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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?


To: rick strome who wrote (183)3/27/1998 6:19:00 PM
From: James Strauss  Read Replies (1) | Respond to of 13094
 
Rick:

Thanks for your suggestion...

The 13's will not be a static portfolio... Each weekend the list will be pruned to only keep the best momentum stocks...

Anyone wishing to present some tracking statistics is welcome to do it... After tonight's scan we'll have over 40 stocks prior to the weekend pruning... After a few weeks it would become unwieldy to try and track over 100 stocks...

The Rolling portfolio approach should never have us looking at more than 40-45 stocks in any given week... After the first few weeks the real thoroughbreds should remain in the portfolio... They should be the intermediate term winners...

Jim