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Hampshire
GU32 2EW
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Press releases

Press Release

Friday 4 January 2008

A Beginner's Guide to Charting Financial Markets

Harriman House

Investment expert publishes straightforward guide to technical analysis

Financial publisher Harriman House will kick off the new year with a beginner's guide to the often complex world of technical analysis.

Michael Kahn's book is about arming you with one simple tool that will enhance your investment decision-making process - the chart. It is not the Holy Grail and even if applied exactly as offered there is no guarantee that you will be successful. But owning a high quality hammer is no guarantee that the user will build a beautiful house. The hammer is a tool and in most cases the user will still need other tools - and knowledge - to build that house.

Despite its enormous and still growing popularity, technical market analysis still gets a bad rap. Purveyors of this art have been called tealeaf readers and many similar names, but that has nothing to do with what technical analysis is attempting to do. If we strip away all the fancy indicators and obtuse jargon, what is left are time-tested methods of finding investment opportunities and assessing their risk. There is no fortune telling here; only figuring out what we can do about the market. And what we do is the only part of the markets that we can control.

What this new book will do is give you the basics needed to look at a chart and get a feel for what the market or individual stock is doing. It covers only the nuts and bolts of chart analysis, barely touching upon the next level concepts and definitely leaving the whiz-bang stuff well alone.

Kahn comments: "My book will not replace your current methods of stock selection and investment strategies. What it can do, however, is add a new dimension to the analysis to confirm or refute what is already known. Basically, there is no need to give up other methods for selecting stocks although by the end of the book you may be drawn to further learning and eventually discover that charts can, indeed, be the primary, if not sole, investment decision-making tools."

Ends

ABOUT THE AUTHOR:

Michael Kahn currently writes the twice-weekly column Getting Technical for Barron's Online. He also produces a daily technical market newsletter, Quick Takes Pro (www.QuickTakesPro.com). Previously, he was chief technical analyst for BridgeNews, a division of Bridge Information Systems.

He has been a regular guest on the Nightly Business Report on PBS, has appeared on CNBC and was the editor of the Market Technicians Association newsletter Technically Speaking. Prior to writing technical commentary, Kahn was a senior product manager for Knight-Ridder Financial before that company was merged into Bridge. He was also a co-editor of the Tradecenter Market Letter.

Kahn was a senior municipal bond specialist with Merrill Lynch in the 80's. He also worked in the Financial Planning Department at Shearson Lehman American Express. He holds a Bachelor of Arts in Physics and Economics from Brandeis University and a Master of Business Administration from New York University.

ADDITIONAL INFORMATION:

More details can be found online at: www.harriman-house.com/chartingfinancialmarkets

For further information on this book or its author, please contact Helen McCusker in the PR department at Harriman House:

Tel: +44 (0)1730 233885
Email: pr@harriman-house.com

Harriman House Ltd, 3A Penns Road, Petersfield, Hampshire, GU32 2EW

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A Beginner's Guide to Charting Financial Markets

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