From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #1705 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 Wednesday, October 3 2001 Volume 02 : Number 1705 In this issue: Re: [CANSLIM] Quiet Times? Re: [CANSLIM] Quiet Times? [CANSLIM] Accessing the discussion canslim archives... [CANSLIM] 189 of 239 Industries up [CANSLIM] Very strange market .... Re: [CANSLIM] 189 of 239 Industries up Re: [CANSLIM] Very strange market .... Re: [CANSLIM] 189 of 239 Industries up Re: [CANSLIM] 189 of 239 Industries up ---------------------------------------------------------------------- Date: Tue, 2 Oct 2001 22:49:28 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] Quiet Times? This is a multi-part message in MIME format. - ------=_NextPart_000_0013_01C14B94.7E0FEB20 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Not quiet for me, my IRA is fully invested and up 8.7% in past three = days. My VR fund is 90% invested, even with some profits I took and dogs = I sent to the kennel, and up 9.4% in past three days. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: esetser=20 To: canslim@xmission.com=20 Sent: Tuesday, October 02, 2001 6:42 PM Subject: [CANSLIM] Quiet Times? I find it interesting that the overall number of messages has = plummeted now that we have had a valid follow-through day!!?? Personally, I did a = full update and watch list this weekend, but I'm still 100% cash. I am = watching closely, but I would like to see a few good stocks get away before I'm convinced we are really moving back up for any significant period of = time. Interesting graphic with today's Investor Corner. The article talks = about how you need to watch closely for market direction to properly time = your investments. Then it goes on to compare Oct 99 and Jan 01 markets, = both which had valid follow-through days. It seems they are trying to say = you should have known to be in during Oct and out during Jan, but I don't = see anything other than hindsight that indicates that! =20 Am I missing something here? They don't say anything bad about the = Jan 01 rally except that 2 distribution days sparked the slide from the short rally. There appears to be 2 similar days during the Oct rally that = were simply "pit stops" to use their term. I'm not getting this one. - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. - ------=_NextPart_000_0013_01C14B94.7E0FEB20 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Not quiet for me, my IRA is fully invested and up = 8.7% in past=20 three days. My VR fund is 90% invested, even with some profits I took = and dogs I=20 sent to the kennel, and up 9.4% in past three days.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 esetser
To: canslim@xmission.com
Sent: Tuesday, October 02, 2001 = 6:42=20 PM
Subject: [CANSLIM] Quiet = Times?

I find it interesting that the overall number of = messages has=20 plummeted now
that we have had a valid follow-through = day!!??  =20 Personally, I did a full
update and watch list this weekend, but = I'm still=20 100% cash.  I am watching
closely, but I would like to see a = few good=20 stocks get away before I'm
convinced we are really moving back up = for any=20 significant period of time.

Interesting graphic with today's = Investor=20 Corner.  The article talks about
how you need to watch closely = for=20 market direction to properly time = your
investments.    Then=20 it goes on to compare Oct 99 and Jan 01 markets, both
which had = valid=20 follow-through days.  It seems they are trying to say = you
should have=20 known to be in during Oct and out during Jan, but I don't = see
anything=20 other than hindsight that indicates that! 

Am I missing = something=20 here?  They don't say anything bad about the Jan 01
rally = except that=20 2 distribution days sparked the slide from the short
rally.  = There=20 appears to be 2 similar days during the Oct rally that were
simply = "pit=20 stops" to use their term.  I'm not getting this = one.

