The smart fisherman (investor) would not venture out (buy stocks) to the stormy sea (the risky market) according to the weather forecast (technical indicator). He is spending his time in mending his nets (testing his strategies) until the weather forecast (technical indicator) tells him to return.
Recently I evaluated 10 stocks. The best
return is GPRO about 10% up in two or three weeks but the rest are
losers. I prefer to rise with the tide.