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barsol
Posted : Monday, February 28, 2005 1:00:01 PM
Registered User
Joined: 10/28/2004
Posts: 6
i'm trying to develop an easy scan that gives me solid if not magnificent plays. companies that will not collapse or have anything real bad happen to them. the following is the criteria that i've established thus far, what is your opinion.
price per share 5 to ten dollars
volitility 21 to max
sales one year 45 to max
operating cash flow 3.3 to max
earnings 11 to max
latest net profit 1.5 to max
capitalization 69 to max
beta .15 to max
volume 90 day min to max
price % change 5 day 0 to max
debt to equity .15 to max
gives me about 40 stocks that i apply fib ratios. i'm looking to pick up.50 cents or so on a hundred shares

(edited by moderator)


Doug_H
Posted : Monday, February 28, 2005 1:02:18 PM


Worden Trainer

Joined: 10/1/2004
Posts: 4,308
As trainers, we are not qualified to give our opinions about your setups. It certainly looks well thought out, though!

I will move this post in to the Stock and Market Talk forum so others might respond to your ideas.

- Doug
Teaching Online!
JFCDC
Posted : Monday, February 28, 2005 10:56:01 PM
Registered User
Joined: 12/7/2004
Posts: 6
Barsol,

The scan you set up looks very interesting. However, the one factor that the scan can't prevent, no matter how great the formula is......NEWS. The best looking, acting, performing stock is not immune to the news factor and the over zealous analyst.
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