From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #1252 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 Tuesday, April 3 2001 Volume 02 : Number 1252 In this issue: [CANSLIM] The Mental Approach RE: [CANSLIM] Buy-Stop Orders Re: [CANSLIM] Buy-Stop Orders Re: [CANSLIM] Way Off Topic - More stress - my firm's being bought out Re: [CANSLIM] Way Off Topic - More stress - my firm's being bought out [CANSLIM] CHIC [CANSLIM] Cup forming? Re: [CANSLIM] CHIC [CANSLIM] Accessing the discussion canslim archives... RE: [CANSLIM] CHIC RE: [CANSLIM] CHIC [CANSLIM] Date: Tue, 3 Apr 2001 15:02:25 -0400 ---------------------------------------------------------------------- Date: Mon, 2 Apr 2001 14:11:01 -0400 From: "Rick Parsons" Subject: [CANSLIM] The Mental Approach Good rules from L. Fleckenstien at TradingMarkets.com. These apply to any method including CANSLIM. 1. Always cut losses small. Never cheat on a stop. This not only protects you financially. It also protects you psychologically. Nothing can shatter a trader's nerve like severe losses. 2. Be aware that in almost all its aspects, human emotions run contrary to successful trading. Fear, greed, hunger for action, anger with the market and mood swings are all inimical to profitable trading and risk management. During a recent informal discussion among TradingMarkets contributors on psychology, Len Yates expressed the view that the only human emotion conducive to successful trading is the desire to win. 3. Know thyself. While you cannot become an unemotional human being, you can practice mindfulness, which is to say, awareness of your emotional states, of your thoughts, of everything entering your mind. Then you will be better equipped to prevent your mental state from influencing your trading. Keep a trading diary of your market observations and reasons for entering trades. Then when you do your postmortem analysis of losing trades and you spot errors in judgment, ask yourself, what was behind the lapse? Did you get greedy? Did a desire for action lead you to making a hasty, ill-considered decision? Did you allow something in your personal life to distract you? Did arrogance, born of a string of successful trades, blind you to sell signals? Did discouragement, born of a string of losing trades, paralyze your ability to act on buy signals? Mindfulness is not a one-time accomplishment. It is a lifelong practice. 4. You can and should watch the market for ideas during the trading day, but defer the heavy research on those ideas until after the close. Prepare all aspects of your trading plan -- watchlist composition and stock selection, position size, entry and exit points -- outside normal trading hours. Leave as little to improvisation as humanly possible. When a watchlist stock or account holding sends an entry or exit signal, there is no "decision" to make. You instantly and robotically execute your plan. 5. Never project your emotions onto the market. If a stock stops you out, then resets and breaks out again, re-enter. Don't allow the previous trade to color your view of the same stock. The only thing that matters is whether the new setup appears valid. 6. Never, ever double up in an effort to come back from a losing trade. This idea that the next trade is more likely to succeed because the prior trade failed is called "gambler's fallacy." Its the surest way I know to the poor house. This kind of behavior, incidentally, is how a 28-year-old investment officer named Nick Leeson racked up losses of $1.3 billion in the derivatives market and brought about the collapse of Britain's Barings Bank in 1995. 