Friday, November 30, 2007

Newsletters made handsome profits from NovaStar Financial - MarketWatch

I'll post more seriously on this later, but figured you might be interested in looking at it now.

Newsletters made handsome profits from NovaStar Financial - MarketWatch:
"Numerous academic studies have shown that momentum strategies work. For example, you could have made 10% per year, on average, by pursuing a mechanical strategy that did nothing other than buy the 10% of stocks with the best performances over the preceding 12 months, while simultaneously shorting the 10% with the worst performances."

No comments: