From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #2125 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, February 16 2002 Volume 02 : Number 2125 In this issue: Re: [CANSLIM] Lack of Buy Candidates AW: [CANSLIM] Lack of Buy Candidates AW: [CANSLIM] Lack of Buy Candidates AW: [CANSLIM] Lack of Buy Candidates AW: [CANSLIM] MTH AW: [CANSLIM] Lack of Buy Candidates AW: [CANSLIM] Lack of Buy Candidates Re: [CANSLIM] Lack of Buy Candidates ---------------------------------------------------------------------- Date: Sat, 16 Feb 2002 01:28:27 -0500 From: "Tom Worley" Subject: Re: [CANSLIM] Lack of Buy Candidates This is a multi-part message in MIME format. - ------=_NextPart_000_009B_01C1B689.3C2420E0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable no oxymoron, just experience and knowing where I can afford to bend / = break the rules. I have long held that the greatest value of CANSLIM is the ability to = tailor it to the investor's experience, risk tolerance, effort, = interests, etc. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: David Squires=20 To: canslim@lists.xmission.com=20 Sent: Saturday, February 16, 2002 1:17 AM Subject: Re: [CANSLIM] Lack of Buy Candidates >>I netted 76% for the full year, so yeah, I made a net profit.<< Well, I guess I'm applying for membership to the Worley wannbe club = then. I for one would like to know how you did it?=20 >>While I routinely violate CANSLIM rules, nonetheless my entire = process is heavily based in CANSLIM<< An oxymoron. DSquires ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Friday, February 15, 2002 11:19 PM Subject: Re: [CANSLIM] Lack of Buy Candidates While I routinely violate CANSLIM rules, nonetheless my entire = process is heavily based in CANSLIM. And I netted 76% for the full year, = so yeah, I made a net profit. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: David Squires=20 To: canslim@lists.xmission.com=20 Sent: Saturday, February 16, 2002 12:11 AM Subject: Re: [CANSLIM] Lack of Buy Candidates haven't shorted in years, fully invested year round, made lots of = $$ last year, and profitable so far this year (including my fully = margined account). >>fully invested year round, made lots of $$ last year<< You were fully invested last year long and made a net profit? You = better call George Soros! BTW, is this even remotely CANSLIM. DSquires ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Friday, February 15, 2002 10:47 PM Subject: Re: [CANSLIM] Lack of Buy Candidates haven't shorted in years, fully invested year round, made lots = of $$ last year, and profitable so far this year (including my fully = margined account). Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Dan Forant=20 To: canslim@lists.xmission.com=20 Sent: Friday, February 15, 2002 8:03 PM Subject: Re: [CANSLIM] Lack of Buy Candidates Of course it's absurd. If anyone's been in the market for the = past year and hasn't shorted and made $$, they are either very lucky or = far better than the average investor. There was no shortage of stocks to = short in TC2000 and candlesticks.=20 L8ter DanF ----- Original Message -----=20 From: Ian=20 To: canslim@lists.xmission.com=20 Sent: Friday, February 15, 2002 11:13 AM Subject: Re: [CANSLIM] Lack of Buy Candidates I find it almost absurd that WON discourages shorting. = Almost all of WON's ideas appear to have originated with Jesse = Livermore, who made the bulk of his money on the short side. The rules = for selling a big CANSLIM winner make for perfect short candidates. = Although selling a failed breakout as it returns into its base is NOT = typically a good short candidate. JMHO. Ian ----- Original Message -----=20 From: Rob Miller=20 To: canslim@lists.xmission.com=20 Sent: Friday, February 15, 2002 6:40 AM Subject: [CANSLIM] Lack of Buy Candidates Even if we have a FTD from here, I see few stocks worth = buying. However, my short list is overflowing. The only moderately = attractive stocks I see on the long side are those already in an uptrend = that are riding their lower channel. Is shorting considered off limits for this list? I know = that WON discourages it, but he also claimed to make good money from = shorts in HTMMIS. As I understand it, he discourages it as a medium for = the masses, nor necessarily for everyone. =20 Rob =20 - ------=_NextPart_000_009B_01C1B689.3C2420E0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
no oxymoron, just experience and knowing where I = can=20 afford to bend / break the rules.
 
