4-27-2012 mid day comments

[Mike]

Shawn,
Maybe a picture would be useful. Shown here is my equity computed at the close of each day normalized by the value on April 4 close, the day IBD put the market in correction. I would not have really been able to do anything until the next day however, so I wouldn't have been able to get out at the 100% level. I just exported a broker file for this data and didn't mess with any controls for which dates to select, so the data goes back to only 30 January (3 months)


Attachment 13981

Here is an equity model starting on December 20, 2011 (follow-through day).