From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #2692 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 Wednesday, July 31 2002 Volume 02 : Number 2692 In this issue: RE: [CANSLIM] Cramer RE: [CANSLIM] DCOM - B/O rules RE: [CANSLIM] Today's big picture/m Re: [CANSLIM] Cramer-off topic Re: [CANSLIM] DCOM - B/O rules Re: [CANSLIM] Screen of Day RE: [CANSLIM] banks Re: [CANSLIM] Cramer-off topic [CANSLIM] Weak GDP Report [CANSLIM] Prospecting New technology ---------------------------------------------------------------------- Date: Wed, 31 Jul 2002 10:56:16 -0600 From: "David Taggart" Subject: RE: [CANSLIM] Cramer They both said it. Cramers old hedge partner endorsed WON's last book 24 essential lessons and their fund was and Berkowitz's still is pretty active in the high growth momentum stocks. But Kudlows comment was just funny, he knows they only have so much time for the show and yet he asks a question that any WON student would know is a waste of time to ask but oh well. - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Spencer48@aol.com Sent: Wednesday, July 31, 2002 9:59 AM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] Cramer Canslimmers: I can't believe how many people answered David's E-mail which said that Kudlow said that he reads IBD. I saw the show, and am pretty certain it was Kramer who said that he (Kramer) reads, and-in effect-is an avid follower of WON's theories. Moreover, I thought I was a pretty apropos question. Not everyone subscribes to IBD and knows that WON doesn't pay much attention to PEs. Also, I was interested in hearing if WON has changed his opinion on "...not paying attention to PEs"-especially in regard to the earnings scandals in the Bear market. jans In a message dated Mon, 29 Jul 2002 7:38:45 PM Eastern Standard Time, alensing@prodigy.net writes: > David: > > Great point! > > > ----- Original Message ----- > From: David Taggart > To: canslim@lists.xmission.com > Sent: Monday, July 29, 2002 7:29 PM > Subject: [CANSLIM] Cramer > > > Gotta love the P/E ? Kudlow asked WON about P/E he says I dont really pay attention to it. If he really reads the > paper why did he bother asking that question? - - - -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: Wed, 31 Jul 2002 13:13:27 -0400 From: "Duke Miller" Subject: RE: [CANSLIM] DCOM - B/O rules This is a multi-part message in MIME format. - ------=_NextPart_000_0058_01C23894.123BF630 Content-Type: text/plain; charset="US-ASCII" Content-Transfer-Encoding: 7bit It's also interesting to note that this has happened to NUMEROUS stocks since early this year...breakout....retreat. As Austin Powers would say, "Caaaaaaaaaasssshhhhh, bay-beeeee!" Duke - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com] On Behalf Of Donald Wallker Sent: Wednesday, July 31, 2002 11:22 AM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] DCOM - B/O rules Ann - - In connection with my remarks about JCOM you should note that IBD"s Rael Most Active noted today that : "J2 Global Communications ( JCOM) retreated 0.62 to $20.08 on more than four times its normal trade after clearing a 10-week base-on-base structure Friday." Moreover, it is of interest to note that today JCOM traded as low as $18.50 thus far. - - Donald - ----- Original Message ----- From: Donald Wallker To: canslim@lists.xmission.com Sent: Wednesday, July 31, 2002 10:59 AM Subject: Re: [CANSLIM] DCOM - B/O rules Ann -- If you would like to look at another stock to check out, try JCOM. Its overall rating is 98 A plus, its 1st in all rankings of 35 stocks in its group., its ratings are 81,99,A plus, C and A minus. I wonder if it might be considered a good buy today, since "M" is driving it down after a couple of great days from the breakout. - Donald - ----- Original Message ----- From: Ann To: canslim@lists.xmission.com Sent: Wednesday, July 31, 2002 8:50 AM Subject: Re: [CANSLIM] DCOM - B/O rules I have written down (though I don't know where I got it) that WON says that in this M, we can accept handles which go as