From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #1176 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, March 4 2001 Volume 02 : Number 1176 In this issue: Re: [CANSLIM] Re: Dave Cameron's post Re: [CANSLIM] bcf Opinions [CANSLIM] Acc/Dis Numbers Re: [CANSLIM] bcf Opinions, M, M, M!! Re: [CANSLIM] Oct 31, 1996 [CANSLIM] Re. Oct 31, 1996 RE: [CANSLIM] Worth thinking about RE: [CANSLIM] Size of company RE: [CANSLIM] Worth thinking about RE: [CANSLIM] Worth thinking about Re: [CANSLIM] Adjustments on open orders [CANSLIM] DGO List - Part One Re: [CANSLIM] DGO List - Part One [CANSLIM] DGO List - Part Two [CANSLIM] To Unsubscribe ---------------------------------------------------------------------- Date: Sat, 3 Mar 2001 20:49:53 -0500 From: "Tom Worley" Subject: Re: [CANSLIM] Re: Dave Cameron's post Geez, Mary, thanks for the kind words. I'm blushing, in case you didn't notice. Kinda feels like I am going away, or dying and my obituary is being written. Hope Dave Cameron doesn't know something I don't. Anyway, enough compliments, lets get back to CANSLIM, and me back to reviewing the DGO List. Tom Worley stkguru@netside.net ICQ # 5568838 - ----- Original Message ----- From: Mary Keener To: Sent: Saturday, March 03, 2001 7:27 PM Subject: [CANSLIM] Re: Dave Cameron's post Tom, I'll second Dave's thanks for your numerous, helpful, timely posts. I've made money researching some of the companies you've pointed out as good CANSLIM candidates. Your market analysis can match any of those I read and watch, and surpases many. Your presence on this message board has never been boring, mostly on track, always mindful of the CANSLIM principles. You are appreciated, Mary Dave Cameron wrote: > > The eminent and self-proclaimed thin skinned "stkguru", Mr > Tom Worley mentioned that he's been hanging around this > board for 4 years. To me, that was an interesting > revelation. I went back and checked the Cameron archives, > and my first interaction with Tom was on Oct 31, 1996 - > this was very close to the first day of this list (which > has been revamped). Within that time frame, Tom was > absent for a stretch or two for a few months (as part of > his thin skin persona). Of course, I've been absent for > several months on a couple of occasions due to family > matters. > > Regardless, the point I want to make is that Tom has > remained a very helpful and very active poster for the vast > majority of the last 4 years and 4 months on this list. > While he's been here, he has greeted nearly every newcomer, > encouraged nearly everyone with questions and thoughts to > share them, and posted more than probably any 3 of us > combined with relevant insights. > > Thanks Tom - I didn't realize how long its been. > > Dave Cameron > dfcameron@yahoo.com > > __________________________________________________ > Do You Yahoo!? > Get email at your own domain with Yahoo! Mail. > http://personal.mail.yahoo.com/ > > - - - - - ------------------------------ Date: Sat, 3 Mar 2001 21:07:52 -0500 From: "Gary W. Horan Jr." Subject: Re: [CANSLIM] bcf Opinions Thanks - ----- Original Message ----- From: "DougC" To: Sent: Thursday, February 22, 2001 12:09 PM Subject: Re: [CANSLIM] bcf Opinions > Looks like my math was wrong yesterday. The depth is more than 25% > not 12% from Apr.to Sept. Looks like it could be called it a cup. > > > . At 07:55 AM 2/22/01 -0500, you wrote: > > >Thanks Doug. > > > >Since I picked this up on www.stockmaster.com guru analysis I did not look > >up the RPS or EPS in the paper. I have seen other stocks in the past that by > >the time their EPS and RPS hit 90s it is too late. Maybe these are the "cath > >up" stocks. Like you said. > > > >I would like to understand why this: > >...I see a cup (April - Sept), a handle (Sept- Dec) followed by a raise > >(Dec - Jan1) and then consolidation(Jan1 - Now). > >Does not signify a cup and a handle. > > > >----- Original Message ----- > >From: DougC > >To: > >Sent: Wednesday, February 21, 2001 11:48 PM > >Subject: Re: [CANSLIM] bcf Opinions > > > > > > > Hello Gary > > > > > > At first glance I wasn't too impressed with this stock. My initial screens > >have > > > been looking at stocks with at least 30% est. annual earnings for the next > >year > > > and 30% quarterly earnings over same quarter previous year for the last > >two > > > quarters. Plus an annual growth rate of at least 30%. And EPS > 75. This > >stock > > > doesn't meet any of those criteria. However, after probably sounding > >overly > > > negative > > > about a friendly suggestion and also maybe even pompous I have to say I > > > thought I > > > might learn something if I looked closer at this stock instead of just > > > rejecting it > > > on the