[CANSLIM] IBD


From: "Mark Kerson" <mkerson@dplus.net>
Subject: [CANSLIM] IBD
Date: Sat, 23 Nov 2002 22:44:58 -0500

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Hi, my name is Mark. I have been reading -studying really- IBD’s system for about two years.

I have been monitoring this list for some months now.

I feel compelled to say something about my experience with IBD after reading what seems like a
general undercurrent of negativity about the paper on this site. Not everyone to be sure, but
several people seem to have a distain for it that I simply don’t understand.

I love the paper, I love the books, and I love the web site. Honestly… as corny as that sounds,
every day I wake up early so I can read my paper and learn more about stocks. I am enormously
grateful to have found it. I began searching about four years ago for a way to understand stocks. It
was a complete mystery to me; I had never bought a stock, I did not know the slightest thing about
how or why to buy or sell.  To give you an idea of just how little I knew; I did not even know where
to buy a share of stock if I wanted to. The more I read about the process in the sources that were
available to me, the less I understood. My head was swimming with conflicting information. I tried
taking an online course with one company, only to feel even dumber. I read some books. I tried a
college course. I spoke with friends. I read business newspapers. All of it was a complete waste of
time.

Then I came across IBD. It was like lightning stuck. Of course I did not understand much of what was
being said, but reading what they offered it was clear to me -on an intuitive level- that this was
what I was looking for. The tone was matter of fact, and it said, over and over again, that I could
do it, that it was not rocket science, and that they would help. They said it was going to take
study and effort, but that it absolutely could be mastered, and they were right.

So, every day, I read the paper and the books and the on line information and feel delighted that
the company exists. The cost seems insignificant for the product offered; and I say this having not
made any money (actually I have lost some) and not being a rich man. I realize that my timing was
exactly at the beginning of the two+ year market decline. (In fact I feel personally responsible for
it, having made the decision to learn about stocks, it seems to me, is the very reason the markets
have declined.).  And I am completely convinced that when the market turns (which it seems to have
done, at least for the time being) that I will profit from my efforts. When this happens I will have
only IBD to thank for my success.

So, I wanted to put my two cents into the pot and offer another view from the one I hear most often
expressed on in this forum.

Also, I would like to thank everyone on this list for all of the insights and information offered.
Reading your comments and ideas has helped me a great deal.

I wish everyone a great Thanksgiving.
Mark


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<div class=3DSection1>

<p class=3DMsoNormal><span class=3DEmailStyle17><font size=3D4 =
color=3Dpurple
face=3D"Tempus Sans ITC"><span =
style=3D'font-size:14.0pt;mso-bidi-font-size:12.0pt'>Hi,
my name is Mark. I have been reading -studying really- IBD&#8217;s =
system for about
two years. <o:p></o:p></span></font></span></p>

<p class=3DMsoNormal><span class=3DEmailStyle17><font size=3D4 =
color=3Dpurple
face=3D"Tempus Sans ITC"><span =
style=3D'font-size:14.0pt;mso-bidi-font-size:12.0pt'><![if =
!supportEmptyParas]>&nbsp;<![endif]><o:p></o:p></span></font></span></p>

<p class=3DMsoNormal><span class=3DEmailStyle17><font size=3D4 =
color=3Dpurple
face=3D"Tempus Sans ITC"><span =
style=3D'font-size:14.0pt;mso-bidi-font-size:12.0pt'>I
have been monitoring this list for some months =
now.<o:p></o:p></span></font></span></p>

<p class=3DMsoNormal><span class=3DEmailStyle17><font size=3D4 =
color=3Dpurple
face=3D"Tempus Sans ITC"><span =
style=3D'font-size:14.0pt;mso-bidi-font-size:12.0pt'><![if =
!supportEmptyParas]>&nbsp;<![endif]><o:p></o:p></span></font></span></p>

<p class=3DMsoNormal><span class=3DEmailStyle17><font size=3D4 =
color=3Dpurple
face=3D"Tempus Sans ITC"><span =
style=3D'font-size:14.0pt;mso-bidi-font-size:12.0pt'>I
feel compelled to say something about my experience with IBD after =
reading what
seems like a general undercurrent of negativity about the paper on this =
site.
Not everyone to be sure, but several people seem to have a distain for =
it that
I simply don&#8217;t understand. <o:p></o:p></span></font></span></p>

<p class=3DMsoNormal><span class=3DEmailStyle17><font size=3D4 =
color=3Dpurple
face=3D"Tempus Sans ITC"><span =
style=3D'font-size:14.0pt;mso-bidi-font-size:12.0pt'><![if =
!supportEmptyParas]>&nbsp;<![endif]><o:p></o:p></span></font></span></p>

<p class=3DMsoNormal><span class=3DEmailStyle17><font size=3D4 =
color=3Dpurple
face=3D"Tempus Sans ITC"><span =
style=3D'font-size:14.0pt;mso-bidi-font-size:12.0pt'>I
love the paper, I love the books, and I love the web site. =
Honestly&#8230; as corny
as that sounds, every day I wake up early so I can read my paper and =
learn more
about stocks. I am enormously grateful to have found it. I began =
searching about
four years ago for a way to understand stocks. It was a complete mystery =
to me;
I had never bought a stock, I did not know the slightest thing about how =
or why
to buy or sell. <span style=3D"mso-spacerun: yes">&nbsp;</span>To give =
you an
idea of just how little I knew; I did not even know where to buy a share =
of
stock if I wanted to. The more I read about the process in the sources =
that
were available to me, the less I understood. My head was swimming with
conflicting information. I tried taking an online course with one =
company, only
to feel even dumber. I read some books. I tried a college course. I =
spoke with
friends. I read business newspapers. All of it was a complete waste of =
time. <o:p></o:p></span></font></span></p>

