Go to Jeff Salisbury LWGate Home Page.From: "Ira Post" <ip108@yahoo.com>
Subject: Re: [CANSLIM] M - How low will it go.
Date: Sun, 21 Jul 2002 04:02:04 -0400
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Winston,
Maybe what we need is a kind of reverse CANSLIM to help us take =
advantage of the bear markets. Some basic principals to identify =
falling stocks - both fundamentally and technically as CANSLIM does so =
well with rising stocks.
Ira
----- Original Message -----=20
From: Winston Little=20
To: canslim@lists.xmission.com=20
Sent: Saturday, July 20, 2002 2:00 PM
Subject: Re: [CANSLIM] M - How low will it go.
Ira P:
1) Looking through history:
1902 - 1921=3D19 years =3D bear market (active trading required)
1921 - 1929 =3D 08 years =3D bull market (buy and hold, CANSLIM is =
ideal)
1929 - 1949 =3D 20 =3D bear market, depression (active trading =
required)
1949 - 1966 =3D 17 =3D bull market ( buy and hold, CANSLIM is ideal)
1966 - 1982 =3D 16 years =3D bear market ( active trading required) =
=20
1982-1999 =3D 17 years =3Dbull market ( buy and hold, CANSLIM is =
ideal)
2000-present =3D 2++++ years =3D bear market (active trading =
required)
2) How low will it go and how long will it take?
It COULD be a long wait, then again it could only be a few more days.
3) However, looking at history again, September is usually one of the =
worst months, and October tends to be one of the most turbulent in each =
year, as the bright boys and girls who run Mutual Funds try to dress the =
portfolios to show that they hold no losers.... someone else must have =
taken the money! It is not the manager's fault!
4) Just follow the advice of Marty Zweig: "don't fight the feds, =
don't fight the tape"!
Just go with the sector rotation and keep trading ACTIVELY!
----- Original Message -----=20
From: Ira Post=20
To: canslim@lists.xmission.com=20
Sent: Saturday, July 20, 2002 5:21 AM
Subject: [CANSLIM] M - How low will it go.
I've been sitting out of the market and this discussion list because =
I don't think these market conditions are suitable for Canslim. But I'm =
ready to get back into it once the market turns around.
My question is how much longer before the market turns and how low =
will it get? I'd like to hear alot of different opinons and people's =
reasons. It may do us all some good.
Ira
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<DIV><FONT face=3DArial size=3D2>Winston,</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT> </DIV>
<DIV><FONT face=3DArial size=3D2>Maybe what we need is a kind of reverse =
CANSLIM to=20
help us take advantage of the bear markets. Some basic principals =
to=20
identify falling stocks - both fundamentally and technically as CANSLIM =
does so=20
well with rising stocks.</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT> </DIV>
<DIV><FONT face=3DArial size=3D2>Ira</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT> </DIV>
<DIV><FONT face=3DArial size=3D2></FONT> </DIV>
<BLOCKQUOTE dir=3Dltr=20
style=3D"PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; =
BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
<DIV style=3D"FONT: 10pt arial">----- Original Message ----- </DIV>
<DIV=20
style=3D"BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: =
black"><B>From:</B>=20
<A title=3Dwlittle1@peoplepc.com =
href=3D"mailto:wlittle1@peoplepc.com">Winston=20
Little</A> </DIV>
<DIV style=3D"FONT: 10pt arial"><B>To:</B> <A =
title=3Dcanslim@lists.xmission.com=20
=
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
</DIV>
<DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Saturday, July 20, 2002 =
2:00=20
PM</DIV>
<DIV style=3D"FONT: 10pt arial"><B>Subject:</B> Re: [CANSLIM] M - How =
