From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #2791 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 2791 In this issue: Re: Pearl of Wisdom (was [CANSLIM] CCR - I offer this up for dissection) Re: Pearl of Wisdom (was [CANSLIM] CCR - I offer this up for dissection) ---------------------------------------------------------------------- Date: Tue, 13 Aug 2002 18:16:52 -0700 From: "NANCY POLCARO" Subject: Re: Pearl of Wisdom (was [CANSLIM] CCR - I offer this up for dissection) - ------=_NextPart_001_0000_01C242F5.9917F4E0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable I know - our moments of feeling good are limited when your new-huh! It l= aid out a format for me that I could understand, kind of like mikes cwhan= dle chart. No one said a lot was missing, so Im using it for a reference= right now with your permission. Glad you had a smile-Nancy =20 - ----- Original Message ----- From: Kelly Short Sent: Tuesday, August 13, 2002 7:02 AM To: canslim@lists.xmission.com Subject: RE: Pearl of Wisdom (was [CANSLIM] CCR - I offer this up for dis= section) =20 Nancy, Believe me when I tell you that your words of thanks are misdirected! The= true Pearls of Wisdom came from several group members- but none of them = by the name of Kelly. I too was the recipient, not sender, of such wisdom= . I believe Winston expelled most of these pearls and I too would like to= know where he would get such information to answer Question #4. So- not = to pass the buck- but..... Winston???? Any other Pearls hiding beneath th= e shell? Katherine? Fred? Duke? Tom? The rest of the M.O.B. Squad? And Nancy- thank you for the praise! It felt great if only for a fleeting= moment! Kelly - -----Original Message----- From: NANCY POLCARO [] Sent: Monday, August 12, 2002 6:57 PM To: canslim@lists.xmission.com Subject: Re: Pearl of Wisdom (was [CANSLIM] CCR - I offer this up for dissection) Kelly-catching up on myt mail also-I thought your presentation was really= =20 good-I wish I was that far right now. Can you tell me where you got your= =20 info? IBD? Daily Graphs? Other source? Thanks nancy >From: "Duke Miller" >Reply-To: canslim@lists.xmission.com >To: >Subject: Pearl of Wisdom (was [CANSLIM] CCR - I offer this up for =20 >dissection) >Date: Sun, 11 Aug 2002 09:33:54 -0400 > >Winston, et al: > >I'm catching up with my backlog of CANSLIM list messages, and a thought >just occurred to me after reading Winston's reply to Kelly below. (Sans >header I would have surely assumed it was Katherine's response!) > >Your point #4 is a true Pearl of Wisdom--I.e., it provokes further >thought, and is what I call an "a-ha". The reason? How bombarded we >are with information and desktops riddled with shortcuts to investment >net "tools." But when it's all said and done--technicals, >fundamentals, charts, ratings, etc.--spending time in thought about how >will the rest of the market...react to the point or issue and how >soon--is what it's all about, isn't it? You can't measure it, you can >accurately predict it, can't touch it, can't feel it. But if the >response to that question is not, albeit in you gut, positive, you >shouldn't touch it, should you? > >Thank you for that. > >Duke > > > -----Original Message----- >From: owner-canslim@lists.xmission.com >[mailto:owner-canslim@lists.xmission.com] On Behalf Of Winston Little >Sent: Friday, August 09, 2002 12:15 PM >To: canslim@lists.xmission.com >Subject: Re: [CANSLIM] CCR - I offer this up for dissection > > > >Kelly: >My hope is that the note was of some help, but please keep the following >in mind: >1. The goal is neither to whip or throw you back into the pond. >2. ALWAYS QUESTION anything that is said or stated.... do you agree with >the point or issue stated or asked? >3. If you agree with the point, then is what is the significance of the >point or issue? The point may be true but of little value. >4. How will the rest of the market traders/investors/or others react to >the point or issue, and how soon? >Depending on the results of the evaluate the points above (or others), >you may then want to respond and show the other person a different >perspective. > > >----- Original Message ----- >From: Kelly Short >To: canslim@lists.xmission.com >Sent: Friday, August 09, 2002 11:22 AM >Subject: RE: [CANSLIM] CCR - I offer this up for dissection > >Winston, > >You give me new understanding of DD. After reading your email I whip >myself for not investigating further before posting. Back to the newbie >pond for me. I feel like those Snakehead fish in Maryland- so close to >making it from the pond to the big river, then the big bad human ("M") >comes and throws me back in the pond. Thanks for your observations- I'll >keep hacking away. > >Kelly > -----Original Message----- >From: Winston Little [mailto:wlittle1@peoplepc.com] >Sent: Thursday, August 08, 2002 4:31 PM >To: canslim@lists.xmission.com >Subject: Re: [CANSLIM] CCR - I offer this up for dissection > > > >Kelly: >A few comments: >1. Chart pattern: >If cup-with handle (start 27 May, end 01 Aug) then the shape is V-Cup >which is not ideal. >2. Handle is 2 days long (minimum desired is five days) on 03 and 05 >Aug. >3. Heavy volume in handle (again undesirable) >4. Breakout volume on 06 Aug was 166% of average daily =3D ok. >5. Debt to equity ratio =3D 4.3 This may be a bit high, as others in the >top five of the IBD group were at 0.98, 0.18 and 0.83. The one exception >was the government sponsored agency FRE (Freddie Mac) at 31. >6. Largest concern was roll off in revenue in Q2 of 2002 to $$998 >million, was $1233 in Q1, N/A in Q4 of 200, $1272 in Q3 of 2001, $1234 >in Q2 of 2001 etc. Surprisingly the eps reported in Q2 of 2002 was >highest at $1.48 up from $1.32 in Q1 of 2002. Does this imply there may >be a re-statement in the works as day of reckoning approaches for CEO >and CFO? >CCR is believed to be a sub-prime lender. Does this mean difficulty as >the slow economy persists and consumers start to run out of cash? > >----- Original Message ----- >From: Kelly Short >To: canslim@lists.xmission.com >Sent: Thursday, August 08, 2002 4:50 PM >Subject: [CANSLIM] CCR - I offer this up for dissection > >CCR - Countrywide Cr Inds Inc > >EPS growth could be better but are we more forgiving over the past 3 >qtrs (after all- CCR is positive EPS growth for past 3 qtrs which in >itself is an accomplishment)? Appears to be coming out of CWH formation >(all though not as beautiful a formation as the Mona Lisa or anything >IBD would show us). Thoughts? > > >IBD Ratings >Smart Select 99 >EPS Rating 94 >RPS 89 >Industry Group Rank A >S+P M+ROE A >A/D A+ > > >Technical Rating 98 >Fundamental Rating 96 >Attractiveness Rating 99 >Group's Technical Rating 79 >Group's Fundamental Rating 86 > > > >Rank within Industry Group >Industry Rank (08/08/02) 32 > >Overall 100 >Technical 100 >Fundamental 91 >Attriveness 100 >Top 5 Companies w/in Group > > > >CCR > > > >DORL > > > >NCEN > > > >NDE > > > >FRE >Group % Chg to Date 2% >Group % Chg Last 12 mths 4% >Group % Chg Last 4 weeks 4% > > >Performance > >Up/Down Vol 1.3 >3 Yr. EPS Growth 16% >3 Yr. Sales Growth 25% >EPS Growth (Quarterly) % Chg >Qtr -1 $0.64 5% >Qtr -2 $0.61 8% >Qtr -3 $0.56 5% >Qtr -4 $0.53 8% >Qtr -5 $0.49 0% >Qtr -6 $0.49 > >Revenue Growth >Qtr -1 293,159 3% >Qtr -2 285,799 1% >Qtr -3 283,199 1% >Qtr -4 281,332 3% >Qtr -5 272,860 0% >Qtr -6 272,489 > > _____ > >For your protection, this e-mail message has been scanned for viruses. > >Visit us at http://www.neoris.com/ > > _____ > > > > _________________________________________________________________ Join the world's largest e-mail service with MSN Hotmail. =20 http://www.hotmail.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. _________________________________________________________________________= ___ For your protection, this e-mail message has been scanned for viruses. Visit us at http://www.neoris.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. - ------=_NextPart_001_0000_01C242F5.9917F4E0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
I know - our m= oments of feeling good are limited when your new-huh!  It laid out a= format for me that I could understand, kind of like mikes cwhandle chart= .  No one said a lot was missing, so Im using it for a reference rig= ht now with your permission.   Glad you had a smile-Nancy<= /DIV>
 
