RE: [CANSLIM] test - disregard

From: "Patrick Wahl" <pjwahl@attbi.com>
Subject: RE: [CANSLIM] test - disregard
Date: Sun, 28 Apr 2002 19:31:25 -0600

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I noticed that the Vix, which I have been yapping about for a month, has moved up 
a little bit, that's a good sign, market really didn't figure to be able to make any 
headway as long as it was so low.  There also seems to be a bit of pessimism, that 
tends to be a good thing.  The bad thing is that the market's sell off is pretty clearly 
due to disappointment with the current batch of earnings, I was hoping they would 
be strong enough to trigger some buying.  S&P is sitting at support, I guess if it is 
going to turn up here it will first consolidate a little bit anyway.

On 28 Apr 2002 at 18:45, Hill, Ernie wrote:

> I have thought about posting several times this weekend concerning the S&P
> bottoming Friday near my target price of 1080 and how my system is screaming
> that this is a significant turning point. But, I am finding it hard to
> believe myself.
> 
> The last couple of days last week even the small caps got butchered, maybe
> this was what was needed to finally reach bottom.

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