Re: [CANSLIM] "M"

From: Ian <ianstm@shaw.ca>
Subject: Re: [CANSLIM] "M"
Date: Wed, 06 Nov 2002 09:50:29 -0800

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And here I am putting on short positions again!

Ahhhh ... the conflicting opinions that make a market :)

Cheers,

Ian


- ----- Original Message -----
From: Tom Worley <stkguru@bellsouth.net>
To: CANSLIM <canslim@lists.xmission.com>
Sent: Wednesday, November 06, 2002 6:13 AM
Subject: [CANSLIM] "M"


> looks to me like the conflict between a double bottom (bullish) and a
> potential head and shoulders (bearish) on several major indexes is now
being
> resolved in favor of the bulls. With the Republicans taking control of
> Congress yesterday, and the likely 25 BP cut in rates by FOMC at 2:15 PM
or
> so today, this rally just might have the legs to extend a way higher and
> make the 20% level from the October low. If so, that makes it officially a
> bull rally, and potentially the start of a new bull market.
>
> Only time (and institutions committing big money from the sidelines) will
> tell. Stay tuned.
>
> Tom Worley
> stkguru@bellsouth.net
> AIM: TexWorley
>
>
>
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