RE: [CANSLIM] a random thought

From: "Katherine Malm" <kmalm@earthlink.net>
Subject: RE: [CANSLIM] a random thought
Date: Mon, 11 Aug 2003 07:42:54 -0500
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Hi Jeff,

In my experience, the A/D is a decent tool when buying into a long position
(limiting buys to A, B or C) but it's a lousy indicator of tops. I remember in
the March of 2000 that all the top stocks still had an "A" rating long after
they'd crashed off their tops. The 13 weeks included in the indicator makes is a
lagging indicator in my mind, too slow to catch the very near term price action
in a stock that often triggers sell rules.

The IBD says they don't see it as a lagging indicator and that it is one of
their "fastest." Faster? Yes, faster than RS (52 weeks) or GRS (26 weeks), but
not "non-lagging" in my opinion.

Katherine
  -----Original Message-----
  From: owner-canslim@lists.xmission.com
[mailto:owner-canslim@lists.xmission.com]On Behalf Of Jeff Henderson
  Sent: Monday, August 11, 2003 6:27 AM
  To: Canslim
  Subject: [CANSLIM] a random thought


  I was thinking that accumulation/distributor indicator seems to be a valuable
tool if there is a lot (for lack of a better term) of institutional sponsorship.
What do y'all think?



  Jeff H.

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<DIV><SPAN class=3D296583712-11082003>Hi Jeff,</SPAN></DIV>
<DIV><SPAN class=3D296583712-11082003></SPAN>&nbsp;</DIV>
<DIV><SPAN class=3D296583712-11082003>In my experience, the A/D is a =
decent tool=20
when buying into a long position (limiting buys to A, B or C) but it's a =
lousy=20
indicator of tops. I remember in the March of 2000 that all the&nbsp;top =
stocks=20
still had an "A" rating long after they'd crashed off their tops. The 13 =
weeks=20
included in the indicator makes is a lagging indicator in my mind, too =
slow to=20
catch the very near term price action in a stock that often triggers =
sell=20
rules.</SPAN></DIV>
<DIV><SPAN class=3D296583712-11082003></SPAN>&nbsp;</DIV>
<DIV><SPAN class=3D296583712-11082003>The IBD says they don't see it as =
a lagging=20
indicator and that it is one of their "fastest." Faster? Yes, faster =
than RS (52=20
weeks) or GRS (26 weeks), but not "non-lagging" in my =
opinion.</SPAN></DIV>
<DIV><SPAN class=3D296583712-11082003></SPAN>&nbsp;</DIV>
<DIV><SPAN class=3D296583712-11082003>Katherine</SPAN></DIV>
<BLOCKQUOTE dir=3Dltr style=3D"MARGIN-RIGHT: 0px">
  <DIV class=3DOutlookMessageHeader dir=3Dltr align=3Dleft><FONT =
face=3DTahoma=20
  size=3D2>-----Original Message-----<BR><B>From:</B>=20
  owner-canslim@lists.xmission.com=20
  [mailto:owner-canslim@lists.xmission.com]<B>On Behalf Of </B>Jeff=20
  Henderson<BR><B>Sent:</B> Monday, August 11, 2003 6:27 =
AM<BR><B>To:</B>=20
  Canslim<BR><B>Subject:</B> [CANSLIM] a random =
thought<BR><BR></FONT></DIV>
  <DIV class=3DSection1>
  <P class=3DMsoNormal><FONT face=3DArial size=3D2><SPAN=20
  style=3D"FONT-SIZE: 10pt; FONT-FAMILY: Arial">I was thinking that=20
  accumulation/distributor indicator seems to be a valuable tool if =
there is a=20
  lot (for lack of a better term) of institutional sponsorship.<SPAN=20
  style=3D"mso-spacerun: yes">&nbsp; </SPAN>What do y&#8217;all =
think?<SPAN=20
  style=3D"mso-spacerun: yes">&nbsp; =
</SPAN><o:p></o:p></SPAN></FONT></P>
  <P class=3DMsoNormal><FONT face=3DArial size=3D2><SPAN=20
  style=3D"FONT-SIZE: 10pt; FONT-FAMILY: =
Arial"><o:p>&nbsp;</o:p></SPAN></FONT></P>
  <P class=3DMsoNormal><FONT face=3DArial size=3D2><SPAN=20
  style=3D"FONT-SIZE: 10pt; FONT-FAMILY: Arial">Jeff=20
  H.<o:p></o:p></SPAN></FONT></P></DIV></BLOCKQUOTE></BODY></HTML>

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