{"id":6745,"date":"2013-08-02T12:09:34","date_gmt":"2013-08-02T19:09:34","guid":{"rendered":"http:\/\/www.marketriders.com\/investing\/?p=6745"},"modified":"2016-12-21T07:28:29","modified_gmt":"2016-12-21T15:28:29","slug":"a-foolproof-plan-for-true-market-timers","status":"publish","type":"post","link":"https:\/\/www.marketriders.com\/investing\/a-foolproof-plan-for-true-market-timers\/","title":{"rendered":"A Foolproof Plan For True Market Timers"},"content":{"rendered":"

Quick question for market timers: Can you tell the difference between “imminent” and “imaginary” trends in the markets?<\/p>\n

It’s an important consideration, if you are a\u00a0market timer<\/a>\u00a0at heart. For instance, a lot of folks bought gold in the last few years on the presumption that its ultimate triumph over all other asset classes was imminent.<\/p>\n

\"market<\/p>\n

That one turned out to be imaginary, at least for now. Something similar happened to\u00a0Apple\u00a0stock<\/a>\u00a0investors. Once it broke that $1 trillion market cap, boy, the sky was the limit! Also, sadly for some, an imaginary outcome.<\/p>\n

If you’re going to be a market timer, you have have to be able to forecast the future. It’s a feat many people attempt every single day on financial cable TV.<\/p>\n

They rarely get checked on those\u00a0market direction calls<\/a>, of course. But you know the language they use:<\/p>\n