From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #1753 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 Friday, October 26 2001 Volume 02 : Number 1753 In this issue: Re: [CANSLIM] Flaws in ADVP [CANSLIM] DFXI Re: [CANSLIM] DFXI [none] Re: AW: [CANSLIM] Flaws in ADVP Re: AW: AW: [CANSLIM] Flaws in ADVP [CANSLIM]Today's investors corner Re: [CANSLIM] DFXI Re: [CANSLIM]Today's investors corner [CANSLIM] intro RE: [CANSLIM] TARO RE: [CANSLIM] TARO [CANSLIM] M Re: [CANSLIM] intro RE: AW: [CANSLIM] Flaws in ADVP [CANSLIM] 10 trades Re: [CANSLIM] intro ---------------------------------------------------------------------- Date: Thu, 25 Oct 2001 14:56:50 -0700 From: "Ian" Subject: Re: [CANSLIM] Flaws in ADVP What a load of crap. Every single great trader has made their money following the big trends. The only time they need to be 'contrarian' is at the inflection points, as positions are entered/exited. But that just gets them into the game - the money is made along the trendline. Ian - ----- Original Message ----- From: Peter Christiansen To: Sent: Wednesday, October 24, 2001 6:32 PM Subject: [CANSLIM] Flaws in ADVP > Anyone watch The Traders on webfn.com last Thursday (you can also watch the > archive)? Goran Yordanoff was talking about the distribution and insider > selling he had been seeing in ADVP over the last two weeks. He started > selling it short the week before the breakout. On the day of the breakout, > even though he was frightened, he doubled up on his short position. He > said if you are going to be a professional, you have to take a contrarian > viewpoint. He said the trend followers, are amateur traders. I would > guess that includes canslimers. > > Any thoughts? Anyone else see anything wrong with ADVP at the time of the > breakout? I didn't buy it, but thought the breakout looked pretty decent. > > Peter > > "The crowd has never thirsted for the truth" - Gustave LeBon > > > - > -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: Thu, 25 Oct 2001 23:50:46 +0200 From: Andreas Himmelreich Subject: [CANSLIM] DFXI How do you like it? EPS 99 + RS 80 (my favorite combination) PE 16 (since it is a criteria for me, nice too) ROI 56% CWH? (bit short, handle one shakeout with high volume, volumne dried the last two days ...) - - - -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: Thu, 25 Oct 2001 17:58:59 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] DFXI This is a multi-part message in MIME format. - ------=_NextPart_000_014C_01C15D7E.B9104C00 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Guten Abend, Andreas, 9.9 days short interest, up 29%. If they're right, you get hurt, if = they're wrong, adds a lot of buying power short term. Go to bed, it's nearly Friday there! Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Andreas Himmelreich=20 To: canslim@lists.xmission.com=20 Sent: Thursday, October 25, 2001 5:50 PM Subject: [CANSLIM] DFXI How do you like it? EPS 99 + RS 80 (my favorite combination) PE 16 (since it is a criteria for me, nice too) ROI 56% CWH? (bit short, handle one shakeout with high volume, volumne dried = the last two days ...) - -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_014C_01C15D7E.B9104C00 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Guten Abend, Andreas,
 
9.9 days short interest, up 29%. If they're right, = you get=20 hurt, if they're wrong, adds a lot of buying power short = term.
 
Go to bed, it's nearly Friday there!
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Andreas = Himmelreich
To: canslim@lists.xmission.com =
Sent: Thursday, October 25, = 2001 5:50=20 PM
Subject: [CANSLIM] DFXI

How do you like it?

EPS 99 + RS 80  (my = favorite=20 combination)
PE 16 (since it is a criteria for me, nice too)
ROI = 56%

CWH? (bit short, handle one shakeout with high volume, = volumne=20 dried the last two days ...)



-
-To = subscribe/unsubscribe,=20 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_014C_01C15D7E.B9104C00-- - - - -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: Thu, 25 Oct 2001 17:36:39 -0600 From: jeff.salisbury@xmission.com Subject: [none] (5.5.2653.19) id ; Thu, 25 Oct 2001 15:07:52 -0500 Message-ID: <925803A107876B4F9CAB972B2D17E19F083DAC@nps1_exch.clayton.forevernetwork.com> From: Dave Wulf To: "'canslim@lists.xmission.com'" Subject: RE: [CANSLIM] Cbt-why fall Date: Thu, 25 Oct 2001 15:07:50 -0500 MIME-Version: 1.0 X-Mailer: Internet Mail Service (5.5.2653.19) Content-Type: text/plain More motivated sellers (less motivated buyers?)....numbers of which have to be equal to buyers. Dave. > ---------- > From: Tom Worley[SMTP:stkguru@netside.net] > Reply To: canslim@lists.xmission.com > Sent: Thursday, October 25, 2001 2:20 PM > To: canslim@lists.xmission.com > Subject: Re: [CANSLIM] Cbt-why fall > > simple answer is more sellers than buyers > > I checked cnnfn, and it says BT Alex Brown cut its ratings on it. > > Tom Worley > stkguru@netside.net > AIM: TexWorley > > > ----- Original Message ----- > From: BIKEAR@aol.com > To: canslim@lists.xmission.com > Sent: Thursday, October 25, 2001 2:51 PM > Subject: Re: [CANSLIM] Cbt-why fall > > why did this stock fall today? cbt > > - - - -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: Thu, 25 Oct 2001 17:55:15 -0600 From: esetser Subject: Re: AW: [CANSLIM] Flaws in ADVP Yes, I do see a 6 week cup and handle. I also saw it mentioned in IBD, and went back and looked to see why it didn't make my list. Ah yes, 6 weeks. Since WON defines a cup with handle base as 7-8 weeks minimum, I never added this one to my watch list. Even at 7-8, he says longer bases are less failure prone, so I steer clear of anything shorter than 7 weeks for cup bases, and I like to see the cup portion 7 weeks with the handle somewhere after that. At 06:21 PM 10/25/01 +0700, you wrote: >You don't see a six week cup and handle starting on 8/31? I do. Volume >dried up nicely in the handle as well. I think the breakout was mentioned >in IBD too. Specifically, what do you see wrong with the pattern? > >While I believe it is a good idea to look at insider buying and selling >(placing weight on buying), I don't believe it was ever mentioned by WON as >a CANSLIM criteria. If it was, I sure can't find it in the book. > >Peter > >At 12:07 PM 10/25/2001 +0200, Andreas Himmelreich wrote: >>Well the thing is, there might be some contrarians out there who make >>money, but like value investors there are not >>that many who really make money. >> >>Its much more easy to go with the trend ... Lets face it: ADVP was not >>really a good breakout, I can not see a pattern ... >> >>And: checking insider behaiviour is part of Canslim (since it is a critera >>to buy it in the first place, you want to also check >>how the insiders behaive ...) >> >> > -----Ursprungliche Nachricht----- >> > Von: Peter Christiansen [SMTP:peterc@loxinfo.co.th] >> > Gesendet am: Thursday, October 25, 2001 3:32 AM >> > An: canslim@lists.xmission.com >> > Betreff: [CANSLIM] Flaws in ADVP >> > >> > Anyone watch The Traders on webfn.com last Thursday (you can also watch >> the >> > archive)? Goran Yordanoff was talking about the distribution and insider >> > selling he had been seeing in ADVP over the last two weeks. He started >> > selling it short the week before the breakout. On the day of the >> breakout, >> > even though he was frightened, he doubled up on his short position. He >> > said if you are going to be a professional, you have to take a contrarian >> > viewpoint. He said the trend followers, are amateur traders. I would >> > guess that includes canslimers. >> > >> > Any thoughts? Anyone else see anything wrong with ADVP at the time of the >> > breakout? I didn't buy it, but thought the breakout looked pretty decent. >> > >> > Peter >> > >> > "The crowd has never thirsted for the truth" - Gustave LeBon >> > >> > >> > - >> > -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. > >"The crowd has never thirsted for the truth" - Gustave LeBon > > >- >-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: Thu, 25 Oct 2001 17:58:31 -0600 From: esetser Subject: Re: AW: AW: [CANSLIM] Flaws in ADVP Yes, 5 weeks is the minimum, but this applies for flat base patterns only, all others should be 7-8 minimum. At 08:26 PM 10/25/01 +0700, you wrote: >I wouldn't call it a wedging handle, but a shakeout would have been nice. > >Agree, the longer the better, concerning bases. I think WON has said they >can be as short as 5 weeks. I believe I heard this at one of his advanced >investment workshops. > >Peter > >At 03:19 PM 10/25/2001 +0200, you wrote: >>Pattern: >> >>Now I can see the pattern you are refering to. >>I think it is to short (6 weeks) and the handle has no shakeout nor a >>downtrend (actually the handle has an uptrend). >> >>"A proper cup with handle must take at least seven or eight weeks ... >>Otherwise, it may be unsound and fail after its breakout. Some bases may >>actually be three, six or as many as fifteen months in duration .... >>Handles can be a short (one or two weeks), or a number of weeks long, and >>need to drift downward along their price lows or have a shakeout (break >>below a prior week's low in the handle" 24 Lessons ... Page 47" >> >>The word "least" in my point: My interpretation is, that the longer a base >>the better. >> >>Insider: >> >>I can not find it in the books, but the following link might have leaded me >>to this conclusion (which might not be right) >> >>http://ideas.money.iwon.com/stocks/guruanalysisdetailed.asp?ticker=ADVP& >>gurupage=oneil#anchor15 >> >>INSIDER OWNERSHIP: [PASS] >> >>Companies with the best prospects have strong insider ownership, which we >>define as 15% or more. When there is strong insider ownership, management >>is more likely to act in the best interest of the company, as their >>interests are right in line with that of the shareholders. Insiders own >>28.00% of ADVP's stock. Management's representation is large enough and >>passes this test. >> >>The actuall insider selling number for ADVP is: 2,812,287 Shares (in the >>latest month reported to the sec). >> > > >- >-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: Thu, 25 Oct 2001 19:10:01 -0500 From: "Dempsey, Chris" Subject: [CANSLIM]Today's investors corner This message is in MIME format. Since your mail reader does not understand this format, some or all of this message may not be legible. - ------_=_NextPart_001_01C15DB2.8E56CE60 Content-Type: text/plain; charset="iso-8859-1" Today's investors corner (10/25/01) talks about sometimes having to buy the same stock a second or third time before it takes off. Very interesting read. I don't believe WON ever covered this in his books. - ------_=_NextPart_001_01C15DB2.8E56CE60 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable [CANSLIM]Today's investors corner

