Re: [CANSLIM] Where's the Santa Claus rally?


From: "Tom Worley" <stkguru@bellsouth.net>
Subject: Re: [CANSLIM] Where's the Santa Claus rally?
Date: Sat, 21 Dec 2002 07:59:31 -0500

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Hi Fred,

Best reason I found for Friday's rally was the major brokerage houses =
settling with the NY State Attorney over their biased research and =
reports. Of course, they still have to settle up with the investors that =
bought stocks based on those bogus recommendations.

- ----- Original Message -----=20
From: Fred Richards=20
To: canslim@lists.xmission.com=20
Sent: Saturday, December 21, 2002 7:49 AM
Subject: [CANSLIM] Where's the Santa Claus rally?


Has the Santa Claus rally fizzled?

While the indices were in positive territory on Friday in higher volume, =
the number of "A" rated stocks in the IBD Acc/Dis ratings continued to =
decline?

The rally on Friday may have been due more to short covering, triple =
option expiration factors and reaction to the resignation of Senator =
Lott than a belief that the economy is getting better!

We have posted the updated Acc/Dis charts and they are available at:

http://www.adrich.com/SI/Info/A's.htm

Hope that you have a great Holiday Season!


- -------------------------------------------------------------------------=
- -------


Fred Richards

Corruptisima republica plurimae leges.  [The more corrupt a republic, =
the more laws.]  - - Tacitus, Annuals III 27

www.adrich.com

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<DIV><FONT face=3DArial>Hi Fred,</FONT></DIV>
<DIV><FONT face=3DArial></FONT>&nbsp;</DIV>
<DIV><FONT face=3DArial>Best reason I found for Friday's rally was the =
major=20
brokerage houses settling with the NY State Attorney over their biased =
research=20
and reports. Of course, they still have to settle up with the investors =
that=20
bought stocks based on those bogus recommendations.</FONT></DIV>
<DIV>&nbsp;</DIV>
<DIV style=3D"FONT: 10pt arial">----- Original Message -----=20
<DIV style=3D"BACKGROUND: #e4e4e4; font-color: black"><B>From:</B> <A=20
title=3Dffradrich@attbi.com href=3D"mailto:ffradrich@attbi.com">Fred =
Richards</A>=20
</DIV>
<DIV><B>To:</B> <A title=3Dcanslim@lists.xmission.com=20
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
 </DIV>
<DIV><B>Sent:</B> Saturday, December 21, 2002 7:49 AM</DIV>
<DIV><B>Subject:</B> [CANSLIM] Where's the Santa Claus =
rally?</DIV></DIV>
<DIV><BR></DIV>
<DIV><FONT face=3DArial size=3D2><SPAN class=3D700114612-21122002>Has =
the Santa Claus=20
rally fizzled?</SPAN></FONT></DIV>
<DIV><FONT face=3DArial size=3D2><SPAN=20
class=3D700114612-21122002></SPAN></FONT>&nbsp;</DIV>
<DIV><FONT face=3DArial size=3D2><SPAN class=3D700114612-21122002>While =
the indices=20
were in positive territory on Friday in higher volume, the number of "A" =
rated=20
stocks in the IBD Acc/Dis ratings continued to =
decline?</SPAN></FONT></DIV>
<DIV><FONT face=3DArial size=3D2><SPAN=20
class=3D700114612-21122002></SPAN></FONT>&nbsp;</DIV>
<DIV><FONT face=3DArial size=3D2><SPAN class=3D700114612-21122002>The =
rally on Friday=20
may have been due more to short covering, triple option expiration =
factors and=20
reaction to the resignation of Senator Lott than a belief that the =
economy is=20
getting better!</SPAN></FONT></DIV>
<DIV><FONT face=3DArial size=3D2><SPAN=20
class=3D700114612-21122002></SPAN></FONT>&nbsp;</DIV>
<DIV><FONT face=3DArial size=3D2><SPAN class=3D700114612-21122002>We =
have posted the=20
updated Acc/Dis charts and they are available at:</SPAN></FONT></DIV>
<DIV><FONT face=3DArial size=3D2><SPAN=20
class=3D700114612-21122002></SPAN></FONT>&nbsp;</DIV>
<DIV><FONT face=3DArial size=3D2><SPAN class=3D700114612-21122002><A=20
href=3D"http://www.adrich.com/SI/Info/A's.htm">http://www.adrich.com/SI/I=
nfo/A's.htm</A></SPAN></FONT></DIV>
<DIV><FONT face=3DArial size=3D2><SPAN=20
class=3D700114612-21122002></SPAN></FONT>&nbsp;</DIV>
<DIV><FONT face=3DArial size=3D2><SPAN class=3D700114612-21122002>Hope =
that you have a=20
great Holiday Season!</SPAN></FONT></DIV>
<DIV><FONT face=3DArial size=3D2><SPAN=20
class=3D700114612-21122002></SPAN></FONT>&nbsp;</DIV>
<DIV><FONT face=3DArial size=3D2><SPAN class=3D700114612-21122002>
<HR>
</SPAN></FONT></DIV>
<DIV><FONT face=3DArial size=3D2><SPAN=20
class=3D700114612-21122002></SPAN></FONT>&nbsp;</DIV>
<DIV><FONT face=3DArial size=3D2>Fred Richards</FONT></DIV>
<DIV>&nbsp;</DIV>
<DIV><FONT face=3DArial size=3D2>Corruptisima republica plurimae =
leges.&nbsp; [The=20
more corrupt a republic, the more laws.]&nbsp; - - Tacitus, Annuals III=20
27</FONT></DIV>
<DIV>&nbsp;</DIV>
<DIV><FONT face=3DArial size=3D2><A=20
href=3D"http://www.adrich.com/">www.adrich.com</A></FONT></DIV>
<DIV>&nbsp;</DIV></BODY></HTML>

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