by Dr. Bart DiLiddo
Monday, 03/01/2010
The VectorVest RealTime Derby is such an in incredible tool that I want all of our subscribers to benefit from it even if you don't have it on your computer. That's why we began discussing the Daily Derby Winners in the Daily Color Guard Report shortly after releasing the VectorVest RealTime Derby last summer. We gave our first "Strategy of the Week", SOTW, presentation regarding Derby winners on October 9, 2009. It was called, "Winning with Weekly Winners."
That presentation was based on the idea that the Strategies which appear frequently among the top five Daily Derby Winners should produce good results...at least in the short-term. Mr. Glenn Tompkins, who gave the 10/09/09 SOTW presentation, illustrated this point quite well.
Over the last two weeks, we introduced the concept of betting on Derby Leaders, i.e., Strategies showing the biggest percent gain since the most recent appearance of a Red or Green light in the Price Column of the Color Guard. As noted in last week's essay, the five Strategies shown on February 12th performed extraordinarily well through Friday, February 19th. They also did well on Monday, February 22nd. Then the big down day came on Tuesday, February 23rd, and all five Strategies pulled back. They bounced back on Wednesday as the market recovered; then went on a roller-coaster ride yesterday. QuickTest shows that while all of these Strategies are still in the black, they are all down from last Friday.
Through it all, I carefully watched what the Derby was showing me. I noted the performance of the Daily Winners, the 5-Day Winners and the Derby Leaders. I saw the Daily Winners go from Bullish to Bearish as the market went from up days to down days. I saw the 5-Day Winners go from 100% Bullish to a mixture of Bullish and Bearish Strategies as the rally stalled. Finally, I saw the Derby Leaders steadfastly remain 100% Bullish although their performance eroded day-by-day.
Since I had learned not to chase the Daily Winners because they were too flighty, I elected to go with the Derby Leaders because they were steadier. But I wondered last week if I was I being stubborn and forgetting to "Let the trend be my friend?" I know I can't fight the market. When the Derby shows Bearish Strategies outperforming Bullish Strategies and I see Bearish Strategies among the 5-Day Winners, I have to pay attention. So I thought about Mr. Glenn's SOTW presentation, "Winning with Weekly Winners."
I had sort of forgotten about Mr. Glenn's SOTW because it seemed like too much work. But that was before the Tote Board was released, and gee, we were publishing the 5-Day Winners each Friday in the Views. So how much work is it to check the Friday Views and give Mr. Glenn's technique a try? Lazy as I am, I'd have to admit, it's not much work at all. Using the technique shown in this week's SOTW, the 5-Day Derby Winners can get you on track to Winning Big, The Easy Way.
WINNING BIG, THE EASY WAY.
You have to see this week's presentation. Mr. Jerry D'Ambrosio, Consultant and Instructor, will show us how easy it is to make money with the 5-Day Derby Winners. So join Mr. D'Ambrosio at the VectorVest University to see this week's excellent "Strategy of the Week" presentation: "Winning Big, The Easy Way."
P.S. Given the essay shown above and the results presented in this week's SOTW, we will be listing the top five 5-Day Derby Winners in the Daily Color Guard Report each night in lieu of the Derby Leaders. However, we will still be using the Enhanced ProTrader Market Timing Graph, EPMTG, to analyze the direction of market as shown in last week's SOTW presentation.