[CANSLIM] Exchange Traded Stocks

From: Chazmoore@aol.com
Subject: [CANSLIM] Exchange Traded Stocks
Date: Wed, 11 Jun 2003 10:52:08 EDT

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Here is a tip that may be of use to someone.

CANSLIMERs know the importance of keeping up with the rotation of industry 
groups. It reminds me of a boiling pot of water. The molecules on the bottom get 
hot, move to the top, burst into steam, and the cool residual falls back to 
the bottom to start the process all over again. It seems to mean industry 
groups behave similarly about every 90 days.

Exchange trade mutual funds have been created to reflect many of the major 
industry segments. For example, the QQQ represent 100 of the largest technology 
companies. There are also funds that mirror the Russell 2000. What I have done 
is set up a "virtual" portfolio of Exchange Traded mutual funds so I can 
follow their daily price movement. I believe this will give me concrete evidence 
of the popularity of the groups I selected.

You can set up a portfolio of your own by going to www.Island.com and 
reviewing the selection available.

Charley

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<HTML><FONT FACE=3Darial,helvetica><FONT  SIZE=3D2>Here is a tip that may be=
 of use to someone.
<BR>
<BR>CANSLIMERs know the importance of keeping up with the rotation of indust=
ry groups. It reminds me of a boiling pot of water. The molecules on the bot=
tom get hot, move to the top, burst into steam, and the cool residual falls=20=
back to the bottom to start the process all over again. It seems to mean ind=
ustry groups behave similarly about every 90 days.
<BR>
<BR>Exchange trade mutual funds have been created to reflect many of the maj=
or industry segments. For example, the QQQ represent 100 of the largest tech=
nology companies. There are also funds that mirror the Russell 2000. What I=20=
have done is set up a "virtual" portfolio of Exchange Traded mutual funds so=
 I can follow their daily price movement. I believe this will give me concre=
te evidence of the popularity of the groups I selected.
<BR>
<BR>You can set up a portfolio of your own by going to www.Island.com and re=
viewing the selection available.
<BR>
<BR>Charley</FONT></HTML>

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