From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #1384 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, May 20 2001 Volume 02 : Number 1384 In this issue: Re: [CANSLIM] IBM Re: [CANSLIM] Flatline Base Re: [CANSLIM] IBM Re: [CANSLIM] IBM [CANSLIM] DGO List Re: [CANSLIM] Flatline Base [CANSLIM] Big Picture/index Re: [CANSLIM] IBM Re: [CANSLIM] Big Picture/index Re: [CANSLIM] Big Picture/index [CANSLIM] DFXI - Direct Focus ---------------------------------------------------------------------- Date: Sat, 19 May 2001 13:06:19 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] IBM and WON places great importance on a new CEO, vs any other officer position, as the new ones tend to give companies new life, and are not wedded to the old way of doing things. Tom Worley stkguru@netside.net - ----- Original Message ----- From: Fanus To: Sent: Saturday, May 19, 2001 12:17 PM Subject: Re: [CANSLIM] IBM Their moving away from Mainframes as their biggest source of revenue in the hardware area and concentrating more on client/server. New copper technology chips which break one performance benchmark after the other for ERP systems. Just bought Informix, which increased their customer base significantly in the DB arena. The new "AIX" version which will be practically Linux which will run on platforms currently dominated by Windows 2000, NT. A big push into the E-Business application hardware and software. (Remember the adds? "This when you realize you are so ready for IBM"). A new CEO. I think IBM sattisfy N. - - Fanus Kent Norman wrote: The N is for NEW, what is new with Big Blue? regards Kent Norman - --- Norman wrote: > This one isn't on my short list but I have a few > questions. First, can it > properly be classified as a computer maker as IBD > does? I don't know all > the sources of their income but it seems they should > be something like > Computer - Diversified. Second, if they have > significant revenue from > sources that can be categorized as being in a more > favorable industry (A or > B) does this make it a partial CANSLIM? Third, I > was looking at the chart > and it looks like a poorly formed double bottom or > maybe a 9 week cup with a > poor 4 week handle with low vol. Any CANSLIM > thoughts? > > Norman Boyd > > > - > -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!? Yahoo! Auctions - buy the things you want at great prices http://auctions.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. _________________________________________________________________ ___ Get free email and a permanent address at http://www.netaddress.com/?N=1 - - - -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, 19 May 2001 12:04:36 -0600 From: DougC Subject: Re: [CANSLIM] Flatline Base - --=====================_51785991==_.ALT Content-Type: text/plain; charset="us-ascii"; format=flowed Tom MDCI is an excellent example of a flatline base. I realize you pointed it out primarily for the base qualities and not canslim qualities. I asked myself if I ran across this stock in my scans prior to it's breakout on 04/27 and it passed my minimum criteria, (rev. for last two quarters would have had to have been greater than 15% - that's in addition to all the other canslim criteria I would like at...in this case everything else looks good) would I have been inclined to buy it. Yes. Between late January and the b/o on 04/27 there were 12 vol spikes above adv, some 2x or more above adv, with increase in price. During same period there were 5 vol spikes above adv with decrease in price. And those vol spikes on down days were mostly less than the vol spikes on up days. At 01:09 PM 5/19/01 -0400, you wrote: >Sorry, had a brain fart, the symbol is MDCI > >Tom Worley >stkguru@netside.net > > >>----- Original Message ----- >>From: Norman >>To: canslim@lists.xmission.com >>Sent: Saturday, May 19, 2001 9:30 AM >>Subject: Re: [CANSLIM] Flatline Base >> >>Did I miss something? Who is it? >> >>Norm >>>----- Original Message ----- >>>From: Tom Worley >>>To: CANSLIM >>>Sent: Saturday, May 19, 2001 7:55 AM >>>Subject: [CANSLIM] Flatline Base >>> >>>Saw this one in reviewing the DGO List - 98/97/B/B/A/B - went from $4 to >>>over $8 in three weeks. Heavy volume. This pattern is relatively common >>>among the small and microcap stocks. Very difficult to find a correct >>>entry without tying up capital for an indefinite time period. In this >>>case, it started with a 24% price spike on volume 4/27. Because of the >>>price of these type stocks, you typically have little if any >>>institutional support, and usually no analysts following it. And far too >>>often, these price spikes are triggered by some unknown firm or >>>newsletter hyping the stock. So, unless you are "in the loop", you don't >>>get any warning to buy. Still, sometimes they have very good CANSLIM >>>qualities and are just waiting to be discovered. >>> >>>These patterns, regardless of price but especially when the price is so >>>low, are for the patient investor willing to take extra risks. >>> >>>There is usually a reason why a stock can base for so long. Sometimes it >>>is lack of "visibility", or the lack of experience of management in >>>dealing with the investment community (e.g. analysts, newsletter >>>writers, market makers, etc). Those problems can eventually be cured >>>when earnings and sales are growing like this one. But it can also be >>>because the stock is being manipulated, or is only worth that much. >>> >>>Tom Worley >>>stkguru@netside.net >>> >>> - --=====================_51785991==_.ALT Content-Type: text/html; charset="us-ascii" Tom

