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


From: "rolf hertenstein" <rolfh@mindspring.com>
Subject: Re: [CANSLIM]list is very quite now! (was test)
Date: Sat, 5 Oct 2002 11:07:12 -0600

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Thanks for the good suggestion, but I'm in no hurry to step in front 
of the bus.  My bigger sin is usually not getting off the bus soon 
enough before it starts over the cliff.

As per WON's 24-Lessons, pg. 78, I have been trying to focus
on recognizing the bottom as/when it happens.  Tuesday was a 'begin
count' day, but yesterday's action took out Tuesday intraday lows on 
the DOW, NASD, and S&P.  So the count was cancelled.

At least now (compared to a month ago),  volume's been above 50-day 
averages (up and down).

School can be fun!

 Rolf

- ----- Original Message ----- 
From: "Tom Worley" <stkguru@bellsouth.net>

> Rolf, just a suggestion, better to try to focus on recognizing when a bottom
> has already happened, than on when one is approaching. You are less tempted
> to step in front of the bus that way
> 
> ----- Original Message -----
> From: "rolf hertenstein" <rolfh@mindspring.com>
> To: <canslim@lists.xmission.com>
> Sent: Saturday, October 05, 2002 8:45 AM
> Subject: Re: [CANSLIM]list is very quite now! (was test)
> 
> 
> As a casual, non-quantitative observation, seems like we're getting
> more big down vs. up volume days on the NYSE the last couple
> weeks - also a sign of a bottom approaching?
> 
>  Rolf
> 
> 
> From: "Winston Little" <wlittle1@peoplepc.com>
> > 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.
> 
> 
> 
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