Stock Trader's Almanac 2004 (Almanac Investor Series)
by Jeffrey A. Hirsch, Yale Hirsch

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Book Reviews of Stock Trader's Almanac 2004 (Almanac Investor Series)

Book Review: This book can make (save) you money
Summary: 5 Stars

In the prior edition was an extensive review of the effect of the pre-presidential election year. It would have been a great tip off to the rally that began in March of 2003. There hasn't been a losing year in the Dow 30 since FDR. If you had reviewed this page you would not have been caught flatfooted. (see page 42 & 30). In this year you can review the historical track record of election year markets (pg 34).

In fairness, the Lester indicator (on page 40) was misleading in 2003 as the Dec 2002 low was violates and then the S & P roared to new highs in March. It was tradeable in that with proper risk control you could have made a 4%+gain, below the average listed as 10.7%.

Sometimes there is additional work you can do to make the #s more understandable. I went to page 18 to calculate the net Feb-Dec return of the respective January Effect listings (after all, aren't you most interested in how it performs after you get the signal?). For the record, it was not a good signal this year.

There is a review of Larry William's "The Right Stock at the Right Time". The review mentions many market anomalies like are found in the Almanac. I will make a point to read this book. I read the book reviewed in the 1993 edition and it was exactly as represented, so I have great confidence that this review is spot on as well. There are several other investment books as well on page 98

If you want to play the various oddities to beat the market, this book makes it simple. Since it has a week by week calendar, it could be your organizer. Imagine that, an organizer that makes you money.

Summary of Stock Trader's Almanac 2004 (Almanac Investor Series)

"I have every issue since 1976 in my bookcase. They are an invaluable resource."-- Marty Zweig, Managing Director, Zweig-DiMenna Associates, LLC

"It's a treasure for investors who want to remember the past as they plan for the future."-- Louis Rukeyser, host and commentator of "Louis Rukeyser's Wall Street" and Editor-In-Chief of Louis Rukeyser's Wall Street and Louis Rukeyser's Mutual Funds newsletters

The Stock Trader's Almanac is the only investment tool that will help you forecast market trends with accuracy and confidence! With the Stock Trader's Almanac, you'll have at your fingertips all the historical price information on the stock market, monthly and daily trading reminders, and seasonal market opportunities. This wealth of information has established the Stock Trader's Almanac as "The Most Influential Book on Wall Street" among money managers, journalists, traders and savvy investors.

As the coming year is a Presidential election year, the 2004 Stock Trader's Almanac updates crucial market tendencies unique to an election year and provides key indicators such as:

• Market charts of Presidential election years
• Incumbent victories vs. incumbent defeats pattern
• The Presidential election/stock market cycle
• How the market acts as a barometer between the last convention and Election Day

Additionally, the 2004 Edition contains updated seasonal, monthly, daily and intra-day patterns; major indicators such as the "Incredible January Barometer"; the Market Probability Calendar; and bullish and bearish reminders for practically every trading day.

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• Subjects > Business & Investing > Finance
• Investing
• Education & Reference > Almanacs & Yearbooks > Almanacs