Re: [CANSLIM] VectorVest Comments Please

From: RWElmer@aol.com
Subject: Re: [CANSLIM] VectorVest Comments Please
Date: Sun, 20 Jul 2003 00:19:15 EDT
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Hello Roger,

I have been a VectorVest user for about three years now and it has put me in 
full control of my investing. I love the program, and especially love the new 
version. However, if it's within your budget, I think the services that I've 
seen offered at <A HREF="www.cwhcharts.com">www.cwhcharts.com</A> (I believe that it's now called <A HREF="www.breakoutwatch.com">
www.breakoutwatch.com</A>),might be more immediately productive for a CANSLIM investor, as it 
is aligned specifically toward this methodology. You can replicate some of the 
CANSLIM characteristics with VV but it requires either alot of thought and 
refining to do so, or an experienced user who has alot of the tricks down 
already, which is what I was fortunate enough to run across. Even so, there are some 
parts of CANSLIM you'll never be able to approximate with VV. 

I tend to use some CANSLIM concepts, especially on the fundamental side of 
research, but prefer buying off of oversold bounces, as opposed to breakouts. 
Additionally, I like to make up my own sorts in VectorVest depending on what 
Market conditions prevail. The greatest thing about VectorVest to me may also be 
it's biggest turn off to a new user who is not inclined towards tinkering. 
That is that VV gives you awesome flexibility as to how you want to approach the 
Market and gives you the tools to explore your insights to your heart's 
content. This can be a bit daunting or discouraging to some, especially if they try 
some of VV's "canned" strategies first and find them to be less than 
inspiring. I love this flexibility myself, but for a person looking for a proven 
approach that almost automatically focuses you in on the right stocks at the right 
time, then <A HREF="www.breakoutwatch.com">www.breakoutwatch.com</A> is probably a better answer. 

Disclosure: I am not a subscriber to <A HREF="www.breakoutwatch.com">www.breakoutwatch.com</A> nor do I receive 
any compensation for recommending it. I was fortunate enough to be asked to 
review it, however, and I was delighted with the tools they've developed for 
CANSLIM investors. The reviews I've seen on this Board for the product from 
subscribers indicates others feel this way as well. 

Hope that helps.

Robert W. Elmer
Coldwell Banker First Shasta
2837 Bechelli Ln.
Redding, CA 96002
RWElmer@aol.com
221-9556 or 1-800-348-7939 ext.156
www.robertelmer.com

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<HTML><FONT FACE=3Darial,helvetica><FONT  SIZE=3D2 FAMILY=3D"SANSSERIF" FACE=
=3D"Arial" LANG=3D"0">Hello Roger,<BR>
<BR>
I have been a VectorVest user for about three years now and it has put me in=
 full control of my investing. I love the program, and especially love the n=
ew version. However, if it's within your budget, I think the services that I=
've seen offered at <A HREF=3D"www.cwhcharts.com">www.cwhcharts.com</A> (I b=
elieve that it's now called <A HREF=3D"www.breakoutwatch.com">www.breakoutwa=
tch.com</A>),might be more immediately productive for a CANSLIM investor, as=
 it is aligned specifically toward this methodology. You can replicate some=20=
of the CANSLIM characteristics with VV but it requires either alot of though=
t and refining to do so, or an experienced user who has alot of the tricks d=
own already, which is what I was fortunate enough to run across. Even so, th=
ere are some parts of CANSLIM you'll never be able to approximate with VV. <=
BR>
<BR>
I tend to use <I>some</I> CANSLIM concepts, especially on the fundamental si=
de of research, but prefer buying off of oversold bounces, as opposed to bre=
akouts. Additionally, I like to make up my own sorts in VectorVest depending=
 on what Market conditions prevail. The greatest thing about VectorVest to m=
e may also be it's biggest turn off to a new user who is not inclined toward=
s tinkering. That is that VV gives you awesome flexibility as to how you wan=
t to approach the Market and gives you the tools to explore your insights to=
 your heart's content. This can be a bit daunting or discouraging to some, e=
specially if they try some of VV's "canned" strategies first and find them t=
o be less than inspiring. I love this flexibility myself, but for a person l=
ooking for a proven approach that almost automatically focuses you in on the=
 right stocks at the right time, then <A HREF=3D"www.breakoutwatch.com">www.=
breakoutwatch.com</A> is probably a better answer. <BR>
<BR>
Disclosure: I am not a subscriber to <A HREF=3D"www.breakoutwatch.com">www.b=
reakoutwatch.com</A> nor do I receive any compensation for recommending it.=20=
I was fortunate enough to be asked to review it, however, and I was delighte=
d with the tools they've developed for CANSLIM investors. The reviews I've s=
een on this Board for the product from subscribers indicates others feel thi=
s way as well. <BR>
<BR>
Hope that helps.<BR>
<BR>
<B>Robert W. Elmer<BR>
Coldwell Banker First Shasta<BR>
2837 Bechelli Ln.<BR>
Redding, CA 96002</B><BR>
</FONT><FONT  COLOR=3D"#0080ff" style=3D"BACKGROUND-COLOR: #ffffff" SIZE=3D2=
 FAMILY=3D"SANSSERIF" FACE=3D"Arial" LANG=3D"0"><B>RWElmer@aol.com</FONT><FO=
NT  COLOR=3D"#000000" style=3D"BACKGROUND-COLOR: #ffffff" SIZE=3D2 FAMILY=
=3D"SANSSERIF" FACE=3D"Arial" LANG=3D"0"></B><BR>
</FONT><FONT  COLOR=3D"#0000ff" style=3D"BACKGROUND-COLOR: #ffffff" SIZE=3D2=
 FAMILY=3D"SANSSERIF" FACE=3D"Arial" LANG=3D"0"><B>221-9556 or 1-800-348-793=
9 ext.156</FONT><FONT  COLOR=3D"#000000" style=3D"BACKGROUND-COLOR: #ffffff"=
 SIZE=3D2 FAMILY=3D"SANSSERIF" FACE=3D"Arial" LANG=3D"0"></B><BR>
</FONT><FONT  COLOR=3D"#800080" style=3D"BACKGROUND-COLOR: #ffffff" SIZE=3D2=
 FAMILY=3D"SANSSERIF" FACE=3D"Arial" LANG=3D"0"><B>www.robertelmer.com</B></=
FONT></HTML>

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