RE: [CANSLIM] "M" History

From: "Mike Gibbons" <mikegibbons@proactech.com>
Subject: RE: [CANSLIM] "M" History
Date: Thu, 13 Jun 2002 08:26:26 -1000
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Leibniz, 1703, as quoted in Against the Gods* - "Nature has established
patterns originating in the return of events, but only for the most part"

G. K Chesterton, same source - "The real trouble with this world of ours is
not that it is an unreasonable world, nor even that it is an unreasonable
one. The commonest kind of trouble is that it is nearly reasonable, but not
quite. Life is not an illogicality; yet it is a trap for logicians. It looks
just a little more mathematical and regular than it is; it's exactitude is
obvious, but its inexactitude is hidden; its wildness lies in wait".

In every recession and every recovery, the political and economic conditions
are different from (sometimes more, sometimes less) those that preceded it,
and our understanding of the underlying causes and effects, and our
sentiments about the future, are influenced by what we learned from the last
cycle. All we know for certain, is that the future will be similar to, but
different from, the past.

* Peter L Bernsetein "Against the Gods - The Remarkable story of Risk".

Aloha,

Mike Gibbons
Proactive Technologies, LLC
http://www.proactech.com
  -----Original Message-----
  From: owner-canslim@lists.xmission.com
[mailto:owner-canslim@lists.xmission.com]On Behalf Of Hill, Ernie
  Sent: Thursday, June 13, 2002 7:00 AM
  To: 'canslim@lists.xmission.com'
  Subject: RE: [CANSLIM] "M" History


  I don't have a resource to contribute at this time but, I have seen two
interviews lately on CNBC one with Art Cashin (an "experienced" floor
trader) and the other with Warren Buffet. Both of these men made reference
to a 17.6 year cycle and point out that the major bull market that ended in
2000 began in 1983.



  They both expect the next 17.6 years to be lean by comparison. Mr. buffet
even went on to talk about how the market has performed all the way back to
1929, and pointed out the influence of this cycle and how the market was
affected by it despite how the economy was performing.



  Unfortunately I did not have my full attention focused on either interview
so I missed much of what was said about specific time periods and how the
market related to the economy during those time periods.



  However, what I did hear did not sound very encouraging for the next 15
years!



  E



  -----Original Message-----
  From: Kelly Short [mailto:kelly.short@neoris.com]
  Sent: Thursday, June 13, 2002 10:46 AM
  To: canslim@lists.xmission.com
  Subject: [CANSLIM] "M" History



  Since "M" is not being nice- I have focused my attention in the short-term
on "M's" history over the past 100 - 150 years to try to better understand
what makes this machine tick. I have found a couple of resources that cover
this topic, provide timelines, etc. but would appreciate any known quality
resources the group has used in the past for such purposes.



  Kelly Short



  Business Development Manager

  Neoris, Inc.

  (817) 731-0995

  mailto:kelly.short@neoris.com

  http://www.neoris.com





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<DIV><SPAN class=3D710180418-13062002><FONT face=3DArial color=3D#0000ff =

size=3D2>Leibniz, 1703, as quoted in Against the Gods* - "Nature has =
established=20
patterns originating in the return of events, but only for the most=20
part"</FONT></SPAN></DIV>
<DIV><SPAN class=3D710180418-13062002><FONT face=3DArial color=3D#0000ff =

size=3D2></FONT></SPAN>&nbsp;</DIV>
<DIV><SPAN class=3D710180418-13062002><FONT face=3DArial color=3D#0000ff =
size=3D2>G. K=20
Chesterton, same source - "The real trouble with this world of ours is =
not that=20
it is an unreasonable world, nor even that it is an unreasonable one. =
The=20
commonest kind of trouble is that it is nearly reasonable, but not =
quite. Life=20
is not an illogicality; yet it is a trap for logicians. It looks just a =
little=20
more mathematical and regular than it is; it's exactitude is obvious, =
but its=20
inexactitude is hidden; its wildness lies in wait".</FONT></SPAN></DIV>
<DIV><SPAN class=3D710180418-13062002><FONT face=3DArial color=3D#0000ff =

