Re: [CANSLIM] New to the group

From: "Patrick Wahl" <pjwahl@attbi.com>
Subject: Re: [CANSLIM] New to the group
Date: Mon, 27 Jan 2003 18:14:23 -0700

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On 25 Jan 2003 at 21:13, Rolf Hertenstein wrote:

>   But if you're saying weak technical behavior
> somehow is an indication of weak fundies ahead, you lost me.  The only link I
> can see there is if some big investors are better at foreseeing lower future
> earning trends and start selling.

I suppose fund managers who are diligent about staying on top of things 
along with insiders who obviously know when things are going to worsen 
are the main shareholders who would sell before bad news is generally 
known to the public.  There are many examples where a stock went down 
well ahead of a visible change in fundamentals.  Enron is a good example, 
too bad we can't see the chart anymore.  

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