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Strategies & Market Trends : Tech Stock Options

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To: jim lee who wrote (53916)9/28/1998 9:17:00 AM
From: Jay Scott  Read Replies (1) of 58727
 
Jim, about that sell signal on CSC.....

The service that posted that signal was active-investor.com. They put it on their site at $71.25 last week before the stock plummeted.

As I've posted before, I primarily use that service combined with P&F charting from Dorsey Wright & Associates (http://www.dorseywright.com). The results have been excellent, to say the least.

Both services are purely technical analysis. I've had enough of what passes for fundamental analysis these days. Active-investor has posted quite a few nice trades for me. They claim that they only post buy or sell signals that have been accurate at least a 75% of the time going back a few years. CSC was just one of the recent ones that has worked out well for me. I like the fact that they are market neutral (like I usually am), so I can access good ideas on both sides of the market.

If you want to check out more about Dorsey, there is a thread on SI dedicated to P&F that has been very helpful. Go to "Point and Figure Charting" to catch the latest.

I think both services are VERY inexpensive relative to the quality of the information that is available. They both also offer free trials.

Let me know how they work for you, Jim. I'm always looking to compare notes on different services.

Regards,

JS
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