From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #3018 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 Monday, November 4 2002 Volume 02 : Number 3018 In this issue: RE: [CANSLIM] CANSLIM with TA [CANSLIM] Re: Funds Re: [CANSLIM] Re: Funds RE: [CANSLIM] my first charts [CANSLIM] Gaps [CANSLIM] CANSLIM List FAQ (Monthly Posting) Re: [CANSLIM] my first charts ---------------------------------------------------------------------- Date: Sun, 3 Nov 2002 15:19:06 -0500 From: "John Solarno" Subject: RE: [CANSLIM] CANSLIM with TA Actually, I use a 12-26 day MACD. Given the volatility of the market these days, I find that's the maximum amount of time I can keep my hands gripped to the side of my chair before my knuckles turn white. John. - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com] On Behalf Of PSmith7153@aol.com Sent: Sunday, November 03, 2002 9:05 AM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] CANSLIM with TA John - Using a 20-50 Day MACD or the 20-100 Day MACD ? Thanks --paul - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Sun, 3 Nov 2002 21:26:14 EST From: Spencer48@aol.com Subject: [CANSLIM] Re: Funds Tom: What do you make of a stock where the DG-Online stat. for funds is "NA". I'm looking at SMD, and it has nice aggregate number for mgt. which is holding the stock (39%); the weekly chart looks like I'd want to watch it; earnings are very nice as is cash flow; it has no debt and ROE is a spectacular 59%. However, not knowing how many funds are holding the stock gives me pause. How do you analyze a stock when the everything else seems nice, but funds say "NA"? jans - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Sun, 3 Nov 2002 21:33:51 -0500 From: "Tom Worley" Subject: Re: [CANSLIM] Re: Funds I would write DGO and ask them about that specific stock and its funds ownership. In some cases the NA may mean they don't have current data, in other cases it may mean that funds ownership is less than 1% - ----- Original Message ----- From: To: Sent: Sunday, November 03, 2002 9:26 PM Subject: [CANSLIM] Re: Funds Tom: What do you make of a stock where the DG-Online stat. for funds is "NA". I'm looking at SMD, and it has nice aggregate number for mgt. which is holding the stock (39%); the weekly chart looks like I'd want to watch it; earnings are very nice as is cash flow; it has no debt and ROE is a spectacular 59%. However, not knowing how many funds are holding the stock gives me pause. How do you analyze a stock when the everything else seems nice, but funds say "NA"? jans - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Sun, 3 Nov 2002 19:44:58 -0800 From: "Robin Gridley" Subject: RE: [CANSLIM] my first charts I actually got kicked off the last after year two of lurking... probably 'cause I wasn't contributing anything... The list postings just sortta stopped showing up! Guess that's what I get for being slow.... - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Tom Worley Sent: Sunday, November 03, 2002 7:21 AM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] my first charts Robin, sorry for the delayed response, my weeks seem only to get longer and more tiring. And thanks for the intro, wow, a three year lurker finally coming forward, I think that could be a new record, anyone else want to beat it?? Some quick comments at least BSTE - strange chart, kinda a c&h, but a pretty long and drooping handle, excellent fundies and growth top and bottom line, and forecast to continue that way for another year. Funds already own 33% however. EXPD - I like to see at least 20% earnings forecast FCBP - I don't see this as LLUR, too ranging of a chart. HLYW - agree on all points, this is the kind of company that benefits both from the aging population, as well as present economy. Even if the