Furnishes all the tools you need to make money when the stock market heads south. Learn to implement intricate strategies in this concise, well-organized volume. Important rules to follow, plus tools... This description may be from another edition of this product.
Great Overall Resource-Superior to Most Options Books
Published by Thriftbooks.com User , 22 years ago
Thorough and well-written. Caes wisely divides the book into 5 sections: Basics, Short Sales, Put Buying, Call Writing and the Markets. Each section has a terrific "common misconceptions" chapter. Caes also points out how to "reverse" the strategy for a bull market. Enron, Lucent, JDS Uniphase, employees of these and other tech firms could have hedged their sadly misallocated 401Ks and stock options with put buying, a topic very well covered here. John Murphy's "Chart Reading Made Easy" an ideal companion for this book. Even relatively short bear market dips as in Jan/Feb 2002 can be the source of surprisingly big profits. "Tools of the Bear" can be hard to find, is well worth the search!
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