low as 20-30%--also, that we shouldn't chase a stock more than 2-3% above pivot. Ann - ----- Original Message ----- From: Mike Gibbons To: canslim@lists.xmission.com Sent: Wednesday, July 31, 2002 12:37 AM Subject: RE: [CANSLIM] DCOM - B/O rules I see it more as a cup-with-handle (but when the only tool you have is a hammer, everything looks like a nail!) because the two dips were not of equal depth, but I'm not sure what the tolerance limits are. However, as a CwH it formed a pivot at $25.90 on 7/10. It then went on to dip to a low of $20.20 in the handle, which was a 22% drop. WON says that a stock should only correct by at most 15% in the handle (although there are inconsistent statements on this) so it didn't qualify as a CwH either (but then virtually nothing has in the last couple of weeks). Nevertheless, todays breakout was very strong and could be buyable up to $27.12 (5% above pivot). 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 Katherine Malm Sent: Tuesday, July 30, 2002 2:46 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] DCOM - B/O rules Hi Victor, I'll leave the specific analysis of the DCOM chart to somebody else, but in the meantime, here's something to get you started: Question Can a double-bottom base have a handle, or is it just the start of another base? Answer In a double-bottom base, the pivot (buy) point typically occurs when the stock clears the peak in the middle of the W-shaped pattern. Sometimes, double bottoms will form handles before they reach this point. In those situations, the pivot point is when the stock clears the highest price point in the handle area. The handle should drift downward slightly and usually form over a period of one to seven weeks. Course 1 in the IBD Learning Center on our Web site has a lesson on chart reading. To get there directly, go to this link - http://www.investors.com/learn/B09.asp Also, go to our Investor's Corner archive entitled "What Can Technical Indicators Tell Me?" to view past articles on this topic - http://www.investors.com/learn/IC.asp#tech Our "Ask Bill O'Neil" archive offers a compilation of Q&A's on the subject of chart reading at this link - http://www.investors.com/askBill/Search_ByTopic.asp?TopicID=5 - --Katherine - ----- Original Message ----- From: vchang@win-invest.com To: canslim@lists.xmission.com Sent: Tuesday, July 30, 2002 7:18 PM Subject: [CANSLIM] DCOM - B/O rules MessageOn Wedsday's edition (today) IBD listed DCOM as b/o from a double bottom. On Tuesday IBD weblink said " ... Dime hit 25.94 Monday, just missing a breakout..." . As a newbie trying to learn more about charts and breakouts, this seems like a great example to check my understanding. If I am getting it right, the reason why DCOM is deemed to have b/o is because of the following two easons: a) It closed at 26.90 having achieved an high of 27.0, and that is above the previous high of 26.80 back in May 17, 2002. b) The new high was achieved at a volume 1,056,800 which is 378% up from the day before and four times the average daily volume of 221,100 What is the exact rule for a breakout mathematically? (Lets say that I were to program it in say Metastock?) Base on this case I can see two rules at least (in pseudo-code): IF today's high is greater than the previous high (is this the all time high or just the rolling 52 week high?) AND IF today's volume is greater than N times the normal volume (is this some sort of moving average of the daily volume, or just yeaterday's volume) THEN yippe it is a B/O Is there any "fuzziness" to the above rules? BTW, the fundamentals on DCOM also look great, ignoring M for a moment, is this a valid CANSLIM candidate stock? Rgds Victor Chang - ------=_NextPart_000_0058_01C23894.123BF630 Content-Type: text/html; charset="US-ASCII" Content-Transfer-Encoding: quoted-printable Message
It's also = interesting to=20 note that this has happened to NUMEROUS stocks since early this=20 year...breakout....retreat.  As Austin Powers would say, =20 "Caaaaaaaaaasssshhhhh, bay-beeeee!"
 
