Re: [CANSLIM]list is very quite now! (was test)

From: "Winston Little" <wlittle1@peoplepc.com>
Subject: Re: [CANSLIM]list is very quite now! (was test)
Date: Wed, 2 Oct 2002 15:09:03 -0400

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October Markets:
Nine significant market bottoms occurred in Octobers of the past century
(1900-1999).
Eight of the twenty largest numerical market drops occurred during Octobers.

October is year end for many Mutual Funds, so they sell to take their losses
and also sell gainers to take their gains. Thus holders of record in the
fund, even new buyers,  get named to the IRS as recipient of these taxable
gains, even if the funds end up with a net loss.
What a lovely deal for a new buyer in the fund......lose money and get named
to pay taxes on gains that someone else received, and also assessed for a
management fee.

Nov. through Dec. are winners (12% average) in all years from 1900 through
1999 (except 1929-1932 when market lost 90% of its value).
....lost 90% of its value ..... that sounds like right now.....

- ----- Original Message -----
From: "Patrick Wahl" <pjwahl@attbi.com>
To: <canslim@lists.xmission.com>
Sent: Wednesday, October 02, 2002 2:28 PM
Subject: Re: [CANSLIM]list is very quite now! (was test)

> Well, I guess after yesterday, we could get a follow through day beginning
on
> Friday, but would still need to see a bunch of stocks setup better than
they are now
> before there is much to buy.  We are still in a seasonally weak period of
the year,
> improves a lot in a few more weeks.  That's about all I know....
>
> On 2 Oct 2002 at 13:50, Winston Little wrote:
>
>
> >     What ideas can you share for discussion?
> >      What issues or items have you found interesting that you could
share?
>
>
>
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