|Take a look at
the chart and the table at right. Complex -- but well worth it. Since December
1998, 42 trades and 26 of them winners. And outstanding compound annual results,
whether you trade the S&P 500 or the NASDAQ 100.|
Goodman has been calculating the Summary Index since December 1998 -- bringing
together his most potent indicators into a single super-indicator. In
December 2003 he introduced the new Quick Summary Index, based on the
same indicators, to capture shorter-term changes in the technical condition
of the market. In November 2004 he introduced the long term Trend Indicator,
to determine how much money to put at risk when the Summary Index or the Quick
Summary Index give a signal. Now, integrated as a single Technical Trading
Model, it all works together as a trading discipline that has been tested
over both bull markets and bear markets.
performance is no guarantee of future returns. The chart and table at right show
the results of testing the Technical Trading Model from December 1998, based on
backtesting indicator readings and Summary Index values that were produced in
real-time since that date. Results assume trading at the close on the same day
that buy and sell signals were generated. For simplicity, results assume no dividend
income, no interest income on cash balances, and no transaction costs.
Try Fred Goodman's MarketMonograph free for
two weeks -- there's no risk!