Sorry guys, that was not at all how it was typed up originally. It was great, you should have seen it. Funny replies though. I will try to recap. I don't feel like retyping the whole thing right now....
Basically you have certain %'s spread over the different sectors of the market (Small cap value, small cap growth, mid cap value, mid cap growth, large cap, etc...) As the market sectors rotate, you are rebalancing your positions at set time frames (qtrly, semi, annually, etc). When your small cap does well you are selling it and buying your poorest performer. Knowing that the poor sector will eventually be a leader in some future year.
We used some software (Weisenberger software) to back test it and it did very well compared to the S&P. I would like to test it again if I can find software that does this. The theory sounds good, but I have no idea what software I could use to test it. Any thoughts on software or strategy?