Trendfollower trader (independent), senior contributor for TheStreet.com & Stockpickr.com. Chart reading junkie. Pattern recognition chart player. Day/swing trader. Love small caps. Give me a catalyst! Follow me on TWITTER for all posts @zerosum24
In a December 1997 issue of Barron's, a Merrill Lynch poll found that the top strategy among 122 institutions surveyed was to buy stocks of companies that exceed earnings expectations and sell the companies that fall short.