as214
184 posts
msg #49652
- Ignore as214 |
1/28/2007 8:17:55 PM
http://moneycentral.msn.com/investor/finder/deluxestockscreen.aspx?query=Cheapest+Stocks+of+Large%2c+Growing+Companies
My friend turned 50K into 6 million in 5 years trading options using this filter. Simply take the stock(s) that have been beaten down the most of these. Continue the process over and over again. Simple and easy.
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itrademan
70 posts
msg #49656
- Ignore itrademan |
1/28/2007 9:35:17 PM
I wish I could have a tool to backtest based on fundamentals to verify it. Is there any available.
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as214
184 posts
msg #49657
- Ignore as214 |
1/28/2007 10:10:22 PM
Papertrade it yourself for a couple of months and watch the magic. If you use Vector Vest simply pick the one of the 50 stocks with the lowest RT. As a substitute use stockscores.com. Pick the stock with the lowest signal score.
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as214
184 posts
msg #49658
- Ignore as214 |
1/28/2007 10:11:52 PM
Vector Vest is great for backtesting on fundamentals.
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limestar
79 posts
msg #49660
- Ignore limestar |
1/28/2007 10:35:16 PM
I'm actually using one of the methods you posted awhile ago using VV and weakest sector to get into SSL. I actually skipped over FDG and USEG and went with SSL because of auxillary research in conjunction with the method you posted.
Currently its up about 5% from my buy point. Mining stocks are also poised to move it seems.
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bloosteak
35 posts
msg #49665
- Ignore bloosteak |
1/29/2007 1:17:36 AM
on stockscores the lowest signal score seems to merely indicate that it is the most bearish, am I missing something?
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as214
184 posts
msg #49668
- Ignore as214 |
1/29/2007 7:40:34 AM
You're not missing anything bloo. It's contrarian investing. Most of my buys and greatest successes have been when signals and others have had sell ratings issued on particular securities.
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markcrisp
187 posts
msg #49676
- Ignore markcrisp |
1/29/2007 9:47:49 AM
Can you prove it?
------------------------------------------------------------------
My friend turned 50K into 6 million in 5 years trading options using this filter. Simply take the stock(s) that have been beaten down the most of these. Continue the process over and over again. Simple and easy.
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as214
184 posts
msg #49678
- Ignore as214 |
1/29/2007 10:32:16 AM
Sure. I can put you in touch with my friend if you'd like. Also you can papertrade starting with any number youd like and see the results firsthand for yourself. I used this simple, yet effective methodology to buy AET in August at 32.50 and now its 41 with much more upside to come.
AET was one the list from the filter provided and also had the lowest RT(relative timing) of any other stock when I bought it. Worked out well
RT (Relative Timing): RT is a fast, smart, accurate indicator of a stock's price trend. AET has a Relative Timing rating of 0.67, which is poor on a scale of 0.00 to 2.00. RT is computed from an analysis of the direction, magnitude, and dynamics of a stock's price movements over one day, one week, one quarter and one year time periods. Once a stock's price has established a strong trend, it is expected to continue in that trend for the short-term. If a trend dissipates, RT will gravitate toward 1.00. RT will explode from bottoms, dive from tops, and reflect changes in price momentum. VectorVest favors the purchase of stocks with RT ratings above 1.00.
Th
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rharmelink
81 posts
msg #49683
- Ignore rharmelink |
1/29/2007 1:01:32 PM
I thought Vector Vest backtesting data had a survivorship bias?
----- as214 wrote:
>
> Vector Vest is great for backtesting on fundamentals.
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