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MikeDDKing

06/21/06 11:16 PM

#47020 RE: Growth And Value #47019

Growth and Value re: IBD

I agree with all of the points that you make. I don't really subscribe to the CAN SLIM investment methodology. There are many different investment systems that can work. I happen to think that what we do at VMC is much better than IBD!

On the other hand, I find IBD's Big Picture section very useful as it seems to provide a fairly reliable read on the market direction. The article that I included was Thursday's Big Picture section.

I also like IBD's industry rating section. It helps me find the industries to look at. I find the articles in IBD to be interesting as well. Finally, I like to know when one of my stocks hits one of the IBD lists. That usually tells me that it is going to go much higher than where I would get out from a fundamental point of view.

Mike