Industry Ranks for the Reshaping

There has been only one other time in my life where I felt so skittish about my methods: June-September 2002.  I got whacked hard by the market then, harder than at present, but I bounced back October 2002 – January 2004, making it up and then some.

I don’t count on that now, but I will give you may industry ranks as of this week:

Running my usual screens, I get a bunch of new tickers to consider:

ABD     ABG     ACE    ACGL    ADCT    AEG    AEL    AFG    AFSI    AGII    AHL AIG     AIZ    ALL    ALU    AMPH    AMSF    AN    ANEN    ARRS    ASI    AWH    AXA    AXS    AZ    CB    CBG    CHEUY    CIEN    CINF    CMVT    CNA     CNO CPHL    CPII    CRMT    CRNT    CTV    DFG    DSITY    EBF    EIHI    EJ    ENH    ENTG    FFG    FMR    FNSR    FSR    GBE    GCOM    GILT    GLRE    GLW    GNW    GPI    GSIG    HALL    HCC    HIG    HMC    HMN    HYSNY IHC INDM ING IPCR IRS JDSU JLL KGFHY L LGGNY LNC LTXC MET MHLD MIG MIGP MRH MRVC MXGL NDVLY NSANY NVTL OB OPLK OPXT PAG PEUGY PFG PL PMACA PNX PRE PRU PTP PUK PWAV RE RFMD RGA/A RNR RTEC RUSHA RUSHB SAFT SAH SAIA SEAB SUR SWCEY SYMM TER THG TLAB TM TMK TRH TRV TTM UAM UFCS UNM UTR VOD VR VTIV WRB XL YRCW ZFSVY

Some of these are on the last list, and some of them I own.  Personally, my “green zone” methods are making me queasy at present because in a credit crisis, trends tend to persist a lot longer, so I will be more likely to look at names that are stalwarts in this crisis.  My investment methods are not purely quantitative.  I use quantitative methods to assist my qualitative reasoning.

As such, I have a few more tickers to toss into the hopper, many of which are safe names, or, names in the red zone that seem cheap:

AA    ABX    ALL    ALOG    BGP    BHI    BKS    BRNC    CAG    CNI    CP    DD    DLX    DOW    DPS    EOG    FCX    HAR    HCC    HOLX    HPQ    IBM    ITW    ITW    MCF    MET    MMM    MSFT    NBR    NYX    ORCL    PBR    PFG    POT    PRU    RDC    REXI    RTI    SII    TAP    TEL    TIE    TM    VEIC    WMT    XTO

Together with my last post, these are the tickers that I will compare against my existing portfolio to choose new names for my portfolio.  As for where I got the batch of tickers for my last post on this topic, my method is to take every idea that I hear over a quarter that I think is interesting, and I note it down, or print it out.  It is eclectic in that sense, but when I analyze the ideas at the end of the quarter, I try to forget where I got the ideas, so that I can analyze them fresh.  I am the main analyst here, and I try to avoid believing the arguments of others when I do my final analysis.