What a gem of a book, especially for a new or intermediate level investor who is looking for a broader perspective on the type of investment methods they might want to follow. There are no charts in the book, and only a few techniques or systems get described in any detail. This is a "why" book more than a "how to" book, although some of the analysts have written books on their techniques if you find something that lights a bulb for you.
The basic flow is a set of common questions asked of leading technical analysts, like John Murphy, Stan Weinstein, Bob Farrell, Paul Desmond and Ralph Alcampora (similar to the "Market Wizard's" books). The questions and the complete set of answers provides a rich look inside the thoughts and beliefs of some of the giants of technical analysis, like insights on why technical analysis is a study of market psychology as analyzed through the filter of supply and demand, that technical analysis is really the best way to "time" a trade, even if fundamental analysis is used to find better potential candidates, on how to increase the "signal to market noise" ratio to improve performance, and the critical differences between an analyst/investor and a trader, and how you better find out which suits your personality best if you hope to succeed in the markets.
Some of the questions take the analysts back to the start of their career to see how they found their way to becoming leading analysts, and why they made some of the choices that they did. For someone who wants to know "why" someone did what they did in the investing world, this is a great read. If you still think that fundamental analysis is the only way to analyze markets and that technical analysis is voodoo, this book will open your eyes.
Enjoy!
