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From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #2601 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 Saturday, July 13 2002 Volume 02 : Number 2601 In this issue: Re: [CANSLIM] M - fasten your seatbelt RE: [CANSLIM] M - fasten your seatbelt RE: [CANSLIM] more evidence that I am hard-headed Re: [CANSLIM] M - fasten your seatbelt ---------------------------------------------------------------------- Date: Sat, 13 Jul 2002 21:43:07 -0500 From: Gene Ricci <genr@swbell.net> Subject: Re: [CANSLIM] M - fasten your seatbelt This is a multi-part message in MIME format. - ------=_NextPart_000_0109_01C22AB6.4671E900 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Holy Tomatoes.... may the force be with you....!!! ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Saturday, July 13, 2002 9:31 PM Subject: Re: [CANSLIM] M - fasten your seatbelt real money, IRA and margin acct. The VR Fund only has $4K left out of = a million. ----- Original Message -----=20 From: Gene Ricci=20 To: canslim@lists.xmission.com=20 Sent: Saturday, July 13, 2002 10:34 PM Subject: Re: [CANSLIM] M - fasten your seatbelt Tom, is this your real account or the VA account? Not to be nosy but = real money seems risky right now... academically it's the time to = buy.... but real money is hard to come by, let alone margin.. IMHO. Gene ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Saturday, July 13, 2002 8:31 PM Subject: Re: [CANSLIM] M - fasten your seatbelt sure hope you are wrong, Ernie, I am long and remaining so, fully = invested and on margin. Sold one small position (last of my 4th trip on EPIQ) = and already have buy orders in for Monday for that cash and the rest of = my margin buying power. I see some evidence of a bottom forming, and = with earnings starting next week, and very oversold conditions, I believe = I can make some more money. Not an "M" for most, best to sit in cash and wait for the markets to = confirm a bottom, as well as an uptrend (which may well not last). But I = like being at the front of the pack, at least on the way up. ----- Original Message ----- From: "Hill, Ernie" <Ernie.Hill@ElPaso.com> To: <canslim@lists.xmission.com> Cc: "'DanC'" <danc@compuall.net> Sent: Saturday, July 13, 2002 9:22 PM Subject: [CANSLIM] M - fasten your seatbelt Friends this forecast is made with trepidation. It is not influenced = by anything that we have recently discussed or anyone else's work. This forecast comes purely from what I see in the Market from my own = system. It is obvious that the last turn high forecast for the 7-15 turn = window actually occurred on 7-8 at a price level of 993.59 roughly 5.5 = points shy of the forecast level of 999. When a high turn comes early outside = the turn window and short of the forecast target it is a signal that the = market is very weak and that an acceleration of the decline is likely. The bounce that I am expecting is a common reaction to the "missed" = turn window. Often when a turn comes early outside the window prices will = bounce near the highest probability turn date. In this case 7-15. I have = recently forecast the 964-968 level for the top of this bounce. After doing = more work today it appears that the 946 level is an equally likely target for = the top of this bounce. Look for these two key levels and expect the market = to turn dramatically downward from one of them. This will likely happen = Monday or Tuesday. From there the next low turn is due in the time window around 8-13 = expect this turn to occur late in the window probably 8-15 or 8-16. My = current target range for this low turn is 759-782. I know this is almost unthinkable. If my high bounce target of 964-968 is met this could = be a 20% decline in a month. If you are long exercise extreme caution. Dan F enjoy yourself. I feel compelled to add a disclaimer. I am not an investment = advisor. This is merely my opinion based on my observations of the market. Before = making any investment decisions please seek out a competent investment = advisor, someone like your spouse. 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. ****************************************************************** - -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. - ------=_NextPart_000_0109_01C22AB6.4671E900 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable <!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> <HTML><HEAD> <META http-equiv=3DContent-Type content=3D"text/html; = charset=3Diso-8859-1"> <META content=3D"MSHTML 5.50.4916.2300" name=3DGENERATOR> <STYLE></STYLE> </HEAD> <BODY bgColor=3D#ffffff> <DIV>Holy Tomatoes.... may the force be = with=20 you....!!!</DIV> <BLOCKQUOTE dir=3Dltr=20 style=3D"PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; = BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px"> <DIV style=3D"FONT: 10pt arial">----- Original Message ----- </DIV> <DIV=20 style=3D"BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: = black">From:=20 <A title=3Dstkguru@bellsouth.net = href=3D"mailto:stkguru@bellsouth.net">Tom=20 Worley</A> </DIV> <DIV style=3D"FONT: 10pt arial">To: <A = title=3Dcanslim@lists.xmission.com=20 = href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>= </DIV> <DIV style=3D"FONT: 10pt arial">Sent: Saturday, July 13, 2002 = 9:31=20 PM</DIV> <DIV style=3D"FONT: 10pt arial">Subject: Re: [CANSLIM] M - = fasten your=20 seatbelt</DIV> <DIV> </DIV> <DIV>real money, IRA and margin acct. The VR Fund = only has=20 $4K left out of a million.