Subject: Re: Wild-and-crazy idea
Trying some timing schemes, 1/1/2000 to 8/11/2023
Evaluating weekly, Relative Strength and SMA
SMA: does not work well.
RS: Best was a 30 week lookback.
TQQQ: $1,000 grows to $22,000 = CAGR 13.98%
QQQ: $1,000 grows to $3,865 = CAGR 5.89%
B&H:
TQQQ: You don't want to know.
QQQ: You don't want to know.
But, from Jan 2000 B&H of TQQQ was 20% CAGR, timed with RS was 14% CAGR
B&H of QQQ was 5.9%, timed was 8.0%
I do not have any idea of how you can tell when you should own TQQQ and when you shouldn't.