As
you know – many of the broader Global stock indices are at or close to all-time
highs. We at Getting Technical conclude that any attempt to time the market is
a failed strategy. Investors who use fully invested longer term models do
better than investors who over-trade or market time. Investors who use fully
invested dominant theme models do better than investors who over-trade or
market time. Our focus will remain on the Global, TSX models and Dominant Theme
investing
At
Getting Technical our historical market studies dictate that bear markets print
a lower low within a rolling 26 to 30 week time window. The TSX timing model displayed
is based on a simple 26 week price channel.
.
Strategy
- Investors should remain fully invested during a “buy” and then go to a 10 to
15% cash position during a “sell” signal. The last “buy” on the TSX60 (23.49) was
signalled on May 27, 2016 at 20.82 on the index.
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