Re: [CANSLIM] Which software is best?


From: SKutney@aol.com
Subject: Re: [CANSLIM] Which software is best?
Date: Fri, 21 Dec 2001 14:21:06 EST

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I get IBD delivered to my home. As a subscriber I get to use the charts that 
are found 
on investors.com. I've tried QP and Dailygraphs and as a retail investor who 
owns at most about 5 stocks I don't see a reason to spend the extra money on 
QP plus or DG. You do get a few advanages with those products but I would 
like to know if anyone honestly thinks the added function is worth the price. 
When I tried QP I thought that the moving average functions were real nice 
but the volume bars were
too small. CANSLIM is volume based. I'm not sure  how High Growth Stocks 
establishes their picks but if you  take the newpaper and combine the RS and 
EPS rank plus BAB ranking I think your going to get a similiar list.  With DG 
the big advantage is the condensed information that is directly CANSLIM 
related. That all comes at a price which I would think requires that your 
account be of some size. Mutual fund data is real valuable for 401K accounts 
and you don't get that with just DG. It really requires the newspaper plus 
DG. The bigest advantage that I see with these charting packages is the 
ability to place groups of stocks in lists. This way the short term trader 
can scan large groups of stocks in order to establish a buy list.

Steve Kutney 

 

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<HTML><FONT FACE=arial,helvetica><FONT  COLOR="#000080" SIZE=2>I get IBD delivered to my home. As a subscriber I get to use the charts that are found <BR>
on investors.com. I've tried QP and Dailygraphs and as a retail investor who owns at most about 5 stocks I don't see a reason to spend the extra money on QP plus or DG. You do get a few advanages with those products but I would like to know if anyone honestly thinks the added function is worth the price. When I tried QP I thought that the moving average functions were real nice but the volume bars were<BR>
too small. CANSLIM is volume based. I'm not sure&nbsp; how High Growth Stocks establishes their picks but if you&nbsp; take the newpaper and combine the RS and EPS rank plus BAB ranking I think your going to get a similiar list.&nbsp; With DG the big advantage is the condensed information that is directly CANSLIM related. That all comes at a price which I would think requires that your account be of some size. Mutual fund data is real valuable for 401K accounts and you don't get that with just DG. It really requires the newspaper plus DG. The bigest advantage that I see with these charting packages is the ability to place groups of stocks in lists. This way the short term trader can scan large groups of stocks in order to establish a buy list.<BR>
<BR>
Steve Kutney <BR>
<BR>
 </FONT></HTML>

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Next Article (by Author): Re: [CANSLIM] Which software is best? SKutney@aol.com
Previous Article (by Author): Re: [CANSLIM] Which software is best? "Katherine Malm"
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