(08-29-2021, 10:24 AM)NilesMike Wrote: Serious question, why are many here posting of their purchases and sales nearly daily averse to using timing models? The time is already spent analyzing the market, single names. Do some believe the models don't work? I am trying to understand the reluctance.I doubt most will understand your question.
I post this thread too much because it is hard to watch, but the place is supposed to be about helping others (my purpose other than entertainment). I don't need a complex timing model. I can look at a 10-20 year chart and see almost all of these are destined for a hard dip that wipes out years of high yields over and over. I own none of it unless the quality has corrected unreasonably hard. The high yield never stops attracting new buyers, and I doubt that will change soon.