The goal of the buy disciplines is to define the relatively optimal space to initiate the equity holding period (6-36 months). This space is defined by the following:
- Weekly Environment - Market/stock environment descriptors affirm/filter buy and sell disciplines
- Trend Measure - There is a relatively optimal range of trend to buy a stock
- Volatility Measures - High volatility measures negatively impact portfolio returns
- Time Measures - There is a relatively optimal range of time to buy a stock
- Daily Pattern Recognition
These stocks have a better probability of achieving a trend that is both persistent and self-reinforcing.
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