From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #1138 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 Thursday, February 15 2001 Volume 02 : Number 1138 In this issue: [CANSLIM] profit/loss Re: [CANSLIM] ADVP Re: [CANSLIM] stock screens Re: [CANSLIM] Investor's Corner 2/14/01 Re: [CANSLIM] stock screens Re: [CANSLIM] New Member Re: [CANSLIM] Departing menbers [CANSLIM] New Member Re: [CANSLIM] profit/loss Re: [CANSLIM] Introduction from Bill Smith Re: [CANSLIM] profit/loss [CANSLIM] Intro Rerun Re: [CANSLIM] stock screens Re: [CANSLIM] New Member ---------------------------------------------------------------------- Date: Thu, 15 Feb 2001 21:25:25 -0500 From: "Ann Hollingworth" Subject: [CANSLIM] profit/loss I am trying to refine my spreadsheet to keep track of my Canslim trading. To figure total profit/loss for the year, do I add the percentages for each profit and loss? Or do I divide the total profit/loss by the total cost basis? Thanks. Ann Hollingworth Amherst, Massachusetts - - ------------------------------ Date: Thu, 15 Feb 2001 19:45:24 -0700 From: esetser Subject: Re: [CANSLIM] ADVP Yes, this gets back to a subject discussed a while back. The goal is for each of us to become our own "Investment Guru", and have our own technique honed to the point of consistent and successful results. Personally, I have found that if you look at each of the CANSLIM criteria, and select only those stocks that fall into the top group, say 20 or 30%, then you rapidly reduce your stock universe to very few stocks, in fact too few. The IBD investors corner often picks a couple of criteria and selects the best to prove a point. For instance in yesterday's paper, they used outstanding profit margins as the criteria along with EPS/RPS of 80/80 or better and 100000 shares ADV. Given those criteria, there were only 8 stocks in the entire market that met the criteria. Great, but what about ROE, Sales Growth, Annual Earnings Growth, Quarterly Earnings Growth, Industry Group Stength, Sponsorship, etc, etc. I think it's likely you could eliminate even more stocks from the list of 8 with these criteria. In the end, you must choose the criteria that you feel is most important, and broaden some of the other criteria just to get a decent size watch list. This is part of the learning experience. At 11:34 PM 2/14/01 -0500, you wrote: > Hi Carter, So long as earnings are growing solid for the most >recent 4 quarters, then a lower EPS doesn't concern me that much. >Eventually, someone who sticks with it will find their "comfort zone" of >CANSLIM standards and rules and methodology. Everyone is different, and >will apply it differently. It is why I view it more as a philosophy than a >strategy, or science, or system. >Tom Worley >stkguru@netside.net >ICQ # 5568838 ----- Original Message ----- From: Carter Diggs > To: canslim@lists.xmission.com Sent: Wednesday, February 14, 2001 >7:18 AM Subject: Re: [CANSLIM] ADVP > But, obviously, this is everybody's problem unless you don't have to >work and are addicted to having your eyeballs glued to the screen! >But what this means is that there could be some kind of a morph of CANSLIM > with a bargain hunting strategy. Comments? Still trying to find a >system >Carter Tom Worley wrote: Norman, I have the same problem as >my work demands often prevent me from even knowing what the broad >market is doing until mid afternoon. Aside from using some kind of >personal paging service that can give you an alert on both price and >volume, the only perfect (and some would disagree that it is >"perfect") solution is to use a full service broker who can monitor >both price and volume. For your assumption, for learning purposes only >since I don't consider it a valid CANSLIM stock, you certainly could >use a buy stop order at the pivot price, and hope that the price move >is also accompanied by volume. The industry, unfortunately, does not >provide a combo price-volume stop order mechanism. Maybe with the >increase in online trading, this will eventually be possible. Maybe if >we all start complaining to our online brokerage firms, someone will >introduce it, and the rest will follow??? Since I trade thinly traded >stocks, I have learned to be patient, so I generally must compromise >on pivot point buying, and instead pick a spot in the base, often at >the bottom of the base, and use a GTC buy order. Once executed, I must >watch closely for signs of either a breakout to the upside, or a >failure of the base. Lots more difficult this way, and more risky, but >I like the challenge. >Tom Worley >stkguru@netside.net > ----- Original Message ----- From: Norman >To: canslim@lists.xmission.com Sent: Tuesday, February 13, 2001 8:57 > PM Subject: Re: [CANSLIM] ADVP Norman > ----- Original Message ----- From: Tom Worley > To: canslim@lists.xmission.com Sent: Tuesday, February 13, >2001 7:37 PM Subject: Re: [CANSLIM] ADVP I agree >with Tim on this, never "expect" a stock to do anything, as that >leads to the next sin, that of anticipating. Let the stock tell >you what it is doing. The