low will=20
it go.</DIV>
<DIV><BR></DIV>
<DIV><FONT size=3D2>Ira P:</FONT></DIV>
<DIV><FONT size=3D2></FONT> </DIV>
<DIV><FONT size=3D2>1) Looking through history:</FONT></DIV>
<DIV><FONT size=3D2>1902 - 1921=3D19 years =3D bear market =
(active trading=20
required)</FONT></DIV>
<DIV><FONT size=3D2>1921 - 1929 =3D 08 years =3D bull market =
(buy and hold,=20
CANSLIM is ideal)</FONT></DIV>
<DIV><FONT size=3D2>1929 - 1949 =3D 20 =3D bear market, depression =
(active trading=20
required)</FONT></DIV>
<DIV><FONT size=3D2>1949 - 1966 =3D 17 =3D bull market ( buy and hold, =
CANSLIM is=20
ideal)</FONT></DIV>
<DIV><FONT size=3D2>1966 - 1982 =3D 16 years =3D bear market ( =
active=20
trading required) </FONT></DIV>
<DIV><FONT size=3D2>1982-1999 =3D 17 years =3Dbull market ( buy and =
hold, CANSLIM is=20
ideal)</FONT></DIV>
<DIV><FONT size=3D2>2000-present =3D 2++++ years =3D bear =
market (active=20
trading required)</FONT></DIV>
<DIV><FONT size=3D2></FONT> </DIV>
<DIV><FONT size=3D2>2) How low will it go and how long will it=20
take?</FONT></DIV>
<DIV><FONT size=3D2>It COULD be a long wait, then again it could =
only be a=20
few more days.</FONT></DIV>
<DIV>
<DIV><FONT size=3D2></FONT> </DIV></DIV>
<DIV><FONT size=3D2></FONT> </DIV>
<DIV><FONT size=3D2>3) However, looking at history again, =
September is=20
usually one of the worst months, and October tends to be one of the =
most=20
turbulent in each year, as the bright boys and girls who run Mutual =
Funds try=20
to dress the portfolios to show that they hold no losers.... someone =
else must=20
have taken the money! It is not the manager's fault!</FONT></DIV>
<DIV><FONT size=3D2></FONT> </DIV>
<DIV>
<DIV><FONT size=3D2>4) Just follow the advice of Marty Zweig: =
"don't fight=20
the feds, don't fight the tape"!</FONT></DIV>
<DIV><FONT size=3D2>Just go with the sector rotation and keep =
trading =20
ACTIVELY!</FONT></DIV></DIV>
<BLOCKQUOTE dir=3Dltr=20
style=3D"PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; =
BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
<DIV style=3D"FONT: 10pt arial">----- Original Message ----- </DIV>
<DIV=20
style=3D"BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: =
black"><B>From:</B>=20
<A title=3Dip108@yahoo.com href=3D"mailto:ip108@yahoo.com">Ira =
Post</A> </DIV>
<DIV style=3D"FONT: 10pt arial"><B>To:</B> <A =
title=3Dcanslim@lists.xmission.com=20
=
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
=20
</DIV>
<DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Saturday, July 20, 2002 =
5:21=20
AM</DIV>
<DIV style=3D"FONT: 10pt arial"><B>Subject:</B> [CANSLIM] M - How =
low will it=20
go.</DIV>
<DIV><BR></DIV>
<DIV><FONT face=3DArial size=3D2>I've been sitting out of the market =
and this=20
discussion list because I don't think these market conditions are =
suitable=20
for Canslim. But I'm ready to get back into it once the market =
turns=20
around.</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT> </DIV>
<DIV><FONT face=3DArial size=3D2>My question is how much longer =
before the=20
market turns and how low will it get? I'd like to hear alot of =
different opinons and people's reasons. It may do us all some=20
good.</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT> </DIV>
<DIV><FONT face=3DArial size=3D2>Ira</FONT></DIV>
<DIV> </DIV>
<DIV><FONT face=3DArial size=3D2><BR>---<BR>Outgoing mail is =
certified Virus=20
Free.<BR>Checked by AVG anti-virus system (<A=20
=
href=3D"http://www.grisoft.com">http://www.grisoft.com</A>).<BR>Version: =
6.0.377 / Virus Database: 211 - Release Date:=20
7/15/02</FONT></DIV></BLOCKQUOTE></BLOCKQUOTE></BODY></HTML>
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