From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #2722 Reply-To: canslim Sender: owner-canslim-digest@lists.xmission.com Errors-To: owner-canslim-digest@lists.xmission.com Precedence: bulk Content-Transfer-Encoding: quoted-printable X-No-Archive: yes canslim-digest Sunday, August 4 2002 Volume 02 : Number 2722 In this issue: Re: [CANSLIM] Saucer-shaped Chart? Re: [CANSLIM] Intro Re: [CANSLIM] Saucer-shaped Chart? Re: [CANSLIM] WORLEY'S WATCHLIST WANNABES [CANSLIM] WON on Shorting [CANSLIM] Potential canslim candiadate [CANSLIM] Private Conversations Re: [CANSLIM] Potential canslim candiadate [CANSLIM] Anyone read "Trading Classic Chart Patterns" Re: [CANSLIM] Potential canslim candiadate Re: [CANSLIM] Potential canslim candiadate Re: [CANSLIM] Potential canslim candiadate ---------------------------------------------------------------------- Date: Sat, 3 Aug 2002 21:09:47 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] Saucer-shaped Chart? This is a multi-part message in MIME format. - ------=_NextPart_000_018E_01C23B32.1922F480 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable the only thing I read into a decline on well below average volume is = that the institutionals are not dumping. Of course, that means little if = there is not significant institutional holdings. the corollary is that it also suggests that the retail holders = (investors like us) are holding on even if not buying more. But the = danger of that is that many reach the same stop loss limit at the same = time, drive the price even lower, and trigger even more selling or sell = stop orders. If there was no institutional involvement in the first = place, then unlikely there will be any support for this unpredictable = volume spike on selling pressure. - ----- Original Message -----=20 From: zillagirl=20 To: canslim@lists.xmission.com=20 Sent: Saturday, August 03, 2002 5:36 PM Subject: Re: [CANSLIM] Saucer-shaped Chart? Tom-amy I ask you something-you say the good news is the decline is on = low volumn. Am I right in thinking that when a stock is in a decline = and the volumn starts to dry up , that means the decline is almost = over?? Thanks for your time. nancy ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Saturday, August 03, 2002 1:04 PM Subject: Re: [CANSLIM] Saucer-shaped Chart? a saucer is a much flatter pattern. NOBL went from over 15 to under 4, = then back to over 15. Pattern much more of a cup than saucer. The handle = that has formed is weak, as it has gone from over 15 to under 9 in three = months. The good news is that this decline is on low volume. ----- Original Message -----=20 From: Donald Wallker=20 To: canslim@lists.xmission.com=20 Sent: Saturday, August 03, 2002 3:40 PM Subject: [CANSLIM] Saucer-shaped Chart? To all: In the course of reviewing various automotive stocks, I was = surprised to see that the 3 year Chart of NOBL clearly shows a = completed saucer and handle shaped curve. I hope I'm not seeing = things. As I write this note the IBD Ratings for NOBL are 97, 76, A -,B = and D-, and NOBL has increased their guidance for the remainder of = 2002. I would greatly appreciate someone out there giving me some = feedback about this Chart since it was only a few days ago that I read = the IBD Article about saucer-shaped Charts taking years to form. If = this is one of them, I guess the pivot point is about 2 to 3 months away = months, considering the snails pace of this type of Chart. Please = respond with some constructive criticism. - ------=_NextPart_000_018E_01C23B32.1922F480 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
the only thing I read into a decline on well = below average=20 volume is that the institutionals are not dumping. Of course, that means = little=20 if there is not significant institutional holdings.
 
the corollary is that it also suggests that the = retail=20 holders (investors like us) are holding on even if not buying more. But = the=20 danger of that is that many reach the same stop loss limit at the same = time,=20 drive the price even lower, and trigger even more selling or sell stop = orders.=20 If there was no institutional involvement in the first place, then = unlikely=20 there will be any support for this unpredictable volume spike on selling = pressure.
 