-
-To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your email.
- ------=_NextPart_000_0013_01C14B94.7E0FEB20-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Tue, 02 Oct 2001 21:10:14 -0600 From: esetser Subject: Re: [CANSLIM] Quiet Times? Well, I don't think they would be ready to change the rules for a real bull market, but maybe we should be more sensitive to Distribution Days in the early days of a rally, since they have repeatedly noted that only one or two DDays can kill a new rally very quickly. At 06:49 PM 10/2/01 -0700, you wrote: >I think the key lies in the daily volume for the "pit stop" days in >Nov 99 and the "distribution days" for Jan 01. Although I have >difficulty in comparing the daily market result to the daily volume >due to the small size of the charts, the pit stops in today's >Investor's Corner for Nov 99 appear to have lower volume than the >previous day while the distribution days in Jan 01 appear to have >higher volume than the previous day. > >In the Essential Lessons column from Friday's paper WON states that >"Four days of distribution, if correctly spotted over a two- or >three- week period, are often enough to turn a previously advancing >market into a decline." The question I have is that today's column >seems to indicate you should be out after two distribution days. > >Marc > >--- esetser wrote: >> I find it interesting that the overall number of messages has >> plummeted now >> that we have had a valid follow-through day!!?? Personally, I did >> a full >> update and watch list this weekend, but I'm still 100% cash. I am >> watching >> closely, but I would like to see a few good stocks get away before >> I'm >> convinced we are really moving back up for any significant period >> of time. >> >> Interesting graphic with today's Investor Corner. The article >> talks about >> how you need to watch closely for market direction to properly time >> your >> investments. Then it goes on to compare Oct 99 and Jan 01 >> markets, both >> which had valid follow-through days. It seems they are trying to >> say you >> should have known to be in during Oct and out during Jan, but I >> don't see >> anything other than hindsight that indicates that! >> >> Am I missing something here? They don't say anything bad about the >> Jan 01 >> rally except that 2 distribution days sparked the slide from the >> short >> rally. There appears to be 2 similar days during the Oct rally >> that were >> simply "pit stops" to use their term. I'm not getting this one. >> >> - >> -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!? >Listen to your Yahoo! Mail messages from any phone. >http://phone.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: Wed, 3 Oct 2001 08:00:01 -0600 From: owner-canslim@xmission.com (Jeff Salisbury) Subject: [CANSLIM] Accessing the discussion canslim archives... From time to time, CANSLIM members may wish to browse the discussion archives. This posting provides instructions on how to access the archives. Thanks to David Cameron for compiling the essentials of this message. Here are the two ways to access the archives: 1. The best way is to use your web browser. To browse the archives, point your browser to: ftp://ftp.xmission.com/pub/lists/canslim/archive/ 2. (Not as convenient) via email: Send an email to majordomo@xmission.com with the following as the body of your message: "index canslim". Then send a follow up email to request an old email from either the "archive" or "latest" directory. Note that your request must be in the body of your email. For example: "get canslim latest/001" will retrieve file "001" from the "latest" directory. "get canslim archive/v01.n066" will retrieve file "v01.n066" from the "archive" dir. Best Regards, Jeff Salisbury - CANSLIM list owner/admin - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Wed, 3 Oct 2001 13:28:54 -0400 From: "Dan Forant" Subject: [CANSLIM] 189 of 239 Industries up This is a multi-part message in MIME format. - ------=_NextPart_000_000B_01C14C0F.594689E0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable 189 of 239 industries are up as of 1:30 eastern. Another good sign. Well = at least a sign. They were hit so hard, it was inevitable for a run up. = How long will it last................... DanF - ------=_NextPart_000_000B_01C14C0F.594689E0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
189 of 239 industries are up as of 1:30 = eastern.=20 Another good sign. Well at least a sign. They were hit so hard, it was=20 inevitable for a run up. How long will it = last...................
 
