[CANSLIM] Interesting day for 'M' ...


From: Ian <ianstm@shaw.ca>
Subject: [CANSLIM] Interesting day for 'M' ...
Date: Thu, 02 May 2002 16:53:39 -0700

Next Article (by Author): [CANSLIM] SAH "Marty"
Previous Article (by Author): Re: [CANSLIM] HUM Harvey Brion
Articles sorted by: [Date] [Author] [Subject]


Did anyone else feel the capitulation in yesteryears big winners today:

PMCS down 6%
SEBL down 6 1/2%
SUNW down 7 1/2 %
ORCL down 9 1/2 %
EMC down 9 1/2%
WEBM down 14%
TIBX down 15%

, while at the same time, the Russell was up 1/2%, and is just 10 points shy
of its yearly high (recently bouncing hard off of its 50-day EMA)?

I saw some panic selling in the microcaps for 4 days (last Thurs-Fri, this
Mon-Tues), but that appeared to subside yesterday, and today saw renewed
strong buying, and a bunch of new highs in little companies with strong
earnings momentum.

These are interesting times.

Ian








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

Next Article (by Author): [CANSLIM] SAH "Marty"
Previous Article (by Author): Re: [CANSLIM] HUM Harvey Brion
Articles sorted by: [Date] [Author] [Subject]


Go to Jeff Salisbury LWGate Home Page.