From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #1957 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 Saturday, December 15 2001 Volume 02 : Number 1957 In this issue: Re: [CANSLIM] Re: BREL Re: [CANSLIM] accumulation/distribution days Re: [CANSLIM] HGS Watch List ---------------------------------------------------------------------- Date: Sat, 15 Dec 2001 09:31:54 -0800 From: esetser Subject: Re: [CANSLIM] Re: BREL Wow, thanks for this little tidbit. It seems to me that I am in the minority of the group requiring an absolute minimum of 7 weeks for a base before even adding a stock to my watch list (5 weeks for a flat base). However, I've been using that 7 weeks as a total, rather than the base before the handle. A quick look at HTMMIS seems to confirm your interpretation, so thanks for the note! At 12:45 PM 12/14/01 -0600, you wrote: >No, the handle is not part of the base. It is a separate consolidation that >shakes out the last of the weak holders. So that means, BREL has a 5-1/2 >week base and a handle slightly longer than a week.According to WON, its >duration should be proportional to the length and depth of the base itself. > >No, I haven't posted my sell rules because these things are different for >each person depending on their experience, risk tolerance and goals. I >started with WON, pared it down, cleared up the fuzzy ones, then added a few >from my own experience. But I'd say that if a trader doesn't have definitive >rules that can be written down on a list, emotion will always take over when >it's time to sell. And *that* is the way most people lose big money! > >Katherine >----- Original Message ----- >From: >To: >Sent: Friday, December 14, 2001 12:40 PM >Subject: Re: [CANSLIM] Re: BREL > > >> katherine, i thought WON included the handle as part of the base. also, if >i >> count correctly, with the base starting on 10/26/01, it's 7 weeks long as >of >> today, the minimum according to WON for a C&H base. also, have you posted >> your sell rules? thanks, david >> ----- Original Message ----- >> From: "Katherine Malm" >> To: >> Sent: Friday, December 14, 2001 12:17 PM >> Subject: Re: [CANSLIM] Re: BREL >> >> >> > Yes. That would be my read. I think that B. would've considered this >part >> of >> > the cup. But I don't know that for sure without rereading the chapter >> > closely. The good news is, however, if a stock were to form a high >handle >> > where the right lip was higher than the left lip, that would mean the >> > failure rate out of the pattern drops. >> > >> > But all that aside, when I look at the BREL chart, I see the left side >of >> > the cup at $24.90 on 10/26. I see the high of the handle at $33.35 on >12/5 >> > and I see 6 days in the handle and a B/O today. The problem I have is >that >> > this makes a cup only 5-1/2 weeks long and that is too short to be >valid. >> 7 >> > weeks is minimum. On my sell rule checklist, if a stock near its highs >> > breaks out of a base >> > that is too short, it gets the axe. >> > >> > Katherine >> > >> > ----- Original Message ----- >> > From: >> > To: >> > Sent: Friday, December 14, 2001 11:52 AM >> > Subject: Re: [CANSLIM] Re: BREL >> > >> > >> > > katherine, i'm sorry i don't really understand your answer. does it >> > > mean(maybe in your opinion) that since the price is