Re: "M" (was Re: [CANSLIM] S&P 500 forecast)

From: "Tim Fisher" <Tim@orerockon.com>
Subject: Re: "M" (was Re: [CANSLIM] S&P 500 forecast)
Date: 23 Apr 2002 09:47:01 -0700

Next Article (by Author): Re: "M" (was Re: [CANSLIM] S&P 500 forecast) "david frank"
Previous Article (by Author): Re: "M" (was Re: [CANSLIM] S&P 500 forecast) Ian
Top of Thread: Re: "M" (was Re: [CANSLIM] S&P 500 forecast) "david frank"
Next in Thread: Re: "M" (was Re: [CANSLIM] S&P 500 forecast) "david frank"
Articles sorted by: [Date] [Author] [Subject]

Bingo. Some have tried tracking indexes in HGS and they seem to work real 
well; dbphoenix, who now posts on the Motley Fool Canslim board, comes to 
mind. For me they would be much more valuable than generic M indexes, save 
the INDI 500 ^NDI to indicate market direction for CANSLIM trading.

At 09:45 AM 4/23/2002 -0700, you wrote:
>"urn:schemas-microsoft-com:vml" xmlns:o = 
>"urn:schemas-microsoft-com:office:office" xmlns:w = 
>"urn:schemas-microsoft-com:office:word" xmlns:st1 = 
>"urn:schemas-microsoft-com:office:smarttags">
>I can't help thinking that we are in the period that represents "The Great 
>CANSLIM Contradiction":
>
>1. M must be rising
>2. We must be only buying stocks with strongly rising revenues and EPS
>3. We shouldn't be buying 'yesteryears winners', whose revenues and EPS 
>are declining
>4. The indexes are made up of '3'
>5. 'M' is defined as '4', the indexes
>
>Ian
>

Tim Fisher
Ore-ROCK-On Rockhounding Web Site
Owner, Fisher Fisheries, Ltd.
mailto:tim@OreRockOn.com
WWW http://OreRockOn.com

- -
- -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.