From: "Tom Worley" Subject: Re: [CANSLIM] Intro: Tom Rogers Date: 01 Jul 2000 06:26:51 -0400 Welcome to the group, Tom, and thanks for the intro. I know it's tough changing careers in mid-life, I did that as well, and it has taken me over a decade to regain the previous income level. I have been a CANSLIMer for over a decade, having been introduced to WON and CANSLIM by a former client when I was a stock broker. I am sure many members of this group can offer ideas of how they find CANSLIM candidates, I do it by printing a list of new highs every day (free) and checking them at DGO (Daily Graphs Online, a WON product, $530/year with discount). Takes me a few hours every week, in addition to reviewing similar lists provided by DGO (one of which I review and post here weekly, which will be done in the next few hours). This has kept my watch list maintained with at least a few candidates even in bad "M". Good luck with the career hunt, as well as the investing. If you have not already read O'Neil's book HTMMIS, and the 26 week series, I strongly recommend both. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html ----- Original Message ----- Sent: Wednesday, June 28, 2000 12:42 PM Hi, I'm a professional woodworker living outside of Boston. I have been self employed for 23 years, with many employees and some major clients. I found the business to be unprofitable, probably because I gave my clients too much quality for the price. I recently moved out of Boston, and eventually closed down my shop. In the last year or so, I've been building an addition on my house as well as a major landscape project which in the end has provided my wife with so many gardens to fill with flowers that we had to hire someone to help. Along the way I have been selling custom made wooden doors which I have made for me by shops in New Hampshire and New Jersey. I guess I'm going through a mid life change (not a crisis), and I have to thank my wife for being so patient with me as I find my way to a new occupation. A few months ago we decided that I would take over management of all of our investments. I have learned so much in a short period of time, and I must admit, that I'm somewhat addicted to the stock market. I have been bopping around the internet from site to site trying to find what is most useful for me. At first I made investments in my own IRA and at the time I had no clue about canslim, I didn't know how to read the charts, I just went by what analysts were recommending along with gut instinct. Right after the correction in March I bought shares in AOL, CMGI, AMZN, MOT, OMKT. I was very pleased with myself as they were all going up, but time would prove me to be a novice, as most are in negative territory now. My second batch of investments was for my wife including CTXS. SNDK, INTC, PENG, NITE, CMVT, ELNT. The first blow was CTXS diving to 22 from my entry at 42.75, and they now have about 12 shareholder lawsuits against them. Then I find that OMKT is in the same boat with the law suits. Luckily I bought OMKT at around 8, so I think I'm pretty safe, but what really kills me is that it was up by 125% and I watched it slide down to around 50%. Lately I was overjoyed by ELNT which in a short period of time was up 25%, but the stochastic and momentum graphs that I enjoy at ClearStation showed that it was itching for a drop, and so I freaked out on Thursday with the turmoil in the late morning I thought I was going to loose my profit so I sold it locking in 16%, of course by the end of the day it was up and today it was up again! Now I'm uptight about PENG which is up 21.47%. Long story short, I need to find a program that will help me with the selection, and timing to enter and exit without wasting a ton of time. I get IBD and am hooked on the canslim concept, and have looked at a few programs including: Pitbull, Indigo, Growth Stock Analytics, Pinpoint Market Timing. I can't hang around my computer all day wondering what's going to happen next! I'm looking for suggestions, can anyone help me find a decent system that isn't too expensive (say $15 per month)? Thanks in advance Tom Rogers - - ------------------------------------------------------------------------------- From: "Tom Worley" Subject: [CANSLIM] DGO List Date: 01 Jul 2000 09:31:38 -0400 The overall list slowed a little this week, despite positive gains on all major indexes, totaling 153 vs prior week of 164. Still in a range as weeks before that were 158 and 169. As always, Bx means Base of x weeks, IMO. ADCT - continuing its LLUR ways TECH - great example of how insider selling can be a poor sign of the future, 19 instances of insider selling since Nov '99, the latest was 5/26/00. All under 80, most well under that price. Stock now at 130. Insiders have a different agenda than you or I, and often know their industry well, but the stock market not at all. KG - nearly a B2, just did a 3:2 split LTRE - B2+ VARI - handle to the cup may be trying to form DGX - nearing a B2 APH - b/o from a very short handle, still buyable, good CS elements NT - B2 SANM - B2, base on base FII - LLUR ACTL - nearly B2 SFA - B2 ADBE - sloppy B4 JBL - low vol b/o from B3 TGH - one day b/o failed (likely industry related), back to now B2 GBL - extremely smooth B3, B/O attempted on Friday on volume failed, back to the base, check for a buyout ELN - b/o from B2 on 3X vol, approaching pivot point TEVA - B4 HAIN - b/o from a B3 handle, probably too extended SPW - B4, best base I've seen so far, but sales and earnings stagnant THX - nearly a B5, tight base, oil production/exploration, earnings and sales growing PFE - B2 TECD - trading range, or sloppy B9, has growth MGG - B7, growing sales and earnings TA - long (9 week) trading range, 2X vol on Friday BCP - forming a cup, small cap HP - B5 MFC - B4, b/o failed PFGC - B6 DBRN - just inched within 5% of 12 month high on Friday on 3X ADV, closed at high of the day, watch LDSH - small cap, just breaking pivot pt off B8, good volume mid week APA - 8 week trading range HRH - B2+, looks like profit taking on heavy up vol in early latest week SMRT - B2, low priced mid/small cap BOL - B2+ BOCB - low priced B4 PDII - b/o from B2 on 2X ADV CRT - B5, low priced, small cap Happy hunting, Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html - ------------------------------------------------------------------------------- From: owner-canslim@xmission.com (Jeff Salisbury) Subject: [CANSLIM] Changing your canslim subscription Date: 01 Jul 2000 08:00:01 -0600 This is a twice monthly posting to the CANLSLIM group. Frequently, people sign up for the canslim list and then are overwhelmed by the volume of the email. There are three remedies for this problem: 1) You can leave our group. 2) you can switch to the digest version which "conglomerates" many canslim messages into one large message. Or, 3) You can setup customized filters on your own mail client to sort the incoming canslim messages to its own folder. If you wish to modify your canslim subscription, email a message to: majordomo@xmission.com The remove yourself from the canslim list, write in the body of the email: unsubscribe canslim To add yourself to the digest version of the canslim list, write in the body of the email: subscribe canslim-digest For general help with majordomo commands, write in the body of the email: help If you need further clarification, write me directly at: canslim-owner@lists.xmission.com Best Regards, Jeff Salisbury - CANSLIM list admin / owner - ------------------------------------------------------------------------------- From: han.26@osu.edu Subject: [CANSLIM] M and non NASDAQ indices Date: 01 Jul 2000 10:06:16 -0700 I'm curious why virtually every M [market] post relates only to the NASDAQ without much consideration of the other market indexes [NYSE, S&P500, RU2000, etc.]. I remember WON spent most of his time on the M as a whole, and when he did focus it was usually on the NYSE or IBD6000 [total stock index similar to Wilshire 5000+1000]. He mentions divergence between indices as an important signal. With that in mind, I'm a bit troubled by the bull-like exuberance I see. Keep in mind that even if the NASDAQ were the ENTIRE market, we could still simply be in a countertrend rally amidst one of the legs down in a BEAR market (we are still down over 20% from the high--a bear market by most definitions). Once you throw in the rest of the market, the situation looks even more like a bear. The Dow and S&P500 have both been anemic for over 1/2 a year. Also consider the long-term affects of Fed tightenings as mentioned in HTMMIS. There's a high correlation between 3 tightenings in a row and later market downturns. Any comments? Jim still-not-convinced-we're-in-a-bull-market - ------------------------------------------------------------------------------- From: "Tom Gumpel" Subject: Re: [CANSLIM] Intro: Tom Rogers Date: 01 Jul 2000 17:27:05 +0300 By my reckoning, that makes 3 Toms on this list. That's the most I have ever seen in one place! Welcome to the group, Tom R. We're basically a nice group of blokes, but sometimes we get a bit hot under the collar. May I recommend 2 other books that you may want to read, that I, and others, have found very helpful? "Secrets for profiting in bull and bear markets" by Sam Weinstein. You'll find that it gives a wonderful and easy to understand discussion of technical analysis, and a great chapter on how to set stops. "Trader Vic" by Sperandeo. A very good book on technical analysis, but you have to take a deep breath, since he's an Ayn Rand fanatic. Both books are not technically canslim, but since canslim is a mixture of fundamental and technical analysis, and since so much of technical analysis is not understood, they are excellent reads. Tom W. where do you get your daily list from? As in "I do it by printing a list of new highs every day (free)..." Tom G. - ------------------------------------------------------------------------------- From: BRF2@aol.com Subject: [CANSLIM] Thanks Date: 01 Jul 2000 11:27:35 EDT I would like to thank the contributors to his board for all there efforts and goodwill. The board has been very helpful and I sure appreciate the DGO list. Frank Altomare - ------------------------------------------------------------------------------- From: "Tim Fisher" Subject: Re: [CANSLIM] M and non NASDAQ indices Date: 01 Jul 2000 08:47:01 -0700 All my watch list stocks except the energy drillers are listed on the NASDAQ. And the drillers are definitely bucking the overall NYSE trend. These stocks trade with the exchange when there is no other news. So why would I and others looking for stocks breaking out watch the other indices? I have them on my Yahoo lists and observe their daily movements and occasionally glance at the charts, but if I'm looking for a favorable M for CANSLIM investing right now, I'm looking to the NAZ for my cues. At 10:06 AM 7/1/00 -0700, you wrote: >I'm curious why virtually every M [market] post relates only to the NASDAQ >without >much consideration of the other market indexes [NYSE, S&P500, RU2000, >etc.]. I >remember WON spent most of his time on the M as a whole, and when he did >focus it >was usually on the NYSE or IBD6000 [total stock index similar to Wilshire >5000+1000]. He mentions divergence between indices as an important signal. > >With that in mind, I'm a bit troubled by the bull-like exuberance I >see. Keep in >mind that even if the NASDAQ were the ENTIRE market, we could still simply >be in a >countertrend rally amidst one of the legs down in a BEAR market (we are >still down >over 20% from the high--a bear market by most definitions). Once you >throw in the >rest of the market, the situation looks even more like a bear. The Dow >and S&P500 >have both been anemic for over 1/2 a year. Also consider the long-term >affects of >Fed tightenings as mentioned in HTMMIS. There's a high correlation between 3 >tightenings in a row and later market downturns. > >Any comments? > > >Jim still-not-convinced-we're-in-a-bull-market Tim Fisher, 1995 President, Pacific Fishery Biologists Ore-ROCK-On Rockhounding Web Site PFB Information mailto:tim@OreRockOn.com WWW http://OreRockOn.com - ------------------------------------------------------------------------------- From: "Tim Fisher" Subject: Re: [CANSLIM] M and non NASDAQ indices Date: 01 Jul 2000 08:55:25 -0700 From the HGS site: >The Nasdaq made some progress this week. Volume did pick up throughout >the week, but the market is still trading sideways. Now that the FOMC >meeting is over, maybe the Nasdaq can make more progress. > >Note the 17 Day MA is well above the 50 Day MA, but it has flattened. >Ideally, it would be heading higher along with a strong market by now, but >the market still seems to be very tentative; up one day and down the next. >It needs to break out of this trading range with conviction; meaning >volume. The A/D line on the Nasdaq is flat while A/D line on the NYSE >continues to head slightly up. I wouldn't call that very bullish... Tim Fisher, 1995 President, Pacific Fishery Biologists Ore-ROCK-On Rockhounding Web Site PFB Information mailto:tim@OreRockOn.com WWW http://OreRockOn.com - ------------------------------------------------------------------------------- From: Dan Forant Subject: Re: [CANSLIM] DGO List Date: 01 Jul 2000 12:09:04 -0400 Thanks for posting these. Dan At 09:31 AM 7/1/00 -0400, you wrote: >The overall list slowed a little this week, despite positive >gains on all major indexes, totaling 153 vs prior week of 164. >Still in a range as weeks before that were 158 and 169. > >As always, Bx means Base of x weeks, IMO. > >ADCT - continuing its LLUR ways cut - ------------------------------------------------------------------------------- From: Dan Forant Subject: Re: [CANSLIM] Changing your canslim subscription Date: 01 Jul 2000 12:34:26 -0400 I like the filter version, you don't have to wait for the digest to fill before getting it. At 08:00 AM 7/1/00 -0600, you wrote: >This is a twice monthly posting to the CANLSLIM group. > >Frequently, people sign up for the canslim list and then are overwhelmed by >the volume of the email. There are three remedies for this problem: 1) You >can leave our group. 2) you can switch to the digest version which >"conglomerates" many canslim messages into one large message. Or, 3) You can >setup customized filters on your own mail client to sort the incoming canslim >messages to its own folder. > >If you wish to modify your canslim subscription, email a message to: > > majordomo@xmission.com > >The remove yourself from the canslim list, write in the body of the email: > > unsubscribe canslim > >To add yourself to the digest version of the canslim list, write in the >body of the email: > > subscribe canslim-digest > >For general help with majordomo commands, write in the body of the email: > > help > >If you need further clarification, write me directly at: > > canslim-owner@lists.xmission.com > >Best Regards, > >Jeff Salisbury - CANSLIM list admin / owner > > >- > > - ------------------------------------------------------------------------------- From: Joseph Jungbluth Subject: [CANSLIM] Getting started- (Was Intro Tom Rogers) Date: 01 Jul 2000 09:35:30 -0700 (PDT) Hi Tom, You say that you're looking for a system that will cost you only $15/month. Like most of the recent (new) posters on this board you are facing a much larger cost than that if you keep buying stocks without understanding what is a system. Please don't think I'm disparraging anyone here; I'm currently not trading because I realized that although I had a method of picking entries and exits, I did not have a Trading Plan, understanding of what were my risks, what the expectation was of my "system", how psychological stresses would affect my trading, etc. In addition to reading O'Neill's books, I strongly suggest you read Van Tharp's "Trading for a Living". In my opinion it is the best book on investing you'll read. From your intro there are some issues in your life you should get a handle on before trading. Not necessarily negatives, just things you need to understand. I also suggest you read the archives of this list for DbPhoenix, Craig Griffin, Johan VanHouten, Connie Macrea (where are they now?), and some others whose names I can't remember right now. The amount of time Tom Worley, Tim, rolatzi, and Earl put in answering or supplying info is amazing (thanks guys) and looking at it is always worthwhile. Good luck, Joe __________________________________________________ Do You Yahoo!? Kick off your party with Yahoo! Invites. http://invites.yahoo.com/ - ------------------------------------------------------------------------------- From: Dan Forant Subject: Re: [CANSLIM] Getting started- (Was Intro Tom Rogers) Date: 01 Jul 2000 13:58:22 -0400 I ditto that wholeheartedly, because I rushed into the fray of the stock world after breezing through Won's book and it was costly. I started in Jan this year and didn't wake up till around May. It was costly. Been on a great run since and owe it all to reading and re-reading and finally understanding at least the basics of the system. One other note, I don't trade for a living. I have a job and rental income and lived well before the market came along for me. I put in a couple hours daily at least managing my portfolio, reading the IBD, charts, news etc. After playing for years now around an 8 handicap in golf, I can't believe this fascinates me more. Much more. So I have set conservative limits for my own good. Dan At 09:35 AM 7/1/00 -0700, you wrote: >Hi Tom, > >You say that you're looking for a system that will >cost you only $15/month. Like most of the recent >(new) posters on this board you are facing a much >larger cost than that if you keep buying stocks >without understanding what is a system. Please don't >think I'm disparraging anyone here; I'm currently not >trading because I realized that although I had a >method of picking entries and exits, I did not have a >Trading Plan, understanding of what were my risks, >what the expectation was of my "system", how >psychological stresses would affect my trading, etc. >In addition to reading O'Neill's books, I strongly >suggest you read Van Tharp's "Trading for a Living". >In my opinion it is the best book on investing you'll >read. From your intro there are some issues in your >life you should get a handle on before trading. Not >necessarily negatives, just things you need to >understand. I also suggest you read the archives of >this list for DbPhoenix, Craig Griffin, Johan >VanHouten, Connie Macrea (where are they now?), and >some others whose names I can't remember right now. >The amount of time Tom Worley, Tim, rolatzi, and Earl >put in answering or supplying info is amazing (thanks >guys) and looking at it is always worthwhile. > >Good luck, > >Joe > >__________________________________________________ >Do You Yahoo!? >Kick off your party with Yahoo! Invites. >http://invites.yahoo.com/ > >- > > - ------------------------------------------------------------------------------- From: Kent Norman Subject: [CANSLIM] Your comment please, earnings affected by Interest rate increases? Date: 01 Jul 2000 13:11:44 -0500 OK, I will stir the pot a little... assumptions: 1. earnings are important 2. higher interest rates have at least some impact on some companies Do you think the end of year earnings reports will be significantly disappointing to crater the market for 2001? Do you think this (July) earnings season will be significantly affected by the Interest rate increases? Do you think next (October) earnings season will be significantly affected by the Interest rate increases? What strategy do/will you use to deal with the issue? Thanks Kent Also consider the long-term affects of > Fed tightenings as mentioned in HTMMIS. There's a high correlation between 3 > tightenings in a row and later market downturns. > > Any comments? > > Jim still-not-convinced-we're-in-a-bull-market > > - - ------------------------------------------------------------------------------- From: Pierre Lapointe Subject: [CANSLIM] GBL (Gabelli Asset Management) Date: 01 Jul 2000 14:40:35 -0400 Hi Canslimers, I took a position in GBL on Friday based on a big volume breakout from a 3 week base. The base is very flat and follows a very deep and brief cup. I don't think this qualifies as a C&H but I think it's a good looking chart none the less. I wonder if anyone would care to critique the Canslim merits of GBL and comment on the chart and the trading action on Friday? Thanks! Pierre Lapointe - ------------------------------------------------------------------------------- From: Kent Norman Subject: Re: [CANSLIM] GBL (Gabelli Asset Management) Date: 01 Jul 2000 13:45:56 -0500 not really making a CANSLIM comment here - just interesting that in late Jan and mid Mar there were spikes in volume and the price did not seem to budge. Any ideas/gusses? Thanks Kent Pierre Lapointe wrote: > > Hi Canslimers, I took a position in GBL on Friday based on a big volume > breakout from a 3 week base. The base is very flat and follows a very > deep and brief cup. I don't think this qualifies as a C&H but I think > it's a good looking chart none the less. > > I wonder if anyone would care to critique the Canslim merits of GBL and > comment on the chart and the trading action on Friday? > > Thanks! > > Pierre Lapointe > > - - ------------------------------------------------------------------------------- From: Earl Setser Subject: Re: [CANSLIM] M and non NASDAQ indices Date: 01 Jul 2000 13:36:42 -0600 I think there are a couple of things going on here. First, technology has been a strong leader for the last year or so, and the NASDAQ is a good indicator of that portion of the market. Many of us focus on these groups, so the action of the NAS is much more indicative of our market than the other indexes. It's not really very important to me how the DOW cyclicals are doing, since I don't invest in those kind of stocks. Secondly, the bull market from Nov through mid-March was more a NAS bull, than an overall market bull, so many of us are concentrating our efforts on either NAS stocks, or at least stocks that belong to technology groups. (I actually own 5 NSE stocks and 1 NAS stock right now, but they are not typical for the NSE.) Third - WON and IBD seem to have the same bias in this market as the discussion group. They consistently discuss how the NAS is acting correctly and the hot groups feature stocks that are breaking out, and performing well. They also discuss the S&P and DOW every day, but they are focusing on the NAS, because that's where the good action is right now. At 10:06 AM 7/1/00 -0700, you wrote: >I'm curious why virtually every M [market] post relates only to the NASDAQ without >much consideration of the other market indexes [NYSE, S&P500, RU2000, etc.]. I >remember WON spent most of his time on the M as a whole, and when he did focus it >was usually on the NYSE or IBD6000 [total stock index similar to Wilshire >5000+1000]. He mentions divergence between indices as an important signal. > >With that in mind, I'm a bit troubled by the bull-like exuberance I see. Keep in >mind that even if the NASDAQ were the ENTIRE market, we could still simply be in a >countertrend rally amidst one of the legs down in a BEAR market (we are still down >over 20% from the high--a bear market by most definitions). Once you throw in the >rest of the market, the situation looks even more like a bear. The Dow and S&P500 >have both been anemic for over 1/2 a year. Also consider the long-term affects of >Fed tightenings as mentioned in HTMMIS. There's a high correlation between 3 >tightenings in a row and later market downturns. > >Any comments? > > >Jim still-not-convinced-we're-in-a-bull-market > > >- > > > - ------------------------------------------------------------------------------- From: Earl Setser Subject: Re: [CANSLIM] Getting started- (Was Intro Tom Rogers) Date: 01 Jul 2000 13:45:33 -0600 Let me jump in also with "go slow" advice. My approach seems to have worked well for me. I started CANSLIM with just a tiny sum. I was very interested, but not willing to put much money into it until I tried it a while. So I took a couple K or so that was languishing, and started working with CANSLIM last spring. I went through several ups and downs, and started getting more confident. At least I was beating the S&P500 in a sideways market. In August, I added a nice little nestegg (maybe 10% of my funds)and started trading in earnest. I grew this base nicely in the bull (as did my mutual funds), and I bumped up my "CANSLIM allocation" to 30% in March. I'm watching my returns closely, and I may go ahead and sell out of most of my mutual funds late this year, and up my allocation again. I think a staged entrace is a good way to evaluate any investment approach. At 01:58 PM 7/1/00 -0400, you wrote: >I ditto that wholeheartedly, because I rushed into the fray of the stock >world after breezing through Won's book and it was costly. I started in Jan >this year and didn't wake up till around May. It was costly. Been on a >great run since and owe it all to reading and re-reading and finally >understanding at least the basics of the system. One other note, I don't >trade for a living. I have a job and rental income and lived well before >the market came along for me. I put in a couple hours daily at least >managing my portfolio, reading the IBD, charts, news etc. After playing for >years now around an 8 handicap in golf, I can't believe this fascinates me >more. Much more. So I have set conservative limits for my own good. > >Dan > >At 09:35 AM 7/1/00 -0700, you wrote: >>Hi Tom, >> >>You say that you're looking for a system that will >>cost you only $15/month. Like most of the recent >>(new) posters on this board you are facing a much >>larger cost than that if you keep buying stocks >>without understanding what is a system. Please don't >>think I'm disparraging anyone here; I'm currently not >>trading because I realized that although I had a >>method of picking entries and exits, I did not have a >>Trading Plan, understanding of what were my risks, >>what the expectation was of my "system", how >>psychological stresses would affect my trading, etc. >>In addition to reading O'Neill's books, I strongly >>suggest you read Van Tharp's "Trading for a Living". >>In my opinion it is the best book on investing you'll >>read. From your intro there are some issues in your >>life you should get a handle on before trading. Not >>necessarily negatives, just things you need to >>understand. I also suggest you read the archives of >>this list for DbPhoenix, Craig Griffin, Johan >>VanHouten, Connie Macrea (where are they now?), and >>some others whose names I can't remember right now. >>The amount of time Tom Worley, Tim, rolatzi, and Earl >>put in answering or supplying info is amazing (thanks >>guys) and looking at it is always worthwhile. >> >>Good luck, >> >>Joe >> >>__________________________________________________ >>Do You Yahoo!? >>Kick off your party with Yahoo! Invites. >>http://invites.yahoo.com/ >> >>- >> >> > >- > > > - ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] M and non NASDAQ indices Date: 01 Jul 2000 16:03:00 -0400 Easy answer, this is a CANSLIM oriented group, and CANSLIM focuses on companies with the fastest rate of growth of earnings. If it was a value oriented group, then it would focus on highest earnings per share, or largest dividends, or greatest %age decline from its high. But because it focuses on fastest earnings growth, it naturally focuses on NASDAQ. To give an example, I downloaded the Index to Wm O'Neil's Daily Graphs books, a total of 2,831 stocks. Of this, 352 are AMEX (12.4%); 879 NASDAQ (31%); and 1,598 NYSE (56.5%). But when I sorted first by RS then by EPS I got the following results. I think the focus on NASDAQ is quite logical. Sorted by RS: RS AMEX NAZ NYSE 99 4 45 2 98 4 42 1 97 4 41 11 96 5 37 9 Sorted by EPS: EPS AMEX NAZ NYSE 99 1 42 18 98 3 34 15 97 2 33 22 96 0 33 26 So, despite being only 31% of the overall list, NASDAQ quite clearly dominates at the top of both the RS and EPS ratings. NYSE is but a distant second. Add to that the volume on NASDAQ clearly dominates NYSE, and you have the liquidity issue as well. Lack of liquidity is why an Index like the Russell 2000 is not of major consequence, there just are not that many investors interested in the risks of small caps. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html ----- Original Message ----- Sent: Saturday, July 01, 2000 1:06 PM I'm curious why virtually every M [market] post relates only to the NASDAQ without much consideration of the other market indexes [NYSE, S&P500, RU2000, etc.]. I remember WON spent most of his time on the M as a whole, and when he did focus it was usually on the NYSE or IBD6000 [total stock index similar to Wilshire 5000+1000]. He mentions divergence between indices as an important signal. With that in mind, I'm a bit troubled by the bull-like exuberance I see. Keep in mind that even if the NASDAQ were the ENTIRE market, we could still simply be in a countertrend rally amidst one of the legs down in a BEAR market (we are still down over 20% from the high--a bear market by most definitions). Once you throw in the rest of the market, the situation looks even more like a bear. The Dow and S&P500 have both been anemic for over 1/2 a year. Also consider the long-term affects of Fed tightenings as mentioned in HTMMIS. There's a high correlation between 3 tightenings in a row and later market downturns. Any comments? Jim still-not-convinced-we're-in-a-bull-market - - ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] Intro: Tom Rogers Date: 01 Jul 2000 16:08:15 -0400 So many Toms, I may have to revert to my old nickname to avoid confusion!! I get my lists of new highs from http://cbs.marketwatch.com/data/newsroom/highlow.htx?source=blq/d bc_trading It's not a perfect site, have found some listed as new highs that were actually hitting new lows, but I wanted a site that listed everything with exclusion on price or volume, and didn't include BB stocks. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html ----- Original Message ----- Sent: Saturday, July 01, 2000 10:27 AM By my reckoning, that makes 3 Toms on this list. That's the most I have ever seen in one place! Welcome to the group, Tom R. We're basically a nice group of blokes, but sometimes we get a bit hot under the collar. May I recommend 2 other books that you may want to read, that I, and others, have found very helpful? "Secrets for profiting in bull and bear markets" by Sam Weinstein. You'll find that it gives a wonderful and easy to understand discussion of technical analysis, and a great chapter on how to set stops. "Trader Vic" by Sperandeo. A very good book on technical analysis, but you have to take a deep breath, since he's an Ayn Rand fanatic. Both books are not technically canslim, but since canslim is a mixture of fundamental and technical analysis, and since so much of technical analysis is not understood, they are excellent reads. Tom W. where do you get your daily list from? As in "I do it by printing a list of new highs every day (free)..." Tom G. - - ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] Intro: Tom Rogers Date: 01 Jul 2000 16:29:47 -0400 sorry, a typo, should be "no exclusion". Also looks like you will need to cut and paste the cbs.marketwatch address due to the word wrap. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html ----- Original Message ----- Sent: Saturday, July 01, 2000 4:08 PM So many Toms, I may have to revert to my old nickname to avoid confusion!! I get my lists of new highs from http://cbs.marketwatch.com/data/newsroom/highlow.htx?source=blq/d bc_trading It's not a perfect site, have found some listed as new highs that were actually hitting new lows, but I wanted a site that listed everything with exclusion on price or volume, and didn't include BB stocks. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html ----- Original Message ----- Sent: Saturday, July 01, 2000 10:27 AM By my reckoning, that makes 3 Toms on this list. That's the most I have ever seen in one place! Welcome to the group, Tom R. We're basically a nice group of blokes, but sometimes we get a bit hot under the collar. May I recommend 2 other books that you may want to read, that I, and others, have found very helpful? "Secrets for profiting in bull and bear markets" by Sam Weinstein. You'll find that it gives a wonderful and easy to understand discussion of technical analysis, and a great chapter on how to set stops. "Trader Vic" by Sperandeo. A very good book on technical analysis, but you have to take a deep breath, since he's an Ayn Rand fanatic. Both books are not technically canslim, but since canslim is a mixture of fundamental and technical analysis, and since so much of technical analysis is not understood, they are excellent reads. Tom W. where do you get your daily list from? As in "I do it by printing a list of new highs every day (free)..." Tom G. - - - ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] GBL (Gabelli Asset Management) Date: 01 Jul 2000 16:41:15 -0400 RS 89, EPS 93, and all other CS elements look fine. Even up/down ratio at 2.4. Funds are shown as owning 24%, with management not owning anything, these two would be a negative for me. Earnings are growing faster than the five year trend, and consistently. Sales are also increasing consistently. First qtr is on track for the full year increase in earnings of 23%. ROE is 27%. As for the price gain on volume on Friday, seems others noticed the very flat and tight base as well. I agree that it is not a c&h, mostly because the base formed too high. But then we've seen a lot of these lately. I noted the very tight base in reviewing the DGO List, looks much like a stock under a takeover scenario. But I see no news to that effect (did not do a full search). I do note they are doing a stock buyback, but not of sufficient size to sustain such a tight base with the ADV. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html ----- Original Message ----- Sent: Saturday, July 01, 2000 2:40 PM Hi Canslimers, I took a position in GBL on Friday based on a big volume breakout from a 3 week base. The base is very flat and follows a very deep and brief cup. I don't think this qualifies as a C&H but I think it's a good looking chart none the less. I wonder if anyone would care to critique the Canslim merits of GBL and comment on the chart and the trading action on Friday? Thanks! Pierre Lapointe - - ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] Your comment please, earnings affected by Interest rate increases? Date: 01 Jul 2000 16:56:56 -0400 Hi Kent, As I posted some months ago, I think the Feds are done with raising rates. I'll have a better opinion on whether they'll show a bias shift at the August meeting towards a future rate cut after I see the Employment Report on Friday. In any event, this group is much more focused on Naz stocks than on NYSE stocks, as already discussed. It is worth noting that Naz stocks tend to carry less debt, and to raise new cash by secondary offerings. NYSE stocks (the older, more mature crowd) tend to raise cash by borrowing, either from banks or from the public. They also tend to carry much more debt. Thus I expect NYSE stocks to be more affected by the higher interest rates of 2000 (compared to 1999) than Naz stocks. On the other hand, consumer sentiment and consumer spending is finally dropping. Both will have a far greater impact on Naz stocks than on NYSE, IMHO. That is not to say that a well managed company looking forward cannot anticipate, enact adequate cost controls, increase productivity, and continue to show way above average earnings growth. I am expecting a very good second qtr earnings reporting period. Pre-announcements (which are almost always negative) have not been that numerous or significant. It's too early for the last rate hike to affect much. Because it's summer, many people (both investors and money managers) are away from the mkt place, so volatility could be especially high. For the third qtr reporting cycle, I would expect more pre-announcements from big cap, mature companies. Some of the announcements to date already have warned of a second half slowdown. I do not expect 2001 to be much different than 2000. Thus far, FOMC has kept this economic cycle going way beyond past records (now nine years and counting), and I see no sign of that changing. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html ----- Original Message ----- Sent: Saturday, July 01, 2000 2:11 PM Interest rate increases? OK, I will stir the pot a little... assumptions: 1. earnings are important 2. higher interest rates have at least some impact on some companies Do you think the end of year earnings reports will be significantly disappointing to crater the market for 2001? Do you think this (July) earnings season will be significantly affected by the Interest rate increases? Do you think next (October) earnings season will be significantly affected by the Interest rate increases? What strategy do/will you use to deal with the issue? Thanks Kent Also consider the long-term affects of > Fed tightenings as mentioned in HTMMIS. There's a high correlation between 3 > tightenings in a row and later market downturns. > > Any comments? > > Jim still-not-convinced-we're-in-a-bull-market > > - - - ------------------------------------------------------------------------------- From: Rocky Sanghvi Subject: RE: [CANSLIM] Your comment please, earnings affected by Interest Date: 01 Jul 2000 19:04:56 -0400 Jim Recently IBD pusblished on the Front page (upper left) charts of 8 or 9 industries (Food stocks, Leisure stocks etc). These were industries that IBD thinks are advance signals of a boom or slowdown in the economy. Every single industry has turned down as per the charts shown. What the market is already telling us is that it forsees a slow down ahead. The upcoming slowdown may be one of the reasons why the NYSE composite and DOW have been so anemic lately. Whether we will go into a recession or not is open for debate at this point. So forget the chain rattling by the Fed. The market is telling us that the Fed (if they have any sense) is DONE. That out of the way, the market will now start to focus on earnings. Whether you like it or not, the earnings are in Nasdaq. Except ofcourse companies like KEI. Nasdaq has been interesting as it bases. Leaders have popped (ADCT, PSEM, PLXS). Secondary leaders are getting set and some have already on the upswing (BRCM, SEBL) are examples. Classic behavior of a bull. IBD has been very astute so far in their calls. So far they think this rally has legs. If we cross the 20% line (that you mentioned) - hey we might even be back in a new (albeit subdued) bull market. JMHO Rakesh -----Original Message----- Sent: 7/1/00 4:56 PM rate increases? Hi Kent, As I posted some months ago, I think the Feds are done with raising rates. I'll have a better opinion on whether they'll show a bias shift at the August meeting towards a future rate cut after I see the Employment Report on Friday. In any event, this group is much more focused on Naz stocks than on NYSE stocks, as already discussed. It is worth noting that Naz stocks tend to carry less debt, and to raise new cash by secondary offerings. NYSE stocks (the older, more mature crowd) tend to raise cash by borrowing, either from banks or from the public. They also tend to carry much more debt. Thus I expect NYSE stocks to be more affected by the higher interest rates of 2000 (compared to 1999) than Naz stocks. On the other hand, consumer sentiment and consumer spending is finally dropping. Both will have a far greater impact on Naz stocks than on NYSE, IMHO. That is not to say that a well managed company looking forward cannot anticipate, enact adequate cost controls, increase productivity, and continue to show way above average earnings growth. I am expecting a very good second qtr earnings reporting period. Pre-announcements (which are almost always negative) have not been that numerous or significant. It's too early for the last rate hike to affect much. Because it's summer, many people (both investors and money managers) are away from the mkt place, so volatility could be especially high. For the third qtr reporting cycle, I would expect more pre-announcements from big cap, mature companies. Some of the announcements to date already have warned of a second half slowdown. I do not expect 2001 to be much different than 2000. Thus far, FOMC has kept this economic cycle going way beyond past records (now nine years and counting), and I see no sign of that changing. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html ----- Original Message ----- Sent: Saturday, July 01, 2000 2:11 PM Interest rate increases? OK, I will stir the pot a little... assumptions: 1. earnings are important 2. higher interest rates have at least some impact on some companies Do you think the end of year earnings reports will be significantly disappointing to crater the market for 2001? Do you think this (July) earnings season will be significantly affected by the Interest rate increases? Do you think next (October) earnings season will be significantly affected by the Interest rate increases? What strategy do/will you use to deal with the issue? Thanks Kent Also consider the long-term affects of > Fed tightenings as mentioned in HTMMIS. There's a high correlation between 3 > tightenings in a row and later market downturns. > > Any comments? > > Jim still-not-convinced-we're-in-a-bull-market > > - - - - ------------------------------------------------------------------------------- From: Dan Forant Subject: Re: [CANSLIM] GBL (Gabelli Asset Management) Date: 01 Jul 2000 19:23:17 -0400 Beauty is in the eye of the beholder. I would not have bought this stock. Friday is no indication of it's future success. Good luck, who knows. Dan At 02:40 PM 7/1/00 -0400, you wrote: >Hi Canslimers, I took a position in GBL on Friday based on a big volume >breakout from a 3 week base. The base is very flat and follows a very >deep and brief cup. I don't think this qualifies as a C&H but I think >it's a good looking chart none the less. > >I wonder if anyone would care to critique the Canslim merits of GBL and >comment on the chart and the trading action on Friday? > >Thanks! > >Pierre Lapointe > >- > > - ------------------------------------------------------------------------------- From: "Erik Harris" Subject: [CANSLIM] ICUI Date: 01 Jul 2000 20:49:52 -0400 Hi, I just wanted to add my thanks to those who contribute to this group. I've been a lurker and occasional poster for a few months and I've appreciated the education. I'm trying to be a more active contributor as I spend more time at the computer. I just noticed a stock on my watch list (ICUI) is coming out of a cup. I don't have a paper around so I don't know the EPS/RS ratings. If anyone can comment, that would be great. Everything else looks good (except ROE/A at around 15%). Not a glamour stock and the chart formation is not text book, I know. Low volume move on Friday so we may get a retracement. Any comments on my analysis or choice of stock would be educational. Thanks, Erik - ------------------------------------------------------------------------------- From: Dan Forant Subject: Re: [CANSLIM] ICUI Date: 01 Jul 2000 21:53:13 -0400 95eps,89rps, Fridays paper, too lazy to get Saturdays delivery. Good luck. At 08:49 PM 7/1/00 -0400, you wrote: >Hi, >I just wanted to add my thanks to those who contribute to this group. I've >been a lurker and occasional poster for a few months and I've appreciated >the education. I'm trying to be a more active contributor as I spend more >time at the computer. > >I just noticed a stock on my watch list (ICUI) is coming out of a cup. I >don't have a paper around so I don't know the EPS/RS ratings. If anyone can >comment, that would be great. > >Everything else looks good (except ROE/A at around 15%). Not a glamour >stock and the chart formation is not text book, I know. Low volume move on >Friday so we may get a retracement. > >Any comments on my analysis or choice of stock would be educational. > >Thanks, >Erik > > >- > > - ------------------------------------------------------------------------------- From: Kent Norman Subject: Re: [CANSLIM] workshop???? Date: 01 Jul 2000 21:26:48 -0500 Dan Thanks for the reminder. I had been there in the past, but forgotten about it. I am glad to see the C&H screen is working now. I will reread the articles. Thank again Kent Dan Forant wrote: > > Try going to http://www.stocktables.com/ and register free and go to cup > and handle section, click on "About" it has 2 pdf files (need acrobat > reader). I found it to be an excellent source with many charts to view and > learn from. Make sure you read WON's book again, eventually with practice > it will come along. Set up a portfolio and work it for practice with a few > stocks. I breezed through the book too casually and started looking for > handles on the *left* side of the cup ;-) After several readings it's been > lucrative. - - ------------------------------------------------------------------------------- From: Earl Setser Subject: Re: [CANSLIM] ICUI Date: 01 Jul 2000 22:41:53 -0600 Hmm, I know this one is in my data base, but I'm not sure whre it stands other than that. The IBD numbers are 95/91/AAB, so it looks pretty good from that perspective. I see that it has a NH for Friday, so it's moving up. I haven't looked at the chart, but I'll try to make sure I take a look before Monday. At 08:49 PM 7/1/00 -0400, you wrote: >Hi, >I just wanted to add my thanks to those who contribute to this group. I've >been a lurker and occasional poster for a few months and I've appreciated >the education. I'm trying to be a more active contributor as I spend more >time at the computer. > >I just noticed a stock on my watch list (ICUI) is coming out of a cup. I >don't have a paper around so I don't know the EPS/RS ratings. If anyone can >comment, that would be great. > >Everything else looks good (except ROE/A at around 15%). Not a glamour >stock and the chart formation is not text book, I know. Low volume move on >Friday so we may get a retracement. > >Any comments on my analysis or choice of stock would be educational. > >Thanks, >Erik > > >- > > > - ------------------------------------------------------------------------------- From: Pierre Lapointe Subject: [CANSLIM] GBL (Gabelli Asset Management) Date: 02 Jul 2000 02:15:58 -0400 Thanks Tom for the analyses. Do you mean to say that the scenario reflects that an acquisition is about to take place or has already taken place? I would agree that the flat base looks as if an acquisition has been announced. However the rise ($1.2) in share price seen at the beginning of the base on June 12 seems a small premium (~5%) to be paid for the stock. Also I think the rules are clear about announcements regarding acquisitions and I think there should have been an sec filing by now. Please comment Pierre Lapointe - ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] GBL (Gabelli Asset Management) Date: 02 Jul 2000 04:08:52 -0400 You are correct, Pierre, an announcement as well as an SEC filing would be required if a merger or takeover had been agreed to by the Board. And if they were still in secret talks, the mkt should not know about it. It's just that I have not seen such a tight and flat base outside a m&a scenario, it's very unusual and before I bought it, I would want an explanation. My due diligence would be greater than normal in an effort to explain this phenomena, esp in such volatile times. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html ----- Original Message ----- Sent: Sunday, July 02, 2000 2:15 AM Thanks Tom for the analyses. Do you mean to say that the scenario reflects that an acquisition is about to take place or has already taken place? I would agree that the flat base looks as if an acquisition has been announced. However the rise ($1.2) in share price seen at the beginning of the base on June 12 seems a small premium (~5%) to be paid for the stock. Also I think the rules are clear about announcements regarding acquisitions and I think there should have been an sec filing by now. Please comment Pierre Lapointe - - ------------------------------------------------------------------------------- From: Tom Gumpel Subject: Re: [CANSLIM] Intro: Tom Rogers Date: 02 Jul 2000 12:18:38 +0200 At 06:26 AM 1/7/00 -0400, Tom Worley wrote: >I am sure many members of this group can offer ideas of how they >find CANSLIM candidates, I do it by printing a list of new highs >every day (free) and checking them at DGO (Daily Graphs Online, a >WON product, $530/year with discount). What discount is that? Tom =-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-= Tom Gumpel Department of Special Education 972-2-588-2165 School of Education Fax: 972-2-588-2045 The Hebrew University of Jerusalem in US: 877-258-9406 Jerusalem, ISRAEL 91905 http://pluto.mscc.huji.ac.il/~msgumpel/main.htm VISUALIZE WHIRLED PEAS! - ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] Intro: Tom Rogers Date: 02 Jul 2000 06:03:50 -0400 DGO doesn't want to cannibalize the subscribership to DG, so if you take an annual subscription to DG, you get a discount on DGO. The cheapest DG subscription is one book a month (doesn't matter if it's Naz or NYSE). That, combined with the discount on DGO, totals $530/year. Saves about $200/yr. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html ----- Original Message ----- Sent: Sunday, July 02, 2000 6:18 AM At 06:26 AM 1/7/00 -0400, Tom Worley wrote: >I am sure many members of this group can offer ideas of how they >find CANSLIM candidates, I do it by printing a list of new highs >every day (free) and checking them at DGO (Daily Graphs Online, a >WON product, $530/year with discount). What discount is that? Tom =-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-= -=-=-=-= Tom Gumpel Department of Special Education 972-2-588-2165 School of Education Fax: 972-2-588-2045 The Hebrew University of Jerusalem in US: 877-258-9406 Jerusalem, ISRAEL 91905 http://pluto.mscc.huji.ac.il/~msgumpel/main.htm VISUALIZE WHIRLED PEAS! - - ------------------------------------------------------------------------------- From: owner-canslim@xmission.com (Jeff Salisbury) Subject: [CANSLIM] Sending large files to the canslim group Date: 02 Jul 2000 08:00:01 -0600 Everyone, There are times when you may wish to share large files with our group (i.e. gif, jpeg, spreadsheets, etc). Our list is configured to reject large postings (even if they are properly encoded) since the sheer volume has caused problems in the past. As an alternative, we have provided an anonymous ftp site. To provide your file to the group, please follow these instructions: 1. Send your file to: ftp://ftp.xmission.com/pub/users/m/mcjathan/incoming/ If you need some help doing this step, there are ftp instructions below. 2. Send mail to me directly at "owner-canslim@xmission.com" telling me the name of the file that you uploaded. I will move the file from the incoming directory, to the canslim directory where people will be able to download your file. 3. After I notify you that the file has been moved to the canslim directory, you should send an email to the canslim group describing your file, and its URL (i.e. ftp://ftp.xmission.com/pub/users/m/mcjathan/GreatBoom.gif). Although this may seem unwieldy at first, it really isn't too bad and it solves more problems than it creates. You should note that I do not monitor my email on the weekends as closely as during the week. Therefore, steps 2-3 may take longer over a weekend. Best Regards, Jeff Salisbury =========================================================================== FTP Instructions: 1. Using Netscape, go to the URL: ftp://ftp.xmission.com/pub/users/m/mcjathan/incoming/ 2. On the Netscape "File" menu, select "Upload File..." This will open a file selection widget on your hard-drive. Select the file you wish to upload and hit the "Ok" button. At this point, your file will be uploaded. 3. Eventhough your file has been uploaded, you will not be able to see the file in your netscape browser. The reason for this is that the "incoming" directory is set to write-only for security reasons. - ------------------------------------------------------------------------------- From: "Tim Fisher" Subject: Re: [CANSLIM] GBL (Gabelli Asset Management) Date: 02 Jul 2000 08:09:48 -0700 Tom, I've seen some pretty tight flags, and this one looks like the tightest HTF I can recall gazing at. Looks like insider trading pushed it up there to me, then there was essentially no interest until Friday, which looks like an all-time volume record. If it weren't for that volume, I'd regard this one with much suspicion. Even with the volume, something looks fishy. And it certainly should not have been bought by any breakout rules; i.e. it closed right in that tight base range and did not in fact break out. I tried to anticipate a breakout that was seemingly being driven by insiders on a thinly traded microcap (believe it was MCRI) a couple years ago & got caught with my pants down when it turned out to be all rumor and innuendo. At 04:08 AM 7/2/00 -0400, you wrote: >You are correct, Pierre, an announcement as well as an SEC filing >would be required if a merger or takeover had been agreed to by >the Board. And if they were still in secret talks, the mkt should >not know about it. It's just that I have not seen such a tight >and flat base outside a m&a scenario, it's very unusual and >before I bought it, I would want an explanation. My due diligence >would be greater than normal in an effort to explain this >phenomena, esp in such volatile times. > >Tom Worley >stkguru@netside.net >chat with me at ICQ # 5568838 >get ICQ software at http://www.icq.com/icqhomepage.html > > >----- Original Message ----- >From: Pierre Lapointe >To: >Sent: Sunday, July 02, 2000 2:15 AM >Subject: [CANSLIM] GBL (Gabelli Asset Management) > > >Thanks Tom for the analyses. > >Do you mean to say that the scenario reflects that an acquisition >is >about to take place or has already taken place? > >I would agree that the flat base looks as if an acquisition has >been >announced. However the rise ($1.2) in share price seen at the >beginning >of the base on June 12 seems a small premium (~5%) to be paid for >the >stock. Also I think the rules are clear about announcements >regarding >acquisitions and I think there should have been an sec filing by >now. > >Please comment > >Pierre Lapointe > >- > > > >- Tim Fisher, 1995 President, Pacific Fishery Biologists Ore-ROCK-On Rockhounding Web Site PFB Information mailto:tim@OreRockOn.com WWW http://OreRockOn.com - ------------------------------------------------------------------------------- From: han.26@osu.edu Subject: Re: [CANSLIM] 3 of 4 stocks follow the overall M Date: 01 Jul 2000 23:42:31 -0700 A follow up on Nasdaq myopia: Despite the relative strength of Naz stocks to NYSE issues, is it realistic to assume that such stocks will continue to buck the trend of the total market. Considering that CANSLIM is a "historical precedent" model of analysis, [aren't the historical precedents that] when one index deviates from the rest, something eventually has to give? Don't historical precedents also "say" that once average P/E levels get to a certain level, they inevitably become unsustainable--that it actually does matter what price you pay for earnings? (If a stock grows its earnings at 25% but sells for 1000 times earnings, is not this stock too expensive?) -Jim the-devil's-advocate - ------------------------------------------------------------------------------- From: Earl Setser Subject: Re: [CANSLIM] 3 of 4 stocks follow the overall M Date: 02 Jul 2000 17:09:22 -0600 I believe WON's analysis found there wasn't ANY relationship between a stock's success and it's P/E at the time of purchase. There HAS been a note in the IBD recently that many stocks grow their P/E a certain %, and then go into a basing pattern. They added this to the myriad of selling rules in one issue. However, the P/E isn't meaningful in deciding what to buy. At 11:42 PM 7/1/00 -0700, you wrote: >A follow up on Nasdaq myopia: > >Despite the relative strength of Naz stocks to NYSE issues, is it realistic to assume that >such stocks will continue to buck the trend of the total market. Considering that CANSLIM is >a "historical precedent" model of analysis, [aren't the historical precedents that] when one >index deviates from the rest, something eventually has to give? Don't historical precedents >also "say" that once average P/E levels get to a certain level, they inevitably become >unsustainable--that it actually does matter what price you pay for earnings? (If a stock >grows its earnings at 25% but sells for 1000 times earnings, is not this stock too >expensive?) > >-Jim the-devil's-advocate > >- > > > - ------------------------------------------------------------------------------- From: owner-canslim@xmission.com (Jeff Salisbury) Subject: [CANSLIM] Accessing the discussion canslim archives... Date: 03 Jul 2000 08:00:00 -0600 From time to time, CANSLIM members may wish to browse the discussion archives. This posting provides instructions on how to access the archives. Thanks to David Cameron for compiling the essentials of this message. Here are the two ways to access the archives: 1. The best way is to use your web browser. To browse the archives, point your browser to: http://www.xmission.com/~mcjathan/cgi/lwgate.cgi/CANSLIM/ You can do simple key-word searches on the archive by going to: http://www.xmission.com/~mcjathan/canslim/search.html 2. (Not as convenient) via email: Send an email to majordomo@xmission.com with the following as the body of your message: "index canslim". Then send a follow up email to request an old email from either the "archive" or "latest" directory. Note that your request must be in the body of your email. For example: "get canslim latest/001" will retrieve file "001" from the "latest" directory. "get canslim archive/v01.n066" will retrieve file "v01.n066" from the "archive" dir. Best Regards, Jeff Salisbury - CANSLIM list owner/admin - ------------------------------------------------------------------------------- From: Kent Norman Subject: [CANSLIM] ICUI is moving Date: 03 Jul 2000 09:17:30 -0500 ICUI is at 31.5 30,000 vol up 4 1/2 (16.5%) ADV is 59,0000 Kent - ------------------------------------------------------------------------------- From: "Patrick Wahl" Subject: Re: [CANSLIM] Intro: Tom Rogers Date: 03 Jul 2000 08:25:50 -0600 On 28 Jun 00, at 12:42, Tom Rogers wrote: > > I'm looking for suggestions, can anyone help me find a decent system > that isn't too expensive (say $15 per month)? Maybe this isn't what you want, but if you get the hang of canslim I think you will have a system and won't have to pay anyone for stock ideas. Lots of stock names will pass through this list, that is a good starting point. I know if you were using canslim you wouldn't have gotten nailed with CTXS or tried buying into AMZN. - ------------------------------------------------------------------------------- From: han.26@osu.edu Subject: [CANSLIM] Re: 3 of 4 stocks follow the overall M Date: 03 Jul 2000 12:48:17 -0700 Earl wrote: >>I believe WON's analysis found there wasn't ANY relationship between a >>stock's success and it's P/E at the time of purchase. There HAS been a >>note in the IBD recently that many stocks grow their P/E a certain %, and >>then go into a basing pattern. They added this to the myriad of selling >>rules in one issue. However, the P/E isn't meaningful in deciding what to >>buy. Earl, Yes, I know that WON doesn't pay as much attention to P/E's of INDIVIDUAL stocks. However, David Ryan, 2-time investment contest champion and WON disciple does and openly differs on their collaborative audio tape. Also, one of my points was that the historical precedent model WON applies to INDIVIDUAL stocks [i.e. CANSLIM] can ALSO be applied to the history of the entire M which WON does not discuss. In that case, P/E ratios of the WHOLE market DO matter--that is, high multiples across an index and especially across the total market inevitably contract and bring the majority of stocks down as the M corrects or becomes a bear. The real question [if this is true] then becomes whether the P/E of the NAZ and the rest of the M are sustainable. One final point. Even though we both agree that WON mostly ignores P/Es on individual stocks, I seriously doubt he'd buy a company that grows earnings 25%/yr. but sells at a price 1000 [or 1,000,000] times that multiple. -Jim - ------------------------------------------------------------------------------- From: Earl Setser Subject: Re: [CANSLIM] Re: 3 of 4 stocks follow the overall M Date: 03 Jul 2000 15:25:11 -0600 Let see, you agreed that WON doesn't pay much attention of P/E of individual stocks. And then you said you could apply his approach to the entire market, so therefore P/Es are important for the overall market. Umm, I miss your logic. Maybe it was that Ryan is right and WON is wrong?? Using WON's logic, I would get the arguement that P/E ISN'T important for the overall market, but somehow you got exactly the opposite!! I guess the real issue is should we stay out of this market due to high P/Es? It seems clear that IBD along with all the other CANSLIM advocates I've seen are investing in this market. Personally, I've done quite well since the last FT day, and I should get out of this with a nice gain even it the market plunges tomorrow. At 12:48 PM 7/3/00 -0700, you wrote: >Earl wrote: >>>I believe WON's analysis found there wasn't ANY relationship between a >>>stock's success and it's P/E at the time of purchase. There HAS been a >>>note in the IBD recently that many stocks grow their P/E a certain %, and >>>then go into a basing pattern. They added this to the myriad of selling >>>rules in one issue. However, the P/E isn't meaningful in deciding what to >>>buy. > >Earl, >Yes, I know that WON doesn't pay as much attention to P/E's of INDIVIDUAL >stocks. However, David Ryan, 2-time investment contest champion and WON >disciple does and openly differs on their collaborative audio tape. Also, one of >my points was that the historical precedent model WON applies to INDIVIDUAL >stocks [i.e. CANSLIM] can ALSO be applied to the history of the entire M which >WON does not discuss. In that case, P/E ratios of the WHOLE market DO >matter--that is, high multiples across an index and especially across the total >market inevitably contract and bring the majority of stocks down as the M >corrects or becomes a bear. The real question [if this is true] then becomes >whether the P/E of the NAZ and the rest of the M are sustainable. > >One final point. Even though we both agree that WON mostly >ignores P/Es on individual stocks, I seriously doubt he'd buy a >company that grows earnings 25%/yr. but sells at a price 1000 >[or 1,000,000] times that multiple. > > >-Jim > > >- > > > - ------------------------------------------------------------------------------- From: Earl Setser Subject: [CANSLIM] Leaders List Date: 03 Jul 2000 19:35:18 -0600 Well, I've just finished an update of the Leaders List. I compile this list from IBD ratings. I start with the strongest stocks (75/80 min to get in the database) and I select my "best groups". This consists of all of the top 20 groups except for the Oil&Gas groups, and then I add any other "tech" groups in the top 40. I then sort the stocks based on a number that combines all of the IBD rankings. This is the list of the top 100 or so stocks from that sort. I haven't checked these for technicals, so do your own homework. Disclaimer: I own WAT, GLW, MU, KSU, TKLC, and CPN. Some of these are on the list (and all were on the list when I bought!). Enjoy!! TLGD, JDSU, ADCT, SDLI, QGENF, TECH, ANEN, PMCS, ELNT, PLXS, NT, TKLC, TLCM, FLEX, NTAP, WAT, CPN, CREE, AUDC, KEI, TQNT, ADI, ARMHY, AMK, PWAV, GLW, SANM, NEWP, PSEM, ALTR, CMVT, AZZ, XLNX, XLTC, DSPG, TNL, EMC, SAWS, LLTC, CHP, ERICY, MRX , SCOR, SILI, DRAM, PHCC, AMCC, BVF, MCRL, PFE, PLXT, MXIM, JMED, CMTN, AFCI, DIOD, LFUS, NICE, JBL, SMTC, VSAT, PROX, MSS, NOK, LLY, SFA, ACTL, XETA, SYK, ASMI, ORBK, COBR, NUHC, RSYS, AES, NVLS, IIVI, TGH, ATSN, ELN, MEDI, SNDK, EMLX, MIL, ZRAN, TRMB, BRCD, NOVN, OCCF, AMKR, PVA, CY, MXC, BRL, ECTX, WPI, VSH, XING, NVDA, CAMP, ATGI, STM, PKI, TEVA, AMAT - ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] Re: 3 of 4 stocks follow the overall M Date: 03 Jul 2000 21:56:19 -0400 Hi Jim, Having had many years experience of getting WON's recommendations "live" by fax, I have seen him approve stocks trading with trailing PEs in the many hundreds. He ignores trailing PEs, I honestly don't even think he looks at it. But he does focus on projected PE. Many times a pick would only have 20-25% growth of earnings over past five years, but recent (latest two qtrs to four qtrs) showed growth of both sales and earnings well above that stock's historical growth rate. And with a good chart pattern, and RS and EPS (which is also weighed in favor of the latest two qtrs), he would buy it. The extremely high trailing PE of the S&P500 has been sustained now for a number of years. It has remained well above the norm. Same with Naz. Certainly the Naz was also distorted by a narrow group of stocks (the internut ones), but much of that has now been corrected. Many other groups continue to trade in line with their historical PEs. WON has also liked stocks when the earnings first start to accelerate from mere pennies, which means they have easy qtrly comparisons on a year to year basis, increasing the EPS, but also the trailing PE as the price flies faster than earnings growth. I have not been getting his picks for several years now, so don't know if he is still doing this. But I am sure his picks would still show sharp earnings acceleration, thus the projected PE is a far more accurate gauge than trailing PE. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html ----- Original Message ----- Sent: Monday, July 03, 2000 3:48 PM Earl wrote: >>I believe WON's analysis found there wasn't ANY relationship between a >>stock's success and it's P/E at the time of purchase. There HAS been a >>note in the IBD recently that many stocks grow their P/E a certain %, and >>then go into a basing pattern. They added this to the myriad of selling >>rules in one issue. However, the P/E isn't meaningful in deciding what to >>buy. Earl, Yes, I know that WON doesn't pay as much attention to P/E's of INDIVIDUAL stocks. However, David Ryan, 2-time investment contest champion and WON disciple does and openly differs on their collaborative audio tape. Also, one of my points was that the historical precedent model WON applies to INDIVIDUAL stocks [i.e. CANSLIM] can ALSO be applied to the history of the entire M which WON does not discuss. In that case, P/E ratios of the WHOLE market DO matter--that is, high multiples across an index and especially across the total market inevitably contract and bring the majority of stocks down as the M corrects or becomes a bear. The real question [if this is true] then becomes whether the P/E of the NAZ and the rest of the M are sustainable. One final point. Even though we both agree that WON mostly ignores P/Es on individual stocks, I seriously doubt he'd buy a company that grows earnings 25%/yr. but sells at a price 1000 [or 1,000,000] times that multiple. -Jim - - ------------------------------------------------------------------------------- From: "Tom Worley" Subject: [CANSLIM] Contrarian gauge?? Date: 03 Jul 2000 22:33:30 -0400 From Infobeat: RESEARCH SPOTLIGHTS: (All prices as of 1:05 p.m. ET) ** ABN AMRO lowered Unilever NV (UN: 45-11/16, + 2-45/64) from buy to hold. ** ABN AMRO lowered Ingersoll-Rand Co (IR: 41-7/8, + 1-5/8) from buy to outperform. two lowered ratings, two nice gains! Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html - ------------------------------------------------------------------------------- From: "John Adair" Subject: RE: [CANSLIM]scanning for canslimstocks with quotes plus Date: 03 Jul 2000 22:10:02 -0500 can anyone help in scans with quotes plus. I want to know how to take the results of a scan and run a scan on that scan and then another scan on the results of that scan. for example run a scan for stocks with hi erg then scan for a new high on the hi ERG scan, then scan for volume over 1.5* last 10 day average on the last scan This should give all the stocks with a hi erg making a new high today with volume 1.5* 10 day average volume. I have never heard of a scan that will pick out a base or a cup with a handle. I think that is best left to a visual of the chart. anyone like to pitch in - ________________________________________________________________________ - - ------------------------------------------------------------------------------- From: Dan Forant Subject: Re: [CANSLIM] Leaders List Date: 03 Jul 2000 22:53:08 -0400 Nice list. Very appreciated. Happy 4th. Dan At 07:35 PM 7/3/00 -0600, you wrote: >Well, I've just finished an update of the Leaders List. I compile this >list from IBD ratings. I start with the strongest stocks (75/80 min to get >in the database) and I select my "best groups". This consists of all of >the top 20 groups except for the Oil&Gas groups, and then I add any other >"tech" groups in the top 40. I then sort the stocks based on a number that >combines all of the IBD rankings. This is the list of the top 100 or so >stocks from that sort. I haven't checked these for technicals, so do your >own homework. > >Disclaimer: I own WAT, GLW, MU, KSU, TKLC, and CPN. Some of these are on >the list (and all were on the list when I bought!). Enjoy!! > >TLGD, JDSU, ADCT, SDLI, QGENF, TECH, ANEN, PMCS, ELNT, PLXS, NT, TKLC, >TLCM, FLEX, NTAP, WAT, CPN, CREE, AUDC, KEI, TQNT, ADI, ARMHY, AMK, PWAV, >GLW, SANM, NEWP, PSEM, ALTR, CMVT, AZZ, XLNX, XLTC, DSPG, TNL, EMC, SAWS, >LLTC, CHP, ERICY, MRX , SCOR, SILI, DRAM, PHCC, AMCC, BVF, MCRL, PFE, PLXT, >MXIM, JMED, CMTN, AFCI, DIOD, LFUS, NICE, JBL, SMTC, VSAT, PROX, MSS, NOK, >LLY, SFA, ACTL, XETA, SYK, ASMI, ORBK, COBR, NUHC, RSYS, AES, NVLS, IIVI, >TGH, ATSN, ELN, MEDI, SNDK, EMLX, MIL, ZRAN, TRMB, BRCD, NOVN, OCCF, AMKR, >PVA, CY, MXC, BRL, ECTX, WPI, VSH, XING, NVDA, CAMP, ATGI, STM, PKI, TEVA, >AMAT > > >- > > - ------------------------------------------------------------------------------- From: Kent Norman Subject: Re: [CANSLIM] Leaders List Date: 03 Jul 2000 22:15:00 -0500 Yes Dan & Tom, thanks for the lists Kent Dan Forant wrote: > > Nice list. Very appreciated. Happy 4th. > > Dan > > At 07:35 PM 7/3/00 -0600, you wrote: > >Well, I've just finished an update of the Leaders List. I compile this > >list from IBD ratings. I start with the strongest stocks (75/80 min to get > >in the database) and I select my "best groups". This consists of all of > >the top 20 groups except for the Oil&Gas groups, and then I add any other > >"tech" groups in the top 40. I then sort the stocks based on a number that > >combines all of the IBD rankings. This is the list of the top 100 or so > >stocks from that sort. I haven't checked these for technicals, so do your > >own homework. > > > >Disclaimer: I own WAT, GLW, MU, KSU, TKLC, and CPN. Some of these are on > >the list (and all were on the list when I bought!). Enjoy!! > > > >TLGD, JDSU, ADCT, SDLI, QGENF, TECH, ANEN, PMCS, ELNT, PLXS, NT, TKLC, > >TLCM, FLEX, NTAP, WAT, CPN, CREE, AUDC, KEI, TQNT, ADI, ARMHY, AMK, PWAV, > >GLW, SANM, NEWP, PSEM, ALTR, CMVT, AZZ, XLNX, XLTC, DSPG, TNL, EMC, SAWS, > >LLTC, CHP, ERICY, MRX , SCOR, SILI, DRAM, PHCC, AMCC, BVF, MCRL, PFE, PLXT, > >MXIM, JMED, CMTN, AFCI, DIOD, LFUS, NICE, JBL, SMTC, VSAT, PROX, MSS, NOK, > >LLY, SFA, ACTL, XETA, SYK, ASMI, ORBK, COBR, NUHC, RSYS, AES, NVLS, IIVI, > >TGH, ATSN, ELN, MEDI, SNDK, EMLX, MIL, ZRAN, TRMB, BRCD, NOVN, OCCF, AMKR, > >PVA, CY, MXC, BRL, ECTX, WPI, VSH, XING, NVDA, CAMP, ATGI, STM, PKI, TEVA, > >AMAT - ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] Leaders List Date: 03 Jul 2000 23:19:26 -0400 Earl, I remain curious why so many members seem to first focus on groups breaking out rather than individual stocks. I am also curious why so many seem to be excluding absolutely the oil/gas related groups. Logically, it seems to me that with the current stabilization of high prices, the production/exploration/service groups should enjoy a period of high success, esp since their past data was so weak when prices of crude were down, and no one was bothering to expand these activities. Certainly, recent earnings and sales reports, and RS, have supported this logic. Are you seeing a cliff that I am missing? Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html ----- Original Message ----- Sent: Monday, July 03, 2000 9:35 PM Well, I've just finished an update of the Leaders List. I compile this list from IBD ratings. I start with the strongest stocks (75/80 min to get in the database) and I select my "best groups". This consists of all of the top 20 groups except for the Oil&Gas groups, and then I add any other "tech" groups in the top 40. I then sort the stocks based on a number that combines all of the IBD rankings. This is the list of the top 100 or so stocks from that sort. I haven't checked these for technicals, so do your own homework. Disclaimer: I own WAT, GLW, MU, KSU, TKLC, and CPN. Some of these are on the list (and all were on the list when I bought!). Enjoy!! TLGD, JDSU, ADCT, SDLI, QGENF, TECH, ANEN, PMCS, ELNT, PLXS, NT, TKLC, TLCM, FLEX, NTAP, WAT, CPN, CREE, AUDC, KEI, TQNT, ADI, ARMHY, AMK, PWAV, GLW, SANM, NEWP, PSEM, ALTR, CMVT, AZZ, XLNX, XLTC, DSPG, TNL, EMC, SAWS, LLTC, CHP, ERICY, MRX , SCOR, SILI, DRAM, PHCC, AMCC, BVF, MCRL, PFE, PLXT, MXIM, JMED, CMTN, AFCI, DIOD, LFUS, NICE, JBL, SMTC, VSAT, PROX, MSS, NOK, LLY, SFA, ACTL, XETA, SYK, ASMI, ORBK, COBR, NUHC, RSYS, AES, NVLS, IIVI, TGH, ATSN, ELN, MEDI, SNDK, EMLX, MIL, ZRAN, TRMB, BRCD, NOVN, OCCF, AMKR, PVA, CY, MXC, BRL, ECTX, WPI, VSH, XING, NVDA, CAMP, ATGI, STM, PKI, TEVA, AMAT - - ------------------------------------------------------------------------------- From: "Patrick Wahl" Subject: RE: [CANSLIM]scanning for canslimstocks with quotes plus Date: 04 Jul 2000 00:17:27 -0600 0100,0100,0100On 3 Jul 00, at 22:10, John Adair wrote: 7F00,0000,0000> can anyone help in scans with quotes plus. I want to know how to take the > results of a scan and run a scan on that scan and then another scan on the > results of that scan. for example run a scan for stocks with hi erg then > scan for a new high on the hi ERG scan, then scan for volume over 1.5* last > 10 day average on the last scan This should give all the stocks with a hi > erg making a new high today with volume 1.5* 10 day average volume. I have > never heard of a scan that will pick out a base or a cup with a handle. I > think that is best left to a visual of the chart. > anyone like to pitch in I think you can probably do all of what you want in one scan, but it is pretty easy to take the results from one scan and use it as input into a second scan. That sort of thing might be desirable if you wish to run several scans on a group of stocks with a common characteristic, say high growth stocks. Anyway, use the input statement to get the results from one scan into another - 0100,0100,0100Times New RomanInput = "Mylist.lst"; ArialHere is a scan that looks for several things at once, if this helps any. If you ran this scan and wanted to use its output as input to another scan, you would use the line - input = "high eps.lst"; output ="high eps.lst"; Exchange = NASDAQ; if ( epsrank(0) >= 90 and QRS(0) > 90 and AvgVol(0,-29)>= 100000 and // 100,000 shares average volume close(0) >= High52week * .85 and // within 85% of 52 week high. close(0) <= 18 ) then // At least an 18 dollar stock println symbol , "," , Description; endif; - ------------------------------------------------------------------------------- From: Dan Forant Subject: Re: [CANSLIM] Leaders List Date: 04 Jul 2000 07:24:40 -0400 I for one have bought oil stocks recently and done well. RGO, CPE, to mention 2, have made money the last month before stopping out. These cyclicals, I think their called do well from time to time. Dan At 11:19 PM 7/3/00 -0400, you wrote: >Earl, I remain curious why so many members seem to first focus on >groups breaking out rather than individual stocks. I am also >curious why so many seem to be excluding absolutely the oil/gas >related groups. Logically, it seems to me that with the current >stabilization of high prices, the production/exploration/service >groups should enjoy a period of high success, esp since their >past data was so weak when prices of crude were down, and no one >was bothering to expand these activities. Certainly, recent >earnings and sales reports, and RS, have supported this logic. >Are you seeing a cliff that I am missing? > >Tom Worley >stkguru@netside.net >chat with me at ICQ # 5568838 >get ICQ software at http://www.icq.com/icqhomepage.html > > >----- Original Message ----- >From: Earl Setser >To: >Sent: Monday, July 03, 2000 9:35 PM >Subject: [CANSLIM] Leaders List > > >Well, I've just finished an update of the Leaders List. I >compile this >list from IBD ratings. I start with the strongest stocks (75/80 >min to get >in the database) and I select my "best groups". This consists of >all of >the top 20 groups except for the Oil&Gas groups, and then I add >any other >"tech" groups in the top 40. I then sort the stocks based on a >number that >combines all of the IBD rankings. This is the list of the top >100 or so >stocks from that sort. I haven't checked these for technicals, >so do your >own homework. > >Disclaimer: I own WAT, GLW, MU, KSU, TKLC, and CPN. Some of >these are on >the list (and all were on the list when I bought!). Enjoy!! > >TLGD, JDSU, ADCT, SDLI, QGENF, TECH, ANEN, PMCS, ELNT, PLXS, NT, >TKLC, >TLCM, FLEX, NTAP, WAT, CPN, CREE, AUDC, KEI, TQNT, ADI, ARMHY, >AMK, PWAV, >GLW, SANM, NEWP, PSEM, ALTR, CMVT, AZZ, XLNX, XLTC, DSPG, TNL, >EMC, SAWS, >LLTC, CHP, ERICY, MRX , SCOR, SILI, DRAM, PHCC, AMCC, BVF, MCRL, >PFE, PLXT, >MXIM, JMED, CMTN, AFCI, DIOD, LFUS, NICE, JBL, SMTC, VSAT, PROX, >MSS, NOK, >LLY, SFA, ACTL, XETA, SYK, ASMI, ORBK, COBR, NUHC, RSYS, AES, >NVLS, IIVI, >TGH, ATSN, ELN, MEDI, SNDK, EMLX, MIL, ZRAN, TRMB, BRCD, NOVN, >OCCF, AMKR, >PVA, CY, MXC, BRL, ECTX, WPI, VSH, XING, NVDA, CAMP, ATGI, STM, >PKI, TEVA, >AMAT > > >- > > > >- > > - ------------------------------------------------------------------------------- From: Richard Turner Subject: [CANSLIM] How do I best invest $120K for 12% return? Date: 03 Jul 2000 22:36:33 -0500 Folks, I have a question: My aunt retired and has $120 000 to decide how to invest. She wants about a 12% annual return before taxes and she wants someone to watch her portfolio. We've talked to alot of people including Schwab - recommended planners. So many tell you one thing and when you get to the paper work you read something else, Many have high commissions. I think an index fund is the way to go but yshe still needs someone to watch it and I don't want it on my shoulders. Any advice? - ------------------------------------------------------------------------------- From: Richard Turner Subject: [CANSLIM] How do I invest $120K? Date: 03 Jul 2000 22:36:33 -0500 x-mac-creator="4D4F5353" Content-Transfer-Encoding: 7bit Folks, I have a question: My aunt retired and has $120 000 to decide how to invest. She wants about a 12% annual return before taxes and she wants someone to watch her portfolio. We've talked to alot of people including Schwab - recommended planners. So many tell you one thing and when you get to the paper work you read something else, Many have high commissions. I think an index fund is the way to go but yshe still needs someone to watch it and I don't want it on my shoulders. Any advice? - ------------------------------------------------------------------------------- From: Jeff Salisbury Subject: Re: [CANSLIM] How do I best invest $120K for 12% return? Date: 04 Jul 2000 07:38:54 -0600 Richard Turner wrote: > > Folks, I have a question: My aunt retired and has $120 000 to decide how > to invest. She wants about a 12% annual return before taxes and she > wants someone to watch her portfolio. We've talked to alot of people > including Schwab - recommended planners. So many tell you one thing and > when you get to the paper work you read something else. Specifically, what do you mean here? > Many have high > commissions. How high? What would have been reasonable to you? Regards, Jeff - ------------------------------------------------------------------------------- From: Earl Setser Subject: Re: [CANSLIM] Leaders List Date: 04 Jul 2000 07:50:41 -0600 As far as groups, I have decided to focus in on fewer groups than WON suggests. I think he suggests using A or B rated groups, but I've also seen notes in IBD to concentrate on the top 60 and top 40 groups. I think the top 40 number was the one I've seen most recently. As my actual screening techniques have evolved, I've gone from top 80 (A&B), to top 40 to top 20, etc. At one point, I was giving stocks a rank that included a bias based on the group rank (so that a stock in the number 1 group would score higher than a stock in the number 2 group even if they had the same rankings). At this point, I'm not including this in my ranking, but I've also saved that formula for possible future use. I guess I feel that it's important to be involved with a "hot" group since they can carry many of the stocks higher, just as a poor group can pull everyone down. At this point, I'm limiting my focus to the Top 20 groups (minus a few), plus specific groups in the top 40 that I consider promising, and this is generally the tech groups for me. As far as the Oil & Gas groups, it's not so much that I have something against Oil & Gas, it's more a general distrust for any industry that I don't see overall growth in. I believe the earnings growth in Oil & Gas is specifically oil price driven. I don't want to invest based on next week's price of oil, it reminds me too much of my past failures in precious metals!! There was also a recent article in IBD that discussed the "cyclical" industries, and basically said that these areas aren't likely to outperm for very long. They discussed mostly the more "old economy" groups, but also mentioned Oil and Gas as in this category in their mind. But to be more general, I find that I rarely buy many stocks outside of the tech areas anyway. I feel the long term growth in the tech groups make them a better investment, given all other factors equal. (This also explains why I have a good percentage of my portfolio in Tech Mutual Funds.) Given my tendency to buy mostly tech anyway, I decided to go ahead and leave out groups that I probably wouldn't buy anyway. Why carry Oil & Gas stocks in my 100 list, when I probably won't buy them? I decided it was better to keep stocks on the list that "I" would be likely to buy. Maybe I should post another disclaimer at the beginning of the list that I generate the list for me only, and you have to live with my quirks and twists :-). I do think (or at least hope) everyone understands that. That's also part of why I don't include my technical analysis on the list. If I'm going to sift the market down to about 100 stocks, I don't want to share my next cut to the top 20 or so. I find others see the charts very differently anyway, and really, I SHOULD be looking at the charts daily instead of every week or two. BTW, I do have 2 non-tech stocks right now (KSU and CPN). I picked both of these up at times I had their respective groups on the list, and Energy-Other remains in my list. If I'm successful with these, my approach may be adjusted again!! Overall, I'm not saying these are bad groups or bad investments at all. And I'm not recommending everyone else stay away from these. (As some people have said they don't buy Biotech, or whatever.) I'm just saying these are groups that I've decided not to focus on at this point in time, so there won't be an candidates from these groups in my list. And finally, NO, I certainly don't see a cliff on these stocks! If you want to invest in these groups, go for it, and let us know how it turned out!! I hope this explains my reasoning. Comments and suggestions, as always, are more than welcome. At 11:19 PM 7/3/00 -0400, you wrote: >Earl, I remain curious why so many members seem to first focus on >groups breaking out rather than individual stocks. I am also >curious why so many seem to be excluding absolutely the oil/gas >related groups. Logically, it seems to me that with the current >stabilization of high prices, the production/exploration/service >groups should enjoy a period of high success, esp since their >past data was so weak when prices of crude were down, and no one >was bothering to expand these activities. Certainly, recent >earnings and sales reports, and RS, have supported this logic. >Are you seeing a cliff that I am missing? > >Tom Worley >stkguru@netside.net >chat with me at ICQ # 5568838 >get ICQ software at http://www.icq.com/icqhomepage.html > > - ------------------------------------------------------------------------------- From: Earl Setser Subject: Re: [CANSLIM] How do I best invest $120K for 12% return? Date: 04 Jul 2000 08:05:17 -0600 Why does she still need someone to watch it? It seems she wants to pay someone no matter what? Here's a couple of possibilities; 1 - Index funds. You could pick a mix of index funds that would be lower risk than a basket of stocks, and wouldn't require any active management. If you want to put some bang in the porfolio, you might add a Nasdaq 100 fund (RYDEX OTC) as a portion of a portfolio that is mostly (or half or whatever) S&P500 funds. 