From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #3306 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 Saturday, May 10 2003 Volume 02 : Number 3306 In this issue: RE: [CANSLIM] Tom Worley Re: [CANSLIM] A good posting from Tom Worlye (from 5 years ago) Re: [CANSLIM] Tom Worley: Tragic Announcement RE: [CANSLIM] Tom Worley: Tragic Announcement ---------------------------------------------------------------------- Date: Sat, 10 May 2003 09:24:57 -0400 From: surindra Subject: RE: [CANSLIM] Tom Worley This is a multi-part message in MIME format. - ------=_NextPart_000_0034_01C316D6.06936040 Content-Type: text/plain; charset="US-ASCII" Content-Transfer-Encoding: 7bit It is very nice of you Katherine. For the old timers on this list (I know Katherine is not), this canslim list was preceded by a canslim list on yahoo and last four messages on that list are from Tom. You can view at http://groups.yahoo.com/group/canslim/ Regards Surindra - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com] On Behalf Of Katherine Malm Sent: Saturday, May 10, 2003 9:01 AM To: Canslim@Lists.Xmission.Com Subject: [CANSLIM] Tom Worley Hi All, Yesterday I had the pleasure of speaking with Tom's sister, Sister Elizabeth Worley, a nun and the Chairman of the Board of the Hospital where she works! She was unaware of Tom's association with our community and was delighted to hear that he touched so many lives. She also shared with me that, despite living in the same city, she herself most often "talked" with Tom via email because he was "an electronic communicator" and loved spending time on the internet. When I mentioned I'd teased Tom about spending so much time online, she said that he really spent his time in one of three ways, working (remember all those 80 hour work weeks he'd describe?), communicating with others on the internet, and sailing. Tom was buried at sea and his sailboat will be donated to a group in Miami that teaches the blind to sail. What an incredible person he was, still giving to others even after he is gone. I miss him. I have forwarded copies of your many heartfelt messages to Sister Elizabeth and she is looking forward to sharing these with Tom's older brother, Frank, and his son, Michael. As Tom was educated in parochial school by the Sisters of St. Joseph, she has asked that if you wish to make a donation in his memory, you can do so by sending it to: Sisters of St. Joseph Attn: Ann Kuhn PO Box 3506 St. Augustine, Florida 32085-3506 - --Katherine - ------=_NextPart_000_0034_01C316D6.06936040 Content-Type: text/html; charset="US-ASCII" Content-Transfer-Encoding: quoted-printable

It is very nice of you = Katherine.

 

For the old timers on this list (I know Katherine is = not), this canslim list was preceded by a canslim list on yahoo and last four messages on that list are from Tom.

 

You can view at http://groups.yahoo.com/g= roup/canslim/

 

 

 

Regards

 

Surindra

 

-----Original = Message-----
From: owner-canslim@lists.xmission.com = [mailto:owner-canslim@lists.xmission.com] On Behalf Of Katherine Malm
Sent: = Saturday, May 10, = 2003 9:01 AM
To: = Canslim@Lists.Xmission.Com
Subject: [CANSLIM] Tom = Worley

 

Hi All,

 

Yesterday I had the pleasure of speaking with = Tom's sister, Sister Elizabeth Worley, a nun and the Chairman of the Board of = the Hospital where she works! She was unaware of Tom's association with our = community and was delighted to hear that he touched so many lives. She also shared = with me that, despite living in the same city, she herself most often "talked" with Tom via email because he was "an electronic communicator" and loved spending time on the internet. When I = mentioned I'd teased Tom about spending so much time online, she said that he = really spent his time in one of three ways, working (remember all those 80 hour = work weeks he'd describe?), communicating with others on the internet, and = sailing. Tom was buried at sea and his sailboat will be donated to a group in = Miami that teaches the blind to sail. What an incredible person he was, still = giving to others even after he is gone. I miss him.

 

I have forwarded copies of your many = heartfelt messages to Sister Elizabeth and she is looking forward to sharing these with = Tom's older brother, Frank, and his son, Michael. As Tom was educated in = parochial school by the Sisters of St. Joseph, she has asked that if you wish to = make a donation in his memory, you can do so by sending it = to:

 

Sisters of = St. Joseph

Attn: Ann Kuhn

PO = Box 3506

St. = Augustine, Florida

32085-3506

 

 

--Katherine

- ------=_NextPart_000_0034_01C316D6.06936040-- - - - -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: Sat, 10 May 2003 20:51:43 +0700 From: Peter Christiansen Subject: Re: [CANSLIM] A good posting from Tom Worlye (from 5 years ago) By the way, Dave.  I have just forwarded this on to a good friend that is just getting into the markets, and having a tough time.  I think he will appreciate it.

