Burlington, VT (March 8, 1999) -- Since last Friday was the first Friday of the month, this week I bring you the updates of the monthly traded Workshop models. Again the Relative Strength-Investor's Business Daily method beat out the Unemotional Growth, so I'll update that one first.
The stocks for this model are picked like this: Starting with the 100 stocks ranked #1 for "Timeliness" in the ValueLine Investment Survey, list in decreasing order by their Investor's Business Daily "Relative Strength" score. Buy the top 5 or 10 stocks, update once per month. This screen hasn't been backtested more than a few years, but for that short time it's been a Workshop chart topper.
Here are last month's stocks as listed in my 02/08/99 Report, listed with their performances on the month through last Friday:
That brings the 1999 performance of this hypothetical monthly traded screen up to 25.66% for the 5-stock port and 16.41% for the 10-stock version. Some real hot ones here, folks!
The "relative strength" of the 12 inches of fresh powder that fell on northern Vermont on Sunday drew me away from my keyboard, so today's update is brief and to the point. Here's the RS-IBD stock list for the month of March, according to the most recent Workshop Rankings:
