From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #1189 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, March 8 2001 Volume 02 : Number 1189 In this issue: [CANSLIM] Stock selection in a bear market Re: [CANSLIM] Stock selection in a bear market [CANSLIM] Re: (off topic) feeling your age Re: [CANSLIM] Clearstation Re: [CANSLIM] OFF TOPIC(was averaging up/dn & tax free vs taxable acct) RE: [CANSLIM] Stock selection in a bear market RE: [CANSLIM] Mutual Funds - Cut Your Losses [CANSLIM] Age comments RE: [CANSLIM] spreadsheet of excel from qp2 data [CANSLIM] Low Lowe's opinion please Re: [CANSLIM] Clearstation Re: [CANSLIM] Clearstation Re: [CANSLIM] Mutual Funds - Cut Your Losses ---------------------------------------------------------------------- Date: Wed, 7 Mar 2001 21:41:46 EST From: Mhboatman@aol.com Subject: [CANSLIM] Stock selection in a bear market - --part1_59.7cf3bd2.27d84b6a_boundary Content-Type: text/plain; charset="US-ASCII" Content-Transfer-Encoding: 7bit As you know, this market is tough. Very hard to make a buck. Easy to lose a few bucks. Recently we were discussing stock selection methods that might offer some degree of potential profit. Someone offered the following system. Who knows, it might work, nothing else seems to lately. Entomological method (Label a bunch of roaches with ticker symbols of my favorites. Put the roaches in a circle on the floor. After 5 minutes I invest in all the 'roaches' left in the circle.) The reason I think this system may work is this. By leaving a light on, in 5 minutes, all of the roaches will have found a dark hiding place -- out side of the circle. Good advice! Howard - --part1_59.7cf3bd2.27d84b6a_boundary Content-Type: text/html; charset="US-ASCII" Content-Transfer-Encoding: 7bit As you know, this market is tough.  Very hard to make a buck.  Easy to lose a
few bucks.  

Recently we were discussing stock selection methods that might offer some
degree of potential profit.  Someone offered the following system.  Who
knows, it might work, nothing else seems to lately.

Entomological method (Label a bunch of roaches with ticker symbols of my
favorites.  Put the roaches in a circle on the floor.  After 5 minutes I
invest in all the 'roaches' left in the circle.)

The reason I think this system may work is this.  By leaving a light on, in 5
minutes, all of the roaches will have found a dark hiding place -- out side
of the circle.  

Good advice!  

Howard - --part1_59.7cf3bd2.27d84b6a_boundary-- - - ------------------------------ Date: Wed, 7 Mar 2001 20:51:46 -0600 From: "Norman" Subject: Re: [CANSLIM] Stock selection in a bear market This is a multi-part message in MIME format. - ------=_NextPart_000_0185_01C0A748.6CA4AFB0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Howard, There is also another modification I failed to mention for fear of being = ridiculed. If I subconsciously like a stock I tend to step on that = roach before it can get out of the circle. So it's not w/o it's biases = :-) Norman ----- Original Message -----=20 From: Mhboatman@aol.com=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, March 07, 2001 8:41 PM Subject: [CANSLIM] Stock selection in a bear market As you know, this market is tough. Very hard to make a buck. Easy to = lose a=20 few bucks. =20 Recently we were discussing stock selection methods that might offer = some=20 degree of potential profit. Someone offered the following system. = Who=20 knows, it might work, nothing else seems to lately.=20 Entomological method (Label a bunch of roaches with ticker symbols of = my=20 favorites. Put the roaches in a circle on the floor. After 5 minutes = I=20 invest in all the 'roaches' left in the circle.)=20 The reason I think this system may work is this. By leaving a light = on, in 5=20 minutes, all of the roaches will have found a dark hiding place -- out = side=20 of the circle. =20 Good advice! =20 Howard=20 - ------=_NextPart_000_0185_01C0A748.6CA4AFB0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Howard,
 
There is also another modification I failed to mention for fear of = being=20 ridiculed.  If I subconsciously like a stock I tend to step on that = roach=20 before it can get out of the circle.  So it's not w/o it's biases = :-)
 
Norman
 
----- Original Message -----
From:=20 Mhboatman@aol.com
To: canslim@lists.xmission.com=
Sent: Wednesday, March 07, 2001 = 8:41=20 PM
Subject: [CANSLIM] Stock = selection in a=20 bear market

As you = know, this=20 market is tough.  Very hard to make a buck.  Easy to lose a =
few=20 bucks.  

