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1932, compute the average excess return of each stock as the average of the residual returns over the past 36 months (3) Define a winner portfolio as the (top 35,top 50,top 10) of stocks by average excess return.
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Min, I check the markets two or three times a day and look for obvious signals, primarily on the daily and 4 hour charts, and if nothing meets my criteria for a trade setup, I dont trade…I go do something else instead.
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