----- Original Message -----=20
From: zillagirl
To: canslim@lists.xmission.com=
Sent: Saturday, August 03, 2002 5:36 PM
Subject: Re: [CANSLIM] Saucer-shaped Chart?

Tom-amy I ask you something-you say the = good news=20 is the decline is on low volumn.  Am I right in thinking that when = a stock=20 is in a decline and the volumn starts to dry up , that means the decline = is=20 almost over?? Thanks for your time. nancy
----- Original Message -----
From:=20 Tom=20 Worley
To: canslim@lists.xmission.com=
Sent: Saturday, August 03, 2002 = 1:04=20 PM
Subject: Re: [CANSLIM] = Saucer-shaped=20 Chart?

a saucer is a much flatter pattern. NOBL went = from over=20 15 to under 4, then back to over 15. Pattern much more of a cup than = saucer.=20 The handle that has formed is weak, as it has gone from over 15 to = under 9 in=20 three months. The good news is that this decline is on low=20 volume.
 
----- Original Message -----=20
From: Donald = Wallker
To: canslim@lists.xmission.com=
Sent: Saturday, August 03, 2002 3:40 PM
Subject: [CANSLIM] Saucer-shaped Chart?

 To all:   In the = course of=20 reviewing various automotive stocks, I was surprised to see that the 3 = year=20 Chart of NOBL clearly shows a  completed  saucer and handle = shaped=20 curve.   I hope I'm not seeing things.  As I write this = note=20 the IBD Ratings for NOBL are 97, 76, A -,B and D-, and NOBL has = increased=20 their guidance for the remainder of  2002.  I would = greatly=20 appreciate  someone out there giving me some feedback about this = Chart=20 since it was only a few days ago that I read the=20 IBD Article  about  saucer-shaped  Charts = taking=20 years to form.  If this is one of them, I guess the pivot point = is=20 about 2 to 3 months away months, considering the snails pace = of this=20 type of Chart.  Please respond with some constructive=20 criticism.
- ------=_NextPart_000_018E_01C23B32.1922F480-- - - - -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, 3 Aug 2002 21:24:51 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] Intro welcome to the group, Bill, it's a great place to listen and learn, and finally try out your own ideas, understanding and interpretation of CANSLIM (not to mention your application of it on specific stocks). - ----- Original Message ----- From: "Bill Lanius" To: Sent: Saturday, August 03, 2002 5:58 PM Subject: [CANSLIM] Intro I'd like to introduce myself briefly to the group. I am retired and have been an investor/trader for about 20 years. I went the route of a guy who followed a broker's advice to being a 100% technical analyst. I did well in the bull market of a couple of years ago but didn't hold on to much of it when it tanked. I realize that I became impatient and frustrated in seeing my stops get hit and then recovering--so I bought back and then foolishly took most of the stops off. I rode the gains down to a very low level until a few months ago when I finally got out. I salvaged what remained and have been mostly in cash since. I am familiar with CANSLIM and have a belief that it is a sound strategy. I very much enjoy the posts from members of this group and appreciate the help. I hope soon that I can get back into the market and recover some of my confidence and maybe some of my money. I hope, too, I can contribute as some of you do. Thanks for listening, Bill. - - - -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, 3 Aug 2002 21:37:39 -0400 From: "Donald Wallker" Subject: Re: [CANSLIM] Saucer-shaped Chart? Fanus---Thanks for the feedback . I was unaware that the maximum cup depth was %33. As a matter of fact I'm amazed, since I've seen cups discussed in IBD that are deeper than that. However, I'll do some boning up on that subject and get back to you. Donald - ----- Original Message ----- From: "Fanus" To: Sent: Saturday, August 03, 2002 6:25 PM Subject: Re: [CANSLIM] Saucer-shaped Chart? > Donald > > Can I suggest you reread HTMMIS assuming you have read > it? This will clear many things up for you and answer > many of the questions you have. > > It stated a CWH have a depth of up to 33% and that a > saucer are a more shallow pattern. The one you > describe here have a depth of 70% which doesn't even > qualify it as a cup. Would you mind to explain how > you consider a 70% swing as a shallow pattern? > > Regards > - Fanus > > > > > --- Donald Wallker wrote: > > Tom ----I don't think we are looking at the same > > chart. Please look at a 3 year chart of NOBL with > > the following thoughts in mind.. I believe the NOBL > > Chart actually shows a much flatter pattern than a > > cup because we are looking at a 3 year chart. A cup > > is normally viewed on a one year Chart. So - the > > only way you can compare the charts is show a one > > year cup on the same chart as the NOBL's 3 year > > chart. And, If this were done, it would be clear > > that NOBL has traced a Saucer-shape commencing > > during the trading week of 3/20/2000 @ $15.750 and > > ending during the trading week of 4/15/2002 @ > > $15.300 (it being noted the during the latter week > > the price of the stock rose to about $15.750). In > > the course of NOBL tracing this saucer-shape, it > > bottomed out during the week of 1/22/ 2001 @$4.50 > > In addition, it seems to me that NOBL has traced a > > handle that ended during the week of 7/1/2002 @ > > $9.35. Moreover, it seems to me that since it took > > about 3 months to trace the handle, it may take > > another 3 months to reach the pivot point. If there > > is something I've missed i'd sure like to here from > > you, or anybody else that would like to step up to > > the plate. The thing I am most concerned about is > > using the CANSLIM rules erroneously. Accordingly > > I'd appreciate a reasoned reply. ---Donald > > ----- Original Message ----- > > From: Tom Worley > > To: canslim@lists.xmission.com > > Sent: Saturday, August 03, 2002 4:04 PM > > Subject: Re: [CANSLIM] Saucer-shaped Chart? > > 3 months to trace the handle > > > > a saucer is a much flatter pattern. NOBL went from > > over 15 to under 4, then back to over 15. Pattern > > much more of a cup than saucer. The handle that has > > formed is weak, as it has gone from over 15 to under > > 9 in three months. The good news is that this > > decline is on low volume. > > > > ----- Original Message ----- > > From: Donald Wallker > > To: canslim@lists.xmission.com > > Sent: Saturday, August 03, 2002 3:40 PM > > Subject: [CANSLIM] Saucer-shaped Chart? > > > > > > To all: In the course of reviewing various > > automotive stocks, I was surprised to see that the 3 > > year Chart of NOBL clearly shows a completed > > saucer and handle shaped curve. I hope I'm not > > seeing things. As I write this note the IBD Ratings > > for NOBL are 97, 76, A -,B and D-, and NOBL has > > increased their guidance for the remainder of 2002. > > I would greatly appreciate someone out there > > giving me some feedback