SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Technical Analysis- Indicators & Systems

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: TechTrader42 who wrote (1562)6/16/1997 6:14:00 PM
From: Bruce A. Bowman   of 3325
 
From what I gather, fund managers buy research from some source, perhaps within the same fund family as happens at Janus Funds or Fidelity or perhaps a separate company. Either way the fund has to pay for the research it uses. The research is typically very mechanical and based on sifting thru data and applying proven screens for finding candidates that are acceptable to the fund based the funds articles of incorporation and prospectus. They may add interviews, but that gets factored into the screens. The data they're sifting is probably fundamental, but the process is technical. So whether Ralph or any of his cohorts recognize it or not, they're applying TA. Now how's that for a convolution that Mr. Wanger never intended?! :-)

re: "No mutual fund manager who relies on market timing has kept his job for fifteen years."... what a safe statement! The argument is inapplicable to any manager that used TA who lasted more or less than 15 years, but not exactly fifteen years. This guy must have spent a few years writing advertising copy!

Yeah, I think door stops... in someone elses house! :-)

Bruce
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext