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Subject: canslim-digest V2 #2951
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canslim-digest       Monday, September 23 2002       Volume 02 : Number 2951



In this issue:

       Re: [CANSLIM] Is the board up
       Re: [CANSLIM] Is the board up
       [CANSLIM] test - disregard
       [CANSLIM] CANSLIM Hunting List 09/20/02
       [CANSLIM] IBD Article on IGT
       [CANSLIM] "M"
       Re: [CANSLIM] IBD Article on IGT
       Re: [CANSLIM] IBD Article on IGT
       Re: [CANSLIM] "M"
       Re: [CANSLIM] CANSLIM Hunting List 09/20/02

----------------------------------------------------------------------

Date: Sun, 22 Sep 2002 22:23:51 -0400
From: "Tom Worley" <stkguru@bellsouth.net>
Subject: Re: [CANSLIM] Is the board up

it's working, Charles, just no one posting anything.

- ----- Original Message ----- 
From: "charles wilfong" <10charles@email.msn.com>
To: <canslim@lists.xmission.com>
Sent: Sunday, September 22, 2002 10:15 PM
Subject: [CANSLIM] Is the board up


Is the board up. I have not been receiving messages since this one.

- ---- Original Message ----- 
From: "James Bond" <james_bond_3rd@yahoo.com>
To: <canslim@lists.xmission.com>
Sent: Saturday, September 21, 2002 10:19 PM
Subject: shorting: was RE: [CANSLIM] COCO



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------------------------------

Date: Sun, 22 Sep 2002 21:28:24 -0500
From: "Norman" <theboyd@tisd.net>
Subject: Re: [CANSLIM] Is the board up

I think there is an inverse relationship between the traffic in this forum
and how well the M is doing<G>
Yet another psychological indicator.

Norm
- ----- Original Message -----
From: "charles wilfong" <10charles@email.msn.com>
To: <canslim@lists.xmission.com>
Sent: Sunday, September 22, 2002 9:15 PM
Subject: [CANSLIM] Is the board up


> Is the board up. I have not been receiving messages since this one.
>
> ---- Original Message -----
> From: "James Bond" <james_bond_3rd@yahoo.com>
> To: <canslim@lists.xmission.com>
> Sent: Saturday, September 21, 2002 10:19 PM
> Subject: shorting: was RE: [CANSLIM] COCO
>
>
> > It's interesting that a group focusing on the
> > relatively conservative method of CANSLIM has started
> > to discuss short strategies. Is it a sign that we're
> > close to a bottom?
> >
> > My 2 cents on shorting: 1. Shorting is hard; 2.
> > Shorting is harder in the third year of a bear market;
> > 3. Shorting is even harder when short interest is
> > approaching the highest level in 5 years. I have
> > shorted a few stocks with some success last year. This
> > year I had much less success and was so frustrated I
> > have not shorted anything since June.
> >
> > Yes, the inverse of CANSLIM would be a good starting
> > point for considering a short - but only a starting
> > point. A successful short requires perfect timing,
> > because the stock market is designed against short
> > sellers. Not only one needs to catch the correct entry
> > point, it also has to be entered during an uptick. The
> > problem is, using the inverse CANSLIM type pivot point
> > will never allow an entry because stocks will crash
> > through the "pivot point" without generating an
> > uptick. And those do generate upticks close to ideal
> > entry points are usually the wrong stocks to short.
> >
> > For me, best short candidates are very different than
> > the reverse of long candidates. The safest shorts are
> > the climax runs (I haven't seen these in a long time).
> > In those cases the day of the top usually jumps out in
> > the chart. The reverse situation, a climax selloff
> > bottom, is very very hard to determine. The second
> > safest shorts are failed breakouts. These are not
> > inverted CwH's but the normal CwH's with broken
> > handles or failed to hold new highs after BO. Shorting
> > off continuation patterns such as inverted CwH
> > patterns requires a lot of skill.
> >
> > __________________________________________________
> > Do you Yahoo!?
> > New DSL Internet Access from SBC & Yahoo!
> > http://sbc.yahoo.com
> >
> > -
> > -To subscribe/unsubscribe, email "majordomo@xmission.com"
> > -In the email body, write "subscribe canslim" or
> > -"unsubscribe canslim".  Do not use quotes in your email.
> >
>
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>
>


