From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #3052 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 Sunday, November 24 2002 Volume 02 : Number 3052 In this issue: Re: [CANSLIM] sector identification [CANSLIM] CANSLIM Hunting List Updated 11/22/02 Re: [CANSLIM] CANSLIM Hunting List Updated 11/22/02 Re: [CANSLIM] Shorting Re: [CANSLIM] Shorting Re: [CANSLIM] Shorting Re: [CANSLIM] Shorting Re: [CANSLIM] Shorting Re: [CANSLIM] Shorting Re: [CANSLIM] Shorting Re: [CANSLIM] Shorting Re: [CANSLIM] What's with KLIC??? Re: [CANSLIM] What's with KLIC??? Re: [CANSLIM] Shorting ---------------------------------------------------------------------- Date: Sun, 24 Nov 2002 07:29:43 -0600 From: "Norman Boyd" Subject: Re: [CANSLIM] sector identification Curt, I would like to add my thanks. There are several free sites that offer the same info but I think maybe this one is the best. I was able to download it on my slooooooow dial-up so just about anyone should be able to get it. Norm - ----- Original Message ----- From: "Mike Gibbons" To: Sent: Sunday, November 24, 2002 1:59 AM Subject: RE: [CANSLIM] sector identification > Further to my last post, to get to the spreadsheet directly, click > > http://makeashorterlink.com/?Z67723C82 > > Note: It can take quite a few seconds (minutes for slower connections) > before the download will complete. > > Aloha, > > Mike Gibbons > Proactive Technologies, LLC > http://www.proactech.com > > > -----Original Message----- > From: owner-canslim@lists.xmission.com > [mailto:owner-canslim@lists.xmission.com]On Behalf Of Mike Gibbons > Sent: Saturday, November 23, 2002 9:43 PM > To: canslim@lists.xmission.com > Subject: RE: [CANSLIM] sector identification > > > Thank you Curt, that is extremely helpful and I can definitely use it > myself. > > Now , to save everyone time, the result of that process will be to send to > the Multex server a request for information (a URL) as follows: > > http://www.marketguide.com/screen/Results.asp?Start=1&Max=100&PortfolioType= > Active%20Companies&Showfields=Ticker,Name,IndDescr,SectorDescr > > Click it and you'll then be able to download the ticker, name, industry and > sector without stepping through the pages Curt described. But I never would > have known how to get to the final URL without his first publishing the > steps. Once, thanks Curt. > > Aloha, > > Mike Gibbons > Proactive Technologies, LLC > http://www.proactech.com > > > -----Original Message----- > From: owner-canslim@lists.xmission.com > [mailto:owner-canslim@lists.xmission.com]On Behalf Of Curt Corley > Sent: Saturday, November 23, 2002 8:24 PM > To: canslim@lists.xmission.com > Subject: RE: [CANSLIM] sector identification > > > Here's a method for finding what sector and industry group that a > particular stock belongs to. > > 1. Visit http://www.marketguide.com/home.asp > 2. Click on the "Screening Tools" button > 3. Click on the link that reads "9170 Active Companies" > 4. Click on "Add/Remove/Arrange Columns" > 5. Choose "DESCRIPTIVE" for the "Value Category" > 6. Select and add the following two (to four) variables: > * IndDescr (and/or IndCode) > * SectorDescr (and/or SectorCode) > 7. Click OK > 8. Click the "Download to Spreadsheet" button > 9. After the spreadsheet is downloaded, you can sort it however you want > (by Sector, Industry, or Ticker symbol). > > I don't think the sector or industry categories exactly match the > categories that IBD uses (in case that matters), but they will probably > be close enough to get the job done. > > -- Curt > > -----Original Message----- > From: owner-canslim@lists.xmission.com > [mailto:owner-canslim@lists.xmission.com] On Behalf Of > michael_niemotka@baxter.com > Sent: Friday, November 22, 2002 1:08 PM > To: canslim@lists.xmission.com > Subject: [CANSLIM] sector identification > > All, > > I have been starting to do some sector analysis, and was wondering if > someone could point me to a website that would allow me to figure out > what > sector a particular company belongs in, and more importantly, if there > is > an index within that sector that the stock belongs to. > > I am interested in point and figure charting for a sector, and am > working > backwards, ie using CANSLIM to identify a good company, but then wanting > to > use P&F sector charting to see the sector strength. > > Any ideas? > > Have a nice weekend > > 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. > > > - > -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, 24 Nov 2002 10:49:25 -0600 From: "Katherine Malm" Subject: [CANSLIM] CANSLIM Hunting List Updated 11/22/02 This is a multi-part message in MIME format. - ------=_NextPart_000_02D5_01C293A7.27F87110 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi All, I've uploaded the latest CANSLIM Hunting list to: http://WallStreet-LLC.com/canslim/CANSLIMHunting112202.xls ( a bit slow = to load) http://WallStreet-LLC.com/canslim/CANSLIMHunting112202.zip ( a zipped = version for download) *Please note that these spreadsheets were prepared with Excel 2000 for = Windows. If you have older versions of Excel or use a Mac version, you = will not be able to view them properly. If you do not have Excel, see = http://office.microsoft.com/downloads/2000/xlviewer.aspx for a free = viewer. 