I have long held that the greatest value of = CANSLIM is the=20 ability to tailor it to the investor's experience, risk tolerance, = effort,=20 interests, etc.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 David = Squires=20
To: canslim@lists.xmission.com=
Sent: Saturday, February 16, = 2002 1:17=20 AM
Subject: Re: [CANSLIM] Lack of = Buy=20 Candidates

>>I netted 76% for the full year, so = yeah, I made=20 a net profit.<<
 
Well, I guess I'm applying for = membership to the=20 Worley wannbe club then. I for one would like to know how you did it?=20
 
>>While I routinely violate CANSLIM = rules,=20 nonetheless my entire process is heavily based in = CANSLIM<<
 
An oxymoron.
 
DSquires
----- Original Message -----
From:=20 Tom=20 Worley
Sent: Friday, February 15, = 2002 11:19=20 PM
Subject: Re: [CANSLIM] Lack = of Buy=20 Candidates

While I routinely violate CANSLIM rules, = nonetheless=20 my entire process is heavily based in CANSLIM. And I netted 76% for = the full=20 year, so yeah, I made a net profit.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message ----- =
From:=20 David=20 Squires
To: canslim@lists.xmission.com= =20
Sent: Saturday, February = 16, 2002=20 12:11 AM
Subject: Re: [CANSLIM] Lack = of Buy=20 Candidates

haven't shorted in years, fully invested = year round,=20 made lots of $$ last year, and profitable so far this year = (including my=20 fully margined account).
 
>>fully invested year round, made = lots of $$=20 last year<<
 
You were fully invested last year long and = made a=20 net profit? You better call George Soros! BTW, is this even = remotely=20 CANSLIM.
 
DSquires
----- Original Message ----- =
From:=20 Tom=20 Worley
To: canslim@lists.xmission.com= =20
Sent: Friday, February = 15, 2002=20 10:47 PM
Subject: Re: [CANSLIM] = Lack of Buy=20 Candidates

haven't shorted in years, fully invested = year=20 round, made lots of $$ last year, and profitable so far this = year=20 (including my fully margined account).
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message ----- =
From:=20 Dan=20 Forant
To: canslim@lists.xmission.com= =20
Sent: Friday, February = 15, 2002=20 8:03 PM
Subject: Re: [CANSLIM] = Lack of=20 Buy Candidates

Of course it's absurd. If = anyone's been=20 in the market for the past year and hasn't shorted and made = $$, they=20 are either very lucky or far better than the average investor. = There=20 was no shortage of stocks to short in TC2000 and candlesticks. =
 
L8ter
DanF
----- Original Message ----- =
From:=20 Ian
To: canslim@lists.xmission.com= =20
Sent: Friday, = February 15, 2002=20 11:13 AM
Subject: Re: = [CANSLIM] Lack of=20 Buy Candidates

I find it almost absurd that WON = discourages=20 shorting. Almost all of WON's ideas appear to have = originated with=20 Jesse Livermore, who made the bulk of his money on the short = side.=20 The rules for selling a big CANSLIM winner make for perfect = short=20 candidates. Although selling a failed breakout as it returns = into=20 its base is NOT typically a good short candidate. = JMHO.
 
Ian
 
 
 
----- Original Message -----
From:=20 Rob Miller =
To: canslim@lists.xmission.com= =20
Sent: Friday, = February 15,=20 2002 6:40 AM
Subject: [CANSLIM] = Lack of=20 Buy Candidates

Even if we have a FTD = from here, I=20 see few stocks worth buying.  However, my short list = is=20 overflowing.  The only moderately attractive stocks I = see on=20 the long side are those already in an uptrend that are = riding=20 their lower channel.
 
Is shorting = considered off=20 limits for this list?  I know that WON discourages = it, but he=20 also claimed to make good money from shorts in = HTMMIS.  As I=20 understand it, he discourages it as a medium for = the=20 masses, nor necessarily for=20 everyone.  
 
