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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: Uncle Frank who wrote (2194)5/24/1999 8:19:00 PM
From: Mike Buckley  Read Replies (1) of 54805
 
What you are talking about is a timing model. It's been proven over and over again that it can't be done on a consistent basis, at least not by mortals.

Chaz,

Heed Frank's advice. The most compelling data I've seen to support his comment has to do with the S&P 500. If you were timing an S&P 500 index fund over the last 30 or 40 years and happened to be out of it during the wrong 15% of the time, there would have been virtually no profits. The corollary is that you would have to time the market to know which 15% was the right 15% to have all of the profits. Not possible. Not even by Frank and Lindy. :)

--Mike Buckley
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