Re: [CANSLIM] Rick-Canslim no workee?

From: Craig Griffin <cagriffin@mindspring.com>
Subject: Re: [CANSLIM] Rick-Canslim no workee?
Date: Sun, 6 Apr 1997 18:01:54 -0400 (EDT)

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At 02:17 PM 4/6/97 -0700, you wrote:
>I find it is amazing that so many people voiced against Rick.
>We are not in a cult group, are we?

No one is voicing against Rick, personally.  We just think it a waste of
time to test CANSLIM, when we need to spend that time learning or making
money in the market.  Challenging thinking is good.  Trying new concepts is
good (bring on the volume studies, Rick).  Testing CANSLIM belongs elsewhere.

>If anyone who challeng the high priest, then he/she will be cut out of
>communication? If anyone who voiced different ideology, then he/she 
>should be kick out? 

Not at all.  Nobody suggested that.  Only that we do not have time to
"prove" CANSLIM to every new group member.

>Rick, I support your voice! And I am out of here. 

Rick, we all support your voice.  We simply need to stick to our charter.
Stick around and help us apply and understand CANSLIM better (and question
the parts that do not seem to work or make sense).  If you have not yet read
O'Neil's book, take a first pass through it.  Like any discipline/practice,
this one can be improved.

Haw-Jye Shyu, Goldfish, I hope you see that another List would be better for
evaluating investment philosophies.  This list is for the purpose of
learning / sharing a particular philosphy, not to test it.  If you are
interested in CANSLIM, please stay.  If not, I understand your reason for
leaving.

Go to Jeff Salisbury LWGate Home Page.