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Strategies & Market Trends : VectorVest Prographics

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To: Les H who wrote (16)10/15/1997 9:45:00 PM
From: jaytee   of 140
 
Les: Also, on your first 3 mentions (seg wdc qntm) all 3 look like good VALUES on VV. They all rated poor on rist (safety) . And timing was bad for the first 2 , as well.

But, only QNTM was a buy. I know you said they seasonally bottom this time of year. Did that translate into VV's low marks on safety? It's waiting for further trending down/sideways?

What did it see different in QNTM?
Is there something in the charts that I could look at to see why?

I'm trying to understand something that you already know. I know that VV is only a screening device. But have you learned its tendencies over a period of time, to know what is still acceptable to you . . . even though it doesn't tickle VV's fancy?

It seems to put alot of weight on "timing". Sometimes enough to overcome mediocre to poor ratings in both the value category and safety.

It sounds like there is a "feel" one must acquire, here. It seems like its kind of like baseball. You can take direction from a world class batting coach. And learn to RECOGNIZE and SELECT nothing but the best from the offerings ( pitches) coming at you. Teaching, fundamentals, practice and theory will get you to this point.

But you have to have that 6th sense, that inexplicable "feel" or "touch" that can't be taught. . . .when you shorten up your stroke and send that high hard one DOWNTOWN . . . into the bleachers.

A pitch that many let go by . . . or some lamely swing at it . . . almost defensively. Because they WAITED TOO LONG to jump all over it.

THEY DIDN'T RECOGNIZE THEIR OPPORTUNITY! So, they miss out, plop back down on the bench muttering about their prolonged slump. Which, of course , is a run of"bad luck".

So, would you agree with that analogy Les? If so, would you mind sharing a few "tips" with us rookies from the minors, so that we can "make the cut".

Jaytee

By the way, Cleveland Indians in 6 games.
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