From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #2598 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, July 13 2002 Volume 02 : Number 2598 In this issue: Re: [CANSLIM] Doom and Gloom Re: [CANSLIM] Doom and Gloom [CANSLIM] Accounting stuff (off topic, sorta) Re: [CANSLIM] Doom and Gloom [CANSLIM] 90-90 days Re: [CANSLIM] LLUR vs. Late Stage Base Re: [CANSLIM] Cheap? Re: [CANSLIM] 90-90 days Re: [CANSLIM] Doom and Gloom Re: [CANSLIM] Accounting stuff (off topic, sorta) Re: [CANSLIM] 90-90 days Re: [CANSLIM] 90-90 days Re: [CANSLIM] Accounting stuff (off topic, sorta) [CANSLIM] The Acc/Dist numbers are making new lows. Re: [CANSLIM] Accounting stuff (off topic, sorta) Re: [CANSLIM] Cheap? [CANSLIM] Somewhat off topic, but not really ---------------------------------------------------------------------- Date: Fri, 12 Jul 2002 15:28:30 -0700 From: "zillagirl" Subject: Re: [CANSLIM] Doom and Gloom There is an article at CBSMarketwatch.com pertaining to tops and bottoms.Written by Paul Desmond.He won the Charles Dow award this year for his research on TOPS and BOTTOMS. Its based on his 90/90 theory using up/ down volume.I don't know how to send the URL so here is how to get to it if interested. Go to web site above. About 1/2 way down page click on link about 90/90 theory. On next 2 or 3 pages click on 90/90 link within article. The article was written on 7/2/02. He says we have hit a couple of close days in the last week. It left me hopeful. Would like feedback if anyone reads..Thanks zillagirl - ----- Original Message ----- From: "Rocky Sanghvi" To: Sent: Friday, July 12, 2002 10:56 AM Subject: RE: [CANSLIM] Doom and Gloom > Ernie, > > Thanks for the insight. Its truly appreciated. If this scenario does come > to pass - the ramifications for all the invested "common folk" - from the > non-affluent class of people who believed that they need to squirell away > 50-100 a month into their retirement programs to the affluent baby boomers > who still havent touched their IRAs, Roths or 401Ks - will be massive. > > The dollar continues to be low with implications for our structural > finance - interests rates, inflation and the economy. Mortages and easy > money continue to multiply - worse yet - credit availability is now > contingent on the abilities of the "credit-risks" to pay back. For > creditors to stay in business they must constantly make more in interest > payments than they lose in defaults. While this is possible when interest > rates are low - watch out - if the interest rates are forced upwards by the > falling dollar. Also, there are still significant numbers of "cooked books" > out there. Accounting is not black and white - someone said recently :). > > All this comes as the baby boomers head of into retirement. Maybe I am just > a chronic worrier not taking my medication, but those charts (S&P and Dow) > are pretty compelling. I appreciate everyone's feedback and while these are > not CANSLIM posts - a discussion on market conditions is healthy. > > By the way, did anyone see the CNBC article on baseball salaries? I didnt > know that the average baseball salary in 1969 was only 25K. Its now 2.5mil. > > Rocky > > -----Original Message----- > From: owner-canslim@lists.xmission.com > [mailto:owner-canslim@lists.xmission.com]On Behalf Of Hill, Ernie > Sent: Friday, July 12, 2002 9:37 AM > To: 'canslim@lists.xmission.com' > Subject: RE: [CANSLIM] Doom and Gloom > > > First I will address the article and the H&S chart pattern of the S&P. The > H&S pattern is unquestionably obvious in the chart. What the author says > about the pattern is true to the best of my knowledge. One positive note > here is that H&S patterns aren't super reliable. I think their reliability > is somewhere along the lines of 60-65%. Someone may need to correct me on > this one. > > As for the fundamental problems that could precipitate such a collapse, take > your pick there is plenty to choose from. > > Back to the charts and the technical condition of the market. We have > already discussed recently the similarity of 29-32 price action to that of > our present market, and I mentioned and tried unsuccessfully to post a chart > of the S&P overlaid on the Japanese market with a 16 year shift. In both > cases the similarities are striking and frightening. I also spoke about the > 15-17 year cycle (which some believe varies between 14-20 years) I am > convinced of the validity of this cycle and believe it has peaked in 2000. > > I have also applied my stuff to look at the S&P long term. It too paints a > very scary picture. My short term stuff is continuing to result in lows that > come later than expected and hit or exceed my low targets. The short term > highs are occurring earlier than projected and finding it more and more > difficult to even reach my low targets for them. With my method this tells > me that there is strong underlying weakness in the market even more than > what is obvious to anyone who looks at a chart. Just from looking at what I > do the evidence is building that there could be an acceleration in the rate > of decline, and it could be about to happen very soon. The earliest time > frame that my method is forecasting for a bottom to the down-trend that > began in March of this year is March of next year, with a bottom in > September of 2003 being more likely. > > The bottom line is this, from a purely technical perspective everything I > see from my work to other peoples work points to a 29-32 style collapse in > equity prices. However, have you ever noticed how when you get a new model > of car you start seeing the same model car everywhere. I can only hope that > this is the same phenomena that I am experiencing with regards to my > technical analysis. I am not as eager as some of you are to see a cliff > style collapse in the equity markets. I fear that if this scenario is indeed > played out that there will be serious economic consequences to be suffered. > > As for the DOW 20 year chart I don't follow the DOW so I would have to start > from scratch to give an assessment of its condition. Since I don't like to > give un-researched opinions and I don't have the time to do the research it > would be best for me not to comment on this chart. > > E > > > -----Original Message----- > From: Mona Guarino [mailto:webmaster@design21.com] > Sent: Friday, July 12, 2002 12:37 AM > To: canslim@lists.xmission.com > Subject: RE: [CANSLIM] Doom and Gloom > > Ernie, > > try: www.design21.com/canslim/doom.html > > I put a very simple page on my server with the links. You should be able to > get to it easier. > > I, too, am very interested to hear your comments and value your sharing your > market info. > > -- Mona > > > -----Original Message----- > > From: owner-canslim@lists.xmission.com > > [mailto:owner-canslim@lists.xmission.com]On Behalf Of Hill, Ernie > > Sent: Thursday, July 11, 2002 7:12 PM > > To: 'canslim@lists.xmission.com' > > Subject: RE: [CANSLIM] Doom and Gloom > > > > > > I have followed your instructions to the letter and I keep getting the > > Prudent Bear commentary archives. > > > > E > > > > -----Original Message----- > > From: Mike Gibbons [mailto:mikegibbons@proactech.com] > > Sent: Thursday, July 11, 2002 8:02 PM > > To: canslim@lists.xmission.com > > Subject: RE: [CANSLIM] Doom and Gloom > > > > Ernie, Outlook wraps the links and makes them ineffective. > > > > To correct the problem, I do the following: > > > > 1. Click "forward" - this gives an editable orm of the message > > 2. Move cursor to the beginning odf the second line of the link and hit > > backsapce - this will put thetwo parts of the link back together > > 3. click the link > > 4. delete the editable message. > > > > Hope that helps. Looking forward to your comments on this topic. > > Thanks for > > sharing all your other M wisdom > > > > Aloha, > > > > Mike Gibbons > > Proactive Technologies, LLC > > http://www.proactech.com > > > > > > -----Original Message----- > > From: owner-canslim@lists.xmission.com > > [mailto:owner-canslim@lists.xmission.com]On Behalf Of Hill, Ernie > > Sent: Thursday, July 11, 2002 2:19 PM > > To: 'canslim@lists.xmission.com' > > Subject: RE: [CANSLIM] Doom and Gloom > > > > > > Your first link does not lead to a chart and I am unable to open > > the second > > one. > > > > E > > > > -----Original Message----- > > From: Rocky Sanghvi [mailto:rs@mylodestar.com] > > Sent: Thursday, July 11, 2002 5:27 PM > > To: canslim@lists.xmission.com > > Subject: RE: [CANSLIM] Doom and Gloom > > > > http://www.prudentbear.com/archive_comm_article.asp?category=Guest > > +Commentar > > y&content_idx=13396 > > > > Can any technical folks on this board confirm or deny what this author is > > saying about the long term S&P chart? Also what are you thoughts > > on the 20 > > year DOW chart from a technical perspective? > > > > http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=dj > > ia&sid=164 > > 3&o_symb=djia&freq=2&time=20 > > > > Thanks > > Rocky > > > > > > -----Original Message----- > > From: owner-canslim@lists.xmission.com > > [mailto:owner-canslim@lists.xmission.com]On Behalf Of Edward McDonough > > Sent: Thursday, July 11, 2002 3:40 PM > > To: canslim@lists.xmission.com > > Subject: RE: [CANSLIM] what a crazy day > > > > > > Volatility is here to stay. That's what bear markets do. Play the game > > to win, HUG THE BEAR!! Gold is Great!! > > > > Call me crazy. > > ED > > > > -----Original Message----- > > From: owner-canslim@lists.xmission.com > > [mailto:owner-canslim@lists.xmission.com] On Behalf Of > > michael_niemotka@baxter.com > > Sent: Thursday, July 11, 2002 4:15 PM > > To: canslim@lists.xmission.com > > Subject: [CANSLIM] what a crazy day > > > > Today was NOT for the faint of heart........when will M stabilize? > > > > Guess it gives me more time to work on the next rev of screen > > compiler..... > > > > > > Mike Niemotka , PE > > Sr. Principal Engineer > > Baxter Healthcare Corporation > > Route 120 & Wilson Road > > Round Lake, IL 60073 > > Tel (847) 270-4075 > > Fax (847) 270-4525 > > michael_niemotka@baxter.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. > > > > > > > > - > > -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. > > > > > > ****************************************************************** > > 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. > > > ****************************************************************** > 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. ------------------------------ Date: Fri, 12 Jul 2002 17:34:22 -0500 From: jch Subject: Re: [CANSLIM] Doom and Gloom - --=======329E6AFF======= Content-Type: multipart/alternative; x-avg-checked=avg-ok-333770A0; boundary="=====================_29635414==_.ALT" - --=====================_29635414==_.ALT Content-Type: text/plain; x-avg-checked=avg-ok-333770A0; charset=us-ascii; format=flowed Content-Transfer-Encoding: 8bit Hi--To send URL drag cursor across it to highlight--go to "Edit" on your toolbar & click "Copy"..Then in body of your email wherever you wish URL to appear leave cursor blinking...then again go to "Edit" on your toolbar & click "Paste"...Voila--the URL should appear--this works for text--anything you wish to Copy from one location & Paste to another. jchjch >There is an article at CBSMarketwatch.com pertaining to tops and >bottoms.Written by Paul Desmond.He won the Charles Dow award this year for >his research on TOPS and BOTTOMS. Its based on his 90/90 theory using up/ >down volume.I don't know how to send the URL so here is how to get to it if >interested. - --=====================_29635414==_.ALT Content-Type: text/html; x-avg-checked=avg-ok-333770A0; charset=us-ascii Content-Transfer-Encoding: 8bit Hi--To send URL drag cursor across it to highlight--go to "Edit" on your toolbar & click "Copy"..Then in body of your email wherever you wish URL to appear leave cursor blinking...then again go to "Edit" on your toolbar & click "Paste"...Voila--the URL should appear--this works for text--anything you wish to Copy from one location & Paste to another.
jchjch

