The Market Timer is edited by Cornelius R. Spahn, who studied Law, Business Administration and
Economics in Frankfurt and St. Gallen (Switzerland). At the University of St. Gallen he finished his studies
as licentiatus oeconomiae which equals a master degree. Based on his thesis he started to work on the capability to forecast
currency returns and to develop a general quantitative market timing model which fits to all
asset markets. The model relies on serial correlation and uses both convex and concave forecasting
strategies. It is successfully tested out of sample for different markets. The recommendations
based on the forecasts of the model and implemented by various strategies give a return of roughly
20% p.a. in the period from the beginning of 1991 until the present day. At the same time, the short fall risk of
the recommended strategies is substantially lower than the relevant risk of a diversified stock
market buy and hold alternative. The recommendations are published by a weekly e-mail. You can have a look
at the last four editions (
here) and register for a free
trial subscription to receive the current edition at an early date (
here).