From: canslim-owner@xmission.com To: canslim-digest@xmission.com Subject: canslim Digest V1 #37 Reply-To: canslim@xmission.com Errors-To: canslim-owner@xmission.com Precedence: canslim Digest Saturday, 11 January 1997 Volume 01 : Number 037 In this issue: Re: [CANSLIM] "M", INLQ, RUDY Re: [CANSLIM] Fw: Tomorrow's IBD NASDAQ Volume List Re: [CANSLIM] Tom, Don't give up on us Re: [CANSLIM] Methodology and Stocks Re: [CANSLIM] "M", overkill Re: [CANSLIM] Tom, Don't give up on us [CANSLIM] Re: Jim Rogers Re: [CANSLIM] "M", INLQ, RUDY [CANSLIM] Taking Profits [CANSLIM] 1/10/97 market commentary Re: [CANSLIM] Taking Profits Re: [CANSLIM] Taking Profits Re: [CANSLIM] Taking Profits See the end of the digest for information on subscribing to the canslim or canslim-digest mailing lists and on how to retrieve back issues. ---------------------------------------------------------------------- From: "Dean Edwards" Date: Sat, 11 Jan 1997 01:32:37 +1300 Subject: Re: [CANSLIM] "M", INLQ, RUDY First of all let me say Tom that I enjoy your market comments. The numbers and all the technical stuff and your insight about the market are excellent. This is the truth, I haven't seen anything better on the internet regarding your market summary. If someone knows of a website with the indepth analysis that matches what Tom is producing then someone please come forward and direct me to the website. I take my hat off to you Tom, because I believe that you put a great deal of time and thought in writing such a market summary. If I hadn't learnt anything useful, then I am sure that most people like myself, would have unsubcribed to this CANSLIM forum a long time ago. I find it a bit overwhelming (most people in the group would say overpowering) to challenge your viewpoint. OK Tom, I accept the gauntlet and challenge your market summary with some of my ideals. You were very bullish about the market and I was in agreement. But I am now starting to get apprehensive. Here is my observations about the market. The top 100 stocks in dollar value for volume turnover have been lead by technology which you have already mentioned in your earlier market summaries. Please notice Professor, the student hasn't fallen asleep in class :). I have been following some of these market leaders. And they are not performing. The have fallen from their highs. The bell-weather stocks that make up the leading indexes are still making record highs. The market leadership within these groups has lost steam or changed. But they still make up the top 100 in volume e.g Cascade, Fore Systems, Micron Technology etc are down. Then I came across a web-site which indicated the margin level in 1996 (for the entire stock market) had surpassed the previous high set in 1987. The alarm bells sounded went I read that, because that was the year of the big crash in October 1987. In the CANSLIM group itself, someone gave me an interesting piece of news regading Jim Rogers (a top guru investor) who just made a ton of money investing in natural resources for 1996. Again just from reading or observing the market, Mutual Funds in natural resources had a great year. One fund in particular Fidelity made 38% for 1996. I hope I haven't bored any of you. Rail stocks were doing very well towards the end of 1996. The market indexes are breaking records, that leap frog each other. One day it is the DOW then the next day it is the NASDAQ. You are not having that steady prolong upward trend of a bullish market but instead this big rise or drop in the indexes. You mentioned the volatility in the market. I am not a technician. I go with my gut instinct or intuition on the feel of the market. It seams to me, like we are in the last stages of a bull with these "euphoric swings" in the indexes. In his book "How to Make Money in Stocks" Williams O'Neil discusses the end of a business cycle. What stage of the business cycle do you think we are in? Are my fears all nonsense. I am starting to think about cashing in, on some of my paper profits. So what do other people think? A consensus of opinion on the "M" market conditions will help me formulate an opinion. Are people using or coming off margin? If your last couple of trades have been unsucessful - the market is telling you something. I have heard people discuss their losses on a stock but never once mention "M" with regard to the loss. Finally let me say that I prefer to be a lurker. As I said right from the start, I consider myself a novice and don't have that much to contribute. But Tom you spurred me into action! I don't want to lose your market comments. Please send it to my personal email address if no else in the group is interested. - ---------- > From: tom worley > To: canslim@xmission.com > Subject: Re: [CANSLIM] "M", INLQ, RUDY > Date: Friday, January 10, 1997 3:03 PM > > > I sensed my periodic "Market comments" postings were not of general > interest and offered to provide them directly to those who wanted them, I > was correct in my impressions, so far only one person expressed an interest > (at 1/2 of a percent of the group guess the RS must be about no better than > 1), so I was right to discontinue sending them to this group. My feelings > aren't especially bruised, but I did think I was helping by sharing my > viewpoint. I still think I was right, but if I can't get other views, how > do I challenge my thinking? > > tom w > > ---------- > > From: Robert Gammon > > To: CANSLIM > > Subject: Fwd: [CANSLIM] "M", INLQ, RUDY > > Date: Wednesday, January 08, 1997 11:36 PM > > > > On Wed, 8 Jan 1997, tom worley wrote: > > >Again, I question what is happening with this group. > > ------------------------------ From: Joan Sherman Date: Thu, 9 Jan 1997 09:27:36 -0400 Subject: Re: [CANSLIM] Fw: Tomorrow's IBD NASDAQ Volume List >Got this in my e-mail today, 1/08/97. Kinda interesting. > ><< Richard S. >> > >PLEASE PUT ME ON THIS MAILING LIST. THANKS >---------- >: From: Doug Brookman >: To: rcstein@airmail.net >: Subject: Tomorrow's IBD NASDAQ Volume List >: Date: Wednesday, January 08, 1997 9:21 PM >: >: Following is a list of stocks that meet the IBD NASDAQ volume list >: criteria for tomorrow's IBD newspaper (1-9-96). >: Volume is 180% or greater of normal volume: >: >: >: ATMI ADVNB AGRPA AKZOY AFWY AMCV ARBR AFED ACAI >: ASAI AIMM BBOX BELD BTGC BCHXF BLDPF BROD TMBR >: CDWC CTEA CLST CCIL CWEI CCRO CNXS CXIPY CTSI >: DSCP DCRN SEEDB DENRF DLGC DISH DLTR DBRN EZCIA >: ECILF ELTN EMIS WIRE EPIC FMBC FBIC FLIR > FMXI >: FRTZ GCHI GENZ GMRK HALO HBOC HMAR HMHM ISAI >: IMSC INFS IHII INLK JBIL JACK KDUS KNGT KNSY >: LBNA LUNR MDLI MLNM MORP MUEI MXIS NAUT NICEY >: NOBH OAKT OXFD OXGN PCYC PGDA PLAB PSQL PLXS >: PLNSY PPDI PLFE PRGX PTNX PRXM QLGC RFTN > RCII >: RWIN ROCM RVFD SAMC SSPC SHEL SIGR SISB SLAM >: SMTC SSYS STLY STBI SUNQ SUPX SUSQ SYKE SYMC >: TBUD TELC TLDCF TTRA TRBS TREX TMAR UNPH UBSI >: UIHIA VTEX VRTX VOLVY WWTR WPSN WFSI WHIT WLTR >: XNET >: >: >: A shortened version of this list follows. It is stocks that also >meet >: the IBD criteria but with a closing price between $12 and $30 >: >: ABACF ATMI AMWD AIMM BTGC TMBR CACI DWEI > EMIS >: WIRE FLIR GLFD HRSH IHII ISBF MAVK MLBC MDYN >: MSTR PCYC PLFE PCCW QLGC RESM RFED SPBI STLY >: SYMC TLDCF TTRA USFC WSTM WFSI WLTR >: >: >: If you would be interested in receiving this list via email on a >daily >: basis please send an email to: (no obligation) >: >: Doug Brookman >: brookman@traveller.com >: >: Joan Sherman, /\~~~/\ /\~/\ /\~/\ and > < Babe, ^ ^ ^ ^ Courtney and > * * < our Clapton, a Calico and Samoyed Maine Coon Our wonderful rescues! And our newest sweet Sammy, Lucky! ------------------------------ From: "tom worley" Date: Fri, 10 Jan 1997 07:52:32 -0500 Subject: Re: [CANSLIM] Tom, Don't give up on us Well, it's 7:35 AM Friday, Jan 10 as I write this and I will go on record as saying I don't expect any major negative surprise out of the employment nrs this morning, and in fact will not be surprised by a positive report (increased unemployment). New claims reports have been trending up, last report was a pos surprise, and I look for this to continue. The higher than expected economic growth in the first half of 1996 abated in the second half, and employment growth slowed and then later reversed. The market is so volatile, IMHO (and I'll be honest, I'm not so humble about it), because too many MM listen to too many TV commentators and react day by day. This is compounded by the eagerness of too many wire houses to use computer driven buy and sell programs to make a few bucks for the house. HGS esp ones with high trailing PEs will always get hit the hardest, that's a fact of life and an argument for hard stops. Interestingly, I think part of the action these past few weeks is in fact value shopping. That's part of my theory of what's actually going on. Thanks for the intro, will save it for future "resource" assistance since I don't know that much about chip design outside one class I flunked in college (actually I was overwhelmed at the time and dropped the course cuz I knew I would flunk if I continued). What I did learn amazed me at all the stuff going into, and going on within, a chip. Thanks for the feedback, I'm not giving up on the group or anyone, but again the lack of group concensus, feedback and discussion regarding my "market comments" tells me there is not sufficient group interest for them. I will provide them on an individual basis but will not post them to the group. The same holds true even more so for my "classes", if you want them, tell me and I will add you. I'm not dropping out of this group but will respond more often by individual email than to the group at