From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #2074 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, January 23 2002 Volume 02 : Number 2074 In this issue: Re: [CANSLIM] KMart vs Enron Re: [CANSLIM] WDFC - Market needs a little lubrication ... Re: [CANSLIM] KMart vs Enron AW: [CANSLIM] Panic attack ... Re: [CANSLIM] WDFC - Market needs a little lubrication ... Re: AW: [CANSLIM] PSFT: More accounting shenanigans? Re: [CANSLIM] KMart vs Enron Re: [CANSLIM] WDFC - Market needs a little lubrication ... [CANSLIM] Kmart has a place Re: [CANSLIM] Kmart has a place Re: [CANSLIM] Panic attack ... [CANSLIM] HTMMIS slips publication date [CANSLIM] ELTE ---------------------------------------------------------------------- Date: Tue, 22 Jan 2002 14:07:42 -0700 From: "Patrick Wahl" Subject: Re: [CANSLIM] KMart vs Enron Yeah but -you can certainly also make an argument for large and mid-cap companies. First, the financial shenanigans are very much the exception, not the rule. Also, larger companies are going to have a broader range of companies as customers, a broader product line, less dependent on any one company as customer or a single product that might go out of favor, less likely to have a competitor enter the market and kill their margins. I would also like to add that a larger company is under closer scrutiny, more analysts following it, harder to hide things, but I'm afraid I can't. I think we've seen for at least two years that analysts just rubber stamp whatever a company passes along to them, they do very little investigative work or original thinking, it appears. On 22 Jan 2002 at 11:27, Tom Worley wrote: > With KM down 54% just for today, and 94% since its last high on 8/8/01, who can you trust anymore in the executive level of corporations. Today makes me glad I stick to my small caps, where a rumored buyout finally official gave me a 10% gain on one stock, and a new contract gave me 13% on another. Big caps are just too big and complicated for the likes of me. At least I make money for the day. > > Tom Worley > stkguru@netside.net > AIM: TexWorley > - - - -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, 22 Jan 2002 14:07:41 -0700 From: "Patrick Wahl" Subject: Re: [CANSLIM] WDFC - Market needs a little lubrication ... Its now at a natural place to stall or reverse, that is, the old high. I suppose the risk is not too high, the recent low should be a sort of support level. I think maybe if I were thinking of buying it, I'd give it a few days at this level and see if there is a bit of pullback or pause right here, I hate buying something that has already had a bit of a run, even if it is only 3 points. On 22 Jan 2002 at 10:43, Ian wrote: > I hesitated buying WDFC at $25.50 3 days ago when it put in a nice intra-base double-bottom just above its 50 day. Its catching a litle attention today. Opinions? > > Ian > - - - -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, 22 Jan 2002 17:44:32 -0500 From: "Tom Worley" Subject: Re: [CANSLIM] KMart vs Enron Patrick, I would like to believe you are correct that financial shenanigans are very much the exception. However, they do seem to be showing up more, and in the example given by Katherine with PSFT, often much harder to detect. I cannot help but wonder how many more examples are out there just waiting to be revealed / discovered. I am hoping that the fall from grace of Andersen makes other accounting firms more nervous and careful, and do more than just make sure they dot their i's and cross their t's. But even so, I question whether it will last more than a few quarters. Maybe we need more bloodthirsty investigative business reporting, drooling to rip a company apart. I remember the good ole days, when the slightest questionable business practice usually showed up in the media eventually. Scandal and embarrassment is a great deterrent. I no longer believe that I can rely on analysts, nor that the more analysts the better. Frankly, I trust little aside from my own analysis, and communications with corporate officials. I recall one analyst some years ago who discovered that a company was doing underwritings, then booking the money