----- Original Message -----
F= rom: Kelly Short
Sent: T= uesday, August 13, 2002 7:02 AM
= To: canslim@lists.xmission.com
= Subject: RE: Pearl of Wisdom (was [CANSLIM] CCR - I offer this up = for dissection)
 
Nancy,

Believe me when I te= ll you that your words of thanks are misdirected! The true Pearls of Wisd= om came from several group members- but none of them by the name of Kelly= . I too was the recipient, not sender, of such wisdom. I believe Winston = expelled most of these pearls and I too would like to know where he would= get such information to answer Question #4. So- not to pass the buck- bu= t..... Winston???? Any other Pearls hiding beneath the shell? Katherine? = Fred? Duke? Tom? The rest of the M.O.B. Squad?

And Nancy- thank yo= u for the praise! It felt great if only for a fleeting moment!

Kel= ly

-----Original Message-----
From: NANCY POLCARO []
Sent: M= onday, August 12, 2002 6:57 PM
To: canslim@lists.xmission.com
Subje= ct: Re: Pearl of Wisdom (was [CANSLIM] CCR - I offer this up for
disse= ction)


Kelly-catching up on myt mail also-I thought your prese= ntation was really
good-I wish I was that far right now.  Can yo= u tell me where you got your
info? IBD? Daily Graphs?  Other sou= rce? Thanks nancy


>From: "Duke Miller" <dukemill@tampaba= y.rr.com>
>Reply-To: canslim@lists.xmission.com
>To: <c= anslim@lists.xmission.com>
>Subject: Pearl of Wisdom (was [CANSL= IM] CCR - I offer this up for
>dissection)
>Date: Sun, 11 Au= g 2002 09:33:54 -0400
>
>Winston, et al:
>
>I'm c= atching up with my backlog of CANSLIM list messages, and a thought
>= ;just occurred to me after reading Winston's reply to Kelly below.  = (Sans
>header I would have surely assumed it was Katherine's respon= se!)
>
>Your point #4 is a true Pearl of Wisdom--I.e., it pro= vokes further
>thought, and is what I call an "a-ha".   T= he reason?  How bombarded we
>are with information and desktop= s riddled with shortcuts to investment
>net "tools."   Bu= t when it's all said and done--technicals,
>fundamentals, charts, r= atings, etc.--spending time in thought about how
>will the rest of = the market...react to the point or issue and how
>soon--is what it'= s all about, isn't it?  You can't measure it, you can
>accurat= ely predict it, can't touch it, can't feel it.  But if the
>re= sponse to that question is not, albeit in you gut, positive, you
>s= houldn't touch it, should you?
>
>Thank you for that.
>=
>Duke
>
>
>  -----Original Message-----
= >From: owner-canslim@lists.xmission.com
>[mailto:owner-canslim@l= ists.xmission.com] On Behalf Of Winston Little
>Sent: Friday, Augus= t 09, 2002 12:15 PM
>To: canslim@lists.xmission.com
>Subject:= Re: [CANSLIM] CCR - I offer this up for dissection
>
>
&g= t;
>Kelly:
>My hope is that the note was of some help, but pl= ease keep the following
>in mind:
>1. The goal is neither to = whip or throw you back into the pond.
>2. ALWAYS QUESTION anything = that is said or stated.... do you agree with
>the point or issue st= ated or asked?
>3. If you agree with the point, then is what is the= significance of the
>point or issue? The point may be true but of = little value.
>4. How will the rest of the market traders/investors= /or others  react to
>the point or issue, and how soon?
>= ;Depending on the results of  the evaluate the points above (or othe= rs),
>you may then want to respond and show the other person a diff= erent
>perspective.
>
>
>----- Original Message -= - ----
>From: Kelly Short <mailto:kelly.short@tx.us.neoris.com>=