most recent quarter shows a decline in >earnings year over year of 15%, and the forecast for all of 2001 >(ends March) is for a net decline of 5%. That takes it right off >the radar regardless of what the chart does. >Tom Worley >stkguru@netside.net > ----- Original Message ----- From: > Norman To: canslim@lists.xmission.com Sent: Tuesday, >February 13, 2001 12:30 PM Subject: [CANSLIM] > ADVP Norman > > > > > - - ------------------------------ Date: Thu, 15 Feb 2001 22:00:36 -0500 From: "Tom Worley" Subject: Re: [CANSLIM] stock screens Hi Norman, As a DGO subscriber, I thought I would give you a different point of view. I use DGO exclusively for virtually all of my "screening", and then use BigCharts for any further technical (such as MACD) graphing I wish to do. I am routinely amazed by investors that consider the cost of DGO ($535/year) as too excessive, or only worth it to the "professional trader". Several members tonight have suggested what they use, which range from $180/year to $300/year. DGO is not that much greater, and gives you all the authentic CANSLIM data you require in a single site, without searching around, merging data from different sites, etc. I find my personal time, and I am not a "professional trader" nor a stock broker (any more, was for many years, but now out of this for over 5 years), worth far more than the dollar or so additional a day I would spend for DGO services. I admit I was fortunate, during the beta phase of DGO, a single stock I found (which was not even in the DG books at the time), returned me about five years of subscription costs. So I figure I am subscribing with someone else's money right now. But I am sure there are many members willing to invest $20,000 in a single stock, where a simple 5% mistake would cost them nearly twice the annual cost of DGO. Every night I get maybe 15 or so different emails from free online sites talking about how different stocks did that day, or news or earnings they reported. I open DGO and check those that interest me, and know in a few seconds with the data presented if they deserve further interest. If I had to use two or three different sites to make this same "fish or cut bait" decision, it would cost me another hour or so every night, and I definitely value my personal time at better than a dollar an hour. We get so used to obtaining everything free from the net, that $500 or so a year seems like a lot, but if you break it down into its component parts value, it's really not much. And for those trading for taxable returns, and show a profit, I imagine they can even find a way to write off the cost against their profits. I gain nothing, other than the continued availability, of favorably mentioning (even touting) DGO. I think it is the best thing to come along in years for individuals trying to apply and use CANSLIM. And I think it is worth every penny you pay, even if on a small account, so long as you are willing to apply the necessary discipline and effort to make CANSLIM work for you. Tom Worley stkguru@netside.net ICQ # 5568838 - ----- Original Message ----- From: Norman To: Sent: Thursday, February 15, 2001 8:26 AM Subject: [CANSLIM] stock screens For those on the list that don't subscribe to DGO or some other similar service, how do you screen stocks? I currently read IBD and use the Daily Industry Prices and New Highs List to identify strong industry sectors. I then use the new Composite Rating along with the other SmateSelect Corporate ratings to select companies in the sectors which are performing well. Then I look at some charts to see if any strike my fancy. Also, I peruse the remainder of the paper for companies. As anyone can see this is very time consuming. I can go through the complete SmartSelect ratings only once per week. During the week I will check daily those charts which I liked. Then I do it all over again on Friday. I also visit a few sites on the net and am trying to make time to become more active in a yahoo club that is just getting started. And then there is this group. I know am missing a lot of opportunities. Is there a better way to narrow down the list of possibilities w/o subscribing to a service, or is a subscription the solution? Norman - - - - ------------------------------ Date: Thu, 15 Feb 2001 20:07:50 -0700 From: esetser Subject: Re: [CANSLIM] Investor's Corner 2/14/01 Well, I was all ready to say, of course, it's a DGO, but I don't see it. There is ROE and profit margins are one component of the SMR rating in DGO and IBD. As far as the actual data, I'm not sure (and I don't use it by itself I guess.) At 08:49 AM 2/15/01 -0500, you wrote: >I was reading the Investor's Corner in last nights IBD and was wondering if >there is an internet site that members use to scan stocks for profit >margins. > > >Jerry Sparrow, CPA >Corporate Controller >Biscuitville Restaurants, Inc. > > > >- > > > - - ------------------------------ Date: Thu, 15 Feb 2001 20:11:02 -0700 From: esetser Subject: Re: [CANSLIM] stock screens I recently subscribed to DGO for pretty much this