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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Hawkmoon who wrote (12885)10/20/2011 3:11:11 AM
From: John Pitera  Read Replies (1) | Respond to of 33421
 
Hawk, my apologies as I know better and know that you know what you are doing, and trading and investing is all about time frames, and how the money is asset allocated for higher return /higher risk portions of a portfolio.

or whether the money is in the lower Alpha portion of the portfolio.

"The Art of Asset Allocation" by David Darst who was the head of a department of Morgan Stanley when it was released is good read if you want one of the best or breed books on Asset Allocation.

Interestingly, over the past 6 to 8 years there was substantial talk that your asset allocation was what was responsible for your overall market returns or absence of returns.

(This does not apply to the high velocity turnover in your trading accounts.)

John