From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #1281 Reply-To: canslim Sender: owner-canslim-digest@lists.xmission.com Errors-To: owner-canslim-digest@lists.xmission.com Precedence: bulk Content-Transfer-Encoding: quoted-printable X-No-Archive: yes canslim-digest Sunday, April 15 2001 Volume 02 : Number 1281 In this issue: Re: [CANSLIM] SGR, CPRT Re: [CANSLIM] pivot points Re: [CANSLIM] pivot points Re: [CANSLIM] DGO Special Report RE: [CANSLIM] good article on overhead resistance Re: [CANSLIM] good article on overhead resistance [CANSLIM] SEARCHING THE CANSLIM ARCHIVE Re: [CANSLIM] good article on overhead resistance [CANSLIM] Barron's Mon issue RE: [CANSLIM] Barron's Mon issue Re: [CANSLIM] Barron's Mon issue [CANSLIM] Top Companies in Top Industry Groups - Special Report RE: [CANSLIM] Canslim Possibilities? Re: [CANSLIM] Top Companies in Top Industry Groups - Special Report ---------------------------------------------------------------------- Date: Sat, 14 Apr 2001 22:06:50 -0600 From: esetser Subject: Re: [CANSLIM] SGR, CPRT These two look pretty good to me. Both appear to have broken to next 52 week highs on Friday, and could be snatched early on Monday. SGR isn't one that has made my list, but it looks pretty good coming out of the 7 week base. CPRT is one that is at the top few stocks of my watch list for Monday as I consider whether it's time to tiptoe back in for a position or two. At 07:32 PM 4/14/01 -0700, you wrote: >OK, this is my first bona fide attempt at picking out some initial toe >dippings for Monday........any thoughts would be appreciated. > >SGR.....#1 in group, Best in all 4 categories in checkup, 93 98 BBA, nice RS >line, not too far extended and up in volume, and not mentioned >much......maybe that's good, maybe I'm missing something..... > >Another one seldom mentioned, CPRT.....96 93 BAA, another #1 in group, not >exactly C/H but what in the universe is at this point? > >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. ------------------------------ Date: Sun, 15 Apr 2001 00:05:06 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] pivot points Bob, Your pivot point is just that, your desired buy point. It can be arrived at by several methods. Some use the prior high (12 month high, recent high, all time high). It can be the high point in a decent, tight base (even when that base is below the "high"). It can be a fraction over the high point of a handle. It can be the fraction higher than the left side of a cup. It can also be the maximum over a base where the stock becomes extended, some use 10% and some use 5%, and some use some other percentage. Tom Worley stkguru@netside.net - ----- Original Message ----- From: Robert McGill To: Sent: Saturday, April 14, 2001 6:17 PM Subject: [CANSLIM] pivot points I didn't understand the recent discussion on pivot points other than that they are your buy point and are crucial? I went back through HTMMIS's but still couldn't really grasp it. Would some be kind enough to provide a little more info on this impt subject? Bob - - - -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: Sat, 14 Apr 2001 21:43:59 -0700 From: "Mike Lucero" Subject: Re: [CANSLIM] pivot points The pivot point is near the old high or high close, above 99% of all previous stock action. This value has proved to be resistance for at least 6-8 weeks, and it is significant when the stock breaks above it, especially on high volume. When a stock clears resistance, it then becomes support. The longer resistance is unbroken, and the more times it is tested and stays unbroken, the more important it is when it is finally broken. Mike - ----- Original Message ----- From: "Robert McGill" To: Sent: Saturday, April 14, 2001 3:17 PM Subject: [CANSLIM] pivot points > I didn't understand the recent discussion on pivot points other than that > they are your buy point and are crucial? I went back through HTMMIS's but > still couldn't really grasp it. Would some be kind enough to provide a > little more info on this impt subject? Bob > > > - > -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: Sat, 14 Apr 2001 21:47:19 -0700 (PDT) From: Kent Norman Subject: Re: [CANSLIM] DGO Special Report Sorry, I got my critters crossed. I meant BULL. Kent - --- Tom Worley wrote: > Better not be