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AAII ....wowser


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#11 12SPX

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Posted 29 April 2021 - 02:14 PM

Ya thats the difference though.  According to your AAII number extremes needed to get bearish on the market, a person would have hung on through the 2000 correction and the financial crisis.  I made 600 points on the 2000 correction and 800 on the 08 fall lol!!  You obviously didn't follow your own AAII numbers then so......its better to take Marks interpretation of them! 



#12 Rogerdodger

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Posted 29 April 2021 - 11:32 PM

I notice that there have been several market stalls (See: 2018, 2019, 2020) when the !AAIIBULL-!AAIIBEAR 50ma crosses up through the 200ma and also the MACD of !AAIIBULL-!AAIIBEAR crossed down (as it just did).

 

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#13 12SPX

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Posted 30 April 2021 - 07:50 AM

Thanks Roger that makes sense to, the chief would've likely made a lot more money over the years just following those swings instead of hanging on through all of those declines waiting for those 87 extreme readings again lol!!  yes.gifswoon.gif JK of course I'm just trying to make a point lol!  



#14 pdx5

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Posted 01 May 2021 - 05:15 PM

Thanks Roger that makes sense to, the chief would've likely made a lot more money over the years just following those swings instead of hanging on through all of those declines waiting for those 87 extreme readings again lol!!  yes.gifswoon.gif JK of course I'm just trying to make a point lol!  

Don't even need to follow AAII or any other indicators. Just sell in May and get back in after Halloween and if followed with discipline, would be much more profitable than any perma-bull.  


"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule

#15 OEXCHAOS

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Posted 03 May 2021 - 08:35 AM

 

Thanks Roger that makes sense to, the chief would've likely made a lot more money over the years just following those swings instead of hanging on through all of those declines waiting for those 87 extreme readings again lol!!  yes.gifswoon.gif JK of course I'm just trying to make a point lol!  

Don't even need to follow AAII or any other indicators. Just sell in May and get back in after Halloween and if followed with discipline, would be much more profitable than any perma-bull.  

 


I still use the "Best 6 Months" strategy, as least as background. But I always have respected Sy Harding's addition of a trend overlay to trigger action. He used the MACD, which is fine, though a bit over-followed.

 

I suspect BP or something similar might work a bit better.

 


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#16 qqqqtrdr

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Posted 03 May 2021 - 11:31 AM

Well...   AAII is one signal, there are other signals as well,  10-day Put/Call Ratios are somewhat bearish as well, and Rydex Ratio is also showing low money market...   It is a sign that we should be at a medium term top...      I have noticed other aspects I watch such as US Growth Rate is currently solid at around 8% and with the Fed supply income to people this should supply inflows through end of June..    New Home Sales and Car Sales are extremely strong as well considering...   I think the strong economic headline numbers currently justifies the high PE....



#17 da_cheif

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Posted 04 May 2021 - 07:44 PM

 

Thanks Roger that makes sense to, the chief would've likely made a lot more money over the years just following those swings instead of hanging on through all of those declines waiting for those 87 extreme readings again lol!!  yes.gifswoon.gif JK of course I'm just trying to make a point lol!  

Don't even need to follow AAII or any other indicators. Just sell in May and get back in after Halloween and if followed with discipline, would be much more profitable than any perma-bull.  

 

u dont outperforrn the sp unless u sell go short at the tops and go long at the bottoms.....mark would agree with that   .....timer digest tracked my service    



#18 pdx5

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Posted 05 May 2021 - 12:00 PM

 

u dont outperforrn the sp unless u sell go short at the tops and go long at the bottoms.....mark would agree with that   .....timer digest tracked my service    

 

I am sure Cheif your timing is superb. But I am now a lazy investor, buying only index funds when market dips about 20%, and

get  the heck out when there is 20-30% profit. Market still has cycles of 20% up and down every 2-3 years. 


"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule