From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #1715 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, October 7 2001 Volume 02 : Number 1715 In this issue: Fw: [CANSLIM] OT: Discontinuance of my posting DGO Data Re: OFF TOPIC Re: [CANSLIM] ibd ADV RE: [CANSLIM] Worley's Weekend Weeview Re: [CANSLIM] Worley's Weekend Weeview Re: [CANSLIM] OT: Discontinuance of my posting DGO Data Re: [CANSLIM] Worley's Weekend Weeview ---------------------------------------------------------------------- Date: Sun, 7 Oct 2001 07:20:39 -0400 From: "Ann" Subject: Fw: [CANSLIM] OT: Discontinuance of my posting DGO Data : : Unfortunately, on lessor matters, I have had some less than friendly exchanges with the folks at both DGO and IBD. Their customer service level stinks! : : Howard : I have to say that I have had punctual, frequent, and very polite responses from IBD about software issues I have been having. And, as Tom said, they have gotten back to me late at night and all weekend--sometimes within minutes of when I emailed them. They have been very patient with my slow learning curve! 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: Sun, 7 Oct 2001 07:29:48 -0400 From: "Ann" Subject: Re: OFF TOPIC Re: [CANSLIM] ibd ADV :-) The humor in the group is great this weekend. I guess people love a long weekend! - ----- Original Message ----- From: "Kent Norman" To: Sent: Saturday, October 06, 2001 10:15 PM Subject: Re: OFF TOPIC Re: [CANSLIM] ibd ADV : Careful Ann : Everyone knows that word "handle" was invented by WON. : : Kent : --- Ann wrote: : > I see a handle starting on 9/28 (26.88 high) and : > going to today (high 27.90). Or is that difference : > not enough to qualify as sloping upward? : > Ann : > ----- Original Message ----- : : : __________________________________________________ : Do You Yahoo!? : NEW from Yahoo! GeoCities - quick and easy web site hosting, just $8.95/month. : http://geocities.yahoo.com/ps/info1 : : - : -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, 7 Oct 2001 11:49:26 -0700 From: "Charles Cangialosi" Subject: RE: [CANSLIM] Worley's Weekend Weeview This is a multi-part message in MIME format. - ------=_NextPart_000_0002_01C14F26.1D776500 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: 7bit Tom, Great list. Just a quick question, it appears to me that AHMH, THC and CYTC (or should we use our secret decoder rings, to create new names for these companies) are forming handles, you listed them as B1, what am I missing? Thanks Charlie -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Tom Worley Sent: Sunday, October 07, 2001 3:01 AM To: CANSLIM Subject: [CANSLIM] Worley's Weekend Weeview Thanks for all the comments on the legal letter from DGO, I got a few laughs, put things in perspective, now it's time to get back to CANSLIM. I will continue to use stock symbols, even if DGO calls them abbreviations and claims they have the copyright. I was calling them stock symbols long before DG/DGO/ID/IBD even existed, so I have the right. - ---------------------------------------------------------------------------- - -- ON "M" We have now had two quality and strong follow thru days in the past week. In both cases, they met all requirements, and were on multiple indexes as well. Both were better FT days than I can recall seeing in nearly two years. All indexes are now above their September lows, some above their April lows, and NYSE Financial substantially above the April low. Volume has remained above average on most of the up days, and generally light on the down days, giving back very little of the overall gains. For the week, DOW 30 and S&P500 gained about 3% and NASDAQ gained over 7%. I was surprised to see the Russell 2000 only gained 2.5% as my VR fund, entirely comprised of small and micro caps, gained over 10%. But I must admit it also made me feel good to beat this particular index so solidly. I see a number of other small cap funds (real ones, that is) that have done poorly this year. I am not sure why, so there