Below is a link to an updated spreadsheet that is the actual paper trades of Xyber9 (formerly known as Gravitas) market timing. As of Saturday, August 11, 2007, the account has appreciated $72,682 from a starting balance of $102,415 on May 31, 2007.
This amounts to return of 71% in about 10 weeks. At 7.1% per week, this works out to an annual return rate of 370%. Of the ten closed market timing signals, seven were profitable and three were net losers. This is totally consistent with my own back-testing, going back about 16 months, where I determined 75% accuracy in the forecasted direction of these short-term signals.
In my years of stock market trading, I've seen market timing systems come and go. Some hit hot streaks and look good for a short while, then fall about taking your investment dollars with them. Others appeal to the intellectual crowd because their inflated egos demand some rational order to the universe that only they and their self-defined smarts can recognize. These too always result in financial devastation to the unsuspecting, naive and easily infatuated gamblers among us.
But I have never seen a market forecast model perform as consistently and accurately as Xyber9. One out of four of these forecasts are going to fail. Three out of four will be profitable. Can you make money with those kinds of odds? If not, get out of the game....NOW.....before you have nothing left, except blame and regret.
For the rest of us, Xyber9 is Long for the coming week.
Xyber9 Trade Report