From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #2510 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 Sunday, June 23 2002 Volume 02 : Number 2510 In this issue: Re: [CANSLIM] IBD Archives Workaround [CANSLIM] Worley's Weekend Weeview Re: [CANSLIM] Worley's Weekend Weeview ---------------------------------------------------------------------- Date: Sat, 22 Jun 2002 21:53:14 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] IBD Archives Workaround My company evaluated Star Office at work, and I was not impressed with the comments and reviews from users. - ----- Original Message ----- From: "Winston Little" To: Sent: Saturday, June 22, 2002 9:48 PM Subject: Re: [CANSLIM] IBD Archives Workaround Mr Softee has a new challenge from a team supported by the SUN according to an article in the Friday NY Times. A brief extract from the NY Times article follows: "Now there is one. It's called OpenOffice, and it has a killer feature: it's free. Like Microsoft Office, OpenOffice - whose official name is OpenOffice.org 1.0 - comes with a word processor, a spreadsheet program and a slide-show program. It lacks an e-mail program and database, but does have a powerful graphics program and a Web-page editor. Amazingly, all this fits in a 50-megabyte download from www.openoffice.org. You have your choice of 27 languages and three operating systems: Windows, Linux or Solaris. (A Mac OS X version is in the works.) How could such a sweet suite be free? OpenOffice is what's called an open-source project: a carefully orchestrated group effort by programmers all over the world, donating their time and talent to making a dent in the Microsoft monopoly. That's not to imply that the software isn't polished, stable and fast; it is. Still, if the notion of global-community-as-software-company makes you uneasy (who gets the call for tech support?), you can also buy a boxed copy of the software from Sun, which started and coordinates the OpenOffice project. For $76 - compared with $580 for the full Microsoft Office - Sun's version, called StarOffice, offers a few goodies the free " - ----- Original Message ----- From: "Tom Worley" To: Sent: Friday, June 21, 2002 8:28 PM Subject: Re: [CANSLIM] IBD Archives Workaround > heck, I would probably pay more just to help establish some competition. I > hate monopolies, Mr. Softee not withstanding. > > ----- Original Message ----- > From: "Hill, Ernie" > To: > Sent: Friday, June 21, 2002 2:14 PM > Subject: RE: [CANSLIM] IBD Archives Workaround > > > So, Duke would you be willing to charge group members a discounted rate from > IBD rates for your archived articles? > > E > > PS: I am sure most of us would come to you first. > > -----Original Message----- > From: Duke Miller [mailto:dukemill@tampabay.rr.com] > Sent: Friday, June 21, 2002 12:12 PM > To: canslim@lists.xmission.com > Subject: RE: [CANSLIM] IBD Archives Workaround > > Good tip Kelly. > > Or...if you're perusing the site and want to save a story, go to the top > of IE, select File/Save As, then put the article in a directory for > later viewing or reference. In other words, build you own archive. I > do this everyday with Screen of The Day, some investor's corner > articles, etc. > > Duke > > -----Original Message----- > From: owner-canslim@lists.xmission.com > [mailto:owner-canslim@lists.xmission.com] On Behalf Of Kelly Short > Sent: Friday, June 21, 2002 11:51 AM > To: canslim@lists.xmission.com > Subject: [CANSLIM] IBD Archives Workaround > > > A computer tip: > > As if IBD doesn't make enough money of its subscribers- they charge you > for archived stories- even from yesterday. Well- it may be cheating the > system, but let's say you are looking for a story that you viewed > yesterday on the IBD web site and you don't want to pay $2.95 to > download it today. Chances are it is still cached on your hard drive and > you can search for it using Windows Explorer. I was able to view the > Who's Who in Restaurants chart from yesterday using this method. > > - > -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. > > > ****************************************************************** > This email and any files transmitted with it from the ElPaso > Corporation are confidential and intended solely for the > use of the individual or entity to whom they are addressed. > If you have received this email in error please notify the > sender. > ****************************************************************** > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. > > > > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. > - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Sun, 23 Jun 2002 07:42:24 -0400 From: "Tom Worley" Subject: [CANSLIM] Worley's Weekend Weeview This is a multi-part message in MIME format. - ------=_NextPart_000_002D_01C21A89.83F330F0 Content-Type: multipart/alternative; boundary="----=_NextPart_001_002E_01C21A89.83F330F0" - ------=_NextPart_001_002E_01C21A89.83F330F0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable ECONOMICS Factory orders gains for April were roughly cut in half as an annual = adjustment was made to bring the data in line with the broader data from = the Annual Survey of Manufacturers. New Unemployment Claims continue the declining trend seen in past weeks. = Since the benefits duration was extended, and those whose benefits had = expired returned to refile for the extension (even tho Labor was unable = to quantify the impact), the new claims has been steadily declining back = under 400K. The four week moving average has now also fallen under 400K. Trade Deficit in April jumped over 10% to an all time high of $35.9 = billion reflecting, among other things, a very weak dollar, and strength = in imported oil prices. Fear of a dock strike in California may have = also increased imports. Index of leading economic indicators rose 0.4% in May to 112.2 after a = 0.3% drop in April. Expectations were for only a 0.2% rise. The weakening US dollar is showing up more and more. In the past month = or so, it has dropped over 10% against the Euro. It has continued to = fall as well against the yen. Combined with the net decrease of = purchasing of US securities by foreign investors, the trend is likely to = continue and could threaten a recovery. In the 4th quarter, foreign = purchases of US stocks dropped $8 billion to $25 billion. And on US = Treasury bonds, there was a net sale of $5.7 billion compared to prior = net purchase of $27.2 billion. That is a huge swing. While the weakening = dollar, by itself, increases the value of imports and decreases the = value of exports, thus widening the Trade Deficit as well as the Current = Account, eventually it can also result in making US manufacturer's = products more price competitive, and generate new sales and demands for = US goods. Oil production in the second half of the year is likely to increase as = several non-OPEC countries (latest being Venezuela following Norway, = Russia) cease their recent cuts.=20 Good summary on the current state of the US economy can be found at http://money.cnn.com/2002/06/21/news/economy/econ_roundup/index.htm=20 - -------------------------------------------------------------------------= - ------- "M" Both the DOW and the S&P 500 closed down for the week, fifth week in a = row for that, and first time in a year to be down 5 consecutive weeks. = Naz finished only 17 points off its 9/11 bottom. Either capitulation = better happen real soon, or we are in some mighty deep doo doo. - -------------------------------------------------------------------------= - ------- WORLEY'S WATCHLIST WANNABES This list is in no way intended to recommend any stocks to the group. It = is a part of my regular assessment of the health of CANSLIM's "M" and, = as the name implies, only intended to identify some stocks with = constructive chart patterns that may be worth WATCHING (and of course = doing your own due diligence). I typically list stocks with both RS and = EPS ranking of 80 or better, and try to exclude stocks undergoing any = merger / acquisition / buyout scenario. I also exclude those stocks I = spot with earnings forecast for this year and next that are not at least = close to 20%. I do no other due diligence. The population of stocks I am reviewing this weekend continued to slide = further during the past week. Daily lists were not even a page long, and = little of interest to me. The across the board slide continuing in all = indexes, including small cap growth, has hurt a lot of otherwise good = looking charts. AMZ - LLUR CECO - B8 CHS - turning into a LLUR? COCO - b/o Friday on 1.5X ADV CPS - young LLUR? ELUX - triple bottom ENR - nice chart, but weak forecast for 2003 ERES - another nice chart, clear LLUR but with strong earnings forecast FCN - volatile LLUR FNLY - B6 HIBB - 10 week consolidation HLYW - 10 week consolidation, might be a recession/fear of terrorism = play, cheaper than the movies and safer HUG - at the pivot JJSF - another 10 week consolidation LABS - broke the pivot Thursday, volume not sufficient, former LLUR LION - B9 MCRS - 10 week handle on a nice cup?? sign of the times for c&h = formations?? MMSI - triple bottom? c&h?? NTK - broke the pivot on Friday on 8X ADV, benefiting from the continued = strong home construction market OCAS - B3 ODSY - B9 OVRL - b/o holding despite "M", owned, in my VR Fund PETM - LLUR, basing due "M"?? SCVL - broke pivot Friday on 3X ADV SSNC - Tuesday's b/o on volume holding despite "M", in my VR Fund SYPR - nice recovery last week, over 50dma and into resistance, in my VR = Fund TRI - B2 WSH - B4 Happy Hunting, Tom Worley stkguru@bellsouth.net AIM: TexWorley - ------=_NextPart_001_002E_01C21A89.83F330F0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
ECONOMICS
Factory orders gains for April were roughly cut = in half as=20 an annual adjustment was made to bring the data in line with the broader = data=20 from the Annual Survey of Manufacturers.
 
