To: Spekulatius who wrote (33471 ) 2/7/2009 6:09:00 AM From: anializer Read Replies (1) | Respond to No screen, just alot of hard work. And to be honest, not all work out, but when the don't I'm gone. I sold my GMK flat not long after trying it. Derivative issues and unknowns gave me second thoughts. Even now, AINV is giving me second thoughts. I went through each and every stock in all my watch lists one by one. Then I went through every component of the S and P 600 and the Russell 2000 as well. I examine each balance sheet, examine the earnings for 2008, the estimates for 2009, and search news for any recent developments that would be a negative impact. If the stock meets my criteria, the first of which is that it's selling at a worthy discount to net tangible asset value it gets consideration for adding to the value list. Earnings of 2008, recent quarterly earnings, and 2009 estimates should be positive or only negative by a marginal amount with potential for improvement. I then annotate each chart in the watch list with notes on book value and earnings so that ongoing dynamics of the stock price movement can be compared to the current stock price on any given day. I have 480 stocks in this value watch list and the project is done. Now it's a matter of watching, timing, and hopefully benefiting from countless hours of hard work. The market is not yet overbought, but I expect it to be by the time the stupulous is passed. So I'm cautious about this rally.
