From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #3340 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 Thursday, May 29 2003 Volume 02 : Number 3340 In this issue: Re: [CANSLIM] Mid Week Analysis RE: [CANSLIM] BO, too fast too much RE: [CANSLIM] BO, too fast too much RE: [CANSLIM] BO, too fast too much Re: [CANSLIM] Mid Week Analysis ---------------------------------------------------------------------- Date: Thu, 29 May 2003 08:39:13 -0500 From: "Joe McCall" Subject: Re: [CANSLIM] Mid Week Analysis This is a multi-part message in MIME format. - ------=_NextPart_000_0024_01C325BD.C86959E0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Gene, I agree. Please keep us up to-date on your Analysis. Thanks, Joe ----- Original Message -----=20 From: Mike Gibbons=20 To: canslim@lists.xmission.com=20 Sent: Thursday, May 29, 2003 1:23 AM Subject: RE: [CANSLIM] Mid Week Analysis Gene, I see you are now referring to amateur-investors.com analysis as 'my = latest mid-week analysis". This is a step up from your previous posts = that more modestly claimed "our analysis". Congratulations on your promotion, and the excellent quality of your = work, I wish you well. Aloha, Mike Gibbons webmaster, cwhcharts.com. -----Original Message----- From: owner-canslim@lists.xmission.com = [mailto:owner-canslim@lists.xmission.com]On Behalf Of Gene Ricci Sent: Wednesday, May 28, 2003 5:20 PM To: canslim@lists.xmission.com Subject: [CANSLIM] Mid Week Analysis My latest Mid Week Analysis is at = http://www.amateur-investors.com/AII_Mid_Week_Analysis5_28_03.htm Amateur-Investors.Com - ------=_NextPart_000_0024_01C325BD.C86959E0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable

Gene,

I agree. Please keep us up = to-date on=20 your Analysis.

Thanks,

Joe

----- Original Message -----
From:=20 Mike = Gibbons=20
To: canslim@lists.xmission.com=

Sent: Thursday, May 29, 2003 = 1:23=20 AM

Subject: RE: [CANSLIM] Mid Week = Analysis

Gene,

I see you are now referring to amateur-investors.com = analysis as=20 'my latest mid-week analysis". This is a step up from your previous = posts that=20 more modestly claimed "our analysis".

Congratulations on your promotion, and the excellent quality = of your=20 work, I wish you well.

Aloha,

Mike = Gibbons

webmaster, = cwhcharts.com.

-----Original Message-----
From:=20 owner-canslim@lists.xmission.com=20 [mailto:owner-canslim@lists.xmission.com]On Behalf Of Gene=20 Ricci
Sent: Wednesday, May 28, 2003 5:20 PM
To:=20 canslim@lists.xmission.com
Subject: [CANSLIM] Mid Week=20 Analysis

My latest Mid Week Analysis is at = http://www.amateur-investors.com/AII_Mid_Week_Analysis5_28_03.htm