New Unemployment Claims continue the declining = trend seen=20 in past weeks. Since the benefits duration was extended, and those = whose=20 benefits had expired returned to refile for the extension (even tho = Labor was=20 unable to quantify the impact), the new claims has been steadily = declining back=20 under 400K. The four week moving average has now also fallen under=20 400K.
 
Trade Deficit in April jumped over 10% to an all = time high=20 of $35.9 billion reflecting, among other things, a very weak dollar, and = strength in imported oil prices. Fear of a dock strike in California may = have=20 also increased imports.
 
Index of leading economic indicators rose 0.4% = in May to=20 112.2 after a 0.3% drop in April. Expectations were for only a 0.2%=20 rise.
 
The weakening US dollar is showing up more and = more. In=20 the past month or so, it has dropped over 10% against the Euro. It has = continued=20 to fall as well against the yen. Combined with the net decrease of = purchasing of=20 US securities by foreign investors, the trend is likely to continue and = could=20 threaten a recovery. In the 4th quarter, foreign purchases of US stocks = dropped=20 $8 billion to $25 billion. And on US Treasury bonds, there was a net = sale of=20 $5.7 billion compared to prior net purchase of $27.2 billion. That is a = huge=20 swing. While the weakening dollar, by itself, increases the value of = imports and=20 decreases the value of exports, thus widening the Trade Deficit as well = as the=20 Current Account, eventually it can also result in making US = manufacturer's=20 products more price competitive, and generate new sales and demands for = US=20 goods.
 
Oil production in the second half of the year is = likely to=20 increase as several non-OPEC countries (latest being Venezuela following = Norway,=20 Russia) cease their recent cuts.
 
Good summary on the current state of the US = economy can be=20 found at
http://money.cnn.com/2002/06/21/news/economy/econ_roundup/index.htm=20
"M"
Both the DOW and the S&P 500 closed down for = the week,=20 fifth week in a row for that, and first time in a year to be down 5 = consecutive=20 weeks. Naz finished only 17 points off its 9/11 bottom. Either = capitulation=20 better happen real soon, or we are in some mighty deep doo doo.
WORLEY'S WATCHLIST = WANNABES
This list is in no way intended to recommend any = stocks to=20 the group. It is a part of my regular assessment of the health of = CANSLIM's "M"=20 and, as the name implies, only intended to identify some stocks with=20 constructive chart patterns that may be worth WATCHING (and of course = doing your=20 own due diligence). I typically list stocks with both RS and EPS ranking = of 80=20 or better, and try to exclude stocks undergoing any merger / acquisition = /=20 buyout scenario. I also exclude those stocks I spot with earnings = forecast for=20 this year and next that are not at least close to 20%. I do no other due = diligence.
 