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------------------------------

Date: Mon, 23 Sep 2002 06:41:29 -0400
From: "Tom Worley" <stkguru@bellsouth.net>
Subject: [CANSLIM] test - disregard

Tom Worley
stkguru@bellsouth.net
AIM: TexWorley


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------------------------------

Date: Mon, 23 Sep 2002 10:10:46 -0500
From: "Katherine Malm" <kmalm@earthlink.net>
Subject: [CANSLIM] CANSLIM Hunting List 09/20/02

This is a multi-part message in MIME format.

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Hi All,

I've uploaded the latest CANSLIM Hunting list to:

http://WallStreet-LLC.com/canslim/CANSLIMHunting092002.xls ( a bit slow =
to load)
http://WallStreet-LLC.com/canslim/CANSLIMHunting092002.zip ( a zipped =
version for download)

In order to make it to the list, the stock had to have a forward growth =
rate of at least 15%, Price at least 6, Avg Daily Vol at least 30K, RS =
at least 60, no more than 15% below the 50 day SMA, and at or above the =
200 day SMA. This is what I consider to be "bare bones" requirements for =
CANSLIM quality stocks.Other information included is industry name =
(slightly different than DGO's names, but close enough!), price, avg =
vol, and  links to graphs and due diligence sites on the internet. If =
you'd like to look at last month's hunting list, you will find it at:

http://WallStreet-LLC.com/canslim/CANSLIMHunting082302.xls or
http://WallStreet-LLC.com/canslim/CANSLIMHunting082302.zip

This month there are 332 names, down 127 names from the list I posted =
last month. The decrease certainly reflects the failed rally which =
posted the final distribution day in early September, shortly after I =
posted the previous list. This month, 187 names fell from the list, 61 =
new names came on board and 287 names are repeats. Though the list of =
candidates tends to rotate, you have to be ready for any intermediate =
term rally in order to make money on the long side. Who knows? One day =
the Bear might actually be over and that short Bear rally might just =
turn into a sustainable intermediate term move. If the market pulls a =
long sideways as I've always believed it will (as in '65-'80), you'll =
need to be well practiced at taking advantage of shorter rallies from a =
list of rotating candidates.

