Re: [CANSLIM] Why Professionals go astray

From: "Norman" <theboyd@tisd.net>
Subject: Re: [CANSLIM] Why Professionals go astray
Date: Tue, 3 Sep 2002 19:55:44 -0500

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Hi Wyndy,

May I suggest you grab a copy of How To Make Money In Stocks (HTMMIS).  It
makes good reading and is the CAN SLIM "bible".  It will answer almost all
your questions about how the method works and what it is based on.   Even if
you decide to use some other method, it still has good information on
investing and the market in general.

Norm

- ----- Original Message -----
From: <Cwyndham@aol.com>
To: <canslim@lists.xmission.com>
Sent: Tuesday, September 03, 2002 7:43 PM
Subject: Re: [CANSLIM] Why Professionals go astray


> In a message dated 9/3/2002 6:37:33 PM Central Daylight Time,
> kmalm@earthlink.net writes:
>
>
> > Hi Wyndy,
> >
> > My comment about chucking CANSLIM was tongue-in-cheek. You can't measure
a
> > system unless there are firm recommendations and/or nonsubjective
> > components for entry/exit.* CANSLIM is not about telling you
specifically
> > which stocks you should and shouldn't buy, it doesn't recommend
> > stocks---it's a process of investing long in fundamentally sound
> > high-growth stocks using an intermediate term entry/exit strategy based
on
> > technicals. It's a long strategy intended for uptrending markets rather
> > than an "all weather" strategy.
>
>
> If I understand what you are saying, CANSLIM is based on faith and not
facts.
> Do you have any "beef" to share? What can I expect to yield based on your
> knowledge not what you read somewhere?
>
> Thank you,
> Wyndy
>
>
>
>


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