From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #1888 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 Tuesday, December 4 2001 Volume 02 : Number 1888 In this issue: Re: [CANSLIM] UTSI Re: [CANSLIM] Leadership ( was: Market Cycles) Re: [CANSLIM] Leadership ( was: Market Cycles) Re: [CANSLIM] new highs Re: [CANSLIM] UTSI Re: [CANSLIM] UTSI Re: [CANSLIM] Nice Breakouts Re: [CANSLIM] UTSI Re: [CANSLIM] Leadership ( was: Market Cycles) Re: [CANSLIM] Nice Breakouts Re: [CANSLIM] Nice Breakouts ---------------------------------------------------------------------- Date: Mon, 03 Dec 2001 18:45:21 -0700 From: esetser Subject: Re: [CANSLIM] UTSI A quick look at this one looks pretty good. I don't see a big problem with the latest handle, in that the earlier handle was too steep anyway. The most recent one looks much better. I think I would lean towards using the first handle high as the pivot, since the level was slightly higher. Hmm, I'll have to look and see why this missed my latest watch list? At 09:17 AM 12/3/01 -0500, you wrote: > Hi all... I thought I would throw out one that I have been >considering, but I would like some input. UTSI Quarterly Earnings >and Sales are well above 25% but are falling. The group >(Telecommunications-Equip) has gone from a rank of 156 (6 months ago) to >127 (3 months ago) to 112 (last week) to 57 currently. UTSI, according >to their website, states they focus on the China market, which I have >heard has the potential to be huge. The weekly chart looks much >smoother in the handle area (of course!). So who is doing all of the >trading? Thanks in advance for the responses!! Andy - - - -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: Mon, 3 Dec 2001 22:00:03 -0500 From: "Dan Forant" Subject: Re: [CANSLIM] Leadership ( was: Market Cycles) This is a multi-part message in MIME format. - ------=_NextPart_000_0025_01C17C45.DC9192C0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable The economy tells the market where it's headed. The market and us = patsy's follow *it* This is just a rally in a bear market. DanF From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Monday, December 03, 2001 8:24 PM Subject: Re: [CANSLIM] Leadership ( was: Market Cycles) To me, it doesn't "bode" anything, since I don't know what the "M" is = telling me about the future. Just shows me the uncertainty of "M" right = now (e.g. collectively investors, whether retail or institutional, are = not sure about the future earnings, economy, when recovery will be = confirmed, etc.). I think once you have a general consensus of opinion on which are the = "leadership stocks", you will also have a defined trend up or down on = which most agree. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Kent Norman=20 To: canslim@lists.xmission.com=20 Sent: Monday, December 03, 2001 8:09 PM Subject: Re: [CANSLIM] Leadership ( was: Market Cycles) We have probably talked this one to death before, but... Does the lack of clear leadership bode ill for the market, or are we just not seeing the leaders we hope/expect to see? Kent Norman --- Tom Worley wrote: >=20 > I am also having problems finding clear leadership, > and suspect that will remain the case until there is > solid evidence of either a recovering economy or > earnings / revenue growth. >=20 =3D=3D=3D=3D=3D Opportunities always look bigger going than coming. __________________________________________________ Do You Yahoo!? Buy the perfect holiday gifts at Yahoo! Shopping. http://shopping.yahoo.com - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. - ------=_NextPart_000_0025_01C17C45.DC9192C0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
The economy tells the market where it's = headed. The=20 market and us patsy's follow *it* This is just a rally in a bear=20 market.
 
DanF
 
From: Tom Worley
Sent: Monday, December 03, 2001 = 8:24=20 PM
Subject: Re: [CANSLIM] = Leadership ( was:=20 Market Cycles)

To me, it doesn't "bode" anything, since I don't = know what=20 the "M" is telling me about the future. Just shows me the uncertainty = of "M"=20 right now (e.g. collectively investors, whether retail or = institutional, are=20 not sure about the future earnings, economy, when recovery will be = confirmed,=20 etc.).
 
I think once you have a general consensus of = opinion on=20 which are the "leadership stocks", you will also have a defined trend = up or=20 down on which most agree.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Kent=20 Norman
Sent: Monday, December 03, = 2001 8:09=20 PM
Subject: Re: [CANSLIM] = Leadership (=20 was: Market Cycles)

We have probably talked this one to death=20 before,
but...
Does the lack of clear leadership bode ill for=20 the
market, or are we just not seeing the leaders = we
hope/expect to=20 see?

Kent Norman

--- Tom Worley <stkguru@netside.net>=20 wrote:
<snip>
>
> I am also having problems = finding=20 clear leadership,
> and suspect that will remain the case = until there=20 is
> solid evidence of either a recovering economy or
> = earnings=20 / revenue growth.
> =
<snip>

=3D=3D=3D=3D=3D
Opportunities=20 always look bigger going than=20 = coming.

__________________________________________________
Do = You=20 Yahoo!?
Buy the perfect holiday gifts at Yahoo! Shopping.
http://shopping.yahoo.com

-=
-To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your = email.
- ------=_NextPart_000_0025_01C17C45.DC9192C0-- - - - -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: Mon, 3 Dec 2001 22:13:20 -0600 From: "Katherine Malm" Subject: Re: [CANSLIM] Leadership ( was: Market Cycles) Kent, I've been mulling over this one quite a bit lately. Right now I'm thinking that the lack of leadership just simply shows the lack of leadership. Sounds crazy, but I just don't think it's clear to anybody which groups have the wherewithal to stand tough as the economy goes through its necessary transition. There's also this pesky problem with people really wanting all tech groups to outperform. The simple truth is, they can't, even if the economy itself were to become very healthy, there's this lingering industry and overvaluation problem. That said, I think, as I mentioned yesterday, we need to widen the CANSLIM net and look for innovators in each industry. That could be medical, biomedical, retail, some *select* tech groups or other industries that are coming out of consolidation periods. You're right...can't be looking in familiar places. One of my mottos is "fall in love with a product, fall in love with a company, but NEVER fall in love with a stock." Think there's still a lot of love affairs going on out there. Katherine - ----- Original Message ----- From: "Kent Norman" To: Sent: Monday, December 03, 2001 7:09 PM Subject: Re: [CANSLIM] Leadership ( was: Market Cycles) > We have probably talked this one to death before, > but... > Does the lack of clear leadership bode ill for the > market, or are we just not seeing the leaders we > hope/expect to see? > > Kent Norman > > --- Tom Worley wrote: > > > > > I am also having problems finding clear leadership, > > and suspect that will remain the case until there is > > solid evidence of either a recovering economy or > > earnings / revenue growth. > > > > > ===== > Opportunities always look bigger going than coming. > > __________________________________________________ > Do You Yahoo!? > Buy the perfect holiday gifts at Yahoo! Shopping. > http://shopping.yahoo.com > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Mon, 03 Dec 2001 21:21:01 -0700 From: esetser Subject: Re: [CANSLIM] new highs For CANSLIM patterns, you should be looking for cup with handle, double bottom, and flat base patterns. Handles can appear in any of these. The high of the handle, or midpoint in the double bottom, set a pivot point that is generally below a 52 week high. In fact, WON talks about cup with handles all the way to the 50% point of the base, although he warns the lower the handle the riskier the entry. I think you should be buying stocks relatively close to new highs with CANSLIM, but I don't think you should always be waiting for those highs. At 01:13 PM 12/3/01 -0800, you wrote: >When selecting stocks according to the CANSLIM methodology, when are >supposed to buy stocks making new highs. However, should we consider only >stocks making all-time highs? Many of the leading tech stocks are well >below their alltime highs, such as UTSI, however are closing in on their 52 >week highs. Would this be a violation of the canslim philosophy to buy a >stock which is currently around 25% its alltime high. > > >- >-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: Mon, 3 Dec 2001 23:26:01 EST From: Spencer48@aol.com Subject: Re: [CANSLIM] UTSI Earle: UTSI does look good. However, today on the putative BO, observe that it broke out above the PP, then it closed down below it. Also, Earle, I'm in a quandry about this: Would WON call its 4 week handle (which wedges higher) an upward sloping handle? How do you see it? jans In a message dated 12/3/2001 8:44:59 PM Eastern Standard Time, esetser@covad.net writes: << A quick look at this one looks pretty good. I don't see a big problem with the latest handle, in that the earlier handle was too steep anyway. The most recent one looks much better. I think I would lean towards using the first handle high as the pivot, since the level was slightly higher. Hmm, I'll have to look and see why this missed my latest watch list? >> - - - -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: Mon, 03 Dec 2001 22:06:07 -0700 From: esetser Subject: Re: [CANSLIM] UTSI As far as the handle is concerned, I think it has both an upward sloping and downward sloping section. I view the downward sloping section as needed for the shakeout of weak holders. As far as upward sloping, I just view that as the particular way this stock is moving up. I DO like to see a stock hold above the pivot at the close, or I consider it questionable. I would consider this one as poised to breakout rather than having done it. After all, our goal is to maintain the price above the pivot!! Oh yes, it is