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. (Note that if you follow stricter CANSLIM = guidelines, you can use the autofilter feature in each column and view = only Price>=3D$12 (or 15) and AvgVol>=3D100000.) 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. This month I've also added links to Mike's and = (now my!) cwhcharts for each stock which displays U/D volume, RS Rank, = Comparative RS vs. SPX and more. I've also added a couple of additional = columns as an outgrowth of my recent discussion with Eric J regarding = relative outperformance of certain stocks and strength of potential and = current leader stocks. You'll find a column for the RS Line since the = 10/10 market low. If the RS Line (RS compared to S&P500) has been going = up since that date (indicating outperformance relative to the market), = it is indicated with a "+". I've also included a column to show the % = off the 52 week high for those that keep their eye focused on such = things. Also note that there are 4 sheets in the workbook, though this = is easy to overlook. The first sheet has the listed stocks, but others = include a list of stocks dropped from the list, a summary of stocks by = sector, and a sheet with misc. links for free info on the web. If you'd like to look at last month's hunting list, you will find it at: http://WallStreet-LLC.com/canslim/CANSLIMHunting101802.xls or http://WallStreet-LLC.com/canslim/CANSLIMHunting101802.zip This month there are 476 names, up a whopping 105 names from the list I = posted last month just after the FTD. This month, 125 names fell from = the list, 230 new names came on board and 246 names are repeats. Though = rotation on the list is still fairly severe, the large number of repeats = does show some marked improvement over what I've seen in the last year. = It's an encouraging sign that money seems to continue to flow out of = defensive names such as REITS, Mining and Healthcare (hospitals/HMO's) = and into growth areas such as Healthcare equipment/instruments and = Business Sevices. Of particular note this month is the high = representation of media stocks. As a sign of *economic* strength (though = not necessarily market strength), this is very important. 19 names show = on the list and represent both print and broadcast media. AOL also = announced recently that they see a strengthening demand for advertising. = This is an important sign, because media is typically one of the strong = sectors leading out of economic reversionary periods. As the market is a = discounting mechanism, this then bodes well. Other areas with good = representation are telecom (select cellular and equipment companies), = computer services and business services. I don't see it as particularly = troubling that more retailers don't show on the list. The consumer = stocks have dominated over the past 20 (or so) years and I don't think = it would be out of the question there would be a substantial secular = shift to capital goods and other quasi-cyclical sectors in the future. = Tech supports many industries and great growth stocks don't necessarily = have to come from consumer related businesses (though it is true many = growth companies do typically come from innovative retailers.) It's also = interesting to me that Biotech is well represented on this month's list = with 14 names. While this is a high-risk sector, it is encouraging to = see institutional money flow to it. Many believe biotech will be the = most important growth industry going forward. I am also not troubled by = the flow of money *out* of homebuilders and related stocks. Again, the = market is a discounting mechanism. That means that if money is flowing = out of this sector, the growth in housing, etc.will decline. People may = not be building new houses at a pace equal to the last 10-15 years in = the future, but it's a fallacy to conclude that the consumer will no = longer be healthy and spend money. The laborers and supporting = businesses will shift to other industries as a result in the same way = that they did when the oil industry collapsed in the early '80's. Take a = trip to Houston today and you'll find it a far different city than it = was at that time--still a lot of oil money, but a far more diverse group = of businesses than 20 years ago. With a follow-through day under our belts, decent (though certainly not = perfect, and still suspect) action in recent breakouts and a list of = hunting candidates composed of less defensive names and more fully = populated with innovative companies, it's an encouraging sign that we = may be in for an intermediate term rally of some consequence. It's still = a jungle out there....be sure to honor all your buy *and* sell rules!! One last note...I'm aware that there are many who will not use a list = stocks such as this (and rightfully so), but it's always difficult to = tell if the spreadsheet is useful to enough people on the CANSLIM list = to continue to spend the time it takes to prepare each month. As there = is no way to monitor the number of downloads, I'll need some individual = feedback to gauge the value to the list. Tom Worley has often expressed = the same sentiment from time to time given the amount of effort he puts = into his weekly Weekend Weeview, so I am following his lead to get a = pulse point. Happy Hunting, Katherine - ------=_NextPart_000_02D5_01C293A7.27F87110 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Hi All,
 
