From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #1327 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 29 2001 Volume 02 : Number 1327 In this issue: Re: [CANSLIM] DGO List [CANSLIM] current holdings RE: [CANSLIM] IGT - a "perfect" CANSLIM?? Re: [CANSLIM] current holdings Re: [CANSLIM] IGT - a "perfect" CANSLIM?? Re: [CANSLIM] LLUR Entry/Exit Rules Re: [CANSLIM] IGT - a "perfect" CANSLIM?? Re: [CANSLIM] LLUR Entry/Exit Rules Re: [CANSLIM] LLUR Entry/Exit Rules Re: [CANSLIM] LLUR Entry/Exit Rules Re: [CANSLIM] current holdings Re: [CANSLIM] LLUR Entry/Exit Rules RE: [CANSLIM] IGT - a "perfect" CANSLIM?? Re: [CANSLIM] LLUR Entry/Exit Rules RE: [CANSLIM] LLUR Entry/Exit Rules ---------------------------------------------------------------------- Date: Sat, 28 Apr 2001 16:44:15 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] DGO List This is a multi-part message in MIME format. - ------=_NextPart_000_0222_01C0D002.76A7E300 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable "B" for Base, the number following is the nr of weeks it has been = basing, in my opinion. Tom Worley stkguru@netside.net ----- Original Message -----=20 From: dannygottlieb=20 To: canslim@lists.xmission.com=20 Sent: Saturday, April 28, 2001 5:19 PM Subject: Re: [CANSLIM] DGO List I guess I am getting slow in my old age(47). Tom, what does the code = letter B signify in your list? Danny ----- Original Message -----=20 From: Tom Worley=20 To: CANSLIM=20 Sent: Saturday, April 28, 2001 1:58 PM Subject: [CANSLIM] DGO List Full list totaled 245, up strongly from last week's 195. Before that = it was 171 and 159. Please remember, this list is my thoughts from just looking at a six = month chart. It is intended as ideas for a watch list. Any comments like = "at pivot" or "still buyable" does not in any way mean I am suggesting = any member should buy the stock. USLB - B1+ RYL - possible handle forming on the cup CPN - B2 IGT - cup and handle, volume declining - my analysis posted earlier TWRI - broke out Friday on less than ADV from a B4, within 4% of = base, low ADV apparently because most of the issue is locked up (neither = owned by management or funds, they both have 8%) CHS - high handle, sharp decline in volume ESI - short base on base? CPRT - B2 GCO - almost at pivot MKT - B2+ BWS - B7, vol and price spike on Friday after 3 weeks of below avg = volume EME - B2 MINI - B3 DME - B5 UVV - B5 PIR - volatile B3 ACAI - B3+ OFIX - B2 FDO - B5 below the high ISCA - B3- RSG - wedging FDC - B1+ OMG - 3 days of volume, b/o Thu, crossed the pivot Fri, weak = earnings forecast SASOY - B7, low priced SBMC - B3, tight, low vol FFCH - b/o Fri from B4, below pivot MTB - B4 DTE - B3 MATW - b/o Thu from B6, still buyable BOKF - B5 TGT - b/o Fri on lite vol, at the pivot EEI - B2, low price, low vol, already on my watch list BKNG - B7 EDS - B1+ handle on a smooth cup BANR - B3+ Happy Hunting, Tom Worley stkguru@netside.net =20 - ------=_NextPart_000_0222_01C0D002.76A7E300 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
"B" for Base, the number following is the nr of = weeks it has=20 been basing, in my opinion.
 
Tom Worley
stkguru@netside.net
 
 
----- Original Message -----
From:=20 dannygottlieb
To: canslim@lists.xmission.com =
Sent: Saturday, April 28, 2001 = 5:19=20 PM
Subject: Re: [CANSLIM] DGO = List

I guess I am getting slow in my old = age(47). Tom,=20 what does the code letter B signify in your list?
 Danny
----- Original Message -----
From:=20 Tom=20 Worley
To: CANSLIM=20
Sent: Saturday, April 28, = 2001 1:58=20 PM
Subject: [CANSLIM] DGO = List

Full list totaled 245, up strongly from last = week's 195.=20 Before that it was 171 and 159.
 
Please remember, this list is my thoughts from = just=20 looking at a six month chart. It is intended as ideas for a watch = list. Any=20 comments like "at pivot" or "still buyable" does not in any way mean = I am=20 suggesting any member should buy the stock.
 
