No. of Recommendations: 3
BTW, I didn't see anybody screaming bloody murder about the volatility in NEWP last month : Þ We only complain and question when the volatility is *down*. When a stock like NEWP spikes 50%, nobody asks too many questions. We're too busy bragging to our friends or heading out to a nice restaurant to celebrate our good fortune. I will confess to doing a bit of both. Human nature, I guess.

I couldnt agree more!! My belief is that despite how many logical arguments that are made for a stocks sudden short term move, we really dont know why it did what it did. Similarly, when we rebalance our ports we dont know ahead of time which stocks will rise and which will fall. All we do know is that IN THE LONG RUN the selections of a robust screen should perform similarly to its backtest. Fortunatly thats enough to build a fortune.

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