Re: coolhand's Account Talk
Originally Posted by
amoeba
Its there...same as last week...had a number of consecutive 20s bull readings in May before market turned...so it ain't what it used to be.
FINE PRINT:
Last time I posted here, I was rudely accused of being "closed minded" simply because I asked (apparently) difficult questions regarding some extraordinary claims being made here.
Being a Christian, I forgave. But I've kept my distance as some are more sensitive than others.
But for the sake of others, I'll again dip my toe in the water to offer ... an option. I am open for debate. "Iron sharpens iron." We can learn; and/or agree to disagree. No need for hostility. It's just my opinion, not the end of the world.
In other words, I come in peace. Whew (out of breath) ... that said:
NAAIM says regarding the NAAIM Index:
"It is important to recognize that the NAAIM Exposure Index is not predictive in nature and is of little value in attempting to determine what the stock market will do in the future."
https://www.naaim.org/programs/naaim-exposure-index/
cxoadvisory.com says regarding the NAAIM Index:
"In other words, the index offers no information about stock market return the next week."
"In summary, evidence from simple tests on NAAIM survey data offers little support for belief that active investment managers as a group successfully time the U.S. stock market over the near term, but they may add some value by predicting stock market volatility."
https://www.cxoadvisory.com/sentimen...market-timing/
[COLOR=#0000ff][FONT=comic sans ms][I]"In the land of idiots, the moron is King."--Unknown[/I][/FONT][/COLOR]
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