7. Pare back your trading around major lifetime events. (I learned this one from Dave Landry.) Divorce, the birth of a child, the death of a loved one -- all can do a number on your market vigilance or shift your emotional balance in ways that can overwhelm your trading clarity. 8. Hold your theoretical risk per trade -- the total amount of money you are willing to risk on a single trade before executing your stop -- to a fixed percentage, probably no more than 2% of your total account size. This is a matter of psychological risk management as well as financial risk management. You will not make balanced decisions under market pressure if you take on more risk than you can stomach. For example, let's say your account is worth $500,000 and you set your stop 8% below your entry price. You decide to limit your risk to 2% of your account. Your maximum loss in any stock would be $10,000 (.02 X $500,000) and your maximum position size would be $125,000 ($10,000/.08). Set that fixed percentage at a level where you feel comfortable with the risk level while still being able to gain materially from a favorable trade. 9. In the morning, your first assignment is to establish mental clarity and balance before diving into your pre-market research in preparation for the bell. Some traders just go into a clear, distraction-free state as soon as they sit down to business. If you're in that category, great. If you face a lot of distractions or demands in the morning, start your day earlier to find some time to yourself. You'll probably find this practice enhances your mental performance through the rest of the day. A quiet breakfast. A morning walk. Jogging. Meditation. Whatever puts you in the best possible space for the remainder of the day. 10. Mental clarity and balance are as much a result of brain chemistry and metabolism as they are of logical thinking. Incorporate regular exercise and proper nutrition into your life. - - - -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 16:33:33 -0400 From: Steve Porter Subject: RE: [CANSLIM] Buy-Stop Orders I have Datek and use 'Stop Market' orders, it should be one of your options on your 'Trade/Quote' screen. The other option is a stop limit order, it allows you to set your minimum and maximum buy price, or sell price for that matter. The stop market will purchase at the best possible price once the stop has been triggered, maybe dangerous but it has worked thus far! Steve - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Cefaloni, John L Jr. [AMSTA-AR-WEA] Sent: Monday, April 02, 2001 6:10 AM To: CANSLIM (E-mail) 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 19:05:14 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] Buy-Stop Orders But a stop limit order, like a stop order, still has no volume component to it. Tom Worley stkguru@netside.net ICQ # 5568838 - ----- Original Message ----- From: Charles Layne To: Sent: Monday, April 02, 2001 8:57 AM 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. - - - -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 16:58:40 -0700 (PDT) From: Steve F Subject: Re: [CANSLIM] Way Off Topic - More stress - my firm's being bought out I heard a speaker this past weekend talk about the Euro stating that the Euro "has to" increase in value for the balance