SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: rocklobster who wrote (10122)6/8/1998 8:59:00 PM
From: LastShadow  Read Replies (2) | Respond to of 120523
 
Net Test: THNK, AOL, DELL

That was interesting. Net says to buy all of them as follows:

THNK - buy signalled on 6/5
AOL - buy since 6/4
DELL - Buy on 6/3

Even more intersting was the % contribution of the Open, Hi, Low, Close, Volume, RSIO, Stochastic (and a few others I ran) on the accuracy of the backtested prediction - oin other words, the most telling indicators for future price were as follows:

THNK - Open=48%, Close = 27%, Low = 16%
DELL - High = 50%, Open and Low = 21.5% each
AOL - High = 98%

the other percentages were to the other factors tested.

As for a tested trading strategy, using a %k over a %d crossover (5 day, woth 5 day smoothing) for long only, it generated a 168% annual return for THNK and a 50-65% for the other two. Although those sound good, only about 45% of the trades were profitable, so with a couple hours experimenting, one should be able to double those, or at least make fewer but more % profitable trades.

Not surprising though that the High would be so indicative for AOL, as it has been uptrending for so long.

lasthadow