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     msparks
Member
Username: msparks
Post Number: 464
Registered: 10-2004
Rating: N/A
Votes: 0
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| | Monday, April 24, 2006 - 07:06 pm: |  
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Anyone use the wiseowl report ?
They sure have a hard sell, i just wanted to have a free trial, bit of a sticky beak.
The report looks pretty good actually and covers entry ,exit,risk/reward,ta and some funnys.
Wonder how long they will be around ? anyone know anything ?
Colin advertises them, is that a recommendation ?
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ingot54
Member
Username: ingot54
Post Number: 1353
Registered: 05-2004
Rating: N/A
Votes: 0
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| | Monday, April 24, 2006 - 07:54 pm: |
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I did have a free trial Mark, late last year.
Agree it is very hard sell, and for someone like me who is not normally confrontational, it required some extra energy to use that little "NO" word!
They are unrelenting, but in the end I had to get a bit firm with them and ask that they do not contact me again.
That aside, I can see they do have a good service, but spoiled by their pressure tactics. I have to say I did enjoy access to their information, which I found of good quality.
If you are like me, and squirm a bit under pressure, be very careful. This is one company where you just have to stick firmly to whatever decision you make.
Keep Smiling
Trading style :CFD's predominantly. Looking for ways to enter CFD trading over long term.
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msparks
Member
Username: msparks
Post Number: 465
Registered: 10-2004
Rating: N/A
Votes: 0
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| | Monday, April 24, 2006 - 09:23 pm: |
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Hi Ingot
Thanks for letting me know.
They are offering a very long term contract and i asked to look at their figures so i could see if they would be in business in 2 years time.
Not likely.
I suggested a monthly subscription,not available.
I just feel like someone is ripping me off if i get the hard sell so looks like i will have to be rude to get rid of them now.
Be warned anyone accepting the free trial, they make it very hard to say no, even on the telephone.
I think they were "Investmentwise" before becoming "Wiseowl".
Bit of competition out there with the all the services available :-
..Huntley's,..Stockdoctor,..AspectFinancial,..Wiseowl,..Invest4 profit,..Conscious investor,..Investorweb,..SMH..AFR...,fnarena,...Inside Trader,...Intelligent Investor,...Floattank,...Chartist...........etc....
All with a different twist almost.
Anyone know any others or have an opinion on them ?
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dug
Member
Username: dug
Post Number: 1028
Registered: 07-2005
Rating: N/A
Votes: 0
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| | Monday, April 24, 2006 - 09:57 pm: |
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Old Wombat subscribed to the lot,Msparks.
What did they do for him/her/it?
An actual KNOW NOUGHT that had some jargon down.
Ya on ya OWN,mm,Handle it!!@
Avatar- PHACOPS{speculator}from the Devonian Period.
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ingot54
Member
Username: ingot54
Post Number: 1356
Registered: 05-2004
Rating: N/A
Votes: 0
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| | Monday, April 24, 2006 - 10:52 pm: |
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Mark
I have had a look at a few - trial subscriptions etc.
In the end, after the trials, I could not say I missed any of the info enough to pay for a subscription.
Incredible Charts has been the exception.
Aireview and Netwealth used to be compulsory reading first thing in the morning, but at the end of the day I had to decide whether this was worth my precious time, or just "market-speak", and as such, stuff I could live without.
I subscribe to Netquote for the cheapest EOD data feed in Australia, I think. It may or may not have been adjusted for stock splits, rights issues etc, but I am not finely tuned into it to care too much. I don't need the info for backtesting, just charting.
I like the stuff I get from my current Aspect-Huntly free trial (four weeks) but again, do not have the time to really get the most from it. For example, I would love to really get in a dissection the FA spreadsheets - maybe tomorrow!
Always tomorrow! 
I did have a close look at Conscious Investor because it has the approach I use, but at the price, $US900 from memory, I could not justify this given my small account. In principle, if I were managing $300,000 + I would certainly consider that service.
But if my account ever gets to $300g's I would have demonstrated that I do not need it! 
Intelligent Investor has some good recommendations, with sound FA reasoning, but they got MRL badly wrong, and persisted with it all the way to the bottom, before bailing with the idea.
