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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Paul Senior who wrote (28437)	10/7/2007 3:47:54 PM
From: Dale Baker	Read Replies (2) \| Respond to of 78728

FWIW, Quicken will do all that for you and let you slice and dice the stock list in various ways by account, value, sector, gains and losses, etc. That's how I generate most of my weekly update.

To: Paul Senior who wrote (28437)	10/7/2007 4:23:44 PM
From: Madharry	Read Replies (1) \| Respond to of 78728

my files are a mess. i do keep the annual reports laying around. i have most of my stocks on screens at interactive brokers and follow them fairly minutely. I too have a increasing collection for value/finance books i read and refer to regularly. My favorite being greenblatts first book. Since all my stocks are in tax deferred accounts i dont have to worry about taxable implications which would really complicate my life. I find that as it is I think im looking at around 150 stock price changes, and then keeping up with the readings on different threads and book marked sites as well as keep track of when conference calls and presentations are taking place. as it is i think i spend 60 hours a week on this.

To: Paul Senior who wrote (28437)	10/7/2007 6:34:00 PM
From: E_K_S	Read Replies (2) \| Respond to of 78728

Hi Paul - I incorporate all my holdings into my "watch list" screen using Schwab's Street Smart Pro. The watch list will hold up to 100 stocks. You can set up various watch lists but I just maintain one using the 100 limit. I add any new companies to this list from various sources. My portfolio currently has 45 stocks so the other 55 on my watch list are my current favorites. What's neat about Street Smart Pro is each stock on the watch list is tagged with current news,all the different SEC information that is filed and other different news story provided by the service all in real time. The watch list shows the real time prices that I can sort by various methods but generally I use the "% change" and monitor those that are down for the day. Along with the Schwab watch list, Street Smart Pro allows a fantastic graph feature when viewing any particular security. I chart relative strength, volume bollinger bands and all the technical stochastics. Another screen I have displayed on my two 21" terminal set up is the Street Smart Pro "Cost Basis" screen. This provides me my up to date profit or loss "cost basis" based on all my buys for any particular position. Therefore, every day I can monitor specific news stories, see what watch list positions are selling off and if a "buy" opportunity presents its self, I can see what my current cost basis is if I own it or add it as a new starter position. My portfolio screen quickly ranks my top holdings, so I can see how weighted I am in any one particular holding or industry sector. This is useful for making sure the portfolio is balanced in the sectors I want to own and if I need to trim positions on any specific holdings. I usually have Yahoo Finance displayed on the other screen so I can look at individual stock key statistics, insider positions and all the other information provided by Yahoo. I use the firefox web browser and their integrated PDF reader to view company annual reports for securities that I am researching. Even with all of this technology, I find that many of your "Buy" entry points are much better than mine. I find that with the 100 stock limit on my main watch list screen is more than adequate as I now must delete a security when I add a new one. This allows me to hopefully have the cream float to the top of the list. This value thread has provided me a lot of good stock candidates that are on my current watch list. I add new stocks from other sources generally from magazine articles, news stories and stocks that insiders or gurus are buying (ie Buffet, Ichan etc). I even have Schwab's web based "alert service" established where text messages are sent to my cell phone alerting me if certain events have occurred such as greater than normal volume, 2.5% price moves, new stock high or any other specific stock alert information I might be following in my active watch list. I modify this list from time to time and limit it to my top ten holdings or setting an alert for specific news I am expecting so the phone only receives a text message that I might want to act on. This is a new service from Schwab and is quite useful so when I am on my long walks I can receive an alert and think about if I want to do anything. Many times I do nothing but the stock is in the back of my mind and it helps me when making my buy and sell decisions. I have spent many years developing a systems that provides me with the information I need to track my holdings, do my transaction cost basis accounting and allows me the flexibility to be mobile (hiking, biking, golfing etc) and Schwab seems to have the complete package that fits my needs. I am still looking for a good stock screening service but so far the SI Value thread seems to be tops on my list. EKS