Stock Trader's Almanac 2003

Author: Yale Hirsch, Jeffrey A. Hirsch
List Price: $29.95
Our Price: Click to see the latest and low price
ISBN: 1889223034
Publisher: Hirsch Organization (November, 2002)
Sales Rank: 36,946
Average Customer Rating: 5 out of 5

Customer Reviews

Rating: 5 out of 5
This book can make you money
"We discovered that while stocks do indeed fluctuate, they do so in well-defined, often predictable patterns. These patterns recur too frequently to be the result of chance or coincidence."

Thus begins this book in the introduction to the 36th edition. If you believe that days of the week, times of the year and part of the election cycle affect the stock market, then this book may contain many useful information points and actionable strategies. If not, read no further.

This edition contains much about the 3rd year of the presidential term and its prior effects on the stock markets. Page 42 (charts on page 30) contains a summary from 1915-1999. I shouldn't mention what it says, but the effect has been powerful in the prior observances. There is an actionable strategy in the book.

At the beginning of each month there is a summary of how that month had performed in prior years and how that might be best used in 2003.

The research that has been done into the January effect and the Santa Clause Rally is explained and action points are given. You can use this almanac to time your participation in the rally.

On page 52 is the summary of the "best 6 months" with an actionable strategy that, if it holds, will pay for this book and many others. It is powerful not only because of its simplicity, but because it takes advantage of many not easily noticed trends. This one stratagem makes the book worthy by itself.

Of interest are the reviews of a book about trading that the author/editor thought worthy of note. A review by Rockefeller of Trading Classic Chart Patterns is this year's added bonus (it is a reprint of a review from a magazine).

The book has a calendar with one week per page. You can use it as a substitute for a daytimer, though there isn't a tremndous amount of room on each day for notes. Imagine that, a daytimer that makes you money.

Similar Products

Stock Trader's Almanac 2004
The Master Swing Trader: Tools and Techniques to Profit from Outstanding Short-Term Trading Opportunities
Trader Vic--Methods of a Wall Street Master
Trading Classic Chart Patterns
The Right Stock at the Right Time: Prospering in the Coming Good Years


Book Index