Goldilocks RIP

Again, it is time for Goldilocks to review her portfolio. This time around there is not a single ETF in her watch list with a relative strength above one. At the same time she takes account of her portfolio and notices that her equity has declined by more than 51%. She has to admit that the bear has won the game and resigns.

When I introduced Goldilocks in October of last year, I was convinced that I had something that would surely succeed in the market. Testing based on historic data showed stellar results. Back then I had no idea that we were staring a bear market down the throat.

But so it goes. It is better to fail during paper trading than in the reality of the markets, isn't it.