From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #2254 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, March 30 2002 Volume 02 : Number 2254 In this issue: Re: [CANSLIM] Intro... Re: [CANSLIM] Intro... [CANSLIM] Worley's Weekend Weeview Great shape for summer,get there now Re: [CANSLIM] Worley's Weekend Weeview Re: [CANSLIM] Worley's Weekend Weeview Re: [CANSLIM] chbs Re: [CANSLIM] DFXI Re: [CANSLIM] DFXI Re: [CANSLIM] DFXI Re: [CANSLIM] DFXI ---------------------------------------------------------------------- Date: Sat, 30 Mar 2002 09:32:06 -0700 From: Warren Keuffel Subject: Re: [CANSLIM] Intro... I think it depends on the personality of the investor and how much time s/he has to watch the stocks during the day. This latter is particularly important to me for the first few days after establishing a position because it is then that I may decide to pull the plug if I don't like how the chart is shaping up.When I first started CANSLIM investing I always used hard stops but now I rarely do, and I find that sometimes I exit a position well before it gets to 8% or wherever your stop (hard or mental) is set. I found that when I used hard stops they don't protect you when your stock gaps down (as you say) and I am usually close enough to my computer that I can follow the action at least a couple of times during the day. I've had enough successes and failures that I can pretty well tell if a position is taking off the way I want it to. YMMV. Warren Rob Miller wrote: > Welcome JHS, > > > > I have used both methods over the years, but hard stops are all I use > now. While mental stops would sometimes allow me to miss an > intraday move below my stop, more often than not you just get out far > below your mental stop. I also use a risk based money management > strategy, and hard stops allow me to more precisely define my risk. > The key is to set your stop at a point where it is unlikely you will > be stopped out, unless the stock is clearly "broken". WON says that a > winning stock rarely drops more than 8% below a proper buy point, > which is in effect the pivot since he says to buy at or only slightly > above the pivot. No more than 5%. Before I enter a stock, I define > my stop by looking at the chart and deciding that if the stock hits > this point then there is clearly something wrong. If your pivot is > $30, a stop of $29.90 is probably too close, while $28.90 is unlikely > if the stock is a winner. It all depends on the chart. You can often > get out sooner if the stock begins pulling back on heavy volume. > I try not to buy more than 8-9% over my stop because that is where my > risk/reward is best. I think of my initial risk as the cost to buy > the position. I'm not willing to spend 15% to buy a position. I > continue to use hard stops even after I have moved the stop above > breakeven (a free position), though my stops are far enough away that > they are unlikely to get hit during a normal reaction. > > > > Also, hard stops are less stressful. If, like me, you take only a > few positions, not knowing your exit can make leaving your computer > difficult. > > > > Rob > > ----- Original Message ----- > > From:jhs > > To: canslim@xmission.com > > Sent: Wednesday, March 27, 2002 9:10 PM > > Subject: [CANSLIM] Intro... > > > I'm another newbie, but have been lurking for sometime observing > and learning. I am not a Forbes referral, but one from a > current/long-term member. This has been a terrific site; it is a > rare board that maintains a sense of dignity as well as being > informative. Thanks! > > > > I have been investing for several years, but with the assistance > of a broker. I finally decided to pull the plug because I felt > I had too little control. It irritated me no end that we never > seemed to come to some kind of sell rules agreement; hence I rode > down more stocks than I care to admit. I like the discipline of > CANSLIM; for now I intend to follow it pretty much to the letter > until I get some more experience and feel comfortable > experimenting a bit. > > > > One question: CANLIM dictates a sell when the price drops 8% > below purchase cost (with some variation on the exact > percentage). Do most members write a stop loss order at the same > time as the purchase order? Or do you simply make a mental note > and watch the market? I ask this because I have been told that > traders have access to the sell orders and at times may actually > manipulate the prices to the point that they can dip down and pick > off what is then a comparatively cheap stock. > - - - -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, 30 Mar 2002 12:19:42 -0500 From: "Rob Miller" Subject: Re: [CANSLIM] Intro... I will sometimes sell before a stock hits my stop if don't like the way things are shaping up. Hard stops are simply a way to define my maximum risk. It's hard to implement a money management strategy if your exits are not defined ahead of time. As for gaps, nothing really protects you, but I have found that it's better to get out on a stop, even if the open is below your stop, rather than exit later in the day or wait for tomorrows open. Most gaps down just lead to lower prices. Sure you might get out higher on a small rally above the open occasionally, but I just find that mentally taxing. As Ed Seykota said in Market Wizards, "Having a quote machine is like having a slot machine on your desk - you end up feeding it all day long." I still use real time quotes, but hard stops keep me from being a gambler. I don't have the mental discipline for it. Rob - ----- Original Message ----- From: "Warren Keuffel" To: Sent: Saturday, March 30, 2002 11:32 AM Subject: Re: [CANSLIM] Intro... > I think it depends on the personality of the investor and how much time > s/he has to watch the stocks during the day. This latter is particularly > important to me for the first few days after establishing a position > because it is then that I may decide to pull the plug if I don't like > how the chart is shaping up.When I first started CANSLIM investing I > always used hard stops but now I rarely do, and I find that sometimes I > exit a position well before it gets to 8% or wherever your stop (hard or > mental) is set. > > I found that when I used hard stops they don't protect you when your > stock gaps down (as you say) and I am usually close enough to my > computer that I can follow the action at least a couple of times during > the day. I've had enough successes and failures that I can pretty well > tell if a position is taking off the way I want it to. > > YMMV. > Warren > > Rob Miller wrote: > > > Welcome JHS, > > > > > > > > I have used both methods over the years, but hard stops are all I use > > now. While mental stops would sometimes allow me to miss an > > intraday move below my stop, more often than not you just get out far > > below your mental stop. I also use a risk based money management > > strategy, and hard stops allow me to more precisely define my risk. > > The key is to set your stop at a point where it is unlikely you will > > be stopped out, unless the stock is clearly "broken". WON says that a > > winning stock rarely drops more than 8% below a proper buy point, > > which is in effect the pivot since he says to buy at or only slightly > > above the pivot. No more than 5%. Before I enter a stock, I define > > my stop by looking at the chart and deciding that if the stock hits > > this point then there is clearly something wrong. If your pivot is > > $30, a stop of $29.90 is probably too close, while $28.90 is unlikely > > if the stock is a winner. It all depends on the chart. You can often > > get out sooner if the stock begins pulling back on heavy volume. > > I try not to buy more than 8-9% over my stop because that is where my > > risk/reward is best. I think of my initial risk as the cost to buy > > the position. I'm not willing to spend 15% to buy a position. I > > continue to use hard stops even after I have moved the stop above > > breakeven (a free position), though my stops are far enough away that > > they are unlikely to get hit during a normal reaction. > > > > > > > > Also, hard stops are less stressful. If, like me, you take only a > > few positions, not knowing your exit can make leaving your computer > > difficult. > > > > > > > > Rob > > > > ----- Original Message ----- > > > > From:jhs > > > > To: canslim@xmission.com > > > > Sent: Wednesday, March 27, 2002 9:10 PM > > > > Subject: [CANSLIM] Intro... > > > > > > I'm another newbie, but have been lurking for sometime observing > > and learning. I am not a Forbes referral, but one from