Earl. Thanks. At 11:26 PM 12/3/01 EST, you wrote: >Earle: > > UTSI does look good. However, today on the putative BO, observe that it >broke out above the PP, then it closed down below it. > Also, Earle, I'm in a quandry about this: Would WON call its 4 week >handle (which wedges higher) an upward sloping handle? How do you see it? > >jans > > >In a message dated 12/3/2001 8:44:59 PM Eastern Standard Time, >esetser@covad.net writes: > ><< A quick look at this one looks pretty good. I don't see a big problem with > the latest handle, in that the earlier handle was too steep anyway. The > most recent one looks much better. I think I would lean towards using the > first handle high as the pivot, since the level was slightly higher. Hmm, > I'll have to look and see why this missed my latest watch list? >> > >- >-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: Mon, 3 Dec 2001 22:05:25 -0700 From: "Patrick Wahl" Subject: Re: [CANSLIM] Nice Breakouts Thanks for posting. RMD would seem to be a little pricey, but the chart and breakout do look good. DVA, according to the data at Quicken, had better than a 50% increase in volume compared to the average daily volume (560k vs. 360k avg.), and the price is at a more reasonable level. Also seems to be beating analysts forecasts each quarter. On 3 Dec 2001 at 23:31, Andreas Himmelreich wrote: > RMD > DVA > DYII (Pivot holds) > > > - > -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: Tue, 4 Dec 2001 03:14:35 -0800 (PST) From: Kent Norman Subject: Re: [CANSLIM] UTSI Looks like UTSI and CATT run together, TUNE seems to march to a different drummer. http://quicken.com/investments/charts/?period=3MONTH&charttype=HIST&big=off&plot=LINE&othersym=&mavg=&dji=&sp500=&nasdaq=&symbol=TUNE+CATT+UTSI+RIMM+ Kent Norman - --- Katherine Malm wrote: > Hi Andy, > > Here is my take on the Telecom Equipment group. All > data is based on action since the FTD 9/28/01. > > The Telecom Equip group has moved up in rank 50.49%. > 26 groups moved up at a faster rate. There are 179 > members of the group, but only 39 have a price > >=$10. Of those, only 8 have forward growth rates > (as of right now) >=15%. Of those 8, only 6 are what > I would call "strong" stocks: RIMM, UTSI, VRTA, > SLNK, CATT, AV. Each of these are very different > from one another, so I would be digging into the > fundamentals to assess whether these are leaders in > their competitive landscape. Whether the group > continues to move up is anybody's guess. Telecom is > here to stay, but there's so much excess capacity, > it's hard to say how long it'll take to shake it > out. On the surface, at least, looks like UTSI ranks > up there, and it rates "worth investigating" based > on the type of industry analysis I normally do. > > I've attached an excel spreadsheet that shows the 39 > stocks over $10. > > Katherine > ----- Original Message ----- > From: Andy Johnson > To: canslim@lists.xmission.com > Sent: Monday, December 03, 2001 8:57 AM > Subject: Re: [CANSLIM] UTSI > > > Ahh..... > > As I recall, you guys had a huge discussion on > this very topic a few weeks back. My apologies for > asking what has already been rehashed. Thank you > for clearing that up. > > Katherine, does the Telecommunications-Equipment > group meet your expectations of a "rising" group, or > has it gone too far and is topped out? I am just > trying to get a feel for the type of groups you > consider to be rising. > > Thanks!!!!! > > Andy > ----- Original Message ----- > From: Katherine Malm > To: canslim@lists.xmission.com > Sent: Monday, December 03, 2001 9:27 AM > Subject: Re: [CANSLIM] UTSI > > > Hi Andy, > > Ah! The mysteries of the % ownership... > > The "management" portion refers to the % of > outstanding shares that management/insiders own. In > this case: > > 104.5m shares outstanding > -38.6 m shares in float > ------- > 65.9m shares owned by insiders/mgmt/beneficial > owners/restricted shares (65.9/104.5=63%) > > See a roster of these people, and in some cases, > their total holdings at > http://biz.yahoo.com/t/in/u/utsi.html > > The other percentages refer to the % of the > float owned by banks vs. institutions: > > Banks/Institutions = 8% * 38.6m = approx 3m > shares > Funds = 39% * 38.6m = approx 15m shares > > A roster* of these people at > http://biz.yahoo.com/hd/u/utsi.html and > http://biz.yahoo.com/hd/mf/u/utsi.html > > That means about 53% of the float > (53%*38.6m=20.5m shares) is in hands "other" than > these. > . > > Katherine > *Yahoo's numbers are always slightly different > than DGO's. I think that's because of differing time > periods between updates > > ----- Original Message ----- > From: Andy Johnson > To: canslim@lists.xmission.com > Sent: Monday, December 03, 2001 8:17 AM > Subject: [CANSLIM] UTSI > > > Hi all... > > I thought I would throw out one that I have > been considering, but I would like some input. > > UTSI > > This seems to exhibit all of the typical good > IBD ratings... 