Rob  =20 =
- ------=_NextPart_000_009B_01C1B689.3C2420E0-- - - - -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, 16 Feb 2002 11:14:49 +0100 From: Andreas Himmelreich Subject: AW: [CANSLIM] Lack of Buy Candidates Dito. For me its not so much about profiting with the shorts, but I know my = self exactly: I have to be in the market (long or short), I just can not sit back and be 100% in cash. But beeing long in this market, the odds are against you, execpt you invest in industry groups which are doing good in down markets (like defensive stuff, HMO etc.) MME just broke out, the group was up for = weeks=20 now, and finally the stock reacted. Nevertheless, there is much more stuff to short, then to be long in. But be aware --> The extension rule (overextended stocks) is important. Only short stuff, that has a base and starts to break down. The Industry Group RS should be below 40, better 30, and be in a clear=20 downtrend. Best is if you find a IG Graph that hits a new low in Price and RS = coming=20 from a base and the stock has not reacted. Also look at the reaction of the=20 stock to the market --> On up days the stock should be still bearly hold = its price. Then you got a great candidate. Limit your Exposure with a stop loss. Andreas > -----Urspr=FCngliche Nachricht----- > Von: Ian [SMTP:ianstm@shaw.ca] > Gesendet am: Friday, February 15, 2002 5:13 PM > An: canslim@lists.xmission.com > Betreff: Re: [CANSLIM] Lack of Buy Candidates > > I find it almost absurd that WON discourages shorting. Almost all of=20 WON's ideas appear to have originated with Jesse Livermore, who made the = bulk of his money on the short side. The rules for selling a big CANSLIM = winner make for perfect short candidates. Although selling a failed=20 breakout as it returns into its base is NOT typically a good short=20 candidate. JMHO. > > Ian > > > > ----- Original Message ----- > From: Rob Miller > To: canslim@lists.xmission.com > Sent: Friday, February 15, 2002 6:40 AM > Subject: [CANSLIM] Lack of Buy Candidates > > > Even if we have a FTD from here, I see few stocks worth buying.=20 However, my short list is overflowing. The only moderately attractive=20 stocks I see on the long side are those already in an uptrend that are=20 riding their lower channel. > > Is shorting considered off limits for this list? I know that WON=20 discourages it, but he also claimed to make good money from shorts in=20 HTMMIS. As I understand it, he discourages it as a medium for the = masses,=20 nor necessarily for everyone. > > Rob > << Datei: ATT00001.htm >> - - - -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, 16 Feb 2002 11:20:39 +0100 From: Andreas Himmelreich Subject: AW: [CANSLIM] Lack of Buy Candidates Hi Katherine, well, for good Canslim stocks thats true, but a lot of other stocks just = get hammered. Stocks where you ask yourself, how could they in this = hights=20 anyway. And I belive this is good, since a price/earnings ratio over 20 is never = healthy. If its not perfect, it goes down, so we are not in a crash zenario, but = a=20 pretty good setback mode. Andreas > -----Urspr=FCngliche Nachricht----- > Von: Katherine Malm [SMTP:kmalm@earthlink.net] > Gesendet am: Friday, February 15, 2002 3:54 PM > An: canslim@lists.xmission.com > Betreff: Re: [CANSLIM] Lack of Buy Candidates > > Hi Rob, > > I know there are plenty of folks here who short, but the subject only=20 comes up on occasion because you are right, it is an advanced trading=20 technique in comparison to CANSLIM in general. I'd also agree with you = that=20 my short scans are turning up far more candidates than my long scans. At = the same time, however, I also see plenty of good quality CANSLIM stocks = continuing to build healthy bases. All in all, I'd say the market is=20 "stuck!" > > Katherine > ----- Original Message ----- > From: Rob Miller > To: canslim@lists.xmission.com > Sent: Friday, February 15, 2002 8:40 AM > Subject: [CANSLIM] Lack of Buy Candidates > > > Even if we have a FTD from here, I see few stocks worth buying.=20 However, my short list is overflowing. The only moderately attractive=20 stocks I see on the long side are those already in an uptrend that are=20 riding their lower channel. > > Is shorting considered off limits for this list? I know that WON=20 discourages it, but he also claimed to make good money from shorts in=20 HTMMIS. As I understand it, he discourages it as a medium for the = masses,=20 nor necessarily for everyone. > > Rob > << Datei: ATT00005.htm >> - - - -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, 16 Feb 2002 11:24:27 +0100 From: Andreas Himmelreich Subject: AW: [CANSLIM] Lack of Buy Candidates If you buy on the long side, be sure the IG has a crystal clear uptrend = and=20 the stocks of the group have low betas ... > -----Urspr=FCngliche Nachricht----- > Von: Rob Miller [SMTP:rmiller2@carolina.rr.com] > Gesendet am: Friday, February 15, 2002 3:40 PM > An: canslim@lists.xmission.com > Betreff: [CANSLIM] Lack of Buy Candidates > > Even if we have a FTD from here, I see few stocks worth buying. = However,=20 my short list is overflowing. The only moderately attractive stocks I = see=20 on the long side are those already in an uptrend that are riding their=20 lower channel. > > Is shorting considered off limits for this list? I know that WON=20 discourages it, but he also claimed to make good money from shorts in=20 HTMMIS. As I understand it, he discourages it as a medium for the = masses,=20 nor necessarily for everyone. > > Rob > << Datei: ATT00007.htm >> - - - -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, 16 Feb 2002 11:27:26 +0100 From: Andreas Himmelreich