From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #1583 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, July 29 2001 Volume 02 : Number 1583 In this issue: [CANSLIM] Worley's Weekend Weeview - Part II Re: [CANSLIM] Industry Group Rank - CANSLIM post Re: [CANSLIM] Worley's Weekend Weeview - Part II Re: [CANSLIM] Industry Group Rank - CANSLIM post Re: [CANSLIM] Industry Group Rank - CANSLIM post Re: [CANSLIM] Worley's Weekend Weeview - Part II Re: [CANSLIM] Ian and Tom - Subject Matter Pertains to Potential or Non CANSL... Re: [CANSLIM] Weekly Scan ---------------------------------------------------------------------- Date: Sat, 28 Jul 2001 15:48:37 -0400 From: "Tom Worley" Subject: [CANSLIM] Worley's Weekend Weeview - Part II This is a multi-part message in MIME format. - ------=_NextPart_000_000F_01C1177C.C4CF7B80 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Several weeks ago, I mentioned my thoughts on the strength in the = Building - Resident/Commercial group. I add to this today's comments = from Timely-Invest's weekly economic report: "New Home Sales continued at a very high rate, and actually increased = +1.7% in June to 922,000. This is the seventh consecutive month for = which sales have exceeded 900,000, which is a first, according to the = Wall Street Journal, since this series began in 1963. Clearly the = housing sector remains robust." For all those that have bought a first house, especially if it was a = brand new house, think back on all the things you "had" to buy in the = next three months after buying that house. There was the window = curtains, or other window treatment. There were the new bath towels, = because the old ones didn't match the new decor. There was the = additional furniture because the new house was so much larger, or had a = specialty room, compared to the old apartment or house. Then there were = the add-ons, like the automatic garage door opener so you didn't have to = get out in the rain, or the garbage disposal, or even a larger = refrigerator. Maybe there was a new TV or stereo system, now that you = had a place to entertain. Bottom line, buying a new house (whether = truly new or just new to you) entails far more expenses than what you = see at closing. As long as home sales (new and existing) continues at such a strong = pace, consumer spending will follow. And the economy will recover. Tom Worley stkguru@netside.net AIM: TexWorley - ------=_NextPart_000_000F_01C1177C.C4CF7B80 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Several weeks ago, I mentioned my thoughts on the = strength in=20 the Building - Resident/Commercial group. I add to this today's comments = from=20 Timely-Invest's weekly economic report:
 
"New Home Sales continued at a very high rate, and = actually=20 increased +1.7% in June to 922,000.  This is the seventh = consecutive month=20 for which sales have exceeded 900,000, which is a first, according to = the Wall=20 Street Journal, since this series began in 1963. Clearly the housing = sector=20 remains robust."

For all those that have bought a first house, = especially=20 if it was a brand new house, think back on all the things you "had" to = buy in=20 the next three months after buying that house. There was the window = curtains, or=20 other window treatment. There were the new bath towels, because the old = ones=20 didn't match the new decor. There was the additional furniture because = the new=20 house was so much larger, or had a specialty room, compared to the old = apartment=20 or house. Then there were the add-ons, like the automatic garage door = opener so=20 you didn't have to get out in the rain, or the garbage disposal, or even = a=20 larger refrigerator.  Maybe there was a new TV or stereo system, = now that=20 you had a place to entertain.  Bottom line, buying a new house = (whether=20 truly new or just new to you) entails far more expenses than what you = see at=20 closing.
 
