From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #574 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 Friday, April 9 1999 Volume 02 : Number 574 In this issue: [CANSLIM] YHOO [CANSLIM] get paid to surf the net $$$ No Joke ..read the press releasees [CANSLIM] ctl Re: [CANSLIM] ctl Re: [CANSLIM] YHOO Re: [CANSLIM] get paid to surf the net $$$ No Joke ..read the press releasees RE: [CANSLIM] New Marder Column Fw: [CANSLIM] New Marder Column and great modern stock picks Re: [CANSLIM] ctl Re: [CANSLIM] YHOO Re: [CANSLIM] get paid to surf the net $$$ No Joke ..read the press releasees Re: [CANSLIM] ctl RE: [CANSLIM] New Marder Column Re: [CANSLIM] get paid to surf the net $$$ No Joke ..read the press releasees Re: [CANSLIM] New Marder Column [CANSLIM] O'Neil's 26 part series [CANSLIM] get paid to surf the net $$$ No Joke ..read the press releasees ---------------------------------------------------------------------- Date: Thu, 8 Apr 1999 09:03:37 -0500 (CDT) From: mckeen@ix.netcom.com Subject: [CANSLIM] YHOO Hello Paul, My experience with YHOO and other strong internet stocks has been not to place a stop loss. However, you need to watch them often, not only price movement, but chart, news and fundamentals. I have been stopped out often only to see them rise again without me. They are extremely volatile and like all stocks, risky. Do what feels right for you, be alert and know how much you can lose. Hope this helps. Mary - - ------------------------------ Date: Thu, 08 Apr 1999 07:26:48 +0000 From: Jon Daily Subject: [CANSLIM] get paid to surf the net $$$ No Joke ..read the press releasees I recently joined a new Internet service called AllAdvantage.com. You should definitely consider becoming a member. AllAdvantage.com is the Internet company that pays its members while they surf the Web ($.50 an hour). It's free to join and it takes about a minute (no survey to fill out). Just go to http://alladvantage.com/go.asp?refid=3DAML003 (copy and past this address into the location slot on your browser) or clik on it !!!!!!!!!!!!!!! Members are paid for their own Web browsing and for referrals. Please tell as many of your friends about this program as possible. Be sure to enter my ID#(AML-003) when you join. Remember, it"s easy to sign up and it will never cost us a dime! Details below. Let me know how you like it. Regards, JD PLEASE FORWARD THIS MESSAGE TO AS MANY PEOPLE AS POSSIBLE, i REALLY APPRECIATE IT THANKS !!!!!!! Member ID#: AML-003 How AllAdvantage.com membership works: Get Paid to Surf the Web As a member, AllAdvantage.com will pay you 50 cents an hour while you surf the Web for up to 40 hours per month. That's up to $20 per month just for browsing the Internet the way you normally do. All members download the AllAdvantage.com Viewbar=99. The bar is standard ad height, about one-half inch on most screens. The bar can be minimized with a single click to eliminate it from the screen at any time. Refer friends to AllAdvantage.com and receive 10 cents per hour while they surf the Web. And receive an additional 5 cents per hour from the extended referrals that come in from your referrals (for new members extended as far as four referrals from your original referrals!) - - ------------------------------ Date: Thu, 8 Apr 1999 18:50:34 +0300 From: "David S. Pinhasik" Subject: [CANSLIM] ctl Just hit my 8% stop, and I'm out. Anyone else? This just does not make too much sense to me. This stock seemed like a great pick. David A conclusion is simply the place where you got tired of thinking. ============================================ David S. Pinhasik Tadiran Information Systems @ Chaim Sheba Medical Center - Tel Hashomer, Israel 972-3-530-2261 972-3-534-5748 fax dsap@shani.net ============================================ - - ------------------------------ Date: Thu, 8 Apr 1999 12:10:36 -0700 From: "Peter Newell" Subject: Re: [CANSLIM] ctl David, I feel your pain. We discussed this earlier on the list and the conclusion was thats the way it goes sometimes. Peter Newell - -----Original Message----- From: David S. Pinhasik To: canslim@lists.xmission.com