Subject: Re: Have Bear Catchers worked post-discovery?
Likely a tempest in a teapot.
Roger Nusbaum:
"I don't really think it matters which trigger is used as no single trigger can be the best for all times but they can be effective which is the priority as I see it. Here effective is simply defined as avoiding the full brunt of a large decline.
No one rule is always correct. they all give false signals."
"The moving average timing strategy makes the majority of its money by avoiding large, sustained market downturns. " -- http://www.philosophicaleconom...