a > > current/long-term member. This has been a terrific site; it is a > > rare board that maintains a sense of dignity as well as being > > informative. Thanks! > > > > > > > > I have been investing for several years, but with the assistance > > of a broker. I finally decided to pull the plug because I felt > > I had too little control. It irritated me no end that we never > > seemed to come to some kind of sell rules agreement; hence I rode > > down more stocks than I care to admit. I like the discipline of > > CANSLIM; for now I intend to follow it pretty much to the letter > > until I get some more experience and feel comfortable > > experimenting a bit. > > > > > > > > One question: CANLIM dictates a sell when the price drops 8% > > below purchase cost (with some variation on the exact > > percentage). Do most members write a stop loss order at the same > > time as the purchase order? Or do you simply make a mental note > > and watch the market? I ask this because I have been told that > > traders have access to the sell orders and at times may actually > > manipulate the prices to the point that they can dip down and pick > > off what is then a comparatively cheap stock. > > > > > > - > -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, 30 Mar 2002 12:41:52 -0500 From: "Tom Worley" Subject: [CANSLIM] Worley's Weekend Weeview This is a multi-part message in MIME format. - ------=_NextPart_000_0117_01C1D7E8.44D30870 Content-Type: multipart/alternative; boundary="----=_NextPart_001_0118_01C1D7E8.44D30870" - ------=_NextPart_001_0118_01C1D7E8.44D30870 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable ECONOMICS Existing Housing Sales - came in slightly lower than January's record = pace of 6.05 million units / year at 5.88 mil units, but still well = ahead of 2001's record total of 5.296 mil units. And was still ahead of = forecasts of 5.5 mil units. Consumer Confidence - screamed to 110.2 from 95.0 in March, expected was = 98.0.=20 GDP for Q4 - initially reported as a 0.2% gain, revised to 1.4% gain, = and finalized at 1.7% gain. New home sales - gained 5.3% over January. And new home sales usually / = often sparks further consumer sales of things to fix up that new house = and fill it with furniture. - -------------------------------------------------------------------------= - ------- HP acquisition of Compaq - Walter Hewlett files a sour grapes lawsuit to = block the merge.=20 - -------------------------------------------------------------------------= - ------- I guess there is some justice after all. The Japanese pain avoidance of = major economic and financial reforms left the Nikkei down over 15% for = their fiscal year that just ended. Meanwhile, the DOW 30, NYSE = Composite, Nasdaq, and Russell 2000 all are up measurably (I didn't do = the math) for the same 12 months. Big winner? No surprise, R2000. It's = no wonder I like the little ones.=20 - -------------------------------------------------------------------------= - ------- WORLEY'S WATCHLIST WANNABES I am trying something different this weekend. Changed the resolution on = my PC, so will now be able to see a full 12 months on the chart. As always, Bx means a flat line "B"ase of "x" weeks duration, IMO. If I = see a specific pattern, such as a c&h, double bottom, or LLUR, I will = say so. The list is short, altho the population I reviewed is stable, because of = the high number of stocks that are already very extended. ACS - c&h CSTR - stealth b/o past the pivot from a B3 DFXI - as discussed, broke out from a c&h to just past the pivot FRED - B3, violates the former LLUR pattern FRS - B5 LBAI - shallow c&h MGRE - B3, low priced micro cap ODP - B6 OFIX - B3 PCG - LLUR PETM - LLUR RCII - stealth b/o from a c&h? RMCI - just under pivot on volume, in my VR Fund :) SIDE - B3+ TASR - breaking pivot, micro cap, EPS only 61, own and in my VR Fund Happy Hunting, Tom Worley stkguru@bellsouth.net AIM: TexWorley - ------=_NextPart_001_0118_01C1D7E8.44D30870 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
ECONOMICS
Existing Housing Sales - came in slightly lower = than=20 January's record pace of 6.05 million units / year at 5.88 mil units, = but still=20 well ahead of 2001's record total of 5.296 mil units. And was still = ahead of=20 forecasts of 5.5 mil units.
 
