moorso,here's the post you responded to below
it refers specifically to the August decline (into September). So do my posts numbered #6629, #6641, #6657 and #6675.
I did not claim to have a better system. I posted an example of one that did not appear to have a drawdown of 17%. Your premise for a contest fails. Besides, I trade solely stocks, not indices.
Come out of denial and answer the question - why did the CLX system fail during the August-September decline
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To:Chip McVickar who wrote (6676) From: Vitas Thursday, Nov 1, 2001 5:21 PM View Replies (1) | Respond to of 6702
Chip, given the poor performance of the CLX-CLXPP-AYDIS system during the decline in August do you have any ideas as to what failed - why was it giving false positive readings?
Is it a matter of re-interpreting the figures in a different manner, using filters of some sort, targeting stocks that had minimal net changes for the day because of decimalization, dividing the Dow stocks into larger cap versus smaller cap issues and making a comparison, whatever.
I, for one, would like to see the regular posters on this thread address the issue - how do you try to avoid major drawdowns in the future.
Vitas |