USLB - B1+
RYL - possible handle forming on the = cup
CPN - B2
IGT - cup and handle, volume declining - my = analysis=20 posted earlier
TWRI - broke out Friday on less than ADV from a = B4, within=20 4% of base, low ADV apparently because most of the issue is locked = up=20 (neither owned by management or funds, they both have = 8%)
CHS - high handle, sharp decline in = volume
ESI - short base on base?
CPRT - B2
GCO - almost at pivot
MKT - B2+
BWS - B7, vol and price spike on Friday after 3 = weeks of=20 below avg volume
EME - B2
MINI - B3
DME - B5
UVV - B5
PIR - volatile B3
ACAI - B3+
OFIX - B2
FDO - B5 below the high
ISCA - B3-
RSG - wedging
FDC - B1+
OMG - 3 days of volume, b/o Thu, crossed the = pivot Fri,=20 weak earnings forecast
SASOY - B7, low priced
SBMC - B3, tight, low vol
FFCH - b/o Fri from B4, below pivot
MTB - B4
DTE - B3
MATW - b/o Thu from B6, still = buyable
BOKF - B5
TGT - b/o Fri on lite vol, at the = pivot
EEI - B2, low price, low vol, already on my = watch=20 list
BKNG - B7
EDS - B1+ handle on a smooth cup
BANR - B3+
 
Happy Hunting,
 
Tom Worley
stkguru@netside.net
 
 
- ------=_NextPart_000_0222_01C0D002.76A7E300-- - - - -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, 28 Apr 2001 18:49:35 EDT From: Vanchee1@aol.com Subject: [CANSLIM] current holdings - --part1_103.26f97e2.281ca2ff_boundary Content-Type: text/plain; charset="US-ASCII" Content-Transfer-Encoding: 7bit I would like to share with the group my current holding, I realize these stocks may not be pure canslim stocks and some may not be canslim candidates at all, but they do have some canslim characteristics, and it just gives others some insight on another's current likes in our current market. If anyone else would like to post their holdings I feel we could all learn a little. After all anyone interested in the canslim methodology does more research and stock evaluation than most stock investors, and our holding is what we feel stronger about than what we may talk about. SPCH, HOV, NHCH, HOC, DCS, KDE, EDO Watching ATRO, EASI, MCHM, CNTL Chris. - --part1_103.26f97e2.281ca2ff_boundary Content-Type: text/html; charset="US-ASCII" Content-Transfer-Encoding: 7bit I would like to share with the group my current holding, I realize these
stocks may not be pure canslim stocks and some may not be canslim candidates
at all, but they do have some canslim characteristics, and it just gives
others some insight on another's current likes in our current market.  If
anyone else would like to post their holdings I feel we could all learn a
little. After all anyone interested in the canslim methodology does more
research and stock evaluation than most stock investors, and our holding is
what we feel stronger about than what we may talk about.

SPCH, HOV, NHCH, HOC, DCS, KDE, EDO

Watching ATRO, EASI, MCHM, CNTL

Chris. - --part1_103.26f97e2.281ca2ff_boundary-- - - - -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, 28 Apr 2001 18:34:11 -0600 From: "Patrick Wahl" Subject: RE: [CANSLIM] IGT - a "perfect" CANSLIM?? I use Quotes Plus, which has fundamental data on about 8000 stocks, very handy. On 28 Apr 01, at 14:12, Hiten J Shah wrote: > Patrick, > > Where do you get the quarterly sales and earnings data on the internet? > > -----Original Message----- > From: owner-canslim@lists.xmission.com > [mailto:owner-canslim@lists.xmission.com]On Behalf Of Patrick Wahl > Sent: 28 April 2001 14:11 > To: canslim@lists.xmission.com > Subject: Re: [CANSLIM] IGT - a "perfect" CANSLIM?? > > > > > On 28 Apr 01, at 6:09, Tom Worley wrote: > > > I stopped my review long enough to post this, IGT looks to me to be about > as good as it gets, even in a good "M". > > > > RS 96, EPS 97, ROE 82%, Cash Flow $2.67 compared to last year's earnings > of $1.81 > > > > Group A, GRS 96, 5 year earnings growth a weak 20%, but forecast for > present year is 50% (recently increased) and next year 11% (also recently > increased) > > > > And, (I just looked it up, not watching it until you mentioned it) > shows accelerating sales and earnings over the last 4 quarters, > considered a very good sign. > > - > -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: Sat, 28 Apr 2001 19:49:13 -0700 From: Dan Subject: Re: [CANSLIM] current holdings What are their canslim characteristics, specifically, Chris?  This seems to be the rub with your picks.  Why not start there?

