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I don't think he backtested it at all. I think he said he looked at
the charts for several years to see if he could use it to get similar
results to the backtested results. I think he said it did.
As I remember it, manohohman said a lot of other people had
backtested this. Along those lines, I remember seeing results from
Zweig, Mcdonald, and some other people who have looked at this system
since it was developed. Each one was a little different from the
original one Zweig came up with. But I don't remember everybody who
has commented on it, or even when.
I don't remember him recommending that anybody trade this. I
certainly never would rely on the results of other systems developers
like Zweig.
>From my stand point you are exactly right--don't use this.
John
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