a new bear, we don't even have the old > one back in > the cave yet!! > > Tom Worley > stkguru@netside.net > > > ----- Original Message ----- > From: Kent Norman > To: > Sent: Saturday, April 14, 2001 6:59 AM > Subject: Re: [CANSLIM] DGO Special Report > > > So is this their way of telling us the leading > groups > and stocks as the new bear starts? > > Kent Norman > > --- esetser wrote: > > Yes, according to the note, "From time to time we > > produce special screens > > from the O'Neil Database® as market action may > > warrant. We've prepared a > > screen of the 9 best performing Industry Groups > and > > listed up to the top > > five performing > > stocks among each group. Stocks under $15 have > been > > eliminated. This is a > > list of "ideas". It is essential that you do your > > own research on any of > > these stocks. No offer on our part with respect > to > > the sale or purchase of > > any securities is intended or implied. This > > screen will be available > > through Sunday, April 15, 2001." > > > > It looks to me like they took stocks with EPS/RS > of > > 87 or better, and then > > selected the top 5 for each group using the sum of > > EPS and RS. I believe > > you could perform this scan yourself each weekend > by > > sorting the DG Index > > report put out each Friday. I got a very similar > > list by using last > > weekends list, with only a couple of stocks > > different (based on when they > > did the list I bet). > > > > At 03:17 PM 4/13/01 -0700, you wrote: > > >I was just taking a look at DGO's Report list and > > noticed at the bottom a > > >report I hadn't seen before. > > >It's called Top Companies in Top Industry Groups. > > It's a list of up to 5 of > > >the best performing stocks in > > >the 9 best performing Industry groups. Only 29 > > stocks in it. DGO says the > > >list will only be up until > > >April 15. Interesting. Maybe they are saying > don't > > despair...There are a > > >few out there. Textile > > >Apparel-Mfg and Bldg-Residential/Commerical each > > had 5 stocks. > > >Leisure-Gaming had 4 and so did Medical > > -Outpatient/Hm Care. I saw 5 stocks > > >that > > >I would consider...one in each of 5 different > > groups. Some of the stocks I > > >couldnt figure what they > > >were doing in there. High Fund ownership, like > over > > 40%, or high debt of > > >over 50%.Other than that > > >they were all relatively strong stocks. EPS was > > greater > > >than 77. Same with RS. GRS greater than 93. > > Majority of them had SMR of A > > or B. > > >Overall it was an interesting list to put out > > there. > > > > > > > > > > > > > > > > > > > > > > > >Doug Chiurato > > >dzc@qwest.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. > > > > > > > > > > - > > -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/ > > - > -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/ - - - -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, 15 Apr 2001 09:54:05 -0400 From: "Dave Rubin" Subject: RE: [CANSLIM] good article on overhead resistance I agree, this article is pretty silly. 21 years before JDSU returns to old highs? Please. Both JDSU and CSCO will likely be at new highs long before that. At least it's a gauge that there is some true bearishness out there. Maybe we're close to a market bottom after all. > -----Original Message----- > From: owner-canslim@lists.xmission.com > [mailto:owner-canslim@lists.xmission.com]On Behalf Of Tom Worley > Sent: Sunday, April 15, 2001 12:00 AM > To: canslim@lists.xmission.com > Subject: Re: [CANSLIM] good article on overhead resistance > > > Bob, > > Articles like this are simply trash journalism by airhead > commentators who haven't had an original thought, or intelligent > grasp of the stock markets, since they finished high school. > They certainly do not understand investors expectations, or > willingness to buy into dreams and hopes. > > It makes no logical sense to try to measure CSCO or JDSU future > prospects or pricing based on the S&P500 Index, much less that > index since 1926, for heaven's sake. > > If you want to really understand the implications of overhead > resistance, go back and study the charts and dialogue related in > HTMMIS. Read the paragraphs on Overhead Supply, that is why I > only look at lists of stocks near or making new