• 65% understand the difference between the illegal market timing practiced by some mutual funds and legitimate market timing
• 74% don’t think the mutual fund market timing scandals diminished the legitimacy of market timing
• 67% believe that revenue-sharing payments from mutual fund firms to brokers for promoting certain funds should be made illegal
• As a direct result of the broker-mutual fund revenue-sharing issue, of the investors that use full service brokers, 63% will be suspicious of broker advice and a 7% will stop using full service brokers
• Of the ones that express an opinion about the impact of the Presidential elections on the markets, 66% believe it will increase market returns this year

The survey also found trend timers are not sitting on the sidelines and are fairly savvy and sophisticated investors.

• 96% said they had a winning year in 2003, of those subscribers, 36% invest 50% or more of their portfolio with the TimingCube signal
• 80% (up from 58% 6 months ago) have less than a quarter of their portfolio in cash or money markets
• A full 79% do without a financial advisor
• Usage of ETFs nearly caught up with mutual funds at 56% versus 57%, erasing a 20% difference just 6 months ago
• 82% manage to keep their trading costs under $500 per $10,000 invested
• The value of the TimingCube service is perceived as providing higher value than an actively managed mutual fund by over 69% of respondents

Make sure you don't miss next week's review of the comments suggestions.

Warm wishes and until next week.

The TimingCube Staff