large. I am currently holding one email asking about the criteria for adding/deleting stocks to the DG books, waiting to see if anyone else will respond. So far no one has. This is my point. good luck tom w - ---------- > From: lukelang@svlhp8.scs.philips.com > To: CANSLIM group > Cc: lukelang@svlhp208.scs.philips.com > Subject: [CANSLIM] Tom, Don't give up on us > Date: Friday, January 10, 1997 12:32 AM > > Tom, > > I have noticed the lack of activity recently and sense the strong > frustration on your part. Just so you don't give up on us, I will > mouth off a little here. > > First the introduction: My name is Luke Lang and I am an electrical > engineer. I design read-channel chips used in disk drives. I have > been investing for two years, almost exclusively in high-tech. I > have tried CANSLIM without much success. This is because I have a > bad habit of not executing the 10% stoploss. I still think CANSLIM > makes a lot of sense. That's why I am here to try to learn more. > > I made a few comments in the early days of this group. However, I > have since shyed away from CANSLIM/high-growth stocks because the > market is so lofty and volatile. CANSLIM types of stocks get punished > so severely on even good news that is not up to expectation. When bad > news hits, you are really in trouble. On the other hand, value stocks > hold up much better in this environment. Let me give you some examples: > > ORCL missed by 1 cent and lost 20%. CPU had lower same-store sales but > claims better results once Intel releases MMX; it gets beat up. SHVA > got killed on poor earning. NSCP looses 20% on downgrade. CA pre-announces > lower revenue but claims to meet EPS expectation; it gets beat up. I > know these may not be CANSLIM stocks, but the results are scary. > > On the value side, EGLS pre-announces lower EPS but claims bright future; > it looses $1 the day after and is up $1 two weeks later. IRF missed EPS > by 4 cents today (7 vs 11 expected) but gets an upgrade. It only lost > $0.25 today after gaining more than $1 yesterday. > > 1997 is not suppose to be a good year - it follows an election and two > fantastic years. It may turn out to be a great year, but I would rather > be more defensive. With 'M' being to difficult to determine, I am more > concerned with downside risk than upside potential. After reading Stan > Weinstein's book "Secrets of Profiting in Bull and Bear Markets", I am > looking for stage 1 breakouts more than CANSLIM breakouts. > > I agree with your observation of the strength in the market. Another > indication of the strength is that the market goes up when bond goes down > and the market goes up even more when bond goes up. But does this mean > we don't have to worry about tomorrow's employment number? The higher > the market goes, the more I am scared of these reports. > > Anyway, I am sorry this is almost an anti-CANSLIM discussion, but it's > the best that I can do. I would love to hear any comments and suggestions, > just don't beat me up too badly. If any of you feel this discussion is > inappropriate, just let me know and I will try to post CANSLIM-only stuff > if I have any. May the new year bring us all success. > > Best regards, > Luke Lang ------------------------------ From: "tom worley" Date: Fri, 10 Jan 1997 07:57:14 -0500 Subject: Re: [CANSLIM] Methodology and Stocks I would like to hear more on why you selected $30 as your threshold, this excludes entry on many HGS stocks with excellent CANSLIM characteristics. tom w - ---------- > From: OWENTIME@delphi.com > To: canslim@xmission.com > Subject: [CANSLIM] Methodology and Stocks > Date: Friday, January 10, 1997 1:54 AM > > Time and time again the words "strategy" and or "methodology" creap into > stock purchase techniques. There are as many strategies for buying > stocks as their are brokers. I think it is important to find a > strategy that works for the individual and their market needs and goals. > O'Neill has a terse format in IBD that works well when time is really > short. .... There is room for CANSLIM as a solid filter > > when to sell, I say be strictly under $30.00 in this market and > take profits in those 25% increments to remain cautious on > fewer than 4 stocks at a time. ------------------------------ From: "David F. Cameron" Date: Fri, 10 Jan 97 6:52:54 CST Subject: Re: [CANSLIM] "M", overkill Tom, and the group, > > The point I was trying to make, and seem to have failed in rather miserably > judging by the lack of interest (or apathy, I'm not sure which), is that > you can't judge the market direction or purpose by the closing nrs on any > indexes. On the day I posted this comment, the NASDAQ rallied late and ... I agree wholeheartedly, I didn't post because I have nothing to add. I think that reliance on the Dow as a barometer is overblown. Movements in the Dow