Go to Jeff Salisbury LWGate Home Page.From: "Katherine Malm" <kmalm@earthlink.net>
Subject: Re: [CANSLIM] M
Date: Thu, 21 Nov 2002 15:04:01 -0600
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This is a multi-part message in MIME format. - ------=_NextPart_000_027A_01C2916F.398E2710 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi Ian, Just a quick note... re your comment "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." I noticed SFNT powering ahead today. I've also noticed that money is = definitely coming *out* of the safe-haven defensive issues such as = healthcare/hospitals, etc. In general, I see far more breakouts than = I've seen since last year, so all together, still looks promising to me. Katherine ----- Original Message -----=20 From: Ian=20 To: canslim@lists.xmission.com=20 Sent: Thursday, November 21, 2002 3:23 PM Subject: [CANSLIM] M 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 - ------=_NextPart_000_027A_01C2916F.398E2710 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable <!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> <HTML><HEAD> <META http-equiv=3DContent-Type content=3D"text/html; = charset=3Diso-8859-1"> <META content=3D"MSHTML 6.00.2800.1106" name=3DGENERATOR> <STYLE></STYLE> </HEAD> <BODY bgColor=3D#ffffff background=3D""> <DIV>Hi Ian,</DIV> <DIV> </DIV> <DIV>Just a quick note... re your comment "It is also baffling to me = that the=20 sectors that stand to benefit the most from coming increases in = government=20 spending - the defense and security sector - are watching this action = from the=20 sideline as well." <DIV> </DIV> <DIV>I noticed SFNT powering ahead today. I've also noticed that money = is=20 definitely coming *out* of the safe-haven defensive issues such as=20 healthcare/hospitals, etc. In general, I see far more breakouts than = I've seen=20 since last year, so all together, still looks promising to me.</DIV> <DIV> </DIV> <DIV>Katherine</DIV></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> Thursday, November 21, = 2002 3:23=20 PM</DIV> <DIV style=3D"FONT: 10pt arial"><B>Subject:</B> [CANSLIM] M</DIV> <DIV><BR></DIV> <DIV><FONT size=3D2>Is anyone else finding any "NEW" winners emerging = from this=20 buying frenzy?</FONT></DIV> <DIV> </DIV> <DIV><FONT size=3D2>It seems to me that several recent rally = leaders are=20 rolling over ugly today - HITK, LCI, ACET - while the indices power = ahead,=20 propelled by the most heavily shorted isues.</FONT></DIV> <DIV> </DIV> <DIV><FONT size=3D2>It is also baffling to me that the sectors that = stand to=20 benefit the most from coming increases in government spending - = the=20 defense and security sector - are watching this action from the = sideline as=20 well.</FONT></DIV> <DIV> </DIV> <DIV><FONT size=3D2>So am I mising the new leaders of the bull, or is = this just=20 shot-term traders using liquidity to squeeze heavily shorted = positions?=20 Opinions? Whither 'M'?</FONT></DIV> <DIV> </DIV> <DIV><FONT size=3D2>Ian</FONT></DIV></BLOCKQUOTE></BODY></HTML> - ------=_NextPart_000_027A_01C2916F.398E2710-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email.
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