HI RFH, In regard to the Resistance settings, I've been using just the opposite recently on an experimental basis. It looks like if I use 0.0% Sell Resistance along with "vealies" and 20% Buy Resistance I come up with better results and conserve cash better.
My goal is to be able to use less total Cash Reserve if I can conserve its use in a long down trend. The "vealies" conserve my shares in a long up trend, so I don't need the resistance there. The overall range of SAFE is still 20%. If I can change my overall long term cash/equity ratio by even a small amount favoring the equity side it benefits the long term results quite a bit. I've not finished this study yet, but initial results are favorable. In one example I was able to lower the peak cash reserve percentage from 50% to near 40% without running out of cash in a severe down turn. By staying more fully invested, the long term results improved.
As I get closer to finishing this work, I'll post more on the subject.
CPQ stumbled, so its price is more reasonable right now, However, I'm not sure how quickly they're going to recover. DELL is going great guns.
But remember, JBL builds stuff for DELL, CPQ, LU and lots of others!! For JBL, it's not a matter of who wins, because they will get business from whomever the winner is!
It's a little like either betting on the horse to win or the saddle maker that supplies all the jockies! Hope this helps.
Best regards,
Tom |
