Re: [CANSLIM] "M"


From: "Patrick Wahl" <pjwahl@attbi.com>
Subject: Re: [CANSLIM] "M"
Date: Mon, 23 Sep 2002 22:39:21 -0600

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Speaking of dogs, take a look at the $SOX index, its at a 4 year (47 month to be 
precise) low.   The Vix is also pretty high, looking at several years of data, it hasn't 
remained at such a high level for a duration of more than a few weeks at a time, so 
a bounce is probably due here.

On 23 Sep 2002 at 20:42, Tom Worley wrote:

> Well, NASDOG, I mean NASDAQ, managed to do it. Not only traded to a new low
> under the one set 8/5/02, it also managed to close nearly at the low of the
> day. It had company, tho, with the Naz 100 doing the same thing. The Russell
> 2000 didn't quite beat its 7/24 low on an intraday basis, but sure managed
> to take it out on a closing price basis. The rest of the major indexes look
> like they need a few more days of catch up, but are headed in the same
> direction. Will be interesting to see what the Feds say tomorrow.



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