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


From: "Hill, Ernie" <Ernie.Hill@ElPaso.com>
Subject: RE: "M" (was Re: [CANSLIM] S&P 500 forecast)
Date: Tue, 23 Apr 2002 19:19:36 -0500

Previous Article (by Date): [CANSLIM] Times Are Changing Gene Ricci
Top of Thread: Re: "M" (was Re: [CANSLIM] S&P 500 forecast) "Bill Triffet"
Articles sorted by: [Date] [Author] [Subject]


This message is in MIME format. Since your mail reader does not understand
this format, some or all of this message may not be legible.

- ------_=_NextPart_001_01C1EB25.B7442BA0
Content-Type: text/plain; charset="iso-8859-1"

On 4-15 the S&P hit an intraday low of 1099.52, this low was near a
potential reversal level and two days earlier than my projected turning
point of 4-17. The next day 4-16 the market was up strong adding 26 points
to the index and closed well above the high of the previous day (a key
indicator of a confirmed market turn). This lead me to believe the low I was
anticipating had been made. I went on to say that it was possible that this
low could be taken out later that week or early next week, but that I felt
it was very unlikely to happen based on the strength of the move made on
4-16.
 
I was wrong. Today the S&P did take out the 4-15 low with an intraday low of
1098.71 four days after my projected turn date of 4-17. Does this mean my
analysis was all wet? No it just means that my turn indicator gave a false
signal.
 
What to expect now. First I will eat a raw lemon if this week does not
produce the medium term bottom that I have projected. If today was not the
bottom, and I doubt that it is, the most likely day for this to end will be
tomorrow. There are two key reversal levels to look for they are 1093 and
1080, 1080 being the higher probability. 1080 is also much closer to my
original forecast made a month ago.
 
The confirmation of this bottom will be when the S&P closes higher than the
high made on the day the low was made.
 
What does this mean for CANSLIMer's. Well several of you have been doing
quite well lately as have I. This is another indicator to me that a market
turn is imminent, the top stocks often perform well just before the turn
because they are the ones that will lead the market out of the turn.
Tomorrow could get ugly, but after the turn it looks like happy times ahead
at least for a few weeks.
 
E
 
 
- -----Original Message-----
From: Tom Worley [mailto:stkguru@bellsouth.net]
Sent: Tuesday, April 23, 2002 7:42 AM
To: canslim@lists.xmission.com
Subject: "M" (was Re: [CANSLIM] S&P 500 forecast)
 
I would like to see some serious discussion here on "M". It is the most
important of the seven letters in CANSLIM, and is so often ignored or
overlooked. 
 
The small caps continue to work for me, and I remain fully invested in all
accounts. Money appears to be shifting back from value to growth. Volume
appears to be picking up. But because I don't focus on the mid caps, I often
wonder what may also be happening there.
 
Tom Worley
stkguru@bellsouth.net <mailto:stkguru@bellsouth.net> 
AIM: TexWorley
- ----- Original Message ----- 

From: Hill, Ernie <mailto:Ernie.Hill@ElPaso.com>  
To: 'canslim@lists.xmission.com' <mailto:'canslim@lists.xmission.com'>  
Sent: Monday, April 22, 2002 12:07 PM
Subject: RE: [CANSLIM] S&P 500 forecast
 
Hi Tom,
 
It is purely my version of TA. It has really helped me in my trading.
 
I would not present these forecasts to the group if I were not confident in
them. My purpose in posting these forecasts is to give back some value to a
group that has given me value. Determining market direction has not been
very easy to do lately. It is my hope that as some group members gain some
confidence that I may actually know what I am talking about that they could
use these forecasts as another tool to benefit them in their CANSLIM
investments.
 
E
 
PS: Today is certainly not adding to my credibility :-)
 
- -----Original Message-----
From: Tom Worley [mailto:stkguru@bellsouth.net]
Sent: Monday, April 22, 2002 7:16 AM
To: canslim@lists.xmission.com
Subject: Re: [CANSLIM] S&P 500 forecast
 
I don't understand your reasoning for this, Ernie, but I would certainly
cheer 1238 on the S&P500 by then.
 
Tom Worley
stkguru@bellsouth.net <mailto:stkguru@bellsouth.net> 
AIM: TexWorley
- ----- Original Message ----- 
 
From: Hill, Ernie <mailto:Ernie.Hill@ElPaso.com>  
To: CANSLIM <mailto:canslim@lists.xmission.com>  
Sent: Saturday, April 20, 2002 10:08 PM
Subject: [CANSLIM] S&P 500 forecast
 
At this point in time I have two high probability projections for the next
major turning point in the S&P 500. The highest probability is for a turning
point on May 21, 2002 at a price level of 1200. The second highest
probability is for a turning point on May 22, 2002 at a price level of 1238.
As we approach these dates one of these scenarios should emerge as the most
likely candidate.
 
E


******************************************************************
This email and any files transmitted with it from the ElPaso 
Corporation are confidential and intended solely for the 
use of the individual or entity to whom they are addressed. 
If you have received this email in error please notify the 
sender.
******************************************************************


******************************************************************
This email and any files transmitted with it from the ElPaso 
Corporation are confidential and intended solely for the 
use of the individual or entity to whom they are addressed. 
If you have received this email in error please notify the 
sender.
******************************************************************


******************************************************************
This email and any files transmitted with it from the ElPaso 
Corporation are confidential and intended solely for the 
use of the individual or entity to whom they are addressed. 
If you have received this email in error please notify the 
sender.
******************************************************************

- ------_=_NextPart_001_01C1EB25.B7442BA0
Content-Type: text/html; charset="iso-8859-1"
Content-Transfer-Encoding: quoted-printable

<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN">
<html xmlns:v=3D"urn:schemas-microsoft-com:vml" xmlns:o=3D"urn:schemas-micr=
osoft-com:office:office" xmlns:w=3D"urn:schemas-microsoft-com:office:word" =
xmlns:st1=3D"urn:schemas-microsoft-com:office:smarttags" xmlns=3D"http://ww=
w.w3.org/TR/REC-html40">

<head>
<META HTTP-EQUIV=3D"Content-Type" CONTENT=3D"text/html; charset=3Diso-8859-=
1">


<meta name=3DProgId content=3DWord.Document>
<meta name=3DGenerator content=3D"Microsoft Word 9">
<meta name=3DOriginator content=3D"Microsoft Word 9">
<link rel=3DFile-List href=3D"cid:filelist.xml@01C1EAFB.CDBE82B0">
<!--[if gte mso 9]><xml>
 <o:OfficeDocumentSettings>
  <o:DoNotRelyOnCSS/>
 </o:OfficeDocumentSettings>
</xml><![endif]--><!--[if gte mso 9]><xml>
 <w:WordDocument>
  <w:Zoom>0</w:Zoom>
  <w:DocumentKind>DocumentEmail</w:DocumentKind>
  <w:EnvelopeVis/>
  <w:Compatibility>
   <w:BreakWrappedTables/>
   <w:SnapToGridInCell/>
   <w:WrapTextWithPunct/>
   <w:UseAsianBreakRules/>
  </w:Compatibility>
  <w:BrowserLevel>MicrosoftInternetExplorer4</w:BrowserLevel>
  <w:SpellingState>Clean</w:SpellingState>
 </w:WordDocument>
</xml><![endif]-->
<style>
<!--
span.EMAILSTYLE17
	{mso-style-noshow: yes
;}
span.SPELLE
	{mso-spl-e: yes
;}
 /* Font Definitions */
@font-face
	{font-family:Wingdings;
	panose-1:5 0 0 0 0 0 0 0 0 0;
	mso-font-charset:2;
	mso-generic-font-family:auto;
	mso-font-pitch:variable;
	mso-font-signature:0 268435456 0 0 -2147483648 0;}
@font-face
	{font-family:Tahoma;
	panose-1:2 11 6 4 3 5 4 4 2 4;
	mso-font-charset:0;
	mso-generic-font-family:swiss;
	mso-font-pitch:variable;
	mso-font-signature:553679495 -2147483648 8 0 66047 0;}
 /* Style Definitions */
p.MsoNormal, li.MsoNormal, div.MsoNormal
	{mso-style-parent:"";
	margin:0in;
	margin-bottom:.0001pt;
	mso-pagination:widow-orphan;
	font-size:12.0pt;
	font-family:"Times New Roman";
	mso-fareast-font-family:"Times New Roman";}
a:link, span.MsoHyperlink
	{color:blue;
	text-decoration:underline;
	text-underline:single;}
a:visited, span.MsoHyperlinkFollowed
	{color:purple;
	text-decoration:underline;
	text-underline:single;}
p.MsoAutoSig, li.MsoAutoSig, div.MsoAutoSig
	{margin:0in;
	margin-bottom:.0001pt;
	mso-pagination:widow-orphan;
	font-size:12.0pt;
	font-family:"Times New Roman";
	mso-fareast-font-family:"Times New Roman";}
p
	{margin-right:0in;
	mso-margin-top-alt:auto;
	mso-margin-bottom-alt:auto;
	margin-left:0in;
	mso-pagination:widow-orphan;
	font-size:12.0pt;
	font-family:"Times New Roman";
	mso-fareast-font-family:"Times New Roman";}
code
	{mso-ascii-font-family:"Courier New";
	mso-fareast-font-family:"Courier New";
	mso-hansi-font-family:"Courier New";
	mso-bidi-font-family:"Courier New";}
span.EmailStyle19
	{mso-style-type:personal;
	mso-ansi-font-size:10.0pt;
	mso-bidi-font-size:10.0pt;
	mso-ascii-font-family:Arial;
	mso-hansi-font-family:Arial;
	mso-bidi-font-family:Arial;
	color:windowtext;}
span.EmailStyle20
	{mso-style-type:personal;
	mso-ansi-font-size:10.0pt;
	mso-ascii-font-family:Arial;
	mso-hansi-font-family:Arial;
	mso-bidi-font-family:Arial;
	color:navy;}
span.EmailStyle22
	{mso-style-type:personal-reply;
	mso-ansi-font-size:10.0pt;
	mso-ascii-font-family:Arial;
	mso-hansi-font-family:Arial;
	mso-bidi-font-family:Arial;
	color:#993366;}
@page Section1
	{size:8.5in 11.0in;
	margin:1.0in 1.25in 1.0in 1.25in;
	mso-header-margin:.5in;
	mso-footer-margin:.5in;
	mso-paper-source:0;}
div.Section1
	{page:Section1;}
- -->
</style>
<!--[if gte mso 9]><xml>
 <o:shapedefaults v:ext=3D"edit" spidmax=3D"1027"/>
</xml><![endif]--><!--[if gte mso 9]><xml>
 <o:shapelayout v:ext=3D"edit">
  <o:idmap v:ext=3D"edit" data=3D"1"/>
 </o:shapelayout></xml><![endif]--><o:SmartTagType namespaceuri=3D"urn:sche=
mas-microsoft-com:office:smarttags" name=3D"date"></o:SmartTagType>
</head>

