Re: [CANSLIM] Lack of Buy Candidates


From: "Katherine Malm" <kmalm@earthlink.net>
Subject: Re: [CANSLIM] Lack of Buy Candidates
Date: Fri, 15 Feb 2002 08:54:26 -0600

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Hi Rob,

I know there are plenty of folks here who short, but the subject only =
comes up on occasion because you are right, it is an advanced trading =
technique in comparison to CANSLIM in general. I'd also agree with you =
that my short scans are turning up far more candidates than my long =
scans. At the same time, however, I also see plenty of good quality =
CANSLIM stocks continuing to build healthy bases. All in all, I'd say =
the market is "stuck!"

Katherine
  ----- Original Message -----=20
  From: Rob Miller=20
  To: canslim@lists.xmission.com=20
  Sent: Friday, February 15, 2002 8:40 AM
  Subject: [CANSLIM] Lack of Buy Candidates


  Even if we have a FTD from here, I see few stocks worth buying.  =
However, my short list is overflowing.  The only moderately attractive =
stocks I see on the long side are those already in an uptrend that are =
riding their lower channel.

  Is shorting considered off limits for this list?  I know that WON =
discourages it, but he also claimed to make good money from shorts in =
HTMMIS.  As I understand it, he discourages it as a medium for the =
masses, nor necessarily for everyone. =20

  Rob  =20

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<BODY bgColor=3D#ffffff>
<DIV>Hi Rob,</DIV>
<DIV>&nbsp;</DIV>
<DIV>I know there are plenty of folks here who short, but the subject =
only comes=20
up on occasion because you are right, it is an advanced trading =
technique in=20
comparison to CANSLIM in general. I'd also agree with you that my short =
scans=20
are turning up far more candidates than my long scans. At the same time, =

however, I also see plenty of good quality CANSLIM stocks continuing to =
build=20
healthy bases. All in all, I'd say the market is "stuck!"</DIV>
<DIV>&nbsp;</DIV>
<DIV>Katherine</DIV>
<BLOCKQUOTE dir=3Dltr=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=3Drmiller2@carolina.rr.com =
href=3D"mailto:rmiller2@carolina.rr.com">Rob=20
  Miller</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> Friday, February 15, 2002 =
8:40=20
  AM</DIV>
  <DIV style=3D"FONT: 10pt arial"><B>Subject:</B> [CANSLIM] Lack of Buy=20
  Candidates</DIV>
  <DIV><BR></DIV>
  <DIV><FONT face=3DArial size=3D2>Even if we have a FTD from here, I =
see few stocks=20
  worth buying.&nbsp; However, my short list is overflowing.&nbsp; The =
only=20
  moderately attractive stocks I see on the long side are those already =
in an=20
  uptrend that are riding their lower channel.</FONT></DIV>
  <DIV><FONT face=3DArial size=3D2></FONT><FONT face=3DArial=20
size=3D2></FONT>&nbsp;</DIV>
  <DIV><FONT face=3DArial size=3D2>Is&nbsp;shorting considered&nbsp;off =
limits for=20
  this list?&nbsp; I know that WON discourages it, but he also claimed =
to make=20
  good money from shorts in HTMMIS.&nbsp; As I understand it,=20
  he&nbsp;discourages it&nbsp;as a medium for the masses, =
nor&nbsp;necessarily=20
  for everyone.&nbsp;&nbsp;</FONT></DIV>
  <DIV><FONT face=3DArial size=3D2></FONT>&nbsp;</DIV>
  <DIV><FONT face=3DArial size=3D2>Rob&nbsp;&nbsp;=20
</FONT></DIV></BLOCKQUOTE></BODY></HTML>

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