From: "Tom Worley" Subject: Re: [CANSLIM] GAIA Date: 01 Jan 2002 04:38:15 -0500 Hi Harvey, Normally I would agree that funds ownership of 58% (DGO shows 59%) would be worrisome. But in this case, of the 8.4 million shares issued, all but 1.8 million are owned by Management. So the funds ownership only amounts to about 1 million shares. So it is nearly a private company, and likely to be run the same way (which isn't necessarily bad), with shareholders having little say. Even the funds will have little influence. The lack of a trading float also contributes to volatility with ADV at 44K shares. The upside of this is that the true owners (Management) have far more to lose than any investor, or all investors combined including the funds, so it's up to them to run the company well. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message ----- Sent: Monday, December 31, 2001 11:16 PM > I agree with concern about today's close near the day's low but most of the > day's volume was in the first 1 1/2 hours and the stock spent most of the day > near the midpoint of the day's range. > > I see a pivot point on the daily chart at 20.56 with a pretty good 2 week handle > on declining volume. I also see a pivot point on the weekly chart of 20.25 in > August with a 4 month handle on declining volume following a 15 month base. > (This pivot was hit on 12/12 and although having pulled back since then has not > broken below the base of the 4 month handle.) > > My biggest concerns are the 58% fund ownership and the fact that I can't figure > out what their business is. If I believed in the business I'd consider an entry > at 21.50 and keep the stop tight because of the high fund ownership. > > Tom Worley wrote: > > > Andreas, you got your gap up, but I would be concerned about it closing > > almost at the low of the day on very heavy volume (what Katherine calls a > > tail). I also would be interested in you explaining how you selected your > > pivot or entry point, as I do not see a good one (other than the base it > > built between 15 and 16.50). > > > > Tom Worley > > stkguru@netside.net > > AIM: TexWorley > > ----- Original Message ----- > > From: "Andreas Himmelreich" > > To: > > Sent: Monday, December 31, 2001 8:49 AM > > Subject: [CANSLIM] GAIA > > > > > GAIA Broke out on Friday > > > > > > CWH (Weekly Chart) > > > Industry Group is in a very good uptrend (Price and Relative Strength) > > > > > > Pros --> > > > > > > High RS of Industry Group (97), RS 88, EPS 98, Acc Diss A, SMR A, Timeless > > > A, Shares 8.4 Million (1.8 Million Free Float), MGM Ownership 78%, > > > 12 Funds are invested, 4 more then in June, ROI 16%, Dept 31% (not to high > > > for a retail comp) > > > Accelarating Sales. Business Model seems to me very interesting > > > (Environmental Lifestile stuff, Scalable through the web) > > > > > > Cons --> > > > > > > New CFO, Institutions are in big time (over 70% Institutions, I know the > > > numbers do not add up, > > > I guess they have 70% the remaining 22% (100 - 78 (MGM Ownership) = 22%). > > > So if the institutions sell, price goes down > > > fast. > > > > > > I will get in today if there is a gap up today. I will wait if the open is > > > flat. > > > > > > See you > > > > > > Andreas > > > > > > > > > > > > > > > > > > > > > > > > > > > - > > > -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. > > - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] GAIA Date: 31 Dec 2002 22:50:40 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_008E_01C1924D.926C6940 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable GAIA business: Have you seen the "Living Arts" DVDs and videos in the = stores? Yoga, Pilates, Balance ball, etc. Also mats and other = accessories for these types of exercise. Organic cotton wearables, = natural lifestyle and home items. Mail order and retail both. You'll see = them in Whole Foods (once connected, but spun off), Barnes & Noble, = Nature Store, etc. Excellent customer service and a niche market much to = themselves with good marketing. Only 1.8m shares in float, 59% owned by institutions. Most of the = outstanding shares still owned by management and other insiders (78%): 6/20/00: Whole Foods Market Inc. and Gaiam, Inc. announced they have = merged their Internet properties into a newly formed company named = Gaiam.com, Inc. Following the merger, Gaiam will own 50.1% of Gaiam.com, = Inc. and Amrion, Inc., formerly WholePeople.com, an-80% owned subsidiary = of Whole Foods Market will own the remaining 49.9%. Gaiam will continue = to consolidate Gaiam.com results with Gaiam's other operations. Amrion = will account for its investment in Gaiam.com under the equity method. Katherine ----- Original Message -----=20 From: Harvey Brion=20 To: canslim@lists.xmission.com=20 Sent: Monday, December 31, 2001 10:16 PM Subject: Re: [CANSLIM] GAIA I agree with concern about today's close near the day's low but most = of the day's volume was in the first 1 1/2 hours and the stock spent most of = the day near the midpoint of the day's range. I see a pivot point on the daily chart at 20.56 with a pretty good 2 = week handle on declining volume. I also see a pivot point on the weekly chart of = 20.25 in August with a 4 month handle on declining volume following a 15 month = base. (This pivot was hit on 12/12 and although having pulled back since = then has not broken below the base of the 4 month handle.) My biggest concerns are the 58% fund ownership and the fact that I = can't figure out what their business is. If I believed in the business I'd = consider an entry at 21.50 and keep the stop tight because of the high fund ownership. Tom Worley wrote: > Andreas, you got your gap up, but I would be concerned about it = closing > almost at the low of the day on very heavy volume (what Katherine = calls a > tail). I also would be interested in you explaining how you = selected your > pivot or entry point, as I do not see a good one (other than the = base it > built between 15 and 16.50). > > Tom Worley > stkguru@netside.net > AIM: TexWorley > ----- Original Message ----- > From: "Andreas Himmelreich" > To: > Sent: Monday, December 31, 2001 8:49 AM > Subject: [CANSLIM] GAIA > > > GAIA Broke out on Friday > > > > CWH (Weekly Chart) > > Industry Group is in a very good uptrend (Price and Relative = Strength) > > > > Pros --> > > > > High RS of Industry Group (97), RS 88, EPS 98, Acc Diss A, SMR A, = Timeless > > A, Shares 8.4 Million (1.8 Million Free Float), MGM Ownership 78%, > > 12 Funds are invested, 4 more then in June, ROI 16%, Dept 31% (not = to high > > for a retail comp) > > Accelarating Sales. Business Model seems to me very interesting > > (Environmental Lifestile stuff, Scalable through the web) > > > > Cons --> > > > > New CFO, Institutions are in big time (over 70% Institutions, I = know the > > numbers do not add up, > > I guess they have 70% the remaining 22% (100 - 78 (MGM Ownership) = =3D 22%). > > So if the institutions sell, price goes down > > fast. > > > > I will get in today if there is a gap up today. I will wait if the = open is > > flat. > > > > See you > > > > Andreas > > > > > > > > > > > > > > > > > > - > > -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. ------=_NextPart_000_008E_01C1924D.926C6940 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
GAIA business: Have you seen the "Living Arts" DVDs and videos in = the=20 stores? Yoga, Pilates, Balance ball, etc. Also mats and other = accessories for=20 these types of exercise. Organic cotton wearables, natural lifestyle and = home=20 items. Mail order and retail both. You'll see them in Whole Foods (once=20 connected, but spun off), Barnes & Noble, Nature Store, etc. = Excellent=20 customer service and a niche market much to themselves with good=20 marketing.
 
Only 1.8m shares in float, 59% owned by institutions. Most of the=20 outstanding shares still owned by management and other insiders = (78%):
 
6/20/00: Whole Foods Market Inc. and Gaiam, = Inc.=20 announced they have merged their Internet properties into a newly formed = company=20 named Gaiam.com, Inc. Following the merger, Gaiam will own 50.1% of = Gaiam.com,=20 Inc. and Amrion, Inc., formerly WholePeople.com, an-80% owned subsidiary = of=20 Whole Foods Market will own the remaining 49.9%. Gaiam will continue to=20 consolidate Gaiam.com results with Gaiam's other operations. Amrion will = account=20 for its investment in Gaiam.com under the equity method.
 
Katherine
----- Original Message -----
From:=20 Harvey = Brion
Sent: Monday, December 31, 2001 = 10:16=20 PM
Subject: Re: [CANSLIM] = GAIA

I agree with concern about today's close near the day's = low but=20 most of the
day's volume was in the first 1 1/2 hours and the stock = spent=20 most of the day
near the midpoint of the day's range.

I see = a pivot=20 point on the daily chart at 20.56 with a pretty good 2 week = handle
on=20 declining volume.  I also see a pivot point on the weekly chart = of 20.25=20 in
August with a 4 month handle on declining volume following a 15 = month=20 base.
(This pivot was hit on 12/12 and although having pulled back = since=20 then has not
broken below the base of the 4 month = handle.)

My=20 biggest concerns are the 58% fund ownership and the fact that I can't=20 figure
out what their business is.  If I believed in the = business I'd=20 consider an entry
at 21.50 and keep the stop tight because of the = high fund=20 ownership.

Tom Worley wrote:

> Andreas, you got your = gap up,=20 but I would be concerned about it closing
> almost at the low of = the day=20 on very heavy volume (what Katherine calls a
> tail).  I = also would=20 be interested in you explaining how you selected your
> pivot or = entry=20 point, as I do not see a good one (other than the base it
> = built=20 between 15 and 16.50).
>
> Tom Worley
> stkguru@netside.net
> = AIM:=20 TexWorley
> ----- Original Message -----
> From: "Andreas=20 Himmelreich" <judgejimmy@web.de>
> = = href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com= >
>=20 Sent: Monday, December 31, 2001 8:49 AM
> Subject: [CANSLIM]=20 GAIA
>
> > GAIA Broke out on Friday
> = >
> >=20 CWH (Weekly Chart)
> > Industry Group is in a very good = uptrend=20 (Price and Relative Strength)
> >
> > Pros = -->
>=20 >
> > High RS of Industry Group (97), RS 88, EPS 98, Acc = Diss A,=20 SMR A, Timeless
> > A, Shares 8.4 Million (1.8 Million Free = Float),=20 MGM Ownership 78%,
> > 12 Funds are invested, 4 more then in = June,=20 ROI 16%, Dept 31% (not to high
> > for a retail comp)
> = >=20 Accelarating Sales. Business Model seems to me very = interesting
> >=20 (Environmental Lifestile stuff, Scalable through the web)
> = >
>=20 > Cons -->
> >
> > New CFO, Institutions are = in big=20 time (over 70% Institutions, I know the
> > numbers do not = add=20 up,
> > I guess they have 70% the remaining 22% (100 - 78 = (MGM=20 Ownership) =3D 22%).
> > So if the institutions sell, price = goes=20 down
> > fast.
> >
> > I will get in today = if there=20 is a gap up today. I will wait if the open is
> > = flat.
>=20 >
> > See you
> >
> > Andreas
>=20 >
> >
> >
> >
> >
> = >
>=20 >
> >
> > -
> > -To = subscribe/unsubscribe, email=20 "majordomo@xmission.com"
>= ;=20 > -In the email body, write "subscribe canslim" or
> >=20 -"unsubscribe canslim".  Do not use quotes in your email.
> = >
> >
>
> -
> -To subscribe/unsubscribe, = email=20 "majordomo@xmission.com"
>= ;=20 -In the email body, write "subscribe canslim" or
> -"unsubscribe = canslim".  Do not use quotes in your email.


-
-To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your email. ------=_NextPart_000_008E_01C1924D.926C6940-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Gene Ricci Subject: [CANSLIM] Next Move In The Markets Date: 01 Jan 2002 11:46:57 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_027F_01C192BA.045ED260 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Right now the predictions for the year 2002 are all over the place. =20 The 'bears' are calling for a correction (don't they always), the = 'bulls' are calling for a resurgence (don't they always). I'm calling = for a choppy market with a bias to the upside that will most likely get = us to 2500 by the end of 2002. I think we'll be in a correction by = mid-January... Thoughts? Gene ------=_NextPart_000_027F_01C192BA.045ED260 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Right now the predictions for = the year=20 2002 are all over the place. 

The 'bears' are calling for a correction (don't = they always),=20 the 'bulls' are calling for a resurgence (don't they always). I'm = calling for a=20 choppy market with a bias to the upside that will most likely get us to = 2500 by=20 the end of 2002. I think we'll be in a correction by=20 mid-January...

Thoughts?

Gene

 

------=_NextPart_000_027F_01C192BA.045ED260-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Dan Forant" Subject: Re: [CANSLIM] Next Move In The Markets Date: 01 Jan 2002 14:22:07 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_0015_01C192CF.B18D5640 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Gene, Your predictions are as good as any, and your probably not getting paid = for them. My guess is the more bickering in Washington and the less they = do, the better off we'll be. Past and 1st first quarter negative = estimates will improve some. Rate cuts take 6 mos to a year to kick in. = The airline industry will continue to suffer. I'm not flying, and not = just because of terrorism. Unemployment will not go down till end of = 2002. Slow growth till fall. A lot of short term breakouts and maybe a = few diamonds in the rough. How's that?? DanF ----- Original Message -----=20 From: Gene Ricci=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, January 01, 2002 12:46 PM Subject: [CANSLIM] Next Move In The Markets Right now the predictions for the year 2002 are all over the place. =20 The 'bears' are calling for a correction (don't they always), the = 'bulls' are calling for a resurgence (don't they always). I'm calling = for a choppy market with a bias to the upside that will most likely get = us to 2500 by the end of 2002. I think we'll be in a correction by = mid-January... Thoughts? Gene ------=_NextPart_000_0015_01C192CF.B18D5640 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Gene,
 
Your predictions are as good as any, = and your=20 probably not getting paid for them. My guess is the more bickering in = Washington=20 and the less they do, the better off we'll be. Past and 1st first = quarter=20 negative estimates will improve some. Rate cuts take 6 mos to a year to = kick in.=20 The airline industry will continue to suffer. I'm not flying, and not = just=20 because of terrorism. Unemployment will not go down till end of 2002. = Slow=20 growth till fall.  A lot of short term breakouts and maybe a few = diamonds=20 in the rough. How's that??
 
DanF
----- Original Message -----
From:=20 Gene = Ricci
Sent: Tuesday, January 01, 2002 = 12:46=20 PM
Subject: [CANSLIM] Next Move In = The=20 Markets

Right now the predictions = for the year=20 2002 are all over the place. 

The 'bears' are calling for a correction (don't = they=20 always), the 'bulls' are calling for a resurgence (don't they always). = I'm=20 calling for a choppy market with a bias to the upside that will most = likely=20 get us to 2500 by the end of 2002. I think we'll be in a=20 correction by mid-January...

Thoughts?

Gene

 

------=_NextPart_000_0015_01C192CF.B18D5640-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] Next Move In The Markets Date: 01 Jan 2002 14:39:22 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_000D_01C192D2.1A543C00 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable I'll be my normal bullish self. I expect a strong January and a positive = February, followed by a weak March. I expect Q4 results to mostly beat = expectations, thereby increasing expectations for the new year. I think = the economy has bottomed, as has industrial production, consumer = spending remains decent and will accelerate. One area not mentioned a = lot is internet spending, which I think increased sharply in the Q4 as = people stayed home. This will further increase. I believe GDP for Q4 = will be close to zero, slightly positive or negative, too close for me = to call. I anticipate increased economic activity during the Q1, with forecasts = of earnings being raised for both the quarter and year. Unemployment = will top out at 6.1% by early summer, then begin falling (and might = happen even quicker and from a slightly lower level of unemployment). I = do not expect another Fed rate cut, and do expect a rate hike by early = summer. That will send the markets into a frenzy for a while, and cause = a short term correction. But I do not expect inflation to become such a = big problem that we end up with a continued series of rate hikes. The = global economy is still simply too weak. I also expect to see the specter of Osama remain around for a number of = months, maybe with Omar as part of the picture. We don't really want to = capture him, the custody and legal process would be a huge burden. And = we want him still alive as he serves as a great justification for = further military action against terrorist targets. So we can't find him, = at least for now.=20 I look for the DOW to break 12,000 then correct back before motoring on = to 13,500 or better by year's end. For NASDAQ I look for a strong first = half, possibly gaining to 2,500 or more, then consolidating thru the = summer before again moving higher by year's end, my target is 2,650. OK, admittedly, there is absolutely no scientific or CANSLIM basis for = this, but then I did pretty well in 2001 going with my gut instincts. = And things have been looking much better lately. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Dan Forant=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, January 01, 2002 2:22 PM Subject: Re: [CANSLIM] Next Move In The Markets Gene, Your predictions are as good as any, and your probably not getting = paid for them. My guess is the more bickering in Washington and the less = they do, the better off we'll be. Past and 1st first quarter negative = estimates will improve some. Rate cuts take 6 mos to a year to kick in. = The airline industry will continue to suffer. I'm not flying, and not = just because of terrorism. Unemployment will not go down till end of = 2002. Slow growth till fall. A lot of short term breakouts and maybe a = few diamonds in the rough. How's that?? DanF ----- Original Message -----=20 From: Gene Ricci=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, January 01, 2002 12:46 PM Subject: [CANSLIM] Next Move In The Markets Right now the predictions for the year 2002 are all over the place. = The 'bears' are calling for a correction (don't they always), the = 'bulls' are calling for a resurgence (don't they always). I'm calling = for a choppy market with a bias to the upside that will most likely get = us to 2500 by the end of 2002. I think we'll be in a correction by = mid-January... Thoughts? Gene ------=_NextPart_000_000D_01C192D2.1A543C00 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
I'll be my normal bullish self. I expect a = strong January=20 and a positive February, followed by a weak March. I expect Q4 results = to mostly=20 beat expectations, thereby increasing expectations for the new year. I = think the=20 economy has bottomed, as has industrial production, consumer spending = remains=20 decent and will accelerate. One area not mentioned a lot is internet = spending,=20 which I think increased sharply in the Q4 as people stayed home. This = will=20 further increase. I believe GDP for Q4 will be close to zero, slightly = positive=20 or negative, too close for me to call.
 
I anticipate increased economic activity during = the Q1,=20 with forecasts of earnings being raised for both the quarter and year.=20 Unemployment will top out at 6.1% by early summer, then begin falling = (and might=20 happen even quicker and from a slightly lower level of = unemployment).  I do=20 not expect another Fed rate cut, and do expect a rate hike by early = summer. That=20 will send the markets into a frenzy for a while, and cause a short term=20 correction. But I do not expect inflation to become such a big problem = that we=20 end up with a continued series of rate hikes. The global economy is = still simply=20 too weak.
 
I also expect to see the specter of Osama remain = around=20 for a number of months, maybe with Omar as part of the picture. We don't = really=20 want to capture him, the custody and legal process would be a huge = burden. And=20 we want him still alive as he serves as a great justification for = further=20 military action against terrorist targets. So we can't find him, at = least for=20 now.
 
I look for the DOW to break 12,000 then correct = back=20 before motoring on to 13,500 or better by year's end. For NASDAQ I look = for a=20 strong first half, possibly gaining to 2,500 or more, then consolidating = thru=20 the summer before again moving higher by year's end, my target is=20 2,650.
 
OK, admittedly, there is absolutely no = scientific or=20 CANSLIM basis for this, but then I did pretty well in 2001 going with my = gut=20 instincts. And things have been looking much better lately.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Dan=20 Forant
Sent: Tuesday, January 01, 2002 = 2:22=20 PM
Subject: Re: [CANSLIM] Next = Move In The=20 Markets

Gene,
 
Your predictions are as good as any, = and your=20 probably not getting paid for them. My guess is the more bickering in=20 Washington and the less they do, the better off we'll be. Past and 1st = first=20 quarter negative estimates will improve some. Rate cuts take 6 mos to = a year=20 to kick in. The airline industry will continue to suffer. I'm not = flying, and=20 not just because of terrorism. Unemployment will not go down till end = of 2002.=20 Slow growth till fall.  A lot of short term breakouts and maybe a = few=20 diamonds in the rough. How's that??
 
DanF
----- Original Message -----
From:=20 Gene = Ricci
Sent: Tuesday, January 01, = 2002 12:46=20 PM
Subject: [CANSLIM] Next Move = In The=20 Markets

Right now the predictions = for the=20 year 2002 are all over the place. =20

The 'bears' are calling for a correction (don't = they=20 always), the 'bulls' are calling for a resurgence (don't they = always). I'm=20 calling for a choppy market with a bias to the upside that will most = likely=20 get us to 2500 by the end of 2002. I think we'll be in a=20 correction by mid-January...

Thoughts?

Gene

 

------=_NextPart_000_000D_01C192D2.1A543C00-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: AW: [CANSLIM] GAIA Date: 01 Jan 2002 23:54:44 +0100 I got it from DGO > -----Ursprungliche Nachricht----- > Von: Spencer48@aol.com [SMTP:Spencer48@aol.com] > Gesendet am: Monday, December 31, 2001 7:45 PM > An: canslim@lists.xmission.com > Betreff: Re: [CANSLIM] GAIA > > Andreas: > > How did you determine the new funds that invested in the stock: Do you > keep back issues of IBD and compare? Or do you use an Internet resource, and > if so, what is the URL (ie. the address)? > > jans > > > In a message dated 12/31/2001 8:45:27 AM Eastern Standard Time, > judgejimmy@web.de writes: > > << 12 Funds are invested, 4 more then in Jun... >> > > - > -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. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: AW: [CANSLIM] GAIA Date: 01 Jan 2002 23:55:56 +0100 Sorry: DGO beta --> http://beta.dailygraphs.com/formslogin.asp, weekly view of the stock > -----Ursprungliche Nachricht----- > Von: Andreas Himmelreich [SMTP:judgejimmy@web.de] > Gesendet am: Tuesday, January 01, 2002 11:55 PM > An: 'canslim@lists.xmission.com' > Betreff: AW: [CANSLIM] GAIA > > I got it from DGO > > > -----Ursprungliche Nachricht----- > > Von: Spencer48@aol.com [SMTP:Spencer48@aol.com] > > Gesendet am: Monday, December 31, 2001 7:45 PM > > An: canslim@lists.xmission.com > > Betreff: Re: [CANSLIM] GAIA > > > > Andreas: > > > > How did you determine the new funds that invested in the stock: Do you > > keep back issues of IBD and compare? Or do you use an Internet resource, and > > if so, what is the URL (ie. the address)? > > > > jans > > > > > > In a message dated 12/31/2001 8:45:27 AM Eastern Standard Time, > > judgejimmy@web.de writes: > > > > << 12 Funds are invested, 4 more then in Jun... >> > > > > - > > -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. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: AW: [CANSLIM] GAIA Date: 02 Jan 2002 00:37:05 +0100 Tom, I am not concerned, my SL is very tight and the IG Trend is up, so I belive there is a good chance that the BO will work. I am not good in calculating pivot points, the whole entry strategy of Oneil just does not work for me and a 50/50 chance is not good enough for me. What I am trying to do is to get in before the breakout. If I miss it I still consider to go in (as with GAIA), but that depends on how strong the industry trend is. What determines if a breakout works or not? I bet on the Industry Group Trend (and what I did backtest so far looks good enough for me, so that I try this now). So I do not use the rule that if you miss a breakout 10% above Pivot, that you should not go in. The Industry Group Chart that gave a buy signal on 12/27, which I was not reacting to, because I had some other unfortunate private things to do. (A buy signal of an Industry Group is for me: Price breaks out of a consolidation area, RS and Price of the Group is in a clear uptrend and I apply chart patterns that are known from individual stocks to the group, furthermore RS of the IG should be above 80, better 90) I completly changed my strategy, I only look from top down (Market --> Industry Group --> Stock). A IG sets up a bull market for its members, that can even go against the whole market. Oil and Medical Stocks had great returns in 2000 or 2001. From where did TARO come? When a IG gives me a signal, I simply look up the stocks that look fundamentally and technically good (applying Canslim Criteria). Example FDS --> FDS seems fundamentally to be OK, RS is a litle weak, but 70 is still OK for me because the IG Strength is above 80. Now the important part: Industry Group is in a good uptrend, RS is 85, RS and price make new highs almost every day. Chart of FDS has a real nice Flag and I can go in very agressivly with a real tight stop (I try to get in tomorow for 35 and the SL will be around 34). and simply wait for a breakout. I can use margin on my account (due to the tighter stop loss) and can so spread my bets to 8 - 10 Stocks. I am not sure how long I will wait, but so fare it never took longer then a week to be stoped out or to be in before the BO. Since I use this strategy I have some promising results and my portfolio is doing great during downdays of the market. I got in SIDE (before), ROOM (well before), RSC (before), FHRX (after breakout, because I liked the IG Trend), RYL (After). Even better, I use it also for selling: ECTX and UTSI got out (with a win) after I saw that the IG is not ready yet (Its still basing). I know this is not all sound and not yet backtestet, but something tells me that I should try this. See you Andreas > -----Ursprungliche Nachricht----- > Von: Tom Worley [SMTP:stkguru@netside.net] > Gesendet am: Tuesday, January 01, 2002 2:40 AM > An: canslim@lists.xmission.com > Betreff: Re: [CANSLIM] GAIA > > Andreas, you got your gap up, but I would be concerned about it closing > almost at the low of the day on very heavy volume (what Katherine calls a > tail). I also would be interested in you explaining how you selected your > pivot or entry point, as I do not see a good one (other than the base it > built between 15 and 16.50). > > Tom Worley > stkguru@netside.net > AIM: TexWorley > ----- Original Message ----- > From: "Andreas Himmelreich" > To: > Sent: Monday, December 31, 2001 8:49 AM > Subject: [CANSLIM] GAIA > > > > GAIA Broke out on Friday > > > > CWH (Weekly Chart) > > Industry Group is in a very good uptrend (Price and Relative Strength) > > > > Pros --> > > > > High RS of Industry Group (97), RS 88, EPS 98, Acc Diss A, SMR A, Timeless > > A, Shares 8.4 Million (1.8 Million Free Float), MGM Ownership 78%, > > 12 Funds are invested, 4 more then in June, ROI 16%, Dept 31% (not to high > > for a retail comp) > > Accelarating Sales. Business Model seems to me very interesting > > (Environmental Lifestile stuff, Scalable through the web) > > > > Cons --> > > > > New CFO, Institutions are in big time (over 70% Institutions, I know the > > numbers do not add up, > > I guess they have 70% the remaining 22% (100 - 78 (MGM Ownership) = 22%). > > So if the institutions sell, price goes down > > fast. > > > > I will get in today if there is a gap up today. I will wait if the open is > > flat. > > > > See you > > > > Andreas > > > > > > > > > > > > > > > > > > - > > -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. ------------------------------------------------------------------------------- From: "Jack Stephenson" Subject: Re: [CANSLIM] Insider Trading Date: 01 Jan 2002 20:59:04 -0800 Can anyone recommend a website that provides insider trading information? Thanks, Jack ----- Original Message ----- Sent: Tuesday, January 01, 2002 3:37 PM > Tom, > > I am not concerned, my SL is very tight and the IG Trend is up, so I belive > there is a good > chance that the BO will work. > > I am not good in calculating pivot points, the whole entry strategy of > Oneil just does not work > for me and a 50/50 chance is not good enough for me. > > What I am trying to do is to get in before the breakout. If I miss it I > still consider > to go in (as with GAIA), but that depends on how strong the industry trend > is. > > What determines if a breakout works or not? I bet on the Industry Group > Trend (and what I did backtest > so far looks good enough for me, so that I try this now). > > So I do not use the rule that if you miss a breakout 10% above Pivot, that > you should not go in. > > The Industry Group Chart that gave a buy signal on 12/27, which > I was not reacting to, because I had some other unfortunate private things > to do. > > (A buy signal of an Industry Group is for me: Price breaks out of a > consolidation area, > RS and Price of the Group is in a clear uptrend and I apply chart patterns > that are known from individual stocks > to the group, furthermore RS of the IG should be above 80, better 90) > > I completly changed my strategy, I only look from top down (Market --> > Industry Group --> Stock). > A IG sets up a bull market for its members, that can even go against the > whole market. Oil and Medical > Stocks had great returns in 2000 or 2001. From where did TARO come? > > When a IG gives me a signal, I simply look up the stocks that look > fundamentally and technically good (applying > Canslim Criteria). > > Example FDS --> > > FDS seems fundamentally to be OK, RS is a litle weak, but 70 is still OK > for me because the IG Strength is above 80. > > Now the important part: > > Industry Group is in a good uptrend, RS is 85, RS and price make new highs > almost every day. > Chart of FDS has a real nice Flag and I can go in very agressivly with a > real tight stop (I try to get in tomorow for 35 and the SL will be around > 34). and simply wait for a breakout. > > I can use margin on my account (due to the tighter stop loss) and can so > spread my bets to 8 - 10 Stocks. > I am not sure how long I will wait, but so fare it never took longer then a > week to be stoped out or to be > in before the BO. > > Since I use this strategy I have some promising results and my portfolio is > doing great during downdays of the market. > I got in SIDE (before), ROOM (well before), RSC (before), FHRX (after > breakout, because I liked the IG Trend), RYL (After). > > Even better, I use it also for selling: > ECTX and UTSI got out (with a win) after I saw that the IG is not ready yet > (Its still basing). > > > I know this is not all sound and not yet backtestet, but something tells me > that I should try this. > > See you > > Andreas > > > > > > > > -----Ursprungliche Nachricht----- > > Von: Tom Worley [SMTP:stkguru@netside.net] > > Gesendet am: Tuesday, January 01, 2002 2:40 AM > > An: canslim@lists.xmission.com > > Betreff: Re: [CANSLIM] GAIA > > > > Andreas, you got your gap up, but I would be concerned about it closing > > almost at the low of the day on very heavy volume (what Katherine calls a > > tail). I also would be interested in you explaining how you selected > your > > pivot or entry point, as I do not see a good one (other than the base it > > built between 15 and 16.50). > > > > Tom Worley > > stkguru@netside.net > > AIM: TexWorley > > ----- Original Message ----- > > From: "Andreas Himmelreich" > > To: > > Sent: Monday, December 31, 2001 8:49 AM > > Subject: [CANSLIM] GAIA > > > > > > > GAIA Broke out on Friday > > > > > > CWH (Weekly Chart) > > > Industry Group is in a very good uptrend (Price and Relative Strength) > > > > > > Pros --> > > > > > > High RS of Industry Group (97), RS 88, EPS 98, Acc Diss A, SMR A, > Timeless > > > A, Shares 8.4 Million (1.8 Million Free Float), MGM Ownership 78%, > > > 12 Funds are invested, 4 more then in June, ROI 16%, Dept 31% (not to > high > > > for a retail comp) > > > Accelarating Sales. Business Model seems to me very interesting > > > (Environmental Lifestile stuff, Scalable through the web) > > > > > > Cons --> > > > > > > New CFO, Institutions are in big time (over 70% Institutions, I know > the > > > numbers do not add up, > > > I guess they have 70% the remaining 22% (100 - 78 (MGM Ownership) = > 22%). > > > So if the institutions sell, price goes down > > > fast. > > > > > > I will get in today if there is a gap up today. I will wait if the open > is > > > flat. > > > > > > See you > > > > > > Andreas > > > > > > > > > > > > > > > > > > > > > > > > > > > - > > > -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. - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Ronald Davis Subject: Re: [CANSLIM] Next Move In The Markets Date: 02 Jan 2002 00:11:35 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_0038_01C19322.0A1B0A80 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable I would wager money on Gene's 2500 prediction for 2002, that is, if I = still had any money left after 2001. =20 ----- Original Message -----=20 From: Gene Ricci=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, January 01, 2002 11:46 AM Subject: [CANSLIM] Next Move In The Markets Right now the predictions for the year 2002 are all over the place. =20 The 'bears' are calling for a correction (don't they always), the = 'bulls' are calling for a resurgence (don't they always). I'm calling = for a choppy market with a bias to the upside that will most likely get = us to 2500 by the end of 2002. I think we'll be in a correction by = mid-January... Thoughts? Gene ------=_NextPart_000_0038_01C19322.0A1B0A80 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
I would wager money=20 on Gene's 2500 prediction for 2002, that is, if I still = had any=20 money left after 2001. 
----- Original Message -----
From:=20 Gene = Ricci
Sent: Tuesday, January 01, 2002 = 11:46=20 AM
Subject: [CANSLIM] Next Move In = The=20 Markets

Right now the predictions = for the year=20 2002 are all over the place. 

The 'bears' are calling for a correction (don't = they=20 always), the 'bulls' are calling for a resurgence (don't they always). = I'm=20 calling for a choppy market with a bias to the upside that will most = likely=20 get us to 2500 by the end of 2002. I think we'll be in a=20 correction by mid-January...

Thoughts?

Gene

 

------=_NextPart_000_0038_01C19322.0A1B0A80-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: [CANSLIM] DFXI Date: 02 Jan 2002 01:10:12 +0100 Fundamentals, well this stock has them. Weekly chart looks good to me (some nice shakouts that have cost me money). IG gave a buy signal (Uptrend in Price and RS, New Price High, New RS High, RS moves out of a base) yesterday. Looks like a break candidate for this week ... See you Andreas P.S. If you think my method varies to much from CANSLIM and you you have enough from my IG stuff, let me know and I will stop sending Emails about this subject :-) - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Keith Williams" Subject: RE: [CANSLIM] Insider Trading Date: 02 Jan 2002 06:17:31 -0600 Jack, Yahoo Finance offers a current insider trading screen. http://finance.yahoo.com/?u after entering the ticker symbol double click insider under more info. Keith -----Original Message----- [mailto:owner-canslim@lists.xmission.com]On Behalf Of Jack Stephenson Sent: Tuesday, January 01, 2002 10:59 PM Can anyone recommend a website that provides insider trading information? Thanks, Jack ----- Original Message ----- Sent: Tuesday, January 01, 2002 3:37 PM > Tom, > > I am not concerned, my SL is very tight and the IG Trend is up, so I belive > there is a good > chance that the BO will work. > > I am not good in calculating pivot points, the whole entry strategy of > Oneil just does not work > for me and a 50/50 chance is not good enough for me. > > What I am trying to do is to get in before the breakout. If I miss it I > still consider > to go in (as with GAIA), but that depends on how strong the industry trend > is. > > What determines if a breakout works or not? I bet on the Industry Group > Trend (and what I did backtest > so far looks good enough for me, so that I try this now). > > So I do not use the rule that if you miss a breakout 10% above Pivot, that > you should not go in. > > The Industry Group Chart that gave a buy signal on 12/27, which > I was not reacting to, because I had some other unfortunate private things > to do. > > (A buy signal of an Industry Group is for me: Price breaks out of a > consolidation area, > RS and Price of the Group is in a clear uptrend and I apply chart patterns > that are known from individual stocks > to the group, furthermore RS of the IG should be above 80, better 90) > > I completly changed my strategy, I only look from top down (Market --> > Industry Group --> Stock). > A IG sets up a bull market for its members, that can even go against the > whole market. Oil and Medical > Stocks had great returns in 2000 or 2001. From where did TARO come? > > When a IG gives me a signal, I simply look up the stocks that look > fundamentally and technically good (applying > Canslim Criteria). > > Example FDS --> > > FDS seems fundamentally to be OK, RS is a litle weak, but 70 is still OK > for me because the IG Strength is above 80. > > Now the important part: > > Industry Group is in a good uptrend, RS is 85, RS and price make new highs > almost every day. > Chart of FDS has a real nice Flag and I can go in very agressivly with a > real tight stop (I try to get in tomorow for 35 and the SL will be around > 34). and simply wait for a breakout. > > I can use margin on my account (due to the tighter stop loss) and can so > spread my bets to 8 - 10 Stocks. > I am not sure how long I will wait, but so fare it never took longer then a > week to be stoped out or to be > in before the BO. > > Since I use this strategy I have some promising results and my portfolio is > doing great during downdays of the market. > I got in SIDE (before), ROOM (well before), RSC (before), FHRX (after > breakout, because I liked the IG Trend), RYL (After). > > Even better, I use it also for selling: > ECTX and UTSI got out (with a win) after I saw that the IG is not ready yet > (Its still basing). > > > I know this is not all sound and not yet backtestet, but something tells me > that I should try this. > > See you > > Andreas > > > > > > > > -----Ursprungliche Nachricht----- > > Von: Tom Worley [SMTP:stkguru@netside.net] > > Gesendet am: Tuesday, January 01, 2002 2:40 AM > > An: canslim@lists.xmission.com > > Betreff: Re: [CANSLIM] GAIA > > > > Andreas, you got your gap up, but I would be concerned about it closing > > almost at the low of the day on very heavy volume (what Katherine calls a > > tail). I also would be interested in you explaining how you selected > your > > pivot or entry point, as I do not see a good one (other than the base it > > built between 15 and 16.50). > > > > Tom Worley > > stkguru@netside.net > > AIM: TexWorley > > ----- Original Message ----- > > From: "Andreas Himmelreich" > > To: > > Sent: Monday, December 31, 2001 8:49 AM > > Subject: [CANSLIM] GAIA > > > > > > > GAIA Broke out on Friday > > > > > > CWH (Weekly Chart) > > > Industry Group is in a very good uptrend (Price and Relative Strength) > > > > > > Pros --> > > > > > > High RS of Industry Group (97), RS 88, EPS 98, Acc Diss A, SMR A, > Timeless > > > A, Shares 8.4 Million (1.8 Million Free Float), MGM Ownership 78%, > > > 12 Funds are invested, 4 more then in June, ROI 16%, Dept 31% (not to > high > > > for a retail comp) > > > Accelarating Sales. Business Model seems to me very interesting > > > (Environmental Lifestile stuff, Scalable through the web) > > > > > > Cons --> > > > > > > New CFO, Institutions are in big time (over 70% Institutions, I know > the > > > numbers do not add up, > > > I guess they have 70% the remaining 22% (100 - 78 (MGM Ownership) = > 22%). > > > So if the institutions sell, price goes down > > > fast. > > > > > > I will get in today if there is a gap up today. I will wait if the open > is > > > flat. > > > > > > See you > > > > > > Andreas > > > > > > > > > > > > > > > > > > > > > > > > > > > - > > > -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. - -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. ------------------------------------------------------------------------------- From: "Norman" Subject: Re: [CANSLIM] Head & Shoulders on the indexes? Date: 02 Jan 2002 06:47:35 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_0035_01C19359.5C799990 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Regarding the H&S chart, If I tilt my head to the right (kinda like = reading an LLUR, but the other way) I can see it. But just acting = 'normal' all I see is a series of lower highs and lower lows since the = pinnacle in March 2000, Norm ----- Original Message -----=20 From: Dave Squires=20 To: canslim@lists.xmission.com=20 Sent: Monday, December 24, 2001 6:43 PM Subject: Re: [CANSLIM] Head & Shoulders on the indexes? Tom, I looked and I have to say I don't really see them either. As many = know my approach is nearly all technical and the thing that strikes me = is all these supposed head and shoulders tops look totally different and = NONE of the patterns have symmetry. Experience tells me this is a little = odd. One issue that I think is complicating the CS landscape at the this = time the climax BUYING that occurred on 12/5. This is a very confusing = issue for CS traders. Given the fact we are possibly entering an = extended trading range ANY climax volume(buy or sell) would likely = result in a termination of the current trend. This is what has occurred = here. It's confusing to us because we consider good price moves on = volume to be confirming indicators but this in not the case in extended = trading ranges. To me the recent pullback is a direct result of the = climax buying event on 12/5. Strictly a TA interpretation of course. = Either way I can't make a good case for HnS tops in the indices = currently. Since we are on the M topic some may find an analysis I sent to some = friends over the weekend of interest. Of course, its one man's option. = Pasted below. DSquires NAZ Monthly = http://photos.yahoo.com/bc/swingtrader20000/vwp?.dir=3D/&.dnm=3DNAZ+Month= ly.jpg&.src=3Dph&.view=3Dt&.hires=3Dt This is a very interesting and useful chart. Looking purely at lows = and highs this chart shows a clear downtrend. However, there are finally = signs this vicious downtrend is weakening. First, the ADX is flat and = rose weakly on the last leg down. This suggests trend strength is = slowing. Second, the stochastic shows the market to be severely = oversold. Notice that even during 1990 the indicator barely got below 20 = and didn't stay there long. The indicator also diverged positively on = the last leg down. Lastly, the trend channel has been broken, suggestion = a sideways, basing stage may be starting. That's the good news. To me = the 20 period MA is a reality check. If the market is below this line on = ANY time frame it is not a good idea to trade against it. The blue line = is the 20p MA and price is below it and it is sloping down. Also, notice = the market has had a 3 bar correction against the main trend. Even = though the market has rallied an incredible 50% the monthly clearly = shows this is nothing more that a trend correction at this point. Look = at the prior up trend...3 bar corrections happened many times. Finally = look at this months bar. The month has not closed yet so this bar could = change a lot especially with bullishly skewed holiday trading. That = said, it is currently a bearish shooting star. So to sum up this time = frame it is showing a 3 bar correction in a downtrend that is very = oversold and weakening. Weekly = http://photos.yahoo.com/bc/swingtrader20000/vwp?.dir=3D/&.dnm=3DNAZ+weekl= y.jpg&.src=3Dph&.view=3Dt&.hires=3Dt Although this chart shows a downtrend based on lower lows and highs = the ADX is moving downward at a steep slope, which suggests a trading = range. Also if you take out the 3 weeks after 9-11 the market is = basically in a trading range. This time frame also has 3 pushes down, = which tends to complete a trend. Oscillators work in a trading range and = this market is overbought, near the upper, down sloping Bollinger band = and at overhead resistance. Add to this the higher time frame trend and = possible monthly reversal bar and the picture is not that rosy at this = juncture. On the positive side price has recaptured the 20p MA which is = sloping up slightly. Also the market has drawn 2 inside bars while = holding the 40 week MA(same as 200 day). That pattern is a bullish = continuation pattern but it's also at resistance. Looking ahead a bit = the April low will be a key point if the market trades down from here. I = say this because it is the first chance the market has to set up a sound = basing pattern. If the market reverses off the April low support zone we = will have a potential head and shoulders bottom. Weekly volume will be = an important confirmation to the pattern. Summing up this chart is easy, = it's overbought in a trading range with the higher time frame trend = pushing down. Daily = http://photos.yahoo.com/bc/swingtrader20000/vwp?.dir=3D/&.dnm=3DNAZ+weekl= y---1.jpg&.src=3Dph&.view=3Dt&.hires=3Dt The daily clearly shows an up trend but with recent weakness. It also = shows a moving average minefield. This chart is a testament to the = importance of the 200 day MA. It has created support and resistance 4 = different times this month and last. The market is now trying to decide = what it wants to do at this key resistance point. There are a couple of = hints as to what might happen. This is the first attack on a DOWN = SLOPING MA. The majority of the time the market is repelled by a down = sloping MA. The chart also shows a break of a flattening 20p MA(blue). = This is a good short-term trend indicator and the market needs to get = back above it remain healthy. Finally, the 50 day MA(green) is just = below and sloping up. It should support the market if it trades down to = it. Another hint this trend is in a bit of trouble is the broken up = trend channel. The important point here is after it broke it was tested = 3 days later and held. That's a pretty good indication of a trend = change. Friday was hard to read with triple witching but Thursday was a = heavy volume down day that closed on the low. Days like this tend to be = followed by a lower low. So this chart shows a broken up trend near a = key moving average with the higher time frame overbought. A test of the = 50 may be developing here. 130 minute chart = http://photos.yahoo.com/bc/swingtrader20000/vwp?.dir=3D/&.dnm=3DNAZ+130+m= inute.jpg&.src=3Dph&.view=3Dt&.hires=3Dt This chart shows a correction to the higher time frame up trend. Here = the marker is oversold on support but the ADX is 19 and rising = indicating a small presence of downtrend. This may be a two step = correction against the trend. That would put the market at the bottom of = the second high blue line, which is very close to the 50 day MA. This = will be and important test level. If the 50 holds a test of the December = high may occur. If it fails the April low may be tested. If the market = recaptures the 20 day EMA on volume a new high is very likely. The = market has retraced only 1/3 of the recent rally so the benefit of the = doubt goes to the upside.=20 =20 ----- Original Message -----=20 From: Tom Worley=20 To: CANSLIM=20 Sent: Monday, December 24, 2001 3:27 PM Subject: [CANSLIM] Head & Shoulders on the indexes? Several of the internet charting services I get have in the past = week been discussing the H&S patterns they see on the major indexes. = Since so much of chart reading is "in the eye of the beholder", I was = surprised that no one in the group was mentioning this. So this = morning, I took the time to look at all the major indexes at DGO, and I = fail to see this pattern showing. Possibly the scales being used by = these services is making the pattern appear, certainly it is clear on = the charts they present. But I don't see it at DGO. When I use DGO beta, = however, and kinda squint my eyes, I can see it on the NYSE Composite, = Naz, and S&P 500, but it's still not that clear. I do not see it at all = on the DOW 30, and the Russell 2000. Since there is a wide variety of charting services being used by = members, is anyone else seeing this pattern developing? What charting = service are you using? I confess to not being expert at reading / seeing / understanding a = h&s pattern, so welcome any commentary. Tom Worley stkguru@netside.net AIM: TexWorley ------=_NextPart_000_0035_01C19359.5C799990 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Regarding the H&S chart, If I tilt my head to the right (kinda = like=20 reading an LLUR, but the other way) I can see it.  But just acting = 'normal'=20 all I see is a series of lower highs and lower lows since the pinnacle = in March=20 2000,
 
Norm
----- Original Message -----
From:=20 Dave=20 Squires
Sent: Monday, December 24, 2001 = 6:43=20 PM
Subject: Re: [CANSLIM] Head = &=20 Shoulders on the indexes?

Tom,
 
I looked and I have to say I don't = really see=20 them either. As many know my approach is nearly all technical and the = thing=20 that strikes me is all these supposed head and shoulders tops look = totally=20 different and NONE of the patterns have symmetry. Experience tells me = this is=20 a little odd. One issue that I = think is=20 complicating the CS landscape at the this time the climax BUYING that = occurred=20 on 12/5. This is a very confusing issue for CS traders. Given the fact = we are=20 possibly entering an extended trading range ANY climax volume(buy = or=20 sell) would likely result in a termination of the current trend. This = is what=20 has occurred here. It's confusing to us because we consider good price = moves=20 on volume to be confirming indicators but this in not the case in = extended=20 trading ranges. To me the recent pullback is a direct result of the = climax=20 buying event on 12/5. Strictly a TA interpretation of course. Either = way I=20 can't make a good case for HnS tops in the indices = currently.
 
Since we are on the M topic some may = find an=20 analysis I sent to some friends over the weekend of interest. Of = course, its=20 one man's option. Pasted below.
 
DSquires
 

NAZ Monthly

http://pho= tos.yahoo.com/bc/swingtrader20000/vwp?.dir=3D/&.dnm=3DNAZ+Monthly.jpg= &.src=3Dph&.view=3Dt&.hires=3Dt

This is a very interesting and useful chart. Looking purely at lows = and=20 highs this chart shows a clear downtrend. However, there are finally = signs=20 this vicious downtrend is weakening. First, the ADX is flat and rose = weakly on=20 the last leg down. This suggests trend strength is slowing. Second, = the=20 stochastic shows the market to be severely oversold. Notice that even = during=20 1990 the indicator barely got below 20 and didn't stay there long. The = indicator also diverged positively on the last leg down. Lastly, the = trend=20 channel has been broken, suggestion a sideways, basing stage may be = starting.=20 That's the good news. To me the 20 period MA is a reality check. If = the market=20 is below this line on ANY time frame it is not a good idea to trade = against=20 it. The blue line is the 20p MA and price is below it and it is = sloping down.=20 Also, notice the market has had a 3 bar correction against the main = trend.=20 Even though the market has rallied an incredible 50% the monthly = clearly shows=20 this is nothing more that a trend correction at this point. Look at = the prior=20 up trend...3 bar corrections happened many times. Finally look at this = months=20 bar. The month has not closed yet so this bar could change a lot = especially=20 with bullishly skewed holiday trading. That said, it is currently a = bearish=20 shooting star. So to sum up this time frame it is showing a 3 bar = correction=20 in a downtrend that is very oversold and weakening.

 

Weekly

http://phot= os.yahoo.com/bc/swingtrader20000/vwp?.dir=3D/&.dnm=3DNAZ+weekly.jpg&a= mp;.src=3Dph&.view=3Dt&.hires=3Dt

Although this chart shows a downtrend based on lower lows and highs = the ADX=20 is moving downward at a steep slope, which suggests a trading range. = Also if=20 you take out the 3 weeks after 9-11 the market is basically in a = trading=20 range. This time frame also has 3 pushes down, which tends to complete = a=20 trend. Oscillators work in a trading range and this market is = overbought, near=20 the upper, down sloping Bollinger band and at overhead resistance. Add = to this=20 the higher time frame trend and possible monthly reversal bar and the = picture=20 is not that rosy at this juncture. On the positive side price has = recaptured=20 the 20p MA which is sloping up slightly. Also the market has drawn 2 = inside=20 bars while holding the 40 week MA(same as 200 day). That pattern is a = bullish=20 continuation pattern but it's also at resistance. Looking ahead a bit = the=20 April low will be a key point if the market trades down from here. I = say this=20 because it is the first chance the market has to set up a sound basing = pattern. If the market reverses off the April low support zone we will = have a=20 potential head and shoulders bottom. Weekly volume will be an = important=20 confirmation to the pattern. Summing up this chart is easy, it's = overbought in=20 a trading range with the higher time frame trend pushing down.

Daily

http://= photos.yahoo.com/bc/swingtrader20000/vwp?.dir=3D/&.dnm=3DNAZ+weekly--= -1.jpg&.src=3Dph&.view=3Dt&.hires=3Dt

The daily clearly shows an up trend but with recent weakness. It = also shows=20 a moving average minefield. This chart is a testament to the = importance of the=20 200 day MA. It has created support and resistance 4 different times = this month=20 and last. The market is now trying to decide what it wants to do at = this key=20 resistance point. There are a couple of hints as to what might happen. = This is=20 the first attack on a DOWN SLOPING MA. The majority of the time the = market is=20 repelled by a down sloping MA. The chart also shows a break of a = flattening=20 20p MA(blue). This is a good short-term trend indicator and the market = needs=20 to get back above it remain healthy. Finally, the 50 day MA(green) is = just=20 below and sloping up. It should support the market if it trades down = to it.=20 Another hint this trend is in a bit of trouble is the broken up trend = channel.=20 The important point here is after it broke it was tested 3 days later = and=20 held. That's a pretty good indication of a trend change. Friday was = hard to=20 read with triple witching but Thursday was a heavy volume down day = that closed=20 on the low. Days like this tend to be followed by a lower low. So this = chart=20 shows a broken up trend near a key moving average with the higher time = frame=20 overbought. A test of the 50 may be developing here.

130 minute chart

http://= photos.yahoo.com/bc/swingtrader20000/vwp?.dir=3D/&.dnm=3DNAZ+130+minu= te.jpg&.src=3Dph&.view=3Dt&.hires=3Dt

This chart shows a correction to the higher time frame up = trend.=20 Here the marker is oversold on support but the ADX is 19 and rising = indicating=20 a small presence of downtrend. This may be a two step correction = against the=20 trend. That would put the market at the bottom of the second high blue = line,=20 which is very close to the 50 day MA. This will be and important test = level.=20 If the 50 holds a test of the December high may occur. If it fails the = April=20 low may be tested. If the market recaptures the 20 day EMA on volume a = new=20 high is very likely. The market has retraced only 1/3 of the recent = rally so=20 the benefit of the doubt goes to the upside.

 
   
----- Original Message -----
From:=20 Tom=20 Worley
To: CANSLIM
Sent: Monday, December 24, = 2001 3:27=20 PM
Subject: [CANSLIM] Head & = Shoulders=20 on the indexes?

Several of the internet charting services I get = have in=20 the past week been discussing the H&S patterns they see on the = major=20 indexes. Since so much of chart reading is "in the eye of the = beholder", I=20 was surprised that no one in the group was mentioning this.  So = this=20 morning, I took the time to look at all the major indexes at DGO, = and I fail=20 to see this pattern showing. Possibly the scales being used by these = services is making the pattern appear, certainly it is clear on the = charts=20 they present. But I don't see it at DGO. When I use DGO beta, = however, and=20 kinda squint my eyes, I can see it on the NYSE Composite, Naz, and = S&P=20 500, but it's still not that clear. I do not see it at all on the = DOW 30,=20 and the Russell 2000.
 
Since there is a wide variety of charting = services being=20 used by members, is anyone else seeing this pattern developing? What = charting service are you using?
 
I confess to not being expert at reading / = seeing /=20 understanding a h&s pattern, so welcome any = commentary.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
------=_NextPart_000_0035_01C19359.5C799990-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] DFXI Date: 02 Jan 2002 07:44:56 -0500 Hi Andreas, Many members use Industry Group Strength / GRS as their initial screen, so I don't see how you are differing from CANSLIM principles. DFXI looks good, the only "weakness" that I see is that its RS line is going sideways, but that is in line with the base it is forming, so anything else would look odd. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message ----- Sent: Tuesday, January 01, 2002 7:10 PM > Fundamentals, well this stock has them. > > Weekly chart looks good to me (some nice shakouts that have cost me money). > > IG gave a buy signal (Uptrend in Price and RS, New Price High, New RS High, RS moves out of a base) yesterday. > Looks like a break candidate for this week ... > > See you > > Andreas > > P.S. If you think my method varies to much from CANSLIM and you you have enough from > my IG stuff, let me know and I will stop sending Emails about this subject :-) > > - > -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. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] Next Move In The Markets Date: 02 Jan 2002 07:38:53 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_0170_01C19360.871C3200 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hah! Thanks, Ronald, for starting my new year off with a good laugh.=20 Katherine ----- Original Message -----=20 From: Ronald Davis=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, January 02, 2002 12:11 AM Subject: Re: [CANSLIM] Next Move In The Markets I would wager money on Gene's 2500 prediction for 2002, that is, if I = still had any money left after 2001. =20 ----- Original Message -----=20 From: Gene Ricci=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, January 01, 2002 11:46 AM Subject: [CANSLIM] Next Move In The Markets Right now the predictions for the year 2002 are all over the place. = The 'bears' are calling for a correction (don't they always), the = 'bulls' are calling for a resurgence (don't they always). I'm calling = for a choppy market with a bias to the upside that will most likely get = us to 2500 by the end of 2002. I think we'll be in a correction by = mid-January... Thoughts? Gene ------=_NextPart_000_0170_01C19360.871C3200 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Hah! Thanks, Ronald, for starting my new year off with a good = laugh.
 
Katherine
----- Original Message -----
From:=20 Ronald=20 Davis
Sent: Wednesday, January 02, = 2002 12:11=20 AM
Subject: Re: [CANSLIM] Next = Move In The=20 Markets

I would wager money=20 on Gene's 2500 prediction for 2002, that is, if I still = had any=20 money left after 2001. 
----- Original Message -----
From:=20 Gene = Ricci
Sent: Tuesday, January 01, = 2002 11:46=20 AM
Subject: [CANSLIM] Next Move = In The=20 Markets

Right now the predictions = for the=20 year 2002 are all over the place. =20

The 'bears' are calling for a correction (don't = they=20 always), the 'bulls' are calling for a resurgence (don't they = always). I'm=20 calling for a choppy market with a bias to the upside that will most = likely=20 get us to 2500 by the end of 2002. I think we'll be in a=20 correction by mid-January...

Thoughts?

Gene

 

------=_NextPart_000_0170_01C19360.871C3200-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Dave Squires" Subject: Re: [CANSLIM] Book suggestions Date: 02 Jan 2002 08:53:23 -0600 If you are interested in a highly statistics oriented trading book take a look at Trading with the Odds by Cynthia Kase. Excellent book. DSquires ----- Original Message ----- Sent: Monday, December 31, 2001 7:48 AM > Mike, > > Sorry for the delay here, I'm playing catch-up on e-mails. I too am > a statistician. (Master's degree in the field, several years as a > practitioner). > > I've looked at Katz's book; never really pursued trying to translate > the concepts to CANSLIM. > > I've also tried various statistical approaches to stock picking, both > inside and outside the CANSLIM arena. I have not been successful. > There's an old saying that patterns rarely repeat. I haven't found > a sufficient sample size of anything to be successful. Every time I > try, either the macro-market is different, the time frames for > something to happen changes, the Fed raises rates or lowers them, or > something changes the parameters enough to invalidate any model. > > I'm not trying to discourage you from trying, just warning you that > it is very tough. If it weren't, many statisticians would be doing > it already, no doubt. > > Anyway, to your question: "are there any must reads?". I would say > no. You can look out there - it's always good to absorb a lot of > stuff. But, I feel it is best to develop your own system completely > from scratch. If you read any of Schwager's books, he interviews > some successful traders who use a programmed system they developed. > They all built their own from scratch, and as such, have tested more, > and have a higher conviction in it. > > Regards, > > Dave Cameron > > > > On 27 Dec 2001 at 11:01, Mike Hofmann wrote: > > > > Happy holidays CANSLIMmers. I hope everyone is enjoying a safe > > and joy-filled holiday season. > > > > Santa brought me Jeffrey Katz's Encyclopedia of Trading > > Strategies. I put this book on my wish list after reading one of > > the threads here not too long ago in which Bulkowski's book was > > recommended. (When I went to Amazon to look for Bulkowski, I also > > came across the Katz book.) Katz's book > > focuses on the development of options and futures trading systems. > > As a relative novice at this game, I'm wondering if the concepts > > and strategies put forth in this book are applicable to stock > > trading and more specifically to a CANSLIMish approach. > > > > I'd also be interested in recommendations for other must-reads in > > the area of tech analysis and trading systems. I am a statistician > > by trade and thus am not particularly daunted by numbers and such, > > but I prefer books on this subject that are reasonably easy to > > understand and without too many > > Greek letters. > > > > > ===== > Dave Cameron > dfcameron@yahoo.com > > __________________________________________________ > Do You Yahoo!? > Send your FREE holiday greetings online! > http://greetings.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. ------------------------------------------------------------------------------- From: owner-canslim@xmission.com (Jeff Salisbury) Subject: [CANSLIM] Sending large or non-text files to the canslim group Date: 02 Jan 2002 08:00:01 -0700 Everyone, There are times when you may wish to share large or non-text files with our group (i.e. gif, jpeg, spreadsheets, etc). Our list is configured to reject all files over 80K. You can attach files under this threshold to your email posting. While files under this 80K threshold are delivered by the canslim list software, receiving mail servers often reject files over 40K. This means that while your file was delivered by the canslim mail server, many users will not have received it because their mail server rejected it... This does not mean you cannot share large files with the group. Rather, the BEST way to share large files with the group (even those under 80K) is to place the file at an ftp site, and then refer to the link in your canslim posting. This way, the reader can read your posting, click on the link, and instantly see what you are talking about. If you have your own ftp site, feel free to use it. If you do not have access to your own ftp site, we have provided an anonymous ftp site. To provide your file to the group, please follow these instructions: 1. Send your file to: "ftp://ftp.xmission.com/pub/users/m/mcjathan/incoming/". If you don't know how to ftp a file, you can use the ftp instructions at the bottom of this message. 2. After not more than 15 minutes, your file will be available for everyone at the URL of: http://WallStreet-LLC.com/pub/your_file_name where "your_file_name" is the exact name of the file you uploaded. This file name should NOT have spaces or other strange characters. Letter, numbers, and "." are always good, i.e. "canslim_25.gif". 3. Before posting your message to the group, test the URL of your file by copying the web address: http://WallStreet-LLC.com/pub/your_file_name into your browser and seeing if your browser displays the file properly. 4. Finally, send your message to the group describing your file, and be sure to explicity include the URL of your file. Although this may seem unwieldy at first, it really isn't too bad and it solves more problems than it creates. If you have any problems with this procedure, feel free to contact me at mcjathan@xmission.com. Best Regards, Jeff Salisbury =========================================================================== Netscape FTP Instructions: 1. Using Netscape, go to the URL: ftp://ftp.xmission.com/pub/users/m/mcjathan/incoming/ 2. On the Netscape "File" menu, select "Upload File..." This will open a file selection widget on your hard-drive. Select the file you wish to upload and hit the "Ok" button. At this point, your file will be uploaded. 3. Eventhough your file has been uploaded, you will not be able to see the file in your netscape browser. The reason for this is that the "incoming" directory is set to write-only for security reasons. Internet Explorer FTP Instructions: 1. Using "Internet Explorer", go to the URL: ftp://ftp.xmission.com/pub/users/m/mcjathan/incoming/ 2. Open "Windows Explorer" to browse your local hard-drive. Find the file you want to send. Select the file by clicking once. The right-click and "copy" the file. 3. Go back to the Internet Explorer window. Right-click and "paste" the file. It will be uploaded to the canslim ftp site. - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Dan Forant" Subject: Re: [CANSLIM] DFXI Date: 02 Jan 2002 12:43:36 -0500 I like the info you post. I also have DFXI on my watch list. My B/O point is 33.24. DanF ----- Original Message ----- Sent: Tuesday, January 01, 2002 7:10 PM > Fundamentals, well this stock has them. > > Weekly chart looks good to me (some nice shakouts that have cost me money). > > IG gave a buy signal (Uptrend in Price and RS, New Price High, New RS High, RS moves out of a base) yesterday. > Looks like a break candidate for this week ... > > See you > > Andreas > > P.S. If you think my method varies to much from CANSLIM and you you have enough from > my IG stuff, let me know and I will stop sending Emails about this subject :-) > > - > -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. ------------------------------------------------------------------------------- From: "Dave Squires" Subject: Re: [CANSLIM] DFXI Date: 02 Jan 2002 12:09:23 -0600 This stock has a very good weekly chart with volume in all the right spots. The daily has shown so recent distribution which MAY foreshadow at least one breakout whipsaw before the real move starts. If the stock is moving out on volume you may want to adjust your buy point to 32 5/8, which is where the majority of the overhead supply is cleared on the 60-min chart. Link attached. http://photos.yahoo.com/bc/swingtrader20000/vwp?.dir=/&.dnm=DFXI+60-min.jpg& .src=ph&.view=t&.hires=t DSquires ----- Original Message ----- Sent: Wednesday, January 02, 2002 11:43 AM > I like the info you post. I also have DFXI on my watch list. My B/O point is > 33.24. > > DanF > ----- Original Message ----- > From: "Andreas Himmelreich" > To: > Sent: Tuesday, January 01, 2002 7:10 PM > Subject: [CANSLIM] DFXI > > > > Fundamentals, well this stock has them. > > > > Weekly chart looks good to me (some nice shakouts that have cost me > money). > > > > IG gave a buy signal (Uptrend in Price and RS, New Price High, New RS > High, RS moves out of a base) yesterday. > > Looks like a break candidate for this week ... > > > > See you > > > > Andreas > > > > P.S. If you think my method varies to much from CANSLIM and you you have > enough from > > my IG stuff, let me know and I will stop sending Emails about this subject > :-) > > > > - > > -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. ------------------------------------------------------------------------------- From: Wolfgang Kredt Subject: Re: [CANSLIM] DFXI Date: 02 Jan 2002 11:50:40 -0800 Dave. That is a very nice chart. What software do you use for charting? Wolfgang ----- Original Message ----- Sent: Wednesday, January 02, 2002 10:09 AM > This stock has a very good weekly chart with volume in all the right spots. > The daily has shown so recent distribution which MAY foreshadow at least one > breakout whipsaw before the real move starts. If the stock is moving out on > volume you may want to adjust your buy point to 32 5/8, which is where the > majority of the overhead supply is cleared on the 60-min chart. Link > attached. > > http://photos.yahoo.com/bc/swingtrader20000/vwp?.dir=/&.dnm=DFXI+60-min.jpg& > .src=ph&.view=t&.hires=t > > DSquires > > ----- Original Message ----- > From: "Dan Forant" > To: > Sent: Wednesday, January 02, 2002 11:43 AM > Subject: Re: [CANSLIM] DFXI > > > > I like the info you post. I also have DFXI on my watch list. My B/O point > is > > 33.24. > > > > DanF > > ----- Original Message ----- > > From: "Andreas Himmelreich" > > To: > > Sent: Tuesday, January 01, 2002 7:10 PM > > Subject: [CANSLIM] DFXI > > > > > > > Fundamentals, well this stock has them. > > > > > > Weekly chart looks good to me (some nice shakouts that have cost me > > money). > > > > > > IG gave a buy signal (Uptrend in Price and RS, New Price High, New RS > > High, RS moves out of a base) yesterday. > > > Looks like a break candidate for this week ... > > > > > > See you > > > > > > Andreas > > > > > > P.S. If you think my method varies to much from CANSLIM and you you have > > enough from > > > my IG stuff, let me know and I will stop sending Emails about this > subject > > :-) > > > > > > - > > > -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. - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Dave Squires" Subject: Re: [CANSLIM] DFXI Date: 02 Jan 2002 14:02:58 -0600 The chart is from quote.com's Qcharts software. Regards, Dave ----- Original Message ----- Sent: Wednesday, January 02, 2002 1:50 PM > Dave. > That is a very nice chart. What software do you use for charting? > > Wolfgang > > > > > > > > > > > ----- Original Message ----- > From: "Dave Squires" > To: > Sent: Wednesday, January 02, 2002 10:09 AM > Subject: Re: [CANSLIM] DFXI > > > > This stock has a very good weekly chart with volume in all the right > spots. > > The daily has shown so recent distribution which MAY foreshadow at least > one > > breakout whipsaw before the real move starts. If the stock is moving out > on > > volume you may want to adjust your buy point to 32 5/8, which is where the > > majority of the overhead supply is cleared on the 60-min chart. Link > > attached. > > > > > http://photos.yahoo.com/bc/swingtrader20000/vwp?.dir=/&.dnm=DFXI+60-min.jpg& > > .src=ph&.view=t&.hires=t > > > > DSquires > > > > ----- Original Message ----- > > From: "Dan Forant" > > To: > > Sent: Wednesday, January 02, 2002 11:43 AM > > Subject: Re: [CANSLIM] DFXI > > > > > > > I like the info you post. I also have DFXI on my watch list. My B/O > point > > is > > > 33.24. > > > > > > DanF > > > ----- Original Message ----- > > > From: "Andreas Himmelreich" > > > To: > > > Sent: Tuesday, January 01, 2002 7:10 PM > > > Subject: [CANSLIM] DFXI > > > > > > > > > > Fundamentals, well this stock has them. > > > > > > > > Weekly chart looks good to me (some nice shakouts that have cost me > > > money). > > > > > > > > IG gave a buy signal (Uptrend in Price and RS, New Price High, New RS > > > High, RS moves out of a base) yesterday. > > > > Looks like a break candidate for this week ... > > > > > > > > See you > > > > > > > > Andreas > > > > > > > > P.S. If you think my method varies to much from CANSLIM and you you > have > > > enough from > > > > my IG stuff, let me know and I will stop sending Emails about this > > subject > > > :-) > > > > > > > > - > > > > -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. > > > - > -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. ------------------------------------------------------------------------------- From: Neal Frankle Subject: RE: [CANSLIM] GAIA Date: 02 Jan 2002 16:55:14 -0800 What is this IG you refer to? Sorry...did I miss something? Andreas,,,,are you using some other system or software? Thanks, Neal -----Original Message----- [mailto:owner-canslim@lists.xmission.com]On Behalf Of Andreas Himmelreich Sent: Tuesday, January 01, 2002 3:37 PM Tom, I am not concerned, my SL is very tight and the IG Trend is up, so I belive there is a good chance that the BO will work. I am not good in calculating pivot points, the whole entry strategy of Oneil just does not work for me and a 50/50 chance is not good enough for me. What I am trying to do is to get in before the breakout. If I miss it I still consider to go in (as with GAIA), but that depends on how strong the industry trend is. What determines if a breakout works or not? I bet on the Industry Group Trend (and what I did backtest so far looks good enough for me, so that I try this now). So I do not use the rule that if you miss a breakout 10% above Pivot, that you should not go in. The Industry Group Chart that gave a buy signal on 12/27, which I was not reacting to, because I had some other unfortunate private things to do. (A buy signal of an Industry Group is for me: Price breaks out of a consolidation area, RS and Price of the Group is in a clear uptrend and I apply chart patterns that are known from individual stocks to the group, furthermore RS of the IG should be above 80, better 90) I completly changed my strategy, I only look from top down (Market --> Industry Group --> Stock). A IG sets up a bull market for its members, that can even go against the whole market. Oil and Medical Stocks had great returns in 2000 or 2001. From where did TARO come? When a IG gives me a signal, I simply look up the stocks that look fundamentally and technically good (applying Canslim Criteria). Example FDS --> FDS seems fundamentally to be OK, RS is a litle weak, but 70 is still OK for me because the IG Strength is above 80. Now the important part: Industry Group is in a good uptrend, RS is 85, RS and price make new highs almost every day. Chart of FDS has a real nice Flag and I can go in very agressivly with a real tight stop (I try to get in tomorow for 35 and the SL will be around 34). and simply wait for a breakout. I can use margin on my account (due to the tighter stop loss) and can so spread my bets to 8 - 10 Stocks. I am not sure how long I will wait, but so fare it never took longer then a week to be stoped out or to be in before the BO. Since I use this strategy I have some promising results and my portfolio is doing great during downdays of the market. I got in SIDE (before), ROOM (well before), RSC (before), FHRX (after breakout, because I liked the IG Trend), RYL (After). Even better, I use it also for selling: ECTX and UTSI got out (with a win) after I saw that the IG is not ready yet (Its still basing). I know this is not all sound and not yet backtestet, but something tells me that I should try this. See you Andreas > -----Ursprungliche Nachricht----- > Von: Tom Worley [SMTP:stkguru@netside.net] > Gesendet am: Tuesday, January 01, 2002 2:40 AM > An: canslim@lists.xmission.com > Betreff: Re: [CANSLIM] GAIA > > Andreas, you got your gap up, but I would be concerned about it closing > almost at the low of the day on very heavy volume (what Katherine calls a > tail). I also would be interested in you explaining how you selected your > pivot or entry point, as I do not see a good one (other than the base it > built between 15 and 16.50). > > Tom Worley > stkguru@netside.net > AIM: TexWorley > ----- Original Message ----- > From: "Andreas Himmelreich" > To: > Sent: Monday, December 31, 2001 8:49 AM > Subject: [CANSLIM] GAIA > > > > GAIA Broke out on Friday > > > > CWH (Weekly Chart) > > Industry Group is in a very good uptrend (Price and Relative Strength) > > > > Pros --> > > > > High RS of Industry Group (97), RS 88, EPS 98, Acc Diss A, SMR A, Timeless > > A, Shares 8.4 Million (1.8 Million Free Float), MGM Ownership 78%, > > 12 Funds are invested, 4 more then in June, ROI 16%, Dept 31% (not to high > > for a retail comp) > > Accelarating Sales. Business Model seems to me very interesting > > (Environmental Lifestile stuff, Scalable through the web) > > > > Cons --> > > > > New CFO, Institutions are in big time (over 70% Institutions, I know the > > numbers do not add up, > > I guess they have 70% the remaining 22% (100 - 78 (MGM Ownership) = 22%). > > So if the institutions sell, price goes down > > fast. > > > > I will get in today if there is a gap up today. I will wait if the open is > > flat. > > > > See you > > > > Andreas > > > > > > > > > > > > > > > > > > - > > -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. - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] GAIA Date: 03 Jan 2002 00:30:35 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_0010_01C193ED.DC079060 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi Neal, Just until Andreas can answer your question, "IG" is referring to the = industry group graphs in DGO (http://beta.dailygraphs.com). These are = the same graphs shown on the Big Picture page in IBD, but all industries = are available each day. Katherine ----- Original Message -----=20 From: Neal Frankle=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, January 02, 2002 6:55 PM Subject: RE: [CANSLIM] GAIA What is this IG you refer to? Sorry...did I miss something? = Andreas,,,,are you using some other system or software? Thanks, Neal -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Andreas = Himmelreich Sent: Tuesday, January 01, 2002 3:37 PM To: 'canslim@lists.xmission.com' Subject: AW: [CANSLIM] GAIA Tom, I am not concerned, my SL is very tight and the IG Trend is up, so I = belive there is a good chance that the BO will work. I am not good in calculating pivot points, the whole entry strategy of Oneil just does not work for me and a 50/50 chance is not good enough for me. What I am trying to do is to get in before the breakout. If I miss it = I still consider to go in (as with GAIA), but that depends on how strong the industry = trend is. What determines if a breakout works or not? I bet on the Industry = Group Trend (and what I did backtest so far looks good enough for me, so that I try this now). So I do not use the rule that if you miss a breakout 10% above Pivot, = that you should not go in. The Industry Group Chart that gave a buy signal on 12/27, which I was not reacting to, because I had some other unfortunate private = things to do. (A buy signal of an Industry Group is for me: Price breaks out of a consolidation area, RS and Price of the Group is in a clear uptrend and I apply chart = patterns that are known from individual stocks to the group, furthermore RS of the IG should be above 80, better 90) I completly changed my strategy, I only look from top down (Market --> Industry Group --> Stock). A IG sets up a bull market for its members, that can even go against = the whole market. Oil and Medical Stocks had great returns in 2000 or 2001. From where did TARO come? When a IG gives me a signal, I simply look up the stocks that look fundamentally and technically good (applying Canslim Criteria). Example FDS --> FDS seems fundamentally to be OK, RS is a litle weak, but 70 is still = OK for me because the IG Strength is above 80. Now the important part: Industry Group is in a good uptrend, RS is 85, RS and price make new = highs almost every day. Chart of FDS has a real nice Flag and I can go in very agressivly = with a real tight stop (I try to get in tomorow for 35 and the SL will be = around 34). and simply wait for a breakout. I can use margin on my account (due to the tighter stop loss) and can = so spread my bets to 8 - 10 Stocks. I am not sure how long I will wait, but so fare it never took longer = then a week to be stoped out or to be in before the BO. Since I use this strategy I have some promising results and my = portfolio is doing great during downdays of the market. I got in SIDE (before), ROOM (well before), RSC (before), FHRX (after breakout, because I liked the IG Trend), RYL (After). Even better, I use it also for selling: ECTX and UTSI got out (with a win) after I saw that the IG is not = ready yet (Its still basing). I know this is not all sound and not yet backtestet, but something = tells me that I should try this. See you Andreas > -----Ursprungliche Nachricht----- > Von: Tom Worley [SMTP:stkguru@netside.net] > Gesendet am: Tuesday, January 01, 2002 2:40 AM > An: canslim@lists.xmission.com > Betreff: Re: [CANSLIM] GAIA > > Andreas, you got your gap up, but I would be concerned about it = closing > almost at the low of the day on very heavy volume (what Katherine = calls a > tail). I also would be interested in you explaining how you = selected your > pivot or entry point, as I do not see a good one (other than the = base it > built between 15 and 16.50). > > Tom Worley > stkguru@netside.net > AIM: TexWorley > ----- Original Message ----- > From: "Andreas Himmelreich" > To: > Sent: Monday, December 31, 2001 8:49 AM > Subject: [CANSLIM] GAIA > > > > GAIA Broke out on Friday > > > > CWH (Weekly Chart) > > Industry Group is in a very good uptrend (Price and Relative = Strength) > > > > Pros --> > > > > High RS of Industry Group (97), RS 88, EPS 98, Acc Diss A, SMR A, Timeless > > A, Shares 8.4 Million (1.8 Million Free Float), MGM Ownership 78%, > > 12 Funds are invested, 4 more then in June, ROI 16%, Dept 31% (not = to high > > for a retail comp) > > Accelarating Sales. Business Model seems to me very interesting > > (Environmental Lifestile stuff, Scalable through the web) > > > > Cons --> > > > > New CFO, Institutions are in big time (over 70% Institutions, I = know the > > numbers do not add up, > > I guess they have 70% the remaining 22% (100 - 78 (MGM Ownership) = =3D 22%). > > So if the institutions sell, price goes down > > fast. > > > > I will get in today if there is a gap up today. I will wait if the = open is > > flat. > > > > See you > > > > Andreas > > > > > > > > > > > > > > > > > > - > > -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. - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------=_NextPart_000_0010_01C193ED.DC079060 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Hi Neal,
 
Just until Andreas can answer your question, "IG" is referring to = the=20 industry group graphs in DGO (http://beta.dailygraphs.com). = These are=20 the same graphs shown on the Big Picture page in IBD, but all industries = are=20 available each day.
 
Katherine
----- Original Message -----
From:=20 Neal=20 Frankle
Sent: Wednesday, January 02, = 2002 6:55=20 PM
Subject: RE: [CANSLIM] = GAIA

What is this IG you refer to?  Sorry...did I miss=20 something?  Andreas,,,,are
you using some other system or=20 software?

Thanks,
Neal

-----Original = Message-----
From: owner-canslim@lists.xmis= sion.com
[mailto:owner-canslim@lists.xmission.com]On=20 Behalf Of Andreas Himmelreich
Sent: Tuesday, January 01, 2002 3:37=20 PM
To: 'canslim@lists.xmission.com'=
Subject:=20 AW: [CANSLIM] GAIA

Tom,

I am not concerned, my SL is = very tight=20 and the IG Trend is up, so I belive
there is a good
chance that = the BO=20 will work.

I am not good in calculating pivot points, the whole = entry=20 strategy of
Oneil just does not work
for me and a 50/50 chance = is not=20 good enough for me.

What I am trying to do is to get in before = the=20 breakout. If I miss it I
still consider
to go in (as with GAIA), = but=20 that depends on how strong the industry trend
is.

What = determines if=20 a breakout works or not? I bet on the Industry Group
Trend (and = what I did=20 backtest
so far looks good enough for me, so that I try this=20 now).

So I do not use the rule that if you miss a breakout 10% = above=20 Pivot, that
you should not go in.

The Industry Group Chart = that gave=20 a buy signal on 12/27, which
I was not reacting to, because I had = some=20 other unfortunate private things
to do.

(A buy signal of an = Industry=20 Group is for me: Price breaks out of a
consolidation area,
RS = and Price=20 of the Group is in a clear uptrend and I apply chart patterns
that = are=20 known from individual stocks
to the group, furthermore RS of the IG = should=20 be above 80, better 90)

I completly changed my strategy, I only = look=20 from top down (Market -->
Industry Group --> Stock).
A IG = sets up=20 a bull market for its members, that can even go against the
whole = market.=20 Oil and Medical
Stocks had great returns in 2000 or 2001. From = where did=20 TARO come?

When a IG gives me a signal, I simply look up the = stocks=20 that look
fundamentally and technically good (applying
Canslim=20 Criteria).

Example FDS -->

FDS seems fundamentally to = be OK,=20 RS is a litle weak, but 70 is still OK
for me because the IG = Strength is=20 above 80.

Now the important part:

Industry Group is in a = good=20 uptrend, RS is 85, RS and price make new highs
almost every = day.
Chart=20 of FDS  has a real nice Flag and I can go in very agressivly with = a
real tight stop (I try to get in tomorow for 35 and the SL will = be=20 around
34). and simply wait for a breakout.

I can use margin = on my=20 account (due to the tighter stop loss) and can so
spread my bets to = 8 - 10=20 Stocks.
I am not sure how long I will wait, but so fare it never = took=20 longer then a
week to be stoped out or to be
in before the=20 BO.

Since I use this strategy I have some promising results and = my=20 portfolio is
doing great during downdays of the market.
I got in = SIDE=20 (before), ROOM (well before), RSC (before), FHRX (after
breakout, = because I=20 liked the IG Trend), RYL (After).

Even better, I use it also = for=20 selling:
ECTX and UTSI got out (with a win) after I saw that the IG = is not=20 ready yet
(Its still basing).


I know this is not all = sound and=20 not yet backtestet, but something tells me
that I should try=20 this.

See you

Andreas






>=20 -----Ursprungliche Nachricht-----
> Von:  Tom Worley=20 [SMTP:stkguru@netside.net]
> Gesendet am:  Tuesday, January = 01,=20 2002 2:40 AM
> An:   canslim@lists.xmission.com=
>=20 Betreff:      Re: [CANSLIM] = GAIA
>
>=20 Andreas, you got your gap up, but I would be concerned about it=20 closing
> almost at the low of the day on very heavy volume = (what=20 Katherine calls a
> tail).  I also would be interested in = you=20 explaining how you selected
your
> pivot or entry point, as I = do not=20 see a good one (other than the base it
> built between 15 and=20 16.50).
>
> Tom Worley
> stkguru@netside.net
> = AIM:=20 TexWorley
> ----- Original Message -----
> From: "Andreas=20 Himmelreich" <judgejimmy@web.de>
> = = href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com= >
>=20 Sent: Monday, December 31, 2001 8:49 AM
> Subject: [CANSLIM]=20 GAIA
>
>
> > GAIA Broke out on Friday
>=20 >
> > CWH (Weekly Chart)
> > Industry Group is in = a very=20 good uptrend (Price and Relative Strength)
> >
> > = Pros=20 -->
> >
> > High RS of Industry Group (97), RS = 88, EPS=20 98, Acc Diss A, SMR A,
Timeless
> > A, Shares 8.4 Million = (1.8=20 Million Free Float), MGM Ownership 78%,
> > 12 Funds are = invested, 4=20 more then in June, ROI 16%, Dept 31% (not to
high
> > for = a retail=20 comp)
> > Accelarating Sales. Business Model seems to me very = interesting
> > (Environmental Lifestile stuff, Scalable = through the=20 web)
> >
> > Cons -->
> >
> > = New CFO,=20 Institutions are in big time (over 70% Institutions, I = know
the
>=20 > numbers do not add up,
> > I guess they have 70% the = remaining=20 22% (100 - 78 (MGM Ownership) =3D
22%).
> > So if the = institutions=20 sell, price goes down
> > fast.
> >
> > I = will get=20 in today if there is a gap up today. I will wait if the = open
is
>=20 > flat.
> >
> > See you
> >
> > = Andreas
> >
> >
> >
> >
>=20 >
> >
> >
> >
> > -
> = > -To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
>= ; >=20 -In the email body, write "subscribe canslim" or
> > = -"unsubscribe=20 canslim".  Do not use quotes in your email.
> >
>=20 >
>
>
>
> -
> -To = subscribe/unsubscribe,=20 email "majordomo@xmission.com"
>= ; -In=20 the email body, write "subscribe canslim" or
> -"unsubscribe=20 canslim".  Do not use quotes in your email.

-
-To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your email.


-
-To = subscribe/unsubscribe, email=20 "majordomo@xmission.com"
-In= =20 the email body, write "subscribe canslim" or
-"unsubscribe = canslim". =20 Do not use quotes in your email.
------=_NextPart_000_0010_01C193ED.DC079060-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: AW: [CANSLIM] GAIA Date: 03 Jan 2002 11:34:59 +0100 Neal, IG --> Industry Group. The Software I use is http://beta.dailygraphs.com/member/IndGroups/default.asp?x=&RP=V See you Andreas > -----Ursprungliche Nachricht----- > Von: Neal Frankle [SMTP:nfrankle@pacbell.net] > Gesendet am: Thursday, January 03, 2002 1:55 AM > An: canslim@lists.xmission.com > Betreff: RE: [CANSLIM] GAIA > > What is this IG you refer to? Sorry...did I miss something? Andreas,,,,are > you using some other system or software? > > Thanks, > Neal > > -----Original Message----- > From: owner-canslim@lists.xmission.com > [mailto:owner-canslim@lists.xmission.com]On Behalf Of Andreas Himmelreich > Sent: Tuesday, January 01, 2002 3:37 PM > To: 'canslim@lists.xmission.com' > Subject: AW: [CANSLIM] GAIA > > Tom, > > I am not concerned, my SL is very tight and the IG Trend is up, so I belive > there is a good > chance that the BO will work. > > I am not good in calculating pivot points, the whole entry strategy of > Oneil just does not work > for me and a 50/50 chance is not good enough for me. > > What I am trying to do is to get in before the breakout. If I miss it I > still consider > to go in (as with GAIA), but that depends on how strong the industry trend > is. > > What determines if a breakout works or not? I bet on the Industry Group > Trend (and what I did backtest > so far looks good enough for me, so that I try this now). > > So I do not use the rule that if you miss a breakout 10% above Pivot, that > you should not go in. > > The Industry Group Chart that gave a buy signal on 12/27, which > I was not reacting to, because I had some other unfortunate private things > to do. > > (A buy signal of an Industry Group is for me: Price breaks out of a > consolidation area, > RS and Price of the Group is in a clear uptrend and I apply chart patterns > that are known from individual stocks > to the group, furthermore RS of the IG should be above 80, better 90) > > I completly changed my strategy, I only look from top down (Market --> > Industry Group --> Stock). > A IG sets up a bull market for its members, that can even go against the > whole market. Oil and Medical > Stocks had great returns in 2000 or 2001. From where did TARO come? > > When a IG gives me a signal, I simply look up the stocks that look > fundamentally and technically good (applying > Canslim Criteria). > > Example FDS --> > > FDS seems fundamentally to be OK, RS is a litle weak, but 70 is still OK > for me because the IG Strength is above 80. > > Now the important part: > > Industry Group is in a good uptrend, RS is 85, RS and price make new highs > almost every day. > Chart of FDS has a real nice Flag and I can go in very agressivly with a > real tight stop (I try to get in tomorow for 35 and the SL will be around > 34). and simply wait for a breakout. > > I can use margin on my account (due to the tighter stop loss) and can so > spread my bets to 8 - 10 Stocks. > I am not sure how long I will wait, but so fare it never took longer then a > week to be stoped out or to be > in before the BO. > > Since I use this strategy I have some promising results and my portfolio is > doing great during downdays of the market. > I got in SIDE (before), ROOM (well before), RSC (before), FHRX (after > breakout, because I liked the IG Trend), RYL (After). > > Even better, I use it also for selling: > ECTX and UTSI got out (with a win) after I saw that the IG is not ready yet > (Its still basing). > > > I know this is not all sound and not yet backtestet, but something tells me > that I should try this. > > See you > > Andreas > > > > > > > > -----Ursprungliche Nachricht----- > > Von: Tom Worley [SMTP:stkguru@netside.net] > > Gesendet am: Tuesday, January 01, 2002 2:40 AM > > An: canslim@lists.xmission.com > > Betreff: Re: [CANSLIM] GAIA > > > > Andreas, you got your gap up, but I would be concerned about it closing > > almost at the low of the day on very heavy volume (what Katherine calls a > > tail). I also would be interested in you explaining how you selected > your > > pivot or entry point, as I do not see a good one (other than the base it > > built between 15 and 16.50). > > > > Tom Worley > > stkguru@netside.net > > AIM: TexWorley > > ----- Original Message ----- > > From: "Andreas Himmelreich" > > To: > > Sent: Monday, December 31, 2001 8:49 AM > > Subject: [CANSLIM] GAIA > > > > > > > GAIA Broke out on Friday > > > > > > CWH (Weekly Chart) > > > Industry Group is in a very good uptrend (Price and Relative Strength) > > > > > > Pros --> > > > > > > High RS of Industry Group (97), RS 88, EPS 98, Acc Diss A, SMR A, > Timeless > > > A, Shares 8.4 Million (1.8 Million Free Float), MGM Ownership 78%, > > > 12 Funds are invested, 4 more then in June, ROI 16%, Dept 31% (not to > high > > > for a retail comp) > > > Accelarating Sales. Business Model seems to me very interesting > > > (Environmental Lifestile stuff, Scalable through the web) > > > > > > Cons --> > > > > > > New CFO, Institutions are in big time (over 70% Institutions, I know > the > > > numbers do not add up, > > > I guess they have 70% the remaining 22% (100 - 78 (MGM Ownership) = > 22%). > > > So if the institutions sell, price goes down > > > fast. > > > > > > I will get in today if there is a gap up today. I will wait if the open > is > > > flat. > > > > > > See you > > > > > > Andreas > > > > > > > > > > > > > > > > > > > > > > > > > > > - > > > -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. > > > - > -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. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: [CANSLIM] Market Date: 03 Jan 2002 11:39:04 +0100 Very Strange Day Yesterday! Big Caps rally, smal caps lag and do not react at all. Almost all Industry Groups that did good the last weeks had a losing day and the other way around. Leading stocks did not behaive like they did the last weeks, even some failed BOs (AAON). Opinions? - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] Market Date: 03 Jan 2002 05:56:56 -0500 Guten Morgen, Andreas, Small caps have done better than any other group in the past quarter, Russell 2000 index chart looks substantially stronger than any of the other indexes that I watch. So not unreasonable for some profit taking now that we are in a new tax year. And the big news yesterday was the manufacturing index which was much stronger than expected. That would help the large caps more than the small ones, IMO. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message ----- Sent: Thursday, January 03, 2002 5:39 AM > Very Strange Day Yesterday! > > Big Caps rally, smal caps lag and do not react at all. > Almost all Industry Groups that did good the last weeks had a losing day and the other way around. > Leading stocks did not behaive like they did the last weeks, even some failed BOs (AAON). > > Opinions? > > - > -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. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: [CANSLIM] UTSI Date: 03 Jan 2002 12:45:17 +0100 UTSI seems interesting again. In the weekly chart it looks like it build another handle (but I am not sure). Industry Group made a good move yesterday. EPS 99 SMR A ACC DISS A Time A Sponsorship rating C ROI 15% Dept 2% MGM Ownership 63% (!) PE 45 - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: AW: [CANSLIM] Market Date: 03 Jan 2002 12:45:08 +0100 Guten Morgen Tom, well, I am glad to hear that. Whenever that happens I get aware (that remembers me to Summer/Autum 1998). Well, lets see. Andreas > -----Ursprungliche Nachricht----- > Von: Tom Worley [SMTP:stkguru@netside.net] > Gesendet am: Thursday, January 03, 2002 11:57 AM > An: canslim@lists.xmission.com > Betreff: Re: [CANSLIM] Market > > Guten Morgen, Andreas, > > Small caps have done better than any other group in the past quarter, > Russell 2000 index chart looks substantially stronger than any of the other > indexes that I watch. So not unreasonable for some profit taking now that we > are in a new tax year. And the big news yesterday was the manufacturing > index which was much stronger than expected. That would help the large caps > more than the small ones, IMO. > > Tom Worley > stkguru@netside.net > AIM: TexWorley > ----- Original Message ----- > From: "Andreas Himmelreich" > To: > Sent: Thursday, January 03, 2002 5:39 AM > Subject: [CANSLIM] Market > > > > Very Strange Day Yesterday! > > > > Big Caps rally, smal caps lag and do not react at all. > > Almost all Industry Groups that did good the last weeks had a losing day > and the other way around. > > Leading stocks did not behaive like they did the last weeks, even some > failed BOs (AAON). > > > > Opinions? > > > > - > > -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. ------------------------------------------------------------------------------- From: owner-canslim@xmission.com (Jeff Salisbury) Subject: [CANSLIM] Accessing the discussion canslim archives... Date: 03 Jan 2002 08:00:00 -0700 From time to time, CANSLIM members may wish to browse the discussion archives. This posting provides instructions on how to access the archives. Thanks to David Cameron for compiling the essentials of this message. Here are the two ways to access the archives: 1. The best way is to use your web browser. To browse the archives, point your browser to: ftp://ftp.xmission.com/pub/lists/canslim/archive/ 2. (Not as convenient) via email: Send an email to majordomo@xmission.com with the following as the body of your message: "index canslim". Then send a follow up email to request an old email from either the "archive" or "latest" directory. Note that your request must be in the body of your email. For example: "get canslim latest/001" will retrieve file "001" from the "latest" directory. "get canslim archive/v01.n066" will retrieve file "v01.n066" from the "archive" dir. Best Regards, Jeff Salisbury - CANSLIM list owner/admin - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: BIKEAR@aol.com Subject: Re: [CANSLIM] where is Date: 03 Jan 2002 12:39:58 EST where is everyone? - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] where is Date: 03 Jan 2002 12:56:15 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_0056_01C19456.075083E0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable We're recovering from New Year's celebrations! Either that or busily = working on 2001 review and setting 2002 goals and objectives Katherine ----- Original Message -----=20 From: BIKEAR@aol.com=20 To: canslim@lists.xmission.com=20 Sent: Thursday, January 03, 2002 11:39 AM Subject: Re: [CANSLIM] where is where is everyone? - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------=_NextPart_000_0056_01C19456.075083E0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
We're recovering from New Year's celebrations! Either that or = busily=20 working on 2001 review and setting 2002 goals and objectives
 
Katherine
----- Original Message -----
From:=20 BIKEAR@aol.com
Sent: Thursday, January 03, = 2002 11:39=20 AM
Subject: Re: [CANSLIM] where = is

where is everyone?

-
-To = subscribe/unsubscribe, email=20 "majordomo@xmission.com"
-In= =20 the email body, write "subscribe canslim" or
-"unsubscribe = canslim". =20 Do not use quotes in your email.
------=_NextPart_000_0056_01C19456.075083E0-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tim Fisher" Subject: Re: [CANSLIM] where is Date: 03 Jan 2002 12:33:18 -0800 Or tightening up our stops after that distribution day yesterday. I actually anticipated it once the pros returned and jacked mine up till it hurt on Monday. Glad I did - locked in profits on ALLY and got out of AJG even this AM. I didn't even generate a watch list this week since I figured breakouts would be very prone to failure - looks like they are. At 12:56 PM 1/3/2002 -0600, you wrote: >We're recovering from New Year's celebrations! Either that or busily >working on 2001 review and setting 2002 goals and objectives > >Katherine >----- Original Message ----- >From: BIKEAR@aol.com >To: canslim@lists.xmission.com >Sent: Thursday, January 03, 2002 11:39 AM >Subject: Re: [CANSLIM] where is > >where is everyone? > >- >-To subscribe/unsubscribe, email >"majordomo@xmission.com" >-In the email body, write "subscribe canslim" or >-"unsubscribe canslim". Do not use quotes in your email. Tim Fisher Ore-ROCK-On Rockhounding Web Site Pacific Fishery Biologists Information mailto:tim@OreRockOn.com WWW http://OreRockOn.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. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] where is Date: 03 Jan 2002 14:45:35 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_0011_01C19465.4D7E11C0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable D'you see that spectacular fall from grace on FIC today? Failed B/O back = on 12/28 and trouble already in the group...but Ouch, what a stinky = stock that became today...hope nobody here was holding... Katherine ----- Original Message -----=20 From: Tim Fisher=20 To: canslim@lists.xmission.com=20 Sent: Thursday, January 03, 2002 2:33 PM Subject: Re: [CANSLIM] where is Or tightening up our stops after that distribution day yesterday. I=20 actually anticipated it once the pros returned and jacked mine up till = it=20 hurt on Monday. Glad I did - locked in profits on ALLY and got out of = AJG=20 even this AM. I didn't even generate a watch list this week since I = figured=20 breakouts would be very prone to failure - looks like they are. At 12:56 PM 1/3/2002 -0600, you wrote: >We're recovering from New Year's celebrations! Either that or busily=20 >working on 2001 review and setting 2002 goals and objectives > >Katherine >----- Original Message ----- >From: BIKEAR@aol.com >To: canslim@lists.xmission.com >Sent: Thursday, January 03, 2002 11:39 AM >Subject: Re: [CANSLIM] where is > >where is everyone? > >- >-To subscribe/unsubscribe, email=20 >"majordomo@xmission.com" >-In the email body, write "subscribe canslim" or >-"unsubscribe canslim". Do not use quotes in your email. Tim Fisher Ore-ROCK-On Rockhounding Web Site Pacific Fishery Biologists Information mailto:tim@OreRockOn.com WWW http://OreRockOn.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. ------=_NextPart_000_0011_01C19465.4D7E11C0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
D'you see that spectacular fall from grace on FIC today? Failed B/O = back on=20 12/28 and trouble already in the group...but Ouch, what a stinky stock = that=20 became today...hope nobody here was holding...
 
Katherine
----- Original Message -----
From:=20 Tim = Fisher=20
Sent: Thursday, January 03, = 2002 2:33=20 PM
Subject: Re: [CANSLIM] where = is

Or tightening up our stops after that distribution day=20 yesterday. I
actually anticipated it once the pros returned and = jacked=20 mine up till it
hurt on Monday. Glad I did - locked in profits on = ALLY and=20 got out of AJG
even this AM. I didn't even generate a watch list = this week=20 since I figured
breakouts would be very prone to failure - looks = like they=20 are.


At 12:56 PM 1/3/2002 -0600, you wrote:
>We're = recovering=20 from New Year's celebrations! Either that or busily
>working on = 2001=20 review and setting 2002 goals and=20 objectives
>
>Katherine
>----- Original Message=20 -----
>From: <BIKEAR@aol.com">mailto:BIKEAR@aol.com>BI= KEAR@aol.com
>To:=20 <canslim@lists.xmission.com">mai= lto:canslim@lists.xmission.com>canslim@lists.xmission.com
>S= ent:=20 Thursday, January 03, 2002 11:39 AM
>Subject: Re: [CANSLIM] = where=20 is
>
>where is everyone?
>
>-
>-To=20 subscribe/unsubscribe, email
>"<majordomo@xmission.com">mailto:majo= rdomo@xmission.com>majordomo@xmission.com"
>-In=20 the email body, write "subscribe canslim" or
>-"unsubscribe=20 canslim".  Do not use quotes in your email.

Tim=20 Fisher
Ore-ROCK-On Rockhounding Web Site
Pacific Fishery = Biologists=20 Information
mailto:tim@OreRockOn.com
WWW = http://OreRockOn.com


-
-T= o=20 subscribe/unsubscribe, email "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your email. ------=_NextPart_000_0011_01C19465.4D7E11C0-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: RWElmer@aol.com Subject: [CANSLIM] FIC Date: 03 Jan 2002 15:49:20 EST --part1_6c.153ccd78.29661dd0_boundary Content-Type: text/plain; charset="US-ASCII" Content-Transfer-Encoding: 7bit Katherine, Sorry to say at least one person was holding FIC here today. Me. Wish I had a better reason to post here for the first time. Thanks for the invite though. Off to lick my wounds...=0( Robert W. Elmer Coldwell Banker First Shasta 2837 Bechelli Ln. Redding, CA 96002 RWElmer@aol.com 221-9556 or 1-800-348-7939 ext.156 www.robertelmer.com --part1_6c.153ccd78.29661dd0_boundary Content-Type: text/html; charset="US-ASCII" Content-Transfer-Encoding: 7bit Katherine,

Sorry to say at least one person was holding FIC here today. Me. Wish I had a better reason to post here for the first time. Thanks for the invite though. Off to lick my wounds...=0(  

Robert W. Elmer
Coldwell Banker First Shasta
2837 Bechelli Ln.
Redding, CA 96002
RWElmer@aol.com
221-9556 or 1-800-348-7939 ext.156
www.robertelmer.com --part1_6c.153ccd78.29661dd0_boundary-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Subject: Re: Re: [CANSLIM] where is Date: 03 Jan 2002 15:54:24 -0500 Am I still missing something or are you being sarcastic? I saw the DOW and NASD gain on higher volume yesterday, which I'd call an accumulation day. Rolf canslim@lists.xmission.com wrote: > Or tightening up our stops after that distribution day yesterday. I actually anticipated it once the pros returned and jacked mine up till it hurt on Monday. Glad I did - locked in profits on ALLY and got out of AJG even this AM. I didn't even generate a watch list this week since I figured breakouts would be very prone to failure - looks like they are. At 12:56 PM 1/3/2002 -0600, you wrote: >We're recovering from New Year's celebrations! Either that or busily >working on 2001 review and setting 2002 goals and objectives > >Katherine >----- Original Message ----- >From: BIKEAR@aol.com >To: canslim@lists.xmission.com >Sent: Thursday, January 03, 2002 11:39 AM >Subject: Re: [CANSLIM] where is > >where is everyone? > >- >-To subscribe/unsubscribe, email >"majordomo@xmission.com" >-In the email body, write "subscribe canslim" or >-"unsubscribe canslim". Do not use quotes in your email. Tim Fisher Ore-ROCK-On Rockhounding Web Site Pacific Fishery Biologists Information mailto:tim@OreRockOn.com WWW http://OreRockOn.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. ------------------------------------------------------------------------------- From: Ian Subject: Re: [CANSLIM] where is Date: 03 Jan 2002 13:51:26 -0800 Scouring my lists for increasing volume. It seems we are in manic bull mode again and I want to partake. My VR fund is up almost 4% today (even with 30% cash), but my real accounts are heavily cash (I finally lightened some ELTE today), so I'm missing out. I'm looking for breakouts. Ian ----- Original Message ----- Sent: Thursday, January 03, 2002 9:39 AM > where is everyone? > > - > -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. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] where is Date: 03 Jan 2002 15:40:58 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_0064_01C1946D.0A1CF2E0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Ian...still lots of good quality stocks setting up, so think there'll be = plenty of opportunities to put our cash to work. Most of the failures = lately are groups at the end of their run, defensives, etc. Looks like = the smart money's starting to rotate to the right stuff...we'll see how = long their attention span will last this go 'round! Katherine ----- Original Message -----=20 From: Ian=20 To: canslim@lists.xmission.com=20 Sent: Thursday, January 03, 2002 3:51 PM Subject: Re: [CANSLIM] where is Scouring my lists for increasing volume. It seems we are in manic bull = mode again and I want to partake. My VR fund is up almost 4% today (even = with 30% cash), but my real accounts are heavily cash (I finally lightened some = ELTE today), so I'm missing out. I'm looking for breakouts. Ian ----- Original Message ----- From: To: Sent: Thursday, January 03, 2002 9:39 AM Subject: Re: [CANSLIM] where is > where is everyone? > > - > -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. ------=_NextPart_000_0064_01C1946D.0A1CF2E0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Ian...still lots of good quality stocks setting up, so think = there'll be=20 plenty of opportunities to put our cash to work. Most of the failures = lately are=20 groups at the end of their run, defensives, etc. Looks like the smart = money's=20 starting to rotate to the right stuff...we'll see how long their = attention span=20 will last this go 'round!
 
Katherine
----- Original Message -----
From:=20 Ian =
Sent: Thursday, January 03, = 2002 3:51=20 PM
Subject: Re: [CANSLIM] where = is

Scouring my lists for increasing volume. It seems we = are in=20 manic bull mode
again and I want to partake. My VR fund is up = almost 4%=20 today (even with 30%
cash), but my real accounts are heavily cash = (I=20 finally lightened some ELTE
today), so I'm missing out. I'm looking = for=20 breakouts.

Ian




----- Original Message = -----
From:=20 <bikear@aol.com>
To: = <canslim@lists.xmission.com= >
Sent:=20 Thursday, January 03, 2002 9:39 AM
Subject: Re: [CANSLIM] where=20 is


> where is everyone?
>
> -
> -To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
>= ; -In=20 the email body, write "subscribe canslim" or
> -"unsubscribe=20 canslim".  Do not use quotes in your email.


-
-To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your email. ------=_NextPart_000_0064_01C1946D.0A1CF2E0-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "DOUG CHIURATO" Subject: Re: [CANSLIM] where is Date: 03 Jan 2002 14:55:30 -0700 This is a multi-part message in MIME format. ------=_NextPart_000_0010_01C19466.B05637E0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Wow. a 23% drop in one day. Probably won't make for a very good handle. = ;( Didnt see any news giving any reason for it. It's in the same group = as EPIQ, according to DGO. Two of the other 5 top stocks in that group = got hit. TSAI, which doesnt have very good fundies anyway and DGIN which = has recovering fundies but would not have been good enough for me. The = surprise is the fundies of FIC don't look too bad. Strong sequential = growth in rev and income. I'm Just glad I'm not in it. Most of my stocks = held up pretty good today. DYII looks like it's trying for another = breakout. Hoping it won't end up like FIC. ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Thursday, January 03, 2002 1:45 PM Subject: Re: [CANSLIM] where is D'you see that spectacular fall from grace on FIC today? Failed B/O = back on 12/28 and trouble already in the group...but Ouch, what a stinky = stock that became today...hope nobody here was holding... Katherine ----- Original Message -----=20 From: Tim Fisher=20 To: canslim@lists.xmission.com=20 Sent: Thursday, January 03, 2002 2:33 PM Subject: Re: [CANSLIM] where is Or tightening up our stops after that distribution day yesterday. I=20 actually anticipated it once the pros returned and jacked mine up = till it=20 hurt on Monday. Glad I did - locked in profits on ALLY and got out = of AJG=20 even this AM. I didn't even generate a watch list this week since I = figured=20 breakouts would be very prone to failure - looks like they are. At 12:56 PM 1/3/2002 -0600, you wrote: >We're recovering from New Year's celebrations! Either that or = busily=20 >working on 2001 review and setting 2002 goals and objectives > >Katherine >----- Original Message ----- >From: BIKEAR@aol.com >To: canslim@lists.xmission.com >Sent: Thursday, January 03, 2002 11:39 AM >Subject: Re: [CANSLIM] where is > >where is everyone? > >- >-To subscribe/unsubscribe, email=20 >"majordomo@xmission.com" >-In the email body, write "subscribe canslim" or >-"unsubscribe canslim". Do not use quotes in your email. Tim Fisher Ore-ROCK-On Rockhounding Web Site Pacific Fishery Biologists Information mailto:tim@OreRockOn.com WWW http://OreRockOn.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. ------=_NextPart_000_0010_01C19466.B05637E0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Wow. a 23% drop in one day. Probably = won't make for=20 a very good handle. ;( Didnt see any news giving any reason for it. = It's in=20 the same group as EPIQ, according to DGO. Two of the other 5 top = stocks in=20 that group got hit. TSAI, which doesnt have very good fundies anyway and = DGIN=20 which has recovering fundies but would not have been good enough for me. = The=20 surprise is the fundies of FIC don't look too bad. Strong sequential = growth in=20 rev and income. I'm Just glad I'm not in it. Most of my stocks held = up=20 pretty good today. DYII looks like it's trying for another breakout. = Hoping it=20 won't end up like FIC.
 
 
----- Original Message -----
From:=20 Katherine=20 Malm
Sent: Thursday, January 03, = 2002 1:45=20 PM
Subject: Re: [CANSLIM] where = is

D'you see that spectacular fall from grace on FIC today? Failed = B/O back=20 on 12/28 and trouble already in the group...but Ouch, what a stinky = stock that=20 became today...hope nobody here was holding...
 
Katherine
----- Original Message -----
From:=20 Tim = Fisher=20
Sent: Thursday, January 03, = 2002 2:33=20 PM
Subject: Re: [CANSLIM] where = is

Or tightening up our stops after that distribution = day=20 yesterday. I
actually anticipated it once the pros returned and = jacked=20 mine up till it
hurt on Monday. Glad I did - locked in profits = on ALLY=20 and got out of AJG
even this AM. I didn't even generate a watch = list=20 this week since I figured
breakouts would be very prone to = failure -=20 looks like they are.


At 12:56 PM 1/3/2002 -0600, you=20 wrote:
>We're recovering from New Year's celebrations! Either = that or=20 busily
>working on 2001 review and setting 2002 goals and=20 objectives
>
>Katherine
>----- Original Message=20 -----
>From: <BIKEAR@aol.com">mailto:BIKEAR@aol.com>BI= KEAR@aol.com
>To:=20 <canslim@lists.xmission.com">mai= lto:canslim@lists.xmission.com>canslim@lists.xmission.com
>S= ent:=20 Thursday, January 03, 2002 11:39 AM
>Subject: Re: [CANSLIM] = where=20 is
>
>where is everyone?
>
>-
>-To=20 subscribe/unsubscribe, email
>"<majordomo@xmission.com">mailto:majo= rdomo@xmission.com>majordomo@xmission.com"
>-In=20 the email body, write "subscribe canslim" or
>-"unsubscribe=20 canslim".  Do not use quotes in your email.

Tim=20 Fisher
Ore-ROCK-On Rockhounding Web Site
Pacific Fishery = Biologists=20 Information
mailto:tim@OreRockOn.com
WWW http://OreRockOn.com


-
-T= o=20 subscribe/unsubscribe, email "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your = email.
------=_NextPart_000_0010_01C19466.B05637E0-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] where is Date: 03 Jan 2002 16:09:27 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_0084_01C19471.04D3F6E0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi Doug, Here's today's tag line on FIC from Briefing.com: Fair, Isaac and Co (FIC) 52.90 -9.05 (-14.6%): Stock is getting whacked = on a pre-open Robertson Stephens note that raises concerns about the = co's Q4 10K; specifically, the firm says that FIC seems to have = recognized $6.2 mln of 'non-core' revs, contributing $0.05-$0.09 to = FIC's Q4 EPS. Katherine ----- Original Message -----=20 From: DOUG CHIURATO=20 To: canslim@lists.xmission.com=20 Sent: Thursday, January 03, 2002 3:55 PM Subject: Re: [CANSLIM] where is Wow. a 23% drop in one day. Probably won't make for a very good = handle. ;( Didnt see any news giving any reason for it. It's in the same = group as EPIQ, according to DGO. Two of the other 5 top stocks in that = group got hit. TSAI, which doesnt have very good fundies anyway and DGIN = which has recovering fundies but would not have been good enough for me. = The surprise is the fundies of FIC don't look too bad. Strong sequential = growth in rev and income. I'm Just glad I'm not in it. Most of my stocks = held up pretty good today. DYII looks like it's trying for another = breakout. Hoping it won't end up like FIC. ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Thursday, January 03, 2002 1:45 PM Subject: Re: [CANSLIM] where is D'you see that spectacular fall from grace on FIC today? Failed B/O = back on 12/28 and trouble already in the group...but Ouch, what a stinky = stock that became today...hope nobody here was holding... Katherine ----- Original Message -----=20 From: Tim Fisher=20 To: canslim@lists.xmission.com=20 Sent: Thursday, January 03, 2002 2:33 PM Subject: Re: [CANSLIM] where is Or tightening up our stops after that distribution day yesterday. = I=20 actually anticipated it once the pros returned and jacked mine up = till it=20 hurt on Monday. Glad I did - locked in profits on ALLY and got out = of AJG=20 even this AM. I didn't even generate a watch list this week since = I figured=20 breakouts would be very prone to failure - looks like they are. At 12:56 PM 1/3/2002 -0600, you wrote: >We're recovering from New Year's celebrations! Either that or = busily=20 >working on 2001 review and setting 2002 goals and objectives > >Katherine >----- Original Message ----- >From: BIKEAR@aol.com >To: canslim@lists.xmission.com >Sent: Thursday, January 03, 2002 11:39 AM >Subject: Re: [CANSLIM] where is > >where is everyone? > >- >-To subscribe/unsubscribe, email=20 >"majordomo@xmission.com" >-In the email body, write "subscribe canslim" or >-"unsubscribe canslim". Do not use quotes in your email. Tim Fisher Ore-ROCK-On Rockhounding Web Site Pacific Fishery Biologists Information mailto:tim@OreRockOn.com WWW http://OreRockOn.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. ------=_NextPart_000_0084_01C19471.04D3F6E0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Hi Doug,
 
Here's today's tag line on FIC from Briefing.com:
 
Fair, Isaac and Co (FIC) 52.90 -9.05 (-14.6%): Stock is getting = whacked on=20 a pre-open Robertson Stephens note that raises concerns about the co's = Q4 10K;=20 specifically, the firm says that FIC seems to have recognized $6.2 mln = of=20 'non-core' revs, contributing $0.05-$0.09 to FIC's Q4 EPS.
 
