IBD 100 Weekly List

Quote from spreadem:

Has anybody done a study on shorting the top ten stocks on the IBD 100. It seems to me that when a stock makes it to the top ten spot ... its a contrary indicator.

I did it with bidu, rimm, pcln and pot.
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I noticed this as well. Is IBD slipping?

I've paper traded the top 100 before, and wasn't at all exited with the results.

I'd like to keep confidence in IBD, but it's starting to fade somewhat.
 
Theres a little trick to the IBD 100 list. If the stocks on the IBD 100 are trading at or above their fair values then look to short them. If they are trading under their fair values, then buy them. Compare the fair values with the 52-week highs of the 100 list and you will start to notice a pattern. If you take the time to study what drives the entry into the list, you will make money. Earnings drives price appreciation. Concentrate on earnings and you will catch these runs before they hit the list.
 
IBD is top quality as far as financial news IMO. I think it depends on where we are in the bullish cycle. At the beginning stages of the new bullish cycle you can find some great stocks and ride them for a while. On the other hand at or near the end of the bullish cycle it isn't as effective.
 
1. You can get the IBD 100 for $1.50 on Sat and Sun in your area. Go to investors.com, look on left hand side, click on retail locations. Here's a link: http://www.ibdretail.com/


2. The IBD 100 isn't giving you stocks to invest in, it's giving you the strongest stocks. That's an important distinction. Read their writings carefully. Their only "buy" recommendations are the "squared" stocks in the IBD 100, which are normally only about 10 of the 100 stocks. Read their documents to figure it out.


3. They're great to learn from. Read their books - great stuff. And watch their web videos under "media" on their website. Learn their system and then follow their lead. When you do that, CANSLIM is a great method.
 
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