There is an article at CBSMarketwatch.com pertaining to tops and
bottoms.Written by Paul Desmond.He won the Charles Dow award this year for
his research on TOPS and BOTTOMS. Its based on his 90/90 theory using up/
down volume.I don't know how to send the URL so here is how to get to it if
interested.     
- --=====================_29635414==_.ALT-- - --=======329E6AFF======= Content-Type: text/plain; charset=us-ascii; x-avg=cert; x-avg-checked=avg-ok-333770A0 Content-Disposition: inline - --- Outgoing mail is certified Virus Free. Checked by AVG anti-virus system (http://www.grisoft.com). Version: 6.0.375 / Virus Database: 210 - Release Date: 7/10/2002 - --=======329E6AFF=======-- - - - -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: Fri, 12 Jul 2002 16:35:48 -0600 From: "Patrick Wahl" Subject: [CANSLIM] Accounting stuff (off topic, sorta) Someone I know who works for a big accounting firm sent this comment, might be of some interest here - I have been a little defensive about the CPA profession lately. Incidentally, the big four have told the SEC that they will not certify any Andersen audited statements as the successor auditor without a full re-audit of that year. That will preclude anyone who has an opinion signed by Andersen from accessing the capital markets after Sept 1, 2002 (Andersen's suspension date) unless they submit to a full second audit. Only affects public bond and stock offerings but that should cause a lot of the ex-Andersen guys to find work for awhile reauditing the books they did before, but now working for a new firm while they're doing it. Strange turn of events there. By the way, this is unusual since we typically just review the previous auditors workpapers for thoroughness. It is perceived that the traditional process will open up too much liability. For instance, we consider the Merck disclosure as a big win for us since we discovered the practice, suggested they issue the statement and change the method. Typically, a new firm would not catch this kind of stuff in its quarterly review (not a full audit). - - - -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: Fri, 12 Jul 2002 18:51:26 -0500 From: "Norman" Subject: Re: [CANSLIM] Doom and Gloom jch, it's actually easier than that. If you wish to send the URL of a page that is being viewed just: 1) Right click in the address bar at the top, this will highlight the URL and give you the option to copy, 2) choose to copy, then... 3) Right click in the body of your email where you wish to place the URL, this will give you the option to paste, 4) select the paste option, and then like you said "Voila--the URL should appear". It's even hyperlinked! norm - ----- Original Message ----- From: "jch" To: Sent: Friday, July 12, 2002 5:34 PM Subject: Re: [CANSLIM] Doom and Gloom > Hi--To send URL drag cursor across it to highlight--go to "Edit" on your > toolbar & click "Copy"..Then in body of your email wherever you wish URL to > appear leave cursor blinking...then again go to "Edit" on your toolbar & > click "Paste"...Voila--the URL should appear--this works for text--anything > you wish to Copy from one location & Paste to another. > jchjch > > >There is an article at CBSMarketwatch.com pertaining to tops and > >bottoms.Written by Paul Desmond.He won the Charles Dow award this year for > >his research on TOPS and BOTTOMS. Its based on his 90/90 theory using up/ > >down volume.I don't know how to send the URL so here is how to get to it if > >interested. > > - ---------------------------------------------------------------------------- - ---- > > --- > Outgoing mail is certified Virus Free. > Checked by AVG anti-virus system (http://www.grisoft.com). > Version: 6.0.375 / Virus Database: 210 - Release Date: 7/10/2002 > - - - -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: Fri, 12 Jul 2002 20:45:11 -0600 From: "Patrick Wahl" Subject: [CANSLIM] 90-90 days Here is the link to the CBS Marketwatch article that zgirl mentioned - http://makeashorterlink.com/?B55F32041 - - - -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: Fri, 12 Jul 2002 22:55:01 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] LLUR vs. Late Stage Base my only comment is that I don't consider a LLUR to be quite the same as an ascending base as described by WON. A good LLUR never really corrects, it may flatten out briefly (a week or two or three) but without a perceptible correction. - ----- Original Message ----- From: To: Sent: Friday, July 12, 2002 2:56 PM Subject: [CANSLIM] LLUR vs. Late Stage Base Tom: I often had troubles in identifying LLUR's and distinguishing them from WON's late-stage bases. While LLUR's look bullish and strong (and I've read often that "the trend is your friend"), I wasn't able to understand the difference between them and late stage bases-since they are both ascending bases (with LLURs being bullish and late-stage bases being bearish [according to WON's analysis]). To me, however, both were like an indecipherable Elliot Wave in that invariably: One can always identify the wave AFTER the fact. So I wrote Ask WON (in investors.com) and here is his answer: "My question is: how do you distinguish between an ascending base and a late stage base-they both rise from about 3 bases. Cincinnati, OH (AskWon answered it 7/8/02) WON's Answer: The difference lies in the shape of the bases. In a late-stage base, the stock might have already run up anywhere from as much as 100% to 400%-500% or more. The bases it made along the way had a minimum correction of 20%, assuming they were all cup bases. But in an ascending base, there are three pullbacks from 10% to 20% each, and the low point during each sell-off is higher than the previous. Since the pullbacks were smaller than in a normal cup base, you can count this as one long base structure. These bases occur when a stock has much power but is held back by a sideways-moving market. Always keep in mind that ascending bases are rare. Also remember that if a stock breaks out of a base, but then corrects so far down that it undercuts the bottom of its base, you can then reset the base count." jans - - - -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: Fri, 12 Jul 2002 22:57:39 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] Cheap? Trailing PE ratios should be ignored by all CANSLIMers. If you want to use or study PE ratios, use forward (projected, forecasted) PE ratios. - ----- Original Message ----- From: "Rocky Sanghvi" To: Sent: Friday, July 12, 2002 4:36 PM Subject: RE: [CANSLIM] Cheap? S&P 500 Price/Earnings Ratio At 37.31, Down From 37.65 NEW YORK -(Dow Jones)- The price/earnings ratio of the Standard & Poor's 500 index at the close of trading Friday, July 12, was 37.31. Thursday, the ratio was 37.65. The lowest price/earnings ratio on the S&P 500 came in the second quarter of 1949, when the reading slipped to 5.9. Over the last decade, the low was 15.77 in the first quarter of 1995. The price/earnings ratio, known as the multiple, is a measure of the average stock price divided by the average earnings per share. The earnings data is based on the trailing four quarters. - - - -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: Fri, 12 Jul 2002 20:00:15 -0700 From: Steve Subject: Re: [CANSLIM] 90-90 days This wisdom is getting to be a bit too conventional. Isn't conventional wisdom always wrong? Steve Grier scgjd@pacbell.net - ----- Original Message ----- From: "Patrick Wahl" To: Sent: Friday, July 12, 2002 7:45 PM Subject: [CANSLIM] 90-90 days Here is the link to the CBS Marketwatch article that zgirl mentioned - http://makeashorterlink.com/?B55F32041 - - - -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: Fri, 12 Jul 2002 23:02:19 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] Doom and Gloom This is a multi-part message in MIME format. - ------=_NextPart_000_00E2_01C229F8.2CAF4F30 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable even easier, while at the website, left click on the address bar (should = highlight it), do a CTRL-C (for copy), go to the email you want to send = and put the cursor where you want the URL to appear, and do a CTRL-V = (for visible). Works in almost any application, I think. - ----- Original Message -----=20 From: jch=20 To: canslim@lists.xmission.com=20 Sent: Friday, July 12, 2002 6:34 PM Subject: Re: [CANSLIM] Doom and Gloom Hi--To send URL drag cursor across it to highlight--go to "Edit" on your = toolbar & click "Copy"..Then in body of your email wherever you wish URL = to appear leave cursor blinking...then again go to "Edit" on your = toolbar & click "Paste"...Voila--the URL should appear--this works for = text--anything you wish to Copy from one location & Paste to another. jchjch There is an article at CBSMarketwatch.com pertaining to tops and bottoms.Written by Paul Desmond.He won the Charles Dow award this year = for his research on TOPS and BOTTOMS. Its based on his 90/90 theory using = up/ down volume.I don't know how to send the URL so here is how to get to = it if interested. =20 - -------------------------------------------------------------------------= - ------- - --- Outgoing mail is certified Virus Free. Checked by AVG anti-virus system (http://www.grisoft.com). Version: 6.0.375 / Virus Database: 210 - Release Date: 7/10/2002 - ------=_NextPart_000_00E2_01C229F8.2CAF4F30 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
even easier, while at the website, left click on = the=20 address bar (should highlight it), do a CTRL-C (for copy), go to the = email you=20 want to send and put the cursor where you want the URL to appear, and do = a=20 CTRL-V (for visible). Works in almost any application, I = think.
 