DanF
- ------=_NextPart_000_000B_01C14C0F.594689E0-- - - - -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: Wed, 3 Oct 2001 12:34:41 -0700 From: "Ian" Subject: [CANSLIM] Very strange market .... This is a multi-part message in MIME format. - ------=_NextPart_000_00BD_01C14C07.C684D280 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable This is the most disconnected market day I have seen in a long time. I = keep pretty thorough lists of companies with strong earnings/business = momentum. On most days when the market is up big, I get a high = percentage of these stocks beating the major indexes. Right now, the = NASDAQ-100 is up over 9% on the day! On my lists, only RMCI, CPRT, ASW, = DFXI, SLNK, LDSH are beating/approaching a 9% gain. I know that the 'signs' tell us that we are now in a new bull, but it = sure looks more like a manic short squeeze to me right now. Does anybody = have good CANSLIM stocks that have put in long & strong bases? (RMCI and = CPRT are not bad, but are now extended.) Or is this mostly just a = 'yesteryears favourites' rally? Ian ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Monday, October 01, 2001 5:21 PM Subject: Re: [CANSLIM] USPH Hi Charlie, Without considering today's closing price, if you were to draw a line = along the highs and lows going back to July 5, you see a clear = downtrend. Today's close appears to just crack the highs line, but one = day doesn't make a trend. On a positive note, I see strong earnings forecast for this year (up = 56%) and next (up another 31%), strong ROE (37%), positive cash flow = (nearly double), and consistent top and bottom line growth both solidly = in the 20%+ range. Balanced against this is the current trailing PE of = 35, but the projected PE drops to 31, and the projected PE for 2002 = drops further to 24. That's not much of a premium for such strong = growth. I also note they took advantage of the ease in SEC rules to announce a = buyback of 9.6% of the issue (equals about 15% of the float). That will = help sustain the earnings growth. I agree that the 50 DMA at 16 looks like resistance (now support), but = would want to see it break decisively over 17.20 (the most recent high) = on volume. I am not sure I would wait for it to break the prior highs at = 18.91 and 19.75. Good luck, Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Charles Cangialosi=20 To: Canslim=20 Sent: Monday, October 01, 2001 10:26 PM Subject: [CANSLIM] USPH I am looking seriously at USPH. I was thinking 17 would have been a = good entry point but got busy and never did the trade, possibly I should = wait to see if it gets to about 17.50. It is above the 50 DMA which looks = like the resistance to me and the volume was good. Any thoughts on this one. Thanks Charlie - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. - ------=_NextPart_000_00BD_01C14C07.C684D280 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
This is the most disconnected market day I have seen = in a long=20 time. I keep pretty thorough lists of companies with strong=20 earnings/business momentum. On most days when the market is up big, I = get a high=20 percentage of these stocks beating the major indexes. Right now, the = NASDAQ-100=20 is up over 9% on the day! On my lists, only RMCI, CPRT, ASW, DFXI, SLNK, = LDSH=20 are beating/approaching a 9% gain.
 
I know that the 'signs' tell us that we are now in a = new bull,=20 but it sure looks more like a manic short squeeze to me right now. Does = anybody=20 have good CANSLIM stocks that have put in long & strong bases? (RMCI = and=20 CPRT are not bad, but are now extended.) Or is this mostly just a = 'yesteryears=20 favourites' rally?
 
Ian
 
 
----- Original Message -----
From:=20 Tom = Worley=20
To: canslim@lists.xmission.com =
Sent: Monday, October 01, 2001 = 5:21=20 PM
Subject: Re: [CANSLIM] = USPH

Hi Charlie,
 
Without considering today's closing price, if you = were to=20 draw a line along the highs and lows going back to July 5, you see a = clear=20 downtrend.  Today's close appears to just crack the highs line, = but one=20 day doesn't make a trend.
 
On a positive note, I see strong earnings forecast = for this=20 year (up 56%) and next (up another 31%), strong ROE (37%), positive = cash flow=20 (nearly double), and consistent top and bottom line growth both = solidly in the=20 20%+ range. Balanced against this is the current trailing PE of 35, = but the=20 projected PE drops to 31, and the projected PE for 2002 drops further = to 24.=20 That's not much of a premium for such strong growth.
 
I also note they took advantage of the ease in SEC = rules to=20 announce a buyback of 9.6% of the issue (equals about 15% of the = float). That=20 will help sustain the earnings growth.
 
I agree that the 50 DMA at 16 looks like = resistance (now=20 support), but would want to see it break decisively over 17.20 (the = most=20 recent high) on volume. I am not sure I would wait for it to break the = prior=20 highs at 18.91 and 19.75.
 
