Go to Jeff Salisbury LWGate Home Page.From: "Duke Miller" <dukemill@tampabay.rr.com>
Subject: RE: [CANSLIM] TOO + DRS + IBD = hmmmm
Date: Wed, 22 May 2002 09:28:55 -0400
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Thank you Katherine....I mean, Bill....:) - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com] On Behalf Of Bill Triffet Sent: Wednesday, May 22, 2002 12:46 AM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] TOO + DRS + IBD = hmmmm Dave, This theory has been tossed around here but mosty it's been dismissed as general market trends or underlying problems. Also, TOO and DRS were featured because of the high canslim numbers - not an IBD recommendation. For many traders that's too much advertising and take quick profits. Given the speed of information now though, I tend to think that the high IBD indicators mostly represent late indicators in this current market. I feel that when a stock gets to a high IBD rating it is almost too late. I also find they have made several bases already and may be tired. Perhaps a mid but rising RS value is a better catch than one that's there already. - -Bill - ----- Original Message ----- From: "Canslim Dave" <canslimdave@yahoo.com> > I'm new to the group and just wanted to weigh in with something I've > noticed since IBD began featuring companies showing good chart > patterns in Weblink. Both TOO and DRS both sold off with HUGE volume > within a week or so after being featured in IBD as ideal buy > candidates. Remind anyone of brokerage houses issuing > "Strong Buys" while their investment arms are dumping > the stocks? > > I'm not saying they would or are doing this > intentionally. In fact, I have great respect for IBD > and WON, but the fact that they have undisclosed > stakes worth millions in many of the companies they > tout smacks of conflict of interest. Has anyone > else noticed similar patterns of stocks being dumped > after appearing in Weblink (or whatever that new > feature is called). Just wondering. > > Dave > - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email.
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