Ralph Acampora

Ralph Acampora is Director of Technical Analysis at Prudential Securities and considered a "guru" for thousands of market professionals. He came to national prominence in 1995 when, long before almost anyone else, he predicted that the Dow Jones Industrial Average was entering a powerful bull market; and he astounded his colleagues and the financial world by telling his brokers and clients that the Dow, then at 4,500, was heading toward 7,000. He then went on to accurately predict the Dow's breathtaking advance to 8,250 and 10,000.

In his book, The Fourth Mega-Market, Acampora compares the last mega-market to three previous mega-markets in American history. He bring to life each era's major events and characters and draws fascinating analogies to the present. History shows how investors react under specific circumstances, and Acampora shows that looking back may be the best way to see what's ahead in today's volatile markets.

In an entertaining and straightforward style, Acampora shows patterns that can help explain market performance. He demonstrates how technical analysis, which is really the science of understanding investor psychology, helps us understand the market, whether it is rising, falling or moving sideways. He offers advice on spotting the inevitable corrections that occur with regularity in every mega-market. He explains how psychology and politics influence the market and provides tools to analyze the performance of various market segments and individual stocks.