearances on the Today show,Nightline, NBC Nightly News, CNBC, and CNN-FN. He lives in New York City.