As long as home sales (new and existing) continues = at such a=20 strong pace, consumer spending will follow. And the economy will=20 recover.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
- ------=_NextPart_000_000F_01C1177C.C4CF7B80-- - - - -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 Jul 2001 14:13:04 -0600 From: esetser Subject: Re: [CANSLIM] Industry Group Rank - CANSLIM post Just the top 100 are included in the "Top Industry Groups" report. Since it includes last week's rank, you would at least have the rank starting one week before it entered the Top 100. At 12:54 PM 7/28/01 -0500, you wrote: > Thanks for the response Earl. INTERSPERSED BELOW ----- Original >Message ----- Sent: >Saturday, July 28, 2001 12:35 PM Subject: Re: [CANSLIM] Industry Group Rank >- CANSLIM post > > My question for your question (don't you hate that?) is what data are you >> >> >> This gives you current, >> last week, and 3 month ago rankings for the top 100 groups. But >at least the top 100. > The other >> groups aren't included (and are they really important?) I'll post an >example somewhere when I get some bugs worked out and enough data entered. >> >> Second, the DG Printed Product Index includes Industry Group name and RS >> Since the report includes about 2800 stocks, I would think >> It would take some work >> to manipulate this report into a list of each of the groups and their RS, >> >> >> There may be others. >> >> - - - -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 Jul 2001 13:20:28 -0700 From: George Subject: Re: [CANSLIM] Worley's Weekend Weeview - Part II - --=====================_-2057381734==_.ALT Content-Type: text/plain; charset="us-ascii"; format=flowed Nevermind all the layoffs. Unemployment checks will cover it! At 03:48 PM 7/28/01 -0400, you wrote: >Several weeks ago, I mentioned my thoughts on the strength in the Building >- Resident/Commercial group. I add to this today's comments from >Timely-Invest's weekly economic report: > >"New Home Sales continued at a very high rate, and actually increased >+1.7% in June to 922,000. This is the seventh consecutive month for which >sales have exceeded 900,000, which is a first, according to the Wall >Street Journal, since this series began in 1963. Clearly the housing >sector remains robust." > >For all those that have bought a first house, especially if it was a brand >new house, think back on all the things you "had" to buy in the next three >months after buying that house. There was the window curtains, or other >window treatment. There were the new bath towels, because the old ones >didn't match the new decor. There was the additional furniture because the >new house was so much larger, or had a specialty room, compared to the old >apartment or house. Then there were the add-ons, like the automatic garage >door opener so you didn't have to get out in the rain, or the garbage >disposal, or even a larger refrigerator. Maybe there was a new TV or >stereo system, now that you had a place to entertain. Bottom line, buying >a new house (whether truly new or just new to you) entails far more >expenses than what you see at closing. > >As long as home sales (new and existing) continues at such a strong pace, >consumer spending will follow. And the economy will recover. > >Tom Worley >stkguru@netside.net >AIM: TexWorley - --=====================_-2057381734==_.ALT Content-Type: text/html; charset="us-ascii" Nevermind all the layoffs. Unemployment checks will cover it!

At 03:48 PM 7/28/01 -0400, you wrote:
Several weeks ago, I mentioned my thoughts on the strength in the Building - Resident/Commercial group. I add to this today's comments from Timely-Invest's weekly economic report:
 
"New Home Sales continued at a very high rate, and actually increased +1.7% in June to 922,000.  This is the seventh consecutive month for which sales have exceeded 900,000, which is a first, according to the Wall Street Journal, since this series began in 1963. Clearly the housing sector remains robust."

For all those that have bought a first house, especially if it was a brand new house, think back on all the things you "had" to buy in the next three months after buying that house. There was the window curtains, or other window treatment. There were the new bath towels, because the old ones didn't match the new decor. There was the additional furniture because the new house was so much larger, or had a specialty room, compared to the old apartment or house. Then there were the add-ons, like the automatic garage door opener so you didn't have to get out in the rain, or the garbage disposal, or even a larger refrigerator.  Maybe there was a new TV or stereo system, now that you had a place to entertain.  Bottom line, buying a new house (whether truly new or just new to you) entails far more expenses than what you see at closing.
 
As long as home sales (new and existing) continues at such a strong pace, consumer spending will follow. And the economy will recover.
 