highs. > > Tom Worley > stkguru@netside.net > > > ----- Original Message ----- > From: Robert McGill > To: > Sent: Saturday, April 14, 2001 6:47 PM > Subject: [CANSLIM] good article on overhead resistance > > > http://biz.yahoo.com/rb/010414/business_stocks_years_dc.html > > > - > -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: Sun, 15 Apr 2001 09:24:25 -0500 From: "walter nusbaum" Subject: Re: [CANSLIM] good article on overhead resistance - ----- Original Message ----- From: "Tom Worley" To: Sent: Saturday, April 14, 2001 10:59 PM Subject: Re: [CANSLIM] good article on overhead resistance > Bob, > > Articles like this are simply trash journalism by airhead > commentators who haven't had an original thought, or intelligent > grasp of the stock markets, since they finished high school. > They certainly do not understand investors expectations, or > willingness to buy into dreams and hopes. > > It makes no logical sense to try to measure CSCO or JDSU future > prospects or pricing based on the S&P500 Index, much less that > index since 1926, for heaven's sake. > Tom Worley > stkguru@netside.net Tom, The 11% return since 1926 so often quoted in the press seems bogus to me. While it is an absolute number and an accepted standard, it's not one that anyone should be trying to beat. There have been some twenty-four bear markets since 1926, each lasting an average of eleven months("Smart Money", May '01). That is the equivalent of twenty-two years of no returns at all. If WON's "M" was included in the mix and taking into account that nailing the absolute tops and bottoms is not possible, I would suggest(without proof) that an additional ten percent per year(compounded) could be added to a CANSLIM account.(Perhaps more if margin buying and shorting were employed). Comments? Best wishes, Walt - - - -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, 15 Apr 2001 07:41:31 -0700 From: Craig Whitt Subject: [CANSLIM] SEARCHING THE CANSLIM ARCHIVE Hi Jeff, I'm having trouble with the search function for the CANSLIM Archive. When I do a keyword search for anything (even CANSLIM itself), I'm returned a copy of the CGI script for Simple Search. The problem is browser-independent, as I tried both IE and Netscape. Do you recognize what might be going on? Thanks, Craig Whitt - -- > From: owner-canslim@xmission.com (Jeff Salisbury) > Reply-To: canslim@lists.xmission.com > Date: Tue, 3 Apr 2001 08:00:00 -0600 > To: canslim@lists.xmission.com > 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. - - - -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, 15 Apr 2001 11:56:27 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] good article on overhead resistance Walt, For the work an active CANSLIM investor must do, he or she certainly deserves to get better results than the S&P500 index. Any investor, CANSLIM or other, that is not doing this should just buy an index fund and forget about managing their investments. Personally, I consider a minimum of 20% return to be least acceptable. If you understand most of CANSLIM, and are diligent, I believe your target should be more on the order of 30 to 40%. Tom Worley stkguru@netside.net - ----- Original Message ----- From: walter nusbaum To: Sent: Sunday, April 15, 2001 10:24 AM Subject: Re: [CANSLIM] good article on overhead resistance - ----- Original Message ----- From: "Tom Worley" To: Sent: Saturday, April 14, 2001 10:59 PM Subject: Re: [CANSLIM] good article on overhead resistance > Bob, > > Articles like this are simply trash journalism by airhead > commentators who haven't had an original thought, or intelligent > grasp of the stock markets, since they finished high school. > They certainly do not understand investors expectations, or > willingness to buy into dreams and hopes. > > It makes no logical sense to try to measure CSCO or JDSU future > prospects or pricing based on the S&P500 Index, much less that > index since 1926, for heaven's sake. > Tom Worley > stkguru@netside.net Tom, The 11% return since 1926 so often quoted in the press seems bogus to me. While it is an absolute number and an accepted standard, it's not one that anyone should be trying to beat. There have been some twenty-four bear markets since 1926, each lasting an average of eleven months("Smart Money", May '01). That is the equivalent of twenty-two years of no returns at all. If WON's "M" was included in the mix and taking into account that nailing the absolute tops and bottoms is not possible, I would suggest(without proof) that an additional ten percent per year(compounded) could be added to a CANSLIM account.