Subject: Re: OT Cash balances keep soaring
Re timing systems---
Deciding when to sell is really, really hard. Some folks can do it, but I'm not an expert, despite trying.
On the other hand, I don't find it quite so hard to find good times to buy. So I find having a bit of cash on hand for pouncing works pretty well.
Pull up a 20 year chart of the S&P.
These are dates that my major market bottom detector triggered
2009-03-04 http://www.datahelper.com/mi/s...
2011-08-08 (can't find a post)
2011-10-04 http://www.datahelper.com/mi/s...
2015-09-30 http://www.datahelper.com/mi/s...
2016-01-22 http://www.datahelper.com/mi/s...
2018-10-24 (can't find a post)
2018-12-21 http://www.datahelper.com/mi/s...
2020-03-16 http://www.datahelper.com/mi/s...
2022-09-29 (can't find a post)
The signals tend to come in clusters, several days the same week, so it's hard to answer how many signals it has given, but I think that's all of them since '09. I might have missed one or two.
Jim