From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #3241 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, March 24 2003 Volume 02 : Number 3241 In this issue: Re: [CANSLIM] ANSI Re: [CANSLIM] Worley's Weekend Weeview Re: [CANSLIM] Worley's Weekend Weeview Re: [CANSLIM] Worley's Weekend Weeview Re: [CANSLIM] Worley's Weekend Weeview Re: [CANSLIM] Why Not Use WallStreetCity for Industry Groups - smaller version Re: [CANSLIM] more breakouts [CANSLIM] 50 ADV for NYSE and NASD Re: [CANSLIM] 50 ADV for NYSE and NASD ---------------------------------------------------------------------- Date: Sun, 23 Mar 2003 21:50:10 EST From: Spencer48@aol.com Subject: Re: [CANSLIM] ANSI Peter: Just my observation: ANSI's day chart shows weak divergence in the RS-Line compared with its 2/20 $39.35 previous peak. That and the fact that volume is trending down compared with its 2 previous peaks would lead me to view ANSI warily (especially if I already had profits at this stage). 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, 23 Mar 2003 20:42:28 -0700 From: "Rolf Hertenstein" Subject: Re: [CANSLIM] Worley's Weekend Weeview This is a multi-part message in MIME format. - ------=_NextPart_000_0045_01C2F17C.B7BC39C0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi Tom - Thanks for the Weev (this and past weeks). What do you mean by = the best day in 20 years? I can't come up with a specific date, but = seems to me in the 90s there were the occasional 5%+ days. Rolf - -------------------------------------------------------------------------= - ----- "M" After 8 straight days of positive numbers in the market (including the = best day in 20 years, and one of the best weeks in 4 or so years), how = much longer can the rally last? If you were not ready with your watch = list, or are not already fully invested, is it too late? There are = indications that much money is still sidelined by institutional = managers, and could be pumped in next week, in part for the last week of = window dressing.=20 - ------=_NextPart_000_0045_01C2F17C.B7BC39C0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable

Hi Tom - Thanks for the Weev (this and = past=20 weeks). What do you mean by the best day in 20 years? I = can't come=20 up with a specific date, but seems to me in the 90s there were the = occasional=20 5%+ days.

Rolf

"M"

After 8 straight days of positive numbers in = the market=20 (including the best day in 20 years, and one of the best weeks in 4 or = so=20 years), how much longer can the rally last? If you were not ready with = your=20 watch list, or are not already fully invested, is it too late? There = are=20 indications that much money is still sidelined by institutional = managers, and=20 could be pumped in next week, in part for the last week of window = dressing.=20

- ------=_NextPart_000_0045_01C2F17C.B7BC39C0-- - - - -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, 23 Mar 2003 19:51:21 -0800 From: "NANCY POLCARO" Subject: Re: [CANSLIM] Worley's Weekend Weeview - ------=_NextPart_001_0002_01C2F175.93EDD460 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Tom-sorry to bother you about this but where is you VR fund please?? nanc= y - ----- Original Message ----- From: Rolf Hertenstein Sent: Sunday, March 23, 2003 7:35 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] Worley's Weekend Weeview Hi Tom - Thanks for the Weev (this and past weeks). What do you mean by = the best day in 20 years? I can't come up with a specific date, but seem= s to me in the 90s there were the occasional 5%+ days. Rolf "M" After 8 straight days of positive numbers in the market (including the be= st day in 20 years, and one of the best weeks in 4 or so years), how much= longer can the rally last? If you were not ready with your watch list, o= r are not already fully invested, is it too late? There are indications t= hat much money is still sidelined by institutional managers, and could be= pumped in next week, in part for the last week of window dressing. =20 - ------=_NextPart_001_0002_01C2F175.93EDD460 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable

Tom-sorry to bother you about this but wh= ere is you VR fund please?? nancy

----- Original Message -----

From: Rolf Hertenstein

Sent: Sunday, March 23, 2003 7:35 PM
To: canslim@lists.xmission.com
Subject: Re: [CANSLIM] Worley= 's Weekend Weeview

Hi Tom - Thanks for the Weev (this and past weeks). What do you m= ean by the best day in 20 years? I can't come up with a specific da= te, but seems to me in the 90s there were the occasional 5%+ days.=

Rolf

"M"

After 8 straight days of positive numbers in the market = (including the best day in 20 years, and one of the best weeks in 4 or so= years), how much longer can the rally last? If you were not ready with y= our watch list, or are not already fully invested, is it too late? There = are indications that much money is still sidelined by institutional manag= ers, and could be pumped in next week, in part for the last week of windo= w dressing.

