Re: [CANSLIM] 52-weeks hi/low versus industry group ranking

From: Tomas <tomas986@yahoo.com>
Subject: Re: [CANSLIM] 52-weeks hi/low versus industry group ranking
Date: Mon, 14 Jul 2003 21:16:20 -0700 (PDT)

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Gene,

Yea, I am beginning to realize that.  With Katherine's
comprehensive answer and your confirmation, I will not
use IBD's group ranking anymore (not that I was using
it heavily before anyways).

thanks,
tomas

- --- Gene Ricci <genr@swbell.net> wrote:
> Tomas, I have found that IBD's industry rankings to
> be too slow to be of any worth... other than to get
> you into a hot industry later than other services
> (HGSI and VectorVest) and keeping you there long
> after you should have exited. Of the three:
> 1) VectorVest - fastest 
> 2) HGSI - not quite as fast 
> 3) IBD/DGO - too slow to be used for 'tops down'
> approach (my opinion)
> 
> Gene
>   ----- Original Message ----- 
>   From: Tomas 
>   To: canslim canslim 
>   Sent: Sunday, July 13, 2003 11:07 PM
>   Subject: [CANSLIM] 52-weeks hi/low versus industry
> group ranking
> 
> 
>   I noticed that there is a big discrepancy between
> the
>   52-weeks hi/low and industry group ranking in IBD.
> 
>   Looks like Internet-Content group has been ranked
> 1
>   for for the last few weeks.  However, most of the
>   stocks making new highs report in the 52-weeks
> hi/low
>   is in the medical, banks and business svc groups. 
> Why
>   is that?  Is the group ranking way off?
> 
>   Regards,
>   tomas
> 
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