Katherine
----- Original Message -----
From:=20 DOUG=20 CHIURATO
Sent: Thursday, January 03, = 2002 3:55=20 PM
Subject: Re: [CANSLIM] where = is

Wow. a 23% drop in one day. Probably = won't make=20 for a very good handle. ;( Didnt see any news giving any reason = for it.=20 It's in the same group as EPIQ, according to DGO. Two of the = other 5 top=20 stocks in that group got hit. TSAI, which doesnt have very good = fundies anyway=20 and DGIN which has recovering fundies but would not have been good = enough for=20 me. The surprise is the fundies of FIC don't look too bad. Strong = sequential=20 growth in rev and income. I'm Just glad I'm not in it. Most of my = stocks=20 held up pretty good today. DYII looks like it's trying for another = breakout.=20 Hoping it won't end up like FIC.
 
 
----- Original Message -----
From:=20 Katherine=20 Malm
Sent: Thursday, January 03, = 2002 1:45=20 PM
Subject: Re: [CANSLIM] where = is

D'you see that spectacular fall from grace on FIC today? Failed = B/O=20 back on 12/28 and trouble already in the group...but Ouch, what a = stinky=20 stock that became today...hope nobody here was holding...
 
Katherine
----- Original Message ----- =
From:=20 Tim = Fisher=20
To: canslim@lists.xmission.com= =20
Sent: Thursday, January 03, = 2002 2:33=20 PM
Subject: Re: [CANSLIM] = where is

Or tightening up our stops after that distribution = day=20 yesterday. I
actually anticipated it once the pros returned = and jacked=20 mine up till it
hurt on Monday. Glad I did - locked in profits = on ALLY=20 and got out of AJG
even this AM. I didn't even generate a = watch list=20 this week since I figured
breakouts would be very prone to = failure -=20 looks like they are.


At 12:56 PM 1/3/2002 -0600, you=20 wrote:
>We're recovering from New Year's celebrations! = Either that=20 or busily
>working on 2001 review and setting 2002 goals = and=20 objectives
>
>Katherine
>----- Original Message=20 -----
>From: <BIKEAR@aol.com">mailto:BIKEAR@aol.com>BI= KEAR@aol.com
>To:=20 <canslim@lists.xmission.com">mai= lto:canslim@lists.xmission.com>canslim@lists.xmission.com
>S= ent:=20 Thursday, January 03, 2002 11:39 AM
>Subject: Re: [CANSLIM] = where=20 is
>
>where is everyone?
>
>-
>-To=20 subscribe/unsubscribe, email
>"<majordomo@xmission.com">mailto:majo= rdomo@xmission.com>majordomo@xmission.com"
>-In=20 the email body, write "subscribe canslim" or
>-"unsubscribe=20 canslim".  Do not use quotes in your email.

Tim=20 Fisher
Ore-ROCK-On Rockhounding Web Site
Pacific Fishery = Biologists=20 Information
mailto:tim@OreRockOn.com
WWW http://OreRockOn.com


-
-T= o=20 subscribe/unsubscribe, email "majordomo@xmission.com"
-In= =20 the email body, write "subscribe canslim" or
-"unsubscribe=20 canslim".  Do not use quotes in your=20 email.
------=_NextPart_000_0084_01C19471.04D3F6E0-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: AW: [CANSLIM] where is Date: 03 Jan 2002 23:13:45 +0100 Katherine, what are your favorite Industry Groups right now from a predicting point of view? Thank you Andreas > -----Ursprungliche Nachricht----- > Von: Katherine Malm [SMTP:kmalm@earthlink.net] > Gesendet am: Thursday, January 03, 2002 10:41 PM > An: canslim@lists.xmission.com > Betreff: Re: [CANSLIM] where is > > Ian...still lots of good quality stocks setting up, so think there'll be plenty of opportunities to put our cash to work. Most of the failures lately are groups at the end of their run, defensives, etc. Looks like the smart money's starting to rotate to the right stuff...we'll see how long their attention span will last this go 'round! > > Katherine > ----- Original Message ----- > From: Ian > To: canslim@lists.xmission.com > Sent: Thursday, January 03, 2002 3:51 PM > Subject: Re: [CANSLIM] where is > > > Scouring my lists for increasing volume. It seems we are in manic bull mode > again and I want to partake. My VR fund is up almost 4% today (even with 30% > cash), but my real accounts are heavily cash (I finally lightened some ELTE > today), so I'm missing out. I'm looking for breakouts. > > Ian > > > > > ----- Original Message ----- > From: > To: > Sent: Thursday, January 03, 2002 9:39 AM > Subject: Re: [CANSLIM] where is > > > > where is everyone? > > > > - > > -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. > << Datei: ATT00003.htm >> - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: AW: [CANSLIM] where is Date: 03 Jan 2002 23:15:03 +0100 Katherine, what are your favorite Industry Groups right now from a predicting point of view? Thank you Andreas > -----Ursprungliche Nachricht----- > Von: Katherine Malm [SMTP:kmalm@earthlink.net] > Gesendet am: Thursday, January 03, 2002 10:41 PM > An: canslim@lists.xmission.com > Betreff: Re: [CANSLIM] where is > > Ian...still lots of good quality stocks setting up, so think there'll be plenty of opportunities to put our cash to work. Most of the failures lately are groups at the end of their run, defensives, etc. Looks like the smart money's starting to rotate to the right stuff...we'll see how long their attention span will last this go 'round! > > Katherine > ----- Original Message ----- > From: Ian > To: canslim@lists.xmission.com > Sent: Thursday, January 03, 2002 3:51 PM > Subject: Re: [CANSLIM] where is > > > Scouring my lists for increasing volume. It seems we are in manic bull mode > again and I want to partake. My VR fund is up almost 4% today (even with 30% > cash), but my real accounts are heavily cash (I finally lightened some ELTE > today), so I'm missing out. I'm looking for breakouts. > > Ian > > > > > ----- Original Message ----- > From: > To: > Sent: Thursday, January 03, 2002 9:39 AM > Subject: Re: [CANSLIM] where is > > > > where is everyone? > > > > - > > -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. > << Datei: ATT00003.htm >> - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: AW: [CANSLIM] FIC Date: 03 Jan 2002 23:32:56 +0100 This move is a good remember that a great RS and EPS Rating does not mean not to use close stop losses. Lets say you got in on 66, my SL would have been some points below the shakeout on 12/13. Around 60.75, e.g. arond 8%. That means I would have been stoped out on 1/2 around 60 (with some slipage due to a SL market order). Just put it into the system as soon as you bought the stock, then you do not second guess when the move goes against you ... > -----Ursprungliche Nachricht----- > Von: RWElmer@aol.com [SMTP:RWElmer@aol.com] > Gesendet am: Thursday, January 03, 2002 9:49 PM > An: canslim@lists.xmission.com > Betreff: [CANSLIM] FIC > > Katherine, > > Sorry to say at least one person was holding FIC here today. Me. Wish I had a > better reason to post here for the first time. Thanks for the invite though. > Off to lick my wounds...=0( > > Robert W. Elmer > Coldwell Banker First Shasta > 2837 Bechelli Ln. > Redding, CA 96002 > RWElmer@aol.com > 221-9556 or 1-800-348-7939 ext.156 > www.robertelmer.com > << Datei: ATT00002.htm >> - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tim Fisher" Subject: Re: Re: [CANSLIM] where is Date: 03 Jan 2002 14:30:24 -0800 As I hold no DOW and very few NASDAQ stocks in my CANSLIM account, I look at the RUT and NYSE average. They both churned on high vol with little gain to a loss - distribution in my book. At 03:54 PM 1/3/2002 -0500, you wrote: >Am I still missing something or are you being sarcastic? > >I saw the DOW and NASD gain on higher volume yesterday, >which I'd call an accumulation day. > > Rolf > > >canslim@lists.xmission.com wrote: > > Or tightening up our stops after that distribution day yesterday. I > actually anticipated it once the pros returned and jacked mine up till it >hurt on Monday. Glad I did - locked in profits on ALLY and got out of AJG >even this AM. I didn't even generate a watch list this week since I figured >breakouts would be very prone to failure - looks like they are. > > >At 12:56 PM 1/3/2002 -0600, you wrote: > >We're recovering from New Year's celebrations! Either that or busily > >working on 2001 review and setting 2002 goals and objectives > > > >Katherine > >----- Original Message ----- > >From: BIKEAR@aol.com > >To: canslim@lists.xmission.com > >Sent: Thursday, January 03, 2002 11:39 AM > >Subject: Re: [CANSLIM] where is > > > >where is everyone? > > > >- > >-To subscribe/unsubscribe, email > >"majordomo@xmission.com" > >-In the email body, write "subscribe canslim" or > >-"unsubscribe canslim". Do not use quotes in your email. > >Tim Fisher >Ore-ROCK-On Rockhounding Web Site >Pacific Fishery Biologists Information >mailto:tim@OreRockOn.com >WWW http://OreRockOn.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. Tim Fisher Ore-ROCK-On Rockhounding Web Site Pacific Fishery Biologists Information mailto:tim@OreRockOn.com WWW http://OreRockOn.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. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: AW: [CANSLIM] where is Date: 03 Jan 2002 23:40:44 +0100 Well, if that is the reason, I do not understand the move at all. Lets say you do not count these 0.09 per Share. Then they would have made 0.51 instead of 0.60, still good growth against the year ago EPS of 0.39 in a pretty difficult quater. Who the hell is Robertson Stephens? I love analysts. > -----Ursprungliche Nachricht----- > Von: Katherine Malm [SMTP:kmalm@earthlink.net] > Gesendet am: Thursday, January 03, 2002 11:09 PM > An: canslim@lists.xmission.com > Betreff: Re: [CANSLIM] where is > > Hi Doug, > > Here's today's tag line on FIC from Briefing.com: > > Fair, Isaac and Co (FIC) 52.90 -9.05 (-14.6%): Stock is getting whacked on a pre-open Robertson Stephens note that raises concerns about the co's Q4 10K; specifically, the firm says that FIC seems to have recognized $6.2 mln of 'non-core' revs, contributing $0.05-$0.09 to FIC's Q4 EPS. > > Katherine > ----- Original Message ----- > From: DOUG CHIURATO > To: canslim@lists.xmission.com > Sent: Thursday, January 03, 2002 3:55 PM > Subject: Re: [CANSLIM] where is > > > Wow. a 23% drop in one day. Probably won't make for a very good handle. ;( Didnt see any news giving any reason for it. It's in the same group as EPIQ, according to DGO. Two of the other 5 top stocks in that group got hit. TSAI, which doesnt have very good fundies anyway and DGIN which has recovering fundies but would not have been good enough for me. The surprise is the fundies of FIC don't look too bad. Strong sequential growth in rev and income. I'm Just glad I'm not in it. Most of my stocks held up pretty good today. DYII looks like it's trying for another breakout. Hoping it won't end up like FIC. > > > ----- Original Message ----- > From: Katherine Malm > To: canslim@lists.xmission.com > Sent: Thursday, January 03, 2002 1:45 PM > Subject: Re: [CANSLIM] where is > > > D'you see that spectacular fall from grace on FIC today? Failed B/O back on 12/28 and trouble already in the group...but Ouch, what a stinky stock that became today...hope nobody here was holding... > > Katherine > ----- Original Message ----- > From: Tim Fisher > To: canslim@lists.xmission.com > Sent: Thursday, January 03, 2002 2:33 PM > Subject: Re: [CANSLIM] where is > > > Or tightening up our stops after that distribution day yesterday. I > actually anticipated it once the pros returned and jacked mine up till it > hurt on Monday. Glad I did - locked in profits on ALLY and got out of AJG > even this AM. I didn't even generate a watch list this week since I figured > breakouts would be very prone to failure - looks like they are. > > > At 12:56 PM 1/3/2002 -0600, you wrote: > >We're recovering from New Year's celebrations! Either that or busily > >working on 2001 review and setting 2002 goals and objectives > > > >Katherine > >----- Original Message ----- > >From: BIKEAR@aol.com > >To: canslim@lists.xmission.com > >Sent: Thursday, January 03, 2002 11:39 AM > >Subject: Re: [CANSLIM] where is > > > >where is everyone? > > > >- > >-To subscribe/unsubscribe, email > >"majordomo@xmission.com" > >-In the email body, write "subscribe canslim" or > >-"unsubscribe canslim". Do not use quotes in your email. > > Tim Fisher > Ore-ROCK-On Rockhounding Web Site > Pacific Fishery Biologists Information > mailto:tim@OreRockOn.com > WWW http://OreRockOn.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. > << Datei: ATT00005.htm >> - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Subject: Re: Re: Re: [CANSLIM] where is Date: 03 Jan 2002 17:42:37 -0500 RUT = Russell 2000? canslim@lists.xmission.com wrote: > As I hold no DOW and very few NASDAQ stocks in my CANSLIM account, I look at the RUT and NYSE average. They both churned on high vol with little gain to a loss - distribution in my book. At 03:54 PM 1/3/2002 -0500, you wrote: >Am I still missing something or are you being sarcastic? > >I saw the DOW and NASD gain on higher volume yesterday, >which I'd call an accumulation day. > > Rolf > > >canslim@lists.xmission.com wrote: > > Or tightening up our stops after that distribution day yesterday. I > actually anticipated it once the pros returned and jacked mine up till it >hurt on Monday. Glad I did - locked in profits on ALLY and got out of AJG >even this AM. I didn't even generate a watch list this week since I figured >breakouts would be very prone to failure - looks like they are. > > >At 12:56 PM 1/3/2002 -0600, you wrote: > >We're recovering from New Year's celebrations! Either that or busily > >working on 2001 review and setting 2002 goals and objectives > > > >Katherine > >----- Original Message ----- > >From: BIKEAR@aol.com > >To: canslim@lists.xmission.com > >Sent: Thursday, January 03, 2002 11:39 AM > >Subject: Re: [CANSLIM] where is > > > >where is everyone? > > > >- > >-To subscribe/unsubscribe, email > >"majordomo@xmission.com" > >-In the email body, write "subscribe canslim" or > >-"unsubscribe canslim". Do not use quotes in your email. > >Tim Fisher >Ore-ROCK-On Rockhounding Web Site >Pacific Fishery Biologists Information >mailto:tim@OreRockOn.com >WWW http://OreRockOn.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. Tim Fisher Ore-ROCK-On Rockhounding Web Site Pacific Fishery Biologists Information mailto:tim@OreRockOn.com WWW http://OreRockOn.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. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] where is Date: 03 Jan 2002 16:44:05 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_0096_01C19475.DB267660 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable All boils down to "dangerous words" again, i.e. "accounting = irregularities." Remember Sunbeam? Microstrategy? Sometimes these things = are tip of the iceburg. On rare occasion, they are nothing. But the = group was falling apart already and the breakout on 12/28 failed. So = this Robby Stevens call is just one more piece of evidence FIC's run is = over for the time being. Katherine ----- Original Message -----=20 From: Andreas Himmelreich=20 To: 'canslim@lists.xmission.com'=20 Sent: Thursday, January 03, 2002 4:40 PM Subject: AW: [CANSLIM] where is Well, if that is the reason, I do not understand the move at all. Lets say you do not count these 0.09 per Share. Then they would have made 0.51 instead of 0.60, still good growth against = the=20 year ago EPS of 0.39 in a pretty difficult quater. Who the hell is Robertson Stephens? I love analysts. > -----Ursprungliche Nachricht----- > Von: Katherine Malm [SMTP:kmalm@earthlink.net] > Gesendet am: Thursday, January 03, 2002 11:09 PM > An: canslim@lists.xmission.com > Betreff: Re: [CANSLIM] where is > > Hi Doug, > > Here's today's tag line on FIC from Briefing.com: > > Fair, Isaac and Co (FIC) 52.90 -9.05 (-14.6%): Stock is getting = whacked=20 on a pre-open Robertson Stephens note that raises concerns about the = co's=20 Q4 10K; specifically, the firm says that FIC seems to have recognized = $6.2=20 mln of 'non-core' revs, contributing $0.05-$0.09 to FIC's Q4 EPS. > > Katherine > ----- Original Message ----- > From: DOUG CHIURATO > To: canslim@lists.xmission.com > Sent: Thursday, January 03, 2002 3:55 PM > Subject: Re: [CANSLIM] where is > > > Wow. a 23% drop in one day. Probably won't make for a very good = handle.=20 ;( Didnt see any news giving any reason for it. It's in the same group = as=20 EPIQ, according to DGO. Two of the other 5 top stocks in that group = got=20 hit. TSAI, which doesnt have very good fundies anyway and DGIN which = has=20 recovering fundies but would not have been good enough for me. The = surprise=20 is the fundies of FIC don't look too bad. Strong sequential growth in = rev=20 and income. I'm Just glad I'm not in it. Most of my stocks held up = pretty=20 good today. DYII looks like it's trying for another breakout. Hoping = it=20 won't end up like FIC. > > > ----- Original Message ----- > From: Katherine Malm > To: canslim@lists.xmission.com > Sent: Thursday, January 03, 2002 1:45 PM > Subject: Re: [CANSLIM] where is > > > D'you see that spectacular fall from grace on FIC today? Failed = B/O=20 back on 12/28 and trouble already in the group...but Ouch, what a = stinky=20 stock that became today...hope nobody here was holding... > > Katherine > ----- Original Message ----- > From: Tim Fisher > To: canslim@lists.xmission.com > Sent: Thursday, January 03, 2002 2:33 PM > Subject: Re: [CANSLIM] where is > > > Or tightening up our stops after that distribution day = yesterday. I=20 > actually anticipated it once the pros returned and jacked mine = up=20 till it > hurt on Monday. Glad I did - locked in profits on ALLY and got = out=20 of AJG > even this AM. I didn't even generate a watch list this week = since I=20 figured > breakouts would be very prone to failure - looks like they = are. > > > At 12:56 PM 1/3/2002 -0600, you wrote: > >We're recovering from New Year's celebrations! Either that or = busily > >working on 2001 review and setting 2002 goals and objectives > > > >Katherine > >----- Original Message ----- > >From: BIKEAR@aol.com > >To: = canslim@lists.xmission.com > >Sent: Thursday, January 03, 2002 11:39 AM > >Subject: Re: [CANSLIM] where is > > > >where is everyone? > > > >- > >-To subscribe/unsubscribe, email > >"majordomo@xmission.com" > >-In the email body, write "subscribe canslim" or > >-"unsubscribe canslim". Do not use quotes in your email. > > Tim Fisher > Ore-ROCK-On Rockhounding Web Site > Pacific Fishery Biologists Information > mailto:tim@OreRockOn.com > WWW http://OreRockOn.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. > << Datei: ATT00005.htm >>=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. ------=_NextPart_000_0096_01C19475.DB267660 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
All boils down to "dangerous words" again, i.e. "accounting=20 irregularities." Remember Sunbeam? Microstrategy? Sometimes these things = are tip=20 of the iceburg. On rare occasion, they are nothing. But the group was = falling=20 apart already and the breakout on 12/28 failed. So this Robby Stevens = call is=20 just one more piece of evidence FIC's run is over for the time = being.
 
Katherine
----- Original Message -----
From:=20 Andreas = Himmelreich
Sent: Thursday, January 03, = 2002 4:40=20 PM
Subject: AW: [CANSLIM] where = is

Well, if that is the reason, I do not understand the = move at=20 all.
Lets say you do not count these 0.09 per Share. Then
they = would=20 have made 0.51 instead of 0.60, still good growth against the
year = ago EPS=20 of 0.39 in a pretty
difficult quater.

Who the hell is = Robertson=20 Stephens? I love analysts.

> -----Ursprungliche=20 Nachricht-----
> Von: Katherine Malm = [SMTP:kmalm@earthlink.net]
>=20 Gesendet am: Thursday, January 03, 2002 11:09 PM
> An: canslim@lists.xmission.com=
>=20 Betreff: Re: [CANSLIM] where is
>
> Hi = Doug,
>
>=20 Here's today's tag line on FIC from Briefing.com:
>
> = Fair, Isaac=20 and Co (FIC) 52.90 -9.05 (-14.6%): Stock is getting whacked
on a = pre-open=20 Robertson Stephens note that raises concerns about the co's
Q4 = 10K;=20 specifically, the firm says that FIC seems to have recognized $6.2 =
mln of=20 'non-core' revs, contributing $0.05-$0.09 to FIC's Q4 = EPS.
>
>=20 Katherine
>   ----- Original Message = -----
>  =20 From: DOUG CHIURATO
>   To: canslim@lists.xmission.com=
>  =20 Sent: Thursday, January 03, 2002 3:55 PM
>   Subject: = Re:=20 [CANSLIM] where is
>
>
>   Wow. a 23% drop = in one=20 day. Probably won't make for a very good handle.
;( Didnt see any = news=20 giving any reason for it. It's in the same group as
EPIQ, = according to=20 DGO. Two of the other 5 top stocks in that group got
hit. TSAI, = which=20 doesnt have very good fundies anyway and DGIN which has
recovering = fundies=20 but would not have been good enough for me. The surprise
is the = fundies of=20 FIC don't look too bad. Strong sequential growth in rev
and = income. I'm=20 Just glad I'm not in it. Most of my stocks held up pretty
good = today. DYII=20 looks like it's trying for another breakout. Hoping it
won't end = up like=20 FIC.
>
>
>     ----- Original = Message=20 -----
>     From: Katherine=20 Malm
>     To: canslim@lists.xmission.com=
>    =20 Sent: Thursday, January 03, 2002 1:45 = PM
>    =20 Subject: Re: [CANSLIM] where=20 is
>
>
>     D'you see that = spectacular=20 fall from grace on FIC today? Failed B/O
back on 12/28 and trouble = already=20 in the group...but Ouch, what a stinky
stock that became = today...hope=20 nobody here was holding...
>
>    =20 Katherine
>       ----- Original = Message=20 -----
>       From: Tim=20 Fisher
>       To: canslim@lists.xmission.com=
>      =20 Sent: Thursday, January 03, 2002 2:33=20 PM
>       Subject: Re: [CANSLIM] = where=20 is
>
>
>       Or = tightening=20 up our stops after that distribution day yesterday. I=20
>       actually anticipated it = once the=20 pros returned and jacked mine up
till=20 it
>       hurt on Monday. Glad I = did -=20 locked in profits on ALLY and got out
of=20 AJG
>       even this AM. I didn't = even=20 generate a watch list this week since I=20
figured
>       breakouts = would be=20 very prone to failure - looks like they=20 are.
>
>
>       At = 12:56 PM=20 1/3/2002 -0600, you wrote:
>       = >We're recovering from New Year's celebrations! Either that or=20
busily
>       >working on = 2001=20 review and setting 2002 goals and=20 objectives
>      =20 >
>      =20 >Katherine
>       >----- = Original=20 Message -----
>       >From: = <BIKEAR@aol.com">mailto:BIKEAR@aol.com>BI= KEAR@aol.com
>      =20 >To: <canslim@lists.xmission.com">mai= lto:canslim@lists.xmission.com>canslim@lists.xmission.com
>&= nbsp;     =20 >Sent: Thursday, January 03, 2002 11:39=20 AM
>       >Subject: Re: = [CANSLIM]=20 where is
>      =20 >
>       >where is=20 everyone?
>      =20 >
>      =20 >-
>       >-To=20 subscribe/unsubscribe, = email
>      =20 >"<majordomo@xmission.com">mailto:majo= rdomo@xmission.com>majordomo@xmission.com"
>  &nbs= p;   =20 >-In the email body, write "subscribe canslim"=20 or
>       >-"unsubscribe=20 canslim".  Do not use quotes in your=20 email.
>
>       Tim=20 Fisher
>       Ore-ROCK-On = Rockhounding=20 Web Site
>       Pacific Fishery=20 Biologists Information
>       mailto:tim@OreRockOn.com
>&nb= sp;     =20 WWW http://OreRockOn.com
>
>>      =20 -
>       -To = subscribe/unsubscribe, email=20 "majordomo@xmission.com"
>= ;      =20 -In the email body, write "subscribe canslim"=20 or
>       -"unsubscribe = canslim". =20 Do not use quotes in your email.
>  << Datei: = ATT00005.htm=20 >>

-
-To subscribe/unsubscribe, email "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your email. ------=_NextPart_000_0096_01C19475.DB267660-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Mike Hofmann" Subject: [CANSLIM] PIR Date: 03 Jan 2002 15:02:19 -0800 This is a multi-part message in MIME format. ------=_NextPart_000_0169_01C19467.A3A61F00 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Great action on PIR recently, especially today. Granted, specialty = retail may not be a particularly CANSLIMish industry, but here's what = I've got on it. Sure would appreciate commentary. Today: a.. Gapped up at open b.. Established new high on extremely heavy volume (more than 5x ADV) c.. Ended day at upper end of day's trading range d.. Announced better than expected Dec sales and increased earnings = guidance for the quarter e.. Analysts are raving Fundies: Very strong overall Pros: a.. Heavy institutional buying in quarter ended 9/30/2001 b.. EPS has held up in difficult economy (EPS up 9% in 3Q2001) c.. Cash flow + (big time) d.. Low debt and big improvement in this area the last two quarters e.. ROE just shy of WON's 17% criterion (16.6%), but is well above = industry avg (12.7%) f.. RSI has been holding in the 90s since early Oct Cons: a.. Annual earnings growth decreasing (5 yr =3D 54%, 3 yr =3D 10%, TTM = =3D -2%) ... but TTM should improve if 4th Q comes in as expected b.. PEG may be a bit high (~1.4), but is in line with industry average = (1.5) c.. Insider ownership is poor at only 1.5% of outstanding shares and = insiders have been selling d.. Has been on a very good run; are we seeing a climax top? Today = marked by far the largest single day increase since the beginning of = this run. Chart: a.. Broke out of cup w/o handle base formed by 12.65 high 9/4, 52-wk = low of 7.97 on 9/21 and gap up on strong volume 11/8. Also gapped up = 11/26 & 12/18. That makes today's action the 4th b/o since early Nov. = Could be tired, but I like the divergence between price and RSI. Price = is hitting new highs while RSI has a little room to grow. Does it have = enough steam to break through the all-time high of around 20? Support: Around 50-day EMA (14.72) Resistance: Around all-time high established 2Q1998 (~20) ------=_NextPart_000_0169_01C19467.A3A61F00 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Great action on PIR recently, = especially today.=20 Granted, specialty retail may not be a particularly CANSLIMish industry, = but=20 here's what I've got on it. Sure would appreciate = commentary.
 
Today:
  • Gapped up at open
  • Established new high on extremely = heavy volume=20 (more than 5x ADV)
  • Ended day at upper end of day's = trading=20 range
  • Announced better than expected Dec = sales and=20 increased earnings guidance for the quarter
  • Analysts are raving
Fundies:
 
Very strong overall
 
Pros:
  • Heavy institutional buying in quarter = ended=20 9/30/2001
  • EPS has held up in difficult economy = (EPS up 9% in=20 3Q2001)
  • Cash flow + (big time)
  • Low debt and big improvement in this = area the last=20 two quarters
  • ROE just shy of WON's 17% criterion = (16.6%), but=20 is well above industry avg (12.7%)
  • RSI has been holding in the 90s since = early=20 Oct
Cons:
  • Annual earnings growth decreasing (5 = yr =3D 54%, 3=20 yr =3D 10%, TTM =3D -2%) ... but TTM should improve if 4th Q comes in = as=20 expected
  • PEG may be a bit high (~1.4), but is = in line with=20 industry average (1.5)
  • Insider ownership is poor at only 1.5% = of=20 outstanding shares and insiders have been selling
  • Has been on a very good run; are we = seeing a=20 climax top? Today marked by far the largest single day increase since = the=20 beginning of this run.
Chart:
  • Broke out of cup w/o handle base = formed by 12.65=20 high 9/4, 52-wk low of 7.97 on 9/21 and gap up on strong volume 11/8. = Also=20 gapped up 11/26 & 12/18. That makes today's action the 4th b/o = since early=20 Nov. Could be tired, but I like the divergence between price and RSI. = Price is=20 hitting new highs while RSI has a little room to grow. Does it have = enough=20 steam to break through the all-time high of around = 20?
 
Support: Around = 50-day EMA=20 (14.72)
 
Resistance: = Around all-time=20 high established 2Q1998 (~20)
 
------=_NextPart_000_0169_01C19467.A3A61F00-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] PIR Date: 03 Jan 2002 18:07:30 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_00A3_01C19481.82616EC0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi Mike, Specialty retail is often a space to find great CANSLIM stocks, but only = if the company is defining a new market, addressing an existing market = in a new way, has a particular niche, or is consolidating retailers in a = meaningful way. Pier One has been in a long slump, essentially a flat = base since 1/99. The breakout of that range occurred 11/26/01 and is the = only "official" breakout by CANSLIM rules. Action since then is really a = continuation of the move, so I'd say the real support is back at the = pivot around 14ish. (This seems to be confirmed by your 50 day EMA = support figure.) Pier One has been trying to spice up the mix as their sales and growth = had become stale. In February 2001, they purchased "Cargo Furniture" = which is based in Ft. Worth. This is a retailer for toddler furniture = and the company thinks they can carve a niche and roll this out = nationally. I'm sure some of the action lately is in anticipation of = their success. From a CANSLIM point of view, however, the results from = the acquisition haven't found their way into the revenue and EPS figures = in a meaningful way. QoQ and YoY growth is still sluggish. Until the = evidence is clearer, I'd consider this one a laggard in the group. Katherine ----- Original Message -----=20 From: Mike Hofmann=20 To: CANSLIM msg board=20 Sent: Thursday, January 03, 2002 5:02 PM Subject: [CANSLIM] PIR Great action on PIR recently, especially today. Granted, specialty = retail may not be a particularly CANSLIMish industry, but here's what = I've got on it. Sure would appreciate commentary. Today: a.. Gapped up at open=20 b.. Established new high on extremely heavy volume (more than 5x = ADV)=20 c.. Ended day at upper end of day's trading range=20 d.. Announced better than expected Dec sales and increased earnings = guidance for the quarter=20 e.. Analysts are raving Fundies: Very strong overall Pros: a.. Heavy institutional buying in quarter ended 9/30/2001=20 b.. EPS has held up in difficult economy (EPS up 9% in 3Q2001)=20 c.. Cash flow + (big time)=20 d.. Low debt and big improvement in this area the last two quarters=20 e.. ROE just shy of WON's 17% criterion (16.6%), but is well above = industry avg (12.7%)=20 f.. RSI has been holding in the 90s since early Oct Cons: a.. Annual earnings growth decreasing (5 yr =3D 54%, 3 yr =3D 10%, = TTM =3D -2%) ... but TTM should improve if 4th Q comes in as expected=20 b.. PEG may be a bit high (~1.4), but is in line with industry = average (1.5)=20 c.. Insider ownership is poor at only 1.5% of outstanding shares and = insiders have been selling=20 d.. Has been on a very good run; are we seeing a climax top? Today = marked by far the largest single day increase since the beginning of = this run. Chart: a.. Broke out of cup w/o handle base formed by 12.65 high 9/4, 52-wk = low of 7.97 on 9/21 and gap up on strong volume 11/8. Also gapped up = 11/26 & 12/18. That makes today's action the 4th b/o since early Nov. = Could be tired, but I like the divergence between price and RSI. Price = is hitting new highs while RSI has a little room to grow. Does it have = enough steam to break through the all-time high of around 20? Support: Around 50-day EMA (14.72) Resistance: Around all-time high established 2Q1998 (~20) ------=_NextPart_000_00A3_01C19481.82616EC0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Hi Mike,
 
Specialty retail is often a space to find great CANSLIM stocks, but = only if=20 the company is defining a new market, addressing an existing market in a = new=20 way, has a particular niche, or is consolidating retailers in a = meaningful way.=20 Pier One has been in a long slump, essentially a flat base since 1/99. = The=20 breakout of that range occurred 11/26/01 and is the only "official" = breakout by=20 CANSLIM rules. Action since then is really a continuation of the move, = so I'd=20 say the real support is back at the pivot around 14ish. (This seems to = be=20 confirmed by your 50 day EMA support figure.)
 
Pier One has been trying to spice up the mix as their sales and = growth had=20 become stale. In February 2001, they purchased "Cargo Furniture" which = is based=20 in Ft. Worth. This is a retailer for toddler furniture and the company = thinks=20 they can carve a niche and roll this out nationally. I'm sure some of = the action=20 lately is in anticipation of their success. From a CANSLIM point of = view,=20 however, the results from the acquisition haven't found their way into = the=20 revenue and EPS figures in a meaningful way. QoQ and YoY growth is still = sluggish. Until the evidence is clearer, I'd consider this one a laggard = in the=20 group.
 
Katherine
----- Original Message -----
From:=20 Mike=20 Hofmann
Sent: Thursday, January 03, = 2002 5:02=20 PM
Subject: [CANSLIM] PIR

Great action on PIR recently, = especially today.=20 Granted, specialty retail may not be a particularly CANSLIMish = industry, but=20 here's what I've got on it. Sure would appreciate = commentary.
 
Today:
  • Gapped up at open=20
  • Established new high on extremely = heavy volume=20 (more than 5x ADV)=20
  • Ended day at upper end of day's = trading=20 range=20
  • Announced better than expected Dec = sales and=20 increased earnings guidance for the quarter=20
  • Analysts are raving
Fundies:
 
Very strong overall
 
Pros:
  • Heavy institutional buying in = quarter ended=20 9/30/2001=20
  • EPS has held up in difficult economy = (EPS up 9%=20 in 3Q2001)=20
  • Cash flow + (big time)=20
  • Low debt and big improvement in this = area the=20 last two quarters=20
  • ROE just shy of WON's 17% criterion = (16.6%), but=20 is well above industry avg (12.7%)=20
  • RSI has been holding in the 90s = since early=20 Oct
Cons:
  • Annual earnings growth decreasing (5 = yr =3D 54%, 3=20 yr =3D 10%, TTM =3D -2%) ... but TTM should improve if 4th Q comes = in as=20 expected=20
  • PEG may be a bit high (~1.4), but is = in line=20 with industry average (1.5)=20
  • Insider ownership is poor at only = 1.5% of=20 outstanding shares and insiders have been selling=20
  • Has been on a very good run; are we = seeing a=20 climax top? Today marked by far the largest single day increase = since the=20 beginning of this run.
Chart:
  • Broke out of cup w/o handle base = formed by 12.65=20 high 9/4, 52-wk low of 7.97 on 9/21 and gap up on strong volume = 11/8. Also=20 gapped up 11/26 & 12/18. That makes today's action the 4th b/o = since=20 early Nov. Could be tired, but I like the divergence between price = and RSI.=20 Price is hitting new highs while RSI has a little room to grow. Does = it have=20 enough steam to break through the all-time high of around = 20?
 
Support: = Around 50-day=20 EMA (14.72)
 
Resistance: = Around=20 all-time high established 2Q1998 (~20)
 
------=_NextPart_000_00A3_01C19481.82616EC0-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] where is Date: 03 Jan 2002 18:24:57 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_00AD_01C19483.F2DBC400 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi Andreas, Gosh, that's a big question you're asking. "Favorite" in what way? -largest number of CANSLIM quality candidates? -largest number of CANSLIM quality candidates building a base? -largest number of CANSLIM quality candidates that have staged = successful breakouts? -industry that's been moving up steadily in the rankings for 3 weeks? 4 = weeks? since the FTD? -industry that has the greatest potential to fulfill larger macrothemes? -industry that is growing the fastest? -industry that doesn't have excess capacity? -industry that hasn't moved so far so fast that it's ready for a = rubberband snapback? -industry that's recently moved into the top 1/2 of industry rankings? -industry that's recently changed from downtrend to uptrend? -industry that has more than 1 top quality CANSLIM candidate making a = strong move? I guess what I'm saying is that I couldn't give you a list of = "favorites" per se. These are all the kinds of things I look for when = evaluating industry strength. Katherine ----- Original Message -----=20 From: Andreas Himmelreich=20 To: 'canslim@lists.xmission.com'=20 Sent: Thursday, January 03, 2002 4:13 PM Subject: AW: [CANSLIM] where is Katherine, what are your favorite Industry Groups right now from a predicting = point of=20 view? Thank you Andreas > -----Ursprungliche Nachricht----- > Von: Katherine Malm [SMTP:kmalm@earthlink.net] > Gesendet am: Thursday, January 03, 2002 10:41 PM > An: canslim@lists.xmission.com > Betreff: Re: [CANSLIM] where is > > Ian...still lots of good quality stocks setting up, so think = there'll be=20 plenty of opportunities to put our cash to work. Most of the failures=20 lately are groups at the end of their run, defensives, etc. Looks like = the=20 smart money's starting to rotate to the right stuff...we'll see how = long=20 their attention span will last this go 'round! > > Katherine > ----- Original Message ----- > From: Ian > To: canslim@lists.xmission.com > Sent: Thursday, January 03, 2002 3:51 PM > Subject: Re: [CANSLIM] where is > > > Scouring my lists for increasing volume. It seems we are in manic = bull=20 mode > again and I want to partake. My VR fund is up almost 4% today = (even=20 with 30% > cash), but my real accounts are heavily cash (I finally lightened = some=20 ELTE > today), so I'm missing out. I'm looking for breakouts. > > Ian > > > > > ----- Original Message ----- > From: > To: > Sent: Thursday, January 03, 2002 9:39 AM > Subject: Re: [CANSLIM] where is > > > > where is everyone? > > > > - > > -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. > << Datei: ATT00003.htm >>=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. ------=_NextPart_000_00AD_01C19483.F2DBC400 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Hi Andreas,
 
Gosh, that's a big question you're asking. "Favorite" in what = way?
 
-largest number of  CANSLIM quality candidates?
-largest number of CANSLIM quality candidates building a = base?
-largest number of CANSLIM quality candidates that have staged = successful=20 breakouts?
-industry that's been moving up steadily in the rankings for 3 = weeks? 4=20 weeks? since the FTD?
-industry that has the greatest potential to fulfill larger=20 macrothemes?
-industry that is growing the fastest?
-industry that doesn't have excess capacity?
-industry that hasn't moved so far so fast that it's ready for a = rubberband=20 snapback?
-industry that's recently moved into the top 1/2 of industry=20 rankings?
-industry that's recently changed from downtrend to uptrend?
-industry that has more than 1 top quality CANSLIM candidate making = a=20 strong move?
 
I guess what I'm saying is that I couldn't give you a list of = "favorites"=20 per se. These are all the kinds of things I look for when evaluating = industry=20 strength.
 
Katherine
 
----- Original Message -----
From:=20 Andreas = Himmelreich
Sent: Thursday, January 03, = 2002 4:13=20 PM
Subject: AW: [CANSLIM] where = is

Katherine,

what are your favorite Industry = Groups right=20 now from a predicting point of
view?

Thank=20 you

Andreas




> -----Ursprungliche=20 Nachricht-----
> Von: Katherine Malm = [SMTP:kmalm@earthlink.net]
>=20 Gesendet am: Thursday, January 03, 2002 10:41 PM
> An: canslim@lists.xmission.com=
>=20 Betreff: Re: [CANSLIM] where is
>
> Ian...still lots of = good=20 quality stocks setting up, so think there'll be
plenty of = opportunities to=20 put our cash to work. Most of the failures
lately are groups at = the end of=20 their run, defensives, etc. Looks like the
smart money's starting = to=20 rotate to the right stuff...we'll see how long
their attention = span will=20 last this go 'round!
>
> Katherine
>   = -----=20 Original Message -----
>   From: = Ian
>   To:=20 canslim@lists.xmission.com=
>  =20 Sent: Thursday, January 03, 2002 3:51 PM
>   Subject: = Re:=20 [CANSLIM] where is
>
>
>   Scouring my = lists for=20 increasing volume. It seems we are in manic bull =
mode
>  =20 again and I want to partake. My VR fund is up almost 4% today (even =
with=20 30%
>   cash), but my real accounts are heavily cash = (I=20 finally lightened some
ELTE
>   today), so I'm = missing=20 out. I'm looking for breakouts.
>
>  =20 Ian
>
>
>
>
>   ----- Original = Message=20 -----
>   From: <bikear@aol.com>
>  = To:=20 <canslim@lists.xmission.com= >
>  =20 Sent: Thursday, January 03, 2002 9:39 AM
>   Subject: = Re:=20 [CANSLIM] where is
>
>
>   > where is=20 everyone?
>   >
>   >=20 -
>   > -To subscribe/unsubscribe, email "majordomo@xmission.com"
>= ;  =20 > -In the email body, write "subscribe canslim" = or
>   >=20 -"unsubscribe canslim".  Do not use quotes in your=20 email.
>
>
>   -
>   -To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
>= ;  =20 -In the email body, write "subscribe canslim" or
>  =20 -"unsubscribe canslim".  Do not use quotes in your = email.
> =20 << Datei: ATT00003.htm >>

-
-To = subscribe/unsubscribe,=20 email "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your email. ------=_NextPart_000_00AD_01C19483.F2DBC400-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Spencer48@aol.com Subject: Re: [CANSLIM] PIR Date: 03 Jan 2002 19:51:11 EST Mike: Just my 2=A2, but I wouldn't even consider PIR-and here's why: The '02= =20 $Annual Earnings don't look impressive, and neither does the sales increase,= =20 nor do the last 4 quarters of earnings (two in fact were negative).=20 As for the gap on the open-why is that such a good thing? The open is=20 where emotional buying takes place (by retail investors, not the funds-ie.=20 smart money). So why one should consider "gapping on the open" a selling=20 point, I have no idea. It did establish a new high (closing 8% higher), and it closed at the=20 top of its range on VERY high volume, which is a good thing. But its RS lin= e=20 (as seen in DG) did not make a new high. This is one of WON's warning=20 signals to sell (and I imagine it would apply just as much to warn those awa= y=20 from buying). To me the lagging RS on very high volume indicates that PIR=20 has just made it climax run. As far as the heavy institutional buying: I like the way Andreas=20 analyzed DFXI (I believe that's the stock he looked at) by looking at how=20 many institutions were INCREASING their buying of the stock. Just because=20 institutions are heavily into it doesn't mean too much to me. It's like=20 looking at EPS and Sales-you want the numbers to be increasing. According t= o=20 the beta version of the DG weekly graph (just to the bottom right of where=20 the graph begins) the # of funds holding the stock is decreasing (in=20 quarterly order from the most recent in 12/01, the numbers are: 160, 166,=20 161, 162) Of course, I could be wrong on all this, but I really don't feel the=20 probability of PIR going much higher-after looking at the chart, and PIR's=20 fundamentals-is in your favor. jans In a message dated 1/3/2002 6:06:41 PM Eastern Standard Time,=20 sfmcanslim@hotmail.com writes: << Great action on PIR recently, especially today. Granted, specialty retail= =20 may not be a particularly CANSLIMish industry, but here's what I've got on=20 it. Sure would appreciate commentary. =20 Today: a.. Gapped up at open b.. Established new high on extremely heavy volume (more than 5x ADV) c.. Ended day at upper end of day's trading range d.. Announced better than expected Dec sales and increased earnings=20 guidance for the quarter e.. Analysts are raving Fundies: =20 Very strong overall =20 Pros: a.. Heavy institutional buying in quarter ended 9/30/2001 b.. EPS has held up in difficult economy (EPS up 9% in 3Q2001) c.. Cash flow + (big time) d.. Low debt and big improvement in this area the last two quarters e.. ROE just shy of WON's 17% criterion (16.6%), but is well above=20 industry avg (12.7%) f.. RSI has been holding in the 90s since early Oct Cons: a.. Annual earnings growth decreasing (5 yr =3D 54%, 3 yr =3D 10%, TTM=20= =3D -2%)=20 ... but TTM should improve if 4th Q comes in as expected b.. PEG may be a bit high (~1.4), but is in line with industry average=20 (1.5) c.. Insider ownership is poor at only 1.5% of outstanding shares and=20 insiders have been selling d.. Has been on a very good run; are we seeing a climax top? Today marked= =20 by far the largest single day increase since the beginning of this run. Chart: a.. Broke out of cup w/o handle base formed by 12.65 high 9/4, 52-wk low=20 of 7.97 on 9/21 and gap up on strong volume 11/8. Also gapped up 11/26 &=20 12/18. That makes today's action the 4th b/o since early Nov. Could be tired= ,=20 but I like the divergence between price and RSI. Price is hitting new highs=20 while RSI has a little room to grow. Does it have enough steam to break=20 through the all-time high of around 20? =20 Support: Around 50-day EMA (14.72) =20 Resistance: Around all-time high established 2Q1998 (~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. ------------------------------------------------------------------------------- From: "Dan Forant" Subject: Re: [CANSLIM] Market Date: 03 Jan 2002 19:59:33 -0500 I'm still holding onto AAON. Took off well but looks like a collapse like many BO's lately. DanF ----- Original Message ----- Sent: Thursday, January 03, 2002 5:39 AM > Very Strange Day Yesterday! > > Big Caps rally, smal caps lag and do not react at all. > Almost all Industry Groups that did good the last weeks had a losing day and the other way around. > Leading stocks did not behaive like they did the last weeks, even some failed BOs (AAON). > > Opinions? > > - > -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. ------------------------------------------------------------------------------- From: "Dan Forant" Subject: Re: [CANSLIM] UTSI Date: 03 Jan 2002 20:01:42 -0500 Does this become a base on a base?? DanF ----- Original Message ----- Sent: Thursday, January 03, 2002 6:45 AM > UTSI seems interesting again. > In the weekly chart it looks like it build another handle (but I am not sure). > > Industry Group made a good move yesterday. > EPS 99 > SMR A > ACC DISS A > Time A > Sponsorship rating C > > ROI 15% > Dept 2% > > MGM Ownership 63% (!) > PE 45 > > > > > > > - > -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. ------------------------------------------------------------------------------- From: Spencer48@aol.com Subject: Re: [CANSLIM] where is Date: 03 Jan 2002 20:25:45 EST Group: I looked at FIC after hearing about its plummet (in this forum), and=20 it's scary. The daily chart really (at least to me) doesn't look too bad. =20 Of course, I probably wouldn't have bought it in the first place because of=20 its anemic sales increases and it teen earning increases in 2001 and=20 (projected) in 2002. However, what concerns me is: What if I had bought it? Would the chart= =20 have told me to sell? I believe "Yes". The chart was saying "sell" because= =20 on its BO (as Katherine observed) on 12/28 it closed at its low, and of=20 particular importance: It closed a little below its Pivot Point. =20 Additionally, notice that the RS line was relatively truncated-even though=20 the 12/28 high of the stock was about 3=BD points higher than its Right Lip. I just looked at the weekly, and funds increased their holdings of it i= n=20 each of the last 4 quarters. Also, up volume, on the weekly, really outpace= d=20 down volume. The only downside was that there was no Handle (that I could=20 make out) on the weekly FIC or in its Industry Group=20 (Computer-Software-Financial). =20 However, (from my charts and perspective) all three had one thing in=20 common: Their bases all seemed to be V-shaped. The day chart's pattern (as= =20 I elucidate in the 2nd paragraph) I believe would have kept me out of the=20 stock. But I'll most likely look long and hard before investing in a=20 V-shaped Cup in the future. Obviously, (as WON believes, I believe), a=20 V-shape denotes that there has not been enough QUIET selling yet. Perhaps,=20 this isn't the right strategy for a bull mkt. (where V-shaped formations can= =20 be equated with momentum-stock run-ups), but just because the bear has lost=20 its strength and is sleeping now (which I believe the Markets indicate), doe= s=20 not mean that the bull is running (which I also believe): We are now, I=20 think,in an interim period-before the pendulum swings back to its bullish=20 state.=20 jans =20 In a message dated 1/3/2002 5:09:29 PM Eastern Standard Time,=20 kmalm@earthlink.net writes: << Hi Doug, =20 Here's today's tag line on FIC from Briefing.com: =20 Fair, Isaac and Co (FIC) 52.90 -9.05 (-14.6%): Stock is getting whacked on=20= a=20 pre-open Robertson Stephens note that raises concerns about the co's Q4 10K;= =20 specifically, the firm says that FIC seems to have recognized $6.2 mln of=20 'non-core' revs, contributing $0.05-$0.09 to FIC's Q4 EPS. =20 Katherine ----- Original Message -----=20 From: DOUG CHIURATO=20 To: canslim@lists.xmission.com=20 Sent: Thursday, January 03, 2002 3:55 PM Subject: Re: [CANSLIM] where is =20 =20 Wow. a 23% drop in one day. Probably won't make for a very good handle. ;= (=20 Didnt see any news giving any reason for it. It's in the same group as EPIQ,= =20 according to DGO. Two of the other 5 top stocks in that group got hit. TSAI,= =20 which doesnt have very good fundies anyway and DGIN which has recovering=20 fundies but would not have been good enough for me. The surprise is the=20 fundies of FIC don't look too bad. Strong sequential growth in rev and=20 income. I'm Just glad I'm not in it. Most of my stocks held up pretty good=20 today. DYII looks like it's trying for another breakout. Hoping it won't end= =20 up like FIC. =20 =20 ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Thursday, January 03, 2002 1:45 PM Subject: Re: [CANSLIM] where is =20 =20 D'you see that spectacular fall from grace on FIC today? Failed B/O bac= k=20 on 12/28 and trouble already in the group...but Ouch, what a stinky stock=20 that became today...hope nobody here was holding... =20 Katherine >> - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: esetser Subject: Re: [CANSLIM] UTSI Date: 03 Jan 2002 18:43:05 -0800 Oh yes, this one will definitely take off (and already has), since I sold it to lock in some profits during it's dip early on Wed. Look out above!! At 12:45 PM 1/3/02 +0100, you wrote: >UTSI seems interesting again. >In the weekly chart it looks like it build another handle (but I am not sure). > >Industry Group made a good move yesterday. >EPS 99 >SMR A >ACC DISS A >Time A >Sponsorship rating C > >ROI 15% >Dept 2% > >MGM Ownership 63% (!) >PE 45 > > > > > > >- >-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. ------------------------------------------------------------------------------- From: "Mike Hofmann" Subject: Re: [CANSLIM] PIR Date: 03 Jan 2002 18:34:13 -0800 Thanks for taking the time to reply, Jans. I thought I remembered reading somewhere along the line that a gap at the open was a good thing from a CANSLIM standpoint. Also, I don't understand why it would indicate retail buying. Something happened between yesterday's close at 17.00 and this morning's open at 17.80. I've thought that this meant that the big boys were buying. How does a retail investor buy after the close of extended trading one day and the opening bell the next day? As for institutional support, I spent a good deal of time researching this area. Here's why I think this criterion is a positive for PIR. Net institutional shares purchased in the quarter ended 9/30 was +674,000 (per MarketGuide.com). Also, of the top 15 institutional holders, only 3 decreased their holdings during the quarter. The primary institutional sellers were Fidelity which sold 4.6 million shares (40% of their position) and First Union which sold 2.1 million shares (89% of their position). I thought that since the majority of the heavy holders increased their positions, it was a plus for PIR. It seems to me that earnings are good enough in the face of the other positives and the extenuating circumstances of the terrible retail environment during the first half of this year. WON says that previous 5 years earnings growth and that in the past 2 quarters are the most important fundamentals. PIR's 5-yr growth is 54% and while QoQ earnings dropped in the 2nd quarter, they increased last quarter (albeit only 8%). If they hit the bottom end of today's revised earnings guidance, QoQ growth will be a more respectable 15%. Forward YoY earnings are currently projected to increase 12%. I agree that this could very well be a climax run for PIR. That concerns me greatly and will likely prevent me from jumping in. I am also wondering about the price and RS pattern. WON warns that "the time to begin selling is when the stock advances rapidly, is extended materially from its base, and is showing extremely high relative strength". If that doesn't describe PIR right not, I don't know what does. But I've read other technicians that say it's a positive sign if a stock hits new price highs without hitting new RS highs. PIR's RS has bounced off 100 several times over the past few months. Might it do it again this time? Well, I think that was a little more than 2 cents worth, but you can keep the change ;^) Mike ----- Original Message ----- Sent: Thursday, January 03, 2002 4:51 PM Mike: Just my 2¢, but I wouldn't even consider PIR-and here's why: The '02 $Annual Earnings don't look impressive, and neither does the sales increase, nor do the last 4 quarters of earnings (two in fact were negative). As for the gap on the open-why is that such a good thing? The open is where emotional buying takes place (by retail investors, not the funds-ie. smart money). So why one should consider "gapping on the open" a selling point, I have no idea. It did establish a new high (closing 8% higher), and it closed at the top of its range on VERY high volume, which is a good thing. But its RS line (as seen in DG) did not make a new high. This is one of WON's warning signals to sell (and I imagine it would apply just as much to warn those away from buying). To me the lagging RS on very high volume indicates that PIR has just made it climax run. As far as the heavy institutional buying: I like the way Andreas analyzed DFXI (I believe that's the stock he looked at) by looking at how many institutions were INCREASING their buying of the stock. Just because institutions are heavily into it doesn't mean too much to me. It's like looking at EPS and Sales-you want the numbers to be increasing. According to the beta version of the DG weekly graph (just to the bottom right of where the graph begins) the # of funds holding the stock is decreasing (in quarterly order from the most recent in 12/01, the numbers are: 160, 166, 161, 162) Of course, I could be wrong on all this, but I really don't feel the probability of PIR going much higher-after looking at the chart, and PIR's fundamentals-is in your favor. jans In a message dated 1/3/2002 6:06:41 PM Eastern Standard Time, sfmcanslim@hotmail.com writes: << Great action on PIR recently, especially today. Granted, specialty retail may not be a particularly CANSLIMish industry, but here's what I've got on it. Sure would appreciate commentary. Today: a.. Gapped up at open b.. Established new high on extremely heavy volume (more than 5x ADV) c.. Ended day at upper end of day's trading range d.. Announced better than expected Dec sales and increased earnings guidance for the quarter e.. Analysts are raving Fundies: Very strong overall Pros: a.. Heavy institutional buying in quarter ended 9/30/2001 b.. EPS has held up in difficult economy (EPS up 9% in 3Q2001) c.. Cash flow + (big time) d.. Low debt and big improvement in this area the last two quarters e.. ROE just shy of WON's 17% criterion (16.6%), but is well above industry avg (12.7%) f.. RSI has been holding in the 90s since early Oct Cons: a.. Annual earnings growth decreasing (5 yr = 54%, 3 yr = 10%, TTM = -2%) ... but TTM should improve if 4th Q comes in as expected b.. PEG may be a bit high (~1.4), but is in line with industry average (1.5) c.. Insider ownership is poor at only 1.5% of outstanding shares and insiders have been selling d.. Has been on a very good run; are we seeing a climax top? Today marked by far the largest single day increase since the beginning of this run. Chart: a.. Broke out of cup w/o handle base formed by 12.65 high 9/4, 52-wk low of 7.97 on 9/21 and gap up on strong volume 11/8. Also gapped up 11/26 & 12/18. That makes today's action the 4th b/o since early Nov. Could be tired, but I like the divergence between price and RSI. Price is hitting new highs while RSI has a little room to grow. Does it have enough steam to break through the all-time high of around 20? Support: Around 50-day EMA (14.72) Resistance: Around all-time high established 2Q1998 (~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. ------------------------------------------------------------------------------- From: "Mike Hofmann" Subject: Re: [CANSLIM] PIR Date: 03 Jan 2002 18:39:38 -0800 This is a multi-part message in MIME format. ------=_NextPart_000_0188_01C19485.FF9683E0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Thanks Katherine. I appreciate your input. What other retailers would you put in the same niche a PIR? I looked = through the list of specialty retailers and I didn't see one that fills = quite the same niche as PIR. It's possible that means that there's = really no market for that niche. I was trying to figure out who to = compare them to but they seem to be unique. They compete with sections = of department stores and small specialty stores. I'm not sure how to = evaluate their performance against their direct competition. Who would = you say they're lagging behind? Mike ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Thursday, January 03, 2002 4:07 PM Subject: Re: [CANSLIM] PIR Hi Mike, Specialty retail is often a space to find great CANSLIM stocks, but = only if the company is defining a new market, addressing an existing = market in a new way, has a particular niche, or is consolidating = retailers in a meaningful way. Pier One has been in a long slump, = essentially a flat base since 1/99. The breakout of that range occurred = 11/26/01 and is the only "official" breakout by CANSLIM rules. Action = since then is really a continuation of the move, so I'd say the real = support is back at the pivot around 14ish. (This seems to be confirmed = by your 50 day EMA support figure.) Pier One has been trying to spice up the mix as their sales and growth = had become stale. In February 2001, they purchased "Cargo Furniture" = which is based in Ft. Worth. This is a retailer for toddler furniture = and the company thinks they can carve a niche and roll this out = nationally. I'm sure some of the action lately is in anticipation of = their success. From a CANSLIM point of view, however, the results from = the acquisition haven't found their way into the revenue and EPS figures = in a meaningful way. QoQ and YoY growth is still sluggish. Until the = evidence is clearer, I'd consider this one a laggard in the group. Katherine ----- Original Message -----=20 From: Mike Hofmann=20 To: CANSLIM msg board=20 Sent: Thursday, January 03, 2002 5:02 PM Subject: [CANSLIM] PIR Great action on PIR recently, especially today. Granted, specialty = retail may not be a particularly CANSLIMish industry, but here's what = I've got on it. Sure would appreciate commentary. Today: a.. Gapped up at open=20 b.. Established new high on extremely heavy volume (more than 5x = ADV)=20 c.. Ended day at upper end of day's trading range=20 d.. Announced better than expected Dec sales and increased = earnings guidance for the quarter=20 e.. Analysts are raving Fundies: Very strong overall Pros: a.. Heavy institutional buying in quarter ended 9/30/2001=20 b.. EPS has held up in difficult economy (EPS up 9% in 3Q2001)=20 c.. Cash flow + (big time)=20 d.. Low debt and big improvement in this area the last two = quarters=20 e.. ROE just shy of WON's 17% criterion (16.6%), but is well above = industry avg (12.7%)=20 f.. RSI has been holding in the 90s since early Oct Cons: a.. Annual earnings growth decreasing (5 yr =3D 54%, 3 yr =3D 10%, = TTM =3D -2%) ... but TTM should improve if 4th Q comes in as expected=20 b.. PEG may be a bit high (~1.4), but is in line with industry = average (1.5)=20 c.. Insider ownership is poor at only 1.5% of outstanding shares = and insiders have been selling=20 d.. Has been on a very good run; are we seeing a climax top? Today = marked by far the largest single day increase since the beginning of = this run. Chart: a.. Broke out of cup w/o handle base formed by 12.65 high 9/4, = 52-wk low of 7.97 on 9/21 and gap up on strong volume 11/8. Also gapped = up 11/26 & 12/18. That makes today's action the 4th b/o since early Nov. = Could be tired, but I like the divergence between price and RSI. Price = is hitting new highs while RSI has a little room to grow. Does it have = enough steam to break through the all-time high of around 20? Support: Around 50-day EMA (14.72) Resistance: Around all-time high established 2Q1998 (~20) ------=_NextPart_000_0188_01C19485.FF9683E0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Thanks Katherine. I appreciate your=20 input.
 
What other retailers would you put in = the same=20 niche a PIR? I looked through the list of specialty retailers and I = didn't see=20 one that fills quite the same niche as PIR. It's possible that means = that=20 there's really no market for that niche. I was trying to figure out who = to=20 compare them to but they seem to be unique. They compete with sections = of=20 department stores and small specialty stores. I'm not sure how=20 to evaluate their performance against their direct = competition. Who=20 would you say they're lagging behind?
 
Mike
 
----- Original Message -----
From:=20 Katherine=20 Malm
Sent: Thursday, January 03, = 2002 4:07=20 PM
Subject: Re: [CANSLIM] = PIR

Hi Mike,
 
Specialty retail is often a space to find great CANSLIM stocks, = but only=20 if the company is defining a new market, addressing an existing market = in a=20 new way, has a particular niche, or is consolidating retailers in a = meaningful=20 way. Pier One has been in a long slump, essentially a flat base since = 1/99.=20 The breakout of that range occurred 11/26/01 and is the only = "official"=20 breakout by CANSLIM rules. Action since then is really a continuation = of the=20 move, so I'd say the real support is back at the pivot around 14ish. = (This=20 seems to be confirmed by your 50 day EMA support figure.)
 
Pier One has been trying to spice up the mix as their sales and = growth=20 had become stale. In February 2001, they purchased "Cargo Furniture" = which is=20 based in Ft. Worth. This is a retailer for toddler furniture and the = company=20 thinks they can carve a niche and roll this out nationally. I'm sure = some of=20 the action lately is in anticipation of their success. From a CANSLIM = point of=20 view, however, the results from the acquisition haven't found their = way into=20 the revenue and EPS figures in a meaningful way. QoQ and YoY growth is = still=20 sluggish. Until the evidence is clearer, I'd consider this one a = laggard in=20 the group.
 
Katherine
----- Original Message -----
From:=20 Mike=20 Hofmann
Sent: Thursday, January 03, = 2002 5:02=20 PM
Subject: [CANSLIM] PIR

Great action on PIR recently, = especially today.=20 Granted, specialty retail may not be a particularly CANSLIMish = industry, but=20 here's what I've got on it. Sure would appreciate = commentary.
 
Today:
  • Gapped up at open=20
  • Established new high on extremely = heavy volume=20 (more than 5x ADV)=20
  • Ended day at upper end of day's = trading=20 range=20
  • Announced better than expected Dec = sales and=20 increased earnings guidance for the quarter=20
  • Analysts are = raving
Fundies:
 
Very strong overall
 
Pros:
  • Heavy institutional buying in = quarter ended=20 9/30/2001=20
  • EPS has held up in difficult = economy (EPS up=20 9% in 3Q2001)=20
  • Cash flow + (big time)=20
  • Low debt and big improvement in = this area the=20 last two quarters=20
  • ROE just shy of WON's 17% = criterion (16.6%),=20 but is well above industry avg (12.7%)=20
  • RSI has been holding in the 90s = since early=20 Oct
Cons:
  • Annual earnings growth decreasing = (5 yr =3D 54%,=20 3 yr =3D 10%, TTM =3D -2%) ... but TTM should improve if 4th Q = comes in as=20 expected=20
  • PEG may be a bit high (~1.4), but = is in line=20 with industry average (1.5)=20
  • Insider ownership is poor at only = 1.5% of=20 outstanding shares and insiders have been selling=20
  • Has been on a very good run; are = we seeing a=20 climax top? Today marked by far the largest single day increase = since the=20 beginning of this run.
Chart:
  • Broke out of cup w/o handle base = formed by=20 12.65 high 9/4, 52-wk low of 7.97 on 9/21 and gap up on strong = volume=20 11/8. Also gapped up 11/26 & 12/18. That makes today's action = the 4th=20 b/o since early Nov. Could be tired, but I like the divergence = between=20 price and RSI. Price is hitting new highs while RSI has a little = room to=20 grow. Does it have enough steam to break through the all-time high = of=20 around 20?
 
Support: = Around 50-day=20 EMA (14.72)
 
Resistance: = Around=20 all-time high established 2Q1998 (~20)
 
------=_NextPart_000_0188_01C19485.FF9683E0-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "DOUG CHIURATO" Subject: Re: [CANSLIM] PIR Date: 03 Jan 2002 19:52:57 -0700 This is a multi-part message in MIME format. ------=_NextPart_000_0011_01C19490.3DA66100 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable I've read the responses of Katherine and Jans and I agree with their = assessments. Refering to a weekly chart it looks like PIR did break out = from a double bottom pattern on 11/26. The left side of the pattern = starting Dec 00 and the center around June 01. DGO shows the co. expects = Q4 FY02 earnings at .40 to .42. I believe that will be compared to the = .38 cents for Q ended 02/28/01. Maybe it's better than what the analysts = expected but it's not that great from a CANSLIM perspective. If the = number came in at .65 or more I might be interested. Looking at the = stock price move from 7.97 in Sept to 18.50 today it's clear somebody = likes the stock. And I'm sure they would be more than happy to sell it = to you as they finally take their profits and move on to something else. = The drop from 18.50 to the 'support' of the 50dma at 14.5 is 22%. Too = much for me. I agree that this stock is ready to breakdown. It broke the = lower trend channel yesterday and today was a great effort to get back = in the channel. I just don't see it staying there. The 50dma is = beckoning. ----- Original Message -----=20 From: Mike Hofmann=20 To: CANSLIM msg board=20 Sent: Thursday, January 03, 2002 4:02 PM Subject: [CANSLIM] PIR Great action on PIR recently, especially today. Granted, specialty = retail may not be a particularly CANSLIMish industry, but here's what = I've got on it. Sure would appreciate commentary. Today: a.. Gapped up at open=20 b.. Established new high on extremely heavy volume (more than 5x = ADV)=20 c.. Ended day at upper end of day's trading range=20 d.. Announced better than expected Dec sales and increased earnings = guidance for the quarter=20 e.. Analysts are raving Fundies: Very strong overall Pros: a.. Heavy institutional buying in quarter ended 9/30/2001=20 b.. EPS has held up in difficult economy (EPS up 9% in 3Q2001)=20 c.. Cash flow + (big time)=20 d.. Low debt and big improvement in this area the last two quarters=20 e.. ROE just shy of WON's 17% criterion (16.6%), but is well above = industry avg (12.7%)=20 f.. RSI has been holding in the 90s since early Oct Cons: a.. Annual earnings growth decreasing (5 yr =3D 54%, 3 yr =3D 10%, = TTM =3D -2%) ... but TTM should improve if 4th Q comes in as expected=20 b.. PEG may be a bit high (~1.4), but is in line with industry = average (1.5)=20 c.. Insider ownership is poor at only 1.5% of outstanding shares and = insiders have been selling=20 d.. Has been on a very good run; are we seeing a climax top? Today = marked by far the largest single day increase since the beginning of = this run. Chart: a.. Broke out of cup w/o handle base formed by 12.65 high 9/4, 52-wk = low of 7.97 on 9/21 and gap up on strong volume 11/8. Also gapped up = 11/26 & 12/18. That makes today's action the 4th b/o since early Nov. = Could be tired, but I like the divergence between price and RSI. Price = is hitting new highs while RSI has a little room to grow. Does it have = enough steam to break through the all-time high of around 20? Support: Around 50-day EMA (14.72) Resistance: Around all-time high established 2Q1998 (~20) ------=_NextPart_000_0011_01C19490.3DA66100 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
I've read the responses of Katherine = and Jans and I=20 agree with their assessments. Refering to a weekly chart it looks like = PIR did=20 break out from a double bottom pattern on 11/26. The left side of=20 the pattern starting Dec 00 and the center around June 01. DGO = shows the=20 co. expects Q4 FY02 earnings at .40 to .42. I believe that will be = compared to=20 the .38 cents for Q ended 02/28/01. Maybe it's better than what the = analysts=20 expected but it's not that great from a CANSLIM perspective. If the = number came=20 in at .65 or more I might be interested. Looking at the stock price move = from=20 7.97 in Sept to 18.50 today it's clear somebody likes the stock. And I'm = sure=20 they would be more than happy to sell it to you as they finally take = their=20 profits and move on to something else. The drop from 18.50 to the = 'support' of=20 the 50dma at 14.5 is 22%. Too much for me. I agree that this stock is = ready to=20 breakdown. It broke the lower trend channel yesterday and today was a = great=20 effort to get back in the channel. I just don't see it staying there. = The 50dma=20 is beckoning.
 
----- Original Message -----
From:=20 Mike=20 Hofmann
Sent: Thursday, January 03, = 2002 4:02=20 PM
Subject: [CANSLIM] PIR

Great action on PIR recently, = especially today.=20 Granted, specialty retail may not be a particularly CANSLIMish = industry, but=20 here's what I've got on it. Sure would appreciate = commentary.
 
Today:
  • Gapped up at open=20
  • Established new high on extremely = heavy volume=20 (more than 5x ADV)=20
  • Ended day at upper end of day's = trading=20 range=20
  • Announced better than expected Dec = sales and=20 increased earnings guidance for the quarter=20
  • Analysts are raving
Fundies:
 
Very strong overall
 
Pros:
  • Heavy institutional buying in = quarter ended=20 9/30/2001=20
  • EPS has held up in difficult economy = (EPS up 9%=20 in 3Q2001)=20
  • Cash flow + (big time)=20
  • Low debt and big improvement in this = area the=20 last two quarters=20
  • ROE just shy of WON's 17% criterion = (16.6%), but=20 is well above industry avg (12.7%)=20
  • RSI has been holding in the 90s = since early=20 Oct
Cons:
  • Annual earnings growth decreasing (5 = yr =3D 54%, 3=20 yr =3D 10%, TTM =3D -2%) ... but TTM should improve if 4th Q comes = in as=20 expected=20
  • PEG may be a bit high (~1.4), but is = in line=20 with industry average (1.5)=20
  • Insider ownership is poor at only = 1.5% of=20 outstanding shares and insiders have been selling=20
  • Has been on a very good run; are we = seeing a=20 climax top? Today marked by far the largest single day increase = since the=20 beginning of this run.
Chart:
  • Broke out of cup w/o handle base = formed by 12.65=20 high 9/4, 52-wk low of 7.97 on 9/21 and gap up on strong volume = 11/8. Also=20 gapped up 11/26 & 12/18. That makes today's action the 4th b/o = since=20 early Nov. Could be tired, but I like the divergence between price = and RSI.=20 Price is hitting new highs while RSI has a little room to grow. Does = it have=20 enough steam to break through the all-time high of around = 20?
 
Support: = Around 50-day=20 EMA (14.72)
 
Resistance: = Around=20 all-time high established 2Q1998 (~20)
 
------=_NextPart_000_0011_01C19490.3DA66100-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] PIR Date: 03 Jan 2002 21:06:12 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_0244_01C1949A.7930CBC0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi Mike, PIR is tough to compare directly to anybody else except maybe CPWM (who = has their own problems). In general, I would compare them to WSM (who = owns Pottery Barn, Pottery Barn Kids, Williams Sonoma, Hold Everything, = Chambers, and I think a gardening mail order catalog), URBN and BBBY. In = furniture, only ETH comes to mind as a maker of a "junior" line of = furniture to compare to Cargo Furniture. In addition to these fairly = direct competitors, I'd also compare them to specialty retailing in = general. That would throw in such companies as GLYN, HLYW/BBI/MOVI, = KMX/SAH, GPI, TSCO, ACMR/MIK, RGIS, BKS/BGP. This is a hugely diverse = grouping, but the stocks I've listed have the "bare bones" requirements = to make them CANSLIM quality. This certainly isn't an exhaustive = listing. You could argue for comparison to WMT or KSS or TJX etc. But = you get my drift. The fact that so many other competitors have "pieces" = of their retailing concept just shows how they've drifted into ho-hum in = the last couple of years. They've been aggressively cost cutting and = trying to streamline. That's good, but I still like proof before putting = my hard earned money on the line. In general, if the growth rates for EPS and Revenues are less than 20% = QoQ, I consider the company to be a laggard. The only time I would make = exception is if they were making some kind of turnaround and after a = period of declining EPS/Rev, were starting to show accelerating growth = again. Look at the excellent growth of a company like BBBY and you'll = see what I mean by way of comparison. Look at the turnaround in a = company like URBN or MIK as an example. I'll send you a PIR chart with = earnings numbers, as it'll be too big for the list. Katherine ----- Original Message -----=20 From: Mike Hofmann=20 To: canslim@lists.xmission.com=20 Sent: Thursday, January 03, 2002 8:39 PM Subject: Re: [CANSLIM] PIR Thanks Katherine. I appreciate your input. What other retailers would you put in the same niche a PIR? I looked = through the list of specialty retailers and I didn't see one that fills = quite the same niche as PIR. It's possible that means that there's = really no market for that niche. I was trying to figure out who to = compare them to but they seem to be unique. They compete with sections = of department stores and small specialty stores. I'm not sure how to = evaluate their performance against their direct competition. Who would = you say they're lagging behind? Mike ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Thursday, January 03, 2002 4:07 PM Subject: Re: [CANSLIM] PIR Hi Mike, Specialty retail is often a space to find great CANSLIM stocks, but = only if the company is defining a new market, addressing an existing = market in a new way, has a particular niche, or is consolidating = retailers in a meaningful way. Pier One has been in a long slump, = essentially a flat base since 1/99. The breakout of that range occurred = 11/26/01 and is the only "official" breakout by CANSLIM rules. Action = since then is really a continuation of the move, so I'd say the real = support is back at the pivot around 14ish. (This seems to be confirmed = by your 50 day EMA support figure.) Pier One has been trying to spice up the mix as their sales and = growth had become stale. In February 2001, they purchased "Cargo = Furniture" which is based in Ft. Worth. This is a retailer for toddler = furniture and the company thinks they can carve a niche and roll this = out nationally. I'm sure some of the action lately is in anticipation of = their success. From a CANSLIM point of view, however, the results from = the acquisition haven't found their way into the revenue and EPS figures = in a meaningful way. QoQ and YoY growth is still sluggish. Until the = evidence is clearer, I'd consider this one a laggard in the group. Katherine ----- Original Message -----=20 From: Mike Hofmann=20 To: CANSLIM msg board=20 Sent: Thursday, January 03, 2002 5:02 PM Subject: [CANSLIM] PIR Great action on PIR recently, especially today. Granted, specialty = retail may not be a particularly CANSLIMish industry, but here's what = I've got on it. Sure would appreciate commentary. Today: a.. Gapped up at open=20 b.. Established new high on extremely heavy volume (more than 5x = ADV)=20 c.. Ended day at upper end of day's trading range=20 d.. Announced better than expected Dec sales and increased = earnings guidance for the quarter=20 e.. Analysts are raving Fundies: Very strong overall Pros: a.. Heavy institutional buying in quarter ended 9/30/2001=20 b.. EPS has held up in difficult economy (EPS up 9% in 3Q2001)=20 c.. Cash flow + (big time)=20 d.. Low debt and big improvement in this area the last two = quarters=20 e.. ROE just shy of WON's 17% criterion (16.6%), but is well = above industry avg (12.7%)=20 f.. RSI has been holding in the 90s since early Oct Cons: a.. Annual earnings growth decreasing (5 yr =3D 54%, 3 yr =3D = 10%, TTM =3D -2%) ... but TTM should improve if 4th Q comes in as = expected=20 b.. PEG may be a bit high (~1.4), but is in line with industry = average (1.5)=20 c.. Insider ownership is poor at only 1.5% of outstanding shares = and insiders have been selling=20 d.. Has been on a very good run; are we seeing a climax top? = Today marked by far the largest single day increase since the beginning = of this run. Chart: a.. Broke out of cup w/o handle base formed by 12.65 high 9/4, = 52-wk low of 7.97 on 9/21 and gap up on strong volume 11/8. Also gapped = up 11/26 & 12/18. That makes today's action the 4th b/o since early Nov. = Could be tired, but I like the divergence between price and RSI. Price = is hitting new highs while RSI has a little room to grow. Does it have = enough steam to break through the all-time high of around 20? Support: Around 50-day EMA (14.72) Resistance: Around all-time high established 2Q1998 (~20) ------=_NextPart_000_0244_01C1949A.7930CBC0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Hi Mike,
 
PIR is tough to compare directly to anybody else except maybe CPWM = (who has=20 their own problems). In general, I would compare them to WSM (who owns = Pottery=20 Barn, Pottery Barn Kids, Williams Sonoma, Hold Everything, Chambers, and = I think=20 a gardening mail order catalog), URBN and BBBY. In furniture, only ETH = comes to=20 mind as a maker of a "junior" line of furniture to compare to Cargo = Furniture.=20 In addition to these fairly direct competitors, I'd also compare them to = specialty retailing in general. That would throw in such companies as = GLYN,=20 HLYW/BBI/MOVI, KMX/SAH, GPI, TSCO, ACMR/MIK, RGIS, BKS/BGP. This is a = hugely=20 diverse grouping, but the stocks I've listed have the "bare bones" = requirements=20 to make them CANSLIM quality. This certainly isn't an exhaustive = listing. You=20 could argue for comparison to WMT or KSS or TJX etc. But you get my = drift. The=20 fact that so many other competitors have "pieces" of their retailing = concept=20 just shows how they've drifted into ho-hum in the last couple of years. = They've=20 been aggressively cost cutting and trying to streamline. That's good, = but I=20 still like proof before putting my hard earned money on the line.
 
In general, if the growth rates for EPS and Revenues are less than = 20% QoQ,=20 I consider the company to be a laggard. The only time I would make = exception is=20 if they were making some kind of turnaround and after a period of = declining=20 EPS/Rev, were starting to show accelerating growth again. Look at the = excellent=20 growth of a company like BBBY and you'll see what I mean by way of = comparison.=20 Look at the turnaround in a company like URBN or MIK as an example. I'll = send=20 you a PIR chart with earnings numbers, as it'll be too big for the = list.
 
Katherine
----- Original Message -----
From:=20 Mike=20 Hofmann
Sent: Thursday, January 03, = 2002 8:39=20 PM
Subject: Re: [CANSLIM] = PIR

Thanks Katherine. I appreciate your=20 input.
 
What other retailers would you put in = the same=20 niche a PIR? I looked through the list of specialty retailers and I = didn't see=20 one that fills quite the same niche as PIR. It's possible that means = that=20 there's really no market for that niche. I was trying to figure out = who to=20 compare them to but they seem to be unique. They compete with sections = of=20 department stores and small specialty stores. I'm not sure how=20 to evaluate their performance against their direct = competition. Who=20 would you say they're lagging behind?
 
Mike
 
----- Original Message -----
From:=20 Katherine=20 Malm
Sent: Thursday, January 03, = 2002 4:07=20 PM
Subject: Re: [CANSLIM] = PIR

Hi Mike,
 
Specialty retail is often a space to find great CANSLIM stocks, = but=20 only if the company is defining a new market, addressing an existing = market=20 in a new way, has a particular niche, or is consolidating retailers = in a=20 meaningful way. Pier One has been in a long slump, essentially a = flat base=20 since 1/99. The breakout of that range occurred 11/26/01 and is the = only=20 "official" breakout by CANSLIM rules. Action since then is really a=20 continuation of the move, so I'd say the real support is back at the = pivot=20 around 14ish. (This seems to be confirmed by your 50 day EMA support = figure.)
 
Pier One has been trying to spice up the mix as their sales and = growth=20 had become stale. In February 2001, they purchased "Cargo Furniture" = which=20 is based in Ft. Worth. This is a retailer for toddler furniture and = the=20 company thinks they can carve a niche and roll this out nationally. = I'm sure=20 some of the action lately is in anticipation of their success. From = a=20 CANSLIM point of view, however, the results from the acquisition = haven't=20 found their way into the revenue and EPS figures in a meaningful = way. QoQ=20 and YoY growth is still sluggish. Until the evidence is clearer, I'd = consider this one a laggard in the group.
 
Katherine
----- Original Message ----- =
From:=20 Mike=20 Hofmann
To: CANSLIM msg board =
Sent: Thursday, January 03, = 2002 5:02=20 PM
Subject: [CANSLIM] = PIR

Great action on PIR recently, = especially=20 today. Granted, specialty retail may not be a particularly = CANSLIMish=20 industry, but here's what I've got on it. Sure would appreciate=20 commentary.
 
Today:
  • Gapped up at open=20
  • Established new high on = extremely heavy=20 volume (more than 5x ADV)=20
  • Ended day at upper end of day's = trading=20 range=20
  • Announced better than expected = Dec sales and=20 increased earnings guidance for the quarter=20
  • Analysts are = raving
Fundies:
 
Very strong overall
 
Pros:
  • Heavy institutional buying in = quarter ended=20 9/30/2001=20
  • EPS has held up in difficult = economy (EPS up=20 9% in 3Q2001)=20
  • Cash flow + (big time)=20
  • Low debt and big improvement in = this area=20 the last two quarters=20
  • ROE just shy of WON's 17% = criterion (16.6%),=20 but is well above industry avg (12.7%)=20
  • RSI has been holding in the 90s = since early=20 Oct
Cons:
  • Annual earnings growth = decreasing (5 yr =3D=20 54%, 3 yr =3D 10%, TTM =3D -2%) ... but TTM should improve if = 4th Q comes in=20 as expected=20
  • PEG may be a bit high (~1.4), = but is in line=20 with industry average (1.5)=20
  • Insider ownership is poor at = only 1.5% of=20 outstanding shares and insiders have been selling=20
  • Has been on a very good run; are = we seeing a=20 climax top? Today marked by far the largest single day increase = since=20 the beginning of this run.
Chart:
  • Broke out of cup w/o handle base = formed by=20 12.65 high 9/4, 52-wk low of 7.97 on 9/21 and gap up on strong = volume=20 11/8. Also gapped up 11/26 & 12/18. That makes today's = action the=20 4th b/o since early Nov. Could be tired, but I like the = divergence=20 between price and RSI. Price is hitting new highs while RSI has = a little=20 room to grow. Does it have enough steam to break through the = all-time=20 high of around 20?
 
Support: = Around=20 50-day EMA (14.72)
 
Resistance: Around=20 all-time high established 2Q1998 (~20)
 
------=_NextPart_000_0244_01C1949A.7930CBC0-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Pat" Subject: Re: [CANSLIM] PIR Date: 03 Jan 2002 23:20:21 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_005D_01C194AD.3721CE60 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Mike, I don't follow PIR, but this was posted by Briefing.com today: = Pat 11:07 ET Pier 1 Imports (PIR): 18.20 +1.20: North America's largest = specialty retailer of imported decorative home furnishings and gifts is = moving higher this morning after it reported that comparable sales for = Dec rose 14% yoy. As a result, the company is raising Q4 (Feb) guidance = to $0.44-$0.46 vs Multex consensus of $0.42. There could be more good = news to come heading into its annual February bedroom promotion as = traffic continued to be strong even after Christmas with solid gains in = all categories, including furniture. New receipts, including spring and = outdoor merchandise, are now arriving in the stores and are being well = received by customers....The company's strategy is to sell unique = merchandise at everyday prices. This represents a change for Pier 1 as = the move to more value-priced items is a recent change. Wall Street had = been skeptical the company would be able to post solid numbers by = lowering prices, but the strategy appears to be working. Other trends = are also helping. First, Pier 1 is benefiting from the nesting fad that = has taken hold since the September 11 terrorist attacks. Second, the = strong US dollar and weak global economy has allowed Pier 1 to buy goods = from overseas at a lower cost. Third, there are relatively few players = in its market segment. The company also has some impressive expansion = plans, including adding 85 stores in the US next year (up from the = normal 60), on top of its existing 902 outlets. Management is clearly = confident the chain can prosper in a tough economy....Investors are = taking notice as the stock has more than doubled since late Sep. = However, its valuation still appears attractive. Pier 1 trades at a = forward p/e of 16.7x vs ratios of 24.7x and 38.7x for competitors Cost = Plus (CPWM 26.22 -0.04) and Bed Bath & Beyond (BBBY 34.03 +0.64), = respectively. Not sure we'd be buyers on this news, but we would be = buyers on weakness in the coming weeks ahead of what we expect will be = additional stronger-than-expected same store sales results in the coming = months. -- Robert J. Reid, Briefing.com ----- Original Message -----=20 From: Mike Hofmann=20 To: canslim@lists.xmission.com=20 Sent: Thursday, January 03, 2002 9:39 PM Subject: Re: [CANSLIM] PIR Thanks Katherine. I appreciate your input. What other retailers would you put in the same niche a PIR? I looked = through the list of specialty retailers and I didn't see one that fills = quite the same niche as PIR. It's possible that means that there's = really no market for that niche. I was trying to figure out who to = compare them to but they seem to be unique. They compete with sections = of department stores and small specialty stores. I'm not sure how to = evaluate their performance against their direct competition. Who would = you say they're lagging behind? Mike ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Thursday, January 03, 2002 4:07 PM Subject: Re: [CANSLIM] PIR Hi Mike, Specialty retail is often a space to find great CANSLIM stocks, but = only if the company is defining a new market, addressing an existing = market in a new way, has a particular niche, or is consolidating = retailers in a meaningful way. Pier One has been in a long slump, = essentially a flat base since 1/99. The breakout of that range occurred = 11/26/01 and is the only "official" breakout by CANSLIM rules. Action = since then is really a continuation of the move, so I'd say the real = support is back at the pivot around 14ish. (This seems to be confirmed = by your 50 day EMA support figure.) Pier One has been trying to spice up the mix as their sales and = growth had become stale. In February 2001, they purchased "Cargo = Furniture" which is based in Ft. Worth. This is a retailer for toddler = furniture and the company thinks they can carve a niche and roll this = out nationally. I'm sure some of the action lately is in anticipation of = their success. From a CANSLIM point of view, however, the results from = the acquisition haven't found their way into the revenue and EPS figures = in a meaningful way. QoQ and YoY growth is still sluggish. Until the = evidence is clearer, I'd consider this one a laggard in the group. Katherine ----- Original Message -----=20 From: Mike Hofmann=20 To: CANSLIM msg board=20 Sent: Thursday, January 03, 2002 5:02 PM Subject: [CANSLIM] PIR Great action on PIR recently, especially today. Granted, specialty = retail may not be a particularly CANSLIMish industry, but here's what = I've got on it. Sure would appreciate commentary. Today: a.. Gapped up at open=20 b.. Established new high on extremely heavy volume (more than 5x = ADV)=20 c.. Ended day at upper end of day's trading range=20 d.. Announced better than expected Dec sales and increased = earnings guidance for the quarter=20 e.. Analysts are raving Fundies: Very strong overall Pros: a.. Heavy institutional buying in quarter ended 9/30/2001=20 b.. EPS has held up in difficult economy (EPS up 9% in 3Q2001)=20 c.. Cash flow + (big time)=20 d.. Low debt and big improvement in this area the last two = quarters=20 e.. ROE just shy of WON's 17% criterion (16.6%), but is well = above industry avg (12.7%)=20 f.. RSI has been holding in the 90s since early Oct Cons: a.. Annual earnings growth decreasing (5 yr =3D 54%, 3 yr =3D = 10%, TTM =3D -2%) ... but TTM should improve if 4th Q comes in as = expected=20 b.. PEG may be a bit high (~1.4), but is in line with industry = average (1.5)=20 c.. Insider ownership is poor at only 1.5% of outstanding shares = and insiders have been selling=20 d.. Has been on a very good run; are we seeing a climax top? = Today marked by far the largest single day increase since the beginning = of this run. Chart: a.. Broke out of cup w/o handle base formed by 12.65 high 9/4, = 52-wk low of 7.97 on 9/21 and gap up on strong volume 11/8. Also gapped = up 11/26 & 12/18. That makes today's action the 4th b/o since early Nov. = Could be tired, but I like the divergence between price and RSI. Price = is hitting new highs while RSI has a little room to grow. Does it have = enough steam to break through the all-time high of around 20? Support: Around 50-day EMA (14.72) Resistance: Around all-time high established 2Q1998 (~20) ------=_NextPart_000_005D_01C194AD.3721CE60 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Mike,
I don't follow PIR, but this was posted = by=20 Briefing.com=20 today:           &= nbsp;           =20 Pat

11:07 ET Pier 1 Imports (PIR): 18.20 +1.20: North America's = largest=20 specialty retailer of imported decorative home furnishings and gifts is = moving=20 higher this morning after it reported that comparable sales for Dec rose = 14%=20 yoy. As a result, the company is raising Q4 (Feb) guidance to = $0.44-$0.46 vs=20 Multex consensus of $0.42. There could be more good news to come heading = into=20 its annual February bedroom promotion as traffic continued to be strong = even=20 after Christmas with solid gains in all categories, including furniture. = New=20 receipts, including spring and outdoor merchandise, are now arriving in = the=20 stores and are being well received by customers....The company's = strategy is to=20 sell unique merchandise at everyday prices. This represents a change for = Pier 1=20 as the move to more value-priced items is a recent change. Wall Street = had been=20 skeptical the company would be able to post solid numbers by lowering = prices,=20 but the strategy appears to be working. Other trends are also helping. = First,=20 Pier 1 is benefiting from the nesting fad that has taken hold since the=20 September 11 terrorist attacks. Second, the strong US dollar and weak = global=20 economy has allowed Pier 1 to buy goods from overseas at a lower cost. = Third,=20 there are relatively few players in its market segment. The company also = has=20 some impressive expansion plans, including adding 85 stores in the US = next year=20 (up from the normal 60), on top of its existing 902 outlets. Management = is=20 clearly confident the chain can prosper in a tough economy....Investors = are=20 taking notice as the stock has more than doubled=20 since late Sep. However, its valuation still appears attractive. Pier 1 = trades=20 at a forward p/e of 16.7x vs ratios of 24.7x and 38.7x for competitors = Cost=20 Plus (CPWM 26.22 -0.04) and Bed Bath & Beyond (BBBY 34.03 = +0.64),=20 respectively. Not sure we'd be buyers on this news, but we would be = buyers on=20 weakness in the coming weeks ahead of what we expect will be additional=20 stronger-than-expected same store sales results in the coming months. -- = Robert J. Reid, Briefing.com

----- Original Message -----
From:=20 Mike=20 Hofmann
Sent: Thursday, January 03, = 2002 9:39=20 PM
Subject: Re: [CANSLIM] = PIR

Thanks Katherine. I appreciate your=20 input.
 
What other retailers would you put in = the same=20 niche a PIR? I looked through the list of specialty retailers and I = didn't see=20 one that fills quite the same niche as PIR. It's possible that means = that=20 there's really no market for that niche. I was trying to figure out = who to=20 compare them to but they seem to be unique. They compete with sections = of=20 department stores and small specialty stores. I'm not sure how=20 to evaluate their performance against their direct = competition. Who=20 would you say they're lagging behind?
 
Mike
 
----- Original Message -----
From:=20 Katherine=20 Malm
Sent: Thursday, January 03, = 2002 4:07=20 PM
Subject: Re: [CANSLIM] = PIR

Hi Mike,
 
Specialty retail is often a space to find great CANSLIM stocks, = but=20 only if the company is defining a new market, addressing an existing = market=20 in a new way, has a particular niche, or is consolidating retailers = in a=20 meaningful way. Pier One has been in a long slump, essentially a = flat base=20 since 1/99. The breakout of that range occurred 11/26/01 and is the = only=20 "official" breakout by CANSLIM rules. Action since then is really a=20 continuation of the move, so I'd say the real support is back at the = pivot=20 around 14ish. (This seems to be confirmed by your 50 day EMA support = figure.)
 
Pier One has been trying to spice up the mix as their sales and = growth=20 had become stale. In February 2001, they purchased "Cargo Furniture" = which=20 is based in Ft. Worth. This is a retailer for toddler furniture and = the=20 company thinks they can carve a niche and roll this out nationally. = I'm sure=20 some of the action lately is in anticipation of their success. From = a=20 CANSLIM point of view, however, the results from the acquisition = haven't=20 found their way into the revenue and EPS figures in a meaningful = way. QoQ=20 and YoY growth is still sluggish. Until the evidence is clearer, I'd = consider this one a laggard in the group.
 
Katherine
----- Original Message ----- =
From:=20 Mike=20 Hofmann
To: CANSLIM msg board =
Sent: Thursday, January 03, = 2002 5:02=20 PM
Subject: [CANSLIM] = PIR

Great action on PIR recently, = especially=20 today. Granted, specialty retail may not be a particularly = CANSLIMish=20 industry, but here's what I've got on it. Sure would appreciate=20 commentary.
 
Today:
  • Gapped up at open=20
  • Established new high on = extremely heavy=20 volume (more than 5x ADV)=20
  • Ended day at upper end of day's = trading=20 range=20
  • Announced better than expected = Dec sales and=20 increased earnings guidance for the quarter=20
  • Analysts are = raving
Fundies:
 
Very strong overall
 
Pros:
  • Heavy institutional buying in = quarter ended=20 9/30/2001=20
  • EPS has held up in difficult = economy (EPS up=20 9% in 3Q2001)=20
  • Cash flow + (big time)=20
  • Low debt and big improvement in = this area=20 the last two quarters=20
  • ROE just shy of WON's 17% = criterion (16.6%),=20 but is well above industry avg (12.7%)=20
  • RSI has been holding in the 90s = since early=20 Oct
Cons:
  • Annual earnings growth = decreasing (5 yr =3D=20 54%, 3 yr =3D 10%, TTM =3D -2%) ... but TTM should improve if = 4th Q comes in=20 as expected=20
  • PEG may be a bit high (~1.4), = but is in line=20 with industry average (1.5)=20
  • Insider ownership is poor at = only 1.5% of=20 outstanding shares and insiders have been selling=20
  • Has been on a very good run; are = we seeing a=20 climax top? Today marked by far the largest single day increase = since=20 the beginning of this run.
Chart:
  • Broke out of cup w/o handle base = formed by=20 12.65 high 9/4, 52-wk low of 7.97 on 9/21 and gap up on strong = volume=20 11/8. Also gapped up 11/26 & 12/18. That makes today's = action the=20 4th b/o since early Nov. Could be tired, but I like the = divergence=20 between price and RSI. Price is hitting new highs while RSI has = a little=20 room to grow. Does it have enough steam to break through the = all-time=20 high of around 20?
 
Support: = Around=20 50-day EMA (14.72)
 
Resistance: Around=20 all-time high established 2Q1998 (~20)
 
------=_NextPart_000_005D_01C194AD.3721CE60-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: [CANSLIM] TOTALLY OFF TOPIC!! Date: 03 Jan 2002 23:42:46 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_005E_01C194B0.58BDE740 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable MIAMI HURRICANES ARE #1 - NATIONAL CHAMPIONS Miami 37 Nebraska 14 Total domination, words are cheap, final score says it all Tom Worley stkguru@netside.net AIM: TexWorley ------=_NextPart_000_005E_01C194B0.58BDE740 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
MIAMI HURRICANES ARE #1 - NATIONAL = CHAMPIONS
 
Miami 37
Nebraska 14
 
Total domination, words are cheap, final score = says it=20 all
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
------=_NextPart_000_005E_01C194B0.58BDE740-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: RWElmer@aol.com Subject: Re: AW: [CANSLIM] FIC Date: 04 Jan 2002 02:11:46 EST --part1_41.1634ef20.2966afb2_boundary Content-Type: text/plain; charset="US-ASCII" Content-Transfer-Encoding: 7bit Andreas, Thanks for your observations regarding stops on FIC. Our Club actually does use mental stops of 10% but does not sell based on interday activity. If a stock closes more than 10% down, we sell the next day. The problem was the price action took the stock way beneath that stop today. We'll be selling in the morning. I'm sure that this will spark the thought of using physical stops as opposed to mental ones. I have tested it many times both ways and find decisions based on closing prices suits our Club's style better. I've also noticed that interday volitility has taken me out on physical stops, during my backtests, more often then using the 10% closing rule has. I would say that both methods are perfectly vaild as long as they are adhered to. I fully agree that it takes the emotions out of the decision. The emotions in the losses are still there, however. In any event, thanks for the thoughts as I'll consider other points of view anytime! Robert W. Elmer Coldwell Banker First Shasta 2837 Bechelli Ln. Redding, CA 96002 RWElmer@aol.com 221-9556 or 1-800-348-7939 ext.156 www.robertelmer.com --part1_41.1634ef20.2966afb2_boundary Content-Type: text/html; charset="US-ASCII" Content-Transfer-Encoding: 7bit Andreas,

Thanks for your observations regarding stops on FIC. Our Club actually does use mental stops of 10% but does not sell based on interday activity. If a stock closes more than 10% down, we sell the next day. The problem was the price action took the stock way beneath that stop today. We'll be selling in the morning. I'm sure that this will spark the thought of using physical stops as opposed to mental ones. I have tested it many times both ways and find decisions based on closing prices suits our Club's style better. I've also noticed that interday volitility has taken me out on physical stops, during my backtests, more often then using the 10% closing rule has. I would say that both methods are perfectly vaild as long as they are adhered to. I fully agree that it takes the emotions out of the decision. The emotions in the losses are still there, however.

In any event, thanks for the thoughts as I'll consider other points of view anytime!

Robert W. Elmer
Coldwell Banker First Shasta
2837 Bechelli Ln.
Redding, CA 96002
RWElmer@aol.com
221-9556 or 1-800-348-7939 ext.156
www.robertelmer.com --part1_41.1634ef20.2966afb2_boundary-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Mendheart@aol.com Subject: Re: [CANSLIM] TOTALLY OFF TOPIC!! Date: 04 Jan 2002 02:13:13 EST --part1_6b.205d84c7.2966b009_boundary Content-Type: text/plain; charset="US-ASCII" Content-Transfer-Encoding: 7bit BCS & COMPUTER WINS! Human falls again! Woe for my Ducks but accolades for the Canes. Denny --part1_6b.205d84c7.2966b009_boundary Content-Type: text/html; charset="US-ASCII" Content-Transfer-Encoding: 7bit BCS & COMPUTER WINS!  Human falls again!

Woe for my Ducks but accolades for the Canes.

Denny --part1_6b.205d84c7.2966b009_boundary-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: AW: [CANSLIM] UTSI Date: 04 Jan 2002 11:52:52 +0100 The thing that makes me really bullisch on UTSI is that the IG Telecom Equip had nice litle shakeout but the Breakout of UTSI did not colapse (I think the pivot was not touched by the retrace to the base). I liked ECTX better in the beginning, but the leader of the Group is UTSI. ECTX might be a nice follow on play, if you missed the move of USTI. I am in with 28.50 (SL 27.50) ... I love plays with EPS 99 RS 95 SMR A ACC DISS A Industry Group A, Industry Group Breakout, IG RS High, nice CWH of the Stock. In the beginning of my Canslim tries I did not find plays like this at all (July, August) and I thought they just do not exist. But they acutally are, you just need to be patient. The only thing is something like that does not exist with a PE of 20 (at least I did not find it so far), but in the beginning of a rally in a recession this is always the case (that is what Oneil states). See you Andreas > -----Ursprungliche Nachricht----- > Von: Dan Forant [SMTP:dforant1@nycap.rr.com] > Gesendet am: Friday, January 04, 2002 2:02 AM > An: canslim@lists.xmission.com > Betreff: Re: [CANSLIM] UTSI > > Does this become a base on a base?? > > DanF > ----- Original Message ----- > From: "Andreas Himmelreich" > To: > Sent: Thursday, January 03, 2002 6:45 AM > Subject: [CANSLIM] UTSI > > > > UTSI seems interesting again. > > In the weekly chart it looks like it build another handle (but I am not > sure). > > > > Industry Group made a good move yesterday. > > EPS 99 > > SMR A > > ACC DISS A > > Time A > > Sponsorship rating C > > > > ROI 15% > > Dept 2% > > > > MGM Ownership 63% (!) > > PE 45 > > > > > > > > > > > > > > - > > -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. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: AW: [CANSLIM] TOTALLY OFF TOPIC!! Date: 04 Jan 2002 11:58:55 +0100 Is it basketball? (I only now the Timberwoolfs, I actually saw a game in Minneapolis some years ago) The german that is always wrong ;-) > -----Ursprungliche Nachricht----- > Von: Tom Worley [SMTP:stkguru@netside.net] > Gesendet am: Friday, January 04, 2002 5:43 AM > An: canslim@lists.xmission.com > Betreff: [CANSLIM] TOTALLY OFF TOPIC!! > > MIAMI HURRICANES ARE #1 - NATIONAL CHAMPIONS > > Miami 37 > Nebraska 14 > > Total domination, words are cheap, final score says it all > > Tom Worley > stkguru@netside.net > AIM: TexWorley > << Datei: ATT00009.htm >> - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: AW: [CANSLIM] Market Date: 04 Jan 2002 12:04:11 +0100 I would go out very fast, not only a failed breakout and a retrace to the base but on very high volumne. The latest I would sell if it falls below 19.50 ... I kicked out RYL last week and Side yesterday, since other industries seem to come up. > -----Ursprungliche Nachricht----- > Von: Dan Forant [SMTP:dforant1@nycap.rr.com] > Gesendet am: Friday, January 04, 2002 2:00 AM > An: canslim@lists.xmission.com > Betreff: Re: [CANSLIM] Market > > I'm still holding onto AAON. Took off well but looks like a collapse like > many BO's lately. > > DanF > ----- Original Message ----- > From: "Andreas Himmelreich" > To: > Sent: Thursday, January 03, 2002 5:39 AM > Subject: [CANSLIM] Market > > > > Very Strange Day Yesterday! > > > > Big Caps rally, smal caps lag and do not react at all. > > Almost all Industry Groups that did good the last weeks had a losing day > and the other way around. > > Leading stocks did not behaive like they did the last weeks, even some > failed BOs (AAON). > > > > Opinions? > > > > - > > -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. ------------------------------------------------------------------------------- From: "Tim Fisher" Subject: Re: Re: Re: [CANSLIM] where is Date: 04 Jan 2002 03:25:57 -0800 Yes. I also consider the action on my watch list, which were almost exclusively in the red, with many down 5% or more. Seems the selling ended yesterday early on, but all my holdings were down for the day, and many closed near their lows. This is not a healthy M for CANSLIMers IMHO. When my Munder NetNet (MoMo fund play) is up 4% on consecutive days, it's telling me something, namely that garbage is in and quality is out, for the short term. The only stocks that have my attention this week are DYII and NMTC, but I'm just watching, not biting yet. FYI I'm still in CACI FRED MIK MNTG SONC as far as pure CANSLIM plays and still in ADVP and CYTC for "buy the failed B/O" plays, which have not worked out for me at all (so far). At 05:42 PM 1/3/2002 -0500, you wrote: >RUT = Russell 2000? > >canslim@lists.xmission.com wrote: > > As I hold no DOW and very few NASDAQ stocks in my CANSLIM account, I > look at the RUT and NYSE average. They both churned on high vol with > little gain >to a loss - distribution in my book. > >At 03:54 PM 1/3/2002 -0500, you wrote: > >Am I still missing something or are you being sarcastic? > > > >I saw the DOW and NASD gain on higher volume yesterday, > >which I'd call an accumulation day. > > > > Rolf > > > > > >canslim@lists.xmission.com wrote: > > > Or tightening up our stops after that distribution day yesterday. I > > actually anticipated it once the pros returned and jacked mine up till it > >hurt on Monday. Glad I did - locked in profits on ALLY and got out of AJG > >even this AM. I didn't even generate a watch list this week since I figured > >breakouts would be very prone to failure - looks like they are. > > > > > >At 12:56 PM 1/3/2002 -0600, you wrote: > > >We're recovering from New Year's celebrations! Either that or busily > > >working on 2001 review and setting 2002 goals and objectives > > > > > >Katherine > > >----- Original Message ----- > > >From: BIKEAR@aol.com > > >To: canslim@lists.xmission.com > > >Sent: Thursday, January 03, 2002 11:39 AM > > >Subject: Re: [CANSLIM] where is > > > > > >where is everyone? > > > > > >- > > >-To subscribe/unsubscribe, email > > >"majordomo@xmission.com" > > >-In the email body, write "subscribe canslim" or > > >-"unsubscribe canslim". Do not use quotes in your email. > > > >Tim Fisher > >Ore-ROCK-On Rockhounding Web Site > >Pacific Fishery Biologists Information > >mailto:tim@OreRockOn.com > >WWW http://OreRockOn.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. > >Tim Fisher >Ore-ROCK-On Rockhounding Web Site >Pacific Fishery Biologists Information >mailto:tim@OreRockOn.com >WWW http://OreRockOn.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. Tim Fisher Ore-ROCK-On Rockhounding Web Site Pacific Fishery Biologists Information mailto:tim@OreRockOn.com WWW http://OreRockOn.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. ------------------------------------------------------------------------------- From: "Cefaloni, John L Jr. [AMSTA-AR-WEA]" Subject: RE: [CANSLIM] TOTALLY OFF TOPIC!! Date: 04 Jan 2002 06:29:13 -0500 But now that we have Coach Schiano, all future glory will be OURS!!!! uh ... at least that's the idea. Of course past performance doesn't predict future results. A Rutgers Alum -----Original Message----- Sent: 1/3/02 11:42 PM MIAMI HURRICANES ARE #1 - NATIONAL CHAMPIONS Miami 37 Nebraska 14 Total domination, words are cheap, final score says it all Tom Worley stkguru@netside.net AIM: TexWorley - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tim Fisher" Subject: Re: Re: Re: [CANSLIM] where is Date: 04 Jan 2002 03:37:26 -0800 Was too quick with the send button, I meant to give a short list I am watching today since I can't sleep (again). For once I am in the top rated stock in my HGS scan for a few weeks running now (ranked by ERG). I meant to add MMSI to my short list from the previous post also. P.S. Earl when you posted that sell on UTSI to ClearStation I was really tempted....to BUY! MIK AZO MNTG RYL BZH CACI PECS CTX KKD DFXI SLOT DNCR ORLY AZR FRED PER RYAN PBY AGY DIAN ALLY DYII RGIS ASCA MMSI NDN ACTN CPRT FCN ROOM AMHC POSS UTSI TRR ECTX FHRX IDPH RIT SRCL ASIA CHS ELBO DKWD GB AMMD BPRX MCAF TOO INGR MRX LE GG NCEN At 05:42 PM 1/3/2002 -0500, you wrote: >RUT = Russell 2000? > >canslim@lists.xmission.com wrote: > > As I hold no DOW and very few NASDAQ stocks in my CANSLIM account, I > look at the RUT and NYSE average. They both churned on high vol with > little gain >to a loss - distribution in my book. > >At 03:54 PM 1/3/2002 -0500, you wrote: > >Am I still missing something or are you being sarcastic? > > > >I saw the DOW and NASD gain on higher volume yesterday, > >which I'd call an accumulation day. > > > > Rolf > > > > > >canslim@lists.xmission.com wrote: > > > Or tightening up our stops after that distribution day yesterday. I > > actually anticipated it once the pros returned and jacked mine up till it > >hurt on Monday. Glad I did - locked in profits on ALLY and got out of AJG > >even this AM. I didn't even generate a watch list this week since I figured > >breakouts would be very prone to failure - looks like they are. > > > > > >At 12:56 PM 1/3/2002 -0600, you wrote: > > >We're recovering from New Year's celebrations! Either that or busily > > >working on 2001 review and setting 2002 goals and objectives > > > > > >Katherine > > >----- Original Message ----- > > >From: BIKEAR@aol.com > > >To: canslim@lists.xmission.com > > >Sent: Thursday, January 03, 2002 11:39 AM > > >Subject: Re: [CANSLIM] where is > > > > > >where is everyone? > > > > > >- > > >-To subscribe/unsubscribe, email > > >"majordomo@xmission.com" > > >-In the email body, write "subscribe canslim" or > > >-"unsubscribe canslim". Do not use quotes in your email. > > > >Tim Fisher > >Ore-ROCK-On Rockhounding Web Site > >Pacific Fishery Biologists Information > >mailto:tim@OreRockOn.com > >WWW http://OreRockOn.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. > >Tim Fisher >Ore-ROCK-On Rockhounding Web Site >Pacific Fishery Biologists Information >mailto:tim@OreRockOn.com >WWW http://OreRockOn.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. Tim Fisher Ore-ROCK-On Rockhounding Web Site Pacific Fishery Biologists Information mailto:tim@OreRockOn.com WWW http://OreRockOn.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. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] TOTALLY OFF TOPIC!! Date: 04 Jan 2002 06:43:46 -0500 Sorry, Andreas, my post didn't translate well (much like when we use too many investing acronyms). It is college football (American football, not soccer). Hurricanes are Miami (Florida) my home town. Nebraska is University of Nebraska, a team that only a computer thought should be ranked #2 and in the championship Rose Bowl game. But it also was a match up I had been waiting years to see happen. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message ----- Sent: Friday, January 04, 2002 5:58 AM > Is it basketball? (I only now the Timberwoolfs, I actually saw a game in Minneapolis some years ago) > The german that is always wrong ;-) > > > -----Ursprungliche Nachricht----- > > Von: Tom Worley [SMTP:stkguru@netside.net] > > Gesendet am: Friday, January 04, 2002 5:43 AM > > An: canslim@lists.xmission.com > > Betreff: [CANSLIM] TOTALLY OFF TOPIC!! > > > > MIAMI HURRICANES ARE #1 - NATIONAL CHAMPIONS > > > > Miami 37 > > Nebraska 14 > > > > Total domination, words are cheap, final score says it all > > > > Tom Worley > > stkguru@netside.net > > AIM: TexWorley > > << Datei: ATT00009.htm >> > > - > -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. ------------------------------------------------------------------------------- From: "Tim Fisher" Subject: Re: Re: Re: [CANSLIM] where is Date: 04 Jan 2002 03:49:23 -0800 P.P.S. Tom you should be proud of retiring that dino PC - I broke down and bought 256 megs of RAM last night at Costco for $36 (had 64 megs in my homebuilt Athlon 550) and WOW it is like a different computer this morning. No more HD churning for pagefile swapping and the apps start lightning fast. So this is how a decent PC should act! P.P.P.S. I am seriously considering opening a Keough for my brand new S Corp - looks like the most flexibility and I can dump the maximum amount of excess profits in there (something like $24k a year) assuming there are any. I got the distribution from my former employers' 401k transferred directly to my IRA - with luck it will happen before I die. Thanks for the input guys and gals. Tim Fisher Ore-ROCK-On Rockhounding Web Site Pacific Fishery Biologists Information mailto:tim@OreRockOn.com WWW http://OreRockOn.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. ------------------------------------------------------------------------------- From: Chris Dempsey Subject: RE: [CANSLIM] Club Date: 04 Jan 2002 06:37:17 -0600 This is a multi-part message in MIME format. --Boundary_(ID_AaNtgz8eyapVeTdXXdqpkg) Content-type: text/plain; charset=us-ascii Content-transfer-encoding: 7BIT Please tell us about your club. -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of RWElmer@aol.com Sent: Friday, January 04, 2002 1:12 AM To: canslim@lists.xmission.com Subject: Re: AW: [CANSLIM] FIC Andreas, Thanks for your observations regarding stops on FIC. Our Club actually does use mental stops of 10% but does not sell based on interday activity. If a stock closes more than 10% down, we sell the next day. The problem was the price action took the stock way beneath that stop today. We'll be selling in the morning. I'm sure that this will spark the thought of using physical stops as opposed to mental ones. I have tested it many times both ways and find decisions based on closing prices suits our Club's style better. I've also noticed that interday volitility has taken me out on physical stops, during my backtests, more often then using the 10% closing rule has. I would say that both methods are perfectly vaild as long as they are adhered to. I fully agree that it takes the emotions out of the decision. The emotions in the losses are still there, however. In any event, thanks for the thoughts as I'll consider other points of view anytime! Robert W. Elmer Coldwell Banker First Shasta 2837 Bechelli Ln. Redding, CA 96002 RWElmer@aol.com 221-9556 or 1-800-348-7939 ext.156 www.robertelmer.com --Boundary_(ID_AaNtgz8eyapVeTdXXdqpkg) Content-type: text/html; charset=us-ascii Content-transfer-encoding: 7BIT
Please tell us about your club.
-----Original Message-----
From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of RWElmer@aol.com
Sent: Friday, January 04, 2002 1:12 AM
To: canslim@lists.xmission.com
Subject: Re: AW: [CANSLIM] FIC

Andreas,

Thanks for your observations regarding stops on FIC. Our Club actually does use mental stops of 10% but does not sell based on interday activity. If a stock closes more than 10% down, we sell the next day. The problem was the price action took the stock way beneath that stop today. We'll be selling in the morning. I'm sure that this will spark the thought of using physical stops as opposed to mental ones. I have tested it many times both ways and find decisions based on closing prices suits our Club's style better. I've also noticed that interday volitility has taken me out on physical stops, during my backtests, more often then using the 10% closing rule has. I would say that both methods are perfectly vaild as long as they are adhered to. I fully agree that it takes the emotions out of the decision. The emotions in the losses are still there, however.

