From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #3488 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, August 7 2003 Volume 02 : Number 3488 In this issue: [CANSLIM] Talking about 'M' [CANSLIM] CLZR Re: [CANSLIM] CLZR Re: [CANSLIM] CLZR Re: [CANSLIM] CLZR RE: [CANSLIM] CLZR RE: [CANSLIM] CLZR RE: [CANSLIM] CLZR RE: [CANSLIM] stock software ---------------------------------------------------------------------- Date: Thu, 7 Aug 2003 15:02:25 -0500 From: "Krueger, Kevin" Subject: [CANSLIM] Talking about 'M' This is a multi-part message in MIME format. - ------_=_NextPart_001_01C35D1E.D260AD07 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable I thought some of you might be interested in listening to a biweekly = market analysis from Dr. Marvin Appel. (He is a business partner of = Gerald Appel - founder of the MACD.) There are archived interviews with = ~15 min. interview and TA discussion of general market charts (also = supplied.) =20 Here is the link: http://www.systemsandforecasts.com/Interview/interview.html =20 - -Kevin - ------_=_NextPart_001_01C35D1E.D260AD07 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
I=20 thought some of you might be interested in listening to a biweekly = market=20 analysis from Dr. Marvin Appel. (He is a business partner of Gerald = Appel -=20 founder of the MACD.) There are archived interviews with ~15 min. = interview and=20 TA discussion of general market charts (also = supplied.)
 
Here=20 is the link:
http= ://www.systemsandforecasts.com/Interview/interview.html=
 
