Re: [CANSLIM] Lack of Buy Candidates

From: "Dan Forant" <dforant1@nycap.rr.com>
Subject: Re: [CANSLIM] Lack of Buy Candidates
Date: Sat, 16 Feb 2002 06:29:25 -0500

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First of all, you can't compare the German market with ours, and saying
shorting is immoral is laughable. Difficult to to? Why?

L8ter
DanF
- ----- Original Message -----
From: "Andreas Himmelreich" <judgejimmy@web.de>
To: <canslim@lists.xmission.com>
Sent: Saturday, February 16, 2002 5:32 AM
Subject: AW: [CANSLIM] Lack of Buy Candidates


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
2000, and since then some stocks out of that group are up tenfold. Anothe=
r
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
difficult to do.
Look at the markets in Germany (where shorting is not allowed). We had
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 $$ la=
st
year, and profitable so far this year (including my fully margined
account).
>
> Tom Worley
> stkguru@netside.net
> AIM: TexWorley
>   ----- Original Message -----
>   From: Dan Forant
>   To: canslim@lists.xmission.com
>   Sent: Friday, February 15, 2002 8:03 PM
>   Subject: Re: [CANSLIM] Lack of Buy Candidates
>
>
>   Of course it's absurd. If anyone's been in the market for the past ye=
ar
and hasn't shorted and made $$, they are either very lucky or far better
than the average investor. There was no shortage of stocks to short in
TC2000 and candlesticks.
>
>   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 o=
f
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
kout as it returns into its base is NOT typically a good short candidate.
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.
 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.
>
>       Rob
>  << Datei: ATT00012.htm >>

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