>To: canslim@lists.xmission.com
>Sent: Friday, August 09, 20= 02 11:22 AM
>Subject: RE: [CANSLIM] CCR - I offer this up for disse= ction
>
>Winston,
>
>You give me new understandin= g of DD. After reading your email I whip
>myself for not investigat= ing further before posting. Back to the newbie
>pond for me. I feel= like those Snakehead fish in Maryland- so close to
>making it from= the pond to the big river, then the big bad human ("M")
>comes and= throws me back in the pond. Thanks for your observations- I'll
>ke= ep hacking away.
>
>Kelly
>  -----Original Message= - -----
>From: Winston Little [mailto:wlittle1@peoplepc.com]
>S= ent: Thursday, August 08, 2002 4:31 PM
>To: canslim@lists.xmission.= com
>Subject: Re: [CANSLIM] CCR - I offer this up for dissection>
>
>
>Kelly:
>A few comments:
>1. Char= t pattern:
>If cup-with handle (start 27 May, end 01 Aug) then the = shape is V-Cup
>which is not ideal.
>2. Handle is 2 days long= (minimum desired is five days) on 03 and 05
>Aug.
>3. Heavy = volume in handle (again undesirable)
>4. Breakout volume on 06 Aug = was 166% of average daily =3D ok.
>5. Debt to equity ratio =3D 4.3 = This may be a bit high, as others in the
>top five of the IBD group= were at 0.98, 0.18 and 0.83. The one exception
>was the government= sponsored agency FRE (Freddie Mac) at 31.
>6. Largest concern was = roll off in revenue in Q2 of 2002 to $$998
>million, was $1233 in Q= 1, N/A in Q4 of 200, $1272 in Q3 of 2001, $1234
>in Q2 of 2001 etc.=   Surprisingly the eps reported in Q2 of 2002 was
>highest at = $1.48 up from $1.32 in Q1 of 2002. Does this imply there may
>be a = re-statement in the works as day of reckoning approaches for CEO
>a= nd CFO?
>CCR is believed to be a sub-prime lender. Does this mean d= ifficulty as
>the slow economy persists and consumers start to run = out of cash?
>
>----- Original Message -----
>From: Kel= ly Short <mailto:kelly.short@tx.us.neoris.com>
>To: canslim@l= ists.xmission.com
>Sent: Thursday, August 08, 2002 4:50 PM
>S= ubject: [CANSLIM] CCR - I offer this up for dissection
>
>CCR= - Countrywide Cr Inds Inc
>
>EPS growth could be better but = are we more forgiving over the past 3
>qtrs (after all- CCR is posi= tive EPS growth for past 3 qtrs which in
>itself is an accomplishme= nt)? Appears to be coming out of CWH formation
>(all though not as = beautiful a formation as the Mona Lisa or anything
>IBD would show = us). Thoughts?
>
>
>IBD Ratings
>Smart Select 99<= BR>>EPS Rating 94
>RPS 89
>Industry Group Rank A
>S+= P M+ROE A
>A/D A+
>
>
>Technical Rating 98
>= ;Fundamental Rating 96
>Attractiveness Rating 99
>Group's Tec= hnical Rating 79
>Group's Fundamental Rating 86
>
>
= >
>Rank within Industry Group
>Industry Rank (08/08/02) 32=
>
>Overall 100
>Technical 100
>Fundamental 91>Attriveness 100
>Top 5 Companies w/in Group
>
>>
>CCR
>
>
>
>DORL
>
>
&= gt;
>NCEN
>
>
>
>NDE
>
>
>= ;
>FRE
>Group % Chg to Date 2%
>Group % Chg Last 12 mth= s 4%
>Group % Chg Last 4 weeks 4%
>
>
>Performanc= e
>
>Up/Down Vol 1.3
>3 Yr. EPS Growth 16%
>3 Yr.= Sales Growth 25%
>EPS Growth (Quarterly) % Chg
>Qtr -1 $0.64= 5%
>Qtr -2 $0.61 8%
>Qtr -3 $0.56 5%
>Qtr -4 $0.53 8%<= BR>>Qtr -5 $0.49 0%
>Qtr -6 $0.49
>
>Revenue Growth<= BR>>Qtr -1 293,159 3%
>Qtr -2 285,799 1%
>Qtr -3 283,199 1= %
>Qtr -4 281,332 3%
>Qtr -5 272,860 0%
>Qtr -6 272,489=
>
>   _____
>
>For your protection, th= is e-mail message has been scanned for viruses.
>
>Visit us a= t http://www.neoris.com/
>
>   _____
>
>= ;
>
>




