Re: [CANSLIM] Lack of Buy Candidates


From: "Tom Worley" <stkguru@netside.net>
Subject: Re: [CANSLIM] Lack of Buy Candidates
Date: Fri, 15 Feb 2002 23:47:43 -0500

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haven't shorted in years, fully invested year round, made lots of $$ =
last year, and profitable so far this year (including my fully margined =
account).

Tom Worley
stkguru@netside.net
AIM: TexWorley
  ----- Original Message -----=20
  From: Dan Forant=20
  To: canslim@lists.xmission.com=20
  Sent: Friday, February 15, 2002 8:03 PM
  Subject: Re: [CANSLIM] Lack of Buy Candidates


  Of course it's absurd. If anyone's been in the market for the past =
year and hasn't shorted and made $$, they are either very lucky or far =
better than the average investor. There was no shortage of stocks to =
short in TC2000 and candlesticks.=20

  L8ter
  DanF
    ----- Original Message -----=20
    From: Ian=20
    To: canslim@lists.xmission.com=20
    Sent: Friday, February 15, 2002 11:13 AM
    Subject: Re: [CANSLIM] Lack of Buy Candidates


    I find it almost absurd that WON discourages shorting. Almost all of =
WON's ideas appear to have originated with Jesse Livermore, who made the =
bulk of his money on the short side. The rules for selling a big CANSLIM =
winner make for perfect short candidates. Although selling a failed =
breakout as it returns into its base is NOT typically a good short =
candidate. JMHO.

    Ian



    ----- Original Message -----=20
      From: Rob Miller=20
      To: canslim@lists.xmission.com=20
      Sent: Friday, February 15, 2002 6:40 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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<DIV><FONT face=3DArial>haven't shorted in years, fully invested year =
round, made=20
lots of $$ last year, and profitable so far this year (including my =
fully=20
margined account).</FONT></DIV>
<DIV>&nbsp;</DIV>
<DIV>Tom Worley<BR><A=20
href=3D"mailto:stkguru@netside.net">stkguru@netside.net</A><BR>AIM:=20
TexWorley</DIV>
<BLOCKQUOTE dir=3Dltr=20
style=3D"PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; =
BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
  <DIV style=3D"FONT: 10pt arial">----- Original Message ----- </DIV>
  <DIV=20
  style=3D"BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: =
black"><B>From:</B>=20
  <A title=3Ddforant1@nycap.rr.com =
href=3D"mailto:dforant1@nycap.rr.com">Dan=20
  Forant</A> </DIV>
  <DIV style=3D"FONT: 10pt arial"><B>To:</B> <A =
title=3Dcanslim@lists.xmission.com=20
  =
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
 </DIV>
  <DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Friday, February 15, 2002 =
8:03=20
  PM</DIV>
  <DIV style=3D"FONT: 10pt arial"><B>Subject:</B> Re: [CANSLIM] Lack of =
Buy=20
  Candidates</DIV>
  <DIV><BR></DIV>
  <DIV><FONT face=3DArial size=3D2>Of course it's absurd. If anyone's =
been in the=20
  market for the past year and hasn't shorted and made $$, they are =
either very=20
  lucky or far better than the average investor. There was no shortage =
of stocks=20
  to short in TC2000 and candlesticks. </FONT></DIV>
  <DIV><FONT face=3DArial size=3D2></FONT>&nbsp;</DIV>
  <DIV>L8ter<BR>DanF</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=3Dianstm@shaw.ca href=3D"mailto:ianstm@shaw.ca">Ian</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>=
=20
    </DIV>
    <DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Friday, February 15, =
2002 11:13=20
    AM</DIV>
    <DIV style=3D"FONT: 10pt arial"><B>Subject:</B> Re: [CANSLIM] Lack =
of Buy=20
    Candidates</DIV>
    <DIV><BR></DIV>
    <DIV><FONT size=3D2>I find it almost absurd that WON discourages =
shorting.=20
    Almost all of WON's ideas appear to have originated with Jesse =
Livermore,=20
    who made the bulk of his money on the short side. The rules for =
selling a=20
    big CANSLIM winner make for perfect short candidates. Although =
selling a=20
    failed breakout as it returns into its base is NOT typically a good =
short=20
    candidate. JMHO.</FONT></DIV>
    <DIV>&nbsp;</DIV>
    <DIV><FONT size=3D2>Ian</FONT></DIV>
    <DIV>&nbsp;</DIV>
    <DIV>&nbsp;</DIV>
    <DIV>&nbsp;</DIV>
    <DIV>----- Original Message ----- </DIV>
    <BLOCKQUOTE=20
    style=3D"PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; =
BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
      <DIV=20
      style=3D"BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: =
black"><B>From:</B>=20
      <A title=3Drmiller2@carolina.rr.com=20
      href=3D"mailto:rmiller2@carolina.rr.com">Rob Miller</A> </DIV>
      <DIV style=3D"FONT: 10pt arial"><B>To:</B> <A=20
      title=3Dcanslim@lists.xmission.com=20
      =
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
=20
      </DIV>
      <DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Friday, February 15, =
2002 6:40=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=20
      stocks worth buying.&nbsp; However, my short list is =
overflowing.&nbsp;=20
      The only moderately attractive stocks I see on the long side are =
those=20
      already in an 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=20
      for this list?&nbsp; I know that WON discourages it, but he also =
claimed=20
      to make good money from shorts in HTMMIS.&nbsp; As I understand =
it,=20
      he&nbsp;discourages it&nbsp;as a medium for the masses,=20
      nor&nbsp;necessarily 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></BLOCKQUOTE></BLOCKQUOTE></BODY></HTML>

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Next Article (by Date): Re: [CANSLIM] Lack of Buy Candidates "David Squires"
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