Re: [CANSLIM] M


From: AJAskey@aol.com
Subject: Re: [CANSLIM] M
Date: Sat, 23 Nov 2002 23:01:59 EST

Next Article (by Author): RE: [CANSLIM] sector identification "Curt Corley"
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Here's a question:  who are these 50% bullish advisors?  I can't find anyone 
who is really bullish.  Some, like me, are bullish now but will change in a 
heartbeat if M turns against us.  But who besides Joe Battapaglia is really 
bullish?  Don Hays says he is bullish be he has raise 11% cash in the past 
few months (data from his site at <A HREF="http://www.haysmarketfocus.com">http://www.haysmarketfocus.com</A>).

Could it be that these investment advisors are hurting for clients and would 
be committing career suicide by admitting bearishness?  How 'bout the AAII 
survey. I vote bearish in that every week because everyone likes the number 
low.  I'm just doing my part and I wonder how many are doing the same.  These 
two surveys appear to me to be one of the easiest things to game without fear 
of the SEC.

Andy

In a message dated 11/23/2002 7:35:08 PM Central Standard Time, 
Spencer48@aol.com writes:


> What gives me pause about the near future strength of the market is 
> this:  The Investor's Intelligence Bullish Advisors are at 50%; the Bearish 
> 
> Advisors are below 30%.  These %s are very near bearish levels (based on 
> past 
> experience with the percentages).  This indicator, by the way, is in a 
> graphic at the bottom of The Big Picture page in IBD.


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<HTML><FONT FACE=arial,helvetica><FONT  SIZE=2>Here's a question:&nbsp; who are these 50% bullish advisors?&nbsp; I can't find anyone who is really bullish.&nbsp; Some, like me, are bullish now but will change in a heartbeat if M turns against us.&nbsp; But who besides Joe Battapaglia is really bullish?&nbsp; Don Hays says he is bullish be he has raise 11% cash in the past few months (data from his site at <A HREF="http://www.haysmarketfocus.com">http://www.haysmarketfocus.com</A>).<BR>
<BR>
Could it be that these investment advisors are hurting for clients and would be committing career suicide by admitting bearishness?&nbsp; How 'bout the AAII survey. I vote bearish in that every week because everyone likes the number low.&nbsp; I'm just doing my part and I wonder how many are doing the same.&nbsp; These two surveys appear to me to be one of the easiest things to game without fear of the SEC.<BR>
<BR>
Andy<BR>
<BR>
In a message dated 11/23/2002 7:35:08 PM Central Standard Time, Spencer48@aol.com writes:<BR>
<BR>
<BR>
<BLOCKQUOTE TYPE=CITE style="BORDER-LEFT: #0000ff 2px solid; MARGIN-LEFT: 5px; MARGIN-RIGHT: 0px; PADDING-LEFT: 5px">What gives me pause about the near future strength of the market is <BR>
this:&nbsp; The Investor's Intelligence Bullish Advisors are at 50%; the Bearish <BR>
Advisors are below 30%.&nbsp; These %s are very near bearish levels (based on past <BR>
experience with the percentages).&nbsp; This indicator, by the way, is in a <BR>
graphic at the bottom of The Big Picture page in IBD.</BLOCKQUOTE><BR>
<BR>
</FONT></HTML>
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