Short illustrations of why this market can go higher…
What if we buy $SPX at the close after 5 consecutive higher closes above the 200 day moving average?
Since this study used $SPX and not SPY, these results start from 1960 and include hundreds of samples.
What if a simple system is generated by deciding to hold the trade for 12 days (the current optimum length to hold the trade after the setup)? What would the equity curve look like?
Yes, this market can go higher.
Eeek – these short hedges many of us have put on – not so hot
lol…nice thing about working during the day, I really am not able to stress about positions until near the close, when I can actually open up my platform and take a look at things…
Hey woodshedder,
I see your a Richmond guy..Im just a hop.. skip and a jump from you in Lynchburg..Small world here on IBC
L’burg is great. Let me know if you’re in R’mond anytime.
Woodshedder,
Will do, i am down there every quarter or so..i will def. let you know.
Get together w. DMG as well. Maybe I’ll make an appearance…
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Hey Wood
I was perusing Marlyn Trades website Filtering Wall Street and I noticed a comment from you on his post about the 3 EMA crossover rule.
I was just wondering if you had carrried out any backtesting on that?
thanks man