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Title: Terrible in Bear Markets
Review: I was curious as to why Mr. Fabian ended his backtesting in the late 90's a couple years before the book was published. Being a computer programmer I then ran the backtest for those years against the S&P500 index. Results: Portfolio Disaster. Any money you would have made in the up market you would have lost in the Bear. In short, it appears that his system is deeply flawed. He doesn't show those poor results and to me that is very serious. He claims to move money around to various mutual funds to improve his personal results but obviously you and I can't test that and I doubt it works. Use at your own risk.
