Two Bad Years and Up We Go

...people who actually read the book and followed Cooks advice (like myself) made money in 2002!I highly recommend 2 Down Years and Up We Go. The strategies are even more applicable now than ever.Good book Mr. Cook...

Cook said that the marketsould be range bound...and they were. The markets went UP and came DOWN and thanks to the advice by Wade, we made money on the highs and lows. Expect more of the same in 2003.On the other hand, the nice pop we got in early 2003 shows that Wade is again on the money with his advice. Great book and ignore the bashers. I heard a rumor that there is a email going around to bash Wade Cooks books and do other things to try to drop the ppularity of Wades books. So don't be surprised to see a slew of more "1 star" reviews or notice the ratings fluctuate drastically. It has nothing to do with how the book is selling, just Wade Cooks bashers.

Over $37 Billion poured into mutual funds during the month of March, 2002. That is the highest since February of 2000, right before the markets went to a all time new high.There is new bullishness in options based on the VIX and look at all of the stocks hitting new 52 week highs. On April 25th alone, 146 stocks hit new highs on the NYSE, 129 on the NASDAQ and 29 on the AMEX. And ten companies announced stock splits.Looks like we are in a turnaround mode to me. Single stocks and indexes alone do not make up the whole market. Look at the whole picture. Wade is right on. And this is exactly what he predicted in this new book.

As Wade says, don't expect the market to go straight up, it never does. Opportunities like this have only happened 8 times in 160 years. Back to double digit gains.Of course, those of us who followed Wade's advice in Wall Street Money Machine#3-Bear Market Baloney, were also making great returns during the Bear Market.This is a good read. Thanks Wade.

Only the shorts witht their perpetual pessimism will be offended by this new book from Wade Cook.There are 3 bull markets for every bear market. The average bear market lasts 9 months---this last one was way overextended.On the other hand, the average bull market lasts 3-5 years! Great book Wade and perfect for the times.Shorts? Too bad. Your days are over.