Go to Jeff Salisbury LWGate Home Page.From: "Tom Worley" <stkguru@bellsouth.net>
Subject: Re: [CANSLIM] Why Professionals go astray
Date: Tue, 3 Sep 2002 22:06:30 -0400
Next Article (by Date): RE: [CANSLIM] Why Professionals go astray "Fred Richards"
Top of Thread: RE: [CANSLIM] Why Professionals go astray "Fred Richards"
Next in Thread: RE: [CANSLIM] Why Professionals go astray "Fred Richards"
Articles sorted by: [Date]
[Author]
[Subject]
This is a multi-part message in MIME format. - ------=_NextPart_000_0111_01C25396.285F76E0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Wyndy, I won't tell you to believe or not, that's your choice. All I am = saying is that 10 years ago, when I was receiving institutional services = from WON, along with faxed picks, the performance data existed. Since I = no longer enjoy those services, I don't know if they are available to = any clients of WON, or not, but suspect they are. Maybe you should write IBD/DGO (whichever service you take) and ask them = to provide some performance data, and see what they say. Why don't they advertise the performance of WON, and his picks? Probably = for the same reasons they eventually got away from having small retail = oriented brokerage firms as institutional clients, too many brokers = never bothered to learn the philosophy of CANSLIM, rather were just = salesmen promising returns and guarantees they could not deliver because = they didn't know what they were really doing. Yet it was WON that got = the complaints from the clients of the firm, not the broker that was = poorly using the tools available to him. Dealing strictly with institutional investors with live picks and = similar data is far safer, you are dealing with professionals, and if = they abuse the data provided they have no one to blame but themselves. - ----- Original Message -----=20 From: Cwyndham@aol.com=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, September 03, 2002 9:48 PM Subject: Re: [CANSLIM] Why Professionals go astray In a message dated 9/3/2002 7:35:47 PM Central Daylight Time, = stkguru@bellsouth.net writes: Katherine, as late as 1992, I still had access to the big maroon books = with five year, log charts from WON services. In the front of those books = was a 20 or so year chart of his picks vs the major indexes, along with = yearly performance compared to those same indexes . Tom, What I see here is that 10 years ago you saw a 20 year old chart. = I don't understand what I'm missing. If the data is good why don't they = publish it. It's hard to be told that everyone in the business is bad = and the numbers are no good but when I ask a direct question I get "you = just got to believe." Again, are you folks pulling my leg? Wyndy - ------=_NextPart_000_0111_01C25396.285F76E0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable <!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> <HTML><HEAD> <META http-equiv=3DContent-Type content=3D"text/html; = charset=3Diso-8859-1"> <META content=3D"MSHTML 6.00.2719.2200" name=3DGENERATOR> <STYLE></STYLE> </HEAD> <BODY bgColor=3D#ffffff> <DIV><FONT face=3DArial>Wyndy, I won't tell you to believe or not, = that's your=20 choice. All I am saying is that 10 years ago, when I was receiving = institutional=20 services from WON, along with faxed picks, the performance data existed. = Since I=20 no longer enjoy those services, I don't know if they are available to = any=20 clients of WON, or not, but suspect they are.</FONT></DIV> <DIV><FONT face=3DArial></FONT> </DIV> <DIV><FONT face=3DArial>Maybe you should write IBD/DGO (whichever = service you=20 take) and ask them to provide some performance data, and see what they=20 say.</FONT></DIV> <DIV><FONT face=3DArial></FONT> </DIV> <DIV><FONT face=3DArial>Why don't they advertise the performance of WON, = and his=20 picks? Probably for the same reasons they eventually got away from = having small=20 retail oriented brokerage firms as institutional clients, too many = brokers never=20 bothered to learn the philosophy of CANSLIM, rather were just salesmen = promising=20 returns and guarantees they could not deliver because they didn't know = what they=20 were really doing. Yet it was WON that got the complaints from the = clients of=20 the firm, not the broker that was poorly using the tools available to=20 him.</FONT></DIV> <DIV><FONT face=3DArial></FONT> </DIV> <DIV><FONT face=3DArial>Dealing strictly with institutional investors = with live=20 picks and similar data is far safer, you are dealing with professionals, = and if=20 they abuse the data provided they have no one to blame but=20 themselves.</FONT></DIV> <DIV><FONT face=3DArial></FONT> </DIV> <DIV style=3D"FONT: 10pt arial">----- Original Message -----=20 <DIV style=3D"BACKGROUND: #e4e4e4; font-color: black"><B>From:</B> <A=20 title=3DCwyndham@aol.com = href=3D"mailto:Cwyndham@aol.com">Cwyndham@aol.com</A>=20 </DIV> <DIV><B>To:</B> <A title=3Dcanslim@lists.xmission.com=20 href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>= </DIV> <DIV><B>Sent:</B> Tuesday, September 03, 2002 9:48 PM</DIV> <DIV><B>Subject:</B> Re: [CANSLIM] Why Professionals go = astray</DIV></DIV> <DIV><BR></DIV><FONT face=3Darial,helvetica><FONT lang=3D0 face=3DArial = size=3D2=20 FAMILY=3D"SANSSERIF">In a message dated 9/3/2002 7:35:47 PM Central = Daylight Time,=20 <A href=3D"mailto:stkguru@bellsouth.net">stkguru@bellsouth.net</A> = writes:<BR><BR> <BLOCKQUOTE=20 style=3D"PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #0000ff 2px = solid; MARGIN-RIGHT: 0px"=20 TYPE=3D"CITE"><BR>Katherine, as late as 1992, I still had access to the = big=20 maroon books with<BR>five year, log charts from WON services. In the = front of=20 those books was a<BR>20 or so year chart of his picks vs the major = indexes,=20 along with yearly<BR>performance compared to those same=20 indexes</BLOCKQUOTE>.</FONT><FONT lang=3D0 style=3D"BACKGROUND-COLOR: = #ffffff"=20 face=3DArial color=3D#000000 size=3D2 = FAMILY=3D"SANSSERIF"><BR><BR></FONT><FONT lang=3D0=20 style=3D"BACKGROUND-COLOR: #ffffff" face=3DArial color=3D#000000 = size=3D2=20 FAMILY=3D"SANSSERIF">Tom, What I see here is that 10 years ago you = saw a 20=20 year old chart. I don't understand what I'm missing. If the data is good = why=20 don't they publish it. It's hard to be told that everyone in the = business is bad=20 and the numbers are no good but when I ask a direct question I get "you = just got=20 to believe."<BR><BR>Again, are you folks pulling my=20 leg?<BR><BR>Wyndy<BR><BR></FONT><FONT lang=3D0 = style=3D"BACKGROUND-COLOR: #ffffff"=20 face=3DArial color=3D#000000 size=3D2=20 FAMILY=3D"SANSSERIF"><BR><BR></FONT></FONT></BODY></HTML> - ------=_NextPart_000_0111_01C25396.285F76E0-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email.
Next Article (by Date): RE: [CANSLIM] Why Professionals go astray "Fred Richards"
Top of Thread: RE: [CANSLIM] Why Professionals go astray "Fred Richards"
Next in Thread: RE: [CANSLIM] Why Professionals go astray "Fred Richards"
Articles sorted by: [Date]
[Author]
[Subject]