Re: [CANSLIM] CANSLIM jc

From: Dimitri Katsaros <dcka@yahoo.com>
Subject: Re: [CANSLIM] CANSLIM jc
Date: Sun, 21 Apr 2002 15:42:32 -0700 (PDT)

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- --- Harvey Brion <hbrion@ieee.org> wrote:
> Dimitri,  I took John's number of 60 million shares
> to mean the shares outstanding or float.  I think
> WON originally liked 25-30 million shares but
> appears to have backed away from the restriction
> to small caps.  He has recently been more
> receptive to mid and large caps since
> institutional buying increased so dramatically in
> the '90s.

Exactly... which is why he says you shouldn't lock
yourself to a specific cap anymore. (essentially)

> I personally prefer smaller cap stocks.

That's fine, but I would still keep an eye on that
graph to see which cap the market is currently
favoring.

> The 200,000 shares that you mention I believe refers
> to the average
> daily volume which apparently John has not addressed
> in his screening
> criteria.

Precisely... sorry I didn't make myself more clear on
that... Yes, I did mean the average volume.

Thanks
Dimitri

=====
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