Go to Jeff Salisbury LWGate Home Page.From: "Hill, Ernie" <Ernie.Hill@ElPaso.com>
Subject: RE: [CANSLIM] M where now?
Date: Mon, 29 Apr 2002 22:51:12 -0500
Previous Article (by Date): Re: [CANSLIM] M where now? "Tom Worley"
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I agree 100%. I mentioned in one of my earlier posts that the precise
predictions were more for fun, but that I used the targets to alert me as to
when to expect market turns. With the exception of the one false turn
confirmation my system has kept me on the sidelines throughout this ugly
downturn in the market. Fortunately I was able to turn a small profit during
the time after the false confirmation and when the market proved it to be
false.
E
- -----Original Message-----
From: Tom Worley [mailto:stkguru@bellsouth.net]
Sent: Monday, April 29, 2002 10:30 PM
To: canslim@lists.xmission.com
Subject: Re: [CANSLIM] M where now?
I think there are tools we can use to help us, including some that try to
predict the future. But I personally think we should only use them to aid
our understanding of "M", and let the market tell us what it actually is
doing now, rather than betting on what it will do then.
Tom Worley
stkguru@bellsouth.net <mailto:stkguru@bellsouth.net>
AIM: TexWorley
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<p class=3DMsoNormal><font size=3D2 color=3Dnavy face=3DArial><span style=
=3D'font-size:
10.0pt;font-family:Arial;color:navy'>I agree 100%. I mentioned in one of my
earlier posts that the precise predictions were more for fun, but that I us=
ed
the targets to alert me as to when to expect market turns. With the excepti=
on
of the one false turn confirmation my system has kept me on the sidelines t=
hroughout
this ugly downturn in the market. Fortunately I was able to turn a small pr=
ofit
during the time after the false confirmation and when the market proved it =
to
be false.<o:p></o:p></span></font></p>
<p class=3DMsoNormal><font size=3D2 color=3Dnavy face=3DArial><span style=
=3D'font-size:
10.0pt;font-family:Arial;color:navy'><o:p> </o:p></span></font></p>
<p class=3DMsoNormal><font size=3D2 color=3Dnavy face=3DArial><span style=
=3D'font-size:
10.0pt;font-family:Arial;color:navy'>E<o:p></o:p></span></font></p>
<p class=3DMsoNormal><font size=3D2 color=3Dnavy face=3DArial><span style=
=3D'font-size:
10.0pt;font-family:Arial;color:navy'><o:p> </o:p></span></font></p>
<p class=3DMsoNormal style=3D'margin-left:.5in'><font size=3D2 face=3DTahom=
a><span
style=3D'font-size:10.0pt;font-family:Tahoma'>-----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> </span></font><st1:date
Month=3D"4" Day=3D"29" Year=3D"2002"><font size=3D2 face=3DTahoma><span sty=
le=3D'font-size:
10.0pt;font-family:Tahoma'>Monday, April 29, 2002</span></font></st1:date>=
<font
size=3D2 face=3DTahoma><span style=3D'font-size:10.0pt;font-family:Tahoma'>=
</span></font><st1:time
Hour=3D"22" Minute=3D"30"><font size=3D2 face=3DTahoma><span style=3D'font-=
size:10.0pt;
font-family:Tahoma'>10:30 PM</span></font></st1:time><font size=3D2 face=
=3DTahoma><span
style=3D'font-size:10.0pt;font-family:Tahoma'><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] M whe=
re
now?</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'><o:p> </o:p></span></font></p>
<div>
<p class=3DMsoNormal style=3D'margin-left:.5in'><font size=3D3 face=3D"Time=
s New Roman"><span
style=3D'font-size:12.0pt'> <o:p></o:p></span></font></p>
</div>
<div>
<p class=3DMsoNormal style=3D'margin-left:.5in'><font size=3D3 face=3DArial=
><span
style=3D'font-size:12.0pt;font-family:Arial'>I think there are tools we can=
use
to help us, including some that try to predict the future. But I personally
think we should only use them to aid our understanding of "M", and
let the market tell us what it actually is doing now, rather than betting on
what it will do then.</span></font><o:p></o:p></p>
</div>
<div>
<p class=3DMsoNormal style=3D'margin-left:.5in'><font size=3D3 face=3D"Time=
s New Roman"><span
style=3D'font-size:12.0pt'> <o:p></o:p></span></font></p>
</div>
<div>
<p class=3DMsoNormal style=3D'margin-left:.5in'><font size=3D3 face=3D"Time=
s New Roman"><span
style=3D'font-size:12.0pt'>Tom Worley<br>
<a href=3D"mailto:stkguru@bellsouth.net">stkguru@bellsouth.net</a><br>
AIM: TexWorley<o:p></o:p></span></font></p>
</div>
<div>
<p class=3DMsoNormal style=3D'margin-left:.5in'><font size=3D3 face=3D"Time=
s New Roman"><span
style=3D'font-size:12.0pt'><o:p> </o:p></span></font></p>
</div>
</div>
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Previous Article (by Date): Re: [CANSLIM] M where now? "Tom Worley"
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