Consumer Confidence - screamed to 110.2 from = 95.0 in=20 March, expected was 98.0.
 
GDP for Q4 - initially reported as a 0.2% gain, = revised to=20 1.4% gain, and finalized at 1.7% gain.
 
New home sales - gained 5.3% over January. And = new home=20 sales usually / often sparks further consumer sales of things to fix up = that new=20 house and fill it with furniture.
HP acquisition of Compaq - Walter Hewlett files a sour grapes = lawsuit to=20 block the merge.=20
I guess there is some justice after all. The Japanese pain = avoidance of=20 major economic and financial reforms left the Nikkei down over 15% for = their=20 fiscal year that just ended. Meanwhile, the DOW 30, NYSE Composite, = Nasdaq, and=20 Russell 2000 all are up measurably (I didn't do the math) for the same = 12=20 months. Big winner? No surprise, R2000. It's no wonder I like the little = ones.=20
WORLEY'S WATCHLIST WANNABES
I am trying something different this weekend. Changed the = resolution on my=20 PC, so will now be able to see a full 12 months on the chart.
As always, Bx means a flat line "B"ase of "x" weeks duration, IMO. = If I see=20 a specific pattern, such as a c&h, double bottom, or LLUR, I will = say=20 so.
The list is short, altho the population I reviewed is stable, = because of=20 the high number of stocks that are already very extended.
 
ACS - c&h
CSTR - stealth b/o past the pivot from a B3
DFXI - as discussed, broke out from a c&h to just past the = pivot
FRED  - B3, violates the former LLUR pattern
FRS - B5
LBAI - shallow c&h
MGRE - B3, low priced micro cap
ODP - B6
OFIX - B3
PCG - LLUR
PETM - LLUR
RCII - stealth b/o from a c&h?
RMCI - just under pivot on volume, in my VR Fund :)
SIDE - B3+
TASR - breaking pivot, micro cap, EPS only 61, own and in my VR = Fund
 
Happy Hunting,
 
3D""
 
Tom Worley
stkguru@bellsouth.net
AIM: = TexWorley
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Change your life forever! 100% GUARANTEED! 1.Body Fat Loss 82% improvement. 2.Wrinkle Reduction 61% improvement. 3.Energy Level 84% improvement. 4.Muscle Strength 88% improvement. 5.Sexual Potency 75% improvement. 6.Emotional Stability 67% improvement. 7.Memory 62% improvement. *********************************************************** You are receiving this email as a subscriber to the Opt-In America Mailing List. To remove yourself from all related maillists, just click here: mailto:affiliateoptout@btamail.net.cn?Subject=REMOVE ------------------------------ Date: Sat, 30 Mar 2002 18:10:30 EST From: Chazmoore@aol.com Subject: Re: [CANSLIM] Worley's Weekend Weeview - --part1_197.48cf6ed.29d79fe6_boundary Content-Type: text/plain; charset="US-ASCII" Content-Transfer-Encoding: 7bit Tom: Thanks for the Weekend Review. Much appreciated. I was looking at ACS, trying to see the c/h formation, and it looks to me like it is busted. I see the right lip on March 4 at $52.22 after 7 weeks. The handle rises slightly then increases suddenly to $57.00 on March 18 on volume of 2.5 million. To me it seems to be a short base and lacking the explosive breakout we look for. Comments? Charley - --part1_197.48cf6ed.29d79fe6_boundary Content-Type: text/html; charset="US-ASCII" Content-Transfer-Encoding: 7bit Tom: Thanks for the Weekend Review. Much appreciated.

I was looking at ACS, trying to see the c/h formation, and it looks to me like it is busted. I see the right lip on March 4 at $52.22 after 7 weeks. The handle rises slightly then increases suddenly to $57.00 on March 18 on volume of 2.5 million.

To me it seems to be a short base and lacking the explosive breakout we look for.