setting off program limits is even more scary. What if IBM drops 20 pts in 1 day -but the rest of the stocks are flat. We'd hear that the market was down 70 - and programs would kick in... sigh! > strongly, closing down over 7 pts but with the advance/decline on NMS > approaching plus 300 and overall almost reaching neutral. At the same time > the new hi/low was 179 to 26, hardly a negative day there. Vol up/down also > almost made it neutral, finishing 226.7 mil up to 275.3 mil down. If you > were to subtract out the volume by half a dozen of the largest stocks, I > suspect this last nr would have been very strongly positive. Both NMS and > overall volume was equally impressive, 602 and 664 mil respectively. > Maybe I'm the only one, and maybe I'm wrong, but I have been seeing a > consistent bullish pattern in the market over the past several weeks and > have not noticed anyone commenting, or even commenting in any way on the > market despite some pretty impressive volatility. I don't think you're the only one-but I'm not sure you are a majority. > I sensed my periodic "Market comments" postings were not of general > interest and offered to provide them directly to those who wanted them, I > was correct in my impressions, so far only one person expressed an interest > (at 1/2 of a percent of the group guess the RS must be about no better than > 1), so I was right to discontinue sending them to this group. My feelings > aren't especially bruised, but I did think I was helping by sharing my I think you are helping as well. I guess I qualify as a semi-frequent poster. I don't think we still have200 people though. I requested the canslim-list from the majordomo and only got 140 names. I think we need to get more people in who have been trading this way (or investing) who are not aware of this group. > viewpoint. I still think I was right, but if I can't get other views, how > do I challenge my thinking? And I can certainly use my time better browsing > the net, or just reading a good book, or rereading O'Neill, than writing > market comments to a group of people who don't want to examine my opinion > and insight, right or wrong, and would rather hit the delete button. That's I always examine your opinion and almost everyone else's - I usually just pipe in if I have a question or disagree. Of course I toss my own postings out as well so I do realize that it is frustrating to attempt to start a topic of discussion with no follow through. > You are correct that a few major companies dominate the NASDAQ Composite > Index, and they are mostly tech stocks. In fact, NASDAQ at large is tech > dominated. That is why I believe it is vital to look beyond the index > numbers and examine the breadth of the market in several ways. If you look > at the index alone, you will think and act like the TV commentators and > live for that day alone. The strong performance today, including seeing the > Russell 2000 hit its first high since May, is significant (anybody else > besides me notice that), reinforces my opinion on what is happening, and Yep... about time. Later, Dave Cameron dcameron@harper.cc.il.us ------------------------------ From: "David F. Cameron" Date: Fri, 10 Jan 97 6:56:41 CST Subject: Re: [CANSLIM] Tom, Don't give up on us > Anyway, I am sorry this is almost an anti-CANSLIM discussion, but it's > the best that I can do. I would love to hear any comments and suggestions, > just don't beat me up too badly. If any of you feel this discussion is > inappropriate, just let me know and I will try to post CANSLIM-only stuff > if I have any. May the new year bring us all success. > We don't want people to be intimidated. In addition, I don't perceive this group as limited to CANSLIM. I think if it were, it would fail. But, I think CANSLIM should be the backbone of it. If you (or I) are stepping outside of CANSLIM boundaries, as I am doing with STAR - an explanation usually helps the thought processes. > Best regards, > Luke Lang > Keep chimin' in! Dave Cameron dcameron@harper.cc.il.us ------------------------------ From: "David F. Cameron" Date: Fri, 10 Jan 97 7:04:01 CST Subject: [CANSLIM] Re: Jim Rogers OK, so now you're getting 3 messages from me! Not exactly diversity - but Tom and other posters are definitely getting feedback. > > I find it a bit overwhelming (most people in the group would say > overpowering) The above may be an issue to many. I hadn't thought of this- but on Wednesday I was on ajob interview. I am an analytical sort who is also extroverted. I found (via the interview) that this is a rare combination. This would be consistent with this group. TW seems to fit the analytical extrovert role - and many find that overwhelming given it is combined with a lot of experience. > crash in October 1987. In the CANSLIM group itself, someone gave me an > interesting