Another Brand New CANSLIM Long Up 10% The First Day
May 9, 2008
This is why I find it hard to get too bearish. Recently, even though they have a tough time making a smooth ride out of it, most of my new longs of CANSLIM quality are flying right off the bat. This is very bullish action but at the same time seeing so many close to being near-perfect charts being turned into mediocre charts.
It is clearly a stock pickers market. Another day, another monster return. I hope this can continue. This market might be choppy but the recent new longs have been doing very well.
Hard to get too bearish when things are working out pretty OK.
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