Re: [CANSLIM] Point of View: Why bother with fundamentals?

From: "Tim Fisher" <Tim@orerockon.com>
Subject: Re: [CANSLIM] Point of View: Why bother with fundamentals?
Date: 16 Dec 2001 08:42:08 -0800

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My thoughts exactly; however so many others are looking at fundies that 
dropping them is probably going to lower your percentage.

At 10:12 AM 12/16/2001 -0600, you wrote:
>Proposed:
>
>If a typical CANSLIM/Intermediate term move in a stock lasts only a few 
>weeks, and in good markets, only a few months, why bother selecting 
>portfolio candidates using any sort of fundamental analysis? Returns in 
>this time period are strictly based on price movement and can be maximized 
>based on technical indicators and price/volume action alone.
>
>Thoughts pro/con?
>
>Katherine

Tim Fisher
Ore-ROCK-On Rockhounding Web Site
Pacific Fishery Biologists Information
mailto:tim@OreRockOn.com
WWW http://OreRockOn.com


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