From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #2885 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 Thursday, August 29 2002 Volume 02 : Number 2885 In this issue: Re: [CANSLIM] COCO RE: [CANSLIM] Shorting [CANSLIM] EPIQ RE: [CANSLIM] Insider Trades [CANSLIM] Intro: David Keller RE: [CANSLIM] Intro: David Keller FW: [CANSLIM] Commonly used references on the list ---------------------------------------------------------------------- Date: Thu, 29 Aug 2002 09:28:56 -0500 From: "Katherine Malm" Subject: Re: [CANSLIM] COCO Hi Mike, I'd also take a look at the charts of UOPX, APOL, CECO, EDMC, STRA and DV to help with your decision. Katherine - ----- Original Message ----- From: "Norman" To: Sent: Thursday, August 29, 2002 9:20 AM Subject: Re: [CANSLIM] COCO | Hi Mike, | | I too have been watching this one, for fun only. Didn't care for the "V" | cup but the action is interesting, and they reported well. Looks like it | has penetrated a significant resistance area around 34.5-35, on good vol. | If I was holding with 10% I wouldn't let go just yet because of that | penetration. It looks a little like an LLUR that was hit by the late July | sell-off that got 'bout everyone. If it resumes that trend then, just | eye-balling the chart, looks like about 37 is the near-term top of the | channel. | | My $0.02. Good luck with it. | | Norm | ----- Original Message ----- | From: | To: | Sent: Thursday, August 29, 2002 8:57 AM | Subject: [CANSLIM] COCO | | | > Hello group, | > | > Okay, so now I am watching COCO start to rise again, after I bought it a | > while back on what I thought was a breakout (on 6/24), and broke the 8% | > sale rule when it dropped like the rest of the market in July (I KNOW I | > KNOW, I NEED to follow the rules, no questions asked....but that is why I | > still consider myself a beginner!) | > | > Financial look strong, chart looks like it is breaking out of a newly | > formed cwh ( I KNOW I should have been out long before it went thru that | > correction), so what does everyone have to say? | > | > Right now I am up 10%. With M now looking like it may dip again, do I | lock | > in some if this type of profit, or check for the next few days to see if | > the new run is strong? | > | > Thanks in advance | > | > Mike | > | > | > | > 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 | > | > | > | > - | > -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: Thu, 29 Aug 2002 09:39:46 -0500 From: "Edward W. Gjertsen II" Subject: RE: [CANSLIM] Shorting This is a multi-part message in MIME format. - ------=_NextPart_000_0045_01C24F40.03301820 Content-Type: text/plain; charset="us-ascii" Content-Transfer-Encoding: 7bit Ian - the uptick, zero tick rule prevented you from going short. If the stock traded 29.25, 29.25, 29.30 you would have been able to short - where you get filled is another issue - could have been 29.25 or 29.30. Now if 29.30's trade after the 29.30 print - you would still be able to short since this was a zero tick after an up tick. Shorting is generally done into strength (not emotionally easy) not weakness. This is why many shorter term traders stick to the ETF's - no uptick rule and for the most part, lots of liquidity. I believe this is off the subject list so if you have further trading issues I can respond privately. Ed Gjertsen II ed@macktracks.com - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com] On Behalf Of Ian Sent: Wednesday, August 28, 2002 10:50 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] Shorting About 10 days ago, I put in a short sale order on a stock at market when I was getting a quote of $29.25 bid X $29.30 ask. I saw several trades go by at $29.25 after my order was entered - so I assumed I was filled at that price. But they dropped the price to fill me at $29. There were definitely no ticks below my fill price. I have seen this kind of thing happen a few times too. These kind of personal observations are why I assumed that there was no uptick rule on the NAZ (I've never seen this happen on the NYSE). Ian - ----- Original Message ----- From: Edward W. Gjertsen II To: canslim@lists.xmission.com Sent: Wednesday, August 28, 2002 6:59 AM Subject: [CANSLIM] Shorting The rule for shorting: NYSE, NASDAQ, AMEX - you can only short on an uptick or zero tick. The only issues you can short without this rule are the popular ETF's - QQQ, SPY, DIA, et al. This rule was implemented in 1938 to prevent "bear raids" from occurring. Ed Gjertsen II ed@macktracks.com - ------=_NextPart_000_0045_01C24F40.03301820 Content-Type: text/html; charset="us-ascii" Content-Transfer-Encoding: quoted-printable

