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Strategies & Market Trends : AIQ TradingExpert for Windows

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To: Bruce A. Bowman who wrote (637)7/7/1998 11:06:00 PM
From: Les H  Read Replies (1) of 1176
 
After re-reviewing my results for my EDS scan, I find the
test results of 175% annualized ROI is very misleading
since the system only has 28 trades over 6 months with
each trade only occupying 4-15 days. The subject population
of 15 high Long Term Technical Rank/30-day Average Volume Rank
stocks may have been too small.

I ran the same test against my second user list which contains
the subgroupings of stocks in the Dow, S&P 100, Nasdaq 100,
S&P 600 Smallcap Growth sub-index, and the S&P 400 Midcap Growth
sub-index. The results seem to substantiate my earlier tests.
Over 6 months, there 41 trades (35 profitable, 6 losses) with
average trade duration of 31 days. Average trade was up 19.6%.
The average losing trade lost 6.3%. The annualized ROI would be
124.78%.

My next test would be add to the user list a subgroup of stocks
comprised of high relative strength stocks in the previous tests.
The subgroup would change on a monthly basis. This may increase
the ROI toward 150% or more.
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