Re: [CANSLIM] FTD Question

From: Spencer48@aol.com
Subject: Re: [CANSLIM] FTD Question
Date: Thu, 27 Jun 2002 16:21:02 EDT

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Jon:

     Katherine makes a vital-and often overlooked point.  All bulls have 
FTDs, but not all FTDs lead to bulls.  Thus, leading stockS in bases about to 
BO are the clues-I believe-that the FTD is likely to lead to a bull.   

     Moreover, WON says that once the FTDs confim that the bull is beginning 
its rampage, then many leading stocks still need about 2-3 weeks to finish 
their base before they can validate the bull by BO themselves. 

jans

In a message dated 6/27/2002 9:47:13 AM Eastern Daylight Time, 
kmalm@earthlink.net writes:

<< Hi Jon,
 
 A rally and/or FTD* by itself doesn't mean all that much. You still need 
evidence that strong stocks are breaking out of sound bases. There'll be 
plenty of time to purchase good quality stocks if this is "the real thing." 
Patience, readiness and following your investing rules are the most critical 
tasks right now.
 
 Katherine >>

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