Duke
-----Original Message-----
From:=20 owner-canslim@lists.xmission.com = [mailto:owner-canslim@lists.xmission.com]=20 On Behalf Of Donald Wallker
Sent: Wednesday, July 31, = 2002=20 11:22 AM
To: canslim@lists.xmission.com
Subject: = Re:=20 [CANSLIM] DCOM - B/O rules

Ann - - In connection with my remarks = about JCOM=20 you should note that IBD"s Rael Most Active noted today that : "J2 Global Communications = (JCOM) retreated=20 0.62 to $20.08 on more than four times its normal trade after clearing = a=20 10-week base-on-base structure Friday."   Moreover, it is of = interest to note that today JCOM traded as low as $18.50 thus = far. =20 -  - Donald 
 
----- Original Message -----
From:=20 Donald = Wallker=20
Sent: Wednesday, July 31, = 2002 10:59=20 AM
Subject: Re: [CANSLIM] DCOM - = B/O=20 rules

Ann -- If you would like to look at = another=20 stock to check out, try JCOM.  Its overall rating is 98 A plus, = its 1st=20 in all rankings of 35 stocks in its group., its ratings are 81,99,A = plus, C=20 and A minus.  I wonder if it might be considered a good buy = today,=20 since "M" is driving it down after a couple  of great days from = the=20 breakout. - Donald
----- Original Message ----- =
From:=20 Ann=20
To: canslim@lists.xmission.com= =20
Sent: Wednesday, July 31, = 2002 8:50=20 AM
Subject: Re: [CANSLIM] DCOM = - - B/O=20 rules

I have written down (though I don't know where = I got it)=20 that WON says that in this M, we can accept handles which go as = low as=20 20-30%--also, that we shouldn't chase a stock more than 2-3% above = pivot.
 
Ann
----- Original Message ----- =
From:=20 Mike Gibbons =
To: canslim@lists.xmission.com= =20
Sent: Wednesday, July 31, = 2002=20 12:37 AM
Subject: RE: [CANSLIM] = DCOM - B/O=20 rules

I see it more as a cup-with-handle (but when the only = tool you=20 have is a hammer, everything looks like a nail!) because the two = dips=20 were not of equal depth, but I'm not sure what the tolerance = limits=20 are.
 
However, as a CwH it formed a pivot at $25.90 on 7/10. = It then=20 went on to dip to a low of $20.20 in the handle, which was a 22% = drop.=20 WON says that a stock should only correct by at most 15% in the = handle=20 (although there are inconsistent statements on this) so it = didn't=20 qualify as a CwH either (but then virtually nothing has in the = last=20 couple of weeks). Nevertheless, todays breakout was very strong = and=20 could be buyable up to $27.12 (5% above = pivot).
 
Aloha,
 
Mike Gibbons
Proactive = Technologies,=20 LLC
http://www.proactech.com
-----Original Message-----
From:=20 owner-canslim@lists.xmission.com=20 [mailto:owner-canslim@lists.xmission.com]On Behalf Of = Katherine=20 Malm
Sent: Tuesday, July 30, 2002 2:46 = PM
To:=20 canslim@lists.xmission.com
Subject: Re: [CANSLIM] = DCOM - B/O=20 rules

Hi Victor,
 
I'll leave the specific analysis of the DCOM chart to = somebody=20 else, but in the meantime, here's something to get you = started:
 
Question
  Can a double-bottom base have a = handle, or is=20 it just the start of another base?
3D""=20
  Answer
 
In a double-bottom base, the=20 pivot (buy) point typically occurs when the stock clears = the=20 peak in the middle of the W-shaped = pattern.=20 Sometimes, double bottoms will form handles before they = reach=20 this point. In those situations, the pivot point is when = the=20 stock clears the highest price point in the handle area. = The=20 handle should drift downward slightly and usually form = over a=20 period of one to seven weeks.

