Re: [CANSLIM] Why Professionals go astray

From: "Patrick Wahl" <pjwahl@attbi.com>
Subject: Re: [CANSLIM] Why Professionals go astray
Date: Tue, 3 Sep 2002 22:04:29 -0600

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CANSLIM gets you into growth stocks that fit a certain model.  Since the application 
of the CANSLIM principles is subject to some interpretation, there are a number of 
variables in stock selection, also position entry and exit, and no one will invest in all 
stocks  meeting canslim criteria, there is going to be no single number you can point 
to as the return when using CANSLIM.  If you are not comfortable with that, you 
should probably put your money in an index fund, like an S&P index fund, where 
you are in essence investing in the market, and the long term return of the stock 
market is pretty well known.

On 3 Sep 2002 at 20:43, Cwyndham@aol.com wrote:

> 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?

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