Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: blitzfund who wrote (70537)	4/17/2005 11:42:17 AM
From: William H Huebl	Read Replies (1) of 94695

Sure, whenever I can. Remember, I put those signals there to show (prove?) that there ARE trading systems and signals which (hopefully) can be relied upon in keeping with the purpose of this thread. But make no mistake, I accidently discovered this system squirreled away in the archives of WealthLab and cannot make any guarantees as to results in using it. I do know that based on that system (assuming we can rely on the WealthLab calculation of profits using that system) if you had started using it ON THE BUY SIDE ONLY back 1500 days ago that you would have made almost $90,000 as opposed to losing almost $7,000 for a buy and hold strategy! But I am trying to do even better than that! Using the beta version of StockCharts, a newly assembled system would have told us to close our positions at the open on Wednesday and go short on the open on Thursday. That is even better than the system I use in WealthLabs. Nope, hasn't been well backtested yet but visually scanning at least the past 5 months or so shows it would have made some serious money over that period! And it intuitively is appropriate as a trading system. BWDIK, IMHO and all those caveats!

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