Tom Worley
stkguru@netside.net
AIM: TexWorley
- --=====================_-2057381734==_.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, 28 Jul 2001 17:07:01 -0500 From: "Rich Weinhold" Subject: Re: [CANSLIM] Industry Group Rank - CANSLIM post Norm, This all done on the Delphi.com site, they have not done 7/27 yet, but I could send you 7/20 if you want to see how it looks, as I am not sure if it will attach to this email. Rich W - - - -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 Jul 2001 17:22:30 -0500 From: "Norman" Subject: Re: [CANSLIM] Industry Group Rank - CANSLIM post Rich, You can cut-n-paste to send most pages or just direct me to specific location at Delphi (if I can access it). I would like to see what they have. Sometimes you have to copy to a Word document and just attach that. norm - ----- Original Message ----- From: "Rich Weinhold" To: Sent: Saturday, July 28, 2001 5:07 PM Subject: Re: [CANSLIM] Industry Group Rank - CANSLIM post > Norm, > This all done on the Delphi.com site, they have not done 7/27 yet, but I > could send you 7/20 if you want to see how it looks, as I am not sure if it > will attach to this email. > Rich W > > > - > -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 Jul 2001 18:24:56 -0400 From: "Dan Forant" Subject: Re: [CANSLIM] Worley's Weekend Weeview - Part II This is a multi-part message in MIME format. - ------=_NextPart_000_008C_01C11792.9A5C7860 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable I read somewhere in the Drudge Report, in a newspaper article the past = administration cooked the books during the latter part of it's term. = Naturally their figures were higher or cooked and caused the business = world some of the problems we have now. Maybe it worked to some's = benefit and maybe not. This is a new way it seems of getting through a = recession, a single sector or industry carrying us along till all the = ducks get in line again.=20 DanF ----- Original Message -----=20 From: Tom Worley=20 To: CANSLIM=20 Sent: Saturday, July 28, 2001 3:48 PM Subject: [CANSLIM] Worley's Weekend Weeview - Part II Several weeks ago, I mentioned my thoughts on the strength in the = Building - Resident/Commercial group. I add to this today's comments = from Timely-Invest's weekly economic report: "New Home Sales continued at a very high rate, and actually increased = +1.7% in June to 922,000. This is the seventh consecutive month for = which sales have exceeded 900,000, which is a first, according to the = Wall Street Journal, since this series began in 1963. Clearly the = housing sector remains robust." For all those that have bought a first house, especially if it was a = brand new house, think back on all the things you "had" to buy in the = next three months after buying that house. There was the window = curtains, or other window treatment. There were the new bath towels, = because the old ones didn't match the new decor. There was the = additional furniture because the new house was so much larger, or had a = specialty room, compared to the old apartment or house. Then there were = the add-ons, like the automatic garage door opener so you didn't have to = get out in the rain, or the garbage disposal, or even a larger = refrigerator. Maybe there was a new TV or stereo system, now that you = had a place to entertain. Bottom line, buying a new house (whether = truly new or just new to you) entails far more expenses than what you = see at closing. As long as home sales (new and existing) continues at such a strong = pace, consumer spending will follow. And the economy will recover. Tom Worley stkguru@netside.net AIM: TexWorley - ------=_NextPart_000_008C_01C11792.9A5C7860 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
I read somewhere in the Drudge Report, in a = newspaper article=20 the past administration cooked the books during the latter part of it's = term.=20 Naturally their figures were higher or cooked and caused the business = world some=20 of the problems we have now. Maybe it worked to some's benefit and maybe = not.=20 This is a new way it seems of getting through a recession, a single = sector or=20 industry carrying us along till all the ducks get in line again. =
 
DanF
----- Original Message -----
From:=20 Tom = Worley=20
To: CANSLIM
Sent: Saturday, July 28, 2001 = 3:48=20 PM
Subject: [CANSLIM] Worley's = Weekend=20 Weeview - Part II

Several weeks ago, I mentioned my thoughts on the = strength=20 in the Building - Resident/Commercial group. I add to this today's = comments=20 from Timely-Invest's weekly economic report:
 
"New Home Sales continued at a very high rate, and = actually=20 increased +1.7% in June to 922,000.  This is the seventh = consecutive=20 month for which sales have exceeded 900,000, which is a first, = according to=20 the Wall Street Journal, since this series began in 1963. Clearly the = housing=20 sector remains robust."

