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You don't need MS. Here some free sites:
http://marketscreen.com/default.asp
http://screen.yahoo.com/stocks.html
Dominick
--- In equismetastock@xxxxxxxxxxxxxxx, sebastiandanconia
<no_reply@xxxx> wrote:
> I'm probably the last guy to have figured this out, but on the off-
> chance I'm only the next-to-the-last, here's my idea.:)
>
> I don't so much follow individual stocks as much as the major
> indices, and my main interest is in the health/lack of health in the
> overall market. However, MS explorations, systems, etc., are pretty
> much price-derived, making it tricky to incorporate fundamentals.
> But what you could do is create a formula that DOES incorporate a
> fundamental value, then reference that formula in an exploration.
>
> For example, let's say you already have a trend-following system that
> you use with the SP500, but it would be valuable for you to know when
> the P/E is making it a little pricey (or cheap). You write a simple
> formula, like CLOSE/$45.77 (get the earnings number from the Standard
> & Poor's website: TTM, annualize-out the present quarter, estimated
> 2003, whatever way you choose). Then add it as a filter in your
> exploration, like:
>
> WHEN (colA>colB)AND WHEN (colC>colB) AND WHEN fml("SP500 P/E")<25
>
> which would give you a signal when your first two conditions are met
> AND WHEN the P/E for the SP500 is less than 25.
>
> You could do this for a whole portfolio of stocks, too, but you'd
> need a different formula for each one since they all have different
> earnings levels and you'd have to change them once a quarter. Still,
> if you want to incorporate a piece of fundamental data into a
> mechanical system this would be a way to do it.
>
>
> Luck to all,
>
> Sebastian
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