Go to Jeff Salisbury LWGate Home Page.From: "david frank" <camelot.homes@charter.net>
Subject: Re: [CANSLIM] Re: Performance
Date: Wed, 4 Sep 2002 10:49:16 -0500
Next Article (by Author): Re: [CANSLIM] MIK BO? Academic discussion considering M michael_niemotka@baxter.com
Previous Article (by Author): [CANSLIM] M "Mike Gibbons"
Articles sorted by: [Date]
[Author]
[Subject]
This is a multi-part message in MIME format.
- ------=_NextPart_000_0021_01C25400.B6F6B570
Content-Type: text/plain;
charset="iso-8859-1"
Content-Transfer-Encoding: quoted-printable
Katherine, also well said. Andrew, anyone that wanders into CANSLIM, =
doesn't really know its expectancy. Just like any product, one should =
ask proven results-if any. Investing in the stock market, using any =
system, is very risky-especially during these times. David
----- Original Message -----=20
From: Katherine Malm=20
To: canslim@lists.xmission.com=20
Sent: Wednesday, September 04, 2002 9:32 AM
Subject: [CANSLIM] Re: Performance
Well said, Andrew. Each individual has the responsibility for =
developing their own set of trading rules and then =
backtesting/papertrading/etc to develop an expectancy rate. Given that =
and a monitored performance check, they can trade with confidence and =
adjust as needed. CANSLIM is no different than any other "style"....it's =
simply a launching pad for the individual's chosen systematic investing =
process and performance is *always* the responsibility of the =
practitioner.
Katherine
----- Original Message -----=20
From: Andrew Biederman=20
Sent: Wednesday, September 04, 2002 10:15 AM
Subject: [CANSLIM] To: canslim@lists.xmission.com
I feel as though I have wandered into OZ.=20
=20
Isn't it the responsibility of the trader to determine whether =
CANSLIM works and what stops to use?
=20
Anyone who uses a system without knowing its expectancy is trading =
on faith and deserves to get the results that "luck" gives them. If you =
don't know your expectancy - shame on you for not doing your homework.
It is not the responsibility of IBD or William O'Neill to guarantee =
the traders results or the accuracy of a method.
=20
=20
=20
- ------=_NextPart_000_0021_01C25400.B6F6B570
Content-Type: text/html;
charset="iso-8859-1"
Content-Transfer-Encoding: quoted-printable
<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN">
<HTML xmlns=3D"http://www.w3.org/TR/REC-html40" xmlns:o =3D=20
"urn:schemas-microsoft-com:office:office" xmlns:w =3D=20
"urn:schemas-microsoft-com:office:word"><HEAD>
<META http-equiv=3DContent-Type content=3D"text/html; =
charset=3Diso-8859-1">
<META content=3DWord.Document name=3DProgId>
<META content=3D"MSHTML 5.50.4807.2300" name=3DGENERATOR>
<META content=3D"Microsoft Word 10" name=3DOriginator><LINK=20
href=3D"cid:filelist.xml@01C253FB.F0AF1D20" rel=3DFile-List><!--[if gte =
mso 9]><xml>
<o:OfficeDocumentSettings>
<o:DoNotRelyOnCSS/>
</o:OfficeDocumentSettings>
</xml><![endif]--><!--[if gte mso 9]><xml>
<w:WordDocument>
<w:DocumentKind>DocumentEmail</w:DocumentKind>
<w:EnvelopeVis/>
<w:Compatibility>
<w:BreakWrappedTables/>
<w:SnapToGridInCell/>
<w:WrapTextWithPunct/>
<w:UseAsianBreakRules/>
</w:Compatibility>
<w:BrowserLevel>MicrosoftInternetExplorer4</w:BrowserLevel>
