Subject: Re: An analysis of my timing signals
I would say that between 2019 and now, what you are measuring is just random noise in a noisy rising market. Yeah, I agree. These were mostly implemented well after 08-09. In the '22 bear I was mostly out of equities by the end of January, and actually ended up getting back in a few months too early, got chewed up in the summer headfakes and snapbacks to the bottoms, trying not to miss the recovery. Still beat "the market" by a few percent that year, but it was a lot of (in the end) unnecessary trading. Sound and fury, and all that.

Essentially what these signals have done is turn the Vs into \--/ or whatever. It's a 4th quarter "protect" defense (not prevent); gonna give up some yards but not lose a lot.

Also, megacap tech (the S&P10?) has become like a "black hole" of money over this time.

FC