about this Chart since it > > was only a few days ago that I read the IBD Article > > about saucer-shaped Charts taking years to form. > > If this is one of them, I guess the pivot point is > > about 2 to 3 months away months, considering the > > snails pace of this type of Chart. Please respond > > with some constructive criticism. > > > > > __________________________________________________ > Do You Yahoo!? > Yahoo! Health - Feel better, live better > http://health.yahoo.com > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. - - - -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, 3 Aug 2002 21:48:44 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] WORLEY'S WATCHLIST WANNABES Hermann, let me try to answer by explaining a little about myself, and what is behind this weekly list. I have been using CANSLIM and WON products for about 13 years, for a number of those years had direct real time (by fax) access to WON picks. Several years ago, DGO was started, and I have been using it from the beta period on. Because of legal objections from DGO, I no longer base this review solely on a report from there, rather combining reports there with several other unrelated sources of my own. My personal investing for some years now is totally in small cap, usually low priced stocks. But I have done daily and weekly reviews for years to keep my pulse on how other potential CANSLIM stocks were behaving. My participation in the group tends to stick to mainstream CANSLIM, as does this review, since it is intended for me to have a sense of the big picture. I make no effort to follow any stock that I might mention. The list is compiled simply by reviewing many stocks, list is much shorter these days, but I still only look at each chart for about 20-30 seconds. My comments are my impression, strictly an opinion and worth every penny paid for it. I have looked at one stock one way, and had someone ask me about it, gone back and looked more carefully and changed my opinion. The whole idea of posting the list in the first place (since most are ones of no interest to me due price, size, industry, etc) was to present to the group some valid ideas for watching and learning since not everyone had access to authentic CANSLIM data. Previously I printed out the lists and made margin notes which were not shared. Now I just type up the margin notes in an email, and save a tree. sometimes a stock may show up on the list for many weeks, or months. PETM comes to mine, as it was a consistent LLUR for a long time. Others may show up one week and be gone the next. The may disappear because they broke out, they broke down, or I just saw something that changed my opinion the next time. - ----- Original Message ----- From: "Hermann Ertl" To: Sent: Saturday, August 03, 2002 6:15 PM Subject: [CANSLIM] WORLEY'S WATCHLIST WANNABES Below are the selections of the last four weeks. What happened to the dropped ones? Are they not valid anymore? 13 Jul 20 Jul 27 Jul 3 Aug ACMR BL BLUD ALAB APOL BLUD CHCO ANDE ASL CHCO CTSH APOL FESX CTSH FCBP AROW FNLY DOCC HBEK BLUD IBKC EPIQ CTSH INTU FCN DCOM ITLA HBEK DOCC LBAI PGC DORL OZRK RLI FCN PGC SCHN FSTW SCHN UCFC PORT THO VIBC SBMC VIBC WHI SSNC WSFS ZAP I am surprised by the extend the selections change. For example, BL FCBP DOCC EPIQ FCN RLI SCHN UCFC WHI and ZAP appeared on July 20 or July 27 but were dropped the following week. I am confused as to what I can learn from this. - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Sun, 4 Aug 2002 10:05:44 -0400 From: "Tom Worley" Subject: [CANSLIM] WON on Shorting For those that are interested in this out of date publication, Mona was kind enough to compress the scanned pages into a pdf file which anyone with the Acrobat reader can download from her site. The address is http://www.design21.com/canslim/won_shorting.pdf file size is under 700 KB (vs the nearly 5 megs I started with). There are some page numbers missing, I have checked my copy and am missing them as well, so can only assume they were blank pages in the original copy. As I mentioned before, I think this publication (25 pages long) was written about 20 years ago, so applicability to today's markets and easy access to information and online trading may have changed a lot of what WON said then. 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: Sun, 4 Aug 2002 10:26:00 -0400 From: "Donald Wallker" Subject: [CANSLIM] Potential canslim candiadate This is a multi-part message in MIME format. - ------=_NextPart_000_0009_01C23BA1.5403BDE0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Lois--- I reviewed Osteotech Inc.(OSTE) and believeit to be a very good, = potential, canslim candiadate. Its IBD ratings are: currently 80, 97, = B, C and A+ and its Chart has formed a well defined Cup, between the = weeks of 5/28/02 and 7/23/02. Interestingly, this past Friday, on seven = times its normal trading volume it barely moved up. So there were = almost as many sellers as buyers, which I understand is a strong of a = future downturn in the stock. Thus I expect the Cup to grow a handle = this coming week. However, since I am a novice canslimmer I would = appreciate having some feed back from the group concerning OSTE. --- = Donald . - ------=_NextPart_000_0009_01C23BA1.5403BDE0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Lois--- I reviewed Osteotech Inc.(OSTE) = and=20 believeit to be a very good, potential, canslim candiadate.  Its = IBD=20 ratings are: currently 80, 97, B, C and A+ and its=20 Chart has formed a well defined Cup, between the = weeks of=20 5/28/02 and 7/23/02.  Interestingly, this past Friday, on seven = times its=20 normal trading volume it barely moved up.  So there were almost as = many=20 sellers as buyers, which I understand is a strong of a future = downturn in=20 the stock.  Thus I expect the Cup to grow a handle this coming = week. =20 However, since I am a novice canslimmer I would appreciate having some = feed back=20 from the group concerning OSTE. ---=20 Donald   .
- ------=_NextPart_000_0009_01C23BA1.5403BDE0-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Sun, 4 Aug 2002 11:09:15 EDT From: KrisFg@aol.com Subject: [CANSLIM] Private Conversations - --part1_16c.119b276c.2a7e9d9b_boundary Content-Type: text/plain; charset="US-ASCII" Content-Transfer-Encoding: 7bit Lois/Donald, your private conversations should be handled offline, don't you think? Siblings should beware of that. Lois, I heard that you can get free software from that investors software company that you mention in almost every post, IF YOU MENTION IT ON USERS GROUPS, is that your arrangement or are you just one of their employees? - --part1_16c.119b276c.2a7e9d9b_boundary Content-Type: text/html; charset="US-ASCII" Content-Transfer-Encoding: 7bit Lois/Donald, your private conversations should be handled offline, don't you think? Siblings should beware of that.

