From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #2786 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, August 13 2002 Volume 02 : Number 2786 In this issue: RE: [CANSLIM] XRAY and CECO Re: [CANSLIM] analysts Re: [CANSLIM] for DGO Users (was Fw: Conseco [T20020813002H]) Re: [CANSLIM] for DGO Users (was Fw: Conseco [T20020813002H]) RE: [CANSLIM] NASDAQ spread sheet of company financials Re: [CANSLIM] NASDAQ spread sheet of company financials [CANSLIM] mgmt ownership Re: [CANSLIM] XRAY and CECO Re: [CANSLIM] Which One Is Better - Updated Re: [CANSLIM] mgmt ownership Re: [CANSLIM] mgmt ownership ---------------------------------------------------------------------- Date: Mon, 12 Aug 2002 17:20:44 -1000 From: "Mike Gibbons" Subject: RE: [CANSLIM] XRAY and CECO This is a multi-part message in MIME format. - ------=_NextPart_000_001E_01C24224.9713AC60 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: 7bit Hi Katherine, I just opened my brand new copy of HTMMIS v 3 and found on P. 137-138 the topic "Ascending Base". The definition is somewhat similar to what you describe:- "Ascending Bases, like flat bases, occur midway along a move up after a stock has broken out of a cup-with-handle or double-bottom base. It has three pullbacks from 10% to 20% with each low point during the sell-of in price being higher than the preceding, which is why I call it and ascending base. Each of the pullbacks usually ocurs due to the general market declining at that time." Looking at your annotated chart, it would seem CECO fits this definition. It would also seem that the most recent pullback coincided with the July selloff in the markets in agreement with the definition. Maybe CECO is one to watch. Any other views? 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: Monday, August 12, 2002 3:52 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] XRAY and CECO HI Mike, I've noticed the term "long term ascending base" coming up in many posts lately, so thought I'd make comment on that concept. There's actually no such thing, as "ascending base" is a very particular kind of conolidation in the stock's move. In general, a stock will rise, then pause (base), rise, then pause, rise, then pause, and so on. As long as the rise between consolidations is at least 25%, the next area of consolidation is considered a new stage base. This is also the same reason that an LLUR is not a base....it's a stock on the rise, though with low volatility. (Sorry, Tom, just a point on which we don't agree.) The base normally happens when the stock makes a new high, then falls and/or refuses to continue the up move for some period of time. A flat base for example, moves essentially sideways for at least 5 wks, the C&H or cup without handle lasts for at least 7 wks and sports a deeper correction as the stock retraces some of the previous move, etc. The ascending base is just an odd consolidation in that it drifts upward, attempting to breakout 3 times. It's a subtle pattern that's hard to read, but shouldn't be confused with a stock that is rising *between* consolidations. I've uploaded an example on the CECO chart that shows the base, move up, base, move up, etc. http://WallStreet-LLC.com/canslim/CECO081202.jpg Please note that I marked the chart quickly, so the circled areas for the base are "general" and not exact for each base formation. Katherine ----- Original Message ----- From: Mike Gibbons To: canslim@lists.xmission.com Sent: Monday, August 12, 2002 7:54 PM Subject: [CANSLIM] XRAY and CECO When I brought up XRAY last week, Winston observed that the longer term pattern was more like an ascending base. To my surprize, the XRAY breakout hasn't failed yet, although it hasn't been strong either, and may be in the process of forming another handle. I came across another stock today with similar chart characteristics to XRAY - now in the handle of a Cwh formation with good CANSLIM characteristics (http://www.cwhcharts.com/canslim/fuzzy_canslim.php?symbol=CECO) except for v. high institutional ownership - but the longer term pattern looks like an ascending base. The CwH pattern is not ideal with the cup too short and V-shaped, which I attribute to the market behavior in July, but perhaps its on its way to resuming the long term ascending base pattern. Comments anyone? Aloha, Mike Gibbons Proactive Technologies, LLC http://www.proactech.com - ------=_NextPart_000_001E_01C24224.9713AC60 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Hi=20 Katherine,
 
I=20 just opened my brand new copy of HTMMIS v 3 and found on P. 137-138 the = topic=20 "Ascending Base". The definition is somewhat similar to what you = describe:-=20 "Ascending Bases, like flat bases, occur midway along a move up after a = stock=20 has broken out of a cup-with-handle or double-bottom base. It has three=20 pullbacks from 10% to 20% with each low point during the sell-of in = price being=20 higher than the preceding, which is why I call it and ascending base. = Each of=20 the pullbacks usually ocurs due to the general market declining at that=20 time."
 