For all those that have bought a first = house,=20 especially if it was a brand new house, think back on all the things = you "had"=20 to buy in the next three months after buying that house. There was the = window=20 curtains, or other window treatment. There were the new bath towels, = because=20 the old ones didn't match the new decor. There was the additional = furniture=20 because the new house was so much larger, or had a specialty room, = compared to=20 the old apartment or house. Then there were the add-ons, like the = automatic=20 garage door opener so you didn't have to get out in the rain, or the = garbage=20 disposal, or even a larger refrigerator.  Maybe there was a new = TV or=20 stereo system, now that you had a place to entertain.  Bottom = line,=20 buying a new house (whether truly new or just new to you) entails far = more=20 expenses than what you see at closing.
 
As long as home sales (new and existing) continues = at such a=20 strong pace, consumer spending will follow. And the economy will=20 recover.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
- ------=_NextPart_000_008C_01C11792.9A5C7860-- - - - -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 Jul 2001 23:42:49 EDT From: Spencer48@aol.com Subject: Re: [CANSLIM] Ian and Tom - Subject Matter Pertains to Potential or Non CANSL... Stef: Yes, you should have asked the question. EBAY has most of CANSLIM's characterisitics (except for one major proviso: The market is not bullish). It's annual and quarterly earnings are very nice (as are its quarterly sales). Its ROE is only 6% (I believe WON prefers around 15-17%), and the float is 143 million shares (in the past WON said to keep away from stocks with floats of more than 100 million shares, his reason being that with so many shares out the stock is less likely to move quickly). Also, management owns 47% of the shares outstanding. Now you'd want management to have a stake in its own company-but 47% seems kind of top-heavy to me (for example, if some high management official whose in the know decides to sell, everyone in management could sell. This would dump a lot of supply in the market). As for its chart: I don't know when you wrote your original post on EBAY (you don't say), but to me it looks currently as though it has made a long cup (with the lips in Sept. and June, and right now is working on the handle. To me the handle seems as if it will be commensurately long (ie. it will take some time to complete). I say this because the market is weak right now, and I don't believe EBAY will BO until the market turns. Also, I believe I read somewhere that in WON's experience, long-forming- cups usually precede longish handles. (Watch what EBAY does in relation to the 50 day moving average. Notice that it has tested it, and now it is below the 50 again. Before it can BO, it must rise above the 50 again-and preferably it should be on high volume.) jans In a message dated 7/27/2001 11:21:10 PM Eastern Daylight Time, steff@csrlink.net writes: << Previously, I asked about Ebay's chart. I considered it a Potential "CANSLIM" stock. So why did I ask about Ebay? Because I had no idea what the chart was saying if anything and I asked for everyone's interruption of the chart to gain knowledge. I did not consider Ebay a "CANSLIM" buy at the time. Should I have asked the question? Where are the boundaries of determining what information is significant? And once again, Thanks Ian, Tom and other members who have contributed their knowledge. Steff >> - - - -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 Jul 2001 20:49:32 -0700 From: Joe Maguire Subject: Re: [CANSLIM] Weekly Scan - --------------A69181D77DF229A509D03991 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit Hello David... How goes? Did you get my check for your service? $14.95 sent . ARE yoy going to sent charts as you did recently? They really put it in prospective Thank s & best , Joe Maguire David Squires wrote: > - --------------A69181D77DF229A509D03991 Content-Type: text/html; charset=us-ascii Content-Transfer-Encoding: 7bit Hello David... How goes? Did you get my check for your service?  $14.95 sent . ARE yoy going to sent charts as you did recently? They really put it in prospective  Thank s & best , Joe Maguire

David Squires wrote:

 
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