In any event, thanks for the thoughts as I'll consider other points of view anytime!

Robert W. Elmer
Coldwell Banker First Shasta
2837 Bechelli Ln.
Redding, CA 96002
RWElmer@aol.com
221-9556 or 1-800-348-7939 ext.156
www.robertelmer.com
--Boundary_(ID_AaNtgz8eyapVeTdXXdqpkg)-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: esetser Subject: Re: Re: Re: [CANSLIM] where is Date: 04 Jan 2002 07:04:11 -0800 Well, my record of selling at or near the top isn't good. I have also seen profits go away and turn into no gains or small losses quite a few times, so I'm trying to be somewhat cautious. For UTSI, I watched a 24% gain in a just a few days shrink to 1%. I was spanking myself for not invoking at least my 1/2 gain rule (stop set at 50% of the maximum gain to date for stocks that have moved up 20% or more). As the stock moved back up, I jumped when I had a second chance to implement the rule, and was taken out on a dip just before the latest day or two "tech rally". However, I am out with a 12% gain, and that is one of my better positions in some time, so I'll take it!! At 03:37 AM 1/4/02 -0800, you wrote: >Was too quick with the send button, I meant to give a short list I am >watching today since I can't sleep (again). For once I am in the top rated >stock in my HGS scan for a few weeks running now (ranked by ERG). I meant >to add MMSI to my short list from the previous post also. > >P.S. Earl when you posted that sell on UTSI to ClearStation I was really >tempted....to BUY! > - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: AAON (was Re: [CANSLIM] Market) Date: 04 Jan 2002 09:06:38 -0500 My concern would be that Thursday's decline takes it to the bottom, or below, of the support base. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message ----- Sent: Thursday, January 03, 2002 7:59 PM > I'm still holding onto AAON. Took off well but looks like a collapse like > many BO's lately. > > DanF > ----- Original Message ----- > From: "Andreas Himmelreich" > To: > Sent: Thursday, January 03, 2002 5:39 AM > Subject: [CANSLIM] Market > > > > Very Strange Day Yesterday! > > > > Big Caps rally, smal caps lag and do not react at all. > > Almost all Industry Groups that did good the last weeks had a losing day > and the other way around. > > Leading stocks did not behaive like they did the last weeks, even some > failed BOs (AAON). > > > > Opinions? > > > > - > > -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. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] UTSI Date: 04 Jan 2002 09:08:39 -0500 Dan, Right now looks to me like a continued consolidation of the gains made starting 11/30. Volume yesterday was only slightly better than average, and all markets were strong and favorable to recoveries, so I wouldn't read much into it. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message ----- Sent: Thursday, January 03, 2002 8:01 PM > Does this become a base on a base?? > > DanF > ----- Original Message ----- > From: "Andreas Himmelreich" > To: > Sent: Thursday, January 03, 2002 6:45 AM > Subject: [CANSLIM] UTSI > > > > UTSI seems interesting again. > > In the weekly chart it looks like it build another handle (but I am not > sure). > > > > Industry Group made a good move yesterday. > > EPS 99 > > SMR A > > ACC DISS A > > Time A > > Sponsorship rating C > > > > ROI 15% > > Dept 2% > > > > MGM Ownership 63% (!) > > PE 45 > > > > > > > > > > > > > > - > > -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. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] Market Date: 04 Jan 2002 09:10:08 -0500 Andreas, Curious why you kicked out RYL and SIDE, since both appear to be winners and worth holding, IMO. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message ----- Sent: Friday, January 04, 2002 6:04 AM > I would go out very fast, not only a failed breakout and a retrace to the base but on > very high volumne. The latest I would sell if it falls below 19.50 ... > > I kicked out RYL last week and Side yesterday, since other industries > seem to come up. > > > -----Ursprungliche Nachricht----- > > Von: Dan Forant [SMTP:dforant1@nycap.rr.com] > > Gesendet am: Friday, January 04, 2002 2:00 AM > > An: canslim@lists.xmission.com > > Betreff: Re: [CANSLIM] Market > > > > I'm still holding onto AAON. Took off well but looks like a collapse like > > many BO's lately. > > > > DanF > > ----- Original Message ----- > > From: "Andreas Himmelreich" > > To: > > Sent: Thursday, January 03, 2002 5:39 AM > > Subject: [CANSLIM] Market > > > > > > > Very Strange Day Yesterday! > > > > > > Big Caps rally, smal caps lag and do not react at all. > > > Almost all Industry Groups that did good the last weeks had a losing day > > and the other way around. > > > Leading stocks did not behaive like they did the last weeks, even some > > failed BOs (AAON). > > > > > > Opinions? > > > > > > - > > > -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. > > - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Dave" Subject: RE: [CANSLIM] UTSI Date: 04 Jan 2002 09:45:43 -0500 You can read a bit more into today's gap up to new 52-wk highs :) Talk about panic buying on the Nasdaq... > -----Original Message----- > From: owner-canslim@lists.xmission.com > [mailto:owner-canslim@lists.xmission.com]On Behalf Of Tom Worley > Sent: Friday, January 04, 2002 9:09 AM > To: canslim@lists.xmission.com > Subject: Re: [CANSLIM] UTSI > > > Dan, > > Right now looks to me like a continued consolidation of the gains made > starting 11/30. Volume yesterday was only slightly better than > average, and > all markets were strong and favorable to recoveries, so I > wouldn't read much > into it. > > Tom Worley > stkguru@netside.net > AIM: TexWorley > ----- Original Message ----- > From: "Dan Forant" > To: > Sent: Thursday, January 03, 2002 8:01 PM > Subject: Re: [CANSLIM] UTSI > > > > Does this become a base on a base?? > > > > DanF > > ----- Original Message ----- > > From: "Andreas Himmelreich" > > To: > > Sent: Thursday, January 03, 2002 6:45 AM > > Subject: [CANSLIM] UTSI > > > > > > > UTSI seems interesting again. > > > In the weekly chart it looks like it build another handle > (but I am not > > sure). > > > > > > Industry Group made a good move yesterday. > > > EPS 99 > > > SMR A > > > ACC DISS A > > > Time A > > > Sponsorship rating C > > > > > > ROI 15% > > > Dept 2% > > > > > > MGM Ownership 63% (!) > > > PE 45 > > > > > > > > > > > > > > > > > > > > > - > > > -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. > - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] UTSI Date: 04 Jan 2002 08:55:11 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_0335_01C194FD.84D9FD80 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Interesting observation, Dave. Noticed a similar pop/gap open in PECS = that is also retracing right now... You think it's "panic" or just a lot of orders placed last evening for = market open? Katherine ----- Original Message -----=20 From: Dave=20 To: canslim@lists.xmission.com=20 Sent: Friday, January 04, 2002 8:45 AM Subject: RE: [CANSLIM] UTSI You can read a bit more into today's gap up to new 52-wk highs :) Talk about panic buying on the Nasdaq...=20 > -----Original Message----- > From: owner-canslim@lists.xmission.com > [mailto:owner-canslim@lists.xmission.com]On Behalf Of Tom Worley > Sent: Friday, January 04, 2002 9:09 AM > To: canslim@lists.xmission.com > Subject: Re: [CANSLIM] UTSI >=20 >=20 > Dan, >=20 > Right now looks to me like a continued consolidation of the gains = made > starting 11/30. Volume yesterday was only slightly better than=20 > average, and > all markets were strong and favorable to recoveries, so I=20 > wouldn't read much > into it. >=20 > Tom Worley > stkguru@netside.net > AIM: TexWorley > ----- Original Message ----- > From: "Dan Forant" > To: > Sent: Thursday, January 03, 2002 8:01 PM > Subject: Re: [CANSLIM] UTSI >=20 >=20 > > Does this become a base on a base?? > > > > DanF > > ----- Original Message ----- > > From: "Andreas Himmelreich" > > To: > > Sent: Thursday, January 03, 2002 6:45 AM > > Subject: [CANSLIM] UTSI > > > > > > > UTSI seems interesting again. > > > In the weekly chart it looks like it build another handle=20 > (but I am not > > sure). > > > > > > Industry Group made a good move yesterday. > > > EPS 99 > > > SMR A > > > ACC DISS A > > > Time A > > > Sponsorship rating C > > > > > > ROI 15% > > > Dept 2% > > > > > > MGM Ownership 63% (!) > > > PE 45 > > > > > > > > > > > > > > > > > > > > > - > > > -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. > > > > >=20 >=20 >=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. >=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. ------=_NextPart_000_0335_01C194FD.84D9FD80 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Interesting observation, Dave. Noticed a similar pop/gap open in = PECS that=20 is also retracing right now...
 
You think it's "panic" or just a lot of orders placed last evening = for=20 market open?
 
Katherine
----- Original Message -----
From:=20 Dave
Sent: Friday, January 04, 2002 = 8:45=20 AM
Subject: RE: [CANSLIM] = UTSI

You can read a bit more into today's gap up to new = 52-wk highs=20 :)

Talk about panic buying on the Nasdaq... =



>=20 -----Original Message-----
> From: owner-canslim@lists.xmis= sion.com
>=20 [mailto:owner-canslim@lists.xmission.com]On Behalf Of Tom = Worley
> Sent:=20 Friday, January 04, 2002 9:09 AM
> To: canslim@lists.xmission.com=
>=20 Subject: Re: [CANSLIM] UTSI
>
>
> Dan,
> =
>=20 Right now looks to me like a continued consolidation of the gains = made
>=20 starting 11/30. Volume yesterday was only slightly better than =
>=20 average, and
> all markets were strong and favorable to = recoveries, so I=20
> wouldn't read much
> into it.
>
> Tom=20 Worley
> stkguru@netside.net
> = AIM:=20 TexWorley
> ----- Original Message -----
> From: "Dan = Forant"=20 <dforant1@nycap.rr.com>
&g= t; To:=20 <canslim@lists.xmission.com= >
>=20 Sent: Thursday, January 03, 2002 8:01 PM
> Subject: Re: = [CANSLIM]=20 UTSI
>
>
> > Does this become a base on a=20 base??
> >
> > DanF
> > ----- Original = Message=20 -----
> > From: "Andreas Himmelreich" <judgejimmy@web.de>
> = > To:=20 <canslim@lists.xmission.com= >
>=20 > Sent: Thursday, January 03, 2002 6:45 AM
> > Subject: = [CANSLIM]=20 UTSI
> >
> >
> > > UTSI seems = interesting=20 again.
> > > In the weekly chart it looks like it build = another=20 handle
> (but I am not
> > sure).
> > = >
>=20 > > Industry Group made a good move yesterday.
> > > = EPS=20 99
> > > SMR A
> > > ACC DISS A
> > = > Time=20 A
> > > Sponsorship rating C
> > >
> = > >=20 ROI 15%
> > > Dept 2%
> > >
> > > = MGM=20 Ownership 63% (!)
> > > PE 45
> > >
> = >=20 >
> > >
> > >
> > >
> = >=20 >
> > > -
> > > -To subscribe/unsubscribe, = email=20 "majordomo@xmission.com"
>= ;=20 > > -In the email body, write "subscribe canslim" or
> = > >=20 -"unsubscribe canslim".  Do not use quotes in your email.
> = >=20 >
> >
> >
> > -
> > -To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
>= ; >=20 -In the email body, write "subscribe canslim" or
> > = -"unsubscribe=20 canslim".  Do not use quotes in your email.
> >
>=20 >
>
>
>
> -
> -To = subscribe/unsubscribe,=20 email "majordomo@xmission.com"
>= ; -In=20 the email body, write "subscribe canslim" or
> -"unsubscribe=20 canslim".  Do not use quotes in your email.
> =

-
-To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your email. ------=_NextPart_000_0335_01C194FD.84D9FD80-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Dave" Subject: RE: [CANSLIM] UTSI Date: 04 Jan 2002 10:14:46 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_00E5_01C19508.A2CC4EA0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: 7bit Not necessarily panic buying in UTSI, which I think is continuing its legitimate breakout. But it seems to me that yesterday and today's action indicates that people are jumping into tech stocks, afraid to miss the certain move that so many have predicted. Markets have never been down 3 years in a row. Market will surely go higher in 2002. People can't afford to miss a huge market spurt this year so they're pouring money in now. Whether it leads to a sustained rally, who knows... -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Katherine Malm Sent: Friday, January 04, 2002 9:55 AM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] UTSI Interesting observation, Dave. Noticed a similar pop/gap open in PECS that is also retracing right now... You think it's "panic" or just a lot of orders placed last evening for market open? Katherine ----- Original Message ----- From: Dave To: canslim@lists.xmission.com Sent: Friday, January 04, 2002 8:45 AM Subject: RE: [CANSLIM] UTSI You can read a bit more into today's gap up to new 52-wk highs :) Talk about panic buying on the Nasdaq... > -----Original Message----- > From: owner-canslim@lists.xmission.com > [mailto:owner-canslim@lists.xmission.com]On Behalf Of Tom Worley > Sent: Friday, January 04, 2002 9:09 AM > To: canslim@lists.xmission.com > Subject: Re: [CANSLIM] UTSI > > > Dan, > > Right now looks to me like a continued consolidation of the gains made > starting 11/30. Volume yesterday was only slightly better than > average, and > all markets were strong and favorable to recoveries, so I > wouldn't read much > into it. > > Tom Worley > stkguru@netside.net > AIM: TexWorley > ----- Original Message ----- > From: "Dan Forant" > To: > Sent: Thursday, January 03, 2002 8:01 PM > Subject: Re: [CANSLIM] UTSI > > > > Does this become a base on a base?? > > > > DanF > > ----- Original Message ----- > > From: "Andreas Himmelreich" > > To: > > Sent: Thursday, January 03, 2002 6:45 AM > > Subject: [CANSLIM] UTSI > > > > > > > UTSI seems interesting again. > > > In the weekly chart it looks like it build another handle > (but I am not > > sure). > > > > > > Industry Group made a good move yesterday. > > > EPS 99 > > > SMR A > > > ACC DISS A > > > Time A > > > Sponsorship rating C > > > > > > ROI 15% > > > Dept 2% > > > > > > MGM Ownership 63% (!) > > > PE 45 > > > > > > > > > > > > > > > > > > > > > - > > > -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. > - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------=_NextPart_000_00E5_01C19508.A2CC4EA0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Not necessarily panic buying in UTSI, which I = think is=20 continuing its legitimate breakout. But it seems to me that yesterday = and=20 today's action indicates that people are jumping into tech stocks, = afraid to=20 miss the certain move that so many have predicted. Markets have never = been down=20 3 years in a row. Market will surely go higher in 2002. People can't = afford to=20 miss a huge market spurt this year so they're pouring money in now. = Whether it=20 leads to a sustained rally, who knows...
-----Original Message-----
From:=20 owner-canslim@lists.xmission.com=20 [mailto:owner-canslim@lists.xmission.com]On Behalf Of Katherine = Malm
Sent: Friday, January 04, 2002 9:55 AM
To:=20 canslim@lists.xmission.com
Subject: Re: [CANSLIM]=20 UTSI

Interesting observation, Dave. Noticed a similar pop/gap open in = PECS=20 that is also retracing right now...
 
You think it's "panic" or just a lot of orders placed last = evening for=20 market open?
 
Katherine
----- Original Message -----
From:=20 Dave
To: canslim@lists.xmission.com =
Sent: Friday, January 04, = 2002 8:45=20 AM
Subject: RE: [CANSLIM] = UTSI

You can read a bit more into today's gap up to new = 52-wk=20 highs :)

Talk about panic buying on the Nasdaq...=20



> -----Original Message-----
> From: owner-canslim@lists.xmis= sion.com
>=20 [mailto:owner-canslim@lists.xmission.com]On Behalf Of Tom = Worley
>=20 Sent: Friday, January 04, 2002 9:09 AM
> To: canslim@lists.xmission.com=
>=20 Subject: Re: [CANSLIM] UTSI
>
>
> Dan,
> =
>=20 Right now looks to me like a continued consolidation of the gains=20 made
> starting 11/30. Volume yesterday was only slightly = better than=20
> average, and
> all markets were strong and favorable = to=20 recoveries, so I
> wouldn't read much
> into = it.
>=20
> Tom Worley
> stkguru@netside.net
> = AIM:=20 TexWorley
> ----- Original Message -----
> From: "Dan = Forant"=20 <dforant1@nycap.rr.com>
&g= t;=20 To: <canslim@lists.xmission.com= >
>=20 Sent: Thursday, January 03, 2002 8:01 PM
> Subject: Re: = [CANSLIM]=20 UTSI
>
>
> > Does this become a base on a=20 base??
> >
> > DanF
> > ----- Original = Message=20 -----
> > From: "Andreas Himmelreich" <judgejimmy@web.de>
> = > To:=20 <canslim@lists.xmission.com= >
>=20 > Sent: Thursday, January 03, 2002 6:45 AM
> > Subject:=20 [CANSLIM] UTSI
> >
> >
> > > UTSI = seems=20 interesting again.
> > > In the weekly chart it looks = like it=20 build another handle
> (but I am not
> > = sure).
> >=20 >
> > > Industry Group made a good move = yesterday.
>=20 > > EPS 99
> > > SMR A
> > > ACC DISS=20 A
> > > Time A
> > > Sponsorship rating = C
>=20 > >
> > > ROI 15%
> > > Dept = 2%
> >=20 >
> > > MGM Ownership 63% (!)
> > > PE = 45
>=20 > >
> > >
> > >
> > = >
> >=20 >
> > >
> > > -
> > > -To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
>= ;=20 > > -In the email body, write "subscribe canslim" or
> = > >=20 -"unsubscribe canslim".  Do not use quotes in your = email.
> >=20 >
> >
> >
> > -
> > -To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
>= ;=20 > -In the email body, write "subscribe canslim" or
> >=20 -"unsubscribe canslim".  Do not use quotes in your = email.
>=20 >
> >
>
>
>
> -
> -To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
>= ; -In=20 the email body, write "subscribe canslim" or
> -"unsubscribe=20 canslim".  Do not use quotes in your email.
> =

-
-To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your = email. ------=_NextPart_000_00E5_01C19508.A2CC4EA0-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: AW: [CANSLIM] TOTALLY OFF TOPIC!! Date: 04 Jan 2002 16:28:12 +0100 All right then, I like american football a lot, look it on a special show here in Germany. I am Denver Bronco Fan, but not up to date lately ... (got some cousins in Denver ...) > -----Ursprungliche Nachricht----- > Von: Tom Worley [SMTP:stkguru@netside.net] > Gesendet am: Friday, January 04, 2002 12:44 PM > An: canslim@lists.xmission.com > Betreff: Re: [CANSLIM] TOTALLY OFF TOPIC!! > > Sorry, Andreas, my post didn't translate well (much like when we use too > many investing acronyms). It is college football (American football, not > soccer). Hurricanes are Miami (Florida) my home town. Nebraska is University > of Nebraska, a team that only a computer thought should be ranked #2 and in > the championship Rose Bowl game. But it also was a match up I had been > waiting years to see happen. > > Tom Worley > stkguru@netside.net > AIM: TexWorley > ----- Original Message ----- > From: "Andreas Himmelreich" > To: > Sent: Friday, January 04, 2002 5:58 AM > Subject: AW: [CANSLIM] TOTALLY OFF TOPIC!! > > > > Is it basketball? (I only now the Timberwoolfs, I actually saw a game in > Minneapolis some years ago) > > The german that is always wrong ;-) > > > > > -----Ursprungliche Nachricht----- > > > Von: Tom Worley [SMTP:stkguru@netside.net] > > > Gesendet am: Friday, January 04, 2002 5:43 AM > > > An: canslim@lists.xmission.com > > > Betreff: [CANSLIM] TOTALLY OFF TOPIC!! > > > > > > MIAMI HURRICANES ARE #1 - NATIONAL CHAMPIONS > > > > > > Miami 37 > > > Nebraska 14 > > > > > > Total domination, words are cheap, final score says it all > > > > > > Tom Worley > > > stkguru@netside.net > > > AIM: TexWorley > > > << Datei: ATT00009.htm >> > > > > - > > -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. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: AW: [CANSLIM] Market Date: 04 Jan 2002 16:43:06 +0100 Because from my point of view there are better waves (Industry Groups) to ride right now. I sticked to ROOM (in since 4 Weeks), chart looks good and the IG looks great. TELECOMMUNICATIONS-EQUIP COMPUTER SOFTWR-ENTERPSE INTERNET-E COMMERCE looked stronger to me then the BLDG-CONSTR PRODS/MISC and BLDG-RESIDENT/COMMRCL. I do not say that BLDG-CONSTR PRODS/MISC and BLDG-RESIDENT/COMMRCL will not run up more, but it seems that they are loosing RS (right now). Next week that might be different. Got into TTIL, UTSI (yesterday), DFXI, FDS, and GAIA this week. Besides GAIA all nicely profitable (so far). DFXI I am in since 29.50 (not a big gain here) and wait for the breakout (that hopefully comes). I was in GISX the day before yesterday (15.40 !!!!!!) and then was chickened out because of the 200% Dept. EVERYTHING ELSE WAS JUST PERFECT, DARRRRRRRRNNNN !!!! But hey, I choose this stock, so I must have made something right. The only thing is, that I should not put to much to the fundamentals (especially if only one criteria out of a lot looks not so good). I even had a very tight SL (at 14.50) and this one would have not touched. I did everything right besides the chicken thing. I will work on it .... See you Andreas > -----Ursprungliche Nachricht----- > Von: Tom Worley [SMTP:stkguru@netside.net] > Gesendet am: Friday, January 04, 2002 3:10 PM > An: canslim@lists.xmission.com > Betreff: Re: [CANSLIM] Market > > Andreas, > > Curious why you kicked out RYL and SIDE, since both appear to be winners and > worth holding, IMO. > > Tom Worley > stkguru@netside.net > AIM: TexWorley > ----- Original Message ----- > From: "Andreas Himmelreich" > To: > Sent: Friday, January 04, 2002 6:04 AM > Subject: AW: [CANSLIM] Market > > > > I would go out very fast, not only a failed breakout and a retrace to the > base but on > > very high volumne. The latest I would sell if it falls below 19.50 ... > > > > I kicked out RYL last week and Side yesterday, since other industries > > seem to come up. > > > > > -----Ursprungliche Nachricht----- > > > Von: Dan Forant [SMTP:dforant1@nycap.rr.com] > > > Gesendet am: Friday, January 04, 2002 2:00 AM > > > An: canslim@lists.xmission.com > > > Betreff: Re: [CANSLIM] Market > > > > > > I'm still holding onto AAON. Took off well but looks like a collapse > like > > > many BO's lately. > > > > > > DanF > > > ----- Original Message ----- > > > From: "Andreas Himmelreich" > > > To: > > > Sent: Thursday, January 03, 2002 5:39 AM > > > Subject: [CANSLIM] Market > > > > > > > > > > Very Strange Day Yesterday! > > > > > > > > Big Caps rally, smal caps lag and do not react at all. > > > > Almost all Industry Groups that did good the last weeks had a losing > day > > > and the other way around. > > > > Leading stocks did not behaive like they did the last weeks, even some > > > failed BOs (AAON). > > > > > > > > Opinions? > > > > > > > > - > > > > -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. > > > > > > > > - > -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. ------------------------------------------------------------------------------- From: "Dave" Subject: RE: [CANSLIM] Market Date: 04 Jan 2002 10:55:36 -0500 Funny, of all the stocks you mention, GISX is the only one that had a proper base. The others are either extended past their breakouts or still waiting to breakout. So by CANSLIM criteria you haven't done "everything right." Not that there's anything wrong with that :) > -----Original Message----- > From: owner-canslim@lists.xmission.com > [mailto:owner-canslim@lists.xmission.com]On Behalf Of Andreas > Himmelreich > Sent: Friday, January 04, 2002 10:43 AM > To: 'canslim@lists.xmission.com' > Subject: AW: [CANSLIM] Market > > > Because from my point of view there are better waves (Industry > Groups) to ride right now. > > I sticked to ROOM (in since 4 Weeks), chart looks good and the > IG looks great. > > TELECOMMUNICATIONS-EQUIP > COMPUTER SOFTWR-ENTERPSE > INTERNET-E COMMERCE > > looked stronger to me then the BLDG-CONSTR PRODS/MISC and > BLDG-RESIDENT/COMMRCL. > I do not say that BLDG-CONSTR PRODS/MISC and BLDG-RESIDENT/COMMRCL will > not run up more, but it seems that they are loosing RS (right > now). Next week that might be different. > > Got into TTIL, UTSI (yesterday), DFXI, FDS, and GAIA this week. > Besides GAIA all nicely profitable (so far). DFXI I am in since > 29.50 (not a big gain here) and wait for > the breakout (that hopefully comes). > > I was in GISX the day before yesterday (15.40 !!!!!!) and then > was chickened out because of the 200% Dept. > EVERYTHING ELSE WAS JUST PERFECT, DARRRRRRRRNNNN !!!! > But hey, I choose this stock, so I must have made something > right. The only thing is, > that I should not put to much to the fundamentals (especially > if only one criteria out of a lot looks not so good). > I even had a very tight SL (at 14.50) and this one would have > not touched. > I did everything right besides the chicken thing. I will work on it .... > > See you > > Andreas > > > > > -----Ursprungliche Nachricht----- > > Von: Tom Worley [SMTP:stkguru@netside.net] > > Gesendet am: Friday, January 04, 2002 3:10 PM > > An: canslim@lists.xmission.com > > Betreff: Re: [CANSLIM] Market > > > > Andreas, > > > > Curious why you kicked out RYL and SIDE, since both appear to > be winners and > > worth holding, IMO. > > > > Tom Worley > > stkguru@netside.net > > AIM: TexWorley > > ----- Original Message ----- > > From: "Andreas Himmelreich" > > To: > > Sent: Friday, January 04, 2002 6:04 AM > > Subject: AW: [CANSLIM] Market > > > > > > > I would go out very fast, not only a failed breakout and a > retrace to the > > base but on > > > very high volumne. The latest I would sell if it falls > below 19.50 ... > > > > > > I kicked out RYL last week and Side yesterday, since other > industries > > > seem to come up. > > > > > > > -----Ursprungliche Nachricht----- > > > > Von: Dan Forant [SMTP:dforant1@nycap.rr.com] > > > > Gesendet am: Friday, January 04, 2002 2:00 AM > > > > An: canslim@lists.xmission.com > > > > Betreff: Re: [CANSLIM] Market > > > > > > > > I'm still holding onto AAON. Took off well but looks like > a collapse > > like > > > > many BO's lately. > > > > > > > > DanF > > > > ----- Original Message ----- > > > > From: "Andreas Himmelreich" > > > > To: > > > > Sent: Thursday, January 03, 2002 5:39 AM > > > > Subject: [CANSLIM] Market > > > > > > > > > > > > > Very Strange Day Yesterday! > > > > > > > > > > Big Caps rally, smal caps lag and do not react at all. > > > > > Almost all Industry Groups that did good the last weeks > had a losing > > day > > > > and the other way around. > > > > > Leading stocks did not behaive like they did the last > weeks, even some > > > > failed BOs (AAON). > > > > > > > > > > Opinions? > > > > > > > > > > - > > > > > -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. > > > > > > > > > > > > > > - > > -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. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] Market Date: 04 Jan 2002 10:10:09 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_035C_01C19507.FD7CAA80 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Andreas, Good point you're making about the industry strength. I think this is = the very phenomenon that is causing stocks like SIDE and RYL to pause. = These are cyclical industries and when high growth stock candidates = begin to shine, money rotates out of the cyclicals that have completed = their runs and into the high growth movers. Doesn't mean the SIDE and = RYL and their brethren will not continue to be highly profitable = businesses, just means that at some point their cycle slows and the = EPS/Rev's begin to deteriorate. That's why they're cyclicals, boom and = bust, back and forth, up and down. Only way to make real money on these = guys is to buy them at the bottom of the bust cycle, sell them at the = top of the boom. No real innovation to spur accelerating growth rates as = their are with real growth stocks and industries. Katherine ----- Original Message -----=20 From: Andreas Himmelreich=20 To: 'canslim@lists.xmission.com'=20 Sent: Friday, January 04, 2002 9:43 AM Subject: AW: [CANSLIM] Market Because from my point of view there are better waves (Industry Groups) = to ride right now. I sticked to ROOM (in since 4 Weeks), chart looks good and the IG = looks great. TELECOMMUNICATIONS-EQUIP COMPUTER SOFTWR-ENTERPSE INTERNET-E COMMERCE looked stronger to me then the BLDG-CONSTR PRODS/MISC and = BLDG-RESIDENT/COMMRCL. I do not say that BLDG-CONSTR PRODS/MISC and BLDG-RESIDENT/COMMRCL = will not run up more, but it seems that they are loosing RS (right now). = Next week that might be different. Got into TTIL, UTSI (yesterday), DFXI, FDS, and GAIA this week. Besides GAIA all nicely profitable (so far). DFXI I am in since 29.50 = (not a big gain here) and wait for=20 the breakout (that hopefully comes). I was in GISX the day before yesterday (15.40 !!!!!!) and then was = chickened out because of the 200% Dept. EVERYTHING ELSE WAS JUST PERFECT, DARRRRRRRRNNNN !!!! But hey, I choose this stock, so I must have made something right. The = only thing is,=20 that I should not put to much to the fundamentals (especially if only = one criteria out of a lot looks not so good). I even had a very tight SL (at 14.50) and this one would have not = touched. I did everything right besides the chicken thing. I will work on it = .... See you Andreas > -----Ursprungliche Nachricht----- > Von: Tom Worley [SMTP:stkguru@netside.net] > Gesendet am: Friday, January 04, 2002 3:10 PM > An: canslim@lists.xmission.com > Betreff: Re: [CANSLIM] Market >=20 > Andreas, >=20 > Curious why you kicked out RYL and SIDE, since both appear to be = winners and > worth holding, IMO. >=20 > Tom Worley > stkguru@netside.net > AIM: TexWorley > ----- Original Message ----- > From: "Andreas Himmelreich" > To: > Sent: Friday, January 04, 2002 6:04 AM > Subject: AW: [CANSLIM] Market >=20 >=20 > > I would go out very fast, not only a failed breakout and a retrace = to the > base but on > > very high volumne. The latest I would sell if it falls below 19.50 = ... > > > > I kicked out RYL last week and Side yesterday, since other = industries > > seem to come up. > > > > > -----Ursprungliche Nachricht----- > > > Von: Dan Forant [SMTP:dforant1@nycap.rr.com] > > > Gesendet am: Friday, January 04, 2002 2:00 AM > > > An: canslim@lists.xmission.com > > > Betreff: Re: [CANSLIM] Market > > > > > > I'm still holding onto AAON. Took off well but looks like a = collapse > like > > > many BO's lately. > > > > > > DanF > > > ----- Original Message ----- > > > From: "Andreas Himmelreich" > > > To: > > > Sent: Thursday, January 03, 2002 5:39 AM > > > Subject: [CANSLIM] Market > > > > > > > > > > Very Strange Day Yesterday! > > > > > > > > Big Caps rally, smal caps lag and do not react at all. > > > > Almost all Industry Groups that did good the last weeks had a = losing > day > > > and the other way around. > > > > Leading stocks did not behaive like they did the last weeks, = even some > > > failed BOs (AAON). > > > > > > > > Opinions? > > > > > > > > - > > > > -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. > > > > >=20 >=20 >=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. ------=_NextPart_000_035C_01C19507.FD7CAA80 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Andreas,
 
Good point you're making about the industry strength. I think this = is the=20 very phenomenon that is causing stocks like SIDE and RYL to pause. These = are=20 cyclical industries and when high growth stock candidates begin to = shine, money=20 rotates out of the cyclicals that have completed their runs and into the = high=20 growth movers. Doesn't mean the SIDE and RYL and their brethren will not = continue to be highly profitable businesses, just means that at some = point their=20 cycle slows and the EPS/Rev's begin to deteriorate. That's why they're=20 cyclicals, boom and bust, back and forth, up and down. Only way to make = real=20 money on these guys is to buy them at the bottom of the bust cycle, sell = them at=20 the top of the boom. No real innovation to spur accelerating growth = rates as=20 their are with real growth stocks and industries.
 
Katherine
----- Original Message -----
From:=20 Andreas = Himmelreich
Sent: Friday, January 04, 2002 = 9:43=20 AM
Subject: AW: [CANSLIM] = Market

Because from my point of view there are better waves = (Industry=20 Groups) to ride right now.

I sticked to ROOM (in since 4 = Weeks), chart=20 looks good and the IG looks = great.

TELECOMMUNICATIONS-EQUIP
COMPUTER=20 SOFTWR-ENTERPSE
INTERNET-E COMMERCE

looked stronger to me = then the=20 BLDG-CONSTR PRODS/MISC and BLDG-RESIDENT/COMMRCL.
I do not say = that =20 BLDG-CONSTR PRODS/MISC and BLDG-RESIDENT/COMMRCL will
not run up = more, but=20 it seems that they are loosing RS (right now). Next week that might be = different.

Got into TTIL, UTSI (yesterday), DFXI, FDS, and GAIA = this=20 week.
Besides GAIA all nicely profitable (so far). DFXI I am in = since 29.50=20 (not a big gain here) and wait for
the breakout (that hopefully=20 comes).

I was in GISX the day before yesterday (15.40 !!!!!!) = and then=20 was chickened out because of the 200% Dept.
EVERYTHING ELSE WAS = JUST=20 PERFECT, DARRRRRRRRNNNN !!!!
But hey, I choose this stock, so I = must have=20 made something right. The only thing is,
that I should not put to = much to=20 the fundamentals (especially if only one criteria out of a lot looks = not so=20 good).
I even had a very tight SL (at 14.50) and this one would = have not=20 touched.
I did everything right besides the chicken thing. I will = work on=20 it ....

See you

Andreas



> = -----Ursprungliche=20 Nachricht-----
> Von: Tom Worley = [SMTP:stkguru@netside.net]
>=20 Gesendet am: Friday, January 04, 2002 3:10 PM
> An: canslim@lists.xmission.com=
>=20 Betreff: Re: [CANSLIM] Market
>
> Andreas,
> =
>=20 Curious why you kicked out RYL and SIDE, since both appear to be = winners=20 and
> worth holding, IMO.
>
> Tom Worley
> stkguru@netside.net
> = AIM:=20 TexWorley
> ----- Original Message -----
> From: "Andreas=20 Himmelreich" <judgejimmy@web.de>
> = = href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com= >
>=20 Sent: Friday, January 04, 2002 6:04 AM
> Subject: AW: [CANSLIM]=20 Market
>
>
> > I would go out very fast, not = only a=20 failed breakout and a retrace to the
> base but on
> > = very=20 high volumne. The latest I would sell if it falls below 19.50 = ...
>=20 >
> > I kicked out RYL last week and Side yesterday, since = other=20 industries
> > seem to come up.
> >
> > = >=20 -----Ursprungliche Nachricht-----
> > > Von: Dan Forant=20 [SMTP:dforant1@nycap.rr.com]
> > > Gesendet am: Friday, = January=20 04, 2002 2:00 AM
> > > An: canslim@lists.xmission.com=
>=20 > > Betreff: Re: [CANSLIM] Market
> > >
> > = >=20 I'm still holding onto AAON. Took off well but looks like a = collapse
>=20 like
> > > many BO's lately.
> > >
> = > >=20 DanF
> > > ----- Original Message -----
> > > = "Andreas Himmelreich" <judgejimmy@web.de>
> = > >=20 To: <canslim@lists.xmission.com= >
>=20 > > Sent: Thursday, January 03, 2002 5:39 AM
> > > = [CANSLIM] Market
> > >
> > >
> > > = >=20 Very Strange Day Yesterday!
> > > >
> > > = > Big=20 Caps rally, smal caps lag and do not react at all.
> > > = >=20 Almost all Industry Groups that did good the last weeks had a = losing
>=20 day
> > > and the other way around.
> > > > = Leading=20 stocks did not behaive like they did the last weeks, even some
> = >=20 > failed BOs (AAON).
> > > >
> > > >=20 Opinions?
> > > >
> > > > -
> > = >=20 > -To subscribe/unsubscribe, email "majordomo@xmission.com"
>= ; >=20 > > -In the email body, write "subscribe canslim" or
> = > >=20 > -"unsubscribe canslim".  Do not use quotes in your = email.
>=20 > > >
> > >
> > >
> > > = -
>=20 > > -To subscribe/unsubscribe, email "majordomo@xmission.com"
>= ; >=20 > -In the email body, write "subscribe canslim" or
> > = >=20 -"unsubscribe canslim".  Do not use quotes in your email.
> = >
> > -
> > -To subscribe/unsubscribe, email "majordomo@xmission.com"
>= ; >=20 -In the email body, write "subscribe canslim" or
> > = -"unsubscribe=20 canslim".  Do not use quotes in your email.
> >
>=20 >
>
>
>
> -
> -To = subscribe/unsubscribe,=20 email "majordomo@xmission.com"
>= ; -In=20 the email body, write "subscribe canslim" or
> -"unsubscribe=20 canslim".  Do not use quotes in your email.

-
-To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your email. ------=_NextPart_000_035C_01C19507.FD7CAA80-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: AW: [CANSLIM] TOTALLY OFF TOPIC!! Date: 04 Jan 2002 17:28:28 +0100 They just bring it on German TV right now, 34 : 6 for Miami right now, I enjoy it ... > -----Ursprungliche Nachricht----- > Von: Andreas Himmelreich [SMTP:judgejimmy@web.de] > Gesendet am: Friday, January 04, 2002 4:28 PM > An: 'canslim@lists.xmission.com' > Betreff: AW: [CANSLIM] TOTALLY OFF TOPIC!! > > All right then, I like american football a lot, look it on > a special show here in Germany. I am Denver Bronco Fan, but not > up to date lately ... (got some cousins in Denver ...) > > > > -----Ursprungliche Nachricht----- > > Von: Tom Worley [SMTP:stkguru@netside.net] > > Gesendet am: Friday, January 04, 2002 12:44 PM > > An: canslim@lists.xmission.com > > Betreff: Re: [CANSLIM] TOTALLY OFF TOPIC!! > > > > Sorry, Andreas, my post didn't translate well (much like when we use too > > many investing acronyms). It is college football (American football, not > > soccer). Hurricanes are Miami (Florida) my home town. Nebraska is University > > of Nebraska, a team that only a computer thought should be ranked #2 and in > > the championship Rose Bowl game. But it also was a match up I had been > > waiting years to see happen. > > > > Tom Worley > > stkguru@netside.net > > AIM: TexWorley > > ----- Original Message ----- > > From: "Andreas Himmelreich" > > To: > > Sent: Friday, January 04, 2002 5:58 AM > > Subject: AW: [CANSLIM] TOTALLY OFF TOPIC!! > > > > > > > Is it basketball? (I only now the Timberwoolfs, I actually saw a game in > > Minneapolis some years ago) > > > The german that is always wrong ;-) > > > > > > > -----Ursprungliche Nachricht----- > > > > Von: Tom Worley [SMTP:stkguru@netside.net] > > > > Gesendet am: Friday, January 04, 2002 5:43 AM > > > > An: canslim@lists.xmission.com > > > > Betreff: [CANSLIM] TOTALLY OFF TOPIC!! > > > > > > > > MIAMI HURRICANES ARE #1 - NATIONAL CHAMPIONS > > > > > > > > Miami 37 > > > > Nebraska 14 > > > > > > > > Total domination, words are cheap, final score says it all > > > > > > > > Tom Worley > > > > stkguru@netside.net > > > > AIM: TexWorley > > > > << Datei: ATT00009.htm >> > > > > > > - > > > -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. - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: AW: [CANSLIM] Market Date: 04 Jan 2002 17:29:39 +0100 with everything right I meant GISX ;-) > -----Ursprungliche Nachricht----- > Von: Dave [SMTP:drubin@i-2000.com] > Gesendet am: Friday, January 04, 2002 4:56 PM > An: canslim@lists.xmission.com > Betreff: RE: [CANSLIM] Market > > Funny, of all the stocks you mention, GISX is the only one that had a > proper base. The others are either extended past their breakouts or still > waiting to breakout. So by CANSLIM criteria you haven't done "everything > right." Not that there's anything wrong with that :) > > > > -----Original Message----- > > From: owner-canslim@lists.xmission.com > > [mailto:owner-canslim@lists.xmission.com]On Behalf Of Andreas > > Himmelreich > > Sent: Friday, January 04, 2002 10:43 AM > > To: 'canslim@lists.xmission.com' > > Subject: AW: [CANSLIM] Market > > > > > > Because from my point of view there are better waves (Industry > > Groups) to ride right now. > > > > I sticked to ROOM (in since 4 Weeks), chart looks good and the > > IG looks great. > > > > TELECOMMUNICATIONS-EQUIP > > COMPUTER SOFTWR-ENTERPSE > > INTERNET-E COMMERCE > > > > looked stronger to me then the BLDG-CONSTR PRODS/MISC and > > BLDG-RESIDENT/COMMRCL. > > I do not say that BLDG-CONSTR PRODS/MISC and BLDG-RESIDENT/COMMRCL will > > not run up more, but it seems that they are loosing RS (right > > now). Next week that might be different. > > > > Got into TTIL, UTSI (yesterday), DFXI, FDS, and GAIA this week. > > Besides GAIA all nicely profitable (so far). DFXI I am in since > > 29.50 (not a big gain here) and wait for > > the breakout (that hopefully comes). > > > > I was in GISX the day before yesterday (15.40 !!!!!!) and then > > was chickened out because of the 200% Dept. > > EVERYTHING ELSE WAS JUST PERFECT, DARRRRRRRRNNNN !!!! > > But hey, I choose this stock, so I must have made something > > right. The only thing is, > > that I should not put to much to the fundamentals (especially > > if only one criteria out of a lot looks not so good). > > I even had a very tight SL (at 14.50) and this one would have > > not touched. > > I did everything right besides the chicken thing. I will work on it .... > > > > See you > > > > Andreas > > > > > > > > > -----Ursprungliche Nachricht----- > > > Von: Tom Worley [SMTP:stkguru@netside.net] > > > Gesendet am: Friday, January 04, 2002 3:10 PM > > > An: canslim@lists.xmission.com > > > Betreff: Re: [CANSLIM] Market > > > > > > Andreas, > > > > > > Curious why you kicked out RYL and SIDE, since both appear to > > be winners and > > > worth holding, IMO. > > > > > > Tom Worley > > > stkguru@netside.net > > > AIM: TexWorley > > > ----- Original Message ----- > > > From: "Andreas Himmelreich" > > > To: > > > Sent: Friday, January 04, 2002 6:04 AM > > > Subject: AW: [CANSLIM] Market > > > > > > > > > > I would go out very fast, not only a failed breakout and a > > retrace to the > > > base but on > > > > very high volumne. The latest I would sell if it falls > > below 19.50 ... > > > > > > > > I kicked out RYL last week and Side yesterday, since other > > industries > > > > seem to come up. > > > > > > > > > -----Ursprungliche Nachricht----- > > > > > Von: Dan Forant [SMTP:dforant1@nycap.rr.com] > > > > > Gesendet am: Friday, January 04, 2002 2:00 AM > > > > > An: canslim@lists.xmission.com > > > > > Betreff: Re: [CANSLIM] Market > > > > > > > > > > I'm still holding onto AAON. Took off well but looks like > > a collapse > > > like > > > > > many BO's lately. > > > > > > > > > > DanF > > > > > ----- Original Message ----- > > > > > From: "Andreas Himmelreich" > > > > > To: > > > > > Sent: Thursday, January 03, 2002 5:39 AM > > > > > Subject: [CANSLIM] Market > > > > > > > > > > > > > > > > Very Strange Day Yesterday! > > > > > > > > > > > > Big Caps rally, smal caps lag and do not react at all. > > > > > > Almost all Industry Groups that did good the last weeks > > had a losing > > > day > > > > > and the other way around. > > > > > > Leading stocks did not behaive like they did the last > > weeks, even some > > > > > failed BOs (AAON). > > > > > > > > > > > > Opinions? > > > > > > > > > > > > - > > > > > > -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. > > > > > > > > > > > > > > > > > > > > - > > > -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. - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Steve Subject: Re: [CANSLIM] TOTALLY OFF TOPIC!! Date: 04 Jan 2002 10:03:05 -0800 This is a multi-part message in MIME format. ------=_NextPart_000_004F_01C19507.00E98C20 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable That's only because they never had to play Oregon! Go Ducks! Steve Grier scgjd@pacbell.net ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Thursday, January 03, 2002 8:42 PM Subject: [CANSLIM] TOTALLY OFF TOPIC!! MIAMI HURRICANES ARE #1 - NATIONAL CHAMPIONS Miami 37 Nebraska 14 Total domination, words are cheap, final score says it all Tom Worley stkguru@netside.net AIM: TexWorley ------=_NextPart_000_004F_01C19507.00E98C20 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
That's only because they never had to play Oregon!
 
Go Ducks!
 
Steve=20 Grier
scgjd@pacbell.net
 
 
----- Original Message -----
From:=20 Tom = Worley=20
Sent: Thursday, January 03, = 2002 8:42=20 PM
Subject: [CANSLIM] TOTALLY OFF=20 TOPIC!!

MIAMI HURRICANES ARE #1 - NATIONAL=20 CHAMPIONS
 
Miami 37
Nebraska 14
 
Total domination, words are cheap, final score = says it=20 all
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
------=_NextPart_000_004F_01C19507.00E98C20-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Warren Keuffel Subject: [CANSLIM] Re: Keogh Plans [off topic] Date: 04 Jan 2002 11:18:22 -0700 Tim, Setting up a Keogh is a pain in the gluteus. I learned that a SEP-IRA gives most of the benefits of the Keogh with few of the drawbacks. SEP stands for Self Employment Plan or something like that. FWIW. Warren Tim Fisher wrote: > P.P.S. Tom you should be proud of retiring that dino PC - I broke down > and bought 256 megs of RAM last night at Costco for $36 (had 64 megs > in my homebuilt Athlon 550) and WOW it is like a different computer > this morning. No more HD churning for pagefile swapping and the apps > start lightning fast. So this is how a decent PC should act! > > P.P.P.S. I am seriously considering opening a Keough for my brand new > S Corp - looks like the most flexibility and I can dump the maximum > amount of excess profits in there (something like $24k a year) > assuming there are any. I got the distribution from my former > employers' 401k transferred directly to my IRA - with luck it will > happen before I die. Thanks for the input guys and gals. > > Tim Fisher > Ore-ROCK-On Rockhounding Web Site > Pacific Fishery Biologists Information > mailto:tim@OreRockOn.com > WWW http://OreRockOn.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. ------------------------------------------------------------------------------- From: "walter nusbaum" Subject: [CANSLIM] Fw: Katherine Malm Date: 04 Jan 2002 16:39:42 -0600 Hi folks, For those in the DFW area, our very own Katherine will be featured as outlined below. I've been receiving this spam for a week(most welcome in this case), and apparently Katherine is too modest to inform the list, so I thought I'd do it for her. Katherine: Brookhaven is only about a nine iron from my home, and I'd be pleased to buy your breakfast. See ya! Best wishes, Walt ----- Original Message ----- Sent: Friday, January 04, 2002 3:53 PM Circle January 26th on your calendar! Katherine Malm will conduct a 2-hour seminar on how she utilizes the features of Vectorvest, DailyGraphs Online and other internet resources to mine for CANSLIM stocks and target them for purchase on breakouts. She will show how her approach uses Vectorvest's stock and industry data in conjunction with standard CANSLIM criteria to identify the best candidates. Katherine has been using the CANSLIM investment style exclusively for the last 4 years to manage her personal accounts and has been using Vectorvest since early 1998. We plan on being connected to the internet so that during the presentation she can demonstrate how she uses these tools. Buffet Breakfast at 8.30 am Seminar 9.00 am to 11.00 am Brookhaven Country Club Dallas, Texas - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: AW: [CANSLIM] Fw: Katherine Malm Date: 05 Jan 2002 00:04:09 +0100 Katherine, to bad I can not be there !!! Just signed up for a Vector trial some days ago, today I logged in the first time. So far (after 2 hours ;-) I like their timing indicator best. Andreas > -----Ursprungliche Nachricht----- > Von: walter nusbaum [SMTP:wnusbaum@airmail.net] > Gesendet am: Friday, January 04, 2002 11:40 PM > An: canslim@lists.xmission.com > Betreff: [CANSLIM] Fw: Katherine Malm > > Hi folks, > For those in the DFW area, our very own Katherine will be featured as > outlined below. I've been receiving this spam for a week(most welcome in > this case), and apparently Katherine is too modest to inform the list, so I > thought I'd do it for her. Katherine: Brookhaven is only about a nine iron > from my home, and I'd be pleased to buy your breakfast. See ya! > Best wishes, > Walt > > ----- Original Message ----- > From: > To: > Sent: Friday, January 04, 2002 3:53 PM > Subject: Attention Dallas-Ft.Worth VectorVest Users > > > Circle January 26th on your calendar! > > Katherine Malm will conduct a 2-hour seminar on how she utilizes the > features of Vectorvest, DailyGraphs Online and other internet resources to > mine for CANSLIM stocks and target them for purchase on breakouts. She will > show how her approach uses Vectorvest's stock and industry data in > conjunction with standard CANSLIM criteria to identify the best candidates. > > Katherine has been using the CANSLIM investment style exclusively for the > last 4 years to manage her personal accounts and has been using Vectorvest > since early 1998. > > We plan on being connected to the internet so that during the presentation > she can demonstrate how she uses these tools. > > > > Buffet Breakfast at 8.30 am > Seminar 9.00 am to 11.00 am > Brookhaven Country Club > Dallas, Texas > > > > > - > -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. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] UTSI Date: 04 Jan 2002 19:48:54 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_0017_01C19558.D74C0A30 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Some of it also could be short covering. UTSI had a short position of = 2.2 days (about 3.6 million shares) on the last report, up 21%. The = shorters might be getting cold (and painfully expensive) feet. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Dave=20 To: canslim@lists.xmission.com=20 Sent: Friday, January 04, 2002 10:14 AM Subject: RE: [CANSLIM] UTSI Not necessarily panic buying in UTSI, which I think is continuing its = legitimate breakout. But it seems to me that yesterday and today's = action indicates that people are jumping into tech stocks, afraid to = miss the certain move that so many have predicted. Markets have never = been down 3 years in a row. Market will surely go higher in 2002. People = can't afford to miss a huge market spurt this year so they're pouring = money in now. Whether it leads to a sustained rally, who knows... -----Original Message----- From: owner-canslim@lists.xmission.com = [mailto:owner-canslim@lists.xmission.com]On Behalf Of Katherine Malm Sent: Friday, January 04, 2002 9:55 AM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] UTSI Interesting observation, Dave. Noticed a similar pop/gap open in = PECS that is also retracing right now... You think it's "panic" or just a lot of orders placed last evening = for market open? Katherine ----- Original Message -----=20 From: Dave=20 To: canslim@lists.xmission.com=20 Sent: Friday, January 04, 2002 8:45 AM Subject: RE: [CANSLIM] UTSI You can read a bit more into today's gap up to new 52-wk highs :) Talk about panic buying on the Nasdaq...=20 > -----Original Message----- > From: owner-canslim@lists.xmission.com > [mailto:owner-canslim@lists.xmission.com]On Behalf Of Tom Worley > Sent: Friday, January 04, 2002 9:09 AM > To: canslim@lists.xmission.com > Subject: Re: [CANSLIM] UTSI >=20 >=20 > Dan, >=20 > Right now looks to me like a continued consolidation of the = gains made > starting 11/30. Volume yesterday was only slightly better than=20 > average, and > all markets were strong and favorable to recoveries, so I=20 > wouldn't read much > into it. >=20 > Tom Worley > stkguru@netside.net > AIM: TexWorley > ----- Original Message ----- > From: "Dan Forant" > To: > Sent: Thursday, January 03, 2002 8:01 PM > Subject: Re: [CANSLIM] UTSI >=20 >=20 > > Does this become a base on a base?? > > > > DanF > > ----- Original Message ----- > > From: "Andreas Himmelreich" > > To: > > Sent: Thursday, January 03, 2002 6:45 AM > > Subject: [CANSLIM] UTSI > > > > > > > UTSI seems interesting again. > > > In the weekly chart it looks like it build another handle=20 > (but I am not > > sure). > > > > > > Industry Group made a good move yesterday. > > > EPS 99 > > > SMR A > > > ACC DISS A > > > Time A > > > Sponsorship rating C > > > > > > ROI 15% > > > Dept 2% > > > > > > MGM Ownership 63% (!) > > > PE 45 > > > > > > > > > > > > > > > > > > > > > - > > > -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. > > > > >=20 >=20 >=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. >=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. ------=_NextPart_000_0017_01C19558.D74C0A30 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Some of it also could be short covering. UTSI = had a short=20 position of 2.2 days (about 3.6 million shares) on the last report, up = 21%. The=20 shorters might be getting cold (and painfully expensive) = feet.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Dave
Sent: Friday, January 04, 2002 = 10:14=20 AM
Subject: RE: [CANSLIM] = UTSI

Not necessarily panic buying in UTSI, which = I think=20 is continuing its legitimate breakout. But it seems to me that = yesterday and=20 today's action indicates that people are jumping into tech stocks, = afraid to=20 miss the certain move that so many have predicted. Markets have never = been=20 down 3 years in a row. Market will surely go higher in 2002. People = can't=20 afford to miss a huge market spurt this year so they're pouring money = in now.=20 Whether it leads to a sustained rally, who = knows...
-----Original Message-----
From:=20 owner-canslim@lists.xmission.com=20 [mailto:owner-canslim@lists.xmission.com]On Behalf Of = Katherine=20 Malm
Sent: Friday, January 04, 2002 9:55 AM
To:=20 canslim@lists.xmission.com
Subject: Re: [CANSLIM]=20 UTSI

Interesting observation, Dave. Noticed a similar pop/gap open = in PECS=20 that is also retracing right now...
 
You think it's "panic" or just a lot of orders placed last = evening for=20 market open?
 
Katherine
----- Original Message ----- =
From:=20 Dave
To: canslim@lists.xmission.com= =20
Sent: Friday, January 04, = 2002 8:45=20 AM
Subject: RE: [CANSLIM] = UTSI

You can read a bit more into today's gap up to new = 52-wk=20 highs :)

Talk about panic buying on the Nasdaq...=20



> -----Original Message-----
> From: owner-canslim@lists.xmis= sion.com
>=20 [mailto:owner-canslim@lists.xmission.com]On Behalf Of Tom = Worley
>=20 Sent: Friday, January 04, 2002 9:09 AM
> To: canslim@lists.xmission.com=
>=20 Subject: Re: [CANSLIM] UTSI
>
>
> Dan,
> =
> Right now looks to me like a continued consolidation of = the gains=20 made
> starting 11/30. Volume yesterday was only slightly = better=20 than
> average, and
> all markets were strong and = favorable=20 to recoveries, so I
> wouldn't read much
> into = it.
>=20
> Tom Worley
> stkguru@netside.net
> AIM: = TexWorley
> ----- Original Message -----
> From: "Dan = Forant"=20 <dforant1@nycap.rr.com>
&g= t;=20 To: <canslim@lists.xmission.com= >
>=20 Sent: Thursday, January 03, 2002 8:01 PM
> Subject: Re: = [CANSLIM]=20 UTSI
>
>
> > Does this become a base on a=20 base??
> >
> > DanF
> > ----- Original = Message=20 -----
> > From: "Andreas Himmelreich" <judgejimmy@web.de>
> > = <canslim@lists.xmission.com= >
>=20 > Sent: Thursday, January 03, 2002 6:45 AM
> > = [CANSLIM] UTSI
> >
> >
> > > UTSI = seems=20 interesting again.
> > > In the weekly chart it looks = like it=20 build another handle
> (but I am not
> > = sure).
>=20 > >
> > > Industry Group made a good move=20 yesterday.
> > > EPS 99
> > > SMR = A
> >=20 > ACC DISS A
> > > Time A
> > > = Sponsorship=20 rating C
> > >
> > > ROI 15%
> > = >=20 Dept 2%
> > >
> > > MGM Ownership 63% = (!)
>=20 > > PE 45
> > >
> > >
> >=20 >
> > >
> > >
> > >
> = >=20 > -
> > > -To subscribe/unsubscribe, email "majordomo@xmission.com"
>= ;=20 > > -In the email body, write "subscribe canslim" or
> = >=20 > -"unsubscribe canslim".  Do not use quotes in your=20 email.
> > >
> >
> >
> > = -
>=20 > -To subscribe/unsubscribe, email "majordomo@xmission.com"
>= ;=20 > -In the email body, write "subscribe canslim" or
> > = -"unsubscribe canslim".  Do not use quotes in your = email.
>=20 >
> >
>
>
>
> -
> -To = subscribe/unsubscribe, email "majordomo@xmission.com"
>= ;=20 -In the email body, write "subscribe canslim" or
> = -"unsubscribe=20 canslim".  Do not use quotes in your email.
> =

-
-To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
-In= =20 the email body, write "subscribe canslim" or
-"unsubscribe=20 canslim".  Do not use quotes in your=20 email.
------=_NextPart_000_0017_01C19558.D74C0A30-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] Market Date: 04 Jan 2002 19:53:41 -0500 For what it's worth, Andreas, my Virtual Reality fund has several of the ones you mention (TTIL, bought non-CANSLIM now up 73%, GISX up 14.5%). Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message ----- Sent: Friday, January 04, 2002 10:43 AM > Because from my point of view there are better waves (Industry Groups) to ride right now. > > I sticked to ROOM (in since 4 Weeks), chart looks good and the IG looks great. > > TELECOMMUNICATIONS-EQUIP > COMPUTER SOFTWR-ENTERPSE > INTERNET-E COMMERCE > > looked stronger to me then the BLDG-CONSTR PRODS/MISC and BLDG-RESIDENT/COMMRCL. > I do not say that BLDG-CONSTR PRODS/MISC and BLDG-RESIDENT/COMMRCL will > not run up more, but it seems that they are loosing RS (right now). Next week that might be different. > > Got into TTIL, UTSI (yesterday), DFXI, FDS, and GAIA this week. > Besides GAIA all nicely profitable (so far). DFXI I am in since 29.50 (not a big gain here) and wait for > the breakout (that hopefully comes). > > I was in GISX the day before yesterday (15.40 !!!!!!) and then was chickened out because of the 200% Dept. > EVERYTHING ELSE WAS JUST PERFECT, DARRRRRRRRNNNN !!!! > But hey, I choose this stock, so I must have made something right. The only thing is, > that I should not put to much to the fundamentals (especially if only one criteria out of a lot looks not so good). > I even had a very tight SL (at 14.50) and this one would have not touched. > I did everything right besides the chicken thing. I will work on it .... > > See you > > Andreas > > > > > -----Ursprungliche Nachricht----- > > Von: Tom Worley [SMTP:stkguru@netside.net] > > Gesendet am: Friday, January 04, 2002 3:10 PM > > An: canslim@lists.xmission.com > > Betreff: Re: [CANSLIM] Market > > > > Andreas, > > > > Curious why you kicked out RYL and SIDE, since both appear to be winners and > > worth holding, IMO. > > > > Tom Worley > > stkguru@netside.net > > AIM: TexWorley > > ----- Original Message ----- > > From: "Andreas Himmelreich" > > To: > > Sent: Friday, January 04, 2002 6:04 AM > > Subject: AW: [CANSLIM] Market > > > > > > > I would go out very fast, not only a failed breakout and a retrace to the > > base but on > > > very high volumne. The latest I would sell if it falls below 19.50 ... > > > > > > I kicked out RYL last week and Side yesterday, since other industries > > > seem to come up. > > > > > > > -----Ursprungliche Nachricht----- > > > > Von: Dan Forant [SMTP:dforant1@nycap.rr.com] > > > > Gesendet am: Friday, January 04, 2002 2:00 AM > > > > An: canslim@lists.xmission.com > > > > Betreff: Re: [CANSLIM] Market > > > > > > > > I'm still holding onto AAON. Took off well but looks like a collapse > > like > > > > many BO's lately. > > > > > > > > DanF > > > > ----- Original Message ----- > > > > From: "Andreas Himmelreich" > > > > To: > > > > Sent: Thursday, January 03, 2002 5:39 AM > > > > Subject: [CANSLIM] Market > > > > > > > > > > > > > Very Strange Day Yesterday! > > > > > > > > > > Big Caps rally, smal caps lag and do not react at all. > > > > > Almost all Industry Groups that did good the last weeks had a losing > > day > > > > and the other way around. > > > > > Leading stocks did not behaive like they did the last weeks, even some > > > > failed BOs (AAON). > > > > > > > > > > Opinions? > > > > > > > > > > - > > > > > -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. > > > > > > > > > > > > > > - > > -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. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] TOTALLY OFF TOPIC!! Date: 04 Jan 2002 19:55:51 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_0035_01C19559.D001A040 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Maybe next year. quack, quack Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Steve=20 To: canslim@lists.xmission.com=20 Sent: Friday, January 04, 2002 1:03 PM Subject: Re: [CANSLIM] TOTALLY OFF TOPIC!! That's only because they never had to play Oregon! Go Ducks! Steve Grier scgjd@pacbell.net ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Thursday, January 03, 2002 8:42 PM Subject: [CANSLIM] TOTALLY OFF TOPIC!! MIAMI HURRICANES ARE #1 - NATIONAL CHAMPIONS Miami 37 Nebraska 14 Total domination, words are cheap, final score says it all Tom Worley stkguru@netside.net AIM: TexWorley ------=_NextPart_000_0035_01C19559.D001A040 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Maybe next year.
 
quack, quack
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Steve
Sent: Friday, January 04, 2002 = 1:03=20 PM
Subject: Re: [CANSLIM] TOTALLY = OFF=20 TOPIC!!

That's only because they never had to play Oregon!
 
Go Ducks!
 
Steve=20 Grier
scgjd@pacbell.net
 
 
----- Original Message -----
From:=20 Tom=20 Worley
Sent: Thursday, January 03, = 2002 8:42=20 PM
Subject: [CANSLIM] TOTALLY = OFF=20 TOPIC!!

MIAMI HURRICANES ARE #1 - NATIONAL=20 CHAMPIONS
 
Miami 37
Nebraska 14
 
Total domination, words are cheap, final = score says it=20 all
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
------=_NextPart_000_0035_01C19559.D001A040-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] Re: Keogh Plans [off topic] Date: 04 Jan 2002 19:57:54 -0500 A Keogh is admittedly more difficult to set up, but if I remember correctly, the contribution limits are higher. I think there may also be a limit on how many employees can be covered in a SEP-IRA, so the size of the business, as well as anticipated profits, are both a factor. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message ----- Sent: Friday, January 04, 2002 1:18 PM > Tim, > > Setting up a Keogh is a pain in the gluteus. I learned that a SEP-IRA > gives most of the benefits of the Keogh with few of the drawbacks. SEP > stands for Self Employment Plan or something like that. > > FWIW. > > Warren > > Tim Fisher wrote: > > > P.P.S. Tom you should be proud of retiring that dino PC - I broke down > > and bought 256 megs of RAM last night at Costco for $36 (had 64 megs > > in my homebuilt Athlon 550) and WOW it is like a different computer > > this morning. No more HD churning for pagefile swapping and the apps > > start lightning fast. So this is how a decent PC should act! > > > > P.P.P.S. I am seriously considering opening a Keough for my brand new > > S Corp - looks like the most flexibility and I can dump the maximum > > amount of excess profits in there (something like $24k a year) > > assuming there are any. I got the distribution from my former > > employers' 401k transferred directly to my IRA - with luck it will > > happen before I die. Thanks for the input guys and gals. > > > > Tim Fisher > > Ore-ROCK-On Rockhounding Web Site > > Pacific Fishery Biologists Information > > mailto:tim@OreRockOn.com > > WWW http://OreRockOn.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. ------------------------------------------------------------------------------- From: Tom Worley Subject: [CANSLIM] Did you see that cartoon about you? Date: 05 Jan 2002 01:34:43 -0000 CANSLIM-- CANSLIM-- You have just received a postcard from Tom Worley with a personal message and a personalized cartoon. Please follow the link below to claim it: http://www.cartoonlink.com/pu_invite.cgi?msgID=1010194483 - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: [CANSLIM] My IBD interview Date: 04 Jan 2002 20:49:24 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_0087_01C19561.4AD7D670 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi members, Just wanted all of you to know in advance that I did give permission for = the use of an interview with Claire Mencke of IBD. The quotes are mine, = and with permission. Don't know when it may appear, if at all, but she = did provide me with a draft that I approved with comments, knowing all = the while she is a reporter for IBD. Most of the content was from = private email, what came from my posts to this group are with my = permission. And no, I do not believe she is the observer of our group from IBD. She = was very straight with me, and made no effort to take any of my ideas, = thoughts, etc. without my permission. She also tells me that apparently HTMMIS 3rd edition STILL has not been = released!! Tom Worley stkguru@netside.net AIM: TexWorley ------=_NextPart_000_0087_01C19561.4AD7D670 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Hi members,
 
Just wanted all of you to know in advance that I = did give=20 permission for the use of an interview with Claire Mencke of IBD. The = quotes are=20 mine, and with permission. Don't know when it may appear, if at all, but = she did=20 provide me with a draft that I approved with comments, knowing all the = while she=20 is a reporter for IBD. Most of the content was from private email, what = came=20 from my posts to this group are with my permission.
 
And no, I do not believe she is the observer of = our group=20 from IBD. She was very straight with me, and made no effort to take any = of my=20 ideas, thoughts, etc. without my permission.
 
She also tells me that apparently HTMMIS 3rd = edition STILL=20 has not been released!!
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
------=_NextPart_000_0087_01C19561.4AD7D670-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Keith Williams" Subject: RE: [CANSLIM] Fw: Katherine Malm Date: 04 Jan 2002 20:08:14 -0600 Walt, I just signed up for a Vectorvest trial. What is the address for Brookhaven CC? Any admission fees? Thanks Keith -----Original Message----- [mailto:owner-canslim@lists.xmission.com]On Behalf Of walter nusbaum Sent: Friday, January 04, 2002 4:40 PM Hi folks, For those in the DFW area, our very own Katherine will be featured as outlined below. I've been receiving this spam for a week(most welcome in this case), and apparently Katherine is too modest to inform the list, so I thought I'd do it for her. Katherine: Brookhaven is only about a nine iron from my home, and I'd be pleased to buy your breakfast. See ya! Best wishes, Walt ----- Original Message ----- Sent: Friday, January 04, 2002 3:53 PM Circle January 26th on your calendar! Katherine Malm will conduct a 2-hour seminar on how she utilizes the features of Vectorvest, DailyGraphs Online and other internet resources to mine for CANSLIM stocks and target them for purchase on breakouts. She will show how her approach uses Vectorvest's stock and industry data in conjunction with standard CANSLIM criteria to identify the best candidates. Katherine has been using the CANSLIM investment style exclusively for the last 4 years to manage her personal accounts and has been using Vectorvest since early 1998. We plan on being connected to the internet so that during the presentation she can demonstrate how she uses these tools. Buffet Breakfast at 8.30 am Seminar 9.00 am to 11.00 am Brookhaven Country Club Dallas, Texas - -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. ------------------------------------------------------------------------------- From: Mhboatman@aol.com Subject: Re: [CANSLIM] Did you see that cartoon about you? Date: 04 Jan 2002 23:05:09 EST --part1_e.18050186.2967d575_boundary Content-Type: text/plain; charset="US-ASCII" Content-Transfer-Encoding: 7bit Tom, Do you get to do much ice fishing down there in Florida? Just wondering. Howard (Minnesota) In a message dated 1/4/02 7:39:35 PM Central Standard Time, stkguru@netside.net writes: > www.cartoonlink.com/pu_invite.cgi?msgID=1010194483 --part1_e.18050186.2967d575_boundary Content-Type: text/html; charset="US-ASCII" Content-Transfer-Encoding: 7bit Tom,

Do you get to do much ice fishing down there in Florida?

Just wondering.

Howard
(Minnesota)

In a message dated 1/4/02 7:39:35 PM Central Standard Time, stkguru@netside.net writes:


www.cartoonlink.com/pu_invite.cgi?msgID=1010194483



 --part1_e.18050186.2967d575_boundary-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Bob Raible Subject: Re: [CANSLIM] Did you see that cartoon about you? Date: 04 Jan 2002 20:22:31 -0800 (PST) I just came back from Tampa area. Ice fishing is not out of the question. Atlanta was in the 20's with snow between the runways. --- Mhboatman@aol.com wrote: > Tom, > > Do you get to do much ice fishing down there in Florida? > > Just wondering. > > Howard > (Minnesota) > > In a message dated 1/4/02 7:39:35 PM Central Standard Time, > stkguru@netside.net writes: > > > > www.cartoonlink.com/pu_invite.cgi?msgID=1010194483 > > > ===== Bob Raible Sunny San Jose,CA __________________________________________________ Do You Yahoo!? Send FREE video emails in Yahoo! Mail! http://promo.yahoo.com/videomail/ - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tim Fisher" Subject: Re: [CANSLIM] Re: Keogh Plans [off topic] Date: 04 Jan 2002 23:33:01 -0800 You are right on Tom, I anticipate more profits than I want to pay tax on, hence the Keough. I need an administrator for the Keough whereas I could get by administering the SEP myself. At 07:57 PM 1/4/2002 -0500, you wrote: >A Keogh is admittedly more difficult to set up, but if I remember correctly, >the contribution limits are higher. I think there may also be a limit on how >many employees can be covered in a SEP-IRA, so the size of the business, as >well as anticipated profits, are both a factor. > >Tom Worley >stkguru@netside.net >AIM: TexWorley >----- Original Message ----- >From: "Warren Keuffel" >To: >Sent: Friday, January 04, 2002 1:18 PM >Subject: [CANSLIM] Re: Keogh Plans [off topic] > > > > Tim, > > > > Setting up a Keogh is a pain in the gluteus. I learned that a SEP-IRA > > gives most of the benefits of the Keogh with few of the drawbacks. SEP > > stands for Self Employment Plan or something like that. > > > > FWIW. > > > > Warren > > > > Tim Fisher wrote: > > > > > P.P.S. Tom you should be proud of retiring that dino PC - I broke down > > > and bought 256 megs of RAM last night at Costco for $36 (had 64 megs > > > in my homebuilt Athlon 550) and WOW it is like a different computer > > > this morning. No more HD churning for pagefile swapping and the apps > > > start lightning fast. So this is how a decent PC should act! > > > > > > P.P.P.S. I am seriously considering opening a Keough for my brand new > > > S Corp - looks like the most flexibility and I can dump the maximum > > > amount of excess profits in there (something like $24k a year) > > > assuming there are any. I got the distribution from my former > > > employers' 401k transferred directly to my IRA - with luck it will > > > happen before I die. Thanks for the input guys and gals. > > > > > > Tim Fisher > > > Ore-ROCK-On Rockhounding Web Site > > > Pacific Fishery Biologists Information > > > mailto:tim@OreRockOn.com > > > WWW http://OreRockOn.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. Tim Fisher Ore-ROCK-On Rockhounding Web Site Pacific Fishery Biologists Information mailto:tim@OreRockOn.com WWW http://OreRockOn.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. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: [CANSLIM] Worley's Weekend Weeview Date: 05 Jan 2002 09:02:18 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_005A_01C195C7.AD3F6C90 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Happy New Year, everyone, and may 2002 be far more prosperous for all = than was 2001. Remember that 2002 is a palindrome year (reads the same = forward and backward). Last happened in 1991, and won't happen again = until 2112 (so for all here it's most likely your last palindrome year, = might as well enjoy it). THINGS I DIDN'T KNOW ABOUT!! The NAPM (Nat'l Assn of Purchasing Managers) is now ISM (Institute of = Supply Management). Almost overlooked a powerful report because I didn't = know the new acronym. Reported on Wednesday that its index for December = jumped to 48.2 from 44.5 (expected was 45.8). Anything over 50 indicates = expansion in this most important index of major manufacturing activity = (and that leads eventually to renewed employment, which used to warn of = inflation and now signals consumer spending). This index has been below = 50 for 17 straight months (indicating contraction), and hit a ten year = low in October. One month doesn't make a trend, but does bring us close = to a shift from slowing contraction, to gaining expansion. Manufacturing = has suffered the greatest damage from the economic slowdown, as well as = losing the largest number of jobs. Within the overall index, the New = Orders portion rose from 48.8 to 54.9, highest in 19 months. Inventories = also continued to shrink from 37.9 to 37.7 (gotta shrink before = manufacturers start increasing production, so these two pieces of the = overall picture are both moving in the right direction).=20 ------- JUST WHEN WE NEEDED IT, SOME BEARISHNESS ABC News/Money's survey of consumer confidence dropped in the final week = of 2001, hitting negative 13 from a negative 3 at the end of November. = Consumers with a positive opinion of their personal finances had dropped = over the year to 56% from 66% in January. Willingness to spend appears = to be considerably below the levels we saw in 2000, wonder if this will = continue in 2002? Then again, last Friday we had the Consumer Confidence = Index leaping to 93.7 from 84.9.=20 ------- SOME ONE LINERS Merrill Lynch estimates that corporate spending on IT declined 1.1% in = 2001, but will grow by 3% in 2002, with strongest growth in Europe. = Security, and disaster recovery, head the shopping list. On the same page displayed at CNNMoney are the separate headlines = "Poll:U.S. confidence slips" (from Wed, 1/3) and "U.S. confidence = surges" (from 12/28). I guess that's what they mean by "news"?? But, = gee, couldn't we at least take a few days more, if not a week or two, to = do a total flip flop??=20 ------- JOBS AND LAYOFFS Unemployment report for December confirms expectations, rate increased = only to 5.8% while the number of jobs lost slowed from 371K in November = to "only" 124K in December (if you were one of those 124K, it likely = didn't feel like a good thing getting laid off right before the = holidays). It was the smallest drop in jobs since August, and slightly = below expectations. But hey, look on the bright side, good times must be = just ahead since this is a lagging indicator. Layoff announcements also = hit new highs for the year, solidly beating 1998. Interestingly, 40% of = the layoff announcements for 2001 occurred after the 9/11 attacks, = clearly showing the setback to economic recovery that this cowardly act = caused. The big industry winner for the year, BTW, was = Telecommunications, alone accounting for about 15% of the total. The = good news was that announcements of layoffs during December was down = from November.=20 ------- WORLEY'S WATCHLIST WANNABES Once again, the population of stocks I am reviewing here this week = appears to be stable to slightly smaller, a little surprising to me with = so many new highs being hit in the past week. As always, Bx means a flat line "B"ase of "x" weeks duration, IMO. If I = see a specific pattern such as a cup&handle, double bottom, LLUR, etc. I = will say so. AMMD - c&h, volume drying up in the handle AMWD - c&h, deep cup, high handle ASCA - stealth b/o Friday on light volume, some casino stocks appear to = be weakening ASFI - B4-, b/o Friday on ADV AZR - b/o Friday on 1.5X ADV, see above comment on ASCA BBY - c&h, high and volatile handle, volume drying up BLL - LLUR CAKE - B4+, c&h with high handle? CECO - B4, volume drying up CEFT - high handle?? CHBS - c&h with high handle? CVBF - LLUR DFXI - c&h, handle 4 weeks w/volume drying up DLX - low earnings forecasts, but still a sweet LLUR EBAY - c&h, slightly high handle? EPIQ - B2+ FRED - developing into a LLUR GFF - LLUR HRBT - LLUR ISLE - B5, b/o on light volume, at pivot, in my VR fund KNGT - LLUR KRON - B4+ LOGI - gap up Friday on 2.5X ADV LOW - B5, declined on volume past week MBFI - saucer MCAF - volatile B3, profitable in 2001, expected to double earnings in = 2002, see my comment above on IT spending MCO - LLUR MCRI - long handle on deep cup, b/o Friday on 1.5X ADV MHO - B4, home builder MIK - B3, retailer MIMS - LLUR NFI - LLUR NMTC - high handle OFIX - B3 PENN - B3 PER - B3, volatile LLUR?? PETM - LLUR PSAI - saucer PTNX - B6 PTV - B4+ RACN - B3 SWTX - b/o Friday on over 3X ADV, in my VR fund, low priced URBN - B2 UTSI - b/o Friday on over 2X ADV, within 5% of pivot God bless America, and its military people Happy Hunting, Tom Worley stkguru@netside.net AIM: TexWorley ------=_NextPart_000_005A_01C195C7.AD3F6C90 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Happy New Year, everyone, and may 2002 be far = more=20 prosperous for all than was 2001. Remember that 2002 is a palindrome = year (reads=20 the same forward and backward). Last happened in 1991, and won't happen = again=20 until 2112 (so for all here it's most likely your last palindrome year, = might as=20 well enjoy it).
 
THINGS I DIDN'T KNOW = ABOUT!!
The NAPM (Nat'l Assn of Purchasing Managers) is = now ISM=20 (Institute of Supply Management). Almost overlooked a powerful report = because I=20 didn't know the new acronym. Reported on Wednesday that its index for = December=20 jumped to 48.2 from 44.5 (expected was 45.8). Anything over 50 indicates = expansion in this most important index of major manufacturing activity = (and that=20 leads eventually to renewed employment, which used to warn of inflation = and now=20 signals consumer spending). This index has been below 50 for 17 straight = months=20 (indicating contraction), and hit a ten year low in October. One month = doesn't=20 make a trend, but does bring us close to a shift from slowing = contraction, to=20 gaining expansion. Manufacturing has suffered the greatest damage from = the=20 economic slowdown, as well as losing the largest number of jobs. Within = the=20 overall index, the New Orders portion rose from 48.8 to 54.9, highest in = 19=20 months. Inventories also continued to shrink from 37.9 to 37.7 (gotta = shrink=20 before manufacturers start increasing production, so these two pieces of = the=20 overall picture are both moving in the right direction).=20
JUST WHEN WE NEEDED IT, SOME=20 BEARISHNESS
ABC News/Money's survey of consumer confidence = dropped in=20 the final week of 2001, hitting negative 13 from a negative 3 at the end = of=20 November. Consumers with a positive opinion of their personal finances = had=20 dropped over the year to 56% from 66% in January. Willingness to spend = appears=20 to be considerably below the levels we saw in 2000, wonder if this will = continue=20 in 2002? Then again, last Friday we had the Consumer Confidence Index = leaping to=20 93.7 from 84.9.=20
SOME ONE LINERS
Merrill Lynch estimates that corporate spending = on IT=20 declined 1.1% in 2001, but will grow by 3% in 2002, with strongest = growth in=20 Europe. Security, and disaster recovery, head the shopping = list.
 
On the same page displayed at CNNMoney are the = separate=20 headlines "Poll:U.S. confidence slips" (from Wed, 1/3) and "U.S. = confidence=20 surges" (from 12/28). I guess that's what they mean by "news"?? But, = gee,=20 couldn't we at least take a few days more, if not a week or two, to do a = total=20 flip flop??=20
JOBS AND LAYOFFS
Unemployment report for December confirms = expectations,=20 rate increased only to 5.8% while the number of jobs lost slowed from = 371K in=20 November to "only" 124K in December (if you were one of those 124K, it = likely=20 didn't feel like a good thing getting laid off right before the = holidays). It=20 was the smallest drop in jobs since August, and slightly below = expectations. But=20 hey, look on the bright side, good times must be just ahead since this = is a=20 lagging indicator. Layoff announcements also hit new highs for the year, = solidly=20 beating 1998. Interestingly, 40% of the layoff announcements for 2001 = occurred=20 after the 9/11 attacks, clearly showing the setback to economic recovery = that=20 this cowardly act caused. The big industry winner for the year, BTW, was = Telecommunications, alone accounting for about 15% of the total. The = good news=20 was that announcements of layoffs during December was down from = November.=20
WORLEY'S WATCHLIST WANNABES
 
Once again, the population of stocks I am = reviewing here=20 this week appears to be stable to slightly smaller, a little surprising = to me=20 with so many new highs being hit in the past week.
 
As always, Bx means a flat line "B"ase of "x" = weeks=20 duration, IMO. If I see a specific pattern such as a cup&handle, = double=20 bottom, LLUR, etc. I will say so.
 
AMMD - c&h, volume drying up in the=20 handle
AMWD - c&h, deep cup, high = handle
ASCA - stealth b/o Friday on light volume, some = casino=20 stocks appear to be weakening
ASFI - B4-, b/o Friday on ADV
AZR - b/o Friday on 1.5X ADV, see above comment = on=20 ASCA
BBY - c&h, high and volatile handle, volume = drying=20 up
BLL - LLUR
CAKE - B4+, c&h with high = handle?
CECO - B4, volume drying up
CEFT - high handle??
CHBS - c&h with high handle?
CVBF - LLUR
DFXI - c&h, handle 4 weeks w/volume drying=20 up
DLX - low earnings forecasts, but still a sweet=20 LLUR
EBAY - c&h, slightly high = handle?
EPIQ - B2+
FRED - developing into a LLUR
GFF - LLUR
HRBT - LLUR
ISLE - B5, b/o on light volume, at pivot, in my = VR=20 fund
KNGT - LLUR
KRON - B4+
LOGI - gap up Friday on 2.5X ADV
LOW - B5, declined on volume past = week
MBFI - saucer
MCAF - volatile B3, profitable in 2001, expected = to double=20 earnings in 2002, see my comment above on IT spending
MCO - LLUR
MCRI - long handle on deep cup, b/o Friday on = 1.5X=20 ADV
MHO - B4, home builder
MIK - B3, retailer
MIMS - LLUR
NFI - LLUR
NMTC - high handle
OFIX - B3
PENN - B3
PER - B3, volatile LLUR??
PETM - LLUR
PSAI - saucer
PTNX - B6
PTV - B4+
RACN - B3
SWTX - b/o Friday on over 3X ADV, in my VR fund, = low=20 priced
URBN - B2
UTSI - b/o Friday on over 2X ADV, within 5% of=20 pivot
 
God bless America, and its military = people
 
Happy Hunting,
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
------=_NextPart_000_005A_01C195C7.AD3F6C90-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: AW: [CANSLIM] Market Date: 05 Jan 2002 16:34:12 +0100 Yep, once in a while I ask my selft if I should stick to CANSLIM. I was hot on DFXI, CHKP and a lots of other EPS 99ers 2 months ago, why not go into them just on a projection point of view? But I guess that is easier if you have a whole fund and be able to spread to 50 Shares or more. In a portfolio you do not want to project on 8 Shares from a projection or conviction point of view, but I am not sure here. Whatever, I will stick to what works for me now best and that is CANSLIM with some individual changes to it. > -----Ursprungliche Nachricht----- > Von: Tom Worley [SMTP:stkguru@netside.net] > Gesendet am: Saturday, January 05, 2002 1:54 AM > An: canslim@lists.xmission.com > Betreff: Re: [CANSLIM] Market > > For what it's worth, Andreas, my Virtual Reality fund has several of the > ones you mention (TTIL, bought non-CANSLIM now up 73%, GISX up 14.5%). > > Tom Worley > stkguru@netside.net > AIM: TexWorley > ----- Original Message ----- > From: "Andreas Himmelreich" > To: > Sent: Friday, January 04, 2002 10:43 AM > Subject: AW: [CANSLIM] Market > > > > Because from my point of view there are better waves (Industry Groups) to > ride right now. > > > > I sticked to ROOM (in since 4 Weeks), chart looks good and the IG looks > great. > > > > TELECOMMUNICATIONS-EQUIP > > COMPUTER SOFTWR-ENTERPSE > > INTERNET-E COMMERCE > > > > looked stronger to me then the BLDG-CONSTR PRODS/MISC and > BLDG-RESIDENT/COMMRCL. > > I do not say that BLDG-CONSTR PRODS/MISC and BLDG-RESIDENT/COMMRCL will > > not run up more, but it seems that they are loosing RS (right now). Next > week that might be different. > > > > Got into TTIL, UTSI (yesterday), DFXI, FDS, and GAIA this week. > > Besides GAIA all nicely profitable (so far). DFXI I am in since 29.50 (not > a big gain here) and wait for > > the breakout (that hopefully comes). > > > > I was in GISX the day before yesterday (15.40 !!!!!!) and then was > chickened out because of the 200% Dept. > > EVERYTHING ELSE WAS JUST PERFECT, DARRRRRRRRNNNN !!!! > > But hey, I choose this stock, so I must have made something right. The > only thing is, > > that I should not put to much to the fundamentals (especially if only one > criteria out of a lot looks not so good). > > I even had a very tight SL (at 14.50) and this one would have not touched. > > I did everything right besides the chicken thing. I will work on it .... > > > > See you > > > > Andreas > > > > > > > > > -----Ursprungliche Nachricht----- > > > Von: Tom Worley [SMTP:stkguru@netside.net] > > > Gesendet am: Friday, January 04, 2002 3:10 PM > > > An: canslim@lists.xmission.com > > > Betreff: Re: [CANSLIM] Market > > > > > > Andreas, > > > > > > Curious why you kicked out RYL and SIDE, since both appear to be winners > and > > > worth holding, IMO. > > > > > > Tom Worley > > > stkguru@netside.net > > > AIM: TexWorley > > > ----- Original Message ----- > > > From: "Andreas Himmelreich" > > > To: > > > Sent: Friday, January 04, 2002 6:04 AM > > > Subject: AW: [CANSLIM] Market > > > > > > > > > > I would go out very fast, not only a failed breakout and a retrace to > the > > > base but on > > > > very high volumne. The latest I would sell if it falls below 19.50 ... > > > > > > > > I kicked out RYL last week and Side yesterday, since other industries > > > > seem to come up. > > > > > > > > > -----Ursprungliche Nachricht----- > > > > > Von: Dan Forant [SMTP:dforant1@nycap.rr.com] > > > > > Gesendet am: Friday, January 04, 2002 2:00 AM > > > > > An: canslim@lists.xmission.com > > > > > Betreff: Re: [CANSLIM] Market > > > > > > > > > > I'm still holding onto AAON. Took off well but looks like a collapse > > > like > > > > > many BO's lately. > > > > > > > > > > DanF > > > > > ----- Original Message ----- > > > > > From: "Andreas Himmelreich" > > > > > To: > > > > > Sent: Thursday, January 03, 2002 5:39 AM > > > > > Subject: [CANSLIM] Market > > > > > > > > > > > > > > > > Very Strange Day Yesterday! > > > > > > > > > > > > Big Caps rally, smal caps lag and do not react at all. > > > > > > Almost all Industry Groups that did good the last weeks had a > losing > > > day > > > > > and the other way around. > > > > > > Leading stocks did not behaive like they did the last weeks, even > some > > > > > failed BOs (AAON). > > > > > > > > > > > > Opinions? > > > > > > > > > > > > - > > > > > > -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. > > > > > > > > > > > > > > > > > > > > - > > > -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. - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: AW: [CANSLIM] My IBD interview Date: 05 Jan 2002 17:24:24 +0100 Sure, they are your posts !!!! > -----Ursprungliche Nachricht----- > Von: Tom Worley [SMTP:stkguru@netside.net] > Gesendet am: Saturday, January 05, 2002 2:49 AM > An: canslim@lists.xmission.com > Betreff: [CANSLIM] My IBD interview > > Hi members, > > Just wanted all of you to know in advance that I did give permission for the use of an interview with Claire Mencke of IBD. The quotes are mine, and with permission. Don't know when it may appear, if at all, but she did provide me with a draft that I approved with comments, knowing all the while she is a reporter for IBD. Most of the content was from private email, what came from my posts to this group are with my permission. > > And no, I do not believe she is the observer of our group from IBD. She was very straight with me, and made no effort to take any of my ideas, thoughts, etc. without my permission. > > She also tells me that apparently HTMMIS 3rd edition STILL has not been released!! > > Tom Worley > stkguru@netside.net > AIM: TexWorley > << Datei: ATT00002.htm >> - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "walter nusbaum" Subject: Fw: [CANSLIM] Katherine Malm Date: 05 Jan 2002 11:12:44 -0600 Keith, John, Kent, Omigosh! I need to review Business Communications 101. I seem to have left the impression that I am connected to VectorVest(VV), which I am not. I took their 30 day trial last summer and have been receiving periodic notices since. At the time, I could not discern any great improvement over the tools that I was using, namely IBD, investors.com, and for group strength and speed: http://members.aol.com/~ranord/ Keith: Brookhaven is actually in Farmers Branch at 3333 Golfing Green Dr. Go north on Marsh Lane from Loop 635 for 4-5 lights, then left on Brookhaven Club Dr. to first stop sign; turn right and go past the tennis courts and you will come to the main building. Brookhaven can be reached at: (972) 243 6151. The admission fee is the price of the mandatory breakfast buffet and is in the neighborhood of ten bucks. John & Kent: Perhaps the problem arose when I referred to "our" Katherine. I meant the list's "our", not VV's. In any case, the above should clarify my original note and answer your questions. I apologize for any confusion that I have caused. Best wishes, Walt - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Lonnie Brauner" Subject: RE: [CANSLIM] Rubberband Sell Rule Date: 05 Jan 2002 11:45:38 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_0007_01C195DE.7EF2BC40 Content-Type: multipart/alternative; boundary="----=_NextPart_001_0008_01C195DE.7EF2BC40" ------=_NextPart_001_0008_01C195DE.7EF2BC40 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: 7bit Steve, I am just now catching up on some of the older posts about the R. Sell Rule and caught your comments on EXCEL and Yahoo and the data that was mentioned regarding the spread sheet that Tom W. attached. I have Excel 97 and would like to learn how to import the yahoo data into the spread sheet....could you offer some help? Thanks! Lonnie -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Steve Sent: Saturday, December 08, 2001 9:38 AM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] Rubberband Sell Rule Oh, and the volume percent column is based on the time of day, that calculation is on the 'Specs' worksheet, that is why it is so high right now, volume is at end of day yesterday but the day is only 1 hour old based on the time (weekend thing). -Steve ----- Original Message ----- From: John Maycock To: canslim@lists.xmission.com Sent: Saturday, December 08, 2001 9:42 AM Subject: RE: [CANSLIM] Rubberband Sell Rule Hi Steve: I would be interested. Does Yahoo have fundamental data available, such as raw EPS, cash flow per share etc? Thanks John -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Steve Sent: Saturday, December 08, 2001 5:53 AM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] Rubberband Sell Rule Katherine, I apoligize, but did you include an attachment with this, I did not seem to get it. If you did not, is there a formula that I am missing? --- Per another comment on this thread: "Is it possible to update the Excel spreadsheet to go get the data from QuotesPlus? That's what I was assuming you were doing earlier. If QuotesPlus were a free feed, then this would be a great addition to the spreadsheet" I use a web query through Excel 2000 and attach to yahoo. You can download any info you would like (that yahoo caries) directly into your spreadsheet almost in real-time. I have found it to be very timesaving. I could post it directly if anyone is interested. -Steve ----- Original Message ----- From: Tom Worley To: canslim@lists.xmission.com Sent: Saturday, December 08, 2001 8:17 AM Subject: Re: [CANSLIM] Rubberband Sell Rule Katherine, please confirm. Did you mean the 100 dMA or the 200 dMA? Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message ----- From: Katherine Malm To: CANSLIM List Posting Sent: Friday, December 07, 2001 1:49 PM Subject: [CANSLIM] Rubberband Sell Rule Here's a quick Excel spreadsheet for calculating triggers for stocks you may own. Enter, stock, recent base low, 50 dMA, 100 dMA and current Price. Katherine ------=_NextPart_001_0008_01C195DE.7EF2BC40 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Steve,
 
I am just now=20 catching up on some of the older posts about the R. Sell Rule and caught = your=20 comments on EXCEL and Yahoo and the data that was mentioned regarding = the spread=20 sheet that Tom W. attached.  I have Excel 97 and would like to = learn how to=20 import the yahoo data into the spread sheet....could you offer some=20 help? Thanks!

Lonnie

 
-----Original Message-----
From:=20 owner-canslim@lists.xmission.com=20 [mailto:owner-canslim@lists.xmission.com]On Behalf Of=20 Steve
Sent: Saturday, December 08, 2001 9:38 = AM
To:=20 canslim@lists.xmission.com
Subject: Re: [CANSLIM] Rubberband = Sell=20 Rule

Oh, and the volume percent column is = based on the=20 time of day, that calculation is on the 'Specs' worksheet, that is why = it is=20 so high right now, volume is at end of day yesterday but the day is = only 1=20 hour old based on the time (weekend thing).
 
-Steve
----- Original Message -----
From:=20 John = Maycock
Sent: Saturday, December 08, = 2001 9:42=20 AM
Subject: RE: [CANSLIM] = Rubberband Sell=20 Rule

Hi=20 Steve:

I=20 would be interested. Does Yahoo have fundamental data available, = such as raw=20 EPS, cash flow per share etc?

Thanks

John

 

 

-----Original=20 Message-----
From: owner-canslim@lists.xmis= sion.com=20 [mailto:owner-canslim@lists.xmission.com]On Behalf Of = Steve
Sent: Saturday, December 08, = 2001 5:53=20 AM
To: canslim@lists.xmission.com=
Subject: Re: [CANSLIM] = Rubberband Sell=20 Rule

 

Katherine, I=20 apoligize, but did you include an attachment with this, I did not = seem to=20 get it.  If you did not, is there a formula that I am=20 missing?

 

---

 

Per=20 another comment on this thread:

"Is=20 it possible to update the Excel spreadsheet to go get the data from=20 QuotesPlus? That's what I was assuming you were doing earlier. If = QuotesPlus=20 were a free feed, then this would be a great addition to the=20 spreadsheet"

 

I use=20 a web query through Excel 2000 and attach to yahoo.  You can = download=20 any info you would like (that yahoo caries) directly into your=20 spreadsheet almost in real-time.  I have found it to be very=20 timesaving.  I could post it directly if anyone is=20 interested.

 

-Steve

----- = Original=20 Message -----

From: Tom = Worley=20

To: canslim@lists.xmission.com= =20

Sent: = Saturday,=20 December 08, 2001 8:17 AM

Subject: Re: = [CANSLIM]=20 Rubberband Sell Rule

 

Katherine, please confirm. = Did you=20 mean the 100 dMA or the 200 dMA?

 

Tom Worley
stkguru@netside.net
AIM:=20 TexWorley

----- = Original=20 Message -----

From: Katherine=20 Malm

To: CANSLIM List=20 Posting

Sent: Friday, = December=20 07, 2001 1:49 PM

Subject: = [CANSLIM]=20 Rubberband Sell Rule

 

Here's a = quick=20 Excel spreadsheet for calculating triggers for stocks you may=20 own.

 

Enter, = stock,=20 recent base low, 50 dMA, 100 dMA and current = Price.

 

Katherine

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Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Bill Triffet" Subject: Re: [CANSLIM] Worley's Weekend Weeview Date: 05 Jan 2002 10:05:24 -0800 Tom, As always thanks for the Weeview! I might add as a personal manufacturing note that I'm an NC Programmer (write code for metal cutting machines) for a mid-sized aerospace machine shop. We have Boeing (sic), BAE, Lockheed, etc... as customers. Since 9/11 (and well before that) Boeing commercial shrank most of it's orders forcing a layoff of 10% of the workforce (now 40 people). We were 50% in their commercial work. What we're experiencing now is 65-70 hrs weeks on smaller orders but with compressed (killer!) delivery dates. In other words; more orders of smaller quantities. We may even bring back a couple guys this month. This I'm told, is the latest way to avoid large inventories by our customers. It is also a more expensive way to manufacture so we'll see how long the bean counters in Seattle keep this up. Amazingly, the F22 project is finally breaking loose a bit (years later...). The Joint Strike Fighter, will take some time to get going but hopefully it will continue the funding it needs. Till then, I see lots of smaller orders as opposed to large ones. It of course makes for a scheduling nightmare for us little guys. (g) -Bill Triffet ----- Original Message ----- Sent: Saturday, January 05, 2002 6:02 AM >>THINGS I DIDN'T KNOW ABOUT!! The NAPM (Nat'l Assn of Purchasing Managers) is now ISM (Institute of Supply Management). Almost overlooked a powerful report because I didn't know the new acronym. Reported on Wednesday that its index for December jumped to 48.2 from 44.5 (expected was 45.8). Anything over 50 indicates expansion in this most important index of major manufacturing activity (and that leads eventually to renewed employment, which used to warn of inflation and now signals consumer spending). This index has been below 50 for 17 straight months (indicating contraction), and hit a ten year low in October. One month doesn't make a trend, but does bring us close to a shift from slowing contraction, to gaining expansion. Manufacturing has suffered the greatest damage from the economic slowdown, as well as losing the largest number of jobs. Within the overall index, the New Orders portion rose from 48.8 to 54.9, highest in 19 months. Inventories also continued to shrink from 37.9 to 37.7 (gotta shrink before manufacturers start increasing production, so these two pieces of the overall picture are both moving in the right direction). << - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Dave" Subject: RE: [CANSLIM] Market Date: 05 Jan 2002 13:22:13 -0500 I own CHKP. In my opinion, when the technology spending returns, security is going to be at the very top of many I.T. managers' lists. CHKP is the clear leader. On a technical basis, CHKP has a quasi-CH pattern beginning in August, is above its 50 DMA and is on the verge of breaking out. I think CANSLIM is great but IMO there is no reason to use it exclusively. My biggest single gain in the market was buying CSCO in 1991 solely because I was in the networking field and knew their technology was superior. At the time I knew nothing about the stock market. Maybe it was dumb luck, but I prefer to think that common sense and personal experience can sometimes lead you to big winners that do not (yet) meet strict CANSLIM criteria. > -----Original Message----- > From: owner-canslim@lists.xmission.com > [mailto:owner-canslim@lists.xmission.com]On Behalf Of Andreas > Himmelreich > Sent: Saturday, January 05, 2002 10:34 AM > To: 'canslim@lists.xmission.com' > Subject: AW: [CANSLIM] Market > > > Yep, once in a while I ask my selft if I should stick to CANSLIM. > > I was hot on DFXI, CHKP and a lots of other EPS 99ers 2 months ago, why not go > into them just on a projection point of view? - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "dannygottlieb" Subject: Re: [CANSLIM] TOTALLY OFF TOPIC!! Date: 05 Jan 2002 20:33:24 +0200 This is a multi-part message in MIME format. ------=_NextPart_000_0094_01C19628.38E9F700 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable As a U of Miami alumnus, 1976, all I can say isGo Canes!!=20 ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Friday, January 04, 2002 6:42 AM Subject: [CANSLIM] TOTALLY OFF TOPIC!! MIAMI HURRICANES ARE #1 - NATIONAL CHAMPIONS =20 Miami 37 Nebraska 14 =20 Total domination, words are cheap, final score says it all =20 Tom Worley stkguru@netside.net AIM: TexWorley ------=_NextPart_000_0094_01C19628.38E9F700 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
As a U of Miami alumnus, 1976, = all I can say=20 isGo Canes!!
----- Original Message -----
From:=20 Tom = Worley=20
To: canslim@lists.xmission.com =
Sent: Friday, January 04, 2002 = 6:42=20 AM
Subject: [CANSLIM] TOTALLY OFF=20 TOPIC!!

