How to make 2% in a week by randomly selecting some UK stocks.
The equity markets are booming and you don't need to be a C# jockey to make money. No need to short or hedge. Enjoy the boom and trade because it will be over later this year.
As noted in my last post, my excel spreadsheet has randomly (ok with a small amount of bias and weighting and manual over ride) pumped out 10 UK listed stocks. I will buy GBP100,000 of each on the close price today (24 May 2013) and sell on the close next Friday and be at least GBP20,000 better off (and that's with a bank holiday too!). If this works out I will select some US stocks the week after (saves me having to use my brain with another outrageously witty blog post that will feature as another Bloomberg / FT headline) and demonstrate that you only need to click a few buttons and spend the rest of the week lying in bed.
So here goes ...
Goldman to replace its OEMs (overpaid equity morons) [Ed: Steady] with UEMs (underpaid equity monkeys).