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S**S
How to make monster profits with the right stock
John Boik has written a very valuable book that can make you serious money trading stocks if you study it and use his system. I have personally made thousands of dollars trading several of the stocks in this book. You will learn how to identify the stocks that will double and triple in just a few months, some even gorw 1000% to 7000% in less than a year. Stocks like Google, Apple, Yahoo, Taser, and many others. Stocks that change the way we live by creating new products that are very popular and lead to explosive earnings in the company and price increase in the stock that the majority of money managers want to be a part of. You will get to see how these stocks perform in technical price strength, the author gives bar charts during the major part of the move showing the price compared to the 21, 50, and 200 day moving average along with the relative strength line and volume. You will see how to enter at price break outs to new highs and add on at retreats in price to the 21 or 50 day moving average. But most importantly when to sell at exhaustion gaps in price or when the stock's price falls through the 50 day moving average. It is crucial to sell and lock in profits before the run up ends. Here are the keys to trading success found in this book:Monster fundamentals:1. Outstanding sales or revenue growth.2. Strong and accelerating earnings growth.3. High rates of return on equity (ROE).Rules:1. Only buy in an overall uptrending market.2. Only buy stocks in sound price bases with strong fundamentals.3.Buy stocks at their 52 week highs or better yet all time highs at break outs in price.4. Only stay in stocks that act right with rising prices on rising volume and pull backs on lighter volume.5. Sell when it is time, do not stay in when the price falls through the 50 day moving average support line.This book is a great tool to have in your stock trading library, it is outstanding for new traders and an excellent refresher course for seasoned traders. It is one of my new instant favorites.
L**E
A bit repetitive but salient points are provided
Monster Stocks takes the reader on a search - a search for the patterns that exist for those stocks with abnormal gains in short periods of time. John Boik argues that not only is the search for such stocks possible, they all display common characteristics that make their identification both possible and quite profitable.The book covers some 200+ pages, most of which is a repetitive look at numerous monster stocks that have sprung forth since the 1970's. Each is presented annotated charts and several pages of interpretations. The reader is presented with the fundamental and technical characteristics that set monster stocks into motion. These principals are repeated for most of the stocks presented throughout the manuscript.The repetitive nature of the material is probably the most disappointing aspect of the book. Some 30 or 40 stocks are presented over the 200 pages when probably 10 or so would have been plenty. Of course the book would have been quite a bit slimmer if just a few had been covered, but rather than make the reader wade through a myriad of stock charts and similar language it probably would have made for a better book, As a reader looking for the few nuggets of wisdom, you can't afford to skip a page since those nuggets are scatter across the many pages. Having said that, the author notes that he is being repetitive with the hope that the notions presented will "stick" with the reader as a result. Personally, I would have preferred fewer examples and instead a clear and concise summary of the points and a much shorter book. If I am willing to spend the money to buy the book, I don't need the author to make the material "stick" but instead to present it concisely and clearly.Nevertheless, the conclusion chapter does offer up these thoughts in just that fashion. Essentially, Boik indicates that the typical formulae for a monster stock are strong fundamentals as viewed through a) outstanding sales and/or revenue growth, b) strong and accelerated earnings growth, and c) high rates of return on equity. These fundamentals typically precede the technical breakout and run up. They also typically stay strong throughout the stock price run up and even into the topping pattern that eventually comes along. Naturally, Boik looks at the technical pattern as well - the base building period and then the high volume breakout from that base and a continuation of strength exhibited by a strong advance that uses the 50-day moving average as a crutch all the way to the top. The finality if usually expressed with a heavy volume decline through the 50-day moving average line. If you haven't exited by then, it is indeed time says Boik.There are other salient points made throughout the book and it is indeed a very good read. I know that I have a keen interest in identifying monster stocks and finding a way not only to ride them higher but to add to positions along the way. This book addresses those items and does so with clarity though verbosely, and thus, despite the somewhat boring repetition you are forced through, I would still recommend this book for any and all traders.Reviewed by L.A. Little for [...] 01/02/2010
R**R
Great book . A must own similar to books by William O Neil and Reminscence of a stock operator
I had the privilege of reading the book today as soon as it was out today. Its a great book it tells how the biggest runner of any bull cycle shape up. Its similar to past winners like Hansen Natural, Yahoo etc.If we follow the same principles we will know the monster stock in the current Bull rally which started from 29th Aug has been Intutive surgical,Baidu and VM ware. It highlights couple of main points for monster stocks,Great earnings every quarter, New product to the market, a recent IPO,great return on equity. If we keep the fundamentals written in the bookthen in every bull cycle one can piggy back on one or two monster stocks and change the financial condition of oneself. I would recommend one to read all the books by JOhn Boik and all the books by William O Neil along with reminscence of a stock operator which is a autobiography of Jesse Livermore. I consider Livermore, Gerald O loeb, William O neil as the best trader ever and if we follow their principles by reading their books we could improve our returns many fold. Also the books by John Boik reflects on the above great traders and their strategy. Remember three things work in stock market, Discipline, Dedication and Desire the 3D's. Good luck to all the Quality growth stock traders.