</w:WordDocument>
</xml><![endif]-->
<STYLE>@page Section1 {size: 8.5in 11.0in; margin: 1.0in 1.25in 1.0in =
1.25in; mso-header-margin: .5in; mso-footer-margin: .5in; =
mso-paper-source: 0; }
P.MsoNormal {
FONT-SIZE: 12pt; MARGIN: 0in 0in 0pt; FONT-FAMILY: "Times New Roman"; =
mso-style-parent: ""; mso-pagination: widow-orphan; =
mso-fareast-font-family: "Times New Roman"
}
LI.MsoNormal {
FONT-SIZE: 12pt; MARGIN: 0in 0in 0pt; FONT-FAMILY: "Times New Roman"; =
mso-style-parent: ""; mso-pagination: widow-orphan; =
mso-fareast-font-family: "Times New Roman"
}
DIV.MsoNormal {
FONT-SIZE: 12pt; MARGIN: 0in 0in 0pt; FONT-FAMILY: "Times New Roman"; =
mso-style-parent: ""; mso-pagination: widow-orphan; =
mso-fareast-font-family: "Times New Roman"
}
A:link {
COLOR: blue; TEXT-DECORATION: underline; text-underline: single
}
SPAN.MsoHyperlink {
COLOR: blue; TEXT-DECORATION: underline; text-underline: single
}
A:visited {
COLOR: purple; TEXT-DECORATION: underline; text-underline: single
}
SPAN.MsoHyperlinkFollowed {
COLOR: purple; TEXT-DECORATION: underline; text-underline: single
}
SPAN.EmailStyle17 {
COLOR: windowtext; FONT-FAMILY: Arial; mso-style-type: =
personal-compose; mso-style-noshow: yes; mso-ansi-font-size: 10.0pt; =
mso-bidi-font-size: 10.0pt; mso-ascii-font-family: Arial; =
mso-hansi-font-family: Arial; mso-bidi-font-family: Arial
}
DIV.Section1 {
page: Section1
}
</STYLE>
<!--[if gte mso 10]>
<style>
/* Style Definitions */=20
table.MsoNormalTable
{mso-style-name:"Table Normal";
mso-tstyle-rowband-size:0;
mso-tstyle-colband-size:0;
mso-style-noshow:yes;
mso-style-parent:"";
mso-padding-alt:0in 5.4pt 0in 5.4pt;
mso-para-margin:0in;
mso-para-margin-bottom:.0001pt;
mso-pagination:widow-orphan;
font-size:10.0pt;
font-family:"Times New Roman";}
</style>
<![endif]--></HEAD>
<BODY lang=3DEN-US style=3D"tab-interval: .5in" vLink=3Dpurple =
link=3Dblue=20
bgColor=3D#ffffff>
<DIV><FONT face=3DArial size=3D2>Katherine, also well said. Andrew, =
anyone that=20
wanders into CANSLIM, doesn't really know its expectancy. Just like any =
product,=20
one should ask proven results-if any. Investing in the stock market, =
using any=20
system, is very risky-especially during these times. =
David</FONT></DIV>
<BLOCKQUOTE dir=3Dltr=20
style=3D"PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; =
BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
<DIV style=3D"FONT: 10pt arial">----- Original Message ----- </DIV>
<DIV=20
style=3D"BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: =
black"><B>From:</B>=20
<A title=3Dkmalm@earthlink.net =
href=3D"mailto:kmalm@earthlink.net">Katherine=20
Malm</A> </DIV>
<DIV style=3D"FONT: 10pt arial"><B>To:</B> <A =
title=3Dcanslim@lists.xmission.com=20
=
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
</DIV>
<DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Wednesday, September 04, =
2002 9:32=20
AM</DIV>
<DIV style=3D"FONT: 10pt arial"><B>Subject:</B> [CANSLIM] Re: =
Performance</DIV>
<DIV><BR></DIV>
<DIV>Well said, Andrew. Each individual has the responsibility for =
developing=20
their own set of trading rules and then backtesting/papertrading/etc =
to=20
develop an expectancy rate. Given that and a monitored =
