PRZOOM - /newswire/ -
Cincinnati, OH, United States, 2006/08/09 - Timer Digest has named Price Headley, founder of options-trading newsletter site BigTrends.com, as their top stock market timer for the last three months as well as the last six months.
Price Headley, founder and Chief Analyst of options-trading newsletter site BigTrends.com, has been named the top stock market timer by the prestigious Timer Digest. Headley’s predictions of whether or not the market (based on the S&P 500) would move higher or lower were the most accurate of all the advisors tracked by Timer Digest over the last three-month and six-month timeframes.
The ranking system allows an individual or firm to make one of three ‘market calls’ at any given time - bullish, bearish, or neutral. Points are awarded based on the degree of change in the S&P 500 while each participants ‘call’ is active. A neutral opinion will not score any points, but an inaccurate market call will actually deduct the appropriate number of points from a timer’s score.
Each distinct time period starts the timer out with a score of 100, from which he or she will add or subtract points, based on the accuracy of their forecast. During the most recent three-month scoring period (5/04/06 through 8/04/06), Headley racked up a score of 109.31 points. Since 100 is the benchmark from the starting point for each timeframe, the 109.31 would mean he’s up 9.31% for that three month period. The next-nearest participant scored 108.81. The S&P 500, however, was actually down by 2.5% for the last three months, meaning Headley outperformed the market by an 11.8% differential.
For the six-month timeframe (5/04/06 through 8/04/06), Headley’s point total was 109.78. The second place timer for the past six months, and not the same one as the three-month runner-up, scored 108.64. Over the last six months, the S&P 500 has only gained 1.22%.
For the past twelve months (8/04/05 through 8/04/06), Headley ranks third among all stock market timers. His one-year score is 111.76, which translates into an 11.76% gain. For comparison, the S&P 500 only gained 3.5% during this timeframe.
Currently, Headley’s bullish/bearish opinion is in opposition to the next three best timers in the three-month and six-month timeframes. His opinion is also different than the two timers ahead of him in the one-year timeframe. If he’s right about his call, his lead will widen in the two shorter timeframes, and he will close the gap in the one-year ranking.
About Price Headley/BigTrends.com
Price Headley is the founder of BigTrends.com, which provides investors with specific real-time stock and options strategies and investment education to profit from significant market trends. He is a graduate of Duke University and a member of the Market Technicians Association. He is also a chartered financial analyst (CFA) charterholder and a chartered market technican (CMT) charterholder.
He’s best known for his use of sentiment indicators, including put/call ratios, the CBOE Volatility Index (VIX) and RYDEX mutual fund flows. All factor heavily into his analysis of the current state of investors' fear or greed. He factors these opinions against the strength or weakness of the prevailing technical trends in the market to form an analysis of where the next major surprise is likely to occur.
About Timer Digest
Timer Digest monitors over 100 of the nations leading market timing models, ranking the top stock, bond, and gold timers according to the performance of their recommendations over the previous 52 weeks. They report on the Top 10 ranked Stock Timers' signals and recommendations, thus focusing on those Timers whose signals are currently performing best of the 100 + that the site monitors, providing subscribers with their latest opinions. The company also report on the Top 5 ranked Bond and Gold Timers' signals and recommendations.