From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #2457 Reply-To: canslim Sender: owner-canslim-digest@lists.xmission.com Errors-To: owner-canslim-digest@lists.xmission.com Precedence: bulk Content-Transfer-Encoding: quoted-printable X-No-Archive: yes canslim-digest Tuesday, May 28 2002 Volume 02 : Number 2457 In this issue: Re: [CANSLIM] Date: Fri, 24 May 2002 22:10:33 -0700 Re: [CANSLIM] Law Suits (was ACRT or MXT?) Re: [CANSLIM] Law Suits (was ACRT or MXT?) Re: [CANSLIM] Law Suits (was ACRT or MXT?) Re: Growth Estimates (was: [CANSLIM] Updated CANSLIM hunting list) Re: [CANSLIM] ACRT or MXT? Re: [CANSLIM] ACRT or MXT? Re: [CANSLIM] ACRT or MXT? Re: [CANSLIM] ACRT or MXT? ---------------------------------------------------------------------- Date: Mon, 27 May 2002 17:30:13 -0600 From: "xjadair" Subject: Re: [CANSLIM] Date: Fri, 24 May 2002 22:10:33 -0700 This is a multi-part message in MIME format. - ------=_NextPart_000_0007_01C205A4.28B76C00 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi Zill Most of us get about 100 emails daily. It may be difficult to find = someone willing to spend and hour or more teaching you. good luck = anyway. ----- Original Message -----=20 From: zillagirl=20 To: canslim@lists.xmission.com=20 Sent: Friday, May 24, 2002 11:45 PM Subject: Re: [CANSLIM] Date: Fri, 24 May 2002 22:10:33 -0700 Hi-I just signed up for this chat about a week ago-I was so happy to = find a canslim chat - but I am not very computer savvy, and I feel like = a lot of the the stuff is passing me by. Its frustrating because I know = I want the info but all the initials, spreadsheets, filters etc all seem = beyond me and I dont feel like anyone will spend the time to get me up = to date. I guess I'll keep reading and maybe it will click. Lets see = if someone takes the time to explain to us why we didnt get the info. = ps glad I'm not alone. thanks ----- Original Message -----=20 From: zillagirl=20 To: canslim@lists.xmission.com=20 Sent: Friday, May 24, 2002 10:07 PM Subject: [CANSLIM] Date: Fri, 24 May 2002 22:10:33 -0700 thats all I got was computer language also. I dont know why either = nancy - ------=_NextPart_000_0007_01C205A4.28B76C00 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Hi Zill
Most of us get about 100 emails daily. = It may be=20 difficult to find someone willing to spend and hour or more teaching = you. good=20 luck anyway.
----- Original Message -----
From:=20 zillagirl
To: canslim@lists.xmission.com=
Sent: Friday, May 24, 2002 = 11:45 PM
Subject: Re: [CANSLIM] Date: = Fri, 24 May=20 2002 22:10:33 -0700

Hi-I just signed up for this chat = about a week=20 ago-I was so happy to find a canslim chat - but I am not very computer = savvy,=20 and I feel like a lot of the the stuff is passing me by.  Its = frustrating=20 because I know I want the info but all the initials, spreadsheets, = filters etc=20 all seem beyond me and I dont feel like anyone will spend the time to = get me=20 up to date.  I guess I'll keep reading and maybe it will = click. =20 Lets see if someone takes the time to explain to us why we didnt get = the=20 info.  ps glad I'm not alone.  thanks
----- Original Message -----
From:=20 zillagirl
Sent: Friday, May 24, 2002 = 10:07=20 PM
Subject: [CANSLIM] Date: Fri, = 24 May=20 2002 22:10:33 -0700

