Orders in for $DYAX, $NL, and $SBCF

Ok, I spent some time backtesting the strategy used to pick the above stocks for different accounts, starting funds, and commissions. With a limited amount of money, the strategy was 15% down over the last 52 weeks. My best scenario was using $20,000 with $2,000 buy-ins per stock. Worst case scenario was screening the S&P 500 for this strategy. Best case scenarios involved the Russell 2000. A lot more screening to do, but probably a little less risk of buying into a fully matured company that has resorted to shananigans to continue earnings growth.

The following test is for $700 in capital in a BuyAndHold IRA account ($2.99 commissions), with $200 buy-ins per stock that hits the buy signal. At the end of the test, the positions are liquidated:

Symbol	Date	Action	Quantity	Price	Profit-Loss	Profit-Loss %	Cumulative P&L
ARTC	1/2/2009	Buy	41	4.86	0	0	0
ACAD	1/2/2009	Buy	219	0.91	0	0	0
APP	1/2/2009	Buy	91	2.18	0	0	0
APP	2/11/2009	Sell	91	2.28	3.12	1.57	3.12
VPHM	2/11/2009	Buy	32	6.19	0	0	0
VPHM	4/7/2009	Sell	32	4.88	-47.9	-24.18	-47.9
CYTK	4/8/2009	Buy	121	1.65	0	0	0
ARTC	4/20/2009	Sell	41	10.7	233.46	117.16	233.46
RGLD	4/20/2009	Buy	5	35.77	0	0	0
MPG	4/21/2009	Buy	206	0.97	0	0	0
MPG	6/5/2009	Sell	206	1.12	24.92	12.47	24.92
ACAD	6/5/2009	Sell	219	2.49	340.04	170.63	340.04
CYTK	6/5/2009	Sell	121	2.95	151.32	75.79	151.32
RGLD	6/5/2009	Sell	5	44.91	39.72	22.21	39.72