Ian – the uptick, zero tick = rule prevented you from going short.  If the stock traded 29.25, 29.25, = 29.30 you would have been able to short – where you get filled is = another issue – could have been 29.25 or 29.30.  Now if 29.30’s trade = after the 29.30 print – you would still be able to short since this was = a zero tick after an up tick.  Shorting is generally done into strength = (not emotionally easy) not weakness.  This is why many shorter term = traders stick to the ETF’s – no uptick rule and for the most part, lots of liquidity.  I believe this is off the subject list so if you have = further trading issues I can respond privately.

 

Ed Gjertsen II

ed@macktracks.com

=

-----Original = Message-----
From: = owner-canslim@lists.xmission.com<= /span> [mailto:owner-canslim@lists.xmission.com] On Behalf Of Ian
Sent: Wednesday, August = 28, 2002 10:50 PM
To: canslim@lists.xmission.com<= /span>
Subject: Re: [CANSLIM] = Shorting

 

About 10 days ago, I put in a short sale = order on a stock at market when I was getting a quote of $29.25 bid X $29.30 ask. I = saw several trades go by at $29.25 after my order was entered - so I assumed = I was filled at that price. But they dropped the price to fill me at $29. = There were definitely no ticks below my fill price.

 

I have seen this kind of thing happen a few = times too.

 

These kind of personal observations are why I = assumed that there was no uptick rule on the NAZ (I've never seen this happen on = the NYSE).

 

Ian

 

 

----- Original Message = - -----

Sent: Wednesday, August 28, 2002 6:59 AM

Subject: [CANSLIM] Shorting

 

The = rule for shorting: NYSE, NASDAQ, AMEX – you can only short on an uptick or = zero tick.  The only issues you can short without this rule are the = popular ETF’s – QQQ, SPY, DIA, et al.   This rule was implemented in = 1938 to prevent “bear raids” from occurring.  =

 

