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

From: "Tim Fisher" <Tim@orerockon.com>
Subject: RE: [CANSLIM] NAZ volume extremely high today ...
Date: 4 Mar 2002 12:03:53 -0800

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It occurred on the fifth trading day from the recent low, was up 2.2%, was 
over both 30d and 50d average vol, and was better than Thursday's vol. 
That's what I would like to see at least the NYSE and/or RUT do as well. 
The NASDAQ is too influenced by bubble techs of which I have none on my 
watch list and the DOW has little meaning for me since none of my watch 
list stocks are DOW components; therefore I care little about F/T days for 
these indices, although they are signs of M.

At 11:55 AM 3/4/2002 -0800, you wrote:
>the S&P had a FTD on friday, so today would be additionial confirmation of
>the rally.
>
>-----Original Message-----
>From: owner-canslim@lists.xmission.com
>[mailto:owner-canslim@lists.xmission.com]On Behalf Of Tim Fisher
>Sent: Monday, March 04, 2002 11:06 AM
>To: canslim@lists.xmission.com
>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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Tim Fisher
Ore-ROCK-On Rockhounding Web Site
Owner, Fisher Fisheries, Ltd.
mailto:tim@OreRockOn.com
WWW http://OreRockOn.com


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