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Dear ;
During the past several weeks I have been wrestling with a number of issues. One was last year's poor results. That and some poor performance in past bull markets made me decide that it is generally too risky to go short in a bull market. The original SPYmaster lost lots of money doing just that.
But what actually defines a bull market or a bear market? There are lots of views on that question. I decided that I'd give Warner's Percentimeter a chance to figure that out, so I started working with a bunch of longer-term models.
The computer found one that with about 2 trades a year would do 2x the bought and held SPY...not too shabby; so I decided to use that and optimized it together with a simpler short-term oscillator very similar to the original but not weighted by volume that would go neutral when it said to sell in a bull market but would go short on a sell signal in a bear market.
I have also decided that it doesn't make much sense to send you an email, which system seems to be working pretty well, and also post the same info on the website. So I have decided not to put any more updates on the website. If that turns you off, please let me know.
I have done an introduction to SPYmaster II with its results and turned it into a narrated slideshow. Just click here, and you'll be taken to it.
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