Go to Jeff Salisbury LWGate Home Page.From: "Rocky Sanghvi" <rs@mylodestar.com>
Subject: RE: [CANSLIM] Volume
Date: Mon, 1 Jul 2002 17:18:54 -0400
Previous Article (by Date): RE: [CANSLIM] Earnings Confidence "inderjit"
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This is a multi-part message in MIME format. - ------=_NextPart_000_0043_01C22123.60530260 Content-Type: text/plain; charset="Windows-1252" Content-Transfer-Encoding: 7bit Take away Worldcom and the nasdaq volume today was just .8 B shares? Isnt that low for a 4% drubbing? Same with the NYSE - Volume was 1.4B for a loss of 139 points. Just as we had runaway topping structures forming Jan - Mar 2000 can we be seeing the exact opposite happening? Now if we get a "reverse churn" - high volume - no action - would that be considered +ve? Signed, Yours sadly, The Eternal Optimist. - ------=_NextPart_000_0043_01C22123.60530260 Content-Type: text/html; charset="Windows-1252" Content-Transfer-Encoding: quoted-printable <!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> <HTML><HEAD> <META http-equiv=3DContent-Type content=3D"text/html; = charset=3Dwindows-1252"> <META content=3D"MSHTML 6.00.2716.2200" name=3DGENERATOR> <STYLE></STYLE> </HEAD> <BODY bgColor=3D#ffffff> <DIV><FONT face=3DTahoma size=3D2><SPAN class=3D873581121-01072002>Take = away Worldcom=20 and the nasdaq volume today was just .8 B shares? Isnt that = low for=20 a 4% drubbing? Same with the NYSE - Volume was 1.4B for a loss of = 139=20 points. </SPAN></FONT></DIV> <DIV><FONT face=3DTahoma size=3D2><SPAN class=3D873581121-01072002>Just = as we had=20 runaway topping structures forming Jan - Mar 2000 can we be seeing the = exact=20 opposite happening? Now if we get a "reverse churn" - high volume = - - no=20 action - would that be considered +ve? </SPAN></FONT></DIV> <DIV><FONT face=3DTahoma size=3D2><SPAN=20 class=3D873581121-01072002></SPAN></FONT> </DIV> <DIV><FONT face=3DTahoma size=3D2><SPAN=20 class=3D873581121-01072002>Signed,</SPAN></FONT></DIV> <DIV><FONT face=3DTahoma size=3D2><SPAN=20 class=3D873581121-01072002></SPAN></FONT> </DIV> <DIV><FONT face=3DTahoma size=3D2><SPAN class=3D873581121-01072002>Yours = sadly,</SPAN></FONT></DIV> <DIV><FONT face=3DTahoma size=3D2><SPAN class=3D873581121-01072002>The = Eternal=20 Optimist. </SPAN></FONT></DIV></BODY></HTML> - ------=_NextPart_000_0043_01C22123.60530260-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email.
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