MIAMI HURRICANES ARE #1 - NATIONAL=20 CHAMPIONS
 
Miami 37
Nebraska 14
 
Total domination, words are cheap, final score = says it=20 all
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
------=_NextPart_000_0094_01C19628.38E9F700-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: AW: [CANSLIM] Market Date: 05 Jan 2002 20:26:56 +0100 Dave, Well, if you bought cisco in 1991 and hold it for long, then you made the investment of your live. Good points you make !!! Andreas P.S. Have a great Weekend !!! > -----Ursprungliche Nachricht----- > Von: Dave [SMTP:drubin@i-2000.com] > Gesendet am: Saturday, January 05, 2002 7:22 PM > An: canslim@lists.xmission.com > Betreff: RE: [CANSLIM] Market > > I own CHKP. In my opinion, when the technology spending returns, security > is going to be at the very top of many I.T. managers' lists. CHKP is the > clear leader. On a technical basis, CHKP has a quasi-CH pattern beginning > in August, is above its 50 DMA and is on the verge of breaking out. > > I think CANSLIM is great but IMO there is no reason to use it exclusively. > My biggest single gain in the market was buying CSCO in 1991 solely > because I was in the networking field and knew their technology was > superior. At the time I knew nothing about the stock market. Maybe it was > dumb luck, but I prefer to think that common sense and personal experience > can sometimes lead you to big winners that do not (yet) meet strict > CANSLIM criteria. > > > > -----Original Message----- > > From: owner-canslim@lists.xmission.com > > [mailto:owner-canslim@lists.xmission.com]On Behalf Of Andreas > > Himmelreich > > Sent: Saturday, January 05, 2002 10:34 AM > > To: 'canslim@lists.xmission.com' > > Subject: AW: [CANSLIM] Market > > > > > > Yep, once in a while I ask my selft if I should stick to CANSLIM. > > > > I was hot on DFXI, CHKP and a lots of other EPS 99ers 2 months ago, why > not go > > into them just on a projection point of view? > > > - > -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. ------------------------------------------------------------------------------- From: "Dave" Subject: RE: [CANSLIM] Market Date: 05 Jan 2002 14:37:02 -0500 Acutally the CANSLIM sell rules would have been very useful had I known them. I sold shares on several occasions at the wrong time, just before the stock went on to big gains. But profits are profits, and thankfully I still have a nice chunk left :) > -----Original Message----- > From: owner-canslim@lists.xmission.com > [mailto:owner-canslim@lists.xmission.com]On Behalf Of Andreas > Himmelreich > Sent: Saturday, January 05, 2002 2:27 PM > To: 'canslim@lists.xmission.com' > Subject: AW: [CANSLIM] Market > > > Dave, > > Well, if you bought cisco in 1991 and hold it for long, then > you made the investment of your live. > Good points you make !!! > > Andreas > > P.S. Have a great Weekend !!! > > > -----Ursprungliche Nachricht----- > > Von: Dave [SMTP:drubin@i-2000.com] > > Gesendet am: Saturday, January 05, 2002 7:22 PM > > An: canslim@lists.xmission.com > > Betreff: RE: [CANSLIM] Market > > > > I own CHKP. In my opinion, when the technology spending > returns, security > > is going to be at the very top of many I.T. managers' lists. > CHKP is the > > clear leader. On a technical basis, CHKP has a quasi-CH > pattern beginning > > in August, is above its 50 DMA and is on the verge of breaking out. > > > > I think CANSLIM is great but IMO there is no reason to use it > exclusively. > > My biggest single gain in the market was buying CSCO in 1991 solely > > because I was in the networking field and knew their technology was > > superior. At the time I knew nothing about the stock market. > Maybe it was > > dumb luck, but I prefer to think that common sense and > personal experience > > can sometimes lead you to big winners that do not (yet) meet strict > > CANSLIM criteria. > > > > > > > -----Original Message----- > > > From: owner-canslim@lists.xmission.com > > > [mailto:owner-canslim@lists.xmission.com]On Behalf Of Andreas > > > Himmelreich > > > Sent: Saturday, January 05, 2002 10:34 AM > > > To: 'canslim@lists.xmission.com' > > > Subject: AW: [CANSLIM] Market > > > > > > > > > Yep, once in a while I ask my selft if I should stick to CANSLIM. > > > > > > I was hot on DFXI, CHKP and a lots of other EPS 99ers 2 > months ago, why > > not go > > > into them just on a projection point of view? > > > > > > - > > -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. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: [CANSLIM] Breakouts and Patterns Date: 05 Jan 2002 21:00:24 +0100 Since August I am kind of using CANSLIM and since then I never saw so many stocks breaking out or building bases. Opinions? - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Jerry Weiss Subject: Re: [CANSLIM] Breakouts and Patterns Date: 05 Jan 2002 14:26:37 -0600 Andreas: My guess is that because of the deflationary era we've entered, many of these will be long term bases. Jer ----- Original Message ----- Sent: Saturday, January 05, 2002 2:00 PM > Since August I am kind of using CANSLIM and since then I never saw so many stocks breaking out or building bases. > Opinions? > > - > -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. ------------------------------------------------------------------------------- From: "Dan Forant" Subject: Re: [CANSLIM] Breakouts and Patterns Date: 05 Jan 2002 17:26:21 -0500 Also since August didn't many B/O and crash also??? For that reason I wasn't concentrating on Canslim just short term chart patterns of all types. DanF ----- Original Message ----- Sent: Saturday, January 05, 2002 3:00 PM > Since August I am kind of using CANSLIM and since then I never saw so many stocks breaking out or building bases. > Opinions? > > - > -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. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: AW: [CANSLIM] Breakouts and Patterns Date: 06 Jan 2002 02:50:06 +0100 Now, I mean right now there are a lot of BOs and a fair amount is holding up .... > -----Ursprungliche Nachricht----- > Von: Dan Forant [SMTP:dforant1@nycap.rr.com] > Gesendet am: Saturday, January 05, 2002 11:26 PM > An: canslim@lists.xmission.com > Betreff: Re: [CANSLIM] Breakouts and Patterns > > Also since August didn't many B/O and crash also??? For that reason I wasn't > concentrating on Canslim just short term chart patterns of all types. > > DanF > ----- Original Message ----- > From: "Andreas Himmelreich" > To: > Sent: Saturday, January 05, 2002 3:00 PM > Subject: [CANSLIM] Breakouts and Patterns > > > > Since August I am kind of using CANSLIM and since then I never saw so many > stocks breaking out or building bases. > > Opinions? > > > > - > > -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. ------------------------------------------------------------------------------- From: Robert Subject: [CANSLIM] Acc/dis Numbers -- Market Stable -- numbers returning to more normal Date: 05 Jan 2002 22:27:21 -0500 ------ =_NextPart_000_01C19638.255EF680 Content-Type: text/plain; charset="us-ascii" Content-Transfer-Encoding: 7bit Hello everyone: Here are this weeks Acc/Dis numbers. The market is currently in a stable condition. The differant groups have come back into a normal alighment. I have not found a reason why they went "wild" after Christmas. spread sheet version Date,A,B,C,D,E,% of AB/A:E,%E,Market Posture 12/24/01,943,2464,1016,722,280,63%,5%,Market stable 12/26/01,1530,1791,812,744,570,61%,10%,Market in correction 12/27/01,1535,1800,805,749,562,61%,10%,Market in correction 12/28/01,1558,1817,786,752,543,62%,10%,Market in correction 12/31/01,1586,1846,803,742,504,63%,9%,Market stable 1/2/02,1014,2552,1038,664,213,65%,4%,Market stable 1/3/02,977,2568,1083,677,213,64%,4%,Market stable 1/4/02,943,2583,1112,686,186,64%,3%,Market stable 1/7/02,986,2657,1051,646,180,66%,3%,Market stable Robert ------ =_NextPart_000_01C19638.255EF680-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Gene Ricci Subject: [CANSLIM] Managing Risk by Position Size Date: 06 Jan 2002 10:49:28 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_03E5_01C1969F.D0528540 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Here's a free site to help with position sizing. It also has a neat FREE = RLR Risk Manager tool.=20 http://www.rightline.net/education/managingrisk.html Check it out, Gene=20 ------=_NextPart_000_03E5_01C1969F.D0528540 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Here's a free = site to help=20 with position sizing. It also has a neat FREE RLR Risk Manager tool.=20


http://www.rightline.net/education/managingrisk.html
Check it out,
Gene=20
------=_NextPart_000_03E5_01C1969F.D0528540-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: AW: [CANSLIM] Point of View: Why bother with fundamentals? Date: 07 Jan 2002 00:48:33 +0100 Gene, did you find out more about Wiztrade? Thank you Andreas > -----Ursprungliche Nachricht----- > Von: Gene Ricci [SMTP:genr@swbell.net] > Gesendet am: Monday, December 17, 2001 10:32 PM > An: canslim@lists.xmission.com > Betreff: Re: [CANSLIM] Point of View: Why bother with fundamentals? > > Tom, I spoke with WizeTrade a few minutes ago and they told me that fundamentals were required for position trading (1 - 4 months+). One of their most successful position traders selects his candidates from Daily Graphs AFTER they pass the following criteria: > > i. STOCK PRICE BETWEEN $10 AND $60 > ii. AVERAGE VOLUME >= 400,000 shares per day > iii. TIMELINESS = A > iv. ACCUMULATION = A or B > v. SMR RATING = 60-99 or (A/B)* > vi. GROUP RATING = 60-99 or (A/B)* > vii. RS >= 79 > > * Note: DGO in some reports will grade items as A,B,C etc. and in another report will grade the same item numerically. A score of 60-79 = B and 80-99=A. A score of 60 or higher means that it is at least a rating of B. > > He also uses Stockcharts and MA's to make the final decision as to the candidates that move on to WT. > > Haven't seen any data that 'tells' me that using fundamentals for intermediate or swing trading is bad!!! So ...even if using them is nothing more than a placebo, they make me feel good, so why not continue to use them... that's the easiest and most structured part of the process.... chart reading by my definition being the most difficult. > > K. what have you learned from this banter? > > Gene > > > > ----- Original Message ----- > From: Tom Worley > To: canslim@lists.xmission.com > Sent: Sunday, December 16, 2001 7:24 PM > Subject: Re: [CANSLIM] Point of View: Why bother with fundamentals? > > > Gene, > > It all depends on whether you have the time and stamina to day trade, or you are trying to invest. If the former, go with WizeTrade. If the latter, find something that works beyond a few hours or a few days. > > I have known a number of day traders over the years, and none used fundies, most didn't even know what the company did for business. Ignored sector or industry group, earnings (past or future), RS, etc. Several didn't even really know how to read a chart, simply relied on current momentum. The ones that did it professionally spent upwards of 10 hours a day in front of their monitor(s). One had 7 different monitors and two TVs he tried to watch continuously. > > Tom Worley > stkguru@netside.net > AIM: TexWorley > > ----- Original Message ----- > From: Gene Ricci > To: canslim@lists.xmission.com > Sent: Sunday, December 16, 2001 5:23 PM > Subject: Re: [CANSLIM] Point of View: Why bother with fundamentals? > > > K, thanks for the clarification. > > A couple of weeks ago I would have said 'no fundamentals... are you kidding me'. > > I've had several discussions over the past 2-3 weeks and as recently as last Thursday, I was told to think 'out of the box' by a VP at WizeTrade. I signed up for their 30-day trial (week ago) and was in his office 'showing' him the shortcomings of his system. He showed me a sign that said... price is determined by buyers and sellers. He went on to say that all I had to do was to look at the Green (buy) and Red (sell) indicators.... green means more buyers than sellers and red more sellers than buyers. The program has charts.... felt better when I found that out.... turns out the charts were just time intervals intraday, day, week, month.... the lines on the chart were green and red. When the green crossed up over red, time to buy.... when red over green it's time to sell. > > From WizeTrade home page or links. > > The green line and the red line are summation formulas and not price lines or graphs > > "No, WizetradeT is not based on "moving averages." WizetradeT uses seven key technical indicators to perform its complex "real-time" calculations at the rate of 800-1500 calculations per second. The seven key indicators are the previous day's closing price, the current day's opening price, high, low, every up tick, every down tick - which are then exponentially weighted to volume." > > How can this system work, no fundamentals, stochastic, MACD, candlesticks, CANSLIM, etc.?? They seem to take pride in buying companies that they don't know much about or what the symbol stands for.... they do take pride in the fact that their software tells them immediately when there are more buyers than sellers, etc. .... BTW, they signaled to get out of ENE at 80+. > > I was told that fundamentals were nothing more than a time waster and a poor placebo (in a nice way). > > I'm interested in learning 'the truth'. Certainly would be nice to quit looking at fundamentals and all that research as well as spending money on DGO/IBD.... etc. WizeTrade also eliminates the need to track or know anything about sector rotation.... their buyers and sellers tell them all that. > > Is it possible that I've been wasting my time looking for data to support what I call a good company? > > Naw, can't be! > > Guess I'll just have to try to understand how and if their system works.... over the holidays. > > Disclaimer: I don't work for them and until my trial is over, I'm not even a customer. > Gene > ----- Original Message ----- > From: Katherine Malm > To: canslim@lists.xmission.com > Sent: Sunday, December 16, 2001 2:55 PM > Subject: Re: [CANSLIM] Point of View: Why bother with fundamentals? > > > That would mean any selection criteria that depended on something other than price/volume/volatility technical indicators. > > Katherine > ----- Original Message ----- > From: Gene Ricci > To: canslim@lists.xmission.com > Sent: Sunday, December 16, 2001 3:14 PM > Subject: Re: [CANSLIM] Point of View: Why bother with fundamentals? > > > Please define "any sort of fundamental analysis"... > > Thanks, > Gene > > ----- Original Message ----- > From: Katherine Malm > To: canslim@lists.xmission.com > Sent: Sunday, December 16, 2001 10:12 AM > Subject: [CANSLIM] Point of View: Why bother with fundamentals? > > > Proposed: > > If a typical CANSLIM/Intermediate term move in a stock lasts only a few weeks, and in good markets, only a few months, why bother selecting portfolio candidates using any sort of fundamental analysis? Returns in this time period are strictly based on price movement and can be maximized based on technical indicators and price/volume action alone. > > Thoughts pro/con? > > Katherine > << Datei: ATT00017.htm >> - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Surindra" Subject: RE: [CANSLIM] where was everyone! Date: 06 Jan 2002 21:43:08 -0500 To the tune of Don McLean's "American Pie" Humble Pie ------------------ A long, long week ago I can still remember how the market used to make me smile What I'd do when I had the chance Is get myself a cash advance And add another tech stock to the pile. But Alan Greenspan made me shiver With every speech that he delivered Bad news on the rate front Still I'd take one more punt I can't remember if I cried When I heard about the CPI I lost my fortune and my pride The day the NASDAQ died So bye-bye to my piece of the pie Now I'm gettin' calls for margin 'Cause my cash account's dry It's just two weeks from a new all-time high And now we're right back where we were in July We're right back where we were in July Did you buy stocks you never heard of? QCOM at 150 or above? 'Cos George Gilder told you so Now do you believe in Home Depot? Can Wal-Mart save your portfolio? And can you teach me what's a P/E ratio? Well, I know that you were leveraged too So you can't just take a long-term view Your broker shut you down No more margin could be found I never worried on the whole way up Buying dot coms from the back of a pickup truck But Friday I ran out of luck It was the day the NAAAASDAQ died I started singin' Bye-bye to my piece of the pie Now I'm gettin' calls for margin 'Cause my cash account's dry It's just two weeks from a new all-time high And now we're right back where we were in July Yeah we're right back where we were in July Is it time to get back into CD's?????? -----Original Message----- [mailto:owner-canslim@lists.xmission.com] On Behalf Of Ian Sent: Thursday, January 03, 2002 4:51 PM Scouring my lists for increasing volume. It seems we are in manic bull mode again and I want to partake. My VR fund is up almost 4% today (even with 30% cash), but my real accounts are heavily cash (I finally lightened some ELTE today), so I'm missing out. I'm looking for breakouts. Ian ----- Original Message ----- Sent: Thursday, January 03, 2002 9:39 AM > where is everyone? > > - > -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!? Get your free @yahoo.com address at http://mail.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. ------------------------------------------------------------------------------- From: Gene Ricci Subject: Re: [CANSLIM] Point of View: Why bother with fundamentals? Date: 06 Jan 2002 21:20:55 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_00B6_01C196F8.070CCDE0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Andreas, I found enough to convince me that watching blinking lights = wasn't for me, I prefer to use candlesticks with support/resistance. =20 Main Issues: a). WizeFinder can not select stocks with good fundamentals = (volume/price only) b). WizeFinder can not find strong uptrending stocks on a pullback c). WizeTrade's visual subjectivity makes system testing almost = impossible=20 to determine system reliability, expectancy, etc. d) No support/resistance lines on any of the charts e) lines are charts do not represent price f) software stability Best for someone with no knowledge of TA (IMHO). Gene ----- Original Message -----=20 From: Andreas Himmelreich=20 To: 'canslim@lists.xmission.com'=20 Sent: Sunday, January 06, 2002 5:48 PM Subject: AW: [CANSLIM] Point of View: Why bother with fundamentals? Gene, did you find out more about Wiztrade? Thank you Andreas > -----Ursprungliche Nachricht----- > Von: Gene Ricci [SMTP:genr@swbell.net] > Gesendet am: Monday, December 17, 2001 10:32 PM > An: canslim@lists.xmission.com > Betreff: Re: [CANSLIM] Point of View: Why bother with fundamentals? > > Tom, I spoke with WizeTrade a few minutes ago and they told me that=20 fundamentals were required for position trading (1 - 4 months+). One = of=20 their most successful position traders selects his candidates from = Daily=20 Graphs AFTER they pass the following criteria: > > i. STOCK PRICE BETWEEN $10 AND $60 > ii. AVERAGE VOLUME >=3D 400,000 shares per day > iii. TIMELINESS =3D A > iv. ACCUMULATION =3D A or B > v. SMR RATING =3D 60-99 or (A/B)* > vi. GROUP RATING =3D 60-99 or (A/B)* > vii. RS >=3D 79 > > * Note: DGO in some reports will grade items as A,B,C etc. and in = another=20 report will grade the same item numerically. A score of 60-79 =3D B = and=20 80-99=3DA. A score of 60 or higher means that it is at least a rating = of B. > > He also uses Stockcharts and MA's to make the final decision as to = the=20 candidates that move on to WT. > > Haven't seen any data that 'tells' me that using fundamentals for=20 intermediate or swing trading is bad!!! So ...even if using them is = nothing=20 more than a placebo, they make me feel good, so why not continue to = use=20 them... that's the easiest and most structured part of the process.... = chart reading by my definition being the most difficult. > > K. what have you learned from this banter? > > Gene > > > > ----- Original Message ----- > From: Tom Worley > To: canslim@lists.xmission.com > Sent: Sunday, December 16, 2001 7:24 PM > Subject: Re: [CANSLIM] Point of View: Why bother with = fundamentals? > > > Gene, > > It all depends on whether you have the time and stamina to day = trade,=20 or you are trying to invest. If the former, go with WizeTrade. If the=20 latter, find something that works beyond a few hours or a few days. > > I have known a number of day traders over the years, and none used = fundies, most didn't even know what the company did for business. = Ignored=20 sector or industry group, earnings (past or future), RS, etc. Several=20 didn't even really know how to read a chart, simply relied on current=20 momentum. The ones that did it professionally spent upwards of 10 = hours a=20 day in front of their monitor(s). One had 7 different monitors and two = TVs=20 he tried to watch continuously. > > Tom Worley > stkguru@netside.net > AIM: TexWorley > > ----- Original Message ----- > From: Gene Ricci > To: canslim@lists.xmission.com > Sent: Sunday, December 16, 2001 5:23 PM > Subject: Re: [CANSLIM] Point of View: Why bother with = fundamentals? > > > K, thanks for the clarification. > > A couple of weeks ago I would have said 'no fundamentals... are = you=20 kidding me'. > > I've had several discussions over the past 2-3 weeks and as = recently=20 as last Thursday, I was told to think 'out of the box' by a VP at=20 WizeTrade. I signed up for their 30-day trial (week ago) and was in = his=20 office 'showing' him the shortcomings of his system. He showed me a = sign=20 that said... price is determined by buyers and sellers. He went on to = say=20 that all I had to do was to look at the Green (buy) and Red (sell)=20 indicators.... green means more buyers than sellers and red more = sellers=20 than buyers. The program has charts.... felt better when I found that=20 out.... turns out the charts were just time intervals intraday, day, = week,=20 month.... the lines on the chart were green and red. When the green = crossed=20 up over red, time to buy.... when red over green it's time to sell. > > From WizeTrade home page or links. > > The green line and the red line are summation formulas and not = price=20 lines or graphs > > "No, WizetradeT is not based on "moving averages." = WizetradeT=20 uses seven key technical indicators to perform its complex "real-time" = calculations at the rate of 800-1500 calculations per second. The = seven key=20 indicators are the previous day's closing price, the current day's = opening=20 price, high, low, every up tick, every down tick - which are then=20 exponentially weighted to volume." > > How can this system work, no fundamentals, stochastic, MACD,=20 candlesticks, CANSLIM, etc.?? They seem to take pride in buying = companies=20 that they don't know much about or what the symbol stands for.... they = do=20 take pride in the fact that their software tells them immediately when = there are more buyers than sellers, etc. .... BTW, they signaled to = get out=20 of ENE at 80+. > > I was told that fundamentals were nothing more than a time = waster and=20 a poor placebo (in a nice way). > > I'm interested in learning 'the truth'. Certainly would be nice = to=20 quit looking at fundamentals and all that research as well as spending = money on DGO/IBD.... etc. WizeTrade also eliminates the need to track = or=20 know anything about sector rotation.... their buyers and sellers tell = them=20 all that. > > Is it possible that I've been wasting my time looking for data = to=20 support what I call a good company? > > Naw, can't be! > > Guess I'll just have to try to understand how and if their = system=20 works.... over the holidays. > > Disclaimer: I don't work for them and until my trial is over, = I'm not=20 even a customer. > Gene > ----- Original Message ----- > From: Katherine Malm > To: canslim@lists.xmission.com > Sent: Sunday, December 16, 2001 2:55 PM > Subject: Re: [CANSLIM] Point of View: Why bother with = fundamentals? > > > That would mean any selection criteria that depended on = something=20 other than price/volume/volatility technical indicators. > > Katherine > ----- Original Message ----- > From: Gene Ricci > To: canslim@lists.xmission.com > Sent: Sunday, December 16, 2001 3:14 PM > Subject: Re: [CANSLIM] Point of View: Why bother with=20 fundamentals? > > > Please define "any sort of fundamental analysis"... > > Thanks, > Gene > > ----- Original Message ----- > From: Katherine Malm > To: canslim@lists.xmission.com > Sent: Sunday, December 16, 2001 10:12 AM > Subject: [CANSLIM] Point of View: Why bother with = fundamentals? > > > Proposed: > > If a typical CANSLIM/Intermediate term move in a stock = lasts=20 only a few weeks, and in good markets, only a few months, why bother=20 selecting portfolio candidates using any sort of fundamental analysis? = Returns in this time period are strictly based on price movement and = can be=20 maximized based on technical indicators and price/volume action alone. > > Thoughts pro/con? > > Katherine > << Datei: ATT00017.htm >>=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. ------=_NextPart_000_00B6_01C196F8.070CCDE0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Andreas, I found enough to convince me = that=20 watching blinking lights wasn't for me, I prefer to use candlesticks = with=20 support/resistance.  
 
Main = Issues:
a).=20 WizeFinder can not select stocks with good fundamentals (volume/price=20 only)
b). WizeFinder can not find strong uptrending stocks on a=20 pullback
c). WizeTrade's visual subjectivity makes system testing = almost=20 impossible
to determine system reliability, expectancy, etc.
d) = No=20 support/resistance lines on any of the charts
e) = lines are charts=20 do not represent price
f) software stability
 
Best for someone with no knowledge of = TA=20 (IMHO).
 
Gene
 
 
----- Original Message -----
From:=20 Andreas = Himmelreich
Sent: Sunday, January 06, 2002 = 5:48=20 PM
Subject: AW: [CANSLIM] Point of = View: Why=20 bother with fundamentals?

Gene,

did you find out more about = Wiztrade?

Thank=20 you

Andreas

> -----Ursprungliche = Nachricht-----
> Von:=20 Gene Ricci [SMTP:genr@swbell.net]
> Gesendet am: Monday, = December 17,=20 2001 10:32 PM
> An: canslim@lists.xmission.com=
>=20 Betreff: Re: [CANSLIM] Point of View: Why bother with=20 fundamentals?
>
> Tom, I spoke with WizeTrade a few = minutes ago=20 and they told me that
fundamentals were required  for = position=20 trading (1 - 4 months+). One of
their most successful position = traders=20 selects his  candidates from Daily
Graphs AFTER they pass the = following criteria:
>
> =20 = i.            = ;   =20 STOCK PRICE BETWEEN $10 AND $60
>=20 ii.            = AVERAGE=20 VOLUME >=3D 400,000 shares per day
>=20 iii.        TIMELINESS =3D = A
>=20 iv.           =20 ACCUMULATION =3D A or B
>=20 = v.            = ;   =20 SMR RATING =3D 60-99 or (A/B)*
>=20 vi.            = GROUP=20 RATING =3D 60-99 or (A/B)*
>=20 vii.        RS >=3D = 79
>
> *=20 Note: DGO in some reports will grade items as A,B,C etc. and in = another=20
report will grade the same item numerically. A score of 60-79 =3D = B and=20
80-99=3DA. A score of 60 or higher means that it is at least a = rating of=20 B.
>
> He also uses Stockcharts and MA's to make the final = decision as to the
candidates that move on to WT.
>
> = Haven't=20 seen any data that 'tells' me that using fundamentals for =
intermediate or=20 swing trading is bad!!! So ...even if using them is nothing
more = than a=20 placebo, they make me feel good,  so why not continue to use =
them...=20 that's the easiest and most structured part of the process.... =
chart=20 reading by my definition being the most difficult.
>
> K. = what=20 have you learned from this banter?
>
>=20 Gene
>
>
>
>   ----- Original = Message=20 -----
>   From: Tom Worley
>   To: canslim@lists.xmission.com=
>  =20 Sent: Sunday, December 16, 2001 7:24 PM
>   Subject: = Re:=20 [CANSLIM] Point of View: Why bother with=20 fundamentals?
>
>
>  =20 Gene,
>
>   It all depends on whether you have = the time=20 and stamina to day trade,
or you are trying to invest. If the = former, go=20 with WizeTrade. If the
latter, find something that works beyond a = few=20 hours or a few days.
>
>   I have known a number = of day=20 traders over the years, and none used
fundies, most didn't even = know what=20 the company did for business. Ignored
sector or industry group, = earnings=20 (past or future), RS, etc. Several
didn't even really know how to = read a=20 chart, simply relied on current
momentum. The ones that did it=20 professionally spent upwards of 10 hours a
day in front of their=20 monitor(s). One had 7 different monitors and two TVs
he tried to = watch=20 continuously.
>
>   Tom = Worley
>   stkguru@netside.net
> =  =20 AIM: TexWorley
>
>     ----- Original = Message=20 -----
>     From: Gene=20 Ricci
>     To: canslim@lists.xmission.com=
>    =20 Sent: Sunday, December 16, 2001 5:23 = PM
>    =20 Subject: Re: [CANSLIM] Point of View: Why bother with=20 fundamentals?
>
>
>     K, = thanks for=20 the clarification.
>
>     A couple of = weeks=20 ago I would have said 'no fundamentals... are you
kidding=20 me'.
>
>     I've had several = discussions over=20 the past 2-3 weeks and as recently
as last Thursday, I was told to = think=20 'out of the box' by a VP at
WizeTrade. I signed up for their = 30-day trial=20 (week ago) and was in his
office 'showing' him the shortcomings of = his=20 system. He showed me a sign
that said... price is determined by = buyers and=20 sellers. He went on to say
that all I had to do was to look at the = Green=20 (buy) and Red (sell)
indicators.... green means more buyers than = sellers=20 and red more sellers
than buyers. The program has charts.... felt = better=20 when I found that
out.... turns out the charts were just time = intervals=20 intraday, day, week,
month.... the lines on the chart were green = and red.=20 When the green crossed
up over red, time to buy.... when red over = green=20 it's time to sell.
>
>     From = WizeTrade home=20 page or links.
>
>      The green = line=20 and the red line are summation formulas and not price
lines or=20 = graphs
>
>        &nb= sp; =20 "No, WizetradeT is not based on "moving averages." WizetradeT
uses = seven=20 key technical indicators to perform its complex "real-time" =
calculations=20 at the rate of 800-1500 calculations per second. The seven key =
indicators=20 are the previous day's closing price, the current day's opening =
price,=20 high, low, every up tick, every down tick - which are then =
exponentially=20 weighted to volume."
>
>     How can = this=20 system work, no fundamentals, stochastic, MACD,
candlesticks, = CANSLIM,=20 etc.?? They seem to take pride in buying companies
that they don't = know=20 much about or what the symbol stands for.... they do
take pride in = the=20 fact that their software tells them immediately when
there are = more buyers=20 than sellers, etc. .... BTW, they signaled to get out
of ENE at=20 80+.
>
>     I was told that = fundamentals were=20 nothing more than a time waster and
a poor placebo (in a nice=20 way).
>
>     I'm interested in = learning 'the=20 truth'. Certainly would be nice to
quit looking at fundamentals = and all=20 that research as well as spending
money on DGO/IBD.... etc. = WizeTrade also=20 eliminates the need to track or
know anything about sector = rotation....=20 their buyers and sellers tell them
all=20 that.
>
>     Is it possible that I've = been=20 wasting my time looking for data to
support what I call a good=20 company?
>
>     Naw, can't=20 be!
>
>     Guess I'll just have to = try to=20 understand how and if their system
works.... over the=20 holidays.
>
>     Disclaimer: I don't = work for=20 them and until my trial is over, I'm not
even a=20 customer.
>    =20 Gene
>       ----- Original = Message=20 -----
>       From: Katherine=20 Malm
>       To: canslim@lists.xmission.com=
>      =20 Sent: Sunday, December 16, 2001 2:55=20 PM
>       Subject: Re: [CANSLIM] = Point of=20 View: Why bother with=20 = fundamentals?
>
>
>      = That=20 would mean any selection criteria that depended on something
other = than=20 price/volume/volatility technical=20 indicators.
>
>      =20 Katherine
>         = -----=20 Original Message = -----
>        =20 From: Gene = Ricci
>         To:=20 canslim@lists.xmission.com=
>        =20 Sent: Sunday, December 16, 2001 3:14=20 PM
>         Subject: = Re:=20 [CANSLIM] Point of View: Why bother with=20 =
fundamentals?
>
>
>     &n= bsp;  =20 Please define "any sort of fundamental=20 = analysis"...
>
>       &nb= sp;=20 Thanks,
>        =20 = Gene
>
>         = ; =20 ----- Original Message=20 = -----
>          = =20 From: Katherine=20 = Malm
>           = canslim@lists.xmission.com=
>          =20 Sent: Sunday, December 16, 2001 10:12=20 AM
>           = Subject: [CANSLIM] Point of View: Why bother with=20 = fundamentals?
>
>
>      =     =20 = Proposed:
>
>        =   =20 If a typical CANSLIM/Intermediate term move in a stock lasts
only = a few=20 weeks, and in good markets, only a few months, why bother =
selecting=20 portfolio candidates using any sort of fundamental analysis? =
Returns in=20 this time period are strictly based on price movement and can be =
maximized=20 based on technical indicators and price/volume action=20 = alone.
>
>        &nb= sp; =20 Thoughts=20 = pro/con?
>
>        &= nbsp; =20 Katherine
>  << Datei: ATT00017.htm >> =

-
-To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your email.
------=_NextPart_000_00B6_01C196F8.070CCDE0-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: BIKEAR@aol.com Subject: Re: [CANSLIM] Worley's Weekend Weeview-Tom Date: 07 Jan 2002 14:18:00 EST could you please send your list again...thanks - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: [CANSLIM] I-Watch Date: 07 Jan 2002 13:28:51 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_0223_01C1977F.3EA31340 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable FYI/Reference materials: Here's an interesting site that shows institutional block trading vs. = retail. Here's an example using EPIQ: http://iw.thomsonfn.com/iwatch/cgi-bin/iw_ticker?ticker=3Depiq Katherine ------=_NextPart_000_0223_01C1977F.3EA31340 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
FYI/Reference materials:
 
Here's an interesting site that shows institutional block trading = vs.=20 retail. Here's an example using EPIQ:
 
h= ttp://iw.thomsonfn.com/iwatch/cgi-bin/iw_ticker?ticker=3Depiq
 
Katherine
------=_NextPart_000_0223_01C1977F.3EA31340-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tangen, Eric" Subject: RE: [CANSLIM] I-Watch Date: 07 Jan 2002 15:09:27 -0500 This message is in MIME format. Since your mail reader does not understand this format, some or all of this message may not be legible. ------_=_NextPart_001_01C197B7.35684600 Content-Type: text/plain; charset="iso-8859-1" This is waaaay cool - and it will shows alot more than just one stock...its got institutional buying/selling pressure broken down by sector and most active issues. Highly recommened. Thanks again Katherine. ERIC TANGEN ----Original Message----- Sent: Monday, January 07, 2002 1:29 PM FYI/Reference materials: Here's an interesting site that shows institutional block trading vs. retail. Here's an example using EPIQ: http://iw.thomsonfn.com/iwatch/cgi-bin/iw_ticker?ticker=epiq Katherine ------_=_NextPart_001_01C197B7.35684600 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
This=20 is waaaay cool - and it will shows alot more than just one stock...its = got=20 institutional buying/selling pressure broken down by sector and most = active=20 issues. Highly recommened.
 
Thanks again Katherine.  =
 

ERIC = TANGEN

 ----Original = Message-----
From:=20 Katherine Malm [mailto:kmalm@earthlink.net]
Sent: Monday, = January=20 07, 2002 1:29 PM
To: CANSLIM List = Posting
Subject:=20 [CANSLIM] I-Watch

FYI/Reference materials:
 
Here's an interesting site that shows institutional block = trading vs.=20 retail. Here's an example using EPIQ:
 
= http://iw.thomsonfn.com/iwatch/cgi-bin/iw_ticker?ticker=3Depiq
=
 
Katherine
------_=_NextPart_001_01C197B7.35684600-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tim Fisher" Subject: [CANSLIM] Big moves Date: 07 Jan 2002 13:12:55 -0800 Is everyone asleep or are you all too busy counting your profits to notice the big countermarket moves today? Check out TTIL GISX DNCR KNGT DYII RYAN FRED and even ASIA. All broke out, extended their breakouts, or gain significant ground on high vol. Tim Fisher Ore-ROCK-On Rockhounding Web Site Pacific Fishery Biologists Information mailto:tim@OreRockOn.com WWW http://OreRockOn.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. ------------------------------------------------------------------------------- From: "Tim Fisher" Subject: [CANSLIM] Big moves Date: 07 Jan 2002 13:20:55 -0800 Whoops forgot AMWD ASFI KRON and many smaller from Tom's list. >Is everyone asleep or are you all too busy counting your profits to notice >the big countermarket moves today? Check out TTIL GISX DNCR KNGT DYII RYAN >FRED and even ASIA. All broke out, extended their breakouts, or gain >significant ground on high vol. Tim Fisher Ore-ROCK-On Rockhounding Web Site Pacific Fishery Biologists Information mailto:tim@OreRockOn.com WWW http://OreRockOn.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. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] Big moves Date: 07 Jan 2002 15:47:22 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_0015_01C19792.98829A80 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hah! Didn't know we were supposed to report to the list, Tim! You're right--good moves in all the right kinds of stocks along with = healthy base building moves in many, many more. Katherine ----- Original Message -----=20 From: Tim Fisher=20 To: canslim@lists.xmission.com=20 Sent: Monday, January 07, 2002 3:12 PM Subject: [CANSLIM] Big moves Is everyone asleep or are you all too busy counting your profits to = notice=20 the big countermarket moves today? Check out TTIL GISX DNCR KNGT DYII = RYAN=20 FRED and even ASIA. All broke out, extended their breakouts, or gain=20 significant ground on high vol. Tim Fisher Ore-ROCK-On Rockhounding Web Site Pacific Fishery Biologists Information mailto:tim@OreRockOn.com WWW http://OreRockOn.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. ------=_NextPart_000_0015_01C19792.98829A80 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Hah! Didn't know we were supposed to report to the list, Tim!
 
You're right--good moves in all the right kinds of stocks along = with=20 healthy base building moves in many, many more.
 
Katherine
----- Original Message -----
From:=20 Tim = Fisher=20
Sent: Monday, January 07, 2002 = 3:12=20 PM
Subject: [CANSLIM] Big = moves

Is everyone asleep or are you all too busy counting = your=20 profits to notice
the big countermarket moves today? Check out = TTIL GISX=20 DNCR KNGT DYII RYAN
FRED and even ASIA. All broke out, extended = their=20 breakouts, or gain
significant ground on high vol.


Tim=20 Fisher
Ore-ROCK-On Rockhounding Web Site
Pacific Fishery = Biologists=20 Information
mailto:tim@OreRockOn.com
WWW = http://OreRockOn.com


-
-T= o=20 subscribe/unsubscribe, email "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your email. ------=_NextPart_000_0015_01C19792.98829A80-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Joe Maguire Subject: Re: [CANSLIM] I-Watch Date: 07 Jan 2002 15:22:33 -0800 --------------795D175DA809918AAE42272A Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit Hello Eric Tangen .. Hello Joe.. the sometimes lunker here...... Happy New Year to you and yours. Say I missed the post you sent to Katherine re.....Institiional buying/selling pressure ... could you send me that www ...sure wud appreciate that. Thyanks in advance. Joe Maguire San Diego "Tangen, Eric" wrote: > This is waaaay cool - and it will shows alot more than just one > stock...its got institutional buying/selling pressure broken down by > sector and most active issues. Highly recommened. Thanks again > Katherine. ERIC TANGEN > > ----Original Message----- > From: Katherine Malm [mailto:kmalm@earthlink.net] > Sent: Monday, January 07, 2002 1:29 PM > To: CANSLIM List Posting > Subject: [CANSLIM] I-Watch > > FYI/Reference materials: Here's an interesting site that > shows institutional block trading vs. retail. Here's an > example using > EPIQ: http://iw.thomsonfn.com/iwatch/cgi-bin/iw_ticker?ticker=epiq Katherine > --------------795D175DA809918AAE42272A Content-Type: text/html; charset=us-ascii Content-Transfer-Encoding: 7bit  Hello Eric Tangen .. Hello Joe.. the sometimes lunker here...... Happy New Year to you and yours. Say I missed the post you sent to Katherine re.....Institiional buying/selling pressure ... could you send me that www ...sure wud appreciate that.
Thyanks in advance. Joe Maguire  San Diego
"Tangen, Eric" wrote:
This is waaaay cool - and it will shows alot more than just one stock...its got institutional buying/selling pressure broken down by sector and most active issues. Highly recommened. Thanks again Katherine.  ERIC TANGEN
----Original Message-----
From: Katherine Malm [mailto:kmalm@earthlink.net]
Sent: Monday, January 07, 2002 1:29 PM
To: CANSLIM List Posting
Subject: [CANSLIM] I-Watch
 
FYI/Reference materials: Here's an interesting site that shows institutional block trading vs. retail. Here's an example using EPIQ: http://iw.thomsonfn.com/iwatch/cgi-bin/iw_ticker?ticker=epiq Katherine
--------------795D175DA809918AAE42272A-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Mike Hofmann" Subject: Re: [CANSLIM] I-Watch Date: 07 Jan 2002 15:52:43 -0800 This is a multi-part message in MIME format. ------=_NextPart_000_0073_01C19793.58287E40 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi Joe ... thought I'd take the liberty of responding. I assumed that = the link was the one from Katherine's message to which Eric was = responding. Here it is in case you don't have the original message: http://iw.thomsonfn.com/iwatch/cgi-bin/iw_ticker?ticker=3Depiq Mike ----- Original Message -----=20 From: Joe Maguire=20 To: canslim@lists.xmission.com=20 Sent: Monday, January 07, 2002 3:22 PM Subject: Re: [CANSLIM] I-Watch Hello Eric Tangen .. Hello Joe.. the sometimes lunker here...... = Happy New Year to you and yours. Say I missed the post you sent to = Katherine re.....Institiional buying/selling pressure ... could you send = me that www ...sure wud appreciate that.=20 Thyanks in advance. Joe Maguire San Diego=20 "Tangen, Eric" wrote:=20 This is waaaay cool - and it will shows alot more than just one = stock...its got institutional buying/selling pressure broken down by = sector and most active issues. Highly recommened. Thanks again = Katherine. ERIC TANGEN=20 ----Original Message-----=20 From: Katherine Malm [mailto:kmalm@earthlink.net]=20 Sent: Monday, January 07, 2002 1:29 PM=20 To: CANSLIM List Posting=20 Subject: [CANSLIM] I-Watch=20 =20 FYI/Reference materials: Here's an interesting site that shows = institutional block trading vs. retail. Here's an example using EPIQ: = http://iw.thomsonfn.com/iwatch/cgi-bin/iw_ticker?ticker=3Depiq Katherine ------=_NextPart_000_0073_01C19793.58287E40 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Hi Joe ... thought I'd take the liberty = of=20 responding. I assumed that the link was the one from Katherine's message = to=20 which Eric was responding. Here it is in case you don't have the = original=20 message:
 
h= ttp://iw.thomsonfn.com/iwatch/cgi-bin/iw_ticker?ticker=3Depiq
 
Mike
 
----- Original Message -----
From:=20 Joe=20 Maguire
Sent: Monday, January 07, 2002 = 3:22=20 PM
Subject: Re: [CANSLIM] = I-Watch

 Hello Eric Tangen .. Hello Joe.. the sometimes = lunker=20 here...... Happy New Year to you and yours. Say I missed the post you = sent to=20 Katherine re.....Institiional buying/selling pressure ... could you = send me=20 that www ...sure wud appreciate that.
Thyanks in advance. Joe=20 Maguire  San Diego
"Tangen, Eric" wrote:=20
This is waaaay cool - and it will shows alot more than = just one=20 stock...its got institutional buying/selling pressure broken down by = sector=20 and most active issues. Highly=20 recommened. Thanks again=20 Katherine.  ERIC TANGEN=20
----Original Message-----
From: Katherine Malm [mailto:kmalm@earthlink.net]=20
Sent: Monday, = January 07, 2002=20 1:29 PM
To:=20 CANSLIM List Posting
Subject: [CANSLIM] I-Watch=20
 
FYI/Reference materials: Here's an = interesting site=20 that shows institutional block trading vs. retail. Here's an = example using=20 EPIQ: h= ttp://iw.thomsonfn.com/iwatch/cgi-bin/iw_ticker?ticker=3Depiq Ka= therine
------=_NextPart_000_0073_01C19793.58287E40-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Joe Maguire Subject: Re: [CANSLIM] I-Watch Date: 07 Jan 2002 17:35:07 -0800 --------------BAEAAA53FB1B6AFBA16F3CC5 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit Mike.. Thxs, Katherine got back... boy what a great group ..when it rains it pours .Best Joe Mike Hofmann wrote: > Hi Joe ... thought I'd take the liberty of responding. I assumed that > the link was the one from Katherine's message to which Eric was > responding. Here it is in case you don't have the original > message: http://iw.thomsonfn.com/iwatch/cgi-bin/iw_ticker?ticker=epiq Mike > > ----- Original Message ----- > From: Joe Maguire > To: canslim@lists.xmission.com > Sent: Monday, January 07, 2002 3:22 PM > Subject: Re: [CANSLIM] I-Watch > Hello Eric Tangen .. Hello Joe.. the sometimes lunker > here...... Happy New Year to you and yours. Say I missed the > post you sent to Katherine re.....Institiional > buying/selling pressure ... could you send me that www > ...sure wud appreciate that. > Thyanks in advance. Joe Maguire San Diego > "Tangen, Eric" wrote: > > > This is waaaay cool - and it will shows alot more than > > just one stock...its got institutional buying/selling > > pressure broken down by sector and most active issues. > > Highly recommened.Thanks again Katherine. ERIC TANGEN > > > > ----Original Message----- > > From: Katherine Malm > > [mailto:kmalm@earthlink.net] > > Sent: Monday, January 07, 2002 1:29 PM > > To: CANSLIM List Posting > > Subject: [CANSLIM] I-Watch > > FYI/Reference materials: Here's an interesting > > site that shows institutional block trading vs. > > retail. Here's an example using EPIQ: > > http://iw.thomsonfn.com/iwatch/cgi-bin/iw_ticker?ticker=epiq > > Katherine > > --------------BAEAAA53FB1B6AFBA16F3CC5 Content-Type: text/html; charset=us-ascii Content-Transfer-Encoding: 7bit  Mike.. Thxs, Katherine got back... boy what a great group ..when it rains it pours .Best Joe

Mike Hofmann wrote:

 Hi Joe ... thought I'd take the liberty of responding. I assumed that the link was the one from Katherine's message to which Eric was responding. Here it is in case you don't have the original message: http://iw.thomsonfn.com/iwatch/cgi-bin/iw_ticker?ticker=epiq Mike 
----- Original Message -----
Sent: Monday, January 07, 2002 3:22 PM
Subject: Re: [CANSLIM] I-Watch
  Hello Eric Tangen .. Hello Joe.. the sometimes lunker here...... Happy New Year to you and yours. Say I missed the post you sent to Katherine re.....Institiional buying/selling pressure ... could you send me that www ...sure wud appreciate that.
Thyanks in advance. Joe Maguire  San Diego
"Tangen, Eric" wrote:
This is waaaay cool - and it will shows alot more than just one stock...its got institutional buying/selling pressure broken down by sector and most active issues. Highly recommened.Thanks again Katherine.  ERIC TANGEN
----Original Message-----
From: Katherine Malm [mailto:kmalm@earthlink.net]
Sent: Monday, January 07, 2002 1:29 PM
To: CANSLIM List Posting
Subject: [CANSLIM] I-Watch
FYI/Reference materials: Here's an interesting site that shows institutional block trading vs. retail. Here's an example using EPIQ: http://iw.thomsonfn.com/iwatch/cgi-bin/iw_ticker?ticker=epiq Katherine
--------------BAEAAA53FB1B6AFBA16F3CC5-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Dan Forant" Subject: Re: [CANSLIM] I-Watch Date: 07 Jan 2002 20:50:49 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_0042_01C197BC.FCCFB0C0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Excellent, thanks DanF ----- Original Message -----=20 From: Katherine Malm=20 To: CANSLIM List Posting=20 Sent: Monday, January 07, 2002 2:28 PM Subject: [CANSLIM] I-Watch FYI/Reference materials: Here's an interesting site that shows institutional block trading vs. = retail. Here's an example using EPIQ: http://iw.thomsonfn.com/iwatch/cgi-bin/iw_ticker?ticker=3Depiq Katherine ------=_NextPart_000_0042_01C197BC.FCCFB0C0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Excellent, thanks
 
DanF
----- Original Message -----
From:=20 Katherine=20 Malm
Sent: Monday, January 07, 2002 = 2:28=20 PM
Subject: [CANSLIM] = I-Watch

FYI/Reference materials:
 
Here's an interesting site that shows institutional block trading = vs.=20 retail. Here's an example using EPIQ:
 
h= ttp://iw.thomsonfn.com/iwatch/cgi-bin/iw_ticker?ticker=3Depiq
 
Katherine
------=_NextPart_000_0042_01C197BC.FCCFB0C0-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Jerry Weiss Subject: Re: [CANSLIM] I-Watch Date: 07 Jan 2002 20:08:00 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_006D_01C197B7.01BF2D00 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Katherine: You always have something of interest in your e-mails. However, note what the following says: "Thomson I-Watch offers individual investors a window into the = previously closed world of institutional trading. Before completing = large block trades, "Big Money" traders express their interest by = posting "advertising" buy or sell messages, revealing the short-term = supply and demand for a particular stock." It doesn't actually show block trading, it shows an alleged "interest" = in block trading that may or may not be carried out. I would imagine = that there are many instances where it would be profitable for them to = show an "interest" that they know is seen by fellow investors and not = carry out the inferred buy or sell. I would suggest that folks use this = info with a grain of salt and simply consider it a possibility, not a = sure thing. Jer ----- Original Message -----=20 From: Katherine Malm=20 To: CANSLIM List Posting=20 Sent: Monday, January 07, 2002 1:28 PM Subject: [CANSLIM] I-Watch FYI/Reference materials: Here's an interesting site that shows institutional block trading vs. = retail. Here's an example using EPIQ: http://iw.thomsonfn.com/iwatch/cgi-bin/iw_ticker?ticker=3Depiq Katherine ------=_NextPart_000_006D_01C197B7.01BF2D00 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Katherine:
You always have something of interest = in your=20 e-mails.
However, note what the following = says:
 
"Thomson I-Watch offers individual investors a window into the = previously=20 closed world of institutional trading. Before completing large block = trades,=20 "Big Money" traders express their interest by posting "advertising" buy = or sell=20 messages, revealing the short-term supply and demand for a particular=20 stock."
 
It doesn't actually show block trading, = it shows an=20 alleged "interest" in block trading that may or may not be carried = out.  I=20 would imagine that there are many instances where it would be profitable = for=20 them to show an "interest" that they know is seen by fellow investors = and not=20 carry out the inferred buy or sell.  I would suggest that = folks=20 use this info with a grain of salt and simply consider it a possibility, = not a=20 sure thing.
 
Jer

 
 
 
 
 
----- Original Message -----
From:=20 Katherine=20 Malm
Sent: Monday, January 07, 2002 = 1:28=20 PM
Subject: [CANSLIM] = I-Watch

FYI/Reference materials:
 
Here's an interesting site that shows institutional block trading = vs.=20 retail. Here's an example using EPIQ:
 
h= ttp://iw.thomsonfn.com/iwatch/cgi-bin/iw_ticker?ticker=3Depiq
 
Katherine
------=_NextPart_000_006D_01C197B7.01BF2D00-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] I-Watch Date: 07 Jan 2002 20:33:48 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_0020_01C197BA.9C77E960 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Sorry, Jerry. I was aware of this, but didn't explain it very clearly in = my note. Thanks for bringing that to the list's attention. An example from today is IP. There were actually triple 9's to sell, but = also you can see there was a large "selling interest" on the I-Watch = site. The other part of the explanation indicates that it's only those = notices going through Thompson's financial system. http://iw.thomsonfn.com/iwatch/cgi-bin/iw_ticker?ticker=3Dip Katherine ----- Original Message -----=20 From: Jerry Weiss=20 To: canslim@lists.xmission.com=20 Sent: Monday, January 07, 2002 8:08 PM Subject: Re: [CANSLIM] I-Watch Katherine: You always have something of interest in your e-mails. However, note what the following says: "Thomson I-Watch offers individual investors a window into the = previously closed world of institutional trading. Before completing = large block trades, "Big Money" traders express their interest by = posting "advertising" buy or sell messages, revealing the short-term = supply and demand for a particular stock." It doesn't actually show block trading, it shows an alleged "interest" = in block trading that may or may not be carried out. I would imagine = that there are many instances where it would be profitable for them to = show an "interest" that they know is seen by fellow investors and not = carry out the inferred buy or sell. I would suggest that folks use this = info with a grain of salt and simply consider it a possibility, not a = sure thing. Jer ----- Original Message -----=20 From: Katherine Malm=20 To: CANSLIM List Posting=20 Sent: Monday, January 07, 2002 1:28 PM Subject: [CANSLIM] I-Watch FYI/Reference materials: Here's an interesting site that shows institutional block trading = vs. retail. Here's an example using EPIQ: http://iw.thomsonfn.com/iwatch/cgi-bin/iw_ticker?ticker=3Depiq Katherine ------=_NextPart_000_0020_01C197BA.9C77E960 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Sorry, Jerry. I was aware of this, but didn't explain it very = clearly in my=20 note. Thanks for bringing that to the list's attention.
 
An example from today is IP. There were actually triple 9's to = sell,=20 but also you can see there was a large "selling interest" on the I-Watch = site.=20 The other part of the explanation indicates that it's only those notices = going=20 through Thompson's financial system.
htt= p://iw.thomsonfn.com/iwatch/cgi-bin/iw_ticker?ticker=3Dip
 
Katherine
----- Original Message -----
From:=20 Jerry = Weiss=20
Sent: Monday, January 07, 2002 = 8:08=20 PM
Subject: Re: [CANSLIM] = I-Watch

Katherine:
You always have something of interest = in your=20 e-mails.
However, note what the following=20 says:
 
"Thomson I-Watch offers individual investors a window into the = previously=20 closed world of institutional trading. Before completing large block = trades,=20 "Big Money" traders express their interest by posting "advertising" = buy or=20 sell messages, revealing the short-term supply and demand for a = particular=20 stock."
 
It doesn't actually show block = trading, it shows=20 an alleged "interest" in block trading that may or may not be carried=20 out.  I would imagine that there are many instances where it = would be=20 profitable for them to show an "interest" that they know is seen by = fellow=20 investors and not carry out the inferred buy or sell.  = I would=20 suggest that folks use this info with a grain of salt and simply = consider it a=20 possibility, not a sure thing.
 
Jer

 
 
 
 
 
----- Original Message -----
From:=20 Katherine=20 Malm
Sent: Monday, January 07, = 2002 1:28=20 PM
Subject: [CANSLIM] = I-Watch

FYI/Reference materials:
 
Here's an interesting site that shows institutional block = trading vs.=20 retail. Here's an example using EPIQ:
 
h= ttp://iw.thomsonfn.com/iwatch/cgi-bin/iw_ticker?ticker=3Depiq
 
Katherine
------=_NextPart_000_0020_01C197BA.9C77E960-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Fanus Subject: Re: [CANSLIM] I-Watch Date: 07 Jan 2002 18:57:46 -0800 (PST) If you read the description for the pie chart you will see it is generated by using transactions already executed and reported by the broker/dealer. In my books, an executed trade is pretty much a sure thing. Keep in mind, no suggestions was made on how to use the data. It was presented as "an interesting site" and I am thankful that Katherine shared this. - Fanus --- Jerry Weiss wrote: > Katherine: > You always have something of interest in your > e-mails. > However, note what the following says: > > "Thomson I-Watch offers individual investors a > window into the previously closed world of > institutional trading. Before completing large block > trades, "Big Money" traders express their interest > by posting "advertising" buy or sell messages, > revealing the short-term supply and demand for a > particular stock." > > It doesn't actually show block trading, it shows an > alleged "interest" in block trading that may or may > not be carried out. I would imagine that there are > many instances where it would be profitable for them > to show an "interest" that they know is seen by > fellow investors and not carry out the inferred buy > or sell. I would suggest that folks use this info > with a grain of salt and simply consider it a > possibility, not a sure thing. > > Jer > > > > > > > > ----- Original Message ----- > From: Katherine Malm > To: CANSLIM List Posting > Sent: Monday, January 07, 2002 1:28 PM > Subject: [CANSLIM] I-Watch > > > FYI/Reference materials: > > Here's an interesting site that shows > institutional block trading vs. retail. Here's an > example using EPIQ: > > > http://iw.thomsonfn.com/iwatch/cgi-bin/iw_ticker?ticker=epiq > > Katherine > __________________________________________________ Do You Yahoo!? Send FREE video emails in Yahoo! Mail! http://promo.yahoo.com/videomail/ - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Treb Courie" Subject: [CANSLIM] CANSLIM alternatives Date: 07 Jan 2002 22:48:03 -0500 I am a novice CANSLIMmer and have learned a lot from this list. Unfortunately, as we all know, the market over the past few months hasn't been a good one, so learning CANSLIM has been difficult. Now I've got another obstacle--I'm not going to have as much access to the internet over the next couple of months. I will be lucky to check my stocks every couple of days--probably only on weekends. Does anyone know how I should try to invest in this situation, using as much CANSLIM as possible? Should I just look for highly-rated stocks and maybe try to buy them in LLURs? I know that some people here, like Tom Worley, buy in the base more than WON advocates. How do you decide when to buy in the bases, and which stocks to buy before they breakout? Thanks for any advice out there. v/r Treb Courie - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] CANSLIM alternatives Date: 07 Jan 2002 23:38:04 -0500 Hi Treb, Beauty is in the eye of the beholder, so cannot agree that "the past few months hasn't been a good one". My VR Fund did poorly in the competition, up only 21% for the fourth quarter. But if you had spent most of 2001 in cash, as "M" was telling you, then the 4th qtr alone could give a decent return for the year, certainly much better than a money market. During this quarter, my IRA mostly stagnated, but still finished the year up 76%, a most acceptable return, even if short of my goal, for a lousy year otherwise. During 1999 and 2000, my IRA did comparatively poor, largely due my almost total neglect of it. Very few trades, very little time watching the market due the demands and constraints of my day job. During 2001, I gave up some sleep, and put more time into my investment management, and it paid off. Being right in investing is usually little more than being in the right stocks (or sector) at the right time. Today, every index was down, my VR fund was up 1.5%, and my IRA up nearly 5%. I could sell both right now, and still be better off than a money market for the entire year. Daily access to the net, and the markets, is nice, but not essential. A lot of investors do nothing except on the weekend. They don't check stock prices, they don't make trades, nor do they make any buy / sell / hold decisions. That is all done on the weekend, using a longer term perspective. CANSLIM, for me, is about investing, not trading. While it's important to enter a stock at the right point, it's more important to enter the right stock. I choose to buy stocks while they are still basing, counting on my patience and an eventual break out. If I don't get it, I can usually exit with minor losses. I am also a fundamentalist, I buy earnings growth. Several of my stocks in my VR fund, for example, were down 40% or more (TTIL being the best example) before turning into a major winner. I averaged down on a few, and held more, because I believed in their fundies. Perhaps the best solution for you for the next few months is use the time to paper trade. Keep your powder dry until you have the time to feel comfortable about being in the market, and the time you have to spend on it. Or limit your investing to a small portion of your capital. Keeps you involved without full risk. I buy small caps with little or no institutional interest, that tends to mean, tho not guarantee, less volatility and more focus on fundies. But that helped me survive two years of neglect, and still have something left to show for it. Good luck, Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message ----- Sent: Monday, January 07, 2002 10:48 PM > I am a novice CANSLIMmer and have learned a lot from this list. > Unfortunately, as we all know, the market over the past few months hasn't > been a good one, so learning CANSLIM has been difficult. > > Now I've got another obstacle--I'm not going to have as much access to the > internet over the next couple of months. I will be lucky to check my stocks > every couple of days--probably only on weekends. > > Does anyone know how I should try to invest in this situation, using as much > CANSLIM as possible? Should I just look for highly-rated stocks and maybe > try to buy them in LLURs? I know that some people here, like Tom Worley, > buy in the base more than WON advocates. How do you decide when to buy in > the bases, and which stocks to buy before they breakout? > > Thanks for any advice out there. > > v/r > Treb Courie > > > - > -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. ------------------------------------------------------------------------------- From: "Mike Gibbons" Subject: RE: [CANSLIM] CANSLIM alternatives Date: 07 Jan 2002 21:54:15 -1000 Aloha, Mike Gibbons Proactive Technologies, LLC http://www.proactech.com -----Original Message----- [mailto:owner-canslim@lists.xmission.com]On Behalf Of Treb Courie Sent: Monday, January 07, 2002 5:48 PM I am a novice CANSLIMmer and have learned a lot from this list. Unfortunately, as we all know, the market over the past few months hasn't been a good one, so learning CANSLIM has been difficult. Now I've got another obstacle--I'm not going to have as much access to the internet over the next couple of months. I will be lucky to check my stocks every couple of days--probably only on weekends. Does anyone know how I should try to invest in this situation, using as much CANSLIM as possible? Should I just look for highly-rated stocks and maybe try to buy them in LLURs? I know that some people here, like Tom Worley, buy in the base more than WON advocates. How do you decide when to buy in the bases, and which stocks to buy before they breakout? Thanks for any advice out there. v/r Treb Courie - -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. ------------------------------------------------------------------------------- From: "Mike Gibbons" Subject: RE: [CANSLIM] CANSLIM alternatives Date: 07 Jan 2002 22:03:34 -1000 re: >>How do you decide when to buy in the bases, and which stocks to buy before they breakout? This is a somewhat shameless plug, but for trading in the base you could read the second article here... http://www.cwhcharts.com/methodologyFrame.htm Aloha, Mike Gibbons webmaster, cwhcharts.com -----Original Message----- [mailto:owner-canslim@lists.xmission.com]On Behalf Of Treb Courie Sent: Monday, January 07, 2002 5:48 PM I am a novice CANSLIMmer and have learned a lot from this list. Unfortunately, as we all know, the market over the past few months hasn't been a good one, so learning CANSLIM has been difficult. Now I've got another obstacle--I'm not going to have as much access to the internet over the next couple of months. I will be lucky to check my stocks every couple of days--probably only on weekends. Does anyone know how I should try to invest in this situation, using as much CANSLIM as possible? Should I just look for highly-rated stocks and maybe try to buy them in LLURs? I know that some people here, like Tom Worley, buy in the base more than WON advocates. How do you decide when to buy in the bases, and which stocks to buy before they breakout? Thanks for any advice out there. v/r Treb Courie - -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. ------------------------------------------------------------------------------- From: Warren Keuffel Subject: [CANSLIM] Bulkowski re: patterns besides C&H Date: 08 Jan 2002 10:38:44 -0700 Katherine, My copy of Bulkowski arrived yesterday and (like others) I was mightily impressed. I was particularly intrigued by his analysis of C&H patterns, particularly in how O'Neill's example was not actually a C&H! But what I am writing you about specifically is to inquire whether you have applied B.'s pattern analysis to other patterns observed in stocks you trade? Seems to me that, if B's research and analysis is accurate, that we would do well to have more arrows in our quivers than just C&H. Thanks, Warren - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] Bulkowski re: patterns besides C&H Date: 08 Jan 2002 12:07:07 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_0178_01C1983C.FE5AAE60 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Well, Warren, you've managed the $1m question. So here's my current = "take" on it--During strongly trending Bulls where everything is rising, = buying stocks near their 52 wk highs coming out of C&H or flat base = consolidations is fine and dandy. This assumes that any correction will = be followed by more up-movement as the stock changes hands. It also = assumes that earnings will continue to be good and will grow at current = or higher rates. Then there's the market coming off the bottom of an Ursa Major = correction. Earnings estimates and growth rates have been coming down, = prices have been coming down, every stock gets punished, most every = stock gets its outlook revised downward, all stocks in all "previously = overvalued" industries all get hit. But, there are plenty of stocks in = this shape that were hit too hard, their earnings outlook is now = improving, the economy appears to be turning around, and in certain = cases, these stocks have strong competitive advantage, strong = products/services, and more importantly strong balance sheets. This is a = long winded way to get here....but if the earnings growth estimates have = been slashed too low, then the prices have been slashed too low. I'd say = the next move for these kinds of stocks is up, and in some cases, it = will actually precede the earnings evidence. Wait for the B/O of a C&H = near the old highs and miss out on all the fun! er, profits! This is definitely not "party line." But if I have a good quality = CANSLIM stock that fits all the requirements, where in CANSLIM does it = tell me I can't use other technical patterns? Without Bulkowski, I = wouldn't have figured that out, however. Now, don't you dare reveal that = I'm working on the edges of CANSLIM or I'll get kicked off the list! = Hah! Tell me your thoughts on this... Katherine ----- Original Message -----=20 From: Warren Keuffel=20 To: canslim=20 Sent: Tuesday, January 08, 2002 11:38 AM Subject: [CANSLIM] Bulkowski re: patterns besides C&H Katherine, My copy of Bulkowski arrived yesterday and (like others) I was = mightily=20 impressed. I was particularly intrigued by his analysis of C&H=20 patterns, particularly in how O'Neill's example was not actually a = C&H!=20 But what I am writing you about specifically is to inquire whether = you=20 have applied B.'s pattern analysis to other patterns observed in = stocks=20 you trade? Seems to me that, if B's research and analysis is = accurate,=20 that we would do well to have more arrows in our quivers than just = C&H. Thanks, Warren - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------=_NextPart_000_0178_01C1983C.FE5AAE60 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Well, Warren, you've managed the $1m question. So here's my current = "take"=20 on it--During strongly trending Bulls where everything is rising, buying = stocks=20 near their 52 wk highs coming out of C&H or flat base consolidations = is fine=20 and dandy. This assumes that any correction will be followed by more = up-movement=20 as the stock changes hands. It also assumes that earnings will continue = to be=20 good and will grow at current or higher rates.
 
Then there's the market coming off the bottom of an Ursa Major = correction.=20 Earnings estimates and growth rates have been coming down, prices have = been=20 coming down, every stock gets punished, most every stock gets its = outlook=20 revised downward, all stocks in all "previously overvalued" industries = all get=20 hit. But, there are plenty of stocks in this shape that were hit too = hard, their=20 earnings outlook is now improving, the economy appears to be turning = around, and=20 in certain cases, these stocks have strong competitive advantage, strong = products/services, and more importantly strong balance sheets. This is a = long=20 winded way to get here....but if the earnings growth estimates have been = slashed=20 too low, then the prices have been slashed too low. I'd say the next = move for=20 these kinds of stocks is up, and in some cases, it will actually precede = the=20 earnings evidence. Wait for the B/O of a C&H near the old highs and = miss out=20 on all the fun! er, profits!
 
This is definitely not "party line." But if I have a good quality = CANSLIM=20 stock that fits all the requirements, where in CANSLIM does it tell me=20 I can't use other technical patterns? Without Bulkowski, I wouldn't = have=20 figured that out, however. Now, don't you dare reveal that I'm working = on the=20 edges of CANSLIM or I'll get kicked off the list! Hah!
 
Tell me your thoughts on this...
 
Katherine
----- Original Message -----
From:=20 Warren=20 Keuffel
To: canslim
Sent: Tuesday, January 08, 2002 = 11:38=20 AM
Subject: [CANSLIM] Bulkowski = re: patterns=20 besides C&H

Katherine,

My copy of Bulkowski arrived = yesterday and=20 (like others) I was mightily
impressed.  I was particularly = intrigued=20 by his analysis of C&H
patterns, particularly in how O'Neill's = example=20 was not actually a C&H!
 But what I am writing you about=20 specifically is to inquire whether you
have applied B.'s pattern = analysis=20 to other patterns observed in stocks
you trade?  Seems to me = that, if=20 B's research and analysis is accurate,
that we would do well to = have more=20 arrows in our quivers than just=20 C&H.

Thanks,
Warren


-
-To = subscribe/unsubscribe,=20 email "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your email. ------=_NextPart_000_0178_01C1983C.FE5AAE60-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Warren Keuffel Subject: Re: [CANSLIM] Bulkowski re: patterns besides C&H Date: 08 Jan 2002 12:25:32 -0700 Katherine, I am not an experienced or particularly successful CANSLIM investor, but am learning fast -- particularly due to this great list. But with that caveat out of the way, here's my take on the matter. Of necessity, CANSLIM has to be a fairly simple (ha!) system so that it can be applied by a wide range of IBD readers -- let's face it, IBD and CANSLIM need each other for both to prosper. For more sophisticated investors, who understand what the rules are *before* they consider breaking them, I suspect that the fundamental analysis aspects of CANSLIM *can* be applied successfully using other technical patterns besides the C&H. WON can't do that because he needs to keep his system simple enough to explain in short newspaper articles. Bottom line: I am planning to look for opportunities to apply B's patterns but I am going to continue to make my focus the C&H pattern, at least until I understand the other patterns as well as I am beginning to understand the C&H. Thanks for your observations. Warren Katherine Malm wrote: > Well, Warren, you've managed the $1m question. So here's my current > "take" on it--During strongly trending Bulls where everything is > rising, buying stocks near their 52 wk highs coming out of C&H or flat > base consolidations is fine and dandy. This assumes that any > correction will be followed by more up-movement as the stock changes > hands. It also assumes that earnings will continue to be good and will > grow at current or higher rates. > > > > Then there's the market coming off the bottom of an Ursa Major > correction. Earnings estimates and growth rates have been coming down, > prices have been coming down, every stock gets punished, most every > stock gets its outlook revised downward, all stocks in all "previously > overvalued" industries all get hit. But, there are plenty of stocks in > this shape that were hit too hard, their earnings outlook is now > improving, the economy appears to be turning around, and in certain > cases, these stocks have strong competitive advantage, strong > products/services, and more importantly strong balance sheets. This is > a long winded way to get here....but if the earnings growth estimates > have been slashed too low, then the prices have been slashed too low. > I'd say the next move for these kinds of stocks is up, and in some > cases, it will actually precede the earnings evidence. Wait for the > B/O of a C&H near the old highs and miss out on all the fun! er, profits! > > > > This is definitely not "party line." But if I have a good quality > CANSLIM stock that fits all the requirements, where in CANSLIM does it > tell me I can't use other technical patterns? Without Bulkowski, I > wouldn't have figured that out, however. Now, don't you dare reveal > that I'm working on the edges of CANSLIM or I'll get kicked off the > list! Hah! > > > > Tell me your thoughts on this... > > > > Katherine > > ----- Original Message ----- > > From: Warren Keuffel > > To: canslim > > Sent: Tuesday, January 08, 2002 11:38 AM > > Subject: [CANSLIM] Bulkowski re: patterns besides C&H > > > Katherine, > > My copy of Bulkowski arrived yesterday and (like others) I was > mightily > impressed. I was particularly intrigued by his analysis of C&H > patterns, particularly in how O'Neill's example was not actually a > C&H! > But what I am writing you about specifically is to inquire > whether you > have applied B.'s pattern analysis to other patterns observed in > stocks > you trade? Seems to me that, if B's research and analysis is > accurate, > that we would do well to have more arrows in our quivers than just > C&H. > > Thanks, > Warren > > > - > -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. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: AW: [CANSLIM] Bulkowski re: patterns besides C&H Date: 08 Jan 2002 22:14:03 +0100 Well, I like the Flat Base the most, Then the Flag pattern, and then the CWH. > -----Ursprungliche Nachricht----- > Von: Warren Keuffel [SMTP:wkeuffel@xmission.com] > Gesendet am: Tuesday, January 08, 2002 8:26 PM > An: canslim@lists.xmission.com > Betreff: Re: [CANSLIM] Bulkowski re: patterns besides C&H > > Katherine, > > I am not an experienced or particularly successful CANSLIM investor, but > am learning fast -- particularly due to this great list. But with that > caveat out of the way, here's my take on the matter. Of necessity, > CANSLIM has to be a fairly simple (ha!) system so that it can be applied > by a wide range of IBD readers -- let's face it, IBD and CANSLIM need > each other for both to prosper. For more sophisticated investors, who > understand what the rules are *before* they consider breaking them, I > suspect that the fundamental analysis aspects of CANSLIM *can* be > applied successfully using other technical patterns besides the C&H. > WON can't do that because he needs to keep his system simple enough to > explain in short newspaper articles. > > Bottom line: I am planning to look for opportunities to apply B's > patterns but I am going to continue to make my focus the C&H pattern, at > least until I understand the other patterns as well as I am beginning to > understand the C&H. > > Thanks for your observations. > Warren > > Katherine Malm wrote: > > > Well, Warren, you've managed the $1m question. So here's my current > > "take" on it--During strongly trending Bulls where everything is > > rising, buying stocks near their 52 wk highs coming out of C&H or flat > > base consolidations is fine and dandy. This assumes that any > > correction will be followed by more up-movement as the stock changes > > hands. It also assumes that earnings will continue to be good and will > > grow at current or higher rates. > > > > > > > > Then there's the market coming off the bottom of an Ursa Major > > correction. Earnings estimates and growth rates have been coming down, > > prices have been coming down, every stock gets punished, most every > > stock gets its outlook revised downward, all stocks in all "previously > > overvalued" industries all get hit. But, there are plenty of stocks in > > this shape that were hit too hard, their earnings outlook is now > > improving, the economy appears to be turning around, and in certain > > cases, these stocks have strong competitive advantage, strong > > products/services, and more importantly strong balance sheets. This is > > a long winded way to get here....but if the earnings growth estimates > > have been slashed too low, then the prices have been slashed too low. > > I'd say the next move for these kinds of stocks is up, and in some > > cases, it will actually precede the earnings evidence. Wait for the > > B/O of a C&H near the old highs and miss out on all the fun! er, profits! > > > > > > > > This is definitely not "party line." But if I have a good quality > > CANSLIM stock that fits all the requirements, where in CANSLIM does it > > tell me I can't use other technical patterns? Without Bulkowski, I > > wouldn't have figured that out, however. Now, don't you dare reveal > > that I'm working on the edges of CANSLIM or I'll get kicked off the > > list! Hah! > > > > > > > > Tell me your thoughts on this... > > > > > > > > Katherine > > > > ----- Original Message ----- > > > > From: Warren Keuffel > > > > To: canslim > > > > Sent: Tuesday, January 08, 2002 11:38 AM > > > > Subject: [CANSLIM] Bulkowski re: patterns besides C&H > > > > > > Katherine, > > > > My copy of Bulkowski arrived yesterday and (like others) I was > > mightily > > impressed. I was particularly intrigued by his analysis of C&H > > patterns, particularly in how O'Neill's example was not actually a > > C&H! > > But what I am writing you about specifically is to inquire > > whether you > > have applied B.'s pattern analysis to other patterns observed in > > stocks > > you trade? Seems to me that, if B's research and analysis is > > accurate, > > that we would do well to have more arrows in our quivers than just > > C&H. > > > > Thanks, > > Warren > > > > > > - > > -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. ------------------------------------------------------------------------------- From: "Dave" Subject: [CANSLIM] DFXI Date: 08 Jan 2002 16:38:30 -0500 DFXI made a late day surge today and may be on the verge of breaking out. - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Mendheart@aol.com Subject: [CANSLIM] UTSI...up another 7 1/2% Today Date: 08 Jan 2002 17:10:13 EST --part1_18c.17dc5e8.296cc845_boundary Content-Type: text/plain; charset="US-ASCII" Content-Transfer-Encoding: 7bit UTSI is up to another new high today. Looks like a sure-fire winner. This company does much more international business than U.S. China has lots of room for growth! Denny --part1_18c.17dc5e8.296cc845_boundary Content-Type: text/html; charset="US-ASCII" Content-Transfer-Encoding: 7bit UTSI is up to another new high today.  Looks like a sure-fire winner.  This company does much more international business than U.S.  China has lots of room for growth!

Denny --part1_18c.17dc5e8.296cc845_boundary-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Pat" Subject: Re: [CANSLIM] Bulkowski re: patterns besides C&H Date: 08 Jan 2002 17:09:33 -0500 Warren, Could you please post a link to B's website? Thanks! Pat > Katherine, > > My copy of Bulkowski arrived yesterday and (like others) I was mightily > impressed. I was particularly intrigued by his analysis of C&H > patterns, particularly in how O'Neill's example was not actually a C&H! > But what I am writing you about specifically is to inquire whether you > have applied B.'s pattern analysis to other patterns observed in stocks > you trade? Seems to me that, if B's research and analysis is accurate, > that we would do well to have more arrows in our quivers than just C&H. > > Thanks, > Warren > > > - > -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. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: AW: [CANSLIM] DFXI Date: 08 Jan 2002 23:42:02 +0100 Yep, in since 28.50 ;-) > -----Ursprungliche Nachricht----- > Von: Dave [SMTP:drubin@i-2000.com] > Gesendet am: Tuesday, January 08, 2002 10:39 PM > An: canslim@lists.xmission.com > Betreff: [CANSLIM] DFXI > > DFXI made a late day surge today and may be on the verge of breaking out. > > - > -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. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: AW: [CANSLIM] UTSI...up another 7 1/2% Today Date: 08 Jan 2002 23:42:37 +0100 Yep in since 28.50 ;-) > -----Ursprungliche Nachricht----- > Von: Mendheart@aol.com [SMTP:Mendheart@aol.com] > Gesendet am: Tuesday, January 08, 2002 11:10 PM > An: canslim@lists.xmission.com > Betreff: [CANSLIM] UTSI...up another 7 1/2% Today > > UTSI is up to another new high today. Looks like a sure-fire winner. This > company does much more international business than U.S. China has lots of > room for growth! > > Denny > << Datei: ATT00000.htm >> - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "J. David Stem" Subject: Re: [CANSLIM] Bulkowski re: patterns besides C&H Date: 08 Jan 2002 15:09:37 -0800 Katherine et al, Which of the two Bulkowski books is best? I can't find them at the local B&N and am going to order from Amazon. By the way, I hate to ask, but what is LLUR? It's the one acronym that's escaping me! Dave _________________________________________________________________ Chat with friends online, try MSN Messenger: http://messenger.msn.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. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] Bulkowski re: patterns besides C&H Date: 08 Jan 2002 17:09:30 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_022F_01C19867.3C1754E0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi Dave, The "Encyclopedia of Chart Patterns" is the only one on the shelves just = now. The new book "Trading Strategies" I believe is due any time. I have = pre-ordered it, but who knows if it'll be any good! LLUR is a list term which stands for "Lower Left Upper Right." At least, = so far, it's not in any TA book. Tom will answer this question a little = differently, but I see it as a stock in a long ascent which hugs the = 50dMA very closely in a well defined trading range. I believe Tom says = that it lasts a year or so. WON uses a term called "ascending base" that = is similar, but shorter lived than the LLUR. When Tom posts this = evening, I'm sure he'll explain further. Katherine ----- Original Message -----=20 From: J. David Stem=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, January 08, 2002 5:09 PM Subject: Re: [CANSLIM] Bulkowski re: patterns besides C&H Katherine et al, Which of the two Bulkowski books is best? I can't find them at the = local=20 B&N and am going to order from Amazon. By the way, I hate to ask, but what is LLUR? It's the one acronym = that's=20 escaping me! Dave _________________________________________________________________ Chat with friends online, try MSN Messenger: http://messenger.msn.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. ------=_NextPart_000_022F_01C19867.3C1754E0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Hi Dave,
 
The "Encyclopedia of Chart Patterns" is the only one on the = shelves=20 just now. The new book "Trading Strategies" I believe is due any time. I = have=20 pre-ordered it, but who knows if it'll be any good!
 
LLUR is a list term which stands for "Lower Left Upper Right." At = least, so=20 far, it's not in any TA book. Tom will answer this question a little=20 differently, but I see it as a stock in a long ascent which hugs the = 50dMA very=20 closely in a well defined trading range. I believe Tom says that it = lasts a year=20 or so. WON uses a term called "ascending base" that is similar, but = shorter=20 lived than the LLUR. When Tom posts this evening, I'm sure he'll explain = further.
 
Katherine
----- Original Message -----
From:=20 J. = David Stem=20
Sent: Tuesday, January 08, 2002 = 5:09=20 PM
Subject: Re: [CANSLIM] = Bulkowski re:=20 patterns besides C&H

Katherine et al,

Which of the two Bulkowski = books is=20 best?  I can't find them at the local
B&N and am going to = order=20 from Amazon.

By the way, I hate to ask, but what is LLUR?  = It's=20 the one acronym that's
escaping=20 = me!

Dave



__________________________________________= _______________________
Chat=20 with friends online, try MSN Messenger: http://messenger.msn.com

-
-To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your email. ------=_NextPart_000_022F_01C19867.3C1754E0-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "J. David Stem" Subject: Re: [CANSLIM] Bulkowski re: patterns besides C&H Date: 08 Jan 2002 16:21:36 -0800 wow, thanks. no wonder i couldn't figure out what LLUR meant! Looking forward to Tom's answer too... thanks, dave >From: "Katherine Malm" >Reply-To: canslim@lists.xmission.com >To: >Subject: Re: [CANSLIM] Bulkowski re: patterns besides C&H >Date: Tue, 8 Jan 2002 17:09:30 -0600 > >Hi Dave, > >The "Encyclopedia of Chart Patterns" is the only one on the shelves just >now. The new book "Trading Strategies" I believe is due any time. I have >pre-ordered it, but who knows if it'll be any good! > >LLUR is a list term which stands for "Lower Left Upper Right." At least, so >far, it's not in any TA book. Tom will answer this question a little >differently, but I see it as a stock in a long ascent which hugs the 50dMA >very closely in a well defined trading range. I believe Tom says that it >lasts a year or so. WON uses a term called "ascending base" that is >similar, but shorter lived than the LLUR. When Tom posts this evening, I'm >sure he'll explain further. > >Katherine > ----- Original Message ----- > From: J. David Stem > To: canslim@lists.xmission.com > Sent: Tuesday, January 08, 2002 5:09 PM > Subject: Re: [CANSLIM] Bulkowski re: patterns besides C&H > > > Katherine et al, > > Which of the two Bulkowski books is best? I can't find them at the >local > B&N and am going to order from Amazon. > > By the way, I hate to ask, but what is LLUR? It's the one acronym >that's > escaping me! > > Dave > > > > _________________________________________________________________ > Chat with friends online, try MSN Messenger: http://messenger.msn.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. _________________________________________________________________ MSN Photos is the easiest way to share and print your photos: http://photos.msn.com/support/worldwide.aspx - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Dan Forant" Subject: Re: [CANSLIM] Bulkowski re: patterns besides C&H Date: 08 Jan 2002 19:58:24 -0500 I like, the cwh, double bottoms but catching it early with TA's, rising triangle, and flat bases. God, did I miss any? DanF ----- Original Message ----- Sent: Tuesday, January 08, 2002 4:14 PM > Well, I like the Flat Base the most, Then the Flag pattern, and then the > CWH. > > > -----Ursprungliche Nachricht----- > > Von: Warren Keuffel [SMTP:wkeuffel@xmission.com] > > Gesendet am: Tuesday, January 08, 2002 8:26 PM > > An: canslim@lists.xmission.com > > Betreff: Re: [CANSLIM] Bulkowski re: patterns besides C&H > > > > Katherine, > > > > I am not an experienced or particularly successful CANSLIM investor, but > > am learning fast -- particularly due to this great list. But with that > > caveat out of the way, here's my take on the matter. Of necessity, > > CANSLIM has to be a fairly simple (ha!) system so that it can be applied > > by a wide range of IBD readers -- let's face it, IBD and CANSLIM need > > each other for both to prosper. For more sophisticated investors, who > > understand what the rules are *before* they consider breaking them, I > > suspect that the fundamental analysis aspects of CANSLIM *can* be > > applied successfully using other technical patterns besides the C&H. > > WON can't do that because he needs to keep his system simple enough to > > explain in short newspaper articles. > > > > Bottom line: I am planning to look for opportunities to apply B's > > patterns but I am going to continue to make my focus the C&H pattern, at > > least until I understand the other patterns as well as I am beginning to > > understand the C&H. > > > > Thanks for your observations. > > Warren > > > > Katherine Malm wrote: > > > > > Well, Warren, you've managed the $1m question. So here's my current > > > "take" on it--During strongly trending Bulls where everything is > > > rising, buying stocks near their 52 wk highs coming out of C&H or flat > > > base consolidations is fine and dandy. This assumes that any > > > correction will be followed by more up-movement as the stock changes > > > hands. It also assumes that earnings will continue to be good and will > > > grow at current or higher rates. > > > > > > > > > > > > Then there's the market coming off the bottom of an Ursa Major > > > correction. Earnings estimates and growth rates have been coming down, > > > prices have been coming down, every stock gets punished, most every > > > stock gets its outlook revised downward, all stocks in all "previously > > > overvalued" industries all get hit. But, there are plenty of stocks in > > > this shape that were hit too hard, their earnings outlook is now > > > improving, the economy appears to be turning around, and in certain > > > cases, these stocks have strong competitive advantage, strong > > > products/services, and more importantly strong balance sheets. This is > > > a long winded way to get here....but if the earnings growth estimates > > > have been slashed too low, then the prices have been slashed too low. > > > I'd say the next move for these kinds of stocks is up, and in some > > > cases, it will actually precede the earnings evidence. Wait for the > > > B/O of a C&H near the old highs and miss out on all the fun! er, profits! > > > > > > > > > > > > This is definitely not "party line." But if I have a good quality > > > CANSLIM stock that fits all the requirements, where in CANSLIM does it > > > tell me I can't use other technical patterns? Without Bulkowski, I > > > wouldn't have figured that out, however. Now, don't you dare reveal > > > that I'm working on the edges of CANSLIM or I'll get kicked off the > > > list! Hah! > > > > > > > > > > > > Tell me your thoughts on this... > > > > > > > > > > > > Katherine > > > > > > ----- Original Message ----- > > > > > > From: Warren Keuffel > > > > > > To: canslim > > > > > > Sent: Tuesday, January 08, 2002 11:38 AM > > > > > > Subject: [CANSLIM] Bulkowski re: patterns besides C&H > > > > > > > > > Katherine, > > > > > > My copy of Bulkowski arrived yesterday and (like others) I was > > > mightily > > > impressed. I was particularly intrigued by his analysis of C&H > > > patterns, particularly in how O'Neill's example was not actually a > > > C&H! > > > But what I am writing you about specifically is to inquire > > > whether you > > > have applied B.'s pattern analysis to other patterns observed in > > > stocks > > > you trade? Seems to me that, if B's research and analysis is > > > accurate, > > > that we would do well to have more arrows in our quivers than just > > > C&H. > > > > > > Thanks, > > > Warren > > > > > > > > > - > > > -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. > - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Patrick Wahl" Subject: Re: [CANSLIM] Bulkowski re: patterns besides C&H Date: 08 Jan 2002 18:30:08 -0700 As Katherine briefly said, its an ascending base. Stands for Lower Left to Upper Right, think of a chart where the price begins in the lower left hand corner and steadily moves up and across the chart page to the upper right hand corner. There are a number of stocks that do this, it can be hard to figure out where the entry point is, at least for me, since I tend to think in terms of breakouts. They are sort of unexciting stocks, but they would appear to be safe and steady money makers. You probably want to buy them on a pullback to some moving average. For these stocks the pullback is lilely to be sideways movement while a moving average line catches up to the price. You can scan for stocks doing this relatively easily using Quotes Plus, at least, other software would have the same ability. On 8 Jan 2002 at 15:09, J. David Stem wrote: > Katherine et al, > > Which of the two Bulkowski books is best? I can't find them at the local > B&N and am going to order from Amazon. > > By the way, I hate to ask, but what is LLUR? It's the one acronym that's > escaping me! > > Dave > > > > _________________________________________________________________ > Chat with friends online, try MSN Messenger: http://messenger.msn.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. ------------------------------------------------------------------------------- From: "Mike Gibbons" Subject: RE: [CANSLIM] DFXI Date: 08 Jan 2002 12:42:51 -1000 Yes it did but fell back below it's high of the day. Also, action in the handle has been sloppy - one normally hopes to see price pullback on falling volume but in fact it's made a couple of attempts to BO on above average volume since forming the pivot on 12/10. I wouldn't rush in with an overnight order! Mike Gibbons -----Original Message----- [mailto:owner-canslim@lists.xmission.com]On Behalf Of Dave Sent: Tuesday, January 08, 2002 11:39 AM DFXI made a late day surge today and may be on the verge of breaking out. - -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. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] Bulkowski re: patterns besides C&H Date: 08 Jan 2002 21:45:10 -0500 Warren, I am just getting started on reading tonight's emails, so may be repeating something others have already posted. CANSLIM was around and a developed concept long before IBD (originally just Investor's Daily) was even a twinkle in Uncle Bill's eye. CANSLIM does not depend on IBD, nor does IBD depend on CANSLIM, but they do both complement each other, and share some common data bases and systems. As to your basic question, should we have more arrows in our quiver than cup & handle? Yes, absolutely, of course. This group and it's members focus far too much on just finding that single pattern on the charts. WON says it's the strongest, and I accept that. But I rarely buy off a c&h pattern, focusing instead on finding the many flat bases where stocks are on the edge of hitting new highs. I did that throughout the long decline of the past two years, and made good money in 2001 for the entire year. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message ----- Sent: Tuesday, January 08, 2002 2:25 PM > Katherine, > > I am not an experienced or particularly successful CANSLIM investor, but > am learning fast -- particularly due to this great list. But with that > caveat out of the way, here's my take on the matter. Of necessity, > CANSLIM has to be a fairly simple (ha!) system so that it can be applied > by a wide range of IBD readers -- let's face it, IBD and CANSLIM need > each other for both to prosper. For more sophisticated investors, who > understand what the rules are *before* they consider breaking them, I > suspect that the fundamental analysis aspects of CANSLIM *can* be > applied successfully using other technical patterns besides the C&H. > WON can't do that because he needs to keep his system simple enough to > explain in short newspaper articles. > > Bottom line: I am planning to look for opportunities to apply B's > patterns but I am going to continue to make my focus the C&H pattern, at > least until I understand the other patterns as well as I am beginning to > understand the C&H. > > Thanks for your observations. > Warren > > Katherine Malm wrote: > > > Well, Warren, you've managed the $1m question. So here's my current > > "take" on it--During strongly trending Bulls where everything is > > rising, buying stocks near their 52 wk highs coming out of C&H or flat > > base consolidations is fine and dandy. This assumes that any > > correction will be followed by more up-movement as the stock changes > > hands. It also assumes that earnings will continue to be good and will > > grow at current or higher rates. > > > > > > > > Then there's the market coming off the bottom of an Ursa Major > > correction. Earnings estimates and growth rates have been coming down, > > prices have been coming down, every stock gets punished, most every > > stock gets its outlook revised downward, all stocks in all "previously > > overvalued" industries all get hit. But, there are plenty of stocks in > > this shape that were hit too hard, their earnings outlook is now > > improving, the economy appears to be turning around, and in certain > > cases, these stocks have strong competitive advantage, strong > > products/services, and more importantly strong balance sheets. This is > > a long winded way to get here....but if the earnings growth estimates > > have been slashed too low, then the prices have been slashed too low. > > I'd say the next move for these kinds of stocks is up, and in some > > cases, it will actually precede the earnings evidence. Wait for the > > B/O of a C&H near the old highs and miss out on all the fun! er, profits! > > > > > > > > This is definitely not "party line." But if I have a good quality > > CANSLIM stock that fits all the requirements, where in CANSLIM does it > > tell me I can't use other technical patterns? Without Bulkowski, I > > wouldn't have figured that out, however. Now, don't you dare reveal > > that I'm working on the edges of CANSLIM or I'll get kicked off the > > list! Hah! > > > > > > > > Tell me your thoughts on this... > > > > > > > > Katherine > > > > ----- Original Message ----- > > > > From: Warren Keuffel > > > > To: canslim > > > > Sent: Tuesday, January 08, 2002 11:38 AM > > > > Subject: [CANSLIM] Bulkowski re: patterns besides C&H > > > > > > Katherine, > > > > My copy of Bulkowski arrived yesterday and (like others) I was > > mightily > > impressed. I was particularly intrigued by his analysis of C&H > > patterns, particularly in how O'Neill's example was not actually a > > C&H! > > But what I am writing you about specifically is to inquire > > whether you > > have applied B.'s pattern analysis to other patterns observed in > > stocks > > you trade? Seems to me that, if B's research and analysis is > > accurate, > > that we would do well to have more arrows in our quivers than just > > C&H. > > > > Thanks, > > Warren > > > > > > - > > -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. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] Bulkowski re: patterns besides C&H Date: 08 Jan 2002 21:57:10 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_0051_01C1988F.6BDC9CD0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable You did fine, Katherine. I would only disagree with your comment that it = follows the 50DMA. The 50 is the one I have noticed the most = frequently, but that may be because DGO displays it. The best bet is to = use a charting service like BigCharts that allows for variable time = displays with different MA lines, and try a few till you find one that = most closely fits that particular stock. One of the keys to the "quality" of a LLUR (after it already = demonstrates solid CANSLIM criteria for growth, RS, EPS, etc) is the = degree of volatility. Less is better.=20 LLUR patterns can be used for both trading and investing. For trading, = it's critical to accurately identify the upper and lower trend lines as = they represent your short term exit and entry points. For investing, = with a smooth LLUR, you can pick just about any point for entry. Your = exit point is when the LLUR pattern changes, either with a big break out = up or down, or when a down trend crosses the lower trend line. Hope this helps, Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, January 08, 2002 6:09 PM Subject: Re: [CANSLIM] Bulkowski re: patterns besides C&H Hi Dave, The "Encyclopedia of Chart Patterns" is the only one on the shelves = just now. The new book "Trading Strategies" I believe is due any time. I = have pre-ordered it, but who knows if it'll be any good! LLUR is a list term which stands for "Lower Left Upper Right." At = least, so far, it's not in any TA book. Tom will answer this question a = little differently, but I see it as a stock in a long ascent which hugs = the 50dMA very closely in a well defined trading range. I believe Tom = says that it lasts a year or so. WON uses a term called "ascending base" = that is similar, but shorter lived than the LLUR. When Tom posts this = evening, I'm sure he'll explain further. Katherine ----- Original Message -----=20 From: J. David Stem=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, January 08, 2002 5:09 PM Subject: Re: [CANSLIM] Bulkowski re: patterns besides C&H Katherine et al, Which of the two Bulkowski books is best? I can't find them at the = local=20 B&N and am going to order from Amazon. By the way, I hate to ask, but what is LLUR? It's the one acronym = that's=20 escaping me! Dave _________________________________________________________________ Chat with friends online, try MSN Messenger: = http://messenger.msn.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. ------=_NextPart_000_0051_01C1988F.6BDC9CD0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
You did fine, Katherine. I would only disagree = with your=20 comment that it follows the 50DMA.  The 50 is the one I have = noticed the=20 most frequently, but that may be because DGO displays it. The best bet = is to use=20 a charting service like BigCharts that allows for variable time displays = with=20 different MA lines, and try a few till you find one that most closely = fits that=20 particular stock.
 
One of the keys to the "quality" of a LLUR = (after it=20 already demonstrates solid CANSLIM criteria for growth, RS, EPS, etc) is = the=20 degree of volatility. Less is better.
 
LLUR patterns can be used for both trading and = investing.=20 For trading, it's critical to accurately identify the upper and lower = trend=20 lines as they represent your short term exit and entry points. For = investing,=20 with a smooth LLUR, you can pick just about any point for entry. Your = exit point=20 is when the LLUR pattern changes, either with a big break out up or = down, or=20 when a down trend crosses the lower trend line.
 
Hope this helps,
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Katherine=20 Malm
Sent: Tuesday, January 08, 2002 = 6:09=20 PM
Subject: Re: [CANSLIM] = Bulkowski re:=20 patterns besides C&H

Hi Dave,
 
The "Encyclopedia of Chart Patterns" is the only one on the = shelves=20 just now. The new book "Trading Strategies" I believe is due any time. = I have=20 pre-ordered it, but who knows if it'll be any good!
 
LLUR is a list term which stands for "Lower Left Upper Right." At = least,=20 so far, it's not in any TA book. Tom will answer this question a = little=20 differently, but I see it as a stock in a long ascent which hugs the = 50dMA=20 very closely in a well defined trading range. I believe Tom says that = it lasts=20 a year or so. WON uses a term called "ascending base" that is similar, = but=20 shorter lived than the LLUR. When Tom posts this evening, I'm sure = he'll=20 explain further.
 
Katherine
----- Original Message -----
From:=20 J. = David=20 Stem
Sent: Tuesday, January 08, = 2002 5:09=20 PM
Subject: Re: [CANSLIM] = Bulkowski re:=20 patterns besides C&H

Katherine et al,

Which of the two Bulkowski = books is=20 best?  I can't find them at the local
B&N and am going = to order=20 from Amazon.

By the way, I hate to ask, but what is = LLUR?  It's=20 the one acronym that's
escaping=20 = me!

Dave



__________________________________________= _______________________
Chat=20 with friends online, try MSN Messenger: http://messenger.msn.com

-
-To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your = email.
------=_NextPart_000_0051_01C1988F.6BDC9CD0-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "david frank" Subject: Re: [CANSLIM] Bulkowski re: patterns besides C&H Date: 08 Jan 2002 21:30:07 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_0010_01C1988B.A4E19D90 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable tom, you sure do write with clarity. on the flat base patterns, do you = invest for the short or long term. and the LLUR patterns, do you trade = with the trend or wait for B/Os. and also thank you for your weekly list = i believe everyone appreciates it!!! david ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, January 08, 2002 8:57 PM Subject: Re: [CANSLIM] Bulkowski re: patterns besides C&H You did fine, Katherine. I would only disagree with your comment that = it follows the 50DMA. The 50 is the one I have noticed the most = frequently, but that may be because DGO displays it. The best bet is to = use a charting service like BigCharts that allows for variable time = displays with different MA lines, and try a few till you find one that = most closely fits that particular stock. One of the keys to the "quality" of a LLUR (after it already = demonstrates solid CANSLIM criteria for growth, RS, EPS, etc) is the = degree of volatility. Less is better.=20 LLUR patterns can be used for both trading and investing. For trading, = it's critical to accurately identify the upper and lower trend lines as = they represent your short term exit and entry points. For investing, = with a smooth LLUR, you can pick just about any point for entry. Your = exit point is when the LLUR pattern changes, either with a big break out = up or down, or when a down trend crosses the lower trend line. Hope this helps, Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, January 08, 2002 6:09 PM Subject: Re: [CANSLIM] Bulkowski re: patterns besides C&H Hi Dave, The "Encyclopedia of Chart Patterns" is the only one on the shelves = just now. The new book "Trading Strategies" I believe is due any time. I = have pre-ordered it, but who knows if it'll be any good! LLUR is a list term which stands for "Lower Left Upper Right." At = least, so far, it's not in any TA book. Tom will answer this question a = little differently, but I see it as a stock in a long ascent which hugs = the 50dMA very closely in a well defined trading range. I believe Tom = says that it lasts a year or so. WON uses a term called "ascending base" = that is similar, but shorter lived than the LLUR. When Tom posts this = evening, I'm sure he'll explain further. Katherine ----- Original Message -----=20 From: J. David Stem=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, January 08, 2002 5:09 PM Subject: Re: [CANSLIM] Bulkowski re: patterns besides C&H Katherine et al, Which of the two Bulkowski books is best? I can't find them at = the local=20 B&N and am going to order from Amazon. By the way, I hate to ask, but what is LLUR? It's the one acronym = that's=20 escaping me! Dave _________________________________________________________________ Chat with friends online, try MSN Messenger: = http://messenger.msn.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. ------=_NextPart_000_0010_01C1988B.A4E19D90 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
tom, you sure do write with clarity. on = the flat=20 base patterns, do you invest for the short or long term. and the LLUR = patterns,=20 do you trade with the trend or wait for B/Os. and also thank you for = your weekly=20 list i believe everyone appreciates it!!! david
----- Original Message -----
From:=20 Tom = Worley=20
Sent: Tuesday, January 08, 2002 = 8:57=20 PM
Subject: Re: [CANSLIM] = Bulkowski re:=20 patterns besides C&H

You did fine, Katherine. I would only disagree = with your=20 comment that it follows the 50DMA.  The 50 is the one I have = noticed the=20 most frequently, but that may be because DGO displays it. The best bet = is to=20 use a charting service like BigCharts that allows for variable time = displays=20 with different MA lines, and try a few till you find one that most = closely=20 fits that particular stock.
 
One of the keys to the "quality" of a LLUR = (after it=20 already demonstrates solid CANSLIM criteria for growth, RS, EPS, etc) = is the=20 degree of volatility. Less is better.
 
LLUR patterns can be used for both trading and = investing. For trading, it's critical to accurately identify the upper = and=20 lower trend lines as they represent your short term exit and entry = points. For=20 investing, with a smooth LLUR, you can pick just about any point for = entry.=20 Your exit point is when the LLUR pattern changes, either with a big = break out=20 up or down, or when a down trend crosses the lower trend = line.
 
Hope this helps,
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Katherine=20 Malm
Sent: Tuesday, January 08, = 2002 6:09=20 PM
Subject: Re: [CANSLIM] = Bulkowski re:=20 patterns besides C&H

Hi Dave,
 
The "Encyclopedia of Chart Patterns" is the only one on = the=20 shelves just now. The new book "Trading Strategies" I believe is due = any=20 time. I have pre-ordered it, but who knows if it'll be any = good!
 
LLUR is a list term which stands for "Lower Left Upper Right." = At=20 least, so far, it's not in any TA book. Tom will answer this = question a=20 little differently, but I see it as a stock in a long ascent which = hugs the=20 50dMA very closely in a well defined trading range. I believe Tom = says that=20 it lasts a year or so. WON uses a term called "ascending base" that = is=20 similar, but shorter lived than the LLUR. When Tom posts this = evening, I'm=20 sure he'll explain further.
 
Katherine
----- Original Message ----- =
From:=20 J. David=20 Stem
To: canslim@lists.xmission.com= =20
Sent: Tuesday, January 08, = 2002 5:09=20 PM
Subject: Re: [CANSLIM] = Bulkowski re:=20 patterns besides C&H

Katherine et al,

Which of the two Bulkowski = books is=20 best?  I can't find them at the local
B&N and am = going to=20 order from Amazon.

By the way, I hate to ask, but what is=20 LLUR?  It's the one acronym that's
escaping=20 = me!

Dave



__________________________________________= _______________________
Chat=20 with friends online, try MSN Messenger: http://messenger.msn.com

-
-To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
-In= =20 the email body, write "subscribe canslim" or
-"unsubscribe=20 canslim".  Do not use quotes in your=20 email.
------=_NextPart_000_0010_01C1988B.A4E19D90-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] Bulkowski re: patterns besides C&H Date: 08 Jan 2002 22:45:15 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_009E_01C19896.24015CF0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi David, Thanks for the kind words, I hope what I post helps you and other = members. I am an investor, especially now that I have little time to watch the = markets. Even when I was an active stock broker, I did very little short = term trading, and then only when the clients wanted to, and were = suitable. When I consider buying a stock, I always ask myself the = question, "am I willing to own this stock for at least three months, = even if it's not making me money?" If the answer is not a resounding YES = (based on fundies, my projection of future earnings, chart, "M", etc.) = then I don't buy it. That simple. Ideally for me, I want to like it = enough to own it for a year or two. I have actually bought very few LLUR patterns, just a personal quirk = with me, I guess. But you don't want to buy a LLUR on a true b/o, = because that may signal the end of the pattern. Whether investing or = trading, the ideal is to buy as it nudges and bounces off the moving = average line you have determined best describes the lower trend line. At = that point it is likely to be below its 12 month high, usually just set = a few days to a few weeks prior. What you are buying is a trend, and = when the trend changes you must be on guard. A sharp breakout up would = signal a change, and be cause for you to have your finger on the sell = trigger. A break down in price can be sharp, because there is no other = established base nearby to create support on any correction. And holders = of long term tend to get complacent, once they start to panic, it can = quickly turn into an avalanche of sell orders. I must point out to members that LLUR is not a recognized or documented = pattern. It was contributed as a concept to this group by a former = member (James??) that ultimately left in a huff when some of his other = ideas and practices were not as well accepted by some members (me = particularly). But this was one that did make sense. The chart pattern = is seen more clearly by tilting your head about 30 to 45 degrees to the = left (depending on the angle of the trend). You then see a flat line = base that is ultimately steadily appreciating in price.=20 Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: david frank=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, January 08, 2002 10:30 PM Subject: Re: [CANSLIM] Bulkowski re: patterns besides C&H tom, you sure do write with clarity. on the flat base patterns, do you = invest for the short or long term. and the LLUR patterns, do you trade = with the trend or wait for B/Os. and also thank you for your weekly list = i believe everyone appreciates it!!! david ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, January 08, 2002 8:57 PM Subject: Re: [CANSLIM] Bulkowski re: patterns besides C&H You did fine, Katherine. I would only disagree with your comment = that it follows the 50DMA. The 50 is the one I have noticed the most = frequently, but that may be because DGO displays it. The best bet is to = use a charting service like BigCharts that allows for variable time = displays with different MA lines, and try a few till you find one that = most closely fits that particular stock. One of the keys to the "quality" of a LLUR (after it already = demonstrates solid CANSLIM criteria for growth, RS, EPS, etc) is the = degree of volatility. Less is better.=20 LLUR patterns can be used for both trading and investing. For = trading, it's critical to accurately identify the upper and lower trend = lines as they represent your short term exit and entry points. For = investing, with a smooth LLUR, you can pick just about any point for = entry. Your exit point is when the LLUR pattern changes, either with a = big break out up or down, or when a down trend crosses the lower trend = line. Hope this helps, Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, January 08, 2002 6:09 PM Subject: Re: [CANSLIM] Bulkowski re: patterns besides C&H Hi Dave, The "Encyclopedia of Chart Patterns" is the only one on the = shelves just now. The new book "Trading Strategies" I believe is due any = time. I have pre-ordered it, but who knows if it'll be any good! LLUR is a list term which stands for "Lower Left Upper Right." At = least, so far, it's not in any TA book. Tom will answer this question a = little differently, but I see it as a stock in a long ascent which hugs = the 50dMA very closely in a well defined trading range. I believe Tom = says that it lasts a year or so. WON uses a term called "ascending base" = that is similar, but shorter lived than the LLUR. When Tom posts this = evening, I'm sure he'll explain further. Katherine ----- Original Message -----=20 From: J. David Stem=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, January 08, 2002 5:09 PM Subject: Re: [CANSLIM] Bulkowski re: patterns besides C&H Katherine et al, Which of the two Bulkowski books is best? I can't find them at = the local=20 B&N and am going to order from Amazon. By the way, I hate to ask, but what is LLUR? It's the one = acronym that's=20 escaping me! Dave = _________________________________________________________________ Chat with friends online, try MSN Messenger: = http://messenger.msn.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. ------=_NextPart_000_009E_01C19896.24015CF0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Hi David,
 
Thanks for the kind words, I hope what I post = helps you=20 and other members.
 
I am an investor, especially now that I have = little time=20 to watch the markets. Even when I was an active stock broker, I did very = little=20 short term trading, and then only when the clients wanted to, and were = suitable.=20 When I consider buying a stock, I always ask myself the question, "am I = willing=20 to own this stock for at least three months, even if it's not making me = money?"=20 If the answer is not a resounding YES (based on fundies, my projection = of future=20 earnings, chart, "M", etc.) then I don't buy it. That simple. Ideally = for me, I=20 want to like it enough to own it for a year or two.
 
I have actually bought very few LLUR patterns, = just a=20 personal quirk with me, I guess. But you don't want to buy a LLUR on a = true b/o,=20 because that may signal the end of the pattern. Whether investing or = trading,=20 the ideal is to buy as it nudges and bounces off the moving average line = you=20 have determined best describes the lower trend line. At that point it is = likely=20 to be below its 12 month high, usually just set a few days to a few = weeks prior.=20 What you are buying is a trend, and when the trend changes you must be = on guard.=20 A sharp breakout up would signal a change, and be cause for you to have = your=20 finger on the sell trigger. A break down in price can be sharp, because = there is=20 no other established base nearby to create support on any correction. = And=20 holders of long term tend to get complacent, once they start to panic, = it can=20 quickly turn into an avalanche of sell orders.
 
I must point out to members that LLUR is not a = recognized=20 or documented pattern. It was contributed as a concept to this group by = a former=20 member (James??) that ultimately left in a huff when some of his other = ideas and=20 practices were not as well accepted by some members (me particularly). = But this=20 was one that did make sense. The chart pattern is seen more clearly by = tilting=20 your head about 30 to 45 degrees to the left (depending on the angle of = the=20 trend). You then see a flat line base that is ultimately steadily = appreciating=20 in price.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 david frank
Sent: Tuesday, January 08, 2002 = 10:30=20 PM
Subject: Re: [CANSLIM] = Bulkowski re:=20 patterns besides C&H

tom, you sure do write with clarity. = on the flat=20 base patterns, do you invest for the short or long term. and the LLUR=20 patterns, do you trade with the trend or wait for B/Os. and also thank = you for=20 your weekly list i believe everyone appreciates it!!! = david
----- Original Message -----
From:=20 Tom=20 Worley
Sent: Tuesday, January 08, = 2002 8:57=20 PM
Subject: Re: [CANSLIM] = Bulkowski re:=20 patterns besides C&H

You did fine, Katherine. I would only = disagree with=20 your comment that it follows the 50DMA.  The 50 is the one I = have=20 noticed the most frequently, but that may be because DGO displays = it. The=20 best bet is to use a charting service like BigCharts that allows for = variable time displays with different MA lines, and try a few till = you find=20 one that most closely fits that particular stock.
 
One of the keys to the "quality" of a LLUR = (after it=20 already demonstrates solid CANSLIM criteria for growth, RS, EPS, = etc) is the=20 degree of volatility. Less is better.
 
LLUR patterns can be used for both trading = and=20 investing. For trading, it's critical to accurately identify the = upper and=20 lower trend lines as they represent your short term exit and entry = points.=20 For investing, with a smooth LLUR, you can pick just about any point = for=20 entry. Your exit point is when the LLUR pattern changes, either with = a big=20 break out up or down, or when a down trend crosses the lower trend=20 line.
 
Hope this helps,
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message ----- =
From:=20 Katherine=20 Malm
To: canslim@lists.xmission.com= =20
Sent: Tuesday, January 08, = 2002 6:09=20 PM
Subject: Re: [CANSLIM] = Bulkowski re:=20 patterns besides C&H

Hi Dave,
 
The "Encyclopedia of Chart Patterns" is the only one on = the=20 shelves just now. The new book "Trading Strategies" I believe is = due any=20 time. I have pre-ordered it, but who knows if it'll be any = good!
 
LLUR is a list term which stands for "Lower Left Upper = Right." At=20 least, so far, it's not in any TA book. Tom will answer this = question a=20 little differently, but I see it as a stock in a long ascent which = hugs=20 the 50dMA very closely in a well defined trading range. I believe = Tom says=20 that it lasts a year or so. WON uses a term called "ascending = base" that=20 is similar, but shorter lived than the LLUR. When Tom posts this = evening,=20 I'm sure he'll explain further.
 
Katherine
----- Original Message ----- =
From:=20 J. David=20 Stem
To: canslim@lists.xmission.com= =20
Sent: Tuesday, January = 08, 2002=20 5:09 PM
Subject: Re: [CANSLIM] = Bulkowski=20 re: patterns besides C&H

Katherine et al,

Which of the two = Bulkowski books=20 is best?  I can't find them at the local
B&N and am = going=20 to order from Amazon.

By the way, I hate to ask, but what = is=20 LLUR?  It's the one acronym that's
escaping=20 = me!

Dave



__________________________________________= _______________________
Chat=20 with friends online, try MSN Messenger: http://messenger.msn.com

-
-To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
-In= =20 the email body, write "subscribe canslim" or
-"unsubscribe=20 canslim".  Do not use quotes in your=20 = email.
------=_NextPart_000_009E_01C19896.24015CF0-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: AW: [CANSLIM] DFXI Date: 09 Jan 2002 12:32:41 +0100 But still in the upper third of the price range of the day. But you are right, DFXI is really hard to predict, I burned my fingers more then once, that is the reason why I bought in the trading range of the handle well before yesterdays breakout. There seems to bee huge resistance above 32.50 at least that was my impression looking at the realtime bids and asks for a while yesterday evening ... > -----Ursprungliche Nachricht----- > Von: Mike Gibbons [SMTP:mikegibbons@proactech.com] > Gesendet am: Tuesday, January 08, 2002 11:43 PM > An: canslim@lists.xmission.com > Betreff: RE: [CANSLIM] DFXI > > Yes it did but fell back below it's high of the day. Also, action in the > handle has been sloppy - one normally hopes to see price pullback on falling > volume but in fact it's made a couple of attempts to BO on above average > volume since forming the pivot on 12/10. I wouldn't rush in with an > overnight order! > > Mike Gibbons > > -----Original Message----- > From: owner-canslim@lists.xmission.com > [mailto:owner-canslim@lists.xmission.com]On Behalf Of Dave > Sent: Tuesday, January 08, 2002 11:39 AM > To: canslim@lists.xmission.com > Subject: [CANSLIM] DFXI > > DFXI made a late day surge today and may be on the verge of breaking out. > > - > -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. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: [CANSLIM] TASR Date: 09 Jan 2002 08:46:35 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_0038_01C198EA.2508D6B0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Taser is currently crossed market in pre-market trading after heavy = volume and a 13% gain yesterday. Currently trading 16.75, up nearly 15% = more. Obviously way too extended to buy, but if you were as lucky as me = to buy more at yesterday's low, looks like a volatile and hopefully nice = ride today on a likely gap up on the open. Tom Worley stkguru@netside.net AIM: TexWorley ------=_NextPart_000_0038_01C198EA.2508D6B0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Taser is currently crossed market in pre-market = trading=20 after heavy volume and a 13% gain yesterday. Currently trading 16.75, up = nearly=20 15% more. Obviously way too extended to buy, but if you were as lucky as = me to=20 buy more at yesterday's low, looks like a volatile and hopefully nice = ride today=20 on a likely gap up on the open.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
------=_NextPart_000_0038_01C198EA.2508D6B0-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] TASR Date: 09 Jan 2002 08:06:47 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_0009_01C198E4.95D34160 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Nice catch, Tom. It shows the value of knowing the underlying stock and = catching it on good pullbacks. In your analysis, would it bother you = that they have several quarters of negative EPS? I also show a forward = growth rate of -2%. Because of this, a stock like TASR would run below = my radar. What's your take on forward growth? I suppose if they were = awarded any substantial contracts, etc., their forward story would be = different than the current analysis would suggest. Katherine ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, January 09, 2002 7:46 AM Subject: [CANSLIM] TASR Taser is currently crossed market in pre-market trading after heavy = volume and a 13% gain yesterday. Currently trading 16.75, up nearly 15% = more. Obviously way too extended to buy, but if you were as lucky as me = to buy more at yesterday's low, looks like a volatile and hopefully nice = ride today on a likely gap up on the open. Tom Worley stkguru@netside.net AIM: TexWorley ------=_NextPart_000_0009_01C198E4.95D34160 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Nice catch, Tom. It shows the value of knowing the underlying stock = and=20 catching it on good pullbacks. In your analysis, would it bother you = that they=20 have several quarters of negative EPS? I also show a forward growth rate = of -2%.=20 Because of this, a stock like TASR would run below my radar. What's your = take on=20 forward growth? I suppose if they were awarded any substantial = contracts, etc.,=20 their forward story would be different than the current analysis would=20 suggest.
 
Katherine
----- Original Message -----
From:=20 Tom = Worley=20
Sent: Wednesday, January 09, = 2002 7:46=20 AM
Subject: [CANSLIM] TASR

Taser is currently crossed market in = pre-market trading=20 after heavy volume and a 13% gain yesterday. Currently trading 16.75, = up=20 nearly 15% more. Obviously way too extended to buy, but if you were as = lucky=20 as me to buy more at yesterday's low, looks like a volatile and = hopefully nice=20 ride today on a likely gap up on the open.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
------=_NextPart_000_0009_01C198E4.95D34160-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: AW: [CANSLIM] DFXI Date: 09 Jan 2002 15:39:16 +0100 Breaks out right now, lets see if it holds up ... > -----Ursprungliche Nachricht----- > Von: Mike Gibbons [SMTP:mikegibbons@proactech.com] > Gesendet am: Tuesday, January 08, 2002 11:43 PM > An: canslim@lists.xmission.com > Betreff: RE: [CANSLIM] DFXI > > Yes it did but fell back below it's high of the day. Also, action in the > handle has been sloppy - one normally hopes to see price pullback on falling > volume but in fact it's made a couple of attempts to BO on above average > volume since forming the pivot on 12/10. I wouldn't rush in with an > overnight order! > > Mike Gibbons > > -----Original Message----- > From: owner-canslim@lists.xmission.com > [mailto:owner-canslim@lists.xmission.com]On Behalf Of Dave > Sent: Tuesday, January 08, 2002 11:39 AM > To: canslim@lists.xmission.com > Subject: [CANSLIM] DFXI > > DFXI made a late day surge today and may be on the verge of breaking out. > > - > -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. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] TASR Date: 09 Jan 2002 09:39:46 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_0054_01C198F1.92D5F400 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi Katherine, TASR is a good example of where my propensity for fundamentals pays off = when used in combination with CANSLIM. I liked the story of Taser, I = knew the product (non lethal weapon, electrical). I held off initially = because their sales were so low, and they were yet to be profitable (one = of my basic requirements). But after 9/11, when I saw the airlines = talking to the company (and over 1,000 police departments were already = testing or using their tasers), I saw the immediate value of their = product, and the likelihood of FAA approval (expected now later this = month).=20 United Airlines already contracted with them for about 1,000 units (at = about $600 each, doesn't sound like much but a big percentage of = quarterly sales, and they have inventory for immediate delivery, so = should be in Q4 results. Two other airlines also contracted with them, = and several others are talking to them, but waiting on FAA approval of = non-lethal weapons in the cockpit. Now they also announce that they are introducing a "home consumer" stun = gun, lower powered than the police version. Opens up another piece of = the marketing pie. Less than 30 minutes into today's open, it already up = over 21% on over 4X ADV, I'm smiling. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, January 09, 2002 9:06 AM Subject: Re: [CANSLIM] TASR Nice catch, Tom. It shows the value of knowing the underlying stock = and catching it on good pullbacks. In your analysis, would it bother you = that they have several quarters of negative EPS? I also show a forward = growth rate of -2%. Because of this, a stock like TASR would run below = my radar. What's your take on forward growth? I suppose if they were = awarded any substantial contracts, etc., their forward story would be = different than the current analysis would suggest. Katherine ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, January 09, 2002 7:46 AM Subject: [CANSLIM] TASR Taser is currently crossed market in pre-market trading after heavy = volume and a 13% gain yesterday. Currently trading 16.75, up nearly 15% = more. Obviously way too extended to buy, but if you were as lucky as me = to buy more at yesterday's low, looks like a volatile and hopefully nice = ride today on a likely gap up on the open. Tom Worley stkguru@netside.net AIM: TexWorley ------=_NextPart_000_0054_01C198F1.92D5F400 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Hi Katherine,
 
TASR is a good example of where my propensity = for=20 fundamentals pays off when used in combination with CANSLIM. I liked the = story=20 of Taser, I knew the product (non lethal weapon, electrical). I held off = initially because their sales were so low, and they were yet to be = profitable=20 (one of my basic requirements). But after 9/11, when I saw the airlines = talking=20 to the company (and over 1,000 police departments were already testing = or using=20 their tasers), I saw the immediate value of their product, and the = likelihood of=20 FAA approval (expected now later this month).
 
United Airlines already contracted with them for = about=20 1,000 units (at about $600 each, doesn't sound like much but a big = percentage of=20 quarterly sales, and they have inventory for immediate delivery, so = should be in=20 Q4 results. Two other airlines also contracted with them, and several = others are=20 talking to them, but waiting on FAA approval of non-lethal weapons in = the=20 cockpit.
 
Now they also announce that they are introducing = a "home=20 consumer" stun gun, lower powered than the police version. Opens up = another=20 piece of the marketing pie. Less than 30 minutes into today's open, it = already=20 up over 21% on over 4X ADV, I'm smiling.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Katherine=20 Malm
Sent: Wednesday, January 09, = 2002 9:06=20 AM
Subject: Re: [CANSLIM] = TASR

Nice catch, Tom. It shows the value of knowing the underlying = stock and=20 catching it on good pullbacks. In your analysis, would it bother you = that they=20 have several quarters of negative EPS? I also show a forward growth = rate of=20 -2%. Because of this, a stock like TASR would run below my radar. = What's your=20 take on forward growth? I suppose if they were awarded any substantial = contracts, etc., their forward story would be different than the = current=20 analysis would suggest.
 
Katherine
----- Original Message -----
From:=20 Tom=20 Worley
Sent: Wednesday, January 09, = 2002 7:46=20 AM
Subject: [CANSLIM] TASR

Taser is currently crossed market in = pre-market=20 trading after heavy volume and a 13% gain yesterday. Currently = trading=20 16.75, up nearly 15% more. Obviously way too extended to buy, but if = you=20 were as lucky as me to buy more at yesterday's low, looks like a = volatile=20 and hopefully nice ride today on a likely gap up on the = open.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
------=_NextPart_000_0054_01C198F1.92D5F400-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] TASR Date: 09 Jan 2002 09:08:55 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_002F_01C198ED.43F538E0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Three thoughts, Tom. First, whether or not you play this as "pure" CANSLIM, I think your = analysis shows how important underlying fundamental due diligence is = when assessing the quality of a stock/company. The longer the expected = holding period, the more important this becomes. Second...excellent pick! Third...darn....are we going to have to worry about random people = tasering us in a crowded mall? Katherine ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, January 09, 2002 8:39 AM Subject: Re: [CANSLIM] TASR Hi Katherine, TASR is a good example of where my propensity for fundamentals pays = off when used in combination with CANSLIM. I liked the story of Taser, I = knew the product (non lethal weapon, electrical). I held off initially = because their sales were so low, and they were yet to be profitable (one = of my basic requirements). But after 9/11, when I saw the airlines = talking to the company (and over 1,000 police departments were already = testing or using their tasers), I saw the immediate value of their = product, and the likelihood of FAA approval (expected now later this = month).=20 United Airlines already contracted with them for about 1,000 units (at = about $600 each, doesn't sound like much but a big percentage of = quarterly sales, and they have inventory for immediate delivery, so = should be in Q4 results. Two other airlines also contracted with them, = and several others are talking to them, but waiting on FAA approval of = non-lethal weapons in the cockpit. Now they also announce that they are introducing a "home consumer" = stun gun, lower powered than the police version. Opens up another piece = of the marketing pie. Less than 30 minutes into today's open, it already = up over 21% on over 4X ADV, I'm smiling. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, January 09, 2002 9:06 AM Subject: Re: [CANSLIM] TASR Nice catch, Tom. It shows the value of knowing the underlying stock = and catching it on good pullbacks. In your analysis, would it bother you = that they have several quarters of negative EPS? I also show a forward = growth rate of -2%. Because of this, a stock like TASR would run below = my radar. What's your take on forward growth? I suppose if they were = awarded any substantial contracts, etc., their forward story would be = different than the current analysis would suggest. Katherine ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, January 09, 2002 7:46 AM Subject: [CANSLIM] TASR Taser is currently crossed market in pre-market trading after = heavy volume and a 13% gain yesterday. Currently trading 16.75, up = nearly 15% more. Obviously way too extended to buy, but if you were as = lucky as me to buy more at yesterday's low, looks like a volatile and = hopefully nice ride today on a likely gap up on the open. Tom Worley stkguru@netside.net AIM: TexWorley ------=_NextPart_000_002F_01C198ED.43F538E0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Three thoughts, Tom.
 