The population of stocks I am reviewing this = weekend=20 continued to slide further during the past week. Daily lists were not = even a=20 page long, and little of interest to me. The across the board slide = continuing=20 in all indexes, including small cap growth, has hurt a lot of otherwise = good=20 looking charts.
 
AMZ - LLUR
CECO - B8
CHS - turning into a LLUR?
COCO - b/o Friday on 1.5X ADV
CPS - young LLUR?
ELUX - triple bottom
ENR - nice chart, but weak forecast for = 2003
ERES - another nice chart, clear LLUR but with = strong=20 earnings forecast
FCN - volatile LLUR
FNLY - B6
HIBB - 10 week consolidation
HLYW - 10 week consolidation, might be a = recession/fear of=20 terrorism play, cheaper than the movies and safer
HUG - at the pivot
JJSF - another 10 week = consolidation
LABS - broke the pivot Thursday, volume not = sufficient,=20 former LLUR
LION - B9
MCRS - 10 week handle on a nice cup?? sign of = the times=20 for c&h formations??
MMSI - triple bottom? c&h??
NTK - broke the pivot on Friday on 8X ADV, = benefiting from=20 the continued strong home construction market
OCAS - B3
ODSY - B9
OVRL - b/o holding despite "M", owned, in my VR=20 Fund
PETM - LLUR, basing due "M"??
SCVL - broke pivot Friday on 3X ADV
SSNC - Tuesday's b/o on volume holding despite = "M", in my=20 VR Fund
SYPR - nice recovery last week, over 50dma and = into=20 resistance, in my VR Fund
TRI - B2
WSH - B4
 