Comments?  Charley - --part1_197.48cf6ed.29d79fe6_boundary-- - - - -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, 30 Mar 2002 18:20:51 -0500 From: "Tom Worley" Subject: Re: [CANSLIM] Worley's Weekend Weeview This is a multi-part message in MIME format. - ------=_NextPart_000_0214_01C1D817.9FB5E530 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi Charley, Looking at it a second time suggests I should have looked at it a little = longer the first time. Weird pattern, you can call it a cup thru 3/4, followed by the handle = thru 3/15, then a gap up on 1.5X ADV on 3/18. Or you can consider the = gap up as completing the right side of the cup (but then with a high = handle), followed by a drooping handle. In the latter case, the rise over the past two days was on volume well = under ADV. Tom Worley stkguru@bellsouth.net AIM: TexWorley - ----- Original Message -----=20 From: Chazmoore@aol.com=20 To: canslim@lists.xmission.com=20 Sent: Saturday, March 30, 2002 6:10 PM Subject: Re: [CANSLIM] Worley's Weekend Weeview Tom: Thanks for the Weekend Review. Much appreciated.=20 I was looking at ACS, trying to see the c/h formation, and it looks to = me like it is busted. I see the right lip on March 4 at $52.22 after 7 = weeks. The handle rises slightly then increases suddenly to $57.00 on = March 18 on volume of 2.5 million.=20 To me it seems to be a short base and lacking the explosive breakout we = look for.=20 Comments? Charley=20 - ------=_NextPart_000_0214_01C1D817.9FB5E530 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Hi Charley,
 
Looking at it a second time suggests I should = have looked=20 at it a little longer the first time.
 
Weird pattern, you can call it a cup thru 3/4, = followed by=20 the handle thru 3/15, then a gap up on 1.5X ADV on 3/18. Or you can = consider the=20 gap up as completing the right side of the cup (but then with a high = handle),=20 followed by a drooping handle.
 
In the latter case, the rise over the past two = days was on=20 volume well under ADV.
 
Tom Worley
stkguru@bellsouth.net
AIM:=20 TexWorley
----- Original Message -----=20
From: Chazmoore@aol.com=20
Sent: Saturday, March 30, 2002 6:10 PM
Subject: Re: [CANSLIM] Worley's Weekend Weeview

Tom: Thanks = for the=20 Weekend Review. Much appreciated.

I was looking at ACS, trying = to see=20 the c/h formation, and it looks to me like it is busted. I see the right = lip on=20 March 4 at $52.22 after 7 weeks. The handle rises slightly then = increases=20 suddenly to $57.00 on March 18 on volume of 2.5 million.

To me = it seems=20 to be a short base and lacking the explosive breakout we look for.=20