economy starts to improve, I would think it would help more than hurt ROOM - on the %age ownership, Management is taken as of the total issue, while funds and banks are of the float, so the figures cannot be added together. Yes, the bottom of the cup is deeper than desired, on the other hand the run up to 70 was from an exaggerated low resulting from 9/11. Fundies and growth top and bottom are good, altho margins appear volatile and hard to predict. Ads I have seen on TV look effective, but you can better judge the marketing effectiveness. ORLY - look at it on a weekly chart, it is in a steady decline, confirmed by the trend of both the 50 and 200 dma lines, and now by the RS as well. PPDI - Group RS improved to 61, so puts it into the bottom of the "B" group, certainly worth watching for a break over the pivot in the handle SHFL - Management only owns 4%, but their last four transactions shown were buys (May - July) and at an excellent price. UPOX - I am assuming you mean UOPX, Group RS now at 81, so into the low "A" category, one of the reasons why I disregard group rankings in doing my screens, I actually like finding pretty charts on companies still in the Group "E" category. AMGP - last two quarters poor earnings on higher revenues would kick this one off my radar immediately, also I don't like companies public for less than 12 months Good luck, - ----- Original Message ----- From: "Robin Gridley" To: "CANSLIM" Sent: Thursday, October 31, 2002 4:06 PM Subject: [CANSLIM] my first charts FOA... Thanks for all the input on resources. Was much appreciated. I'm listing some charts below that appear to my novice eye as being of interest. This is only based on what I can see from the charts (... and I'm not putting ANY of my money into ANYTHING based on those nascent skills at this point...) But since there isn't a lot of traffic on the board, I figured I might as well put them out there if only to get reasons why they aren't good candidates... BSTE Biosite GROUP RS 90, EPS Rank 75 (not great) B/B/A, 31%F/15%M (would prefer M to be higher) Looks to me like a cup trying to make a handle. >50%+ on last run. Volume dried up on handle and then almost hit pivot point. EXPD Expeditors Is this a cup? +20% on last advance. 28.3% between L and bottom of base. EPS 88, RS 86 B/B/A. The Group RS is 50 (Not sure how much I should care about that...) and Mgmt only owns 5%, with F at 33%. But it looks to me like it's forming a nice R to the cup. FCBP I think this is an LLUR. Don't know what to do with those yet. But with Group RS 95, EPS 88, A/B/A, RS of 90, Mgmnt 36% with continued insider acquisitions I thought it was worth a look. Now if I can just figure out if that's a really, really, really long handle..... HLYW Hollywood Entertainment A cup that I think is now trying to make a handle. +20% on last run. Above 200DMA. Volume drying up on handle. Group RS 85, A/A 12%M and 30%F. EPS Rank 80. I think I should like this one. ROOM Hotels.com Cup. B/B/A, EPS 96, Growth +166%. Mgmnt 49% & Funds 46%. RS increasing, 59.4% on last major runup. Should I be concerned that base is 49% below L on cup and Group RS is 53? Also... According the DGO chart I'm looking at... Funds have 46%, Banks 10%, and Mgmt 49%... Okay, I know I'm only a marketing guy but doesn't that make the pie a little too big? ORLY I like this one two weeks ago. It had a cup then... I promise... But what is it now the handle seems to have gone all funky? Group RS 91, B/B/A EPS 95 PPDI Cup consolidating into handle? Fundamentals look good to me except that pesky group RS thing again (34%) Should that be enough to knock out a stock that is otherwise A/B/A, EPS 99% and a 32% growth rate? SHFL Cup making handle. A/A/A, 91EPS and RS95. Group RS 80. But management only owns 4%. UPOX Cup with