Really missing the plethora of conversations that used to populate this board; it’s too bad the Fool inadvertently “improved it” to the point few people are using it now, for whatever reason - even assuming good intentions.
In the interest of having something going on here (and of obtaining a couple of clarifications), I have a couple rather basic questions that one of you may be able to help with:
A) Will the Curated Screens postings be continuing?
B) How would you explain the DBE99 portion of the BCC; what does DBE actually stand for?
C) My memory is that the Liquid_Cons screen had both a 10% & a SMA(50) stop-loss elements. Was the SMA(50) also intended to skip purchasing a pick as well as to get out of one already held?
I may be misremembering or my notes may be faulty…
Mungofitch observed long ago that a bear market was unlikely to start just after a new high – the animal spirits, bullish enthusiasm was too high.
His backtesting found that over the decades the optimal period to wait before exiting the market after a high was 99 trading days. Exiting sooner resulted in too many whipsaw losses; waiting just under five months still saved you the worst of extended bear markets.
This linked chart shows new 99-day highs and when they expire:
