RE: [CANSLIM] M for Market

From: "Mona Guarino" <webmaster@design21.com>
Subject: RE: [CANSLIM] M for Market
Date: Tue, 9 Apr 2002 19:37:10 -0700

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It doesn't look that unrealistic to me. But you can't just extrapolate from
the 20% to an annualized rate. The time b/w selling stock #1 and buying
stock #2 is unlikely to be 0 and will reduce the overall rate. And, in this
market, 1 - 8 weeks is optomistic from what I'm seeing.

And, if you include WON's 1-in-3 success rate on stock picking, you'll
reduce it even furter.

But, for now, 20% on a portion of my portfolio a couple times a year is
still a major improvement over what I'd done before finding CANSLIM. I
expect this is lower than what one could do with perfect stocks in a better
market, but it's a risk I'm willing to take. It IS, however, higher risk and
more 'trading' than 'investing.'

- --Mona

> -----Original Message-----
> From: owner-canslim@lists.xmission.com
> [mailto:owner-canslim@lists.xmission.com]On Behalf Of Patrick Wahl
> Sent: Tuesday, April 09, 2002 4:11 PM
> To: canslim@lists.xmission.com
> Subject: Re: [CANSLIM] M for Market
>
>
> Good luck, but I think you are being pretty unrealistic in your
> expectations.  That is
> something like a compounded return of... well, a lot, several
> hundred percent
> anyway, that just doesn't happen in this world.
>
> On 9 Apr 2002 at 15:03, Davellil5@aol.com wrote:
>
> > In this market, I'm looking for stocks that can deliver as
> little as a 20 to
> > 40% increase in a period of one to eight weeks.  If one can
> find such stocks,
> > and turn the investment over that often,  it may be possible to
> enjoy a good
> > annual return -- even after writing off some whipsaw losses.
> >
> > Ideas?
> >
> > Regards, Dave

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