The indicator measures the number of overpriced Nasdaq listed stocks according to a variation of our original Death List formula, and is new, as of March 10, 2001. The risk associated with specific NRI values are still to be determined. Here are historic values of the indicator going back to May 1998.
Market timing is one of the more controversial aspects of investing.
Market timing signals based on market indices can be used to trade index options, funds or other products designed to emulate particular indices, or to time the purchase and sale of individual stock appropriate to a particular index. The results are hardly ideal. You can look at timing signals the same way you view fire insurance. Most of the time you pay for insurance without getting anything back. But if your house catches fire, the insurance is a lifesaver.