From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #2349 Reply-To: canslim Sender: owner-canslim-digest@lists.xmission.com Errors-To: owner-canslim-digest@lists.xmission.com Precedence: bulk Content-Transfer-Encoding: quoted-printable X-No-Archive: yes canslim-digest Tuesday, April 23 2002 Volume 02 : Number 2349 In this issue: [CANSLIM] markets Re: "M" (was Re: [CANSLIM] S&P 500 forecast) Re: [CANSLIM] WLP [CANSLIM] TASR Re: [CANSLIM] TASR B/O, foretelling the tale Re: "M" (was Re: [CANSLIM] S&P 500 forecast) ---------------------------------------------------------------------- Date: Tue, 23 Apr 2002 09:13:25 -0400 From: "Tom Worley" Subject: [CANSLIM] markets strong reversal in last half hour, looks like we open down instead of up, Europe heading south, Germany especially, and taking the rest of the continent with it watch your buy orders, as well as your sell stop orders, may be volatile this morning, especially if volume does not come in Tom Worley stkguru@bellsouth.net AIM: TexWorley - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Tue, 23 Apr 2002 09:17:48 -0400 From: "Tom Worley" Subject: Re: "M" (was Re: [CANSLIM] S&P 500 forecast) This is a multi-part message in MIME format. - ------=_NextPart_000_0277_01C1EAA7.BC3480C0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable MessageSimple, I am making money in my little niche, and beating every = major index hands down. Takes more work, but worth the effort, and I = like the challenge. Besides, money markets are so totally boring anyway. Tom Worley stkguru@bellsouth.net AIM: TexWorley - ----- Original Message -----=20 From: Duke Miller=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, April 23, 2002 9:13 AM Subject: RE: "M" (was Re: [CANSLIM] S&P 500 forecast) Since (and I agree) M is the most important letter in the alphabet, and = since it's as choppy and ill-defined as it is, and since it is often = ignored and overlooked, then I only have two questions? =20 1) What's to discuss? 2) Why are you fully invested under this cloud? WON says when M's like this the best tactic and virtue is patience. I = couldn't agree more. I continue to lurk and look at the future = potentials. Duke -----Original Message----- From: owner-canslim@lists.xmission.com = [mailto:owner-canslim@lists.xmission.com] On Behalf Of Tom Worley Sent: Tuesday, April 23, 2002 8:42 AM To: canslim@lists.xmission.com Subject: "M" (was Re: [CANSLIM] S&P 500 forecast) I would like to see some serious discussion here on "M". It is the = most important of the seven letters in CANSLIM, and is so often ignored = or overlooked.=20 The small caps continue to work for me, and I remain fully invested in = all accounts. Money appears to be shifting back from value to growth. = Volume appears to be picking up. But because I don't focus on the mid = caps, I often wonder what may also be happening there. Tom Worley stkguru@bellsouth.net AIM: TexWorley ----- Original Message -----=20 From: Hill, Ernie=20 To: 'canslim@lists.xmission.com'=20 Sent: Monday, April 22, 2002 12:07 PM Subject: RE: [CANSLIM] S&P 500 forecast Hi Tom, =20 It is purely my version of TA. It has really helped me in my trading. =20 I would not present these forecasts to the group if I were not = confident in them. My purpose in posting these forecasts is to give back = some value to a group that has given me value. Determining market = direction has not been very easy to do lately. It is my hope that as = some group members gain some confidence that I may actually know what I = am talking about that they could use these forecasts as another tool to = benefit them in their CANSLIM investments. =20 E =20 PS: Today is certainly not adding to my credibility J =20 -----Original Message----- From: Tom Worley [mailto:stkguru@bellsouth.net] Sent: Monday, April 22, 2002 7:16 AM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] S&P 500 forecast =20 I don't understand your reasoning for this, Ernie, but I would = certainly cheer 1238 on the S&P500 by then. =20 Tom Worley stkguru@bellsouth.net AIM: TexWorley ----- Original Message -----=20 From: Hill, Ernie=20 To: CANSLIM=20 Sent: Saturday, April 20, 2002 10:08 PM Subject: [CANSLIM] S&P 500 forecast =20 At this point in time I have two high probability projections for the = next major turning point in the S&P 500. The highest probability is for = a turning point on May 21, 2002 at a price level of 1200. The second = highest probability is for a turning point on May 22, 2002 at a price = level of 1238. As we approach these dates one of these scenarios should = emerge as the most likely candidate. =20 E ****************************************************************** This email and any files transmitted with it from the ElPaso=20 Corporation are confidential and intended solely for the=20 use of the individual or entity to whom they are addressed.=20 If you have received this email in error please notify the=20 sender. ****************************************************************** ****************************************************************** This email and any files transmitted with it from the ElPaso=20 Corporation are confidential and intended solely for the=20 use of the individual or entity to whom they are addressed.=20 If you have received this email in error please notify the=20 sender. ****************************************************************** - ------=_NextPart_000_0277_01C1EAA7.BC3480C0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Message=
Simple, I am making money in my little niche, = and beating=20 every major index hands down. Takes more work, but worth the effort, and = I like=20 the challenge.
 
