Go to Jeff Salisbury LWGate Home Page.From: Steve <scgjd@pacbell.net>
Subject: [CANSLIM] Bear case
Date: Fri, 18 Oct 2002 11:13:57 -0700
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From Yahoo Finance today: "Those making the bearish case have made an interesting point regarding single-day, 5% gains. Namely, they have pointed out that during the Nasdaq's bull run from 1,200 to 5,000, there were only three days that saw gains of 5% or more in the composite index, while during the long bear market from 5,000 to 1,200, there have been 25 rallies of better than 5%. Yet, regarding this point we would note that these rallies have become less frequent: 14 were in 2000, 7 in 2001, and last Tuesday was just the 4th case of a 5% gain in 2002. Make of it what you will." Steve Grier scgjd@pacbell.net - - - -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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