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<SPAN
class=951024500-01102003>try any index, stock, mutual fund, VIX (inverted),
anything. the most profitable trading vehicles aren't necessarily the easiest to
generate good signals from.
<SPAN
class=951024500-01102003>
<SPAN
class=951024500-01102003>for example, the typical VectorVest model is to use
some signal to decide whether to go long or short, then use one of the many
built-in and custom stock selection strategies to pick stocks to trade. VV is
quite good for pick strategies, given good timing, but there's *endless*
discussion and exploration going on about profitable ways to time the market as
a whole. in fact, that search is what led me to AB.
<SPAN
class=951024500-01102003>
<SPAN
class=951024500-01102003>you do need to have confidence that there's good
correlation, not just backtest coincidence, between what you're trading and
where you're getting your signals. one way to do that that I and others have
explored some is by doing exactly as you describe. another variation is to trade
only Russell 2000 stocks using a RUT-based signal, etc.
<SPAN
class=951024500-01102003>
<SPAN
class=951024500-01102003>this is the great thing about AB -- have an idea, build
it, test it, and draw your own conclusions. no black box mystery system, no
market gurus, no newsletters or talking heads to follow, just your own hard
thinking, and lots of testing.
<SPAN
class=951024500-01102003>
<SPAN
class=951024500-01102003>dave
<BLOCKQUOTE
>Something
to think about: what about the watchlist average in place ofthe NDX
index you used, then run it against the
watchlist??Ken
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