Happy Hunting,
Katherine

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<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN">
<HTML><HEAD>
<META http-equiv=3DContent-Type content=3D"text/html; =
charset=3Diso-8859-1">
<META content=3D"MSHTML 6.00.2719.2200" name=3DGENERATOR>
<STYLE></STYLE>
</HEAD>
<BODY bgColor=3D#ffffff>
<DIV>Hi All,</DIV>
<DIV>&nbsp;</DIV>
<DIV>I've uploaded the latest CANSLIM Hunting list to:</DIV>
<DIV>&nbsp;</DIV>
<DIV><A=20
href=3D"http://WallStreet-LLC.com/canslim/CANSLIMHunting092002.xls">http:=
//WallStreet-LLC.com/canslim/CANSLIMHunting092002.xls</A>=20
( a bit slow to load)</DIV>
<DIV><A=20
href=3D"http://WallStreet-LLC.com/canslim/CANSLIMHunting092002.zip">http:=
//WallStreet-LLC.com/canslim/CANSLIMHunting092002.zip</A>&nbsp;(=20
a zipped version for download)</DIV>
<DIV>&nbsp;</DIV>
<DIV>
<DIV>In order to make it to the list, the stock had to have a forward =
growth=20
rate of at least 15%, Price at least 6, Avg Daily Vol at least 30K, RS =
at least=20
60, no more than 15% below the 50 day SMA, and at or above the 200 day =
SMA. This=20
is what I consider to be "bare bones" requirements for CANSLIM quality=20
stocks.Other information included is industry name (slightly different =
than=20
DGO's names, but close enough!), price, avg vol, and &nbsp;links to =
graphs and=20
due diligence sites on the internet. If you'd like to look at last =
month's=20
hunting list, you will find it at:</DIV>
<DIV>&nbsp;</DIV>
<DIV><A=20
href=3D"http://WallStreet-LLC.com/canslim/CANSLIMHunting082302.xls">http:=
//WallStreet-LLC.com/canslim/CANSLIMHunting082302.xls</A>&nbsp;or</DIV>
<DIV><A=20
href=3D"http://WallStreet-LLC.com/canslim/CANSLIMHunting082302.zip">http:=
//WallStreet-LLC.com/canslim/CANSLIMHunting082302.zip</A></DIV>
<DIV>&nbsp;</DIV>
<DIV>This month there are 332 names, down 127 names from the list I =
posted last=20
month. The decrease certainly reflects the failed rally which posted the =
final=20
distribution day in early September, shortly after I posted the previous =
list.=20
This month, 187 names fell from the list, 61 new names came on board and =
287=20
names are repeats. Though the list of candidates tends to rotate, you =
have to be=20
ready for any intermediate term rally in order to make money on the long =
side.=20
Who knows? One day the Bear might actually be over and that short Bear =
rally=20
might just turn into a sustainable intermediate term move. If the market =
pulls a=20
long sideways as I've always believed it will (as in '65-'80), you'll =
need to be=20
well practiced at taking advantage of shorter rallies from a list of =
rotating=20
candidates.</DIV></DIV>
<DIV>&nbsp;</DIV>
<DIV>Happy Hunting,</DIV>
<DIV>Katherine</DIV></BODY></HTML>

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------------------------------

Date: Sun, 22 Sep 2002 14:09:42 -0700
From: "Chris Mc" <mcjass@charter.net>
Subject: [CANSLIM] IBD Article on IGT

This is a multi-part message in MIME format.

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Hello to All.

Can someone take a look at IGT's chart.  Just trying to interpret =
article in IBD on 9/11 re: IGT "clearing a base started in late =
December" and "bursting out of an 8 l/2 month base" - "volume finishing =
50% above its 50 day average" to close at $68.32...

In order to CLEAR a base, wouldn't price have to exceed $71.95 which was =
high on 12/27/01? =20

Thanks to all

Chris Mc

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<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN">
<HTML><HEAD>
<META http-equiv=3DContent-Type content=3D"text/html; =
charset=3Diso-8859-1">
<META content=3D"MSHTML 6.00.2600.0" name=3DGENERATOR>
<STYLE></STYLE>
</HEAD>
<BODY bgColor=3D#ffffff>
<DIV><FONT face=3D"Lucida Sans Unicode" size=3D2>Hello to =
All.</FONT></DIV>
<DIV><FONT face=3D"Lucida Sans Unicode" size=3D2></FONT>&nbsp;</DIV>
<DIV><FONT face=3D"Lucida Sans Unicode" size=3D2>Can someone take a look =
at IGT's=20
chart.&nbsp; Just trying to interpret article in IBD on 9/11 re: IGT =
"clearing a=20
base started in late December" and "bursting out of an 8 l/2 month base" =
- -=20
"volume finishing 50% above its 50 day average" to close at=20
$68.32...</FONT></DIV>
<DIV><FONT face=3D"Lucida Sans Unicode" size=3D2></FONT>&nbsp;</DIV>
<DIV><FONT face=3D"Lucida Sans Unicode" size=3D2>In order to CLEAR a =
base, wouldn't=20
price have to exceed $71.95 which was high on =
12/27/01?&nbsp;&nbsp;</FONT></DIV>
<DIV><FONT face=3D"Lucida Sans Unicode" size=3D2></FONT>&nbsp;</DIV>
<DIV><FONT face=3D"Lucida Sans Unicode" size=3D2>Thanks to =
all</FONT></DIV>
<DIV><FONT face=3D"Lucida Sans Unicode" size=3D2></FONT>&nbsp;</DIV>
<DIV><FONT face=3D"Lucida Sans Unicode" size=3D2>Chris =
Mc</FONT></DIV></BODY></HTML>

