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Re: melpomene post# 81

Monday, 01/29/2007 10:07:19 AM

Monday, January 29, 2007 10:07:19 AM

Post# of 708
That's pretty much what the IBD 100 is...

but, it's not list of stocks to just go out and buy. Take it as a good starting point - many many years ago, it first came out only once a year, then more frequently like twice a year, etc. Now with the list updated weekly, you can see how quickly some stocks fall in and out of favor.

The ranking is based on a weighted screen of different parameters - including some of their own propreitary parameters based on the William O'Neil & Co. database.

Hint: to get a better idea of what's important and how everything is weighted, get a subscription, and then download and study the xls file of the 100 list from the website for several weeks.

That's a great exercise to do, one that can improve your stock picking skills if you spend some time on it.