Good morning, Alex and Kerry,

I have enjoyed seeing the equity curves published as I looked at them in a slightly different view than the quarterly competition. With the quarterly competition, one can become a little more reckless or conservative the last few weeks of the quarter, depending on where one is in the standings. The equity curves, though, show whether one or two huge gains or slow and steady gains have them at the top of the “rolling quarter” standings.

Since one is not competing for prizes with this, I have used the curves to pay particular attention to those Spikers who have had consistent winners, limited losses, etc. The curve shape, unless I’m misreading something, tells me something about the targets, risks, that the trader has taken to achieve their performance. Does that fit my trading style? Should I follow their picks closely or look for someone with whom I’m more comfortable? I realize more bookkeeping to do the equity curves for you folks but if possible to keep it as a regular, even if not weekly, feature, I’d vote for that and use it.

This is going to be difficult to appear as an “unbiased” comment on the equity curves since I’m lucky enough to be there but “scout’s honor”, I had begun to use them. Thanks, as always, and hope you all had time to enjoy the long holiday weekend.

john t