Not off to the best start, but click here for a free trial and we’ll see if John Ehlers turns things around. – Ilene
Signals generated at end-of-day 7/2/2010 for the open on Tuesday, July 06, 2010
- No long entry signals today
- No long exit signals today
- No short entry signals today
- No short exit (cover) signals today
Open trade summary:
- Long FRX since 6/29/2010, profit: $ -199
- Long ANEN since 6/29/2010, profit: $ -252
- Long TAP since 6/23/2010, profit: $ -420
- Long WPZ since 6/21/2010, profit: $ -449
End of report for Friday, July 02, 2010
About the MESA-Sabrient Trading Alerts (RS2):
We call it RS2– rocket science squared — because it is the collaboration of two bona fide rocket-scientists.
John saw the outstanding buy-and-hold performance of Sabrient’s fundamentally ranked equities (the source of the Watch List) and thought he could improve upon their buy-and-hold performance with his technical timing system.
And he did. From September 1 through December 31, 2009, the trades were a backtest, but from January 1 through May 7, the trades were in real time, with John forwarding the trades to us each day as he made them.
Take a look at the combined results:
September 1, 2009 through May 7, 2010 | |
Profit Factor | 2.94 |
% Wins | 67% |
Avg Trade Size | $10,000 |
Avg Profit ($) | $249.84 |
Avg Profit (%) | 2.50% |
Avg Time (days) | 13 |
Click here for the detailed trading history.
With John Ehlers’ technical overlay on Sabrient’s fundamentally-ranked equities, the MESA-Sabrient Trading Alerts combine both fundamental and technical analysis to provide high-probability trading candidates with precise entry and exit trading signals. The alerts employ MESA Software’s algorithmic system for trading the stocks in the Sabrient Outlook Rankings. The Outlook Rankings reflect each stock’s relative probability of short-term upside or downside based on Sabrient’s proprietary quantitative fundamental analysis. MESA Software produces entry and exit signals for individual stocks from the Sabrient rankings.
- All entry and exit signals are intended to be taken at the next market open.
- Long signals are generated from the top quartile of the Sabrient Outlook Rankings and short signals are generated from the bottom quartile.
- Exit signals are also specified for both long and short trades.
- MESA-Sabrient produces end-of-day trading signals after each market day’s closing bell for execution at the next market open.
- There are typically open trades of only a few to a dozen or more at any given time, depending on market conditions.
- The ratio of long trades to short trades, historically, has been about 10:1.
- Hold times are typically less than one month.