Martin Pring explains the environment in which individual groups do well and how you can spot it. He also teaches you powerful technical concepts such as comparative relative strength. Using relative strength allows you to spot stocks that are likely to outperform the market, optimizing the use of your valuable capital.
Also covered is how divergences between the relative and absolute performance indicate in advance when a stock is likely to reverse trend. Identifying long-term reversals using his KST (Know Sure Thing) indicator helps put things into perspective so you can zero in on several short-term technical tools for more precise market timing.
Topics include: the concept of Relative Strength, Relative Strength interpretation, marketplace examples of Relative Strength, long-term smoothed momentum, introduction to the KST, financial markets and the business cycle, the chronology of bond, stock and commodity turning points, group rotation around the business cycle, selecting groups and stocks at major turning points, using changes in strategic relationships to identify rotational leadership changes, and combining long-term perspective with short-term signals to isolate attractive stock candidates.
