re: Second Quarter Pullback?

quote:

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is a pullback inevitable?

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Eventually, yes, a pullback is inevitable. When is the question, and in markets, being too early is the same as being wrong.

I don't look at fundamentals; unlike economics thought experiments, humans don't act logically to new information, but even if they did, algos will beat you to (and act on) information faster than any human. Instead, I have systems for different time frames that are backed by historical data. Only 1 system is based on a different premise from the others, and it is the longest term one. It said to go long yesterday morning, and 78% of its long signals have been profitable over the past ~85 years.

I'm biased long unless the monthly and/or quarterly systems give me a reason to think otherwise, and those will take a little more time to provide signals that are better than a coin flip.