powertool follow up
this is the follow up i promised, it displays a best case scenario...i have done my best to be as honest in the intrepretations as i see it. the tool has shown excellent potential imo in this downtrend...some trades would have had to have been nimble, but under the mkt conditions i think a best case scenario will demonstrate the strength of the tool, obviously i am not claiming this to be how they would have been traded, as it is doubtful a sell signal will ever occur at the high under the established current system, just the movement is what i am trying to demonstrate at this point.
symbol, signal open, high for the period, status
amswa, 7.25, 8.62, hold
as, 5.75,6.38, hold
bvsi, 10.75,14,reloading
cfs, 9.63,11.5,sold
chcs, 10.69,15.75,hold
clci failure
cmdl, 12.38,13.13,hold
dgx, failure
ftic,17,17.88, sold
gnd, 17.31,18.38,sold
grh, 8.06,9.63, reloading
hds, 5.13,7.56, watch
hdwy, 11, 12.75,sold
ibah, 5.19,5.63, hold
imnr, 10.88,15.13,hold
intv,13.50,17.13,sold, reloading
jbm, 5.31,5.38,hold
lcav, failure
lorx, 2.88,3.38,sold
mhr, failure
navr, 4.25,6.63, sold
novl, 11.44,13.44,hold
nu, 15.56,16.81,sold
ocli,16.88,18.50,sold
oo, 13.13,15,reloading
pana, never signalled
pscx,failure
pwn, 17.13,19,hold
raco, 3,3.38,sold
rmii,failure
spyg,10.31,10.31,hold
tmbs,19.38,23,hold
tso,never signalled
urgi,12.31,13.75,sold
wgo, 11.88,12.13,hold
wstf,18.75,20.50,hold
failure rate of 16.67, in a down market, opportunity existed for all others at some point...again this is a best case scenario, demonstrating volatility, not profits, some holds are trading lower than their highs currently and under certain conditions(read greed)could have already been sold. what i have noticed is the rapid pace at which some would have signalled a sell, this may be a result of the market conditions of late... |
