Go to Jeff Salisbury LWGate Home Page.From: "Tom Worley" <stkguru@bellsouth.net>
Subject: Re: [CANSLIM] Bear Rally?
Date: Sat, 13 Apr 2002 12:56:10 -0400
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This is a multi-part message in MIME format. - ------=_NextPart_000_02A2_01C1E2EA.95A22260 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable MessageActually, Duke, we have a global election every day, it's how the = markets (NYSE, NASDAQ, AMEX, and all the other indexes) perform. But I do agree with you, IBD seems to be written and approved by a = diverse group of reporters / editors, lacking overall market = consistency. Tom Worley stkguru@bellsouth.net AIM: TexWorley - ----- Original Message -----=20 From: Duke Miller=20 To: CANSLIM=20 Sent: Saturday, April 13, 2002 12:35 PM Subject: [CANSLIM] Bear Rally? I don't want to start anything, but....since it's the weekend. Did anybody notice in this morning's IBD a contradiction that begs the = question as to what kind of market we're in? To wit: Quoting from Investor's Corner, front page: "Take the action of a few = S&P indexes since the market's Sept. 28 follow-through, signaling the = start of the current rally." On the next page (A2) under the headline = "Investors fear profitless recovery," we read: "Despite the long bear = market, stock valuations remain above historical norms and assume strong = profit growth going forward." (Italics are mine.) I think I have the answer: IBD relentlessly takes credit for calling = the last big market move south, so could it be they're posturing for the = next market direction? Either way it goes, they can claim supremacy. =20 Then again, maybe we should have a national election and let the = investor's decide. I live in the district in Florida where Katherine = Harris is making a bid for Congress. We could (as we did in the last = Presidential election) let her decide the ultimate winner! Not that she = needs more publicity, what with all the hanging chads and so forth. So what kind of market are we in, anyway? Duke - ------=_NextPart_000_02A2_01C1E2EA.95A22260 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><TITLE>Message</TITLE> <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>Actually, Duke, we have a global election every = day, it's=20 how the markets (NYSE, NASDAQ, AMEX, and all the other indexes)=20 perform.</FONT></DIV> <DIV><FONT face=3DArial></FONT> </DIV> <DIV><FONT face=3DArial>But I do agree with you, IBD seems to be written = and=20 approved by a diverse group of reporters / editors, lacking overall = market=20 consistency.</FONT></DIV> <DIV><FONT face=3DArial></FONT> </DIV> <DIV>Tom Worley<BR><A=20 href=3D"mailto:stkguru@bellsouth.net">stkguru@bellsouth.net</A><BR>AIM:=20 TexWorley</DIV> <DIV style=3D"FONT: 10pt arial">----- Original Message -----=20 <DIV style=3D"BACKGROUND: #e4e4e4; font-color: black"><B>From:</B> <A=20 title=3Ddukemill@tampabay.rr.com = href=3D"mailto:dukemill@tampabay.rr.com">Duke=20 Miller</A> </DIV> <DIV><B>To:</B> <A title=3Dcanslim@lists.xmission.com=20 href=3D"mailto:canslim@lists.xmission.com">CANSLIM</A> </DIV> <DIV><B>Sent:</B> Saturday, April 13, 2002 12:35 PM</DIV> <DIV><B>Subject:</B> [CANSLIM] Bear Rally?</DIV></DIV> <DIV><BR></DIV> <DIV><SPAN class=3D404102216-13042002><FONT face=3DArial>I don't want to = start=20 anything, but....since it's the weekend.</FONT></SPAN></DIV> <DIV><SPAN class=3D404102216-13042002><FONT = face=3DArial></FONT></SPAN> </DIV> <DIV><SPAN class=3D404102216-13042002><FONT face=3DArial>Did anybody = notice in this=20 morning's IBD a contradiction that begs the question as to what kind of = market=20 we're in? To wit:</FONT></SPAN></DIV> <DIV><SPAN class=3D404102216-13042002><FONT = face=3DArial></FONT></SPAN> </DIV> <DIV><SPAN class=3D404102216-13042002><FONT face=3DArial>Quoting from = Investor's=20 Corner, front page: "Take the action of a few S&P indexes = since the=20 market's Sept. 28 follow-through, signaling the start of the <EM>current = ra</EM>lly." On the next page (A2) under the headline "Investors = fear=20 profitless recovery," we read: "Despite the long <EM>bear = market</EM>,=20 stock valuations remain above historical norms and assume strong profit = growth=20 going forward." (Italics are mine.)</FONT></SPAN></DIV> <DIV><FONT face=3DArial></FONT> </DIV> <DIV><SPAN class=3D404102216-13042002><FONT face=3DArial>I think I have = the=20 answer: IBD relentlessly takes credit for calling the last big = market move=20 south, so could it be they're posturing for the next market = direction? =20 Either way it goes, they can claim supremacy. </FONT></SPAN></DIV> <DIV><SPAN class=3D404102216-13042002><FONT = face=3DArial></FONT></SPAN> </DIV> <DIV align=3Dleft><SPAN class=3D404102216-13042002><FONT = face=3DArial>Then again,=20 maybe we should have a national election and let the investor's = decide. I=20 live in the district in Florida where Katherine Harris is making a bid = for=20 Congress. We could (as we did in the last Presidential election) = let her=20 decide the ultimate winner! Not that she needs more publicity, = what with=20 all the hanging chads and so forth.</FONT></SPAN></DIV> <DIV><FONT face=3DArial></FONT> </DIV> <DIV><SPAN class=3D404102216-13042002><FONT face=3DArial>So what kind of = market are=20 we in, anyway?</FONT></SPAN></DIV> <DIV><SPAN class=3D404102216-13042002><FONT = face=3DArial></FONT></SPAN> </DIV> <DIV><SPAN class=3D404102216-13042002><FONT=20 face=3DArial>Duke</FONT></SPAN></DIV></BODY></HTML> - ------=_NextPart_000_02A2_01C1E2EA.95A22260-- - - - -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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