thats all I got was computer = language also. I=20 dont know why either =20 nancy
- ------=_NextPart_000_0007_01C205A4.28B76C00-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Mon, 27 May 2002 20:48:41 EDT From: Spencer48@aol.com Subject: Re: [CANSLIM] Law Suits (was ACRT or MXT?) Katherine: I can understand why earnings will need to be restated (because of the expenses or the need to put some expenses in a reserve-fund), but why would sales need to be restated (ie. the new expenses involved in the lawsuit might indeed affect the bottom line, but how would it affect how much was sold in the past [unless the lawsuit alleges the accounting firm was dishonest in displaying the sales revenue]). Moreover, if the company restates its sales after the allegation and before the conviction, wouldn't that company just be admitting what was charged? Can you envision a situation where sales would have to be restated other than when the company's accounting firm portrayed sales more than it actually was? jans In a message dated 5/27/2002 7:05:14 PM Eastern Daylight Time, stkguru@bellsouth.net writes: << A class action lawsuit can drag on for years. At the least, it may cause a company to reserve funds for a settlement and legal expenses that could be better used to build the company. If the same officers are still in place, it can cause a loss of confidence in their present day business dealings. But in any case, it puts a negative on the stock. It may be able to overcome the negative and go up in price, but is still affected. If insiders were selling during the class action period, and undoubtedly some did, there may be another lawsuit alleging insider trading. Prior year earnings and sales figures may end up having to be restated, >> - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Mon, 27 May 2002 20:57:06 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] Law Suits (was ACRT or MXT?) the lawsuit alleges that they inflated revenues and earnings related to the loans to private individuals over the two year period of the class action. Any reserves for settlement or legal expenses would be current expenses, and are not involved in any restatement of past financials. - ----- Original Message ----- From: To: Sent: Monday, May 27, 2002 8:48 PM Subject: Re: [CANSLIM] Law Suits (was ACRT or MXT?) Katherine: I can understand why earnings will need to be restated (because of the expenses or the need to put some expenses in a reserve-fund), but why would sales need to be restated (ie. the new expenses involved in the lawsuit might indeed affect the bottom line, but how would it affect how much was sold in the past [unless the lawsuit alleges the accounting firm was dishonest in displaying the sales revenue]). Moreover, if the company restates its sales after the allegation and before the conviction, wouldn't that company just be admitting what was charged? Can you envision a situation where sales would have to be restated other than when the company's accounting firm portrayed sales more than it actually was? jans In a message dated 5/27/2002 7:05:14 PM Eastern Daylight Time, stkguru@bellsouth.net writes: << A class action lawsuit can drag on for years. At the least, it may cause a company to reserve funds for a settlement and legal expenses that could be better used to build the company. If the same officers are still in place, it can cause a loss of confidence in their present day business dealings. But in any case, it puts a negative on the stock. It may be able to overcome the negative and go up in price, but is still affected. If insiders were selling during the class action period, and undoubtedly some did, there may be another lawsuit alleging insider trading. Prior year earnings and sales figures may end up having to be restated, >> - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Mon, 27 May 2002 20:58:46 EDT From: Spencer48@aol.com Subject: Re: [CANSLIM] Law Suits (was ACRT or MXT?) Norm & Katherine: I would add to the statement of Katherine's. Not only has WON stated that the technicals of chart reading will many times illustrate a company's fundamental shortcomings (or its imminent earnings rise or new manfufacturing/marketing technique); but also WON answered a query in investors.com or IBD recently printed an article which is I think very appropos, and which declares that-while analysts know inside out the company they research, one should not buy the stock BECAUSE an analyst says the earnings will rise or the company has discovered a new technique. Only timing-by reading stock charts or, as Katherine points out, looking at the RS-can tell you WHEN to buy. jans In a message dated 5/27/2002 7:16:18 PM Eastern Daylight Time, kmalm@earthlink.net writes: << When reading the details of ACRT's lawsuit, it seems plausible that there's something fishy in the works. If you take a look at the fundamental summary indicators, ACRT looks pretty grand, but WON always states that technicals will tell the story long before the "reason" shows up in the fundamentals and that's reason enough to stay away. All that in total is enough for me to throw something like this in the stinky fish pile. Is t >> - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Mon, 27 May 2002 22:07:54 -0500 From: "Katherine Malm" Subject: Re: Growth Estimates (was: [CANSLIM] Updated CANSLIM hunting list) This is a multi-part message in MIME format. - ------=_NextPart_000_0006_01C205CA.F38668C0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi SRP, I don't use the QP2 data, so folks using it may have a more definitive = answer as to what they have found useful. But...your question got me to wondering how the QP2 projections matched = what I use in VectorVest. In VV, there is a forward growth