of the year. Kenneth Coleman of 'The Ivestment Tracker".His investment letter is commented on in Barons from time to time. He recommends purchasing some European stocks at this time and even if they do not appreciate in value, you would get a good return based in the increasing value of the Euro. Perhaps your situation has brought to our attentions a good possible investment. Steve - --- Tom Worley wrote: > 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. __________________________________________________ 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 20:18:32 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] Way Off Topic - More stress - my firm's being bought out Maybe, but any investments in Europe should really be planned on a several year basis, and in that time the US economy may pick up far faster than Europe's. Maybe even Japan might be quicker - NOT! On the other hand, any market commentator that uses phrases like "has to" with respect to any segment of the market is to be avoided. You don't tell the market what it must do, shall do, has to do, etc. Instead, the smart investor (and market commentator, if there are any), listens to the market tell you what it IS doing. In the process, it may even give you a clue what it might "gonna do". Tom Worley stkguru@netside.net ICQ # 5568838 - ----- Original Message ----- From: Steve F To: Sent: Monday, April 02, 2001 7:58 PM Subject: Re: [CANSLIM] Way Off Topic - More stress - my firm's being bought out I heard a speaker this past weekend talk about the Euro stating that the Euro "has to" increase in value for the balance of the year. Kenneth Coleman of 'The Ivestment Tracker".His investment letter is commented on in Barons from time to time. He recommends purchasing some European stocks at this time and even if they do not appreciate in value, you would get a good return based in the increasing value of the Euro. Perhaps your situation has brought to our attentions a good possible investment. Steve - --- Tom Worley wrote: > 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. __________________________________________________ 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 21:31:05 -0400 From: "Hugh Fader" Subject: [CANSLIM] CHIC This is a multi-part message in MIME format. - ------=_NextPart_000_000B_01C0BBBC.3AF73860 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: 7bit CHIC has formed an 8 week base. Top stock in Retail-Apparel/Shoe. Stats: 99 97 A A A. Accelerated growth the last 3 quarters and ROE of 33. It's a small cap stock $632M. Funds only hold 4%. Other companies in this group are also setting up: CHBS, HOTT, ANF. - - Hugh - ------=_NextPart_000_000B_01C0BBBC.3AF73860 Content-Type: application/ms-tnef; name="winmail.dat" Content-Transfer-Encoding: base64 Content-Disposition: attachment; filename="winmail.dat" eJ8+IggBAQaQCAAEAAAAAAABAAEAAQeQBgAIAAAA5AQAAAAAAADoAAEIgAcAGAAAAElQTS5NaWNy b3NvZnQgTWFpbC5Ob3RlADEIAQ2ABAACAAAAAgACAAEGgAMADgAAANEHBAACABUAHwAAAAEAEwEB A5AGAFgIAAAoAAAACwACAAEAAAALACMAAAAAAAMAJgAAAAAACwApAAAAAAADADYAAAAAAB4AcAAB AAAABQAAAENISUMAAAAAAgFxAAEAAAAWAAAAAcC73cCIkaP/7CesEdWrYABQBBKi3AAAAgEdDAEA AAAUAAAAU01UUDpIRkFERVJAVVNBLk5FVAALAAEOAAAAAEAABg4Aogi93bvAAQIBCg4BAAAAGAAA AAAAAACzurARUiTUEateAFAEEqLcwoAAAAMAFA4BAAAACwAfDgEAAAACAQkQAQAAAA8EAAALBAAA ewwAAExaRnWwiegsAwAKAHJjcGcxMjWCMgNDaHRtbDEDMD8BAwH3CoACpAPjAgBjaMEKwHNldDAg BxMCgP8QAwBQBFYIVQeyEdUOUQMB3RDXMgYABsMR1TMERhDZ+RLvZjQDxhGFEeMI7wn3tjsaHw4w