Peter

Dave Cameron wrote:
When I began my personal transition from a pure fundamentalist to
  
adding a TA approach, it was because pure fundamentalism didn't
    
work, at
  
least in the short term. Too often I saw a stock report earnings up
    
20 or
  
30% over the prior year, yet go down. I spent a lot of time, and
    
money,
  
finally figuring out that it was expectations that drove the mkt in
    
the
  
short, and even long, term. Over the years I began to question why
    
the mkt
  
did what it did, things like increased employment being bad for the
    
mkt
  
despite reduced welfare costs and increased consumer spending. Took
    
me a
  
while to grasp how the fear of inflation was greater than the
    
effect of
  
improved employment (course, now that I finally understand it, it
    
doesn't
  
seem to apply as well).

Today, I use both a fundamental and a technical approach both to
    
individual
  
stocks and the mkt at large. Because of my curiousity about the
    
influences
  
on the mkt, I have developed a heavy bias on economics. I consider
    
myself
  
knowledgable, intelligent, and with over 40 years experience in the
    
mkt,
  
including seven as a broker and three running the "back office" of
    
a
  
securities firm. I have been learning and using CANSLIM for over
    
seven
  
years, and have received not only training from WON associates but
    
for a
  
time got his institutional picks.

I went thru a period when I essentially dismissed my basic
    
fundamental
  
approach and was little more than a WON groupie, whatever the
    
master guru
  
thought I should do, I did. And I learned that, like I, he is not
    
perfect in
  
forecasting the mkt or individual stocks (altho his success rate is
    
better).
  
Can I forecast what the mkt will do 3, 6 or 12 months out? No, nor
    
do I
  
claim to. There are far too many influences on the mkt direction,
    
including
  
human psychology shaped by many sources including airhead media
    
commentators
  
(script readers).

What I can and do give freely to this group is my experience, made
    
somewhat
  
unique by my occupation within the securities industry. I have
    
learned the
  
hard way things like a reverse split is usually bad and you are
    
better off
  
selling; if the mkt closes strongly on volume at either the high or
    
low end
  
of that day's range it will likely follow thru the next day in the
    
same
  
direction; just because a stock is cheap doesn't mean it can't get
    
cheaper
  
and it is better to wait for an uptrend to be developed; etc etc. I
    
have
  
learned the cost of entering mkt orders at the open, and am now
    
developing a
  
feel for when and how to enter  limit orders within the spread
    
under the new
  
Order Display rules.

As one of the early members of this group, it has been my
    
experience that
  
postings of new stock picks tends to be highest when the mkt does
    
well and
  
the trend is obvious, little discussion takes place on where the
    
mkt is
  
likely to go. When the mkt is chaotic, that's when more opinions
    
and
  
questions start surfacing about "M". It's a time for discussion,
questioning, opinions, education, and sitting on cash till each
    
individual
  
is confident of what he should do for his investments.

CS principles should not be abandoned, but I do not agree with
    
selling
  
everything because "M" looks ugly. Let your individual stops take
    
you out
  
according to the rules you have developed from CS principles. One
    
thing I
  
learned the hard way is that there are no absolute rules in this.
    
Each
  
person develops his or her own application of CANSLIM philosophy as
    
it suits
  
their comfort level.

So long as I continue to get feedback from the members of this
    
group that I
  
am contributing something worthwhile, I don't intend to change.
    
Because I am
  
licensed and regulated, I still must be restrained in what I say,
    
even
  
within a private group such as ours. But I doubt the SEC or NASD
    
would
  
object to my efforts to educate and inform. I disagree strongly
    
that I
  
ignore WON's views on "M", in fact you seem to have disagreed
    
entirely with
  
his views on Thursday's action as presented in IBD (I doubt that
    
was
  
published without his approval). We got the confirmatory day very
    
late, but
  
we got it. And Friday would seem to further confirm it both with a
    
further
  
1% gain on NYSE and NASDAQ, even without a substantial increase in
    
volume to
  
the upside. Interestingly, this seems to have caused Connie's
    
indicators to
  
go negative. Don't know if this just means it's no longer a good
    
enviroment
  
for day traders, or also bad for CANSLIM. VIX did drop by over 10%,
    
but at
  
33.04 it's still a long way over 20. Some months ago, well before
    
the Asian
  
crises broke, I espoused the opinion that the volatility would be
    
much
  
greater for the balance of the year. So far that is proving
    
correct, and I
  
see no reason to change that opinion.

