Re: [CANSLIM] Market trend

From: "Dan Forant" <dforant1@nycap.rr.com>
Subject: Re: [CANSLIM] Market trend
Date: Sat, 3 Aug 2002 19:43:57 -0400

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This market is more effected by bad earnings and p/e's. The bubble burst a
long time ago. It's just going to take more quarters to swing the market.
Notice the newly handcuffed Wall Street perpetrators that didn't rally the
market recently like the first arrests. I never bought into that. The real
culprits are, p/e's, and earnings along with the 9/11 disaster that broke
the camels back. Some say stocks are cheap. Yeah, tech's, try em.

DanF

- ----- Original Message -----
From: "Kent Norman" <kent_norman@yahoo.com>
To: <canslim@lists.xmission.com>
Sent: Saturday, August 03, 2002 3:03 PM
Subject: Re: [CANSLIM] Market trend


> Gary I can't speak for anyone but myself. I know that I am tired of all
> the scandal, terrorism, etc. Perhaps others are too. There comes a
> point when more of the same old news is no longer impressive. Hopefully
> others in the market are indicating the same. A good market will shrug
> off bad news. I'm not saying it will start going up, just this batch of
> news is old and worn out.
>
> Regards
> Kent Norman
>
> --- "Gary A. Snyder" <gas175k@hotmail.com> wrote:
> > All:
> > I look at Market trend at MSN provided by Camelback Research
> > Alliance, Inc.
>
> <snip>
>
> > Question: Have we seen a major trend reversal in the market this
> > week? Can
> > all the problems with Accounting, Terrorism, Overvaluations, Double
> > dip
> > recession and the Possibility Consumer spending slowing be ignored by
> > the
> > market for more than a week or two? Gary
>
>
> =====
> Opportunities always look bigger going than coming.
>
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