Hi Dave,
PRNI, LAF and BSI don't qualify, do they? Not a 5 year high on PRNI and LAF, and BSI did not breakout on high enough volume. ORBKF also misses, but the new high to low ratio is only missed by a fraction (something I think would be a mistake not to overlook since it is the only monster growth stock I see on this weeks list).
As a general note, modifying the system is tailor made for disaster, IMHO. The whole point is to eliminate the most volatile component of investing... YOUR HEAD.
Certainly seems reasonable to stick with certain exchanges, price ranges, groups of stocks and avoiding new highs which are blowouts or extended from typical "CANLSIM" base formations, but to go beyond that is asking for trouble. That's my opinion. If you can't stick with a system, which few can, then the system is worthless. As soon as your head is in the game, forget it.
The fact of this thread is probably an indication that each of us has a difficult time accepting the hands off, no brainer requirements of this system.
Good luck. |
