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Tuesday, December 06, 2005

Stock Trader's Almanac 2006

Almanac2006My new copy of Stock Trader's Almanac 2006 arrived in the mail yesterday and as usual I spent some to leafing through it. Among a few new book suggestions (they named Technical Analysis - Power Tools for Active Investors the best investment book of the year), I found a few handful of market stats that I'm sure will make the rounds as the gurus make their bold predictions for 2006.

One that caught my eye is why a +50% gain in the Dow is possible from its 2006 low to its 2007 high (the logic follows that since 1914 the Dow has gained 50% on average from its midterm election year low to its subsequent high in the following pre-election year). There are other stats out there this year's Almanac covers and I'm sure you're going to hear various interpretations of them as the market forecasters look through their crystal balls.

Posted by Kirk at 10:14 AM in Readings | Bookmark | Feeds | Link |


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