Re: [CANSLIM] Market

From: Spencer48@aol.com
Subject: Re: [CANSLIM] Market
Date: Thu, 21 Feb 2002 09:30:18 EST

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Andreas:

     If you'll notice, the article also says that the FTD on the Dow is 15=20
days after the rally began.  The Dow on the chart looks like there has been=20
one other FTD (on the 9th day of the rally).  A day later, the Dow seemed to=
=20
have churned.  (As far as the "15 days after..."  remark, I believe WON says=
=20
in HTM=B2IS (How To Make Money In Stocks) that a FTD after the 10th day mean=
s=20
that the bull will probably have very short legs.
      Also, notice that the Dow is still below a downtrending 200 MA-and the=
=20
10000 mark.  The other 2 indexes on the page don't look too impressive=20
either.  Both are below their 200 MA, and each began a new rally yesterday.=20=
=20
Neither, as yet, has made an FTD.=20

jans


In a message dated 2/21/2002 8:40:30 AM Eastern Standard Time,=20
judgejimmy@web.de writes:

<< The big picture states a FTD on the Dow.
 Opinions?
=20
 >>

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