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Strategies & Market Trends : What Works on Wall Street (O'Shaugnessy)
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To: Mitchell Scott who wrote (62)12/27/1997 5:29:00 PM
From: Paul Senior   of 109
 
Mitchell Scott: Yes, still following. His method calls for rebalancing portfolio every year (at this time I believe). It will be interesting to see what his screens indicate for '98.
If you believe in the methodology, why would you want to add another factor? If you don't believe in the methodology, why would you pick US industrial outlook gov't numbers as a proxy for expected growth industries which in turn I assume is a proxy for growth stocks which in turn, leads to specific stocks which will go up in value. Lots of top down thinking and presumptions to drive to down to finally selecting a stock IMO. Too many presumptions. Paul Senior
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