99 EPS, 88 RS (approaching a new > high) , Group B, SMR A, Acc/Dis B, Time B. > Quarterly Earnings and Sales are well above 25% but > are falling. > > The stock is 15% off it's 52 week high, but > significantly below it's all time high set in March > of 2000 (right around it's IPO). > > What I find interesting about this stock is > its group. I believe that it is in a group that > exhibits some of the traits of a rising group > discussed here earlier. PLEASE COMMENT ON THIS. > The group (Telecommunications-Equip) has gone from a > rank of 156 (6 months ago) to 127 (3 months ago) to > 112 (last week) to 57 currently. > > UTSI, according to their website, states they > focus on the China market, which I have heard has > the potential to be huge. > > The chart seems to have formed two handles on > the daily chart exhibiting the type of action that > you would like to see (volume drying up and edging > downward). Is this second handle situation enough > to scare off a CANSLIMer? > > The weekly chart looks much smoother in the > handle area (of course!). > > The other oddity is that, according to IBD, > management owns 63%, banks own 8%, and funds own > 39%. Hmm that seems to be about 110%!! So who is > doing all of the trading? > > Thanks in advance for the responses!! > > Andy > > ATTACHMENT part 2 application/vnd.ms-excel name=Telecom Equip 092801-113001.xls ===== Opportunities always look bigger going than coming. __________________________________________________ Do You Yahoo!? Buy the perfect holiday gifts at Yahoo! Shopping. http://shopping.yahoo.com - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Tue, 4 Dec 2001 06:56:36 -0500 From: "Tom Worley" Subject: Re: [CANSLIM] Leadership ( was: Market Cycles) This is a multi-part message in MIME format. - ------=_NextPart_000_0018_01C17C90.D169EF00 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable I disagree, Dan. Expectations drive the market, especially earnings = expectations. Other expectations include those regarding the economy, = consumer sentiment (how likely we are to spend, do we expect to get a = salary increase or bonus, are we secure in our job or fearing a layoff), = and expectations regarding global events (other countries economy, wars = and conflicts, terrorist attacks (do we hunker down in our homes and not = spend, or only spend on the internet). I think it's still too early to know yet if this is the start of a new = bull market or, as you say, simply a rally in a bear market. I suspect = this won't be decided until such time as the economy proves itself to = truly be recovering, and heightens expectations further, along with more = companies raising earnings forecasts for the future. While earnings results, and trends, drives the market technically, it = plays on human psychology which ultimately determines the direction of = the market. Doesn't always have to be logical or rational, but does set = the short term trend, and that can feed on itself and extend the trend = out further. That's why it's so important to not try and decide where = the market is going (or worse still try to tell it where to go), but = rather let "M" tell us where it is taking us if we are aboard for the = ride. And so far, it's been a nice ride for the past 2+ months. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Dan Forant=20 To: canslim@lists.xmission.com=20 Sent: Monday, December 03, 2001 10:00 PM Subject: Re: [CANSLIM] Leadership ( was: Market Cycles) The economy tells the market where it's headed. The market and us = patsy's follow *it* This is just a rally in a bear market. =20 DanF From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Monday, December 03, 2001 8:24 PM Subject: Re: [CANSLIM] Leadership ( was: Market Cycles) To me, it doesn't "bode" anything, since I don't know what the "M" = is telling me about the future. Just shows me the uncertainty of "M" = right now (e.g. collectively investors, whether retail or institutional, = are not sure about the future earnings, economy, when recovery will be = confirmed, etc.). I think once you have a general consensus of opinion on which are = the "leadership stocks", you will also have a defined trend up or down = on which most agree. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Kent Norman=20 To: canslim@lists.xmission.com=20 Sent: Monday, December 03, 2001 8:09 PM Subject: Re: [CANSLIM] Leadership ( was: Market Cycles) We have probably talked this one to death before, but... Does the lack of clear leadership bode ill for the market, or are we just not seeing the leaders we hope/expect to see? Kent Norman --- Tom Worley wrote: >=20 > I am also having problems finding clear leadership, > and suspect that will remain the case until there is > solid evidence of either a recovering economy or > earnings / revenue growth. >=20 =3D=3D=3D=3D=3D Opportunities always look bigger going than coming. __________________________________________________ Do You Yahoo!? Buy the perfect holiday gifts at Yahoo! Shopping. http://shopping.yahoo.com - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. - ------=_NextPart_000_0018_01C17C90.D169EF00 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
I disagree, Dan. Expectations drive the market, = especially=20 earnings expectations. Other expectations include those regarding the = economy,=20 consumer sentiment (how likely we are to spend, do we expect to get a = salary=20 increase or bonus, are we secure in our job or fearing a layoff), and=20 expectations regarding global events (other countries economy, wars and=20 conflicts, terrorist attacks (do we hunker down in our homes and not = spend, or=20 only spend on the internet).
 
