One could use this system, or any system, in any type of overall market. In this case, like TC said, all you need is a few stocks with a daily chart that looks like SAWS for the past few months ... and they are always out there. I mean, look at the daily chart of SAWS from March 1st till now and compare it to the NASDAQ during the same period. There will always be at least a few stocks that are making the right moves, the trick is finding the ones that work with your system at any given time.
On a related note, I backtested various stocks such as BVSN, DIGL, SAWS, SNDK, etc. over the past 1, 2, 5 and 10 year periods and all I can say is that the results for most are too good to be true. Anyone care to make any guesses? I need to verify these numbers a few times to convince myself they are right. Too bad BVSN, DIGL, SAWS and SNDK weren't around 5 or 10 years ago, I would love to see the numbers on those... |
