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Wall Street Money Machine : New and Incredible Strategies for Cash Flow and Wealth Enhancement |
List Price: $17.00
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Product Info |
Reviews |
Rating: Summary: picking flowers out of a weed patch Review: I found wade to be a true american go getter but, he tends to wander on about his days as a taxi driver at the sacrifice of good information. I feel the 241 pages of material could be boiled down to 100 pages of true material and still have room for his life story. Don't get me wrong i would like to thank him for the marvelous information which has changed my life but i feel that a person wanting to learn his methods would benefit from less clutter and more information.
Rating: Summary: I'M EXCITED Review: After reading WALL STREET MONEY MACHINE, I decided to try my luck in the market, last Tuesday I bought shares of AMAZON. COM both in my IRA and options in my brokerage account using the "Options on Stock Splits" Strategy that Wade teaches My $43 stock is now worth $62 and my $3 options are now worth $16! Most os this has been just in the last three days and in the midst of the "Asian Contagian".I just read STOCK MARKET MIRACLES and BEAR MARKET BALONEY and am ready for some "DEAD CAT BOUNCE" and "BOTTOM FISHING".I have read all of the reviews and I guess people haven't truly read or understood the strategies. If you have more than 5% of your money in options, you definitely have missed the boat. You need to reread WALL STREET MONEY MACHINE.
Rating: Summary: P.T. Barnum would be proud. Review: Before becoming a stock market genius in the nineties, Wade Cook was peddling get rich quick with real estate schemes. He published several books in the 80's (How to build a real estate money machine, for example), before losing his a** and declaring bankruptcy. Now he's bilking a whole new set of suckers. I can only believe that all the '10' reviews are Wade Cook plants. But if you just can't resist, go ahead and try it - you'll be sorely disappointed!
Rating: Summary: DESERVES BETTER THAN A 10 RATING AND CRACK POT REVIEWS! Review: Wade Cook's techniques work for anyone who is willing to put them to work! Covered Calls are a powerful, yet safe strategy to make upwards to 20-30% monthly rates of return. Options are a more aggressive and therefore riskier investment strategy that offer rapids rates of return. I bought puts on 5/31/98 that doubled in value in 3 trading days! As far as WADE Stock dropping, why did DELL drop 19 pts and DISNEY drop 18 pts in two weeks? Don't they know that there is a bull market going on? By the way, WEALTH 101, is a excellent supplement to WALL STREET MONEY MACHINE & STOCK MARKET MIRACLES. --This text refers to an out of print or unavailable edition of this title
Rating: Summary: Buy a lotto ticket instead... Review: I wonder why Wade's stock (WADE) has dropped from 5 to less than 2 since January? Doesn't he know there's a bull market on? Maybe he's running out of suckers??? I wish he'd leave Seattle; we're getting a bad reputation. I'd also like to get off his mailing list--litteraly 2-4 junk mailings a week for the last three months! This book is a total waste of time and money. I can only imagine that all the "10's" appearing on this page are plants by Wade himself! Take my advice: buy a lotto ticket!
Rating: Summary: Great and Informative!!! Review: Wade maybe a salesman by approach, and he makes that ever so clear, he knows what he is talking about! Now, I'm not one to just jump in and start trading with real money without ever experiencing the stock market first! And I recommend you do the same. READ READ READ!!! Educate yourself. And for God's sake, don't go to his seminar until you've MADE the tuition USING WADE'S TECHNIQUES!!
Rating: Summary: Great Book for all traders! Review: This book is great for experienced stock traders or people just starting. I read the first 90 pages in the store. I ended up purchasing it because I couldn't put it down. Easy reading and full of examples. I've made 47% in the last month with things I've leaned from the "rolling stocks" section. Covered call section is also great. I haven't used that yet. Good job Wade!
Rating: Summary: A FINANCIAL BREAKTHROUGH!! Review: Prior to WALL STREET MONEY MACHINE, my investing background consisted, at the most aggressive, mutual funds but mostly conservative financial products like cd's, treasuries and money market funds. WADE COOK has shown me how to invest for profit. Yes, I've had some losses, bt I've still averaging well above the 20% per month goal. I do this mostly with options on stock splits and covered calls. I keep reinvesting the profits. My IRA which was making a pittance of 6% at the credit union is now making 20-25% per month with covered calls and slightly less with rolling stocks and bottom fishing. I especially like doing covered calls in my IRA. In my regular brokerage account, I've taken moneyfrom my mtuals that were making about 20-25% per yr. and am doing options on stock splits, covered calls, range riders, bottom fishing and investing both in energy stocks for tax credits and annuities (no load mutuals) for tax deferrment. I am also combining covered calls with dividend capturing for cash flow and income generation. A Word of caution---don't just jump blindly in options trading or any of the WADE strategies. Do some paper plays frst ---research---use charts---read the WALL ST JOURNAL & INVESTORS BUSINESS DAILY---watch the BLOOMBERG report-- and ask, ask, ask QUESTIONS. All of the strategies work, but they can be a major headache if your careless. Do your homework--read WALL STREET MONEY MACHINE at least twice and I highly recommend STOCK MARKET MIRACLES too I now have more money to invest in even more mutuals than before in aggressive stock mutuals, making more profit off my principle in my brokerage accounts using the WADE COOK TECHNIQUES and have more money to improve my lifestyle while building my retirement for the future.
Rating: Summary: Good book, but his strategies don't always work Review: Good, simple, and well-written book, but makes reader think he can never go wrong. The ideas stated in the book are very logical and make sense, but in reality, don't always work out right. For instance, buy on dips. But how do you the stock will not dip any farther? You don't! These strategies will work for someone who is lucky. However, I enjoyed reading the book, and it is quite informative.
Rating: Summary: READER BEWARE Review: Wade Cook is a great salesman (snake-oil included) and this book is mainly about hawking his seminars,etc. If you are an EXPERIENCED investor there are some interesting things to investigate and evaluate in light of your knowledge. NOVICES-- beware! Using this book to get you started in the stock market is like reading a one paragraph synopsis of "Gone With the Wind" and thinking you've read the book!!! There are many fine books on investing and a search through the Amazon catalogs under Investing, Stocks, Options, etc. will turn up dozens (or hundreds) of well thought out and well written books by highly experienced people. One suggestion; look up as much information as you can about the author of a book that sounds interesting. Try to find books by people who make their living INVESTING! NOT some college professor who thinks he knows it all and has never made 10 cents in the market.
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