Looking at your annotated chart, it would seem CECO fits this = definition.=20 It would also seem that the most recent pullback coincided with the July = selloff=20 in the markets in agreement with the definition.
 
Maybe=20 CECO is one to watch. Any other views?
 
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 = Malm
Sent: Monday, August 12, 2002 3:52 PM
To:=20 canslim@lists.xmission.com
Subject: Re: [CANSLIM] XRAY and=20 CECO

HI Mike,
 
I've noticed the term "long term ascending base" coming up in = many posts=20 lately, so thought I'd make comment on that concept.
 
There's actually no such thing, as "ascending base" is a very = particular=20 kind of conolidation in the stock's move. In general, a stock will = rise, then=20 pause (base), rise, then pause, rise, then pause, and so on. As long = as the=20 rise between consolidations is at least 25%, the next area of = consolidation is=20 considered a new stage base. This is also the same reason that an LLUR = is not=20 a base....it's a stock on the rise, though with low volatility. = (Sorry, Tom,=20 just a point on which we don't agree.)
 
The base normally happens when the stock makes a new high, then = falls=20 and/or refuses to continue the up move for some period = of time.=20 A flat base for example, moves essentially sideways for at least 5 = wks, the=20 C&H or cup without handle lasts for at least 7 wks and sports a = deeper=20 correction as the stock retraces some of the previous move, etc. The = ascending=20 base is just an odd consolidation in that it drifts upward, attempting = to=20 breakout 3 times. It's a subtle pattern that's hard to read, but = shouldn't be=20 confused with a stock that is rising *between* consolidations.
 
I've uploaded an example on the CECO chart that shows the base, = move up,=20 base, move up, etc.
http://WallStre= et-LLC.com/canslim/CECO081202.jpg
 
Please note that I marked the chart quickly, so the circled areas = for the=20 base are "general" and not exact for each base formation.
 
Katherine
----- Original Message -----
From:=20 Mike=20 Gibbons
To: canslim@lists.xmission.com= =20
Sent: Monday, August 12, 2002 = 7:54=20 PM
Subject: [CANSLIM] XRAY and = CECO

When I brought up XRAY last week, Winston = observed=20 that the longer term pattern was more like an ascending base. To my=20 surprize, the XRAY breakout hasn't failed yet, although it hasn't = been=20 strong either, and may be in the process of forming another=20 handle.
 
I=20 came across another stock today with similar chart characteristics = to XRAY -=20 now in the handle of a Cwh formation with good CANSLIM = characteristics (http://www.cwhcharts.com/canslim/fuzzy_canslim.php?symbol=3DCECO)=20 except for v. high institutional ownership - but the longer = term=20 pattern looks like an ascending base.
 
The CwH pattern is not ideal with the cup = too short=20 and V-shaped, which I attribute to the market behavior in July, but = perhaps=20 its on its way to resuming the long term ascending base pattern.=20
 
Comments anyone?
 