(Perhaps more if margin buying and shorting were employed). Comments? Best wishes, Walt - - - -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: Sun, 15 Apr 2001 12:07:44 -0400 From: "Robert McGill" Subject: [CANSLIM] Barron's Mon issue Anyone taken a look at this issue. Most negative bearish thing I've seen in a while. I'm hoping that it doesn't put an end to our little rally. - - - -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, 15 Apr 2001 17:12:20 +0100 From: "Hiten J Shah" Subject: RE: [CANSLIM] Barron's Mon issue Now may indeed just be the right time to buy in. - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Robert McGill Sent: 15 April 2001 17:08 To: canslim@lists.xmission.com Subject: [CANSLIM] Barron's Mon issue Anyone taken a look at this issue. Most negative bearish thing I've seen in a while. I'm hoping that it doesn't put an end to our little rally. - - - -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: Sun, 15 Apr 2001 12:24:13 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] Barron's Mon issue I agree, I usually consider Barron's to be part of the trash journalism periodicals. Should only be sold at the checkout counters of grocery stores. Tom Worley stkguru@netside.net - ----- Original Message ----- From: Hiten J Shah To: Sent: Sunday, April 15, 2001 12:12 PM Subject: RE: [CANSLIM] Barron's Mon issue Now may indeed just be the right time to buy in. - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Robert McGill Sent: 15 April 2001 17:08 To: canslim@lists.xmission.com Subject: [CANSLIM] Barron's Mon issue Anyone taken a look at this issue. Most negative bearish thing I've seen in a while. I'm hoping that it doesn't put an end to our little rally. - - - -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: Sun, 15 Apr 2001 13:04:32 -0400 From: "Tom Worley" Subject: [CANSLIM] Top Companies in Top Industry Groups - Special Report This is a multi-part message in MIME format. - ------=_NextPart_000_005A_01C0C5AC.9D470D20 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable I just finished going thru the 29 stocks on this special, one time = report at DGO. I still am not sure what the message is, in part because = I cannot figure out the stock selection criteria. I had expected that = it would list the "top stocks" in the nine industries selected, but find = this is not the case (DG and DGO, and I think IBD as well, rank stocks = by RS, then by EPS). For example, HOV is ranked # 2 by RS in the Bldg-Resident/Comm group, = but is not listed at all. In the Tobacco group, GLH is listed, but does = not rank even in the top five. It appears that market cap was used as at least part of the selection = criteria, the bigger the better. But I found some exceptions to this as = well. Chart patterns did not seem to matter as much as size, many on the list = had much poorer charts than some higher ranking, but smaller, stocks in = the same group. The message I perceive from the "senior members" of the DGO staff that = compiled this list is that we should only be looking at big cap stocks, = and forget ranking (or even best of leadership), and put less importance = on the quality of the chart formation. Not an encouraging message, = assuming they know what they are doing. I have written CustServ for clarification on the selection criteria, = since it apparently differs from their traditional methods. For me, I am sticking to my small and micro caps for now. Tom Worley stkguru@netside.net - ------=_NextPart_000_005A_01C0C5AC.9D470D20 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
I just finished going thru the 29 stocks on this = special, one=20 time report at DGO. I still am not sure what the message is, in part = because I=20 cannot figure out the stock selection criteria.  I had expected = that it=20 would list the "top stocks" in the nine industries selected, but find = this is=20 not the case (DG and DGO, and I think IBD as well, rank stocks by RS, = then by=20 EPS).
 