parameter = (GRT) which indicates the annual projected growth for "the next 1 to 3 = years." I always use GRT>=3D15 in my own stock selection criteria. I asked a friend who uses QP2 to forward the data for approx 3000 stocks = with prices >=3D $6. I then ran a test to see how things compared = between my numbers and the QP2 projected numbers. I deleted a lot of the = stocks on the list because QP2 had 0% or 9999% for many of them. I then = did a simple "toggle" test for GRT>=3D15, yes or no. Then did the same = for each of the QP2 projected numbers (>=3D15%, yes or no). I then = counted up the Yes/No matches between QP2 and VV. Here are the results: Using %EPS Proj CFY: 59% matched Using %EPS Proj 3-5 yrs: 62% matched Using %EPS Proj NFY: 57% matched Using a test where any one of the above 3 projected was >=3D15%: 47% = matched. I don't know what to tell you beyond that, but the using any of the QP2 = projected numbers, the differences are marked, so couldn't draw any = conclusions based on the tests I ran. Katherine ----- Original Message -----=20 From: SRP Singh=20 To: canslim@lists.xmission.com=20 Sent: Friday, May 24, 2002 3:33 PM Subject: Re: [CANSLIM] Updated CANSLIM hunting list Hi Katherine and ALL, Thanks for your reply. it really helps. I've the following items in my filter to arrive at forward growth rates cutoff. If %EPS Proj CFY >=3D 15.0 Or %EPS Proj CFY =3D 0.0 Or %EPS Proj NFY >=3D 20.0 It means projected/estimated EPS growth for Current Financial Year (CFY) should be greater than or equal to 15%=20 or=20 the same equal to zero as some stocks may not have any estimate or Projectd EPS growth for Next Financial Year (NFY) should be greater than or equal to 20 % Is this a valid way to filter out lower growth stocks ? or Should one use Current QUARTER (instead of Year) and Next QUARTER estimates? One can also take last 6 months actual EPS growth and extrapolate to arrive at next 6 month expected growth.=20 Which is the more valid way to arrive at growth figure ? Thanks, SRP --- Katherine Malm wrote: > Hi SRP, >=20 > 1. To find out if the RS Line is increasing, I > simply run a calculation based on the price today > vs. 26 weeks ago. The RS Line compares the price of > the stock to the S&P500 on that date and then plots > it. To be accurate, I should have said that I've > included stocks where the RS Line is not decreasing. > That is, I included anything where the RS Line was > the same or higher over 26 weeks. The calculation is > as follows: (Pn =3D Price now, P26 =3D Price 26 wks ago, > SPXn =3D SPX now, SPX26 =3D SPX 26 wks ago): >=20 > % Inc in RS Line 26 wks =3D (Pn/SPXn - P26/SPX26) / > (P26/SPX26) >=20 > The line you see on the DGO or IBD charts is a plot > of this relationship between Price & SPX over time > and is *not* a plot of the RS Ranking (1-99) over > time. That is, it tells you how the price of the > stock is doing relative to the S&P500. The RS > Ranking tells you how the stock is performing vs. > all other stocks based on price appreciation over > the last 12 months (based on 40% current quarter and > 20% for each of the previous quarters). >=20 > 2. D/E is Debt to Equity. Or, what some people > simply call the Debt Ratio. I like it to be <=3D50%, > but don't use it as a filter, just a weigh-in > factor. Reasons are numerous, including errors in > the data sources, the norm for the industry, etc. >=20 > Katherine > ----- Original Message -----=20 > From: SRP Singh=20 > To: canslim@lists.xmission.com=20 > Sent: Friday, May 24, 2002 12:20 PM > Subject: Re: [CANSLIM] Updated CANSLIM hunting > list >=20 >=20 > Hi Katherine, >=20 > Thanks for sharing spreadsheet. I've 2 questions > though. >=20 > 1. How or where do you get value for "an > increasing RS > Line for the last 26 wks" ? I can see the RS Line > at > charts in investors.com but how do you use it in > the > filter ? >=20 >=20 > 2. In one of your earlier mails you've mentioned > that > you prefer the following values : > ROE (prefer >=3D17%) > D/E (prefer <=3D50%) >=20 > Is this D/E is typo ? Should it be P/E ? Please > excuse > my ignorance. >=20 > Thanks, > SRP >=20 >=20 > --- Katherine Malm wrote: > > Hi All, > >=20 > > I've uploaded a more current spreadsheet with > links > > containing "CANSLIM hunting ground" stocks. > >=20 > > All stocks have forward growth rates >=3D15, have > an > > increasing RS Line for the last 26 wks, current > > RS>=3D60, Price>=3D200dMA, Price>=3D(-15%) of 50dMA, > A/D > > not D or E. Some stocks will slip through that > don't > > meet all the technical requirements because, > when > > data is missing, I let them pass. > >=20 > > Most stocks included have Price>=3D6, though some > > small fry slip through. Most AvgVols are >=3D30K, > > though again, some lower ADV's are included. > >=20 > > Stocks to be merged/acquired are not included. > >=20 > > Data current as of 5/22/02 > >=20 > > You'll find the spreadsheet at: =20 > > > =20 > http://WallStreet-LLC.com/canslim/CANSLIMHunting052202.zip > >=20 > > Happy Hunting, > > Katherine > >=20 > > PS Industries are NOT from DGO, so you will see > some > > differences between the industries identified > here > > and those as they are identified in DGO. > >=20 >=20 >=20 > __________________________________________________ > Do You Yahoo!? > LAUNCH - Your Yahoo! Music Experience > http://launch.yahoo.com >=20 > - > -To subscribe/unsubscribe, email > "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your > email. >=20 >=20 __________________________________________________ Do You Yahoo!? LAUNCH - Your Yahoo! Music Experience http://launch.yahoo.com - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. - ------=_NextPart_000_0006_01C205CA.F38668C0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Hi SRP,
 
