From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #1251 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 Monday, April 2 2001 Volume 02 : Number 1251 In this issue: Re: [CANSLIM] USLB Re: [CANSLIM] Weekly Scan (sorted) [CANSLIM] NARA Re: [CANSLIM] Way Off Topic - More stress - my firm's being bought out Re: [CANSLIM] USLB [CANSLIM] Buy-Stop Orders Re: [CANSLIM] Trying to get better with the "I" in Canslim Re: [CANSLIM] Trying to get better with the "I" in Canslim Re: [CANSLIM] Buy-Stop Orders Re: [CANSLIM] NARA Re: [CANSLIM] Buy-Stop Orders [CANSLIM] Sending large or non-text files to the canslim group Re: [CANSLIM] Weekly Scan RE: [CANSLIM] Weekly Scan Re: [CANSLIM] Weekly Scan ---------------------------------------------------------------------- Date: Mon, 2 Apr 2001 01:20:40 EDT From: Spencer48@aol.com Subject: Re: [CANSLIM] USLB Tom, With zero funds and such a high mgt. stake, doesn't this look like the stock is ripe for selling by the mgt. I know insiders must file with the SEC when they sell, but so what. They file, they sell, and then when the stock price drops (because of so much stock put on the market), they buy back at a lower price, thus locking in the profit between what they sold at and what they bought at (in effect, getting the benefits of shorting the stock without shorting the stock). What do you think? And can't there be too much management stake? Jans In a message dated 4/1/2001 5:06:20 PM Eastern Daylight Time, stkguru@netside.net writes: << Sure, it is still a young company where management has a LOT at stake. Just like I like it, and not uncommon with small and micro caps. >> - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Sun, 1 Apr 2001 23:26:44 -0700 (PDT) From: Kent Norman Subject: Re: [CANSLIM] Weekly Scan (sorted) OK, here is the list sorted by the number of times a symbol occurs. Regards Kent Norman TARO 9 CNX 8 CP 8 ESCM 8 SHFL 8 ADVP 7 CHIC 7 MEE 7 ULGX 7 AGY 6 ANF 6 CEC 6 COTT 6 CSX 6 FLM 6 MTON 6 THQI 6 VTIV 6 WIN 6 ACI 5 ATVI 5 CECO 5 DDS 5 FWC 5 GTK 5 HOTT 5 ITG 5 LEN 5 NVDA 5 RCII 5 SDH 5 SFD 5 SIAL 5 SKX 5 SLOT 5 TOY 5 ACF 4 BGC 4 BPT 4 BUCA 4 CNI 4 CPN 4 EC 4 JEC 4 MAT 4 OO 4 TIER 4 WG 4 WTSLA 4 ZQK 4 BBI 3 CA 3 CIT 3 ERTS 3 FD 3 HOV 3 LDG 3 PLCE 3 RAYS 3 RI 3 SLVN 3 STZ 3 ASD 2 AWK 2 CHBS 2 DBRSY 2 EFDS 2 EFNT 2 FB 2 FO 2 GPSI 2 HF 2 MCCC 2 TOS 2 USAI 2 VC 2 VPHM 2 YUM 2 ADSK 1 ADTN 1 ALLC 1 ALLY 1 AMBC 1 AMD 1 AMHC 1 AOL 1 APL 1 APPB 1 ARLP 1 ASMI 1 ATK 1 BAC 1 BARI 1 BEAV 1 BGP 1 BHAG 1 BJ 1 BOH 1 BOL 1 BSB 1 BSX 1 BWS 1 CAPX 1 CATT 1 CBNY 1 CBT 1 CCU 1 CHCS 1 CITC 1 CNB 1 CNC 1 CRM 1 CROS 1 CTX 1 CX 1 DAKT 1 DCN 1 DKWD 1 DOM 1 DORL 1 DYII 1 EFII 1 EFX 1 ELN 1 ELY 1 ENR 1 EPIQ 1 EXCO 1 FBNC 1 FCNCA 1 FDC 1 FDO 1 FFD 1 FFFL 1 FFLC 1 FISI 1 FMN 1 FOX 1 FTU 1 GCO 1 GMP 1 GRIF 1 GTIV 1 HDVS 1 HIB 1 HOC 1 HOFF 1 HRB 1 IBIS 1 ICIX 1 IPK 1 IRF 1 JCI 1 JCP 1 JNY 1 JRBK 1 KOSS 1 KTCO 1 LIZ 1 LOW 1 LRCX 1 LZ 1 MARPS 1 MAXS 1 MBFI 1 MDC 1 MDR 1 MHO 1 MIKE 1 MINI 1 MIR 1 MKC 1 MKSI 1 MON 1 MRS 1 MSFT 1 MU 1 NAFC 1 NAUT 1 NSC 1 NVR 1 NWL 1 NXL 1 NYCB 1 OLOG 1 ORN 1 PANRA 1 PCCI 1 PHSY 1 PIR 1 PKS 1 PKX 1 POWI 1 RBKV 1 RDEN 1 REBC 1 RHT 1 RJR 1 RMCI 1 ROIA 1 ROME 1 ROST 1 SEE 1 SFA 1 SLAB 1 SMTC 1 SRCL 1 STU 1 SYMC 1 T 1 TJX 1 TKCI 1 TRR 1 TSM 1 TTI 1 TUP 1 UDI 1 UDR 1 UDS 1 VGR 1 VLCCF 1 VSEA 1 VSH 1 WLB 1 WON 1 WTU 1 YORW 1 YZC 1 - --- David Squires wrote: > Hi all, > > For those interested here is one of my weekly scans. > Granted it is not a > small number of stocks but we don't get paid without > doing some work. The > spreadsheet is the result of about 13 different > scans. There are many > repeats and that tells you there was a lot of hits > on that stock..this is > good. The scan searches for strong earnings growth > or strong revenue growth, > high RS, increasing margins, earnings drift, new > highs, institution holding > increases, and high RS with a value filter. All > scans have a minimum RS > filter, minimum volume filter and minimum price > filter. If anyone finds this > useful email me privately and I will continue to > post it. > > Good Trading, > DSquires > > ATTACHMENT part 2 application/vnd.ms-excel name=Weekly Scan.xls __________________________________________________ Do You Yahoo!? Get email at your own domain with Yahoo! Mail. http://personal.mail.yahoo.com/?.refer=text - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Mon, 2 Apr 2001 02:14:37 -0700 (PDT) From: Kent Norman