Re: [CANSLIM] Smal and Micro Caps

From: "Tim Fisher" <Tim@orerockon.com>
Subject: Re: [CANSLIM] Smal and Micro Caps
Date: 24 Feb 2002 15:41:35 -0800

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IMO:

At 12:06 PM 2/24/2002 -0800, you 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?

No, unless you're in a bubble environment. Large caps worked as well as or 
better than small caps in '98-'99.

>   Is a 150% increase in volume with a
>breakout  in a large cap not any more credible than for a small?

It's very unusual. If you get a B/O on 150% ADV on a large cap CANSLIM 
stock consider yourself very lucky. Most B/O without the req'd vol.

>Do large
>caps truly have less price movement?
Yes, they have much more institutional inertia, in general.

>Perry
>
>
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Tim Fisher
Ore-ROCK-On Rockhounding Web Site
Owner, Fisher Fisheries, Ltd.
mailto:tim@OreRockOn.com
WWW http://OreRockOn.com


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