</DIV> <DIV> </DIV> <DIV style=3D"FONT: 10pt arial">----- Original Message -----=20 <DIV style=3D"BACKGROUND: #e4e4e4; font-color: black">From: <A=20 title=3Dgenr@swbell.net href=3D"mailto:genr@swbell.net">Gene Ricci</A> = </DIV> <DIV>To: <A title=3Dcanslim@lists.xmission.com=20 = href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>= </DIV> <DIV>Sent: Saturday, July 13, 2002 10:34 PM</DIV> <DIV>Subject: Re: [CANSLIM] M - fasten your = seatbelt</DIV></DIV> <DIV> </DIV> <DIV>Tom, is this your real account or = the VA=20 account? Not to be nosy but real money seems risky right now...=20 academically it's the time to buy.... but real money is hard to come = by, let=20 alone margin.. IMHO.</DIV> <DIV> </DIV> <DIV>Gene</DIV> <DIV> </DIV> <BLOCKQUOTE=20 style=3D"PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; = BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px"> <DIV style=3D"FONT: 10pt arial">----- Original Message ----- </DIV> <DIV=20 style=3D"BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: = black">From:=20 <A title=3Dstkguru@bellsouth.net = href=3D"mailto:stkguru@bellsouth.net">Tom=20 Worley</A> </DIV> <DIV style=3D"FONT: 10pt arial">To: <A = title=3Dcanslim@lists.xmission.com=20 = href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>= =20 </DIV> <DIV style=3D"FONT: 10pt arial">Sent: Saturday, July 13, 2002 = 8:31=20 PM</DIV> <DIV style=3D"FONT: 10pt arial">Subject: Re: [CANSLIM] M - = fasten your=20 seatbelt</DIV> <DIV> </DIV>sure hope you are wrong, Ernie, I am long and = remaining so,=20 fully invested and on margin. Sold one small position (last of my = 4th=20 trip on EPIQ) and already have buy orders in for Monday for that = cash and=20 the rest of my margin buying power. I see some evidence of = a bottom=20 forming, and with earnings starting next week, and very oversold=20 conditions, I believe I can make some more money. Not an = "M" for=20 most, best to sit in cash and wait for the markets to confirm a = bottom,=20 as well as an uptrend (which may well not last). But I like = being at the=20 front of the pack, at least on the way up. ----- Original = Message=20 ----- From: "Hill, Ernie" <<A=20 = href=3D"mailto:Ernie.Hill@ElPaso.com">Ernie.Hill@ElPaso.com</A>> To= :=20 <<A=20 = href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>= > Cc:=20 "'DanC'" <<A=20 href=3D"mailto:danc@compuall.net">danc@compuall.net</A>> Sent: = Saturday,=20 July 13, 2002 9:22 PM Subject: [CANSLIM] M - fasten your=20 seatbelt Friends this forecast is made with trepidation. = It is=20 not influenced by anything that we have recently discussed or = anyone=20 else's work. This forecast comes purely from what I see in the = Market=20 from my own system. It is obvious that the last turn high = forecast=20 for the 7-15 turn window actually occurred on 7-8 at a price = level of=20 993.59 roughly 5.5 points shy of the forecast level of 999. When = a high=20 turn comes early outside the turn window and short of the = forecast target=20 it is a signal that the market is very weak and that an = acceleration of=20 the decline is likely. The bounce that I am expecting is a = common=20 reaction to the "missed" turn window. Often when a turn comes = early=20 outside the window prices will bounce near the highest = probability turn=20 date. In this case 7-15. I have recently forecast the 964-968 = level for=20 the top of this bounce. After doing more work today it appears = that the=20 946 level is an equally likely target for the top of this bounce. = Look=20 for these two key levels and expect the market to = turn dramatically=20 downward from one of them. This will likely happen Monday=20 or Tuesday. From there the next low turn is due in the = time window=20 around 8-13 expect this turn to occur late in the window probably = 8-15 or=20 8-16. My current target range for this low turn is 759-782. I = know this=20 is almost unthinkable. If my high bounce target of 964-968 is met = this=20 could be a 20% decline in a month. If you are long = exercise=20 extreme caution. Dan F enjoy yourself. I feel compelled to = add a=20 disclaimer. I am not an investment advisor. This is merely my = opinion=20 based on my observations of the market. Before making any = investment=20 decisions please seek out a competent investment advisor, someone = like=20 your=20 = spouse. E *********************************************= ********************* 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=20 = the sender. *******************************************************= *********** - -To=20 subscribe/unsubscribe, email "<A=20 = href=3D"mailto:majordomo@xmission.com">majordomo@xmission.com</A>" -In= the=20 email body, write "subscribe canslim" or -"unsubscribe = canslim". Do=20 not use quotes in your email. - -To=20 subscribe/unsubscribe, email "<A=20 = href=3D"mailto:majordomo@xmission.com">majordomo@xmission.com</A>" -In= the=20 email body, write "subscribe canslim" or -"unsubscribe = canslim". Do=20 not use quotes in your = email. </BLOCKQUOTE></BLOCKQUOTE></BODY></HTML> - ------=_NextPart_000_0109_01C22AB6.4671E900-- - - - -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: Sat, 13 Jul 2002 21:38:35 -0500 From: "Hill, Ernie" <Ernie.Hill@ElPaso.com> Subject: RE: [CANSLIM] M - fasten your seatbelt 