Proof.... one of many, [that have served me well, using the "contrarian" methodology.]
On May 24 1999, one of the Wall Street Hens, issued a sale recommendation on specific banks and brokers.... on that very same day, I created a fictitious portfolio, EXACTLY with the recommended stocks to go short.
After 8 weeks.... here is the result:
techstocks.com
That portfolio has GAINED $97,470.57 or 9.71 % (on an invested capital of a little over $1'000,000.00)...
Understand that the original intent of the portfolio based on the above recommendation, was to go SHORT, therefore, the above gain would have been a LOSS for whoever followed the advice of the HEN who issued the "recommendation".
Cluck, cluck, cluck..... Brooding Hens... Cluck, cluck, cluck...
Good Night... going to bed... leave you all , to your 000000000* posting.
[*] Circular.... |
