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Strategies & Market Trends : Movers of the SPX

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To: fut_trade who wrote (7)	3/6/2000 8:00:00 PM
From: fut_trade	Read Replies (1) of 20

Cancel ADBE long. Error in scan. Price is more than 15% below 52-week high. In the present strategy, a minimum of eight stocks are held in the long and short portfolios. New stocks are added as they enter the top eight positions of the scan. Old stocks are deleted when they leave the top 15 positions of the scan. Thus the long and short portfolios need not be balanced, and hopefully the present strategy will favor longs in up markets and shorts in down markets.

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