For example, HOV is ranked # 2 by RS in the = Bldg-Resident/Comm=20 group, but is not listed at all. In the Tobacco group, GLH is listed, = but does=20 not rank even in the top five.
 
It appears that market cap was used as at least part = of the=20 selection criteria, the bigger the better. But I found some exceptions = to this=20 as well.
 
Chart patterns did not seem to matter as much as = size, many on=20 the list had much poorer charts than some higher ranking, but smaller, = stocks in=20 the same group.
 
The message I perceive from the "senior members" of = the DGO=20 staff that compiled this list is that we should only be looking at big = cap=20 stocks, and forget ranking (or even best of leadership), and put less = importance=20 on the quality of the chart formation. Not an encouraging message, = assuming they=20 know what they are doing.
 
I have written CustServ for clarification on the = selection=20 criteria, since it apparently differs from their traditional=20 methods.
 
For me, I am sticking to my small and micro caps for = now.
 
Tom Worley
stkguru@netside.net
 
 
- ------=_NextPart_000_005A_01C0C5AC.9D470D20-- - - - -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, 15 Apr 2001 13:09:15 -0400 From: Joseph Light Subject: RE: [CANSLIM] Canslim Possibilities? - --------------9FCDC5D4DAF6D920F5D1AB50 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit MTON - Isn't the handle too steep (more than 15% from the peak)? Does that concern you? -----Original Message----- From: Rob [mailto:robstarr@nvbell.net] Sent: Saturday, April 14, 2001 6:52 AM To: canslim@lists.xmission.com Subject: [CANSLIM] Canslim Possibilities? Here are a few Canslim-type stocks that look to me like they are showing constructive action. Comments welcome. Rob GENZ - Possibly breaking out of a 4 month base. Nice volume increase on up days. EPS rating is 90, earnings and revenue growth are not knock-out but it is a biotech and at least it has something there. Group strength is weak, however DG shows 5 stocks in the group with a RS of 90+ and per David Ryan this overrides the weak group strength. RS rating of 96 with RS line into new high ground before price. Earnings due 4/20 so maybe beginning a run prior to the earnings release. MTON - Broke out of a steep handle a few days ago. Possibily pausing here ready to break out of a 2 1/2 month base. Great earnings and revenue percentage growth as well as very nice sequential optics. Nice volume pick up on up days. (I'm discounting the volume spike on the downside on 4/2 and the day after, as 4/2 was the day it was added to an index.) RS line into new highs a week ago. Weak group. Debt a little high at 59%. A little concern with the 2002 earnings estimate, but those numbers can of course change. NVDA - Nice earnings and revenue growth. Chart appears constructive, with higher highs and lows and a tighter pattern since December. Another strong RS line, and another weak group. Nvidia appears to be the leader of the Graphics group. ALSI - Possibly getting ready to break out from about a 6 month cup with handle formation. Very high EPS, RS and GS numbers. RS line appears ready to lead price into new highs. Nine days of short interest may be a positive. Would use caution buying now as EPS is due in a few days. A little illiquid with ADV only 116K. Another negative is the two distribution days in the past two weeks. Nonetheless, stock looks like it is ready with the volume having gone "quiet" in the past week and two mild accumulation days in the past four. "WorldSecure " made the following annotations on 04/14/01 10:11:14 - ------------------------------------------------------------------------------ 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. I would buy that if the other three quarters showed