Date: Thursday, April 08, 1999 8:55 AM Subject: [CANSLIM] ctl >Just hit my 8% stop, and I'm out. Anyone else? This just does not make too >much sense to me. This stock seemed like a great pick. >David > >A conclusion is simply the place where you got tired of thinking. >============================================ >David S. Pinhasik >Tadiran Information Systems >@ Chaim Sheba Medical Center - Tel Hashomer, Israel >972-3-530-2261 >972-3-534-5748 fax >dsap@shani.net >============================================ > > > > >- > > - - ------------------------------ Date: Thu, 08 Apr 1999 10:46:21 -0700 From: Tim Fisher Subject: Re: [CANSLIM] YHOO I was looking at last Thursday's chart. It looked like a pressure cooker with a faulty lid - check out the volume action. When it dipped huge buyers stepped in. They knew something (i.e. they would beat the whisper number). I was buying in anticipation of earnings, not a breakout. I did say that it was a no-no thing to do. But if it makes you 20% in a day, who is to argue? I believe that gaps get filled, thus fully expect it to dip to under 180. A stop placed any higher is risky. My stop is in the 150's; this is the support. Then again I didn't pay 200+ for it ;) At 11:29 AM 4/7/99 -0400, you wrote: >Hi, I'd like to introduce myself. My name is Paul Huber. I'm new to the >CANSLIM Discussion Group. I'm also new to this type of investing, but I >have read/studied Mr. O'Neil's book. I have a question regarding YHOO. It >did have classic cup with handle base pattern with a breakout on Monday, >4/5, as expected. O'Neil strongly requests that you cut your loss at 8%. >According to him, if you buy at the correct B/O point, the stock rarely >falls below 8% from your purchase price. But, these internet stocks are >soooo volitile. With these types of extremely volitile stocks, are your >chances quite good that you will be sold out at an 8% loss, even though you >bought at the correct B/O? In this case I believe you discover and buy at >B/O point 205-210, which means you cut losses at 189-193. I was slightly >taken back by Mr. Tim Fisher who appeared to buy before B/O point was >confirmed by high volume (he put in market order before market opened on >Mon.). But, he was right on the money. With these types of stocks, is that >they way to do it - buy on the strong anticipation of a B/O. I'm a little >hesitant to do this because I see myself getting burned more often than not. >Please explain. > Tim Fisher, 1995 President, Pacific Fishery Biologists Ore-ROCK-On Rockhounding Web Site PFB Information mailto:tim@OreRockOn.com WWW http://OreRockOn.com - - ------------------------------ Date: Thu, 08 Apr 1999 19:57:05 +0200 From: Johan Van Houtven Subject: Re: [CANSLIM] get paid to surf the net $$$ No Joke ..read the press releasees Sorry, but this looks, sounds, feels and smells like a multilevel marketing scam to me. At 07:26 AM 4/8/99 +0000, you wrote: >I recently joined a new Internet service called AllAdvantage.com. Johan - - ------------------------------ Date: Thu, 08 Apr 1999 14:16:40 -0400 From: Walter Stock Subject: RE: [CANSLIM] New Marder Column > -----Original Message----- > From: Walter Stock [SMTP:wstock@cgocable.net] > Sent: Wednesday, April 07, 1999 11:14 AM > > Using the "new" Canslim rules along with Marder's > insights, I have almost tripled one of my trading accounts > in the last six weeks. > [Wahl, Patrick] > > I think you need post your picks to this list once in a while ;) Afternoon, Patrick Last time I posted, I thought I did ! I know I mentioned AOL, EBAY and YHOO as Canslim candidates, at least under the "new" Canslim rules (as per WON's 26 part series in IBD). My watchlist had those three stocks plus AMZN, ATHM, CMGI, DCLK, EGRP, and (lest you think I have turned into an internet speculator), PFE. I was also close to full margin. I have very recently cut back. Right now I am holding ATHM and DCLK only. It is going to be very hard to sell DCLK because the float is so tiny and there is an ongoing institutional stampede into the stock. Happy trading, Walter Oakville, ONT - Canada - - ------------------------------ Date: Thu, 8 Apr 1999 20:15:50 +0100 From: "Marc Laniado" Subject: Fw: [CANSLIM] New Marder Column and great modern stock picks Dear Walter, Most of these internet stocks still don't have much in the way of earnings - so do you use mostly features such as leadership, sales increases, increasing margins and technical pointers? Do you use any other features such as inverted cash flow, which AMZN runs off?? I see that the ratio I quoted for these stocks in an earlier message is powerful ie (low or less than 1). Do you use something like this to assess them? (current assets - cash and cash equivalents)/(current liabilities - short term debts) From http://www.fool.com/portfolios/RuleMaker/1999/RuleMaker990329.htm http://www.fool.com/portfolios/RuleMaker/1999/RuleMaker990330.htm I see EBAY is close to its old high of $177 on large volume today coming off a period of consolidation. Have you looked at EXODUS communications (EXDS) - massive sales increases and possible dominance in its area, but I don't know much about it. If you have good insight into these internet stocks I would appreciate your opinion. For original CANSLIM stocks - take a look at XTRM - all the features and broke out today on volume, only its a small cap! Broke out of handle from cup on volume (need at least a 15 month chart to see this) Also look at WLFI (Winsloew furniture) great but poor industry group RS of 38, FWRD in another wrong industry group! Marc Marc E Laniado marclaniado@msn.com Tel/Fax: +44 171 731 1354 Mobile +44 973 344 439 - -----Original Message----- From: Walter Stock To: Canslim Group Date: 08 April 1999 19:16 Subject: RE: [CANSLIM] New Marder Column >> -----Original Message----- >> From: Walter Stock [SMTP:wstock@cgocable.net] >> Sent: Wednesday, April 07, 1999 11:14 AM >> >> Using the "new" Canslim rules along with Marder's >> insights, I have almost tripled one of my trading accounts >> in the last six weeks. >> [Wahl, Patrick] >> >> I think you need post your picks to this list once in a while ;) > > >Afternoon, Patrick > >Last time I posted, I thought I did ! I know I mentioned AOL, >EBAY and YHOO as Canslim candidates, at least under the >"new" Canslim rules (as per WON's 26 part series in IBD). > >My watchlist had those three stocks plus AMZN, ATHM, >CMGI, DCLK, EGRP, and (lest you think I have turned into >an internet speculator), PFE. >I was also close to full margin. > >I have very recently cut back. >Right now I am holding ATHM and DCLK only. > >It is going to be very hard to sell DCLK because the float is so tiny >and there is an ongoing institutional stampede into the stock. > >Happy trading, > >Walter >Oakville, ONT - Canada > > > > > > > > >- > > begin 666 Marc Elie Laniado.vcf M0D5'24XZ5D-!4D0-"DXZ3&%N:6%D;SM-87)C.T5L:64-"D9..DUA Subject: Re: [CANSLIM] ctl David, I haven't followed CTL, but I did notice that it was deleted from the S&P Midcap on 3/24. Don't know why. Here is the site: http://www.spglobal.com/index.html TM - --- "David S. Pinhasik" wrote: > Just hit my 8% stop, and I'm out. Anyone else? This just does not make too > much sense to me. This stock seemed like a great pick. > David > > A conclusion is simply the place where you got tired of thinking. > ============================================ > David S. Pinhasik > Tadiran Information Systems > @ Chaim Sheba Medical Center - Tel Hashomer, Israel > 972-3-530-2261 > 972-3-534-5748 fax > dsap@shani.net > ============================================ > > > > > - > > _________________________________________________________ Do You Yahoo!? Get your free @yahoo.com address at http://mail.yahoo.com - - ------------------------------ Date: Thu, 8 Apr 1999 22:03:26 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] YHOO Aw shucks, Dan! While I have never entered a mkt order (buy or sell) before the mkt opened, my lack of time to watch the mkt in detail has forced some changes. I have, on occasion, entered a limit order prior to the open, hedging my bet by setting my limit even further away from the prior close than I would have done with more time to watch. In other words, if I could watch the