Hello All:
From time to time, we have heard people asking for the 'best parameters' for FA. This might not be the best, but it is definitely a great way to select companies, and I agree with a lot of the FA parameters used. For an advisor to do this HW and then offer up the report on some forum is just amazing. Enjoy this world until it lasts. In the US, most of these reports are 'hidden' and never seen on forums.
In addition, they have used the IBD principle that if stocks are on a high relative strength curve, they will continue to do so in bull and bear markets. So, they filtered based on relative strength / performance, which is the technical parameter used.
For those who have time and inclination, run this through barchart or some other 'deeper TA' and you will find some good candidates. This is NOT short term trading by any means, but building a portfolio of good stocks. I hope that the sender will give us updated reports from this great advisor who has NOT only put in a great effort, but prepared the process and given it to us in the form of a PDF.
Good luck.....please discuss some names, approaches mentioned here, and study it with a critical eye. Once you do it, you will be a believer of the approach, and then be able to modify and make your own as you move forward.....
Thanks to Praveen Shamain for sending the report on one of the forums.....
-- Plan Your Work and Work Your Plan to Get Ahead in 2009-2012..... KKP Investor ------------ ------------ Bull Markets are Born on Pessimism, Bull Markets Grow on Skepticism, They Mature on Optimism, and Die on Euphoria - Sir John Templeton ------------------------------------ Bear Markets are Born on Recessionism, Snowball on Momentum & Technical-Breakdowns, Mature on Eco-Political-Nightmare Talks, and Die on World-Is-Coming-To-An-End Euphoria - KKP ----------------------------------------------- >BUFFET: My rule is to be fearful when others are greedy,and be greedy when others are fearful. All day you wait for the pitch you like, then when the fielders are asleep, you step up and hit it. Stay dispassionate and be patient. First the crowd is boozy on optimism and buying every new issue in sight. The next moment it is boozy on pessimism, buying gold bars and predicting another Great Depression. Most people get interested in stocks when everyone else is jumping in. The time to get interested is when no one else is interested. You can't buy what is popular and expect to do well. ABOVE ALL: Whatever God Does, Accept that as Good; Leave Behind ALL Other Judgements/Justifications. ---------------------------------------------------------------------------------------------------- Disclaimer> Do you homework for your ownself and then invest. My ideas are not advice.
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