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To: Carl Worth who wrote (49886)11/26/2003 1:27:10 PM
From: BWAC  Respond to of 53068
 
<with each stock given an equal position, rather than the way the index is weighted, would now be at an all time high, so whereas the big stocks skewed the averages to the upside in the late 90's, they have held the indexes back more recently...as such, the underlying market is actually much stronger than it appears>

I'd agree with that.



To: Carl Worth who wrote (49886)11/26/2003 3:51:47 PM
From: E.J. Neitz Jr  Respond to of 53068
 
Thanks everyone for your comments on the article.
First, I disregard the % claim made. What interests me is the basic logic, specifically free cash flow. It would seem that utilizing this approach, for a dollar cost average in longer term hold portfolio, could produce good results for a patient investor. For a trader, it probably isn't applicable. Anyway, I would not subscribe to this service, but may try to adopt some form of his methodology. Have a great Thanksgiving everyone. Lets be thankful for what we each have living in this great country, and were not born in say Bangladesh etc.