Of Nearly 200 Active Managers, PsiTrade Is First, TimingEquity Second
TimerTrac.com, the leading third-party benchmarking service that objectively reports market timing performance based on daily market recommendations, announced today its top performers in shorting the CBOE NASDAQ 100 Index (NDX) for the first eight months (through August 31) of 2006.
Short Trades ONLY
Rank Name *Gain/loss
1 PsiTrade.com 12.51%
2 TimingEquity.com 11.13%
3 KT-Timing.com (QQQQ-a) 8.20%
4 TacticalTradingSignal.com (NASDAQ 100) 7.77%
5 FundBuster.com (F5NSF) 7.34%
Gain/loss calculation does not include long trades, which added significant
additional gains.
Topping TimerTrac.coms list of nearly 200 equity market timers sending daily recommendations for the NDX100 is PsiTrade, which through its shorting strategy alone beat the NDX100 by over 16 percent. The Index itself was down almost 4 percent for the period. Next is TimingEquity, which also beat the index by over 15 percent during the same period.
The buy-and-hold method of investing, as more and more people are realizing, will not help investors and those planning for retirement to preserve their capital, as has often been touted, said Bob Ripley, principal of PsiTrade Investor Services. Our clients have come to see the benefits of active money management in ways that have had a considerable impact on their portfolios.
We are pleased for these investment strategists success as we are to have them participate in TimerTrac.com, said Dave Garrett, principal at TimerTrac. Because of TimerTrac.coms flexibility, investors are able to view a variety of performances and their rankings based on these strategists daily recommendations in a way thats completely objective and reliable and, in this particular case, who the champions have been in shorting one of the most volatile of equity indexes. This study looked only at short trades while ignoring long trades, which in all cases added even greater gains. TimerTrac allows our subscribers to see which timers can make shorting work.
About TimerTrac.com
Salt Lake City-area TimerTrac.com provides performance rankings, charts, and market commentary of participating analysts and advisors daily market recommendations, both intra-day and at the markets close. TimerTrac.com subscribers are self-directed individual investors, financial planners, investment advisors, and academics in finance that study investment advisory performance against indexes, exchange-traded funds, and a select group of actively managed mutual funds. TimerTrac.com tabulates only actual real-time buy/sell indicators from investment advisors and market analysis commentators that communicate to TimerTrac.com via email, direct web-site entry, and other secure methods.
For more information (or to subscribe free to TimerTrac Broadcast, its market commentary) visit http://www.timertrac.com/.