Product Description
“In this compelling book, Gerald Appel distills a lifetime of learning about what works on Wall Street into key principles of investment success. Whether you are new to the world of finance or you’re a veteran portfolio manager, you will gain from Gerald’s innovative research and his discerning insights into price behavior.”
Nelson Freeburg, Editor and Publisher, Formula Research
“This new book by Gerald Appel follows the rich legacy he has established over the years; it is a treasure chest of valuable advice which bestows on the reader the benefit of his decades of investment experience. It receives my highest recommendation.”
Edward D. Dobson, President, Traders Press
You can clearly outperform the stock market indexes and a “buy and hold” approach to investing. Leading investment expert Gerald Appel shows you how. Appel introduces The Weekly Stock Market Power Gauge that employs three specific market timing indicators that have had excellent performance histories going back as far as 1970. These timing indicators enable you to gauge the market strength and can be maintained by almost any investor in only a few minutes per week.
Using Appel’s techniques, you’ll learn how to forecast the likely direction of the market, and its relative strength compared with fixed income and other investments. The book provides exact buy-sell indicators, with specific signal generators and track records for readers to follow. In addition, Appel’s techniques help you identify the specific mutual funds, exchange-traded funds, and market sectors that are likely to be most profitable.
Simply put, Appel shows you what information you need to forecast the direction of stock prices with high probabilities of success, where to readily locate that information, how to interpret that information, and when to enter and when to exit the stock market.
- Gauge the market’s true inner pulse…
…and identify major market shifts in time to leverage them - Optimize your portfolio’s blend of risk and reward
Use proven timing models to systematically reduce risk and maximize profit opportunities - Master powerful momentum investing techniques
Win by going with the flow, not against it - Select the right equities, ETFs, and mutual funds
Objectively choose the best investments in any market environment
Beat the Market: Win with Proven Stock Selection and Market Timing Tools
25 Aug
11:51 am on August 25th, 2010
As with the first reviewer, I know that this model, system, strategy is defunct for this market. The bond-stock valuation system is promoted by Appel in his book over a period between 1981 and 2007. As history now states that was the greatest bull market in US history. So along with many strategies and systems built in that 30 year bull market they are now shelved. His backtesting and evidence of results looks solid, it is a simple model that was very effective given discipline. One thing that bothered me as a technical trader is that he didn’t run his system back 80 years to check the results. Most technical indicators and alarms are backtested in this manner to check their effectiveness in different market conditions. It would have been very interesting to see how it performed through the chop of the 70′s when bond and stock valuations were very out of whack, as they are now.
If I had the time I would go deeper. Buyer beware, not sure if this model will be as effective as it was over the past 30 years now that the playing field was blown up.
His coverage of market timing indicators is good, but textbook.
Appel writes clearly. He knows his model and knows what he is doing. Perhaps his timing was off when publishing this book. Hopefully he will respond to this review. I do like the elegance of his model.
Rating: 1 / 5
1:33 pm on August 25th, 2010
Gerald Appel is a respected market technician with many achievements and I generally like what he has written in the past. This is the reason I got this book. However after reading the first several chapters, I am little disappointed.
The most disappointing issue is the advertised bond-stock valuation models in chapter 2. Gerald apparently has quite high confidence in this model and based on this model, we would have a very good chance to have a bull market since end of 2007. However, as we all know know, there is a brutal bear market which wiped out more than half of major stock index since Oct. 2007 through Mar. 2009. The model only predicted max drawdown of around 11% in bullish periods, however this is totally off the mark this time. People following this model would have suffered great loss this time around. So this model is a complete breakdown this time. It probably should be abandoned or need major revision.
Compared to Gerald’s earlier book “Opportunity Investing”, this books may not be a clear winner. If you own that book, there probably is not too much need for this one, especially with the wrong model being promoted in the book.
The book, in general, is a quick read and many stuffs are easy to follow. But with any market timing model, things can completely break down. So use your judgment cautiously. Verify everything you want to follow.
Rating: 3 / 5