<body bgcolor=3Dwhite lang=3DEN-US link=3Dblue vlink=3Dpurple style=3D'tab-=
interval:.5in'>

<div class=3DSection1>

<p class=3DMsoNormal><font size=3D3 color=3Dblue face=3D"Times New Roman"><=
span
style=3D'font-size:12.0pt;color:blue'>On 4-15 the S&amp;P hit an intraday l=
ow of
1099.52, this low was near a potential reversal level and two days earlier =
than
my projected turning point of 4-17. The next day 4-16 the market was up str=
ong
adding 26 points to the index and closed well above the high of the previous
day (a key indicator of a confirmed market turn). This lead me to believe t=
he
low I was anticipating had been made. I went on to say that it was possible
that this low could be taken out later that week or early next week, but th=
at I
felt it was very unlikely to happen based on the strength of the move made =
on
4-16.<o:p></o:p></span></font></p>

<p class=3DMsoNormal><font size=3D3 color=3Dblue face=3D"Times New Roman"><=
span
style=3D'font-size:12.0pt;color:blue'><![if !supportEmptyParas]>&nbsp;<![en=
dif]><o:p></o:p></span></font></p>

<p class=3DMsoNormal><font size=3D3 color=3Dblue face=3D"Times New Roman"><=
span
style=3D'font-size:12.0pt;color:blue'>I was wrong. Today the S&amp;P did ta=
ke out
the 4-15 low with an intraday low of 1098.71 four days after my projected t=
urn
date of 4-17. Does this mean my analysis was all wet? No it just means that=
 my
turn indicator gave a false signal.<o:p></o:p></span></font></p>

<p class=3DMsoNormal><font size=3D3 color=3Dblue face=3D"Times New Roman"><=
span
style=3D'font-size:12.0pt;color:blue'><![if !supportEmptyParas]>&nbsp;<![en=
dif]><o:p></o:p></span></font></p>

<p class=3DMsoNormal><font size=3D3 color=3Dblue face=3D"Times New Roman"><=
span
style=3D'font-size:12.0pt;color:blue'>What to expect now. First I will eat =
a raw
lemon if this week does not produce the medium term bottom that I have
projected. If today was not the bottom, and I doubt that it is, the most li=
kely
day for this to end will be tomorrow. There are two key reversal levels to =
look
for they are 1093 and 1080, 1080 being the higher probability. 1080 is also
much closer to my original forecast made a month ago.<o:p></o:p></span></fo=
nt></p>

<p class=3DMsoNormal><font size=3D3 color=3Dblue face=3D"Times New Roman"><=
span
style=3D'font-size:12.0pt;color:blue'><![if !supportEmptyParas]>&nbsp;<![en=
dif]><o:p></o:p></span></font></p>

<p class=3DMsoNormal><font size=3D3 color=3Dblue face=3D"Times New Roman"><=
span
style=3D'font-size:12.0pt;color:blue'>The confirmation of this bottom will =
be
when the S&amp;P closes higher than the high made on the day the low was ma=
de.<o:p></o:p></span></font></p>

<p class=3DMsoNormal><font size=3D3 color=3Dblue face=3D"Times New Roman"><=
span
style=3D'font-size:12.0pt;color:blue'><![if !supportEmptyParas]>&nbsp;<![en=
dif]><o:p></o:p></span></font></p>

<p class=3DMsoNormal><font size=3D3 color=3Dblue face=3D"Times New Roman"><=
span
style=3D'font-size:12.0pt;color:blue'>What does this mean for CANSLIMer&#82=
17;s. Well
several of you have been doing quite well lately as have I. This is another
indicator to me that a market turn is imminent, the top stocks often perform
well just before the turn because they are the ones that will lead the mark=
et
out of the turn. Tomorrow could get ugly, but after the turn it looks like
happy times ahead at least for a few weeks.<o:p></o:p></span></font></p>