growth, instead of such a sharp decline year to year. But one successful qtr out of four is not CANSLIM. Tom Worley stkguru@netside.net ============================================================================== 'm looking at a multitude of graphs for ALSI. Where's the cup? Where's the handle? If I'm missing something, please give me your base analysis. I find it difficult at times to spot a cup and handle base that doesn't shout out to me. Thanks. Hi Nancy, To my eyes the cup is from about the third week of October to mid-January, and the handle (somewhat longer than typical) is from mid-January to today. It is clearer on a weekly chart. Also note the positive volume accumulation on the weekly chart, since mid-December I count a half dozen accumulation weeks and only one week of distribution. MTON - Isn't the handle too steep (more than 15% from the peak)? Does that concern you? I identified the handle as being steep in my note attempting to indicate that it was of some concern. Certainly it is not optimal but I'll make some allowances given the market as of late. It seems to me that the subjective weighing of the various factors is part of what makes Canslim as much art as science. Best, Rob - --------------9FCDC5D4DAF6D920F5D1AB50 Content-Type: text/html; charset=us-ascii Content-Transfer-Encoding: 7bit MTON - - Isn't the handle too steep (more than 15% from the peak)?  Does that concern you? 
-----Original Message-----
From: Rob [mailto:robstarr@nvbell.net]
Sent: Saturday, April 14, 2001 6:52 AM
To: canslim@lists.xmission.com
Subject: [CANSLIM] Canslim Possibilities?
Here are a few Canslim-type stocks that look to me like they are showing constructive action.  Comments welcome.  Rob GENZ - Possibly breaking out of a 4 month base.  Nice volume increase on up days.  EPS rating is 90, earnings and revenue growth are not knock-out but it is a biotech and at least it has something there.  Group strength is weak, however DG shows 5 stocks in the group with a RS of 90+ and per David Ryan this overrides the weak group strength.  RS rating of 96 with RS line into new high ground before price.  Earnings due 4/20 so maybe beginning a run prior to the earnings release. MTON - Broke out of a steep handle a few days ago.  Possibily pausing here ready to break out of a 2 1/2 month base.  Great earnings and revenue percentage growth as well as very nice sequential optics.  Nice volume pick up on up days.  (I'm discounting the volume spike on the downside on 4/2 and the day after, as 4/2 was the day it was added to an index.)  RS line into new highs a week ago.  Weak group.  Debt a little high at 59%.  A little concern with the 2002 earnings estimate, but those numbers can of course change. NVDA - Nice earnings and revenue growth.  Chart appears constructive, with higher highs and lows and a tighter pattern since December.  Another strong RS line, and another weak group.  Nvidia appears to be the leader of the Graphics group. ALSI - Possibly getting ready to break out from about a 6 month cup with handle formation.  Very high EPS, RS and GS numbers.  RS line appears ready to lead price into new highs.  Nine days of short interest may be a positive.  Would use caution buying now as EPS is due in a few days.  A little illiquid with ADV only 116K.  Another negative is the two distribution days in the past two weeks.  Nonetheless, stock looks like it is ready with the volume having gone "quiet" in the past week and two mild accumulation days in the past four.
"WorldSecure <irell.com>" made the following
annotations on 04/14/01 10:11:14
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I would buy that if the other three quarters showed growth,
instead of such a sharp decline year to year. But one successful
qtr out of four is not CANSLIM.

