no comments?

I'll answer - Voodoo.

I've read the book, subscribe to the service, attended seminars..... and still can't get comfortable with the process. The x's and o's I get. The idea of simple supply/demand. And I will pay attention to the general directional calls they make.

But the true disciples will use the philosophy to get completely out of the market. Often.

You therefore have to be right twice. Once when timing out of the market, and again when timing back in. Have a hard time trusting that it will work. In fact they have had a money management service with a very so-so track record.

I think if you are running a quasi hedge fund, market nuetral type of portfolio it could work. But I remain fairly skeptical.

Also, if you are in an asset accumulation phase, I think the "story" is very compelling to investors right now. The idea that you will get them out before any market correction.

Dorsey Wright is simply based on supply / demand.  There is a mildly steep learning curve but his site and info is extremely solid. His daily updates are sensible and any broker who is fluent in PNF point and figure is at a  huge advantage. I would recommend his occasional bootcamps and his forums and to subscribe to his site.

He's a great guy too!

My 2c

Dash

TWEETss.com

p.s. I learned about "TheShermanSheet" from Dorsey Forums which I truly like as well.

Agree wtih everything Dashover says. They provide multiple tools and its up to you to create a system that works for you, using those tools. It has helped me a lot. The thing is, it takes a lot of work, commitment and patience to really get your arms around it. i am using it over 5 years and still learning . The message board is an excellent source of info and great way to learn from more experienced users. Its a paid service, not cheap for full access, but i consider it an investment.

I am going to add, that there are extensive posts on the DWA methodology, and good robust debate about whether it makes sense to use, on the other forum, www.advisorheads .com. Its worth going there if you are interested in info on Dorseys approach and hearing from experienced users.

Disclosure: I have zero vested interest in anyone going to that forum, other than more people to trade information with.

[quote=Sportsfreakbob]

Agree wtih everything Dashover says. They provide multiple tools and its up to you to create a system that works for you, using those tools. It has helped me a lot. The thing is, it takes a lot of work, commitment and patience to really get your arms around it. i am using it over 5 years and still learning . The message board is an excellent source of info and great way to learn from more experienced users. Its a paid service, not cheap for full access, but i consider it an investment.

I am going to add, that there are extensive posts on the DWA methodology, and good robust debate about whether it makes sense to use, on the other forum, www.advisorheads .com. Its worth going there if you are interested in info on Dorseys approach and hearing from experienced users.

Disclosure: I have zero vested interest in anyone going to that forum, other than more people to trade information with.

[/quote]

This thread was started over a week ago, and to date there are 7 posts? Pathetic.

That's the way it goes these days.  I feel like we lost a lot of participation when the site was re-done.  4 years ago it was hot.

Where is Stan Browm??????

I use DW.

Their NyseBP and sector bell curve help a lot with showing when to increase or decrease equity exposure. A simple following of this would've better prepared any advisor for the 08-09 (bpnyse reversed down in late 07) and on the up side it gave a good signal for the aug10-jan 11 market rally ..

A complete technical analysis solution for financial professionals.A turn-key way to implement Relative Strength strategies