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It's not so much a belief - as the fact that I've never been able to develop a
workable SP500 system that trades at the end of the week. Maybe one exists -
but I haven't found it yet. Perhaps Systems & Forecasts does ok - but since I
don't have access to the system itself - and can't test it on historical data -
I won't risk my money on it.
BTW - the one area where I do rely on weekly analysis is when I'm rotating
sectors based on relative strength. If I try to rotate based on data I run
every day - the system gets "too busy" - and I trade too much. But sector
rotation doesn't come into play unless my main SP500 system is "on a buy" - and
the sectors I'm evaluating are also "on buys".
I will admit that the memories/charts of 1987 do enter into the equation (and
the system testing). I didn't much like 1987 - and the systems I've developed
generated lots of sell signals in various sectors in the week before the crash.
Which doesn't mean my systems are perfect. Any system developed on the basis of
past events has a distinct possibility of failing in the future. Robyn
charles meyer wrote:
> Robyn:
>
> Does you belief about the Continuation Signals relate to the fact
> you might be left holding the bag? Reasked, the market could
> go down bigtime with a Continuation Signal in effect; like in
> October, 1997?
>
> Chas
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