may be a message there for me and other lovers of small caps. Their time may be passing as the market recovers and refocuses on mid to large cap stocks once again. - ---------------------------------------------------------------------------- - -- ON ECONOMICS Prior to the cowardly attacks on September 11, the economy was showing some signs of recovery. Consumer spending was increasing, as was consumer debt. NAPM numbers, while still contracting, were doing so at a much slower pace. There was strong evidence that the inventory reductions needed were nearing an end. September sales on autos remains strong, altho in part due the availability of interest free loans from the dealers. Housing starts and sales appear to have weakened a little, but are still strong historically. And the Feds have cut a full percent off rates, altho it's not being reflected in mortgage rates to the same extent. Fuel prices, after an initial spike, have fallen further and appear to be stabilizing. The dollar weakened, but not as dramatically as was feared. Inflation still is not an issue. The difficulty now lies in assessing where we are, and where we are going, since the attacks. A lot of the data is either prior 9/11, or is diluted by data since then. It will take several months before we can fully assess the impact on the economy. The President is meanwhile pushing an economic stimulus package which, along with increased Defense spending, could provide short term improvement. Some economists were operating these past several weeks out of temporary sites, and lacking all their historical data which was lost in the attack. It will take time for them to reconstruct that information. Unemployment continues to rise, and likely still does not fully reflect the damage done to corporate America by the attacks. Yet this economy is not dead, it's recovery may have been delayed, but it will happen. - ---------------------------------------------------------------------------- - -- WORLEY'S WATCHLIST WANNABES (from blended sources) Overall, I had substantially more candidates to consider this week than last as the markets began to recover. These are the ones I think are worth watching. Bx means a flat line "B"ase of "x" weeks, IMO. Because of the new strength in "M", I will include one week bases. PFFB - one week handle on the cup AHMH - B1 AROW - shallow cup formed, one week handle DORL - B1 handle on the cup ADVP - cup completed GG - B3, gold mining company APOL - double bottom, cup??, approaching the pivot GTY - B2 RYAN - cup completed, possible evidence of consumer spending post attack? HRB - resuming its LLUR pattern FCN - LLUR PORT - did the left side of the cup pre-attack, right side post-attack, pretty impressive for a bank WTFC - double bottom FSNM - B4+ THC - B1+ MYL - cup completed, forming handle RCGI - B3 ATPX - just had to mention this one, jumped another 4 bucks Friday, my big winner in my VR fund, up 94% now in 3 weeks, extended to say the least, could have been bot post-attack just over $10, trailing PE still only 17 PRSP - B1 CAH - handle forming ANSS - cup completed and back to a six week pre-attack base SWWC - one week handle on the cup, low priced utility SAFM - B5+, chicken producer CRFT - recovered to above pre-attack base CYTC - B1 BDX - B1+ EPIQ - may be consolidating its 40% gains in the past three weeks XRAY - B1 JNJ - consolidation along the $55 line, including a gap up pre-attack MIMS - cup complete, forming high handle?, volume on right side of cup low STJ - one week handle on the cup Happy Hunting, now that "M" says to buy God Bless America, and its integral strength, Tom Worley stkguru@netside.net AIM: TexWorley - ------=_NextPart_000_0002_01C14F26.1D776500 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Tom,
    Great list. Just a quick question, it appears = to me that=20 AHMH, THC and CYTC (or should we use our secret decoder = rings, to=20 create new names for these companies) are forming handles, you = listed them=20 as B1, what am I missing?
 
