AUSTIN, Texas, Jan. 15, 2004 (PRIMEZONE) -- Today, TurnerTrends, Inc. (www.turnertrends.com) announced the weekly stock investment newsletter's 2003 portfolio performance, a 62.3% return. Founder and President Michael Turner commented on the company's newsletter, its signature product: 'This is the future of individual investing. We are a small firm that has a very strict investment philosophy, but we have a subscriber base from across the country that is enthusiastic about our product and wants to help us tell the story."
Turner's investment philosophy produced large gains in both the bear market of 2002 and the bull market of 2003. "We believe we have the most unique and certainly one of the most successful trading systems for the individual investor," commented Turner. "Our technical analysis system has been developed and performance-graded in a double-blind series of tests of over a thousand stocks, and encompassing a testing period of over 40 years of markets and stock price fluctuations."
This system has consistently produced remarkable gains at very low levels of risk. In fact, as of the end of 2003, the TurnerTrends portfolio was up over 93% since inception. Mr. Turner added that the product is targeted at active individual investors, "We believe our system can be an effective investment tool for virtually any investor, but it is particularly well suited for investors who have $50,000 or more in the stock market."
The company's market research indicates that there are millions of investors who are disappointed in the low returns they have been getting through traditional brokerage houses and mutual funds. Turner added, "They have seen a steady erosion of their 401k retirement programs. These investors are looking for ways to take control of some or all of their stock investments and are very interested in finding ways to trade stocks successfully."
TurnerTrends is not an advisory service nor is it licensed to offer financial advice, but the weekly TurnerTrends newsletter provides a `window' into the planned trades that TurnerTrends intends to make in advance of actually making those trades. On Saturday of each week, the subscriber is given advanced knowledge about the planned trades that the portfolio management will execute on the following Monday morning, as they use the powerful technical analysis software system to pick the right stocks to buy, hold or sell. Investors are invited to `trade-along-side' the portfolio management as they invest the assets of a fixed fund portfolio.
And, unlike most other stock trading websites and newsletters, TurnerTrends shows 100% of the results of all its trades and the complete historical performance.