Subject: [CANSLIM] NARA NARA had a nice pop on volume. I could not find any news. Does anyone have an idea? Thansk kent Norman __________________________________________________ Do You Yahoo!? Get email at your own domain with Yahoo! Mail. http://personal.mail.yahoo.com/?.refer=text - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Mon, 2 Apr 2001 05:45:44 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] Way Off Topic - More stress - my firm's being bought out Part of the problem in putting a deal together in Germany, and much of Europe, is that the big banks, insurance corps, and many other big corps all own a piece of each other, including competitors. In this deal, for example, Allianz already owns 21% of Dresdner, and Dresdner owns a piece of Allianz. Allianz also owns a piece of a smaller bank, which in turn owns a piece of Dresdner (the plan is to swap those pieces). The piece of Allianz that Dresdner owns will be used for most of the stock to be given out in exchange for Dresdner shares. Meanwhile, Allianz owns a piece of Deutsch Bank (largest bank in Germany) which in turn owns some of Dresdner. In all, at least four different companies will be involved in cross swapping assets to make this deal happen. Allianz previously (for the past year) was in talks with Deutsch Bank about a similar merger (after the merger it brokered between Deutsch and Dresdner failed). That plan is now dead, and likely Deutsch will have to merge with another financial services company to compete (strongly expected to be AXA, largest French insurance co). Commerzbank (2nd largest bank in Germany) in turn will be left out in the cold, and is expected to also merge, probably with an insurance co. In all these cases, the companies have extensive capital holdings which, for tax reasons, they do not want to sell but can swap. It is expected that the various mergers likely over the next one to two years will free up capital, which then will be invested in other companies. Tom Worley stkguru@netside.net ICQ # 5568838 - ----- Original Message ----- From: To: Sent: Monday, April 02, 2001 12:44 AM Subject: Re: [CANSLIM] Way Off Topic - More stress - my firm's being bought out Tom, Why do you believe that the buy-out will mean much more capital will be freed up. Because of less stringent lending restrictions with an insurance company than with a bank? And what specific changes do you foresee the buy-out making? In a message dated 4/1/2001 11:08:06 AM Eastern Daylight Time, stkguru@netside.net writes: << For those interested, if this deal goes thru, it will make major changes in both the banking and insurance industries not only in Germany but in France as well, and likely elsewhere in Europe eventually. Ultimate impact is likely to free up massive capital, and result in a major stimulus of the European economy. >> - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Mon, 2 Apr 2001 06:02:44 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] USLB The biggest risk when management owns over 50% is that they could vote to take it private at less than fair market value, and shareholders would not have the votes to stop it. However, this is unlikely, otherwise why take it public in the first place? And would still mean raising lots of cash. Also, if they tried to do something like this, undoubtedly there would be many lawsuits filed and tie it up for years. The second risk, of course, is a buyout by another firm. Presumably, management would demand a better price than the market is awarding, so shareholders would all benefit. It is very rare to find management "trading" their own stock. First, most corps prohibit it as there is way too great a risk of insider trading, and subsequent regulatory problems and fines. Second, it is not financially useful, as the shares they are selling usually carry huge capital gains, and big taxes. To offset the taxes, they would have to buy back at least 25-30% cheaper just to stay even (and that's if they don't have state or local taxes). It is also a myth that management of a publicly traded company knows much about the stock market. I built a lot of my book as a broker by prospecting management level of public companies. I have also seen over the years that insider selling usually occurs at less than ideal prices. Insider buying, however, is for me a buying signal. They, better than anyone, seem to know when the market is discounting their stock according to the future they foresee. Insider selling is typically seen close to the anniversary of options awarded, so that they don't expire. It is often also seen when a stock has been running, and the primary market makers (presuming it is NASDAQ listed) find themselves caught short and request some of the insiders to let go of shares, often well under market, to help cover their short position. Insider selling, done when a stock is strong, is healthy as it reduces management's holdings, reduces their financial dependence on a single source (salary and stock holdings all in same company), and adds liquidity to the stock. Insiders are also restricted on how many shares they can sell in a quarter based on the average trading volume. Funds are not limited on this. But yes, you do want to see the funds starting to buy, a 4-10% holding on a small cap is healthy. Tom Worley stkguru@netside.net ICQ # 5568838 - ----- Original Message ----- From: To: Sent: Monday, April 02, 2001 1:20 AM Subject: Re: [CANSLIM] USLB Tom, With zero funds and such a high mgt. stake, doesn't this look like the stock is ripe for selling by the mgt. I know insiders must file with the SEC when they sell, but so what. They file, they sell, and then when the stock price drops (because of so much stock put on the market), they buy back at a lower price, thus locking in the profit between what they sold at and what they bought at (in effect, getting the benefits of shorting the stock without shorting the stock). What do you think? And can't there be too much management stake? Jans In a message dated 4/1/2001 5:06:20 PM Eastern Daylight Time, stkguru@netside.net writes: << Sure, it is still a young company where management has a LOT at stake. Just like I like it, and not uncommon with small and micro caps. >> - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Mon, 2 Apr 2001 07:10:05 -0400 From: "Cefaloni, John L Jr. [AMSTA-AR-WEA]" Subject: [CANSLIM] Buy-Stop Orders Is that what it's called? I've read about such a thing. It's a buy order that doesn't go into effect until after your stock has reached a certain price - may be useful for catching CANSLIM breakouts before they run away. Has anyone used this type of order? I use Datek and as far as I can tell, it's not an option. Anyone know what brokers allow buy-stop orders? Thanks, John L. Cefaloni - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Mon, 2 Apr 2001 04:11:13 -0700 (PDT) From: Steve F Subject: Re: [CANSLIM] Trying to get better with the "I" in Canslim Thanks for the reply. How do you paste into Clearstation. Where are you pasting from? Steve - --- Perry Stanfield wrote: > It's the only one I'm very familiar with, and I can > copy/paste a large > number of stocks into a portfolio that I can rank by > volume, symbol, %volume > increase I think. Then, I can view graphs in bulk > of all of the stocks > together, quickly. If there are other free > programs that can do close to > this I'd be happy to know about them. Research in > CS is a little tougher to > wade through, and a different service may be better > overall. > > Thanks > > Perry > > ----- Original Message ----- > From: "Steve F" > To: > Sent: Sunday, April 01, 2001 5:40 PM > Subject: Re: [CANSLIM] Trying to get better with the > "I" in Canslim > > > > You noted that you look at your charts on > > Clearstation. Why do you prefer that charting > > program above some of the others. > > Steve > > > > --- Perry Stanfield wrote: > > > I'm trying to refine the process I use to make a > > > watch list. Maybe refining > > > never stops.....arrgghh. > > > > > > Anyway, I've got a list of near 52 week high > stocks > > > that are 80 80 BBB or > > > better. I come up with 55 stocks. A short > list > > > of the weekend review, > > > basically. > > > > > > Before looking at charts in Clearstation, I > thought > > > I'd do some more > > > whittling by looking at institutional and inside > > > ownership. Are there > > > minimum and maximum percents of these two types > of > > > ownerships one likes to > > > see and why? > > > > > > I'd like to see the RS line on my picks too, but > > > without ponying up to get > > > DGO I don't think I can..... > > > > > > Thanks > > > > > > Perry > > > > > > > > > - > > > -To subscribe/unsubscribe, email > > > "majordomo@xmission.com" > > > -In the email body, write "subscribe canslim" or > > > -"unsubscribe canslim". Do