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PureBytes Links
Trading Reference Links
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Joe:
Thanks for the explaination about the Pankin numbers from a
few years ago. It makes sense for something like 3 weeks to
be used for ranking and 8 weeks to be used as a
reevaluation point.
A couple weeks ago I signed up for ManageMyFunds
(Yurconis)on a month by month basis ($25/month) to see what
it is like. That gives me:
1. The timing signals page. Any changes in timing signals
are also sent by email so one does not have to login each
day, but this page also gives background with chart info
and commentary for each signal. In addition to the 2 sector
rotation methods, signals are also provided for trading the
S&P, the Nasdaq, gold, bonds. The S&P and Nasdaq signals
can be either long or short. The sector methods generally
switch from one sector to another (always long, never
short) although the conservative sector strategy can be in
cash at times. Of course, I can not reveal what the state
of each signal is right now.
2. A "Newsletter" page that looks like it comes out once a
month (the current copy is dated March 4).
3. A "News and Updates" page in which has 1-3 paragraph
comments on various items including research into new
methods.
NOTES and FIRST IMPRESSIONS:
It appears that the first two lines of the signals page is
updated each day (generally stating no signal change for
that day). Once a week new charts and commentary are
provided for each signal. Older charts seem to stay until
replaced by new one - so one needs to check the last date
on the chart to see how many days old it and the related
commentary is.
The service appears to be in the start up stage.
I appreciate the attention to Money Management that appears
to be behind each of the methods. A smooth equity curve and
a profitable one are priorities.
The S&P and Nasdaq methods are presented as leveraged
methods in the performance info, and in the Rydex or
Profunds recommended. Of course one could trade the signals
in a non-leveraged way. The sector rotation methods do not
appear to be leveraged. If one follows his illustrated
method of combining the sector and S&P methods (the S&P
method acts like a "hedge" when it is in the short mode),
the total leverage would be about 130% (if 100% is non
leveraged).
b
--- Joe Landry <jelandry@xxxxxxxxxxxxx> wrote:
> B:
> I'm going to do a search for old notes in my desk top
> computer and see. I'm also going to review the PPT
> presentation he has on his site to see if I can
> reconstruct the approach. Here's one possibility 1) the
> 3 weeks ranking gives you position score. Pick the top
> ranked fund to start a track, ranking once a week.
> I don't remember about the 8 weeks but I think it's the
> period for selling. It could be a "no worse than"
> ranking at the 8 week time frame, similiar to the
> strategies used in FastTrack and TRADE community. The
> minimum hold time is 5 weeks, will save you from
> whipsaws.
>
> Note in his material he talks about multiple tracks,or
> multiple positions in Select funds, phasing them in over
> time (time averaging as the brokers call it). In an AB
> strategy the number of positions would increase over time
> (one new position every 3 weeks) until the basket grows
> to 10? Too many! You might as well own just one market
> index fund.
>
> Later he says the optimal number of positions for reduced
> volatility with satisfactory returns are 2-3. More
> positions, lower volatility but lower returns.
>
> Looks like the beginning of the specs for an AB program!
> Hmm! I'm considering subscribing to the Manage My
> Funds newsletter to see what's up. Of course it might be
> more fun to follow MMF's advice rather than trying to
> code my own strategy. He's doing all the work including a
> hedging strategy. ETF positions would be easier to
> deal with.
>
> Best regards
> JOE
>
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