----- Original Message -----=20
From: jch
Sent: Friday, July 12, 2002 6:34 PM
Subject: Re: [CANSLIM] Doom and Gloom

Hi--To send URL drag cursor across it to highlight--go to = "Edit"=20 on your toolbar & click "Copy"..Then in body of your email wherever = you wish=20 URL to appear leave cursor blinking...then again go to "Edit" on your = toolbar=20 & click "Paste"...Voila--the URL should appear--this works for=20 text--anything you wish to Copy from one location & Paste to=20 another.
jchjch

There is an article at=20 CBSMarketwatch.com pertaining to tops and
bottoms.Written by Paul=20 Desmond.He won the Charles Dow award this year for
his research on = TOPS and=20 BOTTOMS. Its based on his 90/90 theory using up/
down volume.I = don't=20 know how to send the URL so here is how to get to it=20 if
interested.     


---
Outgoing mail is certified Virus Free.
Checked by = AVG=20 anti-virus system (http://www.grisoft.com).
Version: 6.0.375 / Virus=20 Database: 210 - Release Date: 7/10/2002
- ------=_NextPart_000_00E2_01C229F8.2CAF4F30-- - - - -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: Fri, 12 Jul 2002 23:05:15 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] Accounting stuff (off topic, sorta) cool way for the Big 4 to increase their revenues and potential earnings (BTW, who audits the auditors??). This way they will be able to charge for two full audits instead of just one, at the expense of the corps (shareholders). - ----- Original Message ----- From: "Patrick Wahl" To: Sent: Friday, July 12, 2002 6:35 PM Subject: [CANSLIM] Accounting stuff (off topic, sorta) Someone I know who works for a big accounting firm sent this comment, might be of some interest here - I have been a little defensive about the CPA profession lately. Incidentally, the big four have told the SEC that they will not certify any Andersen audited statements as the successor auditor without a full re-audit of that year. That will preclude anyone who has an opinion signed by Andersen from accessing the capital markets after Sept 1, 2002 (Andersen's suspension date) unless they submit to a full second audit. Only affects public bond and stock offerings but that should cause a lot of the ex-Andersen guys to find work for awhile reauditing the books they did before, but now working for a new firm while they're doing it. Strange turn of events there. By the way, this is unusual since we typically just review the previous auditors workpapers for thoroughness. It is perceived that the traditional process will open up too much liability. For instance, we consider the Merck disclosure as a big win for us since we discovered the practice, suggested they issue the statement and change the method. Typically, a new firm would not catch this kind of stuff in its quarterly review (not a full audit). - - - -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: Fri, 12 Jul 2002 20:13:16 -0700 From: "zillagirl" Subject: Re: [CANSLIM] 90-90 days patrick-I keep trying to click on the link you posted and it is brining up the shorter link screen, not the article. I guess I got more excited about the article then I should have. It just seems like everything is peoples opinions, this seemed like more. Wont bother you again. zilla - ----- Original Message ----- From: "Patrick Wahl" To: Sent: Friday, July 12, 2002 7:45 PM Subject: [CANSLIM] 90-90 days > Here is the link to the CBS Marketwatch article that zgirl mentioned - > > http://makeashorterlink.com/?B55F32041 > > - > -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: Fri, 12 Jul 2002 23:12:27 -0600 From: "Patrick Wahl" Subject: Re: [CANSLIM] 90-90 days It should re-direct you, if not, the longer link is available there. On 12 Jul 2002 at 20:13, zillagirl wrote: > patrick-I keep trying to click on the link you posted and it is brining up > the shorter link screen, not the article. I guess I got more excited about > the article then I should have. It just seems like everything is peoples > opinions, this seemed like more. Wont bother you again. zilla - - - -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: Fri, 12 Jul 2002 23:12:25 -0600 From: "Patrick Wahl" Subject: Re: [CANSLIM] Accounting stuff (off topic, sorta) Do you blame them for wanting to do a full audit? On 12 Jul 2002 at 23:05, Tom Worley wrote: > cool way for the Big 4 to increase their revenues and potential earnings > (BTW, who audits the auditors??). This way they will be able to charge for > two full audits instead of just one, at the expense of the corps > (shareholders). - - - -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, 13 Jul 2002 07:03:55 -0500 From: "Fred Richards" Subject: [CANSLIM] The Acc/Dist numbers are making new lows. This is a multi-part message in MIME format. - ------=_NextPart_000_001A_01C22A3B.73F3F4C0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: 7bit We have posted the updated charts: http://www.adrich.com/SI/Info/A's.htm Both the total number of stocks in the IBD database that are above $5 are at new lows as well as the number of "A" rated stocks. Only the 9-11 disaster was lower. - ---------------------------------------------------------------------------- - ---- Fred Richards Corruptisima republica plurimae leges. [The more corrupt a republic, the more laws.] - - Tacitus, Annuals III 27 www.adrich.com - ------=_NextPart_000_001A_01C22A3B.73F3F4C0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
We = have posted the=20 updated charts:
 