basis of some numbers; which, after hearing about some stocks in > >the > > > news lately, can apparantly be easily manipulated. > > > > > > So for the sake of discussion and also for my own learning benefit I'll > > > give this a shot. > > > I looked at a 52 week chart of the stock on BigCharts. I don't see a cup > > > with handle. > > > It's a very interesting chart but I'd say it's more of a long term basing > > > pattern. From > > > April to Sept it stayed in the 12 to 16 range. That's about a 12 percent > > > range which > > > I believe is within what WON describes for a base. Handles I think are > > > typically > > > much shorter term than the three months of what you described as a handle > >here. > > > From middle of Sept to Dec looks to me like a tighter range > > > base/consolidation after > > > the gap up in beginning of Sept. Which makes an interesting chart because > > > it mirrors > > > the gap down in beginning of May. The stock broke out of that range in > > > beginning of Dec. > > > and has now been basing again for the past two months in the 19-20 range. > > > It also appears > > > that the stock pops up when it touches the 50dma. This also appears to > > > always be a few > > > weeks prior to earnings report. The next earnings report for BCF is > > > supposed to be around > > > 03/15. The 50dma is at around 19 today. Also I noticed that the RS line is > > > taking a turn > > > up today. I've read that this can precede a price pop. I also remember > > > reading an article > > > by Greg Kuhn (a professional Hedge fund manager who takes an aggressive > > > approach to > > > CANSLIM type investing) when he was a writer for Trading Markets.com. The > > > article was > > > about volume clues. The acc/dist rating by DGO for this stock is B. Not > >max > > > accumlation but > > > getting there. Starting in beginning of Sept there were vol spikes > > > coinciding with up days. > > > I'm wondering if these are volume clues like Greg Kuhn was talking about. > > > RS for the stock > > > is 95 while the top stocks in the group have already been solid 99's with > > > the group RS being > > > 98. So this stock might be playing catch up. Now after looking at BCF the > > > more I like it. > > > It looks like a low risk intermediate term stock. It's beta is 1.38. It > > > doesn't appear to have been > > > more than mildly affected by the sharp turns the market has been taking > >the > > > past year. I think > > > I've almost talked myself into buying this stock. I'll watch it closely > > > over the next two days and > > > probably keep it on my watch list for a few weeks. Thanks for the > > > suggestion Gary. I also > > > look forward to any agreement/disagreement about my opinion on BCF. > > > > > > DougC > > > > > > > > > > > > At 10:30 PM 2/21/01 -0500, you wrote: > > > >I got this one from www.stockmaster.com . There is a guru analysis > >section > > > >and you can select W. O'Neil. At this point, I see a cup (April - Sept), > >a > > > >handle (Sept- Dec) followed by a raise (Dec - Jan1) and then > >consolidation > > > >(Jan1 - Now). > > > > > > > >I figure I should be waiting for a raise in volume and a breakout but, > > > > > > > >1) Am I too late? > > > >2) I am concerned because the company has not been doing well (Should > >that > > > >be a concern?) > > > > > > > >Thanks > > > > Gary > > > > > > > > > > > > > > > >- > > > > > > > > > - > > > > > > > > > > > >- > > > - > - - ------------------------------ Date: Sat, 3 Mar 2001 21:06:05 -0500 From: Robert Subject: [CANSLIM] Acc/Dis Numbers Here are the latest Acc/Dis numbers: Date A B C D E AB/A:E %E 2/21/01 1123 2602 1121 801 245 63% 4% 2/22/01 1081 2560 1124 820 276 62% 5% 2/23/01 996 2485 1161 868 307 60% 5% 2/26/01 911 2455 1192 913 335 58% 6% 2/27/01 882 2413 1819 954 354 51% 6% 2/28/01 934 2448 1194 914 317 58% 5% 3/1/01 911 2442 1189 938 321 58% 6% 3/2/01 878 2413 1185 953 351 57% 6% Spread sheet version Date,A,B,C,D,E,AB/A:E,%E 2/21/01,1123,2602,1121,801,245,63%,4% 2/22/01,1081,2560,1124,820,276,62%,5% 2/23/01,996,2485,1161,868,307,60%,5% 2/26/01,911,2455,1192,913,335,58%,6% 2/27/01,882,2413,1819,954,354,51%,6% 2/28/01,934,2448,1194,914,317,58%,5% 3/1/01,911,2442,1189,938,321,58%,6% 3/2/01,878,2413,1185,953,351,57%,6% Robert _________________________________________________________ Do You Yahoo!? Get your free @yahoo.com address at http://mail.yahoo.com - - ------------------------------ Date: Sat, 3 Mar 2001 21:29:24 -0500 From: "Gary W. Horan Jr." Subject: Re: [CANSLIM] bcf Opinions, M, M, M!! Thanks again. - ----- Original Message ----- From: "esetser" To: Sent: Thursday, February 22, 2001 9:40 PM Subject: Re: [CANSLIM] bcf Opinions, M, M, M!! > Whoops, I meant "not" buy