Subject: AW: [CANSLIM] MTH I would stay in there until the trend is broken, everything else is=20 predicting and it can be a long time until the IG turns. Valuation is = low,=20 the group seems to be imune to the market so far ... I new that the Dot coms are going to tank one day, but I should have = played=20 them anyway. Sure, one day the trend will bend, but until then, the = trend=20 is your friend ... > -----Urspr=FCngliche Nachricht----- > Von: Tom Worley [SMTP:stkguru@netside.net] > Gesendet am: Friday, February 15, 2002 3:49 PM > An: canslim@lists.xmission.com > Betreff: Re: [CANSLIM] MTH > > Hi Harbol, > > I continue to see strength in the home builders group, and suspect it=20 will > be sustained for most of this year at least. I have several in my VR=20 Fund, > and all doing well, OHB (small cap, thinly traded) already hit another = new > high this morning on volume. > > With MTH, I would be cautious as the earnings forecast consensus at = DGO > indicates +8% this year and +15% next year. Most of the home builders = I =20 have > looked at have much stronger forecasts. > > Tom Worley > stkguru@netside.net > AIM: TexWorley > ----- Original Message ----- > From: "HARBOL GAURANG" > To: > Sent: Friday, February 15, 2002 9:25 AM > Subject: [CANSLIM] MTH > > > > Hi, > > This is my frist post to this group. I've been frequenting this = group=20 for > > quite sometime. > > > > For MTH I'm seeing a long cup (starting from July 01) with 3weeks of = very > > tight handle. During the bottom and uptrend, there are more nos of = up > volume > > weeks where price is also up. > > > > Fundamentals looks good. > > %EPS Chg recent quarters: 26.9%, 33.0% > > %Rev Chg recent quarters: 44.5%, 52.5% > > > > But %EPS Projected CFY =3D 8.92 and %EPS Projected NFY =3D 14.89 > > > > Thanks, > > Harbol > > > > _________________________________________________________________ > > MSN Photos is the easiest way to share and print your photos: > > http://photos.msn.com/support/worldwide.aspx > > > > > > - > > -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, 16 Feb 2002 11:32:34 +0100 From: Andreas Himmelreich Subject: AW: [CANSLIM] Lack of Buy Candidates Tom, I belive that is possible, there where great group moves in the last two = years. Actually the builders took of shortly after the rally was broken in = March=20 2000, and since then some stocks out of that group are up tenfold. = Another=20 wave was Medical Ethical Drugs, stuff like TARO made good bucks. But I do not belive it makes sense to say: Shorting is inmoral or too=20 difficult to do. Look at the markets in Germany (where shorting is not allowed). We had=20 swings going from 1000 to 9500 an then to 600 (in our "Nasdaq" the Neuer = Markt). With shorters in the market, this would not have happened. Andreas > -----Urspr=FCngliche Nachricht----- > Von: Tom Worley [SMTP:stkguru@netside.net] > Gesendet am: Saturday, February 16, 2002 5:48 AM > An: canslim@lists.xmission.com > Betreff: Re: [CANSLIM] Lack of Buy Candidates > > haven't shorted in years, fully invested year round, made lots of $$ = last=20 year, and profitable so far this year (including my fully margined=20 account). > > Tom Worley > stkguru@netside.net > AIM: TexWorley > ----- Original Message ----- > From: Dan Forant > To: canslim@lists.xmission.com > Sent: Friday, February 15, 2002 8:03 PM > Subject: Re: [CANSLIM] Lack of Buy Candidates > > > Of course it's absurd. If anyone's been in the market for the past = year=20 and hasn't shorted and made $$, they are either very lucky or far better = than the average investor. There was no shortage of stocks to short in=20 TC2000 and candlesticks. > > L8ter > DanF > ----- Original Message ----- > From: Ian > To: canslim@lists.xmission.com > Sent: Friday, February 15, 2002 11:13 AM > Subject: Re: [CANSLIM] Lack of Buy Candidates > > > I find it almost absurd that WON discourages shorting. Almost all = of=20 WON's ideas appear to have originated with Jesse Livermore, who made the = bulk of his money on the short side. The rules for selling a big CANSLIM = winner make for perfect short candidates. Although selling a failed brea = =20 kout as it returns into its base is NOT typically a good short = candidate.=20 JMHO. > > Ian > > > > ----- Original Message ----- > From: Rob Miller > To: canslim@lists.xmission.com > Sent: Friday, February 15, 2002 6:40 AM > Subject: [CANSLIM] Lack of Buy Candidates > > > Even if we have a FTD from here, I see few stocks worth buying.=20 However, my short list is overflowing. The only moderately attractive=20 stocks I see on the long side are those already in an uptrend that are=20 riding their lower channel. > > Is shorting considered off limits for this list? I know that = WON=20 discourages it, but he also claimed to make good money from shorts in=20 HTMMIS. As I understand it, he discourages it as a medium for the = masses,=20 nor necessarily for everyone. > > Rob > << Datei: ATT00012.htm >> - - - -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, 16 Feb 2002 11:36:31 +0100 From: Andreas Himmelreich Subject: AW: [CANSLIM] Lack of Buy Candidates I think Tom bend only one rule --> stay out of the market if there is a=20 downtrend in the overall market. But as I said, if you choose small caps and or IGs that are going up, no = problem making money on the long side. Just look on the builders or on the gold stocks latley ... BUT NEVER, NEVER buy stocks when the market and the IG is down. I have not seen one example where a member of the group does not break = down=20 then (besides its a small cap) as well. Some IGs are just setting up a bull market for its members no matter = what=20 the market is doing. > -----Urspr=FCngliche Nachricht----- > Von: Tom Worley [SMTP:stkguru@netside.net] > Gesendet am: Saturday, February 16, 2002 6:19 AM > An: canslim@lists.xmission.com > Betreff: Re: [CANSLIM] Lack of Buy Candidates > > While I routinely violate CANSLIM rules, nonetheless my entire process = is=20 heavily based in CANSLIM. And I netted 76% for the full year, so yeah, I = made a net profit. > > Tom Worley > stkguru@netside.net > AIM: TexWorley > ----- Original Message ----- > From: David Squires > To: canslim@lists.xmission.com > Sent: Saturday, February 16, 2002 12:11 AM > Subject: Re: [CANSLIM] Lack of Buy Candidates > > > haven't shorted in years, fully invested year round, made lots of $$ = last year, and profitable so far this year (including my fully margined=20 account). > > >>fully invested year round, made lots of $$ last year<< > > You were fully invested last year long and made a net profit? You=20 better call George Soros! BTW, is this even remotely CANSLIM. > > DSquires > ----- Original Message ----- > From: Tom Worley > To: canslim@lists.xmission.com > Sent: Friday, February 15, 2002 10:47 PM > Subject: Re: [CANSLIM] Lack of Buy Candidates > > > haven't shorted in years, fully invested year round, made lots of = $$=20 last year, and profitable so far this year (including my fully margined=20 account). > > Tom Worley > stkguru@netside.net > AIM: TexWorley > ----- Original Message ----- > From: Dan Forant > To: canslim@lists.xmission.com > Sent: Friday, February 15, 2002 8:03 PM > Subject: Re: [CANSLIM] Lack of Buy Candidates > > > Of course it's absurd. If anyone's been in the market for the = past=20 year and hasn't shorted and made $$, they are either very lucky or far=20 better than the average investor. There was no shortage of stocks to = short=20 in TC2000 and candlesticks. > > L8ter > DanF > ----- Original Message ----- > From: Ian > To: canslim@lists.xmission.com > Sent: Friday, February 15, 2002 11:13 AM > Subject: Re: [CANSLIM] Lack of Buy Candidates > > > I find it almost absurd that WON discourages shorting. Almost = all=20 of WON's ideas appear to have originated with Jesse Livermore, who made = the=20 bulk of his money on the short side. The rules for selling a big CANSLIM = winner make for perfect short candidates. Although selling a failed=20 breakout as it returns into its base is NOT typically a good short=20 candidate. JMHO. > > Ian > > > > ----- Original Message ----- > From: Rob Miller > To: canslim@lists.xmission.com > Sent: Friday, February 15, 2002 6:40 AM > Subject: [CANSLIM] Lack of Buy Candidates > > > Even if we have a FTD from here, I see few stocks worth = buying.=20 However, my short list is overflowing. The only moderately attractive=20 stocks I see on the long side are those already in an uptrend that are=20 riding their lower channel. > > Is shorting considered off limits for this list? I know = that=20 WON discourages it, but he also claimed to make good money from shorts = in=20 HTMMIS. As I understand it, he discourages it as a medium for the = masses,=20 nor necessarily for everyone. > > Rob > << Datei: ATT00014.htm >> - - - -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, 16 Feb 2002 06:23:18 -0500 From: "Dan Forant" Subject: Re: [CANSLIM] Lack of Buy Candidates This is a multi-part message in MIME format. - ------=_NextPart_000_0045_01C1B6B2.6CD64460 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Like I said in an earlier post, there are rare exceptions, your one Tom. L8ter DanF ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Friday, February 15, 2002 11:47 PM Subject: Re: [CANSLIM] Lack of Buy Candidates haven't shorted in years, fully invested year round, made lots of $$ = last year, and profitable so far this year (including my fully margined = account). Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Dan Forant=20 To: canslim@lists.xmission.com=20 Sent: Friday, February 15, 2002 8:03 PM Subject: Re: [CANSLIM] Lack of Buy Candidates Of course it's absurd. If anyone's been in the market for the past = year and hasn't shorted and made $$, they are either very lucky or far = better than the average investor. There was no shortage of stocks to = short in TC2000 and candlesticks.=20 L8ter DanF ----- Original Message -----=20 From: Ian=20 To: canslim@lists.xmission.com=20 Sent: Friday, February 15, 2002 11:13 AM Subject: Re: [CANSLIM] Lack of Buy Candidates I find it almost absurd that WON discourages shorting. Almost all = of WON's ideas appear to have originated with Jesse Livermore, who made = the bulk of his money on the short side. The rules for selling a big = CANSLIM winner make for perfect short candidates. Although selling a = failed breakout as it returns into its base is NOT typically a good = short candidate. JMHO. Ian ----- Original Message -----=20 From: Rob Miller=20 To: canslim@lists.xmission.com=20 Sent: Friday, February 15, 2002 6:40 AM Subject: [CANSLIM] Lack of Buy Candidates Even if we have a FTD from here, I see few stocks worth buying. = However, my short list is overflowing. The only moderately attractive = stocks I see on the long side are those already in an uptrend that are = riding their lower channel. Is shorting considered off limits for this list? I know that = WON discourages it, but he also claimed to make good money from shorts = in HTMMIS. As I understand it, he discourages it as a medium for the = masses, nor necessarily for everyone. =20 Rob =20 - ------=_NextPart_000_0045_01C1B6B2.6CD64460 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Like I said in an earlier post, there = are rare=20 exceptions, your one Tom.
 