piece of news regading Jim Rogers (a top guru investor) who > just made a ton of money investing in natural resources for 1996. Again This was probably me. I checked out the Barron's Roundtable returns for '96. Rogers more than doubled his money in '96 - no one else topped 25% - a couple lost money. > A consensus of opinion on the "M" market conditions will help me formulate > an opinion. Are people using or coming off margin? I don't believe in consensuses with regards to the market, but I don't think we've peaked yet. > If your last couple of trades have been unsucessful - the market > is telling you something. I have heard people discuss their losses on a > stock but never once mention "M" with regard to the loss. Dave Cameron dcameron@harper.cc.il.us > ------------------------------ From: Johan Van Houtven Date: Fri, 10 Jan 1997 21:11:25 +0100 Subject: Re: [CANSLIM] "M", INLQ, RUDY Tom wrote: >I sensed my periodic "Market comments" postings were not of general >interest and offered to provide them directly to those who wanted them, I >was correct in my impressions, so far only one person expressed an interest >(at 1/2 of a percent of the group guess the RS must be about no better than >1), so I was right to discontinue sending them to this group. M is a part of CANSLIM. I'd prefer that you keep posting your M comments to the mailing list. ------------------------------ From: Chris Beauregard Date: Fri, 10 Jan 1997 19:33:43 -0600 Subject: [CANSLIM] Taking Profits I have a question regarding the previous comments regarding the missing earnings estimates. Considering the this and what appears to be an increased volatility of the market, would it be wiser to sell one of my stocks (that is currently up 40%) prior to next week's earnings annoucement or to wait. This may not be enough specific information to go on, but I am mainly looking for a general strategy. ------------------------------ From: lukelang@svlhp8.scs.philips.com Date: Fri, 10 Jan 1997 18:00:27 PST Subject: [CANSLIM] 1/10/97 market commentary I am going to try to give Tom some competition, as well as some motivation to continue his excellent commentary work. This market is amazing. It seems like nothing can hurt it. Or are we near the top? Bond takes a tumble on stronger than expected employment number, but Dow and NASDAQ continues to march into record territory (and finish at the high of the day). SOX (Philadelphia semi index) is also at a near-term high. Early in the morning I recall seeing NYSE advance/decline ratio around 1:8. But both NYSE and NASDAQ a/d ration closed even. The really amazing thing is the up/down volume ratio was 2:1 for NYSE and 3:2 for NASDAQ. It sure looks like there isn't much inflation worries; although the bond investors will probably argue against that. According to analysts on CNBC, all eyes are on earnings now. I am still worried about rising bond yield. Therefore, my strategy is put my finger on the sell trigger and be ready to pull at any sign of down turn. (And I will ask questions afterwards.) One thing that sticks in my mind from last summer's correction is dramatic shift in NYSE new high vs. new low numbers. I think semiconductors is the place to be right now. Even a lower than expected book-to-bill can't bring them down. I think the expectation is that the worst is over. For aggressive investors, I would recommend betting on earnings. You almost can't loose. Good earnings bring rich reward: VTSS and DS each gained almost 10% today. Bad earnings don't seem to hurt because almost everyone is forecasting rosy future. I am more conservative so I go after companies that have already announced. (I bought IRF, ADI, and MOT today.) I am looking for good news to help the entire sector and bad news to have minimal impact. Have a nice weekend, Luke Lang PS: Tom, the hard stop does not help during a gap down as we have seen recently. Being nervous and defensive, I am not willing to take the risk. On the other hand, this is probably why I am not a successful CANSLIM investor. The 'M' clearly appears to be favorable but I am running scared. Maybe we need to add a G to CANSLIM for gutsy, which I am not. Hey, maybe this can lead to some interesting discussion on the psychology of a CANSLIM investor. Any comments? ------------------------------ From: h.rotithor@juno.com (hemant g rotithor) Date: Fri, 10 Jan 1997 21:33:11 EST Subject: Re: [CANSLIM] Taking Profits My suggestion on a general strategy is: 1. If you bought the stock on fundamentals, sell if the fundamentals have changed. 