by Monty Pelerin
Monty Pelerin’s World
Some readers may remember the phrase –“Trading to Armageddon.” Trading to Armageddon described a simple momentum-based ETF selection strategy focused on short-term performance in dangerous markets. The system was profitable and generally outperformed the S&P 500. It was two years ago. Then it was judged the returns were not commensurate with the risks associated with a possible market crash.
It was stated at the time:
I am increasingly uncomfortable providing a service which, at least for the time being, no longer provides value for subscribers. Therefore, I am discontinuing the Preferred Membership.