not use quotes in > your > > email. > > > > > > __________________________________________________ > > Do You Yahoo!? > > Get email at your own domain with Yahoo! Mail. > > http://personal.mail.yahoo.com/?.refer=text > > > > - > > -To subscribe/unsubscribe, email > "majordomo@xmission.com" > > -In the email body, write "subscribe canslim" or > > -"unsubscribe canslim". Do not use quotes in your > email. > > > - > -To subscribe/unsubscribe, email > "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. __________________________________________________ Do You Yahoo!? Get email at your own domain with Yahoo! Mail. http://personal.mail.yahoo.com/?.refer=text - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Mon, 2 Apr 2001 07:29:22 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] Trying to get better with the "I" in Canslim Hi Mike, You are perfectly right, I stand corrected. DGO describes the RS "line" as: PRICE RELATIVE STRENGTH LINE: Updated throughout the day on a 20-minute delayed basis, this line is derived by dividing the stock price by the S&P 500 Index value. The line is positioned adjacent to the price line for easy comparison. An upward slope in the line means that the stock's price has outperformed the S&P 500 Index. Since this is a relative price line, a scale is not applicable. As for the formula for the individual RS ranking, I believe the description is correct according to both DG and DGO, so I suspect (no surprise) that QP is calculating it slightly differently (or using different population of stocks to compare to). DG, for example, eliminates all preferreds, warrants, and units. Tom Worley stkguru@netside.net ICQ # 5568838 - ----- Original Message ----- From: Mike Lucero To: "Tom Worley" Sent: Sunday, April 01, 2001 9:32 PM Subject: Re: [CANSLIM] Trying to get better with the "I" in Canslim DGO help says the line is just close/SP500. Although you give DGO's explanation of RS ranking, Quotes Plus tries to use that formula, but their rankings don't match DGO's, sometimes off by 10 points. So, unless QP is doing something wrong, there must be a little more to it. Mike - ----- Original Message ----- From: "Tom Worley" To: Sent: Sunday, April 01, 2001 5:59 PM Subject: Re: [CANSLIM] Trying to get better with the "I" in Canslim > I disagree, Mike. The formula for O'Neil's RS is well known. The > RS line drawn on the charts is per that formula. Anyone can > duplicate the numbers, just takes some computations that are > beyond my PC's capabilities. > > The EPS calculation is according to a proprietary formula, so > without extensive work it would be harder to duplicate. > > Tom Worley > stkguru@netside.net > ICQ # 5568838 > > > ----- Original Message ----- > From: Mike Lucero > To: > Sent: Sunday, April 01, 2001 8:45 PM > Subject: Re: [CANSLIM] Trying to get better with the "I" in > Canslim > > > You are correct about the RS and EPS rankings - we don't know > exactly how > WON computes them. The RS indicator drawn on the DGO graph > though, is just > the close/SP500, which can be drawn using many charting programs. > > Mike > ----- Original Message ----- > From: "Tom Worley" > To: > Sent: Sunday, April 01, 2001 2:10 PM > Subject: Re: [CANSLIM] Trying to get better with the "I" in > Canslim > > > > Anyone trying to create an RS line, or use RS data from a > source > > other than WON products (IBD, DG, DGO) should bear in mind the > > formula may be considerably different than WON's. > > > > First, the RS line, like the EPS line, is not a percentAGE > line, > > it is a percentILE line measured against all other stocks for > > performance. > > > > Second, the RS line measures present price against the price 12 > > months ago, but it does it by quarters, with the latest quarter > > getting 40% weight and the three other quarters getting 20% > each. > > > > Tom Worley > > stkguru@netside.net > > ICQ # 5568838 > > > > > > ----- Original Message ----- > > From: Mike Lucero > > To: > > Sent: Sunday, April 01, 2001 4:53 PM > > Subject: Re: [CANSLIM] Trying to get better with the "I" in > > Canslim > > > > > > Re: institutional ownership > > Daily Graphs Online is the only place I know that you can get > > fund > > ownership, which is what William O'Neil refers to in his book. > I > > don't think > > the "institutional" ownership you get other places correlates > at > > all. > > > > Re: RS > > I just checked bigcharts.com and