Comments on: Can You Find “Superior Information” About Markets?

By: Friday links: forever funds Abnormal Returns

Friday links: forever funds Abnormal Returns — Fri, 13 Nov 2009 17:53:16 +0000

[...] thoughts on mutual funds and their timing ability. (Big Picture, Fund My Mutual [...]

By: keithpiccirillo

keithpiccirillo — Fri, 13 Nov 2009 00:12:12 +0000

AlphaClone has had great success lately and may be expounding on some newer ideas.
Anybody following hedge fund holdings and implementing market timing of it with moving averages?

By: Pat G.

Pat G. — Thu, 12 Nov 2009 22:49:25 +0000

Managers shouldn’t be trying to “time” the markets. That’s for day traders who can get in and out more niftily because they aren’t trying to steer the Titanic. Besides, don’t they tell us that it’s better to dollar cost average into investments. Oh yeah, that’s just for us. They’ll do the gambling. Well, they are pros?

By: Mark E Hoffer

Mark E Hoffer — Thu, 12 Nov 2009 22:08:07 +0000

“Contrafund can continue to hunt down undervalued stocks for me,…”

http://finance.yahoo.com/q/pm?s=FCNTX –Fidelity Contrafund
~4.65 % 5-yr avg. ROR, for a Fee, of course..

“Differin’ Opines make’m Run the Equuines”

tho..ever wonder why there isn’t an Options Chain on these MutFundz?

it’s funny, peep can decide where to go on Vacation, But, Where, and When to expose their ‘Financial Assets’?? Not on your Life!~ sayeth http://www.ici.org/ y http://www.financialadvisormagazine.com/ and, other, associated Shills..

By: Simon

Simon — Thu, 12 Nov 2009 21:35:26 +0000

I believe in market timing unfortunately market timing does not believe in me… *joke*

By: Ramstone

Ramstone — Thu, 12 Nov 2009 20:07:46 +0000

Three, perhaps more, distinct animals are being discussed here: equity funds, dynamic funds, and money managers like BR et al. Frankly, I’d rather my mutual funds not time the market for me, tyvm. I have my notion of where we are on a macro level, and adjust my allocation accordingly. Contrafund can continue to hunt down undervalued stocks for me, and if that involves taking into account business cycle byproducts like sector rotation, that’s fine. But I don’t want them sitting on 20 percent cash, I’ll handle that myself. Given these constraints, I’m still surprised a significant number of retail equity funds can still generate some alpha (duh, that’s what they’re paid to do, but you’ll excuse me if I find this a conceit in general). But that’s gross. Once they take thier 1 percent annually, none of that finds its way into my return.

Which is a long way of getting to the point that BR shouldn’t be taking that much umbrage since he;s managing soup-to-nuts for his clients. Most equity funds aren;t, nor should they.

By: Ny Stock Guy

Ny Stock Guy — Thu, 12 Nov 2009 18:54:40 +0000

I remember in 2007 wondering why most everyone in the financial media seemed to be ignoring the inverted yield curve. It’s always been a good signal to take your money and run.

By: DeDude

DeDude — Thu, 12 Nov 2009 18:45:35 +0000

“If you simply buy at the open the day after the Nasdaq goes above the 74 day MA and sell the open the day after it goes below starting 4/28/03, you’d be at 3142.22, while buy and hold would leave you at 2166.90.”

That sounds like great advice if we were at the beginning of April 2003. But what I need to know is what strategy will work from the beginning of December 2009. Should I use the 74 or 87 or 56 MA for my buy/sell strategy. It’s very easy to come up with a formula that predicts the past, much more difficult to come up with one that predicts the future ;-)

By: DeDude

DeDude — Thu, 12 Nov 2009 18:31:25 +0000

Market timing is like scoring Jessica Simpson;

It’s good, if you can.

By: How the Common Man Sees It

How the Common Man Sees It — Thu, 12 Nov 2009 17:32:59 +0000

@Bob the unemployed

Why not use game theory to help in your market predictions?

If game theory is going to that to my hair I think I’ll pass ;)