Yes, you can download all his past trades over the time of his OEX trades from sometime in '95 until now. Go to his web site at www.BAResearch.com for the info.
I think his technical work is excellent. You have to analyze his picks on your own to see if you think his timing fits your own models. Sometimes his picks are great but his timing is a little off. For example, he called the market top pretty close last month, but he didn't wait for the market to turn and confirm his technical work. As a result, he held onto some oexxs's a little too long instead of cutting his loss and buying them again cheaper and waiting for his target price.
As we all know, you can trade the same position 1-3 times a day on volatile days. Study your support and resistance levels and buy and sell the same position if the volume is not sufficient to push it past resistance. He has a tendency to buy and hold for his target. That's fine on equities as a general rule, but not always best with the OEX.
Don't misunderstand me, I think he is a fine technical analyst and is very good at what he does. It's easy to critique when you're not having to commit your thoughts to paper. We all know that we can have an opinion on something, only to have it changed by rapidly changing market signals. The market is not always that predictable at open, 10:30, 1:30 and close. But he has to draw a line in the sand at those times to give trading decisions.
His free trials last for 2 weeks, so try his services and see how they work with your trading style. I like his input when I'm trading the OEX especially. |