investor.msn.com. Both let you > > display > > another security (say S&P500) on your chart so you can see > which > > is the > > better. Bigcharts.com will create a "%compare" indicator which > > looks like > > the RS line, but you have to do it backwards: select S&P 500 as > > your "focus" > > security, then compare it to your stock. > > > > If you have Metastock, you can make the RS line using > Comparative > > Relative > > Strength, and Technifilter can also do it. If there's software > > that lets you > > compare two securities, you can make the RS line. > > > > Mike > > ----- Original Message ----- > > From: "Perry Stanfield" > > To: > > Sent: Sunday, April 01, 2001 10:40 AM > > Subject: [CANSLIM] Trying to get better with the "I" in Canslim > > > > > > > I'm trying to refine the process I use to make a watch list. > > Maybe > > refining > > > never stops.....arrgghh. > > > > > > Anyway, I've got a list of near 52 week high stocks that are > 80 > > 80 BBB or > > > better. I come up with 55 stocks. A short list of the > > weekend review, > > > basically. > > > > > > Before looking at charts in Clearstation, I thought I'd do > some > > more > > > whittling by looking at institutional and inside ownership. > > Are there > > > minimum and maximum percents of these two types of ownerships > > one likes to > > > see and why? > > > > > > I'd like to see the RS line on my picks too, but without > > ponying up to get > > > DGO I don't think I can..... > > > > > > Thanks > > > > > > Perry > > > > > > > > > - > > > -To subscribe/unsubscribe, email "majordomo@xmission.com" > > > -In the email body, write "subscribe canslim" or > > > -"unsubscribe canslim". Do not use quotes in your email. > > > > > > > - > > -To subscribe/unsubscribe, email "majordomo@xmission.com" > > -In the email body, write "subscribe canslim" or > > -"unsubscribe canslim". Do not use quotes in your email. > > > > > > > > - > > -To subscribe/unsubscribe, email "majordomo@xmission.com" > > -In the email body, write "subscribe canslim" or > > -"unsubscribe canslim". Do not use quotes in your email. > > > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. > > > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. > - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Mon, 2 Apr 2001 07:35:13 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] Buy-Stop Orders Hi John, You are correct in your understanding. I am surprised that Datek would not provide this, may just be on certain stocks. I suggest you call them and discuss it, maybe they are calling it something different. The biggest deficiency in buy stop orders is that you want the combination of price (breaking the pivot or some other level) combined with volume of at least 1.5X ADV (Average Daily Volume). Unfortunately, the securities industry still does not provide this type of limit order other than by using a full service broker. I encourage all members to constantly complain about this industry wide deficiency. Tom Worley stkguru@netside.net ICQ # 5568838 - ----- Original Message ----- From: Cefaloni, John L Jr. [AMSTA-AR-WEA] To: CANSLIM (E-mail) Sent: Monday, April 02, 2001 7:10 AM Subject: [CANSLIM] Buy-Stop Orders Is that what it's called? I've read about such a thing. It's a buy order that doesn't go into effect until after your stock has reached a certain price - may be useful for catching CANSLIM breakouts before they run away. Has anyone used this type of order? I use Datek and as far as I can tell, it's not an option. Anyone know what brokers allow buy-stop orders? Thanks, John L. Cefaloni - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Mon, 2 Apr 2001 07:54:19 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] NARA Kent, In a quick check, I found no news or rumors. The spike Friday reversed an established downtrend, but takes far more than one day to make it permanent. I have seen a number of regional banks being acquired, so maybe there are rumors about this, but couldn't find them. Tom Worley stkguru@netside.net ICQ # 5568838 - ----- Original Message ----- From: Kent Norman To: CANSLIM Sent: Monday, April 02, 2001 5:14 AM Subject: [CANSLIM] NARA NARA had a nice pop on volume. I could not find any news. Does anyone have an idea? Thansk kent Norman __________________________________________________ Do You Yahoo!? Get email at your own domain with Yahoo! Mail. http://personal.mail.yahoo.com/?.refer=text - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Mon, 2 Apr 2001 07:57:24 -0500 From: "Charles Layne" Subject: Re: [CANSLIM] Buy-Stop Orders Actually, I have used stop-limit orders to try to catch pivot points (or what I thought were pivot points). The difference between a normal stop and a stop-limit is the type of execution. A stop order becomes a normal market order once the stop price is triggered (whether a buy or sell stop). A stop-limit order becomes a limit order once the stop price is triggered. The limit order will then only be executed at or better than the limit price. Which to use? Depends on which risk you are willing to take. Use a normal stop if you want to be certain to get in. Be aware, though, that a highly volatile price move may get you in at a price above what you intended. Use a stop-limit if you want to get in at a certain price and only that price. You may miss the move, though, if the stock shoots through your target price and never looks back. Actually, either of these techniques works well unless the stock happens to be "going vertical" real fast at the moment. I use Ameritrade and have these trading orders available to me. Chuck Layne - ----- Original Message ----- From: "Cefaloni, John L Jr. [AMSTA-AR-WEA]" To: "CANSLIM (E-mail)" Sent: Monday, April 02, 2001 6:10 AM Subject: [CANSLIM] Buy-Stop Orders > Is that what it's called? I've read about such a thing. It's a buy order > that doesn't go into effect until after your stock has reached a certain > price - may be useful for catching CANSLIM breakouts before they run away. > Has anyone used this type of order? > > I use Datek and as far as I can tell, it's not an option. Anyone know what > brokers allow buy-stop orders? > > Thanks, > John L. Cefaloni > > > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Mon, 2 Apr 2001 08:00:00 -0600 From: owner-canslim@xmission.com (Jeff Salisbury) Subject: [CANSLIM] Sending large or non-text files to the canslim group Everyone, There are times when you may wish to share large or non-text files with our group (i.e. gif, jpeg, spreadsheets, etc). Our list is configured to reject large and non-text postings (even if they are properly encoded) since both large files and non-text files cause various problems. This does not mean you cannot share large or non-text files with the group. Rather, you should place the file at an ftp site, and then refer to the link in your canslim posting. This way, the reader can read your posting, click on the link, and instantly see what you are talking about. If you have your own ftp site, feel free to use it. If you do not have access to your own ftp site, we have provided an anonymous ftp site. To provide your file to the group, please follow these instructions: 1. Send your file to: "ftp://ftp.xmission.com/pub/users/m/mcjathan/incoming/". See ftp instructions below. 2. After a minimum of 15 minutes, your file will be available for everyone at the URL of: ftp://ftp.xmission.com/pub/users/m/mcjathan/canslim/your_file_name where "your_file_name" is the exact name of the file you uploaded. This file name should not have spaces or other strange characters. Letter, numbers, and "." are always good, i.e. "canslim_25.gif". 3. Before posting your message to the group, test the URL of your file by copying the web address: ftp://ftp.xmission.com/pub/users/m/mcjathan/canslim/your_file_name into your browser and seeing if your browser displays the file properly. 4. Finally, send your message to the group describing your file, and be sure to explicity include the URL of your file. Although this may seem unwieldy at first, it really isn't too bad and it solves more problems than it creates. If you have any problems with this procedure, feel free to contact me at owner-canslim@xmission.com. Best Regards, Jeff Salisbury =========================================================================== Netscape FTP Instructions: 123456789012345678901234567890123456789012345678901234567890123456789012 1. Using Netscape, go to the URL: ftp://ftp.xmission.com/pub/users/m/mcjathan/incoming/ 2. On the Netscape "File" menu, select "Upload File..." This will open a file selection widget on your hard-drive. Select the file you wish to upload and hit the "Ok" button. At this point, your file will be uploaded. 