21. One of the problems with timing the market, apart from getting it wrong, is the brokerage cost of making the trades. 22. Rounding out the group are a fund that owns convertible securities and another that relies on market timing. 23. That may come as a shock to proponents of the strategy, who typically portray it as an alternative to market timing. 24. That question gets into market timing, and most analysts are loath to try to read those tea leaves. 25. The gospel of the time is that market timing is stupid and hopeless. 26. The fund, managed by Cedd Moses, relies in large part on market timing, or shifting assets among investment categories based on market conditions. 27. The lesson from this is that successful market timing requires a lot of fancy footwork. 28. Today, they use a variety of strategies ranging from arbitrage to market timing. 29. Valuation is not very useful in market timing. 30. Weingarten, who also uses conventional research techniques, says astrology is a great tool for timing the market. |