It's been a little more than five years since I started this profile. I think the basic idea is very strong: Buy companies when they are making a string of new 52 week lows and then sell as they make a string of new 52 week highs. [more]
After a long period with few stocks on it, the list I use had 162 on it today. One change I'm going to make for this cycle is to wait a bit longer after a company hits that before I add it to this portfolio. Experience with the last two cycles is that a company will often continue to make new 52 week lows for a while once it starts.
So this portfolio has been pretty dormant, as there haven't been many 52 week lows for a couple of years now. But a bunch just popped up. I'm going to change the selection criteria for this portfolio a bit and I will publish them here when I get them worked out.
Not many things hitting 52 week lows since March '09. I'm expecting business here to pick up the next time we have a big correction. I'm not predicting, but one will happen sooner or later.
This portfolio is still active, but it has been a long while since I saw much hitting 52 week lows that was actually worth much. I will keep checking and there will be a major downturn sooner or later. (That's one of the certain to be true, but actually kinda useless prognostications isn't it?) When that happens I will load this portfolio up with new picks.