Re: [CANSLIM] Contrarian

From: "Tim Fisher" <Tim@orerockon.com>
Subject: Re: [CANSLIM] Contrarian
Date: 16 Jan 2002 06:50:39 -0800

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Who cares? Once again, if you trade CANSLIM, you follow the M's buy and 
sell signals. This is an "everybody out of the pool" signal. We are 1 
distribution day from a broken rally.

At 09:42 AM 1/16/2002 -0500, you wrote:
>With all the bearishness on the list the last couple days, I wonder if the
>market is ready to turn around and move higher soon. After all, the
>markets have gone through quite a correction the past few weeks, and the
>Nasdaq is still above its 50 and 200 day averages.
>
>Things do look ugly, and I'm selling some positions, but I wonder if this
>is really doom and gloom or just a pause...
>
>
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Tim Fisher
Ore-ROCK-On Rockhounding Web Site
Pacific Fishery Biologists Information
mailto:tim@OreRockOn.com
WWW http://OreRockOn.com


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