CANSLIM FUND not doing great is it?

my money manager uses bill o'neils strategies and since dec 07 i'm up 10%- dunno what crack this fund is using, must not be observing the 8% s/l on all positions to be down 15% ytd~ couldn't have stopped out twice.
 
problem is Mutual Funds have to be 100% invested at all times and have to diversfiy massively. So that goes against his trading rules.

I guess he's making a ton from management fees?
 
Quote from chipmunk:

problem is Mutual Funds have to be 100% invested at all times and have to diversfiy massively. So that goes against his trading rules.

I guess he's making a ton from management fees?
More...
no they dont. they are free to do whatever their charter lays out.
 
Quote from dumb_mother:

my money manager uses bill o'neils strategies and since dec 07 i'm up 10%
More...

The performance of the various CANSLIM followers is very highly dependent on whether they went to cash in 2008, or stayed invested in a CANSLIM-based basket of stocks.

As best I can tell from weekly IBDs, CANSLIM itself -- without timing the broad market -- has been roughly market-perform versus a random basket of comparable stocks.
 
I've done very well for over 10 ten years using research studies conducted by O'Neil + Co.

The public use (by them) of their methods with fund management has had mixed results.

Interestingly, some basic trading strategy rules I derived in 1998, along with their basic tenets, I've seen show up as their offerings that have evolved over the years.

For instance, strict stop-loss methods are GREAT, as being effective in not only the bear market of 2000-2002, but the recent 50% slide of 2008.

For me (at the time I had a LONG-only strategy) that meant cashing out and going into a "wait-and-see" mode, which SAVED TONS in losses!

That was not the case for the IBD indexes or offerings. Now they can *only* state that they have "out-performed" over the years and not <i>trounced</i>.

However, I have seen a backtested study by IBD that has uncovered this little gem and shows that a fund offering will now use this method (adjusting cash portion as the market dictates).

Even still, during market uptrends the <b>can slim</b> method of stock picking is superior. Just keep losses to a minimum. CANGX probably needs to hold positions throughout all market periods so. . .

Pay$
 
yes I thought this was the case as well.... it's not the CANSLIM HEDGE FUND IS IT?
--------------------------------------------------
CANGX probably needs to hold positions throughout all market periods so. . .
 
wel lthe easiest way to make money in stocks without a doubt is:

1) Wait for bull trend

2) Go long a few of the leading high priced stocks. Cut losses. Let profits run.

That's it! That'll beat 99% of "systems" out there.
 
You must log in or register to reply here.
Back
Top