Blog reader, Matthew Brooks, writes:
By the way, relative strength is a great strategy for selecting stocks in Australia also. I just published a book that looked at the stock market strategies that work in Australia.
http://www.thesuperinvestor.com.au/order_book.php
It’s a bit like What Works On Wall Street … but for stocks listed on the ASX. Relative Strength was the single best criteria in Australia. Thought you might be interested as the Bibliographies on some of your reports read like a list of my favourite books.
Looks like an interesting book. It is not surprising to see that relative strength works all over the world, given the fact that RS capitalizes on trends, and trends certainly aren’t confined to the U.S.