Vanchee1@aol.com wrote:

I would like to share with the group my current holding, I realize these
stocks may not be pure canslim stocks and some may not be canslim candidates
at all, but they do have some canslim characteristics, and it just gives
others some insight on another's current likes in our current market.  If
anyone else would like to post their holdings I feel we could all learn a
little. After all anyone interested in the canslim methodology does more
research and stock evaluation than most stock investors, and our holding is
what we feel stronger about than what we may talk about.

SPCH, HOV, NHCH, HOC, DCS, KDE, EDO

Watching ATRO, EASI, MCHM, CNTL

Chris.

- - - -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, 29 Apr 2001 01:07:38 EDT From: Spencer48@aol.com Subject: Re: [CANSLIM] IGT - a "perfect" CANSLIM?? Hugh: Interesting question. WON says that the pivot point is 13 cents above the right lip BO. I don't think it matters if the BO to the pivot point is above or below the left lip. Also, I don't know if you, Tom, noticed it or not, but IGT-after dipping below the LLUR trendline in late March to early April-is now once again above that trendline that began in September. Tom, would you say this is accurate, and if it is, do you think the stock now portends strength (because it rose once more above the trendline) or more uncertainty (because it broke the trendline). jans In a message dated 4/28/2001 8:12:40 AM Eastern Daylight Time, hfader@usa.net writes: << This one's on my watchlist too. I'll also add to Tom's list of positives that current price is only about 5% above 50 day MA so risk of being stopped at 8% is lower. A question for the group: This stock has already made a new high in the last couple of weeks. Other stocks such as DRI have done the same. Where do you set the pivot in cases like this? >> - - - -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, 29 Apr 2001 01:35:53 EDT From: Spencer48@aol.com Subject: Re: [CANSLIM] LLUR Entry/Exit Rules Tom: I don't know if LLUR is not (and never has been) CANSLIM. WON says a CANSLIM stock (before making one of its bases, eg. C&H) rises at least 30%. That way you know that it is a strong stock that is just taking a breather. I imagine C&H's can form in stocks that are in downtrends, but WON ignores those (as I understand his philosophy as investing in proven strong stocks that are retracing or consolidating). What I never understood (and still don't) is that WON also says that a 3rd or 4th stage base is suceptible to failure. This implies that he does find valid the CANSLIM-basing analysis of the 1st and 2nd stage base of LLURs (but he never touches on how long in time the total LLUR (ie. the up-trendline) can be be in order to qualify for CANSLIM status). However, if 3rd or 4th stage bases are likely to fail, why even analyze an LLUR beyond when the stock touches the up-trendline the 2nd time? But, As Tom says, such stocks (that have fallen at least twice, and bounced back up after hitting the up-trendlinehave been sucessful many times in the Digest's past (and are even successful currently-just look at IGT, ADVP, and all the other LLURs). Moreover, if the analyst shouldn't fight the trend, then doesn't WON's belief that 3rd or 4th stage bases are likely to fail, depend on WON's definition of exactly what are bases and what are not-and must not this definition be idiosycratic and subjective if one wants to analyze an LLUR? Any comments? jans In a message dated 4/28/2001 9:41:36 AM Eastern Daylight Time, stkguru@netside.net writes: << Hi Hugh, Second rule is to recognize that LLUR trading is not really CANSLIM. It was introduced to this group by a former member trading on behalf of his clients. Once I understood how he was combining it with CANSLIM, it made sense to consider it. Basically, he was treating a tight trending pattern as an upward sloping base, then buying off that base at its low, and holding as long as it didn't violate the pattern. >> - - - -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, 29 Apr 2001 05:52:29 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] IGT - a "perfect" CANSLIM?? I think the whole charts suggests strength. That it is above the LLUR trendline simply means no overhead resistance, and also suggests the possibility that it will resume a LLUR formation, rather than a massive b/o. Tom Worley stkguru@netside.net - ----- Original Message ----- From: To: Sent: Sunday, April 29, 2001 1:07 AM Subject: Re: [CANSLIM] IGT - a "perfect" CANSLIM?? Hugh: Interesting question. WON says that the pivot point is 13 cents above the right lip BO. I don't think it matters if the BO to the pivot point is above or below the left lip. Also, I don't know