> Please let me digest it for a while - It seems as though you've
> answered all my questions, and more!
If I've answered all your questions, then you need to think some more (just kidding). This isn't a be all, end all toward searching, but perhaps it will get you think on how to select good stocks and how to use a very simple technical analysis to time your initial entry.
I have to go into the hospital for 4-7 days depending on the outcome of surgery, but I'll answer any more questions you might have when I feel well enough to respond.
One other place you might take a look at.
loosbrock.com
loosbrock.com
loosbrock.com
The first URL discusses how to use Marketplayer graphs to avoid stocks with earnings projections which are decreasing.
From the webpage:
...java charts on the linked pages can easily be made at Marketplayer Charts marketplayer.com [free once you register]. The p/e's used in the charts are based on 12 month forward estimates which is a rather unique concept vs. looking backwards in traditional charting techniques. This "valuation" concept is to look for stocks selling at very low p/e multiples relative to historic valuations based on forward 12 month earnings or stocks which also have not seen a significant downturn in earnings estimates for the next 12 months.
The next two show examples. RIG was just starting to lose that eps growth projection and MIND was on the slippery downslope. ;-)
Since these come from the website I created with Mike Simmons I should tell you, that Mike has control over the content of the site and the stock selections (not me). I was hot on the stock sector for valuation purposes about 6 months back but now, the economic picture has turned decidedly against the drillers.
Take a look at this and the previous post, play around with it and see what you are comfortable with. It will not solve your investing problems, but hopefully it will get you thinking of fundamentals, technical analysis, and seeking information so any choices you make for AIM will have a strong underlying base.
One hint: if you want to buy technology stocks like the communications stocks I've been talking about, you have to throw some of this out the window. VTSS might qualify, but PMCS wouldn't.
Tom talks about building a pyramid of investing entities and I believe you should think that way also. The method I've described will help form your "base" (CSCO, MSFT, DELL, TLAB). I use other reasons for my base of (CCI, MRK, ELN, MCD, CMB, PMCS, SAI, CAG, ASND).
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Dave |