- ------=_NextPart_001_0002_01C2F175.93EDD460-- - - - -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, 23 Mar 2003 23:29:12 -0500 From: "Tom Worley" Subject: Re: [CANSLIM] Worley's Weekend Weeview This is a multi-part message in MIME format. - ------=_NextPart_000_00E4_01C2F194.031B4D90 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Nancy, the fund is at marketocracy.com, but unless I make the top 100 in = ranking, it's not publicly accessible. - ----- Original Message -----=20 From: NANCY POLCARO=20 To: canslim=20 Sent: Sunday, March 23, 2003 10:51 PM Subject: Re: [CANSLIM] Worley's Weekend Weeview Tom-sorry to bother you about this but where is you VR fund please?? = nancy ----- Original Message ----- From: Rolf Hertenstein Sent: Sunday, March 23, 2003 7:35 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] Worley's Weekend Weeview Hi Tom - Thanks for the Weev (this and past weeks). What do you mean = by the best day in 20 years? I can't come up with a specific date, but = seems to me in the 90s there were the occasional 5%+ days. Rolf - -------------------------------------------------------------------------= - --- "M" After 8 straight days of positive numbers in the market (including = the best day in 20 years, and one of the best weeks in 4 or so years), = how much longer can the rally last? If you were not ready with your = watch list, or are not already fully invested, is it too late? There are = indications that much money is still sidelined by institutional = managers, and could be pumped in next week, in part for the last week of = window dressing. - ------=_NextPart_000_00E4_01C2F194.031B4D90 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable

Nancy, the fund is at marketocracy.com, = but unless=20 I make the top 100 in ranking, it's not publicly = accessible.

----- Original Message -----=20

From: NANCY = POLCARO

To: canslim

Sent: Sunday, March 23, 2003 10:51 PM

Subject: Re: [CANSLIM] Worley's Weekend Weeview

Tom-sorry to bother you about this but where is you VR fund = please??=20 nancy

----- Original Message -----

From:=20 Rolf Hertenstein

Sent: Sunday, March 23, 2003 = 7:35=20 PM

To: canslim@lists.xmission.com=

Subject: Re: [CANSLIM] Worley's = Weekend=20 Weeview

Hi Tom - Thanks for the Weev (this = and past=20 weeks). What do you mean by the best day in 20 years? I = can't come=20 up with a specific date, but seems to me in the 90s there were the = occasional=20 5%+ days.

Rolf

"M"

After 8 straight days of positive numbers in = the=20 market (including the best day in 20 years, and one of the best = weeks in 4=20 or so years), how much longer can the rally last? If you were not = ready with=20 your watch list, or are not already fully invested, is it too late? = There=20 are indications that much money is still sidelined by institutional=20 managers, and could be pumped in next week, in part for the last = week of=20 window dressing. =

- ------=_NextPart_000_00E4_01C2F194.031B4D90-- - - - -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, 23 Mar 2003 23:28:30 -0500 From: "Tom Worley" Subject: Re: [CANSLIM] Worley's Weekend Weeview This is a multi-part message in MIME format. - ------=_NextPart_000_00DB_01C2F193.E98F89E0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable sorry Rolf, should have checked my notes a little closer. It was the = best week (not day) (up 8.4% on the DOW) in 20 years, and Friday was one = of the best days in about 4 years. - ----- Original Message -----=20 From: Rolf Hertenstein=20 To: canslim@lists.xmission.com=20 Sent: Sunday, March 23, 2003 10:42 PM Subject: Re: [CANSLIM] Worley's Weekend Weeview Hi Tom - Thanks for the Weev (this and past weeks). What do you mean by = the best day in 20 years? I can't come up with a specific date, but = seems to me in the 90s there were the occasional 5%+ days. Rolf - -------------------------------------------------------------------------= - ----- "M" After 8 straight days of positive numbers in the market (including the = best day in 20 years, and one of the best weeks in 4 or so years), how = much longer can the rally last? If you were not ready with your watch = list, or are not already fully invested, is it too late? There are = indications that much money is still sidelined by institutional = managers, and could be pumped in next week, in part for the last week of = window dressing. - ------=_NextPart_000_00DB_01C2F193.E98F89E0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable

sorry Rolf, should have checked my notes a = little closer.=20 It was the best week (not day) (up 8.4% on the DOW) in 20 years, and = Friday was=20 one of the best days in about 4 years.

