Investing in stocks involves a huge number of variables, so many, in fact, that the whole system simply defies complete analysis. Think about it. Even the most sophisticated organizations (mutual fund houses and hedge funds), with battalions of analysts and rooms full of computers, can’t get the business of making money by investing in stocks down to a science. That’s why most stock investment strategies are exercises in simplifying, seeking to gain an edge on the market by reducing decisions on buying and selling to a manageable system. And the essence of most systems is that there are only...
