Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: upanddown who wrote (26987)	8/4/1998 10:20:00 AM
From: Gottfried	of 95453

John, [edited] you said >VectorVest certainly throws off some mixed signals. < Yes, they do. It is best to look at their charts, which show a continuously varying stop-loss price. I'm not a subscriber but have used their trial twice in as many years now (about $30 for 5 weeks). I'm also not sure if the value calculation accounts for the differences between industries - probably not. In which case one could still look at relative valuation of stocks in the same industry. VV is not a method to use unthinkingly, but appeals to me because it is consistent and logical. Being aware of the limitations I may yet subscribe. (they have daily and the cheaper weekly updates). The stop-loss will whipsaw you occasionally, but that may be better than accepting 50% losses (example: drillers) by ignoring the signal. Gottfried

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