Good luck,
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Charles=20 Cangialosi
To: Canslim
Sent: Monday, October 01, = 2001 10:26=20 PM
Subject: [CANSLIM] USPH


I am looking seriously at USPH. I was thinking 17 = would=20 have been a good
entry point but got busy and never did the = trade,=20 possibly I should wait to
see if it gets to about 17.50. It is = above the=20 50 DMA which looks like the
resistance to me and the volume was = good. Any=20 thoughts on this one.
Thanks
Charlie


-
-To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your = email.
- ------=_NextPart_000_00BD_01C14C07.C684D280-- - - - -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: Wed, 3 Oct 2001 12:20:13 -0700 From: "Mike Lucero" Subject: Re: [CANSLIM] 189 of 239 Industries up This is a multi-part message in MIME format. - ------=_NextPart_000_0005_01C14C05.C09B5F80 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable I just heard something disturbing on CNBC. They said they had heard that = small investors were not being allowed to short a number of big stocks, = GE being one of them. The guy on the exchange floor discounted it, = saying he had never heard of such a thing. It bothers me that last Thursday, I believe, they were saying "This = isn't real. It's just portfolio rebalancing." It seems like every time = it wasn't real, they jumped on the bandwagon, but this time was = different. Are they just puppets? Mike ----- Original Message -----=20 From: Dan Forant=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, October 03, 2001 10:28 AM Subject: [CANSLIM] 189 of 239 Industries up 189 of 239 industries are up as of 1:30 eastern. Another good sign. = Well at least a sign. They were hit so hard, it was inevitable for a run = up. How long will it last................... =20 DanF - ------=_NextPart_000_0005_01C14C05.C09B5F80 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
I just heard something disturbing on = CNBC. They=20 said they had heard that small investors were not being allowed to short = a=20 number of big stocks, GE being one of them. The guy on the exchange = floor=20 discounted it, saying he had never heard of such a thing.
 
It bothers me that last Thursday, I = believe, they=20 were saying "This isn't real. It's just portfolio rebalancing." It seems = like=20 every time it wasn't real, they jumped on the bandwagon, but this time = was=20 different. Are they just puppets?
 
Mike
----- Original Message -----
From:=20 Dan=20 Forant
To: canslim@lists.xmission.com =
Sent: Wednesday, October 03, = 2001 10:28=20 AM
Subject: [CANSLIM] 189 of 239 = Industries=20 up

189 of 239 industries are up as of = 1:30 eastern.=20 Another good sign. Well at least a sign. They were hit so hard, it was = inevitable for a run up. How long will it = last...................
 