Recently we were discussing stock selection = methods that=20 might offer some
degree of potential profit.  Someone offered = the=20 following system.  Who
knows, it might work, nothing else = seems to=20 lately.

Entomological method (Label a bunch of roaches = with ticker=20 symbols of my
favorites.  Put the roaches in a circle on the = floor.=20  After 5 minutes I
invest in all the 'roaches' left in the=20 circle.)

The reason I think this system may work = is this.=20  By leaving a light on, in 5
minutes, all of the roaches will = have=20 found a dark hiding place -- out side
of the circle.   =

Good=20 advice!  

Howard = - ------=_NextPart_000_0185_01C0A748.6CA4AFB0-- - - ------------------------------ Date: Wed, 7 Mar 2001 21:04:57 -0600 From: "The Curry's" Subject: [CANSLIM] Re: (off topic) feeling your age This is a multi-part message in MIME format. - ------=_NextPart_000_0110_01C0A74A.43E259E0 Content-Type: text/plain; charset="Windows-1252" Content-Transfer-Encoding: quoted-printable Tom, I hope you feel better after your 2 days off. Yes, I can see how = you would feel old if you're having serious health problems - and I = know you work long hours too. We all appreciate the time you put in = here sharing with us.=20 ( And notice in my e-mail I wrote, "I think of myself as 25ish" , not = "I feel 25"!) All the best, Patti - ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, March 07, 2001 8:30 PM Subject: Re: [CANSLIM] averaging up/dn & tax free vs taxable acct Sorry Patti, if I base it on how I feel, then it's closer to 80! I = just took two days vacation (so I will be haunting this group during = market hours the rest of the week) on no notice because the stress got = too much and my heart valve stress indicator set off alarms. It's = probably been my most frustrating and difficult week in years. Gotta = step away from the job for a bit and do something more fun like watching = the markets go up and down. And believe me, when you try teaching yourself to program on a 300 = baud acoustic coupler modem, you age quickly. Tom Worley stkguru@netside.net ICQ # 5568838 ----- Original Message -----=20 From: The Curry's=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, March 07, 2001 7:19 PM Subject: Re: [CANSLIM] averaging up/dn & tax free vs taxable acct Tom, long ago when you said you were old, I figured 60+! Now that I = know you are 53, to my thinking you are still relatively young. Please = quit referring to yourself as old and remember you are as young as you = feel. I just turned 50 and I still think of myself as 25ish. ;-)) = - --Patti - ------=_NextPart_000_0110_01C0A74A.43E259E0 Content-Type: text/html; charset="Windows-1252" Content-Transfer-Encoding: quoted-printable
Tom, I hope you feel better after = your 2 days=20 off.  Yes, I can see how you would feel old if you're having = serious health=20 problems  - and I know you work long hours too.  We all = appreciate the=20 time you put in here sharing with us. 
 
( And  notice in my e-mail I = wrote, "I=20 think of myself as 25ish" , not "I feel 25"!)
 
All the best, Patti
 
----- Original Message -----
From:=20 Tom = Worley=20
To: canslim@lists.xmission.com =
Sent: Wednesday, March 07, 2001 = 8:30=20 PM
Subject: Re: [CANSLIM] = averaging up/dn=20 & tax free vs taxable acct

Sorry Patti, if I base it on how I feel, then it's = closer to=20 80!  I just took two days vacation (so I will be haunting this = group=20 during market hours the rest of the week) on no notice because the = stress got=20 too much and my heart valve stress indicator set off alarms. It's = probably=20 been my most frustrating and difficult week in years. Gotta step away = from the=20 job for a bit and do something more fun like watching the markets go = up and=20 down.
 
And believe me, when you try teaching yourself to = program on=20 a 300 baud acoustic coupler modem, you age quickly.

