Within my IPS is a 10% market timing window for myself. I will drop to 65%/35% when I feel the market is overbought and I will Increase to 85%/15% when I feel it is oversold.
Seems like a 20% market timing window to me. Kind of a wide range in my opinion.
goalie wrote: Is there anyone else out there that makes adjustments like me? I see a clear difference when the DOW is at 13,400 VS 12,100. Thank you, Chip
I see the difference as well. It is 1,300.
I rebalance according to my IPS, and would consider adjusting it to be more conservative if a bull market in equities caused me to meet my financial goals early. I don't think you can time things correctly enough to even waste the effort trying. There are worse things than what you are doing, but I don't think you are helping yourself. Find an asset allocation and concentrate on he things that matter like your savings rate and your investment costs.
Showing up at the donut shop at 5 am to get them hot out of the oil is an example of successful market timing.