cranking above the >> > pivot >> > > that it isn`t really a handle. and BREL might have done that in this >> case? >> > > david >> > > ----- Original Message ----- >> > > From: "Katherine Malm" >> > > To: >> > > Sent: Friday, December 14, 2001 11:27 AM >> > > Subject: Re: [CANSLIM] Re: BREL >> > > >> > > >> > > > >>. it looks to me like a >> > > > > slightly upward handle which kind of concerned me. ...what does >Mr. >> B >> > > > > say about this? >> > > > >> > > > You know, off the top of my head, I don't remember that he mentioned >> > > upward >> > > > sloping handles. He did say that it didn't matter statistically >> whether >> > or >> > > > not they were downward sloping. So I'm going to guess that he's >> implying >> > > > that it shouldn't crank up above the pivot, or it's not really a >> handle. >> > > > But, that's just an opinion, not a fact. >> > > > >> > > > Katherine >> > > > ----- Original Message ----- >> > > > From: >> > > > To: >> > > > Sent: Friday, December 14, 2001 11:09 AM >> > > > Subject: Re: [CANSLIM] Re: BREL >> > > > >> > > > >> > > > > tim and dave, got into BREL early this morning . it looks to me >like >> a >> > > > > slightly upward handle which kind of concerned me. Katherine what >> does >> > > Mr. >> > > > B >> > > > > say about this? anyother thoughts from others? Andreas, great >saying >> > > from >> > > > > Goethe. david >> > > > > ----- Original Message ----- >> > > > > From: "Dave" >> > > > > To: >> > > > > Sent: Friday, December 14, 2001 10:01 AM >> > > > > Subject: [CANSLIM] Re: BREL >> > > > > >> > > > > >> > > > > > Doesn't the upward-sloping handle on BREL concern you? >> > > > > > >> > > > > > - >> > > > > > -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. >> >> >> - >> -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: Sat, 15 Dec 2001 09:50:58 -0800 From: esetser Subject: Re: [CANSLIM] accumulation/distribution days Tom, the questions was accumulation and distribution "DAYS". I believe you have addressed the overall, long term effect. I would agree with Katerine's definition for days. At 05:39 AM 12/15/01 -0500, you wrote: > Katherine, I must disagree somewhat on this. You describe what is >probably a more traditional definition. But different sites will do it >differently. DGO describes it as the result of a proprietary formula (so we > don't get to know how they calculate it) which analyzes each days trading >activity for both price and volume, and over a 13 week period. One >feature I really like, and use, with my quote service at FreeRealTime is a >VWAP (Volume Weighed Average Price). I can look at it any time of the day >and tell if a stock is being accumulated or distributed. When I was an >active broker, and getting first hand trading by WON staffers, the way >they explained Accum / Dist to me was that accumulation was when the funds >were buying it, distribution was when the funds were selling it to retail >buyers. This latter situation is often characterized by high volume with >little if any price gain. I suspect the DG / DGO proprietary formula is >weighed along similar lines. Tom Worley >stkguru@netside.net >AIM: TexWorley > ----- Original Message ----- From: Katherine Malm To: >canslim@lists.xmission.com Sent: Friday, December 14, 2001 11:01 PM >Subject: Re: [CANSLIM] accumulation/distribution