No. of Recommendations: 9
I am of the opinion that the Safety_Bounce screen is pretty much useless,
since it has done so very badly since it was invented.
It was my idea, so apologies all around.

But, once upon a time I tried an analogous scheme on a single stock.
Specifically, I tested the idea of holding Microsoft (which is safe but
has gone net nowhere for a long time) only if it has been within 11.5%
of its 52-week low some time in the last 25 trading days.
Here is the old post, from Feb 2005, 3.4 years ago.
http://boards.fool.com/Message.asp?mid=22058420

How has that worked since then?
Amazingly well.

The signal has been long 56% of the time since then, with 3.2 signal changes per year.
Buy and hold total return: 1.2% CAGR
CAGR of MSFT while signal bullish: +24.8%
CAGR of MSFT while signal bearish: -22.7%

I'm not sure this should work so well. It kind of creeps me out.
But, make of it what you will. Buy value on dips.

Jim
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