MDCI is an excellent example of a flatline base. I realize you pointed
it out primarily for the base qualities and not canslim qualities.
I asked myself if I ran across this stock in my scans prior to it's breakout
on 04/27 and it passed my minimum criteria, (rev. for last two quarters would
have had to have been greater than 15% - that's in addition to all the other
canslim criteria I would like at...in this case everything else looks good) would
I have been inclined to buy it.
Yes. Between late January and the b/o on 04/27 there were 12 vol spikes above
adv, some 2x or more above adv,  with increase in price. During same period there
were 5 vol spikes above adv with decrease in price. And those vol spikes on down
days were mostly less than the vol spikes on up days.


At 01:09 PM 5/19/01 -0400, you wrote:
Sorry, had a brain fart, the symbol is MDCI
 
Tom Worley
stkguru@netside.net
 
 
----- Original Message -----
From: Norman
To: canslim@lists.xmission.com
Sent: Saturday, May 19, 2001 9:30 AM
Subject: Re: [CANSLIM] Flatline Base

Did I miss something?  Who is it?
 
Norm
----- Original Message -----
From: Tom Worley
To: CANSLIM
Sent: Saturday, May 19, 2001 7:55 AM
Subject: [CANSLIM] Flatline Base

Saw this one in reviewing the DGO List - 98/97/B/B/A/B - went from $4 to over $8 in three weeks. Heavy volume. This pattern is relatively common among the small and microcap stocks. Very difficult to find a correct entry without tying up capital for an indefinite time period. In this case, it started with a 24% price spike on volume 4/27. Because of the price of these type stocks, you typically have little if any institutional support, and usually no analysts following it. And far too often, these price spikes are triggered by some unknown firm or newsletter hyping the stock. So, unless you are "in the loop", you don't get any warning to buy. Still, sometimes they have very good CANSLIM qualities and are just waiting to be discovered.
 
These patterns, regardless of price but especially when the price is so low, are for the patient investor willing to take extra risks.
 
There is usually a reason why a stock can base for so long. Sometimes it is lack of "visibility", or the lack of experience of management in dealing with the investment community (e.g. analysts, newsletter writers, market makers, etc). Those problems can eventually be cured when earnings and sales are growing like this one. But it can also be because the stock is being manipulated, or is only worth that much.
 