reason. I have grown used to it's very complete summary of CANSLIM data, but even more than that, I was interested in using it to generate watch lists in a quicker and more consistent manner. Last weekend, I took the DGO list (2800+ stocks picked as good candidates by DGO) and used the export to Excel to sort the list according to my criteria. It took me about 1 hour to sort the list, and then look up Sponsorship rank on the top 200+ stocks. This was a significant time savings from my previous "scan through the paper" approach. At 07:26 AM 2/15/01 -0600, you wrote: >For those on the list that don't subscribe to DGO or some other similar >service, how do you screen stocks? > >I currently read IBD and use the Daily Industry Prices and New Highs List to >identify strong industry sectors. I then use the new Composite Rating along >with the other SmateSelect Corporate ratings to select companies in the >sectors which are performing well. Then I look at some charts to see if any >strike my fancy. Also, I peruse the remainder of the paper for companies. > >As anyone can see this is very time consuming. I can go through the >complete SmartSelect ratings only once per week. During the week I will >check daily those charts which I liked. Then I do it all over again on >Friday. I also visit a few sites on the net and am trying to make time to >become more active in a yahoo club that is just getting started. And then >there is this group. I know am missing a lot of opportunities. Is there a >better way to narrow down the list of possibilities w/o subscribing to a >service, or is a subscription the solution? > >Norman > >- > > > - - ------------------------------ Date: Thu, 15 Feb 2001 22:12:28 -0500 From: "Tom Worley" Subject: Re: [CANSLIM] New Member Welcome, Dave. Looking forward to your future contributions. Tom Worley stkguru@netside.net ICQ # 5568838 - ----- Original Message ----- From: Falk, Dave K. To: Sent: Thursday, February 15, 2001 1:16 PM Subject: [CANSLIM] New Member I am not actually a new member, just a new contributer. I have been a subscriber to this list for several years now ... Name: Dave Falk Number of years investing: 0 (soon to change) Occupation: Software Engineering/Database Administration First of all, until reading HTMMIS a few years back I had no understanding of investments of any kind. However, being interested in facts and figures, I found WONs book quite interesting. I tried paper trading using his principles and found that I had quite a bit more to learn if I was going to be successful at it. To make a long story short, I have made a newfound commitment to learn what I need to learn and begin putting real money on the line this year (assuming the market cooperates). As a means to that end, I have read Reminiscenses of a Stock Broker, The Battle for Investment Survival, and How to Buy Stocks (all from WONs recommended reading list) in the past month. Additionally, I am currently reading Investors Business Daily's Guide to the Markets and would like to read at least one good book on Technical Analysis. Can one of you recommend a good book on this subject? In addition to the information contained in these posts I have found the following sites to be of value (all of these are free and are my personally preferred sites. I am not endorsing any of them): Stockmaster.com http://stockmaster.com/ This site has a lot of financial information as well as a feature called Guru Analysis which can be used to screen CANSLIM stocks. I also use the Leaders List and Breakouts features of http://www.canslim.net/ for this purpose. Stockcharts.com http://stockcharts.com/charts/SharpCharts/ This site has highly configurable dynamic charting features. It also allows you to save your preferences. CBS Marketwatch http://cbs.marketwatch.com/news/newsroom.htx I use this site to get information regarding Industry Groups (ranking and companies within each group) I also like http://live.justquotes.com/ as a source of Intraday trading information. Lastly, I use Medveds QuoteTracker in combination with Dateks Streamer as a realtime quotes service. In closing (at last) I would like to say that the information and insight I have gained from the members of this list has been invaluable. In fact, it is because of this list that I have retained an interest in investing. Regards, Dave - - - - ------------------------------ Date: Thu, 15 Feb 2001 22:14:10 -0500 From: "Tom Worley" Subject: Re: [CANSLIM] Departing menbers Thanks for the intro, Steve. Looks like you found CANSLIM and Wm O'Neil about the same time as me. Tom Worley stkguru@netside.net ICQ # 5568838 - ----- Original Message ----- From: Steven Limbert To: Sent: Thursday, February 15, 2001 11:51 AM Subject: Re: [CANSLIM] Departing menbers By the way.............. My name is Steve Limbert, I am new to the group, just added on 2-3 days ago. You have a very interesting group here. I have been doing CANSLIM (on and off) and following WON/Ryan,etc and going to his seminars since the late 80s. I am a big fan of the markets though I have not done