From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #2648 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, July 23 2002 Volume 02 : Number 2648 In this issue: Re: [CANSLIM] M where will it bottom? Re: MILSNAC ( formerly: [CANSLIM] M - How low will it go - reverseCANSLIM.) [CANSLIM] Thank you Earnie [CANSLIM] Float Re: [CANSLIM] Float [CANSLIM] Updated CANSLIM hunting list Re: [CANSLIM] Updated CANSLIM hunting list Re: [CANSLIM] Updated CANSLIM hunting list ---------------------------------------------------------------------- Date: Tue, 23 Jul 2002 09:33:30 -0400 From: "Bert Pesak" Subject: Re: [CANSLIM] M where will it bottom? This is a multi-part message in MIME format. - ------=_NextPart_000_0054_01C2322C.0191AFF0 Content-Type: text/plain; charset="Windows-1252" Content-Transfer-Encoding: quoted-printable Ernie, Thanks for the predictions you've given in the past. They have been the = most accurate of anything I've seen. Good luck & Great Fortune in the future. Bert Pesak ----- Original Message -----=20 From: Hill, Ernie=20 To: 'canslim@lists.xmission.com'=20 Sent: Monday, July 22, 2002 10:26 PM Subject: [CANSLIM] M where will it bottom? This forecast is meant to give you a good idea of where to expect this = bear market to finally end. The head and shoulders pattern the market = has made predicts a bottom to be made in the 560-575 area. A .618 = retracement of the entire move from 1982 to 2000 would give a target of = 566 (arithmetic scale). Using a log scale a .382 retracement of the same = move yields a target price of 550. =20 These are three targets obtained by different means all of which point = to roughly the same price. I expect there will be at least one good = strong rally before the ultimate bottom is reached. As for the time = frame when this bottom will occur that is much more difficult to = forecast, however, I do not expect it to happen before March of next = year. =20 CANSLIM friends this will be my final post. It's difficult for me to = leave this list because I feel I have formed a friendship with many of = you. This is certainly one of the finest lists on the net. I hope some = of you have benefited from my posts, I know I have benefited from the = posts made by many of you. =20 Unfortunately, I am just too busy now to read all of the e-mail I get = every day. Since I am now 100% trader and no longer practice CANSLIM I = guess it is time for me to move on. =20 If any of you are interested in following my market forecasts you can = do so by sending a blank e-mail to: =20 snpforecasts-subscribe@topica.com=20 =20 This is not a discussion group it is only my distribution list to = those who follow my forecasts. It also provides me with a public record = of my forecasts. =20 Eventually the bear will hibernate and you guys will again RULE the = investment world. =20 I will miss ya'll =20 E =20 ****************************************************************** This email and any files transmitted with it from the ElPaso=20 Corporation are confidential and intended solely for the=20 use of the individual or entity to whom they are addressed.=20 If you have received this email in error please notify the=20 sender. ****************************************************************** - ------=_NextPart_000_0054_01C2322C.0191AFF0 Content-Type: text/html; charset="Windows-1252" Content-Transfer-Encoding: quoted-printable
Ernie,
 
Thanks for the predictions you've given in the = past. =20 They have been the most accurate of anything I've seen.
 
Good luck & Great Fortune in the = future.
 
Bert Pesak
----- Original Message -----
From:=20 Hill,=20 Ernie
To: 'canslim@lists.xmission.com'= =20
Sent: Monday, July 22, 2002 = 10:26=20 PM
Subject: [CANSLIM] M where will = it=20 bottom?

This forecast is meant to give you a good = idea of=20 where to expect this bear market to finally end. The head and = shoulders=20 pattern the market has made predicts a bottom to be made in the 560-575 area. A = .618=20 retracement of the entire move from 1982 to 2000 would give a target = of 566 (arithmetic = scale). Using=20 a log scale a .382 retracement of the same move yields a target price = of 550.

 

These are three targets obtained by = different means=20 all of which point to roughly the same price. I expect there will be = at least=20 one good strong rally before the ultimate bottom is reached. As for = the time=20 frame when this bottom will occur that is much more difficult to = forecast,=20 however, I do not expect it to happen before March of next=20 year.

