Re: [CANSLIM] Contrarian

From: "Tom Worley" <stkguru@netside.net>
Subject: Re: [CANSLIM] Contrarian
Date: Wed, 16 Jan 2002 09:48:11 -0500

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Hi Dave,

Judging just from all my small caps, I think we may be in for a period of
consolidation for a week or more. My small caps have been moving in
inconsistent fashion, fortunately on low volume for the most part. But the
markets are moderately overbought, so some consolidation is in order. We
need more bearish sentiment to move any higher.

Tom Worley
stkguru@netside.net
AIM: TexWorley
- ----- Original Message -----
From: "Dave" <drubin@i-2000.com>
To: <canslim@lists.xmission.com>
Sent: Wednesday, January 16, 2002 9:42 AM
Subject: [CANSLIM] Contrarian


> 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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