Tom Worley
stkguru@netside.net
 
 
- --=====================_51785991==_.ALT-- - - - -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, 19 May 2001 13:18:14 -0700 (PDT) From: Kent Norman Subject: Re: [CANSLIM] IBM I apologize. All of you are correct. I was biased against anything from the Elvis era. I will now open my eyes. Kent Norman - --- Tom Worley wrote: > and WON places great importance on a new CEO, vs any > other > officer position, as the new ones tend to give > companies new > life, and are not wedded to the old way of doing > things. > > Tom Worley > stkguru@netside.net > > > ----- Original Message ----- > From: Fanus > To: > Sent: Saturday, May 19, 2001 12:17 PM > Subject: Re: [CANSLIM] IBM > > > Their moving away from Mainframes as their biggest > source of > revenue in the > hardware area and concentrating more on > client/server. > New copper technology chips which break one > performance benchmark > after the > other for ERP systems. > Just bought Informix, which increased their customer > base > significantly in the > DB arena. > The new "AIX" version which will be practically > Linux which will > run on > platforms currently dominated by Windows 2000, NT. > A big push into the E-Business application hardware > and software. > (Remember > the adds? "This when you realize you are so ready > for IBM"). > A new CEO. > > I think IBM sattisfy N. > > - Fanus > > Kent Norman wrote: > The N is for NEW, what is new with Big Blue? > > regards > Kent Norman > > --- Norman wrote: > > This one isn't on my short list but I have a few > > questions. First, can it > > properly be classified as a computer maker as IBD > > does? I don't know all > > the sources of their income but it seems they > should > > be something like > > Computer - Diversified. Second, if they have > > significant revenue from > > sources that can be categorized as being in a more > > favorable industry (A or > > B) does this make it a partial CANSLIM? Third, I > > was looking at the chart > > and it looks like a poorly formed double bottom or > > maybe a 9 week cup with a > > poor 4 week handle with low vol. Any CANSLIM > > thoughts? > > > > Norman Boyd > > > > > > - > > -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!? > Yahoo! Auctions - buy the things you want at great > prices > http://auctions.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. > > > _________________________________________________________________ > ___ > Get free email and a permanent address at > http://www.netaddress.com/?N=1 > > - > -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!? Yahoo! Auctions - buy the things you want at great prices http://auctions.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: 19 May 2001 15:34:55 CDT From: Fanus Subject: Re: [CANSLIM] IBM No need to apologize. This is the great thing about thist list. Others s= ee things you don't and visa versa. - - Fanus Kent Norman wrote: I apologize. All of you are correct. I was biased against anything from the Elvis era. I will now open my eyes. Kent Norman - --- Tom Worley wrote: > and WON places great importance on a new CEO, vs any > other > officer position, as the new ones tend to give > companies new > life, and are not wedded to the old way of doing > things. > = > Tom Worley > stkguru@netside.net > = > = > ----- Original Message ----- > From: Fanus > To: > Sent: Saturday, May 19, 2001 12:17 PM > Subject: Re: [CANSLIM] IBM > = > = > Their moving away from Mainframes as their biggest > source of > revenue in the > hardware area and concentrating more on > client/server. > New copper technology chips which break one > performance benchmark > after the > other for ERP systems. > Just bought Informix, which increased their customer > base > significantly in the > DB arena. > The new "AIX" version which will be practically > Linux which will > run on > platforms currently dominated by Windows 2000, NT. > A big push into the E-Business application hardware > and software. > (Remember > the adds? "This when you realize you are so ready > for IBM"). > A new CEO. > = > I think IBM sattisfy N. > = > - Fanus > = > Kent Norman wrote: > The N is for NEW, what is new with Big Blue? > = > regards > Kent Norman > = > --- Norman wrote: > > This one isn't on my short list but I have a few > > questions. First, can it > > properly be classified as a computer maker as IBD > > does? I don't know all > > the sources of their income but it seems they > should > > be something like > > Computer - Diversified. Second, if they have > > significant revenue from > > sources that can be categorized as being in a more > > favorable industry (A or > > B) does this make it a partial CANSLIM? Third, I > > was looking at the chart > > and it looks like a poorly formed double bottom or > > maybe a 9 week cup with a > > poor 4 week handle with low vol. Any CANSLIM > > thoughts? > > > > Norman Boyd > > > > > > - > > -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!? > Yahoo! Auctions - buy the things you want at great > prices > http://auctions.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. > = > = > _________________________________________________________________ > ___ > Get free email and a permanent address at > http://www.netaddress.com/?N=3D1 > = > - > -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!? Yahoo! Auctions - buy the things you want at great prices http://auctions.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. ____________________________________________________________________ Get free email and a permanent address at http://www.netaddress.com/?N=3D= 1 - - - -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, 19 May 2001 18:19:59 -0400 From: "Tom Worley" Subject: [CANSLIM] DGO List This is a multi-part message in MIME format. - ------=_NextPart_000_0023_01C0E090.50FC5340 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Total list this Friday at 279, up from 253. Prior weeks it totaled 264 = and 245. It consists of those stocks in the Daily Graphs books (roughly 2,800) = that as of Friday had both RS and EPS of 80 or better. Additionally, = they must have been at or within 5% of the 12 month high during the = prior week. In my review of this overall list, I am only focusing on the = recent chart patterns.=20 This review of the overall list is solely intended to identify stocks = with good CANSLIM qualities, using authentic WON sourced data, that are = showing some kind of constructive chart formation. The idea is to = present some candidates for member's watch list, not to suggest they are = presently a "buy" candidate. No due diligence has been done. My own = personal bias against certain industries is largely ignored in the = review. As always, my shorthand notation is Bx where "B" means a "B"ase of "x" = weeks, IMO.=20 LLUR =3D Lower Left Upper Right =20 SKX - volatile B3 after an unfilled gap up NVR - LLUR MTH - B2 NYCB - B3 AEOS - B2, ragged c&h, weak double bottom? FCFS - B3 PNM - B3 RJR - B3 UCBH - B3 handle on a cup, volume declining PLB - B3 handle on a very shallow cup, at the pivot on declining vol SJT - B4 SYMC - B3, trying to break higher but on light vol DCOM - B3 FIC - B2 EFDS - looks like a young LLUR, with the entry at or close to the 50 = DMA, earnings estimate this year 153% and 41% next year SVRN - B2+ FNFG - B2 FRED - B3+ FLM - B4 MAXS - B2+ CORS - B7 URS - B3 RBNC - B2+, vol below ADV ATK - B3+, wedging down, vol past week mostly below avg DNB - B4 PTV - B3 handle on cup, tried to break the pivot ACAI - B6 FHCC - B3 LLL - double bottom BCF - B3, vol down ICBC - LUR BBX - B3 FFIC OMI - B3+ ZQK - B3 BANR - B2 MTB - B5, lots of insider selling NAUT - B3 Lots of stocks didn't make the list because they were already way = extended. Gains of 20-30% in the past month were common. Several cups = nicely formed just shot right on by the right rim without even = considering the need for a handle. Saw a number of gap ups that were not = filled thus far. Conclusion: there is a considerable need for some = consolidation of the best performing stocks. Tom Worley stkguru@netside.net =20 - ------=_NextPart_000_0023_01C0E090.50FC5340 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Total list this Friday at 279, up from 253. Prior = weeks it=20 totaled 264 and 245.
 
