Quote Originally Posted by Billy View Post
Martin,
About your point 2 above, %E is actually 11.79% when excluding all stocks without a composite rating in Marketsmith. This excludes all ETFs on top of all stocks without an institutional profile (otherwise they would have a composite rating).
Billy
Billy you bring up an interesting point. The composition of the IBD 6000 has changed over the period of my analysis. The addition of ETFs has been prolific. My testing has relied on printed IBD6000 data. I can't backtest a different historical subselection of index data as the older data isn't available to me so need to watch this in the future. The thresholds for IBD6000 %E would probably change if different data were used. I don't know if 11.79% would be high or low...