Jim - very much appreciate your update on the screen performance.

Based on my notes from the original thread(s), this is what I have for the steps:

(1) Keep only those stocks that have a Timeliness ranking (good or bad)

(2) (Optional) Find those stocks with a dividend. The dividend version leans to *slightly* smaller large-caps,
but the average annual return in back-test is a bit higher.

(2.5) (Optional) Take the 50% of stocks closest to their 52 week high.

(3) Of those still in the running, keep the 30% of them that have the highest reported ROE.
Taking 32% might be better if you're obsessive.

(4) For those remaining, calculate their cash minus long term debt.

(5) Sort descending on CASH - LTD

Buy equal dollar amounts of the 40 with the most cash. Hold for a month (or two or three), and repeat.

Jim - were you implementing step (2.5)? If so, does that change the percentages in step (3)? I was never clear how 2.5 might affect 3.

P.S. - Love reading you're posts, grateful you're posting again, and gratitude to Manlobbi for creating these boards.