Re: [CANSLIM] M

From: "Peter D. Christiansen" <peterc@loxinfo.co.th>
Subject: Re: [CANSLIM] M
Date: Thu, 04 May 2000 18:28:43 +0700

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I was quickly stopped out of all three of my buys since the follow through
day.  Back to 100% cash, and feeling very wary of this market.

Earl Setser wrote:

> 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.
>
> -

- --
Peter D Christiansen
Chiang Mai,
Thailand

<*> "Neither life nor happiness can be achieved by the pursuit of irrational
whims. Just as man is free to attempt to survive by any random means, as a
parasite, a moocher or a looter, but not free to succeed at it beyond the range
of the moment - so he is free to seek his happiness in any irrational fraud,
any whim, any delusion, any mindless escape from reality, but not free to
succeed at it beyond the range of the moment nor to escape the consequences."
- -- "The Objectivist Ethics," The Virtue Of Selfishness <*>



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