Subject: Re: cash-roe screen Mungofitch
But I have to ask myself if it's been a fabulous screen, or has it been lucky to hitch a ride on one of the greatest bubbles in modern history.
The latter.
SPY, VONG, QQQ, etc. all have approximately the same 8-10 stocks.
I recently did a deep look at my accounts and found that close to 25%-30% is in these stocks.
Good reason to watch closely for a solid confirmation of a bear market. Note: bear, not the pullbacks.