Re: [CANSLIM] IBD

From: "Patrick Wahl" <pjwahl@attbi.com>
Subject: Re: [CANSLIM] IBD
Date: Sun, 24 Nov 2002 12:46:41 -0700

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I think you are correct, its generally a pretty useful paper.  My one big beef 
has been the Investors Corner picking out some charts and making very 
questionable statements about the pattern, it sometimes seems they have 
tried to have an explanation for every breakout and every failure when 
sometimes the only way to explain one breakout is to contradict something 
they pointed out in a failed breakout.  (like - see, the breakout failed 
because it didn't have a handle, but... sometimes a stock will breakout 
without forming a handle, so be ready for those too)

On 24 Nov 2002 at 5:21, Tom Worley wrote:

> 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. 

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