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Re: Usefulness of IBD



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Thanks for everyone's feedback.  I have even more followup questions:

> Chip, if you could only have one source of stock info., IBD would
have to be
> it.

Agreed, but my point is that Internet and CNBC now gives me _tons_ of
other sources.  Granted I am "plugged in" 12 hours/day now - people
who aren't that "lucky" may benefit from the time the news summaries
save them.

I have found most of the charts and the data for them is available on
the net or via my data provider.

BIG QUESTION: Even though I have it delivered by courier, I don't
recieve my IBD until 9:30 AM Pacific time - too late to act on any New
America stories or strong RS changes that day.  Is the same true for
you in Hawaii?  If it was, would it change the benefit you get from
the paper?

Also, all of the articles - with the exception of the New America
stuff - is posted on their website the night before.  Unfortunately, I
don't find those articles too useful - ex. the endless series on the
state of American education.

I agree that the New America articles are interesting, but I'm not
sure they justify my subscription (especially since I get them late).

Any comments?  Again, I _do_ appreciate all of the opinions I'm
getting.  Didn't someone say there was not enough postings recently! ;-)

Chip
http://coolhistory.com/ChipsCharts

---Dick <dick@xxxxxxxxxxxxx> wrote:
>
> Chip, if you could only have one source of stock info., IBD would
have to be
> it.
> One of the problems in using it, is realizing how much good info. is
in
> there, and how it fits together. For example, using "Stocks In The
News"
> (those little mini-graphs) will tell you the sectors most in favor.
The
> general market page gives you the comparison of the 3 indexes WITH
volume,
> and A/D for each. It also gives you sector graphs not available
anywhere
> else, world markets, industry groups....yada, yada, yada.
> 
> The articles are invaluable...stocks like Cisco appeared several times
> before they hit $20 in the new america and company news, and investors
> corner is well-balanced, not too bearish or bullish.
> 
> In fact, the lack of bearishness is one of the most refreshing
things about
> IBD. If you read WSJ or Barrons, you always come away with more
useless
> worries than you started with.
> 
> Sheesh, I sound like an IBD salesman, don't I? Well, you asked ! <g>
> 
> Dick
> 
> -----Original Message-----
> From: Richard Estes <restes@xxxxxxxxx>
> To: chipa@xxxxxxxxxxxxxxx <chipa@xxxxxxxxxxxxxxx>;
metastock-list@xxxxxxxxx
> <metastock-list@xxxxxxxxx>
> Date: Wednesday, December 03, 1997 8:58 AM
> Subject: Re: Usefulness of IBD
> 
> 
> >IBD's presentation of the market place is unexcelled. The
information in
> >their rankings alone is worth the price. I try not to look at a
stock that
> >is not EPS/RS >80.  RSI has nothing to do with their RS rankings.
Those
> that
> >compare a stock to say SP-500 in a comparison chart waste their
time IMO.
> >You need how a stock stands against all stocks. Only in IBD do you
get
> this.
> >
> >But if you are married to a few stocks, and don't care for the big
picture,
> >let it go.
> >
> >Richard Estes
> >-----Original Message-----
> >From: Chip Anderson <chipamy@xxxxxxxxx>
> >To: metastock-list@xxxxxxxxx <metastock-list@xxxxxxxxx>
> >Date: Wednesday, December 03, 1997 11:20 AM
> >Subject: Usefulness of IBD
> >
> >
> >>Question for the group:
> >>
> >>Because I can use MetaStock to compute the RSI for any stock and do
> >>explorations, and because the Internet provides me with all of the
> >>news I need, is the usefulness of Investor's Business Daily (IBD)
> >>dramatically decreased?
> >>
> >>I am considering not renewing my subscription.  Opinions?
> >>
> >>Thanks in advance,
> >>Chip
> >>
> >>
> >>
> >>
> >>
> >>_________________________________________________________
> >>DO YOU YAHOO!?
> >>Get your free @yahoo.com address at http://mail.yahoo.com
> >>
> >
> 
> 
> 

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