NDXtrends

No more answers from Melinda using ULTRA website or email inquiries. L.A. Chapter of AAII has apparently discontinued a subgroup using ULTRA software and canceled the link to ultrafs.com. Seems ominous to me after they apparently made such an effort to develop composite systems and invite Steve to share v. 11 developments. No answer has been received from my inquiry to the Chapter President. I manually updated NDX data into January 2014 and found it useful and workable. A new file for 2014 data was automatically created. ULTRA 10.32 for 64 bit computers and earlier versions provide directions for anyone to access and use Yahoo data files within ULTRA. Best wishes, Steve, wherever you are. ULTRA helped me test my systems and helped clients evaluate them. It was a MUST HAVE testing tool for discovering performance of any system for which the seller dared to provided buy and sell signal dates. It revealed that most systems being sold are useless because the performance came at the price of huge drawdowns in portfolio value and losses so large as to be unacceptable.

"Melinda" answered correspondence to emails with ULTRA in the subject line. I will try using my email program to do that again -- my email using the website having failed to elicit a timely response. If I decide to offer my MNDX system as a public service or to trade with people like you, I guess I will end up doing the labor intensive task of entering NDX (only) data on a day by day basis. I suppose I could also offer that as a public service if the data update file can be copied and pasted into the Ultra folder. I wonder if it will create a new file for 2014 automatically.

Since Steve's website remains unchanged and his v. 11 of ULTRA has been postponed for years, I assume he was unable to accomplish his objective -- possibly for health reasons that prevent him from meeting obligations to provide data and version updates. However, you would think he could at least have someone take his website down with an announcement and apology. I strongly doubt there is anything remote to an intentional scam. Steve may simply be the victim of his own unrealistic expectations -- especially due to the SEVERE completion from big outfits, free brokerage software and limited software programming skill. Besides, I could never find one of his systems or composite systems that backtested as well as the one I offered subscribers to my defunct business. After data failed to download three times in 2012-13, I emailed Steve and someone fixed the problem that couldn't be fixed by following his directions. On the fourth failure this Summer, I gave up asking because I no longer need the data to backtest my system for subscribers and find little or no value in his systems. (He wrote to tell me he had to keep his poor systems in the software because some people might be using them. I offered to sell him my system but he declined, telling me that "all systems fail." I beg to disagree, using a few of the best intermediate term price trend systems since 1976 having proven to beat the market averages very well in any given five year period.)