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Strategies & Market Trends : TA Science Projects & Experimental Indicators
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To: HeyRainier who wrote (107)5/25/1998 11:06:00 PM
From: ftth  Read Replies (1) of 237
 
[TA QUOTE OF THE DAY]
A stock with a positive alpha theoretical is outperforming the market based on its own merits and hopefully will continue to do so. A stock with a negative alpha would be a stock to avoid because it is underperforming the market based on its own merits. We've tested everything imaginable, and nothing we've looked at has been better than screening based on alpha.

--Louis Navellier
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