Can Pro-fundity guarantee success?
You will find as you study the material in the web site that we make
no claims to success or quick bucks. In fact, we attempt to illustrate
how difficult it is to find good rollers and how quickly they can change
their nature.
Are you associated with Wade Cook or his organization?
We are not members of the Wade Cook organization. We do not subscribe to his Wealth Information Network (WIN) nor know what rollers he offers.
Please e-mail me a phone number for your company so I may speak with you about profundity.
We conduct all of our transactions and communication via e-mail.
We're happy to respond to any questions through this medium.
Can I have the name and e-mail address of
several of your clients as references?
Our client's e-mail addresses are confidential. We can ask a
couple of them to contact you but it's their call.
I have enrolled in other rolling stock pages
and they never came through with what they claimed nor was the information
up to par.
I share your cynicism of other rolling stock web sites. I've
subscribed to some during the past year and find little help. I suspect
owners of the sites use software to flag certain indicators or trends and
just download the result onto their site. We personally spend many long hours
each week studying hundreds of possible rollers before putting the weekly
10-stock offering to press.
I'm not willing to part with any of
my money unless I know that you are a legitimate service and your heart
and minds are in the right place.
It's our objective to be a reliable resource for investors interested
in rolling stocks. The idea is to narrow your search, to help you
make more intelligent and informed decisions as you take advantage of rollers.
It's as though you wanted to buy a new car with thousands of choices.
We've scoured the lots and lined ten good ones up for you to open the hood,
kick the tires, and take for a spin before laying out your hard earned
cash. Our unique Rolling Analysis gives you a sense of the stock's
personality as no other indicator can do.
If you are sending out reports via Email, please insure I am on the list.
We do not send e-mail updates routinely, keeping the Pro-fundity member page and editorial the active communication link. When prompted to do so, all members are included.
Why is a stock not listed week to week if it still meets your rolling
criteria?? Do you provide only new picks each week or can a stock show up for more than one week in a row? i.e. if a stock does not show up in week two is it because it has become a non roller or because you provide new choices each week???????????
Good questions all. Our picks meet a list of criteria, which include:
- Sound fundamentals. By selecting only stocks with sound fundamentals, our picks are much less likely to roll down and out.
- Supportive technicals. We pay close attention to the charts and a ticker's technical format. We've selected important technical indicators to help narrow our screen.
- Positive news. All rational analysis, fundamental and technical, can be set on its ear with a bit of bad news regarding a security. This can be in the form of earnings surprises, a lawsuit, changes in management, or a host of other conditions. The market can react to news events in a dramatic fashion. We pay attention to the news on each stock we consider.
- A near-term buy condition. This is the item that relates primarily to your questions. One important point we repeatedly make in our rolling stock guideposts and tutorials is the fact that good rollers do not continue to roll in the same channel. Three to five rolls is usually tops before it moves up or down to another channel. We have had a few tickers repeat four times just this year. But it is rarely in the same channel. Therefore, because of our 4th screen criteria, we would not pick even a good roller if it were at the top of the roll. In our rolling analysis that we provide each week with the picks, we find the best buy & sell conditions for the time frame indicated. But those are not recommended buy and sell points going forward. It is important to look at the rollers yourself and use your own judgement, along with the tips provided in the tutorials, to formulate your own strategy.
Your posting that was sent to me is for the week of 11/20/98, where is the 11/27/98? Or do you send at the conclusion of the previous week?
Each week's posting is based on the market closing prices on Friday of the week posted.
When you recommend a stock which is trading above your recommended buy price and is trending upward, are you suggesting that we wait until the stock comes back into the buy range?
First, we do not make recommendations. We line up 10 high quality possible's and let you kick the tires, look under the hood, even take them for a test drive (via paper trades) before making your decision to lay out your hard earned cash, for which we receive nothing. We make the point that rolling stocks change their nature quickly and it requires diligence on our part to take advantage of the principle.
Are the stocks you recommend optionable?
We try to include as many optionable stocks as possible. With low cost rollers that is not always possible. Optionable stocks are so identified on the top of the Rolling Analysis with an (o).
Are there any indicators that show when a stock will stop rolling?
Certainty is a play on history. Certainty is in the past. It is essential to have a profound reverence for the market. It can take dramatic moves with no rational motive. Rolling stocks are no exception. However, if we pay strict attention to our exit strategies (see rules 4, 5, & 6) we can avoid large losses and simply let the stock itself tell us when it is tired of rolling in that channel. It often moves to another channel where it resumes its roll.
