Re: [CANSLIM] The last bull standing

From: Chazmoore@aol.com
Subject: Re: [CANSLIM] The last bull standing
Date: Tue, 8 Oct 2002 19:40:07 EDT

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Ian: While you may be correct, a sideways market implies a more or less equal 
number of buyers and sellers and offers no assurance that the market will not 
fall before it rises. Without a clear indication that the bull has returned I 
will be reluctant to jump in. For my personal guidance I will be looking for 
the market to rise above the 200 day moving average before I begin to invest 
again.

Having said that I do agree that some stocks will breakout and move up as the 
market moves sideways,

Charley

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<HTML><FONT FACE=arial,helvetica><FONT  SIZE=2>Ian: While you may be correct, a sideways market implies a more or less equal number of buyers and sellers and offers no assurance that the market will not fall before it rises. Without a clear indication that the bull has returned I will be reluctant to jump in. For my personal guidance I will be looking for the market to rise above the 200 day moving average before I begin to invest again.
<BR>
<BR>Having said that I do agree that some stocks will breakout and move up as the market moves sideways,
<BR>
<BR>Charley</FONT></HTML>

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