I have created a re****t using MSN Stock Screener and Phil Town's
Rule#1 inputs (see this link for the MSN parameters that Phil
suggests,
http://www.philtown.com/phil_towns_blog/2006/05/using_msn_to_he.html),
to show a list of stocks and their suggested Margin of Safety (MOS)
and how they compare against the current price.
The one thing that was taking me a long time to do was to look at each
stock from the MSN stock screen results for an ideal stock, More often
than not, the stocks were not a good buy because their MOS price
wasn't 50% off or greater off the current price. So I took a more
automated approach, show me the stocks base on the MSN stock screen
that have a MOS that is at least 50% or greater and then I'd do my
homework on only those stocks. This significantly reduced my time by
hours for looking for good value oriented stocks.
I am thinking of posting this re****t on line, but I am looking for
some feedback on the re****t. There are currently two results that are
shown, the first results in the re****t are Rule #1 results and the
second results are Magic Formula results from Joel Greenblatt's The
Little Book That Beats The Market. I will add other sections later on
and I am open to input.
If you would like a copy, please email me at
freere****t@[EMAIL PROTECTED]
and I will send you a copy.
Do not email my Gmail account as I never look at it.