DanF
- ------=_NextPart_000_0005_01C14C05.C09B5F80-- - - - -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: Wed, 03 Oct 2001 15:50:48 -0600 From: DougC Subject: Re: [CANSLIM] Very strange market .... - --=====================_67433391==_.ALT Content-Type: text/plain; charset="us-ascii"; format=flowed Hello Ian Take a look at Trendwest Resorts. TWRI. RS 94 EPS 96 Group RS doesnt look too good at 19. And u/d is .9 currently. It's float is 24mil and ADV is only around 21K. It's got a PE of 14 and 5 yr gwth rate of 29%. It's been basing around 25 since April. But looks like it's trying to gain momentum to break above it's last intra day high of 29.84 from way back in April. At 12:34 PM 10/3/01 -0700, you wrote: >This is the most disconnected market day I have seen in a long time. I >keep pretty thorough lists of companies with strong earnings/business >momentum. On most days when the market is up big, I get a high percentage >of these stocks beating the major indexes. Right now, the NASDAQ-100 is up >over 9% on the day! On my lists, only RMCI, CPRT, ASW, DFXI, SLNK, LDSH >are beating/approaching a 9% gain. > >I know that the 'signs' tell us that we are now in a new bull, but it sure >looks more like a manic short squeeze to me right now. Does anybody have >good CANSLIM stocks that have put in long & strong bases? (RMCI and CPRT >are not bad, but are now extended.) Or is this mostly just a 'yesteryears >favourites' rally? > >Ian > > >>----- Original Message ----- >>From: Tom Worley >>To: canslim@lists.xmission.com >>Sent: Monday, October 01, 2001 5:21 PM >>Subject: Re: [CANSLIM] USPH >> >>Hi Charlie, >> >>Without considering today's closing price, if you were to draw a line >>along the highs and lows going back to July 5, you see a clear >>downtrend. Today's close appears to just crack the highs line, but one >>day doesn't make a trend. >> >>On a positive note, I see strong earnings forecast for this year (up 56%) >>and next (up another 31%), strong ROE (37%), positive cash flow (nearly >>double), and consistent top and bottom line growth both solidly in the >>20%+ range. Balanced against this is the current trailing PE of 35, but >>the projected PE drops to 31, and the projected PE for 2002 drops further >>to 24. That's not much of a premium for such strong growth. >> >>I also note they took advantage of the ease in SEC rules to announce a >>buyback of 9.6% of the issue (equals about 15% of the float). That will >>help sustain the earnings growth. >> >>I agree that the 50 DMA at 16 looks like resistance (now support), but >>would want to see it break decisively over 17.20 (the most recent high) >>on volume. I am not sure I would wait for it to break the prior highs at >>18.91 and 19.75. >> >>Good luck, >> >>Tom Worley >>stkguru@netside.net >>AIM: TexWorley >>>----- Original Message ----- >>>From: Charles Cangialosi >>>To: Canslim >>>Sent: Monday, October 01, 2001 10:26 PM >>>Subject: [CANSLIM] USPH >>> >>> >>>I am looking seriously at USPH. I was thinking 17 would have been a good >>>entry point but got busy and never did the trade, possibly I should wait to >>>see if it gets to about 17.50. It is above the 50 DMA which looks like the >>>resistance to me and the volume was good. Any thoughts on this one. >>>Thanks >>>Charlie >>> >>> >>>- >>>-To subscribe/unsubscribe, email >>>"majordomo@xmission.com" >>>-In the email body, write "subscribe canslim" or >>>-"unsubscribe canslim". Do not use quotes in your email. - --=====================_67433391==_.ALT Content-Type: text/html; charset="us-ascii" Hello Ian

Take a look at Trendwest Resorts. TWRI. RS 94 EPS 96 Group RS doesnt look too good at 19. And u/d is .9 currently. It's float is 24mil and ADV is only around 21K. It's got a PE of 14 and 5 yr gwth rate of 29%. It's been basing around 25 since April. But looks like it's trying to gain momentum to break above it's last intra day high  of 29.84 from way back in April.



At 12:34 PM 10/3/01 -0700, you wrote:
This is the most disconnected market day I have seen in a long time. I keep pretty thorough lists of companies with strong earnings/business momentum. On most days when the market is up big, I get a high percentage of these stocks beating the major indexes. Right now, the NASDAQ-100 is up over 9% on the day! On my lists, only RMCI, CPRT, ASW, DFXI, SLNK, LDSH are beating/approaching a 9% gain.
 
I know that the 'signs' tell us that we are now in a new bull, but it sure looks more like a manic short squeeze to me right now. Does anybody have good CANSLIM stocks that have put in long & strong bases? (RMCI and CPRT are not bad, but are now extended.) Or is this mostly just a 'yesteryears favourites' rally?
 
Ian
 
 
----- Original Message -----
From: Tom Worley
To: canslim@lists.xmission.com
Sent: Monday, October 01, 2001 5:21 PM
Subject: Re: [CANSLIM] USPH

Hi Charlie,
 
Without considering today's closing price, if you were to draw a line along the highs and lows going back to July 5, you see a clear downtrend.  Today's close appears to just crack the highs line, but one day doesn't make a trend.
 