Comments?  Charley - ------=_NextPart_000_0214_01C1D817.9FB5E530-- - - - -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, 30 Mar 2002 22:29:43 EST From: Spencer48@aol.com Subject: Re: [CANSLIM] chbs Tom: One also might add that it closed at the bottom of its range on Friday, barely making it an "up" day. I don't know why it should be called a breakout on Wednesday considering that volume was (in my opinion, as in Tom's) so obviously lacking. To me, it could be making another handle. Perhaps it will be a base-on-base (as described in the AskWON archives for Thursday 3/28/02)-and is just waiting for the market to get into gear before running up a real breakout. jans In a message dated 3/28/2002 8:44:36 AM Eastern Standard Time, stkguru@bellsouth.net writes: << short handle formed in the upper half of the cup, but well under the left rim of 34.50, so there is still overhead resistance. Also, Wed's volume failed to double the ADV. 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. ------------------------------ Date: Sat, 30 Mar 2002 22:57:22 EST From: Spencer48@aol.com Subject: Re: [CANSLIM] DFXI Katherine: A comment and a question. The comment: There is a high short-interest in DFXI. It did gap up (and in my opinion broke-out) on Wednesday. However, the question now should be whether the breakout is going to fail or not. Without my going into how I feel the Market will behave, the issue seems to be: Are the big institutions selling their DFXI into strength (those who were short no doubt bought on the breakout, but the stock on Thursday never really went anywhere even though volume was tremendous)? According to WON (as I remember it) if the stock doesn't continue to go up the next day after the breakout, the stock should most likely be sold. Here's my question: How were you able to write on the DG chart (I'm not talking about the red trendline)? Does DG have something new (viz. Writing on charts)? jans In a message dated 3/28/2002 2:36:32 PM Eastern Standard Time, kmalm@earthlink.net writes: << I've uploaded a chart notating the C&H to: http://WallStreet-LLC.com/pub/DFXI032802.jpg >> - - - -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, 30 Mar 2002 22:22:22 -0600 From: "Katherine Malm" Subject: Re: [CANSLIM] DFXI This is a multi-part message in MIME format. - ------=_NextPart_000_004E_01C1D839.5D061620 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi jans, Hmmm...DFXI was up nearly 8% on the day, finishing near the high...so = I'd say it did well. Can't say what will happen, but you're right that = if it doesn't follow through, it might be a suspect breakout. I never = like to go for a stock with too many eyes on it and this one gets the = "too many eyes award" in my book, but this seems to be a company with = savvy. (Sure hope they can afford all those BowFlex ads that run every = 23 minutes.) DGO doesn't have any new annotation tools...the DFXI notations were = courtesy of a nifty shareware program called PrintKey Pro from = www.warecentral.com. Best $19.95 I've spent in years...well, except for = the $19.95 I spent yesterday filling up my prepaid card from = Starbucks....gets that latte in my hands faster than ever! Katherine ----- Original Message -----=20 From: Spencer48@aol.com=20 To: canslim@lists.xmission.com=20 Sent: Saturday, March 30, 2002 9:57 PM Subject: Re: [CANSLIM] DFXI Katherine: A comment and a question. The comment: There is a high = short-interest=20 in DFXI. It did gap up (and in my opinion broke-out) on Wednesday. =20 However, the question now should be whether the breakout is going = to=20 fail or not. Without my going into how I feel the Market will behave, = the=20 issue seems to be: Are the big institutions selling their DFXI into = strength=20 (those who were short no doubt bought on the breakout, but the stock = on=20 Thursday never really went anywhere even though volume was = tremendous)? =20 According to WON (as I remember it) if the stock doesn't continue to = go up=20 the next day after the breakout, the stock should most likely be sold. Here's my question: How were you able to write on the DG chart = (I'm not=20 talking about the red trendline)? Does DG have something new (viz. = Writing=20 on charts)?=20 jans In a message dated 3/28/2002 2:36:32 PM Eastern Standard Time,=20 kmalm@earthlink.net writes: << I've uploaded a chart notating the C&H to: =20 http://WallStreet-LLC.com/pub/DFXI032802.jpg >> - -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_004E_01C1D839.5D061620 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Hi jans,
 
Hmmm...DFXI was up nearly 8% on the day, finishing near the = high...so I'd=20 say it did well. Can't say what will happen, but you're right that if it = doesn't=20 follow through, it might be a suspect breakout. I never like to go for a = stock=20 with too many eyes on it and this one gets the "too many eyes award" in = my book,=20 but this seems to be a company with savvy. (Sure hope they can afford = all those=20 BowFlex ads that run every 23 minutes.)
 
DGO doesn't have any new annotation tools...the DFXI notations were = courtesy of a nifty shareware program called PrintKey Pro from www.warecentral.com. Best $19.95 = I've=20 spent in years...well, except for the $19.95 I spent yesterday filling = up my=20 prepaid card from Starbucks....gets that latte in my hands faster than=20 ever!
 
Katherine
----- Original Message -----
From:=20 Spencer48@aol.com
Sent: Saturday, March 30, 2002 = 9:57=20 PM
Subject: Re: [CANSLIM] = DFXI

Katherine:

     A comment = and a=20 question.  The comment:  There is a high short-interest =
in=20 DFXI.  It did gap up (and in my opinion broke-out) on = Wednesday. =20

     However, the question now should be = whether=20 the breakout is going to
fail or not.  Without my going into = how I=20 feel the Market will behave, the
issue seems to be: Are the big=20 institutions selling their DFXI into strength
(those who were = short no=20 doubt bought on the breakout, but the stock on
Thursday never = really went=20 anywhere even though volume was tremendous)?  
According = to WON=20 (as I remember it) if the stock doesn't continue to go up
the next = day=20 after the breakout, the stock should most likely be=20 sold.