handle trying to break pivot. A/A/A 99EPS. RS95 but declining a little bit. Concerns - Group RS of 53 (DGO should really leave this number out of their charts... it keeps messing up my otherwise nice investment options....) and only 2% Management. AMGP Cup with handle? Group RS 98, EPS 81, A/B/A F34% M42%, Volume was declining in handle, good growth, nice run up before L of cup. Any comments (except 'what are u smoking?') would be very much appreciated. And finally... not to be rude, since this is my first real post, a brief introduction. Been in marketing for 18 years, but have an Economics and Accounting background. Cut my teeth at Apple Computer with the launch of the Macintosh. Now with a media wholesaler. My investing has been limited to watching my Fidelity 401K funds get smaller. In addition to HTMMIS also read Grahams Value Investing book and Murphy's Technical Analysis (which I slept through twice and STILL can't get the study guide questions right....) Have bitten the bullet and subscribed to IBD, 'though I still prefer WSJ for non-chart content. I like bicycles, lawn gnomes and long walks on the beach, and have lurked on this board for almost 3 years now. Robin - - - -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: Sun, 3 Nov 2002 19:46:54 -0800 From: "Robin Gridley" Subject: [CANSLIM] Gaps In reviewing some of my other notes, I wondered how much credence I should give to breakaway or measuring gaps in determining the strength of the sides of the cups (especially the right side.) If the right side shows distinct breakaway gap from the base and a mid-point runaway gap, does that speak well for the strength of the overall accumulation or is it irrelevant in the C&H pattern? - - - -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, 4 Nov 2002 05:15:02 -0600 From: "Katherine Malm" Subject: [CANSLIM] CANSLIM List FAQ (Monthly Posting) This is a multi-part message in MIME format. - ------=_NextPart_000_2A03_01C283C1.210AFC10 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable This FAQ is also available at: = http://WallStreet-LLC.com/canslim/CANSLIMFAQ.doc =20 Scope of discussion, Etiquette:=20 Here are a couple of quotes from the welcome email that Jeff Salisbury, = the list owner and host, sends to each new member: "This is an unmoderated discussion group whose purpose is to provide a = forum for individuals to:=20 1.. Discuss the ideas and concepts of CANSLIM.=20 2.. Add to the concepts of CANSLIM from personal experience.=20 3.. Exchange sources of information on the internet and software that = can be used to select stocks using the CANSLIM methodology.=20 4.. Discuss specific equities and how they may or may not meet the = CANSLIM criteria. " "Anyone who resorts to rudeness, flaming, and personal attacks will be = removed from our group."=20 "By signing up for this list, you agree to the following: This list is = a private list. All information that you take from this list is for = your private use only. Commercial use of this information is = forbidden." Commonly used (misc) abbreviations: BO or B/O =3D Breakout DD=3D Due Diligence dMA =3D days Moving Average (a simple moving average unless otherwise = specified) FTD =3D Follow Through Day http://www.market-tester.com/primer.htm HTMMIS =3D "How to Make Money in Stocks" by William J. O'Neil IBD =3D Investors Business Daily (www.investors.com) IMHO =3D In My Humble Opinion sometimes used as IMO or JMO or my $0.02 LOL =3D Laughing Out Loud M =3D Market ( the "M" in CANSLIM) MA =3D Moving Average N =3D New (the "N" in CANSLIM) VR =3D Virtual Reality fund WON =3D William O'Neil, originator of CANSLIM IBD/CANSLIM Proprietary Rankings: A/D =3D Accumulation/Distribution EPS =3D Earnings per Share Rank GRS =3D Group Relative Strength RS =3D Relative Strength SMR =3D Sales/Margins/ROE Comp =3D Composite Ranking Accounting/Finance Abbreviations: BS or B/S =3D Balance Sheet cflo =3D Cash Flow D/E =3D Debt to Equity IS or I/S =3D Income Statement PE or P/E =3D Price to Earnings ratio Pro Forma earnings =3D http://www.sec.gov/investor/pubs/proforma12-4.htm =20 Accounting 101: http://uoutperform.com/New_Folder/fundamental_analysis.htm http://www.investopedia.com/university/fundamentalanalysis/ http://www.WallStreet-LLC.com/canslim/Accounting101.doc =20 Commonly discussed technical patterns: 2B=3DDouble Bottoms A Base =3D Ascending Base C&H or CwH =3D Cup and Handle (http://www.cwhcharts.com/WON_cwh.htm.) FB=3DFlat Base HTF =3D High Tight Flag LLUR =3D Lower Left Upper Right (a stock on the rise, channeling in a = tight range) For general discussion of chart patterns: = http://stockcharts.com/education/What/ChartAnalysis/index.html Commonly discussed software/tools: AAII Stock Investor Pro http://www.aaii.com/ - money back guarantee DGO=3D DailyGraphs Online ( www.dailygraphs.com ) - 7 day trial $19.95 HGSI =3D High Growth Stock Investing (www.highgrowthstock.com) - 60 day = paid trial $49 QP2 =3D Quotes Plus (www.qp2.com) TC2000 =3D Worden Brothers TC2000 technical analysis software = (http://www.tc2000.com) -30 day free trial VV=3D VectorVest (www.vectorvest.com) - 5 week trial $9.95 =20 If you are new to CANSLIM investing (or just need a refresher): Take advantage of the excellent learning center at the IBD site-- = www.investors.com/learn Free sites for stock scanning: http://moneycentral.msn.com/investor/finder/predefstocks.asp http://www.marketguide.com/screen/SScreen.asp Free sites for charting: www.stockcharts.com www.bigcharts.com http://www.moneycentral.msn.com/investor/charts/charting.asp?Symbol=3Dcsc= o Due diligence sites: Company's web site http://biz.yahoo.com/p/c/csco.html http://moneycentral.msn.com/investor/research/newsnap.asp?Symbol=3DCSCO www.cwhcharts.com/canslim (limited to 5 stocks per person per day) www.investors.com (Requires subscription-look for the stock checkup = feature) =20 Free resources for real time tracking: www.quotetracker.com Tools provided by members: - -CANSLIM Evaluator provided by Mike Gibbons: A tool that evaluates a = stock against each of the CANSLIM criteria except M. = (http://www.cwhcharts.com/canslim) - -CwH Stock Selector provided by Mike Gibbons: A tool that looks for = stocks that are in the handle of a cup-with-handle base and are = potentially ready for breakout. (http://www.cwhcharts.com/cs.php) - -Charts for CANSLIM provided by Mike Gibbons: A straightforward chart = showing the price/volume action, pivots, % off 52 wk high, RS Line = relative to the S&P500, RS Rank plotted over time, U/D ratio over time. = Displays daily for 3, 6, 9, or 12 months. Updated with delayed intraday = pricing as well. (http://www.cwhcharts.com/charts/kmchart.php) - -CANSLIMLinks provided by Katherine Malm: An Excel spreadsheet that = contains macros for creating links to sites useful for evaluating = CANSLIM stocks. Allows you to list stocks of your choosing. Full = functionality only available with Excel 2000 for Windows. Limited = functionality in prior versions. = (http://WallStreet-LLC.com/canslim/CANSLIMLinksAutomated.zip) - -Favorite Resources provided by Katherine Malm: A Word document listing = various sites I find useful in CANSLIM investing. = (http://WallStreet-LLC.com/canslim/FavoriteResourcesKM.doc) - -Favorite Resources provided by other members-Would love to see more = posted to the FTP site!!! =20 List FAQ compiled by Katherine Malm. If you have suggestions for = additions and/or revisions, please contact me at kmalm@earthlink.net Rev 11/03/02 - ------=_NextPart_000_2A03_01C283C1.210AFC10 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable

This FAQ is = also=20 available at: http://Wall= Street-LLC.com/canslim/CANSLIMFAQ.doc

 

Scope of=20 discussion, Etiquette:

Here are a = couple=20 of quotes from the welcome email that Jeff Salisbury, the list = owner and=20 host, sends to each new member:

 

"This is an = unmoderated=20 discussion group whose purpose is to provide a forum for individuals to: =

  1. Discuss=20 the ideas and concepts of CANSLIM.
  2. Add=20 to the concepts of CANSLIM from personal experience.
  3. Exchange=20 sources of information on the internet and software that can be used = to select=20 stocks using the CANSLIM methodology.
  4. Discuss=20 specific equities and how they may or may not meet the CANSLIM=20 criteria. "

"Anyone who resorts to rudeness, flaming, and personal attacks will = be=20 removed from our group."

=93By signing up for this list, you agree to the following:  = This list is=20 a private list.  All information that you take from this list is = for your=20 private use only.  Commercial use of this information is = forbidden.=94

Commonly used = (misc)=20 abbreviations:

BO or B/O =3D = Breakout

DD=3D Due = Diligence

dMA =3D days Moving = Average (a=20 simple moving average unless otherwise specified)

FTD =3D Follow = Through Day http://www.market-tester= .com/primer.htm

HTMMIS =3D "How to = Make Money in=20 Stocks" by William J. O'Neil

IBD =3D Investors = Business=20 Daily  (www.investors.com)

IMHO =3D In My Humble = Opinion=20 sometimes used as IMO or JMO or my $0.02

LOL =3D Laughing Out = Loud

M =3D Market ( the = "M" in=20 CANSLIM)

MA =3D Moving = Average

N =3D New (the "N" in = CANSLIM)

VR =3D Virtual = Reality fund

WON =3D William = O'Neil, originator=20 of CANSLIM

 

IBD/CANSLIM = Proprietary=20 Rankings:

A/D =3D=20 Accumulation/Distribution

EPS =3D Earnings per = Share Rank

GRS =3D Group = Relative Strength

RS =3D Relative = Strength

SMR =3D = Sales/Margins/ROE

Comp =3D Composite = Ranking

 

Accounting/Finance=20 Abbreviations:

BS or B/S =3D Balance = Sheet

cflo =3D Cash = Flow

D/E =3D Debt to = Equity

IS or I/S =3D Income = Statement

PE or P/E =3D Price = to Earnings=20 ratio

Pro Forma earnings = =3D http://www.sec= .gov/investor/pubs/proforma12-4.htm

 

Accounting = 101:

http:= //uoutperform.com/New_Folder/fundamental_analysis.htm
http= ://www.investopedia.com/university/fundamentalanalysis/
http://w= ww.WallStreet-LLC.com/canslim/Accounting101.doc

 

Commonly = discussed technical=20 patterns:

2B=3DDouble=20 Bottoms

A Base =3D Ascending = Base

C&H or CwH =3D = Cup and=20 Handle  (http://www.cwhcharts.com/WO= N_cwh.htm.)

FB=3DFlat Base

HTF =3D High Tight = Flag

LLUR =3D Lower Left = Upper=20 Right (a stock on the rise, channeling in a tight range)

For general = discussion of chart=20 patterns: h= ttp://stockcharts.com/education/What/ChartAnalysis/index.html<= /P>

 

Commonly = discussed=20 software/tools:

AAII Stock Investor = Pro http://www.aaii.com/ - money back = guarantee

DGO=3D DailyGraphs=20 Online  ( www.dailygraphs.com ) =96 7 = day trial=20 $19.95

HGSI =3D High Growth = Stock=20 Investing (www.highgrowthstock.com)=20 =96 60 day paid trial $49

QP2 =3D Quotes Plus = (www.qp2.com)

TC2000 =3D  = Worden Brothers=20 TC2000 technical analysis software (http://www.tc2000.com) -30 day free=20 trial

VV=3D VectorVest (www.vectorvest.com) =96 5 week = trial=20 $9.95

 

If you are new to = CANSLIM=20 investing (or just need a refresher):

Take advantage of the = excellent=20 learning center at the IBD site-- www.investors.com/learn

 

Free sites for = stock=20 scanning:

htt= p://moneycentral.msn.com/investor/finder/predefstocks.asp

http://www.marketg= uide.com/screen/SScreen.asp

 

Free sites for=20 charting:

www.stockcharts.com

www.bigcharts.com

http://www.moneycentral.msn.com/investor/charts/charting.asp?S= ymbol=3Dcsco

 

Due diligence = sites:

Company's web = site

http://biz.yahoo.com/p/c/csco= .html

http://moneycentral.msn.com/investor/research/newsnap.asp?Symbol=3D= CSCO

www.cwhcharts.com/canslim = (limited=20 to 5 stocks per person per day)

www.investors.com (Requires=20 subscription-look for the stock checkup feature)

 

 

Free resources = for real time=20 tracking:

www.quotetracker.com

 

Tools provided by = members:

