[CANSLIM] "M"

From: "Tom Worley" <stkguru@bellsouth.net>
Subject: [CANSLIM] "M"
Date: Wed, 6 Nov 2002 09:13:58 -0500

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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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