Re: [CANSLIM] M update

From: "J. Lobatto" <jlobatto@nyc.rr.com>
Subject: Re: [CANSLIM] M update
Date: Wed, 10 Jul 2002 23:52:19 -0400

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FWIW, I think everyone is waiting for a nice 3 day rally to short the market
which is precisely why it's not obliging.

- ----- Original Message -----
From: "Patrick Wahl" <pjwahl@attbi.com>
To: <canslim@lists.xmission.com>
Sent: Wednesday, July 10, 2002 11:47 PM
Subject: RE: [CANSLIM] M update


> Dave Landry concurs with you on this one, the Vix is getting up there,
stuff is pretty
> oversold, but of course a bounce in this market is probably better for
setting up a
> few shorts than going long.  Chart of the Vix and a few comments at this
link.
>
> http://www.hardrightedge.com/ideas.htm
>
> On 10 Jul 2002 at 20:33, Hill, Ernie wrote:
>
> > Well today certainly did not begin a rally. However, the odds have
shifted
> > to very good that we will get a two to three day Rally back up to the
> > 983-985 level. This rebound should terminate on 7-12 or 7-15 after this
> > short term rally expect another precipitous decline.
>
>
>
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