Re: [CANSLIM] Bear Rally?

From: "J. Lobatto" <jlobatto@nyc.rr.com>
Subject: Re: [CANSLIM] Bear Rally?
Date: Sun, 14 Apr 2002 20:14:45 -0400

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It looks to me that the few legit looking cup and handle type breakouts in
the recent past have invariably shaken CANSLIMers out by retracing back into
their consolidation base. My suspicion is there are too many of us chasing
too few classic looking breakouts. The only breakouts that seem to maintain
their push upward are non cup and handle advances....

Jon
- ----- Original Message -----
From: <Spencer48@aol.com>
To: <canslim@lists.xmission.com>
Sent: Sunday, April 14, 2002 7:52 PM
Subject: Re: [CANSLIM] Bear Rally?


> Tom:
>
>      Would you say that the stocks that you allude to are stocks whose
> breakouts succeed according to CANSLIM criteria?  And, if so or not, how
> would you distinguish these charts of stocks that breakout from ones whose
> break-outs are CANSLIM-legit?
>
>      More to the point, would you say that these breakouts from
non-CANSLIM
> formations are more prevalent than they were in the past?
>
> jans
>
>
> In a message dated 4/14/2002 1:18:41 PM Eastern Daylight Time,
> stkguru@bellsouth.net writes:
>
> << ...the surveillance programs by both NASD and SEC seem to have become a
> joke. I see more and more stocks that trade huge volume, and make major
price
> swings, only to have news released hours or days later. It doesn't take a
> rocket scientist to see that the news was leaked early, and traded on it,
> before it was publicly released. Yet I don't see the regulators acting.
>   >>
>
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