this stock right now. > > At 07:00 PM 2/22/01 -0700, you wrote: > >I guess I should respond to one of these questions. Based on my > >interpretation of CANSLIM, (or sometimes referred to herein at MANSLIC to > >put the most important part first!), I believe you should buy this stock > >right now... or any stock right now. I only wonder why I didn't take my > >profits on my 2 remaining holdings a few days ago!! I don't see anything > >in M to make me think new purchases now are a good idea. To be more > >specific, we have taken out near-term lows on both the NAS and S&P in the > >last 2 days. Maybe a short candidate or two would work?? > > > > > >At 10:30 PM 2/21/01 -0500, you wrote: > >>I got this one from www.stockmaster.com . There is a guru analysis section > >>and you can select W. O'Neil. At this point, I see a cup (April - Sept), a > >>handle (Sept- Dec) followed by a raise (Dec - Jan1) and then consolidation > >>(Jan1 - Now). > >> > >>I figure I should be waiting for a raise in volume and a breakout but, > >> > >>1) Am I too late? > >>2) I am concerned because the company has not been doing well (Should that > >>be a concern?) > >> > >>Thanks > >> Gary > >> > >> > >> > >>- > >> > >> > >> > > > >- > > > > > > > > - > - - ------------------------------ Date: Sat, 3 Mar 2001 21:31:06 EST From: Spencer48@aol.com Subject: Re: [CANSLIM] Oct 31, 1996 Ditto, Tom. I appreciate your information and your analyses. jan - - ------------------------------ Date: Sat, 3 Mar 2001 21:38:49 EST From: Spencer48@aol.com Subject: [CANSLIM] Re. Oct 31, 1996 Ditto, Tom. I appreciate your information, analyses, and responses to questions asked about CANSLIM and the markets. jans - - ------------------------------ Date: Sat, 3 Mar 2001 21:54:58 -0500 From: "Ann Hollingworth" Subject: RE: [CANSLIM] Worth thinking about Bill, there's that sense of humor of yours again (the sprinklers!). Yes, the paper may be buried under the snow. I don't see its outline, though. I know IBD is helpful about extending my subscription, but it's that I wanted to see Friday's issue because of the Weekend Review. I just got my renewal notice, and my husband is wanting me to not spend money needlessly, so I am in a quandry. I can't imagine not having IBD. I think I like the website even more than the paper! Ann Hollingworth Reading Recovery Teacher Massachusetts - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Bill Triffet Sent: Saturday, March 03, 2001 6:56 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] Worth thinking about Ann, I don't see a link for archived articles. Perhaps something they should add. As far as your missed delivery, I'd call them up or use the website link for customer service. I've had some spotty service in the past (not any more). They've been great about re-delivering the issue and extending your subsription by one day. That also includes wet papers caused by my sprinklers. (g) - -Bill Triffet - ----- Original Message ----- From: "Ann Hollingworth" To: Sent: Saturday, March 03, 2001 2:53 PM Subject: RE: [CANSLIM] Worth thinking about > I subscribe to IBD, but my Friday issue didn't arrive. Is there any way to > go back to the Fri. issue on the website? > > Ann Hollingworth > Reading Recovery Teacher > Massachusetts > > -----Original Message----- > From: owner-canslim@lists.xmission.com > [mailto:owner-canslim@lists.xmission.com]On Behalf Of Bill Triffet > Sent: Saturday, March 03, 2001 3:19 PM > To: canslim@lists.xmission.com > Subject: Re: [CANSLIM] Worth thinking about > > Ton, > > Well then maybe there's hope! (g) > In Fridays Investors Corner the topic was, " Earnings Don't Add Up As Market > Indicator". Goes on to say in 1990 earnings fell from year ago levels. But > (and a big but IMHO), investor bearish sentiment shot up to 56%. I realize > this may mean nothing in todays fast paced markets or could be somthing. I > don't know. > > This is all a real learning experience for me. Being a post 1992 investor I > have no real experience (unlike those baby faced anylists on tv) with what a > real bottom going into a real start of a new bull looks like other than what > I read. It will be interesting to see how it unfolds. Will it be a tricle > out of defensive to high growth or a mad rush? With so much information > available now it seems that every move is countered with an equal reversal. > > Time will tell... > > -Bill Triffet > > - > > - - - - ------------------------------ Date: Sat, 3 Mar 2001 21:59:10 -0500 From: "Ann Hollingworth" Subject: RE: [CANSLIM] Size of company Dave, Do these tapes go beyond WON's books? If so, how do you get them? Ann Hollingworth Reading Recovery Teacher Massachusetts - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Dave