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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: ajtj99 who wrote (48022)	4/6/2002 10:22:07 PM
From: ajtj99	Respond to of 99280

Furthermore, that logic is totally flawed. They tracked 1-year returns over a 15-year period and found less than 3% appreciated greater than 50% over the course of a year after dropping into single digits. Why should I be surprised at this? How many stocks appreciate 50% after hitting an arbitrary number? I'd be willing to be you'd get similar results with stocks that dropped below $80 and the odds of them hitting $120 within 1-year.