size=3D2></FONT></SPAN>&nbsp;</DIV>
<DIV><SPAN class=3D710180418-13062002><FONT face=3DArial color=3D#0000ff =
size=3D2>In=20
every recession and every recovery, the political and economic =
conditions are=20
different from (sometimes more, sometimes less) those that preceded it, =
and our=20
understanding of the underlying causes and effects, and our sentiments =
about the=20
future,&nbsp;are influenced by what we learned from the last cycle. All =
we know=20
for certain, is that the future will be similar to, but different from, =
the=20
past.</FONT></SPAN></DIV>
<DIV><FONT face=3DArial color=3D#0000ff size=3D2></FONT>&nbsp;</DIV>
<DIV><SPAN class=3D710180418-13062002><FONT face=3DArial color=3D#0000ff =
size=3D2>*=20
Peter L Bernsetein "Against the Gods - The Remarkable story of=20
Risk".</FONT></SPAN></DIV>
<DIV><SPAN class=3D710180418-13062002><FONT face=3DArial color=3D#0000ff =

size=3D2></FONT></SPAN>&nbsp;</DIV>
<DIV><FONT face=3DArial size=3D2>Aloha,</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT>&nbsp;</DIV>
<DIV><FONT face=3DArial size=3D2>Mike Gibbons<BR>Proactive Technologies, =

LLC</FONT></DIV>
<DIV><FONT face=3DArial size=3D2><A=20
href=3D"http://www.proactech.com/">http://www.proactech.com</A></FONT></D=
IV>
<BLOCKQUOTE>
  <DIV class=3DOutlookMessageHeader dir=3Dltr align=3Dleft><FONT =
face=3DTahoma=20
  size=3D2>-----Original Message-----<BR><B>From:</B>=20
  owner-canslim@lists.xmission.com=20
  [mailto:owner-canslim@lists.xmission.com]<B>On Behalf Of </B>Hill,=20
  Ernie<BR><B>Sent:</B> Thursday, June 13, 2002 7:00 AM<BR><B>To:</B>=20
  'canslim@lists.xmission.com'<BR><B>Subject:</B> RE: [CANSLIM] "M"=20
  History<BR><BR></FONT></DIV>
  <DIV class=3DSection1>
  <P class=3DMsoPlainText><FONT face=3D"Courier New" size=3D2><SPAN=20
  style=3D"FONT-SIZE: 10pt">I don't have a resource to contribute at =
this time=20
  but, I have seen two interviews lately on CNBC one with Art Cashin (an =

