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Not necessarily. First, let's not forget sideways markets. But back
to bull and bear there are, for example, simple long only systems
that do fairly well in bear markets and exceptionally well in bull
markets. And oh BTW, since nobody knows when conditions will change
and for how long, which system would you rather trade?
--- In amibroker@xxxxxxxxxxxxxxx, "Howard Bandy" <howardbandy@xxxx>
wrote:
> Three - we design a system that is profitable in both bull and bear
periods.
> I think this is the hardest to do, since the markets act so
differently that
> it requires additional parameters to be able to recognize the
additional
> patterns. In my experience, systems designed to do well in both
bullish and
> bearish periods do not do exceptionally well in either period.
>
>
>
> Howard
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