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_01C22ADF.8D75DAE0 Content-Type: text/plain; charset="iso-8859-1" Gee-Wiz Tom! Was this a telcom VR fund? E - -----Original Message----- From: Tom Worley [mailto:stkguru@bellsouth.net] Sent: Saturday, July 13, 2002 9:31 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] M - fasten your seatbelt real money, IRA and margin acct. The VR Fund only has $4K left out of a million. - ----- Original Message ----- From: Gene Ricci <mailto:genr@swbell.net> To: canslim@lists.xmission.com <mailto:canslim@lists.xmission.com> Sent: Saturday, July 13, 2002 10:34 PM Subject: Re: [CANSLIM] M - fasten your seatbelt Tom, is this your real account or the VA account? Not to be nosy but real money seems risky right now... academically it's the time to buy.... but real money is hard to come by, let alone margin.. IMHO. Gene - ----- Original Message ----- From: Tom Worley <mailto:stkguru@bellsouth.net> To: canslim@lists.xmission.com <mailto:canslim@lists.xmission.com> Sent: Saturday, July 13, 2002 8:31 PM Subject: Re: [CANSLIM] M - fasten your seatbelt sure hope you are wrong, Ernie, I am long and remaining so, fully invested and on margin. Sold one small position (last of my 4th trip on EPIQ) and already have buy orders in for Monday for that cash and the rest of my margin buying power. I see some evidence of a bottom forming, and with earnings starting next week, and very oversold conditions, I believe I can make some more money. Not an "M" for most, best to sit in cash and wait for the markets to confirm a bottom, as well as an uptrend (which may well not last). But I like being at the front of the pack, at least on the way up. - ----- Original Message ----- From: "Hill, Ernie" < Ernie.Hill@ElPaso.com <mailto:Ernie.Hill@ElPaso.com> > To: < canslim@lists.xmission.com <mailto:canslim@lists.xmission.com> > Cc: "'DanC'" < danc@compuall.net <mailto:danc@compuall.net> > Sent: Saturday, July 13, 2002 9:22 PM Subject: [CANSLIM] M - fasten your seatbelt Friends this forecast is made with trepidation. It is not influenced by anything that we have recently discussed or anyone else's work. This forecast comes purely from what I see in the Market from my own system. It is obvious that the last turn high forecast for the 7-15 turn window actually occurred on 7-8 at a price level of 993.59 roughly 5.5 points shy of the forecast level of 999. When a high turn comes early outside the turn window and short of the forecast target it is a signal that the market is very weak and that an acceleration of the decline is likely. The bounce that I am expecting is a common reaction to the "missed" turn window. Often when a turn comes early outside the window prices will bounce near the highest probability turn date. In this case 7-15. I have recently forecast the 964-968 level for the top of this bounce. After doing more work today it appears that the 946 level is an equally likely target for the top of this bounce. Look for these two key levels and expect the market to turn dramatically downward from one of them. This will likely happen Monday or Tuesday. From there the next low turn is due in the time window around 8-13 expect this turn to occur late in the window probably 8-15 or 8-16. My current target range for this low turn is 759-782. I know this is almost unthinkable. If my high bounce target of 964-968 is met this could be a 20% decline in a month. If you are long exercise extreme caution. Dan F enjoy yourself. I feel compelled to add a disclaimer. I am not an investment advisor. This is merely my opinion based on my observations of the market. Before making any investment decisions please seek out a competent investment advisor, someone like your spouse. 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. ****************************************************************** - - - -To subscribe/unsubscribe, email " majordomo@xmission.com <mailto: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 <mailto:majordomo@xmission.com> " - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ****************************************************************** 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_01C22ADF.8D75DAE0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable <!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> <html xmlns:v=3D"urn:schemas-microsoft-com:vml" xmlns:o=3D"urn:schemas-micr= osoft-com:office:office" xmlns:w=3D"urn:schemas-microsoft-com:office:word" = xmlns=3D"http://www.w3.org/TR/REC-html40"> <head> <META HTTP-EQUIV=3D"Content-Type" CONTENT=3D"text/html; charset=3Diso-8859-= 1"> <meta name=3DProgId content=3DWord.Document> <meta name=3DGenerator content=3D"Microsoft Word 9"> <meta name=3DOriginator content=3D"Microsoft Word 9"> <link rel=3DFile-List href=3D"cid:filelist.xml@01C22AB5.A4C73100">  <style>  </style>  </head> <body bgcolor=3Dwhite lang=3DEN-US link=3Dblue vlink=3Dblue style=3D'tab-in= terval:.5in'> <div class=3DSection1> Gee-= Wiz Tom! Was this a telcom VR fund?<o:p></o:p> <![i= f !supportEmptyParas]> <![endif]><o:p></o:p> E<o:= p></o:p> <![i= f !supportEmptyParas]> <![endif]><o:p></o:p> -----Original Message----- From: Tom Worley [mailto:stkguru@bellsouth.net] Sent: Saturday, July 13, 200= 2 9:31 PM To: canslim@lists.xmission.c= om Subject: Re: [CANSLIM] M - f= asten your seatbelt <![if !supportEmptyParas]> <![endif]><o:p><= /o:p> real money, IRA and margin acct. The VR Fund only has $4K left out of a million.