Go to Jeff Salisbury LWGate Home Page.From: "david frank" <camelot.homes@charter.net>
Subject: Re: [CANSLIM] POSS
Date: Fri, 21 Feb 2003 18:44:59 -0600
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Joe, I agree with you. There are a lot of systems out there being touted =
and 99.5% will not make you any money, including canslim, at this point. =
I'm glad that you learnt money management. I believe Marty Schwartz said =
in the first Market Wizard book, that money management, money =
management, money management is the most important thing to learn about =
stock investment. He also wrote, Pit Bull, which is a good book. I =
believe the 8% sell rule is too high, and believe WON has lessen it to =
5%, which for me is still too high. I have developed a day trading =
system, for myself, that makes me some bucks. I wish there was a true =
bull market, but I'm afraid this bear market might last for some time. I =
love canslim, after looking at all the other systems. Dave
----- Original Message -----=20
From: Joe McCall=20
To: canslim@lists.xmission.com=20
Sent: Friday, February 21, 2003 6:11 PM
Subject: Re: [CANSLIM] POSS
Dave,
If CANSLIM hasn't worked for at least keeping your losses at a =
minimum, please enlighten us on what you think has worked in the last 3 =
years. The beauty of CANSLIM in this bear market is the 8% sell rule. =
How can that be sick? My returns haven't been great, but I have never =
been down more than 4% in my portfolio.
Joe
----- Originadl Message -----=20
From: david frank=20
To: canslim@lists.xmission.com=20
Sent: Friday, February 21, 2003 5:01 PM
Subject: Re: [CANSLIM] POSS
Seems to me CANSLIM has come out of hibernation approximately 15 =
times in the past 3 years and got shot back in it's hole each time, =
thereby, making it a sick system. that is why I said it is pretty well =
dead. Even your personal target is not within CANSLIM guide-lines. Dave
From: Chazmoore@aol.com=20
To: canslim@lists.xmission.com=20
Sent: Friday, February 21, 2003 4:48 PM
Subject: Re: [CANSLIM] POSS
By definition, CANSLIM is bull market investment method. If you =
follow CANSLIM to the letter you should be out of the market and in cash =
or fixed income. CANSLIM is not dead, it is in hibernation until the =
market improves. When will that be? My personal target is when the S&P =
500 crosses the 200 DMA with vigor.=20
Charley
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<DIV><FONT face=3DArial size=3D2>Joe, I agree with you. There are a lot =
of systems=20
out there being touted and 99.5% will not make you any money, including =
canslim,=20
at this point. I'm glad that you learnt money management. I believe =
Marty=20
Schwartz said in the first Market Wizard book, that =
money management, money=20
management, money management is the most important thing to learn about =
stock=20
investment. He also wrote, Pit Bull, which is a good book. I believe the =
8% sell=20
rule is too high, and believe WON has lessen it to 5%, which for me is =
still too=20
high. I have developed a day trading system, for myself, that makes me =
some=20
bucks. I wish there was a true bull market, but I'm afraid this bear =
market=20
might last for some time. I love canslim, after looking at all the other =
systems. Dave</FONT></DIV>
<BLOCKQUOTE dir=3Dltr=20
style=3D"PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; =
BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
<DIV style=3D"FONT: 10pt arial">----- Original Message ----- </DIV>
<DIV=20
style=3D"BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: =
black"><B>From:</B>=20
<A title=3Djvmccall@yahoo.com href=3D"mailto:jvmccall@yahoo.com">Joe =
McCall</A>=20
</DIV>
<DIV style=3D"FONT: 10pt arial"><B>To:</B> <A =
title=3Dcanslim@lists.xmission.com=20
=
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
</DIV>
<DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Friday, February 21, 2003 =
6:11=20
PM</DIV>
<DIV style=3D"FONT: 10pt arial"><B>Subject:</B> Re: [CANSLIM] =
POSS</DIV>
<DIV><BR></DIV>
<DIV><FONT face=3DTahoma size=3D2>Dave,</FONT></DIV>
<DIV><FONT face=3DTahoma size=3D2></FONT> </DIV>
<DIV><FONT face=3DTahoma size=3D2>If CANSLIM hasn't worked for at =
least keeping your losses at a minimum, please enlighten us on =
what you=20
think has worked in the last 3 years. The beauty of CANSLIM in =
this bear=20
market is the 8% sell rule. How can that be sick? My =
returns=20
haven't been great, but I have never been down more than 4% in my=20
portfolio.</FONT></DIV>
<DIV><FONT face=3DTahoma size=3D2></FONT> </DIV>
<DIV><FONT face=3DTahoma size=3D2>Joe</FONT></DIV>
<DIV><FONT face=3DTahoma size=3D2></FONT> </DIV>
<BLOCKQUOTE dir=3Dltr=20
style=3D"PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; =
BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
<DIV style=3D"FONT: 10pt arial">----- Originadl Message ----- </DIV>
<DIV=20
style=3D"BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: =
black"><B>From:</B>=20
<A title=3Dcamelot.homes@charter.net=20
href=3D"mailto:camelot.homes@charter.net">david frank</A> </DIV>
<DIV style=3D"FONT: 10pt arial"><B>To:</B> <A =
title=3Dcanslim@lists.xmission.com=20
=
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
=20
</DIV>
<DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Friday, February 21, =
2003 5:01=20
PM</DIV>
<DIV style=3D"FONT: 10pt arial"><B>Subject:</B> Re: [CANSLIM] =
POSS</DIV>
<DIV><FONT face=3DTahoma size=3D2></FONT><FONT face=3DTahoma=20
size=3D2></FONT><BR></DIV>
<DIV><FONT face=3DArial size=3D2>Seems to me CANSLIM has come out of =
hibernation=20
approximately 15 times in the past 3 years and got shot back in it's =
hole=20
each time, thereby, making it a sick system. that is why I said it =
is pretty=20
well dead. Even your personal target is not within CANSLIM =
guide-lines.=20
Dave</FONT></DIV>
<BLOCKQUOTE=20
style=3D"PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; =
BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
<DIV=20
style=3D"BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: =
black"><B>From:</B>=20
<A title=3DChazmoore@aol.com=20
href=3D"mailto:Chazmoore@aol.com">Chazmoore@aol.com</A> </DIV>
<DIV style=3D"FONT: 10pt arial"><B>To:</B> <A=20
title=3Dcanslim@lists.xmission.com=20
=
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
=20
</DIV>
<DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Friday, February 21, =
2003 4:48=20
PM</DIV>
<DIV style=3D"FONT: 10pt arial"><B>Subject:</B> Re: [CANSLIM] =
POSS</DIV>
<DIV><BR></DIV><FONT face=3Darial,helvetica><FONT size=3D2>By =
definition,=20
CANSLIM is bull market investment method. If you follow CANSLIM to =
the=20
letter you should be out of the market and in cash or fixed =
income.=20
CANSLIM is not dead, it is in hibernation until the market =
improves. When=20
will that be? My personal target is when the S&P 500 crosses =
the 200=20
DMA with vigor. <BR>Charley</FONT>=20
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Next Article (by Subject): Re: [CANSLIM] POSS "Roger"
Previous Article (by Subject): Re: [CANSLIM] POSS "Joe McCall"
Top of Thread: Re: [CANSLIM] POSS "david frank"
Next in Thread: Re: [CANSLIM] POSS "Roger"
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