[CANSLIM] Everybody in the pool!

From: "Tim Fisher" <Tim@orerockon.com>
Subject: [CANSLIM] Everybody in the pool!
Date: 4 Mar 2002 14:42:01 -0800

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No, I base my requirements on the fake-out F/T days that did not meet them 
since March 2000. Today convinces me that the "everybody in the pool" 
signal has been given.

At 02:03 PM 3/4/2002 -0600, you wrote:
>Hi Tim,
>
>Have you backtested your parameters through several market cycles to see 
>if they give more reliable signals than WON's?
>
>Think the acid test is whether good quality stocks are breaking out of 
>bases. Certainly plenty of new highs and some additional base breakouts 
>today to confirm a trend that's been ongoing along with the indexes 
>posting their WON follow-thru days.
>
>Katherine
>----- Original Message -----
>From: <mailto:Tim@orerockon.com>Tim Fisher
>To: <mailto:canslim@lists.xmission.com>canslim@lists.xmission.com
>Sent: Monday, March 04, 2002 1:55 PM
>Subject: Re: [CANSLIM] NAZ volume extremely high today ...
>
>For me, "Official" means two or more indices up 1.5% to 2% on greater vol
>than the day before and greater than 30d avg vol within 5-15 trading days
>from the recent low. Your results may differ.
>
>At 12:32 PM 3/4/2002 -0700, you wrote:
> >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" <<mailto:Tim@orerockon.com>Tim@orerockon.com>
> >To: <<mailto:canslim@lists.xmission.com>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>mailto:tim@OreRockOn.com
> > > WWW <http://OreRockOn.com>http://OreRockOn.com
> > >
> > >
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>Tim Fisher
>Ore-ROCK-On Rockhounding Web Site
>Owner, Fisher Fisheries, Ltd.
><mailto:tim@OreRockOn.com>mailto:tim@OreRockOn.com
>WWW <http://OreRockOn.com>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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