Vectorvest???

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  • Gatorman
    No Posting allowed; invalid email
    • Dec 2004
    • 448

    #31
    Ski:
    In doing a little research on Morpheus, it is interesting to note most of the shorting in the 4th qtr with individual stocks was in home builders. Gold also played a key role in strategies. Very interesting. I continue to look deeper.

    Comment

    • skiracer
      Senior Member
      • Dec 2004
      • 6314

      #32
      Originally posted by Gatorman
      Ski:
      In doing a little research on Morpheus, it is interesting to note most of the shorting in the 4th qtr with individual stocks was in home builders. Gold also played a key role in strategies. Very interesting. I continue to look deeper.
      Gator,
      You've noticed that they have been in all the right spots at the right times. Been in gold ETF (GLD) for quite awhile and have rode it up from the low/mid $40 range. They started shorting the builders a long while back when I first talked of them taking a fall. Deron makes the right moves in the right sector ETF's and then plays the corresponding stocks as the setups show themselves. They're always in the right direction of the current trend or in cash. I was posting a few of their plays awhile back but I don't think anyone payed much attention to them an I don't think anyone has ventured to take a shot at the 1 month free trial so you might be the first. I've been paying the $175 a month for two years or so now and have made a ton of money with them but aside from a few of their picks over the past month or two I don't post their setups here. It's quite easy to get them though if you're willing to take the free trial and then put up the $175 a month. Apparently you've seen the site and read their archives and record of past trades and gains and losses. It's all there in black and white and for anyone to see. They're as up front about their record as anyone could ask. You really can't ask for anything more than that as far as honesty about what they're doing an have done is concerned.
      This is an important point. If you're going to invest in the subscription price you really should make all the triggered entries because if you don't then you will be trying to pick which ones you think are good or better and it won't work that way. A number of their plays will get stopped out and if you don't play all of them you could end up playing only the ones that get stopped out and miss some of the big winners. Read their take on position sizing in proportion to their position sizing. You size according to your capital allotment and you may only end up buying 30/40 shares of a play because of the price but it's the percentage of gain vs the amount invested that counts an it all adds up in the end.
      THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR

      Comment

      • Gatorman
        No Posting allowed; invalid email
        • Dec 2004
        • 448

        #33
        Ski:
        Thanks for the information. It is always helpful to learn from the experience of others whose knowledge is based on positive results. Am definitely going to take advantage of your suggestions when I start the trial subscription in January. I had noted in the past that you had mentioned the merits of gold stocks and shorting some issues. Glad you made money on the trades and I look forward to some gains of my own. Have been mostly involved in positions on the long side and have had limited experience shorting. Will have to do my homework before I begin.

        Comment

        • skiracer
          Senior Member
          • Dec 2004
          • 6314

          #34
          Originally posted by Gatorman
          Ski:
          Thanks for the information. It is always helpful to learn from the experience of others whose knowledge is based on positive results. Am definitely going to take advantage of your suggestions when I start the trial subscription in January. I had noted in the past that you had mentioned the merits of gold stocks and shorting some issues. Glad you made money on the trades and I look forward to some gains of my own. Have been mostly involved in positions on the long side and have had limited experience shorting. Will have to do my homework before I begin.
          Like Clint Eastwood says, "a man has to know his parameters". You'll pick up alot about the technical side from Morpheus.
          THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR

          Comment

          • Websman
            Senior Member
            • Apr 2004
            • 5545

            #35
            Originally posted by Gatorman
            Ski:
            Sounds very intriguing. Looking forward to the trial. I need something to keep me busy between Mr Market winners and I am always happy to find new ways to make money.
            Keep us posted.

            I wasn't too impressed with Vctorvest.

            Comment

            • Lyehopper
              Senior Member
              • Jan 2004
              • 3678

              #36
              Originally posted by Gatorman
              Ski:
              Like you, I am still checking out VV. They are quite high on NTAP so that does say something regarding their opinion in that particular case. I still have concerns with any service that does not either have a toll-free support number nor answers their E-Mails from support in a timely manner. I would also like VV to do as Morpheus does and list how their top 10 VV selections have performed over the past qtrs. If the results were stellar, I would think they would be easy to find and verify. In any event, will continue to tinker with VV and get into Morpheus in January. Looking forward to checking out Morpheus.
              It's impossible to learn Vector-Vests software in five weeks.... Remember this software (and database) is a technical tool and nothing more. You must do further fundamental dd on any stocks you pull from Vector-Vest. As you should do anyway.