Lois, I heard that you can get free software from that investors software company that you mention in almost every post, IF YOU MENTION IT ON USERS GROUPS, is that your arrangement or are you just one of their employees? - --part1_16c.119b276c.2a7e9d9b_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: Sun, 4 Aug 2002 08:12:39 -0700 (PDT) From: Jack Tencza Subject: Re: [CANSLIM] Potential canslim candiadate Besides reading and reading WON's books, (as well as reading some great info on this site)I have gained much understanding of the CANSLIM system from cwhcharts.com. It could be just as rewarding for you with due diligence in reading/studying what they do and what resources are available. You can obtain an immdediate answer to your OSTE question from their canslim evaluator. As one learns from doing, I'll not dilvulge its objective evaluation of OSTE and spoil your learning experience. I hope you experience the same benefits I have thanks to someone on this site who referred me to cwhcharts. Jack - --- Donald Wallker wrote: > Lois--- I reviewed Osteotech Inc.(OSTE) and > believeit to be a very good, potential, canslim > candiadate. Its IBD ratings are: currently 80, 97, > B, C and A+ and its Chart has formed a well defined > Cup, between the weeks of 5/28/02 and 7/23/02. > Interestingly, this past Friday, on seven times its > normal trading volume it barely moved up. So there > were almost as many sellers as buyers, which I > understand is a strong of a future downturn in the > stock. Thus I expect the Cup to grow a handle this > coming week. However, since I am a novice > canslimmer I would appreciate having some feed back > from the group concerning OSTE. --- Donald . > ===== Jack __________________________________________________ Do You Yahoo!? Yahoo! Health - Feel better, live better http://health.yahoo.com - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Sun, 4 Aug 2002 09:16:02 -0000 From: "nicky lawrence" Subject: [CANSLIM] Anyone read "Trading Classic Chart Patterns" This is a multi-part message in MIME format. - ------=_NextPart_000_0033_01C23B97.8E09C2A0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable The latest Active Trader magazine has an article about this book an = along with an article/bio about its author Tom Bulkowski. Sounded = interesting I was just wondering if I could get an unbiased review from = anyone here? Nicky=20 - ------=_NextPart_000_0033_01C23B97.8E09C2A0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
The latest Active Trader = magazine has an=20 article about this book an along with an article/bio about its author = Tom=20 Bulkowski.  Sounded interesting I was just wondering if I could get = an=20 unbiased review from anyone here?
 
