AW: [CANSLIM] Lack of Buy Candidates

From: Andreas Himmelreich <judgejimmy@web.de>
Subject: AW: [CANSLIM] Lack of Buy Candidates
Date: Sat, 16 Feb 2002 11:32:34 +0100

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Tom,

I belive that is possible, there where great group moves in the last two =

years.
Actually the builders took of shortly after the rally was broken in =
March=20
2000, and since then some stocks out of that group are up tenfold. =
Another=20
wave was Medical Ethical Drugs, stuff like TARO made good bucks.

But I do not belive it makes sense to say: Shorting is inmoral or too=20
difficult to do.
Look at the markets in Germany (where shorting is not allowed). We had=20
swings going from 1000 to 9500 an then to 600 (in our "Nasdaq" the Neuer =

Markt).
With shorters in the market, this would not have happened.

Andreas


> -----Urspr=FCngliche Nachricht-----
> Von:	Tom Worley [SMTP:stkguru@netside.net]
> Gesendet am:	Saturday, February 16, 2002 5:48 AM
> An:	canslim@lists.xmission.com
> Betreff:	Re: [CANSLIM] Lack of Buy Candidates
>
> haven't shorted in years, fully invested year round, made lots of $$ =
last=20
year, and profitable so far this year (including my fully margined=20
account).
>
> Tom Worley
> stkguru@netside.net
> AIM: TexWorley
>   ----- Original Message -----
>   From: Dan Forant
>   To: canslim@lists.xmission.com
>   Sent: Friday, February 15, 2002 8:03 PM
>   Subject: Re: [CANSLIM] Lack of Buy Candidates
>
>
>   Of course it's absurd. If anyone's been in the market for the past =
year=20
and hasn't shorted and made $$, they are either very lucky or far better =

than the average investor. There was no shortage of stocks to short in=20
TC2000 and candlesticks.
>
>   L8ter
>   DanF
>     ----- Original Message -----
>     From: Ian
>     To: canslim@lists.xmission.com
>     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=20
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 brea =
=20
kout as it returns into its base is NOT typically a good short =
candidate.=20
JMHO.
>
>     Ian
>
>
>
>     ----- Original Message -----
>       From: Rob Miller
>       To: canslim@lists.xmission.com
>       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.=20
 However, my short list is overflowing.  The only moderately attractive=20
stocks I see on the long side are those already in an uptrend that are=20
riding their lower channel.
>
>       Is shorting considered off limits for this list?  I know that =
WON=20
discourages it, but he also claimed to make good money from shorts in=20
HTMMIS.  As I understand it, he discourages it as a medium for the =
masses,=20
nor necessarily for everyone.
>
>       Rob
>  << Datei: ATT00012.htm >> 

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