From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #2641 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 Sunday, July 21 2002 Volume 02 : Number 2641 In this issue: Re: [CANSLIM] Mr. Greenspan's testimony Re: [CANSLIM] Mr. Greenspan's testimony [CANSLIM] Cognizent Technology Solutions RE: [CANSLIM] M - How low will it go. RE: [CANSLIM] Fibonacci ---------------------------------------------------------------------- Date: Sun, 21 Jul 2002 13:46:38 -0400 From: "Barry Marx" Subject: Re: [CANSLIM] Mr. Greenspan's testimony > that 1% change means a 36% growth in a weak and recovering economy. Could you explain this more, Tom. Thanks, Barry - - - -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: Sun, 21 Jul 2002 13:19:08 -0500 From: jch Subject: Re: [CANSLIM] Mr. Greenspan's testimony - --=======35CA450B======= Content-Type: text/plain; x-avg-checked=avg-ok-774D5D8C; charset=us-ascii; format=flowed Content-Transfer-Encoding: 8bit With respect to the disconnect factor here's quote from monthly letter I receive from fellow who manages hedge fund of multiple managers where I have parked $: "While the economy has been recovering out of recession, stock prices have plummeted. This is a rare occurrence not seen since 1938." jchjch >that 1% change means a 36% growth in a weak and recovering economy. So the >trend remains from the recessionary shrinkage we had just a year ago, to a >weak but positive economic growth in February, to a continuing strengthening >for the rest of the year. And the growth is still not so rapid or strong as >to light the fires of inflation, and force premature rate hikes before both >our economy, as well as the global economy, is well established on recovery. > >Put it in perspective, if you believed your present cash for investing would >go up 36% this year if invested, would you still be in cash? Of course, >that's not to say that economic growth translates to investment gains, and >it won't as long as the disconnect factor is alive and well. > >----- Original Message ----- >From: "zillagirl" >To: >Sent: Saturday, July 20, 2002 10:37 PM >Subject: Re: [CANSLIM] Mr. Greenspan's testimony > > >Thanks Tom for providing insight about these things for those of us that >know that are relevant but not sure to what degree. I would have thought >that 1 % was not much but you use the term sizable increase. Helps to see >things more clearly. >----- Original Message ----- >From: "Tom Worley" >To: "CANSLIM" >Sent: Saturday, July 20, 2002 5:02 PM >Subject: [CANSLIM] Mr. Greenspan's testimony > > > > Interesting that he waited for the final paragraph of his speech to reveal > > that the Feds were making a sizable increase in their forecasts for this > > year's GDP growth rate. This is a full percent increase over what they > > forecasted as recently as Feb '02. This and other comments clearly hint at > > no rate hikes this year, and this quote suggests an accommodative stance > > continuing well into next year as well (note that the unemployment >forecast > > is for end of 2003, and that is one element likely to cause a rate hike as > > employment picks up). > > > > quote: > > Indeed, the central tendency of Federal Reserve policymakers' forecasts is > > for expansion of real GDP over the four quarters of 2002 of 3-1/2 to 3-3/4 > > percent, somewhat above the rates anticipated in our February report. > > Economic growth is projected to be solid again next year, with real output > > rising 3-1/2 to 4 percent. Monetary policymakers anticipate that these >gains > > should be sufficient to bring the unemployment rate down to 5-1/4 to 5-1/2 > > percent by the end of next year. Inflation is expected to be subdued > > throughout, with prices for personal consumption expenditures increasing >at > > only a 1-1/2 to 1-3/4 percent rate. > > unquote > > > > Tom Worley > > stkguru@bellsouth.net > > AIM: TexWorley > > - --=======35CA450B======= Content-Type: text/plain; charset=us-ascii; x-avg=cert; x-avg-checked=avg-ok-774D5D8C Content-Disposition: inline - --- Outgoing mail is certified Virus Free. Checked by AVG anti-virus system (http://www.grisoft.com). Version: 6.0.377 / Virus Database: 211 - Release Date: 7/15/2002 - --=======35CA450B=======-- - - - -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: Sun, 21 Jul 2002 14:30:29 -0400 From: "Donald Wallker" Subject: [CANSLIM] Cognizent Technology Solutions This is a multi-part message in MIME format. - ------=_NextPart_000_0005_01C230C3.29D758D0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable The breakout of Cognizant Technology Solutions is discussed in the IBD = issue of JULY 22, on page B8, in Col 1 (upper left hand corner of the = page). And right next to it is the Chart that is discussed in the = Article. Judging from the author's remarks(something for everybody), = buying the stock should be decided by a coin flip..=20 - ------=_NextPart_000_0005_01C230C3.29D758D0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
The breakout of Cognizant Technology = Solutions is=20 discussed in the IBD issue of JULY 22, on page B8, in Col 1 = (upper=20 left hand corner of the page).  And right next to it is the Chart = that is=20 discussed in the Article. Judging from the author's  = remarks(something=20 for everybody), buying the stock should be decided by a coin=20 flip.. 
