Joe, Since you have heard of Brinker you must know that he is a market timer. He claims he can predict when to sell everything and avoid bear markets. What is your opinion of that strategy? Do you know of anyone who has consistently been successful doing that?
I have not heard him for awhile. It was a couple of months ago. I believe it was on one of the Saturday's or Sunday's radio Stations when I was driving home.
No, I am not a market timer or trader. I truly do not believe that it is possible to keep up with the mega computers on Wall Street, Congress who have insider information and are exempt from the SEC laws that we are bound.
However, I do monitor the market using the bell shaped statistical curve and market probabilities along with the how the market's sector rotation does occur during the four phases of the market in relation to the GDP, interest rates and seasonality. I have on my bulletin board charts of the various market sectors making up the Sector Rotation Strategy Model and How Bull Markets Start Their Run and how long the Bull market last. According to the Chart the BM bottomed at approximate 3/9/08 and then began its climb through 11/10. What is interesting it parallels the low interest rates that the Federal Reserve established, Tarp and Stimulus which Bush and Obama pushed through. Additionally, companies to maximize the profits for stockholder increased their use of technology, continued outsourcing jobs to other countries, etc. This resulted in layoffs in the private and public sectors. The downside, individuals who are low risk takers, put their money in CD's that were earning less than 1% on their investment while higher risk takers jumped into the risky market. I bought stocks when the market/sectors bell shaped curve was at the 12 percentile level and everyone was crying, "there is blood on the street."
Like I previous have stated, investing requires a lot of research and reading, then projecting where the over market is going in the future.
On the Silicon Investor site I read and periodically interact with the Qualcomm Moderated Thread, Wennerstron Sem. Equipment Analysis, and thoroughly read what Gottfried, Jacob Snyder and Donal Wennerstrom reflect. |
