bobster, I, like Gottfried, believe that the Bull Percentages for the sectors, NSYE, OTC AND 10WEEK are extremely important. If based on what we know, "the total market and sector is responsible for 75% of a stock price," then being in the proper sector at the right time is extremely important.
I believe that if I sell a stock in a sector which reaches the high percentile (70% or higher) as indicated by the charts, and, then, either sit on the side and wait to buy into the leading stock of a sector which has reached its low cycle (30% or lower) I will continue to have great returns.
To make great $$$$ I like to invest in the most volatile sectors which have the greatest swings.ie semiconductors, biogenics, etc. Then let the statistics work for me.
Maybe, I am incorrect? But, I will go the statistics! It also keeps out the emotion but requires patience.
Any thoughts?
Paul V |