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------------------------------

Date: Mon, 23 Sep 2002 20:42:20 -0400
From: "Tom Worley" <stkguru@bellsouth.net>
Subject: [CANSLIM] "M"

Well, NASDOG, I mean NASDAQ, managed to do it. Not only traded to a new low
under the one set 8/5/02, it also managed to close nearly at the low of the
day. It had company, tho, with the Naz 100 doing the same thing. The Russell
2000 didn't quite beat its 7/24 low on an intraday basis, but sure managed
to take it out on a closing price basis. The rest of the major indexes look
like they need a few more days of catch up, but are headed in the same
direction. Will be interesting to see what the Feds say tomorrow.

Tom Worley
stkguru@bellsouth.net
AIM: TexWorley



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------------------------------

Date: Mon, 23 Sep 2002 20:49:48 -0400
From: "Tom Worley" <stkguru@bellsouth.net>
Subject: Re: [CANSLIM] IBD Article on IGT

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Chris, just a guess on my part, but looks to me like the "base" they are =
referring to is a volatile c&h, and they are using the flat line base =
that ran from 1/1/02 to 1/24/02 to establish a pivot point, rather the =
the high that immediately preceded the flat line base.

I am a little surprised they would get excited about volume 150% of ADV, =
rather than at least 200%, and in this "M" want more like 300 or 400%.

Because of the time that has already passed, I might have also =
disregarded the high set 12/27/01.

- ----- Original Message -----=20
From: Chris Mc=20
To: canslim@lists.xmission.com=20
Sent: Sunday, September 22, 2002 5:09 PM
Subject: [CANSLIM] IBD Article on IGT


Hello to All.

Can someone take a look at IGT's chart.  Just trying to interpret =
article in IBD on 9/11 re: IGT "clearing a base started in late =
December" and "bursting out of an 8 l/2 month base" - "volume finishing =
50% above its 50 day average" to close at $68.32...

In order to CLEAR a base, wouldn't price have to exceed $71.95 which was =
high on 12/27/01? =20

