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Strategies & Market Trends : CANSLIM - COAST TO COAST

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To: Bruce A. Brotnov who wrote (5472)11/1/1999 10:23:00 AM
From: Jeff Mulder   of 6445
 
<< Remember a month or so ago when an analyst pegged NDB to go to $100 and there was a brief run and now it is struggling just above $20. Looks like it will take a while for $100. >>

I sure do. This year, NDB has been a great example of the momentum investing cycle.

I'm paying less and less attention to analyst commentary in my investing, precisely for reasons like this. Price/volume action does a much better job of communicating which companies enjoy bright futures.

- Jeff
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