Cameron Sent: Saturday, March 03, 2001 8:34 PM To: canslim@lists.xmission.com Subject: [CANSLIM] Size of company I should point out that in both my edition of HTMMIS and the O'Neil tapes that I have, WON mentions (both in the 'S' and the 'I' part) a couple of things. - - ------------------------------ Date: Sat, 3 Mar 2001 22:03:47 -0500 From: "Ann Hollingworth" Subject: RE: [CANSLIM] Worth thinking about Sorry, all: I meant to send that last message to Bill individually. Ann Hollingworth Reading Recovery Teacher Massachusetts - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Ann Hollingworth Sent: Saturday, March 03, 2001 9:55 PM To: canslim@lists.xmission.com Subject: RE: [CANSLIM] Worth thinking about Bill, there's that sense of humor of yours again (the sprinklers!). To: canslim@lists.xmission.com Subject: Re: [CANSLIM] Worth thinking about - - ------------------------------ Date: Sat, 03 Mar 2001 16:30:00 -0700 From: Ben Heffer Subject: RE: [CANSLIM] Worth thinking about At 05:53 PM 3/3/01 -0500, you wrote: >I subscribe to IBD, but my Friday issue didn't arrive. Is there any way to >go back to the Fri. issue on the website? Not that I've found. Write to IBD and see if they'll start archiving it. Ben - - ------------------------------ Date: Sat, 3 Mar 2001 17:56:10 -0800 From: "Mike Lucero" Subject: Re: [CANSLIM] Adjustments on open orders This is a multi-part message in MIME format. - ------=_NextPart_000_0066_01C0A40B.3B1855E0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Another thing to remember is to keep track of when a split is due, and = don't change your stop after the market closes! Example: You have a stop to sell 100 shares at $100. It's splitting 2/1, = and the next day the stop would be 200 at $50. Say you didn't know it = was splitting and wanted to adjust your stop to $110. If you do it = before the market closes, everything will be adjusted for you. If you do = it that evening (at least at Schwab), I believe your change will = supercede the automatic adjustment, and in the morning you will end up = selling 100 shares at the market, because the stock price has now fallen = below your stop price. This happened to me 3 or 4 times before I figured = out why. Mike ----- Original Message -----=20 From: Tom Worley=20 To: CANSLIM=20 Sent: Thursday, March 01, 2001 6:57 PM Subject: [CANSLIM] Adjustments on open orders I learned something today, when I complained to Schwab that they had = not adjusted all my open orders following a stock split. Those of you = using GTC orders should note this if you don't already know it (and I = didn't even with all my years in the business) if your orders are on a = stock that announces a split. Bottom line is that you may have to go in yourself and adjust your = open order for either or both of the quantity or price limit. The Exchanges will adjust open orders as follows:=20 NYSE, PSE (Pacific Stock Exchange) & NASDAQ: The quantity (number of = shares) and the order price are adjusted on buy limit and sell stop = orders for both round and mixed lots. The shares of round lots are = increased in round lots only. All odd-lot orders are canceled. Sell = limits and buy stops on round and mixed lots are not adjusted for shares = or price.=20 Buy Limits and Sell Stops: The shares of round lot orders are = increased to round lots only. For example, an order for 300 shares = having a 2 for 1 split will be increased to 600 shares and the limit = price will be reduced by one half (1/2). However, an order for 300 = shares having a 3 for 2 split would be eligible for an additional 150 = shares but will be increased to 400 shares and the limit price will be = reduced by one third (1/3). Mixed Lots: The shares of mixed lots are increased in odd amounts, = rounding down to the next lowest whole share (i.e. an order for 167 = shares having a 3 for 2 split is due 83.5 additional shares. The order = is increased by 83 shares, to 250 shares, rather than 250.5 shares).=20 Note: The NASDAQ policy is the same as the NYSE with one exception: = on open buy limit/sell stop orders, the shares of mixed and round lots = are adjusted to round lots only, rounding down to the nearest full lot. AMEX (ASE): All order types are adjusted for price only, including odd = lots. The share quantity of an order is not adjusted on the ASE. MWSE (Mid West Stock Exchange): All order types are adjusted by the = NYSE rules. Orders of odd lots are canceled. Tom Worley stkguru@netside.net ICQ # 5568838 =20 - ------=_NextPart_000_0066_01C0A40B.3B1855E0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Another thing to remember is to keep = track of when=20 a split is due, and don't change your stop after the market = closes!
 
