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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 203.14-0.8%Jan 9 9:30 AM EST

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To: niceguy767 who wrote (16997)11/1/2000 1:12:33 AM
From: PetzRead Replies (4) of 275872
 
niceguy, another startling automatic trading program is to buy at the end of the month and sell a few days later. I used to get a weekly newletter called Stock Market Logic, which I assume is now defunct. Anyway, Norm Fosbach, the publisher had a simple set of rules based on fifty years of market history, for buying an S&P futures contract on something like the next to last day of the month and selling it a few days later.

Despite only being in the market 1/6 the time, the return on this strategy (including commissions when they were a LOT higher than now!) exceeded the SPX even if you didn't use margin at all.

Anybody else remember this, or know if Norm is still around?

Petz
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