It consists of those = stocks in the=20 Daily Graphs books (roughly 2,800) that as of Friday had both RS and EPS = of 80=20 or better.  Additionally, they must have been at or within 5% of = the 12=20 month high during the prior week. In my review of this overall list, I = am only=20 focusing on the recent chart patterns.=20
 
This review of the overall list is solely intended = to identify=20 stocks with good CANSLIM qualities, using authentic WON sourced data, = that are=20 showing some kind of constructive chart formation. The idea is to = present=20 some candidates for member's watch list, not to suggest they are = presently a=20 "buy" candidate. No due diligence has been done. My own personal bias = against=20 certain industries is largely ignored in the=20 review.
 
As always, my shorthand notation is = Bx where "B"=20 means a "B"ase of "x" weeks, IMO.
LLUR =3D Lower Left Upper=20 Right
 
SKX - volatile B3 after an unfilled gap = up
NVR - LLUR
MTH - B2
NYCB - B3
AEOS - B2, ragged c&h, weak double = bottom?
FCFS - B3
PNM - B3
RJR - B3
UCBH - B3 handle on a cup, volume = declining
PLB - B3 handle on a very shallow cup, at the pivot = on=20 declining vol
SJT - B4
SYMC - B3, trying to break higher but on light=20 vol
DCOM - B3
FIC - B2
EFDS - looks like a young LLUR, with the entry at or = close to=20 the 50 DMA, earnings estimate this year 153% and 41% next = year
SVRN - B2+
FNFG - B2
FRED - B3+
FLM - B4
MAXS - B2+
CORS - B7
URS - B3
RBNC - B2+, vol below ADV
ATK - B3+, wedging down, vol past week mostly below=20 avg
DNB - B4
PTV - B3 handle on cup, tried to break the = pivot
ACAI - B6
FHCC - B3
LLL - double bottom
BCF - B3, vol down
ICBC - LUR
BBX - B3
FFIC
OMI - B3+
ZQK - B3
BANR - B2
MTB - B5, lots of insider selling
NAUT - B3
 
Lots of stocks didn't make the list because they = were already=20 way extended. Gains of 20-30% in the past month were common. Several = cups nicely=20 formed just shot right on by the right rim without even considering the = need for=20 a handle. Saw a number of gap ups that were not filled thus far. = Conclusion:=20 there is a considerable need for some consolidation of the best = performing=20 stocks.
 