-CANSLIM Evaluator = provided by=20 Mike Gibbons: A tool that evaluates a stock against each of the CANSLIM = criteria=20 except M. (http://www.cwhcharts.com/cansli= m)

-CwH Stock Selector = provided by=20 Mike Gibbons: A tool that looks for stocks that are in the handle = of a=20 cup-with-handle base and are potentially ready for breakout. = (http://www.cwhcharts.com/cs.php)

-Charts for = CANSLIM provided=20 by Mike Gibbons: A straightforward chart showing the price/volume = action,=20 pivots, % off 52 wk high, RS Line relative to the S&P500, RS Rank = plotted=20 over time, U/D ratio over time. Displays daily for 3, 6, 9, or 12 = months.=20 Updated with delayed intraday pricing as well. (http://www.cwhcharts= .com/charts/kmchart.php)

-CANSLIMLinks = provided by=20 Katherine Malm: An Excel spreadsheet that contains macros for creating = links to=20 sites useful for evaluating CANSLIM stocks. Allows you to list stocks of = your=20 choosing. Full functionality only available with Excel 2000 for Windows. = Limited=20 functionality in prior versions. (http= ://WallStreet-LLC.com/canslim/CANSLIMLinksAutomated.zip)

-Favorite Resources = provided by=20 Katherine Malm: A Word document listing various sites I find useful in = CANSLIM=20 investing. (http:/= /WallStreet-LLC.com/canslim/FavoriteResourcesKM.doc)

-Favorite Resources = provided by=20 other members=97Would love to see more posted to the FTP site!!!

 

List FAQ compiled by = Katherine=20 Malm. If you have suggestions for additions and/or revisions, please = contact me=20 at kmalm@earthlink.net