Tom Worley
stkguru@netside.net
ICQ #=20 5568838
 
 
----- Original Message -----
From:=20 The = Curry's=20
To: canslim@lists.xmission.com =
Sent: Wednesday, March 07, = 2001 7:19=20 PM
Subject: Re: [CANSLIM] = averaging up/dn=20 & tax free vs taxable acct

Tom, long ago when you said you = were old, I=20 figured 60+! Now that I know you are 53, to my thinking you are = still=20 relatively young.  Please quit referring to yourself as = old and=20 remember you are as young as you feel.  I just turned 50 and I = still=20 think of myself as 25ish.  ;-))    =20 --Patti
- ------=_NextPart_000_0110_01C0A74A.43E259E0-- - - ------------------------------ Date: Wed, 07 Mar 2001 20:09:15 -0800 From: Dan Subject: Re: [CANSLIM] Clearstation Now, Earl, how do I access the comment, reasons for, that are present when one "buys"? Dan esetser wrote: > After you log in, select recommend, then type in "esetser" where it says > "looking for a recommend list? Enter member name here". If you want to > watch what I'm doing, just select subscribe, and it will send you an email > each time I trade. Right now, I'm long only ASHW, so it's not very > interesting!! > > At 07:50 PM 3/6/01 -0800, you wrote: > >Earl, > > > >Please tell me how to get to your portfolio in clearstation. I do not > >know the site and after I am logged in, I do not see a path. > > > >Dan > > > >esetser wrote: > > > >> esetser is my name there and most places. > >> > >> At 07:32 AM 3/6/01 -0800, you wrote: > >> >Earl, what name do you use on clearstation? > >> >Tony > >> >--- esetser wrote: > >> >> Or, you could chose to post your picks elsewhere for > >> >> those that are > >> >> interested. I put my portfolio on Clearstation, so > >> >> anyone from this group > >> >> that is interested can check on it, or even > >> >> subscribe to it. I think > >> >> that's a good way to share for those who are > >> >> interested. > >> > > >> >__________________________________________________ > >> >Do You Yahoo!? > >> >Get email at your own domain with Yahoo! Mail. > >> >http://personal.mail.yahoo.com/ > >> > > >> >- > >> > > >> > > >> > > >> > >> - > > > >-- > >Dan > > > >Kibosh spam: http://spamcop.net/ > > > >http://www.corazon.org/ > > > > > > > >- > > > > > > > > - - -- Dan Kibosh spam: http://spamcop.net/ http://www.corazon.org/ - - ------------------------------ Date: Wed, 7 Mar 2001 22:11:35 -0600 From: "walter nusbaum" Subject: Re: [CANSLIM] OFF TOPIC(was averaging up/dn & tax free vs taxable acct) This is a multi-part message in MIME format. - ------=_NextPart_000_045C_01C0A753.931F4C80 Content-Type: text/plain; charset="Windows-1252" Content-Transfer-Encoding: quoted-printable ----- Original Message -----=20 From: The Curry's=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, March 07, 2001 6:19 PM Subject: Re: [CANSLIM] averaging up/dn & tax free vs taxable acct Tom, long ago when you said you were old, I figured 60+! Now that I = know you are 53, to my thinking you are still relatively young. Please = quit referring to yourself as old and remember you are as young as you = feel. I just turned 50 and I still think of myself as 25ish. ;-)) = - --Patti And remember, you don't quit playing because you grow old; you grow = old because you quit playing.=20 Best wishes, Walt - ------=_NextPart_000_045C_01C0A753.931F4C80 Content-Type: text/html; charset="Windows-1252" Content-Transfer-Encoding: quoted-printable
 
----- Original Message -----
From:=20 The = Curry's
Sent: Wednesday, March 07, 2001 = 6:19=20 PM
Subject: Re: [CANSLIM] = averaging up/dn=20 & tax free vs taxable acct

Tom, long ago when you said you were = old, I=20 figured 60+! Now that I know you are 53, to my thinking you are still=20 relatively young.  Please quit referring to yourself as old = and=20 remember you are as young as you feel.  I just turned 50 and I = still=20 think of myself as 25ish.  ;-))    =20 --Patti
 
And remember, you don't quit playing because you = grow old;=20 you grow old because you quit = playing. 
Best wishes,
Walt
 