Thanks
Charlie
 
-----Original Message-----
From:=20 owner-canslim@lists.xmission.com=20 [mailto:owner-canslim@lists.xmission.com]On Behalf Of Tom=20 Worley
Sent: Sunday, October 07, 2001 3:01 AM
To:=20 CANSLIM
Subject: [CANSLIM] Worley's Weekend=20 Weeview

Thanks for all the comments on the legal letter = from DGO, I=20 got a few laughs, put things in perspective, now it's time to get back = to=20 CANSLIM. I will continue to use stock symbols, even if DGO calls them=20 abbreviations and claims they have the copyright. I was calling them = stock=20 symbols long before DG/DGO/ID/IBD even existed, so I have the = right.
ON "M"
We have now had two quality and strong follow thru days in the = past week.=20 In both cases, they met all requirements, and were on multiple indexes = as=20 well. Both were better FT days than I can recall seeing in nearly two = years.=20 All indexes are now above their September lows, some above their April = lows,=20 and NYSE Financial substantially above the April low. Volume has = remained=20 above average on most of the up days, and generally light on the down = days,=20 giving back very little of the overall gains. For the week, DOW 30 and = S&P500 gained about 3% and NASDAQ gained over 7%. I was surprised = to see=20 the Russell 2000 only gained 2.5% as my VR fund, entirely comprised of = small=20 and micro caps, gained over 10%. But I must admit it also made me feel = good to=20 beat this particular index so solidly. I see a number of other small = cap funds=20 (real ones, that is) that have done poorly this year. I am not sure = why, so=20 there may be a message there for me and other lovers of small caps. = Their time=20 may be passing as the market recovers and refocuses on mid to large = cap stocks=20 once again.
ON ECONOMICS
Prior to the cowardly attacks on September 11, the economy was = showing=20 some signs of recovery. Consumer spending was increasing, as was = consumer=20 debt. NAPM numbers, while still contracting, were doing so at a much = slower=20 pace. There was strong evidence that the inventory reductions needed = were=20 nearing an end. September sales on autos remains strong, altho in part = due the=20 availability of interest free loans from the dealers. Housing starts = and sales=20 appear to have weakened a little, but are still strong historically. = And the=20 Feds have cut a full percent off rates, altho it's not being reflected = in=20 mortgage rates to the same extent. Fuel prices, after an initial = spike, have=20 fallen further and appear to be stabilizing. The dollar weakened, but = not as=20 dramatically as was feared. Inflation still is not an issue. The = difficulty=20 now lies in assessing where we are, and where we are going, since the = attacks.=20 A lot of the data is either prior 9/11, or is diluted by data since = then. It=20 will take several months before we can fully assess the impact on the = economy.=20 The President is meanwhile pushing an economic stimulus package which, = along=20 with increased Defense spending, could provide short term improvement. = Some=20 economists were operating these past several weeks out of temporary = sites, and=20 lacking all their historical data which was lost in the attack. It = will take=20 time for them to reconstruct that information. Unemployment continues = to rise,=20 and likely still does not fully reflect the damage done to corporate = America=20 by the attacks. Yet this economy is not dead, it's recovery may have = been=20 delayed, but it will happen.
WORLEY'S WATCHLIST WANNABES (from blended = sources)
 
Overall, I had substantially more candidates to consider this = week than=20 last as the markets began to recover. These are the ones I think are = worth=20 watching.
 
Bx means a flat line "B"ase of "x" weeks, IMO. Because of the new = strength in "M", I will include one week bases.
 
PFFB - one week handle on the cup
AHMH - B1
AROW - shallow cup formed, one week handle
DORL - B1 handle on the cup
ADVP - cup completed
GG - B3, gold mining company
APOL - double bottom, cup??, approaching the pivot
GTY - B2
RYAN - cup completed, possible evidence of consumer spending post = attack?
HRB - resuming its LLUR pattern
FCN - LLUR
PORT - did the left side of the cup pre-attack, right side = post-attack,=20 pretty impressive for a bank
WTFC - double bottom
FSNM - B4+
THC - B1+
MYL - cup completed, forming handle
RCGI - B3
ATPX - just had to mention this one, jumped another 4 bucks = Friday, my=20 big winner in my VR fund, up 94% now in 3 weeks, extended to say the = least,=20 could have been bot post-attack just over $10, trailing PE still only = 17
PRSP - B1
CAH - handle forming
ANSS - cup completed and back to a six week pre-attack base
SWWC - one week handle on the cup, low priced utility
SAFM - B5+, chicken producer
CRFT - recovered to above pre-attack base
CYTC - B1
BDX - B1+
EPIQ - may be consolidating its 40% gains in the past three = weeks
XRAY - B1
JNJ - consolidation along the $55 line, including a gap up=20 pre-attack
MIMS - cup complete, forming high handle?, volume on right side = of cup=20 low
STJ - one week handle on the cup
 
