Re: [CANSLIM] NAZ volume extremely high today ...

From: "rolf hertenstein" <rolfh@mindspring.com>
Subject: Re: [CANSLIM] NAZ volume extremely high today ...
Date: Mon, 4 Mar 2002 12:32:27 -0700

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Coincidently, I'm reading "the 24 lessons" which
on pg. 76 states:
"follow through" ..., indicated by one of the
indices (DOW, S&P 500, or
Nasdaq Compisite) closing up 1% or more for the
day, with a jump in volume
from the day before.

Not sure if this is what you mean by 'official'.

 Rolf

- ----- Original Message -----
From: "Tim Fisher" <Tim@orerockon.com>
To: <canslim@lists.xmission.com>
Sent: Monday, March 04, 2002 12:05 PM
Subject: Re: [CANSLIM] NAZ volume extremely high
today ...


> My question, to which I received no replies,
still remains: the DOW and
> NYSE comp did not F/T within their respective
windows, and did not undercut
> their earlier lows since (unlike the NASDAQ
comp). So from an official F/T
> day watch point of view, do we get a valid F/T
day on more than just the
> NASDAQ even if the other indices follow through
on volume today?
>
> At 08:17 AM 3/4/2002 -0800, you wrote:
> >I guess this will be the official 6th day
follow-through on te NAZ. Very
> >heavy volume for this time of day.
> >
> >Now all that remains is to find some quality
companies moving up - I am
> >seeing a definite shift away from microcaps
(except BEL, which moves up
> >vertically every single day) and into big caps.
My problem is that I am
> >having trouble finding any growing big caps
whose businesses aren't
> >performing poorly. My only slighly larger
company purchase last week was
> >ELON - i like the 150% growth in this market.
Any great ideas out there?
> >
> >Ian
>
> Tim Fisher
> Ore-ROCK-On Rockhounding Web Site
> Owner, Fisher Fisheries, Ltd.
> mailto:tim@OreRockOn.com
> WWW http://OreRockOn.com
>
>
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