Tuesday, June 26, 2007

Why you should be wary of MSN's "Stock Scouter" system

Although the "Stock Scouter" system often will give you a good rating for sound long term investments, it is not always correct. For example IAG was rated a 9 back on 9-18-06 but now has dropped to a 4 and fallen around 20%. Also, PD (now FCX) was rated a 6 then rose 24% until it was bought out. My point, trust your own instincts.

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