- ------=_NextPart_000_0005_01C230C3.29D758D0-- - - - -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: Sun, 21 Jul 2002 15:31:36 -0500 From: "Hill, Ernie" Subject: RE: [CANSLIM] M - How low will it go. This message is in MIME format. Since your mail reader does not understand this format, some or all of this message may not be legible. - ------_=_NextPart_001_01C230F5.9C398010 Content-Type: text/plain First I messed up the Fibonacci sequence of numbers that apply to ratio analysis they are .236, .382, .5, .618, 1.00, 1.236, 1.382, 1.618, & 2.618. Also I have another target that I forgot to include in my previous post. I see 807 as a potential target from which a two to three day rally could occur if this target is hit on 7-25 or 7-26, and then turn lower into the 8-15 time frame. E - -----Original Message----- From: Hill, Ernie [mailto:Ernie.Hill@ElPaso.com] Sent: Saturday, July 20, 2002 11:17 PM To: 'canslim@lists.xmission.com' Subject: RE: [CANSLIM] M - How low will it go. Ira, In my post made on 7-17 I said that the bounce I was expecting had been made that day and that I expected the S&P to drop to at least 865 by Monday. What I didn't say was that 845 was my next target. I also posted on 7-13 that I expected a drop to the 759-782 level by 8-15 or 8-16. Bear with me on some of these numbers while I build my case. I am going to talk about Fibonacci extensions a little bit. A Fibonacci extension is measuring a current move by comparing it to recent moves in the same direction. This is the series of numbers for these extensions .236, .5, .618, 1.00, 1.236, 1.5, 1.618, & so on. If we measure from the high on 5-17 to the low on 6-14 and multiply the points by 1.618 and then subtract this number from the high on 6-18 we get 838.74. If we measure from the high on 6-18 to the low on 7-3 and multiply the points by 1.382 and then subtract this number from the high on 7-8 we get 847.22. We closed Friday at 847.76. If we measure from the high on 6-18 to the low on 7-15 and multiply the points by .5 and then subtract this number from the high on 7-17 we get 844.44. The low on Friday was 842.14. This is an impressive cluster of Fibonacci extensions all occurring very near where the market ended up on Friday. This could be strong enough support to signal a turn in the market from here. Generally this type of support would provide a spring board from which to move up. However, my timing model suggests that we will continue to work lower to at least 7-24. Also the slope of the decline has become much sharper suggesting to me that we finally saw some fear in this market. I therefore, would not be surprised to see the market move down sharply again on Monday. I also would not be surprised to see a one or two day bounce from this level, and then a continuation of the decline. As far as my forecast of 759-782 by 8-15 or 8-16 I stand by that forecast with one modification, due to the fear that I see beginning to be manifest in the market I think this level could be seen by an earlier date specifically 7-25 or 7-26. And the 780 level looks to be the stronger candidate. Here is the case for 780. If we measure from the high on 3-19 to the low on 5-7 and multiply the points by 2.618 and then subtract this number from the high on 5-17 we get 779.79. If we measure from the high on 6-18 to the low on 7-3 and multiply the points by 1.382 and then subtract this number from the high on 7-17 we get 780.18. And if we measure from the high on 7-8 to the low on 7-15 and multiply the points by 1.236 and then subtract this number from the high on 7-17 we get 781.91. This is a very tight cluster of Fibonacci extensions and suggests that this could be the level where we can find an intermediate term bottom. Not THE bottom, but a bottom that could spark a very strong bear market rally. In conclusion Friday could have been the intermediate term bottom at 842.14, but my stuff suggests that the odds are in favor of at least one more swift drop to the 780 level before the intermediate term bottom is in. E - -----Original Message----- From: Ira Post [mailto:ip108@yahoo.com] Sent: Saturday, July 20, 2002 4:21 AM To: canslim@lists.xmission.com Subject: [CANSLIM] M - How low will it go. I've been sitting out of the market and this discussion list because I don't think these market conditions are suitable for Canslim. But I'm ready to get back into it once the market turns around. My question is how much longer before the market turns and how low will it get? I'd like to hear alot of different opinons and people's reasons. It may do us all some good. Ira - --- Outgoing mail is certified Virus Free. Checked by AVG anti-virus system (http://www.grisoft.com ). Version: 6.0.377 / Virus Database: 211 - Release Date: 7/15/02 ****************************************************************** 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. ****************************************************************** - ------_=_NextPart_001_01C230F5.9C398010 Content-Type: text/html Content-Transfer-Encoding: quoted-printable

