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Conference nyoss1::market_investing

Title:Market Investing
Moderator:2155::michaud
Created:Thu Jan 23 1992
Last Modified:Thu Jun 05 1997
Last Successful Update:Fri Jun 06 1997
Number of topics:1060
Total number of notes:10477

95.0. ""Fund Watch" Newsletter" by MATE::PBURDEN () Thu Mar 05 1992 20:32

      I have just received a pamphlet entitled "Fund Watch", which is trying
  to sell a subscription to a mutual fund tracking service (1 year = $39).

      They are giving a series of "bonuses" for signing up now, including
  their pick for "Fund of the Decade ('90's)".

      Has anyone out there ever subscribed to this, or is it just another
  gimmicky publication?

      Does anyone know what their "Fund of the Decade" is ?  When did they
  select it, and how has it done so far?

            PaulB
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95.1Only if they tracked right...SALEM::SHAH_JThu Mar 12 1992 17:2126
    
    	I believe, this is the same magazine that was earlier called 
    	"Mutual Fund Forecaster".   I had subscribed to it once and 
    	boy, they have never left me alone since then...
    
    	Their predictions were never consistent and recommendations
    	never made any sence to long-term investors. (ex; they would 
    	recommend "BUY" in one issue and "hold" in the next and "buy" 
    	in the next and so on...).  I would suggest NOT to waste your 
    	time & money.  Once you do, "million" letters with different 
    	headings will come to you - the first one will be "if you renew
    	NOW you will have..., receive...., etc."  Many with the names 
    	of Research Institute, advantages of subscribing, discounts, 
    	even overdue subscription notices and what not... My subscription 
    	expired over 2 years ago and I am still getting the notices.
    
        I have expressed my opinion about these people over here a 
    	while back.  And it was supported by others.  Bottom line: I 
    	found Money magazine more reliable than these so-called experts.  
    	Why waste $49 (@ 50% discount)?
    
    
    	Jay
    
    	   PS:  I also received the same pamphlet that you did.  Same 
    	   old address with different name...  I had a giggle...
95.2Same publisherVMSDEV::HAMMONDCharlie Hammond -- ZKO3-04/S23 -- dtn 381-2684Thu Mar 12 1992 17:562
"Fund Watch" and "Mutual Fund Forcaster" are seperate publications 
by the same publisher.
95.3Major Trend MuddleEPIK::FINNERTYThu Mar 12 1992 19:4815
    
    Well, I recently bought Norman Fosback's book, read it, was impressed,
    and so signed up for "Market Logic" on a trial basis.
    
    The first issues arrived last week, and I cancelled the next morning.
    
    Why?  Their 'major trend model' has been bullish since well before
    1987.  Raving bullish.  
    
    I give them credit for posting the long term results on page 1, but
    in my opinion it is just proof that their 'econometric' major trend
    model simply doesn't work.
    
       /Jim
    
95.4"Major" implies several years, does it not?MINAR::BISHOPFri Mar 13 1992 13:009
    re .3
    
    What's your beef?  The overall trend since 1987 _is_ bullish.
    Since 1982 the right thing has been to be in the market.
    
    Or did you want _minor_ trends, so you could avoid the various
    crashes and no-growth periods?
    
    			-John Bishop
95.5in the looong runEPIK::FINNERTYFri Mar 13 1992 14:4914
    
    er, sorry, but the major trend since 1933 has been pretty easy to
    predict.  We're talking here about a 'reasonable' time window.  Missing
    major market crashes, as 1987 is generally acknowledged to be, is
    missing the 'major trends' as far as I am concerned.    
    
    If trends are defined long enough so that major market crashes do not 
    matter, then the prediction is pointless anyway.
    
    How much of a change in the value of the market are you willing to
    consider to be a minor fluctuation?
    
       /Jim