From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #1814 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, November 14 2001 Volume 02 : Number 1814 In this issue: [CANSLIM] IBD WEBSITE Re: [CANSLIM] IBD WEBSITE Re: [CANSLIM] JEC Re: [CANSLIM] IBD WEBSITE Re: [CANSLIM] JEC [CANSLIM] PECS Re: [CANSLIM] Stock Quotes into Excell Re: [CANSLIM] PECS Re: [CANSLIM] PECS RE: [CANSLIM] PECS Re: [CANSLIM] PECS RE: [CANSLIM] PECS RE: [CANSLIM] LLURs + Double Bottoms [CANSLIM] IBD Investors Corner EPS ratings. [CANSLIM] BVF RE: [CANSLIM]Watchlist ---------------------------------------------------------------------- Date: Wed, 14 Nov 2001 08:04:28 -0500 From: "Jerry Sparrow" Subject: [CANSLIM] IBD WEBSITE This is a multi-part message in MIME format. - ------=_NextPart_000_0026_01C16CE2.FBEE6D40 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Is anyone else experiencing problems getting the stockscreener to work = this morning? - ------=_NextPart_000_0026_01C16CE2.FBEE6D40 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Is anyone else experiencing problems = getting the=20 stockscreener to work this morning?
- ------=_NextPart_000_0026_01C16CE2.FBEE6D40-- - - - -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, 14 Nov 2001 08:31:19 -0600 From: "Rich W" Subject: Re: [CANSLIM] IBD WEBSITE This is a multi-part message in MIME format. - ------=_NextPart_000_0082_01C16CE6.BBE96E80 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Yes, took 3 try's - ------=_NextPart_000_0082_01C16CE6.BBE96E80 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Yes, took = 3=20 try's
 
- ------=_NextPart_000_0082_01C16CE6.BBE96E80-- - - - -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, 14 Nov 2001 07:58:51 -0700 From: "Patrick Wahl" Subject: Re: [CANSLIM] JEC I think there was some agreement among the 4 views. Perry S. and my views are pretty much the same, and my alternate cup and handle view (handle forms below left side of cup) is what Tom said. On 13 Nov 01, at 22:41, Katherine Malm wrote: > Hmmm. So far 4 responses and 4 different points of view. Maybe I should put > this one under the category of "if I can't read it, it must be > consolidating." Hah. > > I appreciate your input, thanks, Patrick. > > Katherine > > ----- Original Message ----- > From: "Patrick Wahl" > To: > Sent: Tuesday, November 13, 2001 10:47 PM > Subject: Re: [CANSLIM] JEC > > > > Looks like a stock that underwent a consolidation, a basing period, > > a correction, whatever you wish to call it, of the previous uptrend, > > from about June 1 until now. I think it could also be called a Cup > > without handle, yet, unless you think it is acceptable if the handle > > forms below old highs (we had this discussion a few weeks ago, > > and now I can't remember the name of the stock), and then you > > could say that the last 3 weeks of Oct. constitute a handle. Bit of > > a choppy looking chart the last few months, but overall constructive > > looking. I can't look at the chart with my usual software right now, > > but overall the volume patterns seem good too. > > > > On 13 Nov 01, at 18:49, Katherine Malm wrote: > > > > > Would someone please give me a technical read on JEC's chart? I'm > > > having a hard time reading the action from about 5/18 to today, > > > particularly the action the last month. > > > > > > Thanks, > > > Katherine > > > kmalm@earthlink.net > > > > > > > > > > > - > > -To subscribe/unsubscribe, email "majordomo@xmission.com" > > -In the email body, write "subscribe canslim" or > > -"unsubscribe canslim". Do not use quotes in your email. > > > - > -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, 14 Nov 2001 07:02:40 -0800 From: "Perry Stanfield" Subject: Re: [CANSLIM] IBD WEBSITE This is a multi-part message in MIME format. - ------=_NextPart_000_000B_01C16CDA.5962C4C0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable If you mean screen of the day.........it works fine for me, although it = is still yesterday's screen. Perry ----- Original Message -----=20 From: Jerry Sparrow=20 To: CANSLIM=20 Sent: Wednesday, November 14, 2001 5:04 AM Subject: [CANSLIM] IBD WEBSITE Is anyone else experiencing problems getting the stockscreener to work = this morning? - ------=_NextPart_000_000B_01C16CDA.5962C4C0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
If you mean screen of the = day.........it works=20 fine for me, although it is still yesterday's screen.
 
