Daily Archives: November 26, 2010

BOOK BITS FOR FRIDAY: 11.26.2010

The Little Book of Sideways Markets: How to Make Money in Markets that Go Nowhere
By Vitaliy N. Katsenelson
Excerpt via publisher, John Wiley & Sons
Get ready for a great roller-coaster rise in the markets. For the next decade or so the Dow Jones Industrial Average and the S&P 500 index will likely do what they did over the preceding decade: go up and down, setting all-time highs and multiyear lows along the way. But at the end of the rise, index and buy-and-hold stock investors, having experienced ups and downs and swings akin to those on an amusement park rise, will find themselves pretty much back where they started.

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