On a positive note, I see strong earnings forecast for this year (up 56%) and next (up another 31%), strong ROE (37%), positive cash flow (nearly double), and consistent top and bottom line growth both solidly in the 20%+ range. Balanced against this is the current trailing PE of 35, but the projected PE drops to 31, and the projected PE for 2002 drops further to 24. That's not much of a premium for such strong growth.
 
I also note they took advantage of the ease in SEC rules to announce a buyback of 9.6% of the issue (equals about 15% of the float). That will help sustain the earnings growth.
 
I agree that the 50 DMA at 16 looks like resistance (now support), but would want to see it break decisively over 17.20 (the most recent high) on volume. I am not sure I would wait for it to break the prior highs at 18.91 and 19.75.
 
Good luck,
 
Tom Worley
stkguru@netside.net
AIM: TexWorley
----- Original Message -----
From: Charles Cangialosi
To: Canslim
Sent: Monday, October 01, 2001 10:26 PM
Subject: [CANSLIM] USPH


I am looking seriously at USPH. I was thinking 17 would have been a good
entry point but got busy and never did the trade, possibly I should wait to
see if it gets to about 17.50. It is above the 50 DMA which looks like the
resistance to me and the volume was good. Any thoughts on this one.
Thanks
Charlie


- -
- -To subscribe/unsubscribe, email "majordomo@xmission.com"
- -In the email body, write "subscribe canslim" or
- -"unsubscribe canslim".  Do not use quotes in your email.
- --=====================_67433391==_.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: Wed, 3 Oct 2001 20:29:02 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] 189 of 239 Industries up This is a multi-part message in MIME format. - ------=_NextPart_000_001C_01C14C4A.0A488420 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable The regulators are considering easing the rules on shorting for NYSE and = AMEX, to permit execution of a short sell without requiring an uptick. = But it would require the bid to improve, just like Naz. To me, I always = found the NYSE/AMEX uptick rule to be easier to work with than Naz's, so = I see this as making shorting more difficult. I did see one headline = story that if read in a hurry might suggest some limited prohibitions on = shorting, but the text of the story was quite different. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Mike Lucero=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, October 03, 2001 3:20 PM Subject: Re: [CANSLIM] 189 of 239 Industries up I just heard something disturbing on CNBC. They said they had heard = that small investors were not being allowed to short a number of big = stocks, GE being one of them. The guy on the exchange floor discounted = it, saying he had never heard of such a thing. It bothers me that last Thursday, I believe, they were saying "This = isn't real. It's just portfolio rebalancing." It seems like every time = it wasn't real, they jumped on the bandwagon, but this time was = different. Are they just puppets? Mike ----- Original Message -----=20 From: Dan Forant=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, October 03, 2001 10:28 AM Subject: [CANSLIM] 189 of 239 Industries up 189 of 239 industries are up as of 1:30 eastern. Another good sign. = Well at least a sign. They were hit so hard, it was inevitable for a run = up. How long will it last................... =20 DanF - ------=_NextPart_000_001C_01C14C4A.0A488420 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
The regulators are considering easing the rules on = shorting=20 for NYSE and AMEX, to permit execution of a short sell without requiring = an=20 uptick. But it would require the bid to improve, just like Naz. To me, I = always=20 found the NYSE/AMEX uptick rule to be easier to work with than Naz's, so = I see=20 this as making shorting more difficult. I did see one headline story = that if=20 read in a hurry might suggest some limited prohibitions on shorting, but = the=20 text of the story was quite different.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Mike=20 Lucero
To: canslim@lists.xmission.com =
Sent: Wednesday, October 03, = 2001 3:20=20 PM
Subject: Re: [CANSLIM] 189 of = 239=20 Industries up

I just heard something disturbing on = CNBC. They=20 said they had heard that small investors were not being allowed to = short a=20 number of big stocks, GE being one of them. The guy on the exchange = floor=20 discounted it, saying he had never heard of such a thing.
 
