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Summary: Nothing but powerful information - 100% returns!
Review: After reading Wall Street Money Machine #3-Bear Market Baloney last winter, I decided to use some of Wades advice.Wade says that during bear markets, energy and gold stocks do well. So far, I am up over 100% on Gold stocks that I in early 2002 and up another 100% on energy stocks that I bought this autumn.In addition, I have added to my cash flow by rolling 2 gold stocks using moving averages as advised by Wade in WSMM#1 and in Rolling Stocks.I highly recommend WSMM#3 along with WSMM#1 and Rolling Stocks to take advantage of the ranges that the market is and will continue to trade in.Great books.
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Summary: It's all about timing
Review: I bought the original version of this book, Bear Market Baloney back in '97 amidst the "Irrational Exuberance" mantra by Greenspan.This book saved and made me tens of thousands of dollars both during the "Bull MARKET" from '97 to 2000 and during that last Bear Market which lasted over three years and was the worst bear market in 60 years.I wholeheartily recommend Wall Street Money Machine Vol 3 along with 2 Down Years and Up We Go and Mr. Cook's newest book, "Red Light Green Light to learn how to work the ups and downs of the market.Remember, timing is everything.
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Summary: 20% Monthly gains during a "Bear Market"-Thanks WADE
Review: I bought this book after reading Wall Street Money Machine#1 and #2-Stock Market Miracles.In this book, Wall Street Money Machine #3-Bear Market Baloney Wade shows to take advantage of downturns in the market and still make money.To wit, I earned 20% on average writing naked calls and playing stock splits. As WADE advises in this book, I got a list of low beta stocks that perform well while growth stocks fall.Thank you WADE for a really great book.
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Summary: Nothing but powerful information
Review: I bought this volume 3 of the WALL STREET MONEY MACHINE Series right before the Clinton Bear Market hit and glad I did. Author Wade Cook shows us how to make money in any market and how to tell when a Bear MARKET IS STARTING. Thanks to the advice of this book, I was out of high beta stocks and rotated into low beta stocks. I was able to still make 20% monthly returns while everybodyelse was screaming bear market and the markets lost an estimated $2-3 trillion.You can make money in any market if you know how. This book shows you the how to.
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Summary: nothing but a sales pitch
Review: In this excellent book by Wade Cook, ignorance is replaced with knowledge and knowledge eliminates fear. With fear out of the way, sucess is virtually guaranteed.
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Summary: Strategies that work in any economy
Review: This book by Wade Cook is all about cash flow in any, even downturning economies.I recommend you read this now right along with Wall Street Money MACHINE No. 1 and No.2-Stock Market Miracles.
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Summary: Nothing but powerful information
Review: To the individual naysaying this book. Obviously by your comments, you never even read it. Mr. Cook does not say there will not or would not be a bear market, he offers advice how to trade successfully during a bear market. Had you taken the time to read it you would have known that and made money during that last bear market. Too bad--YOUR LOSS!
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