 

CANSLIM friends this will be my final post. = It's=20 difficult for me to leave this list because I feel I have formed a = friendship=20 with many of you. This is certainly one of the finest lists on the = net. I hope=20 some of you have benefited from my posts, I know I have benefited from = the=20 posts made by many of you.

 

Unfortunately, I am just too busy now to = read all of=20 the e-mail I get every day. Since I am now 100% trader and no longer = practice=20 CANSLIM I guess it is time for me to move = on.

 

If any of you are interested in following my = market=20 forecasts you can do so by sending a blank e-mail=20 to:

 

snpforecasts-subscribe@= topica.com=20

 

This is not a discussion group it is only my = distribution list to those who follow my forecasts. It also provides = me with a=20 public record of my forecasts.

 

Eventually the bear will hibernate and you = guys will=20 again RULE the investment world.

 

I will miss = ya'll

 

E

 



********************************************************= **********
This=20 email and any files transmitted with it from the ElPaso =
Corporation are=20 confidential and intended solely for the
use of the individual or = entity=20 to whom they are addressed.
If you have received this email in = error=20 please notify the=20 =
sender.
**********************************************************= ********
 - ------=_NextPart_000_0054_01C2322C.0191AFF0-- - - - -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, 23 Jul 2002 09:11:37 -0500 From: Lois Subject: Re: MILSNAC ( formerly: [CANSLIM] M - How low will it go - reverseCANSLIM.) All, Here is today's scan from a software I use, Investor 3000 It starts with the "C" in CANSLIM. It then digs deeper, filtering for stocks with volume at least 50k or higher and quarterly earnings growth of at least 20% over a three quarter period. http://finance.yahoo.com/q?s=slab+ceco+safe+nbty+cymi+dgx+xray+jdas+lncr+sfnt+scur+lexr+sunw+issx+xlnx+symc+f+retk+mchp+ppdi+&d=v1 Duke Miller wrote: > > Dear friends, how obvious? > > MILSNAC. > > M- Market: crashing below 200DMA, especially if DJIA is lead story on > any local newscasts > I- Institutions: Doesn't matter, but the more the merrier > L- Leading Stock in strong group: RS<=50; Group Rank between 150 and 197 > S- Shares outstanding: Doesn't matter, just greater than average volume > on down days (lots of tall red lines on chart, as high as possible) > N- New: Lows (not highs); old products; old, ousted, or jailed top > management; decline in industry conditions; (bonus: '.com' is/was in > corporate name!) > A- Annual Earnings: 5 year growth rate -25% or lower > C- Company: minimal, if any, increases in current quarterly earnings per > share; the higher the deceleration of earnings & sales the better. > > >From Investors Corner comes this example of the MILSNAC rating score in > action: > > Symbol: BEAR (Formerly Bear.com, Inc.) > > M- -220 (20% below 200DMA) > I- -100 (100 Institutions own it) > L- -180 (Industry Group 180) > S- -900 (100 x number of days in past month stock down on greater > than average volume, in this case 9) > N- -500 (100 for today's new low; 100 CEO subpoenaed to Senate; 100, > former .com; 200 bonus pts, Arthur Anderson former auditor.) > A- -300 (100 x five year growth rate -30%) > C- +200 (100 x Current quarterly earnings, up 20%...as a result of > Arthur Anderson Audit! > > BEAR's rating is -2000. Just be sure to short at the right time, based > on the chart action: No less than 5% below the breakdown pivot point!! > > As you can plainly see, while the market is away, Duke will play. > > Have a nice "short" day, ya'll! > > Duke > > -----Original Message----- > From: owner-canslim@lists.xmission.com > [mailto:owner-canslim@lists.xmission.com] On Behalf Of David Taggart > Sent: Monday, July 22, 2002 8:42 AM > To: canslim@lists.xmission.com > Subject: RE: [CANSLIM] M - How low will it go - reverse CANSLIM. > > Mark Boucher who was mentioned in the article has a good book out Hedge > Fund Edge that goes over shorting and he does pretty much turn CANSLIM > upside down with some of his own changes. He looks for high debt levels > 50% or more, very high institutional sponsorship, and other stuff. He > is very risk adverse and goes over a ton of stuff to cut risk while > maximizing returns. For me Hedge Fund Edge picks up where HTMMIS ends. > Hes a smart guy and I have learned a lot and have done pretty good > shorting. > > David Taggart > > -----Original Message----- > From: owner-canslim@lists.xmission.com > [mailto:owner-canslim@lists.xmission.com]On Behalf Of > vchang@win-invest.com > Sent: Sunday, July 21, 2002 4:45 PM > To: canslim@lists.xmission.com > Subject: Re: [CANSLIM] M - How low will it go - reverse CANSLIM. > > First I want to say that this is one of the best lists I have ever > joined in terms of the signal to noise ratio and general quality of > contribution. > > > Maybe what we need is a kind of reverse CANSLIM to help us take > advantage of the bear markets. Some basic principals to identify > falling stocks - both fundamentally and technically as CANSLIM does so > well with rising stocks. > > Sorry about such a long post due to the included article from IBD. :-) > > I was intrigued by Ira's idea of turning CANSLIM on its head > (Counter-CANSLIM or ANTI-CANSLIM?), and found that real life hedge fund > managers are indeed doing this for real. (See IBD ARticle attached > below). > > WON did not have a lot of good things to say about shorting stocks, I > do wonder if anyone on this list has been successful shorting. > > One shorting idea I am trying out is to take a small (less that 20% of > the portfolio's value) portfolio of shorts in QQQ, SPY, DIA and an > ISHARE of the UK market index. > > Besides trying to make a little money, the big idea being doing this is > that if I have a real short position in the major market indices then I > will be highly focused and motivated in monitoring them and the relevent > charts - hopefully improving the chance of judging M correctly as well > as noticing > divergence between major indices etc. I also feel safer shorting ETFs > as > opposed to individual stocks. > > Regards > > Victor Chang (vchang@win-invest.com) > www.win-invest.com > > ============= FROM IBD ============================= > General News > Monday, July 22, 2002 > Looking for a recent story in IBD? Visit the IBD Archives. Printer-Ready > Version > > E-mail this Article > to a Friend > > Who Can Crow In This Market? Short-Selling Pros Sitting Pretty BY KEN > HOOVER INVESTOR'S BUSINESS DAILY > > Short sellers are in hog heaven. And shorting is getting more popular as > the bear market grinds on. New York Stock Exchange short interest > released after Friday's close was a record 7.6 billion shares. The short > interest ratio was 4.3, down from recent highs due to heavy volume. Most > investors watch their stakes decline. Others content themselves with > money-market rates while waiting for a new bull market. Short sellers > profit by selling borrowed stock and buying it back later at a lower > price. Indeed, the short sellers are raking it in. The short-biased > component of the CSFB/Tremont Hedge Fund Index gained 7.6% in June and > is up 9.3% year to date. The highly dangerous Rydex Venture 100 Fund, > which shorts the Nasdaq 100 index, leveraged by a factor of two, is up > 95% for the year. Short selling is tricky. Even professionals confess > it's harder to find the right entry point than it is when going long > with a stock. Bear markets and falling stocks have fierce whipsaws, > sometimes crashing down one day and rocketing up the next as short > sellers close out their positions by buying back shares, or covering, as > it's called. > > Image: Shortage Of Fear? > > Robert Maltbie's Millennium Asset Management in Nipomo, Calif., runs $20 > million going both long and short. He thinks the market now is ruled by > hedge funds that are aggressively shorting. Spectacular Reversals He > says that's why we're seeing huge reversals, such as last Monday's > snapback from a 400-point Dow deficit and the 324-point, post-holiday > July 5 rally. Those rallies are being driven by hedge funds covering, he > thinks. It may be good for the bulls that so many investors are > shorting. When everybody is so pessimistic, maybe a new bull market is > right around the corner. The short-interest ratio is one way to measure > the popularity of short selling. Since May 1931, NYSE members have > reported their and their customers' short positions to the exchange as > of the 15th of each month. The exchange releases the number four days > later. Because trades settle in three days, the release is a snapshot of > short selling on the 12th, assuming it's a business day. The ratio is > calculated by dividing the total number of shares held short by the > average daily volume for the past month. A short interest ratio of 4.3 > means it takes 4.3 days of average volume to cover all those shares held > short. IBD charts the short-interest ratio daily on the General Markets > Page, B2 in the print edition. Rather than use the past month's volume > as of the 15th, though, IBD calculates the ratio with volume from the > prior month as of the day before publication. For decades, the > short-interest ratio was one of the market's best contrary psychological > indicators. "Readings over 1.75 are followed by rising prices between > 94% and 98% of the time, about as close to perfect as one can expect in > the stock market," wrote Norman Fosback in his '75 classic, "Stock > Market Logic." But in the late '70s, the ratio started rising due to > professional hedging and arbitrage strategies. In June '97, the ratio > hit an all-time high of 7.34, a level Fosback never dreamed of. But it > still has value. It dropped to 3.70 in January '01, when investors were > greedy, and has been rising since then as fear built. Some analysts > track its variance from a 12- or 16-month moving average. Since December > '86, the Nasdaq has released a short-interest report eight business days > after the 15th of each month. It breaks down short interest between big > and small caps. Nasdaq stocks are less likely to be part of an arbitrage > strategy. So it's no surprise the Nasdaq small-cap short-interest ratio > has been a somewhat better sentiment barometer. It hit an all-time low > of 0.36 as the market peaked in March '00. It hit an all-time high of > 3.07 as the market sold off in September '01. June's reading was 1.56, > showing above-average bearishness. Among the hedge funds that have > benefited from short selling is Maltbie's Argonaut Fund, which goes long > and short. It's up 11.5% year to date. That's driven by a 23% profit in > his short positions. "Part of our strength is that we are short selling > on a daily basis in good times and bad," Maltbie said. Dianon Systems > (DIAN) is one of his recent short-side successes. He shorted as it broke > down early this month on an earnings warning. He covered quickly because > he wanted to lock in profits before other short sellers lock in theirs. > "You don't know when they're going to cover or why, but you know they > are, so you better cover before they do," he said. Maltbie uses the CAN > SLIM system to buy stocks. He turns the system upside down for shorting, > buying stocks that break down, showing declining relative strength and > often buying as a stock breaks below a key support level, like the > 50-day or 200-day moving average. "Old support becomes new resistance," > he said. Mark Boucher, who runs money from his Investment Research > Associates in Menlo Park, Calif., also likes to take profits quickly > when he successfully shorts a stock. He takes partial profits when he's > ahead 40%, then uses trailing stops to take the rest unless he covers > into a selling climax or a big rally on volume. "A bear market rally can > erase six months of profits in two days," he said. He also uses some IBD > techniques in reverse. He looks for short-sell candidates on the new low > list and among stocks with declining earnings growth, declining > institutional sponsorship and high debt. He likes to short when a stock > breaks down after a four-week consolidation. Thanks to short selling, > he's up 10% this year. He says 2000 was his best year. He was up 70%. > Many stocks, he says, were declining even as the tech and growth stocks > were still advancing. > > - > -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: Tue, 23 Jul 2002 09:21:07 -0500 From: "Maria McAdams" Subject: [CANSLIM] Thank you Earnie This is a multi-part message in MIME format. - ------=_NextPart_000_00BB_01C2322A.46C7A720 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Will miss reading your forecasts in this list. Thanks for giving me an = alternative. Best of luck, MLMcAdams - ------=_NextPart_000_00BB_01C2322A.46C7A720 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
 