I think it's still too early to know yet if this is = the start=20 of a new bull market or, as you say, simply a rally in a bear market. I = suspect=20 this won't be decided until such time as the economy proves itself to = truly be=20 recovering, and heightens expectations further, along with more = companies=20 raising earnings forecasts for the future.
 
While earnings results, and trends, drives the = market=20 technically, it plays on human psychology which ultimately determines = the=20 direction of the market. Doesn't always have to be logical or rational, = but does=20 set the short term trend, and that can feed on itself and extend the = trend out=20 further. That's why it's so important to not try and decide where the = market is=20 going (or worse still try to tell it where to go), but rather let "M" = tell us=20 where it is taking us if we are aboard for the ride. And so far, it's = been a=20 nice ride for the past 2+ months.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Dan=20 Forant
To: canslim@lists.xmission.com =
Sent: Monday, December 03, 2001 = 10:00=20 PM
Subject: Re: [CANSLIM] = Leadership ( was:=20 Market Cycles)

The economy tells the market where = it's headed.=20 The market and us patsy's follow *it* This is just a rally in a bear=20 market.
 
DanF
 
From: Tom Worley
To: canslim@lists.xmission.com =
Sent: Monday, December 03, = 2001 8:24=20 PM
Subject: Re: [CANSLIM] = Leadership (=20 was: Market Cycles)

To me, it doesn't "bode" anything, since I don't = know what=20 the "M" is telling me about the future. Just shows me the = uncertainty of "M"=20 right now (e.g. collectively investors, whether retail or = institutional, are=20 not sure about the future earnings, economy, when recovery will be=20 confirmed, etc.).
 
I think once you have a general consensus of = opinion on=20 which are the "leadership stocks", you will also have a defined = trend up or=20 down on which most agree.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message ----- =
From:=20 Kent=20 Norman
To: canslim@lists.xmission.com =
Sent: Monday, December 03, = 2001 8:09=20 PM
Subject: Re: [CANSLIM] = Leadership (=20 was: Market Cycles)

We have probably talked this one to death=20 before,
but...
Does the lack of clear leadership bode ill = for=20 the
market, or are we just not seeing the leaders = we
hope/expect to=20 see?

Kent Norman

--- Tom Worley <stkguru@netside.net>=20 wrote:
<snip>
>
> I am also having problems = finding=20 clear leadership,
> and suspect that will remain the case = until=20 there is
> solid evidence of either a recovering economy = or
>=20 earnings / revenue growth.
>=20
<snip>

=3D=3D=3D=3D=3D
Opportunities always = look bigger going=20 than=20 = coming.