2 - Lehman Brothers 10 Uncommon Values - For a general investment, here's one that has consistently beat the S&P over more than 40 years. I had a nice sum in this until I discovered CANSLIM. I has beat the S&P nicely the last few years, and most years. It starts on July 1 though, and I'm not sure if she could purchase it before next year. I do think they make a market in it, so maybe you could still buy it. You could certainly call them and find out. (Lehman.com I think) At 10:36 PM 7/3/00 -0500, you wrote: >Folks, I have a question: My aunt retired and has $120 000 to decide how >to invest. She wants about a 12% annual return before taxes and she >wants someone to watch her portfolio. We've talked to alot of people >including Schwab - recommended planners. So many tell you one thing and >when you get to the paper work you read something else, Many have high >commissions. I think an index fund is the way to go but yshe still needs >someone to watch it and I don't want it on my shoulders. Any advice? > >- > > > - ------------------------------------------------------------------------------- From: "david lawson" Subject: Re: [CANSLIM] GBL (Gabelli Asset Management) Date: 04 Jul 2000 10:07:03 -0400 Not enough Volume to begin with.I think WON recommends a stock to trade at least in the neighborhood of 60,000 shares per day. Ari / ----- Original Message ----- Sent: Saturday, July 01, 2000 2:40 PM > Hi Canslimers, I took a position in GBL on Friday based on a big volume > breakout from a 3 week base. The base is very flat and follows a very > deep and brief cup. I don't think this qualifies as a C&H but I think > it's a good looking chart none the less. > > I wonder if anyone would care to critique the Canslim merits of GBL and > comment on the chart and the trading action on Friday? > > Thanks! > > Pierre Lapointe > > - > - ------------------------------------------------------------------------------- From: "david lawson" Subject: Re: [CANSLIM] Leaders List Date: 04 Jul 2000 10:31:18 -0400 Tom, Take a look at EVER, APA and CLB. All three CANSLIM. All three Oilgas. Ari ----------_------------------------------------------ ----- Original Message ----- Sent: Monday, July 03, 2000 11:19 PM > Earl, I remain curious why so many members seem to first focus on > groups breaking out rather than individual stocks. I am also > curious why so many seem to be excluding absolutely the oil/gas > related groups. Logically, it seems to me that with the current > stabilization of high prices, the production/exploration/service > groups should enjoy a period of high success, esp since their > past data was so weak when prices of crude were down, and no one > was bothering to expand these activities. Certainly, recent > earnings and sales reports, and RS, have supported this logic. > Are you seeing a cliff that I am missing? > > Tom Worley > stkguru@netside.net > chat with me at ICQ # 5568838 > get ICQ software at http://www.icq.com/icqhomepage.html > > > ----- Original Message ----- > From: Earl Setser > To: > Sent: Monday, July 03, 2000 9:35 PM > Subject: [CANSLIM] Leaders List > > > Well, I've just finished an update of the Leaders List. I > compile this > list from IBD ratings. I start with the strongest stocks (75/80 > min to get > in the database) and I select my "best groups". This consists of > all of > the top 20 groups except for the Oil&Gas groups, and then I add > any other > "tech" groups in the top 40. I then sort the stocks based on a > number that > combines all of the IBD rankings. This is the list of the top > 100 or so > stocks from that sort. I haven't checked these for technicals, > so do your > own homework. > > Disclaimer: I own WAT, GLW, MU, KSU, TKLC, and CPN. Some of > these are on > the list (and all were on the list when I bought!). Enjoy!! > > TLGD, JDSU, ADCT, SDLI, QGENF, TECH, ANEN, PMCS, ELNT, PLXS, NT, > TKLC, > TLCM, FLEX, NTAP, WAT, CPN, CREE, AUDC, KEI, TQNT, ADI, ARMHY, > AMK, PWAV, > GLW, SANM, NEWP, PSEM, ALTR, CMVT, AZZ, XLNX, XLTC, DSPG, TNL, > EMC, SAWS, > LLTC, CHP, ERICY, MRX , SCOR, SILI, DRAM, PHCC, AMCC, BVF, MCRL, > PFE, PLXT, > MXIM, JMED, CMTN, AFCI, DIOD, LFUS, NICE, JBL, SMTC, VSAT, PROX, > MSS, NOK, > LLY, SFA, ACTL, XETA, SYK, ASMI, ORBK, COBR, NUHC, RSYS, AES, > NVLS, IIVI, > TGH, ATSN, ELN, MEDI, SNDK, EMLX, MIL, ZRAN, TRMB, BRCD, NOVN, > OCCF, AMKR, > PVA, CY, MXC, BRL, ECTX, WPI, VSH, XING, NVDA, CAMP, ATGI, STM, > PKI, TEVA, > AMAT > > > - > > > > - > > - ------------------------------------------------------------------------------- From: Tim Fisher Subject: Re: [CANSLIM] Contrarian gauge?? Date: 04 Jul 2000 08:14:41 -0700 Yeah those guys and their downgrades on valuation. It's a trading strategy that one would think works as good as or better than CANSLIM. As long as the downgrade is on price. The juiciest ones are when they downgrade the day after a stellar earnings announcement, on valuation, and at the same time up their EPS estimates. What a hoot! On 07:33 PM 7/3/00, Tom Worley Said: > From Infobeat: > >RESEARCH SPOTLIGHTS: (All prices as of 1:05 p.m. ET) >** ABN AMRO lowered Unilever NV (UN: 45-11/16, + 2-45/64) from >buy to hold. > >** ABN AMRO lowered Ingersoll-Rand Co (IR: 41-7/8, + 1-5/8) from >buy to outperform. > >two lowered ratings, two nice gains! > >Tom Worley >stkguru@netside.net >chat with me at ICQ # 5568838 >get ICQ software at http://www.icq.com/icqhomepage.html > > > > >- Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - ------------------------------------------------------------------------------- From: Tim Fisher Subject: Re: [CANSLIM] Leaders List Date: 04 Jul 2000 08:18:41 -0700 Seems to me that the exploration and drilling sectors are hotbeds for CANSLIM companies with sustained earnings growth. Did extremely well with them in the summer of '97. Quite a few of them popping up on my scans these past few months. On 06:50 AM 7/4/00, Earl Setser Said: >As far as groups, I have decided to focus in on fewer groups than WON >suggests. I think he suggests using A or B rated groups, but I've also >seen notes in IBD to concentrate on the top 60 and top 40 groups. I think >the top 40 number was the one I've seen most recently. As my actual >screening techniques have evolved, I've gone from top 80 (A&B), to top 40 >to top 20, etc. At one point, I was giving stocks a rank that included a >bias based on the group rank (so that a stock in the number 1 group would >score higher than a stock in the number 2 group even if they had the same >rankings). At this point, I'm not including this in my ranking, but I've >also saved that formula for possible future use. I guess I feel that it's >important to be involved with a "hot" group since they can carry many of >the stocks higher, just as a poor group can pull everyone down. At this >point, I'm limiting my focus to the Top 20 groups (minus a few), plus >specific groups in the top 40 that I consider promising, and this is >generally the tech groups for me. > >As far as the Oil & Gas groups, it's not so much that I have something >against Oil & Gas, it's more a general distrust for any industry that I >don't see overall growth in. I believe the earnings growth in Oil & Gas is >specifically oil price driven. I don't want to invest based on next week's >price of oil, it reminds me too much of my past failures in precious >metals!! There was also a recent article in IBD that discussed the >"cyclical" industries, and basically said that these areas aren't likely to >outperm for very long. They discussed mostly the more "old economy" >groups, but also mentioned Oil and Gas as in this category in their mind. > >But to be more general, I find that I rarely buy many stocks outside of the >tech areas anyway. I feel the long term growth in the tech groups make >them a better investment, given all other factors equal. (This also >explains why I have a good percentage of my portfolio in Tech Mutual >Funds.) Given my tendency to buy mostly tech anyway, I decided to go ahead >and leave out groups that I probably wouldn't buy anyway. Why carry Oil & >Gas stocks in my 100 list, when I probably won't buy them? I decided it >was better to keep stocks on the list that "I" would be likely to buy. >Maybe I should post another disclaimer at the beginning of the list that I >generate the list for me only, and you have to live with my quirks and >twists :-). I do think (or at least hope) everyone understands that. >That's also part of why I don't include my technical analysis on the list. >If I'm going to sift the market down to about 100 stocks, I don't want to >share my next cut to the top 20 or so. I find others see the charts very >differently anyway, and really, I SHOULD be looking at the charts daily >instead of every week or two. > >BTW, I do have 2 non-tech stocks right now (KSU and CPN). I picked both of >these up at times I had their respective groups on the list, and >Energy-Other remains in my list. If I'm successful with these, my approach >may be adjusted again!! > >Overall, I'm not saying these are bad groups or bad investments at all. >And I'm not recommending everyone else stay away from these. (As some >people have said they don't buy Biotech, or whatever.) I'm just saying >these are groups that I've decided not to focus on at this point in time, >so there won't be an candidates from these groups in my list. And finally, >NO, I certainly don't see a cliff on these stocks! If you want to invest >in these groups, go for it, and let us know how it turned out!! > >I hope this explains my reasoning. Comments and suggestions, as always, >are more than welcome. > > >At 11:19 PM 7/3/00 -0400, you wrote: > >Earl, I remain curious why so many members seem to first focus on > >groups breaking out rather than individual stocks. I am also > >curious why so many seem to be excluding absolutely the oil/gas > >related groups. Logically, it seems to me that with the current > >stabilization of high prices, the production/exploration/service > >groups should enjoy a period of high success, esp since their > >past data was so weak when prices of crude were down, and no one > >was bothering to expand these activities. Certainly, recent > >earnings and sales reports, and RS, have supported this logic. > >Are you seeing a cliff that I am missing? > > > >Tom Worley > >stkguru@netside.net > >chat with me at ICQ # 5568838 > >get ICQ software at http://www.icq.com/icqhomepage.html > > > > > > > >- Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - ------------------------------------------------------------------------------- From: Robert Subject: [CANSLIM] Acc/Dis Numbers Date: 04 Jul 2000 15:56:06 -0400 Here are the latest Acc/Dis Numbers Date A B C D E a+b/A:E E/A:E 6/15/00 1079 2881 1337 941 345 60% 5% 6/16/00 1101 2884 1354 916 333 60% 5% 6/19/00 1076 2874 1331 951 334 60% 5% 6/20/00 1039 2851 1348 960 361 59% 6% 6/21/00 1046 2857 1336 958 358 60% 5% 6/22/00 1039 2869 1287 968 359 60% 6% 6/23/00 1047 2865 1306 947 368 60% 6% 6/26/00 973 2831 1361 976 387 58% 6% 6/27/00 967 2801 1388 975 391 58% 6% 6/28/00 967 2816 1359 984 378 58% 6% 6/29/00 995 2775 1377 983 379 58% 6% 6/30/00 1048 2818 1347 928 367 59% 6% 7/3/00 1071 2788 1344 944 360 59% 6% Spreadsheet version: Date,A,B,C,D,E,a+b/A:E,E/A:E 6/15/00,1079,2881,1337,941,345,60%,5% 6/16/00,1101,2884,1354,916,333,60%,5% 6/19/00,1076,2874,1331,951,334,60%,5% 6/20/00,1039,2851,1348,960,361,59%,6% 6/21/00,1046,2857,1336,958,358,60%,5% 6/22/00,1039,2869,1287,968,359,60%,6% 6/23/00,1047,2865,1306,947,368,60%,6% 6/26/00,973,2831,1361,976,387,58%,6% 6/27/00,967,2801,1388,975,391,58%,6% 6/28/00,967,2816,1359,984,378,58%,6% 6/29/00,995,2775,1377,983,379,58%,6% 6/30/00,1048,2818,1347,928,367,59%,6% 7/3/00,1071,2788,1344,944,360,59%,6% Robert __________________________________________________ Do You Yahoo!? Talk to your friends online with Yahoo! Messenger. http://im.yahoo.com - ------------------------------------------------------------------------------- From: asosis@ca.ibm.com Subject: Re: [CANSLIM] Acc/Dis Numbers Date: 04 Jul 2000 16:08:38 -0400 Robert, where do you get these numbers? Anna Sosis IBM Toronto Lab Software Developer Phone: (416) 448-2375, T/L: 778-2375 Internet: asosis@ca.ibm.com Robert on 07/04/2000 03:56:06 PM Please respond to canslim@lists.xmission.com cc: Here are the latest Acc/Dis Numbers Date A B C D E a+b/A:E E/A:E 6/15/00 1079 2881 1337 941 345 60% 5% 6/16/00 1101 2884 1354 916 333 60% 5% 6/19/00 1076 2874 1331 951 334 60% 5% 6/20/00 1039 2851 1348 960 361 59% 6% 6/21/00 1046 2857 1336 958 358 60% 5% 6/22/00 1039 2869 1287 968 359 60% 6% 6/23/00 1047 2865 1306 947 368 60% 6% 6/26/00 973 2831 1361 976 387 58% 6% 6/27/00 967 2801 1388 975 391 58% 6% 6/28/00 967 2816 1359 984 378 58% 6% 6/29/00 995 2775 1377 983 379 58% 6% 6/30/00 1048 2818 1347 928 367 59% 6% 7/3/00 1071 2788 1344 944 360 59% 6% Spreadsheet version: Date,A,B,C,D,E,a+b/A:E,E/A:E 6/15/00,1079,2881,1337,941,345,60%,5% 6/16/00,1101,2884,1354,916,333,60%,5% 6/19/00,1076,2874,1331,951,334,60%,5% 6/20/00,1039,2851,1348,960,361,59%,6% 6/21/00,1046,2857,1336,958,358,60%,5% 6/22/00,1039,2869,1287,968,359,60%,6% 6/23/00,1047,2865,1306,947,368,60%,6% 6/26/00,973,2831,1361,976,387,58%,6% 6/27/00,967,2801,1388,975,391,58%,6% 6/28/00,967,2816,1359,984,378,58%,6% 6/29/00,995,2775,1377,983,379,58%,6% 6/30/00,1048,2818,1347,928,367,59%,6% 7/3/00,1071,2788,1344,944,360,59%,6% Robert __________________________________________________ Do You Yahoo!? Talk to your friends online with Yahoo! Messenger. http://im.yahoo.com - - ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] How do I best invest $120K for 12% return? Date: 04 Jul 2000 19:06:52 -0400 Richard, You leave out some vital info, for example is your aunt trying to take this 12% return as current income, or does she have other income and just wants this as a growth rate. From your question, I assume your aunt is not an experienced investor and cannot manage this on her own using a discount online firm. You also do not mention her ability to take risk with this money, but since she is retiring I assume her risk quotient is very low. Be aware that no one can promise or guarantee a 12% return. If all she required was 5 or 6%, then that would be easy with an annuity or Treasuries or AAA bonds. The simplest solution, requiring the least in fees and maintenance would be to park the money in several mutual funds. If your aunt is looking for current income, a bond fund or bond/growth fund would be the most likely. Many funds will allow you to set up a periodic withdrawal program as a $ or %age of the capital. AIM Funds has this program, as one example. But your aunt must understand that if she is drawing out $14,400 per year, there is no guarantee it will last forever. If she is simply looking for a 12% reinvested return, but without withdrawing money, then again I would suggest mutual funds for low cost and maintenance. This rate is achievable long term with growth funds, but she and you should look at how many years there will be until she will wish or need to withdraw capital. Funds should not be used if the money will be needed in less than five years, and preferably longer. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html ----- Original Message ----- Sent: Monday, July 03, 2000 11:36 PM Folks, I have a question: My aunt retired and has $120 000 to decide how to invest. She wants about a 12% annual return before taxes and she wants someone to watch her portfolio. We've talked to alot of people including Schwab - recommended planners. So many tell you one thing and when you get to the paper work you read something else, Many have high commissions. I think an index fund is the way to go but yshe still needs someone to watch it and I don't want it on my shoulders. Any advice? - - ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] Leaders List Date: 04 Jul 2000 19:50:11 -0400 my point exactly, tho I have some reservations about the inconsistencies of earnings and sales on CLB. With the general price of crude now stable, tho likely to fall to the $25/bbl level, the exploration, production and service groups seem to me to be actively back in business. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html ----- Original Message ----- Sent: Tuesday, July 04, 2000 10:31 AM Tom, Take a look at EVER, APA and CLB. All three CANSLIM. All three Oilgas. Ari ----------_------------------------------------------ ----- Original Message ----- Sent: Monday, July 03, 2000 11:19 PM > Earl, I remain curious why so many members seem to first focus on > groups breaking out rather than individual stocks. I am also > curious why so many seem to be excluding absolutely the oil/gas > related groups. Logically, it seems to me that with the current > stabilization of high prices, the production/exploration/service > groups should enjoy a period of high success, esp since their > past data was so weak when prices of crude were down, and no one > was bothering to expand these activities. Certainly, recent > earnings and sales reports, and RS, have supported this logic. > Are you seeing a cliff that I am missing? > > Tom Worley > stkguru@netside.net > chat with me at ICQ # 5568838 > get ICQ software at http://www.icq.com/icqhomepage.html > > > ----- Original Message ----- > From: Earl Setser > To: > Sent: Monday, July 03, 2000 9:35 PM > Subject: [CANSLIM] Leaders List > > > Well, I've just finished an update of the Leaders List. I > compile this > list from IBD ratings. I start with the strongest stocks (75/80 > min to get > in the database) and I select my "best groups". This consists of > all of > the top 20 groups except for the Oil&Gas groups, and then I add > any other > "tech" groups in the top 40. I then sort the stocks based on a > number that > combines all of the IBD rankings. This is the list of the top > 100 or so > stocks from that sort. I haven't checked these for technicals, > so do your > own homework. > > Disclaimer: I own WAT, GLW, MU, KSU, TKLC, and CPN. Some of > these are on > the list (and all were on the list when I bought!). Enjoy!! > > TLGD, JDSU, ADCT, SDLI, QGENF, TECH, ANEN, PMCS, ELNT, PLXS, NT, > TKLC, > TLCM, FLEX, NTAP, WAT, CPN, CREE, AUDC, KEI, TQNT, ADI, ARMHY, > AMK, PWAV, > GLW, SANM, NEWP, PSEM, ALTR, CMVT, AZZ, XLNX, XLTC, DSPG, TNL, > EMC, SAWS, > LLTC, CHP, ERICY, MRX , SCOR, SILI, DRAM, PHCC, AMCC, BVF, MCRL, > PFE, PLXT, > MXIM, JMED, CMTN, AFCI, DIOD, LFUS, NICE, JBL, SMTC, VSAT, PROX, > MSS, NOK, > LLY, SFA, ACTL, XETA, SYK, ASMI, ORBK, COBR, NUHC, RSYS, AES, > NVLS, IIVI, > TGH, ATSN, ELN, MEDI, SNDK, EMLX, MIL, ZRAN, TRMB, BRCD, NOVN, > OCCF, AMKR, > PVA, CY, MXC, BRL, ECTX, WPI, VSH, XING, NVDA, CAMP, ATGI, STM, > PKI, TEVA, > AMAT > > > - > > > > - > > - - ------------------------------------------------------------------------------- From: BIKEAR@aol.com Subject: Re: [CANSLIM] Intro: Tom Rogers Date: 05 Jul 2000 11:06:23 EDT It sounds like you are where I am with all of this....janis - ------------------------------------------------------------------------------- From: Eric Shen Subject: Re: [CANSLIM] How do I best invest $120K for 12% return? Date: 05 Jul 2000 13:17:15 -0700 Hi, I would recommend caution about a bond fund. Since you are buying a basket of funds, there's no guarentee that you will get all your principal back when you sell the shares. The fund doesn't "mature". The price will be affected by the prevailing interest rate. If you want to have bonds in your portfolio, then you might want to consider buying a bond ladder. That is, have a portfolio of bonds that have varying maturity dates - 1 year, 2 year, 3 year, 4 year, and 5 year. When the bonds mature, you just buy another bond expiring in 5 years. This way, you will be sure to get the your principal back (when the bonds mature). Your yield may vary because of the interest rates at which you buy a new bond. One drawback may be the transaction cost if you are not buying that many bonds. Eric Tom Worley wrote: > > Richard, > > You leave out some vital info, for example is your aunt trying to > take this 12% return as current income, or does she have other > income and just wants this as a growth rate. From your question, > I assume your aunt is not an experienced investor and cannot > manage this on her own using a discount online firm. You also do > not mention her ability to take risk with this money, but since > she is retiring I assume her risk quotient is very low. > > Be aware that no one can promise or guarantee a 12% return. If > all she required was 5 or 6%, then that would be easy with an > annuity or Treasuries or AAA bonds. > > The simplest solution, requiring the least in fees and > maintenance would be to park the money in several mutual funds. > If your aunt is looking for current income, a bond fund or > bond/growth fund would be the most likely. Many funds will allow > you to set up a periodic withdrawal program as a $ or %age of the > capital. AIM Funds has this program, as one example. But your > aunt must understand that if she is drawing out $14,400 per year, > there is no guarantee it will last forever. > > If she is simply looking for a 12% reinvested return, but without > withdrawing money, then again I would suggest mutual funds for > low cost and maintenance. This rate is achievable long term with > growth funds, but she and you should look at how many years there > will be until she will wish or need to withdraw capital. Funds > should not be used if the money will be needed in less than five > years, and preferably longer. > > Tom Worley > stkguru@netside.net > chat with me at ICQ # 5568838 > get ICQ software at http://www.icq.com/icqhomepage.html > > ----- Original Message ----- > From: Richard Turner > To: > Sent: Monday, July 03, 2000 11:36 PM > Subject: [CANSLIM] How do I best invest $120K for 12% return? > > Folks, I have a question: My aunt retired and has $120 000 to > decide how > to invest. She wants about a 12% annual return before taxes and > she > wants someone to watch her portfolio. We've talked to alot of > people > including Schwab - recommended planners. So many tell you one > thing and > when you get to the paper work you read something else, Many have > high > commissions. I think an index fund is the way to go but yshe > still needs > someone to watch it and I don't want it on my shoulders. Any > advice? > > - > > - -- Eric Shen MS LOC3-8 / / / Level One Communications email: eshen@level1.com | | |_/ an Intel company Tel: (916) 855 5177 | |___/ 9750 Goethe Road ext: 4497 |_____/ Sacramento, CA 95827 - ------------------------------------------------------------------------------- From: Tim Fisher Subject: [CANSLIM] M Date: 05 Jul 2000 14:05:06 -0700 Hate to say "I told you so..." but this does not look good. NAZ closed below the support at 3880. I think this mini-rally is dead. I got scared Monday & put tight stops on everything. This is an across-the-board drop, with many of the leaders taking it solidly on the chin. Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - ------------------------------------------------------------------------------- From: Rocky Sanghvi Subject: RE: [CANSLIM] M Date: 05 Jul 2000 17:27:51 -0400 actually at 1.3B volume I am not too worried. We may correct a little bit - maybe even to the 3500 level BUT the trend has been established - its UP. Hard to hide institutional tracks....Also I had mentioned in a prior posting why the Fed is done. As WON likes to say Look at what the market have already done... (which is popped the leaders and set up multitude of other strong EARNINGS stocks...) I am looking at this correction to buy more stocks like DPAC (IBD rating of AAAA), BRCM and GSLI. KEI was long overdue a correction. Probably should fall for a bit now. Rakesh -----Original Message----- Sent: Wednesday, July 05, 2000 5:05 PM Hate to say "I told you so..." but this does not look good. NAZ closed below the support at 3880. I think this mini-rally is dead. I got scared Monday & put tight stops on everything. This is an across-the-board drop, with many of the leaders taking it solidly on the chin. Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - - ------------------------------------------------------------------------------- From: Tim Fisher Subject: RE: [CANSLIM] M Date: 05 Jul 2000 14:36:33 -0700 We'll see which interpretation is correct in the coming weeks. I think churning with no significant progress is the order of the day until the next FOMC meeting. These earnings warnings have been ongoing and are finally doing their thing to the tech sectors. Be careful of catching a falling knife. Been there, done that... On 02:27 PM 7/5/00, Rocky Sanghvi Said: >actually at 1.3B volume I am not too worried. We may correct a little bit - >maybe even to the 3500 level BUT the trend has been established - its UP. >Hard to hide institutional tracks....Also I had mentioned in a prior posting >why the Fed is done. > >As WON likes to say Look at what the market have already done... (which is >popped the leaders and set up multitude of other strong EARNINGS stocks...) > > >I am looking at this correction to buy more stocks like DPAC (IBD rating of >AAAA), BRCM and GSLI. KEI was long overdue a correction. Probably should >fall for a bit now. > >Rakesh > > >-----Original Message----- >From: Tim Fisher [mailto:tim@OreRockOn.com] >Sent: Wednesday, July 05, 2000 5:05 PM >To: canslim@lists.xmission.com >Subject: [CANSLIM] M > > >Hate to say "I told you so..." but this does not look good. NAZ closed >below the support at 3880. I think this mini-rally is dead. I got scared >Monday & put tight stops on everything. This is an across-the-board drop, >with many of the leaders taking it solidly on the chin. > >Tim Fisher >Ore-Rock-On and Pacific Fishery Biologists WWW Sites > >Tim@OreRockOn.com >WWW: http://OreRockOn.com >See naked fish and rocks! > > >- > >- Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - ------------------------------------------------------------------------------- From: Pierre Lapointe Subject: [CANSLIM] GBL (Gabelli Asset Management) Date: 05 Jul 2000 19:33:16 -0400 Thanks to all who took the time to comment on GBL. The volume as David Lawson pointed out just isn't there and I'm feeling a little claustrophobic right now so I think I should exit this position ASAP. Thanks again Pierre Lapointe - ------------------------------------------------------------------------------- From: "John Lloyd" Subject: [CANSLIM] DRAM Chart Date: 06 Jul 2000 08:50:36 -0400 I would like opinions on the chart for DRAM Thanks - ------------------------------------------------------------------------------- From: "david lawson" Subject: Re: [CANSLIM] DRAM Chart Date: 06 Jul 2000 09:05:27 -0400 Pivot point was 25.125.B/o on 6/21 with heavy volume.Over extended right now. Needs to make a new base. Just my opinion. Ari ----- Original Message ----- Sent: Thursday, July 06, 2000 8:50 AM > I would like opinions on the chart for DRAM > > Thanks > > > - > > - ------------------------------------------------------------------------------- From: kraus0r@cs.com Subject: Re: [CANSLIM] DRAM Chart Date: 06 Jul 2000 09:27:15 -0400 My opinion differs stlightly on pivot point. I think the pivot was 26.25, but I think the difference lies in taking the intraday high or the close on the left side of the handle. However, I don't think we're extended yet. While the 10 dma is now a good bit over the 50/200 dmas, the stocastics are nowhere near overbought. From some trend lines i've drawn out, I see DRAM going to 40-45 before a new base sets in. Roger canslim@lists.xmission.com wrote: > > Pivot point was 25.125.B/o on 6/21 with heavy volume.Over extended right > now. Needs to make a new base. Just my opinion. > >                                                               Ari > ----------------------------------------------------- > > ----- Original Message ----- > From: John Lloyd > To: canslim > Sent: Thursday, July 06, 2000 8:50 AM > Subject: [CANSLIM] DRAM Chart > > > > I would like opinions on the chart for DRAM > > > > Thanks > > > > > > - > > > > > > > - > > - ------------------------------------------------------------------------------- From: Walter Stock Subject: Re: [CANSLIM] M Date: 06 Jul 2000 11:35:30 -0400 Hi Tim, I have to agree. Market is ugly. Six distribution days in the last three weeks is too many. Leading stocks that I track are breaking down badly. Today's IBD shows bullishness has risen 1.4% (!) this week to 51.4%. Bearishness is up too, but only by 0.4%. Back to cash in last 24 hours. Took profits in some holdings, and losses in others (didn't wait for any stop losses to trigger in this kind of environment). The good news? The Nasdaq is close to its 200 DMA. We may get a good bounce there, in which case I will be back in quickly. For now though I'm protecting my capital. Walter Stock Oakville, ON, Canada Tim Fisher wrote: > We'll see which interpretation is correct in the coming weeks. I think > churning with no significant progress is the order of the day until the > next FOMC meeting. These earnings warnings have been ongoing and are > finally doing their thing to the tech sectors. Be careful of catching a > falling knife. Been there, done that... > > On 02:27 PM 7/5/00, Rocky Sanghvi Said: > >actually at 1.3B volume I am not too worried. We may correct a little bit - > >maybe even to the 3500 level BUT the trend has been established - its UP. > >Hard to hide institutional tracks....Also I had mentioned in a prior posting > >why the Fed is done. > > > >As WON likes to say Look at what the market have already done... (which is > >popped the leaders and set up multitude of other strong EARNINGS stocks...) > > > > > >I am looking at this correction to buy more stocks like DPAC (IBD rating of > >AAAA), BRCM and GSLI. KEI was long overdue a correction. Probably should > >fall for a bit now. > > > >Rakesh > > > > > >-----Original Message----- > >From: Tim Fisher [mailto:tim@OreRockOn.com] > >Sent: Wednesday, July 05, 2000 5:05 PM > >To: canslim@lists.xmission.com > >Subject: [CANSLIM] M > > > > > >Hate to say "I told you so..." but this does not look good. NAZ closed > >below the support at 3880. I think this mini-rally is dead. I got scared > >Monday & put tight stops on everything. This is an across-the-board drop, > >with many of the leaders taking it solidly on the chin. > > > >Tim Fisher > >Ore-Rock-On and Pacific Fishery Biologists WWW Sites > > > >Tim@OreRockOn.com > >WWW: http://OreRockOn.com > >See naked fish and rocks! > > > > > >- > > > >- > > Tim Fisher > Ore-Rock-On and Pacific Fishery Biologists WWW Sites > > Tim@OreRockOn.com > WWW: http://OreRockOn.com > See naked fish and rocks! > > - - ------------------------------------------------------------------------------- From: han.26@osu.edu Subject: [CANSLIM] Re: 3 of 4 stocks follow the overall market Date: 06 Jul 2000 11:35:32 -0700 Yeah Earl, you're right. P/Es of market averages don't matter... - ------------------------------------------------------------------------------- From: Steve F Subject: [CANSLIM] Changewave Investing Date: 06 Jul 2000 13:48:03 -0700 (PDT) I just read the business best seller "Changewave Investing" by Tobin Smith. To me, it seems more like an infomercial for his "Changewave" web site than anything else. It is interesting to note, however, that what he is trying to sell on his web site is pretty much what we all are doing here. He is trying to get a bunch of technology professional to contribute information to be shared by all. Any comments would be appreciated Steve Faust __________________________________________________ Do You Yahoo!? Send instant messages & get email alerts with Yahoo! Messenger. http://im.yahoo.com/ - ------------------------------------------------------------------------------- From: Rocky Sanghvi Subject: RE: [CANSLIM] DCTM, IMPH Date: 06 Jul 2000 20:43:55 -0400 Would you guys consider the following stocks? DCTM and IMPH? Especially interested in DCTM. Would you consider it close to/at pivot right now? Thanks Rakesh - ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] DRAM Chart Date: 06 Jul 2000 22:24:22 -0400 While I admit that the best "pivot point" was just over 25, I previously pointed out that a case could also be made for a pivot point as high as 30.375, the last high (altho it closed that day at 27.625 on 5X ADV). Today's selloff on volume roughly equals yesterdays gain on volume, and the volume is similar to that seen last week when it was almost all buying. The down volume seen on last Thursday was also similar, and the volume on Friday (down) and Monday (up) was light paralleling the holiday influenced trading. I see the 30 area as an appropriate second entry point for those adding to a position started when it broke out from 25. It would be a high risk area to take a new position, better to wait and see if it will consolidate and base here for a week or two. For those holding from 25, and not buying more, I would take the same position, this stock acts like it wants to go higher, and has excellent CS elements. Per DGO, management owns 22% of the issue, and funds only held 4% of the 5.8 mio share float, so lots of room for funds buying (tho suspect a lot has already occurred). Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html ----- Original Message ----- Sent: Thursday, July 06, 2000 8:50 AM I would like opinions on the chart for DRAM Thanks - - ------------------------------------------------------------------------------- From: "Ed Wile" Subject: [CANSLIM] Usefullness of MACD Chart Date: 06 Jul 2000 22:39:41 -0700 Hi All, I've just spent several hours at the Clearstation.com website reading about how to interpret the MACD chart to determine an uptrend or downtrend. Several questions: First in general, do any of you have any feelings about the clearstation site in general. Useful, not so useful... Second, with regard to determining stocks to buy, where does the trend established by the MACD chart fit in to your decision making process. Thanks, Ed - ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] Usefullness of MACD Chart Date: 06 Jul 2000 23:12:25 -0400 no opinion on clearstation. when I have had the time to be disciplined on my portfolio, I found MACD to be useful for short term decision making (e.g. a buy or sell action). Usually used the zero line (sell if it trended down to zero, buy if it trended up to zero). More aggressive, you could act on a change in trend instead. but I have never tried to apply this beyond a specific, individual stock. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html ----- Original Message ----- Sent: Friday, July 07, 2000 1:39 AM Hi All, I've just spent several hours at the Clearstation.com website reading about how to interpret the MACD chart to determine an uptrend or downtrend. Several questions: First in general, do any of you have any feelings about the clearstation site in general. Useful, not so useful... Second, with regard to determining stocks to buy, where does the trend established by the MACD chart fit in to your decision making process. Thanks, Ed - - ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] DCTM, IMPH Date: 06 Jul 2000 23:26:01 -0400 DCTM - three of the past 4 qtrs earnings showed a year to year decline, that plus the low EPS rating would stop me, it's not CANSLIM IMPH - CS elements look good, but my personal bias keeps me out of medical stocks, I am also not attracted to stocks where management only owns 7% and funds already have 18%. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html ----- Original Message ----- Sent: Thursday, July 06, 2000 8:43 PM Would you guys consider the following stocks? DCTM and IMPH? Especially interested in DCTM. Would you consider it close to/at pivot right now? Thanks Rakesh - - ------------------------------------------------------------------------------- From: Earl Setser Subject: RE: [CANSLIM] DCTM, IMPH Date: 06 Jul 2000 22:17:09 -0600 DCTM - EPS = 37 - No I wouldn't consider any stock with this low an EPS rank. IMPH - This one looks very extended to me. It has recently broken out of a 4 week base, but I'm trying to only look at 7 week bases or more, so I probably wouldn't look at this one. It looks like it's even extended above the short base after today's action. At 08:43 PM 7/6/00 -0400, you wrote: >Would you guys consider the following stocks? > >DCTM and IMPH? > >Especially interested in DCTM. Would you consider it close to/at pivot >right now? > >Thanks > >Rakesh > > >- > > > - ------------------------------------------------------------------------------- From: Earl Setser Subject: Re: [CANSLIM] Usefullness of MACD Chart Date: 06 Jul 2000 22:21:12 -0600 I use CS as my first chart for most stocks. I move to ProphetCharts if I need specifics. I like CS overall, and I even post my purchases in a recommend list there. I think the general level of the comments on stocks is higher than most sites, and the general attitudes are good. I don't use all of the technical parameters that they supply, and I'm not convinced there is any magic there that is better than just watching price/volume action and support. At 10:39 PM 7/6/00 -0700, you wrote: >Hi All, > I've just spent several hours at the Clearstation.com website reading >about how to interpret the MACD chart to determine an uptrend or downtrend. >Several questions: > >First in general, do any of you have any feelings about the clearstation >site in general. Useful, not so useful... >Second, with regard to determining stocks to buy, where does the trend >established by the MACD chart fit in to your decision making process. > >Thanks, >Ed > > >- > > > - ------------------------------------------------------------------------------- From: Curtis Beethe Subject: [CANSLIM] group opinions re: MCRL Date: 07 Jul 2000 00:41:49 -0500 I'm a recent convert to CANSLIM and have already benefited from the knowledge shared on this forum. Thanks to all. I'd be interested in any opinions regarding Micrel's (MCRL). It's a Semiconductor - Integrated Circuits manufacturer. rated 99 86 A A B in IBD. Thanks! - ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] group opinions re: MCRL Date: 07 Jul 2000 06:42:24 -0400 Like many in the semiconductor group, it has excellent CS elements as you mention. However, it is also down about 25% from its latest high. This industry group is undergoing a correction of sorts, as the rumors and comments are that this cyclical "commodities type" industry is about to run into excess capacity. That will almost immediately strip the premium out of the price of the stocks, as expectation shifts fully to falling sales and earnings. Right now they have easy year to year comparisons, as 1999 was not the best, tho better than 1998. On MCRL, estimates for 2000 show sharp earnings growth over 1999, but slowing sharply in 2001. Having been thru the excess demand/excess capacity cycle before with the semis, my sense is we are passing the former and entering the latter, so I would not enter this sector now. In the case of MCRL, there is also too much overhead resistance, and recent at that. If you really want a semi in your portfolio, I would look around for a better one, this candidate is too much like bottom fishing. According to DGO, the top five on RS in the group are ELNT, CAMD, RMBS, GSPN, and PMCS. Note that only the first and last have an EPS over 80. I have not reviewed the charts, so have no other comments on these five. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html ----- Original Message ----- Sent: Friday, July 07, 2000 1:41 AM I'm a recent convert to CANSLIM and have already benefited from the knowledge shared on this forum. Thanks to all. I'd be interested in any opinions regarding Micrel's (MCRL). It's a Semiconductor - Integrated Circuits manufacturer. rated 99 86 A A B in IBD. Thanks! - - ------------------------------------------------------------------------------- From: Dan Forant Subject: RE: [CANSLIM] DCTM, IMPH Date: 07 Jul 2000 07:02:56 -0400 EPS way down 1st 1/4. Institutions own 84% means large swings. Is it a good handle? Dan At 08:43 PM 7/6/00 -0400, you wrote: >Would you guys consider the following stocks? > >DCTM and IMPH? > >Especially interested in DCTM. Would you consider it close to/at pivot >right now? > >Thanks > >Rakesh > > >- > > - ------------------------------------------------------------------------------- From: Dan Forant Subject: RE: [CANSLIM] DCTM, IMPH Date: 07 Jul 2000 07:07:19 -0400 IMPH, has it extended past its 5-10% pivot? Dan At 08:43 PM 7/6/00 -0400, you wrote: >Would you guys consider the following stocks? > >DCTM and IMPH? > >Especially interested in DCTM. Would you consider it close to/at pivot >right now? > >Thanks > >Rakesh > > >- > > - ------------------------------------------------------------------------------- From: Dan Forant Subject: Re: [CANSLIM] Usefullness of MACD Chart Date: 07 Jul 2000 07:08:09 -0400 Love it. All the info I need. Dan At 10:39 PM 7/6/00 -0700, you wrote: >Hi All, > I've just spent several hours at the Clearstation.com website reading >about how to interpret the MACD chart to determine an uptrend or downtrend. >Several questions: > >First in general, do any of you have any feelings about the clearstation >site in general. Useful, not so useful... >Second, with regard to determining stocks to buy, where does the trend >established by the MACD chart fit in to your decision making process. > >Thanks, >Ed > > >- > > - ------------------------------------------------------------------------------- From: Dan Forant Subject: [CANSLIM] Cup or Handle? Date: 07 Jul 2000 08:22:17 -0400 If after a pivot is passed, a cup or handle starts to form, how do you tell the difference before jumping in. I have seen mini cup and mini cup and handles. Dan - ------------------------------------------------------------------------------- From: BIKEAR@aol.com Subject: Re: [CANSLIM] DRAM Chart Date: 07 Jul 2000 08:53:43 EDT Tom, I have gone back to the Dailey graph IBD I hate the price but it seemed that I did better with the stocks that I was picking for some reason.....I have the tc,,,too...I think that I like the DG- is that what you have plus I use the big charts...janis - ------------------------------------------------------------------------------- From: kraus0r@cs.com Subject: [CANSLIM] =?ISO-8859-1?B?UmU6IFtDQU5TTElNXSBncm91cCBvcGluaW9ucyByZTogoE1DUkw=?= Date: 07 Jul 2000 10:45:47 -0400 I agree with Tom W. on this one. MCRL has a clear cup formation but the handle is down about 25%. I think this exceeds the dip you want to see in a handle. All this really means is that this C&H is more prone to failure. canslim@lists.xmission.com wrote: > > Like many in the semiconductor group, it has excellent CS > elements as you mention. However, it is also down about 25% from > its latest high. This industry group is undergoing a correction > of sorts, as the rumors and comments are that this cyclical > "commodities type" industry is about to run into excess capacity. > That will almost immediately strip the premium out of the price > of the stocks, as expectation shifts fully to falling sales and > earnings. > > Right now they have easy year to year comparisons, as 1999 was > not the best, tho better than 1998. On MCRL, estimates for 2000 > show sharp earnings growth over 1999, but slowing sharply in > 2001. Having been thru the excess demand/excess capacity cycle > before with the semis, my sense is we are passing the former and > entering the latter, so I would not enter this sector now.  In > the case of MCRL, there is also too much overhead resistance, and > recent at that. If you really want a semi in your portfolio, I > would look around for a better one, this candidate is too much > like bottom fishing. > > According to DGO, the top five on RS in the group are ELNT, CAMD, > RMBS, GSPN, and PMCS. Note that only the first and last have an > EPS over 80. I have not reviewed the charts, so have no other > comments on these five. > > Tom Worley > stkguru@netside.net > chat with me at ICQ # 5568838 > get ICQ software at http://www.icq.com/icqhomepage.html > > > ----- Original Message ----- > From: Curtis Beethe > To: > Sent: Friday, July 07, 2000 1:41 AM > Subject: [CANSLIM] group opinions re: MCRL > > > I'm a recent convert to CANSLIM and have already benefited from > the > knowledge shared on this forum. Thanks to all. > > I'd be interested in any opinions regarding Micrel's (MCRL). It's > a > Semiconductor  - Integrated Circuits manufacturer. rated 99 86 A > A B in > IBD. > > Thanks! > > > - > > > > > - > > - ------------------------------------------------------------------------------- From: Stuart_Clemons@lotus.com Subject: [CANSLIM] SEBL breaking out ? Date: 07 Jul 2000 10:38:41 -0400 Hi all: Looks like SEBL may be breaking out, although volume looks to be about average or slightly above. It's still early in the trading day. - Stuart - ------------------------------------------------------------------------------- From: asosis@ca.ibm.com Subject: [CANSLIM] re;sebl Date: 07 Jul 2000 11:30:31 -0400 vol over 2,100,000, ave vol 4,500,000 we have about 50% in 2 hours and 4.5 hours of trading left. Looks like the volume will be there by the end of the day. I have bought 1/2 position. Anna - ------------------------------------------------------------------------------- From: Tim Fisher Subject: Re: [CANSLIM] SEBL breaking out ? Date: 07 Jul 2000 09:08:28 -0700 A nice big long C&H with a few panicky shakeouts at the bottom, tho the handle is a little short and not droopy enough. It doesn't look like it's going to pop the pivot point (175-1/8) today, unless it surges later on. Remember it tried to breakout without forming a handle a few weeks ago and failed. Even set the new high then. IMO this is a news driven day and not the volume buying without an obvious cause that you want to see on a breakout. Also, if you think P/E matters one whit, SEBL's earnings have some catching up to do to justify its valuation. I'd like to see the CANSLIM stats on it since it has never made any of my scans. It was a momentum trade for me. Discl: I have been in SEBL for months. On 07:38 AM 7/7/00, Stuart_Clemons@lotus.com Said: >Hi all: > >Looks like SEBL may be breaking out, although volume looks to be about >average or slightly above. It's still early in the trading day. > >- Stuart Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - ------------------------------------------------------------------------------- From: Stuart_Clemons@lotus.com Subject: Re: [CANSLIM] SEBL breaking out ? Date: 07 Jul 2000 12:36:27 -0400 From today's IBD: SEBL 98 97 B A A PE=99 Sorry, don't have any other CANSLIM stats. Agreed, not a classic looking handle, though volume has generally been below average since the top of the handle on 6/19, which was only a slightly above ave volume day. So far, volume total is looking rather average today, not a sign of a real breakout. Discl: I don't own Seibel - Stuart ---------------------- Forwarded by Stuart Clemons/CAM/Lotus on 07/07/2000 12:23 PM --------------------------- Tim Fisher @lists.xmission.com on 07/07/2000 12:08:28 PM Please respond to canslim@lists.xmission.com Sent by: owner-canslim@lists.xmission.com cc: (bcc: Stuart Clemons/CAM/Lotus) A nice big long C&H with a few panicky shakeouts at the bottom, tho the handle is a little short and not droopy enough. It doesn't look like it's going to pop the pivot point (175-1/8) today, unless it surges later on. Remember it tried to breakout without forming a handle a few weeks ago and failed. Even set the new high then. IMO this is a news driven day and not the volume buying without an obvious cause that you want to see on a breakout. Also, if you think P/E matters one whit, SEBL's earnings have some catching up to do to justify its valuation. I'd like to see the CANSLIM stats on it since it has never made any of my scans. It was a momentum trade for me. Discl: I have been in SEBL for months. On 07:38 AM 7/7/00, Stuart_Clemons@lotus.com Said: >Hi all: > >Looks like SEBL may be breaking out, although volume looks to be about >average or slightly above. It's still early in the trading day. > >- Stuart Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - - ------------------------------------------------------------------------------- From: Rocky Sanghvi Subject: RE: [CANSLIM] ARTG B/O Date: 07 Jul 2000 13:56:47 -0400 Possible potential breakout in ARTG based on news. Rakesh - ------------------------------------------------------------------------------- From: asosis@ca.ibm.com Subject: [CANSLIM] vari b/o Date: 07 Jul 2000 14:00:09 -0400 If you are interested in VARI, it clearly broke out and is a bit over 5% above pivot (IMHO) Arrrggg.... I will wait to see if it pulls back... Anna Stuart_Clemons@lotus.com on 07/07/2000 12:36:27 PM Please respond to canslim@lists.xmission.com cc: From today's IBD: SEBL 98 97 B A A PE=99 Sorry, don't have any other CANSLIM stats. Agreed, not a classic looking handle, though volume has generally been below average since the top of the handle on 6/19, which was only a slightly above ave volume day. So far, volume total is looking rather average today, not a sign of a real breakout. Discl: I don't own Seibel - Stuart ---------------------- Forwarded by Stuart Clemons/CAM/Lotus on 07/07/2000 12:23 PM --------------------------- Tim Fisher @lists.xmission.com on 07/07/2000 12:08:28 PM Please respond to canslim@lists.xmission.com Sent by: owner-canslim@lists.xmission.com cc: (bcc: Stuart Clemons/CAM/Lotus) A nice big long C&H with a few panicky shakeouts at the bottom, tho the handle is a little short and not droopy enough. It doesn't look like it's going to pop the pivot point (175-1/8) today, unless it surges later on. Remember it tried to breakout without forming a handle a few weeks ago and failed. Even set the new high then. IMO this is a news driven day and not the volume buying without an obvious cause that you want to see on a breakout. Also, if you think P/E matters one whit, SEBL's earnings have some catching up to do to justify its valuation. I'd like to see the CANSLIM stats on it since it has never made any of my scans. It was a momentum trade for me. Discl: I have been in SEBL for months. On 07:38 AM 7/7/00, Stuart_Clemons@lotus.com Said: >Hi all: > >Looks like SEBL may be breaking out, although volume looks to be about >average or slightly above. It's still early in the trading day. > >- Stuart Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - - - ------------------------------------------------------------------------------- From: Stuart_Clemons@lotus.com Subject: RE: [CANSLIM] ARTG B/O Date: 07 Jul 2000 14:30:38 -0400 From today's IBD: ARTG 25 99 E D A Don't know about the chart, but the above numbers don't look CANSLIM to me. As an aside, Art Technology is down the block from me. They are growing fast. Lots of job openings with full page job ads in the Boston papers. A previous co-worker has been with Art Technology from the start and has cashed in small portion of his stock for a good chunk of change. (I could retire on that chunk alone!). Discl: I don't own ARTG. - Stuart ---------------------- Forwarded by Stuart Clemons/CAM/Lotus on 07/07/2000 02:20 PM --------------------------- Rocky Sanghvi @lists.xmission.com on 07/07/2000 01:56:47 PM Please respond to canslim@lists.xmission.com Sent by: owner-canslim@lists.xmission.com cc: (bcc: Stuart Clemons/CAM/Lotus) Possible potential breakout in ARTG based on news. Rakesh - - ------------------------------------------------------------------------------- From: Joseph Jungbluth Subject: [CANSLIM] Changewave Investing Date: 07 Jul 2000 11:42:03 -0700 (PDT) That's funny, I thought the web site was pure hype for his book. I get e-mail listings from him every so often and I keep waiting for him to write something substantive. If his system is for technology professionals to share info, then it isn't a system. Joe <> __________________________________________________ Do You Yahoo!? Send instant messages & get email alerts with Yahoo! Messenger. http://im.yahoo.com/ - ------------------------------------------------------------------------------- From: Tim Fisher Subject: [CANSLIM] KEI reversal Date: 07 Jul 2000 16:30:53 -0700 I noticed this a couple days ago and didn't remark on it then, but KEI just formed a "textbook" reversal top. Hope those of you in it found a way out before today. These type of tops usually mark long-term highs and are extremely tough to overcome. Witness AOL per Jeffrey's post last fall, QCOM in early Jan, or A in April. They still haven't recovered. Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - ------------------------------------------------------------------------------- From: Kraus0R@cs.com Subject: Re: [CANSLIM] KEI reversal Date: 07 Jul 2000 19:41:49 EDT Tim, I've been watching KEI over the last few days and it's been brutal. I don't think there;s the slightest hope for KEI until it gets down to the gap at 50-55. Also the 50dma is in the highs 40's. The 200dma is around 25. Ouch. Also been watching NEWP, same group but better performing, and VARI broke out today. BTW, my name is Roger Kraus, I introduced myself earlier under a different email address which got bounced. So I signed back up under this one. - ------------------------------------------------------------------------------- From: Eric Shen Subject: Re: [CANSLIM] Getting started- (Was Intro Tom Rogers) Date: 07 Jul 2000 16:58:37 -0700 Joe, You mentioned Van Tharp's "Trading for a Living". I don't see that. I see "Trade your way to Financial Freedom" I also see "Trading for a Living" by Alexander Elder. Which one were you talking about? Eric Joseph Jungbluth wrote: > > Hi Tom, > > You say that you're looking for a system that will > cost you only $15/month. Like most of the recent > (new) posters on this board you are facing a much > larger cost than that if you keep buying stocks > without understanding what is a system. Please don't > think I'm disparraging anyone here; I'm currently not > trading because I realized that although I had a > method of picking entries and exits, I did not have a > Trading Plan, understanding of what were my risks, > what the expectation was of my "system", how > psychological stresses would affect my trading, etc. > In addition to reading O'Neill's books, I strongly > suggest you read Van Tharp's "Trading for a Living". > In my opinion it is the best book on investing you'll > read. From your intro there are some issues in your > life you should get a handle on before trading. Not > necessarily negatives, just things you need to > understand. I also suggest you read the archives of > this list for DbPhoenix, Craig Griffin, Johan > VanHouten, Connie Macrea (where are they now?), and > some others whose names I can't remember right now. > The amount of time Tom Worley, Tim, rolatzi, and Earl > put in answering or supplying info is amazing (thanks > guys) and looking at it is always worthwhile. > > Good luck, > > Joe > > __________________________________________________ > Do You Yahoo!? > Kick off your party with Yahoo! Invites. > http://invites.yahoo.com/ > > - -- Eric Shen MS LOC3-8 / / / Level One Communications email: eshen@level1.com | | |_/ an Intel company Tel: (916) 855 5177 | |___/ 9750 Goethe Road ext: 4497 |_____/ Sacramento, CA 95827 - ------------------------------------------------------------------------------- From: Tim Fisher Subject: Re: [CANSLIM] KEI reversal Date: 07 Jul 2000 17:17:01 -0700 Actually I was thinking exactly the same thing. If I was a bottom fisher I'd put a buy stop on it at the bottom of that gap. That's also just above the 50dma so it is probably a pretty safe buy. On 04:41 PM 7/7/00, Kraus0R@cs.com Said: >Tim, > >I've been watching KEI over the last few days and it's been brutal. I don't >think there;s the slightest hope for KEI until it gets down to the gap at >50-55. Also the 50dma is in the highs 40's. The 200dma is around 25. Ouch. > Also been watching NEWP, same group but better performing, and VARI broke >out today. > >BTW, my name is Roger Kraus, I introduced myself earlier under a different >email address which got bounced. So I signed back up under this one. > >- Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - ------------------------------------------------------------------------------- From: Eric Shen Subject: Re: [CANSLIM] Intro: Tom Rogers Date: 07 Jul 2000 16:51:31 -0700 Tom, Does this mean that you are using both the book and on-line charts? I'm debating on which service to subscribe to (or none at all - just use Clearstation or stocktables.) What's your take on the DG vs DGO vs others? Eric Tom Worley wrote: > > DGO doesn't want to cannibalize the subscribership to DG, so if > you take an annual subscription to DG, you get a discount on DGO. > The cheapest DG subscription is one book a month (doesn't matter > if it's Naz or NYSE). That, combined with the discount on DGO, > totals $530/year. Saves about $200/yr. > > Tom Worley > stkguru@netside.net > chat with me at ICQ # 5568838 > get ICQ software at http://www.icq.com/icqhomepage.html > > ----- Original Message ----- > From: Tom Gumpel > To: > Sent: Sunday, July 02, 2000 6:18 AM > Subject: Re: [CANSLIM] Intro: Tom Rogers > > At 06:26 AM 1/7/00 -0400, Tom Worley wrote: > > >I am sure many members of this group can offer ideas of how they > >find CANSLIM candidates, I do it by printing a list of new highs > >every day (free) and checking them at DGO (Daily Graphs Online, > a > >WON product, $530/year with discount). > > What discount is that? > > Tom > =-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-= > -=-=-=-= > Tom Gumpel > Department of Special Education > 972-2-588-2165 > School of Education Fax: > 972-2-588-2045 > The Hebrew University of Jerusalem in US: 877-258-9406 > Jerusalem, ISRAEL 91905 > http://pluto.mscc.huji.ac.il/~msgumpel/main.htm > VISUALIZE WHIRLED PEAS! > > - > > - -- Eric Shen MS LOC3-8 / / / Level One Communications email: eshen@level1.com | | |_/ an Intel company Tel: (916) 855 5177 | |___/ 9750 Goethe Road ext: 4497 |_____/ Sacramento, CA 95827 - ------------------------------------------------------------------------------- From: Earl Setser Subject: Re: [CANSLIM] group opinions re: MCRL Date: 07 Jul 2000 22:05:11 -0600 MCRL has a rough road at this point. It has corrected with much of the market since early March, but has just (today?) moved above it's 50 day EMA. It hasn't done much to show that the right side of the cup is forming yet. I think you will need to wait on this one before any chance of purchase. At 12:41 AM 7/7/00 -0500, you wrote: >I'm a recent convert to CANSLIM and have already benefited from the >knowledge shared on this forum. Thanks to all. > >I'd be interested in any opinions regarding Micrel's (MCRL). It's a >Semiconductor - Integrated Circuits manufacturer. rated 99 86 A A B in >IBD. > >Thanks! > > >- > > > - ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] SEBL breaking out ? Date: 08 Jul 2000 00:12:29 -0400 From DGO updated 7/7/00 - 98/98/A/A/A/A - up/down ratio 1.8; ROE 24%, debt 44%, mngmt 31% of issue, funds 31% of float (a negative for sure), ranked # 3 in group, GRS 80, 5 yr earnings growth rate 111%, latest 4 qtrs erngs 999%, 86%, 70%, 70%; sales more consistent at 86% to 119% over past 4 qtrs Vol today less than 10% over ADV, tho hit a new high at 77.05 Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html ----- Original Message ----- Sent: Friday, July 07, 2000 12:08 PM A nice big long C&H with a few panicky shakeouts at the bottom, tho the handle is a little short and not droopy enough. It doesn't look like it's going to pop the pivot point (175-1/8) today, unless it surges later on. Remember it tried to breakout without forming a handle a few weeks ago and failed. Even set the new high then. IMO this is a news driven day and not the volume buying without an obvious cause that you want to see on a breakout. Also, if you think P/E matters one whit, SEBL's earnings have some catching up to do to justify its valuation. I'd like to see the CANSLIM stats on it since it has never made any of my scans. It was a momentum trade for me. Discl: I have been in SEBL for months. On 07:38 AM 7/7/00, Stuart_Clemons@lotus.com Said: >Hi all: > >Looks like SEBL may be breaking out, although volume looks to be about >average or slightly above. It's still early in the trading day. > >- Stuart Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - - ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] ARTG B/O Date: 08 Jul 2000 00:17:17 -0400 Forget the lousy EPS, how can you call this a b/o with no base established, it's just continuing its rocket climb from under 50 to now over 110. Nice momentum play, but not CANSLIM. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html ----- Original Message ----- Sent: Friday, July 07, 2000 1:56 PM Possible potential breakout in ARTG based on news. Rakesh - - ------------------------------------------------------------------------------- From: "Ed Wile" Subject: [CANSLIM] Genz Date: 08 Jul 2000 00:56:13 -0700 Scanning through clearstation tonight I came accross genz (genzyme corp, nasdaq) Charts looks like a c & h to me, with a breakout on high volume. A quick check of IBD reveals pretty good numbers: 80, 84, AAB This one's out of my price range. Did anyone else look at this one? - ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] Intro: Tom Rogers Date: 08 Jul 2000 00:55:48 -0400 I don't even open the envelope the book comes in at home, just take it to work for use in an emergency (my co's firewall blocks my access to DGO at work, so all my work is done on my own time at home!!!) I only take a book a month to get the substantial discount. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html ----- Original Message ----- Sent: Friday, July 07, 2000 7:51 PM Tom, Does this mean that you are using both the book and on-line charts? I'm debating on which service to subscribe to (or none at all - just use Clearstation or stocktables.) What's your take on the DG vs DGO vs others? Eric Tom Worley wrote: > > DGO doesn't want to cannibalize the subscribership to DG, so if > you take an annual subscription to DG, you get a discount on DGO. > The cheapest DG subscription is one book a month (doesn't matter > if it's Naz or NYSE). That, combined with the discount on DGO, > totals $530/year. Saves about $200/yr. > > Tom Worley > stkguru@netside.net > chat with me at ICQ # 5568838 > get ICQ software at http://www.icq.com/icqhomepage.html > > ----- Original Message ----- > From: Tom Gumpel > To: > Sent: Sunday, July 02, 2000 6:18 AM > Subject: Re: [CANSLIM] Intro: Tom Rogers > > At 06:26 AM 1/7/00 -0400, Tom Worley wrote: > > >I am sure many members of this group can offer ideas of how they > >find CANSLIM candidates, I do it by printing a list of new highs > >every day (free) and checking them at DGO (Daily Graphs Online, > a > >WON product, $530/year with discount). > > What discount is that? > > Tom > =-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-= > -=-=-=-= > Tom Gumpel > Department of Special Education > 972-2-588-2165 > School of Education Fax: > 972-2-588-2045 > The Hebrew University of Jerusalem in US: 877-258-9406 > Jerusalem, ISRAEL 91905 > http://pluto.mscc.huji.ac.il/~msgumpel/main.htm > VISUALIZE WHIRLED PEAS! > > - > > - -- Eric Shen MS LOC3-8 / / / Level One Communications email: eshen@level1.com | | |_/ an Intel company Tel: (916) 855 5177 | |___/ 9750 Goethe Road ext: 4497 |_____/ Sacramento, CA 95827 - - ------------------------------------------------------------------------------- From: "Dan Sutton" Subject: [CANSLIM] Looks like I/we are being spammed Date: 08 Jul 2000 08:42:43 -0600 I received an email this morning from Best Fit Consulting touting their Elite Investor Service. The ONLY place I have had my email address posted has been to this newsgroup. Has anybody else received anything from BFC or did they just get lucky and hit my address by chance? - ------------------------------------------------------------------------------- From: Dan Cash Subject: Re: [CANSLIM] Looks like I/we are being spammed Date: 08 Jul 2000 07:45:32 -0700 Affirmative!!! Dan Sutton wrote: > I received an email this morning from Best Fit Consulting touting their > Elite Investor Service. The ONLY place I have had my email address posted > has been to this newsgroup. Has anybody else received anything from BFC or > did they just get lucky and hit my address by chance? > > - - ------------------------------------------------------------------------------- From: Earl Setser Subject: Re: [CANSLIM] Looks like I/we are being spammed Date: 08 Jul 2000 09:20:09 -0600 Yep, me too. At 08:42 AM 7/8/00 -0600, you wrote: >I received an email this morning from Best Fit Consulting touting their >Elite Investor Service. The ONLY place I have had my email address posted >has been to this newsgroup. Has anybody else received anything from BFC or >did they just get lucky and hit my address by chance? > > >- > > > - ------------------------------------------------------------------------------- From: "Tim Fisher" Subject: Re: [CANSLIM] Looks like I/we are being spammed Date: 08 Jul 2000 09:13:02 -0700 You only got it if you posted to the list. Lurkers are spared. {sarcasm_on}So quit posting, Dan!{sarcasm_off} At 08:42 AM 7/8/00 -0600, you wrote: >I received an email this morning from Best Fit Consulting touting their >Elite Investor Service. The ONLY place I have had my email address posted >has been to this newsgroup. Has anybody else received anything from BFC or >did they just get lucky and hit my address by chance? Tim Fisher, 1995 President, Pacific Fishery Biologists Ore-ROCK-On Rockhounding Web Site PFB Information mailto:tim@OreRockOn.com WWW http://OreRockOn.com - ------------------------------------------------------------------------------- From: "Tim Fisher" Subject: [CANSLIM] HGS List Date: 08 Jul 2000 09:42:56 -0700 Here's this week's list (80/80/80/ABC, >= $10.00 w/in 15% of 52 wk hi & 2x 52wk lo, ADV >= 10k): ALTR ASML BEIQ BRCM CAH CDWC CDT CPN DRAM ELNT EMC EXTR FII ICUI IMPH JBL KEI KSU LFUS LTRE MSS NEWH NEWP NSIT NUHC PCCC PENG PHCC PLT PLXS PLXT PRLX PWER RSYS SANM SCOR SDLI SFA SHFL SMTC TECD TECH TLCM TLGD TNL UNH WAT XLTC Tim Fisher, 1995 President, Pacific Fishery Biologists Ore-ROCK-On Rockhounding Web Site PFB Information mailto:tim@OreRockOn.com WWW http://OreRockOn.com - ------------------------------------------------------------------------------- From: cherrie53 Subject: [CANSLIM] YHOO's earnings Date: 08 Jul 2000 11:07:31 -0700 (PDT) Yahoo!'s earning due on 7/11. YHOO's chart. What do you think about the short term for YHOO? cherrie __________________________________________________ Do You Yahoo!? Get Yahoo! Mail – Free email you can access from anywhere! http://mail.yahoo.com/ - ------------------------------------------------------------------------------- From: "Tom Worley" Subject: [CANSLIM] Fed rate hikes and jobs Date: 08 Jul 2000 14:16:05 -0400 Found the first net commentary that agrees with my view that the Feds are done raising rates for now (and one I respect, an added bonus). In their case, they see no hikes "for the foreseeable future". Since I am very bad at "foreseeing" the future, I just call it "for the rest of the year, and likely into the first half of 2001". While too much can happen in that time frame that cannot be anticipated, and change the character of the favorable reports of the past two months, there is also the added influence of the last hike, a full half point, which has yet to be felt. So I feel confident we are done with hikes for 2000. As that viewpoint becomes commonplace, and I expect it will before September, the focus will be almost exclusively on earnings, and earnings growth. You have seen in the past week how earnings warnings from companies such as Computer Associates have cratered parts of the tech market. Fortunately, next week we actually enter the earnings season, so pre-announcements are essentially done now, and we should enjoy some good earnings news for a few weeks. I think the enthusiasm over the latest jobs report is overdone. Bear in mind that for two months now, this report is significantly impacted by the short term hiring/firing of govt workers. In May, the downwardly revised number was a total of 171,000 jobs created. But that is despite the hiring by the govt of 347,000 workers for the Census. Do the math yourself, without that short term hiring, it was a very weak (actually negative) jobs report. In June, the net increase was a miserly 11,000 but that was accomplished despite the layoffs of 190,000 govt workers, mostly from the Census jobs. So the June report was far stronger that it appears from only an 11,000 growth. The good news is that this means there is still about 150,000 Census workers to be laid off in coming months (sorry if any are in this group, please don't take it personal) which should weigh on the July report, the last one to be seen by the Feds before the next meeting. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html - ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] YHOO's earnings Date: 08 Jul 2000 14:23:49 -0400 I have seen numerous warnings of advertising spending being down for dotcom companies. I expect YHOO will be affected. The strong cos will survive and eventually consolidate the industry as the weak fail, as several have done recently. Chartwise I see little to motivate me to be a buyer, even for the long term. Both Timeliness and Accum/Dist are now a "C". Up/down ratio is still acceptable at 1.1. The chart itself looks to be a consolidation well below the recent highs, meaning there is a lot of overhead resistance. Since even good earnings have led to recent selloffs, I would not buy in advance of the earnings report, and probably not right after either. I think we are still seeing a continuing shakeout of this sector. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html ----- Original Message ----- Sent: Saturday, July 08, 2000 2:07 PM Yahoo!'s earning due on 7/11. YHOO's chart. What do you think about the short term for YHOO? cherrie __________________________________________________ Do You Yahoo!? Get Yahoo! Mail - Free email you can access from anywhere! http://mail.yahoo.com/ - - ------------------------------------------------------------------------------- From: "Tom Worley" Subject: [CANSLIM] DGO List Date: 08 Jul 2000 15:28:12 -0400 List continues stable this week at 158 candidates vs 153 last week. Prior to that was 164 and 158 Bx means Base of "x" weeks duration, IMO ADCT - B3, or maybe rolling over into a head and shoulders SDLI - B2, nice consolidation under the pivot, steady sales and earnings CDWC - B2, nice consolidation under the pivot, steady sales and earnings TNL - b/o Friday, still within 10% of a short B2 NT - c&h?? KG - B2+, heavy selling vol on Fri, but closed virtually unchanged, may break either way FII - B2 PAYX - B2+ RHI - 11 week trading range, sales growing but earnings look stagnant SHFL - B5, small cap LFUS - base on base KSU - forming the handle on the cup CWTR - B2 LM - B3 MBSI - B4, vol heavy on buying last 3 days AH - clawed its way back to the B3 SPW - nearly 1.5 ADV b/o on Friday from almost B5, still within 5% of base TEVA - B4 THX - B5+ WTM - B3, tight but thinly traded HRH - B3 Happy hunting, Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html - ------------------------------------------------------------------------------- From: "John Adair" Subject: RE: [CANSLIM] ARTG B/O Date: 08 Jul 2000 17:40:29 -0500 What is the news. Why did the former employee cash in his stock and was he fired or quit. The stock looks to me like its breaking our on good volume -----Original Message----- [mailto:owner-canslim@lists.xmission.com]On Behalf Of Stuart_Clemons@lotus.com Sent: Friday, July 07, 2000 1:31 PM >From today's IBD: ARTG 25 99 E D A Don't know about the chart, but the above numbers don't look CANSLIM to me. As an aside, Art Technology is down the block from me. They are growing fast. Lots of job openings with full page job ads in the Boston papers. A previous co-worker has been with Art Technology from the start and has cashed in small portion of his stock for a good chunk of change. (I could retire on that chunk alone!). Discl: I don't own ARTG. - Stuart ---------------------- Forwarded by Stuart Clemons/CAM/Lotus on 07/07/2000 02:20 PM --------------------------- Rocky Sanghvi @lists.xmission.com on 07/07/2000 01:56:47 PM Please respond to canslim@lists.xmission.com Sent by: owner-canslim@lists.xmission.com cc: (bcc: Stuart Clemons/CAM/Lotus) Possible potential breakout in ARTG based on news. Rakesh - - - ------------------------------------------------------------------------------- From: "Patrick Wahl" Subject: Re: [CANSLIM] Cup or Handle? Date: 08 Jul 2000 17:50:21 -0600 On 7 Jul 00, at 8:22, Dan Forant wrote: > If after a pivot is passed, a cup or handle starts to form, how do you tell > the difference before jumping in. I have seen mini cup and mini cup and > handles. I have posted the following note here a few times, old-timers on the list stop reading now, but I have found it useful, this is an excerpt on the C&H from an article in Technical Analysis of S & C magazine. - The cup of the pattern typically forms during intermediate-term market corrections and is usually 3 to 6 months in duration, but can be as long as 12 months during bear markets or as short as seven weeks during bull markets. The left side of the cup is a downtrend correcting the previous uptrend. The stock price bottoms and begins to advance, forming the right side of the cup. "During the formation of the cup's right side, the stock becomes subject to profit-taking at its old highs - the beginning of the cup formation - from sellers who bought at the cups bottom. In addition, investors who bought the stock near its old highs on the left side of the cup are anxious to sell." "The handle of the cup is usually more than one or two weeks long and should drift down on very low volume and form in the upper half of the pattern, preferably the upper third. A handle that drifts lower is important because it indicates that enough disbelievers are still active at that point. "... At this point, the volume should be light, indicating a lack of sellers. During the formation of the handle, new buyers step in and smart money adds to their positions, supporting the stock. When the stock breaks out from its handle, volume must surge by 40% above its avg. daily volume to confirm that demand is present at the stock's earliest emergin point." "Handles may also form slightly in new high ground [sic] when the right side of the cup drives somewhat higher than the cup's left side. ... Whatever the variation, the breakouts above the handle's high - the high on the right side of the cup - is what the investor wants to buy, which may or may not be a new high for the stock." " Many C&H patterns are 12-20% in depth, and can be as deep as 35-40% following market corrrections. Unless a bear market is present, depths of more than 45% are too excessive, making it difficult for a stock to successfully break out once the pattern is complete." - ------------------------------------------------------------------------------- From: Rocky Sanghvi Subject: RE: [CANSLIM] OT: IVIS, CAMP Date: 08 Jul 2000 20:45:32 -0400 These may/may not be CANSLIM. What do the people here think of IVIS and CAMP? Especially interested in IVIS. Thank you all. Have a great weekend! Rakesh -----Original Message----- Sent: 7/8/00 7:50 PM On 7 Jul 00, at 8:22, Dan Forant wrote: > If after a pivot is passed, a cup or handle starts to form, how do you tell > the difference before jumping in. I have seen mini cup and mini cup and > handles. I have posted the following note here a few times, old-timers on the list stop reading now, but I have found it useful, this is an excerpt on the C&H from an article in Technical Analysis of S & C magazine. - The cup of the pattern typically forms during intermediate-term market corrections and is usually 3 to 6 months in duration, but can be as long as 12 months during bear markets or as short as seven weeks during bull markets. The left side of the cup is a downtrend correcting the previous uptrend. The stock price bottoms and begins to advance, forming the right side of the cup. "During the formation of the cup's right side, the stock becomes subject to profit-taking at its old highs - the beginning of the cup formation - from sellers who bought at the cups bottom. In addition, investors who bought the stock near its old highs on the left side of the cup are anxious to sell." "The handle of the cup is usually more than one or two weeks long and should drift down on very low volume and form in the upper half of the pattern, preferably the upper third. A handle that drifts lower is important because it indicates that enough disbelievers are still active at that point. "... At this point, the volume should be light, indicating a lack of sellers. During the formation of the handle, new buyers step in and smart money adds to their positions, supporting the stock. When the stock breaks out from its handle, volume must surge by 40% above its avg. daily volume to confirm that demand is present at the stock's earliest emergin point." "Handles may also form slightly in new high ground [sic] when the right side of the cup drives somewhat higher than the cup's left side. ... Whatever the variation, the breakouts above the handle's high - the high on the right side of the cup - is what the investor wants to buy, which may or may not be a new high for the stock." " Many C&H patterns are 12-20% in depth, and can be as deep as 35-40% following market corrrections. Unless a bear market is present, depths of more than 45% are too excessive, making it difficult for a stock to successfully break out once the pattern is complete." - - ------------------------------------------------------------------------------- From: Kent Norman Subject: Re: [CANSLIM] YHOO's earnings Date: 08 Jul 2000 20:17:40 -0500 For technical opinion, look at http://quotes.barchart.com/texpert.asp?sym=yhoo&code=BSTK I think I will leave this one alone. Kent cherrie53 wrote: > > Yahoo!'s earning due on 7/11. YHOO's chart. What do you think about the > short term for YHOO? > > cherrie > > __________________________________________________ > Do You Yahoo!? > Get Yahoo! Mail - Free email you can access from anywhere! > http://mail.yahoo.com/ > > - - ------------------------------------------------------------------------------- From: Dan Forant Subject: Re: [CANSLIM] Fed rate hikes and jobs Date: 08 Jul 2000 21:12:31 -0400 Another point. The Fed does as much harm as good the way they handle the business end of leaks and announcements. It's like a soap opera. Or the other angle is they tease with enough info before announcements to get us ready and prepared. At any rate, I believe the Fed does a good job of somewhat controlling things. They allowed the Market to roar in '99. Too bad I wasn't in it. Dan At 02:16 PM 7/8/00 -0400, you wrote: >Found the first net commentary that agrees with my view that the >Feds are done raising rates for now (and one I respect, an added >bonus). In their case, they see no hikes "for the foreseeable >future". Since I am very bad at "foreseeing" the future, I just >call it "for the rest of the year, and likely into the first half >of 2001". While too much can happen in that time frame that >cannot be anticipated, and change the character of the favorable >reports of the past two months, there is also the added influence >of the last hike, a full half point, which has yet to be felt. So >I feel confident we are done with hikes for 2000. As that >viewpoint becomes commonplace, and I expect it will before >September, the focus will be almost exclusively on earnings, and >earnings growth. You have seen in the past week how earnings >warnings from companies such as Computer Associates have cratered >parts of the tech market. Fortunately, next week we actually >enter the earnings season, so pre-announcements are essentially >done now, and we should enjoy some good earnings news for a few >weeks. > >I think the enthusiasm over the latest jobs report is overdone. >Bear in mind that for two months now, this report is >significantly impacted by the short term hiring/firing of govt >workers. In May, the downwardly revised number was a total of >171,000 jobs created. But that is despite the hiring by the govt >of 347,000 workers for the Census. Do the math yourself, without >that short term hiring, it was a very weak (actually negative) >jobs report. In June, the net increase was a miserly 11,000 but >that was accomplished despite the layoffs of 190,000 govt >workers, mostly from the Census jobs. So the June report was far >stronger that it appears from only an 11,000 growth. The good >news is that this means there is still about 150,000 Census >workers to be laid off in coming months (sorry if any are in this >group, please don't take it personal) which should weigh on the >July report, the last one to be seen by the Feds before the next >meeting. > >Tom Worley >stkguru@netside.net >chat with me at ICQ # 5568838 >get ICQ software at http://www.icq.com/icqhomepage.html > > > > >- > > - ------------------------------------------------------------------------------- From: Kraus0R@cs.com Subject: Re: [CANSLIM] OT: IVIS, CAMP Date: 08 Jul 2000 21:18:51 EDT I've been taking a quick look at CAMP lately. The cup looks good, but the handle isn't there yet. I'm looking for around aprox $50. Haven't looked at any fundamentals, nor IVIS. Roger - ------------------------------------------------------------------------------- From: Dan Forant Subject: Re: [CANSLIM] OT: IVIS, CAMP Date: 08 Jul 2000 21:51:04 -0400 Figures look good, but didn't it drop too far from it's 49.75 high to 14.50 to form the bottom? I have done well with these non handle (so far)stocks, as soon as the 52 week high is broke and volume is up I buy. It's just more risky. Besides some handles form above the new 52 week high. Dan At 09:18 PM 7/8/00 EDT, you wrote: >I've been taking a quick look at CAMP lately. The cup looks good, but the >handle isn't there yet. I'm looking for around aprox $50. Haven't looked at >any fundamentals, nor IVIS. > >Roger > >- > > - ------------------------------------------------------------------------------- From: Earl Setser Subject: RE: [CANSLIM] OT: IVIS, CAMP Date: 08 Jul 2000 20:17:11 -0600 ICOS - 76/92/AAB This one looks to have formed a handle in the upper range. The volume isn't quite as low as you would like, but nevertheless it looks pretty good to me. The pivot woud be 38.75 + 1/8, and you need to see good volume when it breaks that. (FWIW, this one just missed my leaders list today. The 76 EPS pulled it down to about 115th of the stocks on my list and I only use the top 100. It's certainly very close.) CAMP - 76/97/AAA I agree with you on this one also. It's on my watch list, and is forming a sweet cup right now. I don't see any handle on this one yet, but it would be nice if it would settle a few more days after Friday's downturn. That remains to be seen, but definitely worth watching. At 08:45 PM 7/8/00 -0400, you wrote: >These may/may not be CANSLIM. What do the people here think of IVIS and >CAMP? Especially interested in IVIS. Thank you all. Have a great weekend! > > >Rakesh > - ------------------------------------------------------------------------------- From: chris dempsey Subject: Re: [CANSLIM] Leaders List Date: 09 Jul 2000 00:53:24 -0400 (EDT) I have a list of stocks that are potential buy candidates, any stock from any group can be on this list if it meets my criteria. Currently 236 stocks are on this list. I further screen that list by only focusing on the specific industry groups that are high or moving higher. Currently 125 of the 236 stocks are on this list. I believe this is VERY important. A great example is just this week, look what happened to CA & BMCS. I was out of this group on May 1 when their group ranking became 42 after spending months in single digits. I still do not own a stock in this group. Take a look at Computer Softwr-Enterpse each half month ranking since Oct 99. SpecificIndustryGroup,7/00,6i/00,6/00,5i/00,5/00,4i/00,4/00,3i/00,3/00,2i/00,2/00,1i/00,1/00,12i/99,12/99,11i/99,11/99,10i/99,10/99 Computer Softwr-Enterpse,54,75,60,46,42,13,8,5,4,2,4,5,3,5,3,4,3,2,6 Sent: Monday, July 03, 2000 10:19 PM Earl, I remain curious why so many members seem to first focus on groups breaking out rather than individual stocks. I am also curious why so many seem to be excluding absolutely the oil/gas related groups. Logically, it seems to me that with the current stabilization of high prices, the production/exploration/service groups should enjoy a period of high success, esp since their past data was so weak when prices of crude were down, and no one was bothering to expand these activities. Certainly, recent earnings and sales reports, and RS, have supported this logic. Are you seeing a cliff that I am missing? Tom Worley ______________________________________________ FREE Personalized Email at Mail.com Sign up at http://www.mail.com/?sr=signup - ------------------------------------------------------------------------------- From: chris dempsey Subject: Re:[CANSLIM] HGS List Date: 09 Jul 2000 00:54:42 -0400 (EDT) Tim, I'm curious why you screen with 2x 52wk lo? Does this enhance your investment results? Sent: Saturday, July 08, 2000 11:43 AM Here's this week's list (80/80/80/ABC, >= $10.00 w/in 15% of 52 wk hi & 2x ______________________________________________ FREE Personalized Email at Mail.com Sign up at http://www.mail.com/?sr=signup - ------------------------------------------------------------------------------- From: chris dempsey Subject: Re:[CANSLIM] Genz Date: 09 Jul 2000 01:04:39 -0400 (EDT) Please explain how this is out of your price range? Don=92t you go in with equal dollar amounts every time? It would not make my cut. Growth estimates for this year are 11%, next year 15%, and the next five years 17%. There are many better than this! It has beaten estimates five out of the past five quarters, but not by that much. Earnings estimates for next year have been slightly lowered. Sent: Saturday, July 08, 2000 2:56 AM Scanning through clearstation tonight I came accross genz (genzyme corp, nasdaq) Charts looks like a c & h to me, with a breakout on high volume. A quick check of IBD reveals pretty good numbers: 80, 84, AAB This one's out of my price range. Did anyone else look at this one? ______________________________________________ FREE Personalized Email at Mail.com Sign up at http://www.mail.com/?sr=3Dsignup - ------------------------------------------------------------------------------- From: "Frank" Subject: [CANSLIM] hello and ELN stock breakout Date: 09 Jul 2000 00:15:43 -0500 My name is Frank and Ive been investing for 5 years and have been folowing CANSLIM. ELN is a company that looks to be breaking out. It is making new highs on almost twice the volume. It's ratings are 96 84 AAA. Any oipinions. ____________NetZero Free Internet Access and Email_________ Download Now http://www.netzero.net/download/index.html Request a CDROM 1-800-333-3633 ___________________________________________________________ - ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] ARTG B/O Date: 09 Jul 2000 09:02:13 -0400 It's not a "former employee" issue, they were selected by AMR Corp (American Airlines) as a provider over Broadvision. It's also why Broadvision tanked. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html ----- Original Message ----- Sent: Saturday, July 08, 2000 6:40 PM What is the news. Why did the former employee cash in his stock and was he fired or quit. The stock looks to me like its breaking our on good volume -----Original Message----- [mailto:owner-canslim@lists.xmission.com]On Behalf Of Stuart_Clemons@lotus.com Sent: Friday, July 07, 2000 1:31 PM >From today's IBD: ARTG 25 99 E D A Don't know about the chart, but the above numbers don't look CANSLIM to me. As an aside, Art Technology is down the block from me. They are growing fast. Lots of job openings with full page job ads in the Boston papers. A previous co-worker has been with Art Technology from the start and has cashed in small portion of his stock for a good chunk of change. (I could retire on that chunk alone!). Discl: I don't own ARTG. - Stuart ---------------------- Forwarded by Stuart Clemons/CAM/Lotus on 07/07/2000 02:20 PM --------------------------- Rocky Sanghvi @lists.xmission.com on 07/07/2000 01:56:47 PM Please respond to canslim@lists.xmission.com Sent by: owner-canslim@lists.xmission.com cc: (bcc: Stuart Clemons/CAM/Lotus) Possible potential breakout in ARTG based on news. Rakesh - - - - ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] OT: IVIS, CAMP Date: 09 Jul 2000 11:38:27 -0400 IVIS - EPS a little weak at 72, but well offset by rocketing recent earnings (past 3 qtrs). Obviously something happened three qtrs ago as sales also up strong. Friday's move just took it past the pivot, still buyable, and it did it on vol. CAMP - pretty deep cup, I would want to see at least a 2 week handle before buying Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html ----- Original Message ----- Sent: Saturday, July 08, 2000 8:45 PM These may/may not be CANSLIM. What do the people here think of IVIS and CAMP? Especially interested in IVIS. Thank you all. Have a great weekend! Rakesh -----Original Message----- Sent: 7/8/00 7:50 PM On 7 Jul 00, at 8:22, Dan Forant wrote: > If after a pivot is passed, a cup or handle starts to form, how do you tell > the difference before jumping in. I have seen mini cup and mini cup and > handles. I have posted the following note here a few times, old-timers on the list stop reading now, but I have found it useful, this is an excerpt on the C&H from an article in Technical Analysis of S & C magazine. - --- The cup of the pattern typically forms during intermediate-term market corrections and is usually 3 to 6 months in duration, but can be as long as 12 months during bear markets or as short as seven weeks during bull markets. The left side of the cup is a downtrend correcting the previous uptrend. The stock price bottoms and begins to advance, forming the right side of the cup. "During the formation of the cup's right side, the stock becomes subject to profit-taking at its old highs - the beginning of the cup formation - from sellers who bought at the cups bottom. In addition, investors who bought the stock near its old highs on the left side of the cup are anxious to sell." "The handle of the cup is usually more than one or two weeks long and should drift down on very low volume and form in the upper half of the pattern, preferably the upper third. A handle that drifts lower is important because it indicates that enough disbelievers are still active at that point. "... At this point, the volume should be light, indicating a lack of sellers. During the formation of the handle, new buyers step in and smart money adds to their positions, supporting the stock. When the stock breaks out from its handle, volume must surge by 40% above its avg. daily volume to confirm that demand is present at the stock's earliest emergin point." "Handles may also form slightly in new high ground [sic] when the right side of the cup drives somewhat higher than the cup's left side. ... Whatever the variation, the breakouts above the handle's high - the high on the right side of the cup - is what the investor wants to buy, which may or may not be a new high for the stock." " Many C&H patterns are 12-20% in depth, and can be as deep as 35-40% following market corrrections. Unless a bear market is present, depths of more than 45% are too excessive, making it difficult for a stock to successfully break out once the pattern is complete." - - - ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] hello and ELN stock breakout Date: 09 Jul 2000 11:51:55 -0400 for me, Frank, it would need to base for a few weeks to present a good entry point. I also would have some concerns over the consistency of earnings and sales. Looking just at the past 4 qtrs, sales were growing faster than earnings in the first two. During the two most recent, earnings started to accelerate, however sales appear to have flattened out. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html ----- Original Message ----- Sent: Sunday, July 09, 2000 1:15 AM My name is Frank and Ive been investing for 5 years and have been folowing CANSLIM. ELN is a company that looks to be breaking out. It is making new highs on almost twice the volume. It's ratings are 96 84 AAA. Any oipinions. ____________NetZero Free Internet Access and Email_________ Download Now http://www.netzero.net/download/index.html Request a CDROM 1-800-333-3633 ___________________________________________________________ - - ------------------------------------------------------------------------------- From: Dan Forant Subject: Re: [CANSLIM] hello and ELN stock breakout Date: 09 Jul 2000 12:02:40 -0400 I bought in at 49 5/16. Good figures, short handle. Dan At 12:15 AM 7/9/00 -0500, you wrote: >My name is Frank and Ive been investing for 5 years and have been folowing >CANSLIM. ELN is a company that looks to be breaking out. It is making new >highs on almost twice the volume. It's ratings are 96 84 AAA. Any >oipinions. > > >____________NetZero Free Internet Access and Email_________ >Download Now http://www.netzero.net/download/index.html >Request a CDROM 1-800-333-3633 >___________________________________________________________ > >- > > - ------------------------------------------------------------------------------- From: "Tim Fisher" Subject: Re:[CANSLIM] HGS List Date: 09 Jul 2000 09:10:27 -0700 Read the HGS tutorial on Ian Woodward's site. The short answer is yes. Remember Ian is a WON disciple and he has just refined CANSLIM to suit his own investing style. Think about it, do you want a stock that has based for 52 weeks or one that has already shown some leadership? At 12:54 AM 7/9/00 -0400, you wrote: >Tim, I'm curious why you screen with 2x 52wk lo? Does this enhance your >investment results? > >From: Tim Fisher [tim@orerockon.com] >Sent: Saturday, July 08, 2000 11:43 AM >To: canslim@mail.xmission.com >Subject: [CANSLIM] HGS List > >Here's this week's list (80/80/80/ABC, >= $10.00 w/in 15% of 52 wk hi & 2x > > >______________________________________________ >FREE Personalized Email at Mail.com >Sign up at http://www.mail.com/?sr=signup > > >- Tim Fisher, 1995 President, Pacific Fishery Biologists Ore-ROCK-On Rockhounding Web Site PFB Information mailto:tim@OreRockOn.com WWW http://OreRockOn.com - ------------------------------------------------------------------------------- From: "Dan Sutton" Subject: RE: [CANSLIM] Looks like I/we are being spammed Date: 09 Jul 2000 16:09:19 -0600 Tim, You're absolutely right, guess I better cut back on the number of posts. -----Original Message----- [mailto:owner-canslim@lists.xmission.com]On Behalf Of Tim Fisher Sent: Saturday, July 08, 2000 10:13 AM You only got it if you posted to the list. Lurkers are spared. {sarcasm_on}So quit posting, Dan!