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Analysts, Gurus & Pundits
This archived discussion is "read only". « Previous 1 2 3 4 5 6 7 8 Next » » Kirk - I just got an unsolicited free sample or "special issue" from Sh I just got an unsolicited free sample or "special issue" from Sheldon Jacobs who is one of the highest rated newsletter writers. Inside the special issue he says he thinks the Bull Run will go for another 12 years! Predicts DOW near 10,000 in year 2000 and thinks the DOW can reach 21,200 by 2010.At first this sounds fantastic until you apply "the rule of 72" which says 72 divided by 10 yrs is 7.2 percent per year between 2000 and 2010". Jacobs predicts we will see a couple of bear markets in this time, but the general trend will be upward. He thinks the best strategy is to ride out the bears but to do so in good defensive funds with good stock pickers at the helm. He lists a phone number you can call to subscribe so I'd try this and ask for your free copy of the special issue. 1-800-252-2042 I'd be interested in hearing what others have to say about Mr Jacobs. Should I subscribe to his newsletter? Kirk Lindstrom -- posted by Kirk » shep - Kirk, I think this is a great idea for a thread. Certainly we a Kirk, I think this is a great idea for a thread. Certainly we all could benefit from different perspectives.On first look, Mr. Jacobs' predications don't seem that profound. One could argue that his first prediction of DOW "near" 10,000 by year 2000 has really already been met, if you consider 9000 "near" 10000. Moreover, a move of 1000 points over 21 months would only be about 11 percent...a modest return over that time span. Likewise, as you point our, a doubling in another 10 years is only 7.2 percent...again a modest return by even the DOW standards of 10 percent on the long-haul. Of course, if you were a bear, this predication would be surprising, I'm sure. Nevertheless, I would be more interested in Mr. Jacobs THEORIES and ASSUMPTIONS that underly his predictions. This is what would establish credibility for me. Regards...Bill S
-- posted by shep » SandyJ - Kirk - If Mr. Jacobs prefers to ride out the bears then what wou Kirk - If Mr. Jacobs prefers to ride out the bears then what would you be buying his newsletter for? To find out what funds he recommends? Couldn't you do that yourself if you had already made the decision to "ride it out".?Sandy J -- posted by SandyJ » Lawhawk - Hmm... what are people's takes on guys like Eric Kobren or Wade Hmm... what are people's takes on guys like Eric Kobren or Wade Cook? I know they're into different things, but they're constantly sending me investment advice and such.I think Eric's situations are informative, but haven't got enough invested to make a purchase of his newsletter a real issue for me. Wade's ideas seem a little more like strategies to make money for the brokers, but I could be wrong. Any other people have feelings about these two? Michael Siegel -- posted by Lawhawk » SandyJ - I have subscribed to Eric Kobren's Fidelity Insight for years, b I have subscribed to Eric Kobren's Fidelity Insight for years, but finally did not renew this year because I have been able to get the info I need off the internet directly from Fidelity. I will miss his monthly listing of all Fidelity fund performance, it was very easy to compare funds against one another with just a couple of pages of info to look at.Wade Cook is a Shark, with a capital S. Sandy J -- posted by SandyJ » Lawhawk - Just closing the bold... </b> ah... much better :) <I><A HRE Just closing the bold... ah... much betterMichael Siegel -- posted by Lawhawk » dean - </b></b></b></b></b></b></b> closing more bold tags. Dean closing more bold tags. Dean Minamimaye -- posted by dean » Lawhawk - Thanks Dean... maybe there should be a way to have the HTML code Thanks Dean... maybe there should be a way to have the HTML code automatically close (in case we forget to put them in?)Michael Siegel -- posted by Lawhawk » RichardB_6 - Sandy, Did you make any money on Eric's newsletter? Did he ju Sandy,Did you make any money on Eric's newsletter? Did he just tell performance of funds or give buy and sell signals? I trade Fidelity Sector funds. I like Fidelity family of funds with a wide range to invest in. Two that seem hot (and are new) are Fido - Business & Outsourceing and their new small cap. fund. Rick -- posted by RichardB_6 « Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 Next » Please follow the guidelines set forth in the Suite101 Posting Etiquette when adding to the discussion. |
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