____________________________________= _____________________________
Join the world's largest e-mail service = with MSN Hotmail.
http://www.hotmail.com


-
-To subscrib= e/unsubscribe, email "majordomo@xmission.com"
-In the email body, writ= e "subscribe canslim" or
-"unsubscribe canslim".  Do not use quot= es in your email.

________________________________________________= ____________________________
For your protection, this e-mail message = has been scanned for viruses.
Visit us at http://www.neoris.com/
-
-To subscribe/unsubscribe, email "majordomo@xmission.com"
-In t= he email body, write "subscribe canslim" or
-"unsubscribe canslim".&nb= sp; Do not use quotes in your email.
- ------=_NextPart_001_0000_01C242F5.9917F4E0-- - - - -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 18:26:35 -0700 From: "NANCY POLCARO" Subject: Re: Pearl of Wisdom (was [CANSLIM] CCR - I offer this up for dissection) - ------=_NextPart_001_0001_01C242F6.F4B536E0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Tom-thats the thing I am learning-my exsperience is you get some great ca= nslim stock, on several lists, in a good sector, under accumulation with = all B's and A's and you look at it 3 months later and it is half of what = it was 4 months ago and hasn't split. That is what was so frustrating to= me when I first tried Canslim. At that time the market was up, but they = all dont make it -just the ones the buyers want to spend their money on. = It felt like I did the program and still blew it. What I didn't consider= is what you just wrote. Hope you dont mind if I paste it to my computer.= Nancy =20 - ----- Original Message ----- From: Tom Worley Sent: Tuesday, August 13, 2002 7:25 AM To: canslim@lists.xmission.com Subject: Re: Pearl of Wisdom (was [CANSLIM] CCR - I offer this up for dis= section) =20 Kelly, while the market has always been one of the purest forms of supply and demand dynamics, it is first and foremost controlled by human emotion= . Systems such as CANSLIM introduce a certain degree of mechanical aspects, but our interpretation of what we see and hear, particularly with regard = to "M", remains very human, and emotional in our response. If you have never studied human psychology, then you should, especially H= erd Mentality. It is routinely seen in the marketplace. I lost a lot of money arguing with the markets over the outstanding fundamentals of stocks that were out of favor. Bottom line, if the market doesn't like it, then it's = not going to perform up to expectations. And that's why looking at trailing PE ratios is a waste of time, they are merely history, no one is likely to react to them. On the other hand, forecasts / projected PE ratios can create a sense of expectation, hence drive the price to where the stock trades at a premium based on that expectation. Right now, with fears of recession, terrorism, economy weak and not recovering, corp profits very weak and may not recover as fast as expecte= d, the "M" is disconnected from its fundies. If the economic recovery, and thereby corp profits, do in fact improve long term, the day will come whe= n the expectations will shift from negative to positive, and the markets wi= ll start a new bull market. And that will be because sentiment (human psychology) shifts to bullish from bearish. - ----- Original Message ----- From: "Kelly Short" To: Sent: Tuesday, August 13, 2002 10:01 AM Subject: RE: Pearl of Wisdom (was [CANSLIM] CCR - I offer this up for dissection) Nancy, Believe me when I tell you that your words of thanks are misdirected! The true Pearls of Wisdom came from several group members- but none of them b= y the name of Kelly. I too was the recipient, not sender, of such wisdom. I believe Winston expelled most of these pearls and I too would like to kno= w where he would get such information to answer Question #4. So- not to pas= s the buck- but..... Winston???? Any other Pearls hiding beneath the shell? Katherine? Fred? Duke? Tom? The rest of the M.O.B. Squad? And Nancy- thank you for the praise! It felt great if only for a fleeting moment! Kelly - -----Original Message----- From: NANCY POLCARO [mailto:zillagirl@msn.com] Sent: Monday, August 12, 2002 6:57 PM To: canslim@lists.xmission.com Subject: Re: Pearl of Wisdom (was [CANSLIM] CCR - I offer this up for dissection) Kelly-catching up on myt mail also-I thought your presentation was really good-I wish I was that far right now. Can you tell me where you got your info? IBD? Daily Graphs? Other source? Thanks nancy >From: "Duke Miller" >Reply-To: canslim@lists.xmission.com >To: >Subject: Pearl of Wisdom (was [CANSLIM] CCR - I offer this up for >dissection) >Date: Sun, 11 Aug 2002 09:33:54 -0400 > >Winston, et al: > >I'm catching up with my backlog of CANSLIM list messages, and a thought >just occurred to me after reading Winston's reply to Kelly below. (Sans >header I would have surely assumed it was Katherine's response!) > >Your point #4 is a true Pearl of Wisdom--I.e., it provokes further >thought, and is what I call an "a-ha". The reason? How bombarded we >are with information and desktops riddled with shortcuts to investment >net "tools." But when it's all said and done--technicals, >fundamentals, charts, ratings, etc.