Sunday, August 24, 2008

Opportunity

According to one of the short-term indicators I follow, now might be an OK time to go long. Matching this strategy to a long-only screen strategy has worked well for me in the past. Of course there are no guarantees, but things are starting to look interesting.

2 comments:

Anonymous said...

Just curious why you quit tracking the Zweig/Zacks Rank 1 screen? The results look strong. Did it have a nasty drawdown in July?

Great blog by the way, thanks!

Scott said...

Randy,

Thanks for the compliment, and thanks for reading my dumb blog.

I quit tracking the Zacks/Zweig screening method because I got tired of paying the subscription to Zacks (which used to be free and then was a reasonable $10 a month).

I still like the concept and I encourage others to keep tabs on it to see if it remains viable (especially in this awful environment).