[CANSLIM] Re: Just my opinion

From: Spencer48@aol.com
Subject: [CANSLIM] Re: Just my opinion
Date: Mon, 05 Aug 2002 10:15:09 -0400

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Mike and others:

     This is just my opinion, but I believe that there will always be some strong stocks that BO when the market rallies.  But this market is either totally bearish or too volatile to guage; thus, my conclusion is that while stocks may BO, the market will tamp them down. 

     Also, even though a stock is strong, that doesn't mean that it should be bought.  WON says that the Market leads the stock up or down with about a 70-75%influence-ie. a strong stock might very well fall in a weak market. 

     I believe that waiting for industrial market leaders (high industrial ratings in IBD + leading stocks in the industry)will eventually lead one to a winner.  However, one should only analyze stocks now (to see which have potential)rather than investing in them.  

                                    jans


In a message dated Wed, 31 Jul 2002 10:03:00 AM Eastern Standard Time, michael_niemotka@baxter.com writes:

> DCOM is down right now, 3% as of this writing, and it looks like the
> markets are negative...seems like we just can't catch a 
> break!



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