[CANSLIM] Updated Acc/Dis charts available.


From: "Fred Richards" <ffradrich@attbi.com>
Subject: [CANSLIM] Updated Acc/Dis charts available.
Date: Tue, 30 Jul 2002 08:09:18 -0500

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We have posted the updated Acc/Dis charts at:

http://www.adrich.com/SI/Info/A's.htm

While they have moved up since 7-24 from the all-time low for the number of
A's from 106, it should be considered that the last few days are all below
the previous record low set after 9-11.

To me that suggests that the market rally has not found any new leaders yet.

Hence, the follow through day (FTD) in the NASDAQ and S&P 600 of yesterday
may prove to be just another one of the indicators of a bear market rally.


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Fred Richards

Corruptisima republica plurimae leges.  [The more corrupt a republic, the
more laws.]  - - Tacitus, Annuals III 27

www.adrich.com


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<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN">
<HTML><HEAD>
<META http-equiv=3DContent-Type content=3D"text/html; =
charset=3Diso-8859-1">
<META content=3D"MSHTML 6.00.2716.2200" name=3DGENERATOR></HEAD>
<BODY>
<DIV><FONT face=3DArial size=3D2><SPAN class=3D210360513-30072002>We =
have posted the=20
updated Acc/Dis charts at:</SPAN></FONT></DIV>
<DIV><FONT face=3DArial size=3D2><SPAN=20
class=3D210360513-30072002></SPAN></FONT>&nbsp;</DIV>
<DIV><FONT face=3DArial size=3D2><SPAN class=3D210360513-30072002><A=20
href=3D"http://www.adrich.com/SI/Info/A's.htm">http://www.adrich.com/SI/I=
nfo/A's.htm</A></SPAN></FONT></DIV>
<DIV><FONT face=3DArial size=3D2><SPAN=20
class=3D210360513-30072002></SPAN></FONT>&nbsp;</DIV>
<DIV><FONT face=3DArial size=3D2><SPAN class=3D210360513-30072002>While =
they have=20
moved up since 7-24 from the all-time low for the number of A's from =
106, it=20
should be considered that the last few days are all below the previous =
record=20
low set after 9-11.</SPAN></FONT></DIV>
<DIV><FONT face=3DArial size=3D2><SPAN=20
class=3D210360513-30072002></SPAN></FONT>&nbsp;</DIV>
<DIV><FONT face=3DArial size=3D2><SPAN class=3D210360513-30072002>To me =
that suggests=20
that the market rally has not found any new leaders yet.&nbsp;=20
</SPAN></FONT></DIV>
<DIV><FONT face=3DArial size=3D2><SPAN=20
class=3D210360513-30072002></SPAN></FONT>&nbsp;</DIV>
<DIV><FONT face=3DArial size=3D2><SPAN class=3D210360513-30072002>Hence, =
the follow=20
through day (FTD) in the NASDAQ and S&amp;P 600&nbsp;of yesterday may =
prove to=20
be just another one of the indicators of a bear market=20
rally.</SPAN></FONT></DIV>
<DIV><FONT face=3DArial size=3D2><SPAN=20
class=3D210360513-30072002></SPAN></FONT>&nbsp;</DIV>
<DIV><FONT face=3DArial size=3D2><SPAN class=3D210360513-30072002>
<HR>
</SPAN></FONT></DIV>
<DIV><FONT face=3DArial size=3D2>Fred Richards</FONT></DIV>
<DIV>&nbsp;</DIV>
<DIV><FONT face=3DArial size=3D2>Corruptisima republica plurimae =
leges.&nbsp; [The=20
more corrupt a republic, the more laws.]&nbsp; - - Tacitus, Annuals III=20
27</FONT></DIV>
<DIV>&nbsp;</DIV>
<DIV><FONT face=3DArial size=3D2><A=20
href=3D"http://www.adrich.com/">www.adrich.com</A></FONT></DIV>
<DIV>&nbsp;</DIV></BODY></HTML>

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