Subject: Re: Industry momentum
Philly wrote:
OK zee, but mungo showed us how to do his system. Any chance you can do the same?

I don't recall him actually giving the exact parameters of his bottom finding signals, but you are welcome to correct me with a post where he states that.

Here are a number of the signals he has posted on over the years. There are many more to be sure.

3/4/2009: http://www.datahelper.com/mi/s...
10/4/2011: http://www.datahelper.com/mi/s...
9/25/2014: http://www.datahelper.com/mi/s...
9/30/2015: http://www.datahelper.com/mi/s...
1/20/2016: http://www.datahelper.com/mi/s...
10/23/2018: http://www.datahelper.com/mi/s...
12/24/2018: http://www.datahelper.com/mi/s...
3/16/2020: http://www.datahelper.com/mi/s...

From this I would think it is obvious that finding good bottoms for entry is very doable. The problem is that when these signals come every single cell within you is screaming to do the opposite. These signals will never come when you think it makes sense to act on them. This is the quandary of every investor.

So what I'm suggesting is that you can act on the signals in real-time. Be aggressive in your entry point and even use 2x leverage, e.g., QLD. Hold for one to two years, or until a macro type indicator says to go safe. The rest of the time invest in SPY or BRK.B or something similar. It's as simple as that!