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Re: a map to the holy grail



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In stocks fundamentals are even more important than technical.
there are a lot of stocks in the small cap area that are trading below net
book value ( where the book value is Cash and short term CD's
these are real bargains
can Trade station screen for net  assets less liabilities vs the stock
price?
It take me a lot of time to find these gems and I would prefer to automate.
-----Original Message-----
From: greene@xxxxxxxxxxxxxxx <greene@xxxxxxxxxxxxxxx>
To: Mark Brown <markbrown@xxxxxxxxxxxxx>
Cc: RobertBu <Robertbu@xxxxxxxxxxxxx>; omega-list@xxxxxxxxxx
<omega-list@xxxxxxxxxx>
Date: Wednesday, March 10, 1999 4:33 PM
Subject: Re: a map to the holy grail


>I think you're getting a little too worked up over this.  It's important to
>point that that O'Shaughnessy's work deals with picking stocks for
intermediate
>---> long term holds.  It doesn't deal with short term futures trading.  He
is
>fairly value oriented -and value hasn't done that well recently compared to
>momentum/growth stuff.  Doesn't mean that people who follow his work
haven't
>done ok - they just would have done better chasing Internet stuff.  That's
a far
>cry from hawking a futures trading system where your followers would have
gone
>broke.  Robyn
>
>Mark Brown wrote:
>
>> >Okay, so help educate me.  In the case of James P. O'Shaughnessy's work,
>> all we really know is that he had a couple of bad years at the same time
the
>> market had some good years.
>>
>> couple of bad years?  i will show you below how pitiful this is....
>