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Technology Stocks : INTEL TRADER

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To: John Harton who wrote (8574)6/16/2000 12:38:00 AM
From: smolejv@gmx.net  Read Replies (2) of 11051
 
>>You got a thing that back tests 100%<<

Sigh...

Here's just a comment or two on this point....

"Our past record is no guarantee..." etc (smallprint e'body had to read it one time or another

Take 10 best funds for a period of say 5 years at some time X. Then take the period of 5 years after X. On average you will get 50/50 win/loss.

Another point from my 9-to-5 experience: any model, which backtests to 100%, SUX. If anything, it's overtrained and topples on any, even so slightly, curved ball Mr market decides to throw us.

dj
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