Subject: Re: A mechanical strategy
And hence - its conceptually flawed - you don't even need to test it against B&H

Heh. Well, I did test it against B&H, and wow! was it ever so much worse.

Reminds me of a couple of things I grabbed and put in my quotes file.

'Far more money has been lost by investors preparing for corrections, or trying to anticipate corrections, than has been lost in corrections themselves.' ' Peter Lynch

"More Money Has Been Lost Avoiding Risk Than at the Point of a Gun"

"Until you realize taking a beating is a normal part of long-term investing, you'll hurt the overall performance of your portfolio."