{sarcasm_off} At 08:42 AM 7/8/00 -0600, you wrote: >I received an email this morning from Best Fit Consulting touting their >Elite Investor Service. The ONLY place I have had my email address posted >has been to this newsgroup. Has anybody else received anything from BFC or >did they just get lucky and hit my address by chance? Tim Fisher, 1995 President, Pacific Fishery Biologists Ore-ROCK-On Rockhounding Web Site PFB Information mailto:tim@OreRockOn.com WWW http://OreRockOn.com - - ------------------------------------------------------------------------------- From: Dan Forant Subject: [CANSLIM] AMRI Double Bottom? Date: 09 Jul 2000 18:38:41 -0400 Does AMRI qualify for a double bottom? Dan - ------------------------------------------------------------------------------- From: "james sullivan" Subject: Re: [CANSLIM] Looks like I/we are being spammed Date: 09 Jul 2000 19:07:43 -0400 Dan, i received a spam too...jim -----Original Message----- >Has anybody else received anything from BFC or >did they just get lucky and hit my address by chance? - ------------------------------------------------------------------------------- From: Kent Norman Subject: [CANSLIM] TNL money flow dropping Date: 09 Jul 2000 19:54:28 -0500 TNL MACD fast is dropping to match the slow and money flow is going more negative. - ------------------------------------------------------------------------------- From: asosis@ca.ibm.com Subject: [CANSLIM] RE: charting tools Date: 09 Jul 2000 22:29:53 -0400 Hi. Can anyone recommend a charting package that can plot charts of surrogates? - ------------------------------------------------------------------------------- From: asosis@ca.ibm.com Subject: [CANSLIM] counting EPS Date: 09 Jul 2000 22:55:21 -0400 How does one calculate % growth when comparing positive earnings with negative (losses) or no earnings (0)? E.g., BRCD EPS changed from -.04 to .11 and IDB calculates that to be 157% growth. What is the formulae? Thank you! - ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] counting EPS Date: 09 Jul 2000 23:16:00 -0400 They take the absolute difference (15 cents in the example given) and divide by the old earnings regardless of the sign (neg in this case). Doesn't add up on the example you gave, so I looked at BRCD at DGO and this is what is shown there: prior latest %age -.21 .03 114% -.07 .06 186% -.02 .06 400% -.01 .11 999% I suspect if the old earnings were zero, then the percentage would be shown as 999% Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html ----- Original Message ----- Sent: Sunday, July 09, 2000 10:55 PM How does one calculate % growth when comparing positive earnings with negative (losses) or no earnings (0)? E.g., BRCD EPS changed from -.04 to .11 and IDB calculates that to be 157% growth. What is the formulae? Thank you! - - ------------------------------------------------------------------------------- From: Kent Norman Subject: [CANSLIM] earnings calendar Date: 09 Jul 2000 22:44:30 -0500 earnings calendar ARTG 8/8 BEIQ 7/28 CAH 7/31 CAMP 9/8 CDT 8/23 CDWC 7/18 CPN 7/28 EMC 7/19 FII 7/19 ICUI 7/13 IMPH 7/26 INTC 7/11 IVIS 7/31 JBL 9/14 KSU 8/2 LFUS 7/20 LTRE 8/10 MSS 7/26 NSIT 7/25 PCCC 7/24 PLXS 7/14 SANM 7/18 SCOR 7/20 SEBL 7/18 SFA 8/11 SMTC 8/23 SPW 7/25 TECD 8/31 TECH 8/9 TNL 7/26 VARI 7/28 Kent - ------------------------------------------------------------------------------- From: cherrie53 Subject: [CANSLIM] Re: Yahoo's earnings Date: 09 Jul 2000 23:20:57 -0700 (PDT) Hi Tom, I have position with YHOO for over a year. I regret I didn't take the profits and now it's break even after holding for a little over a year. Should I sell now and switch to other hot sectors? Can you suggest any stock that I can replace with during this earnings season? Like BRCD or JNPR. These two stocks seem very expensive but both have nearly broke out. BTW. what is the buy pivot point for BRCD and JNPR? Thank you very much for your thoughts on YHOO. cherrie __________________________________________________ Do You Yahoo!? Get Yahoo! Mail – Free email you can access from anywhere! http://mail.yahoo.com/ - ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] Re: Yahoo's earnings Date: 10 Jul 2000 07:10:03 -0400 Hi Cherrie, It is difficult for me to give advice on a single stock in terms of buy/hold/sell, esp for a single individual, as I do not know you, your investing goals or experience, or risk tolerance. On YHOO, they have not pre-announced thus I expect them to meet or beat forecasts. The Whisper # is 13 cents while the analysts' consensus is 10 cents, both well ahead of year ago 6 cents. The key, however, is likely to be growth of revenues, as many .com stocks lately have shown a slowdown in their rapid growth. If you bot it as a long term mattress stuffer, I would be inclined to hold unless its fundies deteriorate. The vol on BRCD on Friday is not convincing, and the spike before it began the cup is out of character. To me it looks to be basing at 180, I would watch and see if it bases, and let that establish the pivot. Same thing for JNPR, except basing at 150. I tend to buy long term, even on small and microcaps. I don't buy for a single earnings cycle, rather I look ahead and see if they will have at least two or three easy qtrly comparisons. Generally I buy a stock I am comfortable holding for several years at a minimum. Hope this helps, Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html ----- Original Message ----- Sent: Monday, July 10, 2000 2:20 AM Hi Tom, I have position with YHOO for over a year. I regret I didn't take the profits and now it's break even after holding for a little over a year. Should I sell now and switch to other hot sectors? Can you suggest any stock that I can replace with during this earnings season? Like BRCD or JNPR. These two stocks seem very expensive but both have nearly broke out. BTW. what is the buy pivot point for BRCD and JNPR? Thank you very much for your thoughts on YHOO. cherrie __________________________________________________ Do You Yahoo!? Get Yahoo! Mail - Free email you can access from anywhere! http://mail.yahoo.com/ - - ------------------------------------------------------------------------------- From: chris dempsey Subject: Re:[CANSLIM] HGS List Date: 10 Jul 2000 07:24:39 -0400 (EDT) Thanks for the comment Tim. I don=92t buy anything less than 80 RS, these a= re the stocks that have already shown some leadership. I=92ve noticed that man= y of the stocks on my list are above 2x 52 week low, but not all of them. I= =92m going to try to watch this for a while to see if this should be added to my criteria or if the 80 RS minimum will suffice. Read the HGS tutorial on Ian Woodward's site. The short answer is yes. Remember Ian is a WON disciple and he has just refined CANSLIM to suit his own investing style. Think about it, do you want a stock that has based for 52 weeks or one that has already shown some leadership? At 12:54 AM 7/9/00 -0400, you wrote: Tim, I'm curious why you screen with 2x 52wk lo? Does this enhance your investment results? ______________________________________________ FREE Personalized Email at Mail.com Sign up at http://www.mail.com/?sr=3Dsignup - ------------------------------------------------------------------------------- From: chris dempsey Subject: RE: [CANSLIM] Leaders List Date: 10 Jul 2000 07:30:53 -0400 (EDT) On the first and the 16th of the month I take the numbers straight out of IBD. I have posted them here many times. Sent: Sunday, July 09, 2000 5:04 PM Chris: Great post! Where do you get your ranking from>? Rakesh -----Original Message----- Sent: 7/9/00 12:53 AM I have a list of stocks that are potential buy candidates, any stock from any group can be on this list if it meets my criteria. Currently 236 stocks are on this list. I further screen that list by only focusing on the specific industry groups that are high or moving higher. Currently 125 of the 236 stocks are on this list. I believe this is VERY important. A great example is just this week, look what happened to CA & BMCS. I was out of this group on May 1 when their group ranking became 42 after spending months in single digits. I still do not own a stock in this group. Take a look at Computer Softwr-Enterpse each half month ranking since Oct 99. SpecificIndustryGroup,7/00,6i/00,6/00,5i/00,5/00,4i/00,4/00,3i/00,3/00,2i/00,2/00,1i/00,1/00,12i/99,12/99,11i/99,11/99,10i/99,10/99 Computer Softwr-Enterpse,54,75,60,46,42,13,8,5,4,2,4,5,3,5,3,4,3,2,6 Sent: Monday, July 03, 2000 10:19 PM Earl, I remain curious why so many members seem to first focus on groups breaking out rather than individual stocks. I am also curious why so many seem to be excluding absolutely the oil/gas related groups. Logically, it seems to me that with the current stabilization of high prices, the production/exploration/service groups should enjoy a period of high success, esp since their past data was so weak when prices of crude were down, and no one was bothering to expand these activities. Certainly, recent earnings and sales reports, and RS, have supported this logic. Are you seeing a cliff that I am missing? Tom Worley ______________________________________________ FREE Personalized Email at Mail.com Sign up at http://www.mail.com/?sr=signup - ------------------------------------------------------------------------------- From: kraus0r@cs.com Subject: [CANSLIM] JDSU Date: 10 Jul 2000 09:08:12 -0400 With the news of the JDSU / SDLI merger, do you think we'll see the JDSU gap filled at 100 ? Premarket already shows ask at around 101. Roger - ------------------------------------------------------------------------------- From: kraus0r@cs.com Subject: [CANSLIM] JDSU Date: 10 Jul 2000 09:08:12 -0400 With the news of the JDSU / SDLI merger, do you think we'll see the JDSU gap filled at 100 ? Premarket already shows ask at around 101. Roger - ------------------------------------------------------------------------------- From: Robert Subject: [CANSLIM] Add/Dis Numbers also a post about these numbers Date: 09 Jul 2000 16:10:48 -0400 Here are the latest Acc/Dis numbers: Date A B C D E a+b/A:E E/A:E 6/19/00 1076 2874 1331 951 334 60% 5% 6/20/00 1039 2851 1348 960 361 59% 6% 6/21/00 1046 2857 1336 958 358 60% 5% 6/22/00 1039 2869 1287 968 359 60% 6% 6/23/00 1047 2865 1306 947 368 60% 6% 6/26/00 973 2831 1361 976 387 58% 6% 6/27/00 967 2801 1388 975 391 58% 6% 6/28/00 967 2816 1359 984 378 58% 6% 6/29/00 995 2775 1377 983 379 58% 6% 6/30/00 1048 2818 1347 928 367 59% 6% 7/3/00 1071 2788 1344 944 360 59% 6% 7/5/00 1030 2763 1371 990 360 58% 6% 7/6/00 1051 2765 1388 969 359 58% 5% 7/7/00 1010 2773 1378 977 378 58% 6% 7/10/00 1030 2803 1371 951 359 59% 6% Spread sheet version: Date,A,B,C,D,E,a+b/A:E,E/A:E 6/14/00,1062,2874,1355,938,355,60%,5% 6/15/00,1079,2881,1337,941,345,60%,5% 6/16/00,1101,2884,1354,916,333,60%,5% 6/19/00,1076,2874,1331,951,334,60%,5% 6/20/00,1039,2851,1348,960,361,59%,6% 6/21/00,1046,2857,1336,958,358,60%,5% 6/22/00,1039,2869,1287,968,359,60%,6% 6/23/00,1047,2865,1306,947,368,60%,6% 6/26/00,973,2831,1361,976,387,58%,6% 6/27/00,967,2801,1388,975,391,58%,6% 6/28/00,967,2816,1359,984,378,58%,6% 6/29/00,995,2775,1377,983,379,58%,6% 6/30/00,1048,2818,1347,928,367,59%,6% 7/3/00,1071,2788,1344,944,360,59%,6% 7/5/00,1030,2763,1371,990,360,58%,6% 7/6/00,1051,2765,1388,969,359,58%,5% 7/7/00,1010,2773,1378,977,378,58%,6% 7/10/00,1030,2803,1371,951,359,59%,6% Robert I have had a few people email me about what these numbers represent. I am enclosing a post that originally started me posting this information. Hopefully this will help any others that are curious but haven't known what this info is about: This is a copy of a post made by a friend of mine last January. He also researched the levels of ABCDE one should look for. - --Db <> ................................... This is Ian Woodward's response to a question on the subject. It's based on the aforementioned research. <10%. On each occasion, the resulting drop of A+B to the Total below 62%, fell to around 45%, with the market broken. It hovered at these levels for a few weeks before retracing back up quickly to above 62%, the entire drop to retrace to this level taking approximately 4 weeks. With the number currently at 53%, the market is still weak and in a state of flux. It needs to get above 62% before you can feel comfortable that there is sufficient strength and breadth in the market. This implies that the number for A+B should be around 4500 total. It has another 700 to go, so it still has a fair amount of repair ahead. You should also understand that as the market gets trashed the number of stocks (>$5) goes down, and vice versa. So the current number of 7198 will rise and fall with the strength or weakness of the market. For example, at its peak at the end of October, this total number was about 7570. Likewise, the % of "E" will also give you a clue. Currently, this is 515/7198 = 7.15% - that's bad! For a stable and meaningful market, this number should stay below 4%. As you would expect, the "E" chart pattern is the reverse of the A+B/Total. It hit a peak of between 8 to 10% on the same three occasions mentioned above, and retraced down to the 4% or below level after 4 weeks. You want to watch the # of "E's" come down below 300 for you to be comfortable that the market has repaired. The steady state is between 1.5 to 4% or 100 to 300 stocks in category "E". Likewise, when it gets as low as 1.5 to 2%, you should be on the look out that the market is overextended (over-rich), and is due for a correction. If you put this stuff in a spreadsheet, you can watch the changes and graph the results. With trendlines, you can anticipate when a market is about to break or about to repair!>> __________________________________________________ Do You Yahoo!? Talk to your friends online with Yahoo! Messenger. http://im.yahoo.com - ------------------------------------------------------------------------------- From: Jeff Salisbury Subject: Re: [CANSLIM] Looks like I/we are being spammed Date: 10 Jul 2000 08:17:18 -0600 Dan Sutton wrote: > > I received an email this morning from Best Fit Consulting touting their > Elite Investor Service. The ONLY place I have had my email address posted > has been to this newsgroup. Has anybody else received anything from BFC or > did they just get lucky and hit my address by chance? > > - Hello Everyone, Will someone please forward me the spam they received. The most important information I need is in the headers. So please forward all headers so I can track this spammer down. Regards, Jeff - ------------------------------------------------------------------------------- From: Jonathan Berman Subject: [CANSLIM] Candidates to Buy... Date: 10 Jul 2000 10:44:29 -0400 Hi. Been checking out this board, some good stuff, thanks. Where did the sell half upon reaching +25% come from? Interesting, but is that WON? Just bought TECD, JACO, and CDT as CANSLIM buys. What do you think? thanks. JB - ------------------------------------------------------------------------------- From: Tim Fisher Subject: Re: [CANSLIM] Candidates to Buy... Date: 10 Jul 2000 08:37:09 -0700 You are jumping the gun on all three (as I'm sure you know). TECD and CDT need to form handles (but these days who bothers waiting for a handle?) on their long cups. JACO has a decent if loose base but could just as easily stay stuck in it as break out. On 07:44 AM 7/10/00, Jonathan Berman Said: >Hi. >Been checking out this board, some good stuff, thanks. > >Where did the sell half upon reaching +25% come from? >Interesting, but is that WON? > >Just bought TECD, JACO, and CDT as CANSLIM buys. > >What do you think? > >thanks. >JB > >- Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - ------------------------------------------------------------------------------- From: Ravi Raman Subject: [CANSLIM] DRAM Date: 10 Jul 2000 09:55:18 -0700 Any thoughts on DRAM? Broke out a few weeks back on heavy volume. In a good industry (Semiconductor). Regards, Ravi Raman - ------------------------------------------------------------------------------- From: Tim Fisher Subject: Re: [CANSLIM] TNL money flow dropping Date: 10 Jul 2000 10:28:44 -0700 What is the relevance of this information? I.e. how would you use it in a CANSLIM sense? The chart shows me a valid breakout on volume from a HTF on Friday and a successful followthrough in progress today. Look at the 1yr chart. This is a textbook LLUR pattern. I just wish I could have held on through the Oct 98 turmoil. On 05:54 PM 7/9/00, Kent Norman Said: >TNL MACD fast is dropping to match the slow and money flow is going more >negative. Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - ------------------------------------------------------------------------------- From: kraus0r@cs.com Subject: Re: [CANSLIM] DRAM Date: 10 Jul 2000 15:36:19 -0400 Ravi, I'm a little concerned that DRAM appears to have cooled off. I'm still a few $$ above my entry, so I'm still in. By the way, I don't believe DRAM is in the semiconductor industry group. It is in the computer memory group w/ EMC, ADIC, SNDK,... At least according to IBD. good luck, Roger canslim@lists.xmission.com wrote: > > Any thoughts on DRAM? Broke out a few weeks back on heavy volume. In a good > industry (Semiconductor). > > Regards, > > Ravi Raman > > > > - > > - ------------------------------------------------------------------------------- From: Joseph Jungbluth Subject: [CANSLIM] Van Tharp's Book- What did I mean Date: 10 Jul 2000 12:45:52 -0700 (PDT) Yikes! Thanks Eric for point that mistake out to me. I meant "Trade Your Way to Financial Freedom". Nothing like mixing up titles to really confuse matters. As an aside, I recently learned that Tharp's student, David Mobley, who wrote the forward and whose experiences are used as examples of what can be achieved was indicted for fraud. As damaging as that is to Tharp's credibilty, his explication of Systems, Risk, and Expectation is (IMHO) still valid. Joe << Rogers) Joe, You mentioned Van Tharp's "Trading for a Living". I don't see that. I see "Trade your way to Financial Freedom" I also see "Trading for a Living" by Alexander Elder. Which one were you talking about? Eric >> __________________________________________________ Do You Yahoo!? Get Yahoo! Mail – Free email you can access from anywhere! http://mail.yahoo.com/ - ------------------------------------------------------------------------------- From: Pritish Shah Subject: Re: [CANSLIM] DRAM Date: 10 Jul 2000 13:41:06 -0700 (PDT) Well according to the name DRAM sells DRAM memory (different types). Their product is chips and yes they are in the computer memory group because that is what their product is. Regards, Shah 408-525-4263 On Mon, 10 Jul 2000 kraus0r@cs.com wrote: > Ravi, > > I'm a little concerned that DRAM appears to have cooled off. I'm > still a few $$ above my entry, so I'm still in. By the way, I don't > believe DRAM is in the semiconductor industry group. It is in the > computer memory group w/ EMC, ADIC, SNDK,... At least according to > IBD. > > good luck, > Roger > canslim@lists.xmission.com wrote: > > > > Any thoughts on DRAM? Broke out a few weeks back on heavy volume. In a good > > industry (Semiconductor). > > > > Regards, > > > > Ravi Raman > > > > > > > > - > > > > > > - > > - ------------------------------------------------------------------------------- From: han.26@osu.edu Subject: [CANSLIM] Indexes plotted with VOLUME? Date: 10 Jul 2000 16:56:29 -0700 Does anyone have a good, free site where indices are plotted *with VOLUME* on an up-to-date basis? Thanks, -Jim - ------------------------------------------------------------------------------- From: asosis@ca.ibm.com Subject: Re: [CANSLIM] Indexes plotted with VOLUME? Date: 10 Jul 2000 17:14:48 -0400 www.marketwatch.com As an aside, I am feeling a little frustrated. I buy a stock (eg MEDI, TLCM, NVDA, etc) it goes up, I do not sell because the stock makes a nice gain in no time (and according to WON I should keep it for at least 4 weeks) and of course shortly after the stock drops back below pivot and I sell because "if I had a nice gain but did not take it I should not take a loss" (also from WON). Any comments? han.26@osu.edu on 07/10/2000 07:56:29 PM Please respond to canslim@lists.xmission.com cc: Does anyone have a good, free site where indices are plotted *with VOLUME* on an up-to-date basis? Thanks, -Jim - - ------------------------------------------------------------------------------- From: Dan Forant Subject: Re: [CANSLIM] Indexes plotted with VOLUME? Date: 10 Jul 2000 21:29:32 -0400 Do you really think this is a good market to keep (most) stocks for 4 weeks. Not me pardner. Medi is a good example. I like the idea of taking profits sooner rather than later. Dan At 05:14 PM 7/10/00 -0400, you wrote: > > >www.marketwatch.com > >As an aside, I am feeling a little frustrated. I buy a stock (eg MEDI, >TLCM, NVDA, etc) it goes up, I do not sell because the stock makes a nice >gain in no time (and according to WON I should keep it for at least 4 >weeks) and of course shortly after the stock drops back below pivot and I >sell because "if I had a nice gain but did not take it I should not take a >loss" (also from WON). > >Any comments? > > > > >han.26@osu.edu on 07/10/2000 07:56:29 PM > >Please respond to canslim@lists.xmission.com > >To: canslim@lists.xmission.com >cc: >Subject: [CANSLIM] Indexes plotted with VOLUME? > > > > >Does anyone have a good, free site where indices are >plotted *with VOLUME* on an up-to-date basis? > >Thanks, >-Jim > > >- > > > > > >- > > - ------------------------------------------------------------------------------- From: "Dave" Subject: Re: [CANSLIM] Indexes plotted with VOLUME? Date: 10 Jul 2000 22:14:05 -0700 This is simply part of the game, but rest assured you are doing it right. If a big gain makes a fast run to your cost getting out is the smart thing to do. You also must understand the type of market environment we are in. The NASDAQ fell 40% and many, many investors have huge psychological damage. This is making whipsaws and failed breakout much more the norm. I have two suggestions. First, temper your expectations in this environment. Second, consider selling part of your position at a 20-25% gain then move your stop to breakeven. I have never been a big fan of "if a stock move X amount hold it for X amount of time". In these volatile markets that strategy is a little too passive. Of course...JMO! DSquires ----- Original Message ----- Sent: Monday, July 10, 2000 2:14 PM > > > www.marketwatch.com > > As an aside, I am feeling a little frustrated. I buy a stock (eg MEDI, > TLCM, NVDA, etc) it goes up, I do not sell because the stock makes a nice > gain in no time (and according to WON I should keep it for at least 4 > weeks) and of course shortly after the stock drops back below pivot and I > sell because "if I had a nice gain but did not take it I should not take a > loss" (also from WON). > > Any comments? > > > > > han.26@osu.edu on 07/10/2000 07:56:29 PM > > Please respond to canslim@lists.xmission.com > > To: canslim@lists.xmission.com > cc: > Subject: [CANSLIM] Indexes plotted with VOLUME? > > > > > Does anyone have a good, free site where indices are > plotted *with VOLUME* on an up-to-date basis? > > Thanks, > -Jim > > > - > > > > > > - > - ------------------------------------------------------------------------------- From: asosis@ca.ibm.com Subject: Re: [CANSLIM] RNBO Date: 11 Jul 2000 10:44:46 -0400 What do you think about RNBO? The volume is 400%. Btw, NUHC is breaking out if its range. Volume is 170% Anna Sosis - ------------------------------------------------------------------------------- From: Dave Cameron Subject: [CANSLIM] RNBO and NUHC Date: 11 Jul 2000 08:12:20 -0700 (PDT) How 'bout that - 2 stocks which look like CANSLIM. My thoughts - for what its worth: 1. RNBO - I like the EPS/RS and the strength/ratings. - I like the base action. - I'm glad it hit a new high (52) - I'm concerned that its back at 50 as I type. 2. NUHC - I like the EPS/RS and the strength/ratings. - For me, the base is too short. - Being up 11.5% today (as I type) makes me nervous about chasing it. I'd probably watch RNBO... __________________________________________________ Do You Yahoo!? Get Yahoo! Mail – Free email you can access from anywhere! http://mail.yahoo.com/ - ------------------------------------------------------------------------------- From: "Frank" Subject: Re: [CANSLIM] RNBO Date: 11 Jul 2000 10:14:57 -0500 I like the chart and the accumulation of the stock. Can you tell me about the IBD ratings? ----- Original Message ----- Sent: Tuesday, July 11, 2000 9:44 AM > > > What do you think about RNBO? The volume is 400%. > > Btw, NUHC is breaking out if its range. Volume is 170% > > Anna Sosis > > > > - > > _____NetZero Free Internet Access and Email______ http://www.netzero.net/download/index.html - ------------------------------------------------------------------------------- From: han.26@osu.edu Subject: [CANSLIM] OK thanks Date: 11 Jul 2000 11:51:20 -0700 >>From: asosis@ca.ibm.com >>Subject: Re: [CANSLIM] Indexes plotted with VOLUME? >>www.marketwatch.com Thanks, -Jim - ------------------------------------------------------------------------------- From: Tim Fisher Subject: Re: [CANSLIM] RNBO and NUHC Date: 11 Jul 2000 09:32:46 -0700 Chasing it? It's 1/2 a point above the pivot at 10% up today on 3x ADV=20 already. That's a perfect entry in my book. On 08:12 AM 7/11/00, Dave Cameron Said: >How 'bout that - 2 stocks which look like CANSLIM. > >My thoughts - for what its worth: > 1. RNBO - I like the EPS/RS and the strength/ratings. > - I like the base action. > - I'm glad it hit a new high (52) > - I'm concerned that its back at 50 as I type. > > 2. NUHC - I like the EPS/RS and the strength/ratings. > - For me, the base is too short. > - Being up 11.5% today (as I type) makes me > nervous about chasing it. > >I'd probably watch RNBO... > >__________________________________________________ >Do You Yahoo!? >Get Yahoo! Mail =AD Free email you can access from anywhere! >http://mail.yahoo.com/ > >- Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - ------------------------------------------------------------------------------- From: Tim Fisher Subject: [CANSLIM] TECD b/o attempt Date: 11 Jul 2000 09:38:59 -0700 TECD is attempting to clear its pivot off a long and nicely formed (if a little deep) C&H today. It's HGS - dunno about CANSLIM stats. Great looking handle. Worth watching. Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - ------------------------------------------------------------------------------- From: Walter Stock Subject: Re: [CANSLIM] Sell decisions - Anna Date: 11 Jul 2000 13:15:33 -0400 Hi Anna, Having owned and dumped all three, I have shared some of the frustration. For me, the key here is market behavior. Only two possibilities: trending or not trending. The Nasdaq has been in a trading range since June 2 and until it breaks out and starts trending again, my view is that there will be many failed breakouts and fewer KEI's. So I think it is currently a time to take profits more quickly on most stocks, and only trying to ride the very strongest for longer term gains. When the Nasdaq clears 4073 on good volume, I will give my stocks a little more leeway. Till then, a tight leash on breakouts. All of this assumes your investment horizon is the same as mine, intermediate-term. Hope this helps, Walter Stock Oakville, ON, Canada asosis@ca.ibm.com wrote: > www.marketwatch.com > > As an aside, I am feeling a little frustrated. I buy a stock (eg MEDI, > TLCM, NVDA, etc) it goes up, I do not sell because the stock makes a nice > gain in no time (and according to WON I should keep it for at least 4 > weeks) and of course shortly after the stock drops back below pivot and I > sell because "if I had a nice gain but did not take it I should not take a > loss" (also from WON). > > Any comments? > > han.26@osu.edu on 07/10/2000 07:56:29 PM > > Please respond to canslim@lists.xmission.com > > To: canslim@lists.xmission.com > cc: > Subject: [CANSLIM] Indexes plotted with VOLUME? > > Does anyone have a good, free site where indices are > plotted *with VOLUME* on an up-to-date basis? > > Thanks, > -Jim > > - > > - - ------------------------------------------------------------------------------- From: asosis@ca.ibm.com Subject: Re: [CANSLIM] Sell decisions - Anna Date: 11 Jul 2000 13:23:21 -0400 Walter, Dave, Kent and everyone else.. Thank you for the advice. Walter Stock on 07/11/2000 01:15:33 PM Please respond to canslim@lists.xmission.com cc: Hi Anna, Having owned and dumped all three, I have shared some of the frustration. For me, the key here is market behavior. Only two possibilities: trending or not trending. The Nasdaq has been in a trading range since June 2 and until it breaks out and starts trending again, my view is that there will be many failed breakouts and fewer KEI's. So I think it is currently a time to take profits more quickly on most stocks, and only trying to ride the very strongest for longer term gains. When the Nasdaq clears 4073 on good volume, I will give my stocks a little more leeway. Till then, a tight leash on breakouts. All of this assumes your investment horizon is the same as mine, intermediate-term. Hope this helps, Walter Stock Oakville, ON, Canada asosis@ca.ibm.com wrote: > www.marketwatch.com > > As an aside, I am feeling a little frustrated. I buy a stock (eg MEDI, > TLCM, NVDA, etc) it goes up, I do not sell because the stock makes a nice > gain in no time (and according to WON I should keep it for at least 4 > weeks) and of course shortly after the stock drops back below pivot and I > sell because "if I had a nice gain but did not take it I should not take a > loss" (also from WON). > > Any comments? > > han.26@osu.edu on 07/10/2000 07:56:29 PM > > Please respond to canslim@lists.xmission.com > > To: canslim@lists.xmission.com > cc: > Subject: [CANSLIM] Indexes plotted with VOLUME? > > Does anyone have a good, free site where indices are > plotted *with VOLUME* on an up-to-date basis? > > Thanks, > -Jim > > - > > - - - ------------------------------------------------------------------------------- From: Dave Cameron Subject: Re: [CANSLIM] TECD b/o attempt Date: 11 Jul 2000 10:31:29 -0700 (PDT) 88 88 A B B CANSLIM on that count. --- Tim Fisher wrote: > TECD is attempting to clear its pivot off a long and > nicely formed (if a > little deep) C&H today. It's HGS - dunno about CANSLIM > stats. Great looking > handle. Worth watching. > > Tim Fisher > Ore-Rock-On and Pacific Fishery Biologists WWW Sites > > Tim@OreRockOn.com > WWW: http://OreRockOn.com > See naked fish and rocks! > > > - > __________________________________________________ Do You Yahoo!? Get Yahoo! Mail – Free email you can access from anywhere! http://mail.yahoo.com/ - ------------------------------------------------------------------------------- From: Tim Fisher Subject: Re: [CANSLIM] Sell decisions - Anna Date: 11 Jul 2000 10:38:33 -0700 I'd be happy with 4064, but who's quibbling? ;} I'm planning on cashing out of 1/2 my positions of AMD, SEBL, & ADBE @ 25% gain and PLXS @ 50% gain via limit orders. This is new for me (never even entered a limit order before!); we'll see how it works out. On 10:15 AM 7/11/00, Walter Stock Said: >Hi Anna, > >Having owned and dumped all three, I have shared some of >the frustration. > >For me, the key here is market behavior. Only two possibilities: >trending or not trending. The Nasdaq has been in a trading range >since June 2 and until it breaks out and starts trending again, >my view is that there will be many failed breakouts and fewer KEI's. > >So I think it is currently a time to take profits more quickly on most >stocks, and only trying to ride the very strongest for longer term gains. > >When the Nasdaq clears 4073 on good volume, I will give my stocks >a little more leeway. Till then, a tight leash on breakouts. > >All of this assumes your investment horizon is the same as mine, >intermediate-term. > >Hope this helps, > >Walter Stock >Oakville, ON, Canada Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - ------------------------------------------------------------------------------- From: Dave Cameron Subject: [CANSLIM] RNBO and TECD Date: 11 Jul 2000 10:42:20 -0700 (PDT) RNBO is back in the base. Bounced off a new high at 52, but went right back into previous trading range. Looks worth watching though. TECD looks good. Not sure if today qualifies as a breakout yet - volume isn't all that hot. __________________________________________________ Do You Yahoo!? Get Yahoo! Mail – Free email you can access from anywhere! http://mail.yahoo.com/ - ------------------------------------------------------------------------------- From: asosis@ca.ibm.com Subject: Re: [CANSLIM] DRAM Date: 11 Jul 2000 14:09:48 -0400 Up 113% volume.. I can't figure out the proper entry point. Is it above 35 (the recent high)? Thank you. - ------------------------------------------------------------------------------- From: Werner Vandewiele Subject: Re: [CANSLIM] RNBO Date: 11 Jul 2000 20:13:31 +0200 U schreef / You wrote: >What do you think about RNBO? The volume is 400%. And it is failing as I write. Groeten / Regards, <<< Werner Vandewiele >>> - ------------------------------------------------------------------------------- From: Ravi Raman Subject: RE: [CANSLIM] DRAM Date: 11 Jul 2000 11:29:49 -0700 I believe that it broke out right around 26.5 on June 21st with high volume. It followed through the next four days on high volume also, but retraced some of those gains. Though, this may have been due to general market weakness. It is having a good day today though (currently trading at 33.xx). Regards, Ravi Raman -----Original Message----- Sent: Tuesday, July 11, 2000 11:10 AM Up 113% volume.. I can't figure out the proper entry point. Is it above 35 (the recent high)? Thank you. - - ------------------------------------------------------------------------------- From: Tim Fisher Subject: Re: [CANSLIM] DRAM Date: 11 Jul 2000 11:30:36 -0700 The correct entry point was 27-ish when it cleared the March high. Entering now would definitely be chasing it per WON. On 11:09 AM 7/11/00, asosis@ca.ibm.com Said: >Up 113% volume.. I can't figure out the proper entry point. Is it above 35 >(the recent high)? > > >Thank you. Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - ------------------------------------------------------------------------------- From: Tim Fisher Subject: Re: [CANSLIM] RNBO Date: 11 Jul 2000 11:38:34 -0700 Looks like more handle-forming in store, albeit on record volume. Seems this is news driven trading; not the best reason to buy a b/o IMO. I try not to buy intraday anyway. Look at the charts this evening and then decide whether you still want to buy it. On 11:13 AM 7/11/00, Werner Vandewiele Said: >U schreef / You wrote: > > > >>What do you think about RNBO? The volume is 400%. > > >And it is failing as I write. > > > >Groeten / Regards, > ><<< Werner Vandewiele >>> Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - ------------------------------------------------------------------------------- From: Walter Stock Subject: Re: [CANSLIM] RNBO Date: 11 Jul 2000 16:43:13 -0400 Kevin Marder charts and discusses RNBO in his "Marder on the Market" column today at TradingMarkets.com. Calls RNBO a failed breakout, as it closed well below the pivot of the cup with handle on the day of the attempted breakout. Walter Stock Oakville, ON, Canada Tim Fisher wrote: > Looks like more handle-forming in store, albeit on record volume. Seems > this is news driven trading; not the best reason to buy a b/o IMO. I try > not to buy intraday anyway. Look at the charts this evening and then decide > whether you still want to buy it. > > On 11:13 AM 7/11/00, Werner Vandewiele Said: > >U schreef / You wrote: > > > > > > > >>What do you think about RNBO? The volume is 400%. > > > > > >And it is failing as I write. > > > > > > > >Groeten / Regards, > > > ><<< Werner Vandewiele >>> > > Tim Fisher > Ore-Rock-On and Pacific Fishery Biologists WWW Sites > > Tim@OreRockOn.com > WWW: http://OreRockOn.com > See naked fish and rocks! > > - - ------------------------------------------------------------------------------- From: Rocky Sanghvi Subject: RE: [CANSLIM] OT: Distribution Date: 11 Jul 2000 17:01:46 -0400 Is this a distribution day on the Nas? 1.7B traded. Nas was in positive territory most of the day before reversing so I am hesitant to classify this one.... Rakesh -----Original Message----- Sent: Tuesday, July 11, 2000 4:43 PM Kevin Marder charts and discusses RNBO in his "Marder on the Market" column today at TradingMarkets.com. Calls RNBO a failed breakout, as it closed well below the pivot of the cup with handle on the day of the attempted breakout. Walter Stock Oakville, ON, Canada Tim Fisher wrote: > Looks like more handle-forming in store, albeit on record volume. Seems > this is news driven trading; not the best reason to buy a b/o IMO. I try > not to buy intraday anyway. Look at the charts this evening and then decide > whether you still want to buy it. > > On 11:13 AM 7/11/00, Werner Vandewiele Said: > >U schreef / You wrote: > > > > > > > >>What do you think about RNBO? The volume is 400%. > > > > > >And it is failing as I write. > > > > > > > >Groeten / Regards, > > > ><<< Werner Vandewiele >>> > > Tim Fisher > Ore-Rock-On and Pacific Fishery Biologists WWW Sites > > Tim@OreRockOn.com > WWW: http://OreRockOn.com > See naked fish and rocks! > > - - - ------------------------------------------------------------------------------- From: Pritish Shah Subject: RE: [CANSLIM] OT: Distribution Date: 11 Jul 2000 14:18:44 -0700 (PDT) Technically yes but I think the move in percentage is very small .6%. However, to be on the safe side, it seems the nearest upside resistance is at 4050. If it manages to close above 4050, we are looking at a new rally :) The next one looks to be at 4100. If we close above 4100, we should thank stock gods :) Regards, Shah 408-525-4263 On Tue, 11 Jul 2000, Rocky Sanghvi wrote: > Is this a distribution day on the Nas? 1.7B traded. Nas was in positive > territory most of the day before reversing so I am hesitant to classify this > one.... > > Rakesh > > > > -----Original Message----- > From: Walter Stock [mailto:wstock@cgocable.net] > Sent: Tuesday, July 11, 2000 4:43 PM > To: canslim@lists.xmission.com > Subject: Re: [CANSLIM] RNBO > > > Kevin Marder charts and discusses RNBO in his "Marder on the Market" > column today at TradingMarkets.com. Calls RNBO a failed breakout, > as it closed well below the pivot of the cup with handle on the day > of the attempted breakout. > > Walter Stock > Oakville, ON, Canada > > Tim Fisher wrote: > > > Looks like more handle-forming in store, albeit on record volume. Seems > > this is news driven trading; not the best reason to buy a b/o IMO. I try > > not to buy intraday anyway. Look at the charts this evening and then > decide > > whether you still want to buy it. > > > > On 11:13 AM 7/11/00, Werner Vandewiele Said: > > >U schreef / You wrote: > > > > > > > > > > > >>What do you think about RNBO? The volume is 400%. > > > > > > > > >And it is failing as I write. > > > > > > > > > > > >Groeten / Regards, > > > > > ><<< Werner Vandewiele >>> > > > > Tim Fisher > > Ore-Rock-On and Pacific Fishery Biologists WWW Sites > > > > Tim@OreRockOn.com > > WWW: http://OreRockOn.com > > See naked fish and rocks! > > > > - > > > - > > - > > - ------------------------------------------------------------------------------- From: Kent Norman Subject: [CANSLIM] PXLW earnings date please Date: 11 Jul 2000 18:56:06 -0500 Does anyone have the earnings announcement date for PXLW Thanks Kent - ------------------------------------------------------------------------------- From: Eric Shen Subject: Re: [CANSLIM] DGO List Date: 11 Jul 2000 18:41:14 -0700 Tom, Forgive my ignorance, but do you only print the changes to the DGO list? I don't see 158 candidates here. How often do you print a refresh of all the candiates. Regards, Eric Tom Worley wrote: > > List continues stable this week at 158 candidates vs 153 last > week. Prior to that was 164 and 158 > > Bx means Base of "x" weeks duration, IMO > > ADCT - B3, or maybe rolling over into a head and shoulders > SDLI - B2, nice consolidation under the pivot, steady sales and > earnings > CDWC - B2, nice consolidation under the pivot, steady sales and > earnings > TNL - b/o Friday, still within 10% of a short B2 > NT - c&h?? > KG - B2+, heavy selling vol on Fri, but closed virtually > unchanged, may break either way > FII - B2 > PAYX - B2+ > RHI - 11 week trading range, sales growing but earnings look > stagnant > SHFL - B5, small cap > LFUS - base on base > KSU - forming the handle on the cup > CWTR - B2 > LM - B3 > MBSI - B4, vol heavy on buying last 3 days > AH - clawed its way back to the B3 > SPW - nearly 1.5 ADV b/o on Friday from almost B5, still within > 5% of base > TEVA - B4 > THX - B5+ > WTM - B3, tight but thinly traded > HRH - B3 > > Happy hunting, > > Tom Worley > stkguru@netside.net > chat with me at ICQ # 5568838 > get ICQ software at http://www.icq.com/icqhomepage.html > > - -- Eric Shen MS LOC3-8 / / / Level One Communications email: eshen@level1.com | | |_/ an Intel company Tel: (916) 855 5177 | |___/ 9750 Goethe Road ext: 4497 |_____/ Sacramento, CA 95827 - ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] PXLW earnings date please Date: 11 Jul 2000 23:29:42 -0400 Hi Kent, DGO doesn't show a date, since they only base it on when they reported last year, and they weren't public then (another reason to wait a year on IPOs to clear out all the "pro forma" data and stuff). However, their 2nd qtr ended 6/30, so they must report by 8/15 (unless they take the automatic 2 week extension). Best bet is to call the company, or contact them via the net at www.pixelworks.com Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html ----- Original Message ----- Sent: Tuesday, July 11, 2000 7:56 PM Does anyone have the earnings announcement date for PXLW Thanks Kent - - ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] DGO List Date: 11 Jul 2000 23:32:56 -0400 Unfortunately, I can't post the entire list each week, or I lose my contract to get the service. So what I post is my personal review of those candidates on the list, noting only the ones I think have a chart formation (or occasionally some other characteristic worth noting) that are worth considering a new candidate for someone's watch list (after their own due diligence, of course). I include the nrs of how many made the overall list as another gauge of "M" for CANSLIM type stocks. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html ----- Original Message ----- Sent: Tuesday, July 11, 2000 9:41 PM Tom, Forgive my ignorance, but do you only print the changes to the DGO list? I don't see 158 candidates here. How often do you print a refresh of all the candiates. Regards, Eric Tom Worley wrote: > > List continues stable this week at 158 candidates vs 153 last > week. Prior to that was 164 and 158 > > Bx means Base of "x" weeks duration, IMO > > ADCT - B3, or maybe rolling over into a head and shoulders > SDLI - B2, nice consolidation under the pivot, steady sales and > earnings > CDWC - B2, nice consolidation under the pivot, steady sales and > earnings > TNL - b/o Friday, still within 10% of a short B2 > NT - c&h?? > KG - B2+, heavy selling vol on Fri, but closed virtually > unchanged, may break either way > FII - B2 > PAYX - B2+ > RHI - 11 week trading range, sales growing but earnings look > stagnant > SHFL - B5, small cap > LFUS - base on base > KSU - forming the handle on the cup > CWTR - B2 > LM - B3 > MBSI - B4, vol heavy on buying last 3 days > AH - clawed its way back to the B3 > SPW - nearly 1.5 ADV b/o on Friday from almost B5, still within > 5% of base > TEVA - B4 > THX - B5+ > WTM - B3, tight but thinly traded > HRH - B3 > > Happy hunting, > > Tom Worley > stkguru@netside.net > chat with me at ICQ # 5568838 > get ICQ software at http://www.icq.com/icqhomepage.html > > - -- Eric Shen MS LOC3-8 / / / Level One Communications email: eshen@level1.com | | |_/ an Intel company Tel: (916) 855 5177 | |___/ 9750 Goethe Road ext: 4497 |_____/ Sacramento, CA 95827 - - ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] RNBO and NUHC Date: 11 Jul 2000 23:49:36 -0400 On RNBO, note that its earnings growth ("C") is positive only for the past two qtrs, for the two qtrs before that, they were down on year to year comparisons. And for "A", the earnings growth rate is a negative 15%. The past two qtrs may have set a trend, or only upped expectations. But with a new set of earnings due shortly (DGO indicates 7/20), I would prefer to wait and see if the "trend" is indeed that. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html ----- Original Message ----- Sent: Tuesday, July 11, 2000 11:12 AM How 'bout that - 2 stocks which look like CANSLIM. My thoughts - for what its worth: 1. RNBO - I like the EPS/RS and the strength/ratings. - I like the base action. - I'm glad it hit a new high (52) - I'm concerned that its back at 50 as I type. 2. NUHC - I like the EPS/RS and the strength/ratings. - For me, the base is too short. - Being up 11.5% today (as I type) makes me nervous about chasing it. I'd probably watch RNBO... __________________________________________________ Do You Yahoo!? Get Yahoo! Mail - Free email you can access from anywhere! http://mail.yahoo.com/ - - ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] DRAM Date: 12 Jul 2000 00:06:28 -0400 Just to renew my past comments, 1st b/o or entry around 25, 2nd b/o or add point around 30. Too extended and volatile now for a 3rd add. Also DGO shows today's volume barely met ADV, so may be starting to be consolidate, or even an early distributional signal. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html ----- Original Message ----- Sent: Tuesday, July 11, 2000 2:09 PM Up 113% volume.. I can't figure out the proper entry point. Is it above 35 (the recent high)? Thank you. - - ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] OT: Distribution Date: 12 Jul 2000 00:13:39 -0400 general speculation is that the weighing factor on Naz today was worries over Yahoo earnings. Fooled again, worrywarts, beat estimates and matched whisper #. Up 9 in after mkt trading. Revenues also beat estimates by a handy $30 mil. Could be an interesting day tomorrow for Naz, wonder what they'll worry about then? Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html ----- Original Message ----- Sent: Tuesday, July 11, 2000 5:18 PM Technically yes but I think the move in percentage is very small .6%. However, to be on the safe side, it seems the nearest upside resistance is at 4050. If it manages to close above 4050, we are looking at a new rally :) The next one looks to be at 4100. If we close above 4100, we should thank stock gods :) Regards, Shah 408-525-4263 On Tue, 11 Jul 2000, Rocky Sanghvi wrote: > Is this a distribution day on the Nas? 1.7B traded. Nas was in positive > territory most of the day before reversing so I am hesitant to classify this > one.... > > Rakesh > > > > -----Original Message----- > From: Walter Stock [mailto:wstock@cgocable.net] > Sent: Tuesday, July 11, 2000 4:43 PM > To: canslim@lists.xmission.com > Subject: Re: [CANSLIM] RNBO > > > Kevin Marder charts and discusses RNBO in his "Marder on the Market" > column today at TradingMarkets.com. Calls RNBO a failed breakout, > as it closed well below the pivot of the cup with handle on the day > of the attempted breakout. > > Walter Stock > Oakville, ON, Canada > > Tim Fisher wrote: > > > Looks like more handle-forming in store, albeit on record volume. Seems > > this is news driven trading; not the best reason to buy a b/o IMO. I try > > not to buy intraday anyway. Look at the charts this evening and then > decide > > whether you still want to buy it. > > > > On 11:13 AM 7/11/00, Werner Vandewiele Said: > > >U schreef / You wrote: > > > > > > > > > > > >>What do you think about RNBO? The volume is 400%. > > > > > > > > >And it is failing as I write. > > > > > > > > > > > >Groeten / Regards, > > > > > ><<< Werner Vandewiele >>> > > > > Tim Fisher > > Ore-Rock-On and Pacific Fishery Biologists WWW Sites > > > > Tim@OreRockOn.com > > WWW: http://OreRockOn.com > > See naked fish and rocks! > > > > - > > > - > > - > > - - ------------------------------------------------------------------------------- From: "David S. Pinhasik" Subject: [CANSLIM] Yahoo stock alerts - question Date: 12 Jul 2000 09:49:25 +0300 G'mornin'. Is anyone using Yahoo stock alerts? For the longest time the alerts were working great for me. I set them to go off at 50% above ADV and they would do so cleverly (during stock trading) by calculating the ADV proportionately to the time elapsed during the day and compare that to current volume. So I would get alerted very early into trading if a stock was trading heavily. And then it all went kaput. It's been a while since I saw volume alerts, only price alerts. I don't think I changed any settings and I have no idea why this happened. I don't have any desire to try yahoo support, yet. Has anyone had a similar problem? Ideas? Thanks, David If James Bond was an Amish spy, he would drink buttermilk. Shaken not churned. ============================================ David S. Pinhasik IBM Global Services (Israel) @ Chaim Sheba Medical Center - Tel Hashomer, Israel +972 3 530 5209 (new) +972 3 534 5748 fax +1 707 885 7831 US efax dsap@shani.net ============================================ This signature and tagline were generated by SchizoSigz! - ------------------------------------------------------------------------------- From: "Tom Worley" Subject: [CANSLIM] NASDAQ Date: 12 Jul 2000 08:00:03 -0400 Since last night, the Naz futures have been holding nearly a 2% gain, now over 2%. Didn't help Japan, which lost ground tho recovered some of the loss before its close. Israel (another of my tech indicators) did ok. Europe mostly up, tho not big time. All still suggests a strong opening on Naz barring any earnings surprises. Will be a good indicator if it holds for the day. I suspect a lot of it is a relief rally over Yahoo's earnings and revenues reported after the close yesterday, tho haven't checked pre-mkt trading on YHOO. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html - ------------------------------------------------------------------------------- From: Stuart_Clemons@lotus.com Subject: RE: [CANSLIM] ARTG B/O Date: 12 Jul 2000 08:37:31 -0400 Sorry for not responding sooner. I've been away for a few days. My aside regarding a former co-worker who has worked for ARTG pretty much since the start (and who still works there) was just an aside. Whatever is happening with the stock is not related to my former coworker. Sorry for any miscommunication on my part. The bottom line for me is that ARTG is not a CANSLIM stock. - Stuart ---------------------- Forwarded by Stuart Clemons/CAM/Lotus on 07/12/2000 08:39 AM --------------------------- "John Adair" @lists.xmission.com on 07/08/2000 06:40:29 PM Please respond to canslim@lists.xmission.com Sent by: owner-canslim@lists.xmission.com cc: (bcc: Stuart Clemons/CAM/Lotus) What is the news. Why did the former employee cash in his stock and was he fired or quit. The stock looks to me like its breaking our on good volume -----Original Message----- [mailto:owner-canslim@lists.xmission.com]On Behalf Of Stuart_Clemons@lotus.com Sent: Friday, July 07, 2000 1:31 PM >From today's IBD: ARTG 25 99 E D A Don't know about the chart, but the above numbers don't look CANSLIM to me. As an aside, Art Technology is down the block from me. They are growing fast. Lots of job openings with full page job ads in the Boston papers. A previous co-worker has been with Art Technology from the start and has cashed in small portion of his stock for a good chunk of change. (I could retire on that chunk alone!). Discl: I don't own ARTG. - Stuart ---------------------- Forwarded by Stuart Clemons/CAM/Lotus on 07/07/2000 02:20 PM --------------------------- Rocky Sanghvi @lists.xmission.com on 07/07/2000 01:56:47 PM Please respond to canslim@lists.xmission.com Sent by: owner-canslim@lists.xmission.com cc: (bcc: Stuart Clemons/CAM/Lotus) Possible potential breakout in ARTG based on news. Rakesh - - - - ------------------------------------------------------------------------------- From: Kent Norman Subject: Re: [CANSLIM] PXLW earnings date please Date: 12 Jul 2000 10:15:02 -0500 Thanks Tom Now that I understand why... Here is the information for all. http://www.iredge.com/IREdge/IREdge.asp?c=002223&f=2012 07/18/2000 Q2 Earnings Release Conference Call begins at 2 p.m. PDT. Contact Investor Relations at (503) 612-6700 ext. 527 to obtain conference call information. 10/17/2000 Q3 Earnings Release Regards Kent Tom Worley wrote: > > Hi Kent, > > DGO doesn't show a date, since they only base it on when they > reported last year, and they weren't public then (another reason > to wait a year on IPOs to clear out all the "pro forma" data and > stuff). However, their 2nd qtr ended 6/30, so they must report by > 8/15 (unless they take the automatic 2 week extension). Best bet > is to call the company, or contact them via the net at > www.pixelworks.com > > Tom Worley > stkguru@netside.net > chat with me at ICQ # 5568838 > get ICQ software at http://www.icq.com/icqhomepage.html > > ----- Original Message ----- > From: Kent Norman > To: canslim > Sent: Tuesday, July 11, 2000 7:56 PM > Subject: [CANSLIM] PXLW earnings date please > > Does anyone have the earnings announcement date for PXLW > > Thanks > Kent > > - > > - - ------------------------------------------------------------------------------- From: asosis@ca.ibm.com Subject: [CANSLIM] Re: [CANSLIMNUHC Date: 12 Jul 2000 16:05:30 -0400 Can anyone comment on action of NUHC? from 10% above pivot to 6% below? Anna Sosis - ------------------------------------------------------------------------------- From: Tim Fisher Subject: [CANSLIM] Help needed Date: 12 Jul 2000 10:06:47 -0700 OK I tried the limit order thing and it isn't working. Apparently I can't have a stop loss on (for example) 70 shares of AMD at 69 and also have a limit order to sell 35 shares of AMD at 85 if I own 70 shares. It says I don't have the shares when I try to place the limit order with the stop order already active. Does anyone know how I can accomplish this feat? Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - ------------------------------------------------------------------------------- From: asosis@ca.ibm.com Subject: Re: [CANSLIM] Help needed Date: 12 Jul 2000 16:54:12 -0400 It may depend on broker you use, but from my experience you cannot have both orders active.. The broker sees the active order and subtracts the # of shares in that order from the # of shares you have. So when you try to place the second order your broker sees that you "have no shares" for the second active order. Anna Tim Fisher on 07/12/2000 01:06:47 PM Please respond to canslim@lists.xmission.com cc: OK I tried the limit order thing and it isn't working. Apparently I can't have a stop loss on (for example) 70 shares of AMD at 69 and also have a limit order to sell 35 shares of AMD at 85 if I own 70 shares. It says I don't have the shares when I try to place the limit order with the stop order already active. Does anyone know how I can accomplish this feat? Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - - ------------------------------------------------------------------------------- From: asosis@ca.ibm.com Subject: Re: [CANSLIM]Brokerages Date: 12 Jul 2000 17:21:05 -0400 I agree that the best way to buy a b/o when it happens without news. Brokerages rallied on the announcement today. However, some had valid setups prior to today: MER, AGE, LEH, LM...... One point of view: avoid the breakouts we are seeing today because they are news driven. Second point of view: MER and AGE broke out last week (or somewhere there... definitely not today).. Therefore we have valid leadership in the group so it is ok to buy. What do you think? Anna - ------------------------------------------------------------------------------- From: Rocky Sanghvi Subject: RE: [CANSLIM]Brokerages Date: 12 Jul 2000 17:38:37 -0400 Anna: Actually this represents a important point. IMHO, The M seems to be indicating a rally ahead if brokerages are doing well. I always keep in mind what WON said "Pay attention to what the M have already done..." Rakesh. -----Original Message----- Sent: Wednesday, July 12, 2000 5:21 PM I agree that the best way to buy a b/o when it happens without news. Brokerages rallied on the announcement today. However, some had valid setups prior to today: MER, AGE, LEH, LM...... One point of view: avoid the breakouts we are seeing today because they are news driven. Second point of view: MER and AGE broke out last week (or somewhere there... definitely not today).. Therefore we have valid leadership in the group so it is ok to buy. What do you think? Anna - - ------------------------------------------------------------------------------- From: Eric Shen Subject: Re: [CANSLIM]Brokerages Date: 12 Jul 2000 14:55:17 -0700 Hmm.. this is an interesting thought. If we shouldn't buy on the news, then shouldn't the best time to buy during the lull between the spate of earning reports? I was under the impression that if a company announces good earnings and the stock breaks out on good volume, then that's good. Comments? Eric Rocky Sanghvi wrote: > > Anna: > > Actually this represents a important point. IMHO, The M seems to be > indicating a rally ahead if brokerages are doing well. I always keep in > mind what WON said "Pay attention to what the M have already done..." > > Rakesh. > > -----Original Message----- > From: asosis@ca.ibm.com [mailto:asosis@ca.ibm.com] > Sent: Wednesday, July 12, 2000 5:21 PM > To: canslim@lists.xmission.com > Subject: Re: [CANSLIM]Brokerages > > I agree that the best way to buy a b/o when it happens without news. > Brokerages rallied on the announcement today. However, some had valid > setups prior to today: MER, AGE, LEH, LM...... One point of view: avoid > the breakouts we are seeing today because they are news driven. Second > point of view: MER and AGE broke out last week (or somewhere there... > definitely not today).. Therefore we have valid leadership in the group so > it is ok to buy. > > What do you think? > > Anna > > - > > - -- Eric Shen MS LOC3-8 / / / Level One Communications email: eshen@level1.com | | |_/ an Intel company Tel: (916) 855 5177 | |___/ 9750 Goethe Road ext: 4497 |_____/ Sacramento, CA 95827 - ------------------------------------------------------------------------------- From: Pritish Shah Subject: Re: [CANSLIM] Help needed Date: 12 Jul 2000 15:17:51 -0700 (PDT) Yep that would be correct. You have to call it in :( Regards, Shah 408-525-4263 On Wed, 12 Jul 2000, Tim Fisher wrote: > OK I tried the limit order thing and it isn't working. Apparently I can't > have a stop loss on (for example) 70 shares of AMD at 69 and also have a > limit order to sell 35 shares of AMD at 85 if I own 70 shares. It says I > don't have the shares when I try to place the limit order with the stop > order already active. Does anyone know how I can accomplish this feat? > > Tim Fisher > Ore-Rock-On and Pacific Fishery Biologists WWW Sites > > Tim@OreRockOn.com > WWW: http://OreRockOn.com > See naked fish and rocks! > > - > > - ------------------------------------------------------------------------------- From: Pritish Shah Subject: Re: [CANSLIM] Re: [CANSLIMNUHC Date: 12 Jul 2000 15:28:54 -0700 (PDT) Profit taking. They released a statement today and people are taking profit. This drop today can be viewed as a short term cup/handle. I would get worried if they drop below $25 (last breakout) Regards, Shah 408-525-4263 On Wed, 12 Jul 2000 asosis@ca.ibm.com wrote: > > > Can anyone comment on action of NUHC? from 10% above pivot to 6% below? > > Anna Sosis > > > > - > > - ------------------------------------------------------------------------------- From: Dennis Jun Subject: [CANSLIM] BVF, a handle starting to form? Date: 12 Jul 2000 15:44:09 -0700 (PDT) Hello all! I was reading IBD today and saw BVF in the "Where The Big Money's Flowing" section of the NYSE. It has an EPS rating of 96, a RS rating of 92, a group strength rating of A, a SMR rating of A, and Acc/Dis rating of A. I checked out the number of shares outstanding, 64.7 million. Marketguide.com reports 35.76% institutional ownership. I think the debt is a bit high, I'm not sure though, I'll have to double check on that. With the exception of the number of outstanding shares being a little bit on the high side, this looks pretty good from a fundamental standpoint. On the technical side, it seems as though it's going to form a handle over the next few days. Thus we should see the volume taper off. The pivot point on this would be $68.00, assuming the handle doesn't decline beyond the half point of the base ($54 7/8). What do you guys think? __________________________________________________ Do You Yahoo!? Get Yahoo! Mail – Free email you can access from anywhere! http://mail.yahoo.com/ - ------------------------------------------------------------------------------- From: Dale Pelzer Subject: Re: [CANSLIM] Re: [CANSLIMNUHC Date: 12 Jul 2000 17:00:59 -0800 i'm moving and need to temporarily shut off my canslim messages. how do i do that? thanks, dale At 03:28 PM 7/12/00 -0700, you wrote: >Profit taking. They released a statement today and people are taking >profit. This drop today can be viewed as a short term cup/handle. > >I would get worried if they drop below $25 (last breakout) > > >Regards, >Shah >408-525-4263 > > >On Wed, 12 Jul 2000 asosis@ca.ibm.com wrote: > > > > > > > Can anyone comment on action of NUHC? from 10% above pivot to 6% below? > > > > Anna Sosis > > > > > > > > - > > > > > > >- - ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] BVF, a handle starting to form? Date: 12 Jul 2000 21:29:25 -0400 Should this end up basing in the 59-61 range, which it might but too early to call, I might consider a buy in the low 60s on volume rather than waiting for the pivot. I also tend to shade the pivot when the last high was formed on topping action (e.g. a final hurrah spike), esp when it did not close at that high. Thus the highest I would place a pivot would be about 65. What really grabbed me about this drug company was the apparent extreme cyclical nature of both its sales and earnings in the first quarter. Happened both last year and this year. Only thing my cynical mind could think of to cause this (unless all they sell is suntan lotion), was that they were stuffing a lot of 1st qtr sales into the 4th qtr. I would want to address this concern first. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html ----- Original Message ----- Sent: Wednesday, July 12, 2000 6:44 PM Hello all! I was reading IBD today and saw BVF in the "Where The Big Money's Flowing" section of the NYSE. It has an EPS rating of 96, a RS rating of 92, a group strength rating of A, a SMR rating of A, and Acc/Dis rating of A. I checked out the number of shares outstanding, 64.7 million. Marketguide.com reports 35.76% institutional ownership. I think the debt is a bit high, I'm not sure though, I'll have to double check on that. With the exception of the number of outstanding shares being a little bit on the high side, this looks pretty good from a fundamental standpoint. On the technical side, it seems as though it's going to form a handle over the next few days. Thus we should see the volume taper off. The pivot point on this would be $68.00, assuming the handle doesn't decline beyond the half point of the base ($54 7/8). What do you guys think? __________________________________________________ Do You Yahoo!? Get Yahoo! Mail - Free email you can access from anywhere! http://mail.yahoo.com/ - - ------------------------------------------------------------------------------- From: "Frank" Subject: [CANSLIM] RNBO Date: 12 Jul 2000 21:59:57 -0500 Is there any signals to be looking for as a possible entry point. I have never seen any price action this way before. Thanks _______________________________________________ Why pay for something you could get for free? NetZero provides FREE Internet Access and Email http://www.netzero.net/download/index.html - ------------------------------------------------------------------------------- From: asosis@ca.ibm.com Subject: Re: [CANSLIM] BVF, a handle starting to form? Date: 12 Jul 2000 23:16:10 -0400 What is the preferred choice of MWD, LM, LEH, SCH, TROW.. I think MWD, SCH, LM, LH, TROW in the listed order... any opinions? Anna - ------------------------------------------------------------------------------- From: asosis@ca.ibm.com Subject: Re: [CANSLIM] BVF, a handle starting to form? Date: 12 Jul 2000 23:16:37 -0400 What is the preferred choice of MWD, LM, LEH, SCH, TROW.. I think MWD, SCH, LM, LEH, TROW in the listed order... any opinions? Anna - ------------------------------------------------------------------------------- From: Pritish Shah Subject: Re: [CANSLIM] RNBO Date: 12 Jul 2000 20:44:49 -0700 (PDT) Two possible entry points 1) CANSLIM 52 1/8 (52wk high + 1/8) and that is what it happens to be -- no kidding 2) Pullback to previous mini-breakout around $42. This should be bought if it bounces off $41 :) -- This would be deemed as a re-entry point by some. Ofcourse -- it is safer to buy around 52 1/8 on heavy volume. Regards, Shah 408-525-4263 On Wed, 12 Jul 2000, Frank wrote: > Is there any signals to be looking for as a possible entry point. I have > never seen any price action this way before. > > Thanks > > _______________________________________________ > Why pay for something you could get for free? > NetZero provides FREE Internet Access and Email > http://www.netzero.net/download/index.html > > - > > - ------------------------------------------------------------------------------- From: Talib Hirji Subject: Re: [CANSLIM] RNBO Date: 13 Jul 2000 05:52:33 -0700 Looking at the chart, I see negative divergence on moneyflow & OBV at this time. talib At 08:44 PM 7/12/00 -0700, you wrote: >Two possible entry points > >1) CANSLIM 52 1/8 (52wk high + 1/8) and that is what it happens to be -- >no kidding > >2) Pullback to previous mini-breakout around $42. This should be bought if >it bounces off $41 :) -- This would be deemed as a re-entry point by some. > >Ofcourse -- it is safer to buy around 52 1/8 on heavy volume. > > >Regards, >Shah >408-525-4263 > > >On Wed, 12 Jul 2000, Frank wrote: > > > Is there any signals to be looking for as a possible entry point. I have > > never seen any price action this way before. > > > > Thanks > > > > _______________________________________________ > > Why pay for something you could get for free? > > NetZero provides FREE Internet Access and Email > > http://www.netzero.net/download/index.html > > > > - > > > > > > >- - ------------------------------------------------------------------------------- From: Tim Fisher Subject: [CANSLIM] More breakouts Date: 13 Jul 2000 14:33:35 -0700 Hmmm, kinda quiet for such a nice rally day today. Anyway FWIW CPN, NEWP, TLGD and DRAM broke out of questionable bases today on good volume. TECD looks poised to go. LTRE fell on its sword. Dunno why. VTSS is dying aftermarket (not CANSLIM anyway) and AMCC finally is in the black again. Whoohoo. I cashed out of the 1/2 positions that I was trying to put limit orders on yesterday. Had to cut the stop orders in half to do that. Don't like to do that - makes me feel naked. Whadda ya think Earl, next stop 4446? We've already closed over the 4148 April Fool's dip. Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - ------------------------------------------------------------------------------- From: Rocky Sanghvi Subject: RE: [CANSLIM] More breakouts Date: 13 Jul 2000 17:58:26 -0400 IPO's doing well TNSI, SRTI ....seems like the old times don't it? NMSS and AMCC burning up the charts..... rakesh -----Original Message----- Sent: Thursday, July 13, 2000 5:34 PM Hmmm, kinda quiet for such a nice rally day today. Anyway FWIW CPN, NEWP, TLGD and DRAM broke out of questionable bases today on good volume. TECD looks poised to go. LTRE fell on its sword. Dunno why. VTSS is dying aftermarket (not CANSLIM anyway) and AMCC finally is in the black again. Whoohoo. I cashed out of the 1/2 positions that I was trying to put limit orders on yesterday. Had to cut the stop orders in half to do that. Don't like to do that - makes me feel naked. Whadda ya think Earl, next stop 4446? We've already closed over the 4148 April Fool's dip. Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - - ------------------------------------------------------------------------------- From: "Ed Wile" Subject: [CANSLIM] dram breakout/base Date: 13 Jul 2000 20:12:31 -0700 Tim commented that dram broke out (of a questionable base) today on heavy volume. Didn't it break out when it hit it's 26ish pivot point or, on the day it surpassed it's previous high of about 30and a quarter (or was it 31 and a quarter). Anyway, seemed to me that it had already "broken out" Ed - ------------------------------------------------------------------------------- From: Ravi Raman Subject: RE: [CANSLIM] dram breakout/base Date: 13 Jul 2000 17:14:34 -0700 It also looks to me like it broke out at 26.5 with strong volume. It seemed to follow through on subsequent days also. Regards, Ravi Raman -----Original Message----- Sent: Thursday, July 13, 2000 8:13 PM Tim commented that dram broke out (of a questionable base) today on heavy volume. Didn't it break out when it hit it's 26ish pivot point or, on the day it surpassed it's previous high of about 30and a quarter (or was it 31 and a quarter). Anyway, seemed to me that it had already "broken out" Ed - - ------------------------------------------------------------------------------- From: Pritish Shah Subject: Re: [CANSLIM] dram breakout/base Date: 13 Jul 2000 17:23:27 -0700 (PDT) This is a breakout from a small base of around a week or two. Mini base started around June 25th and continued till today. So around two weeks base. Think of bases as fractals. It will start making more sense then. Regards, Shah 408-525-4263 On Thu, 13 Jul 2000, Ed Wile wrote: > Tim commented that dram broke out (of a questionable base) today on heavy > volume. > Didn't it break out when it hit it's 26ish pivot point or, on the day > it surpassed it's previous high of about 30and a quarter (or was it 31 and > a quarter). > Anyway, seemed to me that it had already "broken out" > > Ed > > > - > > - ------------------------------------------------------------------------------- From: Pritish Shah Subject: Re: [CANSLIM] dram breakout/base Date: 13 Jul 2000 17:23:27 -0700 (PDT) This is a breakout from a small base of around a week or two. Mini base started around June 25th and continued till today. So around two weeks base. Think of bases as fractals. It will start making more sense then. Regards, Shah 408-525-4263 On Thu, 13 Jul 2000, Ed Wile wrote: > Tim commented that dram broke out (of a questionable base) today on heavy > volume. > Didn't it break out when it hit it's 26ish pivot point or, on the day > it surpassed it's previous high of about 30and a quarter (or was it 31 and > a quarter). > Anyway, seemed to me that it had already "broken out" > > Ed > > > - > > - ------------------------------------------------------------------------------- From: "Frank" Subject: Re: ShAh [CANSLIM] RNBO Date: 13 Jul 2000 19:25:58 -0500 Shah, I am watching to for an entry point. The stock has to correct a bit from the 1.5 vol. traded. I can't believe there is no support around $44 - $46. Any ideas why? Also what possibilities could have caused the stock to drop Tues other than institutional selling. Frank ----- Original Message ----- Sent: Wednesday, July 12, 2000 10:44 PM > Two possible entry points > > 1) CANSLIM 52 1/8 (52wk high + 1/8) and that is what it happens to be -- > no kidding > > 2) Pullback to previous mini-breakout around $42. This should be bought if > it bounces off $41 :) -- This would be deemed as a re-entry point by some. > > Ofcourse -- it is safer to buy around 52 1/8 on heavy volume. > > > Regards, > Shah > 408-525-4263 > > > On Wed, 12 Jul 2000, Frank wrote: > > > Is there any signals to be looking for as a possible entry point. I have > > never seen any price action this way before. > > > > Thanks > > > > _______________________________________________ > > Why pay for something you could get for free? > > NetZero provides FREE Internet Access and Email > > http://www.netzero.net/download/index.html > > > > - > > > > > > > - > > _____NetZero Free Internet Access and Email______ http://www.netzero.net/download/index.html - ------------------------------------------------------------------------------- From: Pritish Shah Subject: Re: ShAh [CANSLIM] RNBO Date: 13 Jul 2000 17:50:07 -0700 (PDT) Frank, I have no idea why there is no support around $44 to $46. If I venture to guess, I would be wrong. However, that said, I do see support somewhere around $42 and then around $40. $42 being the last recent low and $40 being around the last mini breakout. Regards, Shah 408-525-4263 On Thu, 13 Jul 2000, Frank wrote: > Shah, > > I am watching to for an entry point. The stock has to correct a bit from > the 1.5 vol. traded. I can't believe there is no support around $44 - $46. > Any ideas why? Also what possibilities could have caused the stock to drop > Tues other than institutional selling. > > Frank > > ----- Original Message ----- > From: "Pritish Shah" > To: > Sent: Wednesday, July 12, 2000 10:44 PM > Subject: Re: [CANSLIM] RNBO > > > > Two possible entry points > > > > 1) CANSLIM 52 1/8 (52wk high + 1/8) and that is what it happens to be -- > > no kidding > > > > 2) Pullback to previous mini-breakout around $42. This should be bought if > > it bounces off $41 :) -- This would be deemed as a re-entry point by some. > > > > Ofcourse -- it is safer to buy around 52 1/8 on heavy volume. > > > > > > Regards, > > Shah > > 408-525-4263 > > > > > > On Wed, 12 Jul 2000, Frank wrote: > > > > > Is there any signals to be looking for as a possible entry point. I > have > > > never seen any price action this way before. > > > > > > Thanks > > > > > > _______________________________________________ > > > Why pay for something you could get for free? > > > NetZero provides FREE Internet Access and Email > > > http://www.netzero.net/download/index.html > > > > > > - > > > > > > > > > > > > - > > > > > > > _____NetZero Free Internet Access and Email______ > http://www.netzero.net/download/index.html > > - > > - ------------------------------------------------------------------------------- From: "Patrick Wahl" Subject: [CANSLIM] Upcoming book Date: 13 Jul 2000 19:25:11 -0600 Caught this note at Trading markets.com in Kevin Marder's column- "As for the L.A. trader, his identity will become apparent in a couple of months upon publication of a book of interviews with top traders that I've co- authored with TM Futures Editor Marc Dupee." So this might be worth watching for. - ------------------------------------------------------------------------------- From: "Dave" Subject: [CANSLIM] Kuhn's failed breakouts comments Date: 13 Jul 2000 22:39:11 -0700 Since some in the group have just discussed some of the odd breakout failures recently I thought this was timely. From Greg Kuhn of Tradingmarkets.com **************************************************************************** ***************************************** >>>Although some great-looking stocks appeared to crumble for no good apparent reason, there have been slightly more stocks that have worked out to this point than not. That's what we've been waiting to see. Which way would the scale tip? Would those issues working on successful breakouts hold up, or falter with the other failures? Seeing some of your nice little profits dwindle to nothing may have had you thinking, "The heck with it, I'm going to make some adjustments to the rules and take some quick profits." That's fine. But don't go crying the blues when one of these nice little profits turns out to be a big-winning stock and you're not along for the ride. Following the rules I laid out in the Trading Course I did with Kevin Marder should be viewed as a religion. They're there to help you position yourself for the meaningful advances, not the day-to-day stuff. Pick your time frame, have your rules and stick to the game plan. That's how the persistently stoic-looking, Hall of Fame NFL coaches became Hall of Fame coaches. If there's one thing I always remember my father telling me as a kid it's this: Right about the time I was ready to pack it in on whatever was frustrating me, he would ask, "Have you ever heard of George Washington?" My reply, "Sure." He'd follow up, "He never quit." He'd ask again, "Have you ever heard of Abraham Lincoln?" My reply, "Yes dad, would you get to your point!" He'd follow up, "He never quit." Finally, "Have you ever heard of Oliver Tweedlidee?" My reply, "Nooooo." Good 'ole dad, "He gave up!" So it's been tricky: baptism by fire to those new to the methods I use in trading the intermediate term. Some stocks broke out from sound basing patterns, looked great following through to higher highs, only to collapse days later. I'm not sure what that was all about, but this column is not about getting to the truth or being right. It's about making money. By the way, cut out and save that chart of Varian (VARI). You'll never see a better textbook cup-with-handle setup. Price-and-volume action, the precise tightness in price, length, depth....the whole nine yards. Accelerating, year-over-year quarterly earnings growth to boot. Right group too -- O'Neil Electronic-Scientific Instrumentation industry sub-group ranked No. 2 out of 197.<<< - ------------------------------------------------------------------------------- From: Anna Sosis Subject: Re: [CANSLIM] CMTN Date: 13 Jul 2000 20:06:20 -0700 (PDT) Someone recently ( Tom, I think it was you :) posted something about not buying before earnings announcements. What do you think about CMTN? It is announcing on Monday, however, it broke out today on 200% vol. The EPS growth rate is in high triple digits, momentum earnings growth, PE in line with the growth... I would like to pick it up tomorrow if it follows through (it MAY bounce off 105, so I would buy at 106 or so if the volume is there..) Any thoughts? __________________________________________________ Do You Yahoo!? Get Yahoo! Mail – Free email you can access from anywhere! http://mail.yahoo.com/ - ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] CMTN Date: 13 Jul 2000 23:56:50 -0400 Hi Anna, Not sure where you are getting your vol figures, however DGO shows vol of 2,028,900 which is not even close to 1.5 X ADV of 1,557,200. Thus, the nearly 9% move up today could trap you in a stock that could just as easily drop back to 90, since the move was without any base forming. At that point you would be down well over 10% and presumably stopped out. Trading at well over 100 times even projected earnings, and double that for trailing earnings, only exaggerates the valuation that has it also trading about 35 times mkt cap/sales ratio. All speak to an extremely high valuation. Buying without any kind of defensive downside base seems to me very risky. Unless a stock can handily beat not just its forecasted earnings, but the whisper nr as well, it is just as likely to sell off on any kind of earnings news as it is to hold the line, or move higher. For me that means the odds of a downside to earnings news is at least as great as for a breakeven or small profit. If I am not already in it with a profit padding, I won't go in right in advance of earnings. For what it's worth, the whisper # at http://www.earningswhispers.com/ is 24 cents, and they indicate the consensus # as 22 cents. Either # is an excellent comparison to the 8 cents they earned in 2nd qtr 1999, however the mkt (at least short term) seems much more focused on beating the whisper nr than on the year to year comparisons. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html ----- Original Message ----- Sent: Thursday, July 13, 2000 11:06 PM Someone recently ( Tom, I think it was you :) posted something about not buying before earnings announcements. What do you think about CMTN? It is announcing on Monday, however, it broke out today on 200% vol. The EPS growth rate is in high triple digits, momentum earnings growth, PE in line with the growth... I would like to pick it up tomorrow if it follows through (it MAY bounce off 105, so I would buy at 106 or so if the volume is there..) Any thoughts? __________________________________________________ Do You Yahoo!? Get Yahoo! Mail - Free email you can access from anywhere! http://mail.yahoo.com/ - - ------------------------------------------------------------------------------- From: Anna Sosis Subject: Re: [CANSLIM] CMTN Date: 13 Jul 2000 21:37:48 -0700 (PDT) Thank you Tom. Your insight is wise, as always :)And you are right, I have miscalculated the volume. Ouch!!! Can't thank you enough! One trader at TradingMarkets.com who advocates a close to CANSLIM approach looks at projected EPS growth rate and compares it to PE ratio. In other words, if EPS the growth rate is 500% for the last two quaters PE of 130 is OK. However, if the growth rate is 10%, PE of 20 is entirely too high. Any comments on this approach? --- Tom Worley wrote: > Hi Anna, > > Not sure where you are getting your vol figures, > however DGO > shows vol of 2,028,900 which is not even close to > 1.5 X ADV of > 1,557,200. Thus, the nearly 9% move up today could > trap you in a > stock that could just as easily drop back to 90, > since the move > was without any base forming. At that point you > would be down > well over 10% and presumably stopped out. > > Trading at well over 100 times even projected > earnings, and > double that for trailing earnings, only exaggerates > the valuation > that has it also trading about 35 times mkt > cap/sales ratio. All > speak to an extremely high valuation. Buying without > any kind of > defensive downside base seems to me very risky. > > Unless a stock can handily beat not just its > forecasted earnings, > but the whisper nr as well, it is just as likely to > sell off on > any kind of earnings news as it is to hold the line, > or move > higher. For me that means the odds of a downside to > earnings news > is at least as great as for a breakeven or small > profit. If I am > not already in it with a profit padding, I won't go > in right in > advance of earnings. > > For what it's worth, the whisper # at > http://www.earningswhispers.com/ is 24 cents, and > they indicate > the consensus # as 22 cents. Either # is an > excellent comparison > to the 8 cents they earned in 2nd qtr 1999, however > the mkt (at > least short term) seems much more focused on beating > the whisper > nr than on the year to year comparisons. > > Tom Worley > stkguru@netside.net > chat with me at ICQ # 5568838 > get ICQ software at > http://www.icq.com/icqhomepage.html > > > ----- Original Message ----- > From: Anna Sosis > To: > Sent: Thursday, July 13, 2000 11:06 PM > Subject: Re: [CANSLIM] CMTN > > > Someone recently ( Tom, I think it was you :) posted > something about not buying before earnings > announcements. What do you think about CMTN? It is > announcing on Monday, however, it broke out today on > 200% vol. The EPS growth rate is in high triple > digits, momentum earnings growth, PE in line with > the > growth... I would like to pick it up tomorrow if it > follows through (it MAY bounce off 105, so I would > buy at 106 or so if the volume is there..) Any > thoughts? > > __________________________________________________ > Do You Yahoo!? > Get Yahoo! Mail - Free email you can access from > anywhere! > http://mail.yahoo.com/ > > - > > > > - > __________________________________________________ Do You Yahoo!? Get Yahoo! Mail – Free email you can access from anywhere! http://mail.yahoo.com/ - ------------------------------------------------------------------------------- From: Walter Stock Subject: Re: [CANSLIM] More breakouts Date: 14 Jul 2000 00:38:04 -0400 Market action over the last few days is very bullish, and has this jittery trader believing again (subject to immediate change -as usual). Stronger leaders seem to be prevailing. Excellent news on the sentiment front with the percentage of bulls falling to 49.5% according to IBD. Interesting though, that the percentage of bears fell as well. As Jeff Cooper at TradingMarkets notes though, we will have to be alert tomorrow, and see if this market has legs, or whether we start to slide into another wretched rotation into the cyclicals, or oils, or whatever else. Bought JNPR on the breakout today. Would have liked volume a little higher at 1.5xADV instead of 1.4xADV. If it doesn't follow through with volume tomorrow, it's history. Bought CMS (Canslim stock on the TSE, not CMS on the NYSE) five days ago on the breakout. Also long ELNT and NT. Walter Stock Oakville, ON, Canada Tim Fisher wrote: > Hmmm, kinda quiet for such a nice rally day today. Anyway FWIW CPN, NEWP, > TLGD and DRAM broke out of questionable bases today on good volume. TECD > looks poised to go. LTRE fell on its sword. Dunno why. VTSS is dying > aftermarket (not CANSLIM anyway) and AMCC finally is in the black again. > Whoohoo. I cashed out of the 1/2 positions that I was trying to put limit > orders on yesterday. Had to cut the stop orders in half to do that. Don't > like to do that - makes me feel naked. > > Whadda ya think Earl, next stop 4446? We've already closed over the 4148 > April Fool's dip. > > Tim Fisher > Ore-Rock-On and Pacific Fishery Biologists WWW Sites > > Tim@OreRockOn.com > WWW: http://OreRockOn.com > See naked fish and rocks! > > - - ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] CMTN Date: 14 Jul 2000 05:38:06 -0400 Hi Anna, That is basically what WON does with his EPS percentile rating, which is measuring the rate of growth of earnings (not the earnings per share themselves) against the universe of stocks. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html ----- Original Message ----- Sent: Friday, July 14, 2000 12:37 AM Thank you Tom. Your insight is wise, as always :)And you are right, I have miscalculated the volume. Ouch!!! Can't thank you enough! One trader at TradingMarkets.com who advocates a close to CANSLIM approach looks at projected EPS growth rate and compares it to PE ratio. In other words, if EPS the growth rate is 500% for the last two quaters PE of 130 is OK. However, if the growth rate is 10%, PE of 20 is entirely too high. Any comments on this approach? --- Tom Worley wrote: > Hi Anna, > > Not sure where you are getting your vol figures, > however DGO > shows vol of 2,028,900 which is not even close to > 1.5 X ADV of > 1,557,200. Thus, the nearly 9% move up today could > trap you in a > stock that could just as easily drop back to 90, > since the move > was without any base forming. At that point you > would be down > well over 10% and presumably stopped out. > > Trading at well over 100 times even projected > earnings, and > double that for trailing earnings, only exaggerates > the valuation > that has it also trading about 35 times mkt > cap/sales ratio. All > speak to an extremely high valuation. Buying without > any kind of > defensive downside base seems to me very risky. > > Unless a stock can handily beat not just its > forecasted earnings, > but the whisper nr as well, it is just as likely to > sell off on > any kind of earnings news as it is to hold the line, > or move > higher. For me that means the odds of a downside to > earnings news > is at least as great as for a breakeven or small > profit. If I am > not already in it with a profit padding, I won't go > in right in > advance of earnings. > > For what it's worth, the whisper # at > http://www.earningswhispers.com/ is 24 cents, and > they indicate > the consensus # as 22 cents. Either # is an > excellent comparison > to the 8 cents they earned in 2nd qtr 1999, however > the mkt (at > least short term) seems much more focused on beating > the whisper > nr than on the year to year comparisons. > > Tom Worley > stkguru@netside.net > chat with me at ICQ # 5568838 > get ICQ software at > http://www.icq.com/icqhomepage.html > > > ----- Original Message ----- > From: Anna Sosis > To: > Sent: Thursday, July 13, 2000 11:06 PM > Subject: Re: [CANSLIM] CMTN > > > Someone recently ( Tom, I think it was you :) posted > something about not buying before earnings > announcements. What do you think about CMTN? It is > announcing on Monday, however, it broke out today on > 200% vol. The EPS growth rate is in high triple > digits, momentum earnings growth, PE in line with > the > growth... I would like to pick it up tomorrow if it > follows through (it MAY bounce off 105, so I would > buy at 106 or so if the volume is there..) Any > thoughts? > > __________________________________________________ > Do You Yahoo!? > Get Yahoo! Mail - Free email you can access from > anywhere! > http://mail.yahoo.com/ > > - > > > > - > __________________________________________________ Do You Yahoo!? Get Yahoo! Mail - Free email you can access from anywhere! http://mail.yahoo.com/ - - ------------------------------------------------------------------------------- From: Tim Fisher Subject: [CANSLIM] ALTR b/o Date: 14 Jul 2000 08:01:30 -0700 Breaking out strong out of a pretty C&H, already way over ADV. News driven, earnings + a split; I like split announcements as they seem to drive price up at the announcement and then again immediately prior to the split. Discl: I'm in. Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - ------------------------------------------------------------------------------- From: Tim Fisher Subject: Re: [CANSLIM] More breakouts Date: 14 Jul 2000 08:48:18 -0700 Walter, when did you pick up ELNT? Were you bottom fishing or did you hold through that funnel? Anyway it is pushing the all time high right now on insane vol; think I'll pick some up & set a tight stop. On 09:38 PM 7/13/00, Walter Stock Said: >Market action over the last few days is very bullish, and has this >jittery trader believing again (subject to immediate change -as usual). > >Stronger leaders seem to be prevailing. Excellent news on the >sentiment front with the percentage of bulls falling to 49.5% >according to IBD. Interesting though, that the percentage of >bears fell as well. > >As Jeff Cooper at TradingMarkets notes though, we will have to >be alert tomorrow, and see if this market has legs, or whether we >start to slide into another wretched rotation into the cyclicals, or >oils, or whatever else. > >Bought JNPR on the breakout today. Would have liked volume >a little higher at 1.5xADV instead of 1.4xADV. If it doesn't >follow through with volume tomorrow, it's history. > >Bought CMS (Canslim stock on the TSE, not CMS on the NYSE) >five days ago on the breakout. > >Also long ELNT and NT. > >Walter Stock >Oakville, ON, Canada > > >Tim Fisher wrote: > > > Hmmm, kinda quiet for such a nice rally day today. Anyway FWIW CPN, NEWP, > > TLGD and DRAM broke out of questionable bases today on good volume. TECD > > looks poised to go. LTRE fell on its sword. Dunno why. VTSS is dying > > aftermarket (not CANSLIM anyway) and AMCC finally is in the black again. > > Whoohoo. I cashed out of the 1/2 positions that I was trying to put limit > > orders on yesterday. Had to cut the stop orders in half to do that. Don't > > like to do that - makes me feel naked. > > > > Whadda ya think Earl, next stop 4446? We've already closed over the 4148 > > April Fool's dip. > > > > Tim Fisher > > Ore-Rock-On and Pacific Fishery Biologists WWW Sites > > > > Tim@OreRockOn.com > > WWW: http://OreRockOn.com > > See naked fish and rocks! > > > > - > > >- Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - ------------------------------------------------------------------------------- From: han.26@osu.edu Subject: Re: [CANSLIM] still not convinced Date: 14 Jul 2000 12:07:50 -0700 I'm now [as of Thursday] 100% cash except for mutual funds (which I won't sell until retirement anyway). I realize according to strict CANSLIM, that the M is doing well, but I don't think it is sustainable for much more than a month. There has to be enough money around to buy stocks to push prices up, and I think the NAZ is still overvalued. The economy is only recently beginning to feel the effects of the 6 Fed hikes which will eventually bite into corporate profits (especially companies with significant debt). Personal consumer debt levels are also still high. Who is going to keep buying stocks when the money "runs out?" -Jim-- - ------------------------------------------------------------------------------- From: Dan Forant Subject: [CANSLIM] Moving Averages Date: 14 Jul 2000 12:56:30 -0400 For a 1 year chart, which is the best moving average to use, 50 or 200? Dan - ------------------------------------------------------------------------------- From: Rocky Sanghvi Subject: RE: [CANSLIM] still not convinced Date: 14 Jul 2000 12:54:47 -0400 Jim: I think that is a good strategy to follow if you're not convinced about the M. Thats why I try to keep a very close eye on distribution days.... Typically the M will always signal a downturn if you're watching....