Appreciate the update as it helps confirm some of my own moves. I have been far too conservative since June for my age, but reluctantly moved in more yesterday, not 100% but from 5% to 25% as out of comfort I don't like to move all or none. Certainly uncertain for sure.
Please keep the updates coming
On Tue, Nov 10, 2020, 12:19 PM Locutusoftexas <mrweyl@hotmail.com> wrote:
The trend blasted up yesterday. Usually when my indicator gets this high, the market is due for a drop. This is counter to Zweig's philosophy. His model reading is higher for a higher trend.
As a result, I reluctantly gave in to the Zweig Model's highest possible reading and moved from 60% C 40% F to 100% C. Obviously I left money on the table in the earlier change of allocation.
Clearly I got whipsawed by the vaccine announcement. This is the hazard of timing. Furthermore we have entered a highly uncertain period for the economy and the pandemic.
Good luck,
Tex
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