NRHSDGBjAFAzCwkBZDM2EWALpTQgWRACKlwOsgGQZx7AMwAgPCFET0NUWQBQRSBIVE1MIABQVUJM SUMgIkAtLy9XM0MhgEQkVEQglDQuEWBUcjkAcnRpAiAHQCGARU58Ij4R4x83H+AKoyPsMT45H/Ag oiPeHtAmQEVBvkQj3Q7xJP8o7yXENg7wwDxNRVRBIAWgAjAxCfB0PSIF4CCjNS4QNTAuNA5AMi4x YDgwMCIgI1AHgD0CRyOgRVJBVE9S9SPdNCuxLyfPH6EqXx+Rwy1QH/BCT0RZI90eQRExv2c5Nh/w RElW9yPQH0MAISAAADY1EWAfGVw2NDYfNyIe+zgnkVO4UEFOLCALYAQQPR4wBy3wDiE7cC0wMzA0 nwHQO3A2Dzk/DhA0OB/wwEZPTlQgZgDQLmDVBxMgAJB6LmAyPGsYMM8DsgHQAzA210NIITERAMsE IAIQcgeAZCADkT6wiy88NFV3CeBrIGI7ACRlLiKwb3A/0HRvPmNFEAuAB/ARQAtwbC0UQXAKsWUj cFNobwVFYVMBkHRzOiA5OSYgOTcRcEhyRXBBY/0/UGwEkEfQQxFDnzSCCcAgb3d0aCBLQGUg5zrx BUAf4HF1CsAsYBEgU0MxQyBSTyCAbzaQM+IzRXBJdCdMkT/QAMASbAMgY2FFtiQ2M+QyTUVwRnVM wAQgSb9zNIICIGx5QoAG8EMgNNQlLiVMNTWhLz7iPGn7PHc5bTkU8DAwOpJTfzce/wHAPHcKolQo CoAlTDwAMCH/NdxULzPfNO81/1c/OB9cX/86PztPPF9ibz5/P4QKoz/v/0D/Zs9S31vPVP9WD24v Y1VgJm5ic3ACgGXHXPwnYQFAYB9YH1kvWj9bT/9xD11vXn9l72CffD9xX2PPf2Tffl9m/2gPaW9q f30DT/dLcQXABaBtCrADAAeRRjGvT+96cktABAAgSwF1RbDjRwFDMGxzb4XAEUAjIDhuZyCLMEgA QkBCU2IsIJBPVFSM8ICgRv9R/2zfeK9u/48vc/91D3Yf/3cvkh95T3pfe298f32Pgt//f6+Av4HP nZ+D72hPaV+Gz/+iX45vl1+Qj5Gfqb9x33Lv/5L/lA+VH5Yvq++YT5lfmm//m3+cj6Hfnq+fv6DP uk+i72eE/6Vfpm8gLYlfthNI+HVnaKePqJ+0b6q/xx+/r7+wz7Hfsu/KDx7sNcBRfi8zHx+hSGAw MSZvJLd9AdSgAAMAAlkAABYAAwAJWQIAAAALAACACCAGAAAAAADAAAAAAAAARgAAAAADhQAAAAAA AAMAAoAIIAYAAAAAAMAAAAAAAABGAAAAABCFAAAAAAAAAwAHgAggBgAAAAAAwAAAAAAAAEYAAAAA UoUAACdqAQAeAAmACCAGAAAAAADAAAAAAAAARgAAAABUhQAAAQAAAAQAAAA5LjAAHgAKgAggBgAA AAAAwAAAAAAAAEYAAAAANoUAAAEAAAABAAAAAAAAAB4AC4AIIAYAAAAAAMAAAAAAAABGAAAAADeF AAABAAAAAQAAAAAAAAAeAAyACCAGAAAAAADAAAAAAAAARgAAAAA4hQAAAQAAAAEAAAAAAAAAHgAO gAggBgAAAAAAwAAAAAAAAEYAAAAAg4UAAAEAAAATAAAANjAwMDEyNTAxLTAzMDQyMDAxAAALABGA CCAGAAAAAADAAAAAAAAARgAAAAAGhQAAAAAAAAMAEoAIIAYAAAAAAMAAAAAAAABGAAAAAAGFAAAA AAAACwAbgAggBgAAAAAAwAAAAAAAAEYAAAAADoUAAAAAAAADAByACCAGAAAAAADAAAAAAAAARgAA AAARhQAAAAAAAAMAHoAIIAYAAAAAAMAAAAAAAABGAAAAABiFAAAAAAAAAgH4DwEAAAAQAAAAs7qw EVIk1BGrXgBQBBKi3AIB+g8BAAAAEAAAALO6sBFSJNQRq14AUAQSotwCAfsPAQAAAF4AAAAAAAAA OKG7EAXlEBqhuwgAKypWwgAAbXNwc3QuZGxsAAAAAABOSVRB+b+4AQCqADfZbgAAAEM6XE15IERv Y3VtZW50c1xIVUdIXE91dGxvb2tcbWFpbGJveC5wc3QAAAADAP4PBQAAAAMADTT9NwAAAgF/AAEA AAAxAAAAMDAwMDAwMDBCM0JBQjAxMTUyMjRENDExQUI1RTAwNTAwNDEyQTJEQzQ0MzgzMTAwAAAA AAMABhBrCubuAwAHEM4AAAADABAQAAAAAAMAERAAAAAAHgAIEAEAAABlAAAAQ0hJQ0hBU0ZPUk1F REFOOFdFRUtCQVNFVE9QU1RPQ0tJTlJFVEFJTC1BUFBBUkVML1NIT0VTVEFUUzo5OTk3QUFBQUND RUxFUkFURURHUk9XVEhUSEVMQVNUM1FVQVJURVJTQQAAAACTGQ== - ------=_NextPart_000_000B_01C0BBBC.3AF73860-- - - - -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 21:30:07 -0500 From: "D & N Boyd" Subject: [CANSLIM] Cup forming? All, Is it me or are there a more stocks than usual well into the right side of a cup and many nearing a breakout or handle? Norman Boyd theboyd@tisd.net - - - -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: Tue, 3 Apr 2001 07:41:51 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] CHIC Hi Hugh, As a base, it's pretty sloppy. I would be more likely to call this a one week handle on a shallow cup (or correction) as a result of the sharp drop in early March. Otherwise, I agree with you, not only good year to year comparisons, but also sequentially. I would also treat this as a mid cap rather than a small cap, with the market value already exceeding $600 million. Worth watching. Tom Worley stkguru@netside.net ICQ # 5568838 - ----- Original Message ----- From: Hugh Fader To: CANSLIM List (E-mail) Sent: Monday, April 02, 2001 