Go to Jeff Salisbury LWGate Home Page.From: "Katherine Malm" <kmalm@earthlink.net>
Subject: Re: [CANSLIM] Mr. Greenspan
Date: Thu, 24 Jan 2002 18:59:12 -0600
Previous Article (by Date): Re: [CANSLIM] Mr. Greenspan Dave Cameron
Top of Thread: Re: [CANSLIM] Mr. Greenspan Dave Cameron
Articles sorted by: [Date]
[Author]
[Subject]
This is a multi-part message in MIME format. - ------=_NextPart_000_0212_01C1A509.36659440 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Dave...Congratulations! and good reading...you'll have plenty of time = with all those middle of the night feedings.... Katherine ----- Original Message -----=20 From: Dave Cameron=20 To: canslim@lists.xmission.com=20 Sent: Thursday, January 24, 2002 6:55 PM Subject: Re: [CANSLIM] Mr. Greenspan Greetings all, I have just recently checked out (from my local library) a book entitled Greenspan: The Man Behind Money (copyright in 2000).=20 Author is Justin Martin. I'm finding it a fascinating read; and will purchase the book. It gives good insights into Alan Greenspan's life, background, beliefs, obfuscations, and helps to make sense of what he says. Some top economists who've worked with Greenspan are qouted. Martin Anderson and Murray Weidenbaum read and critiqued it. Former President Ford is quoted. etc. etc. A good example of a learning which can make one money is as follows:=20 The "irrational exuberance" comments are talked about (a day in which I went to 100% cash and sacrificed several hundred dollars at the open - which bounced back the next day). Interestingly enough, the CANSLIM rules would have forced one to cash (as I was) if followed religiously on that day. I remember distinctly (that after I'd already sold), the evening of those comments, Tom Worley posted to the group that based on his extensive experience following Greenspan's comments, he recommended to hold fast to everyone. I'd not only sold, I'd posted that it would be a good day to cut your losses - and protect your gains. After this read, if I'd known then what I know now about Greenspan, I wouldn't have sold. =20 Finally, as a postscript, I have more time for reading - less time for investing. My second child was born on Monday; my wife just got back from the hospital. I've been reading "Greenspan: The Man Behind Money" at 2 AM feedings... Maybe I understand it better that way. Dave =20 --- Tom Worley <stkguru@netside.net> wrote: > In case anyone missed it, Mr. G speaks to Congress today at 10 AM > on the US economy, and is expected to be upbeat, clarifying his > comments from his Jan 11 speech in San Francisco. >=20 > Best indications I can see are that there will not be a further cut > in the Fed rate on 1/30/02. Hopefully today will clarify that, and > prepare the market for that. A bullish perspective on a recovering > economy is likely, IMO, to more than offset any disappointment at > not getting another 25 BP cut. >=20 > Tom Worley > stkguru@netside.net > AIM: TexWorley >=20 =3D=3D=3D=3D=3D Dave Cameron dfcameron@yahoo.com __________________________________________________ Do You Yahoo!? Great stuff seeking new owners in Yahoo! Auctions!=20 http://auctions.yahoo.com - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. - ------=_NextPart_000_0212_01C1A509.36659440 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable <!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> <HTML><HEAD> <META http-equiv=3DContent-Type content=3D"text/html; = charset=3Diso-8859-1"> <META content=3D"MSHTML 5.50.4611.1300" name=3DGENERATOR> <STYLE></STYLE> </HEAD> <BODY bgColor=3D#ffffff> <DIV>Dave...Congratulations! and good reading...you'll have plenty of = time with=20 all those middle of the night feedings....