Will miss reading your forecasts in = this list.=20 Thanks for giving me an alternative.
Best of luck,=20 MLMcAdams
- ------=_NextPart_000_00BB_01C2322A.46C7A720-- - - - -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, 23 Jul 2002 10:12:00 -0400 From: "Donald Wallker" Subject: [CANSLIM] Float This is a multi-part message in MIME format. - ------=_NextPart_000_0005_01C23231.628588E0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable What does "%Float" mean in connection with its usage concerning share = ownership? - ------=_NextPart_000_0005_01C23231.628588E0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
What does "%Float" mean in connection = with its=20 usage concerning  share ownership?
- ------=_NextPart_000_0005_01C23231.628588E0-- - - - -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, 23 Jul 2002 09:37:25 -0500 From: "Katherine Malm" Subject: Re: [CANSLIM] Float This is a multi-part message in MIME format. - ------=_NextPart_000_0057_01C2322C.8DD82DE0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable http://www.investopedia.com/terms/f/float.asp ----- Original Message -----=20 From: Donald Wallker=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, July 23, 2002 9:12 AM Subject: [CANSLIM] Float What does "%Float" mean in connection with its usage concerning share = ownership? - ------=_NextPart_000_0057_01C2322C.8DD82DE0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
http://www.investo= pedia.com/terms/f/float.asp
----- Original Message -----
From:=20 Donald = Wallker=20
Sent: Tuesday, July 23, 2002 = 9:12=20 AM
Subject: [CANSLIM] Float