First I messed up the Fibonacci sequen= ce of numbers that apply to ratio analysis they are .236, .382, .5, .618, 1.00, 1.236, 1.382, 1.618, & 2.618.

 

Also I have another target that I forg= ot to include in my previous post. I see 807 as a potential target from which a two to three day rally could occur if this target is hit on 7-25 or 7-26, a= nd then turn lower into the 8-15 time frame.

 

E

 

-----Original Message-----
From: Hill, Ernie [mailto:Ernie.Hill@ElPaso.com]
Sent: Saturday, July 20, 2002= 11:17 PM
To: 'canslim@lists.xmission.= com'
Subject: RE: [CANSLIM] M - H= ow low will it go.

 

Ira,

 

In my post made on = 7-17 I said that the bounce I was expecting had been made that day and that I expe= cted the S&P to drop to at least 865 by Monday. What I didn't say was that 8= 45 was my next target. I also posted on 7-13 that I expected a drop to the 759= - -782 level by 8-15 or 8-16.

 

Bear with me on som= e of these numbers while I build my case. I am going to talk about Fibonacci extensions a little bit. A Fibonacci extension is measuring a current move = by comparing it to recent moves in the same direction. This is the series of numbers for these extensions .236, .5, .618, 1.00, 1.236, 1.5, 1.618, &= so on.

 

If we measure from = the high on 5-17 to the low on 6-14 and multiply the points by 1.618 and then subtract this number from the high on 6-18 we get 838.74.=

 

If we measure from = the high on 6-18 to the low on 7-3 and multiply the points by 1.382 and then subtract this number from the high on 7-8 we get 847.22. We closed Friday = at 847.76.=

 

If we measure from = the high on 6-18 to the low on 7-15 and multiply the points by .5 and then subt= ract this number from the high on 7-17 we get 8= 44.44. The low on Friday was 8= 42.14.

 

This is an impressi= ve cluster of Fibonacci extensions all occurring very near where the market en= ded up on Friday. This could be strong enough support to signal a turn in the market from here. Generally this type of support would provide a spring boa= rd from which to move up. However, my timing model suggests that we will conti= nue to work lower to at least 7-24. Also the slope of the decline has become mu= ch sharper suggesting to me that we finally saw some fear in this market. I therefore, would not be surprised to see the market move down sharply again= on Monday. I also would not be surprised to see a one or two day bounce from t= his level, and then a continuation of the decline.

 

As far as my foreca= st of 759-782 by 8-15 or 8-16 I stand by that forecast with one modification, due= to the fear that I see beginning to be manifest in the market I think this lev= el could be seen by an earlier date specifically 7-25 or 7-26. And the = 780 level looks to be = the stronger candidate. Here is the case for 780.

