Hi! I want to use this thread to explore the utility of randomness in selecting stocks. Why do it in a public place? To force a certain discipline on techniques and reporting of results. Please don't post specific stock-picks. Discussion is welcome and encouraged.
  Method #1:
  The first method to be explored is very simple; any time the Advance/Decline ratio of the NYSE is greater than 1.33 three companies from the DJIA will be randomly selected. This will take place at 1/2 hour after the NYSE opens. The selected stocks will be sold at 45 minutes before the market closes. The purchase will be of 100 shares at the ask, and the sale will be 100 shares at the bid. |