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Strategies & Market Trends : TA-Quotes Plus

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To: Howard R. Hansen who wrote (4944)6/26/1998 4:37:00 PM
From: Richard Estes  Read Replies (1) of 11149
 
I think most of us agree that a stock with increasing earnings and has shown Price strength in the past offers a better long term investment than one that has bad earnings growth. But If you suggest that you can use any funnymental measure to time a entry or an exit, sure would like to see that study. Can I buy any stock that has a PSR between 1.25 and 2.20 today and expect 73% of them will increase on an average of 29.1 %?

Say your PSR, did it have to have it only on the arbitrary day you buy, or does it have to maintain it or better? What was max drawdowns? What happened to the other 30-40% that lost money? Is the system that you buy on first trading day of year and sell on last? Were there any other filters applied to population? were zack's stocks filtered?

Have you ever looked at how stocks whose symbols start with a "Z" perform. I did a quick study years ago, with great results. But that could change depending on where we are in market cycle. This is the Bull of all times.

BTW: what was your momentum measure? would like to reproduce the test. We should move this discussion to TA-beginners topic.
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