9:31 PM Subject: [CANSLIM] CHIC CHIC has formed an 8 week base. Top stock in Retail-Apparel/Shoe. Stats: 99 97 A A A. Accelerated growth the last 3 quarters and ROE of 33. It's a small cap stock $632M. Funds only hold 4%. Other companies in this group are also setting up: CHBS, HOTT, ANF. - - Hugh - - - -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: Tue, 3 Apr 2001 08:00:00 -0600 From: owner-canslim@xmission.com (Jeff Salisbury) Subject: [CANSLIM] Accessing the discussion canslim archives... From time to time, CANSLIM members may wish to browse the discussion archives. This posting provides instructions on how to access the archives. Thanks to David Cameron for compiling the essentials of this message. Here are the two ways to access the archives: 1. The best way is to use your web browser. To browse the archives, point your browser to: http://www.xmission.com/~mcjathan/cgi/lwgate.cgi/CANSLIM/ You can do simple key-word searches on the archive by going to: http://www.xmission.com/~mcjathan/canslim/search.html 2. (Not as convenient) via email: Send an email to majordomo@xmission.com with the following as the body of your message: "index canslim". Then send a follow up email to request an old email from either the "archive" or "latest" directory. Note that your request must be in the body of your email. For example: "get canslim latest/001" will retrieve file "001" from the "latest" directory. "get canslim archive/v01.n066" will retrieve file "v01.n066" from the "archive" dir. Best Regards, Jeff Salisbury - CANSLIM list owner/admin - - - -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: Tue, 3 Apr 2001 08:18:24 -0700 From: "DiFabio, Nancy" Subject: RE: [CANSLIM] CHIC 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_01C0BC51.2303A26C Content-Type: text/plain; charset=iso-8859-1 Content-Transfer-Encoding: 7bit WON on occasion has mentioned "stage bases" indicating that "third-stage" and "fourth-stage bases are more likely to fail than those in the "first" and "second stage". Can someone tell me in what "stage" base CHIC, RCII and HOTT are at this time? - -----Original Message----- From: Tom Worley [mailto:stkguru@netside.net] Sent: Tuesday, April 03, 2001 4:42 AM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] CHIC Hi Hugh, As a base, it's pretty sloppy. I would be more likely to call this a one week handle on a shallow cup (or correction) as a result of the sharp drop in early March. Otherwise, I agree with you, not only good year to year comparisons, but also sequentially. I would also treat this as a mid cap rather than a small cap, with the market value already exceeding $600 million. Worth watching. Tom Worley stkguru@netside.net ICQ # 5568838 - ----- Original Message ----- From: Hugh Fader To: CANSLIM List (E-mail) Sent: Monday, April 02, 2001 9:31 PM Subject: [CANSLIM] CHIC CHIC has formed an 8 week base. Top stock in Retail-Apparel/Shoe. Stats: 99 97 A A A. Accelerated growth the last 3 quarters and ROE of 33. It's a small cap stock $632M. Funds only hold 4%. Other companies in this group are also setting up: CHBS, HOTT, ANF. - - Hugh - - - -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 04/03/01 08:17:18 - ------------------------------------------------------------------------------ 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_01C0BC51.2303A26C Content-Type: text/html; charset=iso-8859-1 Content-Transfer-Encoding: quoted-printable RE: [CANSLIM] CHIC