Course 1 in the IBD = Learning Center on our Web site has a lesson on chart = reading.=20 To get there directly, go to this link - http://www.investors.com/learn/B09.asp=20

Also, go to our Investor's Corner archive = entitled “What=20 Can Technical Indicators Tell Me?” to view past = articles on this=20 topic - http://www.investors.com/learn/IC.asp#tech=20

Our “Ask Bill O’Neil” archive = offers a compilation of=20 Q&A’s on the subject of chart reading at this = link - = http://www.investors.com/askBill/Search_ByTopic.asp?Topic= ID=3D5
 
--Katherine
----- Original Message ----- =
From:=20 vchang@win-invest.com
To: canslim@lists.xmission.com= =20
Sent: Tuesday, July = 30, 2002=20 7:18 PM
Subject: [CANSLIM] = DCOM - B/O=20 rules

MessageOn Wedsday's edition (today) IBD = listed DCOM=20 as b/o from a double
bottom.  On Tuesday IBD weblink = said "=20 ... Dime hit 25.94 Monday, just
missing a breakout..."=20 .

As a newbie trying to learn more about charts and=20 breakouts, this seems like
a great example to check my=20 understanding.

If I am getting it right, the reason = why DCOM=20 is deemed to have b/o is
because of the following two=20 easons:

a) It closed at 26.90 having achieved an high = of=20 27.0, and that is above the
previous high of 26.80 back = in May=20 17, 2002.

b) The new high was achieved at a volume = 1,056,800=20 which is 378% up from the
day before and four times the = average=20 daily volume of 221,100

What is the exact rule for a = breakout=20 mathematically? (Lets say that I were
to program it in = say=20 Metastock?)

Base on this case I can see two rules at = least=20 (in pseudo-code):

IF today's high is greater than the = previous high (is this the all time high
or just the = rolling 52=20 week high?)
AND
IF today's volume is greater than N = times the=20 normal volume (is this some
sort of moving average of the = daily=20 volume, or just yeaterday's volume)
THEN yippe it is a=20 B/O

Is  there any "fuzziness" to the above=20 rules?

BTW, the fundamentals on DCOM also look great, = ignoring M for a moment, is
this a valid CANSLIM = candidate=20 stock?

Rgds

Victor=20 = Chang


- ------=_NextPart_000_0058_01C23894.123BF630-- - - - -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: Wed, 31 Jul 2002 13:15:40 -0400 From: "Duke Miller" Subject: RE: [CANSLIM] Today's big picture/m This is a multi-part message in MIME format. - ------=_NextPart_000_005D_01C23894.613A9660 Content-Type: text/plain; charset="US-ASCII" Content-Transfer-Encoding: 7bit Eric: Great comments and input. Thank you. Duke - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com] On Behalf Of Eric Jaenike Sent: Wednesday, July 31, 2002 11:33 AM To: canslim group Subject: [CANSLIM] Today's big picture/m A quick note on today's Big Picture. Referring to action on the S&P, the author states that price/volume action implies "mild accumulation". I strongly disagree with that. I consider the action on that index to be a sign of distribution as well, as it is indicative of stalling action. From HTMMIS, 2nd edition, pg. 50: "On one of the days in the uptrend, the total volume for the market will increase over the preceding day's high volume, but the Dow's (or any index) closing average will show stalling action, or substantially less upward movement, than on the prior few days". One other note: the Nasdaq is the only primary index to have flashed a follow through (not including the S&P 600). It also was the index that experienced the nasty give back last Thursday. That giveback was not a good sign. Also, the news that drove the giveback was ominous: Taiwan Semiconductor, the largest chip fab in the industry, announced a nasty revenue miss, revenue guidedown, capex reduction, and capacity utilization reduction to 70%. That is a terrible sign for the chip industry going forward. Also of interest is the NVDA miss last night, as they sell into the PC industry (as well as to Xbox, but I consider that to be an unimportant segment). So far, I consider the action in this latest rally to be very poor. For those interested in another item to watch, I think the action in MSFT, C, and JPM are of some importance (as well as the XLF in general). Their breaks and subsequent (poor) rebounds are, in my opinion, an important tell on where the market is. Eric _____ Do You Yahoo!? Yahoo! Health - Feel better, live better - ------=_NextPart_000_005D_01C23894.613A9660 Content-Type: text/html; charset="US-ASCII" Content-Transfer-Encoding: quoted-printable Message
Eric:
 
Great comments = and=20 input.  Thank you.
 