Aloha,
 
Mike = Gibbons
Proactive = Technologies,=20 LLC
http://www.proactech.com
 
- ------=_NextPart_000_001E_01C24224.9713AC60-- - - - -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: Mon, 12 Aug 2002 22:38:16 -0600 From: "Patrick Wahl" Subject: Re: [CANSLIM] analysts I think most of the people on this list are probably a fairly select group of investors that mostly know what they are doing, most of the time, and are ignoring upgrades and downgrades and know enough not to go down with the ship when a stock starts heading south. But I think we've all seen stories about investors who have lost huge percentages of their retirement funds in the last year or two. So someone is still listening to the mostly useless information being spewed forth on a daily basis by the brokerages. I guess its for those people that I get a little angry at the brokerages. For the more informed investor, you are correct, that stuff doesn't even get into the decision making process, its not even a tiny blip on the investing radar screen. On 12 Aug 2002 at 22:53, Tom Worley wrote: > Patrick, I agree, but for me that is just "noise". Out of curiosity, I took > a look at the charts this morning of both US Airways and Conseco, both in > the news before the open for different, but horribly negative, reasons. It > took only a glance for me to know I never would have been in these stocks > anytime in the past months, if not a year or more. So the reasons for the > price declines now being revealed are moot, the chart tells me there was > something wrong a long time ago, and the insiders (and those close to the > insiders trading on their hints, tips, or whatever) only served to emphasize > what the chart was already saying. Enron, Worldcom, Global Crossing (sold - - - -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: Mon, 12 Aug 2002 22:40:15 -0700 From: Harvey Brion Subject: Re: [CANSLIM] for DGO Users (was Fw: Conseco [T20020813002H]) Thanks, Tom. I've been looking for this fix since they brought out the weekly charts. When I asked them about this problem months ago, they suggested I use the daily chart (I needed that!) and said the only way I could see the entire price range on the weekly chart was to set the monitor to a higher vertical resolution. I guess enough people complained that they finally fixed the software. If they informed us when this "option" became available, I sure missed it. (Why is it an option? Why not always present?) -Harvey Tom Worley wrote: > new feature at DGO I didn't know about, may be useful to others as well > > ----- Original Message ----- > From: > To: > Sent: Monday, August 12, 2002 10:00 PM > Subject: RE: Conseco [T20020813002H] > > Hello Tom, > > Thank you for your recent email to Daily Graphs Online. We recently added a > Price Scale-Alternate option under the Tools button. If you select this > option when viewing a weekly chart, the price scale will adjust to correctly > plot the whole chart. Please access and select this option and you will see > that CNC will display properly. If you have any other questions or comments, > feel free to email us back. > > Regards, > Jorge > Daily Graphs Online > www.dailygraphs.com > > -----Original Message----- > Sender : stkguru@bellsouth.net > Tracking Number : T20020813002HZ1330131 > Pool : Daily Graphs Online > Sent to : "DGOnline Customer Service" > Date : 8/12/02 6:26 PM > --- > > You really need to adjust the price scale on the weekly chart of CNC, as it > is now, it is pretty useless > > 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. - - - -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, 13 Aug 2002 05:41:35 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] for DGO Users (was Fw: Conseco [T20020813002H]) Hi Harvey, I had also complained, and got pretty much the same response you did. Tonight, when I asked why they didn't tell us about this new feature, they answered "Major enhancement changes are featured on our homepage after you log in. The Price Scale-Alternate feature was added recently, however was not featured on our homepage since it was considered a secondary enhancement." It's an option because it's something you can choose to turn on or not. It's not needed on all charts, just the ones with wide price swings. As for why not always present? Turning it off gives more detail on the weekly charts for recent months. - ----- Original Message ----- From: "Harvey Brion" To: Sent: Tuesday, August 13, 2002 1:40 AM Subject: Re: [CANSLIM] for DGO Users (was Fw: Conseco [T20020813002H]) Thanks, Tom. I've been looking for this fix since they brought out the weekly charts. When I asked them about this problem months ago, they suggested I use the daily chart (I needed that!) and said the only way I could see the entire price range on the