Go to Jeff Salisbury LWGate Home Page.From: "Tom Worley" <stkguru@bellsouth.net>
Subject: Re: [CANSLIM] NVDA
Date: Sun, 11 Aug 2002 08:29:55 -0400
Previous Article (by Subject): RE: [CANSLIM] NVDA "Mike Gibbons"
Top of Thread: [CANSLIM] NVDA Chazmoore@aol.com
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This is a multi-part message in MIME format. - ------=_NextPart_000_0012_01C24111.453B2A30 Content-Type: text/plain; charset="Windows-1252" Content-Transfer-Encoding: quoted-printable Mike, CANSLIM was not designed for swing trading, but certainly many people = use it that way to capture short term profits. But the idea of CANSLIM = is for investing for the mid and long term, as well as to create a = discipline for investing, having a set of rules to stick to for buying, = holding and selling. It is a combination of momentum and fundamentals. Some will give one = more emphasis than the other, it's all in the personal interpretation = (and application) of the data, chart pattern, and rules. - ----- Original Message -----=20 From: Mike Gibbons=20 To: canslim@lists.xmission.com=20 Sent: Sunday, August 11, 2002 5:47 AM Subject: RE: [CANSLIM] NVDA I didn't realize what a pandora's box I was opening , but I'm glad I did = raise the lid on NVDA. What I learned was: a.. an excellent "C" and "A" can be misleading=20 b.. The technicals such as RS, up/down volume, etc were indicators = that there's something rotten in the state of Denmark, despite the = fundamentals Which would appear to confirm that everything you need to know is = already in the tape. Question: is this only true in a bear market? (I'm referring to = Katherine's statement quoted by Charley), and if it's universally true = then can't the lazy one's among us (and I include myself in that = category) simply cheat by swing trading patterns, not CANSLIM = fundamentals? Aloha, Mike Gibbons Proactive Technologies, LLC http://www.proactech.com -----Original Message----- From: owner-canslim@lists.xmission.com = [mailto:owner-canslim@lists.xmission.com]On Behalf Of Chazmoore@aol.com Sent: Saturday, August 10, 2002 5:49 PM To: canslim@lists.xmission.com Subject: [CANSLIM] NVDA A week or so ago, (time passes so fast), Katherine made a statement to = the effect that the technicals are more important than the fundamentals = in a bear market. I have now observed this to be true on numerous recent = occasions, but my first impulse is to look for fundamental excuses for a = falling stock price.=20 Quoting from a book I am reading, "The fundamental work answers the = question what, and the technical side of the equation answers the = question when." , points out how important it is to have all the facts.=20 Thanks for calling my attention to the SEC investigation. It is so = discouraging to learn of these repeated accounting problems. One of = these days I will stop believing in Santa Claus.=20 Charley=20 - ------=_NextPart_000_0012_01C24111.453B2A30 Content-Type: text/html; charset="Windows-1252" Content-Transfer-Encoding: quoted-printable <!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> <HTML><HEAD> <META http-equiv=3DContent-Type content=3D"text/html; = charset=3Dwindows-1252"> <META content=3D"MSHTML 6.00.2716.2200" name=3DGENERATOR> <STYLE></STYLE> </HEAD> <BODY bgColor=3D#ffffff> <DIV><FONT face=3DArial>Mike,</FONT></DIV> <DIV><FONT face=3DArial></FONT> </DIV> <DIV><FONT face=3DArial>CANSLIM was not designed for swing trading, but = certainly=20 many people use it that way to capture short term profits. But the idea = of=20 CANSLIM is for investing for the mid and long term, as well as to create = a=20 discipline for investing, having a set of rules to stick to for buying, = holding=20 and selling.</FONT></DIV> <DIV><FONT face=3DArial></FONT> </DIV> <DIV><FONT face=3DArial>It is a combination of momentum and = fundamentals. Some=20 will give one more emphasis than the other, it's all in the personal=20 interpretation (and application) of the data, chart pattern, and=20 rules.