This community is getting boring so hopefully this little gem wil give it a spark. One of my secrets that I add to all my screens lies within this screen; however, it is up to you to figure out what it is.So season greetings. Hope you all enjoy this one and hope to hear back from some of you on it. I would also like to see some derivatives of it to improve its performance.
FYI: Above stats are from 12/28/07 - 11/02/12. Nice flat curve holding 3 stocks.
Regards,
Stephen
I just backtested this strategy for the past 3 months, which has been a strong market, and it was DOWN 13% compared to the S&P up 9%! Keep looking!
Personally, the backtest results are skewed by removal of stocks which have dropped from Friday pm to Monday am, and using the Fri close as the sales price. They also ADD stocks which jump up over the weekend, giving a pick price from the Friday close, which you can't get by Monday am. This gives MUCH better results on backtesting than are actually obtained. Still, it is useful to use as a guide along with other strategies.
