|
Title: MTI struggling during volatile times Post by: Accruer on July 21, 2010, 02:59:03 PM Last 5 trading days:
14-Jul-2010,11620.16,down,11704.878 15-Jul-2010,11741.77,up,11558.08 16-Jul-2010,11569.65,up,11556.312 19-Jul-2010,11543.47,down,11625.918 20-Jul-2010,11629.88,up,11554.952 Today it looks like it will flip to down again if TSX closes below 11554.95 (currently 11480.54). Anyone using the "+" Porfolios still strictly following the MTI buys and sells? If the market is becoming more volatile in the long run then MTI may provide a diminished value due to commissions adding up from the frequent trades. Thoughts? Title: Re: MTI struggling during volatile times Post by: bryanmcn on July 21, 2010, 04:49:06 PM I tend to look at individual stocks but when the indicator is down I am more picky and set tighter stops. Shouldn't really be trading at all during these summer doldrums. It's difficult to make a buck and easy to lose many.
Title: Re: MTI struggling during volatile times Post by: burd on July 21, 2010, 09:18:26 PM Yeah there have been some bad wipsaws the last few weeks. That is the bad part of following a market timing system. I am still following the the MTI. I think of it as insurance to get me out of a bad selloff, and get me in on a good rally.
The purpose of these portfolio's and mti is to take away investor emotion. The long term results show's that these portfolio's beat the market by a large amount. The TSX was at 14,000 3 years ago and now its around 11,500 so its alright that the ssp portfolio's are a bit flat. I'll keep following the system and wait for the next big or even small rally. I would be very happy with a 25%-30% gain this year. :) Burd |