(sometimes well in advance. brokerage stocks may turn down prior to the M). To each his WON...I mean OWN. ;) Rakesh -----Original Message----- Sent: Friday, July 14, 2000 3:08 PM I'm now [as of Thursday] 100% cash except for mutual funds (which I won't sell until retirement anyway). I realize according to strict CANSLIM, that the M is doing well, but I don't think it is sustainable for much more than a month. There has to be enough money around to buy stocks to push prices up, and I think the NAZ is still overvalued. The economy is only recently beginning to feel the effects of the 6 Fed hikes which will eventually bite into corporate profits (especially companies with significant debt). Personal consumer debt levels are also still high. Who is going to keep buying stocks when the money "runs out?" -Jim-- - - ------------------------------------------------------------------------------- From: Tim Fisher Subject: RE: [CANSLIM] still not convinced Date: 14 Jul 2000 10:40:32 -0700 But we CANSLIMers are buying companies with little to no debt. And they are reporting over the next few weeks. Already we've seen several breakouts on techs that beat earnings forecasts and even whisper numbers. This trend will probably continue for the next few weeks. After that, who knows? Better to be on board for now and get out with some profits later than sit the whole thing out making a lousy 5% in money market funds. The NAZ has cleared some significant resistance and the path is clear to the 4400s. Stop trying to guess where M may be going. It often proves you wrong. The markets are not rational, they do not react to profits that may come down in 6 months, but rather react on today's news, which is overwhelmingly positive for tech stocks. I wouldn't be surprised to see the NAZ way overextend itself again (i.e. make new highs) before correcting once more. On 09:54 AM 7/14/00, Rocky Sanghvi Said: >Jim: > >I think that is a good strategy to follow if you're not convinced about the >M. Thats why I try to keep a very close eye on distribution days.... >Typically the M will always signal a downturn if you're >watching....(sometimes well in advance. brokerage stocks may turn down >prior to the M). > >To each his WON...I mean OWN. ;) > >Rakesh > > > >-----Original Message----- >From: han.26@osu.edu [mailto:han.26@osu.edu] >Sent: Friday, July 14, 2000 3:08 PM >To: canslim@lists.xmission.com >Subject: Re: [CANSLIM] still not convinced > > >I'm now [as of Thursday] 100% cash except for mutual funds >(which I won't sell until retirement anyway). I realize according >to strict CANSLIM, that the M is doing well, but I don't think it >is sustainable for much more than a month. There has to be enough >money around to buy stocks to push prices up, and I think the NAZ >is still overvalued. The economy is only recently beginning to feel the >effects of the 6 Fed hikes which will eventually bite into corporate >profits (especially companies with significant debt). Personal >consumer debt levels are also still high. Who is going to keep >buying stocks when the money "runs out?" > >-Jim-- Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - ------------------------------------------------------------------------------- From: Pritish Shah Subject: Re: [CANSLIM] Moving Averages Date: 14 Jul 2000 11:50:55 -0700 (PDT) Depends on what you want to do. If you want to see whether a small stock has strong institutional support, then 50dma is best. If you want to see whether a large stock has strong institutional support, then 50dma is good for uptrending stocks and 200dma is good for consolidating stocks. If you want to see there is strong institutional support for momentum driven stock, then try 9dma, 20dma and 30dma. Disc: This is my opinion and I could be wrong. This info provided as is. Please do not sue me :) Regards, Shah 408-525-4263 On Fri, 14 Jul 2000, Dan Forant wrote: > For a 1 year chart, which is the best moving average to use, 50 or 200? > > Dan > > - > > - ------------------------------------------------------------------------------- From: Tim Fisher Subject: Re: [CANSLIM] Moving Averages Date: 14 Jul 2000 13:49:27 -0700 Megacap breakout today on INTC, on so-so volume but it's hard for these big boys to make 150% ADV. Nice C&H to boot. Last time it broke from a C&H it made 40% before correcting. On 11:50 AM 7/14/00, Pritish Shah Said: >Depends on what you want to do. > >If you want to see whether a small stock has strong institutional support, >then 50dma is best. > >If you want to see whether a large stock has strong institutional support, >then 50dma is good for uptrending stocks and 200dma is good for >consolidating stocks. > >If you want to see there is strong institutional support for momentum >driven stock, then try 9dma, 20dma and 30dma. > >Disc: This is my opinion and I could be wrong. This info provided as >is. Please do not sue me :) > > >Regards, >Shah >408-525-4263 > > >On Fri, 14 Jul 2000, Dan Forant wrote: > > > For a 1 year chart, which is the best moving average to use, 50 or 200? > > > > Dan > > > > - > > > > > > >- Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - ------------------------------------------------------------------------------- From: Rocky Sanghvi Subject: RE: [CANSLIM] Elec - Semiconductor Equipment Group Date: 14 Jul 2000 20:18:38 -0400 Any thoughts on why this group (Elec - Semiconductor Eq. is now 39 last week was 31 and was #1 3 months ago?) is dropping whereas the Elec - Semiconductor Mfg. group remains strong? Is this signalling a future downturn in the Semiconductor sector? -----Original Message----- Sent: 7/14/00 4:49 PM Megacap breakout today on INTC, on so-so volume but it's hard for these big boys to make 150% ADV. Nice C&H to boot. Last time it broke from a C&H it made 40% before correcting. On 11:50 AM 7/14/00, Pritish Shah Said: >Depends on what you want to do. > >If you want to see whether a small stock has strong institutional support, >then 50dma is best. > >If you want to see whether a large stock has strong institutional support, >then 50dma is good for uptrending stocks and 200dma is good for >consolidating stocks. > >If you want to see there is strong institutional support for momentum >driven stock, then try 9dma, 20dma and 30dma. > >Disc: This is my opinion and I could be wrong. This info provided as >is. Please do not sue me :) > > >Regards, >Shah >408-525-4263 > > >On Fri, 14 Jul 2000, Dan Forant wrote: > > > For a 1 year chart, which is the best moving average to use, 50 or 200? > > > > Dan > > > > - > > > > > > >- Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - - ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] still not convinced Date: 14 Jul 2000 21:23:32 -0400 Jim, Bear in mind that the real (volume) buying comes from money managers, esp mutual funds and pension funds. And many of those are driven by people like us that are sending in more money every week, or two weeks, or monthly, to be invested via our 401K or other tax sheltered plan. Those managers can sit on the sidelines and hoard cash for only so long, esp in a rising market, before they must plow that money in somewhere. And it just keeps flowing into their coffers to be invested somewhere, so they never run out of some cash. Relatively few investors via tax sheltered plans attempt to time the market, even if its allowed. Some may divert new contributions briefly to money markets instead of immediately investing, but the intent remains to eventually pump that money into the market. Some may even sell some of the invested dollars and put it into a MM, but still the intent remains to eventually put it back into the market. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html ----- Original Message ----- Sent: Friday, July 14, 2000 3:07 PM I'm now [as of Thursday] 100% cash except for mutual funds (which I won't sell until retirement anyway). I realize according to strict CANSLIM, that the M is doing well, but I don't think it is sustainable for much more than a month. There has to be enough money around to buy stocks to push prices up, and I think the NAZ is still overvalued. The economy is only recently beginning to feel the effects of the 6 Fed hikes which will eventually bite into corporate profits (especially companies with significant debt). Personal consumer debt levels are also still high. Who is going to keep buying stocks when the money "runs out?" -Jim-- - - ------------------------------------------------------------------------------- From: "Tom Worley" Subject: [CANSLIM] DGO List - Part one Date: 15 Jul 2000 08:33:47 -0400 Not surprising, considering the Nasdaq b/o from a nicely formed base, the overall list this week grew to 176 companies. Compares nicely to last week's list of 153, and the weeks before with 164 and 158. The list is those stocks in WON's Daily Graphs books which during the prior week were within (or at) a new high and also have as of Friday an RS and EPS of 80 or better. My review of chart patterns is strictly my own opinion. As always, Bx means a Base of "x" weeks, IMO. ADCT - may be rolling over, but look at the bases that formed at 50 and 60 CHP - three week consolidation of recent major gains, could stall out here for some time CDWC - B3 PLXS - shaky B2 KSU - interesting fundies, 93/99/A/A/A/C, PE of 2, projected earnings nearly equal price of the stock, stealth b/o Thu and Fri on below ADV, low priced, both revenues and earnings growing strongly, what's wrong with this picture? --- Ah, I get it, spinning off a unit, then doing a reverse split of what's left, forget it, it will be a pure railroad PHCC - B4 JBL - nice consolidation of a 20% gain, so far at least FII - breaking its LLUR pattern HC - LLUR EMC - mini-cup forming? TWP - B4, volume drying up nicely HOTT - potential handle to the cup failing to form CVG - B1+ GLW - trading range or B4/5 breakout? RHI - volume picking up on a B12 PAYX - B4 LFUS - base on base, broke the bottom of the latest base on Friday, but recovered to the base on less than ADV TGH - B2 NAT - RS only 80, nice tight B5, boring company WDRB - B5 Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html - ------------------------------------------------------------------------------- From: owner-canslim@xmission.com (Jeff Salisbury) Subject: [CANSLIM] Changing your canslim subscription Date: 15 Jul 2000 08:00:01 -0600 This is a twice monthly posting to the CANLSLIM group. Frequently, people sign up for the canslim list and then are overwhelmed by the volume of the email. There are three remedies for this problem: 1) You can leave our group. 2) you can switch to the digest version which "conglomerates" many canslim messages into one large message. Or, 3) You can setup customized filters on your own mail client to sort the incoming canslim messages to its own folder. If you wish to modify your canslim subscription, email a message to: majordomo@xmission.com The remove yourself from the canslim list, write in the body of the email: unsubscribe canslim To add yourself to the digest version of the canslim list, write in the body of the email: subscribe canslim-digest For general help with majordomo commands, write in the body of the email: help If you need further clarification, write me directly at: canslim-owner@lists.xmission.com Best Regards, Jeff Salisbury - CANSLIM list admin / owner - ------------------------------------------------------------------------------- From: Dan Forant Subject: [CANSLIM] After hours trading Date: 15 Jul 2000 12:41:41 -0400 Non can slim subject but I figured someone would know. I have FLEX and it closed after hours at 80, Friday. At 21:30 it jumped to 83 13/16 with a 2000 share purchase. Is this Instinet? CanSlim, in the book it says a handle can take days or weeks to form, what would be the criteria for days, the severety of the drop? And how many days would be acceptable? Dan - ------------------------------------------------------------------------------- From: "Tom Worley" Subject: [CANSLIM] DGO Part Two Date: 15 Jul 2000 12:58:35 -0400 PENN - B5, vol drying up AH - B4, vol drying up MBSI - B5, low priced small cap FISV - B6+ TEVA - B5 ACDO - b/o failed, back to a B3+ MGG - B9, good growth HRH - B4+ Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html - ------------------------------------------------------------------------------- From: Kent Norman Subject: [CANSLIM] DGO List EARNINGS CALENDAR Date: 15 Jul 2000 13:46:50 -0500 And here is the earnings calendar EARNINGS CALENDAR ADCT 8/17 CDWC 7/18 CHP 8/25 CVG 7/20 EMC 7/19 FII 7/19 GLW 7/24 HC 7/28 HOTT 8/15 JBL 9/14 KSU 8/2 LFUS 7/20 NAT n/a PAYX 9/15 PHCC 7/20 PLXS 7/14 RHI 7/18 TGH 8/3 TWP 8/8 WDRB n/a Kent ===== Tom Worley wrote: > > Not surprising, considering the Nasdaq b/o from a nicely formed > base, the overall list this week grew to 176 companies. Compares > nicely to last week's list of 153, and the weeks before with 164 > and 158. > > The list is those stocks in WON's Daily Graphs books which during > the prior week were within (or at) a new high and also have as of > Friday an RS and EPS of 80 or better. My review of chart patterns > is strictly my own opinion. > > As always, Bx means a Base of "x" weeks, IMO. > > ADCT - may be rolling over, but look at the bases that formed at > 50 and 60 > CHP - three week consolidation of recent major gains, could stall > out here for some time > CDWC - B3 > PLXS - shaky B2 > KSU - interesting fundies, 93/99/A/A/A/C, PE of 2, projected > earnings nearly equal price of the stock, stealth b/o Thu and Fri > on below ADV, low priced, both revenues and earnings growing > strongly, what's wrong with this picture? --- Ah, I get it, > spinning off a unit, then doing a reverse split of what's left, > forget it, it will be a pure railroad > PHCC - B4 > JBL - nice consolidation of a 20% gain, so far at least > FII - breaking its LLUR pattern > HC - LLUR > EMC - mini-cup forming? > TWP - B4, volume drying up nicely > HOTT - potential handle to the cup failing to form > CVG - B1+ > GLW - trading range or B4/5 breakout? > RHI - volume picking up on a B12 > PAYX - B4 > LFUS - base on base, broke the bottom of the latest base on > Friday, but recovered to the base on less than ADV > TGH - B2 > NAT - RS only 80, nice tight B5, boring company > WDRB - B5 > > Tom Worley > stkguru@netside.net > chat with me at ICQ # 5568838 > get ICQ software at http://www.icq.com/icqhomepage.html > > - - ------------------------------------------------------------------------------- From: Kent Norman Subject: [CANSLIM] DGO Part Two Earnings Calendar Date: 15 Jul 2000 13:51:35 -0500 ACDO 8/18 AH 8/4 FISV 7/19 HRH 7/26 MBSI 8/8 MGG 7/20 PENN 7/27 TEVA 7/28 Tom Worley wrote: > > PENN - B5, vol drying up > AH - B4, vol drying up > MBSI - B5, low priced small cap > FISV - B6+ > TEVA - B5 > ACDO - b/o failed, back to a B3+ > MGG - B9, good growth > HRH - B4+ > > Tom Worley > stkguru@netside.net > chat with me at ICQ # 5568838 > get ICQ software at http://www.icq.com/icqhomepage.html > > - - ------------------------------------------------------------------------------- From: "Tim Fisher" Subject: Re: [CANSLIM] still not convinced Date: 15 Jul 2000 12:28:13 -0700 From Ian Woodward's site: The Nasdaq broke above 4100 with gusto. Note the increasing volume coming out of the cup and handle formation as the Nasdaq shot higher using Yahoo's earnings surprise as the catalyst. I expect the Nasdaq to pause in the 4400 to 4500 area, the old support area back in March before the Nasdaq collapse, plus it also represents a 2/3 Fibonacci retracement from the lows. The good news is the broadening of the market, and if some of the other broken down groups are rotated into, the Nasdaq will continue to gain strength. At 09:23 PM 7/14/00 -0400, you wrote: >Jim, > >Bear in mind that the real (volume) buying comes from money >managers, esp mutual funds and pension funds. And many of those >are driven by people like us that are sending in more money every >week, or two weeks, or monthly, to be invested via our 401K or >other tax sheltered plan. Those managers can sit on the sidelines >and hoard cash for only so long, esp in a rising market, before >they must plow that money in somewhere. And it just keeps flowing >into their coffers to be invested somewhere, so they never run >out of some cash. > >Relatively few investors via tax sheltered plans attempt to time >the market, even if its allowed. Some may divert new >contributions briefly to money markets instead of immediately >investing, but the intent remains to eventually pump that money >into the market. Some may even sell some of the invested dollars >and put it into a MM, but still the intent remains to eventually >put it back into the market. > >Tom Worley >stkguru@netside.net >chat with me at ICQ # 5568838 >get ICQ software at http://www.icq.com/icqhomepage.html Tim Fisher, 1995 President, Pacific Fishery Biologists Ore-ROCK-On Rockhounding Web Site PFB Information mailto:tim@OreRockOn.com WWW http://OreRockOn.com - ------------------------------------------------------------------------------- From: Earl Setser Subject: [CANSLIM] Mime-Version: 1.0 Date: 12 Jul 2000 17:15:28 -0600 Yes, I agree that BVF is setting up well. It's certainly been one that I've been watching closely, and a handle at this level would be perfect. However, I'm fully invested, so I'm not sure if I have something to "trade in". Hello all! I was reading IBD today and saw BVF in the "Where The Big Money's Flowing" section of the NYSE. It has an EPS rating of 96, a RS rating of 92, a group strength rating of A, a SMR rating of A, and Acc/Dis rating of A. I checked out the number of shares outstanding, 64.7 million. Marketguide.com reports 35.76% institutional ownership. I think the debt is a bit high, I'm not sure though, I'll have to double check on that. With the exception of the number of outstanding shares being a little bit on the high side, this looks pretty good from a fundamental standpoint. On the technical side, it seems as though it's going to form a handle over the next few days. Thus we should see the volume taper off. The pivot point on this would be $68.00, assuming the handle doesn't decline beyond the half point of the base ($54 7/8). What do you guys think? __________________________________________________ Do You Yahoo!? Get Yahoo! Mail =96 Free email you can access from anywhere! http://mail.yahoo.com/ - ------------------------------------------------------------------------------- From: Pritish Shah Subject: Re: [CANSLIM] Re: [CANSLIMNUHC Date: 12 Jul 2000 16:58:47 -0700 (PDT) Send an email to majordomo@lists.xmission.com with the following in the body unsubscribe Regards, Shah 408-525-4263 On Wed, 12 Jul 2000, Dale Pelzer wrote: > i'm moving and need to temporarily shut off my canslim messages. how do i > do that? > > thanks, dale > > At 03:28 PM 7/12/00 -0700, you wrote: > > >Profit taking. They released a statement today and people are taking > >profit. This drop today can be viewed as a short term cup/handle. > > > >I would get worried if they drop below $25 (last breakout) > > > > > >Regards, > >Shah > >408-525-4263 > > > > > >On Wed, 12 Jul 2000 asosis@ca.ibm.com wrote: > > > > > > > > > > > Can anyone comment on action of NUHC? from 10% above pivot to 6% below? > > > > > > Anna Sosis > > > > > > > > > > > > - > > > > > > > > > > > >- > > > - > > - ------------------------------------------------------------------------------- From: Dale Pelzer Subject: Re: [CANSLIM] BVF, a handle starting to form? Date: 12 Jul 2000 17:05:29 -0800 never mind got it off the site. see ya in six weeks, dale - ------------------------------------------------------------------------------- From: Kraus0R@cs.com Subject: [CANSLIM] CAMP Revisisted Date: 15 Jul 2000 21:15:34 EDT What do you folks make of the CAMP situation. Had a cup, which it broke out of with almost no handle at $50. Had ramped up nicely until some earnings and CFO rumors came out, sending the stock down to 42. CAMP has now issued a release stating that they are comfortable w/ q2 earnings and that the CFO is not resigning. We are now $8 below the original pivot. (Actually it may be less than $8 due to aftermarket trading). Is this still a good buy technically ? Or did the rumor nonsense do technical damage ? Roger - ------------------------------------------------------------------------------- From: Earl Setser Subject: Re: [CANSLIM] More breakouts Date: 15 Jul 2000 21:39:14 -0600 Not sure what to say here. I've been out of pretty much out of touch since about the close on Thursday. I did check in with my cell phone on Friday and found that WAT had dipped to my stop. Everything else looks pretty good from a quick take. As far as the Nasdaq, I'm still on board based on the FT day in late May ( I think). The recent action of good volume on up days is VERY encouraging, so I hopeful for more good action. However, I don't really watch the indexes too much for support, resistance, etc. I try to concentrate on FT days and distribution days mostly. >Hmmm, kinda quiet for such a nice rally day today. Anyway FWIW CPN, NEWP, >TLGD and DRAM broke out of questionable bases today on good volume. TECD >looks poised to go. LTRE fell on its sword. Dunno why. VTSS is dying >aftermarket (not CANSLIM anyway) and AMCC finally is in the black again. >Whoohoo. I cashed out of the 1/2 positions that I was trying to put limit >orders on yesterday. Had to cut the stop orders in half to do that. Don't >like to do that - makes me feel naked. >Whadda ya think Earl, next stop 4446? We've already closed over the 4148 >April Fool's dip. Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - ------------------------------------------------------------------------------- From: Walter Stock Subject: Re: [CANSLIM] More breakouts - Tim Date: 16 Jul 2000 10:21:58 -0400 Hi Tim, I had bought ELNT for my trading account and also for my retirement account back on June 6 at 50 1/4. I sold it at a small profit from my trading account during the shakeout last week. Held on to it in my retirement account throughout the decline and bounceback though. Currently long: ELNT, NT, CMS(TSE not NYSE), JNPR, CSCO, SAPE. Walter Stock Oakville, ON, Canada Tim Fisher wrote: > Walter, when did you pick up ELNT? Were you bottom fishing or did you hold > through that funnel? Anyway it is pushing the all time high right now on > insane vol; think I'll pick some up & set a tight stop. > > On 09:38 PM 7/13/00, Walter Stock Said: > >Market action over the last few days is very bullish, and has this > >jittery trader believing again (subject to immediate change -as usual). > > > >Stronger leaders seem to be prevailing. Excellent news on the > >sentiment front with the percentage of bulls falling to 49.5% > >according to IBD. Interesting though, that the percentage of > >bears fell as well. > > > >As Jeff Cooper at TradingMarkets notes though, we will have to > >be alert tomorrow, and see if this market has legs, or whether we > >start to slide into another wretched rotation into the cyclicals, or > >oils, or whatever else. > > > >Bought JNPR on the breakout today. Would have liked volume > >a little higher at 1.5xADV instead of 1.4xADV. If it doesn't > >follow through with volume tomorrow, it's history. > > > >Bought CMS (Canslim stock on the TSE, not CMS on the NYSE) > >five days ago on the breakout. > > > >Also long ELNT and NT. > > > >Walter Stock > >Oakville, ON, Canada > > > > > >Tim Fisher wrote: > > > > > Hmmm, kinda quiet for such a nice rally day today. Anyway FWIW CPN, NEWP, > > > TLGD and DRAM broke out of questionable bases today on good volume. TECD > > > looks poised to go. LTRE fell on its sword. Dunno why. VTSS is dying > > > aftermarket (not CANSLIM anyway) and AMCC finally is in the black again. > > > Whoohoo. I cashed out of the 1/2 positions that I was trying to put limit > > > orders on yesterday. Had to cut the stop orders in half to do that. Don't > > > like to do that - makes me feel naked. > > > > > > Whadda ya think Earl, next stop 4446? We've already closed over the 4148 > > > April Fool's dip. > > > > > > Tim Fisher > > > Ore-Rock-On and Pacific Fishery Biologists WWW Sites > > > > > > Tim@OreRockOn.com > > > WWW: http://OreRockOn.com > > > See naked fish and rocks! > > > > > > - > > > > > >- > > Tim Fisher > Ore-Rock-On and Pacific Fishery Biologists WWW Sites > > Tim@OreRockOn.com > WWW: http://OreRockOn.com > See naked fish and rocks! > > - - ------------------------------------------------------------------------------- From: Rocky Sanghvi Subject: RE: [CANSLIM] DGO List - Part one Date: 16 Jul 2000 12:50:06 -0400 Not sure if anyone picked up on this but Friday's edition of IBD analysed the computer software/security group. Interestingly enough they chose to put PKI as the last of the 4 stocks analysed (RNBO, SEBL, CHKP). PKI doesnt belong in that sector. Is IBD trying to tell something? Rakesh -----Original Message----- Sent: 7/15/00 8:33 AM Not surprising, considering the Nasdaq b/o from a nicely formed base, the overall list this week grew to 176 companies. Compares nicely to last week's list of 153, and the weeks before with 164 and 158. The list is those stocks in WON's Daily Graphs books which during the prior week were within (or at) a new high and also have as of Friday an RS and EPS of 80 or better. My review of chart patterns is strictly my own opinion. As always, Bx means a Base of "x" weeks, IMO. ADCT - may be rolling over, but look at the bases that formed at 50 and 60 CHP - three week consolidation of recent major gains, could stall out here for some time CDWC - B3 PLXS - shaky B2 KSU - interesting fundies, 93/99/A/A/A/C, PE of 2, projected earnings nearly equal price of the stock, stealth b/o Thu and Fri on below ADV, low priced, both revenues and earnings growing strongly, what's wrong with this picture? --- Ah, I get it, spinning off a unit, then doing a reverse split of what's left, forget it, it will be a pure railroad PHCC - B4 JBL - nice consolidation of a 20% gain, so far at least FII - breaking its LLUR pattern HC - LLUR EMC - mini-cup forming? TWP - B4, volume drying up nicely HOTT - potential handle to the cup failing to form CVG - B1+ GLW - trading range or B4/5 breakout? RHI - volume picking up on a B12 PAYX - B4 LFUS - base on base, broke the bottom of the latest base on Friday, but recovered to the base on less than ADV TGH - B2 NAT - RS only 80, nice tight B5, boring company WDRB - B5 Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html - - ------------------------------------------------------------------------------- From: Rocky Sanghvi Subject: RE: [CANSLIM] CAMP Revisisted Date: 16 Jul 2000 13:00:45 -0400 Where there is smoke there usually is a fire.... I would suggest caution but CAMP still carries a AAB rating. May present a good buying opportunity if you're a beleiver. Rakesh -----Original Message----- Sent: 7/15/00 9:15 PM What do you folks make of the CAMP situation. Had a cup, which it broke out of with almost no handle at $50. Had ramped up nicely until some earnings and CFO rumors came out, sending the stock down to 42. CAMP has now issued a release stating that they are comfortable w/ q2 earnings and that the CFO is not resigning. We are now $8 below the original pivot. (Actually it may be less than $8 due to aftermarket trading). Is this still a good buy technically ? Or did the rumor nonsense do technical damage ? Roger - - ------------------------------------------------------------------------------- From: Rocky Sanghvi Subject: RE: [CANSLIM] Elec - Semiconductor Equipment Group Date: 16 Jul 2000 13:29:10 -0400 Any thoughts on why this group (Elec - Semiconductor Eq. is now 39 last week was 31 and was #1 3 months ago?) is dropping whereas the Elec - Semiconductor Mfg. group remains strong? Is this signalling a future downturn in the Semiconductor sector? Rakesh -----Original Message----- Sent: 7/14/00 8:18 PM Any thoughts on why this group (Elec - Semiconductor Eq. is now 39 last week was 31 and was #1 3 months ago?) is dropping whereas the Elec - Semiconductor Mfg. group remains strong? Is this signalling a future downturn in the Semiconductor sector? -----Original Message----- Sent: 7/14/00 4:49 PM Megacap breakout today on INTC, on so-so volume but it's hard for these big boys to make 150% ADV. Nice C&H to boot. Last time it broke from a C&H it made 40% before correcting. On 11:50 AM 7/14/00, Pritish Shah Said: >Depends on what you want to do. > >If you want to see whether a small stock has strong institutional support, >then 50dma is best. > >If you want to see whether a large stock has strong institutional support, >then 50dma is good for uptrending stocks and 200dma is good for >consolidating stocks. > >If you want to see there is strong institutional support for momentum >driven stock, then try 9dma, 20dma and 30dma. > >Disc: This is my opinion and I could be wrong. This info provided as >is. Please do not sue me :) > > >Regards, >Shah >408-525-4263 > > >On Fri, 14 Jul 2000, Dan Forant wrote: > > > For a 1 year chart, which is the best moving average to use, 50 or 200? > > > > Dan > > > > - > > > > > > >- Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - - ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] Elec - Semiconductor Equipment Group Date: 16 Jul 2000 14:41:13 -0400 I think the simple answer is that the wave of adding capacity at the chip manufacturing level has passed, so new orders, and order backlog, for production equipment is diminishing. The semi industry seems to go thru cycles where excess demand and excess capacity change places. With recently added capacity, excess demand is no longer dominant. Whether present capacity, or new capacity soon to come on line, is sufficient to meet or exceed future demand remains to be seen, however. Maybe this time they got it right. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html ----- Original Message ----- Sent: Sunday, July 16, 2000 1:29 PM Any thoughts on why this group (Elec - Semiconductor Eq. is now 39 last week was 31 and was #1 3 months ago?) is dropping whereas the Elec - Semiconductor Mfg. group remains strong? Is this signalling a future downturn in the Semiconductor sector? Rakesh - ------------------------------------------------------------------------------- From: han.26@osu.edu Subject: [CANSLIM] Re: who does the buying Date: 16 Jul 2000 14:58:22 -0700 Tom wrote >>Bear in mind that the real (volume) buying comes from money >>managers, esp mutual funds and pension funds. And many of those >>are driven by people like us that are sending in more money every >>week, or two weeks, or monthly... Good points. Do you have any idea what percentage of overall M investments are done on such an auto-invest system or how to get such data? -Jim-- - ------------------------------------------------------------------------------- From: BIKEAR@aol.com Subject: Re: [CANSLIM] stops-brokers Date: 16 Jul 2000 19:20:59 EDT I know that I have asked this before but what is a online broker who has Nasdaq stops and a page to see your gains and losses...thanks janis - ------------------------------------------------------------------------------- From: Rocky Sanghvi Subject: RE: [CANSLIM] IVIS Date: 17 Jul 2000 09:51:16 -0400 IVIS on the move with heavier than usual volume.... Rakesh -----Original Message----- Sent: Sunday, July 16, 2000 1:29 PM Any thoughts on why this group (Elec - Semiconductor Eq. is now 39 last week was 31 and was #1 3 months ago?) is dropping whereas the Elec - Semiconductor Mfg. group remains strong? Is this signalling a future downturn in the Semiconductor sector? Rakesh -----Original Message----- Sent: 7/14/00 8:18 PM Any thoughts on why this group (Elec - Semiconductor Eq. is now 39 last week was 31 and was #1 3 months ago?) is dropping whereas the Elec - Semiconductor Mfg. group remains strong? Is this signalling a future downturn in the Semiconductor sector? -----Original Message----- Sent: 7/14/00 4:49 PM Megacap breakout today on INTC, on so-so volume but it's hard for these big boys to make 150% ADV. Nice C&H to boot. Last time it broke from a C&H it made 40% before correcting. On 11:50 AM 7/14/00, Pritish Shah Said: >Depends on what you want to do. > >If you want to see whether a small stock has strong institutional support, >then 50dma is best. > >If you want to see whether a large stock has strong institutional support, >then 50dma is good for uptrending stocks and 200dma is good for >consolidating stocks. > >If you want to see there is strong institutional support for momentum >driven stock, then try 9dma, 20dma and 30dma. > >Disc: This is my opinion and I could be wrong. This info provided as >is. Please do not sue me :) > > >Regards, >Shah >408-525-4263 > > >On Fri, 14 Jul 2000, Dan Forant wrote: > > > For a 1 year chart, which is the best moving average to use, 50 or 200? > > > > Dan > > > > - > > > > > > >- Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - - ------------------------------------------------------------------------------- From: Tom Gumpel Subject: RE: [CANSLIM] IVIS Date: 17 Jul 2000 17:51:57 +0200 GOOD CALL! yes, but will it pass resistance at 43? I put my pivot at 45.15 (5% over resistance). tom At 09:51 AM 17/7/00 -0400, Rocky Sanghvi wrote: >IVIS on the move with heavier than usual volume.... > >Rakesh > > =-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-= Tom Gumpel Department of Special Education 972-2-588-2165 School of Education Fax: 972-2-588-2045 The Hebrew University of Jerusalem in US: 877-258-9406 Jerusalem, ISRAEL 91905 http://pluto.mscc.huji.ac.il/~msgumpel/main.htm VISUALIZE WHIRLED PEAS! - ------------------------------------------------------------------------------- From: Tom Gumpel Subject: RE: [CANSLIM] IVIS Date: 17 Jul 2000 17:51:57 +0200 GOOD CALL! yes, but will it pass resistance at 43? I put my pivot at 45.15 (5% over resistance). tom At 09:51 AM 17/7/00 -0400, Rocky Sanghvi wrote: >IVIS on the move with heavier than usual volume.... > >Rakesh > > =-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-= Tom Gumpel Department of Special Education 972-2-588-2165 School of Education Fax: 972-2-588-2045 The Hebrew University of Jerusalem in US: 877-258-9406 Jerusalem, ISRAEL 91905 http://pluto.mscc.huji.ac.il/~msgumpel/main.htm VISUALIZE WHIRLED PEAS! - ------------------------------------------------------------------------------- From: Tom Gumpel Subject: [CANSLIM] aclnf Date: 17 Jul 2000 17:54:21 +0200 b/o on heavy volume, perfect canslim profile, although not cwh, but good base. strong gap up today I missed my pivot of 32, but still hopeful =-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-= Tom Gumpel Department of Special Education 972-2-588-2165 School of Education Fax: 972-2-588-2045 The Hebrew University of Jerusalem in US: 877-258-9406 Jerusalem, ISRAEL 91905 http://pluto.mscc.huji.ac.il/~msgumpel/main.htm VISUALIZE WHIRLED PEAS! - ------------------------------------------------------------------------------- From: Ravi Raman Subject: [CANSLIM] RMBS Date: 17 Jul 2000 08:11:08 -0700 Anyone notice Rambus? It seems to have formed a nice cup and handle. -Ravi - ------------------------------------------------------------------------------- From: Rocky Sanghvi Subject: RE: [CANSLIM] RMBS Date: 17 Jul 2000 11:11:20 -0400 Yeah and it shows up on IBD's new list of top 10 leaders. Personally I think its way OVERVALUED, but thats beside the point.... Rakesh -----Original Message----- Sent: Monday, July 17, 2000 11:11 AM Anyone notice Rambus? It seems to have formed a nice cup and handle. -Ravi - - ------------------------------------------------------------------------------- From: Tim Fisher Subject: RE: [CANSLIM] RMBS Date: 17 Jul 2000 08:21:50 -0700 Not to mention the cup was from 110 or so to the high 30s. Doesn't qualify as a cup per WON... On 08:11 AM 7/17/00, Rocky Sanghvi Said: >Yeah and it shows up on IBD's new list of top 10 leaders. Personally I >think its way OVERVALUED, but thats beside the point.... > >Rakesh > > > >-----Original Message----- >From: Ravi Raman [mailto:t-ravir@microsoft.com] >Sent: Monday, July 17, 2000 11:11 AM >To: 'canslim@lists.xmission.com' >Subject: [CANSLIM] RMBS > > >Anyone notice Rambus? It seems to have formed a nice cup and handle. > >-Ravi > > >- > >- Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - ------------------------------------------------------------------------------- From: Tim Fisher Subject: Re: [CANSLIM] aclnf Date: 17 Jul 2000 08:27:11 -0700 I agree, just showed up on my HGS list this weekend. Nice b/o, but it opened at 37. What's that, the MM saw a bunch of buy orders at the open? Also, they ship cars. Boring! GRS is 87 according to HGS, must be a hot group. Better than semi equip mfgrs anyway ;) Anyway, the 1-yr chart looks like an LLUR to me. On 08:54 AM 7/17/00, Tom Gumpel Said: >b/o on heavy volume, perfect canslim profile, although not cwh, but good base. >strong gap up today > >I missed my pivot of 32, but still hopeful >=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-= >Tom Gumpel >Department of Special Education 972-2-588-2165 >School of Education Fax: 972-2-588-2045 >The Hebrew University of Jerusalem in US: 877-258-9406 >Jerusalem, ISRAEL 91905 >http://pluto.mscc.huji.ac.il/~msgumpel/main.htm >VISUALIZE WHIRLED PEAS! > > >- Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - ------------------------------------------------------------------------------- From: Tim Fisher Subject: [CANSLIM] HGS watch list Date: 17 Jul 2000 09:00:15 -0700 HGS list for this week. Wow, it got huge. Many more stocks than any time this year that I can recall. ACDO ACLNF ADI ALTR AMCC APH ASML AUDC BEIQ BJS BRCM CDT CDWC CHP CMTN CPN DIAN DLTR DRAM ELNT EMC ERICY EXTR FII FLEX ICUI IMPH JBL LEH LFUS LTRE MCRL MSS MWD NEWP NSIT NUHC NVLS ORBK PCCC PENG PHCC PLT PLXS PLXT PMCS PRLX PWER QGENF SAMN SCH SCOR SDLI SFA SHFL SMTC TA TECD TLGD TNL UNH WAT XLTC Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - ------------------------------------------------------------------------------- From: Eric Shen Subject: Re: [CANSLIM] IVIS Date: 17 Jul 2000 12:01:57 -0700 Regular volume is only 27,000 shares a day. How can we be sure that a chat-room is hyping up the stock? Looking at the profile for IVIS on Yahoo!, it's pretty nice CANSLIM: 51% held by insiders. Institutional: 5% (10% of float) with net buying 496k shares. Good earnings growth. Eric Tom Gumpel wrote: > > GOOD CALL! > yes, but will it pass resistance at 43? I put my pivot at 45.15 (5% over > resistance). > tom > > At 09:51 AM 17/7/00 -0400, Rocky Sanghvi wrote: > >IVIS on the move with heavier than usual volume.... > > > >Rakesh > > > > > > =-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-= > Tom Gumpel > Department of Special Education 972-2-588-2165 > School of Education Fax: 972-2-588-2045 > The Hebrew University of Jerusalem in US: 877-258-9406 > Jerusalem, ISRAEL 91905 > http://pluto.mscc.huji.ac.il/~msgumpel/main.htm > VISUALIZE WHIRLED PEAS! > > - -- Eric Shen MS LOC3-8 / / / Level One Communications email: eshen@level1.com | | |_/ an Intel company Tel: (916) 855 5177 | |___/ 9750 Goethe Road ext: 4497 |_____/ Sacramento, CA 95827 - ------------------------------------------------------------------------------- From: Rocky Sanghvi Subject: RE: [CANSLIM] IVIS Date: 17 Jul 2000 14:58:48 -0400 Chat rooms typically would not be able to pull in the money over a consistent basis to get a rating of A (accumulation). Total volume at 2:50 is 160,600. Rakesh -----Original Message----- Sent: Monday, July 17, 2000 3:02 PM Regular volume is only 27,000 shares a day. How can we be sure that a chat-room is hyping up the stock? Looking at the profile for IVIS on Yahoo!, it's pretty nice CANSLIM: 51% held by insiders. Institutional: 5% (10% of float) with net buying 496k shares. Good earnings growth. Eric Tom Gumpel wrote: > > GOOD CALL! > yes, but will it pass resistance at 43? I put my pivot at 45.15 (5% over > resistance). > tom > > At 09:51 AM 17/7/00 -0400, Rocky Sanghvi wrote: > >IVIS on the move with heavier than usual volume.... > > > >Rakesh > > > > > > =-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-= > Tom Gumpel > Department of Special Education 972-2-588-2165 > School of Education Fax: 972-2-588-2045 > The Hebrew University of Jerusalem in US: 877-258-9406 > Jerusalem, ISRAEL 91905 > http://pluto.mscc.huji.ac.il/~msgumpel/main.htm > VISUALIZE WHIRLED PEAS! > > - -- Eric Shen MS LOC3-8 / / / Level One Communications email: eshen@level1.com | | |_/ an Intel company Tel: (916) 855 5177 | |___/ 9750 Goethe Road ext: 4497 |_____/ Sacramento, CA 95827 - - ------------------------------------------------------------------------------- From: "Tom Gumpel" Subject: Re: [CANSLIM] RMBS Date: 17 Jul 2000 22:30:52 +0300 it also has an eps of 70, I can think of other better leaders: elnt, amcc, pmcs ----- Original Message ----- Sent: Monday, July 17, 2000 6:11 PM > Yeah and it shows up on IBD's new list of top 10 leaders. Personally I > think its way OVERVALUED, but thats beside the point.... > > Rakesh > > > > -----Original Message----- > From: Ravi Raman [mailto:t-ravir@microsoft.com] > Sent: Monday, July 17, 2000 11:11 AM > To: 'canslim@lists.xmission.com' > Subject: [CANSLIM] RMBS > > > Anyone notice Rambus? It seems to have formed a nice cup and handle. > > -Ravi > > > - > > - > - ------------------------------------------------------------------------------- From: Dan Forant Subject: RE: [CANSLIM] IVIS Date: 17 Jul 2000 16:16:51 -0400 I swooped on it at 42. Holding at 45 4:15eastern. Dan At 05:51 PM 7/17/00 +0200, you wrote: >GOOD CALL! >yes, but will it pass resistance at 43? I put my pivot at 45.15 (5% over >resistance). >tom > >At 09:51 AM 17/7/00 -0400, Rocky Sanghvi wrote: >>IVIS on the move with heavier than usual volume.... >> >>Rakesh >> >> > >=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-= >Tom Gumpel >Department of Special Education 972-2-588-2165 >School of Education Fax: 972-2-588-2045 >The Hebrew University of Jerusalem in US: 877-258-9406 >Jerusalem, ISRAEL 91905 >http://pluto.mscc.huji.ac.il/~msgumpel/main.htm >VISUALIZE WHIRLED PEAS! > > >- > > - ------------------------------------------------------------------------------- From: Tim Fisher Subject: [CANSLIM] NVLS Date: 17 Jul 2000 13:49:03 -0700 NVLS reported after the close; will likely break out strong tomorrow. Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - ------------------------------------------------------------------------------- From: Tim Fisher Subject: RE: [CANSLIM] IVIS Date: 17 Jul 2000 13:53:20 -0700 I chose ACLNF for a 1/2 position over IVIS. The reason was the chart. IVIS is breaking out from a 1-week HTF right now - not much of a handle. ACLNF, OTOH, broke out the same percentage (11%) off a 7-week saucer w/ a handle. On 01:16 PM 7/17/00, Dan Forant Said: >I swooped on it at 42. Holding at 45 4:15eastern. > >Dan > >At 05:51 PM 7/17/00 +0200, you wrote: > >GOOD CALL! > >yes, but will it pass resistance at 43? I put my pivot at 45.15 (5% over > >resistance). > >tom > > > >At 09:51 AM 17/7/00 -0400, Rocky Sanghvi wrote: > >>IVIS on the move with heavier than usual volume.... > >> > >>Rakesh > >> > >> > > > >=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-= > >Tom Gumpel > >Department of Special Education 972-2-588-2165 > >School of Education Fax: 972-2-588-2045 > >The Hebrew University of Jerusalem in US: 877-258-9406 > >Jerusalem, ISRAEL 91905 > >http://pluto.mscc.huji.ac.il/~msgumpel/main.htm > >VISUALIZE WHIRLED PEAS! > > > > > >- > > > > > >- Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - ------------------------------------------------------------------------------- From: Dan Forant Subject: RE: [CANSLIM] IVIS Date: 17 Jul 2000 16:16:51 -0400 I swooped on it at 42. Holding at 45 4:15eastern. Dan At 05:51 PM 7/17/00 +0200, you wrote: >GOOD CALL! >yes, but will it pass resistance at 43? I put my pivot at 45.15 (5% over >resistance). >tom > >At 09:51 AM 17/7/00 -0400, Rocky Sanghvi wrote: >>IVIS on the move with heavier than usual volume.... >> >>Rakesh >> >> > >=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-= >Tom Gumpel >Department of Special Education 972-2-588-2165 >School of Education Fax: 972-2-588-2045 >The Hebrew University of Jerusalem in US: 877-258-9406 >Jerusalem, ISRAEL 91905 >http://pluto.mscc.huji.ac.il/~msgumpel/main.htm >VISUALIZE WHIRLED PEAS! > > >- > > - ------------------------------------------------------------------------------- From: "james sullivan" Subject: Re: [CANSLIM] NVLS Date: 17 Jul 2000 17:58:17 -0400 >NVLS reported after the close; will likely break out strong tomorrow. Tim, Here is a link discussing Novelus's NEW tool, Vector. http://www.investorguide.com/cgi-bin/weekly.cgi?01343 jim - ------------------------------------------------------------------------------- From: "Frank" Subject: [CANSLIM] RNBO rebound Date: 17 Jul 2000 18:09:00 -0500 I took a risk and picked some up at $45 on the rebound. Does anyone have any suggestions as for when to sell. Volume has been low during the rebound. O'niels rules are that a stock may rebound after an ultimate climax. Can last Tuesday Volume spike be considered an Ultimate climax? And if so what would be a good way to play the stock. Any help is appreciated. _____NetZero Free Internet Access and Email______ http://www.netzero.net/download/index.html - ------------------------------------------------------------------------------- From: Pritish Shah Subject: Re: [CANSLIM] RNBO rebound Date: 17 Jul 2000 16:14:51 -0700 (PDT) Around $62 -- poof next thing out of the hat -- a rabbit -- stick around. Actually that is around 20% above the high of $52 so that would be the first target. Ofcourse some could argue -- let it ride or put a trailing stop if it goes to $62 within 4 weeks. So depends when it hits $62 within 4-8weeks -- put a trailing stop at 15% below outside 8 weeks -- sell it at $62 Regards, Shah 408-525-4263 On Mon, 17 Jul 2000, Frank wrote: > I took a risk and picked some up at $45 on the rebound. Does anyone have > any suggestions as for when to sell. Volume has been low during the > rebound. O'niels rules are that a stock may rebound after an ultimate > climax. Can last Tuesday Volume spike be considered an Ultimate climax? > And if so what would be a good way to play the stock. > > Any help is appreciated. > > > > > _____NetZero Free Internet Access and Email______ > http://www.netzero.net/download/index.html > > - > > - ------------------------------------------------------------------------------- From: Dan Forant Subject: RE: [CANSLIM] IVIS Date: 17 Jul 2000 20:01:03 -0400 Luckily I have them both. This was a big day. Aclnf,mcrl,ivis and my new baby atms.. Best Monday I've ever had. Big volume out there. Cancelled out my golf starting time and just watched the screen explode. Played later, shot 79, perfect Monday. Dan At 01:53 PM 7/17/00 -0700, you wrote: >I chose ACLNF for a 1/2 position over IVIS. The reason was the chart. IVIS >is breaking out from a 1-week HTF right now - not much of a handle. ACLNF, >OTOH, broke out the same percentage (11%) off a 7-week saucer w/ a handle. > >On 01:16 PM 7/17/00, Dan Forant Said: >>I swooped on it at 42. Holding at 45 4:15eastern. >> >>Dan >> >>At 05:51 PM 7/17/00 +0200, you wrote: >> >GOOD CALL! >> >yes, but will it pass resistance at 43? I put my pivot at 45.15 (5% over >> >resistance). >> >tom >> > >> >At 09:51 AM 17/7/00 -0400, Rocky Sanghvi wrote: >> >>IVIS on the move with heavier than usual volume.... >> >> >> >>Rakesh >> >> >> >> >> > >> >=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-= >> >Tom Gumpel >> >Department of Special Education 972-2-588-2165 >> >School of Education Fax: 972-2-588-2045 >> >The Hebrew University of Jerusalem in US: 877-258-9406 >> >Jerusalem, ISRAEL 91905 >> >http://pluto.mscc.huji.ac.il/~msgumpel/main.htm >> >VISUALIZE WHIRLED PEAS! >> > >> > >> >- >> > >> > >> >>- > >Tim Fisher >Ore-Rock-On and Pacific Fishery Biologists WWW Sites > >Tim@OreRockOn.com >WWW: http://OreRockOn.com >See naked fish and rocks! > > >- > > - ------------------------------------------------------------------------------- From: "Peter D. Christiansen" Subject: Re: [CANSLIM] IVIS Date: 18 Jul 2000 07:02:31 +0700 It is interesting how we differently we see charts. I have been drooling over IVIS's chart for some time. One of the nicest I have come across in a while. I see IVIS breaking out of a nice tight five day handle on top of a seven day handle. I bought my first shares on the 7/7 breakout, and added to the position this morning at 41 1/4. The RS on IVIS is stronger than ACLNF, and the volume patterns look more constructive as well. The last three quarters earnings and revenue growth for IVIS is pretty impressive, while ACLNF is kinda ho-hum. Where is the handle in ACLNF? Surely not that wide and loose three day thingy. Tim Fisher wrote: > I chose ACLNF for a 1/2 position over IVIS. The reason was the chart. IVIS > is breaking out from a 1-week HTF right now - not much of a handle. ACLNF, > OTOH, broke out the same percentage (11%) off a 7-week saucer w/ a handle. > > On 01:16 PM 7/17/00, Dan Forant Said: > >I swooped on it at 42. Holding at 45 4:15eastern. > > > >Dan > > > >At 05:51 PM 7/17/00 +0200, you wrote: > > >GOOD CALL! > > >yes, but will it pass resistance at 43? I put my pivot at 45.15 (5% over > > >resistance). > > >tom > > > > > >At 09:51 AM 17/7/00 -0400, Rocky Sanghvi wrote: > > >>IVIS on the move with heavier than usual volume.... > > >> > > >>Rakesh > > >> > > >> > > > > > >=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-= > > >Tom Gumpel > > >Department of Special Education 972-2-588-2165 > > >School of Education Fax: 972-2-588-2045 > > >The Hebrew University of Jerusalem in US: 877-258-9406 > > >Jerusalem, ISRAEL 91905 > > >http://pluto.mscc.huji.ac.il/~msgumpel/main.htm > > >VISUALIZE WHIRLED PEAS! > > > > > > > > >- > > > > > > > > > >- > > Tim Fisher > Ore-Rock-On and Pacific Fishery Biologists WWW Sites > > Tim@OreRockOn.com > WWW: http://OreRockOn.com > See naked fish and rocks! > > - -- Peter D Christiansen Chiang Mai, Thailand <*> I know not what course other may take - but, as for me, give me liberty or give me death. -- Patrick Henry <*> - ------------------------------------------------------------------------------- From: Eric Shen Subject: Re: [CANSLIM] IVIS Date: 17 Jul 2000 17:09:22 -0700 Bought IVIS today also. If IVIS rises to my golf score...I'll be rich! :-) Dan Forant wrote: > > Luckily I have them both. This was a big day. Aclnf,mcrl,ivis and my new > baby atms.. Best Monday I've ever had. Big volume out there. Cancelled out > my golf starting time and just watched the screen explode. Played later, > shot 79, perfect Monday. > > Dan > > At 01:53 PM 7/17/00 -0700, you wrote: > >I chose ACLNF for a 1/2 position over IVIS. The reason was the chart. IVIS > >is breaking out from a 1-week HTF right now - not much of a handle. ACLNF, > >OTOH, broke out the same percentage (11%) off a 7-week saucer w/ a handle. > > > >On 01:16 PM 7/17/00, Dan Forant Said: > >>I swooped on it at 42. Holding at 45 4:15eastern. > >> > >>Dan > >> > >>At 05:51 PM 7/17/00 +0200, you wrote: > >> >GOOD CALL! > >> >yes, but will it pass resistance at 43? I put my pivot at 45.15 (5% over > >> >resistance). > >> >tom > >> > > >> >At 09:51 AM 17/7/00 -0400, Rocky Sanghvi wrote: > >> >>IVIS on the move with heavier than usual volume.... > >> >> > >> >>Rakesh > >> >> > >> >> > >> > > >> >=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-= > >> >Tom Gumpel > >> >Department of Special Education 972-2-588-2165 > >> >School of Education Fax: > 972-2-588-2045 > >> >The Hebrew University of Jerusalem in US: 877-258-9406 > >> >Jerusalem, ISRAEL 91905 > >> >http://pluto.mscc.huji.ac.il/~msgumpel/main.htm > >> >VISUALIZE WHIRLED PEAS! > >> > > >> > > >> >- > >> > > >> > > >> > >>- > > > >Tim Fisher > >Ore-Rock-On and Pacific Fishery Biologists WWW Sites > > > >Tim@OreRockOn.com > >WWW: http://OreRockOn.com > >See naked fish and rocks! > > > > > >- > > > > > > - -- Eric Shen MS LOC3-8 / / / Level One Communications email: eshen@level1.com | | |_/ an Intel company Tel: (916) 855 5177 | |___/ 9750 Goethe Road ext: 4497 |_____/ Sacramento, CA 95827 - ------------------------------------------------------------------------------- From: Tim Fisher Subject: RE: [CANSLIM] IVIS Date: 17 Jul 2000 17:10:34 -0700 The wide and loose thingy is indeed a handle. As much as the IVIS handle-on-a-handle which is not a WON formation either. Bottom line: neither really has much of a nice, boring, drooping, dried-up-volume handle like we'd all like to see. But they broke out and we all had some cash lying around waiting to buy something. Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - ------------------------------------------------------------------------------- From: "Peter D. Christiansen" Subject: Re: [CANSLIM] IVIS Date: 18 Jul 2000 07:30:17 +0700 IVIS's handle was from 6/27 to 7/6. Drooping prices on contracting volume, breaking out 7/7 on big volume. Today was just a gift. Tim Fisher wrote: > The wide and loose thingy is indeed a handle. As much as the IVIS > handle-on-a-handle which is not a WON formation either. Bottom line: > neither really has much of a nice, boring, drooping, dried-up-volume handle > like we'd all like to see. But they broke out and we all had some cash > lying around waiting to buy something. > > Tim Fisher > Ore-Rock-On and Pacific Fishery Biologists WWW Sites > > Tim@OreRockOn.com > WWW: http://OreRockOn.com > See naked fish and rocks! > > - -- Peter D Christiansen Chiang Mai, Thailand <*> I know not what course other may take - but, as for me, give me liberty or give me death. -- Patrick Henry <*> - ------------------------------------------------------------------------------- From: Dan Forant Subject: RE: [CANSLIM] IVIS Date: 17 Jul 2000 20:37:03 -0400 From where I sit, there are different interpretations of a lot of charts. I'm a newbie, and I understand the IVIS handle doesn't fit Won's teachings. The weak handle looked better to me with the volume increase. So I bought, nothing ventured, nothing gained. Solid Gold Monday, Dan. At 05:10 PM 7/17/00 -0700, you wrote: >The wide and loose thingy is indeed a handle. As much as the IVIS >handle-on-a-handle which is not a WON formation either. Bottom line: >neither really has much of a nice, boring, drooping, dried-up-volume handle >like we'd all like to see. But they broke out and we all had some cash >lying around waiting to buy something. > >Tim Fisher >Ore-Rock-On and Pacific Fishery Biologists WWW Sites > >Tim@OreRockOn.com >WWW: http://OreRockOn.com >See naked fish and rocks! > > >- > > - ------------------------------------------------------------------------------- From: "Peter D. Christiansen" Subject: Re: [CANSLIM] IVIS Date: 18 Jul 2000 07:44:48 +0700 Both of IVIS's handles formed in the upper half of the cup. Not the case with ACLNF. "Peter D. Christiansen" wrote: > IVIS's handle was from 6/27 to 7/6. Drooping prices on contracting volume, > breaking out 7/7 on big volume. Today was just a gift. > > Tim Fisher wrote: > > > The wide and loose thingy is indeed a handle. As much as the IVIS > > handle-on-a-handle which is not a WON formation either. Bottom line: > > neither really has much of a nice, boring, drooping, dried-up-volume handle > > like we'd all like to see. But they broke out and we all had some cash > > lying around waiting to buy something. > > > > Tim Fisher > > Ore-Rock-On and Pacific Fishery Biologists WWW Sites > > > > Tim@OreRockOn.com > > WWW: http://OreRockOn.com > > See naked fish and rocks! > > > > - > > -- > Peter D Christiansen > Chiang Mai, > Thailand > > <*> I know not what course other may take - but, as for me, give me liberty or > give me death. -- Patrick Henry <*> > > - -- Peter D Christiansen Chiang Mai, Thailand <*> I know not what course other may take - but, as for me, give me liberty or give me death. -- Patrick Henry <*> - ------------------------------------------------------------------------------- From: Dan Forant Subject: Re: [CANSLIM] IVIS Date: 17 Jul 2000 20:49:36 -0400 Look's like 184,600, up from 26,954 liked it also. I like this gift and my birthday's not till Oct., Dan At 07:30 AM 7/18/00 +0700, you wrote: >IVIS's handle was from 6/27 to 7/6. Drooping prices on contracting volume, >breaking out 7/7 on big volume. Today was just a gift. > >Tim Fisher wrote: > >> The wide and loose thingy is indeed a handle. As much as the IVIS >> handle-on-a-handle which is not a WON formation either. Bottom line: >> neither really has much of a nice, boring, drooping, dried-up-volume handle >> like we'd all like to see. But they broke out and we all had some cash >> lying around waiting to buy something. >> >> Tim Fisher >> Ore-Rock-On and Pacific Fishery Biologists WWW Sites >> >> Tim@OreRockOn.com >> WWW: http://OreRockOn.com >> See naked fish and rocks! >> >> - > >-- >Peter D Christiansen >Chiang Mai, >Thailand > ><*> I know not what course other may take - but, as for me, give me liberty or >give me death. -- Patrick Henry <*> > > > >- > > - ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] aclnf Date: 17 Jul 2000 21:23:42 -0400 no management ownership, no funds ownership. Do they see something I don't? Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html ----- Original Message ----- Sent: Monday, July 17, 2000 11:54 AM b/o on heavy volume, perfect canslim profile, although not cwh, but good base. strong gap up today I missed my pivot of 32, but still hopeful =-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-= -=-=-=-= Tom Gumpel Department of Special Education 972-2-588-2165 School of Education Fax: 972-2-588-2045 The Hebrew University of Jerusalem in US: 877-258-9406 Jerusalem, ISRAEL 91905 http://pluto.mscc.huji.ac.il/~msgumpel/main.htm VISUALIZE WHIRLED PEAS! - - ------------------------------------------------------------------------------- From: "Hugh Fader" Subject: [CANSLIM] Selling after buyout Date: 17 Jul 2000 21:50:21 -0400 Hello all, It was recently announced that JDSU is buying SDLI with as 3.8:1 stock swap. I am holding SDLI and trying to decide what to do. As has been observed here before, we might expect SDLI to plateau and hold at some price near the 3.8 multiple of JDSU until the buyout is complete. However, there is some risk that the FTC will call this monopolistic and call the whole thing off. I am watching the ratio of the two stocks and SDLI is now 12% below 3.8 * JDSU. I have only watched these things from the sidelines before and not very closely so I'm wondering how to play this. Any thoughts? - Hugh - ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] IVIS Date: 17 Jul 2000 21:44:00 -0400 Hummm, Yahoo and DGO disagree substantially. DGO shows no management holdings at all, and only a 2% ownership by mutual funds. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html ----- Original Message ----- Sent: Monday, July 17, 2000 3:01 PM Regular volume is only 27,000 shares a day. How can we be sure that a chat-room is hyping up the stock? Looking at the profile for IVIS on Yahoo!, it's pretty nice CANSLIM: 51% held by insiders. Institutional: 5% (10% of float) with net buying 496k shares. Good earnings growth. Eric Tom Gumpel wrote: > > GOOD CALL! > yes, but will it pass resistance at 43? I put my pivot at 45.15 (5% over > resistance). > tom > > At 09:51 AM 17/7/00 -0400, Rocky Sanghvi wrote: > >IVIS on the move with heavier than usual volume.... > > > >Rakesh > > > > > > =-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-= -=-=-=-= > Tom Gumpel > Department of Special Education 972-2-588-2165 > School of Education Fax: 972-2-588-2045 > The Hebrew University of Jerusalem in US: 877-258-9406 > Jerusalem, ISRAEL 91905 > http://pluto.mscc.huji.ac.il/~msgumpel/main.htm > VISUALIZE WHIRLED PEAS! > > - -- Eric Shen MS LOC3-8 / / / Level One Communications email: eshen@level1.com | | |_/ an Intel company Tel: (916) 855 5177 | |___/ 9750 Goethe Road ext: 4497 |_____/ Sacramento, CA 95827 - - ------------------------------------------------------------------------------- From: "Tim Fisher" Subject: Re: [CANSLIM] aclnf Date: 17 Jul 2000 18:53:43 -0700 I bot it because it showed up on an HGS scan. HGS does not consider mgmt or fund ownership. peter, you must be looking at a different chart. Mine shows the left side of the saucer at 28.5 and the handle forming from 27.5 to 29.5. Good enough for me, esp. since I don't even need to see a WON formation to buy if GRS is as high as it is, and it passes my HGS scan criteria. At 09:23 PM 7/17/00 -0400, you wrote: >no management ownership, no funds ownership. Do they see >something I don't? > >Tom Worley >stkguru@netside.net >chat with me at ICQ # 5568838 >get ICQ software at http://www.icq.com/icqhomepage.html > > >----- Original Message ----- >From: Tom Gumpel >To: >Sent: Monday, July 17, 2000 11:54 AM >Subject: [CANSLIM] aclnf > > >b/o on heavy volume, perfect canslim profile, although not cwh, >but good base. >strong gap up today > >I missed my pivot of 32, but still hopeful >=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-= >-=-=-=-= >Tom Gumpel >Department of Special Education >972-2-588-2165 >School of Education Fax: >972-2-588-2045 >The Hebrew University of Jerusalem in US: 877-258-9406 >Jerusalem, ISRAEL 91905 >http://pluto.mscc.huji.ac.il/~msgumpel/main.htm >VISUALIZE WHIRLED PEAS! > > >- > > > >- Tim Fisher, 1995 President, Pacific Fishery Biologists Ore-ROCK-On Rockhounding Web Site PFB Information mailto:tim@OreRockOn.com WWW http://OreRockOn.com - ------------------------------------------------------------------------------- From: Earl Setser Subject: Re: [CANSLIM] Selling after buyout Date: 17 Jul 2000 20:00:59 -0600 I'm not sure exactly what you should do (of course), but I can give you some data. I watched the ETEK/JDSU spread quite closely early this year. In that case, the spread seemed to move around quite a lot. It went up into the 30% range a time or two, and was as low as 8% or so several months before the merger was finalized. It was interesting that it moved around as much as it did, but it generally closed the gap except when some news or rumor would swing it wildly. I would think that 12% as this point pretty much reflects an expectation that the merger will go through, and I wouldn't expect the gap to close much more at this point. Both companies are great ones, and it may be a good hold position if you want to hold longer term. In the shorter term, it's not clear to me that I would want to own JDSU right now, and if not, then why hold SDLI? You really could go either way with these. At 09:50 PM 7/17/00 -0400, you wrote: >Hello all, > >It was recently announced that JDSU is buying SDLI with as 3.8:1 stock swap. >I am holding SDLI and trying to decide what to do. As has been observed here >before, we might expect SDLI to plateau and hold at some price near the 3.8 >multiple of JDSU until the buyout is complete. However, there is some risk >that the FTC will call this monopolistic and call the whole thing off. I am >watching the ratio of the two stocks and SDLI is now 12% below 3.8 * JDSU. > >I have only watched these things from the sidelines before and not very >closely so I'm wondering how to play this. Any thoughts? > >- Hugh > > >- > > > - ------------------------------------------------------------------------------- From: "Peter D. Christiansen" Subject: Re: [CANSLIM] aclnf Date: 18 Jul 2000 09:16:10 +0700 You are correct. It appears Quotes Plus is giving me some bad data. Looks like maybe there was a split that isn't entered correctly. When I look at the chart on Bigcharts, I like it a lot better. Peter Tim Fisher wrote: > peter, you must be looking at a different chart. Mine shows > the left side of the saucer at 28.5 and the handle forming from 27.5 to > 29.5. -- Peter D Christiansen Chiang Mai, Thailand <*> I know not what course other may take - but, as for me, give me liberty or give me death. -- Patrick Henry <*> - ------------------------------------------------------------------------------- From: "Frank" Subject: Re: [CANSLIM] IVIS Peter and all nice work. Date: 17 Jul 2000 22:36:02 -0500 I agree with your buying entry on the 7th. It looks like a cup to me and todays breakout was from a cup that formed from the resistence at a new high. Nice call Frank ----- Original Message ----- Sent: Monday, July 17, 2000 7:02 PM > It is interesting how we differently we see charts. > > I have been drooling over IVIS's chart for some time. One of the nicest I have > come across in a while. I see IVIS breaking out of a nice tight five day handle on > top of a seven day handle. I bought my first shares on the 7/7 breakout, and added > to the position this morning at 41 1/4. The RS on IVIS is stronger than ACLNF, and > the volume patterns look more constructive as well. The last three quarters > earnings and revenue growth for IVIS is pretty impressive, while ACLNF is kinda > ho-hum. > > Where is the handle in ACLNF? Surely not that wide and loose three day thingy. > > Tim Fisher wrote: > > > I chose ACLNF for a 1/2 position over IVIS. The reason was the chart. IVIS > > is breaking out from a 1-week HTF right now - not much of a handle. ACLNF, > > OTOH, broke out the same percentage (11%) off a 7-week saucer w/ a handle. > > > > On 01:16 PM 7/17/00, Dan Forant Said: > > >I swooped on it at 42. Holding at 45 4:15eastern. > > > > > >Dan > > > > > >At 05:51 PM 7/17/00 +0200, you wrote: > > > >GOOD CALL! > > > >yes, but will it pass resistance at 43? I put my pivot at 45.15 (5% over > > > >resistance). > > > >tom > > > > > > > >At 09:51 AM 17/7/00 -0400, Rocky Sanghvi wrote: > > > >>IVIS on the move with heavier than usual volume.... > > > >> > > > >>Rakesh > > > >> > > > >> > > > > > > > >=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-= > > > >Tom Gumpel > > > >Department of Special Education 972-2-588-2165 > > > >School of Education Fax: 972-2-588-2045 > > > >The Hebrew University of Jerusalem in US: 877-258-9406 > > > >Jerusalem, ISRAEL 91905 > > > >http://pluto.mscc.huji.ac.il/~msgumpel/main.htm > > > >VISUALIZE WHIRLED PEAS! > > > > > > > > > > > >- > > > > > > > > > > > > > >- > > > > Tim Fisher > > Ore-Rock-On and Pacific Fishery Biologists WWW Sites > > > > Tim@OreRockOn.com > > WWW: http://OreRockOn.com > > See naked fish and rocks! > > > > - > > -- > Peter D Christiansen > Chiang Mai, > Thailand > > <*> I know not what course other may take - but, as for me, give me liberty or give > me death. -- Patrick Henry <*> > > > > - > > _____NetZero Free Internet Access and Email______ http://www.netzero.net/download/index.html - ------------------------------------------------------------------------------- From: Kent Norman Subject: Re: [CANSLIM] HGS watch list Date: 17 Jul 2000 22:49:23 -0500 As a second opinion, I use technical analysis. These are the ones that score 100 IVIS ATMS ACLNF ALTR BEIQ CMTN DRAM ELNT PLXS PLXT PWER QGENF SDLI SMTC TA TECD TNL Kent Tim Fisher wrote: > > HGS list for this week. Wow, it got huge. Many more stocks than any time > this year that I can recall. > > ACDO ACLNF ADI ALTR AMCC APH ASML AUDC > BEIQ BJS BRCM CDT CDWC CHP CMTN CPN > DIAN DLTR DRAM ELNT EMC ERICY EXTR FII > FLEX ICUI IMPH JBL LEH LFUS LTRE MCRL > MSS MWD NEWP NSIT NUHC NVLS ORBK PCCC > PENG PHCC PLT PLXS PLXT PMCS PRLX PWER > QGENF SAMN SCH SCOR SDLI SFA SHFL SMTC > TA TECD TLGD TNL UNH WAT XLTC > > Tim Fisher > Ore-Rock-On and Pacific Fishery Biologists WWW Sites > > Tim@OreRockOn.com > WWW: http://OreRockOn.com > See naked fish and rocks! > > - - ------------------------------------------------------------------------------- From: asosis@ca.ibm.com Subject: Re: [CANSLIM] CMTNt Date: 18 Jul 2000 00:23:41 -0400 I have not lived through this scenario before and am not sure how to handle it. When a company reports better than expected earnings and matches earnings whispers but the stockn sells off back to the B/O level, is this a buying opportunity? Anna - ------------------------------------------------------------------------------- From: asosis@ca.ibm.com Subject: [CANSLIM] NICE B/O Date: 18 Jul 2000 00:34:25 -0400 Any opinions? IBD 98 93 A A B, It broke out from a handle (or B3) on > 300% volume.. Anna Kent Norman on 07/17/2000 11:49:23 PM Please respond to canslim@lists.xmission.com cc: As a second opinion, I use technical analysis. These are the ones that score 100 IVIS ATMS ACLNF ALTR BEIQ CMTN DRAM ELNT PLXS PLXT PWER QGENF SDLI SMTC TA TECD TNL Kent Tim Fisher wrote: > > HGS list for this week. Wow, it got huge. Many more stocks than any time > this year that I can recall. > > ACDO ACLNF ADI ALTR AMCC APH ASML AUDC > BEIQ BJS BRCM CDT CDWC CHP CMTN CPN > DIAN DLTR DRAM ELNT EMC ERICY EXTR FII > FLEX ICUI IMPH JBL LEH LFUS LTRE MCRL > MSS MWD NEWP NSIT NUHC NVLS ORBK PCCC > PENG PHCC PLT PLXS PLXT PMCS PRLX PWER > QGENF SAMN SCH SCOR SDLI SFA SHFL SMTC > TA TECD TLGD TNL UNH WAT XLTC > > Tim Fisher > Ore-Rock-On and Pacific Fishery Biologists WWW Sites > > Tim@OreRockOn.com > WWW: http://OreRockOn.com > See naked fish and rocks! > > - - - ------------------------------------------------------------------------------- From: chris dempsey Subject: Re: [CANSLIM] HGS watch list Date: 18 Jul 2000 08:26:25 -0400 (EDT) How do you figure? Sent: Monday, July 17, 2000 10:49 PM As a second opinion, I use technical analysis. These are the ones that score 100 IVIS ATMS ACLNF ALTR BEIQ CMTN DRAM ELNT PLXS PLXT PWER QGENF SDLI SMTC TA TECD TNL Kent Tim Fisher wrote: > > HGS list for this week. Wow, it got huge. Many more stocks than any time > this year that I can recall. > > ACDO ACLNF ADI ALTR AMCC APH ASML AUDC > BEIQ BJS BRCM CDT CDWC CHP CMTN CPN > DIAN DLTR DRAM ELNT EMC ERICY EXTR FII > FLEX ICUI IMPH JBL LEH LFUS LTRE MCRL > MSS MWD NEWP NSIT NUHC NVLS ORBK PCCC > PENG PHCC PLT PLXS PLXT PMCS PRLX PWER > QGENF SAMN SCH SCOR SDLI SFA SHFL SMTC > TA TECD TLGD TNL UNH WAT XLTC ______________________________________________ FREE Personalized Email at Mail.com Sign up at http://www.mail.com/?sr=signup - ------------------------------------------------------------------------------- From: chris dempsey Subject: Re: [CANSLIM]Brokerages (News Events) Date: 18 Jul 2000 08:40:58 -0400 (EDT) I think that news + a breakout (or even a near break out) is a GREAT time to buy a stock! News + a breakout + a brokerage upgrade is also a GREAT time to buy a stock! A brokerage upgrade (by itself) causing a breakout is NOT a good time to buy a stock. The problem is at lunch time when I buy most of my stocks many times I cannot find a reason why a stock is up on high volume. I will still buy the stock and try to find out later, and adjust accordingly. Sent: Wednesday, July 12, 2000 4:55 PM Hmm.. this is an interesting thought. If we shouldn't buy on the news, then shouldn't the best time to buy during the lull between the spate of earning reports? I was under the impression that if a company announces good earnings and the stock breaks out on good volume, then that's good. Comments? Eric Rocky Sanghvi wrote: > > Anna: > > Actually this represents a important point. IMHO, The M seems to be > indicating a rally ahead if brokerages are doing well. I always keep in > mind what WON said "Pay attention to what the M have already done..." > > Rakesh. > > -----Original Message----- > From: asosis@ca.ibm.com [mailto:asosis@ca.ibm.com] > Sent: Wednesday, July 12, 2000 5:21 PM > To: canslim@lists.xmission.com > Subject: Re: [CANSLIM]Brokerages > > I agree that the best way to buy a b/o when it happens without news. > Brokerages rallied on the announcement today. However, some had valid > setups prior to today: MER, AGE, LEH, LM...... One point of view: avoid > the breakouts we are seeing today because they are news driven. Second > point of view: MER and AGE broke out last week (or somewhere there... > definitely not today).. Therefore we have valid leadership in the group so > it is ok to buy. > > What do you think? > > Anna ______________________________________________ FREE Personalized Email at Mail.com Sign up at http://www.mail.com/?sr=signup - ------------------------------------------------------------------------------- From: "Mike Lucero" Subject: Re: [CANSLIM] NICE B/O Date: 18 Jul 2000 03:05:19 -0700 Which stock? ----- Original Message ----- Sent: Monday, July 17, 2000 9:34 PM Any opinions? IBD 98 93 A A B, It broke out from a handle (or B3) on > 300% volume.. Anna Kent Norman on 07/17/2000 11:49:23 PM Please respond to canslim@lists.xmission.com cc: As a second opinion, I use technical analysis. These are the ones that score 100 IVIS ATMS ACLNF ALTR BEIQ CMTN DRAM ELNT PLXS PLXT PWER QGENF SDLI SMTC TA TECD TNL Kent Tim Fisher wrote: > > HGS list for this week. Wow, it got huge. Many more stocks than any time > this year that I can recall. > > ACDO ACLNF ADI ALTR AMCC APH ASML AUDC > BEIQ BJS BRCM CDT CDWC CHP CMTN CPN > DIAN DLTR DRAM ELNT EMC ERICY EXTR FII > FLEX ICUI IMPH JBL LEH LFUS LTRE MCRL > MSS MWD NEWP NSIT NUHC NVLS ORBK PCCC > PENG PHCC PLT PLXS PLXT PMCS PRLX PWER > QGENF SAMN SCH SCOR SDLI SFA SHFL SMTC > TA TECD TLGD TNL UNH WAT XLTC > > Tim Fisher > Ore-Rock-On and Pacific Fishery Biologists WWW Sites > > Tim@OreRockOn.com > WWW: http://OreRockOn.com > See naked fish and rocks! > > - - - - ------------------------------------------------------------------------------- From: "Mike Lucero" Subject: Re: [CANSLIM] CMTNt Date: 18 Jul 2000 03:08:17 -0700 I think IBD says that most stocks fall back to near the pivot after a breakout and it's a second chance to buy them. I wouldn't count the after hours trading. See what it does tomorrow. I own it, too. Mike ----- Original Message ----- Sent: Monday, July 17, 2000 9:23 PM I have not lived through this scenario before and am not sure how to handle it. When a company reports better than expected earnings and matches earnings whispers but the stockn sells off back to the B/O level, is this a buying opportunity? Anna - - ------------------------------------------------------------------------------- From: chris dempsey Subject: [CANSLIM]Specific Industry Group Rankings Date: 18 Jul 2000 08:24:38 -0400 (EDT) The following are the ranking of the specific industry groups from IBD on the first and 16th of each month this year. I hope this helps others as much as I believe this helps me! My account hit a year 2000 high yesterday and IRA closing in on one. SpecificIndustryGroup,7i/00,7/00,6i/00,6/00,5i/00,5/00,4i/00,4/00,3i/00,3/00,2i/00,2/00,1i/00,1/00,GeneralIndustryGroup Elec Measrng Instruments,1,3,15,25,24,15,25,23,25,23,26,30,32,39,Electronics Elec-Scientific Instrumn,2,1,2,12,12,4,9,19,18,16,20,9,9,14,Electronics Elec-Semiconductor Mfg,3,4,10,18,9,1,1,5,11,10,8,13,11,12,Electronics Elec-Laser Sys/Component,4,7,26,32,26,17,6,14,9,7,21,28,27,36,Medical Elec Products-Misc,5,5,9,28,15,7,14,12,16,20,25,24,23,20,Electronics Oil&Gas-U S Explo&Prod,6,2,1,1,4,28,53,78,90,96,112,134,124,113,Energy Medical-Biomed/Genetics,7,8,27,31,29,32,5,7,1,1,1,1,1,9,Medical Elec-Parts Distributors,8,11,7,8,1,5,17,27,38,37,42,41,40,40,Business Svc Telecommunications-Equip,9,13,30,37,32,16,2,1,4,2,6,6,8,8,Telecomm Medical-Generic Drugs,10,6,3,4,5,12,18,39,48,47,50,53,74,110,Medical Computer-Memory Devices,11,27,33,45,17,3,3,3,7,14,17,15,15,13,Computers Medical/Dental/Serv,12,24,21,24,23,27,35,38,39,39,49,52,63,69,Medical Energy-Other,13,10,17,26,57,53,46,44,41,41,43,46,42,62,Energy Comml Svcs-Schools,14,23,24,30,31,26,37,50,66,69,60,77,117,75,Consumer Computer-Graphics,15,15,16,22,21,6,10,16,23,27,27,29,30,35,Computers Medical-Whsle Drg/Sund,16,14,22,33,98,51,89,77,73,70,108,133,118,133,Medical Medical-Ethical Drugs,17,9,13,29,28,34,19,21,20,8,13,21,22,29,Medical Elec-Misc Componets,18,25,19,20,18,10,11,13,17,15,14,16,16,16,Electronics Computer-Local Networks,19,39,53,75,49,38,12,2,3,5,7,8,6,4,Computers Electrical-Control Instr,20,18,35,104,79,74,63,48,36,40,35,40,50,61,Electronics Oil&Gas-Machinery/Equip,21,16,4,2,2,13,20,36,62,66,68,79,85,92,Energy Retail/Whlsle-Cmptr/Cell,22,28,28,34,19,30,68,34,31,33,38,32,43,32,Retail Medical-Products,23,26,34,39,33,19,15,26,24,18,24,23,26,34,Medical Medical-Hlth Maint Org,24,17,11,10,38,62,52,99,151,151,144,169,155,173,Medical Transportation-Ship,25,22,14,9,13,29,47,69,78,102,115,96,137,135,Transport Oil&Gas-Field Services,26,12,6,6,10,21,34,56,70,75,102,122,104,106,Energy Finance-Investment Bkrs,27,57,68,100,77,52,43,40,45,56,52,51,76,65,Finance Leisure-Gaming,28,31,20,19,39,85,107,83,82,73,74,74,97,81,Leisure Oil & Gas-Drilling,29,20,5,3,3,9,21,35,60,52,62,62,45,49,Energy Food-Misc Preparation,30,34,31,48,83,143,123,153,140,136,134,162,140,140,Food/Bev Medical-Instruments,31,32,38,49,61,57,28,31,27,25,23,17,29,30,Medical Electrical-Connectors,32,56,60,95,48,8,16,29,33,36,40,43,34,33,Electronics Electrical-Equipment,33,38,70,84,34,33,44,41,46,42,41,42,47,53,Machinery Transportation-Airline,34,55,55,23,41,60,48,85,109,147,150,145,109,100,Transport Oil&Gas-Cdn Exp&Prod,35,19,12,5,35,78,92,116,122,148,126,137,130,126,Energy Computer Softwr-Enterpse,36,54,75,60,46,42,13,8,5,4,2,4,5,3,Computers Leisure-Photo Equip/Rel,37,60,115,133,173,83,83,55,56,71,72,115,135,148,Consumer Finance-Investment Mgmt,38,30,23,14,27,20,40,53,63,64,67,70,68,77,Finance Elec-Semiconductor Equip,39,36,32,42,11,2,4,10,12,12,9,19,17,19,Electronics Retail-Discount&Variety,40,64,69,41,7,41,64,91,110,140,137,142,134,149,Retail Insurance-Diversified,41,47,42,136,103,106,97,121,149,154,143,111,171,171,Insurance Real Estate Operations,42,40,29,16,51,101,110,142,47,91,90,118,175,130,Real Est Shoes & Rel Apparel,43,59,59,66,60,46,79,113,130,137,148,146,158,115,Apparel Oil&Gas-Prod/Pipeline,44,35,18,11,30,75,75,92,96,101,110,126,132,155,Energy Pollution Control-Svcs,45,49,58,56,56,81,71,66,55,49,69,81,106,146,Business Prd Chemicals-Specialty,46,46,48,35,40,63,67,90,97,95,111,110,113,119,Chemicals Oil&Gas-Refining/Mktg,47,33,36,54,90,86,105,119,127,109,114,117,127,104,Energy Retail-Restaurants,48,37,25,15,20,56,81,104,120,111,124,144,169,154,Food/Bev Comml Svcs-Security/Sfty,49,50,46,51,47,58,57,25,29,30,32,36,44,47,Misc Medical-Hospitals,50,21,8,7,14,18,29,47,58,63,53,48,41,99,Medical Oil & Gas-U S Royalty Tr,51,42,56,77,121,152,157,152,133,118,121,139,128,116,Energy Computer Softwr-Security,52,78,64,81,67,39,8,4,2,6,5,7,4,5,Computers Computer-Manufacturers,53,129,124,168,141,35,32,32,37,44,45,39,38,23,Computers Metal Prod-Fasteners,54,43,87,129,139,146,160,170,168,169,177,167,153,169,Business Prd Food-Dairy Products,55,29,40,21,16,43,72,70,86,81,76,119,126,136,Food/Bev Leisure-Products,56,44,39,17,8,22,36,51,69,79,80,83,114,101,Leisure Bldg-Constr Prods/Misc,57,52,54,47,53,50,55,89,98,100,100,106,119,108,Building Elec-Military Systems,58,94,62,64,74,31,41,37,40,35,36,38,33,41,Electronics Retail-Apparel/Shoe,59,112,94,59,22,59,61,72,115,125,122,93,90,80,Retail Comml Serv-Staffing,60,67,61,46,25,37,51,64,51,55,54,47,46,42,Business Svc Aerospace/Defense Eqp,61,82,71,63,70,79,82,80,83,78,85,107,110,118,Aircraft Computer-Optical Recogtn,62,41,78,58,52,14,7,11,14,13,16,18,20,18,Computers Comml Serv-Business Svcs,63,70,43,91,45,112,155,145,126,123,163,188,187,194,Business Svc Insurance-Life,64,79,77,114,175,180,153,160,173,172,174,171,145,122,Insurance Leisure-Hotels & Motels,65,71,88,96,95,105,132,132,145,134,146,151,166,121,Leisure Medical-Outpnt/Hm Care,66,48,50,36,63,94,77,76,61,48,47,45,53,51,Medical Oil&Gas-Cdn Integrated,67,45,49,27,68,103,106,147,159,153,132,121,116,112,Energy Textile-Apparel Mfg,68,77,98,76,72,70,66,74,102,108,99,120,96,114,Apparel Real Estate Development,69,97,114,89,106,118,100,115,101,83,81,80,103,98,Real Est Consumer Products-Misc,70,101,134,139,176,189,173,81,74,54,55,65,79,66,Consumer Comml Services-Misc,71,76,96,61,54,71,58,46,42,43,39,34,35,31,Business Svc Metal Proc & Fabrication,72,75,57,55,58,90,91,103,100,94,98,78,60,64,Business Prd Agricultural Operations,73,111,119,147,124,142,128,125,106,105,123,176,152,152,Agriculture Media-Books,74,86,140,157,134,158,126,117,112,103,96,73,87,86,Print/Pub Pollution Control-Equip,75,66,41,74,89,89,93,87,89,97,93,129,136,124,Business Prd Finance-Equity Reit,76,68,66,65,78,99,114,133,118,114,125,135,141,153,Finance Insurance-Prop/Cas/Titl,77,83,82,69,88,110,112,122,150,156,159,155,146,137,Insurance Insurance-Brokers,78,85,65,40,87,179,142,134,158,166,128,87,89,87,Insurance Machinery-Gen Industrial,79,65,52,50,43,49,62,84,76,82,77,82,86,89,Machinery Oil&Gas-Intl Specialty,80,53,63,53,66,36,45,65,72,90,78,63,51,55,Energy Retail-Misc/Diversified,81,92,110,110,82,104,98,86,91,106,105,104,120,134,Retail Auto/Truck-Replace Prts,82,61,106,120,114,153,108,68,67,50,66,130,180,185,Auto&Parts Machinery-Mtl Hdlg/Autmn,83,73,44,44,42,25,39,52,64,60,44,64,70,94,Business Prd Finance-Publ Inv Fd-Frn,84,102,93,93,96,82,49,62,52,51,51,50,49,54,Finance Bldg-Resident/Commrcl,85,110,89,94,94,73,90,107,138,138,154,172,164,141,Building Machine-Tools & Rel Prod,86,144,146,176,145,129,139,100,88,99,120,125,91,88,Machinery Bldg-A/C & Heating Prds,87,74,47,38,123,117,156,172,172,177,181,186,193,192,Building Finance-Savings & Loan,88,106,113,130,169,166,169,165,156,155,169,166,150,132,Svgs & Ln Computer-Services,89,108,90,67,62,40,23,15,19,17,11,11,10,7,Computers Banks-West/Southwest,90,113,104,127,154,160,152,143,135,132,133,131,125,102,Banks Medical/Dental-Supplies,91,62,45,73,80,95,121,112,103,92,107,86,94,109,Medical Utility-Gas Distribution,92,88,91,80,107,96,104,111,104,104,101,88,92,91,Utility Hsehold/Office Furniture,93,99,105,92,122,109,127,124,108,122,130,136,143,156,Consumer Household-Housewares,94,103,149,105,165,177,185,187,176,171,173,177,176,176,Consumer Retail/Wholesale-Food,95,69,81,43,85,88,99,131,155,158,171,159,159,168,Food/Bev Retail-Consumer Elect,96,155,132,103,37,23,70,58,93,119,153,95,75,46,Retail Internet-Ntwk Sec/Sltns,97,160,95,109,81,54,22,9,6,3,4,3,3,2,Internet Auto/Truck-Original Eqp,98,95,72,68,64,80,84,106,99,115,140,132,167,175,Auto&Parts Transportation-Svcs,99,128,117,132,91,122,118,123,105,80,89,61,64,78,Transport Bldg-Heavy Const,100,84,37,13,6,11,38,59,57,65,73,97,95,107,Building Houshold-Audio/Video,101,58,73,52,50,24,31,42,32,31,37,37,36,37,Consumer Fin-Pub Trd Inv Fd-Eqt,102,90,107,128,117,98,74,63,59,61,58,60,52,52,Finance Insurance-Acc & Health,103,148,155,138,193,184,186,181,190,183,178,190,184,179,Insurance Utility-Electric Power,104,89,86,87,93,124,134,130,123,113,118,124,133,129,Utility Retail-Mail Order&Direct,105,63,85,90,143,133,135,79,80,59,61,66,84,59,Retail Diversified Operations,106,119,76,57,44,48,56,73,54,57,56,67,65,74,Misc Leisure-Movies & Related,107,81,97,98,75,69,65,49,44,53,57,57,72,63,Leisure Food-Canned,108,124,145,155,181,186,180,189,193,194,195,195,194,189,Food/Bev Tobacco,109,51,51,111,171,188,194,196,192,189,189,180,181,182,Alcohol/Tob Banks-Northeast,110,126,137,143,150,171,162,151,142,145,155,157,144,138,Banks Media-Newspapers,111,91,123,107,100,108,138,128,114,112,87,114,101,95,Print/Pub Telecommunctns-Cellulr,112,174,126,158,115,67,24,24,26,24,18,14,12,10,Telecomm Beverages-Soft Drinks,113,96,109,142,108,137,143,150,137,129,117,143,151,167,Food/Bev Comml Svcs-Advertising,114,121,156,102,97,72,88,45,35,32,29,20,18,21,Print/Pub Fin-Pub Trd Inv Fd-Bond,115,117,131,144,168,154,151,144,128,121,136,156,161,164,Finance Retail-Home Furnishings,116,169,171,161,161,159,150,164,187,186,190,184,191,165,Retail Telecommunications-Svcs,117,136,118,101,92,66,26,20,21,22,19,22,21,24,Telecomm Aerospace/Defense,118,120,67,71,104,114,182,195,197,197,197,197,196,195,Aircraft Transportation-Equip Mfg,119,109,168,164,138,144,164,166,152,170,186,191,190,187,Electronics Media-Periodicals,120,80,136,159,152,181,120,93,92,84,83,85,123,150,Print/Pub Financial Services-Misc,121,159,92,108,102,113,95,75,71,68,70,56,61,44,Finance Oil&Gas-Intl Integrated,122,104,112,99,137,115,136,137,167,179,175,158,142,120,Energy Retail/Whlsle-Bldg Prods,123,122,152,85,36,64,59,96,117,88,86,90,98,68,Building Finance-Mrtg&Rel Svc,124,137,163,180,174,185,174,146,129,126,141,153,172,151,Finance Medical-Drug/Diversified,125,98,79,83,119,155,133,156,162,175,158,128,129,131,Medical Comml Svcs-Linen Supply,126,154,153,124,163,165,177,191,196,196,196,194,195,196,Business Svc Food-Flour & Grain,127,127,142,178,192,194,196,197,195,195,194,193,188,183,Food/Bev Computer-Peripheral Eq,128,72,80,72,73,44,27,6,8,11,12,12,14,17,Computers Office-Equip & Automatn,129,151,144,134,118,77,87,82,81,74,103,152,170,127,Office Computer-Integrated Syst,130,87,83,79,59,45,54,22,15,21,22,25,24,25,Computers Banks-Super Regional,131,133,103,125,162,174,161,155,180,185,176,150,173,160,Banks Comml Svcs-Printing,132,141,150,106,133,127,85,94,84,98,92,99,105,103,Print/Pub Retail-Drug Stores,133,152,108,117,128,156,149,176,178,168,160,189,192,188,Retail Utility-Telephone,134,130,120,97,86,65,60,54,53,58,46,44,39,38,Telecomm Oil&Gas-U S Integrated,135,114,101,78,109,132,147,163,175,193,193,183,157,123,Energy Food-Meat Products,136,107,128,118,135,176,190,186,171,192,187,192,189,181,Food/Bev Banks-Foreign,137,116,135,166,156,128,117,118,95,87,82,84,88,96,Banks Steel-Specialty Alloys,138,145,116,112,151,178,181,192,191,182,164,165,178,193,Steel Transportation-Truck,139,115,99,82,55,76,69,101,107,107,97,116,102,117,Transport Machinery-Const/Mining,140,93,139,171,172,157,189,177,188,180,179,185,177,190,Machinery Bldg-Maintenance & Svc,141,132,122,123,146,172,175,149,124,128,161,175,182,186,Misc Retail-Super/Mini Mkts,142,138,129,121,129,139,125,141,143,116,116,101,112,111,Retail Computer Softwre-Desktop,143,140,143,156,84,68,30,17,13,26,10,5,7,6,Computers Banks-Money Center,144,161,148,148,160,161,86,110,136,167,172,147,174,157,Banks Finance-Consumr/Comml,145,143,138,153,147,138,140,114,87,85,79,71,80,70,Finance Internet-Software,146,183,187,196,194,121,113,18,10,9,3,2,2,1,Internet Food-Confectionery,147,134,127,137,177,183,154,154,157,144,109,76,121,128,Food/Bev Beverages-Alcoholic,148,131,111,122,125,135,148,157,125,130,129,112,100,105,Alcohol/Tob Finance-Mortgage Reit,149,118,133,140,155,168,176,171,160,164,166,170,165,174,Finance Bldg-Cement/Concrt/Ag,150,123,74,62,76,97,124,135,134,146,138,148,131,139,Building Containers,151,146,141,113,113,123,159,161,164,162,170,164,149,166,Misc Banks-Midwest,152,156,161,175,186,182,171,174,161,157,162,168,154,125,Banks Cosmetics/Personal Care,153,100,100,116,105,116,115,105,77,77,94,92,99,147,Consumer Transportation-Rail,154,147,151,152,164,175,166,173,183,181,183,181,183,178,Transport Bldg-Paint & Allied Prds,155,158,159,170,180,150,144,139,153,152,167,161,156,162,Misc Banks-Southeast,156,157,164,177,189,192,188,183,169,165,168,160,148,145,Banks Chemicals-Plastic,157,105,102,88,65,47,50,57,50,46,48,58,83,71,Chemicals Media-Radio/TV,158,165,165,126,101,84,78,67,49,45,34,31,25,22,Leisure Utility-Water Supply,159,150,157,172,167,169,130,138,119,120,104,72,58,50,Utility Transport-Air Freight,160,162,174,163,132,120,158,136,131,150,131,123,71,48,Transport Retail-Department Stores,161,171,178,154,157,134,122,140,165,174,165,154,139,143,Retail Computer Softw-Educ/Entr,162,168,191,194,196,173,184,60,65,67,63,49,37,26,Computers Paper & Paper Products,163,149,121,70,71,91,102,120,116,93,88,102,77,84,Misc Textile-Mill/Hsehold,164,179,162,115,111,148,183,178,181,160,149,163,160,170,Consumer Auto Mfrs-Foreign,165,172,177,141,120,87,76,109,132,135,145,105,108,97,Auto&Parts Chemicals-Basic,166,153,167,162,131,141,96,126,141,117,127,103,59,72,Chemicals Media-Cable TV,167,142,130,86,69,55,42,33,30,28,28,27,28,27,Leisure Funeral Svcs & Rel,168,166,182,188,190,193,192,188,179,176,184,182,186,191,Consumer Mining -Gems,169,173,184,179,185,197,197,193,166,141,157,94,93,85,Consumer Comml-Leasing Cos,170,178,176,150,126,125,103,97,85,76,65,54,62,56,Finance Bldg-Hand Tools,171,164,147,160,148,131,170,185,189,190,191,179,179,180,Misc Machinery-Farm,172,163,158,151,140,164,163,167,147,133,113,91,66,90,Agriculture Metal Prod-Distributor,173,139,170,165,179,119,146,127,113,163,152,127,115,158,Business Svc Office Supplies Mfg,174,176,175,135,149,163,137,159,148,131,156,138,147,159,Office Household-Appliances,175,181,172,145,144,140,145,158,154,149,91,98,138,144,Consumer Auto/Truck-Tires & Misc,176,180,160,173,170,170,178,182,184,188,180,187,185,184,Auto&Parts Leisure-Services,177,125,125,131,136,111,116,108,79,86,71,68,55,83,Leisure Computer Software-Fin,178,167,166,191,99,61,33,30,28,29,33,33,31,28,Computers Retail-Major Disc Chains,179,193,192,185,116,92,94,95,111,124,95,75,82,79,Retail Metal Ores-Misc,180,186,185,174,166,151,111,98,75,72,64,113,78,82,Mining Leisure-Toys/Games/Hobby,181,187,190,193,195,195,195,184,146,127,106,109,73,58,Consumer Trucks & Parts-Hvy Duty,182,182,181,167,153,149,168,175,186,184,188,178,163,177,Auto&Parts Metal Ores-Gold/Silver,183,175,154,184,187,196,193,179,139,142,139,149,81,93,Mining Retail/Wholesale-Jewelry,184,188,188,190,127,107,119,102,121,110,75,55,48,43,Retail Bldg Prod-Wood,185,185,183,181,158,126,109,129,163,143,151,140,107,73,Building Soap & Clng Preparatns,186,170,173,169,182,191,165,162,174,173,147,108,56,60,Misc Medical-Nursing Homes,187,135,84,146,130,93,129,194,170,191,192,196,197,197,Medical Retail/Whlsle-Auto Parts,188,189,179,183,191,190,191,190,194,187,185,174,162,161,Auto&Parts Chemicals-Fertilizers,189,177,169,119,112,130,172,169,177,161,142,141,111,163,Agriculture Bldg-Mobile/Mfg & RV,190,191,180,186,184,162,179,180,185,178,182,173,168,172,Building Steel-Producers,191,184,186,149,110,102,73,88,94,89,84,69,57,57,Steel Computer Software-Med,192,190,196,187,188,145,141,61,43,38,30,35,54,45,Computers Retail/Whlse Office Supl,193,192,194,192,178,167,80,71,68,62,59,59,69,76,Retail Auto Mfrs-Domestic,194,195,189,182,142,136,131,148,144,139,135,100,122,142,Auto&Parts Metal Ores-Non Ferrous,195,194,193,189,183,187,187,168,182,159,119,89,67,67,Mining Internet-ISP/Content,196,196,195,195,159,100,101,28,22,19,15,10,13,11,Internet Internet-E Commerce,197,197,197,197,197,147,167,43,34,34,31,26,19,15,Internet ______________________________________________ FREE Personalized Email at Mail.com Sign up at http://www.mail.com/?sr=signup - ------------------------------------------------------------------------------- From: Rocky Sanghvi Subject: RE: [CANSLIM] NICE B/O Date: 18 Jul 2000 09:16:15 -0400 I think she is referring to NICE (Nice Systems Ltd Adr). Rakesh -----Original Message----- Sent: Tuesday, July 18, 2000 6:05 AM Which stock? ----- Original Message ----- Sent: Monday, July 17, 2000 9:34 PM Any opinions? IBD 98 93 A A B, It broke out from a handle (or B3) on > 300% volume.. Anna Kent Norman on 07/17/2000 11:49:23 PM Please respond to canslim@lists.xmission.com cc: As a second opinion, I use technical analysis. These are the ones that score 100 IVIS ATMS ACLNF ALTR BEIQ CMTN DRAM ELNT PLXS PLXT PWER QGENF SDLI SMTC TA TECD TNL Kent Tim Fisher wrote: > > HGS list for this week. Wow, it got huge. Many more stocks than any time > this year that I can recall. > > ACDO ACLNF ADI ALTR AMCC APH ASML AUDC > BEIQ BJS BRCM CDT CDWC CHP CMTN CPN > DIAN DLTR DRAM ELNT EMC ERICY EXTR FII > FLEX ICUI IMPH JBL LEH LFUS LTRE MCRL > MSS MWD NEWP NSIT NUHC NVLS ORBK PCCC > PENG PHCC PLT PLXS PLXT PMCS PRLX PWER > QGENF SAMN SCH SCOR SDLI SFA SHFL SMTC > TA TECD TLGD TNL UNH WAT XLTC > > Tim Fisher > Ore-Rock-On and Pacific Fishery Biologists WWW Sites > > Tim@OreRockOn.com > WWW: http://OreRockOn.com > See naked fish and rocks! > > - - - - - ------------------------------------------------------------------------------- From: Tim Fisher Subject: Re: [CANSLIM] CMTNt Date: 18 Jul 2000 08:08:23 -0700 The market needed an excuse to sell off and all these techs not smashing earnings estimates is the excuse. NAZ has gone too far too fast and needs to rest for a while. Don't listen to the reports blaming it on the CPI - this is a technical selloff. Companies that had the misfortune to report last night are the ones taking it on the chin for the good of the market today. CMTN is probably a screaming buy at 99, but who knows? Per WON if you bought the b/o at 99 you'd still be in it this AM. If you don't own it then you wouldn't be buying it now. On 03:08 AM 7/18/00, Mike Lucero Said: >I think IBD says that most stocks fall back to near the pivot after a >breakout and it's a second chance to buy them. I wouldn't count the after >hours trading. See what it does tomorrow. I own it, too. > >Mike >----- Original Message ----- >From: >To: >Sent: Monday, July 17, 2000 9:23 PM >Subject: Re: [CANSLIM] CMTNt > > I have not lived through this scenario before and am not sure how to >handle it. When a company reports better than expected earnings and matches >earnings whispers but the stockn sells off back to the B/O level, is this a >buying opportunity? > >Anna Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - ------------------------------------------------------------------------------- From: Tim Fisher Subject: Re: [CANSLIM]Brokerages (News Events) Date: 18 Jul 2000 08:10:12 -0700 Read HTMMIS closely, the breakouts on no news are due to institutional or hedge fund buying and are often stronger, run longer and farther, and are less prone to failure than those driven by earnings, news, or brokerages. Given a choice I'll buy the no-apparent-reason b/o every time. On 05:40 AM 7/18/00, chris dempsey Said: >I think that news + a breakout (or even a near break out) is a GREAT time to >buy a stock! > >News + a breakout + a brokerage upgrade is also a GREAT time to buy a stock! > >A brokerage upgrade (by itself) causing a breakout is NOT a good time to buy >a stock. > >The problem is at lunch time when I buy most of my stocks many times I >cannot find a reason why a stock is up on high volume. I will still buy the >stock and try to find out later, and adjust accordingly. > >From: Eric Shen [eshen@level1.com] >Sent: Wednesday, July 12, 2000 4:55 PM >To: canslim@lists.xmission.com >Subject: Re: [CANSLIM]Brokerages > > >Hmm.. this is an interesting thought. >If we shouldn't buy on the news, then shouldn't the best time to buy >during the lull between the spate of earning reports? > >I was under the impression that if a company announces good earnings >and the stock breaks out on good volume, then that's good. > >Comments? >Eric > > >Rocky Sanghvi wrote: > > > > Anna: > > > > Actually this represents a important point. IMHO, The M seems to be > > indicating a rally ahead if brokerages are doing well. I always keep in > > mind what WON said "Pay attention to what the M have already done..." > > > > Rakesh. > > > > -----Original Message----- > > From: asosis@ca.ibm.com [mailto:asosis@ca.ibm.com] > > Sent: Wednesday, July 12, 2000 5:21 PM > > To: canslim@lists.xmission.com > > Subject: Re: [CANSLIM]Brokerages > > > > I agree that the best way to buy a b/o when it happens without news. > > Brokerages rallied on the announcement today. However, some had valid > > setups prior to today: MER, AGE, LEH, LM...... One point of view: avoid > > the breakouts we are seeing today because they are news driven. Second > > point of view: MER and AGE broke out last week (or somewhere there... > > definitely not today).. Therefore we have valid leadership in the group so > > it is ok to buy. > > > > What do you think? > > > > Anna > > >______________________________________________ >FREE Personalized Email at Mail.com >Sign up at http://www.mail.com/?sr=signup > > >- Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - ------------------------------------------------------------------------------- From: Tim Fisher Subject: RE: [CANSLIM] NICE B/O Date: 18 Jul 2000 08:13:33 -0700 I wouldn't touch this one with a $100M lawsuit hanging over their heads. There is also going to be resistance from here to 100, 15 points ahead. On 06:16 AM 7/18/00, Rocky Sanghvi Said: >I think she is referring to NICE (Nice Systems Ltd Adr). > >Rakesh > > > >-----Original Message----- >From: Mike Lucero [mailto:mikelu@bazillion.com] >Sent: Tuesday, July 18, 2000 6:05 AM >To: canslim@lists.xmission.com >Subject: Re: [CANSLIM] NICE B/O > > >Which stock? >----- Original Message ----- >From: >To: >Sent: Monday, July 17, 2000 9:34 PM >Subject: [CANSLIM] NICE B/O > >Any opinions? IBD 98 93 A A B, It broke out from a handle (or B3) on > >300% volume.. > >Anna > >Kent Norman on 07/17/2000 11:49:23 PM > >Please respond to canslim@lists.xmission.com > >To: canslim@lists.xmission.com >cc: >Subject: Re: [CANSLIM] HGS watch list > >As a second opinion, I use technical analysis. These are the ones that >score 100 > >IVIS ATMS ACLNF ALTR BEIQ CMTN DRAM ELNT PLXS PLXT PWER QGENF SDLI SMTC >TA TECD TNL > >Kent > >Tim Fisher wrote: > > > > HGS list for this week. Wow, it got huge. Many more stocks than any time > > this year that I can recall. > > > > ACDO ACLNF ADI ALTR AMCC APH ASML AUDC > > BEIQ BJS BRCM CDT CDWC CHP CMTN CPN > > DIAN DLTR DRAM ELNT EMC ERICY EXTR FII > > FLEX ICUI IMPH JBL LEH LFUS LTRE MCRL > > MSS MWD NEWP NSIT NUHC NVLS ORBK PCCC > > PENG PHCC PLT PLXS PLXT PMCS PRLX PWER > > QGENF SAMN SCH SCOR SDLI SFA SHFL SMTC > > TA TECD TLGD TNL UNH WAT XLTC > > > > Tim Fisher > > Ore-Rock-On and Pacific Fishery Biologists WWW Sites > > > > Tim@OreRockOn.com > > WWW: http://OreRockOn.com > > See naked fish and rocks! > > > > - > >- > >- > >- > >- Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - ------------------------------------------------------------------------------- From: Kent Norman Subject: Re: [CANSLIM] HGS watch list Date: 18 Jul 2000 10:31:42 -0500 There are many players in the market, some use models based on various technical indicators. When I find the combination of nice CANSLIM and technical, I feel the stock has a better chance of broad based support. I use Barchart.com to rate the various technicals and focus on the 100% and 96% picks that have already passed the CANSLIM screen. Here is the URL: http://quotes.barchart.com/texpert.asp?sym=RHI&code=BSTK Select opinion I look at the overall average. In this example RHI rates an 88 Regards Kent chris dempsey wrote: > > How do you figure? > > From: Kent Norman [gsnake@flash.net] > Sent: Monday, July 17, 2000 10:49 PM > To: canslim@lists.xmission.com > Subject: Re: [CANSLIM] HGS watch list > > As a second opinion, I use technical analysis. These are the ones that > score 100 > > IVIS ATMS ACLNF ALTR BEIQ CMTN DRAM ELNT PLXS PLXT PWER QGENF SDLI SMTC > TA TECD TNL > > Kent > > Tim Fisher wrote: > > > > HGS list for this week. Wow, it got huge. Many more stocks than any time > > this year that I can recall. > > > > ACDO ACLNF ADI ALTR AMCC APH ASML AUDC > > BEIQ BJS BRCM CDT CDWC CHP CMTN CPN > > DIAN DLTR DRAM ELNT EMC ERICY EXTR FII > > FLEX ICUI IMPH JBL LEH LFUS LTRE MCRL > > MSS MWD NEWP NSIT NUHC NVLS ORBK PCCC > > PENG PHCC PLT PLXS PLXT PMCS PRLX PWER > > QGENF SAMN SCH SCOR SDLI SFA SHFL SMTC > > TA TECD TLGD TNL UNH WAT XLTC > > ______________________________________________ > FREE Personalized Email at Mail.com > Sign up at http://www.mail.com/?sr=signup > > - - ------------------------------------------------------------------------------- From: BIKEAR@aol.com Subject: Re: [CANSLIM] brokers-again?help Date: 18 Jul 2000 15:19:30 EDT I don't think that suretrade has stops on the nas....hey guys could you please tell me who I can look at that have stops on the nas plus a page that keeps up with your losses and gains when you sell.....which oneline broker would have these? jan - ------------------------------------------------------------------------------- From: Subject: Re: [CANSLIM] brokers-again?help Date: 18 Jul 2000 12:37:51 -0700 Hi Jan, I believe Schwab does. Ziggy BIKEAR@aol.com wrote: > I don't think that suretrade has stops on the nas....hey guys could you > please tell me who I can look at that have stops on the nas plus a page that > keeps up with your losses and gains when you sell.....which oneline broker > would have these? jan > > - - ------------------------------------------------------------------------------- From: "lynn williams" Subject: Re: [CANSLIM] brokers-again?help Date: 18 Jul 2000 12:45:47 -0400 JAN SCHWAB has all of that and more! ----- Original Message ----- Sent: Tuesday, July 18, 2000 3:19 PM > I don't think that suretrade has stops on the nas....hey guys could you > please tell me who I can look at that have stops on the nas plus a page that > keeps up with your losses and gains when you sell.....which oneline broker > would have these? jan > > - > - ------------------------------------------------------------------------------- From: greg ruehler Subject: [CANSLIM] Inflexion point for CMTN Date: 18 Jul 2000 12:58:08 -0700 (PDT) Can someone give me a good entry point level on CMTN based on current support levels over the last few months, etc. People who have been following this closely, could help me out here. Is this a buy here or is there more drop to a previous support level. Rgds, Greg __________________________________________________ Do You Yahoo!? Get Yahoo! Mail – Free email you can access from anywhere! http://mail.yahoo.com/ - ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM]Brokerages (News Events) Date: 18 Jul 2000 20:54:27 -0400 If the news is better than expected earnings, and the breakout is because of better than expected earnings, and the upgrade is based largely on (you got it) better than expected earnings, then you have a single event, not three. And this is often the case. I have often looked at a Daily Graphs chart of a stock in this situation, and shook my head and asked why the broker dealer waited for the breakout to upgrade the stock, as earnings had been showing similar patterns for several qtrs. The "surprise" was often only for those that don't pay attention to accelerating earnings and revenues. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html ----- Original Message ----- Sent: Tuesday, July 18, 2000 8:40 AM I think that news + a breakout (or even a near break out) is a GREAT time to buy a stock! News + a breakout + a brokerage upgrade is also a GREAT time to buy a stock! A brokerage upgrade (by itself) causing a breakout is NOT a good time to buy a stock. The problem is at lunch time when I buy most of my stocks many times I cannot find a reason why a stock is up on high volume. I will still buy the stock and try to find out later, and adjust accordingly. Sent: Wednesday, July 12, 2000 4:55 PM Hmm.. this is an interesting thought. If we shouldn't buy on the news, then shouldn't the best time to buy during the lull between the spate of earning reports? I was under the impression that if a company announces good earnings and the stock breaks out on good volume, then that's good. Comments? Eric Rocky Sanghvi wrote: > > Anna: > > Actually this represents a important point. IMHO, The M seems to be > indicating a rally ahead if brokerages are doing well. I always keep in > mind what WON said "Pay attention to what the M have already done..." > > Rakesh. > > -----Original Message----- > From: asosis@ca.ibm.com [mailto:asosis@ca.ibm.com] > Sent: Wednesday, July 12, 2000 5:21 PM > To: canslim@lists.xmission.com > Subject: Re: [CANSLIM]Brokerages > > I agree that the best way to buy a b/o when it happens without news. > Brokerages rallied on the announcement today. However, some had valid > setups prior to today: MER, AGE, LEH, LM...... One point of view: avoid > the breakouts we are seeing today because they are news driven. Second > point of view: MER and AGE broke out last week (or somewhere there... > definitely not today).. Therefore we have valid leadership in the group so > it is ok to buy. > > What do you think? > > Anna ______________________________________________ FREE Personalized Email at Mail.com Sign up at http://www.mail.com/?sr=signup - - ------------------------------------------------------------------------------- From: Earl Setser Subject: Re: [CANSLIM] NICE B/O Date: 18 Jul 2000 19:00:34 -0600 I looked at this one last night, and it looked pretty good. The handle was a bit lower than I would prefer, but everything else was in place. I didn't see how it did today.... At 12:34 AM 7/18/00 -0400, you wrote: > > >Any opinions? IBD 98 93 A A B, It broke out from a handle (or B3) on > >300% volume.. > >Anna > > >Kent Norman on 07/17/2000 11:49:23 PM > >Please respond to canslim@lists.xmission.com > >To: canslim@lists.xmission.com >cc: >Subject: Re: [CANSLIM] HGS watch list > > > > >As a second opinion, I use technical analysis. These are the ones that >score 100 > >IVIS ATMS ACLNF ALTR BEIQ CMTN DRAM ELNT PLXS PLXT PWER QGENF SDLI SMTC >TA TECD TNL > >Kent > > >Tim Fisher wrote: >> >> HGS list for this week. Wow, it got huge. Many more stocks than any time >> this year that I can recall. >> >> ACDO ACLNF ADI ALTR AMCC APH ASML AUDC >> BEIQ BJS BRCM CDT CDWC CHP CMTN CPN >> DIAN DLTR DRAM ELNT EMC ERICY EXTR FII >> FLEX ICUI IMPH JBL LEH LFUS LTRE MCRL >> MSS MWD NEWP NSIT NUHC NVLS ORBK PCCC >> PENG PHCC PLT PLXS PLXT PMCS PRLX PWER >> QGENF SAMN SCH SCOR SDLI SFA SHFL SMTC >> TA TECD TLGD TNL UNH WAT XLTC >> >> Tim Fisher >> Ore-Rock-On and Pacific Fishery Biologists WWW Sites >> >> Tim@OreRockOn.com >> WWW: http://OreRockOn.com >> See naked fish and rocks! >> >> - > >- > > > > > >- > > > - ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] CMTN Date: 18 Jul 2000 21:05:45 -0400 I agree with Tim, the CPI #s are not the problem, they were quite decent actually. The Motley Fool did not help with CMTN today as the following was posted before the market opened (my ISP had it at 8:49 AM) COPPER MOUNTAIN DULLING? The networking equipment maker beat estimates last night, turning in strong margin numbers, but still missed the high-end of expectations and may slide today following a weeklong run-up. By Dave Marino-Nachison Copper Mountain Networks (Nasdaq: CMTN) last night turned in second-quarter pro forma net income of $0.24 per share (excluding a stock-based compensation charge and the amortization of purchased intangibles), ahead of Wall Street's consensus by a penny but missing some analysts' estimates. Revenue rose more than 250% year-over-year to $80.2 million; sales increased 32% on a sequential basis. Gross margins improved to 54.6% from 52.8% a year ago, while operating margins nearly doubled to 19.8% from 11.1%. The company, which develops dedicated subscriber line (DSL) products that allow high-speed networking over copper wires, released several new products during the quarter. CEO Rick Gilbert said, "We expect that these products will continue to position Copper Mountain solutions as best-of-breed for the evolving business, MTU, and residential DSL markets." UBS Warburg LLC analyst Anton Wahlman told Bloomberg yesterday that some analysts were looking for EPS of as much as $0.35 and revenue of closer to $90 million. The shares moved back in after-hours trading -- not always a useful indicator because of the comparatively small volumes -- following a 40% run-up over the previous week. http://www.fool.com/m.asp?i=55386 The shares hit a 52-week high during yesterday's trading, though they closed a few points below it. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html ----- Original Message ----- Sent: Tuesday, July 18, 2000 11:08 AM The market needed an excuse to sell off and all these techs not smashing earnings estimates is the excuse. NAZ has gone too far too fast and needs to rest for a while. Don't listen to the reports blaming it on the CPI - this is a technical selloff. Companies that had the misfortune to report last night are the ones taking it on the chin for the good of the market today. CMTN is probably a screaming buy at 99, but who knows? Per WON if you bought the b/o at 99 you'd still be in it this AM. If you don't own it then you wouldn't be buying it now. On 03:08 AM 7/18/00, Mike Lucero Said: >I think IBD says that most stocks fall back to near the pivot after a >breakout and it's a second chance to buy them. I wouldn't count the after >hours trading. See what it does tomorrow. I own it, too. > >Mike >----- Original Message ----- >From: >To: >Sent: Monday, July 17, 2000 9:23 PM >Subject: Re: [CANSLIM] CMTNt > > I have not lived through this scenario before and am not sure how to >handle it. When a company reports better than expected earnings and matches >earnings whispers but the stockn sells off back to the B/O level, is this a >buying opportunity? > >Anna Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - - ------------------------------------------------------------------------------- From: "Tom Worley" Subject: [CANSLIM] CMTN Date: 18 Jul 2000 21:10:32 -0400 By the way, the sharp drop on this one today took the RS all the way down to 89. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html - ------------------------------------------------------------------------------- From: asosis@ca.ibm.com Subject: Re: [CANSLIM] Inflexion point for CMTN Date: 18 Jul 2000 22:10:00 -0400 From TradingMarkets: In Copper Mountain's case, the stock rallied 40% in the week leading up to the report.... The outlook for companies like Copper Mountain and Efficient Networks remains bright, despite this short-term retracement in price. No question in our mind that many institutional investors around the country are cheering this opportunity to pick up both stocks at discounted levels. Their only problem is determining the appropriate entry point. Considerations include both a short- and long-term market view, as well as individual support levels for the stocks... Copper Mountain currently approaching near-term support at the $96 3/4 level. A break of this line could set up a decline to much firmer support at the $78 mark, a level that we would expect stock to use to stage a double-digit rally... EFNT faces important levels at $79 (200-day moving average) and $72... Another important note concerning Copper Mountain. We wouldn't expect to see another 40%, pre-earnings moves any time soon. After beating Wall Street views by just one penny this time, it is unlikely that next quarter stock will make the final list of names that momentum players look to rally into earnings. -- Damon Southward, Briefing.com Anna greg ruehler on 07/18/2000 03:58:08 PM Please respond to canslim@lists.xmission.com cc: Can someone give me a good entry point level on CMTN based on current support levels over the last few months, etc. People who have been following this closely, could help me out here. Is this a buy here or is there more drop to a previous support level. Rgds, Greg __________________________________________________ Do You Yahoo!? Get Yahoo! Mail ? Free email you can access from anywhere! http://mail.yahoo.com/ - - ------------------------------------------------------------------------------- From: "Patrick Wahl" Subject: Re: [CANSLIM] Inflexion point for CMTN Date: 18 Jul 2000 20:17:14 -0600 I don't think there is a good entry until it stabilizes and it becomes more apparent where the price is going. Took a nearly 30 point hit today, that would certainly scare me away until things settle down, possibly forming another base. On 18 Jul 00, at 12:58, greg ruehler wrote: > Can someone give me a good entry point level on CMTN > based on current support levels over the last few > months, etc. People who have been following this > closely, could help me out here. Is this a buy here or > is there more drop to a previous support level. > > Rgds, > > Greg > > __________________________________________________ > Do You Yahoo!? > Get Yahoo! Mail =96 Free email you can access from anywhere! > http://mail.yahoo.com/ > > - > - ------------------------------------------------------------------------------- From: Kent Norman Subject: Re: [CANSLIM] Inflexion point for CMTN Date: 18 Jul 2000 21:47:40 -0500 There is an old saying that it has to stop falling before it can go back up. Patrick Wahl wrote: >=20 > I don't think there is a good entry until it stabilizes and it becomes > more apparent where the price is going. Took a nearly 30 point hit > today, that would certainly scare me away until things settle down, > possibly forming another base. >=20 > On 18 Jul 00, at 12:58, greg ruehler wrote: >=20 > > Can someone give me a good entry point level on CMTN > > based on current support levels over the last few > > months, etc. People who have been following this > > closely, could help me out here. Is this a buy here or > > is there more drop to a previous support level. > > > > Rgds, > > > > Greg > > > > __________________________________________________ > > Do You Yahoo!? > > Get Yahoo! Mail =96 Free email you can access from anywhere! > > http://mail.yahoo.com/ > > > > - > > >=20 > - - ------------------------------------------------------------------------------- From: Rocky Sanghvi Subject: RE: [CANSLIM]Specific Industry Group Rankings Date: 18 Jul 2000 09:26:27 -0400 Can someone also publish the top 5 stocks to watch in the top 10 leading groups? Thanks! This group has been extremely educational and supportive. I would like to thank all for their contributions. Rakesh. -----Original Message----- Sent: Tuesday, July 18, 2000 8:25 AM The following are the ranking of the specific industry groups from IBD on the first and 16th of each month this year. I hope this helps others as much as I believe this helps me! My account hit a year 2000 high yesterday and IRA closing in on one. ______________________________________________ FREE Personalized Email at Mail.com Sign up at http://www.mail.com/?sr=signup - - ------------------------------------------------------------------------------- From: Pritish Shah Subject: Re: [CANSLIM] CMTN Date: 19 Jul 2000 09:18:12 -0700 (PDT) BTW, someone should tell motley crew that DSL stands for digital subscriber line and not dedicated subscriber line. Aren't these people supposed to favor tech/internet stocks over others? Regards, Shah 408-525-4263 On Tue, 18 Jul 2000, Tom Worley wrote: > I agree with Tim, the CPI #s are not the problem, they were quite > decent actually. > > The Motley Fool did not help with CMTN today as the following was > posted before the market opened (my ISP had it at 8:49 AM) > > COPPER MOUNTAIN DULLING? > > The networking equipment maker beat estimates last night, > turning in strong margin numbers, but still missed the high-end > of expectations and may slide today following a weeklong run-up. > > By Dave Marino-Nachison > > Copper Mountain Networks (Nasdaq: CMTN) last night turned in > second-quarter pro forma net income of $0.24 per share > (excluding a stock-based compensation charge and the > amortization of purchased intangibles), ahead of Wall Street's > consensus by a penny but missing some analysts' estimates. > > Revenue rose more than 250% year-over-year to $80.2 million; > sales increased 32% on a sequential basis. Gross margins > improved to 54.6% from 52.8% a year ago, while operating margins > nearly doubled to 19.8% from 11.1%. > > The company, which develops dedicated subscriber line (DSL) > products that allow high-speed networking over copper wires, > released several new products during the quarter. CEO Rick > Gilbert said, "We expect that these products will continue to > position Copper Mountain solutions as best-of-breed for the > evolving business, MTU, and residential DSL markets." > > UBS Warburg LLC analyst Anton Wahlman told Bloomberg yesterday > that some analysts were looking for EPS of as much as $0.35 and > revenue of closer to $90 million. The shares moved back in > after-hours trading -- not always a useful indicator because of > the comparatively small volumes -- following a 40% run-up over > the previous week. > http://www.fool.com/m.asp?i=55386 > > The shares hit a 52-week high during yesterday's trading, though > they closed a few points below it. > > Tom Worley > stkguru@netside.net > chat with me at ICQ # 5568838 > get ICQ software at http://www.icq.com/icqhomepage.html > > > ----- Original Message ----- > From: Tim Fisher > To: > Sent: Tuesday, July 18, 2000 11:08 AM > Subject: Re: [CANSLIM] CMTNt > > > The market needed an excuse to sell off and all these techs not > smashing > earnings estimates is the excuse. NAZ has gone too far too fast > and needs > to rest for a while. Don't listen to the reports blaming it on > the CPI - > this is a technical selloff. Companies that had the misfortune to > report > last night are the ones taking it on the chin for the good of the > market > today. CMTN is probably a screaming buy at 99, but who knows? Per > WON if > you bought the b/o at 99 you'd still be in it this AM. If you > don't own it > then you wouldn't be buying it now. > > On 03:08 AM 7/18/00, Mike Lucero Said: > >I think IBD says that most stocks fall back to near the pivot > after a > >breakout and it's a second chance to buy them. I wouldn't count > the after > >hours trading. See what it does tomorrow. I own it, too. > > > >Mike > >----- Original Message ----- > >From: > >To: > >Sent: Monday, July 17, 2000 9:23 PM > >Subject: Re: [CANSLIM] CMTNt > > > > I have not lived through this scenario before and am not sure > how to > >handle it. When a company reports better than expected earnings > and matches > >earnings whispers but the stockn sells off back to the B/O > level, is this a > >buying opportunity? > > > >Anna > > Tim Fisher > Ore-Rock-On and Pacific Fishery Biologists WWW Sites > > Tim@OreRockOn.com > WWW: http://OreRockOn.com > See naked fish and rocks! > > > - > > > > - > > - ------------------------------------------------------------------------------- From: Pritish Shah Subject: [CANSLIM] Test - ignore Date: 19 Jul 2000 09:43:47 -0700 (PDT) - ------------------------------------------------------------------------------- From: Stuart_Clemons@lotus.com Subject: [CANSLIM] Comments on EMC ? Date: 19 Jul 2000 10:39:48 -0400 Hi all: Anyone have any comments or analysis of EMC's chart ? As I write this, EMC is up 4 1/4 at 82 7/8, right around it's 52 week high. Volume appears to be running at an above average rate at around 5mil after 1 hour & 20 minutes of trading. (the Microsoft MSN money site shows ave vol to be 9.3 mil) From today's IBD: 97 90 A A B Disc: I don't own EMC (yet). - Stuart - ------------------------------------------------------------------------------- From: Tim Fisher Subject: [CANSLIM] DIAN b/o (1 day late) Date: 19 Jul 2000 09:58:34 -0700 DIAN is confirming yesterday's breakout off a decent C&H (short, wide handle, Peter). Pretty impressive considering "M". I had cash but didn't have time to check it. About 12% extended now. Discl: I'm in as of early this AM. Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - ------------------------------------------------------------------------------- From: Tim Fisher Subject: Re: [CANSLIM] Comments on EMC ? Date: 19 Jul 2000 10:12:07 -0700 I had to choose between it and DIAN this AM. Chose DIAN for the chart. EMC's cup is very shallow, even for a saucer, it hasn't formed even a rudimentary handle, and doesn't have that look of kicking out the weak holders to it. I.e. there could be considerable resistance around 83. A better buy-in point for EMC would have been the "stealth" b/o on 6/16. Plus they reported last nite, and this is a news-related b/o attempt (notice I said attempt - it still hasn't stayed above the pivot for more than a few seconds so far today). DIAN is breaking out for no apparent reason other than it is associated with genomics AFAIK. On 07:39 AM 7/19/00, Stuart_Clemons@lotus.com Said: >Hi all: > >Anyone have any comments or analysis of EMC's chart ? > >As I write this, EMC is up 4 1/4 at 82 7/8, right around it's 52 week high. >Volume appears to be running at an above average rate at around 5mil after >1 hour & 20 minutes of trading. (the Microsoft MSN money site shows ave >vol to be 9.3 mil) > > From today's IBD: 97 90 A A B > >Disc: I don't own EMC (yet). > >- Stuart > > >- Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - ------------------------------------------------------------------------------- From: Rocky Sanghvi Subject: RE: [CANSLIM] Comments on EMC ? Date: 19 Jul 2000 13:36:18 -0400 Personally I am tempted to stay away from stocks with such high PE's and go after the smaller caps. The only "big" cap I own is SEBL. Yet, EMC is the leader in its field. -----Original Message----- Sent: Wednesday, July 19, 2000 10:40 AM Hi all: Anyone have any comments or analysis of EMC's chart ? As I write this, EMC is up 4 1/4 at 82 7/8, right around it's 52 week high. Volume appears to be running at an above average rate at around 5mil after 1 hour & 20 minutes of trading. (the Microsoft MSN money site shows ave vol to be 9.3 mil) From today's IBD: 97 90 A A B Disc: I don't own EMC (yet). - Stuart - - ------------------------------------------------------------------------------- From: BIKEAR@aol.com Subject: Re: [CANSLIM] brokers-again?help Date: 19 Jul 2000 08:05:22 EDT I think that schwab is good but I am not willing to pay the price...the preferred trade looks good and only 15...thanks any more suggestions - ------------------------------------------------------------------------------- From: chris dempsey Subject: Re: [CANSLIM] HGS watch list Date: 19 Jul 2000 08:17:10 -0400 (EDT) Thanks for the web site. Your example is showing me a score of 100. Am I reading this correctly? Do the numbers move this much in one day? Sent: Tuesday, July 18, 2000 10:32 AM There are many players in the market, some use models based on various technical indicators. When I find the combination of nice CANSLIM and technical, I feel the stock has a better chance of broad based support. I use Barchart.com to rate the various technicals and focus on the 100% and 96% picks that have already passed the CANSLIM screen. Here is the URL: http://quotes.barchart.com/texpert.asp?sym=RHI&code=BSTK Select opinion I look at the overall average. In this example RHI rates an 88 Regards Kent chris dempsey wrote: > > How do you figure? > > From: Kent Norman [gsnake@flash.net] > Sent: Monday, July 17, 2000 10:49 PM > To: canslim@lists.xmission.com > Subject: Re: [CANSLIM] HGS watch list > > As a second opinion, I use technical analysis. These are the ones that > score 100 > > IVIS ATMS ACLNF ALTR BEIQ CMTN DRAM ELNT PLXS PLXT PWER QGENF SDLI SMTC > TA TECD TNL > > Kent > > Tim Fisher wrote: > > > > HGS list for this week. Wow, it got huge. Many more stocks than any time > > this year that I can recall. > > > > ACDO ACLNF ADI ALTR AMCC APH ASML AUDC > > BEIQ BJS BRCM CDT CDWC CHP CMTN CPN > > DIAN DLTR DRAM ELNT EMC ERICY EXTR FII > > FLEX ICUI IMPH JBL LEH LFUS LTRE MCRL > > MSS MWD NEWP NSIT NUHC NVLS ORBK PCCC > > PENG PHCC PLT PLXS PLXT PMCS PRLX PWER > > QGENF SAMN SCH SCOR SDLI SFA SHFL SMTC > > TA TECD TLGD TNL UNH WAT XLTC ______________________________________________ FREE Personalized Email at Mail.com Sign up at http://www.mail.com/?sr=signup - ------------------------------------------------------------------------------- From: chris dempsey Subject: Re: [CANSLIM]News Events Date: 19 Jul 2000 08:03:25 -0400 (EDT) I don't remember reading this. Please tell me where I can find this in WON's books. I believe I've had decent results. Although I can't say that I kept good records of which stocks were purchased at news events. The ones that haven't worked out are history. Sent: Tuesday, July 18, 2000 10:10 AM Read HTMMIS closely, the breakouts on no news are due to institutional or hedge fund buying and are often stronger, run longer and farther, and are less prone to failure than those driven by earnings, news, or brokerages. Given a choice I'll buy the no-apparent-reason b/o every time. On 05:40 AM 7/18/00, chris dempsey Said: >I think that news + a breakout (or even a near break out) is a GREAT time to >buy a stock! > >News + a breakout + a brokerage upgrade is also a GREAT time to buy a stock! > >A brokerage upgrade (by itself) causing a breakout is NOT a good time to buy >a stock. > >The problem is at lunch time when I buy most of my stocks many times I >cannot find a reason why a stock is up on high volume. I will still buy the >stock and try to find out later, and adjust accordingly. > >From: Eric Shen [eshen@level1.com] >Sent: Wednesday, July 12, 2000 4:55 PM >To: canslim@lists.xmission.com >Subject: Re: [CANSLIM]Brokerages > > >Hmm.. this is an interesting thought. >If we shouldn't buy on the news, then shouldn't the best time to buy >during the lull between the spate of earning reports? > >I was under the impression that if a company announces good earnings >and the stock breaks out on good volume, then that's good. > >Comments? >Eric > > >Rocky Sanghvi wrote: > > > > Anna: > > > > Actually this represents a important point. IMHO, The M seems to be > > indicating a rally ahead if brokerages are doing well. I always keep in > > mind what WON said "Pay attention to what the M have already done..." > > > > Rakesh. > > > > -----Original Message----- > > From: asosis@ca.ibm.com [mailto:asosis@ca.ibm.com] > > Sent: Wednesday, July 12, 2000 5:21 PM > > To: canslim@lists.xmission.com > > Subject: Re: [CANSLIM]Brokerages > > > > I agree that the best way to buy a b/o when it happens without news. > > Brokerages rallied on the announcement today. However, some had valid > > setups prior to today: MER, AGE, LEH, LM...... One point of view: avoid > > the breakouts we are seeing today because they are news driven. Second > > point of view: MER and AGE broke out last week (or somewhere there... > > definitely not today).. Therefore we have valid leadership in the group so > > it is ok to buy. > > > > What do you think? > > > > Anna ______________________________________________ FREE Personalized Email at Mail.com Sign up at http://www.mail.com/?sr=signup - ------------------------------------------------------------------------------- From: BIKEAR@aol.com Subject: Re: [CANSLIM] brokers-again?help Date: 19 Jul 2000 07:19:41 EDT thanks - ------------------------------------------------------------------------------- From: Anthony DiLella Subject: [CANSLIM] brokers-again?help Date: 19 Jul 2000 11:31:02 -0700 (PDT) Dreyfus allows stops on Nas & NYSE stocks. Tony D.an Subject: Re: [CANSLIM] brokers-again?help I don't think that suretrade has stops on the nas....hey guys could you please tell me who I can look at that have stops on the nas plus a page that keeps up with your losses and gains when you sell.....which oneline broker would have these? jan __________________________________________________ Do You Yahoo!? Get Yahoo! Mail – Free email you can access from anywhere! http://mail.yahoo.com/ - ------------------------------------------------------------------------------- From: Tim Fisher Subject: Re: [CANSLIM]News Events Date: 19 Jul 2000 11:30:32 -0700 From IBD: More specifically, price moves often presage positive corporate news. Mutual funds, pension funds and other institutions often spot and act on promising developments before such knowledge becomes widely known. But their massive buying is hard to conceal. If a stock hits a new high on a surge in volume, there's a good chance someone clever and with deep pockets knows something. Legendary stock trader Nicolas Darvas likened buying stocks on such breakouts to making himself a ''silent partner'' of these invisible but powerful operators. On 05:03 AM 7/19/00, chris dempsey Said: >I don't remember reading this. Please tell me where I can find this in WON's >books. > >I believe I've had decent results. Although I can't say that I kept good >records of which stocks were purchased at news events. The ones that haven't >worked out are history. > >From: Tim Fisher [tim@OreRockOn.com] >Sent: Tuesday, July 18, 2000 10:10 AM >To: canslim@lists.xmission.com >Subject: Re: [CANSLIM]Brokerages (News Events) > >Read HTMMIS closely, the breakouts on no news are due to institutional or >hedge fund buying and are often stronger, run longer and farther, and are >less prone to failure than those driven by earnings, news, or brokerages. >Given a choice I'll buy the no-apparent-reason b/o every time. > >On 05:40 AM 7/18/00, chris dempsey Said: > >I think that news + a breakout (or even a near break out) is a GREAT time >to > >buy a stock! > > > >News + a breakout + a brokerage upgrade is also a GREAT time to buy a >stock! > > > >A brokerage upgrade (by itself) causing a breakout is NOT a good time to >buy > >a stock. > > > >The problem is at lunch time when I buy most of my stocks many times I > >cannot find a reason why a stock is up on high volume. I will still buy the > >stock and try to find out later, and adjust accordingly. > > > >From: Eric Shen [eshen@level1.com] > >Sent: Wednesday, July 12, 2000 4:55 PM > >To: canslim@lists.xmission.com > >Subject: Re: [CANSLIM]Brokerages > > > > > >Hmm.. this is an interesting thought. > >If we shouldn't buy on the news, then shouldn't the best time to buy > >during the lull between the spate of earning reports? > > > >I was under the impression that if a company announces good earnings > >and the stock breaks out on good volume, then that's good. > > > >Comments? > >Eric > > > > > >Rocky Sanghvi wrote: > > > > > > Anna: > > > > > > Actually this represents a important point. IMHO, The M seems to be > > > indicating a rally ahead if brokerages are doing well. I always keep in > > > mind what WON said "Pay attention to what the M have already done..." > > > > > > Rakesh. > > > > > > -----Original Message----- > > > From: asosis@ca.ibm.com [mailto:asosis@ca.ibm.com] > > > Sent: Wednesday, July 12, 2000 5:21 PM > > > To: canslim@lists.xmission.com > > > Subject: Re: [CANSLIM]Brokerages > > > > > > I agree that the best way to buy a b/o when it happens without news. > > > Brokerages rallied on the announcement today. However, some had valid > > > setups prior to today: MER, AGE, LEH, LM...... One point of view: avoid > > > the breakouts we are seeing today because they are news driven. Second > > > point of view: MER and AGE broke out last week (or somewhere there... > > > definitely not today).. Therefore we have valid leadership in the group >so > > > it is ok to buy. > > > > > > What do you think? > > > > > > Anna > > >______________________________________________ >FREE Personalized Email at Mail.com >Sign up at http://www.mail.com/?sr=signup > > >- Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - ------------------------------------------------------------------------------- From: Kent Norman Subject: Re: [CANSLIM] HGS watch list Date: 19 Jul 2000 14:23:32 -0500 Yes Chris you are correct. Today it is 100% (before market close - so effectively yesterday's numbers). It calculates on end of day data, so yes technicals can change rapidly. Really it is the same principle as a breakout. If stock XYZ breaks out on high volume, it would suddenly become more desirable that day than if it had not. Happy hunting Kent chris dempsey wrote: > > Thanks for the web site. Your example is showing me a score of 100. Am I > reading this correctly? Do the numbers move this much in one day? > > From: Kent Norman [gsnake@flash.net] > Sent: Tuesday, July 18, 2000 10:32 AM > To: canslim@lists.xmission.com > Subject: Re: [CANSLIM] HGS watch list > > There are many players in the market, some use models based on various > technical indicators. When I find the combination of nice CANSLIM and > technical, I feel the stock has a better chance of broad based support. > I use Barchart.com to rate the various technicals and focus on the 100% > and 96% picks that have already passed the CANSLIM screen. Here is the > URL: > http://quotes.barchart.com/texpert.asp?sym=RHI&code=BSTK > > Select opinion > I look at the overall average. In this example RHI rates an 88 > > Regards > Kent > > chris dempsey wrote: > > > > How do you figure? > > > > From: Kent Norman [gsnake@flash.net] > > Sent: Monday, July 17, 2000 10:49 PM > > To: canslim@lists.xmission.com > > Subject: Re: [CANSLIM] HGS watch list > > > > As a second opinion, I use technical analysis. These are the ones that > > score 100 > > > > IVIS ATMS ACLNF ALTR BEIQ CMTN DRAM ELNT PLXS PLXT PWER QGENF SDLI SMTC > > TA TECD TNL > > > > Kent > > > > Tim Fisher wrote: > > > > > > HGS list for this week. Wow, it got huge. Many more stocks than any time > > > this year that I can recall. > > > > > > ACDO ACLNF ADI ALTR AMCC APH ASML AUDC > > > BEIQ BJS BRCM CDT CDWC CHP CMTN CPN > > > DIAN DLTR DRAM ELNT EMC ERICY EXTR FII > > > FLEX ICUI IMPH JBL LEH LFUS LTRE MCRL > > > MSS MWD NEWP NSIT NUHC NVLS ORBK PCCC > > > PENG PHCC PLT PLXS PLXT PMCS PRLX PWER > > > QGENF SAMN SCH SCOR SDLI SFA SHFL SMTC > > > TA TECD TLGD TNL UNH WAT XLTC > > ______________________________________________ > FREE Personalized Email at Mail.com > Sign up at http://www.mail.com/?sr=signup > > - - ------------------------------------------------------------------------------- From: Tim Fisher Subject: [CANSLIM] DIAN non-b/o Date: 19 Jul 2000 14:20:14 -0700 Well, it did not break out. Did make a new high but did not advance 5%. The trading was wild this AM. I could have had it for 32 when I got my first real-time quote; by the time I had my order entered it was up to 34-5/8. Got all the way up to 39-3/4 during the frenzy. Made 20x ADV, probably an all-time vol hi. Anyway it closed at 34-1/2 so I'm not very far in the red yet. When the M settles down I think it will take off. Should report Friday, maybe someone knows something. Anyway watch PLT tomorrow - it reported, broke out on 5x ADV (but didn't match the intraday spike that is the high) and was kinda lost in the noise today. Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - ------------------------------------------------------------------------------- From: "Frank" Subject: Re: [CANSLIM] DIAN non-b/o Date: 19 Jul 2000 17:57:47 -0500 Tim, I didn't understnad what you meant about it making a new high but not advancing 5%. Was 5% the point where the stock advanced too far to buy from the new high or pivot point? Thanks and good luck Frank ----- Original Message ----- Sent: Wednesday, July 19, 2000 4:20 PM > Well, it did not break out. Did make a new high but did not advance 5%. The > trading was wild this AM. I could have had it for 32 when I got my first > real-time quote; by the time I had my order entered it was up to 34-5/8. > Got all the way up to 39-3/4 during the frenzy. Made 20x ADV, probably an > all-time vol hi. Anyway it closed at 34-1/2 so I'm not very far in the red > yet. When the M settles down I think it will take off. Should report > Friday, maybe someone knows something. > > Anyway watch PLT tomorrow - it reported, broke out on 5x ADV (but didn't > match the intraday spike that is the high) and was kinda lost in the noise > today. > > Tim Fisher > Ore-Rock-On and Pacific Fishery Biologists WWW Sites > > Tim@OreRockOn.com > WWW: http://OreRockOn.com > See naked fish and rocks! > > > - > > _______________________________________________ Why pay for something you could get for free? NetZero provides FREE Internet Access and Email http://www.netzero.net/download/index.html - ------------------------------------------------------------------------------- From: "Patrick Wahl" Subject: [CANSLIM] plxt Date: 19 Jul 2000 18:16:23 -0600 PLXT announced earnings after the close today, looked like pretty good numbers. They broke out of some sort of pattern a couple of days ago, are still around the buy point, but given the last two days market action, this may not be the time to buy anything, but this would be one for a watch list at least. - ------------------------------------------------------------------------------- From: Pritish Shah Subject: Re: [CANSLIM] plxt Date: 19 Jul 2000 17:20:57 -0700 (PDT) I have started thinking about what Tim has said before (i.e. do not buy on the news breakout as they are more prone to failures) I think that makes sense. Regards, Shah 408-525-4263 On Wed, 19 Jul 2000, Patrick Wahl wrote: > PLXT announced earnings after the close today, looked like pretty > good numbers. They broke out of some sort of pattern a couple of > days ago, are still around the buy point, but given the last two days > market action, this may not be the time to buy anything, but this > would be one for a watch list at least. > > - > > - ------------------------------------------------------------------------------- From: Dan Forant Subject: RE: [CANSLIM]Specific Industry Group Rankings Date: 19 Jul 2000 07:39:30 -0400 I'll second the thank you. I subscribe to the IBD. Where do we find the stocks in the groups when they list for example 32 stocks in a particular group? Dan At 09:26 AM 7/18/00 -0400, you wrote: >Can someone also publish the top 5 stocks to watch in the top 10 leading >groups? > >Thanks! This group has been extremely educational and supportive. I would >like to thank all for their contributions. > >Rakesh. > >-----Original Message----- >From: chris dempsey [mailto:chrisdempsey@mail.com] >Sent: Tuesday, July 18, 2000 8:25 AM >To: canslim@lists.xmission.com >Subject: [CANSLIM]Specific Industry Group Rankings > >The following are the ranking of the specific industry groups from IBD on >the first and 16th of each month this year. I hope this helps others as much >as I believe this helps me! My account hit a year 2000 high yesterday and >IRA closing in on one. > > > >______________________________________________ >FREE Personalized Email at Mail.com >Sign up at http://www.mail.com/?sr=signup > >- > >- > > - ------------------------------------------------------------------------------- From: Kent Norman Subject: Re: [CANSLIM] plxt Date: 19 Jul 2000 19:51:03 -0500 I had it. Got stopped out today. Made a little. I was thinking about getting back in till I started watching Bloomberg and MSNBC. The mood does not seem good for the next few days. I think I will sit back and see what unfolds. How do the rest of you feel about the M ? Kent Patrick Wahl wrote: > > PLXT announced earnings after the close today, looked like pretty > good numbers. They broke out of some sort of pattern a couple of > days ago, are still around the buy point, but given the last two days > market action, this may not be the time to buy anything, but this > would be one for a watch list at least. > > - - ------------------------------------------------------------------------------- From: Kent Norman Subject: Re: [CANSLIM] plxt Date: 19 Jul 2000 19:54:45 -0500 Has any one studied the historical patterns to news spikes? Seems there should be some research out there somewhere? I don't remember IBD or WON making much of a case for it. Seems if there were something substantial, we would be hearing about it as often as "cut losses at 8% - 10%" Kent Pritish Shah wrote: > > I have started thinking about what Tim has said before (i.e. do not buy on > the news breakout as they are more prone to failures) > > I think that makes sense. > > Regards, > Shah > 408-525-4263 > > On Wed, 19 Jul 2000, Patrick Wahl wrote: > > > PLXT announced earnings after the close today, looked like pretty > > good numbers. They broke out of some sort of pattern a couple of > > days ago, are still around the buy point, but given the last two days > > market action, this may not be the time to buy anything, but this > > would be one for a watch list at least. > > > > - > > > > > > - - ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] CMTN Date: 19 Jul 2000 20:50:20 -0400 Actually, I get the impression they are essentially long term, fundamentals based. Coke is one of their major holdings, for example. They do tech stocks, but only well established ones, not net stocks by and large. They would like a Yahoo, but not a Dr Koop. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html ----- Original Message ----- Sent: Wednesday, July 19, 2000 12:18 PM BTW, someone should tell motley crew that DSL stands for digital subscriber line and not dedicated subscriber line. Aren't these people supposed to favor tech/internet stocks over others? Regards, Shah 408-525-4263 On Tue, 18 Jul 2000, Tom Worley wrote: > I agree with Tim, the CPI #s are not the problem, they were quite > decent actually. > > The Motley Fool did not help with CMTN today as the following was > posted before the market opened (my ISP had it at 8:49 AM) > - ------------------------------------------------------------------------------- From: "Patrick Wahl" Subject: Re: [CANSLIM] plxt Date: 19 Jul 2000 18:57:11 -0600 PLXT broke out before the earnings were released, which is why I avoided it, did not want to buy two days ahead of an earnings announcement (look at CMTN). If it did breakout because of an earnings report, I think it would be ok to buy it. On 19 Jul 00, at 17:20, Pritish Shah wrote: > I have started thinking about what Tim has said before (i.e. do not buy on > the news breakout as they are more prone to failures) > > I think that makes sense. > > > Regards, > Shah > 408-525-4263 > > > On Wed, 19 Jul 2000, Patrick Wahl wrote: > > > PLXT announced earnings after the close today, looked like pretty > > good numbers. They broke out of some sort of pattern a couple of > > days ago, are still around the buy point, but given the last two days > > market action, this may not be the time to buy anything, but this > > would be one for a watch list at least. > > > > - > > > > > > > - > - ------------------------------------------------------------------------------- From: Anna Sosis Subject: Re: [CANSLIM] scsc b/o Date: 19 Jul 2000 18:24:25 -0700 (PDT) Is this good time to exchange TECD for SCSC... --- Tim Fisher wrote: > Well, it did not break out. Did make a new high but > did not advance 5%. The > trading was wild this AM. I could have had it for 32 > when I got my first > real-time quote; by the time I had my order entered > it was up to 34-5/8. > Got all the way up to 39-3/4 during the frenzy. Made > 20x ADV, probably an > all-time vol hi. Anyway it closed at 34-1/2 so I'm > not very far in the red > yet. When the M settles down I think it will take > off. Should report > Friday, maybe someone knows something. > > Anyway watch PLT tomorrow - it reported, broke out > on 5x ADV (but didn't > match the intraday spike that is the high) and was > kinda lost in the noise > today. > > Tim Fisher > Ore-Rock-On and Pacific Fishery Biologists WWW Sites > > Tim@OreRockOn.com > WWW: http://OreRockOn.com > See naked fish and rocks! > > > - > __________________________________________________ Do You Yahoo!? Get Yahoo! Mail – Free email you can access from anywhere! http://mail.yahoo.com/ - ------------------------------------------------------------------------------- From: han.26@osu.edu Subject: [CANSLIM] prepare for the BEAR Date: 19 Jul 2000 21:37:03 -0700 it's only a matter of time - ------------------------------------------------------------------------------- From: "Ed Wile" Subject: [CANSLIM] dian sector? Date: 19 Jul 2000 22:26:33 -0700 Could someone please tell me what IBD sector dian in. Please send to ewile@well.com. Thanks so much! Ed - ------------------------------------------------------------------------------- From: Earl Setser Subject: RE: [CANSLIM]Specific Industry Group Rankings Date: 19 Jul 2000 20:34:21 -0600 IBD publishes a book called "Industry Group and Ticker Symbol Index". It lists all the stocks in each group, and is indexed by group, ticker, name, etc. It is updated every 3 or 6 months, and goes for about $40 with shipping. As far as the top 5 stocks in each group, that would take quite a lot of work to be accurate, or maybe a DGO subscription. I try to pick out the top 100 stocks in the top groups with my leaders list, but it is generally slanted towards a few hot groups, like semi-mfg has a large presence right now. IBD does feature a tech group every day, and shows the top stocks by EPS+RPS rank. At 07:39 AM 7/19/00 -0400, you wrote: >I'll second the thank you. I subscribe to the IBD. Where do we find the >stocks in the groups when they list for example 32 stocks in a particular >group? > >Dan > >At 09:26 AM 7/18/00 -0400, you wrote: >>Can someone also publish the top 5 stocks to watch in the top 10 leading >>groups? >> >>Thanks! This group has been extremely educational and supportive. I would >>like to thank all for their contributions. >> >>Rakesh. >> >>-----Original Message----- >>From: chris dempsey [mailto:chrisdempsey@mail.com] >>Sent: Tuesday, July 18, 2000 8:25 AM >>To: canslim@lists.xmission.com >>Subject: [CANSLIM]Specific Industry Group Rankings >> >>The following are the ranking of the specific industry groups from IBD on >>the first and 16th of each month this year. I hope this helps others as much >>as I believe this helps me! My account hit a year 2000 high yesterday and >>IRA closing in on one. >> >> >> >>______________________________________________ >>FREE Personalized Email at Mail.com >>Sign up at http://www.mail.com/?sr=signup >> >>- >> >>- >> >> > >- > > > - ------------------------------------------------------------------------------- From: Earl Setser Subject: Re: [CANSLIM] dian sector? Date: 19 Jul 2000 20:49:29 -0600 DAIN is in Medical/Dental/Serv At 10:26 PM 7/19/00 -0700, you wrote: >Could someone please tell me what IBD sector dian in. > >Please send to ewile@well.com. > >Thanks so much! >Ed > > >- > > > - ------------------------------------------------------------------------------- From: Rocky Sanghvi Subject: RE: [CANSLIM] LFUS Date: 20 Jul 2000 09:57:26 -0400 what happened to LFUS? I guess the market doesn't like its earnings! Rakesh -----Original Message----- Sent: Wednesday, July 19, 2000 1:12 PM I had to choose between it and DIAN this AM. Chose DIAN for the chart. EMC's cup is very shallow, even for a saucer, it hasn't formed even a rudimentary handle, and doesn't have that look of kicking out the weak holders to it. I.e. there could be considerable resistance around 83. A better buy-in point for EMC would have been the "stealth" b/o on 6/16. Plus they reported last nite, and this is a news-related b/o attempt (notice I said attempt - it still hasn't stayed above the pivot for more than a few seconds so far today). DIAN is breaking out for no apparent reason other than it is associated with genomics AFAIK. On 07:39 AM 7/19/00, Stuart_Clemons@lotus.com Said: >Hi all: > >Anyone have any comments or analysis of EMC's chart ? > >As I write this, EMC is up 4 1/4 at 82 7/8, right around it's 52 week high. >Volume appears to be running at an above average rate at around 5mil after >1 hour & 20 minutes of trading. (the Microsoft MSN money site shows ave >vol to be 9.3 mil) > > From today's IBD: 97 90 A A B > >Disc: I don't own EMC (yet). > >- Stuart > > >- Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - - ------------------------------------------------------------------------------- From: Bill Weliky Subject: Re: [CANSLIM]Specific Industry Group Rankings Date: 20 Jul 2000 07:42:17 -0700 Will someone please tell me what DGO means? Thanx Bill ----- Original Message ----- Sent: Wednesday, July 19, 2000 7:34 PM > IBD publishes a book called "Industry Group and Ticker Symbol Index". It > lists all the stocks in each group, and is indexed by group, ticker, name, > etc. It is updated every 3 or 6 months, and goes for about $40 with shipping. > > As far as the top 5 stocks in each group, that would take quite a lot of > work to be accurate, or maybe a DGO subscription. I try to pick out the > top 100 stocks in the top groups with my leaders list, but it is generally > slanted towards a few hot groups, like semi-mfg has a large presence right > now. IBD does feature a tech group every day, and shows the top stocks by > EPS+RPS rank. > > At 07:39 AM 7/19/00 -0400, you wrote: > >I'll second the thank you. I subscribe to the IBD. Where do we find the > >stocks in the groups when they list for example 32 stocks in a particular > >group? > > > >Dan > > > >At 09:26 AM 7/18/00 -0400, you wrote: > >>Can someone also publish the top 5 stocks to watch in the top 10 leading > >>groups? > >> > >>Thanks! This group has been extremely educational and supportive. I would > >>like to thank all for their contributions. > >> > >>Rakesh. > >> > >>-----Original Message----- > >>From: chris dempsey [mailto:chrisdempsey@mail.com] > >>Sent: Tuesday, July 18, 2000 8:25 AM > >>To: canslim@lists.xmission.com > >>Subject: [CANSLIM]Specific Industry Group Rankings > >> > >>The following are the ranking of the specific industry groups from IBD on > >>the first and 16th of each month this year. I hope this helps others as much > >>as I believe this helps me! My account hit a year 2000 high yesterday and > >>IRA closing in on one. > >> > >> > >> > >>______________________________________________ > >>FREE Personalized Email at Mail.com > >>Sign up at http://www.mail.com/?sr=signup > >> > >>- > >> > >>- > >> > >> > > > >- > > > > > > > > - - ------------------------------------------------------------------------------- From: Rocky Sanghvi Subject: RE: [CANSLIM]Specific Industry Group Rankings Date: 20 Jul 2000 10:46:21 -0400 Daily Graphs Online. Its run by same company as IBD. R -----Original Message----- Sent: Thursday, July 20, 2000 10:42 AM Will someone please tell me what DGO means? Thanx Bill ----- Original Message ----- Sent: Wednesday, July 19, 2000 7:34 PM > IBD publishes a book called "Industry Group and Ticker Symbol Index". It > lists all the stocks in each group, and is indexed by group, ticker, name, > etc. It is updated every 3 or 6 months, and goes for about $40 with shipping. > > As far as the top 5 stocks in each group, that would take quite a lot of > work to be accurate, or maybe a DGO subscription. I try to pick out the > top 100 stocks in the top groups with my leaders list, but it is generally > slanted towards a few hot groups, like semi-mfg has a large presence right > now. IBD does feature a tech group every day, and shows the top stocks by > EPS+RPS rank. > > At 07:39 AM 7/19/00 -0400, you wrote: > >I'll second the thank you. I subscribe to the IBD. Where do we find the > >stocks in the groups when they list for example 32 stocks in a particular > >group? > > > >Dan > > > >At 09:26 AM 7/18/00 -0400, you wrote: > >>Can someone also publish the top 5 stocks to watch in the top 10 leading > >>groups? > >> > >>Thanks! This group has been extremely educational and supportive. I would > >>like to thank all for their contributions. > >> > >>Rakesh. > >> > >>-----Original Message----- > >>From: chris dempsey [mailto:chrisdempsey@mail.com] > >>Sent: Tuesday, July 18, 2000 8:25 AM > >>To: canslim@lists.xmission.com > >>Subject: [CANSLIM]Specific Industry Group Rankings > >> > >>The following are the ranking of the specific industry groups from IBD on > >>the first and 16th of each month this year. I hope this helps others as much > >>as I believe this helps me! My account hit a year 2000 high yesterday and > >>IRA closing in on one. > >> > >> > >> > >>______________________________________________ > >>FREE Personalized Email at Mail.com > >>Sign up at http://www.mail.com/?sr=signup > >> > >>- > >> > >>- > >> > >> > > > >- > > > > > > > > - - - ------------------------------------------------------------------------------- From: Tim Fisher Subject: Re: [CANSLIM] DIAN non-b/o Date: 20 Jul 2000 08:27:50 -0700 I like to see a breakout advancing more than 5% in price on the b/o day. That said, this one failed spectacularly this AM. I'm out with a small loss. On 03:57 PM 7/19/00, Frank Said: >Tim, I didn't understnad what you meant about it making a new high but not >advancing 5%. Was 5% the point where the stock advanced too far to buy >from the new high or pivot point? > >Thanks and good luck > >Frank > > >----- Original Message ----- >From: "Tim Fisher" >To: >Sent: Wednesday, July 19, 2000 4:20 PM >Subject: [CANSLIM] DIAN non-b/o > > > > Well, it did not break out. Did make a new high but did not advance 5%. >The > > trading was wild this AM. I could have had it for 32 when I got my first > > real-time quote; by the time I had my order entered it was up to 34-5/8. > > Got all the way up to 39-3/4 during the frenzy. Made 20x ADV, probably an > > all-time vol hi. Anyway it closed at 34-1/2 so I'm not very far in the red > > yet. When the M settles down I think it will take off. Should report > > Friday, maybe someone knows something. > > > > Anyway watch PLT tomorrow - it reported, broke out on 5x ADV (but didn't > > match the intraday spike that is the high) and was kinda lost in the noise > > today. > > > > Tim Fisher > > Ore-Rock-On and Pacific Fishery Biologists WWW Sites > > > > Tim@OreRockOn.com > > WWW: http://OreRockOn.com > > See naked fish and rocks! > > > > > > - > > > > > >_______________________________________________ >Why pay for something you could get for free? >NetZero provides FREE Internet Access and Email >http://www.netzero.net/download/index.html > >- Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - ------------------------------------------------------------------------------- From: Tim Fisher Subject: Re: [CANSLIM] prepare for the BEAR Date: 20 Jul 2000 08:45:38 -0700 Let's try to continue the generally excellent quality, relevance, and constructiveness of posts on this list. If you are going to call a bear mkt then put a time frame on it. When will this bear start? Tomorrow? Next week? Next month? Why will it start? What is the catalyst? I for one don't think it has a snowball's chance in hell in the near term. The NAZ held on former resistance over 4050 yesterday, and opened up strong off that level this AM. Former resistance becomes support. If the NAZ can hold above the new found support, things look very good for the near term, since earnings season is going strong and most of the reports are beating expectations. On 09:37 PM 7/19/00, han.26@osu.edu Said: >it's only a matter of time Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - ------------------------------------------------------------------------------- From: Tim Fisher Subject: RE: [CANSLIM] LFUS Date: 20 Jul 2000 08:48:28 -0700 Look at the chart. LFUS has been weak in a very strong market. It couldn't hold its second-stage b/o to 50 and traded down all last week. That was a strong technical warning sign. Today just confirms the already failing b/o. On 06:57 AM 7/20/00, Rocky Sanghvi Said: >what happened to LFUS? I guess the market doesn't like its earnings! > >Rakesh > > > >-----Original Message----- >From: Tim Fisher [mailto:tim@OreRockOn.com] >Sent: Wednesday, July 19, 2000 1:12 PM >To: canslim@lists.xmission.com >Subject: Re: [CANSLIM] Comments on EMC ? > > >I had to choose between it and DIAN this AM. Chose DIAN for the chart. >EMC's cup is very shallow, even for a saucer, it hasn't formed even a >rudimentary handle, and doesn't have that look of kicking out the weak >holders to it. I.e. there could be considerable resistance around 83. A >better buy-in point for EMC would have been the "stealth" b/o on 6/16. Plus >they reported last nite, and this is a news-related b/o attempt (notice I >said attempt - it still hasn't stayed above the pivot for more than a few >seconds so far today). DIAN is breaking out for no apparent reason other >than it is associated with genomics AFAIK. > >On 07:39 AM 7/19/00, Stuart_Clemons@lotus.com Said: > >Hi all: > > > >Anyone have any comments or analysis of EMC's chart ? > > > >As I write this, EMC is up 4 1/4 at 82 7/8, right around it's 52 week high. > >Volume appears to be running at an above average rate at around 5mil after > >1 hour & 20 minutes of trading. (the Microsoft MSN money site shows ave > >vol to be 9.3 mil) > > > > From today's IBD: 97 90 A A B > > > >Disc: I don't own EMC (yet). > > > >- Stuart > > > > > >- > >Tim Fisher >Ore-Rock-On and Pacific Fishery Biologists WWW Sites > >Tim@OreRockOn.com >WWW: http://OreRockOn.com >See naked fish and rocks! > > >- > >- Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - ------------------------------------------------------------------------------- From: "lynn williams" Subject: Re: [CANSLIM] HGS watch list Date: 20 Jul 2000 08:54:52 -0400 Ok I give up.. I know this is probably a stupid question but what is HGS and where are you all finding it?? Lynn ----- Original Message ----- Sent: Wednesday, July 19, 2000 3:23 PM > Yes Chris you are correct. Today it is 100% (before market close - so > effectively yesterday's numbers). > > It calculates on end of day data, so yes technicals can change rapidly. > Really it is the same principle as a breakout. If stock XYZ breaks out > on high volume, it would suddenly become more desirable that day than if > it had not. > > Happy hunting > Kent > > > chris dempsey wrote: > > > > Thanks for the web site. Your example is showing me a score of 100. Am I > > reading this correctly? Do the numbers move this much in one day? > > > > From: Kent Norman [gsnake@flash.net] > > Sent: Tuesday, July 18, 2000 10:32 AM > > To: canslim@lists.xmission.com > > Subject: Re: [CANSLIM] HGS watch list > > > > There are many players in the market, some use models based on various > > technical indicators. When I find the combination of nice CANSLIM and > > technical, I feel the stock has a better chance of broad based support. > > I use Barchart.com to rate the various technicals and focus on the 100% > > and 96% picks that have already passed the CANSLIM screen. Here is the > > URL: > > http://quotes.barchart.com/texpert.asp?sym=RHI&code=BSTK > > > > Select opinion > > I look at the overall average. In this example RHI rates an 88 > > > > Regards > > Kent > > > > chris dempsey wrote: > > > > > > How do you figure? > > > > > > From: Kent Norman [gsnake@flash.net] > > > Sent: Monday, July 17, 2000 10:49 PM > > > To: canslim@lists.xmission.com > > > Subject: Re: [CANSLIM] HGS watch list > > > > > > As a second opinion, I use technical analysis. These are the ones that > > > score 100 > > > > > > IVIS ATMS ACLNF ALTR BEIQ CMTN DRAM ELNT PLXS PLXT PWER QGENF SDLI SMTC > > > TA TECD TNL > > > > > > Kent > > > > > > Tim Fisher wrote: > > > > > > > > HGS list for this week. Wow, it got huge. Many more stocks than any time > > > > this year that I can recall. > > > > > > > > ACDO ACLNF ADI ALTR AMCC APH ASML AUDC > > > > BEIQ BJS BRCM CDT CDWC CHP CMTN CPN > > > > DIAN DLTR DRAM ELNT EMC ERICY EXTR FII > > > > FLEX ICUI IMPH JBL LEH LFUS LTRE MCRL > > > > MSS MWD NEWP NSIT NUHC NVLS ORBK PCCC > > > > PENG PHCC PLT PLXS PLXT PMCS PRLX PWER > > > > QGENF SAMN SCH SCOR SDLI SFA SHFL SMTC > > > > TA TECD TLGD TNL UNH WAT XLTC > > > > ______________________________________________ > > FREE Personalized Email at Mail.com > > Sign up at http://www.mail.com/?sr=signup > > > > - > > - > - ------------------------------------------------------------------------------- From: Tim Fisher Subject: Re: [CANSLIM] scsc b/o Date: 20 Jul 2000 08:59:35 -0700 TECD has resistance just above 50 from four previous attempts to clear that= =20 level in 97 and 98. I've seen stocks take a long long time to break old=20 resistance. I think you are seeing that resistance hold on it again. I=20 wouldn't buy it until it was cleared convincingly and on huge volume. SCSC= =20 is hitting resistance just today just below 50. It is on the verge of=20 breaking out as I type. The vol is there, but I'd like to see it close=20 above 50 before I wanted in. On 06:24 PM 7/19/00, Anna Sosis Said: >Is this good time to exchange TECD for SCSC... > >--- Tim Fisher wrote: > > Well, it did not break out. Did make a new high but > > did not advance 5%. The > > trading was wild this AM. I could have had it for 32 > > when I got my first > > real-time quote; by the time I had my order entered > > it was up to 34-5/8. > > Got all the way up to 39-3/4 during the frenzy. Made > > 20x ADV, probably an > > all-time vol hi. Anyway it closed at 34-1/2 so I'm > > not very far in the red > > yet. When the M settles down I think it will take > > off. Should report > > Friday, maybe someone knows something. > > > > Anyway watch PLT tomorrow - it reported, broke out > > on 5x ADV (but didn't > > match the intraday spike that is the high) and was > > kinda lost in the noise > > today. > > > > Tim Fisher > > Ore-Rock-On and Pacific Fishery Biologists WWW Sites > > > > Tim@OreRockOn.com > > WWW: http://OreRockOn.com > > See naked fish and rocks! > > > > > > - > > > > >__________________________________________________ >Do You Yahoo!? >Get Yahoo! Mail =AD Free email you can access from anywhere! >http://mail.yahoo.com/ > >- Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - ------------------------------------------------------------------------------- From: Tim Fisher Subject: Re: [CANSLIM] HGS & EMC Date: 20 Jul 2000 09:07:32 -0700 http://www.ianforum.com HGS - High Growth Stock investing - is an offshoot of CANSLIM developed by newsletter writer Ian Woodward. It emphasizes ERG (EPS/RS/GRS). P.S. EMC is confirming its b/o today. Still not too extended from its lopsided C&H (I love that handle though. Looks like the example from HTMMIS!) Think I'm gonna pick up 1/2 position (actually less than 1/2 since I lost out on DIAN!) On 05:54 AM 7/20/00, lynn williams Said: >Ok I give up.. I know this is probably a stupid question but what is HGS and >where are you all finding it?? >Lynn Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - ------------------------------------------------------------------------------- From: Tim Fisher Subject: Re: [CANSLIM] plxt Date: 20 Jul 2000 08:59:37 -0700 Patrick, we are very good contrarian indicators these past few days. Whenever someone mentions that earnings were good, the stock crashes the next day. Shorters should join this list and do the opposite of what we predict! Seriously, there is a strong pattern here to even the CANSLIM set now. Run it up before earnings are released and then sell on the news, unless it is a huge upside surprise. I don't recall so many CANSLIM stocks showing this pattern in the past. Certainly many momentum stocks show this pattern consistently. On 05:16 PM 7/19/00, Patrick Wahl Said: >PLXT announced earnings after the close today, looked like pretty >good numbers. They broke out of some sort of pattern a couple of >days ago, are still around the buy point, but given the last two days >market action, this may not be the time to buy anything, but this >would be one for a watch list at least. > >- Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - ------------------------------------------------------------------------------- From: "lynn williams" Subject: Re: [CANSLIM] HGS & EMC Date: 20 Jul 2000 09:37:21 -0400 Thanks TIM!! Also, any thoughts as to why SEBL is tanking when they beat estimates by 5 cents and had revenue growth of 121% over same period last year?? Lynn ----- Original Message ----- Sent: Thursday, July 20, 2000 12:07 PM > http://www.ianforum.com > > HGS - High Growth Stock investing - is an offshoot of CANSLIM developed by > newsletter writer Ian Woodward. It emphasizes ERG (EPS/RS/GRS). > > P.S. EMC is confirming its b/o today. Still not too extended from its > lopsided C&H (I love that handle though. Looks like the example from > HTMMIS!) Think I'm gonna pick up 1/2 position (actually less than 1/2 since > I lost out on DIAN!) > > On 05:54 AM 7/20/00, lynn williams Said: > >Ok I give up.. I know this is probably a stupid question but what is HGS and > >where are you all finding it?? > >Lynn > > > Tim Fisher > Ore-Rock-On and Pacific Fishery Biologists WWW Sites > > Tim@OreRockOn.com > WWW: http://OreRockOn.com > See naked fish and rocks! > > > - > - ------------------------------------------------------------------------------- From: Tim Fisher Subject: Re: [CANSLIM] HGS & EMC Date: 20 Jul 2000 10:02:15 -0700 Buy on the rumor, sell on the news. If it closes below 165 I am out. On 06:37 AM 7/20/00, lynn williams Said: >Thanks TIM!! Also, any thoughts as to why SEBL is tanking when they beat >estimates by 5 cents and had revenue growth of 121% over same period last >year?? > >Lynn >----- Original Message ----- >From: "Tim Fisher" >To: >Sent: Thursday, July 20, 2000 12:07 PM >Subject: Re: [CANSLIM] HGS & EMC > > > > http://www.ianforum.com > > > > HGS - High Growth Stock investing - is an offshoot of CANSLIM developed by > > newsletter writer Ian Woodward. It emphasizes ERG (EPS/RS/GRS). > > > > P.S. EMC is confirming its b/o today. Still not too extended from its > > lopsided C&H (I love that handle though. Looks like the example from > > HTMMIS!) Think I'm gonna pick up 1/2 position (actually less than 1/2 >since > > I lost out on DIAN!) > > > > On 05:54 AM 7/20/00, lynn williams Said: > > >Ok I give up.. I know this is probably a stupid question but what is HGS >and > > >where are you all finding it?? > > >Lynn > > > > > > Tim Fisher > > Ore-Rock-On and Pacific Fishery Biologists WWW Sites > > > > Tim@OreRockOn.com > > WWW: http://OreRockOn.com > > See naked fish and rocks! > > > > > > - > > > > >- Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - ------------------------------------------------------------------------------- From: "Ricardo Bekin" Subject: [CANSLIM] PWEI breaking out Date: 20 Jul 2000 12:48:51 -0500 old high was 19 1/2, now at 21 3/8 on heavy volume Ricardo (hoping he does not jinx it) - ------------------------------------------------------------------------------- From: Tim Fisher Subject: Re: [CANSLIM] PWEI breaking out Date: 20 Jul 2000 11:19:45 -0700 {sarcasm_on} Mmmm! Plastics! Now there's a hot group! But wait! There's more! PW Eagle, Inc., formerly known as Eagle Pacific Industries, Inc., manufactures and distributes polyvinyl chloride (PVC) pipe and fittings, and polyethylene (PE) pipe and tubing products used for potable water and sewage transmission, turf and agricultural irrigation, natural gas transmission, water wells, fiber optic lines, electronic and telephone lines, and commercial and industrial plumbing. The Company distributes its products primarily west of the Ohio and Mississippi Rivers, including Hawaii, Alaska and selected foreign countries. The Company's products consist of half-inch to 24-inch PVC pipe and half-inch to six-inch PE pipe and tubing for applications in the building, municipal water distribution, municipal sewage collection, irrigation, natural gas, fiber optic, power distribution and telecommunications industries. Notice FIBER OPTICS is repeated twice! It's a stealth net backbone play! {sarcasm_off} Seriously, the industry group chemicals - plastics has a Wilder RS of 23 according HGS - that would kill this one from my perspective. On 10:48 AM 7/20/00, Ricardo Bekin Said: >old high was 19 1/2, now at 21 3/8 on heavy volume > >Ricardo >(hoping he does not jinx it) Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - ------------------------------------------------------------------------------- From: Tom Rogers Subject: [CANSLIM] re:CDT and ADCT Date: 20 Jul 2000 05:13:14 -0400 Hi, First I'd like to say how much I have enjoyed this group, and appreciate your responses to my introductory letter a few weeks ago. I picked up (at amazon.com) a copy of O'Neil's "How to make money in stocks", and Stan Weinstein's "Secrets for profiting in bull and bear markets". The first thing I really needed to know was how to set a stop loss, which Weinstein's book deals with quite well. Regarding stop loss at brokerage co's, I found that Fidelity is set up to do it with no increase in cost above their normal prices, and Vanguard makes a big deal out of it, having you call the trading desk directly and charging you $45 plus 3 cents per share. Based on that, I think I'll be moving my Roth IRA to Fidelity. Yesterdays (7/19) IBD discussed CDT (page A18), pointing out a 19 week cup with handle. When you look at the graph, there was a big single day spike in March followed by a decline and then upward trend. Recently it started to form a handle. Is this a decent cup and handle? Any comments on CDT are appreciated. Now look at ADCT which has been on a steady trend up to 42.5. In the last two weeks it has leveled off and declined in value 12%. Could one look at this like a handle? Tom Rogers - ------------------------------------------------------------------------------- From: Tim Fisher Subject: Re: [CANSLIM] re:CDT and ADCT Date: 20 Jul 2000 11:51:48 -0700 I already pointed out the CDT b/o a week or two ago. I liked it then & I like it now. It's basing on the b/o and setting up a second stage. Is this a handle? Not really. The spike in March was an untimely failed b/o and it's had a nice double bottom since then. IBD, IMHO, is stretching this chart to call it a C&H. ADCT OTOH is breaking out big right now on news. Wish it had started before I picked up EMC. Better that it is a signed contract and not earnings that is moving it, since it will probably start a round of upgrades, earnings estimate revisions, and price target changes. BTW ADCT is an LLUR, not a C&H. Look at how it bounces off the 50DMA like it was a superball. So beautiful, almost makes me cry. On 02:13 AM 7/20/00, Tom Rogers Said: >Hi, First I'd like to say how much I have enjoyed this group, and >appreciate your responses to my introductory letter a few weeks ago. I >picked up (at amazon.com) a copy of O'Neil's "How to make money in >stocks", and Stan Weinstein's "Secrets for profiting in bull and bear >markets". The first thing I really needed to know was how to set a stop >loss, which Weinstein's book deals with quite well. > >Regarding stop loss at brokerage co's, I found that Fidelity is set up >to do it with no increase in cost above their normal prices, and >Vanguard makes a big deal out of it, having you call the trading desk >directly and charging you $45 plus 3 cents per share. Based on that, I >think I'll be moving my Roth IRA to Fidelity. > >Yesterdays (7/19) IBD discussed CDT (page A18), pointing out a 19 week >cup with handle. When you look at the graph, there was a big single day >spike in March followed by a decline and then upward trend. Recently it >started to form a handle. Is this a decent cup and handle? Any >comments on CDT are appreciated. > >Now look at ADCT which has been on a steady trend up to 42.5. In the >last two weeks it has leveled off and declined in value 12%. Could one >look at this like a handle? > >Tom Rogers > > >- Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - ------------------------------------------------------------------------------- From: "Frank" Subject: [CANSLIM] RNBO SHAH Date: 20 Jul 2000 14:01:51 -0500 I see it has rebounded from its sell off. It will be interesting to see if it will break through resistence. I see a trading range at 49.5 to 48. If it can trade at the high end of the trading range there is a better chance it will break resistence. I am still worried about selling into earnings. Any thaughts? Frank ____________NetZero Free Internet Access and Email_________ Download Now http://www.netzero.net/download/index.html Request a CDROM 1-800-333-3633 ___________________________________________________________ - ------------------------------------------------------------------------------- From: "Dwayne Andras" Subject: [CANSLIM] CLS Date: 20 Jul 2000 14:35:24 -0500 CLS had a great day, what do ya'll think. Got in two days ago, - ------------------------------------------------------------------------------- From: Pierre Lapointe Subject: [CANSLIM] SPEC, SHFL, ATGI, RADN Date: 20 Jul 2000 21:30:26 -0400 I would like to thank the people who responded to my query about GBL a few weeks ago. I heeded the advice and got out with an 8% loss. Thanks again. Would anyone care to comment on SPEC, SHFL, ATGI and RADN. I own small positions in these and I feel (hope) they are all ready to break out. I'm also considering CTEC in the near future. To Walter Stock; we are practically neighbors, I live in Kitchener Ontario. Nice to see a fellow Canuck on board! - ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] LFUS Date: 20 Jul 2000 22:12:35 -0400 reported earnings today, beat the official estimate by a penny but I suspect failed to meet whisper #. Worse was their warning that 4th qtr would fall 35-40% below forecasts. Confirming this was their sequential qtrly sales and earnings were lousy. The bottom fishers are already discussing it as a value play due its fall today. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html ----- Original Message ----- Sent: Thursday, July 20, 2000 9:57 AM what happened to LFUS? I guess the market doesn't like its earnings! Rakesh -----Original Message----- Sent: Wednesday, July 19, 2000 1:12 PM I had to choose between it and DIAN this AM. Chose DIAN for the chart. EMC's cup is very shallow, even for a saucer, it hasn't formed even a rudimentary handle, and doesn't have that look of kicking out the weak holders to it. I.e. there could be considerable resistance around 83. A better buy-in point for EMC would have been the "stealth" b/o on 6/16. Plus they reported last nite, and this is a news-related b/o attempt (notice I said attempt - it still hasn't stayed above the pivot for more than a few seconds so far today). DIAN is breaking out for no apparent reason other than it is associated with genomics AFAIK. On 07:39 AM 7/19/00, Stuart_Clemons@lotus.com Said: >Hi all: > >Anyone have any comments or analysis of EMC's chart ? > >As I write this, EMC is up 4 1/4 at 82 7/8, right around it's 52 week high. >Volume appears to be running at an above average rate at around 5mil after >1 hour & 20 minutes of trading. (the Microsoft MSN money site shows ave >vol to be 9.3 mil) > > From today's IBD: 97 90 A A B > >Disc: I don't own EMC (yet). > >- Stuart > > >- Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - - - ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] DIAN non-b/o Date: 20 Jul 2000 22:20:59 -0400 Tim, While the breakout certainly failed, I don't know about "spectacularly". A buy in or near the base, with an 8% stop set no lower than the bottom of the base, would not have stopped you out. It did trade down to the base, and it's a short base at that, but not thru it. And it's close is still nearly 9% over the base even with the loss today. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html ----- Original Message ----- Sent: Thursday, July 20, 2000 11:27 AM I like to see a breakout advancing more than 5% in price on the b/o day. That said, this one failed spectacularly this AM. I'm out with a small loss. On 03:57 PM 7/19/00, Frank Said: >Tim, I didn't understnad what you meant about it making a new high but not >advancing 5%. Was 5% the point where the stock advanced too far to buy >from the new high or pivot point? > >Thanks and good luck > >Frank > > >----- Original Message ----- >From: "Tim Fisher" >To: >Sent: Wednesday, July 19, 2000 4:20 PM >Subject: [CANSLIM] DIAN non-b/o > > > > Well, it did not break out. Did make a new high but did not advance 5%. >The > > trading was wild this AM. I could have had it for 32 when I got my first > > real-time quote; by the time I had my order entered it was up to 34-5/8. > > Got all the way up to 39-3/4 during the frenzy. Made 20x ADV, probably an > > all-time vol hi. Anyway it closed at 34-1/2 so I'm not very far in the red > > yet. When the M settles down I think it will take off. Should report > > Friday, maybe someone knows something. > > > > Anyway watch PLT tomorrow - it reported, broke out on 5x ADV (but didn't > > match the intraday spike that is the high) and was kinda lost in the noise > > today. > > > > Tim Fisher > > Ore-Rock-On and Pacific Fishery Biologists WWW Sites > > > > Tim@OreRockOn.com > > WWW: http://OreRockOn.com > > See naked fish and rocks! > > > > > > - > > > > > >_______________________________________________ >Why pay for something you could get for free? >NetZero provides FREE Internet Access and Email >http://www.netzero.net/download/index.html > >- Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - - ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] plxt Date: 20 Jul 2000 22:42:24 -0400 When you look only at year to year earnings growth, it looks good. When you look at sequential quarterly growth, it's flat (and where do expectations of the future come from, if not from the last earnings report?). For the short term traders, they don't care about year to year, only what can you do for me now, and in the immediate future. And with the expanding info on the net, whisper nrs are no longer the sole domain of the money managers. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html ----- Original Message ----- Sent: Thursday, July 20, 2000 11:59 AM Patrick, we are very good contrarian indicators these past few days. Whenever someone mentions that earnings were good, the stock crashes the next day. Shorters should join this list and do the opposite of what we predict! Seriously, there is a strong pattern here to even the CANSLIM set now. Run it up before earnings are released and then sell on the news, unless it is a huge upside surprise. I don't recall so many CANSLIM stocks showing this pattern in the past. Certainly many momentum stocks show this pattern consistently. On 05:16 PM 7/19/00, Patrick Wahl Said: >PLXT announced earnings after the close today, looked like pretty >good numbers. They broke out of some sort of pattern a couple of >days ago, are still around the buy point, but given the last two days >market action, this may not be the time to buy anything, but this >would be one for a watch list at least. > >- Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - - ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] PWEI breaking out Date: 20 Jul 2000 23:02:09 -0400 Ricardo, While I share Tim's lack of enthusiasm for non-tech stocks, the chart looks good, and the fundies look even better. And DGO gives GRS a much better 64, not that that is great. But in the 1st qtr, it had already earned nearly half of the forecast for the entire year. If it repeats that in the 2nd qtr, the forecasts are likely to be adjusted much higher. It's EPS of 77 is significantly affected by the poor earnings in '97 and '98, and I have some doubts about the ROE reported by DGO of 64%!! It is the # 1 in its group, and with recently accelerating sales and earnings, it is likely to stay there if it continues to report similar results. I wouldn't buy in the face of upcoming earnings (expected by DGO about 8/24, that seems way too late, call the company and check) unless it based out as it is too extended now, I would certainly hold if it continues to show similar strength. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html ----- Original Message ----- Sent: Thursday, July 20, 2000 1:48 PM old high was 19 1/2, now at 21 3/8 on heavy volume Ricardo (hoping he does not jinx it) - - ------------------------------------------------------------------------------- From: "Patrick Wahl" Subject: Re: [CANSLIM] plxt Date: 20 Jul 2000 21:22:36 -0600 I certainly was on PLXT anyway. I wonder if they had some words of warning for analysts on the conference call that accompanied the earnings release. I don't know what happened with CMTN, its hard to believe people would run it up like that on the basis of some "whisper number" (I hate that whole idea). I guess this just demonstrates again that it is very risky buying immediately ahead of an earnings release. On 20 Jul 00, at 8:59, Tim Fisher wrote: > Patrick, we are very good contrarian indicators these past few days. > Whenever someone mentions that earnings were good, the stock crashes the > next day. Shorters should join this list and do the opposite of what we > predict! Seriously, there is a strong pattern here to even the CANSLIM set > now. Run it up before earnings are released and then sell on the news, > unless it is a huge upside surprise. I don't recall so many CANSLIM stocks > showing this pattern in the past. Certainly many momentum stocks show this > pattern consistently. > > On 05:16 PM 7/19/00, Patrick Wahl Said: > >PLXT announced earnings after the close today, looked like pretty > >good numbers. They broke out of some sort of pattern a couple of > >days ago, are still around the buy point, but given the last two days > >market action, this may not be the time to buy anything, but this > >would be one for a watch list at least. > > > >- > > Tim Fisher > Ore-Rock-On and Pacific Fishery Biologists WWW Sites > > Tim@OreRockOn.com > WWW: http://OreRockOn.com > See naked fish and rocks! > > > - > - ------------------------------------------------------------------------------- From: "Patrick Wahl" Subject: Re: [CANSLIM] CLS Date: 20 Jul 2000 22:05:45 -0600 Caught my eye too, never heard of the company before today actually. Already they are a bit extended (pivot at 62.50 and close at 71.6 makes them 9/62nds past the buy point or about 14.5% by my reckoning), but if they back off a bit they might be a buy. Take a look at FLEX, did something similar, but gave a second chance to buy this week. On 20 Jul 00, at 14:35, Dwayne Andras wrote: > CLS had a great day, what do ya'll think. > Got in two days ago, > > > - > - ------------------------------------------------------------------------------- From: Earl Setser Subject: Re: [CANSLIM] CLS (FLEX) Date: 20 Jul 2000 22:28:37 -0600 Yes, I was watching FLEX today. It corrected with the market the last couple of days, but held in there above it's pivot, and then moved sharply higher today. I took this as a good indication, and grabbed some this morning. It held the price and actually advanced a little more during the day. At 10:05 PM 7/20/00 -0600, you wrote: >Caught my eye too, never heard of the company before today >actually. Already they are a bit extended (pivot at 62.50 and close >at 71.6 makes them 9/62nds past the buy point or about 14.5% by >my reckoning), but if they back off a bit they might be a buy. > >Take a look at FLEX, did something similar, but gave a second >chance to buy this week. > >On 20 Jul 00, at 14:35, Dwayne Andras wrote: > >> CLS had a great day, what do ya'll think. >> Got in two days ago, >> >> >> - >> > > > >- > > > - ------------------------------------------------------------------------------- From: kraus0r@cs.com Subject: Re: RE: [CANSLIM] LFUS Date: 21 Jul 2000 08:34:48 -0400 I've enjoyed some of these failed breakouts in that they've allowed me to look at some charts I wouldn't have looked at. And they help me pick out good basing patterns versus bad ones. It looks to me like LFUS never had a good basing pattern. There was a cup from late March to the beginning of June, but it never formed a handle. Instead it shot up to 43, consolidated and then up to 50 which it couldn't hold. Now it's back down to its cup. Not saying that there's anything wrong with LFUS, just that the base was weak and offered higher risk on the breakout. Any other thoughts ? Roger canslim@lists.xmission.com wrote: > > Look at the chart. LFUS has been weak in a very strong market. It couldn't > hold its second-stage b/o to 50 and traded down all last week. That was a > strong technical warning sign. Today just confirms the already failing b/o. > > On 06:57 AM 7/20/00, Rocky Sanghvi Said: > >what happened to LFUS?  I guess the market doesn't like its earnings! > > > >Rakesh > > > > > > > >-----Original Message----- > >From: Tim Fisher [mailto:tim@OreRockOn.com] > >Sent: Wednesday, July 19, 2000 1:12 PM > >To: canslim@lists.xmission.com > >Subject: Re: [CANSLIM] Comments on EMC ? > > > > > >I had to choose between it and DIAN this AM. Chose DIAN for the chart. > >EMC's cup is very shallow, even for a saucer, it hasn't formed even a > >rudimentary handle, and doesn't have that look of kicking out the weak > >holders to it. I.e. there could be considerable resistance around 83. A > >better buy-in point for EMC would have been the "stealth" b/o on 6/16. Plus > >they reported last nite, and this is a news-related b/o attempt (notice I > >said attempt - it still hasn't stayed above the pivot for more than a few > >seconds so far today).  