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When a holding drops out of the top 5 ETFs it will be sold and replaced with the next highest ranked ETF.In addition, ETFs must be ranked above the cash ETF SHY in order to be included in the portfolio, similar to the absolute momentum strategy michael kors factory outlet online I profiled here. This modification could help reduce drawdowns during periods of high volatility and/or negative market conditions (see 2008 2009), but it could also reduce total returns by allocating to cash in lieu of an asset class.The top 5 ranked ETFs based on the 6/3/3 system as off 1/31/14 are below:Beginning christian louboutin wedding shoes in 2014 we will track both the 6/3/3 strategy (same system as 2013) as well as the pure momentum system, which will rank the same basket of 15 ETFs based only on 6 month price momentum. There is no cash filter in the pure momentum system, volatility ranking, or requirement to limit turnover the top cheap nike air max uk 4 ETFs based on price momentum will be purchased each month.

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Revealed in obscure footnotes and buried documents, Blackboard would just as soon it stay discount timberland boots buried.Consider, for example, Blackboard expanding footprint in the defense sector.Though hardly a name brand defense contractor, since 2007, according to General Services Administration records obtained by The Financial Investigator, Blackboard has been awarded at least 16 contracts to provide its core LMS wholesale michael kors product, Learn, to the military archipelago of accredited undergraduate and postgrad universities as well as specialty instruction centers.The arrangement works well. The Pentagon gets a manageable software program that helps instructors in subjects like military logistics and infantry tactics get a handle on the louboutin outlet coursework flow of thousands of occasionally far flung active duty military personnel.Blackboard, on the other hand, has a neat little honeypot that has, in many ways, saved the company. In contrast, this 2008 pricing list for the State University of New York quotes the same software at $33,500./Zqq.0520/

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