tag:blogger.com,1999:blog-2676650858658561710.post3074490273192839631..comments2023-11-02T06:14:07.871-04:00Comments on Quantifiable Edges: After Down Fridays Over The Past Year...Rob Hannahttp://www.blogger.com/profile/07596674657839065754noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-2676650858658561710.post-54793086200904019422010-04-27T11:24:44.384-04:002010-04-27T11:24:44.384-04:00This is a late comment, but, in my view, measuring...This is a late comment, but, in my view, measuring down Fridays for the last 12 months is arbitrary. Why? Because you are combining both a Bear and a Bull market. <br /><br />The SPX crossed over it's 200 Day Moving Average in June, so I'll use that as a line of demarcation. The bear segment of your test, then, is from March 2009 to June 2009, and the Bull part is from June 2009 onward.<br /><br />We're in a Bull market now, so I measured down Fridays from Friday June 5, 2009 and here are the results a/o 4/27/2010:<br /><br />6 losers out of 19 trades=68% Profitable, and the method makes quite a bit of money.<br /><br />Then I every Friday from June 5, and here are those results:<br /><br />12 losers out of 44 trades=72% profitable, and it makes 169% more than the down Friday version, and it's more robust, meaning the seasonality is removed (except for limiting the measurement to a Bull market.)<br /><br />Then I measured buying Fridays, and selling at the close of Teusday and Wednesday. Each of these make progressively more money, but have a lower percentage success rate, and are subject to larger drawdowns.<br /><br />In summary, I contend buying every Friday at the close, and selling every Monday at the close is a pretty good way to go until the averages cross back down over the 200 Day Moving Average again, at which time it's probably time to start selling Friday closes, and buying Mondays.James Stollenwerckhttps://www.blogger.com/profile/00350748109107951365noreply@blogger.comtag:blogger.com,1999:blog-2676650858658561710.post-82038689873439867162010-03-22T13:59:31.252-04:002010-03-22T13:59:31.252-04:00When do you buy and when do you sell on a down Fri...When do you buy and when do you sell on a down Friday?Hans van der Helmhttps://www.blogger.com/profile/08162595630262272007noreply@blogger.comtag:blogger.com,1999:blog-2676650858658561710.post-18835818959219495362010-03-22T12:12:38.805-04:002010-03-22T12:12:38.805-04:00Good statistics.
But as an older trader, I cannot...Good statistics.<br /><br />But as an older trader, I cannot get Oct 19, 1987 out of my mind.<br /><br />RegardsMark Wolfingerhttps://www.blogger.com/profile/12697921015971018067noreply@blogger.com