No. of Recommendations: 1
Allocate Smartly comment on SPY-COMP “Where it differs from those other strategies is that it considers a much broader array of economic indicators.”
Which probably are not necessary. Notwithstanding that they don't say what those indicators are.
The "out" signal gate is when ANY of the indicators turns down.
But two things.
If you are told once, you don't need to be told 3 or 4 or 6 times. One is enough.
The more indicators, the more likely it is that you will get more "out" signals. But most of the signals are false, so you will be getting out more often which means more whipsaws and more times out than optimal.
Actually, with 6 indicators out of many dozen possible, the risk is that the choice of the 6 was just curve-fitting.
But since SPY-COMP is a black box, we cannot evaluate it so we can't have any confidence on its correctness and robustness.