Nicky
- ------=_NextPart_000_0033_01C23B97.8E09C2A0-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Sun, 4 Aug 2002 11:26:29 -0400 From: "J. Lobatto" Subject: Re: [CANSLIM] Potential canslim candiadate This is a multi-part message in MIME format. - ------=_NextPart_000_001D_01C23BA9.C70376C0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Donald, You stumbled upon a small pet peeve of mine. That is, you state that = there were "almost as many sellers as buyers" As far as I'm aware, there = are two sides to every transaction or it would not take place. However, = you're not alone in this as I commonly read the same thing whenever the = talk turns to stocks. It may be correct to state that buyers and sellers = 'agreed' on lower or higher prices, but it's incorrect to state that = there are more than one or the other..... Jon ----- Original Message -----=20 From: Donald Wallker=20 To: canslim@lists.xmission.com=20 Sent: Sunday, August 04, 2002 10:26 AM Subject: [CANSLIM] Potential canslim candiadate Lois--- I reviewed Osteotech Inc.(OSTE) and believeit to be a very = good, potential, canslim candiadate. Its IBD ratings are: currently 80, = 97, B, C and A+ and its Chart has formed a well defined Cup, between the = weeks of 5/28/02 and 7/23/02. Interestingly, this past Friday, on seven = times its normal trading volume it barely moved up. So there were = almost as many sellers as buyers, which I understand is a strong of a = future downturn in the stock. Thus I expect the Cup to grow a handle = this coming week. However, since I am a novice canslimmer I would = appreciate having some feed back from the group concerning OSTE. --- = Donald . - ------=_NextPart_000_001D_01C23BA9.C70376C0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Donald,
 
