Re: [CANSLIM] Bear Rally?


From: "Dan Forant" <dforant1@nycap.rr.com>
Subject: Re: [CANSLIM] Bear Rally?
Date: Sat, 13 Apr 2002 21:30:15 -0400

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MessageDuke

Harris in a landslide. Make sure to get the Seniors out to vote. Us on =
the right need them and regard their voting qualifications highly.

DanF

  ----- 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

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<HTML><HEAD><TITLE>Message</TITLE>
<META http-equiv=3DContent-Type content=3D"text/html; =
charset=3Diso-8859-1">
<META content=3D"MSHTML 6.00.2713.1100" name=3DGENERATOR>
<STYLE></STYLE>
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<BODY bgColor=3D#ffffff>
<DIV><FONT face=3DArial size=3D2>Duke</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT>&nbsp;</DIV>
<DIV><FONT face=3DArial size=3D2>Harris in a landslide. Make sure to get =
the Seniors=20
out to vote. Us on the right need them and regard their voting =
qualifications=20
highly.</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT>&nbsp;</DIV>
<DIV><FONT face=3DArial size=3D2>DanF</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT>&nbsp;</DIV>
<BLOCKQUOTE dir=3Dltr=20
style=3D"PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; =
BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
  <DIV style=3D"FONT: 10pt arial">----- Original Message ----- </DIV>
  <DIV=20
  style=3D"BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: =
black"><B>From:</B>=20
  <A title=3Ddukemill@tampabay.rr.com =
href=3D"mailto:dukemill@tampabay.rr.com">Duke=20
  Miller</A> </DIV>
  <DIV style=3D"FONT: 10pt arial"><B>To:</B> <A =
title=3Dcanslim@lists.xmission.com=20
  href=3D"mailto:canslim@lists.xmission.com">CANSLIM</A> </DIV>
  <DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Saturday, April 13, 2002 =
12:35=20
  PM</DIV>
  <DIV style=3D"FONT: 10pt arial"><B>Subject:</B> [CANSLIM] Bear =
Rally?</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=20
face=3DArial></FONT></SPAN>&nbsp;</DIV>
  <DIV><SPAN class=3D404102216-13042002><FONT face=3DArial>Did anybody =
notice in=20
  this morning's IBD a contradiction that begs the question as to what =
kind of=20
  market we're in?&nbsp; To wit:</FONT></SPAN></DIV>
  <DIV><SPAN class=3D404102216-13042002><FONT=20
face=3DArial></FONT></SPAN>&nbsp;</DIV>
  <DIV><SPAN class=3D404102216-13042002><FONT face=3DArial>Quoting from =
Investor's=20
  Corner, front page:&nbsp; "Take the action of a few S&amp;P indexes =
since the=20
  market's Sept. 28 follow-through, signaling the start of the =
<EM>current=20
  ra</EM>lly."&nbsp; On the next page (A2) under the headline "Investors =
fear=20
  profitless recovery," we read:&nbsp; "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>&nbsp;</DIV>
  <DIV><SPAN class=3D404102216-13042002><FONT face=3DArial>I think I =
have the=20
  answer:&nbsp; IBD relentlessly takes credit for calling the last big =
market=20
  move south, so could it be they're posturing for the next market=20
  direction?&nbsp; Either way it goes, they can claim supremacy.&nbsp;=20
  </FONT></SPAN></DIV>
  <DIV><SPAN class=3D404102216-13042002><FONT=20
face=3DArial></FONT></SPAN>&nbsp;</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.&nbsp;=20
  I live in the district in Florida where Katherine Harris is making a =
bid for=20
  Congress.&nbsp; We could (as we did in the last Presidential election) =
let her=20
  decide the ultimate winner!&nbsp; Not that she needs more publicity, =
what with=20
  all the hanging chads and so forth.</FONT></SPAN></DIV>
  <DIV><FONT face=3DArial></FONT>&nbsp;</DIV>
  <DIV><SPAN class=3D404102216-13042002><FONT face=3DArial>So what kind =
of market=20
  are we in, anyway?</FONT></SPAN></DIV>
  <DIV><SPAN class=3D404102216-13042002><FONT=20
face=3DArial></FONT></SPAN>&nbsp;</DIV>
  <DIV><SPAN class=3D404102216-13042002><FONT=20
face=3DArial>Duke</FONT></SPAN></DIV></BLOCKQUOTE></BODY></HTML>

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