Thanks to all

Chris Mc
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<HTML><HEAD>
<META http-equiv=3DContent-Type content=3D"text/html; =
charset=3Diso-8859-1">
<META content=3D"MSHTML 6.00.2800.1106" name=3DGENERATOR>
<STYLE></STYLE>
</HEAD>
<BODY bgColor=3D#ffffff>
<DIV><FONT face=3DArial>Chris, just a guess on my part, but looks to me =
like the=20
"base" they are referring to is a volatile c&amp;h, and they are using =
the flat=20
line base that ran from 1/1/02 to 1/24/02 to establish a pivot point, =
rather the=20
the high that immediately preceded the flat line base.</FONT></DIV>
<DIV><FONT face=3DArial></FONT>&nbsp;</DIV>
<DIV><FONT face=3DArial>I am a little surprised they would get excited =
about=20
volume 150% of ADV, rather than at least 200%, and in this "M" want more =
like=20
300 or 400%.</FONT></DIV>
<DIV><FONT face=3DArial></FONT>&nbsp;</DIV>
<DIV><FONT face=3DArial>Because of the time that has already passed, I =
might have=20
also disregarded the high set 12/27/01.</FONT></DIV>
<DIV><FONT face=3DArial></FONT>&nbsp;</DIV>
<DIV style=3D"FONT: 10pt arial">----- Original Message -----=20
<DIV style=3D"BACKGROUND: #e4e4e4; font-color: black"><B>From:</B> <A=20
title=3Dmcjass@charter.net href=3D"mailto:mcjass@charter.net">Chris =
Mc</A> </DIV>
<DIV><B>To:</B> <A title=3Dcanslim@lists.xmission.com=20
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
 </DIV>
<DIV><B>Sent:</B> Sunday, September 22, 2002 5:09 PM</DIV>
<DIV><B>Subject:</B> [CANSLIM] IBD Article on IGT</DIV></DIV>
<DIV><BR></DIV>
<DIV><FONT face=3D"Lucida Sans Unicode" size=3D2>Hello to =
All.</FONT></DIV>
<DIV><FONT face=3D"Lucida Sans Unicode" size=3D2></FONT>&nbsp;</DIV>
<DIV><FONT face=3D"Lucida Sans Unicode" size=3D2>Can someone take a look =
at IGT's=20
chart.&nbsp; Just trying to interpret article in IBD on 9/11 re: IGT =
"clearing a=20
base started in late December" and "bursting out of an 8 l/2 month base" =
- -=20
"volume finishing 50% above its 50 day average" to close at=20
$68.32...</FONT></DIV>
<DIV><FONT face=3D"Lucida Sans Unicode" size=3D2></FONT>&nbsp;</DIV>
<DIV><FONT face=3D"Lucida Sans Unicode" size=3D2>In order to CLEAR a =
base, wouldn't=20
price have to exceed $71.95 which was high on =
12/27/01?&nbsp;&nbsp;</FONT></DIV>
<DIV><FONT face=3D"Lucida Sans Unicode" size=3D2></FONT>&nbsp;</DIV>
<DIV><FONT face=3D"Lucida Sans Unicode" size=3D2>Thanks to =
all</FONT></DIV>
<DIV><FONT face=3D"Lucida Sans Unicode" size=3D2></FONT>&nbsp;</DIV>
<DIV><FONT face=3D"Lucida Sans Unicode" size=3D2>Chris =
Mc</FONT></DIV></BODY></HTML>

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------------------------------

Date: Mon, 23 Sep 2002 18:31:00 -0700
From: "Chris Mc" <mcjass@charter.net>
Subject: Re: [CANSLIM] IBD Article on IGT

This is a multi-part message in MIME format.

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Thanks Tom - I see the point you are making. =20


Chris Mc
  ----- Original Message -----=20
  From: Tom Worley=20
  To: canslim@lists.xmission.com=20
  Sent: Monday, September 23, 2002 5:49 PM
  Subject: Re: [CANSLIM] IBD Article on IGT


  Chris, just a guess on my part, but looks to me like the "base" they =
are referring to is a volatile c&h, and they are using the flat line =
base that ran from 1/1/02 to 1/24/02 to establish a pivot point, rather =
the the high that immediately preceded the flat line base.

  I am a little surprised they would get excited about volume 150% of =
ADV, rather than at least 200%, and in this "M" want more like 300 or =
400%.

  Because of the time that has already passed, I might have also =
disregarded the high set 12/27/01.

  ----- Original Message -----=20
  From: Chris Mc=20
  To: canslim@lists.xmission.com=20
  Sent: Sunday, September 22, 2002 5:09 PM
  Subject: [CANSLIM] IBD Article on IGT


  Hello to All.

  Can someone take a look at IGT's chart.  Just trying to interpret =
article in IBD on 9/11 re: IGT "clearing a base started in late =
December" and "bursting out of an 8 l/2 month base" - "volume finishing =
50% above its 50 day average" to close at $68.32...

