Re: [CANSLIM] M


From: "Ira Post" <ip108@yahoo.com>
Subject: Re: [CANSLIM] M
Date: Wed, 31 Jul 2002 04:56:07 -0400

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The rest of this week is crucial for the 'm' in CANSLIM.  Looking at a =
chart for the S & P or a chart for the Dow over the last three months


you can see a trend line that needs to be broken for the rally to =
continue.  If it is broken and the market closes significantly higher, =
my feeling is the market will soar.  If not, we can only hope.  This =
morning at 8:30 the new GDP report for the 2nd quarter will come out.  =
If it's good, that could be the factor that the market needs to break =
through the downward trend line and propel the market upward.
Ira
  ----- Original Message -----=20
  From: Katherine Malm=20
  To: canslim@lists.xmission.com=20
  Sent: Tuesday, July 30, 2002 10:23 AM
  Subject: Re: [CANSLIM] M


  I don't mind folks around me acting stupid...as long as I'm not =
infected!

  You're right, though, Dan..... more than ever, now's the time to keep =
our wits about us.

  Katherine
    ----- Original Message -----=20
    From: Dan Forant=20
    To: canslim@lists.xmission.com=20
    Sent: Tuesday, July 30, 2002 9:01 AM
    Subject: Re: [CANSLIM] M


    Concerning the market,  *the only thing to fear is stupidity*

    DanF
      ----- Original Message -----=20
      From: Donald Wallker=20
      To: canslim@lists.xmission.com=20
      Sent: Tuesday, July 30, 2002 9:04 AM
      Subject: [CANSLIM] M


      My gut belief is that the best thing that may have happened in the =
last couple of days is that the the general investing public - =
- -whomsoever they may be ---may have had a change in sentiment due to the =
market  upswing, as a consequence of which the Funds may not have to =
sell out as many positions as they've recently had to to meet redemption =
needs.  Insofar as the market is concerned,  Winston  Churchill's  words =
may well be applicable. "We have nothing to fear but fear itself"  I =
hope my quote is accurate, although admittedly applied to different =
subject matter than intended by Churchill.  If the last couple of days =
have managed to curtail some of the panic selling that has been going =
on, I , for one, am very gratetful..


      ---
      Outgoing mail is certified Virus Free.
      Checked by AVG anti-virus system (http://www.grisoft.com).
      Version: 6.0.380 / Virus Database: 213 - Release Date: 7/24/02

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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>
<STYLE></STYLE>
</HEAD>
<BODY bgColor=3D#ffffff>
<DIV><FONT face=3DArial size=3D2>The rest of this week is crucial for =
the 'm' in=20
CANSLIM.&nbsp; Looking at a chart for the S &amp; P or a chart for the =
Dow over=20
the last three months</FONT></DIV>
<DIV><IMG height=3D192 alt=3DChart =
src=3D"http://chart.yahoo.com/c/3m/_/_gspc.gif"=20
width=3D512 border=3D0></DIV>
<DIV><FONT face=3DArial size=3D2></FONT>&nbsp;</DIV>
<DIV><FONT face=3DArial size=3D2>you can see a trend line that needs to =
be broken=20
for the rally to continue.&nbsp; If it is broken and the market=20
<U>closes</U>&nbsp;significantly higher, my feeling is the market will=20
soar.&nbsp; If not, we can only hope.&nbsp; This morning at 8:30 the new =
GDP=20
report for the 2nd quarter will come out.&nbsp; If it's good, that could =
be the=20
factor that the market needs to break through the downward trend line =
and propel=20
the market upward.</FONT></DIV>
<DIV><FONT face=3DArial size=3D2>Ira</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=3Dkmalm@earthlink.net =
href=3D"mailto:kmalm@earthlink.net">Katherine=20
  Malm</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> Tuesday, July 30, 2002 =
10:23=20
  AM</DIV>
  <DIV style=3D"FONT: 10pt arial"><B>Subject:</B> Re: [CANSLIM] M</DIV>
  <DIV><BR></DIV>
  <DIV>I don't mind folks around me acting stupid...as long as I'm not=20
  infected!</DIV>
  <DIV>&nbsp;</DIV>
  <DIV>You're right, though, Dan..... more than ever, now's the time to =
keep our=20
  wits about us.</DIV>
  <DIV>&nbsp;</DIV>
  <DIV>Katherine</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=3Ddforant1@nycap.rr.com =
href=3D"mailto:dforant1@nycap.rr.com">Dan=20
    Forant</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> Tuesday, July 30, 2002 =
9:01=20
    AM</DIV>
    <DIV style=3D"FONT: 10pt arial"><B>Subject:</B> Re: [CANSLIM] =
M</DIV>
    <DIV><BR></DIV>
    <DIV><FONT face=3DArial size=3D2>Concerning the =
market,&nbsp;&nbsp;*the only=20
    thing to fear is stupidity*</FONT></DIV>
    <DIV><FONT face=3DArial size=3D2></FONT>&nbsp;</DIV>
    <DIV><FONT face=3DArial size=3D2>DanF</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=3Ddougald@dmv.com href=3D"mailto:dougald@dmv.com">Donald =
Wallker</A>=20
      </DIV>
      <DIV style=3D"FONT: 10pt arial"><B>To:</B> <A=20
      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> Tuesday, July 30, =
2002 9:04=20
      AM</DIV>
      <DIV style=3D"FONT: 10pt arial"><B>Subject:</B> [CANSLIM] M</DIV>
      <DIV><BR></DIV>
      <DIV><FONT face=3DArial size=3D2>My gut belief is that the best =
thing that may=20
      have happened in the last couple of days is that the the general =
investing=20
      public - -whomsoever they may be ---may have had a change in =
sentiment due=20
      to the market&nbsp; upswing, as a consequence of which the Funds =
may not=20
      have to sell out as many positions as they've recently had to to =
meet=20
      redemption needs.&nbsp; Insofar as the market is concerned,&nbsp; =
Winston=20
      &nbsp;Churchill's&nbsp; words may well be applicable. "We have =
nothing to=20
      fear but fear itself"&nbsp; I hope my quote is accurate, although=20
      admittedly applied to different subject matter than intended by =
Churchill.=20
      &nbsp;If the last couple of days have managed to curtail some of =
the panic=20
      selling that has been going on, I , for one, am very=20
      gratetful..</FONT></DIV>
      <DIV>&nbsp;</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: =

      6.0.380 / Virus Database: 213 - Release Date:=20
    =
7/24/02</FONT></DIV></BLOCKQUOTE></BLOCKQUOTE></BLOCKQUOTE></BODY></HTML>=


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