Example: You have a stop to sell 100 = shares at=20 $100. It's splitting 2/1, and the next day the stop would be 200 at $50. = Say you=20 didn't know it was splitting and wanted to adjust your stop to $110. If = you do=20 it before the market closes, everything will be adjusted for you. If you = do it=20 that evening (at least at Schwab), I believe your change will supercede = the=20 automatic adjustment, and in the morning you will end up selling 100 = shares at=20 the market, because the stock price has now fallen below your stop = price. This=20 happened to me 3 or 4 times before I figured out why.
 
Mike
----- Original Message -----
From:=20 Tom = Worley=20
To: CANSLIM
Sent: Thursday, March 01, 2001 = 6:57=20 PM
Subject: [CANSLIM] Adjustments = on open=20 orders

I learned something today, when I complained to = Schwab that=20 they had not adjusted all my open orders following a stock split. = Those of you=20 using GTC orders should note this if you don't already know it (and I = didn't=20 even with all my years in the business) if your orders are on a stock = that=20 announces a split.
 
Bottom line is that you may have to go in yourself = and=20 adjust your open order for either or both of the quantity or price=20 limit.
 
The Exchanges will adjust open orders as follows:=20

NYSE, PSE (Pacific Stock Exchange) & = NASDAQ: The=20 quantity (number of shares) and the order price are adjusted on buy = limit and=20 sell stop orders for both round and mixed lots.  The shares of = round lots=20 are increased in round lots only.  All odd-lot orders are = canceled. =20 Sell limits and buy stops on round and mixed lots are not adjusted for = shares=20 or price.

Buy Limits and Sell Stops: The = shares of=20 round lot orders are increased to round lots only.  For example, = an order=20 for 300 shares having a 2 for 1 split will be increased to 600 shares = and the=20 limit price will be reduced by one half (1/2).  However, an order = for 300=20 shares having a 3 for 2 split would be eligible for an additional 150 = shares=20 but will be increased to 400 shares and the limit price will be = reduced by one=20 third (1/3).

Mixed Lots: The shares of mixed = lots are=20 increased in odd amounts, rounding down to the next lowest whole share = (i.e.=20 an order for 167 shares having a 3 for 2 split is due 83.5 additional=20 shares.  The order is increased by 83 shares, to 250 shares, = rather than=20 250.5 shares).

 Note:  The NASDAQ policy is the same = as the=20 NYSE with one exception: on open buy limit/sell stop orders, the = shares of=20 mixed and round lots are adjusted to round lots only, rounding down to = the=20 nearest full lot.

AMEX (ASE): All order types = are=20 adjusted for price only, including odd lots.  The share quantity = of an=20 order is not adjusted on the ASE.

MWSE (Mid West Stock=20 Exchange): All order types are adjusted by the NYSE = rules. =20 Orders of odd lots are canceled.