--spending time in thought about how >will the rest of the market...react to the point or issue and how >soon--is what it's all about, isn't it? You can't measure it, you can >accurately predict it, can't touch it, can't feel it. But if the >response to that question is not, albeit in you gut, positive, you >shouldn't touch it, should you? > >Thank you for that. > >Duke > > > -----Original Message----- >From: owner-canslim@lists.xmission.com >[mailto:owner-canslim@lists.xmission.com] On Behalf Of Winston Little >Sent: Friday, August 09, 2002 12:15 PM >To: canslim@lists.xmission.com >Subject: Re: [CANSLIM] CCR - I offer this up for dissection > > > >Kelly: >My hope is that the note was of some help, but please keep the following >in mind: >1. The goal is neither to whip or throw you back into the pond. >2. ALWAYS QUESTION anything that is said or stated.... do you agree with >the point or issue stated or asked? >3. If you agree with the point, then is what is the significance of the >point or issue? The point may be true but of little value. >4. How will the rest of the market traders/investors/or others react to >the point or issue, and how soon? >Depending on the results of the evaluate the points above (or others), >you may then want to respond and show the other person a different >perspective. > > >----- Original Message ----- >From: Kelly Short >To: canslim@lists.xmission.com >Sent: Friday, August 09, 2002 11:22 AM >Subject: RE: [CANSLIM] CCR - I offer this up for dissection > >Winston, > >You give me new understanding of DD. After reading your email I whip >myself for not investigating further before posting. Back to the newbie >pond for me. I feel like those Snakehead fish in Maryland- so close to >making it from the pond to the big river, then the big bad human ("M") >comes and throws me back in the pond. Thanks for your observations- I'll >keep hacking away. > >Kelly > -----Original Message----- >From: Winston Little [mailto:wlittle1@peoplepc.com] >Sent: Thursday, August 08, 2002 4:31 PM >To: canslim@lists.xmission.com >Subject: Re: [CANSLIM] CCR - I offer this up for dissection > > > >Kelly: >A few comments: >1. Chart pattern: >If cup-with handle (start 27 May, end 01 Aug) then the shape is V-Cup >which is not ideal. >2. Handle is 2 days long (minimum desired is five days) on 03 and 05 >Aug. >3. Heavy volume in handle (again undesirable) >4. Breakout volume on 06 Aug was 166% of average daily =3D ok. >5. Debt to equity ratio =3D 4.3 This may be a bit high, as others in the >top five of the IBD group were at 0.98, 0.18 and 0.83. The one exception >was the government sponsored agency FRE (Freddie Mac) at 31. >6. Largest concern was roll off in revenue in Q2 of 2002 to $$998 >million, was $1233 in Q1, N/A in Q4 of 200, $1272 in Q3 of 2001, $1234 >in Q2 of 2001 etc. Surprisingly the eps reported in Q2 of 2002 was >highest at $1.48 up from $1.32 in Q1 of 2002. Does this imply there may >be a re-statement in the works as day of reckoning approaches for CEO >and CFO? >CCR is believed to be a sub-prime lender. Does this mean difficulty as >the slow economy persists and consumers start to run out of cash? > >----- Original Message ----- >From: Kelly Short >To: canslim@lists.xmission.com >Sent: Thursday, August 08, 2002 4:50 PM >Subject: [CANSLIM] CCR - I offer this up for dissection > >CCR - Countrywide Cr Inds Inc > >EPS growth could be better but are we more forgiving over the past 3 >qtrs (after all- CCR is positive EPS growth for past 3 qtrs which in >itself is an accomplishment)? Appears to be coming out of CWH formation >(all though not as beautiful a formation as the Mona Lisa or anything >IBD would show us). Thoughts? > > >IBD Ratings >Smart Select 99 >EPS Rating 94 >RPS 89 >Industry Group Rank A >S+P M+ROE A >A/D A+ > > >Technical Rating 98 >Fundamental Rating 96 >Attractiveness Rating 99 >Group's Technical Rating 79 >Group's Fundamental Rating 86 > > > >Rank within Industry Group >Industry Rank (08/08/02) 32 > >Overall 100 >Technical 100 >Fundamental 91 >Attriveness 100 >Top 5 Companies w/in Group > > > >CCR > > > >DORL > > > >NCEN > > > >NDE > > > >FRE >Group % Chg to Date 2% >Group % Chg Last 12 mths 4% >Group % Chg Last 4 weeks 4% > > >Performance > >Up/Down Vol 1.3 >3 Yr. EPS Growth 16% >3 Yr. Sales Growth 25% >EPS Growth (Quarterly) % Chg >Qtr -1 $0.64 5% >Qtr -2 $0.61 8% >Qtr -3 $0.56 5% >Qtr -4 $0.53 8% >Qtr -5 $0.49 0% >Qtr -6 $0.49 > >Revenue Growth >Qtr -1 293,159 3% >Qtr -2 285,799 1% >Qtr -3 283,199 1% >Qtr -4 281,332 3% >Qtr -5 272,860 0% >Qtr -6 272,489 > > _____ > >For your protection, this e-mail message has been scanned for viruses. > >Visit us at http://www.neoris.com/ > > _____ > > > > _________________________________________________________________ Join the world's largest e-mail service with MSN Hotmail. http://www.hotmail.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. _________________________________________________________________________= ___ For your protection, this e-mail message has been scanned for viruses. Visit us at http://www.neoris.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. - ------=_NextPart_001_0001_01C242F6.F4B536E0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Tom-thats the = thing I am learning-my exsperience is you get some great canslim stock, o= n several lists, in a good sector, under accumulation with all B's and A'= s and you look at it 3 months later and it is half of what it was 4 month= s ago and hasn't split.  That is what was so frustrating to me when = I first tried Canslim. At that time the market was up, but they all = dont make it -just the ones the buyers want to spend their money on. = ;It felt like I did the program and still blew it.  What I didn't co= nsider is what you just wrote. Hope you dont mind if I paste it to my com= puter.  Nancy
 
