PureBytes Links
Trading Reference Links
|
<FONT face=Arial
color=#0000ff size=2>Nice post, b!!
<FONT face=Arial
color=#0000ff size=2>
<FONT face=Arial
color=#0000ff size=2>Thanks!
<FONT face=Arial
color=#0000ff size=2>
<FONT face=Arial
color=#0000ff size=2>d
From: b [mailto:b519b@xxxxxxxxx]
Sent: Tuesday, March 30, 2004 10:26 AMTo:
amibroker@xxxxxxxxxxxxxxxSubject: Re: [amibroker] Re: Sector
Trading (Yurconis Approach)
Joe:Thanks for the explaination about the Pankin
numbers from afew years ago. It makes sense for something like 3 weeks
tobe used for ranking and 8 weeks to be used as areevaluation
point.A couple weeks ago I signed up for ManageMyFunds(Yurconis)on
a month by month basis ($25/month) to see whatit is like. That gives
me:1. The timing signals page. Any changes in timing signalsare
also sent by email so one does not have to login eachday, but this page
also gives background with chart infoand commentary for each signal. In
addition to the 2 sectorrotation methods, signals are also provided for
trading theS&P, the Nasdaq, gold, bonds. The S&P and Nasdaq
signalscan be either long or short. The sector methods generallyswitch
from one sector to another (always long, nevershort) although the
conservative sector strategy can be incash at times. Of course, I can not
reveal what the stateof each signal is right now.2. A "Newsletter"
page that looks like it comes out once amonth (the current copy is dated
March 4). 3. A "News and Updates" page in which has 1-3
paragraphcomments on various items including research into
newmethods.NOTES and FIRST IMPRESSIONS: It appears that
the first two lines of the signals page isupdated each day (generally
stating no signal change forthat day). Once a week new charts and
commentary areprovided for each signal. Older charts seem to stay
untilreplaced by new one - so one needs to check the last dateon the
chart to see how many days old it and the relatedcommentary is.The
service appears to be in the start up stage. I appreciate the
attention to Money Management that appearsto be behind each of the
methods. A smooth equity curve anda profitable one are priorities.
The S&P and Nasdaq methods are presented as leveragedmethods
in the performance info, and in the Rydex orProfunds recommended. Of
course one could trade the signalsin a non-leveraged way. The sector
rotation methods do notappear to be leveraged. If one follows his
illustratedmethod of combining the sector and S&P methods (the
S&Pmethod acts like a "hedge" when it is in the short mode),the
total leverage would be about 130% (if 100% is nonleveraged).
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 >
__________________________________Do you Yahoo!?Yahoo!
Finance Tax Center - File online. File on time.<A
href="">http://taxes.yahoo.com/filing.htmlSend
BUG REPORTS to bugs@xxxxxxxxxxxxxSend SUGGESTIONS to
suggest@xxxxxxxxxxxxx-----------------------------------------Post
AmiQuote-related messages ONLY to: amiquote@xxxxxxxxxxxxxxx (Web page: <A
href="">http://groups.yahoo.com/group/amiquote/messages/)--------------------------------------------Check
group FAQ at: <A
href="">http://groups.yahoo.com/group/amibroker/files/groupfaq.html
Send BUG REPORTS to bugs@xxxxxxxxxxxxx
Send SUGGESTIONS to suggest@xxxxxxxxxxxxx
-----------------------------------------
Post AmiQuote-related messages ONLY to: amiquote@xxxxxxxxxxxxxxx
(Web page: http://groups.yahoo.com/group/amiquote/messages/)
--------------------------------------------
Check group FAQ at: http://groups.yahoo.com/group/amibroker/files/groupfaq.html
Yahoo! Groups Links
To visit your group on the web, go to:http://groups.yahoo.com/group/amibroker/
To unsubscribe from this group, send an email to:amibroker-unsubscribe@xxxxxxxxxxxxxxx
Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service.
|