Re: [CANSLIM] MCAF

From: Spencer48@aol.com
Subject: Re: [CANSLIM] MCAF
Date: Thu, 17 Jan 2002 15:17:20 EST

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Gyorgy:

     Good point.  WON has said-to paraphrase-that when the Market drops on 
Good News then it's a bad omen.  In today's Big Picture, IBD notes that 
E-Bay, even though it beat earnings estimates lost ground-about 5%-yesterday. 
 Also, today's Big Picture observes that in the summer of 2000 when earnings 
reports were nice, the Market began stuttering from its short-term Bull 
Rally.  The Lesson (as far as I'm concerned): PAY HEED WHEN THE MARKET'S 
TALKING.  Tim was right (I don't believe I'm putting words in his mouth) when 
he noted that the market was giving signals as to its weakness with all its 
distribution days.

     Sorry about MCAF, Katherine.  We've all been there (hope I never have to 
go wherever "there" is ever again-it's more painful than the woodshed!)

jans


In a message dated 1/17/2002 12:11:09 PM Eastern Standard Time, 
GyorgyV@rcmachine.com writes:

<< Unfortunately, nowadays any every news that is not excellent can decimate a
 stock.
 
 Katherine Malm wrote:
 
 >  Understood...all the sell signals were there...just lost focus....more in 
the
 > post analysis >>

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