</FONT></DIV> <DIV><FONT face=3DArial></FONT> </DIV> <DIV style=3D"FONT: 10pt arial">----- Original Message -----=20 <DIV style=3D"BACKGROUND: #e4e4e4; font-color: black"><B>From:</B> <A=20 title=3Dmikegibbons@proactech.com = href=3D"mailto:mikegibbons@proactech.com">Mike=20 Gibbons</A> </DIV> <DIV><B>To:</B> <A title=3Dcanslim@lists.xmission.com=20 href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>= </DIV> <DIV><B>Sent:</B> Sunday, August 11, 2002 5:47 AM</DIV> <DIV><B>Subject:</B> RE: [CANSLIM] NVDA</DIV></DIV> <DIV><BR></DIV> <DIV><SPAN class=3D500042409-11082002><FONT face=3DTahoma = color=3D#000080 size=3D2>I=20 didn't realize what a pandora's box I was opening , but I'm glad I did = raise the=20 lid on NVDA.</FONT></SPAN></DIV> <DIV><SPAN class=3D500042409-11082002><FONT face=3DTahoma = color=3D#000080=20 size=3D2></FONT></SPAN> </DIV> <DIV><SPAN class=3D500042409-11082002><FONT face=3DTahoma = color=3D#000080 size=3D2>What=20 I learned was:</FONT></SPAN></DIV> <UL> <LI><SPAN class=3D500042409-11082002><FONT face=3DTahoma = color=3D#000080 size=3D2>an=20 excellent "C" and "A" can be misleading</FONT></SPAN>=20 <LI><SPAN class=3D500042409-11082002></SPAN><FONT face=3DTahoma = color=3D#000080=20 size=3D2><SPAN class=3D500042409-11082002>The technicals such as RS, = up/down=20 volume, etc were indicators that there's something rotten in the state = of=20 Denmark, despite the fundamentals</SPAN></FONT></LI></UL> <DIV><FONT face=3DTahoma color=3D#000080 size=3D2><SPAN = class=3D500042409-11082002>Which=20 would appear to confirm that everything you need to know is already in = the=20 tape.</SPAN></FONT></DIV> <DIV><FONT face=3DTahoma color=3D#000080 size=3D2><SPAN=20 class=3D500042409-11082002></SPAN></FONT> </DIV> <DIV><FONT face=3DTahoma color=3D#000080 size=3D2><SPAN=20 class=3D500042409-11082002>Question: is this only true in a bear market? = (I'm=20 referring to Katherine's statement quoted by Charley), and if it's = universally=20 true then can't the lazy one's among us (and I include myself in that = category)=20 simply cheat by swing trading patterns, not CANSLIM=20 fundamentals?</SPAN></FONT></DIV> <DIV><FONT face=3DTahoma color=3D#000080 size=3D2><SPAN=20 class=3D500042409-11082002></SPAN></FONT> </DIV> <DIV><FONT face=3DTahoma color=3D#000080 size=3D2>Aloha,</FONT></DIV> <DIV><FONT face=3DTahoma color=3D#000080 size=3D2></FONT> </DIV> <DIV><FONT face=3DTahoma color=3D#000080 size=3D2>Mike = Gibbons</FONT></DIV> <DIV><FONT face=3DTahoma color=3D#000080 size=3D2>Proactive = Technologies,=20 LLC</FONT></DIV> <DIV><FONT face=3DTahoma color=3D#000080=20 size=3D2>http://www.proactech.com</FONT></DIV> <BLOCKQUOTE> <DIV class=3DOutlookMessageHeader dir=3Dltr align=3Dleft><FONT = face=3DTahoma=20 size=3D2>-----Original Message-----<BR><B>From:</B>=20 owner-canslim@lists.xmission.com=20 [mailto:owner-canslim@lists.xmission.com]<B>On Behalf Of=20 </B>Chazmoore@aol.com<BR><B>Sent:</B> Saturday, August 10, 2002 5:49=20 PM<BR><B>To:</B> canslim@lists.xmission.com<BR><B>Subject:</B> = [CANSLIM]=20 NVDA<BR><BR></FONT></DIV><FONT face=3Darial,helvetica><FONT size=3D2>A = week or so=20 ago, (time passes so fast), Katherine made a statement to the effect = that the=20 technicals are more important than the fundamentals in a bear market. = I have=20 now observed this to be true on numerous recent occasions, but my = first=20 impulse is to look for fundamental excuses for a falling stock price.=20 <BR>Quoting from a book I am reading, "The fundamental work answers = the=20 question <I>what,</I> and the technical side of the equation answers = the=20 question <I>when." </I>, points out how important it is to have all = the facts.=20 <BR>Thanks for calling my attention to the SEC investigation. It is so = discouraging to learn of these repeated accounting problems. One of = these days=20 I will stop believing in Santa Claus. <BR><BR>Charley</FONT>=20 </FONT></BLOCKQUOTE></BODY></HTML> - ------=_NextPart_000_0012_01C24111.453B2A30-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email.
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