Timing the Market: How To Profit in the Stock Market Using the Yield Curve, Technical Analysis

Product Description

The first definitive guide to understanding and profiting from the relationship between the stock market and interest rates

It's well established that interest rates significantly impact the stock market. This is the first book that definitively explores the interest rate/stock market relationship and describes a specific system for profiting from the relationship. Timing the Market provides an historically proven system, rooted in fundamental economics, that allows investors and traders to forecast the stock market using data from the interest rate markets-together with supporting market sentiment and cultural indicators-to pinpoint and profit from major turns in the stock market.

Deborah Weir (Greenwich, CT) is President of Wealth Strategies, a firm that does marketing for traditional money managers and hedge funds. She is a Chartered Financial Analyst and is the first woman president of the Stamford CFA Society.
Product Details

* Amazon Sales Rank: #172372 in Books
* Published on: 2005-11-04
* Original language: English
* Number of items: 1
* Binding: Hardcover
* 432 pages

Customer Reviews

Excellent4
I strongly recommend this book for every investor. It covers all the major market timing techniques and does a great job in explaining them. The book is comprehensive, well organized, and well explained. There is only one chapter that I really hated --chapter 16 which talks about the relation between trends in woman beauty and the market. This chapter should just be removed from the book; luckily it is only 10 pages long!

POS! Danger -- Don't make the same mistake I made!!1
I bought this book awhile ago. Studied it. It all sounded so good. And then I tried to recreate the buy/sell signal data.... If you already own the book and are using it to make investment decisions, be sure to try this exercise and answer the question at the end.

Go to Appendix 2.1 on page 333. Let's dig into the sell signal on "2000-08-01" as an example. First of all, as Weir explains in her book on page 15-16, the Treasury data is a monthly average. The Three-Month Bill entry is 6.09. That is an average of the 3-month yields from 8/1/2000 to 8/31/2000 (using the daily rates from H.15 3-month Treasury Bill secondary market rate data). Since that is an average, it is known on 8/31/2000 at the earliest. The same is true for the Ten-Year note and therefore the yield spread. Other than the misleading date name in the table (2000-08-01), so far so good.

Now we have a signal to Sell on 8/31/2000, right? The S&P 500 Index for 8/31/2000 is 1517.68. (Yahoo's daily historical Prices for S&P 500 INDEX,RTH (^GSPC)). The "2000-08-01" entry in the book shows 1430 which is what the S&P 500 Index was for 7/31/2000, a month earlier. The same is true for all the entries in appendix 2.1.

So the question is: how is it that you can buy and sell an index based on signals you won't know until a month later?

What a scam!!

Great Investment Informtion On Interet Rate Cycles5
I'm on my second reading and taking notes. This is the book you want if your interested in which market to be invested in and when. Inside information about the way fund managers think and act. Knowing when to be in stocks, bonds or gold is the most important information one can have when putting your money on the line....Deborah Weir's book,Timing the Market: How To Profit in the Stock Market Using the Yield Curve, Technical Analysis, and Cultural Indicators, does just that. My advice after being in the financial markets for over 45 years is...don't invest without this knowledge.