CANSLIM suggests that you should study general market every they. It recommends to study three indicies.
S&P500: consisting of 500 compannies, this index is broader, more modern presentation of market action than the Dow.
Dow Jones industrial average(DJIA):This index consist of 30 widely traded stocks, and while it used to focus primarly on large, cyclical, industrial issues, it has broadened a little in recent years to include companies like coca-cola and home depot. it is a simple but rather out-of-date average to study because it is dominated by established, old-line companies that grow more slowly than today's more modern, enterpreneurial companies. Also its 30 stocks can be more easily manipulated.
The Nasdaq Composite: The more relevant and volatile index in recent years, the Nasdaq is home to the market's younger, more innovative and fast-growing companies. It includes 4000 companies that trade view the Nasdaq network of market makers, and it is more heavily weighted toward the technology sector.
Source: How to make money in stocks, william j.o'neil, page 48
Posts mit dem Label CANSLIM werden angezeigt. Alle Posts anzeigen
Posts mit dem Label CANSLIM werden angezeigt. Alle Posts anzeigen
Dienstag, 1. Mai 2007
Abonnieren
Posts (Atom)