What does "%Float" mean in connection = with its=20 usage concerning  share=20 ownership?
- ------=_NextPart_000_0057_01C2322C.8DD82DE0-- - - - -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, 23 Jul 2002 09:38:45 -0500 From: "Katherine Malm" Subject: [CANSLIM] Updated CANSLIM hunting list This is a multi-part message in MIME format. - ------=_NextPart_000_005E_01C2322C.BD164BA0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi All, I've uploaded an updated CANSLIM Hunting list to the CANSLIM list site: http://WallStreet-LLC.com/canslim/CANSLIMHunting072202.zip This is a zipped Excel spreadsheet. If you don't have a copy of Excel, = you can download a free viewer at: http://office.microsoft.com/downloads/default.aspx?Product=3DExcel&Versio= n=3D95|97|98|2000|2002&Type=3DConverter|Viewer I've taken a slightly different approach this time, limiting the list to = only those stocks that are technically healthy. That means only about = 200 stocks make the grade. Now's the best time of all to get your = shopping lists ready. With so few stocks to evaluate, you can use your = time for effective due diligence. When Mr. M is ready to shine, you'll = be ready with your short list. At the market bottom in '98, very few = stocks made the cut, among them? AOL and YHOO, both of which had great = runs over the next couple of years. In order to make it to the current hunting list, the stock had to have a = forward growth of at least 15%, Price at least 6, Avg Daily Vol at least = 30K, RS at least 60, no more than 15% below the 50 day MA, and at or = above the 200 day MA. Occasionally I will not have data for a stock and it will slip onto the = list even though the minimum technicals will not actually be met. Prices current as of market close 7/22/02. Katherine - ------=_NextPart_000_005E_01C2322C.BD164BA0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Hi All,
 
I've uploaded an updated CANSLIM Hunting list to the CANSLIM list=20 site:
http:= //WallStreet-LLC.com/canslim/CANSLIMHunting072202.zip
 
This is a zipped Excel spreadsheet. If you don't have a copy of = Excel, you=20 can download a free viewer at:
http://of= fice.microsoft.com/downloads/default.aspx?Product=3DExcel&Version=3D9= 5|97|98|2000|2002&Type=3DConverter|Viewer
 
I've taken a slightly different approach this time, limiting the = list to=20 only those stocks that are technically healthy. That means only about = 200 stocks=20 make the grade. Now's the best time of all to get your shopping lists = ready.=20 With so few stocks to evaluate, you can use your time for effective due=20 diligence. When Mr. M is ready to shine, you'll be ready with your short = list.=20 At the market bottom in '98, very few stocks made the cut, among them? = AOL and=20 YHOO, both of which had great runs over the next couple of years.
 
In order to make it to the current hunting list, the stock had to = have a=20 forward growth of at least 15%, Price at least 6, Avg Daily Vol at least = 30K, RS=20 at least 60, no more than 15% below the 50 day MA, and at or above the = 200 day=20 MA.
 
Occasionally I will not have data for a stock and it will slip onto = the=20 list even though the minimum technicals will not actually be met.
 
Prices current as of market close 7/22/02.
 