Similar action with Infomedia - they got it wrong, costing $$$ to quite a few who followed them.
At this point, IC has been the best source of info.
For example, did you see Yogi's post on selling into a rising market? New concept, for me, a bit contrarian, but still, typical of the innovative comment we are taking for granted on this forum.
Unfortunately, HC has moved on from IC after harassment - he was a real thinker and a livewire contributer. I hope he returns one day.
People like Tony_M, Stevo, Peter1, Smallworld, Stickman, Dug (yes), Tryhay, Mosaic_1996, Spider (when he is able), David_Louisson, Bundy, Snifter, yourself, Rederob, Archer and so many more (naming a few isolates many others who are also deserving) are posting, or have posted, quality information, FA, TA, new ideas, articles on psychology, strategy, discussion of candlesticks, indicators, and on and on.
This is why I have a look at some of these free-trial /subscription newsletters, but so far have not been drawn into paying for anything other than IC.
I have recently been tempted to buy the "Bullseye Investment System" available here from moneybags.com.au for reduced price. But I realise once again, this is a passing attraction, another infatuation, and a further waste of my time.
The value is in the broader picture these services paint in our psyches, but do we need this?
Yes, if you are just starting out, and looking for a style and strategy that suits your risk profile and trading timeframe.
But if you have "been there and done that" such things are only a further distraction, a waste of time, when what we really need is to stick with what works, and focus on honing it into a killer strategy.
Keep Smiling
Trading style :CFD's predominantly. Looking for ways to enter CFD trading over long term.
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msparks
Member
Username: msparks
Post Number: 467
Registered: 10-2004
Rating: N/A
Votes: 0
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| | Tuesday, April 25, 2006 - 09:38 am: |
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Back again
I did not mention Hull and there are probably heaps more,rivkin,guppy etc.
I wonder do many who buy these letters,systems, get any benefit from them.
The effect of newsletters is, when you get the recommendation , the money is in the day before and they sell into the added new buyers from the recommendation being published, or am i just a sceptic ?
Agree, Yogi's exit strategy post is excellent, just not getting the gains in the weekly competition , but seems to do well elsewhere.(maybe i looked at where are they now instead of the weekly results  )
Is it the astrostuff or the good entry and exit and trading plans that makes yogi successful.
Advertising your stocks on bulletin boards makes sense also if entering, similar to the newsletter writers, at least people may have a look at them and some will add to the buying i guess, especially if the poster has a reputation.
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dug
Member
Username: dug
Post Number: 1030
Registered: 07-2005
Rating: N/A
Votes: 0
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| | Tuesday, April 25, 2006 - 10:33 am: |
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Msparks,
Hull and Guppy are live real time examples of a Technique.It's this technique you should be learning,observing.Unfortunately the Time Poor,use them as gurus/tipsters that they [H'n'G]don't want to be.Hull and Guppy are trying to take TA into the mainstream and IMHO are doing a pretty good job of it.
Their clients,however,unfortunately are mostly in for the quick,easy buck.That's what impresses Them so I reckon that's why HnG do that aren't we clever type portfolio raves.
Magazines like the old Shares are journalism.They look for a 'catchy' story first and foremost rather than good advice re Share Purchase possibilities.The writers are also slaves to fashion and doing a good turn to advertisers.To be respectable they running dog out of their fingers in support of the Institutions,Funds et al.
I realise that there are a lot of Dills out there,scardy cats of the Market but should you really follow or pay any attention to their Advice Sources?
cheers.
ps-Are you out of Colorado yet?I'm waiting til you are as a sign to start checking it out
Avatar- PHACOPS{speculator}from the Devonian Period.
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msparks
Member
Username: msparks
Post Number: 470
Registered: 10-2004
Rating: N/A
Votes: 0
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| | Tuesday, April 25, 2006 - 11:20 am: |
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Dug
I reckon the market is good and will keep going up forever,and just thinking of entering with all my savings now, OK.
Hope that helps with your decision. 
Re cdo
I guess these guys have some idea where it will be in a few years time.
