Wednesday, February 17, 2010

PCLN

Priceline.com is a good example of how a Trend Model can be imperfect, but very profitable.  Below is the PCLN Weekly Trend Model with five signals.  To avoid entry/exit nuances, the following prices are from the OPEN on the Monday after the Weekly signals were generated.

Sell   7/7/08    @ 119.78
Buy  1/5/09    @   76.07
Sell 11/2/09    @ 157.51
Buy 11/16/09  @ 203.54
Sell  1/25/10   @  205.41
Current Price =   210.12

PCLN Weekly Trend Model


Trading the Vortex Indicator - Stand Alone

Sell 7/7/08 @ 106.30
Buy 1/12/09 @ 74.00
Current = 210.12

Using Vortex Indicator to Filter Trend Model Signals

You're kidding, right?