Katherine
- ------=_NextPart_000_005E_01C2322C.BD164BA0-- - - - -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, 23 Jul 2002 11:09:59 EDT From: Chazmoore@aol.com Subject: Re: [CANSLIM] Updated CANSLIM hunting list - --part1_1bc.865ec73.2a6ecbc7_boundary Content-Type: text/plain; charset="US-ASCII" Content-Transfer-Encoding: 7bit Thank you Katherine. Charley - --part1_1bc.865ec73.2a6ecbc7_boundary Content-Type: text/html; charset="US-ASCII" Content-Transfer-Encoding: 7bit Thank you Katherine. Charley - --part1_1bc.865ec73.2a6ecbc7_boundary-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Tue, 23 Jul 2002 11:46:38 -0400 From: "Dan Forant" Subject: Re: [CANSLIM] Updated CANSLIM hunting list This is a multi-part message in MIME format. - ------=_NextPart_000_004F_01C2323E.9A8A20E0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Katherine,=20 Nice list, I appreciate the effort. DanF ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, July 23, 2002 10:38 AM Subject: [CANSLIM] Updated CANSLIM hunting list Hi All, I've uploaded an updated CANSLIM Hunting list to the CANSLIM list = site: http://WallStreet-LLC.com/canslim/CANSLIMHunting072202.zip This is a zipped Excel spreadsheet. If you don't have a copy of Excel, = you can download a free viewer at: = http://office.microsoft.com/downloads/default.aspx?Product=3DExcel&Versio= n=3D95|97|98|2000|2002&Type=3DConverter|Viewer I've taken a slightly different approach this time, limiting the list = to only those stocks that are technically healthy. That means only about = 200 stocks make the grade. Now's the best time of all to get your = shopping lists ready. With so few stocks to evaluate, you can use your = time for effective due diligence. When Mr. M is ready to shine, you'll = be ready with your short list. At the market bottom in '98, very few = stocks made the cut, among them? AOL and YHOO, both of which had great = runs over the next couple of years. In order to make it to the current hunting list, the stock had to have = a forward growth of at least 15%, Price at least 6, Avg Daily Vol at = least 30K, RS at least 60, no more than 15% below the 50 day MA, and at = or above the 200 day MA. Occasionally I will not have data for a stock and it will slip onto = the list even though the minimum technicals will not actually be met. Prices current as of market close 7/22/02. Katherine - ------=_NextPart_000_004F_01C2323E.9A8A20E0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Katherine,
 
Nice list, I appreciate the = effort.
 
DanF
----- Original Message -----
From:=20 Katherine=20 Malm
Sent: Tuesday, July 23, 2002 = 10:38=20 AM
Subject: [CANSLIM] Updated = CANSLIM=20 hunting list

Hi All,
 
I've uploaded an updated CANSLIM Hunting list to the CANSLIM list = site:
http:= //WallStreet-LLC.com/canslim/CANSLIMHunting072202.zip
 
This is a zipped Excel spreadsheet. If you don't have a copy of = Excel,=20 you can download a free viewer at:
http://of= fice.microsoft.com/downloads/default.aspx?Product=3DExcel&Version=3D9= 5|97|98|2000|2002&Type=3DConverter|Viewer
 
I've taken a slightly different approach this time, limiting the = list to=20 only those stocks that are technically healthy. That means only about = 200=20 stocks make the grade. Now's the best time of all to get your shopping = lists=20 ready. With so few stocks to evaluate, you can use your time for = effective due=20 diligence. When Mr. M is ready to shine, you'll be ready with your = short list.=20 At the market bottom in '98, very few stocks made the cut, among them? = AOL and=20 YHOO, both of which had great runs over the next couple of = years.
 
In order to make it to the current hunting list, the stock had to = have a=20 forward growth of at least 15%, Price at least 6, Avg Daily Vol at = least 30K,=20 RS at least 60, no more than 15% below the 50 day MA, and at or above = the 200=20 day MA.
 
Occasionally I will not have data for a stock and it will slip = onto the=20 list even though the minimum technicals will not actually be = met.
 
Prices current as of market close 7/22/02.
 
Katherine
- ------=_NextPart_000_004F_01C2323E.9A8A20E0-- - - - -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 #2648 ****************************** 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.