Re: [CANSLIM] Intro

From: Chazmoore@aol.com
Subject: Re: [CANSLIM] Intro
Date: Sun, 4 Aug 2002 16:46:01 EDT

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Hi Bill: Welcome to the group. With your background as a technical analyst, I
for one am looking forward to your input and guidance. CANSLIM is an
excellent methodology for approaching stock selection, or at least I think
so. As you are probably aware the W. O'Neil technical method depends heavily
upon the cup/handle formation, and while I agree that it is powerful when you
can catch the breakout at just the right time, I have been searching for more
background information. I just purchased a book on Point & Figure charting to
help me identify points of resistance and support. It seems to me this will
compliment the CANSLIM method.

One good thing about this rotten market, it give you time to study without
risking capital. You can't lose if you stay in cash.

I hope things turn around for you, and I am sure they will.

Charley

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<HTML>Hi Bill: Welcome to the group. With your background as a technical analyst, I for one am looking forward to your input and guidance. CANSLIM is an excellent methodology for approaching stock selection, or at least I think so. As you are probably aware the W. O'Neil technical method depends heavily upon the cup/handle formation, and while I agree that it is powerful when you can catch the breakout at just the right time, I have been searching for more background information. I just purchased a book on Point &amp; Figure charting to help me identify points of resistance and support. It seems to me this will compliment the CANSLIM method.
 
 One good thing about this rotten market, it give you time to study without risking capital. You can't lose if you stay in cash.
 
 I hope things turn around for you, and I am sure they will.
 
 Charley</HTML>

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