Today's investors corner (10/25/01) = talks about sometimes having to buy the same stock a second or third = time before it takes off.

Very interesting read. I don't believe = WON ever covered this in his books.

- ------_=_NextPart_001_01C15DB2.8E56CE60-- - - - -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: Thu, 25 Oct 2001 18:09:08 -0600 From: esetser Subject: Re: [CANSLIM] DFXI I would put this one in the "cup too low" category we have been discussing. It is around the midpoint of 25.13, but I would put it at the absolute minimum. The real issue here is the stock has to gain another 21% from the pivot point to reach a new high, and this is significant overhead resistance fighting any advance. At 11:50 PM 10/25/01 +0200, you wrote: >How do you like it? > >EPS 99 + RS 80 (my favorite combination) >PE 16 (since it is a criteria for me, nice too) >ROI 56% > >CWH? (bit short, handle one shakeout with high volume, volumne dried the last two days ...) > > > >- >-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: Thu, 25 Oct 2001 20:44:46 -0400 From: "Dan Forant" Subject: Re: [CANSLIM]Today's investors corner This is a multi-part message in MIME format. - ------=_NextPart_000_0035_01C15D95.E2457E80 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable [CANSLIM]Today's investors cornerYes, Canslim can be as confusing as = rocket science. More trouble than it's worth in a bad market. The system = can't work well for most in this whipsaw market. Bought an IBD paper = today. The new format looks good to me. The yellow highlighted stocks = are a nice touch.=20 DanF ----- Original Message -----=20 From: Dempsey, Chris=20 To: canslim@lists.xmission.com=20 Sent: Thursday, October 25, 2001 8:10 PM Subject: [CANSLIM]Today's investors corner Today's investors corner (10/25/01) talks about sometimes having to = buy the same stock a second or third time before it takes off. Very interesting read. I don't believe WON ever covered this in his = books.=20 - ------=_NextPart_000_0035_01C15D95.E2457E80 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable [CANSLIM]Today's investors corner
Yes, Canslim can be as confusing as = rocket science.=20 More trouble than it's worth in a bad market. The system can't work well = for=20 most in this whipsaw market. Bought an IBD paper today. The new format = looks=20 good to me. The yellow highlighted stocks are a nice touch. =
 
