The objective of the exercise is to have cash available for buying during every downturn — can’t happen unless you have the courage to take profits when prices are rising. Yes, you are expected to feel stupid in both exercises. When you feel like you “sold too soon”, the bubble buster is just around the corner. When you know you re-entered the market too early, the rally is just over the horizon.

IGVSI Rally Continues – Profit Taking Opportunities Take the Spotlight! The Market Cycle Investment Management model has outperformed the popular investment indices since it was first developed in 1970. It features an approach that embraces market volatility; selects securities using strict quality, diversification, and income standards; and operates under strict disciplines for asset allocation, buying [...]

It was a fabulous decade for those investors who were able to see over, beyond, and through artificial time constraints to find the long-term opportunities within every beautiful market cycle undulation. There were plenty of gyrations to gyrate to if you only knew how.