<p class=3DMsoNormal><font size=3D3 color=3Dblue face=3D"Times New Roman"><=
span
style=3D'font-size:12.0pt;color:blue'><![if !supportEmptyParas]>&nbsp;<![en=
dif]><o:p></o:p></span></font></p>

<p class=3DMsoNormal><font size=3D3 color=3Dblue face=3D"Times New Roman"><=
span
style=3D'font-size:12.0pt;color:blue'>E<o:p></o:p></span></font></p>

<p class=3DMsoNormal><span class=3DEmailStyle22><font size=3D2 color=3D"#99=
3366"
face=3DArial><span style=3D'font-size:10.0pt;mso-bidi-font-size:12.0pt;font=
- -family:
Arial'><![if !supportEmptyParas]>&nbsp;<![endif]><o:p></o:p></span></font><=
/span></p>

<p class=3DMsoNormal><span class=3DEmailStyle22><font size=3D2 color=3D"#99=
3366"
face=3DArial><span style=3D'font-size:10.0pt;mso-bidi-font-size:12.0pt;font=
- -family:
Arial'><![if !supportEmptyParas]>&nbsp;<![endif]><o:p></o:p></span></font><=
/span></p>

<p class=3DMsoNormal style=3D'margin-left:.5in'><font size=3D2 color=3Dblack
face=3DTahoma><span style=3D'font-size:10.0pt;font-family:Tahoma;color:blac=
k'>-----Original
Message-----<br>
<b><span style=3D'font-weight:bold'>From:</span></b> Tom Worley
[mailto:stkguru@bellsouth.net]<br>
<b><span style=3D'font-weight:bold'>Sent:</span></b> Tuesday, April 23, 200=
2 7:42
AM<br>
<b><span style=3D'font-weight:bold'>To:</span></b> canslim@lists.xmission.c=
om<br>
<b><span style=3D'font-weight:bold'>Subject:</span></b> &quot;M&quot; (was =
Re:
[CANSLIM] S&amp;P 500 forecast)</span></font></p>

<p class=3DMsoNormal style=3D'margin-left:.5in'><font size=3D3 face=3D"Time=
s New Roman"><span
style=3D'font-size:12.0pt'><![if !supportEmptyParas]>&nbsp;<![endif]><o:p><=
/o:p></span></font></p>

<p class=3DMsoNormal style=3D'margin-left:.5in'><font size=3D3 color=3Dblack
face=3DArial><span style=3D'font-size:12.0pt;font-family:Arial;color:black'=
>I would
like to see some serious discussion here on &quot;M&quot;. It is the most
important of the seven letters in CANSLIM, and is so often ignored or
overlooked. </span></font><font color=3Dblack><span style=3D'color:black;
mso-color-alt:windowtext'><o:p></o:p></span></font></p>

<p class=3DMsoNormal style=3D'margin-left:.5in'><font size=3D3 color=3Dblack
face=3D"Times New Roman"><span style=3D'font-size:12.0pt;color:black'>&nbsp=
;</span></font><font
color=3Dblack><span style=3D'color:black;mso-color-alt:windowtext'><o:p></o=
:p></span></font></p>

<p class=3DMsoNormal style=3D'margin-left:.5in'><font size=3D3 color=3Dblack
face=3DArial><span style=3D'font-size:12.0pt;font-family:Arial;color:black'=
>The
small caps continue to work for me, and I remain fully invested in all
accounts. Money appears to be shifting back from value to growth. Volume
appears to be picking up. But because I don't focus on the mid caps, I often
wonder what may also be happening there.</span></font><font color=3Dblack><=
span
style=3D'color:black;mso-color-alt:windowtext'><o:p></o:p></span></font></p>

<p class=3DMsoNormal style=3D'margin-left:.5in'><font size=3D3 color=3Dblack
face=3D"Times New Roman"><span style=3D'font-size:12.0pt;color:black'>&nbsp=
;</span></font><font
color=3Dblack><span style=3D'color:black;mso-color-alt:windowtext'><o:p></o=
:p></span></font></p>

<p class=3DMsoNormal style=3D'margin-left:.5in'><font size=3D3 color=3Dblack
face=3D"Times New Roman"><span style=3D'font-size:12.0pt;color:black'>Tom W=
orley<br>
<a href=3D"mailto:stkguru@bellsouth.net">stkguru@bellsouth.net</a><br>
AIM: TexWorley</span></font><font color=3Dblack><span style=3D'color:black;
mso-color-alt:windowtext'><o:p></o:p></span></font></p>

<p class=3DMsoNormal style=3D'margin-left:.5in'><font size=3D2 color=3Dblack
face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial;color:black'=
>-----
Original Message -----=20

