NEW FORMULA A-E BEAR
November 24, 2008
– Comments (2) |
RELATED TICKERS: BBBB
, CNQR
, RHT
Please see AVAV blog. The daily fool is working well in picking winners. Now comes the opposite in picking losers.
The A-E BEAR. Investors business daily sales + profits + ROE = A (the best)
Accumulation / Distribution = E (the worst)
That is the objective component.
Two subjective components.
1) current price / high (so far always less than ONE)
2) number of foolish stars and related research.
For example CPRT must be rejected as a thumbs down despite meeting AE BEAR criteria.
I guess that makes it a hold.
Finally BBBB, CNQR, and RHT all meet the AE BEAR 40%, so I am ending my thumbs up on them.
Note also Warren Buffets two Berkshire stocks meet the AE BEAR. Obviously this is a short term indicator.