| The Peerless Buy and Sell Signals
Improve upon Buying and Holding by Different Amounts Depending on The Industry. We see this when we ask how much Peerless improved upon an investor's profits when using a buy and hold strategy. Teechnology, Electronics, Computers, Dev. Communications and Tele-Communications should definitely be traded using the major Peerless Buy and Sell signals. However, the average annual gain is improved by Peerless by more than 11.6% for most funds. On the other hand, the data suggest that Energy, Gold, Natural Gas, Medical Delivery, Insurance and Agruculture move too independently to be traded using the Peerless signals. Below is the key table showing this for the Fidelity Select funds from 2000-2004... See full study. See earlier Study from 1990s'. Fidelity Fund Annual Percent Gain Difference between Using Peerless Reversing Major Buys and Sells and Just Buying and Holding Specified Fund for period 2000-2004 ========== =================================== Technology +42.18% Electronics +37.53% Computers +36.14% Dev. Comm. +35.94% Tele-Communications +32.97% Leisure/Entertain. +21.99% Retailing +19.01% Utility Growth +17.34% Construction & Housing +15.54% Air Transport +15.52% Consumer +15.05% Automotive +15.02% Multimedia +14.59% Small Caps. +14.00% All Funds +11.59% Biotech +10.47% Industrial Materials +8.18% Financial Servics +8.13% Energy Services +6.20% Regional Banks +5.73% Transportation +4.97% Defense/Aerospace +4.73% Savings & Loan +4.6% Environmental Serv. +3.62% Chemicals +3.52% Amer.Gold +3.43% Health Care +1.28% ................................ Insurance -0.42% Energy -0.77% Agriculture -1.53% Medical Delivery -17.17% Natural Gas -23.3% |