Track Record
Entire History

Summary of Performance (Includes Back-Testing, Live Testing and Period Since Launch)
January 1, 1998 to October 18, 2011 (13.80 years)
| CSA Market Timing Indicator Performance (Annualized) |
22.11% |
| Performance of 100% Long S&P 500 Portfolio (Annualized) |
1.71% |
| Outperformance (Annualized) |
2040 bps |
| Cumulative Value of $100,000 invested using CSA Indicator |
$1,573,059 |
| Cumulative Value of $100,000 invested in S&P 500 |
$126,272 |
| Excess Return over S&P 500 using CSA Indicator |
$1,446,787 |
| % of Signals where CSA Indicator Outperformed the S&P 500 |
60.0% |
| % of Signals where CSA Indicator Performed the Same as S&P 500 |
15.0% |
| % of Signals where CSA Indicator Underperformed the S&P 500 |
25.0% |
| Average Equity Position During Period |
47.6% |
All portfolio returns above are stated without dividends
Three Year Rolling Returns (Annualized)
January 1, 1998 to December 31, 2009
| Year |
CSA Indicator |
S&P 500 |
Outperformance by CSA Indicator |
| 1998-2000 |
21.23% |
10.81% |
1043 bps |
| 1999-2001 |
20.33% |
-2.25% |
2258 bps |
| 2000-2002 |
25.05% |
-15.71% |
4076 bps |
| 2001-2003 |
30.03% |
-5.56% |
3559 bps |
| 2002-2004 |
30.03% |
1.82% |
2821 bps |
| 2003-2005 |
27.29% |
12.37% |
1492 bps |
| 2004-2006 |
12.88% |
8.45% |
443 bps |
| 2005-2007 |
7.99% |
6.61% |
139 bps |
| 2006-2008 |
4.03% |
-10.05% |
1408 bps |
| 2007-2009 |
35.90% |
-7.52% |
4342 bps |
A summary of all trades during the test period is provided in PDF format (click here). Trades triggered since the launch of the subscription service are available to clients only.
Since Public Launch

Summary of Performance Since Launch
January 16, 2009 to October 18, 2011 (2.75 years)
| CSA Market Timing Indicator Performance (Annualized) |
36.58% |
| Performance of 100% Long S&P 500 Portfolio (Annualized) |
14.21% |
| Outperformance (Annualized) |
2237 bps |
| Cumulative Value of $100,000 invested using CSA Indicator |
$235,777 |
| Cumulative Value of $100,000 invested in S&P 500 |
$144,142 |
| Excess Return over S&P 500 using CSA Indicator |
$91,635 |
| % of Signals where CSA Indicator Outperformed the S&P 500 |
56.0% |
| % of Signals where CSA Indicator Performed the Same as S&P 500 |
24.0% |
| % of Signals where CSA Indicator Underperformed the S&P 500 |
20.0% |
| Average Equity Position During Period |
122.6% |
All portfolio returns above are stated without dividends
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