  In order to CLEAR a base, wouldn't price have to exceed $71.95 which =
was high on 12/27/01? =20

  Thanks to all

  Chris Mc

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<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN">
<HTML><HEAD>
<META http-equiv=3DContent-Type content=3D"text/html; =
charset=3Diso-8859-1">
<META content=3D"MSHTML 6.00.2600.0" name=3DGENERATOR>
<STYLE></STYLE>
</HEAD>
<BODY bgColor=3D#ffffff>
<DIV><FONT face=3D"Lucida Sans Unicode" size=3D2>Thanks Tom - I see the =
point you=20
are making.&nbsp; </FONT></DIV>
<DIV><FONT face=3D"Lucida Sans Unicode" size=3D2></FONT>&nbsp;</DIV>
<DIV><FONT face=3D"Lucida Sans Unicode" size=3D2></FONT>&nbsp;</DIV>
<DIV><FONT face=3D"Lucida Sans Unicode" size=3D2>Chris Mc</FONT></DIV>
<BLOCKQUOTE dir=3Dltr=20
style=3D"PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; =
BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
  <DIV style=3D"FONT: 10pt arial">----- Original Message ----- </DIV>
  <DIV=20
  style=3D"BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: =
black"><B>From:</B>=20
  <A title=3Dstkguru@bellsouth.net =
href=3D"mailto:stkguru@bellsouth.net">Tom=20
  Worley</A> </DIV>
  <DIV style=3D"FONT: 10pt arial"><B>To:</B> <A =
title=3Dcanslim@lists.xmission.com=20
  =
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
 </DIV>
  <DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Monday, September 23, =
2002 5:49=20
  PM</DIV>
  <DIV style=3D"FONT: 10pt arial"><B>Subject:</B> Re: [CANSLIM] IBD =
Article on=20
  IGT</DIV>
  <DIV><BR></DIV>
  <DIV><FONT face=3DArial>Chris, just a guess on my part, but looks to =
me like the=20
  "base" they are referring to is a volatile c&amp;h, and they are using =
the=20
  flat line base that ran from 1/1/02 to 1/24/02 to establish a pivot =
point,=20
  rather the the high that immediately preceded the flat line =
base.</FONT></DIV>
  <DIV><FONT face=3DArial></FONT>&nbsp;</DIV>
  <DIV><FONT face=3DArial>I am a little surprised they would get excited =
about=20
  volume 150% of ADV, rather than at least 200%, and in this "M" want =
more like=20
  300 or 400%.</FONT></DIV>
  <DIV><FONT face=3DArial></FONT>&nbsp;</DIV>
  <DIV><FONT face=3DArial>Because of the time that has already passed, I =
might=20
  have also disregarded the high set 12/27/01.</FONT></DIV>
  <DIV><FONT face=3DArial></FONT>&nbsp;</DIV>
  <DIV style=3D"FONT: 10pt arial">----- Original Message -----=20
  <DIV style=3D"BACKGROUND: #e4e4e4; font-color: black"><B>From:</B> <A=20
  title=3Dmcjass@charter.net href=3D"mailto:mcjass@charter.net">Chris =
Mc</A> </DIV>
  <DIV><B>To:</B> <A title=3Dcanslim@lists.xmission.com=20
  =
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
 </DIV>
  <DIV><B>Sent:</B> Sunday, September 22, 2002 5:09 PM</DIV>
  <DIV><B>Subject:</B> [CANSLIM] IBD Article on IGT</DIV></DIV>
  <DIV><BR></DIV>
  <DIV><FONT face=3D"Lucida Sans Unicode" size=3D2>Hello to =
All.</FONT></DIV>
  <DIV><FONT face=3D"Lucida Sans Unicode" size=3D2></FONT>&nbsp;</DIV>
  <DIV><FONT face=3D"Lucida Sans Unicode" size=3D2>Can someone take a =
look at IGT's=20
  chart.&nbsp; Just trying to interpret article in IBD on 9/11 re: IGT =
"clearing=20
  a base started in late December" and "bursting out of an 8 l/2 month =
base" -=20
  "volume finishing 50% above its 50 day average" to close at=20
  $68.32...</FONT></DIV>
  <DIV><FONT face=3D"Lucida Sans Unicode" size=3D2></FONT>&nbsp;</DIV>
  <DIV><FONT face=3D"Lucida Sans Unicode" size=3D2>In order to CLEAR a =
base,=20
  wouldn't price have to exceed $71.95 which was high on=20
  12/27/01?&nbsp;&nbsp;</FONT></DIV>
  <DIV><FONT face=3D"Lucida Sans Unicode" size=3D2></FONT>&nbsp;</DIV>
  <DIV><FONT face=3D"Lucida Sans Unicode" size=3D2>Thanks to =
all</FONT></DIV>
  <DIV><FONT face=3D"Lucida Sans Unicode" size=3D2></FONT>&nbsp;</DIV>
  <DIV><FONT face=3D"Lucida Sans Unicode" size=3D2>Chris=20
Mc</FONT></DIV></BLOCKQUOTE></BODY></HTML>

