Schmita and a Lesson in Backtesting

(Somewhere off Cuba)  This morning’s report is truncated.  That’s because we are doing exactly what our Model had been saying.

In short, we are now in a buying wave that will either end today or tomorrow,  and we should finish next week with a good….


Let’s just get right to the lesson about backtesting and I show you how “Schmita” theories fared against my Trading Model in the 2008-2009 decline.  If you’re not a subscriber, the two word summary is “kicked ass.”

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