[CANSLIM] "M"

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



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