2.If you bought it on Technical analysis, sell if the technicals show so. 3. If you bought it for a short term quick profit, sell of you have achieved your goal. 4. If you bought it based on some other strategy or combination of some of above you should have thought of a method (backtested) to decide when to get out (it is not a good idea to not have an idea about when and how to get out before getting in :-)) Bottom line is sell based on what your target was when you bought it the first time. Hemant On Fri, 10 Jan 1997 19:33:43 -0600 Chris Beauregard writes: >I have a question regarding the previous comments regarding the >missing >earnings estimates. Considering the this and what appears to be an >increased volatility of the market, would it be wiser to sell one of >my >stocks (that is currently up 40%) prior to next week's earnings >annoucement or to wait. This may not be enough specific information >to >go on, but I am mainly looking for a general strategy. > ------------------------------ From: "tom worley" Date: Fri, 10 Jan 1997 23:33:44 -0500 Subject: Re: [CANSLIM] Taking Profits The simple answer is sell your dogs, hold your winners. I always tended to compromise my CANSLIM stocks to the degree that if they moved up too fast, I wanted to lock in a profit and hope for a selloff to permit reentry. Within my industry, the rule of thumb is "buy on rumor, sell on news" and with the volatility, it has not been sufficient to match or even slightly exceed expectations (then again there's MOT, which fell short of expectation and jumbed over two points positive). The important point is to be aware of real expectation (as opposed to whispered nrs). My personal rule has been that if I got in early enough and was sitting on fat short term profits prior to an earnings report, then I would take the profit and avoid the risk of the volatility surrounding the earnings report. If I waited too long, then I would wait till after the report was public and hope for a short term (profit taking) correction even if the nrs were great. tom w - ---------- > From: Chris Beauregard > To: canslim@xmission.com > Subject: [CANSLIM] Taking Profits > Date: Friday, January 10, 1997 8:33 PM > > I have a question regarding the previous comments regarding the missing > earnings estimates. Considering the this and what appears to be an > increased volatility of the market, would it be wiser to sell one of my > stocks (that is currently up 40%) prior to next week's earnings > annoucement or to wait. This may not be enough specific information to > go on, but I am mainly looking for a general strategy. ------------------------------ From: lukelang@svlhp8.scs.philips.com Date: Fri, 10 Jan 1997 23:07:21 PST Subject: Re: [CANSLIM] Taking Profits Chris, In addition to the two fine suggestions that you have already received, I might suggest you look at the following: - - Is the sector in favor right now? Is the sector volatile? How have other stocks in the sector done recently in terms of earning? What has been the market reaction? - - Is the PE high? What are the upside potential and downside risk? As I have mentioned recently, I believe semiconductors are relatively safe. Software and network stocks allow no room for error. Without knowing the specific stock, it is really difficult to say much more. Another technically-based suggestion is to watch the stock price. If it moves down prior to earning, then sell it. Some inside information may have leaked out. If it moves up sharply, then sell it. The potential appreciation has already been factored into the price. There is minimal reward but lots of risk. However, if it gets an analyst upgrade the day before, then stay with it. The analyst probably knows something to upgrade the day before. Look at MOT as an example. If it simply move sideways, then there is not much to go on. One final bit of advice: NEVER REGRET TAKING PROFIT! Best of luck, Luke Lang > > I have a question regarding the previous comments regarding the missing > earnings estimates. Considering the this and what appears to be an > increased volatility of the market, would it be wiser to sell one of my > stocks (that is currently up 40%) prior to next week's earnings > annoucement or to wait. This may not be enough specific information to > go on, but I am mainly looking for a general strategy. > ------------------------------ End of canslim Digest V1 #37 **************************** To subscribe to canslim Digest, send the command: subscribe canslim-digest in the body of a message to "majordomo@xmission.com". If you want to subscribe something other than the account the mail is coming from, such as a local redistribution list, then append that address to the "subscribe" command; for example, to subscribe "local-canslim": subscribe canslim-digest local-canslim@your.domain.net A non-digest (direct mail) version of this list is also available; to subscribe to that instead, replace all instances of "canslim-digest" in the commands above with "canslim". Back issues are available for anonymous FTP from ftp.xmission.com, in pub/lists/canslim/archive. These are organized by date.