Stock Trader's Almanac 2004 (Stock Trader's Almanac) (ISBN 0471477540)

Download Description:
J.P. Morgan's classic retort "Stocks will fluctuate" is often quoted with a wink-of-the-eye implication that the only predication one can make about the stock market is that it will go up, down, or sideways. Many investors agree that no one ever really knows which way the market will move. Nothing could be farther from the truth. We discovered that while stocks do indeed fluctuate, the do so in well-defined, often predictable, patterns. These patterns recur too frequently to be the result of chance or coincidence. How else do we explain that since 1950 practically all the gains in the market were made during November thorough April compared to almost nothing May through October? (See page 50) The Almanac is a practical investment tool. Its wealth of information is organized on a calendar basis. It alerts you to those little-know market patterns and tendencies on which shrewd professional enhance profit potential. You will be able to forecast market trends with accuracy and confidence when you use the Almanac to help you understand: How our presidential elections affect the economy and the stock market - just as the moon affects the tides. Many investors have made fortunes following the political cycle. You can be sure that money managers who control billions of millions of dollars are also political cycle watchers. Astute people do not ignore a pattern that has been working effectively throughout most of our economic history. How the passage of the Twentieth Amendment to the Constitution fathered the January Barometer. This barometer has an outstanding record for predicting the general course of the stock market each year with only five major errors since 1950 for a 90.7% accuracy ratio. Why there is a significant market bias at certain times of the day, week, month, and year. Even if you are an investor who pays scant attention to cycles, indicators and patterns, your investment survival could hinge on your interpretation on one of the recurring patterns found with these pages. One of the most intriguing and important patterns is the symbiotic relationship between Washington and Wall Street. Aside from the potential profitability in seasonal patterns, there's the pure joy of seeing the market very often do just what you expected.

Essential tool for any market historian.:
I've been investing and trading for 24 years and it's just been recently (in the last 5 years) that I have discovered how well it pays to be a historian when it comes stocks. The almanac is an essential tool for any serious market historian and is packed full of useful information relevant to minor to major market trends and statistics that should be in the minds of anyone who wants to make money trading stocks. This book costs you nothing. It will pay for itself.

A Decent Book on Historical Stock Market Data:
A reasonably good reference book on historical stock market data. It was never designed to teach derivatives trading, long/short executions or day trading. It is historical reference data to be taken and used as you wish. Mr. Twain was far too harsh on the book and makes one wonder if he has ever invested serious money ( $ 500,000.00+ ) ,in the markets whether he was long, short or day trading. Crabel and Rashke advocate short term trading, not strategic or tactical investing. The Stock Trader's Almanac is better used as an investing tool for those that like to revisit historical perspectives, I have used it on occasion myself. The book is well worth $ 13.98 especially as an educational tool for the novice. I am a professional stock investor / trader and average a net profit income of $ 250,000.00+ yearly from a total investment of $ 750,000.00 in the markets. I go long, short, equities, commodities, etc. I still refer to the Almanac on occasion and likely will continue to do so.

This book has already helped me with my trades:
The Stock Trader's Almanac tells you what has happened historically in the market so that you can predict with fairly good accuracy what will happen in the future. For example: The Day after most holidays are almost always great for the market. An exception is the day after Easter which is almost always a down day in the market but the Tuesday after Easter usually surges. I read that information, checked my charts, and placed my orders accordingly. Guess what? The market performed exactly as it's historical record predicted. This book is a wonderful source of seasonal trends and historical data. After all to ignore the past is to go blindly into the future. I would highly recommend this book.

Beware of superbookdeals seller:
If you want to buy the book, go ahead, just be careful of superbookdeals, they take your money but don't deliver and don't answer emails. Caveat Emptor.

An Amazing Stock Tool:
The Stock Trader's Almanac has already helped me with my trades. What does it do? It tells you what has happened in the Dow and Nasdaq in the passt so that you can predict with fairly good accuracy what will happen in the future. It also tells you in very plain English what the seasonal trends have been and what trends have been in pre and post presidential elections. I would highly recommend this book.