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.
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2 comments:
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!
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).
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