SOURCE: California News Tech

October 05, 2005 09:00 ET

California News Tech to Enter Co-Marketing Agreement With Avid Trader, Inc.

SAN FRANCISCO, CA -- (MARKET WIRE) -- October 5, 2005 -- California News Tech (OTC BB: CNTE) has announced that it will promote its MediaSentiment™ products through a co-marketing agreement with AvidTrader.com, Inc. The companies will be marketing each other's products online. In addition, California News Tech president and CEO Mr. Marian Munz will discuss the MediaSentiment Heads-Up™ product in an online chat with all registered AvidTrader users, scheduled for October 18th, at www.avidtrader.com; free passwords are available at the site.

Rod David, president of AvidTrader.com, Inc., is already enthusiastic about using sentiment to find trading opportunities: "So long as market prices can move freely, sentiment will be a big part of price." David says that "Subscribers can combine AvidTrader's interpretation of stock sentiment with MediaSentiment's company research for two unique ways to trade market perception."

MediaSentiment™ offers a range of services, all available at www.mediasentiment.com, which focus on helping online investors to make faster and better investment decisions. Also, MediaSentiment™ serves traders who are interested in fast, reliable and accurate information to help them take advantage of market opportunities. MediaSentiment™ consists of a number of indices that measure NYSE and Nasdaq companies' earnings reports and news media coverage as positive, negative or neutral. In particular, MediaSentiment Heads Up™ creates thumbs up / thumbs down recommendations for stocks almost instantly based on the sentiment behind their earnings reports. MediaSentiment's exclusive technology provides users with up-to-the-minute information, vital to investing, and, in terms of predicting market movement, it gives them a significant edge up on other investors. The speed and comprehensiveness of MediaSentiment Heads Up™ recommendations very often best leading financial news sources, giving MediaSentiment™ subscribers a competitive edge up on other traders and allows them more profitable trading opportunities.

AvidTrader launched 10 years ago on the web, publishing its proprietary trading ideas and market opinion. Research includes indexes, energy, financials, metals, agriculture, currency and stocks. AvidTrader's analytical methods provide unique perspective unavailable anywhere else. The first in its category to be listed on Yahoo!, soon thousands of readers were checking AvidTrader's daily market commentary. Day traders, swing traders and position traders are able to apply AvidTrader research to create their own portfolios and profitable strategies.

Contact Information

  • Contact:

    California News Tech:
    Marian Munz
    877-370-7401
    Email Contact