  "experienced" floor trader) and the other with Warren Buffet. Both of =
these=20
  men made reference to a 17.6 year cycle and point out that the major =
bull=20
  market that ended in 2000 began in 1983.<o:p></o:p></SPAN></FONT></P>
  <P class=3DMsoPlainText><FONT face=3D"Courier New" size=3D2><SPAN=20
  style=3D"FONT-SIZE: 10pt"><o:p>&nbsp;</o:p></SPAN></FONT></P>
  <P class=3DMsoPlainText><FONT face=3D"Courier New" size=3D2><SPAN=20
  style=3D"FONT-SIZE: 10pt">They both expect the next 17.6 years to be =
lean by=20
  comparison. Mr. buffet even went on to talk about how the market has =
performed=20
  all the way back to 1929, and pointed out the influence of this cycle =
and how=20
  the market was affected by it despite how the economy was=20
  performing.<o:p></o:p></SPAN></FONT></P>
  <P class=3DMsoPlainText><FONT face=3D"Courier New" size=3D2><SPAN=20
  style=3D"FONT-SIZE: 10pt"><o:p>&nbsp;</o:p></SPAN></FONT></P>
  <P class=3DMsoPlainText><FONT face=3D"Courier New" size=3D2><SPAN=20
  style=3D"FONT-SIZE: 10pt">Unfortunately I did not have my full =
attention focused=20
  on either interview so I missed much of what was said about specific =
time=20
  periods and how the market related to the economy during those time=20
  periods.<o:p></o:p></SPAN></FONT></P>
  <P class=3DMsoPlainText><FONT face=3D"Courier New" size=3D2><SPAN=20
  style=3D"FONT-SIZE: 10pt"><o:p>&nbsp;</o:p></SPAN></FONT></P>
  <P class=3DMsoPlainText><FONT face=3D"Courier New" size=3D2><SPAN=20
  style=3D"FONT-SIZE: 10pt">However, what I did hear did not sound very=20
  encouraging for the next 15 years!<o:p></o:p></SPAN></FONT></P>
  <P class=3DMsoPlainText><FONT face=3D"Courier New" size=3D2><SPAN=20
  style=3D"FONT-SIZE: 10pt"><o:p>&nbsp;</o:p></SPAN></FONT></P>
  <P class=3DMsoPlainText><FONT face=3D"Courier New" size=3D2><SPAN=20
  style=3D"FONT-SIZE: 10pt">E <o:p></o:p></SPAN></FONT></P>
  <P class=3DMsoPlainText><FONT face=3D"Courier New" size=3D2><SPAN=20
  style=3D"FONT-SIZE: 10pt"><o:p>&nbsp;</o:p></SPAN></FONT></P>
  <P class=3DMsoPlainText><FONT face=3D"Courier New" size=3D2><SPAN=20
  style=3D"FONT-SIZE: 10pt">-----Original Message-----<BR>From: Kelly =
Short=20
  [mailto:kelly.short@neoris.com] <BR>Sent: Thursday, June 13, 2002 =
10:46=20
  AM<BR>To: canslim@lists.xmission.com<BR>Subject: [CANSLIM] "M"=20
  History<o:p></o:p></SPAN></FONT></P>
  <P class=3DMsoPlainText><FONT face=3D"Courier New" size=3D2><SPAN=20
  style=3D"FONT-SIZE: 10pt"><o:p>&nbsp;</o:p></SPAN></FONT></P>
  <P class=3DMsoPlainText><FONT face=3D"Courier New" size=3D2><SPAN=20
  style=3D"FONT-SIZE: 10pt">Since "M" is not being nice- I have focused =
my=20
  attention in the short-term on "M's" history over the past 100 - 150 =
years to=20
  try to better understand what makes this machine tick. I have found a =
couple=20
  of resources that cover this topic, provide timelines, etc. but would=20
  appreciate any known quality resources the group has used in the past =
for such=20
  purposes. <o:p></o:p></SPAN></FONT></P>
  <P class=3DMsoPlainText><FONT face=3D"Courier New" size=3D2><SPAN=20
  style=3D"FONT-SIZE: 10pt"><o:p>&nbsp;</o:p></SPAN></FONT></P>
  <P class=3DMsoPlainText><FONT face=3D"Courier New" size=3D2><SPAN=20
  style=3D"FONT-SIZE: 10pt">Kelly Short<o:p></o:p></SPAN></FONT></P>
  <P class=3DMsoPlainText><FONT face=3D"Courier New" size=3D2><SPAN=20
  style=3D"FONT-SIZE: 10pt"><o:p>&nbsp;</o:p></SPAN></FONT></P>
  <P class=3DMsoPlainText><FONT face=3D"Courier New" size=3D2><SPAN=20
  style=3D"FONT-SIZE: 10pt">Business Development=20
  Manager<o:p></o:p></SPAN></FONT></P>
  <P class=3DMsoPlainText><FONT face=3D"Courier New" size=3D2><SPAN=20
  style=3D"FONT-SIZE: 10pt">Neoris, Inc.<o:p></o:p></SPAN></FONT></P>
  <P class=3DMsoPlainText><FONT face=3D"Courier New" size=3D2><SPAN=20
  style=3D"FONT-SIZE: 10pt">(817) 731-0995<o:p></o:p></SPAN></FONT></P>
  <P class=3DMsoPlainText><FONT face=3D"Courier New" size=3D2><SPAN=20
  style=3D"FONT-SIZE: =
10pt">mailto:kelly.short@neoris.com<o:p></o:p></SPAN></FONT></P>
  <P class=3DMsoPlainText><FONT face=3D"Courier New" size=3D2><SPAN=20
  style=3D"FONT-SIZE: =
10pt">http://www.neoris.com<o:p></o:p></SPAN></FONT></P>
  <P class=3DMsoPlainText><FONT face=3D"Courier New" size=3D2><SPAN=20
  style=3D"FONT-SIZE: 10pt"><o:p>&nbsp;</o:p></SPAN></FONT></P>
  <P class=3DMsoPlainText><FONT face=3D"Courier New" size=3D2><SPAN=20
  style=3D"FONT-SIZE: 10pt"><o:p>&nbsp;</o:p></SPAN></FONT></P>
  <P class=3DMsoPlainText><FONT face=3D"Courier New" size=3D2><SPAN=20
  style=3D"FONT-SIZE: 10pt">-<o:p></o:p></SPAN></FONT></P>
  <P class=3DMsoPlainText><FONT face=3D"Courier New" size=3D2><SPAN=20
  style=3D"FONT-SIZE: 10pt">-To subscribe/unsubscribe, email=20
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  style=3D"FONT-SIZE: 10pt">-In the email body, write "subscribe =
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size=3D3><BR><BR>********************************************************=
**********<BR>This=20
  email and any files transmitted with it from the ElPaso =
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