Re: [CANSLIM] "old criteria" FTD

From: "Tom Worley" <stkguru@bellsouth.net>
Subject: Re: [CANSLIM] "old criteria" FTD
Date: Sat, 22 Feb 2003 23:29:43 -0500

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MessageI don't bother raising the yellow flag anymore, I just nailed it =
to the rooftop. Until the Iraqi war issue is resolved one way or =
another, it stays there.

- ----- Original Message -----=20
From: Rolf Hertenstein=20
To: canslim@lists.xmission.com=20
Sent: Saturday, February 22, 2003 11:32 PM
Subject: [CANSLIM] "old criteria" FTD


Looks to me like Friday was a 1.3% gain on higher volume on both the DOW =
and S&P500 on day 5 of an attempted rally.  The NASD didn't join the =
fun.  This follows Thursday's distribution day on all three averages =
though.

As I recall, one distribution day doesn't kill an attempted rally, just =
puts up a yellow or red flag, correct?  (I have no plans to go on a =
buying frenzy Monday).

 Rolf
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<DIV><FONT face=3DArial>I don't bother raising the yellow flag anymore, =
I just=20
nailed it to the rooftop. Until the Iraqi war issue is resolved one way =
or=20
another, it stays there.</FONT></DIV>
<DIV><FONT face=3DArial></FONT>&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=3Drolfh@mindspring.com href=3D"mailto:rolfh@mindspring.com">Rolf=20
Hertenstein</A> </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, February 22, 2003 11:32 PM</DIV>
<DIV><B>Subject:</B> [CANSLIM] "old criteria" FTD</DIV></DIV>
<DIV><BR></DIV>
<DIV><FONT face=3DArial size=3D2>Looks to me like Friday was a 1.3% gain =
on higher=20
volume on both the DOW and S&amp;P500 on day 5 of an attempted =
rally.&nbsp; The=20
NASD didn't join the fun.&nbsp; This follows Thursday's distribution day =
on all=20
three averages though.</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT>&nbsp;</DIV>
<DIV><FONT face=3DArial size=3D2>As I recall, one distribution day =
doesn't kill an=20
attempted rally, just puts up a yellow or red flag, correct?&nbsp; (I =
have no=20
plans to go on a buying frenzy Monday).</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT>&nbsp;</DIV>
<DIV><FONT face=3DArial size=3D2>&nbsp;Rolf</FONT></DIV></BODY></HTML>

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