Happy Hunting, now that "M" says to = buy
 
God Bless America, and its integral = strength,
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
- ------=_NextPart_000_0002_01C14F26.1D776500-- - - - -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, 7 Oct 2001 12:47:40 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] Worley's Weekend Weeview This is a multi-part message in MIME format. - ------=_NextPart_000_0030_01C14F2E.40B9E8A0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable It's not names that are copyrighted, it's abbreviations, Charlie!!! = Rotate your secret decoder ring two clicks to the left! I didn't see a cup on these, hence I called it a simple B1. FWIW, I just finished entering 13 sell orders on my VR fund, the dogs = that have shown no sign of recovery are heading to the kennels. I want = to be in a strong cash position for next week. Only buy orders I entered = are on my top performers. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Charles Cangialosi=20 To: canslim@lists.xmission.com=20 Sent: Sunday, October 07, 2001 2:49 PM Subject: RE: [CANSLIM] Worley's Weekend Weeview Tom, Great list. Just a quick question, it appears to me that AHMH, THC = and CYTC (or should we use our secret decoder rings, to create new names = for these companies) are forming handles, you listed them as B1, what am = I missing? =20 Thanks Charlie =20 -----Original Message----- From: owner-canslim@lists.xmission.com = [mailto:owner-canslim@lists.xmission.com]On Behalf Of Tom Worley Sent: Sunday, October 07, 2001 3:01 AM To: CANSLIM Subject: [CANSLIM] Worley's Weekend Weeview Thanks for all the comments on the legal letter from DGO, I got a = few laughs, put things in perspective, now it's time to get back to = CANSLIM. I will continue to use stock symbols, even if DGO calls them = abbreviations and claims they have the copyright. I was calling them = stock symbols long before DG/DGO/ID/IBD even existed, so I have the = right. - -------------------------------------------------------------------------= - --- ON "M" We have now had two quality and strong follow thru days in the past = week. In both cases, they met all requirements, and were on multiple = indexes as well. Both were better FT days than I can recall seeing in = nearly two years. All indexes are now above their September lows, some = above their April lows, and NYSE Financial substantially above the April = low. Volume has remained above average on most of the up days, and = generally light on the down days, giving back very little of the overall = gains. For the week, DOW 30 and S&P500 gained about 3% and NASDAQ gained = over 7%. I was surprised to see the Russell 2000 only gained 2.5% as my = VR fund, entirely comprised of small and micro caps, gained over 10%. = But I must admit it also made me feel good to beat this particular index = so solidly. I see a number of other small cap funds (real ones, that is) = that have done poorly this year. I am not sure why, so there may be a = message there for me and other lovers of small caps. Their time may be = passing as the market recovers and refocuses on mid to large cap stocks = once again. - -------------------------------------------------------------------------= - --- ON ECONOMICS Prior to the cowardly attacks on September 11, the economy was = showing some signs of recovery. Consumer spending was increasing, as was = consumer debt. NAPM numbers, while still contracting, were doing so at a = much slower pace. There was strong evidence that the inventory = reductions needed were nearing an end. September sales on autos remains = strong, altho in part due the availability of interest free loans from = the dealers. Housing starts and sales appear to have weakened a little, = but are still strong historically. And the Feds have cut a full percent = off rates, altho it's not being reflected in mortgage rates to the same = extent. Fuel prices, after an initial spike, have fallen further and = appear to be stabilizing. The dollar weakened, but not as dramatically = as was feared. Inflation still is not an issue. The difficulty now lies = in assessing where we are, and where we are going, since the attacks. A = lot of the data is either prior 9/11, or is diluted by data since then. = It will take several months before we can fully assess the impact on the = economy. The President is meanwhile pushing an economic stimulus package = which, along with increased Defense spending, could provide short term = improvement. Some economists were operating these past several weeks out = of temporary sites, and lacking all their historical data which was lost = in the attack. It will take time for them to reconstruct that = information. Unemployment continues to rise, and likely still does not = fully reflect the damage done to corporate America by the attacks. Yet = this economy is not dead, it's recovery may have been delayed, but it = will happen. - -------------------------------------------------------------------------= - --- WORLEY'S WATCHLIST WANNABES (from blended sources) Overall, I had substantially more candidates to consider this week = than last as the markets began to recover. These are the ones I think = are worth watching. Bx means a flat line "B"ase of "x" weeks, IMO. Because of the new = strength in "M", I will include one week bases. PFFB - one week handle on the cup AHMH - B1 AROW - shallow cup formed, one week handle DORL - B1 handle on the cup ADVP - cup completed GG - B3, gold mining company APOL - double bottom, cup??, approaching the pivot GTY - B2 RYAN - cup completed, possible evidence of consumer spending post = attack? HRB - resuming its LLUR pattern FCN - LLUR PORT - did the left side of the cup pre-attack, right side = post-attack, pretty impressive for a bank WTFC - double bottom FSNM - B4+ THC - B1+ MYL - cup completed, forming handle RCGI - B3 ATPX - just had to mention this one, jumped another 4 bucks Friday, = my big winner in my VR fund, up 94% now in 3 weeks, extended to say the = least, could have been bot post-attack just over $10, trailing PE still = only 17 PRSP - B1 CAH - handle forming ANSS - cup completed and back to a six week pre-attack base SWWC - one week handle on the cup, low priced utility SAFM - B5+, chicken producer CRFT - recovered to above pre-attack base CYTC - B1 BDX - B1+ EPIQ - may be consolidating its 40% gains in the past three weeks XRAY - B1 JNJ - consolidation along the $55 line, including a gap up = pre-attack MIMS - cup complete, forming high handle?, volume on right side of = cup low STJ - one week handle on the cup Happy Hunting, now that "M" says to buy God Bless America, and its integral strength, Tom Worley stkguru@netside.net AIM: TexWorley - ------=_NextPart_000_0030_01C14F2E.40B9E8A0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
It's not names that are copyrighted, it's = abbreviations,=20 Charlie!!! Rotate your secret decoder ring two clicks to the = left!
 