Besides, money markets are so totally boring=20 anyway.
 
Tom Worley
stkguru@bellsouth.net
AIM:=20 TexWorley
----- Original Message -----=20
From: Duke=20 Miller
Sent: Tuesday, April 23, 2002 9:13 AM
Subject: RE: "M" (was Re: [CANSLIM] S&P 500=20 forecast)

Since (and I = agree) M=20 is the most important letter in the alphabet, and since it's as = choppy and=20 ill-defined as it is, and since it is often ignored and overlooked, then = I only=20 have two questions? 
 
1) What's to=20 discuss?
 
2) Why are you = fully=20 invested under this cloud?
 
WON says when = M's like this=20 the best tactic and virtue is patience.  I couldn't agree = more.  I=20 continue to lurk and look at the future potentials.
 
Duke
 
 
-----Original Message-----
From:=20 owner-canslim@lists.xmission.com = [mailto:owner-canslim@lists.xmission.com]=20 On Behalf Of Tom Worley
Sent: Tuesday, April 23, 2002 = 8:42=20 AM
To: canslim@lists.xmission.com
Subject: "M" = (was Re:=20 [CANSLIM] S&P 500 forecast)

I would like to see some serious discussion = here on "M".=20 It is the most important of the seven letters in CANSLIM, and is so = often=20 ignored or overlooked.
 
The small caps continue to work for me, and I = remain=20 fully invested in all accounts. Money appears to be shifting back from = value=20 to growth. Volume appears to be picking up. But because I don't focus = on the=20 mid caps, I often wonder what may also be happening = there.
 
Tom Worley
stkguru@bellsouth.net
AIM:=20 TexWorley
----- Original Message -----=20
From: Hill,=20 Ernie
Sent: Monday, April 22, 2002 12:07 PM
Subject: RE: [CANSLIM] S&P 500 forecast

Hi=20 Tom,

 

It is=20 purely my version of TA. It has really helped me in my=20 trading.

 

I=20 would not present these forecasts to the group if I were not confident = in=20 them. My purpose in posting these forecasts is to give back some value = to a=20 group that has given me value. Determining market direction has not = been very=20 easy to do lately. It is my hope that as some group members gain some=20 confidence that I may actually know what I am talking about that they = could=20 use these forecasts as another tool to benefit them in their CANSLIM=20 investments.

 

E

 

PS:=20 Today is certainly not adding to my credibility = J

 

-----Original=20 Message-----
From: = Tom Worley=20 [mailto:stkguru@bellsouth.net]
Sent: Monday, April 22, 2002 = 7:16=20 AM
To:=20 canslim@lists.xmission.com
Subject: Re: [CANSLIM] S&P = 500=20 forecast

 

I don't=20 understand your reasoning for this, Ernie, but I would certainly cheer = 1238 on=20 the S&P500 by then.

