by Dr. Bart DiLiddo
Friday, 03/28/2008
There are only ten days left to get your entries in to our Bear Market Beaters Contest. All you have to do is send in a long only strategy that conforms to the rules spelled out in my March 7, 2008 essay. The First Place Winner will receive a check for $2,500.00. All acceptable entrants will receive a $50.00 VectorVest Savings Certificate.
Yes, I have continued to work on developing a blockbuster Bear Market Beater strategy of my own. My purpose is strictly to satisfy my ego. I want to create a strategy that beats the best strategy that is submitted, but I haven't created anything that looks that good so far. So I'm still working at it and I hope you are too.
Please remember, your entry must be submitted by midnight, April 7, 2008. You just might be the winner of the VectorVest Bear Market Beaters Contest.
RIDING-THE-WAVE MADE EASY.
A 132% gain in the last four-and-one-half months is what dreams are made of. Yes, I know last week's "Strategy of the Week" didn't happen in real-time, but it was a great illustration of how to achieve fantastic results in the future. And the best part of the story is that it's not that hard to do. It is a matter, however, of knowing when to do what. For example:
1. Steve used the Up and Dn signals from the Primary Wave to know when to go long and when to go short. These signals are documented each day in the Timing section of the Views.
2. He used Quick Test and QuickSims to find the best strategies for knowing what stocks to buy long in Up waves and what stocks to sell short in Down waves.
3. Once again, he used the Up and Dn signals from the Primary Wave to know when to exit his long and short positions.
4. He made the whole thing very simple by not trading positions during the waves and by opening and closing portfolios at the next day's Open.
This procedure is so simple anyone can do it. All you have to do is wait for the Primary Wave to flash a new Up or Dn signal. You go long on a new Up signal and short on a new Dn signal. Use Quick Test to select which strategy to go long with or which one to go short with. Place your orders to open or close position at the Open and let them ride the wave.
I love it, and you know what? We're going to do it. I'm going to ask our staff in Ohio to manage the Model Portfolio using the procedure shown right here in Riding-The-Wave Made Easy.
P.S. You really won't have to spend a lot of time finding the best strategies to go long or short with because we will give you a short list to choose from in the Views with each new Up or Dn signal.
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