First, whether or not you play this as "pure" CANSLIM, I think your = analysis shows how important underlying fundamental due diligence is = when=20 assessing the quality of a stock/company. The longer the expected = holding=20 period, the more important this becomes.
 
Second...excellent pick!
 
Third...darn....are we going to have to worry about random people = tasering=20 us in a crowded mall?
 
 
Katherine
----- Original Message -----
From:=20 Tom = Worley=20
Sent: Wednesday, January 09, = 2002 8:39=20 AM
Subject: Re: [CANSLIM] = TASR

Hi Katherine,
 
TASR is a good example of where my propensity = for=20 fundamentals pays off when used in combination with CANSLIM. I liked = the story=20 of Taser, I knew the product (non lethal weapon, electrical). I held = off=20 initially because their sales were so low, and they were yet to be = profitable=20 (one of my basic requirements). But after 9/11, when I saw the = airlines=20 talking to the company (and over 1,000 police departments were already = testing=20 or using their tasers), I saw the immediate value of their product, = and the=20 likelihood of FAA approval (expected now later this month). =
 
United Airlines already contracted with them = for about=20 1,000 units (at about $600 each, doesn't sound like much but a big = percentage=20 of quarterly sales, and they have inventory for immediate delivery, so = should=20 be in Q4 results. Two other airlines also contracted with them, and = several=20 others are talking to them, but waiting on FAA approval of non-lethal = weapons=20 in the cockpit.
 
Now they also announce that they are = introducing a "home=20 consumer" stun gun, lower powered than the police version. Opens up = another=20 piece of the marketing pie. Less than 30 minutes into today's open, it = already=20 up over 21% on over 4X ADV, I'm smiling.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Katherine=20 Malm
Sent: Wednesday, January 09, = 2002 9:06=20 AM
Subject: Re: [CANSLIM] = TASR

Nice catch, Tom. It shows the value of knowing the underlying = stock and=20 catching it on good pullbacks. In your analysis, would it bother you = that=20 they have several quarters of negative EPS? I also show a forward = growth=20 rate of -2%. Because of this, a stock like TASR would run below my = radar.=20 What's your take on forward growth? I suppose if they were awarded = any=20 substantial contracts, etc., their forward story would be different = than the=20 current analysis would suggest.
 
Katherine
----- Original Message ----- =
From:=20 Tom=20 Worley
To: canslim@lists.xmission.com= =20
Sent: Wednesday, January = 09, 2002=20 7:46 AM
Subject: [CANSLIM] = TASR

Taser is currently crossed market in = pre-market=20 trading after heavy volume and a 13% gain yesterday. Currently = trading=20 16.75, up nearly 15% more. Obviously way too extended to buy, but = if you=20 were as lucky as me to buy more at yesterday's low, looks like a = volatile=20 and hopefully nice ride today on a likely gap up on the = open.
 
Tom Worley
stkguru@netside.net
AIM:=20 = TexWorley
------=_NextPart_000_002F_01C198ED.43F538E0-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] TASR Date: 09 Jan 2002 09:55:15 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_0071_01C198F3.BD074650 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi Katherine, On your third point, only if you seem threatening, and at least it's non = lethal. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, January 09, 2002 10:08 AM Subject: Re: [CANSLIM] TASR Three thoughts, Tom. First, whether or not you play this as "pure" CANSLIM, I think your = analysis shows how important underlying fundamental due diligence is = when assessing the quality of a stock/company. The longer the expected = holding period, the more important this becomes. Second...excellent pick! Third...darn....are we going to have to worry about random people = tasering us in a crowded mall? Katherine ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, January 09, 2002 8:39 AM Subject: Re: [CANSLIM] TASR Hi Katherine, TASR is a good example of where my propensity for fundamentals pays = off when used in combination with CANSLIM. I liked the story of Taser, I = knew the product (non lethal weapon, electrical). I held off initially = because their sales were so low, and they were yet to be profitable (one = of my basic requirements). But after 9/11, when I saw the airlines = talking to the company (and over 1,000 police departments were already = testing or using their tasers), I saw the immediate value of their = product, and the likelihood of FAA approval (expected now later this = month).=20 United Airlines already contracted with them for about 1,000 units = (at about $600 each, doesn't sound like much but a big percentage of = quarterly sales, and they have inventory for immediate delivery, so = should be in Q4 results. Two other airlines also contracted with them, = and several others are talking to them, but waiting on FAA approval of = non-lethal weapons in the cockpit. Now they also announce that they are introducing a "home consumer" = stun gun, lower powered than the police version. Opens up another piece = of the marketing pie. Less than 30 minutes into today's open, it already = up over 21% on over 4X ADV, I'm smiling. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, January 09, 2002 9:06 AM Subject: Re: [CANSLIM] TASR Nice catch, Tom. It shows the value of knowing the underlying = stock and catching it on good pullbacks. In your analysis, would it = bother you that they have several quarters of negative EPS? I also show = a forward growth rate of -2%. Because of this, a stock like TASR would = run below my radar. What's your take on forward growth? I suppose if = they were awarded any substantial contracts, etc., their forward story = would be different than the current analysis would suggest. Katherine ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, January 09, 2002 7:46 AM Subject: [CANSLIM] TASR Taser is currently crossed market in pre-market trading after = heavy volume and a 13% gain yesterday. Currently trading 16.75, up = nearly 15% more. Obviously way too extended to buy, but if you were as = lucky as me to buy more at yesterday's low, looks like a volatile and = hopefully nice ride today on a likely gap up on the open. Tom Worley stkguru@netside.net AIM: TexWorley ------=_NextPart_000_0071_01C198F3.BD074650 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Hi Katherine,
 
On your third point, only if you seem = threatening, and at=20 least it's non lethal.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Katherine=20 Malm
Sent: Wednesday, January 09, = 2002 10:08=20 AM
Subject: Re: [CANSLIM] = TASR

Three thoughts, Tom.
 
First, whether or not you play this as "pure" CANSLIM, I think = your=20 analysis shows how important underlying fundamental due diligence is = when=20 assessing the quality of a stock/company. The longer the expected = holding=20 period, the more important this becomes.
 
Second...excellent pick!
 
Third...darn....are we going to have to worry about random people = tasering us in a crowded mall?
 
 
Katherine
----- Original Message -----
From:=20 Tom=20 Worley
Sent: Wednesday, January 09, = 2002 8:39=20 AM
Subject: Re: [CANSLIM] = TASR

Hi Katherine,
 
TASR is a good example of where my = propensity for=20 fundamentals pays off when used in combination with CANSLIM. I liked = the=20 story of Taser, I knew the product (non lethal weapon, electrical). = I held=20 off initially because their sales were so low, and they were yet to = be=20 profitable (one of my basic requirements). But after 9/11, when I = saw the=20 airlines talking to the company (and over 1,000 police departments = were=20 already testing or using their tasers), I saw the immediate value of = their=20 product, and the likelihood of FAA approval (expected now later this = month).=20
 
United Airlines already contracted with them = for about=20 1,000 units (at about $600 each, doesn't sound like much but a big=20 percentage of quarterly sales, and they have inventory for immediate = delivery, so should be in Q4 results. Two other airlines also = contracted=20 with them, and several others are talking to them, but waiting on = FAA=20 approval of non-lethal weapons in the cockpit.
 
Now they also announce that they are = introducing a=20 "home consumer" stun gun, lower powered than the police version. = Opens up=20 another piece of the marketing pie. Less than 30 minutes into = today's open,=20 it already up over 21% on over 4X ADV, I'm smiling.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message ----- =
From:=20 Katherine=20 Malm
To: canslim@lists.xmission.com= =20
Sent: Wednesday, January = 09, 2002=20 9:06 AM
Subject: Re: [CANSLIM] = TASR

Nice catch, Tom. It shows the value of knowing the underlying = stock=20 and catching it on good pullbacks. In your analysis, would it = bother you=20 that they have several quarters of negative EPS? I also show a = forward=20 growth rate of -2%. Because of this, a stock like TASR would run = below my=20 radar. What's your take on forward growth? I suppose if they were = awarded=20 any substantial contracts, etc., their forward story would be = different=20 than the current analysis would suggest.
 
Katherine
----- Original Message ----- =
From:=20 Tom=20 Worley
To: canslim@lists.xmission.com= =20
Sent: Wednesday, January = 09, 2002=20 7:46 AM
Subject: [CANSLIM] = TASR

Taser is currently crossed market in = pre-market=20 trading after heavy volume and a 13% gain yesterday. Currently = trading=20 16.75, up nearly 15% more. Obviously way too extended to buy, = but if you=20 were as lucky as me to buy more at yesterday's low, looks like a = volatile and hopefully nice ride today on a likely gap up on the = open.
 
Tom Worley
stkguru@netside.net
AIM:=20 = TexWorley
------=_NextPart_000_0071_01C198F3.BD074650-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Dave" Subject: RE: [CANSLIM] DFXI Date: 09 Jan 2002 10:28:40 -0500 True, the handle was a bit sloppy but for the most part volume in the handle was below normal. It also made a pretty nice ascending triangle. As for the action at the end of the day, I think you're reading too much into it. The stock made a tremendous surge on volume in the last half hour of trading. It then pulled back on lower volume but didn't undercut that "intraday breakout point". It then found some new buyers at the very end of the session. You can find flaws in any chart formation. I've missed many huge winners by refusing to buy what I perceived as a flawed handle, or by putting too much weight on intraday analysis. Even IBD will go on to call "perfect cup-handle breakouts" on stocks that have somewhat questionable formations. I won't be surprised to see DFXI mentioned tomorrow as a good example. Of course hindsight is 20/20. Nevertheless I'm glad I bought yesterday :) > > Yes it did but fell back below it's high of the day. Also, > action in the > > handle has been sloppy - one normally hopes to see price > pullback on falling > > volume but in fact it's made a couple of attempts to BO on > above average > > volume since forming the pivot on 12/10. I wouldn't rush in with an > > overnight order! > > > > Mike Gibbons - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Edward McDonough" Subject: RE: [CANSLIM] Bulkowski re: patterns besides C&H Date: 09 Jan 2002 10:36:05 -0800 This is a multi-part message in MIME format. ------=_NextPart_000_0046_01C198F9.763A5EA0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: 7bit Tom, One of the oldest stock books out there talks about this pattern. Nicholas Darvas I believe it was called, " How I made $2 million in the Market." Or "How I made $1 million in the Market." It may still be in print. Call me crazy. Play to win! Ed -----Original Message----- [mailto:owner-canslim@lists.xmission.com]On Behalf Of Tom Worley Sent: Tuesday, January 08, 2002 7:45 PM Hi David, Thanks for the kind words, I hope what I post helps you and other members. I am an investor, especially now that I have little time to watch the markets. Even when I was an active stock broker, I did very little short term trading, and then only when the clients wanted to, and were suitable. When I consider buying a stock, I always ask myself the question, "am I willing to own this stock for at least three months, even if it's not making me money?" If the answer is not a resounding YES (based on fundies, my projection of future earnings, chart, "M", etc.) then I don't buy it. That simple. Ideally for me, I want to like it enough to own it for a year or two. I have actually bought very few LLUR patterns, just a personal quirk with me, I guess. But you don't want to buy a LLUR on a true b/o, because that may signal the end of the pattern. Whether investing or trading, the ideal is to buy as it nudges and bounces off the moving average line you have determined best describes the lower trend line. At that point it is likely to be below its 12 month high, usually just set a few days to a few weeks prior. What you are buying is a trend, and when the trend changes you must be on guard. A sharp breakout up would signal a change, and be cause for you to have your finger on the sell trigger. A break down in price can be sharp, because there is no other established base nearby to create support on any correction. And holders of long term tend to get complacent, once they start to panic, it can quickly turn into an avalanche of sell orders. I must point out to members that LLUR is not a recognized or documented pattern. It was contributed as a concept to this group by a former member (James??) that ultimately left in a huff when some of his other ideas and practices were not as well accepted by some members (me particularly). But this was one that did make sense. The chart pattern is seen more clearly by tilting your head about 30 to 45 degrees to the left (depending on the angle of the trend). You then see a flat line base that is ultimately steadily appreciating in price. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message ----- Sent: Tuesday, January 08, 2002 10:30 PM tom, you sure do write with clarity. on the flat base patterns, do you invest for the short or long term. and the LLUR patterns, do you trade with the trend or wait for B/Os. and also thank you for your weekly list i believe everyone appreciates it!!! david ----- Original Message ----- Sent: Tuesday, January 08, 2002 8:57 PM You did fine, Katherine. I would only disagree with your comment that it follows the 50DMA. The 50 is the one I have noticed the most frequently, but that may be because DGO displays it. The best bet is to use a charting service like BigCharts that allows for variable time displays with different MA lines, and try a few till you find one that most closely fits that particular stock. One of the keys to the "quality" of a LLUR (after it already demonstrates solid CANSLIM criteria for growth, RS, EPS, etc) is the degree of volatility. Less is better. LLUR patterns can be used for both trading and investing. For trading, it's critical to accurately identify the upper and lower trend lines as they represent your short term exit and entry points. For investing, with a smooth LLUR, you can pick just about any point for entry. Your exit point is when the LLUR pattern changes, either with a big break out up or down, or when a down trend crosses the lower trend line. Hope this helps, Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message ----- Sent: Tuesday, January 08, 2002 6:09 PM Hi Dave, The "Encyclopedia of Chart Patterns" is the only one on the shelves just now. The new book "Trading Strategies" I believe is due any time. I have pre-ordered it, but who knows if it'll be any good! LLUR is a list term which stands for "Lower Left Upper Right." At least, so far, it's not in any TA book. Tom will answer this question a little differently, but I see it as a stock in a long ascent which hugs the 50dMA very closely in a well defined trading range. I believe Tom says that it lasts a year or so. WON uses a term called "ascending base" that is similar, but shorter lived than the LLUR. When Tom posts this evening, I'm sure he'll explain further. Katherine ----- Original Message ----- Sent: Tuesday, January 08, 2002 5:09 PM Katherine et al, Which of the two Bulkowski books is best? I can't find them at the local B&N and am going to order from Amazon. By the way, I hate to ask, but what is LLUR? It's the one acronym that's escaping me! Dave _________________________________________________________________ Chat with friends online, try MSN Messenger: http://messenger.msn.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. ------=_NextPart_000_0046_01C198F9.763A5EA0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Tom,
 
One of the oldest = stock books out=20 there talks about this pattern.
 
Nicholas = Darvas
 
I believe it was = called, " How I=20 made $2 million in=20 the Market."
 
Or=20 "How I made $1 million in the Market."
 
It may=20 still be in print.
 
Call me = crazy.
 
Play to = win!
 
Ed
-----Original Message-----
From:=20 owner-canslim@lists.xmission.com=20 [mailto:owner-canslim@lists.xmission.com]On Behalf Of Tom=20 Worley
Sent: Tuesday, January 08, 2002 7:45 = PM
To:=20 canslim@lists.xmission.com
Subject: Re: [CANSLIM] Bulkowski = re:=20 patterns besides C&H

Hi David,
 
Thanks for the kind words, I hope what I post = helps you=20 and other members.
 
I am an investor, especially now that I have = little time=20 to watch the markets. Even when I was an active stock broker, I did = very=20 little short term trading, and then only when the clients wanted to, = and were=20 suitable. When I consider buying a stock, I always ask myself the = question,=20 "am I willing to own this stock for at least three months, even if = it's not=20 making me money?" If the answer is not a resounding YES (based on = fundies, my=20 projection of future earnings, chart, "M", etc.) then I don't buy it. = That=20 simple. Ideally for me, I want to like it enough to own it for a year = or=20 two.
 
I have actually bought very few LLUR = patterns, just a=20 personal quirk with me, I guess. But you don't want to buy a LLUR on = a true=20 b/o, because that may signal the end of the pattern. Whether = investing or=20 trading, the ideal is to buy as it nudges and bounces off the moving = average=20 line you have determined best describes the lower trend line. At that = point it=20 is likely to be below its 12 month high, usually just set a few days = to a few=20 weeks prior. What you are buying is a trend, and when the trend = changes you=20 must be on guard. A sharp breakout up would signal a change, and be = cause for=20 you to have your finger on the sell trigger. A break down in price = can be=20 sharp, because there is no other established base nearby to create = support on=20 any correction. And holders of long term tend to get complacent, once = they=20 start to panic, it can quickly turn into an avalanche of sell=20 orders.
 
I must point out to members that LLUR is not = a=20 recognized or documented pattern. It was contributed as a concept to = this=20 group by a former member (James??) that ultimately left in a huff = when some of=20 his other ideas and practices were not as well accepted by some = members (me=20 particularly). But this was one that did make sense. The chart = pattern is seen=20 more clearly by tilting your head about 30 to 45 degrees to the left=20 (depending on the angle of the trend). You then see a flat line base = that is=20 ultimately steadily appreciating in price.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 david frank
Sent: Tuesday, January 08, = 2002 10:30=20 PM
Subject: Re: [CANSLIM] = Bulkowski re:=20 patterns besides C&H

tom, you sure do write with = clarity. on the=20 flat base patterns, do you invest for the short or long term. and = the LLUR=20 patterns, do you trade with the trend or wait for B/Os. and also = thank you=20 for your weekly list i believe everyone appreciates it!!! = david
----- Original Message ----- =
From:=20 Tom=20 Worley
To: canslim@lists.xmission.com=20
Sent: Tuesday, January 08, = 2002 8:57=20 PM
Subject: Re: [CANSLIM] = Bulkowski re:=20 patterns besides C&H

You did fine, Katherine. I would only = disagree with=20 your comment that it follows the 50DMA.  The 50 is the one I = have=20 noticed the most frequently, but that may be because DGO displays = it. The=20 best bet is to use a charting service like BigCharts that allows = for=20 variable time displays with different MA lines, and try a few = till you=20 find one that most closely fits that particular = stock.
 
One of the keys to the "quality" of a = LLUR (after it=20 already demonstrates solid CANSLIM criteria for growth, RS, EPS, = etc) is=20 the degree of volatility. Less is better.
 
LLUR patterns can be used for both = trading and=20 investing. For trading, it's critical to accurately identify the = upper and=20 lower trend lines as they represent your short term exit and = entry points.=20 For investing, with a smooth LLUR, you can pick just about any = point for=20 entry. Your exit point is when the LLUR pattern changes, either = with a big=20 break out up or down, or when a down trend crosses the lower = trend=20 line.
 
Hope this helps,
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message ----- =
From:=20 Katherine=20 Malm
To: canslim@lists.xmission.com=20
Sent: Tuesday, January = 08, 2002=20 6:09 PM
Subject: Re: [CANSLIM] = Bulkowski=20 re: patterns besides C&H

Hi Dave,
 
The "Encyclopedia of Chart Patterns" is the only one = on the=20 shelves just now. The new book "Trading Strategies" I believe = is due any=20 time. I have pre-ordered it, but who knows if it'll be any = good!
 
LLUR is a list term which stands for "Lower Left Upper = Right." At=20 least, so far, it's not in any TA book. Tom will answer this = question a=20 little differently, but I see it as a stock in a long ascent = which hugs=20 the 50dMA very closely in a well defined trading range. I = believe Tom=20 says that it lasts a year or so. WON uses a term called = "ascending base"=20 that is similar, but shorter lived than the LLUR. When Tom = posts this=20 evening, I'm sure he'll explain further.
 
Katherine
----- Original Message ----- =
From:=20 J. David=20 Stem
To: canslim@lists.xmission.com=20
Sent: Tuesday, January = 08, 2002=20 5:09 PM
Subject: Re: [CANSLIM] = Bulkowski=20 re: patterns besides C&H

Katherine et al,

Which of the two = Bulkowski=20 books is best?  I can't find them at the local =
B&N and am=20 going to order from Amazon.

By the way, I hate to ask, = but what=20 is LLUR?  It's the one acronym that's
escaping=20 = me!

Dave



_________________________________________= ________________________
Chat=20 with friends online, try MSN Messenger: http://messenger.msn.com

-
-To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
-I= n=20 the email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do not use quotes in your=20 = email.
<= /BODY> ------=_NextPart_000_0046_01C198F9.763A5EA0-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] DFXI Date: 09 Jan 2002 09:34:52 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_001D_01C198F0.E3E39380 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Dave, Andreas... Nice catch on DFXI...textbook CANSLIM/high growth...nice breakout this = a.m. Katherine ----- Original Message -----=20 From: Dave=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, January 09, 2002 9:28 AM Subject: RE: [CANSLIM] DFXI True, the handle was a bit sloppy but for the most part volume in the handle was below normal. It also made a pretty nice ascending = triangle. As for the action at the end of the day, I think you're reading too = much into it. The stock made a tremendous surge on volume in the last half = hour of trading. It then pulled back on lower volume but didn't undercut = that "intraday breakout point". It then found some new buyers at the very = end of the session. You can find flaws in any chart formation. I've missed many huge = winners by refusing to buy what I perceived as a flawed handle, or by putting = too much weight on intraday analysis. Even IBD will go on to call "perfect cup-handle breakouts" on stocks that have somewhat questionable formations. I won't be surprised to see DFXI mentioned tomorrow as a = good example. Of course hindsight is 20/20. Nevertheless I'm glad I bought yesterday = :) > > Yes it did but fell back below it's high of the day. Also, > action in the > > handle has been sloppy - one normally hopes to see price > pullback on falling > > volume but in fact it's made a couple of attempts to BO on > above average > > volume since forming the pivot on 12/10. I wouldn't rush in with = an > > overnight order! > > > > Mike Gibbons - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------=_NextPart_000_001D_01C198F0.E3E39380 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Dave, Andreas...
 
Nice catch on DFXI...textbook CANSLIM/high growth...nice breakout = this=20 a.m.
 
Katherine
----- Original Message -----
From:=20 Dave
Sent: Wednesday, January 09, = 2002 9:28=20 AM
Subject: RE: [CANSLIM] = DFXI

True, the handle was a bit sloppy but for the most part = volume=20 in the
handle was below normal. It also made a pretty nice = ascending=20 triangle.

As for the action at the end of the day, I think = you're=20 reading too much
into it. The stock made a tremendous surge on = volume in=20 the last half hour
of trading. It then pulled back on lower volume = but=20 didn't undercut that
"intraday breakout point". It then found some = new=20 buyers at the very end
of the session.

You can find flaws in = any=20 chart formation. I've missed many huge winners
by refusing to buy = what I=20 perceived as a flawed handle, or by putting too
much weight on = intraday=20 analysis. Even IBD will go on to call "perfect
cup-handle = breakouts" on=20 stocks that have somewhat questionable
formations. I won't be = surprised to=20 see DFXI mentioned tomorrow as a good
example.

Of course = hindsight=20 is 20/20. Nevertheless I'm glad I bought yesterday :)


> = > Yes=20 it did but fell back below it's high of the day. Also,
> action = in=20 the
> > handle has been sloppy - one normally hopes to see=20 price
> pullback on falling
> > volume but in fact it's = made a=20 couple of attempts to BO on
> above average
> > volume = since=20 forming the pivot on 12/10. I wouldn't rush in with an
> > = overnight=20 order!
> >
> > Mike Gibbons


-
-To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your email. ------=_NextPart_000_001D_01C198F0.E3E39380-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] Bulkowski re: patterns besides C&H Date: 09 Jan 2002 09:46:58 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_0033_01C198F2.94539DE0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi Ed, I just reread Darvas' book again recently. It reminded me of the basic = underpinnings of the technical patterns CANSLIM is looking for in a = stock....that is, a consolidation "zone" followed by moves up into a = higher consolidation zone. Think he calls these "boxes" but it's a very = simple and elegant look at chart patterns like the one Tom describes, or = any others, for that matter. Also like his simple, but powerful notion = of "I have no reason to sell a stock that's rising." Those 2 lessons = have value far greater than the price of the book! Katherine ----- Original Message -----=20 From: Edward McDonough=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, January 09, 2002 12:36 PM Subject: RE: [CANSLIM] Bulkowski re: patterns besides C&H Tom, One of the oldest stock books out there talks about this pattern. Nicholas Darvas I believe it was called, " How I made $2 million in the Market." Or "How I made $1 million in the Market."=20 It may still be in print. Call me crazy. Play to win! Ed -----Original Message----- From: owner-canslim@lists.xmission.com = [mailto:owner-canslim@lists.xmission.com]On Behalf Of Tom Worley Sent: Tuesday, January 08, 2002 7:45 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] Bulkowski re: patterns besides C&H Hi David, Thanks for the kind words, I hope what I post helps you and other = members. I am an investor, especially now that I have little time to watch = the markets. Even when I was an active stock broker, I did very little = short term trading, and then only when the clients wanted to, and were = suitable. When I consider buying a stock, I always ask myself the = question, "am I willing to own this stock for at least three months, = even if it's not making me money?" If the answer is not a resounding YES = (based on fundies, my projection of future earnings, chart, "M", etc.) = then I don't buy it. That simple. Ideally for me, I want to like it = enough to own it for a year or two. I have actually bought very few LLUR patterns, just a personal quirk = with me, I guess. But you don't want to buy a LLUR on a true b/o, = because that may signal the end of the pattern. Whether investing or = trading, the ideal is to buy as it nudges and bounces off the moving = average line you have determined best describes the lower trend line. At = that point it is likely to be below its 12 month high, usually just set = a few days to a few weeks prior. What you are buying is a trend, and = when the trend changes you must be on guard. A sharp breakout up would = signal a change, and be cause for you to have your finger on the sell = trigger. A break down in price can be sharp, because there is no other = established base nearby to create support on any correction. And holders = of long term tend to get complacent, once they start to panic, it can = quickly turn into an avalanche of sell orders. I must point out to members that LLUR is not a recognized or = documented pattern. It was contributed as a concept to this group by a = former member (James??) that ultimately left in a huff when some of his = other ideas and practices were not as well accepted by some members (me = particularly). But this was one that did make sense. The chart pattern = is seen more clearly by tilting your head about 30 to 45 degrees to the = left (depending on the angle of the trend). You then see a flat line = base that is ultimately steadily appreciating in price.=20 Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: david frank=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, January 08, 2002 10:30 PM Subject: Re: [CANSLIM] Bulkowski re: patterns besides C&H tom, you sure do write with clarity. on the flat base patterns, do = you invest for the short or long term. and the LLUR patterns, do you = trade with the trend or wait for B/Os. and also thank you for your = weekly list i believe everyone appreciates it!!! david ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, January 08, 2002 8:57 PM Subject: Re: [CANSLIM] Bulkowski re: patterns besides C&H You did fine, Katherine. I would only disagree with your comment = that it follows the 50DMA. The 50 is the one I have noticed the most = frequently, but that may be because DGO displays it. The best bet is to = use a charting service like BigCharts that allows for variable time = displays with different MA lines, and try a few till you find one that = most closely fits that particular stock. One of the keys to the "quality" of a LLUR (after it already = demonstrates solid CANSLIM criteria for growth, RS, EPS, etc) is the = degree of volatility. Less is better.=20 LLUR patterns can be used for both trading and investing. For = trading, it's critical to accurately identify the upper and lower trend = lines as they represent your short term exit and entry points. For = investing, with a smooth LLUR, you can pick just about any point for = entry. Your exit point is when the LLUR pattern changes, either with a = big break out up or down, or when a down trend crosses the lower trend = line. Hope this helps, Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, January 08, 2002 6:09 PM Subject: Re: [CANSLIM] Bulkowski re: patterns besides C&H Hi Dave, The "Encyclopedia of Chart Patterns" is the only one on the = shelves just now. The new book "Trading Strategies" I believe is due any = time. I have pre-ordered it, but who knows if it'll be any good! LLUR is a list term which stands for "Lower Left Upper Right." = At least, so far, it's not in any TA book. Tom will answer this question = a little differently, but I see it as a stock in a long ascent which = hugs the 50dMA very closely in a well defined trading range. I believe = Tom says that it lasts a year or so. WON uses a term called "ascending = base" that is similar, but shorter lived than the LLUR. When Tom posts = this evening, I'm sure he'll explain further. Katherine ----- Original Message -----=20 From: J. David Stem=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, January 08, 2002 5:09 PM Subject: Re: [CANSLIM] Bulkowski re: patterns besides C&H Katherine et al, Which of the two Bulkowski books is best? I can't find them = at the local=20 B&N and am going to order from Amazon. By the way, I hate to ask, but what is LLUR? It's the one = acronym that's=20 escaping me! Dave = _________________________________________________________________ Chat with friends online, try MSN Messenger: = http://messenger.msn.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. ------=_NextPart_000_0033_01C198F2.94539DE0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Hi Ed,
 
I just reread Darvas' book again recently. It reminded me = of the=20 basic underpinnings of the technical patterns CANSLIM is looking for in = a=20 stock....that is, a consolidation "zone" followed by moves up into a = higher=20 consolidation zone. Think he calls these "boxes" but it's a very simple = and=20 elegant look at chart patterns like the one Tom describes, or any = others, for=20 that matter. Also like his simple, but powerful notion of "I have no = reason to=20 sell a stock that's rising." Those 2 lessons have value far greater than = the=20 price of the book!
 
Katherine
----- Original Message -----
From:=20 Edward=20 McDonough
Sent: Wednesday, January 09, = 2002 12:36=20 PM
Subject: RE: [CANSLIM] = Bulkowski re:=20 patterns besides C&H

Tom,
 
One of the oldest = stock books out=20 there talks about this pattern.
 
Nicholas = Darvas
 
I believe it was = called, " How I=20 made $2 million in=20 the Market."
 
Or=20 "How I made $1 million in the Market."
 
It=20 may still be in print.
 
Call me = crazy.
 
Play to = win!
 
Ed
-----Original Message-----
From: owner-canslim@lists.xmis= sion.com=20 [mailto:owner-canslim@lists.xmission.com]On Behalf Of Tom=20 Worley
Sent: Tuesday, January 08, 2002 7:45 = PM
To:=20 canslim@lists.xmission.com
Subject: Re: [CANSLIM] = Bulkowski re:=20 patterns besides C&H

Hi David,
 
Thanks for the kind words, I hope what I = post helps=20 you and other members.
 
I am an investor, especially now that I have = little=20 time to watch the markets. Even when I was an active stock broker, I = did=20 very little short term trading, and then only when the clients = wanted to,=20 and were suitable. When I consider buying a stock, I always ask = myself the=20 question, "am I willing to own this stock for at least three months, = even if=20 it's not making me money?" If the answer is not a resounding YES = (based on=20 fundies, my projection of future earnings, chart, "M", etc.) then I = don't=20 buy it. That simple. Ideally for me, I want to like it enough to own = it for=20 a year or two.
 
I have actually bought very few LLUR = patterns, just a=20 personal quirk with me, I guess. But you don't want to buy a LLUR on = a true=20 b/o, because that may signal the end of the pattern. Whether = investing or=20 trading, the ideal is to buy as it nudges and bounces off the moving = average=20 line you have determined best describes the lower trend line. At = that point=20 it is likely to be below its 12 month high, usually just set a few = days to a=20 few weeks prior. What you are buying is a trend, and when the trend = changes=20 you must be on guard. A sharp breakout up would signal a change, and = be=20 cause for you to have your finger on the sell trigger. A break down = in price=20 can be sharp, because there is no other established base nearby to = create=20 support on any correction. And holders of long term tend to get = complacent,=20 once they start to panic, it can quickly turn into an avalanche of = sell=20 orders.
 
I must point out to members that LLUR is not = a=20 recognized or documented pattern. It was contributed as a concept to = this=20 group by a former member (James??) that ultimately left in a huff = when some=20 of his other ideas and practices were not as well accepted by some = members=20 (me particularly). But this was one that did make sense. The chart = pattern=20 is seen more clearly by tilting your head about 30 to 45 degrees to = the left=20 (depending on the angle of the trend). You then see a flat line base = that is=20 ultimately steadily appreciating in price.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message ----- =
From:=20 david frank
To: canslim@lists.xmission.com= =20
Sent: Tuesday, January 08, = 2002 10:30=20 PM
Subject: Re: [CANSLIM] = Bulkowski re:=20 patterns besides C&H

tom, you sure do write with = clarity. on the=20 flat base patterns, do you invest for the short or long term. and = the LLUR=20 patterns, do you trade with the trend or wait for B/Os. and also = thank you=20 for your weekly list i believe everyone appreciates it!!!=20 david
----- Original Message ----- =
From:=20 Tom=20 Worley
To: canslim@lists.xmission.com= =20
Sent: Tuesday, January = 08, 2002=20 8:57 PM
Subject: Re: [CANSLIM] = Bulkowski=20 re: patterns besides C&H

You did fine, Katherine. I would only = disagree=20 with your comment that it follows the 50DMA.  The 50 is the = one I=20 have noticed the most frequently, but that may be because DGO = displays=20 it. The best bet is to use a charting service like BigCharts = that allows=20 for variable time displays with different MA lines, and try a = few till=20 you find one that most closely fits that particular = stock.
 
One of the keys to the "quality" of a = LLUR (after=20 it already demonstrates solid CANSLIM criteria for growth, RS, = EPS, etc)=20 is the degree of volatility. Less is better.
 
LLUR patterns can be used for both = trading and=20 investing. For trading, it's critical to accurately identify the = upper=20 and lower trend lines as they represent your short term exit and = entry=20 points. For investing, with a smooth LLUR, you can pick just = about any=20 point for entry. Your exit point is when the LLUR pattern = changes,=20 either with a big break out up or down, or when a down trend = crosses the=20 lower trend line.
 
Hope this helps,
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message ----- =
From:=20 Katherine Malm
To: canslim@lists.xmission.com= =20
Sent: Tuesday, January = 08, 2002=20 6:09 PM
Subject: Re: [CANSLIM] = Bulkowski=20 re: patterns besides C&H

Hi Dave,
 
The "Encyclopedia of Chart Patterns" is the only one = on the=20 shelves just now. The new book "Trading Strategies" I believe = is due=20 any time. I have pre-ordered it, but who knows if it'll be any = good!
 
LLUR is a list term which stands for "Lower Left Upper = Right." At=20 least, so far, it's not in any TA book. Tom will answer this = question=20 a little differently, but I see it as a stock in a long ascent = which=20 hugs the 50dMA very closely in a well defined trading range. I = believe=20 Tom says that it lasts a year or so. WON uses a term called = "ascending=20 base" that is similar, but shorter lived than the LLUR. When = Tom posts=20 this evening, I'm sure he'll explain further.
 
Katherine
----- Original Message ----- =
From:=20 J.=20 David Stem
To: canslim@lists.xmission.com= =20
Sent: Tuesday, = January 08, 2002=20 5:09 PM
Subject: Re: = [CANSLIM]=20 Bulkowski re: patterns besides C&H

Katherine et al,

Which of the two = Bulkowski=20 books is best?  I can't find them at the local =
B&N and=20 am going to order from Amazon.

By the way, I hate to = ask, but=20 what is LLUR?  It's the one acronym that's
escaping = = me!

Dave



__________________________________________= _______________________
Chat=20 with friends online, try MSN Messenger: http://messenger.msn.com

-
-To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
-In= =20 the email body, write "subscribe canslim" = or
-"unsubscribe=20 canslim".  Do not use quotes in your=20 = email.
------=_NextPart_000_0033_01C198F2.94539DE0-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Spencer48@aol.com Subject: Re: [CANSLIM] Bulkowski re: patterns besides C&H Date: 09 Jan 2002 11:02:39 EST Canslimmers: I thought the forum would be interested in an interesting article that=20 appeared in IBD today. It corroborates what Katherine suggests, viz. that=20 the economy is improving. =20 jans INVESTOR'S BUSINESS DAILY, Wednesday, January 9, 2002, Economic Indicators=20 Look Good For Tech, Some Analysts Say, BY ANTONIO A. PRADO New sales and inventory data point to a potential tech rebound, some=20 economists and analysts say. Sales of chips and other electronic components are ticking up. More than=20 that, while those sales are rising, inventories are falling. So when enough excess inventory is cleared off shelves, output can once agai= n=20 ramp up. "Even with (just small) growth in end-market consumption, shipments can now=20 grow impressively," said Arnie Berman. He's an analyst at SoundView=20 Technology Group Inc., an investment banking firm in Old Greenwich, Conn. Berman says sales at the typical tech company that keeps its goods in its ow= n=20 warehouses fell 12% from March through September, when you account for the=20 inventory correction process. It was nearer 30% for the chip sector, he adds= . Inventory correction occurs when producers or vendors shed excess stockpiles= =20 during a slowdown, usually selling goods at low prices. Economists say when the process and the fire-sale mentality that often comes= =20 with it is over, companies face less pressure to keep prices down. And highe= r=20 prices for goods =E2=80=94 a factor of lower inventories =E2=80=94 is bullis= h for tech=20 earnings. Among the signs of a possible pickup are rising prices of dynamic random=20 access memory chips. DRAMs, the most prevalent type of memory, are found in=20 most PCs, says economist Ed Hyman, chairman of International Strategy &=20 Investment Group Inc., a New York research firm. In a recent note to clients, he points out that prices of DRAMs have surged=20 nearly 200% from their November low to $3.38 for a 128-megabyte chip. They=20 rose 26% in a single day - Jan. 2. DRAM prices are often held as the new economy's equivalent to old economy=20 commodity prices measured by the Commodity Research Board, or CRB, index. "The aggressive inventory liquidation is likely nearing an end," said Debbie= =20 Johnson, senior economist at Deutsche Banc Alex. Brown. But she cautions that DRAM and other chip prices still aren't near where the= y=20 were when the economy was growing at a white-hot pace. DRAM prices hit almos= t=20 $42 in March 1999. "Sales are showing signs of bottoming," Johnson said. This gives companies a chance to raise prices, she notes. She also points ou= t=20 that "prices remain at low levels." Hyman notes that the book-to-bill ratio for electronic equipment rose to 0.9= 4=20 on a three-month-average in November. That means there were $94 worth of new orders booked for each $100 of curren= t=20 sales billed. The ratio fell below 0.92 last in the summer vs. 1.1 in=20 mid-2000. That was the highest level since at least 1993. Meanwhile, electronic equipment inventories plunged 16% in November from=20 February, which had been at least an eight-year high. From November 2000 to=20 November 2001, those inventories have fallen 11.7%. On the overall economy, Hyman looks at a number of factors. In the week of=20 Dec. 31, he saw 19 signs of economic strength vs. 15 signs of weakness. He says that when the fortunes of companies improve in general, that often=20 leads to a boost in their capital spending. More than a third of U.S.=20 corporate capital spending is on information technology, says the Commerce=20 Department. That's up from just 12% as recently as 1987. In a message dated 1/8/2002 1:22:42 PM Eastern Standard Time,=20 kmalm@earthlink.net writes: << Earnings estimates and growth rates have been coming down, prices have=20 been coming down, every stock gets punished, most every stock gets its=20 outlook revised downward, all stocks in all "previously overvalued"=20 industries all get hit. But, there are plenty of stocks in this shape that=20 were hit too hard, their earnings outlook is now improving, the economy=20 appears to be turning around, and in certain cases, these stocks have strong= =20 competitive advantage, strong products/services, and more importantly strong= =20 balance sheets. This is a long winded way to get here....but if the earnings= =20 growth estimates have been slashed too low, then the prices have been slashe= d=20 too low. I'd say the next move for these kinds of stocks is up, and in some=20 cases, it will actually precede the earnings evidence. >> - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: [CANSLIM] MME Date: 09 Jan 2002 17:19:43 +0100 I like the chart, though no downdrifting Handle or no real shakeout. The Industry Group broke out today. Opinions? - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: AW: [CANSLIM] MME Date: 09 Jan 2002 17:31:06 +0100 I wanted to write, ... but no downdrifting Handle or no real shakeout. > -----Ursprungliche Nachricht----- > Von: Andreas Himmelreich [SMTP:judgejimmy@web.de] > Gesendet am: Wednesday, January 09, 2002 5:20 PM > An: canslim@lists.xmission.com > Betreff: [CANSLIM] MME > > I like the chart, though no downdrifting Handle or no real shakeout. > > The Industry Group broke out today. > > Opinions? > > > > - > -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. ------------------------------------------------------------------------------- From: Eric Jaenike Subject: Re: [CANSLIM] MME Date: 09 Jan 2002 08:34:48 -0800 (PST) --0-1322407539-1010594088=:46409 Content-Type: text/plain; charset=us-ascii A couple of other concerns: group rank at 157 (although WLP and UNH doing well in group), U/D weeks in base on vol. above 50 dma at 3/6, action on left side of cup a bit choppy (although only corrected 28% in base). Volume today not that great at 92k as of 11:30 EST, while adv is 232k. Eric Andreas Himmelreich wrote: I like the chart, though no downdrifting Handle or no real shakeout. The Industry Group broke out today. Opinions? - -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!? Send FREE video emails in Yahoo! Mail. --0-1322407539-1010594088=:46409 Content-Type: text/html; charset=us-ascii

A couple of other concerns: group rank at 157 (although WLP and UNH doing well in group), U/D weeks in base on vol. above 50 dma at 3/6, action on left side of cup a bit choppy (although only corrected 28% in base). Volume today not that great at 92k as of 11:30 EST, while adv is 232k.

Eric

  Andreas Himmelreich <judgejimmy@web.de> wrote:

I like the chart, though no downdrifting Handle or no real shakeout.

The Industry Group broke out today.

Opinions?



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-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!?
Send FREE video emails in Yahoo! Mail. --0-1322407539-1010594088=:46409-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Flint, James, AFIS-HQ/IRM" Subject: RE: [CANSLIM] DFXI Date: 09 Jan 2002 11:43:06 -0500 This message is in MIME format. Since your mail reader does not understand this format, some or all of this message may not be legible. ------_=_NextPart_001_01C1992C.B6A32340 Content-Type: text/plain; charset="iso-8859-1" So is DFXI a buy right now or do I wait for a pullback to $33.50 -34.00? Back to lurking James -----Original Message----- Sent: Wednesday, January 09, 2002 10:35 AM Dave, Andreas... Nice catch on DFXI...textbook CANSLIM/high growth...nice breakout this a.m. Katherine ----- Original Message ----- Sent: Wednesday, January 09, 2002 9:28 AM True, the handle was a bit sloppy but for the most part volume in the handle was below normal. It also made a pretty nice ascending triangle. As for the action at the end of the day, I think you're reading too much into it. The stock made a tremendous surge on volume in the last half hour of trading. It then pulled back on lower volume but didn't undercut that "intraday breakout point". It then found some new buyers at the very end of the session. You can find flaws in any chart formation. I've missed many huge winners by refusing to buy what I perceived as a flawed handle, or by putting too much weight on intraday analysis. Even IBD will go on to call "perfect cup-handle breakouts" on stocks that have somewhat questionable formations. I won't be surprised to see DFXI mentioned tomorrow as a good example. Of course hindsight is 20/20. Nevertheless I'm glad I bought yesterday :) > > Yes it did but fell back below it's high of the day. Also, > action in the > > handle has been sloppy - one normally hopes to see price > pullback on falling > > volume but in fact it's made a couple of attempts to BO on > above average > > volume since forming the pivot on 12/10. I wouldn't rush in with an > > overnight order! > > > > Mike Gibbons - -To subscribe/unsubscribe, email " majordomo@xmission.com " -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------_=_NextPart_001_01C1992C.B6A32340 Content-Type: text/html; charset="iso-8859-1"
So is DFXI a buy right now or do I wait for a pullback to $33.50 -34.00?
 
Back to lurking
 
James
-----Original Message-----
From: Katherine Malm [mailto:kmalm@earthlink.net]
Sent: Wednesday, January 09, 2002 10:35 AM
To: canslim@lists.xmission.com
Subject: Re: [CANSLIM] DFXI

Dave, Andreas...
 
Nice catch on DFXI...textbook CANSLIM/high growth...nice breakout this a.m.
 
Katherine
----- Original Message -----
From: Dave
Sent: Wednesday, January 09, 2002 9:28 AM
Subject: RE: [CANSLIM] DFXI

True, the handle was a bit sloppy but for the most part volume in the
handle was below normal. It also made a pretty nice ascending triangle.

As for the action at the end of the day, I think you're reading too much
into it. The stock made a tremendous surge on volume in the last half hour
of trading. It then pulled back on lower volume but didn't undercut that
"intraday breakout point". It then found some new buyers at the very end
of the session.

You can find flaws in any chart formation. I've missed many huge winners
by refusing to buy what I perceived as a flawed handle, or by putting too
much weight on intraday analysis. Even IBD will go on to call "perfect
cup-handle breakouts" on stocks that have somewhat questionable
formations. I won't be surprised to see DFXI mentioned tomorrow as a good
example.

Of course hindsight is 20/20. Nevertheless I'm glad I bought yesterday :)


> > Yes it did but fell back below it's high of the day. Also,
> action in the
> > handle has been sloppy - one normally hopes to see price
> pullback on falling
> > volume but in fact it's made a couple of attempts to BO on
> above average
> > volume since forming the pivot on 12/10. I wouldn't rush in with an
> > overnight order!
> >
> > Mike Gibbons


-
-To subscribe/unsubscribe, email "majordomo@xmission.com"
-In the email body, write "subscribe canslim" or
-"unsubscribe canslim".  Do not use quotes in your email.
------_=_NextPart_001_01C1992C.B6A32340-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] DFXI Date: 09 Jan 2002 10:50:35 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_0083_01C198FB.778FA380 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi former-lurker James, I guess it depends on whether or not you believe Bulkowski....his odds = say that this one will move, then retrace close to the pivot of 33.34 = before moving on again. If you don't want to wait for that sort of = pullback, then you can see if this one falls back a bit later in the day = within 5% of the pivot (if you believe in WON's "out of range" = guideline.) The other option is to just go for it and expect that it = could very well keep on going (it's a strong stock) and just set your = stop a bit below the pivot. Lots of ways to play something like this = depending on your style! Katherine ----- Original Message -----=20 From: Flint, James, AFIS-HQ/IRM=20 To: 'canslim@lists.xmission.com'=20 Sent: Wednesday, January 09, 2002 10:43 AM Subject: RE: [CANSLIM] DFXI So is DFXI a buy right now or do I wait for a pullback to $33.50 = -34.00? Back to lurking James -----Original Message----- From: Katherine Malm [mailto:kmalm@earthlink.net] Sent: Wednesday, January 09, 2002 10:35 AM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] DFXI Dave, Andreas... Nice catch on DFXI...textbook CANSLIM/high growth...nice breakout = this a.m. Katherine ----- Original Message -----=20 From: Dave=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, January 09, 2002 9:28 AM Subject: RE: [CANSLIM] DFXI True, the handle was a bit sloppy but for the most part volume in = the handle was below normal. It also made a pretty nice ascending = triangle. As for the action at the end of the day, I think you're reading = too much into it. The stock made a tremendous surge on volume in the last = half hour of trading. It then pulled back on lower volume but didn't = undercut that "intraday breakout point". It then found some new buyers at the = very end of the session. You can find flaws in any chart formation. I've missed many huge = winners by refusing to buy what I perceived as a flawed handle, or by = putting too much weight on intraday analysis. Even IBD will go on to call = "perfect cup-handle breakouts" on stocks that have somewhat questionable formations. I won't be surprised to see DFXI mentioned tomorrow as = a good example. Of course hindsight is 20/20. Nevertheless I'm glad I bought = yesterday :) > > Yes it did but fell back below it's high of the day. Also, > action in the > > handle has been sloppy - one normally hopes to see price > pullback on falling > > volume but in fact it's made a couple of attempts to BO on > above average > > volume since forming the pivot on 12/10. I wouldn't rush in = with an > > overnight order! > > > > Mike Gibbons - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------=_NextPart_000_0083_01C198FB.778FA380 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Hi former-lurker James,
 
I guess it depends on whether or not you believe Bulkowski....his = odds say=20 that this one will move, then retrace close to the pivot of 33.34 before = moving=20 on again. If you don't want to wait for that sort of pullback, then you = can see=20 if this one falls back a bit later in the day within 5% of the pivot (if = you=20 believe in WON's "out of range" guideline.) The other option is to just = go for=20 it and expect that it could very well keep on going (it's a strong = stock) and=20 just set your stop a bit below the pivot. Lots of ways to play something = like=20 this depending on your style!
 
Katherine
----- Original Message -----
From:=20 Flint,=20 James, AFIS-HQ/IRM
Sent: Wednesday, January 09, = 2002 10:43=20 AM
Subject: RE: [CANSLIM] = DFXI

So=20 is DFXI a buy right now or do I wait for a pullback to $33.50=20 -34.00?
 
Back=20 to lurking
 
James
-----Original Message-----
From: Katherine Malm=20 [mailto:kmalm@earthlink.net]
Sent: Wednesday, January 09, = 2002=20 10:35 AM
To: canslim@lists.xmission.com=
Subject:=20 Re: [CANSLIM] DFXI

Dave, Andreas...
 
Nice catch on DFXI...textbook CANSLIM/high growth...nice = breakout this=20 a.m.
 
Katherine
----- Original Message ----- =
From:=20 Dave
To: canslim@lists.xmission.com= =20
Sent: Wednesday, January = 09, 2002=20 9:28 AM
Subject: RE: [CANSLIM] = DFXI

True, the handle was a bit sloppy but for the most = part=20 volume in the
handle was below normal. It also made a pretty = nice=20 ascending triangle.

As for the action at the end of the = day, I=20 think you're reading too much
into it. The stock made a = tremendous=20 surge on volume in the last half hour
of trading. It then = pulled back=20 on lower volume but didn't undercut that
"intraday breakout = point". It=20 then found some new buyers at the very end
of the = session.

You=20 can find flaws in any chart formation. I've missed many huge = winners
by=20 refusing to buy what I perceived as a flawed handle, or by putting = too
much weight on intraday analysis. Even IBD will go on to = call=20 "perfect
cup-handle breakouts" on stocks that have somewhat=20 questionable
formations. I won't be surprised to see DFXI = mentioned=20 tomorrow as a good
example.

Of course hindsight is = 20/20.=20 Nevertheless I'm glad I bought yesterday :)


> > = Yes it=20 did but fell back below it's high of the day. Also,
> action = in=20 the
> > handle has been sloppy - one normally hopes to = see=20 price
> pullback on falling
> > volume but in fact = it's=20 made a couple of attempts to BO on
> above average
> = >=20 volume since forming the pivot on 12/10. I wouldn't rush in with=20 an
> > overnight order!
> >
> > Mike=20 Gibbons


-
-To subscribe/unsubscribe, email "majordomo@xmission.com"
-In= =20 the email body, write "subscribe canslim" or
-"unsubscribe=20 canslim".  Do not use quotes in your=20 email.
------=_NextPart_000_0083_01C198FB.778FA380-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Flint, James, AFIS-HQ/IRM" Subject: RE: [CANSLIM] DFXI Date: 09 Jan 2002 12:33:03 -0500 This message is in MIME format. Since your mail reader does not understand this format, some or all of this message may not be legible. ------_=_NextPart_001_01C19933.B101C6B0 Content-Type: text/plain; charset="iso-8859-1" Katherine, Thanks for the feedback. I'll be wiating for the pullback, similar to what KKD has just done... Anyone else in KKD? James Hi former-lurker James, I guess it depends on whether or not you believe Bulkowski....his odds say that this one will move, then retrace close to the pivot of 33.34 before moving on again. If you don't want to wait for that sort of pullback, then you can see if this one falls back a bit later in the day within 5% of the pivot (if you believe in WON's "out of range" guideline.) The other option is to just go for it and expect that it could very well keep on going (it's a strong stock) and just set your stop a bit below the pivot. Lots of ways to play something like this depending on your style! Katherine ----- Original Message ----- Sent: Wednesday, January 09, 2002 10:43 AM So is DFXI a buy right now or do I wait for a pullback to $33.50 -34.00? Back to lurking James -----Original Message----- Sent: Wednesday, January 09, 2002 10:35 AM Dave, Andreas... Nice catch on DFXI...textbook CANSLIM/high growth...nice breakout this a.m. Katherine ----- Original Message ----- Sent: Wednesday, January 09, 2002 9:28 AM True, the handle was a bit sloppy but for the most part volume in the handle was below normal. It also made a pretty nice ascending triangle. As for the action at the end of the day, I think you're reading too much into it. The stock made a tremendous surge on volume in the last half hour of trading. It then pulled back on lower volume but didn't undercut that "intraday breakout point". It then found some new buyers at the very end of the session. You can find flaws in any chart formation. I've missed many huge winners by refusing to buy what I perceived as a flawed handle, or by putting too much weight on intraday analysis. Even IBD will go on to call "perfect cup-handle breakouts" on stocks that have somewhat questionable formations. I won't be surprised to see DFXI mentioned tomorrow as a good example. Of course hindsight is 20/20. Nevertheless I'm glad I bought yesterday :) > > Yes it did but fell back below it's high of the day. Also, > action in the > > handle has been sloppy - one normally hopes to see price > pullback on falling > > volume but in fact it's made a couple of attempts to BO on > above average > > volume since forming the pivot on 12/10. I wouldn't rush in with an > > overnight order! > > > > Mike Gibbons - -To subscribe/unsubscribe, email " majordomo@xmission.com " -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------_=_NextPart_001_01C19933.B101C6B0 Content-Type: text/html; charset="iso-8859-1"
Katherine,
 
Thanks for the feedback.  I'll be wiating for the pullback, similar to what KKD has just done...  Anyone else in KKD?
 
James
 
Hi former-lurker James,
 
I guess it depends on whether or not you believe Bulkowski....his odds say that this one will move, then retrace close to the pivot of 33.34 before moving on again. If you don't want to wait for that sort of pullback, then you can see if this one falls back a bit later in the day within 5% of the pivot (if you believe in WON's "out of range" guideline.) The other option is to just go for it and expect that it could very well keep on going (it's a strong stock) and just set your stop a bit below the pivot. Lots of ways to play something like this depending on your style!
 
Katherine
----- Original Message -----
Sent: Wednesday, January 09, 2002 10:43 AM
Subject: RE: [CANSLIM] DFXI

So is DFXI a buy right now or do I wait for a pullback to $33.50 -34.00?
 
Back to lurking
 
James
-----Original Message-----
From: Katherine Malm [mailto:kmalm@earthlink.net]
Sent: Wednesday, January 09, 2002 10:35 AM
To: canslim@lists.xmission.com
Subject: Re: [CANSLIM] DFXI

Dave, Andreas...
 
Nice catch on DFXI...textbook CANSLIM/high growth...nice breakout this a.m.
 
Katherine
----- Original Message -----
From: Dave
Sent: Wednesday, January 09, 2002 9:28 AM
Subject: RE: [CANSLIM] DFXI

True, the handle was a bit sloppy but for the most part volume in the
handle was below normal. It also made a pretty nice ascending triangle.

As for the action at the end of the day, I think you're reading too much
into it. The stock made a tremendous surge on volume in the last half hour
of trading. It then pulled back on lower volume but didn't undercut that
"intraday breakout point". It then found some new buyers at the very end
of the session.

You can find flaws in any chart formation. I've missed many huge winners
by refusing to buy what I perceived as a flawed handle, or by putting too
much weight on intraday analysis. Even IBD will go on to call "perfect
cup-handle breakouts" on stocks that have somewhat questionable
formations. I won't be surprised to see DFXI mentioned tomorrow as a good
example.

Of course hindsight is 20/20. Nevertheless I'm glad I bought yesterday :)


> > Yes it did but fell back below it's high of the day. Also,
> action in the
> > handle has been sloppy - one normally hopes to see price
> pullback on falling
> > volume but in fact it's made a couple of attempts to BO on
> above average
> > volume since forming the pivot on 12/10. I wouldn't rush in with an
> > overnight order!
> >
> > Mike Gibbons


-
-To subscribe/unsubscribe, email "majordomo@xmission.com"
-In the email body, write "subscribe canslim" or
-"unsubscribe canslim".  Do not use quotes in your email.
------_=_NextPart_001_01C19933.B101C6B0-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Warren Keuffel Subject: Re: [CANSLIM] Bulkowski re: patterns besides C&H Date: 09 Jan 2002 10:55:26 -0700 Pat, unfortunately I can't find any reference to a web site in Bulkowski. Guess he wants you to spend the $50+ for his Book! ;-) Warren Pat wrote: >Warren, >Could you please post a link to B's website? >Thanks! >Pat > > >>Katherine, >> >>My copy of Bulkowski arrived yesterday and (like >> >others) I was mightily > >>impressed. I was particularly intrigued by his >> >analysis of C&H > >>patterns, particularly in how O'Neill's example >> >was not actually a C&H! > >> But what I am writing you about specifically is >> >to inquire whether you > >>have applied B.'s pattern analysis to other >> >patterns observed in stocks > >>you trade? Seems to me that, if B's research >> >and analysis is accurate, > >>that we would do well to have more arrows in our >> >quivers than just C&H. > >>Thanks, >>Warren >> >> >>- >>-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. ------------------------------------------------------------------------------- From: Warren Keuffel Subject: Re: [CANSLIM] Bulkowski re: patterns besides C&H Date: 09 Jan 2002 10:57:53 -0700 The book we're talking about is "Enclyclopedia of Chart Patterns" by Thomas N. Bulkowski, published by Wiley. Warren J. David Stem wrote: > Katherine et al, > > Which of the two Bulkowski books is best? I can't find them at the > local B&N and am going to order from Amazon. > > By the way, I hate to ask, but what is LLUR? It's the one acronym > that's escaping me! > > Dave > > > > _________________________________________________________________ > Chat with friends online, try MSN Messenger: http://messenger.msn.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. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] Bulkowski re: patterns besides C&H Date: 09 Jan 2002 11:58:38 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_00E0_01C19904.F91E0E60 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable nevermind on my last email....we were crossing in cyberspace! ------=_NextPart_000_00E0_01C19904.F91E0E60 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
nevermind on my last email....we were crossing in=20 cyberspace!
------=_NextPart_000_00E0_01C19904.F91E0E60-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Mike Gibbons" Subject: RE: [CANSLIM] DFXI Date: 09 Jan 2002 08:08:14 -1000 Kudos to you, you should be feeling pleased this morning and justly so. Aloha, Mike Gibbons -----Original Message----- [mailto:owner-canslim@lists.xmission.com]On Behalf Of Dave Sent: Wednesday, January 09, 2002 5:29 AM True, the handle was a bit sloppy but for the most part volume in the handle was below normal. It also made a pretty nice ascending triangle. As for the action at the end of the day, I think you're reading too much into it. The stock made a tremendous surge on volume in the last half hour of trading. It then pulled back on lower volume but didn't undercut that "intraday breakout point". It then found some new buyers at the very end of the session. You can find flaws in any chart formation. I've missed many huge winners by refusing to buy what I perceived as a flawed handle, or by putting too much weight on intraday analysis. Even IBD will go on to call "perfect cup-handle breakouts" on stocks that have somewhat questionable formations. I won't be surprised to see DFXI mentioned tomorrow as a good example. Of course hindsight is 20/20. Nevertheless I'm glad I bought yesterday :) > > Yes it did but fell back below it's high of the day. Also, > action in the > > handle has been sloppy - one normally hopes to see price > pullback on falling > > volume but in fact it's made a couple of attempts to BO on > above average > > volume since forming the pivot on 12/10. I wouldn't rush in with an > > overnight order! > > > > Mike Gibbons - -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. ------------------------------------------------------------------------------- From: "J. David Stem" Subject: [CANSLIM] Perusing daily charts -- easiest way? Date: 09 Jan 2002 17:13:42 -0800 It seems one of the challenges of following and finding breakouts is to find a simple, quick way to view daily charts. I find DGO is great for identifying candidates on a weekly basis, particularly if the various screens are imported into Excel then sorted. The problem then is this: DGO takes too long to load individual charts, even when they are on a watch list. Now, maybe the problem would be solved if i had DSL (any comments on how fast DGO is with DSL?) However, even then, they have to be scrolled through one at a time. I've found that Yahoo's charting section allows me to input up to 25 symbols at a time. All 25 charts load on one long page. I can then scroll through very quickly, seeing what patterns I like. I can also save each weeks charts into my Favorites Folder very easily. The problem is, Yahoo doesn't adjust their prices until late at night. Which brings me to my question: Is there any service that allows you to view multiple full-size charts on one page like Yahoo... but loads the prices before midnight... OR is there any way to get the prices earlier on Yahoo. I'm just curious how others have found the quickest way to view the day's market action with individual charts. Dave in Los Angeles _________________________________________________________________ Join the world’s largest e-mail service with MSN Hotmail. http://www.hotmail.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. ------------------------------------------------------------------------------- From: "Perry Stanfield" Subject: Re: [CANSLIM] Perusing daily charts -- easiest way? Date: 09 Jan 2002 19:43:09 -0800 For $23/mo, TC2000 would be nicest. Otherwise consider Clearstation for free. Delayed quotes, OK charts if their format suits you. Good Luck Perry ----- Original Message ----- Sent: Wednesday, January 09, 2002 5:13 PM > It seems one of the challenges of following and finding breakouts is to find > a simple, quick way to view daily charts. I find DGO is great for > identifying candidates on a weekly basis, particularly if the various > screens are imported into Excel then sorted. The problem then is this: DGO > takes too long to load individual charts, even when they are on a watch > list. Now, maybe the problem would be solved if i had DSL (any comments on > how fast DGO is with DSL?) > > However, even then, they have to be scrolled through one at a time. I've > found that Yahoo's charting section allows me to input up to 25 symbols at a > time. All 25 charts load on one long page. I can then scroll through very > quickly, seeing what patterns I like. I can also save each weeks charts > into my Favorites Folder very easily. The problem is, Yahoo doesn't adjust > their prices until late at night. Which brings me to my question: Is there > any service that allows you to view multiple full-size charts on one page > like Yahoo... but loads the prices before midnight... OR is there any way to > get the prices earlier on Yahoo. I'm just curious how others have found the > quickest way to view the day's market action with individual charts. > > Dave in Los Angeles > > _________________________________________________________________ > Join the world's largest e-mail service with MSN Hotmail. > http://www.hotmail.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. ------------------------------------------------------------------------------- From: Warren Keuffel Subject: Re: [CANSLIM] Perusing daily charts -- easiest way? Date: 09 Jan 2002 21:07:00 -0700 I've just discovered a web site -- ClearStation -- that does what you want. If you create a watch list there you can then have CS display the charts for all your stocks in one browser page (up to 20 per page). I like the portfolio tools on CS too. CANSLIMers -- anyone out there following ClearStation recommendations? Any good? Warren J. David Stem wrote: > It seems one of the challenges of following and finding breakouts is > to find a simple, quick way to view daily charts. I find DGO is great > for identifying candidates on a weekly basis, particularly if the > various screens are imported into Excel then sorted. The problem then > is this: DGO takes too long to load individual charts, even when they > are on a watch list. Now, maybe the problem would be solved if i had > DSL (any comments on how fast DGO is with DSL?) > > However, even then, they have to be scrolled through one at a time. > I've found that Yahoo's charting section allows me to input up to 25 > symbols at a time. All 25 charts load on one long page. I can then > scroll through very quickly, seeing what patterns I like. I can also > save each weeks charts into my Favorites Folder very easily. The > problem is, Yahoo doesn't adjust their prices until late at night. > Which brings me to my question: Is there any service that allows you > to view multiple full-size charts on one page like Yahoo... but loads > the prices before midnight... OR is there any way to get the prices > earlier on Yahoo. I'm just curious how others have found the quickest > way to view the day's market action with individual charts. > > Dave in Los Angeles > > _________________________________________________________________ > Join the world's largest e-mail service with MSN Hotmail. > http://www.hotmail.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. ------------------------------------------------------------------------------- From: Warren Keuffel Subject: Re: AW: [CANSLIM] DFXI Date: 09 Jan 2002 21:23:00 -0700 Jumping in here for Mike -- "Kudos" basically means "Congratulations". However I was curious about the etymology of the word so consulted my American Heritage dictionary which defines it as "Acclaim or prestige as a result of achievement or position." But no guidance on etymology, darn it. More than you wanted to know, right? Warren Andreas Himmelreich wrote: >Sorry to ask Mike, what means Kudos? > > >>-----Ursprungliche Nachricht----- >>Von: Mike Gibbons [SMTP:webmaster@cwhcharts.com] >>Gesendet am: Wednesday, January 09, 2002 7:08 PM >>An: canslim@lists.xmission.com >>Betreff: RE: [CANSLIM] DFXI >> >>Kudos to you, you should be feeling pleased this morning and justly so. >> >>Aloha, >> >>Mike Gibbons >> >> >> >>-----Original Message----- >>From: owner-canslim@lists.xmission.com >>[mailto:owner-canslim@lists.xmission.com]On Behalf Of Dave >>Sent: Wednesday, January 09, 2002 5:29 AM >>To: canslim@lists.xmission.com >>Subject: RE: [CANSLIM] DFXI >> >> >>True, the handle was a bit sloppy but for the most part volume in the >>handle was below normal. It also made a pretty nice ascending triangle. >> >>As for the action at the end of the day, I think you're reading too much >>into it. The stock made a tremendous surge on volume in the last half hour >>of trading. It then pulled back on lower volume but didn't undercut that >>"intraday breakout point". It then found some new buyers at the very end >>of the session. >> >>You can find flaws in any chart formation. I've missed many huge winners >>by refusing to buy what I perceived as a flawed handle, or by putting too >>much weight on intraday analysis. Even IBD will go on to call "perfect >>cup-handle breakouts" on stocks that have somewhat questionable >>formations. I won't be surprised to see DFXI mentioned tomorrow as a good >>example. >> >>Of course hindsight is 20/20. Nevertheless I'm glad I bought yesterday :) >> >> >>>>Yes it did but fell back below it's high of the day. Also, >>>> >>>action in the >>> >>>>handle has been sloppy - one normally hopes to see price >>>> >>>pullback on falling >>> >>>>volume but in fact it's made a couple of attempts to BO on >>>> >>>above average >>> >>>>volume since forming the pivot on 12/10. I wouldn't rush in with an >>>>overnight order! >>>> >>>>Mike Gibbons >>>> >> >>- >>-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. > > > - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: esetser Subject: Re: [CANSLIM] Perusing daily charts -- easiest way? Date: 09 Jan 2002 21:38:53 -0800 I just ran through about 22 charts in a stock list in 43 seconds with DGO and DSL. I wasn't looking at the charts, just checking how long it takes to bring up each chart, and it averaged about 2 seconds. At 05:13 PM 1/9/02 -0800, you wrote: >It seems one of the challenges of following and finding breakouts is to find >a simple, quick way to view daily charts. I find DGO is great for >identifying candidates on a weekly basis, particularly if the various >screens are imported into Excel then sorted. The problem then is this: DGO >takes too long to load individual charts, even when they are on a watch >list. Now, maybe the problem would be solved if i had DSL (any comments on >how fast DGO is with DSL?) > - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: AW: [CANSLIM] DFXI Date: 09 Jan 2002 22:18:57 +0100 Sorry to ask Mike, what means Kudos? > -----Ursprungliche Nachricht----- > Von: Mike Gibbons [SMTP:webmaster@cwhcharts.com] > Gesendet am: Wednesday, January 09, 2002 7:08 PM > An: canslim@lists.xmission.com > Betreff: RE: [CANSLIM] DFXI > > Kudos to you, you should be feeling pleased this morning and justly so. > > Aloha, > > Mike Gibbons > > > > -----Original Message----- > From: owner-canslim@lists.xmission.com > [mailto:owner-canslim@lists.xmission.com]On Behalf Of Dave > Sent: Wednesday, January 09, 2002 5:29 AM > To: canslim@lists.xmission.com > Subject: RE: [CANSLIM] DFXI > > > True, the handle was a bit sloppy but for the most part volume in the > handle was below normal. It also made a pretty nice ascending triangle. > > As for the action at the end of the day, I think you're reading too much > into it. The stock made a tremendous surge on volume in the last half hour > of trading. It then pulled back on lower volume but didn't undercut that > "intraday breakout point". It then found some new buyers at the very end > of the session. > > You can find flaws in any chart formation. I've missed many huge winners > by refusing to buy what I perceived as a flawed handle, or by putting too > much weight on intraday analysis. Even IBD will go on to call "perfect > cup-handle breakouts" on stocks that have somewhat questionable > formations. I won't be surprised to see DFXI mentioned tomorrow as a good > example. > > Of course hindsight is 20/20. Nevertheless I'm glad I bought yesterday :) > > > > > Yes it did but fell back below it's high of the day. Also, > > action in the > > > handle has been sloppy - one normally hopes to see price > > pullback on falling > > > volume but in fact it's made a couple of attempts to BO on > > above average > > > volume since forming the pivot on 12/10. I wouldn't rush in with an > > > overnight order! > > > > > > Mike Gibbons > > > - > -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. ------------------------------------------------------------------------------- From: esetser Subject: Re: [CANSLIM] Perusing daily charts -- easiest way? Date: 09 Jan 2002 21:40:46 -0800 I have used Clearstation at times, and still maintain my CANSLIM portfolio there. It seems like they have had problems with the update times, etc. since they've been bought out. Since I got DGO, I mostly use it to communicate my buys and sells to those interested. At 09:07 PM 1/9/02 -0700, you wrote: >I've just discovered a web site -- ClearStation -- that does what you >want. If you create a watch list there you can then have CS display the >charts for all your stocks in one browser page (up to 20 per page). I >like the portfolio tools on CS too. > >CANSLIMers -- anyone out there following ClearStation recommendations? >Any good? > >Warren > >J. David Stem wrote: > >> It seems one of the challenges of following and finding breakouts is >> to find a simple, quick way to view daily charts. I find DGO is great >> for identifying candidates on a weekly basis, particularly if the >> various screens are imported into Excel then sorted. The problem then >> is this: DGO takes too long to load individual charts, even when they >> are on a watch list. Now, maybe the problem would be solved if i had >> DSL (any comments on how fast DGO is with DSL?) >> >> However, even then, they have to be scrolled through one at a time. >> I've found that Yahoo's charting section allows me to input up to 25 >> symbols at a time. All 25 charts load on one long page. I can then >> scroll through very quickly, seeing what patterns I like. I can also >> save each weeks charts into my Favorites Folder very easily. The >> problem is, Yahoo doesn't adjust their prices until late at night. >> Which brings me to my question: Is there any service that allows you >> to view multiple full-size charts on one page like Yahoo... but loads >> the prices before midnight... OR is there any way to get the prices >> earlier on Yahoo. I'm just curious how others have found the quickest >> way to view the day's market action with individual charts. >> >> Dave in Los Angeles >> >> _________________________________________________________________ >> Join the world's largest e-mail service with MSN Hotmail. >> http://www.hotmail.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. ------------------------------------------------------------------------------- From: Dan Subject: Re: AW: [CANSLIM] DFXI Date: 09 Jan 2002 20:41:24 -0800 Also, To praise; to extol; to glorify. and: an expression of approval and commendation. extol. To elevate by praise; to eulogize; to praise; to magnify; and, To place on high; to lift up; to elevate. And attaboy. Dan Warren Keuffel wrote: > Jumping in here for Mike -- "Kudos" basically means "Congratulations". > However I was curious about the etymology of the word so > consulted my American Heritage dictionary which defines it as "Acclaim > or prestige as a result of achievement or position." But no guidance on > etymology, darn it. More than you wanted to know, right? > > Warren > > Andreas Himmelreich wrote: > > >Sorry to ask Mike, what means Kudos? > > > > > >>-----Ursprungliche Nachricht----- > >>Von: Mike Gibbons [SMTP:webmaster@cwhcharts.com] > >>Gesendet am: Wednesday, January 09, 2002 7:08 PM > >>An: canslim@lists.xmission.com > >>Betreff: RE: [CANSLIM] DFXI > >> > >>Kudos to you, you should be feeling pleased this morning and justly so. > >> > >>Aloha, > >> > >>Mike Gibbons > >> > >> > >> > >>-----Original Message----- > >>From: owner-canslim@lists.xmission.com > >>[mailto:owner-canslim@lists.xmission.com]On Behalf Of Dave > >>Sent: Wednesday, January 09, 2002 5:29 AM > >>To: canslim@lists.xmission.com > >>Subject: RE: [CANSLIM] DFXI > >> > >> > >>True, the handle was a bit sloppy but for the most part volume in the > >>handle was below normal. It also made a pretty nice ascending triangle. > >> > >>As for the action at the end of the day, I think you're reading too much > >>into it. The stock made a tremendous surge on volume in the last half hour > >>of trading. It then pulled back on lower volume but didn't undercut that > >>"intraday breakout point". It then found some new buyers at the very end > >>of the session. > >> > >>You can find flaws in any chart formation. I've missed many huge winners > >>by refusing to buy what I perceived as a flawed handle, or by putting too > >>much weight on intraday analysis. Even IBD will go on to call "perfect > >>cup-handle breakouts" on stocks that have somewhat questionable > >>formations. I won't be surprised to see DFXI mentioned tomorrow as a good > >>example. > >> > >>Of course hindsight is 20/20. Nevertheless I'm glad I bought yesterday :) > >> > >> > >>>>Yes it did but fell back below it's high of the day. Also, > >>>> > >>>action in the > >>> > >>>>handle has been sloppy - one normally hopes to see price > >>>> > >>>pullback on falling > >>> > >>>>volume but in fact it's made a couple of attempts to BO on > >>>> > >>>above average > >>> > >>>>volume since forming the pivot on 12/10. I wouldn't rush in with an > >>>>overnight order! > >>>> > >>>>Mike Gibbons > >>>> > >> > >>- > >>-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. > > > > > > > > - > -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. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: [CANSLIM] Distribution Day? Date: 09 Jan 2002 22:33:46 +0100 Well to me that was a distribution day. Lets see what IBD says tomorow .... Looked into valuation once more: On the first glance it really looks like the market favours value right now ... (what would make sence due to the pretty high valuations we got). Stuff like RYL, TTIL, DFXI, GISX holds up ... BLDG-RESIDENT/COMMRCL made a nice move today, I am back in RYL where I dumped the stock some trading days ago ... See you Andreas - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: AW: [CANSLIM] DFXI Date: 09 Jan 2002 22:13:19 +0100 Well I do not a lot to the PE, but a 113 for KKD is just to high for me .... I have the impression, that the market favours valuation a bit more then in the beginning of the rally (just a gut feeling, not more). > -----Ursprungliche Nachricht----- > Von: Flint, James, AFIS-HQ/IRM [SMTP:jflint@hq.afis.osd.mil] > Gesendet am: Wednesday, January 09, 2002 6:33 PM > An: 'canslim@lists.xmission.com' > Betreff: RE: [CANSLIM] DFXI > > Katherine, > > Thanks for the feedback. I'll be wiating for the pullback, similar to what > KKD has just done... Anyone else in KKD? > > James > > > Hi former-lurker James, > > I guess it depends on whether or not you believe Bulkowski....his odds say > that this one will move, then retrace close to the pivot of 33.34 before > moving on again. If you don't want to wait for that sort of pullback, then > you can see if this one falls back a bit later in the day within 5% of the > pivot (if you believe in WON's "out of range" guideline.) The other option > is to just go for it and expect that it could very well keep on going (it's > a strong stock) and just set your stop a bit below the pivot. Lots of ways > to play something like this depending on your style! > > Katherine > > ----- Original Message ----- > From: Flint, James, AFIS-HQ/IRM > To: 'canslim@lists.xmission.com' > Sent: Wednesday, January 09, 2002 10:43 AM > Subject: RE: [CANSLIM] DFXI > > So is DFXI a buy right now or do I wait for a pullback to $33.50 -34.00? > > Back to lurking > > James > > -----Original Message----- > From: Katherine Malm [mailto:kmalm@earthlink.net] > Sent: Wednesday, January 09, 2002 10:35 AM > To: canslim@lists.xmission.com > Subject: Re: [CANSLIM] DFXI > > > Dave, Andreas... > > Nice catch on DFXI...textbook CANSLIM/high growth...nice breakout this a.m. > > Katherine > > ----- Original Message ----- > From: Dave > To: canslim@lists.xmission.com > Sent: Wednesday, January 09, 2002 9:28 AM > Subject: RE: [CANSLIM] DFXI > > True, the handle was a bit sloppy but for the most part volume in the > handle was below normal. It also made a pretty nice ascending triangle. > > As for the action at the end of the day, I think you're reading too much > into it. The stock made a tremendous surge on volume in the last half hour > of trading. It then pulled back on lower volume but didn't undercut that > "intraday breakout point". It then found some new buyers at the very end > of the session. > > You can find flaws in any chart formation. I've missed many huge winners > by refusing to buy what I perceived as a flawed handle, or by putting too > much weight on intraday analysis. Even IBD will go on to call "perfect > cup-handle breakouts" on stocks that have somewhat questionable > formations. I won't be surprised to see DFXI mentioned tomorrow as a good > example. > > Of course hindsight is 20/20. Nevertheless I'm glad I bought yesterday :) > > > > > Yes it did but fell back below it's high of the day. Also, > > action in the > > > handle has been sloppy - one normally hopes to see price > > pullback on falling > > > volume but in fact it's made a couple of attempts to BO on > > above average > > > volume since forming the pivot on 12/10. I wouldn't rush in with an > > > overnight order! > > > > > > Mike Gibbons > > > - > -To subscribe/unsubscribe, email " majordomo@xmission.com > " > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. > > << Datei: ATT00002.htm >> - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Jack Stephenson" Subject: Re: [CANSLIM] DFXI Date: 09 Jan 2002 20:47:08 -0800 I had the unfortunate experience of setting a buy stop-limit at 33.5 for DFXI a week ago and today the opening gapped over my order, which was never filled. I have been left in the dust. Jack ----- Original Message ----- Sent: Wednesday, January 09, 2002 1:13 PM > Well I do not a lot to the PE, but a 113 for KKD is just to high for me .... > > I have the impression, that the market favours valuation a bit more then in the beginning > of the rally (just a gut feeling, not more). > > > -----Ursprungliche Nachricht----- > > Von: Flint, James, AFIS-HQ/IRM [SMTP:jflint@hq.afis.osd.mil] > > Gesendet am: Wednesday, January 09, 2002 6:33 PM > > An: 'canslim@lists.xmission.com' > > Betreff: RE: [CANSLIM] DFXI > > > > Katherine, > > > > Thanks for the feedback. I'll be wiating for the pullback, similar to what > > KKD has just done... Anyone else in KKD? > > > > James > > > > > > Hi former-lurker James, > > > > I guess it depends on whether or not you believe Bulkowski....his odds say > > that this one will move, then retrace close to the pivot of 33.34 before > > moving on again. If you don't want to wait for that sort of pullback, then > > you can see if this one falls back a bit later in the day within 5% of the > > pivot (if you believe in WON's "out of range" guideline.) The other option > > is to just go for it and expect that it could very well keep on going (it's > > a strong stock) and just set your stop a bit below the pivot. Lots of ways > > to play something like this depending on your style! > > > > Katherine > > > > ----- Original Message ----- > > From: Flint, James, AFIS-HQ/IRM > > To: 'canslim@lists.xmission.com' > > Sent: Wednesday, January 09, 2002 10:43 AM > > Subject: RE: [CANSLIM] DFXI > > > > So is DFXI a buy right now or do I wait for a pullback to $33.50 -34.00? > > > > Back to lurking > > > > James > > > > -----Original Message----- > > From: Katherine Malm [mailto:kmalm@earthlink.net] > > Sent: Wednesday, January 09, 2002 10:35 AM > > To: canslim@lists.xmission.com > > Subject: Re: [CANSLIM] DFXI > > > > > > Dave, Andreas... > > > > Nice catch on DFXI...textbook CANSLIM/high growth...nice breakout this a.m. > > > > Katherine > > > > ----- Original Message ----- > > From: Dave > > To: canslim@lists.xmission.com > > Sent: Wednesday, January 09, 2002 9:28 AM > > Subject: RE: [CANSLIM] DFXI > > > > True, the handle was a bit sloppy but for the most part volume in the > > handle was below normal. It also made a pretty nice ascending triangle. > > > > As for the action at the end of the day, I think you're reading too much > > into it. The stock made a tremendous surge on volume in the last half hour > > of trading. It then pulled back on lower volume but didn't undercut that > > "intraday breakout point". It then found some new buyers at the very end > > of the session. > > > > You can find flaws in any chart formation. I've missed many huge winners > > by refusing to buy what I perceived as a flawed handle, or by putting too > > much weight on intraday analysis. Even IBD will go on to call "perfect > > cup-handle breakouts" on stocks that have somewhat questionable > > formations. I won't be surprised to see DFXI mentioned tomorrow as a good > > example. > > > > Of course hindsight is 20/20. Nevertheless I'm glad I bought yesterday :) > > > > > > > > Yes it did but fell back below it's high of the day. Also, > > > action in the > > > > handle has been sloppy - one normally hopes to see price > > > pullback on falling > > > > volume but in fact it's made a couple of attempts to BO on > > > above average > > > > volume since forming the pivot on 12/10. I wouldn't rush in with an > > > > overnight order! > > > > > > > > Mike Gibbons > > > > > > - > > -To subscribe/unsubscribe, email " majordomo@xmission.com > > " > > -In the email body, write "subscribe canslim" or > > -"unsubscribe canslim". Do not use quotes in your email. > > > > << Datei: ATT00002.htm >> > > - > -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. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] Distribution Day? Date: 09 Jan 2002 23:36:56 -0500 Hi Andreas, I saw a marked move in the small caps away from growth and into value. During the past week I have been seeing that trend reverse. Every home builder chart I have looked at tonight either gapped up on the open, or at least had an exceptionally nice day, despite the market being down. All appeared to close strong. Even though the group is still a "B", appears to be moving up quickly. Maybe even too quickly, but showing strength. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message ----- Sent: Wednesday, January 09, 2002 4:33 PM > Well to me that was a distribution day. Lets see what IBD says tomorow .... > > Looked into valuation once more: On the first glance it really looks like the market > favours value right now ... (what would make sence due to the pretty high valuations we got). > > Stuff like RYL, TTIL, DFXI, GISX holds up ... > > BLDG-RESIDENT/COMMRCL made a nice move today, I am back in RYL where I dumped the stock some trading > days ago ... > > See you > > Andreas > > > > - > -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. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: AW: [CANSLIM] Perusing daily charts -- easiest way? Date: 10 Jan 2002 13:06:05 +0100 Dave, I got DSL, per Chart a second and its up ... Andreas > -----Ursprungliche Nachricht----- > Von: J. David Stem [SMTP:jdavidstem@msn.com] > Gesendet am: Thursday, January 10, 2002 2:14 AM > An: canslim@lists.xmission.com > Betreff: [CANSLIM] Perusing daily charts -- easiest way? > > It seems one of the challenges of following and finding breakouts is to find > a simple, quick way to view daily charts. I find DGO is great for > identifying candidates on a weekly basis, particularly if the various > screens are imported into Excel then sorted. The problem then is this: DGO > takes too long to load individual charts, even when they are on a watch > list. Now, maybe the problem would be solved if i had DSL (any comments on > how fast DGO is with DSL?) > > However, even then, they have to be scrolled through one at a time. I've > found that Yahoo's charting section allows me to input up to 25 symbols at a > time. All 25 charts load on one long page. I can then scroll through very > quickly, seeing what patterns I like. I can also save each weeks charts > into my Favorites Folder very easily. The problem is, Yahoo doesn't adjust > their prices until late at night. Which brings me to my question: Is there > any service that allows you to view multiple full-size charts on one page > like Yahoo... but loads the prices before midnight... OR is there any way to > get the prices earlier on Yahoo. I'm just curious how others have found the > quickest way to view the day's market action with individual charts. > > Dave in Los Angeles > > _________________________________________________________________ > Join the world's largest e-mail service with MSN Hotmail. > http://www.hotmail.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. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: AW: AW: [CANSLIM] DFXI Date: 10 Jan 2002 13:27:02 +0100 Thank you :-) > -----Ursprungliche Nachricht----- > Von: Warren Keuffel [SMTP:wkeuffel@xmission.com] > Gesendet am: Thursday, January 10, 2002 5:23 AM > An: canslim@lists.xmission.com > Betreff: Re: AW: [CANSLIM] DFXI > > Jumping in here for Mike -- "Kudos" basically means "Congratulations". > However I was curious about the etymology of the word so > consulted my American Heritage dictionary which defines it as "Acclaim > or prestige as a result of achievement or position." But no guidance on > etymology, darn it. More than you wanted to know, right? > > Warren > > Andreas Himmelreich wrote: > > >Sorry to ask Mike, what means Kudos? > > > > > >>-----Ursprungliche Nachricht----- > >>Von: Mike Gibbons [SMTP:webmaster@cwhcharts.com] > >>Gesendet am: Wednesday, January 09, 2002 7:08 PM > >>An: canslim@lists.xmission.com > >>Betreff: RE: [CANSLIM] DFXI > >> > >>Kudos to you, you should be feeling pleased this morning and justly so. > >> > >>Aloha, > >> > >>Mike Gibbons > >> > >> > >> > >>-----Original Message----- > >>From: owner-canslim@lists.xmission.com > >>[mailto:owner-canslim@lists.xmission.com]On Behalf Of Dave > >>Sent: Wednesday, January 09, 2002 5:29 AM > >>To: canslim@lists.xmission.com > >>Subject: RE: [CANSLIM] DFXI > >> > >> > >>True, the handle was a bit sloppy but for the most part volume in the > >>handle was below normal. It also made a pretty nice ascending triangle. > >> > >>As for the action at the end of the day, I think you're reading too much > >>into it. The stock made a tremendous surge on volume in the last half hour > >>of trading. It then pulled back on lower volume but didn't undercut that > >>"intraday breakout point". It then found some new buyers at the very end > >>of the session. > >> > >>You can find flaws in any chart formation. I've missed many huge winners > >>by refusing to buy what I perceived as a flawed handle, or by putting too > >>much weight on intraday analysis. Even IBD will go on to call "perfect > >>cup-handle breakouts" on stocks that have somewhat questionable > >>formations. I won't be surprised to see DFXI mentioned tomorrow as a good > >>example. > >> > >>Of course hindsight is 20/20. Nevertheless I'm glad I bought yesterday :) > >> > >> > >>>>Yes it did but fell back below it's high of the day. Also, > >>>> > >>>action in the > >>> > >>>>handle has been sloppy - one normally hopes to see price > >>>> > >>>pullback on falling > >>> > >>>>volume but in fact it's made a couple of attempts to BO on > >>>> > >>>above average > >>> > >>>>volume since forming the pivot on 12/10. I wouldn't rush in with an > >>>>overnight order! > >>>> > >>>>Mike Gibbons > >>>> > >> > >>- > >>-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. > > > > > > > > > > - > -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. ------------------------------------------------------------------------------- From: "Dave" Subject: [CANSLIM] PENN Date: 10 Jan 2002 06:24:01 -0600 How do you evaluate a chart like PENN. I first entered this stock on 11/27 when it appeared to be breaking out of a very short handle. I was stopped out in about a week on 12/5. Now it appears to be forming another handle. Do you still treat this type of formation as a c/h even though there appears to be several small failed handles on the right side of the base? Thanks in advance for your input. - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Jerry Weiss Subject: Re: [CANSLIM] Perusing daily charts -- easiest way? Date: 10 Jan 2002 06:59:37 -0600 Dave and Andreas: I also have DSL. It will depend on how far you are from the sending station as to how long the reception will take. While a friend a few miles from me gets the same excellent reception that Andreas reports, I'm not as lucky. I'm on the perimeter and it sometimes takes quite long for reception or sending to occur. Sometimes the reception is so bad, it's as if I had AOL on a busy night. During cloudy/rainy weather it may freeze up or not recieve at all. Check on how far away you are from their sending station before commiting to DSL. Jer ----- Original Message ----- Sent: Thursday, January 10, 2002 6:06 AM > Dave, > > I got DSL, per Chart a second and its up ... > > Andreas > > > -----Ursprungliche Nachricht----- > > Von: J. David Stem [SMTP:jdavidstem@msn.com] > > Gesendet am: Thursday, January 10, 2002 2:14 AM > > An: canslim@lists.xmission.com > > Betreff: [CANSLIM] Perusing daily charts -- easiest way? > > > > It seems one of the challenges of following and finding breakouts is to find > > a simple, quick way to view daily charts. I find DGO is great for > > identifying candidates on a weekly basis, particularly if the various > > screens are imported into Excel then sorted. The problem then is this: DGO > > takes too long to load individual charts, even when they are on a watch > > list. Now, maybe the problem would be solved if i had DSL (any comments on > > how fast DGO is with DSL?) > > > > However, even then, they have to be scrolled through one at a time. I've > > found that Yahoo's charting section allows me to input up to 25 symbols at a > > time. All 25 charts load on one long page. I can then scroll through very > > quickly, seeing what patterns I like. I can also save each weeks charts > > into my Favorites Folder very easily. The problem is, Yahoo doesn't adjust > > their prices until late at night. Which brings me to my question: Is there > > any service that allows you to view multiple full-size charts on one page > > like Yahoo... but loads the prices before midnight... OR is there any way to > > get the prices earlier on Yahoo. I'm just curious how others have found the > > quickest way to view the day's market action with individual charts. > > > > Dave in Los Angeles > > > > _________________________________________________________________ > > Join the world's largest e-mail service with MSN Hotmail. > > http://www.hotmail.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. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: AW: [CANSLIM] Perusing daily charts -- easiest way? Date: 10 Jan 2002 14:18:00 +0100 Well I hate Deutsche Telecom, because they have very bad service (no your are wrong here, we changed the nummber, please call ....), but when its up and running (you got it to work), its fine. > -----Ursprungliche Nachricht----- > Von: Jerry Weiss [SMTP:docdoer@swbell.net] > Gesendet am: Thursday, January 10, 2002 2:00 PM > An: canslim@lists.xmission.com > Betreff: Re: [CANSLIM] Perusing daily charts -- easiest way? > > Dave and Andreas: > I also have DSL. It will depend on how far you are from the sending station > as to how long the reception will take. While a friend a few miles from me > gets the same excellent reception that Andreas reports, I'm not as lucky. > I'm on the perimeter and it sometimes takes quite long for reception or > sending to occur. Sometimes the reception is so bad, it's as if I had AOL > on a busy night. During cloudy/rainy weather it may freeze up or not > recieve at all. > > Check on how far away you are from their sending station before commiting to > DSL. > Jer > > ----- Original Message ----- > From: "Andreas Himmelreich" > To: > Sent: Thursday, January 10, 2002 6:06 AM > Subject: AW: [CANSLIM] Perusing daily charts -- easiest way? > > > > Dave, > > > > I got DSL, per Chart a second and its up ... > > > > Andreas > > > > > -----Ursprungliche Nachricht----- > > > Von: J. David Stem [SMTP:jdavidstem@msn.com] > > > Gesendet am: Thursday, January 10, 2002 2:14 AM > > > An: canslim@lists.xmission.com > > > Betreff: [CANSLIM] Perusing daily charts -- easiest way? > > > > > > It seems one of the challenges of following and finding breakouts is to > find > > > a simple, quick way to view daily charts. I find DGO is great for > > > identifying candidates on a weekly basis, particularly if the various > > > screens are imported into Excel then sorted. The problem then is this: > DGO > > > takes too long to load individual charts, even when they are on a watch > > > list. Now, maybe the problem would be solved if i had DSL (any comments > on > > > how fast DGO is with DSL?) > > > > > > However, even then, they have to be scrolled through one at a time. > I've > > > found that Yahoo's charting section allows me to input up to 25 symbols > at a > > > time. All 25 charts load on one long page. I can then scroll through > very > > > quickly, seeing what patterns I like. I can also save each weeks charts > > > into my Favorites Folder very easily. The problem is, Yahoo doesn't > adjust > > > their prices until late at night. Which brings me to my question: Is > there > > > any service that allows you to view multiple full-size charts on one > page > > > like Yahoo... but loads the prices before midnight... OR is there any > way to > > > get the prices earlier on Yahoo. I'm just curious how others have found > the > > > quickest way to view the day's market action with individual charts. > > > > > > Dave in Los Angeles > > > > > > _________________________________________________________________ > > > Join the world's largest e-mail service with MSN Hotmail. > > > http://www.hotmail.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. - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] PENN Date: 10 Jan 2002 08:20:45 -0500 Hi Dave, On the chart alone, I would view this as a high handle on a cup, with a higher probability of failure. But I would cushion that view with the fact that the group has been doing very well, and the better stocks in the group are all hitting new 12 month highs. I would also note that this stock has 4 consecutive quarters of sequential growth in both earnings and sales. Combine the nice gain in price from the lows of September, and the light volume recently, and I think you are mostly seeing profit taking. Earnings forecast remain strong for 2002. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message ----- Sent: Thursday, January 10, 2002 7:24 AM > How do you evaluate a chart like PENN. I first entered this stock on 11/27 > when it appeared to be breaking out of a very short handle. I was stopped > out in about a week on 12/5. Now it appears to be forming another handle. > Do you still treat this type of formation as a c/h even though there appears > to be several small failed handles on the right side of the base? > > Thanks in advance for your input. > > > - > -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. ------------------------------------------------------------------------------- From: "Mike Hofmann" Subject: Re: AW: [CANSLIM] DFXI Date: 10 Jan 2002 10:08:17 -0800 ... and still more than you really wanted to know about "kudos": From a really cool site called "Take Our Word For It" (http://www.takeourword.com/): "Kudos is simply Greek for "praise". It is thought to have entered English as university slang. By 1799 we have a back-formed verb kudize "to praise", so kudos itself was probably in use prior to that, though the first known recorded use of kudos comes from 1831. Thereafter we find it used by the likes of Disraeli and Darwin. Darwin wrote, in one of his letters: "Lyell has read about half of the volume in clean sheets, and gives me very great kudos." Pronunciation in Britain is "cue-doss" while in America it is "koo-doze". As with many Greek words, -os indicates a singular noun. Many people assume kudos is the plural form, with the singular being a kudo. They are wrong. Just wrong. There was once a computer operating system called QDOS. Was it named by a Brit, so that it sounded like kudos, or is that simply a coincidence?" ... and there you have it. ----- Original Message ----- Sent: Wednesday, January 09, 2002 8:23 PM > Jumping in here for Mike -- "Kudos" basically means "Congratulations". > However I was curious about the etymology of the word so > consulted my American Heritage dictionary which defines it as "Acclaim > or prestige as a result of achievement or position." But no guidance on > etymology, darn it. More than you wanted to know, right? > > Warren > > Andreas Himmelreich wrote: > > >Sorry to ask Mike, what means Kudos? > > > > > >>-----Ursprungliche Nachricht----- > >>Von: Mike Gibbons [SMTP:webmaster@cwhcharts.com] > >>Gesendet am: Wednesday, January 09, 2002 7:08 PM > >>An: canslim@lists.xmission.com > >>Betreff: RE: [CANSLIM] DFXI > >> > >>Kudos to you, you should be feeling pleased this morning and justly so. > >> > >>Aloha, > >> > >>Mike Gibbons > >> > >> > >> > >>-----Original Message----- > >>From: owner-canslim@lists.xmission.com > >>[mailto:owner-canslim@lists.xmission.com]On Behalf Of Dave > >>Sent: Wednesday, January 09, 2002 5:29 AM > >>To: canslim@lists.xmission.com > >>Subject: RE: [CANSLIM] DFXI > >> > >> > >>True, the handle was a bit sloppy but for the most part volume in the > >>handle was below normal. It also made a pretty nice ascending triangle. > >> > >>As for the action at the end of the day, I think you're reading too much > >>into it. The stock made a tremendous surge on volume in the last half hour > >>of trading. It then pulled back on lower volume but didn't undercut that > >>"intraday breakout point". It then found some new buyers at the very end > >>of the session. > >> > >>You can find flaws in any chart formation. I've missed many huge winners > >>by refusing to buy what I perceived as a flawed handle, or by putting too > >>much weight on intraday analysis. Even IBD will go on to call "perfect > >>cup-handle breakouts" on stocks that have somewhat questionable > >>formations. I won't be surprised to see DFXI mentioned tomorrow as a good > >>example. > >> > >>Of course hindsight is 20/20. Nevertheless I'm glad I bought yesterday :) > >> > >> > >>>>Yes it did but fell back below it's high of the day. Also, > >>>> > >>>action in the > >>> > >>>>handle has been sloppy - one normally hopes to see price > >>>> > >>>pullback on falling > >>> > >>>>volume but in fact it's made a couple of attempts to BO on > >>>> > >>>above average > >>> > >>>>volume since forming the pivot on 12/10. I wouldn't rush in with an > >>>>overnight order! > >>>> > >>>>Mike Gibbons > >>>> > >> > >>- > >>-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. > > > > > > > > > > - > -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. ------------------------------------------------------------------------------- From: "John Adair" Subject: RE: [CANSLIM] Perusing daily charts -- easiest way? Date: 10 Jan 2002 15:38:08 -0600 Hi warren This is a good project You might check tc2000 it has a flash type of screen viewing. And Metastock allows viewing groups of stock charts. By the way how do you import and sort stocks into excel. I basically know how to import csv files but haven't tried charts -----Original Message----- [mailto:owner-canslim@lists.xmission.com]On Behalf Of Warren Keuffel Sent: Wednesday, January 09, 2002 10:07 PM I've just discovered a web site -- ClearStation -- that does what you want. If you create a watch list there you can then have CS display the charts for all your stocks in one browser page (up to 20 per page). I like the portfolio tools on CS too. CANSLIMers -- anyone out there following ClearStation recommendations? Any good? Warren J. David Stem wrote: > It seems one of the challenges of following and finding breakouts is > to find a simple, quick way to view daily charts. I find DGO is great > for identifying candidates on a weekly basis, particularly if the > various screens are imported into Excel then sorted. The problem then > is this: DGO takes too long to load individual charts, even when they > are on a watch list. Now, maybe the problem would be solved if i had > DSL (any comments on how fast DGO is with DSL?) > > However, even then, they have to be scrolled through one at a time. > I've found that Yahoo's charting section allows me to input up to 25 > symbols at a time. All 25 charts load on one long page. I can then > scroll through very quickly, seeing what patterns I like. I can also > save each weeks charts into my Favorites Folder very easily. The > problem is, Yahoo doesn't adjust their prices until late at night. > Which brings me to my question: Is there any service that allows you > to view multiple full-size charts on one page like Yahoo... but loads > the prices before midnight... OR is there any way to get the prices > earlier on Yahoo. I'm just curious how others have found the quickest > way to view the day's market action with individual charts. > > Dave in Los Angeles > > _________________________________________________________________ > Join the world's largest e-mail service with MSN Hotmail. > http://www.hotmail.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. ------------------------------------------------------------------------------- From: "Erik Harris" Subject: [CANSLIM] ASIA? Date: 10 Jan 2002 16:58:59 -0500 Hi, Just curious on comment about ASIA. Last few days it looked to be breaking out of a nice chart formation. Alas, it seems to be breaking down or allowing for another re-entry point. Any thoughts? Is this stock considered Canslim "worthy" even though it has seen higher days (ie. not breaking to new highs)? Thanks, Erik PS. Forgive me if this has been the topic of recent discussion. I just moved and missed the last week of my Canslim Group emails. ----- Original Message ----- Sent: Thursday, January 10, 2002 1:08 PM > ... and still more than you really wanted to know about "kudos": > > From a really cool site called "Take Our Word For It" > (http://www.takeourword.com/): > > "Kudos is simply Greek for "praise". It is thought to have entered English > as university slang. By 1799 we have a back-formed verb kudize "to praise", > so kudos itself was probably in use prior to that, though the first known > recorded use of kudos comes from 1831. Thereafter we find it used by the > likes of Disraeli and Darwin. Darwin wrote, in one of his letters: "Lyell > has read about half of the volume in clean sheets, and gives me very great > kudos." > > Pronunciation in Britain is "cue-doss" while in America it is "koo-doze". > As with many Greek words, -os indicates a singular noun. Many people assume > kudos is the plural form, with the singular being a kudo. They are wrong. > Just wrong. > > There was once a computer operating system called QDOS. Was it named by a > Brit, so that it sounded like kudos, or is that simply a coincidence?" > > ... and there you have it. > > > ----- Original Message ----- > From: "Warren Keuffel" > To: > Sent: Wednesday, January 09, 2002 8:23 PM > Subject: Re: AW: [CANSLIM] DFXI > > > > Jumping in here for Mike -- "Kudos" basically means "Congratulations". > > However I was curious about the etymology of the word so > > consulted my American Heritage dictionary which defines it as "Acclaim > > or prestige as a result of achievement or position." But no guidance on > > etymology, darn it. More than you wanted to know, right? > > > > Warren > > > > Andreas Himmelreich wrote: > > > > >Sorry to ask Mike, what means Kudos? > > > > > > > > >>-----Ursprungliche Nachricht----- > > >>Von: Mike Gibbons [SMTP:webmaster@cwhcharts.com] > > >>Gesendet am: Wednesday, January 09, 2002 7:08 PM > > >>An: canslim@lists.xmission.com > > >>Betreff: RE: [CANSLIM] DFXI > > >> > > >>Kudos to you, you should be feeling pleased this morning and justly so. > > >> > > >>Aloha, > > >> > > >>Mike Gibbons > > >> > > >> > > >> > > >>-----Original Message----- > > >>From: owner-canslim@lists.xmission.com > > >>[mailto:owner-canslim@lists.xmission.com]On Behalf Of Dave > > >>Sent: Wednesday, January 09, 2002 5:29 AM > > >>To: canslim@lists.xmission.com > > >>Subject: RE: [CANSLIM] DFXI > > >> > > >> > > >>True, the handle was a bit sloppy but for the most part volume in the > > >>handle was below normal. It also made a pretty nice ascending triangle. > > >> > > >>As for the action at the end of the day, I think you're reading too much > > >>into it. The stock made a tremendous surge on volume in the last half > hour > > >>of trading. It then pulled back on lower volume but didn't undercut that > > >>"intraday breakout point". It then found some new buyers at the very end > > >>of the session. > > >> > > >>You can find flaws in any chart formation. I've missed many huge winners > > >>by refusing to buy what I perceived as a flawed handle, or by putting > too > > >>much weight on intraday analysis. Even IBD will go on to call "perfect > > >>cup-handle breakouts" on stocks that have somewhat questionable > > >>formations. I won't be surprised to see DFXI mentioned tomorrow as a > good > > >>example. > > >> > > >>Of course hindsight is 20/20. Nevertheless I'm glad I bought yesterday > :) > > >> > > >> > > >>>>Yes it did but fell back below it's high of the day. Also, > > >>>> > > >>>action in the > > >>> > > >>>>handle has been sloppy - one normally hopes to see price > > >>>> > > >>>pullback on falling > > >>> > > >>>>volume but in fact it's made a couple of attempts to BO on > > >>>> > > >>>above average > > >>> > > >>>>volume since forming the pivot on 12/10. I wouldn't rush in with an > > >>>>overnight order! > > >>>> > > >>>>Mike Gibbons > > >>>> > > >> > > >>- > > >>-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. > > > > > > > > > > > > > > > > > - > > -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!? Get your free @yahoo.com address at http://mail.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. ------------------------------------------------------------------------------- From: "david frank" Subject: [CANSLIM] tom worley-the smart investor Date: 09 Jan 2002 19:52:30 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_013E_01C19947.2C7C5CC0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable tom, congratulations for being the IBD smart investor. you certainly = deserve it!!! i also got in yesterday's low of TASR. unfortunately-i = made a stupid mistake and got out way to early. TASR could be a real = keeper. also got out of DFIX today-a stock i have mixed feelings about. ------=_NextPart_000_013E_01C19947.2C7C5CC0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
tom, congratulations for being the IBD = smart=20 investor. you certainly deserve it!!! i also got in yesterday's low of = TASR.=20 unfortunately-i made a stupid mistake and got out way to early. TASR = could be a=20 real keeper. also got out of DFIX today-a stock i have mixed feelings=20 about.
------=_NextPart_000_013E_01C19947.2C7C5CC0-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Dave" Subject: RE: [CANSLIM] ASIA? Date: 10 Jan 2002 19:53:19 -0500 I bought some today. I really like the chart, and the pullback came on lower (but still good) volume, and it didn't undercut the breakout level. It's not what you want to see after a breakout, but the Nasdaq was kind of weak today and if it's just a healthy pause, then ASIA may well resume its breakout. Also bought SAH yesterday, which did pretty well today. > -----Original Message----- > From: owner-canslim@lists.xmission.com > [mailto:owner-canslim@lists.xmission.com]On Behalf Of Erik Harris > Sent: Thursday, January 10, 2002 4:59 PM > To: canslim@lists.xmission.com > Subject: [CANSLIM] ASIA? > > > Hi, > > Just curious on comment about ASIA. Last few days it looked to > be breaking > out of a nice chart formation. Alas, it seems to be breaking down or > allowing for another re-entry point. Any thoughts? > > Is this stock considered Canslim "worthy" even though it has seen higher > days (ie. not breaking to new highs)? > > Thanks, > Erik > PS. Forgive me if this has been the topic of recent discussion. > I just moved > and missed the last week of my Canslim Group emails. > > ----- Original Message ----- > From: "Mike Hofmann" > To: > Sent: Thursday, January 10, 2002 1:08 PM > Subject: Re: AW: [CANSLIM] DFXI > > > > ... and still more than you really wanted to know about "kudos": > > > > From a really cool site called "Take Our Word For It" > > (http://www.takeourword.com/): > > > > "Kudos is simply Greek for "praise". It is thought to have entered > English > > as university slang. By 1799 we have a back-formed verb kudize "to > praise", > > so kudos itself was probably in use prior to that, though the > first known > > recorded use of kudos comes from 1831. Thereafter we find it > used by the > > likes of Disraeli and Darwin. Darwin wrote, in one of his > letters: "Lyell > > has read about half of the volume in clean sheets, and gives > me very great > > kudos." > > > > Pronunciation in Britain is "cue-doss" while in America it is > "koo-doze". > > As with many Greek words, -os indicates a singular noun. Many people > assume > > kudos is the plural form, with the singular being a kudo. They are > wrong. > > Just wrong. > > > > There was once a computer operating system called QDOS. Was > it named by a > > Brit, so that it sounded like kudos, or is that simply a coincidence?" > > > > ... and there you have it. > > > > > > ----- Original Message ----- > > From: "Warren Keuffel" > > To: > > Sent: Wednesday, January 09, 2002 8:23 PM > > Subject: Re: AW: [CANSLIM] DFXI > > > > > > > Jumping in here for Mike -- "Kudos" basically means > "Congratulations". > > > However I was curious about the etymology of the word so > > > consulted my American Heritage dictionary which defines it > as "Acclaim > > > or prestige as a result of achievement or position." But no > guidance on > > > etymology, darn it. More than you wanted to know, right? > > > > > > Warren > > > > > > Andreas Himmelreich wrote: > > > > > > >Sorry to ask Mike, what means Kudos? > > > > > > > > > > > >>-----Ursprungliche Nachricht----- > > > >>Von: Mike Gibbons [SMTP:webmaster@cwhcharts.com] > > > >>Gesendet am: Wednesday, January 09, 2002 7:08 PM > > > >>An: canslim@lists.xmission.com > > > >>Betreff: RE: [CANSLIM] DFXI > > > >> > > > >>Kudos to you, you should be feeling pleased this morning > and justly > so. > > > >> > > > >>Aloha, > > > >> > > > >>Mike Gibbons > > > >> > > > >> > > > >> > > > >>-----Original Message----- > > > >>From: owner-canslim@lists.xmission.com > > > >>[mailto:owner-canslim@lists.xmission.com]On Behalf Of Dave > > > >>Sent: Wednesday, January 09, 2002 5:29 AM > > > >>To: canslim@lists.xmission.com > > > >>Subject: RE: [CANSLIM] DFXI > > > >> > > > >> > > > >>True, the handle was a bit sloppy but for the most part > volume in the > > > >>handle was below normal. It also made a pretty nice ascending > triangle. > > > >> > > > >>As for the action at the end of the day, I think you're > reading too > much > > > >>into it. The stock made a tremendous surge on volume in > the last half > > hour > > > >>of trading. It then pulled back on lower volume but > didn't undercut > that > > > >>"intraday breakout point". It then found some new buyers > at the very > end > > > >>of the session. > > > >> > > > >>You can find flaws in any chart formation. I've missed many huge > winners > > > >>by refusing to buy what I perceived as a flawed handle, > or by putting > > too > > > >>much weight on intraday analysis. Even IBD will go on to > call "perfect > > > >>cup-handle breakouts" on stocks that have somewhat questionable > > > >>formations. I won't be surprised to see DFXI mentioned > tomorrow as a > > good > > > >>example. > > > >> > > > >>Of course hindsight is 20/20. Nevertheless I'm glad I > bought yesterday > > :) > > > >> > > > >> > > > >>>>Yes it did but fell back below it's high of the day. Also, > > > >>>> > > > >>>action in the > > > >>> > > > >>>>handle has been sloppy - one normally hopes to see price > > > >>>> > > > >>>pullback on falling > > > >>> > > > >>>>volume but in fact it's made a couple of attempts to BO on > > > >>>> > > > >>>above average > > > >>> > > > >>>>volume since forming the pivot on 12/10. I wouldn't > rush in with an > > > >>>>overnight order! > > > >>>> > > > >>>>Mike Gibbons > > > >>>> > > > >> > > > >>- > > > >>-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. > > > > > > > > > > > > > > > > > > > > > > > > - > > > -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!? > Get your free @yahoo.com address at http://mail.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. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: [CANSLIM] Our Very Own Tom Worley Makes the Big TIme!! Date: 10 Jan 2002 18:50:14 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_00BF_01C19A07.A3D0C020 Content-Type: multipart/alternative; boundary="----=_NextPart_001_00C0_01C19A07.A3D0C020" ------=_NextPart_001_00C0_01C19A07.A3D0C020 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Once again, CONGRATULATIONS!!! --Katherine The Smart Investor =20 Thursday, January 10, 2001 View IBD Investor Profile archive.=20 Bringing Market Direction Into The Mix BY CLAIRE MENCKE INVESTOR'S BUSINESS DAILY Even folks who think they've paid their dues in investing can learn a = lot from CAN SLIM, Tom Worley says. Worley, a bank operations manager, might have thought he'd seen it all. = He started investing when he was 10. "My uncle worked for Florida Steel," he said. "It was publicly traded = then, but it still wasn't profitable. He gave my siblings and I one = share each for Christmas." For Worley, it was the gift that kept on giving. "Back then, there wasn't much junk mail," he said. "So a 10-year-old = like me treasured any mail received. When the quarterly report or annual = statement with proxy arrived, I devoured it." The share also got him into analyzing stocks. "I made my first financial forecast about a year later when I told my = uncle the company would be profitable in six months," said Worley. "That = was about a year ahead of what the company accountants were expecting. I = was right and they were wrong." Worley, now 53, took from that much of the approach to stocks that he = still uses. "It's probably one reason I became so based in fundamentals," he said. = "I have tried everything pretty much, from value investing and bottom = fishing to momentum. I'm basically a fundamentalist at heart." ------- Image: A Marathon Run ------- Fundamentals were what drew him to Epiq Systems (EPIQ). Worley first = bought shares of the financial software firm in early 1999, and still = owns a position in it. Three years ago, Epiq had been public for just about two years and = already had shown year-over-year acceleration in sales, cash flow and = earnings growth.=20 But the fundamental approach wasn't without its issues, says Worley. He = had done a stint as a retail broker for a firm that underwrote small-cap = companies' shares. That introduced him to the inner workings of many = companies. But there were drawbacks, he says. "My most frequent pre-CAN SLIM mistake was convincing myself that I = understood a company better than the market," said Worley. "Then I'd = hold it when everyone else was selling." CAN SLIM lends a helpful counterbalance. "What it does for me is provide = an objective way of measuring a company's true fundamentals against all = other stocks in its group, as well as all stocks," Worley said. "It also = provides a healthy balance of momentum considerations against my own = too-strong fundamentals weighing." Reason To Succeed Worley says he aims to buy stocks of companies "that have a reason to be = highly successful over the long term." Still, CAN SLIM has great value = because "it improved my sense of timing on when to get in and get out," = Worley said. Small stocks still are his favorites, he says. "But size by itself isn't = a determining factor," Worley said. "My very first screen is the daily = list of stocks that hit a new high that day." These stocks are "the starting point for finding stocks with no overhead = within 12 months," he said. "Then I examine their earnings, sales, ROE, = group strength, relative strength and EPS ratings, chart formation, = accumulation/distribution ranks and timeliness." He wants companies to be profitable for at least two quarters. Quarter-to-quarter "sequential earnings and sales are more important to = me than year-to-year percentage increases," he said. "If last year was a = very weak year, it's easy to generate easy percentage comparisons this = year, and hard to do the same next year if they are not still growing = sequentially."=20 Worley says Epiq is probably his single best stock success. The company = makes software for bankruptcy trustees. "I found this one as I find most for my watch list, by using the daily = list of stocks making new highs, and checking for their CAN SLIM = characteristics," he said. His first purchase of the stock netted a 70% return in almost exactly = seven weeks, he says. Worley says he tries to buy stocks that can double in price or better = over a year to 18 months. With Epiq, "I saw that potential, but the 70% = in seven weeks was too extreme," he said. He sold that position. But = later, when the stock backed down from where he had sold it, he bought = it again. His second and third purchases netted him 20% and 30% gains. By then, Worley said he "realized the potential of a company doing so = well when the economy was still strong. If (the bankruptcy software = vendor) could do that well then, they would only flourish when the = economy weakened" - as it did. He bought the stock a fourth time in April 2000 at about 6.75, adjusted = for splits. Ten months later, he sold half of it with a profit of around = 120%. Three months after that, he sold another quarter of the position = for a 366% profit. Personal Rule "I have a personal rule that I must sell at least half a position upon = the first sign of (stock price) weakness whenever I'm up over 100%," = Worley said. "Given the opportunity, I want to take my investing capital = off the table and play with someone else's money." But Worley first uses the 20% gain rule to force himself to re-examine = why he's in a stock. When a stock is up 20%, "it's a reason to carefully examine the chart = and be able to articulate why I was not selling it," he said.=20 ------=_NextPart_001_00C0_01C19A07.A3D0C020 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable

Once again, CONGRATULATIONS!!! --Katherine

The Smart Investor

 

Thursday, January 10, 2001

View= IBD=20 Investor Profile archive.=20

Bringing Market Direction Into The = Mix

BY CLAIRE MENCKE

INVESTOR'S BUSINESS DAILY

Even folks who think they've paid their dues in investing can learn a = lot=20 from CAN SLIM, Tom Worley says.