Having now spent so much time on my soap box, what do I think is
    
going on in
  
the mkt?  As I have been saying, I see the mkt consolidating both
    
long and
  
mid term gains as well as a short term correction. At the same time
    
it is
  
absorbing major intl "psychological" influences such as Asia and
    
Latin
  
America, flight to safety in US treasuries, economic reports
    
suggesting a
  
need for the Feds to hike immediately counterbalanced by very
    
bullish
  
reports, gold continuing its bear mkt, strong dollar further
    
reducing export
  
growth but hurting big caps with intl exposure, a shift of money
    
from big
  
caps to small caps and back to big caps, and Iraq stupidly saber
    
rattling.
  
Currently I am looking for a home for the cash I raised over the
    
past
  
several weeks selling my dogs. I expect to be fully invested by the
    
end of
  
the week barring some major event or change in my reading of both
    
the
  
fundamental and technical portrayal of "M". This is what is right
    
for me,
  
and by definition may not be right for even one other member of
    
this fine
  
group. It fits my confidence and comfort level. No other member
    
should make
  
a decision on what I think is right for me.

One of the best comments I heard recently was from Wayne Angell,
    
former Fed
  
governor and now economist at Bear Stearns: "Gold at $310 is a huge
    
vote of
  
confidence in the Feds" (course now it's at $304 after briefly
    
breaking
  
$300, and forecasts now are for 275-280 before the bargain hunters
    
will step
  
in).

Any statements or opinions are strictly my own and not that of my
    
employer.
  
My comments should not be interpreted as a recommendation of any
    
kind. I am
  
a licensed (inactive) broker and an active investor. All investors
    
should do
  
their own research prior to any investment, especially one learned
    
about on
  
the Internet. Hopefully my comments will better inform and educate
    
all
  
investors.
tom w
    

=====
Dave Cameron
dfcameron@yahoo.com

__________________________________
Do you Yahoo!?
The New Yahoo! Search - Faster. Easier. Bingo.
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- -
- -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: Sat, 10 May 2003 11:12:38 EDT From: SACADS@aol.com Subject: Re: [CANSLIM] Tom Worley: Tragic Announcement - --part1_1c8.983b986.2bee70e6_boundary Content-Type: text/plain; charset="US-ASCII" Content-Transfer-Encoding: 7bit Wow! I first read this announcement last week and still cannot seem to grasp the finality of it. Wow. I haven't posted in probably two to three years now and read very few of the posts submitted by the list. Of those posts read a large proportion would have been written by Mr. Worley. I'll never forget our discussions on low float, under $12.00 stocks and the application of CANSLIM to them. I know you're at peace Tom............ Greg George - --part1_1c8.983b986.2bee70e6_boundary Content-Type: text/html; charset="US-ASCII" Content-Transfer-Encoding: quoted-printable Wow!=  I first read this announcement last week and still cannot seem to gra= sp the finality of it.  Wow.  

I haven't posted in probably two to three years now and read very few of= the posts submitted by the list.  Of those posts read a large proporti= on would have been written by Mr. Worley.

I'll never forget our discussions on low float, under $12.00 stocks and=20= the application of CANSLIM to them.  

I know you're at peace Tom............

