Subject: Re: Div stocks
Jim. how would you run that screen on FT Global Screener
A while back you indicated some screens there?


The global screener is good for finding interesting individual international stock ideas. I particularly like that it has a data field for five year average ROE.

In this case, though, if you want results similar to what the quoted backtest reports, I'd suggest getting the picks in the exact same way that the backtest was done--with a Value Line subscription. If it's worth doing, it's worth paying them their fee. With a different data source it's a different investment approach. Sometimes there are hidden subtleties on how financial databases are constructed.

For example, we had a too-many-post discussion at the Mechanical Investment board merely about which of the two Value Line data fields to use for the ROE step. One is updated only annually from the annual statements, and the other is quarterly. (surprisingly I find the annual one works better, despite being quite out of date--no one can figure out how they calculate the quarterly one)

Jim