Friday, September 17, 2010

Come to Papa

I always said, let the market come to you. :) At least it seems to be coming to this projection model for the time being. Lets run it out till the end of September and see how it does.



Tide chart below. No commentary needed. Expect some weakness ahead, but nothing extraordinary.



And lastly, but certainly not least, the trading test results for the past week. Certainly not a big week with a $22 gain, but thats to be expected at times. I changed the daily percent change formula a little bit so that it showed change from the prior days close, not from the current days open. Stocks do gap, as we all know. I also added in the upper right, a formula for estimated annual dollar gain from the portfolio and annual percent gain. Now, its important to note that these gains are not including commissions (which should be very minor with this trend following method) or slippage. I expect to add in this feature shortly, but for now, its only an estimate of future results so we wont quibble about smaller dollars. Also important to realize that this projection will vary wildly in the beginning because the basis for it is a very small sample of results (only about 2 weeks at this point) so its accuracy is surely suspect now. It'll get better as time goes by. No position changes in the test portfolio were called for this week. I will post position change requirements as they happen during the week. Have a good weekend, y'all.

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