Ed = Gjertsen II

ed@macktracks.com

=
- ------=_NextPart_000_0045_01C24F40.03301820-- - - - -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: Thu, 29 Aug 2002 10:16:07 -0500 From: "Norman" Subject: [CANSLIM] EPIQ Tom, Is there a handle forming on EPIQs erratic cup? Looks like the vol is low today; good for a handle. Also seems to have bumped up against a resistance level. Norm - - - -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: Thu, 29 Aug 2002 10:17:16 -0500 From: "Kelly Short" Subject: RE: [CANSLIM] Insider Trades This is a multi-part message in MIME format. - ------_=_NextPart_001_01C24F6F.28EB0925 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Katherine, =20 That's a pretty telling story right there! I would imagine the sharp = decline in June/July is not a result of the industry going bullish all = of a sudden after their huge selloff! =20 Kelly - -----Original Message----- From: Katherine Malm [mailto:kmalm@earthlink.net] Sent: Thursday, August 29, 2002 8:54 AM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] Insider Trades Here's one that caught my eye when reviewing the industry trends = recently: =20 http://insider.thomsonfn.com/tfn/insider.asp?imodule=3DindTearsheet = (tearsheet for Homebuilders) =20 Now *that's* some selling! =20 Katherine =20 =20 - ----- Original Message -----=20 From: David Taggart =20 To: canslim@lists.xmission.com=20 Sent: Thursday, August 29, 2002 8:17 AM Subject: RE: [CANSLIM] Insider Trades I dont use it enough but I keep reminding myself to study insider = buying/selling. As a general statement I agree on insider selling not = being to important and insider buying being quite useful. I have read = that in a few different books and interviews from people I pay attention = to like Marty Zweig and Norman Fosback who wrote Stock Market Logic. = But what I need to go research is the extremes of both. In Stock Market = Wizards by Schwager he interviews Ahmet H. Okumus who says he uses = insider buying/selling extensively talking about how regular insider = activity doesnt have much predictive power but he goes and looks at the = amount bought/sold compared to the insiders net worth and things like = that and judging by his trading results it must work. But for right now = I just do a cursory glance to see if they are buying or selling but dont = use it as key decision making tool. =20 David Taggart - -----Original Message----- From: owner-canslim@lists.xmission.com = [mailto:owner-canslim@lists.xmission.com]On Behalf Of Tom Worley Sent: Thursday, August 29, 2002 7:07 AM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] Insider Trades I have always ignored insider selling as "noise", since there are many = reasons behind it (buying a house, diversifying their finances, new car, = college tuition, options in the money and about to expire, etc.) that = have nothing to do with "M", their company, or anything else we could = care about. On the other hand, I know of only two good reasons for = insiders to be a buyer - hype the stock (build confidence), or to make = money (they see it as their best investment opportunity).=20 =20 On the other hand, I have found few insiders that really understand the = markets and how the investment community behaves. And insiders that have = sold are prohibited from buying new shares within 12 months, I think, so = they can't trade their company stock. =20 A parity ratio is indeed significant, especially given corporate = governance issues today, and the new rules on disclosure about to take = affect. But we also don't want bullish sentiment, we want everyone = scared of a total collapse!! With Martha Stewart now being sued by a = shareholder for selling her own company stock (presumably in = anticipation of it tanking eventually when her Imclone trade being = revealed, which both happened later), I also wonder how many insiders = may be deciding not to sell for fear of perception, especially if they = know there is anything questionable. =20 Oh, I am so cynical these days!!! Guess that's what happens when I get = stopped out on two stocks in just one day, and I don't normally even use = hard stops. =20 - ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Thursday, August 29, 2002 8:52 AM Subject: [CANSLIM] Insider Trades Hi All, =20 This excerpt is from John Mendelson's Weekly report (Schwab Capital = Markets). I thought it interesting from a CANSLIM point of view, as = insider trading patterns are one of the secondary indicators under = buying/selling strategies. As insiders will be required to report more = quickly, I wonder if this will create more "noise" or provide more = information when looking at the charts. Thought I'd also include a link = for my favorite insider tracking site: = http://insider.thomsonfn.com/tfn/insider.asp?linkcode=3D7rdcg6divt9fsuu5a= wkj. =20 - --Katherine =3D=3D=3D=3D=3D=3D=3D=3DMendelson Excerpt (highlighting is = mine)=3D=3D=3D=3D=3D=3D=3D=3D=3D Some recent market statistics look encouraging. Corporate executives = appear to be more optimistic on their own companies as the insider trading data for the week ended = August 16, 2002 showed a parity of sales to purchases (a ratio of 1.01), as opposed to the 4 to 1 ratio of = sales to purchases two months ago, according to Vickers Weekly Insider Report. Ratios close to 1 to 1 = between insider sales and purchases have been very unusual over the past thirty years with these events producing = a gain of about 30% in the popular market averages over the next year. An classic example of the insider = trading ratio dropping to around parity was the 1.18 reading for the week ended August 20, 1982, just after a = major bottom in the market. The recent August 16 ratio was three weeks after the July 24, 2002 low. Since most = corporate insiders acquire their stock in grants or by exercising options rather than by outright = purchases and because executives buy homes, educate children etc., selling normally outweighs buying. For years, I = have believed a ratio of less than 2 to 1 is a bullish sign....as noted above, the latest reading is 1.01 to 1. = This indicator may become even more=20 useful, as next month companies will be required to report insider = trades within two days of execution rather than the current regulation of reporting by the 10th of the month. _____ =20 For your protection, this e-mail message has been scanned for viruses.=20 Visit us at http://www.neoris.com/=20 _____ =20 - ------_=_NextPart_001_01C24F6F.28EB0925 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Katherine,
 
That's=20 a pretty telling story right there! I would imagine the sharp decline in = June/July is not a result of the industry going bullish all of a sudden = after=20 their huge selloff!
 