<div style=3D'font-color:black'></span></font><font size=3D2 color=3Dblack
face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial;color:black;
mso-color-alt:windowtext'><o:p></o:p></span></font></p>

<p class=3DMsoNormal style=3D'margin-left:.5in;background:#E4E4E4'><b><font=
 size=3D2
color=3Dblack face=3DArial><span style=3D'font-size:10.0pt;font-family:Aria=
l;
color:black;font-weight:bold'>From:</span></font></b><font size=3D2 color=
=3Dblack
face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial;color:black'=
> <a
href=3D"mailto:Ernie.Hill@ElPaso.com" title=3D"Ernie.Hill@ElPaso.com">Hill,=
 Ernie</a>
</span></font><font size=3D2 color=3Dblack face=3DArial><span style=3D'font=
- -size:10.0pt;
font-family:Arial;color:black;mso-color-alt:windowtext'><o:p></o:p></span><=
/font></p>

</div>

<p class=3DMsoNormal style=3D'margin-left:.5in'><b><font size=3D2 color=3Db=
lack
face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial;color:black;
font-weight:bold'>To:</span></font></b><font size=3D2 color=3Dblack face=3D=
Arial><span
style=3D'font-size:10.0pt;font-family:Arial;color:black'> <a
href=3D"mailto:'canslim@lists.xmission.com'" title=3D"canslim@lists.xmissio=
n.com">'canslim@lists.xmission.com'</a>
</span></font><font size=3D2 color=3Dblack face=3DArial><span style=3D'font=
- -size:10.0pt;
font-family:Arial;color:black;mso-color-alt:windowtext'><o:p></o:p></span><=
/font></p>

<p class=3DMsoNormal style=3D'margin-left:.5in'><b><font size=3D2 color=3Db=
lack
face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial;color:black;
font-weight:bold'>Sent:</span></font></b><font size=3D2 color=3Dblack face=
=3DArial><span
style=3D'font-size:10.0pt;font-family:Arial;color:black'> Monday, April 22,=
 2002
12:07 PM</span></font><font size=3D2 color=3Dblack face=3DArial><span
style=3D'font-size:10.0pt;font-family:Arial;color:black;mso-color-alt:windo=
wtext'><o:p></o:p></span></font></p>

<p class=3DMsoNormal style=3D'margin-left:.5in'><b><font size=3D2 color=3Db=
lack
face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial;color:black;
font-weight:bold'>Subject:</span></font></b><font size=3D2 color=3Dblack
face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial;color:black'=
> RE:
[CANSLIM] S&amp;P 500 forecast</span></font><font size=3D2 color=3Dblack
face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial;color:black;
mso-color-alt:windowtext'><o:p></o:p></span></font></p>

<p class=3DMsoNormal style=3D'margin-left:.5in'><font size=3D3 color=3Dblack
face=3D"Times New Roman"><span style=3D'font-size:12.0pt;color:black'><![if=
 !supportEmptyParas]>&nbsp;<![endif]></span></font><font
color=3Dblack><span style=3D'color:black;mso-color-alt:windowtext'><o:p></o=
:p></span></font></p>

<p class=3DMsoNormal style=3D'margin-left:.5in'><span class=3DEmailStyle20>=
<font
size=3D3 color=3Dnavy face=3DArial><span style=3D'font-size:12.0pt;mso-ansi=
- -font-size:
12.0pt;font-family:Arial'>Hi Tom,<o:p></o:p></span></font></span></p>

<p class=3DMsoNormal style=3D'margin-left:.5in'><span class=3DEmailStyle20>=
<font
size=3D3 color=3Dnavy face=3DArial><span style=3D'font-size:12.0pt;mso-ansi=
- -font-size:
12.0pt;font-family:Arial'>&nbsp;<o:p></o:p></span></font></span></p>

<p class=3DMsoNormal style=3D'margin-left:.5in'><span class=3DEmailStyle20>=
<font
size=3D3 color=3Dnavy face=3DArial><span style=3D'font-size:12.0pt;mso-ansi=
- -font-size:
12.0pt;font-family:Arial'>It is purely my version of TA. It has really help=
ed
me in my trading.<o:p></o:p></span></font></span></p>

<p class=3DMsoNormal style=3D'margin-left:.5in'><span class=3DEmailStyle20>=
<font
size=3D3 color=3Dnavy face=3DArial><span style=3D'font-size:12.0pt;mso-ansi=
- -font-size:
12.0pt;font-family:Arial'>&nbsp;<o:p></o:p></span></font></span></p>

<p class=3DMsoNormal style=3D'margin-left:.5in'><span class=3DEmailStyle20>=
<font
size=3D3 color=3Dnavy face=3DArial><span style=3D'font-size:12.0pt;mso-ansi=
- -font-size:
12.0pt;font-family:Arial'>I would not present these forecasts to the group =
if I
were not confident in them. My purpose in posting these forecasts is to give
back some value to a group that has given me value. Determining market
direction has not been very easy to do lately. It is my hope that as some g=
roup
members gain some confidence that I may actually know what I am talking abo=
ut
that they could use these forecasts as another tool to benefit them in their
CANSLIM investments.<o:p></o:p></span></font></span></p>