much trading in the last few years. I look forward to working with you all. Cheers, SL >From: Dan >Reply-To: canslim@lists.xmission.com >To: canslim@lists.xmission.com >Subject: Re: [CANSLIM] Departing menbers >Date: Thu, 15 Feb 2001 07:38:16 -0800 > >Actually it is a bit eccentric, rather than clicky or cliquish... > >Steven Limbert wrote: > > > By the way............. > > > > It's > > > > cliquey or > > cliquy or > > cliquish adj. > > > > (dictionary.com) > > > > >From: "Ann Hollingworth" > > >Reply-To: canslim@lists.xmission.com > > >To: > > >Subject: RE: [CANSLIM] Departing menbers > > >Date: Tue, 13 Feb 2001 16:15:31 -0500 > > > > > >I have to say that I am a relatively new member, and have had all my > > >questions answered by numerous group members. So I don't call that >clicky. > > >Ann > > > > > > > > >For whatever reason their unsubscribing or trying to, they are dropping > > >like > > >flies. I'm sure the market action has something to do with it. I >remember > > >however when I first joined, many questions went unanswered. This mail > > >group > > >is like most, a little clicky. > > > > > > > > > > _________________________________________________________________ > > Get your FREE download of MSN Explorer at http://explorer.msn.com > > > > - > >-- >Dan > >Replace ? with dcash to reply > >Kibosh spam: http://spamcop.net/ > >- > _________________________________________________________________ Get your FREE download of MSN Explorer at http://explorer.msn.com - - - - ------------------------------ Date: Thu, 15 Feb 2001 22:22:20 EST From: Gracephyll@cs.com Subject: [CANSLIM] New Member - --part1_6e.7d1da7e.27bdf6ec_boundary Content-Type: text/plain; charset="US-ASCII" Content-Transfer-Encoding: 7bit Hi. I want to introduce myself. I am Phyllis Grace, 45 years old. I love my life! I was divorced about 5 years ago, after 7 years of marriage; and am now in relationship with a wonderful man. I have no children (by birth) and several incredible children in my life to whom I have been a private-duty nurse to over the years in their homes. I have become interested in prosperity and managing my money responsibly over the past 2 years. Previously, I did the minimum and basically avoided dealing with money. My background is in Nursing and alternative health care. I teach Reiki, have graduated from an intensive 4-year training at the Barbara Brennan School of Healing, and I continue to study and experiment with altered states of consciousness (such as remote viewing, etc.). I am building my business (independent distributorship) with Morinda (Tahitian Noni Juice), also. A Motley Fools book, (The Motley Fool Investment Guide) and then their web site was my introduction to this arena of financial self-responsibility and I got the message that I could begin to understand and make competent and profitable money decisions for myself. One of the banner ads on the Motley site led me to a subscription to IBD. I studied WON's How to Make Money in Stocks. I keep reviewing the book and find that more and more of "the basics" are becoming basic to me. At first most of what was in the paper was unintelligible to me; I didn't understand more than I did understand, ...and I did not pressure myself and just let my subconscious take it all in and with daily exposure it began making more and more sense. I appreciated the biographies of successful people, and oftened turned to that page first, so I would be inspired to continue! I've also been inspired by Robert Kiyosaki's books to become financially literate. I am currently playing his game "Cash Flow 101," and learning to think out of the box. (I find it analogous to my comfort with my situation of thinking out of the box in regard to medical and health issues.) I also enjoy Suzi Orman's books. I value love, life and possibilities, freedom, growth and joy. I learn best when I am playing and having fun. I appreciate the opportunity to learn with you all and to share when I feel that I may have something to contribute. So I've been following this CANSLIM group here for only several weeks -- shortly before the digest version was to be eliminated. I am learning so much from everybody! I have yet to invest any of my money in any stocks that I have selected, however I have been developing my watch lists. I am understanding much of what is being discussed. (Hooray for me!) Ann's questions and the teaching points which follow have been particularly helpful. Best wishes, and hope to play with you soon! Phyllis - --part1_6e.7d1da7e.27bdf6ec_boundary Content-Type: text/html; charset="US-ASCII" Content-Transfer-Encoding: 7bit Hi.  I want to introduce myself.  I am Phyllis Grace, 45 years old.  I love
my life!  I was divorced about 5 years ago, after 7 years of marriage; and am
now in relationship with a wonderful man.  I have no children (by birth) and
several incredible children in my life to whom I have been a private-duty
nurse to over the years in their homes.   I have become interested in
prosperity and managing my money responsibly over the past 2 years.  