__________________________________________________
Do=20 You Yahoo!?
Buy the perfect holiday gifts at Yahoo! = Shopping.
http://shopping.yahoo.com

-=
-To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
-In= =20 the email body, write "subscribe canslim" or
-"unsubscribe=20 canslim".  Do not use quotes in your=20 email.
- ------=_NextPart_000_0018_01C17C90.D169EF00-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Tue, 4 Dec 2001 07:04:09 -0500 From: "Tom Worley" Subject: Re: [CANSLIM] Nice Breakouts This is a multi-part message in MIME format. - ------=_NextPart_000_0023_01C17C91.DEBFD2E0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi Patrick, It would appear Quicken uses something other than a 50 DMA for volume. = DGO shows this average for DVA at 593K, hence my comment that volume = (560K) didn't confirm a breakout. I would also add that its earnings = forecast is for 169% growth this year, and it's on track to meet that = with the 4th qtr. But so far analysts haven't raised the forecast for = 2002, which is still showing only a 13% improvement. This may be why = it's not so pricey. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Patrick Wahl=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, December 04, 2001 12:05 AM Subject: Re: [CANSLIM] Nice Breakouts Thanks for posting. RMD would seem to be a little pricey, but the = chart and=20 breakout do look good. DVA, according to the data at Quicken, had = better than a=20 50% increase in volume compared to the average daily volume (560k vs. = 360k=20 avg.), and the price is at a more reasonable level. Also seems to be = beating=20 analysts forecasts each quarter. On 3 Dec 2001 at 23:31, Andreas Himmelreich wrote: > RMD=20 > DVA > DYII (Pivot holds) >=20 >=20 > - > -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. - ------=_NextPart_000_0023_01C17C91.DEBFD2E0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Hi Patrick,
 
It would appear Quicken uses something other than a = 50 DMA for=20 volume. DGO shows this average for DVA at 593K, hence my comment that = volume=20 (560K) didn't confirm a breakout. I would also add that its earnings = forecast is=20 for 169% growth this year, and it's on track to meet that with the 4th = qtr. But=20 so far analysts haven't raised the forecast for 2002, which is still = showing=20 only a 13% improvement. This may be why it's not so pricey.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Patrick = Wahl=20
To: canslim@lists.xmission.com =
Sent: Tuesday, December 04, = 2001 12:05=20 AM
Subject: Re: [CANSLIM] Nice=20 Breakouts

Thanks for posting.  RMD would seem to be a little = pricey,=20 but the chart and
breakout do look good.  DVA, according to = the data=20 at Quicken, had better than a
50% increase in volume compared to = the=20 average daily volume (560k vs. 360k
avg.), and the price is at a = more=20 reasonable level.  Also seems to be beating
analysts = forecasts each=20 quarter.

On 3 Dec 2001 at 23:31, Andreas Himmelreich = wrote:

>=20 RMD
> DVA
> DYII (Pivot holds)
>
>
>=20 -
> -To subscribe/unsubscribe, email "majordomo@xmission.com"
>= ; -In=20 the email body, write "subscribe canslim" or
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-
-To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your email.
- ------=_NextPart_000_0023_01C17C91.DEBFD2E0-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Tue, 4 Dec 2001 07:56:11 -0700 From: "Patrick Wahl" Subject: Re: [CANSLIM] Nice Breakouts Just to check against one other source, checked at Yahoo, they have average volume of 515K. Guess there is no generally agreed on length of time for average volume. On 4 Dec 2001 at 7:04, Tom Worley wrote: > Hi Patrick, > > It would appear Quicken uses something other than a 50 DMA for volume. DGO shows this average for DVA at 593K, hence my comment that volume (560K) didn't confirm a breakout. I would also add that its earnings forecast is for 169% growth this year, and it's on track to meet that with the 4th qtr. But so far analysts haven't raised the forecast for 2002, which is still showing only a 13% improvement. This may be why it's not so pricey. > > Tom Worley > stkguru@netside.net > AIM: TexWorley > > ----- Original Message ----- > From: Patrick Wahl > To: canslim@lists.xmission.com > Sent: Tuesday, December 04, 2001 12:05 AM > Subject: Re: [CANSLIM] Nice Breakouts > > > Thanks for posting. RMD would seem to be a little pricey, but the chart and > breakout do look good. DVA, according to the data at Quicken, had better than a > 50% increase in volume compared to the average daily volume (560k vs. 360k > avg.), and the price is at a more reasonable level. Also seems to be beating > analysts forecasts each quarter. > > On 3 Dec 2001 at 23:31, Andreas Himmelreich wrote: > > > RMD > > DVA > > DYII (Pivot holds) > > > > > > - > > -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. ------------------------------ End of canslim-digest V2 #1888 ****************************** 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.