Tom Worley
stkguru@netside.net
 
 
- ------=_NextPart_000_0023_01C0E090.50FC5340-- - - - -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, 19 May 2001 17:10:37 -0600 From: "Patrick Wahl" Subject: Re: [CANSLIM] Flatline Base Another stock currently in a flat base is LNCR, which I think was mentioned here a couple months ago. It's traded in a 10 point range for about 3 months. On 19 May 01, at 13:09, Tom Worley wrote: > Sorry, had a brain fart, the symbol is MDCI > > Tom Worley > stkguru@netside.net > > > ----- Original Message ----- > From: Norman > To: canslim@lists.xmission.com > Sent: Saturday, May 19, 2001 9:30 AM > Subject: Re: [CANSLIM] Flatline Base > > > Did I miss something? Who is it? > > Norm > ----- Original Message ----- > From: Tom Worley > To: CANSLIM > Sent: Saturday, May 19, 2001 7:55 AM > Subject: [CANSLIM] Flatline Base > > > Saw this one in reviewing the DGO List - 98/97/B/B/A/B - went from $4 to over $8 in three weeks. Heavy volume. This pattern is relatively common among the small and microcap stocks. Very difficult to find a correct entry without tying up capital for an indefinite time period. In this case, it started with a 24% price spike on volume 4/27. Because of the price of these type stocks, you typically have little if any institutional support, and usually no analysts following it. And far too often, these price spikes are triggered by some unknown firm or newsletter hyping the stock. So, unless you are "in the loop", you don't get any warning to buy. Still, sometimes they have very good CANSLIM qualities and are just waiting to be discovered. > > These patterns, regardless of price but especially when the price is so low, are for the patient investor willing to take extra risks. > > There is usually a reason why a stock can base for so long. Sometimes it is lack of "visibility", or the lack of experience of management in dealing with the investment community (e.g. analysts, newsletter writers, market makers, etc). Those problems can eventually be cured when earnings and sales are growing like this one. But it can also be because the stock is being manipulated, or is only worth that much. > > Tom Worley > stkguru@netside.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: Sat, 19 May 2001 20:21:36 -0400 From: "Ann Hollingworth" Subject: [CANSLIM] Big Picture/index Can someone please explain the meaning of this quote from the Big Picture (Monday's): That sort of action often sets the final stage before a leading stock kicks off a major advance. The same holds true for the market averages. The difference is in the timing. The best moment to buy a quality stock is just as it breaks out of a cup-with-handle base. In the case of a broad index, the buy signal usually occurs within four to seven days off the bottom, as it did April 10 for the Dow, Nasdaq and S&P. Think of the market cup-with-handle as a bullish exclamation to the new uptrend. Why 4-7 days?? Thanks ahead of time, Ann - - - -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, 19 May 2001 19:47:02 -0500 From: "Norman" Subject: Re: [CANSLIM] IBM No harm done Kent. I enjoy your input. Keep up the good posting. Norm - ----- Original Message ----- From: "Kent Norman" To: Sent: Saturday, May 19, 2001 3:18 PM Subject: Re: [CANSLIM] IBM > I apologize. > > All of you are correct. > > I was biased against anything from the Elvis era. > > I will now open my eyes. > > Kent Norman > > --- Tom Worley wrote: > > and WON places great importance on a new CEO, vs any > > other > > officer position, as the new ones tend to give > > companies new > > life, and are not wedded to the old way of doing > > things. > > > > Tom Worley > > stkguru@netside.net > > > > > > ----- Original Message ----- > > From: Fanus > > To: > > Sent: Saturday, May 19, 2001 12:17 PM > > Subject: Re: [CANSLIM] IBM > > > > > > Their moving away from Mainframes as their biggest > > source of > > revenue in the > > hardware area and concentrating more on > > client/server. > > New copper technology chips which break one > > performance benchmark > > after the > > other for ERP systems. > > Just bought Informix, which increased their customer > > base > > significantly in the > > DB arena. > > The new "AIX" version which will be practically > > Linux which will > > run on > > platforms currently dominated by Windows 2000, NT. > > A big push into the E-Business application hardware > > and software. > > (Remember > > the adds? "This when you realize you are so ready > > for IBM"). > > A new CEO. > > > > I think IBM sattisfy N. > > > > - Fanus > > > > Kent Norman wrote: > > The N is for NEW, what is new with Big Blue? > > > > regards > > Kent Norman > > > > --- Norman wrote: > > > This one isn't on my short list but I have a few > > > questions. First, can it > > > properly be classified as a computer maker as IBD > > > does? I don't know all > > > the sources of their income but it seems they > > should > > > be something like > > > Computer - Diversified. Second, if they have > > > significant revenue from > > > sources that can be categorized as being in a more > > > favorable industry (A or > > > B) does this make it a partial CANSLIM? Third, I > > > was looking at the chart > > > and it looks like a poorly formed double bottom or > > > maybe a 9 week cup with a > > > poor 4 week handle with low vol. Any CANSLIM > > > thoughts? > > > > > > Norman Boyd > > > > > > > > > - > > > -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!? > > Yahoo! Auctions - buy the things you want at great > > prices > > http://auctions.