Perry
 
----- Original Message -----
From:=20 Jerry=20 Sparrow
To: CANSLIM
Sent: Wednesday, November 14, = 2001 5:04=20 AM
Subject: [CANSLIM] IBD = WEBSITE

Is anyone else experiencing problems = getting the=20 stockscreener to work this = morning?
- ------=_NextPart_000_000B_01C16CDA.5962C4C0-- - - - -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, 14 Nov 2001 08:50:28 -0600 From: "Katherine Malm" Subject: Re: [CANSLIM] JEC Agreed, Patrick. After coffee and a good night's sleep, a fresh read this morning shows the similarities in the views. What baffles me a bit though, is that if I look at this on a weekly chart, the handle begins to form 10/11 and drifts nicely. But, since 11/11 this seems to be under what I'd characterize as "subtle accumulation." That steady accumulation shows up particularly on an hourly chart over the last couple of weeks. Not a decided B/O above a handle high of 72, but in total, sure look like someone's buying it. Any thoughts? Katherine - ----- Original Message ----- From: "Patrick Wahl" To: Sent: Wednesday, November 14, 2001 8:58 AM Subject: Re: [CANSLIM] JEC > I think there was some agreement among the 4 views. Perry S. > and my views are pretty much the same, and my alternate cup and > handle view (handle forms below left side of cup) is what Tom said. > > On 13 Nov 01, at 22:41, Katherine Malm wrote: > > > Hmmm. So far 4 responses and 4 different points of view. Maybe I should put > > this one under the category of "if I can't read it, it must be > > consolidating." Hah. > > > > I appreciate your input, thanks, Patrick. > > > > Katherine > > > > ----- Original Message ----- > > From: "Patrick Wahl" > > To: > > Sent: Tuesday, November 13, 2001 10:47 PM > > Subject: Re: [CANSLIM] JEC > > > > > > > Looks like a stock that underwent a consolidation, a basing period, > > > a correction, whatever you wish to call it, of the previous uptrend, > > > from about June 1 until now. I think it could also be called a Cup > > > without handle, yet, unless you think it is acceptable if the handle > > > forms below old highs (we had this discussion a few weeks ago, > > > and now I can't remember the name of the stock), and then you > > > could say that the last 3 weeks of Oct. constitute a handle. Bit of > > > a choppy looking chart the last few months, but overall constructive > > > looking. I can't look at the chart with my usual software right now, > > > but overall the volume patterns seem good too. > > > > > > On 13 Nov 01, at 18:49, Katherine Malm wrote: > > > > > > > Would someone please give me a technical read on JEC's chart? I'm > > > > having a hard time reading the action from about 5/18 to today, > > > > particularly the action the last month. > > > > > > > > Thanks, > > > > Katherine > > > > kmalm@earthlink.net > > > > > > > > > > > > > > > > - > > > -To subscribe/unsubscribe, email "majordomo@xmission.com" > > > -In the email body, write "subscribe canslim" or > > > -"unsubscribe canslim". Do not use quotes in your email. > > > > > > - > > -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: Wed, 14 Nov 2001 10:32:01 -0500 From: "Dave" Subject: [CANSLIM] PECS PECS breaking out. Sloppy handle (if you can even call it a handle) but early volume is encouraging. Other than group strength ratings are good. IMO computer security stocks should be among the first tech groups to recover. It also helps that PECS counts government agencies such as DOJ as major customers. - - - -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, 14 Nov 2001 08:43:20 -0700 From: Jeff Salisbury Subject: Re: [CANSLIM] Stock Quotes into Excell Jeff Salisbury wrote:
Hello Everyone,

I'm trying to find a software package that will allow me to enter a ticker in an Excel spreadsheet cell, and then program another cell to display the current price.  I know there must be some DDE application out there that will do this.  Can anyone point me in the right direction?
 

Everyone,

Thanks for your suggestions.  I found a solution to my problem in the program Personal Stock Monitor (Gold version).  I didn't need real-time or even near real-time.  What I needed was end-of-day, automatic updates in my spreadsheet.  If you are interested, goto http://www.dtlink.com/.