Amateur-Investors.Com

- ------=_NextPart_000_0024_01C325BD.C86959E0-- - - - -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: Thu, 29 May 2003 07:28:19 -0700 (PDT) From: Eric Jaenike Subject: RE: [CANSLIM] BO, too fast too much - --0-590837057-1054218499=:5801 Content-Type: text/plain; charset=us-ascii Katherine and all- I for one think you should be publicizing cwhcharts.com more, not less. Because you are conservative about doing that, let me take this opportunity to do it for you. I've looked through the site, and think it is an excellent resource, both for watch lists generation and analysis. Even if you find only one trade off that service per year, you will recoup the cost, and probably quite a bit more. I have no affiliation with that site nor with Katherine. I just like the work. Eric Katherine Malm wrote: Hi Jeff, The breakout alert service (cwhcharts.com) is one that Mike Gibbons and I developed. My posts here on the list are as an individual CANSLIM investor, so while I mention the service in my reply to Tomas in order to give a complete overview of the options, you can probably understand why I didn't mention it by name. See it at www.cwhcharts.com. I've recently written a new "How to Use our Site" tutorial that gives an overview of using the service in either a 10 or 20 minute a day approach. See it by clicking on the "How to..." menu at the site. It shows how we compile the daily watchlists, provide due diligence info (Canslim Evaluator, Industry Charts, list of Industry Components, etc.), and generate the intraday alerts themselves. We make some of the components, such as the our general charts (with RSRank, U/D ratio, RSLine plotted over time) and the Canslim Evaluator (and imbedded links to our Industry charts and components), available to the CANSLIM list members in limited use as a thanks to those who contribute here. You can also access the forums where there are more general tutorials on subjects such as using RSLines, etc. For the CANSLIM list members: Charts link: http://www.cwhcharts.com/charts/kmchart.php Canslim Evaluator link: http://www.cwhcharts.com/canslim/ You'll notice I use my own charts when annotating my analysis of a stock. That's something Mike developed for me (even before I joined the site) after DailyGraphs Online (DGO) threatened me with legal action for making original annotations on *their* charts and posting them here on the public CANSLIM list. Necessity is ever the mother of invention! That's also our motivation to make our charts available to members here, so that they can feel to use them and annotate them to their heart's content without fear of retribution. If you have any specific questions, please be sure to take them offlist. Katherine - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of jeffwdc Sent: Wednesday, May 28, 2003 4:22 PM To: canslim@lists.xmission.com Subject: RE: [CANSLIM] BO, too fast too much Hi Katherine, Thanks for all the info. you published over the weekend! You mention a Breakout Alert Service. May I ask the name of this service? I'm not ready to subscribe, but it would be nice to know for the future. Best Regards, jeff gasta - --- Katherine Malm wrote: > Hi Tomas, > > I think there are a few different options if you > can't monitor the market > intraday. > > These require that you first select the stocks that > you want to monitor for > breakout, so if something moves that was not on your > radar, then you will > not see it: > > (1) As Bill suggested, set up a buy stop/limit > order. This will be executed > based on price, so you still have to check in > sometime before the end of the > day to ensure that the volume requirements were also > met. If not, then you > have to be willing to sell the position. > > (2) Use an alert system (broker based or stand > alone) that allows you set > price alerts and then sends them to your phone, text > based pager or wireless > PDA. You have to preset the stocks you wish to > monitor and you will have to > be able to interrupt your business at hand to check > in on the market and > make the trade if the projected volume is > sufficient. > > (3) Check in on the market at lunch. If the stocks > you are watching are > nearing a breakout at that point, place a market > order or a buy stop/limit > order. If using a buy stop then you'll need to check > actual volume at day's > end and sell if necessary as with option 1. > > This allows you to look for possible breakouts, even > if the stock wasn't > originally on your radar. The easiest way to find > these is to look for > stocks that close up on the day on volume >=150% of > ADV (either by using the > "Where the Big Money is Flowing" or a technical > program that lets you scan > for stocks): > > (4) Wait until day's end to find stocks that have > broken out and are still > within range (<5%). Advantage is that you will be > able to see the actual > volume in order to confirm the BO. The disadvantage, > as you noted is that > the stock may very well be extended beyond the > buying range and you'll have > to pass and/or wait to see if it pulls back and > provides a second chance > entry. > > This last option does not require that you already > have a stock on your > radar in order to see an attempted breakout > intraday: > > (5) Use a breakouts alert service (there's only one) > that automatically > sends out an intraday alert when a stock in a basing > pattern is breaking > out. This can go to your email, text based pager or > wireless PDA address. > The advantage over any of the other options is that > you do not have to seek > out the stock in question to determine if it is > setting up and when/if it > attempts an intraday breakout, you will be notified. > As with option 1, > however, the intraday alerts are based on projected > volume, so if you choose > to execute an order and end of day volume does not > pan out, you'll have to > be willing to sell the position. Alternately, you > can wait until near > mid-day or near market close to make a buy decision, > but then you risk > missing the breakout price window. > > Katherine > > -----Original Message----- > From: owner-canslim@lists.xmission.com > [mailto:owner-canslim@lists.xmission.com]On Behalf > Of Bill Triffet > Sent: Wednesday, May 28, 2003 9:46 AM > To: canslim@lists.xmission.com > Subject: Re: [CANSLIM] BO, too fast too much > > > Ah the proverbial problem for us folks with > non-investment jobs... > > In the past, When a nice handle has formed, I'd make > a buy/limit order just > above the pivot. I'd then check to see if it > executed. If it did, I'd check > to see if volume is sufficient. If the volume is > low, I'd immediately sell. > > I've also been setting hard stops immediately after > the buy as I've not been > able to track the market as much during the day. > > -- > Bill > > -------Original Message------- > From: Tomas > Sent: 05/27/03 08:55 PM > To: canslim canslim > Subject: [CANSLIM] BO, too fast too much > > > > > Looks like USNA BO from a nice tight flat base > today. > I have been eyeing this stocking, trying to get in > for > awhile. But it is too late at the end of the day > since it rose ~14% today. So, my question is how do > you get a position in when the BO is so strong and > so > fast? I can't be looking at stocks every minute of > the day. > > How do some of you guys do it? Set email alerts? > Maybe something else? How has your alert system > been > working for ya? Any other suggestion? > > Thanks, > tomas > > __________________________________ > Do you Yahoo!? > Yahoo! Calendar - Free online calendar with sync to > Outlook(TM). > http://calendar.yahoo.com > > - > -To subscribe/unsubscribe, email > "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your > email. > > > > - > -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. __________________________________ Do you Yahoo!? Yahoo! Calendar - Free online calendar with sync to Outlook(TM). http://calendar.yahoo.com - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. - --------------------------------- Do you Yahoo!? Free online calendar with sync to Outlook(TM). - --0-590837057-1054218499=:5801 Content-Type: text/html; charset=us-ascii

