Go to Jeff Salisbury LWGate Home Page.From: "Dan Forant" <dforant1@nycap.rr.com>
Subject: Re: [CANSLIM] Market, Nasdaq 100
Date: Sat, 23 Feb 2002 15:41:20 -0500
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Interpretation for the new Cansliim investors, don't stick your toes in =
the water unless you can do without them. I won't be steppin in puddles =
till the carnage is over using Canslim. Long after reading HTMMIS, a =
fairly simple form of stock picking, many in this group would lead you =
to believe it's brain surgery. Remember the KISS rule.
L8ter
DanF
----- Original Message -----=20
From: Katherine Malm=20
To: canslim@lists.xmission.com=20
Sent: Saturday, February 23, 2002 1:21 PM
Subject: Re: [CANSLIM] Market, Nasdaq 100
Hi Patrick,
The sideways market seems the most plausible scenario given the =
confluence of economic/business/market/innovation cycles. What is most =
interesting about this, however, is that although at the end of the =
period the real returns on the market may be even, within that sideways =
market there are waves of stock/industry movement to ride up and down. A =
discipline like CANSLIM will allow us to make money during this type of =
market but doesn't allow for the sloppiness in candidate mining/due =
diligence/entry/exit afforded us by a Great Bull run. I just think a =
sideways market will *force* us to be excellent investors and I can't =
see that that's a bad thing.
Katherine
----- Original Message -----=20
From: Patrick Wahl=20
To: canslim@lists.xmission.com=20
Sent: Saturday, February 23, 2002 11:19 AM
Subject: Re: [CANSLIM] Market, Nasdaq 100
I've seen several people make the same forecast for a 10-15 year =
sideway market, I=20
guess this would be similar to the market from the late 60's to =
1982, so it is certainly=20
possible. Not very encouraging, I hope you are wrong on this one. =
We were above=20
the long term growth trend of the market for so long that I suppose =
a below trend=20
period is due. =20
(remember the books of a few years ago - Dow 30,000, and I think =
there was also a=20
Dow 50,000. Wonder where the authors stand on this now.)
On 22 Feb 2002 at 17:11, Katherine Malm wrote:
> I remember your remark, Fred, and I heed well the advise. I do,
> however, differentiate between "hope" and "what I see" as they are =
not
> one and the same. I have never believed that we were headed into a
> raging Bull as the '82-'00 but instead into a long 10-15 year =
sideways
> market. We have several forces working in =
tandem--monetary/inflation
> cycles, earnings cycles, global interconnectedness, innovation =
cycles,
> human nature, fiscal policy, market cycles, etc. Despite the fact =
that
> I was not investing during the last 100 years, I have studied =
market
> history. For that reason, I simply "read what is and act upon it" =
vs.
> "wish or hope that the market will go up." A CANSLIM discipline =
works
> because it forces the trader/investor to read the signals and act
> accordingly.=20
-
-To subscribe/unsubscribe, email "majordomo@xmission.com"
-In the email body, write "subscribe canslim" or
-"unsubscribe canslim". Do not use quotes in your email.
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<META http-equiv=3DContent-Type content=3D"text/html; =
charset=3Diso-8859-1">
<META content=3D"MSHTML 6.00.2713.1100" name=3DGENERATOR>
<STYLE></STYLE>
</HEAD>
<BODY bgColor=3D#ffffff>
<DIV><FONT face=3DArial size=3D2>Interpretation for the new Cansliim =
investors,=20
don't stick your toes in the water unless you can do without them. I =
won't be=20
steppin in puddles till the carnage is over using Canslim. Long after =
reading=20
HTMMIS, a fairly simple form of stock picking, many in this group would =
lead you=20
to believe it's brain surgery. Remember the KISS rule.</FONT></DIV>
<DIV> </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=3Dkmalm@earthlink.net =
href=3D"mailto:kmalm@earthlink.net">Katherine=20
Malm</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> Saturday, February 23, =
2002 1:21=20
PM</DIV>
<DIV style=3D"FONT: 10pt arial"><B>Subject:</B> Re: [CANSLIM] Market, =
Nasdaq=20
100</DIV>
<DIV><BR></DIV>
<DIV>Hi Patrick,</DIV>
<DIV> </DIV>
<DIV>The sideways market seems the most plausible scenario given the=20
confluence of economic/business/market/innovation cycles. What is most =
interesting about this, however, is that although at the end of the =
period the=20
real returns on the market may be even, within that sideways market =
there are=20
waves of stock/industry movement to ride up and down. A discipline =
like=20
CANSLIM will allow us to make money during this type of market but =
doesn't=20
allow for the sloppiness in candidate mining/due diligence/entry/exit =
afforded=20
us by a Great Bull run. I just think a sideways market will *force* us =
to be=20
excellent investors and I can't see that that's a bad thing.</DIV>
<DIV> </DIV>
<DIV>Katherine</DIV>
<BLOCKQUOTE=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=3Dpjwahl@attbi.com href=3D"mailto:pjwahl@attbi.com">Patrick =
Wahl</A>=20
</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> Saturday, February 23, =
2002 11:19=20
AM</DIV>
<DIV style=3D"FONT: 10pt arial"><B>Subject:</B> Re: [CANSLIM] =
Market, Nasdaq=20
100</DIV>
<DIV><BR></DIV>I've seen several people make the same forecast for a =
10-15=20
year sideway market, I <BR>guess this would be similar to the market =
from=20
the late 60's to 1982, so it is certainly <BR>possible. Not =
very=20
encouraging, I hope you are wrong on this one. We were above =
<BR>the=20
long term growth trend of the market for so long that I suppose a =
below=20
trend <BR>period is due. <BR><BR>(remember the books of a few =
years=20
ago - Dow 30,000, and I think there was also a <BR>Dow 50,000. =
Wonder=20
where the authors stand on this now.)<BR><BR>On 22 Feb 2002 at =
17:11,=20
Katherine Malm wrote:<BR><BR>> I remember your remark, Fred, and =
I heed=20
well the advise. I do,<BR>> however, differentiate between "hope" =
and=20
"what I see" as they are not<BR>> one and the same. I have never =
believed=20
that we were headed into a<BR>> raging Bull as the '82-'00 but =
instead=20
into a long 10-15 year sideways<BR>> market. We have several =
forces=20
working in tandem--monetary/inflation<BR>> cycles, earnings =
cycles,=20
global interconnectedness, innovation cycles,<BR>> human nature, =
fiscal=20
policy, market cycles, etc. Despite the fact that<BR>> I was not=20
investing during the last 100 years, I have studied market<BR>> =
history.=20
For that reason, I simply "read what is and act upon it" vs.<BR>> =
"wish=20
or hope that the market will go up." A CANSLIM discipline =
works<BR>>=20
because it forces the trader/investor to read the signals and =
act<BR>>=20
accordingly. <BR><BR><BR>-<BR>-To subscribe/unsubscribe, email "<A=20
=
href=3D"mailto:majordomo@xmission.com">majordomo@xmission.com</A>"<BR>-In=
the=20
email body, write "subscribe canslim" or<BR>-"unsubscribe =
canslim". Do=20
not use quotes in your =
email.</BLOCKQUOTE></BLOCKQUOTE></BODY></HTML>
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- -In the email body, write "subscribe canslim" or
- -"unsubscribe canslim". Do not use quotes in your email.
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