RE: [CANSLIM] Market indicators

From: "Katherine Malm" <kmalm@earthlink.net>
Subject: RE: [CANSLIM] Market indicators
Date: Wed, 13 Aug 2003 15:29:58 -0500
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Hi Jeff,

I think the simpler the approach to monitoring market health the better. This is
based on the approach that it is a "market of stocks" not a "stock market."

The "market" from my perspective is "the CANSLIM market." In other words, "is
the market favorable toward growth stocks?" If it's favorable, I'm long. If it's
unfavorable, I'm short.

Number of fresh breakouts.
Number of failed breakouts.
How are my holdings doing?
How are the leaders doing?
How are the major indexes as a whole doing?
How is the overall technical condition of the underlying stocks in the Market
(including number of new highs vs. new lows)?

Katherine
  -----Original Message-----
  From: owner-canslim@lists.xmission.com
[mailto:owner-canslim@lists.xmission.com]On Behalf Of Jeff Henderson
  Sent: Wednesday, August 13, 2003 4:24 AM
  To: Canslim
  Subject: [CANSLIM] Market indicators


  What if your opinions would be the best or at least a good technical indicator
for M performance?  What do you think about TRIN?



  Jeff

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<DIV><SPAN class=3D421002218-13082003>Hi Jeff,</SPAN></DIV>
<DIV><SPAN class=3D421002218-13082003></SPAN>&nbsp;</DIV>
<DIV><SPAN class=3D421002218-13082003>I think the simpler the approach =
to=20
monitoring market health the better. This is based on the approach that =
it is a=20
"market of stocks" not a "stock market."</SPAN></DIV>
<DIV><SPAN class=3D421002218-13082003></SPAN>&nbsp;</DIV>
<DIV><SPAN class=3D421002218-13082003>The "market" from my perspective =
is "the=20
CANSLIM market." In other words, "is the market favorable toward growth =
stocks?"=20
If it's favorable, I'm long. If it's unfavorable, I'm =
short.</SPAN></DIV>
<DIV><SPAN class=3D421002218-13082003></SPAN>&nbsp;</DIV>
<DIV><SPAN class=3D421002218-13082003>Number of fresh =
breakouts.</SPAN></DIV>
<DIV><SPAN class=3D421002218-13082003>Number of failed =
breakouts.</SPAN></DIV>
<DIV><SPAN class=3D421002218-13082003>How are my holdings =
doing?</SPAN></DIV>
<DIV><SPAN class=3D421002218-13082003>How are the leaders =
doing?</SPAN></DIV>
<DIV><SPAN class=3D421002218-13082003>How are the major indexes as a =
whole=20
doing?</SPAN></DIV>
<DIV><SPAN class=3D421002218-13082003>How is the overall technical =
condition of=20
the underlying stocks in the Market (including n<SPAN=20
class=3D421002218-13082003>umber of new highs vs. new =
lows)?</SPAN></SPAN></DIV>
<DIV><SPAN class=3D421002218-13082003></SPAN>&nbsp;</DIV>
<DIV><SPAN class=3D421002218-13082003>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> Wednesday, August 13, 2003 4:24 =
AM<BR><B>To:</B>=20
  Canslim<BR><B>Subject:</B> [CANSLIM] Market =
indicators<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">What if your opinions =
would be the=20
  best or at least a good technical indicator for M performance?<SPAN=20
  style=3D"mso-spacerun: yes">&nbsp; </SPAN>What do you think about=20
  TRIN?<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<o:p></o:p></SPAN></FONT></P></DIV></BLOCKQUOTE></BODY></HTML>=


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