http://www.adrich.com/SI/I= nfo/A's.htm
 
Both = the total=20 number of stocks in the IBD database that are above $5 are at new lows = as well=20 as the number of "A" rated stocks.  Only the 9-11 disaster was = lower. =20
 
Fred Richards
 
Corruptisima republica plurimae = leges.  [The=20 more corrupt a republic, the more laws.]  - - Tacitus, Annuals III=20 27
 
www.adrich.com
 
- ------=_NextPart_000_001A_01C22A3B.73F3F4C0-- - - - -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, 13 Jul 2002 09:16:57 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] Accounting stuff (off topic, sorta) of course not, and it's probably the right thing to do if confidence is ever to be restored. Presumably, they will take a hard nosed approach, and dig deeper, into someone else's audit result that they would do on their own. Good time to force any changes or adjustments they want, by doing it with the prior year report. Maybe we should be looking for auditing firms to be the next leaders, at least on the revenues / earnings side. - ----- Original Message ----- From: "Patrick Wahl" To: Sent: Saturday, July 13, 2002 1:12 AM Subject: Re: [CANSLIM] Accounting stuff (off topic, sorta) Do you blame them for wanting to do a full audit? On 12 Jul 2002 at 23:05, Tom Worley wrote: > cool way for the Big 4 to increase their revenues and potential earnings > (BTW, who audits the auditors??). This way they will be able to charge for > two full audits instead of just one, at the expense of the corps > (shareholders). - - - -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, 13 Jul 2002 08:54:13 -0500 From: Lois Subject: Re: [CANSLIM] Cheap? Rocky, Would you be so kind as to post a link for the info below? TIA, Lois Rocky Sanghvi wrote: > > S&P 500 Price/Earnings Ratio At 37.31, Down From 37.65 > > NEW YORK -(Dow Jones)- The price/earnings ratio of the Standard & Poor's 500 > index at the close of trading Friday, July 12, was 37.31. > Thursday, the ratio was 37.65. > > The lowest price/earnings ratio on the S&P 500 came in the second quarter of > 1949, when the reading slipped to 5.9. Over the last decade, the low was > 15.77 in the first quarter of 1995. > > The price/earnings ratio, known as the multiple, is a measure of the average > stock price divided by the average earnings per share. The earnings data is > based on the trailing four quarters. > > - > -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, 13 Jul 2002 10:21:15 -0400 From: "Duke Miller" Subject: [CANSLIM] Somewhat off topic, but not really This is a multi-part message in MIME format. - ------=_NextPart_000_000B_01C22A57.07FD7E50 Content-Type: multipart/alternative; boundary="----=_NextPart_001_000C_01C22A57.07FD7E50" - ------=_NextPart_001_000C_01C22A57.07FD7E50 Content-Type: text/plain; charset="US-ASCII" Content-Transfer-Encoding: 7bit Many of you have mentioned from time to time frustration with spam. In late June, 24th to be exact, I read on ZD-Net of a product for Microsoft Outlook from Cloudmark called 'SpamNet.' Briefly, it's designed to cull spam from you inbox based on continually update criteria. Any mail culled is put in a Spam Net folder. It places two buttons on your tool bar (Microsoft Outlook, in my case) that permit you to block or unblock any mail. For instance, it thought mail from a friend of mine was spam; on a casual review of the folder, I discovered this and hit the 'unblock' button. Thereafter, his mail has come thorough fine. On the other hand, some junk slips through, and I just hit the 'block' button--it disappears (forever after) into the spam folder. It runs seamlessly in the background of your email program. I've had it on my computer for a little over three weeks. The folder has 189 items in it! I think I've 'unblocked' less than half a dozen. Point is, this is a heck of a lot easier than using anything Microsoft has available; and SpamNet is FREE! (Note: Does not work with AOL or Outlook Express.) Here's the link if you're of a mind to try it: http://downloads-zdnet.com.com/3000-2144-10122008.html Click on the 'Download' at the site; put it in a folder on your computer; then double click it after the download. It takes care of the rest. Have a great weekend. Duke This email, including any attachments, was scanned by Norton Anti-Virus prior to being sent. - ------=_NextPart_001_000C_01C22A57.07FD7E50 Content-Type: text/html; charset="US-ASCII" Content-Transfer-Encoding: quoted-printable Message
Many of you = have mentioned=20 from time to time frustration with spam.  In late June, 24th to be = exact, I read=20 on ZD-Net of a product for Microsoft Outlook from Cloudmark called=20 'SpamNet.' 
 