Tom Worley
stkguru@netside.net
ICQ #=20 5568838
 
 
- ------=_NextPart_000_0066_01C0A40B.3B1855E0-- - - ------------------------------ Date: Sat, 3 Mar 2001 23:55:55 -0500 From: "Tom Worley" Subject: [CANSLIM] DGO List - Part One This is a multi-part message in MIME format. - ------=_NextPart_000_009F_01C0A43D.7D7D5520 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Well, another dismal week for NASDAQ, down a further 6.3%, but the = Russell 2000 held up well considering, down something like 0.12% for the = week. And the DOW actually gained a little for the week. S&P500 was = down less than 1%. Economic reports suggest to me that the slowdown has = bottomed, consumer spending is starting to pick up, as is manufacturing = activity. It's clear now, as I suggested a week or so ago, that the Feds = will not be cutting rates before the next meeting March 20. Market hopes = dashed, never understood why they were so high in the first place = (expectations of a half point cut before the meeting, pleeezzzeee!). = Investor sentiment did not get as low as I would have liked, but = consumer sentiment definitely appears heading back up. I still expect a = soft landing, with growth only briefly touching zero, and a recession = never being quite reached. The overall list of stocks in the Daily Graphs books with an RS and a = EPS of both 80 or better as of Friday, and within a 12 month high during = the prior week, totaled 218 this Friday. That's stable from the total of = 216 last week. Before that it was 256, 246 and 221. This review of the = overall list is solely intended to identify stocks with good CANSLIM = qualities that are showing some kind of constructive basing formation. = The idea is to present some candidates for member's watch list, not to = suggest they are presently a "buy" candidate. No due diligence has been = done. As always, my shorthand notation is Bx where "B" means a base of "x" = weeks, IMO TRR, NVR - both look to be LLUR that may have gotten ahead of = themselves, or been unduly influenced by market volatility SKX - after a sharp selloff on 2/9, consolidated and made a nice = recovery, hitting a new high 2/26. May be trying to form a handle, but = volume still too high EPIQ - it's rare for one of my holdings, esp a core holding, to appear = here. But I liked the chart before I looked at the symbol. Nice recovery = after dipping below the 50 DMA (but not quite close enough to my buy = limit to replace the half position I had sold, arrrggghhhh!!) Worth = noting that new legislation passed the House, and expected to be = approved by the Senate and signed by the Prez, to restrain Chapter 7 = filings by individuals. This may cut into their core business (software = for bankruptcy trustees). WARNING: lower priced, and definitely = microcap. DISCLOSURE: I still own a half position, and may buy more, = bankruptcy is still a growth industry. CHCS - weird pattern, any comments? cup w/handle, but handle failing on = volume?, but recovering on less volume Friday? TARO - 2 week consolidation, volume dropping CEFT - weak double bottom, volume increased to the upside on Friday JOSB - B5, low priced APL - B3, nice recovery UCBH - B3 DORL - LLUR SRCL - handle on the cup CP - B3 BBBY - rolling over, or B5?? DCS - B2 PPDI - tolerable cup with B3 handle IBKC - B3 AGMA - B3?, WARNING - no liquidity or trading volume Tom Worley stkguru@netside.net ICQ # 5568838 =20 - ------=_NextPart_000_009F_01C0A43D.7D7D5520 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Well, another dismal week for NASDAQ, down a further = 6.3%, but=20 the Russell 2000 held up well considering, down something like 0.12% for = the=20 week. And the DOW actually gained a little for the week.  = S&P500 was=20 down less than 1%. Economic reports suggest to me that the slowdown has=20 bottomed, consumer spending is starting to pick up, as is manufacturing=20 activity. It's clear now, as I suggested a week or so ago, that the Feds = will=20 not be cutting rates before the next meeting March 20. Market hopes = dashed,=20 never understood why they were so high in the first place (expectations = of a=20 half point cut before the meeting, pleeezzzeee!). Investor sentiment did = not get=20 as low as I would have liked, but consumer sentiment definitely appears = heading=20 back up. I still expect a soft landing, with growth only briefly = touching zero,=20 and a recession never being quite reached.
 
The overall list of stocks in the Daily Graphs books = with an=20 RS and a EPS of both 80 or better as of Friday, and within a 12 month = high=20 during the prior week, totaled 218 this Friday. That's stable from the = total of=20 216 last week. Before that it was 256, 246 and 221. This review of the = overall=20 list is solely intended to identify stocks with good CANSLIM qualities = that are=20 showing some kind of constructive basing formation. The idea is to = present some=20 candidates for member's watch list, not to suggest they are presently a = "buy"=20 candidate. No due diligence has been done.
 
