| T.R | Title | User | Personal
Name | Date | Lines |
|---|
| 137.1 | All-weather Approach | AKOCOA::GLANTZ | | Tue Mar 31 1992 01:02 | 11 |
| Marty is a technician by trade, a timid one at heart.
As a technician, his system does a credible job of trend following.
The drawback is that such systems don't anticipate.
As a man surrounded by a gray cloud of doubt, he tempers his technical
indicators with caution.
Morningstar rates his funds as above average return with below average
risk. I think that means you won't hit any home runs with Marty at
bat, but you won't lose money even in the worst of times.
|
| 137.2 | Not all technicians are created equal | EPIK::FINNERTY | | Tue Mar 31 1992 10:57 | 21 |
|
>> As a technician, his system does a credible job of trend following.
>> The drawback is that such systems don't anticipate.
This is not true. Actually, he has an excellent record of calling the
turns in the market... this is, in fact, what he is best known for.
In his book, which describes some of his timing methods, he is somewhat
critical of purely trend-following approaches, since they tend to be
wrong at the most important times.
>> As a man surrounded by a gray cloud of doubt, he tempers his
>> technical indicators with caution.
Yes, he is cautious, but that is not to say he is equivocal. He is
very straight about what he recommends and what he does not recommend.
He does hedge positions by, e.g. taking up short futures positions, but
this kind of caution is not *indecision*... he sometimes recommends
cautious positions when such positions might be expected to make a
profit.
|
| 137.3 | | MR4DEC::BMCWILLIAMS | Improvise if you have to ... | Tue Mar 31 1992 20:53 | 10 |
| RE. Zweig funds:
Both the BUsinessWeek and Money magazine ratings of Zweig's various
funds are not too hot. Both the Priority and Strategy funds finished
1991 in the bottom half of funds in their class. To achieve these
mediocre returns, the funds showed a high level of turnover and --
understandably -- a fairly high expense ratio: 1.77 and 1.66%
respectively. On top of this, there's a 5.5% sales charge.
Brian
|
| 137.4 | Congratulations on election to W$W Hall of Fame | VMSDEV::HALLYB | Fish have no concept of fire. | Wed Apr 01 1992 09:14 | 5 |
| I have to wonder just how many funds Marty Zweig can manage, in
addition to writing books and newsletters and appearing on W$W.
I think the guy is fantastic, but he's not superhuman.
John
|
| 137.5 | | SFCPMO::SFC04::SMITHP | Written but not read | Thu Apr 02 1992 17:41 | 5 |
| I recall a W$W from a few years ago when Marty said it was far easier to
make correct and timely calls for his monthly newsletter than his funds. I
infered from this that recommending someone rise there cash level from
10% to 30% in a newsletter was simple compared to rising one of his stock funds
cash level from 10% to 30%.
|
| 137.6 | High Min. Initial $10,000.00 Investment | CGOOA::DURNIN | | Tue Apr 21 1992 21:38 | 15 |
| Hi,
I've received a prospectus for the Canadian based Zweig fund and one of
the interesting things about the fund is the relatively high initial
investment requirement.
Ten thousand dollars is the minimum to get in ($10,000.00). This seems
pretty hefty to me so I'm going to have to investigate a little more
before I lay down this big chunk of change.
Any further comments would be appreciated. I'll keep you posted.
Oh yeah, that's 10K Cdn. about $8400.00 US.
Regards, Jim
|