Re: Fw: [CANSLIM] For Tom W.


From: "Dan Forant" <dforant1@nycap.rr.com>
Subject: Re: Fw: [CANSLIM] For Tom W.
Date: Mon, 9 Sep 2002 14:01:13 -0400

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Wyndy,=20

It is important to hang out here if your serious in using CANSLIM as one =
of your weapons to make money in the market. WON is an analyst himself =
but doesn't know when or where the bottom will be. It may take months =
after the fact to see it. IBD won't sell well if the market is  =
negative. With that said, you should be more concerned about the MARKET =
instead of CANSLIM. Go with the general trend till it reverses. Short =
term trade the early reverses till enough evidence surfaces. I don't =
watch or listen to any analysts. Just keep abreast of  the Indexes =
charts and economy figures that come out. The only doom and gloomers out =
there are the longs. The shorters are doing fine.=20

DanF
  ----- Original Message -----=20
  From: Cwyndham@aol.com=20
  To: canslim@lists.xmission.com=20
  Sent: Monday, September 09, 2002 10:56 AM
  Subject: Re: Fw: [CANSLIM] For Tom W.


  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. =20

  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





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<BODY bgColor=3D#ffffff>
<DIV><FONT face=3DArial size=3D2>Wyndy, </FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT>&nbsp;</DIV>
<DIV><FONT face=3DArial size=3D2>It is important to hang out here if =
your serious in=20
using CANSLIM as one of your weapons to make money in the market. WON is =
an=20
analyst himself but doesn't know when or where the bottom will be. It =
may take=20
months after the fact to see it. IBD won't sell well if&nbsp;the market =
is&nbsp;=20
negative. With that said, you should be more concerned about the MARKET =
instead=20
of CANSLIM. Go with the general trend till it reverses. Short term trade =
the=20
early reverses till enough evidence surfaces. I don't watch or listen to =
any=20
analysts. Just keep abreast of&nbsp; the Indexes charts and economy =
figures that=20
come out. The only doom and gloomers out there are the longs. The =
shorters are=20
doing fine. </FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT>&nbsp;</DIV>
<DIV><FONT face=3DArial size=3D2>DanF</FONT></DIV>
<BLOCKQUOTE=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=3DCwyndham@aol.com =
href=3D"mailto:Cwyndham@aol.com">Cwyndham@aol.com</A>=20
  </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> Monday, September 09, =
2002 10:56=20
  AM</DIV>
  <DIV style=3D"FONT: 10pt arial"><B>Subject:</B> Re: Fw: [CANSLIM] For =
Tom=20
  W.</DIV>
  <DIV><BR></DIV><FONT face=3Darial,helvetica><FONT lang=3D0 =
face=3DArial size=3D2=20
  FAMILY=3D"SANSSERIF">Katherine is it doom and gloom or truth and =
reality? Is=20
  your vision clouded by the past? Certainly CANSLIM has been a losing =
strategy=20
  for most of&nbsp; those that have attemmpted it since mid 2000 (this I =
learned=20
  from private email sent to me by members of this group). Oh, you're =
going to=20
  say IBD said to stay out, well that's not true either. They've called =
several=20
  bottoms.&nbsp; Staying in cash just means that most all of the IBD =
faithful=20
  lost a fantastic opportunity to short the market, to say nothing about =
losing=20
  ground to stealth inflation. The wavers have been totally on the ball =
for the=20
  past 2+ years and their performance is public and well documented. You =
might=20
  check them out instead of lumping them with others and scoffing at =
them.=20
  Whereas IBD still hasn't responded to my registered letter.&nbsp;=20
  <BR><BR>Wyndy<BR><BR>In a message dated 9/8/2002 11:36:18 PM Central =
Daylight=20
  Time, kmalm@earthlink.net writes:<BR><BR><BR>
  <BLOCKQUOTE=20
  style=3D"PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #0000ff 2px =
solid; MARGIN-RIGHT: 0px"=20
  TYPE=3D"CITE"><BR>Hi Gene,<BR><BR>I was referring to Prechter's stance =
on=20
    stock cycles and doom and gloom based on Elliott Wave analysis, so =
was=20
    tongue-in-cheek suggesting an economics text to balance the view. (I =
think=20
    his "Tidal Wave" Bear book came out in 95 or 96. Add him to the =
stack with=20
    Ravi Batra "The Great Depression of 1990" and, just to be fair, "Dow =
36000"=20
    and "Dow 100000"). Either way, all things are=20
  =
possible.<BR><BR>Katherine<BR></BLOCKQUOTE><BR><BR></BLOCKQUOTE></FONT></=
FONT></BODY></HTML>

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