Re: [CANSLIM] State of the "M"

From: "Jeff Salisbury" <jeff.salisbury@sdl.usu.edu>
Subject: Re: [CANSLIM] State of the "M"
Date: Sat, 14 Nov 1998 16:53:00 +0100

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Maybe I'm not patient enough? But I didn't get a answer, except from the
regulars, re: Distribution days.

This is not directed to DB, Jeffry or others who did respond, but to all
the rest of the 700+ CS list subscribers.

Are you guys tracking the market indices every day as WON says you should?

If not, why not? Is WON wrong? You don't consider it CANSLIM? Or are you
just to busy or lazy? (Talk about being direct...)

Do those who do track 'M" per WON's techniques have specific reasons for
not sharing their knowledge or observations? 

I noticed that when the list decided to get back to what it is intended
for, i.e. CAN SLIM, several members huried out of their foxholes to
critique those who had done 'unacceptable' things on this list. Where are
you now? (No need to become offensive, Johan. Says who?)

These are simple questions for your average CANSLIMer, no? 

Here are the questions again:

Which distribution days have you found? Which time frame do you consider
relevant for those distribution days? Is the market now considered to be
under distribution and in a downtrend?


As a reminder in case you had forgotten:

WON wrote:

"
The reason you need to carefully evaluate these indexes is that when they top,
turn down and go into a significant decline, three out of four stocks, whether
you think they're good or bad, will follow the market's trend and drop in
price. 
"

Johan (So you thought the CANSLIM police was 'bad'? Get ready for the
CANSLIM sentry from hell.)







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