I didn't see a cup on these, hence I called it a = simple=20 B1.
 
FWIW, I just finished entering 13 sell orders on my = VR fund,=20 the dogs that have shown no sign of recovery are heading to the kennels. = I want=20 to be in a strong cash position for next week. Only buy orders I entered = are on=20 my top performers.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Charles=20 Cangialosi
To: canslim@lists.xmission.com =
Sent: Sunday, October 07, 2001 = 2:49=20 PM
Subject: RE: [CANSLIM] Worley's = Weekend=20 Weeview

Tom,
    Great list. Just a quick question, it appears to = me that=20 AHMH, THC and CYTC (or should we use our secret decoder = rings,=20 to create new names for these companies) are forming handles, you = listed=20 them as B1, what am I missing?
 
Thanks
Charlie
 
-----Original Message-----
From: owner-canslim@lists.xmis= sion.com=20 [mailto:owner-canslim@lis= ts.xmission.com]On=20 Behalf Of Tom Worley
Sent: Sunday, October 07, 2001 = 3:01=20 AM
To: CANSLIM
Subject: [CANSLIM] Worley's = Weekend=20 Weeview

Thanks for all the comments on the legal letter = from DGO,=20 I got a few laughs, put things in perspective, now it's time to get = back to=20 CANSLIM. I will continue to use stock symbols, even if DGO calls = them=20 abbreviations and claims they have the copyright. I was calling them = stock=20 symbols long before DG/DGO/ID/IBD even existed, so I have the = right.
ON "M"
We have now had two quality and strong follow thru days in the = past=20 week. In both cases, they met all requirements, and were on multiple = indexes=20 as well. Both were better FT days than I can recall seeing in nearly = two=20 years. All indexes are now above their September lows, some above = their=20 April lows, and NYSE Financial substantially above the April low. = Volume has=20 remained above average on most of the up days, and generally light = on the=20 down days, giving back very little of the overall gains. For the = week, DOW=20 30 and S&P500 gained about 3% and NASDAQ gained over 7%. I was = surprised=20 to see the Russell 2000 only gained 2.5% as my VR fund, entirely = comprised=20 of small and micro caps, gained over 10%. But I must admit it also = made me=20 feel good to beat this particular index so solidly. I see a number = of other=20 small cap funds (real ones, that is) that have done poorly this = year. I am=20 not sure why, so there may be a message there for me and other = lovers of=20 small caps. Their time may be passing as the market recovers and = refocuses=20 on mid to large cap stocks once again.
ON ECONOMICS
Prior to the cowardly attacks on September 11, the economy was = showing=20 some signs of recovery. Consumer spending was increasing, as was = consumer=20 debt. NAPM numbers, while still contracting, were doing so at a much = slower=20 pace. There was strong evidence that the inventory reductions needed = were=20 nearing an end. September sales on autos remains strong, altho in = part due=20 the availability of interest free loans from the dealers. Housing = starts and=20 sales appear to have weakened a little, but are still strong = historically.=20 And the Feds have cut a full percent off rates, altho it's not being = reflected in mortgage rates to the same extent. Fuel prices, after = an=20 initial spike, have fallen further and appear to be stabilizing. The = dollar=20 weakened, but not as dramatically as was feared. Inflation still is = not an=20 issue. The difficulty now lies in assessing where we are, and where = we are=20 going, since the attacks. A lot of the data is either prior 9/11, or = is=20 diluted by data since then. It will take several months before we = can fully=20 assess the impact on the economy. The President is meanwhile pushing = an=20 economic stimulus package which, along with increased Defense = spending,=20 could provide short term improvement. Some economists were operating = these=20 past several weeks out of temporary sites, and lacking all their = historical=20 data which was lost in the attack. It will take time for them to = reconstruct=20 that information. Unemployment continues to rise, and likely still = does not=20 fully reflect the damage done to corporate America by the attacks. = Yet this=20 economy is not dead, it's recovery may have been delayed, but it = will=20 happen.
WORLEY'S WATCHLIST WANNABES (from blended=20 sources)
 