<p class=3DMsoNormal><span class=3DEmailStyle17><font size=3D4 =
color=3Dpurple
face=3D"Tempus Sans ITC"><span =
style=3D'font-size:14.0pt;mso-bidi-font-size:12.0pt'><![if =
!supportEmptyParas]>&nbsp;<![endif]><o:p></o:p></span></font></span></p>

<p class=3DMsoNormal><span class=3DEmailStyle17><font size=3D4 =
color=3Dpurple
face=3D"Tempus Sans ITC"><span =
style=3D'font-size:14.0pt;mso-bidi-font-size:12.0pt'>Then
I came across IBD. It was like lightning stuck. Of course I did not =
understand
much of what was being said, but reading what they offered it was clear =
to me
- -on an intuitive level- that this was what I was looking for. The tone =
was
matter of fact, and it said, over and over again, that I could do it, =
that it
was not rocket science, and that they would help. They said it was going =
to
take study and effort, but that it absolutely could be mastered, and =
they were
right. <o:p></o:p></span></font></span></p>

<p class=3DMsoNormal><span class=3DEmailStyle17><font size=3D4 =
color=3Dpurple
face=3D"Tempus Sans ITC"><span =
style=3D'font-size:14.0pt;mso-bidi-font-size:12.0pt'><![if =
!supportEmptyParas]>&nbsp;<![endif]><o:p></o:p></span></font></span></p>

<p class=3DMsoNormal><span class=3DEmailStyle17><font size=3D4 =
color=3Dpurple
face=3D"Tempus Sans ITC"><span =
style=3D'font-size:14.0pt;mso-bidi-font-size:12.0pt'>So,
every day, I read the paper and the books and the on line information =
and feel
delighted that the company exists. The cost seems insignificant for the =
product
offered; and I say this having not made any money (actually I have lost =
some) and
not being a rich man. I realize that my timing was exactly at the =
beginning of
the two+ year market decline. (</span></font></span><span =
class=3DEmailStyle17><font
size=3D2 color=3Dpurple><span =
style=3D'font-size:11.0pt;mso-bidi-font-size:12.0pt'>In
fact I feel personally responsible for it, having made the decision to =
learn
about stocks, it seems to me, is the very reason the markets have =
declined.)</span></font></span><span
class=3DEmailStyle17><font size=3D4 color=3Dpurple><span =
style=3D'font-size:14.0pt;
mso-bidi-font-size:12.0pt'>. <span style=3D"mso-spacerun: =
yes">&nbsp;</span>And I
am completely convinced that when the market turns (which it seems to =
have
done, at least for the time being) that I will profit from my efforts. =
When this
happens I will have only IBD to thank for my success. =
<o:p></o:p></span></font></span></p>

<p class=3DMsoNormal><span class=3DEmailStyle17><font size=3D4 =
color=3Dpurple
face=3D"Tempus Sans ITC"><span =
style=3D'font-size:14.0pt;mso-bidi-font-size:12.0pt'><![if =
!supportEmptyParas]>&nbsp;<![endif]><o:p></o:p></span></font></span></p>

<p class=3DMsoNormal><span class=3DEmailStyle17><font size=3D4 =
color=3Dpurple
face=3D"Tempus Sans ITC"><span =
style=3D'font-size:14.0pt;mso-bidi-font-size:12.0pt'>So,
I wanted to put my two cents into the pot and offer another view from =
the one I
hear most often expressed on in this forum. =
<o:p></o:p></span></font></span></p>

<p class=3DMsoNormal><span class=3DEmailStyle17><font size=3D4 =
color=3Dpurple
face=3D"Tempus Sans ITC"><span =
style=3D'font-size:14.0pt;mso-bidi-font-size:12.0pt'><![if =
!supportEmptyParas]>&nbsp;<![endif]><o:p></o:p></span></font></span></p>

<p class=3DMsoNormal><span class=3DEmailStyle17><font size=3D4 =
color=3Dpurple
face=3D"Tempus Sans ITC"><span =
style=3D'font-size:14.0pt;mso-bidi-font-size:12.0pt'>Also,
I would like to thank everyone on this list for all of the insights and =
information
offered. Reading your comments and ideas has helped me a great deal. =
<o:p></o:p></span></font></span></p>

<p class=3DMsoNormal><span class=3DEmailStyle17><font size=3D4 =
color=3Dpurple
face=3D"Tempus Sans ITC"><span =
style=3D'font-size:14.0pt;mso-bidi-font-size:12.0pt'><![if =
!supportEmptyParas]>&nbsp;<![endif]><o:p></o:p></span></font></span></p>

<p class=3DMsoNormal><span class=3DEmailStyle17><font size=3D4 =
color=3Dpurple
face=3D"Tempus Sans ITC"><span =
style=3D'font-size:14.0pt;mso-bidi-font-size:12.0pt'>I
wish everyone a great Thanksgiving. <o:p></o:p></span></font></span></p>

<p class=3DMsoNormal><span class=3DEmailStyle17><font size=3D4 =
color=3Dpurple
face=3D"Tempus Sans ITC"><span =
style=3D'font-size:14.0pt;mso-bidi-font-size:12.0pt'>Mark
<o:p></o:p></span></font></span></p>

<p class=3DMsoNormal><font size=3D3 color=3Dblack face=3D"Tempus Sans =
ITC"><span
style=3D'font-size:12.0pt;color:black'><![if =
!supportEmptyParas]>&nbsp;<![endif]></span></font><font
color=3Dblack><span =
style=3D'color:black;mso-color-alt:windowtext'><o:p></o:p></span></font><=
/p>

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