Go to Jeff Salisbury LWGate Home Page.From: Andreas Himmelreich <judgejimmy@web.de>
Subject: AW: [CANSLIM] Boucher again ...
Date: Sun, 13 Jan 2002 13:23:47 +0100
Previous Article (by Date): [CANSLIM] Worley's Weekend Weeview "Tom Worley"
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Hi Tom, makes me smile to hear that you use www.comdirect.de, I got my regular account there (just for paying bills etc. not for trading ...) .... Gru? Andreas > -----Ursprungliche Nachricht----- > Von: Tom Worley [SMTP:stkguru@netside.net] > Gesendet am: Sunday, January 13, 2002 5:47 AM > An: canslim@lists.xmission.com > Betreff: Re: [CANSLIM] Boucher again ... > > Hi Andreas, > > I have traded a number of foreign companies, but only if they trade on US > exchanges. Mostly they were European or Israeli. But I generally avoid a > foreign company because of the added risks. Unless they conform to the US > standards of GAAP (Generally Accepted Accounting Principles), and provide > quarterly financial statements, the availability of actual financial > performance is diminished, and requires greater due diligence. Also, the > risk of foreign exchange changes is introduced. I have avoided Canadian > companies because I have seen too many scams get past their regulators (the > level of regulation is poor, and enforcement worse, IMO). Some Canadian > exchanges are better at policing the companies listed there, but why take > the added risk? > > My style of investing means that I want to know a lot more than just details > of a particular company, for example, the state of the economy and the > regional politics, just for starters. Doing this for other countries besides > my own would add to my workload and time invested. And when I can find > excellent investment vehicles right here, giving me superior returns, why > take the extra risk or time? > > By the way, for my European perspective and quotes, I use the free services > of comdirect.de. For translation purposes, I cut and paste the German into > Google's translator. Works well enough that I can get the sense of any > story. I also use the global indexes screen at Yahoo every day so I can see > what has been / is happening in the various regional exchanges, as well as > global news (in English, so I don't have to translate). > > Gru?, > > Tom Worley > stkguru@netside.net > AIM: TexWorley > ----- Original Message ----- > From: "Andreas Himmelreich" <judgejimmy@web.de> > To: <canslim@lists.xmission.com> > Sent: Saturday, January 12, 2002 3:23 PM > Subject: [CANSLIM] Boucher again ... > > > > Boucher again: Who of you trades internationaly? I do belive that this is > > not really afordable by a private investor below the 2 - 3 Million wall. > > It would mean to search, find and pay databases like Vector Vest or DG > for > > international markets. > > > > I even can not find affordable databases for germany (that, better laws > for > > investor protection and more > > growth firms, better commision rates let me do the trading a 100% in > the > > US, I might buy a european stock, but then > > I its traded as an ADR). > > > > > > - > > -To subscribe/unsubscribe, email "majordomo@xmission.com" > > -In the email body, write "subscribe canslim" or > > -"unsubscribe canslim". Do not use quotes in your email. > > > > > > > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email.
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