Re: [CANSLIM] Identifying NEW leaders


From: Chazmoore@aol.com
Subject: Re: [CANSLIM] Identifying NEW leaders
Date: Wed, 7 Aug 2002 18:45:57 EDT

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Winston and others.
I am always willing to share whatever knowledge I have with anyone willing to 
learn. (It is my experience that the teacher always learns more than the 
student.) Some five years ago I urged our investment club to create a 
prospect list and assign companies to members for evaluation. It sounds good, 
but it just doesn't work. The basic problem is that companies rise and fall 
too rapidly. It is particularly difficult in a bear market. In a good bull 
market you can do pretty good with a dart and a page from the stock listings.
Personally, I rather like looking at stocks brought up by the group randomly. 
Usually it is a stock I have not seen, or have brushed over while scanning. 
For my own list I download it weekly from DGO.

Charley

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<HTML><FONT FACE=arial,helvetica><FONT  SIZE=2>Winston and others.
<BR>I am always willing to share whatever knowledge I have with anyone willing to learn. (It is my experience that the teacher always learns more than the student.) Some five years ago I urged our investment club to create a prospect list and assign companies to members for evaluation. It sounds good, but it just doesn't work. The basic problem is that companies rise and fall too rapidly. It is particularly difficult in a bear market. In a good bull market you can do pretty good with a dart and a page from the stock listings.
<BR>Personally, I rather like looking at stocks brought up by the group randomly. Usually it is a stock I have not seen, or have brushed over while scanning. For my own list I download it weekly from DGO.
<BR>
<BR>Charley</FONT></HTML>

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