From: Spencer48@aol.com
Subject: Re: [CANSLIM]New Member
Date: Fri, 22 Mar 2002 12:54:02 EST
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Bill:
I use both and could not add to anything Tom
( "Hi Bill, and welcome to the group I have never used TC2000, so can't
comment on comparisons. But I have been using WON products for well over 12
years, so am comfortable with them and would hate to stop my access. DGO
gives me an array of data, and has largely eliminated my due diligence
efforts. Since you are already familiar with what you get from TC2000, why
not take a trial on DGO and see for yourself if it helps you." )
or Katherine ( "Welcome! I use DGO (DailyGraphs) so can speak to my
personal reasons for choosing DGO over TC2000-- -DGO includes the O'Neil
proprietary indicators such as EPS, SMR, RS, Timeliness, etc. -DGO includes a
bevy of fundamental indicators along with the technical Price/Volume action
on a 2 page chart for each stock.
-DGO indicates significant developments that can affect the stock price such
as company stock buy-backs, etc.
-DGO includes indicators for actions that O'Neil considers significant such
as primary/secondary stock offerings, articles in major publications, etc.
-the new beta includes a far more comprehensive set of filtering/scanning
capabilities than does the current version and allows you to find stocks
meeting certain fundamental, technical and/or proprietary ranking criteria.
- -if you are a CANSLIMer in the traditional sense and utilize the proprietary
rankings, an alternative is to use the IBD site to look them up, but the
tools there are far more limited than DGO, forcing you to look up each
individual stock. For someone who uses technicals extensively, TC2000 is a
far better technical package than DGO. There are quite a few on the list who
use it and can list their reasons for choosing it over DGO." )
say as to the advantages vs. disadvantages of one or the other. TC2000
provides a lot of methods of scanning, but DG's daily graphs are without peer
(The day's volume and price action seem to shoot out at you; for some reason,
TC's weekly graphs are more readable to me-perhaps because I've been relying
on DG daily chart for so long-so by comparison TC's daily charts seem
lacking. I rarely use the DG Beta version for that reason: It's unneccessary
usually, and I don't need any more superfluous information). Moreover, as
Tom and Katherine observe, DG has a lot of fundamental information on stocks
right there on the graph. I think Tom has the best idea, since only you know
what value to place on things, why not try DG and see how it compares with TC?
jans
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