RE: [CANSLIM] M

From: "mikelu" <mikelu@foxinternet.net>
Subject: RE: [CANSLIM] M
Date: Thu, 4 May 2000 02:34:46 -0700

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Here's the end of Marder's article today from TradingMarkets.com:

"Conclusion: What little leadership the market had evaporated Tuesday and
Wednesday. The intermediate-term trader who bought some of these breakouts
and likely got stopped out with small losses should continue to monitor his
or her list of favorites to see if they can rebuild themselves soon."

- -----Original Message-----
From: owner-canslim@lists.xmission.com
[mailto:owner-canslim@lists.xmission.com]On Behalf Of Earl Setser
Sent: Wednesday, May 03, 2000 5:52 PM
To: canslim@xmission.com
Subject: [CANSLIM] M


Well, another day, another dollar (gone).  Today looks like a distribution
day on the Nasdaq, so I feel this is a very bad sign.  Based on the
weakness on volume late yesterday, and further weakness today, I took a
small profit on my two positions, and went back to 100% cash.  Where is
everyone else at this point?  It seems we have quite a difference of %
invested at this point.

I find it interesting that IBD is so very cautious while Marder seems to be
jumping back in!  I think I'll go with IBD for this one.  Oh well, like I
love to say, "Easy come, Easier Go!"  Good luck all.


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