Re: [CANSLIM] M

From: "Tim Fisher" <Tim@orerockon.com>
Subject: Re: [CANSLIM] M
Date: 1 Mar 2002 16:02:15 -0800

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I looked at the vol at 4PM NYCT on the NYSE and almost laughed. It had just 
reached 1 billion with 30 mins to go. I agree the DOW chart looks very 
nice; looked at it yesterday and thought it had broken the downtrend 
already, but I don't have any DOW stocks on my watch list (own way too much 
MCD as it is!) - do you? My list is mostly NYSE and the comp chart looks 
like it is ripe for a BO. I don't recall being in this situation before. 
I.e. a bottom with no F/T day, not even a faker, and the FT day window has 
passed. What if we don't get another bottom? No participation until we 
break through the low from last month? What if we never do make another 
low? Us CANSLIMers are out of the market forever? Somebody help.

At 01:50 PM 3/1/2002 -0800, you wrote:
>The NASDAQ-100 is up over 5.6% (is it close to the largest 1-day percentage
>gain in history?), but the NASDAQ volume is less than yesterday. Hard to
>make a case for or against a follow-through day. But the DJIA chart sure
>looks bullish. A bit baffling ...
>
>
>Ian
>
>
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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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