I don't use the QP2 data, so folks using it may have a more = definitive=20 answer as to what they have found useful.
 
But...your question got me to wondering how the QP2 projections = matched=20 what I use in VectorVest. In VV, there is a forward growth parameter = (GRT) which=20 indicates the annual projected growth for "the next 1 to 3 years." I = always use=20 GRT>=3D15 in my own stock selection criteria.
 
I asked a friend who uses QP2 to forward the data for approx 3000 = stocks=20 with prices >=3D $6. I then ran a test to see how things compared = between my=20 numbers and the QP2 projected numbers. I deleted a lot of the stocks on = the list=20 because QP2 had 0% or 9999% for many of them. I then did a simple = "toggle" test=20 for GRT>=3D15, yes or no. Then did the same for each of the QP2 = projected=20 numbers (>=3D15%, yes or no). I then counted up the Yes/No matches = between QP2=20 and VV. Here are the results:
 
Using %EPS Proj CFY: 59% matched
Using %EPS Proj 3-5 yrs: 62% matched
Using %EPS Proj NFY: 57% matched
Using a test where any one of the above 3 projected was = >=3D15%:=20 47% matched.
 
I don't know what to tell you beyond that, but the using any of the = QP2=20 projected numbers, the differences are marked, so couldn't draw any = conclusions=20 based on the tests I ran.
 
Katherine
----- Original Message -----
From:=20 SRP=20 Singh
Sent: Friday, May 24, 2002 3:33 = PM
Subject: Re: [CANSLIM] Updated = CANSLIM=20 hunting list

Hi Katherine and=20 ALL,
         Thanks for = your=20 reply. it really helps.

I've the following items in my filter = to arrive=20 at
forward growth rates cutoff.

If %EPS Proj CFY >=3D = 15.0
Or=20 %EPS Proj CFY =3D 0.0
Or %EPS Proj NFY >=3D 20.0

It means = projected/estimated EPS growth for Current
Financial Year (CFY) = should be=20 greater than or equal
to 15%
or
the same equal to zero as = some=20 stocks may not have any
estimate
or Projectd EPS growth for Next = Financial Year (NFY)
should be greater than or equal to 20 = %

Is this=20 a valid way to filter out lower growth stocks
? or Should one use = Current=20 QUARTER (instead of Year)
and Next QUARTER estimates? One can also = take=20 last 6
months actual EPS growth and extrapolate to arrive = at
next 6=20 month expected growth.