<p class=3DMsoNormal style=3D'margin-left:.5in'><span class=3DEmailStyle20>=
<font
size=3D3 color=3Dnavy face=3DArial><span style=3D'font-size:12.0pt;mso-ansi=
- -font-size:
12.0pt;font-family:Arial'>&nbsp;<o:p></o:p></span></font></span></p>

<p class=3DMsoNormal style=3D'margin-left:.5in'><span class=3DEmailStyle20>=
<font
size=3D3 color=3Dnavy face=3DArial><span style=3D'font-size:12.0pt;mso-ansi=
- -font-size:
12.0pt;font-family:Arial'>E<o:p></o:p></span></font></span></p>

<p class=3DMsoNormal style=3D'margin-left:.5in'><span class=3DEmailStyle20>=
<font
size=3D3 color=3Dnavy face=3DArial><span style=3D'font-size:12.0pt;mso-ansi=
- -font-size:
12.0pt;font-family:Arial'>&nbsp;<o:p></o:p></span></font></span></p>

<p class=3DMsoNormal style=3D'margin-left:.5in'><span class=3DEmailStyle20>=
<font
size=3D3 color=3Dnavy face=3DArial><span style=3D'font-size:12.0pt;mso-ansi=
- -font-size:
12.0pt;font-family:Arial'>PS: Today is certainly not adding to my credibili=
ty </span></font></span><span
class=3DEmailStyle20><font color=3Dnavy face=3DWingdings><span style=3D'mso=
- -ansi-font-size:
12.0pt;font-family:Wingdings;mso-ascii-font-family:Arial;mso-hansi-font-fam=
ily:
Arial;mso-char-type:symbol;mso-symbol-font-family:Wingdings'><span
style=3D'mso-char-type:symbol;mso-symbol-font-family:Wingdings'>J</span></s=
pan></font></span><span
class=3DEmailStyle20><font color=3Dnavy face=3DArial><span style=3D'mso-ans=
i-font-size:
12.0pt;font-family:Arial'><o:p></o:p></span></font></span></p>

<p class=3DMsoNormal style=3D'margin-left:.5in'><span class=3DEmailStyle20>=
<font
size=3D2 color=3Dnavy face=3DArial><span style=3D'font-size:10.0pt;mso-bidi=
- -font-size:
12.0pt;font-family:Arial'>&nbsp;<o:p></o:p></span></font></span></p>

<p class=3DMsoNormal style=3D'margin-left:1.0in'><font size=3D2 color=3Dbla=
ck
face=3DTahoma><span style=3D'font-size:10.0pt;font-family:Tahoma;color:blac=
k'>-----Original
Message-----<br>
<b><span style=3D'font-weight:bold'>From:</span></b> Tom Worley [mailto:stk=
guru@bellsouth.net]<br>
<b><span style=3D'font-weight:bold'>Sent:</span></b> Monday, April 22, 2002=
 7:16
AM<br>
<b><span style=3D'font-weight:bold'>To:</span></b> canslim@lists.xmission.c=
om<br>
<b><span style=3D'font-weight:bold'>Subject:</span></b> Re: [CANSLIM] S&amp=
;P 500
forecast</span></font><font color=3Dblack><span style=3D'color:black;mso-co=
lor-alt:
windowtext'><o:p></o:p></span></font></p>

<p class=3DMsoNormal style=3D'margin-left:1.0in'><font size=3D3 color=3Dbla=
ck
face=3D"Times New Roman"><span style=3D'font-size:12.0pt;color:black'>&nbsp=
;</span></font><font
color=3Dblack><span style=3D'color:black;mso-color-alt:windowtext'><o:p></o=
:p></span></font></p>

<p class=3DMsoNormal style=3D'margin-left:1.0in'><font size=3D3 color=3Dbla=
ck
face=3DArial><span style=3D'font-size:12.0pt;font-family:Arial;color:black'=
>I don't
understand your reasoning for this, Ernie, but I would certainly cheer 1238=
 on
the S&amp;P500 by then.</span></font><font color=3Dblack><span style=3D'col=
or:black;
mso-color-alt:windowtext'><o:p></o:p></span></font></p>

<p class=3DMsoNormal style=3D'margin-left:1.0in'><font size=3D3 color=3Dbla=
ck
face=3D"Times New Roman"><span style=3D'font-size:12.0pt;color:black'>&nbsp=
;</span></font><font
color=3Dblack><span style=3D'color:black;mso-color-alt:windowtext'><o:p></o=
:p></span></font></p>