I've uploaded the latest CANSLIM Hunting list to:
 
http:= //WallStreet-LLC.com/canslim/CANSLIMHunting112202.xls=20 ( a bit slow to load)
http:= //WallStreet-LLC.com/canslim/CANSLIMHunting112202.zip (=20 a zipped version for download)
*Please note that these spreadsheets were prepared with Excel 2000 = for=20 Windows. If you have older versions of Excel or use a Mac version, you = will not=20 be able to view them properly. If you do not have Excel, see http://= office.microsoft.com/downloads/2000/xlviewer.aspx for=20 a free viewer.
 
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 = stocks.=20 (Note that if you follow stricter CANSLIM guidelines, you can use the = autofilter=20 feature in each column and view only Price>=3D$12 (or 15) and=20 AvgVol>=3D100000.) Other information included is industry name = (slightly=20 different than DGO's names, but close enough!), price, avg vol, and =  links=20 to graphs and due diligence sites on the internet. This month I've also = added=20 links to Mike's and (now my!) cwhcharts for each stock which displays = U/D=20 volume, RS Rank, Comparative RS vs. SPX and more. I've also added a = couple of=20 additional columns as an outgrowth of my recent discussion with Eric J = regarding=20 relative outperformance of certain stocks and strength of potential and = current=20 leader stocks. You'll find a column for the RS Line since the 10/10 = market low.=20 If the RS Line (RS compared to S&P500) has been going up since that = date=20 (indicating outperformance relative to the market), it is indicated with = a "+".=20 I've also included a column to show the % off the 52 week high for those = that=20 keep their eye focused on such things. Also note that there are 4 sheets = in the=20 workbook, though this is easy to overlook. The first sheet has the = listed=20 stocks, but others include a list of stocks dropped from the list, a = summary of=20 stocks by sector, and a sheet with misc. links for free info on the = web.
 
If you'd like to look at last month's hunting list, you will find = it=20 at:
 
http:= //WallStreet-LLC.com/canslim/CANSLIMHunting101802.xls or
http:= //WallStreet-LLC.com/canslim/CANSLIMHunting101802.zip
 
