Keeping Your "Watch List" at a Reasonable Number

[billyjoe]

If you're like me ,sometimes overwhelmed by numbers, suggestions, and hot tips, it's often hard to keep a watch list from getting too large. You could limit it to RS> 85 and EPS>90 but it will still be too big. EPS last quarter 100% or more sales increase >25% still not enough . My list was approaching 90 stocks when the market came through with current earnings reports and eliminated 22 yesterday. As you know "good enough" just doesn't work anymore. Sudden drops are wiping out some shareholders dispite what seems like reasonable due diligence and research on their part. Maybe we will look back on this as a time of great opportunity or just a great learning experience. May all your charts point up.
billyjoe

[stenzrob]

That's why I adjust my screen continuously. If I get too many candidates, I tighten something up or add another requirement. If I get too few, I open it up. And as we've all found out, a company could appear to be firing on all cylinders, then suddenly hit a wall.