Investing For Growth
Investing For Growth
|
|
||||||||
|
|
||||||||
|
||||||||
|
(FOOL GLOBAL WIRE) LEXINGTON, KY. (September 5): Another down day for the market and Investing For Growth as the short-term traders prepare for tomorrow's monthly employment report. Same song, next verse as fears of a too-strong economy potentially leading to a Fed interest rate hike dominate the short-term action.
As for company news today, nada, zilch, zippo! 3Com gave back its gains from yesterday's SoundView Financial upgrade, and Hewlett-Packard, Mirage Resorts, and Tellabs had weak sessions along with it. Not a very inspiring day. So flip the calendar page and move on.
In the ongoing projects at the IFG Worldwide Mechanical Research and Testing Laboratories, I have another year's worth of data for the Relative Strength variation of Investing For Growth.
As I mentioned yesterday, the RS variation seems to do somewhat better than the original version of the approach and a significant difference showed up in the 1993 numbers.
If you'll recall, in 1992 (a particularly bad year for the IFG method), the Classic approach gained 6.53% while the Relative Strength variation actually lost 5.32%. In 1993, however, the Relative Strength variation made up for it. While the Classic IFG approach gained 14.15% for the year, the RS approach gained 34.07%.
Even so, as I mentioned yesterday, neither approach fared as well during that short time span as my new growth model outlined in the Fribble called, are you ready for this, "A New Growth Model." (We're holding a contest in the IFG folder, incidentally, to come up with a good name for this model. A thousand and one acronyms are starting to get to me, so I'm looking for a one-word name that just sounds right, even if it's not completely descriptive. You know, something like the Bluegrass Approach.)
Anyway, I'm still plowing through numbers now for 1994 and will update you again when I have more results. In the meantime, read the fribble again and make sure you read the disclaimers carefully. Five years of data doesn't cover much ground, so treat the results appropriately, with hope tempered with caution.
Transmitted: 9/5/96 |
||||||||
INVESTING FOR GROWTH MODEL (9/5/96)
Day Week Quarter Year History
IFG -1.69% -1.13% -4.58% 2.15% 4056.07%
DJIA -0.88% -0.16% -0.84% 9.57% 576.48%
S&P 500 -0.94% -0.39% -3.16% 5.44% 509.69%
NASDAQ -1.59% -1.39% -5.01% 6.99% 660.48%
Bought # Stock In At Now Change
7/8/95 3866 TLAB 48.00 62.25 29.69%
7/5/96 5077 SCIS 39.88 46.00 15.36%
4/5/96 7695 CKP 26.75 28.75 7.48%
7/5/96 4153 PAYX 48.75 52.25 7.18%
7/5/96 4562 COMS 44.38 46.44 4.65%
7/5/96 6693 NRES 30.25 31.63 4.55%
7/5/96 8756 MIR 23.13 23.50 1.62%
7/5/96 4394 HWP 46.06 43.00 -6.65%
7/5/96 6402 BQR 31.63 29.00 -8.30%
4/5/96 10624 ROTC 19.38 15.13 -21.94%
Bought # Stock Cost Value Change
7/8/95 3866 TLAB $185,568.00 $240,658.50 $55,090.50
7/5/96 5077 SCIS $202,445.38 $233,542.00 $31,096.63
4/5/96 7695 CKP $205,841.25 $221,231.25 $15,390.00
7/5/96 4153 PAYX $202,458.75 $216,994.25 $14,535.50
7/5/96 4562 COMS $202,438.75 $211,847.88 $9,409.13
7/5/96 6693 NRES $202,463.25 $211,666.13 $9,202.88
7/5/96 8756 MIR $202,482.50 $205,766.00 $3,283.50
7/5/96 4394 HWP $202,398.63 $188,942.00 $(13,456.63)
7/5/96 6402 BQR $202,463.25 $185,658.00 $(16,805.25)
4/5/96 10624 ROTC $205,840.00 $160,688.00 $(45,152.00)
CASH $1,040.78
TOTAL $2,078,034.78
Transmitted: 9/5/96 5:27 PM (ifgnumbs)
|
||||||||
|
||||||||
|
All Rights Reserved. This material is for personal use only. Republication and redissemination, including posting to news groups, is expressly prohibited without the prior written consent of The Motley Fool, Inc. |
||||||||
