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I thought I'd run a quick little scan of the Top 5% of the stocks in my Relative Strength Database which just happen to be in the Top Groups. The groups are not from IBD, but I checked 10 of them and they have them in top groups too.
Well I'm glad to see RMI has finely mad one of your screens. I hope it shines tomorrow, sure would like to see another 45% then I could turn it loose in the GREEN ACRES port.
I thought it might be interesting to see how Fortune has done. Below, are the 7 stocks featured. Even though the article was written prior, I have listed the Closing price on Sept. 3rd-Closing price on Feb. 4th-Intraday high price during the period. The one's with an * reached their high on Feb. 4th.
4 up, 3 dn...and only BDY was down a significant amount. The overall average % gain if you bought one share of each was 14.5%
BDY 24.82-14.33-24.99
SYMC 24.35-23.43-34.05
ERTS 48.25-68.12-68.24*
THO 26.49-35.80-37.99
EAC 29.70-39.34-39.57*
FRX 42.80-41.50-49.10
PHM 59.86-70.72-70.85*
Compared to most of the major averages the list did well. During the same time frame the following indices were:
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