 

If we measure from = the high on 3-19 to the low on 5-7 and multiply the points by 2.618 and then subtract this number from the high on 5-17 we get 779.79.=

 

If we measure from = the high on 6-18 to the low on 7-3 and multiply the points by 1.382 and then subtract this number from the high on 7-17 we get 780.18.=

 

And if we measure f= rom the high on 7-8 to the low on 7-15 and multiply the points by 1.236 and then subtract this number from the high on 7-17 we get 781.91.=

 

This is a very tight cluster of Fibonacci extensions and suggests that this could be the level w= here we can find an intermediate term bottom. Not THE bottom, but a bottom that could spark a very strong bear market rally.

 

In conclusion Friday could have been the intermediate term bottom at 842.14, but my stuff sugges= ts that the odds are in favor of at least one more swift drop to the 780 level before the intermediate term bottom is in.

 

E=

 

 

-----Original Message-----
From: Ira Post [mailto:ip108= @yahoo.com]
Sent: Saturday, July 20, 2002= 4:21 AM
To: canslim@lists.xmission.com=
Subject: [CANSLIM] M - How l= ow will it go.

 

I've been sitting out of the m= arket and this discussion list because I don't think these market conditions are suitable for Canslim.  But I'm ready to get back into it once the mark= et turns around.

 

My question is how much longer before the market turns and how low will it get?  I'd like to hear alo= t of different opinons and people's reasons.  It may do us all some good.

 

Ira

 


- ---
Outgoing mail is certified Virus Free.
Checked by AVG anti-virus system (http:/= /www.grisoft.com).
Version: 6.0.377 / Virus Database: 211 - Release Date: 7/15/02