This month there are 476 names, up a whopping = 105 names from=20 the list I posted last month just after the FTD.  This = month, 125=20  names fell from the list, 230 new names came on board and 246 = names are=20 repeats. Though rotation on the list is still fairly severe, the large = number of=20 repeats does show some marked improvement over what I've seen in the = last year.=20 It's an encouraging sign that money seems to continue to flow out of = defensive=20 names such as REITS, Mining and Healthcare (hospitals/HMO's) and = into=20 growth areas such as Healthcare equipment/instruments and Business = Sevices. Of=20 particular note this month is the high representation of media stocks. = As a sign=20 of *economic* strength (though not necessarily market strength), this is = very=20 important. 19 names show on the list and represent both print and = broadcast=20 media. AOL also announced recently that they see a strengthening demand = for=20 advertising. This is an important sign, because media is typically one = of the=20 strong sectors leading out of economic reversionary periods. As the = market is a=20 discounting mechanism, this then bodes well. Other areas with good=20 representation are telecom (select cellular and equipment companies), = computer=20 services and business services. I don't see it as particularly troubling = that=20 more retailers don't show on the list. The consumer stocks have = dominated over=20 the past 20 (or so) years and I don't think it would be out of the = question=20 there would be a substantial secular shift to capital goods and other=20 quasi-cyclical sectors in the future. Tech supports many industries and = great=20 growth stocks don't necessarily have to come from consumer related = businesses=20 (though it is true many growth companies do typically come from = innovative=20 retailers.) It's also interesting to me that Biotech is well represented = on this=20 month's list with 14 names. While this is a high-risk sector, it is = encouraging=20 to see institutional money flow to it. Many believe biotech will be the = most=20 important growth industry going forward. I am also not troubled by the = flow of=20 money *out* of homebuilders and related stocks. Again, the market is a=20 discounting mechanism. That means that if money is flowing out of this = sector,=20 the growth in housing, etc.will decline. People may not be building new = houses=20 at a pace equal to the last 10-15 years in the future, but it's a = fallacy to=20 conclude that the consumer will no longer be healthy and spend money. = The=20 laborers and supporting businesses will shift to other industries as a = result in=20 the same way that they did when the oil industry collapsed in the early = '80's.=20 Take a trip to Houston today and you'll find it a far different city = than it was=20 at that time--still a lot of oil money, but a far more diverse group of=20 businesses than 20 years ago.
 
With a follow-through day under our belts, decent = (though certainly=20 not perfect, and still suspect) action in recent breakouts and a = list of=20 hunting candidates composed of less defensive names and more fully = populated=20 with innovative companies, it's an encouraging sign that we may be in = for an=20 intermediate term rally of some consequence. It's still a jungle out = there....be=20 sure to honor all your buy *and* sell rules!!
 
One last note...I'm aware that there are many who will not use a = list=20 stocks such as this (and rightfully so), but it's always difficult to = tell if=20 the spreadsheet is useful to enough people on the CANSLIM list to = continue to=20 spend the time it takes to prepare each month. As there is no way to = monitor the=20 number of downloads, I'll need some individual feedback to gauge the = value to=20 the list. Tom Worley has often expressed the same sentiment from time to = time=20 given the amount of effort he puts into his weekly Weekend Weeview, so I = am=20 following his lead to get a pulse point.
 
