Subject: Re: Technical Indicators & Market Timing
I will admit it. I am feverishly watching several, rather mundane indicators. (I've found that complicating things doesn't help. They all have failings)
I will be forced to buy soon (otherwise, what's mechanical investing mean?)and if I have to eat a whipsaw... well, that's the joy/thrill/heartbreak/agony of non-buy-and-hold. Buy-and-hold has it's own joy, thrill, heartbreak, & agony equivalents.
But, like you I see a possible "Indian Summer" here. Normally I would just go with the main indicator but I am, as stated above, waiting to get a lot of confirmation before I start writing checks.