************************************************= ******************
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.
******************************************************************
 - ------_=_NextPart_001_01C230F5.9C398010-- - - - -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: Sun, 21 Jul 2002 15:38:29 -0500 From: "Hill, Ernie" Subject: RE: [CANSLIM] Fibonacci This message is in MIME format. Since your mail reader does not understand this format, some or all of this message may not be legible. - ------_=_NextPart_001_01C230F6.9228CA30 Content-Type: text/plain Ira, It seems that you have already been given some good places from which to learn the basics of Fib ratio analysis. My indoctrination into this area of analysis came from "Elliott Wave Principle" by Frost and Prechter. I have also picked up bits and pieces from scattered sources through the years. E - -----Original Message----- From: Alicia Lensing [mailto:alensing@prodigy.net] Sent: Sunday, July 21, 2002 10:14 AM To: canslim@lists.xmission.com Subject: [CANSLIM] Fibonacci Ira: I have used Fibs in my trading for years. Please visit the following link for what I hope is a basic tutorial. Best of luck, Alicia Lensing http://www.tradingmarkets.com/.site/futures/education/Fibonacci/11202000-101 16.cfm - ----- Original Message ----- From: Ira Post To: canslim@lists.xmission.com Sent: Sunday, July 21, 2002 2:58 AM Subject: Re: [CANSLIM] M - How low will it go. Ernie, I've been hearing alot about Fibonacci lately and would like to get a backround in it. Can you recomend a website or book that would help? Something easy to read would be best. Thanks, Ira - ----- Original Message ----- From: Hill, Ernie To: 'canslim@lists.xmission.com' Sent: Sunday, July 21, 2002 12:16 AM Subject: RE: [CANSLIM] M - How low will it go. Ira, In my post made on 7-17 I said that the bounce I was expecting had been made that day and that I expected the S&P to drop to at least 865 by Monday. What I didn't say was that 845 was my next target. I also posted on 7-13 that I expected a drop to the 759-782 level by 8-15 or 8-16. Bear with me on some of these numbers while I build my case. I am going to talk about Fibonacci extensions a little bit. A Fibonacci extension is measuring a current move by comparing it to recent moves in the same direction. This is the series of numbers for these extensions .236, .5, .618, 1.00, 1.236, 1.5, 1.618, & so on. If we measure from the high on 5-17 to the low on 6-14 and multiply the points by 1.618 and then subtract this number from the high on 6-18 we get 838.74. If we measure from the high on 6-18 to the low on 7-3 and multiply the points by 1.382 and then subtract this number from the high on 7-8 we get 847.22. We closed Friday at 847.76. If we measure from the high on 6-18 to the low on 7-15 and multiply the points by .5 and then subtract this number from the high on 7-17 we get 844.44. The low on Friday was 842.14. This is an impressive cluster of Fibonacci extensions all occurring very near where the market ended up on Friday. This could be strong enough support to signal a turn in the market from here. Generally this type of support would provide a spring board from which to move up. However, my timing model suggests that we will continue to work lower to at least 7-24. Also the slope of the decline has become much sharper suggesting to me that we finally saw some fear in this market. I therefore, would not be surprised to see the market move down sharply again on Monday. I also would not be surprised to see a one or two day bounce from this level, and then a continuation of the decline. As far as my forecast of 759-782 by 8-15 or 8-16 I stand by that forecast with one modification, due to the fear that I see beginning to be manifest in the market I think this level could be seen by an earlier date specifically 7-25 or 7-26. And the 780 level looks to be the stronger candidate. Here is the case for 780. If we measure from the high on 3-19 to the low on 5-7 and multiply the points by 2.618 and then subtract this number from the high on 5-17 we get 779.79. If we measure from the high on 6-18 to the low on 7-3 and multiply the points by 1.382 and then subtract this number from the high on 7-17 we get 780.18. And if we measure from the high on 7-8 to the low on 7-15 and multiply the points by 1.236 and then subtract this number from the high on 7-17 we get 781.91. This is a very tight cluster of Fibonacci extensions and suggests that this could be the level where we can find an intermediate term bottom. Not THE bottom, but a bottom that could spark a very strong bear market rally. In conclusion Friday could have been the intermediate term bottom at 842.14, but my stuff suggests that the odds are in favor of at least one more swift drop to the 780 level before the intermediate term bottom is in. E - -----Original Message----- From: Ira Post [mailto:ip108@yahoo.com] Sent: Saturday, July 20, 2002 4:21 AM To: canslim@lists.xmission.com Subject: [CANSLIM] M - How low will it go. I've been sitting out of the market and this discussion list because I don't think these market conditions are suitable for Canslim. But I'm ready to get back into it once the market turns around. My question is how much longer before the market turns and how low will it get? I'd like to hear alot of different opinons and people's reasons. It may do us all some good. Ira - --- Outgoing mail is certified Virus Free. Checked by AVG anti-virus system (http://www.grisoft.com ). Version: 6.0.377 / Virus Database: 211 - Release Date: 7/15/02 ****************************************************************** 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. ****************************************************************** - ------_=_NextPart_001_01C230F6.9228CA30 Content-Type: text/html Content-Transfer-Encoding: quoted-printable

Ira,

 

It seems that you have already been gi= ven some good places from which to learn the basics of Fib ratio analysis. My indoctrination into this area of analysis came from "Elliott Wave Principle" by Frost and Prechter. I have also picked up bits and pieces from scattered sources through the years.

 

E

 

-----Original Message-----
From: Alicia Lensing [mailto:alensing@prodigy.net]
Sent: Sunday, July 21, 2002<= font size=3D2 face=3DTahoma>= 10:14 AM
To: canslim@lists.xmission.c= om
Subject: [CANSLIM] Fibonacci=

 

Ira:

 

I have used Fibs in my trading for years.  Please visit the following li= nk for what I hope is a basic tutorial.<= /p>

 

Best of luck,

 

Alicia Lensing

 

 

 

 

----- Original Message ----- <= o:p>

From: Ira Post

Sent:<= /font> <= /span>Sunday, July 21, 2002 <= /span>2:58 AM

Subject: R= e: [CANSLIM] M - How low will it go.

 

Ernie,

 

I've been hearing alot about Fibonacci lately and would like to get a backround in it.  Can you recomend a website or book that would help? Something easy to read would be best.