Happy Hunting,
Katherine
- ------=_NextPart_000_02D5_01C293A7.27F87110-- - - - -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, 24 Nov 2002 11:03:55 -0600 From: "Katherine Malm" Subject: Re: [CANSLIM] CANSLIM Hunting List Updated 11/22/02 This is a multi-part message in MIME format. - ------=_NextPart_000_02E0_01C293A9.2E4C65B0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Oops...that should read "leading out of economic recessionary periods" = not "leading out of economic reversionary periods" ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Sunday, November 24, 2002 10:49 AM Subject: [CANSLIM] CANSLIM Hunting List Updated 11/22/02 Hi All, I've uploaded the latest CANSLIM Hunting list to: http://WallStreet-LLC.com/canslim/CANSLIMHunting112202.xls ( a bit = slow to load) http://WallStreet-LLC.com/canslim/CANSLIMHunting112202.zip ( a zipped = version for download) *Please note that these spreadsheets were prepared with Excel 2000 for = Windows. If you have older versions of Excel or use a Mac version, you = will not be able to view them properly. If you do not have Excel, see = http://office.microsoft.com/downloads/2000/xlviewer.aspx for a free = viewer. 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. (Note that if you follow = stricter CANSLIM guidelines, you can use the autofilter feature in each = column and view only Price>=3D$12 (or 15) and AvgVol>=3D100000.) 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. This month I've also added links to = Mike's and (now my!) cwhcharts for each stock which displays U/D volume, = RS Rank, Comparative RS vs. SPX and more. I've also added a couple of = additional columns as an outgrowth of my recent discussion with Eric J = regarding relative outperformance of certain stocks and strength of = potential and current leader stocks. You'll find a column for the RS = Line since the 10/10 market low. If the RS Line (RS compared to S&P500) = has been going up since that date (indicating outperformance relative to = the market), it is indicated with a "+". I've also included a column to = show the % off the 52 week high for those that keep their eye focused on = such things. Also note that there are 4 sheets in the workbook, though = this is easy to overlook. The first sheet has the listed stocks, but = others include a list of stocks dropped from the list, a summary of = stocks by sector, and a sheet with misc. links for free info on the web. If you'd like to look at last month's hunting list, you will find it = at: http://WallStreet-LLC.com/canslim/CANSLIMHunting101802.xls or http://WallStreet-LLC.com/canslim/CANSLIMHunting101802.zip This month there are 476 names, up a whopping 105 names from the list = I posted last month just after the FTD. This month, 125 names fell = from the list, 230 new names came on board and 246 names are repeats. = Though rotation on the list is still fairly severe, the large number of = repeats does show some marked improvement over what I've seen in the = last year. It's an encouraging sign that money seems to continue to flow = out of defensive names such as REITS, Mining and Healthcare = (hospitals/HMO's) and into growth areas such as Healthcare = equipment/instruments and Business Sevices. Of particular note this = month is the high representation of media stocks. As a sign of = *economic* strength (though not necessarily market strength), this is = very important. 19 names show on the list and represent both print and = broadcast media. AOL also announced recently that they see a = strengthening demand for advertising. This is an important sign, because = media is typically one of the strong sectors leading out of economic = reversionary periods. As the market is a discounting mechanism, this = then bodes well. Other areas with good representation are telecom = (select cellular and equipment companies), computer services and = business services. I don't see it as particularly troubling that more = retailers don't show on the list. The consumer stocks have dominated = over the past 20 (or so) years and I don't think it would be out of the = question there would be a substantial secular shift to capital goods and = other quasi-cyclical sectors in the future. Tech supports many = industries and great growth stocks don't necessarily have to come from = consumer related businesses (though it is true many growth companies do = typically come from innovative retailers.) It's also interesting to me = that Biotech is well represented on this month's list with 14 names. = While this is a high-risk sector, it is encouraging to see institutional = money flow to it. Many believe biotech will be the most important growth = industry going forward. I am also not troubled by the flow of money = *out* of homebuilders and related stocks. Again, the market is a = discounting mechanism. That means that if money is flowing out of this = sector, the growth in housing, etc.will decline. People may not be = building new houses at a pace equal to the last 10-15 years in the = future, but it's a fallacy to conclude that the consumer will no longer = be healthy and spend money. The laborers and supporting businesses will = shift to other industries as a result in the same way that they did when = the oil industry collapsed in the early '80's. Take a trip to Houston = today and you'll find it a far different city than it was at that = time--still a lot of oil money, but a far more diverse group of = businesses than 20 years ago. With a follow-through day under our belts, decent (though certainly = not perfect, and still suspect) action in recent breakouts and a list of = hunting candidates composed of less defensive names and more fully = populated with innovative companies, it's an encouraging sign that we = may be in for an intermediate term rally of some consequence. It's still = a jungle out there....be sure to honor all your buy *and* sell rules!! One last note...I'm aware that there are many who will not use a list = stocks such as this (and rightfully so), but it's always difficult to = tell if the spreadsheet is useful to enough people on the CANSLIM list = to continue to spend the time it takes to prepare each month. As there = is no way to monitor the number of downloads, I'll need some individual = feedback to gauge the value to the list. Tom Worley has often expressed = the same sentiment from time to time given the amount of effort he puts = into his weekly Weekend Weeview, so I am following his lead to get a = pulse point. Happy Hunting, Katherine - ------=_NextPart_000_02E0_01C293A9.2E4C65B0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Oops...that should read "leading out of economic = recessionary=20 periods" not "leading out of economic reversionary = periods"
----- Original Message -----
From:=20 Katherine=20 Malm
Sent: Sunday, November 24, 2002 = 10:49=20 AM
Subject: [CANSLIM] CANSLIM = Hunting List=20 Updated 11/22/02

