Re: [CANSLIM] Worley's Weekend Weeview

From: "Patrick Wahl" <pjwahl@attbi.com>
Subject: Re: [CANSLIM] Worley's Weekend Weeview
Date: Sat, 5 Oct 2002 13:25:11 -0600

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Good summary, pretty much reflects my own thoughts.  Also, one of the leading 
stock sectors, housing, is starting to show some signs of weakenss, and another 
strong group, education (CECO, COCO, etc) got whacked for at least one day 
yesterday when Devry warned that they would miss earnings forecasts by a 
significant amount.  




On 5 Oct 2002 at 13:32, Tom Worley wrote:

> "M"
> Ugly, depressing, no end in sight, VIX high, even I can't be persuaded to buy
> anything (now THAT's bearish). Lots of cuts in forecasts, and warnings of
> shortfalls in Q3 results, and from major companies. And I cannot even vocalize a
> single reason why I would expect things to start getting any better this year.
> Even without the closure of the ports on the West Coast, I have lost faith that
> Q4 results will show any significant improvement. Consumer spending definitely
> looks to me to be weakening, and manufacturing spending is not increasing to



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