Kelly
-----Original Message-----
From: Katherine Malm=20 [mailto:kmalm@earthlink.net]
Sent: Thursday, August 29, 2002 = 8:54=20 AM
To: canslim@lists.xmission.com
Subject: Re: = [CANSLIM]=20 Insider Trades

Here's one that caught my eye when reviewing the industry trends=20 recently:
 
http://insider.thomsonfn.com/tfn/insider.asp?imodule=3DindTearsheet (tearsheet=20 for Homebuilders)
 
Now *that's* some selling!
 
Katherine
 
 
----- Original Message -----
From:=20 David Taggart
Sent: Thursday, August 29, = 2002 8:17=20 AM
Subject: RE: [CANSLIM] = Insider=20 Trades

I=20 dont use it enough but I keep reminding myself to study insider=20 buying/selling.  As a general statement I agree on insider = selling not=20 being to important and insider buying being quite useful.  I = have read=20 that in a few different books and interviews from people I pay = attention to=20 like Marty Zweig and Norman Fosback who wrote Stock Market = Logic.  But=20 what I need to go research is the extremes of both.  In Stock = Market=20 Wizards by Schwager he interviews Ahmet H. Okumus who says he uses insider=20 buying/selling  extensively talking about how regular insider = activity=20 doesnt have much predictive power but he goes and looks at the = amount=20 bought/sold compared to the insiders net worth and things like that = and=20 judging by his trading results it must work.  But for right now = I just=20 do a cursory glance to see if they are buying or selling but dont = use it as=20 key decision making tool.
 
David=20 Taggart
-----Original Message-----
From:=20 owner-canslim@lists.xmission.com=20 [mailto:owner-canslim@lists.xmission.com]On Behalf Of Tom=20 Worley
Sent: Thursday, August 29, 2002 7:07 = AM
To:=20 canslim@lists.xmission.com
Subject: Re: [CANSLIM] = Insider=20 Trades

I have always ignored insider selling as = "noise",=20 since there are many reasons behind it (buying a house, = diversifying their=20 finances, new car, college tuition, options in the money and about = to=20 expire, etc.) that have nothing to do with "M", their company, or = anything=20 else we could care about. On the other hand, I know of only two = good=20 reasons for insiders to be a buyer - hype the stock (build = confidence), or=20 to make money (they see it as their best investment=20 opportunity).
 
On the other hand, I have found few = insiders=20 that really understand the markets and how the investment = community=20 behaves. And insiders that have sold are prohibited from = buying new=20 shares within 12 months, I think, so they can't trade their = company=20 stock.
 
A parity ratio is indeed significant, = especially=20 given corporate governance issues today, and the new rules on = disclosure=20 about to take affect. But we also = don't want=20 bullish sentiment, we want everyone scared of a total collapse!! = With=20 Martha Stewart now being sued by a shareholder for selling her own = company=20 stock (presumably in anticipation of it tanking eventually when = her=20 Imclone trade being revealed, which both happened later), I also = wonder=20 how many insiders may be deciding not to sell for fear of = perception,=20 especially if they know there is anything = questionable.
 
Oh, I am so cynical these days!!! Guess = that's what=20 happens when I get stopped out on two stocks in just one day, and = I don't=20 normally even use hard stops.
 
----- Original Message -----
From: = Katherine=20 Malm
Sent: Thursday, August 29, 2002 8:52 AM
Subject: [CANSLIM] Insider Trades

Hi All,
 
This excerpt is from John Mendelson's Weekly report (Schwab = Capital=20 Markets). I thought it interesting from a CANSLIM point of view, = as=20 insider trading patterns are one of the secondary indicators = under=20 buying/selling strategies. As insiders will be required to report = more=20 quickly, I wonder if this will create more "noise" or provide more = information when looking at the charts. Thought I'd also include a = link=20 for my favorite insider tracking site: http://insider.thomsonfn.com/tfn/insider.asp?linkcode=3D7rdc= g6divt9fsuu5awkj.
 
