Re: [CANSLIM] Smal and Micro Caps

From: "Patrick Wahl" <pjwahl@attbi.com>
Subject: Re: [CANSLIM] Smal and Micro Caps
Date: Sun, 24 Feb 2002 15:25:35 -0700

Next Article (by Author): [CANSLIM] Acc/dis numbers -- market in correction Robert
Previous Article (by Author): Re: [CANSLIM] Date: Sun, 24 Feb 2002 15:11:27 -0500 "Norman"
Top of Thread: Re: [CANSLIM] Smal and Micro Caps "Tom Worley"
Articles sorted by: [Date] [Author] [Subject]

The share criteria I think might be the weakest of the 7 components of Canslim.  I 
think by the end of the nineties WON had said that it was a big cap market (to that 
point) and you needed to include the larger cap stocks.  If I'm remembering this 
correctly he said something about mutual funds controlling so much money they 
could move even larger stocks, and also that you should look to see where money 
is flowing, if smaller or larger stocks seem to be the leading performers.   I think Dell 
and MSFT and Intel and Cisco became large cap stocks in the early nineties, if they 
weren't up to that point, and certainly anyone would have been happy to have 
owned them for a several year stretch in that period, so I don't think S is as critical 
as it once was.  

On 24 Feb 2002 at 12:06, Perry Stanfield wrote:

> >
> > + Large-caps have too many shares outstanding to have the explosive
> > price movement that produces big winners.
> 
> 
> If this is really true, fine.  I still question this as  a reality, though.
> If a large cap has the growth to make it a Canslim stock, does it not have
> the potential for price movement?  Is a 150% increase in volume with a
> breakout  in a large cap not any more credible than for a small?   Do large
> caps truly have less price movement?
> 
> Perry
> 
> 
> -
> -To subscribe/unsubscribe, email "majordomo@xmission.com"
> -In the email body, write "subscribe canslim" or
> -"unsubscribe canslim".  Do not use quotes in your email.

- -
- -To subscribe/unsubscribe, email "majordomo@xmission.com"
- -In the email body, write "subscribe canslim" or
- -"unsubscribe canslim".  Do not use quotes in your email.

Go to Jeff Salisbury LWGate Home Page.