Go to Jeff Salisbury LWGate Home Page.From: "Edward W. Gjertsen II" <ed@macktracks.com>
Subject: [CANSLIM] The Holy Grail
Date: Mon, 9 Sep 2002 11:39:04 -0500
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Stop everything, I have found the answer to all of our concerns. I have found a web service that has the following track record and all for $19.95 per month 03/27/2000 Buy ProFunds UltraShort OTC 05/23/2000 Buy ProFunds Ultra OTC 09/05/2000 Buy ProFunds UltraShort OTC 09/21/2001 Buy ProFunds Ultra OTC 12/06/2001 Buy ProFunds UltraShort OTC It is amazing, all you do is go to the site, sign in, and it tells you exactly what to buy, when to buy, and how much to buy (with that type of record, I am thinking about a large home equity loan to use). It all seems legit. The URL is www.getrealitdoesnotexist.com Investing is hard work. Investment strategies are designed to be flexible. If you want something easy and guaranteed, go down to you local bank, and purchase a CD. No hassle, no worries, and quite simple. If you want to learn to be a good investor, roll up you sleeves, put on your thinking cap and dive into it. Read as many books as you can, from WON to Lynch to Bogel to Livermore to Gann to Graham and Dodd to Edwards and McGee or whomever else you can think of who was successful at investing. Take notes, compare styles, then find a formula that best suits your personality. The billions that have been spent by Wall Street firms searching for the "Holy Grail" is down the proverbial toilet. Get real people, we are in a bear market. This is where the wheat is separated from the chaff. Protect the one element you need for successful investing - your principal. Take care all. Ed Gjertsen II ed@macktracks.com - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com] On Behalf Of Fanus Sent: Monday, September 09, 2002 11:04 AM To: canslim@lists.xmission.com Subject: Re: Fw: [CANSLIM] For Tom W. Wyndy You clearly do not understand CANSLIM. Yes, by following CANSLIM we would have "missed" the bear market. This is what CANSLIM is designed for. To be long during bull markets and out during bear markets. This is a long only strategy and not a short strategy. This was not a losing strategy. It did what is was suppose to do. And of course it is going to be wrong sometimes by calling market bottoms. If you are looking for a strategy with a 100% track record, well you will not find it. To turn your arguement around, shorting stocks got you killed during the bull market in 1998 and 1999. So I guess this mean shorting doesn't work either? You clearly doesn't like CANSLIM. Why do you waste your time trying to prove it doesn't work and don't rather concentrate your efforts on finding something you are comfortable with? What do you gain by proving something doesn't work? - - Fanus - --- Cwyndham@aol.com wrote: > Katherine is it doom and gloom or truth and reality? > Is your vision clouded > by the past? Certainly CANSLIM has been a losing > strategy for most of those > that have attemmpted it since mid 2000 (this I > learned from private email > sent to me by members of this group). Oh, you're > going to say IBD said to > stay out, well that's not true either. They've > called several bottoms. > Staying in cash just means that most all of the IBD > faithful lost a fantastic > opportunity to short the market, to say nothing > about losing ground to > stealth inflation. The wavers have been totally on > the ball for the past 2+ > years and their performance is public and well > documented. You might check > them out instead of lumping them with others and > scoffing at them. Whereas > IBD still hasn't responded to my registered letter. > > > Wyndy > > In a message dated 9/8/2002 11:36:18 PM Central > Daylight Time, > kmalm@earthlink.net writes: > > > > > > Hi Gene, > > > > I was referring to Prechter's stance on stock > cycles and doom and gloom > > based on Elliott Wave analysis, so was > tongue-in-cheek suggesting an > > economics text to balance the view. (I think his > "Tidal Wave" Bear book > > came out in 95 or 96. Add him to the stack with > Ravi Batra "The Great > > Depression of 1990" and, just to be fair, "Dow > 36000" and "Dow 100000"). > > Either way, all things are possible. > > > > Katherine > > > > __________________________________________________ Do You Yahoo!? Yahoo! Finance - Get real-time stock quotes http://finance.yahoo.com - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email.
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