Briefly, it's designed to cull spam from you inbox based on = continually update criteria.  Any mail culled is put in a Spam Net=20 folder.  It places two buttons on your tool bar (Microsoft Outlook, = in my=20 case) that permit you to block or unblock any mail.  For instance, = it=20 thought mail from a friend of mine was spam; on a casual review of the = folder, I=20 discovered this and hit the 'unblock' button.  Thereafter, his mail = has=20 come thorough fine.  On the other hand, some junk slips through, = and I just=20 hit the 'block' button--it disappears (forever after) into the spam=20 folder.
 
It runs = seamlessly in the=20 background of your email program.  I've had it on my computer for a = little=20 over three weeks.  The folder has 189 items in it!  I think = I've=20 'unblocked' less than half a dozen.
 
Point is, this = is a heck of=20 a lot easier than using anything Microsoft has available; and SpamNet is = FREE!  (Note:  Does not work with AOL or Outlook Express.)=20
 
Here's the link = if you're=20 of a mind to try it:  http://do= wnloads-zdnet.com.com/3000-2144-10122008.html  =20 Click on the 'Download' at the site; put it in a folder on your = computer; then=20 double click it after the download.  It takes care of the=20 rest.
 
Have a great=20 weekend.
 
Duke

This email, including any attachments, was scanned by = Norton=20 Anti-Virus prior to being sent.

3D""
 
