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To: hpeace who wrote (24706)	12/10/1997 10:58:00 PM
From: Boplicity	Read Replies (1) \| Respond to of 176387

... Yes camslim works so well that we can take your money and loss it should be a slogin for O'neil and his make nothing mutal fund that was based on canslim. Greg

To: hpeace who wrote (24706)	12/10/1997 11:39:00 PM
From: Chuzzlewit	Read Replies (4) \| Respond to of 176387

Steve, I think CANSLIM is the bible for people who are compulsive about losing their money! "A fool and his money ..." . Have any of these momentum guys ever asked themselves how they would fare in a bear market, or a market as choppy as the one we've has recently? Specifically, O'Neils approach advocates a trading strategy which leads to a lot of churning, and totally neglects such issues as valuation and industry outlook. The problem with O'Neil's criteria is that they are derived after the fact. In other words, he looked at the features common to stocks that experienced large gains and looked for common characteristics. But then he made the logical error of assuming that these characteristics were predictive. Oh well, I'll get off of my soapbox now! Paul