raised as revenues from its European subsidiary (College Bound??), thereby inflating its overall sales figures. His reward for this discovery? He got fired from his firm, even though less than a year later he was proven correct. I have heard nothing from him since then. I hope he is doing well, but suspect his industry treated him very poorly despite his honesty. Tom Worley stkguru@netside.net AIM: TexWorley - ----- Original Message ----- From: "Patrick Wahl" To: Sent: Tuesday, January 22, 2002 4:07 PM Subject: Re: [CANSLIM] KMart vs Enron > Yeah but -you can certainly also make an argument for large and mid-cap > companies. First, the financial shenanigans are very much the exception, not the > rule. Also, larger companies are going to have a broader range of companies as > customers, a broader product line, less dependent on any one company as > customer or a single product that might go out of favor, less likely to have a > competitor enter the market and kill their margins. I would also like to add that a > larger company is under closer scrutiny, more analysts following it, harder to hide > things, but I'm afraid I can't. I think we've seen for at least two years that analysts > just rubber stamp whatever a company passes along to them, they do very little > investigative work or original thinking, it appears. > > On 22 Jan 2002 at 11:27, Tom Worley wrote: > > > With KM down 54% just for today, and 94% since its last high on 8/8/01, who can you trust anymore in the executive level of corporations. Today makes me glad I stick to my small caps, where a rumored buyout finally official gave me a 10% gain on one stock, and a new contract gave me 13% on > another. Big caps are just too big and complicated for the likes of me. At least I make money for the day. > > Tom Worley > stkguru@netside.net > AIM: TexWorley > > > > > - > -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, 23 Jan 2002 00:54:40 +0100 From: Andreas Himmelreich Subject: AW: [CANSLIM] Panic attack ... Well today another Diss Day and there are not a lot of Groups left holding up ... > -----Ursprungliche Nachricht----- > Von: Spencer48@aol.com [SMTP:Spencer48@aol.com] > Gesendet am: Tuesday, January 22, 2002 9:55 PM > An: canslim@lists.xmission.com > Betreff: Re: [CANSLIM] Panic attack ... > > Ian: > > I'd like to follow the ARMS index (esp. the 10 MA of it); I've heard and > read in many places that it has a very nice record. > > Ian, where do you go to follow it? If it's a pay site, do you know of a > free one that carries the ARMs index? > > jans > > > In a message dated 1/22/2002 1:17:25 PM Eastern Standard Time, ianstm@shaw.ca > writes: > > << The 10 day ARMS index (TRIN) got up to 1.5 again last week. It used to > have huge historical significance in indicating that a major bottom was to be > put in within 20 trading days. It has now happened 4 times in the past year > alone. > > I don't pretend to know what it means, but there certainly has been a > considerable amount of panic over the last 2 weeks. > > Ian > > >> > > - > -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, 22 Jan 2002 18:55:08 -0500 From: "Tom Worley" Subject: Re: [CANSLIM] WDFC - Market needs a little lubrication ... The risks, as I see it, are that three of the past 4 qtrs showed declining earnings YoY. And sales appear pretty stagnant. When you think of their business, what reason is there for substantial expansion until / unless the economy starts booming? Tom Worley stkguru@netside.net AIM: TexWorley - ----- Original Message ----- From: "Patrick Wahl" To: Sent: Tuesday, January 22, 2002 4:07 PM Subject: Re: [CANSLIM] WDFC - Market needs a little lubrication ... > Its now at a natural place to stall or reverse, that is, the old high. I suppose the risk > is not too high, the recent low should be a sort of support level. I think maybe if I > were thinking of buying it, I'd give it a few days at this level and see if there is a bit > of pullback or pause right here, I hate buying something that has already had a bit > of a run, even if it is only 3 points. > > On 22 Jan 2002 at 10:43, Ian wrote: > > > I hesitated buying WDFC at $25.50 3 days ago when