You stumbled upon a small pet peeve of = mine. That=20 is, you state that there were "almost as many sellers as buyers" As far = as I'm=20 aware, there are two sides to every transaction or it would not take = place.=20 However, you're not alone in this as I commonly read the same thing = whenever the=20 talk turns to stocks. It may be correct to state that buyers and sellers = 'agreed' on lower or higher prices, but it's incorrect to state that = there are=20 more than one or the other.....
 
Jon
----- Original Message -----
From:=20 Donald = Wallker=20
Sent: Sunday, August 04, 2002 = 10:26=20 AM
Subject: [CANSLIM] Potential = canslim=20 candiadate

Lois--- I reviewed Osteotech = Inc.(OSTE) and=20 believeit to be a very good, potential, canslim candiadate.  Its = IBD=20 ratings are: currently 80, 97, B, C and A+ and its=20 Chart has formed a well defined Cup, between the = weeks of=20 5/28/02 and 7/23/02.  Interestingly, this past Friday, on seven = times its=20 normal trading volume it barely moved up.  So there were almost = as many=20 sellers as buyers, which I understand is a strong of a future = downturn in=20 the stock.  Thus I expect the Cup to grow a handle this coming=20 week.  However, since I am a novice canslimmer I would appreciate = having=20 some feed back from the group concerning OSTE. ---=20 Donald   .
- ------=_NextPart_000_001D_01C23BA9.C70376C0-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Sun, 4 Aug 2002 09:35:49 -0000 From: "nicky lawrence" Subject: Re: [CANSLIM] Potential canslim candiadate This is a multi-part message in MIME format. - ------=_NextPart_000_004C_01C23B9A.5137A9C0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Now I'm intrigued I had never thought of it but saying "almost as many = sellers as buyers" is not the same as "more shares bought than sold. = The latter is a valid statement the first is not. I assume the former = is what is meant when that term is used? Nicky Donald, You stumbled upon a small pet peeve of mine. That is, you state that = there were "almost as many sellers as buyers" As far as I'm aware, there = are two sides to every transaction or it would not take place. However, = you're not alone in this as I commonly read the same thing whenever the = talk turns to stocks. It may be correct to state that buyers and sellers = 'agreed' on lower or higher prices, but it's incorrect to state that = there are more than one or the other..... Jon ----- Original Message -----=20 From: Donald Wallker=20 To: canslim@lists.xmission.com=20 Sent: Sunday, August 04, 2002 10:26 AM Subject: [CANSLIM] Potential canslim candiadate Lois--- I reviewed Osteotech Inc.(OSTE) and believeit to be a very = good, potential, canslim candiadate. Its IBD ratings are: currently 80, = 97, B, C and A+ and its Chart has formed a well defined Cup, between the = weeks of 5/28/02 and 7/23/02. Interestingly, this past Friday, on seven = times its normal trading volume it barely moved up. So there were = almost as many sellers as buyers, which I understand is a strong of a = future downturn in the stock. Thus I expect the Cup to grow a handle = this coming week. However, since I am a novice canslimmer I would = appreciate having some feed back from the group concerning OSTE. --- = Donald . - ------=_NextPart_000_004C_01C23B9A.5137A9C0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Now I'm intrigued I had never = thought of it=20 but saying "almost as many = sellers as=20 buyers" is not the same as "more shares bought than sold.  The = latter is a=20 valid statement the first is not.  I assume the former is what is meant when that term is=20 used?
Nicky
 