              Vector-Vest dosen't have a top ten list, nor do they recommend stocks at all. They are not even remotely a service like Morphius or poormans.... I would compare them more to TC-2000 (but still not exactly the same).... They have a rating system based on numerous technical "vectors" and that's basically how it works. The software package is far beyond the free reports you can pull off the internet, IMO those reports and stock "values" are mostly BS anyway.

              The unisearch feature and portfolio tracker are awesome. You need to spend some time figuring that unisearch feature out, If you don't.... you've missed Vector-Vest's true value. ProTrader Graphs are great too.

              Have you called the toll free number and complained about the delays and unanswered emails Gator?.... Try this toll free number 888-658-7638..... Their technical support guys have always been very helpfull to me and since I have free long distance the technical support phone number really dosen't bother me..... I've been a subscriber since Version 5.0 (1999). The great thing about living in Flordia (like you do) and having Vector-Vest is that there are numerous V-V user groups in Florida.... you could join one. Once you really understand it, you'll be impressed.

              Just for the heck of it, I'm gonna play a short pick in the POTW this week that I will pull from a unisearch short search I created this summer. Let's see how it works out....
              BEEF!... it's whats for dinner!

              Comment

              • skiracer
                Senior Member
                • Dec 2004
                • 6314

                #37
                Originally posted by Lyehopper
                It's impossible to learn Vector-Vests software in five weeks.... Remember this software (and database) is a technical tool and nothing more. You must do further fundamental dd on any stocks you pull from Vector-Vest. As you should do anyway.

                Vector-Vest dosen't have a top ten list, nor do they recommend stocks at all. They are not even remotely a service like Morphius or poormans.... I would compare them more to TC-2000 (but still not exactly the same).... They have a rating system based on numerous technical "vectors" and that's basically how it works. The software package is far beyond the free reports you can pull off the internet, IMO those reports and stock "values" are mostly BS anyway.

                The unisearch feature and portfolio tracker are awesome. You need to spend some time figuring that unisearch feature out, If you don't.... you've missed Vector-Vest's true value. ProTrader Graphs are great too.

                Have you called the toll free number and complained about the delays and unanswered emails Gator?.... Try this toll free number 888-658-7638..... Their technical support guys have always been very helpfull to me and since I have free long distance the technical support phone number really dosen't bother me..... I've been a subscriber since Version 5.0 (1999). The great thing about living in Flordia (like you do) and having Vector-Vest is that there are numerous V-V user groups in Florida.... you could join one. Once you really understand it, you'll be impressed.

                Just for the heck of it, I'm gonna play a short pick in the POTW this week that I will pull from a unisearch short search I created this summer. Let's see how it works out....
                Lye,
                I have been playing around with an using and learning the unisearch features an I have to agree with you it is pretty neat and there are a lot of other neat features which I do like. Being basically into the short term swing thing I'm more inclined to be air mobile with the TA side of things. I do like their rating system and buy, hold, and sell signals. Like setting up your own custom scans it's a good place to start to look for setups and stocks.
                Morpheus is a completely different type of service being that they give you what they're trading and their discipline is much more closely aligned with what I'm trying to do. Vector Vest is good and even better if it fits into what your trying to do and strategys in doing it. And you're right about needing time to really run it, learn it, and get comfortable with it.
                THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR

                Comment

                • Gatorman
                  No Posting allowed; invalid email
                  • Dec 2004
                  • 448

                  #38
                  Lye:
                  I am glad to hear from you. I 1st looked at the Vectorvest website after reading one of your posts which indicated you were quite pleased with their service and was a long-time subscriber. When I hear anybody recommending a site, I look to see how much experience they have had with the product and value those opinions with a long track record and consistent results.
                  I cannot speak to what the software shows as I have yet to receive mine. I have watched all of their pre-recorded videos and, in their presentations, they make the point that the on-line version, which is the access and information that I currently possess, is the same in terms of the Pro-Trade software version as is the Unisearch tool. Again, I cannot verify this statement as I have not yet received the software package 7 days after signing up.
                  There does seem to be a variety of tools to create searches using many different variables using the Unisearch series of screens.
                  The toll-free number they list is for sales only. Their Tech Support number is a local number(for North Carolina-long distance for others) 704-895-4095. I have sent another E-Mail to their Tech Support. Will try the sales number if I do not get a response.
                  There does apppear to be a wealth of material. I just wish I could get the necessary tools from them to explore the possibilities. Unfortunately, the initial impressions they are leaving with their lack of service response is discouraging to say the least.
                  Last edited by Gatorman; 12-19-2005, 07:12 PM.