it put in a nice intra-base double-bottom just above its 50 day. Its catching a litle attention today. Opinions? > > > > Ian > > > > > > - > -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, 22 Jan 2002 17:29:34 -0500 From: "Tom Worley" Subject: Re: AW: [CANSLIM] PSFT: More accounting shenanigans? The only thing I can add is that I avoid retailers in a recessionary cycle. By last summer, it was apparent the economy was slowing sharply, even into recession. And unemployment was increasing. The only valid argument I could see then as to why KM, or any other discounting retailer, would be able to expand sales was from cost conscious shoppers. Even so, it was easy to assume that profit margins would be getting squeezed as wholesalers tried to protect their profits. Tom Worley stkguru@netside.net AIM: TexWorley - ----- Original Message ----- From: To: Sent: Tuesday, January 22, 2002 3:48 PM Subject: Re: AW: [CANSLIM] PSFT: More accounting shenanigans? > Tom: > > To me, before the August downtrend began, K-Mart (as to Andreas) didn't > look REALLY bad-chart wise. So, assuming the chart looked nice, why > shouldn't one have gone with K-Mart in the summer of 2001. > > The EARNINGS were horrible. I imagine 2001's projected earnings were > 50% down. And the quarterly earnings seem to go into negative growth. > Moreover, sales were not at all that robust. Today ROE is 3% in DGO-it > probably wasn't much different in the summer. And I can't imagine WON > declaring-based on the fundamental stats I just adduced: "K-Mart is one > hellacious of a CANSLIM stock." > > jans > > In a message dated 1/22/2002 12:04:51 PM Eastern Standard Time, > judgejimmy@web.de writes: > > << Know and use technical sell rules. > > KM fundamentally did not look that bad (at least the public did not think > about > bankrupt) until just before Christmas. > > But way before the technicall sell rules applied. > GAP Down on record Volume, leaving a trading range occoured on 8/24. > Well, then you should go out. > > But I know that the average Joe, who only has a 401k and invests only > for retirement without the knowlege and time we have cant make that call > and I feel really sorry for them. > > But then, do not play a game you do not know, go into index or mutal funds > ... > > > -----Ursprungliche Nachricht----- > > Von: Tom Worley [SMTP:stkguru@netside.net] > > Gesendet am: Tuesday, January 22, 2002 5:52 PM > > An: canslim@lists.xmission.com > > Betreff: Re: [CANSLIM] PSFT: More accounting shenanigans? > > > > so, how can small investors detect, much less avoid, these kinds of slick > tricks? > > > > Tom Worley >> > > - > -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, 22 Jan 2002 20:21:55 -0700 From: "Patrick Wahl" Subject: Re: [CANSLIM] KMart vs Enron On 22 Jan 2002 at 17:44, Tom Worley wrote: > I no longer believe that I can rely on analysts, nor that the more analysts > the better. Frankly, I trust little aside from my own analysis, and > communications with corporate officials. I recall one analyst some years ago > who discovered that a company was doing underwritings, then booking the > money raised as revenues from its European subsidiary (College Bound??), > thereby inflating its overall sales figures. His reward for this discovery? > He got fired from his firm, even though less than a year later he was proven > correct. I have heard nothing from him since then. I hope he is doing well, > but suspect his industry treated him very poorly despite his honesty. > I never thought too much of analysts in the first place, I never thought they really understood markets and stock price movement, but I did think they probably understood the industries they covered. However, after the technology meltdown we had in the last 2 years with almost none of it foreseen by any analysts, now I don't even think analysts necessarily have a very deep understanding of the industry they cover. (And a few weeks ago on some radio show, I heard that there were still analysts recommending Enron right up to the day they went broke, some with earnings estimates of $1.20 a share for this year) I've heard other stories about analysts blowing the