Which is the more valid way to arrive = at growth=20 figure
?

Thanks,
SRP



--- Katherine Malm = <kmalm@earthlink.net> = wrote:
>=20 Hi SRP,
>
> 1. To find out if the RS Line is increasing,=20 I
> simply run a calculation based on the price today
> = vs. 26=20 weeks ago. The RS Line compares the price of
> the stock to the=20 S&P500 on that date and then plots
> it. To be accurate, I = should=20 have said that I've
> included stocks where the RS Line is not=20 decreasing.
> That is, I included anything where the RS Line = was
>=20 the same or higher over 26 weeks. The calculation is
> as = follows: (Pn =3D=20 Price now, P26 =3D Price 26 wks ago,
> SPXn =3D SPX now, SPX26 = =3D SPX 26 wks=20 ago):
>
> % Inc in RS Line 26 wks =3D (Pn/SPXn - = P26/SPX26)=20 /
> (P26/SPX26)
>
> The line you see on the DGO or = IBD=20 charts is a plot
> of this relationship between Price & SPX = over=20 time
> and is *not* a plot of the RS Ranking (1-99) over
> = time.=20 That is, it tells you how the price of the
> stock is doing = relative to=20 the S&P500. The RS
> Ranking tells you how the stock is = performing=20 vs.
> all other stocks based on price appreciation over
> = the last=20 12 months (based on 40% current quarter and
> 20% for each of = the=20 previous quarters).
>
> 2. D/E is Debt to Equity. Or, = what some=20 people
> simply call the Debt Ratio. I like it to be = <=3D50%,
>=20 but don't use it as a filter, just a weigh-in
> factor. Reasons = are=20 numerous, including errors in
> the data sources, the norm for = the=20 industry, etc.
>
> Katherine
>   ----- = Original=20 Message -----
>   From: SRP Singh =
>   To: canslim@lists.xmission.com= =20
>   Sent: Friday, May 24, 2002 12:20 = PM
>  =20 Subject: Re: [CANSLIM] Updated CANSLIM hunting
> list
> =
>=20
>   Hi Katherine,
> =
>    =20 Thanks for sharing spreadsheet. I've 2 questions
>  =20 though.
>
>   1. How or where do you get value = for=20 "an
> increasing RS
>   Line for the last 26 = wks" ? I=20 can see the RS Line
> at
>   charts in = investors.com but=20 how do you use it in
> the
>   filter ?
> =
>=20
>   2. In one of your earlier mails you've = mentioned
>=20 that
>   you prefer the following values = :
>  =20 ROE (prefer >=3D17%)
>   D/E (prefer = <=3D50%)
>=20
>   Is this D/E is typo ? Should it be P/E ? = Please
>=20 excuse
>   my ignorance.
>
>  =20 Thanks,
>   SRP
>
>
>   = - ---=20 Katherine Malm <kmalm@earthlink.net>=20 wrote:
>   > Hi All,
>   >=20
>   > I've uploaded a more current spreadsheet=20 with
> links
>   > containing "CANSLIM = hunting=20 ground" stocks.
>   >
>   > All = stocks=20 have forward growth rates >=3D15, have
> = an
>   >=20 increasing RS Line for the last 26 wks, current
>   = >=20 RS>=3D60, Price>=3D200dMA, Price>=3D(-15%) of 50dMA,
>=20 A/D
>   > not D or E. Some stocks will slip through = that
> don't
>   > meet all the technical=20 requirements because,
> when
>   > data is = missing, I=20 let them pass.
>   >
>   > Most = stocks=20 included have Price>=3D6, though some
>   > = small fry slip=20 through. Most AvgVols are >=3D30K,
>   > though = again,=20 some lower ADV's are included.
>   > =
>  =20 > Stocks to be merged/acquired are not = included.
>   >=20
>   > Data current as of = 5/22/02
>   >=20
>   > You'll find the spreadsheet at: =20
>   >
> 
>
http:= //WallStreet-LLC.com/canslim/CANSLIMHunting052202.zip
> &n= bsp;=20 >
>   > Happy Hunting,
>   > = Katherine
>   >
>   > PS = Industries are=20 NOT from DGO, so you will see
> some
>   >=20 differences between the industries identified
> = here
>  =20 > and those as they are identified in DGO.
>   > =
>
>
>  =20 __________________________________________________
>   = Do You=20 Yahoo!?
>   LAUNCH - Your Yahoo! Music=20 Experience
>   http://launch.yahoo.com
>=20
>   -
>   -To subscribe/unsubscribe,=20 email
> "majordomo@xmission.com"
>= ;  =20 -In the email body, write "subscribe canslim" or
>  =20 -"unsubscribe canslim".  Do not use quotes in your
> = email.
>=20
> =