----- Original Message -----=20

From: Rolf=20 Hertenstein

To: canslim@lists.xmission.com=

Sent: Sunday, March 23, 2003 10:42 PM

Subject: Re: [CANSLIM] Worley's Weekend Weeview

Rolf

"M"

After 8 straight days of positive numbers in = the market=20 (including the best day in 20 years, and one of the best weeks in 4 or = so=20 years), how much longer can the rally last? If you were not ready with = your=20 watch list, or are not already fully invested, is it too late? There = are=20 indications that much money is still sidelined by institutional = managers, and=20 could be pumped in next week, in part for the last week of window = dressing.=20

- ------=_NextPart_000_00DB_01C2F193.E98F89E0-- - - - -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, 23 Mar 2003 22:55:42 -0600 From: "Randy Harmelink" Subject: Re: [CANSLIM] Why Not Use WallStreetCity for Industry Groups - smaller version This is a multi-part message in MIME format. - ------=_NextPart_000_01CF_01C2F18F.556CB480 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Try these: http://host.wallstreetcity.com/wsc2/Industry_Group_Analysis.html?Button=3D= BEST&Range=3D6&Symbol=3D.ALL&template=3Dindbest.htm http://www2.barchart.com/secmoves.asp?sort=3D&what=3Dsix_month&start=3Dal= l http://bigcharts.marketwatch.com/industry/bigcharts-com/default.asp?bcind= _compidx=3D&bcind_period=3D6mo ----- Original Message -----=20 From: NANCY POLCARO=20 To: canslim=20 Sent: Thursday, March 13, 2003 2:57 PM Subject: Re: [CANSLIM] Why Not Use WallStreetCity for Industry Groups = - - smaller version great site gene-I looked but didnt see what Im looking for. I found = the industry groups and all the stocks with in them, but not the groups = advance or decline monthly over the last 6 months or year-did I miss = it?? Thanks again nancy - ------=_NextPart_000_01CF_01C2F18F.556CB480 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable

Try these:

http://host.wallstreetcity.com/wsc2/Industry_Group_Analysis.html?Button=3D= BEST&Range=3D6&Symbol=3D.ALL&template=3Dindbest.htm

http://www2.barchart.com/secmoves.asp?sort=3D&what= =3Dsix_month&start=3Dall

http://bigcharts.marketwatch.= com/industry/bigcharts-com/default.asp?bcind_compidx=3D&bcind_period=3D= 6mo

----- Original Message -----

From:=20 NANCY = POLCARO=20

To: canslim

Sent: Thursday, March 13, 2003 = 2:57=20 PM

Subject: Re: [CANSLIM] Why Not = Use=20 WallStreetCity for Industry Groups - smaller version

great site gene-I looked but didnt see what Im looking for. I = found the=20 industry groups and all the stocks with in them, but not the groups = advance or=20 decline monthly over the last 6 months or year-did I miss it?? Thanks = again=20 nancy

