Subject: Re: Dash for Trash
I generated this simple P123 screen to test the article's thesis:

P123 Stock Universe: S&P500

Close(0,30821) > 1.35 * Close(60,30821) //Brent Crude Price Spiking
Sector=CYCLICALS Or Sector=ENERGY Or Sector=HEALTHCARE

Using P123's Classic Quality ranking system to select the top 6 stocks. A 5-year weekly rolling backtest with stocks held for 6 months did not beat the S&P500. During down markets it did perform better than the S&P but it still lost money.

NOTE: 30821 is the Stock ID for Proshares Ultra Bloomberg Crude Oil. I needed something to emulated the daily crude price movement that P123 would recognize.

Taz