Jeff
  - - - -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, 14 Nov 2001 09:23:40 -0600 From: "Katherine Malm" Subject: Re: [CANSLIM] PECS Hi Dave, PECS started moving even before market open, sending off alerts before I'd even my first cup 'o Joe. Nice gap open and already 2x ADV. Goofy "handle" though, such high volume action around 25. Maybe that's just a sign of a goofy market. Any thoughts? It didn't occur to me when I was originally researching them, but their Joint Automated Booking System for tracking criminals across agencies is really a "macroplay" on terrorism. Even if we're not fighting in Afghanistan at some point, we'll need to track potential terrorist activity here and need the tools to do it quickly and effectively. Katherine - ----- Original Message ----- From: "Dave" To: Sent: Wednesday, November 14, 2001 9:32 AM Subject: [CANSLIM] PECS > PECS breaking out. Sloppy handle (if you can even call it a handle) but > early volume is encouraging. Other than group strength ratings are good. > IMO computer security stocks should be among the first tech groups to > recover. It also helps that PECS counts government agencies such as DOJ as > major customers. > > > - > -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, 14 Nov 2001 09:26:38 -0600 From: "Katherine Malm" Subject: Re: [CANSLIM] PECS BTW, that notion of a "macroplay" pointed out by Peter Navarro who wrote "When It's Raining in Brazil, Buy Starbucks." K. - ----- Original Message ----- From: "Katherine Malm" To: Sent: Wednesday, November 14, 2001 9:23 AM Subject: Re: [CANSLIM] PECS > Hi Dave, > > PECS started moving even before market open, sending off alerts before I'd > even my first cup 'o Joe. Nice gap open and already 2x ADV. Goofy "handle" > though, such high volume action around 25. Maybe that's just a sign of a > goofy market. Any thoughts? > > It didn't occur to me when I was originally researching them, but their > Joint Automated Booking System for tracking criminals across agencies is > really a "macroplay" on terrorism. Even if we're not fighting in Afghanistan > at some point, we'll need to track potential terrorist activity here and > need the tools to do it quickly and effectively. > > Katherine > > ----- Original Message ----- > From: "Dave" > To: > Sent: Wednesday, November 14, 2001 9:32 AM > Subject: [CANSLIM] PECS > > > > PECS breaking out. Sloppy handle (if you can even call it a handle) but > > early volume is encouraging. Other than group strength ratings are good. > > IMO computer security stocks should be among the first tech groups to > > recover. It also helps that PECS counts government agencies such as DOJ as > > major customers. > > > > > > - > > -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: Wed, 14 Nov 2001 10:53:43 -0500 From: "Cefaloni, John L Jr. [AMSTA-AR-WEA]" Subject: RE: [CANSLIM] PECS Katherine, Between June and now, PECS looks like it has formed a handle-and-cup (backwards cup and handle), doesn't it? Did WON cover this in his book or did I read it elsewhere? Can't remember where I got the idea. John C. - -----Original Message----- From: Katherine Malm [mailto:kmalm@earthlink.net] Sent: Wednesday, November 14, 2001 10:24 AM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] PECS Hi Dave, PECS started moving even before market open, sending off alerts before I'd even my first cup 'o Joe. Nice gap open and already 2x ADV. Goofy "handle" though, such high volume action around 25. Maybe that's just a sign of a goofy market. Any thoughts? It didn't occur to me when I was originally researching them, but their Joint Automated Booking System for tracking criminals across agencies is really a "macroplay" on terrorism. Even if we're not fighting in Afghanistan at some point, we'll need to track potential terrorist activity here and need the tools to do it quickly and effectively. Katherine - ----- Original Message ----- From: "Dave" To: Sent: Wednesday, November 14, 2001 9:32 AM Subject: [CANSLIM] PECS > PECS breaking out. Sloppy handle (if you can even call it a handle) but > early volume is encouraging. Other than group strength ratings are good. > IMO computer security stocks should be among the first tech groups to > recover. It also helps that PECS counts government agencies such as DOJ as > major customers. > > > - > -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: Wed, 14 Nov 2001 09:35:03 -0600 From: "Katherine Malm" Subject: Re: [CANSLIM] PECS Hi John, Handle and cup? Is that what you get when you switch your R and L contacts? I honestly don't know. I've never heard of that, but would be interested in knowing more about it if it's legit. K. - ----- Original Message ----- From: "Cefaloni, John L Jr. [AMSTA-AR-WEA]" To: Sent: Wednesday, November 14, 2001 9:53 AM Subject: RE: [CANSLIM] PECS > Katherine, > > Between June and now, PECS looks like it has formed a handle-and-cup > (backwards cup and handle), doesn't it? Did WON cover this in his book or > did I read it elsewhere? Can't remember where I got the idea. > > John C. > > -----Original Message----- > From: Katherine Malm [mailto:kmalm@earthlink.net] > Sent: Wednesday, November 14, 2001 10:24 AM > To: canslim@lists.xmission.com > Subject: Re: [CANSLIM] PECS > > > Hi Dave, > > PECS started moving even before market open, sending off alerts before I'd > even my first cup 'o Joe. Nice gap open and already 2x ADV. Goofy "handle" > though, such high volume action around 25. Maybe that's just a sign of a > goofy market. Any thoughts? > > It didn't occur to me when I was