 

Tom=20 Worley
stkguru@bellsouth.net
AIM:=20 TexWorley

-----=20 Original Message -----=20

From: Hill,=20 Ernie

To: CANSLIM =

Sent: Saturday, = April 20,=20 2002 10:08 PM

Subject: [CANSLIM] = S&P=20 500 forecast

 

At this=20 point in time I have two high probability projections for the next = major=20 turning point in the S&P 500. The highest probability is for a = turning=20 point on May 21, = 2002 at a=20 price level of 1200. The second highest probability is for a turning = point on=20 May 22, 2002 = at a price=20 level of 1238. As we approach these dates one of these scenarios = should emerge=20 as the most likely candidate.

 

E



*****************************************************************= *
This = email and=20 any files transmitted with it from the ElPaso =
Corporation are=20 confidential and intended solely for the
use = of the=20 individual or entity to whom they are addressed. =
If = you have=20 received this email in error please notify the =
sender.
*****************************************************************= *



********************************************************= **********
This=20 email and any files transmitted with it from the ElPaso =
Corporation are=20 confidential and intended solely for the
use of the individual or = entity=20 to whom they are addressed.
If you have received this email in = error=20 please notify the=20 =
sender.
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- ------=_NextPart_000_0277_01C1EAA7.BC3480C0-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Tue, 23 Apr 2002 08:24:59 -0500 From: "Katherine Malm" Subject: Re: [CANSLIM] WLP This is a multi-part message in MIME format. - ------=_NextPart_000_0129_01C1EAA0.5BD90220 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi Neal, Entering while WLP was in an uptrend instead of breaking from a = well-defined base wasn't "kosher" but that doesn't mean you have to = throw out the baby with the bath water. You should have an exit plan in = place when you make each entry. If you enter in trader mode, you should = probably exit in trader mode. If that were your tactic, then you would = have sold WLP when it popped out of the well-defined upward channel at = the end of last week. The trader would then re-enter once the stock had = found support in the low part of the channel again. See a chart at http://WallStreet-LLC.com/canslim/WLP(1)041902.jpg If you want to look at it from a CANSLIM perspective, then the best = thing to do is look at the evidence in the price/volume chart and in the = action of other stocks in the same industry. Interestingly, I would = disagree with Simon that this is a defensive play. Pull up 5 year charts = of any HMO and see what I mean. There is no cyclicality in the charts. = Add that to the fact that medicals are often a growth area and that the = sector has been doing well coming out of the Bear, and I think you're in = the right arena, just got there a little late in the chart. I've put = some comments on WLP's P/V chart and you can see them at: http://WallStreet-LLC.com/canslim/WLP(2)041902.jpg Katherine ----- Original Message -----=20 From: Neal Frankle=20 To: canslim@lists.xmission.com=20 Sent: Monday, April 22, 2002 7:21 PM Subject: Re: [CANSLIM] WLP thanks Simon. I bought it because it had most of the components of = CANSLIM but granted - not the technical chart pattern. I agree with your comments. Neal ----- Original Message -----=20 From: Simon Yang=20 To: canslim@lists.xmission.com=20 Sent: Monday, April 22, 2002 3:18 PM Subject: Re: [CANSLIM] WLP Neal,=20 I took a simple/quick look at WLP, I did not understand why you = bought at $60 6 weeks ago, I do not see any O'Neil pattern breakout = there. This is a defensive play by big boys, It may drift up when the = market has troubles. Personally I do not, or not yet, see big troubles = of its trading, but you need to watch out. It is pretty hard for most = canslim investors to make money in such market.=20 Simon Yang, simoninvestments.net=20 Neal Frankle wrote:=20 I bought this at $60 - 6 weeks ago based on: earnings sales roi good sector (at the time of purchase ) a decent market. The stock reversed today after hitting a 52 wk high. Volume looks = like it will come in heavy but not heavier than prior three (up) days. Is this a classic sell signal????? I have been here before, only = to hold on to see my nice 20% gain evaporate. I'd like to avoid that experience if possible. Any thoughts? Thanks, Neal - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. - -------------------------------------------------------------------------= - --- Do You Yahoo!? Yahoo! Games - play chess, backgammon, pool and more - ------=_NextPart_000_0129_01C1EAA0.5BD90220 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Hi Neal,
 
Entering while WLP was in an uptrend instead of breaking from a=20 well-defined base wasn't "kosher" but that doesn't mean you have to = throw out=20 the baby with the bath water. You should have an exit plan in place when = you=20 make each entry. If you enter in trader mode, you should probably exit = in trader=20 mode. If that were your tactic, then you would have sold WLP when it = popped out=20 of the well-defined upward channel at the end of last week. The trader = would=20 then re-enter once the stock had found support in the low part of the = channel=20 again.
 