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. > > > > > > > _________________________________________________________________ > > ___ > > Get free email and a permanent address at > > http://www.netaddress.com/?N=1 > > > > - > > -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!? > Yahoo! Auctions - buy the things you want at great prices > http://auctions.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. ------------------------------ Date: Sat, 19 May 2001 19:54:47 -0500 From: "Norman" Subject: Re: [CANSLIM] Big Picture/index Hello Ann, This just says that the c&h is a further confirmation of the rally that began on April 10. I think the 4-7 days refers to the confirmation of a new rally (April 10) not the breakout from the handle. The c&h is then described as "a bullish exclamation to the new uptrend." Was that what you were asking about Ann? Norm - ----- Original Message ----- From: "Ann Hollingworth" To: "CANSLIM Listserv" Sent: Saturday, May 19, 2001 7:21 PM Subject: [CANSLIM] Big Picture/index > Can someone please explain the meaning of this quote from the Big Picture > (Monday's): > > That sort of action often sets the final stage before a leading stock kicks > off a major advance. The same holds true for the market averages. The > difference is in the timing. The best moment to buy a quality stock is just > as it breaks out of a cup-with-handle base. > In the case of a broad index, the buy signal usually occurs within four to > seven days off the bottom, as it did April 10 for the Dow, Nasdaq and S&P. > Think of the market cup-with-handle as a bullish exclamation to the new > uptrend. > > Why 4-7 days?? > > Thanks ahead of time, > > Ann > > > > - > -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, 19 May 2001 21:06:56 -0400 From: "Ann Hollingworth" Subject: Re: [CANSLIM] Big Picture/index Thank you, Norm. That "4-7 days" rang a bell, and you have explained why. Ann - ----- Original Message ----- From: "Norman" To: Sent: Saturday, May 19, 2001 8:54 PM Subject: Re: [CANSLIM] Big Picture/index > Hello Ann, > > This just says that the c&h is a further confirmation of the rally that > began on April 10. I think the 4-7 days refers to the confirmation of a new > rally (April 10) not the breakout from the handle. The c&h is then > described as "a bullish exclamation to the new uptrend." Was that what you > were asking about Ann? > > Norm > > ----- Original Message ----- > From: "Ann Hollingworth" > To: "CANSLIM Listserv" > Sent: Saturday, May 19, 2001 7:21 PM > Subject: [CANSLIM] Big Picture/index > > > > Can someone please explain the meaning of this quote from the Big Picture > > (Monday's): > > > > That sort of action often sets the final stage before a leading stock > kicks > > off a major advance. The same holds true for the market averages. The > > difference is in the timing. The best moment to buy a quality stock is > just > > as it breaks out of a cup-with-handle base. > > In the case of a broad index, the buy signal usually occurs within four to > > seven days off the bottom, as it did April 10 for the Dow, Nasdaq and S&P. > > Think of the market cup-with-handle as a bullish exclamation to the new > > uptrend. > > > > Why 4-7 days?? > > > > Thanks ahead of time, > > > > Ann > > > > > > > > - > > -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, 20 May 2001 10:16:16 -0700 (PDT) From: Steve F Subject: [CANSLIM] DFXI - Direct Focus This one forming a nice sloping handle on decreasing volume on the right side of the cup that began in early February. I like everything except the industry group and the indication on the graph that there has been a lot of insider selling. Comments please. Steve __________________________________________________ Do You Yahoo!? Yahoo! Auctions - buy the things you want at great prices http://auctions.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. ------------------------------ End of canslim-digest V2 #1384 ****************************** To unsubscribe to canslim-digest, send an email to "majordomo@xmission.com" with "unsubscribe canslim-digest" in the body of the message. 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