I invested in some of the market timing etfs like LDRS, BOUT, and FFTY. These etfs follow ‘time tested’ IBD models and methods. They stink! Way underperforming. They time the market alright. The wrong time! LDRS has moved out of stocks just in time for stocks to go up, and back into stocks in time for them to go down. I reached out to IBD they sent me to the etf provider, the etf provider said they just follow the models from IBD. Don’t trust them!!! And with all the tools they provide, if they can’t even manage a Model portfolio to make money using their tools, how are you? Stay away!
5 years ago
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