stock and would be happy with a certain price, then an even better price would be extra insurance if I was filled when I couldn't watch it. Then, if time permitted, watch how the stock is trading after the open and adjust my limit accordingly. This works esp well if the stock does, in fact, perform on open pretty much as you expected (e.g. you expected a gap up, then fall back; or slide further from a prior day selloff before rallying). My time span from the open before entering an order is normally only 15 minutes rather than a half hour. That is usually sufficient time to determine from price, volume and block trades if the stock appears to be trading as expected. In the past, when I have had the time to watch a stock trade by trade, and monitor where the trades were occurring and how it was affecting both the bid/ask and the size of each, I have occasionally entered both mkt and limit orders within five minutes of the open. Again, the key was how badly I wanted the trade; how confident I was in what I was doing; and how the stock was behaving compared to what I expected. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html - -----Original Message----- From: Dan Musicant To: canslim@lists.xmission.com Date: Thursday, April 08, 1999 9:41 AM Subject: Re: [CANSLIM] YHOO On Wed, 7 Apr 1999 11:29:12 -0400 , you wrote: I think it is a major mistake to put in a market order before a stock even opens. I have been burned rather severely a few times and have sworn off the practice. Tom Worley, who is probably the most knowledgable and experienced (in equities investments) person posting in this newletter, has declared that he has never engaged in this practice, and expects to never do so. It is always wise to let the market run for at least a half hour before making a trade, except in rare instances where a stock is acting exactly as you anticipate. I have noticed that when a stock gaps up on open it usually retreats 1/2 to 1 hour later, and you can pick it up quite a bit cheaper than you otherwise would have. - - ------------------------------ Date: Thu, 8 Apr 1999 22:07:30 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] get paid to surf the net $$$ No Joke ..read the press releasees And not only that, smells pretty commercial to me, and from a non active and non contributing member. Anyone remember an intro from Jon Daily?? Or any kind of post vaguely resembling CANSLIM? I think the direct word for this is "pyramid scheme"?? Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html - -----Original Message----- From: Johan Van Houtven To: canslim@lists.xmission.com Date: Thursday, April 08, 1999 1:57 PM Subject: Re: [CANSLIM] get paid to surf the net $$$ No Joke ..read the press releasees Sorry, but this looks, sounds, feels and smells like a multilevel marketing scam to me. At 07:26 AM 4/8/99 +0000, you wrote: >I recently joined a new Internet service called AllAdvantage.com. Johan - - - - ------------------------------ Date: Thu, 8 Apr 1999 22:32:01 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] ctl David, Congrats on sticking to your stop, regardless on where the price goes from here. I am not especially familiar with this one, but did take a quick look tonight at DGO and note several things. C - current (4 qtrs) earnings are good, ranging from +20% to +37% increases year to year A - Annual earnings are not so robust, current and next year forecasts call for gains of only 11 and 14%, better to see this at least over 20%. And the five year earnings growth is only 16% N - Haven't researched what is new or unusual about this one S - forget S, and I as well, small caps are still out L - With an RS of only 88, it is not only below the GRS of 93 in a strong group, but also well below the top five in the group I - see S above, however I do note that Management only owns 3% (roughly 2.76 mil shares) while funds already have 18% (approx 16 mil shares without even considering how much of management's shares are restricted from being sold), guess who ultimately has greater influence over its stock price in the short term? M - pretty ugly from my perspective, I hate to see these huge up days and new records on major indexes when more stocks decline than improve, or are barely the opposite; and new lows continue to surpass new highs I also note that ROE is only 14%, well under a more desirable 20% or better; debt is high at 167%; and the up/down volume ratio is an anemic 0.7, below a minimally acceptable 0.8 to 1.0. