Re: M, was [CANSLIM] Going to Cash

From: "Rolf Hertenstein" <rolfh@mindspring.com>
Subject: Re: M, was [CANSLIM] Going to Cash
Date: Fri, 1 Aug 2003 17:42:21 -0600

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To me it looks like the rally's got a mild flu rather than anything
terminal.  Most distribution day have seen indices down < 1%, and there are
about as many accumulation days (mostly also with gains < 1%).  I did a
simple average of up/down volume in the past 3 weeks and both the NYSE and
NASD were about 1.3.  The advance/decline 3-week average is about 1.2 on the
NASD and 0.95 on the NYSE.  Not sure if these averages mean anything.

Anyway, I'm cautious and ready to pull the plug, but haven't felt compelled
to yet!

 Rolf

- ----- Original Message -----
From: "Kelly Short" <kelly.short@fw.us.neoris.com>
To: <canslim@lists.xmission.com>
Sent: Friday, August 01, 2003 7:22 AM
Subject: RE: [CANSLIM] Going to Cash

To keep this thread on the topic of CANSLIM...has anyone in the group
recently gone to cash considering M's recent action? (I'm not saying its
right or wrong...)

Kelly



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