Spanky,
I agree with you & the diehards. For MOST people they should stick with the simple books on the diehards site. There may be a few folks (like Brewer?) who are into investing full time, constantly doing research and watching the market. These folks *may* have better and more sophisticated approaches. I'm a big Buffet fan, you could describe him as a buy & hold investor and maybe a value investor (certainly not a momentum investor). But he buys companies, how his strategy would work for someone on a salary with just a few hundred a month to invest is questionable.
I enjoy reading about options, hedges and the like but buy none of them myself directly. My investments are actually pretty boring, which is fine by me.