DanF
----- Original Message -----
From:=20 Dempsey, Chris =
Sent: Thursday, October 25, = 2001 8:10=20 PM
Subject: [CANSLIM]Today's = investors=20 corner

Today's investors corner (10/25/01) = talks about=20 sometimes having to buy the same stock a second or third time before = it takes=20 off.

Very interesting read. I don't believe = WON ever=20 covered this in his books.

- ------=_NextPart_000_0035_01C15D95.E2457E80-- - - - -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: Thu, 25 Oct 2001 20:39:54 -0700 From: walter hish Subject: [CANSLIM] intro Hi All My name is Walter Hish. I've been here a while trying to put things in order. I started investing about 3 years ago and it didn't take long to notice the stocks I bought grew slower than the grass in my yard. So from there I was off to the bookstore. I found IBD about 2 years ago and still subscribe. I started with DGO this year and cannot put a price on what that service is worth since I would be wasting my time trying to duplicate it. I am a small General Contractor in northeast Pa. with enough free time to make this new effort worthwhile. A few years back I decided to quite growing my company and try my hand at investing after the gray hair showed up. Thanks to all for the variety of content in your advice over the past months. With hard earned money involved a lot of people here take investing serious and I think I'm in good company. With all there is to know about successful investing and taking into consideration the few books I've read, the one answer I cannot find is why the world stock markets seem to move in unison. Just to big to be a co-incidence. Can anyone recommend a book to read to explain this mass movement of money. For what it's worth, I want to thank Jeff for changing from the digest to the threaded version. It's so much easier to read. Thank you, Walter - - - -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: Thu, 25 Oct 2001 22:07:37 -0500 From: "Hill, Ernie" Subject: RE: [CANSLIM] TARO This message is in MIME format. Since your mail reader does not understand this format, some or all of this message may not be legible. - ------_=_NextPart_001_01C15DCB.5DA3BA80 Content-Type: text/plain Picked up TARO today at 42.43 as it moved thru my pivot point on almost 1.5x ADV E - -----Original Message----- From: Hill, Ernie Sent: Wednesday, October 24, 2001 7:58 AM To: 'canslim@lists.xmission.com' Subject: RE: [CANSLIM] TARO I am calling the pivot 42.30. Gann lines are not part of CANSLIM, rather they are they are resistance and support levels projected out into the future by the squaring of price and time. They are from the work done by W.D. Gann a legendary trader of the markets. I find that they help me make trades with lower risk and greater opportunity. Lately my picks have done well for the first week or two only to get shot down by M afterwards. I will now be taking profits (if any) based on target prices projected from Gann line work until M proves itself to have legs. E - -----Original Message----- From: BIKEAR@aol.com [mailto:BIKEAR@aol.com] Sent: Wednesday, October 24, 2001 7:22 AM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] TARO whaT would the pivot be? plus what is the Gann line? hope to hear ****************************************************************** This email and any files transmitted with it from the ElPaso Corporation are confidential and intended solely for the use of the individual or entity to whom they are addressed. If you have received this email in error please notify the sender. ****************************************************************** ****************************************************************** This email and any files transmitted with it from the ElPaso Corporation are confidential and intended solely for the use of the individual or entity to whom they are addressed. If you have received this email in error please notify the sender. ****************************************************************** - ------_=_NextPart_001_01C15DCB.5DA3BA80 Content-Type: text/html
Picked up TARO today at 42.43 as it moved thru my pivot point on almost 1.5x ADV
 
E
-----Original Message-----
From: Hill, Ernie
Sent: Wednesday, October 24, 2001 7:58 AM
To: 'canslim@lists.xmission.com'
Subject: RE: [CANSLIM] TARO

I am calling the pivot 42.30.
 
