The Stock Market Jungle

Here's an interesting book that I just added to my reading list, although it's not being released until July 31: New Laws Of The Stock Market Jungle by Michael J. Panzner. Here's a description:

In recent years, the stock market has undergone revolutionary change at virtually every level: new players, new technologies, new information flows, and new macroeconomic conditions.

These changes are radically impacting investors, whether they know it or not. Now, you can profit from the changes -- instead of being victimized by them. Wall Street insider Michael J. Panzner will show you how.

Panzner reveals how falling transaction costs and a barrage of data are transforming traditional investment patterns, and how stocks are increasingly being bought and sold like commodities.

Discover the impact that electronic trading, instant messaging, and hedge funds are having on intraday volatility and short-term direction.

Learn how an era of "boom and bust" have altered investor behavior and risk preferences, why today's market is increasingly emotional, and why many traditional market indicators simply don't work anymore.

From the growing role of derivatives to the increasing unpredictability of seasonal and cyclical patterns, this book takes you "under the hood" of today's equity markets... so you can develop a winning investment strategy for today's new realities.

Sounds like it's right up my alley. I've often wondered at how much more difficult it would have been to trade from home for a living just ten years ago. Commissions were so much higher, broadband was largely a dream, and there have been so many changes in technology. And even today I'm amazed that things work as well as they do. (especially when I'm relying on sorry-a$$ Comcast for my internet connection, which has started acting flaky again the last few days.)

Anyway, it seems like the book should be a good read. Look for my review sometime in August.