From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #466 Reply-To: canslim Sender: owner-canslim-digest@lists.xmission.com Errors-To: owner-canslim-digest@lists.xmission.com Precedence: bulk Content-Transfer-Encoding: quoted-printable X-No-Archive: yes canslim-digest Sunday, December 6 1998 Volume 02 : Number 466 In this issue: [CANSLIM] ESP [CANSLIM] Archives [CANSLIM] software Re: [CANSLIM] Elder [CANSLIM] MA Re: [CANSLIM] HTMMIS Question [CANSLIM] Cc: upupandaway@shango.com Re: [CANSLIM] MA [CANSLIM] DGO New Highs [CANSLIM] IBD Industry Groups - 1 Week Performance ---------------------------------------------------------------------- Date: Sat, 05 Dec 1998 11:31:14 -0500 From: Jeffry White <"postwhit@sover.net"@sover.net> Subject: [CANSLIM] ESP > Date: Fri, 04 Dec 1998 12:08:59 -0500 > From: Craig Griffin > Subject: Re: [CANSLIM] ESP > > I wrote: > >>On your NAS 1949 number, I would suggest instead that you treat the > >Now that we have today's (12/03) distribution day with a failed retest of > >2000+ on the NASDAQ, I think we have our first sell signal. (I raised cash > >this afternoon selling my weakest holdings first). > > Turns out, this may be a misread of the market. Time will tell. With > today's action. Maybe we are just in a volatile resting period for the > averages with sector rotation going on. The semis are certainly strong > now. Other stocks in other groups are still breaking out (ala. MYG and > CPQ) as well. Your read was correct (with the exception of the 2000+ which I don't see as significant), we had a sizeable distribution day. You began a scale back, nothing incorrect about that even if the market does not begin an intermediate term move to the down side. Discipline pays huge dividends. A/D looked good yesterday and semi leadership performed well. Trouble is...volume was not impressive, and although the lows held, I don't view Friday's action as comforting in any way. Gap down open creating new lows and reversal on volume improvement would have been the only thing that would have comforted me. Gap up open on Monday will signal increased danger, and a distribution day off that move will likely signal a new set of lows in this correction. JeffrynotaclarvoyantWhite - - ------------------------------ Date: Sat, 5 Dec 1998 17:43:36 -0500 From: "sam morrison" Subject: [CANSLIM] Archives Archives work great for me. - - ------------------------------ Date: Sat, 5 Dec 1998 17:54:23 -0500 From: "sam morrison" Subject: [CANSLIM] software I have purchased and am using Window on Wall Street Internet Trader Pro 7. I will be the first to admit that it is complicated and I have yet to learn everything. But I have achieved successful trades. I purchased the program mainly because it had the highest recommendation of all programs given by the American Association of Individual Investors.http://www.aaii.com/ of which I am a member. CanSlim is a challenge but I am in the process of learning. Thanks to Db's burrow and all the informative posts here on the CanSlim message board I am learning more. I had tried Vector Vest previosly through a trial offer and found that the software didn't perform with my new Dell computer. Sam - - ------------------------------ Date: Sat, 5 Dec 1998 18:13:01 -0500 From: "The Jacksons" Subject: Re: [CANSLIM] Elder I've been thinking of using the triple screen on canslim stocks. - -----Original Message----- From: Joe Scott To: CANSLIM Date: Thursday, December 03, 1998 4:57 PM Subject: [CANSLIM] Elder >Dragged out Elder's "Trading for a living", been awhile since I read it, >about ready for another go .... > >joe > > > >- > > - - ------------------------------ Date: Sat, 5 Dec 1998 18:49:21 -0500 From: "Charles Cangialosi" Subject: [CANSLIM] MA I have been looking at a lot of charts. All that comes across this list. I have made a startling discovery. (Remember I am new to this). In almost every chart when the 17DMA and the 50DMA crossed that was about the time to be in. It happened a lot at the beginning of Nov. OK, that is a big duhh for most everyone but it is the first thing that has really jumped out at me. Charlie - - ------------------------------ Date: Sat, 05 Dec 1998 19:06:25 -0500 From: Scott Vickery Subject: Re: [CANSLIM] HTMMIS Question Thanks for the replies. I just went and printed out the IBM series. i am also re-reading ch. 7 in the book. Scott At 09:33 AM 12/4/98 -0800, you wrote: > >Perhaps none. I was suggesting that he read O'N's IBD series for his >most current thinking on CS and use the book as a supplement to that. >There have been a number of changes, such as base lengths, that may >sound like user-variations to anyone who hasn't read the series. > >--Db > > ><<>>The reason I ask, is that I do not recall seeing discussions on >distribution days, reversal days, failed rallies and how to spot them. >In particular, I did not see anything on counting