Gann lines are not part of CANSLIM, rather they are they are resistance and support levels projected out into the future by the squaring of price and time. They are from the work done by W.D. Gann a legendary trader of the markets. I find that they help me make trades with lower risk and greater opportunity. Lately my picks have done well for the first week or two only to get shot down by M afterwards. I will now be taking profits (if any) based on target prices projected from Gann line work until M proves itself to have legs.
 
E
-----Original Message-----
From: BIKEAR@aol.com [mailto:BIKEAR@aol.com]
Sent: Wednesday, October 24, 2001 7:22 AM
To: canslim@lists.xmission.com
Subject: Re: [CANSLIM] TARO

whaT would the pivot be? plus what is the Gann line?  hope to hear


******************************************************************
This email and any files transmitted with it from the ElPaso
Corporation are confidential and intended solely for the
use of the individual or entity to whom they are addressed.
If you have received this email in error please notify the
sender.
******************************************************************


******************************************************************
This email and any files transmitted with it from the ElPaso
Corporation are confidential and intended solely for the
use of the individual or entity to whom they are addressed.
If you have received this email in error please notify the
sender.
******************************************************************
 - ------_=_NextPart_001_01C15DCB.5DA3BA80-- - - - -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: Fri, 26 Oct 2001 10:13:44 +0700 From: Peter Christiansen Subject: RE: [CANSLIM] TARO I think I'll wait and see if it builds a higher handle.

At 10:07 PM 10/25/2001 -0500, you wrote:
Picked up TARO today at 42.43 as it moved thru my pivot point on almost 1.5x ADV
 
E
-----Original Message-----
From: Hill, Ernie
Sent: Wednesday, October 24, 2001 7:58 AM
To: 'canslim@lists.xmission.com'
Subject: RE: [CANSLIM] TARO
I am calling the pivot 42.30.
 
Gann lines are not part of CANSLIM, rather they are they are resistance and support levels projected out into the future by the squaring of price and time. They are from the work done by W.D. Gann a legendary trader of the markets. I find that they help me make trades with lower risk and greater opportunity. Lately my picks have done well for the first week or two only to get shot down by M afterwards. I will now be taking profits (if any) based on target prices projected from Gann line work until M proves itself to have legs.
 
E
-----Original Message-----
From: BIKEAR@aol.com [mailto:BIKEAR@aol.com]
Sent: Wednesday, October 24, 2001 7:22 AM
To: canslim@lists.xmission.com
Subject: Re: [CANSLIM] TARO
whaT would the pivot be? plus what is the Gann line?  hope to hear



******************************************************************
This email and any files transmitted with it from the ElPaso
Corporation are confidential and intended solely for the
use of the individual or entity to whom they are addressed.
If you have received this email in error please notify the
sender.
******************************************************************



******************************************************************
This email and any files transmitted with it from the ElPaso
Corporation are confidential and intended solely for the
use of the individual or entity to whom they are addressed.
If you have received this email in error please notify the
sender.
******************************************************************