-Kevin
- ------_=_NextPart_001_01C35D1E.D260AD07-- - - - -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, 7 Aug 2003 21:24:54 +0100 From: "Callegher, Fabio" Subject: [CANSLIM] CLZR Hello,, I'm a newbie to CANSLIM. I bought CLZR (Candela Inc.) shares a few days = ago after studying WON book a while but they have dropped about 20% = between today and yesterday. I tried to find some "bad news" around the = company but couldn't find any. Do you think it's just institutional = investors pulling out or is there any=20 other underlying reason for that that you can spot ? Thanks a lot for any feedack Best regards Fabio - - - -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, 7 Aug 2003 21:30:19 +0100 From: "Mark Crisp" Subject: Re: [CANSLIM] CLZR Before you buy a stock you have a get out point.. right? It's called a trading plan. "Plan a trade and trade a plan" Why are you still holding a stock that has fallen 20%? did you plan this? Mark Crisp http://www.stressfreetrading.com - ----- Original Message ----- From: "Callegher, Fabio" To: Sent: Thursday, August 07, 2003 9:24 PM Subject: [CANSLIM] CLZR Hello,, I'm a newbie to CANSLIM. I bought CLZR (Candela Inc.) shares a few days ago after studying WON book a while but they have dropped about 20% between today and yesterday. I tried to find some "bad news" around the company but couldn't find any. Do you think it's just institutional investors pulling out or is there any other underlying reason for that that you can spot ? Thanks a lot for any feedack Best regards Fabio - - - -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: Thu, 07 Aug 2003 16:43:59 -0400 From: "Pritish Shah" Subject: Re: [CANSLIM] CLZR Mark, Since you have gained experience, you should be helping people positively rather than with sarcasm/cynicism. This list is about **learning** CANSLIM. If people are experts, why would they need help from others and why would they join a canslim list. Since you are already an expert, are you going to learn, teach, watch and/or promote your business? Learn from Katherine Malm. She is an expert and has a really good website but does not pull punches like you do and neither does she try to promote her business. Pritish >>> stressfreetrader@btopenworld.com 8/7/2003 4:30:19 PM >>> Before you buy a stock you have a get out point.. right? It's called a trading plan. "Plan a trade and trade a plan" Why are you still holding a stock that has fallen 20%? did you plan this? Mark Crisp http://www.stressfreetrading.com - ----- Original Message ----- From: "Callegher, Fabio" To: Sent: Thursday, August 07, 2003 9:24 PM Subject: [CANSLIM] CLZR Hello,, I'm a newbie to CANSLIM. I bought CLZR (Candela Inc.) shares a few days ago after studying WON book a while but they have dropped about 20% between today and yesterday. I tried to find some "bad news" around the company but couldn't find any. Do you think it's just institutional investors pulling out or is there any other underlying reason for that that you can spot ? Thanks a lot for any feedack Best regards Fabio - - - -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: Thu, 7 Aug 2003 13:55:57 -0700 (PDT) From: Fanus Subject: Re: [CANSLIM] CLZR Mark I start to suspect you only reply to some posts to plug your website at the end of each of your e-mails. Do you know promotion of commercial sites are against the rules of this board? Your answer which does not address Fabio's question at all does not help to ease my suspicions. He asked if anyone know why the stock dropped so much. Your answer does not even come close to addressing his question. I can't speak for the others in the group, but I think it will add much more credibility to your posts if you would remove the link to your website from them. Fabio, I also cannot find any bad news with regard to CLZR, but it report earnings on Tuesday. Bad news might be expected. But besides that, with "M" in CANSLIM suspect lately, this is probably not a good time to enter any new positions, especially if you are still learning. With M like this, overextended stocks are much more likely to get hammered like CLZR just did. Regards - - Fanus - --- Mark Crisp wrote: > Before you buy a stock you have a get out point.. > right? It's called a > trading plan. > > "Plan a trade and trade a plan" > > Why are you still holding a stock that has fallen > 20%? did you plan this? > > Mark Crisp > http://www.stressfreetrading.com > > ----- Original Message ----- > From: "Callegher, Fabio" > To: > Sent: Thursday, August 07, 2003 9:24 PM > Subject: [CANSLIM] CLZR > > > Hello,, > > I'm a newbie to CANSLIM. I bought CLZR (Candela > Inc.) shares a few days ago > after studying WON book a while but they have > dropped about 20% between > today and yesterday. I tried to find some "bad news" > around the company but > couldn't find any. Do you think it's just > institutional investors pulling > out or is there any > other underlying reason for that that you can spot ? > > Thanks a lot for any feedack > Best regards > Fabio > > > - > -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! SiteBuilder - Free, easy-to-use web site design software http://sitebuilder.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, 7 Aug 2003 18:48:48 -0400 From: "Lung Yien The" Subject: RE: [CANSLIM] CLZR Hi Fabio, I share a similar experience as yourself. I bought EELN the day before it announced the latest earnings. If you don't know the story, EELN posted record quarterly EPS growth,Sales and lifted annual guidance!! It sounded like I was going to make my first dollar on a CANSLIM picked stock!! Right? WRONG! EELN dives 15% that first day. WON advices to sell whenever you see a loss of 8%...but I figured it was just a market over-reaction and it should correct itself the next day. But just to make sure, I tried looking for other company news..but I did not find anything of the negative tone. Well, to cut the story short, EELN tanked another 15% or more one me...and the next day... Blah blah blah The lesson of this story is: 1) Never argue with the market,..it will not make you right 2) Always cut your losses at 7-8%. Stocks that goes down on heavier volume, despite posting great earnings, will still go down. 3) Fundamentals don't always tell you the all picture Cheers, Yien - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com] On Behalf Of Callegher, Fabio Sent: Thursday, August 07, 2003 4:25 PM To: canslim@lists.xmission.com Subject: [CANSLIM] CLZR Hello,, I'm a newbie to CANSLIM. I bought CLZR (Candela Inc.) shares a few days ago after studying WON book a while but they have dropped about 20% between today and yesterday. I tried to find some "bad news" around the company but couldn't find any. Do you think it's just institutional investors pulling out or is there any other underlying reason for that that you can spot ? Thanks a lot for any feedack Best regards Fabio - - - -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: Thu, 7 Aug 2003 17:52:19 -0500 From: "Katherine Malm" Subject: RE: [CANSLIM] CLZR Hi Fabio, You mentioned that you bought CLZR a couple of days ago. If you don't mind, would you tell us exactly what date? I think the easiest way to "explain" CLZR is for us to show your entry vs. an "optimal" entry and then show why an "optimal" entry