days > Hi Rolf, & D are fairly straightforward, whether for a stock or >a market index: An accumulation day is one in which the price ends >higher on volume higher than the previous day. A distribution day is >one in which the price ends lower on volume higher than the previous >day. So, for example, a warning sign that the market may be >topping would be 4 distribution days within 2 weeks. or were days >with high volume and little/no price progress. The follow-thru day is >just a special application of an accumulation day for a market index. >That is, after a market low has been printed, you're looking for >accumulation of 2%+ within 4-7 days of the first rally off the low. > Katherine ----- Original Message ----- From: rolf >hertenstein To: canslim@lists.xmission.com Sent: Friday, December >14, 2001 8:59 PM Subject: [CANSLIM] accumulation/distribution >days > Just dug through HTMMIS and IBD's Investor's Corner Archives, and >I Is an accumulation day &P, or NASD rise on higher volume, >or do they Ditto for a distribution day - simple drop in a major >index on higher volume, or is there also a % drop. Thanks! > Rolf > > - - - -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: Sat, 15 Dec 2001 11:46:24 -0600 From: Gene Ricci Subject: Re: [CANSLIM] HGS Watch List This is a multi-part message in MIME format. - ------=_NextPart_000_0293_01C1855E.1F513400 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Tim, I am unable to get this data from HGS, did you combine HGS and IBD = data to generate this list? HGS does not have letters for A/D and = doesn't have SMR. Lastly, I assume that you 'gathered' the top ERG stocks and didn't use = any of the 'other' columns as scan criteria.... and then added the IBD = data to the list???? Thanks, Gene ----- Original Message -----=20 From: Tim Fisher=20 To: canslim@lists.xmission.com=20 Sent: Saturday, December 15, 2001 9:21 AM Subject: [CANSLIM] HGS Watch List Here it is. Stock ERG E R G A/D SMR Growth Curr Earn Prev Earn Curr Sales = Prev Sales Proj Earn Group Exchange Price EPS Due=20 AZO 293 96 98 99 B A 17 65 27 11 10 29 RETWHL_AUTO NYSE 73.5 = 2/27/2002=20 GPI 293 98 97 98 B B 35 39 26 7 8 21 RET_MISC NYSE 31.75 = 2/15/2002=20 MIK 292 98 96 98 A B 38 27 50 16 12 22 RET_MISC NYSE 31.8 = 3/7/2002=20 MNTG 287 96 96 95 B A 52 32 18 24 29 46 LEIS_GAMES NASD 13.5 = 3/20/2002=20 BZH 285 98 93 94 A B 40 32 71 24 15 NA BUILD_RES NYSE 71.98 = 1/23/2002=20 ORLY 285 95 91 99 A B 23 19 21 17 24 26 RETWHL_AUTO NASD 35.45 = 2/27/2002=20 KNGT 284 93 96 95 B A 24 22 13 29 16 18 TRANS_TRUCK NASD 29.4 = 4/22/2000=20 SLOT 283 98 90 95 A B 27 140 48 -1 -18 59 LEIS_GAMES NASD 64.59 = 1/24/2002=20 CACI 282 95 98 89 B B 17 47 27 16 20 19 COMP_SERV NASD 39.18 = 1/18/2002=20 DFXI 282 99 93 90 B A 145 48 78 53 56 52 LEIS_PRODS NASD 30.54 = 1/23/2002=20 AGY 280 96 89 95 B A 92 29 15 27 3 21 LEIS_GAMES NYSE 33.75 = 1/29/2002=20 KKD 280 98 94 88 B A 37 57 67 28 28 57 RET_REST NYSE 40.6 = 3/8/2002=20 RIT 280 99 95 86 A B 99 51 39 10 11 25 MED_HMO NYSE 68.74 = 2/12/2002=20 ACTN 278 80 99 99 A D NA 139 133 93 21 36 LEIS_TOYS NASD 34.35 = 2/1/2002=20 DNCR 277 96 94 87 B B 36 38 127 9 11 -42 MEDDEN_SERV NASD 16.04 = 3/7/2002=20 PBY 277 80 98 99 A E NA 117 243 -11 -10 NA RETWHL_AUTO NYSE 16.5 = 3/22/2002=20 DIAN 276 96 93 87 A A 26 27 45 22 18 