----- Original= Message -----
From: Tom Worley
Sent: Tuesday, August 13, 2002 7:25 AM
To: canslim@lists.xmission.com
Subject: Re: Pearl of Wisdom (was [CANSLIM] CCR = - - I offer this up for dissection)
 
Kelly, while the= market has always been one of the purest forms of supply
and demand d= ynamics, it is first and foremost controlled by human emotion.
Systems= such as CANSLIM introduce a certain degree of mechanical aspects,
but= our interpretation of what we see and hear, particularly with regard to<= BR>"M", remains very human, and emotional in our response.

If you = have never studied human psychology, then you should, especially Herd
= Mentality. It is routinely seen in the marketplace. I lost a lot of money=
arguing with the markets over the outstanding fundamentals of stocks = that
were out of favor. Bottom line, if the market doesn't like it, th= en it's not
going to perform up to expectations.

And that's why= looking at trailing PE ratios is a waste of time, they are
merely his= tory, no one is likely to react to them. On the other hand,
forecasts = / projected PE ratios can create a sense of expectation, hence
drive t= he price to where the stock trades at a premium based on that
expectat= ion.

Right now, with fears of recession, terrorism, economy weak a= nd not
recovering, corp profits very weak and may not recover as fast = as expected,
the "M" is disconnected from its fundies. If the economic= recovery, and
thereby corp profits, do in fact improve long term, the= day will come when
the expectations will shift from negative to posit= ive, and the markets will
start a new bull market. And that will be be= cause sentiment (human
psychology) shifts to bullish from bearish.
=
----- Original Message -----
From: "Kelly Short" <kelly.short@t= x.us.neoris.com>
To: <canslim@lists.xmission.com>
Sent: Tu= esday, August 13, 2002 10:01 AM
Subject: RE: Pearl of Wisdom (was [CAN= SLIM] CCR - I offer this up for
dissection)


Nancy,

B= elieve me when I tell you that your words of thanks are misdirected! The<= BR>true Pearls of Wisdom came from several group members- but none of the= m by
the name of Kelly. I too was the recipient, not sender, of such w= isdom. I
believe Winston expelled most of these pearls and I too would= like to know
where he would get such information to answer Question #= 4. So- not to pass
the buck- but..... Winston???? Any other Pearls hid= ing beneath the shell?
Katherine? Fred? Duke? Tom? The rest of the M.O= .B. Squad?

And Nancy- thank you for the praise! It felt great if o= nly for a fleeting
moment!

Kelly

-----Original Message--= - ---
From: NANCY POLCARO [mailto:zillagirl@msn.com]
Sent: Monday, Au= gust 12, 2002 6:57 PM
To: canslim@lists.xmission.com
Subject: Re: P= earl of Wisdom (was [CANSLIM] CCR - I offer this up for
dissection)

Kelly-catching up on myt mail also-I thought your presentation w= as really
good-I wish I was that far right now.  Can you tell me = where you got your
info? IBD? Daily Graphs?  Other source? Thanks= nancy


