Re: [CANSLIM] Quote Plus 2 and CANSLIM style investing

From: "J. Lobatto" <jlobatto@nyc.rr.com>
Subject: Re: [CANSLIM] Quote Plus 2 and CANSLIM style investing
Date: Wed, 14 Aug 2002 16:56:48 -0400

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Victor,

It varies... They use a slightly different formula to calculate RS (perhaps
more front or back end weighted than IBD's, so most of the time the figures
are similar, but sometimes I've seen a difference of as much as 40 points!)
For EPS ratings, they probably have different earnings sources, so again the
same thing applies. Despite this, there is usually a pretty big overlap in
the over 90/90 list you mention below...

Jon
>
> You said in your message that:
>
> <SNIP>
> Be aware however that both their RS and EPS
> rankings are different from IBD's so I use both sources....
> <SNIP>
>
> In what way are they different?
>
> For example, would a list of stocks ranking over 90% in both RS and EPS be
> very different between QP2 and IBD?
>
> Rgds
>
> Victor Chang
>
>
>
>
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