It bothers me that last Thursday, I = believe, they=20 were saying "This isn't real. It's just portfolio rebalancing." It = seems like=20 every time it wasn't real, they jumped on the bandwagon, but this time = was=20 different. Are they just puppets?
 
Mike
----- Original Message -----
From:=20 Dan=20 Forant
To: canslim@lists.xmission.com =
Sent: Wednesday, October 03, = 2001 10:28=20 AM
Subject: [CANSLIM] 189 of 239 = Industries up

189 of 239 industries are up as of = 1:30=20 eastern. Another good sign. Well at least a sign. They were hit so = hard, it=20 was inevitable for a run up. How long will it=20 last...................
 
DanF
- ------=_NextPart_000_001C_01C14C4A.0A488420-- - - - -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: Wed, 3 Oct 2001 20:32:38 -0400 From: "Dan Forant" Subject: Re: [CANSLIM] 189 of 239 Industries up This is a multi-part message in MIME format. - ------=_NextPart_000_0020_01C14C4A.8AE8FBA0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable I have shorted and successfully, how could you miss. They didn't care = how much money they took from me when I started in Jan 2000. Well I got = it all back and much more. As for the big companies, I don't short them. = Too unreliable, too well backed. This market has headed up too fast, = will fall some. I like the noise coming from Washington, We got a big = economic package coming along. We've been there, done that. Look's like = the special interest groups will have to wait a few years for handouts. DanF ----- Original Message -----=20 From: Mike Lucero=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, October 03, 2001 3:20 PM Subject: Re: [CANSLIM] 189 of 239 Industries up I just heard something disturbing on CNBC. They said they had heard = that small investors were not being allowed to short a number of big = stocks, GE being one of them. The guy on the exchange floor discounted = it, saying he had never heard of such a thing. It bothers me that last Thursday, I believe, they were saying "This = isn't real. It's just portfolio rebalancing." It seems like every time = it wasn't real, they jumped on the bandwagon, but this time was = different. Are they just puppets? Mike ----- Original Message -----=20 From: Dan Forant=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, October 03, 2001 10:28 AM Subject: [CANSLIM] 189 of 239 Industries up 189 of 239 industries are up as of 1:30 eastern. Another good sign. = Well at least a sign. They were hit so hard, it was inevitable for a run = up. How long will it last................... DanF - ------=_NextPart_000_0020_01C14C4A.8AE8FBA0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
I have shorted and successfully, how = could you=20 miss. They didn't care how much money they took from me when I started = in Jan=20 2000. Well I got it all back and much more. As for the big companies, I = don't=20 short them. Too unreliable, too well backed. This market has headed up = too fast,=20 will fall some. I like the noise coming from Washington, We got a big = economic=20 package coming along. We've been there, done that. Look's like the = special=20 interest groups will have to wait a few years for handouts.
 
DanF
----- Original Message -----
From:=20 Mike=20 Lucero
Sent: Wednesday, October 03, = 2001 3:20=20 PM
Subject: Re: [CANSLIM] 189 of = 239=20 Industries up

I just heard something disturbing on = CNBC. They=20 said they had heard that small investors were not being allowed to = short a=20 number of big stocks, GE being one of them. The guy on the exchange = floor=20 discounted it, saying he had never heard of such a thing.
 
It bothers me that last Thursday, I = believe, they=20 were saying "This isn't real. It's just portfolio rebalancing." It = seems like=20 every time it wasn't real, they jumped on the bandwagon, but this time = was=20 different. Are they just puppets?
 
Mike
----- Original Message -----
From:=20 Dan=20 Forant
Sent: Wednesday, October 03, = 2001 10:28=20 AM
Subject: [CANSLIM] 189 of 239 = Industries up

189 of 239 industries are up as of = 1:30=20 eastern. Another good sign. Well at least a sign. They were hit so = hard, it=20 was inevitable for a run up. How long will it=20 last...................
 
DanF
- ------=_NextPart_000_0020_01C14C4A.8AE8FBA0-- - - - -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 #1705 ****************************** 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.