SPY swing system examples/comments

    Posted by matt on 23rd of Nov 2010 at 04:06 pm
    Title: click to expand

    New SPY swing system

    Posted by rap555 on 24th of Nov 2010 at 12:16 pm

    Matt - will this be a separate subscription with it's own fee or will it be included as part of the BPT subscription?

    i think it is separate fee.

    Posted by shahsamir on 24th of Nov 2010 at 12:21 pm

    To date, in 2010 the

    Posted by frtaylor on 23rd of Nov 2010 at 10:57 pm

    To date, in 2010 the system when compounded has a return of 52.9% for SPY. Using  SSO (long and short) it has a compounded return of 137.5%. Not too shabby.

    Since this system holds some

    Posted by stevedfw on 23rd of Nov 2010 at 11:31 pm

    Since this system holds some positions for several weeks, might it be best to short the contrary 2x fund (SSO, SDS) to keep from the 2x fund degrading over time?  Any thoughts on this?

    I don't see degradation of

    Posted by matt on 24th of Nov 2010 at 01:25 am

    I don't see degradation of SDS or SSO as an issue, I've looked at the results and it was basically non-existent for the time frame's held.  You can also do Profunds 2x funds instead. 

    Any thoughts on GOOD? Bullflag?

    Posted by hutrader on 24th of Nov 2010 at 07:08 am

    I was wondering if any of you have something to say about GOOD?

    It looks to me like some sort of bullflag formation. What would be the price target in case of a breakout?

    GOOD

    Posted by steve on 24th of Nov 2010 at 07:59 am

    hutrader - your selection GOOD does indeed look like a bull flag pattern.  Should it resolve upwards, then the target would be derived by adding the length of the pole to the breakout level (conservatively 2/2.5 points).

    I don't understand, Steve.  Why

    Posted by algyros on 23rd of Nov 2010 at 11:58 pm

    I don't understand, Steve.  Why would shorting a contrary 2x ETF be less subject to degradation than simply going long a 2x ETF?  I thought it was 2 and 3x ETFs that were the problem, not whether you went long or short with them.

    Look up theta burn.

    Posted by steveo on 24th of Nov 2010 at 12:52 am

    Look up theta burn.

    That's affirmative or simply short

    Posted by steve on 23rd of Nov 2010 at 11:41 pm

    That's affirmative or simply short SPY when prompted to position short.  The problem only appears while holding over a longer time period.

    I know that you've mentioned

    Posted by algyros on 23rd of Nov 2010 at 05:44 pm

    I know that you've mentioned this in the past, but could you remind us of the performance statistics of the system, specifically its annualized returns?  

    Matt's SPY system stats

    Posted by philosoraptor on 23rd of Nov 2010 at 05:54 pm
    Title: Matt's SPY system stats

    Thanks.  It would be interesting

    Posted by algyros on 23rd of Nov 2010 at 06:13 pm

    Thanks.  It would be interesting to see what the stats look like now, given that, as you say, this version of the systems appears to take fewer trades than earlier versions.s

    Good Job

    Posted by magann14 on 23rd of Nov 2010 at 05:03 pm

    Matt and Steve...keep up the good work.  I have really enjoyed my membership and will gladly pay for the SPY swing system.  The performance should pay for the service many times over.

     

    CAN YOU GET A SUBSCRIPTION

    Posted by RM686 on 23rd of Nov 2010 at 04:38 pm

    CAN YOU GET A SUBSCRIPTION TO THIS AND CANCEL YOUR REGULAR BPT SUBSCRIPTION OR DO YOU HAVE TO HAVE BOTH.

    LOL NO! the system was

    Posted by matt on 23rd of Nov 2010 at 04:49 pm

    LOL NO! the system was not made to cannibalize the BPT membership, which is already dirt cheap anyway and has been the same price since 2005

    please don't raise the price

    Posted by rikkwan on 23rd of Nov 2010 at 04:58 pm

    please don't raise the price of BPT- I'm still a relatively new subscriber- yes BPT is worth every penny

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