The “I” in CANSLIM refers to “Institutional Support”. The ideas is that a stock that is being accumulated by the big funds will move higher and find support on larger dips. I find that out of all of the CANSLIM rules, I ignore this one the most. It is not because I want too, it is mainly because the information is a pain in ass to find.
Well it looks like I don’t have that excuse anyone as I recently stumbled upon a really cool website. It is called MMAIS.com and it pulls together all of the buying and selling of large funds. Go check it out. It may not be the atheistically pleasing site, but it sure has a ton of good stuff.
Good info. Thanks.
Also, I left you a comment on the last page regarding the original SBUX TD Sequential call.
how do they know ? where do they get this information ? how do you know it’s reliable ?
Fascinating info. Look at Canadian Solar and it is easy to understand the strength in this stock. Thanks for the great info. Do you have an estimate on marketturbulence.com?
Kevin
The info comes from the mutual funds themselves. They have to report their holdings.
As for an estimate on MarketTurbulence.com, my main obstacle is Worden brothers. They make it very difficult to share information in any way but their own.
Hi Paul
Is MarketTurbulence your new site?
When you’re ready I’ll be very interested in joining
Regards
Bob Mc
Yes it is. Right now I’m working on writting up all of the content.
I think I’ll offer each indicator individually and then offer a membership for helping people apply the indicators.
It is nice to know you are interested. Thanks.