To: OldAIMGuy who wrote (8958 ) 10/18/1999 4:41:00 PM From: HighTech Read Replies (2) | Respond to of 18928
I am playing with the trial version of Newport. I have a lot of time on my hands to do some testing, which isn't efficient on Newport. I'll be glad when I get the new version of PCA. However, I do like the Newport and will probably buy it after my trial period. Anyway, I jotted down UOPIX's weekly prices, adjusted for a 1:5 reverse stock split in early 99 as well as a 4:1 stock split in July 99, from as far back as I could get prices which was early March of 98 and I finished at the prices ended early March of 99, so I only tested a period of one year. I have only done one test which took about a half hour or less to do. I tried a safe sell and buy at zero, used a $500(5%)minimum trade, starting with $10,000, and equity of 90%, cash of 10%. I expected a lot of trading with those tight parameters and, as expected, there were 31 trades-18 sells and 13 buys. The bottom line, considering I neither adjusted for possible cash earnings(when cash was idle) nor for the cost of commissions or margin borrowing, was as follows: AIM Performance------------+155% Buy & Hold Performance----+133% I had to borrow only about five times and the maximum I had to borrow was $4555. This was during August/September of 98 and did not need to borrow after that as the sales paid the margin off quickly. The next test I will do based on the results of this one is a buy safe of zero and a sell safe at 10. I expect much better performance from AIM because at various times throughout the period tested, the B&H caught up with AIM because AIM sold too many times, but then when the prices dropped, AIM caught back up. I double-checked my work, so the numbers are fairly accurate. More to come, but it sure takes a long time. That's OK though because I don't mind doing it - for now anyway. HiTech