Tuesday, May 03, 2005

The skinny on CAN SLIM

So I've been doing a bit of reading lately of books by William O'Neil, the founder of Investors Business Daily newspaper. He claims his method of picking winning stocks - CAN SLIM - if followed consistently and absolutely to the letter of the law, will yield substantial gains more often than not. Now, the other side of the room says that this (or any) kind of technical analysis is a joke - that the market cannot, on average, be beaten.

Here's some info on CAN SLIM from Investopedia. Take a look for yourself, let me know what you think. If any of you have used this or another strategy, post your thoughts.

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