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Be really interested to hear your op on Canslim generally....
overall do you think it's really viable for Aus. stocks.
disregarding bear or bull markets, just generally speaking.


Cass
I think CANSLIM works well in a bull market and in markets where there is lots of momentum and a high turnover of stock on a daily basis. The principle of CANSLIM is fairly basic but you do need these things to apply to a stock to see if it is a CANSLIM candidate. A lot of Oz stocks simply don't the daily turnover for a start. I think that in the right market and working with selected stocks it would work. However, while I believe O'Neill knows what he is talking about there are a number of drawbacks - to my knowledge there is no equivalent to the IBD in the Oz scene.
FWIW my view is that if you have to "fiddle" a system to make it work you may well end up getting it wrong which, in the end, will cost you money.
I really work on a very basic system of FA and TA which so far has worked well for me
Regards
Harmy
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