if you, Tom, noticed it or not, but IGT-after dipping below the LLUR trendline in late March to early April-is now once again above that trendline that began in September. Tom, would you say this is accurate, and if it is, do you think the stock now portends strength (because it rose once more above the trendline) or more uncertainty (because it broke the trendline). jans In a message dated 4/28/2001 8:12:40 AM Eastern Daylight Time, hfader@usa.net writes: << This one's on my watchlist too. I'll also add to Tom's list of positives that current price is only about 5% above 50 day MA so risk of being stopped at 8% is lower. A question for the group: This stock has already made a new high in the last couple of weeks. Other stocks such as DRI have done the same. Where do you set the pivot in cases like this? >> - - - -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, 29 Apr 2001 06:00:47 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] LLUR Entry/Exit Rules jans, A true LLUR is not a 3rd or 4th (or whatever) stage base stock. A LLUR never really bases, certainly not for the recommended 6-8 weeks. WON would not avoid an otherwise quality CANSLIM stock simply because it is entering a 3rd or 4th stage base, but he would be more careful with it (because it is more prone to failure), and might enter it with less volume, or with a tighter stop. A true LLUR will move up and consolidate, move up and consolidate, etc. Some can do this for several years duration. In some cases, if you look back to where they originally started their LLUR formation, you will find that there was CANSLIM based reasons for having bot it then. In other cases, it may have been coming off a low, and took some time before RS or EPS or other factors deserved CANSLIM attention. Each is different. Tom Worley stkguru@netside.net - ----- Original Message ----- From: To: Sent: Sunday, April 29, 2001 1:35 AM Subject: Re: [CANSLIM] LLUR Entry/Exit Rules Tom: I don't know if LLUR is not (and never has been) CANSLIM. WON says a CANSLIM stock (before making one of its bases, eg. C&H) rises at least 30%. That way you know that it is a strong stock that is just taking a breather. I imagine C&H's can form in stocks that are in downtrends, but WON ignores those (as I understand his philosophy as investing in proven strong stocks that are retracing or consolidating). What I never understood (and still don't) is that WON also says that a 3rd or 4th stage base is suceptible to failure. This implies that he does find valid the CANSLIM-basing analysis of the 1st and 2nd stage base of LLURs (but he never touches on how long in time the total LLUR (ie. the up-trendline) can be be in order to qualify for CANSLIM status). However, if 3rd or 4th stage bases are likely to fail, why even analyze an LLUR beyond when the stock touches the up-trendline the 2nd time? But, As Tom says, such stocks (that have fallen at least twice, and bounced back up after hitting the up-trendlinehave been sucessful many times in the Digest's past (and are even successful currently-just look at IGT, ADVP, and all the other LLURs). Moreover, if the analyst shouldn't fight the trend, then doesn't WON's belief that 3rd or 4th stage bases are likely to fail, depend on WON's definition of exactly what are bases and what are not-and must not this definition be idiosycratic and subjective if one wants to analyze an LLUR? Any comments? jans In a message dated 4/28/2001 9:41:36 AM Eastern Daylight Time, stkguru@netside.net writes: << Hi Hugh, Second rule is to recognize that LLUR trading is not really CANSLIM. It was introduced to this group by a former member trading on behalf of his clients. Once I understood how he was combining it with CANSLIM, it made sense to consider it. Basically, he was treating a tight trending pattern as an upward sloping base, then buying off that base at its low, and holding as long as it didn't violate the pattern. >> - - - -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: 29 Apr 2001 07:04:33 -0700 From: "Tim Fisher" Subject: Re: [CANSLIM] LLUR Entry/Exit Rules Ian Woodward had a great discussion of 3-stage breakouts entitled "Cha-Cha-Cha" about 18 months ago on his site. Dunno if it's still there but it was a great analysis of stocks that double or triple in stages then correct severely. Applies to many of the techs during the last bull. At 06:00 AM 4/29/2001 -0400, you wrote: >jans, > >A true LLUR is not a 3rd or 4th (or whatever) stage base stock. A >LLUR never really bases, certainly not for the recommended 6-8 >weeks. > >WON would not avoid an otherwise quality CANSLIM stock simply >because it is entering a 3rd or 4th stage base, but he would be >more careful with it (because it is more prone to