On Fri, Nov 6, 2020 at 10:19 AM, Wilson via groups.io<Protohalo=aol.com@groups.io> wrote:Don't Try to Time the Market"Far more money has been lost by investors trying to anticipate corrections, than lost in the corrections themselves."On Nov 6, 2020, at 9:40 AM, Ben Alexander via groups.io <zbenj56=yahoo.com@groups.io> wrote:You and me both brother, say adios to 8%+ gains, killer! Emotional guesses = short term regret.On Friday, November 6, 2020, 08:18:03 AM EST, Gayle Taylor via groups.io <lovin_rescue=yahoo.com@groups.io> wrote:Boy did I mess up! Two days ago I pulled out of S and went to G since I'm retired. Ugh....On Thursday, November 5, 2020, 11:46 AM, Locutusoftexas <mrweyl@hotmail.com> wrote:
Because the stimulus package is in limbo, the Fed announced on October 30 that it was (as near as I can tell) loosening restrictions to the so-called Main Street Loan Program for small businesses. I continue to interpret this as another of the previously unconventional Fed policies that Zweig would have addressed in his book, if he could have imagined it. At the time, all the Fed did was to change the discount and fed funds rate and modify bank reserve requirements. So I have increased the Monetary Model Indicator by plus one. However, the monetary model is already pegged at its most bullish level.
Meanwhile, the trend obviously moved back to bullish, which is the problem with trend indicators. So the Zweig model has returned to its most bullish level.
Now I return to watching paint dry -- oops, I mean the election results.
Good luck,
Tex
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