T.R | Title | User | Personal Name | Date | Lines |
---|
327.1 | Be careful about PTR! | KYOA::LAZARUS | David Lazarus @KYO,323-4353 | Wed Dec 09 1992 09:44 | 23 |
| I subscribed to PTR for a short time during fall 1987 without good results.
His recommendations are very difficult to follow,because he tends to cover
himself for any eventuality. As one who got his newsletter and listened
to his hotline in the weeks prior to the crash,it is amazing that Paul
Kengas(sp) of NBR would have him as guest the night of the Oct 19,1987
crash. Weinstein acted like he had safeguarded his readers but that
is far from true.
When I got home from work,the night of Black Monday,his newsletter was
in the mailbox,so it was too late to act on his recommendations which
were certainly not the clearcut advice of Marty Zweig or Elaine
Garzarelli.
I felt vindicated several years later when Hulbert showed the real
results of newsletters and put PTR in the bottom 5. I will admit this
guy is a knowledgeable technician with tons of indicators and
statistics. It also helps that he is based in Fort Lauderdale,right
next to PTR offices in Miami and has an insider relationship with
Kengas which has immeasurably helped his business.
A typical PTR recommendation is; Sell DEC if it goes below 31 � but buy
if it crosses 33 �. Again,his newsletter may work for some people.
|
327.2 | Not so fast! | SAHQ::ROSENKRANZ | Rock with Gene & Eddy | Wed Dec 09 1992 11:49 | 6 |
| In defense of Stan, the Wednesday before Black Monday, he put a special
recording on his telephone hotline with appropriate warning of the
impending trouble.
Normally Stan only has one recording a week. It is quite unusual to put
on a special one and was indicative of the unusual conditions.
|
327.3 | Compared to what? | VMSDEV::HALLYB | Fish have no concept of fire. | Wed Dec 09 1992 12:19 | 11 |
| Stan is very telegenic and uses the media to maximum advantage.
I recall a couple years ago when DEC had just sunk below 100 and IBM
was lounging in the same area and Stan said, very emphatically:
"Do Not Go Bottom-Fishing in these Stocks!". Good advice, no?
But I don't subscribe to Stan's newsletter -- personally I find stock
picking just isn't my game. But for those who do that sort of thing,
you could do a lot worse.
John
|
327.4 | Anyone familliar with these newsletters | SUBWAY::SAMBAMURTY | Raja | Sat Dec 12 1992 20:30 | 18 |
| Here are some of the other newsletters that I have come across. If
anyone has any opinions on any of them, I would appreciate it.
Investec (Jim Stack, appears on NBR/Paul Kangas)
BI Research (Tom Bishop, was reviewed in Kiplinger's)
Dessauer's Journal (John Dessauer, appears as a panalist on Ruksyer's)
Outlook (Produced by S&P)
OTC Insight (Jim Collins, was reviewed in Kiplinger's)
MPT Review (Louis Navellier, was reviewed in Kiplinger's)
Medical Technology Stock Letter
|
327.5 | Investech Market Letter | CGOOA::DURNIN | Live Dangerously - Don't sit on the Fence | Mon Dec 14 1992 19:01 | 11 |
| Hi
The Investech market letter published by Jim Stack, I find to be very
good with clear cut advice. Currently he is bullish and about
60 % invested.
I am not aware of his official long term track record...see Hurlbert
for that. However, I find his information credible and recall him
being disinvested at the time of the crash...Oct. 1987.
Regards, Jim
|