failure), and >might enter it with less volume, or with a tighter stop. > >A true LLUR will move up and consolidate, move up and >consolidate, etc. Some can do this for several years duration. >In some cases, if you look back to where they originally started >their LLUR formation, you will find that there was CANSLIM based >reasons for having bot it then. In other cases, it may have been >coming off a low, and took some time before RS or EPS or other >factors deserved CANSLIM attention. Each is different. > >Tom Worley >stkguru@netside.net > > >----- Original Message ----- >From: >To: >Sent: Sunday, April 29, 2001 1:35 AM >Subject: Re: [CANSLIM] LLUR Entry/Exit Rules > > >Tom: > > I don't know if LLUR is not (and never has been) CANSLIM. >WON says a >CANSLIM stock (before making one of its bases, eg. C&H) rises at >least 30%. >That way you know that it is a strong stock that is just taking a >breather. >I imagine C&H's can form in stocks that are in downtrends, but >WON ignores >those (as I understand his philosophy as investing in proven >strong stocks >that are retracing or consolidating). > > What I never understood (and still don't) is that WON also >says that a >3rd or 4th stage base is suceptible to failure. This implies >that he does >find valid the CANSLIM-basing analysis of the 1st and 2nd stage >base of LLURs > (but he never touches on how long in time the total LLUR (ie. >the >up-trendline) can be be in order to qualify for CANSLIM status). >However, if >3rd or 4th stage bases are likely to fail, why even analyze an >LLUR beyond >when the stock touches the up-trendline the 2nd time? > > But, As Tom says, such stocks (that have fallen at least >twice, and >bounced back up after hitting the up-trendlinehave been sucessful >many times >in the Digest's past (and are even successful currently-just look >at IGT, >ADVP, and all the other LLURs). Moreover, if the analyst >shouldn't fight the >trend, then doesn't WON's belief that 3rd or 4th stage bases are >likely to >fail, depend on WON's definition of exactly what are bases and >what are >not-and must not this definition be idiosycratic and subjective >if one wants >to analyze an LLUR? > > Any comments? > >jans > > > >In a message dated 4/28/2001 9:41:36 AM Eastern Daylight Time, >stkguru@netside.net writes: > ><< Hi Hugh, > > Second rule is to recognize that LLUR trading is not really > CANSLIM. It was introduced to this group by a former member > trading on behalf of his clients. Once I understood how he was > combining it with CANSLIM, it made sense to consider it. > Basically, he was treating a tight trending pattern as an upward > sloping base, then buying off that base at its low, and holding > as long as it didn't violate the pattern. > >> > >- >-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. Tim Fisher Ore-ROCK-On Rockhounding Web Site Pacific Fishery Biologists Information mailto:tim@OreRockOn.com WWW http://OreRockOn.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: 29 Apr 2001 07:07:30 -0700 From: "Tim Fisher" Subject: Re: [CANSLIM] LLUR Entry/Exit Rules There are no rules, the pattern is totally made up by a former member of this group. Chart it with various MAs and find out which MA it trades off of. This line is then the base. Best to buy on a bounce up from the base on hvy vol, not at 52-wk highs, as it normally corrects back to the MA from the high. Almost every stock I hold right now is an LLUR if you look at a 1 yr chart, and many have mini-cups or saucers embedded in this pattern. I usually buy on the right side of the cup or saucer, since the tendency is to correct very soon after a B/O. P.S. I smashed my quadricep with a trencher so don't be surprised if I spout off more nonsense than usual for me. This phycodan (sp?) is wonderful stuff! At 09:03 AM 4/28/2001 -0400, you wrote: >Occasionally we have discussion of stocks with LLUR (lower left upper right) >chart patterns. Can anybody post or give a reference to entry and exit rules >for these? Disregarding fundamentals, lets use EFDS as an example. It looks >like it has the beginnings of an LLUR. Actually more of a LCUR. > >Thanks, >Hugh Tim Fisher Ore-ROCK-On Rockhounding Web Site Pacific Fishery Biologists Information mailto:tim@OreRockOn.com WWW http://OreRockOn.