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TimingCube Survey Finds Market Timers Defy Stereotypes

Wednesday, 17-Sep-2003 4:11AM PDT
    
Story from Tx Timingcube via BizWire
Copyright 2003 by Business Wire (via ClariNet)

'Trend Timers' Patient, Wealthy and Diversified; Hungry for New Sources of Investment Information


AUSTIN, Texas--(BUSINESS WIRE)--Sept. 17, 2003--A new breed of investors -- "trend timers" -- is defying the stereotype of traditional market timers who seek short-term gains and exploit market inefficiencies. This is one of the key findings from a survey of 1,200 subscribers to TimingCube, a timing service geared to long-term investing which only requires trading three to five times a year.


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More than half of TimingCube's 2,400 person subscriber base participated in the online survey, which concluded September 7. The results indicated that these trend timers are patient, wealthy and diversified. Nearly 40 percent have more than $250,000 invested in the stock market alone, while almost half (47 percent) combine buy-and-hold and timing strategies. Unlike stereotypical timers who trade weekly, daily or even hourly, trend timers hold their positions for an average of three months.

The survey also found trend timers are fairly sophisticated investors:

-- Better than 90 percent employ shorting strategies and more

than 60 percent use leverage to beat the market.

-- Stocks are the investment vehicle of choice (77 percent),

followed by mutual funds (71 percent) and exchange-traded

funds (51 percent).

-- Market volatility is a source of concern; 64 percent feel

there will be greater volatility in the remainder of 2003.

-- Trend timers are not sitting on the sidelines; 58 percent have

less than a quarter of their portfolio in cash or money

markets. For investors with $1 million or more, 76 percent are

mostly in the market (50 percent or less in cash or money

markets).

"Market timing has traditionally carried negative connotations," says President and Co-Founder of TimingCube, Frank Minssieux, "but our survey indicates that trend timers are genuinely conservative investors who time their investments to maximize their returns, and are willing to wait for the opportunities."

Among the other key survey findings:

-- No Faith in Wall Street: Sixty-seven percent of respondents do

not feel Wall Street has settled its conflict of interest

issues and say it still cannot be trusted.

-- Unhappy with Available Information: Almost 40 percent rated

the quality of current investment information "poor" or "very

poor," compared to 34 percent who responded "good" or

"excellent."

-- Wealthy are Bullish on Exchange-Traded Funds: Forty-six

percent of investors with less than $250,000 invest in ETFs,

while 61 percent of investors with $1 million or more invest

in ETFs.

-- Investing with Less Stress: Though 64 percent feel the market

will be more volatile throughout the remainder of the year --

a stressful prediction -- 71 percent are less stressed about

their personal investments since using the TimingCube signal.

For more information on the survey, please visit our Web site at: www.TimingCube.com/images/SurveyPress0903.pdf.

TimingCube is a new breed of stock market timing based on "Trend Timing." TimingCube signals -- 3 to 5 times a year -- when to buy, sell or cash out of the stock market using exchange-traded funds representing major indices such as the Nasdaq 100, the S&P 500 or the Russell 2000. TimingCube is based in Austin, TX and is a trademark of Fraser Partners, LLC. For more information, please visit our Web site at www.TimingCube.com.