Subject: Re: Timing period examined, 200 vs 325 days
- Even if the index closes above the MA, only buy once the GTT signal also turns positive.
I recall reading that the market generally turns up BEFORE the economic indicators do.
Also that the powerful returns after a bear market occur in the early stages of the subsequent recovery. If you miss that you leave a lot of money on the table.
"Prices don’t change when fundamentals change. Prices change when expectations and perceptions change. From a trend follower’s perspective, the main indicator that signals changes in expectations is price. "
"Prices change when expectations for future profits change. Expectations often change before fundamentals change." -- ivanhoff
Dang, this stuff is so complicated! If it didn't pay so well nobody would do it.