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Strategies & Market Trends : Disciplined Investing, especially the NAIC way -- Ignore unavailable to you. Want to Upgrade?

To: - with a K who wrote (381)	2/3/2003 1:11:23 PM
From: - with a K	Read Replies (1) \| Respond to of 469

My shopping list: If you believe the choppiness in the market will continue and that Colin Powell's presentation of findings on Wednesday will cause a reaction of selling, one needs to be ready. With that kind of thinking, I've been developing a shopping list of stocks and would be interested in anyone's reaction or input. This is somewhat of a hodgepodge of companies, most of which I have studied and am waiting for a reasonable entry point or a signal that the war threat will be resolved one way or the other. Note that all are not classic NAIC stocks. Companies that I have looked at, am comfortable with, and my dream entry point: ADP at 33 CE at 14 COST at 27 HD at 19 HELE at 12 KRB at 16 L at 9 LNCR at 27 LOW at 32 ORLY at 24 POOL at 25 RD at 40 TECH at 21 Companies I still need to study but look interesting: THC at 16? ITG at 15? (like KG, a scary chart!) TOY at 8.5? TYC at 15? LR at 15?

To: - with a K who wrote (381)	2/3/2003 1:31:53 PM
From: The Philosopher	Respond to of 469

That's a good point. The SSG is only a tool, not an answer. I remember one stock we looked at that was a screaming buy. Superb lines, excellent PERT, great management section, well down in the buy zone. Just a perfect NAIC buy. But we don't buy without looking beyond the SSG, and as soon as I pulled up news I found that the directors had resigned en masse and the company was restating its earnings going back several years. Good thing we didn't pull the trigger on the basis of the SSG alone! Also, I recall that ENRON was an NAIC Stock to Study. Oops! But I find that if I only buy stocks that pass the SSG (just not all of them!), I do okay, and when I buy stocks that don't pass the SSG but I like for other reasons, I always wind up regretting it.