     Here's my question:  How = were you=20 able to write on the DG chart (I'm not
talking about the red=20 trendline)?  Does DG have something new (viz.  Writing =
on=20 charts)?

jans


In a message dated 3/28/2002 2:36:32 = PM=20 Eastern Standard Time,
kmalm@earthlink.net=20 writes:

<< I've uploaded a chart notating the C&H=20 to:
 
 http://WallStreet-L= LC.com/pub/DFXI032802.jpg=20 >>

-
-To 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_004E_01C1D839.5D061620-- - - - -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, 30 Mar 2002 23:32:29 EST From: RWElmer@aol.com Subject: Re: [CANSLIM] DFXI - --part1_180.5fa81b5.29d7eb5d_boundary Content-Type: text/plain; charset="US-ASCII" Content-Transfer-Encoding: 7bit Katherine, To add my two cents worth on DFXI, you identified one of the things that troubles me too. They were able to buy ads on the cheap for a good while now. As the Economy improves, and spot prices increase, it could have an effect. I also wonder if they're not too dependent on Bowflex. We must be in a pretty advanced stage of that product cycle by now, wot? Disclosure: I own DFXI but am watching carefully. Happy Easter All! Robert W. Elmer Coldwell Banker First Shasta 2837 Bechelli Ln. Redding, CA 96002 RWElmer@aol.com 221-9556 or 1-800-348-7939 ext.156 www.robertelmer.com - --part1_180.5fa81b5.29d7eb5d_boundary Content-Type: text/html; charset="US-ASCII" Content-Transfer-Encoding: 7bit Katherine,

To add my two cents worth on DFXI, you identified one of the things that troubles me too. They were able to buy ads on the cheap for a good while now. As the Economy improves, and spot prices increase, it could have an effect. I also wonder if they're not too dependent on Bowflex. We must be in a pretty advanced stage of that product cycle by now, wot?

Disclosure: I own DFXI but am watching carefully.

Happy Easter All!

Robert W. Elmer
Coldwell Banker First Shasta
2837 Bechelli Ln.
Redding, CA 96002
RWElmer@aol.com
221-9556 or 1-800-348-7939 ext.156
www.robertelmer.com - --part1_180.5fa81b5.29d7eb5d_boundary-- - - - -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, 30 Mar 2002 21:53:53 -0800 From: Ian Subject: Re: [CANSLIM] DFXI This is a multi-part message in MIME format. - --Boundary_(ID_DQ8fYBUk2xR5Z7zT6aOeEw) Content-type: text/plain; charset=iso-8859-1 Content-transfer-encoding: 7BIT 'this one gets the "too many eyes award" in my book' AHA! A closet attraction to microcap CANSLIM showing through :) DFXI first made it onto my watchlist many, many years ago, when it was a penny stock (trading around $1 on the TSE). Despite the persistent urgings of a very shrewd friend, I passed on buying it. Taking into accounts multiple splits, I believe that was getting close to two orders of magnitude ago :( Today, the upward, low-volume slope from 28 to 36, and the large short position, would combine to make me very wary. But then again, my long checkered history of being wary with DFXI has always been wrong in the past ... Cheers, Ian ----- Original Message ----- From: Katherine Malm To: canslim@lists.xmission.com Sent: Saturday, March 30, 2002 8:22 PM Subject: Re: [CANSLIM] DFXI Hi jans, Hmmm...DFXI was up nearly 8% on the day, finishing near the high...so I'd say it did well. Can't say what will happen, but you're right that if it doesn't follow through, it might be a suspect breakout. I never like to go for a stock with too many eyes on it and this one gets the "too many eyes award" in my book, but this seems to be a company with savvy. (Sure hope they can afford all those BowFlex ads that run every 23 minutes.) DGO doesn't have any new annotation tools...the DFXI notations were courtesy of a nifty shareware program called PrintKey Pro from www.warecentral.com. Best $19.95 I've spent in years...well, except for the $19.95 I spent yesterday filling up my prepaid card from Starbucks....gets that latte in my hands faster than ever! Katherine ----- Original Message ----- From: Spencer48@aol.com To: canslim@lists.xmission.com Sent: Saturday, March 30, 2002 9:57 PM Subject: Re: [CANSLIM] DFXI Katherine: A comment and a question. The comment: There is a high short-interest in DFXI. It did gap up (and in my opinion broke-out) on Wednesday. However, the question now should be whether the breakout is going to fail or not. Without my going into how I feel the Market will behave, the issue seems to be: Are the big institutions selling their DFXI into strength (those who were short no doubt bought on the breakout, but the stock on Thursday never really went anywhere even though volume was tremendous)? According to WON (as I remember it) if the stock doesn't continue to go up the next day after the breakout, the stock should most likely be sold. Here's my question: How were you able to write on the DG chart (I'm not talking about the red trendline)? Does DG have something new (viz. Writing on charts)? jans In a message dated 3/28/2002 2:36:32 PM Eastern Standard Time, kmalm@earthlink.net writes: << I've uploaded a chart notating the C&H to: http://WallStreet-LLC.com/pub/DFXI032802.jpg >> - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. - --Boundary_(ID_DQ8fYBUk2xR5Z7zT6aOeEw) Content-type: text/html; charset=iso-8859-1 Content-transfer-encoding: 7BIT
'this one gets the "too many eyes award" in my book'
 