originally researching them, but their > Joint Automated Booking System for tracking criminals across agencies is > really a "macroplay" on terrorism. Even if we're not fighting in Afghanistan > at some point, we'll need to track potential terrorist activity here and > need the tools to do it quickly and effectively. > > Katherine > > ----- Original Message ----- > From: "Dave" > To: > Sent: Wednesday, November 14, 2001 9:32 AM > Subject: [CANSLIM] PECS > > > > PECS breaking out. Sloppy handle (if you can even call it a handle) but > > early volume is encouraging. Other than group strength ratings are good. > > IMO computer security stocks should be among the first tech groups to > > recover. It also helps that PECS counts government agencies such as DOJ as > > major customers. > > > > > > - > > -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. - - - -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, 14 Nov 2001 11:12:40 -0500 From: "Cefaloni, John L Jr. [AMSTA-AR-WEA]" Subject: RE: [CANSLIM] PECS LOL! Has anyone ever heard of a handle-and-cup or am I just making it up? JC - -----Original Message----- From: Katherine Malm [mailto:kmalm@earthlink.net] Sent: Wednesday, November 14, 2001 10:35 AM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] PECS Hi John, Handle and cup? Is that what you get when you switch your R and L contacts? I honestly don't know. I've never heard of that, but would be interested in knowing more about it if it's legit. K. - ----- Original Message ----- From: "Cefaloni, John L Jr. [AMSTA-AR-WEA]" To: Sent: Wednesday, November 14, 2001 9:53 AM Subject: RE: [CANSLIM] PECS > Katherine, > > Between June and now, PECS looks like it has formed a handle-and-cup > (backwards cup and handle), doesn't it? Did WON cover this in his book or > did I read it elsewhere? Can't remember where I got the idea. > > John C. > > -----Original Message----- > From: Katherine Malm [mailto:kmalm@earthlink.net] > Sent: Wednesday, November 14, 2001 10:24 AM > To: canslim@lists.xmission.com > Subject: Re: [CANSLIM] PECS > > > Hi Dave, > > PECS started moving even before market open, sending off alerts before I'd > even my first cup 'o Joe. Nice gap open and already 2x ADV. Goofy "handle" > though, such high volume action around 25. Maybe that's just a sign of a > goofy market. Any thoughts? > > It didn't occur to me when I was originally researching them, but their > Joint Automated Booking System for tracking criminals across agencies is > really a "macroplay" on terrorism. Even if we're not fighting in Afghanistan > at some point, we'll need to track potential terrorist activity here and > need the tools to do it quickly and effectively. > > Katherine > > ----- Original Message ----- > From: "Dave" > To: > Sent: Wednesday, November 14, 2001 9:32 AM > Subject: [CANSLIM] PECS > > > > PECS breaking out. Sloppy handle (if you can even call it a handle) but > > early volume is encouraging. Other than group strength ratings are good. > > IMO computer security stocks should be among the first tech groups to > > recover. It also helps that PECS counts government agencies such as DOJ as > > major customers. > > > > > > - > > -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. - - - -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, 14 Nov 2001 11:41:40 -0500 From: "Tangen, Eric" Subject: RE: [CANSLIM] LLURs + Double Bottoms 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_01C16D2B.3C4B1760 Content-Type: text/plain; charset="iso-8859-1" Tracie....here's what I meant by "one float volume back in time": Its a sum of the daily trading volume backwards in time till the sum = float....find the of the max high and the min low during that time and plot it as a pair of price points for today...do that for every day and you get a nice set of upper and lower channel bars. Keep track of the number of days for the float to turn over and you have a nice indication of a signficant increase or decrease in volume. Not my idea, but I like it alot...check out www.floatanalysis.com In my opinion, you can substitute float turnover days for fixed time periods in just about any indicator and improve it. It works best on stocks with 180 days or less of float turnover....its not as effective on stocks with a lot of shares and low volume - (banks, REITs, utilities, insurance companies). Float turnover on some of these can be 400-600 trading days. ERIC TANGEN - -----Original Message----- From: Tracie Oken [mailto:imtoken@yahoo.com] Sent: Tuesday, November 13, 2001 11:50 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] LLURs + Double Bottoms Eric, Please explain your term "one float volume back in time" Thanks, Tracie - ----- Original Message ----- From: Tangen, Eric To: 'canslim@lists.xmission.com' Sent: Tuesday, November 13, 2001 4:10 PM Subject: RE: [CANSLIM] LLURs + Double Bottoms I think the real question a true CANSLIMMer needs answer for themselves is - are they going to dismiss tech stock till the 'fallen angles' break into new highs in the next bull cycle? The NASDAQ bubble has set a 'high jump' indicator that any tech stock is going to be hard pressed to meet...and if you ignore tech till the next bull charges above NASDAQ 5000 levels, I think you've written off investing in tech. Personally, I'm going one float volume back in time to establish a high...by this analysis, a whole lot of tech stocks are breaking into new highs, and on good volume, too. ERIC TANGEN - ------_=_NextPart_001_01C16D2B.3C4B1760 Content-Type: text/html; charset="iso-8859-1"

