A system and method for automated selection of securities within an index
for purchase or sale. The system and method according to certain
embodiments of the present invention select securities within and index
for purchase based on the percentage differential of the price of each
security within the index and the 52-week high price. A target sell price
is determined based on a pre-selected percentage increase of over the
purchase price of the selected security. Once the market price of the
selected security reaches the target sell price, the system and method
according to certain embodiments of the present invention sells the
selected security. The proceeds of the sale of the selected security may
be reinvested according to the second selected security within the index.