Robbie Fanning (whom I am sorry I missed meeeting at the Congress) wrote:
The current unanswered burning question is: On the front of the SSG why would I choose to project the trend line from the latest quarter instead of from the end of the trend line? >>>>>>>>>>>> My answer is: (drumroll please) It depends. It depends on which quarter of the year it is that you are using. It depends an how far away from the trend line the quarters are and why. It depends on where the trend line terminus is. It depends on how you arrived at that trend line. It depends on what you think the future prospects for the company are. It depends on your reading of the company in the annual report and researching other information resouces. It depends on how well you think management is doing after checking out Sections 2A and 2B. It depends on new products in the company's pipeline. Hope this answers all of your questions. ;) No, seriously, you ask a very good question, and these responses are serious answers. It boils down to that same old mantra of ours...judgement, judgement, judgement. Like everything else in NAIC land, there are no hard and fast rules (I *knew* we were 'Ornery Investors'! A less kind soul, though, may wish to call us 'Investment Anarchists', because we don't listen to any old rules that don't make sense to us.) And where to put that trend line is Judgement Number One. Wishing you Better Investing, Candis King Circling O'Hare, almost ready to land
