From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #1036 Reply-To: canslim Sender: owner-canslim-digest@lists.xmission.com Errors-To: owner-canslim-digest@lists.xmission.com Precedence: bulk Content-Transfer-Encoding: quoted-printable X-No-Archive: yes canslim-digest Sunday, October 29 2000 Volume 02 : Number 1036 In this issue: [CANSLIM] positives Re: [CANSLIM] FT Day?? Re: [CANSLIM] FT Day?? [CANSLIM] DGO List [CANSLIM] Broke vs. Debt vs. Profit Re: [CANSLIM] FT Day?? Re: [CANSLIM] DGO List [CANSLIM] Fwd: Web Site Updated ---------------------------------------------------------------------- Date: Sat, 28 Oct 2000 12:10:28 +0200 From: "Makara, Tamas" Subject: [CANSLIM] positives In my reading Friday was a valid Dow follow through day, Tuesday was not. Friday's Dow volume of 378 million shares was the highest in the last month. Dow volume on Tuesday was significantly lower than the day before. IBD uses NYSE volume on the Dow charts -- I think, it's a missleading practice. It's another question whether one should care about the Dow at all. I'd prefer the broader indexes. A positive about Thursday's action: the NDX made a new intraday low, but the Comp did not. That's positive divergence. Other indexes (Dow, S&P, NYSE Comp) remained conveniently above their lows. Also, the number of new lows on Thursday was significantly lower than on October 18th even on an intraday basis. Personally I am very bearish on the US stockmarket in the long run, but I try to remain unbiased. Based on last weeks action I think an intermediate term bottom may be forming. Slowly. Tamas - - ------------------------------ Date: Tue, 24 Oct 2000 22:25:57 -0600 From: Earl Setser Subject: Re: [CANSLIM] FT Day?? The original Daily Graphs is a hard copy graph service. You get to choose monthly, weekly, maybe daily, and the exchange. My understanding is the cheapest way to get DGO is to subscribe to the cheapest paper service, and then you get a large discount on DGO that far exceeds the cost of the paper service. I've been thinking I'll get DGO sometime soon since early summer, but I've been waiting to see if there is a better deal associated with the IBD website. In the meantime, we get the DGO graphs for free, but not the other reports. At 09:19 PM 10/24/00 -0700, you wrote: >I'm not sure about the pricing either. Might be well worth the existing DGO >pricing structure though. >Also, is the original DGO not web based? More like Quotes Plus? > >-Bill > >----- Original Message ----- >From: Earl Setser >To: >Sent: Tuesday, October 24, 2000 8:46 PM >Subject: Re: [CANSLIM] FT Day?? > > >> Yes, I have really enjoyed the DGO graphs also. They do have a note on >the >> site now that says when the test period is over, the IBD charts will be >> free to subscribers, but the DGO graphs and stock checks will be extra >> fees. I wonder what the fee structure will be like? >> >> At 08:42 PM 10/24/00 -0700, you wrote: >> >Earl, > > > >- > > > - - ------------------------------ Date: Tue, 24 Oct 2000 21:46:45 -0700 From: "Mike Lucero" Subject: Re: [CANSLIM] FT Day?? It's web-based. - ----- Original Message ----- From: "Bill Triffet" To: Sent: Tuesday, October 24, 2000 9:19 PM Subject: Re: [CANSLIM] FT Day?? > I'm not sure about the pricing either. Might be well worth the existing DGO > pricing structure though. > Also, is the original DGO not web based? More like Quotes Plus? > > -Bill > > ----- Original Message ----- > From: Earl Setser > To: > Sent: Tuesday, October 24, 2000 8:46 PM > Subject: Re: [CANSLIM] FT Day?? > > > > Yes, I have really enjoyed the DGO graphs also. They do have a note on > the > > site now that says when the test period is over, the IBD charts will be > > free to subscribers, but the DGO graphs and stock checks will be extra > > fees. I wonder what the fee structure will be like? > > > > At 08:42 PM 10/24/00 -0700, you wrote: > > >Earl, > > > > - > > - - ------------------------------ Date: Sat, 28 Oct 2000 11:51:50 -0400 From: "Tom Worley" Subject: [CANSLIM] DGO List Members, use this list carefully this week. I have an eye infection, and blurred vision. Then again, maybe that's the right way to look at the market and charts right now, one eye closed, head tilted to one side and viewing squinty eyed, with no depth perception! If you recognize that the 3rd Quarter GDP report on Friday caused volatility, be aware that there are many important economic reports coming out next week Tue thru Friday, with the Employment Report on Fri likely the biggest. However, Productivity Report on Thursday also will be watched by the Feds along with the Leading Indicators Report. New Home construction has remained very strong, with many stocks in that group showing up on this list, so the New Home Sales report on Tuesday will also be important, as will be the Construction Report on Wed along with the NAPM Report. I have seen the first suggestion that the Feds may shift from a bias of a rate hike to a neutral stance at the Nov FOMC meeting. Recent data suggests to me that this may happen, tho any rate cut in the future is highly uncertain, and a rate hike next year still cannot be ruled out. Final count on the overall list this week is 201, improving over last week's 176. Before that it was 153, 226 and 230. LENS - base on base, B2 LAB - forming the handle to the cup??, double bottom ADVP - nice B4 RCII - B7 PENN - B3, rolling over? NHCH - B4, low priced UHS - B4 AZA - B5 KP - small cup, B2+ handle CI - B3+ AMFH - B5 PRMX - B5 PMI - B7 ABK - B4 DBRN - B3 SKYW - B4 BMET - B4 PNM - B5 FMC - B4 OAT - B4 Not much tech here, and a short list overall, no surprise. Happy hunting, Tom Worley stkguru@netside.net ICQ # 5568838 - - ------------------------------ Date: Sat, 28 Oct 2000 11:03:59 -0700 From: han.26@osu.edu Subject: [CANSLIM] Broke vs. Debt vs. Profit "Bet it all on either fear or greed."