AI
Sunday, September 09, 2012 9:28:09 PM
Hi Adam, thanks for the clarification. What you said makes sense.
Crunched some numbers and looked at historical prices. Using Suggested Action mentioned in your post, initial buy price in the ocroft Method was calculated as follows: Share Price = Portfolio Control / (0.9 x # of shares)
With the 2-year backtest that was done in AI, the AIM account started at $5.14 on Sep. 8, 2010 (Note: Looking at the chart below, most Aimers probably wouldn't have started an AIM account on Sep. 8, 2010 because the share price was above the 26-week MA).
The ocroft Method would have started at $2.70 during the week ending July 15, 2011.
It was an interesting exercise.
Thanks for your input.
Jack
Crunched some numbers and looked at historical prices. Using Suggested Action mentioned in your post, initial buy price in the ocroft Method was calculated as follows: Share Price = Portfolio Control / (0.9 x # of shares)
With the 2-year backtest that was done in AI, the AIM account started at $5.14 on Sep. 8, 2010 (Note: Looking at the chart below, most Aimers probably wouldn't have started an AIM account on Sep. 8, 2010 because the share price was above the 26-week MA).
The ocroft Method would have started at $2.70 during the week ending July 15, 2011.
It was an interesting exercise.
Thanks for your input.
Jack
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