                  Comment

                  • Lyehopper
                    Senior Member
                    • Jan 2004
                    • 3678

                    #39
                    Originally posted by Gatorman
                    Lye:
                    I am glad to hear from you. I 1st looked at the Vectorvest website after reading one of your posts which indicated you were quite pleased with their service and was a long-time subscriber. When I hear anybody recommending a site, I look to see how much experience they have had with the product and value those opinions with a long track record and consistent results.
                    I cannot speak to what the software shows as I have yet to receive mine. I have watched all of their pre-recorded videos and, in their presentations, they make the point that the on-line version, which is the access and information that I currently possess, is the same in terms of the Pro-Trade software version as is the Unisearch tool. Again, I cannot verify this statement as I have not yet received the software package 7 days after signing up.
                    There does seem to be a variety of tools to create searches using many different variables using the Unisearch series of screens.
                    The toll-free number they list is for sales only. Their Tech Support number is a local number(for North Carolina-long distance for others) 704-895-4095. I have sent another E-Mail to their Tech Support. Will try the sales number if I do not get a response.
                    There does apppear to be a wealth of material. I just wish I could get the necessary tools from them to explore the possibilities. Unfortunately, the initial impressions they are leaving with their lack of service response is discouraging to say the least.
                    Personally I don't like the online version although I have it in my package. I use the downloadable version with super extended database (I download nightly, it takes less than ten minutes). I can freely work in V-V and never be hampered by internet glitches, speed issues or connection problems.

                    Hey Gator.... If you call the toll free sales line, complain to them and leave your phone number.... I'm sure they'll have a technical support guy call you back. If it's been seven days, someone has dropped the ball on you dude.... you need to complain (LOUDLY) and have them extend the trial period.
                    BEEF!... it's whats for dinner!

                    Comment

                    • Gatorman
                      No Posting allowed; invalid email
                      • Dec 2004
                      • 448

                      #40
                      Vectorvest Trial

                      I am coming to the end of my 5 week Vectorvest trial and will, as I had promised , report my experience.
                      First, I will try to explain what Vectorvest is and is not. The major thrust of the site is it's huge database of over 8000 stocks and it's proprietary rating systems. While the method of chosing the stocks is not specifically detailed, it is huge and includes stocks from those with high value down to penny stocks. The VV composite ranks those stocks using their proprietary system that includes weighting for value, safety and timeliness. An overall rating is assigned to those and can be sorted in a myriad of ways. This huge basket can be back tested for years for results. This ability evokes much praise on the Yahoo board from members(a discussion area that is similar to MM in civility).
                      The thing that is an area of concern on the board is the lack of credible timers for entry and exiting of positions with VV. Success rates vary quite a bit from those reporting on the board but lack of timers is highly criticized.
                      If one is seeking to backtest stocks, the service offered by VV is excellent.
                      You can screen for stocks using a variety of pre-designed screens or create your own. The method of screening very closely resembles MSN Money Central to the point that I wonder if the same designer was the author for both. MSN is, however, a free site and VV is not.
                      I know that several people on this board who like to backtest individual and baskets of stocks use VV and I am sure that it has everything to satisfy their needs.
                      If one wants to screen stocks using their own criteria and not have the availability to backtest, you can do much the same at MSN but not have the benefit of VV's proprietary rating systems.
                      There is so much to the site that it is difficult to absorb it all. A 5 week trial is certainly not enough time to do so.
                      You can purchase certain "bells and whistles" add-ons that are touted to make research easier and more "automated." These would be added if one decides to become a subscriber and can cost up to $2,000. Seminars are offered from time to time in major cities for $195 up. Telephone live classes are available without entry fee but subject to long-distance phone charge to a NC number.
                      A lot of the pre-designed screens end up selecting low price stocks with their attendant volatility. A "sample" portfolio, personally selected and managed by the owner/author of the system, is presented on the site although the reasons for his moves are not explained nor his recent sale of stocks listed as "buys" (during the market selloff last week).
                      All in all, there is a lot there to like. There is also a lot there to ponder over.
                      There is so much there that I suggest those that have an interest, give it a test drive. After all, $9.95 ventured for a trial that may end up being something you might love is well worth it. However, be prepared to spend a lot of time sorting through it all
                      Once Goji hits the market, it will probably sell for much more than a paltry $9.95.

