Re: [CANSLIM] 2 for fun

From: "Norman" <theboyd@tisd.net>
Subject: Re: [CANSLIM] 2 for fun
Date: Tue, 27 Aug 2002 18:11:42 -0500

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Yep, same here.  That a.m. rally followed by bad consumer confidence numbers
was a recipe for a downdraft; buy in the morn, sell in the afternoon.
That's just the opposite of what IBD is constantly drumming on as bullish
(and what we've seen a lot of lately) namely, little bear in the morn and
moderate bull after lunch.  Bad omen.  Maybe we've just entered one of
Ernie's "infamous" turn windows:-)

Norm

- ----- Original Message -----
From: "Katherine Malm" <kmalm@earthlink.net>
To: <canslim@lists.xmission.com>
Sent: Tuesday, August 27, 2002 6:04 PM
Subject: Re: [CANSLIM] 2 for fun


> Not to mention I just flipped through my "leader board" and saw the same
> tails on a boatload of stocks. Yuck.... very different story than late
last
> week where things were "just struggling a little bit".... makes me glad
I've
> only got a few probes out and nothing major committed...
>
> Katherine
>
> ----- Original Message -----
> From: "Norman" <theboyd@tisd.net>
> To: <canslim@lists.xmission.com>
> Sent: Tuesday, August 27, 2002 5:31 PM
> Subject: Re: [CANSLIM] 2 for fun
>
>
> | Well, FCN may yet resurrect itself.  But COLM does not look healthy.
Both
> | formed Katherine's "tails up candle" today; and on significant volume.
> Nice
> | to be on the outside looking in on these 2<G>
> |
> | Norm
> | ----- Original Message -----
> | From: "Norman" <theboyd@tisd.net>
> | To: <canslim@lists.xmission.com>
> | Sent: Tuesday, August 27, 2002 10:16 AM
> | Subject: [CANSLIM] 2 for fun
> |
> |
> | > I'm not keeping lists yet but am looking at 2 issues that look like
> | > possibilities; just looking tho<G>
> | >
> | > FCN
> | > I liked this one when it was a semi-dependable LLUR.  Seems to keep
> | popping
> | > up on Screens of the Day.  I find their consulting business a little
> hard
> | > get a handle on but it seems to work.  Right now it seems like one of
> | those
> | > "channel stocks" that have been advertised on TV a lot lately<g>  It
may
> | be
> | > setting up for a pop as it nears it's 50DMA on lower vol; and maybe
> not<g>
> | >
> | > COLM
> | > I have had an interest in this one since last year.  It looks even
more
> | like
> | > a channel stock:-0  Has formed a nice c&h.  I first became interested
in
> | > this when I saw it's products all around me.  I live on the TX gulf
> coast
> | > and work in the fisheries profession.  As such I encounter anglers
> | everyday.
> | > Columbia shirts, and to a lesser degree pants, dominate the
> accoutrements
> | in
> | > this recreation/profession.  From personal observation I would guess
> that
> | > close to 50% of the regular anglers wear their clothes.  And the
clothes
> | are
> | > so thin that they need to be replaced frequently; trust me on this
one,
> I
> | > know:-(  And they cost a good bit more than other than their
> competitors.
> | > But folks like 'me.
> | >
> | > Anyway, just fun to watch 'me with no $ on the line.
> | >
> | > Norm
> | >
> | >
> | > -
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