- ------=_NextPart_000_045C_01C0A753.931F4C80-- - - ------------------------------ Date: Wed, 7 Mar 2001 23:15:10 -0500 From: Surindra Subject: RE: [CANSLIM] Stock selection in a bear market This is a multi-part message in MIME format. - ------=_NextPart_000_0032_01C0A75C.74EB9580 Content-Type: text/plain; charset="us-ascii" Content-Transfer-Encoding: 7bit It is easy, Keep shorting and make money during tough times.... (wish i did this) regards surindra -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Mhboatman@aol.com Sent: Wednesday, March 07, 2001 9:42 PM To: canslim@lists.xmission.com Subject: [CANSLIM] Stock selection in a bear market As you know, this market is tough. Very hard to make a buck. Easy to lose a few bucks. Recently we were discussing stock selection methods that might offer some degree of potential profit. Someone offered the following system. Who knows, it might work, nothing else seems to lately. Entomological method (Label a bunch of roaches with ticker symbols of my favorites. Put the roaches in a circle on the floor. After 5 minutes I invest in all the 'roaches' left in the circle.) The reason I think this system may work is this. By leaving a light on, in 5 minutes, all of the roaches will have found a dark hiding place -- out side of the circle. Good advice! Howard - ------=_NextPart_000_0032_01C0A75C.74EB9580 Content-Type: text/html; charset="us-ascii" Content-Transfer-Encoding: quoted-printable
It is easy, Keep = shorting and=20 make money during tough times....
 
(wish i did=20 this)
 
regards
 
surindra
-----Original Message-----
From:=20 owner-canslim@lists.xmission.com=20 [mailto:owner-canslim@lists.xmission.com]On Behalf Of=20 Mhboatman@aol.com
Sent: Wednesday, March 07, 2001 9:42=20 PM
To: canslim@lists.xmission.com
Subject: = [CANSLIM] Stock=20 selection in a bear market

As you know, this market is = tough.=20  Very hard to make a buck.  Easy to lose a
few bucks. =  =20

Recently we were discussing stock selection methods that might = offer=20 some
degree of potential profit.  Someone offered the = following=20 system.  Who
knows, it might work, nothing else seems to = lately.=20

Entomological method (Label a bunch of roaches = with ticker=20 symbols of my
favorites.  Put the roaches in a circle on the = floor.=20  After 5 minutes I
invest in all the 'roaches' left in the=20 circle.)

The reason I think this system may work = is this.=20  By leaving a light on, in 5
minutes, all of the roaches will = have=20 found a dark hiding place -- out side
of the circle.   =

Good=20 advice!  

