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In most areas of human endeavor, bluffing is an easy way of getting by -- a method of artificially appearing knowledgeable. The Bluffer's Guides are a three million-copy best-selling series of snappy little books containing facts, jargon, and inside information -- all that readers need to know to hold their own among the experts.

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In most areas of human endeavor, bluffing is an easy way of getting by -- a method of artificially appearing knowledgeable. The Bluffer's Guides are a three million-copy best-selling series of snappy little books containing facts, jargon, and inside information -- all that readers need to know to hold their own among the experts.

Focusing on market microstructure, Harris (chief economist, U.S. Securities and Exchange Commission) introduces the practices and regulations governing stock trading markets. Writing to be understandable to the lay reader, he examines the structure of trading, puts forward an economic theory of trading, discusses speculative trading strategies, explores liquidity and volatility, and considers the evaluation of trader performance. Annotation (c)2003 Book News, Inc., Portland, OR (booknews.com).