As I used the gas tank analogy for my multiple time frame analysis over bought and over sold models allow me to use a race car drivers use of speed to suggest when to use more or less of your capital, exposure and risk to the markets if you will.<<<<<<<
That's good LG, however you know we are emotional creatures and as the race is getting hot sometimes you want to speed thru a turn and risk possible flame-out skid into the wheat bales, you know that the biggest gains are sometimes as the trend is near an end. Not everybody has the mentality or aptitude or the time to scale in and scale out.
I've watched and participated in several types of trend following and trend changing methods, nothing works all the time, but i've come to regard trend following until a recognizeable trend change and letting the market take you out, is better than anticipating a trend change and as i posted here there have been a plethora of top calls since late march not just from these boards but from a lot of market timers who spend all their time watching the markets.
From late march to early april, and getting in this rally WELL after the bottom, there were many stocks you could have gotten into that were 1.5x, doubles or triples. I caught a few or parts of a them (damm i left the big fish on the table though -g-)
AI