                      Comment

                      • Lyehopper
                        Senior Member
                        • Jan 2004
                        • 3678

                        #41
                        Originally posted by Gatorman
                        I am coming to the end of my 5 week Vectorvest trial and will, as I had promised , report my experience.
                        First, I will try to explain what Vectorvest is and is not. The major thrust of the site is it's huge database of over 8000 stocks and it's proprietary rating systems. While the method of chosing the stocks is not specifically detailed, it is huge and includes stocks from those with high value down to penny stocks. The VV composite ranks those stocks using their proprietary system that includes weighting for value, safety and timeliness. An overall rating is assigned to those and can be sorted in a myriad of ways. This huge basket can be back tested for years for results. This ability evokes much praise on the Yahoo board from members(a discussion area that is similar to MM in civility).
                        The thing that is an area of concern on the board is the lack of credible timers for entry and exiting of positions with VV. Success rates vary quite a bit from those reporting on the board but lack of timers is highly criticized.
                        If one is seeking to backtest stocks, the service offered by VV is excellent.
                        You can screen for stocks using a variety of pre-designed screens or create your own. The method of screening very closely resembles MSN Money Central to the point that I wonder if the same designer was the author for both. MSN is, however, a free site and VV is not.
                        I know that several people on this board who like to backtest individual and baskets of stocks use VV and I am sure that it has everything to satisfy their needs.
                        If one wants to screen stocks using their own criteria and not have the availability to backtest, you can do much the same at MSN but not have the benefit of VV's proprietary rating systems.
                        There is so much to the site that it is difficult to absorb it all. A 5 week trial is certainly not enough time to do so.
                        You can purchase certain "bells and whistles" add-ons that are touted to make research easier and more "automated." These would be added if one decides to become a subscriber and can cost up to $2,000. Seminars are offered from time to time in major cities for $195 up. Telephone live classes are available without entry fee but subject to long-distance phone charge to a NC number.
                        A lot of the pre-designed screens end up selecting low price stocks with their attendant volatility. A "sample" portfolio, personally selected and managed by the owner/author of the system, is presented on the site although the reasons for his moves are not explained nor his recent sale of stocks listed as "buys" (during the market selloff last week).
                        All in all, there is a lot there to like. There is also a lot there to ponder over.
                        There is so much there that I suggest those that have an interest, give it a test drive. After all, $9.95 ventured for a trial that may end up being something you might love is well worth it. However, be prepared to spend a lot of time sorting through it all
                        Once Goji hits the market, it will probably sell for much more than a paltry $9.95.
                        Hey Gator.... Did you create and run any searches?
                        BEEF!... it's whats for dinner!

                        Comment

                        • Gatorman
                          No Posting allowed; invalid email
                          • Dec 2004
                          • 448

                          #42
                          Originally posted by Lyehopper
                          Hey Gator.... Did you create and run any searches?
                          Lye:
                          Yes, I created some searches that were variations from theirs but incorporated some parameters that I like such as stock price ranges and volume. I also created several from scratch. Using a "quick test" feature, you can quickly backtest a few months. If you want longer backtest, you can go back many years. Like I said earlier, if one wants to fully utilize their site, they must be prepared to put in a lot of hours working with it.
                          The results I got were not much different from what I get with MSN. That is why I wonder if the same person created both. I think it all boils down to what a person's particular style of investing happens to be. I like stocks that are at or near 52 week highs, have been consolidating for a time and have a TA pattern that I like in conjunction with the oscillators that I prefer. I'm still not sure if the results returned when their proprietary VST rankings are superior. Guess I've got to make up my mind pretty soon.
                          Incidentally, a couple of stocks the MM board likes have been fairly prominent on their list recently. LUFK was one and DBRN is another example as well as AAPL.

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