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Biotech / Medical : Caprius(CAPR), Breast MRI(former ANMR/MAMO)
CAPR 6.0700.0%3:59 PM EST

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To: luis a. garcia who wrote (2577)8/11/1998 5:57:00 PM
From: Kenneth Xavier  Read Replies (2) of 2615
 
Luis, For the past 1 1/2 years or so, I subscribed to two newsletters using T/A with lots of buying and selling, only to win some and loose some. In past years I normally kept a majority of funds in Fidelity's aggressive Mutual Funds and did quite well, however just a little boring. To make a long story short looking back at the funds I would have normally been invested in, I would have gained about 50% during the past 1 1/2 years instead of just breaking even. Needless to say I have abandoned thinking about using T/A in the near future. I'm going back to boring.. Fidelity launched their Technoquant Growth Fund during about the same time frame using T/A (keep in mind they have the smartest of managers and best software available) only to produce very mediocre results compared to their other aggresssive growth funds based on fundamental research. I don't think T/A is the way to go IMO but I know you really enjoy it. Ken
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