Around 5 months back I made the post about IBD 200. It is time to revisit some of it and look at it in details. Over the course of last 5 months, many people have tried it and some have perfected some modifications to it.I have exchanged 100's of email with some people who have perfected it and studied their success. Obviously I am not going to give away their secrets. Without giving away the exact details of what those modifications are and their exact scans, I will talk about general concepts with their permission in a series of posts.
The idea behind the post is to again get back to the theme of how methods are important and if you apply methodical thinking you can take a core idea and improve on it. Plus to show simple things work, if you put efforts to make them work, rather than flirting from one idea to another.
To start with lets look at IBD 200 from a period of 120 to 90 days ago when the original post was made.
Here are the top 20 by % change.
Here are the bottom 20 by % change.
And here are the top 3 performers with 4% breakout marked in yellow. Red pentagon marker indicates date of entry in IBD 200.
And the bottom 2. (The GEF-B is not really indicative of drop as it has to do with dividends.)
Remember the IBD list in above is only sample for around a 4 weeks. In the meanwhile there have been many more lists and many stocks out of them have gone on to make 50% plus moves after entering the list.