From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #899 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 Tuesday, May 16 2000 Volume 02 : Number 899 In this issue: [CANSLIM] Vol on HGS stocks [CANSLIM] FOMC Re: [CANSLIM] FOMC Re: [CANSLIM] FOMC [CANSLIM] Wow you guys are dead or what? ---------------------------------------------------------------------- Date: Mon, 15 May 2000 14:14:37 -0700 From: Tim Fisher Subject: [CANSLIM] Vol on HGS stocks Some nice moves by HGS stocks within 15% of their highs today on impressive volume. PLXS is the only one that managed to break out to a new high though. I suspect many breakouts will happen tomorrow if the NASDAQ rallies again on the Fed news. VSH and TER were featured in Cabot's newsletter last week. I'd expect them to pop given a good M. Does anyone know where we are on the f/t day watch? I'd guess we are on the third day following the retest of the lows so tomorrow is within the window, as was today. Vol on the NAZ today is weak but it was heavy in the stocks I watch. Maybe that presages something? Does vol pick up in the leaders of the next leg up before it picks up in the indices? From Upside Today: The Nasdaq composite index picked up 78.59, or 2.23 percent, to settle at 3607.65. Advancing issues outpaced decliners on the Nasdaq 2,152 to 1,885 on very low volume of 1.2 billion. My current watch list from HGS group 1 is below FYI. E: 80-99, R: 80-99, G: 80-99, A/D: ABC, price >= $10.00, within 15% of 52 week high, at least 2 times greater than the 52-week low, 50 day ADV >= 10k. AMK ASGN BJS CDWC CHCS CHP DFXI DY FAST HSM ICUI IMPH KP LTRE NSIT PCCC PLT PLXS POOL PWER RARE TNL VSH Discl: I own PLXS Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - - ------------------------------ Date: Mon, 15 May 2000 21:52:04 -0400 From: "Tom Worley" Subject: [CANSLIM] FOMC For what it's worth, I am expecting a 50 basis point hike on Tuesday. The Industrial Production and Capacity Utilization reports today offset some of the weaker reports last week, and tho the CPI is expected to be flat tomorrow (Housing Starts expected to be up), I don't think that can show enough slowing to avoid half a percent hike. It actually should be good for us, as the sentiment seems to be that half a percent means the Feds are close to being done with hikes, while 25 BP would mean a continual overhang of another pending rate hike. Average Weekly Earnings for April, also due out tomorrow morning, will give another clue on the direction of inflation, but I do not expect it to change the Fed decisions. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html - - ------------------------------ Date: Mon, 15 May 2000 21:23:50 -0600 From: "Patrick Wahl" Subject: Re: [CANSLIM] FOMC Does anyone know when the announcement will be made? I never know when its one of the two day meetings or a one day meeting. On 15 May 00, at 21:52, Tom Worley wrote: > For what it's worth, I am expecting a 50 basis point hike on > Tuesday. The Industrial Production and Capacity Utilization > reports today offset some of the weaker reports last week, and > tho the CPI is expected to be flat tomorrow (Housing Starts > expected to be up), I don't think that can show enough slowing to > avoid half a percent hike. It actually should be good for us, as > the sentiment seems to be that half a percent means the Feds are > close to being done with hikes, while 25 BP would mean a > continual overhang of another pending rate hike. > > Average Weekly Earnings for April, also due out tomorrow morning, > will give another clue on the direction of inflation, but I do > not expect it to change the Fed decisions. > > Tom Worley > stkguru@netside.net > chat with me at ICQ # 5568838 > get ICQ software at http://www.icq.com/icqhomepage.html > > > > > - > - - ------------------------------ Date: 15 May 2000 20:24:54 -0700 From: "Tim Fisher" Subject: Re: [CANSLIM] FOMC Usually 2:15 PM Eastern, this is a 1-day mtg, methinks. At 09:23 PM 5/15/00 -0600, you wrote: >Does anyone know when the announcement will be made? I never >know when its one of the two day meetings or a one day meeting. > >On 15 May 00, at 21:52, Tom Worley wrote: > > > For what it's worth, I am expecting a 50 basis point hike on > > Tuesday. The Industrial Production and Capacity Utilization > > reports today offset some of the weaker reports last week, and > > tho the CPI is expected to be flat tomorrow (Housing Starts > > expected to be up), I don't think that can show enough slowing to > > avoid half a percent hike. It actually should be good for us, as > > the sentiment seems to be that half a percent means the Feds are > > close to being done with hikes, while 25 BP would mean a > > continual overhang of another pending rate hike. > > > > Average Weekly Earnings for April, also due out tomorrow morning, > > will give another clue on the direction of inflation, but I do > > not expect it to change the Fed decisions. > > > > Tom Worley > > stkguru@netside.net > > chat with me at ICQ # 5568838 > > get ICQ software at http://www.icq.com/icqhomepage.html > > > > > > > > > > - > > > > > >- Tim Fisher, 1995 President, Pacific Fishery Biologists Ore-ROCK-On Rockhounding Web Site PFB Information mailto:tim@OreRockOn.com WWW http://OreRockOn.com - - ------------------------------ Date: Tue, 16 May 2000 14:29:14 -0700 From: Tim Fisher Subject: [CANSLIM] Wow you guys are dead or what? OK I'll go first. NAZ closed up 3% on 1.49 billion, larger than yesterday's 1.2 billion but still under the ADV of 1.65 billion. This is on the fourth day following the retest of the intraday low. Even if the rally began last Thursday, this is the third day following the start. That's 333 pts. or 10% in 4 trading days. F/T day or not? Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - - ------------------------------ End of canslim-digest V2 #899 ***************************** 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.