Katherine and all-

I for one think you should be publicizing cwhcharts.com more, not less. Because you are conservative about doing that, let me take this opportunity to do it for you. I've looked through the site, and think it is an excellent resource, both for watch lists generation and analysis. Even if you find only one trade off that service per year, you will recoup the cost, and probably quite a bit more.

I have no affiliation with that site nor with Katherine. I just like the work.

Eric

Katherine Malm <kmalm@earthlink.net> wrote:

Hi Jeff,

The breakout alert service (cwhcharts.com) is one that Mike Gibbons and I
developed. My posts here on the list are as an individual CANSLIM investor,
so while I mention the service in my reply to Tomas in order to give a
complete overview of the options, you can probably understand why I didn't
mention it by name.

See it at www.cwhcharts.com. I've recently written a new "How to Use our
Site" tutorial that gives an overview of using the service in either a 10 or
20 minute a day approach. See it by clicking on the "How to..." menu at the
site. It shows how we compile the daily watchlists, provide due diligence
info (Canslim Evaluator, Industry Charts, list of Industry Components,
etc.), and generate the intraday alerts themselves.

We make some of the components, such as the our general charts (with RSRank,
U/D ratio, RSLine plotted over time) and the Canslim Evaluator (and imbedded
links to our Industry charts and components), available to the CANSLIM list
members in limited use as a thanks to those who contribute here. You can
also access the forums where there are more general tutorials on subjects
such as using RSLines, etc.

For the CANSLIM list members:
Charts link: http://www.cwhcharts.com/charts/kmchart.php
Canslim Evaluator link: http://www.cwhcharts.com/canslim/

You'll notice I use my own charts when annotating my analysis of a stock.
That's something Mike developed for me (even before I joined the site) after
DailyGraphs Online (DGO) threatened me with legal action for making original
annotations on *their* charts and posting them here on the public CANSLIM
list. Necessity is ever the mother of invention! That's also our motivation
to make our charts available to members here, so that they can feel to use
them and annotate them to their heart's content without fear of retribution.

If you have any specific questions, please be sure to take them offlist.

Katherine

-----Original Message-----
From: owner-canslim@lists.xmission.com
[mailto:owner-canslim@lists.xmission.com]On Behalf Of jeffwdc
Sent: Wednesday, May 28, 2003 4:22 PM
To: canslim@lists.xmission.com
Subject: RE: [CANSLIM] BO, too fast too much

Hi Katherine,

Thanks for all the info. you published over the
weekend!

You mention a Breakout Alert Service. May I ask the
name of this service? I'm not ready to subscribe, but
it would be nice to know for the future.