Hi All,
 
I've uploaded the latest CANSLIM Hunting list to:
 
http:= //WallStreet-LLC.com/canslim/CANSLIMHunting112202.xls=20 ( a bit slow to load)
http:= //WallStreet-LLC.com/canslim/CANSLIMHunting112202.zip (=20 a zipped version for download)
*Please note that these spreadsheets were prepared with Excel = 2000 for=20 Windows. If you have older versions of Excel or use a Mac version, you = will=20 not be able to view them properly. If you do not have Excel, see http://= office.microsoft.com/downloads/2000/xlviewer.aspx for=20 a free viewer.
 
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=20 least 60, no more than 15% below the 50 day SMA, and at or above the = 200 day=20 SMA. This is what I consider to be "bare bones" requirements for = CANSLIM=20 quality stocks. (Note that if you follow stricter CANSLIM guidelines, = you can=20 use the autofilter feature in each column and view only = Price>=3D$12 (or 15)=20 and AvgVol>=3D100000.) Other information included is industry name = (slightly=20 different than DGO's names, but close enough!), price, avg vol, and=20  links to graphs and due diligence sites on the internet. This = month I've=20 also added links to Mike's and (now my!) cwhcharts for each stock = which=20 displays U/D volume, RS Rank, Comparative RS vs. SPX and more. I've = also added=20 a couple of additional columns as an outgrowth of my recent discussion = with=20 Eric J regarding relative outperformance of certain stocks and = strength of=20 potential and current leader stocks. You'll find a column for the RS = Line=20 since the 10/10 market low. If the RS Line (RS compared to S&P500) = has=20 been going up since that date (indicating outperformance relative to = the=20 market), it is indicated with a "+". I've also included a column to = show the %=20 off the 52 week high for those that keep their eye focused on such = things.=20 Also note that there are 4 sheets in the workbook, though this is easy = to=20 overlook. The first sheet has the listed stocks, but others include a = list of=20 stocks dropped from the list, a summary of stocks by sector, and a = sheet with=20 misc. links for free info on the web.
 
If you'd like to look at last month's hunting list, you will find = it=20 at:
 
http:= //WallStreet-LLC.com/canslim/CANSLIMHunting101802.xls or
http:= //WallStreet-LLC.com/canslim/CANSLIMHunting101802.zip
 
This month there are 476 names, up a whopping = 105 names=20 from the list I posted last month just after the FTD.  This=20 month, 125  names fell from the list, 230 new names came on = board=20 and 246 names are repeats. Though rotation on the list is still fairly = severe,=20 the large number of repeats does show some marked improvement over = what I've=20 seen in the last year. It's an encouraging sign that money seems to = continue=20 to flow out of defensive names such as REITS, Mining and Healthcare=20 (hospitals/HMO's) and into growth areas such as Healthcare=20 equipment/instruments and Business Sevices. Of particular note this = month is=20 the high representation of media stocks. As a sign of *economic* = strength=20 (though not necessarily market strength), this is very important. 19 = names=20 show on the list and represent both print and broadcast media. AOL = also=20 announced recently that they see a strengthening demand for = advertising. This=20 is an important sign, because media is typically one of the strong = sectors=20 leading out of economic reversionary periods. As the market is a = discounting=20 mechanism, this then bodes well. Other areas with good representation = are=20 telecom (select cellular and equipment companies), computer services = and=20 business services. I don't see it as particularly troubling that more=20 retailers don't show on the list. The consumer stocks have dominated = over the=20 past 20 (or so) years and I don't think it would be out of the = question there=20 would be a substantial secular shift to capital goods and other = quasi-cyclical=20 sectors in the future. Tech supports many industries and great growth = stocks=20 don't necessarily have to come from consumer related businesses = (though it is=20 true many growth companies do typically come from innovative = retailers.) It's=20 also interesting to me that Biotech is well represented on this = month's list=20 with 14 names. While this is a high-risk sector, it is encouraging to = see=20 institutional money flow to it. Many believe biotech will be the most=20 important growth industry going forward. I am also not troubled by the = flow of=20 money *out* of homebuilders and related stocks. Again, the market is a = discounting mechanism. That means that if money is flowing out of this = sector,=20 the growth in housing, etc.will decline. People may not be building = new houses=20 at a pace equal to the last 10-15 years in the future, but it's a = fallacy to=20 conclude that the consumer will no longer be healthy and spend money. = The=20 laborers and supporting businesses will shift to other industries as a = result=20 in the same way that they did when the oil industry collapsed in the = early=20 '80's. Take a trip to Houston today and you'll find it a far different = city=20 than it was at that time--still a lot of oil money, but a far more = diverse=20 group of businesses than 20 years ago.
 
