Subject: Re: Lumber to gold ratio
In fairness to Mr. Gayed, he explains that there may be a delay in the ratio signal's significance, but we just illustrated two of many instances where following the ratio incurred costly errors of omission for attractive risk-on opportunities.

And by following him, I have also noticed that his posts about conditions favoring either risk-on or risk-off is always a bit late. Not bad but not perfect. But for people who don't want to spend time at developing a strategy, he can be an interesting alternative.