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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: hpeace who wrote (24755)	11/25/1997 5:05:00 PM
From: Vol	Read Replies (1) \| Respond to of 132070

MB and Co., I've got a question about a short term strategy that I heard about. It involves buying stocks just announced to be added to the S&P 500 and selling them at the end of the day they are added to the index. I believe a finance prof at Duke wrote a paper on this and that back tested returns were around 60% annually. However I can't find anymore info about this on the net. Does anyone know more about this strategy and where I could find info on it? Thanks, Vol