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All Press Releases for March 25, 2000 Subscribe to this News Feed    
 

ChoicePicks.com Releases a Free Weekly Newsletter & Volumentum(tm) Indicator Trading Examples

Scottsdale, Ariz.-- March 23, 2000 -- ChoicePicks.com officially released free weekly trading examples based on the acclaimed VolumentumTM indicator along with a free weekly newsletter publication. The combination of the trading examples and the newsletter provides investors with both a micro and macro view into the markets," commented Mike Bednarz, portfolio manager of ChoicePicks.com.

With this new offering, ChoicePicks.com is expanding its list of premium products with a free service that provides investors with additional tools to help with trading decisions. The newsletter focuses on the current events that are shaping the direction of the stock market, summarizes notable economic events and highlights the industry sectors that are currently in favor. It also gives a summary of the current technical condition of the markets to help confirm your fundamental assessment. This valuable information can help improve your trading results by keeping you in tune with the markets and help you to pick stocks with a higher probability of success.

The weekly Choice Pick stock charts and company analysis provide a short-term trading example that can be used in conjunction with the overall market perspective given in the newsletter. Even though we trade individual stocks, it is imperative that we know the condition of the general markets and take into account which sectors are performing well. The stocks you select may look strong, but if they are part of a weak sector, the odds are against you," added Bednarz.

Short-term investors often use technical indicators to pinpoint the correct time to enter a position. The free weekly trading examples provide traders with an opportunity to see the Volumentum indicator at work along with commentary and analysis. Prophet Financial Systems implemented the indicator as a standard feature of their on-line charting services. "With the Volumentum indicator in Prophet's charts, investors now have online access to a powerful decision-support tool that can be applied to any stock," said Chi Huang, VP of marketing at Prophet.

Recently ChoicePicks.com listed companies such as Mercury Interactive (NASDAQ: MERQ), which has increased over 90% in value during the 34 days it was held in the portfolio. Stocks featured by ChoicePicks.com as weekly picks included Northern Telecom (NYSE: NT), America Online, Inc. (NYSE: AOL) and EMC (NYSE: EMC).

About ChoicePicks.com
ChoicePicks.com is an online educational investment service offering free weekly stock picks based on the Volumentum indicator, a free weekly market newsletter and a wealth of educational information for the beginning and advanced trader. The company also offers premium services related to daily stock picks and advanced technical analysis. For more information, visit http://www.choicepicks.com/ or e-mail dina@choicepicks.com

About Prophet
Prophet Financial Systems provides market information and Internet-based decision-support applications that enable independent investors to trade more profitably. Through a growing suite of webtop tools, including Prophet JavaCharts and SnapCharts, investors have powerful analytic views into the company's world-class financial database. In addition to serving active traders and online investors at its Web site (http://www.ProphetFinance.com), Prophet offers site-to-site licensing of its services. The company is located in Palo Alto, California, and can be reached at 650.566.8055.

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Dina Rose Galassini
ChoicePicks.com
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