Rev=20 11/03/02

- ------=_NextPart_000_2A03_01C283C1.210AFC10-- - - - -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, 4 Nov 2002 06:23:43 -0500 From: "Tom Worley" Subject: Re: [CANSLIM] my first charts you were probably subscribed to the digest version, where you got all the posts in one or two daily emails. The digest version was discontinued, and you had to subscribe to the live version instead. I don't know of anyone kicked out for not contributing, only for repeated violations of the few rules we have. - ----- Original Message ----- From: "Robin Gridley" To: Sent: Sunday, November 03, 2002 10:44 PM Subject: RE: [CANSLIM] my first charts I actually got kicked off the last after year two of lurking... probably 'cause I wasn't contributing anything... The list postings just sortta stopped showing up! Guess that's what I get for being slow.... - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Tom Worley Sent: Sunday, November 03, 2002 7:21 AM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] my first charts Robin, sorry for the delayed response, my weeks seem only to get longer and more tiring. And thanks for the intro, wow, a three year lurker finally coming forward, I think that could be a new record, anyone else want to beat it?? Some quick comments at least BSTE - strange chart, kinda a c&h, but a pretty long and drooping handle, excellent fundies and growth top and bottom line, and forecast to continue that way for another year. Funds already own 33% however. EXPD - I like to see at least 20% earnings forecast FCBP - I don't see this as LLUR, too ranging of a chart. HLYW - agree on all points, this is the kind of company that benefits both from the aging population, as well as present economy. Even if the economy starts to improve, I would think it would help more than hurt ROOM - on the %age ownership, Management is taken as of the total issue, while funds and banks are of the float, so the figures cannot be added together. Yes, the bottom of the cup is deeper than desired, on the other hand the run up to 70 was from an exaggerated low resulting from 9/11. Fundies and growth top and bottom are good, altho margins appear volatile and hard to predict. Ads I have seen on TV look effective, but you can better judge the marketing effectiveness. ORLY - look at it on a weekly chart, it is in a steady decline, confirmed by the trend of both the 50 and 200 dma lines, and now by the RS as well. PPDI - Group RS improved to 61, so puts it into the bottom of the "B" group, certainly worth watching for a break over the pivot in the handle SHFL - Management only owns 4%, but their last four transactions shown were buys (May - July) and at an excellent price. UPOX - I am assuming you mean UOPX, Group RS now at 81, so into the low "A" category, one of the reasons why I disregard group rankings in doing my screens, I actually like finding pretty charts on companies still in the Group "E" category. AMGP - last two quarters poor earnings on higher revenues would kick this one off my radar immediately, also I don't like companies public for less than 12 months Good luck, - ----- Original Message ----- From: "Robin Gridley" To: "CANSLIM" Sent: Thursday, October 31, 2002 4:06 PM Subject: [CANSLIM] my first charts FOA... Thanks for all the input on resources. Was much appreciated. I'm listing some charts below that appear to my novice eye as being of interest. This is only based on what I can see from the charts (... and I'm not putting ANY of my money into ANYTHING based on those nascent skills at this point...) But since there isn't a lot of traffic on the board, I figured I might as well put them out there if only to get reasons why they aren't good candidates... BSTE Biosite GROUP RS 90, EPS Rank 75 (not great) B/B/A, 31%F/15%M (would prefer M to be higher) Looks to me like a cup trying to make a handle. >50%+ on last run. Volume dried up on handle and then almost hit pivot point. EXPD Expeditors Is this a cup? +20% on last advance. 28.3% between L and bottom of base. EPS 88, RS 86 B/B/A. The Group RS is 50 (Not sure how much I should care about that...) and Mgmt only owns 5%, with F at 33%. But it looks to me like it's forming a nice R to the cup. FCBP I think this is an LLUR. Don't know what to do with those yet. But with Group RS 95, EPS 88, A/B/A, RS of 90, Mgmnt 36% with continued insider acquisitions I thought it was worth a look. Now if I can just figure out if that's a really, really, really long handle..... HLYW Hollywood Entertainment A cup that I think is now trying to make a handle. +20% on last run. Above 200DMA. Volume drying up on handle. Group RS 85, A/A 12%M and 30%F. EPS Rank 80. I think I should like this one. ROOM Hotels.com Cup. B/B/A, EPS 96, Growth +166%. Mgmnt 49% & Funds 46%. RS increasing, 59.4% on last major runup. Should I be concerned that base is 49% below L on cup and Group RS is 53? Also... According the DGO chart I'm looking at... Funds have 46%, Banks 10%, and Mgmt 49%... Okay, I know I'm only a marketing guy but doesn't that make the pie a little too big? ORLY I like this one two weeks ago. It had a cup then... I promise... But what is it now the handle seems to have gone all funky? Group RS 91, B/B/A EPS 95 PPDI Cup consolidating into handle? Fundamentals look good to me except that pesky group RS thing again (34%) Should that be enough to knock out a stock that is otherwise A/B/A, EPS 99% and a 32% growth rate? SHFL Cup making handle. A/A/A, 91EPS and RS95. Group RS 80. But management only owns 4%. UPOX Cup with handle trying to break pivot. A/A/A 99EPS. RS95 but declining a little bit. Concerns - Group RS of 53 (DGO should really leave this number out of their charts... it keeps messing up my otherwise nice investment options....) and only 2% Management. AMGP Cup with handle? Group RS 98, EPS 81, A/B/A F34% M42%, Volume was declining in handle, good growth, nice run up before L of cup. Any comments (except 'what are u smoking?') would be very much appreciated. And finally... not to be rude, since this is my first real post, a brief introduction. Been in marketing for 18 years, but have an Economics and Accounting background. Cut my teeth at Apple Computer with the launch of the Macintosh. Now with a media wholesaler. My investing has been limited to watching my Fidelity 401K funds get smaller. In addition to HTMMIS also read Grahams Value Investing book and Murphy's Technical Analysis (which I slept through twice and STILL can't get the study guide questions right....) Have bitten the bullet and subscribed to IBD, 'though I still prefer WSJ for non-chart content. I like bicycles, lawn gnomes and long walks on the beach, and have lurked on this board for almost 3 years now. Robin - - - -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. - - - -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 #3018 ****************************** 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.