Русалка. Опера в четырех действиях, шести картинах. Либретто композитора по одноименной драме А.С.Пушкина

In Forecasting Financial Markets, Tony Plummer provides a compelling insight into the psychology of trading behaviour and shows how the herd instinct can have disastrous results for individual investors. The ability to make money in markets depends critically on an individual's ability to make decisions independently of the crowd. To attain such independence, the investor must develop the capacity to: understand the forces at work in logical terms; recognize - and neutralize - emotional responses to market fluctuations; design an investment process or trading system that generates objective buy and sell signals. This fifth edition has been completely updated to take into account the author's latest research into cycles and the implications that cyclical patterns and rhythms have for economic and financial market behaviour. Chapters deal with the phenomenon and nature of cycles, their recurrence in economic and financial activity and how they can be used effectively to forecast future market trends. About the Author: Tony Plummer is the director of Helmsman Economics Ltd, and is a former director of Hambros Bank Ltd and Hambros Fund Management Plc. He worked as a financial market assets manager between 1976 and 1999, concentrating on currencies and bonds, and now focuses on independent research into the patterns and rhythms of global markets. He lectures regularly on crowd psychology and technical analysis in the United States, Europe and the Far East Plummer provides the reader with an in-depth assessment of the phenomenon of cycles and patterns of economic and financial activity in order to make money in the world's financial markets. Forecasting Financial Markets provides a compelling insight into the psychology of trading behaviour and shows how "following the herd" can have disastrous results. It demonstrates how your ability to make money in the world's financial markets depends critically on your ability to make decisions independently of the crowd. Given the impact of the global credit crunch, it has become even more essential to be able to distinguish between short-term and longer-term trends at a time when panic selling and 'fire-sale' purchases are common. Forecasting Financial Markets details the three dimensions essential to achieve successful trading, including an ability to understand the forces at work in logical terms, recognize (and neutralize) any emotional responses to market fluctuations, and design an investment process or trading system that generates objective 'buy' or 'sell' signals. Taking the author's latest research into account, this important book provides you with an in-depth assessment of the phenomenon of cycles, patterns of economic and financial activity, and how to use cycles as a forecasting tool - including the author's forecasts for when the global economy will emerge from its current downturn. "The global credit boom and subsequent crunch provide strong evidence of the influence of group psychology on human behaviour. Forecasting Financial Markets argues that financial and economic crises are extreme versions of a general inability to separate personal investment and spending decisions from the behaviour of others. It shows bow commonly held beliefs and emotions generate regular rhythmic patterns in financial markets and in economic activity." "The compelling insight into investment psychology provided by Forecasting Financial Markets clearly shows how being trapped in the herd mentality can have disastrous results. It demonstrates how the potential for making money in the world's financial markets depends critically on the ability to make decisions independently of the crowd."--Jacket Wholly individual or indivisibly whole Two's a crowd The individual in the crowd The systems approach to crowd behaviour Cycles in the crowd Approaches to forecasting crowd behaviour The stock market crowd The shape of the bull-bear cycle Energy gaps and pro-trend shocks The spiral and the golden ratio The mathematical basis of price movements The shape of things to come The phenomenon of cycles The threefold nature of cycles Economic cycles Recurrence in economic and financial activity Integrating the cycles Forecasting with cycles Price patterns in financial markets The Elliott wave principle Information shocks and corrections The confirmation of buy and sell signals The psychology of fear The troubled trader The psychology of success Summary and conclusions.