Today marks a dangerous transition for me where my market plays now involve some pure attempts to simply time the market.
I agree with you that, in general, it is BAD PRACTICE to gamble at timing the market, particularly with risky bets that run counter to a cyclical bear market trend. (unless you have the facility of accurate precognition, which i don’t claim)
Previously my strategy was exclusively making long-term bets on the underlying fundamentals (such as my shorting the S&P500 back in Oct ’07), short dolar, long gold, and additionally I have dabbled in less risky market timing by closing shorts at temporary market bottoms and buying at the crest of Fool’s Rallies. So previously I avoided trying to time the market in counter-market plays.