- ------=_NextPart_001_000C_01C22A57.07FD7E50-- - ------=_NextPart_000_000B_01C22A57.07FD7E50 Content-Type: image/gif; name="USflag.gif" Content-Transfer-Encoding: base64 Content-ID: <281355213@13072002-010D> R0lGODdhSwBLAPcAAP//////zP/M///MzP/Mmf+ZzP+Zmf+ZZv9mmf9mZsz//8z/zMzM/8zMzMzM mcyZzMyZmcyZZsxmmcxmZsxmM8xmAMwzmcwzZswzM8wzAMwAZswAM8wAAJnM/5nMzJnMmZmZzJmZ mZmZZplmmZlmZplmM5lmAJkzZpkzM5kzAJkAZpkAM5kAAGaZzGaZmWaZZmZmzGZmmWZmZmZmM2Zm AGYzZmYzM2YzAGYAM2YAADOZzDOZmTNmzDNmmTNmZjNmMzMzmTMzZjMzMzMzADMAZjMAMzMAAABm mQBmZgAzmQAzZgAzMwAAZgAAM7sAAKoAAIgAAHcAAFUAAEQAACIAABEAAAAiAAARAP///wAAVQAA RAAAIgAAEe7u7t3d3bu7u6qqqoiIiHd3d1VVVURERCIiIhEREQAAAAAAAAAAAAAAAAAAAAAAAAAA AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAACH5BAAAAAAALAAAAABLAEsA QAj/ALEIHEiwoMGDCBMqXMhwyA0TJlIwnEixokUsD00MYbhkiZKPF0OKzDgkxsceH5Wg7JGkBcog HYN8TOLBC8skSXp0aXBkBZQoOXLgWIHigtELE5KSqEFmTIgGAKJK7ULVSwMZB0n2QKnEBc6tSmQG 8aGyJYicOEG0+BhkLJgGXaTKlepFjBkSEAroLfDgwYC/gL9gRUhyxQoWP3NEiQKFheHHjzdIZhFl CpUpUCCveML5SeQNLKZMYSFZMuTSPqdUyaGQpBgxIcB8mf3lAe0GuL1Q7fJlTBUpjjU/RoECg3EU Un47Lo3apxQjRqQ0NswiYUYjixcHzQ6lOwsWnKGo/xZJfuL18ujTF7yRwoQR9fDjy59fsYrDGzfo 62eoVWVKsjL1AIILRxzx0RJCeOTBTUokAUIDMSSxwgaHRSGFaDk0xhlklF04hRSKZZddDlJkBdEQ PpDlg0llscSiR0qE0MMRaTWQBI009eBDGLHpNldUO4VRBhlgxPWjXF2EQdiJWzGohA8yncQSjUe0 0AJOOQXRxBJBCDGhaaeh9tyXzJVpGhWtnbgCDttNJ9xnFEpBBXaafffdhhP6RAVwZqL2RGVV0LmC dSc+5YVVDdCm6BcN/NVACGQIIQYEBkBgKQR9MdroAA2AIYMZVORgGHObQfFcdNOV9sR7S7q336uE tf/HKqy01mrrrbgSVAV7EJmQX676kQTsfiThlFJYXKWUkwdKLLHFFlsSdKwSi3Vn4azBnnhSW1Km RCNKS2wZQoM5eXEWlknA1WkYYoQBxqFecJqopSTYgMNQZJK6AmsG9TcWWSqBsNURXCX4kU1Y9gDA uUkosZQNNhBn3MQYGGbqnFGQ1qdpUFRhokZckcWVC2E1e5ISNLog8I0trdWsYlB41udmUVBBRRRP 6JvvYR5/PERXKoEF5Vgl99DCty3TmGJHS6BwQlJJHSX1BShQYcOlWGcNgQQkpKnRblaBEcLYb+nW hQAC7FbVF2GMQYYMEGwqL26bxjtACGaM8AVgfPf/DQEZC5HUwAMhhMFj2WqrPZVgQsjwhZFgm20k AF3gHQLf8Ka99hhm2NA1oRoFJRRxpJceJgo2FFFGGF5Q3sWhdNMN2N9lFHkk5V6EMIYQTmkK+hBS MGZnd8R7Bx51yU2BAtRGlY6CZjhUIcS7P+7k6dtPTT6Yz28OR9wJSFGtGp8UPuaZZ9RdfFmIIqp3 3rD0vQ+/fPLPDx+v2NqfHnsp5K///wAMoAAHaJD7EFAku+qVrw54EYdAJAUbYaBFhCXBCZ6oghbU yLQ2qKyGKWELBySJy1LiAjCQTFkt8IISmlCGJpDLWOT6yJcOk4MpGOFD/KKftnrwBTAALCU8PMtH /3zQkY+sbGQtiNADrAKBetlLQ3WCQg1BlJnmbIYyPhvXsXwgG5RgKQQ+aEKCgoCWnNxkRkkIAQTY 1a63JO51nZLBGMRAvSO9Tkn90pYSYiC2aekEBM0SgsEi1KSWfAUlKwAKzIIDmSdIETpSWAHFzGQY /2HkRF9I1kdc0IArDXEMHnHBjAqklhnNyCU+GFsIvtC66nkBDGQogw2eBjUJ2FICWPtcHjX4kVWe sGElNFkYZtICD+CoSkJUQhGGUpypSQ11ZhjDEgUwALv1rQB/a9UQeqjJFHIlCGKYiQeuhJMjjNOD RGQmxdaJARREDzNk0gxqovA7IJrLgzEiIU+w5P8BYzYsBkRcghjgcjupNMBtXyioXLwAOG26oAvk /AgYWKSEL5AzJ11gWAxc0BEiZqZ7qMlBFaIQzzBJ5gkl+p3ZrNJDVTJKcm+MY1PC0ICVwutQavsC GQaaOJyqzQt4/B2YErkYk1JyBacSVfc+sy8qQEFnO4vCb7w2hMfgYDH4elOZ1mSEIthgAreEmljF eoK77K1vgNFLE8tQhhBQ9ZWF4xGmFjUbuQ3gCyQQQufA50ykjHUCNjBCvmaWAyr8BgpUVeQi7cTY 4+VJPFWYwgyXmieR1gCXWrtlvdgqg7L97jWxqSm8YufTqAC1DGN4lwBuetOfhoCtRelr83AAnQyt oe93bMrY8IgnTwpFwQihyhN17ISnChlWVOw8Dg6K4FW8YA23ziMOZBrjWPGYQQytdN3r4LWbR8Wy s3a9axNtUAavSmxilhQISWQzmweAgb11rSlVANAAu9CpfIZBn2Z+G9mM7YwFOQBudEJEPMv8brfF I96daGizKbBPsSICioFhRUGFgCgoFawfBgMHkfRueJce/jBBNCzirMiqxIE7MYqto+IVm7h/LiZI QAAAOw== - ------=_NextPart_000_000B_01C22A57.07FD7E50-- - - - -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 #2598 ****************************** 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.