I bought Proshares Ultra QQQ. You know, the ones that provide double the exposure to the Nasdaq 100. Holy crap!
There is usually some backtesting to my moves in the market and this purchase is based on my timer that went long yesterday. Had I used my timer to move between QLD and QID (Proshares Ultra Short QQQ) starting on August 02, 2006, I'd be up by almost 77% by now - that's a compound annual growth rate of 40.7%. Sweet.
Remember the almighty caveat though - past performance is no guarantee of future performance!
| Timer | Signal | Bull | Gain / Loss | Bear | Gain / Loss | |
| Date | (QLD) | (QID) | Value | |||
| 100,000 | ||||||
| 8/2/2006 | Long | 63.55 | 24.4% | 124,359 | ||
| 3/1/2007 | Short | 79.03 | 55.95 | -6.1% | 116,735 | |
| 3/21/2007 | Long | 84.10 | 18.2% | 52.52 | 137,944 | |
| 7/26/2007 | Short | 99.38 | 43.69 | -2.0% | 135,198 | |
| 9/5/2007 | Long | 99.57 | 15.8% | 42.82 | 156,556 | |
| 11/7/2007 | Short | 115.30 | 37.93 | 35.9% | 212,731 | |
| 2/25/2008 | Long | 70.59 | -3.1% | 51.54 | 206,071 | |
| 3/4/2008 | Short | 68.38 | 53.06 | -14.3% | 176,632 | |
| 4/1/2008 | Long | 76.28 | 45.48 | |||
| CAGR= | 40.7% |
No comments:
Post a Comment