Forum Archive Index - August 2002
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[sharechat] QQQ Index timers
Charlie,
Zen and the Art of Motorcycle Maintenance is the best book I have ever
read, and as you have guessed, it is indeed the origin of my pseudonym.
It is interesting to compare the performance of those two advisory services.
The following gives the number of trades per year, and the average gain per
trade for that year. The TechTrend service is clearly more consistent than the
QQQST, and what's more, they appear to be steadily improving! At one point,
the QQQST system went for over 4 months without a winning trade, making 4
consecutive losing trades in that time. Not everyone would be able to stick
with a system that did that.
2000 2001 2002... Cost
TechTrendAdviser 8 x 5.0% 11 x 6.0% 5 x 7.0% US$430/year
QQQ StockTrading 7 x 4.3% 9 x 13.6% 6 x 4.6% US$60/year
Regards,
Phaedrus.
PS:- Malcolm, 2078.71 was the NZSE40 close on 12/7/02. On 19/7/02 it was
2047.06, as per Kiwi's post.
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