Tracie....here's what I meant by "one float volume back in time":
 
Its a sum of the daily trading volume backwards in time till the sum = float....find the of the max high and the min low during that time and plot it as a pair of price points for today...do that for every day and you get a nice set of upper and lower channel bars. Keep track of the number of days for the float to turn over and you have a nice indication of a signficant increase or decrease in volume.
 
Not my idea, but I like it alot...check out www.floatanalysis.com
 
In my opinion, you can substitute float turnover days for fixed time periods in just about any indicator and improve it.
 
It works best on stocks with 180 days or less of float turnover....its not as effective on stocks with a lot of shares and low volume - (banks, REITs, utilities, insurance companies). Float turnover on some of these can be 400-600 trading days.
 
 
ERIC TANGEN
-----Original Message-----
From: Tracie Oken [mailto:imtoken@yahoo.com]
Sent: Tuesday, November 13, 2001 11:50 PM
To: canslim@lists.xmission.com
Subject: Re: [CANSLIM] LLURs + Double Bottoms

Eric,
 
Please explain your term "one float volume back in time"
 
Thanks,  Tracie
----- Original Message -----
Sent: Tuesday, November 13, 2001 4:10 PM
Subject: RE: [CANSLIM] LLURs + Double Bottoms

I think the real question a true CANSLIMMer needs answer for themselves is - are they going to dismiss tech stock till the 'fallen angles' break into new highs in the next bull cycle? The NASDAQ bubble has set a 'high jump' indicator that any tech stock is going to be hard pressed to meet...and if you ignore tech till the next bull charges above NASDAQ 5000 levels, I think you've  written off investing in tech.
 
Personally, I'm going one float volume back in time to establish a high...by this analysis, a whole lot of tech stocks are breaking into new highs, and on good volume, too.

ERIC TANGEN

- ------_=_NextPart_001_01C16D2B.3C4B1760-- - - - -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, 14 Nov 2001 09:48:40 -0800 From: "Bill Triffet" Subject: [CANSLIM] IBD Investors Corner EPS ratings. Looking at today's Investors Corner I can see either Monika Tjia is a member here or one of her friends is. (g) The topic is breakouts on stocks with a not so perfect EPS rating. Says a stock with a lukewarm EPS rating is ok as long as the other strengths are there. Between '96-'97 the EPS of 75 small and mid-cap stocks at their breakouts was 77 with the average RS being 82. I can see that most of my failed breakouts were issues with much higher EPS ratings. Maybe this indicator can be used as a selling point as the "visibility factor" kicks in. Example: Buy on the breakout with an EPS of 65-70 or so - sell in the 90's? - -Bill Triffet - - - -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, 14 Nov 2001 11:37:15 -0600 From: "Katherine Malm" Subject: [CANSLIM] BVF This is a multi-part message in MIME format. - ------=_NextPart_000_02E0_01C16D00.B53A29C0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Looks like BVF digested today's primary offering ($47) fairly well. Any = thoughts? Katherine - ------=_NextPart_000_02E0_01C16D00.B53A29C0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Looks like BVF digested today's primary = offering=20 ($47) fairly well. Any thoughts?
 