--Katherine
=3D=3D=3D=3D=3D=3D=3D=3DMendelson Excerpt (highlighting is = mine)=3D=3D=3D=3D=3D=3D=3D=3D=3D

Some recent market statistics look encouraging. Corporate = executives=20 appear to be more optimistic

on their own companies as the insider trading data for the week = ended=20 August 16, 2002 showed a parity of

sales to purchases (a ratio of 1.01), as opposed to the 4 to 1 = ratio of=20 sales to purchases two months ago,

according to Vickers Weekly Insider Report. Ratios close to 1 = to 1=20 between insider sales and purchases have

been very unusual over the past thirty years with these events=20 producing a gain of about 30% in the popular

market averages over the next year. An classic example of the = insider=20 trading ratio dropping to around parity

was the 1.18 reading for the week ended August 20, 1982, just = after a=20 major bottom in the market. The recent

August 16 ratio was three weeks after the July 24, 2002 low. = Since most=20 corporate insiders acquire their

stock in grants or by exercising options rather than by = outright=20 purchases and because executives buy homes,

educate children etc., selling normally outweighs buying. For = years, I=20 have believed a ratio of less than 2 to 1

is a bullish sign....as noted above, the latest reading is 1.01 = to 1.=20 This indicator may become even more

useful, as next month companies will = be=20 required to report insider trades within two days of execution=20 rather

than the current regulation of = reporting by the=20 10th of the month.

For your protection, this e-mail message has been scanned for viruses. =

Visit us at http://www.neoris.com/=20

- ------_=_NextPart_001_01C24F6F.28EB0925-- - - - -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: Thu, 29 Aug 2002 16:08:55 -0400 (EDT) From: "DAVID KELLER, BLOOMBERG/ 499 PARK" Subject: [CANSLIM] Intro: David Keller Hello everyone. My name's Dave Keller- my wife and I live and work in Manhattan. I'm a technical analysis specialist with Bloomberg LP. Very interested in CANSLIM as an investment philosophy. Happy to be in the group. David C. Keller Product Training Specialist Bloomberg LP - - - -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: Thu, 29 Aug 2002 14:12:11 -0600 From: "David Taggart" Subject: RE: [CANSLIM] Intro: David Keller Welcome to the list David. I am a long time fan of Bloomberg LP and all of its products. David Taggart - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of DAVID KELLER, BLOOMBERG/ 499 PARK Sent: Thursday, August 29, 2002 2:09 PM To: CANSLIM@lists.xmission.com Subject: [CANSLIM] Intro: David Keller Hello everyone. My name's Dave Keller- my wife and I live and work in Manhattan. I'm a technical analysis specialist with Bloomberg LP. Very interested in CANSLIM as an investment philosophy. Happy to be in the group. David C. Keller Product Training Specialist Bloomberg LP - - - -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: Thu, 29 Aug 2002 14:19:31 -0600 From: "David Taggart" Subject: FW: [CANSLIM] Commonly used references on the list This is a multi-part message in MIME format. - ------=_NextPart_000_001E_01C24F67.1741F6E0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: 7bit Here is a useful list for people new to the list - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Katherine Malm Sent: Wednesday, May 01, 2002 8:33 PM To: canslim@lists.xmission.com Subject: [CANSLIM] Commonly used references on the list Commonly used abbreviations: WON = William O'Neil, originator of CANSLIM HTMMIS = "How to Make Money in Stocks" by William J. O'Neil IBD = Investors Business Daily (www.investors.com) BO or B/O = Breakout MA = Moving Average dMA = days Moving Average VR = Virtual Reality fund M = Market ( the "M" in CANSLIM) N = New (the "N" in CANSLIM) LOL = Laughing Out Loud DD= Due Diligence IBD/CANSLIM Proprietary Rankings: GRS = Group Relative Strength RS = Relative Strength EPS = Earnings per Share Rank SMR = Sales/Margins/ROE A/D = Accumulation/Distribution Accounting/Finance Abbreviations: BS or B/S = Balance Sheet IS or I/S = Income Statement cflo = Cash Flow Pro Forma earnings = http://www.sec.gov/investor/pubs/proforma12-4.htm D/E = Debt to Equity PE or P/E = Price to Earnings ratio Commonly discussed technical patterns: LLUR = Lower Left Upper Right -- essentially a stock in an uptrend that moves within a tight channel (this is *not* a base) A Base = Ascending Base C&H or CwH = Cup and Handle HTF = High Tight Flag Flat Base Double Bottoms Commonly discussed software/tools: DGO= DailyGraphs Online ( www.dailygraphs.com) QP2 = Quotes Plus (www.qp2.com) HGSI = High Growth Stock Investing (www.highgrowthstock.com) TC2000 = Worden Brothers TC2000 technical analysis software (http://www.tc2000.com) VV= VectorVest (www.vectorvest.com) Favorite free sites for stock scanning: http://moneycentral.msn.com/investor/finder/predefstocks.asp Favorite free sites for charting: www.stockcharts.com www.bigcharts.com http://www.moneycentral.msn.com/investor/charts/charting.asp?Symbol=csco Favorite free sites for due diligence: Company's web site http://biz.yahoo.com/p/c/csco.html - ------=_NextPart_000_001E_01C24F67.1741F6E0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Here=20 is a useful list for people new to the list
-----Original Message-----
From:=20 owner-canslim@lists.xmission.com = [mailto:owner-canslim@lists.xmission.com]On=20 Behalf Of Katherine Malm
Sent: Wednesday, May 01, 2002 = 8:33=20 PM
To: canslim@lists.xmission.com
Subject: [CANSLIM] = Commonly used references on the list

