Posted: Tue Sep 18, 2007 1:57 am
Actually, backtesting indicates you might be able to do rather better than that with a simple momentum strategy on a large basket of widely diversified ETFs if you look at total returns.
Emphasis on "might" and a caveat on the predictive power of backtesting even the simplest and most robust systems!
Emphasis on "might" and a caveat on the predictive power of backtesting even the simplest and most robust systems!