The Stock Market Jungle
By Michael on Jun 12, 2004 in Books / Reading
it makes me wonder
How I keep from going under
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.
Tags: Books, Commodities, derivatives, Hedge Funds, Michael-J.-Panzner, Risk Management, Stock_Market_Jungle





















1 Comment(s)
By mike306oh on Dec 17, 2004 | Reply
***MLON - the Traders Jungle
“It’s like a jungle sometimes,
It makes me wonder
How I keep from going under.”
1. The Fox (Mario) gets plenty to eat.
2. The Bear (MM) gets enough to keep him going.
3. The Wolves (experienced traders) still find enough sheep to avoid going hungry.
4. The Sheep (the experienced traders followers), the Deer (day time dreamers), the Rats (the ones that shut: TO THE MOON), and other small living creatures (the beginners), all end up serving as a good meal to the above.
Sorry Michael for borrowing your poetry. In exchange, I offer you my two penny thoughts as it came to the biggest scam going on in pennyland right now. You might wish to use the idea to wright a traders jungle novel, or short article. If you do it, however, I would expect you to send me a free copy of it.
Regards,
Mike