2008 Characteristics of TSM Stock List ... Andre

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Subject: Characteristics of Trade Population Using RSI(2) Triggers
Mr Miller,

Your post Characteristics of Trade Population Using RSI(2) Triggers was very helpful in understanding your strategy.

I would like, however, to know a little more about how you selected the 2008 trades.

I the article Buying Weakness and Selling Strength you mentioned that 101 stocks were selected (the 2008 TSM picks) and generated 418 trades.

Does it mean that every stock was tested for the whole year although it might only have showed as a TSM pick in November or December?

Also, is there a huge rotation among TSM picks or is the list pretty much the same through the year?

Again, the post on your blog was very helpful in understanding your methodology.

It's always great when a trader can back its strategy when stats.

Thanks,

Andre

....................

Andre,

Revisit the blog post as I've added an example that may add to your understanding.

Yes, the 101 stocks forecast in 2008 supplied the data for the article where trade data
were generated for the whole year though the stock may have entered the TSM list in
December.

I will post the statistics for 2008 (chart I above: distribution of weeks on TSM lists).
There were 718 stocks that made the TSM list during 2008, and the average time
on the list was 7.2 weeks. Only 22.84% (164 stocks) made the list just once while 25 stayed on
the list for 26 weeks or more.

Ric Miller, Ph.D.
6-Sigma, Master Black Belt