From: "Tom Worley" <stkguru@bellsouth.net>
Subject: [CANSLIM] "M"
Date: Mon, 25 Mar 2002 07:54:29 -0500
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Haven't had much talk on "M" lately, aside from the one post on VIX (which I agree with, by the way, it's staying too low for comfort). Took a fast look around this morning, and noticed the severe overbought conditions on both NYSE and NASDAQ have corrected to neutral. And 10 day moving average of up/down volume is now slightly negative on NYSE and substantially more on Naz. 10 day moving average of new highs remains moderately positive on both of these exchanges. The S&P500 chart looks surprisingly healthy (at least to me). And the Russell 2000 has done better than I perceived from my portfolios. The rest looked decent if they can hold in this area, or better still start trending up. Tom Worley stkguru@bellsouth.net AIM: TexWorley - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email.
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