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To: Donald McRobb who wrote (7)8/19/1996 1:24:00 AM
From: cc rogers   of 36
 
Problem with your solution: most of us don't concentrate our interest in Canadian or penny stocks...and we shouldn't. Core holdings need to be NYSE or the top 10 on AMEX or NSDQ..then dabble. I agree with the comment on info overload, and how to organixe it. It takes hours of my time, but on Excel I made my own chart with my own parameters and check IBD only on Friday for P/E and momentum assesment. This is labor intensive and it may take 4-6 weeks before I feel confident enough to place a buy order. Then I place the order at the low posted 2-3 weeks ago, or about 5% less than current bid. This is not very conventional, but so far is working when I truly stick to my own advise. Unfortunately, I follow my heart and not my head on occasion. I'm FINALLY learning that the heart is never wiser than the head, at least not in the stock market.
One more thing...when I first began 'doing my own thing,' friends strongly reccommended the Individual Investor. It cost me dearly and quickly. I NEVER follow its advice anymore, but do track some of their picks. Now I believe the magazine is PAID for each and every reccommedation. Subscriber beware!!
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