Hi Gottfried,
You had a good idea. I followed you into Scobey's and spent a while comparing it to DWA. Here's how it looks to me.
The company charts: Scobey's seems to cover more companies, but it is hard to tell. DWA's charts often cover a relatively short period of time. Seems like they start a new page and then we can't see what the last page looked like. Scobey's does the same thing, but they allow you to view previous pages. Both systems are actually pretty lame, they should really have some kind of scrolling mechanism. DWA's charts seem slightly easier to read, sometimes the X's or O's on Scobey's seem to be on the line instead of in the box. DWA puts in some trendlines, sometimes. I didn't see these on Scobey's. Overall, I guess I would give a slight edge to Scobey's.
They both have Industry Charts which are linked to the individual components, a nice feature. Scobey's has more industry groups, and as you pointed out, uses a different source than DWA. Both do just a fair job of correctly classifying companies. Since the only measurable difference here seems to be the number of groups, and I still don't know if it an advantage or disadvantage to have more smaller or less larger groups, I'll call this a draw.
Both sites show the reason for the most recent entry's, todays reversals, and place companies into their respective chart formations.
Beyond that, DWA seems to stand out. I couldn't find the NYSE or OTC Bullish chart on Scobey's. DWA also has his short term indicators, 10WEEK, and HILO. Scobey's doesn't. DWA also has commodities and WEBS, if your into that kind of funky stuff.
Probably the biggest standout on DWA is the ability to create portfolio's. You can have up to five. There is even a trick you can use to create more, but it's a little bit of a pain. I didn't see anywhere on Scobey's the ability to create a portfolio.
Finally, DWA mentions, but doesn't explain, bits and pieces of information called Relative Strength, Momentum, and Trend. In time, I'm sure these would prove useful when they explain how they are calculated and over what period.
Scobey's charges $25 per month and I think DWA does also. However DWA seems to be a little mysterious about what they charge. Some of the features that I mentioned may only be available during the trial or for an additional fee during the subscription. One person on this thread mentioned "$125 for all the goodies." I don't know what that means yet. I E-mailed DWA for some clarification, but they haven't gotten back to me.
What do you think,
bobster |
