[CANSLIM] institutional sponsorship

From: "Robin Gridley" <gridley02@earthlink.net>
Subject: [CANSLIM] institutional sponsorship
Date: Mon, 18 Nov 2002 21:15:09 -0800

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I'm not sure if this is a fair observation or not...

A lot of the stocks that I'm looking into because
I like the charts (and have decent fundamentals...)
are coming up with institutional ownership well over
30%. Is this a common phenomena (the funds buy the
stuff with the good fundamentals just as I'm looking 
for...) or is this made more of an issue because
there are not a whole lot of great choices out there
so the institutions are more prevalent in the ones
that look favorable....



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