>From: "Duke Miller" <dukemill@tampabay.rr.com>= ;
>Reply-To: canslim@lists.xmission.com
>To: <canslim@list= s.xmission.com>
>Subject: Pearl of Wisdom (was [CANSLIM] CCR - I= offer this up for
>dissection)
>Date: Sun, 11 Aug 2002 09:33= :54 -0400
>
>Winston, et al:
>
>I'm catching up w= ith my backlog of CANSLIM list messages, and a thought
>just occurr= ed to me after reading Winston's reply to Kelly below.  (Sans
>= ;header I would have surely assumed it was Katherine's response!)
>=
>Your point #4 is a true Pearl of Wisdom--I.e., it provokes furthe= r
>thought, and is what I call an "a-ha".   The reason?&n= bsp; How bombarded we
>are with information and desktops riddled wi= th shortcuts to investment
>net "tools."   But when it's = all said and done--technicals,
>fundamentals, charts, ratings, etc.= - --spending time in thought about how
>will the rest of the market..= .react to the point or issue and how
>soon--is what it's all about,= isn't it?  You can't measure it, you can
>accurately predict = it, can't touch it, can't feel it.  But if the
>response to th= at question is not, albeit in you gut, positive, you
>shouldn't tou= ch it, should you?
>
>Thank you for that.
>
>Duke=
>
>
>  -----Original Message-----
>From: ow= ner-canslim@lists.xmission.com
>[mailto:owner-canslim@lists.xmissio= n.com] On Behalf Of Winston Little
>Sent: Friday, August 09, 2002 1= 2:15 PM
>To: canslim@lists.xmission.com
>Subject: Re: [CANSLI= M] CCR - I offer this up for dissection
>
>
>
>Ke= lly:
>My hope is that the note was of some help, but please keep th= e following
>in mind:
>1. The goal is neither to whip or thro= w you back into the pond.
>2. ALWAYS QUESTION anything that is said= or stated.... do you agree with
>the point or issue stated or aske= d?
>3. If you agree with the point, then is what is the significanc= e of the
>point or issue? The point may be true but of little value= .
>4. How will the rest of the market traders/investors/or others&n= bsp; react to
>the point or issue, and how soon?
>Depending o= n the results of  the evaluate the points above (or others),
>= you may then want to respond and show the other person a different
>= ;perspective.
>
>
>----- Original Message -----
>= From: Kelly Short <mailto:kelly.short@tx.us.neoris.com>
>To: = canslim@lists.xmission.com
>Sent: Friday, August 09, 2002 11:22 AM<= BR>>Subject: RE: [CANSLIM] CCR - I offer this up for dissection
>= ;
>Winston,
>
>You give me new understanding of DD. Aft= er reading your email I whip
>myself for not investigating further = before posting. Back to the newbie
>pond for me. I feel like those = Snakehead fish in Maryland- so close to
>making it from the pond to= the big river, then the big bad human ("M")
>comes and throws me b= ack in the pond. Thanks for your observations- I'll
>keep hacking a= way.
>
>Kelly
>  -----Original Message-----
>= ;From: Winston Little [mailto:wlittle1@peoplepc.com]
>Sent: Thursda= y, August 08, 2002 4:31 PM
>To: canslim@lists.xmission.com
>S= ubject: Re: [CANSLIM] CCR - I offer this up for dissection
>
>= ;
>
>Kelly:
>A few comments:
>1. Chart pattern:>If cup-with handle (start 27 May, end 01 Aug) then the shape is V-C= up
>which is not ideal.
>2. Handle is 2 days long (minimum de= sired is five days) on 03 and 05
>Aug.
>3. Heavy volume in ha= ndle (again undesirable)
>4. Breakout volume on 06 Aug was 166% of = average daily =3D ok.
>5. Debt to equity ratio =3D 4.3 This may be = a bit high, as others in the
>top five of the IBD group were at 0.9= 8, 0.18 and 0.83. The one exception
>was the government sponsored a= gency FRE (Freddie Mac) at 31.
>6. Largest concern was roll off in = revenue in Q2 of 2002 to $$998
>million, was $1233 in Q1, N/A in Q4= of 200, $1272 in Q3 of 2001, $1234
>in Q2 of 2001 etc.  Surpr= isingly the eps reported in Q2 of 2002 was
>highest at $1.48 up fro= m $1.32 in Q1 of 2002. Does this imply there may
>be a re-statement= in the works as day of reckoning approaches for CEO
>and CFO?
&= gt;CCR is believed to be a sub-prime lender. Does this mean difficulty as=
>the slow economy persists and consumers start to run out of cash?=
>
>----- Original Message -----
>From: Kelly Short <= ;mailto:kelly.short@tx.us.neoris.com>
>To: canslim@lists.xmissio= n.com
>Sent: Thursday, August 08, 2002 4:50 PM
>Subject: [CAN= SLIM] CCR - I offer this up for dissection
>
>CCR - Countrywi= de Cr Inds Inc
>
>EPS growth could be better but are we more = forgiving over the past 3
>qtrs (after all- CCR is positive EPS gro= wth for past 3 qtrs which in
>itself is an accomplishment)? Appears= to be coming out of CWH formation
>(all though not as beautiful a = formation as the Mona Lisa or anything
>IBD would show us). Thought= s?
>
>
>IBD Ratings
>Smart Select 99
>EPS R= ating 94
>RPS 89
>Industry Group Rank A
>S+P M+ROE A>A/D A+
>
>
>Technical Rating 98
>Fundamental= Rating 96
>Attractiveness Rating 99
>Group's Technical Ratin= g 79
>Group's Fundamental Rating 86
>
>
>
>= Rank within Industry Group
>Industry Rank (08/08/02) 32
>
= >Overall 100
>Technical 100
>Fundamental 91
>Attrive= ness 100
>Top 5 Companies w/in Group
>
>
>
>= ;CCR
>
>
>
>DORL
>
>
>
>N= CEN
>
>
>
>NDE
>
>
>
>FRE=
>Group % Chg to Date 2%
>Group % Chg Last 12 mths 4%
>= Group % Chg Last 4 weeks 4%
>
>
>Performance
>>Up/Down Vol 1.3
>3 Yr. EPS Growth 16%
>3 Yr. Sales Growt= h 25%
>EPS Growth (Quarterly) % Chg
>Qtr -1 $0.64 5%
>Q= tr -2 $0.61 8%
>Qtr -3 $0.56 5%
>Qtr -4 $0.53 8%
>Qtr -= 5 $0.49 0%
>Qtr -6 $0.49
>
>Revenue Growth
>Qtr -= 1 293,159 3%
>Qtr -2 285,799 1%
>Qtr -3 283,199 1%
>Qtr= -4 281,332 3%
>Qtr -5 272,860 0%
>Qtr -6 272,489
>
= >   _____
>
>For your protection, this e-mail me= ssage has been scanned for viruses.
>
>Visit us at http://www= .neoris.com/
>
>   _____
>
>
>>




________________________________________________= _________________
Join the world's largest e-mail service with MSN Hot= mail.
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-"unsubscribe canslim".  Do not use quotes in your em= ail.

_____________________________________________________________= _______________
For your protection, this e-mail message has been scan= ned for viruses.
Visit us at http://www.neoris.com/

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-In the email body= , write "subscribe canslim" or
-"unsubscribe canslim".  Do not us= e quotes in your email.




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-To subscribe/unsubscribe= , email "majordomo@xmission.com"
-In the email body, write "subscribe = canslim" or
-"unsubscribe canslim".  Do not use quotes in your em= ail.
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