RE: [CANSLIM] Non Canslim

From: "Surindra" <surindra@yahoo.com>
Subject: RE: [CANSLIM] Non Canslim
Date: Fri, 8 Feb 2002 12:59:04 -0500

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Agree, FTD (FORT DEARBN INCM, NYSE:FTD) is really noncanslim.

;-)

- -----Original Message-----
From: owner-canslim@lists.xmission.com
[mailto:owner-canslim@lists.xmission.com] On Behalf Of Boyd
Sent: Friday, February 08, 2002 12:05 PM
To: canslim@lists.xmission.com
Subject: Re: [CANSLIM] Non Canslim


They usually document FTDs and distribution days in "The Big Picture"
section.

Norm


Patrick Wahl writes:

> Follow Through Day, don't know where it would appear in the paper, 
> probably in the
> market wrapup section.
> 
> On 8 Feb 2002 at 6:05, larry l worden wrote:
> 
> > 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
> >         On Fri, 8 Feb 2002 13:32:26 +0100 Andreas Himmelreich 
> > <judgejimmy@web.de> writes:
> > > Hi,
> > > 
> > > hope you get not mad at me, but maybe you think about going short 
> > > in
> > > market 
> > > downturns.
> > > 
> > > I am new in this teritorry as well, nevertheless I can not see a
> > > reason for 
> > > staying flat and waiting bored for the next
> > > follow through day. I know its not Canslim, Oneil says that he was

> > > not able 
> > > to profit in the bear markets beeing short (only three out of 9 or

> > > something like
> > > this), but I really can not see what is so difficult.
> > > 
> > > Its as easy as beeing long if you put the same money management 
> > > and
> > > market 
> > > timing rules to it.
> > > 
> > > How I do it:
> > > 
> > > For the main part (50 - 75%) I short the whole Index, I do that 
> > > with
> > > going 
> > > short on QQQ (and Index fund, heavily traded, trillion ticks a 
> > > minute 
> > > therfore
> > > very liquid) The rest (25%) I put into 10 - 20 companies going
short 
> > > (I use 
> > > a wider SL on them, 10 - 15%)
> > > I will cover whenever IDB calls the next FTD.
> > > 
> > > So I got a lot of diversification and the results will not be as
> > > good as 
> > > during bull markets using canslim, but they will be substantially 
> > > better 
> > > then
> > > going into bonds and fixed rate stuff.
> > > 
> > > Do not feel morally good about going short: Well, if we would have
> > > listened 
> > > to the short sellers 12 Months ago, Enron would have been out of
> > > the woods earlier. Look at Germany: Short selling is not allowed, 
> > > for 
> > > institutions only for one day.
> > > 
> > > The nasdaq of Germany Index (Neuer Markt, translated New Market)
> > > went from 
> > > 1000 to 9500 and from 9500 to 600 (now at around 1100). Billions 
> > > have been
> > > burned by criminals. And there was nobody who went against the
trend 
> > > and 
> > > said the public that certain CEOs are doing fraud. So the
volatility 
> > > is 
> > > much higher. Lots of frauds (like 20 little "Enrons" in a market 
> > > that has 
> > > 300 stocks and much more to come).
> > > 
> > > See you
> > > 
> > > Andreas
> > > 
> > > 
> > > -
> > > -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the 
> > > email body, write "subscribe canslim" or -"unsubscribe canslim".  
> > > Do not use quotes in your email.
> > > 
> > 
> > -
> > -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the 
> > email body, write "subscribe canslim" or -"unsubscribe canslim".  Do

> > not use quotes in your email.
> 
> 
> 
> -
> -To subscribe/unsubscribe, email "majordomo@xmission.com"
> -In the email body, write "subscribe canslim" or -"unsubscribe 
> canslim".  Do not use quotes in your email.
> 

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