Happy Hunting,
3D""
Tom Worley
stkguru@bellsouth.net
AIM: = TexWorley
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Do not use quotes in your email. ------------------------------ Date: Sun, 23 Jun 2002 10:01:02 -0400 From: "J. Lobatto" Subject: Re: [CANSLIM] Worley's Weekend Weeview This is a multi-part message in MIME format. - ------=_NextPart_000_0017_01C21A9C.E1CD1750 Content-Type: multipart/alternative; boundary="----=_NextPart_001_0018_01C21A9C.E1CD1750" - ------=_NextPart_001_0018_01C21A9C.E1CD1750 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Tom, Thanks again for another WWW. I believe NTK is the subject of a buyout = offer. Jon ----- Original Message -----=20 From: Tom Worley=20 To: CANSLIM=20 Sent: Sunday, June 23, 2002 7:42 AM Subject: [CANSLIM] Worley's Weekend Weeview ECONOMICS Factory orders gains for April were roughly cut in half as an annual = adjustment was made to bring the data in line with the broader data from = the Annual Survey of Manufacturers. New Unemployment Claims continue the declining trend seen in past = weeks. Since the benefits duration was extended, and those whose = benefits had expired returned to refile for the extension (even tho = Labor was unable to quantify the impact), the new claims has been = steadily declining back under 400K. The four week moving average has now = also fallen under 400K. Trade Deficit in April jumped over 10% to an all time high of $35.9 = billion reflecting, among other things, a very weak dollar, and strength = in imported oil prices. Fear of a dock strike in California may have = also increased imports. Index of leading economic indicators rose 0.4% in May to 112.2 after a = 0.3% drop in April. Expectations were for only a 0.2% rise. The weakening US dollar is showing up more and more. In the past month = or so, it has dropped over 10% against the Euro. It has continued to = fall as well against the yen. Combined with the net decrease of = purchasing of US securities by foreign investors, the trend is likely to = continue and could threaten a recovery. In the 4th quarter, foreign = purchases of US stocks dropped $8 billion to $25 billion. And on US = Treasury bonds, there was a net sale of $5.7 billion compared to prior = net purchase of $27.2 billion. That is a huge swing. While the weakening = dollar, by itself, increases the value of imports and decreases the = value of exports, thus widening the Trade Deficit as well as the Current = Account, eventually it can also result in making US manufacturer's = products more price competitive, and generate new sales and demands for = US goods. Oil production in the second half of the year is likely to increase as = several non-OPEC countries (latest being Venezuela following Norway, = Russia) cease their recent cuts.=20 Good summary on the current state of the US economy can be found at http://money.cnn.com/2002/06/21/news/economy/econ_roundup/index.htm=20 - -------------------------------------------------------------------------= - ----- "M" Both the DOW and the S&P 500 closed down for the week, fifth week in a = row for that, and first time in a year to be down 5 consecutive weeks. = Naz finished only 17 points off its 9/11 bottom. Either capitulation = better happen real soon, or we are in some mighty deep doo doo. - -------------------------------------------------------------------------= - ----- WORLEY'S WATCHLIST WANNABES This list is in no way intended to recommend any stocks to the group. = It is a part of my regular assessment of the health of CANSLIM's "M" = and, as the name implies, only intended to identify some stocks with = constructive chart patterns that may be worth WATCHING (and of course = doing your own due diligence). I typically list stocks with both RS and = EPS ranking of 80 or better, and try to exclude stocks undergoing any = merger / acquisition / buyout scenario. I also exclude those stocks I = spot with earnings forecast for this year and next that are not at least = close to 20%. I do no other due diligence. The population of stocks I am reviewing this weekend continued to = slide further during the past week. Daily lists were not even a page = long, and little of interest to me. The across the board slide = continuing in all indexes, including small cap growth, has hurt a lot of = otherwise good looking charts. AMZ - LLUR CECO - B8 CHS - turning into a LLUR? COCO - b/o Friday on 1.5X ADV CPS - young LLUR? ELUX - triple bottom ENR - nice chart, but weak forecast for 2003 ERES - another nice chart, clear LLUR but with strong earnings = forecast FCN - volatile LLUR FNLY - B6 HIBB - 10 week consolidation HLYW - 10 week consolidation, might be a recession/fear of terrorism = play, cheaper than the movies and safer HUG - at the pivot JJSF - another 10 week consolidation LABS - broke the pivot Thursday, volume not sufficient, former LLUR LION - B9 MCRS - 10 week handle on a nice cup?? sign of the times for c&h = formations?? MMSI - triple bottom? c&h?? NTK - broke the pivot on Friday on 8X ADV, benefiting from the = continued strong home construction market OCAS - B3 ODSY - B9 OVRL - b/o holding despite "M", owned, in my VR Fund PETM - LLUR, basing due "M"?? SCVL - broke pivot Friday on 3X ADV SSNC - Tuesday's b/o on volume holding despite "M", in my VR Fund SYPR - nice recovery last week, over 50dma and into resistance, in my = VR Fund TRI - B2 WSH - B4 Happy Hunting, Tom Worley stkguru@bellsouth.net AIM: TexWorley - ------=_NextPart_001_0018_01C21A9C.E1CD1750 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Tom,
 
Thanks again for another WWW. I believe = NTK is=20 the subject of a buyout offer.
 
Jon
----- Original Message -----
From:=20 Tom=20 Worley
To: CANSLIM
Sent: Sunday, June 23, 2002 = 7:42 AM
Subject: [CANSLIM] Worley's = Weekend=20 Weeview

ECONOMICS
Factory orders gains for April were roughly = cut in half=20 as an annual adjustment was made to bring the data in line with the = broader=20 data from the Annual Survey of Manufacturers.
 
New Unemployment Claims continue the declining = trend=20 seen in past weeks. Since the benefits duration was extended, and = those=20 whose benefits had expired returned to refile for the extension (even = tho=20 Labor was unable to quantify the impact), the new claims has been = steadily=20 declining back under 400K. The four week moving average has now also = fallen=20 under 400K.
 
Trade Deficit in April jumped over 10% to an = all time=20 high of $35.9 billion reflecting, among other things, a very weak = dollar, and=20 strength in imported oil prices. Fear of a dock strike in California = may have=20 also increased imports.
 
