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Strategies & Market Trends : Technical Analysis- Indicators & Systems

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To: F Robert Simms who wrote (3057)	2/18/1998 8:45:00 AM
From: Doo	Read Replies (1) of 3325

Robert: CANSLIM captures Accumulation and Distribution considerations by focusing on stocks with an IBD proprietary ranking (seems alot like the descriptions of OBV, as I understand it). Also, the discipline seeks out basing patterns in stocks with institutional support in industry groups which show good relative strength. Those basing patterns reflect accumulation/distribution patterns that are discernable. I've never seen a good CANSLIM stock which did not show strong correlation with OBV and MF. Thanks for your thoughts.

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