As always, my shorthand notation is Bx where "B" = means a base=20 of "x" weeks, IMO
 
TRR, NVR - both look to be LLUR that may have gotten = ahead of=20 themselves, or been unduly influenced by market volatility
SKX - after a sharp selloff on 2/9, consolidated and = made a=20 nice recovery, hitting a new high 2/26. May be trying to form a handle, = but=20 volume still too high
EPIQ - it's rare for one of my holdings, esp a core = holding,=20 to appear here. But I liked the chart before I looked at the symbol. = Nice=20 recovery after dipping below the 50 DMA (but not quite close enough to = my buy=20 limit to replace the half position I had sold, arrrggghhhh!!) Worth = noting that=20 new legislation passed the House, and expected to be approved by the = Senate and=20 signed by the Prez, to restrain Chapter 7 filings by individuals. This = may cut=20 into their core business (software for bankruptcy trustees). WARNING: = lower=20 priced, and definitely microcap. DISCLOSURE: I still own a half = position, and=20 may buy more, bankruptcy is still a growth industry.
CHCS - weird pattern, any comments? cup w/handle, = but handle=20 failing on volume?, but recovering on less volume Friday?
TARO - 2 week consolidation, volume = dropping
CEFT - weak double bottom, volume increased to the = upside on=20 Friday
JOSB - B5, low priced
APL - B3, nice recovery
UCBH - B3
DORL - LLUR
SRCL - handle on the cup
CP - B3
BBBY - rolling over, or B5??
DCS - B2
PPDI - tolerable cup with B3 handle
IBKC - B3
AGMA - B3?, WARNING - no liquidity or trading=20 volume

Tom Worley
stkguru@netside.net
ICQ #=20 5568838
 
 
- ------=_NextPart_000_009F_01C0A43D.7D7D5520-- - - ------------------------------ Date: Sun, 4 Mar 2001 00:47:52 EST From: Vanchee1@aol.com Subject: Re: [CANSLIM] DGO List - Part One - --part1_b5.7e0535e.27d33108_boundary Content-Type: text/plain; charset="US-ASCII" Content-Transfer-Encoding: 7bit Tom, took a quick look at the list, I like CP the best. If it drops down to close the gap at about 34 will buy some. CHCS seems a little high for a retail apparel stock and seems to have major resistance around the 40 price range, I would guess this one wont break about 41 for a long time. Glad to see 1 of my seven stocks on the list, I say in about 4 weeks we will see 3 or 4. Chris. - --part1_b5.7e0535e.27d33108_boundary Content-Type: text/html; charset="US-ASCII" Content-Transfer-Encoding: 7bit Tom, took a quick look at the list, I like CP the best. If it drops down to
close the gap at about 34 will buy some. CHCS seems a little high for a
retail apparel stock and seems to have major resistance around the 40 price
range, I would guess this one wont break about 41 for a long time. Glad to
see 1 of my seven stocks on the list, I say in about 4 weeks we will see 3 or
4.

Chris. - --part1_b5.7e0535e.27d33108_boundary-- - - ------------------------------ Date: Sun, 4 Mar 2001 08:20:46 -0500 From: "Tom Worley" Subject: [CANSLIM] DGO List - Part Two This is a multi-part message in MIME format. - ------=_NextPart_000_0063_01C0A484.04476500 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable HP - B3 PFGC - nice double bottom completed BRO - B3 BSYS - cup completed AAS - B3 COCO - B5 PDS - B3 HTHR - B8 NFB - B10 WAG - two week handle on a nice triple bottom RCGI - B7 MAXS - B4+ FFBK - B3 SNV - B5 TSS - B4 FRC - B8 EV - B7 FNFG - B4+ BBT - B8 KMP - B3 FSRV - B5 CFFN - B7 MKC - B3 CNI - B4+ HSY - B3 JCI - B3+ ABM - B3 Overall, seemed subjectively like bases are getting longer, and tighter. = Considering the state of "M", I tended to be more critical in this = week's review, and yet saw a lot of constructive bases. A looser = scrutiny would have made this list much longer. There are still a lot of = banks on the list, but also saw an increased number of oil exploration = and service companies, and a few techs. Happy hunting, Tom Worley stkguru@netside.net ICQ # 5568838 - ------=_NextPart_000_0063_01C0A484.04476500 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
HP - B3
PFGC - nice double bottom completed
BRO - B3
BSYS - cup completed
AAS - B3
COCO - B5
PDS - B3
HTHR - B8
NFB - B10
WAG - two week handle on a nice triple = bottom
RCGI - B7
MAXS - B4+
FFBK - B3
SNV - B5
TSS - B4
FRC - B8
EV - B7
FNFG - B4+
BBT - B8
KMP - B3
FSRV - B5
CFFN - B7
MKC - B3
CNI - B4+
HSY - B3
JCI - B3+
ABM - B3
 