= <o:p></o= :p> = ;<o:p></o= :p> ----- Original Message -----=20 <div style=3D'font-color:black'><o:p></o:p> <font= size=3D2 color=3Dblack face=3DArial>From: <a href=3D"mailto:genr@swbell.net" title=3D"genr@swbell.net">Gene Ricci</a> </= span><o:p></o:p> </div> To: <a href=3D"mailto:canslim@lists.xmission.com" title=3D"canslim@lists.xmission.= com">canslim@lists.xmission.com</a> <o:p></o:p><= /font> Sent: Saturday, July 13= , 2002 10:34 PM<o:p></o:p> Subject: Re: [CANSLIM] M - fasten your seatbelt<o:p></o:p> <![if= !supportEmptyParas]> <![endif]><o:p></o= :p> Tom, is this your real account or the VA account? Not to= be nosy but real money seems risky right now... academically it's the time to buy.... but real money is hard to come by, let alone margin.. IMHO.<= /font><o:p></o= :p> = ;<o:p></o= :p> Gene<o:p></o:p> = ;<o:p></o= :p> <div style=3D'border:none;border-left:solid black 1.5pt;padding:0in 0in 0in= 4.0pt'> ----- Original Message ----- <o:p></o:p> <p class=3DMsoNormal style=3D'mso-margin-top-alt:auto;mso-margin-bottom-alt= :auto; margin-left:39.75pt;background:#E4E4E4;border:none;mso-border-left-alt:soli= d black 1.5pt; padding:0in;mso-padding-alt:0in 0in 0in 4.0pt'> <div style=3D'font-color:black'>From: <a href=3D"mailto:stkguru@bellsouth.net" title=3D"stkguru@bellsouth.net">Tom W= orley</a> </div> <o:p></o:p> To: <a href=3D"mailto:canslim@lists.xmission.com" title=3D"canslim@lists.xmission.= com">canslim@lists.xmission.com</a> <o:p></o:p><= /font> Sent: Saturday, July 13= , 2002 8:31 PM<o:p></o:p> Subject: Re: [CANSLIM] M - fasten your seatbelt<o:p></o:p> <![if= !supportEmptyParas]> <![endif]><o:p></o= :p> sure = hope you are wrong, Ernie, I am long and remaining so, fully invested and on margin. Sold one small position (last of my 4th trip on EPIQ) and already have buy orders in for Monday for that cash and the rest of my margin buying power. I see some evidence of a bottom forming, and wit= h earnings starting next week, and very oversold conditions, I believe I can<= br> make some more money. Not an "M" for most, best to sit in cash and wait for the markets= to confirm a bottom, as well as an uptrend (which may well not last). But I like being= at the front of the pack, at least on the way up. - ----- Original Message ----- From: "Hill, Ernie" <<a href=3D"mailto:Ernie.Hill@ElPaso.com">= Ernie.Hill@ElPaso.com</a>> To: <<a href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmissio= n.com</a>> Cc: "'DanC'" <<a href=3D"mailto:danc@compuall.net">danc@compua= ll.net</a>> Sent: Saturday, July 13, 2002 9:22 PM Subject: [CANSLIM] M - fasten your seatbelt Friends this forecast is made with trepidation. It is not influenced by anything that we have recently discussed or anyone else's work. This forecast comes purely from what I see in the Market from my own system. It is obvious that the last turn high forecast for the 7-15 turn window actually occurred on 7-8 at a price level of 993.59 roughly 5.5 points shy<= br> of the forecast level of 999. When a high turn comes early outside the turn= window and short of the forecast target it is a signal that the market is<b= r> very weak and that an acceleration of the decline is likely. The bounce that I am expecting is a common reaction to the "missed&quo= t; turn window. Often when a turn comes early outside the window prices will bounce= near the highest probability turn date. In this case 7-15. I have recently<= br> forecast the 964-968 level for the top of this bounce. After doing more wor= k today it appears that the 946 level is an equally likely target for the top= of this bounce. Look for these two key levels and expect the market to turn= dramatically downward from one of them. This will likely happen Monday or<b= r> Tuesday. From there the next low turn is due in the time window around 8-13 expect<b= r> this turn to occur late in the window probably 8-15 or 8-16. My current target range for this low turn is 759-782. I know this is almost unthinkable. If my high bounce target of 964-968 is met this could be a 20%= decline in a month. If you are long exercise extreme caution. Dan F enjoy yourself. I feel compelled to add a disclaimer. I am not an investment advisor. This<= br> is merely my opinion based on my observations of the market. Before making<= br> any investment decisions please seek out a competent investment advisor, someone like your spouse. 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. ****************************************************************** - - - -To subscribe/unsubscribe, email "<a href=3D"mailto:majordomo@xmission= .com">majordomo@xmission.com</a>" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. - - - -To subscribe/unsubscribe, email "<a href=3D"mailto:majordomo@xmission= .com">majordomo@xmission.com</a>" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email.</s= pan><o:p></o= :p> </div> </div> <CODE> ****************************************************************** 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. ****************************************************************** </CODE></body> </html> - ------_=_NextPart_001_01C22ADF.8D75DAE0-- - - - -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: Sat, 13 Jul 2002 21:41:40 -0500 From: "Hill, Ernie" <Ernie.Hill@ElPaso.com> Subject: RE: [CANSLIM] more evidence that I am hard-headed Mona I will give it one more try. You would think with my computer savvy I could figure out how to get a 6K file to post to this group. -----Original Message----- From: Mona Guarino [mailto:webmaster@design21.com] Sent: Saturday, July 13, 2002 11:51 PM To: canslim@lists.xmission.com Subject: RE: [CANSLIM] more evidence that I am hard-headed Ernie, I just get text saying "<<...OLE_Obj...