Apr 21
Analysis for 3/31/2003
Was it time to be in equities on 3/31/2003? Check out the following data table and make a decision. Remember, we are about a year removed from the market low.
Knowing what moves to make looking back on specific market inflection points is not all that difficult. But what moves should an investor make months or even quarters after the turning point is much more difficult. The above analysis begins to give us clues as to what TAA to employ depending on the values of Delta.