 

Thanks,

Ira

----- Original Message ----- <= o:p>

From: Hill,= Ernie

Sent:<= /font> <= /span>Sunday, July 21, 2002 <= /span>12:16 AM

Subject: R= E: [CANSLIM] M - How low will it go.

 

Ira,

 

In my post made on = 7-17 I said that the bounce I was expecting had been made that day and that I expe= cted the S&P to drop to at least 865 by Monday. What I didn't say was that 8= 45 was my next target. I also posted on 7-13 that I expected a drop to the 759= - -782 level by 8-15 or 8-16.

 

Bear with me on som= e of these numbers while I build my case. I am going to talk about Fibonacci extensions a little bit. A Fibonacci extension is measuring a current move = by comparing it to recent moves in the same direction. This is the series of numbers for these extensions .236, .5, .618, 1.00, 1.236, 1.5, 1.618, &= so on.

 

If we measure from = the high on 5-17 to the low on 6-14 and multiply the points by 1.618 and then subtract this number from the high on 6-18 we get 838.74.=

 

If we measure from = the high on 6-18 to the low on 7-3 and multiply the points by 1.382 and then subtract this number from the high on 7-8 we get 847.22. We closed Friday = at 847.76.=

 

If we measure from = the high on 6-18 to the low on 7-15 and multiply the points by .5 and then subt= ract this number from the high on 7-17 we get 8= 44.44. The low on Friday was 8= 42.14.

 

This is an impressi= ve cluster of Fibonacci extensions all occurring very near where the market en= ded up on Friday. This could be strong enough support to signal a turn in the market from here. Generally this type of support would provide a spring boa= rd from which to move up. However, my timing model suggests that we will conti= nue to work lower to at least 7-24. Also the slope of the decline has become mu= ch sharper suggesting to me that we finally saw some fear in this market. I therefore, would not be surprised to see the market move down sharply again= on Monday. I also would not be surprised to see a one or two day bounce from t= his level, and then a continuation of the decline.

 

As far as my foreca= st of 759-782 by 8-15 or 8-16 I stand by that forecast with one modification, due= to the fear that I see beginning to be manifest in the market I think this lev= el could be seen by an earlier date specifically 7-25 or 7-26. And the = 780 level looks to be = the stronger candidate. Here is the case for 780.

 

If we measure from = the high on 3-19 to the low on 5-7 and multiply the points by 2.618 and then subtract this number from the high on 5-17 we get 779.79.=

 

If we measure from = the high on 6-18 to the low on 7-3 and multiply the points by 1.382 and then subtract this number from the high on 7-17 we get 780.18.=

 

And if we measure f= rom the high on 7-8 to the low on 7-15 and multiply the points by 1.236 and then subtract this number from the high on 7-17 we get 781.91.=

 

This is a very tight cluster of Fibonacci extensions and suggests that this could be the level w= here we can find an intermediate term bottom. Not THE bottom, but a bottom that could spark a very strong bear market rally.

 

In conclusion Friday could have been the intermediate term bottom at 842.14, but my stuff sugges= ts that the odds are in favor of at least one more swift drop to the 780 level before the intermediate term bottom is in.

 

E=

 

 

-----Original Message-----
From: Ira Post [mailto:ip108@yahoo.com]
Sent: Saturday, July 20, 2002= 4:21 AM
To: canslim@lists.xmission.com=
Subject: [CANSLIM] M - How l= ow will it go.

 

I've been sitting out of the m= arket and this discussion list because I don't think these market conditions are suitable for Canslim.  But I'm ready to get back into it once the mark= et turns around.

 

My question is how much longer before the market turns and how low will it get?  I'd like to hear alo= t of different opinons and people's reasons.  It may do us all some good.

 

Ira

 


- ---
Outgoing mail is certified Virus Free.
Checked by AVG anti-virus system (http:/= /www.grisoft.com).
Version: 6.0.377 / Virus Database: 211 - Release Date: 7/15/02



************************************************= ******************
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.
******************************************************************
 - ------_=_NextPart_001_01C230F6.9228CA30-- - - - -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 #2641 ****************************** 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.