Duke
-----Original Message-----
From:=20 owner-canslim@lists.xmission.com = [mailto:owner-canslim@lists.xmission.com]=20 On Behalf Of Eric Jaenike
Sent: Wednesday, July 31, = 2002=20 11:33 AM
To: canslim group
Subject: [CANSLIM] = Today's big=20 picture/m

A quick note on today's Big Picture. Referring to action on the = S&P,=20 the author states that price/volume action implies "mild = accumulation". I=20 strongly disagree with that. I consider the action on that index to be = a sign=20 of distribution as well, as it is indicative of stalling = action. From=20 HTMMIS, 2nd edition, pg. 50: "On one of the days in the uptrend, the = total=20 volume for the market will increase over the preceding day's high = volume, but=20 the Dow's (or any index) closing average will show stalling action, or = substantially less upward movement, than on the prior few days".

One other note: the Nasdaq is the only primary index to have = flashed a=20 follow through (not including the S&P 600). It also was the index = that=20 experienced the nasty give back last Thursday. That giveback was not a = good=20 sign. Also, the news that drove the giveback was ominous: Taiwan=20 Semiconductor, the largest chip fab in the industry, announced a nasty = revenue=20 miss, revenue guidedown, capex reduction, and capacity utilization = reduction=20 to 70%. That is a terrible sign for the chip industry going forward. = Also of=20 interest is the NVDA miss last night, as they sell into the PC = industry (as=20 well as to Xbox, but I consider that to be an unimportant = segment).

So far, I consider the action in this latest rally to be very poor. = For=20 those interested in another item to watch, I think the action in MSFT, = C, and=20 JPM are of some importance (as well as the XLF in general). Their = breaks and=20 subsequent (poor) rebounds are, in my opinion, an important tell on = where the=20 market is.

