%% IBD+ CANSLIM founder said'' i dont know why any would would trade[invest] in ETFs, i can make more trading stocks'' [BUT he was unusual good/talented, NYSE seat, Newspaper Founder, fund manager, +several more companies.................................................]He did give me 2 free books /one for 6 month IBD subscription, so i have a good bias. WELL i use canslim for ETFs + have lost less, so i make more. Another reason\ its difficult to back test/IBD 50 changes the 50 stocks so much. ACTUALLY i still like to study his single stockcharts; ETFs [leveraged or cash]seldom surprise the % of single stocks,up or down. CAN SLIM does explain a lot about markets.,
%% EXACLY; i still name it IBD, also, its actually weekly. I love the way he/they still stick a 50dma or sometimes 200 day moving average on his charts.........................................................................................................