Perennial Value Management Limited 13/03/2006 10,654,580 11.31
Promina Group Limited 13/03/2006 6,508,818 6.91
FMR Corporation and Fidelity International Limited 18/04/2006 4,890,978 5.18
Perpetual Trustees Australia Limited 06/04/2006 11,016,269 11.66
Notice another guy in love with a stock too , SEN, i exited cdo at $4.00 odd a good while ago, sticking with the trend now, but the funnymentals have played havoc with my decision making and psychology i must admit, and HC did not help much either, see now, how wrong he was.But i did enjoy his charting and analysis of the charts, and would like to see him return.
"MUST STAY IN THE HERE AND NOW" is written across the computer, predictions are for dreamers.(moi  )
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carolyn
Member
Username: carolyn
Post Number: 40
Registered: 09-2002Rating: N/A
Votes: 0
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| | Tuesday, April 25, 2006 - 12:50 pm: |
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Hi all, good discussion on newsletters,etc. I have tried a few on free trial over the years,and didn't get much from them, but some probably would be useful to time-poor investors or novices.
I currently subscribe to gtfinancial.com and find them excellent. They give overviews of current market situations (big picture stuff) which is interesting. They have several portfolios running and give the performance history of them. They range from large-cap, mid-cap, income, CFD and warrant portfolios.
They are very educational and follow excellent TA principles, stop management, targets, risk management, etc.
I don't follow any of their portfolios exactly as I have my own trading plans (one for Super fund, and one for shorter term) , but have invested in some of their recommendations following my trading plan, and they have performed excellently.eg IBA, JML, SMM.
They have made me aware of some great possibilities, that I may not have come across on my own.
It is not cheap but very good. They email a newsletter three times a week.
Regards, Carolyn
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dug
Member
Username: dug
Post Number: 1034
Registered: 07-2005
Rating: N/A
Votes: 0
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| | Tuesday, April 25, 2006 - 03:41 pm: |
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Hi carolyn,
You reminded me of the Main Market that these newsletters are chasing ie DIY Supers.I'm wondering why their portfolios are always geared towards $100k or so.I don't have DIYsuper so I don't figure that such an amount[100k] is common in it especially in Shares only.Like isn't there percent allocation systems by Rule or natural Prudence?ie a 100k in shares would be about 300k Total?
It gets a bit frightening thinking about a Future Downturn with all this DIY money in there.The SnP500 in the US is just getting back to where it was 4/5 years ago while Oz draws conclusions we are for ever higher.A five year down and up phase here would certainly give the smug a shake,hey?
Anyhow,Carolyn does your excellent newsletter say anything about effects of share placements on shares.I'm looking for New,Up to Date thinking on this particular subject.
I only learnt about such matters back when Companies used to do HalfPenny calls on their shareholders and cent ones later.Unpaid Capital,it was called.Oh my father used to go on and on about Happenny calls years after Dollar Bill did d'jingle!!Really boring times,I assure you,Lucky you missed them!!
Anyway,does this 3times a week newsletter rabbit about such things?Oh and does it do SELL recommends punctually and most often correctly?I suppose not because it's just a guide for your personal plan?
cheers.
Avatar- PHACOPS{speculator}from the Devonian Period.
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colin_twiggs
Member
Username: colin_twiggs
Post Number: 2538
Registered: 09-2002Rating: N/A
Votes: 0
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| | Tuesday, April 25, 2006 - 04:45 pm: |
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We vet advertisers, but only to eliminate the obvious con-artists. Please do not misinterpret our agreement to run advertising as an endorsement of either the company or the product.
Regards,
Colin
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carolyn
Member
Username: carolyn
Post Number: 41
Registered: 09-2002Rating: N/A
Votes: 0
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| | Tuesday, April 25, 2006 - 05:50 pm: |
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Hi Dug,
Yes the gtfinancial newsletter does do SELLS, very frequently. They are talking a lot at the moment about taking profits, particularly on shares that have run very hard.
As I said they have several sample portfolios and they are updated regularly.(ie shares are sold, as well as bought)
I haven't seen anything in it about the dilution effect of share placement. From my own personal experience over the years, share placements often seem to have a positive effect on share price, while the maths of more shares on issue seems to say the price should drop. Share placement often seem to generate more confidence in a company, hence the price rise (maybe).
However, I don't fuss too much trying to analyse why a price is changing or predict where it will go, I just follow the trend.
Carolyn
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