RE: If you are going to use market cycles to trade, you will not be Aiming!
Actually, I probably did not explain myself fully. My goal is to avoid buying into a sector at a high point or when it has just started down. If I did that I'd run out of cash quite soon and be stuck waiting for the next bull market in that sector to have any gain. Just like the MORL deal and ex-dividend date loss of ~8%, it makes sense to me to wait a bit and see where things are going before leaping. MORL is a very good performing REIT, on the whole this year, something like 24%, but taking an 8% dump in the first 10 days of owning it seems rather silly.
Best,
Allen