Eric


Do You Yahoo!?
Yahoo! = Health=20 - Feel better, live better
- ------=_NextPart_000_005D_01C23894.613A9660-- - - - -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: Wed, 31 Jul 2002 10:34:16 -0700 From: "zillagirl" Subject: Re: [CANSLIM] Cramer-off topic I sometimes get the feeling CNBC doesn't care so much what is said as long as the conversation keeps moving. They had a guest on yesterday talking about the new bankruptcy laws-said it would stop all these CEOs from building 20 million dollar houses and shielding them from bankruptcy. Yet there was an in-depth article on the marketwatch site yesterday about what is wrong with the new laws and one of the major points was that these people would still be shielded while the little people , out of work, in a recession would have less protection. - ----- Original Message ----- From: "David Taggart" To: Sent: Wednesday, July 31, 2002 9:56 AM Subject: RE: [CANSLIM] Cramer > They both said it. Cramers old hedge partner endorsed WON's last book 24 > essential lessons and their fund was and Berkowitz's still is pretty active > in the high growth momentum stocks. But Kudlows comment was just funny, he > knows they only have so much time for the show and yet he asks a question > that any WON student would know is a waste of time to ask but oh well. > > -----Original Message----- > From: owner-canslim@lists.xmission.com > [mailto:owner-canslim@lists.xmission.com]On Behalf Of Spencer48@aol.com > Sent: Wednesday, July 31, 2002 9:59 AM > To: canslim@lists.xmission.com > Subject: Re: [CANSLIM] Cramer > > > Canslimmers: > > I can't believe how many people answered David's E-mail which said that > Kudlow said that he reads IBD. I saw the show, and am pretty certain it was > Kramer who said that he (Kramer) reads, and-in effect-is an avid follower of > WON's theories. > > Moreover, I thought I was a pretty apropos question. Not everyone > subscribes to IBD and knows that WON doesn't pay much attention to PEs. > Also, I was interested in hearing if WON has changed his opinion on "...not > paying attention to PEs"-especially in regard to the earnings scandals in > the Bear market. > > jans > > > In a message dated Mon, 29 Jul 2002 7:38:45 PM Eastern Standard Time, > alensing@prodigy.net writes: > > > David: > > > > Great point! > > > > > > ----- Original Message ----- > > From: David Taggart > > To: canslim@lists.xmission.com > > Sent: Monday, July 29, 2002 7:29 PM > > Subject: [CANSLIM] Cramer > > > > > > Gotta love the P/E ? Kudlow asked WON about P/E he says I dont really pay > attention to it. If he really reads the > > paper why did he bother asking that question? > > > > - > -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: Wed, 31 Jul 2002 13:38:19 EDT From: KLall1112@aol.com Subject: Re: [CANSLIM] DCOM - B/O rules Katherine: Insiders keep on selling DCOM. Kris - - - -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: Wed, 31 Jul 2002 13:39:38 -0400 From: "Chuck Dreier" Subject: Re: [CANSLIM] Screen of Day Yes, I save them - but generally only a week's worth at a time. Chuck - ----- Original Message ----- From: "Ann" To: Sent: Wednesday, July 31, 2002 11:04 AM Subject: Re: [CANSLIM] Screen of Day > Thanks. I'm trying to do that, too. > Ann > ----- Original Message ----- > From: "Rich W" > To: > Sent: Wednesday, July 31, 2002 11:02 AM > Subject: Re: [CANSLIM] Screen of Day > > > : I think it is too early yet, seems that is after 12 noon St Louis time > : before I see it change, any one else saving them, as I have all for July > : > : Rich W > : AAII CISIG Group, > : ST Louis Stock > : Analysis Group > : Coordinator > : > : > : > : - > : -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: Wed, 31 Jul 2002 13:07:58 -0500 From: "Fred Richards" Subject: RE: [CANSLIM] banks Yep, but did not buy it. - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Ann Sent: Wednesday, July 31, 2002 10:08 AM To: CANSLIM Listserv Subject: [CANSLIM] banks It seems that the bank stocks are defying the M. Did anyone catch VIBC?? Ann - - - -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: Wed, 31 Jul 2002 14:19:00 -0400 From: "Donald Wallker" Subject: Re: [CANSLIM] Cramer-off topic I do not see how it is going to stop anyone from building a million dollar House. Unless,of course, something is done about Florida. As a matter of interest, iUnder the present law if you think you are about to go bankrupt you can always move to Florida ,where your home is immune to the Bankruptcy Laws. For example O.J. Simpson lives in Florida------- Donald - ----- Original Message ----- From: "zillagirl" To: Sent: Wednesday, July 31, 2002 1:34 PM Subject: Re: [CANSLIM] Cramer-off topic > I sometimes get the feeling CNBC doesn't care so much what is said as long > as the conversation keeps moving. They had a guest on yesterday talking > about the new bankruptcy laws-said