Quote Originally Posted by eschroeter View Post
What are your thoughts on the success of Market School? Is it still an official IBD premium feature? Any changes in the methodology of note?
Market School is still being taught, the next seminar is in Florida April or May. They are going to convert it to a home study course soon. Market School brings in some techniques that Bill O'Neil uses that are taught nowhere else. The prime example may be setting up right now in the market. When the distribution count climbs to a full count (+6) in a 25 day trailing window and a pullback occurs followed by a follow-through-like day Bill will zero the distribution count. Normally follow-through days apply to situation when the buy switch is off but this is a case where the FTD is used in an ongoing rally with the buy switch on. We are at a full count right now and we have had a pullback. Today is day-4 of a possible advance so if the market strengthens going forward the distribution count could drop to zero. IBD won't make mention this in the paper if it occurs, nor will they drop the count in IBD. Bill and his portfolio managers will however.

The changes that have occurred involve the addition of an S14 sell signal (sell if we close below the last marked high that triggered a B8 higher-high buy signal. The definition of the power trend has changed also making it much more "sticky" keeping the buy switch on more of the time. There have been minor tweaks to other rules.

The buy switch is on now in a power trend with an investment level of 55%. We have 7 days of distribution.