Subject: Re: O.T. For Those with Momentum Screens
I had the impression from recently reading most of Zee's posts
Correct, Zee's approach has evolved into a more complex, deeper set of rules in layers. Including macro factors such as Fed cycles' impact on breadth & market direction, seasonal historical data (despite strident criticism back in the day). As well, the influence of identifying bear markets or bull markets and key transition points with bottom-finding and top-finding tools. The effectiveness of finding individual stocks using fundamental or technical factors is overwhelmed by general market directionals.
To clarify, I meant that "valuations, fundamentals...don't matter" to those who purely following mechanical indicators, a narrower statement.
FC