Previously, I did the minimum and basically avoided dealing with money.  My
background is in Nursing and alternative health care.  I teach Reiki, have
graduated from an intensive 4-year training at the Barbara Brennan School of
Healing, and I continue to study and experiment with altered states of
consciousness (such as remote viewing, etc.).  I am building my business
(independent distributorship) with Morinda (Tahitian Noni Juice), also.  

A Motley Fools book, (The Motley Fool Investment Guide) and then their web
site was my introduction to this arena of financial self-responsibility and I
got the message that I could begin to understand and make competent and
profitable money decisions for myself.  One of the banner ads on the Motley
site led me to a subscription to IBD.  I studied WON's How to Make Money in
Stocks.  I keep reviewing the book and find that more and more of "the
basics" are becoming basic to me.  At first most of what was in the paper was
unintelligible to me; I didn't understand more than I did understand, ...and
I did not pressure myself and just let my subconscious take it all in and
with daily exposure it began making more and more sense.   I appreciated the
biographies of successful people, and oftened turned to that page first, so I
would be inspired to continue!   I've also been inspired by Robert Kiyosaki's
books to become financially literate.  I am currently playing his game "Cash
Flow 101," and learning to think out of the box.  (I find it analogous to my
comfort with my situation of thinking out of the box in regard to medical and
health issues.)  I also enjoy Suzi Orman's books.

I value love, life and possibilities, freedom, growth and joy.  I learn best
when I am playing and having fun.  I appreciate the opportunity to learn with
you all and to share when I feel that I may have something to contribute.  

So I've been following this CANSLIM group here for only several weeks --
shortly before the digest version was to be eliminated.   I am learning so
much from everybody!  I have yet to invest any of my money in any stocks that
I have selected, however I have been developing my watch lists.  I am
understanding much of what is being discussed.  (Hooray for me!)    Ann's
questions and the teaching points which follow have been particularly helpful.

Best wishes, and hope to play with you soon!    Phyllis - --part1_6e.7d1da7e.27bdf6ec_boundary-- - - ------------------------------ Date: Thu, 15 Feb 2001 20:35:10 -0700 From: esetser Subject: Re: [CANSLIM] profit/loss I use the total value of my present holdings and cash as compared to the total value at the beginning of the year. That will give you a true % gain total for ALL of your investments. I also track each individual investment the same way, total values vs original investment. At 09:25 PM 2/15/01 -0500, you wrote: >I am trying to refine my spreadsheet to keep track of my Canslim trading. To >figure total profit/loss for the year, do I add the percentages for each >profit and loss? Or do I divide the total profit/loss by the total cost >basis? >Thanks. > >Ann Hollingworth >Amherst, Massachusetts > > > >- > > > - - ------------------------------ Date: Thu, 15 Feb 2001 22:31:50 -0500 From: "Tom Worley" Subject: Re: [CANSLIM] Introduction from Bill Smith Hi Bill, thanks for the intro, nice to have someone here at least a little older than me. I have flocks of wild Quakers that fly past my house many mornings on their way to the feeding grounds, neat to see them interact, especially the young "single" birds still acting independent. The mated adults, though, have such human behavior as they sit on the telephone wire and discuss what they will do that day that they are more fascinating than the markets. The females usually seem to win the "discussion". As an ex-stock broker, I am always available for insights into how brokers behave, and think (at least for those that do think). Tom Worley stkguru@netside.net ICQ # 5568838 - ----- Original Message ----- From: BW Smith To: Sent: Thursday, February 15, 2001 3:16 PM Subject: [CANSLIM] Introduction from Bill Smith Gad, I hate to do things like introductions, but here goes! AGE-59 years 2 months RETIRED-from Texas Instruments with 34 1/2 years of service upon reaching my retirement age goal of 55 years. LOL, I decided to retire at that age when I was 21. Most of my career at TI was served in lower level management and manufacturing engineering, but for a few fairly enjoyable years I was a machinist. PRESENTLY-I live on Lake Texoma with my second wife and her son of 11 years. We married in November of last year. So far, so good. Hopefully, she will be able to put up with me for 32 1/2 years as my first wife and three kids managed to do. My bride and I share a great love for our five Quaker parrots. In fact we met through mutual parrot loving friends. So far she neither begrudges the time that I spend fishing with friends, nor my serving as the rescue and placement coordinator for the nation wide Quaker Parakeet Society, nor serving on the Homeowners Association. EARLY INVESTING EXPERIENCE-While at TI I moved the total balance of my CODA account back and forth between the TXN stock fund account and the income account. Picked up a sizable profit by timing the movements of the highs and lows in the often relatively predictable trading range of TXN. It cost nothing for those many transactions, but I was limited to the daily closing price when buying or selling. Of course I held on when the stock broke out of the trading range and continued to rise. I promptly moved back into the income