36 MEDDEN_SERV NASD 58.99 = 2/16/2002=20 NDN 276 97 94 85 B A 25 31 24 32 26 23 RET_DISCOUNT NYSE 38.33 = 2/22/2002=20 PER 276 96 91 89 B C 27 45 25 11 8 15 COMP_SERV NYSE 19.75 = 2/6/2002=20 RYAN 276 93 95 88 B B 16 23 14 6 6 14 RET_REST NASD 21.56 = 1/31/2002=20 FRED 275 95 95 85 B B 24 27 23 17 18 18 RET_DISCOUNT NASD 37.97 = 11/14/2001=20 TTIL 275 99 95 81 A A 62 52 47 46 44 40 COMPS_ENT NASD 25.48 = 2/13/2002=20 UOPX 275 99 89 87 C A 80 43 83 78 90 53 INTNET-ECOMM NASD 34.85 = 12/19/2001=20 ALLY 274 80 99 95 B - NA 100 850 9 10 44 LEIS_GAMES NASD 28.72 = 1/11/2002=20 EBAY 274 96 91 87 B A 25 71 200 71 84 124 INTNET-ECOMM NASD = 66.59 1/18/2002=20 ASCA 273 80 98 95 B B NA 999 999 93 85 794 LEIS_GAMES NASD 22.3 = 3/12/2002=20 ANSS 272 95 96 81 B A 69 29 16 24 28 NA COMPS_ENT NASD 26.3 = 2/6/2002=20 UTSI 272 99 95 78 A A 133 33 88 59 85 48 TELE_EQUIP NASD 28.28 = 1/25/2002=20 CPRT 271 99 93 79 B A 33 38 53 26 34 25 COMM_MISC NASD 35 = 2/26/2002=20 WGO 271 88 95 88 B C 52 41 -19 8 -8 10 BUILD_RV NYSE 35.59 = 12/13/2001=20 FCN 270 93 98 79 A A 17 42 27 22 22 25 COMM_MISC NYSE 32.11 = 2/14/2002=20 POSS 269 80 98 91 B D NA 136 125 46 43 NA MED_PRODS NASD 19 = 2/14/2002=20 ASIA 267 80 91 96 B C NA 700 500 62 -58 NA INTNET-NTWK NASD = 18.47 1/18/2002=20 AMHC 266 80 99 87 A C 1 100 175 48 59 135 MEDDEN_SERV NASD 36.35 = 12/21/2001=20 BREL 266 80 99 87 A C NA 550 233 29 17 267 MEDDEN_SERV NASD = 36.41 2/27/2002=20 ELBO 266 90 95 81 B B 23 83 NA 6 39 71 RET_ELECT NASD 41.93 = 3/15/2002=20 CPWR 264 92 91 81 B C 15 67 33 -13 -13 7 COMPS_ENT NASD 13.5 = 1/23/2002=20 MCAF 262 80 99 83 A D NA 167 125 29 21 NA COMPS_SECURE NASD 32.4 = 1/23/2002=20 APOG 261 80 97 84 A D NA 140 186 -11 -14 83 BUILD_PRODS NASD = 17.01 12/21/2001=20 CHS 258 97 94 67 B A 90 48 61 48 64 42 RET_CLOTHES NYSE 36.2 = 11/29/2001=20 SRCL 257 98 90 69 A B 61 36 35 13 11 28 POLUTE_SERVICE NASD = 61.64 2/26/2002=20 FLIR 254 80 99 75 B D NA 130 180 19 -2 NA ELEC_SCI NASD 44 = 4/3/2002=20 IDPH 249 99 70 80 B A 61 45 67 63 66 64 MED_BIO NASD 67.7 = 1/29/2002=20 AMMD 247 80 85 82 B C NA 400 225 22 13 999 MED_INST NASD 19.15 = 1/30/2002=20 BPRX 244 80 99 65 A A NA 100 200 42 45 - MED_ETH NASD 17.57 = 3/1/2002=20 GG 229 80 89 60 A C NA 1400 357 103 434 NA METAL_GOLD NYSE 12.4 = 2/26/2002=20 Tim Fisher Ore-ROCK-On Rockhounding Web Site Pacific Fishery Biologists Information mailto:tim@OreRockOn.com WWW http://OreRockOn.com=20 - ------=_NextPart_000_0293_01C1855E.1F513400 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Tim, I am unable to get this data from = HGS, did=20 you combine HGS and IBD data to generate this list? HGS does not have = letters=20 for A/D and doesn't have SMR.
 
Lastly, I assume that you 'gathered' = the top ERG=20 stocks and didn't use any of the 'other' columns as scan criteria.... = and then=20 added the IBD data to the list????
 
Thanks,
Gene
 
----- Original Message -----
From:=20 Tim = Fisher=20
Sent: Saturday, December 15, = 2001 9:21=20 AM
Subject: [CANSLIM] HGS Watch = List

Here it is.
Stock ERG E R G A/D SMR Growth Curr Earn Prev Earn Curr Sales Prev Sales Proj Earn Group Exchange Price EPS Due
AZO 293 96 98 99 B A 17 65 27 11 10 29 RETWHL_AUTO NYSE 73.5 2/27/2002
GPI 293 98 97 98 B B 35 39 26 7 8 21 RET_MISC NYSE 31.75 2/15/2002
MIK 292 98 96 98 A B 38 27 50 16 12 22 RET_MISC NYSE 31.8 3/7/2002
