Re: [CANSLIM] NAZ: Third distribution day in a week?

From: "Aaron Kemp" <ackemp@qwest.net>
Subject: Re: [CANSLIM] NAZ: Third distribution day in a week?
Date: Mon, 28 Oct 2002 20:47:12 -0700

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WON says one distribution day is usually enough to kill a new rally, I =
believe we will be heading back to at least re-test the lows.
  ----- Original Message -----=20
  From: Ian=20
  To: canslim@lists.xmission.com=20
  Sent: Monday, October 28, 2002 9:46 AM
  Subject: [CANSLIM] NAZ: Third distribution day in a week?


  Hi all:

  If the NAZ closes red today, it's going to be the third distribution =
day since last Tuesday. That's a lot of selling in a short time, but =
hasn't really had any negative effect on the level yet. What are people =
making of this?

  Thanks,

  Ian

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<DIV><FONT face=3DArial size=3D2>WON says one distribution day is =
usually enough to=20
kill a new rally, I believe we will be heading back to at least re-test =
the=20
lows.</FONT></DIV>
<BLOCKQUOTE dir=3Dltr=20
style=3D"PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; =
BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
  <DIV style=3D"FONT: 10pt arial">----- Original Message ----- </DIV>
  <DIV=20
  style=3D"BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: =
black"><B>From:</B>=20
  <A title=3Dianstm@shaw.ca href=3D"mailto:ianstm@shaw.ca">Ian</A> =
</DIV>
  <DIV style=3D"FONT: 10pt arial"><B>To:</B> <A =
title=3Dcanslim@lists.xmission.com=20
  =
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
 </DIV>
  <DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Monday, October 28, 2002 =
9:46=20
  AM</DIV>
  <DIV style=3D"FONT: 10pt arial"><B>Subject:</B> [CANSLIM] NAZ: Third=20
  distribution day in a week?</DIV>
  <DIV><BR></DIV>
  <DIV><FONT size=3D2>Hi all:</FONT></DIV>
  <DIV><FONT size=3D2></FONT>&nbsp;</DIV>
  <DIV><FONT size=3D2>If the NAZ closes red today, it's going to be the =
third=20
  distribution day since last Tuesday. That's a lot of selling in a =
short time,=20
  but hasn't really had any negative effect on the level yet. What are =
people=20
  making of this?</FONT></DIV>
  <DIV>&nbsp;</DIV>
  <DIV><FONT size=3D2>Thanks,</FONT></DIV>
  <DIV>&nbsp;</DIV>
  <DIV><FONT size=3D2>Ian</FONT></DIV></BLOCKQUOTE></BODY></HTML>

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