fund whenever a topping action appeared. All in all, my CODA account fared much better than those of my coworkers who chose to ride TXN up and down. CANSLIM-WON's HTMMIS provided the insight for me to know when to fold and take a small loss or when to hang on before bailing out with a good profit. I learned to recognize enough of the charting actions to determine a proper base, entry point, and topping action. PRESENT INVESTING-is with a full service firm. Yeah, yeah I know about the 2% commissions and fees to buy or sell. Anyway, I rolled over my Coda, Profit Sharing, and Pension Lump into an IRA. Bought five mutual funds with 60% of the total and only two stocks with the balance. I lived on my personal savings until last year after deciding to take monthly withdrawals from my IRA, namely from one mutual fund which had gained handsomely. Wish it would still gain like that! LESSONS LEARNED-It did not take long to discover that the investment rep's recommended stock picks or sell recommendations were seldom to my advantage. He is just a good old boy who passes along what he is told to recommend for whatever reason. I really wised up after the turkey convinced me to sell ORCL just before its big run up. I hope he does not follow his own advice! Anyway, I now pick stocks entirely of my choosing while once again relying on some of the basic buy and sell rules found in HTMMIS, including those concerning charting action and fundamentals. Also, I continue to attempt to find stocks with a sizable trading range, then hop in and out near the lows and highs. CPQ was one stock that did that fairly often. I have to be careful when selecting a cycling stock, or the investment rep will make more than I do. So far I have made significantly greater profits with stocks than the five mutuals. Right now I own the same five mutuals and only one tech stock while remaining 30% in cash awaiting a clear market direction change. I wish to learn the CANSLIM method more thoroughly by the time the next bull market begins. Thanks to all for the informative discussions. Bill Smith - - - - ------------------------------ Date: Thu, 15 Feb 2001 22:38:54 -0500 From: "Tom Worley" Subject: Re: [CANSLIM] profit/loss Hi Ann, Simplest method is to use total costs of each trade (e.g. including commissions and anything else) in the net cost of that trade (so the commission would add on to a purchase, and subtract from the proceeds of a sale), for example). Then treat the money you have committed to CANSLIM as if it is a separate portfolio, even if it's not. From that, all you need to do is divide the net value of your CANSLIM holdings by your starting capita.. In a spread sheet environment, you can calculate the net return per trade using the total trade amount, then sum that net per trade up for the time period you are considering. Your confirms should give you the total amount involved in each trade, whether a buy or sell. Tom Worley stkguru@netside.net ICQ # 5568838 - ----- Original Message ----- From: Ann Hollingworth To: CANSLIM Listserv Sent: Thursday, February 15, 2001 9:25 PM Subject: [CANSLIM] profit/loss I am trying to refine my spreadsheet to keep track of my Canslim trading. To figure total profit/loss for the year, do I add the percentages for each profit and loss? Or do I divide the total profit/loss by the total cost basis? Thanks. Ann Hollingworth Amherst, Massachusetts - - - - ------------------------------ Date: Thu, 15 Feb 2001 20:45:18 -0700 From: esetser Subject: [CANSLIM] Intro Rerun Okay, okay, here goes. Name - Earl Setser, 45 Occupation - Electrical Engineer (more of a technical manager now) Investing Experience - I've been performing individual stock investing with various approaches since at least 1994. CANSLIM Experience - I started testing CANSLIM May 1999 and moved into a reasonable portion of my portfolio about August 1999. I've made quite a few mistakes, and found a few great buys too. Overall, I'm very pleased with my returns with CANSLIM (but not so much this year so far!) CANSLIM Goal - To really "get it" and up my success rate to 70% with only 3 years of experience at noted recently by a WON disciple. Present Approach - Using DGO to select 100 or so of the best overall candidates, and then watching those with near term breakout potential. Present Viewpoint - M has shown significant weakness for the last few weeks, and I've been chased out of 3 of my holdings. This leaves me with 3 holdings of a possible 7. Portfolio - I post my buy and sell actions at Clearstation.com rather than running them all by this group (usually right after my trades). You can subscribe to my recommendations if you are interested (username: esetser). - - ------------------------------ Date: Thu, 15 Feb 2001 22:47:12 -0500 From: "Tom Worley" Subject: Re: [CANSLIM] stock screens If you had 2800 or so stocks on the "DGO List", then you must have been using the Index to the DG books, and that is by no definition a "good candidates" list. It is simply what it is described as, an index to the books. There are many stocks in the books that we would fault. WON has a variety of reasons for carrying some stocks in the books, some simply because of their high volume. Tom Worley stkguru@netside.net ICQ # 5568838 - ----- Original Message ----- From: esetser To: Sent: Thursday, February 15, 2001 10:11 PM Subject: Re: [CANSLIM] stock screens I recently subscribed to DGO for pretty much this reason. I have grown used to it's very complete summary of CANSLIM data, but even more than that, I was interested in using it to generate watch lists in a quicker and