whistle and getting in trouble, I think it happened a few years ago when someone questioned Trump's company and the soundness of its debt, think he may have gotten fired. So anyway, the point is you can't expect the financial industry to blow the whistle on anyone. - - - -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, 22 Jan 2002 22:52:43 EST From: Spencer48@aol.com Subject: Re: [CANSLIM] WDFC - Market needs a little lubrication ... Ian: I see a double bottom, but I don't view this type as the kind of W-formation that WON (or IBD) writes about. This is a nice value stock (as far as PEG and PE go). However, the last three quarters of minus growth makes me leery. On the other hand, if it makes its projected annual EPS (according to DGO's figures) then it should make plus growth per quarter. What makes me think that the per cent growth could be in the +20's is that WFDC beat it's projected 2001 annual EPS. As far as the chart: as I said this doesn't look like the type of double bottom that is a winner. However, it is making a nice cup. There is no handle, as of yet, though. I don't believe the market is strong enough to propel such a chart formation. I am a great believer in your recently adduced 10-day TRIN (thanks to Katherine for sending me the smartcharts.com site). Ten day TRIN is now about 1.5. I believe that, with the market being what it is now, and TRIN saying that the market will shoot upwards in 20 days, a handle will be forthcoming around the twenty day time. I' think I'll put it on my Watchlist, and see what happens during the 20 days. Thanks for the heads up. I think it could very well turn into a winner. jans In a message dated 1/22/2002 4:07:33 PM Eastern Standard Time, pjwahl@attbi.com writes: << On 22 Jan 2002 at 10:43, Ian wrote: > I hesitated buying WDFC at $25.50 3 days ago when it put in a nice intra-base double-bottom just above its 50 day. Its catching a litle attention today. Opinions? > > Ian >> - - - -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, 23 Jan 2002 00:12:36 -0600 From: Ronald 9 Davis Subject: [CANSLIM] Kmart has a place This is a multi-part message in MIME format. - ------=_NextPart_000_0083_01C1A3A2.A926B440 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable My parents live in Clinton Oklahoma where the local Kmart is the only = game in town. If there are enough Clintons around the country, they can = survive on a greatly reduced scale. - ------=_NextPart_000_0083_01C1A3A2.A926B440 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
My parents live in Clinton Oklahoma = where the=20 local Kmart is the only game in town.  If there are enough = Clintons=20 around the country, they can survive on a greatly reduced=20 scale.
- ------=_NextPart_000_0083_01C1A3A2.A926B440-- - - - -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, 23 Jan 2002 08:09:10 -0600 From: "Katherine Malm" Subject: Re: [CANSLIM] Kmart has a place This is a multi-part message in MIME format. - ------=_NextPart_000_0084_01C1A3E5.3CF4D0C0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Good point Ron. It's hard to believe that there's not a Walmart in = town...I thought they had taken over the world! When I see a company like KMart, I often think of Montgomery Wards. At = one time *they* were the only department store in many towns, but after = many years of bungled attempts at restructuring and being tossed around = from owner to owner like a hot potato, they finally gave up the ghost. = Other businesses eventually came in to fill the void in places where = MonkeyWards was all that was available. Katherine ----- Original Message -----=20 From: Ronald 9 Davis=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, January 23, 2002 12:12 AM Subject: [CANSLIM] Kmart has a place My parents live in Clinton Oklahoma where the local Kmart is the only = game in town. If there are enough Clintons around the country, they can = survive on a greatly reduced scale. - ------=_NextPart_000_0084_01C1A3E5.3CF4D0C0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Good point Ron. It's hard to believe that there's not a Walmart in = town...I=20 thought they had taken over the world!
 