AHA!  A closet attraction to microcap CANSLIM showing through :)
 
DFXI first made it onto my watchlist many, many years ago, when it was a penny stock (trading around $1 on the TSE). Despite the persistent urgings of a very shrewd friend, I passed on buying it. Taking into accounts multiple splits, I believe that was getting close to two orders of magnitude ago :(
 
Today, the upward, low-volume slope from 28 to 36, and the large short position, would combine to make me very wary. But then again, my long checkered history of being wary with DFXI has always been wrong in the past ...
 
Cheers,
 
Ian
 
 
----- Original Message -----
Sent: Saturday, March 30, 2002 8:22 PM
Subject: Re: [CANSLIM] DFXI

Hi jans,
 
Hmmm...DFXI was up nearly 8% on the day, finishing near the high...so I'd say it did well. Can't say what will happen, but you're right that if it doesn't follow through, it might be a suspect breakout. I never like to go for a stock with too many eyes on it and this one gets the "too many eyes award" in my book, but this seems to be a company with savvy. (Sure hope they can afford all those BowFlex ads that run every 23 minutes.)
 
DGO doesn't have any new annotation tools...the DFXI notations were courtesy of a nifty shareware program called PrintKey Pro from www.warecentral.com. Best $19.95 I've spent in years...well, except for the $19.95 I spent yesterday filling up my prepaid card from Starbucks....gets that latte in my hands faster than ever!
 
Katherine
----- Original Message -----
Sent: Saturday, March 30, 2002 9:57 PM
Subject: Re: [CANSLIM] DFXI

Katherine:

     A comment and a question.  The comment:  There is a high short-interest
in DFXI.  It did gap up (and in my opinion broke-out) on Wednesday. 

     However, the question now should be whether the breakout is going to
fail or not.  Without my going into how I feel the Market will behave, the
issue seems to be: Are the big institutions selling their DFXI into strength
(those who were short no doubt bought on the breakout, but the stock on
Thursday never really went anywhere even though volume was tremendous)?  
According to WON (as I remember it) if the stock doesn't continue to go up
the next day after the breakout, the stock should most likely be sold.

     Here's my question:  How were you able to write on the DG chart (I'm not
talking about the red trendline)?  Does DG have something new (viz.  Writing
on charts)?

jans


In a message dated 3/28/2002 2:36:32 PM Eastern Standard Time,
kmalm@earthlink.net writes:

<< I've uploaded a chart notating the C&H to:
 
 http://WallStreet-LLC.com/pub/DFXI032802.jpg >>

-
-To subscribe/unsubscribe, email "majordomo@xmission.com"
-In the email body, write "subscribe canslim" or
-"unsubscribe canslim".  Do not use quotes in your email.
- --Boundary_(ID_DQ8fYBUk2xR5Z7zT6aOeEw)-- - - - -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 #2254 ****************************** 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.