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Dear John,
don't be so sensitive, and negative. what up w/ the attitude? it was a
very interesting letter (Bill's), (any hardcore trader would find it
interesting). do you think that all the interviews in Krutsingers new
book about trading system writers is a big ad? or Wizards? traders
learn from hearing about others systems. you must be more appreciative
of Bill for sharing (taking the time)......i am ..........Rob Cooper
John Cappello wrote:
>
> Dear Bill,
>
> I was trying to figure out why all of this copious posting on something like this and now I see why.
>
> Does a long winded commercial sound too unkind.Please....give us credit.The least you could do is just send it to people who specifically requested it only.
>
> Regards,
> John
>
> ------------------ Reply Separator --------------------
> Originally From: Bill Bancroft <bancroft@xxxxxxxxxxxxxxx>
> Subject: GEN: My System Part V
> Date: 05/05/98 12:16pm
>
> Now you know the gist of it all. When you put all these systems
> together, you have a very dynamic asset allocation "system".
>
> Let's review: Zone 1 & 3 -- trade the Fidelity Sector funds with the
> switching model
> Zone 2 -- trade Fidelity bond funds (buy and hold
> until the zone changes -- no trading)
> Zone 4 -- trade gold funds if the gold system has a
> signal, else, enter a money market
>
> Since 1986, this system has returned roughly 30% a year with a maximum
> drawdown of 11% (without margin). I realize the market since 1986 has
> been very favorable to equities. I do not foresee the next 12 years
> being as good as the past 12. If the market heads south, we will change
> zones (into either 2 or 4) and not earn as much money. But I would
> rather only earn 12% a year in bonds or gold, than lose my shirt in
> equities (it is all relative).
>
> New areas of research: since the switching model works so well on mutual
> funds, it should work on homemade stock groups. My current research is
> focused on picking the hot stocks out of the hot groups. This system
> will be much more volatile (read: riskier) than the mutual fund model.
>
> My boss and I will offer the signals to the entire system later this
> year. We will have ONE introductory period of 6 months for a reduced
> rate ($100?). You will be able to access the signals through a web site
> with a password we supply you (after your check clears-ha!). If, at the
> end of 6 months, you like the model and would like to subscribe for a
> longer time period, the rate will increase (to what? I don't know--
> what's fair?). If you are disappointed, you simply don't renew.
>
> Feel free to question or comment (good or bad) any of my systems I have
> presented here. I hope it triggers some new ideas in all of you. I,
> too, am always open to new ideas.
>
> Hope it helped--
>
> Bill Bancroft
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