|
PureBytes Links
Trading Reference Links
|
Hi Gene.
When did you stop taking Investors Intelligence?
Whatever happen to them?
Bud Fox
Gene Ricci wrote:
Andreas,
I am looking at this myself and collected the following information: Here's
what I was sent.Gene Website:
http://www.dorseywright.comWebsite:
http://www.stockcharts.com/
(free P&F charts)*****************************************Gene,
I'm a P&F guy from way back. I have subscribed to Investors Intelligence
since '87, and I check Dorsey's CNBC site daily. I don't sub to his full
service though a friend does. We have an arrangement whereby we send each
other parts of services so I hear from Dorsey in one way or another
almost daily. What is your interest?
****************************That
is a very good service, very experienced and knowledgeable. dorsey spoke
at the washington conference, A money mangager who uses his service
is Kieran loughman, in Plymouth Mass, who is a member (inactive)
of the Boston User Group, and who spoke at the Clearwater school.
On P&F.
1. Read Dorsey's book, a good
read even if you do not do the work.
2. understand that the basis for dorsey
is investor's intelligence, chartcraft of New York.
3. FastGraph by the Hucks, Edgeware,
has very nice PF graphs. reads FT data directly, Kieran saw this
product, and liked it. It changes box size within the graph at the
proper price points without having to be told what to do. (at least
I think it does, haven't used it in a long time.)
I am not expert with pF but familiar with
it and understand it. It is not perfect. A lot of people hate
it, just not techy enough. But it does work. and does give
some very good signals.
*************************************Gene,
I first subscribed to Chartcraft about five years ago to get the bullish%
information on NYSE and sectors. About the same time I read Tom Dorsey's
book, he explained the bullish % in his book and how he has used it for
market timing. He say's it has not failed him in 15 years, although he
does not go completely out of the market at bad times. Dorsey
has taken Chartcraft info into the computer world. For years Dorsey served
only the brokerage/institution markets with his service at $500 + per month.
He then introduced a reduced service for retail(about 2yrs ago). The mutual
fund point & figure info is $25.00 per month which I don't use. This
does not include Bullish%'s, if you want those then you pay another $10/mo,
or total of $35/mo., which is what I pay since I want the Bullish%'s. The
stocks P&F are priced separately and I don't remember that price. This
is paid quarterly. I
use the information for market timing of NYSE & OTC, and to follow
the turns in the Sectors, it works very well for me and is worth the $35/mo
that I pay for it. Sometimes his site is slow and the updates were late
sometimes. But they are continually improving the service and these irritations
seem to be going away. I might add that he has a large service business
with the brokerage part, so he will be there and has sufficient capital
to keep up with the future. He has a lot more that I do not use that might
be of interest to you. I
suggest you read his book(someone has mine so don't have the title) .***************************************************
|