See a chart at http://WallSt= reet-LLC.com/canslim/WLP(1)041902.jpg
 
If you want to look at it from a CANSLIM perspective, then the best = thing=20 to do is look at the evidence in the price/volume chart and in the = action of=20 other stocks in the same industry. Interestingly, I would disagree with = Simon=20 that this is a defensive play. Pull up 5 year charts of any HMO and see = what I=20 mean. There is no cyclicality in the charts. Add that to the fact that = medicals=20 are often a growth area and that the sector has been doing well coming = out of=20 the Bear, and I think you're in the right arena, just got there a little = late in=20 the chart. I've put some comments on WLP's P/V chart and you can = see them=20 at:
 
http://WallSt= reet-LLC.com/canslim/WLP(2)041902.jpg
 
Katherine
----- Original Message -----
From:=20 Neal=20 Frankle
Sent: Monday, April 22, 2002 = 7:21=20 PM
Subject: Re: [CANSLIM] = WLP

thanks Simon.  I bought it = because it had=20 most of the components of CANSLIM but granted - not the technical = chart=20 pattern.
 
I agree with your = comments.
 
Neal
----- Original Message -----
From:=20 Simon Yang
Sent: Monday, April 22, 2002 = 3:18=20 PM
Subject: Re: [CANSLIM] = WLP

 Neal,=20

I took a simple/quick look at WLP, I did not understand why you = bought at=20 $60 6 weeks ago, I do not see any O'Neil pattern breakout there. = This is a=20 defensive play by big boys, It may drift up when the market has = troubles.=20 Personally I do not, or not yet, see big troubles of its trading, = but you=20 need to watch out. It is pretty hard for most canslim investors = to make=20 money in such market.=20

Simon Yang, simoninvestments.net=20

  Neal Frankle <nfrankle@pacbell.net> = wrote:=20 I=20 bought this at $60 - 6 weeks ago based=20 on:
earnings
sales
roi
good sector
(at the time of = purchase=20 ) a decent market.

The stock reversed today after hitting a = 52 wk=20 high. Volume looks like it will come in heavy but not heavier than = prior=20 three (up) days.

Is this a classic sell signal????? I have = been=20 here before, only to hold on to see my nice 20% gain = evaporate.
I'd=20 like to avoid that experience if possible. Any=20 thoughts?

Thanks,
Neal

-
-To = subscribe/unsubscribe,=20 email "majordomo@xmission.com"
-In the email body, write = "subscribe=20 canslim" or
-"unsubscribe canslim". Do not use quotes in your=20 email.