Tom Worley
stkguru@netside.net
 

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'm looking at a multitude of graphs for ALSI.  Where's the cup? Where's the handle? If I'm missing
     something, please give me your base analysis.  I find it difficult at times to spot a cup and handle base that
     doesn't shout out to me.

     Thanks.

     Hi Nancy, To my eyes the cup is from about the third week of October to mid-January, and the handle
     (somewhat longer than typical) is from mid-January to today.  It is clearer on a weekly chart.  Also note
     the positive volume accumulation on the weekly chart, since mid-December I count a half dozen
     accumulation weeks and only one week of distribution.

     MTON - Isn't the handle too steep (more than 15% from the peak)?  Does that concern you?

     I identified the handle as being steep in my note attempting to indicate that it was of some concern.
     Certainly it is not optimal but I'll make some allowances given the market as of late.  It seems to me that
     the subjective weighing of the various factors is part of what makes Canslim as much art as science.
     Best, Rob
 
  - --------------9FCDC5D4DAF6D920F5D1AB50-- - - - -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, 15 Apr 2001 13:22:44 -0400 From: "Robert McGill" Subject: Re: [CANSLIM] Top Companies in Top Industry Groups - Special Report This is a multi-part message in MIME format. - ------=_NextPart_000_000F_01C0C5AF.27EA7780 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Tom-Your message concerns me. More importance on large caps, less on = chart formations. What is going on over there. This seems to be = contradictory to WON. One other thing that concerns me is re DGO. = Specifically, in Investor's Corner, they are always giving you great = tips on what to look for in potential leaders, ie, cash flow 20% better = than eps, roe, and others, yet their database does not give you a way to = screen for this information they tell you is indicative of past winners. = To me a reference work is judged by the index in the back of the book = and how easy it is to access the information you are looking for. IBD = does not seem to offer any? maybe that's a little strong, perhaps much = would be better, help in sifting through this information for the key = variables which they have clearly identified as being important. I = guess to me they just don't seem to be that determined to offer all the = help they possibly could and really stand out as a superlative service, = Which leaves the door open for others to come in and offer better = service, maybe for companies like GSA. Maybe it's time for some = personnell changes over there. Bob ----- Original Message -----=20 From: Tom Worley=20 To: CANSLIM=20 Sent: Sunday, April 15, 2001 1:04 PM Subject: [CANSLIM] Top Companies in Top Industry Groups - Special = Report I just finished going thru the 29 stocks on this special, one time = report at DGO. I still am not sure what the message is, in part because = I cannot figure out the stock selection criteria. I had expected that = it would list the "top stocks" in the nine industries selected, but find = this is not the case (DG and DGO, and I think IBD as well, rank stocks = by RS, then by EPS). For example, HOV is ranked # 2 by RS in the Bldg-Resident/Comm group, = but is not listed at all. In the Tobacco group, GLH is listed, but does = not rank even in the top five. It appears that market cap was used as at least part of the selection = criteria, the bigger the better. But I found some exceptions to this as = well. Chart patterns did not seem to matter as much as size, many on the = list had much poorer charts than some higher ranking, but smaller, = stocks in the same group. The message I perceive from the "senior members" of the DGO staff that = compiled this list is that we should only be looking at big cap stocks, = and forget ranking (or even best of leadership), and put less importance = on the quality of the chart formation. Not an encouraging message, = assuming they know what they are doing. I have written CustServ for clarification on the selection criteria, = since it apparently differs from their traditional methods. For me, I am sticking to my small and micro caps for now. Tom Worley stkguru@netside.net - ------=_NextPart_000_000F_01C0C5AF.27EA7780 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable

Tom-Your message concerns me.  More importance = on large=20 caps, less on chart formations.  What is going on over there.  = This=20 seems to be contradictory to WON.  One other thing that concerns me = is re=20 DGO.  Specifically, in Investor's Corner, they are always giving = you great=20 tips on what to look for in potential leaders, ie, cash flow 20% better = than=20 eps, roe, and others, yet their database does not give you a way to = screen for=20 this information they tell you is indicative of past winners.  To = me a=20 reference work is judged by the index in the back of the book and how = easy it is=20 to access the information you are looking for.  IBD does not seem = to offer=20 any?  maybe that's a little strong, perhaps much would be better, = help in=20 sifting through this information for the key variables which they have = clearly=20 identified as being important.  I guess to me they just don't seem = to be=20 that determined to offer all the help they possibly could and really = stand out=20 as a superlative service, Which leaves the door open for others to come = in and=20 offer better service, maybe for companies like GSA.  Maybe it's = time for=20 some personnell changes over there.  Bob
----- Original Message -----
From:=20 Tom = Worley=20
To: CANSLIM
Sent: Sunday, April 15, 2001 = 1:04=20 PM
Subject: [CANSLIM] Top = Companies in Top=20 Industry Groups - Special Report

I just finished going thru the 29 stocks on this = special,=20 one time report at DGO. I still am not sure what the message is, in = part=20 because I cannot figure out the stock selection criteria.  I had = expected=20 that it would list the "top stocks" in the nine industries selected, = but find=20 this is not the case (DG and DGO, and I think IBD as well, rank stocks = by RS,=20 then by EPS).
 
For example, HOV is ranked # 2 by RS in the=20 Bldg-Resident/Comm group, but is not listed at all. In the Tobacco = group, GLH=20 is listed, but does not rank even in the top five.
 
It appears that market cap was used as at least = part of the=20 selection criteria, the bigger the better. But I found some exceptions = to this=20 as well.
 
Chart patterns did not seem to matter as much as = size, many=20 on the list had much poorer charts than some higher ranking, but = smaller,=20 stocks in the same group.
 
The message I perceive from the "senior members" = of the DGO=20 staff that compiled this list is that we should only be looking at big = cap=20 stocks, and forget ranking (or even best of leadership), and put less=20 importance on the quality of the chart formation. Not an encouraging = message,=20 assuming they know what they are doing.
 
I have written CustServ for clarification on the = selection=20 criteria, since it apparently differs from their traditional=20 methods.
 
For me, I am sticking to my small and micro caps = for=20 now.
 
Tom Worley
stkguru@netside.net
 
 
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