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html - -----Original Message----- From: David S. Pinhasik To: canslim@lists.xmission.com Date: Thursday, April 08, 1999 11:56 AM Subject: [CANSLIM] ctl Just hit my 8% stop, and I'm out. Anyone else? This just does not make too much sense to me. This stock seemed like a great pick. David A conclusion is simply the place where you got tired of thinking. ============================================ David S. Pinhasik Tadiran Information Systems @ Chaim Sheba Medical Center - Tel Hashomer, Israel 972-3-530-2261 972-3-534-5748 fax dsap@shani.net ============================================ - - - - ------------------------------ Date: Thu, 8 Apr 1999 21:57:51 -0800 From: "Patrick Wahl" Subject: RE: [CANSLIM] New Marder Column Date sent: Thu, 08 Apr 1999 14:16:40 -0400 From: Walter Stock > Last time I posted, I thought I did ! I know I mentioned AOL, > EBAY and YHOO as Canslim candidates, at least under the > "new" Canslim rules (as per WON's 26 part series in IBD). Maybe I just need to be a bit more attentive. - - ------------------------------ Date: Fri, 09 Apr 1999 04:30:45 GMT From: musicant@autobahn.org (Dan Musicant) Subject: Re: [CANSLIM] get paid to surf the net $$$ No Joke ..read the press releasees On Thu, 8 Apr 1999 22:07:30 -0400, you wrote: :And not only that, smells pretty commercial to me, and from :a non active and non contributing member. Anyone remember an :intro from Jon Daily?? Or any kind of post vaguely :resembling CANSLIM? I think the direct word for this is :"pyramid scheme"?? : :Tom Worley :stkguru@netside.net I have over 6400 messages from the CANSLIM list dating back to May 1997, and there is no message among them from Jon Daily, so I doubt he's ever posted here before. Dan - - ------------------------------ Date: Fri, 9 Apr 1999 08:39:53 -0400 From: "James Adams" Subject: Re: [CANSLIM] New Marder Column Patrick wrote: >>..as Canslim candidates, at least under the > > "new" Canslim rules (as per WON's 26 part series in IBD). I no longer get IBD. Could someone update me on the new Canslim Rules? TIA, James Adams jadams@ntr.net jimadams@may-uky.campus.mci.net Maysville, KY USA - - ------------------------------ Date: Fri, 9 Apr 1999 09:39:39 -0400 From: "Johnny Lloyd" Subject: [CANSLIM] O'Neil's 26 part series James go to http://www.investors.com for the 26 week "new" canslim rules John - ----- Original Message ----- From: James Adams To: Sent: Friday, April 09, 1999 8:39 AM Subject: Re: [CANSLIM] New Marder Column > Patrick wrote: > > >>..as Canslim candidates, at least under the > > > "new" Canslim rules (as per WON's 26 part series in IBD). > > I no longer get IBD. Could someone update me on the new Canslim Rules? > TIA, > James Adams > jadams@ntr.net > jimadams@may-uky.campus.mci.net > Maysville, KY USA > > > - > > - - ------------------------------ Date: Fri, 9 Apr 1999 09:24:05 -0600 From: "Jeff Salisbury" Subject: [CANSLIM] get paid to surf the net $$$ No Joke ..read the press releasees Everyone, To my great chagrin, this message got through to the group. In fact, the message was automatically intercepted -- I must have fat fingered it and accidentally forwarded it to the group. My apologies. However, let it be known that Mr. Daily was summarily removed and banned from our group. There is zero tolerance for spamming in our group... Best Regards, Jeff - -----Original Message----- From: Jon Daily To: canslim@xmission.com Date: Thursday, April 08, 1999 10:26 AM Subject: [CANSLIM] get paid to surf the net $$$ No Joke ..read the press releasees - -------------------------- - - ------------------------------ End of canslim-digest V2 #574 ***************************** 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.