Best Regards, jeff gasta

--- Katherine Malm wrote:
> Hi Tomas,
>
> I think there are a few different options if you
> can't monitor the market
> intraday.
>
> These require that you first select the stocks that
> you want to monitor for
> breakout, so if something moves that was not on your
> radar, then you will
> not see it:
>
> (1) As Bill suggested, set up a buy stop/limit
> order. This will be executed
> based on price, so you still have to check in
> sometime before the end of the
> day to ensure that the volume requirements were also
> met. If not, then you
> have to be willing to sell the position.
>
> (2) Use an alert system (broker based or stand
> alone) that allows you set
> price alerts and then sends them to your phone, text
> based pager or wireless
> PDA. You have to preset the stocks you wish to
> monitor and you will have to
> be able to interrupt your business at hand to check
> in on the market and
> make the trade if the projected volume is
> sufficient.
>
> (3) Check in on the market at lunch. If the stocks
> you are watching are
> nearing a breakout at that point, place a market
> order or a buy stop/limit
> order. If using a buy stop then you'll need to check
> actual volume at day's
> end and sell if necessary as with option 1.
>
> This allows you to look for possible breakouts, even
> if the stock wasn't
> originally on your radar. The easiest way to find
> these is to look for
> stocks that close up on the day on volume >=150% of
> ADV (either by using the
> "Where the Big Money is Flowing" or a technical
> program that lets you scan
> for stocks):
>
> (4) Wait until day's end to find stocks that have
> broken out and are still
> within range (<5%). Advantage is that you will be
> able to see the actual
> volume in order to confirm the BO. The disadvantage,
> as you noted is that
> the stock may very well be extended beyond the
> buying range and you'll have
> to pass and/or wait to see if it pulls back and
> provides a second chance
> entry.
>
> This last option does not require that you already
> have a stock on your
> radar in order to see an attempted breakout
> intraday:
>
> (5) Use a breakouts alert service (there's only one)
> that automatically
> sends out an intraday alert when a stock in a basing
> pattern is breaking
> out. This can go to your email, text based pager or
> wireless PDA address.
> The advantage over any of the other options is that
> you do not have to seek
> out the stock in question to determine if it is
> setting up and when/if it
> attempts an intraday breakout, you will be notified.
> As with option 1,
> however, the intraday alerts are based on projected
> volume, so if you choose
> to execute an order and end of day volume does not
> pan out, you'll have to
> be willing to sell the position. Alternately, you
> can wait until near
> mid-day or near market close to make a buy decision,
> but then you risk
> missing the breakout price window.
>
> Katherine
>
> -----Original Message-----
> From: owner-canslim@lists.xmission.com
> [mailto:owner-canslim@lists.xmission.com]On Behalf
> Of Bill Triffet
> Sent: Wednesday, May 28, 2003 9:46 AM
> To: canslim@lists.xmission.com
> Subject: Re: [CANSLIM] BO, too fast too much
>
>
> Ah the proverbial problem for us folks with
> non-investment jobs...
>
> In the past, When a nice handle has formed, I'd make
> a buy/limit order just
> above the pivot. I'd then check to see if it
> executed. If it did, I'd check
> to see if volume is sufficient. If the volume is
> low, I'd immediately sell.
>
> I've also been setting hard stops immediately after
> the buy as I've not been
> able to track the market as much during the day.
>
> --
> Bill
>
> -------Original Message-------
> From: Tomas
> Sent: 05/27/03 08:55 PM
> To: canslim canslim
> Subject: [CANSLIM] BO, too fast too much
>
> >
> > Looks like USNA BO from a nice tight flat base
> today.
> I have been eyeing this stocking, trying to get in
> for
> awhile. But it is too late at the end of the day
> since it rose ~14% today. So, my question is how do
> you get a position in when the BO is so strong and
> so
> fast? I can't be looking at stocks every minute of
> the day.
>
> How do some of you guys do it? Set email alerts?
> Maybe something else? How has your alert system
> been
> working for ya? Any other suggestion?
>
> Thanks,
> tomas
>
> __________________________________
> Do you Yahoo!?
> Yahoo! Calendar - Free online calendar with sync to
> Outlook(TM).
> http://calendar.yahoo.com
>
> -
> -To subscribe/unsubscribe, email
> "majordomo@xmission.com"
> -In the email body, write "subscribe canslim" or
> -"unsubscribe canslim". Do not use quotes in your
> email.
> >
>
> -
> -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.

__________________________________
Do you Yahoo!?
Yahoo! Calendar - Free online calendar with sync to Outlook(TM).
http://calendar.yahoo.com

-
-To subscribe/unsubscribe, email "majordomo@xmission.com"
-In the email body, write "subscribe canslim" or
-"unsubscribe canslim". Do not use quotes in your email.

