#temo
still not on board with market timing.
It's not market timing! ( )
it is absolutely market timing.
(I think people were dismissing this system not just because he isn't likeable, but also because he didn't seem to know what he was talking about.)
I absolutely know what I'm talking about. I went all OCD on this a while ago. I'm having trouble explaining it and you guys understanding it because we don't have a common frame of reference and vocabulary. Also the stimulus antibody response thing. It's also text on a screen with no visual aids. I'll add some VA, or just start a new thread on TA to prevent further mucking up this one.
You also can't seem to come up with a good link explaining it. You also seem to just be making crap up and cherry picking dates to start and end with.
I'm guessing you're talking about doing something like this?
http://www.jobenjoy.com/using-simple-moving-averages-to-time-the-market/
I imagine this is what he is talking about.... more specifically the dual 50 and 200 day moving averages. This is something that I have been very seriously considering doing with the SPY (S&P index). Essentially you are using moving averages as market indicators as to when you want to go short or long, based on the shorter term average crossing above or below the longer term.
Where I find value is that this can allow you to make money on the downswings in the market as well, or at least not lose money.
tradingview.com is a very neat website that lets you customize charts and add whatever indicators you feel are relevant. i use the 20, 50, and 200 day moving average along with a few others that have been surprisingly good predictors over the past couple of months that I have been following it.
Edit: before someone tees off on this, I am not doing this as a retirement strategy. Just something that I find interesting and want to get a feel for on more of a macro scale before I get into more specific investments.
Edit to my edit: I am not going to use this exclusively on a specific stock pick, I just think it is very important to have a technical idea of what the stock is doing before taking a position in it.