would have provided some "wiggle room" for your position. That should also help explain why it is far less important to know the "reason" for the drop than the explanation as to what can happen technically to a stock. For the most part, nobody ever knows the reason until after the fact, so this might be a good chance to learn why good entries are so important. Katherine - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Callegher, Fabio Sent: Thursday, August 07, 2003 3:25 PM To: canslim@lists.xmission.com Subject: [CANSLIM] CLZR Hello,, I'm a newbie to CANSLIM. I bought CLZR (Candela Inc.) shares a few days ago after studying WON book a while but they have dropped about 20% between today and yesterday. I tried to find some "bad news" around the company but couldn't find any. Do you think it's just institutional investors pulling out or is there any other underlying reason for that that you can spot ? Thanks a lot for any feedack Best regards Fabio - - - -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: Fri, 8 Aug 2003 00:48:47 +0100 From: "Callegher, Fabio" Subject: RE: [CANSLIM] CLZR Hi Katherine and Hi all,, Thanks a lot for the constructive feedback. To answer Katherine's question I had bought CLZR shares on the 22 of = july. I will be more careful next time and cut the loss at 7-8%. Simply I = didn't expect CLZR to fall so sharply in such a short time. Thanks again and best regards Fabio =20 - -----Original Message----- From: Katherine Malm [mailto:kmalm@earthlink.net] Sent: 07 August 2003 23:52 To: canslim@lists.xmission.com Subject: RE: [CANSLIM] CLZR=20 Hi Fabio, You mentioned that you bought CLZR a couple of days ago. If you don't = mind, would you tell us exactly what date? I think the easiest way to = "explain" CLZR is for us to show your entry vs. an "optimal" entry and then show = why an "optimal" entry would have provided some "wiggle room" for your = position. That should also help explain why it is far less important to know the "reason" for the drop than the explanation as to what can happen = technically to a stock. For the most part, nobody ever knows the reason until after = the fact, so this might be a good chance to learn why good entries are so important. Katherine - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Callegher, Fabio Sent: Thursday, August 07, 2003 3:25 PM To: canslim@lists.xmission.com Subject: [CANSLIM] CLZR Hello,, I'm a newbie to CANSLIM. I bought CLZR (Candela Inc.) shares a few days = ago after studying WON book a while but they have dropped about 20% between today and yesterday. I tried to find some "bad news" around the company = but couldn't find any. Do you think it's just institutional investors = pulling out or is there any other underlying reason for that that you can spot ? Thanks a lot for any feedack Best regards Fabio - - - -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: Thu, 7 Aug 2003 19:24:48 -0500 From: "Jeff Henderson" Subject: RE: [CANSLIM] stock software This is a multi-part message in MIME format. - ------=_NextPart_000_002A_01C35D19.91736410 Content-Type: text/plain; charset="US-ASCII" Content-Transfer-Encoding: 7bit Hey thanks everybody! What a great community! One day I will hopefully be able to give something back instead of just asking questions. Jeff Henderson - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com] On Behalf Of DMC197807 Sent: Thursday, August 07, 2003 12:42 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] stock software Jeff, Those are 3 good books. Only about 50 more to go! I actually think that Van Tharp's book and Stan Weinstein's book are the first pillars of wisdom here, both well-written and logical. Van & Stan, sounds like a car dealership. Here is a basic list I made up for a young man (college boy) who wanted to learn about TA and trading. It's about 1/3 the books I have (I find Farley, Pring and Dorsey to be harder slogging in the initial rounds, so put them off to later--by that time you'll be able to choose your own books) and I'm sure that others may vote for different books in the intial cut, but that's what makes a market, even in books: E= Elder, Trading for a Living IBD= Investors Business Daily M= Murphy, Technical Analysis of the Financial Markets Ma= Moving Averages Simplified (Drokes) Mc=McMillan, Options as a Strategic Investment Mo= Morris, Candlestick Charting Explained Ni= Nison, Beyond Candlesticks Vt= Van Tharp, Trade Your Way to Financial Freedom Ta= Technical Analysis of Stocks & Commodities (magazine) W= Weinstein, Secrets of Profiting in Bull & Bear Markets Things I don't find helpful in the early stages of learning are: Gann, Fibonacci and Bulkowski's chart analysis. DMC - ----- Original Message ----- From: Jeff Henderson To: canslim@lists.xmission.com Sent: Wednesday, August 06, 2003 1:02 PM Subject: RE: [CANSLIM] stock software I read How to Make Money in Stocks: A Winning System in Good Times or Bad by William O'Neill and Trade Your Way to Financial Freedom by K. Tharp and Nicholas Darvas's book How I Made 2,000,000 in the Stock Market - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com] On Behalf Of DMC197807 Sent: Wednesday, August 06, 2003 2:56 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] stock software Jeff, If you are a college student then I suggest you spend zero dollars for software. You no doubt have access to high speed internet access (aka the Big Pipe). You should be able to utilize a lot of free sites (including this one) to get some education. I'd suggest using the MSN site for scanning, the free section of stockcharts.com for charting (and education) and the library for borrowing books. You can lurk at a number of for-pay investment sites (SI comes to mind) and learn from a number of very wise people. Most investment sites have an extensive education spot (check out stockcharts, Bernie Schaefer). If you're going to college in or near a big city, I'd suggest signing up for free presentations/seminars offered by TC2K, Metastock, 21st Century Investor Educ. Center (options), etc. If your college has a business school you might look for a finance course, if it's Univ of Penna, you might hang out at the Wharton School, etc. Also, check to see if your school has an investment club/group/etc. These can be very sophisticated, although they almost always are enamored of an FA approach. Btw, "I just got finished reading 3 stock books and I'm getting anxious about trading" is a dangerous sentence to read. The market stands ready, willing and able to separate you from your brokerage account. I'm not saying "don't tread," but rather, "tread very carefully." Which 3 stock books did you read? DMC - ----- Original Message ----- From: Jeff Henderson To: Canslim Sent: Wednesday, August 06, 2003 11:57 AM Subject: [CANSLIM] stock software Does anybody have any recommendations for stock software? I'm looking for getting the most for my $ plus I'm a college student so, I really don't have to much money to spend (<$100). Sorry if I'm asking too many questions but it's my first day and I just got finished reading 3 stock books and I'm getting anxious about trading. Thanks, Jeff H. - ------=_NextPart_000_002A_01C35D19.91736410 Content-Type: text/html; charset="US-ASCII" Content-Transfer-Encoding: quoted-printable

