User talk:CanaryInACoalmine
Just curious about this - there are coincidences aren't there? Smallbones 15:04, 5 December 2006 (UTC)
Financial Advisor Magazine
Time to Reappraise Market Timing?
By Jeff Schlegel
2005
MARKET TIMING already carried enough negative baggage before New York state Attorney General Eliot Spitzer last year charged Canary Capital Partners with colluding with Bank of America's Nation Funds to allow it to make rapid-fire timing trades of international funds. But as the tip of the iceberg, if not the proverbial canary in the coal mine, to a broader scandal about after-hours late trading ultimately involving a who's who in the mutual fund industry, it further reinforced the notion, perhaps unfairly, that market timing represents the seamy underbelly of investing.
But does it? Unlike the classic asset allocation model that seeks a desired risk/reward profile by periodically tweaking a group of diversified holdings that are bought ostensibly for the long haul, market timers jump in and out of positions more aggressively in response to changing market conditions. This can range from hyperactive day traders to people who leave the market entirely and sit on cash for longer periods of time to avoid bearish conditions. Although the preponderance of evidence suggests investors can't beat the market averages over the long term, a handful of timers manage to outperform the broad indexes. More than a few of them tout their successful techniques (often inaccurately) on Internet sites and in financial publications, enticing investors who aren't satisfied with merely matching the market.
Caveat emptor: Such sages are a distinct minority. Mark Hulbert, longtime publisher of the Hulbert Financial Digest that tracks roughly 170 market timing newsletters, consistently finds that roughly 80% of newsletters underperform the market indexes. "It's such a constant it's like, end of story, might as well go home," he says. [1]
Smallbones, thank you for your comment. I am declining to comment on this substantive issue however since my sole WP role is to moderate. The Robert Prechter discussion caught my eye as a place to start because it was so heated. I will continue to help with resolving this debate until either it is resolved, or progress is impeded in some way. Thereafter I will switch my attention to another debate. Moderation is something I feel will be a prompt for self-improvement and, perhaps, for the greater good. CanaryInACoalmine 13:04, 9 December 2006 (UTC) 13:01, 9 December 2006 (UTC)
Your MedCabal Case[edit]
If you would like me to mediate, I would be happy to take your mediation case request. But please list the names of all parties,
WikieZach| talk 23:46, 13 December 2006 (UTC)
Mediation -- Robert Prechter & Socionomics[edit]
You were the apparent applicant in Wikipedia:Mediation Cabal/Cases/2006-12-07 Robert Prechter. Do you wish to proceed with informal mediation with me as your mediator? Alan.ca 08:22, 14 December 2006 (UTC)
Hello,
An Arbitration case in which you commented has been opened: Wikipedia:Requests for arbitration/Robert Prechter. Please add any evidence you may wish the arbitrators to consider to the evidence sub-page, Wikipedia:Requests for arbitration/Robert Prechter/Evidence. You may also contribute to the case on the workshop sub-page, Wikipedia:Requests for arbitration/Robert Prechter/Workshop.
On behalf of the Arbitration Committee,—— Eagle 101 (Need help?) 04:55, 20 December 2006 (UTC)