With a follow-through day under our belts, decent = (though certainly=20 not perfect, and still suspect) action in recent breakouts and a = list of=20 hunting candidates composed of less defensive names and more fully = populated=20 with innovative companies, it's an encouraging sign that we may be in = for an=20 intermediate term rally of some consequence. It's still a jungle out=20 there....be sure to honor all your buy *and* sell rules!!
 
One last note...I'm aware that there are many who will not use a = list=20 stocks such as this (and rightfully so), but it's always difficult to = tell if=20 the spreadsheet is useful to enough people on the CANSLIM list to = continue to=20 spend the time it takes to prepare each month. As there is no way to = monitor=20 the number of downloads, I'll need some individual feedback to gauge = the value=20 to the list. Tom Worley has often expressed the same sentiment from = time to=20 time given the amount of effort he puts into his weekly Weekend = Weeview, so I=20 am following his lead to get a pulse point.
 
Happy Hunting,
Katherine
- ------=_NextPart_000_02E0_01C293A9.2E4C65B0-- - - - -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, 24 Nov 2002 12:10:29 EST From: Davellil5@aol.com Subject: Re: [CANSLIM] Shorting - - - -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, 24 Nov 2002 12:10:31 EST From: Davellil5@aol.com Subject: Re: [CANSLIM] Shorting - - - -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, 24 Nov 2002 12:10:23 EST From: Davellil5@aol.com Subject: Re: [CANSLIM] Shorting - - - -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, 24 Nov 2002 12:10:27 EST From: Davellil5@aol.com Subject: Re: [CANSLIM] Shorting - - - -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, 24 Nov 2002 12:10:37 EST From: Davellil5@aol.com Subject: Re: [CANSLIM] Shorting - - - -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, 24 Nov 2002 12:10:25 EST From: Davellil5@aol.com Subject: Re: [CANSLIM] Shorting - - - -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, 24 Nov 2002 12:10:40 EST From: Davellil5@aol.com Subject: Re: [CANSLIM] Shorting - - - -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, 24 Nov 2002 12:10:42 EST From: Davellil5@aol.com Subject: Re: [CANSLIM] Shorting - - - -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, 24 Nov 2002 12:10:59 EST From: Davellil5@aol.com Subject: Re: [CANSLIM] What's with KLIC??? - - - -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, 24 Nov 2002 12:11:14 EST From: Davellil5@aol.com Subject: Re: [CANSLIM] What's with KLIC??? - - - -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, 24 Nov 2002 12:13:04 -0500 From: "Tom Worley" Subject: Re: [CANSLIM] Shorting are you trying to tell us something, or is your 3 year old having fun clicking on the reply key?? - ----- Original Message ----- From: To: Sent: Sunday, November 24, 2002 12:10 PM Subject: Re: [CANSLIM] Shorting - - - -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 #3052 ****************************** 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.