Mark,
Sorry for the delay, I have not been to SI for a long time.
I appreciate your comments, but I do not completely agree. I know DeepInsight has serious flaws. The models are very unstable, especially in a volatile market. I simply use it as a guide, not a program to trade with. I have always picked stocks based on fundamentals. Over the long haul this has been a good strategy, but I missed many great opportunities in the recent tech runup. If I traded stocks based on technical analysis, maybe I would have caught more of the tech run. I just wanted an inexpensive and easy way to gauge an entry and exit point for stock picks without fundamental analysis. In general, DeepInsight does an OK job with this. I never buy or sell a stock when DeepInsight says to, but I have gotten much better entry prices on some stocks because of the program.
I don't agree with your statements about low income investors. I've traded stocks for over 5 years and have done very well. I made some big mistakes but lost very little since I didn't invest much. If more people would learn how to invest when they don't have much money, they would know what to do when they starting making a lot of money. In general you are correct, I think all investors should keep a large percentage of their savings in mutual funds and leave it. Most of my savings is in mutual funds.
I am very interested in Bulltrack. I'll try it out sometime soon.
Regards,
Styphi |
