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Non-Tech : Dorsey Wright & Associates. Point and Figure -- Ignore unavailable to you. Want to Upgrade?


To: Tommy Dorsey who wrote (4673)1/11/2000 10:40:00 AM
From: arno  Read Replies (1) | Respond to of 9427
 
Tom,

I wasn't aware of Wallstreetcity.com until you mentioned it. I took a quick look and it does look promising.

As for TSCM, I agree that what they offer for a price is now a free commodity on the net. Also, as Rich1 said, I believe Cramers' credibility problems have also hurt their image.

They definitely need to offer something other than "commentary". As the internet matures and the retail investor becomes more sophisticated and educated, these people (TSCM) become just another drop in an ocean of opinions.

I haven't a clue to what they could offer that isn't already available somewhere else. Maybe they're a good FA short?

arno



To: Tommy Dorsey who wrote (4673)1/11/2000 10:52:00 AM
From: nohalo  Respond to of 9427
 
I'm a frequent visitor to your thread, and respect and admire the people who post here. My New Year's resolution is to really learn P&F, and benefit from it. I'll be subscribing soon.
I am a subscriber to street.com and wallstreetCity. To tell you the truth, I rarely refer to them now, because their news is available in much better format on many other sites, and their analysis leaves a lot to be desired. I have learned and benefitted from SI, and this thread, esp. the princess, and the whole group of regular posters.
If you are looking at starting an advisory service, count me in.

DA



To: Tommy Dorsey who wrote (4673)1/11/2000 10:57:00 AM
From: Jerry Olson  Respond to of 9427
 
Hi Tommy

News is free everywhere..noone should charge for that...and several other sites are not really offering what DWA site does...

i've been there and done that for 3-4 years..newsletters, option advisors etc...

DWA has the ticket...even for the cheap seats, there is a wealth of info to help trade the markets...

what with all the recent upgrades, that i felt were necessary to be competitive with other sites..i feel the site is "worth" the price...

and i might add..the $25.00 number is just about what other good sites are charging...

Tommy is very smart to watch and see what other pay sites are giving, so you can top them..very important...

the public is very fickle...heck look at me<G>...

i would be looking forward to any option help on the site...whatever that might be...

enjoying this wonderful ride, trading with more and more confidence..and have completely illimnated the noise...

the charts and indicators.."DO NOT LIE"....

REGARDS GUY...
and tell everyone at DWA they are one hell of a group...



To: Tommy Dorsey who wrote (4673)1/11/2000 11:03:00 AM
From: Rae  Respond to of 9427
 
Tom: I also subscribed to Wall Street City a couple of years ago. I dropped my subscription when the same information they provided became more and more available on the net....and was free. Besides, their site was very slow and hard to navigate. I dropped everything I subscribed to after finding Dorsey Wright.



To: Tommy Dorsey who wrote (4673)1/11/2000 11:11:00 AM
From: Lost1  Respond to of 9427
 
The difference in approach is that as P&F folks we are able to interpret and make our OWN decisions. Someone can suggest something, but we decide based on our interpretation. It's our responsibility...it's our $$$. We don't rely on so-called gurus in P&F and that has us ahead of the game IMO.

Cramer is funny though. I kind of like his style...He's an entertainer: just like Stern, Limbaugh, and Ventura.



To: Tommy Dorsey who wrote (4673)1/11/2000 11:18:00 AM
From: Gottfried  Respond to of 9427
 
Tom, I use WallstreetCity.com for free RT quotes and RT intraday charts. I have found that WSCity often has company news items other services don't carry. But I don't use their subscription services, even though they have many worthwhile screens.

A provider of a service like yours would do well to study
WSCity - even though they don't do PnF.

Regards Gottfried



To: Tommy Dorsey who wrote (4673)1/11/2000 11:27:00 AM
From: sanke  Read Replies (1) | Respond to of 9427
 
the only reason i maintain my current street.com subscription is that i get it at a reduced rate through schwab; based on yesterday's announcement, it seems i'll now be getting what i use for free! regardless of where i obtain the research, quotes, and discussion i rely on to trade (the drops i watch from intelligentspeculator, for the updates and commentary), i never trade without first developing or confirming ideas at your site.

the fact is, cramer can be an amusing sidebar to the market's movement, but he's useless when it comes to calling 3-box reversals.



To: Tommy Dorsey who wrote (4673)1/11/2000 11:36:00 AM
From: Ms. X  Respond to of 9427
 
I think Rich hit it perfectly when he said Cramer has a credibility problem. I also notice he isn't on CNBC anymore - or perhaps I've missed him which just bums me out let me tell you... (little sarcasm there).

It seemed his clientele were more of the trading genre and there are plenty of sites willing to give stock picks for free. I think some of his calls weren't that good and he lost face. He was also on SI slamming people not helping which doesn't give people warm fuzzies.

I think all this over time has an effect on his business. I don't look at theStreet.com as I never saw any information worth having over there. SI does a better job than they do.

There are always going to be people who want stock picks for free and an easy ride but the reality is that if you do not fully understand why you are in a position you will never understand how to get out of a position. I'm finding most want to learn how to invest and theStreet doesn't provide this kind of information.

They were one in a thousand sites doing the same thing. The SEC is coming donw on these folks too. Did you see the article on Tokyo Joe?



To: Tommy Dorsey who wrote (4673)1/11/2000 12:12:00 PM
From: Rich1  Respond to of 9427
 
You are right other than Cramer's opinions most of the news they provided was available elsewhere for free. I also don't know how much you can respect Cramer's opinion in light of his track record and how he appears the "clown" on CNBC.I probably would have stayed with them had they not raised the price. It just brought to mind I was paying for something I didn't really need.



To: Tommy Dorsey who wrote (4673)1/12/2000 2:51:00 PM
From: The Phoenix  Read Replies (1) | Respond to of 9427
 
Hey there Tommy,

I agree, I think it's a difficult thing to sell opinions because everyone has them. Fundamental analysis can be spun so many ways simply dependent on one's own biases and experience. So, when HG or Cramer take strong positions perhaps 50% of the investment community agree and another 50% think they're boneheads. I think this is due to the fact that they only present one view of looking at a story...perhaps that's because that's the only view they have although I doubt it.

That being said fundamental analysis is worth it's weight in gold if it comes from a consistent and accurate source which does a good job of presenting all the possibilities and from that deriving an opinion. The problem with TSC is that there is too much pontificating and too much of "it's my way or the highway" attitude. It appears to me that the best mix is a good fundamental analysis rooted in an understanding of the business which clearly articulates area's of promise and area's of concern which should be carefully watched. Layered on top of this is technicals which identifies entry and exit points and again critical inidicators to watch.

In all, fundamentals is only good (I believe) for identifying good sectors and within them companies that have the right plans and execution to capitalize on the growth...but even after this a good analysis will point out the sign posts to look for along the way. Red flags that should go up providing readers with the tools they need to succeed.

Technicals identify when is the right time to enter and exit these promising investments in order to generate the greatest return on investment.

TSC is a bunch of hand waving and pontificating and unfortunatly they're wrong too often and therefore the credibility problem.

Good Luck on your quest!

OG



To: Tommy Dorsey who wrote (4673)1/13/2000 9:30:00 AM
From: Hardline  Read Replies (1) | Respond to of 9427
 
thestreet.com

Why buy the cow if you can get the milk for free.

Hardline