Overall, I had substantially more candidates to consider this = week than=20 last as the markets began to recover. These are the ones I think are = worth=20 watching.
 
Bx means a flat line "B"ase of "x" weeks, IMO. Because of the = new=20 strength in "M", I will include one week bases.
 
PFFB - one week handle on the cup
AHMH - B1
AROW - shallow cup formed, one week handle
DORL - B1 handle on the cup
ADVP - cup completed
GG - B3, gold mining company
APOL - double bottom, cup??, approaching the pivot
GTY - B2
RYAN - cup completed, possible evidence of consumer spending = post=20 attack?
HRB - resuming its LLUR pattern
FCN - LLUR
PORT - did the left side of the cup pre-attack, right side = post-attack,=20 pretty impressive for a bank
WTFC - double bottom
FSNM - B4+
THC - B1+
MYL - cup completed, forming handle
RCGI - B3
ATPX - just had to mention this one, jumped another 4 bucks = Friday, my=20 big winner in my VR fund, up 94% now in 3 weeks, extended to say the = least,=20 could have been bot post-attack just over $10, trailing PE still = only=20 17
PRSP - B1
CAH - handle forming
ANSS - cup completed and back to a six week pre-attack = base
SWWC - one week handle on the cup, low priced utility
SAFM - B5+, chicken producer
CRFT - recovered to above pre-attack base
CYTC - B1
BDX - B1+
EPIQ - may be consolidating its 40% gains in the past three = weeks
XRAY - B1
JNJ - consolidation along the $55 line, including a gap up=20 pre-attack
MIMS - cup complete, forming high handle?, volume on right side = of cup=20 low
STJ - one week handle on the cup
 
