Quote:
Originally Posted by Stu from NYC
Since the last paragraph is directed at my previous comments (no problem I enjoy the discussion) I find it hard to believe. If timing models were accurate it would be an indicator for getting into the market and would be readily available for people to buy. In other words sorry do not believe it.
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"timing models" ARE fairly accurate and are certainly "available for people to buy". Just research chart patterns or technical analysis. The question is how reliable are these tools. My guess would be 75% of the time if you were very experienced but that still leaves the other 25% as being inaccurate, which could obviously result in huge losses. Either way, you are correct in being skeptical when people purport to have "perfected" the process or guarantee huge returns for the "little guy".