Howard =
- ------=_NextPart_000_0032_01C0A75C.74EB9580-- - - ------------------------------ Date: Wed, 7 Mar 2001 22:33:34 -0600 From: "John Adair" Subject: RE: [CANSLIM] Mutual Funds - Cut Your Losses There is usually a penalty for getting out of funds early. How do you figure that in calculating your 8% stop. Did you say the penalty is.00075* # shares usually - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Rick Parsons Sent: Wednesday, March 07, 2001 8:18 AM To: canslim@lists.xmission.com Subject: RE: [CANSLIM] Mutual Funds - Cut Your Losses Yeah, those 10% corrections are tough to call. There is no perfect way to handle every situation that comes up. But the bottom line is, in my humble opinion, that one should not allow a large loss to occur. Rick - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of esetser Sent: Tuesday, March 06, 2001 8:39 PM To: canslim@lists.xmission.com Subject: RE: [CANSLIM] Mutual Funds - Cut Your Losses But what about all the times the market corrects 8-10% and then moves up? How do you know when to get back in? In the case of a single stock, you call it a failure and move on. But it's much less clear-cut in funds, IMHO. At 12:36 PM 3/2/01 -0500, you wrote: >Regarding "but a mutual fund is the market, or a >market sector, and the market isn't going away, your fund should >always recover once the market does.." > >Yes the fund will recover...eventually. But at what price? For example, if >it is a tech fund down 40%, it has to recover 66% just to get back to it's >highs. And how long will that take? 2 or 3 years? > >Mutual Funds can be bought and sold by using a mental stop or have your >charting software give you an alert when you hit your set stop. The stop >should be no more than 8% or 10% below your buy point. Cut your losses. >This is the only way you can win. No one wants to or should put up with a >40% or more loss. > >Imagine if one sold at the 8% mental stop. Now when the fund is down 40%, >reinvest the money. Then what would your situation be like in 2 or 3 years? >You will be up 66% (minus your 8% or 10% stop loss), not just even to where >you were 2 or 3 years ago. > >This is not market timing. This is simply cutting your losses. The fund >tells you what to do. > >Buy and hold is market propaganda. Sure it works great in bull markets but >not in this current market. > > >Rick > > - - - - - - ------------------------------ Date: Wed, 7 Mar 2001 20:37:19 -0800 (PST) From: Dave Cameron Subject: [CANSLIM] Age comments If I recall correctly, Tom says he started investing 42 years ago. So... he's old in terms of experience. As far as his other "old" comments... well, we'll just have to learn to humor him ! Seriously, I think where we get the value is from his breadth of markets. I have been investing for 9 years, I haven't seen the variety of sector rotations, market trends, etc. that Tom has. I value his historical perspective of the 40 years (30 as an adult), and the fact that he tends to have some vague idea what Greenspan means but isn't trying to say... __________________________________________________ Do You Yahoo!? Get email at your own domain with Yahoo! Mail. http://personal.mail.yahoo.com/ - - ------------------------------ Date: Wed, 7 Mar 2001 22:41:11 -0600 From: "John Adair" Subject: RE: [CANSLIM] spreadsheet of excel from qp2 data Have you been successful getting the setup sequence I listed below. The spreadsheet wont work without it. I have just added my needs to the vb program supplied in qp2. let me know if you can maneuver the sequence listed below. Then I will give you my addons and help you develop your own to fit your needs. It would not make sence or work without making the dll connection then it works well. - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of esetser Sent: Tuesday, March 06, 2001 9:10 PM To: canslim@lists.xmission.com Subject: RE: [CANSLIM] spreadsheet of excel from qp2 data I think we still have the capability to post files on the xmission ftp server. You should be able to find instructions at: http://www.xmission.com/~mcjathan/canslim/canslim.htm At 08:45 PM 3/6/01 -0600, you wrote: > I don’t mind sharing the spreadsheet code If some one will >tell me how to cram it into the xmission. I think it would be better if we >took it in a stepwise fashion. You have to set up excel to receive the dll >file. The sequence is complicated the first time it is used. If you can get >to the part you click on qp2com.xla the complicated part is over. Open >excel/tools/addins/browse/qp2data/excel(DON’T GET CONFUSED HERE YOU >WILL HAVE QP2DATA IN THE LOOKIN BOX/qp2com.xla Now you are setup each time >you start thereafter I then open a spreadsheet in excel /qp2data/excel/ >price data.xls Enter the stock you want to evaluate into cell A1 >press ENTER and you will immediately get 532 days of data. (If I >haven’t lost everyone ) One then is able to add to this spreadsheet >and may import any data in qp2 database at the same time. For those hardy >souls interested let me know and I will parcel out the additional at >intervals. It is really a very different way of looking at stocks from >graphs. You get exact numbers and percentages and numerical relationships . >I feel more comfortable with exact numbers and percentages than graphs. I >still look at graphs but only after I am satisfied the volume indicates >there Is an increasing demand.I am very conscious of woodards “Rust >and Blackspot “ -----Original Message----- > From: owner-canslim@lists.xmission.com >[mailto:owner-canslim@lists.xmission.com]On Behalf Of curtis > Sent: Tuesday, March 06, 2001 8:06 PM > To: canslim@lists.xmission.com > Subject: RE: [CANSLIM] importing from qp2 into excel John; Are you >going to share the code or a .xla file? Did you reverse engineer the >O’Neill .dll functions? Curtis -----Original Message----- > From: owner-canslim@lists.xmission.com >[mailto:owner-canslim@lists.xmission.com]On Behalf Of John Adair > Sent: Monday, March 05, 2001 10:11 PM > To: Canslim@Lists.Xmission.Com > Subject: [CANSLIM] importing from qp2 into excel <> I am developing >a spreadsheet using the dll files in quotes plus to down load about 500 >days of data on any stock in their database. I import into excel, date, >open, hi, lo, close, volume, qrs,. To this data I program the 20 day mov >of volume, 50 day mov of volume,% off the 50 day mov of volume. I >program the accumulation/dist days based on Oneals formula. I then enter >any stock in cell A1of excel and all the data instantly appear. If the >volume is not up in all columns. I consider there is not accumulation of >this stock and not worth further evaluation. Note the accumulation and the >% off hi columns are surprising . I note accumulation for months but the >volume will not be that much up I think I need to rework my formula for >this portion. Btw If you haven’t tried the dll files in quotes plus >to download data into excel you might like it. Actually any piece if data >in quotes plus may be imported into excel at the same time. I would send a >spreadsheet but I don’t think it would fit In the xmission . I >submit this for criticism and comment. - - - - ------------------------------ Date: Wed, 7 Mar 2001 21:51:32 -0800 From: "Perry Stanfield" Subject: [CANSLIM] Low Lowe's opinion please This is a multi-part message in MIME format. - ------=_NextPart_000_0056_01C0A750.C6065560 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable New MACD uptrend, an 11 month base, #1 rank in all 4 checkup = categories, although industry =3D 121/197. Worth keeping an eye on? = Popped up on Clearstation tonight. 86 90 CBB Getting pretty close to a pivot point, around 64.25? What = if anything am I missing? Should I wait for a handle off of such a = large cup? thanks=20 Perry - ------=_NextPart_000_0056_01C0A750.C6065560 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
New MACD uptrend, an 11 month base,  #1 rank in = all 4=20 checkup categories, although industry =3D 121/197.   Worth = keeping an=20 eye on?  Popped up on Clearstation tonight.
 