<p class=3DMsoNormal style=3D'margin-left:1.0in'><font size=3D3 color=3Dbla=
ck
face=3D"Times New Roman"><span style=3D'font-size:12.0pt;color:black'>Tom W=
orley<br>
<a href=3D"mailto:stkguru@bellsouth.net">stkguru@bellsouth.net</a><br>
AIM: TexWorley</span></font><font color=3Dblack><span style=3D'color:black;
mso-color-alt:windowtext'><o:p></o:p></span></font></p>

<p class=3DMsoNormal style=3D'margin-left:1.0in'><font size=3D2 color=3Dbla=
ck
face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial;color:black'=
>-----
Original Message ----- <o:p></o:p></span></font></p>

<div style=3D'font-color:black'>

<p class=3DMsoNormal style=3D'margin-left:.5in'><font size=3D2 color=3Dblack
face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial;color:black'=
><![if !supportEmptyParas]>&nbsp;<![endif]></span></font><font
size=3D2 color=3Dblack face=3DArial><span style=3D'font-size:10.0pt;font-fa=
mily:Arial;
color:black;mso-color-alt:windowtext'><o:p></o:p></span></font></p>

<p class=3DMsoNormal style=3D'margin-left:1.0in;background:#E4E4E4'><b><font
size=3D2 color=3Dblack face=3DArial><span style=3D'font-size:10.0pt;font-fa=
mily:Arial;
color:black;font-weight:bold'>From:</span></font></b><font size=3D2 color=
=3Dblack
face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial;color:black'=
> <a
href=3D"mailto:Ernie.Hill@ElPaso.com" title=3D"Ernie.Hill@ElPaso.com">Hill,=
 Ernie</a>
</span></font><font size=3D2 color=3Dblack face=3DArial><span style=3D'font=
- -size:10.0pt;
font-family:Arial;color:black;mso-color-alt:windowtext'><o:p></o:p></span><=
/font></p>

</div>

<p class=3DMsoNormal style=3D'margin-left:1.0in'><b><font size=3D2 color=3D=
black
face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial;color:black;
font-weight:bold'>To:</span></font></b><font size=3D2 color=3Dblack face=3D=
Arial><span
style=3D'font-size:10.0pt;font-family:Arial;color:black'> <a
href=3D"mailto:canslim@lists.xmission.com" title=3D"canslim@lists.xmission.=
com">CANSLIM</a>
</span></font><font size=3D2 color=3Dblack face=3DArial><span style=3D'font=
- -size:10.0pt;
font-family:Arial;color:black;mso-color-alt:windowtext'><o:p></o:p></span><=
/font></p>

<p class=3DMsoNormal style=3D'margin-left:1.0in'><b><font size=3D2 color=3D=
black
face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial;color:black;
font-weight:bold'>Sent:</span></font></b><font size=3D2 color=3Dblack face=
=3DArial><span
style=3D'font-size:10.0pt;font-family:Arial;color:black'> Saturday, April 2=
0,
2002 10:08 PM</span></font><font size=3D2 color=3Dblack face=3DArial><span
style=3D'font-size:10.0pt;font-family:Arial;color:black;mso-color-alt:windo=
wtext'><o:p></o:p></span></font></p>

<p class=3DMsoNormal style=3D'margin-left:1.0in'><b><font size=3D2 color=3D=
black
face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial;color:black;
font-weight:bold'>Subject:</span></font></b><font size=3D2 color=3Dblack
face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial;color:black'>
[CANSLIM] S&amp;P 500 forecast</span></font><font size=3D2 color=3Dblack
face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial;color:black;
mso-color-alt:windowtext'><o:p></o:p></span></font></p>

<p class=3DMsoNormal style=3D'margin-left:1.0in'><font size=3D3 color=3Dbla=
ck
face=3D"Times New Roman"><span style=3D'font-size:12.0pt;color:black'>&nbsp=
;</span></font><font
color=3Dblack><span style=3D'color:black;mso-color-alt:windowtext'><o:p></o=
:p></span></font></p>

<p class=3DMsoNormal style=3D'margin-left:1.0in'><font size=3D2 color=3Dbla=
ck
face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial;color:black'=
>At this
point in time I have two high probability projections for the next <u>major
turning point</u> in the S&amp;P 500. The highest probability is for a turn=
ing
point on <st1:date Month=3D"5" Day=3D"21" Year=3D"2002">May 21, 2002</st1:d=
ate> at a
price level of 1200. The second highest probability is for a turning point =
on <st1:date Month=3D"5" Day=3D"22" Year=3D"2002">May
22, 2002</st1:date> at a price level of 1238. As we approach these dates on=
e of
these scenarios should emerge as the most likely candidate.</span></font><f=
ont
size=3D2 color=3Dblack face=3DArial><span style=3D'font-size:10.0pt;font-fa=
mily:Arial;
color:black;mso-color-alt:windowtext'><o:p></o:p></span></font></p>