"The crowd has never thirsted for the truth" - Gustave LeBon
- - - -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: Thu, 25 Oct 2001 22:01:07 -0600 From: "Patrick Wahl" Subject: [CANSLIM] M Whoops, for some reason I had Friday on the brain today and was thinking the next trading day was Monday, I meant 1100 will probably be taken out on Friday. - ----------------------------------------------------------------------------- Very nice recovery today from some pretty bad economic news. Durable goods orders, which Yahoo gives a B in importance, came in at -8.5% versus a forecast of -1%, a very large difference, they are usually in the ballpark on those forecasts. I noticed the S&P is again up against the 1100 level, be interesting to see if that gets taken out on Monday, I expect it will. The market's reaction to news is always considered telling in figuring out the bias of the market, I guess today's action has to be considered pretty bullish. - - - -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: Thu, 25 Oct 2001 22:11:02 -0600 From: "Patrick Wahl" Subject: Re: [CANSLIM] intro On 25 Oct 01, at 20:39, walter hish wrote: > there is to know about successful investing and taking into > consideration the few books I've read, the one answer I cannot find is > why the world stock markets seem to move in unison. Just to big to be a > co-incidence. Can anyone recommend a book to read to explain this mass > movement of money. Take a look at "Intermarket Technical Analysis" by John Murphy, he gets into foreign markets, currencies, interest rates and how the whole mess is tied together. - - - -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: Fri, 26 Oct 2001 03:40:41 -0700 From: "Charles Cangialosi" Subject: RE: AW: [CANSLIM] Flaws in ADVP Maybe this is the answer I was looking for to a general question I posted the other day. I am having a problem with the couple of weeks after Sept. 11. Many stocks look like they were forming a cup, or a V, but if you eliminate those that were not at least 7 weeks long, it really changes the picture. Someone else mentioned that in statistics (which is a foreign language to me) that extreme points often distort things. Charlie - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of esetser Sent: Thursday, October 25, 2001 4:55 PM To: canslim@lists.xmission.com Subject: Re: AW: [CANSLIM] Flaws in ADVP Yes, I do see a 6 week cup and handle. I also saw it mentioned in IBD, and went back and looked to see why it didn't make my list. Ah yes, 6 weeks. Since WON defines a cup with handle base as 7-8 weeks minimum, I never added this one to my watch list. Even at 7-8, he says longer bases are less failure prone, so I steer clear of anything shorter than 7 weeks for cup bases, and I like to see the cup portion 7 weeks with the handle somewhere after that. At 06:21 PM 10/25/01 +0700, you wrote: >You don't see a six week cup and handle starting on 8/31? I do. Volume >dried up nicely in the handle as well. I think the breakout was mentioned >in IBD too. Specifically, what do you see wrong with the pattern? > >While I believe it is a good idea to look at insider buying and selling >(placing weight on buying), I don't believe it was ever mentioned by WON as >a CANSLIM criteria. If it was, I sure can't find it in the book. > >Peter > >At 12:07 PM 10/25/2001 +0200, Andreas Himmelreich wrote: >>Well the thing is, there might be some contrarians out there who make >>money, but like value investors there are not >>that many who really make money. >> >>Its much more easy to go with the trend ... Lets face it: ADVP was not >>really a good breakout, I can not see a pattern ... >> >>And: checking insider behaiviour is part of Canslim (since it is a critera >>to buy it in the first place, you want to also check >>how the insiders behaive ...) >> >> > -----Ursprungliche Nachricht----- >> > Von: Peter Christiansen [SMTP:peterc@loxinfo.co.th] >> > Gesendet am: Thursday, October 25, 2001 3:32 AM >> > An: canslim@lists.xmission.com >> > Betreff: [CANSLIM] Flaws in ADVP >> > >> > Anyone watch The Traders on webfn.com last Thursday (you can also watch >> the >> > archive)? Goran Yordanoff was talking about the distribution and insider >> > selling he had been seeing in ADVP over the last two weeks. He started >> > selling it short the week before the breakout. On the day of the >> breakout, >> > even though he was frightened, he doubled up on his short position. He >> > said if you are going to be a professional, you have to take a contrarian >> > viewpoint. He said the trend followers, are amateur traders. I would >> > guess that includes canslimers. >> > >> > Any thoughts? Anyone else see anything wrong with ADVP at the time of the >> > breakout? I didn't buy it, but thought the breakout looked pretty decent. >> > >> > Peter >> > >> > "The crowd has never thirsted for the truth" - Gustave LeBon >> > >> > >> > - >> > -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. > >"The crowd has never thirsted for the truth" - Gustave LeBon > > >- >-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: Fri, 26 Oct 2001 04:16:42 -0700 From: "Charles Cangialosi" Subject: [CANSLIM] 10 trades A couple of weeks ago I said that I read that WON had a series of 10 trades he was stopped out of and could not find where I read it. I found it again, it is on page three of "24 Essential Lessons" 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. ------------------------------ Date: Fri, 26 Oct 2001 04:57:11 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] intro This is a multi-part message in MIME format. - ------=_NextPart_000_001D_01C15DDA.AC05CEC0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Welcome to the group, Walter. You don't mention having read HTMMIS (How To Make Money In Stocks) by Wm = O'Neil. If not, I would recommend it to you, 3rd edition is now out and = is the one you want. He also published his "24 Lessons" which is also = good reading. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: walter hish=20 To: canslim@lists.xmission.com=20 Sent: Thursday, October 25, 2001 11:39 PM Subject: [CANSLIM] intro Hi All = My name is Walter Hish. I've been here a while trying to put things in order. I started investing about 3 years ago and it = didn't take long to notice the stocks I bought grew slower than the grass in = my yard. So from there I was off to the bookstore. I found IBD about 2 years ago and still subscribe. I started with DGO this year and cannot put a price on what that service is worth since I would be wasting my time trying to duplicate it. I am a small General Contractor in northeast Pa. with enough free time to = make this new effort worthwhile. A few years back I decided to quite = growing my company and try my hand at investing after the gray hair showed up. = Thanks to all for the variety of content in your advice over the past months. With hard earned money involved a lot of people here take investing serious and I think I'm in good company. With = all there is to know about successful investing and taking into consideration the few books I've read, the one answer I cannot find is why the world stock markets seem to move in unison. Just to big to be = a co-incidence. Can anyone recommend a book to read to explain this mass movement of money. For what it's worth, I want to thank Jeff for changing from the digest to the threaded version. It's so much easier to read. Thank you, Walter - -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_001D_01C15DDA.AC05CEC0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable

Welcome to the group, Walter.
 
You don't mention having read HTMMIS (How To Make = Money In=20 Stocks) by Wm O'Neil. If not, I would recommend it to you, 3rd edition = is now=20 out and is the one you want. He also published his "24 Lessons" which is = also=20 good reading.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 walter = hish=20
To: canslim@lists.xmission.com =
Sent: Thursday, October 25, = 2001 11:39=20 PM
Subject: [CANSLIM] intro

Hi=20 = All           &nbs= p;            = ;            =             &= nbsp;           &n= bsp;     =20 My name is Walter Hish. I've been here a while trying to
put things = in=20 order. I started investing about 3 years ago and it didn't
take = long to=20 notice the stocks I bought grew slower than the grass in my
yard. = So from=20 there I was off to the bookstore. I found IBD about 2
years ago and = still=20 subscribe. I started with DGO this year and cannot
put a price on = what that=20 service is worth since I would be wasting my
time trying to=20 = duplicate
it.         &nb= sp;           &nbs= p;            = ;            =             &= nbsp;=20 I am a
small General Contractor in northeast Pa. with enough free = time to=20 make
this new effort worthwhile. A few years back I decided to = quite=20 growing
my company and try my hand at investing after the gray hair = = showed
up.          =             &= nbsp;           &n= bsp;           &nb= sp;           &nbs= p;   =20 Thanks
to all for the variety of content in your advice over the = past=20 months.
With hard earned money involved a lot of people here take=20 investing
serious and I think I'm in good=20 = company.           = ;           =20 With all
there is to know about successful investing and taking=20 into
consideration the few books I've read, the one answer I cannot = find=20 is
why the world stock markets seem to move in unison. Just to big = to be=20 a
co-incidence. Can anyone recommend a book to read to explain this = mass
movement of money.
For what it's worth, I want to thank = Jeff for=20 changing from the digest
to the threaded version. It's so much = easier=20 = to
read.          &n= bsp;          =20 Thank
you,
Walter

-
-To 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_001D_01C15DDA.AC05CEC0-- - - - -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 #1753 ****************************** 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.