Worley, a bank operations manager, might have thought he'd seen it = all. He=20 started investing when he was 10.

"My uncle worked for Florida Steel," he said. "It was publicly traded = then,=20 but it still wasn't profitable. He gave my siblings and I one share each = for=20 Christmas."

For Worley, it was the gift that kept on giving.

"Back then, there wasn't much junk mail," he said. "So a 10-year-old = like me=20 treasured any mail received. When the quarterly report or annual = statement with=20 proxy arrived, I devoured it."

The share also got him into analyzing stocks.

"I made my first financial forecast about a year later when I told my = uncle=20 the company would be profitable in six months," said Worley. "That was = about a=20 year ahead of what the company accountants were expecting. I was right = and they=20 were wrong."

Worley, now 53, took from that much of the approach to stocks that he = still=20 uses.

"It's probably one reason I became so based in fundamentals," he = said. "I=20 have tried everything pretty much, from value investing and bottom = fishing to=20 momentum. I'm basically a fundamentalist at heart."

 Image: A Marathon Run

Fundamentals were what drew him to Epiq Systems (EPIQ).=20 Worley first bought shares of the financial software firm in early 1999, = and=20 still owns a position in it.

Three years ago, Epiq had been public for just about two years and = already=20 had shown year-over-year acceleration in sales, cash flow and earnings = growth.=20

But the fundamental approach wasn't without its issues, says Worley. = He had=20 done a stint as a retail broker for a firm that underwrote small-cap = companies'=20 shares. That introduced him to the inner workings of many companies. But = there=20 were drawbacks, he says.

"My most frequent pre-CAN SLIM mistake was convincing myself that I=20 understood a company better than the market," said Worley. "Then I'd = hold it=20 when everyone else was selling."

CAN SLIM lends a helpful counterbalance. "What it does for me is = provide an=20 objective way of measuring a company's true fundamentals against all = other=20 stocks in its group, as well as all stocks," Worley said. "It also = provides a=20 healthy balance of momentum considerations against my own too-strong=20 fundamentals weighing."

Reason To Succeed

Worley says he aims to buy stocks of companies "that have a reason to = be=20 highly successful over the long term." Still, CAN SLIM has great value = because=20 "it improved my sense of timing on when to get in and get out," Worley = said.

Small stocks still are his favorites, he says. "But size by itself = isn't a=20 determining factor," Worley said. "My very first screen is the daily = list of=20 stocks that hit a new high that day."

These stocks are "the starting point for finding stocks with no = overhead=20 within 12 months," he said. "Then I examine their earnings, sales, ROE, = group=20 strength, relative strength and EPS ratings, chart formation,=20 accumulation/distribution ranks and timeliness."

He wants companies to be profitable for at least two quarters.

Quarter-to-quarter "sequential earnings and sales are more important = to me=20 than year-to-year percentage increases," he said. "If last year was a = very weak=20 year, it's easy to generate easy percentage comparisons this year, and = hard to=20 do the same next year if they are not still growing sequentially."

Worley says Epiq is probably his single best stock success. The = company makes=20 software for bankruptcy trustees.

"I found this one as I find most for my watch list, by using the = daily list=20 of stocks making new highs, and checking for their CAN SLIM = characteristics," he=20 said.

His first purchase of the stock netted a 70% return in almost exactly = seven=20 weeks, he says.

Worley says he tries to buy stocks that can double in price or better = over a=20 year to 18 months. With Epiq, "I saw that potential, but the 70% in = seven weeks=20 was too extreme," he said. He sold that position. But later, when the = stock=20 backed down from where he had sold it, he bought it again. His second = and third=20 purchases netted him 20% and 30% gains.

By then, Worley said he "realized the potential of a company doing so = well=20 when the economy was still strong. If (the bankruptcy software vendor) = could do=20 that well then, they would only flourish when the economy weakened" = — as it=20 did.

He bought the stock a fourth time in April 2000 at about 6.75, = adjusted for=20 splits. Ten months later, he sold half of it with a profit of around = 120%. Three=20 months after that, he sold another quarter of the position for a 366%=20 profit.

Personal Rule

"I have a personal rule that I must sell at least half a position = upon the=20 first sign of (stock price) weakness whenever I'm up over 100%," Worley = said.=20 "Given the opportunity, I want to take my investing capital off the = table and=20 play with someone else's money."

But Worley first uses the 20% gain rule to force himself to = re-examine why=20 he's in a stock.

When a stock is up 20%, "it's a reason to carefully examine the chart = and be=20 able to articulate why I was not selling it," he said.=20

------=_NextPart_001_00C0_01C19A07.A3D0C020-- ------=_NextPart_000_00BF_01C19A07.A3D0C020 Content-Type: image/gif; name="chart.gif" Content-Transfer-Encoding: base64 Content-Location: http://www.investors.com/images/editimg/chart.gif R0lGODlhDwAPAJEAAP8A/wAA/////wAAACwAAAAADwAPAAACLoyPGcLtbR6EUYp1z1sG3Lx9AMBh EMl44Nc1alWqTtQtMiVaTK1Tt17p7RREQwEAOw== ------=_NextPart_000_00BF_01C19A07.A3D0C020-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "DiFabio, Nancy" Subject: RE: [CANSLIM] tom worley-the smart investor Date: 10 Jan 2002 17:01:17 -0800 This message is in MIME format. Since your mail reader does not understand this format, some or all of this message may not be legible. ------_=_NextPart_001_01C19A3B.79C73190 Content-Type: text/plain; charset=iso-8859-1 Content-Transfer-Encoding: 7bit Tom, YOU ROCK -----Original Message----- Sent: Wednesday, January 09, 2002 5:53 PM tom, congratulations for being the IBD smart investor. you certainly deserve it!!! i also got in yesterday's low of TASR. unfortunately-i made a stupid mistake and got out way to early. TASR could be a real keeper. also got out of DFIX today-a stock i have mixed feelings about. "WorldSecure " made the following annotations on 01/10/02 16:59:52 PLEASE NOTE: This message, including any attachments, may include privileged, confidential and/or inside information. Any distribution or use of this communication by anyone other than the intended recipient(s) is strictly prohibited and may be unlawful. If you are not the intended recipient, please notify the sender by replying to this message and then delete it from your system. Thank you. ============================================================================== ------_=_NextPart_001_01C19A3B.79C73190 Content-Type: text/html; charset=iso-8859-1 Content-Transfer-Encoding: 7bit
Tom,
 
YOU ROCK
-----Original Message-----
From: david frank [mailto:camelot.homes@charter.net]
Sent: Wednesday, January 09, 2002 5:53 PM
To: canslim@lists.xmission.com
Subject: [CANSLIM] tom worley-the smart investor

tom, congratulations for being the IBD smart investor. you certainly deserve it!!! i also got in yesterday's low of TASR. unfortunately-i made a stupid mistake and got out way to early. TASR could be a real keeper. also got out of DFIX today-a stock i have mixed feelings about.

"WorldSecure <irell.com>" made the following
annotations on 01/10/02 16:59:52
PLEASE NOTE: This message, including any attachments, may include privileged, confidential and/or inside information. Any distribution or use of this communication by anyone other than the intended recipient(s) is strictly prohibited and may be unlawful. If you are not the intended recipient, please notify the sender by replying to this message and then delete it from your system. Thank you.


==============================================================================

------_=_NextPart_001_01C19A3B.79C73190-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "david frank" Subject: [CANSLIM] tom worley-the smart investor Date: 10 Jan 2002 19:17:13 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_017B_01C19A0B.68791CD0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Tom, congratulations for being the IBD smart investor!!! and Katherine = you should be there too!!! david ------=_NextPart_000_017B_01C19A0B.68791CD0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Tom, congratulations for being the IBD = smart=20 investor!!! and Katherine you should be there too!!!=20 david
------=_NextPart_000_017B_01C19A0B.68791CD0-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Surindra" Subject: RE: [CANSLIM] ASIA? Date: 10 Jan 2002 21:38:20 -0500 You probably bought the shares I sold (made about 10% profit), I had set stop loss on this, so got out. I bought TRAC, does not qualify to be canslim candidate yet. Comments/criticism welcome. Regards Surindra -----Original Message----- [mailto:owner-canslim@lists.xmission.com] On Behalf Of Dave Sent: Thursday, January 10, 2002 7:53 PM I bought some today. I really like the chart, and the pullback came on lower (but still good) volume, and it didn't undercut the breakout level. It's not what you want to see after a breakout, but the Nasdaq was kind of weak today and if it's just a healthy pause, then ASIA may well resume its breakout. Also bought SAH yesterday, which did pretty well today. > -----Original Message----- > From: owner-canslim@lists.xmission.com > [mailto:owner-canslim@lists.xmission.com]On Behalf Of Erik Harris > Sent: Thursday, January 10, 2002 4:59 PM > To: canslim@lists.xmission.com > Subject: [CANSLIM] ASIA? > > > Hi, > > Just curious on comment about ASIA. Last few days it looked to be > breaking out of a nice chart formation. Alas, it seems to be breaking > down or allowing for another re-entry point. Any thoughts? > > Is this stock considered Canslim "worthy" even though it has seen > higher days (ie. not breaking to new highs)? > > Thanks, > Erik > PS. Forgive me if this has been the topic of recent discussion. I just > moved and missed the last week of my Canslim Group emails. > > ----- Original Message ----- > From: "Mike Hofmann" > To: > Sent: Thursday, January 10, 2002 1:08 PM > Subject: Re: AW: [CANSLIM] DFXI > > > > ... and still more than you really wanted to know about "kudos": > > > > From a really cool site called "Take Our Word For It" > > (http://www.takeourword.com/): > > > > "Kudos is simply Greek for "praise". It is thought to have entered > English > > as university slang. By 1799 we have a back-formed verb kudize "to > praise", > > so kudos itself was probably in use prior to that, though the > first known > > recorded use of kudos comes from 1831. Thereafter we find it > used by the > > likes of Disraeli and Darwin. Darwin wrote, in one of his > letters: "Lyell > > has read about half of the volume in clean sheets, and gives > me very great > > kudos." > > > > Pronunciation in Britain is "cue-doss" while in America it is > "koo-doze". > > As with many Greek words, -os indicates a singular noun. Many > > people > assume > > kudos is the plural form, with the singular being a kudo. They are > wrong. > > Just wrong. > > > > There was once a computer operating system called QDOS. Was > it named by a > > Brit, so that it sounded like kudos, or is that simply a > > coincidence?" > > > > ... and there you have it. > > > > > > ----- Original Message ----- > > From: "Warren Keuffel" > > To: > > Sent: Wednesday, January 09, 2002 8:23 PM > > Subject: Re: AW: [CANSLIM] DFXI > > > > > > > Jumping in here for Mike -- "Kudos" basically means > "Congratulations". > > > However I was curious about the etymology of the word so > > > consulted my American Heritage dictionary which defines it > as "Acclaim > > > or prestige as a result of achievement or position." But no > guidance on > > > etymology, darn it. More than you wanted to know, right? > > > > > > Warren > > > > > > Andreas Himmelreich wrote: > > > > > > >Sorry to ask Mike, what means Kudos? > > > > > > > > > > > >>-----Ursprungliche Nachricht----- > > > >>Von: Mike Gibbons [SMTP:webmaster@cwhcharts.com] Gesendet am: > > > >>Wednesday, January 09, 2002 7:08 PM > > > >>An: canslim@lists.xmission.com > > > >>Betreff: RE: [CANSLIM] DFXI > > > >> > > > >>Kudos to you, you should be feeling pleased this morning > and justly > so. > > > >> > > > >>Aloha, > > > >> > > > >>Mike Gibbons > > > >> > > > >> > > > >> > > > >>-----Original Message----- > > > >>From: owner-canslim@lists.xmission.com > > > >>[mailto:owner-canslim@lists.xmission.com]On Behalf Of Dave > > > >>Sent: Wednesday, January 09, 2002 5:29 AM > > > >>To: canslim@lists.xmission.com > > > >>Subject: RE: [CANSLIM] DFXI > > > >> > > > >> > > > >>True, the handle was a bit sloppy but for the most part > volume in the > > > >>handle was below normal. It also made a pretty nice ascending > triangle. > > > >> > > > >>As for the action at the end of the day, I think you're > reading too > much > > > >>into it. The stock made a tremendous surge on volume in > the last half > > hour > > > >>of trading. It then pulled back on lower volume but > didn't undercut > that > > > >>"intraday breakout point". It then found some new buyers > at the very > end > > > >>of the session. > > > >> > > > >>You can find flaws in any chart formation. I've missed many huge > winners > > > >>by refusing to buy what I perceived as a flawed handle, > or by putting > > too > > > >>much weight on intraday analysis. Even IBD will go on to > call "perfect > > > >>cup-handle breakouts" on stocks that have somewhat questionable > > > >>formations. I won't be surprised to see DFXI mentioned > tomorrow as a > > good > > > >>example. > > > >> > > > >>Of course hindsight is 20/20. Nevertheless I'm glad I > bought yesterday > > :) > > > >> > > > >> > > > >>>>Yes it did but fell back below it's high of the day. Also, > > > >>>> > > > >>>action in the > > > >>> > > > >>>>handle has been sloppy - one normally hopes to see price > > > >>>> > > > >>>pullback on falling > > > >>> > > > >>>>volume but in fact it's made a couple of attempts to BO on > > > >>>> > > > >>>above average > > > >>> > > > >>>>volume since forming the pivot on 12/10. I wouldn't > rush in with an > > > >>>>overnight order! > > > >>>> > > > >>>>Mike Gibbons > > > >>>> > > > >> > > > >>- > > > >>-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. > > > > > > > > > > > > > > > > > > > > > > > > - > > > -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!? > Get your free @yahoo.com address at http://mail.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!? Get your free @yahoo.com address at http://mail.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. ------------------------------------------------------------------------------- From: esetser Subject: Re: [CANSLIM] PENN Date: 10 Jan 2002 20:19:33 -0800 Here's my take (a good exercise, since I own it!) Cup started on 7/3/01 with a high of 27.98, hit a bottom just after 9/11 (like most of the market). At that point, it started the right side of the cup, and worked up to a new high. I see a short 4 day handle around the Thanksgiving, and then a breakout on 11/27. From there, it formed a new handle, pivot 26.89 for 6 days, and broke out strongly on 12/7 with much higher volume than the breakout from the previous shorter handle. I purchased the next day, but the stock pulled back for 2 days, testing any CANSLIMers mettle, but then recovered back above the pivot, moved up, had another 2 day test, and then moved on up to a new 52 week high. The action since then has been a consolidation of the previous moves up, more than 20% in 3 or 4 weeks. During this time, it had tested the B/O over the 52 week, but has moved higher after each of those tests so far. Over the last 7 of 8 trading days, it has once again formed a handle, in this case a "high handle" slightly above the 52 week high. The high of the handle is 30.70, and I would think a strong move above it on good volume would offer another potential buying opp for a CANSLIMer. Others agree? At 06:24 AM 1/10/02 -0600, you wrote: >How do you evaluate a chart like PENN. I first entered this stock on 11/27 >when it appeared to be breaking out of a very short handle. I was stopped >out in about a week on 12/5. Now it appears to be forming another handle. >Do you still treat this type of formation as a c/h even though there appears >to be several small failed handles on the right side of the base? > >Thanks in advance for your input. > > >- >-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. ------------------------------------------------------------------------------- From: esetser Subject: Re: [CANSLIM] ASIA? Date: 10 Jan 2002 20:25:29 -0800 I read this one differently. I see ASIA as a stock with a breakout to a new on 12/6. (And as a matter of fact, I bot it that day.) That breakout became suspect as the stock corrected and closed near its low during the day, and went on to be a failed breakout for anyone buying in during the day. The action since then is short of the 5 weeks minimum to define a new base, and is confusing in light of the new high it set.. I'm not sure where I would put a pivot on this one. The volume was fabulous for 2 days, but has remained almost as high for the last 2 day pullback, so I would be very cautious. At 04:58 PM 1/10/02 -0500, you wrote: >Hi, > >Just curious on comment about ASIA. Last few days it looked to be breaking >out of a nice chart formation. Alas, it seems to be breaking down or >allowing for another re-entry point. Any thoughts? > >Is this stock considered Canslim "worthy" even though it has seen higher >days (ie. not breaking to new highs)? > >Thanks, >Erik >PS. Forgive me if this has been the topic of recent discussion. I just moved >and missed the last week of my Canslim Group emails. > >----- Original Message ----- >From: "Mike Hofmann" >To: >Sent: Thursday, January 10, 2002 1:08 PM >Subject: Re: AW: [CANSLIM] DFXI > > >> ... and still more than you really wanted to know about "kudos": >> >> From a really cool site called "Take Our Word For It" >> (http://www.takeourword.com/): >> >> "Kudos is simply Greek for "praise". It is thought to have entered >English >> as university slang. By 1799 we have a back-formed verb kudize "to >praise", >> so kudos itself was probably in use prior to that, though the first known >> recorded use of kudos comes from 1831. Thereafter we find it used by the >> likes of Disraeli and Darwin. Darwin wrote, in one of his letters: "Lyell >> has read about half of the volume in clean sheets, and gives me very great >> kudos." >> >> Pronunciation in Britain is "cue-doss" while in America it is "koo-doze". >> As with many Greek words, -os indicates a singular noun. Many people >assume >> kudos is the plural form, with the singular being a kudo. They are >wrong. >> Just wrong. >> >> There was once a computer operating system called QDOS. Was it named by a >> Brit, so that it sounded like kudos, or is that simply a coincidence?" >> >> ... and there you have it. >> >> >> ----- Original Message ----- >> From: "Warren Keuffel" >> To: >> Sent: Wednesday, January 09, 2002 8:23 PM >> Subject: Re: AW: [CANSLIM] DFXI >> >> >> > Jumping in here for Mike -- "Kudos" basically means "Congratulations". >> > However I was curious about the etymology of the word so >> > consulted my American Heritage dictionary which defines it as "Acclaim >> > or prestige as a result of achievement or position." But no guidance on >> > etymology, darn it. More than you wanted to know, right? >> > >> > Warren >> > >> > Andreas Himmelreich wrote: >> > >> > >Sorry to ask Mike, what means Kudos? >> > > >> > > >> > >>-----Ursprungliche Nachricht----- >> > >>Von: Mike Gibbons [SMTP:webmaster@cwhcharts.com] >> > >>Gesendet am: Wednesday, January 09, 2002 7:08 PM >> > >>An: canslim@lists.xmission.com >> > >>Betreff: RE: [CANSLIM] DFXI >> > >> >> > >>Kudos to you, you should be feeling pleased this morning and justly >so. >> > >> >> > >>Aloha, >> > >> >> > >>Mike Gibbons >> > >> >> > >> >> > >> >> > >>-----Original Message----- >> > >>From: owner-canslim@lists.xmission.com >> > >>[mailto:owner-canslim@lists.xmission.com]On Behalf Of Dave >> > >>Sent: Wednesday, January 09, 2002 5:29 AM >> > >>To: canslim@lists.xmission.com >> > >>Subject: RE: [CANSLIM] DFXI >> > >> >> > >> >> > >>True, the handle was a bit sloppy but for the most part volume in the >> > >>handle was below normal. It also made a pretty nice ascending >triangle. >> > >> >> > >>As for the action at the end of the day, I think you're reading too >much >> > >>into it. The stock made a tremendous surge on volume in the last half >> hour >> > >>of trading. It then pulled back on lower volume but didn't undercut >that >> > >>"intraday breakout point". It then found some new buyers at the very >end >> > >>of the session. >> > >> >> > >>You can find flaws in any chart formation. I've missed many huge >winners >> > >>by refusing to buy what I perceived as a flawed handle, or by putting >> too >> > >>much weight on intraday analysis. Even IBD will go on to call "perfect >> > >>cup-handle breakouts" on stocks that have somewhat questionable >> > >>formations. I won't be surprised to see DFXI mentioned tomorrow as a >> good >> > >>example. >> > >> >> > >>Of course hindsight is 20/20. Nevertheless I'm glad I bought yesterday >> :) >> > >> >> > >> >> > >>>>Yes it did but fell back below it's high of the day. Also, >> > >>>> >> > >>>action in the >> > >>> >> > >>>>handle has been sloppy - one normally hopes to see price >> > >>>> >> > >>>pullback on falling >> > >>> >> > >>>>volume but in fact it's made a couple of attempts to BO on >> > >>>> >> > >>>above average >> > >>> >> > >>>>volume since forming the pivot on 12/10. I wouldn't rush in with an >> > >>>>overnight order! >> > >>>> >> > >>>>Mike Gibbons >> > >>>> >> > >> >> > >>- >> > >>-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. >> > > >> > > >> > > >> > >> > >> > >> > - >> > -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!? >Get your free @yahoo.com address at http://mail.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. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] PENN Date: 10 Jan 2002 22:44:52 -0500 What strikes me a one of the best positive indicators is that the volume during the past week+ gentle decline is all on well below average volume. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message ----- Sent: Thursday, January 10, 2002 11:19 PM > Here's my take (a good exercise, since I own it!) > > Cup started on 7/3/01 with a high of 27.98, hit a bottom just after 9/11 > (like most of the market). At that point, it started the right side of the > cup, and worked up to a new high. I see a short 4 day handle around the > Thanksgiving, and then a breakout on 11/27. From there, it formed a new > handle, pivot 26.89 for 6 days, and broke out strongly on 12/7 with much > higher volume than the breakout from the previous shorter handle. I > purchased the next day, but the stock pulled back for 2 days, testing any > CANSLIMers mettle, but then recovered back above the pivot, moved up, had > another 2 day test, and then moved on up to a new 52 week high. The action > since then has been a consolidation of the previous moves up, more than 20% > in 3 or 4 weeks. During this time, it had tested the B/O over the 52 week, > but has moved higher after each of those tests so far. > > Over the last 7 of 8 trading days, it has once again formed a handle, in > this case a "high handle" slightly above the 52 week high. The high of the > handle is 30.70, and I would think a strong move above it on good volume > would offer another potential buying opp for a CANSLIMer. Others agree? > > > At 06:24 AM 1/10/02 -0600, you wrote: > >How do you evaluate a chart like PENN. I first entered this stock on 11/27 > >when it appeared to be breaking out of a very short handle. I was stopped > >out in about a week on 12/5. Now it appears to be forming another handle. > >Do you still treat this type of formation as a c/h even though there appears > >to be several small failed handles on the right side of the base? > > > >Thanks in advance for your input. > > > > > >- > >-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. ------------------------------------------------------------------------------- From: "Dave" Subject: RE: [CANSLIM] ASIA? Date: 10 Jan 2002 22:44:00 -0500 I'm biased, but I prefer to see it as a high handle beginning on 12/6. The volume that day was not so great, and there was no true handle, so I don't consider it a true breakout. The handle beginning after that failure is nice and long and volume dried up nicely towards the end. The volume on 1/6-1/7 was very high. Only time will tell the true story... > -----Original Message----- > From: owner-canslim@lists.xmission.com > [mailto:owner-canslim@lists.xmission.com]On Behalf Of esetser > Sent: Thursday, January 10, 2002 11:25 PM > To: canslim@lists.xmission.com > Subject: Re: [CANSLIM] ASIA? > > > I read this one differently. I see ASIA as a stock with a breakout to a > new on 12/6. (And as a matter of fact, I bot it that day.) > That breakout > became suspect as the stock corrected and closed near its low during the > day, and went on to be a failed breakout for anyone buying in during the > day. The action since then is short of the 5 weeks minimum to > define a new > base, and is confusing in light of the new high it set.. I'm > not sure where > I would put a pivot on this one. The volume was fabulous for 2 > days, but > has remained almost as high for the last 2 day pullback, so I > would be very > cautious. > > At 04:58 PM 1/10/02 -0500, you wrote: > >Hi, > > > >Just curious on comment about ASIA. Last few days it looked > to be breaking > >out of a nice chart formation. Alas, it seems to be breaking down or > >allowing for another re-entry point. Any thoughts? > > > >Is this stock considered Canslim "worthy" even though it has > seen higher > >days (ie. not breaking to new highs)? > > > >Thanks, > >Erik > >PS. Forgive me if this has been the topic of recent > discussion. I just moved > >and missed the last week of my Canslim Group emails. > > > >----- Original Message ----- > >From: "Mike Hofmann" > >To: > >Sent: Thursday, January 10, 2002 1:08 PM > >Subject: Re: AW: [CANSLIM] DFXI > > > > > >> ... and still more than you really wanted to know about "kudos": > >> > >> From a really cool site called "Take Our Word For It" > >> (http://www.takeourword.com/): > >> > >> "Kudos is simply Greek for "praise". It is thought to have entered > >English > >> as university slang. By 1799 we have a back-formed verb kudize "to > >praise", > >> so kudos itself was probably in use prior to that, though > the first known > >> recorded use of kudos comes from 1831. Thereafter we find > it used by the > >> likes of Disraeli and Darwin. Darwin wrote, in one of his > letters: "Lyell > >> has read about half of the volume in clean sheets, and gives > me very great > >> kudos." > >> > >> Pronunciation in Britain is "cue-doss" while in America it > is "koo-doze". > >> As with many Greek words, -os indicates a singular noun. Many people > >assume > >> kudos is the plural form, with the singular being a kudo. They are > >wrong. > >> Just wrong. > >> > >> There was once a computer operating system called QDOS. Was > it named by a > >> Brit, so that it sounded like kudos, or is that simply a > coincidence?" > >> > >> ... and there you have it. > >> > >> > >> ----- Original Message ----- > >> From: "Warren Keuffel" > >> To: > >> Sent: Wednesday, January 09, 2002 8:23 PM > >> Subject: Re: AW: [CANSLIM] DFXI > >> > >> > >> > Jumping in here for Mike -- "Kudos" basically means > "Congratulations". > >> > However I was curious about the etymology of the word so > >> > consulted my American Heritage dictionary which defines it > as "Acclaim > >> > or prestige as a result of achievement or position." But > no guidance on > >> > etymology, darn it. More than you wanted to know, right? > >> > > >> > Warren > >> > > >> > Andreas Himmelreich wrote: > >> > > >> > >Sorry to ask Mike, what means Kudos? > >> > > > >> > > > >> > >>-----Ursprungliche Nachricht----- > >> > >>Von: Mike Gibbons [SMTP:webmaster@cwhcharts.com] > >> > >>Gesendet am: Wednesday, January 09, 2002 7:08 PM > >> > >>An: canslim@lists.xmission.com > >> > >>Betreff: RE: [CANSLIM] DFXI > >> > >> > >> > >>Kudos to you, you should be feeling pleased this morning > and justly > >so. > >> > >> > >> > >>Aloha, > >> > >> > >> > >>Mike Gibbons > >> > >> > >> > >> > >> > >> > >> > >>-----Original Message----- > >> > >>From: owner-canslim@lists.xmission.com > >> > >>[mailto:owner-canslim@lists.xmission.com]On Behalf Of Dave > >> > >>Sent: Wednesday, January 09, 2002 5:29 AM > >> > >>To: canslim@lists.xmission.com > >> > >>Subject: RE: [CANSLIM] DFXI > >> > >> > >> > >> > >> > >>True, the handle was a bit sloppy but for the most part > volume in the > >> > >>handle was below normal. It also made a pretty nice ascending > >triangle. > >> > >> > >> > >>As for the action at the end of the day, I think you're > reading too > >much > >> > >>into it. The stock made a tremendous surge on volume in > the last half > >> hour > >> > >>of trading. It then pulled back on lower volume but > didn't undercut > >that > >> > >>"intraday breakout point". It then found some new buyers > at the very > >end > >> > >>of the session. > >> > >> > >> > >>You can find flaws in any chart formation. I've missed many huge > >winners > >> > >>by refusing to buy what I perceived as a flawed handle, > or by putting > >> too > >> > >>much weight on intraday analysis. Even IBD will go on to > call "perfect > >> > >>cup-handle breakouts" on stocks that have somewhat questionable > >> > >>formations. I won't be surprised to see DFXI mentioned > tomorrow as a > >> good > >> > >>example. > >> > >> > >> > >>Of course hindsight is 20/20. Nevertheless I'm glad I > bought yesterday > >> :) > >> > >> > >> > >> > >> > >>>>Yes it did but fell back below it's high of the day. Also, > >> > >>>> > >> > >>>action in the > >> > >>> > >> > >>>>handle has been sloppy - one normally hopes to see price > >> > >>>> > >> > >>>pullback on falling > >> > >>> > >> > >>>>volume but in fact it's made a couple of attempts to BO on > >> > >>>> > >> > >>>above average > >> > >>> > >> > >>>>volume since forming the pivot on 12/10. I wouldn't > rush in with an > >> > >>>>overnight order! > >> > >>>> > >> > >>>>Mike Gibbons > >> > >>>> > >> > >> > >> > >>- > >> > >>-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. > >> > > > >> > > > >> > > > >> > > >> > > >> > > >> > - > >> > -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!? > >Get your free @yahoo.com address at http://mail.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. ------------------------------------------------------------------------------- From: "Dan Forant" Subject: [CANSLIM] Congrats Tom Date: 10 Jan 2002 22:49:40 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_006D_01C19A29.16CDB080 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Nice going, hard work pays off. DanF ------=_NextPart_000_006D_01C19A29.16CDB080 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Nice going, hard work pays = off.
 
DanF
------=_NextPart_000_006D_01C19A29.16CDB080-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: esetser Subject: RE: [CANSLIM] ASIA? Date: 10 Jan 2002 20:51:19 -0800 So you only consider cup with handles as true breakouts? I buy cups, cup with handles, double bottoms, and flat bases, maybe others. At 10:44 PM 1/10/02 -0500, you wrote: >I'm biased, but I prefer to see it as a high handle beginning on 12/6. The >volume that day was not so great, and there was no true handle, so I don't >consider it a true breakout. > >The handle beginning after that failure is nice and long and volume dried >up nicely towards the end. The volume on 1/6-1/7 was very high. > >Only time will tell the true story... > >> -----Original Message----- >> From: owner-canslim@lists.xmission.com >> [mailto:owner-canslim@lists.xmission.com]On Behalf Of esetser >> Sent: Thursday, January 10, 2002 11:25 PM >> To: canslim@lists.xmission.com >> Subject: Re: [CANSLIM] ASIA? >> >> >> I read this one differently. I see ASIA as a stock with a breakout to a >> new on 12/6. (And as a matter of fact, I bot it that day.) >> That breakout >> became suspect as the stock corrected and closed near its low during the >> day, and went on to be a failed breakout for anyone buying in during the >> day. The action since then is short of the 5 weeks minimum to >> define a new >> base, and is confusing in light of the new high it set.. I'm >> not sure where >> I would put a pivot on this one. The volume was fabulous for 2 >> days, but >> has remained almost as high for the last 2 day pullback, so I >> would be very >> cautious. >> >> At 04:58 PM 1/10/02 -0500, you wrote: >> >Hi, >> > >> >Just curious on comment about ASIA. Last few days it looked >> to be breaking >> >out of a nice chart formation. Alas, it seems to be breaking down or >> >allowing for another re-entry point. Any thoughts? >> > >> >Is this stock considered Canslim "worthy" even though it has >> seen higher >> >days (ie. not breaking to new highs)? >> > >> >Thanks, >> >Erik >> >PS. Forgive me if this has been the topic of recent >> discussion. I just moved >> >and missed the last week of my Canslim Group emails. >> > >> >----- Original Message ----- >> >From: "Mike Hofmann" >> >To: >> >Sent: Thursday, January 10, 2002 1:08 PM >> >Subject: Re: AW: [CANSLIM] DFXI >> > >> > >> >> ... and still more than you really wanted to know about "kudos": >> >> >> >> From a really cool site called "Take Our Word For It" >> >> (http://www.takeourword.com/): >> >> >> >> "Kudos is simply Greek for "praise". It is thought to have entered >> >English >> >> as university slang. By 1799 we have a back-formed verb kudize "to >> >praise", >> >> so kudos itself was probably in use prior to that, though >> the first known >> >> recorded use of kudos comes from 1831. Thereafter we find >> it used by the >> >> likes of Disraeli and Darwin. Darwin wrote, in one of his >> letters: "Lyell >> >> has read about half of the volume in clean sheets, and gives >> me very great >> >> kudos." >> >> >> >> Pronunciation in Britain is "cue-doss" while in America it >> is "koo-doze". >> >> As with many Greek words, -os indicates a singular noun. Many people >> >assume >> >> kudos is the plural form, with the singular being a kudo. They are >> >wrong. >> >> Just wrong. >> >> >> >> There was once a computer operating system called QDOS. Was >> it named by a >> >> Brit, so that it sounded like kudos, or is that simply a >> coincidence?" >> >> >> >> ... and there you have it. >> >> >> >> >> >> ----- Original Message ----- >> >> From: "Warren Keuffel" >> >> To: >> >> Sent: Wednesday, January 09, 2002 8:23 PM >> >> Subject: Re: AW: [CANSLIM] DFXI >> >> >> >> >> >> > Jumping in here for Mike -- "Kudos" basically means >> "Congratulations". >> >> > However I was curious about the etymology of the word so >> >> > consulted my American Heritage dictionary which defines it >> as "Acclaim >> >> > or prestige as a result of achievement or position." But >> no guidance on >> >> > etymology, darn it. More than you wanted to know, right? >> >> > >> >> > Warren >> >> > >> >> > Andreas Himmelreich wrote: >> >> > >> >> > >Sorry to ask Mike, what means Kudos? >> >> > > >> >> > > >> >> > >>-----Ursprungliche Nachricht----- >> >> > >>Von: Mike Gibbons [SMTP:webmaster@cwhcharts.com] >> >> > >>Gesendet am: Wednesday, January 09, 2002 7:08 PM >> >> > >>An: canslim@lists.xmission.com >> >> > >>Betreff: RE: [CANSLIM] DFXI >> >> > >> >> >> > >>Kudos to you, you should be feeling pleased this morning >> and justly >> >so. >> >> > >> >> >> > >>Aloha, >> >> > >> >> >> > >>Mike Gibbons >> >> > >> >> >> > >> >> >> > >> >> >> > >>-----Original Message----- >> >> > >>From: owner-canslim@lists.xmission.com >> >> > >>[mailto:owner-canslim@lists.xmission.com]On Behalf Of Dave >> >> > >>Sent: Wednesday, January 09, 2002 5:29 AM >> >> > >>To: canslim@lists.xmission.com >> >> > >>Subject: RE: [CANSLIM] DFXI >> >> > >> >> >> > >> >> >> > >>True, the handle was a bit sloppy but for the most part >> volume in the >> >> > >>handle was below normal. It also made a pretty nice ascending >> >triangle. >> >> > >> >> >> > >>As for the action at the end of the day, I think you're >> reading too >> >much >> >> > >>into it. The stock made a tremendous surge on volume in >> the last half >> >> hour >> >> > >>of trading. It then pulled back on lower volume but >> didn't undercut >> >that >> >> > >>"intraday breakout point". It then found some new buyers >> at the very >> >end >> >> > >>of the session. >> >> > >> >> >> > >>You can find flaws in any chart formation. I've missed many huge >> >winners >> >> > >>by refusing to buy what I perceived as a flawed handle, >> or by putting >> >> too >> >> > >>much weight on intraday analysis. Even IBD will go on to >> call "perfect >> >> > >>cup-handle breakouts" on stocks that have somewhat questionable >> >> > >>formations. I won't be surprised to see DFXI mentioned >> tomorrow as a >> >> good >> >> > >>example. >> >> > >> >> >> > >>Of course hindsight is 20/20. Nevertheless I'm glad I >> bought yesterday >> >> :) >> >> > >> >> >> > >> >> >> > >>>>Yes it did but fell back below it's high of the day. Also, >> >> > >>>> >> >> > >>>action in the >> >> > >>> >> >> > >>>>handle has been sloppy - one normally hopes to see price >> >> > >>>> >> >> > >>>pullback on falling >> >> > >>> >> >> > >>>>volume but in fact it's made a couple of attempts to BO on >> >> > >>>> >> >> > >>>above average >> >> > >>> >> >> > >>>>volume since forming the pivot on 12/10. I wouldn't >> rush in with an >> >> > >>>>overnight order! >> >> > >>>> >> >> > >>>>Mike Gibbons >> >> > >>>> >> >> > >> >> >> > >>- >> >> > >>-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. >> >> > > >> >> > > >> >> > > >> >> > >> >> > >> >> > >> >> > - >> >> > -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!? >> >Get your free @yahoo.com address at http://mail.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. > > - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] ASIA? Date: 10 Jan 2002 22:02:40 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_002C_01C19A22.85F6E3C0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable I'd say it didn't pause quite long enough 11/27-12/3 before the faulty = B/O 12/4. All the action since is because of the short pause and lack of = "true" handle/shake-out at about $17. Action 12/6-1/7 has too much = volume to be a high handle, too short to be a new base. High volume = reversal 1/9 and tails down the last 2 days say failure. I'll guess it = comes back down to kiss 17 for a while, builds a sturdier base, then = breaks out for real. Katherine ----- Original Message -----=20 From: esetser=20 To: canslim@lists.xmission.com=20 Sent: Thursday, January 10, 2002 10:51 PM Subject: RE: [CANSLIM] ASIA? So you only consider cup with handles as true breakouts? I buy cups, = cup with handles, double bottoms, and flat bases, maybe others. At 10:44 PM 1/10/02 -0500, you wrote: >I'm biased, but I prefer to see it as a high handle beginning on = 12/6. The >volume that day was not so great, and there was no true handle, so I = don't >consider it a true breakout. > >The handle beginning after that failure is nice and long and volume = dried >up nicely towards the end. The volume on 1/6-1/7 was very high. > >Only time will tell the true story... > >> -----Original Message----- >> From: owner-canslim@lists.xmission.com >> [mailto:owner-canslim@lists.xmission.com]On Behalf Of esetser >> Sent: Thursday, January 10, 2002 11:25 PM >> To: canslim@lists.xmission.com >> Subject: Re: [CANSLIM] ASIA? >> >> >> I read this one differently. I see ASIA as a stock with a breakout = to a >> new on 12/6. (And as a matter of fact, I bot it that day.) >> That breakout >> became suspect as the stock corrected and closed near its low = during the >> day, and went on to be a failed breakout for anyone buying in = during the >> day. The action since then is short of the 5 weeks minimum to >> define a new >> base, and is confusing in light of the new high it set.. I'm >> not sure where >> I would put a pivot on this one. The volume was fabulous for 2 >> days, but >> has remained almost as high for the last 2 day pullback, so I >> would be very >> cautious. >> >> At 04:58 PM 1/10/02 -0500, you wrote: >> >Hi, >> > >> >Just curious on comment about ASIA. Last few days it looked >> to be breaking >> >out of a nice chart formation. Alas, it seems to be breaking down = or >> >allowing for another re-entry point. Any thoughts? >> > >> >Is this stock considered Canslim "worthy" even though it has >> seen higher >> >days (ie. not breaking to new highs)? >> > >> >Thanks, >> >Erik >> >PS. Forgive me if this has been the topic of recent >> discussion. I just moved >> >and missed the last week of my Canslim Group emails. >> > >> >----- Original Message ----- >> >From: "Mike Hofmann" >> >To: >> >Sent: Thursday, January 10, 2002 1:08 PM >> >Subject: Re: AW: [CANSLIM] DFXI >> > >> > >> >> ... and still more than you really wanted to know about "kudos": >> >> >> >> From a really cool site called "Take Our Word For It" >> >> (http://www.takeourword.com/): >> >> >> >> "Kudos is simply Greek for "praise". It is thought to have = entered >> >English >> >> as university slang. By 1799 we have a back-formed verb kudize = "to >> >praise", >> >> so kudos itself was probably in use prior to that, though >> the first known >> >> recorded use of kudos comes from 1831. Thereafter we find >> it used by the >> >> likes of Disraeli and Darwin. Darwin wrote, in one of his >> letters: "Lyell >> >> has read about half of the volume in clean sheets, and gives >> me very great >> >> kudos." >> >> >> >> Pronunciation in Britain is "cue-doss" while in America it >> is "koo-doze". >> >> As with many Greek words, -os indicates a singular noun. Many = people >> >assume >> >> kudos is the plural form, with the singular being a kudo. They = are >> >wrong. >> >> Just wrong. >> >> >> >> There was once a computer operating system called QDOS. Was >> it named by a >> >> Brit, so that it sounded like kudos, or is that simply a >> coincidence?" >> >> >> >> ... and there you have it. >> >> >> >> >> >> ----- Original Message ----- >> >> From: "Warren Keuffel" >> >> To: >> >> Sent: Wednesday, January 09, 2002 8:23 PM >> >> Subject: Re: AW: [CANSLIM] DFXI >> >> >> >> >> >> > Jumping in here for Mike -- "Kudos" basically means >> "Congratulations". >> >> > However I was curious about the etymology of the word = so >> >> > consulted my American Heritage dictionary which defines it >> as "Acclaim >> >> > or prestige as a result of achievement or position." But >> no guidance on >> >> > etymology, darn it. More than you wanted to know, right? >> >> > >> >> > Warren >> >> > >> >> > Andreas Himmelreich wrote: >> >> > >> >> > >Sorry to ask Mike, what means Kudos? >> >> > > >> >> > > >> >> > >>-----Ursprungliche Nachricht----- >> >> > >>Von: Mike Gibbons [SMTP:webmaster@cwhcharts.com] >> >> > >>Gesendet am: Wednesday, January 09, 2002 7:08 PM >> >> > >>An: canslim@lists.xmission.com >> >> > >>Betreff: RE: [CANSLIM] DFXI >> >> > >> >> >> > >>Kudos to you, you should be feeling pleased this morning >> and justly >> >so. >> >> > >> >> >> > >>Aloha, >> >> > >> >> >> > >>Mike Gibbons >> >> > >> >> >> > >> >> >> > >> >> >> > >>-----Original Message----- >> >> > >>From: owner-canslim@lists.xmission.com >> >> > >>[mailto:owner-canslim@lists.xmission.com]On Behalf Of Dave >> >> > >>Sent: Wednesday, January 09, 2002 5:29 AM >> >> > >>To: canslim@lists.xmission.com >> >> > >>Subject: RE: [CANSLIM] DFXI >> >> > >> >> >> > >> >> >> > >>True, the handle was a bit sloppy but for the most part >> volume in the >> >> > >>handle was below normal. It also made a pretty nice = ascending >> >triangle. >> >> > >> >> >> > >>As for the action at the end of the day, I think you're >> reading too >> >much >> >> > >>into it. The stock made a tremendous surge on volume in >> the last half >> >> hour >> >> > >>of trading. It then pulled back on lower volume but >> didn't undercut >> >that >> >> > >>"intraday breakout point". It then found some new buyers >> at the very >> >end >> >> > >>of the session. >> >> > >> >> >> > >>You can find flaws in any chart formation. I've missed many = huge >> >winners >> >> > >>by refusing to buy what I perceived as a flawed handle, >> or by putting >> >> too >> >> > >>much weight on intraday analysis. Even IBD will go on to >> call "perfect >> >> > >>cup-handle breakouts" on stocks that have somewhat = questionable >> >> > >>formations. I won't be surprised to see DFXI mentioned >> tomorrow as a >> >> good >> >> > >>example. >> >> > >> >> >> > >>Of course hindsight is 20/20. Nevertheless I'm glad I >> bought yesterday >> >> :) >> >> > >> >> >> > >> >> >> > >>>>Yes it did but fell back below it's high of the day. Also, >> >> > >>>> >> >> > >>>action in the >> >> > >>> >> >> > >>>>handle has been sloppy - one normally hopes to see price >> >> > >>>> >> >> > >>>pullback on falling >> >> > >>> >> >> > >>>>volume but in fact it's made a couple of attempts to BO on >> >> > >>>> >> >> > >>>above average >> >> > >>> >> >> > >>>>volume since forming the pivot on 12/10. I wouldn't >> rush in with an >> >> > >>>>overnight order! >> >> > >>>> >> >> > >>>>Mike Gibbons >> >> > >>>> >> >> > >> >> >> > >>- >> >> > >>-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. >> >> > > >> >> > > >> >> > > >> >> > >> >> > >> >> > >> >> > - >> >> > -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!? >> >Get your free @yahoo.com address at http://mail.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. > > - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------=_NextPart_000_002C_01C19A22.85F6E3C0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
I'd say it didn't pause quite long enough 11/27-12/3 before the = faulty B/O=20 12/4. All the action since is because of the short pause and lack of = "true"=20 handle/shake-out at about $17. Action 12/6-1/7 has too much volume to be = a high=20 handle, too short to be a new base. High volume reversal 1/9 and tails = down the=20 last 2 days say failure. I'll guess it comes back down to kiss 17 = for a=20 while, builds a sturdier base, then breaks out for real.
 
Katherine
----- Original Message -----
From:=20 esetser
Sent: Thursday, January 10, = 2002 10:51=20 PM
Subject: RE: [CANSLIM] = ASIA?

So you only consider cup with handles as true = breakouts? =20 I buy cups, cup
with handles, double bottoms, and flat bases, maybe = others.

At 10:44 PM 1/10/02 -0500, you wrote:
>I'm = biased, but I=20 prefer to see it as a high handle beginning on 12/6. The
>volume = that=20 day was not so great, and there was no true handle, so I = don't
>consider=20 it a true breakout.
>
>The handle beginning after that = failure is=20 nice and long and volume dried
>up nicely towards the end. The = volume on=20 1/6-1/7 was very high.
>
>Only time will tell the true=20 story...
>
>> -----Original Message-----
>> = = href=3D"mailto:owner-canslim@lists.xmission.com">owner-canslim@lists.xmis= sion.com
>>=20 [mailto:owner-canslim@lists.xmission.com]On Behalf Of = esetser
>>=20 Sent: Thursday, January 10, 2002 11:25 PM
>> To: canslim@lists.xmission.com=
>>=20 Subject: Re: [CANSLIM] ASIA?
>>
>>
>> I = read this=20 one differently.  I see ASIA as a stock with a breakout to = a
>>=20 new on 12/6.  (And as a matter of fact, I bot it that = day.)
>>=20 That breakout
>> became suspect as the stock corrected and = closed=20 near its low during the
>> day, and went on to be a failed = breakout=20 for anyone buying in during the
>> day.  The action = since then=20 is short of the 5 weeks minimum to
>> define a = new
>> base,=20 and is confusing in light of the new high it set.. I'm
>> not = sure=20 where
>> I would put a pivot on this one.  The volume = was=20 fabulous for 2
>> days, but
>> has remained almost = as high=20 for the last 2 day pullback, so I
>> would be = very
>>=20 cautious.
>>
>> At 04:58 PM 1/10/02 -0500, you=20 wrote:
>> >Hi,
>> >
>> >Just = curious on=20 comment about ASIA.  Last few days it looked
>> to be=20 breaking
>> >out of a nice chart formation.  Alas, it = seems=20 to be breaking down or
>> >allowing for another re-entry=20 point.  Any thoughts?
>> >
>> >Is this = stock=20 considered Canslim "worthy" even though it has
>> seen=20 higher
>> >days (ie. not breaking to new = highs)?
>>=20 >
>> >Thanks,
>> >Erik
>> >PS. = Forgive=20 me if this has been the topic of recent
>> discussion. I just = moved
>> >and missed the last week of my Canslim Group=20 emails.
>> >
>> >----- Original Message=20 -----
>> >From: "Mike Hofmann" <sfmcanslim@hotmail.com>
= >>=20 >To: <canslim@lists.xmission.com= >
>>=20 >Sent: Thursday, January 10, 2002 1:08 PM
>> >Subject: = Re: AW:=20 [CANSLIM] DFXI
>> >
>> >
>> >> = ... and=20 still more than you really wanted to know about "kudos":
>>=20 >>
>> >> From a really cool site called "Take Our = Word=20 For It"
>> >> (http://www.takeourword.com/):>>=20 >>
>> >> "Kudos is simply Greek for = "praise".  It is=20 thought to have entered
>> >English
>> >> = as=20 university slang.  By 1799 we have a back-formed verb kudize=20 "to
>> >praise",
>> >> so kudos itself was = probably=20 in use prior to that, though
>> the first known
>> = >>=20 recorded use of kudos comes from 1831.  Thereafter we = find
>> it=20 used by the
>> >> likes of Disraeli and Darwin.  = Darwin=20 wrote, in one of his
>> letters: "Lyell
>> >> = has read=20 about half of the volume in clean sheets, and gives
>> me = very=20 great
>> >> kudos."
>> >>
>> = >>=20 Pronunciation in Britain is "cue-doss" while in America it
>> = is=20 "koo-doze".
>> >> As with many Greek words, -os = indicates a=20 singular noun.  Many people
>> >assume
>> = >>=20 kudos is the  plural form, with the singular being a kudo.  = They=20 are
>> >wrong.
>> >> Just = wrong.
>>=20 >>
>> >> There was once a computer operating = system=20 called QDOS.  Was
>> it named by a
>> >> = Brit, so=20 that it sounded like kudos, or is that simply a
>>=20 coincidence?"
>> >>
>> >> ... and there = you have=20 it.
>> >>
>> >>
>> >> = -----=20 Original Message -----
>> >> From: "Warren Keuffel" = <wkeuffel@xmission.com>
&g= t;>=20 >> To: <canslim@lists.xmission.com= >
>>=20 >> Sent: Wednesday, January 09, 2002 8:23 PM
>> = >>=20 Subject: Re: AW: [CANSLIM] DFXI
>> >>
>>=20 >>
>> >> > Jumping in here for Mike -- "Kudos" = basically means
>> "Congratulations".
>> >> = > =20 However <ahem> I was curious about the etymology of the word=20 so
>> >> > consulted my American Heritage dictionary = which=20 defines it
>> as  "Acclaim
>> >> > or = prestige=20 as a result of achievement or position." But
>> no guidance=20 on
>> >> > etymology, darn it.  More than you = wanted to=20 know, right? <g>
>> >> >
>> >> = >=20 Warren
>> >> >
>> >> > Andreas = Himmelreich=20 wrote:
>> >> >
>> >> > >Sorry = to ask=20 Mike, what means Kudos?
>> >> > >
>> = >>=20 > >
>> >> > >>-----Ursprungliche=20 Nachricht-----
>> >> > >>Von: Mike Gibbons=20 [SMTP:webmaster@cwhcharts.com]
>> >> > = >>Gesendet am:=20 Wednesday, January 09, 2002 7:08 PM
>> >> > = >>An: canslim@lists.xmission.com=
>>=20 >> > >>Betreff: RE: [CANSLIM] DFXI
>> >> = >=20 >>
>> >> > >>Kudos to you, you should be = feeling=20 pleased this morning
>> and justly
>> = >so.
>>=20 >> > >>
>> >> > = >>Aloha,
>>=20 >> > >>
>> >> > >>Mike=20 Gibbons
>> >> > >>
>> >> >=20 >>
>> >> > >>
>> >> >=20 >>-----Original Message-----
>> >> > = >>From: owner-canslim@lists.xmis= sion.com
>>=20 >> > >>[mailto:owner-canslim@lists.xmission.com]On = Behalf Of=20 Dave
>> >> > >>Sent: Wednesday, January 09, = 2002 5:29=20 AM
>> >> > >>To: canslim@lists.xmission.com=
>>=20 >> > >>Subject: RE: [CANSLIM] DFXI
>> >> = >=20 >>
>> >> > >>
>> >> >=20 >>True, the handle was a bit sloppy but for the most = part
>>=20 volume in the
>> >> > >>handle was below = normal. It=20 also made a pretty nice ascending
>> = >triangle.
>>=20 >> > >>
>> >> > >>As for the = action at=20 the end of the day, I think you're
>> reading too
>> = >much
>> >> > >>into it. The stock made a=20 tremendous surge on volume in
>> the last half
>> = >>=20 hour
>> >> > >>of trading. It then pulled back = on=20 lower volume but
>> didn't undercut
>> = >that
>>=20 >> > >>"intraday breakout point". It then found some = new=20 buyers
>> at the very
>> >end
>> = >> >=20 >>of the session.
>> >> > >>
>> = >> > >>You can find flaws in any chart formation. I've = missed=20 many huge
>> >winners
>> >> > >>by = refusing to buy what I perceived as a flawed handle,
>> or by = putting
>> >> too
>> >> > = >>much weight=20 on intraday analysis. Even IBD will go on to
>> call=20 "perfect
>> >> > >>cup-handle breakouts" on = stocks=20 that have somewhat questionable
>> >> > = >>formations.=20 I won't be surprised to see DFXI mentioned
>> tomorrow as=20 a
>> >> good
>> >> >=20 >>example.
>> >> > >>
>> = >> >=20 >>Of course hindsight is 20/20. Nevertheless I'm glad = I
>>=20 bought yesterday
>> >> :)
>> >> >=20 >>
>> >> > >>
>> >> >=20 >>>>Yes it did but fell back below it's high of the day.=20 Also,
>> >> > >>>>
>> >> = >=20 >>>action in the
>> >> > = >>>
>>=20 >> > >>>>handle has been sloppy - one normally = hopes to=20 see price
>> >> > >>>>
>> = >> >=20 >>>pullback on falling
>> >> >=20 >>>
>> >> > >>>>volume but in = fact it's=20 made a couple of attempts to BO on
>> >> >=20 >>>>
>> >> > >>>above=20 average
>> >> > >>>
>> >> = >=20 >>>>volume since forming the pivot on 12/10. I=20 wouldn't
>> rush in with an
>> >> >=20 >>>>overnight order!
>> >> >=20 >>>>
>> >> > >>>>Mike=20 Gibbons
>> >> > >>>>
>> = >> >=20 >>
>> >> > >>-
>> >> > = >>-To subscribe/unsubscribe, email "majordomo@xmission.com"
>= ;>=20 >> > >>-In the email body, write "subscribe canslim"=20 or
>> >> > >>-"unsubscribe canslim".  Do = not use=20 quotes in your email.
>> >> > >>
>> = >>=20 > >>
>> >> > >>
>> >> = >=20 >>-
>> >> > >>-To subscribe/unsubscribe, = email=20 "majordomo@xmission.com"
>= ;>=20 >> > >>-In the email body, write "subscribe canslim"=20 or
>> >> > >>-"unsubscribe canslim".  Do = not use=20 quotes in your email.
>> >> > >>
>> = >>=20 > >
>> >> > >-
>> >> > = >-To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
>= ;>=20 >> > >-In the email body, write "subscribe canslim" = or
>>=20 >> > >-"unsubscribe canslim".  Do not use quotes in = your=20 email.
>> >> > >
>> >> >=20 >
>> >> > >
>> >> = >
>>=20 >> >
>> >> >
>> >> >=20 -
>> >> > -To subscribe/unsubscribe, email "majordomo@xmission.com"
>= ;>=20 >> > -In the email body, write "subscribe canslim" = or
>>=20 >> > -"unsubscribe canslim".  Do not use quotes in your=20 email.
>> >> >
>> >>
>> = >>=20 -
>> >> -To subscribe/unsubscribe, email "majordomo@xmission.com"
>= ;>=20 >> -In the email body, write "subscribe canslim" or
>> = >>=20 -"unsubscribe canslim".  Do not use quotes in your = email.
>>=20 >
>> >
>>=20 = >_________________________________________________________
>>= =20 >Do You Yahoo!?
>> >Get your free @yahoo.com address at = http://mail.yahoo.com
>>=20 >
>> >
>> >-
>> >-To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
>= ;>=20 >-In the email body, write "subscribe canslim" or
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>>
>>
>> = -
>> -To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
>= ;>=20 -In the email body, write "subscribe canslim" or
>> = -"unsubscribe=20 canslim".  Do not use quotes in your=20 email.
>>
>
>
>-
>-To = subscribe/unsubscribe,=20 email "majordomo@xmission.com"
>= ;-In=20 the email body, write "subscribe canslim" or
>-"unsubscribe=20 canslim".  Do not use quotes in your=20 email.
>
>


-
-To subscribe/unsubscribe, = email "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your email. ------=_NextPart_000_002C_01C19A22.85F6E3C0-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] ASIA? Date: 10 Jan 2002 23:15:15 -0500 Guess I'll wade in here with my thoughts. Beauty is in the eye of the beholder, especially when it comes to looking at chart patterns. What I see is a breakout on 6/11 on better than 2X ADV from a flat base. After that, it peaked and was already declining prior to 9/11. Someone who bought in that flat base might have been able to stay in the stock if they had not used aggressive trailing stop loss orders, if they made allowances for the overall affect of 9/11. I would have been more concerned, however, by the selloff from 10/15 thru 10/23, a good bit of which was on heavy volume. Harder to explain, and certainly unreasonable to blame on 9/11 at that point. Since then, I see a handle forming on a lengthy cup starting with 12/10 and continuing to 1/4/02. Volume on 1/7/02 certainly qualifies as a breakout, and price takes it close to passing the pivot of the high point in the handle already formed. Then the volume and price on 1/8/02 further sets this as a breakout. Since then, the decline and volume on decline says to me that the b/o has failed, and is heading back lower to find support. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message ----- Sent: Thursday, January 10, 2002 11:51 PM > So you only consider cup with handles as true breakouts? I buy cups, cup > with handles, double bottoms, and flat bases, maybe others. > > At 10:44 PM 1/10/02 -0500, you wrote: > >I'm biased, but I prefer to see it as a high handle beginning on 12/6. The > >volume that day was not so great, and there was no true handle, so I don't > >consider it a true breakout. > > > >The handle beginning after that failure is nice and long and volume dried > >up nicely towards the end. The volume on 1/6-1/7 was very high. > > > >Only time will tell the true story... > > > >> -----Original Message----- > >> From: owner-canslim@lists.xmission.com > >> [mailto:owner-canslim@lists.xmission.com]On Behalf Of esetser > >> Sent: Thursday, January 10, 2002 11:25 PM > >> To: canslim@lists.xmission.com > >> Subject: Re: [CANSLIM] ASIA? > >> > >> > >> I read this one differently. I see ASIA as a stock with a breakout to a > >> new on 12/6. (And as a matter of fact, I bot it that day.) > >> That breakout > >> became suspect as the stock corrected and closed near its low during the > >> day, and went on to be a failed breakout for anyone buying in during the > >> day. The action since then is short of the 5 weeks minimum to > >> define a new > >> base, and is confusing in light of the new high it set.. I'm > >> not sure where > >> I would put a pivot on this one. The volume was fabulous for 2 > >> days, but > >> has remained almost as high for the last 2 day pullback, so I > >> would be very > >> cautious. > >> > >> At 04:58 PM 1/10/02 -0500, you wrote: > >> >Hi, > >> > > >> >Just curious on comment about ASIA. Last few days it looked > >> to be breaking > >> >out of a nice chart formation. Alas, it seems to be breaking down or > >> >allowing for another re-entry point. Any thoughts? > >> > > >> >Is this stock considered Canslim "worthy" even though it has > >> seen higher > >> >days (ie. not breaking to new highs)? > >> > > >> >Thanks, > >> >Erik > >> >PS. Forgive me if this has been the topic of recent > >> discussion. I just moved > >> >and missed the last week of my Canslim Group emails. > >> > > >> >----- Original Message ----- > >> >From: "Mike Hofmann" > >> >To: > >> >Sent: Thursday, January 10, 2002 1:08 PM > >> >Subject: Re: AW: [CANSLIM] DFXI > >> > > >> > > >> >> ... and still more than you really wanted to know about "kudos": > >> >> > >> >> From a really cool site called "Take Our Word For It" > >> >> (http://www.takeourword.com/): > >> >> > >> >> "Kudos is simply Greek for "praise". It is thought to have entered > >> >English > >> >> as university slang. By 1799 we have a back-formed verb kudize "to > >> >praise", > >> >> so kudos itself was probably in use prior to that, though > >> the first known > >> >> recorded use of kudos comes from 1831. Thereafter we find > >> it used by the > >> >> likes of Disraeli and Darwin. Darwin wrote, in one of his > >> letters: "Lyell > >> >> has read about half of the volume in clean sheets, and gives > >> me very great > >> >> kudos." > >> >> > >> >> Pronunciation in Britain is "cue-doss" while in America it > >> is "koo-doze". > >> >> As with many Greek words, -os indicates a singular noun. Many people > >> >assume > >> >> kudos is the plural form, with the singular being a kudo. They are > >> >wrong. > >> >> Just wrong. > >> >> > >> >> There was once a computer operating system called QDOS. Was > >> it named by a > >> >> Brit, so that it sounded like kudos, or is that simply a > >> coincidence?" > >> >> > >> >> ... and there you have it. > >> >> > >> >> > >> >> ----- Original Message ----- > >> >> From: "Warren Keuffel" > >> >> To: > >> >> Sent: Wednesday, January 09, 2002 8:23 PM > >> >> Subject: Re: AW: [CANSLIM] DFXI > >> >> > >> >> > >> >> > Jumping in here for Mike -- "Kudos" basically means > >> "Congratulations". > >> >> > However I was curious about the etymology of the word so > >> >> > consulted my American Heritage dictionary which defines it > >> as "Acclaim > >> >> > or prestige as a result of achievement or position." But > >> no guidance on > >> >> > etymology, darn it. More than you wanted to know, right? > >> >> > > >> >> > Warren > >> >> > > >> >> > Andreas Himmelreich wrote: > >> >> > > >> >> > >Sorry to ask Mike, what means Kudos? > >> >> > > > >> >> > > > >> >> > >>-----Ursprungliche Nachricht----- > >> >> > >>Von: Mike Gibbons [SMTP:webmaster@cwhcharts.com] > >> >> > >>Gesendet am: Wednesday, January 09, 2002 7:08 PM > >> >> > >>An: canslim@lists.xmission.com > >> >> > >>Betreff: RE: [CANSLIM] DFXI > >> >> > >> > >> >> > >>Kudos to you, you should be feeling pleased this morning > >> and justly > >> >so. > >> >> > >> > >> >> > >>Aloha, > >> >> > >> > >> >> > >>Mike Gibbons > >> >> > >> > >> >> > >> > >> >> > >> > >> >> > >>-----Original Message----- > >> >> > >>From: owner-canslim@lists.xmission.com > >> >> > >>[mailto:owner-canslim@lists.xmission.com]On Behalf Of Dave > >> >> > >>Sent: Wednesday, January 09, 2002 5:29 AM > >> >> > >>To: canslim@lists.xmission.com > >> >> > >>Subject: RE: [CANSLIM] DFXI > >> >> > >> > >> >> > >> > >> >> > >>True, the handle was a bit sloppy but for the most part > >> volume in the > >> >> > >>handle was below normal. It also made a pretty nice ascending > >> >triangle. > >> >> > >> > >> >> > >>As for the action at the end of the day, I think you're > >> reading too > >> >much > >> >> > >>into it. The stock made a tremendous surge on volume in > >> the last half > >> >> hour > >> >> > >>of trading. It then pulled back on lower volume but > >> didn't undercut > >> >that > >> >> > >>"intraday breakout point". It then found some new buyers > >> at the very > >> >end > >> >> > >>of the session. > >> >> > >> > >> >> > >>You can find flaws in any chart formation. I've missed many huge > >> >winners > >> >> > >>by refusing to buy what I perceived as a flawed handle, > >> or by putting > >> >> too > >> >> > >>much weight on intraday analysis. Even IBD will go on to > >> call "perfect > >> >> > >>cup-handle breakouts" on stocks that have somewhat questionable > >> >> > >>formations. I won't be surprised to see DFXI mentioned > >> tomorrow as a > >> >> good > >> >> > >>example. > >> >> > >> > >> >> > >>Of course hindsight is 20/20. Nevertheless I'm glad I > >> bought yesterday > >> >> :) > >> >> > >> > >> >> > >> > >> >> > >>>>Yes it did but fell back below it's high of the day. Also, > >> >> > >>>> > >> >> > >>>action in the > >> >> > >>> > >> >> > >>>>handle has been sloppy - one normally hopes to see price > >> >> > >>>> > >> >> > >>>pullback on falling > >> >> > >>> > >> >> > >>>>volume but in fact it's made a couple of attempts to BO on > >> >> > >>>> > >> >> > >>>above average > >> >> > >>> > >> >> > >>>>volume since forming the pivot on 12/10. I wouldn't > >> rush in with an > >> >> > >>>>overnight order! > >> >> > >>>> > >> >> > >>>>Mike Gibbons > >> >> > >>>> > >> >> > >> > >> >> > >>- > >> >> > >>-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. > >> >> > > > >> >> > > > >> >> > > > >> >> > > >> >> > > >> >> > > >> >> > - > >> >> > -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!? > >> >Get your free @yahoo.com address at http://mail.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. > > > > > > > - > -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. ------------------------------------------------------------------------------- From: "Dave" Subject: RE: [CANSLIM] ASIA? Date: 10 Jan 2002 23:30:51 -0500 In hindsight if I had been watching ASIA on 12/4 I probably would have bought. If you consider 11/27 to be the start of a short handle, the pivot would be 17.33 and the stock could have been bought up to 18.20. In this case, you would still be in the stock. As for now, it's definitely a gamble. Personally I like the month-long consolidation and the near record volume over the past few days, and think that if the Nasdaq resumes its rally, there's a good chance ASIA will go along for the ride. > -----Original Message----- > From: owner-canslim@lists.xmission.com > [mailto:owner-canslim@lists.xmission.com]On Behalf Of esetser > Sent: Thursday, January 10, 2002 11:51 PM > To: canslim@lists.xmission.com > Subject: RE: [CANSLIM] ASIA? > > > So you only consider cup with handles as true breakouts? I buy > cups, cup > with handles, double bottoms, and flat bases, maybe others. > > At 10:44 PM 1/10/02 -0500, you wrote: > >I'm biased, but I prefer to see it as a high handle beginning > on 12/6. The > >volume that day was not so great, and there was no true > handle, so I don't > >consider it a true breakout. > > > >The handle beginning after that failure is nice and long and > volume dried > >up nicely towards the end. The volume on 1/6-1/7 was very high. > > > >Only time will tell the true story... > > > >> -----Original Message----- > >> From: owner-canslim@lists.xmission.com > >> [mailto:owner-canslim@lists.xmission.com]On Behalf Of esetser > >> Sent: Thursday, January 10, 2002 11:25 PM > >> To: canslim@lists.xmission.com > >> Subject: Re: [CANSLIM] ASIA? > >> > >> > >> I read this one differently. I see ASIA as a stock with a > breakout to a > >> new on 12/6. (And as a matter of fact, I bot it that day.) > >> That breakout > >> became suspect as the stock corrected and closed near its > low during the > >> day, and went on to be a failed breakout for anyone buying > in during the > >> day. The action since then is short of the 5 weeks minimum to > >> define a new > >> base, and is confusing in light of the new high it set.. I'm > >> not sure where > >> I would put a pivot on this one. The volume was fabulous for 2 > >> days, but > >> has remained almost as high for the last 2 day pullback, so I > >> would be very > >> cautious. > >> > >> At 04:58 PM 1/10/02 -0500, you wrote: > >> >Hi, > >> > > >> >Just curious on comment about ASIA. Last few days it looked > >> to be breaking > >> >out of a nice chart formation. Alas, it seems to be > breaking down or > >> >allowing for another re-entry point. Any thoughts? > >> > > >> >Is this stock considered Canslim "worthy" even though it has > >> seen higher > >> >days (ie. not breaking to new highs)? > >> > > >> >Thanks, > >> >Erik > >> >PS. Forgive me if this has been the topic of recent > >> discussion. I just moved > >> >and missed the last week of my Canslim Group emails. > >> > > >> >----- Original Message ----- > >> >From: "Mike Hofmann" > >> >To: > >> >Sent: Thursday, January 10, 2002 1:08 PM > >> >Subject: Re: AW: [CANSLIM] DFXI > >> > > >> > > >> >> ... and still more than you really wanted to know about "kudos": > >> >> > >> >> From a really cool site called "Take Our Word For It" > >> >> (http://www.takeourword.com/): > >> >> > >> >> "Kudos is simply Greek for "praise". It is thought to > have entered > >> >English > >> >> as university slang. By 1799 we have a back-formed verb > kudize "to > >> >praise", > >> >> so kudos itself was probably in use prior to that, though > >> the first known > >> >> recorded use of kudos comes from 1831. Thereafter we find > >> it used by the > >> >> likes of Disraeli and Darwin. Darwin wrote, in one of his > >> letters: "Lyell > >> >> has read about half of the volume in clean sheets, and gives > >> me very great > >> >> kudos." > >> >> > >> >> Pronunciation in Britain is "cue-doss" while in America it > >> is "koo-doze". > >> >> As with many Greek words, -os indicates a singular noun. > Many people > >> >assume > >> >> kudos is the plural form, with the singular being a > kudo. They are > >> >wrong. > >> >> Just wrong. > >> >> > >> >> There was once a computer operating system called QDOS. Was > >> it named by a > >> >> Brit, so that it sounded like kudos, or is that simply a > >> coincidence?" > >> >> > >> >> ... and there you have it. > >> >> > >> >> > >> >> ----- Original Message ----- > >> >> From: "Warren Keuffel" > >> >> To: > >> >> Sent: Wednesday, January 09, 2002 8:23 PM > >> >> Subject: Re: AW: [CANSLIM] DFXI > >> >> > >> >> > >> >> > Jumping in here for Mike -- "Kudos" basically means > >> "Congratulations". > >> >> > However I was curious about the etymology of the word so > >> >> > consulted my American Heritage dictionary which defines it > >> as "Acclaim > >> >> > or prestige as a result of achievement or position." But > >> no guidance on > >> >> > etymology, darn it. More than you wanted to know, right? > >> >> > > >> >> > Warren > >> >> > > >> >> > Andreas Himmelreich wrote: > >> >> > > >> >> > >Sorry to ask Mike, what means Kudos? > >> >> > > > >> >> > > > >> >> > >>-----Ursprungliche Nachricht----- > >> >> > >>Von: Mike Gibbons [SMTP:webmaster@cwhcharts.com] > >> >> > >>Gesendet am: Wednesday, January 09, 2002 7:08 PM > >> >> > >>An: canslim@lists.xmission.com > >> >> > >>Betreff: RE: [CANSLIM] DFXI > >> >> > >> > >> >> > >>Kudos to you, you should be feeling pleased this morning > >> and justly > >> >so. > >> >> > >> > >> >> > >>Aloha, > >> >> > >> > >> >> > >>Mike Gibbons > >> >> > >> > >> >> > >> > >> >> > >> > >> >> > >>-----Original Message----- > >> >> > >>From: owner-canslim@lists.xmission.com > >> >> > >>[mailto:owner-canslim@lists.xmission.com]On Behalf Of Dave > >> >> > >>Sent: Wednesday, January 09, 2002 5:29 AM > >> >> > >>To: canslim@lists.xmission.com > >> >> > >>Subject: RE: [CANSLIM] DFXI > >> >> > >> > >> >> > >> > >> >> > >>True, the handle was a bit sloppy but for the most part > >> volume in the > >> >> > >>handle was below normal. It also made a pretty nice ascending > >> >triangle. > >> >> > >> > >> >> > >>As for the action at the end of the day, I think you're > >> reading too > >> >much > >> >> > >>into it. The stock made a tremendous surge on volume in > >> the last half > >> >> hour > >> >> > >>of trading. It then pulled back on lower volume but > >> didn't undercut > >> >that > >> >> > >>"intraday breakout point". It then found some new buyers > >> at the very > >> >end > >> >> > >>of the session. > >> >> > >> > >> >> > >>You can find flaws in any chart formation. I've > missed many huge > >> >winners > >> >> > >>by refusing to buy what I perceived as a flawed handle, > >> or by putting > >> >> too > >> >> > >>much weight on intraday analysis. Even IBD will go on to > >> call "perfect > >> >> > >>cup-handle breakouts" on stocks that have somewhat > questionable > >> >> > >>formations. I won't be surprised to see DFXI mentioned > >> tomorrow as a > >> >> good > >> >> > >>example. > >> >> > >> > >> >> > >>Of course hindsight is 20/20. Nevertheless I'm glad I > >> bought yesterday > >> >> :) > >> >> > >> > >> >> > >> > >> >> > >>>>Yes it did but fell back below it's high of the day. Also, > >> >> > >>>> > >> >> > >>>action in the > >> >> > >>> > >> >> > >>>>handle has been sloppy - one normally hopes to see price > >> >> > >>>> > >> >> > >>>pullback on falling > >> >> > >>> > >> >> > >>>>volume but in fact it's made a couple of attempts to BO on > >> >> > >>>> > >> >> > >>>above average > >> >> > >>> > >> >> > >>>>volume since forming the pivot on 12/10. I wouldn't > >> rush in with an > >> >> > >>>>overnight order! > >> >> > >>>> > >> >> > >>>>Mike Gibbons > >> >> > >>>> > >> >> > >> > >> >> > >>- > >> >> > >>-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. > >> >> > > > >> >> > > > >> >> > > > >> >> > > >> >> > > >> >> > > >> >> > - > >> >> > -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!? > >> >Get your free @yahoo.com address at http://mail.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. > > > > > > > - > -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. ------------------------------------------------------------------------------- From: Dave Cameron Subject: [CANSLIM] Tom Worley Date: 10 Jan 2002 20:45:37 -0800 (PST) Hey... and to think, we've been getting his wisdom for years - IBD finally got around to recognizing it! ;-) Tom... you oughta sent out your home address to the truly interested - after all, you could at least send me your autograph! Did you know this was coming? ===== Dave Cameron dfcameron@yahoo.com __________________________________________________ Do You Yahoo!? Send FREE video emails in Yahoo! Mail! http://promo.yahoo.com/videomail/ - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Subject: Are you earning what you're worth? (5926BuOg6-760YQKc2919uogY6-@25) Date: 11 Jan 2002 03:28:25 -0700 Show me the money!

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[5926BuOg6-760YQKc2919uogY6-370SKcX1521pHzT7-872lDxP1233hBtL6-482fXqI0833cU@70] ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: AW: [CANSLIM] ASIA? Date: 11 Jan 2002 12:33:50 +0100 The volumne was to high on the last two days, it dryed up, but not a lot. Pecs, a leader of the group, broke down yesterday (with high volumne). Price Cash Flow Ratio is 500 (!!!), PE is 111, what does you tell this? Nothing good. SMR Rate is C. Sponsorship Rating D. Well, even this thing goes up like hell, I could not sleep owning it ... > -----Ursprungliche Nachricht----- > Von: Dave [SMTP:drubin@i-2000.com] > Gesendet am: Friday, January 11, 2002 4:44 AM > An: canslim@lists.xmission.com > Betreff: RE: [CANSLIM] ASIA? > > I'm biased, but I prefer to see it as a high handle beginning on 12/6. The > volume that day was not so great, and there was no true handle, so I don't > consider it a true breakout. > > The handle beginning after that failure is nice and long and volume dried > up nicely towards the end. The volume on 1/6-1/7 was very high. > > Only time will tell the true story... > > > -----Original Message----- > > From: owner-canslim@lists.xmission.com > > [mailto:owner-canslim@lists.xmission.com]On Behalf Of esetser > > Sent: Thursday, January 10, 2002 11:25 PM > > To: canslim@lists.xmission.com > > Subject: Re: [CANSLIM] ASIA? > > > > > > I read this one differently. I see ASIA as a stock with a breakout to a > > new on 12/6. (And as a matter of fact, I bot it that day.) > > That breakout > > became suspect as the stock corrected and closed near its low during the > > day, and went on to be a failed breakout for anyone buying in during the > > day. The action since then is short of the 5 weeks minimum to > > define a new > > base, and is confusing in light of the new high it set.. I'm > > not sure where > > I would put a pivot on this one. The volume was fabulous for 2 > > days, but > > has remained almost as high for the last 2 day pullback, so I > > would be very > > cautious. > > > > At 04:58 PM 1/10/02 -0500, you wrote: > > >Hi, > > > > > >Just curious on comment about ASIA. Last few days it looked > > to be breaking > > >out of a nice chart formation. Alas, it seems to be breaking down or > > >allowing for another re-entry point. Any thoughts? > > > > > >Is this stock considered Canslim "worthy" even though it has > > seen higher > > >days (ie. not breaking to new highs)? > > > > > >Thanks, > > >Erik > > >PS. Forgive me if this has been the topic of recent > > discussion. I just moved > > >and missed the last week of my Canslim Group emails. > > > > > >----- Original Message ----- > > >From: "Mike Hofmann" > > >To: > > >Sent: Thursday, January 10, 2002 1:08 PM > > >Subject: Re: AW: [CANSLIM] DFXI > > > > > > > > >> ... and still more than you really wanted to know about "kudos": > > >> > > >> From a really cool site called "Take Our Word For It" > > >> (http://www.takeourword.com/): > > >> > > >> "Kudos is simply Greek for "praise". It is thought to have entered > > >English > > >> as university slang. By 1799 we have a back-formed verb kudize "to > > >praise", > > >> so kudos itself was probably in use prior to that, though > > the first known > > >> recorded use of kudos comes from 1831. Thereafter we find > > it used by the > > >> likes of Disraeli and Darwin. Darwin wrote, in one of his > > letters: "Lyell > > >> has read about half of the volume in clean sheets, and gives > > me very great > > >> kudos." > > >> > > >> Pronunciation in Britain is "cue-doss" while in America it > > is "koo-doze". > > >> As with many Greek words, -os indicates a singular noun. Many people > > >assume > > >> kudos is the plural form, with the singular being a kudo. They are > > >wrong. > > >> Just wrong. > > >> > > >> There was once a computer operating system called QDOS. Was > > it named by a > > >> Brit, so that it sounded like kudos, or is that simply a > > coincidence?" > > >> > > >> ... and there you have it. > > >> > > >> > > >> ----- Original Message ----- > > >> From: "Warren Keuffel" > > >> To: > > >> Sent: Wednesday, January 09, 2002 8:23 PM > > >> Subject: Re: AW: [CANSLIM] DFXI > > >> > > >> > > >> > Jumping in here for Mike -- "Kudos" basically means > > "Congratulations". > > >> > However I was curious about the etymology of the word so > > >> > consulted my American Heritage dictionary which defines it > > as "Acclaim > > >> > or prestige as a result of achievement or position." But > > no guidance on > > >> > etymology, darn it. More than you wanted to know, right? > > >> > > > >> > Warren > > >> > > > >> > Andreas Himmelreich wrote: > > >> > > > >> > >Sorry to ask Mike, what means Kudos? > > >> > > > > >> > > > > >> > >>-----Ursprungliche Nachricht----- > > >> > >>Von: Mike Gibbons [SMTP:webmaster@cwhcharts.com] > > >> > >>Gesendet am: Wednesday, January 09, 2002 7:08 PM > > >> > >>An: canslim@lists.xmission.com > > >> > >>Betreff: RE: [CANSLIM] DFXI > > >> > >> > > >> > >>Kudos to you, you should be feeling pleased this morning > > and justly > > >so. > > >> > >> > > >> > >>Aloha, > > >> > >> > > >> > >>Mike Gibbons > > >> > >> > > >> > >> > > >> > >> > > >> > >>-----Original Message----- > > >> > >>From: owner-canslim@lists.xmission.com > > >> > >>[mailto:owner-canslim@lists.xmission.com]On Behalf Of Dave > > >> > >>Sent: Wednesday, January 09, 2002 5:29 AM > > >> > >>To: canslim@lists.xmission.com > > >> > >>Subject: RE: [CANSLIM] DFXI > > >> > >> > > >> > >> > > >> > >>True, the handle was a bit sloppy but for the most part > > volume in the > > >> > >>handle was below normal. It also made a pretty nice ascending > > >triangle. > > >> > >> > > >> > >>As for the action at the end of the day, I think you're > > reading too > > >much > > >> > >>into it. The stock made a tremendous surge on volume in > > the last half > > >> hour > > >> > >>of trading. It then pulled back on lower volume but > > didn't undercut > > >that > > >> > >>"intraday breakout point". It then found some new buyers > > at the very > > >end > > >> > >>of the session. > > >> > >> > > >> > >>You can find flaws in any chart formation. I've missed many huge > > >winners > > >> > >>by refusing to buy what I perceived as a flawed handle, > > or by putting > > >> too > > >> > >>much weight on intraday analysis. Even IBD will go on to > > call "perfect > > >> > >>cup-handle breakouts" on stocks that have somewhat questionable > > >> > >>formations. I won't be surprised to see DFXI mentioned > > tomorrow as a > > >> good > > >> > >>example. > > >> > >> > > >> > >>Of course hindsight is 20/20. Nevertheless I'm glad I > > bought yesterday > > >> :) > > >> > >> > > >> > >> > > >> > >>>>Yes it did but fell back below it's high of the day. Also, > > >> > >>>> > > >> > >>>action in the > > >> > >>> > > >> > >>>>handle has been sloppy - one normally hopes to see price > > >> > >>>> > > >> > >>>pullback on falling > > >> > >>> > > >> > >>>>volume but in fact it's made a couple of attempts to BO on > > >> > >>>> > > >> > >>>above average > > >> > >>> > > >> > >>>>volume since forming the pivot on 12/10. I wouldn't > > rush in with an > > >> > >>>>overnight order! > > >> > >>>> > > >> > >>>>Mike Gibbons > > >> > >>>> > > >> > >> > > >> > >>- > > >> > >>-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. > > >> > > > > >> > > > > >> > > > > >> > > > >> > > > >> > > > >> > - > > >> > -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!? > > >Get your free @yahoo.com address at http://mail.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. - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: AW: [CANSLIM] Tom Worley Date: 11 Jan 2002 12:35:43 +0100 Tom, since I am new to the group, how long are you in here? > -----Ursprungliche Nachricht----- > Von: Dave Cameron [SMTP:dfcameron@yahoo.com] > Gesendet am: Friday, January 11, 2002 5:46 AM > An: canslim@lists.xmission.com > Betreff: [CANSLIM] Tom Worley > > > Hey... and to think, we've been getting his wisdom for years - IBD > finally got around to recognizing it! ;-) > > Tom... you oughta sent out your home address to the truly interested > - after all, you could at least send me your autograph! > > Did you know this was coming? > > ===== > Dave Cameron > dfcameron@yahoo.com > > __________________________________________________ > Do You Yahoo!? > Send FREE video emails in Yahoo! Mail! > http://promo.yahoo.com/videomail/ > > - > -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. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: AW: [CANSLIM] tom worley-the smart investor Date: 11 Jan 2002 12:36:35 +0100 Tom, Kudos to you ;-))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))) > -----Ursprungliche Nachricht----- > Von: david frank [SMTP:camelot.homes@charter.net] > Gesendet am: Friday, January 11, 2002 2:17 AM > An: canslim@lists.xmission.com > Betreff: [CANSLIM] tom worley-the smart investor > > Tom, congratulations for being the IBD smart investor!!! and Katherine you should be there too!!! david > << Datei: ATT00005.htm >> - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] Tom Worley Date: 11 Jan 2002 06:44:58 -0500 Guten Tag, Andreas, Over five years now in the group. I joined just a few months after Jeff started it. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message ----- Sent: Friday, January 11, 2002 6:35 AM > Tom, since I am new to the group, how long are you in here? > > > -----Ursprungliche Nachricht----- > > Von: Dave Cameron [SMTP:dfcameron@yahoo.com] > > Gesendet am: Friday, January 11, 2002 5:46 AM > > An: canslim@lists.xmission.com > > Betreff: [CANSLIM] Tom Worley > > > > > > Hey... and to think, we've been getting his wisdom for years - IBD > > finally got around to recognizing it! ;-) > > > > Tom... you oughta sent out your home address to the truly interested > > - after all, you could at least send me your autograph! > > > > Did you know this was coming? > > > > ===== > > Dave Cameron > > dfcameron@yahoo.com > > > > __________________________________________________ > > Do You Yahoo!? > > Send FREE video emails in Yahoo! Mail! > > http://promo.yahoo.com/videomail/ > > > > - > > -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. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] Tom Worley Date: 11 Jan 2002 06:48:04 -0500 Hi Dave, I am more interested in getting WON's autograph on the 3rd edition of HTMMIS (assuming it is ever released for sale, that is). Yes, I knew the interview was coming and mentioned to the group it was with my permission. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message ----- Sent: Thursday, January 10, 2002 11:45 PM > > Hey... and to think, we've been getting his wisdom for years - IBD > finally got around to recognizing it! ;-) > > Tom... you oughta sent out your home address to the truly interested > - after all, you could at least send me your autograph! > > Did you know this was coming? > > ===== > Dave Cameron > dfcameron@yahoo.com > > __________________________________________________ > Do You Yahoo!? > Send FREE video emails in Yahoo! Mail! > http://promo.yahoo.com/videomail/ > > - > -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. ------------------------------------------------------------------------------- From: "Hill, Ernie" Subject: RE: [CANSLIM] Tom Worley Date: 11 Jan 2002 06:48:38 -0600 Congratulations Tom. Good to see that you are still providing editorial content for IBD, at least this time it was with your permission. Nice job Claire, I too never believed that you were the mole. E -----Original Message----- Sent: Thursday, January 10, 2002 10:46 PM Hey... and to think, we've been getting his wisdom for years - IBD finally got around to recognizing it! ;-) Tom... you oughta sent out your home address to the truly interested - after all, you could at least send me your autograph! Did you know this was coming? ===== Dave Cameron dfcameron@yahoo.com __________________________________________________ Do You Yahoo!? Send FREE video emails in Yahoo! Mail! http://promo.yahoo.com/videomail/ - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ****************************************************************** This email and any files transmitted with it from the ElPaso Corporation are confidential and intended solely for the use of the individual or entity to whom they are addressed. If you have received this email in error please notify the sender. ****************************************************************** - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Ann" Subject: [CANSLIM] Tom W's article Date: 11 Jan 2002 07:50:46 -0500 That's so exciting, Tom! Congratulations, and thanks for sharing your wisdom with us! Ann - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Cefaloni, John L Jr. [AMSTA-AR-WEA]" Subject: RE: [CANSLIM] Our Very Own Tom Worley Makes the Big TIme!! Date: 11 Jan 2002 07:57:06 -0500 This message is in MIME format. Since your mail reader does not understand this format, some or all of this message may not be legible. ------_=_NextPart_001_01C19A9F.78FF0120 Content-Type: text/plain; charset="iso-8859-1" Although I mostly lurk here, I have to add my congratulations too. Tom, Katherine and many others here provide intelligent discussions that make this a truly valuable message board, which I find to be rare in the world of online investing information. Congratulations Tom and THANKS. -----Original Message----- Sent: Thursday, January 10, 2002 7:50 PM Once again, CONGRATULATIONS!!! --Katherine The Smart Investor Thursday, January 10, 2001 View IBD Investor Profile archive. Bringing Market Direction Into The Mix BY CLAIRE MENCKE INVESTOR'S BUSINESS DAILY Even folks who think they've paid their dues in investing can learn a lot from CAN SLIM, Tom Worley says. Worley, a bank operations manager, might have thought he'd seen it all. He started investing when he was 10. "My uncle worked for Florida Steel," he said. "It was publicly traded then, but it still wasn't profitable. He gave my siblings and I one share each for Christmas." For Worley, it was the gift that kept on giving. "Back then, there wasn't much junk mail," he said. "So a 10-year-old like me treasured any mail received. When the quarterly report or annual statement with proxy arrived, I devoured it." The share also got him into analyzing stocks. "I made my first financial forecast about a year later when I told my uncle the company would be profitable in six months," said Worley. "That was about a year ahead of what the company accountants were expecting. I was right and they were wrong." Worley, now 53, took from that much of the approach to stocks that he still uses. "It's probably one reason I became so based in fundamentals," he said. "I have tried everything pretty much, from value investing and bottom fishing to momentum. I'm basically a fundamentalist at heart." _____ Image: A Marathon Run _____ Fundamentals were what drew him to Epiq Systems ( EPIQ). Worley first bought shares of the financial software firm in early 1999, and still owns a position in it. Three years ago, Epiq had been public for just about two years and already had shown year-over-year acceleration in sales, cash flow and earnings growth. But the fundamental approach wasn't without its issues, says Worley. He had done a stint as a retail broker for a firm that underwrote small-cap companies' shares. That introduced him to the inner workings of many companies. But there were drawbacks, he says. "My most frequent pre-CAN SLIM mistake was convincing myself that I understood a company better than the market," said Worley. "Then I'd hold it when everyone else was selling." CAN SLIM lends a helpful counterbalance. "What it does for me is provide an objective way of measuring a company's true fundamentals against all other stocks in its group, as well as all stocks," Worley said. "It also provides a healthy balance of momentum considerations against my own too-strong fundamentals weighing." Reason To Succeed Worley says he aims to buy stocks of companies "that have a reason to be highly successful over the long term." Still, CAN SLIM has great value because "it improved my sense of timing on when to get in and get out," Worley said. Small stocks still are his favorites, he says. "But size by itself isn't a determining factor," Worley said. "My very first screen is the daily list of stocks that hit a new high that day." These stocks are "the starting point for finding stocks with no overhead within 12 months," he said. "Then I examine their earnings, sales, ROE, group strength, relative strength and EPS ratings, chart formation, accumulation/distribution ranks and timeliness." He wants companies to be profitable for at least two quarters. Quarter-to-quarter "sequential earnings and sales are more important to me than year-to-year percentage increases," he said. "If last year was a very weak year, it's easy to generate easy percentage comparisons this year, and hard to do the same next year if they are not still growing sequentially." Worley says Epiq is probably his single best stock success. The company makes software for bankruptcy trustees. "I found this one as I find most for my watch list, by using the daily list of stocks making new highs, and checking for their CAN SLIM characteristics," he said. His first purchase of the stock netted a 70% return in almost exactly seven weeks, he says. Worley says he tries to buy stocks that can double in price or better over a year to 18 months. With Epiq, "I saw that potential, but the 70% in seven weeks was too extreme," he said. He sold that position. But later, when the stock backed down from where he had sold it, he bought it again. His second and third purchases netted him 20% and 30% gains. By then, Worley said he "realized the potential of a company doing so well when the economy was still strong. If (the bankruptcy software vendor) could do that well then, they would only flourish when the economy weakened" - as it did. He bought the stock a fourth time in April 2000 at about 6.75, adjusted for splits. Ten months later, he sold half of it with a profit of around 120%. Three months after that, he sold another quarter of the position for a 366% profit. Personal Rule "I have a personal rule that I must sell at least half a position upon the first sign of (stock price) weakness whenever I'm up over 100%," Worley said. "Given the opportunity, I want to take my investing capital off the table and play with someone else's money." But Worley first uses the 20% gain rule to force himself to re-examine why he's in a stock. When a stock is up 20%, "it's a reason to carefully examine the chart and be able to articulate why I was not selling it," he said. ------_=_NextPart_001_01C19A9F.78FF0120 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Although I mostly lurk here, I have to add my congratulations=20 too.
 
Tom,=20 Katherine and many others here provide intelligent discussions that = make this a=20 truly valuable message board, which I find to be rare in the world of = online=20 investing information.
 
Congratulations Tom and THANKS.
-----Original Message-----
From: Katherine Malm=20 [mailto:kmalm@earthlink.net]
Sent: Thursday, January 10, = 2002 7:50=20 PM
To: canslim@lists.xmission.com
Subject: = [CANSLIM] Our=20 Very Own Tom Worley Makes the Big TIme!!

Once again, CONGRATULATIONS!!! --Katherine

The Smart Investor

 =20

Thursday, January 10, 2001

Vie= w IBD=20 Investor Profile archive.=20

Bringing Market Direction Into The = Mix

BY CLAIRE MENCKE

INVESTOR'S BUSINESS DAILY

Even folks who think they've paid their dues in investing can = learn a lot=20 from CAN SLIM, Tom Worley says.

Worley, a bank operations manager, might have thought he'd seen it = all. He=20 started investing when he was 10.

"My uncle worked for Florida Steel," he said. "It was publicly = traded then,=20 but it still wasn't profitable. He gave my siblings and I one share = each for=20 Christmas."

For Worley, it was the gift that kept on giving.

"Back then, there wasn't much junk mail," he said. "So a = 10-year-old like=20 me treasured any mail received. When the quarterly report or annual = statement=20 with proxy arrived, I devoured it."

The share also got him into analyzing stocks.

"I made my first financial forecast about a year later when I told = my uncle=20 the company would be profitable in six months," said Worley. "That = was about a=20 year ahead of what the company accountants were expecting. I was = right and=20 they were wrong."

Worley, now 53, took from that much of the approach to stocks that = he still=20 uses.

"It's probably one reason I became so based in fundamentals," he = said. "I=20 have tried everything pretty much, from value investing and bottom = fishing to=20 momentum. I'm basically a fundamentalist at heart."

 Image: A Marathon Run

Fundamentals were what drew him to Epiq Systems (EPIQ).=20 Worley first bought shares of the financial software firm in early = 1999, and=20 still owns a position in it.

Three years ago, Epiq had been public for just about two years and = already=20 had shown year-over-year acceleration in sales, cash flow and = earnings growth.=20

But the fundamental approach wasn't without its issues, says = Worley. He had=20 done a stint as a retail broker for a firm that underwrote small-cap=20 companies' shares. That introduced him to the inner workings of many=20 companies. But there were drawbacks, he says.

"My most frequent pre-CAN SLIM mistake was convincing myself that = I=20 understood a company better than the market," said Worley. "Then I'd = hold it=20 when everyone else was selling."

CAN SLIM lends a helpful counterbalance. "What it does for me is = provide an=20 objective way of measuring a company's true fundamentals against all = other=20 stocks in its group, as well as all stocks," Worley said. "It also = provides a=20 healthy balance of momentum considerations against my own too-strong=20 fundamentals weighing."

Reason To Succeed

Worley says he aims to buy stocks of companies "that have a reason = to be=20 highly successful over the long term." Still, CAN SLIM has great = value because=20 "it improved my sense of timing on when to get in and get out," = Worley=20 said.

Small stocks still are his favorites, he says. "But size by itself = isn't a=20 determining factor," Worley said. "My very first screen is the daily = list of=20 stocks that hit a new high that day."

These stocks are "the starting point for finding stocks with no = overhead=20 within 12 months," he said. "Then I examine their earnings, sales, = ROE, group=20 strength, relative strength and EPS ratings, chart formation,=20 accumulation/distribution ranks and timeliness."

He wants companies to be profitable for at least two quarters.

Quarter-to-quarter "sequential earnings and sales are more = important to me=20 than year-to-year percentage increases," he said. "If last year was a = very=20 weak year, it's easy to generate easy percentage comparisons this = year, and=20 hard to do the same next year if they are not still growing = sequentially."=20

Worley says Epiq is probably his single best stock success. The = company=20 makes software for bankruptcy trustees.

"I found this one as I find most for my watch list, by using the = daily list=20 of stocks making new highs, and checking for their CAN SLIM = characteristics,"=20 he said.

His first purchase of the stock netted a 70% return in almost = exactly seven=20 weeks, he says.

Worley says he tries to buy stocks that can double in price or = better over=20 a year to 18 months. With Epiq, "I saw that potential, but the 70% in = seven=20 weeks was too extreme," he said. He sold that position. But later, = when the=20 stock backed down from where he had sold it, he bought it again. His = second=20 and third purchases netted him 20% and 30% gains.

By then, Worley said he "realized the potential of a company doing = so well=20 when the economy was still strong. If (the bankruptcy software = vendor) could=20 do that well then, they would only flourish when the economy = weakened" — as it=20 did.

He bought the stock a fourth time in April 2000 at about 6.75, = adjusted for=20 splits. Ten months later, he sold half of it with a profit of around = 120%.=20 Three months after that, he sold another quarter of the position for = a 366%=20 profit.

Personal Rule

"I have a personal rule that I must sell at least half a position = upon the=20 first sign of (stock price) weakness whenever I'm up over 100%," = Worley said.=20 "Given the opportunity, I want to take my investing capital off the = table and=20 play with someone else's money."

But Worley first uses the 20% gain rule to force himself to = re-examine why=20 he's in a stock.

When a stock is up 20%, "it's a reason to carefully examine the = chart and=20 be able to articulate why I was not selling it," he said.=20

------_=_NextPart_001_01C19A9F.78FF0120-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] Our Very Own Tom Worley Makes the Big TIme!! Date: 11 Jan 2002 07:04:56 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_000D_01C19A6E.46FDC200 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Thanks for the kind words, John. Before joining the list, I read a = couple of months of archives and it was clear Tom was the list's guiding = force who set a tone of kindness, intelligence and wit. I'm just tickled = that he's been recognized after so many years of faithful service. Katherine ----- Original Message -----=20 From: Cefaloni, John L Jr. [AMSTA-AR-WEA]=20 To: 'canslim@lists.xmission.com'=20 Sent: Friday, January 11, 2002 6:57 AM Subject: RE: [CANSLIM] Our Very Own Tom Worley Makes the Big TIme!! Although I mostly lurk here, I have to add my congratulations too. Tom, Katherine and many others here provide intelligent discussions = that make this a truly valuable message board, which I find to be rare = in the world of online investing information. Congratulations Tom and THANKS. ------=_NextPart_000_000D_01C19A6E.46FDC200 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Thanks for the kind words, John. Before joining the list, I read a = couple=20 of months of archives and it was clear Tom was the = list's guiding=20 force who set a tone of kindness, intelligence and wit. I'm just tickled = that=20 he's been recognized after so many years of faithful service.
 
Katherine
----- Original Message -----
From:=20 Cefaloni,=20 John L Jr. [AMSTA-AR-WEA]
Sent: Friday, January 11, 2002 = 6:57=20 AM
Subject: RE: [CANSLIM] Our Very = Own Tom=20 Worley Makes the Big TIme!!

Although I mostly lurk here, I have to add my congratulations = too.
 
Tom,=20 Katherine and many others here provide intelligent discussions that = make this=20 a truly valuable message board, which I find to be rare in the world = of online=20 investing information.
 
Congratulations Tom and=20 THANKS.
------=_NextPart_000_000D_01C19A6E.46FDC200-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Cefaloni, John L Jr. [AMSTA-AR-WEA]" Subject: RE: [CANSLIM] Our Very Own Tom Worley Makes the Big TIme!! Date: 11 Jan 2002 08:16:08 -0500 This message is in MIME format. Since your mail reader does not understand this format, some or all of this message may not be legible. ------_=_NextPart_001_01C19AA2.21A4C330 Content-Type: text/plain; charset="iso-8859-1" Katherine, Wow, you read a couple of months of archives before joining the list? Jeez, I just jumped right in. That's probably an indication of our investment styles! Only this time, I got lucky! Cheers, JC -----Original Message----- Sent: Friday, January 11, 2002 8:05 AM Thanks for the kind words, John. Before joining the list, I read a couple of months of archives and it was clear Tom was the list's guiding force who set a tone of kindness, intelligence and wit. I'm just tickled that he's been recognized after so many years of faithful service. Katherine ----- Original Message ----- Sent: Friday, January 11, 2002 6:57 AM Although I mostly lurk here, I have to add my congratulations too. Tom, Katherine and many others here provide intelligent discussions that make this a truly valuable message board, which I find to be rare in the world of online investing information. Congratulations Tom and THANKS. ------_=_NextPart_001_01C19AA2.21A4C330 Content-Type: text/html; charset="iso-8859-1"
Katherine,
 
Wow, you read a couple of months of archives before joining the list?  Jeez, I just jumped right in.  That's probably an indication of our investment styles!
 
Only this time, I got lucky!
 
Cheers,
JC
-----Original Message-----
From: Katherine Malm [mailto:kmalm@earthlink.net]
Sent: Friday, January 11, 2002 8:05 AM
To: canslim@lists.xmission.com
Subject: Re: [CANSLIM] Our Very Own Tom Worley Makes the Big TIme!!

Thanks for the kind words, John. Before joining the list, I read a couple of months of archives and it was clear Tom was the list's guiding force who set a tone of kindness, intelligence and wit. I'm just tickled that he's been recognized after so many years of faithful service.
 
Katherine
----- Original Message -----
Sent: Friday, January 11, 2002 6:57 AM
Subject: RE: [CANSLIM] Our Very Own Tom Worley Makes the Big TIme!!

Although I mostly lurk here, I have to add my congratulations too.
 
Tom, Katherine and many others here provide intelligent discussions that make this a truly valuable message board, which I find to be rare in the world of online investing information.
 
Congratulations Tom and THANKS.
------_=_NextPart_001_01C19AA2.21A4C330-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: AW: [CANSLIM] Our Very Own Tom Worley Makes the Big TIme!! Date: 11 Jan 2002 15:03:41 +0100 I jumped in as well, but I was lucky !!! > -----Ursprungliche Nachricht----- > Von: Cefaloni, John L Jr. [AMSTA-AR-WEA] [SMTP:cefaloni@pica.army.mil] > Gesendet am: Friday, January 11, 2002 2:16 PM > An: 'canslim@lists.xmission.com' > Betreff: RE: [CANSLIM] Our Very Own Tom Worley Makes the Big TIme!! > > Katherine, > > Wow, you read a couple of months of archives before joining the list? Jeez, > I just jumped right in. That's probably an indication of our investment > styles! > > Only this time, I got lucky! > > Cheers, > JC > > -----Original Message----- > From: Katherine Malm [mailto:kmalm@earthlink.net] > Sent: Friday, January 11, 2002 8:05 AM > To: canslim@lists.xmission.com > Subject: Re: [CANSLIM] Our Very Own Tom Worley Makes the Big TIme!! > > > Thanks for the kind words, John. Before joining the list, I read a couple of > months of archives and it was clear Tom was the list's guiding force who set > a tone of kindness, intelligence and wit. I'm just tickled that he's been > recognized after so many years of faithful service. > > Katherine > > ----- Original Message ----- > From: Cefaloni, John L Jr. [AMSTA-AR-WEA] > To: 'canslim@lists.xmission.com' > Sent: Friday, January 11, 2002 6:57 AM > Subject: RE: [CANSLIM] Our Very Own Tom Worley Makes the Big TIme!! > > Although I mostly lurk here, I have to add my congratulations too. > > Tom, Katherine and many others here provide intelligent discussions that > make this a truly valuable message board, which I find to be rare in the > world of online investing information. > > Congratulations Tom and THANKS. > > << Datei: ATT00003.htm >> - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Dave" Subject: RE: [CANSLIM] ASIA? Date: 11 Jan 2002 09:41:33 -0500 You all win, I lose. This is clearly a failed breakout now. Out with a small loss, and another lesson learned :) -- Dave - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Chris McShaffey" Subject: [CANSLIM] (CANSLIM)Our Very Own Tom Worley Makes the Big Time!! Date: 10 Jan 2002 19:36:53 -0800 GREAT article Tom!! You have now become an officialand permanent member of my Smart Investor collection. _________________________________________________________________ Get your FREE download of MSN Explorer at http://explorer.msn.com/intl.asp. - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] ASIA? Date: 11 Jan 2002 08:45:16 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_004E_01C19A7C.4A922B00 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Looks like the lesson had small tuition. I'd call that a "win"! Katherine ----- Original Message -----=20 From: Dave=20 To: canslim@lists.xmission.com=20 Sent: Friday, January 11, 2002 8:41 AM Subject: RE: [CANSLIM] ASIA? You all win, I lose. This is clearly a failed breakout now. Out with a small loss, and another lesson learned :) -- Dave - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------=_NextPart_000_004E_01C19A7C.4A922B00 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Looks like the lesson had small tuition. I'd call that a = "win"!
 
Katherine
----- Original Message -----
From:=20 Dave
Sent: Friday, January 11, 2002 = 8:41=20 AM
Subject: RE: [CANSLIM] = ASIA?

You all win, I lose. This is clearly a failed breakout = now. Out=20 with a
small loss, and another lesson learned=20 :)


--
Dave


-
-To subscribe/unsubscribe, = email "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your email. ------=_NextPart_000_004E_01C19A7C.4A922B00-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Cefaloni, John L Jr. [AMSTA-AR-WEA]" Subject: [CANSLIM] Opinions on KKD? Date: 11 Jan 2002 09:48:47 -0500 Others have asked about this one recently, but there hasn't been much discussion. Anyone have opinions on KKD's chart and it's legitimacy as a CANSLIM breakout candidate? Thanks, John C. - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] Opinions on KKD? Date: 11 Jan 2002 08:57:53 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_005C_01C19A7E.0DC42640 Content-Type: multipart/alternative; boundary="----=_NextPart_001_005D_01C19A7E.0DC42640" ------=_NextPart_001_005D_01C19A7E.0DC42640 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi John, Mixed bag. Terribly high PE as Andreas pointed out yesterday. But = printing higher highs and higher lows. An LLUR candidate in the making? = or a head & shoulders top starting to form? Can't tell...but I wouldn't = touch it unless it were clearer. If in since 11/14 B/O, nothing's = violated that except a brief dip below the pivot shortly after. Katherine ----- Original Message -----=20 From: Cefaloni, John L Jr. [AMSTA-AR-WEA]=20 To: canslim@lists.xmission.com=20 Sent: Friday, January 11, 2002 8:48 AM Subject: [CANSLIM] Opinions on KKD? Others have asked about this one recently, but there hasn't been much discussion. Anyone have opinions on KKD's chart and it's legitimacy as a CANSLIM breakout candidate?=20 Thanks, John C. - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------=_NextPart_001_005D_01C19A7E.0DC42640 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Hi John,
 
Mixed bag. Terribly high PE as Andreas pointed out yesterday. But = printing=20 higher highs and higher lows. An LLUR candidate in the making? or a head = &=20 shoulders top starting to form? Can't tell...but I wouldn't touch it = unless it=20 were clearer. If in since 11/14 B/O, nothing's violated that except a = brief dip=20 below the pivot shortly after.
 
Katherine
----- Original Message -----
From:=20 Cefaloni,=20 John L Jr. [AMSTA-AR-WEA]
Sent: Friday, January 11, 2002 = 8:48=20 AM
Subject: [CANSLIM] Opinions on = KKD?

Others have asked about this one recently, but there = hasn't=20 been much
discussion.

Anyone have opinions on KKD's chart = and it's=20 legitimacy as a CANSLIM
breakout candidate?

Thanks,
John = C.






-
-To subscribe/unsubscribe, email = "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
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Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: [CANSLIM] Time & Sales Date: 11 Jan 2002 09:29:20 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_007E_01C19A82.72D0D840 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Finally...a free site that lets you see the actual time & sales data = from the day. Take a look and see if big blocks are trading. Katherine ------=_NextPart_000_007E_01C19A82.72D0D840 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Finally...a free site that lets you see the actual time & sales = data=20 from the day. Take a look and see if big blocks are trading.
 
