Subject: Re: market timing via sentiment measures
If you have been on this board for decades you will recall a long time ago people advising getting out of the market, followed by the market having multiple bang-on years including as high as 30%, which is exactly what you need to make up for the inevitable crashes. If you are correct, you save a fortune; but if wrong you massively under-perform the market. There is a reason Warren Buffet warns against market timing; he has lost 48% before and kept going anyway. And he can't buy the tiny stocks you can.