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Good Company...at this point I'm neutral...don't like the recent closes near LOD on those down days...But if it gets back over 50 on vol I'd be lookin'...Why do you like it???
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Doug,
The whole canslim concept will have to change. You can fool people just so long before they catch on. And you didn't mention the outrageous load fees associated with CSSGX, at least I consider it outrageous.*
----------billyjoe
* I should have said expense ratio rather than load fees. CSSGX's expense ratio is 1.70%
IMO...the whole thing is bogus...Beau seems to be able to manipulate figures...The performance they claim(altho their claims are not all that great) is ludicrous...I can easily tear those claims apart...LIAR'S FIGURE...FIGURES NEVER LIE...That's one that I learned from my Dad when I was just a kid.
Why they came up with this fund is beyond me???...The O'Neil Fund bombed from the late 60's to mid 70's...WON's New USA Fund in the 90's was a bomb...You know...If I was was unethical and I wanted to rip people off...which I don't...I could create a fund myself...I don't have the $$$ to do it personally...But I know people that do...However...I'd rather be a good Upper Middle Class guy than a Rich BS guy
Doug,
The whole canslim concept will have to change. You can fool people just so long before they catch on. And you didn't mention the outrageous load fees associated with CSSGX, at least I consider it outrageous.*
----------billyjoe
* I should have said expense ratio rather than load fees. CSSGX's expense ratio is 1.70%
Last edited by billyjoe; 11-18-2007, 06:55 PM.
Reason: expense ratio
Doug,
I don't think IBD likes this MACD stuff. What about good old 1/8th point above breakout and don't chase above 5%?
---------billyjoe
I don't think I care what IBD likes...And speaking of Canslim...although I am a bit surprised that this fund has not folded by now...I think the Canslim Select Fund results speak for themselves...
According to Stockcharts the initial NAV was 10.16...Now it is 11.19...Although the Fund has a nice CwH...that's only 5% a year...I could do better with a Countrywide CD.
Well...As a FREE bonus to my subscribers I also send out My MACD Crossovers BEFORE they Crossover List each Sunday...Since I started sending it out 9 weeks ago my Crystal Ball has called 119 outta 124 crossovers...I give them 5 days to crossover....That's 96%...And did I mention it's FREE???
Did I mention that you are simply wonderful? Great job all the time, Doug.
Doug,
I'm still checkin' me own lists, lookin' fer some green.
-----------billyjoe
Well...As a FREE bonus to my subscribers I also send out My MACD Crossovers BEFORE they Crossover List each Sunday...Since I started sending it out 9 weeks ago my Crystal Ball has called 119 outta 124 crossovers...I give them 5 days to crossover....That's 96%...And did I mention it's FREE???
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