-
-To subscribe/unsubscribe, email "majordomo@xmission.com"
-In the email body, write "subscribe canslim" or
-"unsubscribe canslim". Do not use quotes in your email.

Do you Yahoo!?
Free online calendar with sync to Outlook(TM). - --0-590837057-1054218499=:5801-- - - - -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: Thu, 29 May 2003 07:52:39 -0700 (PDT) From: jeffwdc Subject: RE: [CANSLIM] BO, too fast too much Thanks Pritish! - --- Pritish Shah wrote: > Jeff, > > I use cwhcharts.com. I have been using it for couple > weeks with the email alert and so far I have made > about 5%. Ofcourse, I pick and choose what stocks I > want but atleast it narrows the universe down to > just the Earth. Then I select the city that I want > to visit. > > This is the service that Katherine works with. I > have to say that I am impressed. There are some > stability issues but cwhcharts.com is working > diligently to fix those problems. > > Regards, > Pritish > > >>> jeffwdc@yahoo.com 05/28/03 05:21PM >>> > Hi Katherine, > > Thanks for all the info. you published over the > weekend! > > You mention a Breakout Alert Service. May I ask the > name of this service? I'm not ready to subscribe, > but > it would be nice to know for the future. > > Best Regards, jeff gasta > > --- Katherine Malm wrote: > > Hi Tomas, > > > > I think there are a few different options if you > > can't monitor the market > > intraday. > > > > These require that you first select the stocks > that > > you want to monitor for > > breakout, so if something moves that was not on > your > > radar, then you will > > not see it: > > > > (1) As Bill suggested, set up a buy stop/limit > > order. This will be executed > > based on price, so you still have to check in > > sometime before the end of the > > day to ensure that the volume requirements were > also > > met. If not, then you > > have to be willing to sell the position. > > > > (2) Use an alert system (broker based or stand > > alone) that allows you set > > price alerts and then sends them to your phone, > text > > based pager or wireless > > PDA. You have to preset the stocks you wish to > > monitor and you will have to > > be able to interrupt your business at hand to > check > > in on the market and > > make the trade if the projected volume is > > sufficient. > > > > (3) Check in on the market at lunch. If the stocks > > you are watching are > > nearing a breakout at that point, place a market > > order or a buy stop/limit > > order. If using a buy stop then you'll need to > check > > actual volume at day's > > end and sell if necessary as with option 1. > > > > This allows you to look for possible breakouts, > even > > if the stock wasn't > > originally on your radar. The easiest way to find > > these is to look for > > stocks that close up on the day on volume >=150% > of > > ADV (either by using the > > "Where the Big Money is Flowing" or a technical > > program that lets you scan > > for stocks): > > > > (4) Wait until day's end to find stocks that have > > broken out and are still > > within range (<5%). Advantage is that you will be > > able to see the actual > > volume in order to confirm the BO. The > disadvantage, > > as you noted is that > > the stock may very well be extended beyond the > > buying range and you'll have > > to pass and/or wait to see if it pulls back and > > provides a second chance > > entry. > > > > This last option does not require that you already > > have a stock on your > > radar in order to see an attempted breakout > > intraday: > > > > (5) Use a breakouts alert service (there's only > one) > > that automatically > > sends out an intraday alert when a stock in a > basing > > pattern is breaking > > out. This can go to your email, text based pager > or > > wireless PDA address. > > The advantage over any of the other options is > that > > you do not have to seek > > out the stock in question to determine if it is > > setting up and when/if it > > attempts an intraday breakout, you will be > notified. > > As with option 1, > > however, the intraday alerts are based on > projected > > volume, so if you choose > > to execute an order and end of day volume does not > > pan out, you'll have to > > be willing to sell the position. Alternately, you > > can wait until near > > mid-day or near market close to make a buy > decision, > > but then you risk > > missing the breakout price window. > > > > Katherine > > > > -----Original Message----- > > From: owner-canslim@lists.xmission.com > > [mailto:owner-canslim@lists.xmission.com]On Behalf > > Of Bill Triffet > > Sent: Wednesday, May 28, 2003 9:46 AM > > To: canslim@lists.xmission.com > > Subject: Re: [CANSLIM] BO, too fast too much > > > > > > Ah the proverbial problem for us folks with > > non-investment jobs... > > > > In the past, When