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Chuckle-worthy. I understand the jab, though. The practice of controlling one's emotions in driving investment decisions by relying on backtested signals and data, is definitely an exercise in psychology.

The simplistic "Follow the screens" and keep buying doesn't, and didn't, "work" in bear markets. Figuring out when and how to (and whether it's worth it) to get out to preserve capital, and when and how to get back in, is Level 2 of MI.



Comments by resident guru's suggest that "it also must make sense" which probably is more important as applies to "Timing" systems than "MI screening". We cannot(should not) rely entirely on "backtesting" for this it just isn't enough.

GD_
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