Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Moominoid who wrote (63436)	5/5/2005 8:40:13 AM
From: shades	Read Replies (2) of 74559

Definitely have to keep it simple for myself, can't take the time to get into complex tricks. "Much of the info out there about TA is completely invalid. It is no surprise that financial economists can't find any evidence that it works (those that do like me (though I'm not a financial economist) maybe stay quiet and make money rather than publish :))." Kaultbaum on his show a few days ago said if you just went long august to january and sat out the markets summer since 1960 you would have 10K grown to 500K. If you just went long may through the summer your 10K would have lost 500 dollars by today. That is a pretty strong case for sell in may and go away no?

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