[CANSLIM] M

From: Ian <ianstm@shaw.ca>
Subject: [CANSLIM] M
Date: Thu, 21 Nov 2002 13:23:11 -0800

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Is anyone else finding any "NEW" winners emerging from this buying frenzy?

It seems to me that several recent rally leaders are rolling over ugly today - HITK, LCI, ACET - while the indices power ahead, propelled by the most heavily shorted isues.

It is also baffling to me that the sectors that stand to benefit the most from coming increases in government spending - the defense and security sector - are watching this action from the sideline as well.

So am I mising the new leaders of the bull, or is this just shot-term traders using liquidity to squeeze heavily shorted positions? Opinions? Whither 'M'?

Ian

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<DIV><FONT size=2>Is anyone else finding any "NEW" winners emerging from this 
buying frenzy?</FONT></DIV>
<DIV>&nbsp;</DIV>
<DIV><FONT size=2>It seems to me that&nbsp;several recent rally leaders are 
rolling over ugly today - HITK, LCI, ACET - while the indices power ahead, 
propelled by the most heavily shorted isues.</FONT></DIV>
<DIV>&nbsp;</DIV>
<DIV><FONT size=2>It is also baffling to me that the sectors that stand to 
benefit the most from&nbsp;coming increases in government spending - the defense 
and security sector - are watching this action from the sideline as 
well.</FONT></DIV>
<DIV>&nbsp;</DIV>
<DIV><FONT size=2>So am I mising the new leaders of the bull, or is this just 
shot-term traders using liquidity to squeeze heavily shorted positions? 
Opinions? Whither 'M'?</FONT></DIV>
<DIV>&nbsp;</DIV>
<DIV><FONT size=2>Ian</FONT></DIV></BODY></HTML>

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