Vitas, Good Question, as Usual.
To understand my view of the issue, this post may be helpful:
Message 12257845
The project started almost four years ago as a project, simply designed, to create strategies that would beat the SnP, something that 88% of the mutual funds could not accomplish. Some of the other strategies I call: The DJIA Dividend Yield Plan 11-15, Return on Equity, and Buy and Hold with A Twist.
The Big Boyz evolved from this research. A year and a half ago, I selected those companies that were a member of the DJIA or had a market cap of more than $40. This past June, I raised the market cap threshold to $50B, but kept the fallen angels, such as ALL. To get a feel for some of the data elements I maintain, consider the following post and the other three parts that follow:
Message 11050541
While I haven't specifically checked, I'm sure that some of the smaller cap DJIA stocks are not in the OEX. I use the OEX as a gauge of the current market TA, but, at the mid-Oct turn, I will be the first to concede that the SnP did a better job. Conclusion: Adapt!
Hope this helps. Thanks again, as I've come to really appreciate your views.
Berney |