Index of leading economic indicators rose 0.4% = in May to=20 112.2 after a 0.3% drop in April. Expectations were for only a 0.2%=20 rise.
 
The weakening US dollar is showing up more and = more. In=20 the past month or so, it has dropped over 10% against the Euro. It has = continued to fall as well against the yen. Combined with the net = decrease of=20 purchasing of US securities by foreign investors, the trend is likely = to=20 continue and could threaten a recovery. In the 4th quarter, foreign = purchases=20 of US stocks dropped $8 billion to $25 billion. And on US Treasury = bonds,=20 there was a net sale of $5.7 billion compared to prior net purchase of = $27.2=20 billion. That is a huge swing. While the weakening dollar, by itself,=20 increases the value of imports and decreases the value of exports, = thus=20 widening the Trade Deficit as well as the Current Account, eventually = it can=20 also result in making US manufacturer's products more price = competitive, and=20 generate new sales and demands for US goods.
 
Oil production in the second half of the year = is likely=20 to increase as several non-OPEC countries (latest being Venezuela = following=20 Norway, Russia) cease their recent cuts.
 
Good summary on the current state of the US = economy can=20 be found at
http://money.cnn.com/2002/06/21/news/economy/econ_roundup/index.htm=20
"M"
Both the DOW and the S&P 500 closed down = for the=20 week, fifth week in a row for that, and first time in a year to be = down 5=20 consecutive weeks. Naz finished only 17 points off its 9/11 bottom. = Either=20 capitulation better happen real soon, or we are in some mighty deep = doo=20 doo.
WORLEY'S WATCHLIST=20 WANNABES
This list is in no way intended to recommend = any stocks=20 to the group. It is a part of my regular assessment of the health of = CANSLIM's=20 "M" and, as the name implies, only intended to identify some stocks = with=20 constructive chart patterns that may be worth WATCHING (and of course = doing=20 your own due diligence). I typically list stocks with both RS and EPS = ranking=20 of 80 or better, and try to exclude stocks undergoing any merger / = acquisition=20 / buyout scenario. I also exclude those stocks I spot with earnings = forecast=20 for this year and next that are not at least close to 20%. I do no = other due=20 diligence.
 
The population of stocks I am reviewing this = weekend=20 continued to slide further during the past week. Daily lists were not = even a=20 page long, and little of interest to me. The across the board slide = continuing=20 in all indexes, including small cap growth, has hurt a lot of = otherwise good=20 looking charts.
 
AMZ - LLUR
CECO - B8
CHS - turning into a LLUR?
COCO - b/o Friday on 1.5X ADV
CPS - young LLUR?
ELUX - triple bottom
ENR - nice chart, but weak forecast for=20 2003
ERES - another nice chart, clear LLUR but with = strong=20 earnings forecast
FCN - volatile LLUR
FNLY - B6
HIBB - 10 week consolidation
HLYW - 10 week consolidation, might be a = recession/fear=20 of terrorism play, cheaper than the movies and safer
HUG - at the pivot
JJSF - another 10 week = consolidation
LABS - broke the pivot Thursday, volume not = sufficient,=20 former LLUR
LION - B9
MCRS - 10 week handle on a nice cup?? sign of = the times=20 for c&h formations??
MMSI - triple bottom? c&h??
NTK - broke the pivot on Friday on 8X ADV, = benefiting=20 from the continued strong home construction market
OCAS - B3
ODSY - B9
OVRL - b/o holding despite "M", owned, in my = VR=20 Fund
PETM - LLUR, basing due "M"??
SCVL - broke pivot Friday on 3X = ADV
SSNC - Tuesday's b/o on volume holding despite = "M", in=20 my VR Fund
SYPR - nice recovery last week, over 50dma and = into=20 resistance, in my VR Fund
TRI - B2
WSH - B4
 
Happy Hunting,
3D""
Tom Worley
stkguru@bellsouth.net
AIM:=20 TexWorley
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