Re: [CANSLIM] sweet chart

From: "Patrick Wahl" <pjwahl@attbi.com>
Subject: Re: [CANSLIM] sweet chart
Date: Wed, 10 Jul 2002 21:47:52 -0600

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I see a few charts holding up (adult education type stuff like COCO) and a few 
retailers, but these don't seem like industries that produce market leaders (I guess a 
few retailers in the past have been leaders, like WMT and HD), so I'm still not able 
to figure out which industries might produce the next batch of leading stocks.  We 
really had a technology explosion in the nineties, a number of tech sectors grew like 
crazy, but now bunches of them (DELL, MSFT, INTC, etc) seem like mature 
companies that are too large to produce rapid growth, and their respective 
businesses aren't growing as quickly anymore either.  I suppose sooner or later 
some new industries will emerge, it will become clear in about the middle of the 
next bull market.

On 10 Jul 2002 at 21:31, Tom Worley wrote:

> On the other hand, this is an excellent time to be honing our chart reading
> skills, and looking for the ones that are holding up. Chances are that the
> future leaders, whether they emerge this month, year, decade (century??)
> will come from that group.

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