Quote Originally Posted by Sean View Post
Mike - I have recently made the switch from MarketSmith to HGSI. There has been a learning curve, that's for sure. From previous posts, I understand that you use both.

Since you have a knack for making complicated issues easier to understand, do you have any suggestions or tips for screening with HGSI for former MarketSmith users?

Any help is greatly appreciated.

Thanks,
Sean
Sean, I no longer use HGSI. It is a powerful but complex program. HGSI uses "as reported earnings." MarketSmith uses operating earnings, where a team of financial analysts removes nonrecurring items. Either view of earnings is valid, but different and there is a debate as to which is best for growth stock investors. Just be aware that there is a difference.

Because of the trendless market, most investors have been pulled into shorter term trading. The HGSI crowd is no different in this respect. I am the opposite kind of trader; I go longer term. HGSI has an ample set of tools for the longer and shorter term traders. Their new volume analysis tools are short term in nature. Jerry, who produces the daily Leaders Index commentary, uses both programs. Your question might best be directed to him. Fred Richards (not a member of this forum) is an experienced investor and is a recent convert to HGSI as is Gil Morales.

I am not sure how HGIS will conduct seminars in the future. They used to hold a three-day seminar in Palos Verdes, CA every Spring and Fall. One of the anchors of this workshop, Ian Woodward, has fallen gravely ill. The sessions were quite good.