Press Release
Automatic Investor Brings Vulcan-Like Investment Logic to the Human Race
VANCOUVER, British Columbia, Dec. 9, 2000 /PRNewswire/ -- Automatic Investor continues to guide investors through turbulent markets by eliminating human emotion from the investment equation.
"Studies show that people hate to lose money and will take on much more risk to make back their losses," said Mark Hing, President of Automatic Investor. "Usually that's not the logical course of action and they end up losing even more."
To combat this type of emotional investing, Hing's company developed the Automatic Investor software to generate specific buy and sell signals. It's based on a proven, time-tested algorithm that balances cash and equity so that overall risk is minimized and returns are maximized.
"With the volatility we're seeing in today's markets, emotions are swinging between fear and greed," said James Baird, Automatic Investor's Director of Research. "When markets are going up, greed kicks in and investors use margin excessively. When markets are falling, everyone panics and the sell-off begins. Unfortunately that's human nature."
Mr. Spock would not be proud. Rather than being driven by fear and greed, investors need to put aside their emotions, find a successful strategy, be patient and stick with it. Automatic Investor delivers the strategy and gets rid of the emotion.
Automatic Investor is the complete tool for investors of all levels, from the inexperienced to the veteran, who want a proven, disciplined and reliable investment method. It also offers the power to back-test thousands of stocks and mutual funds with one mouse click. Investors can use the historical analysis function to effortlessly compare results with other investment strategies. Over 40 years of daily data can be analyzed in less than 10 minutes.
A free 30-day preview can be downloaded from the Automatic Investor Web site at www.automaticinvestor.com.
About Automatic Investor
Automatic Investor researches and develops investment advice software for the Internet and Windows. Its software and services were developed to help retail investors make sound investment decisions and allow financial service providers to better serve their clients. The cornerstone of Automatic Investor's software is its Analysis Engine technology, that gives crystal clear, objective and personalized recommendations on when to buy and sell securities. For more information, please visit www.automaticinvestor.com.
Contact: Mark Hing of Automatic Investor, 604-618-9439
Email, mhing@automaticinvestor.com.