more consistent manner. Last weekend, I took the DGO list (2800+ stocks picked as good candidates by DGO) and used the export to Excel to sort the list according to my criteria. It took me about 1 hour to sort the list, and then look up Sponsorship rank on the top 200+ stocks. This was a significant time savings from my previous "scan through the paper" approach. At 07:26 AM 2/15/01 -0600, you wrote: >For those on the list that don't subscribe to DGO or some other similar >service, how do you screen stocks? > >I currently read IBD and use the Daily Industry Prices and New Highs List to >identify strong industry sectors. I then use the new Composite Rating along >with the other SmateSelect Corporate ratings to select companies in the >sectors which are performing well. Then I look at some charts to see if any >strike my fancy. Also, I peruse the remainder of the paper for companies. > >As anyone can see this is very time consuming. I can go through the >complete SmartSelect ratings only once per week. During the week I will >check daily those charts which I liked. Then I do it all over again on >Friday. I also visit a few sites on the net and am trying to make time to >become more active in a yahoo club that is just getting started. And then >there is this group. I know am missing a lot of opportunities. Is there a >better way to narrow down the list of possibilities w/o subscribing to a >service, or is a subscription the solution? > >Norman > >- > > > - - - - ------------------------------ Date: Thu, 15 Feb 2001 22:52:42 -0500 From: "Tom Worley" Subject: Re: [CANSLIM] New Member This is a multi-part message in MIME format. - ------=_NextPart_000_0246_01C097A2.019F7F20 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hello Phyllis, and welcome to the friendliest group on the net. Hope = you continue to have fun, and make some money in the process. Having a = good watch list is very important at an indecisive time in the markets = as we have now, if we are to make real money when "M" turns in our = favor. Tom Worley stkguru@netside.net ICQ # 5568838 ----- Original Message -----=20 From: Gracephyll@cs.com=20 To: Canslim@lists.xmission.com=20 Sent: Thursday, February 15, 2001 10:22 PM Subject: [CANSLIM] New Member Hi. I want to introduce myself. I am Phyllis Grace, 45 years old. I = love=20 my life! I was divorced about 5 years ago, after 7 years of marriage; = and am=20 now in relationship with a wonderful man. I have no children (by = birth) and=20 several incredible children in my life to whom I have been a = private-duty=20 nurse to over the years in their homes. I have become interested in=20 prosperity and managing my money responsibly over the past 2 years. =20 Previously, I did the minimum and basically avoided dealing with = money. My=20 background is in Nursing and alternative health care. I teach Reiki, = have=20 graduated from an intensive 4-year training at the Barbara Brennan = School of=20 Healing, and I continue to study and experiment with altered states of = consciousness (such as remote viewing, etc.). I am building my = business=20 (independent distributorship) with Morinda (Tahitian Noni Juice), = also. =20 A Motley Fools book, (The Motley Fool Investment Guide) and then their = web=20 site was my introduction to this arena of financial = self-responsibility and I=20 got the message that I could begin to understand and make competent = and=20 profitable money decisions for myself. One of the banner ads on the = Motley=20 site led me to a subscription to IBD. I studied WON's How to Make = Money in=20 Stocks. I keep reviewing the book and find that more and more of "the = basics" are becoming basic to me. At first most of what was in the = paper was=20 unintelligible to me; I didn't understand more than I did understand, = ...and=20 I did not pressure myself and just let my subconscious take it all in = and=20 with daily exposure it began making more and more sense. I = appreciated the=20 biographies of successful people, and oftened turned to that page = first, so I=20 would be inspired to continue! I've also been inspired by Robert = Kiyosaki's=20 books to become financially literate. I am currently playing his game = "Cash=20 Flow 101," and learning to think out of the box. (I find it analogous = to my=20 comfort with my situation of thinking out of the box in regard to = medical and=20 health issues.) I also enjoy Suzi Orman's books.=20 I value love, life and possibilities, freedom, growth and joy. I = learn best=20 when I am playing and having fun. I appreciate the opportunity to = learn with=20 you all and to share when I feel that I may have something to = contribute. =20 So I've been following this CANSLIM group here for only several weeks = - --=20 shortly before the digest version was to be eliminated. I am = learning so=20 much from everybody! I have yet to invest any of my money in any = stocks that=20 I have selected, however I have been developing my watch lists. I am=20 understanding much of what is being discussed. (Hooray for me!) = Ann's=20 questions and the teaching points which follow have been particularly = helpful.=20 Best wishes, and hope to play with you soon! Phyllis=20 - ------=_NextPart_000_0246_01C097A2.019F7F20 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Hello Phyllis, and welcome to the friendliest group = on the=20 net.  Hope you continue to have fun, and make some money in the = process.=20 Having a good watch list is very important at an indecisive time in the = markets=20 as we have now, if we are to make real money when "M" turns in our=20 favor.

