No. of Recommendations: 17
OK, I'll take a stab at creating a standard reply. I'll post it on the web at http://www.jps.net/donna/mi.html also

A good start dsehabiague, let me add some to it.
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Welcome to Mechanical Investing.

Unfortunately you have strayed onto our advanced research and development board. We usually recommend
when first starting out that new investors spend some time on our beginner's board the Foolish Workshop.

The first post to read is TMFElan's excellent Foolish Workshop FAQ which you can find here
http://boards.fool.com/Message.asp?id=1030063001715000
Take some time and read thru it. There are many good links for the new investor.

Two Boards?
From TMFElan's post
http://boards.fool.com/Message.asp?id=1030063000379005&sort=id
My view is that the MI board is the right place for all research, rankings, lists, and other contributions
to the "advancement of science" in this area. If you're posting something that you believe is of
general interest to this community then I think it belongs on the MI board. That way, people who want to
keep abreast of developments know that the MI board is the one place to go. They don't have to browse the FW
board in case there's new info here.

The FW board is for questions and answers of a personal nature. If someone doesn't understand or
can't find some information, or wants help and opinions regarding their personal situation, they can
ask here and get their answer without taking up bandwidth on the MI board.

Of course EVERYONE is invited to read everything on the MI board, assuming they have the time. ;-)

Elan

Also take a look at this humorous post by William Lipp
http://boards.fool.com/Message.asp?id=1030013012244001&sort=username

So begin with the Foolish Workshop FAQ.
After that, check out this series of posts for the beginner
Doc's Guide, Part 1 http://boards.fool.com/Message.asp?mid=12500126
Doc's Guide, Part 2 http://boards.fool.com/Message.asp?mid=12500238
Now Part 2 covers costs, but Doc made a math error, so when you finish reading Part 2 go to this link.
http://boards.fool.com/Message.asp?id=1030063003061000&sort=collapsed
Doc's Guide, Part 3 http://boards.fool.com/Message.asp?mid=12500238
Doc's Guide, Part 4 http://boards.fool.com/Message.asp?mid=12500306
Doc's Guide, Part 5 http://boards.fool.com/Message.asp?mid=12594893

LAPropDoc has also updated this series into a Soapbox.com report entitled "Doc's Unofficial Guide
for the New Mechanical Investor" available for sale at
http://www.soapbox.com/english_exec/v?op=d&d=292&a=MEM0000000177&c=274

Since much of what we do here is momentum investing another great report to consider buying is Sux2BeU's
"Relative Strength Investing" availbe here http://www.soapbox.com/english_exec/v?op=d&d=273&a=MEM0000000201&c=274

And just to really overload you with homework, the Workshop has many good articles which post on Tuesday
and Thursday on the main Motley Fool page. An index by date is here
http://www.fool.com/workshop/2000/workshop2000.htm
You also can see a index by subject for 98-99 here
http://www.soapbox.com/english_exec/user_forums?op=show_message&messageid=93&forumid=91&display=0&size=20&threadid=39&treeleft=1&authordisplayname=LAPropDoc

Some other good resources for the new investor include:
MindsEye's Compilation of Backposts
http://boards.fool.com/Message.asp?id=1030013011278000&sort=postdate

The MI Convention website hosted by Foolishly Free
http://tmf.e-possibilities.com

Monkban's Website has great details and practical resourses of MI
http://www.realityboard.com/MI_update.html

Jjackel's website
http://www.geocities.com/jjackel/

Brian Finney posts the weekly picks at his site
http://www.phillysites.com/screens/locator.htm

oitsubob's site is the FAQ for the Mechanical Investing board. It contains many useful links -
http://www.qis.net/~manymice/foolweb/index.htm

Brian Finney's site includes an awesome back testing tool and very timely updates of many screen rankings
on Friday afternoons -
http://www.phillysites.com/foolishness/

Jamie Gritton's site provides a variety of back tests of the basic strategies, "overlap" strategies,
screen-of-screens strategies, and blends of screens -
http://www.gritton.org/ws/

Peter Kuperman's Website
http://MIBDatabase.netinc.ca/index.html

Rayvt's investment advice for newbies wanting to do monthlies
http://boards.fool.com/Message.asp?id=1030013008960010&sort=id
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