Wednesday, November 20, 2013

11/20/2013 note from the Canary

I mentioned the obvious reason why I don't time the other day (that reason being that I don't do it well).

But even if I COULD time, it wouldn't do me much good, because my model tends to lead the market.

That is, I sometimes find myself gasping like the canary in the coal mine.

Today I got slammed, and slammed hard.

Anecdotally, then, we may get a little dip here.

Keep in mind that this is just an anecdote, but it's been true in the past...

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