When I see a company like KMart, I often think of Montgomery Wards. = At one=20 time *they* were the only department store in many towns, but after many = years=20 of bungled attempts at restructuring and being tossed around from owner = to owner=20 like a hot potato, they finally gave up the ghost. Other businesses = eventually=20 came in to fill the void in places where MonkeyWards was all that was=20 available.
 
Katherine
----- Original Message -----
From:=20 Ronald 9=20 Davis
Sent: Wednesday, January 23, = 2002 12:12=20 AM
Subject: [CANSLIM] Kmart has a=20 place

My parents live in Clinton Oklahoma = where the=20 local Kmart is the only game in town.  If there are enough = Clintons=20 around the country, they can survive on a greatly reduced=20 scale.
- ------=_NextPart_000_0084_01C1A3E5.3CF4D0C0-- - - - -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, 23 Jan 2002 10:58:10 -0600 From: "walter nusbaum" Subject: Re: [CANSLIM] Panic attack ... This is a multi-part message in MIME format. - ------=_NextPart_000_0014_01C1A3FC.D8AEB960 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Ian, "Stock Market Cycles" was rated "F" in up markets and A+ in down markets = with an annualized gain of 4.6% since 5/31/90(sic), according to = Forbes(22 JAN 01); not exactly the kind of numbers that inspire = confidence. At any rate, there is nothing in the theory or construction = of TRIN that allows for speculation as to the degree of market change. = It is a great market reversal indicator and that's all. According to = Elder, the market can stay over bought/sold for some time and the time = to take action is immediately after TRIN makes a reversal off its = high/low reading and re-penetrates the overbought or oversold line.(The = Equis link says to buy/sell upon reaching the line, which is a specific = number. Elder's recommendation puts you in sync with the new trend. I = don't know what TRIN was doing during the debacle of 2000, but I = suspect(using the Equis standard) it gave buy signals loooong before = their time). The lines themselves should be revisited, and redrawn if necessary, = every three months based upon the interaction of TRIN and the Index that = is being used. The lines indicate areas of concern and specific numbers = above or below the lines have little meaning. TRIN can not be used = mechanically- the same readings mean different things under different = market conditions(Bull/Bear). TRIN gives its best buy/sell signals when = divergence from the Index being used is observed and when used in = combination with the New High-New Low Index.=20 Having said all that, 1.5 is a doozy of a number and will probably be = followed by a downturn. I know nothing, but have little confidence in a = return of the Bull for many moons. The automobile industry with its = attendant suppliers such as steel, glass, rubber, plastics, etc., has = been trashed; housing has typically propelled the new Bull, but housing = has already had its own run with little effect on the overall market. = Consumer Confidence would seem to be a bright spot, but it probably is = the result of lower mortgage payments due to massive refinancing and = bargains picked up by consumers at the expense of the producers, the = very folks that we look to for increased earnings. There's more, but = this grows lengthy so I'll shut up. Thanks for your note. Best wishes, Walt =20 ----- Original Message -----=20 From: Ian=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, January 22, 2002 12:32 PM Subject: [CANSLIM] Panic attack ... Here's a very interesting recent quote from Peter Eliades of Stock = Market Cycles: "At the end of todays trading, we noticed that the lowest = single day TRIN reading over the past 10 trading days was 1.143. That = seemed unusual to us, so we asked the computer to look back over the = past 61 years (since 1940) to find out how many other 10 day periods had = transpired without one single day reading below 1.14. We were stunned at = the answer! The answer is none." The 10 day ARMS index (TRIN) got up to 1.5 again last week. It used to = have huge historical significance in indicating that a major bottom was = to be put in within 20 trading days. It has now happened 4 times in the = past year alone. I don't pretend to know what it means, but there certainly has been a = considerable amount of panic over the last 2 weeks. Ian PS - Here is a quick overview of the ARMS index that someone asked = for: http://www.equis.com/free/taaz/armsindex.html - ------=_NextPart_000_0014_01C1A3FC.D8AEB960 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Ian,
"Stock Market Cycles" was rated "F" in up markets = and A+ in=20 down markets with an annualized gain of 4.6% since = 5/31/90(sic), according=20 to Forbes(22 JAN 01); not exactly the kind of numbers = that inspire=20 confidence. At any rate, there is nothing in the theory or = construction of=20 TRIN that allows for speculation as to the degree of market change. It = is a=20 great market reversal indicator and that's all. According to Elder, = the=20 market can stay over bought/sold for some time and the time to take = action is=20 immediately after TRIN makes a reversal off its high/low reading and=20 re-penetrates the overbought or oversold line.(The Equis link says = to=20 buy/sell upon reaching the line, which is a specific number. Elder's=20 recommendation puts you in sync with the new trend. I don't know what = TRIN was=20 doing during the debacle of 2000, but I suspect(using the Equis=20 standard) it gave buy signals loooong before their = time).
 
