Re: [CANSLIM] Subject "M"


From: "Dan Forant" <dforant1@nycap.rr.com>
Subject: Re: [CANSLIM] Subject "M"
Date: Fri, 14 Jun 2002 21:19:08 -0400

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I'll stick to my prediction, no bottom till fall. That's providing the =
crooks are gone and terrorism calms down. This market is a shorter =
paradise.

DanF
  ----- Original Message -----=20
  From: Fred Richards=20
  To: canslim@lists.xmission.com=20
  Sent: Friday, June 14, 2002 3:09 PM
  Subject: [CANSLIM] Subject "M"


  The "market" or "momentum" is dependent upon many factors.  Perhaps, =
one of the major ones for an upward trending market is whether the big =
boys are growing.

  Thus, the Accumulate/Distribution rating contained in the IBD shows =
that trend.  Since this market rally topped in April, the number of A =
rated stocks using the Acc/Dis rating has fallen by over 50% indicating =
that the large institutions are having difficulty in finding what they =
perceive to be quality stocks.

  We have updated the the Acc/Dist charts on the website and you can =
access them at:

  http://www.adrich.com/SI/Info/A's.htm

  Some people think that we are near a bottom, but the percentage of =
A+B's do not confirm that a bottom is here.


  Fred Richards

  Corruptisima republica plurimae leges.  [The more corrupt a republic, =
the more laws.]  - - Tacitus, Annuals III 27

  www.adrich.com


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<DIV><FONT face=3DArial size=3D2>I'll stick to my prediction, no bottom =
till fall.=20
That's providing the crooks are gone and terrorism calms down. This =
market is a=20
shorter paradise.</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT>&nbsp;</DIV>
<DIV><FONT face=3DArial size=3D2>DanF</FONT></DIV>
<BLOCKQUOTE dir=3Dltr=20
style=3D"PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; =
BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
  <DIV style=3D"FONT: 10pt arial">----- Original Message ----- </DIV>
  <DIV=20
  style=3D"BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: =
black"><B>From:</B>=20
  <A title=3Dffradrich@attbi.com =
href=3D"mailto:ffradrich@attbi.com">Fred=20
  Richards</A> </DIV>
  <DIV style=3D"FONT: 10pt arial"><B>To:</B> <A =
title=3Dcanslim@lists.xmission.com=20
  =
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
 </DIV>
  <DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Friday, June 14, 2002 =
3:09 PM</DIV>
  <DIV style=3D"FONT: 10pt arial"><B>Subject:</B> [CANSLIM] Subject =
"M"</DIV>
  <DIV><BR></DIV>
  <DIV><FONT face=3DArial size=3D2><SPAN class=3D440340319-14062002>The =
"market" or=20
  "momentum" is dependent upon many factors.&nbsp; Perhaps, one of the =
major=20
  ones for an upward trending market is whether the big boys are=20
  growing.</SPAN></FONT></DIV>
  <DIV><FONT face=3DArial size=3D2><SPAN=20
  class=3D440340319-14062002></SPAN></FONT>&nbsp;</DIV>
  <DIV><FONT face=3DArial size=3D2><SPAN =
class=3D440340319-14062002>Thus, the=20
  Accumulate/Distribution rating contained in the IBD shows that =
trend.&nbsp;=20
  Since this market rally topped in April, the number of A rated stocks =
using=20
  the Acc/Dis rating has fallen by over 50% indicating that the large=20
  institutions are having difficulty in finding what they perceive to be =
quality=20
  stocks.</SPAN></FONT></DIV>
  <DIV><FONT face=3DArial size=3D2><SPAN=20
  class=3D440340319-14062002></SPAN></FONT>&nbsp;</DIV>
  <DIV><FONT face=3DArial size=3D2><SPAN class=3D440340319-14062002>We =
have updated=20
  the the Acc/Dist charts on the website and you can access them=20
  at:</SPAN></FONT></DIV>
  <DIV><FONT face=3DArial size=3D2><SPAN=20
  class=3D440340319-14062002></SPAN></FONT>&nbsp;</DIV>
  <DIV><FONT face=3DArial size=3D2><SPAN class=3D440340319-14062002><A=20
  =
href=3D"http://www.adrich.com/SI/Info/A's.htm">http://www.adrich.com/SI/I=
nfo/A's.htm</A></SPAN></FONT></DIV>
  <DIV><FONT face=3DArial size=3D2><SPAN=20
  class=3D440340319-14062002></SPAN></FONT>&nbsp;</DIV>
  <DIV><FONT face=3DArial size=3D2><SPAN class=3D440340319-14062002>Some =
people think=20
  that we are near a bottom, but the percentage of A+B's do not confirm =
that a=20
  bottom is here.</SPAN></FONT></DIV>
  <DIV><FONT face=3DArial size=3D2><SPAN=20
  class=3D440340319-14062002></SPAN></FONT>&nbsp;</DIV>
  <DIV><FONT face=3DArial size=3D2><SPAN=20
  class=3D440340319-14062002></SPAN></FONT>&nbsp;</DIV>
  <DIV><FONT face=3DArial size=3D2>Fred Richards</FONT></DIV>
  <DIV>&nbsp;</DIV>
  <DIV><FONT face=3DArial size=3D2>Corruptisima republica plurimae =
leges.&nbsp; [The=20
  more corrupt a republic, the more laws.]&nbsp; - - Tacitus, Annuals =
III=20
  27</FONT></DIV>
  <DIV>&nbsp;</DIV>
  <DIV><FONT face=3DArial size=3D2><A=20
  href=3D"http://www.adrich.com/">www.adrich.com</A></FONT></DIV>
  <DIV>&nbsp;</DIV></BLOCKQUOTE></BODY></HTML>

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