</DIV> <DIV> </DIV> <DIV>Katherine</DIV> <BLOCKQUOTE=20 style=3D"PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; = BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px"> <DIV style=3D"FONT: 10pt arial">----- Original Message ----- </DIV> <DIV=20 style=3D"BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: = black"><B>From:</B>=20 <A title=3Ddfcameron@yahoo.com = href=3D"mailto:dfcameron@yahoo.com">Dave=20 Cameron</A> </DIV> <DIV style=3D"FONT: 10pt arial"><B>To:</B> <A = title=3Dcanslim@lists.xmission.com=20 = href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>= </DIV> <DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Thursday, January 24, = 2002 6:55=20 PM</DIV> <DIV style=3D"FONT: 10pt arial"><B>Subject:</B> Re: [CANSLIM] Mr.=20 Greenspan</DIV> <DIV><BR></DIV>Greetings all,<BR><BR>I have just recently checked out = (from my=20 local library) a book<BR>entitled Greenspan: The Man Behind Money = (copyright=20 in 2000). <BR>Author is Justin Martin.<BR><BR>I'm finding it a = fascinating=20 read; and will purchase the book. It<BR>gives good = insights into=20 Alan Greenspan's life, background, beliefs,<BR>obfuscations, and helps = to make=20 sense of what he says.<BR><BR>Some top economists who've worked with = Greenspan=20 are qouted. Martin<BR>Anderson and Murray Weidenbaum read = and=20 critiqued it. Former<BR>President Ford is = quoted. etc.=20 etc.<BR><BR>A good example of a learning which can make one money is = as=20 follows: <BR> The "irrational exuberance" comments are talked = about (a=20 day in<BR>which I went to 100% cash and sacrificed several hundred = dollars=20 at<BR>the open - which bounced back the next day). = Interestingly=20 enough,<BR>the CANSLIM rules would have forced one to cash (as I was)=20 if<BR>followed religiously on that day. I remember = distinctly=20 (that after<BR>I'd already sold), the evening of those comments, Tom = Worley=20 posted<BR>to the group that based on his extensive experience=20 following<BR>Greenspan's comments, he recommended to hold fast to=20 everyone. I'd<BR>not only sold, I'd posted that it would = be a good=20 day to cut your<BR>losses - and protect your gains. After = this=20 read, if I'd known then<BR>what I know now about Greenspan, I wouldn't = have=20 sold. <BR><BR>Finally, as a postscript, I have more time for = reading -=20 less time<BR>for investing. My second child was born on = Monday; my=20 wife just got<BR>back from the hospital. I've been reading = "Greenspan: The Man<BR>Behind Money" at 2 AM feedings... = Maybe I=20 understand it better that<BR>way.<BR><BR>Dave<BR> <BR>--- Tom = Worley=20 <<A href=3D"mailto:stkguru@netside.net">stkguru@netside.net</A>> = wrote:<BR>> In case anyone missed it, Mr. G speaks to Congress = today at 10=20 AM<BR>> on the US economy, and is expected to be upbeat, clarifying = his<BR>> comments from his Jan 11 speech in San Francisco.<BR>> = <BR>>=20 Best indications I can see are that there will not be a further = cut<BR>> in=20 the Fed rate on 1/30/02. Hopefully today will clarify that, = and<BR>>=20 prepare the market for that. A bullish perspective on a = recovering<BR>>=20 economy is likely, IMO, to more than offset any disappointment = at<BR>> not=20 getting another 25 BP cut.<BR>> <BR>> Tom Worley<BR>> <A=20 href=3D"mailto:stkguru@netside.net">stkguru@netside.net</A><BR>> = AIM:=20 TexWorley<BR>> <BR><BR><BR>=3D=3D=3D=3D=3D<BR>Dave Cameron<BR><A=20 = href=3D"mailto:dfcameron@yahoo.com">dfcameron@yahoo.com</A><BR><BR>______= ____________________________________________<BR>Do=20 You Yahoo!?<BR>Great stuff seeking new owners in Yahoo! Auctions! = <BR><A=20 = href=3D"http://auctions.yahoo.com">http://auctions.yahoo.com</A><BR><BR>-= <BR>-To=20 subscribe/unsubscribe, email "<A=20 = href=3D"mailto:majordomo@xmission.com">majordomo@xmission.com</A>"<BR>-In= the=20 email body, write "subscribe canslim" or<BR>-"unsubscribe = canslim". Do=20 not use quotes in your email.</BLOCKQUOTE></BODY></HTML> - ------=_NextPart_000_0212_01C1A509.36659440-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email.
Previous Article (by Date): Re: [CANSLIM] Mr. Greenspan Dave Cameron
Top of Thread: Re: [CANSLIM] Mr. Greenspan Dave Cameron
Articles sorted by: [Date]
[Author]
[Subject]