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: 29 Apr 2001 06:56:16 -0700 From: "Tim Fisher" Subject: Re: [CANSLIM] current holdings I am holding THQI ATVI ESI HOV SRCL AMFH USPH SGR in my CANSLIM account. I am holding SEBL in my IRA. Can you guess which account has done better over the past 3 months? (hint: your first guess will be wrong!) At 06:49 PM 4/28/2001 -0400, you wrote: >I would like to share with the group my current holding, I realize these >stocks may not be pure canslim stocks and some may not be canslim candidates >at all, but they do have some canslim characteristics, and it just gives >others some insight on another's current likes in our current market. If >anyone else would like to post their holdings I feel we could all learn a >little. After all anyone interested in the canslim methodology does more >research and stock evaluation than most stock investors, and our holding is >what we feel stronger about than what we may talk about. > >SPCH, HOV, NHCH, HOC, DCS, KDE, EDO > >Watching ATRO, EASI, MCHM, CNTL > >Chris. Tim Fisher Ore-ROCK-On Rockhounding Web Site Pacific Fishery Biologists Information mailto:tim@OreRockOn.com WWW http://OreRockOn.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: 29 Apr 2001 07:07:30 -0700 From: "Tim Fisher" Subject: Re: [CANSLIM] LLUR Entry/Exit Rules Therein lies the rub. I see an LLUR as one long, protracted base. Until they correct or go vertical, I consider them to be "in the base". By that definition, IGT is in its second stage base looking at the 2-yr chart. I would buy this one based on the C&H, not the 50 dma, since it is trending so close to the 50 that I consider it to be within the base and thus still buyable. At 01:35 AM 4/29/2001 -0400, you wrote: >Tom: > > I don't know if LLUR is not (and never has been) CANSLIM. WON says a >CANSLIM stock (before making one of its bases, eg. C&H) rises at least 30%. >That way you know that it is a strong stock that is just taking a breather. >I imagine C&H's can form in stocks that are in downtrends, but WON ignores >those (as I understand his philosophy as investing in proven strong stocks >that are retracing or consolidating). > > What I never understood (and still don't) is that WON also says that a >3rd or 4th stage base is suceptible to failure. This implies that he does >find valid the CANSLIM-basing analysis of the 1st and 2nd stage base of LLURs > (but he never touches on how long in time the total LLUR (ie. the >up-trendline) can be be in order to qualify for CANSLIM status). However, if >3rd or 4th stage bases are likely to fail, why even analyze an LLUR beyond >when the stock touches the up-trendline the 2nd time? > > But, As Tom says, such stocks (that have fallen at least twice, and >bounced back up after hitting the up-trendlinehave been sucessful many times >in the Digest's past (and are even successful currently-just look at IGT, >ADVP, and all the other LLURs). Moreover, if the analyst shouldn't fight the >trend, then doesn't WON's belief that 3rd or 4th stage bases are likely to >fail, depend on WON's definition of exactly what are bases and what are >not-and must not this definition be idiosycratic and subjective if one wants >to analyze an LLUR? > > Any comments? > >jans > > > >In a message dated 4/28/2001 9:41:36 AM Eastern Daylight Time, >stkguru@netside.net writes: > ><< Hi Hugh, > > Second rule is to recognize that LLUR trading is not really > CANSLIM. It was introduced to this group by a former member > trading on behalf of his clients. Once I understood how he was > combining it with CANSLIM, it made sense to consider it. > Basically, he was treating a tight trending pattern as an upward > sloping base, then buying off that base at its low, and holding > as long as it didn't violate the pattern. > >> > >- >-To subscribe/unsubscribe, email "majordomo@xmission.com" >-In the email body, write "subscribe canslim" or >-"unsubscribe canslim". Do not use quotes in your email. Tim Fisher Ore-ROCK-On Rockhounding Web Site Pacific Fishery Biologists Information mailto:tim@OreRockOn.com WWW http://OreRockOn.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: 29 Apr 2001 06:51:27 -0700 From: "Tim Fisher" Subject: RE: [CANSLIM] IGT - a "perfect" CANSLIM?? You can get the current and projected sales (i.e. 2 qtrs worth) at HGS mining co. At 02:12 PM 4/28/2001 +0100, you wrote: >Patrick, > >Where do you get the quarterly sales and earnings data on the internet? > >-----Original Message----- >From: owner-canslim@lists.xmission.com >[mailto:owner-canslim@lists.xmission.com]On Behalf Of Patrick Wahl >Sent: 28 April 2001 14:11 >To: canslim@lists.xmission.com >Subject: Re: [CANSLIM] IGT - a "perfect" CANSLIM?? > > > > >On 28 Apr 01, at 6:09, Tom Worley wrote: > > > I stopped my review long enough to post this, IGT looks to me to be about >as good as it gets, even in a good "M". > > > > RS 96, EPS 97, ROE 82%, Cash Flow $2.67 compared to last year's earnings >of $1.81 > > > > Group A, GRS 96, 5 year earnings growth a weak 20%, but forecast for >present year is 50% (recently increased) and next year 11% (also recently >increased) > > > >And, (I just looked it up, not watching it until you mentioned it) >shows accelerating sales and earnings over the last 4 quarters, >considered a very good sign. > >- >-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. Tim Fisher Ore-ROCK-On Rockhounding Web Site Pacific Fishery Biologists Information mailto:tim@OreRockOn.com WWW http://OreRockOn.