RE: [CANSLIM] New Investors needs help... a short story

From: RSCARDAMALIA@EMPIRE.STATE.NY.US
Subject: RE: [CANSLIM] New Investors needs help... a short story
Date: Mon, 4 Aug 2003 14:35:03 -0400

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I'm another newbie to this list and investing in general so you old-timers
will probably get tired of us quickly!

My previous experience has been with mutual funds and the "buy and hold"
philosophy that lost me 50% over 2001 and 2002. I've recently taken more
interest in the market as a friend was turned onto a technical analysis
program called Vector VST. I started doing some exploring on the net and
found many other technical systems which lead me to this group.

I'm assuming the software programs are twists on the same techniques but am
interested in any reviews/recommendations you experts have. My short
research also tells me you can't simply rely on the buy, sell, hold
recommendation of a computer but rather still need to do your own analysis
and "develop your own method". No get rich quick scheme here but the
learning curve seems impossibly high. Have ordered the O'Neil book to start
some reading. Can one expect to grasp enough in a few weeks to begin
investing with a level of confidence?

Bob Scardamalia

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