Re: [CANSLIM] Non Canslim

From: Spencer48@aol.com
Subject: Re: [CANSLIM] Non Canslim
Date: Fri, 8 Feb 2002 12:14:39 EST

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Larry:

     FTD stands for "Follow-Through Days"-either you or Andreas transposed 
the letters.  IBD sometimes states FTD's in the Big Picture (the Mkt. Wrapup 
Page).  
     You can follow it yourself:  FTD's appear once a rally has begun (the 
previous low has been taken out).  The main point is that once the rally 
begins, the index should uptick higher by about 2% (or more) on more than the 
previous day's volume.  This should occur on the 4th to 10th day after the 
rally has been posted (for WON to believe that a new rally has begun).
     I don't believe the index needs to close that percentage higher (2% or 
more), it merely needs to climb that high during the day.  Also, I believe 
only 1 index need make a FTD for the FTD to be valid (if the Market is truly 
strong, the other indexs will soon follow).

jans


In a message dated 2/8/2002 9:08:07 AM Eastern Standard Time, 
worden33@juno.com writes:

<< A little help please. "I will cover when IBD calls the next FTD."   Where
 does IBD state the market calls and what does FDT stand for? Sorry , I am
 making a list of abbreviations.                thanks         Larry >>

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