Re: [CANSLIM] Re: Retstatement of CANSLIM?

From: Fanus <fanus13@yahoo.com>
Subject: Re: [CANSLIM] Re: Retstatement of CANSLIM?
Date: Wed, 26 Jun 2002 13:54:13 -0700 (PDT)

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So, you are saying throw away the fundamentals and
trade only on the technicals?

There are probably close to 10000 public traded
companies and just because a handful of companies
committed fraud and use creative accounting, does that
mean the other 99% are also just as bad?   This is
like saying because a small fraction of the population
is in prison, this mean all people are criminals.

- - Fanus

- --- Spencer48@aol.com wrote:
> Group:
> 
>      I'm surprised noone has mentioned this yet: 
> But CANSLIM (in particular 
> the 1st 2 letters) is based on fundamentally
> analyzing and accepting that 
> quarterly and annual earnings will be approximately
> 25%. 
> 
>      However, with the accounting scandals going on,
> and big companies like 
> Enron, WorldCom etc., being involved, will CANSLIM
> erode in NSLIM?
> 
> jans
> 
> -
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