Go to Jeff Salisbury LWGate Home Page.From: "Tom Worley" <stkguru@bellsouth.net>
Subject: Re: [CANSLIM] Breakout Blues
Date: Fri, 23 Aug 2002 23:07:45 -0400
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I disagree. Over the many years I have been using CANSLIM, and the past six participating in this "niche" investing group, I have seen too many people that "thought" they knew CANSLIM and how to apply it. In some cases, they had not even read HTMMIS once, much less studied it. If I multiply the membership of this group by some unknown factor to represent the population of investors that got a free two week subscription to IBD and now "think" they have the hang of CANSLIM, but never were a member here, then I think there are likely millions of potential investors that will lose money on the basis of their perception of CANSLIM, and thereby condemn the system rather than their lack of knowledge or effort to learn. - ----- Original Message ----- From: "David Thompson" <david@epud.net> To: <canslim@lists.xmission.com> Sent: Friday, August 23, 2002 1:13 PM Subject: Re: [CANSLIM] Breakout Blues Tom and Robert One of the concerns that I've had is that one of the principles of investing is that once a very large group of people start following a certain investment style it generally stops working. It seems that WON has kept the C&H style of selecting stocks "fresh" by more and more carefully defining what's likely to work and likely to not. However, I suspect that significant growth in IBD (and they say it's growing quickly, they're certainly giving away a lot of copies) will eventually make it more worthwhile to trade against or outside the CANSLIM model. David Thompson - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. - - - -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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