Analyst Uncovers Patterns That can Predict Wall Street

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Book shows investors how to manage risk and make money

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“You have to do your homework. If you’re not in the right investments or the right sector, your investment’s not going to work for you,” Mjigal says.

Tahar Mjigal has analyzed 90 years of Wall Street history, and he uncovered patterns that repeat without fail – patterns that could help us avoid a repeat of the recent economic crisis.

Mjigal is a director of risk management at International Capital Management Corp. (ICMC) who holds an MBA in international finance and speaks three languages (Arabic, French and English). In his new book Tactical Management in the Secular Bear Market, Mjigal presents a framework for identifying the phases that signify a bear or a bull market.

He says money managers must change the way they advise clients – and investors themselves must pay close attention to the markets, rather than simply rely on the advice of others.

“You have to do your homework. If you’re not in the right investments or the right sector, your investment’s not going to work for you,” Mjigal says. “Most people come to advisors at age 25 to 30, and they want to be able to retire in their late 50s or early 60s. They’re told that stocks perform well over time, so they don’t worry about market fluctuations. But for many of those people, the market has been flat throughout their career, so now that they’re ready to retire, they can’t afford to.”

According to historic patterns, the economy has to have time to heal. It’s a long cycle, Mjigal says, one that won’t even begin until 2013, later than most analysts are predicting.

“The current secular bear market peaked in 1979. Like an earthquake, it’s going to cause aftershocks that start in 2013 and extend through 2020. Tactical Management in the Secular Bear Market aims to show advisors and investors how to manage portfolios during this time,” Mjigal says.

About the author
Tahar Mjigal, CPM, is director of risk management at International Capital Management Corp. (ICMC). He holds an MBA in international finance and a bachelor’s degree in engineering statistics and applied economics. Originally from Morocco, he is fluent in three languages (Arabic, French and English). He is regional director of GARP (Dallas chapter). You can find him on Twitter, Facebook and LinkedIn and at http://taharmjigal.wordpress.com/. He lives in McKinney, Texas (near Dallas) with his wife.

EDITORS: For review copies or interview requests, contact:
Cindy Dashnaw
Tel: 317.602.7137
Fax: 317.536.3775
Email: cdashnaw(at)bohlsenpr(dot)com
(When requesting a review copy, please provide a street address.)

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