Update On the Oil Model

I thought given events in the middle east that this would be a prudent time to review our long term OIL model.   Note that the models I have developed here look for extreme moves and attempt to identify the inception of long term trends.  Therefor they are long term models ie you can be long for a long time or out of the market for a long time.   They in a sense ride the wave of the trend.   Note that the model exited the market near the prior peak in April 2008 and stayed out until April 2009 and is currently still long.   The result of this is that the model itself missed the downturn that occurred from the prior peak and re-entered the market once more as a new uptrend was being established that uptrend continues.  The idea of these models is to outperform the underlying ETF