weekly chart was to set the monitor to a higher vertical resolution. I guess enough people complained that they finally fixed the software. If they informed us when this "option" became available, I sure missed it. (Why is it an option? Why not always present?) -Harvey Tom Worley wrote: > new feature at DGO I didn't know about, may be useful to others as well > > ----- Original Message ----- > From: > To: > Sent: Monday, August 12, 2002 10:00 PM > Subject: RE: Conseco [T20020813002H] > > Hello Tom, > > Thank you for your recent email to Daily Graphs Online. We recently added a > Price Scale-Alternate option under the Tools button. If you select this > option when viewing a weekly chart, the price scale will adjust to correctly > plot the whole chart. Please access and select this option and you will see > that CNC will display properly. If you have any other questions or comments, > feel free to email us back. > > Regards, > Jorge > Daily Graphs Online > www.dailygraphs.com > > -----Original Message----- > Sender : stkguru@bellsouth.net > Tracking Number : T20020813002HZ1330131 > Pool : Daily Graphs Online > Sent to : "DGOnline Customer Service" > Date : 8/12/02 6:26 PM > --- > > You really need to adjust the price scale on the weekly chart of CNC, as it > is now, it is pretty useless > > 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. - - - -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, 13 Aug 2002 07:38:07 -0600 From: "David Taggart" Subject: RE: [CANSLIM] NASDAQ spread sheet of company financials I downloaded it and it looks like a really cool tool but I cant find anywhere where it says if it is free or a fee or whaen it will be fully functional. David - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Tom Worley Sent: Monday, August 12, 2002 7:16 PM To: CANSLIM Subject: [CANSLIM] NASDAQ spread sheet of company financials Chazmoore, here is the answer I got back about this new source (for fee) of company financials. I haven't checked out this pilot program yet. - ----- Original Message ----- From: "James, Leon" To: Sent: Monday, August 12, 2002 4:56 PM Subject: Inquiry - Mr. Worley, I believe you are referring to a Pilot Program on our site which is a co-branded project involving Nasdaq, Microsoft and PriceWaterHouseCoopers. The XBRL demo is run through Microsoft Excel Investor's Assistant. http://www.nasdaq.com/xbrl/ Please read the System Requirements to determine if you are able to use this tool. Thanks for using feedback, Leon James Media Manager nasdaq.com leon.james@nasdaq.com _______________________________ Date: 10:12:28 AM 8/11/2002 Web Site: NASD First Name: Thomas Last Name: Worley Email: stkguru@bellsouth.net A member of my investment group told me the following, can you guide me to a website that would have more information? Rob Black interview of the Vice Chairman of NASDAQ today. The Chairman was explaining new financial reporting by companies due out soon via the Internet. Apparently, for a fee, you could download an Excel Spreadsheet on every reporting public company and chase down the smallest detail ~~~~~~~~~~~~~~~~~~~~~~~~~~~~ - - - -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, 13 Aug 2002 09:11:10 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] NASDAQ spread sheet of company financials since it is coming from NASDAQ and not NASDR, you can assume there will be a fee on it eventually. It is just a pilot program now, probably they don't have a fee structure yet. - ----- Original Message ----- From: "David Taggart" To: Sent: Tuesday, August 13, 2002 9:38 AM Subject: RE: [CANSLIM] NASDAQ spread sheet of company financials I downloaded it and it looks like a really cool tool but I cant find anywhere where it says if it is free or a fee or whaen it will be fully functional. David - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Tom Worley Sent: Monday, August 12, 2002 7:16 PM To: CANSLIM Subject: [CANSLIM] NASDAQ spread sheet of company financials Chazmoore, here is the answer I got back about this new source (for fee) of company financials. I haven't checked out this pilot program yet. - ----- Original Message ----- From: "James, Leon" To: Sent: Monday, August 12, 2002 4:56 PM Subject: Inquiry - Mr. Worley, I believe you are referring to a Pilot Program on our site which is a co-branded project involving Nasdaq, Microsoft and PriceWaterHouseCoopers. The XBRL demo is run through Microsoft Excel Investor's Assistant. http://www.nasdaq.com/xbrl/ Please read the System Requirements to determine if you are able to use this tool. Thanks for using feedback, Leon James Media Manager nasdaq.com leon.james@nasdaq.com _______________________________ Date: 10:12:28 AM 8/11/2002 Web Site: NASD First Name: Thomas Last Name: Worley Email: stkguru@bellsouth.net A member of