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, 29 Apr 2001 16:04:20 EDT From: Spencer48@aol.com Subject: Re: [CANSLIM] LLUR Entry/Exit Rules Tim: If there is a tendency to correct soon after the BO, why do you buy before the correction? PS-I hope you're quadricep feels better soon. In a message dated 4/29/2001 10:08:25 AM Eastern Daylight Time, tim@orerockon.com writes: << I usually buy on the right side of the cup or saucer, since the tendency is to correct very soon after a B/O. >> - - - -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, 29 Apr 2001 16:40:29 -0400 From: "Hugh Fader" Subject: RE: [CANSLIM] LLUR Entry/Exit Rules Thanks Tom. As you say EFDS has not been in an uptrend for long hence Lower Center Upper Right (LCUR). As I noted in my post I wanted to disregard fundamentals and just talk about the pattern. I'll summarize your and others' comments now: 1. Look first for CANSLIM fundamentals. 2. Then look for at least a six month uptrend with a well defined channel preferably with a moving average defining the bottom of the channel. 3. Buy near the bottom of the channel. 4. Sell when the character of the uptrend changes either by breaking the bottom of the channel or climax runup. How does that sound? - - Hugh - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Tom Worley Sent: Saturday, April 28, 2001 9:38 AM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] LLUR Entry/Exit Rules Hi Hugh, Second rule is to recognize that LLUR trading is not really CANSLIM. It was introduced to this group by a former member trading on behalf of his clients. Once I understood how he was combining it with CANSLIM, it made sense to consider it. Basically, he was treating a tight trending pattern as an upward sloping base, then buying off that base at its low, and holding as long as it didn't violate the pattern. But you have to first evaluate the stock based on CANSLIM. That's the first rule. Looking at your example of EFDS, I see that ROE is only 6%, and cash flow is only 32 cents vs last year's earnings of 34 cents. Those are both minor dings. Industry Group is also C, GRS 43, that's also a negative. But this stock is ranked # 1, so that's an offset. So, meets most CANSLIM requirements, is it an LLUR? (I too haven't figured out your LCUR, BTW) The basic requirements that the former member was using was at least one year of consistent pattern in which the trading range was tight. EFDS is too "young" for that, with only 4 months at best in the pattern. And during that time, there was considerable volatility, esp recently. That would violate the pattern and be cause for an exit. I have found that six months consistent pattern is reasonably workable, but I require a tight daily trading range, and less volatility. I have also found that the 50 dma is a good limiter on LLUR patterns. You can get a better understanding of LLUR if you read up on channeling patterns, it's essentially the same thing. It amounts to a consistent trading range that is increasingly higher. Entry point is at the low end of the channel, exit point (if you are trading real short term) is at the high side of the channel. If you are investing mid to long term, then you hold so long as the lower side of the channel is not broken, or the pattern of LLUR violated (which could happen with a sudden breakout to the upside, in which case you make your offering to the stock gods, say a few thank you's, and watch it like a hawk for your exit). Because there is no clearly established "base", there is also no defined support in case of a correction. Thus, you are on your own to watch closely, and exit quickly. The major key for exiting is a violation of the LLUR pattern, as I described in my analysis this morning of IGT. Tom Worley stkguru@netside.net - ----- Original Message ----- From: Hugh Fader To: CANSLIM List (E-mail) Sent: Saturday, April 28, 2001 9:03 AM Subject: [CANSLIM] LLUR Entry/Exit Rules Occasionally we have discussion of stocks with LLUR (lower left upper right) chart patterns. Can anybody post or give a reference to entry and exit rules for these? Disregarding fundamentals, lets use EFDS as an example. It looks like it has the beginnings of an LLUR. Actually more of a LCUR. Thanks, 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. - - - -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 #1327 ****************************** 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.