RE: [CANSLIM] "M" History


From: "Rocky Sanghvi" <rs@mylodestar.com>
Subject: RE: [CANSLIM] "M" History
Date: Thu, 13 Jun 2002 15:03:17 -0400

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It seems that we're destined to repeat history in more ways than one.  We're
reverting back to the classic - show me your real cash flow financial
statements.  And this is causing a great deal of consternation.   Real cash
flow?  You mean like Warren Buffett?  You mean like no stock options / tax
benefits?  What is this world coming to?

Also another factor of concern is the enormity of the housing bubble and the
financial shenigans around mortgages and refinancing.
http://www.prudentbear.com/archive_comm_article.asp?category=Credit+Bubble+B
ulletin&content_idx=12232

Rocky

- -----Original Message-----
From: owner-canslim@lists.xmission.com
[mailto:owner-canslim@lists.xmission.com]On Behalf Of Chazmoore@aol.com
Sent: Thursday, June 13, 2002 2:36 PM
To: canslim@lists.xmission.com
Subject: Re: [CANSLIM] "M" History


Thanks for the "history" quotations Mike. I heard about the 18 year cycle
the other day and it just didn't ring true. For some reason many
commentators ask if we are heading for another crash like 1929. How foolish.
We may have a crash but it won't be like 1929, or any other crash.
I do believe it is instructive to look at historical events, but not because
it lets one predict the future. History tells us how we got here; not where
we are going.

Charley

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<DIV><SPAN class=3D382585218-13062002><FONT face=3DArial color=3D#0000ff =
size=3D2>It=20
seems that we're destined to repeat history in more ways than one.&nbsp; =
We're=20
reverting back to the classic - show me your real cash flow financial=20
statements.&nbsp; And this is causing a great deal of =
consternation.&nbsp;&nbsp;=20
Real cash flow?&nbsp; You mean like Warren Buffett?&nbsp; You mean like =
no stock=20
options / tax benefits?&nbsp; What is this world coming to?&nbsp;=20
</FONT></SPAN></DIV>
<DIV><SPAN class=3D382585218-13062002><FONT face=3DArial color=3D#0000ff =

size=3D2></FONT></SPAN>&nbsp;</DIV>
<DIV><SPAN class=3D382585218-13062002><FONT face=3DArial color=3D#0000ff =
size=3D2>Also=20
another factor of concern is the enormity of the housing bubble and the=20
financial shenigans around mortgages and refinancing.&nbsp; =
</FONT></SPAN></DIV>
<DIV><SPAN class=3D382585218-13062002><FONT face=3DArial color=3D#0000ff =
size=3D2><A=20
href=3D"http://www.prudentbear.com/archive_comm_article.asp?category=3DCr=
edit+Bubble+Bulletin&amp;content_idx=3D12232">http://www.prudentbear.com/=
archive_comm_article.asp?category=3DCredit+Bubble+Bulletin&amp;content_id=
x=3D12232</A></FONT></SPAN></DIV>
<DIV><SPAN class=3D382585218-13062002><FONT face=3DArial color=3D#0000ff =

size=3D2></FONT></SPAN>&nbsp;</DIV>
<DIV><SPAN class=3D382585218-13062002><FONT face=3DArial color=3D#0000ff =

size=3D2>Rocky</FONT></SPAN></DIV>
<DIV><SPAN class=3D382585218-13062002></SPAN>&nbsp;</DIV>
<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 =
[mailto:owner-canslim@lists.xmission.com]<B>On=20
Behalf Of </B>Chazmoore@aol.com<BR><B>Sent:</B> Thursday, June 13, 2002 =
2:36=20
PM<BR><B>To:</B> canslim@lists.xmission.com<BR><B>Subject:</B> Re: =
[CANSLIM] "M"=20
History<BR><BR></FONT></DIV><FONT face=3Darial,helvetica><FONT =
size=3D2>Thanks for=20
the "history" quotations Mike. I heard about the 18 year cycle the other =
day and=20
it just didn't ring true. For some reason many commentators ask if we =
are=20
heading for another crash like 1929. How foolish. We may have a crash =
but it=20
won't be like 1929, or any other crash. <BR>I do believe it is =
instructive to=20
look at historical events, but not because it lets one predict the =
future.=20
History tells us how we got here; not where we are going. =
<BR><BR>Charley</FONT>=20
</FONT></BODY></HTML>

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