the days between >different events. > >These Market Timing topics are discussed frequently on this mailing >list, and I have been lost when it comes to these discussions. I was >hoping I would be able to follow along (or better yet, add my 2 cents), >but that didn't happen. Are these items in the book and I missed it, >or, have these items been garnered from other sources? > >Scott Vickery>> > >Db wrote: > >"Scott, so much of the details has changed since he wrote the book that >you're probably better off getting your basic info from his Secrets to >Success series in IBD and reading the book afterward as a supplement." > >Db, > >With respect to Market Direction, which details have changed since WON >wrote >the book? > >Jeffry > >P.S., Scott Vickery....Chapter 7 in whatever edition you have. Try >pages >50 >some odd to 60 some odd.>> > > > > >== > >"Lessons are repeated until they are learned." > >http://home.talkcity.com/MoneySt/dbphoenix/ > > > >_________________________________________________________ >DO YOU YAHOO!? >Get your free @yahoo.com address at http://mail.yahoo.com > > >- > > - - ------------------------------ Date: 5 Dec 1998 21:57:29 -0300 From: Krukever Subject: [CANSLIM] Cc: upupandaway@shango.com The last week market=B4s downside failed to reach my sell stops.=20 Now it=B4s my turn, i=B4ve bought cmvt, mxim, and on the IPO side tmcs and= ubid, let=B4s see what they have for me. Keep Your Hands And Feet Inside The Stochastic=20 Until Your Oscillator Comes To A Complete Stop =BFdoes this sounds to you Db? SALUDOS, DIEGO KRUKEVER.- - - ------------------------------ Date: Sat, 5 Dec 1998 20:18:32 -0800 From: "Patrick Wahl" Subject: Re: [CANSLIM] MA From: "Charles Cangialosi" To: "canslim" > I have been looking at a lot of charts. All that comes across this list. I > have made a startling discovery. (Remember I am new to this). In almost > every chart when the 17DMA and the 50DMA crossed that was about the time to > be in. It happened a lot at the beginning of Nov. OK, that is a big duhh for > most everyone but it is the first thing that has really jumped out at me. All of the stocks mentioned here are those that are in an uptrend, so you are getting a skewed picture of the predictive ability of the crossover. I think most things would work in a favorable market and uptrending stocks. - - ------------------------------ Date: Sun, 6 Dec 1998 10:23:49 -0500 From: "Tom Worley" Subject: [CANSLIM] DGO New Highs Here's the list, usual qualifiers apply. The total on the list was 288, of which the following 134 met the 80/80 test. RACN, CBXC, ISCG, NBTB, SUNW, INSS, CSGS, ALSI, PLCE, NCOG, MWHS, BHW, NTAP, SERO, MRX, CCRD, ITGI, WMT, NSOL, MSFT, ARGX, CSCO, CGO, ELBO, WABC, ABDR, HGR, VRTS, IBM, BBBY, NSIT, DECO, CPWR, SCH, RAD, UFPI, TLTN, ORCL, SDG, BMET, LSTR, RI, ORLY, ELK, WCOM, RESM, CTSH, BOOL, ISTN, AVEI, PROX, EMC, MNMD, BBC, FOSL, BEBE, SGP, CACS, OXE, EDMC, JEC, SNPS, ZQK, IMPH, FDS, TAGS, MXIM, TSIC, VTSS, IBI, LLTC, MCRL, CUBE, MVSN, SANM, MTD, ALTR, RMBS, UNPH, VF, RGAA, HLYW, GAC, MYG, WAG, DTEK, GPS, HDI, PLT, CHTT, NTRS, ABH, EXAC, LEVL, RAIL, FLEX, USM, ECILF, BDY, PRGX, DNEX, SLR, CEFT, AHL, ACS, EAGL, DHR, GILTF, CPN, FPIC, DY, GENZ, RGA, BJICA, MHP, CMVT, PLXS, PMS, CPS, PBI, ESI, RGIS, VMC, WLP, VCI, NEG, AFL, TRK, BK SAH, NOKA, MMS, ABT, GDT. Do your own research. Not responsible for typos. Happy hunting. Tom W - - ------------------------------ Date: Sun, 06 Dec 1998 12:58:24 -0500 From: "Frank V. Wolynski" Subject: [CANSLIM] IBD Industry Groups - 1 Week Performance 1 Week Group Performance Tabulations: Best 1 Week Performance: 1Wk Percentage This Week Last Week Rank Group Gain IBD Ranking IBD Ranking 0000,8080,0000# 1 Elec-Semiconductor Mfg 7.0 2 2 # 2 Comml Svcs-Linen Supply 5.3 73 65 # 3 Elec-Semiconductor Equip 4.4 9 28 # 4 Medical-Generic Drugs 4.2 19 29 # 5 Computer-Graphics 3.1 100 157 # 6 Retail-Super/Mini Mkts 2.9 49 36 # 7 Media-Books 2.9 26 34 # 8 Retail-Home Furnishing 2.9 109 139 # 9 Computer-Memory Devices 2.9 3 3 #10 Food-Meat Products 2.8 4 4 Worst 1 Week Performance: 1Wk Percentage This Week Last Week Rank Group Gain IBD Ranking IBD Ranking ffff,0000,0000#188 Oil&Gas-Machinery/Equip - 5.3 196 194 #189 Oil&Gas-US Integrated - 5.9 171 116 #190 Finance-Investment Bkrs - 6.1 57 56 #191 Metal Ores-Non Ferrous - 6.1 150 103 #192 Comml Svcs-Advertising - 6.6 35 19 #193 Oil&Gas-US Explo&Prod - 7.9 191 181 #194 Retail-Consumer Elect - 8.3 20 30 #195 Metal Ores-Gold/Silver - 8.3 102 79 #196 Retail/Whlsle-Cmptr/Cell -13.7 5 7 #197 Computer Softwr-Internet -58.1 1 1 FWIW, Frank Wolynski - - ------------------------------ End of canslim-digest V2 #466 ***************************** To unsubscribe to canslim-digest, send an email to "majordomo@xmission.com" with "unsubscribe canslim-digest" in the body of the message. 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