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 18:27:30 -0500

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Gregory Morris is President of G.Morris Corporation, an investment/software
consulting firm headquartered in Dallas, Texas. He arguably wrote the best
book on candlestick charting,"Candlestick Charting Explained". A book about
300 easy to read pages with plenty of charting examples. The simplicity and
clarity of reading charts is far superior to Western style charts. Also if
you learn 1-3 day stick patterns you will no doubt increase your chances of
success with any trading system. Japanese Candlesticks have been used for
hundreds of years.

He highlights a system called "Candlestick Filtering". A short term system
that doesn't glue one to a monitor. It's very successful. I use it and have
more confidence in trading.

As for CANSLIM, candles can give excellent signals that a handle is about to
breakout, or not days before.

The book store price is $37.50, far less online.

L8ter
DanF
- ----- Original Message -----
From: "Quan Tran" <vyellon@yahoo.com>
To: <canslim@lists.xmission.com>
Sent: Saturday, February 16, 2002 2:01 PM
Subject: Re: [CANSLIM] Lack of Buy Candidates

> Dan,
>
> Who's Gregory Morris?  Do you have an URL?
>
>
> --- Dan Forant <dforant1@nycap.rr.com> wrote:
> > Andreas,
> >
> > I understand your point now concerning shorting. There also have been
stocks
> > as you mentioned  worth going long for. Everyone has to adjust a method
to
> > their liking. It's important to get into a market at it's earliest move
> > upward, but one must be very careful. It's volatile down there. Tom's
has
> > years of well earned experience and plays his method well. CANSLIM works
> > well in a bull market. I'm not so sure we're headed there yet. Till then
> > I'll use candlesticks and Gregory Morris's filtering system.
> >
> > L8ter
> > DanF
>
>
> =====
> Quan Tran
> vyellon@yahoo.com
>
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