From Publishers Weekly
While Appel's previous books offered advice on technical analysis of stocks and price movement charts aimed at aggressive day traders, this one covers tamer versions of those strategies for conservative retail investors. Despite the sensational subtitle, the advice is generally solid, calling for broad diversification with a little excitement from a moderate level of turnover. However, unlike conventional wisdom, which advises buy-and-hold diversification, the book recommends aggressive market timing, moving in and out of various investment types based on market and economic conditions. The strongest aspect of the book is the clear explanations of how these diverse sectors work, and how ordinary investors can put money into them conveniently and at a reasonable cost. But the advice on how to tell when different market sectors are attractive or unattractive for investment is much less clear. There is extensive discussion of how much money one could have made if one had known what was going to happen, but the rules for switching investments in the future are hard to understand and not backed by systematic statistics. (Sept.)
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Review
“A guide that will turn readers into smart and savvy investors.  Appel, author of several successful books on investing and editor of the leading technical analysis publication Systems and Forecasts, offers readers even more hot investment tips in his latest offering. Here, he shows readers how to read and recognize the economic climate, and demonstrates how to invest accordingly. After teaching how to understand the character of the market, Appel offers tried-and-true strategies that will help you make high-return, low-risk investments using mutual funds, exchange-traded funds (ETFs) and real investment trusts. He also provides solid advice on how to invest in foreign markets, taking advantage of often overlooked investment opportunities abroad. Investments in real estate, precious metals and other commodities also receive coverage, and Appel offers useful web resources for further research. The author has more than 40 years of experience, and his love of teaching the trade is conveyed through his enthusiasm and thorough explanations.  Both amateurs and experienced investors who are looking for a competitive edge will appreciate this information-packed guide to making wise investments in any economic climate.”  --Kirkus Reports