Go to Jeff Salisbury LWGate Home Page.From: Gene Ricci <genr@swbell.net>
Subject: Re: [CANSLIM] M
Date: Tue, 11 Mar 2003 15:33:56 -0600
Next Article (by Date): Re: [CANSLIM] M "Tom Worley"
Previous Article (by Date): RE: [CANSLIM] M "Katherine Malm"
Top of Thread: Re: [CANSLIM] M Marc Deiter
Next in Thread: Re: [CANSLIM] M "Tom Worley"
Articles sorted by: [Date]
[Author]
[Subject]
This is a multi-part message in MIME format. - ------=_NextPart_000_0087_01C2E7E3.A0E945F0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Tom, thanks for your insight. I attended a small seminar by Rittenhouse and they showed how well the market did after wars. I plan to forward it as soon as I get it. Bottom line, their data showed that being in the market (post war) ... was good! Gene ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, March 11, 2003 2:28 PM Subject: Re: [CANSLIM] M Ian, My impression of the past weeks is that buyers are disappearing. So I = would read those up days as meaning sellers were not as motivated due = external reasons (no bad economic reports, some lessening in the immediacy of = war with Iraq, etc.). The down days therefore appear to me to be days when = the sellers were more motivated to sell, and buyers were still absent. I do find it encouraging that so far the sellers, even with the = absence of significant buying, have not done more damage to the indexes. Best parallel I can suggest would be to study the indexes during the = months leading up to Desert Storm beginning (mid Jan 1991 when the air war = phase was launched) ----- Original Message ----- From: "Ian" <ianstm@shaw.ca> To: <canslim@lists.xmission.com> Sent: Tuesday, March 11, 2003 3:38 PM Subject: [CANSLIM] M Hi all: I was just looking at a chart of QQQ (NASDAQ-100) and noticed an odd pattern: Over the last 3 weeks (Since Feb 18 - 16 trading days) the QQQ's have = had 6 days of increasing, above-average volume. On each of these 6 days, the = index went up. On nine of the ten days of declining, below-average volume, = the index went down. Overall, the QQQ is down about 5% (from 25.25 to 24) over those 16 = days. Does anyone recognize this pattern and know if there are historical precedents for the likely direction from here? Dp all these volume = days with no 'breakout' forward progress indicate distribution? Thanks, Ian - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. - ------=_NextPart_000_0087_01C2E7E3.A0E945F0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable <!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> <HTML><HEAD> <META http-equiv=3DContent-Type content=3D"text/html; = charset=3Diso-8859-1"> <META content=3D"MSHTML 5.50.4916.2300" name=3DGENERATOR> <STYLE></STYLE> </HEAD> <BODY bgColor=3D#ffffff> <DIV><FONT face=3D"Comic Sans MS">Tom, thanks for your insight. I = attended a small=20 seminar by</FONT></DIV> <DIV><FONT face=3D"Comic Sans MS">Rittenhouse and they showed how well = the market=20 did after</FONT></DIV> <DIV><FONT face=3D"Comic Sans MS">wars. I plan to forward it as soon as = I get it.=20 Bottom line, their</FONT></DIV> <DIV><FONT face=3D"Comic Sans MS">data showed that being in the market = (post war)=20 ... was good!</FONT></DIV> <DIV><FONT face=3D"Comic Sans MS"></FONT> </DIV> <DIV><FONT face=3D"Comic Sans MS">Gene</FONT></DIV> <BLOCKQUOTE=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=3Dstkguru@bellsouth.net = href=3D"mailto:stkguru@bellsouth.net">Tom=20 Worley</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>= </DIV> <DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Tuesday, March 11, 2003 = 2:28=20 PM</DIV> <DIV style=3D"FONT: 10pt arial"><B>Subject:</B> Re: [CANSLIM] M</DIV> <DIV><BR></DIV>Ian,<BR><BR>My impression of the past weeks is that = buyers are=20 disappearing. So I would<BR>read those up days as meaning sellers were = not as=20 motivated due external<BR>reasons (no bad economic reports, some = lessening in=20 the immediacy of war<BR>with Iraq, etc.). The down days therefore = appear to me=20 to be days when the<BR>sellers were more motivated to sell, and buyers = were=20 still absent.<BR><BR>I do find it encouraging that so far the sellers, = even=20 with the absence of<BR>significant buying, have not done more damage = to the=20 indexes.<BR><BR>Best parallel I can suggest would be to study the = indexes=20 during the months<BR>leading up to Desert Storm beginning (mid Jan = 1991 when=20 the air war phase<BR>was launched)<BR><BR>----- Original Message=20 -----<BR>From: "Ian" <<A=20 href=3D"mailto:ianstm@shaw.ca">ianstm@shaw.ca</A>><BR>To: <<A=20 = href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>= ><BR>Sent:=20 Tuesday, March 11, 2003 3:38 PM<BR>Subject: [CANSLIM] M<BR><BR><BR>Hi=20 all:<BR><BR>I was just looking at a chart of QQQ (NASDAQ-100) and = noticed an=20 odd<BR>pattern:<BR><BR>Over the last 3 weeks (Since Feb 18 - 16 = trading days)=20 the QQQ's have had 6<BR>days of increasing, above-average volume. On = each of=20 these 6 days, the index<BR>went up. On nine of the ten days of = declining,=20 below-average volume, the<BR>index went down.<BR><BR>Overall, the QQQ = is down=20 about 5% (from 25.25 to 24) over those 16 days.<BR><BR>Does anyone = recognize=20 this pattern and know if there are historical<BR>precedents for the = likely=20 direction from here? Dp all these volume days with<BR>no 'breakout' = forward=20 progress indicate=20 distribution?<BR><BR>Thanks,<BR><BR>Ian<BR><BR><BR><BR>-<BR>-To=20 subscribe/unsubscribe, email "<A=20 = href=3D"mailto:majordomo@xmission.com">majordomo@xmission.com</A>"<BR>-In= the=20 email body, write "subscribe canslim" or<BR>-"unsubscribe = canslim". Do=20 not use quotes in your email.<BR><BR><BR><BR>-<BR>-To = subscribe/unsubscribe,=20 email "<A=20 = href=3D"mailto:majordomo@xmission.com">majordomo@xmission.com</A>"<BR>-In= the=20 email body, write "subscribe canslim" or<BR>-"unsubscribe = canslim". Do=20 not use quotes in your email.<BR></BLOCKQUOTE></BODY></HTML> - ------=_NextPart_000_0087_01C2E7E3.A0E945F0-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email.
Next Article (by Date): Re: [CANSLIM] M "Tom Worley"
Previous Article (by Date): RE: [CANSLIM] M "Katherine Malm"
Top of Thread: Re: [CANSLIM] M Marc Deiter
Next in Thread: Re: [CANSLIM] M "Tom Worley"
Articles sorted by: [Date]
[Author]
[Subject]