Super Stock Picker Forum

About Strategies => How it works => Topic started by: boingo on September 13, 2017, 06:46:58 PM



Title: Market Timing Indicator
Post by: boingo on September 13, 2017, 06:46:58 PM
Quote
The Ultimate Price Momentum v4+ portfolio duplicates the Ultimate Price Momentum v2 portfolio when the Market Timing Indicator is UP and is 100% cash when the indicator is DOWN

The market timing indicator currently indictes its down and so several portfolios are currently 100% cash.  So it literally sells all holdings when the market indicates as being down?  Is there an article that explains the workings of this indicator more?  Specifically, is there specific threshold that the markets/stocks must hit before it considers dumping it all?  I would assume it wouldnt be when the index drops 1 point  ;)

Thank you.


Title: Re: Market Timing Indicator
Post by: DCA on September 17, 2017, 12:28:35 PM
Hi boingo,

Short answer - yes.

With each days e-mail there is a direction of indicator and also the alert level.  This is the  TSX index level which if crossed would change the direction.

While I do not necessary rush into cash when it goes down it is a good indicator if buying is a good idea.  Historically SSP portfolios do not do well during down markets.

D