Do You Yahoo!?
Yahoo! Games - = play=20 chess, backgammon, pool and = more - ------=_NextPart_000_0129_01C1EAA0.5BD90220-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Tue, 23 Apr 2002 09:27:53 -0400 From: "Tom Worley" Subject: [CANSLIM] TASR so far, Taser indicating a gap up to a new high, hopefully it will hold Tom Worley stkguru@bellsouth.net AIM: TexWorley - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Tue, 23 Apr 2002 09:18:19 -0700 From: Ian Subject: Re: [CANSLIM] TASR B/O, foretelling the tale That's a good list Tim. It sure is nice to see CANSLIM raging before anyone else even knows we're in a bull market :) Ian - ----- Original Message ----- From: Tim Fisher To: Sent: Monday, April 22, 2002 10:15 PM Subject: Re: [CANSLIM] TASR B/O, foretelling the tale > Looks like a typical before earnings runup with a dump on the news. Ian > check out my winners I haven't had runs like this since 2000... > > TUES SYPR ISLE > > At 11:20 PM 4/22/2002 -0500, you wrote: > > Hi Tom, > >I checked how TASR did after hours and here is what I found: > >http://finance.yahoo.com/q?s=tasr&d =v4 > > > >MLMcAdams > >mlmcadams@earthlink.net > > > > Tim Fisher > Ore-ROCK-On Rockhounding Web Site > Owner, Fisher Fisheries, Ltd. > mailto:tim@OreRockOn.com > WWW http://OreRockOn.com > > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Tue, 23 Apr 2002 09:45:22 -0700 From: Ian Subject: Re: "M" (was Re: [CANSLIM] S&P 500 forecast) This is a multi-part message in MIME format. - --Boundary_(ID_EJ1fdlXPEadTRUebqc0wGg) Content-type: text/plain; charset=iso-8859-1 Content-transfer-encoding: 7BIT MessageI can't help thinking that we are in the period that represents "The Great CANSLIM Contradiction": 1. M must be rising 2. We must be only buying stocks with strongly rising revenues and EPS 3. We shouldn't be buying 'yesteryears winners', whose revenues and EPS are declining 4. The indexes are made up of '3' 5. 'M' is defined as '4', the indexes Ian ----- Original Message ----- From: Duke Miller To: canslim@lists.xmission.com Sent: Tuesday, April 23, 2002 6:13 AM Subject: RE: "M" (was Re: [CANSLIM] S&P 500 forecast) Since (and I agree) M is the most important letter in the alphabet, and since it's as choppy and ill-defined as it is, and since it is often ignored and overlooked, then I only have two questions? 1) What's to discuss? 2) Why are you fully invested under this cloud? WON says when M's like this the best tactic and virtue is patience. I couldn't agree more. I continue to lurk and look at the future potentials. Duke -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com] On Behalf Of Tom Worley Sent: Tuesday, April 23, 2002 8:42 AM To: canslim@lists.xmission.com Subject: "M" (was Re: [CANSLIM] S&P 500 forecast) I would like to see some serious discussion here on "M". It is the most important of the seven letters in CANSLIM, and is so often ignored or overlooked. The small caps continue to work for me, and I remain fully invested in all accounts. Money appears to be shifting back from value to growth. Volume appears to be picking up. But because I don't focus on the mid caps, I often wonder what may also be happening there. Tom Worley stkguru@bellsouth.net AIM: TexWorley ----- Original Message ----- From: Hill, Ernie To: 'canslim@lists.xmission.com' Sent: Monday, April 22, 2002 12:07 PM Subject: RE: [CANSLIM] S&P 500 forecast Hi Tom, It is purely my version of TA. It has really helped me in my trading. I would not present these forecasts to the group if I were not confident in them. My purpose in posting these forecasts is to give back some value to a group that has given me value. Determining market direction has not been very easy to do lately. It is my hope that as some group members gain some confidence that I may actually know what I am talking about that they could use these forecasts as another tool to benefit them in their CANSLIM investments. E PS: Today is certainly not adding to my credibility J -----Original Message----- From: Tom Worley [mailto:stkguru@bellsouth.net] Sent: Monday, April 22, 2002 7:16 AM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] S&P 500 forecast I don't understand your reasoning for this, Ernie, but I would certainly cheer 1238 on the S&P500 by then. Tom Worley stkguru@bellsouth.net AIM: TexWorley ----- Original Message ----- From: Hill, Ernie To: CANSLIM Sent: Saturday, April 20, 2002 10:08 PM Subject: [CANSLIM] S&P 500 forecast At this point in time I have two high probability projections for the next major turning point in the S&P 500. The highest probability is for a turning point on May 21, 2002 at a price level of 1200. The second highest probability is for a turning point on May 22, 2002 at a price level of 1238. As we approach these dates one of these scenarios should emerge as the most likely candidate. E ****************************************************************** This email and any files transmitted with it from the ElPaso Corporation are confidential and intended solely for the use of the individual or entity to whom they are addressed. If you have received this email in error please notify the sender. ****************************************************************** ****************************************************************** This email and any files transmitted with it from the ElPaso Corporation are confidential and intended solely for the use of the individual or entity to whom they are addressed. If you have received this email in error please notify the sender. ****************************************************************** - --Boundary_(ID_EJ1fdlXPEadTRUebqc0wGg) Content-type: text/html; charset=iso-8859-1 Content-transfer-encoding: 7BIT Message
I can't help thinking that we are in the period that represents "The Great CANSLIM Contradiction":
 
