Wednesday, April 20, 2011

Super Boom--Book Review and Giveaway!!

Wiley Publishing is proud to present:

Why the Dow Jones Will Hit 38,820 and How You Can Profit From It
                                             By Jeffrey A. Hirsch. Available April 5th

In his brand new book SUPER BOOM: Why the Dow Jones Will Hit 38,820 and How You Can Profit From It, Stock Trader’s Almanac Editor-in-Chief Jeffrey A. Hirsch provides an in-depth analysis of his blockbuster super boom forecast introduced last October in the 44th annual edition of the Stock Trader’s Almanac.

In 1976, Stock Trader’s Almanac Founder Yale Hirsch predicted a 15-year super boom—a move in the stock market of 500% or more. His forecast was amazingly accurate as the market rose and continued upward, eventually posting a gain of 1,447% on the Dow Jones Industrials from the 1982 low to just before the tech crash in 2000. History has a way of repeating itself, especially in the financial markets.

Drawing on the bull’s-eye forecast of his predecessor, mentor, and father and incorporating his own knowledge of the inner workings of the stock market, long-term economic trends, and historical cycles, Jeff Hirsch shows how the Dow’s climb to 38,820 by the year 2025 from the Dow’s 2010 close of 11,577.51 is perfectly plausible. This climb represents a modest annual growth rate of 8.4% per year over 15 years. This is well within the range of long term average gains and even more attainable considering we are coming off the worst bear market in 80 years.

Jeffrey A. Hirsch is the President of the Hirsch Organization and Editor in Chief of the Stock Trader's Almanac. He worked with founder Yale Hirsch for fifteen years, taking over in 2001. He appears frequently on CNBC, CNN, Bloomberg, Fox Business, and many other national and international media outlets to discuss market cycles, seasonality, trading patterns, predictions, and historical trends. Hirsch also edits the firm's digital toolkit, Almanac Investor, a subscription-based product including investor alerts, market data, and research tools.

Superboom is written in 4 parts:  Part 1, Anatomy of a Super Boom.  Part 2, The Fortune Tellers.  Part 3, Booms and Busts of the Twentieth Century.  Part 4, The Prodigal Pattern Returns.  It also includes Appendix A, A Yale Hirtsch'e 1977 Stock Picks and Appendix B, 1977 Smart Money Newsletter Reprinted.   Key Terms, About the Author and the Index are included at the end.

Not knowing much about the stock market, I wasn't sure what I would think of this book.  I found this book to be very interesting.  I at least have a much better understanding of the ups and downs the stock market has faced since 1900.
I enjoyed reading the history along the way.  President Carter and President Obama are compared.  Very interesting!  There is mention of many things in history that served as a reminder to me the many things this country has endured over the years.  Knowing the history put a lot of things in perspective for me.

The book is full of graphs that pertain to the current reading.

If you already know the stock market and want to know what the future might hold, I recommend this book.
If you don't know about the stock market (like me), but want to learn, I recommend this book.
If you just want to read it for the history portions, I recommend this book.

Now for the fun part!  Wiley Publishing has offered me the chance to have a giveaway.  One of my blog readers will win a physical copy of Super Boom.

Giveaway starts April 20, 2011 and will end April 30, 2011 at 9 pm CST.  I will choose a winner from the comment entries using   Winner will have 48 hours to contact me with their information, or another winner will be drawn.  I must be able to email the winner so please make sure you leave in one of your comments a way to contact you.

Mandatory entry:  This must be done FIRST, or other entries do not count.
Comment and tell me what your interest is in reading Super Boom.

Other ways to get entries (leave a separate comment for each entry)

1.  Subscribe to my blog by email (upper left hand corner)

2.  Friend me on facebook.

3.  Follow my blog by google friend connect.

4.  Follow StockTraders Almanac on Twitter:

5.  Tweet this giveaway--you can use the share on twitter link above this post.  Please comment including the link to the tweet.  Use the hashtag #SuperBoom as well.  (this can be done twice during the duration of the giveaway)

6.   Blog or write about this  giveaway.  Leave the link to your post in your comment.  (any website that will allow you to share it counts, and you can also do this twice during the duration of the giveaway.)

7.  Place my blog button on  your website or blog.  Comment including the URL of where I will find it.  (this counts for 3 entries so please leave 3 comments.) 

Thanks and good luck to all!

Disclaimer:  I was sent the ebook version of Super Boom for the purpose of my review and giveaway.  I was not compensated for this review.  All opinions are my own.



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