by Yale Hirsch, Jeffrey A. Hirsch
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| List Price: | $39.95 |
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Product Description
Turn to Stock Trader's Almanac 2009, the indispensable annual resource, trusted for over 40 years by traders and investors. This practical investment tool includes historical patterns and little-known market trends and tendencies to help market participants forecast market trends with accuracy and confidence. Savvy professionals like money managers and journalists use this guide, which encapsulates the historical price information on the stock market, provides monthly and daily reminders, and alerts you to seasonal opportunities and dangers so that you can avoid making costly mistakes.
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Average Customer Review:
0 of 0 people found the following review helpful:
 Great tool for index traders and index ETF's and options., 2008-06-16
The almanacs don't attempt to teach you how to assess valuation or secular shifts, these books are historical trends of broader markets and indexes and they are often more accurate than wrong.
Interestingly, it seems when they're wrong it is a "duh, no brainer" such as when the trend for an up January often means an up year for the DOW, S&P except for times of war / duh !
Another gem, "Down Friday, Down Monday warning" that says market tops and bottoms are often denoted with a down Friday followed by the next Monday also down. This is a great tool in volatile markets like we've been experiencing for the last 13 months.
From November of 2004 - June 2006 this indicator was spotted 17 times and every time it was either the very bottom or top of the market OR within 1% of either.
If you need the other stuff I mentioned about how to assess valuation and secular trends then spend time at Vectorvest and even by reading Cramer's Real Jim Cramer's Real Money: Sane Investing in an Insane World to gain some fundamentals on these topics.
For index trading, the ST Almanac is required.
2 of 2 people found the following review helpful:
 good content bad quality of book, 2007-08-15
the book offers very good stats about the stocm market very very interesting, the cover and pages keep comming out of the cheap made spiral.
0 of 2 people found the following review helpful:
The Stock Trader's Almanac 2007, 2007-06-07
The 2007 Stock Trader's Almanac was a disappointment, however, I did enjoy the wit and humour. It is NOT very helpful for market timers.
0 of 0 people found the following review helpful:
best almanac for investors, 2007-03-09
i have been using this almanac for many many years and i also subscribed to their web services. Just one trade will be worth it.
I believe in probability when it comes to the stock market and one should try to line up everything you could to increase your probability of a successful trade or investment. Why not buy or sell with that in mind over and above the tools you use either foundamentals or technical or both.
2 of 3 people found the following review helpful:
Industry Standard, 2007-02-15
As the industry "heavies" go, this publication is definitely a standard. Clearly, every trader knows no one book is the answer-all; and, this annual is definitely worth serious consideration for standard trading watch.
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