The lines themselves should be revisited, and = redrawn if=20 necessary, every three months based upon the interaction of TRIN and the = Index=20 that is being used. The lines indicate areas of concern = and specific=20 numbers above or below the lines have little meaning. TRIN can not = be used=20 mechanically- the same readings mean different things under different = market=20 conditions(Bull/Bear). TRIN gives its best = buy/sell=20 signals when divergence from the Index being used is observed and when = used=20 in combination with the New High-New Low Index.
 
Having said all that, 1.5 is a doozy of a number = and will=20 probably be followed by a downturn. I know nothing, but have little = confidence in a return of the Bull for many moons. The automobile = industry with=20 its attendant suppliers such as steel, glass, rubber, plastics, etc., = has been=20 trashed; housing has typically propelled the new Bull, but = housing has=20 already had its own run with little effect on the overall market. = Consumer=20 Confidence would seem to be a bright spot, but it probably is the result = of=20 lower mortgage payments due to massive refinancing and bargains picked = up by=20 consumers at the expense of the producers, the very folks that we look = to for=20 increased earnings. There's more, but this grows lengthy so I'll = shut up.=20 Thanks for your note.
Best wishes,
Walt
    
----- Original Message -----
From:=20 Ian =
Sent: Tuesday, January 22, 2002 = 12:32=20 PM
Subject: [CANSLIM] Panic attack = ...

Here's a very interesting recent quote from Peter = Eliades of=20 Stock Market Cycles: "At the end of todays trading, we noticed that = the lowest=20 single day TRIN reading over the past 10 trading days was 1.143. That = seemed=20 unusual to us, so we asked the computer to look back over the past 61 = years=20 (since 1940) to find out how many other 10 day periods had transpired = without=20 one single day reading below 1.14. We were stunned at the answer! The = answer=20 is none."
 
The 10 day ARMS index (TRIN) got up to 1.5 again = last week.=20 It used to have huge historical significance in indicating that a = major bottom=20 was to be put in within 20 trading days. It has now happened 4 times = in the=20 past year alone.
 
I don't pretend to know what it means, but there = certainly=20 has been a considerable amount of panic over the last 2 = weeks.
 
Ian
 
 
PS - Here is a quick overview of the ARMS index = that someone=20 asked for: http://www.equis.c= om/free/taaz/armsindex.html
- ------=_NextPart_000_0014_01C1A3FC.D8AEB960-- - - - -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, 23 Jan 2002 14:19:42 -0500 From: dave.bigham@us.abb.com Subject: [CANSLIM] HTMMIS slips publication date Well, it looks like HTMMIS's next edition won't be released until 6/1/2000. At least that's what Amazon is saying. - - - -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, 23 Jan 2002 20:41:18 -0500 From: "Tom Worley" Subject: [CANSLIM] ELTE This is a multi-part message in MIME format. - ------=_NextPart_000_008D_01C1A44E.4EE1F4C0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Nice move today on volume, but didn't pass the pivot. I picked up more = for my VR fund based solely on TA (Technical Analysis) using MACD, OBV, = and MF (Moving Average Convergence Divergence, On Balance Volume, Money = Flow). Trying to regain my former discipline while I have some time off = and improve my timing. Tom Worley stkguru@netside.net AIM: TexWorley - ------=_NextPart_000_008D_01C1A44E.4EE1F4C0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Nice move today on volume, but didn't pass the = pivot. I=20 picked up more for my VR fund based solely on TA (Technical Analysis) = using=20 MACD, OBV, and MF (Moving Average Convergence Divergence, On Balance = Volume,=20 Money Flow). Trying to regain my former discipline while I have some = time off=20 and improve my timing.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
- ------=_NextPart_000_008D_01C1A44E.4EE1F4C0-- - - - -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 #2074 ****************************** 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.