Re: [CANSLIM] Market trend

From: "zillagirl" <zillagirl@email.msn.com>
Subject: Re: [CANSLIM] Market trend
Date: Mon, 5 Aug 2002 05:49:05 -0700

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Thanks for that info-I understand that part of the wording says "to the best
of my knowledge" so unless someone points a finger, it might be hard to
catch.
- ----- Original Message -----
From: "Tom Worley" <stkguru@bellsouth.net>
To: <canslim@lists.xmission.com>
Sent: Monday, August 05, 2002 6:43 PM
Subject: Re: [CANSLIM] Market trend


> in reviewing Reuters headlines this morning, I noticed that the SEC is now
> posting on their website the lists of companies that have complied (at
least
> technically) with the certification requirement. Of course, doesn't mean
> their financial report was honest or accurate, just that the CEO and CFO
> certified it as such.
>
> ----- Original Message -----
> From: <Spencer48@aol.com>
> To: <canslim@lists.xmission.com>
> Sent: Monday, August 05, 2002 11:32 AM
> Subject: Re: [CANSLIM] Market trend
>
>
> Dan:
>
>      I think institutions and retail buyers are not buying because they
> don't know how much corruption of books there is.  Many say that the
> percentage of companies with fraudulent books is relatively small.  But so
> what.  One don't know which company is engaging in fradulent accounting
and
> which isn't.
>
>      I agree with you that seeing CFOs and CEOs in handcuffs isn't going
to
> significantly contribute to investor confidence.  However, what it does do
> (I believe) is deter other CEOs and CFOs from moving over to the dark
side.
> That's why televising the Wall Street honchos is important.
>
>      Once investors see that the government is serious in enforcing the
laws
> against fraudulent accounting, the market will be favorably affectd.
>
>                               jans
>
>
> In a message dated Sat, 3 Aug 2002 6:43:57 PM Eastern Standard Time,
> dforant1@nycap.rr.com writes:
>
> > 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.
>
>
>
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