All About Market Timing: The Easy Way to Get Started

275 Pages·2005·3.301 MB·English

by  Masonson, Leslie N.

I I
THE EASY WAY TO GET STARTED
Everything You Need to KnowAbout
Timing Your Investments, including:
• Hve simple market Iiminll. straleR,ies
• Beaung bur-and-holdwith le-ss risk
forlong-term lnvesiors
• Profiuble inwsting inbull and be-ar markets
LESLIE N . MASDNSDN
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ALL ABOUT
MARKET TIMING
The Easy Way to Get Started
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O T H E R T I T L E S I N T H E
“A L L A B O U T . . .” F I N A N C E S E R I E S
All About Stocks, 2nd edition
by Esme Faerber
All About Bonds and Bond Mutual Funds, 2nd edition
by Esme Faerber
All About Options, 2nd edition
by Thomas McCafferty
All About Futures, 2nd edition
by Russel Wasendorf
All About Commodities
by Thomas McCafferty and Russel Wasendorf
All About Real Estate Investing, 2nd edition
by William Benke and Joseph M. Fowler
All About DRIPs and DSPs
by George C. Fisher
All About Mutual Funds, 2nd edition
by Bruce Jacobs
All About Stock Market Strategies
by David Brown and Kassandra Bentley
All About Index Funds
by Richard Ferri
All About Hedge Funds
by Robert Jaegar
All About Technical Analysis
by Constance Brown
All About Exchange-Traded Funds
by Archie Richards
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ALL ABOUT
MARKET TIMING
The Easy Way to Get Started
LESLIE N. MASONSON
McGraw-Hill
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Copyright ©2004 by Leslie M. Masonson. All rights reserved. Manufactured in the United States of
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DOI: 10.1036/0071436081
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D E D I C AT I O N
To my beautiful wife Marilyn,the love-of-my-life,who has brought out the
best in me.
To my wonderful children, Dan and Amy who have achieved their own
successes.
To my confident son-in-law,Seth Reese,who has brought dedication,skill,
and perseverance to a challenging profession.
To all investors all across America.
May you all benefit from the research and strategies in this book to find a
smarter way to invest.
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C O N T E N T S
Foreword ix
Acknowledgments xi
Introduction xiii
PART 1
MARKET-TIMING BASICS
Chapter 1
The Stock Market = Bull Markets + Bear Markets 3
Chapter 2
The Buy-and-Hold Myth 23
Chapter 3
Market-Timing: What You Need to Know 39
Chapter 4
Ten Indicators to Determine the Market’s Health 51
Chapter 5
Specialized Mutual Funds: Index, Sector, and Leveraged Funds 75
Chapter 6
Exchange-Traded Funds 89
PART 2
MARKET-TIMING STRATEGIES
Chapter 7
Calendar-Based Investing: The Best Six Months Strategy 99
vii
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viii CONTENTS
Chapter 8
Combining Presidential Cycle Years with Seasonality 119
Chapter 9
Using Moving Averages 131
Chapter 10
Value Line 4 Percent Strategy 153
Chapter 11
Nasdaq Composite 6 Percent Strategy 183
PART 3
MARKET-TIMING RESOURCES
Chapter 12
Market-Timing Resources: Newsletters, Web Sites, and Advisors 193
Chapter 13
Market-Timing Software 217
Epilogue 227
Bibliography and Web Sites 231
Index 235
About the Author 245