Greg George - --part1_1c8.983b986.2bee70e6_boundary-- - - - -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: Sat, 10 May 2003 11:08:23 -0700 From: "Jerome Buckmelter" Subject: RE: [CANSLIM] Tom Worley: Tragic Announcement This is a multi-part message in MIME format. - ------=_NextPart_000_0001_01C316E4.7A9ADD70 Content-Type: text/plain; charset="us-ascii" Content-Transfer-Encoding: 7bit I am a lurker who occasionally asks questions or solicits advice. Tom never failed to respond with his personal, valuable insights. One just knew that this guy was a giving person. He cared. As with so many others, I sat at the computer reading Jeff's email, and a tear trickled down my cheek. The announcement was even more shocking since it appears that his death came from the hand of his own son. I'm sure that someone as caring and giving as Tom loved his son. But tragically love is not always reciprocated. God bless you, Tom, and your family. We'll miss you and keep you in our thoughts and prayers. - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com] On Behalf Of Jeff Salisbury Sent: Thursday, May 08, 2003 8:40 AM To: canslim@lists.xmission.com Subject: [CANSLIM] Tom Worley: Tragic Announcement Fellow CANSLIM'rs, With great sadness and regret I reluctantly announce the death of Tom Worley. He was apparently killed in a domestic dispute with his son over this past weekend. He was preceded in death by his sweetheart wife who passed away from cancer a few years ago. I learned of this tragedy when Katherine Malm privately expressed concerns to me that she was unable to contact Tom. I called his office, and when I asked to speak to Tom, was informed of the tragedy. Tom's human resource officer sent me this announcement that was circulated at his office: Please be advised that there will be a Mass honoring Mr. Thomas Worley at Saint Mary's Cathedral on Thursday May 8th, at ten in the morning . Saint Mary's is located on the corner of N.W. 75th Street and N.W. 2nd Avenue. The best way to go is to get off on the N.W. 79th Street exit on I-9. Katherine and I have not yet been able to find an online obituary or newspaper article. However, in memory of Tom, Katherine has found and compiled the following links: http://www.cwhcharts.com/katherine/SmartInvestorWorley.txt http://www.cwhcharts.com/katherine/TomWorley011002.jpg Tom wrote this bio himself: http://www.souza.com/go70/worley.htm I have known Tom for the past decade, corresponding by private email regularly and often. I've also spoken with Tom on occasion by phone. Tom was one of the first half-dozen people who signed up for our CANSLIM email community. Most likely Tom has been a member of our CANSLIM community longer than any other person. Right from the beginning of our CANSLIM community Tom exhibited his paternal instincts towards our membership. Through the years, Tom consistently reached out to every new participant. He would welcome them, and then generously and gently give of his time and talents. Tom was truly the father of our community. In my personal interaction with Tom, I came to know Tom as a sensitive, gentle, and thoughtful soul. Tom, I'll miss you! I hope you are now with your sweetheart wife in a joyful place where there are no more tears, sorrow, or pain. Jeff Salisbury - canslim admin/owner - ------=_NextPart_000_0001_01C316E4.7A9ADD70 Content-Type: text/html; charset="us-ascii" Content-Transfer-Encoding: quoted-printable

I am a lurker who occasionally asks questions or solicits advice.  = Tom never failed to respond with his personal, valuable insights.  One just knew that this guy was = a giving person.  He cared.  As with so many others, I sat = at the computer reading Jeff’s email, and a tear trickled down my = cheek.  The announcement was even more = shocking since it appears that his death came from the hand of his own son.  I’m sure that someone as = caring and giving as Tom loved his son.  But tragically love is not always reciprocated.  God bless you, Tom, and your = family.  We’ll miss you and keep = you in our thoughts and prayers.  

 

-----Original Message-----
From: owner-canslim@lists.xmission.com = [mailto:owner-canslim@lists.xmission.com] On Behalf Of Jeff Salisbury
Sent: = Thursday, May 08, = 2003 8:40 AM
To: = canslim@lists.xmission.com
Subject: [CANSLIM] Tom = Worley: Tragic Announcement

 

Fellow CANSLIM'rs,

With great sadness and regret I reluctantly announce the death of Tom Worley.  He was apparently killed in a domestic dispute with his = son over this past weekend.  He was preceded in death by his sweetheart wife = who passed away from cancer a few years ago.

I learned of this tragedy when Katherine Malm privately expressed = concerns to me that she was unable to contact Tom.  I called his office, and = when I asked to speak to Tom, was informed of the tragedy.  Tom's human = resource officer sent me this announcement that was circulated at his = office:

    Please be advised that = there will be a Mass honoring Mr. Thomas Worley at
    Saint Mary's Cathedral on Thursday May 8th, at ten in = the morning .
    Saint Mary's is located on the corner of N.W. 75th = Street and N.W. 2nd
    Avenue. The best way to go is to get off on the N.W. = 79th Street exit on
    I-9.

Katherine and I have not yet been able to = find an online obituary or newspaper article.  However, in memory of Tom, Katherine has found and compiled the following links:

    http:= //www.cwhcharts.com/katherine/SmartInvestorWorley.txt
    http://ww= w.cwhcharts.com/katherine/TomWorley011002.jpg

 

Tom wrote this bio = himself:


I have known Tom for the past decade, corresponding by private email = regularly and often.  I've also spoken with Tom on occasion by phone.

Tom was one of the first half-dozen people who signed up for our CANSLIM = email community.  Most likely Tom has been a member of our CANSLIM = community longer than any other person.  Right from the beginning of our = CANSLIM community Tom exhibited his paternal instincts towards our = membership.  Through the years, Tom consistently reached out to every new = participant.  He would welcome them, and then generously and gently give of his time = and talents.  Tom was truly the father of our community.

In my personal interaction with Tom, I came to know Tom as a sensitive, = gentle, and thoughtful soul.

Tom, I'll miss you!  I hope you are now with your sweetheart wife = in a joyful place where there are no more tears, sorrow, or pain.

Jeff Salisbury - canslim admin/owner

- ------=_NextPart_000_0001_01C316E4.7A9ADD70-- - - - -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 #3306 ****************************** 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.