Last week, I posted a list of 178 UP signals that I was reiterating as they looked like they were gaining some momentum. While I only did this for a one-week period to show you another way to use HEDGEfolios, I’ll remain bullish on these until either the technicals or fundamentals cause me to change them to a DOWN signal.

As promised, I am providing the scorecard to see how this turned out. An equally-weighted portfolio of these 178 stocks from the 10/24/06 open until the 10/30/06 close would have generated a 1.87% return compared to a negligible S&P 500 gain of 0.07%. For the week, 62.9% (or 112 out of the 178 stocks) went up. There were a few stinkers in the bunch, with 6 stocks violating Bill O’Neil’s 8% rule and the worst of those coming in at a 13.3% loss.  However, 65% of the losers were less than 3% so I feel pretty good about keeping these to a minimum. Regarding the winners, 60% were between 0 - 5%, 30% between 5 -10%, and 10% were above 10% gains.