How have rolling stocks fared in bear markets?
- A rolling stock knows no season nor economic indicators. When a stock rolls it is up to us to take advantage of it.
- All rolling stocks have a finite shelf life, that is, they will stop rolling.
- Review the tutorial on the web page about "variation." It is the nature of variation, the principle of supply and demand, and the fickle/non-efficient marketplace that guarantees stocks will roll.
- To take advantage of this phenomena, we must remain flexible and ready to change direction at a moments notice. We do this by watching stocks that appear to be rolling carefully. If we follow the rules identified in the "Rolling Stocks" tutorial on the page, we can stack the cards in our favor, obtain that "edge" that spells the difference between failure and success.
- The answer to your question is simply it depends on how the rolling stocks are played in down markets. Our attempt with our offerings each week is to put enough potential rollers in front of you to help you make sound decision about what action to take.
I am a British citizen. Is it possible to buy US stocks via the Internet?
If so how? What is the minimum/maximum I can invest? What do you charge
for transactions? Please advise.
We are not a web broker and do not execute market transactions. We are an
educational/information service providing helps on using the Rolling Stocks
investment strategy, with 10 potential rollers each week. Our rollers are
selected on the basis of four issues; 1) strong fundamentals, 2)
supportive technicals, 3) news, and 4) a near term buy position. We do not
make recommendations, but provide you with a head start in doing your own
research. We have selected what we believe are good investments, you have
to make the final choice.
To begin your on-line investment activity you must choose a broker.
Following are some good choices:
URL
- Accutrade www.accutrade.com
- DLJ Direct www.dljdirect.com
- E-Trade www.etrade.com
- Schwab www.schwab.com
- Datek www.datek.com
- Suretrade www.suretrade.com
You will pay commissions from $5 to $30 per transaction. Some cost more
but provide more benefits. We can't tell you which is best, you need to
find one that fits your own situation. You can go to these sites and begin
your selection process. Compare levels of service as well as commission
costs. Find what kinds of trades they will allow and how fast they can
help you with customer service and how easy it is to use. You can also
check an on-line service to evaluate web brokers, such as
www.gomezadvisors.com. Another consideration is how much cash up front
they require to open an account. Take your time with this important decision.
The Editorial and Pro-fundity Pages do not appear to get updated each Saturday.
The problem you may be seeing is a browser caching problem. The more popular web browsers, such as Netscape and Internet Explorer, will save Internet documents on your local hard drive for a period of time or until that space reserved for Internet documents has filled up. If the latter occurs the first stored files will be the first purged to free up space for new documents. By default, browsers are configured to reserve approximately 1MB of memory and 5MB of disk space for temporary caching of Internet files.
If you are sitting on a corporate network, the company gateway or firewall may also cache (save) graphics and documents to speed up the time it takes to download Internet documents for multiple users or users that revisit the same locations.
Browsers do this to speed up surfing when going to sites you frequently visit. This is especially true for graphics, if a corporate logo is downloaded once, there is no need to download the same graphic if it resides on multiple pages within a web site you may be perusing. This, occasionally undocumented, feature can often cause problems when viewing pages that change often. As a web designer, there are special html tags that we can use to force your browser to refresh specific documents when selected, however, this does not work all the time for all the different browsers. We have even seen this with different versions of the same browser.
A couple things you might try:
- Select the "Refresh" or "Reload" button at the top of your browser. This occasionally forces your browser to read the file from the web site rather than your hard disk.
- Force your browser to clear its local cache, in Netscape v.4.x, you can find this option under the "Edit" pull down menu, "Preferences" option, "Advanced", "Cache" menus. In Netscape v.2.x, you can find it under the "Options" pull down menu, "Network Preferences", "Cache" tab. In versions of Internet Explorer, you may find it under the "View" pull down menu, "Options", "Navigation" tab, and "History" section.
If the above steps do not solve your problem, you may have some corruption in your browser application or, If in a corporate environment, your gateway/firewall is not releasing old saved documents and forcing you to view the old saved version. If the second is the case, contact your network administrators.
If you are using a different browser that Netscape or Internet Explorer, or you try the above with no success, please let the web admin know and they will troubleshoot the problem with you until it can be resolved.
Where to now?
This web site is just the beginning. As we move ahead, receiving
your input, and reacting to the dynamic nature of the market, continual
improvement will be the war-cry. Both for the nature of the rolling-stocks
strategy as well as other strategies currently under construction.