__________________________________________________
Do=20 You Yahoo!?
LAUNCH - Your Yahoo! Music Experience
http://launch.yahoo.com

-
= - -To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your email. - ------=_NextPart_000_0006_01C205CA.F38668C0-- - - - -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, 28 May 2002 07:45:57 -0400 From: "James Wang" Subject: Re: [CANSLIM] ACRT or MXT? Thanks Tom & Katherine: Tom: I'd like to know what you meant by RS, it's not Relative Strength, is it? How to use the RS and how did you calculated them in > RS of 30 would keep ACRT off my list > RS of 18 would also block MCSI > RS of 9 on NYFX, goodbye > RS of 14 on MXT - sorry, none would go beyond a first glance for me >From: "Katherine Malm" >Reply-To: canslim@lists.xmission.com >To: >Subject: Re: [CANSLIM] ACRT or MXT? >Date: Mon, 27 May 2002 17:14:37 -0500 > >Hi James & Tom, > >Not to mention things like this in the significant developments raise >enough red flags to stay away from something like ACRT: > >http://yahoo.marketguide.com/MGI/news.asp?target=stocks%2Fcompanyinformation%2Fnews&Ticker=ACRT&TEXT=CMTX:20020412:102u4338 > >I'm with Tom.....just get in the habit of ignoring stocks with an RS<60 and >don't be tempted to bottom fish. Go to Investors.com and read articles on >Fallen Angels and Falling Knives to get the gist. > >Katherine > ----- Original Message ----- > From: Tom Worley > To: canslim@lists.xmission.com > Sent: Monday, May 27, 2002 4:53 PM > Subject: Re: [CANSLIM] ACRT or MXT? > > > Hi James, > > RS of 30 would keep ACRT off my list > RS of 18 would also block MCSI > RS of 9 on NYFX, goodbye > RS of 14 on MXT - sorry, none would go beyond a first glance for me > > all have recent, and substantial, overhead due to the recent price >declines. > They will be fighting resistance all the way back up. > > ----- Original Message ----- > From: "James Wang" > To: > Sent: Monday, May 27, 2002 5:29 PM > Subject: [CANSLIM] ACRT or MXT? > > > > > Hi, Just to learn recognizing potential winning > stocks, by their both fundamantals and technical > analysis. I recently did some research on the following > stocks, and find they could be great candidates for > longs. What do you think: > > ACRT: steady earings, low PE and low PEG, high short ratio. > > MCSI: good earings, good values. > > NYFX: should be great with economy's recovery. > > MXT: great potential with recovery, over 80% short in floats. Great >values. > > James > > _________________________________________________________________ > Chat with friends online, try MSN Messenger: http://messenger.msn.com > > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. > > > > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. _________________________________________________________________ Chat with friends online, try MSN Messenger: http://messenger.msn.com - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Tue, 28 May 2002 07:46:00 -0400 From: "James Wang" Subject: Re: [CANSLIM] ACRT or MXT? Thanks Tom & Katherine: Tom: I'd like to know what you meant by RS, it's not Relative Strength, is it? How to use the RS and how did you calculated them in > RS of 30 would keep ACRT off my list > RS of 18 would also block MCSI > RS of 9 on NYFX, goodbye > RS of 14 on MXT - sorry, none would go beyond a first glance for me >From: "Katherine Malm" >Reply-To: canslim@lists.xmission.com >To: >Subject: Re: [CANSLIM] ACRT or MXT? >Date: Mon, 27 May 2002 17:14:37 -0500 > >Hi James & Tom, > >Not to mention things like this in the significant developments raise >enough red flags to stay away from something like ACRT: > >http://yahoo.marketguide.com/MGI/news.asp?target=stocks%2Fcompanyinformation%2Fnews&Ticker=ACRT&TEXT=CMTX:20020412:102u4338 > >I'm with Tom.....just get in the habit of ignoring stocks with an RS<60 and >don't be tempted to bottom fish. Go to Investors.com and read articles on >Fallen Angels and Falling Knives to get the gist. > >Katherine > ----- Original Message ----- > From: Tom Worley > To: canslim@lists.xmission.com > Sent: Monday, May 27, 2002 4:53 PM > Subject: Re: [CANSLIM] ACRT or MXT? > > > Hi James, > > RS of 30 would keep ACRT off my list > RS of 18 would also block MCSI > RS of 9 on NYFX, goodbye > RS of 14 on MXT - sorry, none would go beyond a first glance for me > > all have recent, and substantial, overhead due to the recent price >declines. > They will be fighting resistance all the way back up. > > ----- Original Message ----- > From: "James Wang" > To: > Sent: Monday, May 27, 2002 5:29 PM > Subject: [CANSLIM] ACRT or MXT? > > > > > Hi, Just to learn recognizing potential winning > stocks, by their both fundamantals and technical > analysis. I recently did some research on the following > stocks, and find they could be great candidates for > longs. What do you think: > > ACRT: steady earings, low PE and low PEG, high short ratio. > > MCSI: good earings, good values. > > NYFX: should be great with economy's recovery. > > MXT: great potential with recovery, over 80% short in floats. Great >values. > > James > > _________________________________________________________________ > Chat with friends online, try MSN Messenger: http://messenger.msn.com > > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. > > > > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. _________________________________________________________________ Chat with friends online, try MSN Messenger: http://messenger.msn.com - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Tue, 28 May 2002 07:53:30 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] ACRT or MXT? Hi James, Yes, it is Relative Strength, and is taken directly from DGO. It is a measure of where the price is today vs where it has been over the past 12 months, and is a good indicator of overhead resistance (along with visualizing the chart). Since I usually only look at stocks hitting new highs, rarely am I looking at charts where RS is under 80. - ----- Original Message ----- From: "James Wang" To: Sent: Tuesday, May 28, 2002 7:45 AM Subject: Re: [CANSLIM] ACRT or MXT? Thanks Tom & Katherine: Tom: I'd like to know what you meant by RS, it's not Relative Strength, is it? How to use the RS and how did you calculated them in > RS of 30 would keep ACRT off my list > RS of 18 would also block MCSI > RS of 9 on NYFX, goodbye > RS of 14 on MXT - sorry, none would go beyond a first glance for me >From: "Katherine Malm" >Reply-To: canslim@lists.xmission.com >To: >Subject: Re: [CANSLIM] ACRT or MXT? >Date: Mon, 27 May 2002 17:14:37 -0500 > >Hi James & Tom, > >Not to mention things like this in the significant developments raise >enough red flags to stay away from something like ACRT: > >http://yahoo.marketguide.com/MGI/news.asp?target=stocks%2Fcompanyinformatio n%2Fnews&Ticker=ACRT&TEXT=CMTX:20020412:102u4338 > >I'm with Tom.....just get in the habit of ignoring stocks with an RS<60 and >don't be tempted to bottom fish. Go to Investors.com and read articles on >Fallen Angels and Falling Knives to get the gist. > >Katherine > ----- Original Message ----- > From: Tom Worley > To: canslim@lists.xmission.com > Sent: Monday, May 27, 2002 4:53 PM > Subject: Re: [CANSLIM] ACRT or MXT? > > > Hi James, > > RS of 30 would keep ACRT off my list > RS of 18 would also block MCSI > RS of 9 on NYFX, goodbye > RS of 14 on MXT - sorry, none would go beyond a first glance for me > > all have recent, and substantial, overhead due to the recent price >declines. > They will be fighting resistance all the way back up. > > ----- Original Message ----- > From: "James Wang" > To: > Sent: Monday, May 27, 2002 5:29 PM > Subject: [CANSLIM] ACRT or MXT? > > > > > Hi, Just to learn recognizing potential winning > stocks, by their both fundamantals and technical > analysis. I recently did some research on the following > stocks, and find they could be great candidates for > longs. What do you