No. of Recommendations: 6
I have often thought of such a strategy, given how difficult getting decent returns is.
My version, not written down or thought out, is something like this.
- sell everything and relax, if you haven't already
- wait, and continue relaxing
- wait even more
- go in small amounts when mungofitch starts posting short term bottom detectors
- go the rest of the way in when he posts about major bottom detectors
- do nothing for (set time interval, one or three years maybe)
- sell (six) months after people start talking about top indicators
- repeat
The problem is, everything is easy in hindsight.
Mark