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Date: Mon, 23 Sep 2002 21:49:38 -0400
From: "Dan Forant" <dforant1@nycap.rr.com>
Subject: Re: [CANSLIM] "M"

The Feds will say gobblygook, and no rate cut. They will need space to cut
if things really get nasty. This M=shorters paradise, shorts or puts.

DanF
- ----- Original Message -----
From: "Tom Worley" <stkguru@bellsouth.net>
To: "CANSLIM" <canslim@lists.xmission.com>
Sent: Monday, September 23, 2002 8:42 PM
Subject: [CANSLIM] "M"


> Well, NASDOG, I mean NASDAQ, managed to do it. Not only traded to a new
low
> under the one set 8/5/02, it also managed to close nearly at the low of
the
> day. It had company, tho, with the Naz 100 doing the same thing. The
Russell
> 2000 didn't quite beat its 7/24 low on an intraday basis, but sure managed
> to take it out on a closing price basis. The rest of the major indexes
look
> like they need a few more days of catch up, but are headed in the same
> direction. Will be interesting to see what the Feds say tomorrow.
>
> Tom Worley
> stkguru@bellsouth.net
> AIM: TexWorley
>
>
>
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Date: Mon, 23 Sep 2002 23:28:59 EDT
From: Sally5455@aol.com
Subject: Re: [CANSLIM] CANSLIM Hunting List 09/20/02

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In a message dated 9/23/2002 10:13:46 AM Central Daylight Time, 
kmalm@earthlink.net writes:


> In order to make it to the list, the stock had to have a forward growth rate 
> of at least 15%, Price at least 6, Avg Daily Vol at least 30K, RS at least 
> 60, no more than 15% below the 50 day SMA, and at or above the 200 day SMA. 
> This is what I consider to be "bare bones" requirements for CANSLIM quality 
> stocks.

I'm confused with the price and avg daily volume numbers. They don't match 
what I learned from the HTMMIS and IBD. Is this modified Can Slim?

Elmer

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<HTML><FONT FACE=arial,helvetica><FONT  SIZE=2 FAMILY="SANSSERIF" FACE="Arial" LANG="0">In a message dated 9/23/2002 10:13:46 AM Central Daylight Time, kmalm@earthlink.net writes:<BR>
<BR>
<BR>
<BLOCKQUOTE TYPE=CITE style="BORDER-LEFT: #0000ff 2px solid; MARGIN-LEFT: 5px; MARGIN-RIGHT: 0px; PADDING-LEFT: 5px">In order to make it to the list, the stock had to have a forward growth rate of at least 15%, Price at least 6, Avg Daily Vol at least 30K, RS at least 60, no more than 15% below the 50 day SMA, and at or above the 200 day SMA. This is what I consider to be "bare bones" requirements for CANSLIM quality stocks.</BLOCKQUOTE><BR>
<BR>
I'm confused with the price and avg daily volume numbers. They don't match what I learned from the HTMMIS and IBD. Is this modified Can Slim?<BR>
<BR>
Elmer</FONT></HTML>

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