Taming the Bear
Реклама. ООО «ЛитРес», ИНН: 7719571260.
Оглавление
Tate Christopher. Taming the Bear
PREFACE
PART I. BEAR SPOTTING
1. THE PSYCHOLOGY OF BEAR MARKETS
THE BULL/BEAR MARKET CYCLE
REASONS FOR PRICE REVERSAL
THE REVERSAL PROCESS
WHAT HAPPENS IN THE MINDS OF TRADERS
2. HOW TO IDENTIFY A BEAR MARKET
MARKET PHASES
MARKET VOLUME
LOOK BEYOND THE MAJOR INDICES
3. CAN WE PREDICT CRASHES?
A HISTORY LESSON
HINDSIGHT AS AN INVESTMENT TOOL
TREND AND SENTIMENT ANALYSIS
PART II. BEAR TAMING
4. THE BIG PICTURE
MARKET CYCLES IN THE UNITED STATES
THE MYTH OF OCTOBER
5. DESIGNING A BEAR MARKET TRADING SYSTEM
TRENDLINES
MOVING AVERAGES
RSI DIVERGENCES
SRSI DIVERGENCES
BREAK-OUT TRADING SYSTEMS
CONCLUSION
6. INDEX TRADING
THE SPI
BEAR TRADING THE SPI
EXIT RULES
7. USING OPTIONS TO TRADE THE SPI
RANGE-TRADING TECHNIQUES FOR THE SPI
8. PORTFOLIO MANAGEMENT FOR BEAR MARKETS
RULES FOR PORTFOLIO TRADING
9. PORTFOLIO MANAGEMENT USING DERIVATIVES
WARRANT TRADING FOR BEARS
PORTFOLIO MANAGEMENT USING OPTIONS
RANGE TRADING
10. THE PERVERSITY OF MARKETS
11. The Bear Market Trader’s Survival Guide
APPENDIX A. NCP DIVERGENCES
APPENDIX B. APPROVED COMPANIES FOR SHORT-SELLING
GLOSSARY
INDEX
Отрывок из книги
IF ASKED TO define a bear market, most investors would say that it is a period of continually declining prices in the entire market. Such an answer would be only partly correct. A bear market may encompass the entire market, but it can also affect a subsection of the market, such as gold stocks (as in 1997), or an individual stock, such as BHP.
Furthermore, a bear market may not actually entail prices falling; prices may just drift sideways in a narrow band for a period of time.
.....
TABLE 1.1 – “FORECASTING” RECORD OF MUTUAL FUNDS BASED ON CASH-TO-ASSETS RATIO
This table tracks the performance of mutual funds in the United States for the period 1956 to 1988. It analyses the cash-to-assets ratio of the funds, and then uses this as an indicator of whether the fund is bullish or bearish. This investment stance is then reviewed to see if the funds’ predictions were correct.
.....