86 90 CBB  Getting pretty close to a pivot = point, around=20 64.25?   What if anything am I = missing?  Should I=20 wait for a handle off of such a large cup?
 
thanks
 
Perry
 
 
- ------=_NextPart_000_0056_01C0A750.C6065560-- - - ------------------------------ Date: Wed, 07 Mar 2001 23:13:06 -0700 From: esetser Subject: Re: [CANSLIM] Clearstation You can either monitor the stock comments itself or s-u-b-s-c-r-i-b-e and get the comments via email. I usually only give a brief reason for buying, but I will be glad to go into more detail via private email if you wish. Dan wrote: > Now, Earl, how do I access the comment, reasons for, that are present when one > "buys"? > > Dan > > esetser wrote: > > > After you log in, select recommend, then type in "esetser" where it says > > "looking for a recommend list? Enter member name here". If you want to > > watch what I'm doing, just select subscribe, and it will send you an email > > each time I trade. Right now, I'm long only ASHW, so it's not very > > interesting!! > > > > At 07:50 PM 3/6/01 -0800, you wrote: > > >Earl, > > > > > >Please tell me how to get to your portfolio in clearstation. I do not > > >know the site and after I am logged in, I do not see a path. > > > > > >Dan > > > > > >esetser wrote: > > > > > >> esetser is my name there and most places. > > >> > > >> At 07:32 AM 3/6/01 -0800, you wrote: > > >> >Earl, what name do you use on clearstation? > > >> >Tony > > >> >--- esetser wrote: > > >> >> Or, you could chose to post your picks elsewhere for > > >> >> those that are > > >> >> interested. I put my portfolio on Clearstation, so > > >> >> anyone from this group > > >> >> that is interested can check on it, or even > > >> >> subscribe to it. I think > > >> >> that's a good way to share for those who are > > >> >> interested. > > >> > > > >> >__________________________________________________ > > >> >Do You Yahoo!? > > >> >Get email at your own domain with Yahoo! Mail. > > >> >http://personal.mail.yahoo.com/ > > >> > > > >> >- > > >> > > > >> > > > >> > > > >> > > >> - > > > > > >-- > > >Dan > > > > > >Kibosh spam: http://spamcop.net/ > > > > > >http://www.corazon.org/ > > > > > > > > > > > >- > > > > > > > > > > > > > - > > -- > Dan > > Kibosh spam: http://spamcop.net/ > > http://www.corazon.org/ > > - - - ------------------------------ Date: Wed, 07 Mar 2001 22:43:30 -0800 From: Dan Subject: Re: [CANSLIM] Clearstation Thanks Earl, I am really just trying to figure out the site, more the mechanics than the specifics. esetser wrote: > You can either monitor the stock comments itself or s-u-b-s-c-r-i-b-e > and get the > comments via email. I usually only give a brief reason for buying, but > I will be > glad to go into more detail via private email if you wish. > > Dan wrote: > > > Now, Earl, how do I access the comment, reasons for, that are present when one > > "buys"? > > > > Dan > > > > esetser wrote: > > > > > After you log in, select recommend, then type in "esetser" where it says > > > "looking for a recommend list? Enter member name here". If you want to > > > watch what I'm doing, just select subscribe, and it will send you an email > > > each time I trade. Right now, I'm long only ASHW, so it's not very > > > interesting!! > > > > > > At 07:50 PM 3/6/01 -0800, you wrote: > > > >Earl, > > > > > > > >Please tell me how to get to your portfolio in clearstation. I do not > > > >know the site and after I am logged in, I do not see a path. > > > > > > > >Dan > > > > > > > >esetser wrote: > > > > > > > >> esetser is my name there and most places. > > > >> > > > >> At 07:32 AM 3/6/01 -0800, you wrote: > > > >> >Earl, what name do you use on clearstation? > > > >> >Tony > > > >> >--- esetser wrote: > > > >> >> Or, you could chose to post your picks elsewhere for > > > >> >> those that are > > > >> >> interested. I put my portfolio on Clearstation, so > > > >> >> anyone from this group > > > >> >> that is interested can check on it, or even > > > >> >> subscribe to it. I think > > > >> >> that's a good way to share for those who are > > > >> >> interested. > > > >> > > > > >> >__________________________________________________ > > > >> >Do You