Donald,
 
You stumbled upon a small pet peeve of mine. That = is, you=20 state that there were "almost as many sellers as buyers" As far as I'm = aware,=20 there are two sides to every transaction or it would not take place. = However,=20 you're not alone in this as I commonly read the same thing whenever = the talk=20 turns to stocks. It may be correct to state that buyers and sellers = 'agreed'=20 on lower or higher prices, but it's incorrect to state that there are = more=20 than one or the other.....
 
Jon
----- Original Message -----
From:=20 Donald = Wallker=20
Sent: Sunday, August 04, 2002 = 10:26=20 AM
Subject: [CANSLIM] Potential = canslim=20 candiadate

Lois--- I reviewed Osteotech Inc.(OSTE) and = believeit to=20 be a very good, potential, canslim candiadate.  Its IBD ratings = are:=20 currently 80, 97, B, C and A+ and its = Chart has formed a=20 well defined Cup, between the weeks of 5/28/02 and = 7/23/02. =20 Interestingly, this past Friday, on seven times its normal trading = volume it=20 barely moved up.  So there were almost as many sellers as = buyers, which=20 I understand is a strong of a future downturn in the = stock.  Thus=20 I expect the Cup to grow a handle this coming week.  However, = since I=20 am a novice canslimmer I would appreciate having some feed back from = the=20 group concerning OSTE. ---=20 = Donald   .
- ------=_NextPart_000_004C_01C23B9A.5137A9C0-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Sun, 04 Aug 2002 10:57:48 -0500 From: Gene Ricci Subject: Re: [CANSLIM] Potential canslim candiadate This is a multi-part message in MIME format. - ------=_NextPart_000_037F_01C23BA5.C58DEA90 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Please clarify ....=20 ----- Original Message -----=20 From: nicky lawrence=20 To: canslim@lists.xmission.com=20 Sent: Sunday, August 04, 2002 4:35 AM Subject: Re: [CANSLIM] Potential canslim candiadate Now I'm intrigued I had never thought of it but saying "almost as many = sellers as buyers" is not the same as "more shares bought than sold. = The latter is a valid statement the first is not. I assume the former = is what is meant when that term is used? Nicky - ------=_NextPart_000_037F_01C23BA5.C58DEA90 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Please clarify ....
----- Original Message -----
From:=20 nicky=20 lawrence
Sent: Sunday, August 04, 2002 = 4:35=20 AM
Subject: Re: [CANSLIM] = Potential canslim=20 candiadate

Now I'm intrigued I had never = thought of=20 it but saying "almost as many = sellers as=20 buyers" is not the same as "more shares bought than sold.  The = latter is=20 a valid statement the first is not.  I assume the former is what is meant when that term is=20 used?
Nicky
 
 
- ------=_NextPart_000_037F_01C23BA5.C58DEA90-- - - - -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 #2722 ****************************** 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.