No. of Recommendations: 1
Well, as the Doctor says in third person,

Statistically, market timing works. The reasoning is that stock prices are not a random walk (50-50 either up or down) if this were the case the index would be the same as it was 40 years ago. (inflation adjusted) Plus, no one would invest.

So, on any given day, if you randomly pick a stock (in the index) and pick the up direction, you are statistically better off. Hence timing works!

OK, for those TA fans out there, the doctor is not saying there is not any merit to TA. But, it must always be remembered, as with buy and hold investing, that past performance is not a guarantee of future results.

Just because a stock can not break resistance in the past does not guarantee it won't break it in the future. Otherwise we all might still own some enron!


In fact, because the Doctor is rather crazy, if the tech looks good and is contrarian, man is that time for an option! But bear in mind, the Doctor also likes 29 BLACK!



The Doctor went with a good way to invest and equally valid with other low cost methods because:
1) it is not the best way period. because some of the return is in the effort and pleasure we get in trying - such as Joel.
2) it is not a key part of anyones portfolio because some portfolios should probably not even contain stocks!! It is really not an "excellent way" for all but is very easy and is a good way.
4) most people on these boards believe the can "beat it," so this one was valid to the Doctor as well, but this does not negate the Doctors prescription.
5) Well, maybe the Doctor believes this as well, but saying this in public is like telling the opera singer she in not the fat lady ever one talks about.
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