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Old 10-10-2008, 04:59 PM   #9
Full time employment: Posting here.
 
Join Date: Jun 2007
Posts: 603
Quote:
He could not explain how this wasn't market timing.
Likewise, all this talk of moving from sector to sector is just as much market timing. If you want to be a trader and time which sectors are in favor and which are going out of favor, then be unabashed about it and time away. If you want to be a buy and hold index investor, then forget all this and just pick an asset allocation. If you choose to rely on this broker's research dept for timing advice, then at least understand that's what you are doing. Either way it's your money. Broker just wants the commission.
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