>>," and no sign of a chart or link or anything . . . - -- Mona ****************************************************************** 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. ****************************************************************** - - - -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: Sat, 13 Jul 2002 22:44:51 -0400 From: "Tom Worley" <stkguru@bellsouth.net> Subject: Re: [CANSLIM] M - fasten your seatbelt This is a multi-part message in MIME format. - ------=_NextPart_000_0175_01C22ABE.E651F980 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable no, that's $4K cash, the fund is slightly ahead of original (Aug 6, = 2001) starting value, and is now an Information Technology fund. - ----- Original Message -----=20 From: Hill, Ernie=20 To: 'canslim@lists.xmission.com'=20 Sent: Saturday, July 13, 2002 10:38 PM Subject: RE: [CANSLIM] M - fasten your seatbelt Gee-Wiz Tom! Was this a telcom VR fund? =20 E =20 - -----Original Message----- From: Tom Worley [mailto:stkguru@bellsouth.net] Sent: Saturday, July 13, 2002 9:31 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] M - fasten your seatbelt =20 real money, IRA and margin acct. The VR Fund only has $4K left out of a = million. =20 - ----- Original Message -----=20 From: Gene Ricci=20 To: canslim@lists.xmission.com=20 Sent: Saturday, July 13, 2002 10:34 PM Subject: Re: [CANSLIM] M - fasten your seatbelt =20 Tom, is this your real account or the VA account? Not to be nosy but = real money seems risky right now... academically it's the time to = buy.... but real money is hard to come by, let alone margin.. IMHO. =20 Gene =20 - ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Saturday, July 13, 2002 8:31 PM Subject: Re: [CANSLIM] M - fasten your seatbelt =20 sure hope you are wrong, Ernie, I am long and remaining so, fully = invested and on margin. Sold one small position (last of my 4th trip on EPIQ) and already have buy orders in for Monday for that cash and the rest of my margin buying power. I see some evidence of a bottom forming, and with earnings starting next week, and very oversold conditions, I believe I = can make some more money. Not an "M" for most, best to sit in cash and wait for the markets to = confirm a bottom, as well as an uptrend (which may well not last). But I like = being at the front of the pack, at least on the way up. - ----- Original Message ----- From: "Hill, Ernie" <Ernie.Hill@ElPaso.com> To: <canslim@lists.xmission.com> Cc: "'DanC'" <danc@compuall.net> Sent: Saturday, July 13, 2002 9:22 PM Subject: [CANSLIM] M - fasten your seatbelt Friends this forecast is made with trepidation. It is not influenced by anything that we have recently discussed or anyone else's work. This forecast comes purely from what I see in the Market from my own system. It is obvious that the last turn high forecast for the 7-15 turn window actually occurred on 7-8 at a price level of 993.59 roughly 5.5 points = shy of the forecast level of 999. When a high turn comes early outside the = turn window and short of the forecast target it is a signal that the market = is very weak and that an acceleration of the decline is likely. The bounce that I am expecting is a common reaction to the "missed" turn window. Often when a turn comes early outside the window prices will = bounce near the highest probability turn date. In this case 7-15. I have = recently forecast the 964-968 level for the top of this bounce. After doing more = work today it appears that the 946 level is an equally likely target for the = top of this bounce. Look for these two key levels and expect the market to = turn dramatically downward from one of them. This will likely happen Monday = or Tuesday. From there the next low turn is due in the time window around 8-13 = expect this turn to occur late in the window probably 8-15 or 8-16. My current target range for this low turn is 759-782. I know this is almost unthinkable. If my high bounce target of 964-968 is met this could be a = 20% decline in a month. If you are long exercise extreme caution. Dan F enjoy yourself. I feel compelled to add a disclaimer. I am not an investment advisor. = This is merely my opinion based on my observations of the market. Before = making any investment decisions please seek out a competent investment advisor, someone like your spouse. 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. ****************************************************************** - - - -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. ****************************************************************** 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_0175_01C22ABE.E651F980 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable <!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> <HTML xmlns=3D"http://www.w3.org/TR/REC-html40" xmlns:v =3D=20 "urn:schemas-microsoft-com:vml" xmlns:o =3D=20 "urn:schemas-microsoft-com:office:office" xmlns:w =3D=20 "urn:schemas-microsoft-com:office:word"><HEAD> <META http-equiv=3DContent-Type content=3D"text/html; = charset=3Diso-8859-1"> <META content=3DWord.Document name=3DProgId> <META content=3D"MSHTML 6.00.2716.2200" name=3DGENERATOR> <META content=3D"Microsoft Word 9" name=3DOriginator><LINK=20 href=3D"cid:filelist.xml@01C22AB5.A4C73100" rel=3DFile-List> <STYLE>@font-face { font-family: Tahoma; } @font-face { font-family: Comic Sans MS; } @page Section1 {size: 8.5in 11.0in; margin: 1.0in 1.25in 1.0in 1.25in; = mso-header-margin: .5in; mso-footer-margin: .5in; mso-paper-source: 0; } P.MsoNormal { FONT-SIZE: 12pt; MARGIN: 0in 0in 0pt; FONT-FAMILY: "Times New Roman"; = mso-style-parent: ""; mso-pagination: widow-orphan; = mso-fareast-font-family: "Times New Roman" } LI.MsoNormal { FONT-SIZE: 12pt; MARGIN: 0in 0in 0pt; FONT-FAMILY: "Times New Roman"; = mso-style-parent: ""; mso-pagination: widow-orphan; = mso-fareast-font-family: "Times New Roman" } DIV.MsoNormal { FONT-SIZE: 12pt; MARGIN: 0in 0in 0pt; FONT-FAMILY: "Times New Roman"; = mso-style-parent: ""; mso-pagination: widow-orphan; = mso-fareast-font-family: "Times New Roman" } A:link { COLOR: blue; TEXT-DECORATION: underline; text-underline: single } SPAN.MsoHyperlink { COLOR: blue; TEXT-DECORATION: underline; text-underline: single } A:visited { COLOR: blue; TEXT-DECORATION: underline; text-underline: single } SPAN.MsoHyperlinkFollowed { COLOR: blue; TEXT-DECORATION: underline; text-underline: single } P.MsoAutoSig { FONT-SIZE: 12pt; MARGIN: 0in 0in 0pt; FONT-FAMILY: "Times New Roman"; = mso-pagination: widow-orphan; mso-fareast-font-family: "Times New Roman" } LI.MsoAutoSig { FONT-SIZE: 12pt; MARGIN: 0in 0in 0pt; FONT-FAMILY: "Times New Roman"; = mso-pagination: widow-orphan; mso-fareast-font-family: "Times New Roman" } DIV.MsoAutoSig { FONT-SIZE: 12pt; MARGIN: 0in 0in 0pt; FONT-FAMILY: "Times New Roman"; = mso-pagination: widow-orphan; mso-fareast-font-family: "Times New Roman" } SPAN.EmailStyle17 { COLOR: navy; mso-style-type: personal-reply; mso-ansi-font-size: = 10.0pt; mso-ascii-font-family: Arial; mso-hansi-font-family: Arial; = mso-bidi-font-family: Arial } DIV.Section1 { page: Section1 } </STYLE> </HEAD> <BODY lang=3DEN-US style=3D"tab-interval: .5in" vLink=3Dblue link=3Dblue = bgColor=3Dwhite> <DIV>no, that's $4K cash, the fund is slightly ahead = of=20 original (Aug 6, 2001) starting value, and is now an Information = Technology=20 fund.</DIV> <DIV> </DIV> <DIV style=3D"FONT: 10pt arial">----- Original Message -----=20 <DIV style=3D"BACKGROUND: #e4e4e4; font-color: black">From: <A=20 title=3DErnie.Hill@ElPaso.com = href=3D"mailto:Ernie.Hill@ElPaso.com">Hill, Ernie</A>=20 </DIV> <DIV>To: <A title=3Dcanslim@lists.xmission.com=20 href=3D"mailto:'canslim@lists.xmission.com'">'canslim@lists.xmission.com'= </A>=20 </DIV> <DIV>Sent: Saturday, July 13, 2002 10:38 PM</DIV> <DIV>Subject: RE: [CANSLIM] M - fasten your seatbelt</DIV></DIV> <DIV> </DIV> <DIV class=3DSection1> <SPAN=20 style=3D"FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: = 12.0pt">Gee-Wiz=20 Tom! Was this a telcom VR fund?<o:p></o:p> <SPAN=20 style=3D"FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: = 12.0pt"><![if = !supportEmptyParas]><![endif]> <o:p></o:p> <SPAN=20 style=3D"FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: = 12.0pt">E<o:p></o:p> <SPAN=20 style=3D"FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: = 12.0pt"><![if = !supportEmptyParas]><![endif]> <o:p></o:p> <SPAN=20 style=3D"FONT-SIZE: 10pt; COLOR: black; FONT-FAMILY: = Tahoma">-----Original=20 Message----- From: = Tom Worley=20 [mailto:stkguru@bellsouth.net] <SPAN=20 style=3D"FONT-WEIGHT: bold">Sent: Saturday, July 13, 2002 = 9:31=20 PM To: <A=20 href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>= <SPAN=20 style=3D"FONT-WEIGHT: bold">Subject: Re: [CANSLIM] M - fasten = your=20 seatbelt <SPAN=20 style=3D"FONT-SIZE: 12pt"><![if = !supportEmptyParas]><![endif]> <o:p></o:p> real=20 money, IRA and margin acct. The VR Fund only has $4K left out of a=20 million.<SPAN=20 style=3D"COLOR: black; mso-color-alt: = windowtext"><o:p></o:p> <SPAN=20 style=3D"FONT-SIZE: 12pt; COLOR: black"> <FONT=20 color=3Dblack><SPAN=20 style=3D"COLOR: black; mso-color-alt: = windowtext"><o:p></o:p> -----=20 Original Message -----=20 <DIV style=3D"font-color: black"><SPAN=20 style=3D"FONT-SIZE: 10pt; COLOR: black; FONT-FAMILY: Arial; = mso-color-alt: windowtext"><o:p></o:p> <FONT=20 face=3DArial color=3Dblack size=3D2><SPAN=20 style=3D"FONT-WEIGHT: bold; FONT-SIZE: 10pt; COLOR: black; FONT-FAMILY: = Arial">From:<FONT=20 face=3DArial color=3Dblack size=3D2><SPAN=20 style=3D"FONT-SIZE: 10pt; COLOR: black; FONT-FAMILY: Arial"> <A=20 title=3Dgenr@swbell.net href=3D"mailto:genr@swbell.net">Gene Ricci</A>=20 <SPAN=20 style=3D"FONT-SIZE: 10pt; COLOR: black; FONT-FAMILY: Arial; = mso-color-alt: windowtext"><o:p></o:p></DIV> <SPAN=20 style=3D"FONT-WEIGHT: bold; FONT-SIZE: 10pt; COLOR: black; FONT-FAMILY: = Arial">To:<FONT=20 face=3DArial color=3Dblack size=3D2><SPAN=20 style=3D"FONT-SIZE: 10pt; COLOR: black; FONT-FAMILY: Arial"> <A=20 title=3Dcanslim@lists.xmission.com=20 href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>= =20 <SPAN=20 style=3D"FONT-SIZE: 10pt; COLOR: black; FONT-FAMILY: Arial; = mso-color-alt: windowtext"><o:p></o:p> <SPAN=20 style=3D"FONT-WEIGHT: bold; FONT-SIZE: 10pt; COLOR: black; FONT-FAMILY: = Arial">Sent:<FONT=20 face=3DArial color=3Dblack size=3D2><SPAN=20 style=3D"FONT-SIZE: 10pt; COLOR: black; FONT-FAMILY: Arial"> Saturday, = July 13,=20 2002 10:34 PM<SPAN=20 style=3D"FONT-SIZE: 10pt; COLOR: black; FONT-FAMILY: Arial; = mso-color-alt: windowtext"><o:p></o:p> <SPAN=20 style=3D"FONT-WEIGHT: bold; FONT-SIZE: 10pt; COLOR: black; FONT-FAMILY: = Arial">Subject:<FONT=20 face=3DArial color=3Dblack size=3D2><SPAN=20 style=3D"FONT-SIZE: 10pt; COLOR: black; FONT-FAMILY: Arial"> Re: = [CANSLIM] M -=20 fasten your seatbelt<SPAN=20 style=3D"FONT-SIZE: 10pt; COLOR: black; FONT-FAMILY: Arial; = mso-color-alt: windowtext"><o:p></o:p> <![if !supportEmptyParas]><![endif]> <FONT=20 color=3Dblack><SPAN=20 style=3D"COLOR: black; mso-color-alt: = windowtext"><o:p></o:p> <SPAN=20 style=3D"FONT-SIZE: 12pt; COLOR: black; FONT-FAMILY: 'Comic Sans = MS'">Tom, is this=20 your real account or the VA account? Not to be nosy but real money = seems=20 risky right now... academically it's the time to buy.... but real money = is hard=20 to come by, let alone margin.. IMHO.<SPAN=20 style=3D"COLOR: black; mso-color-alt: = windowtext"><o:p></o:p> <SPAN=20 style=3D"FONT-SIZE: 12pt; COLOR: black"> <FONT=20 color=3Dblack><SPAN=20 style=3D"COLOR: black; mso-color-alt: = windowtext"><o:p></o:p> <SPAN=20 style=3D"FONT-SIZE: 12pt; COLOR: black; FONT-FAMILY: 'Comic Sans = MS'">Gene<FONT=20 color=3Dblack><SPAN=20 style=3D"COLOR: black; mso-color-alt: = windowtext"><o:p></o:p> <SPAN=20 style=3D"FONT-SIZE: 12pt; COLOR: black"> <FONT=20 color=3Dblack><SPAN=20 style=3D"COLOR: black; mso-color-alt: = windowtext"><o:p></o:p> <DIV=20 style=3D"BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: = medium none; PADDING-LEFT: 4pt; PADDING-BOTTOM: 0in; BORDER-LEFT: black = 1.5pt solid; PADDING-TOP: 0in; BORDER-BOTTOM: medium none"> <P class=3DMsoNormal=20 style=3D"BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: = medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; MARGIN-LEFT: = 39.75pt; BORDER-LEFT: medium none; PADDING-TOP: 0in; BORDER-BOTTOM: = medium none; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; = mso-border-left-alt: solid black 1.5pt; mso-padding-alt: 0in 0in 0in = 4.0pt"><FONT=20 face=3DArial color=3Dblack size=3D2><SPAN=20 style=3D"FONT-SIZE: 10pt; COLOR: black; FONT-FAMILY: Arial">----- = Original Message=20 - ----- <SPAN=20 style=3D"FONT-SIZE: 10pt; COLOR: black; FONT-FAMILY: Arial; = mso-color-alt: windowtext"><o:p></o:p> <P class=3DMsoNormal=20 style=3D"BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: = medium none; PADDING-LEFT: 0in; BACKGROUND: #e4e4e4; PADDING-BOTTOM: = 0in; MARGIN-LEFT: 39.75pt; BORDER-LEFT: medium none; PADDING-TOP: 0in; = BORDER-BOTTOM: medium none; mso-margin-top-alt: auto; = mso-margin-bottom-alt: auto; mso-border-left-alt: solid black 1.5pt; = mso-padding-alt: 0in 0in 0in 4.0pt"><FONT=20 face=3DArial color=3Dblack size=3D2><SPAN=20 style=3D"FONT-WEIGHT: bold; FONT-SIZE: 10pt; COLOR: black; FONT-FAMILY: = Arial"> <DIV style=3D"font-color: black">From:<SPAN=20 style=3D"FONT-SIZE: 10pt; COLOR: black; FONT-FAMILY: Arial"> <A=20 title=3Dstkguru@bellsouth.net href=3D"mailto:stkguru@bellsouth.net">Tom = Worley</A>=20 </DIV><SPAN=20 style=3D"FONT-SIZE: 10pt; COLOR: black; FONT-FAMILY: Arial; = mso-color-alt: windowtext"><o:p></o:p> <P class=3DMsoNormal=20 style=3D"BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: = medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; MARGIN-LEFT: = 39.75pt; BORDER-LEFT: medium none; PADDING-TOP: 0in; BORDER-BOTTOM: = medium none; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; = mso-border-left-alt: solid black 1.5pt; mso-padding-alt: 0in 0in 0in = 4.0pt"><FONT=20 face=3DArial color=3Dblack size=3D2><SPAN=20 style=3D"FONT-WEIGHT: bold; FONT-SIZE: 10pt; COLOR: black; FONT-FAMILY: = Arial">To:<FONT=20 face=3DArial color=3Dblack size=3D2><SPAN=20 style=3D"FONT-SIZE: 10pt; COLOR: black; FONT-FAMILY: Arial"> <A=20 title=3Dcanslim@lists.xmission.com=20 href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>= =20 <SPAN=20 style=3D"FONT-SIZE: 10pt; COLOR: black; FONT-FAMILY: Arial; = mso-color-alt: windowtext"><o:p></o:p> <P class=3DMsoNormal=20 style=3D"BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: = medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; MARGIN-LEFT: = 39.75pt; BORDER-LEFT: medium none; PADDING-TOP: 0in; BORDER-BOTTOM: = medium none; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; = mso-border-left-alt: solid black 1.5pt; mso-padding-alt: 0in 0in 0in = 4.0pt"><FONT=20 face=3DArial color=3Dblack size=3D2><SPAN=20 style=3D"FONT-WEIGHT: bold; FONT-SIZE: 10pt; COLOR: black; FONT-FAMILY: = Arial">Sent:<FONT=20 face=3DArial color=3Dblack size=3D2><SPAN=20 style=3D"FONT-SIZE: 10pt; COLOR: black; FONT-FAMILY: Arial"> Saturday, = July 13,=20 2002 8:31 PM<SPAN=20 style=3D"FONT-SIZE: 10pt; COLOR: black; FONT-FAMILY: Arial; = mso-color-alt: windowtext"><o:p></o:p> <P class=3DMsoNormal=20 style=3D"BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: = medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; MARGIN-LEFT: = 39.75pt; BORDER-LEFT: medium none; PADDING-TOP: 0in; BORDER-BOTTOM: = medium none; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; = mso-border-left-alt: solid black 1.5pt; mso-padding-alt: 0in 0in 0in = 4.0pt"><FONT=20 face=3DArial color=3Dblack size=3D2><SPAN=20 style=3D"FONT-WEIGHT: bold; FONT-SIZE: 10pt; COLOR: black; FONT-FAMILY: = Arial">Subject:<FONT=20 face=3DArial color=3Dblack size=3D2><SPAN=20 style=3D"FONT-SIZE: 10pt; COLOR: black; FONT-FAMILY: Arial"> Re: = [CANSLIM] M -=20 fasten your seatbelt<SPAN=20 