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Strategies & Market Trends : Fidelity Select Sector funds -- Ignore unavailable to you. Want to Upgrade?


To: Bernie Kaplan who wrote (394)11/9/1997 1:59:00 PM
From: Dennis  Respond to of 4916
 
Bernie, Thanks for explanation

You write: The actual holding periods of each subscriber,
therefore, is something that I cannot possibly take into account. What I can tell
them, however, is that based on my last Buy signal, and my current reading of the
charts, now is a good time to sell and lock in profits.

This explains it clearly. If one is to follow your advice it would make the most sense to be in sync with BOTH your buy and sell signals.
Otherwise it is up to the individual to decide whether your signals should be followed depending upons their profit level. This makes sense.

I don't think I agree with you when you say you withhold some information in order to deliver it to all members at the same time. I would think that you would want to deliver important info to as many as possible as soon as possible. It is the member's responsibility to get to your info as soon as possible. Please reconsider this strategy.

Your newsletter is another tool to be used in the struggle and is much appreciated.

Thank you for your time and concern,

Dennis



To: Bernie Kaplan who wrote (394)11/9/1997 2:18:00 PM
From: Money Mood  Read Replies (1) | Respond to of 4916
 
Bernie, this is JMO on your last post about the urgent but delayed "sell" recommendation to different types of subscribers. I believe this is the responsibility of a subscriber to get a signal from you and react on it. Those who subscribe for the first class mail are (or should be) perfectly aware of the higher risk they run because of the mail delivery time. Market does not wait! Deciding not to issue urgent signal to ALL subscribers on time you put EVERY subscriber in a dangerous position and risk of not selling on time. Mail subscribers should call your hot-line or get your update two days later. As well as e-mail subscribers should check their e-mail in the morning - or miss out... But the signals should be issued as soon as possible.

Just my opinion.

Viktor.

P.S. Could you recommend a good book on sector funds trading principles and techniques?