Katherine
------=_NextPart_000_007E_01C19A82.72D0D840-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: [CANSLIM] Re: Time & Sales Date: 11 Jan 2002 09:30:09 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_0089_01C19A82.90367AC0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Oops...here's the site: http://quotes.freerealtime.com/rt/frt/R?IM=3Dquotes&symbol=3D&type=3DTime= %26Sales&action=3DGo%21 ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Friday, January 11, 2002 9:29 AM Subject: Time & Sales Finally...a free site that lets you see the actual time & sales data = from the day. Take a look and see if big blocks are trading. Katherine ------=_NextPart_000_0089_01C19A82.90367AC0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Oops...here's the site:
 
http://quotes.freerealtime.c= om/rt/frt/R?IM=3Dquotes&symbol=3D&type=3DTime%26Sales&action=3D= Go%21
----- Original Message -----
From:=20 Katherine=20 Malm
Sent: Friday, January 11, 2002 = 9:29=20 AM
Subject: Time & Sales

Finally...a free site that lets you see the actual time & = sales data=20 from the day. Take a look and see if big blocks are trading.
 
Katherine
------=_NextPart_000_0089_01C19A82.90367AC0-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Mendheart@aol.com Subject: [CANSLIM] Worlee 'Weeview' Date: 11 Jan 2002 10:50:56 EST --part1_f5.1530eba9.297063e0_boundary Content-Type: text/plain; charset="US-ASCII" Content-Transfer-Encoding: 7bit Tom, Cool article my friend...(hopefully can refer to you as one). CANSLIM is well represented by your style and savvy. I'm pretty much a lurker here...have been for years but especially enjoy your analysis. Thanks again for all that you do. Denny --part1_f5.1530eba9.297063e0_boundary Content-Type: text/html; charset="US-ASCII" Content-Transfer-Encoding: 7bit Tom,

Cool article my friend...(hopefully can refer to you as one).  CANSLIM is well represented by your style and savvy.  I'm pretty much a lurker here...have been for years but especially enjoy your analysis.  Thanks again for all that you do.

Denny
--part1_f5.1530eba9.297063e0_boundary-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Cefaloni, John L Jr. [AMSTA-AR-WEA]" Subject: RE: [CANSLIM] Worlee 'Weeview' Date: 11 Jan 2002 10:57:59 -0500 This message is in MIME format. Since your mail reader does not understand this format, some or all of this message may not be legible. ------_=_NextPart_001_01C19AB8.BDF67470 Content-Type: text/plain; charset="iso-8859-1" Perhaps IBD would be interested in giving Tom a "Worley's Weekend Review" column... -----Original Message----- Sent: Friday, January 11, 2002 10:51 AM Tom, Cool article my friend...(hopefully can refer to you as one). CANSLIM is well represented by your style and savvy. I'm pretty much a lurker here...have been for years but especially enjoy your analysis. Thanks again for all that you do. Denny ------_=_NextPart_001_01C19AB8.BDF67470 Content-Type: text/html; charset="iso-8859-1"
Perhaps IBD would be interested in giving Tom a "Worley's Weekend Review" column...
-----Original Message-----
From: Mendheart@aol.com [mailto:Mendheart@aol.com]
Sent: Friday, January 11, 2002 10:51 AM
To: canslim@lists.xmission.com
Subject: [CANSLIM] Worlee 'Weeview'

Tom,

Cool article my friend...(hopefully can refer to you as one).  CANSLIM is well represented by your style and savvy.  I'm pretty much a lurker here...have been for years but especially enjoy your analysis.  Thanks again for all that you do.

Denny
------_=_NextPart_001_01C19AB8.BDF67470-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Mhboatman@aol.com Subject: Re: [CANSLIM] Opinions on KKD? Date: 11 Jan 2002 11:10:33 EST John C. Not a CANSLIM stock in my opinion -- at least not at the moment. However, I see it as a stock with substantial growth potential. A big neg. for some might be it 108 PE. For the pos it has good (not great) cash flow, low funds ownership (13%), larger mgmt position at 29% on a 38.2 million float. Return on equity of 17%. Earnings have been increasing every year for past 5 years (except for a small drop in '99), with quarterly, year over year, growth rate of >50% the past two reporting periods. Sale growth expanding it 28% past two quarters. The chart -- since 9-11event KKD has been working a nice nearly parallel price channel with higher highs and lows. It has been bumping the lower price channel yesterday and Tuesday as I read the chart. It's lower channel does not appear to penetrate the 50 day average. We made off of KKD last year. We got out near high in early July and got in again (modest position) at it's low in early November. As I said we are not playing this as a CANSLIM investment. What we see is a company with a hugh potential, good management who is working an aggressive well underwritten expansion model. Currently KKD is in only 30 some states in the US and Canada. It recently announced plans to expand into Europe (which could be a negative). My guess(!!) is KKD has the horses to hit $90 by October. We have thought about purchasing a franchise in Minnesota (first Minnesota franchise will open soon), however finding a suitable location/traffic flow site is judged to be major consideration for this type of high volume retailing. I think we will stick with our modest stock ownership this summer. Howard - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Warren Keuffel Subject: Re: [CANSLIM] Perusing daily charts -- easiest way? Date: 11 Jan 2002 09:26:38 -0700 John, In ClearStation, bring up a stock chart. If you right click (assuming you are using a windoze machine) on the chart and then select "Save as..." you can store the image locally and then import it as an image into your Excel doc. If you don't want to capture the image then you'll have to build a new chart, which means capturing all the data and doing all the calculations. I hope this is the question you wanted an answer to! Warren John Adair wrote: >Hi warren >This is a good project >You might check tc2000 it has a flash type of screen viewing. And Metastock >allows viewing groups of stock charts. By the way how do you import and sort >stocks into excel. I basically know how to import csv files but haven't >tried charts > >-----Original Message----- >From: owner-canslim@lists.xmission.com >[mailto:owner-canslim@lists.xmission.com]On Behalf Of Warren Keuffel >Sent: Wednesday, January 09, 2002 10:07 PM >To: canslim@lists.xmission.com >Subject: Re: [CANSLIM] Perusing daily charts -- easiest way? > >I've just discovered a web site -- ClearStation -- that does what you >want. If you create a watch list there you can then have CS display the >charts for all your stocks in one browser page (up to 20 per page). I >like the portfolio tools on CS too. > >CANSLIMers -- anyone out there following ClearStation recommendations? >Any good? > >Warren > >J. David Stem wrote: > >>It seems one of the challenges of following and finding breakouts is >>to find a simple, quick way to view daily charts. I find DGO is great >>for identifying candidates on a weekly basis, particularly if the >>various screens are imported into Excel then sorted. The problem then >>is this: DGO takes too long to load individual charts, even when they >>are on a watch list. Now, maybe the problem would be solved if i had >>DSL (any comments on how fast DGO is with DSL?) >> >>However, even then, they have to be scrolled through one at a time. >>I've found that Yahoo's charting section allows me to input up to 25 >>symbols at a time. All 25 charts load on one long page. I can then >>scroll through very quickly, seeing what patterns I like. I can also >>save each weeks charts into my Favorites Folder very easily. The >>problem is, Yahoo doesn't adjust their prices until late at night. >>Which brings me to my question: Is there any service that allows you >>to view multiple full-size charts on one page like Yahoo... but loads >>the prices before midnight... OR is there any way to get the prices >>earlier on Yahoo. I'm just curious how others have found the quickest >>way to view the day's market action with individual charts. >> >>Dave in Los Angeles >> >>_________________________________________________________________ >>Join the world's largest e-mail service with MSN Hotmail. >>http://www.hotmail.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. > > > - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Cefaloni, John L Jr. [AMSTA-AR-WEA]" Subject: RE: [CANSLIM] Opinions on KKD? Date: 11 Jan 2002 11:30:27 -0500 Howard, Thanks for the detailed assessment - it is very helpful. Can I ask why you don't think it's a CANSLIM stock? The growth that you point out should qualify it. In fact, the C, A, N, S, L, and I all seem to be in order. The M may be arguable. It has also based from June to November, but is now close to the high. I understand that valuation is a problem, but my recollection is that valuation is not a significant factor in the CANSLIM equation. What am I missing? John C. -----Original Message----- Sent: Friday, January 11, 2002 11:11 AM John C. Not a CANSLIM stock in my opinion -- at least not at the moment. However, I see it as a stock with substantial growth potential. A big neg. for some might be it 108 PE. For the pos it has good (not great) cash flow, low funds ownership (13%), larger mgmt position at 29% on a 38.2 million float. Return on equity of 17%. Earnings have been increasing every year for past 5 years (except for a small drop in '99), with quarterly, year over year, growth rate of >50% the past two reporting periods. Sale growth expanding it 28% past two quarters. The chart -- since 9-11event KKD has been working a nice nearly parallel price channel with higher highs and lows. It has been bumping the lower price channel yesterday and Tuesday as I read the chart. It's lower channel does not appear to penetrate the 50 day average. We made off of KKD last year. We got out near high in early July and got in again (modest position) at it's low in early November. As I said we are not playing this as a CANSLIM investment. What we see is a company with a hugh potential, good management who is working an aggressive well underwritten expansion model. Currently KKD is in only 30 some states in the US and Canada. It recently announced plans to expand into Europe (which could be a negative). My guess(!!) is KKD has the horses to hit $90 by October. We have thought about purchasing a franchise in Minnesota (first Minnesota franchise will open soon), however finding a suitable location/traffic flow site is judged to be major consideration for this type of high volume retailing. I think we will stick with our modest stock ownership this summer. Howard - -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. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] ASIA? Date: 11 Jan 2002 10:45:04 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_00D1_01C19A8D.0767E480 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi Surinda, Noticed no takers on your TRAC inquiry. At $2.49 this flies too far = below my own radar to track, but took a look out of curiosity. Not a = particularly great earnings history. A penny here and there for years = until good earnings kicked in the last 4 quarters. Only 2% institutional = ownership, but maybe some of the recent high volume action is a microcap = fund loading up. Company recently announced a share buy back, so it = could just be that driving the price, though with 29 m float, it may not = affect the price all that much. Barry Hertz, the Chairman of the Board = holds the lion's share of the insider shares at 27m. Interesting note = that he's also Chairman of the Board of INOD. Katherine ----- Original Message -----=20 From: Surindra=20 To: canslim@lists.xmission.com=20 Sent: Thursday, January 10, 2002 8:38 PM Subject: RE: [CANSLIM] ASIA? You probably bought the shares I sold (made about 10% profit), I had = set stop loss on this, so got out. I bought TRAC, does not qualify to be canslim candidate yet. Comments/criticism welcome. Regards Surindra -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com] On Behalf Of Dave Sent: Thursday, January 10, 2002 7:53 PM To: canslim@lists.xmission.com Subject: RE: [CANSLIM] ASIA? I bought some today. I really like the chart, and the pullback came on lower (but still good) volume, and it didn't undercut the breakout level. It's not what you want to see after a breakout, but the Nasdaq was = kind of weak today and if it's just a healthy pause, then ASIA may well resume its breakout. Also bought SAH yesterday, which did pretty well today. > -----Original Message----- > From: owner-canslim@lists.xmission.com=20 > [mailto:owner-canslim@lists.xmission.com]On Behalf Of Erik Harris > Sent: Thursday, January 10, 2002 4:59 PM > To: canslim@lists.xmission.com > Subject: [CANSLIM] ASIA? > > > Hi, > > Just curious on comment about ASIA. Last few days it looked to be=20 > breaking out of a nice chart formation. Alas, it seems to be = breaking > down or allowing for another re-entry point. Any thoughts? > > Is this stock considered Canslim "worthy" even though it has seen=20 > higher days (ie. not breaking to new highs)? > > Thanks, > Erik > PS. Forgive me if this has been the topic of recent discussion. I = just > moved and missed the last week of my Canslim Group emails. > > ----- Original Message ----- > From: "Mike Hofmann" > To: > Sent: Thursday, January 10, 2002 1:08 PM > Subject: Re: AW: [CANSLIM] DFXI > > > > ... and still more than you really wanted to know about "kudos": > > > > From a really cool site called "Take Our Word For It" > > (http://www.takeourword.com/): > > > > "Kudos is simply Greek for "praise". It is thought to have = entered > English > > as university slang. By 1799 we have a back-formed verb kudize = "to > praise", > > so kudos itself was probably in use prior to that, though the > first known > > recorded use of kudos comes from 1831. Thereafter we find it > used by the > > likes of Disraeli and Darwin. Darwin wrote, in one of his > letters: "Lyell > > has read about half of the volume in clean sheets, and gives > me very great > > kudos." > > > > Pronunciation in Britain is "cue-doss" while in America it is > "koo-doze". > > As with many Greek words, -os indicates a singular noun. Many=20 > > people > assume > > kudos is the plural form, with the singular being a kudo. They = are > wrong. > > Just wrong. > > > > There was once a computer operating system called QDOS. Was > it named by a > > Brit, so that it sounded like kudos, or is that simply a=20 > > coincidence?" > > > > ... and there you have it. > > > > > > ----- Original Message ----- > > From: "Warren Keuffel" > > To: > > Sent: Wednesday, January 09, 2002 8:23 PM > > Subject: Re: AW: [CANSLIM] DFXI > > > > > > > Jumping in here for Mike -- "Kudos" basically means > "Congratulations". > > > However I was curious about the etymology of the word so = > > > consulted my American Heritage dictionary which defines it > as "Acclaim > > > or prestige as a result of achievement or position." But no > guidance on > > > etymology, darn it. More than you wanted to know, right? > > > > > > Warren > > > > > > Andreas Himmelreich wrote: > > > > > > >Sorry to ask Mike, what means Kudos? > > > > > > > > > > > >>-----Ursprungliche Nachricht----- > > > >>Von: Mike Gibbons [SMTP:webmaster@cwhcharts.com] Gesendet am:=20 > > > >>Wednesday, January 09, 2002 7:08 PM > > > >>An: canslim@lists.xmission.com > > > >>Betreff: RE: [CANSLIM] DFXI > > > >> > > > >>Kudos to you, you should be feeling pleased this morning > and justly > so. > > > >> > > > >>Aloha, > > > >> > > > >>Mike Gibbons > > > >> > > > >> > > > >> > > > >>-----Original Message----- > > > >>From: owner-canslim@lists.xmission.com=20 > > > >>[mailto:owner-canslim@lists.xmission.com]On Behalf Of Dave > > > >>Sent: Wednesday, January 09, 2002 5:29 AM > > > >>To: canslim@lists.xmission.com > > > >>Subject: RE: [CANSLIM] DFXI > > > >> > > > >> > > > >>True, the handle was a bit sloppy but for the most part > volume in the > > > >>handle was below normal. It also made a pretty nice ascending > triangle. > > > >> > > > >>As for the action at the end of the day, I think you're > reading too > much > > > >>into it. The stock made a tremendous surge on volume in > the last half > > hour > > > >>of trading. It then pulled back on lower volume but > didn't undercut > that > > > >>"intraday breakout point". It then found some new buyers > at the very > end > > > >>of the session. > > > >> > > > >>You can find flaws in any chart formation. I've missed many = huge > winners > > > >>by refusing to buy what I perceived as a flawed handle, > or by putting > > too > > > >>much weight on intraday analysis. Even IBD will go on to > call "perfect > > > >>cup-handle breakouts" on stocks that have somewhat = questionable=20 > > > >>formations. I won't be surprised to see DFXI mentioned > tomorrow as a > > good > > > >>example. > > > >> > > > >>Of course hindsight is 20/20. Nevertheless I'm glad I > bought yesterday > > :) > > > >> > > > >> > > > >>>>Yes it did but fell back below it's high of the day. Also, > > > >>>> > > > >>>action in the > > > >>> > > > >>>>handle has been sloppy - one normally hopes to see price > > > >>>> > > > >>>pullback on falling > > > >>> > > > >>>>volume but in fact it's made a couple of attempts to BO on > > > >>>> > > > >>>above average > > > >>> > > > >>>>volume since forming the pivot on 12/10. I wouldn't > rush in with an > > > >>>>overnight order! > > > >>>> > > > >>>>Mike Gibbons > > > >>>> > > > >> > > > >>- > > > >>-To subscribe/unsubscribe, email "majordomo@xmission.com" -In=20 > > > >>the email body, write "subscribe canslim" or -"unsubscribe=20 > > > >>canslim". Do not use quotes in your email. > > > >> > > > >> > > > >> > > > >>- > > > >>-To subscribe/unsubscribe, email "majordomo@xmission.com" -In=20 > > > >>the email body, write "subscribe canslim" or -"unsubscribe=20 > > > >>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=20 > > > email body, write "subscribe canslim" or -"unsubscribe canslim". = =20 > > > Do not use quotes in your email. > > > > > > > - > > -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the=20 > > email body, write "subscribe canslim" or -"unsubscribe canslim". = Do > > not use quotes in your email. > > > _________________________________________________________ > Do You Yahoo!? > Get your free @yahoo.com address at http://mail.yahoo.com > > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or -"unsubscribe=20 > 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!? Get your free @yahoo.com address at http://mail.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. ------=_NextPart_000_00D1_01C19A8D.0767E480 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Hi Surinda,
 
Noticed no takers on your TRAC inquiry. At $2.49 this flies too far = below=20 my own radar to track, but took a look out of curiosity. Not a = particularly=20 great earnings history. A penny here and there for years until good = earnings=20 kicked in the last 4 quarters. Only 2% institutional ownership, but = maybe some=20 of the recent high volume action is a microcap fund loading up. Company = recently=20 announced a share buy back, so it could just be that driving the price, = though=20 with 29 m float, it may not affect the price all that much. Barry Hertz, = the=20 Chairman of the Board holds the lion's share of the insider shares at = 27m.=20 Interesting note that he's also Chairman of the Board of INOD.
 
Katherine
----- Original Message -----
From:=20 Surindra=20
Sent: Thursday, January 10, = 2002 8:38=20 PM
Subject: RE: [CANSLIM] = ASIA?

You probably bought the shares I sold (made about 10% = profit),=20 I had set
stop loss on this, so got out.

I bought TRAC, does = not=20 qualify to be canslim candidate yet.
Comments/criticism=20 welcome.

Regards

Surindra

-----Original=20 Message-----
From: owner-canslim@lists.xmis= sion.com
[mailto:owner-canslim@lists.xmission.com]=20 On Behalf Of Dave
Sent: Thursday, January 10, 2002 7:53 PM
To: = canslim@lists.xmission.com=
Subject:=20 RE: [CANSLIM] ASIA?


I bought some today. I really like the = chart,=20 and the pullback came on
lower (but still good) volume, and it = didn't=20 undercut the breakout
level.

It's not what you want to see = after a=20 breakout, but the Nasdaq was kind
of weak today and if it's just a = healthy=20 pause, then ASIA may well
resume its breakout.

Also bought = SAH=20 yesterday, which did pretty well today.


> -----Original=20 Message-----
> From: owner-canslim@lists.xmis= sion.com=20
> [mailto:owner-canslim@lists.xmission.com]On Behalf Of Erik=20 Harris
> Sent: Thursday, January 10, 2002 4:59 PM
> To: canslim@lists.xmission.com=
>=20 Subject: [CANSLIM] ASIA?
>
>
> Hi,
>
> = Just=20 curious on comment about ASIA.  Last few days it looked to be =
>=20 breaking out of a nice chart formation.  Alas, it seems to be=20 breaking

> down or allowing for another re-entry = point.  Any=20 thoughts?
>
> Is this stock considered Canslim "worthy" = even=20 though it has seen
> higher days (ie. not breaking to new=20 highs)?
>
> Thanks,
> Erik
> PS. Forgive me if = this=20 has been the topic of recent discussion. I just

> moved and = missed=20 the last week of my Canslim Group emails.
>
> ----- = Original=20 Message -----
> From: "Mike Hofmann" <sfmcanslim@hotmail.com>
= >=20 To: <canslim@lists.xmission.com= >
>=20 Sent: Thursday, January 10, 2002 1:08 PM
> Subject: Re: AW: = [CANSLIM]=20 DFXI
>
>
> > ... and still more than you really = wanted to=20 know about "kudos":
> >
> > From a really cool site = called=20 "Take Our Word For It"
> > (http://www.takeourword.com/):>=20 >
> > "Kudos is simply Greek for "praise".  It is = thought to=20 have entered
> English
> > as university slang.  = By 1799=20 we have a back-formed verb kudize "to
> praise",
> > so = kudos=20 itself was probably in use prior to that, though the
> first=20 known
> > recorded use of kudos comes from 1831.  = Thereafter we=20 find it
> used by the
> > likes of Disraeli and = Darwin. =20 Darwin wrote, in one of his
> letters: "Lyell
> > has = read=20 about half of the volume in clean sheets, and gives
> me very=20 great
> > kudos."
> >
> > Pronunciation in = Britain=20 is "cue-doss" while in America it is
> "koo-doze".
> > = As with=20 many Greek words, -os indicates a singular noun.  Many
> = >=20 people
> assume
> > kudos is the  plural form, = with the=20 singular being a kudo.  They are
> wrong.
> > Just = wrong.
> >
> > There was once a computer operating = system=20 called QDOS.  Was
> it named by a
> > Brit, so = that it=20 sounded like kudos, or is that simply a
> > = coincidence?"
>=20 >
> > ... and there you have it.
> >
> = >
>=20 > ----- Original Message -----
> > From: "Warren Keuffel" = <wkeuffel@xmission.com>
&g= t; >=20 To: <canslim@lists.xmission.com= >
>=20 > Sent: Wednesday, January 09, 2002 8:23 PM
> > Subject: = Re: AW:=20 [CANSLIM] DFXI
> >
> >
> > > Jumping in = here for=20 Mike -- "Kudos" basically means
> "Congratulations".
> = >=20 >  However <ahem> I was curious about the etymology of = the word=20 so
> > > consulted my American Heritage dictionary which = defines=20 it
> as  "Acclaim
> > > or prestige as a result = of=20 achievement or position." But no
> guidance on
> > > = etymology, darn it.  More than you wanted to know, right?=20 <g>
> > >
> > > Warren
> > = >
>=20 > > Andreas Himmelreich wrote:
> > >
> > = >=20 >Sorry to ask Mike, what means Kudos?
> > > = >
> >=20 > >
> > > >>-----Ursprungliche = Nachricht-----
>=20 > > >>Von: Mike Gibbons [SMTP:webmaster@cwhcharts.com] = Gesendet=20 am:
> > > >>Wednesday, January 09, 2002 7:08 = PM
>=20 > > >>An: canslim@lists.xmission.com=
>=20 > > >>Betreff: RE: [CANSLIM] DFXI
> > >=20 >>
> > > >>Kudos to you, you should be feeling = pleased=20 this morning
> and justly
> so.
> > > = >>
>=20 > > >>Aloha,
> > > >>
> > >=20 >>Mike Gibbons
> > > >>
> > >=20 >>
> > > >>
> > > = >>-----Original=20 Message-----
> > > >>From: owner-canslim@lists.xmis= sion.com=20
> > > >>[mailto:owner-canslim@lists.xmission.com]On = Behalf=20 Of Dave
> > > >>Sent: Wednesday, January 09, 2002 = 5:29=20 AM
> > > >>To: canslim@lists.xmission.com=
>=20 > > >>Subject: RE: [CANSLIM] DFXI
> > >=20 >>
> > > >>
> > > >>True, = the handle=20 was a bit sloppy but for the most part
> volume in the
> = > >=20 >>handle was below normal. It also made a pretty nice = ascending
>=20 triangle.
> > > >>
> > > >>As for = the=20 action at the end of the day, I think you're
> reading = too
>=20 much
> > > >>into it. The stock made a tremendous = surge on=20 volume in
> the last half
> > hour
> > > = >>of=20 trading. It then pulled back on lower volume but
> didn't=20 undercut
> that
> > > >>"intraday breakout = point". It=20 then found some new buyers
> at the very
> end
> = > >=20 >>of the session.
> > > >>
> > >=20 >>You can find flaws in any chart formation. I've missed many=20 huge
> winners
> > > >>by refusing to buy what = I=20 perceived as a flawed handle,
> or by putting
> > = too
>=20 > > >>much weight on intraday analysis. Even IBD will go = on=20 to
> call "perfect
> > > >>cup-handle = breakouts" on=20 stocks that have somewhat questionable
> > > = >>formations.=20 I won't be surprised to see DFXI mentioned
> tomorrow as = a
> >=20 good
> > > >>example.
> > > = >>
>=20 > > >>Of course hindsight is 20/20. Nevertheless I'm glad=20 I
> bought yesterday
> > :)
> > > = >>
>=20 > > >>
> > > >>>>Yes it did but = fell back=20 below it's high of the day. Also,
> > > = >>>>
>=20 > > >>>action in the
> > > = >>>
>=20 > > >>>>handle has been sloppy - one normally hopes = to see=20 price
> > > >>>>
> > >=20 >>>pullback on falling
> > > >>>
> = >=20 > >>>>volume but in fact it's made a couple of attempts = to BO=20 on
> > > >>>>
> > > = >>>above=20 average
> > > >>>
> > >=20 >>>>volume since forming the pivot on 12/10. I = wouldn't
>=20 rush in with an
> > > >>>>overnight = order!
>=20 > > >>>>
> > > >>>>Mike=20 Gibbons
> > > >>>>
> > > = >>
>=20 > > >>-
> > > >>-To = subscribe/unsubscribe, email=20 "majordomo@xmission.com" = -In=20
> > > >>the email body, write "subscribe canslim" = or=20 -"unsubscribe
> > > >>canslim".  Do not use = quotes in=20 your email.
> > > >>
> > > = >>
> >=20 > >>
> > > >>-
> > > = >>-To=20 subscribe/unsubscribe, email "majordomo@xmission.com" -In =
>=20 > > >>the email body, write "subscribe canslim" or = -"unsubscribe=20
> > > >>canslim".  Do not use quotes in your=20 email.
> > > >>
> > > >
> > = >=20 >-
> > > >-To subscribe/unsubscribe, email "majordomo@xmission.com" -In = the

> > > >email body, write "subscribe canslim" or = -"unsubscribe canslim".

> > > >Do not use quotes in = your=20 email.
> > > >
> > > >
> > > = >
> > >
> > >
> > >
> = > >=20 -
> > > -To subscribe/unsubscribe, email "majordomo@xmission.com" -In = the=20
> > > email body, write "subscribe canslim" or = -"unsubscribe=20 canslim". 
> > > Do not use quotes in your = email.
>=20 > >
> >
> > -
> > -To = subscribe/unsubscribe,=20 email "majordomo@xmission.com" -In=20 the
> > email body, write "subscribe canslim" or = -"unsubscribe=20 canslim".  Do

> > not use quotes in your=20 email.
>
>
>=20 _________________________________________________________
> Do = You=20 Yahoo!?
> Get your free @yahoo.com address at http://mail.yahoo.com
>
><= BR>>=20 -
> -To subscribe/unsubscribe, email "majordomo@xmission.com"
>= ; -In=20 the email body, write "subscribe canslim" or -"unsubscribe
>=20 canslim".  Do not use quotes in your = email.
>


-
-To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your=20 = email.


_______________________________________________________= __
Do=20 You Yahoo!?
Get your free @yahoo.com address at http://mail.yahoo.com


-
= -To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your email. ------=_NextPart_000_00D1_01C19A8D.0767E480-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: larry l worden Subject: Re: [CANSLIM] Opinions on KKD? Date: 11 Jan 2002 08:44:27 -0800 One negative indicator for KKD, I bought at 41.80 :)....It looked OK to me as long as I only take small loss if it goes wrong way. On Fri, 11 Jan 2002 09:48:47 -0500 "Cefaloni, John L Jr. [AMSTA-AR-WEA]" writes: > Others have asked about this one recently, but there hasn't been > much > discussion. > > Anyone have opinions on KKD's chart and it's legitimacy as a > CANSLIM > breakout candidate? > > Thanks, > John C. > > > > > > > - > -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. ------------------------------------------------------------------------------- From: "Mike Hofmann" Subject: Re: [CANSLIM] Re: Time & Sales Date: 11 Jan 2002 10:17:04 -0800 This is a multi-part message in MIME format. ------=_NextPart_000_0032_01C19A89.1DB6F090 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Outstanding! Wasn't crazy about giving them my autobiography to sign up, = but this site looks very useful. Too bad there's not just one site out = there that has everything I want the way I like it ... = financials/fundies, tech data, charts, price/vol, institutional = ownership, block trades, quotes, etc etc ... seems like I go to a = different site for each item ... maybe I'm too picky about what I want = and how I want to see it Thanks (again) Katherine! Mike ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Friday, January 11, 2002 7:30 AM Subject: [CANSLIM] Re: Time & Sales Oops...here's the site: = http://quotes.freerealtime.com/rt/frt/R?IM=3Dquotes&symbol=3D&type=3DTime= %26Sales&action=3DGo%21 ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Friday, January 11, 2002 9:29 AM Subject: Time & Sales Finally...a free site that lets you see the actual time & sales data = from the day. Take a look and see if big blocks are trading. Katherine ------=_NextPart_000_0032_01C19A89.1DB6F090 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Outstanding! Wasn't crazy about giving = them my=20 autobiography to sign up, but this site looks very useful. Too bad = there's not=20 just one site out there that has everything I want the way I like it ... = financials/fundies, tech data, charts, price/vol, institutional = ownership, block=20 trades, quotes, etc etc ... seems like I go to a different site for each = item=20 ... maybe I'm too picky about what I want and how I want to see = it
 
Thanks (again) Katherine!
 
Mike
----- Original Message -----
From:=20 Katherine=20 Malm
Sent: Friday, January 11, 2002 = 7:30=20 AM
Subject: [CANSLIM] Re: Time = &=20 Sales

Oops...here's the site:
 
http://quotes.freerealtime.c= om/rt/frt/R?IM=3Dquotes&symbol=3D&type=3DTime%26Sales&action=3D= Go%21
----- Original Message -----
From:=20 Katherine=20 Malm
Sent: Friday, January 11, = 2002 9:29=20 AM
Subject: Time & = Sales

Finally...a free site that lets you see the actual time & = sales=20 data from the day. Take a look and see if big blocks are = trading.
 
Katherine
------=_NextPart_000_0032_01C19A89.1DB6F090-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] Re: Time & Sales Date: 11 Jan 2002 12:18:23 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_0148_01C19A9A.106FFBA0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Mike...sounds like a business opportunity! ----- Original Message -----=20 From: Mike Hofmann=20 To: canslim@lists.xmission.com=20 Sent: Friday, January 11, 2002 12:17 PM Subject: Re: [CANSLIM] Re: Time & Sales Outstanding! Wasn't crazy about giving them my autobiography to sign = up, but this site looks very useful. Too bad there's not just one site = out there that has everything I want the way I like it ... = financials/fundies, tech data, charts, price/vol, institutional = ownership, block trades, quotes, etc etc ... seems like I go to a = different site for each item ... maybe I'm too picky about what I want = and how I want to see it Thanks (again) Katherine! Mike ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Friday, January 11, 2002 7:30 AM Subject: [CANSLIM] Re: Time & Sales Oops...here's the site: = http://quotes.freerealtime.com/rt/frt/R?IM=3Dquotes&symbol=3D&type=3DTime= %26Sales&action=3DGo%21 ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Friday, January 11, 2002 9:29 AM Subject: Time & Sales Finally...a free site that lets you see the actual time & sales = data from the day. Take a look and see if big blocks are trading. Katherine ------=_NextPart_000_0148_01C19A9A.106FFBA0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Mike...sounds like a business opportunity!
----- Original Message -----
From:=20 Mike=20 Hofmann
Sent: Friday, January 11, 2002 = 12:17=20 PM
Subject: Re: [CANSLIM] Re: Time = &=20 Sales

Outstanding! Wasn't crazy about = giving them my=20 autobiography to sign up, but this site looks very useful. Too bad = there's not=20 just one site out there that has everything I want the way I like it = ...=20 financials/fundies, tech data, charts, price/vol, institutional = ownership,=20 block trades, quotes, etc etc ... seems like I go to a different site = for each=20 item ... maybe I'm too picky about what I want and how I want to see=20 it
 
Thanks (again) = Katherine!
 
Mike
----- Original Message -----
From:=20 Katherine=20 Malm
Sent: Friday, January 11, = 2002 7:30=20 AM
Subject: [CANSLIM] Re: Time = &=20 Sales

Oops...here's the site:
 
http://quotes.freerealtime.c= om/rt/frt/R?IM=3Dquotes&symbol=3D&type=3DTime%26Sales&action=3D= Go%21
----- Original Message ----- =
From:=20 Katherine=20 Malm
To: canslim@lists.xmission.com= =20
Sent: Friday, January 11, = 2002 9:29=20 AM
Subject: Time & = Sales

Finally...a free site that lets you see the actual time & = sales=20 data from the day. Take a look and see if big blocks are = trading.
 
=
Katherine
= ------=_NextPart_000_0148_01C19A9A.106FFBA0-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Mike Hofmann" Subject: Re: [CANSLIM] Re: Time & Sales Date: 11 Jan 2002 10:43:09 -0800 This is a multi-part message in MIME format. ------=_NextPart_000_0044_01C19A8C.C292E3F0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable p.s. Me again ... just checked the FreeRealTime quote page. I like! ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Friday, January 11, 2002 7:30 AM Subject: [CANSLIM] Re: Time & Sales Oops...here's the site: = http://quotes.freerealtime.com/rt/frt/R?IM=3Dquotes&symbol=3D&type=3DTime= %26Sales&action=3DGo%21 ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Friday, January 11, 2002 9:29 AM Subject: Time & Sales Finally...a free site that lets you see the actual time & sales data = from the day. Take a look and see if big blocks are trading. Katherine ------=_NextPart_000_0044_01C19A8C.C292E3F0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
p.s. Me again ... just checked the = FreeRealTime=20 quote page. I like!
----- Original Message -----
From:=20 Katherine=20 Malm
Sent: Friday, January 11, 2002 = 7:30=20 AM
Subject: [CANSLIM] Re: Time = &=20 Sales

Oops...here's the site:
 
http://quotes.freerealtime.c= om/rt/frt/R?IM=3Dquotes&symbol=3D&type=3DTime%26Sales&action=3D= Go%21
----- Original Message -----
From:=20 Katherine=20 Malm
Sent: Friday, January 11, = 2002 9:29=20 AM
Subject: Time & = Sales

Finally...a free site that lets you see the actual time & = sales=20 data from the day. Take a look and see if big blocks are = trading.
 
Katherine
------=_NextPart_000_0044_01C19A8C.C292E3F0-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Mhboatman@aol.com Subject: Re: [CANSLIM] Opinions on KKD? Date: 11 Jan 2002 14:22:13 EST John C. First of all I am not a true CANSLIMer. I I have been in the stock market as more of a hobby since we first purchased Sagamo Electric in about 1968. Most of our money has come from real estate investments -- raw land for residential development and investments in apartments buildings. In the past 25 months I have been paying dues to the market gods to learn trading. I have not passed the course yet much less graduated. So my opinions are not necessarily consistent with other posts one finds on this site. KKD and CANSLIM; Others may feel KKD is a CANSLIM stock. It is not for me mainly because of S. When I am seeking a CANSLIM investment I generally seek stocks capitalized between 5 to 20 million shares. When (or if) a stock seeks to breakout it will be because of demand relative to supply. At 53 million shares outstanding (38 in float), it would take a substantial institutional effort to move the stock in a manner generally desired with CONSLIM. Also look at the pattern. I fail to see the desired clean, smoothly formed cup which makes me expect any handle formed would be suspect and subsequent breakout failure prone. In fact, if a cup and handle forms and we see a quick run up in price I'll be out at the first sign of weakness. I believe this stock will be a steady growe, maybe tending to became a saw-toothed LLUR in the months ahead. You mentioned your concern for M at this time. Well, in my opinion we are already in the very early stages of a new bull market that we expect will be generally up as the tech stocks start promising increased earnings. I hope to be fully invested again before the end of the month. Now this all worth what you are paying for it. I can also share with you that I am correct about half the time -- my desire is to make more money on the stocks that go up in value than I loose in the picks that go down. Good luck! Howard - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Cefaloni, John L Jr. [AMSTA-AR-WEA]" Subject: RE: [CANSLIM] Opinions on KKD? Date: 11 Jan 2002 14:43:53 -0500 Howard, Thanks again for your comments and best of luck in your investments. Let me know if you can get me a "CANSLIM Message Board price break" on a couple of acres in north Jersey for residential development! The rest of you wolves STAY AWAY ;) JC -----Original Message----- Sent: Friday, January 11, 2002 2:22 PM John C. First of all I am not a true CANSLIMer. I I have been in the stock market as more of a hobby since we first purchased Sagamo Electric in about 1968. Most of our money has come from real estate investments -- raw land for residential development and investments in apartments buildings. In the past 25 months I have been paying dues to the market gods to learn trading. I have not passed the course yet much less graduated. So my opinions are not necessarily consistent with other posts one finds on this site. KKD and CANSLIM; Others may feel KKD is a CANSLIM stock. It is not for me mainly because of S. When I am seeking a CANSLIM investment I generally seek stocks capitalized between 5 to 20 million shares. When (or if) a stock seeks to breakout it will be because of demand relative to supply. At 53 million shares outstanding (38 in float), it would take a substantial institutional effort to move the stock in a manner generally desired with CONSLIM. Also look at the pattern. I fail to see the desired clean, smoothly formed cup which makes me expect any handle formed would be suspect and subsequent breakout failure prone. In fact, if a cup and handle forms and we see a quick run up in price I'll be out at the first sign of weakness. I believe this stock will be a steady growe, maybe tending to became a saw-toothed LLUR in the months ahead. You mentioned your concern for M at this time. Well, in my opinion we are already in the very early stages of a new bull market that we expect will be generally up as the tech stocks start promising increased earnings. I hope to be fully invested again before the end of the month. Now this all worth what you are paying for it. I can also share with you that I am correct about half the time -- my desire is to make more money on the stocks that go up in value than I loose in the picks that go down. Good luck! Howard - -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. ------------------------------------------------------------------------------- From: Dave Cameron Subject: [CANSLIM] The mole Date: 11 Jan 2002 12:00:08 -0800 (PST) FWIW, I thought the article on Tom was well done. I believe I understand his philosophy pretty well, and the article was consistent with it. I knew we had people from IBD on the list from time to time, never tried to figure out who. BTW, thanks to Katherine and all for pointing it out. I tend not to read page B15. I concentrate on section A, and then look up my stocks - or stocks to buy - but usually don't get back that far. I would have missed it. ===== Dave Cameron dfcameron@yahoo.com __________________________________________________ Do You Yahoo!? Send FREE video emails in Yahoo! Mail! http://promo.yahoo.com/videomail/ - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Dave Cameron Subject: [CANSLIM] Reading a couple of months of archives. Date: 11 Jan 2002 12:36:41 -0800 (PST) --- Katherine Malm wrote: > Thanks for the kind words, John. Before joining the list, I read a > couple of months of archives.... Wow - that's great. I think its fantastic when people read the archives. There have been a lot of topics discussed on this list. I don't contribute much any more; used to be prolific (Tom can attest) - I still try to read a bunch. We need a "Best of CANSLIM". Maybe for my next project.... ===== Dave Cameron dfcameron@yahoo.com __________________________________________________ Do You Yahoo!? Send FREE video emails in Yahoo! Mail! http://promo.yahoo.com/videomail/ - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Patrick Wahl" Subject: RE: [CANSLIM] ASIA? Date: 11 Jan 2002 13:52:29 -0700 I think we went around about this subject a few months ago, but I would put a different interpretation on the chart. I think the 12/4 spike marked the end of the right side of the cup, and the choppy sideways movement from that point constitutes a handle. So buying on 12/4 was not the proper buy point. The more appropriate buy point would be the day in January where price gapped up to close at about 20.90 or so. To me the formation of a handle part way up a cup doesn't make sense. Handles form at logical sell points, and the logical sell point is the resistance formed at the old high - the left side of the cup around end of June, first of July. Without a sort of definite point like an old high, any consolidation point along the way up the right side of the cup can be called a handle. Just my interpretation, I think during the discussion of this point a few months ago I was in a decided minority (one, maybe). On 10 Jan 2002 at 23:30, Dave wrote: > In hindsight if I had been watching ASIA on 12/4 I probably would have > bought. If you consider 11/27 to be the start of a short handle, the pivot > would be 17.33 and the stock could have been bought up to 18.20. In this > case, you would still be in the stock. > > As for now, it's definitely a gamble. Personally I like the month-long > consolidation and the near record volume over the past few days, and think > that if the Nasdaq resumes its rally, there's a good chance ASIA will go > along for the ride. > > > > -----Original Message----- > > From: owner-canslim@lists.xmission.com > > [mailto:owner-canslim@lists.xmission.com]On Behalf Of esetser > > Sent: Thursday, January 10, 2002 11:51 PM > > To: canslim@lists.xmission.com > > Subject: RE: [CANSLIM] ASIA? > > > > > > So you only consider cup with handles as true breakouts? I buy > > cups, cup > > with handles, double bottoms, and flat bases, maybe others. > > > > At 10:44 PM 1/10/02 -0500, you wrote: > > >I'm biased, but I prefer to see it as a high handle beginning > > on 12/6. The > > >volume that day was not so great, and there was no true > > handle, so I don't > > >consider it a true breakout. > > > > > >The handle beginning after that failure is nice and long and > > volume dried > > >up nicely towards the end. The volume on 1/6-1/7 was very high. > > > > > >Only time will tell the true story... > > > > > >> -----Original Message----- > > >> From: owner-canslim@lists.xmission.com > > >> [mailto:owner-canslim@lists.xmission.com]On Behalf Of esetser > > >> Sent: Thursday, January 10, 2002 11:25 PM > > >> To: canslim@lists.xmission.com > > >> Subject: Re: [CANSLIM] ASIA? > > >> > > >> > > >> I read this one differently. I see ASIA as a stock with a > > breakout to a > > >> new on 12/6. (And as a matter of fact, I bot it that day.) > > >> That breakout > > >> became suspect as the stock corrected and closed near its > > low during the > > >> day, and went on to be a failed breakout for anyone buying > > in during the > > >> day. The action since then is short of the 5 weeks minimum to > > >> define a new > > >> base, and is confusing in light of the new high it set.. I'm > > >> not sure where > > >> I would put a pivot on this one. The volume was fabulous for 2 > > >> days, but > > >> has remained almost as high for the last 2 day pullback, so I > > >> would be very > > >> cautious. > > >> > > >> At 04:58 PM 1/10/02 -0500, you wrote: > > >> >Hi, > > >> > > > >> >Just curious on comment about ASIA. Last few days it looked > > >> to be breaking > > >> >out of a nice chart formation. Alas, it seems to be > > breaking down or > > >> >allowing for another re-entry point. Any thoughts? > > >> > > > >> >Is this stock considered Canslim "worthy" even though it has > > >> seen higher > > >> >days (ie. not breaking to new highs)? > > >> > > > >> >Thanks, > > >> >Erik > > >> >PS. Forgive me if this has been the topic of recent > > >> discussion. I just moved > > >> >and missed the last week of my Canslim Group emails. > > >> > > > >> >----- Original Message ----- > > >> >From: "Mike Hofmann" > > >> >To: > > >> >Sent: Thursday, January 10, 2002 1:08 PM > > >> >Subject: Re: AW: [CANSLIM] DFXI > > >> > > > >> > > > >> >> ... and still more than you really wanted to know about "kudos": > > >> >> > > >> >> From a really cool site called "Take Our Word For It" > > >> >> (http://www.takeourword.com/): > > >> >> > > >> >> "Kudos is simply Greek for "praise". It is thought to > > have entered > > >> >English > > >> >> as university slang. By 1799 we have a back-formed verb > > kudize "to > > >> >praise", > > >> >> so kudos itself was probably in use prior to that, though > > >> the first known > > >> >> recorded use of kudos comes from 1831. Thereafter we find > > >> it used by the > > >> >> likes of Disraeli and Darwin. Darwin wrote, in one of his > > >> letters: "Lyell > > >> >> has read about half of the volume in clean sheets, and gives > > >> me very great > > >> >> kudos." > > >> >> > > >> >> Pronunciation in Britain is "cue-doss" while in America it > > >> is "koo-doze". > > >> >> As with many Greek words, -os indicates a singular noun. > > Many people > > >> >assume > > >> >> kudos is the plural form, with the singular being a > > kudo. They are > > >> >wrong. > > >> >> Just wrong. > > >> >> > > >> >> There was once a computer operating system called QDOS. Was > > >> it named by a > > >> >> Brit, so that it sounded like kudos, or is that simply a > > >> coincidence?" > > >> >> > > >> >> ... and there you have it. > > >> >> > > >> >> > > >> >> ----- Original Message ----- > > >> >> From: "Warren Keuffel" > > >> >> To: > > >> >> Sent: Wednesday, January 09, 2002 8:23 PM > > >> >> Subject: Re: AW: [CANSLIM] DFXI > > >> >> > > >> >> > > >> >> > Jumping in here for Mike -- "Kudos" basically means > > >> "Congratulations". > > >> >> > However I was curious about the etymology of the word so > > >> >> > consulted my American Heritage dictionary which defines it > > >> as "Acclaim > > >> >> > or prestige as a result of achievement or position." But > > >> no guidance on > > >> >> > etymology, darn it. More than you wanted to know, right? > > >> >> > > > >> >> > Warren > > >> >> > > > >> >> > Andreas Himmelreich wrote: > > >> >> > > > >> >> > >Sorry to ask Mike, what means Kudos? > > >> >> > > > > >> >> > > > > >> >> > >>-----Ursprungliche Nachricht----- > > >> >> > >>Von: Mike Gibbons [SMTP:webmaster@cwhcharts.com] > > >> >> > >>Gesendet am: Wednesday, January 09, 2002 7:08 PM > > >> >> > >>An: canslim@lists.xmission.com > > >> >> > >>Betreff: RE: [CANSLIM] DFXI > > >> >> > >> > > >> >> > >>Kudos to you, you should be feeling pleased this morning > > >> and justly > > >> >so. > > >> >> > >> > > >> >> > >>Aloha, > > >> >> > >> > > >> >> > >>Mike Gibbons > > >> >> > >> > > >> >> > >> > > >> >> > >> > > >> >> > >>-----Original Message----- > > >> >> > >>From: owner-canslim@lists.xmission.com > > >> >> > >>[mailto:owner-canslim@lists.xmission.com]On Behalf Of Dave > > >> >> > >>Sent: Wednesday, January 09, 2002 5:29 AM > > >> >> > >>To: canslim@lists.xmission.com > > >> >> > >>Subject: RE: [CANSLIM] DFXI > > >> >> > >> > > >> >> > >> > > >> >> > >>True, the handle was a bit sloppy but for the most part > > >> volume in the > > >> >> > >>handle was below normal. It also made a pretty nice ascending > > >> >triangle. > > >> >> > >> > > >> >> > >>As for the action at the end of the day, I think you're > > >> reading too > > >> >much > > >> >> > >>into it. The stock made a tremendous surge on volume in > > >> the last half > > >> >> hour > > >> >> > >>of trading. It then pulled back on lower volume but > > >> didn't undercut > > >> >that > > >> >> > >>"intraday breakout point". It then found some new buyers > > >> at the very > > >> >end > > >> >> > >>of the session. > > >> >> > >> > > >> >> > >>You can find flaws in any chart formation. I've > > missed many huge > > >> >winners > > >> >> > >>by refusing to buy what I perceived as a flawed handle, > > >> or by putting > > >> >> too > > >> >> > >>much weight on intraday analysis. Even IBD will go on to > > >> call "perfect > > >> >> > >>cup-handle breakouts" on stocks that have somewhat > > questionable > > >> >> > >>formations. I won't be surprised to see DFXI mentioned > > >> tomorrow as a > > >> >> good > > >> >> > >>example. > > >> >> > >> > > >> >> > >>Of course hindsight is 20/20. Nevertheless I'm glad I > > >> bought yesterday > > >> >> :) > > >> >> > >> > > >> >> > >> > > >> >> > >>>>Yes it did but fell back below it's high of the day. Also, > > >> >> > >>>> > > >> >> > >>>action in the > > >> >> > >>> > > >> >> > >>>>handle has been sloppy - one normally hopes to see price > > >> >> > >>>> > > >> >> > >>>pullback on falling > > >> >> > >>> > > >> >> > >>>>volume but in fact it's made a couple of attempts to BO on > > >> >> > >>>> > > >> >> > >>>above average > > >> >> > >>> > > >> >> > >>>>volume since forming the pivot on 12/10. I wouldn't > > >> rush in with an > > >> >> > >>>>overnight order! > > >> >> > >>>> > > >> >> > >>>>Mike Gibbons > > >> >> > >>>> > > >> >> > >> > > >> >> > >>- > > >> >> > >>-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. > > >> >> > > > > >> >> > > > > >> >> > > > > >> >> > > > >> >> > > > >> >> > > > >> >> > - > > >> >> > -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!? > > >> >Get your free @yahoo.com address at http://mail.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. > > > > > > > > > > > > - > > -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. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] ASIA? Date: 11 Jan 2002 15:14:31 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_0051_01C19AB2.AB8D39A0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Just an experiment, but here's a marked chart: http://photos.yahoo.com/bc/katherinemalm/vwp?.dir=3D/CANSLIM&.dnm=3DASIA+= 011102.jpg&.src=3Dph&.done=3Dhttp%3a//photos.yahoo.com/bc/katherinemalm/v= wp%3f.dir=3D/CANSLIM%26.dnm=3DUp%2bDn%2bRatio%2bArticle%2b123101.jpg%26.s= rc=3Dph Katherine ----- Original Message -----=20 From: Patrick Wahl=20 To: canslim@lists.xmission.com=20 Sent: Friday, January 11, 2002 2:52 PM Subject: RE: [CANSLIM] ASIA? I think we went around about this subject a few months ago, but I = would put a=20 different interpretation on the chart. I think the 12/4 spike marked = the end of the=20 right side of the cup, and the choppy sideways movement from that = point constitutes=20 a handle. So buying on 12/4 was not the proper buy point. The more appropriate buy point would be the day in January where price = gapped up=20 to close at about 20.90 or so. To me the formation of a handle part = way up a cup=20 doesn't make sense. Handles form at logical sell points, and the = logical sell point is=20 the resistance formed at the old high - the left side of the cup = around end of June,=20 first of July. Without a sort of definite point like an old high, any = consolidation point=20 along the way up the right side of the cup can be called a handle. Just my interpretation, I think during the discussion of this point a = few months ago I=20 was in a decided minority (one, maybe). =20 On 10 Jan 2002 at 23:30, Dave wrote: > In hindsight if I had been watching ASIA on 12/4 I probably would = have > bought. If you consider 11/27 to be the start of a short handle, the = pivot > would be 17.33 and the stock could have been bought up to 18.20. In = this > case, you would still be in the stock. >=20 > As for now, it's definitely a gamble. Personally I like the = month-long > consolidation and the near record volume over the past few days, and = think > that if the Nasdaq resumes its rally, there's a good chance ASIA = will go > along for the ride. >=20 >=20 > > -----Original Message----- > > From: owner-canslim@lists.xmission.com > > [mailto:owner-canslim@lists.xmission.com]On Behalf Of esetser > > Sent: Thursday, January 10, 2002 11:51 PM > > To: canslim@lists.xmission.com > > Subject: RE: [CANSLIM] ASIA? > > > > > > So you only consider cup with handles as true breakouts? I buy > > cups, cup > > with handles, double bottoms, and flat bases, maybe others. > > > > At 10:44 PM 1/10/02 -0500, you wrote: > > >I'm biased, but I prefer to see it as a high handle beginning > > on 12/6. The > > >volume that day was not so great, and there was no true > > handle, so I don't > > >consider it a true breakout. > > > > > >The handle beginning after that failure is nice and long and > > volume dried > > >up nicely towards the end. The volume on 1/6-1/7 was very high. > > > > > >Only time will tell the true story... > > > > > >> -----Original Message----- > > >> From: owner-canslim@lists.xmission.com > > >> [mailto:owner-canslim@lists.xmission.com]On Behalf Of esetser > > >> Sent: Thursday, January 10, 2002 11:25 PM > > >> To: canslim@lists.xmission.com > > >> Subject: Re: [CANSLIM] ASIA? > > >> > > >> > > >> I read this one differently. I see ASIA as a stock with a > > breakout to a > > >> new on 12/6. (And as a matter of fact, I bot it that day.) > > >> That breakout > > >> became suspect as the stock corrected and closed near its > > low during the > > >> day, and went on to be a failed breakout for anyone buying > > in during the > > >> day. The action since then is short of the 5 weeks minimum to > > >> define a new > > >> base, and is confusing in light of the new high it set.. I'm > > >> not sure where > > >> I would put a pivot on this one. The volume was fabulous for 2 > > >> days, but > > >> has remained almost as high for the last 2 day pullback, so I > > >> would be very > > >> cautious. > > >> > > >> At 04:58 PM 1/10/02 -0500, you wrote: > > >> >Hi, > > >> > > > >> >Just curious on comment about ASIA. Last few days it looked > > >> to be breaking > > >> >out of a nice chart formation. Alas, it seems to be > > breaking down or > > >> >allowing for another re-entry point. Any thoughts? > > >> > > > >> >Is this stock considered Canslim "worthy" even though it has > > >> seen higher > > >> >days (ie. not breaking to new highs)? > > >> > > > >> >Thanks, > > >> >Erik > > >> >PS. Forgive me if this has been the topic of recent > > >> discussion. I just moved > > >> >and missed the last week of my Canslim Group emails. > > >> > > > >> >----- Original Message ----- > > >> >From: "Mike Hofmann" > > >> >To: > > >> >Sent: Thursday, January 10, 2002 1:08 PM > > >> >Subject: Re: AW: [CANSLIM] DFXI > > >> > > > >> > > > >> >> ... and still more than you really wanted to know about = "kudos": > > >> >> > > >> >> From a really cool site called "Take Our Word For It" > > >> >> (http://www.takeourword.com/): > > >> >> > > >> >> "Kudos is simply Greek for "praise". It is thought to > > have entered > > >> >English > > >> >> as university slang. By 1799 we have a back-formed verb > > kudize "to > > >> >praise", > > >> >> so kudos itself was probably in use prior to that, though > > >> the first known > > >> >> recorded use of kudos comes from 1831. Thereafter we find > > >> it used by the > > >> >> likes of Disraeli and Darwin. Darwin wrote, in one of his > > >> letters: "Lyell > > >> >> has read about half of the volume in clean sheets, and gives > > >> me very great > > >> >> kudos." > > >> >> > > >> >> Pronunciation in Britain is "cue-doss" while in America it > > >> is "koo-doze". > > >> >> As with many Greek words, -os indicates a singular noun. > > Many people > > >> >assume > > >> >> kudos is the plural form, with the singular being a > > kudo. They are > > >> >wrong. > > >> >> Just wrong. > > >> >> > > >> >> There was once a computer operating system called QDOS. Was > > >> it named by a > > >> >> Brit, so that it sounded like kudos, or is that simply a > > >> coincidence?" > > >> >> > > >> >> ... and there you have it. > > >> >> > > >> >> > > >> >> ----- Original Message ----- > > >> >> From: "Warren Keuffel" > > >> >> To: > > >> >> Sent: Wednesday, January 09, 2002 8:23 PM > > >> >> Subject: Re: AW: [CANSLIM] DFXI > > >> >> > > >> >> > > >> >> > Jumping in here for Mike -- "Kudos" basically means > > >> "Congratulations". > > >> >> > However I was curious about the etymology of the = word so > > >> >> > consulted my American Heritage dictionary which defines it > > >> as "Acclaim > > >> >> > or prestige as a result of achievement or position." But > > >> no guidance on > > >> >> > etymology, darn it. More than you wanted to know, right? = > > >> >> > > > >> >> > Warren > > >> >> > > > >> >> > Andreas Himmelreich wrote: > > >> >> > > > >> >> > >Sorry to ask Mike, what means Kudos? > > >> >> > > > > >> >> > > > > >> >> > >>-----Ursprungliche Nachricht----- > > >> >> > >>Von: Mike Gibbons [SMTP:webmaster@cwhcharts.com] > > >> >> > >>Gesendet am: Wednesday, January 09, 2002 7:08 PM > > >> >> > >>An: canslim@lists.xmission.com > > >> >> > >>Betreff: RE: [CANSLIM] DFXI > > >> >> > >> > > >> >> > >>Kudos to you, you should be feeling pleased this morning > > >> and justly > > >> >so. > > >> >> > >> > > >> >> > >>Aloha, > > >> >> > >> > > >> >> > >>Mike Gibbons > > >> >> > >> > > >> >> > >> > > >> >> > >> > > >> >> > >>-----Original Message----- > > >> >> > >>From: owner-canslim@lists.xmission.com > > >> >> > >>[mailto:owner-canslim@lists.xmission.com]On Behalf Of = Dave > > >> >> > >>Sent: Wednesday, January 09, 2002 5:29 AM > > >> >> > >>To: canslim@lists.xmission.com > > >> >> > >>Subject: RE: [CANSLIM] DFXI > > >> >> > >> > > >> >> > >> > > >> >> > >>True, the handle was a bit sloppy but for the most part > > >> volume in the > > >> >> > >>handle was below normal. It also made a pretty nice = ascending > > >> >triangle. > > >> >> > >> > > >> >> > >>As for the action at the end of the day, I think you're > > >> reading too > > >> >much > > >> >> > >>into it. The stock made a tremendous surge on volume in > > >> the last half > > >> >> hour > > >> >> > >>of trading. It then pulled back on lower volume but > > >> didn't undercut > > >> >that > > >> >> > >>"intraday breakout point". It then found some new buyers > > >> at the very > > >> >end > > >> >> > >>of the session. > > >> >> > >> > > >> >> > >>You can find flaws in any chart formation. I've > > missed many huge > > >> >winners > > >> >> > >>by refusing to buy what I perceived as a flawed handle, > > >> or by putting > > >> >> too > > >> >> > >>much weight on intraday analysis. Even IBD will go on to > > >> call "perfect > > >> >> > >>cup-handle breakouts" on stocks that have somewhat > > questionable > > >> >> > >>formations. I won't be surprised to see DFXI mentioned > > >> tomorrow as a > > >> >> good > > >> >> > >>example. > > >> >> > >> > > >> >> > >>Of course hindsight is 20/20. Nevertheless I'm glad I > > >> bought yesterday > > >> >> :) > > >> >> > >> > > >> >> > >> > > >> >> > >>>>Yes it did but fell back below it's high of the day. = Also, > > >> >> > >>>> > > >> >> > >>>action in the > > >> >> > >>> > > >> >> > >>>>handle has been sloppy - one normally hopes to see = price > > >> >> > >>>> > > >> >> > >>>pullback on falling > > >> >> > >>> > > >> >> > >>>>volume but in fact it's made a couple of attempts to = BO on > > >> >> > >>>> > > >> >> > >>>above average > > >> >> > >>> > > >> >> > >>>>volume since forming the pivot on 12/10. I wouldn't > > >> rush in with an > > >> >> > >>>>overnight order! > > >> >> > >>>> > > >> >> > >>>>Mike Gibbons > > >> >> > >>>> > > >> >> > >> > > >> >> > >>- > > >> >> > >>-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. > > >> >> > > > > >> >> > > > > >> >> > > > > >> >> > > > >> >> > > > >> >> > > > >> >> > - > > >> >> > -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!? > > >> >Get your free @yahoo.com address at http://mail.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. > > > > > > > > > > > > - > > -To subscribe/unsubscribe, email "majordomo@xmission.com" > > -In the email body, write "subscribe canslim" or > > -"unsubscribe canslim". Do not use quotes in your email. > > >=20 >=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. ------=_NextPart_000_0051_01C19AB2.AB8D39A0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Just an experiment, but here's a marked chart:
 
http://photos.yahoo.com/bc/katherinemalm/vwp= ?.dir=3D/CANSLIM&.dnm=3DASIA+011102.jpg&.src=3Dph&.done=3Dhtt= p%3a//photos.yahoo.com/bc/katherinemalm/vwp%3f.dir=3D/CANSLIM%26.dnm=3DUp= %2bDn%2bRatio%2bArticle%2b123101.jpg%26.src=3Dph
 
Katherine
----- Original Message -----
From:=20 Patrick = Wahl=20
Sent: Friday, January 11, 2002 = 2:52=20 PM
Subject: RE: [CANSLIM] = ASIA?

I think we went around about this subject a few months = ago, but=20 I would put a
different interpretation on the chart.  I think = the=20 12/4 spike marked the end of the
right side of the cup, and the = choppy=20 sideways movement from that point constitutes
a handle.  So = buying on=20 12/4 was not the proper buy point.

The more appropriate buy = point would=20 be the day in January where price gapped up
to close at about = 20.90 or=20 so.  To me the formation of a handle part way up a cup =
doesn't make=20 sense.  Handles form at logical sell points, and the logical sell = point=20 is
the resistance formed at the old high - the left side of the = cup around=20 end of June,
first of July.  Without a sort of definite point = like an=20 old high, any consolidation point
along the way up the right side = of the=20 cup can be called a handle.

Just my interpretation, I think = during the=20 discussion of this point a few months ago I
was in a decided = minority=20 (one, maybe). 

On 10 Jan 2002 at 23:30, Dave = wrote:

>=20 In hindsight if I had been watching ASIA on 12/4 I probably would = have
>=20 bought. If you consider 11/27 to be the start of a short handle, the=20 pivot
> would be 17.33 and the stock could have been bought up = to 18.20.=20 In this
> case, you would still be in the stock.
> =
> As for=20 now, it's definitely a gamble. Personally I like the = month-long
>=20 consolidation and the near record volume over the past few days, and=20 think
> that if the Nasdaq resumes its rally, there's a good = chance ASIA=20 will go
> along for the ride.
>
>
> >=20 -----Original Message-----
> > From: owner-canslim@lists.xmis= sion.com
>=20 > [mailto:owner-canslim@lists.xmission.com]On Behalf Of = esetser
>=20 > Sent: Thursday, January 10, 2002 11:51 PM
> > To: canslim@lists.xmission.com=
>=20 > Subject: RE: [CANSLIM] ASIA?
> >
> >
> = > So=20 you only consider cup with handles as true breakouts?  I = buy
> >=20 cups, cup
> > with handles, double bottoms, and flat bases, = maybe=20 others.
> >
> > At 10:44 PM 1/10/02 -0500, you=20 wrote:
> > >I'm biased, but I prefer to see it as a high = handle=20 beginning
> > on 12/6. The
> > >volume that day = was not=20 so great, and there was no true
> > handle, so I = don't
> >=20 >consider it a true breakout.
> > >
> > = >The handle=20 beginning after that failure is nice and long and
> > volume=20 dried
> > >up nicely towards the end. The volume on = 1/6-1/7 was=20 very high.
> > >
> > >Only time will tell the = true=20 story...
> > >
> > >> -----Original=20 Message-----
> > >> From: owner-canslim@lists.xmis= sion.com
>=20 > >> [mailto:owner-canslim@lists.xmission.com]On Behalf Of=20 esetser
> > >> Sent: Thursday, January 10, 2002 11:25=20 PM
> > >> To: canslim@lists.xmission.com=
>=20 > >> Subject: Re: [CANSLIM] ASIA?
> > = >>
> >=20 >>
> > >> I read this one differently.  I = see ASIA=20 as a stock with a
> > breakout to a
> > >> new = on=20 12/6.  (And as a matter of fact, I bot it that day.)
> > = >> That breakout
> > >> became suspect as the = stock=20 corrected and closed near its
> > low during the
> > = >> day, and went on to be a failed breakout for anyone = buying
>=20 > in during the
> > >> day.  The action since = then is=20 short of the 5 weeks minimum to
> > >> define a = new
>=20 > >> base, and is confusing in light of the new high it set.. = I'm
> > >> not sure where
> > >> I would = put a=20 pivot on this one.  The volume was fabulous for 2
> > = >>=20 days, but
> > >> has remained almost as high for the = last 2 day=20 pullback, so I
> > >> would be very
> > = >>=20 cautious.
> > >>
> > >> At 04:58 PM = 1/10/02=20 -0500, you wrote:
> > >> >Hi,
> > >>=20 >
> > >> >Just curious on comment about = ASIA.  Last=20 few days it looked
> > >> to be breaking
> > = >>=20 >out of a nice chart formation.  Alas, it seems to be
> = >=20 breaking down or
> > >> >allowing for another = re-entry=20 point.  Any thoughts?
> > >> >
> > = >>=20 >Is this stock considered Canslim "worthy" even though it = has
> >=20 >> seen higher
> > >> >days (ie. not breaking = to new=20 highs)?
> > >> >
> > >> = >Thanks,
>=20 > >> >Erik
> > >> >PS. Forgive me if = this has=20 been the topic of recent
> > >> discussion. I just=20 moved
> > >> >and missed the last week of my Canslim = Group=20 emails.
> > >> >
> > >> >----- = Original=20 Message -----
> > >> >From: "Mike Hofmann" <sfmcanslim@hotmail.com>
= >=20 > >> >To: <canslim@lists.xmission.com= >
>=20 > >> >Sent: Thursday, January 10, 2002 1:08 PM
> = >=20 >> >Subject: Re: AW: [CANSLIM] DFXI
> > >>=20 >
> > >> >
> > >> >> ... and = still=20 more than you really wanted to know about "kudos":
> > = >>=20 >>
> > >> >> From a really cool site called = "Take=20 Our Word For It"
> > >> >> (http://www.takeourword.com/):>=20 > >> >>
> > >> >> "Kudos is simply = Greek=20 for "praise".  It is thought to
> > have entered
> = >=20 >> >English
> > >> >> as university = slang. =20 By 1799 we have a back-formed verb
> > kudize "to
> = >=20 >> >praise",
> > >> >> so kudos itself = was=20 probably in use prior to that, though
> > >> the first=20 known
> > >> >> recorded use of kudos comes from=20 1831.  Thereafter we find
> > >> it used by = the
>=20 > >> >> likes of Disraeli and Darwin.  Darwin = wrote, in=20 one of his
> > >> letters: "Lyell
> > >> = >> has read about half of the volume in clean sheets, and = gives
>=20 > >> me very great
> > >> >> = kudos."
>=20 > >> >>
> > >> >> Pronunciation in = Britain=20 is "cue-doss" while in America it
> > >> is = "koo-doze".
>=20 > >> >> As with many Greek words, -os indicates a = singular=20 noun.
> > Many people
> > >> = >assume
> >=20 >> >> kudos is the  plural form, with the singular = being=20 a
> > kudo.  They are
> > >> = >wrong.
>=20 > >> >> Just wrong.
> > >> = >>
> >=20 >> >> There was once a computer operating system called=20 QDOS.  Was
> > >> it named by a
> > = >>=20 >> Brit, so that it sounded like kudos, or is that simply = a
> >=20 >> coincidence?"
> > >> >>
> > = >>=20 >> ... and there you have it.
> > >> = >>
>=20 > >> >>
> > >> >> ----- Original = Message=20 -----
> > >> >> From: "Warren Keuffel" <wkeuffel@xmission.com>
&g= t; >=20 >> >> To: <canslim@lists.xmission.com= >
>=20 > >> >> Sent: Wednesday, January 09, 2002 8:23 = PM
> >=20 >> >> Subject: Re: AW: [CANSLIM] DFXI
> > = >>=20 >>
> > >> >>
> > >> >> = >=20 Jumping in here for Mike -- "Kudos" basically means
> > = >>=20 "Congratulations".
> > >> >> >  However=20 <ahem> I was curious about the etymology of the word so
> = >=20 >> >> > consulted my American Heritage dictionary which = defines=20 it
> > >> as  "Acclaim
> > >> = >> >=20 or prestige as a result of achievement or position." But
> > = >>=20 no guidance on
> > >> >> > etymology, darn = it. =20 More than you wanted to know, right? <g>
> > >> = >>=20 >
> > >> >> > Warren
> > >> = >>=20 >
> > >> >> > Andreas Himmelreich = wrote:
>=20 > >> >> >
> > >> >> > = >Sorry to=20 ask Mike, what means Kudos?
> > >> >> > = >
>=20 > >> >> > >
> > >> >> >=20 >>-----Ursprungliche Nachricht-----
> > >> = >> >=20 >>Von: Mike Gibbons [SMTP:webmaster@cwhcharts.com]
> > = >>=20 >> > >>Gesendet am: Wednesday, January 09, 2002 7:08 = PM
>=20 > >> >> > >>An: canslim@lists.xmission.com=
>=20 > >> >> > >>Betreff: RE: [CANSLIM] = DFXI
> >=20 >> >> > >>
> > >> >> >=20 >>Kudos to you, you should be feeling pleased this = morning
> >=20 >> and justly
> > >> >so.
> > = >>=20 >> > >>
> > >> >> >=20 >>Aloha,
> > >> >> > >>
> = >=20 >> >> > >>Mike Gibbons
> > >> = >>=20 > >>
> > >> >> > >>
> = >=20 >> >> > >>
> > >> >> >=20 >>-----Original Message-----
> > >> >> > = >>From: owner-canslim@lists.xmis= sion.com
>=20 > >> >> >=20 >>[mailto:owner-canslim@lists.xmission.com]On Behalf Of = Dave
>=20 > >> >> > >>Sent: Wednesday, January 09, 2002 = 5:29=20 AM
> > >> >> > >>To: canslim@lists.xmission.com=
>=20 > >> >> > >>Subject: RE: [CANSLIM] = DFXI
> >=20 >> >> > >>
> > >> >> >=20 >>
> > >> >> > >>True, the handle = was a=20 bit sloppy but for the most part
> > >> volume in = the
>=20 > >> >> > >>handle was below normal. It also = made a=20 pretty nice ascending
> > >> >triangle.
> > = >> >> > >>
> > >> >> > = >>As=20 for the action at the end of the day, I think you're
> > = >>=20 reading too
> > >> >much
> > >> = >> >=20 >>into it. The stock made a tremendous surge on volume = in
> >=20 >> the last half
> > >> >> hour
> = >=20 >> >> > >>of trading. It then pulled back on = lower volume=20 but
> > >> didn't undercut
> > >>=20 >that
> > >> >> > >>"intraday = breakout=20 point". It then found some new buyers
> > >> at the=20 very
> > >> >end
> > >> >> > = >>of the session.
> > >> >> > = >>
>=20 > >> >> > >>You can find flaws in any chart = formation.=20 I've
> > missed many huge
> > >> = >winners
>=20 > >> >> > >>by refusing to buy what I = perceived as a=20 flawed handle,
> > >> or by putting
> > = >>=20 >> too
> > >> >> > >>much weight = on=20 intraday analysis. Even IBD will go on to
> > >> call=20 "perfect
> > >> >> > >>cup-handle = breakouts" on=20 stocks that have somewhat
> > questionable
> > = >>=20 >> > >>formations. I won't be surprised to see DFXI=20 mentioned
> > >> tomorrow as a
> > >> = >>=20 good
> > >> >> > >>example.
> > = >> >> > >>
> > >> >> > = >>Of=20 course hindsight is 20/20. Nevertheless I'm glad I
> > = >>=20 bought yesterday
> > >> >> :)
> > = >>=20 >> > >>
> > >> >> > = >>
>=20 > >> >> > >>>>Yes it did but fell back = below=20 it's high of the day. Also,
> > >> >> >=20 >>>>
> > >> >> > = >>>action in=20 the
> > >> >> > >>>
> > = >>=20 >> > >>>>handle has been sloppy - one normally = hopes to=20 see price
> > >> >> > >>>>
> = >=20 >> >> > >>>pullback on falling
> > = >>=20 >> > >>>
> > >> >> >=20 >>>>volume but in fact it's made a couple of attempts to = BO=20 on
> > >> >> > >>>>
> > = >>=20 >> > >>>above average
> > >> >> = >=20 >>>
> > >> >> > = >>>>volume since=20 forming the pivot on 12/10. I wouldn't
> > >> rush in = with=20 an
> > >> >> > >>>>overnight=20 order!
> > >> >> > >>>>
> = >=20 >> >> > >>>>Mike Gibbons
> > = >>=20 >> > >>>>
> > >> >> >=20 >>
> > >> >> > >>-
> > = >>=20 >> > >>-To subscribe/unsubscribe, email "majordomo@xmission.com"
>= ; >=20 >> >> > >>-In the email body, write "subscribe = canslim"=20 or
> > >> >> > >>-"unsubscribe = canslim". =20 Do not use quotes in your email.
> > >> >> >=20 >>
> > >> >> > >>
> > = >>=20 >> > >>
> > >> >> > = >>-
>=20 > >> >> > >>-To subscribe/unsubscribe, email = "majordomo@xmission.com"
>= ; >=20 >> >> > >>-In the email body, write "subscribe = canslim"=20 or
> > >> >> > >>-"unsubscribe = canslim". =20 Do not use quotes in your email.
> > >> >> >=20 >>
> > >> >> > >
> > = >>=20 >> > >-
> > >> >> > >-To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
>= ; >=20 >> >> > >-In the email body, write "subscribe = canslim"=20 or
> > >> >> > >-"unsubscribe = canslim".  Do=20 not use quotes in your email.
> > >> >> > = >
>=20 > >> >> > >
> > >> >> >=20 >
> > >> >> >
> > >> = >>=20 >
> > >> >> >
> > >> = >> >=20 -
> > >> >> > -To subscribe/unsubscribe, email = "majordomo@xmission.com"
>= ; >=20 >> >> > -In the email body, write "subscribe canslim"=20 or
> > >> >> > -"unsubscribe canslim".  = Do not=20 use quotes in your email.
> > >> >> >
> = >=20 >> >>
> > >> >> -
> > = >>=20 >> -To subscribe/unsubscribe, email "majordomo@xmission.com"
>= ; >=20 >> >> -In the email body, write "subscribe canslim" = or
>=20 > >> >> -"unsubscribe canslim".  Do not use quotes = in your=20 email.
> > >> >
> > >> >
> = >=20 >> = >_________________________________________________________
>=20 > >> >Do You Yahoo!?
> > >> >Get your = free=20 @yahoo.com address at http://mail.yahoo.com
> > = >>=20 >
> > >> >
> > >> >-
> = >=20 >> >-To subscribe/unsubscribe, email "majordomo@xmission.com"
>= ; >=20 >> >-In the email body, write "subscribe canslim" or
> = >=20 >> >-"unsubscribe canslim".  Do not use quotes in your=20 email.
> > >> >
> > >> >
> = >=20 >>
> > >>
> > >> -
> > = >>=20 -To subscribe/unsubscribe, email "majordomo@xmission.com"
>= ; >=20 >> -In the email body, write "subscribe canslim" or
> > = >> -"unsubscribe canslim".  Do not use quotes in your=20 email.
> > >>
> > >
> > = >
> >=20 >-
> > >-To subscribe/unsubscribe, email "majordomo@xmission.com"
>= ; >=20 >-In the email body, write "subscribe canslim" or
> >=20 >-"unsubscribe canslim".  Do not use quotes in your = email.
>=20 > >
> > >
> >
> >
> > = -
>=20 > -To subscribe/unsubscribe, email "majordomo@xmission.com"
>= ; >=20 -In the email body, write "subscribe canslim" or
> > = -"unsubscribe=20 canslim".  Do not use quotes in your email.
> >
> =
>=20
> -
> -To subscribe/unsubscribe, email "majordomo@xmission.com"
>= ; -In=20 the email body, write "subscribe canslim" or
> -"unsubscribe=20 canslim".  Do not use quotes in your = email.



-
-To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your email. ------=_NextPart_000_0051_01C19AB2.AB8D39A0-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Patrick Wahl" Subject: Re: [CANSLIM] ASIA? Date: 11 Jan 2002 15:15:22 -0700 Wow, that's some link. Here is a suggestion on long links, I've only used it once, but it seemed to work. http://www.makeashorterlink.com/index.php Thanks for the chart. I'll stick with my interpretation, but I'll add that the handle seems a little loose, not ideal. I would say the breakout fails around 19, a 7 to 8% drop in price from the breakout. I think the pivot point was close to 20.25 or so, I tend to discount those intraday spikes, if they occur, and use the close, so that would not take the Dec. 4 (or whichever date it was) high into account, just the close. Not sure this is a legitimate approach, just a personal quirk maybe. Anyway, I think that anyone in this stock should stick with it a bit longer. On 11 Jan 2002 at 15:14, Katherine Malm wrote: > Just an experiment, but here's a marked chart: > > http://photos.yahoo.com/bc/katherinemalm/vwp?.dir=/CANSLIM&.dnm=ASIA+011102.jpg&.src=ph&.done=http%3a//photos.yahoo.com/bc/katherinemalm/vwp%3f.dir=/CANSLIM%26.dnm=Up%2bDn%2bRatio%2bArticle%2b123101.jpg%26.src=ph > > Katherine > ----- Original Message ----- > From: Patrick Wahl > To: canslim@lists.xmission.com > Sent: Friday, January 11, 2002 2:52 PM > Subject: RE: [CANSLIM] ASIA? > > > I think we went around about this subject a few months ago, but I would put a > different interpretation on the chart. I think the 12/4 spike marked the end of the > right side of the cup, and the choppy sideways movement from that point constitutes > a handle. So buying on 12/4 was not the proper buy point. > > The more appropriate buy point would be the day in January where price gapped up > to close at about 20.90 or so. To me the formation of a handle part way up a cup > doesn't make sense. Handles form at logical sell points, and the logical sell point is > the resistance formed at the old high - the left side of the cup around end of June, > first of July. Without a sort of definite point like an old high, any consolidation point > along the way up the right side of the cup can be called a handle. > > Just my interpretation, I think during the discussion of this point a few months ago I > was in a decided minority (one, maybe). > > On 10 Jan 2002 at 23:30, Dave wrote: > > > In hindsight if I had been watching ASIA on 12/4 I probably would have > > bought. If you consider 11/27 to be the start of a short handle, the pivot > > would be 17.33 and the stock could have been bought up to 18.20. In this > > case, you would still be in the stock. > > > > As for now, it's definitely a gamble. Personally I like the month-long > > consolidation and the near record volume over the past few days, and think > > that if the Nasdaq resumes its rally, there's a good chance ASIA will go > > along for the ride. > > > > > > > -----Original Message----- > > > From: owner-canslim@lists.xmission.com > > > [mailto:owner-canslim@lists.xmission.com]On Behalf Of esetser > > > Sent: Thursday, January 10, 2002 11:51 PM > > > To: canslim@lists.xmission.com > > > Subject: RE: [CANSLIM] ASIA? > > > > > > > > > So you only consider cup with handles as true breakouts? I buy > > > cups, cup > > > with handles, double bottoms, and flat bases, maybe others. > > > > > > At 10:44 PM 1/10/02 -0500, you wrote: > > > >I'm biased, but I prefer to see it as a high handle beginning > > > on 12/6. The > > > >volume that day was not so great, and there was no true > > > handle, so I don't > > > >consider it a true breakout. > > > > > > > >The handle beginning after that failure is nice and long and > > > volume dried > > > >up nicely towards the end. The volume on 1/6-1/7 was very high. > > > > > > > >Only time will tell the true story... > > > > > > > >> -----Original Message----- > > > >> From: owner-canslim@lists.xmission.com > > > >> [mailto:owner-canslim@lists.xmission.com]On Behalf Of esetser > > > >> Sent: Thursday, January 10, 2002 11:25 PM > > > >> To: canslim@lists.xmission.com > > > >> Subject: Re: [CANSLIM] ASIA? > > > >> > > > >> > > > >> I read this one differently. I see ASIA as a stock with a > > > breakout to a > > > >> new on 12/6. (And as a matter of fact, I bot it that day.) > > > >> That breakout > > > >> became suspect as the stock corrected and closed near its > > > low during the > > > >> day, and went on to be a failed breakout for anyone buying > > > in during the > > > >> day. The action since then is short of the 5 weeks minimum to > > > >> define a new > > > >> base, and is confusing in light of the new high it set.. I'm > > > >> not sure where > > > >> I would put a pivot on this one. The volume was fabulous for 2 > > > >> days, but > > > >> has remained almost as high for the last 2 day pullback, so I > > > >> would be very > > > >> cautious. > > > >> > > > >> At 04:58 PM 1/10/02 -0500, you wrote: > > > >> >Hi, > > > >> > > > > >> >Just curious on comment about ASIA. Last few days it looked > > > >> to be breaking > > > >> >out of a nice chart formation. Alas, it seems to be > > > breaking down or > > > >> >allowing for another re-entry point. Any thoughts? > > > >> > > > > >> >Is this stock considered Canslim "worthy" even though it has > > > >> seen higher > > > >> >days (ie. not breaking to new highs)? > > > >> > > > > >> >Thanks, > > > >> >Erik > > > >> >PS. Forgive me if this has been the topic of recent > > > >> discussion. I just moved > > > >> >and missed the last week of my Canslim Group emails. > > > >> > > > > >> >----- Original Message ----- > > > >> >From: "Mike Hofmann" > > > >> >To: > > > >> >Sent: Thursday, January 10, 2002 1:08 PM > > > >> >Subject: Re: AW: [CANSLIM] DFXI > > > >> > > > > >> > > > > >> >> ... and still more than you really wanted to know about "kudos": > > > >> >> > > > >> >> From a really cool site called "Take Our Word For It" > > > >> >> (http://www.takeourword.com/): > > > >> >> > > > >> >> "Kudos is simply Greek for "praise". It is thought to > > > have entered > > > >> >English > > > >> >> as university slang. By 1799 we have a back-formed verb > > > kudize "to > > > >> >praise", > > > >> >> so kudos itself was probably in use prior to that, though > > > >> the first known > > > >> >> recorded use of kudos comes from 1831. Thereafter we find > > > >> it used by the > > > >> >> likes of Disraeli and Darwin. Darwin wrote, in one of his > > > >> letters: "Lyell > > > >> >> has read about half of the volume in clean sheets, and gives > > > >> me very great > > > >> >> kudos." > > > >> >> > > > >> >> Pronunciation in Britain is "cue-doss" while in America it > > > >> is "koo-doze". > > > >> >> As with many Greek words, -os indicates a singular noun. > > > Many people > > > >> >assume > > > >> >> kudos is the plural form, with the singular being a > > > kudo. They are > > > >> >wrong. > > > >> >> Just wrong. > > > >> >> > > > >> >> There was once a computer operating system called QDOS. Was > > > >> it named by a > > > >> >> Brit, so that it sounded like kudos, or is that simply a > > > >> coincidence?" > > > >> >> > > > >> >> ... and there you have it. > > > >> >> > > > >> >> > > > >> >> ----- Original Message ----- > > > >> >> From: "Warren Keuffel" > > > >> >> To: > > > >> >> Sent: Wednesday, January 09, 2002 8:23 PM > > > >> >> Subject: Re: AW: [CANSLIM] DFXI > > > >> >> > > > >> >> > > > >> >> > Jumping in here for Mike -- "Kudos" basically means > > > >> "Congratulations". > > > >> >> > However I was curious about the etymology of the word so > > > >> >> > consulted my American Heritage dictionary which defines it > > > >> as "Acclaim > > > >> >> > or prestige as a result of achievement or position." But > > > >> no guidance on > > > >> >> > etymology, darn it. More than you wanted to know, right? > > > >> >> > > > > >> >> > Warren > > > >> >> > > > > >> >> > Andreas Himmelreich wrote: > > > >> >> > > > > >> >> > >Sorry to ask Mike, what means Kudos? > > > >> >> > > > > > >> >> > > > > > >> >> > >>-----Ursprungliche Nachricht----- > > > >> >> > >>Von: Mike Gibbons [SMTP:webmaster@cwhcharts.com] > > > >> >> > >>Gesendet am: Wednesday, January 09, 2002 7:08 PM > > > >> >> > >>An: canslim@lists.xmission.com > > > >> >> > >>Betreff: RE: [CANSLIM] DFXI > > > >> >> > >> > > > >> >> > >>Kudos to you, you should be feeling pleased this morning > > > >> and justly > > > >> >so. > > > >> >> > >> > > > >> >> > >>Aloha, > > > >> >> > >> > > > >> >> > >>Mike Gibbons > > > >> >> > >> > > > >> >> > >> > > > >> >> > >> > > > >> >> > >>-----Original Message----- > > > >> >> > >>From: owner-canslim@lists.xmission.com > > > >> >> > >>[mailto:owner-canslim@lists.xmission.com]On Behalf Of Dave > > > >> >> > >>Sent: Wednesday, January 09, 2002 5:29 AM > > > >> >> > >>To: canslim@lists.xmission.com > > > >> >> > >>Subject: RE: [CANSLIM] DFXI > > > >> >> > >> > > > >> >> > >> > > > >> >> > >>True, the handle was a bit sloppy but for the most part > > > >> volume in the > > > >> >> > >>handle was below normal. It also made a pretty nice ascending > > > >> >triangle. > > > >> >> > >> > > > >> >> > >>As for the action at the end of the day, I think you're > > > >> reading too > > > >> >much > > > >> >> > >>into it. The stock made a tremendous surge on volume in > > > >> the last half > > > >> >> hour > > > >> >> > >>of trading. It then pulled back on lower volume but > > > >> didn't undercut > > > >> >that > > > >> >> > >>"intraday breakout point". It then found some new buyers > > > >> at the very > > > >> >end > > > >> >> > >>of the session. > > > >> >> > >> > > > >> >> > >>You can find flaws in any chart formation. I've > > > missed many huge > > > >> >winners > > > >> >> > >>by refusing to buy what I perceived as a flawed handle, > > > >> or by putting > > > >> >> too > > > >> >> > >>much weight on intraday analysis. Even IBD will go on to > > > >> call "perfect > > > >> >> > >>cup-handle breakouts" on stocks that have somewhat > > > questionable > > > >> >> > >>formations. I won't be surprised to see DFXI mentioned > > > >> tomorrow as a > > > >> >> good > > > >> >> > >>example. > > > >> >> > >> > > > >> >> > >>Of course hindsight is 20/20. Nevertheless I'm glad I > > > >> bought yesterday > > > >> >> :) > > > >> >> > >> > > > >> >> > >> > > > >> >> > >>>>Yes it did but fell back below it's high of the day. Also, > > > >> >> > >>>> > > > >> >> > >>>action in the > > > >> >> > >>> > > > >> >> > >>>>handle has been sloppy - one normally hopes to see price > > > >> >> > >>>> > > > >> >> > >>>pullback on falling > > > >> >> > >>> > > > >> >> > >>>>volume but in fact it's made a couple of attempts to BO on > > > >> >> > >>>> > > > >> >> > >>>above average > > > >> >> > >>> > > > >> >> > >>>>volume since forming the pivot on 12/10. I wouldn't > > > >> rush in with an > > > >> >> > >>>>overnight order! > > > >> >> > >>>> > > > >> >> > >>>>Mike Gibbons > > > >> >> > >>>> > > > >> >> > >> > > > >> >> > >>- > > > >> >> > >>-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. > > > >> >> > > > > > >> >> > > > > > >> >> > > > > > >> >> > > > > >> >> > > > > >> >> > > > > >> >> > - > > > >> >> > -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!? > > > >> >Get your free @yahoo.com address at http://mail.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. > > > > > > > > > > > > > > > > > - > > > -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. > - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] ASIA? Date: 11 Jan 2002 16:12:40 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_0075_01C19ABA.CB0B6240 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Patrick, That's just about the coolest thing I've seen on the net in ages! (OK, = so I'm not very adventurous.) Thanks and here's the new link to the = chart: http://makeashorterlink.com/?R22F6694 Katherine ----- Original Message -----=20 From: Patrick Wahl=20 To: canslim@lists.xmission.com=20 Sent: Friday, January 11, 2002 4:15 PM Subject: Re: [CANSLIM] ASIA? Wow, that's some link. Here is a suggestion on long links, I've only = used it once,=20 but it seemed to work. http://www.makeashorterlink.com/index.php Thanks for the chart. I'll stick with my interpretation, but I'll add = that the handle=20 seems a little loose, not ideal. I would say the breakout fails = around 19, a 7 to 8%=20 drop in price from the breakout. I think the pivot point was close to = 20.25 or so, I=20 tend to discount those intraday spikes, if they occur, and use the = close, so that=20 would not take the Dec. 4 (or whichever date it was) high into = account, just the=20 close. Not sure this is a legitimate approach, just a personal quirk = maybe. Anyway,=20 I think that anyone in this stock should stick with it a bit longer. On 11 Jan 2002 at 15:14, Katherine Malm wrote: > Just an experiment, but here's a marked chart: >=20 > = http://photos.yahoo.com/bc/katherinemalm/vwp?.dir=3D/CANSLIM&.dnm=3DASIA+= 011102.jpg&.src=3Dph&.done=3Dhttp%3a//photos.yahoo.com/bc/katherinemalm/v= wp%3f.dir=3D/CANSLIM%26.dnm=3DUp%2bDn%2bRatio%2bArticle%2b123101.jpg%26.s= rc=3Dph >=20 > Katherine > ----- Original Message -----=20 > From: Patrick Wahl=20 > To: canslim@lists.xmission.com=20 > Sent: Friday, January 11, 2002 2:52 PM > Subject: RE: [CANSLIM] ASIA? >=20 >=20 > I think we went around about this subject a few months ago, but I = would put a=20 > different interpretation on the chart. I think the 12/4 spike = marked the end of the=20 > right side of the cup, and the choppy sideways movement from that = point constitutes=20 > a handle. So buying on 12/4 was not the proper buy point. >=20 > The more appropriate buy point would be the day in January where = price gapped up=20 > to close at about 20.90 or so. To me the formation of a handle = part way up a cup=20 > doesn't make sense. Handles form at logical sell points, and the = logical sell point is=20 > the resistance formed at the old high - the left side of the cup = around end of June,=20 > first of July. Without a sort of definite point like an old high, = any consolidation point=20 > along the way up the right side of the cup can be called a handle. >=20 > Just my interpretation, I think during the discussion of this = point a few months ago I=20 > was in a decided minority (one, maybe). =20 >=20 > On 10 Jan 2002 at 23:30, Dave wrote: >=20 > > In hindsight if I had been watching ASIA on 12/4 I probably = would have > > bought. If you consider 11/27 to be the start of a short handle, = the pivot > > would be 17.33 and the stock could have been bought up to 18.20. = In this > > case, you would still be in the stock. > >=20 > > As for now, it's definitely a gamble. Personally I like the = month-long > > consolidation and the near record volume over the past few days, = and think > > that if the Nasdaq resumes its rally, there's a good chance ASIA = will go > > along for the ride. > >=20 > >=20 > > > -----Original Message----- > > > From: owner-canslim@lists.xmission.com > > > [mailto:owner-canslim@lists.xmission.com]On Behalf Of esetser > > > Sent: Thursday, January 10, 2002 11:51 PM > > > To: canslim@lists.xmission.com > > > Subject: RE: [CANSLIM] ASIA? > > > > > > > > > So you only consider cup with handles as true breakouts? I = buy > > > cups, cup > > > with handles, double bottoms, and flat bases, maybe others. > > > > > > At 10:44 PM 1/10/02 -0500, you wrote: > > > >I'm biased, but I prefer to see it as a high handle beginning > > > on 12/6. The > > > >volume that day was not so great, and there was no true > > > handle, so I don't > > > >consider it a true breakout. > > > > > > > >The handle beginning after that failure is nice and long and > > > volume dried > > > >up nicely towards the end. The volume on 1/6-1/7 was very = high. > > > > > > > >Only time will tell the true story... > > > > > > > >> -----Original Message----- > > > >> From: owner-canslim@lists.xmission.com > > > >> [mailto:owner-canslim@lists.xmission.com]On Behalf Of = esetser > > > >> Sent: Thursday, January 10, 2002 11:25 PM > > > >> To: canslim@lists.xmission.com > > > >> Subject: Re: [CANSLIM] ASIA? > > > >> > > > >> > > > >> I read this one differently. I see ASIA as a stock with a > > > breakout to a > > > >> new on 12/6. (And as a matter of fact, I bot it that day.) > > > >> That breakout > > > >> became suspect as the stock corrected and closed near its > > > low during the > > > >> day, and went on to be a failed breakout for anyone buying > > > in during the > > > >> day. The action since then is short of the 5 weeks minimum = to > > > >> define a new > > > >> base, and is confusing in light of the new high it set.. = I'm > > > >> not sure where > > > >> I would put a pivot on this one. The volume was fabulous = for 2 > > > >> days, but > > > >> has remained almost as high for the last 2 day pullback, so = I > > > >> would be very > > > >> cautious. > > > >> > > > >> At 04:58 PM 1/10/02 -0500, you wrote: > > > >> >Hi, > > > >> > > > > >> >Just curious on comment about ASIA. Last few days it = looked > > > >> to be breaking > > > >> >out of a nice chart formation. Alas, it seems to be > > > breaking down or > > > >> >allowing for another re-entry point. Any thoughts? > > > >> > > > > >> >Is this stock considered Canslim "worthy" even though it = has > > > >> seen higher > > > >> >days (ie. not breaking to new highs)? > > > >> > > > > >> >Thanks, > > > >> >Erik > > > >> >PS. Forgive me if this has been the topic of recent > > > >> discussion. I just moved > > > >> >and missed the last week of my Canslim Group emails. > > > >> > > > > >> >----- Original Message ----- > > > >> >From: "Mike Hofmann" > > > >> >To: > > > >> >Sent: Thursday, January 10, 2002 1:08 PM > > > >> >Subject: Re: AW: [CANSLIM] DFXI > > > >> > > > > >> > > > > >> >> ... and still more than you really wanted to know about = "kudos": > > > >> >> > > > >> >> From a really cool site called "Take Our Word For It" > > > >> >> (http://www.takeourword.com/): > > > >> >> > > > >> >> "Kudos is simply Greek for "praise". It is thought to > > > have entered > > > >> >English > > > >> >> as university slang. By 1799 we have a back-formed verb > > > kudize "to > > > >> >praise", > > > >> >> so kudos itself was probably in use prior to that, = though > > > >> the first known > > > >> >> recorded use of kudos comes from 1831. Thereafter we = find > > > >> it used by the > > > >> >> likes of Disraeli and Darwin. Darwin wrote, in one of = his > > > >> letters: "Lyell > > > >> >> has read about half of the volume in clean sheets, and = gives > > > >> me very great > > > >> >> kudos." > > > >> >> > > > >> >> Pronunciation in Britain is "cue-doss" while in America = it > > > >> is "koo-doze". > > > >> >> As with many Greek words, -os indicates a singular noun. > > > Many people > > > >> >assume > > > >> >> kudos is the plural form, with the singular being a > > > kudo. They are > > > >> >wrong. > > > >> >> Just wrong. > > > >> >> > > > >> >> There was once a computer operating system called QDOS. = Was > > > >> it named by a > > > >> >> Brit, so that it sounded like kudos, or is that simply a > > > >> coincidence?" > > > >> >> > > > >> >> ... and there you have it. > > > >> >> > > > >> >> > > > >> >> ----- Original Message ----- > > > >> >> From: "Warren Keuffel" > > > >> >> To: > > > >> >> Sent: Wednesday, January 09, 2002 8:23 PM > > > >> >> Subject: Re: AW: [CANSLIM] DFXI > > > >> >> > > > >> >> > > > >> >> > Jumping in here for Mike -- "Kudos" basically means > > > >> "Congratulations". > > > >> >> > However I was curious about the etymology of = the word so > > > >> >> > consulted my American Heritage dictionary which = defines it > > > >> as "Acclaim > > > >> >> > or prestige as a result of achievement or position." = But > > > >> no guidance on > > > >> >> > etymology, darn it. More than you wanted to know, = right? > > > >> >> > > > > >> >> > Warren > > > >> >> > > > > >> >> > Andreas Himmelreich wrote: > > > >> >> > > > > >> >> > >Sorry to ask Mike, what means Kudos? > > > >> >> > > > > > >> >> > > > > > >> >> > >>-----Ursprungliche Nachricht----- > > > >> >> > >>Von: Mike Gibbons [SMTP:webmaster@cwhcharts.com] > > > >> >> > >>Gesendet am: Wednesday, January 09, 2002 7:08 PM > > > >> >> > >>An: canslim@lists.xmission.com > > > >> >> > >>Betreff: RE: [CANSLIM] DFXI > > > >> >> > >> > > > >> >> > >>Kudos to you, you should be feeling pleased this = morning > > > >> and justly > > > >> >so. > > > >> >> > >> > > > >> >> > >>Aloha, > > > >> >> > >> > > > >> >> > >>Mike Gibbons > > > >> >> > >> > > > >> >> > >> > > > >> >> > >> > > > >> >> > >>-----Original Message----- > > > >> >> > >>From: owner-canslim@lists.xmission.com > > > >> >> > >>[mailto:owner-canslim@lists.xmission.com]On Behalf = Of Dave > > > >> >> > >>Sent: Wednesday, January 09, 2002 5:29 AM > > > >> >> > >>To: canslim@lists.xmission.com > > > >> >> > >>Subject: RE: [CANSLIM] DFXI > > > >> >> > >> > > > >> >> > >> > > > >> >> > >>True, the handle was a bit sloppy but for the most = part > > > >> volume in the > > > >> >> > >>handle was below normal. It also made a pretty nice = ascending > > > >> >triangle. > > > >> >> > >> > > > >> >> > >>As for the action at the end of the day, I think = you're > > > >> reading too > > > >> >much > > > >> >> > >>into it. The stock made a tremendous surge on volume = in > > > >> the last half > > > >> >> hour > > > >> >> > >>of trading. It then pulled back on lower volume but > > > >> didn't undercut > > > >> >that > > > >> >> > >>"intraday breakout point". It then found some new = buyers > > > >> at the very > > > >> >end > > > >> >> > >>of the session. > > > >> >> > >> > > > >> >> > >>You can find flaws in any chart formation. I've > > > missed many huge > > > >> >winners > > > >> >> > >>by refusing to buy what I perceived as a flawed = handle, > > > >> or by putting > > > >> >> too > > > >> >> > >>much weight on intraday analysis. Even IBD will go = on to > > > >> call "perfect > > > >> >> > >>cup-handle breakouts" on stocks that have somewhat > > > questionable > > > >> >> > >>formations. I won't be surprised to see DFXI = mentioned > > > >> tomorrow as a > > > >> >> good > > > >> >> > >>example. > > > >> >> > >> > > > >> >> > >>Of course hindsight is 20/20. Nevertheless I'm glad = I > > > >> bought yesterday > > > >> >> :) > > > >> >> > >> > > > >> >> > >> > > > >> >> > >>>>Yes it did but fell back below it's high of the = day. Also, > > > >> >> > >>>> > > > >> >> > >>>action in the > > > >> >> > >>> > > > >> >> > >>>>handle has been sloppy - one normally hopes to see = price > > > >> >> > >>>> > > > >> >> > >>>pullback on falling > > > >> >> > >>> > > > >> >> > >>>>volume but in fact it's made a couple of attempts = to BO on > > > >> >> > >>>> > > > >> >> > >>>above average > > > >> >> > >>> > > > >> >> > >>>>volume since forming the pivot on 12/10. I = wouldn't > > > >> rush in with an > > > >> >> > >>>>overnight order! > > > >> >> > >>>> > > > >> >> > >>>>Mike Gibbons > > > >> >> > >>>> > > > >> >> > >> > > > >> >> > >>- > > > >> >> > >>-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. > > > >> >> > > > > > >> >> > > > > > >> >> > > > > > >> >> > > > > >> >> > > > > >> >> > > > > >> >> > - > > > >> >> > -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!? > > > >> >Get your free @yahoo.com address at http://mail.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. > > > > > > > > > > > > > > > > > - > > > -To subscribe/unsubscribe, email "majordomo@xmission.com" > > > -In the email body, write "subscribe canslim" or > > > -"unsubscribe canslim". Do not use quotes in your email. > > > > >=20 > >=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. >=20 >=20 >=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. >=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. ------=_NextPart_000_0075_01C19ABA.CB0B6240 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Patrick,
 
That's just about the coolest thing I've seen on the net in ages! = (OK, so=20 I'm not very adventurous.) Thanks and here's the new link to the=20 chart:
 
http://makeashorterlink.co= m/?R22F6694
 
Katherine
----- Original Message -----
From:=20 Patrick = Wahl=20
Sent: Friday, January 11, 2002 = 4:15=20 PM
Subject: Re: [CANSLIM] = ASIA?

Wow, that's some link.  Here is a suggestion on = long=20 links, I've only used it once,
but it seemed to work.

http://www.makeashorte= rlink.com/index.php

Thanks=20 for the chart.  I'll stick with my interpretation, but I'll add = that the=20 handle
seems a little loose, not ideal.  I would say the = breakout=20 fails around 19, a 7 to 8%
drop in price from the breakout.  = I think=20 the pivot point was close to 20.25 or so, I
tend to discount those = intraday spikes, if they occur, and use the close, so that
would = not take=20 the Dec. 4 (or whichever date it was) high into account, just the=20
close.  Not sure this is a legitimate approach, just a = personal quirk=20 maybe.  Anyway,
I think that anyone in this stock should = stick with=20 it a bit longer.

