Yes, last year was the real benchmark for managers/investors/traders ... I hope I learned my lessons ready for the next one. High volatility and correlated screaming bear years are here to stay.... they are the inevitable consequence of momentum trading, which is a self perpetuating system until the music stops and someone is left holding the parcel.
--- In [email protected], "wavemechanic" <fim...@...> wrote: > > I suspect that these funds are not run by black boxes although the managers > are working within a defined methodology. In any case, over the last couple > of years the picture is a little different relative to the S&P500. In that > case, all are in the same ballpark (a little higher/lower over time) except > for two underperformers - PSP and STH. So, relative to these funds make life > simple buy SPY and close your eyes. > > Bill > > > > > ----- Original Message ----- > From: Ed Hoopes > To: [email protected] > Sent: June 02, 2009 11:02 AM > Subject: [amibroker] Re: Do all trading systems stop working? - Howard > Bandy's book > > > There are publicly traded funds organized around various trading systems. > Below are a few for comparison: > > NFO - Insider Info > STH - Stealth > XRO - Sector Rotation > PIQ - Magni Quant > PSP - Private Equity > FVI - ValueLine 100 Stocks > BWV - Covered Calls > CSD - Spin Off Companies > DEF - Defensive Stocks > EZY - Low PE Ratio Stocks > > Now take each one of the above and do a relative performance to the overall > market - like VTI Vanguards Total Market ETF - and you can see how well they > work. > > NFO, PSP, EZY top the list with a modest out performance using my ranking > algorithm. The majority equal the market or underperform. > > For me the most disappointing is FVI only as good as the broad market - so > much for $650.00/yr fundamental/technical analysis newsletter. XRO - is the > worst. > > ReefBreak >