MNTG 287 96 96 95 B A 52 32 18 24 29 46 LEIS_GAMES NASD 13.5 3/20/2002
BZH 285 98 93 94 A B 40 32 71 24 15 NA BUILD_RES NYSE 71.98 1/23/2002
ORLY 285 95 91 99 A B 23 19 21 17 24 26 RETWHL_AUTO NASD 35.45 2/27/2002
KNGT 284 93 96 95 B A 24 22 13 29 16 18 TRANS_TRUCK NASD 29.4 4/22/2000
SLOT 283 98 90 95 A B 27 140 48 -1 -18 59 LEIS_GAMES NASD 64.59 1/24/2002
CACI 282 95 98 89 B B 17 47 27 16 20 19 COMP_SERV NASD 39.18 1/18/2002
DFXI 282 99 93 90 B A 145 48 78 53 56 52 LEIS_PRODS NASD 30.54 1/23/2002
AGY 280 96 89 95 B A 92 29 15 27 3 21 LEIS_GAMES NYSE 33.75 1/29/2002
KKD 280 98 94 88 B A 37 57 67 28 28 57 RET_REST NYSE 40.6 3/8/2002
RIT 280 99 95 86 A B 99 51 39 10 11 25 MED_HMO NYSE 68.74 2/12/2002
ACTN 278 80 99 99 A D NA 139 133 93 21 36 LEIS_TOYS NASD 34.35 2/1/2002
DNCR 277 96 94 87 B B 36 38 127 9 11 -42 MEDDEN_SERV NASD 16.04 3/7/2002
PBY 277 80 98 99 A E NA 117 243 -11 -10 NA RETWHL_AUTO NYSE 16.5 3/22/2002
DIAN 276 96 93 87 A A 26 27 45 22 18 36 MEDDEN_SERV NASD 58.99 2/16/2002
NDN 276 97 94 85 B A 25 31 24 32 26 23 RET_DISCOUNT NYSE 38.33 2/22/2002
PER 276 96 91 89 B C 27 45 25 11 8 15 COMP_SERV NYSE 19.75 2/6/2002
RYAN 276 93 95 88 B B 16 23 14 6 6 14 RET_REST NASD 21.56 1/31/2002
FRED 275 95 95 85 B B 24 27 23 17 18 18 RET_DISCOUNT NASD 37.97 11/14/2001
TTIL 275 99 95 81 A A 62 52 47 46 44 40 COMPS_ENT NASD 25.48 2/13/2002
UOPX 275 99 89 87 C A 80 43 83 78 90 53 INTNET-ECOMM NASD 34.85 12/19/2001
ALLY 274 80 99 95 B - NA 100 850 9 10 44 LEIS_GAMES NASD 28.72 1/11/2002
EBAY 274 96 91 87 B A 25 71 200 71 84 124 INTNET-ECOMM NASD 66.59 1/18/2002
ASCA 273 80 98 95 B B NA 999 999 93 85 794 LEIS_GAMES NASD 22.3 3/12/2002
ANSS 272 95 96 81 B A 69 29 16 24 28 NA COMPS_ENT NASD 26.3 2/6/2002
UTSI 272 99 95 78 A A 133 33 88 59 85 48 TELE_EQUIP NASD 28.28 1/25/2002
CPRT 271 99 93 79 B A 33 38 53 26 34 25 COMM_MISC NASD 35 2/26/2002
WGO 271 88 95 88 B C 52 41 -19 8 -8 10 BUILD_RV NYSE 35.59 12/13/2001
FCN 270 93 98 79 A A 17 42 27 22 22 25 COMM_MISC NYSE 32.11 2/14/2002
POSS 269 80 98 91 B D NA 136 125 46 43 NA MED_PRODS NASD 19 2/14/2002
ASIA 267 80 91 96 B C NA 700 500 62 -58 NA INTNET-NTWK NASD 18.47 1/18/2002
AMHC 266 80 99 87 A C 1 100 175 48 59 135 MEDDEN_SERV NASD 36.35 12/21/2001
BREL 266 80 99 87 A C NA 550 233 29 17 267 MEDDEN_SERV NASD 36.41 2/27/2002
ELBO 266 90 95 81 B B 23 83 NA 6 39 71 RET_ELECT NASD 41.93 3/15/2002
CPWR 264 92 91 81 B C 15 67 33 -13 -13 7 COMPS_ENT NASD 13.5 1/23/2002
MCAF 262 80 99 83 A D NA 167 125 29 21 NA COMPS_SECURE NASD 32.4 1/23/2002
APOG 261 80 97 84 A D NA 140 186 -11 -14 83 BUILD_PRODS NASD 17.01 12/21/2001
CHS 258 97 94 67 B A 90 48 61 48 64 42 RET_CLOTHES NYSE 36.2 11/29/2001
SRCL 257 98 90 69 A B 61 36 35 13 11 28 POLUTE_SERVICE NASD 61.64 2/26/2002
FLIR 254 80 99 75 B D NA 130 180 19 -2 NA ELEC_SCI NASD 44 4/3/2002
IDPH 249 99 70 80 B A 61 45 67 63 66 64 MED_BIO NASD 67.7 1/29/2002
AMMD 247 80 85 82 B C NA 400 225 22 13 999 MED_INST NASD 19.15 1/30/2002
BPRX 244 80 99 65 A A NA 100 200 42 45 - MED_ETH NASD 17.57 3/1/2002
GG 229 80 89 60 A C NA 1400 357 103 434 NA METAL_GOLD NYSE 12.4 2/26/2002


Tim Fisher
Ore-ROCK-On Rockhounding = Web=20 Site
Pacific Fishery Biologists Information
mailto:tim@OreRockOn.com
WWW http://OreRockOn.com=20

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