RE: Watchlist - Investor method
I've been testing my new technical attributes scoring system using monthly and weekly settings to get a long and short term view of a stock, as I think it will be a good way to visually scan for stocks for the watchlist. So as a quick test I've used the FTSE 350 Bank Sector to see what I get and how it compares to the straight Mansfield RS table that I normally use to gauge a stocks strength.
On a weekly basis for this sector it is identical in ranking order of strength, but the monthly results shows a slight different picture with Lloyds dropping down the table by two places. The BGEO score on the monthly isn't complete as 3 of the 8 settings don't have enough historical data points yet to calculate, such as a 30 month MA, so I think it would still be the strongest stock overall in the group. Attached are the results.
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.