Overall, seemed subjectively like bases are getting = longer,=20 and tighter. Considering the state of "M", I tended to be more critical = in this=20 week's review, and yet saw a lot of constructive bases. A looser = scrutiny would=20 have made this list much longer. There are still a lot of banks on the = list, but=20 also saw an increased number of oil exploration and service companies, = and a few=20 techs.
 
Happy hunting,

Tom Worley
stkguru@netside.net
ICQ #=20 5568838
 
 
- ------=_NextPart_000_0063_01C0A484.04476500-- - - ------------------------------ Date: Sat, 3 Mar 2001 22:36:38 -0600 From: "BW Smith" Subject: [CANSLIM] To Unsubscribe How To Unsubscribe from this list: To unsubscribe from this group you must first purchase a Craft-O-Matic Adjustable Subscription Cancellation Unit. The unit can be obtained from most hardware stores and dental clinics. Be sure to obtain the proper permits to operate the unit from the Nuclear Regulatory Commission and the Food and Drug Administration in Washington D.C. USA. Be sure to carefully unpack the kit and place each component in its accompanying mesh safety bag. Mount the Pershing DF4 mesinator on top of the perforated Gerring Mach 77 refibulator and attach them using the eight-millimeter torque fork. Be sure that the refibulator is mounted at a 66-degree angle and properly dispersed so that it is flush with the curved section of the Pyrex thistle tube. Place the four sections of the triangular separation gear into the posture cylinder and lock them into place using the band-aid adhesive strip. Insert the wiggling pin into the wobbling hole, making sure that it seated correctly. Place the D cell battery and the eleven 9 volt batteries in the power chamber. The device should be calibrated before operation using the optional digital corkscrew accessory pack prior to operation. Insert the digital corkscrew through the electronic combustion service chamber using caution not to touch the reinforced tungsten igniter control module and quickly turn the inverter drive to 28.6 degrees. Turn the Craft-O-Matic Adjustable Subscription Cancellation Unit upside down and hit the bottom plate with a 48-ounce ball-peen hammer while shaking the unit vigorously. Force open the door to the incineration valve compartment and set the pressure gauge to 719 psi. Close the door and seal it shut with duct tape. The unit should now be properly calibrated and ready to use. Before activating the Craft-O-Matic Adjustable Subscription Cancellation Unit, you must first elevate it to a height of 229 feet above sea level to insure that the unit receives the proper oxygen level and barometric pressure. Point the aerial to 17 degrees north by northeast to within the parameters of the Telstar GS-2 weather satellite and apply pressure to the wing shaft on the southern most section of the modular accelerator. Using the special ratchet adapter supplied with the unit, rotate the heater core to the "on" position. The "on" position has been obtained when the green light begins to flash, signifying that the red light is about to go off. Once the red light is off, flip the toggle switch labeled "ON/OFF" to the "ON" position and count to 47 before logging on to the system. Logon using your username and password and wait for the prompt. Once prompted you must check the box with the appropriate action you wish to take and then press the pressure release button and turn off the compressor while turning the hand crank at 231 meters per minute. Next, press control, alt, delete, caps lock, shift, number lock, escape and tab simultaneously. Press enter. You will have one second to complete the procedure. If you fail to respond in the time limit allowed, simply purchase a new Craft-O-Matic Adjustable Subscription Cancellation Unit and start from the beginning. Please remember that this is the only way we will accept for you to unsubscribe from this group. We have made every attempt to simplify the procedure for your convenience. Failure to comply with the unsubscribe policy will result in immediate termination of your subscription so please follow the above directions closely. - - ------------------------------ End of canslim-digest V2 #1176 ****************************** 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.