performance check,=20
they can trade with confidence and adjust as needed. CANSLIM is no =
different=20
than any other "style"....it's simply a launching pad for the =
individual's=20
chosen systematic investing process and performance is *always* the=20
responsibility of the practitioner.</DIV>
<DIV> </DIV>
<DIV>Katherine</DIV>
<BLOCKQUOTE dir=3Dltr=20
style=3D"PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; =
BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
<DIV style=3D"FONT: 10pt arial">----- Original Message ----- </DIV>
<DIV=20
style=3D"BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: =
black"><B>From:</B>=20
<A title=3Dariderma@optonline.net =
href=3D"mailto:ariderma@optonline.net">Andrew=20
Biederman</A> </DIV>
<DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Wednesday, September =
04, 2002=20
10:15 AM</DIV>
<DIV style=3D"FONT: 10pt arial"><B>Subject:</B> [CANSLIM] To: <A=20
=
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
</DIV>
<DIV><BR></DIV>
<DIV class=3DSection1>
<P class=3DMsoNormal><FONT face=3DArial size=3D2><SPAN=20
style=3D"FONT-SIZE: 10pt; FONT-FAMILY: Arial">I feel as though I =
have wandered=20
into OZ. <o:p></o:p></SPAN></FONT></P>
<P class=3DMsoNormal><FONT face=3DArial size=3D2><SPAN=20
style=3D"FONT-SIZE: 10pt; FONT-FAMILY: =
Arial"><o:p> </o:p></SPAN></FONT></P>
<P class=3DMsoNormal><FONT face=3DArial size=3D2><SPAN=20
style=3D"FONT-SIZE: 10pt; FONT-FAMILY: Arial">Isn’t it the =
responsibility of=20
the trader to determine whether CANSLIM works and what stops to=20
use?<o:p></o:p></SPAN></FONT></P>
<P class=3DMsoNormal><FONT face=3DArial size=3D2><SPAN=20
style=3D"FONT-SIZE: 10pt; FONT-FAMILY: =
Arial"><o:p> </o:p></SPAN></FONT></P>
<P class=3DMsoNormal><FONT face=3DArial size=3D2><SPAN=20
style=3D"FONT-SIZE: 10pt; FONT-FAMILY: Arial">Anyone who uses a =
system without=20
knowing its expectancy is trading on faith and deserves to get the =
results=20
that “luck” gives them. If you don’t know your =
expectancy – shame on you for=20
not doing your homework.<o:p></o:p></SPAN></FONT></P>
<P class=3DMsoNormal><FONT face=3DArial size=3D2><SPAN=20
style=3D"FONT-SIZE: 10pt; FONT-FAMILY: Arial">It is not the =
responsibility of=20
IBD or William O’Neill to guarantee the traders results or the =
accuracy of a=20
method.<o:p></o:p></SPAN></FONT></P>
<P class=3DMsoNormal><FONT face=3DArial size=3D2><SPAN=20
style=3D"FONT-SIZE: 10pt; FONT-FAMILY: =
Arial"><o:p> </o:p></SPAN></FONT></P>
<P class=3DMsoNormal><FONT face=3DArial size=3D2><SPAN=20
style=3D"FONT-SIZE: 10pt; FONT-FAMILY: =
Arial"><o:p> </o:p></SPAN></FONT></P>
<P class=3DMsoNormal><FONT face=3D"Times New Roman" size=3D3><SPAN=20
style=3D"FONT-SIZE: =
12pt"><o:p> </o:p></SPAN></FONT></P></DIV></BLOCKQUOTE></BLOCKQUOTE>=
</BODY></HTML>
- ------=_NextPart_000_0021_01C25400.B6F6B570--
- -
- -To subscribe/unsubscribe, email "majordomo@xmission.com"
- -In the email body, write "subscribe canslim" or
- -"unsubscribe canslim". Do not use quotes in your email.
Next Article (by Author): Re: [CANSLIM] MIK BO? Academic discussion considering M michael_niemotka@baxter.com
Previous Article (by Author): [CANSLIM] M "Mike Gibbons"
Articles sorted by: [Date]
[Author]
[Subject]