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MarketTrak Question/Comment Message |
Posted By: topannuity Date: Fri Apr 18, 2008 |
Title: Will you let us know if the short ... |
Message: |
Response: I am developing a revised trading model that requires an additional test, besides the delayed ANO, before a movement from a cash position will occur. This test would have reduced the drawdown over the last few days. The test looks to see if a short-term overbought or oversold condition exists. A movement from cash to long will be delayed if the market is overbought. Similarly, a movement from cash to short will be delayed if the market is oversold. More analysis is necessary before the trading model will be modified. |