Happy Hunting, now that "M" says to = buy
 
God Bless America, and its integral = strength,
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
- ------=_NextPart_000_0030_01C14F2E.40B9E8A0-- - - - -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: 7 Oct 2001 10:20:39 -0700 From: "Tim Fisher" Subject: Re: [CANSLIM] OT: Discontinuance of my posting DGO Data Heck, what about 3M? At 03:40 AM 10/7/2001 -0400, you wrote: >But what would I do then if Chrysler or Dupont should make the list? > >Tom Worley >stkguru@netside.net >AIM: TexWorley 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: 7 Oct 2001 10:55:15 -0700 From: "Tim Fisher" Subject: Re: [CANSLIM] Worley's Weekend Weeview Now that the big bad buttholes at IBD won't allow Tom to post his Excel data, I wanted to remind the list of a technique in Excel I outlined before for someone else's metascan list (was it Dan's?). Copy the part of the message with the stock symbols and comments and paste into a new worksheet (depending on your mail program you may have to do a "edit...paste special...text" in Excel). Highlight the cells and do "tools...text to columns", select the "delimited" box, and enter a minus sign (-) as the delimiter under "other". Then hit Next and Finish, and you will have a column of stock symbols and a column of comments. You can then copy and paste the symbols into Clearstation, Yahoo, etc. Of course this only holds as long as Tom continues to use the minus sign after each symbol (oops I mean copyrighted IBD "abbreviation"). Hey, better inform the NYSE and NASDAQ of their copyright infringements, IBD! (does IBD stand for Investors Business Daily or Irritable Bowel Disorder? Inquiring minds want to know...) At 06:00 AM 10/7/2001 -0400, you wrote: >Thanks for all the comments on the legal letter from DGO, I got a few >laughs, put things in perspective, now it's time to get back to CANSLIM. I >will continue to use stock symbols, even if DGO calls them abbreviations >and claims they have the copyright. I was calling them stock symbols long >before DG/DGO/ID/IBD even existed, so I have the right. > >---------- >ON "M" >We have now had two quality and strong follow thru days in the past week. >In both cases, they met all requirements, and were on multiple indexes as >well. Both were better FT days than I can recall seeing in nearly two >years. All indexes are now above their September lows, some above their >April lows, and NYSE Financial substantially above the April low. Volume >has remained above average on most of the up days, and generally light on >the down days, giving back very little of the overall gains. For the week, >DOW 30 and S&P500 gained about 3% and NASDAQ gained over 7%. I was >surprised to see the Russell 2000 only gained 2.5% as my VR fund, entirely >comprised of small and micro caps, gained over 10%. But I must admit it >also made me feel good to beat this particular index so solidly. I see a >number of other small cap funds (real ones, that is) that have done poorly >this year. I am not sure why, so there may be a message there for me and >other lovers of small caps. Their time may be passing as the market >recovers and refocuses on mid to large cap stocks once again. > >---------- >ON ECONOMICS >Prior to the cowardly attacks on September 11, the economy was showing >some signs of recovery. Consumer spending was increasing, as was consumer >debt. NAPM numbers, while still contracting, were doing so at a much >slower pace. There was strong evidence that the inventory reductions >needed were nearing an end. September sales on autos remains strong, altho >in part due the availability of interest free loans from the dealers. >Housing starts and sales appear to have weakened a little, but are still >strong historically. And the Feds have cut a full percent off rates, altho >it's not being reflected in mortgage rates to the same extent. Fuel >prices, after an initial spike, have fallen further and appear to be >stabilizing. The dollar weakened, but not as dramatically as was feared. >Inflation still is not an issue. The difficulty now lies in assessing >where we are, and where we are going, since the attacks. A lot of the data >is either prior 9/11, or is diluted by data since then. It will take >several months before we can fully assess the impact on the economy. The >President is meanwhile pushing an economic stimulus package which, along >with increased Defense spending, could provide short term improvement. >Some economists were operating these past several weeks out of temporary >sites, and lacking all their historical data which was lost in the attack. >It will take time for them to reconstruct that information. Unemployment >continues to rise, and likely still does not fully reflect the damage done >to corporate America by the attacks. Yet this economy is not dead, it's >recovery may have been delayed, but it will happen. > >---------- >WORLEY'S WATCHLIST WANNABES (from blended sources) > >Overall, I had substantially more candidates to consider this week than >last as the markets began to recover. These are the ones I think are worth >watching. > >Bx means a flat line "B"ase of "x" weeks, IMO. Because of the new strength >in "M", I will include one week bases. > >PFFB - one week handle on the cup >AHMH - B1 >AROW - shallow cup formed, one week handle >DORL - B1 handle on the cup >ADVP - cup completed >GG - B3, gold mining company >APOL - double bottom, cup??, approaching the pivot >GTY - B2 >RYAN - cup completed, possible evidence of consumer spending post attack? >HRB - resuming its LLUR pattern >FCN - LLUR >PORT - did the left side of the cup pre-attack, right side post-attack, >pretty impressive for a bank >WTFC - double bottom >FSNM - B4+ >THC - B1+ >MYL - cup completed, forming handle >RCGI - B3 >ATPX - just had to mention this one, jumped another 4 bucks Friday, my big >winner in my VR fund, up 94% now in 3 weeks, extended to say the least, >could have been bot post-attack just over $10, trailing PE still only 17 >PRSP - B1 >CAH - handle forming >ANSS - cup completed and back to a six week pre-attack base >SWWC - one week handle on the cup, low priced utility >SAFM - B5+, chicken producer >CRFT - recovered to above pre-attack base >CYTC - B1 >BDX - B1+ >EPIQ - may be consolidating its 40% gains in the past three weeks >XRAY - B1 >JNJ - consolidation along the $55 line, including a gap up pre-attack >MIMS - cup complete, forming high handle?, volume on right side of cup low >STJ - one week handle on the cup > >Happy Hunting, now that "M" says to buy > >God Bless America, and its integral strength, > >Tom Worley >stkguru@netside.net >AIM: TexWorley 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". 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