it would stop all these CEOs from > building 20 million dollar houses and shielding them from bankruptcy. Yet > there was an in-depth article on the marketwatch site yesterday about what > is wrong with the new laws and one of the major points was that these people > would still be shielded while the little people , out of work, in a > recession would have less protection. > ----- Original Message ----- > From: "David Taggart" > To: > Sent: Wednesday, July 31, 2002 9:56 AM > Subject: RE: [CANSLIM] Cramer > > > > They both said it. Cramers old hedge partner endorsed WON's last book 24 > > essential lessons and their fund was and Berkowitz's still is pretty > active > > in the high growth momentum stocks. But Kudlows comment was just funny, > he > > knows they only have so much time for the show and yet he asks a question > > that any WON student would know is a waste of time to ask but oh well. > > > > -----Original Message----- > > From: owner-canslim@lists.xmission.com > > [mailto:owner-canslim@lists.xmission.com]On Behalf Of Spencer48@aol.com > > Sent: Wednesday, July 31, 2002 9:59 AM > > To: canslim@lists.xmission.com > > Subject: Re: [CANSLIM] Cramer > > > > > > Canslimmers: > > > > I can't believe how many people answered David's E-mail which said > that > > Kudlow said that he reads IBD. I saw the show, and am pretty certain it > was > > Kramer who said that he (Kramer) reads, and-in effect-is an avid follower > of > > WON's theories. > > > > Moreover, I thought I was a pretty apropos question. Not everyone > > subscribes to IBD and knows that WON doesn't pay much attention to PEs. > > Also, I was interested in hearing if WON has changed his opinion on > "...not > > paying attention to PEs"-especially in regard to the earnings scandals in > > the Bear market. > > > > jans > > > > > > In a message dated Mon, 29 Jul 2002 7:38:45 PM Eastern Standard Time, > > alensing@prodigy.net writes: > > > > > David: > > > > > > Great point! > > > > > > > > > ----- Original Message ----- > > > From: David Taggart > > > To: canslim@lists.xmission.com > > > Sent: Monday, July 29, 2002 7:29 PM > > > Subject: [CANSLIM] Cramer > > > > > > > > > Gotta love the P/E ? Kudlow asked WON about P/E he says I dont really > pay > > attention to it. If he really reads the > > > paper why did he bother asking that question? > > > > > > > > - > > -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: Wed, 31 Jul 2002 08:48:22 -0400 From: "Tom Worley" Subject: [CANSLIM] Weak GDP Report Q2 preliminary GDP report comes in at 1.1% growth, various estimates I have been seeing ranged from 2.2% to 2.8%, so would see this as a serious negative. Compounding this was a downward revision of Q1 GDP from 6.1% to 5%, a similar revision of Q2 results would put the economy virtually at a standstill. Tom Worley stkguru@bellsouth.net AIM: TexWorley - - - -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: Wed, 31 Jul 2002 14:43:40 -0400 From: "Donald Wallker" Subject: [CANSLIM] Prospecting New technology This is a multi-part message in MIME format. - ------=_NextPart_000_0005_01C238A0.A9692BC0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable I have been in the habit of prospecting for new techonlogy issues from = time to time that have nothing to do with CANSLIM. In this vein I've = come across an intresting stock that George Soros fund has invested in = and has had some good press in recent days. Apparently, the big boys of = the tech world have recognized this company' technology as a big comer. = So I offer the group "LNOP " for head scratching purposes, ... If an = engineering talent out there has any input concerning this Company or = the significance of their Award in hi tech circles, I'd greatly = appreciate the input. .Perhaps the Title of this Note should have bee = "Throwing your bread on the Water"... Donald=20 - ------=_NextPart_000_0005_01C238A0.A9692BC0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
I have been in the habit of prospecting = for new=20 techonlogy issues from time to time that have nothing to do with = CANSLIM. In=20 this vein I've come across an intresting stock that George Soros = fund has=20 invested in and has had some good press in recent days. Apparently, the = big boys=20 of the tech world have recognized this company' technology as a big = comer.=20 So I offer the group "LNOP " for head scratching=20  purposes,  ... If an engineering talent out there has = any input=20 concerning this Company or the significance of their Award in hi tech = circles,=20 I'd greatly appreciate the  input. .Perhaps the Title of = this=20 Note should have bee "Throwing your bread on the Water"...  Donald=20
- ------=_NextPart_000_0005_01C238A0.A9692BC0-- - - - -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 #2692 ****************************** 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.