Contrarian Ripple Trading: A Low-Risk Strategy to Profiting from Short-Term Stock Trades (Wiley Trading)

210 Pages·2007·1.23 MB·English

by  Aidan J. McNamara

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Contrarian
Ripple
Trading
A Low-Risk Strategy to
Profiting from Short-Term
Stock Trades
AIDAN J. MCNAMARA
MARTHA A. BROZ˙ YNA
Foreword by
ROBERT TEITELMAN
FM JWPR042-McNamara(JWBK042-McNamara) August21,2007 15:53 CharCount=0
FM JWPR042-McNamara(JWBK042-McNamara) August21,2007 15:53 CharCount=0
Contrarian
Ripple
Trading
FM JWPR042-McNamara(JWBK042-McNamara) August21,2007 15:53 CharCount=0
FM JWPR042-McNamara(JWBK042-McNamara) August21,2007 15:53 CharCount=0
Contrarian
Ripple
Trading
A Low-Risk Strategy to
Profiting from Short-Term
Stock Trades
AIDAN J. MCNAMARA
MARTHA A. BROZ˙ YNA
Foreword by
ROBERT TEITELMAN
FM JWPR042-McNamara(JWBK042-McNamara) August21,2007 15:53 CharCount=0
Copyright(cid:1)C 2008byAidanJ.McNamaraandMarthaA.Broz˙yna.Allrightsreserved.
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PublishedsimultaneouslyinCanada.
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LibraryofCongressCataloging-in-PublicationData:
McNamara,AidanJ.,1957–
Contrarianrippletrading:alow-riskstrategytoprofitingfromshort-termstock
trades/AidanJ.McNamaraandMarthaA.Brozyna.
p. cm.
“PublishedsimultaneouslyinCanada.”
Includesbibliographicalreferences.
ISBN978-0-470-13976-9(cloth)
1.Speculation. 2.Stocks. 3.Investments. I.Brozyna,MarthaA.,1973– II.Title.
HG6041.M3862008
332.63(cid:2)22–dc22 2007016901
PrintedintheUnitedStatesofAmerica.
10 9 8 7 6 5 4 3 2 1
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Forourchildren,
Jonathan,Justine,andLiam
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FM JWPR042-McNamara(JWBK042-McNamara) August21,2007 15:53 CharCount=0
Contents
Foreword ix
Preface xiii
Introduction 1
CHAPTER 1 The Buttonwood Tree 7
CHAPTER 2 “In the Long Run, We’re All Dead” 15
CHAPTER 3 Tides, Waves ...and Ripples 37
CHAPTER 4 Ripple Trading a` la Contrarian Style 47
CHAPTER 5 What to Buy, When to Sell? 61
CHAPTER 6 Contrarian Ripple Trading in Practice 85
CHAPTER 7 Special Situation Purchases 111
CHAPTER 8 On Self-Discipline 135
APPENDIX A Trading Record for 2005 (Net of All
Commissions) 149
APPENDIXB Trading Record for 2006 (Net of All
Commissions) 159
APPENDIXC Trading Record for 2007, January–
February (Net of All Commissions) 175
APPENDIXD Stocks Purchased During 2005,
2006, and 2007 and Not Sold as of
February 28, 2007 177
Notes 179
vii
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viii CONTENTS
Bibliography 183
About the Authors 185
Index 187