G**A
Great Book
This is a great book for young people to learn how to invest in stocks. This book explains how to use charts in a simple way to discover great stocks.
R**R
Bad quality images on digital format
I’m not sure about the actual print but I had to return the kindle version as the images were barely readable. Disappointed as I was looking forward to reading the book fully.
H**L
Five Stars
Book is really good for traders, Service A+.
'**N
Put this on your list of must read books!
If you believe in the old addage "to be the best, learn from the best"then this book will help you profit from the past success' of some of the biggest stock market winners of the past twenty years.
V**S
Five Stars
The book arrived exactly as advertised. Very pleased with item and seller!
C**M
Great book, I enjoyed all the authors books.
Amazing book on market leaders. I’ll re-read again. If you like riding trends this book is for you! Whether you’re a growth or value trader, momentum is the premier anomaly. This book is meant more for growth investors it’s still viable for both. The Author is also a great follow on Twitter posting historical literacy & currently nt hartsOther books I’d recommend is1) How to trade in stocks by Jesse Livermore (all)2) How I made $2 million in the stock market by Darvas (all)3) How to make money in stock by O’Neil (all)4) Momentum Masters by Minervini (all books)5) Market Wizards series by Schwager (all)6) Trading in the Zone by Douglas7) Thinking in bets by Duke8) Fragile by design (economics)He’s a true investigative author. Looking forward to more books & materiel. I thought his previous books could be audiobooks on but enjoyed both.
ひ**き
推奨本にあったんで、入手
「黄金の掟」の著者のジョンボイクの作品。黄金の掟が素晴らしかったのと、複数の本(洋書)でこの本が推奨されていたために購入することにしました。内容は、過去の大化け株のチャートを提示して、それがどういう特徴になっているかをテクニカルに説明している本。平均線や出来高など結構参考になるかも。本文だけだと結構厳しいんだけど、この本はチャートにも短い説明を入れているので、その点、そこだけ読んでもそれなりに役に立つので、英語苦手の自分としては、ありがたいです。カバーがまるで児童向け絵本のようにめちゃくちゃ固い。象が乗っても、潰れません的な硬さです。つぶれちゃうでしょうけどね。こういう本は翻案本を日本でも作ればいいのに、と思える内容です。英語をペラペラに読めるようになったら、星をもう一つ増やしちゃうかもです。
S**D
I like it
great compendium of all the great stock movements in the past 30 or so years. Very educational and a good model to follow to find future winners.
M**E
Buen libro
Buen libro. Multitud de ejemplos de grandes acciones a lo largo de los últimos años y de recomendaciones a la hora de analizar dichas acciones.
F**O
Características de los buenos patrones
Claro y conciso, buenos ejemplos, quizás ya anricuados a día de hoy, de rápida lectura un MUST para localizar patrones interesantes
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2 days ago
2 months ago