3. Eventhough your file has been uploaded, you will not be able to see the file in your netscape browser. The reason for this is that the "incoming" directory is set to write-only for security reasons. Internet Explorer FTP Instructions: 1. Using "Internet Explorer", go to the URL: ftp://ftp.xmission.com/pub/users/m/mcjathan/incoming/ 2. Open "Windows Explorer" to browse your local hard-drive. Find the file you want to send. Select the file by clicking once. The right-click and "copy" the file. 3. Go back to the Internet Explorer window. Right-click and "paste" the file. It will be uploaded to the canslim ftp site. - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Sun, 1 Apr 2001 20:46:56 -0400 From: "Pat" Subject: Re: [CANSLIM] Weekly Scan Hi DSquires, Unable to open your Weekly Scan attachment. I'm using Windows 98 with Excel 95 & Word 95. Any suggestions or words of wisdom? Dennis Lehman is a nearby neighbor. Dennis put me in touch with this Canslim thread. I think you both may have corresponded in the past. Thanks for any help you may be able to provide in this matter and for your Canslim contributions. Pat - ----- Original Message ----- From: "David Squires" To: Sent: Friday, March 30, 2001 7:58 PM Subject: [CANSLIM] Weekly Scan > Hi all, > > For those interested here is one of my weekly scans. Granted it is not a > small number of stocks but we don't get paid without doing some work. The > spreadsheet is the result of about 13 different scans. There are many > repeats and that tells you there was a lot of hits on that stock..this is > good. The scan searches for strong earnings growth or strong revenue growth, > high RS, increasing margins, earnings drift, new highs, institution holding > increases, and high RS with a value filter. All scans have a minimum RS > filter, minimum volume filter and minimum price filter. If anyone finds this > useful email me privately and I will continue to post it. > > Good Trading, > DSquires > - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Mon, 2 Apr 2001 08:13:59 -0700 From: "DiFabio, Nancy" Subject: RE: [CANSLIM] Weekly Scan This message is in MIME format. Since your mail reader does not understand this format, some or all of this message may not be legible. - ------_=_NextPart_001_01C0BB87.59C1362C Content-Type: text/plain; charset=iso-8859-1 Content-Transfer-Encoding: 7bit I just get stock symbols, also. Where is there rest? Am I missing something? - -----Original Message----- From: Rick Parsons [mailto:RickParsons@Columbus.rr.com] Sent: Sunday, April 01, 2001 9:58 AM To: canslim@lists.xmission.com Subject: RE: [CANSLIM] Weekly Scan David, When I open the spread sheet, all I can find is stock symbols. There is no RS, EPS or other information. How are we supposed to use this? Rick - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of David Squires Sent: Friday, March 30, 2001 6:59 PM To: canslim@lists.xmission.com Subject: [CANSLIM] Weekly Scan Hi all, For those interested here is one of my weekly scans. Granted it is not a small number of stocks but we don't get paid without doing some work. The spreadsheet is the result of about 13 different scans. There are many repeats and that tells you there was a lot of hits on that stock..this is good. The scan searches for strong earnings growth or strong revenue growth, high RS, increasing margins, earnings drift, new highs, institution holding increases, and high RS with a value filter. All scans have a minimum RS filter, minimum volume filter and minimum price filter. If anyone finds this useful email me privately and I will continue to post it. Good Trading, DSquires - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. "WorldSecure " made the following annotations on 04/02/01 08:12:55 - ------------------------------------------------------------------------------ PLEASE NOTE: This message, including any attachments, may include privileged, confidential and/or inside information. Any distribution or use of this communication by anyone other than the intended recipient(s) is strictly prohibited and may be unlawful. If you are not the intended recipient, please notify the sender by replying to this message and then delete it from your system. Thank you. ============================================================================== - ------_=_NextPart_001_01C0BB87.59C1362C Content-Type: text/html; charset=iso-8859-1 Content-Transfer-Encoding: quoted-printable RE: [CANSLIM] Weekly Scan

I just get stock symbols, also.  Where is there rest= ?= Am I missing something?

