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Re: rscottie post# 31

Thursday, 03/25/2004 2:29:36 PM

Thursday, March 25, 2004 2:29:36 PM

Post# of 50
Scottie, that is basically the theme of this board. If we are to buy low and sell high, we need some confidence that by buying at ever lower levels, that we aren't just throwing good money after bad. These stocks have a certain critical mass that almost assures they will bounce back somewhat. Some of these companies may eventually go the way of the dinosaurs, but that will take a long time, and we will have been vacated the premises. The screens I do: 1) large market cap, 2) low p/e, (3) underperformance as compared to the 200 day moving average vs broad market and (4) low debt/equity ratios. Stocks passing all of these screens should be good candidates for AIMing, albeit , you won't make a killing off their volatility normally. You could certainly add other screens as well, such as high dividend yield, low price/book, low price/cash flow, etc.
I'm currently unemployed, planning on re-entering the workforce at least part-time next month. Safety is very important to me at the moment, as this is my sole means of support. Should I free up some shekels, I probably will look to LD-AIM some spicier fare.

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