[CANSLIM] Market Rally

From: "Rob Miller" <rmiller2@carolina.rr.com>
Subject: [CANSLIM] Market Rally
Date: Thu, 11 Apr 2002 09:02:26 -0400

Next Article (by Author): Re: [CANSLIM] BRLI "Tom Worley"
Previous Article (by Author): Re: [CANSLIM] ODSY "Katherine Malm"
Next in Thread: Re: [CANSLIM] Market Rally "Katherine Malm"
Articles sorted by: [Date] [Author] [Subject]

This is a multi-part message in MIME format.

- ------=_NextPart_000_000A_01C1E137.99AF54E0
Content-Type: text/plain;
	charset="iso-8859-1"
Content-Transfer-Encoding: quoted-printable

I'm confused.  I noticed that on investors.com today, WON (or whoever =
answers these questions) states that there is no rally at this time =
because we haven't had a FTD off recent lows.  My understanding is that =
a rally is intact as long as the first day of the rally attempt is not =
undercut.  Therefore, the rally beginning in February is still in force. =
 You could argue that the rally failed because so few Canslim stocks =
were breaking out, but I don't recall that being a requirement to call =
the rally a failure, only a measure of the rally's strength.  IBD called =
the last follow through day and I don't remember them calling the rally =
a failure yet.  I don't read IBD every day so I may be missing =
something, but are they always this inconsistent.  The columns on the =
front page have also been questionable lately. =20

Rob

- ------=_NextPart_000_000A_01C1E137.99AF54E0
Content-Type: text/html;
	charset="iso-8859-1"
Content-Transfer-Encoding: quoted-printable

<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN">
<HTML><HEAD>
<META http-equiv=3DContent-Type content=3D"text/html; =
charset=3Diso-8859-1">
<META content=3D"MSHTML 6.00.2715.400" name=3DGENERATOR>
<STYLE></STYLE>
</HEAD>
<BODY bgColor=3D#ffffff>
<DIV><FONT face=3DArial size=3D2>I'm confused.&nbsp; I noticed that on =
investors.com=20
today, WON (or whoever answers these questions) states that there is no =
rally at=20
this time because we haven't had a FTD off recent lows.&nbsp; My =
understanding=20
is that a rally is intact as long as the first day of the rally attempt =
is not=20
undercut.&nbsp; Therefore, the rally beginning in February is still in=20
force.&nbsp; You could argue that the rally failed because so few =
Canslim stocks=20
were breaking out, but I don't recall that being a requirement to call =
the rally=20
a failure, only a measure of the rally's strength.&nbsp; IBD called the =
last=20
follow through day and I don't remember them calling the rally a failure =

yet.&nbsp; I don't read IBD every day so I may be missing something, but =
are=20
they always this inconsistent.&nbsp; The columns on the front page have =
also=20
been questionable lately.&nbsp; </FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT>&nbsp;</DIV>
<DIV><FONT face=3DArial size=3D2>Rob</FONT></DIV></BODY></HTML>

- ------=_NextPart_000_000A_01C1E137.99AF54E0--


- -
- -To subscribe/unsubscribe, email "majordomo@xmission.com"
- -In the email body, write "subscribe canslim" or
- -"unsubscribe canslim".  Do not use quotes in your email.

Go to Jeff Salisbury LWGate Home Page.