Hey thanks everybody!  What a great community!  One day I will hopefully be = able to give something back instead of just asking = questions.

 

Jeff = Henderson

 

-----Original = Message-----
From: owner-canslim@lists.xmission.com = [mailto:owner-canslim@lists.xmission.com] On Behalf Of DMC197807
Sent: =
Thursday, August 07, = 2003 12:42 PM
To: = canslim@lists.xmission.com
Subject: Re: [CANSLIM] = stock software

 

Jeff,

 

Those are 3 good = books.  Only about 50 more to go!

 

I actually think that Van = Tharp's book and Stan Weinstein's book are the first pillars of wisdom here, = both well-written and logical.  Van & Stan, sounds like a car = dealership.

 

Here is a basic list I made = up for a young man (college boy) who wanted to learn about TA and trading.  = It's about 1/3 the books I have (I find Farley, Pring and Dorsey to be harder slogging in the initial rounds, so put them off to later--by that time = you'll be able to choose your own books) and I'm sure that others may vote for different books in the intial cut, but that's what makes a market, even = in books:

 

E=3D Elder, Trading for a = Living
IBD=3D  Investors Business Daily
M=3D Murphy, Technical Analysis of the Financial Markets
Ma=3D  Moving Averages Simplified (Drokes)
Mc=3DMcMillan, Options as a Strategic Investment
Mo=3D Morris, Candlestick Charting Explained
Ni=3D Nison,  Beyond Candlesticks
Vt=3D  Van Tharp, Trade Your Way to Financial Freedom =

Ta=3D Technical Analysis of = Stocks & Commodities (magazine)
W=3D Weinstein, Secrets of Profiting in Bull & Bear = Markets

 

Things I don't find helpful = in the early stages of learning are:  Gann, Fibonacci and Bulkowski's = chart analysis.

 

DMC=

 

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

Sent: Wednesday, August 06, = 2003 1:02 PM

Subject: RE: [CANSLIM] stock software

 

I read = How to Make Money in Stocks: A = Winning System in Good Times or Bad by William O’Neill = and Trade Your Way to Financial = Freedom by  K. Tharp and Nicholas Darvas’s = book How I Made 2,000,000 in the = Stock Market

 =

-----Original = Message-----
From: owner-canslim@lists.xmis= sion.com [mailto:owner-canslim@lists.xmission.com] On Behalf Of DMC197807
Sent: =
Wednesday, August 06, = 2003 2:56 PM
To: = canslim@lists.xmission.com
Subject: Re: [CANSLIM] = stock software

 

Jeff,

 

If you are a college = student then I suggest you spend zero dollars for software.  You no doubt have = access to high speed internet access (aka the Big Pipe).  You should be able = to utilize a lot of free sites (including this one) to get some = education.  I'd suggest using the MSN site for scanning, the free section of stockcharts.com for charting (and education) and the library for = borrowing books.  You can lurk at a number of for-pay investment sites (SI = comes to mind) and learn from a number of very wise people.  Most investment = sites have an extensive education spot (check out stockcharts, Bernie = Schaefer).

 

If you're going to college = in or near a big city, I'd suggest signing up for free presentations/seminars = offered by TC2K, Metastock, 21st Century Investor Educ. Center (options), = etc.  If your college has a business school you might look for a finance course, = if it's Univ of Penna, you might hang out at the = Wharton = School, etc.  Also, check to see if your school has an investment = club/group/etc.  These can be very sophisticated, although they almost always are enamored of = an FA approach.

 

Btw, "I just got = finished reading 3 stock books and I’m getting anxious about trading" = is a dangerous sentence to read.  The market stands ready, willing and = able to separate you from your brokerage account.  I'm not saying = "don't tread," but rather, "tread very = carefully."

 

Which 3 stock books did you = read?

 

DMC=

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

From: Jeff Henderson =

To:<= /font> Canslim

Sent: Wednesday, August 06, = 2003 11:57 AM

Subject: [CANSLIM] stock software

 

Does anybody have any = recommendations for stock software?  = I’m looking for getting the most for my $ plus I’m a college student so, I = really don’t have to much money to spend (<$100).  Sorry if I’m asking too = many questions but it’s my first day and I just got finished reading 3 stock = books and I’m getting anxious about trading.

 

Thanks,

Jeff = H.

- ------=_NextPart_000_002A_01C35D19.91736410-- - - - -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 #3488 ****************************** 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.