Re: [CANSLIM] market direction

From: "Dan Forant" <dforant1@nycap.rr.com>
Subject: Re: [CANSLIM] market direction
Date: Sun, 13 Jan 2002 11:31:43 -0500

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I have been saying all along this is going to be a sloooooooowwwww,
recovery. Well into the year. All we have to do is *read* the news. I listen
to a local analyst here named Larry King, he's with Smith Barney. A few
weeks ago he was calling for a quick market return. Just Friday he changed
course and now calls for growth but very slow. Analysts jobs from brokerage
houses are to soften the tone of bad news. They can even make it sound good.
Sure there are stocks out there that the savvy trader may pick, but on
average not. It takes months to years for rate and tax cuts to filter into
the economy.

DanF


- ----- Original Message -----
From: "Kent Norman" <kent_norman@yahoo.com>
To: "CANSLIM" <canslim@xmission.com>
Sent: Sunday, January 13, 2002 10:11 AM
Subject: [CANSLIM] market direction


> Many "experts" are expecting the market to follow
> tradition and rise in January and go flat to down for
> a few months. Do you think this weeks 5 down days are
> meaningful?
>
> I know WON says we don't need to be concerned with
> where the market is heading, just where it is.
>
> So where is it? Is the party over? Should we all get
> out of the pool?
>
> Kent Norman
>
>
> =====
> Opportunities always look bigger going than coming.
>
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