L8ter
DanF
----- Original Message -----
From:=20 Tom = Worley=20
Sent: Friday, February 15, 2002 = 11:47=20 PM
Subject: Re: [CANSLIM] Lack of = Buy=20 Candidates

haven't shorted in years, fully invested year = round,=20 made lots of $$ last year, and profitable so far this year (including = my fully=20 margined account).
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Dan=20 Forant
Sent: Friday, February 15, = 2002 8:03=20 PM
Subject: Re: [CANSLIM] Lack = of Buy=20 Candidates

Of course it's absurd. If anyone's = been in the=20 market for the past year and hasn't shorted and made $$, they are = either=20 very lucky or far better than the average investor. There was no = shortage of=20 stocks to short in TC2000 and candlesticks.
 
L8ter
DanF
----- Original Message ----- =
From:=20 Ian =
To: canslim@lists.xmission.com= =20
Sent: Friday, February 15, = 2002 11:13=20 AM
Subject: Re: [CANSLIM] Lack = of Buy=20 Candidates

I find it almost absurd that WON discourages = shorting.=20 Almost all of WON's ideas appear to have originated with Jesse = Livermore,=20 who made the bulk of his money on the short side. The rules for = selling a=20 big CANSLIM winner make for perfect short candidates. Although = selling a=20 failed breakout as it returns into its base is NOT typically a = good short=20 candidate. JMHO.
 
Ian
 
 
 
----- Original Message -----
From:=20 Rob Miller
To: canslim@lists.xmission.com= =20
Sent: Friday, February = 15, 2002=20 6:40 AM
Subject: [CANSLIM] Lack = of Buy=20 Candidates

Even if we have a FTD from = here, I see few=20 stocks worth buying.  However, my short list is = overflowing. =20 The only moderately attractive stocks I see on the long side are = those=20 already in an uptrend that are riding their lower = channel.
 
Is shorting = considered off limits=20 for this list?  I know that WON discourages it, but he also = claimed=20 to make good money from shorts in HTMMIS.  As I understand = it,=20 he discourages it as a medium for the masses,=20 nor necessarily for everyone.  
 
Rob  =20 =
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