style=3D"FONT-SIZE: 10pt; COLOR: black; FONT-FAMILY: Arial; = mso-color-alt: windowtext"><o:p></o:p> <P class=3DMsoNormal=20 style=3D"BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: = medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; MARGIN-LEFT: = 39.75pt; BORDER-LEFT: medium none; PADDING-TOP: 0in; BORDER-BOTTOM: = medium none; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; = mso-border-left-alt: solid black 1.5pt; mso-padding-alt: 0in 0in 0in = 4.0pt"><FONT=20 face=3D"Times New Roman" color=3Dblack size=3D3><SPAN=20 style=3D"FONT-SIZE: 12pt; COLOR: black"><![if = !supportEmptyParas]><![endif]> <FONT=20 color=3Dblack><SPAN=20 style=3D"COLOR: black; mso-color-alt: = windowtext"><o:p></o:p> <P class=3DMsoNormal=20 style=3D"BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: = medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; MARGIN-LEFT: = 39.75pt; BORDER-LEFT: medium none; PADDING-TOP: 0in; BORDER-BOTTOM: = medium none; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; = mso-border-left-alt: solid black 1.5pt; mso-padding-alt: 0in 0in 0in = 4.0pt"><FONT=20 face=3D"Times New Roman" color=3Dblack size=3D3><SPAN=20 style=3D"FONT-SIZE: 12pt; COLOR: black">sure hope you are wrong, Ernie, = I am long=20 and remaining so, fully invested and on margin. Sold one small = position (last=20 of my 4th trip on EPIQ) and already have buy orders in for Monday for = that=20 cash and the rest of my margin buying power. I see some = evidence of a=20 bottom forming, and with earnings starting next week, and very = oversold=20 conditions, I believe I can make some more money. Not an "M" = for most,=20 best to sit in cash and wait for the markets to confirm a bottom, as = well as=20 an uptrend (which may well not last). But I like being at the front = of the=20 pack, at least on the way up. ----- Original Message = - ----- From:=20 "Hill, Ernie" <<A=20 href=3D"mailto:Ernie.Hill@ElPaso.com">Ernie.Hill@ElPaso.com</A>> To= : <<A=20 href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>= > Cc:=20 "'DanC'" <<A=20 href=3D"mailto:danc@compuall.net">danc@compuall.net</A>> Sent: = Saturday,=20 July 13, 2002 9:22 PM Subject: [CANSLIM] M - fasten your=20 seatbelt Friends this forecast is made with trepidation. It = is not=20 influenced by anything that we have recently discussed or anyone = else's work.=20 This forecast comes purely from what I see in the Market from my own=20 system. It is obvious that the last turn high forecast for the = 7-15 turn=20 window actually occurred on 7-8 at a price level of 993.59 roughly = 5.5 points=20 shy of the forecast level of 999. When a high turn comes early = outside the=20 turn window and short of the forecast target it is a signal that the = market=20 is very weak and that an acceleration of the decline is = likely. The=20 bounce that I am expecting is a common reaction to the "missed" = turn window.=20 Often when a turn comes early outside the window prices will = bounce near the=20 highest probability turn date. In this case 7-15. I have = recently forecast=20 the 964-968 level for the top of this bounce. After doing more = work today it=20 appears that the 946 level is an equally likely target for the top of = this=20 bounce. Look for these two key levels and expect the market to=20 turn dramatically downward from one of them. This will likely happen = Monday=20 or Tuesday. From there the next low turn is due in the time = window=20 around 8-13 expect this turn to occur late in the window probably = 8-15 or=20 8-16. My current target range for this low turn is 759-782. I know = this is=20 almost unthinkable. If my high bounce target of 964-968 is met this = could be=20 a 20% decline in a month. If you are long exercise extreme = caution.=20 Dan F enjoy yourself. I feel compelled to add a disclaimer. I am = not an=20 investment advisor. This is merely my opinion based on my = observations of the=20 market. Before making any investment decisions please seek out a = competent=20 investment advisor, someone like your=20 spouse. E *********************************************= ********************* 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 to=20 whom they are addressed. If you have received this email in error = please=20 notify=20 the sender. *******************************************************= *********** - -To=20 subscribe/unsubscribe, email "<A=20 href=3D"mailto:majordomo@xmission.com">majordomo@xmission.com</A>" -In= the=20 email body, write "subscribe canslim" or -"unsubscribe = canslim". Do not=20 use quotes in your email. - -To = subscribe/unsubscribe,=20 email "<A=20 href=3D"mailto:majordomo@xmission.com">majordomo@xmission.com</A>" -In= the=20 email body, write "subscribe canslim" or -"unsubscribe = canslim". Do not=20 use quotes in your email.<SPAN=20 style=3D"COLOR: black; mso-color-alt: = windowtext"><o:p></o:p></DIV></DIV><CODE><FONT=20 size=3D3> ********************************************************= ********** 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 to=20 whom they are addressed. If you have received this email in error = please=20 notify the=20 sender. **********************************************************= ******** </CODE></BODY></HTML> - ------=_NextPart_000_0175_01C22ABE.E651F980-- - - - -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 #2601 ****************************** 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.