<p class=3DMsoNormal style=3D'margin-left:1.0in'><font size=3D2 color=3Dbla=
ck
face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial;color:black'=
>&nbsp;</span></font><font
size=3D2 color=3Dblack face=3DArial><span style=3D'font-size:10.0pt;font-fa=
mily:Arial;
color:black;mso-color-alt:windowtext'><o:p></o:p></span></font></p>

<p class=3DMsoNormal style=3D'margin-left:1.0in'><font size=3D2 color=3Dbla=
ck
face=3DArial><span style=3D'font-size:10.0pt;font-family:Arial;color:black'=
>E</span></font><font
size=3D2 color=3Dblack face=3DArial><span style=3D'font-size:10.0pt;font-fa=
mily:Arial;
color:black;mso-color-alt:windowtext'><o:p></o:p></span></font></p>

<p class=3DMsoNormal style=3D'margin-left:1.0in'><font size=3D3 color=3Dbla=
ck
face=3D"Courier New"><span style=3D'font-size:12.0pt;font-family:"Courier N=
ew";
mso-fareast-font-family:"Courier New";color:black'><br>
<br>
<code><span style=3D'mso-ansi-font-size:12.0pt;mso-bidi-font-size:12.0pt'>*=
*****************************************************************</span></c=
ode><br>
<code><span style=3D'mso-ansi-font-size:12.0pt;mso-bidi-font-size:12.0pt'>T=
his
email and any files transmitted with it from the ElPaso </span></code><br>
<code><span style=3D'mso-ansi-font-size:12.0pt;mso-bidi-font-size:12.0pt'>C=
orporation
are confidential and intended solely for the </span></code><br>
<code><span style=3D'mso-ansi-font-size:12.0pt;mso-bidi-font-size:12.0pt'>u=
se of
the individual or entity to whom they are addressed. </span></code><br>
<code><span style=3D'mso-ansi-font-size:12.0pt;mso-bidi-font-size:12.0pt'>I=
f you
have received this email in error please notify the </span></code><br>
<code><span style=3D'mso-ansi-font-size:12.0pt;mso-bidi-font-size:12.0pt'>s=
ender.</span></code><br>
<code><span style=3D'mso-ansi-font-size:12.0pt;mso-bidi-font-size:12.0pt'>*=
*****************************************************************</span></c=
ode></span></font><font
color=3Dblack><span style=3D'color:black;mso-color-alt:windowtext'><o:p></o=
:p></span></font></p>

<p class=3DMsoNormal style=3D'margin-left:.5in'><font size=3D3 color=3Dblack
face=3D"Courier New"><span style=3D'font-size:12.0pt;font-family:"Courier N=
ew";
mso-fareast-font-family:"Courier New";color:black'><br>
<br>
<code><span style=3D'mso-ansi-font-size:12.0pt;mso-bidi-font-size:12.0pt'>*=
*****************************************************************</span></c=
ode><br>
<code><span style=3D'mso-ansi-font-size:12.0pt;mso-bidi-font-size:12.0pt'>T=
his
email and any files transmitted with it from the ElPaso </span></code><br>
<code><span style=3D'mso-ansi-font-size:12.0pt;mso-bidi-font-size:12.0pt'>C=
orporation
are confidential and intended solely for the </span></code><br>
<code><span style=3D'mso-ansi-font-size:12.0pt;mso-bidi-font-size:12.0pt'>u=
se of
the individual or entity to whom they are addressed. </span></code><br>
<code><span style=3D'mso-ansi-font-size:12.0pt;mso-bidi-font-size:12.0pt'>I=
f you
have received this email in error please notify the </span></code><br>
<code><span style=3D'mso-ansi-font-size:12.0pt;mso-bidi-font-size:12.0pt'>s=
ender.</span></code><br>
<code><span style=3D'mso-ansi-font-size:12.0pt;mso-bidi-font-size:12.0pt'>*=
*****************************************************************</span></c=
ode></span></font><font
color=3Dblack><span style=3D'color:black;mso-color-alt:windowtext'><o:p></o=
:p></span></font></p>

</div>

<CODE><FONT SIZE=3D3><BR>
<BR>
******************************************************************<BR>
This email and any files transmitted with it from the ElPaso <BR>
Corporation are confidential and intended solely for the <BR>
use of the individual or entity to whom they are addressed. <BR>
If you have received this email in error please notify the <BR>
sender.<BR>
******************************************************************<BR>
</FONT></CODE></body>

</html>

- ------_=_NextPart_001_01C1EB25.B7442BA0--

- -
- -To subscribe/unsubscribe, email "majordomo@xmission.com"
- -In the email body, write "subscribe canslim" or
- -"unsubscribe canslim".  Do not use quotes in your email.

Previous Article (by Date): [CANSLIM] Times Are Changing Gene Ricci
Top of Thread: Re: "M" (was Re: [CANSLIM] S&P 500 forecast) "Bill Triffet"
Articles sorted by: [Date] [Author] [Subject]


Go to Jeff Salisbury LWGate Home Page.