- ------=_NextPart_000_01CF_01C2F18F.556CB480-- - - - -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, 24 Mar 2003 09:48:16 -0800 From: Ian Subject: Re: [CANSLIM] more breakouts Hi Mike: It is interesting to me that there is not really strong evidence of disproportionate short-covering in your breakout list. (My own watch lists all had huge gainers in heavily shorted positions on Friday). Here is the data for the stocks on your list (from Feb 10 NYSE Short Interest): Symbol Shares Short % of Float Days to Cover - ------------ --------------------- ------------ ---------- - ------- KWD 974,000 4.2 6.81 VIP 1,030,000 3.2 4.47 ABV 1,160,000 0.4 3.57 ACTI 392,000 1.0 3.47 ALTR 12,500,000 3.3 1.36 CYBX 841,000 4.2 5.13 IBM 25,600,000 1.5 2.94 ITU 539,000 0.3 4.95 JEC 1,980,000 4.2 6.45 LLTC 11,000,000 3.5 1.66 POWI 3,030,000 10.8 3.61 RCII 2,090,000 13.9 3.16 SBUX 13,800,000 3.7 3.07 SRCL 4,420,000 15.4 10.35 SRNA 3,750,000 17.2 9.14 DRTE 868,000 2.4 5.71 FLR 1,990,000 2.6 5.19 SNDK 10,800,000 16.5 3.05 TNOX 801,000 3.7 5.24 POWI, RCII, SRCL, SRNA and SNDK are the only ones with exceptionally high short positions as a % of their float. KWD, JEC, SRCL and SRNA have the highest short ratio. So on balance, SRCL and SRNA are really the only two that I would question as to whether or not the buying is being driven by short-covering. (Which isn't necessarily a bad thing, except when it appears to be the primary driving force of the broad market, IMHO.) We never did get to properly test the 40-week EMA on the OEX today. I still look at that level as the strongest test for the broad market, as it has been a hard ceiling since the beginning of this bear. Cheers, Ian PS - I cannot help but thinking that you guys are really on to something as a list of longs when the breakouts suceed on sustained higher volume, and great shorts when the breakouts fail and the charts are very sloppy. - ----- Original Message ----- From: Mike Gibbons To: Sent: Friday, March 21, 2003 3:12 PM Subject: RE: [CANSLIM] more breakouts > Ian, > > We do not normally release our breakout alerts as they are proprietary, as > Mike Niemotka has already explained. However, in view of your posing the > possibility that an unusually high number of breakouts today are a result of > short covering, I'll post the list of alerts issued today and their status > at market close. I would be very interested to hear what the verdict is on > short covering. > > Symbol BoP Close BoV Volume Status > ------ --- ----- --- ------ ------ > KWD 29.60 29.73 275337 293600 Breakout Sustained > VIP 38.79 39.38 387123 337900 Insufficient volume > ABV 16.48 16.58 586101 602700 Breakout Sustained > ACTI 9.61 9.40 426648 673002 Failed on price > ALTR 15.15 15.20 12922464 15548002 Breakout Sustained > CYBX 20.00 19.97 261645 271400 Failed on price > IBM 83.50 84.90 12962175 12525300 Insufficient volume > ITU 25.90 27.13 152772 104600 Insufficient volume > JEC 42.44 41.97 511167 844700 Failed on price > LLTC 34.87 34.91 10076322 8493255 Insufficient volume > POWI 23.48 23.86 1156207 1187187 Breakout Sustained > RCII 54.60 56.60 819613 476944 Insufficient volume > SBUX 25.75 26.35 6397516 6129293 Insufficient volume > SRCL 38.79 39.42 629319 622635 Insufficient volume > SRNA 16.00 16.35 675135 1066951 Breakout Sustained > DRTE 10.13 9.67 255486 133140 Failed on price Insufficient > volume > FLR 34.25 34.99 729579 847000 Breakout Sustained > SNDK 20.85 20.47 4619439 3520486 Failed on price Insufficient > volume > TNOX 11.60 11.16 207510 455745 Failed on price > > Please note that these are stocks breaking out from a CwH pattern, not > breakouts from any other kind of base. > > 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 Ian > Sent: Friday, March 21, 2003 12:21 PM > To: canslim@lists.xmission.com > Subject: Re: [CANSLIM] more breakouts > > > Hi Mike: > > May I ask if all 8 of them were heavily shorted issues? The reason I ask is > that I'm still seeing most of the action in the stocks with the largest > short positions. I'm not sure what CANSLIM has to say about it, but my gut > tells me that it implies extra caution. Is it permitted to share todays > 'breakouts' with this list, or is that proprietary information? > > > Also, since the initial market breakdown in September 2000, the 40-week ema > of the OEX has provided a ceiling for every single bear-market rally. > (http://bigcharts.marketwatch.com/intchart/frames/main.asp?time=10&freq=2&co > mpidx=aaaaa%3A0&comp=&ma=6&maval=13%2C40%2C200&uf=8&lf=268435456&lf2=4&lf3=8 > &type=2&style=320&size=4&sid=0&o_symb=&startdate=&enddate=&show=true&symb=oe > x&draw.x=54&draw.y=14) > > As we stand now with the OEX at 456, that ceiling is a meagre 5 points away > right now. I would argue for close market scurtiny at that level. > > > Cheers, > > Ian > > > > > > > > ----- Original Message ----- > From: > To: > Sent: Friday, March 21, 2003 7:16 AM > Subject: [CANSLIM] more breakouts > > > > All, > > > > For anyone who is using the cwhcharts.com site, today there are already 8 > > breakout alerts! Does this mean that M is finally taking off? I have > > noticed though that none of the recent ones are from the WON lists, and am > > wondering if that should be a reason for caution. > > > > Katherine, any comments? > > > > Thanks > > > > 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. ------------------------------ Date: Mon, 24 Mar 2003 18:07:40 -0700 From: "Rolf Hertenstein" Subject: [CANSLIM] 50 ADV for NYSE and NASD Hello all - Is the 50-day average volume for the exchanges available online free anywhere? I'm looking for a number, but a barchart with the 50-day would do. A number is wanted since I'd like to go back a few weeks and know the 50 ADV on, e.g., March 10 of this year. Thanks! Rolf - - - -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, 24 Mar 2003 22:35:34 -0800 From: Ian Subject: Re: [CANSLIM] 50 ADV for NYSE and NASD Hi Rolf: Go to Interactive Charting at bigcharts.com. Eg: http://bigcharts.marketwatch.com/intchart/frames/frames.asp?symb=nasdaq&time =8&freq=1 Just enter EMA or SMA, and 50 in the frequency box beside it. Cheers, Ian - ----- Original Message ----- From: Rolf Hertenstein To: Sent: Monday, March 24, 2003 5:07 PM Subject: [CANSLIM] 50 ADV for NYSE and NASD > Hello all - > > Is the 50-day average volume for the exchanges available online free > anywhere? I'm looking for a number, but a barchart with the 50-day would > do. A number is wanted since I'd like to go back a few weeks and know the > 50 ADV on, e.g., March 10 of this year. > > Thanks! > Rolf > > > - > -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 #3241 ****************************** 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.