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Why havent you tested this belief?

I would be interested to see some results on this.

I believe -- and I could be wrong, that a breakout entry and a nice exit will outperform a random entry with the sane exit. Maybe not significantly -- But I would be very suprised to see a significant outperformance by the random system.

There is a strong tendancy towards mean reversion after the breakout I agree -- BUT this only occurs in the very short term (i have tested this).

If your stop/exit is wide enough to allow for this, and your average trade holding time (trade length is defined primarily by the exit) is several weeks,  then the breakout system will outperform I would think.

Yes I agree. Doesn't mean a random entry would outperform it though.