WON on occasion has mentioned "stage bases" = indicating that "third-stage" and "fourth-stage bases are = more likely to fail than those in the "first" and "second = stage".  Can someone tell me in what "stage" base CHIC,= = RCII and HOTT are at this time?

-----Original Message-----
From: Tom Worley [mailto:stkguru@netside.net]
Sent: Tuesday, April 03, 2001 4:42 AM
To: canslim@lists.xmission.com
Subject: Re: [CANSLIM] CHIC


Hi Hugh,

As a base, it's pretty sloppy. I would be more likely to = call
this a one week handle on a shallow cup (or correction) = as a
result of the sharp drop in early March. Otherwise, I = agree with
you, not only good year to year comparisons, but = also
sequentially.

I would also treat this as a mid cap rather than a small = cap,
with the market value already exceeding $600 = million.

Worth watching.

Tom Worley
stkguru@netside.net
ICQ # 5568838


----- Original Message -----
From: Hugh Fader <hfader@usa.net>
To: CANSLIM List (E-mail) = <canslim@lists.xmission.com>
Sent: Monday, April 02, 2001 9:31 PM
Subject: [CANSLIM] CHIC


CHIC has formed an 8 week base. Top stock in = Retail-Apparel/Shoe.
Stats: 99
97 A A A. Accelerated growth the last 3 quarters and ROE= = of 33.
It's a small
cap stock $632M. Funds only hold 4%.

Other companies in this group are also setting up: CHBS, = HOTT,
ANF.

- Hugh



-
-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 04/03/01 08:17:18
- ---------------------------------------------------------------------------= - ---
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_01C0BC51.2303A26C-- - - - -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: Tue, 03 Apr 2001 09:10:07 -0700 From: Tim Fisher Subject: RE: [CANSLIM] CHIC IMHO they are all in 2nd stage bases. This concept has been refined and tested by Ian Woodward and he calls them Cha-Cha-Cha stocks, they usually double, base, double again, base, double again, then crash. Not all stocks turn into Cha-Cha-Chas, and the industries of these three don't produce many if any of them. They are usually techs. I wouldn't worry about those three yet. On 08:18 AM 4/3/01, DiFabio, Nancy Said: >WON on occasion has mentioned "stage bases" indicating that "third-stage" >and "fourth-stage bases are more likely to fail than those in the "first" >and "second stage". Can someone tell me in what "stage" base CHIC, RCII >and HOTT are at this time? > >-----Original Message----- >From: Tom Worley [mailto:stkguru@netside.net] >Sent: Tuesday, April 03, 2001 4:42 AM >To: canslim@lists.xmission.com >Subject: Re: [CANSLIM] CHIC > >Hi Hugh, > >As a base, it's pretty sloppy. I would be more likely to call >this a one week handle on a shallow cup (or correction) as a >result of the sharp drop in early March. Otherwise, I agree with >you, not only good year to year comparisons, but also >sequentially. > >I would also treat this as a mid cap rather than a small cap, >with the market value already exceeding $600 million. > >Worth watching. > >Tom Worley >stkguru@netside.net >ICQ # 5568838 > >----- Original Message ----- >From: Hugh Fader >To: CANSLIM List (E-mail) >Sent: Monday, April 02, 2001 9:31 PM >Subject: [CANSLIM] CHIC > >CHIC has formed an 8 week base. Top stock in Retail-Apparel/Shoe. >Stats: 99 >97 A A A. Accelerated growth the last 3 quarters and ROE of 33. >It's a small >cap stock $632M. Funds only hold 4%. > >Other companies in this group are also setting up: CHBS, HOTT, >ANF. > >- Hugh > > >- >-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 04/03/01 08:17:18 >------------------------------------------------------------------------------ >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. > > >============================================================================== Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - - - -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: Tue, 3 Apr 2001 13:06:11 -0600 From: "Robert McGill" Subject: [CANSLIM] Date: Tue, 3 Apr 2001 15:02:25 -0400 nasdaq has been in freefall. Possible blowoff bottom? China incident maybe has been the catalyst? - - - -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 #1252 ****************************** 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.