--Malaclypse the elder "Store up for yourselves treasure in heaven."--Yeshua At least when a stock blows up on the buy side, there's only loss of invested capital plus comissions, anxiety, time, etc.. A shorter could theoretically owe infinity dollars, plus most of the above. "Hi."--James - - ------------------------------ Date: Sat, 28 Oct 2000 09:38:44 -0700 From: "Bill Triffet" Subject: Re: [CANSLIM] FT Day?? Very smart marketing - letting us use it for free. I'm certain I too will be subscribing to it. - -Bill - ----- Original Message ----- From: Earl Setser To: Sent: Tuesday, October 24, 2000 9:25 PM Subject: Re: [CANSLIM] FT Day?? > The original Daily Graphs is a hard copy graph service. You get to choose > monthly, weekly, maybe daily, and the exchange. My understanding is the > cheapest way to get DGO is to subscribe to the cheapest paper service, and > then you get a large discount on DGO that far exceeds the cost of the paper > service. I've been thinking I'll get DGO sometime soon since early summer, > but I've been waiting to see if there is a better deal associated with the > IBD website. In the meantime, we get the DGO graphs for free, but not the > other reports. - - ------------------------------ Date: Sat, 28 Oct 2000 15:44:54 -0500 From: Kent Norman Subject: Re: [CANSLIM] DGO List Tom, we hope you recover soon, we need you. Thanks Here are the earnings dates from excite.com 01/19/2001 LENS - base on base, B2 01/23/2001 LAB - forming the handle to the cup??, double bottom 11/07/2000 ADVP - nice B4 10/30/2000 RCII - B7 02/14/2001 PENN - B3, rolling over? N/A NHCH - B4, low priced 02/12/2001 UHS - B4 01/25/2001 AZA - B5 11/02/2000 KP - small cup, B2+ handle 11/01/2000 CI - B3+ n/a AMFH - B5 10/26/2000 PRMX - B5 01/24/2001 PMI - B7 01/24/2001 ABK - B4 11/16/2000 DBRN - B3 01/26/2001 SKYW - B4 12/14/2000 BMET - B4 01/24/2001 PNM - B5 01/22/2001 FMC - B4 02/06/2001 OAT - B4 Kent Tom Worley wrote: > > > Final count on the overall list this week is 201, improving over > last week's 176. Before that it was 153, 226 and 230. > > LENS - base on base, B2 > LAB - forming the handle to the cup??, double bottom > ADVP - nice B4 > RCII - B7 > PENN - B3, rolling over? > NHCH - B4, low priced > UHS - B4 > AZA - B5 > KP - small cup, B2+ handle > CI - B3+ > AMFH - B5 > PRMX - B5 > PMI - B7 > ABK - B4 > DBRN - B3 > SKYW - B4 > BMET - B4 > PNM - B5 > FMC - B4 > OAT - B4 > > Not much tech here, and a short list overall, no surprise. > > Happy hunting, > > Tom Worley > stkguru@netside.net > ICQ # 5568838 > > - - - ------------------------------ Date: 29 Oct 2000 09:15:32 -0800 From: "Tim Fisher" Subject: [CANSLIM] Fwd: Web Site Updated >The Nasdaq is still trying to establish a bottom. It failed 3 times >within the last 6 sessions to break above resistant in the 3500 area. >Although it rallied strongly on Thursday, Friday was disappointing because >the index failed to hold an 80 point gain, and barely managed to close >positive. Volume was down Friday from the heavy volume on Thursday's rally >which indicates this market lacks conviction. On the other hand, the DOW >is strong as traders hide in defensive stocks. All HGS Investors should be >in their foxholes. > >Ian's Cha Cha Cha Surrogate failed to stay above the 17 and 50 day MA's. >If you look closely, you will see the groups has formed a head and >shoulders formation. If the index fails to hold the neckline in the 450 >area on the chart, look out below; the Nasdaq is going down. Remember, >just a few weeks ago, these stocks were the leaders. The Mattress Stuffer >surrogate is trashed. > >Take a look at the Wilder 3 week RS and note and the Dow and NASDAQ are at >the top of the RS graph, but according to the charts, the Dow is the only >index with strength. > >In the bottom chart, the both Accumulation/Distribution Indicators are >showing distribution. The Coppock is still headed down. > >Try to have a good week, and watch the Nasdaq to seen if it holds support >at the recent lows. If not, step aside and stay buried in your foxhole. Tim Fisher, 1995 President, Pacific Fishery Biologists Ore-ROCK-On Rockhounding Web Site PFB Information mailto:tim@OreRockOn.com WWW http://OreRockOn.com - - ------------------------------ End of canslim-digest V2 #1036 ****************************** To unsubscribe to canslim-digest, send an email to "majordomo@xmission.com" with "unsubscribe canslim-digest" in the body of the message. For information on digests or retrieving files and old messages send "help" to the same address. Do not use quotes in your message.