Mike, I think I've learned alot from I.B.D., but I have some "issues" with them.
1) Why do they say buy stocks that are $15.00 and over?
I would have missed out on a ton of gains if I followed this rule.
2) Why do they have you wait for a new high (or close to it) before buying?
To me, they make it MORE risky by buying stocks that are extended. I'd rather buy at the 50Day average then wait for a breakout.
3) Why don't they point out the benefits of LOW P/E/G ratios?
It's like they don't care that the forward P.E. is 100 or more on some stocks, they promote it anyway to the detriment of some individuals.
I get I.B.D. everyday, but the only thing I look at are the "Best Ups" EPS section. That's were I find the fastest growing stocks (sales AND earnings), I estimate a PEG ratio and go from there.
Just my opinion. I could be wrong!