Yahoo!? > > > >> >Get email at your own domain with Yahoo! Mail. > > > >> >http://personal.mail.yahoo.com/ > > > >> > > > > >> >- > > > >> > > > > >> > > > > >> > > > > >> > > > >> - > > > > > > > >-- > > > >Dan > > > > > > > >Kibosh spam: http://spamcop.net/ > > > > > > > >http://www.corazon.org/ > > > > > > > > > > > > > > > >- > > > > > > > > > > > > > > > > > > - > > > > -- > > Dan > > > > Kibosh spam: http://spamcop.net/ > > > > http://www.corazon.org/ > > > > - > > - - -- Dan Kibosh spam: http://spamcop.net/ http://www.corazon.org/ - - ------------------------------ Date: Thu, 8 Mar 2001 06:37:59 -0500 From: "Tom Worley" Subject: Re: [CANSLIM] Mutual Funds - Cut Your Losses John, If you remain within the same family of funds, there is usually no penalty on "B" and "C" shares (back end loaded). So you could switch from growth to a money market, for example. The unamortized back end load that you had before stays with you, so when you switch back to growth, you would still have that tagging along. Likewise, if you switched from growth to a defensive fund, like a utility or bond fund, they normally transfer the back end load along with you (of course, that only applies if you went into another back end loaded fund, the mm fund is usually an exception). So if you switched from a back end loaded fund to a front end loaded fund, some funds might hit you with the load both on the sale and the purchase. To discourage short term trading (timing), more funds are establishing penalties. You would have to read the prospectus (or trust what they tell you over the phone, I always recommend what's in print), to know the rules on this. Tom Worley stkguru@netside.net ICQ # 5568838 - ----- Original Message ----- From: John Adair To: Sent: Wednesday, March 07, 2001 11:33 PM Subject: RE: [CANSLIM] Mutual Funds - Cut Your Losses There is usually a penalty for getting out of funds early. How do you figure that in calculating your 8% stop. Did you say the penalty is.00075* # shares usually - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Rick Parsons Sent: Wednesday, March 07, 2001 8:18 AM To: canslim@lists.xmission.com Subject: RE: [CANSLIM] Mutual Funds - Cut Your Losses Yeah, those 10% corrections are tough to call. There is no perfect way to handle every situation that comes up. But the bottom line is, in my humble opinion, that one should not allow a large loss to occur. Rick - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of esetser Sent: Tuesday, March 06, 2001 8:39 PM To: canslim@lists.xmission.com Subject: RE: [CANSLIM] Mutual Funds - Cut Your Losses But what about all the times the market corrects 8-10% and then moves up? How do you know when to get back in? In the case of a single stock, you call it a failure and move on. But it's much less clear-cut in funds, IMHO. At 12:36 PM 3/2/01 -0500, you wrote: >Regarding "but a mutual fund is the market, or a >market sector, and the market isn't going away, your fund should >always recover once the market does.." > >Yes the fund will recover...eventually. But at what price? For example, if >it is a tech fund down 40%, it has to recover 66% just to get back to it's >highs. And how long will that take? 2 or 3 years? > >Mutual Funds can be bought and sold by using a mental stop or have your >charting software give you an alert when you hit your set stop. The stop >should be no more than 8% or 10% below your buy point. Cut your losses. >This is the only way you can win. No one wants to or should put up with a >40% or more loss. > >Imagine if one sold at the 8% mental stop. Now when the fund is down 40%, >reinvest the money. Then what would your situation be like in 2 or 3 years? >You will be up 66% (minus your 8% or 10% stop loss), not just even to where >you were 2 or 3 years ago. > >This is not market timing. This is simply cutting your losses. The fund >tells you what to do. > >Buy and hold is market propaganda. Sure it works great in bull markets but >not in this current market. > > >Rick > > - - - - - - - - ------------------------------ End of canslim-digest V2 #1189 ****************************** 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.