my investment group told me the following, can you guide me to a website that would have more information? Rob Black interview of the Vice Chairman of NASDAQ today. The Chairman was explaining new financial reporting by companies due out soon via the Internet. Apparently, for a fee, you could download an Excel Spreadsheet on every reporting public company and chase down the smallest detail ~~~~~~~~~~~~~~~~~~~~~~~~~~~~ - - - -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, 13 Aug 2002 09:42:43 -0400 From: "Ann" Subject: [CANSLIM] mgmt ownership I can't seem to find a preferable number (minimum/maximum) for management ownership in HTMMIS (and I can't find my 24 Lessons). He just seems to put average numbers. I did see that ownership is likely to be a smaller percentage for older, larger cos., because the management has died or moved on! What do people use? Thanks, 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. ------------------------------ Date: Tue, 13 Aug 2002 08:48:23 -0500 From: michael_niemotka@baxter.com Subject: Re: [CANSLIM] XRAY and CECO Mike, I think I see the same things you do. I own some COCO, which is competition, but if they both rise I won't complain. Again, a nice one to bring to the table for discussion Mike Niemotka , PE Sr. Principal Engineer Baxter Healthcare Corporation Route 120 & Wilson Road Round Lake, IL 60073 Tel (847) 270-4075 Fax (847) 270-4525 michael_niemotka@baxter.com "Mike Gibbons" To: canslim@lists.xmission.com Sent by: cc: owner-canslim@lists.xm Subject: [CANSLIM] XRAY and CECO ission.com 08/12/2002 07:54 PM Please respond to canslim When I brought up XRAY last week, Winston observed that the longer term pattern was more like an ascending base. To my surprize, the XRAY breakout hasn't failed yet, although it hasn't been strong either, and may be in the process of forming another handle. I came across another stock today with similar chart characteristics to XRAY - now in the handle of a Cwh formation with good CANSLIM characteristics ( http://www.cwhcharts.com/canslim/fuzzy_canslim.php?symbol=CECO) except for v. high institutional ownership - but the longer term pattern looks like an ascending base. The CwH pattern is not ideal with the cup too short and V-shaped, which I attribute to the market behavior in July, but perhaps its on its way to resuming the long term ascending base pattern. Comments anyone? Aloha, Mike Gibbons Proactive Technologies, LLC http://www.proactech.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: Tue, 13 Aug 2002 08:50:27 -0500 From: michael_niemotka@baxter.com Subject: Re: [CANSLIM] Which One Is Better - Updated Katherine, Can you expound on the statement that WTW broke out? In looking at the= chart, I can sorta see a v shaped cwh, but in the handle, the volume di= d NOT dry up.....what would you say the pivot point was? Thanks Mike Niemotka , PE Sr. Principal Engineer Baxter Healthcare Corporation Route 120 & Wilson Road Round Lake, IL 60073 Tel (847) 270-4075 Fax (847) 270-4525 michael_niemotka@baxter.com = =20 "Katherine Malm" = =20 To: canslim@lists= .xmission.com =20 Sent by: cc: = =20 owner-canslim@lists.xm Subject: Re: [CAN= SLIM] Which One Is Better - Updated =20 ission.com = =20 = =20 = =20 08/12/2002 08:02 PM = =20 Please respond to = =20 canslim = =20 = =20 = =20 You know, I have a simple solution for this kind of dilemma....don't us= e the numbers. I know it's tempting to use a number like this, as it seems to "tell yo= u everything" about the stock. But I think once you summarize summary numbers, you're asking for trouble. I rank the composite score as "mild= ly useful." Here's an example. I'll select a couple of stocks that have come up for= discussion here in the last few months: WTW and TOL. Scores? WTW =3D 96 TOL =3D 95 Yet, look at the charts. WTW broke out today, TOL is rolling over and playing dead. Doesn't sound like a score of 95/96 "tells" me everything= I need to know about the stocks. Katherine ----- Original Message ----- From: Gene Ricci To: canslim@lists.xmission.com Sent: Monday, August 12, 2002 7:41 PM Subject: Re: [CANSLIM] Which One Is Better - Updated Arghhh! Same definition Same data base Same company different numbers! ----- Original Message ----- From: Bill Triffet To: canslim@lists.xmission.com Sent: Monday, August 12, 2002 6:58 PM Subject: Re: [CANSLIM] Which One Is Better - Updated Either way, it appears that the IBD data paints a prettier picture of = the stocks. -Bill ----- Original Message ----- From: "Gene Ricci" To: Sent: Monday, August 12, 2002 4:50 PM Subject: Re: [CANSLIM] Which One Is Better - Updated I just had today's update figures for DGO sent to me. The 3 columns are 8/9 DGO data 8/12 IBD readings 30 minutes ago 8/12 DGO just received today's download Hi Katherine, I hadn't checked