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PureBytes Links
Trading Reference Links
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http://www.google.com/search?hl=en&ie=ISO-8859-1&q=University+Michigan+Marke
t+Timing
Use the Google, Lucky Bastard.
Kent
"Use the Force, Luke."
Obi Wan Kenobi
----- Original Message -----
From: "'Lucky Bastard'" <hadrada@xxxxxxxxxxx>
To: <omega-list@xxxxxxxxxx>
Sent: Monday, July 22, 2002 6:32 PM
Subject: U of Michigan study on Market Timing.
Can someone point me to the URL that leads to the University of Michigan
study on Market Timing? Or the title of that study? The one where all the
mutual fund pundits use to say that Market Timing doesn't work...that if you
miss the 10 best days, your return doesn't beat buy-n-hold (the
bag)....leaving out that if you miss the 10 worst days, you'd beat
buy-n-hold (the bag)....and if you sell an X % from the top and buy X% above
the bottom, you'd still beat buy-n-hold (the bag).
--
"I find your lack of faith disturbing."
Darth Vader
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