Customer Reviews

Stock Trader's Almanac 2002

5 star:		(2)
4 star:		(1)
3 star:		(0)
2 star:		(0)
1 star:		(0)

 

 

Great Book but I don't know if it justifies the price. In many ways, it will open your eyes on some facts that were not obvious to you.

This is the absolute book for market stats. In addition, the book also includes several of last year's best investment books concise summary. I find these to be a valuable "free gifts".

And for the reason of the four stars rating, I find that there are crucial statistics that this version lacks, such as the analysis of bull and bear markets (mean, median, range, etc.). If Victor Sperandeo in his "Trader Vic--Methods of a Wall Street Master " is able to generate these stats, why Hirsch, the Master of Wall Street Stats, omits this important data?

I use this book as a personal calender. The timely reminders about the seasonal trades are always before me. It is a resource that I have turned to repeatedly as I try to maximize my investments.

Details about triple witching, holidays, seasons and days of the week make this a tool anyone can use.

Through this book's analysis and recommendations, I turned my '457 fund from an 8% loss for 2001 to a 16% gain instead!!

This was a result of seasonal timing, and my own discipline as a trader, and considering the fact that I didn't use any type of shorts or hedge fund!