Tom Worley
stkguru@netside.net
ICQ # = 5568838
 
 
----- Original Message -----
From:=20 Gracephyll@cs.com
To: Canslim@lists.xmission.com =
Sent: Thursday, February 15, = 2001 10:22=20 PM
Subject: [CANSLIM] New = Member

Hi.  I = want to=20 introduce myself.  I am Phyllis Grace, 45 years old.  I love =
my=20 life!  I was divorced about 5 years ago, after 7 years of = marriage; and=20 am
now in relationship with a wonderful man.  I have no = children (by=20 birth) and
several incredible children in my life to whom I have = been a=20 private-duty
nurse to over the years in their homes.   I = have=20 become interested in
prosperity and managing my money responsibly = over the=20 past 2 years.  

Previously, I did the minimum and = basically=20 avoided dealing with money.  My
background is in Nursing and=20 alternative health care.  I teach Reiki, have
graduated from = an=20 intensive 4-year training at the Barbara Brennan School of =
Healing, and I=20 continue to study and experiment with altered states of =
consciousness=20 (such as remote viewing, etc.).  I am building my business=20
(independent distributorship) with Morinda (Tahitian Noni Juice), = also.=20  

A Motley Fools book, (The Motley Fool Investment = Guide)=20 and then their web
site was my introduction to this arena of = financial=20 self-responsibility and I
got the message that I could begin to = understand=20 and make competent and
profitable money decisions for myself. =  One of=20 the banner ads on the Motley
site led me to a subscription to IBD. =  I=20 studied WON's How to Make Money in
Stocks.  I keep = reviewing=20 the book and find that more and more of "the
basics" are becoming = basic to=20 me.  At first most of what was in the paper was =
unintelligible to me;=20 I didn't understand more than I did understand, ...and
I did not = pressure=20 myself and just let my subconscious take it all in and
with daily = exposure=20 it began making more and more sense.   I appreciated the=20
biographies of successful people, and oftened turned to that page = first,=20 so I
would be inspired to continue!   I've also been = inspired by=20 Robert Kiyosaki's
books to become financially literate.  I am = currently playing his game "Cash
Flow 101," and learning to think = out of=20 the box.  (I find it analogous to my
comfort with my = situation of=20 thinking out of the box in regard to medical and
health issues.) =  I=20 also enjoy Suzi Orman's books.

I value love, life and = possibilities,=20 freedom, growth and joy.  I learn best
when I am playing and = having=20 fun.  I appreciate the opportunity to learn with
you all and = to share=20 when I feel that I may have something to contribute.  

So = I've=20 been following this CANSLIM group here for only several weeks -- =
shortly=20 before the digest version was to be eliminated.   I am = learning so=20
much from everybody!  I have yet to invest any of my money in = any=20 stocks that
I have selected, however I have been developing my = watch=20 lists.  I am
understanding much of what is being discussed.=20  (Hooray for me!)    Ann's
questions and the = teaching=20 points which follow have been particularly helpful.

Best = wishes, and=20 hope to play with you soon!    Phyllis=20 - ------=_NextPart_000_0246_01C097A2.019F7F20-- - - ------------------------------ End of canslim-digest V2 #1138 ****************************** 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.