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Hi Ben,
Are you updating your earlier comment to cover the next week or two?
I have paste another gentleman's research below:
On the NDX looks to be the best, buying on the close of 5 days before
President's Day (going long on the 2/14 close) and exiting on the close of 2/23.
This could also be used with a double-leveraged fund like Rydex Velocity 100.
----------------------------------------
Total Closed Trades: 22 (1.00/yr)
Winning Trades: 77.27%
Largest Gain: +7.36%
Largest Loss: -2.03%
Ave. Gain Per Trade: +1.26%
Max. Drawdown (peaks): -2.82% on 02/13/03
Max. Drawdown (entry): -2.03% on 02/13/03
Max. Drawdown (real) : -2.03% on 02/13/03
Winning Years: 78.26%
---Dave Steckler
Thanks,
John
-------Original Message-------
Date: 01/31/05 23:51:32
Subject: [RT] mkt outlook
hello
tomorrow should be a down day for Both nasdaq and sp500
(if we continue higher it will be a small up)
this is just a temporary set back
the high for this move should come 2/2-2/4
the major turn on 2/17-2/20
attach is a chart showing the turns
Ben
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