today and after reading your note, I 'thought' I was in error. However, I just went and checked several stocks: 8/9 8/12 8/12 DGO IBD DGO AAON 85 86 83 AIR 38 55 32 ABCB 89 90 90 ABM 77 85 75 ABN 58 67 58 ACE 69 86 71 ACMR 92 95 92 AES 24 30 25 AFCE 72 79 74 AFL 92 95 91 The first ten (10) I checked showed different numbers. My question still stands, which one is better? Gene ----- Original Message ----- From: Katherine Malm To: canslim@lists.xmission.com Sent: Monday, August 12, 2002 5:47 PM Subject: Re: [CANSLIM] Which One Is Better Hi Gene, There seems to be conflicting information on this...See DGO's reply to= my recent inquiry (7/31) about the very same thing: Hi Katherine, Thank you for your recent email to Daily Graphs Online. I apologize, but the recent additions to our services have not yet bee= n reflected in our Image Maps resource. We plan on making the update so= on. TO address your question, I would like to confirm that the Composite Rating you see on our service is the same SmartSelect=AE Composite Rating tha= t is provided by the Investor's Business Daily and investors.com. Please write back if you have any questions or need assistance. Best regards, Dan Daily Graphs Online www.dailygraphs.com ----- Original Message ----- From: Gene Ricci To: canslim@lists.xmission.com Sent: Monday, August 12, 2002 4:06 PM Subject: [CANSLIM] Which One Is Better Let's see, IBD provides an Overall Rating and now DGO provides a Compo= site Rating. Has anyone determined which one is better? Gene The new SmartSelect=AE Composite Rating in Investor's Business Daily a= nd the Stock Checkup Overall Rating found on investors.com are based on different formulas. The SmartSelect=AE Composite Rating combines all 5 SmartSelect Ratings= into one easy-to-use rating. More weight is placed on EPS and RS Rating, and the stock's percent off its 52-week high is also included = in the formula. Results are then compared to all other companies, and ea= ch company is assigned a rating from 1-99 with 99 being the best. This rating is designed to help you get a quick feel for how a company's SmartSelect=AE Ratings compare to all other stocks in our database. T= his is intended to be an additional tool to help you find the stocks with the highest SmartSelect=AE Ratings, quickly and easily. The Overall Rating in the Stock Checkup is determined by a proprietary= formula incorporating all five of the Stock Checkup ratings. These are= the Technical Rating, Fundamental Rating, Attractiveness Rating, Group= 's Technical Rating and Group's Fundamental Rating. The Stock Checkup us= es over 30 different variables including all the SmartSelect=AE Ratings t= o calculate the Overall Rating. When using the Stock Checkup, focus not= only on the Overall Rating but all 6 of the Checkup Ratings. Also stu= dy how the stock compares to its group within the individual Checkup Ratings. - -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, 13 Aug 2002 09:49:39 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] mgmt ownership I have owned corps up to 80%, but prefer 40-50% - ----- Original Message ----- From: "Ann" To: "CANSLIM Listserv" Sent: Tuesday, August 13, 2002 9:42 AM Subject: [CANSLIM] mgmt ownership I can't seem to find a preferable number (minimum/maximum) for management ownership in HTMMIS (and I can't find my 24 Lessons). He just seems to put average numbers. I did see that ownership is likely to be a smaller percentage for older, larger cos., because the management has died or moved on! What do people use? Thanks, 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: Tue, 13 Aug 2002 09:57:58 -0400 From: "Ann" Subject: Re: [CANSLIM] mgmt ownership Tom, No matter what size of the company? (Or do I assume that you mean micro caps, knowing the stocks you like). WON mentioned 2-3% ownership of the larger companies as being typical (although he didn't say 'preferable'). Ann - ----- Original Message ----- From: "Tom Worley" To: Sent: Tuesday, August 13, 2002 9:49 AM Subject: Re: [CANSLIM] mgmt ownership : I have owned corps up to 80%, but prefer 40-50% : : ----- Original Message ----- : From: "Ann" : To: "CANSLIM Listserv" : Sent: Tuesday, August 13, 2002 9:42 AM : Subject: [CANSLIM] mgmt ownership : : : I can't seem to find a preferable number (minimum/maximum) for management : ownership in HTMMIS (and I can't find my 24 Lessons). He just seems to put : average numbers. : : I did see that ownership is likely to be a smaller percentage for older, : larger cos., because the management has died or moved on! : : What do people use? : : Thanks, : : 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. - - - -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 #2786 ****************************** 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.