From: Chazmoore@aol.com
Subject: Re: [CANSLIM] The last bull standing
Date: Tue, 8 Oct 2002 19:40:07 EDT
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- --part1_189.f6e195d.2ad4c6d7_boundary Content-Type: text/plain; charset="US-ASCII" Content-Transfer-Encoding: 7bit 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 - --part1_189.f6e195d.2ad4c6d7_boundary Content-Type: text/html; charset="US-ASCII" Content-Transfer-Encoding: 7bit <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> - --part1_189.f6e195d.2ad4c6d7_boundary-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email.
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