1. M must be rising
2. We must be only buying stocks with strongly rising revenues and EPS
3. We shouldn't be buying 'yesteryears winners', whose revenues and EPS are declining
4. The indexes are made up of '3'
5. 'M' is defined as '4', the indexes
 
Ian
 
----- Original Message -----
Sent: Tuesday, April 23, 2002 6:13 AM
Subject: RE: "M" (was Re: [CANSLIM] S&P 500 forecast)

Since (and I agree) M is the most important letter in the alphabet, and since it's as choppy and ill-defined as it is, and since it is often ignored and overlooked, then I only have two questions? 
 
1) What's to discuss?
 
2) Why are you fully invested under this cloud?
 
WON says when M's like this the best tactic and virtue is patience.  I couldn't agree more.  I continue to lurk and look at the future potentials.
 
Duke
 
 
-----Original Message-----
From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com] On Behalf Of Tom Worley
Sent: Tuesday, April 23, 2002 8:42 AM
To: canslim@lists.xmission.com
Subject: "M" (was Re: [CANSLIM] S&P 500 forecast)

I would like to see some serious discussion here on "M". It is the most important of the seven letters in CANSLIM, and is so often ignored or overlooked.
 
The small caps continue to work for me, and I remain fully invested in all accounts. Money appears to be shifting back from value to growth. Volume appears to be picking up. But because I don't focus on the mid caps, I often wonder what may also be happening there.
 
Tom Worley
stkguru@bellsouth.net
AIM: TexWorley
----- Original Message -----
Sent: Monday, April 22, 2002 12:07 PM
Subject: RE: [CANSLIM] S&P 500 forecast

Hi Tom,

 

It is purely my version of TA. It has really helped me in my trading.

 

I would not present these forecasts to the group if I were not confident in them. My purpose in posting these forecasts is to give back some value to a group that has given me value. Determining market direction has not been very easy to do lately. It is my hope that as some group members gain some confidence that I may actually know what I am talking about that they could use these forecasts as another tool to benefit them in their CANSLIM investments.

 

E

 

PS: Today is certainly not adding to my credibility J

 

-----Original Message-----
From: Tom Worley [mailto:stkguru@bellsouth.net]
Sent: Monday, April 22, 2002 7:16 AM
To: canslim@lists.xmission.com
Subject: Re: [CANSLIM] S&P 500 forecast

 

I don't understand your reasoning for this, Ernie, but I would certainly cheer 1238 on the S&P500 by then.

 

Tom Worley
stkguru@bellsouth.net
AIM: TexWorley

----- Original Message -----

From: Hill, Ernie

To: CANSLIM

Sent: Saturday, April 20, 2002 10:08 PM

Subject: [CANSLIM] S&P 500 forecast

 

At this point in time I have two high probability projections for the next major turning point in the S&P 500. The highest probability is for a turning point on May 21, 2002 at a price level of 1200. The second highest probability is for a turning point on May 22, 2002 at a price level of 1238. As we approach these dates one of these scenarios should emerge as the most likely candidate.

 

E



******************************************************************
This email and any files transmitted with it from the ElPaso
Corporation are confidential and intended solely for the
use of the individual or entity to whom they are addressed.
If you have received this email in error please notify the
sender.
******************************************************************



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This email and any files transmitted with it from the ElPaso
Corporation are confidential and intended solely for the
use of the individual or entity to whom they are addressed.
If you have received this email in error please notify the
sender.
******************************************************************
- --Boundary_(ID_EJ1fdlXPEadTRUebqc0wGg)-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ End of canslim-digest V2 #2349 ****************************** To unsubscribe to canslim-digest, send an email to "majordomo@xmission.com" with "unsubscribe canslim-digest" in the body of the message. For information on digests or retrieving files and old messages send "help" to the same address. Do not use quotes in your message.