a nice handle has formed, I'd > make > > a buy/limit order just > > above the pivot. I'd then check to see if it > > executed. If it did, I'd check > > to see if volume is sufficient. If the volume is > > low, I'd immediately sell. > > > > I've also been setting hard stops immediately > after > > the buy as I've not been > > able to track the market as much during the day. > > > > -- > > Bill > > > > -------Original Message------- > > From: Tomas > > Sent: 05/27/03 08:55 PM > > To: canslim canslim > > Subject: [CANSLIM] BO, too fast too much > > > > > > > > Looks like USNA BO from a nice tight flat base > > today. > > I have been eyeing this stocking, trying to get in > > for > > awhile. But it is too late at the end of the day > > since it rose ~14% today. So, my question is how > do > > you get a position in when the BO is so strong and > > so > > fast? I can't be looking at stocks every minute > of > > the day. > > > > How do some of you guys do it? Set email alerts? > > Maybe something else? How has your alert system > > been > > working for ya? Any other suggestion? > > > > Thanks, > > tomas > > > > __________________________________ > > Do you Yahoo!? > > Yahoo! Calendar - Free online calendar with sync > to > > Outlook(TM). > > http://calendar.yahoo.com > > > > - > === message truncated === __________________________________ Do you Yahoo!? Yahoo! Calendar - Free online calendar with sync to Outlook(TM). http://calendar.yahoo.com - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Thu, 29 May 2003 08:01:19 -0700 (PDT) From: jeffwdc Subject: RE: [CANSLIM] BO, too fast too much Thanks Katherine. As always, you and Mike are the best. You go above and beyond expectations by offering us complementary access to your service. Also I'm glad to hear the on-staff lawyers at IBD have one less reason to justify their existance because their charts aren't being used here anymore. :-) jeff gasta - --- Katherine Malm wrote: > Hi Jeff, > > The breakout alert service (cwhcharts.com) is one > that Mike Gibbons and I > developed. My posts here on the list are as an > individual CANSLIM investor, > so while I mention the service in my reply to Tomas > in order to give a > complete overview of the options, you can probably > understand why I didn't > mention it by name. > > See it at www.cwhcharts.com. I've recently written a > new "How to Use our > Site" tutorial that gives an overview of using the > service in either a 10 or > 20 minute a day approach. See it by clicking on the > "How to..." menu at the > site. It shows how we compile the daily watchlists, > provide due diligence > info (Canslim Evaluator, Industry Charts, list of > Industry Components, > etc.), and generate the intraday alerts themselves. > > We make some of the components, such as the our > general charts (with RSRank, > U/D ratio, RSLine plotted over time) and the Canslim > Evaluator (and imbedded > links to our Industry charts and components), > available to the CANSLIM list > members in limited use as a thanks to those who > contribute here. You can > also access the forums where there are more general > tutorials on subjects > such as using RSLines, etc. > > For the CANSLIM list members: > Charts link: > http://www.cwhcharts.com/charts/kmchart.php > Canslim Evaluator link: > http://www.cwhcharts.com/canslim/ > > You'll notice I use my own charts when annotating my > analysis of a stock. > That's something Mike developed for me (even before > I joined the site) after > DailyGraphs Online (DGO) threatened me with legal > action for making original > annotations on *their* charts and posting them here > on the public CANSLIM > list. Necessity is ever the mother of invention! > That's also our motivation > to make our charts available to members here, so > that they can feel to use > them and annotate them to their heart's content > without fear of retribution. > > If you have any specific questions, please be sure > to take them offlist. > > Katherine > > > -----Original Message----- > From: owner-canslim@lists.xmission.com > [mailto:owner-canslim@lists.xmission.com]On Behalf > Of jeffwdc > Sent: Wednesday, May 28, 2003 4:22 PM > To: canslim@lists.xmission.com > Subject: RE: [CANSLIM] BO, too fast too much > > > Hi Katherine, > > Thanks for all the info. you published over the > weekend! > > You mention a Breakout Alert Service. May I ask the > name of this service? I'm not ready to subscribe, > but > it would be nice to know for the future. > > Best Regards, jeff gasta > > --- Katherine Malm wrote: > > Hi Tomas, > > > > I think there are a few different options if you > > can't monitor the market > > intraday. > > > > These require that you first select the stocks > that > > you want to monitor for > > breakout, so if something moves that was not on > your > > radar, then you will > > not see it: > > > > (1) As Bill suggested, set up a buy stop/limit > > order. This will be executed > > based on price, so you still have to check in > > sometime before the end of the > > day to ensure that the volume requirements were > also > > met. If not, then you > > have to be willing to sell the position. > > > > (2) Use an alert system (broker based or stand > > alone) that allows you set > > price alerts and then sends them to your phone, > text > > based pager or wireless > > PDA. You have to preset the stocks you wish to > > monitor and you will have to > > be able to interrupt your business at hand to > check > > in on the market and > > make the trade if the projected volume is > > sufficient. > > > > (3) Check in on the market at lunch. If the stocks > > you are watching are > > nearing a breakout at that point, place a market > > order or a buy stop/limit > > order. If using a buy stop then you'll need to > check > > actual volume at day's > > end and sell if necessary as with option 1. > > > > This allows you to look for possible breakouts, > even > > if the stock wasn't > > originally on your radar. The easiest way to find > > these is to look for > > stocks that close up on the day on volume >=150% > of > > ADV (either by using the > > "Where the Big Money is Flowing" or a technical > > program that lets you scan > > for stocks): > > > > (4) Wait until day's end to find stocks that have > > broken out and are still > > within range (<5%). Advantage is that you will be > > able to see the actual > > volume in order to confirm the BO. The > disadvantage, > > as you noted is that > > the stock may very well be extended beyond the > > buying range and you'll have > > to pass and/or wait to see if it pulls back and > > provides a second chance > > entry. > > > > This last option does not require that you already > > have a stock on your > > radar in order to see an attempted breakout > > intraday: > > > > (5) Use a breakouts alert service (there's only > one) > > that automatically > > sends out an intraday alert when a stock in a > basing > > pattern is breaking > > out. This can go to your email, text based pager > or > > wireless PDA address. > > The advantage over any of the other options is > that > > you do not have to seek > > out the stock in question to determine if it is > > setting up and when/if it > > attempts an intraday breakout, you will be > notified. > > As with option 1, > > however, the intraday alerts are based on > projected > > volume, so if you choose > > to execute an order and end of day volume does not > > pan out, you'll have to > > be willing to sell the position. Alternately, you > > can wait until near > > mid-day or near market close to make a buy > decision, > > but then you risk > > missing the breakout price window. > > > > Katherine > > > > -----Original Message----- > > From: owner-canslim@lists.xmission.com > > [mailto:owner-canslim@lists.xmission.com]On Behalf > > Of Bill Triffet > > Sent: Wednesday, May 28, 2003 9:46 AM > > To: canslim@lists.xmission.com > > Subject: Re: [CANSLIM] BO, too fast too much > > > > > > Ah the proverbial problem for us folks with > === message truncated === __________________________________ Do you Yahoo!? Yahoo! Calendar - Free online calendar with sync to Outlook(TM). http://calendar.yahoo.com - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Thu, 29 May 2003 11:02:43 -0400 From: "Pritish Shah" Subject: Re: [CANSLIM] Mid Week Analysis Tomas, Gene said a small two "week" handle. I first mis-read it to be a small two = "day" handle. Gene -- a recommendation: if you use weekly charts, stick with weekly = charts on all stocks. If you use daily charts, then use daily charts on = all stocks. This is less confusing for the reader. It is not your fault -- = it is the reader and you have to dumb it down for us novices.=20 Regards, Pritish >>> tomas986@yahoo.com 05/28/03 11:41PM >>> Gene, I do not agree with your analysis of APPX. To me, the pivot point was on 5/5 and it has a 6 days handle that initially drifted down. There was a shakeout day 5/8 during the handle. After today's big dip, I am doing a post analysis of the chart and everything looks ok (except for today).=20 With all these news/rumors around, what sure what is going on. just my $.02, tomas - --- Gene Ricci wrote: >=20 >=20 > My latest Mid Week Analysis is at > http://www.amateur-investors.com/AII_Mid_Week_Analysis5_28_03.htm=20 >=20 > Amateur-Investors.Com >=20 __________________________________ Do you Yahoo!? Yahoo! Calendar - Free online calendar with sync to Outlook(TM). http://calendar.yahoo.com=20 - - - -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 #3340 ****************************** 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.