ibd & canslim - meetupfiles.meetup.com/503598/beginner canslim.pdf · ibd & canslim...

IBD & CANSLIMBeginner’s Forum

March 24, 2011

Livonia Investors Business Daily Meetup


CANSLIM - type Stock BIG Performance Difference!


CANSLIMWhat’s that?

Investor’s Business Daily Acronym Growth Stock Investment Strategy Top Rated by AAII for the past decade or so.


Current earnings

Annual earnings

New

Supply and demand

Leader or laggard

Institutional sponsorship

Market direction


Current Earnings


Annual Earnings


Supply & Demand

Leader or Laggard


Institutional Sponsorship


CANSLI - M‘Jewels’ from HTMMIS – 4th Edition

• Study the General Market EVERY DAY

• Right about all other items - ‘CANSLI’ 3 of 4 stocks plummet with market averages

Two Options Once a Bear Market Begins• Sell and Get Out. Raise cash.

• (33% loss requires a 50% gain)• Go short / sell short

• Specialized skill, experienced investors only.• Few make money at


Current ‘M’ Health

More ‘Jewels’ from HTMMIS – 4th Edition

Average Stocks Gain Composition

• Market Indexes – 50%

• Industry Groups/Sectors – 35%

• Leading Stocks (itself) – 15%

The Stock Market IS THE LEADING ECONOMIC INDICATOR!


Market Significance

Secular Bear Market1965 – 1982 17 years


Secular Bull Market1982 – 2000 19 years

Market Significance


Market Significance

Secular Bear Market2000 – ???? 11 years – so far


This Time Is Never DifferentSir John Templeton defined “this time is different” as the four most dangerous words in investment. Whenever you hear talk of a new era, you should behave as Circe instructed Ulysses to when he and his crew approached the Sirens: have a friend tie you to a mast.


Questions?Yes, you can make money in a secular bear market.

Any Other Questions?

ibd & canslim - meetupfiles.meetup.com/503598/beginner canslim.pdf · ibd & canslim...

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