Re: [CANSLIM] CSTR

From: "Tom Worley" <stkguru@bellsouth.net>
Subject: Re: [CANSLIM] CSTR
Date: Tue, 27 Aug 2002 21:58:54 -0400

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sometimes I find economics funny, and anecdotal data even more compelling
than "survey" data. Went to a very large local shopping mall Sunday
afternoon. Couldn't believe how jammed both the parking lot and the stores
were (Macys, Sears, Bloomingdales, Lord and Taylor, and a number of other
big name anchors as well as hundreds of little stores). Hard just to get
around. Shelves well stocked, but not much of a waiting line at the cash
register.

Certainly didn't say to me that the consumer was hunkering down and now
spending, they certainly were out being tempted at a minimum.

Then I look at the Durable Goods report today, and it is saying to me what
was forecasted, and I expected. Even as there probably is some slow down in
consumer spending after a steady 18 months of consumer excesses, corporate
spending is starting to pick up, including spending on infrastructure to
improve productivity. I also look at both the New and Used home sales
figures, hitting or close to records. That translates to a lot of consumer
spending as well.  Then I look at what the market's reaction to all this is,
and shake my head. Go figure. Hope no one here was counting on the markets
to behave logically.

- ----- Original Message -----
From: "Fred Richards" <ffradrich@attbi.com>
To: <canslim@lists.xmission.com>
Sent: Tuesday, August 27, 2002 10:32 AM
Subject: RE: [CANSLIM] CSTR


With the release of the disappointing Consumer Confidence numbers, the
market may have reached the end of its bear market rally.

Unloading will affect almost all stocks. What were the fundamental and
technical reasons you purchased the stock?  Are they still valid?

No one can see the future. Unfortunately, you have to decide whether as my
old mentor used to say, "Is the first loss, the best loss or can it get
worse?"


- -----Original Message-----
From: owner-canslim@lists.xmission.com
[mailto:owner-canslim@lists.xmission.com]On Behalf Of
michael_niemotka@baxter.com
Sent: Tuesday, August 27, 2002 9:25 AM
To: canslim@lists.xmission.com
Subject: [CANSLIM] CSTR


Does anyone know what is going on with this stock?  Got in late to the
office today and it is down 18%!!!

I know we are supposed to sell at 7-8%, but now do I sell anyway, or wait
it out to see if the day may turn a bit?

Thanks

Mike Niemotka , PE
Sr. Principal Engineer
Baxter Healthcare Corporation
Route 120 & Wilson Road
Round Lake, IL 60073
Tel (847) 270-4075
Fax (847) 270-4525
michael_niemotka@baxter.com



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