DIAN is breaking out for no apparent reason other > >than it is associated with genomics AFAIK. > > > >On 07:39 AM 7/19/00, Stuart_Clemons@lotus.com Said: > > >Hi all: > > > > > >Anyone have any comments or analysis of EMC's chart ? > > > > > >As I write this, EMC is up 4 1/4 at 82 7/8, right around it's 52 week high. > > >Volume appears to be running at an above average rate at around 5mil after > > >1 hour & 20 minutes of trading.  (the Microsoft MSN money site shows ave > > >vol to be 9.3 mil) > > > > > > From today's IBD:  97 90 A A B > > > > > >Disc:  I don't own EMC (yet). > > > > > >- Stuart > > > > > > > > >- > > > >Tim Fisher > >Ore-Rock-On and Pacific Fishery Biologists WWW Sites > > > >Tim@OreRockOn.com > >WWW: http://OreRockOn.com > >See naked fish and rocks! > > > > > >- > > > >- > > Tim Fisher > Ore-Rock-On and Pacific Fishery Biologists WWW Sites > > Tim@OreRockOn.com > WWW: http://OreRockOn.com > See naked fish and rocks! > > > - > > - ------------------------------------------------------------------------------- From: Eric Shen Subject: [CANSLIM] IVIS Date: 21 Jul 2000 08:59:47 -0700 Wow. Did you see IVIS today? Down $6 to $34 3/4. Stopped me out. Wonder what happened. Does anybody do any post-mortems when their stock hits the 8% loss limit? Is this considered just part of the percentages - You can't always win. You'll have some losers. If that's the case, what is your general batting average? Is 30% winners a good record? Eric -- Eric Shen MS LOC3-8 / / / Level One Communications email: eshen@level1.com | | |_/ an Intel company Tel: (916) 855 5177 | |___/ 9750 Goethe Road ext: 4497 |_____/ Sacramento, CA 95827 - ------------------------------------------------------------------------------- From: asosis@ca.ibm.com Subject: [CANSLIM] ADCT - failed b/o? Date: 21 Jul 2000 13:17:33 -0400 Does today's action of ADCT consitute a failed b/o? If it did fail, is this a good time to get out? (In other words, do I give it more time to prove itself as per WON?) Anna Tim Fisher on 07/20/2000 02:51:48 PM Please respond to canslim@lists.xmission.com cc: I already pointed out the CDT b/o a week or two ago. I liked it then & I like it now. It's basing on the b/o and setting up a second stage. Is this a handle? Not really. The spike in March was an untimely failed b/o and it's had a nice double bottom since then. IBD, IMHO, is stretching this chart to call it a C&H. ADCT OTOH is breaking out big right now on news. Wish it had started before I picked up EMC. Better that it is a signed contract and not earnings that is moving it, since it will probably start a round of upgrades, earnings estimate revisions, and price target changes. BTW ADCT is an LLUR, not a C&H. Look at how it bounces off the 50DMA like it was a superball. So beautiful, almost makes me cry. On 02:13 AM 7/20/00, Tom Rogers Said: >Hi, First I'd like to say how much I have enjoyed this group, and >appreciate your responses to my introductory letter a few weeks ago. I >picked up (at amazon.com) a copy of O'Neil's "How to make money in >stocks", and Stan Weinstein's "Secrets for profiting in bull and bear >markets". The first thing I really needed to know was how to set a stop >loss, which Weinstein's book deals with quite well. > >Regarding stop loss at brokerage co's, I found that Fidelity is set up >to do it with no increase in cost above their normal prices, and >Vanguard makes a big deal out of it, having you call the trading desk >directly and charging you $45 plus 3 cents per share. Based on that, I >think I'll be moving my Roth IRA to Fidelity. > >Yesterdays (7/19) IBD discussed CDT (page A18), pointing out a 19 week >cup with handle. When you look at the graph, there was a big single day >spike in March followed by a decline and then upward trend. Recently it >started to form a handle. Is this a decent cup and handle? Any >comments on CDT are appreciated. > >Now look at ADCT which has been on a steady trend up to 42.5. In the >last two weeks it has leveled off and declined in value 12%. Could one >look at this like a handle? > >Tom Rogers > > >- Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - - ------------------------------------------------------------------------------- From: Dave Cameron Subject: Re: [CANSLIM] IVIS Date: 21 Jul 2000 11:31:25 -0700 (PDT) I always do post-mortems. The best way to learn from your losses is to document them and try and figure out where you went wrong. I don't know what happened to IVIS - I don't see what you could have avoided. FWIW, I'm in the same position on it. Dave Cameron dfcameron@yahoo.com --- Eric Shen wrote: > > Wow. Did you see IVIS today? Down $6 to $34 3/4. > Stopped me > out. Wonder what happened. > > Does anybody do any post-mortems when their stock hits > the 8% > loss limit? Is this considered just part of the > percentages - > You can't always win. You'll have some losers. If > that's > the case, what is your general batting average? Is 30% > winners > a good record? > > Eric > > -- > > Eric Shen MS LOC3-8 / / / Level One > Communications > email: eshen@level1.com | | |_/ an Intel company > Tel: (916) 855 5177 | |___/ 9750 Goethe Road > ext: 4497 |_____/ Sacramento, CA > 95827 > > - > __________________________________________________ Do You Yahoo!? Get Yahoo! Mail – Free email you can access from anywhere! http://mail.yahoo.com/ - ------------------------------------------------------------------------------- From: "Tim Fisher" Subject: Re: [CANSLIM] DIAN non-b/o Date: 21 Jul 2000 11:50:22 -0700 Tom, I agree. There wasn't a chance for me to catch it within 5% of the pivot, so I bot when I could. Limited my losses and now am in EMC with the money, which is _up_ today. Can't do a thing about those intraday rocks, wish my stops could be on a closing basis, but oh well. Ya win some... At 10:20 PM 7/20/00 -0400, you wrote: >Tim, > >While the breakout certainly failed, I don't know about >"spectacularly". A buy in or near the base, with an 8% stop set >no lower than the bottom of the base, would not have stopped you >out. It did trade down to the base, and it's a short base at >that, but not thru it. And it's close is still nearly 9% over the >base even with the loss today. > >Tom Worley >stkguru@netside.net >chat with me at ICQ # 5568838 >get ICQ software at http://www.icq.com/icqhomepage.html > > >----- Original Message ----- >From: Tim Fisher >To: >Sent: Thursday, July 20, 2000 11:27 AM >Subject: Re: [CANSLIM] DIAN non-b/o > > >I like to see a breakout advancing more than 5% in price on the >b/o day. >That said, this one failed spectacularly this AM. I'm out with a >small loss. > >On 03:57 PM 7/19/00, Frank Said: > >Tim, I didn't understnad what you meant about it making a new >high but not > >advancing 5%. Was 5% the point where the stock advanced too far >to buy > >from the new high or pivot point? > > > >Thanks and good luck > > > >Frank > > > > > >----- Original Message ----- > >From: "Tim Fisher" > >To: > >Sent: Wednesday, July 19, 2000 4:20 PM > >Subject: [CANSLIM] DIAN non-b/o > > > > > > > Well, it did not break out. Did make a new high but did not >advance 5%. > >The > > > trading was wild this AM. I could have had it for 32 when I >got my first > > > real-time quote; by the time I had my order entered it was up >to 34-5/8. > > > Got all the way up to 39-3/4 during the frenzy. Made 20x ADV, >probably an > > > all-time vol hi. Anyway it closed at 34-1/2 so I'm not very >far in the red > > > yet. When the M settles down I think it will take off. Should >report > > > Friday, maybe someone knows something. > > > > > > Anyway watch PLT tomorrow - it reported, broke out on 5x ADV >(but didn't > > > match the intraday spike that is the high) and was kinda lost >in the noise > > > today. > > > > > > Tim Fisher > > > Ore-Rock-On and Pacific Fishery Biologists WWW Sites > > > > > > Tim@OreRockOn.com > > > WWW: http://OreRockOn.com > > > See naked fish and rocks! > > > > > > > > > - > > > > > > > > > >_______________________________________________ > >Why pay for something you could get for free? > >NetZero provides FREE Internet Access and Email > >http://www.netzero.net/download/index.html > > > >- > >Tim Fisher >Ore-Rock-On and Pacific Fishery Biologists WWW Sites > >Tim@OreRockOn.com >WWW: http://OreRockOn.com >See naked fish and rocks! > > >- > > > >- Tim Fisher, 1995 President, Pacific Fishery Biologists Ore-ROCK-On Rockhounding Web Site PFB Information mailto:tim@OreRockOn.com WWW http://OreRockOn.com - ------------------------------------------------------------------------------- From: "Tim Fisher" Subject: Re: [CANSLIM] PWEI breaking out Date: 21 Jul 2000 11:52:43 -0700 The Wilder RS is a 16-wk indicator, not the much longer term indicator that IBD uses. I use the Wilder RS when evaluating GRS simply because my time frame for holding is much shorter than IBD's/WON's. At 11:02 PM 7/20/00 -0400, you wrote: >Ricardo, > >While I share Tim's lack of enthusiasm for non-tech stocks, the >chart looks good, and the fundies look even better. And DGO gives >GRS a much better 64, not that that is great. But in the 1st qtr, >it had already earned nearly half of the forecast for the entire >year. If it repeats that in the 2nd qtr, the forecasts are likely >to be adjusted much higher. It's EPS of 77 is significantly >affected by the poor earnings in '97 and '98, and I have some >doubts about the ROE reported by DGO of 64%!! > >It is the # 1 in its group, and with recently accelerating sales >and earnings, it is likely to stay there if it continues to >report similar results. I wouldn't buy in the face of upcoming >earnings (expected by DGO about 8/24, that seems way too late, >call the company and check) unless it based out as it is too >extended now, I would certainly hold if it continues to show >similar strength. > >Tom Worley >stkguru@netside.net >chat with me at ICQ # 5568838 >get ICQ software at http://www.icq.com/icqhomepage.html > > >----- Original Message ----- >From: Ricardo Bekin >To: >Sent: Thursday, July 20, 2000 1:48 PM >Subject: [CANSLIM] PWEI breaking out > > >old high was 19 1/2, now at 21 3/8 on heavy volume > >Ricardo >(hoping he does not jinx it) > > >- > > > >- Tim Fisher, 1995 President, Pacific Fishery Biologists Ore-ROCK-On Rockhounding Web Site PFB Information mailto:tim@OreRockOn.com WWW http://OreRockOn.com - ------------------------------------------------------------------------------- From: "Tim Fisher" Subject: Re: [CANSLIM] IVIS Date: 21 Jul 2000 11:59:00 -0700 Seems like new news on the lawsuit comes out every day, and is pushing it down. I didn't like the looks of the news a few days and like it even less now. IMHO it should be a CANSLIM rule to never buy a stock with a lawsuit threatening them, esp. a patent infringement suit. Look at former high flyer VISX for an example of what happens to a stock during a patent fight...everybody loses! At 08:59 AM 7/21/00 -0700, you wrote: >Wow. Did you see IVIS today? Down $6 to $34 3/4. Stopped me >out. Wonder what happened. > >Does anybody do any post-mortems when their stock hits the 8% >loss limit? Is this considered just part of the percentages - >You can't always win. You'll have some losers. If that's >the case, what is your general batting average? Is 30% winners >a good record? > >Eric > >-- >-------------------------------------------------------------- >Eric Shen MS LOC3-8 / / / Level One Communications >email: eshen@level1.com | | |_/ an Intel company >Tel: (916) 855 5177 | |___/ 9750 Goethe Road > ext: 4497 |_____/ Sacramento, CA 95827 > >- Tim Fisher, 1995 President, Pacific Fishery Biologists Ore-ROCK-On Rockhounding Web Site PFB Information mailto:tim@OreRockOn.com WWW http://OreRockOn.com - ------------------------------------------------------------------------------- From: "Tim Fisher" Subject: Re: [CANSLIM] ADCT - failed b/o? Date: 21 Jul 2000 12:00:28 -0700 It fell back into its base, just like DIAN. Depends where you bot it and your risk tolerance. If it was me and I'd bot near the pivot, I'd still be in. At 01:17 PM 7/21/00 -0400, you wrote: >Does today's action of ADCT consitute a failed b/o? If it did fail, is >this a good time to get out? (In other words, do I give it more time to >prove itself as per WON?) > > >Anna > > >Tim Fisher on 07/20/2000 02:51:48 PM > >Please respond to canslim@lists.xmission.com > >To: canslim@lists.xmission.com >cc: >Subject: Re: [CANSLIM] re:CDT and ADCT > > > > >I already pointed out the CDT b/o a week or two ago. I liked it then & I >like it now. It's basing on the b/o and setting up a second stage. Is this >a handle? Not really. The spike in March was an untimely failed b/o and >it's had a nice double bottom since then. IBD, IMHO, is stretching this >chart to call it a C&H. ADCT OTOH is breaking out big right now on news. >Wish it had started before I picked up EMC. Better that it is a signed >contract and not earnings that is moving it, since it will probably start a >round of upgrades, earnings estimate revisions, and price target changes. >BTW ADCT is an LLUR, not a C&H. Look at how it bounces off the 50DMA like >it was a superball. So beautiful, almost makes me cry. > >On 02:13 AM 7/20/00, Tom Rogers Said: > >Hi, First I'd like to say how much I have enjoyed this group, and > >appreciate your responses to my introductory letter a few weeks ago. I > >picked up (at amazon.com) a copy of O'Neil's "How to make money in > >stocks", and Stan Weinstein's "Secrets for profiting in bull and bear > >markets". The first thing I really needed to know was how to set a stop > >loss, which Weinstein's book deals with quite well. > > > >Regarding stop loss at brokerage co's, I found that Fidelity is set up > >to do it with no increase in cost above their normal prices, and > >Vanguard makes a big deal out of it, having you call the trading desk > >directly and charging you $45 plus 3 cents per share. Based on that, I > >think I'll be moving my Roth IRA to Fidelity. > > > >Yesterdays (7/19) IBD discussed CDT (page A18), pointing out a 19 week > >cup with handle. When you look at the graph, there was a big single day > >spike in March followed by a decline and then upward trend. Recently it > >started to form a handle. Is this a decent cup and handle? Any > >comments on CDT are appreciated. > > > >Now look at ADCT which has been on a steady trend up to 42.5. In the > >last two weeks it has leveled off and declined in value 12%. Could one > >look at this like a handle? > > > >Tom Rogers > > > > > >- > >Tim Fisher >Ore-Rock-On and Pacific Fishery Biologists WWW Sites > >Tim@OreRockOn.com >WWW: http://OreRockOn.com >See naked fish and rocks! > > >- > > > > > >- Tim Fisher, 1995 President, Pacific Fishery Biologists Ore-ROCK-On Rockhounding Web Site PFB Information mailto:tim@OreRockOn.com WWW http://OreRockOn.com - ------------------------------------------------------------------------------- From: "lynn williams" Subject: Re: [CANSLIM] IVIS Date: 21 Jul 2000 12:02:24 -0400 would that patent suit rule apply then to JDSU which is being sued by Rockwell for patent infringement? lynn ----- Original Message ----- Sent: Friday, July 21, 2000 2:59 PM > Seems like new news on the lawsuit comes out every day, and is pushing it > down. I didn't like the looks of the news a few days and like it even less > now. IMHO it should be a CANSLIM rule to never buy a stock with a lawsuit > threatening them, esp. a patent infringement suit. Look at former high > flyer VISX for an example of what happens to a stock during a patent > fight...everybody loses! > > At 08:59 AM 7/21/00 -0700, you wrote: > > >Wow. Did you see IVIS today? Down $6 to $34 3/4. Stopped me > >out. Wonder what happened. > > > >Does anybody do any post-mortems when their stock hits the 8% > >loss limit? Is this considered just part of the percentages - > >You can't always win. You'll have some losers. If that's > >the case, what is your general batting average? Is 30% winners > >a good record? > > > >Eric > > > >-- > >-------------------------------------------------------------- > >Eric Shen MS LOC3-8 / / / Level One Communications > >email: eshen@level1.com | | |_/ an Intel company > >Tel: (916) 855 5177 | |___/ 9750 Goethe Road > > ext: 4497 |_____/ Sacramento, CA 95827 > > > >- > > Tim Fisher, 1995 President, Pacific Fishery Biologists > Ore-ROCK-On Rockhounding Web Site > PFB Information > mailto:tim@OreRockOn.com > WWW http://OreRockOn.com > > > - > - ------------------------------------------------------------------------------- From: "Tim Fisher" Subject: Re: [CANSLIM] IVIS Date: 21 Jul 2000 12:15:51 -0700 For me, it would be but one factor, among many others, that would keep me from buying JDSU. At 12:02 PM 7/21/00 -0400, you wrote: >would that patent suit rule apply then to JDSU which is being sued by >Rockwell for patent infringement? >lynn >----- Original Message ----- >From: "Tim Fisher" >To: >Sent: Friday, July 21, 2000 2:59 PM >Subject: Re: [CANSLIM] IVIS > > > > Seems like new news on the lawsuit comes out every day, and is pushing it > > down. I didn't like the looks of the news a few days and like it even less > > now. IMHO it should be a CANSLIM rule to never buy a stock with a lawsuit > > threatening them, esp. a patent infringement suit. Look at former high > > flyer VISX for an example of what happens to a stock during a patent > > fight...everybody loses! > > > > At 08:59 AM 7/21/00 -0700, you wrote: > > > > >Wow. Did you see IVIS today? Down $6 to $34 3/4. Stopped me > > >out. Wonder what happened. > > > > > >Does anybody do any post-mortems when their stock hits the 8% > > >loss limit? Is this considered just part of the percentages - > > >You can't always win. You'll have some losers. If that's > > >the case, what is your general batting average? Is 30% winners > > >a good record? > > > > > >Eric > > > > > >-- > > >-------------------------------------------------------------- > > >Eric Shen MS LOC3-8 / / / Level One Communications > > >email: eshen@level1.com | | |_/ an Intel company > > >Tel: (916) 855 5177 | |___/ 9750 Goethe Road > > > ext: 4497 |_____/ Sacramento, CA 95827 > > > > > >- > > > > Tim Fisher, 1995 President, Pacific Fishery Biologists > > Ore-ROCK-On Rockhounding Web Site > > PFB Information > > mailto:tim@OreRockOn.com > > WWW http://OreRockOn.com > > > > > > - > > > > >- Tim Fisher, 1995 President, Pacific Fishery Biologists Ore-ROCK-On Rockhounding Web Site PFB Information mailto:tim@OreRockOn.com WWW http://OreRockOn.com - ------------------------------------------------------------------------------- From: Earl Setser Subject: Re: [CANSLIM] IVIS Date: 21 Jul 2000 16:14:18 -0600 No, I didn't see what happened to IVIS today. Yes, I do post-mortems. Yes, this is part of the percentages (hitting your stops, that is). Yes, you will have some losers. I would LOVE a technique that didn't, but I would be EXTREMELY skeptical also. As far as winning percentage, I'll take a look at my "Post-Mortem" data base and see. The following summary of winners vs. losers only covers closed positions and does not include my present holdings. For the present holdings, I have 6 stocks, 4 are in positive territory (+15% or more) or 2 are around my buy price (give or take 1%). Since last August 99, I have 19 stocks that I lost money on. The losses range from -0.3% up to -20.2%. Most of the losses are in the -4% to -8% range. In this timeframe, I have bought 37 stocks, so I'm only batting about 50% for gains vs. losses. I should note that I feel I've learned quite a lot in this timeframe, so I hope to do better in the future. Also, six of these losses were in March 2000 when I bought some stocks on 8 and 9 day bases. I knew this wasn't per WON, but I couldn't resist. I count this as a -20% lesson that I don't plan to repeat!!! Also in this timeframe, I have 9 stocks total that I've profited 10% or more, 5 over 25%, and 3 over 70% gains. These few hot stocks can and have made up for many "not-so-good" decisions. Overall, I have a total gain of just a bit over 100% as of today's close (this does include my present holdings). As far as 30% winners, I think a good percentage depends quite a bit on your time horizion. I think you can use CANSLIM for day trading, intermediate term investing or long term investing. I think the percentage of winners is more important as the timeframe is shorter. As a daytrader, 30% winners wouldn't work, but if you buy and hold longer, then a very few winners could make up for more -8% losers. I've found that personally I hold stocks for a shorter period of time (mostly weeks to months) than I would like, because I tend to jump rather than hold through the larger corrections. I prefer to lock in that gain, and go to the next stock instead of trying to hold something for 1 year or more. I also think as you perfect your approach to CANSLIM, it's likely that your success percentage will rise. I hope all of this data makes sense, and you find it helpful. At 08:59 AM 7/21/00 -0700, you wrote: > >Wow. Did you see IVIS today? Down $6 to $34 3/4. Stopped me >out. Wonder what happened. > >Does anybody do any post-mortems when their stock hits the 8% >loss limit? Is this considered just part of the percentages - >You can't always win. You'll have some losers. If that's >the case, what is your general batting average? Is 30% winners >a good record? > >Eric > >-- >-------------------------------------------------------------- >Eric Shen MS LOC3-8 / / / Level One Communications >email: eshen@level1.com | | |_/ an Intel company >Tel: (916) 855 5177 | |___/ 9750 Goethe Road > ext: 4497 |_____/ Sacramento, CA 95827 > >- > > > - ------------------------------------------------------------------------------- From: Earl Setser Subject: Re: [CANSLIM] ADCT - failed b/o? Date: 21 Jul 2000 16:28:49 -0600 Base, is there a base there? Oh, sorry. The IBD has finally got to me, and I don't consider anything a base less than 7 weeks anymore. Are you referring to short base that started on when it closed at 42.5? It has corrected for about 3.5 weeks since then, and hit a new high yesterday on great volume. I generally use closing prices for my bases, so I would set the pivot at 42.75. With today's action, the stock testing the pivot and closed slightly below with quite low volume. I wouldn't call this a failed breakout, since the stock hasn't really violated the pivot by much price or volume. I WOULD look for it to move up in the next day or so to convince me it's worth holding further. It may be forming a high handle for that short base, but it's very hard to tell at this point. For a similar pattern, you could look at ELN. I bought it on a B/O a little while back at 51. It slipped below the pivot for a day or so, but has since moved back above the pivot, and it around my buy point. I'm still giving it a chance since the pivot seemed to be good support, and the weakness was widespread through its industry group. I DO hold a hard stop at -8% if it tries o get away. At 01:17 PM 7/21/00 -0400, you wrote: > > >Does today's action of ADCT consitute a failed b/o? If it did fail, is >this a good time to get out? (In other words, do I give it more time to >prove itself as per WON?) > > >Anna > > >Tim Fisher on 07/20/2000 02:51:48 PM > >Please respond to canslim@lists.xmission.com > >To: canslim@lists.xmission.com >cc: >Subject: Re: [CANSLIM] re:CDT and ADCT > > > > >I already pointed out the CDT b/o a week or two ago. I liked it then & I >like it now. It's basing on the b/o and setting up a second stage. Is this >a handle? Not really. The spike in March was an untimely failed b/o and >it's had a nice double bottom since then. IBD, IMHO, is stretching this >chart to call it a C&H. ADCT OTOH is breaking out big right now on news. >Wish it had started before I picked up EMC. Better that it is a signed >contract and not earnings that is moving it, since it will probably start a >round of upgrades, earnings estimate revisions, and price target changes. >BTW ADCT is an LLUR, not a C&H. Look at how it bounces off the 50DMA like >it was a superball. So beautiful, almost makes me cry. > >On 02:13 AM 7/20/00, Tom Rogers Said: >>Hi, First I'd like to say how much I have enjoyed this group, and >>appreciate your responses to my introductory letter a few weeks ago. I >>picked up (at amazon.com) a copy of O'Neil's "How to make money in >>stocks", and Stan Weinstein's "Secrets for profiting in bull and bear >>markets". The first thing I really needed to know was how to set a stop >>loss, which Weinstein's book deals with quite well. >> >>Regarding stop loss at brokerage co's, I found that Fidelity is set up >>to do it with no increase in cost above their normal prices, and >>Vanguard makes a big deal out of it, having you call the trading desk >>directly and charging you $45 plus 3 cents per share. Based on that, I >>think I'll be moving my Roth IRA to Fidelity. >> >>Yesterdays (7/19) IBD discussed CDT (page A18), pointing out a 19 week >>cup with handle. When you look at the graph, there was a big single day >>spike in March followed by a decline and then upward trend. Recently it >>started to form a handle. Is this a decent cup and handle? Any >>comments on CDT are appreciated. >> >>Now look at ADCT which has been on a steady trend up to 42.5. In the >>last two weeks it has leveled off and declined in value 12%. Could one >>look at this like a handle? >> >>Tom Rogers >> >> >>- > >Tim Fisher >Ore-Rock-On and Pacific Fishery Biologists WWW Sites > >Tim@OreRockOn.com >WWW: http://OreRockOn.com >See naked fish and rocks! > > >- > > > > > >- > > > - ------------------------------------------------------------------------------- From: Pritish Shah Subject: RE: [CANSLIM] LFUS Date: 21 Jul 2000 18:02:33 -0700 (PDT) Rakesh, As you must have noticed, lfus found major support at 200dma. There is institutional support here somewhere. Infact, it even edged up today on heavy volume showing that there is some buying. The same company that disputed the earnings numbers raised the stock from market perform to a strong buy. That company being Robert W. Baird. Go figure that one out. Regards, Shah 408-525-4263 On Thu, 20 Jul 2000, Rocky Sanghvi wrote: > what happened to LFUS? I guess the market doesn't like its earnings! > > Rakesh > > > > -----Original Message----- > From: Tim Fisher [mailto:tim@OreRockOn.com] > Sent: Wednesday, July 19, 2000 1:12 PM > To: canslim@lists.xmission.com > Subject: Re: [CANSLIM] Comments on EMC ? > > > I had to choose between it and DIAN this AM. Chose DIAN for the chart. > EMC's cup is very shallow, even for a saucer, it hasn't formed even a > rudimentary handle, and doesn't have that look of kicking out the weak > holders to it. I.e. there could be considerable resistance around 83. A > better buy-in point for EMC would have been the "stealth" b/o on 6/16. Plus > they reported last nite, and this is a news-related b/o attempt (notice I > said attempt - it still hasn't stayed above the pivot for more than a few > seconds so far today). DIAN is breaking out for no apparent reason other > than it is associated with genomics AFAIK. > > On 07:39 AM 7/19/00, Stuart_Clemons@lotus.com Said: > >Hi all: > > > >Anyone have any comments or analysis of EMC's chart ? > > > >As I write this, EMC is up 4 1/4 at 82 7/8, right around it's 52 week high. > >Volume appears to be running at an above average rate at around 5mil after > >1 hour & 20 minutes of trading. (the Microsoft MSN money site shows ave > >vol to be 9.3 mil) > > > > From today's IBD: 97 90 A A B > > > >Disc: I don't own EMC (yet). > > > >- Stuart > > > > > >- > > Tim Fisher > Ore-Rock-On and Pacific Fishery Biologists WWW Sites > > Tim@OreRockOn.com > WWW: http://OreRockOn.com > See naked fish and rocks! > > > - > > - > > - ------------------------------------------------------------------------------- From: Earl Setser Subject: [CANSLIM] Whip, whip, whipSAW!!! Date: 21 Jul 2000 19:27:15 -0600 Well, I've been in and out, in and out of various stocks since the last FT in early June. I got fully invested during the first couple of weeks in June, but then the stocks started to fail. Not all of the stocks, mind you, and certainly not the NASDAQ overall, but first one then another. I started using hard stops, and putting in trailing stops to lock in some gains. This worked to some level, but the number of trades seems very high. I have 5 positions out of 6 right now, and I may grab something on Monday. But looking back, I've sold 10 stocks over the last 6 weeks or so. One fails, ah, there's a B/O, buy it.. either the new one fails or another one fails. Geez, this is too much like work!! (Haha, just kidding!) Not to over-complain, I'm still profiting from this market, and I seem to be able to get small gains out of most of my purchases, at least on average. But it still bothers me, as I hear whip, whip, whip (short for whipsaw!!!) and see the Fidelity managers smile with glee at all the commissions rolling in. BTW, a quick check shows that 5 of my sells are up, and 5 are down since I sold. Only SDLI has screamed up, and that was based on the buyout by JDSU (I certainly wouldn't have guessed that one). How's everyone else doing? Anybody making any money out there? Trading more than normal, or is this normal? Well, back to gathering data for next week. Whip, whip, what is that sound? :-) - ------------------------------------------------------------------------------- From: "Patrick Wahl" Subject: Re: [CANSLIM] IVIS Date: 21 Jul 2000 20:00:11 -0600 On 21 Jul 00, at 16:14, Earl Setser wrote: > quite a lot in this timeframe, so I hope to do better in the future. Also, > six of these losses were in March 2000 when I bought some stocks on 8 and 9 > day bases. I knew this wasn't per WON, but I couldn't resist. I count > this as a -20% lesson that I don't plan to repeat!!! This week in the Investors Corner in IBD they had an article that warned about exactly that - buying stocks from too short of a base, and also said that the number of stock breaking out of such short bases in March was an indication of a dangerous market. - ------------------------------------------------------------------------------- From: Earl Setser Subject: Re: [CANSLIM] IVIS Date: 21 Jul 2000 20:08:15 -0600 Hehe, yep, they pegged me with that one. They even used EMLX as an example and that was one of my holdings! Darn, I hate it when they are right and they rub it in!! At 08:00 PM 7/21/00 -0600, you wrote: > > >On 21 Jul 00, at 16:14, Earl Setser wrote: > > >> quite a lot in this timeframe, so I hope to do better in the future. Also, >> six of these losses were in March 2000 when I bought some stocks on 8 and 9 >> day bases. I knew this wasn't per WON, but I couldn't resist. I count >> this as a -20% lesson that I don't plan to repeat!!! > >This week in the Investors Corner in IBD they had an article that >warned about exactly that - buying stocks from too short of a base, >and also said that the number of stock breaking out of such short >bases in March was an indication of a dangerous market. > >- > > > - ------------------------------------------------------------------------------- From: Dennis Jun Subject: Re: [CANSLIM] IVIS Date: 21 Jul 2000 20:54:15 -0400 (EDT) On Fri, 21 Jul 2000, Eric Shen wrote: > > Wow. Did you see IVIS today? Down $6 to $34 3/4. Stopped me > out. Wonder what happened. > > Does anybody do any post-mortems when their stock hits the 8% > loss limit? Is this considered just part of the percentages - > You can't always win. You'll have some losers. If that's > the case, what is your general batting average? Is 30% winners > a good record? > > Eric Well, let's see: C & A: According to IBD, it has a EPS rating of 76. O'Neil suggest at least 80. That's not a good. N: On July 12th, they introduced some new products at a convention. That's good. S: There are only 10.5M shares outstanding. O'Neil said the median for the best companies was bout 25M. David Ryan likes stocks in the 5-10M range. So that's good. L: According to IBD, the RS rating was 93, which is very good. The group strength rating is A, which is also good. I: There was 5% institutional sponsership. David Ryan reccomends 1%-20%, so that's good. Plus, the sponsership rating was B, which is pretty good. M: Well, this one is of course the most subjective, however, I would suspect that most would argree we are in a trading range and not a bear market, at least not yet. So that's fine. The fundamentals look pretty good, except for the EPS part. That could have been stronger. Now onto the technical side. Looking at the chart of it, the right side of the cup formation seems a bit sloppy but I think acceptable. However, I think the big clue that this might have failed was the lack of the volume drying up on the handle. The volume during the handle (July 10-13) seems to have been steady. In fact, it even increased slightly. The volume dry-up is needed to shake out the weak investors who bought the stock on the left side of the cup, near it's high. In fact, there was a good article in IBD in "Investor's Corner" on July 13 about loose handles, and even today's IBD (July 21) cautioned against buying a stock if the handle looks weak. Anywayz, that's my 2 cents post-mortem. - ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] ADCT - failed b/o? Date: 21 Jul 2000 22:17:47 -0400 I wouldn't consider it yet to be a failed b/o. Today's decline, in an ugly "M", only reached the top of the base, and did so on well under ADV. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html ----- Original Message ----- Sent: Friday, July 21, 2000 1:17 PM Does today's action of ADCT consitute a failed b/o? If it did fail, is this a good time to get out? (In other words, do I give it more time to prove itself as per WON?) Anna Tim Fisher on 07/20/2000 02:51:48 PM Please respond to canslim@lists.xmission.com cc: I already pointed out the CDT b/o a week or two ago. I liked it then & I like it now. It's basing on the b/o and setting up a second stage. Is this a handle? Not really. The spike in March was an untimely failed b/o and it's had a nice double bottom since then. IBD, IMHO, is stretching this chart to call it a C&H. ADCT OTOH is breaking out big right now on news. Wish it had started before I picked up EMC. Better that it is a signed contract and not earnings that is moving it, since it will probably start a round of upgrades, earnings estimate revisions, and price target changes. BTW ADCT is an LLUR, not a C&H. Look at how it bounces off the 50DMA like it was a superball. So beautiful, almost makes me cry. On 02:13 AM 7/20/00, Tom Rogers Said: >Hi, First I'd like to say how much I have enjoyed this group, and >appreciate your responses to my introductory letter a few weeks ago. I >picked up (at amazon.com) a copy of O'Neil's "How to make money in >stocks", and Stan Weinstein's "Secrets for profiting in bull and bear >markets". The first thing I really needed to know was how to set a stop >loss, which Weinstein's book deals with quite well. > >Regarding stop loss at brokerage co's, I found that Fidelity is set up >to do it with no increase in cost above their normal prices, and >Vanguard makes a big deal out of it, having you call the trading desk >directly and charging you $45 plus 3 cents per share. Based on that, I >think I'll be moving my Roth IRA to Fidelity. > >Yesterdays (7/19) IBD discussed CDT (page A18), pointing out a 19 week >cup with handle. When you look at the graph, there was a big single day >spike in March followed by a decline and then upward trend. Recently it >started to form a handle. Is this a decent cup and handle? Any >comments on CDT are appreciated. > >Now look at ADCT which has been on a steady trend up to 42.5. In the >last two weeks it has leveled off and declined in value 12%. Could one >look at this like a handle? > >Tom Rogers > > >- Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - - - ------------------------------------------------------------------------------- From: Dan Forant Subject: Re: [CANSLIM] Whip, whip, whipSAW!!! Date: 21 Jul 2000 22:21:48 -0400 In the last 4 weeks I have sold and bought more than 10 stocks. This market is seriously messed up. So I take my gains anywhere's from 5-15%. I know you can't time the market but I don't have the nerve to hold for 6 months, not in this climate. Since January I'm near 50% over investment. That's great and I don't expect much. I realize '99 spoiled some. I wasn't in then. After today (Friday) I'm completely cash, till Monday. I don't wait for 7-8% losses, more like 4%, so I'm trading a lot. I keep about 60 stocks on my watch list with 10 near breakouts on my cell phone alerts when away from the PC. Ivis shook me a little, glad I had a sell stop. Never leave home without it. Dan At 07:27 PM 7/21/00 -0600, you wrote: >Well, I've been in and out, in and out of various stocks since the last FT >in early June. I got fully invested during the first couple of weeks in >June, but then the stocks started to fail. Not all of the stocks, mind >you, and certainly not the NASDAQ overall, but first one then another. I >started using hard stops, and putting in trailing stops to lock in some >gains. This worked to some level, but the number of trades seems very >high. I have 5 positions out of 6 right now, and I may grab something on >Monday. But looking back, I've sold 10 stocks over the last 6 weeks or so. > One fails, ah, there's a B/O, buy it.. either the new one fails or another >one fails. Geez, this is too much like work!! (Haha, just kidding!) > >Not to over-complain, I'm still profiting from this market, and I seem to >be able to get small gains out of most of my purchases, at least on >average. But it still bothers me, as I hear whip, whip, whip (short for >whipsaw!!!) and see the Fidelity managers smile with glee at all the >commissions rolling in. BTW, a quick check shows that 5 of my sells are >up, and 5 are down since I sold. Only SDLI has screamed up, and that was >based on the buyout by JDSU (I certainly wouldn't have guessed that one). > >How's everyone else doing? Anybody making any money out there? Trading >more than normal, or is this normal? Well, back to gathering data for next >week. Whip, whip, what is that sound? :-) > >- > > - ------------------------------------------------------------------------------- From: Dan Forant Subject: Re: [CANSLIM] IVIS Date: 21 Jul 2000 22:29:55 -0400 All systems are adjustable to some extent. Depends how gutsy one is. Are there any percentages of just how successful CANSLIM is or isn't? It's the only system I know, so I don't have a clue. And I'm a real beginner at CANSLIM, 7 months now. Luckily for me it's the first book I came across in the bookstore. Dan At 08:54 PM 7/21/00 -0400, you wrote: >On Fri, 21 Jul 2000, Eric Shen wrote: > >> >> Wow. Did you see IVIS today? Down $6 to $34 3/4. Stopped me >> out. Wonder what happened. >> >> Does anybody do any post-mortems when their stock hits the 8% >> loss limit? Is this considered just part of the percentages - >> You can't always win. You'll have some losers. If that's >> the case, what is your general batting average? Is 30% winners >> a good record? >> >> Eric > >Well, let's see: > >C & A: >According to IBD, it has a EPS rating of 76. O'Neil suggest at least >80. That's not a good. > >N: >On July 12th, they introduced some new products at a convention. That's >good. > >S: >There are only 10.5M shares outstanding. O'Neil said the median for the >best companies was bout 25M. David Ryan likes stocks in the 5-10M >range. So that's good. > >L: >According to IBD, the RS rating was 93, which is very good. The group >strength rating is A, which is also good. > >I: >There was 5% institutional sponsership. David Ryan reccomends 1%-20%, so >that's good. Plus, the sponsership rating was B, which is pretty good. > >M: >Well, this one is of course the most subjective, however, I would suspect >that most would argree we are in a trading range and not a bear market, at >least not yet. So that's fine. > >The fundamentals look pretty good, except for the EPS part. That could >have been stronger. Now onto the technical side. > >Looking at the chart of it, the right side of the cup formation >seems a bit sloppy but I think acceptable. However, I think the big clue >that this might have failed was the lack of the volume drying up on the >handle. The volume during the handle (July 10-13) seems to have been >steady. In fact, it even increased slightly. The volume dry-up is needed >to shake out the weak investors who bought the stock on the left side of >the cup, near it's high. In fact, there was a good article in IBD in >"Investor's Corner" on July 13 about loose handles, and even today's IBD >(July 21) cautioned against buying a stock if the handle looks weak. > >Anywayz, that's my 2 cents post-mortem. > >- > > - ------------------------------------------------------------------------------- From: "Bill Triffet" Subject: Re: [CANSLIM] Whip, whip, whipSAW!!! Date: 21 Jul 2000 19:38:22 -0700 Earl, Just dabbling here and there since March for me. This market has been way too fickle for me. I'm still sitting at 90% cash. I bought BMET back at 40 but since dropped it yesterday. Looking back I may have sold too soon but I did buy it off an erratic if upwards handle b/o. Still holding SEBL though I'm at my break-even point having bought at the dip after the double bottom b/o last month. Again, probably wasn't as good a CANSLIM candidate as I could have picked. Maybe October will reward us again this year? (g). -Bill ----- Original Message ----- > How's everyone else doing? Anybody making any money out there? Trading > more than normal, or is this normal? Well, back to gathering data for next > week. Whip, whip, what is that sound? :-) > > - > > - ------------------------------------------------------------------------------- From: Walter Stock Subject: Re: [CANSLIM] Whip, whip, whipSAW!!! Date: 21 Jul 2000 22:59:09 -0400 Am fully invested, but no margin. Have bought into 14 stocks at different times since the beginning of June, and sold about half. So far my trading account is at breakeven (small gains and small losses). My retirement accounts are up about 34% during that period, thanks to ELNT, NT and CMS (on TSE not NYSE). Am still long those three, plus JNPR, SAPE, CSCO, and JDSU (bought it today). I positively dislike the tone of this market, and am quick to dump the losers- no waiting around for a 7% loss. Pull the trigger, and look for the next breakout. If a stock breaks below pivot or nearby support on volume, it's history. Walter Stock Oakville, ON, Canada Earl Setser wrote: > Well, I've been in and out, in and out of various stocks since the last FT > in early June. I got fully invested during the first couple of weeks in > June, but then the stocks started to fail. Not all of the stocks, mind > you, and certainly not the NASDAQ overall, but first one then another. I > started using hard stops, and putting in trailing stops to lock in some > gains. This worked to some level, but the number of trades seems very > high. I have 5 positions out of 6 right now, and I may grab something on > Monday. But looking back, I've sold 10 stocks over the last 6 weeks or so. > One fails, ah, there's a B/O, buy it.. either the new one fails or another > one fails. Geez, this is too much like work!! (Haha, just kidding!) > > Not to over-complain, I'm still profiting from this market, and I seem to > be able to get small gains out of most of my purchases, at least on > average. But it still bothers me, as I hear whip, whip, whip (short for > whipsaw!!!) and see the Fidelity managers smile with glee at all the > commissions rolling in. BTW, a quick check shows that 5 of my sells are > up, and 5 are down since I sold. Only SDLI has screamed up, and that was > based on the buyout by JDSU (I certainly wouldn't have guessed that one). > > How's everyone else doing? Anybody making any money out there? Trading > more than normal, or is this normal? Well, back to gathering data for next > week. Whip, whip, what is that sound? :-) > > - - ------------------------------------------------------------------------------- From: Kent Norman Subject: Re: [CANSLIM] Whip, whip, whipSAW!!! Date: 21 Jul 2000 22:21:35 -0500 Earl I feel the same way. Sometimes it feels that some big force is deliberately driving the prices below the 8% line just to make the little guys stagger. To counter this I have been focusing on all time highs instead of 52 week highs. Since there is no overhead from previous highs, no inclination to sell out. I just started this strategy so time will tell. Of course this wont protect me from panics due to bad (or even good) earnings reports and general foul market moods. I just have fewer reasons for someone to pull the rug out from under me. I really would like to grab a few stocks that stay for 2 or 3 years. This hunt and peck thing gets wearisome. My lady is starting to rumble about me spending too much time at the computer. Regards Kent Earl Setser wrote: > > Well, I've been in and out, in and out of various stocks since the last FT > in early June. I got fully invested during the first couple of weeks in > June, but then the stocks started to fail. Not all of the stocks, mind > you, and certainly not the NASDAQ overall, but first one then another. I > started using hard stops, and putting in trailing stops to lock in some > gains. This worked to some level, but the number of trades seems very > high. I have 5 positions out of 6 right now, and I may grab something on > Monday. But looking back, I've sold 10 stocks over the last 6 weeks or so. > One fails, ah, there's a B/O, buy it.. either the new one fails or another > one fails. Geez, this is too much like work!! (Haha, just kidding!) > > Not to over-complain, I'm still profiting from this market, and I seem to > be able to get small gains out of most of my purchases, at least on > average. But it still bothers me, as I hear whip, whip, whip (short for > whipsaw!!!) and see the Fidelity managers smile with glee at all the > commissions rolling in. BTW, a quick check shows that 5 of my sells are > up, and 5 are down since I sold. Only SDLI has screamed up, and that was > based on the buyout by JDSU (I certainly wouldn't have guessed that one). > > How's everyone else doing? Anybody making any money out there? Trading > more than normal, or is this normal? Well, back to gathering data for next > week. Whip, whip, what is that sound? :-) > > - - ------------------------------------------------------------------------------- From: "Patrick Wahl" Subject: Re: [CANSLIM] ADCT - failed b/o? Date: 21 Jul 2000 21:38:07 -0600 On 21 Jul 00, at 13:17, asosis@ca.ibm.com wrote: > > > Does today's action of ADCT consitute a failed b/o? If it did fail, is > this a good time to get out? (In other words, do I give it more time to > prove itself as per WON?) I don't think today was a failed breakout, it didn't even return to the top of the previous base, if that was a base, but also not sure the previous day's spike up was a breakout either, since the previous 4 week (5 week?) consolidation period probably isn't quite long enough to constitute a base. Anway, if you are in, you could probably give it a bit more latitude before deciding to exit. Speaking of breakouts, AMGN is worth a look, that one broke out of a nice looking base today. - ------------------------------------------------------------------------------- From: "Peter D. Christiansen" Subject: Re: [CANSLIM] IVIS Date: 22 Jul 2000 14:13:09 +0700 A couple of points... If the EPS is increasing big time in the last two quarters, WON says you can accept a lower EPS ranking. I would say that IVIS qualifies in that respect. I am of the opinion that the handle to be buying off of was from 6/26 to 7/6. Volume dried up, and the price action got nice and tight on the last two days of the handle. Anyway, it didn't work. That is nothing new in this market. An excellent case for hard stops Since the O'Neil follow through day, I am breaking even. This is due to nice gains in JACO and AFCO offsetting a lot of small losses. If you read Greg Khun's column on Trading Markets.com, you know he ain't making any money right now either. Peter Dennis Jun wrote: > On Fri, 21 Jul 2000, Eric Shen wrote: > > > > > Wow. Did you see IVIS today? Down $6 to $34 3/4. Stopped me > > out. Wonder what happened. > > > > Does anybody do any post-mortems when their stock hits the 8% > > loss limit? Is this considered just part of the percentages - > > You can't always win. You'll have some losers. If that's > > the case, what is your general batting average? Is 30% winners > > a good record? > > > > Eric > > Well, let's see: > > C & A: > According to IBD, it has a EPS rating of 76. O'Neil suggest at least > 80. That's not a good. > > N: > On July 12th, they introduced some new products at a convention. > That's > good. > > S: > There are only 10.5M shares outstanding. O'Neil said the median for > the > best companies was bout 25M. David Ryan likes stocks in the 5-10M > range. So that's good. > > L: > According to IBD, the RS rating was 93, which is very good. The group > strength rating is A, which is also good. > > I: > There was 5% institutional sponsership. David Ryan reccomends 1%-20%, > so > that's good. Plus, the sponsership rating was B, which is pretty good. > > M: > Well, this one is of course the most subjective, however, I would > suspect > that most would argree we are in a trading range and not a bear > market, at > least not yet. So that's fine. > > The fundamentals look pretty good, except for the EPS part. That could > > have been stronger. Now onto the technical side. > > Looking at the chart of it, the right side of the cup formation > seems a bit sloppy but I think acceptable. However, I think the big > clue > that this might have failed was the lack of the volume drying up on > the > handle. The volume during the handle (July 10-13) seems to have been > steady. In fact, it even increased slightly. The volume dry-up is > needed > to shake out the weak investors who bought the stock on the left side > of > the cup, near it's high. In fact, there was a good article in IBD in > "Investor's Corner" on July 13 about loose handles, and even today's > IBD > (July 21) cautioned against buying a stock if the handle looks weak. > > Anywayz, that's my 2 cents post-mortem. > > - -- Peter D Christiansen Chiang Mai, Thailand <*> "Poverty is not a mortgage on the labor of others - misfortune is not a mortgage on achievement - failure is not a mortgage on success - suffering is not a claim check, and its relief is not the goal of existence - man is not a sacrificial animal on anyone's altar nor for anyone's cause - life is not one huge hospital." -- "Apollo 11," The Objectivist <*> - ------------------------------------------------------------------------------- From: "Frank V. Wolynski" Subject: Re: [CANSLIM] Whip, whip, whipSAW!!! Date: 22 Jul 2000 12:33:56 -0400 I've been using this strategy of all time highs since last fall and have taken my single $5k account to two accounts totaling over $50k. I am not using strict canslim criteria however. It is highly speculative and I do not advise you try this. It is based however on many of WONs teachings. I am highly group focused and able to watch and wait for my exact entrance criteria to be met. It has been extremely tiring since Spring however. It has caused me to be much more dogmatic in applying WONs teachings regarding bases, breakouts and market timing. I do go way beyond WONs simple approach to market timing and have developed my own tried and true indicators. This has helped tremendously. I recommend becoming your own Guru as soon as you are able to develope the necessary indicators. Good luck to you and all, I think you are on the correct path to better returns. Regards, Frank Wolynski (Often Wrong, plan accordingly!) At 10:21 PM 7/21/00 -0500, you wrote: >Earl > >I feel the same way. Sometimes it feels that some big force is >deliberately driving the prices below the 8% line just to make the >little guys stagger. > >To counter this I have been focusing on all time highs instead of 52 >week highs. Since there is no overhead from previous highs, no >inclination to sell out. I just started this strategy so time will tell. >Of course this wont protect me from panics due to bad (or even good) >earnings reports and general foul market moods. I just have fewer >reasons for someone to pull the rug out from under me. I really would >like to grab a few stocks that stay for 2 or 3 years. This hunt and peck >thing gets wearisome. > . Regards Kent - ------------------------------------------------------------------------------- From: greg ruehler Subject: [CANSLIM] WON and Ryan Date: 22 Jul 2000 09:38:57 -0700 (PDT) Reading your messages, I keep coming across WON and sometimes Ryan. Can some one bring me upto speed with these two, ie., if there are any websites or books written by them so I can figure out their teachings. Mucho appreciated. Greg __________________________________________________ Do You Yahoo!? Get Yahoo! Mail – Free email you can access from anywhere! http://mail.yahoo.com/ - ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] WON and Ryan Date: 22 Jul 2000 13:51:09 -0400 Hi Greg, This group is a CANSLIM group, in which we try to learn more about applying Wm O'Neil's (WON) philosophy of investing using CANSLIM as developed by WON. His book is HTMMIS (How To Make Money In Stocks) and is over ten years old now. He recently published a 26 week series on investing which is more current than HTMMIS, I don't know if it is still on the net, but am sure a member will post the address if so. Ryan is David Ryan, a twice national winner of an investment competition, who joined WON after his victories. He periodically writes articles for IBD (Investor's Business Daily founded by WON). Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html ----- Original Message ----- Sent: Saturday, July 22, 2000 12:38 PM Reading your messages, I keep coming across WON and sometimes Ryan. Can some one bring me upto speed with these two, ie., if there are any websites or books written by them so I can figure out their teachings. Mucho appreciated. Greg __________________________________________________ Do You Yahoo!? Get Yahoo! Mail - Free email you can access from anywhere! http://mail.yahoo.com/ - - ------------------------------------------------------------------------------- From: Kraus0R@cs.com Subject: Re: [CANSLIM] WON and Ryan Date: 22 Jul 2000 18:19:38 EDT www.investors.com I also like www.clearstation.com and www.bigcharts.com Roger - ------------------------------------------------------------------------------- From: "james sullivan" Subject: Re: [CANSLIM] Whip, whip, whipSAW!!! Date: 22 Jul 2000 22:06:01 -0400 >I've been using this strategy of all time highs since last fall and have >taken my single $5k account to two accounts totaling over $50k> >(Often Wrong, plan accordingly!) apparently, not that often ;^) - ------------------------------------------------------------------------------- From: "Tom Worley" Subject: [CANSLIM] DGO List - Part One Date: 23 Jul 2000 07:57:07 -0400 Overall list slipped slightly in the volatility of last week, down to 171 vs 176 the previous week. Before that it was 153, 164, and 158. Bear in mind that the overall list starts with those stocks in WON's Daily Graphs books that were at or within 5% of their 12 month high during the prior week, and as of Friday also had both RS and EPS of 80 or better. Those that made my visual review of the chart as listed below is strictly my own opinion. And as always, Bx is my shorthand for Base = x weeks AMCC - gap up, holding new B1 on declining vol BFCI - B3 ACLNF - B1+ HAKI - B1+ NT - B1 SANM - B1+, 1st b/o failed PRLX - B2+ RHI - B1 ELNT - B1 GLW - B1 FWRD - approached pivot point on Friday on volume TWP - B5 IMPH - B2 FII - LLUR DYN - B2 PAYX - B5 AD - B3 TGH - B3 KSS - B2, vol declining NAT - b/o failing?, returning to tight B5 Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html - ------------------------------------------------------------------------------- From: "Dave" Subject: Re: [CANSLIM] Whip, whip, whipSAW!!! Date: 23 Jul 2000 08:29:08 -0700 This is a very difficult market. I have traded 20 stocks since the follow though and currently have a 14% profit from the May low. Reading the market has been especially complicated until the most recent breakout. Since then I have seen little that would cause me to cut my exposure. I am currently 70% invested. I am holding JNPR, BRCD, NTAP, NT and ADBE. If next week is a good week I will be on margin by Tuesdayish. None of my stops were hit in the most recent correction but I did cut all my marginal profit/loss positions to reduce exposure. Friday was a bullish day in my opinion and there are many sound base setups out there to play. That is all I need to see to get fully invested. Good Trading, DSquires Here are Greg Kuhn comments on this whipsaw market... I could have also entitled this column, "See, Believe, React - Act II." The best one, though, came via e-mail early Wednesday evening from one of my limited partners who religiously reads my column: "Coach (referring to my recent analogy of former professional football coach Tom Landry), call a time out! I think the other team is playing with 15 guys." It sure felt like it Tuesday and Wednesday. But there I was, as mechanically as possible -- recalling how Coach Landry looked straight ahead, expressionless, after his star QB just got sacked pushing his Cowboys back into another third-and-ten situation -- unloading another round of stock. Hey, this is progress. To go back and forth, get chopped up here and there, make no money in the process -- for weeks, close up shop at the bell, and chalk it up as another day at the office. Five years ago I would've been throwing chart books across the room. If someone opened the door and walked in my office as one these missiles was in flight...oh, well. The person should have known -- don't walk into my office while I'm losing money! All emotions aside, things are obviously still a bit tacky in the market. Although the Nasdaq Composite sucked back down once again Wednesday, volume paled in comparison to last week's breakout volume. In fact, volume declined successively over the past two trading sessions. This action is healthy during a base-building process. As long as volume contracts on down days and expands on up days, the situation is viewed as healthy. Nonetheless, cheaters -- those buying stocks before they breakout -- are getting cheated, especially right in front of an earnings report. Take one look at what happened to Veritas Software (VRTS) Wednesday. It never broke above its pivot-point and got slammed. Stocks that even blasted out of basing patterns on huge volume got whacked on better-than-expected earnings. Take one look at Copper Mountain Networks (CMTN). Now there's a beauty. Then again, for every one of those, there's an Applied Micro Circuits (AMCC). As I pointed out in my last column, the stock burst higher from the depths of its basing pattern late late week on another huge quarterly earnings report -- not to mention the fifth consecutive quarter of accelerating, year-over-year quarterly earnings growth. What's it doing? Hanging in there. Take a look. If the market can hold and recover from here, it appears to be forming a nice pivot. Bear in mind -- as always -- a basing pattern isn't complete until the stock can break out from it. And you need that volume increase too for a valid breakout. Case in point, Siebel Systems (SEBL) broke out from its basing pattern last week on only a slight increase above average daily volume. The company came through with its earnings report but dropped back to its breakout point on the heaviest volume in eight weeks. The opposite of what you want to see in price-and-volume action. Among some other recent breakout attempts, Checkpoint Software (CHKP) succumbed just ahead of its earnings report Wednesday, crashing back below its recent breakout spot on one of the heaviest volume days in the stock's trading history. Not a good situation. PMC Sierra (PMCS), which cleared some shelf space on heavy volume last week, closed just below the lip of last week's pivot point, but Network Appliance (NTAP) hung in well Wednesday, likely on the strength of fellow memory-device company EMC Corp (EMC). Varian (VARI) was certainly one bright spot Wednesday. Following its heavy-volume breakout move a week ago, it rallied strongly into the close on heavy volume. Just what you want to see from a stock that tested its breakout point early in the session. The pivot-point two weeks ago was 50 3/8. The intraday low Wednesday was 50 1/8. I'd say the line in the sand has been drawn on this one. A successful stock -- one with the potential for substantial gain -- should now hold this critical level. Picking your buy spots carefully is ever more important in this environment. How I long for those days when the market easily hid my mistakes. Some names are working, other aren't, while others are still setting up. Stay on top of your stops. Adjust the rules I've laid at your own peril. Remember, your job as an intermediate-term trader isn't to make money on every trade. It's to position yourself for the big advances. Don't confuse what's going on right now with the future. As I wrote last week, if you're just beginning with this methodology, it's been baptism by fire. I'm here to tell you it's really, really difficult right now. Don't let it get you down. I've been through it before. That's why I can walk away from my office on days like Wednesday without letting it get me down. As tough as it may be on the nerves to feel good one day, only to back-pedal the next, it's all part of the process in the discipline. If you want to play in the tall weeds with the big dogs, you have to protect your capital. ----- Original Message ----- Sent: Friday, July 21, 2000 7:59 PM > Am fully invested, but no margin. Have bought into 14 stocks > at different times since the beginning of June, and sold about half. > > So far my trading account is at breakeven (small gains and > small losses). My retirement accounts are up about 34% during that > period, thanks to ELNT, NT and CMS (on TSE not NYSE). > > Am still long those three, plus JNPR, SAPE, CSCO, and JDSU > (bought it today). > > I positively dislike the tone of this market, and am quick to dump > the losers- no waiting around for a 7% loss. Pull the trigger, and > look for the next breakout. If a stock breaks below pivot or nearby > support on volume, it's history. > > Walter Stock > Oakville, ON, Canada > > Earl Setser wrote: > > > Well, I've been in and out, in and out of various stocks since the last FT > > in early June. I got fully invested during the first couple of weeks in > > June, but then the stocks started to fail. Not all of the stocks, mind > > you, and certainly not the NASDAQ overall, but first one then another. I > > started using hard stops, and putting in trailing stops to lock in some > > gains. This worked to some level, but the number of trades seems very > > high. I have 5 positions out of 6 right now, and I may grab something on > > Monday. But looking back, I've sold 10 stocks over the last 6 weeks or so. > > One fails, ah, there's a B/O, buy it.. either the new one fails or another > > one fails. Geez, this is too much like work!! (Haha, just kidding!) > > > > Not to over-complain, I'm still profiting from this market, and I seem to > > be able to get small gains out of most of my purchases, at least on > > average. But it still bothers me, as I hear whip, whip, whip (short for > > whipsaw!!!) and see the Fidelity managers smile with glee at all the > > commissions rolling in. BTW, a quick check shows that 5 of my sells are > > up, and 5 are down since I sold. Only SDLI has screamed up, and that was > > based on the buyout by JDSU (I certainly wouldn't have guessed that one). > > > > How's everyone else doing? Anybody making any money out there? Trading > > more than normal, or is this normal? Well, back to gathering data for next > > week. Whip, whip, what is that sound? :-) > > > > - > > > - > - ------------------------------------------------------------------------------- From: "Tom Worley" Subject: [CANSLIM] DGO List - Part Two Date: 23 Jul 2000 19:52:20 -0400 AUDC - b/o failed, short base held AGE - B1+ JKHY - b/o failed, secondary offering pends, back to B5 AES - B1+ ELN - B2 AH - B5 OMI - B3 FISV - more a 7 week trading range than a base, revenues up, ADV declining LLL - B3, but Q1 shows huge drop in earnings sequentially, tho good y2y PENN - B2 or volatile B7 TEVA - B6 SKYW - B1+ APW - B1+ APOL - b/o failed Friday, back to B2 MGG - vol on Thu, ADV on Fri, trying to break out of 10 week trading range GNWR - cup a little too deep, but otherwise a nice handle forming on declining vol ROG - B5 CGP - 10 week trading range, strong recent growth in both revenues and earnings RI - B3 NTRS - B1 LUX - B3 BRO - B5, may have topped GDW - sloppy B7, trading range PDII - B1+ IGT - B10, on the road to recovery?? AMFH - B4, earnings erratic Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html - ------------------------------------------------------------------------------- From: Kent Norman Subject: Re: [CANSLIM] DGO List - Part Two Date: 23 Jul 2000 19:40:54 -0500 per EXCITE. At least one date is suspect. Thanks Tom ACLNF n/a AD 10/18 AES 7/21 AGE 9/19 AH 8/4 AMCC 10/10 AMFH n/a APOL 6/20 ??? APW 10/3 AUDC 10/11 BFCI 9/14 BRO 10/10 CGP 7/21 DYN 10/25 ELN 10/18 ELNT 11/1 FII 10/18 FISV 7/19 FWRD 10/16 GDW 10/13 GLW 10/12 GNWR 8/1 HAKI 7/26 IGT 11/1 IMPH 7/26 JKHY 10/19 KSS 8/16 LLL 7/18 LUX 7/26 MGG 7/20 NAT n/a NT 7/26 NTRS 10/17 OMI 10/12 PAYX 9/15 PDII 7/31 PENN 7/27 PRLX 8/22 RHI 10/18 RI 9/29 ROG 10/16 SANM 10/24 SKYW 7/24 TEVA 7/28 TGH 8/13 TWP 8/8 Knet - ------------------------------------------------------------------------------- From: "Frank V. Wolynski" Subject: Re: [CANSLIM] Whip, whip, whipSAW!!! Date: 23 Jul 2000 20:34:04 -0400 At 09:52 AM 7/22/00 -0700, you wrote: >You results are very impressive. Could you share some >of your refined tactics with us, things you have >mustered thru sheer dedication and experience. > >Rgds, >Greg > First to apologize to all Canslim followers for this far to lengthy deviation from the canslim system. Second, which stocks? It is absolutely imperative you follow only stocks that are at or near all time highs. I use AIQ's Trading Expert and have built a custom scan to find those that have made a new high in the past 8 weeks. I further limit my scan to those stocks that have also set a new Relative Strength new high in the same period. I add a requirement for 100k to 200k avg monthly volume (depending upon the length of time the stock has been trending). I perform in the same scan a "Close Ratio" calculation that computes the ratio of current close to the close a year ago. ( Nice sort column ). I do a whole bunch of other stuff with Relative Strength in multiple time frames ( 10 days, 21 days, 30 days, 90 days, 120 days and 240 days ) I won't get into, but needless to say it is all to find the best of the best. The leadership, the rockets above the clouds. The typical stock I buy has already doubled or tripled the past 12 months. Some even more than that, last November for instance. I like a stock that everybody is happy with, everybody making money, nobody wants to sell. I like weekly charts that show strong volume moving in on the uplegs after a dry up during the last correction or consolidation. Higher highs during the runups, and higher lows during the consolidations. Tight bases, tight RS lines. I then use multiple free services to look up fundamentals on the candidates. My most important criteria is sales growth. I look at price/book, price/sales and if favorable look for the "New". New technology, new product, new acquistion that is paying off? Are they the preferred provider of the need they fill? I also prefer low institutional sponsorship and some insider buying, but I'll fudge these a bit at times. I then place all the stocks found and not discarded for fundamental reasons, into a list which can be then scanned with my Trading Expert scanner and categorized as far as short term trend determination. I won't go into specific details of the categories and how I do this, mostly for your protection, which I'll explain later. Anyway the next part is the most crucial. When do I buy 'em? The Market Timing Element is the most difficult to determine. Especially when you realize how useless the major indexes are in their ability to warn, indicate or help, (except in retrospect and often late). When 4 stocks movements can totally define direction on any day of the NASD100, what then is happening to the remaining 9,996 stocks traded on the exchanges? Not meaning to pick on the NASD100, the same thing applies to the DOW30 and the S&P500. Last I looked, I wouldn't own any of those stocks anyway, why use the resulting index as a barometer? Truth be told, the Stock Market is anything but. Instead it is a market of stocks. I therefore concentrate on timing mechanisms that rely again on my scans of the stocks in my database. I have built each of the IBD 197 Industry Groups into indexes and am able to perform various technical studies on the representative chart indexes of the groups. I can run custom scans on any criteria I desire, and do every night. I tabulate results in a spreedsheet and graph the data. It is relatively easy to buy a dip in a stock that is in a group with Relative Strength setting new highs as well as new highs in the price of the index. Down days are my favorites, because those that do perform are telling a story of significance. Find the last "W" bottom in an Index and find stocks that bottomed on the first leg down. Usually the leaders. The second part of the bottom in the "W" are usually some secondaries having bottomed there instead and reversing. The leaders should be clearly holding there gains from the first bottom. All this to help determine if the rally will stick. Again this is an aid to reading the market, not in timing. My timing element results from 13 years of reading the Market of Stocks (my stock database condition) rather than the indexes. Again I look inside the markets to determine capitulation and to find what I have termed "Buy" and "Sell" zones. I will only enter a new purchase when I have the stock giving me the correct signals, "Breakout, sometimes a reversal after a new high pullback", and when my market timing signals are not only in the "Buy" zone, but have indead bottomed and reversed. The group chart must also be confirming the new highs and Relative Strength highs. Most often I require blocks (40k, 50k or better) during the stocks pullback bottom. I use Quotetracker, ProphetFinance and North American Quotations Real Time Trader for realtime monitoring and block monitoring. I build the lists of stocks alluded to earlier, in the portfolios that are available. Now, the reason I will not share more than I have is because I have a friend using the exact same system, even copying the trades I make (for the most part) that is getting killed. He hasn't made a dime in two years. He doesn't follow the discipline. He gets scared because of a pullback or dip in the markets indexes and sells everything, only to it race ahead, the next two or three days. Then he rechecks what he would have made if he had held and questions whether I'm still in the stock. And worse, I'll give him a "Heads Up" and he makes the mistake Ian Woodward sez is the biggest newbie mistake. "Ready, Aim, Aim, Aim.....", by the time he buys it.... Well you get the idea. He disregards the market timing elements and buys any stock giving the signal, no matter the group it's in. The stock immediately decides to punish him. He is then frustrated and says the system doesn't work. Meanwhile, my accounts keep growing. There is no Holy Grail, but you can develope a system to become your own guru. Mine is not an easy system, but it works for me. It has come from reading dozens of books, an almost religous fanaticism about group stength and from ideas discussed by members in this listserv, Tom, Connie(thanks for the 3,7,10 day MOVs), DSquires, Walter, Tim, Dave Cameron, Craig, Dan, DBPhoenix, countless other, lots of good advice and ideas. I have most thanks to give to William O'Neal, he is the best. His books are the best. Another book I consider a must is Dr. Elders "Trading For A Living". A site you can get a "Stocks making a new high this week" list from is http://moneycentral.msn.com/investor/finder/customstocks.asp You can also set up the custom columns to indicate RS for 3 months, 6 months and 1 year. It is free and well worth the price. Nice candidates in those lists. ( The only free site on the net offering true Relative Strength, not Wilders Internal RS.) I hope this serves to generate some ideas for you regarding Stock Selection and Market Timing. Too danged long, sorry, my apologies. Best of Luck and regards, Frank Wolynski - ------------------------------------------------------------------------------- From: asosis@ca.ibm.com Subject: Re: [CANSLIM] Whip, whip, whipSAW!!! Date: 24 Jul 2000 08:47:32 -0400 Thank you, Frank. Frank, would you be able to give examples of your recent buys and your buy points? Anna "Frank V. Wolynski" on 07/23/2000 08:34:04 PM Please respond to canslim@lists.xmission.com cc: At 09:52 AM 7/22/00 -0700, you wrote: >You results are very impressive. Could you share some >of your refined tactics with us, things you have >mustered thru sheer dedication and experience. > >Rgds, >Greg > First to apologize to all Canslim followers for this far to lengthy deviation from the canslim system. Second, which stocks? It is absolutely imperative you follow only stocks that are at or near all time highs. I use AIQ's Trading Expert and have built a custom scan to find those that have made a new high in the past 8 weeks. I further limit my scan to those stocks that have also set a new Relative Strength new high in the same period. I add a requirement for 100k to 200k avg monthly volume (depending upon the length of time the stock has been trending). I perform in the same scan a "Close Ratio" calculation that computes the ratio of current close to the close a year ago. ( Nice sort column ). I do a whole bunch of other stuff with Relative Strength in multiple time frames ( 10 days, 21 days, 30 days, 90 days, 120 days and 240 days ) I won't get into, but needless to say it is all to find the best of the best. The leadership, the rockets above the clouds. The typical stock I buy has already doubled or tripled the past 12 months. Some even more than that, last November for instance. I like a stock that everybody is happy with, everybody making money, nobody wants to sell. I like weekly charts that show strong volume moving in on the uplegs after a dry up during the last correction or consolidation. Higher highs during the runups, and higher lows during the consolidations. Tight bases, tight RS lines. I then use multiple free services to look up fundamentals on the candidates. My most important criteria is sales growth. I look at price/book, price/sales and if favorable look for the "New". New technology, new product, new acquistion that is paying off? Are they the preferred provider of the need they fill? I also prefer low institutional sponsorship and some insider buying, but I'll fudge these a bit at times. I then place all the stocks found and not discarded for fundamental reasons, into a list which can be then scanned with my Trading Expert scanner and categorized as far as short term trend determination. I won't go into specific details of the categories and how I do this, mostly for your protection, which I'll explain later. Anyway the next part is the most crucial. When do I buy 'em? The Market Timing Element is the most difficult to determine. Especially when you realize how useless the major indexes are in their ability to warn, indicate or help, (except in retrospect and often late). When 4 stocks movements can totally define direction on any day of the NASD100, what then is happening to the remaining 9,996 stocks traded on the exchanges? Not meaning to pick on the NASD100, the same thing applies to the DOW30 and the S&P500. Last I looked, I wouldn't own any of those stocks anyway, why use the resulting index as a barometer? Truth be told, the Stock Market is anything but. Instead it is a market of stocks. I therefore concentrate on timing mechanisms that rely again on my scans of the stocks in my database. I have built each of the IBD 197 Industry Groups into indexes and am able to perform various technical studies on the representative chart indexes of the groups. I can run custom scans on any criteria I desire, and do every night. I tabulate results in a spreedsheet and graph the data. It is relatively easy to buy a dip in a stock that is in a group with Relative Strength setting new highs as well as new highs in the price of the index. Down days are my favorites, because those that do perform are telling a story of significance. Find the last "W" bottom in an Index and find stocks that bottomed on the first leg down. Usually the leaders. The second part of the bottom in the "W" are usually some secondaries having bottomed there instead and reversing. The leaders should be clearly holding there gains from the first bottom. All this to help determine if the rally will stick. Again this is an aid to reading the market, not in timing. My timing element results from 13 years of reading the Market of Stocks (my stock database condition) rather than the indexes. Again I look inside the markets to determine capitulation and to find what I have termed "Buy" and "Sell" zones. I will only enter a new purchase when I have the stock giving me the correct signals, "Breakout, sometimes a reversal after a new high pullback", and when my market timing signals are not only in the "Buy" zone, but have indead bottomed and reversed. The group chart must also be confirming the new highs and Relative Strength highs. Most often I require blocks (40k, 50k or better) during the stocks pullback bottom. I use Quotetracker, ProphetFinance and North American Quotations Real Time Trader for realtime monitoring and block monitoring. I build the lists of stocks alluded to earlier, in the portfolios that are available. Now, the reason I will not share more than I have is because I have a friend using the exact same system, even copying the trades I make (for the most part) that is getting killed. He hasn't made a dime in two years. He doesn't follow the discipline. He gets scared because of a pullback or dip in the markets indexes and sells everything, only to it race ahead, the next two or three days. Then he rechecks what he would have made if he had held and questions whether I'm still in the stock. And worse, I'll give him a "Heads Up" and he makes the mistake Ian Woodward sez is the biggest newbie mistake. "Ready, Aim, Aim, Aim.....", by the time he buys it.... Well you get the idea. He disregards the market timing elements and buys any stock giving the signal, no matter the group it's in. The stock immediately decides to punish him. He is then frustrated and says the system doesn't work. Meanwhile, my accounts keep growing. There is no Holy Grail, but you can develope a system to become your own guru. Mine is not an easy system, but it works for me. It has come from reading dozens of books, an almost religous fanaticism about group stength and from ideas discussed by members in this listserv, Tom, Connie(thanks for the 3,7,10 day MOVs), DSquires, Walter, Tim, Dave Cameron, Craig, Dan, DBPhoenix, countless other, lots of good advice and ideas. I have most thanks to give to William O'Neal, he is the best. His books are the best. Another book I consider a must is Dr. Elders "Trading For A Living". A site you can get a "Stocks making a new high this week" list from is http://moneycentral.msn.com/investor/finder/customstocks.asp You can also set up the custom columns to indicate RS for 3 months, 6 months and 1 year. It is free and well worth the price. Nice candidates in those lists. ( The only free site on the net offering true Relative Strength, not Wilders Internal RS.) I hope this serves to generate some ideas for you regarding Stock Selection and Market Timing. Too danged long, sorry, my apologies. Best of Luck and regards, Frank Wolynski - - ------------------------------------------------------------------------------- From: Tim Fisher Subject: [CANSLIM] General Tone Date: 24 Jul 2000 08:10:53 -0700 It seems the general tone of CANSLIMers the past few months has been to take profits fast and get out of losers equally as fast. I've been setting limit stops on half of what I buy at +25% in addition to my usual -15% initial stop losses. That got me better profits in HGS buys such as SEBLO and AMD than I otherwise would have gotten with my usual stop loss system. I think that to wish for a b/o to hold above the pivot point in this M wh\ith so many others obviously taking profits quickly is a guaranteed way to lose money. P.S. Look at the action in PLXS last week - I got out with a 50% profit limit order on half then got out of the other half this AM with a 15% trailing stop. I wish I could play all my holdings to that kind of profit! Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - ------------------------------------------------------------------------------- From: asosis@ca.ibm.com Subject: [CANSLIM] LEH B/O Date: 24 Jul 2000 11:21:08 -0400 Haven't bought it yet (it is still within 5% range) I am aiming... :) Anyway, I have lost my confidence.. I am a newbie (2 month old) and have not made anything, even though at one point I was 10% up on my portfolio.. The problem is I did not take the profits when I had them.. This was my contribution to the 'whipsaw' topic. Back to LEH... My confidence is low at the moment therefore I am seeking your blessing.. What do you think? It looks good to me. Anna Tim Fisher on 07/24/2000 11:10:53 AM Please respond to canslim@lists.xmission.com cc: It seems the general tone of CANSLIMers the past few months has been to take profits fast and get out of losers equally as fast. I've been setting limit stops on half of what I buy at +25% in addition to my usual -15% initial stop losses. That got me better profits in HGS buys such as SEBLO and AMD than I otherwise would have gotten with my usual stop loss system. I think that to wish for a b/o to hold above the pivot point in this M wh\ith so many others obviously taking profits quickly is a guaranteed way to lose money. P.S. Look at the action in PLXS last week - I got out with a 50% profit limit order on half then got out of the other half this AM with a 15% trailing stop. I wish I could play all my holdings to that kind of profit! Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - - ------------------------------------------------------------------------------- From: Tim Fisher Subject: [CANSLIM] HGS Watch List Date: 24 Jul 2000 08:27:27 -0700 Last Closing price >= $10.00, is at least 2 times greater than the 52-week low, and within 15% of 52 week high, 50 day Average Daily Volume is >= 10,000, EPS/RS/GRS >= 80/80/80 ADCT ALTR AMCC APH ATSN BFCI BRCM CDT CHCS CRY DLTR DRAM DV ELNT EMC FII FLEX HOTT ICUI IMPH INTC JBL JDSU LEH MCHP MER MNMD MSS MWD NEWH NEWP NTAP PCCC PENG PLT PRLX QGENF SANM SCOR SDLI SFA SHFL SKX TECD TNL UNH WAT P.S. Picked up ADCT with the PLXS cash - it's still reachable. Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - ------------------------------------------------------------------------------- From: Tim Fisher Subject: Re: [CANSLIM] LEH B/O Date: 24 Jul 2000 08:40:08 -0700 I am personally biased against the brokers, after making a ton of money with SCH then losing it all almost overnight due to a "belief" (stupid!) that Schwabbie was "immune" from a market turndown (yeah, right). That said, the b/o on LEH was to 95, a couple of weeks ago. So it's way past 5% extended now. On 08:21 AM 7/24/00, asosis@ca.ibm.com Said: >Haven't bought it yet (it is still within 5% range) I am aiming... :) >Anyway, I have lost my confidence.. I am a newbie (2 month old) and have >not made anything, even though at one point I was 10% up on my portfolio.. >The problem is I did not take the profits when I had them.. >This was my contribution to the 'whipsaw' topic. > >Back to LEH... My confidence is low at the moment therefore I am seeking >your blessing.. What do you think? It looks good to me. > >Anna > > >Tim Fisher on 07/24/2000 11:10:53 AM > >Please respond to canslim@lists.xmission.com > >To: canslim@lists.xmission.com >cc: >Subject: [CANSLIM] General Tone > > > > >It seems the general tone of CANSLIMers the past few months has been to >take profits fast and get out of losers equally as fast. I've been setting >limit stops on half of what I buy at +25% in addition to my usual -15% >initial stop losses. That got me better profits in HGS buys such as SEBLO >and AMD than I otherwise would have gotten with my usual stop loss system. >I think that to wish for a b/o to hold above the pivot point in this M >wh\ith so many others obviously taking profits quickly is a guaranteed way >to lose money. > >P.S. Look at the action in PLXS last week - I got out with a 50% profit >limit order on half then got out of the other half this AM with a 15% >trailing stop. I wish I could play all my holdings to that kind of profit! > >Tim Fisher >Ore-Rock-On and Pacific Fishery Biologists WWW Sites > >Tim@OreRockOn.com >WWW: http://OreRockOn.com >See naked fish and rocks! > > >- > > > > > >- Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - ------------------------------------------------------------------------------- From: Earl Setser Subject: Re: [CANSLIM] LEH B/O Date: 24 Jul 2000 09:55:26 -0600 The stock looks good from a quick look at the IBD numbers. A quick look at the chart and now I'm confused. I would make the highest possible pivot just above the 3/24 high of 107.5. Let's call it 107.75. Now if that's the pivot, the 5% point would be 112.875. How do you get that the stock is within 5%?? I see it's trading around 120. I guess maybe you are looking at the "high handle". I don't use these as potential buy points, and I don't think WON talked about them. Is that how you are setting the pivot? Does anyone else have much experience with high handles? At 11:21 AM 7/24/00 -0400, you wrote: > > >Haven't bought it yet (it is still within 5% range) I am aiming... :) >Anyway, I have lost my confidence.. I am a newbie (2 month old) and have >not made anything, even though at one point I was 10% up on my portfolio.. >The problem is I did not take the profits when I had them.. >This was my contribution to the 'whipsaw' topic. > >Back to LEH... My confidence is low at the moment therefore I am seeking >your blessing.. What do you think? It looks good to me. > >Anna > > >Tim Fisher on 07/24/2000 11:10:53 AM > >Please respond to canslim@lists.xmission.com > >To: canslim@lists.xmission.com >cc: >Subject: [CANSLIM] General Tone > > > > >It seems the general tone of CANSLIMers the past few months has been to >take profits fast and get out of losers equally as fast. I've been setting >limit stops on half of what I buy at +25% in addition to my usual -15% >initial stop losses. That got me better profits in HGS buys such as SEBLO >and AMD than I otherwise would have gotten with my usual stop loss system. >I think that to wish for a b/o to hold above the pivot point in this M >wh\ith so many others obviously taking profits quickly is a guaranteed way >to lose money. > >P.S. Look at the action in PLXS last week - I got out with a 50% profit >limit order on half then got out of the other half this AM with a 15% >trailing stop. I wish I could play all my holdings to that kind of profit! > >Tim Fisher >Ore-Rock-On and Pacific Fishery Biologists WWW Sites > >Tim@OreRockOn.com >WWW: http://OreRockOn.com >See naked fish and rocks! > > >- > > > > > >- > > > - ------------------------------------------------------------------------------- From: asosis@ca.ibm.com Subject: Re: [CANSLIM] LEH B/O Date: 24 Jul 2000 11:58:14 -0400 Hmmm.. I see your point.. Why is it not possible to count the latest action (from 7/14) as a handle to the cup? Is it possible for a stock to have a number of handles/pivots during the construction of the right side of its cup. How does one determine what handle is the "last buy" handle? This was discussed in IVIS tread but no resolution has been reached (at least I did not see it :) Anna Tim Fisher on 07/24/2000 11:40:08 AM Please respond to canslim@lists.xmission.com cc: I am personally biased against the brokers, after making a ton of money with SCH then losing it all almost overnight due to a "belief" (stupid!) that Schwabbie was "immune" from a market turndown (yeah, right). That said, the b/o on LEH was to 95, a couple of weeks ago. So it's way past 5% extended now. On 08:21 AM 7/24/00, asosis@ca.ibm.com Said: >Haven't bought it yet (it is still within 5% range) I am aiming... :) >Anyway, I have lost my confidence.. I am a newbie (2 month old) and have >not made anything, even though at one point I was 10% up on my portfolio.. >The problem is I did not take the profits when I had them.. >This was my contribution to the 'whipsaw' topic. > >Back to LEH... My confidence is low at the moment therefore I am seeking >your blessing.. What do you think? It looks good to me. > >Anna > > >Tim Fisher on 07/24/2000 11:10:53 AM > >Please respond to canslim@lists.xmission.com > >To: canslim@lists.xmission.com >cc: >Subject: [CANSLIM] General Tone > > > > >It seems the general tone of CANSLIMers the past few months has been to >take profits fast and get out of losers equally as fast. I've been setting >limit stops on half of what I buy at +25% in addition to my usual -15% >initial stop losses. That got me better profits in HGS buys such as SEBLO >and AMD than I otherwise would have gotten with my usual stop loss system. >I think that to wish for a b/o to hold above the pivot point in this M >wh\ith so many others obviously taking profits quickly is a guaranteed way >to lose money. > >P.S. Look at the action in PLXS last week - I got out with a 50% profit >limit order on half then got out of the other half this AM with a 15% >trailing stop. I wish I could play all my holdings to that kind of profit! > >Tim Fisher >Ore-Rock-On and Pacific Fishery Biologists WWW Sites > >Tim@OreRockOn.com >WWW: http://OreRockOn.com >See naked fish and rocks! > > >- > > > > > >- Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - - ------------------------------------------------------------------------------- From: Tim Fisher Subject: Re: [CANSLIM] LEH B/O Date: 24 Jul 2000 09:13:45 -0700 Earl is correct: WON does not "do" handle-on-a-handle or high-handle charts. These are formations that are discussed by others and not part of pure CANSLIM. The way I read the LEH chart, the left side of the cup is at 105-ish, the handle formed at the 95-ish level, which is certainly within the upper half of the cup which bottomed around 70 (BTW this is a little deep but still real close to -30%). It was a good handle that took 3 weeks to form as vol dried up and price contracted. The b/o 3 wks ago was on heavy vol, and took 2 days, to the pivot the first day at 105, then to a new high the second day. Both on > 1.5x ADV. By my reading it is then 15 pts. or 14% extended beyond the pivot (at 120). On 08:58 AM 7/24/00, asosis@ca.ibm.com Said: >Hmmm.. I see your point.. Why is it not possible to count the latest >action (from 7/14) as a handle to the cup? Is it possible for a stock to >have a number of handles/pivots during the construction of the right side >of its cup. How does one determine what handle is the "last buy" handle? >This was discussed in IVIS tread but no resolution has been reached (at >least I did not see it :) > >Anna > > > >Tim Fisher on 07/24/2000 11:40:08 AM > >Please respond to canslim@lists.xmission.com > >To: canslim@lists.xmission.com >cc: >Subject: Re: [CANSLIM] LEH B/O > > > > >I am personally biased against the brokers, after making a ton of money >with SCH then losing it all almost overnight due to a "belief" (stupid!) >that Schwabbie was "immune" from a market turndown (yeah, right). That >said, the b/o on LEH was to 95, a couple of weeks ago. So it's way past 5% >extended now. > >On 08:21 AM 7/24/00, asosis@ca.ibm.com Said: > > > >Haven't bought it yet (it is still within 5% range) I am aiming... :) > >Anyway, I have lost my confidence.. I am a newbie (2 month old) and have > >not made anything, even though at one point I was 10% up on my >portfolio.. > >The problem is I did not take the profits when I had them.. > >This was my contribution to the 'whipsaw' topic. > > > >Back to LEH... My confidence is low at the moment therefore I am seeking > >your blessing.. What do you think? It looks good to me. > > > >Anna > > > > > >Tim Fisher on 07/24/2000 11:10:53 AM > > > >Please respond to canslim@lists.xmission.com > > > >To: canslim@lists.xmission.com > >cc: > >Subject: [CANSLIM] General Tone > > > > > > > > > >It seems the general tone of CANSLIMers the past few months has been to > >take profits fast and get out of losers equally as fast. I've been setting > >limit stops on half of what I buy at +25% in addition to my usual -15% > >initial stop losses. That got me better profits in HGS buys such as SEBLO > >and AMD than I otherwise would have gotten with my usual stop loss system. > >I think that to wish for a b/o to hold above the pivot point in this M > >wh\ith so many others obviously taking profits quickly is a guaranteed way > >to lose money. > > > >P.S. Look at the action in PLXS last week - I got out with a 50% profit > >limit order on half then got out of the other half this AM with a 15% > >trailing stop. I wish I could play all my holdings to that kind of profit! > > > >Tim Fisher > >Ore-Rock-On and Pacific Fishery Biologists WWW Sites > > > >Tim@OreRockOn.com > >WWW: http://OreRockOn.com > >See naked fish and rocks! > > > > > >- > > > > > > > > > > > >- > >Tim Fisher >Ore-Rock-On and Pacific Fishery Biologists WWW Sites > >Tim@OreRockOn.com >WWW: http://OreRockOn.com >See naked fish and rocks! > > >- > > > > > >- Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - ------------------------------------------------------------------------------- From: Dennis Jun Subject: [CANSLIM] turtletrader.com Date: 24 Jul 2000 12:11:33 -0400 (EDT) Hello CANSLIMers! I was doing some surfing a few nights ago and happend to hit a website, http://www.turtletrader.com Now, these guys sell the "secrets" of the Turtles. (BTW, if you don't know who the Turtles are go check out "The New Market Wizards" and "The Market Wizards"; IMHO one of the top 10 best trading books ever written.) I was pretty interested but their course cost $1000 US, and that's like $1400 Canadian for me! Furthermore, they pretty much blast and degrade any kind of system that is not technical trend analysis. They really emphasise money management, which I think is the factor that separates the pros from the amateurs. Anywayz, I asked them about Larry Williams (he offers many books and courses on commodities trading) and even about our own hero, O'Neil. The following is their response. My question is has anyone actually ordered this course? and is it worth it? I was reading the table of contents posted on the website, and I frankly don't think it's worth $1000, but I don't know for sure, that's why I'm posting this message :) Anywayz, here's their reply: --------------------- >Hello! > >I have several questions: > >1. What do you think of Larry Williams? I have ordered his course, >"The Money Tree." It seems sound, however I'm a complete neophyte >in commodities trading. Comparing Williams to...for example the Turtle trading trend following approach? In that sense, no I would not make the recommendation of his service. He does not provide detailed money management. Money management is 90% of success in trading. That's the key to Turtle trading or any good trading plan for that matter. More on money management can be found here: http://www.turtletrader.com/money.html Additionally, Williams promotes being able to predict the market. No one can predict the market. You can't predict market swings, etc. >2. I'm interested in trading, but after reading Market Wizards and >other professional traders with proven records, I have realised >I need a considerable intial stake to have a decent chance at >commodities trading. This is not exactly true. Please read: http://www.turtletrader.com/capital.html >Thus, I have decided to start with stocks. >I like William O'Neil's approach, and I am basing my trading >strategy on CANSLIM. What do you think of CANSLIM? Not much. >3. There is very little on your website about who you people >actually are; and more importantly, how did you get a hold of >Richard Dennis' trading methods? I ask this, because in "The New >Market Wizards," Schwager couldn't get any of the Turtles to talk. >Thus, how did you get a hold of this info? And, why are you selling >it? We regularly discuss opportunities with original Turtles and their trainees (2nd generation Turtles). They are well aware of our firm. The firm is a beneficiary of insight from a mixture of present and or former associates of John W. Henry and Co., Sjo, Chesapeake Capital and EMC Capital. Offshore insight and expertise is a result of CITCO and Mees Pierson. We have been on-line teaching since 1996. Why teach? We are capitalists. More on Schwager: http://www.turtletrader.com/schw.html. > Now, are you telling me that you >don't use any of these indicators or recognition of chart >patterns? > That's true. Keep in mind, Elder's book is a simple intro. Best, Mike - ------------------------------------------------------------------------------- From: Dennis Jun Subject: [CANSLIM] upcoming seminar Date: 24 Jul 2000 13:53:41 -0400 (EDT) Hello CANSLIMers! If you don't know already, O'Neil is doing a seminar in LA this Saturday. I was wondering if anyone was going? Furthermore, I was wondering if anyone has attended one of these seminars before? I'm considering attending myself, but it's quite expensive, so I'd appreciate any first hand info from anyone who has attended. Much thanx in advance. - ------------------------------------------------------------------------------- From: "lynn williams" Subject: Re: [CANSLIM] upcoming seminar Date: 24 Jul 2000 14:07:54 -0400 Dear Dennis, I am planning on going. A couple of people have told me that they have gone more than once and one even told me that they knew of several who had gone 10 times! Both said that it was best money ever spent and really increased their portfolio worth... so that is my 2 cents... Lynn ----- Original Message ----- Sent: Monday, July 24, 2000 1:53 PM > Hello CANSLIMers! > > If you don't know already, O'Neil is doing a seminar in LA this > Saturday. I was wondering if anyone was going? Furthermore, I was > wondering if anyone has attended one of these seminars before? I'm > considering attending myself, but it's quite expensive, so I'd appreciate > any first hand info from anyone who has attended. Much thanx in advance. > > - > - ------------------------------------------------------------------------------- From: "Dave" Subject: Re: [CANSLIM] Whip, whip, whipSAW!!! Date: 24 Jul 2000 17:23:47 -0700 Frank, Thanks for the post...as DBphoenix would say, "this is a print & save". I for one miss your more regular comments! Good Trading, Dave Squires ----- Original Message ----- Sent: Sunday, July 23, 2000 5:34 PM - ------------------------------------------------------------------------------- From: Kent Norman Subject: Re: [CANSLIM] General Tone Date: 24 Jul 2000 17:28:31 -0500 I agree that at least for my part I have adopted a hit and run mentality. I don't like it, but after getting banged up too many times, I too learned to adapt. Kent Tim Fisher wrote: > > It seems the general tone of CANSLIMers the past few months has been to > take profits fast and get out of losers equally as fast. I've been setting > limit stops on half of what I buy at +25% in addition to my usual -15% > initial stop losses. That got me better profits in HGS buys such as SEBLO > and AMD than I otherwise would have gotten with my usual stop loss system. > I think that to wish for a b/o to hold above the pivot point in this M > wh\ith so many others obviously taking profits quickly is a guaranteed way > to lose money. > > P.S. Look at the action in PLXS last week - I got out with a 50% profit > limit order on half then got out of the other half this AM with a 15% > trailing stop. I wish I could play all my holdings to that kind of profit! > > Tim Fisher > Ore-Rock-On and Pacific Fishery Biologists WWW Sites > > Tim@OreRockOn.com > WWW: http://OreRockOn.com > See naked fish and rocks! > > - - ------------------------------------------------------------------------------- From: Kent Norman Subject: Re: [CANSLIM] upcoming seminar Date: 24 Jul 2000 17:35:18 -0500 Perhaps ther is a "Cliffs Notes" ;') Dennis Jun wrote: > > Hello CANSLIMers! > > If you don't know already, O'Neil is doing a seminar in LA this > Saturday. I was wondering if anyone was going? Furthermore, I was > wondering if anyone has attended one of these seminars before? I'm > considering attending myself, but it's quite expensive, so I'd appreciate > any first hand info from anyone who has attended. Much thanx in advance. > > - - ------------------------------------------------------------------------------- From: Dan Forant Subject: [CANSLIM] What's With This Market? Date: 24 Jul 2000 19:04:38 -0400 OK, I understand the Markets go up and down, but what do the Nasdaq and Dow have to complain about. Like today. What set off the selling? Earnings are up generally, the Fed isn't threatening again. I was completely cash last Friday. Bought 3 this morning and sold them for an $80 profit by 12:30 because the Markets started tanking. After underachieving the 1st 1/4 then overachieving the 2nd, I can't give any back. I haven't held onto a stock for more than a week in a month now. Thanks to Won for giving me a way to find stocks that go up more than down anyway. I can live with nickel and diming it with this Market ;-) I'm not complaining about the portfolio juggling because I'm ahead, but is this Market action a sign for the future? Dan - ------------------------------------------------------------------------------- From: Kent Norman Subject: Re: [CANSLIM] What's With This Market? Date: 24 Jul 2000 18:59:58 -0500 So what do the others think? Turbulence just a part of transition or what? Kent Dan Forant wrote: > > OK, I understand the Markets go up and down, but what do the Nasdaq and Dow > have to complain about. Like today. What set off the selling? Earnings are > up generally, the Fed isn't threatening again. I was completely cash last > Friday. Bought 3 this morning and sold them for an $80 profit by 12:30 > because the Markets started tanking. After underachieving the 1st 1/4 then > overachieving the 2nd, I can't give any back. I haven't held onto a stock > for more than a week in a month now. Thanks to Won for giving me a way to > find stocks that go up more than down anyway. I can live with nickel and > diming it with this Market ;-) > > I'm not complaining about the portfolio juggling because I'm ahead, but is > this Market action a sign for the future? > > Dan > > - - ------------------------------------------------------------------------------- From: Tim Fisher Subject: Re: [CANSLIM] What's With This Market? Date: 24 Jul 2000 17:10:04 -0700 Technically, the NAZ closed below the support in the 4060s, not a good sign. A good sign is that it is still way over the 200 and 50dma. next support could be the 200 dma at 3800. If it is broken then all bets are off. Personally, I am approaching former support in my accounts at between -10% and -15% from my all-time high, which has held twice since the NAZ collapsed. Since this is the third or fourth distribution day in the NAZ since the beginning of last week, I suspect most CANSLIMers would be hoarding their cash right now as their stops are triggered. I wasn't this AM but am hoarding cash from ADBE today. I tightened up that stop to insane tightness by my standards because I didn't believe in ADBE any more. Glad I am out and look forward to getting out of a few more duds tomorrow, i.e. NATI. My new buys are all w/in 8% of the pivot and 15% of my buy-in so all is still OK on the breakouts of the last 2 weeks. Of course they all could fail tomorrow and at least one (ALTR) has fallen back into the base. On 04:59 PM 7/24/00, Kent Norman Said: >So what do the others think? Turbulence just a part of transition or >what? > >Kent > >Dan Forant wrote: > > > > OK, I understand the Markets go up and down, but what do the Nasdaq and Dow > > have to complain about. Like today. What set off the selling? Earnings are > > up generally, the Fed isn't threatening again. I was completely cash last > > Friday. Bought 3 this morning and sold them for an $80 profit by 12:30 > > because the Markets started tanking. After underachieving the 1st 1/4 then > > overachieving the 2nd, I can't give any back. I haven't held onto a stock > > for more than a week in a month now. Thanks to Won for giving me a way to > > find stocks that go up more than down anyway. I can live with nickel and > > diming it with this Market ;-) > > > > I'm not complaining about the portfolio juggling because I'm ahead, but is > > this Market action a sign for the future? > > > > Dan Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - ------------------------------------------------------------------------------- From: Earl Setser Subject: Re: [CANSLIM] What's With This Market? Date: 24 Jul 2000 18:56:05 -0600 At 05:10 PM 7/24/00 -0700, you wrote: ... >Since this is the third or fourth distribution day in the NAZ >since the beginning of last week, I suspect most CANSLIMers would be >hoarding their cash right now as their stops are triggered. > >Tim Fisher How do you get 3 or 4 distribution days in July? Looking at the NAS chart in Clearstation, I only see one down day on higher volume this month (On July 11 I think). This has been followed by numerous cases of down days on lower volume and up days on higher volume. IBD has repeatedly noted how the volume signals "have been just what you want to see". I believe today's volume was below Friday's, and Friday's was below Thursday's, while Thursday was up on much higher volume. I don't want to sound the all clear at this point, but I don't think we are seeing distribution days per WON, unless I'm missing something. - ------------------------------------------------------------------------------- From: Pritish Shah Subject: Re: [CANSLIM] What's With This Market? Date: 24 Jul 2000 17:53:18 -0700 (PDT) I think people might be using "higher than average" volume to mark distribution and not "higher than yesterday" that is generally used by WON to mark distribution days. Regards, Shah 408-525-4263 On Mon, 24 Jul 2000, Earl Setser wrote: > At 05:10 PM 7/24/00 -0700, you wrote: > ... > >Since this is the third or fourth distribution day in the NAZ > >since the beginning of last week, I suspect most CANSLIMers would be > >hoarding their cash right now as their stops are triggered. > > > >Tim Fisher > > How do you get 3 or 4 distribution days in July? Looking at the NAS chart > in Clearstation, I only see one down day on higher volume this month (On > July 11 I think). This has been followed by numerous cases of down days on > lower volume and up days on higher volume. IBD has repeatedly noted how > the volume signals "have been just what you want to see". I believe > today's volume was below Friday's, and Friday's was below Thursday's, while > Thursday was up on much higher volume. > > I don't want to sound the all clear at this point, but I don't think we are > seeing distribution days per WON, unless I'm missing something. > > - > > - ------------------------------------------------------------------------------- From: "lynn williams" Subject: Re: [CANSLIM] What's With This Market? Date: 24 Jul 2000 18:44:34 -0400 Let's hope that this extreme volatility is not here to stay forever. It was like this last July ( mid) until mid-Oct. I expect the last quarter to be good.. but who knows.. NAZ volatility is just part of the game... no way to avoid it... however, I am quickly subscribing to the theory of get out in MAY and in again in NOV...Investor psychology out there is so freaked... no direction AT ALL...maybe a tad in fiber optics...but investor's seem to sell and buy based on whim more than fact.. and we are all trigger happy thanks to Post Traumatic Nasdaq Syndrome :)) oh well... I am deciding whether or not to cash out all accounts.. even if the market does have a couple of up days.. I have no faith in any sustained rally, even one that was 4 weeks long the end of May.. my 2 cents LOL Lynn ----- Original Message ----- Sent: Monday, July 24, 2000 7:59 PM > So what do the others think? Turbulence just a part of transition or > what? > > Kent > > Dan Forant wrote: > > > > OK, I understand the Markets go up and down, but what do the Nasdaq and Dow > > have to complain about. Like today. What set off the selling? Earnings are > > up generally, the Fed isn't threatening again. I was completely cash last > > Friday. Bought 3 this morning and sold them for an $80 profit by 12:30 > > because the Markets started tanking. After underachieving the 1st 1/4 then > > overachieving the 2nd, I can't give any back. I haven't held onto a stock > > for more than a week in a month now. Thanks to Won for giving me a way to > > find stocks that go up more than down anyway. I can live with nickel and > > diming it with this Market ;-) > > > > I'm not complaining about the portfolio juggling because I'm ahead, but is > > this Market action a sign for the future? > > > > Dan > > > > - > > - > - ------------------------------------------------------------------------------- From: "Tim Fisher" Subject: Re: [CANSLIM] What's With This Market? Date: 24 Jul 2000 19:28:25 -0700 You're right, I don't have access to NAZ volume so I just look at the big down days. At 06:56 PM 7/24/00 -0600, you wrote: >At 05:10 PM 7/24/00 -0700, you wrote: >... > >Since this is the third or fourth distribution day in the NAZ > >since the beginning of last week, I suspect most CANSLIMers would be > >hoarding their cash right now as their stops are triggered. > > > >Tim Fisher > >How do you get 3 or 4 distribution days in July? Looking at the NAS chart >in Clearstation, I only see one down day on higher volume this month (On >July 11 I think). This has been followed by numerous cases of down days on >lower volume and up days on higher volume. IBD has repeatedly noted how >the volume signals "have been just what you want to see". I believe >today's volume was below Friday's, and Friday's was below Thursday's, while >Thursday was up on much higher volume. > >I don't want to sound the all clear at this point, but I don't think we are >seeing distribution days per WON, unless I'm missing something. > >- Tim Fisher, 1995 President, Pacific Fishery Biologists Ore-ROCK-On Rockhounding Web Site PFB Information mailto:tim@OreRockOn.com WWW http://OreRockOn.com - ------------------------------------------------------------------------------- From: "Frank V. Wolynski" Subject: Re: [CANSLIM] Whip, whip, whipSAW!!! Date: 24 Jul 2000 23:30:49 -0400 At 08:47 AM 7/24/00 -0400, you wrote: > > >Thank you, Frank. >Frank, would you be able to give examples of your recent buys and your buy >points? > >Anna > Certainly Anna, glad to. Remember my particular method is top down oriented in that I rely on my Market timing signals to put me into the market at the right time or near it. Buy or not to buy, in short. The first indication came from my Hi/Lo count system having peaked (to the negative) on May 23th. We had been very negative and like all good (and bad) things they always change. Capitulation seemed to have appeared in some of the markets leadership, but I did not have a clear reversal in enough of the stocks I track, so I waited. The second signal to reverse was another count signal of stocks in trends. This signal broke out to the upside registering a higher reading than I previously had. My lists were also gaining Green or positive stocks. CounterReversals were everywhere as stock after stock whipsawed. On May 30st it was very evident we had reversed and were moving rapidly up. I had a list of stocks in my Reversal list that were strong candidates if I saw blocks and higher volume. PWER was such a candidate. It had very little to move to get back to old highs. I've uploaded a chart so you can see more easily what I am next referring to. http://home1.gte.net/wolynski/index.htm The RS line was trending higher, the Avg Daily volume was on the increase, OBV was trending higher. Another Relative Strength line I use is one against the group the stock is in ( not shown in the chart). This way I find the leader in the group and avoid laggards. The group was strong in ranking ( using my own scan of RS performance ) and having just successfully bounced off the 21day low price channel bar. I took a small position on 5/30 and added on 5/31 on the breakout with volume. The RS line was already upticking, the breakout seemed a certainty when considering what I knew in regards to Market Timing. I've waited patiently for the markets to give me a sell signal and the first appeared on 7/14. Wanting confirmation I waited until my trend counts dropped and broke out to the downside. That happened on 5/17 and I sold the next day on 5/18. The reversal down had been confirmed by my indicators, again using my system of counting Hi/Lo's and Trending stocks. I was a bit early, but I've never caught the exact top anyway. I was happy enough. I have gotten alot closer on the bottoms though. :-) The trick is which stocks, again PWER was screaming with all it had. New Highs, new highs, new highs. Actually to be totally forthright, I was using a count of Relative Strength new highs (both S&P and the Group) at the time in a 21 day period also. That is what brought PWER into my sights to begin with. I occasionally sort on the column in my screen that provides this and review the chart patterns that stocks with high counts are putting in. I then look for compression against the upper 21day channel bar and go on high alert when it is near it and the market is near a bottom. I hope this helps. Best Regards, Frank Wolynski - ------------------------------------------------------------------------------- From: jsne97@postoffice.pacbell.net Subject: Re: [CANSLIM] upcoming seminar Date: 24 Jul 2000 21:16:45 -0700 Lynn, Where is the seminar? How does one sign up? lynn williams wrote: > Dear Dennis, > I am planning on going. A couple of people have told me that they have gone > more than once and one even told me that they knew of several who had gone > 10 times! Both said that it was best money ever spent and really increased > their portfolio worth... so that is my 2 cents... > Lynn > ----- Original Message ----- > From: "Dennis Jun" > To: > Sent: Monday, July 24, 2000 1:53 PM > Subject: [CANSLIM] upcoming seminar > > > Hello CANSLIMers! > > > > If you don't know already, O'Neil is doing a seminar in LA this > > Saturday. I was wondering if anyone was going? Furthermore, I was > > wondering if anyone has attended one of these seminars before? I'm > > considering attending myself, but it's quite expensive, so I'd appreciate > > any first hand info from anyone who has attended. Much thanx in advance. > > > > - > > > > - - ------------------------------------------------------------------------------- From: asosis@ca.ibm.com Subject: Re: [CANSLIM] Whip, whip, whipSAW!!! Date: 25 Jul 2000 07:43:52 -0400 Thank you so much. This is great! Anna "Frank V. Wolynski" on 07/24/2000 11:30:49 PM Please respond to canslim@lists.xmission.com cc: At 08:47 AM 7/24/00 -0400, you wrote: > > >Thank you, Frank. >Frank, would you be able to give examples of your recent buys and your buy >points? > >Anna > Certainly Anna, glad to. Remember my particular method is top down oriented in that I rely on my Market timing signals to put me into the market at the right time or near it. Buy or not to buy, in short. The first indication came from my Hi/Lo count system having peaked (to the negative) on May 23th. We had been very negative and like all good (and bad) things they always change. Capitulation seemed to have appeared in some of the markets leadership, but I did not have a clear reversal in enough of the stocks I track, so I waited. The second signal to reverse was another count signal of stocks in trends. This signal broke out to the upside registering a higher reading than I previously had. My lists were also gaining Green or positive stocks. CounterReversals were everywhere as stock after stock whipsawed. On May 30st it was very evident we had reversed and were moving rapidly up. I had a list of stocks in my Reversal list that were strong candidates if I saw blocks and higher volume. PWER was such a candidate. It had very little to move to get back to old highs. I've uploaded a chart so you can see more easily what I am next referring to. http://home1.gte.net/wolynski/index.htm The RS line was trending higher, the Avg Daily volume was on the increase, OBV was trending higher. Another Relative Strength line I use is one against the group the stock is in ( not shown in the chart). This way I find the leader in the group and avoid laggards. The group was strong in ranking ( using my own scan of RS performance ) and having just successfully bounced off the 21day low price channel bar. I took a small position on 5/30 and added on 5/31 on the breakout with volume. The RS line was already upticking, the breakout seemed a certainty when considering what I knew in regards to Market Timing. I've waited patiently for the markets to give me a sell signal and the first appeared on 7/14. Wanting confirmation I waited until my trend counts dropped and broke out to the downside. That happened on 5/17 and I sold the next day on 5/18. The reversal down had been confirmed by my indicators, again using my system of counting Hi/Lo's and Trending stocks. I was a bit early, but I've never caught the exact top anyway. I was happy enough. I have gotten alot closer on the bottoms though. :-) The trick is which stocks, again PWER was screaming with all it had. New Highs, new highs, new highs. Actually to be totally forthright, I was using a count of Relative Strength new highs (both S&P and the Group) at the time in a 21 day period also. That is what brought PWER into my sights to begin with. I occasionally sort on the column in my screen that provides this and review the chart patterns that stocks with high counts are putting in. I then look for compression against the upper 21day channel bar and go on high alert when it is near it and the market is near a bottom. I hope this helps. Best Regards, Frank Wolynski - - ------------------------------------------------------------------------------- From: BIKEAR@aol.com Subject: Re: [CANSLIM] HGS Watch List Date: 25 Jul 2000 10:24:27 EDT Tim, what online broker do you use? thanks jan - ------------------------------------------------------------------------------- From: BIKEAR@aol.com Subject: Re: [CANSLIM] What's With This Market? Date: 25 Jul 2000 10:32:59 EDT hay, Tim, got to ask you do you trade full time?....sometimes I see you on all through the day...thought I would ask........jan - ------------------------------------------------------------------------------- From: kraus0r@cs.com Subject: [CANSLIM] Re: KEI Reversal Date: 25 Jul 2000 10:27:13 -0400 Boy that didn't take long. KEI now down in the 50s, much closer to support and filling the gap. - ------------------------------------------------------------------------------- From: BIKEAR@aol.com Subject: Re: [CANSLIM]to Tim Date: 25 Jul 2000 10:39:22 EDT I am kind new to trading. Could you please explain the stops and limits...could you please explain this...thanks - ------------------------------------------------------------------------------- From: asosis@ca.ibm.com Subject: Re: [CANSLIM]to Tim Date: 25 Jul 2000 11:10:12 -0400 Limit order: you enter an order where you specify your price. (as opposed to market order where your order is executed at the best available price, whatever that price maybe). E.g., buy with limit 47. You will purchase the stock at 47 or lower, but not higher. Sell, limit 47 - you will sell at 47 or higher, but not lower. Stop order: order that gets triggered when the price (or whatever other parameters you specify) are reached. E.g., stop buy at 47: when stock reaches 47 your order will become active (check with your broker if they use last price, bid, ask or whatever). if you enter market stop your order will be executed at market after it is triggered. If you enter limit stop your order becomes regular limit order after it is triggered. Anna BIKEAR@aol.com on 07/25/2000 10:39:22 AM Please respond to canslim@lists.xmission.com cc: I am kind new to trading. Could you please explain the stops and limits...could you please explain this...thanks - - ------------------------------------------------------------------------------- From: Pierre Lapointe Subject: [CANSLIM] SHFL Date: 25 Jul 2000 11:32:21 -0400 SHFL is flirting with it's 52 week high of 15.188 on fairly heavy volume. - ------------------------------------------------------------------------------- From: Tim Fisher Subject: Re: [CANSLIM] SHFL Date: 25 Jul 2000 09:18:18 -0700 Certainly worth keeping an eye on, but it has been here before, on at least 5 days, and couldn't break the high. Also, unfortunately I see many more breakout failures so far today than breakout attempts. Check out IMPH. PENG, and WAT (only IMPH is starting to fail today; the others are continuing failures from previous days). The continuing message is even if you smash your earnings estimates we'll sell you off after you announce, because we ran you up so hard in the prior weeks. On 08:32 AM 7/25/00, Pierre Lapointe Said: >SHFL is flirting with it's 52 week high of 15.188 on fairly heavy >volume. Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - ------------------------------------------------------------------------------- From: "Wahl, Patrick" Subject: RE: [CANSLIM] SHFL Date: 25 Jul 2000 10:25:44 -0600 Take a look at HAKI for another example of a sell off following an earnings release. > -----Original Message----- > From: Tim Fisher [mailto:tim@OreRockOn.com] > Sent: Tuesday, July 25, 2000 10:18 AM > To: canslim@lists.xmission.com > Subject: Re: [CANSLIM] SHFL > > > Certainly worth keeping an eye on, but it has been here > before, on at least > 5 days, and couldn't break the high. Also, unfortunately I > see many more > breakout failures so far today than breakout attempts. Check > out IMPH. > PENG, and WAT (only IMPH is starting to fail today; the others are > continuing failures from previous days). The continuing > message is even if > you smash your earnings estimates we'll sell you off after > you announce, > because we ran you up so hard in the prior weeks. > > On 08:32 AM 7/25/00, Pierre Lapointe Said: > >SHFL is flirting with it's 52 week high of 15.188 on fairly heavy > >volume. > > > Tim Fisher > Ore-Rock-On and Pacific Fishery Biologists WWW Sites > > Tim@OreRockOn.com > WWW: http://OreRockOn.com > See naked fish and rocks! > > > - > - ------------------------------------------------------------------------------- From: asosis@ca.ibm.com Subject: RE: [CANSLIM] ADCT again Date: 25 Jul 2000 12:37:20 -0400 ADCT is going for b/o again. At the moment it may go either way, but it was so close today (and yesterday :) I had it but do not have it anymore.. What would a good entry point be for someone who bought it at 43 (or so) and dumped it when the b/o misbehaved (sort of - did not F/T) If I wait for it to take out (or maybe even close) above prev high I am too late - it will be extended. If I get in back I am exposed and it may bounce down from the prev high resistence (as it did twice already) What is the correct may to handle this? Anna "Wahl, Patrick" on 07/25/2000 12:25:44 PM Please respond to canslim@lists.xmission.com cc: Take a look at HAKI for another example of a sell off following an earnings release. > -----Original Message----- > From: Tim Fisher [mailto:tim@OreRockOn.com] > Sent: Tuesday, July 25, 2000 10:18 AM > To: canslim@lists.xmission.com > Subject: Re: [CANSLIM] SHFL > > > Certainly worth keeping an eye on, but it has been here > before, on at least > 5 days, and couldn't break the high. Also, unfortunately I > see many more > breakout failures so far today than breakout attempts. Check > out IMPH. > PENG, and WAT (only IMPH is starting to fail today; the others are > continuing failures from previous days). The continuing > message is even if > you smash your earnings estimates we'll sell you off after > you announce, > because we ran you up so hard in the prior weeks. > > On 08:32 AM 7/25/00, Pierre Lapointe Said: > >SHFL is flirting with it's 52 week high of 15.188 on fairly heavy > >volume. > > > Tim Fisher > Ore-Rock-On and Pacific Fishery Biologists WWW Sites > > Tim@OreRockOn.com > WWW: http://OreRockOn.com > See naked fish and rocks! > > > - > - - ------------------------------------------------------------------------------- From: gino mendoza Subject: [CANSLIM] Intro: Gino Mendoza Date: 25 Jul 2000 09:49:44 -0700 (PDT) Hi everyone. Gino here from New Jersey. I just signed up for the mailing list. I'm a newbie in all of this. I have traded on & off for the past couple of months without much success. Someone recommended the O'Neil book and his CANSLIM strategy. I'm currently reading his book and supplementing that with information I get from reading your discussions. There is so much information to absorb in stock analysis - I hope I can get a good handle on it. I look forward to learning from this mailing list and hopefully exchanging some ideas with some of you. __________________________________________________ Do You Yahoo!? Get Yahoo! Mail – Free email you can access from anywhere! http://mail.yahoo.com/ - ------------------------------------------------------------------------------- From: Pierre Lapointe Subject: [CANSLIM] SHFL Date: 25 Jul 2000 13:01:41 -0400 SHFL has broken out on heavy volume. - ------------------------------------------------------------------------------- From: Pritish Shah Subject: Re: [CANSLIM] SHFL Date: 25 Jul 2000 10:04:23 -0700 (PDT) And how is this stock a CANSLIM stock? Maybe I am not digging deep enough but I do not see much revenue/earnings growth. Regards, Shah 408-525-4263 On Tue, 25 Jul 2000, Pierre Lapointe wrote: > SHFL has broken out on heavy volume. > > - > > - ------------------------------------------------------------------------------- From: BIKEAR@aol.com Subject: Re: [CANSLIM]to Tim-anna Date: 25 Jul 2000 13:13:23 EDT Anna- what do you feel is best the stop/limit..thanks alot jan - ------------------------------------------------------------------------------- From: Tim Fisher Subject: RE: [CANSLIM] ADCT again Date: 25 Jul 2000 10:38:39 -0700 I have an initial stop of 39-7/8 on ADCT which has not been triggered. Any stop higher than that was above the pivot and therefore too easily triggered (IMHO!) Look at it as if you had never owned it, that is what you should do with all your buys. Would you buy it now? IMHO (again), it is not extended at 45. I paid 44 for it and am happy with its action since the b/o. Recall I do not use 8% stops but evaluate each stock and try to find support. This usually results in a 10-15% initial stop. I any many others think 8% is too tight for this volatile market and just leads to churning of your account and way too many commissions paid. On 09:37 AM 7/25/00, asosis@ca.ibm.com Said: >ADCT is going for b/o again. At the moment it may go either way, but it was >so close today (and yesterday :) >I had it but do not have it anymore.. What would a good entry point be for >someone who bought it at 43 (or so) and dumped it when the b/o misbehaved >(sort of - did not F/T) If I wait for it to take out (or maybe even close) >above prev high I am too late - it will be extended. If I get in back I am >exposed and it may bounce down from the prev high resistence (as it did >twice already) What is the correct may to handle this? > >Anna > > > >"Wahl, Patrick" on 07/25/2000 12:25:44 PM > >Please respond to canslim@lists.xmission.com > >To: "'canslim@lists.xmission.com'" >cc: >Subject: RE: [CANSLIM] SHFL > > > > >Take a look at HAKI for another example of a sell off following an earnings >release. > > > -----Original Message----- > > From: Tim Fisher [mailto:tim@OreRockOn.com] > > Sent: Tuesday, July 25, 2000 10:18 AM > > To: canslim@lists.xmission.com > > Subject: Re: [CANSLIM] SHFL > > > > > > Certainly worth keeping an eye on, but it has been here > > before, on at least > > 5 days, and couldn't break the high. Also, unfortunately I > > see many more > > breakout failures so far today than breakout attempts. Check > > out IMPH. > > PENG, and WAT (only IMPH is starting to fail today; the others are > > continuing failures from previous days). The continuing > > message is even if > > you smash your earnings estimates we'll sell you off after > > you announce, > > because we ran you up so hard in the prior weeks. > > > > On 08:32 AM 7/25/00, Pierre Lapointe Said: > > >SHFL is flirting with it's 52 week high of 15.188 on fairly heavy > > >volume. > > > > > > Tim Fisher > > Ore-Rock-On and Pacific Fishery Biologists WWW Sites > > > > Tim@OreRockOn.com > > WWW: http://OreRockOn.com > > See naked fish and rocks! > > > > > > - > > > >- > > > > > >- Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - ------------------------------------------------------------------------------- From: Tim Fisher Subject: Re: [CANSLIM] SHFL Date: 25 Jul 2000 10:50:53 -0700 I believe it was picked off my HGS list I posted over the weekend. The QP/yahoo numbers I have for it are: EPS 98 RS 86 GRS 87 A/D A+ EPS growth rate +22% Q0/Q-4 EPS +81% Q-1/Q-5 EPS +85% Q0/Q-1 Sales +39% Q-1/Q-5 Sales +42% Q+1/Q-3 EPS +49% Insiders 14% Instit. 18% Shares 7M These may or may not meet your criteria but they pass the CASLI criteria (with the exception of insiders) in HTMMIS with flying colors. It has been on my HGS watch list for months. The only reservation I have is its industry: Shuffle Master, Inc. develops, manufactures and markets automatic card shuffling equipment, and gaming products such as table games and slot machine game software for the gaming industry. Additionally, the Company distributes casino chip sorting machines and accessories under a distribution agreement with TCS America, Inc. As of October 31, 1999, the Company had placed its game equipment and gaming products in over 630 casinos throughout the world. I've been in casino and related stocks before and done poorly. Discl: I went ahead and bot it anyway! On 10:04 AM 7/25/00, Pritish Shah Said: >And how is this stock a CANSLIM stock? > >Maybe I am not digging deep enough but I do not see much revenue/earnings >growth. > > >Regards, >Shah >408-525-4263 > > >On Tue, 25 Jul 2000, Pierre Lapointe wrote: > > > SHFL has broken out on heavy volume. > > > > - > > > > > > >- Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - ------------------------------------------------------------------------------- From: Dan Forant Subject: Re: [CANSLIM] SHFL Date: 25 Jul 2000 14:07:35 -0400 Had this stock on my watch list. Thanks to whoever brought notice of the volume. All the action so far between 12:45 and 1:00pm. Flew up a buck. Setting my trailing stops as usual. Dan At 09:18 AM 7/25/00 -0700, you wrote: >Certainly worth keeping an eye on, but it has been here before, on at least >5 days, and couldn't break the high. Also, unfortunately I see many more >breakout failures so far today than breakout attempts. Check out IMPH. >PENG, and WAT (only IMPH is starting to fail today; the others are >continuing failures from previous days). The continuing message is even if >you smash your earnings estimates we'll sell you off after you announce, >because we ran you up so hard in the prior weeks. > >On 08:32 AM 7/25/00, Pierre Lapointe Said: >>SHFL is flirting with it's 52 week high of 15.188 on fairly heavy >>volume. > > >Tim Fisher >Ore-Rock-On and Pacific Fishery Biologists WWW Sites > >Tim@OreRockOn.com >WWW: http://OreRockOn.com >See naked fish and rocks! > > >- > > - ------------------------------------------------------------------------------- From: "lynn williams" Subject: Re: [CANSLIM] upcoming seminar Date: 25 Jul 2000 11:31:23 -0400 Dennis, I think you can go to website called investors.com or else do a search under investors business daily.. then get their 800 number and call to see about the seminar.. it may be close but is worth a try...let me know if you have any problems.. Lynn :) ----- Original Message ----- Sent: Tuesday, July 25, 2000 12:16 AM > Lynn, > Where is the seminar? How does one sign up? > > lynn williams wrote: > > > Dear Dennis, > > I am planning on going. A couple of people have told me that they have gone > > more than once and one even told me that they knew of several who had gone > > 10 times! Both said that it was best money ever spent and really increased > > their portfolio worth... so that is my 2 cents... > > Lynn > > ----- Original Message ----- > > From: "Dennis Jun" > > To: > > Sent: Monday, July 24, 2000 1:53 PM > > Subject: [CANSLIM] upcoming seminar > > > > > Hello CANSLIMers! > > > > > > If you don't know already, O'Neil is doing a seminar in LA this > > > Saturday. I was wondering if anyone was going? Furthermore, I was > > > wondering if anyone has attended one of these seminars before? I'm > > > considering attending myself, but it's quite expensive, so I'd appreciate > > > any first hand info from anyone who has attended. Much thanx in advance. > > > > > > - > > > > > > > - > > > - > - ------------------------------------------------------------------------------- From: "lynn williams" Subject: Re: [CANSLIM] ADCT again Date: 25 Jul 2000 11:42:17 -0400 Anna, I look at the overall long-term pattern...And ADCT is a winner... you WILL make money on it ....it was barelya ware that there was a correction in March and April.. has yet to report earnings but a good strong stock and lots of institutional support...Almost all of the stocks I bought last Fall which returned 200% in less than 6 months arenow back to that same 200% plus... so I would buy ADCT!! LOL.. Lynn :) ----- Original Message ----- Sent: Tuesday, July 25, 2000 12:37 PM > > > ADCT is going for b/o again. At the moment it may go either way, but it was > so close today (and yesterday :) > I had it but do not have it anymore.. What would a good entry point be for > someone who bought it at 43 (or so) and dumped it when the b/o misbehaved > (sort of - did not F/T) If I wait for it to take out (or maybe even close) > above prev high I am too late - it will be extended. If I get in back I am > exposed and it may bounce down from the prev high resistence (as it did > twice already) What is the correct may to handle this? > > Anna > > > > "Wahl, Patrick" on 07/25/2000 12:25:44 PM > > Please respond to canslim@lists.xmission.com > > To: "'canslim@lists.xmission.com'" > cc: > Subject: RE: [CANSLIM] SHFL > > > > > Take a look at HAKI for another example of a sell off following an earnings > release. > > > -----Original Message----- > > From: Tim Fisher [mailto:tim@OreRockOn.com] > > Sent: Tuesday, July 25, 2000 10:18 AM > > To: canslim@lists.xmission.com > > Subject: Re: [CANSLIM] SHFL > > > > > > Certainly worth keeping an eye on, but it has been here > > before, on at least > > 5 days, and couldn't break the high. Also, unfortunately I > > see many more > > breakout failures so far today than breakout attempts. Check > > out IMPH. > > PENG, and WAT (only IMPH is starting to fail today; the others are > > continuing failures from previous days). The continuing > > message is even if > > you smash your earnings estimates we'll sell you off after > > you announce, > > because we ran you up so hard in the prior weeks. > > > > On 08:32 AM 7/25/00, Pierre Lapointe Said: > > >SHFL is flirting with it's 52 week high of 15.188 on fairly heavy > > >volume. > > > > > > Tim Fisher > > Ore-Rock-On and Pacific Fishery Biologists WWW Sites > > > > Tim@OreRockOn.com > > WWW: http://OreRockOn.com > > See naked fish and rocks! > > > > > > - > > > > - > > > > > > - > - ------------------------------------------------------------------------------- From: "lynn williams" Subject: Re: [CANSLIM] Intro: Gino Mendoza Date: 25 Jul 2000 11:45:17 -0400 Welcome Gina.. I am only new to this group for a few months.. great, great group and all very helpful... Lynn :) ----- Original Message ----- Sent: Tuesday, July 25, 2000 12:49 PM > Hi everyone. Gino here from New Jersey. > I just signed up for the mailing list. > I'm a newbie in all of this. > I have traded on & off for the past couple of months > without much success. > Someone recommended the O'Neil book and his CANSLIM > strategy. I'm currently reading his book and > supplementing that with information I get from reading > your discussions. > There is so much information to absorb in stock > analysis - I hope I can get a good handle on it. > > I look forward to learning from this mailing list and > hopefully exchanging some ideas with some of you. > > > > > > > __________________________________________________ > Do You Yahoo!? > Get Yahoo! Mail - Free email you can access from anywhere! > http://mail.yahoo.com/ > > - > - ------------------------------------------------------------------------------- From: jeff.salisbury@xmission.com Date: 25 Jul 2000 12:45:52 -0600 (EDT) Message-ID: <001f01bff64d$c5f8e100$ed3efea9@y55s1> References: <87256927.00407215.00@d53mta05h.boulder.ibm.com> MIME-Version: 1.0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: 7bit X-Priority: 3 X-MSMail-Priority: Normal X-Mailer: Microsoft Outlook Express 5.00.2919.6600 X-MimeOLE: Produced By Microsoft MimeOLE V5.00.2919.6600 Dear Frank, thanks for your posts regarding your system. As for me, I found PWER when it was in the 50s and began watching it... it was also featured in IBD as was IRF... I bought PWER at 62 and again at 75.. great stock.. too bad they misreported the earnings yesterday but seems to be recovering nicely. Anna, do you subscribe to IBD?? It is a wealth of info and has an uncanny ability to feature stocks that soon after take off... Lynn :) ----- Original Message ----- Sent: Tuesday, July 25, 2000 7:43 AM > > > Thank you so much. This is great! > > Anna > > > "Frank V. Wolynski" on 07/24/2000 11:30:49 PM > > Please respond to canslim@lists.xmission.com > > To: canslim@lists.xmission.com > cc: > Subject: Re: [CANSLIM] Whip, whip, whipSAW!!! > > > > > At 08:47 AM 7/24/00 -0400, you wrote: > > > > > >Thank you, Frank. > >Frank, would you be able to give examples of your recent buys and your buy > >points? > > > >Anna > > > > Certainly Anna, glad to. > > Remember my particular method is top down oriented in that I rely on my > Market timing signals to put me into the market at the right time or near > it. Buy or not to buy, in short. > > The first indication came from my Hi/Lo count system having peaked (to the > negative) on May 23th. We had been very negative and like all good (and > bad) things they always change. Capitulation seemed to have appeared in > some of the markets leadership, but I did not have a clear reversal in > enough of the stocks I track, so I waited. The second signal to reverse was > another count signal of stocks in trends. This signal broke out to the > upside registering a higher reading than I previously had. My lists were > also gaining Green or positive stocks. CounterReversals were everywhere as > stock after stock whipsawed. > > On May 30st it was very evident we had reversed and were moving rapidly up. > I had a list of stocks in my Reversal list that were strong candidates if I > saw blocks and higher volume. PWER was such a candidate. It had very little > to move to get back to old highs. > > I've uploaded a chart so you can see more easily what I am next referring > to. > http://home1.gte.net/wolynski/index.htm > > The RS line was trending higher, the Avg Daily volume was on the increase, > OBV was trending higher. Another Relative Strength line I use is one > against the group the stock is in ( not shown in the chart). This way I > find the leader in the group and avoid laggards. The group was strong in > ranking ( using my own scan of RS performance ) and having just > successfully bounced off the 21day low price channel bar. > > I took a small position on 5/30 and added on 5/31 on the breakout with > volume. The RS line was already upticking, the breakout seemed a certainty > when considering what I knew in regards to Market Timing. > > I've waited patiently for the markets to give me a sell signal and the > first appeared on 7/14. Wanting confirmation I waited until my trend counts > dropped and broke out to the downside. That happened on 5/17 and I sold the > next day on 5/18. The reversal down had been confirmed by my indicators, > again using my system of counting Hi/Lo's and Trending stocks. I was a bit > early, but I've never caught the exact top anyway. I was happy enough. I > have gotten alot closer on the bottoms though. :-) > > The trick is which stocks, again PWER was screaming with all it had. New > Highs, new highs, new highs. Actually to be totally forthright, I was using > a count of Relative Strength new highs (both S&P and the Group) at the time > in a 21 day period also. That is what brought PWER into my sights to begin > with. I occasionally sort on the column in my screen that provides this and > review the chart patterns that stocks with high counts are putting in. I > then look for compression against the upper 21day channel bar and go on > high alert when it is near it and the market is near a bottom. > > I hope this helps. > > Best Regards, > Frank Wolynski > > > - > > > > > > - > - ------------------------------------------------------------------------------- From: Kent Norman Subject: Re: [CANSLIM] ADCT again Date: 25 Jul 2000 13:45:40 -0500 Anna My thoughts may not be worth much, but I would think the chart has no memory of when you last played. Treat each event as brand new. Happy hunting Kent asosis@ca.ibm.com wrote: > > ADCT is going for b/o again. At the moment it may go either way, but it was > so close today (and yesterday :) > I had it but do not have it anymore.. What would a good entry point be for > someone who bought it at 43 (or so) and dumped it when the b/o misbehaved > (sort of - did not F/T) If I wait for it to take out (or maybe even close) > above prev high I am too late - it will be extended. If I get in back I am > exposed and it may bounce down from the prev high resistence (as it did > twice already) What is the correct may to handle this? > > Anna > > "Wahl, Patrick" on 07/25/2000 12:25:44 PM > > Please respond to canslim@lists.xmission.com > > To: "'canslim@lists.xmission.com'" > cc: > Subject: RE: [CANSLIM] SHFL > > Take a look at HAKI for another example of a sell off following an earnings > release. > > > -----Original Message----- > > From: Tim Fisher [mailto:tim@OreRockOn.com] > > Sent: Tuesday, July 25, 2000 10:18 AM > > To: canslim@lists.xmission.com > > Subject: Re: [CANSLIM] SHFL > > > > > > Certainly worth keeping an eye on, but it has been here > > before, on at least > > 5 days, and couldn't break the high. Also, unfortunately I > > see many more > > breakout failures so far today than breakout attempts. Check > > out IMPH. > > PENG, and WAT (only IMPH is starting to fail today; the others are > > continuing failures from previous days). The continuing > > message is even if > > you smash your earnings estimates we'll sell you off after > > you announce, > > because we ran you up so hard in the prior weeks. > > > > On 08:32 AM 7/25/00, Pierre Lapointe Said: > > >SHFL is flirting with it's 52 week high of 15.188 on fairly heavy > > >volume. > > > > > > Tim Fisher > > Ore-Rock-On and Pacific Fishery Biologists WWW Sites > > > > Tim@OreRockOn.com > > WWW: http://OreRockOn.com > > See naked fish and rocks! > > > > > > - > > > > - > > - - ------------------------------------------------------------------------------- From: "lynn williams" Subject: Re: [CANSLIM] SHFL Date: 25 Jul 2000 11:49:32 -0400 Shah are u comparing from previous quarter to recetn quarter? the numbers I get for past 4 quarters commpared to same quarter year ago are: Earnings-138%, 33% 85% and 81%. Revenue- 45%, 12% 42%, 39%/ That is with most recent quarter ending April 30,2000. WON looks for a 25% in earnings and 30% in revenue...EPS rate is 98 and RS,SMR,A/D and timeliness are ALL rated an A... looks like CANSLIM to me :) Lynn ----- Original Message ----- Sent: Tuesday, July 25, 2000 1:04 PM > > And how is this stock a CANSLIM stock? > > Maybe I am not digging deep enough but I do not see much revenue/earnings > growth. > > > Regards, > Shah > 408-525-4263 > > > On Tue, 25 Jul 2000, Pierre Lapointe wrote: > > > SHFL has broken out on heavy volume. > > > > - > > > > > > > - > - ------------------------------------------------------------------------------- From: "lynn williams" Subject: Fw: [CANSLIM] Whip, whip, whipSAW!!! Date: 25 Jul 2000 11:52:03 -0400 ----- Original Message ----- Sent: Tuesday, July 25, 2000 11:34 AM > Dear Frank, thanks for your posts regarding your system. As for me, I found > PWER when it was in the 50s and began watching it... it was also featured in > IBD as was IRF... I bought PWER at 62 and again at 75.. great stock.. too > bad they misreported the earnings yesterday but seems to be recovering > nicely. > Anna, do you subscribe to IBD?? It is a wealth of info and has an uncanny > ability to feature stocks that soon after take off... > Lynn :) > ----- Original Message ----- > From: > To: > Sent: Tuesday, July 25, 2000 7:43 AM > Subject: Re: [CANSLIM] Whip, whip, whipSAW!!! > > > > > > > > Thank you so much. This is great! > > > > Anna > > > > > > "Frank V. Wolynski" on 07/24/2000 11:30:49 PM > > > > Please respond to canslim@lists.xmission.com > > > > To: canslim@lists.xmission.com > > cc: > > Subject: Re: [CANSLIM] Whip, whip, whipSAW!!! > > > > > > > > > > At 08:47 AM 7/24/00 -0400, you wrote: > > > > > > > > >Thank you, Frank. > > >Frank, would you be able to give examples of your recent buys and your > buy > > >points? > > > > > >Anna > > > > > > > Certainly Anna, glad to. > > > > Remember my particular method is top down oriented in that I rely on my > > Market timing signals to put me into the market at the right time or near > > it. Buy or not to buy, in short. > > > > The first indication came from my Hi/Lo count system having peaked (to the > > negative) on May 23th. We had been very negative and like all good (and > > bad) things they always change. Capitulation seemed to have appeared in > > some of the markets leadership, but I did not have a clear reversal in > > enough of the stocks I track, so I waited. The second signal to reverse > was > > another count signal of stocks in trends. This signal broke out to the > > upside registering a higher reading than I previously had. My lists were > > also gaining Green or positive stocks. CounterReversals were everywhere as > > stock after stock whipsawed. > > > > On May 30st it was very evident we had reversed and were moving rapidly > up. > > I had a list of stocks in my Reversal list that were strong candidates if > I > > saw blocks and higher volume. PWER was such a candidate. It had very > little > > to move to get back to old highs. > > > > I've uploaded a chart so you can see more easily what I am next referring > > to. > > http://home1.gte.net/wolynski/index.htm > > > > The RS line was trending higher, the Avg Daily volume was on the increase, > > OBV was trending higher. Another Relative Strength line I use is one > > against the group the stock is in ( not shown in the chart). This way I > > find the leader in the group and avoid laggards. The group was strong in > > ranking ( using my own scan of RS performance ) and having just > > successfully bounced off the 21day low price channel bar. > > > > I took a small position on 5/30 and added on 5/31 on the breakout with > > volume. The RS line was already upticking, the breakout seemed a certainty > > when considering what I knew in regards to Market Timing. > > > > I've waited patiently for the markets to give me a sell signal and the > > first appeared on 7/14. Wanting confirmation I waited until my trend > counts > > dropped and broke out to the downside. That happened on 5/17 and I sold > the > > next day on 5/18. The reversal down had been confirmed by my indicators, > > again using my system of counting Hi/Lo's and Trending stocks. I was a bit > > early, but I've never caught the exact top anyway. I was happy enough. I > > have gotten alot closer on the bottoms though. :-) > > > > The trick is which stocks, again PWER was screaming with all it had. New > > Highs, new highs, new highs. Actually to be totally forthright, I was > using > > a count of Relative Strength new highs (both S&P and the Group) at the > time > > in a 21 day period also. That is what brought PWER into my sights to begin > > with. I occasionally sort on the column in my screen that provides this > and > > review the chart patterns that stocks with high counts are putting in. I > > then look for compression against the upper 21day channel bar and go on > > high alert when it is near it and the market is near a bottom. > > > > I hope this helps. > > > > Best Regards, > > Frank Wolynski > > > > > > - > > > > > > > > > > > > - > > > - ------------------------------------------------------------------------------- From: Kent Norman Subject: Re: [CANSLIM] SHFL Date: 25 Jul 2000 14:04:11 -0500 Although the CANSLIM may apply, the cup spans several years. The left side was in mid 1996. The technicals score 48% at http://quotes.barchart.com/texpert.asp?sym=shfl&code=BSTK I think I will pass on this one. Kent lynn williams wrote: > > Shah are u comparing from previous quarter to recetn quarter? the numbers I > get for past 4 quarters commpared to same quarter year ago are: > Earnings-138%, 33% 85% and 81%. Revenue- 45%, 12% 42%, 39%/ That is with > most recent quarter ending April 30,2000. WON looks for a 25% in earnings > and 30% in revenue...EPS rate is 98 and RS,SMR,A/D and timeliness are ALL > rated an A... looks like CANSLIM to me :) > Lynn > ----- Original Message ----- > From: "Pritish Shah" > To: > Sent: Tuesday, July 25, 2000 1:04 PM > Subject: Re: [CANSLIM] SHFL > > > > > And how is this stock a CANSLIM stock? > > > > Maybe I am not digging deep enough but I do not see much revenue/earnings > > growth. > > > > > > Regards, > > Shah > > 408-525-4263 > > > > > > On Tue, 25 Jul 2000, Pierre Lapointe wrote: > > > > > SHFL has broken out on heavy volume. > > > > > > - > > > > > > > > > > > > - > > > > - - ------------------------------------------------------------------------------- From: Rakesh Sanghvi Subject: RE: [CANSLIM] BEIQ Date: 25 Jul 2000 15:04:33 -0400 BEIQ just went nuts today. Any thoughts, opinions? Just MM playing with us and shaking us out? I had set my stop loss 8% under my buy point so I wasnt shaken out but given the action of a lot of our stocks in the past weeks makes me wonder how the market whipsaws and shakes people out. All distibution days in the past week have been on lower volume than up days....Interesting. Rakesh -----Original Message----- Sent: Tuesday, July 25, 2000 1:51 PM I believe it was picked off my HGS list I posted over the weekend. The QP/yahoo numbers I have for it are: EPS 98 RS 86 GRS 87 A/D A+ EPS growth rate +22% Q0/Q-4 EPS +81% Q-1/Q-5 EPS +85% Q0/Q-1 Sales +39% Q-1/Q-5 Sales +42% Q+1/Q-3 EPS +49% Insiders 14% Instit. 18% Shares 7M These may or may not meet your criteria but they pass the CASLI criteria (with the exception of insiders) in HTMMIS with flying colors. It has been on my HGS watch list for months. The only reservation I have is its industry: Shuffle Master, Inc. develops, manufactures and markets automatic card shuffling equipment, and gaming products such as table games and slot machine game software for the gaming industry. Additionally, the Company distributes casino chip sorting machines and accessories under a distribution agreement with TCS America, Inc. As of October 31, 1999, the Company had placed its game equipment and gaming products in over 630 casinos throughout the world. I've been in casino and related stocks before and done poorly. Discl: I went ahead and bot it anyway! On 10:04 AM 7/25/00, Pritish Shah Said: >And how is this stock a CANSLIM stock? > >Maybe I am not digging deep enough but I do not see much revenue/earnings >growth. > > >Regards, >Shah >408-525-4263 > > >On Tue, 25 Jul 2000, Pierre Lapointe wrote: > > > SHFL has broken out on heavy volume. > > > > - > > > > > > >- Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - - ------------------------------------------------------------------------------- From: "lynn williams" Subject: Re: [CANSLIM] upcoming seminar Date: 25 Jul 2000 12:16:05 -0400 For those of you who ask about brokerages: Schwab offers through its' Velocity program GREAT real time streaming quotes! Lynn :) What is with AMCC and the fact that it keeps going up but on less than normal volume? Had great earnings, blowout report but volume so low?? any thoughts please... thanks :) Lynn ----- Original Message ----- Sent: Tuesday, July 25, 2000 12:16 AM > Lynn, > Where is the seminar? How does one sign up? > > lynn williams wrote: > > > Dear Dennis, > > I am planning on going. A couple of people have told me that they have gone > > more than once and one even told me that they knew of several who had gone > > 10 times! Both said that it was best money ever spent and really increased > > their portfolio worth... so that is my 2 cents... > > Lynn > > ----- Original Message ----- > > From: "Dennis Jun" > > To: > > Sent: Monday, July 24, 2000 1:53 PM > > Subject: [CANSLIM] upcoming seminar > > > > > Hello CANSLIMers! > > > > > > If you don't know already, O'Neil is doing a seminar in LA this > > > Saturday. I was wondering if anyone was going? Furthermore, I was > > > wondering if anyone has attended one of these seminars before? I'm > > > considering attending myself, but it's quite expensive, so I'd appreciate > > > any first hand info from anyone who has attended. Much thanx in advance. > > > > > > - > > > > > > > - > > > - > - ------------------------------------------------------------------------------- From: Pritish Shah Subject: Re: [CANSLIM] Re: KEI Reversal Date: 25 Jul 2000 12:20:39 -0700 (PDT) I have seen many people use "filling the gap", "has to fill the gap" etc. So let me ask this stupid question. What do you mean by "filling the gap"? Regards, Shah 408-525-4263 On Tue, 25 Jul 2000 kraus0r@cs.com wrote: > Boy that didn't take long. KEI now down in the 50s, much closer to support and filling the gap. > > - > > - ------------------------------------------------------------------------------- From: "Marc Laniado" Subject: [CANSLIM] Investors Business Daily Website is online now! Date: 25 Jul 2000 20:31:10 +0100 Living in England meant I could never read IBD except when I visited my wife's parents - now I can read it too!! This in not an ad by the way! Best Marc - ------------------------------------------------------------------------------- From: Pritish Shah Subject: [CANSLIM] AMCC Date: 25 Jul 2000 12:38:21 -0700 (PDT) What is the thinking on this stock? Regards, Shah 408-525-4263 - ------------------------------------------------------------------------------- From: jeff.salisbury@xmission.com Date: 25 Jul 2000 13:51:03 -0600 (EDT) Message-ID: <000501bff657$7ea9ad20$ed3efea9@y55s1> References: <007701bff66e$ecfcf720$1caafea9@qy5j0> MIME-Version: 1.0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: 7bit X-Priority: 3 X-MSMail-Priority: Normal X-Mailer: Microsoft Outlook Express 5.00.2919.6600 X-MimeOLE: Produced By Microsoft MimeOLE V5.00.2919.6600 do you subscribe to daily graphs marc? ----- Original Message ----- Sent: Tuesday, July 25, 2000 3:31 PM > Living in England meant I could never read IBD except when I visited my > wife's parents - now I can read it too!! > This in not an ad by the way! > Best > Marc > > > > - > - ------------------------------------------------------------------------------- From: Tim Fisher Subject: RE: [CANSLIM] BEIQ Date: 25 Jul 2000 13:01:08 -0700 From Briefing.com: Day Trader : You, too, can become a player in the burgeoning fiber optics industry... A number of publicly traded companies have seen their shares soar in recent weeks after announcing plans to enter the fiber optics space. Latest example occurred last night, when BEI Technologies (BEIQ) -- a manufacturer of electronic sensors and motion control products -- announced that is had established and provided seed financing for a company than will develop components for the telecommunications market. BEIQ shares have traded up as much as 26% on the news.... Other attempts at notoriety have been made by companies detailing plans to either rename a unit "to reflect its new emphasis on fiber optics" or the acquisition of established, albeit insignificant, player in the space.... Veteran investors/traders will recall a number of similar situations over the past two years, such as the Q4 ('99)/Q1('00) Linux frenzy. Spectacular price gains experienced by Red Hat (RHAT) convinced dozens of companies to quickly position themselves in the Linux market -- if not for strategic purposes, at least least for "shareholder" value. To all but the uninformed or unrealistic, these stocks were plays, not investments. Their main purpose was to serve as trading shells used to participate in the equity market's bullish initial response to Linux-related initial public offerings such Red Hat (RHAT, 52-week range 15 to 151 5/16, current price 21 1/2) and VA Linux Systems (LNUX, 52-week range 26 7/8 to 320, current price 35 5/8)... Canadian software company Corel Corp (CORL 3 1/2) was probably the most glaring example of investors/traders allowing upward price momentum to substitute for positive fundamentals. In the three months after Corel first popped onto our radar screen as a Linux secondary play (Aug 27), the stock rallied 770% to $44.50. Two earnings warnings and a restructuring later, we find the stock trading 92% off its Dec. high and flirting with new lows... Briefing.com does not contend that legitimate participants in the fiber optics boom will meet the same fate as the Linux day plays. The point being made is that we have now reached the point in the frenzy that distressed companies are attempting to propel their stock prices by feeding press releases to traders. Investors in search of a "poor man's" play on JDSU or GLW should understand that these stocks are the first to be jettisoned in a market slowdown, with declines of 75% or more from their highs the historical norm... The most important guidance that we can give with respect to hot sector pile-on situations is to never, ever allow a trade that goes awry to turn into an investment, as this is the fatal mistake that sends most active investors and traders to the sideline for good. - Damon Southward, Briefing.com On 12:04 PM 7/25/00, Rakesh Sanghvi Said: >BEIQ just went nuts today. Any thoughts, opinions? Just MM playing with us >and shaking us out? I had set my stop loss 8% under my buy point so I wasnt >shaken out but given the action of a lot of our stocks in the past weeks >makes me wonder how the market whipsaws and shakes people out. > >All distibution days in the past week have been on lower volume than up >days....Interesting. > >Rakesh > >-----Original Message----- >From: Tim Fisher [mailto:tim@OreRockOn.com] >Sent: Tuesday, July 25, 2000 1:51 PM >To: canslim@lists.xmission.com >Subject: Re: [CANSLIM] SHFL > > >I believe it was picked off my HGS list I posted over the weekend. The >QP/yahoo numbers I have for it are: > >EPS 98 >RS 86 >GRS 87 >A/D A+ >EPS growth rate +22% >Q0/Q-4 EPS +81% >Q-1/Q-5 EPS +85% >Q0/Q-1 Sales +39% >Q-1/Q-5 Sales +42% >Q+1/Q-3 EPS +49% >Insiders 14% >Instit. 18% >Shares 7M > > >These may or may not meet your criteria but they pass the CASLI criteria >(with the exception of insiders) in HTMMIS with flying colors. It has been >on my HGS watch list for months. > >The only reservation I have is its industry: > >Shuffle Master, Inc. develops, manufactures and markets automatic card >shuffling equipment, and gaming products such as table games and slot >machine game software for the gaming industry. Additionally, the Company >distributes casino chip sorting machines and accessories under a >distribution agreement with TCS America, Inc. As of October 31, 1999, the >Company had placed its game equipment and gaming products in over 630 >casinos throughout the world. > >I've been in casino and related stocks before and done poorly. > >Discl: I went ahead and bot it anyway! > >On 10:04 AM 7/25/00, Pritish Shah Said: > > >And how is this stock a CANSLIM stock? > > > >Maybe I am not digging deep enough but I do not see much revenue/earnings > >growth. > > > > > >Regards, > >Shah > >408-525-4263 > > > > > >On Tue, 25 Jul 2000, Pierre Lapointe wrote: > > > > > SHFL has broken out on heavy volume. > > > > > > - > > > > > > > > > > > >- > >Tim Fisher >Ore-Rock-On and Pacific Fishery Biologists WWW Sites > >Tim@OreRockOn.com >WWW: http://OreRockOn.com >See naked fish and rocks! > > >- > >- Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - ------------------------------------------------------------------------------- From: Tim Fisher Subject: Re: [CANSLIM] AMCC Date: 25 Jul 2000 13:10:23 -0700 I am nervous about it so I sold half mine via limit order today at +25%. It's a decent CANSLIM stock (99/98/98 ABA) that is trading off a glowing earnings report, and I wonder how long it can keep it up. Today is not a b/o, even if it is a new high - vol was less than ADV. I don't give it much of a chance of holding, so I am taking some profits today. Of course this could be the presage to a volume b/o from the C&H dating back to March, but who knows? Anyway I bot too early, suffered through the cup, and am glad to be out of half my position today. I'll let the other half ride with a fairly tight trailing stop from here on out. On 12:38 PM 7/25/00, Pritish Shah Said: >What is the thinking on this stock? > > >Regards, >Shah >408-525-4263 Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - ------------------------------------------------------------------------------- From: han.26@osu.edu Subject: [CANSLIM] Re: "guarantees" Date: 25 Jul 2000 16:10:34 -0700 lynn williams wrote: >>Anna, I look at the overall long-term pattern...And ADCT is a winner... you >>WILL make money on it " [..you WILL make money on it."] This seems humorous and irresponsible to me. There are no guarantees in the stock market. Only fixed income securities can approximate a definite return. And even those aren't immune to disasters like war, etc. Have we forgotten that there is genuine RISK in the stock market? -Jim - ------------------------------------------------------------------------------- From: "lynn williams" Subject: Re: [CANSLIM] Re: "guarantees" Date: 25 Jul 2000 13:18:58 -0400 No there are no guarantees , I realize that and I automatically assume that anyone investing on their own is well aware of that.. however, it was not meant as a 100% guarantee...glad you got a laugh out of it anyway Lynn ----- Original Message ----- Sent: Tuesday, July 25, 2000 7:10 PM > lynn williams wrote: > > >>Anna, I look at the overall long-term pattern...And ADCT is a winner... you > >>WILL make money on it " [..you WILL make money on it."] > > This seems humorous and irresponsible to me. There are no guarantees in the > stock market. Only fixed income securities can approximate a definite return. > And even those aren't immune to disasters like war, etc. > > Have we forgotten that there is genuine RISK in the stock market? > > -Jim > > > - > - ------------------------------------------------------------------------------- From: asosis@ca.ibm.com Subject: Re: [CANSLIM] Re: KEI Reversal Date: 25 Jul 2000 16:40:44 -0400 "All gaps must be filled". Don't know how true it is but this means that if there is a gap in a stock's price it will be filled (i.e., the price at some point will fill the gap.) From a quick look at the chart KEI actually had two gaps (recent one was filled) and the one in the process of being filled now is the gap as of June 6-9 or around there. This should probably go in the same pile as overbought/oversold indicator, i.e., basically useless IMHO :) Anna Pritish Shah on 07/25/2000 03:20:39 PM Please respond to canslim@lists.xmission.com cc: I have seen many people use "filling the gap", "has to fill the gap" etc. So let me ask this stupid question. What do you mean by "filling the gap"? Regards, Shah 408-525-4263 On Tue, 25 Jul 2000 kraus0r@cs.com wrote: > Boy that didn't take long. KEI now down in the 50s, much closer to support and filling the gap. > > - > > - - ------------------------------------------------------------------------------- From: kraus0r@cs.com Subject: [CANSLIM] www.investors.com Date: 25 Jul 2000 17:01:27 -0400 The new IBD website is up, and it looks pretty good. I'll have to wait until I get home to spend some time surfing around and registering. - ------------------------------------------------------------------------------- From: Eric Shen Subject: Re: [CANSLIM] SHFL Date: 25 Jul 2000 15:58:16 -0700 SHFL is Shuffle Master? I remember watching those machines while at Lake Tahoe. I think the Gaming industry is very cyclical. The economy and political atmosphere must be understood. I know that there has been a large increase of Indian Gaming Casinos here in California and they do have table games (blackjack, roulette). I don't know if they use a machine to shuffle their decks. If they do, then there may still be growth opportunities. A few years ago, I made money with Anchor Gaming (SLOT). I held it for about 6 months and sold right before it hit a sharp correction. I guess the thing you have to watch for is the competition. Perhaps you should check to see if any of the Gambino family are listed as an insider. If so, then they won't have to worry about any competition. :-) Eric Tim Fisher wrote: > > I believe it was picked off my HGS list I posted over the weekend. The > QP/yahoo numbers I have for it are: > > EPS 98 > RS 86 > GRS 87 > A/D A+ > EPS growth rate +22% > Q0/Q-4 EPS +81% > Q-1/Q-5 EPS +85% > Q0/Q-1 Sales +39% > Q-1/Q-5 Sales +42% > Q+1/Q-3 EPS +49% > Insiders 14% > Instit. 18% > Shares 7M > > These may or may not meet your criteria but they pass the CASLI criteria > (with the exception of insiders) in HTMMIS with flying colors. It has been > on my HGS watch list for months. > > The only reservation I have is its industry: > > Shuffle Master, Inc. develops, manufactures and markets automatic card > shuffling equipment, and gaming products such as table games and slot > machine game software for the gaming industry. Additionally, the Company > distributes casino chip sorting machines and accessories under a > distribution agreement with TCS America, Inc. As of October 31, 1999, the > Company had placed its game equipment and gaming products in over 630 > casinos throughout the world. > > I've been in casino and related stocks before and done poorly. > > Discl: I went ahead and bot it anyway! > > On 10:04 AM 7/25/00, Pritish Shah Said: > > >And how is this stock a CANSLIM stock? > > > >Maybe I am not digging deep enough but I do not see much revenue/earnings > >growth. > > > > > >Regards, > >Shah > >408-525-4263 > > > > > >On Tue, 25 Jul 2000, Pierre Lapointe wrote: > > > > > SHFL has broken out on heavy volume. > > > > > > - > > > > > > > > > > > >- > > Tim Fisher > Ore-Rock-On and Pacific Fishery Biologists WWW Sites > > Tim@OreRockOn.com > WWW: http://OreRockOn.com > See naked fish and rocks! > > - -- Eric Shen MS LOC3-8 Intel Corporation email: eshen@level1.com 9750 Goethe Road Tel: (916) 855 5177 x4497 Sacramento, CA 95827 - ------------------------------------------------------------------------------- From: Tim Fisher Subject: Re: [CANSLIM] SHFL Date: 25 Jul 2000 16:49:58 -0700 You got lucky with SLOT. I held it on that fateful day and joined a class-action lawsuit which I will never see a penny from. On 03:58 PM 7/25/00, Eric Shen Said: >SHFL is Shuffle Master? I remember watching those machines while at >Lake Tahoe. > >I think the Gaming industry is very cyclical. The economy and political >atmosphere must be understood. I know that there has been a large >increase of Indian Gaming Casinos here in California and they do have >table games (blackjack, roulette). I don't know if they use a machine >to shuffle their decks. If they do, then there may still be growth >opportunities. > >A few years ago, I made money with Anchor Gaming (SLOT). I held it >for about 6 months and sold right before it hit a sharp correction. > >I guess the thing you have to watch for is the competition. Perhaps >you should check to see if any of the Gambino family are listed as >an insider. If so, then they won't have to worry about any competition. >:-) > >Eric > > >Tim Fisher wrote: > > > > I believe it was picked off my HGS list I posted over the weekend. The > > QP/yahoo numbers I have for it are: > > > > EPS 98 > > RS 86 > > GRS 87 > > A/D A+ > > EPS growth rate +22% > > Q0/Q-4 EPS +81% > > Q-1/Q-5 EPS +85% > > Q0/Q-1 Sales +39% > > Q-1/Q-5 Sales +42% > > Q+1/Q-3 EPS +49% > > Insiders 14% > > Instit. 18% > > Shares 7M > > > > These may or may not meet your criteria but they pass the CASLI criteria > > (with the exception of insiders) in HTMMIS with flying colors. It has been > > on my HGS watch list for months. > > > > The only reservation I have is its industry: > > > > Shuffle Master, Inc. develops, manufactures and markets automatic card > > shuffling equipment, and gaming products such as table games and slot > > machine game software for the gaming industry. Additionally, the Company > > distributes casino chip sorting machines and accessories under a > > distribution agreement with TCS America, Inc. As of October 31, 1999, the > > Company had placed its game equipment and gaming products in over 630 > > casinos throughout the world. > > > > I've been in casino and related stocks before and done poorly. > > > > Discl: I went ahead and bot it anyway! > > > > On 10:04 AM 7/25/00, Pritish Shah Said: > > > > >And how is this stock a CANSLIM stock? > > > > > >Maybe I am not digging deep enough but I do not see much revenue/earnings > > >growth. > > > > > > > > >Regards, > > >Shah > > >408-525-4263 > > > > > > > > >On Tue, 25 Jul 2000, Pierre Lapointe wrote: > > > > > > > SHFL has broken out on heavy volume. > > > > > > > > - > > > > > > > > > > > > > > > > >- > > > > Tim Fisher > > Ore-Rock-On and Pacific Fishery Biologists WWW Sites > > > > Tim@OreRockOn.com > > WWW: http://OreRockOn.com > > See naked fish and rocks! > > > > - > >-- >Eric Shen MS LOC3-8 Intel Corporation >email: eshen@level1.com 9750 Goethe Road >Tel: (916) 855 5177 x4497 Sacramento, CA 95827 > >- Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] Re: KEI Reversal Date: 25 Jul 2000 20:55:23 -0400 Note also the wave of insider selling around $18 in late Jan-Feb, and the mixed insider selling and buying under $30 in late Apr-early June. In both cases, the sellers were proven miserably wrong in their timing, while the buyers still have a nice profit even after the drop. The timing of the buyers would raise a question mark in my mind, as it appears they already knew that Q3 earnings would be huge. Another good example of why I say ignore insider selling, but take note of insider buying. When combined with other top drawer CANSLIM elements, it can help confirm a buy signal. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html ----- Original Message ----- Sent: Tuesday, July 25, 2000 10:27 AM Boy that didn't take long. KEI now down in the 50s, much closer to support and filling the gap. - - ------------------------------------------------------------------------------- From: jeff.salisbury@xmission.com Date: 25 Jul 2000 19:13:30 -0600 [9.99.132.205]) by e31.bld.us.ibm.com (8.9.3/8.9.3) with ESMTP id QAA15178 for ; Tue, 25 Jul 2000 16:26:36 -0400 Received: from d53mta05h.boulder.ibm.com (d53mta05h.boulder.ibm.com [9.99.142.5]) by westrelay02.boulder.ibm.com (8.8.8m3/NCO v4.92) with SMTP id OAA101952 for ; Tue, 25 Jul 2000 14:32:12 -0600 Received: by d53mta05h.boulder.ibm.com(Lotus SMTP MTA v4.6.5 (863.2 5-20-1999)) id 87256927.0070CC4F ; Tue, 25 Jul 2000 14:32:03 -0600 X-Lotus-FromDomain: IBMCA@IBMUS Message-ID: <87256927.0070CB36.00@d53mta05h.boulder.ibm.com> Mime-Version: 1.0 Content-type: text/plain; charset=us-ascii Content-Disposition: inline Nope, I do not subscribe.. I do get the Friday's (or Monday's) issue, though. I live in Toronto and IBD delivery here is terrible. Thank you for the tip, though... I will check every issue of IBD from now on. Btw, if someone lives in TO and also has delivery problems there is a workaround: Metro Library.. Lynn, you say they feature stocks.. Do they do it in a specific place or should I comb the entire paper? Anna jeff.salisbury@xmission.com on 07/25/2000 02:45:52 PM Please respond to canslim@lists.xmission.com cc: (EDT) Message-ID: <001f01bff64d$c5f8e100$ed3efea9@y55s1> References: <87256927.00407215.00@d53mta05h.boulder.ibm.com> MIME-Version: 1.0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: 7bit X-Priority: 3 X-MSMail-Priority: Normal X-Mailer: Microsoft Outlook Express 5.00.2919.6600 X-MimeOLE: Produced By Microsoft MimeOLE V5.00.2919.6600 Dear Frank, thanks for your posts regarding your system. As for me, I found PWER when it was in the 50s and began watching it... it was also featured in IBD as was IRF... I bought PWER at 62 and again at 75.. great stock.. too bad they misreported the earnings yesterday but seems to be recovering nicely. Anna, do you subscribe to IBD?? It is a wealth of info and has an uncanny ability to feature stocks that soon after take off... Lynn :) ----- Original Message ----- Sent: Tuesday, July 25, 2000 7:43 AM > > > Thank you so much. This is great! > > Anna > > > "Frank V. Wolynski" on 07/24/2000 11:30:49 PM > > Please respond to canslim@lists.xmission.com > > To: canslim@lists.xmission.com > cc: > Subject: Re: [CANSLIM] Whip, whip, whipSAW!!! > > > > > At 08:47 AM 7/24/00 -0400, you wrote: > > > > > >Thank you, Frank. > >Frank, would you be able to give examples of your recent buys and your buy > >points? > > > >Anna > > > > Certainly Anna, glad to. > > Remember my particular method is top down oriented in that I rely on my > Market timing signals to put me into the market at the right time or near > it. Buy or not to buy, in short. > > The first indication came from my Hi/Lo count system having peaked (to the > negative) on May 23th. We had been very negative and like all good (and > bad) things they always change. Capitulation seemed to have appeared in > some of the markets leadership, but I did not have a clear reversal in > enough of the stocks I track, so I waited. The second signal to reverse was > another count signal of stocks in trends. This signal broke out to the > upside registering a higher reading than I previously had. My lists were > also gaining Green or positive stocks. CounterReversals were everywhere as > stock after stock whipsawed. > > On May 30st it was very evident we had reversed and were moving rapidly up. > I had a list of stocks in my Reversal list that were strong candidates if I > saw blocks and higher volume. PWER was such a candidate. It had very little > to move to get back to old highs. > > I've uploaded a chart so you can see more easily what I am next referring > to. > http://home1.gte.net/wolynski/index.htm > > The RS line was trending higher, the Avg Daily volume was on the increase, > OBV was trending higher. Another Relative Strength line I use is one > against the group the stock is in ( not shown in the chart). This way I > find the leader in the group and avoid laggards. The group was strong in > ranking ( using my own scan of RS performance ) and having just > successfully bounced off the 21day low price channel bar. > > I took a small position on 5/30 and added on 5/31 on the breakout with > volume. The RS line was already upticking, the breakout seemed a certainty > when considering what I knew in regards to Market Timing. > > I've waited patiently for the markets to give me a sell signal and the > first appeared on 7/14. Wanting confirmation I waited until my trend counts > dropped and broke out to the downside. That happened on 5/17 and I sold the > next day on 5/18. The reversal down had been confirmed by my indicators, > again using my system of counting Hi/Lo's and Trending stocks. I was a bit > early, but I've never caught the exact top anyway. I was happy enough. I > have gotten alot closer on the bottoms though. :-) > > The trick is which stocks, again PWER was screaming with all it had. New > Highs, new highs, new highs. Actually to be totally forthright, I was using > a count of Relative Strength new highs (both S&P and the Group) at the time > in a 21 day period also. That is what brought PWER into my sights to begin > with. I occasionally sort on the column in my screen that provides this and > review the chart patterns that stocks with high counts are putting in. I > then look for compression against the upper 21day channel bar and go on > high alert when it is near it and the market is near a bottom. > > I hope this helps. > > Best Regards, > Frank Wolynski > > > - > > > > > > - > - - ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] Intro: Gino Mendoza Date: 25 Jul 2000 21:12:36 -0400 Welcome, Gino from Joisey You are right, there is usually a lot of good content here. I anybody can come up with a current online address for the 26 week series, it is well worth reading as an update and modernization of HTMMIS. If not, I recommend buying the book (by WON). Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html ----- Original Message ----- Sent: Tuesday, July 25, 2000 12:49 PM Hi everyone. Gino here from New Jersey. I just signed up for the mailing list. I'm a newbie in all of this. I have traded on & off for the past couple of months without much success. Someone recommended the O'Neil book and his CANSLIM strategy. I'm currently reading his book and supplementing that with information I get from reading your discussions. There is so much information to absorb in stock analysis - I hope I can get a good handle on it. I look forward to learning from this mailing list and hopefully exchanging some ideas with some of you. __________________________________________________ Do You Yahoo!? Get Yahoo! Mail - Free email you can access from anywhere! http://mail.yahoo.com/ - - ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] SHFL Date: 25 Jul 2000 21:18:27 -0400 Guess it depends on what site you look at. Using DGO, it shows five year earnings growth of 61%%, and latest 4 qtrs earnings of +138%; +33%; +85% and +81%. I'd say that's most respectable growth. On revenues, latest 4 qtrs are +45%; +12%; +42% and +39%, again most respectable, and with earnings growing faster than growing revenues, another plus. RS is at 90, EPS at 98, and GRS, SMR, A/D, and Timeliness are all an "A". Sounds CANSLIMish to me. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html ----- Original Message ----- Sent: Tuesday, July 25, 2000 1:04 PM And how is this stock a CANSLIM stock? Maybe I am not digging deep enough but I do not see much revenue/earnings growth. Regards, Shah 408-525-4263 On Tue, 25 Jul 2000, Pierre Lapointe wrote: > SHFL has broken out on heavy volume. > > - > > - - ------------------------------------------------------------------------------- From: asosis@ca.ibm.com Subject: Re: [CANSLIM] SHFL Date: 25 Jul 2000 22:10:55 -0400 Would anyone be able to post numbers of FISV? (Sorry, don't have access to the paper right now) Thank you Anna - ------------------------------------------------------------------------------- From: Dan Forant Subject: Re: [CANSLIM] SHFL Date: 25 Jul 2000 22:45:29 -0400 92 82 d b a Sponsor Rank B Dan At 10:10 PM 7/25/00 -0400, you wrote: > > >Would anyone be able to post numbers of FISV? (Sorry, don't have access to >the paper right now) > >Thank you > >Anna > > > >- > > - ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] SHFL Date: 25 Jul 2000 22:49:22 -0400 Tomorrow's IBD # (from tonight's DGO #) are RS 86; EPS 94; GRS D; SMR A; A/D A; Timeliness C; ROE 14%; u/d ratio 1.0; funds 27% of the float; management 9% of the issue. Last 4 qtrs earnings are up 22% to 37%. Five year earnings growth is at %. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html ----- Original Message ----- Sent: Tuesday, July 25, 2000 10:10 PM Would anyone be able to post numbers of FISV? (Sorry, don't have access to the paper right now) Thank you Anna - - ------------------------------------------------------------------------------- From: Dan Forant Subject: [CANSLIM] Investors.com Date: 25 Jul 2000 22:53:33 -0400 Wow did they pump this site up. It's about time. Shfl made the front page. 98 88 A A A Hope it keeps kicking Wed. Dan - ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] SHFL Date: 25 Jul 2000 23:01:28 -0400 Ooops, five year earnings growth rate is at 22% Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html ----- Original Message ----- Sent: Tuesday, July 25, 2000 10:49 PM Tomorrow's IBD # (from tonight's DGO #) are RS 86; EPS 94; GRS D; SMR A; A/D A; Timeliness C; ROE 14%; u/d ratio 1.0; funds 27% of the float; management 9% of the issue. Last 4 qtrs earnings are up 22% to 37%. Five year earnings growth is at %. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html ----- Original Message ----- Sent: Tuesday, July 25, 2000 10:10 PM Would anyone be able to post numbers of FISV? (Sorry, don't have access to the paper right now) Thank you Anna - - - ------------------------------------------------------------------------------- From: "Dwayne Andras" Subject: RE: [CANSLIM] Investors.com Date: 26 Jul 2000 06:46:02 -0500 I love the new site. This is great. I wonder what will be the cost after the bets period. I am very impressed so far. PS I did get into SHFL at 15 yesterday. Fingers are crossed. Dwayne P. Andras DeeAndras@cajun.net -----Original Message----- [mailto:owner-canslim@lists.xmission.com]On Behalf Of Dan Forant Sent: Tuesday, July 25, 2000 9:54 PM Wow did they pump this site up. It's about time. Shfl made the front page. 98 88 A A A Hope it keeps kicking Wed. Dan - - ------------------------------------------------------------------------------- From: Tim Fisher Subject: [CANSLIM] FLEX Date: 26 Jul 2000 14:01:26 -0700 Reported aftermarket and is up to 82-1/2 as I type. Announced a split with the report, watch it tomorrow. If M is good then it may just take off (or, just as likely, it may crash and burn!) (Discl: The 82-1/2 was me! Am I nuts or what!) Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - ------------------------------------------------------------------------------- From: "lynn williams" Subject: Re: [CANSLIM] SHFL Date: 26 Jul 2000 14:07:50 -0400 INSP and go2net are merging.. just over the wires.... Lynn ----- Original Message ----- Sent: Tuesday, July 25, 2000 11:01 PM > Ooops, five year earnings growth rate is at 22% > > Tom Worley > stkguru@netside.net > chat with me at ICQ # 5568838 > get ICQ software at http://www.icq.com/icqhomepage.html > > > ----- Original Message ----- > From: Tom Worley > To: > Sent: Tuesday, July 25, 2000 10:49 PM > Subject: Re: [CANSLIM] SHFL > > > Tomorrow's IBD # (from tonight's DGO #) are RS 86; EPS 94; GRS > D; SMR A; A/D A; Timeliness C; ROE 14%; u/d ratio 1.0; funds 27% > of the float; management 9% of the issue. Last 4 qtrs earnings > are up 22% to 37%. Five year earnings growth is at %. > > Tom Worley > stkguru@netside.net > chat with me at ICQ # 5568838 > get ICQ software at http://www.icq.com/icqhomepage.html > > > ----- Original Message ----- > From: > To: > Sent: Tuesday, July 25, 2000 10:10 PM > Subject: Re: [CANSLIM] SHFL > > > > > Would anyone be able to post numbers of FISV? (Sorry, don't have > access to > the paper right now) > > Thank you > > Anna > > > > - > > > > - > > > > - > - ------------------------------------------------------------------------------- From: jeff.salisbury@xmission.com Date: 26 Jul 2000 16:48:48 -0600 <20000726140630.DRLS14966.mail.rdc4.on.home.com@cr173116-a.etob1.on.wave.home.com> for ; Wed, 26 Jul 2000 07:06:30 -0700 Received: from localhost (cappy@localhost) by cr173116-a.etob1.on.wave.home.com (8.9.3/8.9.3) with ESMTP id KAA83838 for ; Wed, 26 Jul 2000 10:06:30 -0400 (EDT) (envelope-from cappy@cr173116-a.etob1.on.wave.home.com) Reply-To: Dennis Jun In-Reply-To: <3.0.3.32.20000725225333.006b3a6c@pop.nycap.rr.com> Message-ID: MIME-Version: 1.0 Content-Type: TEXT/PLAIN; charset=US-ASCII The site has alot! and even more to come. Howver, as a IBD subscriber, I feel like I'm sorta getting jipped. They put most of the major articles on the site, and some important screening with the high EPS and RS companies. Although, they do miss alot of the companies that are rated low 90s in EPS and RS, so that's fine. However, if the screener becomes improved and customised later on, for instance, to screen out 90+ stocks in EPS and RS, there won't be much use for my IBD paper anymore. What do you guys think? - ------------------------------------------------------------------------------- From: Dan Forant Subject: RE: [CANSLIM] Investors.com Date: 26 Jul 2000 18:57:07 -0400 Actually if you subscribe to the print version, IBD's charts and screen of the day are free. Seemed a little buggy tonite, couldn't access chart. Are the charts customizable for 52 months?? At 06:46 AM 7/26/00 -0500, you wrote: > >I love the new site. This is great. I wonder what will be the cost after >the bets period. I am very impressed so far. > >PS I did get into SHFL at 15 yesterday. Fingers are crossed. > > > > >Dwayne P. Andras >DeeAndras@cajun.net > > >-----Original Message----- >From: owner-canslim@lists.xmission.com >[mailto:owner-canslim@lists.xmission.com]On Behalf Of Dan Forant >Sent: Tuesday, July 25, 2000 9:54 PM >To: canslim@xmission.com >Subject: [CANSLIM] Investors.com > > >Wow did they pump this site up. It's about time. Shfl made the front page. >98 88 A A A >Hope it keeps kicking Wed. > >Dan > >- > > > >- > > - ------------------------------------------------------------------------------- From: Pierre Lapointe Subject: [CANSLIM] SHFL Date: 26 Jul 2000 19:57:27 -0400 IBD had a story about the gaming biz in Monday's edition. The gist is that casino's need to keep the action new and fresh to keep the gamblers coming back. One of the ways to do this is to replace traditional slot machines with video slot machines. The story mentioned SHFL and IGT among others in this vein. What the story missed is that SHFL and IGT are teaming up in a joint venture to merge their technology and will split the proceeds 50/50. I think SHFL is worth a gamble! - ------------------------------------------------------------------------------- From: Kraus0R@cs.com Subject: [CANSLIM] Re: Date: 26 Jul 2000 20:45:18 EDT I thought the Daily Graphs section was a little weak. Doesn't DGO also list institutions/funds also in a stock ? What does this offer that you can't get from Bigcharts or SEC filings ? The stock screener is nice. Addidional screens would be good. The old investors.com site also had all the articles listed and so forth. Overall, I like it, but I wouldn't pay extra for the "power tools". - ------------------------------------------------------------------------------- From: Dan Forant Subject: Re: [CANSLIM] Re: Date: 26 Jul 2000 20:58:03 -0400 It's a little slow and pokey, at first it looked promising, but I'll stick w,clearstation.com., and Meta Stock, I do like the "Screen of the Day" which I get free with the print paper subs. Dan At 08:45 PM 7/26/00 EDT, you wrote: >I thought the Daily Graphs section was a little weak. Doesn't DGO also list >institutions/funds also in a stock ? What does this offer that you can't get >from Bigcharts or SEC filings ? The stock screener is nice. Addidional >screens would be good. The old investors.com site also had all the articles >listed and so forth. Overall, I like it, but I wouldn't pay extra for the >"power tools". > >- > > - ------------------------------------------------------------------------------- From: d mac Subject: [CANSLIM] Valuable web site Date: 26 Jul 2000 20:23:31 -0700 (PDT) Don't know if anyone has posted this site but it evaluates stocks based on WON's criteria. Check it out. I was looking at ADCT when I found this. http://www.validea.com/StockReport.asp?Section=guru&Ticker=adct&gurupage=ONeil P.S. Shfl (I don't own any) was well rated. __________________________________________________ Do You Yahoo!? Get Yahoo! Mail - Free email you can access from anywhere! http://mail.yahoo.com/ - ------------------------------------------------------------------------------- From: "Tom Worley" Subject: [CANSLIM] Bloodbath in Japan Date: 26 Jul 2000 23:43:40 -0400 Seems the weak technology market, and fears of more bankruptcies, has finally hit reality in Japan. Down 2.57% currently. Hasn't broken 16,000 just yet, but close. Will be interesting to see if it carries over to the rest of Asia, and Europe tomorrow. Some of the tech stocks hit hard, but the securities industry hit hardest as a group as investors expect a slowdown in trading activity. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html - ------------------------------------------------------------------------------- From: Earl Setser Subject: [CANSLIM] Whip, whip #2 Date: 26 Jul 2000 21:50:49 -0600 Well, another down day today as the NAS continues to reverse almost daily. I noticed that today's move WAS on stronger volume, so today would be Distribution Day 1. I think this market has shown a lot of weakness over the last couple of weeks, and I'm really losing my confidence that we are going up from here. Based on this, I suggest we all watch carefully for the warning signs. We are seeing numerous breakouts fail, and I think that is a very bad sign. If we see 2 or 3 more D-Days in the next week or two, it will be time to close up those stops and batten down the hatches!! - ------------------------------------------------------------------------------- From: "Peter Christiansen" Subject: Re: [CANSLIM] Whip, whip #2 Date: 27 Jul 2000 13:34:44 +0700 Yesterday I was stopped out of my last two positions, and am 100% cash. ----- Original Message ----- Cc: Sent: Thursday, July 27, 2000 10:50 AM > Well, another down day today as the NAS continues to reverse almost daily. > I noticed that today's move WAS on stronger volume, so today would be > Distribution Day 1. I think this market has shown a lot of weakness over > the last couple of weeks, and I'm really losing my confidence that we are > going up from here. Based on this, I suggest we all watch carefully for > the warning signs. We are seeing numerous breakouts fail, and I think that > is a very bad sign. If we see 2 or 3 more D-Days in the next week or two, > it will be time to close up those stops and batten down the hatches!! > > - > - ------------------------------------------------------------------------------- From: Dan Forant Subject: [CANSLIM] Re: Date: 26 Jul 2000 19:34:23 -0400 I'm just waiting for the day it improves enough and I'll cancel the print form and go entirely online. Dan. At 04:48 PM 7/26/00 -0600, you wrote: ><20000726140630.DRLS14966.mail.rdc4.on.home.com@cr173116-a.etob1.on.wave.ho me.com> > for ; Wed, 26 Jul 2000 07:06:30 -0700 >Received: from localhost (cappy@localhost) > by cr173116-a.etob1.on.wave.home.com (8.9.3/8.9.3) with ESMTP id >KAA83838 > for ; Wed, 26 Jul 2000 10:06:30 -0400 >(EDT) > (envelope-from cappy@cr173116-a.etob1.on.wave.home.com) >Date: Wed, 26 Jul 2000 10:06:29 -0400 (EDT) >From: Dennis Jun >Reply-To: Dennis Jun >To: canslim@lists.xmission.com >Subject: Investors.com >In-Reply-To: <3.0.3.32.20000725225333.006b3a6c@pop.nycap.rr.com> >Message-ID: > >MIME-Version: 1.0 >Content-Type: TEXT/PLAIN; charset=US-ASCII > >The site has alot! and even more to come. Howver, as a IBD subscriber, I >feel like I'm sorta getting jipped. They put most of the major articles on >the site, and some important screening with the high EPS and RS >companies. Although, they do miss alot of the companies that are rated low >90s in EPS and RS, so that's fine. However, if the screener becomes >improved and customised later on, for instance, to screen out 90+ stocks >in EPS and RS, there won't be much use for my IBD paper anymore. What do >you guys think? > >- > > - ------------------------------------------------------------------------------- From: Tim Fisher Subject: Re: [CANSLIM] Whip, whip #2 Date: 27 Jul 2000 07:39:09 -0700 Guess it doesn't look that dire to me. Technically, the NAZ has failed the latest rally attempt but has gobs of support from 3877 all the way to 3767, which has held since the beginning of June. Interestingly enough, it has been as low as 3873 today, and looks to be holding around the upper end of that support. The past few days, the leaders (i.e. recent CANSLIM breakouts) have held up far better than the index. I dunno about your accounts, but mine has outperformed the NAZ every day for a week. Sure, I'm getting stopped out of those failed breakouts, but many either merely dropped back into the base or retreated to the pivot and are holding in that range. Too many stocks on my watch list to list here are still within a few percent of their highs. But hey, bring on that bear sentiment! Let's have a big "V" so we can return to sensibility! On 08:50 PM 7/26/00, Earl Setser Said: >Well, another down day today as the NAS continues to reverse almost daily. >I noticed that today's move WAS on stronger volume, so today would be >Distribution Day 1. I think this market has shown a lot of weakness over >the last couple of weeks, and I'm really losing my confidence that we are >going up from here. Based on this, I suggest we all watch carefully for >the warning signs. We are seeing numerous breakouts fail, and I think that >is a very bad sign. If we see 2 or 3 more D-Days in the next week or two, >it will be time to close up those stops and batten down the hatches!! > >- Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - ------------------------------------------------------------------------------- From: Walter Stock Subject: Re: [CANSLIM] Whip, whip #2 Date: 27 Jul 2000 13:50:24 -0400 Hope we can still find some bear sentiment, Tim... according to today's IBD, it has slumped to 30.8%. Meanwhile bull sentiment has moved up sharply to 54.2%, close to the 55% red zone. The semiconductor group has been ugly for two weeks, breaking below several key support levels. I sold my last semiconductor stock ELNT into the morning strength on Monday at 81 3/4. We had one major distribution day yesterday, and the action in the leaders seems to be to look for an excuse to sell.. If I see more of the big distribution, I will be selling into rallies, and moving to 100% cash in a hurry. Presently about 50% invested. Walter Stock Oakville, ON, Canada Tim Fisher wrote: > Guess it doesn't look that dire to me. Technically, the NAZ has failed the > latest rally attempt but has gobs of support from 3877 all the way to 3767, > which has held since the beginning of June. Interestingly enough, it has > been as low as 3873 today, and looks to be holding around the upper end of > that support. The past few days, the leaders (i.e. recent CANSLIM > breakouts) have held up far better than the index. I dunno about your > accounts, but mine has outperformed the NAZ every day for a week. Sure, I'm > getting stopped out of those failed breakouts, but many either merely > dropped back into the base or retreated to the pivot and are holding in > that range. Too many stocks on my watch list to list here are still within > a few percent of their highs. > > But hey, bring on that bear sentiment! Let's have a big "V" so we can > return to sensibility! > - ------------------------------------------------------------------------------- From: kraus0r@cs.com Subject: Re: [CANSLIM] Whip, whip #2 Date: 27 Jul 2000 13:47:28 -0400 The Nasdaq still has that gap at 3600 it may try to fill. Notice how KEI stopped falling at the gap ? Roger canslim@lists.xmission.com wrote: > > Hope we can still find some bear sentiment, Tim...  according to today's IBD, > it has slumped to 30.8%.   Meanwhile bull sentiment has moved up sharply > to 54.2%, close to the 55% red zone. > > The semiconductor group has been ugly for two weeks, breaking below > several key support levels.   I sold my last semiconductor stock ELNT into the > morning strength on Monday at 81 3/4. > > We had one major distribution day yesterday, and the action in the leaders seems > > to be to look for an excuse to sell..   If I see more of the big distribution, > I will be > selling into rallies, and moving to 100% cash in a hurry. > > Presently about 50% invested. > > Walter Stock > Oakville, ON, Canada > > Tim Fisher wrote: > > > Guess it doesn't look that dire to me. Technically, the NAZ has failed the > > latest rally attempt but has gobs of support from 3877 all the way to 3767, > > which has held since the beginning of June. Interestingly enough, it has > > been as low as 3873 today, and looks to be holding around the upper end of > > that support. The past few days, the leaders (i.e. recent CANSLIM > > breakouts) have held up far better than the index. I dunno about your > > accounts, but mine has outperformed the NAZ every day for a week. Sure, I'm > > getting stopped out of those failed breakouts, but many either merely > > dropped back into the base or retreated to the pivot and are holding in > > that range. Too many stocks on my watch list to list here are still within > > a few percent of their highs. > > > > But hey, bring on that bear sentiment! Let's have a big "V" so we can > > return to sensibility! > > > > > - > > - ------------------------------------------------------------------------------- From: Tim Fisher Subject: Re: [CANSLIM] Whip, whip #2 Date: 27 Jul 2000 11:22:05 -0700 I'd like a chartists' opinion of this, but since it had traded up through 3600 way back in the golden olden days, then back down through it in the recent baddie days, is it really a gap? It seems to me that a gap exists where the stock has not ever traded at that level, then gaps up through it, i.e. no there is no prior support or resistance in the gap area. Therefore I see no technical reason why the NAZ would try to fill this particular gap. On 10:47 AM 7/27/00, kraus0r@cs.com Said: >The Nasdaq still has that gap at 3600 it may try to fill. Notice how KEI >stopped falling at the gap ? > >Roger > > >canslim@lists.xmission.com wrote: > > > > Hope we can still find some bear sentiment, Tim... according to > today's IBD, > > it has slumped to 30.8%. Meanwhile bull sentiment has moved up sharply > > to 54.2%, close to the 55% red zone. > > > > The semiconductor group has been ugly for two weeks, breaking below > > several key support levels. I sold my last semiconductor stock ELNT > into the > > morning strength on Monday at 81 3/4. > > > > We had one major distribution day yesterday, and the action in the > leaders seems > > > > to be to look for an excuse to sell.. If I see more of the big > distribution, > > I will be > > selling into rallies, and moving to 100% cash in a hurry. > > > > Presently about 50% invested. > > > > Walter Stock > > Oakville, ON, Canada > > > > Tim Fisher wrote: > > > > > Guess it doesn't look that dire to me. Technically, the NAZ has > failed the > > > latest rally attempt but has gobs of support from 3877 all the way to > 3767, > > > which has held since the beginning of June. Interestingly enough, it has > > > been as low as 3873 today, and looks to be holding around the upper > end of > > > that support. The past few days, the leaders (i.e. recent CANSLIM > > > breakouts) have held up far better than the index. I dunno about your > > > accounts, but mine has outperformed the NAZ every day for a week. > Sure, I'm > > > getting stopped out of those failed breakouts, but many either merely > > > dropped back into the base or retreated to the pivot and are holding in > > > that range. Too many stocks on my watch list to list here are still > within > > > a few percent of their highs. > > > > > > But hey, bring on that bear sentiment! Let's have a big "V" so we can > > > return to sensibility! > > > > > > > > > - > > > > > >- Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - ------------------------------------------------------------------------------- From: kraus0r@cs.com Subject: Re: [CANSLIM] Whip, whip #2 Date: 27 Jul 2000 15:13:57 -0400 Tim, I see your point. I decided to give the new IBD site a try by posing the following question to Mr O'Neill. "Do you concern yourself with price gaps in a stocks trading action ? And if so does it make any difference if the gap occurs coming out of a correction, or if it occurs while the stock is making new highs ? Thanks for your time." I'll keep you informed. Roger canslim@lists.xmission.com wrote: > > I'd like a chartists' opinion of this, but since it had traded up through > 3600 way back in the golden olden days, then back down through it in the > recent baddie days, is it really a gap? It seems to me that a gap exists > where the stock has not ever traded at that level, then gaps up through it, > i.e. no there is no prior support or resistance in the gap area. Therefore > I see no technical reason why the NAZ would try to fill this particular gap. > > On 10:47 AM 7/27/00, kraus0r@cs.com Said: > >The Nasdaq still has that gap at 3600 it may try to fill.  Notice how KEI > >stopped falling at the gap ? > > > >Roger > > > > > >canslim@lists.xmission.com wrote: > > > > > > Hope we can still find some bear sentiment, Tim...  according to > > today's IBD, > > > it has slumped to 30.8%.   Meanwhile bull sentiment has moved up sharply > > > to 54.2%, close to the 55% red zone. > > > > > > The semiconductor group has been ugly for two weeks, breaking below > > > several key support levels.   I sold my last semiconductor stock ELNT > > into the > > > morning strength on Monday at 81 3/4. > > > > > > We had one major distribution day yesterday, and the action in the > > leaders seems > > > > > > to be to look for an excuse to sell..   If I see more of the big > > distribution, > > > I will be > > > selling into rallies, and moving to 100% cash in a hurry. > > > > > > Presently about 50% invested. > > > > > > Walter Stock > > > Oakville, ON, Canada > > > > > > Tim Fisher wrote: > > > > > > > Guess it doesn't look that dire to me. Technically, the NAZ has > > failed the > > > > latest rally attempt but has gobs of support from 3877 all the way to > > 3767, > > > > which has held since the beginning of June. Interestingly enough, it has > > > > been as low as 3873 today, and looks to be holding around the upper > > end of > > > > that support. The past few days, the leaders (i.e. recent CANSLIM > > > > breakouts) have held up far better than the index. I dunno about your > > > > accounts, but mine has outperformed the NAZ every day for a week. > > Sure, I'm > > > > getting stopped out of those failed breakouts, but many either merely > > > > dropped back into the base or retreated to the pivot and are holding in > > > > that range. Too many stocks on my watch list to list here are still > > within > > > > a few percent of their highs. > > > > > > > > But hey, bring on that bear sentiment! Let's have a big "V" so we can > > > > return to sensibility! > > > > > > > > > > > > > - > > > > > > > > > >- > > Tim Fisher > Ore-Rock-On and Pacific Fishery Biologists WWW Sites > > Tim@OreRockOn.com > WWW: http://OreRockOn.com > See naked fish and rocks! > > > - > > - ------------------------------------------------------------------------------- From: Bill Weliky Subject: Re: [CANSLIM] Whip, whip #2 Date: 27 Jul 2000 11:29:55 -0700 I, too, would love to find an answer to that question. I think as you do but couldn't find it in Elder's book. I always wonder if misinformation drives investor psychology to do unnecessary things like fill gaps that technically don't need to be filled, a derivative of the 100 monkey theory. Bill ----- Original Message ----- Sent: Thursday, July 27, 2000 11:22 AM > I'd like a chartists' opinion of this, but since it had traded up through > 3600 way back in the golden olden days, then back down through it in the > recent baddie days, is it really a gap? It seems to me that a gap exists > where the stock has not ever traded at that level, then gaps up through it, > i.e. no there is no prior support or resistance in the gap area. Therefore > I see no technical reason why the NAZ would try to fill this particular gap. > > On 10:47 AM 7/27/00, kraus0r@cs.com Said: > >The Nasdaq still has that gap at 3600 it may try to fill. Notice how KEI > >stopped falling at the gap ? > > > >Roger > > > > > >canslim@lists.xmission.com wrote: > > > > > > Hope we can still find some bear sentiment, Tim... according to > > today's IBD, > > > it has slumped to 30.8%. Meanwhile bull sentiment has moved up sharply > > > to 54.2%, close to the 55% red zone. > > > > > > The semiconductor group has been ugly for two weeks, breaking below > > > several key support levels. I sold my last semiconductor stock ELNT > > into the > > > morning strength on Monday at 81 3/4. > > > > > > We had one major distribution day yesterday, and the action in the > > leaders seems > > > > > > to be to look for an excuse to sell.. If I see more of the big > > distribution, > > > I will be > > > selling into rallies, and moving to 100% cash in a hurry. > > > > > > Presently about 50% invested. > > > > > > Walter Stock > > > Oakville, ON, Canada > > > > > > Tim Fisher wrote: > > > > > > > Guess it doesn't look that dire to me. Technically, the NAZ has > > failed the > > > > latest rally attempt but has gobs of support from 3877 all the way to > > 3767, > > > > which has held since the beginning of June. Interestingly enough, it has > > > > been as low as 3873 today, and looks to be holding around the upper > > end of > > > > that support. The past few days, the leaders (i.e. recent CANSLIM > > > > breakouts) have held up far better than the index. I dunno about your > > > > accounts, but mine has outperformed the NAZ every day for a week. > > Sure, I'm > > > > getting stopped out of those failed breakouts, but many either merely > > > > dropped back into the base or retreated to the pivot and are holding in > > > > that range. Too many stocks on my watch list to list here are still > > within > > > > a few percent of their highs. > > > > > > > > But hey, bring on that bear sentiment! Let's have a big "V" so we can > > > > return to sensibility! > > > > > > > > > > > > > - > > > > > > > > > >- > > Tim Fisher > Ore-Rock-On and Pacific Fishery Biologists WWW Sites > > Tim@OreRockOn.com > WWW: http://OreRockOn.com > See naked fish and rocks! > > > - - ------------------------------------------------------------------------------- From: "lynn williams" Subject: [CANSLIM] Re: Date: 27 Jul 2000 14:41:10 -0400 sorry for the delay in answering you Anna. You may want to check out the investors.com site that is brand new this week. It features alot of stuff, such as the highlights from the paper and graphs. I am not sure what is available to the general public right now but they are beta testing the site for all services included to those who are subscribers. Is worth a call to them though to get details. maybe you can access all the info on the site somehow now. As for featuring stocks, they do that on the front page, with their stock of the day in the upper right corner, as well as in the New America section and generally in the first few pages of the front section...then all throughout the paper they talk about different stocks in terms of the NYSE and the NASDAQ columns...Hope this answers your question :) Lynn ----- Original Message ----- Sent: Tuesday, July 25, 2000 9:13 PM > [9.99.132.205]) > by e31.bld.us.ibm.com (8.9.3/8.9.3) with ESMTP id QAA15178 > for ; Tue, 25 Jul 2000 16:26:36 -0400 > From: asosis@ca.ibm.com > Received: from d53mta05h.boulder.ibm.com (d53mta05h.boulder.ibm.com > [9.99.142.5]) > by westrelay02.boulder.ibm.com (8.8.8m3/NCO v4.92) with SMTP id > OAA101952 > for ; Tue, 25 Jul 2000 14:32:12 -0600 > Received: by d53mta05h.boulder.ibm.com(Lotus SMTP MTA v4.6.5 (863.2 > 5-20-1999)) id 87256927.0070CC4F ; Tue, 25 Jul 2000 14:32:03 -0600 > X-Lotus-FromDomain: IBMCA@IBMUS > To: canslim@lists.xmission.com > Message-ID: <87256927.0070CB36.00@d53mta05h.boulder.ibm.com> > Date: Tue, 25 Jul 2000 16:31:57 -0400 > Subject: Re:Lynn > Mime-Version: 1.0 > Content-type: text/plain; charset=us-ascii > Content-Disposition: inline > > Nope, I do not subscribe.. I do get the Friday's (or Monday's) issue, > though. I live in Toronto and IBD delivery here is terrible. Thank you > for the tip, though... I will check every issue of IBD from now on. Btw, > if someone lives in TO and also has delivery problems there is a > workaround: Metro Library.. > > Lynn, you say they feature stocks.. Do they do it in a specific place or > should I comb the entire paper? > > Anna > > jeff.salisbury@xmission.com on 07/25/2000 02:45:52 PM > > Please respond to canslim@lists.xmission.com > > To: > cc: > Subject: > > (EDT) > Message-ID: <001f01bff64d$c5f8e100$ed3efea9@y55s1> > From: "lynn williams" > To: > References: <87256927.00407215.00@d53mta05h.boulder.ibm.com> > Subject: Re: [CANSLIM] Whip, whip, whipSAW!!! > Date: Tue, 25 Jul 2000 11:34:07 -0400 > MIME-Version: 1.0 > Content-Type: text/plain; > charset="iso-8859-1" > Content-Transfer-Encoding: 7bit > X-Priority: 3 > X-MSMail-Priority: Normal > X-Mailer: Microsoft Outlook Express 5.00.2919.6600 > X-MimeOLE: Produced By Microsoft MimeOLE V5.00.2919.6600 > > Dear Frank, thanks for your posts regarding your system. As for me, I found > PWER when it was in the 50s and began watching it... it was also featured > in > IBD as was IRF... I bought PWER at 62 and again at 75.. great stock.. too > bad they misreported the earnings yesterday but seems to be recovering > nicely. > Anna, do you subscribe to IBD?? It is a wealth of info and has an uncanny > ability to feature stocks that soon after take off... > Lynn :) > ----- Original Message ----- > From: > To: > Sent: Tuesday, July 25, 2000 7:43 AM > Subject: Re: [CANSLIM] Whip, whip, whipSAW!!! > > > > > > > Thank you so much. This is great! > > > > Anna > > > > > > "Frank V. Wolynski" on 07/24/2000 11:30:49 PM > > > > Please respond to canslim@lists.xmission.com > > > > To: canslim@lists.xmission.com > > cc: > > Subject: Re: [CANSLIM] Whip, whip, whipSAW!!! > > > > > > > > > > At 08:47 AM 7/24/00 -0400, you wrote: > > > > > > > > >Thank you, Frank. > > >Frank, would you be able to give examples of your recent buys and your > buy > > >points? > > > > > >Anna > > > > > > > Certainly Anna, glad to. > > > > Remember my particular method is top down oriented in that I rely on my > > Market timing signals to put me into the market at the right time or near > > it. Buy or not to buy, in short. > > > > The first indication came from my Hi/Lo count system having peaked (to > the > > negative) on May 23th. We had been very negative and like all good (and > > bad) things they always change. Capitulation seemed to have appeared in > > some of the markets leadership, but I did not have a clear reversal in > > enough of the stocks I track, so I waited. The second signal to reverse > was > > another count signal of stocks in trends. This signal broke out to the > > upside registering a higher reading than I previously had. My lists were > > also gaining Green or positive stocks. CounterReversals were everywhere > as > > stock after stock whipsawed. > > > > On May 30st it was very evident we had reversed and were moving rapidly > up. > > I had a list of stocks in my Reversal list that were strong candidates if > I > > saw blocks and higher volume. PWER was such a candidate. It had very > little > > to move to get back to old highs. > > > > I've uploaded a chart so you can see more easily what I am next referring > > to. > > http://home1.gte.net/wolynski/index.htm > > > > The RS line was trending higher, the Avg Daily volume was on the > increase, > > OBV was trending higher. Another Relative Strength line I use is one > > against the group the stock is in ( not shown in the chart). This way I > > find the leader in the group and avoid laggards. The group was strong in > > ranking ( using my own scan of RS performance ) and having just > > successfully bounced off the 21day low price channel bar. > > > > I took a small position on 5/30 and added on 5/31 on the breakout with > > volume. The RS line was already upticking, the breakout seemed a > certainty > > when considering what I knew in regards to Market Timing. > > > > I've waited patiently for the markets to give me a sell signal and the > > first appeared on 7/14. Wanting confirmation I waited until my trend > counts > > dropped and broke out to the downside. That happened on 5/17 and I sold > the > > next day on 5/18. The reversal down had been confirmed by my > indicators, > > again using my system of counting Hi/Lo's and Trending stocks. I was a > bit > > early, but I've never caught the exact top anyway. I was happy enough. I > > have gotten alot closer on the bottoms though. :-) > > > > The trick is which stocks, again PWER was screaming with all it had. New > > Highs, new highs, new highs. Actually to be totally forthright, I was > using > > a count of Relative Strength new highs (both S&P and the Group) at the > time > > in a 21 day period also. That is what brought PWER into my sights to > begin > > with. I occasionally sort on the column in my screen that provides this > and > > review the chart patterns that stocks with high counts are putting in. I > > then look for compression against the upper 21day channel bar and go on > > high alert when it is near it and the market is near a bottom. > > > > I hope this helps. > > > > Best Regards, > > Frank Wolynski > > > > > > - > > > > > > > > > > > > - > > > > - > > - > - ------------------------------------------------------------------------------- From: Kent Norman Subject: [CANSLIM] Another day in the NAZ Date: 27 Jul 2000 17:17:04 -0500 Yes, Bob Brinker successfully called the spring drop and the June "counter trend rally". At that time he said the rally would fail some time between mid July and late August if I recall correctly. I am going to tighten my stops in the morning. Of course I guess contrairians could call our mood a bullish indicator? Kent Earl Setser wrote: > > Well, another down day today as the NAS continues to reverse almost daily. > I noticed that today's move WAS on stronger volume, so today would be > Distribution Day 1. I think this market has shown a lot of weakness over > the last couple of weeks, and I'm really losing my confidence that we are > going up from here. Based on this, I suggest we all watch carefully for > the warning signs. We are seeing numerous breakouts fail, and I think that > is a very bad sign. If we see 2 or 3 more D-Days in the next week or two, > it will be time to close up those stops and batten down the hatches!! > > - - ------------------------------------------------------------------------------- From: "Ed Wile" Subject: [CANSLIM] No Investors.com yet Date: 27 Jul 2000 19:03:39 -0700 despite trying repeatedly, and registering correctly I have yet to be able to access any of the Power Tool features on the new site. I can't get the screen of the day either. It won't let me log on. I'm frustrated! - ------------------------------------------------------------------------------- From: Earl Setser Subject: [CANSLIM] D-Day 2 Date: 27 Jul 2000 22:22:29 -0600 Well, this wasn't good. Count today as the 2nd distribution day on the NAS in as many trading days. Not good.. not good at all. I am still 66% invested, but those hard stops are getting close, and I may tighten them up on one or two stocks. - ------------------------------------------------------------------------------- From: "Tom Worley" Subject: [CANSLIM] Japan and looking ahead Date: 28 Jul 2000 06:18:18 -0400 For those that didn't notice, Japan's Nikkei hit a new 12 month low last night, and now down 25% year to date as well. In reading several articles in a Yahoo report, I caught the following of interest to us: quote: Looking ahead, Japanese investors plan to shift from domestic stocks to U.S. shares in August amid lingering doubts over the health of corporate Japan following the bankruptcy of retailer Sogo Co Ltd earlier this month, a Reuters poll showed. Reuters' monthly global asset allocation survey of 12 institutional investors found they intend to cut the weight of Japanese stock holdings to 24.34 percent from 27.82 percent, while keeping an average 51.19 percent of their portfolio in stocks, only slightly down from July's 51.56 percent. Investors plan to raise their holdings in U.S. and Canadian stocks to 41.65 percent from 38.30 percent. end quote. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html - ------------------------------------------------------------------------------- From: "Mike Lucero" Subject: [CANSLIM] Re: Date: 28 Jul 2000 03:33:52 -0700 I believe IBD told me once that if you cancel your subscription, they have to refund your money (prorated). ----- Original Message ----- Sent: Wednesday, July 26, 2000 3:48 PM <20000726140630.DRLS14966.mail.rdc4.on.home.com@cr173116-a.etob1.on.wave.hom e.com> for ; Wed, 26 Jul 2000 07:06:30 -0700 Received: from localhost (cappy@localhost) by cr173116-a.etob1.on.wave.home.com (8.9.3/8.9.3) with ESMTP id KAA83838 for ; Wed, 26 Jul 2000 10:06:30 -0400 (EDT) (envelope-from cappy@cr173116-a.etob1.on.wave.home.com) Reply-To: Dennis Jun In-Reply-To: <3.0.3.32.20000725225333.006b3a6c@pop.nycap.rr.com> Message-ID: MIME-Version: 1.0 Content-Type: TEXT/PLAIN; charset=US-ASCII The site has alot! and even more to come. Howver, as a IBD subscriber, I feel like I'm sorta getting jipped. They put most of the major articles on the site, and some important screening with the high EPS and RS companies. Although, they do miss alot of the companies that are rated low 90s in EPS and RS, so that's fine. However, if the screener becomes improved and customised later on, for instance, to screen out 90+ stocks in EPS and RS, there won't be much use for my IBD paper anymore. What do you guys think? - - ------------------------------------------------------------------------------- From: Tim Fisher Subject: Re: [CANSLIM] D-Day 2 Date: 28 Jul 2000 09:50:13 -0700 I am 30% cash in the accounts where I can sell. I have several stocks holding up very well even today, i.e. ACLNF & SHFL. Interestingly, the "flight to quality" (or is it a "flight to anything not tech"?) has completely negated MCDs dismal earnings report - it bounced smartly off the 52-wk low and is heading back up nicely (my wife has a leveraged ESOP & about 1/3 of our accounts are invested in MCD stock & options). If you're itching for a stock not tanking today, check out FII. I've been watching ti for a while and it seems fairly insensitive to M. On 09:22 PM 7/27/00, Earl Setser Said: >Well, this wasn't good. Count today as the 2nd distribution day on the NAS >in as many trading days. Not good.. not good at all. I am still 66% >invested, but those hard stops are getting close, and I may tighten them up >on one or two stocks. > >- Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - ------------------------------------------------------------------------------- From: Eric Shen Subject: Re: [CANSLIM] D-Day 2 Date: 28 Jul 2000 10:06:09 -0700 With the Nasdaq crumbling, my cash percentage is rising even without selling any stock. :( Tim Fisher wrote: > > I am 30% cash in the accounts where I can sell. I have several stocks > holding up very well even today, i.e. ACLNF & SHFL. Interestingly, the > "flight to quality" (or is it a "flight to anything not tech"?) has > completely negated MCDs dismal earnings report - it bounced smartly off the > 52-wk low and is heading back up nicely (my wife has a leveraged ESOP & > about 1/3 of our accounts are invested in MCD stock & options). If you're > itching for a stock not tanking today, check out FII. I've been watching ti > for a while and it seems fairly insensitive to M. > > On 09:22 PM 7/27/00, Earl Setser Said: > >Well, this wasn't good. Count today as the 2nd distribution day on the NAS > >in as many trading days. Not good.. not good at all. I am still 66% > >invested, but those hard stops are getting close, and I may tighten them up > >on one or two stocks. > > > >- > > Tim Fisher > Ore-Rock-On and Pacific Fishery Biologists WWW Sites > > Tim@OreRockOn.com > WWW: http://OreRockOn.com > See naked fish and rocks! > > - -- Eric Shen MS LOC3-8 Intel Corporation email: eshen@level1.com 9750 Goethe Road Tel: (916) 855 5177 x4497 Sacramento, CA 95827 - ------------------------------------------------------------------------------- From: asosis@ca.ibm.com Subject: [CANSLIM] Big easy charting Date: 28 Jul 2000 14:36:28 -0400 Hi, If you use Big Easy Investor charting application, do you know how to plot charts of groups/surrogates? Is it possible? Does anyone know a free charting package/internet address where it is possible to plot/view charts of surrogates/groups? FYI: CAUTION: for those who do use BigEasy, note that the weekly charts are WRONG! (I think :) Well, if you trace the beginning of the weeks that are plotted on the graph you can see that at the begining of every month the begining of the week shifts by one day. E.g., if in month1 the counting starts on thursday, in month two the weeks will start on friday.. This distorts the picture.. Anna - ------------------------------------------------------------------------------- From: Bruce Loving Subject: [CANSLIM] Replies of Replies of Replies Date: 28 Jul 2000 12:18:11 -0700 (PDT) Heh Folks, A wish from a Digest user. When you reply to a message could you please take a moment to erase the 2nd,3rd and 4th included replies? Would make it easier to find the new content hidden by all the echos. Thanks ===== Regards, Bruce Loving __________________________________________________ Do You Yahoo!? Kick off your party with Yahoo! Invites. http://invites.yahoo.com/ - ------------------------------------------------------------------------------- From: han.26@osu.edu Subject: [CANSLIM] Beware of the Bear, pt.2 Date: 28 Jul 2000 17:55:21 -0700 If you count from the peak around 5100, I call the current NAZ a bear. Depending on how you analyze the chart, we've already had 2 legs down. The recent activity could be the beginning of leg 3. Here's a quote from Friday's http://www.quicken.com headline [asterisks mine]: "Meanwhile, volume stood at 979 million on the NYSE and was very heavy at 1.76 billion on the Nasdaq Stock Market. Volume on the Nasdaq has been above 1.7 billion over the ***past three***trading sessions as the index declined heavily -- a negative sign for the market. Losers pounced on winners by 19 to 9 on the NYSE and by 28 to11 on the Nasdaq." -Jim proponent-of-market-risk-as-more-than-just-make-believe - ------------------------------------------------------------------------------- From: Tim Fisher Subject: Re: [CANSLIM] Beware of the Bear, pt.2 Date: 28 Jul 2000 16:21:27 -0700 It really is irrelevant if this is a correction or a bear market. HTMMIS clearly outlines the market conditions which a CANSLIM trader should be looking for, both to get in and to get out. After 3 days of distribution, most traders using the CANSLIM method would have cashed out 2/5 to 3/5 of their holdings. If you hold more than 5 stocks then you would be 40-60% in cash by now. So now we need to make a low (i.e. have a "puking on the trading floor" day) and wait for a followthrough day in order to have the way cleared to make new purchases. Personally I was very impressed at how the non-tech CANSLIM stocks held up today. I had 2 close up and another 2-3 on my watch list were up or down only a fraction. OTOH, the tech "leaders" are showing clear signs of breaking down - witness the carnage in DRAM today. On 05:55 PM 7/28/00, han.26@osu.edu Said: >If you count from the peak around 5100, I call the current NAZ a bear. >Depending on how you analyze the chart, we've already had 2 legs down. >The recent activity could be the beginning of leg 3. Here's a quote from >Friday's > >http://www.quicken.com > >headline [asterisks mine]: > >"Meanwhile, volume stood at 979 million on the NYSE and was very >heavy at 1.76 billion on the Nasdaq Stock Market. Volume on the Nasdaq >has been above 1.7 billion over the ***past three***trading sessions as >the index >declined heavily -- a negative sign for the market. Losers pounced on >winners by 19 to 9 on the NYSE and by 28 to11 on the Nasdaq." > >-Jim proponent-of-market-risk-as-more-than-just-make-believe > > >- Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - ------------------------------------------------------------------------------- From: Earl Setser Subject: Re: [CANSLIM] D-Day 2 Date: 28 Jul 2000 17:40:35 -0600 After getting kicked out of GLW this morning, I am down to 50% invested. I now own a finance stock, energy stock, and a medical stock. I did have a little correction today, but nothing like my mutual funds. I hate to even look at how much I've dropped over the last 3 days in my funds. At 09:50 AM 7/28/00 -0700, you wrote: >I am 30% cash in the accounts where I can sell. I have several stocks >holding up very well even today, i.e. ACLNF & SHFL. Interestingly, the >"flight to quality" (or is it a "flight to anything not tech"?) has >completely negated MCDs dismal earnings report - it bounced smartly off the >52-wk low and is heading back up nicely (my wife has a leveraged ESOP & >about 1/3 of our accounts are invested in MCD stock & options). If you're >itching for a stock not tanking today, check out FII. I've been watching ti >for a while and it seems fairly insensitive to M. > >On 09:22 PM 7/27/00, Earl Setser Said: >>Well, this wasn't good. Count today as the 2nd distribution day on the NAS >>in as many trading days. Not good.. not good at all. I am still 66% >>invested, but those hard stops are getting close, and I may tighten them up >>on one or two stocks. >> >>- > >Tim Fisher >Ore-Rock-On and Pacific Fishery Biologists WWW Sites > >Tim@OreRockOn.com >WWW: http://OreRockOn.com >See naked fish and rocks! > > >- > > > - ------------------------------------------------------------------------------- From: Kraus0R@cs.com Subject: Re: [CANSLIM] Bear -- DRAM Date: 28 Jul 2000 19:40:39 EDT I sold DRAM yesterday morning after seeing 3 days of distribution and another on the way. Considered myself fortunate to get out at 38. Now DRAM is below the pivot point of 25-26 and also broke the 8% sell rule if you subscribe to a lower pivot point. Also back to the matter of filling gaps. I have not heard back from WON, but I did find an article in the Investors Corner archives about urging caution trying to buy a stock that gapped past its pivot point, but nothing on the filling the gap. However, if the theory does have credibility than we have another 40 points to drop on Monday. (I was hoping we'd get it all taken care of today - but it was not to be..) - ------------------------------------------------------------------------------- From: "Tom Worley" Subject: [CANSLIM] DGO List - part one Date: 29 Jul 2000 08:47:09 -0400 While I don't expect much from this week's list as I read over the past week all the member's comments about being stopped out; distribution days; breakout failures; etc., I was pleasantly surprised to see the overall list actually grow to 179 from 171 the prior week. Before that it was 176 and 153. Keeping in mind that this list is constructed from those stocks in WON's Daily Graphs books, and contains those stocks that were within 5% of, or hit, the 12 month high during the past week, while also having both RS and EPS of 80 or better as of Friday, I suspect I will find many charts that looked good on Monday or Tuesday, and were heading south by Friday. As always, Bx is my shorthand for B=Base of "x" weeks, IMO. AMCC - another one "filling the gap" ADCT - gave up a week's gains in one day, heading for the base at 40, reentry? ACLNF - just keeps on ticking DGX - held up well, B2, low volume Thu and Fri CHBS - back into a B4 OGENF - held up well on lite vol until Fri, then gave back 4 weeks gains in one day BLK - B3 FII - LLUR RHI - B2 PAYX - B1 OCA - very long, nine week base with growing sales and earnings, what's wrong with this picture ACRT - B4 ELN - B3 NAT - b/o failed, back to a B5 EDMC - LLUR wannabe DSL - nearly a B2 PENN - B3 AES - B2+ So far, this list is about as I expected, slim pickins' I will try to complete the list later today, as well as post on "M" this weekend. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html - ------------------------------------------------------------------------------- From: "Tim Fisher" Subject: [CANSLIM] Gap filling Date: 29 Jul 2000 07:37:26 -0700 Looks like someone else think the gap needs to be filled! >http://www.ianforum.com/markets.htm > >The Nasdaq broke down through 17, 50 and 200 Day moving averages this >week. Support was at the 200 Day MA, the red line, with final MA support >at the 50 Day MA, the yellow line. On Friday, the market pierced the 50 >Day MA and entered the gap area created on June 2, 2000. More than >likely, the Nasdaq will fill the gap, then try to find support in the >3500-3550 area. If it breaks below there, I would expect a retest of the >former low of 3042 set on May 24, 2000. If it cannot hold the 3042 area >and continues down, the recent rally will have been a Bear Market Rally in >a continuing Bear Market. > >I am concerned about the complacency in traders and investors minds. The >Put/Call ratio which represents investor sentiment based upon the number >of put options volume compared to the number of call options volume is >neutral at .56. A bottom is not usually found in a market until the >Put/Call ratio approaches 1.0. > >Call options buyers are betting this is a short term sell off and the >market will turn to the upside very quickly. If you wish to follow the >Put/Call ratio daily, go to >http://www.cboe.com/tools/statistics/summeriz.asp. The Coppock Indicator >is going up, but is beginning to hesitate. > >Have a good week. > >Ron Tim Fisher, 1995 President, Pacific Fishery Biologists Ore-ROCK-On Rockhounding Web Site PFB Information mailto:tim@OreRockOn.com WWW http://OreRockOn.com - ------------------------------------------------------------------------------- From: Kent Norman Subject: [CANSLIM] empty screens Date: 29 Jul 2000 14:05:59 -0500 Talk about a tough day. I use Bigeasy for screening prospects. Normally out of 6 screens I get about 30 symbols. Today I only got ONE, and it is up on rumor (AE) . I am not recommending it by any means, just remarking about the thin results. Perhaps I should start shorting :-( Kent - ------------------------------------------------------------------------------- From: Kent Norman Subject: [CANSLIM] DGO List - Part 1 - earnings calendar Date: 29 Jul 2000 14:33:56 -0500 the left side is the technical score from barchart.com the right is the earnings announcement date from excite.com -8 AMCC 10/11/2000 64 ADCT 08/16/2000 96 ACLNF N/A 64 DGX 10/23/2000 n/a CHBS 09/13/2000 n/a OGENF N/A 88 BLK 10/18/2000 96 FII 10/18/2000 72 RHI 10/17/2000 72 PAYX 09/19/2000 80 OCA 10/26/2000 24 ACRT 10/9/2000 88 ELN 11/01/2000 8 NAT N/A 100 EDMC 07/27/2000 80 DSL 10/12/2000 48 PENN 10/24/2000 40 AES 10/26/2000 Regards Kent Tom Worley wrote: > Thought I'd try to get part 1 out there for those that want it > before I go to work. > > The overall list continues to grow, which is a bullish and > healthy sign for me. Total was 169, up from 152 last week, and > 121 and 131 the prior weeks. > > ADCT - LLUR > SDLI - B1 > TBL - B1 > NSIT - B4 > RHB - B3 > AAON - B1+ > TWP - B2 > AZZ - B1 (missed this one at 12 on a B4, aarrrrggghhhhh!!!) > XLNX - forming a too high handle to the cup, very high mkt > cap/sales ratio, earnings should be growing faster on the strong > sales growth > BBRC - B1, handle to the cup? > NOK - B1, range bound?, at upper limit of range? > SHFL - B5 (small cap) > LLTC - B1 > FII B1 > SANM - B1 > INSUA - B7 > MSS - high handle, small cap > RHI - B6 > COBR - B1 - small cap > GBCB - B6 > GLW - possible handle > CTK - B2 > DST - B1+ > LLL - B3 > LM - B1, handle to the cup? > > Tom Worley > stkguru@netside.net > chat with me at ICQ # 5568838 > get ICQ software at http://www.icq.com/icqhomepage.html > > - - ------------------------------------------------------------------------------- From: Kent Norman Subject: Re: [CANSLIM] DGO List - part one Date: 29 Jul 2000 14:45:04 -0500 Thanks Tom EDMC did not crater in the spring like so many others. Slow steady growth may be just the prescription for these volatile times. Only one distribution day in July (27th). Kent Tom Worley wrote: > While I don't expect much from this week's list as I read over > the past week all the member's comments about being stopped out; > distribution days; breakout failures; etc., I was pleasantly > surprised to see the overall list actually grow to 179 from 171 > the prior week. Before that it was 176 and 153. > > Keeping in mind that this list is constructed from those stocks > in WON's Daily Graphs books, and contains those stocks that were > within 5% of, or hit, the 12 month high during the past week, > while also having both RS and EPS of 80 or better as of Friday, I > suspect I will find many charts that looked good on Monday or > Tuesday, and were heading south by Friday. > > As always, Bx is my shorthand for B=Base of "x" weeks, IMO. > > AMCC - another one "filling the gap" > ADCT - gave up a week's gains in one day, heading for the base at > 40, reentry? > ACLNF - just keeps on ticking > DGX - held up well, B2, low volume Thu and Fri > CHBS - back into a B4 > OGENF - held up well on lite vol until Fri, then gave back 4 > weeks gains in one day > BLK - B3 > FII - LLUR > RHI - B2 > PAYX - B1 > OCA - very long, nine week base with growing sales and earnings, > what's wrong with this picture > ACRT - B4 > ELN - B3 > NAT - b/o failed, back to a B5 > EDMC - LLUR wannabe > DSL - nearly a B2 > PENN - B3 > AES - B2+ > > So far, this list is about as I expected, slim pickins' > > I will try to complete the list later today, as well as post on > "M" this weekend. > > Tom Worley > stkguru@netside.net > chat with me at ICQ # 5568838 > get ICQ software at http://www.icq.com/icqhomepage.html > > - - ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] DGO List - Part 1 - earnings calendar Date: 29 Jul 2000 15:54:05 -0400 Kent and all members, Please note that while the list that Kent has scored is from this morning, he has attached it to an old email of mine from June 10, thus his list is current, but below that should be ignored. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html ----- Original Message ----- Sent: Saturday, July 29, 2000 3:33 PM the left side is the technical score from barchart.com the right is the earnings announcement date from excite.com -8 AMCC 10/11/2000 64 ADCT 08/16/2000 96 ACLNF N/A 64 DGX 10/23/2000 n/a CHBS 09/13/2000 n/a OGENF N/A 88 BLK 10/18/2000 96 FII 10/18/2000 72 RHI 10/17/2000 72 PAYX 09/19/2000 80 OCA 10/26/2000 24 ACRT 10/9/2000 88 ELN 11/01/2000 8 NAT N/A 100 EDMC 07/27/2000 80 DSL 10/12/2000 48 PENN 10/24/2000 40 AES 10/26/2000 Regards Kent Tom Worley wrote: > Thought I'd try to get part 1 out there for those that want it > before I go to work. > > The overall list continues to grow, which is a bullish and > healthy sign for me. Total was 169, up from 152 last week, and > 121 and 131 the prior weeks. > > ADCT - LLUR > SDLI - B1 > TBL - B1 > NSIT - B4 > RHB - B3 > AAON - B1+ > TWP - B2 > AZZ - B1 (missed this one at 12 on a B4, aarrrrggghhhhh!!!) > XLNX - forming a too high handle to the cup, very high mkt > cap/sales ratio, earnings should be growing faster on the strong > sales growth > BBRC - B1, handle to the cup? > NOK - B1, range bound?, at upper limit of range? > SHFL - B5 (small cap) > LLTC - B1 > FII B1 > SANM - B1 > INSUA - B7 > MSS - high handle, small cap > RHI - B6 > COBR - B1 - small cap > GBCB - B6 > GLW - possible handle > CTK - B2 > DST - B1+ > LLL - B3 > LM - B1, handle to the cup? > > Tom Worley > stkguru@netside.net > chat with me at ICQ # 5568838 > get ICQ software at http://www.icq.com/icqhomepage.html > > - - - ------------------------------------------------------------------------------- From: Kent Norman Subject: Re: [CANSLIM] DGO List - Part 1 - earnings calendar Date: 29 Jul 2000 15:42:29 -0500 oops, sorry I will try to be more careful in the future. Kent Tom Worley wrote: > > Kent and all members, > > Please note that while the list that Kent has scored is from this > morning, he has attached it to an old email of mine from June 10, > thus his list is current, but below that should be ignored. > > Tom Worley > stkguru@netside.net > chat with me at ICQ # 5568838 > get ICQ software at http://www.icq.com/icqhomepage.html > > ----- Original Message ----- > From: Kent Norman > To: > Sent: Saturday, July 29, 2000 3:33 PM > Subject: [CANSLIM] DGO List - Part 1 - earnings calendar > > the left side is the technical score from barchart.com > the right is the earnings announcement date from excite.com > > -8 AMCC 10/11/2000 > 64 ADCT 08/16/2000 > 96 ACLNF N/A > 64 DGX 10/23/2000 > n/a CHBS 09/13/2000 > n/a OGENF N/A > 88 BLK 10/18/2000 > 96 FII 10/18/2000 > 72 RHI 10/17/2000 > 72 PAYX 09/19/2000 > 80 OCA 10/26/2000 > 24 ACRT 10/9/2000 > 88 ELN 11/01/2000 > 8 NAT N/A > 100 EDMC 07/27/2000 > 80 DSL 10/12/2000 > 48 PENN 10/24/2000 > 40 AES 10/26/2000 > > Regards > Kent > > Tom Worley wrote: > > > Thought I'd try to get part 1 out there for those that want it > > before I go to work. > > > > The overall list continues to grow, which is a bullish and > > healthy sign for me. Total was 169, up from 152 last week, and > > 121 and 131 the prior weeks. > > > > ADCT - LLUR > > SDLI - B1 > > TBL - B1 > > NSIT - B4 > > RHB - B3 > > AAON - B1+ > > TWP - B2 > > AZZ - B1 (missed this one at 12 on a B4, aarrrrggghhhhh!!!) > > XLNX - forming a too high handle to the cup, very high mkt > > cap/sales ratio, earnings should be growing faster on the > strong > > sales growth > > BBRC - B1, handle to the cup? > > NOK - B1, range bound?, at upper limit of range? > > SHFL - B5 (small cap) > > LLTC - B1 > > FII B1 > > SANM - B1 > > INSUA - B7 > > MSS - high handle, small cap > > RHI - B6 > > COBR - B1 - small cap > > GBCB - B6 > > GLW - possible handle > > CTK - B2 > > DST - B1+ > > LLL - B3 > > LM - B1, handle to the cup? > > > > Tom Worley > > stkguru@netside.net > > chat with me at ICQ # 5568838 > > get ICQ software at http://www.icq.com/icqhomepage.html > > > > - > > - > > - - ------------------------------------------------------------------------------- From: Robert Subject: [CANSLIM] Acc/Dis numbers Date: 29 Jul 2000 17:16:45 -0400 Here are the latest Acc/Dis numbers. Sorry about the delay, I had to go out of town for some training. Date A B C D E a+b/A:E E/A:E 7/3/00 1071 2788 1344 944 360 59% 6% 7/5/00 1030 2763 1371 990 360 58% 6% 7/6/00 1051 2765 1388 969 359 58% 5% 7/7/00 1010 2773 1378 977 378 58% 6% 7/10/00 1030 2803 1371 951 359 59% 6% 7/11/00 1072 2830 1331 925 339 60% 5% 7/12/00 1072 2830 1331 925 339 60% 5% 7/13/00 1109 2861 1300 906 330 61% 5% 7/14/00 1119 2880 1309 878 327 61% 5% 7/17/00 1159 2928 1296 838 307 63% 5% 7/18/00 1168 2933 1290 852 289 63% 4% 7/19/00 1213 3000 1252 799 282 64% 4% 7/20/00 1195 2975 1251 848 276 64% 4% 7/21/00 1134 2978 1258 874 288 63% 4% 7/24/00 1175 2978 1280 830 275 64% 4% 7/25/00 1147 2909 1301 879 288 62% 4% 7/26/00 1096 2862 1326 919 307 61% 5% 7/27/00 1093 2869 1266 957 311 61% 5% 7/28/00 1107 2761 1349 928 332 60% 5% 7/31/00 1048 2756 1328 977 346 59% 5% Spreadsheet version: Date,A,B,C,D,E,a+b/A:E,E/A:E 7/3/00,1071,2788,1344,944,360,59%,6% 7/5/00,1030,2763,1371,990,360,58%,6% 7/6/00,1051,2765,1388,969,359,58%,5% 7/7/00,1010,2773,1378,977,378,58%,6% 7/10/00,1030,2803,1371,951,359,59%,6% 7/11/00,1072,2830,1331,925,339,60%,5% 7/12/00,1072,2830,1331,925,339,60%,5% 7/13/00,1109,2861,1300,906,330,61%,5% 7/14/00,1119,2880,1309,878,327,61%,5% 7/17/00,1159,2928,1296,838,307,63%,5% 7/18/00,1168,2933,1290,852,289,63%,4% 7/19/00,1213,3000,1252,799,282,64%,4% 7/20/00,1195,2975,1251,848,276,64%,4% 7/21/00,1134,2978,1258,874,288,63%,4% 7/24/00,1175,2978,1280,830,275,64%,4% 7/25/00,1147,2909,1301,879,288,62%,4% 7/26/00,1096,2862,1326,919,307,61%,5% 7/27/00,1093,2869,1266,957,311,61%,5% 7/28/00,1107,2761,1349,928,332,60%,5% 7/31/00,1048,2756,1328,977,346,59%,5% Robert __________________________________________________ Do You Yahoo!? Talk to your friends online with Yahoo! Messenger. http://im.yahoo.com - ------------------------------------------------------------------------------- From: "Tom Worley" Subject: [CANSLIM] DGO List - Part Two Date: 29 Jul 2000 17:19:37 -0400 ASIS - B2 UVN - interesting B1 on light vol FCN - b/o failed mid-week, held the B2, low priced small cap CAKE - sloppy B2+, up a little on Fri on lite vol, holding over the 50 dma TEVA - too late to buy, impressive 15% gain last week, on last week's list as a B6 but vol failed to confirm what is a stealth b/o SKYW - holding a sloppy B2+ UCBH - thinly traded B8, sloppy AAS - broke out on Friday on volume, closed at the pivot, high risk as it gapped up to the pivot AC - B5 now right on the 50 DMA SYK - B4+ trading range EWBC - B2+ BDY - B4+ SPW - base on base, B2+ SRDX - B3 MGG - continues its excessively long base APOL - Thu's b/o failed Fri, back to B3 HDI - B1+, thunder on the road PIR - handle too high, othewise might have been a good c&h LLY - B4+, hasn't filled the gap! ALZA - B3 trading range NMGB, NMGA - B3 EV - B1+ BKI - B3+ NTRS - B2+ (lot of banks and fin. institutions showing up) BCP - B2 ALB - handle a touch too high, but possible c&h FRED - tough call on this, B2, or extremely volatile B7?? GNWR - classic c&h, vol drying up, consistent sales and earnings growth sequentially and y2y, too bad (except for me) that it is a small cap, great earnings forecast, trailing PE of 6! ADCO - 2nd b/o failed, back to B5 CDX - B4+ MFC - B3 IAAI - B6 PBG - B4 LLL - B4 after a funnel, one of the few techs to make the list NNS - B3+ ACV - B5 For someone look for tech stocks, this list was not the place. Lots of banks and financial institutions; comsumer products; and other "old economy", but not techs. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html - ------------------------------------------------------------------------------- From: Kent Norman Subject: Re: [CANSLIM] DGO List - Part Two Date: 29 Jul 2000 17:05:02 -0500 ok, lets try it again this time with the current list from Tom. Sorry again for the mix-up. the left side is the technical score from barchart.com the right is the earnings announcement date from excite.com 88 ASIS 8/3 96 UVN 10/17 72 FCN 10/25 56 CAKE 10/20 100 TEVA 7/28 80 SKYW 10/24 96 UCBH 10/13 96 AAS 11/2 40 AC 11/2 40 SYK 10/17 48 EWBC 10/12 56 BDY 10/19 64 SPW 10/24 88 SRDX 10/26 88 MGG 10/12 88 APOL 6/20 ??? 72 HDI 10/11 40 PIR 9/12 88 LLY 10/19 n/a ALZA n/a n/a NMGB NMGA n/a 64 EV 8/15 32 BKI 8/14 48 NTRS 10/16 64 BCP n/a 96 ALB 10/13 56 FRED 8/15 40 GNWR 8/7 n/a ADCO n/a 96 CDX 8/1 56 MFC 8/15 hold IAAI 10/25 80 PBG 11/1 64 LLL 10/17 100 NNS 10/13 24 ACV 10/25 Kent ------ Tom Worley wrote: > > ASIS - B2 > UVN - interesting B1 on light vol > FCN - b/o failed mid-week, held the B2, low priced small cap > CAKE - sloppy B2+, up a little on Fri on lite vol, holding over > the 50 dma > TEVA - too late to buy, impressive 15% gain last week, on last > week's list as a B6 but vol failed to confirm what is a stealth > b/o > SKYW - holding a sloppy B2+ > UCBH - thinly traded B8, sloppy > AAS - broke out on Friday on volume, closed at the pivot, high > risk as it gapped up to the pivot > AC - B5 now right on the 50 DMA > SYK - B4+ trading range > EWBC - B2+ > BDY - B4+ > SPW - base on base, B2+ > SRDX - B3 > MGG - continues its excessively long base > APOL - Thu's b/o failed Fri, back to B3 > HDI - B1+, thunder on the road > PIR - handle too high, othewise might have been a good c&h > LLY - B4+, hasn't filled the gap! > ALZA - B3 trading range > NMGB, NMGA - B3 > EV - B1+ > BKI - B3+ > NTRS - B2+ (lot of banks and fin. institutions showing up) > BCP - B2 > ALB - handle a touch too high, but possible c&h > FRED - tough call on this, B2, or extremely volatile B7?? > GNWR - classic c&h, vol drying up, consistent sales and earnings > growth sequentially and y2y, too bad (except for me) that it is a > small cap, great earnings forecast, trailing PE of 6! > ADCO - 2nd b/o failed, back to B5 > CDX - B4+ > MFC - B3 > IAAI - B6 > PBG - B4 > LLL - B4 after a funnel, one of the few techs to make the list > NNS - B3+ > ACV - B5 > > For someone look for tech stocks, this list was not the place. > Lots of banks and financial institutions; comsumer products; and > other "old economy", but not techs. > > Tom Worley > stkguru@netside.net > chat with me at ICQ # 5568838 > get ICQ software at http://www.icq.com/icqhomepage.html > > - - ------------------------------------------------------------------------------- From: "Tom Worley" Subject: [CANSLIM] Fw: ALZA ??? Date: 30 Jul 2000 05:23:22 -0400 Sorry, my error, the name is Alza, symbol is AZA Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html ----- Original Message ----- Sent: Saturday, July 29, 2000 6:27 PM Tom Yahoo, Excite and Barchart fail to have ALZA, Is it perhaps a typo? Thanks Ketn Norman -------- Original Message -------- Reply-To: canslim@lists.xmission.com ASIS - B2 UVN - interesting B1 on light vol FCN - b/o failed mid-week, held the B2, low priced small cap CAKE - sloppy B2+, up a little on Fri on lite vol, holding over the 50 dma TEVA - too late to buy, impressive 15% gain last week, on last week's list as a B6 but vol failed to confirm what is a stealth b/o SKYW - holding a sloppy B2+ UCBH - thinly traded B8, sloppy AAS - broke out on Friday on volume, closed at the pivot, high risk as it gapped up to the pivot AC - B5 now right on the 50 DMA SYK - B4+ trading range EWBC - B2+ BDY - B4+ SPW - base on base, B2+ SRDX - B3 MGG - continues its excessively long base APOL - Thu's b/o failed Fri, back to B3 HDI - B1+, thunder on the road PIR - handle too high, othewise might have been a good c&h LLY - B4+, hasn't filled the gap! ALZA - B3 trading range NMGB, NMGA - B3 EV - B1+ BKI - B3+ NTRS - B2+ (lot of banks and fin. institutions showing up) BCP - B2 ALB - handle a touch too high, but possible c&h FRED - tough call on this, B2, or extremely volatile B7?? GNWR - classic c&h, vol drying up, consistent sales and earnings growth sequentially and y2y, too bad (except for me) that it is a small cap, great earnings forecast, trailing PE of 6! ADCO - 2nd b/o failed, back to B5 CDX - B4+ MFC - B3 IAAI - B6 PBG - B4 LLL - B4 after a funnel, one of the few techs to make the list NNS - B3+ ACV - B5 For someone look for tech stocks, this list was not the place. Lots of banks and financial institutions; comsumer products; and other "old economy", but not techs. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html - - ------------------------------------------------------------------------------- From: Talib Hirji Subject: Re: [CANSLIM] empty screens Date: 29 Jul 2000 15:34:57 -0700 Kent, Would you care to share, which 6 screen you use for your prospects and how has the success being with that use ? Thanks, Talib At 02:05 PM 7/29/00 -0500, you wrote: >Talk about a tough day. I use Bigeasy for screening prospects. Normally >out of 6 screens I get about 30 symbols. Today I only got ONE, and it is >up on rumor (AE) . > >I am not recommending it by any means, just remarking about the thin >results. > >Perhaps I should start shorting :-( > > >Kent > > > > >- - ------------------------------------------------------------------------------- From: han.26@osu.edu Subject: [CANSLIM] Cash is king; shorting risky Date: 30 Jul 2000 12:12:26 -0700 Shorting seems even more dangerous than going long in this volatility. The NAZ has the potential to fake out anyone regardless of its overall trend and regardless of which direction you're betting on [long or short]. Meanwhile, money market funds are over 6%, and Ginnie Maes are even higher, both of which are beating all the major indices at ***extremely low risk.*** Jim keeping-dry-powder - ------------------------------------------------------------------------------- From: Kent Norman Subject: Re: [CANSLIM] empty screens Date: 30 Jul 2000 12:00:09 -0500 I would not mind sharing at all, but they don't have enough of a track record to be worth mentioning. I just started them about a month ago. If I get them to show consistent performance, I will be glad to post them. Regards Kent Talib Hirji wrote: > Kent, > > Would you care to share, which 6 screen you use for your prospects and how > has the success being with that use ? > > Thanks, > > Talib > > At 02:05 PM 7/29/00 -0500, you wrote: > >Talk about a tough day. I use Bigeasy for screening prospects. Normally > >out of 6 screens I get about 30 symbols. Today I only got ONE, and it is > >up on rumor (AE) . > > > >I am not recommending it by any means, just remarking about the thin > >results. > > > >Perhaps I should start shorting :-( > > > > > >Kent > > > > > > > > > >- > > - - ------------------------------------------------------------------------------- From: Kent Norman Subject: Re: [CANSLIM] Cash is king; shorting risky Date: 30 Jul 2000 12:04:42 -0500 I agree, I was just playing. Kent han.26@osu.edu wrote: > Shorting seems even more dangerous than going long in this volatility. The NAZ has the potential to fake > out anyone regardless of its overall trend and regardless of which direction you're betting on [long or > short]. Meanwhile, money market funds are over 6%, and Ginnie Maes are even higher, both of which are > beating all the major indices at ***extremely low risk.*** > > Jim keeping-dry-powder > > - - ------------------------------------------------------------------------------- From: Rakesh Sanghvi Subject: RE: [CANSLIM] Cash is king; shorting risky Date: 30 Jul 2000 13:37:20 -0400 IBD doesnt seem to have a clue as to the overall direction of the market - on one hand it is publishing front page bullish articles on the chip industry, on the other hand the market seems to have a course of its own to follow. Seems like for one reason or another the market wants to go down. Sometimes its earnings warnings and sometimes its the exploding GDP. I for one am confounded. Had seen slowing momentum in a lot of leaders prior to the distribution - should've paid more attention to it. Cash is definitely king right now. The summer churn is on.... Rakesh -----Original Message----- Sent: 7/30/00 1:04 PM I agree, I was just playing. Kent han.26@osu.edu wrote: > Shorting seems even more dangerous than going long in this volatility. The NAZ has the potential to fake > out anyone regardless of its overall trend and regardless of which direction you're betting on [long or > short]. Meanwhile, money market funds are over 6%, and Ginnie Maes are even higher, both of which are > beating all the major indices at ***extremely low risk.*** > > Jim keeping-dry-powder > > - - - ------------------------------------------------------------------------------- From: "Tom Worley" Subject: [CANSLIM] On "M", economics and the Feds Date: 30 Jul 2000 14:38:00 -0400 In a preliminary review I did early Friday morning of the index charts, I was beginning to believe we had reached the end of this correction. I did not anticipate the strong GDP report released Friday, nor the sharp reaction to it (pick it apart and it's not as bad as it sounds). Coming on top of a strong weekly labor report makes this Friday's monthly labor report all that more important. Friday's selloff left all major indexes not only trading below nearby support, but under (some like Naz well under) their 50 dma. I cannot even find comfort in volume, as that has been at least average for summer trading. In Naz's case, the past three days, all down, were on well over average volume. The bright spot, for me, is that there is still insufficient evidence of inflation for the Feds to raise rates at the August meeting, IMO. Consumer confidence rose, but spending continued to fall (2.3% in June; 3.0% in 2nd qtr and 7.6% in 1st qtr). The last hike of half a point is now being felt, altho there does not yet seem to be much evidence of it in new or existing home sales, or construction starts. June durable goods orders, without transportation goods, was only up 0.8%. And this is a volatile component. Business investment, which usually leads to greater productivity, was a major component of the strong GDP report, as was inventory building. If consumer spending continues at a low level, it will also slow inventory building. And there is a real possibility that the revision to the GDP will lower it next month, as was the case with the final revision to the 1st qtr (which rarely changes at all). I also find some solace that both the Transportation index and the Financial index both remain tame and near the highs. Both DOW 30 and S&P500 are approaching a 10% decline from recent highs, however the NYSE Composite is only about 4% off an all time high. In mid-July it traded within only several points of setting a new high. This suggests to me more breadth to the market (at least on NYSE) than we have seen in several years. Finally there is the extreme oversold condition on Nasdaq, and the bearish sentiment (and number of members already partially or fully in cash) of this group. Put it all together, and I remain bearish on the short term but still confident we will finish yet with a good year. But it will be hard to make consistent progress until market sentiment gets past it's panic fear of further (and continuing) Fed rate hikes. If Mr. G does not hike in August, I would expect he will be done until after the elections (which also puts pressure on him to hike in August if he has any doubts at all about inflation or the growth rate, so a pass would be doubly significant). I failed to exit in time due lack of time to pay attention, one reason I took this weekend before I again go into long work weeks to take a look at the market. So come what may, I remain fully invested (yeah, I know, stupid). I do not expect time to do more than take superficial peeks at the market until I finally take some vacation in Sept, but will try to keep up the weekly DGO List. Good luck to all, and try to keep the powder (your investing capital) very dry! Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html - ------------------------------------------------------------------------------- From: "Mark green" Subject: [CANSLIM] Stop Loss Date: 30 Jul 2000 16:59:19 -0500 Could someone help me with the mechanics of placing a trade using the CANSLIM method? I am new to the method and am trying to learn the basics. I am opening an account with Ameritrade and am wanting to know how to use protective stops based on the 7-8% sell rule advocated by WON. These are my questions.... 1. Is it better to use a stop order or a stop limit order when trying to establish your stop price ? What is the advantages and disadvantages of each? 2. When you are trying to use a trailing stop to protect some of your profits how do you go about entering a stop order as the price of the stock begins increasing? Thank you in advance. Mark Green Houston, Texas GreenDDS@PeoplePC.com - ------------------------------------------------------------------------------- From: Kent Norman Subject: [CANSLIM] Bob Brinker draws the line Date: 30 Jul 2000 18:09:13 -0500 Not CANSLIM, but an indicator of sentiment, Saturday's show he gave the sell QQQ signal if it falls to 84. He says the Naz will not see the bottom till after the end of year. He has not suggested being in individual stocks, but indexes and funds. He correctly called the market so far this year. transcript is at http://www.bobbrinker.com/summaries/07292000.asp audio is at http://www.broadcast.com/radio/archives/kxl/brinker/ " The top item of this weekend's program is an update for traders that put on the QQQ trade in late May, when the QQQ shares were traded between 74 and 80. Preservation of capital is paramount when trading in a bear market--losses are not an acceptable outcome in a bear market rally trade if they can be avoided, Bob says. In order to guarantee a profitable outcome for those that are in the trade, Bob advises them to take profits if the QQQ shares dip to the $84 per share level. If prices do indeed reach that level, the status of the trade will change from "hold" to "sell at the market," which will lock in the profit from mid to late May. A "stop market sell" order at $84 on QQQ would do nothing unless QQQ trades at the $84 price. At that point it becomes a market order to sell at the best available bid which could be slightly below $84 but would guarantee the order would be executed at that time. (Under no circumstances should a "stop limit" be used because this type of order does not guarantee a transaction. The only type of order to use is "stop market sell" with a trigger price of $84 thereby converting the order to market order status if QQQ trades at $84.) " - ------------------------------------------------------------------------------- From: Earl Setser Subject: Re: [CANSLIM] Stop Loss Date: 30 Jul 2000 17:06:49 -0600 At 04:59 PM 7/30/00 -0500, you wrote: >Could someone help me with the mechanics of placing a trade using the >CANSLIM method? I am new to the method and am trying to learn the basics. I >am opening an account with Ameritrade and am wanting to know how to use >protective stops based on the 7-8% sell rule advocated by WON. These are my >questions.... > >1. Is it better to use a stop order or a stop limit order when trying to >establish your stop price ? What is the advantages and disadvantages of >each? The advantage of the stop limit is you are guaranteeing yourself a price. In this case, the order turns to a limit order after the stock trades at or below the stop price. The problem is if the stock gaps down, you could be left holding the proverbial bag. Do you want to hold a stock with a big gap down? I don't think this is wise for CANSLIM stocks. I use regular stops, and in the case of the gap down, I am out at the next price. We all know the market tends to over-react. However, I've seen several of my weaker stocks go down 75% or more, so I prefer to get out immediately and not look back. >2. When you are trying to use a trailing stop to protect some of your >profits >how do you go about entering a stop order as the price of the stock begins >increasing? I use closing prices as my basis for the trailing stops. This way, I can review the closing price each day and enter a new order if the price is higher that previous. You could also use all-time highs, and only update daily, or maybe hourly. If the case of all-time highs, you would want to establish some normal technique I would think. Note that I'm not sure hard stops, and trailing stops are optimum, but it's the best I've found considering I work for a living and can't watch the market consistently during the day. > >Thank you in advance. > >Mark Green >Houston, Texas >GreenDDS@PeoplePC.com > > > >- > > > - ------------------------------------------------------------------------------- From: asosis@ca.ibm.com Subject: Re: [CANSLIM] empty screens Date: 31 Jul 2000 08:11:12 -0400 Kent, what kind of screens do you run with BigEasy? Anna Kent Norman on 07/29/2000 03:05:59 PM Please respond to canslim@lists.xmission.com cc: Talk about a tough day. I use Bigeasy for screening prospects. Normally out of 6 screens I get about 30 symbols. Today I only got ONE, and it is up on rumor (AE) . I am not recommending it by any means, just remarking about the thin results. Perhaps I should start shorting :-( Kent - - ------------------------------------------------------------------------------- From: gino mendoza Subject: [CANSLIM] ADCT Date: 31 Jul 2000 07:53:44 -0700 (PDT) Hello everyone. Any ideas on ADCT? Last week it looked strong and had very good fundamentals? Profit taking by some who lost on other stock late last week maybe? __________________________________________________ Do You Yahoo!? Kick off your party with Yahoo! Invites. http://invites.yahoo.com/ - ------------------------------------------------------------------------------- From: Tim Fisher Subject: [CANSLIM] HGS Watch List Date: 31 Jul 2000 08:05:44 -0700 Predictably, my HGS watch list shrunk considerably last week: ADCT AGE AZA BEIQ DGX DIAN DV ELN EMC FII LEH MNMD MWD NE PHSY PLT SFA SHFL SRDX UNH Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - ------------------------------------------------------------------------------- From: Tim Fisher Subject: Re: [CANSLIM] ADCT Date: 31 Jul 2000 08:10:30 -0700 The short answer - "M" On 07:53 AM 7/31/00, gino mendoza Said: >Hello everyone. > >Any ideas on ADCT? Last week it looked strong and had >very good fundamentals? > >Profit taking by some who lost on other stock late >last week maybe? Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - ------------------------------------------------------------------------------- From: Dan Forant Subject: [CANSLIM] GNWR Date: 31 Jul 2000 15:53:14 -0400 Is it acceptable for a handle to form slightly above the previous high? Dan - ------------------------------------------------------------------------------- From: Kent Norman Subject: [CANSLIM] Small investors pulling out of tech funds Date: 31 Jul 2000 16:41:22 -0500 Per MSNBC: They say the TrimTabs report for July shows investor money inflow to tech funds was zero. If I understood them correctly, They imply the small investors are responsible for the NAZ troubles. What do you folks think? Kent - ------------------------------------------------------------------------------- From: "Glenn Gerding" Subject: [CANSLIM] Introduction, watchlist, and a question. Date: 31 Jul 2000 21:48:23 -0400 I'm new to the group, though I've been trying to CANSLIM for a couple of years. I've had modest success, but have recently tried to begin strictly following WON's theories. I'm originally from North Carolina, but currently work in Washington DC. Every weekend I use IBD to try to sort through the stocks with the best numbers. Then I check their graphs for C&H, then look at earnings. I've found IBD's website very handy for checking graphs and earnings. Here's my watchlist for the week (disclaimer, I don't own any of them). ACRT ACTU ADVS BFAM CACS HOTT NOVN They all have EPS and RS of >80 (except NOVN 77 EPS), and they all have As and Bs in the other three catagories. They all have fairly decent C&H, and all have double and some triple earnings and sales growth. The only thing I see missing is the M. Any comments/critiques would be appreciated, as I'm still trying to learn to follow the CANSLIM rules. Also, I have trouble figuring out pivot points. One question I have is whether the pivot point is supposed to be the high of the handle, or the high of the cup's right side? Thanks in advance. Glenn. - ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] Small investors pulling out of tech funds Date: 31 Jul 2000 22:43:18 -0400 I find "small investors" tend to be far more long term, patient and less prone to panic than mutual fund and pension fund managers; and stock brokers. Small investors, even if they sold every tech mutual fund they owned, could not have created the volume we saw. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html ----- Original Message ----- Sent: Monday, July 31, 2000 5:41 PM Per MSNBC: They say the TrimTabs report for July shows investor money inflow to tech funds was zero. If I understood them correctly, They imply the small investors are responsible for the NAZ troubles. What do you folks think? Kent - - ------------------------------------------------------------------------------- From: Earl Setser Subject: Re: [CANSLIM] Introduction, watchlist, and a question. Date: 31 Jul 2000 21:14:35 -0600 For a cup with handle pattern, the pivot point would be 1/8 of a point above the high of the handle. In last fall/winter's bull market, many of us bought cups with no handles. In this case, you set the pivot to 1/8 of a point above either the all time high or all time high close. At 09:48 PM 7/31/00 -0400, you wrote: >I'm new to the group, though I've been trying to CANSLIM for a couple of >years. I've had modest success, but have recently tried to begin strictly >following WON's theories. I'm originally from North Carolina, but currently >work in Washington DC. > >Every weekend I use IBD to try to sort through the stocks with the best >numbers. Then I check their graphs for C&H, then look at earnings. I've >found IBD's website very handy for checking graphs and earnings. > >Here's my watchlist for the week (disclaimer, I don't own any of them). > >ACRT >ACTU >ADVS >BFAM >CACS >HOTT >NOVN > >They all have EPS and RS of >80 (except NOVN 77 EPS), and they all have As >and Bs in the other three catagories. They all have fairly decent C&H, and >all have double and some triple earnings and sales growth. The only thing I >see missing is the M. > >Any comments/critiques would be appreciated, as I'm still trying to learn to >follow the CANSLIM rules. > >Also, I have trouble figuring out pivot points. One question I have is >whether the pivot point is supposed to be the high of the handle, or the >high of the cup's right side? > >Thanks in advance. > >Glenn. > > > > >- > > > - ------------------------------------------------------------------------------- From: "Patrick Wahl" Subject: Re: [CANSLIM] Small investors pulling out of tech funds Date: 31 Jul 2000 21:17:53 -0600 I can't help but think that if Johan were here, he would say - it really doesn't matter why the market tanked, it is only important to see what it is doing now. It really doesn't help to get caught up in this sort of speculation. I did notice that at the tradingmarkets site, someone wrote that usually prior to the market tanking like it did last week, there will be a few distribution days, warnings I guess, but there were none leading up to last week. On 31 Jul 00, at 16:41, Kent Norman wrote: > Per MSNBC: > > They say the TrimTabs report for July shows investor money inflow to > tech funds was zero. > If I understood them correctly, They imply the small investors are > responsible for the NAZ troubles. > > What do you folks think? > > Kent > > - > - ------------------------------------------------------------------------------- From: Kent Norman Subject: Re: [CANSLIM] Small investors pulling out of tech funds Date: 31 Jul 2000 22:41:34 -0500 That was my feeling, but do you think the fund managers have to respond to the ebb and flow of small investor money. Another point: even if the net flow was zero, what happened to all the cash from the sales? Looks like it will have to find it's way back into the market soon or the interest will become a factor. Kent Tom Worley wrote: > > I find "small investors" tend to be far more long term, patient > and less prone to panic than mutual fund and pension fund > managers; and stock brokers. Small investors, even if they sold > every tech mutual fund they owned, could not have created the > volume we saw. > > Tom Worley > stkguru@netside.net > chat with me at ICQ # 5568838 > get ICQ software at http://www.icq.com/icqhomepage.html > > ----- Original Message ----- > From: Kent Norman > To: CANSLIM > Sent: Monday, July 31, 2000 5:41 PM > Subject: [CANSLIM] Small investors pulling out of tech funds > > Per MSNBC: > > They say the TrimTabs report for July shows investor money inflow > to > tech funds was zero. > If I understood them correctly, They imply the small investors > are > responsible for the NAZ troubles. > > What do you folks think? > > Kent > > - > > - - ------------------------------------------------------------------------------- From: Bill Weliky Subject: Re: [CANSLIM] Small investors pulling out of tech funds Date: 31 Jul 2000 20:45:22 -0700 How does the interest become a factor? Isn't it cash sitting at the brokerage collecting interest? Thanks Bill ----- Original Message ----- Sent: Monday, July 31, 2000 8:41 PM > That was my feeling, but do you think the fund managers have to respond > to the ebb and flow of small investor money. > > Another point: even if the net flow was zero, what happened to all the > cash from the sales? Looks like it will have to find it's way back into > the market soon or the interest will become a factor. > > Kent > > Tom Worley wrote: > > > > I find "small investors" tend to be far more long term, patient > > and less prone to panic than mutual fund and pension fund > > managers; and stock brokers. Small investors, even if they sold > > every tech mutual fund they owned, could not have created the > > volume we saw. > > > > Tom Worley > > stkguru@netside.net > > chat with me at ICQ # 5568838 > > get ICQ software at http://www.icq.com/icqhomepage.html > > > > ----- Original Message ----- > > From: Kent Norman > > To: CANSLIM > > Sent: Monday, July 31, 2000 5:41 PM > > Subject: [CANSLIM] Small investors pulling out of tech funds > > > > Per MSNBC: > > > > They say the TrimTabs report for July shows investor money inflow > > to > > tech funds was zero. > > If I understood them correctly, They imply the small investors > > are > > responsible for the NAZ troubles. > > > > What do you folks think? > > > > Kent > > > > - > > > > - > > - - ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] Small investors pulling out of tech funds Date: 31 Jul 2000 23:53:03 -0400 If a fund mgr sees net selling that will exceed his cash reserves (which may be 5% to 15% or higher, except at the end of a qtr), then he must choose what to sell in the portfolio. Techs have been weak, logical choice to dump. But which ones to dump? Since a fund mgr is most concerned about his performance rating, I find too often there is a tendency to sell the winners for a net gain, rather than the dogs and admit a mistake. That hurts the leadership. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html ----- Original Message ----- Sent: Monday, July 31, 2000 11:41 PM That was my feeling, but do you think the fund managers have to respond to the ebb and flow of small investor money. Another point: even if the net flow was zero, what happened to all the cash from the sales? Looks like it will have to find it's way back into the market soon or the interest will become a factor. Kent Tom Worley wrote: > > I find "small investors" tend to be far more long term, patient > and less prone to panic than mutual fund and pension fund > managers; and stock brokers. Small investors, even if they sold > every tech mutual fund they owned, could not have created the > volume we saw. > > Tom Worley > stkguru@netside.net > chat with me at ICQ # 5568838 > get ICQ software at http://www.icq.com/icqhomepage.html > > ----- Original Message ----- > From: Kent Norman > To: CANSLIM > Sent: Monday, July 31, 2000 5:41 PM > Subject: [CANSLIM] Small investors pulling out of tech funds > > Per MSNBC: > > They say the TrimTabs report for July shows investor money inflow > to > tech funds was zero. > If I understood them correctly, They imply the small investors > are > responsible for the NAZ troubles. > > What do you folks think? > > Kent > > - > > - - - ------------------------------------------------------------------------------- From: Kent Norman Subject: Re: [CANSLIM] Small investors pulling out of tech funds Date: 31 Jul 2000 22:58:49 -0500 My apologies Bill Weliky wrote: > > How does the interest become a factor? Isn't it cash sitting at the > brokerage collecting interest? > > Thanks > > Bill > > ----- Original Message ----- > From: "Kent Norman" > To: > Sent: Monday, July 31, 2000 8:41 PM > Subject: Re: [CANSLIM] Small investors pulling out of tech funds > > > That was my feeling, but do you think the fund managers have to respond > > to the ebb and flow of small investor money. > > > > Another point: even if the net flow was zero, what happened to all the > > cash from the sales? Looks like it will have to find it's way back into > > the market soon or the interest will become a factor. > > > > Kent > > > > Tom Worley wrote: > > > > > > I find "small investors" tend to be far more long term, patient > > > and less prone to panic than mutual fund and pension fund > > > managers; and stock brokers. Small investors, even if they sold > > > every tech mutual fund they owned, could not have created the > > > volume we saw. > > > > > > Tom Worley > > > stkguru@netside.net > > > chat with me at ICQ # 5568838 > > > get ICQ software at http://www.icq.com/icqhomepage.html > > > > > > ----- Original Message ----- > > > From: Kent Norman > > > To: CANSLIM > > > Sent: Monday, July 31, 2000 5:41 PM > > > Subject: [CANSLIM] Small investors pulling out of tech funds > > > > > > Per MSNBC: > > > > > > They say the TrimTabs report for July shows investor money inflow > > > to > > > tech funds was zero. > > > If I understood them correctly, They imply the small investors > > > are > > > responsible for the NAZ troubles. > > > > > > What do you folks think? > > > > > > Kent > > > > > > - > > > > > > - > > > > - > > - -