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Pastimes : John Dessauer's Investors World -- Ignore unavailable to you. Want to Upgrade?


To: Wren who wrote (1942)12/17/1998 12:44:00 AM
From: Wolf 2  Read Replies (1) | Respond to of 2346
 
Wren:

I believe that this is especially good advice for Investors World subscribers. It should help keep us from buying JD's recommendations that may be too early, and help us stay the course as long as the picture still looks good for a stock.

Now we're on the same page, Wren...IMHO!

Regards,
Wolf




To: Wren who wrote (1942)12/19/1998 10:41:00 PM
From: R Chen  Read Replies (1) | Respond to of 2346
 
Wren and thread,
Good advise as usual ! But I think any subscriber to Investors
World must realize JD is overly optimistic and everything he says must be carefully scrutinized. A case in point is the paragragh on page 2 at the top left of dec. issue.
JD states CD up 139%,SEIC up 72%,CCR up 61%,and ERICY up 63%
and several others are up over 40%.He then says that his 35 stocks
frm his Oct. list are up 33.5 compared to the dow up 18.2% This is misleading because the Dow was back near its old high after 18%
runup. Unlike the Dow JD discarded underperforming stocks.IMHO
SEIC is the only stock worth mentioning because it blasted through old highs. CD is still 10-15% below his initial buy recommendation.CCR
and ERICY are well below yearly highs.Statistics can be presented in a way that makes them seem more impressive than they actually are.
With the exception SEIC,all the above mentioned stocks fell a good
deal more than above mentioned gains. JD fails to mention this and doesn't seem to be concerned about it.This worries me.
Good luck ,all
R Chen