Pulling the trigger(s) revisited

Posted by on Jun 17, 2012 in ArbMaker News! | No Comments

In January we published an article that used China Petroleum & Chemical Corporation, aka Sinopec, (SNP) and PetroChina Company Limited (PTR) as a case study. That pair has evolved like this:

It continues to be profitable. The back test below used the ‘Z range & direction” strategy that can be downloaded from the Take the Trial page in the ‘Sample Strategies file:

Finally, to update the figures in that January article, the last recorded trade went like this:

Sell SNP @ $101.99 on 29 November. Closed 26 April @ $105.14

Buy PTR @ $123.79 on 29 November. Closed 26 April @ $148.47

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