Commonly used abbreviations:
WON =3D William O'Neil, originator of CANSLIM
HTMMIS =3D "How to Make Money in Stocks" by William J. O'Neil
IBD =3D Investors Business Daily  (www.investors.com)
BO or B/O =3D Breakout
MA =3D Moving Average
dMA =3D days Moving Average
VR =3D Virtual Reality fund
M =3D Market ( the "M" in CANSLIM)
N =3D New (the "N" in CANSLIM)
LOL =3D Laughing Out Loud
DD=3D Due Diligence
 
IBD/CANSLIM Proprietary Rankings:
GRS =3D Group Relative Strength
RS =3D Relative Strength
EPS =3D Earnings per Share Rank
SMR =3D Sales/Margins/ROE
A/D =3D Accumulation/Distribution
 
Accounting/Finance Abbreviations:
BS or B/S =3D Balance Sheet
IS or I/S =3D Income Statement
cflo =3D Cash Flow
Pro Forma earnings =3D http://www.sec= .gov/investor/pubs/proforma12-4.htm
D/E =3D Debt to Equity
PE or P/E =3D Price to Earnings ratio
 
Commonly discussed technical patterns:
LLUR =3D Lower Left Upper Right -- essentially a stock in an = uptrend=20 that moves within a tight channel (this is *not* a base)
A Base =3D Ascending Base
C&H or CwH =3D Cup and Handle
HTF =3D High Tight Flag
Flat Base
Double Bottoms
 
Commonly discussed software/tools:
DGO=3D DailyGraphs Online  ( www.dailygraphs.com)
QP2 =3D Quotes Plus (www.qp2.com)
HGSI =3D High Growth Stock Investing (www.highgrowthstock.com)
TC2000 =3D  Worden Brothers TC2000 technical analysis software = (http://www.tc2000.com)
VV=3D VectorVest (www.vectorvest.com)
 
Favorite free sites for stock scanning:
htt= p://moneycentral.msn.com/investor/finder/predefstocks.asp
 
Favorite free sites for charting:
http://www.moneycentral.msn.com/investor/charts/charting.asp?S= ymbol=3Dcsco
 
Favorite free sites for due diligence:
Company's web site
http://biz.yahoo.com/p/c/csco= .html
- ------=_NextPart_000_001E_01C24F67.1741F6E0-- - - - -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 #2885 ****************************** 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.