Re: POSS (was: [CANSLIM] where is everybody?)

From: "Tom Worley" <stkguru@bellsouth.net>
Subject: Re: POSS (was: [CANSLIM] where is everybody?)
Date: Sat, 8 Feb 2003 23:05:42 -0500

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Top of Thread: RE: POSS (was: [CANSLIM] where is everybody?) Roger Tawa
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I never expect different systems to produce exactly the same results, unless
the method of calculation is known and copied. But what I would be careful
about is where one system produces an 87 ranking and another produces a 65.
That's a big difference. I think the real key is to find a data source you
like and are comfortable with, then stick with it once you are satisfied
that you get accurate info. If you get part of the data one place, and more
from another, you may end up confused. Or if you keep changing which site
you use, you will have conflicting info.

- ----- Original Message -----
From: "Patrick Wahl" <pjwahl@attbi.com>
To: <canslim@lists.xmission.com>
Sent: Saturday, February 08, 2003 9:10 PM
Subject: RE: POSS (was: [CANSLIM] where is everybody?)

I think others here have a different opinion on this matter, but to me
things
don't have to match exactly.  I have used Quotes Plus, and found their
EPS and RS rankings fine, although they are not the same as IBD.  The
underlying idea to these ratings is to find the stocks that are growing
earnings at a good rate and whose stock price is performing well.  Then a
buy decision is made based on a few other factors, such as chart pattern.
I think these alternate ratings allow one to home in the usual growth stocks
just as well as the IBD services.

On 8 Feb 2003 at 20:41, Roger Tawa wrote:

> How important is it for the rank to match ibd's definitions exactly?
Isn't
> anyone's calculation of a rank as relevant as another's?  there are quite
a few
> websites that say they calculate these values.  how important is it that
msn's
> calculations "are not weighted as they are at IBD/DGO, so don't give quite
the
> same info"?

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