J. K. Lasser's Pick Winning Stocks

I am starting today. I am getting wall street journals and recording the stocks that hit 3 times in the next 24 days. I read some of the reviews and either people thought the book was written by the Lord above, and made bank, or that it didnt work. This is my guess as to why this is: The book DOES NOT SAY to buy any stock that trips across the radar screen, (like some of these boneheads obviously have done)instead read the book throughly instead of lightly going through it. The book states you have to look at the market conditions, and also the fundimentals of the stocks. Look at the earnings over the last few quarters. Look at the expected earnings for the future. Learn how to read a balance sheet. Two good books by "O'Neal who published Investors Business Daily Newpapers......one is how to invest in stocks. Look him up as a good suppliment to this book. Once you use that to help you filter out the bad stocks and learn how to read a balance sheet and to apply it to the trinity trading system, you should go on to accumilate some pretty nice wealth in your future. Anyway, I will repost in several months to tell you how it went.

I learned a lot from this book - and it was easy and enjoyable to read. I was impressed by the author's correct prediction of the crash of Nasdaq and the sizable correction of the Dow. While not a perfect trading system (but then what is), I've done well with it. I suspect I would have done even better if the market wasn't experiencing its present turmoil. I also noticed this; you have to read and understand the entire book to fully benefit from the trading system; i.e., the trading system is not a stand-alone, but rather a gestalt.

I wish this book had been written 15 years ago when I first started trading. No, not every trade has been a winner, but the majority have been. And, by following the author's advice, the few losers I've had have cost me virtually nothing, while my many winners have won BIG. Bottomline: I've made more money trading this system then any other I've ever used.

Edward F. Mrkvicka, Jr., predicted in "J.K. Lasser's Pick Winning Stocks," that the stock market balloon was about to burst. He did so at a time when the Dow was over 11,000, Nasdaq was over 5,000, and the "experts" were seeing no end in sight to the win/win market of the 1990's. Contrary to the recommendations of almost every brokerage house and TV talking head, Mrkvicka wrote, "I am talking about all stocks, especially those on the Nasdaq, as it is likewise at risk. In fact, it may be considerably more exposed, since new market stocks, are, in a general sense, far more overvalued/oversold than stock of the old economy." And how far did he predict Nasdaq would fall? "As much as a 50 percent loss is possible." Mrkvicka, in addition to being deadly accurate, is the market's harshest critic. In "Pick Winning Stocks" he exposes the truth that insiders unduly influence the market, often illegally, and that too many financial writers and on-air personalities are part of the problem - in large part because of their personal financial interests. He goes on to state that the SEC is a paper tiger, and that government oversight of market abuses is, at best, a joke. He slams the major players pretty hard. After exposing the market's shortfalls, Mrkvicka explains in detail his easy-to-use Trinity Trading System that reveals how to quickly locate insider information that will reward the reader with a lifetime of extraordinary returns regardless of market conditions. A populist approach to investing - informative - useful - and a fun read.

E.F. Mrkvicka, Jr's "Pick Winning Stocks" is a truly effective book outlining a system for successful stock market participation. It instructs you on how to develop a philosophy for investing that will allow you to ride the ups and downs of the market with a minimum of mental anguish. Using easy to understand language and pertinent, efficient charts the book takes you through the Trinity Trading System which will guide you from understanding the market, to picking winning stocks, to finally managing you portfolio in such a way as to wring out as much profit as possible. An added section concerning mutual funds and a complete glossary completes the picture. This is a great book for investors, one that everyone concerned with their own finances should own and study.