-----Original Message-----
From: Rick Parsons [mailto:RickParsons@Columbus.rr.= com]
Sent: Sunday, April 01, 2001 9:58 AM
To: canslim@lists.xmission.com
Subject: RE: [CANSLIM] Weekly Scan


David,
When I open the spread sheet, all I can find is stock = symbols.  There is no
RS, EPS or other information.
How are we supposed to use this?

Rick


-----Original Message-----
From: owner-canslim@lists.xmission.com
[mailto:owner-canslim@lists= .xmission.com]On= Behalf Of David Squires
Sent: Friday, March 30, 2001 6:59 PM
To: canslim@lists.xmission.com
Subject: [CANSLIM] Weekly Scan


Hi all,

For those interested here is one of my weekly scans. = Granted it is not a
small number of stocks but we don't get paid without = doing some work. The
spreadsheet is the result of about 13 different scans. = There are many
repeats and that tells you there was a lot of hits on = that stock..this is
good. The scan searches for strong earnings growth or = strong revenue growth,
high RS, increasing margins, earnings drift, new highs, = institution holding
increases, and high RS with a value filter. All scans = have a minimum RS
filter, minimum volume filter and minimum price filter. = If anyone finds this
useful email me privately and I will continue to post = it.

Good Trading,
DSquires


-
-To subscribe/unsubscribe, email = "majordomo@xmission.com"
-In the email body, write "subscribe canslim" = or
-"unsubscribe canslim".  Do not use quote= s= in your email.

"WorldSecure <irell.com>" made the following
annotations on 04/02/01 08:12:55
- ---------------------------------------------------------------------------= - ---
PLEASE NOTE: This message, including any attachments, may include = privileged, confidential and/or inside information. Any distribution or us= e= of this communication by anyone other than the intended recipient(s) is = strictly prohibited and may be unlawful. If you are not the intended = recipient, please notify the sender by replying to this message and then = delete it from your system. Thank you.


=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D= =3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D= =3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D= =3D=3D=3D

- ------_=_NextPart_001_01C0BB87.59C1362C-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Mon, 2 Apr 2001 12:03:03 -0500 From: "The Curry's" Subject: Re: [CANSLIM] Weekly Scan David, I am also unable to open your Weekly Scan attachment.... - ----- Original Message ----- From: "Pat" To: Sent: Sunday, April 01, 2001 7:46 PM Subject: Re: [CANSLIM] Weekly Scan > Hi DSquires, > > Unable to open your Weekly Scan attachment. I'm using Windows 98 with > Excel 95 & Word 95. Any suggestions or words of wisdom? > > Dennis Lehman is a nearby neighbor. Dennis put me in touch with this > Canslim thread. I think you both may have corresponded in the past. > > Thanks for any help you may be able to provide in this matter and for your > Canslim contributions. > > Pat > > ----- Original Message ----- > From: "David Squires" > To: > Sent: Friday, March 30, 2001 7:58 PM > Subject: [CANSLIM] Weekly Scan > > > Hi all, > > > > For those interested here is one of my weekly scans. Granted it is not a > > small number of stocks but we don't get paid without doing some work. The > > spreadsheet is the result of about 13 different scans. There are many > > repeats and that tells you there was a lot of hits on that stock..this is > > good. The scan searches for strong earnings growth or strong revenue > growth, > > high RS, increasing margins, earnings drift, new highs, institution > holding > > increases, and high RS with a value filter. All scans have a minimum RS > > filter, minimum volume filter and minimum price filter. If anyone finds > this > > useful email me privately and I will continue to post it. > > > > Good Trading, > > DSquires > > > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. > - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ End of canslim-digest V2 #1251 ****************************** 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.