Go to Jeff Salisbury LWGate Home Page.From: "Tim Katona" <tkat17@earthlink.net>
Subject: [CANSLIM] VectorVest - Too good to be true?
Date: Fri, 21 Mar 2003 17:55:23 -0800
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This is a multi-part message in MIME format. - ------=_NextPart_000_0000_01C2EFD3.0B975440 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: 7bit Hi, I just attended a VectorVest free 4 hour seminar on ProGraphics v6.0 and ProTrader. I have never used VectorVest. Interesting stuff, I'm getting the five week trial to get some experience using it. Mark Blake from VectorVest described how by using the portfolio manager that since 2/7/01 using MTI (market timing indicator) crossing over the +1.5 and -.5 lines, "c-notes, hooks and sinkers" strategy plus "jubilee" strategy (canned strategies with program) you 'could have' gained 4,000+% in the last 2 years with an 82% success rate! With other devices (leaps, etc) one could have achieved 87,000% gains! Back testing easily shows that this could have been done. I know there are a few VectorVest users on this list and I'd like to hear your experience. To me, there are some interesting tools but this sound 'too good to be true." Why do I need anything else, why not just use their canned strategies (which one, I'm not sure except for the ones mentioned above)? Why not use their MTI, buy, sell, hold recommendations for shorting, going long? Have you achieved these kind of gains and success rates? Does the theory match your actual experience and practice? What are the real positives and negatives of VectorVest? Can VectorVest complement CANSLIM or are they completely separate approaches ? With a $645 cost and these kind of returns the ROI would be great. With some daily programming I could sit by the pool and watch the money roll in! (I wish.) Thanks in advance for your time and efforts. Tim - ------=_NextPart_000_0000_01C2EFD3.0B975440 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable <!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> <HTML xmlns:o =3D "urn:schemas-microsoft-com:office:office"><HEAD> <META http-equiv=3DContent-Type content=3D"text/html; = charset=3Diso-8859-1"> <META content=3D"MSHTML 6.00.2800.1141" name=3DGENERATOR> <STYLE></STYLE> </HEAD> <BODY bgColor=3D#fffcf0> <DIV><FONT face=3DTahoma size=3D2><SPAN=20 class=3D859041501-22032003>Hi,</SPAN></FONT></DIV> <DIV><FONT face=3DTahoma size=3D2><SPAN class=3D859041501-22032003>I = just attended a=20 VectorVest free 4 hour seminar on ProGraphics v6.0 and ProTrader. I have = never=20 used VectorVest. Interesting stuff, I'm getting the five week trial to = get some=20 experience using it.</SPAN></FONT></DIV> <DIV><FONT face=3DTahoma size=3D2><SPAN=20 class=3D859041501-22032003></SPAN></FONT> </DIV> <DIV><FONT face=3DTahoma size=3D2><SPAN class=3D859041501-22032003>Mark = Blake from=20 VectorVest described how by using the portfolio manager that since = 2/7/01=20 using MTI (market timing indicator) crossing over the +1.5 and -.5 = lines,=20 "c-notes, hooks and sinkers" strategy plus "jubilee" strategy (canned = strategies=20 with program) you 'could have' gained 4,000+% in the last 2 years with = an 82%=20 success rate! With other devices (leaps, etc) one could have achieved = 87,000%=20 gains! </SPAN></FONT><FONT face=3DTahoma size=3D2><SPAN=20 class=3D859041501-22032003>Back testing easily shows that this could = have been=20 done. </SPAN></FONT></DIV> <DIV><FONT face=3DTahoma size=3D2><SPAN=20 class=3D859041501-22032003></SPAN></FONT> </DIV> <DIV><FONT face=3DTahoma size=3D2><SPAN class=3D859041501-22032003>I = know there are a=20 few VectorVest users on this list and I'd like to hear your experience. = To me,=20 there are some interesting tools but this sound 'too good to be=20 true." Why do I need anything else, why not just use their = canned=20 strategies (which one, I'm not sure except for the ones mentioned = above)? Why=20 not use their MTI, buy, sell, hold recommendations for shorting, going = long?=20 Have you achieved these kind of gains and success rates? Does the theory = match=20 your actual experience and practice? What are the real positives and = negatives=20 of VectorVest?</SPAN></FONT></DIV> <DIV><FONT face=3DTahoma size=3D2><SPAN=20 class=3D859041501-22032003></SPAN></FONT> </DIV> <DIV><FONT face=3DTahoma size=3D2><SPAN = class=3D859041501-22032003>Can VectorVest=20 complement CANSLIM or are they completely separate=20 approaches ?</SPAN></FONT></DIV> <DIV><FONT face=3DTahoma size=3D2><SPAN=20 class=3D859041501-22032003></SPAN></FONT> </DIV> <DIV><FONT face=3DTahoma size=3D2><SPAN class=3D859041501-22032003>With = a $645 cost=20 and these kind of returns the ROI would be great. With some daily = programming I=20 could sit by the pool and watch the money roll in! (I = wish.)</SPAN></FONT></DIV> <DIV><FONT face=3DTahoma size=3D2><SPAN=20 class=3D859041501-22032003></SPAN></FONT> </DIV> <DIV><FONT face=3DTahoma size=3D2><SPAN = class=3D859041501-22032003>Thanks in advance=20 for your time and efforts. </SPAN></FONT></DIV> <DIV><FONT face=3DTahoma size=3D2><SPAN=20 class=3D859041501-22032003>Tim</SPAN></FONT></DIV></BODY></HTML> - ------=_NextPart_000_0000_01C2EFD3.0B975440-- - - - -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] more breakouts Ian
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