Katherine
- ------=_NextPart_000_02E0_01C16D00.B53A29C0-- - - - -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, 14 Nov 2001 12:08:01 -0600 From: Chris Dempsey Subject: RE: [CANSLIM]Watchlist This is a multi-part message in MIME format. - --Boundary_(ID_nmrlYklaIy+npJwQTMrdcQ) Content-type: text/plain; charset=iso-8859-1 Content-transfer-encoding: 7BIT Doesn't DGO only show the stocks that were put in the books for that week which could explain why the number of stocks varies widely within each ranking? Why do you think a RS of 60 would help you find an up trend? -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Gene Ricci Sent: Tuesday, November 13, 2001 9:23 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM]Watchlist Chris, Whys starting at EPS 77 ??? DGO has a floating 'penalty box'. I first discovered it when seeing a disproportionate number of EPS 77 stocks. I asked DGO about it and they replied: . EPS of 77 usually means that the EPS rank cannot be calculated either because the company doesn't have enough earnings history, or had erratic earnings history. 1 quarter of negative earnings, 1 quarter positive earnings, etc. Right now their penalty box is EPS 80 with 154 stocks, EPS 77, 78, 79 have about 35 each. DGO has other penalty boxes .... stock with eps 20 to 30 have 190 stocks; 30 to 40 have 329 stocks; and 40 to 50 have 236 stocks, the culprit bin appears to be eps of 32, there are 115 while the surrounding eps bins have about 20 stocks.... Maybe 32 is the triage center for the fallen angels... Since my Swings scans are looking for retracements I use RS 60 to find stocks in an uptrend. I use fundamentals when creating all watchlists.... SMR B is usually a very small loss in candidates as opposed to using a C SMR rating.... Gene ----- Original Message ----- From: Chris Dempsey To: canslim@lists.xmission.com Sent: Tuesday, November 13, 2001 6:04 PM Subject: RE: [CANSLIM]Watchlist Im curious how you came up with these numbers for your watch list? -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Gene Ricci Sent: Tuesday, November 13, 2001 4:28 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] LLURs + Double Bottoms My watchlist comes from stocks with => ratings of EPS 77; RS 60 and SMR B. - --Boundary_(ID_nmrlYklaIy+npJwQTMrdcQ) Content-type: text/html; charset=iso-8859-1 Content-transfer-encoding: 7BIT
Doesn't DGO only show the stocks that were put in the books for that week which could explain why the number of stocks varies widely within each ranking?
 
Why do you think a RS of 60 would help you find an up trend?
-----Original Message-----
From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Gene Ricci
Sent: Tuesday, November 13, 2001 9:23 PM
To: canslim@lists.xmission.com
Subject: Re: [CANSLIM]Watchlist

Chris,
 
Whys starting at EPS 77 ??? DGO has a floating 'penalty box'. I first discovered it when seeing a disproportionate number of EPS 77 stocks. I asked DGO about it and they replied: . 
 
EPS of 77 usually means that the EPS rank cannot be calculated either because the company doesn't have enough earnings history, or had erratic earnings history.  1 quarter of negative earnings, 1 quarter positive earnings, etc.
 
Right now their penalty box is EPS 80 with 154 stocks, EPS 77, 78, 79 have about 35 each.
 
DGO has other penalty boxes .... stock with eps 20 to 30 have 190 stocks; 30 to 40 have 329 stocks; and 40 to 50  have 236 stocks, the culprit bin appears to be eps of 32, there are 115 while the surrounding eps bins have about 20 stocks.... Maybe 32 is the triage center for the fallen angels...
 
Since my Swings scans are looking for retracements I use RS 60 to find stocks in an uptrend.
 
I use fundamentals when creating all watchlists.... SMR B is usually a very small loss in candidates as opposed to using a C SMR rating....
 
Gene
 

----- Original Message -----
Sent: Tuesday, November 13, 2001 6:04 PM
Subject: RE: [CANSLIM]Watchlist

Im curious how you came up with these numbers for your watch list?
-----Original Message-----
From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Gene Ricci
Sent: Tuesday, November 13, 2001 4:28 PM
To: canslim@lists.xmission.com
Subject: Re: [CANSLIM] LLURs + Double Bottoms

My watchlist comes from stocks with  => ratings of EPS 77; RS 60 and SMR B.
 
 
- --Boundary_(ID_nmrlYklaIy+npJwQTMrdcQ)-- - - - -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 #1814 ****************************** 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.