think: > > ACRT: steady earings, low PE and low PEG, high short ratio. > > MCSI: good earings, good values. > > NYFX: should be great with economy's recovery. > > MXT: great potential with recovery, over 80% short in floats. Great >values. > > James > > _________________________________________________________________ > Chat with friends online, try MSN Messenger: http://messenger.msn.com > > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. > > > > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. _________________________________________________________________ Chat with friends online, try MSN Messenger: http://messenger.msn.com - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Tue, 28 May 2002 07:56:57 -0400 From: "James Wang" Subject: Re: [CANSLIM] ACRT or MXT? Thanks Tom & Katherine for your advice: Tom: I'd like to know what you meant by RS, it's not Relative Strength, is it? How to use the RS and how did you calculated them in > RS of 30 would keep ACRT off my list > RS of 18 would also block MCSI > RS of 9 on NYFX, goodbye > RS of 14 on MXT - sorry, none would go beyond a first glance for me Katherine: The RS you mentioned, I guess, is the Relative Strength, and you prefer it > 60 at the least. I agree with you. Do you avoid/sell any company as soon as there is a law sue come? I went to the web site you recommended and wondered which articles you particularly implied? A common question to you both: do you still believe in "buy and hold" and which method you prefer when you pick a stock, using technical (what kind) or relying on fundamentals (or strictly follow CANSLIM)? Thanks again. James >From: "Katherine Malm" >Reply-To: canslim@lists.xmission.com >To: >Subject: Re: [CANSLIM] ACRT or MXT? >Date: Mon, 27 May 2002 17:14:37 -0500 > >Hi James & Tom, > >Not to mention things like this in the significant developments raise >enough red flags to stay away from something like ACRT: > >http://yahoo.marketguide.com/MGI/news.asp?target=stocks%2Fcompanyinformation%2Fnews&Ticker=ACRT&TEXT=CMTX:20020412:102u4338 > >I'm with Tom.....just get in the habit of ignoring stocks with an RS<60 and >don't be tempted to bottom fish. Go to Investors.com and read articles on >Fallen Angels and Falling Knives to get the gist. > >Katherine > ----- Original Message ----- > From: Tom Worley > To: canslim@lists.xmission.com > Sent: Monday, May 27, 2002 4:53 PM > Subject: Re: [CANSLIM] ACRT or MXT? > > > Hi James, > > RS of 30 would keep ACRT off my list > RS of 18 would also block MCSI > RS of 9 on NYFX, goodbye > RS of 14 on MXT - sorry, none would go beyond a first glance for me > > all have recent, and substantial, overhead due to the recent price >declines. > They will be fighting resistance all the way back up. > > ----- Original Message ----- > From: "James Wang" > To: > Sent: Monday, May 27, 2002 5:29 PM > Subject: [CANSLIM] ACRT or MXT? > > > > > Hi, Just to learn recognizing potential winning > stocks, by their both fundamantals and technical > analysis. I recently did some research on the following > stocks, and find they could be great candidates for > longs. What do you think: > > ACRT: steady earings, low PE and low PEG, high short ratio. > > MCSI: good earings, good values. > > NYFX: should be great with economy's recovery. > > MXT: great potential with recovery, over 80% short in floats. Great >values. > > James > > _________________________________________________________________ > Chat with friends online, try MSN Messenger: http://messenger.msn.com > > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. > > > > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. _________________________________________________________________ Join the world’s largest e-mail service with MSN Hotmail. http://www.hotmail.com - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ End of canslim-digest V2 #2457 ****************************** 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.