On 11 Jan 2002 at 15:14, Katherine Malm=20 wrote:

> Just an experiment, but here's a marked = chart:
>=20
> http://photos.yahoo.com/bc/katherinemalm/vwp= ?.dir=3D/CANSLIM&.dnm=3DASIA+011102.jpg&.src=3Dph&.done=3Dhtt= p%3a//photos.yahoo.com/bc/katherinemalm/vwp%3f.dir=3D/CANSLIM%26.dnm=3DUp= %2bDn%2bRatio%2bArticle%2b123101.jpg%26.src=3Dph
>=20
> Katherine
>   ----- Original Message -----=20
>   From: Patrick Wahl
>   To: canslim@lists.xmission.com= =20
>   Sent: Friday, January 11, 2002 2:52=20 PM
>   Subject: RE: [CANSLIM] ASIA?
>
>=20
>   I think we went around about this subject a few = months=20 ago, but I would put a
>   different interpretation = on the=20 chart.  I think the 12/4 spike marked the end of the =
>  =20 right side of the cup, and the choppy sideways movement from that = point=20 constitutes
>   a handle.  So buying on 12/4 was = not the=20 proper buy point.
>
>   The more appropriate = buy point=20 would be the day in January where price gapped up
>   = to=20 close at about 20.90 or so.  To me the formation of a handle part = way up=20 a cup
>   doesn't make sense.  Handles form at = logical=20 sell points, and the logical sell point is
>   the = resistance=20 formed at the old high - the left side of the cup around end of June,=20
>   first of July.  Without a sort of definite = point=20 like an old high, any consolidation point
>   along = the way=20 up the right side of the cup can be called a handle.
>=20
>   Just my interpretation, I think during the = discussion of=20 this point a few months ago I
>   was in a decided = minority=20 (one, maybe). 
>
>   On 10 Jan 2002 at = 23:30,=20 Dave wrote:
>
>   > In hindsight if I had = been=20 watching ASIA on 12/4 I probably would have
>   > = bought.=20 If you consider 11/27 to be the start of a short handle, the=20 pivot
>   > would be 17.33 and the stock could have = been=20 bought up to 18.20. In this
>   > case, you would = still be=20 in the stock.
>   >
>   > As = for now,=20 it's definitely a gamble. Personally I like the = month-long
>  =20 > consolidation and the near record volume over the past few days, = and=20 think
>   > that if the Nasdaq resumes its rally, = there's a=20 good chance ASIA will go
>   > along for the=20 ride.
>   >
>   > =
>  =20 > > -----Original Message-----
>   > > = = href=3D"mailto:owner-canslim@lists.xmission.com">owner-canslim@lists.xmis= sion.com
>  =20 > > [mailto:owner-canslim@lists.xmission.com]On Behalf Of=20 esetser
>   > > Sent: Thursday, January 10, 2002 = 11:51=20 PM
>   > > To: canslim@lists.xmission.com=
>  =20 > > Subject: RE: [CANSLIM] ASIA?
>   >=20 >
>   > >
>   > > So = you only=20 consider cup with handles as true breakouts?  I = buy
>  =20 > > cups, cup
>   > > with handles, double = bottoms, and flat bases, maybe others.
>   >=20 >
>   > > At 10:44 PM 1/10/02 -0500, you=20 wrote:
>   > > >I'm biased, but I prefer to = see it as=20 a high handle beginning
>   > > on 12/6.=20 The
>   > > >volume that day was not so = great, and=20 there was no true
>   > > handle, so I=20 don't
>   > > >consider it a true=20 breakout.
>   > > >
>   > = >=20 >The handle beginning after that failure is nice and long=20 and
>   > > volume dried
>   = > >=20 >up nicely towards the end. The volume on 1/6-1/7 was very=20 high.
>   > > >
>   > > = >Only time will tell the true story...
>   > = >=20 >
>   > > >> -----Original=20 Message-----
>   > > >> From: owner-canslim@lists.xmis= sion.com
>  =20 > > >> [mailto:owner-canslim@lists.xmission.com]On Behalf = Of=20 esetser
>   > > >> Sent: Thursday, January = 10,=20 2002 11:25 PM
>   > > >> To: canslim@lists.xmission.com=
>  =20 > > >> Subject: Re: [CANSLIM] ASIA?
>   = > >=20 >>
>   > > >>
>   = > >=20 >> I read this one differently.  I see ASIA as a stock with = a
>   > > breakout to a
>   > = >=20 >> new on 12/6.  (And as a matter of fact, I bot it that=20 day.)
>   > > >> That = breakout
>  =20 > > >> became suspect as the stock corrected and closed = near=20 its
>   > > low during the
>   = > >=20 >> day, and went on to be a failed breakout for anyone=20 buying
>   > > in during the
>   = >=20 > >> day.  The action since then is short of the 5 weeks = minimum=20 to
>   > > >> define a = new
>  =20 > > >> base, and is confusing in light of the new high it = set..=20 I'm
>   > > >> not sure = where
>  =20 > > >> I would put a pivot on this one.  The volume = was=20 fabulous for 2
>   > > >> days,=20 but
>   > > >> has remained almost as high = for the=20 last 2 day pullback, so I
>   > > >> would = be=20 very
>   > > >> = cautious.
>   >=20 > >>
>   > > >> At 04:58 PM = 1/10/02=20 -0500, you wrote:
>   > > >>=20 >Hi,
>   > > >> = >
>   >=20 > >> >Just curious on comment about ASIA.  Last few = days it=20 looked
>   > > >> to be=20 breaking
>   > > >> >out of a nice = chart=20 formation.  Alas, it seems to be
>   > > = breaking=20 down or
>   > > >> >allowing for = another=20 re-entry point.  Any thoughts?
>   > > = >>=20 >
>   > > >> >Is this stock = considered=20 Canslim "worthy" even though it has
>   > > = >>=20 seen higher
>   > > >> >days (ie. not = breaking=20 to new highs)?
>   > > >> = >
>  =20 > > >> >Thanks,
>   > > >>=20 >Erik
>   > > >> >PS. Forgive me if = this has=20 been the topic of recent
>   > > >> = discussion. I=20 just moved
>   > > >> >and missed the = last week=20 of my Canslim Group emails.
>   > > >>=20 >
>   > > >> >----- Original Message = -----
>   > > >> >From: "Mike Hofmann" = <sfmcanslim@hotmail.com>
= >  =20 > > >> >To: <canslim@lists.xmission.com= >
>  =20 > > >> >Sent: Thursday, January 10, 2002 1:08=20 PM
>   > > >> >Subject: Re: AW: = [CANSLIM]=20 DFXI
>   > > >> >
>   = > >=20 >> >
>   > > >> >> ... and = still=20 more than you really wanted to know about "kudos":
>   = >=20 > >> >>
>   > > >> >> = From a=20 really cool site called "Take Our Word For It"
>   = > >=20 >> >> (http://www.takeourword.com/):>  =20 > > >> >>
>   > > >> = >>=20 "Kudos is simply Greek for "praise".  It is thought=20 to
>   > > have entered
>   > = >=20 >> >English
>   > > >> >> = as=20 university slang.  By 1799 we have a back-formed = verb
>  =20 > > kudize "to
>   > > >>=20 >praise",
>   > > >> >> so kudos = itself=20 was probably in use prior to that, though
>   > = >=20 >> the first known
>   > > >> = >>=20 recorded use of kudos comes from 1831.  Thereafter we=20 find
>   > > >> it used by = the
>  =20 > > >> >> likes of Disraeli and Darwin.  Darwin = wrote,=20 in one of his
>   > > >> letters:=20 "Lyell
>   > > >> >> has read about = half of=20 the volume in clean sheets, and gives
>   > > = >>=20 me very great
>   > > >> >>=20 kudos."
>   > > >> = >>
>  =20 > > >> >> Pronunciation in Britain is "cue-doss" = while in=20 America it
>   > > >> is=20 "koo-doze".
>   > > >> >> As with = many Greek=20 words, -os indicates a singular noun.
>   > > = Many=20 people
>   > > >> = >assume
>  =20 > > >> >> kudos is the  plural form, with the = singular=20 being a
>   > > kudo.  They = are
>  =20 > > >> >wrong.
>   > > >> = >>=20 Just wrong.
>   > > >>=20 >>
>   > > >> >> There was = once a=20 computer operating system called QDOS.  Was
>   = > >=20 >> it named by a
>   > > >> >> = Brit,=20 so that it sounded like kudos, or is that simply a
>   = >=20 > >> coincidence?"
>   > > >>=20 >>
>   > > >> >> ... and there = you=20 have it.
>   > > >> = >>
>  =20 > > >> >>
>   > > >> = >>=20 ----- Original Message -----
>   > > >> = >>=20 From: "Warren Keuffel" <wkeuffel@xmission.com>
&g= t;  =20 > > >> >> To: <canslim@lists.xmission.com= >
>  =20 > > >> >> Sent: Wednesday, January 09, 2002 8:23=20 PM
>   > > >> >> Subject: Re: AW: = [CANSLIM]=20 DFXI
>   > > >> = >>
>   >=20 > >> >>
>   > > >> >> = >=20 Jumping in here for Mike -- "Kudos" basically = means
>   >=20 > >> "Congratulations".
>   > > = >>=20 >> >  However <ahem> I was curious about the = etymology of=20 the word so
>   > > >> >> > = consulted my=20 American Heritage dictionary which defines it
>   > = >=20 >> as  "Acclaim
>   > > >> = >>=20 > or prestige as a result of achievement or position."=20 But
>   > > >> no guidance = on
>  =20 > > >> >> > etymology, darn it.  More than = you=20 wanted to know, right? <g>
>   > > = >>=20 >> >
>   > > >> >> >=20 Warren
>   > > >> >>=20 >
>   > > >> >> > Andreas = Himmelreich=20 wrote:
>   > > >> >>=20 >
>   > > >> >> > >Sorry to = ask=20 Mike, what means Kudos?
>   > > >> = >> >=20 >
>   > > >> >> >=20 >
>   > > >> >> >=20 >>-----Ursprungliche Nachricht-----
>   > = >=20 >> >> > >>Von: Mike Gibbons=20 [SMTP:webmaster@cwhcharts.com]
>   > > >> = >>=20 > >>Gesendet am: Wednesday, January 09, 2002 7:08=20 PM
>   > > >> >> > >>An: canslim@lists.xmission.com=
>  =20 > > >> >> > >>Betreff: RE: [CANSLIM]=20 DFXI
>   > > >> >> >=20 >>
>   > > >> >> > = >>Kudos to=20 you, you should be feeling pleased this morning
>   = > >=20 >> and justly
>   > > >>=20 >so.
>   > > >> >> >=20 >>
>   > > >> >> >=20 >>Aloha,
>   > > >> >> >=20 >>
>   > > >> >> > = >>Mike=20 Gibbons
>   > > >> >> >=20 >>
>   > > >> >> >=20 >>
>   > > >> >> >=20 >>
>   > > >> >> >=20 >>-----Original Message-----
>   > > = >>=20 >> > >>From: owner-canslim@lists.xmis= sion.com
>  =20 > > >> >> >=20 >>[mailto:owner-canslim@lists.xmission.com]On Behalf Of=20 Dave
>   > > >> >> > = >>Sent:=20 Wednesday, January 09, 2002 5:29 AM
>   > > = >>=20 >> > >>To: canslim@lists.xmission.com=
>  =20 > > >> >> > >>Subject: RE: [CANSLIM]=20 DFXI
>   > > >> >> >=20 >>
>   > > >> >> >=20 >>
>   > > >> >> > = >>True,=20 the handle was a bit sloppy but for the most part
>   = >=20 > >> volume in the
>   > > >> = >>=20 > >>handle was below normal. It also made a pretty nice=20 ascending
>   > > >>=20 >triangle.
>   > > >> >> >=20 >>
>   > > >> >> > = >>As for=20 the action at the end of the day, I think you're
>   = > >=20 >> reading too
>   > > >>=20 >much
>   > > >> >> > = >>into it.=20 The stock made a tremendous surge on volume in
>   = > >=20 >> the last half
>   > > >> >> = hour
>   > > >> >> > >>of = trading.=20 It then pulled back on lower volume but
>   > > = >>=20 didn't undercut
>   > > >>=20 >that
>   > > >> >> >=20 >>"intraday breakout point". It then found some new=20 buyers
>   > > >> at the = very
>  =20 > > >> >end
>   > > >> = >>=20 > >>of the session.
>   > > >> = >>=20 > >>
>   > > >> >> > = >>You=20 can find flaws in any chart formation. I've
>   > = >=20 missed many huge
>   > > >>=20 >winners
>   > > >> >> > = >>by=20 refusing to buy what I perceived as a flawed = handle,
>   >=20 > >> or by putting
>   > > >> = >>=20 too
>   > > >> >> > >>much = weight=20 on intraday analysis. Even IBD will go on to
>   > = >=20 >> call "perfect
>   > > >> >> = >=20 >>cup-handle breakouts" on stocks that have = somewhat
>  =20 > > questionable
>   > > >> >> = >=20 >>formations. I won't be surprised to see DFXI=20 mentioned
>   > > >> tomorrow as=20 a
>   > > >> >> = good
>  =20 > > >> >> > >>example.
>   = >=20 > >> >> > >>
>   > > = >>=20 >> > >>Of course hindsight is 20/20. Nevertheless I'm = glad=20 I
>   > > >> bought = yesterday
>  =20 > > >> >> :)
>   > > >> = >>=20 > >>
>   > > >> >> >=20 >>
>   > > >> >> >=20 >>>>Yes it did but fell back below it's high of the day.=20 Also,
>   > > >> >> >=20 >>>>
>   > > >> >> >=20 >>>action in the
>   > > >> = >> >=20 >>>
>   > > >> >> >=20 >>>>handle has been sloppy - one normally hopes to see=20 price
>   > > >> >> >=20 >>>>
>   > > >> >> >=20 >>>pullback on falling
>   > > >> = >> > >>>
>   > > >> = >>=20 > >>>>volume but in fact it's made a couple of attempts = to BO=20 on
>   > > >> >> >=20 >>>>
>   > > >> >> >=20 >>>above average
>   > > >> = >> >=20 >>>
>   > > >> >> >=20 >>>>volume since forming the pivot on 12/10. I=20 wouldn't
>   > > >> rush in with=20 an
>   > > >> >> >=20 >>>>overnight order!
>   > > = >>=20 >> > >>>>
>   > > >> = >>=20 > >>>>Mike Gibbons
>   > > = >>=20 >> > >>>>
>   > > >> = >>=20 > >>
>   > > >> >> >=20 >>-
>   > > >> >> > = >>-To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
>= ;  =20 > > >> >> > >>-In the email body, write = "subscribe=20 canslim" or
>   > > >> >> >=20 >>-"unsubscribe canslim".  Do not use quotes in your=20 email.
>   > > >> >> >=20 >>
>   > > >> >> >=20 >>
>   > > >> >> >=20 >>
>   > > >> >> >=20 >>-
>   > > >> >> > = >>-To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
>= ;  =20 > > >> >> > >>-In the email body, write = "subscribe=20 canslim" or
>   > > >> >> >=20 >>-"unsubscribe canslim".  Do not use quotes in your=20 email.
>   > > >> >> >=20 >>
>   > > >> >> >=20 >
>   > > >> >> >=20 >-
>   > > >> >> > >-To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
>= ;  =20 > > >> >> > >-In the email body, write = "subscribe=20 canslim" or
>   > > >> >> >=20 >-"unsubscribe canslim".  Do not use quotes in your=20 email.
>   > > >> >> >=20 >
>   > > >> >> >=20 >
>   > > >> >> >=20 >
>   > > >> >> = >
>  =20 > > >> >> >
>   > > = >>=20 >> >
>   > > >> >> >=20 -
>   > > >> >> > -To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
>= ;  =20 > > >> >> > -In the email body, write "subscribe = canslim"=20 or
>   > > >> >> > -"unsubscribe=20 canslim".  Do not use quotes in your email.
>   = > >=20 >> >> >
>   > > >>=20 >>
>   > > >> >> = -
>  =20 > > >> >> -To subscribe/unsubscribe, email "majordomo@xmission.com"
>= ;  =20 > > >> >> -In the email body, write "subscribe = canslim"=20 or
>   > > >> >> -"unsubscribe=20 canslim".  Do not use quotes in your email.
>   = > >=20 >> >
>   > > >> = >
>  =20 > > >>=20 = >_________________________________________________________
>&nbs= p; =20 > > >> >Do You Yahoo!?
>   > > = >>=20 >Get your free @yahoo.com address at http://mail.yahoo.com
> &nb= sp;=20 > > >> >
>   > > >>=20 >
>   > > >> >-
>   = >=20 > >> >-To subscribe/unsubscribe, email "majordomo@xmission.com"
>= ;  =20 > > >> >-In the email body, write "subscribe canslim"=20 or
>   > > >> >-"unsubscribe = canslim".  Do=20 not use quotes in your email.
>   > > >>=20 >
>   > > >> >
>   = > >=20 >>
>   > > >>
>   = > >=20 >> -
>   > > >> -To = subscribe/unsubscribe,=20 email "majordomo@xmission.com"
>= ;  =20 > > >> -In the email body, write "subscribe canslim"=20 or
>   > > >> -"unsubscribe = canslim".  Do not=20 use quotes in your email.
>   > >=20 >>
>   > > >
>   > = >=20 >
>   > > >-
>   > > = >-To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
>= ;  =20 > > >-In the email body, write "subscribe canslim"=20 or
>   > > >-"unsubscribe canslim".  Do = not use=20 quotes in your email.
>   > > = >
>  =20 > > >
>   > >
>   >=20 >
>   > > -
>   > > -To = subscribe/unsubscribe, email "majordomo@xmission.com"
>= ;  =20 > > -In the email body, write "subscribe canslim" = or
>  =20 > > -"unsubscribe canslim".  Do not use quotes in your=20 email.
>   > >
>   >=20
>   >
>   > = -
>   >=20 -To subscribe/unsubscribe, email "majordomo@xmission.com"
>= ;  =20 > -In the email body, write "subscribe canslim" = or
>   >=20 -"unsubscribe canslim".  Do not use quotes in your email.
> =
>
>
>   -
>   -To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
>= ;  =20 -In the email body, write "subscribe canslim" or
>  =20 -"unsubscribe canslim".  Do not use quotes in your email.
> =



-
-To subscribe/unsubscribe, email "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your email. ------=_NextPart_000_0075_01C19ABA.CB0B6240-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] ASIA? Date: 11 Jan 2002 16:25:19 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_0086_01C19ABC.8F8D0F00 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable One last view of ASIA...weekly... http://makeashorterlink.com/?F29F5294 No more charts, I promise! Katherine ----- Original Message -----=20 From: Patrick Wahl=20 To: canslim@lists.xmission.com=20 Sent: Friday, January 11, 2002 4:15 PM Subject: Re: [CANSLIM] ASIA? Wow, that's some link. Here is a suggestion on long links, I've only = used it once,=20 but it seemed to work. http://www.makeashorterlink.com/index.php Thanks for the chart. I'll stick with my interpretation, but I'll add = that the handle=20 seems a little loose, not ideal. I would say the breakout fails = around 19, a 7 to 8%=20 drop in price from the breakout. I think the pivot point was close to = 20.25 or so, I=20 tend to discount those intraday spikes, if they occur, and use the = close, so that=20 would not take the Dec. 4 (or whichever date it was) high into = account, just the=20 close. Not sure this is a legitimate approach, just a personal quirk = maybe. Anyway,=20 I think that anyone in this stock should stick with it a bit longer. On 11 Jan 2002 at 15:14, Katherine Malm wrote: > Just an experiment, but here's a marked chart: >=20 > = http://photos.yahoo.com/bc/katherinemalm/vwp?.dir=3D/CANSLIM&.dnm=3DASIA+= 011102.jpg&.src=3Dph&.done=3Dhttp%3a//photos.yahoo.com/bc/katherinemalm/v= wp%3f.dir=3D/CANSLIM%26.dnm=3DUp%2bDn%2bRatio%2bArticle%2b123101.jpg%26.s= rc=3Dph >=20 > Katherine > ----- Original Message -----=20 > From: Patrick Wahl=20 > To: canslim@lists.xmission.com=20 > Sent: Friday, January 11, 2002 2:52 PM > Subject: RE: [CANSLIM] ASIA? >=20 >=20 > I think we went around about this subject a few months ago, but I = would put a=20 > different interpretation on the chart. I think the 12/4 spike = marked the end of the=20 > right side of the cup, and the choppy sideways movement from that = point constitutes=20 > a handle. So buying on 12/4 was not the proper buy point. >=20 > The more appropriate buy point would be the day in January where = price gapped up=20 > to close at about 20.90 or so. To me the formation of a handle = part way up a cup=20 > doesn't make sense. Handles form at logical sell points, and the = logical sell point is=20 > the resistance formed at the old high - the left side of the cup = around end of June,=20 > first of July. Without a sort of definite point like an old high, = any consolidation point=20 > along the way up the right side of the cup can be called a handle. >=20 > Just my interpretation, I think during the discussion of this = point a few months ago I=20 > was in a decided minority (one, maybe). =20 >=20 > On 10 Jan 2002 at 23:30, Dave wrote: >=20 > > In hindsight if I had been watching ASIA on 12/4 I probably = would have > > bought. If you consider 11/27 to be the start of a short handle, = the pivot > > would be 17.33 and the stock could have been bought up to 18.20. = In this > > case, you would still be in the stock. > >=20 > > As for now, it's definitely a gamble. Personally I like the = month-long > > consolidation and the near record volume over the past few days, = and think > > that if the Nasdaq resumes its rally, there's a good chance ASIA = will go > > along for the ride. > >=20 > >=20 > > > -----Original Message----- > > > From: owner-canslim@lists.xmission.com > > > [mailto:owner-canslim@lists.xmission.com]On Behalf Of esetser > > > Sent: Thursday, January 10, 2002 11:51 PM > > > To: canslim@lists.xmission.com > > > Subject: RE: [CANSLIM] ASIA? > > > > > > > > > So you only consider cup with handles as true breakouts? I = buy > > > cups, cup > > > with handles, double bottoms, and flat bases, maybe others. > > > > > > At 10:44 PM 1/10/02 -0500, you wrote: > > > >I'm biased, but I prefer to see it as a high handle beginning > > > on 12/6. The > > > >volume that day was not so great, and there was no true > > > handle, so I don't > > > >consider it a true breakout. > > > > > > > >The handle beginning after that failure is nice and long and > > > volume dried > > > >up nicely towards the end. The volume on 1/6-1/7 was very = high. > > > > > > > >Only time will tell the true story... > > > > > > > >> -----Original Message----- > > > >> From: owner-canslim@lists.xmission.com > > > >> [mailto:owner-canslim@lists.xmission.com]On Behalf Of = esetser > > > >> Sent: Thursday, January 10, 2002 11:25 PM > > > >> To: canslim@lists.xmission.com > > > >> Subject: Re: [CANSLIM] ASIA? > > > >> > > > >> > > > >> I read this one differently. I see ASIA as a stock with a > > > breakout to a > > > >> new on 12/6. (And as a matter of fact, I bot it that day.) > > > >> That breakout > > > >> became suspect as the stock corrected and closed near its > > > low during the > > > >> day, and went on to be a failed breakout for anyone buying > > > in during the > > > >> day. The action since then is short of the 5 weeks minimum = to > > > >> define a new > > > >> base, and is confusing in light of the new high it set.. = I'm > > > >> not sure where > > > >> I would put a pivot on this one. The volume was fabulous = for 2 > > > >> days, but > > > >> has remained almost as high for the last 2 day pullback, so = I > > > >> would be very > > > >> cautious. > > > >> > > > >> At 04:58 PM 1/10/02 -0500, you wrote: > > > >> >Hi, > > > >> > > > > >> >Just curious on comment about ASIA. Last few days it = looked > > > >> to be breaking > > > >> >out of a nice chart formation. Alas, it seems to be > > > breaking down or > > > >> >allowing for another re-entry point. Any thoughts? > > > >> > > > > >> >Is this stock considered Canslim "worthy" even though it = has > > > >> seen higher > > > >> >days (ie. not breaking to new highs)? > > > >> > > > > >> >Thanks, > > > >> >Erik > > > >> >PS. Forgive me if this has been the topic of recent > > > >> discussion. I just moved > > > >> >and missed the last week of my Canslim Group emails. > > > >> > > > > >> >----- Original Message ----- > > > >> >From: "Mike Hofmann" > > > >> >To: > > > >> >Sent: Thursday, January 10, 2002 1:08 PM > > > >> >Subject: Re: AW: [CANSLIM] DFXI > > > >> > > > > >> > > > > >> >> ... and still more than you really wanted to know about = "kudos": > > > >> >> > > > >> >> From a really cool site called "Take Our Word For It" > > > >> >> (http://www.takeourword.com/): > > > >> >> > > > >> >> "Kudos is simply Greek for "praise". It is thought to > > > have entered > > > >> >English > > > >> >> as university slang. By 1799 we have a back-formed verb > > > kudize "to > > > >> >praise", > > > >> >> so kudos itself was probably in use prior to that, = though > > > >> the first known > > > >> >> recorded use of kudos comes from 1831. Thereafter we = find > > > >> it used by the > > > >> >> likes of Disraeli and Darwin. Darwin wrote, in one of = his > > > >> letters: "Lyell > > > >> >> has read about half of the volume in clean sheets, and = gives > > > >> me very great > > > >> >> kudos." > > > >> >> > > > >> >> Pronunciation in Britain is "cue-doss" while in America = it > > > >> is "koo-doze". > > > >> >> As with many Greek words, -os indicates a singular noun. > > > Many people > > > >> >assume > > > >> >> kudos is the plural form, with the singular being a > > > kudo. They are > > > >> >wrong. > > > >> >> Just wrong. > > > >> >> > > > >> >> There was once a computer operating system called QDOS. = Was > > > >> it named by a > > > >> >> Brit, so that it sounded like kudos, or is that simply a > > > >> coincidence?" > > > >> >> > > > >> >> ... and there you have it. > > > >> >> > > > >> >> > > > >> >> ----- Original Message ----- > > > >> >> From: "Warren Keuffel" > > > >> >> To: > > > >> >> Sent: Wednesday, January 09, 2002 8:23 PM > > > >> >> Subject: Re: AW: [CANSLIM] DFXI > > > >> >> > > > >> >> > > > >> >> > Jumping in here for Mike -- "Kudos" basically means > > > >> "Congratulations". > > > >> >> > However I was curious about the etymology of = the word so > > > >> >> > consulted my American Heritage dictionary which = defines it > > > >> as "Acclaim > > > >> >> > or prestige as a result of achievement or position." = But > > > >> no guidance on > > > >> >> > etymology, darn it. More than you wanted to know, = right? > > > >> >> > > > > >> >> > Warren > > > >> >> > > > > >> >> > Andreas Himmelreich wrote: > > > >> >> > > > > >> >> > >Sorry to ask Mike, what means Kudos? > > > >> >> > > > > > >> >> > > > > > >> >> > >>-----Ursprungliche Nachricht----- > > > >> >> > >>Von: Mike Gibbons [SMTP:webmaster@cwhcharts.com] > > > >> >> > >>Gesendet am: Wednesday, January 09, 2002 7:08 PM > > > >> >> > >>An: canslim@lists.xmission.com > > > >> >> > >>Betreff: RE: [CANSLIM] DFXI > > > >> >> > >> > > > >> >> > >>Kudos to you, you should be feeling pleased this = morning > > > >> and justly > > > >> >so. > > > >> >> > >> > > > >> >> > >>Aloha, > > > >> >> > >> > > > >> >> > >>Mike Gibbons > > > >> >> > >> > > > >> >> > >> > > > >> >> > >> > > > >> >> > >>-----Original Message----- > > > >> >> > >>From: owner-canslim@lists.xmission.com > > > >> >> > >>[mailto:owner-canslim@lists.xmission.com]On Behalf = Of Dave > > > >> >> > >>Sent: Wednesday, January 09, 2002 5:29 AM > > > >> >> > >>To: canslim@lists.xmission.com > > > >> >> > >>Subject: RE: [CANSLIM] DFXI > > > >> >> > >> > > > >> >> > >> > > > >> >> > >>True, the handle was a bit sloppy but for the most = part > > > >> volume in the > > > >> >> > >>handle was below normal. It also made a pretty nice = ascending > > > >> >triangle. > > > >> >> > >> > > > >> >> > >>As for the action at the end of the day, I think = you're > > > >> reading too > > > >> >much > > > >> >> > >>into it. The stock made a tremendous surge on volume = in > > > >> the last half > > > >> >> hour > > > >> >> > >>of trading. It then pulled back on lower volume but > > > >> didn't undercut > > > >> >that > > > >> >> > >>"intraday breakout point". It then found some new = buyers > > > >> at the very > > > >> >end > > > >> >> > >>of the session. > > > >> >> > >> > > > >> >> > >>You can find flaws in any chart formation. I've > > > missed many huge > > > >> >winners > > > >> >> > >>by refusing to buy what I perceived as a flawed = handle, > > > >> or by putting > > > >> >> too > > > >> >> > >>much weight on intraday analysis. Even IBD will go = on to > > > >> call "perfect > > > >> >> > >>cup-handle breakouts" on stocks that have somewhat > > > questionable > > > >> >> > >>formations. I won't be surprised to see DFXI = mentioned > > > >> tomorrow as a > > > >> >> good > > > >> >> > >>example. > > > >> >> > >> > > > >> >> > >>Of course hindsight is 20/20. Nevertheless I'm glad = I > > > >> bought yesterday > > > >> >> :) > > > >> >> > >> > > > >> >> > >> > > > >> >> > >>>>Yes it did but fell back below it's high of the = day. Also, > > > >> >> > >>>> > > > >> >> > >>>action in the > > > >> >> > >>> > > > >> >> > >>>>handle has been sloppy - one normally hopes to see = price > > > >> >> > >>>> > > > >> >> > >>>pullback on falling > > > >> >> > >>> > > > >> >> > >>>>volume but in fact it's made a couple of attempts = to BO on > > > >> >> > >>>> > > > >> >> > >>>above average > > > >> >> > >>> > > > >> >> > >>>>volume since forming the pivot on 12/10. I = wouldn't > > > >> rush in with an > > > >> >> > >>>>overnight order! > > > >> >> > >>>> > > > >> >> > >>>>Mike Gibbons > > > >> >> > >>>> > > > >> >> > >> > > > >> >> > >>- > > > >> >> > >>-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. > > > >> >> > > > > > >> >> > > > > > >> >> > > > > > >> >> > > > > >> >> > > > > >> >> > > > > >> >> > - > > > >> >> > -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!? > > > >> >Get your free @yahoo.com address at http://mail.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. > > > > > > > > > > > > > > > > > - > > > -To subscribe/unsubscribe, email "majordomo@xmission.com" > > > -In the email body, write "subscribe canslim" or > > > -"unsubscribe canslim". Do not use quotes in your email. > > > > >=20 > >=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. >=20 >=20 >=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. >=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. ------=_NextPart_000_0086_01C19ABC.8F8D0F00 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
One last view of ASIA...weekly...
 
http://makeashorterlink.co= m/?F29F5294
 
No more charts, I promise!
 
Katherine
----- Original Message -----
From:=20 Patrick = Wahl=20
Sent: Friday, January 11, 2002 = 4:15=20 PM
Subject: Re: [CANSLIM] = ASIA?

Wow, that's some link.  Here is a suggestion on = long=20 links, I've only used it once,
but it seemed to work.

http://www.makeashorte= rlink.com/index.php

Thanks=20 for the chart.  I'll stick with my interpretation, but I'll add = that the=20 handle
seems a little loose, not ideal.  I would say the = breakout=20 fails around 19, a 7 to 8%
drop in price from the breakout.  = I think=20 the pivot point was close to 20.25 or so, I
tend to discount those = intraday spikes, if they occur, and use the close, so that
would = not take=20 the Dec. 4 (or whichever date it was) high into account, just the=20
close.  Not sure this is a legitimate approach, just a = personal quirk=20 maybe.  Anyway,
I think that anyone in this stock should = stick with=20 it a bit longer.

On 11 Jan 2002 at 15:14, Katherine Malm=20 wrote:

> Just an experiment, but here's a marked = chart:
>=20
> http://photos.yahoo.com/bc/katherinemalm/vwp= ?.dir=3D/CANSLIM&.dnm=3DASIA+011102.jpg&.src=3Dph&.done=3Dhtt= p%3a//photos.yahoo.com/bc/katherinemalm/vwp%3f.dir=3D/CANSLIM%26.dnm=3DUp= %2bDn%2bRatio%2bArticle%2b123101.jpg%26.src=3Dph
>=20
> Katherine
>   ----- Original Message -----=20
>   From: Patrick Wahl
>   To: canslim@lists.xmission.com= =20
>   Sent: Friday, January 11, 2002 2:52=20 PM
>   Subject: RE: [CANSLIM] ASIA?
>
>=20
>   I think we went around about this subject a few = months=20 ago, but I would put a
>   different interpretation = on the=20 chart.  I think the 12/4 spike marked the end of the =
>  =20 right side of the cup, and the choppy sideways movement from that = point=20 constitutes
>   a handle.  So buying on 12/4 was = not the=20 proper buy point.
>
>   The more appropriate = buy point=20 would be the day in January where price gapped up
>   = to=20 close at about 20.90 or so.  To me the formation of a handle part = way up=20 a cup
>   doesn't make sense.  Handles form at = logical=20 sell points, and the logical sell point is
>   the = resistance=20 formed at the old high - the left side of the cup around end of June,=20
>   first of July.  Without a sort of definite = point=20 like an old high, any consolidation point
>   along = the way=20 up the right side of the cup can be called a handle.
>=20
>   Just my interpretation, I think during the = discussion of=20 this point a few months ago I
>   was in a decided = minority=20 (one, maybe). 
>
>   On 10 Jan 2002 at = 23:30,=20 Dave wrote:
>
>   > In hindsight if I had = been=20 watching ASIA on 12/4 I probably would have
>   > = bought.=20 If you consider 11/27 to be the start of a short handle, the=20 pivot
>   > would be 17.33 and the stock could have = been=20 bought up to 18.20. In this
>   > case, you would = still be=20 in the stock.
>   >
>   > As = for now,=20 it's definitely a gamble. Personally I like the = month-long
>  =20 > consolidation and the near record volume over the past few days, = and=20 think
>   > that if the Nasdaq resumes its rally, = there's a=20 good chance ASIA will go
>   > along for the=20 ride.
>   >
>   > =
>  =20 > > -----Original Message-----
>   > > = = href=3D"mailto:owner-canslim@lists.xmission.com">owner-canslim@lists.xmis= sion.com
>  =20 > > [mailto:owner-canslim@lists.xmission.com]On Behalf Of=20 esetser
>   > > Sent: Thursday, January 10, 2002 = 11:51=20 PM
>   > > To: canslim@lists.xmission.com=
>  =20 > > Subject: RE: [CANSLIM] ASIA?
>   >=20 >
>   > >
>   > > So = you only=20 consider cup with handles as true breakouts?  I = buy
>  =20 > > cups, cup
>   > > with handles, double = bottoms, and flat bases, maybe others.
>   >=20 >
>   > > At 10:44 PM 1/10/02 -0500, you=20 wrote:
>   > > >I'm biased, but I prefer to = see it as=20 a high handle beginning
>   > > on 12/6.=20 The
>   > > >volume that day was not so = great, and=20 there was no true
>   > > handle, so I=20 don't
>   > > >consider it a true=20 breakout.
>   > > >
>   > = >=20 >The handle beginning after that failure is nice and long=20 and
>   > > volume dried
>   = > >=20 >up nicely towards the end. The volume on 1/6-1/7 was very=20 high.
>   > > >
>   > > = >Only time will tell the true story...
>   > = >=20 >
>   > > >> -----Original=20 Message-----
>   > > >> From: owner-canslim@lists.xmis= sion.com
>  =20 > > >> [mailto:owner-canslim@lists.xmission.com]On Behalf = Of=20 esetser
>   > > >> Sent: Thursday, January = 10,=20 2002 11:25 PM
>   > > >> To: canslim@lists.xmission.com=
>  =20 > > >> Subject: Re: [CANSLIM] ASIA?
>   = > >=20 >>
>   > > >>
>   = > >=20 >> I read this one differently.  I see ASIA as a stock with = a
>   > > breakout to a
>   > = >=20 >> new on 12/6.  (And as a matter of fact, I bot it that=20 day.)
>   > > >> That = breakout
>  =20 > > >> became suspect as the stock corrected and closed = near=20 its
>   > > low during the
>   = > >=20 >> day, and went on to be a failed breakout for anyone=20 buying
>   > > in during the
>   = >=20 > >> day.  The action since then is short of the 5 weeks = minimum=20 to
>   > > >> define a = new
>  =20 > > >> base, and is confusing in light of the new high it = set..=20 I'm
>   > > >> not sure = where
>  =20 > > >> I would put a pivot on this one.  The volume = was=20 fabulous for 2
>   > > >> days,=20 but
>   > > >> has remained almost as high = for the=20 last 2 day pullback, so I
>   > > >> would = be=20 very
>   > > >> = cautious.
>   >=20 > >>
>   > > >> At 04:58 PM = 1/10/02=20 -0500, you wrote:
>   > > >>=20 >Hi,
>   > > >> = >
>   >=20 > >> >Just curious on comment about ASIA.  Last few = days it=20 looked
>   > > >> to be=20 breaking
>   > > >> >out of a nice = chart=20 formation.  Alas, it seems to be
>   > > = breaking=20 down or
>   > > >> >allowing for = another=20 re-entry point.  Any thoughts?
>   > > = >>=20 >
>   > > >> >Is this stock = considered=20 Canslim "worthy" even though it has
>   > > = >>=20 seen higher
>   > > >> >days (ie. not = breaking=20 to new highs)?
>   > > >> = >
>  =20 > > >> >Thanks,
>   > > >>=20 >Erik
>   > > >> >PS. Forgive me if = this has=20 been the topic of recent
>   > > >> = discussion. I=20 just moved
>   > > >> >and missed the = last week=20 of my Canslim Group emails.
>   > > >>=20 >
>   > > >> >----- Original Message = -----
>   > > >> >From: "Mike Hofmann" = <sfmcanslim@hotmail.com>
= >  =20 > > >> >To: <canslim@lists.xmission.com= >
>  =20 > > >> >Sent: Thursday, January 10, 2002 1:08=20 PM
>   > > >> >Subject: Re: AW: = [CANSLIM]=20 DFXI
>   > > >> >
>   = > >=20 >> >
>   > > >> >> ... and = still=20 more than you really wanted to know about "kudos":
>   = >=20 > >> >>
>   > > >> >> = From a=20 really cool site called "Take Our Word For It"
>   = > >=20 >> >> (http://www.takeourword.com/):>  =20 > > >> >>
>   > > >> = >>=20 "Kudos is simply Greek for "praise".  It is thought=20 to
>   > > have entered
>   > = >=20 >> >English
>   > > >> >> = as=20 university slang.  By 1799 we have a back-formed = verb
>  =20 > > kudize "to
>   > > >>=20 >praise",
>   > > >> >> so kudos = itself=20 was probably in use prior to that, though
>   > = >=20 >> the first known
>   > > >> = >>=20 recorded use of kudos comes from 1831.  Thereafter we=20 find
>   > > >> it used by = the
>  =20 > > >> >> likes of Disraeli and Darwin.  Darwin = wrote,=20 in one of his
>   > > >> letters:=20 "Lyell
>   > > >> >> has read about = half of=20 the volume in clean sheets, and gives
>   > > = >>=20 me very great
>   > > >> >>=20 kudos."
>   > > >> = >>
>  =20 > > >> >> Pronunciation in Britain is "cue-doss" = while in=20 America it
>   > > >> is=20 "koo-doze".
>   > > >> >> As with = many Greek=20 words, -os indicates a singular noun.
>   > > = Many=20 people
>   > > >> = >assume
>  =20 > > >> >> kudos is the  plural form, with the = singular=20 being a
>   > > kudo.  They = are
>  =20 > > >> >wrong.
>   > > >> = >>=20 Just wrong.
>   > > >>=20 >>
>   > > >> >> There was = once a=20 computer operating system called QDOS.  Was
>   = > >=20 >> it named by a
>   > > >> >> = Brit,=20 so that it sounded like kudos, or is that simply a
>   = >=20 > >> coincidence?"
>   > > >>=20 >>
>   > > >> >> ... and there = you=20 have it.
>   > > >> = >>
>  =20 > > >> >>
>   > > >> = >>=20 ----- Original Message -----
>   > > >> = >>=20 From: "Warren Keuffel" <wkeuffel@xmission.com>
&g= t;  =20 > > >> >> To: <canslim@lists.xmission.com= >
>  =20 > > >> >> Sent: Wednesday, January 09, 2002 8:23=20 PM
>   > > >> >> Subject: Re: AW: = [CANSLIM]=20 DFXI
>   > > >> = >>
>   >=20 > >> >>
>   > > >> >> = >=20 Jumping in here for Mike -- "Kudos" basically = means
>   >=20 > >> "Congratulations".
>   > > = >>=20 >> >  However <ahem> I was curious about the = etymology of=20 the word so
>   > > >> >> > = consulted my=20 American Heritage dictionary which defines it
>   > = >=20 >> as  "Acclaim
>   > > >> = >>=20 > or prestige as a result of achievement or position."=20 But
>   > > >> no guidance = on
>  =20 > > >> >> > etymology, darn it.  More than = you=20 wanted to know, right? <g>
>   > > = >>=20 >> >
>   > > >> >> >=20 Warren
>   > > >> >>=20 >
>   > > >> >> > Andreas = Himmelreich=20 wrote:
>   > > >> >>=20 >
>   > > >> >> > >Sorry to = ask=20 Mike, what means Kudos?
>   > > >> = >> >=20 >
>   > > >> >> >=20 >
>   > > >> >> >=20 >>-----Ursprungliche Nachricht-----
>   > = >=20 >> >> > >>Von: Mike Gibbons=20 [SMTP:webmaster@cwhcharts.com]
>   > > >> = >>=20 > >>Gesendet am: Wednesday, January 09, 2002 7:08=20 PM
>   > > >> >> > >>An: canslim@lists.xmission.com=
>  =20 > > >> >> > >>Betreff: RE: [CANSLIM]=20 DFXI
>   > > >> >> >=20 >>
>   > > >> >> > = >>Kudos to=20 you, you should be feeling pleased this morning
>   = > >=20 >> and justly
>   > > >>=20 >so.
>   > > >> >> >=20 >>
>   > > >> >> >=20 >>Aloha,
>   > > >> >> >=20 >>
>   > > >> >> > = >>Mike=20 Gibbons
>   > > >> >> >=20 >>
>   > > >> >> >=20 >>
>   > > >> >> >=20 >>
>   > > >> >> >=20 >>-----Original Message-----
>   > > = >>=20 >> > >>From: owner-canslim@lists.xmis= sion.com
>  =20 > > >> >> >=20 >>[mailto:owner-canslim@lists.xmission.com]On Behalf Of=20 Dave
>   > > >> >> > = >>Sent:=20 Wednesday, January 09, 2002 5:29 AM
>   > > = >>=20 >> > >>To: canslim@lists.xmission.com=
>  =20 > > >> >> > >>Subject: RE: [CANSLIM]=20 DFXI
>   > > >> >> >=20 >>
>   > > >> >> >=20 >>
>   > > >> >> > = >>True,=20 the handle was a bit sloppy but for the most part
>   = >=20 > >> volume in the
>   > > >> = >>=20 > >>handle was below normal. It also made a pretty nice=20 ascending
>   > > >>=20 >triangle.
>   > > >> >> >=20 >>
>   > > >> >> > = >>As for=20 the action at the end of the day, I think you're
>   = > >=20 >> reading too
>   > > >>=20 >much
>   > > >> >> > = >>into it.=20 The stock made a tremendous surge on volume in
>   = > >=20 >> the last half
>   > > >> >> = hour
>   > > >> >> > >>of = trading.=20 It then pulled back on lower volume but
>   > > = >>=20 didn't undercut
>   > > >>=20 >that
>   > > >> >> >=20 >>"intraday breakout point". It then found some new=20 buyers
>   > > >> at the = very
>  =20 > > >> >end
>   > > >> = >>=20 > >>of the session.
>   > > >> = >>=20 > >>
>   > > >> >> > = >>You=20 can find flaws in any chart formation. I've
>   > = >=20 missed many huge
>   > > >>=20 >winners
>   > > >> >> > = >>by=20 refusing to buy what I perceived as a flawed = handle,
>   >=20 > >> or by putting
>   > > >> = >>=20 too
>   > > >> >> > >>much = weight=20 on intraday analysis. Even IBD will go on to
>   > = >=20 >> call "perfect
>   > > >> >> = >=20 >>cup-handle breakouts" on stocks that have = somewhat
>  =20 > > questionable
>   > > >> >> = >=20 >>formations. I won't be surprised to see DFXI=20 mentioned
>   > > >> tomorrow as=20 a
>   > > >> >> = good
>  =20 > > >> >> > >>example.
>   = >=20 > >> >> > >>
>   > > = >>=20 >> > >>Of course hindsight is 20/20. Nevertheless I'm = glad=20 I
>   > > >> bought = yesterday
>  =20 > > >> >> :)
>   > > >> = >>=20 > >>
>   > > >> >> >=20 >>
>   > > >> >> >=20 >>>>Yes it did but fell back below it's high of the day.=20 Also,
>   > > >> >> >=20 >>>>
>   > > >> >> >=20 >>>action in the
>   > > >> = >> >=20 >>>
>   > > >> >> >=20 >>>>handle has been sloppy - one normally hopes to see=20 price
>   > > >> >> >=20 >>>>
>   > > >> >> >=20 >>>pullback on falling
>   > > >> = >> > >>>
>   > > >> = >>=20 > >>>>volume but in fact it's made a couple of attempts = to BO=20 on
>   > > >> >> >=20 >>>>
>   > > >> >> >=20 >>>above average
>   > > >> = >> >=20 >>>
>   > > >> >> >=20 >>>>volume since forming the pivot on 12/10. I=20 wouldn't
>   > > >> rush in with=20 an
>   > > >> >> >=20 >>>>overnight order!
>   > > = >>=20 >> > >>>>
>   > > >> = >>=20 > >>>>Mike Gibbons
>   > > = >>=20 >> > >>>>
>   > > >> = >>=20 > >>
>   > > >> >> >=20 >>-
>   > > >> >> > = >>-To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
>= ;  =20 > > >> >> > >>-In the email body, write = "subscribe=20 canslim" or
>   > > >> >> >=20 >>-"unsubscribe canslim".  Do not use quotes in your=20 email.
>   > > >> >> >=20 >>
>   > > >> >> >=20 >>
>   > > >> >> >=20 >>
>   > > >> >> >=20 >>-
>   > > >> >> > = >>-To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
>= ;  =20 > > >> >> > >>-In the email body, write = "subscribe=20 canslim" or
>   > > >> >> >=20 >>-"unsubscribe canslim".  Do not use quotes in your=20 email.
>   > > >> >> >=20 >>
>   > > >> >> >=20 >
>   > > >> >> >=20 >-
>   > > >> >> > >-To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
>= ;  =20 > > >> >> > >-In the email body, write = "subscribe=20 canslim" or
>   > > >> >> >=20 >-"unsubscribe canslim".  Do not use quotes in your=20 email.
>   > > >> >> >=20 >
>   > > >> >> >=20 >
>   > > >> >> >=20 >
>   > > >> >> = >
>  =20 > > >> >> >
>   > > = >>=20 >> >
>   > > >> >> >=20 -
>   > > >> >> > -To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
>= ;  =20 > > >> >> > -In the email body, write "subscribe = canslim"=20 or
>   > > >> >> > -"unsubscribe=20 canslim".  Do not use quotes in your email.
>   = > >=20 >> >> >
>   > > >>=20 >>
>   > > >> >> = -
>  =20 > > >> >> -To subscribe/unsubscribe, email "majordomo@xmission.com"
>= ;  =20 > > >> >> -In the email body, write "subscribe = canslim"=20 or
>   > > >> >> -"unsubscribe=20 canslim".  Do not use quotes in your email.
>   = > >=20 >> >
>   > > >> = >
>  =20 > > >>=20 = >_________________________________________________________
>&nbs= p; =20 > > >> >Do You Yahoo!?
>   > > = >>=20 >Get your free @yahoo.com address at http://mail.yahoo.com
> &nb= sp;=20 > > >> >
>   > > >>=20 >
>   > > >> >-
>   = >=20 > >> >-To subscribe/unsubscribe, email "majordomo@xmission.com"
>= ;  =20 > > >> >-In the email body, write "subscribe canslim"=20 or
>   > > >> >-"unsubscribe = canslim".  Do=20 not use quotes in your email.
>   > > >>=20 >
>   > > >> >
>   = > >=20 >>
>   > > >>
>   = > >=20 >> -
>   > > >> -To = subscribe/unsubscribe,=20 email "majordomo@xmission.com"
>= ;  =20 > > >> -In the email body, write "subscribe canslim"=20 or
>   > > >> -"unsubscribe = canslim".  Do not=20 use quotes in your email.
>   > >=20 >>
>   > > >
>   > = >=20 >
>   > > >-
>   > > = >-To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
>= ;  =20 > > >-In the email body, write "subscribe canslim"=20 or
>   > > >-"unsubscribe canslim".  Do = not use=20 quotes in your email.
>   > > = >
>  =20 > > >
>   > >
>   >=20 >
>   > > -
>   > > -To = subscribe/unsubscribe, email "majordomo@xmission.com"
>= ;  =20 > > -In the email body, write "subscribe canslim" = or
>  =20 > > -"unsubscribe canslim".  Do not use quotes in your=20 email.
>   > >
>   >=20
>   >
>   > = -
>   >=20 -To subscribe/unsubscribe, email "majordomo@xmission.com"
>= ;  =20 > -In the email body, write "subscribe canslim" = or
>   >=20 -"unsubscribe canslim".  Do not use quotes in your email.
> =
>
>
>   -
>   -To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
>= ;  =20 -In the email body, write "subscribe canslim" or
>  =20 -"unsubscribe canslim".  Do not use quotes in your email.
> =



-
-To subscribe/unsubscribe, email "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your email. ------=_NextPart_000_0086_01C19ABC.8F8D0F00-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Mike Hofmann" Subject: Re: [CANSLIM] Opinions on KKD? Date: 11 Jan 2002 15:58:42 -0800 JC, I hear there's a Ford plant coming available in about 2004 in Edison, NJ. ----- Original Message ----- Sent: Friday, January 11, 2002 11:43 AM > Howard, > > Thanks again for your comments and best of luck in your investments. > > Let me know if you can get me a "CANSLIM Message Board price break" on a > couple of acres in north Jersey for residential development! > > The rest of you wolves STAY AWAY ;) > > JC > > -----Original Message----- > From: Mhboatman@aol.com [mailto:Mhboatman@aol.com] > Sent: Friday, January 11, 2002 2:22 PM > To: canslim@lists.xmission.com > Subject: Re: [CANSLIM] Opinions on KKD? > > > John C. > > First of all I am not a true CANSLIMer. I I have been in the stock market > as > more of a hobby since we first purchased Sagamo Electric in about 1968. > Most > of our money has come from real estate investments -- raw land for > residential development and investments in apartments buildings. In the > past > 25 months I have been paying dues to the market gods to learn trading. I > have not passed the course yet much less graduated. So my opinions are not > necessarily consistent with other posts one finds on this site. > > KKD and CANSLIM; > > Others may feel KKD is a CANSLIM stock. It is not for me mainly because of > S. When I am seeking a CANSLIM investment I generally seek stocks > capitalized between 5 to 20 million shares. When (or if) a stock seeks to > breakout it will be because of demand relative to supply. At 53 million > shares outstanding (38 in float), it would take a substantial institutional > effort to move the stock in a manner generally desired with CONSLIM. Also > look at the pattern. I fail to see the desired clean, smoothly formed cup > which makes me expect any handle formed would be suspect and subsequent > breakout failure prone. In fact, if a cup and handle forms and we see a > quick run up in price I'll be out at the first sign of weakness. I believe > this stock will be a steady growe, maybe tending to became a saw-toothed > LLUR > in the months ahead. > > You mentioned your concern for M at this time. Well, in my opinion we are > already in the very early stages of a new bull market that we expect will be > > generally up as the tech stocks start promising increased earnings. I hope > to be fully invested again before the end of the month. > > Now this all worth what you are paying for it. I can also share with you > that I am correct about half the time -- my desire is to make more money on > the stocks that go up in value than I loose in the picks that go down. > > Good luck! > > Howard > > > - > -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. ------------------------------------------------------------------------------- From: Mhboatman@aol.com Subject: Re: [CANSLIM] Opinions on KKD? Date: 11 Jan 2002 20:34:51 EST If I recall correctly that is one of only two plants manufactoring the RANGER pickup. The other Ranger plant is here in St. Paul, Minneota and they apparently dodged the shut down. Ford looks like they are going to be aggressive in it's down sizing/restructuring efforts. Howard - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] (CANSLIM)Our Very Own Tom Worley Makes the Big Time!! Date: 11 Jan 2002 22:18:11 -0500 Thanks, Chris, do I get a T - shirt with that? Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message ----- Sent: Thursday, January 10, 2002 10:36 PM > GREAT article Tom!! You have now become an officialand permanent member of > my Smart Investor collection. > > _________________________________________________________________ > Get your FREE download of MSN Explorer at http://explorer.msn.com/intl.asp. > > - > -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. ------------------------------------------------------------------------------- From: "John Adair" Subject: RE: [CANSLIM] Perusing daily charts -- easiest way? Date: 11 Jan 2002 21:26:16 -0600 Thanks warren I will try it. I like to work in excel -----Original Message----- [mailto:owner-canslim@lists.xmission.com]On Behalf Of Warren Keuffel Sent: Friday, January 11, 2002 10:27 AM John, In ClearStation, bring up a stock chart. If you right click (assuming you are using a windoze machine) on the chart and then select "Save as..." you can store the image locally and then import it as an image into your Excel doc. If you don't want to capture the image then you'll have to build a new chart, which means capturing all the data and doing all the calculations. I hope this is the question you wanted an answer to! Warren John Adair wrote: >Hi warren >This is a good project >You might check tc2000 it has a flash type of screen viewing. And Metastock >allows viewing groups of stock charts. By the way how do you import and sort >stocks into excel. I basically know how to import csv files but haven't >tried charts > >-----Original Message----- >From: owner-canslim@lists.xmission.com >[mailto:owner-canslim@lists.xmission.com]On Behalf Of Warren Keuffel >Sent: Wednesday, January 09, 2002 10:07 PM >To: canslim@lists.xmission.com >Subject: Re: [CANSLIM] Perusing daily charts -- easiest way? > >I've just discovered a web site -- ClearStation -- that does what you >want. If you create a watch list there you can then have CS display the >charts for all your stocks in one browser page (up to 20 per page). I >like the portfolio tools on CS too. > >CANSLIMers -- anyone out there following ClearStation recommendations? >Any good? > >Warren > >J. David Stem wrote: > >>It seems one of the challenges of following and finding breakouts is >>to find a simple, quick way to view daily charts. I find DGO is great >>for identifying candidates on a weekly basis, particularly if the >>various screens are imported into Excel then sorted. The problem then >>is this: DGO takes too long to load individual charts, even when they >>are on a watch list. Now, maybe the problem would be solved if i had >>DSL (any comments on how fast DGO is with DSL?) >> >>However, even then, they have to be scrolled through one at a time. >>I've found that Yahoo's charting section allows me to input up to 25 >>symbols at a time. All 25 charts load on one long page. I can then >>scroll through very quickly, seeing what patterns I like. I can also >>save each weeks charts into my Favorites Folder very easily. The >>problem is, Yahoo doesn't adjust their prices until late at night. >>Which brings me to my question: Is there any service that allows you >>to view multiple full-size charts on one page like Yahoo... but loads >>the prices before midnight... OR is there any way to get the prices >>earlier on Yahoo. I'm just curious how others have found the quickest >>way to view the day's market action with individual charts. >> >>Dave in Los Angeles >> >>_________________________________________________________________ >>Join the world's largest e-mail service with MSN Hotmail. >>http://www.hotmail.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. > > > - -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. ------------------------------------------------------------------------------- From: "John Adair" Subject: RE: [CANSLIM] ASIA? Date: 11 Jan 2002 21:59:40 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_0006_01C19AEB.4499B280 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: 7bit Hi Katherine. The chart of Asia when blown up is super That took some doing. Care to share. -----Original Message----- [mailto:owner-canslim@lists.xmission.com]On Behalf Of Katherine Malm Sent: Friday, January 11, 2002 3:15 PM Just an experiment, but here's a marked chart: http://photos.yahoo.com/bc/katherinemalm/vwp?.dir=/CANSLIM&.dnm=ASIA+011102. jpg&.src=ph&.done=http%3a//photos.yahoo.com/bc/katherinemalm/vwp%3f.dir=/CAN SLIM%26.dnm=Up%2bDn%2bRatio%2bArticle%2b123101.jpg%26.src=ph Katherine ----- Original Message ----- Sent: Friday, January 11, 2002 2:52 PM I think we went around about this subject a few months ago, but I would put a different interpretation on the chart. I think the 12/4 spike marked the end of the right side of the cup, and the choppy sideways movement from that point constitutes a handle. So buying on 12/4 was not the proper buy point. The more appropriate buy point would be the day in January where price gapped up to close at about 20.90 or so. To me the formation of a handle part way up a cup doesn't make sense. Handles form at logical sell points, and the logical sell point is the resistance formed at the old high - the left side of the cup around end of June, first of July. Without a sort of definite point like an old high, any consolidation point along the way up the right side of the cup can be called a handle. Just my interpretation, I think during the discussion of this point a few months ago I was in a decided minority (one, maybe). On 10 Jan 2002 at 23:30, Dave wrote: > In hindsight if I had been watching ASIA on 12/4 I probably would have > bought. If you consider 11/27 to be the start of a short handle, the pivot > would be 17.33 and the stock could have been bought up to 18.20. In this > case, you would still be in the stock. > > As for now, it's definitely a gamble. Personally I like the month-long > consolidation and the near record volume over the past few days, and think > that if the Nasdaq resumes its rally, there's a good chance ASIA will go > along for the ride. > > > > -----Original Message----- > > From: owner-canslim@lists.xmission.com > > [mailto:owner-canslim@lists.xmission.com]On Behalf Of esetser > > Sent: Thursday, January 10, 2002 11:51 PM > > To: canslim@lists.xmission.com > > Subject: RE: [CANSLIM] ASIA? > > > > > > So you only consider cup with handles as true breakouts? I buy > > cups, cup > > with handles, double bottoms, and flat bases, maybe others. > > > > At 10:44 PM 1/10/02 -0500, you wrote: > > >I'm biased, but I prefer to see it as a high handle beginning > > on 12/6. The > > >volume that day was not so great, and there was no true > > handle, so I don't > > >consider it a true breakout. > > > > > >The handle beginning after that failure is nice and long and > > volume dried > > >up nicely towards the end. The volume on 1/6-1/7 was very high. > > > > > >Only time will tell the true story... > > > > > >> -----Original Message----- > > >> From: owner-canslim@lists.xmission.com > > >> [mailto:owner-canslim@lists.xmission.com]On Behalf Of esetser > > >> Sent: Thursday, January 10, 2002 11:25 PM > > >> To: canslim@lists.xmission.com > > >> Subject: Re: [CANSLIM] ASIA? > > >> > > >> > > >> I read this one differently. I see ASIA as a stock with a > > breakout to a > > >> new on 12/6. (And as a matter of fact, I bot it that day.) > > >> That breakout > > >> became suspect as the stock corrected and closed near its > > low during the > > >> day, and went on to be a failed breakout for anyone buying > > in during the > > >> day. The action since then is short of the 5 weeks minimum to > > >> define a new > > >> base, and is confusing in light of the new high it set.. I'm > > >> not sure where > > >> I would put a pivot on this one. The volume was fabulous for 2 > > >> days, but > > >> has remained almost as high for the last 2 day pullback, so I > > >> would be very > > >> cautious. > > >> > > >> At 04:58 PM 1/10/02 -0500, you wrote: > > >> >Hi, > > >> > > > >> >Just curious on comment about ASIA. Last few days it looked > > >> to be breaking > > >> >out of a nice chart formation. Alas, it seems to be > > breaking down or > > >> >allowing for another re-entry point. Any thoughts? > > >> > > > >> >Is this stock considered Canslim "worthy" even though it has > > >> seen higher > > >> >days (ie. not breaking to new highs)? > > >> > > > >> >Thanks, > > >> >Erik > > >> >PS. Forgive me if this has been the topic of recent > > >> discussion. I just moved > > >> >and missed the last week of my Canslim Group emails. > > >> > > > >> >----- Original Message ----- > > >> >From: "Mike Hofmann" < sfmcanslim@hotmail.com > > > >> >To: < canslim@lists.xmission.com > > > >> >Sent: Thursday, January 10, 2002 1:08 PM > > >> >Subject: Re: AW: [CANSLIM] DFXI > > >> > > > >> > > > >> >> ... and still more than you really wanted to know about "kudos": > > >> >> > > >> >> From a really cool site called "Take Our Word For It" > > >> >> ( http://www.takeourword.com/): > > >> >> > > >> >> "Kudos is simply Greek for "praise". It is thought to > > have entered > > >> >English > > >> >> as university slang. By 1799 we have a back-formed verb > > kudize "to > > >> >praise", > > >> >> so kudos itself was probably in use prior to that, though > > >> the first known > > >> >> recorded use of kudos comes from 1831. Thereafter we find > > >> it used by the > > >> >> likes of Disraeli and Darwin. Darwin wrote, in one of his > > >> letters: "Lyell > > >> >> has read about half of the volume in clean sheets, and gives > > >> me very great > > >> >> kudos." > > >> >> > > >> >> Pronunciation in Britain is "cue-doss" while in America it > > >> is "koo-doze". > > >> >> As with many Greek words, -os indicates a singular noun. > > Many people > > >> >assume > > >> >> kudos is the plural form, with the singular being a > > kudo. They are > > >> >wrong. > > >> >> Just wrong. > > >> >> > > >> >> There was once a computer operating system called QDOS. Was > > >> it named by a > > >> >> Brit, so that it sounded like kudos, or is that simply a > > >> coincidence?" > > >> >> > > >> >> ... and there you have it. > > >> >> > > >> >> > > >> >> ----- Original Message ----- > > >> >> From: "Warren Keuffel" < wkeuffel@xmission.com > > > >> >> To: < canslim@lists.xmission.com > > > >> >> Sent: Wednesday, January 09, 2002 8:23 PM > > >> >> Subject: Re: AW: [CANSLIM] DFXI > > >> >> > > >> >> > > >> >> > Jumping in here for Mike -- "Kudos" basically means > > >> "Congratulations". > > >> >> > However I was curious about the etymology of the word so > > >> >> > consulted my American Heritage dictionary which defines it > > >> as "Acclaim > > >> >> > or prestige as a result of achievement or position." But > > >> no guidance on > > >> >> > etymology, darn it. More than you wanted to know, right? > > >> >> > > > >> >> > Warren > > >> >> > > > >> >> > Andreas Himmelreich wrote: > > >> >> > > > >> >> > >Sorry to ask Mike, what means Kudos? > > >> >> > > > > >> >> > > > > >> >> > >>-----Ursprungliche Nachricht----- > > >> >> > >>Von: Mike Gibbons [SMTP:webmaster@cwhcharts.com] > > >> >> > >>Gesendet am: Wednesday, January 09, 2002 7:08 PM > > >> >> > >>An: canslim@lists.xmission.com > > >> >> > >>Betreff: RE: [CANSLIM] DFXI > > >> >> > >> > > >> >> > >>Kudos to you, you should be feeling pleased this morning > > >> and justly > > >> >so. > > >> >> > >> > > >> >> > >>Aloha, > > >> >> > >> > > >> >> > >>Mike Gibbons > > >> >> > >> > > >> >> > >> > > >> >> > >> > > >> >> > >>-----Original Message----- > > >> >> > >>From: owner-canslim@lists.xmission.com > > >> >> > >>[mailto:owner-canslim@lists.xmission.com]On Behalf Of Dave > > >> >> > >>Sent: Wednesday, January 09, 2002 5:29 AM > > >> >> > >>To: canslim@lists.xmission.com > > >> >> > >>Subject: RE: [CANSLIM] DFXI > > >> >> > >> > > >> >> > >> > > >> >> > >>True, the handle was a bit sloppy but for the most part > > >> volume in the > > >> >> > >>handle was below normal. It also made a pretty nice ascending > > >> >triangle. > > >> >> > >> > > >> >> > >>As for the action at the end of the day, I think you're > > >> reading too > > >> >much > > >> >> > >>into it. The stock made a tremendous surge on volume in > > >> the last half > > >> >> hour > > >> >> > >>of trading. It then pulled back on lower volume but > > >> didn't undercut > > >> >that > > >> >> > >>"intraday breakout point". It then found some new buyers > > >> at the very > > >> >end > > >> >> > >>of the session. > > >> >> > >> > > >> >> > >>You can find flaws in any chart formation. I've > > missed many huge > > >> >winners > > >> >> > >>by refusing to buy what I perceived as a flawed handle, > > >> or by putting > > >> >> too > > >> >> > >>much weight on intraday analysis. Even IBD will go on to > > >> call "perfect > > >> >> > >>cup-handle breakouts" on stocks that have somewhat > > questionable > > >> >> > >>formations. I won't be surprised to see DFXI mentioned > > >> tomorrow as a > > >> >> good > > >> >> > >>example. > > >> >> > >> > > >> >> > >>Of course hindsight is 20/20. Nevertheless I'm glad I > > >> bought yesterday > > >> >> :) > > >> >> > >> > > >> >> > >> > > >> >> > >>>>Yes it did but fell back below it's high of the day. Also, > > >> >> > >>>> > > >> >> > >>>action in the > > >> >> > >>> > > >> >> > >>>>handle has been sloppy - one normally hopes to see price > > >> >> > >>>> > > >> >> > >>>pullback on falling > > >> >> > >>> > > >> >> > >>>>volume but in fact it's made a couple of attempts to BO on > > >> >> > >>>> > > >> >> > >>>above average > > >> >> > >>> > > >> >> > >>>>volume since forming the pivot on 12/10. I wouldn't > > >> rush in with an > > >> >> > >>>>overnight order! > > >> >> > >>>> > > >> >> > >>>>Mike Gibbons > > >> >> > >>>> > > >> >> > >> > > >> >> > >>- > > >> >> > >>-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. > > >> >> > > > > >> >> > > > > >> >> > > > > >> >> > > > >> >> > > > >> >> > > > >> >> > - > > >> >> > -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!? > > >> >Get your free @yahoo.com address at http://mail.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. > > > > > > > > > > > > - > > -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. ------=_NextPart_000_0006_01C19AEB.4499B280 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable

Hi= Katherine. The chart of Asia when blown up is super   That took some doing. Care to = share.

 

-----Original Message-----
From: owner-canslim@lists.xmission.com = [mailto:owner-canslim@lists.xmission.com]On Behalf Of Katherine Malm
Sent: Friday, January 11, = 2002 3:15 PM
To: = canslim@lists.xmission.com
Subject: Re: [CANSLIM] = ASIA?

 

Just an experiment, but here's a marked chart:<= /p>

 <= /p>

http://photos.yahoo.com/bc/katherinemalm/vwp= ?.dir=3D/CANSLIM&.dnm=3DASIA+011102.jpg&.src=3Dph&.done=3Dhtt= p%3a//photos.yahoo.com/bc/katherinemalm/vwp%3f.dir=3D/CANSLIM%26.dnm=3DUp= %2bDn%2bRatio%2bArticle%2b123101.jpg%26.src=3Dph<= /p>

 <= /p>

Katherine<= /p>

----- Original Message -----

=

To: canslim@lists.xmission.com

Sent: Friday, = January 11, 2002 2:52 PM

Subject: RE: [CANSLIM] ASIA?

 <= /p>

I = think we went around about this subject a few months ago, but I would put a
different interpretation on the chart.  I think the 12/4 spike = marked the end of the
right side of the cup, and the choppy sideways movement from that point constitutes
a handle.  So buying on 12/4 was not the proper buy point.

The more appropriate buy point would be the day in January where price = gapped up
to close at about 20.90 or so.  To me the formation of a handle = part way up a cup
doesn't make sense.  Handles form at logical sell points, and the = logical sell point is
the resistance formed at the old high - the left side of the cup around = end of June,
first of July.  Without a sort of definite point like an old high, = any consolidation point
along the way up the right side of the cup can be called a handle.

Just my interpretation, I think during the discussion of this point a = few months ago I
was in a decided minority (one, maybe). 

On 10 Jan 2002 at 23:30, Dave wrote:

> In hindsight if I had been watching ASIA on 12/4 I probably would = have
> bought. If you consider 11/27 to be the start of a short handle, = the pivot
> would be 17.33 and the stock could have been bought up to 18.20. In = this
> case, you would still be in the stock.
>
> As for now, it's definitely a gamble. Personally I like the = month-long
> consolidation and the near record volume over the past few days, = and think
> that if the Nasdaq resumes its rally, there's a good chance ASIA = will go
> along for the ride.
>
>
> > -----Original Message-----
> > From: owner-canslim@lists.xmis= sion.com
> > [mailto:owner-canslim@lists.xmission.com]On Behalf Of = esetser
> > Sent: Thursday, January 10, 2002 11:51 PM
> > To: canslim@lists.xmission.com=
> > Subject: RE: [CANSLIM] ASIA?
> >
> >
> > So you only consider cup with handles as true breakouts?  = I buy
> > cups, cup
> > with handles, double bottoms, and flat bases, maybe = others.
> >
> > At 10:44 PM 1/10/02 -0500, you wrote:
> > >I'm biased, but I prefer to see it as a high handle = beginning
> > on 12/6. The
> > >volume that day was not so great, and there was no = true
> > handle, so I don't
> > >consider it a true breakout.
> > >
> > >The handle beginning after that failure is nice and long = and
> > volume dried
> > >up nicely towards the end. The volume on 1/6-1/7 was very = high.
> > >
> > >Only time will tell the true story...
> > >
> > >> -----Original Message-----
> > >> From: owner-canslim@lists.xmis= sion.com
> > >> [mailto:owner-canslim@lists.xmission.com]On Behalf Of esetser
> > >> Sent: Thursday, January 10, 2002 11:25 PM
> > >> To: canslim@lists.xmission.com=
> > >> Subject: Re: [CANSLIM] ASIA?
> > >>
> > >>
> > >> I read this one differently.  I see ASIA as a = stock with a
> > breakout to a
> > >> new on 12/6.  (And as a matter of fact, I bot it = that day.)
> > >> That breakout
> > >> became suspect as the stock corrected and closed near = its
> > low during the
> > >> day, and went on to be a failed breakout for anyone = buying
> > in during the
> > >> day.  The action since then is short of the 5 = weeks minimum to
> > >> define a new
> > >> base, and is confusing in light of the new high it = set.. I'm
> > >> not sure where
> > >> I would put a pivot on this one.  The volume was fabulous for 2
> > >> days, but
> > >> has remained almost as high for the last 2 day = pullback, so I
> > >> would be very
> > >> cautious.
> > >>
> > >> At 04:58 PM 1/10/02 -0500, you wrote:
> > >> >Hi,
> > >> >
> > >> >Just curious on comment about ASIA.  Last = few days it looked
> > >> to be breaking
> > >> >out of a nice chart formation.  Alas, it = seems to be
> > breaking down or
> > >> >allowing for another re-entry point.  Any = thoughts?
> > >> >
> > >> >Is this stock considered Canslim = "worthy" even though it has
> > >> seen higher
> > >> >days (ie. not breaking to new highs)?
> > >> >
> > >> >Thanks,
> > >> >Erik
> > >> >PS. Forgive me if this has been the topic of = recent
> > >> discussion. I just moved
> > >> >and missed the last week of my Canslim Group = emails.
> > >> >
> > >> >----- Original Message -----
> > >> >From: "Mike Hofmann" <sfmcanslim@hotmail.com>
= > > >> >To: <canslim@lists.xmission.com= >
> > >> >Sent: Thursday, January 10, 2002 1:08 PM
> > >> >Subject: Re: AW: [CANSLIM] DFXI
> > >> >
> > >> >
> > >> >> ... and still more than you really wanted to = know about "kudos":
> > >> >>
> > >> >> From a really cool site called "Take = Our Word For It"
> > >> >> (http://www.takeourword.com/): > > >> >>
> > >> >> "Kudos is simply Greek for = "praise".  It is thought to
> > have entered
> > >> >English
> > >> >> as university slang.  By 1799 we have a back-formed verb
> > kudize "to
> > >> >praise",
> > >> >> so kudos itself was probably in use prior to = that, though
> > >> the first known
> > >> >> recorded use of kudos comes from 1831.  Thereafter we find
> > >> it used by the
> > >> >> likes of Disraeli and Darwin.  Darwin = wrote, in one of his
> > >> letters: "Lyell
> > >> >> has read about half of the volume in clean = sheets, and gives
> > >> me very great
> > >> >> kudos."
> > >> >>
> > >> >> Pronunciation in Britain is = "cue-doss" while in America it
> > >> is "koo-doze".
> > >> >> As with many Greek words, -os indicates a = singular noun.
> > Many people
> > >> >assume
> > >> >> kudos is the  plural form, with the = singular being a
> > kudo.  They are
> > >> >wrong.
> > >> >> Just wrong.
> > >> >>
> > >> >> There was once a computer operating system = called QDOS.  Was
> > >> it named by a
> > >> >> Brit, so that it sounded like kudos, or is = that simply a
> > >> coincidence?"
> > >> >>
> > >> >> ... and there you have it.
> > >> >>
> > >> >>
> > >> >> ----- Original Message -----
> > >> >> From: "Warren Keuffel" <wkeuffel@xmission.com>
> > >> >> To: <canslim@lists.xmission.com= >
> > >> >> Sent: Wednesday, January 09, 2002 8:23 = PM
> > >> >> Subject: Re: AW: [CANSLIM] DFXI
> > >> >>
> > >> >>
> > >> >> > Jumping in here for Mike -- = "Kudos" basically means
> > >> "Congratulations".
> > >> >> >  However <ahem> I was = curious about the etymology of the word so
> > >> >> > consulted my American Heritage = dictionary which defines it
> > >> as  "Acclaim
> > >> >> > or prestige as a result of achievement = or position." But
> > >> no guidance on
> > >> >> > etymology, darn it.  More than you = wanted to know, right? <g>
> > >> >> >
> > >> >> > Warren
> > >> >> >
> > >> >> > Andreas Himmelreich wrote:
> > >> >> >
> > >> >> > >Sorry to ask Mike, what means = Kudos?
> > >> >> > >
> > >> >> > >
> > >> >> > >>-----Ursprungliche = Nachricht-----
> > >> >> > >>Von: Mike Gibbons [SMTP:webmaster@cwhcharts.com]
> > >> >> > >>Gesendet am: Wednesday, January = 09, 2002 7:08 PM
> > >> >> > >>An: canslim@lists.xmission.com=
> > >> >> > >>Betreff: RE: [CANSLIM] DFXI
> > >> >> > >>
> > >> >> > >>Kudos to you, you should be = feeling pleased this morning
> > >> and justly
> > >> >so.
> > >> >> > >>
> > >> >> > >>Aloha,
> > >> >> > >>
> > >> >> > >>Mike Gibbons
> > >> >> > >>
> > >> >> > >>
> > >> >> > >>
> > >> >> > >>-----Original Message-----
> > >> >> > >>From: owner-canslim@lists.xmis= sion.com
> > >> >> > = >>[mailto:owner-canslim@lists.xmission.com]On Behalf Of Dave
> > >> >> > >>Sent: Wednesday, January 09, = 2002 5:29 AM
> > >> >> > >>To: canslim@lists.xmission.com=
> > >> >> > >>Subject: RE: [CANSLIM] DFXI
> > >> >> > >>
> > >> >> > >>
> > >> >> > >>True, the handle was a bit = sloppy but for the most part
> > >> volume in the
> > >> >> > >>handle was below normal. It = also made a pretty nice ascending
> > >> >triangle.
> > >> >> > >>
> > >> >> > >>As for the action at the end of = the day, I think you're
> > >> reading too
> > >> >much
> > >> >> > >>into it. The stock made a = tremendous surge on volume in
> > >> the last half
> > >> >> hour
> > >> >> > >>of trading. It then pulled back = on lower volume but
> > >> didn't undercut
> > >> >that
> > >> >> > >>"intraday breakout = point". It then found some new buyers
> > >> at the very
> > >> >end
> > >> >> > >>of the session.
> > >> >> > >>
> > >> >> > >>You can find flaws in any chart formation. I've
> > missed many huge
> > >> >winners
> > >> >> > >>by refusing to buy what I = perceived as a flawed handle,
> > >> or by putting
> > >> >> too
> > >> >> > >>much weight on intraday = analysis. Even IBD will go on to
> > >> call "perfect
> > >> >> > >>cup-handle breakouts" on = stocks that have somewhat
> > questionable
> > >> >> > >>formations. I won't be = surprised to see DFXI mentioned
> > >> tomorrow as a
> > >> >> good
> > >> >> > >>example.
> > >> >> > >>
> > >> >> > >>Of course hindsight is 20/20. Nevertheless I'm glad I
> > >> bought yesterday
> > >> >> :)
> > >> >> > >>
> > >> >> > >>
> > >> >> > >>>>Yes it did but fell = back below it's high of the day. Also,
> > >> >> > >>>>
> > >> >> > >>>action in the
> > >> >> > >>>
> > >> >> > >>>>handle has been sloppy = - one normally hopes to see price
> > >> >> > >>>>
> > >> >> > >>>pullback on falling
> > >> >> > >>>
> > >> >> > >>>>volume but in fact it's = made a couple of attempts to BO on
> > >> >> > >>>>
> > >> >> > >>>above average
> > >> >> > >>>
> > >> >> > >>>>volume since forming = the pivot on 12/10. I wouldn't
> > >> rush in with an
> > >> >> > >>>>overnight order!
> > >> >> > >>>>
> > >> >> > >>>>Mike Gibbons
> > >> >> > >>>>
> > >> >> > >>
> > >> >> > >>-
> > >> >> > >>-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.
> > >> >> > >
> > >> >> > >
> > >> >> > >
> > >> >> >
> > >> >> >
> > >> >> >
> > >> >> > -
> > >> >> > -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!?
> > >> >Get your free @yahoo.com address at http://mail.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.
> > >
> > >
> >
> >
> > -
> > -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.<= /p>

------=_NextPart_000_0006_01C19AEB.4499B280-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: TRAC, INOD (was Re: [CANSLIM] ASIA?) Date: 11 Jan 2002 23:23:40 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_0123_01C19AF7.00ACAA80 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Sorry, Surindra, I glanced at the chart and didn't like it, but never = replied. The most immediate thing that I saw, and disliked, about TRAC was that = sales have been falling, or at least stagnant, for the past 4 qtrs on a = sequential basis. Year to year comparisons are good, as a result of = having a weak year to compare to. However, despite improved sales on a = y2y basis, earnings the past 2 qtrs were down sharply. INOD looks suspiciously alike, maybe the Chairman needs to just = concentrate on one company. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Friday, January 11, 2002 11:45 AM Subject: Re: [CANSLIM] ASIA? Hi Surinda, Noticed no takers on your TRAC inquiry. At $2.49 this flies too far = below my own radar to track, but took a look out of curiosity. Not a = particularly great earnings history. A penny here and there for years = until good earnings kicked in the last 4 quarters. Only 2% institutional = ownership, but maybe some of the recent high volume action is a microcap = fund loading up. Company recently announced a share buy back, so it = could just be that driving the price, though with 29 m float, it may not = affect the price all that much. Barry Hertz, the Chairman of the Board = holds the lion's share of the insider shares at 27m. Interesting note = that he's also Chairman of the Board of INOD. Katherine ----- Original Message -----=20 From: Surindra=20 To: canslim@lists.xmission.com=20 Sent: Thursday, January 10, 2002 8:38 PM Subject: RE: [CANSLIM] ASIA? You probably bought the shares I sold (made about 10% profit), I had = set stop loss on this, so got out. I bought TRAC, does not qualify to be canslim candidate yet. Comments/criticism welcome. Regards Surindra -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com] On Behalf Of Dave Sent: Thursday, January 10, 2002 7:53 PM To: canslim@lists.xmission.com Subject: RE: [CANSLIM] ASIA? I bought some today. I really like the chart, and the pullback came = on lower (but still good) volume, and it didn't undercut the breakout level. It's not what you want to see after a breakout, but the Nasdaq was = kind of weak today and if it's just a healthy pause, then ASIA may well resume its breakout. Also bought SAH yesterday, which did pretty well today. > -----Original Message----- > From: owner-canslim@lists.xmission.com=20 > [mailto:owner-canslim@lists.xmission.com]On Behalf Of Erik Harris > Sent: Thursday, January 10, 2002 4:59 PM > To: canslim@lists.xmission.com > Subject: [CANSLIM] ASIA? > > > Hi, > > Just curious on comment about ASIA. Last few days it looked to be = > breaking out of a nice chart formation. Alas, it seems to be = breaking > down or allowing for another re-entry point. Any thoughts? > > Is this stock considered Canslim "worthy" even though it has seen=20 > higher days (ie. not breaking to new highs)? > > Thanks, > Erik > PS. Forgive me if this has been the topic of recent discussion. I = just > moved and missed the last week of my Canslim Group emails. > > ----- Original Message ----- > From: "Mike Hofmann" > To: > Sent: Thursday, January 10, 2002 1:08 PM > Subject: Re: AW: [CANSLIM] DFXI > > > > ... and still more than you really wanted to know about "kudos": > > > > From a really cool site called "Take Our Word For It" > > (http://www.takeourword.com/): > > > > "Kudos is simply Greek for "praise". It is thought to have = entered > English > > as university slang. By 1799 we have a back-formed verb kudize = "to > praise", > > so kudos itself was probably in use prior to that, though the > first known > > recorded use of kudos comes from 1831. Thereafter we find it > used by the > > likes of Disraeli and Darwin. Darwin wrote, in one of his > letters: "Lyell > > has read about half of the volume in clean sheets, and gives > me very great > > kudos." > > > > Pronunciation in Britain is "cue-doss" while in America it is > "koo-doze". > > As with many Greek words, -os indicates a singular noun. Many=20 > > people > assume > > kudos is the plural form, with the singular being a kudo. They = are > wrong. > > Just wrong. > > > > There was once a computer operating system called QDOS. Was > it named by a > > Brit, so that it sounded like kudos, or is that simply a=20 > > coincidence?" > > > > ... and there you have it. > > > > > > ----- Original Message ----- > > From: "Warren Keuffel" > > To: > > Sent: Wednesday, January 09, 2002 8:23 PM > > Subject: Re: AW: [CANSLIM] DFXI > > > > > > > Jumping in here for Mike -- "Kudos" basically means > "Congratulations". > > > However I was curious about the etymology of the word = so=20 > > > consulted my American Heritage dictionary which defines it > as "Acclaim > > > or prestige as a result of achievement or position." But no > guidance on > > > etymology, darn it. More than you wanted to know, right? > > > > > > Warren > > > > > > Andreas Himmelreich wrote: > > > > > > >Sorry to ask Mike, what means Kudos? > > > > > > > > > > > >>-----Ursprungliche Nachricht----- > > > >>Von: Mike Gibbons [SMTP:webmaster@cwhcharts.com] Gesendet = am:=20 > > > >>Wednesday, January 09, 2002 7:08 PM > > > >>An: canslim@lists.xmission.com > > > >>Betreff: RE: [CANSLIM] DFXI > > > >> > > > >>Kudos to you, you should be feeling pleased this morning > and justly > so. > > > >> > > > >>Aloha, > > > >> > > > >>Mike Gibbons > > > >> > > > >> > > > >> > > > >>-----Original Message----- > > > >>From: owner-canslim@lists.xmission.com=20 > > > >>[mailto:owner-canslim@lists.xmission.com]On Behalf Of Dave > > > >>Sent: Wednesday, January 09, 2002 5:29 AM > > > >>To: canslim@lists.xmission.com > > > >>Subject: RE: [CANSLIM] DFXI > > > >> > > > >> > > > >>True, the handle was a bit sloppy but for the most part > volume in the > > > >>handle was below normal. It also made a pretty nice = ascending > triangle. > > > >> > > > >>As for the action at the end of the day, I think you're > reading too > much > > > >>into it. The stock made a tremendous surge on volume in > the last half > > hour > > > >>of trading. It then pulled back on lower volume but > didn't undercut > that > > > >>"intraday breakout point". It then found some new buyers > at the very > end > > > >>of the session. > > > >> > > > >>You can find flaws in any chart formation. I've missed many = huge > winners > > > >>by refusing to buy what I perceived as a flawed handle, > or by putting > > too > > > >>much weight on intraday analysis. Even IBD will go on to > call "perfect > > > >>cup-handle breakouts" on stocks that have somewhat = questionable=20 > > > >>formations. I won't be surprised to see DFXI mentioned > tomorrow as a > > good > > > >>example. > > > >> > > > >>Of course hindsight is 20/20. Nevertheless I'm glad I > bought yesterday > > :) > > > >> > > > >> > > > >>>>Yes it did but fell back below it's high of the day. Also, > > > >>>> > > > >>>action in the > > > >>> > > > >>>>handle has been sloppy - one normally hopes to see price > > > >>>> > > > >>>pullback on falling > > > >>> > > > >>>>volume but in fact it's made a couple of attempts to BO on > > > >>>> > > > >>>above average > > > >>> > > > >>>>volume since forming the pivot on 12/10. I wouldn't > rush in with an > > > >>>>overnight order! > > > >>>> > > > >>>>Mike Gibbons > > > >>>> > > > >> > > > >>- > > > >>-To subscribe/unsubscribe, email "majordomo@xmission.com" = -In=20 > > > >>the email body, write "subscribe canslim" or -"unsubscribe=20 > > > >>canslim". Do not use quotes in your email. > > > >> > > > >> > > > >> > > > >>- > > > >>-To subscribe/unsubscribe, email "majordomo@xmission.com" = -In=20 > > > >>the email body, write "subscribe canslim" or -"unsubscribe=20 > > > >>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=20 > > > email body, write "subscribe canslim" or -"unsubscribe = canslim". =20 > > > Do not use quotes in your email. > > > > > > > - > > -To subscribe/unsubscribe, email "majordomo@xmission.com" -In = the=20 > > email body, write "subscribe canslim" or -"unsubscribe canslim". = Do > > not use quotes in your email. > > > _________________________________________________________ > Do You Yahoo!? > Get your free @yahoo.com address at http://mail.yahoo.com > > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or -"unsubscribe=20 > 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!? Get your free @yahoo.com address at http://mail.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. ------=_NextPart_000_0123_01C19AF7.00ACAA80 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Sorry, Surindra, I glanced at the chart and = didn't like=20 it, but never replied.
 
The most immediate thing that I saw, and = disliked, about=20 TRAC was that sales have been falling, or at least stagnant, for the = past 4 qtrs=20 on a sequential basis. Year to year comparisons are good, as a result of = having=20 a weak year to compare to. However, despite improved sales on a y2y = basis,=20 earnings the past 2 qtrs were down sharply.
 
INOD looks suspiciously alike, maybe the = Chairman needs to=20 just concentrate on one company.
 
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Katherine=20 Malm
Sent: Friday, January 11, 2002 = 11:45=20 AM
Subject: Re: [CANSLIM] = ASIA?

Hi Surinda,
 
Noticed no takers on your TRAC inquiry. At $2.49 this flies too = far below=20 my own radar to track, but took a look out of curiosity. Not a = particularly=20 great earnings history. A penny here and there for years until good = earnings=20 kicked in the last 4 quarters. Only 2% institutional ownership, but = maybe some=20 of the recent high volume action is a microcap fund loading up. = Company=20 recently announced a share buy back, so it could just be that driving = the=20 price, though with 29 m float, it may not affect the price all that = much.=20 Barry Hertz, the Chairman of the Board holds the lion's share of the = insider=20 shares at 27m. Interesting note that he's also Chairman of the Board = of=20 INOD.
 
Katherine
----- Original Message -----
From:=20 Surindra=20
Sent: Thursday, January 10, = 2002 8:38=20 PM
Subject: RE: [CANSLIM] = ASIA?

You probably bought the shares I sold (made about 10% = profit), I had set
stop loss on this, so got out.

I bought = TRAC,=20 does not qualify to be canslim candidate yet.
Comments/criticism=20 welcome.

Regards

Surindra

-----Original=20 Message-----
From: owner-canslim@lists.xmis= sion.com
[mailto:owner-canslim@lists.xmission.com]=20 On Behalf Of Dave
Sent: Thursday, January 10, 2002 7:53 PM
To: = canslim@lists.xmission.com=
Subject:=20 RE: [CANSLIM] ASIA?


I bought some today. I really like = the chart,=20 and the pullback came on
lower (but still good) volume, and it = didn't=20 undercut the breakout
level.

It's not what you want to see = after a=20 breakout, but the Nasdaq was kind
of weak today and if it's just = a=20 healthy pause, then ASIA may well
resume its = breakout.

Also bought=20 SAH yesterday, which did pretty well today.


> = -----Original=20 Message-----
> From: owner-canslim@lists.xmis= sion.com=20
> [mailto:owner-canslim@lists.xmission.com]On Behalf Of Erik=20 Harris
> Sent: Thursday, January 10, 2002 4:59 PM
> To: = canslim@lists.xmission.com=
>=20 Subject: [CANSLIM] ASIA?
>
>
> Hi,
>
> = Just=20 curious on comment about ASIA.  Last few days it looked to be =
>=20 breaking out of a nice chart formation.  Alas, it seems to be=20 breaking

> down or allowing for another re-entry = point.  Any=20 thoughts?
>
> Is this stock considered Canslim "worthy" = even=20 though it has seen
> higher days (ie. not breaking to new=20 highs)?
>
> Thanks,
> Erik
> PS. Forgive me = if this=20 has been the topic of recent discussion. I just

> moved = and missed=20 the last week of my Canslim Group emails.
>
> ----- = Original=20 Message -----
> From: "Mike Hofmann" <sfmcanslim@hotmail.com>
= >=20 To: <canslim@lists.xmission.com= >
>=20 Sent: Thursday, January 10, 2002 1:08 PM
> Subject: Re: AW: = [CANSLIM]=20 DFXI
>
>
> > ... and still more than you really = wanted=20 to know about "kudos":
> >
> > From a really cool = site=20 called "Take Our Word For It"
> > (http://www.takeourword.com/):>=20 >
> > "Kudos is simply Greek for "praise".  It is = thought=20 to have entered
> English
> > as university = slang.  By=20 1799 we have a back-formed verb kudize "to
> praise",
> = > so=20 kudos itself was probably in use prior to that, though the
> = first=20 known
> > recorded use of kudos comes from 1831.  = Thereafter=20 we find it
> used by the
> > likes of Disraeli and=20 Darwin.  Darwin wrote, in one of his
> letters: = "Lyell
>=20 > has read about half of the volume in clean sheets, and = gives
> me=20 very great
> > kudos."
> >
> > = Pronunciation in=20 Britain is "cue-doss" while in America it is
> = "koo-doze".
>=20 > As with many Greek words, -os indicates a singular noun.  = Many=20
> > people
> assume
> > kudos is the  = plural=20 form, with the singular being a kudo.  They are
> = wrong.
>=20 > Just wrong.
> >
> > There was once a computer = operating system called QDOS.  Was
> it named by = a
> >=20 Brit, so that it sounded like kudos, or is that simply a
> = >=20 coincidence?"
> >
> > ... and there you have = it.
>=20 >
> >
> > ----- Original Message -----
> = >=20 From: "Warren Keuffel" <wkeuffel@xmission.com>
&g= t;=20 > To: <canslim@lists.xmission.com= >
>=20 > Sent: Wednesday, January 09, 2002 8:23 PM
> > Subject: = Re: AW:=20 [CANSLIM] DFXI
> >
> >
> > > Jumping = in here=20 for Mike -- "Kudos" basically means
> = "Congratulations".
> >=20 >  However <ahem> I was curious about the etymology of = the=20 word so
> > > consulted my American Heritage dictionary = which=20 defines it
> as  "Acclaim
> > > or prestige = as a=20 result of achievement or position." But no
> guidance = on
> >=20 > etymology, darn it.  More than you wanted to know, right?=20 <g>
> > >
> > > Warren
> >=20 >
> > > Andreas Himmelreich wrote:
> > = >
>=20 > > >Sorry to ask Mike, what means Kudos?
> > > = >
> > > >
> > > = >>-----Ursprungliche=20 Nachricht-----
> > > >>Von: Mike Gibbons=20 [SMTP:webmaster@cwhcharts.com] Gesendet am:
> > >=20 >>Wednesday, January 09, 2002 7:08 PM
> > > = >>An: canslim@lists.xmission.com=
>=20 > > >>Betreff: RE: [CANSLIM] DFXI
> > >=20 >>
> > > >>Kudos to you, you should be = feeling=20 pleased this morning
> and justly
> so.
> > = >=20 >>
> > > >>Aloha,
> > > = >>
>=20 > > >>Mike Gibbons
> > > >>
> = > >=20 >>
> > > >>
> > > = >>-----Original=20 Message-----
> > > >>From: owner-canslim@lists.xmis= sion.com=20
> > > = >>[mailto:owner-canslim@lists.xmission.com]On=20 Behalf Of Dave
> > > >>Sent: Wednesday, January = 09, 2002=20 5:29 AM
> > > >>To: canslim@lists.xmission.com=
>=20 > > >>Subject: RE: [CANSLIM] DFXI
> > >=20 >>
> > > >>
> > > >>True, = the=20 handle was a bit sloppy but for the most part
> volume in = the
>=20 > > >>handle was below normal. It also made a pretty = nice=20 ascending
> triangle.
> > > >>
> > = >=20 >>As for the action at the end of the day, I think = you're
>=20 reading too
> much
> > > >>into it. The = stock made a=20 tremendous surge on volume in
> the last half
> >=20 hour
> > > >>of trading. It then pulled back on = lower=20 volume but
> didn't undercut
> that
> > >=20 >>"intraday breakout point". It then found some new = buyers
> at=20 the very
> end
> > > >>of the = session.
> >=20 > >>
> > > >>You can find flaws in any = chart=20 formation. I've missed many huge
> winners
> > >=20 >>by refusing to buy what I perceived as a flawed = handle,
> or=20 by putting
> > too
> > > >>much weight on = intraday analysis. Even IBD will go on to
> call = "perfect
> >=20 > >>cup-handle breakouts" on stocks that have somewhat = questionable=20
> > > >>formations. I won't be surprised to see = DFXI=20 mentioned
> tomorrow as a
> > good
> > >=20 >>example.
> > > >>
> > > = >>Of=20 course hindsight is 20/20. Nevertheless I'm glad I
> bought=20 yesterday
> > :)
> > > >>
> > = >=20 >>
> > > >>>>Yes it did but fell back = below=20 it's high of the day. Also,
> > > = >>>>
> >=20 > >>>action in the
> > > = >>>
> >=20 > >>>>handle has been sloppy - one normally hopes to = see=20 price
> > > >>>>
> > >=20 >>>pullback on falling
> > > = >>>
> >=20 > >>>>volume but in fact it's made a couple of = attempts to BO=20 on
> > > >>>>
> > > = >>>above=20 average
> > > >>>
> > >=20 >>>>volume since forming the pivot on 12/10. I = wouldn't
>=20 rush in with an
> > > >>>>overnight = order!
>=20 > > >>>>
> > > >>>>Mike=20 Gibbons
> > > >>>>
> > >=20 >>
> > > >>-
> > > >>-To=20 subscribe/unsubscribe, email "majordomo@xmission.com" = -In=20
> > > >>the email body, write "subscribe canslim" = or=20 -"unsubscribe
> > > >>canslim".  Do not use = quotes=20 in your email.
> > > >>
> > > = >>
>=20 > > >>
> > > >>-
> > > = >>-To=20 subscribe/unsubscribe, email "majordomo@xmission.com" = -In=20
> > > >>the email body, write "subscribe canslim" = or=20 -"unsubscribe
> > > >>canslim".  Do not use = quotes=20 in your email.
> > > >>
> > > = >
>=20 > > >-
> > > >-To subscribe/unsubscribe, = email "majordomo@xmission.com" = -In=20 the

> > > >email body, write "subscribe canslim" = or=20 -"unsubscribe canslim".

> > > >Do not use quotes = in your=20 email.
> > > >
> > > >
> > = >=20 >
> > >
> > >
> > >
> = > >=20 -
> > > -To subscribe/unsubscribe, email "majordomo@xmission.com" = -In the=20
> > > email body, write "subscribe canslim" or = -"unsubscribe=20 canslim". 
> > > Do not use quotes in your = email.
>=20 > >
> >
> > -
> > -To=20 subscribe/unsubscribe, email "majordomo@xmission.com" = -In the=20
> > email body, write "subscribe canslim" or -"unsubscribe = canslim".  Do

> > not use quotes in your=20 email.
>
>
>=20 _________________________________________________________
> Do = You=20 Yahoo!?
> Get your free @yahoo.com address at http://mail.yahoo.com
>
><= BR>>=20 -
> -To subscribe/unsubscribe, email "majordomo@xmission.com"
>= ; -In=20 the email body, write "subscribe canslim" or -"unsubscribe
>=20 canslim".  Do not use quotes in your = email.
>


-
-To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your=20 = email.


_______________________________________________________= __
Do=20 You Yahoo!?
Get your free @yahoo.com address at http://mail.yahoo.com


-
= -To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your = email.
------=_NextPart_000_0123_01C19AF7.00ACAA80-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] ASIA? Date: 11 Jan 2002 23:58:22 -0500 Dave, the only way you truly lose is if you are not able to learn from the experience. I know I would be interested, and suspect many other members would also be interested, in you doing a retrospective piece on ASIA. There has been lots of discussion and feedback today and prior. Would be interested in your thoughts on the experience, what you may have learned from the group's comments you didn't know or see when you bought it, what you may do differently on this or another stock in the future, and what else you may have learned from it. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message ----- Sent: Friday, January 11, 2002 9:41 AM > You all win, I lose. This is clearly a failed breakout now. Out with a > small loss, and another lesson learned :) > > > -- > Dave > > > - > -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. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] Our Very Own Tom Worley Makes the Big TIme!! Date: 12 Jan 2002 00:17:49 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_017D_01C19AFE.91824950 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Ah, gee, Katherine, now you got me blushing! Never been accused of = kindness before, certainly not at work where I am a harsh taskmaster. = And quite a few other adjectives have been used about me here in this = group over the years, I think you just caught the "friendly" chapter in = the archives. I must be getting mellow in my old age. I'll try to do = better in the future. Ego not withstanding, I must admit I enjoyed the process. Claire was a = very good reporter, accurate no less. Unlike other reporters (and I = presume she is reading this along with some other unknown IBD reporters) = I have dealt with over the years, she didn't seem to have a personal = agenda, just interested in an accurate article.=20 Thanks to all for all the kind words. It does feed my ego. Now, I'll = have to respond with an inflated Weekend Weeview, and some good reviews = or picks. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Friday, January 11, 2002 8:04 AM Subject: Re: [CANSLIM] Our Very Own Tom Worley Makes the Big TIme!! Thanks for the kind words, John. Before joining the list, I read a = couple of months of archives and it was clear Tom was the list's guiding = force who set a tone of kindness, intelligence and wit. I'm just tickled = that he's been recognized after so many years of faithful service. Katherine ----- Original Message -----=20 From: Cefaloni, John L Jr. [AMSTA-AR-WEA]=20 To: 'canslim@lists.xmission.com'=20 Sent: Friday, January 11, 2002 6:57 AM Subject: RE: [CANSLIM] Our Very Own Tom Worley Makes the Big TIme!! Although I mostly lurk here, I have to add my congratulations too. Tom, Katherine and many others here provide intelligent discussions = that make this a truly valuable message board, which I find to be rare = in the world of online investing information. Congratulations Tom and THANKS. ------=_NextPart_000_017D_01C19AFE.91824950 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Ah, gee, Katherine, now you got me blushing! = Never been=20 accused of kindness before, certainly not at work where I am a harsh = taskmaster.=20 And quite a few other adjectives have been used about me here in this = group over=20 the years, I think you just caught the "friendly" chapter in the = archives. I=20 must be getting mellow in my old age. I'll try to do better in the=20 future.
 
Ego not withstanding, I must admit I enjoyed the = process.=20 Claire was a very good reporter, accurate no less. Unlike other = reporters (and I=20 presume she is reading this along with some other unknown IBD reporters) = I have=20 dealt with over the years, she didn't seem to have a personal agenda, = just=20 interested in an accurate article.
 
Thanks to all for all the kind words. It does = feed my ego.=20 Now, I'll have to respond with an inflated Weekend Weeview, and some = good=20 reviews or picks.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Katherine=20 Malm
Sent: Friday, January 11, 2002 = 8:04=20 AM
Subject: Re: [CANSLIM] Our Very = Own Tom=20 Worley Makes the Big TIme!!

Thanks for the kind words, John. Before joining the list, I read = a couple=20 of months of archives and it was clear Tom was the = list's guiding=20 force who set a tone of kindness, intelligence and wit. I'm just = tickled that=20 he's been recognized after so many years of faithful service.
 
Katherine
----- Original Message -----
From:=20 Cefaloni, John L Jr. = [AMSTA-AR-WEA]=20
Sent: Friday, January 11, = 2002 6:57=20 AM
Subject: RE: [CANSLIM] Our = Very Own Tom=20 Worley Makes the Big TIme!!

Although I mostly lurk here, I have to add my = congratulations=20 too.
 
Tom, Katherine and many others here provide intelligent = discussions=20 that make this a truly valuable message board, which I find to be = rare in=20 the world of online investing information.
 
Congratulations Tom and=20 THANKS.
------=_NextPart_000_017D_01C19AFE.91824950-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] Opinions on KKD? Date: 12 Jan 2002 00:23:19 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_018C_01C19AFF.55E34420 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Wouldn't make my criteria as a LLUR due to its extreme volatility. If I = had the time to sit in front of a monitor for some weeks, might be = tempted to try trading it short term, tho.=20 As I have mentioned before, I have a problem with its valuation, even = tho I love their glazed donuts hot off the rack. They need 13 cents to = just meet the full year forecast, looks possible but much less likely = they can surprise. And must average better than 15 cents each qtr next = year again to just meet forecasts. Strong growth, well executed business = plan for aggressive growth, but I keep coming back to valuations. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Friday, January 11, 2002 9:57 AM Subject: Re: [CANSLIM] Opinions on KKD? Hi John, Mixed bag. Terribly high PE as Andreas pointed out yesterday. But = printing higher highs and higher lows. An LLUR candidate in the making? = or a head & shoulders top starting to form? Can't tell...but I wouldn't = touch it unless it were clearer. If in since 11/14 B/O, nothing's = violated that except a brief dip below the pivot shortly after. Katherine ----- Original Message -----=20 From: Cefaloni, John L Jr. [AMSTA-AR-WEA]=20 To: canslim@lists.xmission.com=20 Sent: Friday, January 11, 2002 8:48 AM Subject: [CANSLIM] Opinions on KKD? Others have asked about this one recently, but there hasn't been = much discussion. Anyone have opinions on KKD's chart and it's legitimacy as a CANSLIM breakout candidate?=20 Thanks, John C. - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------=_NextPart_000_018C_01C19AFF.55E34420 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Wouldn't make my criteria as a LLUR due to its = extreme=20 volatility. If I had the time to sit in front of a monitor for some = weeks, might=20 be tempted to try trading it short term, tho.
 
As I have mentioned before, I have a problem = with its=20 valuation, even tho I love their glazed donuts hot off the rack. They = need 13=20 cents to just meet the full year forecast, looks possible but much less = likely=20 they can surprise. And must average better than 15 cents each qtr next = year=20 again to just meet forecasts. Strong growth, well executed business plan = for=20 aggressive growth, but I keep coming back to valuations.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Katherine=20 Malm
Sent: Friday, January 11, 2002 = 9:57=20 AM
Subject: Re: [CANSLIM] Opinions = on=20 KKD?

Hi John,
 
Mixed bag. Terribly high PE as Andreas pointed out yesterday. But = printing higher highs and higher lows. An LLUR candidate in the = making? or a=20 head & shoulders top starting to form? Can't tell...but I wouldn't = touch=20 it unless it were clearer. If in since 11/14 B/O, nothing's violated = that=20 except a brief dip below the pivot shortly after.
 
Katherine
----- Original Message -----
From:=20 Cefaloni, John L Jr. = [AMSTA-AR-WEA]=20
Sent: Friday, January 11, = 2002 8:48=20 AM
Subject: [CANSLIM] Opinions = on=20 KKD?

Others have asked about this one recently, but there = hasn't=20 been much
discussion.

Anyone have opinions on KKD's chart = and it's=20 legitimacy as a CANSLIM
breakout candidate? =

Thanks,
John=20 C.






-
-To subscribe/unsubscribe, email = "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your = email.
------=_NextPart_000_018C_01C19AFF.55E34420-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: AW: [CANSLIM] The mole Date: 12 Jan 2002 17:35:41 +0100 Sorry to ask you questions about wording, but my english is far from perfect. A mole is a "smal burrowing animal" (Websters Dictionary). So do you mean somebody (from IBD) who "watches" this board (which would be perfectly fine by me). If yes, then who is the "mole"? Andreas > -----Ursprungliche Nachricht----- > Von: Dave Cameron [SMTP:dfcameron@yahoo.com] > Gesendet am: Friday, January 11, 2002 9:00 PM > An: canslim@lists.xmission.com > Betreff: [CANSLIM] The mole > > > FWIW, I thought the article on Tom was well done. I believe I > understand his philosophy pretty well, and the article was consistent > with it. > > I knew we had people from IBD on the list from time to time, never > tried to figure out who. > > BTW, thanks to Katherine and all for pointing it out. I tend not to > read page B15. I concentrate on section A, and then look up my > stocks - or stocks to buy - but usually don't get back that far. I > would have missed it. > > > ===== > Dave Cameron > dfcameron@yahoo.com > > __________________________________________________ > Do You Yahoo!? > Send FREE video emails in Yahoo! Mail! > http://promo.yahoo.com/videomail/ > > - > -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. ------------------------------------------------------------------------------- From: "Patrick Wahl" Subject: Re: AW: [CANSLIM] The mole Date: 12 Jan 2002 10:07:58 -0700 The other meaning of a mole is a spy, from my dictionary - "a spy who establishes a cover long before beginning espionage." On 12 Jan 2002 at 17:35, Andreas Himmelreich wrote: > Sorry to ask you questions about wording, but my english is far from perfect. > A mole is a "smal burrowing animal" (Websters Dictionary). So do you mean somebody (from IBD) who "watches" this board (which would > be perfectly fine by me). > > If yes, then who is the "mole"? > > Andreas > > > > > -----Ursprungliche Nachricht----- > > Von: Dave Cameron [SMTP:dfcameron@yahoo.com] > > Gesendet am: Friday, January 11, 2002 9:00 PM > > An: canslim@lists.xmission.com > > Betreff: [CANSLIM] The mole > > > > > > FWIW, I thought the article on Tom was well done. I believe I > > understand his philosophy pretty well, and the article was consistent > > with it. > > > > I knew we had people from IBD on the list from time to time, never > > tried to figure out who. > > > > BTW, thanks to Katherine and all for pointing it out. I tend not to > > read page B15. I concentrate on section A, and then look up my > > stocks - or stocks to buy - but usually don't get back that far. I > > would have missed it. > > > > > > ===== > > Dave Cameron > > dfcameron@yahoo.com > > > > __________________________________________________ > > Do You Yahoo!? > > Send FREE video emails in Yahoo! Mail! > > http://promo.yahoo.com/videomail/ > > > > - > > -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. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] The mole Date: 12 Jan 2002 12:11:52 -0500 Good question, Andreas. Your understanding of the use of "mole" is completely correct, and your English is many times better than my German. Several of us are convinced that reporters / staffers of IBD are monitoring this group discussion site. That of itself is OK. But then we believe, based on a series of articles that have appeared in IBD in a remarkably short time frame after discussion in the group, that they are using our group collective wisdom and ideas and intellectual content to produce articles for publication in IBD. The problem is not so much that our ideas and talent are used for commercial purposes as it is that this is being taken from us without permission or credit. I have spoken to Jeff Salisbury, list owner, and am looking for channels and ideas (and any available proof) to try and stop this practice. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message ----- Sent: Saturday, January 12, 2002 11:35 AM > Sorry to ask you questions about wording, but my english is far from perfect. > A mole is a "smal burrowing animal" (Websters Dictionary). So do you mean somebody (from IBD) who "watches" this board (which would > be perfectly fine by me). > > If yes, then who is the "mole"? > > Andreas > > > > > -----Ursprungliche Nachricht----- > > Von: Dave Cameron [SMTP:dfcameron@yahoo.com] > > Gesendet am: Friday, January 11, 2002 9:00 PM > > An: canslim@lists.xmission.com > > Betreff: [CANSLIM] The mole > > > > > > FWIW, I thought the article on Tom was well done. I believe I > > understand his philosophy pretty well, and the article was consistent > > with it. > > > > I knew we had people from IBD on the list from time to time, never > > tried to figure out who. > > > > BTW, thanks to Katherine and all for pointing it out. I tend not to > > read page B15. I concentrate on section A, and then look up my > > stocks - or stocks to buy - but usually don't get back that far. I > > would have missed it. > > > > > > ===== > > Dave Cameron > > dfcameron@yahoo.com > > > > __________________________________________________ > > Do You Yahoo!? > > Send FREE video emails in Yahoo! Mail! > > http://promo.yahoo.com/videomail/ > > > > - > > -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. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: AW: [CANSLIM] The mole Date: 12 Jan 2002 18:29:47 +0100 Well, it would be certainly nice, if the mole would say: Hey, its me and I am going to bring this and that subject up to IBD. > -----Ursprungliche Nachricht----- > Von: Tom Worley [SMTP:stkguru@netside.net] > Gesendet am: Saturday, January 12, 2002 6:12 PM > An: canslim@lists.xmission.com > Betreff: Re: [CANSLIM] The mole > > Good question, Andreas. Your understanding of the use of "mole" is > completely correct, and your English is many times better than my German. > Several of us are convinced that reporters / staffers of IBD are monitoring > this group discussion site. That of itself is OK. But then we believe, based > on a series of articles that have appeared in IBD in a remarkably short time > frame after discussion in the group, that they are using our group > collective wisdom and ideas and intellectual content to produce articles for > publication in IBD. The problem is not so much that our ideas and talent > are used for commercial purposes as it is that this is being taken from us > without permission or credit. > > I have spoken to Jeff Salisbury, list owner, and am looking for channels and > ideas (and any available proof) to try and stop this practice. > > Tom Worley > stkguru@netside.net > AIM: TexWorley > ----- Original Message ----- > From: "Andreas Himmelreich" > To: > Sent: Saturday, January 12, 2002 11:35 AM > Subject: AW: [CANSLIM] The mole > > > > Sorry to ask you questions about wording, but my english is far from > perfect. > > A mole is a "smal burrowing animal" (Websters Dictionary). So do you mean > somebody (from IBD) who "watches" this board (which would > > be perfectly fine by me). > > > > If yes, then who is the "mole"? > > > > Andreas > > > > > > > > > -----Ursprungliche Nachricht----- > > > Von: Dave Cameron [SMTP:dfcameron@yahoo.com] > > > Gesendet am: Friday, January 11, 2002 9:00 PM > > > An: canslim@lists.xmission.com > > > Betreff: [CANSLIM] The mole > > > > > > > > > FWIW, I thought the article on Tom was well done. I believe I > > > understand his philosophy pretty well, and the article was consistent > > > with it. > > > > > > I knew we had people from IBD on the list from time to time, never > > > tried to figure out who. > > > > > > BTW, thanks to Katherine and all for pointing it out. I tend not to > > > read page B15. I concentrate on section A, and then look up my > > > stocks - or stocks to buy - but usually don't get back that far. I > > > would have missed it. > > > > > > > > > ===== > > > Dave Cameron > > > dfcameron@yahoo.com > > > > > > __________________________________________________ > > > Do You Yahoo!? > > > Send FREE video emails in Yahoo! Mail! > > > http://promo.yahoo.com/videomail/ > > > > > > - > > > -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. - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Joe Maguire Subject: Re: [CANSLIM] ASIA? Date: 12 Jan 2002 11:03:57 -0800 --------------665810C7BA5DC5F0FA800BF2 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit Kathern ,thx to you and all the other folks that make this a GREAT stock site . K. ..your commentary is most helpfull and insitefull [sp.] Sure do like todays chart presention on Yahoo of ASIA.Neat lay out with notes etc.. Thx again to all. Katherine Malm wrote: > Patrick, That's just about the coolest thing I've seen on the net in > ages! (OK, so I'm not very adventurous.) Thanks and here's the new > link to the chart: http://makeashorterlink.com/?R22F6694 Katherine > > ----- Original Message ----- > From: Patrick Wahl > To: canslim@lists.xmission.com > Sent: Friday, January 11, 2002 4:15 PM > Subject: Re: [CANSLIM] ASIA? > Wow, that's some link. Here is a suggestion on long links, > I've only used it once, > but it seemed to work. > > http://www.makeashorterlink.com/index.php > > Thanks for the chart. I'll stick with my interpretation, > but I'll add that the handle > seems a little loose, not ideal. I would say the breakout > fails around 19, a 7 to 8% > drop in price from the breakout. I think the pivot point > was close to 20.25 or so, I > tend to discount those intraday spikes, if they occur, and > use the close, so that > would not take the Dec. 4 (or whichever date it was) high > into account, just the > close. Not sure this is a legitimate approach, just a > personal quirk maybe. Anyway, > I think that anyone in this stock should stick with it a bit > longer. > > On 11 Jan 2002 at 15:14, Katherine Malm wrote: > > > Just an experiment, but here's a marked chart: > > > > > http://photos.yahoo.com/bc/katherinemalm/vwp?.dir=/CANSLIM&.dnm=ASIA+011102.jpg&.src=ph&.done=http%3a//photos.yahoo.com/bc/katherinemalm/vwp%3f.dir=/CANSLIM%26.dnm=Up%2bDn%2bRatio%2bArticle%2b123101.jpg%26.src=ph > > > > > Katherine > > ----- Original Message ----- > > From: Patrick Wahl > > To: canslim@lists.xmission.com > > Sent: Friday, January 11, 2002 2:52 PM > > Subject: RE: [CANSLIM] ASIA? > > > > > > I think we went around about this subject a few months > ago, but I would put a > > different interpretation on the chart. I think the 12/4 > spike marked the end of the > > right side of the cup, and the choppy sideways movement > from that point constitutes > > a handle. So buying on 12/4 was not the proper buy > point. > > > > The more appropriate buy point would be the day in > January where price gapped up > > to close at about 20.90 or so. To me the formation of a > handle part way up a cup > > doesn't make sense. Handles form at logical sell > points, and the logical sell point is > > the resistance formed at the old high - the left side of > the cup around end of June, > > first of July. Without a sort of definite point like an > old high, any consolidation point > > along the way up the right side of the cup can be called > a handle. > > > > Just my interpretation, I think during the discussion of > this point a few months ago I > > was in a decided minority (one, maybe). > > > > On 10 Jan 2002 at 23:30, Dave wrote: > > > > > In hindsight if I had been watching ASIA on 12/4 I > probably would have > > > bought. If you consider 11/27 to be the start of a > short handle, the pivot > > > would be 17.33 and the stock could have been bought up > to 18.20. In this > > > case, you would still be in the stock. > > > > > > As for now, it's definitely a gamble. Personally I > like the month-long > > > consolidation and the near record volume over the past > few days, and think > > > that if the Nasdaq resumes its rally, there's a good > chance ASIA will go > > > along for the ride. > > > > > > > > > > -----Original Message----- > > > > From: owner-canslim@lists.xmission.com > > > > [mailto:owner-canslim@lists.xmission.com]On Behalf > Of esetser > > > > Sent: Thursday, January 10, 2002 11:51 PM > > > > To: canslim@lists.xmission.com > > > > Subject: RE: [CANSLIM] ASIA? > > > > > > > > > > > > So you only consider cup with handles as true > breakouts? I buy > > > > cups, cup > > > > with handles, double bottoms, and flat bases, maybe > others. > > > > > > > > At 10:44 PM 1/10/02 -0500, you wrote: > > > > >I'm biased, but I prefer to see it as a high handle > beginning > > > > on 12/6. The > > > > >volume that day was not so great, and there was no > true > > > > handle, so I don't > > > > >consider it a true breakout. > > > > > > > > > >The handle beginning after that failure is nice and > long and > > > > volume dried > > > > >up nicely towards the end. The volume on 1/6-1/7 > was very high. > > > > > > > > > >Only time will tell the true story... > > > > > > > > > >> -----Original Message----- > > > > >> From: owner-canslim@lists.xmission.com > > > > >> [mailto:owner-canslim@lists.xmission.com]On > Behalf Of esetser > > > > >> Sent: Thursday, January 10, 2002 11:25 PM > > > > >> To: canslim@lists.xmission.com > > > > >> Subject: Re: [CANSLIM] ASIA? > > > > >> > > > > >> > > > > >> I read this one differently. I see ASIA as a > stock with a > > > > breakout to a > > > > >> new on 12/6. (And as a matter of fact, I bot it > that day.) > > > > >> That breakout > > > > >> became suspect as the stock corrected and closed > near its > > > > low during the > > > > >> day, and went on to be a failed breakout for > anyone buying > > > > in during the > > > > >> day. The action since then is short of the 5 > weeks minimum to > > > > >> define a new > > > > >> base, and is confusing in light of the new high > it set.. I'm > > > > >> not sure where > > > > >> I would put a pivot on this one. The volume was > fabulous for 2 > > > > >> days, but > > > > >> has remained almost as high for the last 2 day > pullback, so I > > > > >> would be very > > > > >> cautious. > > > > >> > > > > >> At 04:58 PM 1/10/02 -0500, you wrote: > > > > >> >Hi, > > > > >> > > > > > >> >Just curious on comment about ASIA. Last few > days it looked > > > > >> to be breaking > > > > >> >out of a nice chart formation. Alas, it seems > to be > > > > breaking down or > > > > >> >allowing for another re-entry point. Any > thoughts? > > > > >> > > > > > >> >Is this stock considered Canslim "worthy" even > though it has > > > > >> seen higher > > > > >> >days (ie. not breaking to new highs)? > > > > >> > > > > > >> >Thanks, > > > > >> >Erik > > > > >> >PS. Forgive me if this has been the topic of > recent > > > > >> discussion. I just moved > > > > >> >and missed the last week of my Canslim Group > emails. > > > > >> > > > > > >> >----- Original Message ----- > > > > >> >From: "Mike Hofmann" > > > > >> >To: > > > > >> >Sent: Thursday, January 10, 2002 1:08 PM > > > > >> >Subject: Re: AW: [CANSLIM] DFXI > > > > >> > > > > > >> > > > > > >> >> ... and still more than you really wanted to > know about "kudos": > > > > >> >> > > > > >> >> >From a really cool site called "Take Our Word > For It" > > > > >> >> (http://www.takeourword.com/): > > > > >> >> > > > > >> >> "Kudos is simply Greek for "praise". It is > thought to > > > > have entered > > > > >> >English > > > > >> >> as university slang. By 1799 we have a > back-formed verb > > > > kudize "to > > > > >> >praise", > > > > >> >> so kudos itself was probably in use prior to > that, though > > > > >> the first known > > > > >> >> recorded use of kudos comes from 1831. > Thereafter we find > > > > >> it used by the > > > > >> >> likes of Disraeli and Darwin. Darwin wrote, > in one of his > > > > >> letters: "Lyell > > > > >> >> has read about half of the volume in clean > sheets, and gives > > > > >> me very great > > > > >> >> kudos." > > > > >> >> > > > > >> >> Pronunciation in Britain is "cue-doss" while > in America it > > > > >> is "koo-doze". > > > > >> >> As with many Greek words, -os indicates a > singular noun. > > > > Many people > > > > >> >assume > > > > >> >> kudos is the plural form, with the singular > being a > > > > kudo. They are > > > > >> >wrong. > > > > >> >> Just wrong. > > > > >> >> > > > > >> >> There was once a computer operating system > called QDOS. Was > > > > >> it named by a > > > > >> >> Brit, so that it sounded like kudos, or is > that simply a > > > > >> coincidence?" > > > > >> >> > > > > >> >> ... and there you have it. > > > > >> >> > > > > >> >> > > > > >> >> ----- Original Message ----- > > > > >> >> From: "Warren Keuffel" > > > > > >> >> To: > > > > >> >> Sent: Wednesday, January 09, 2002 8:23 PM > > > > >> >> Subject: Re: AW: [CANSLIM] DFXI > > > > >> >> > > > > >> >> > > > > >> >> > Jumping in here for Mike -- "Kudos" > basically means > > > > >> "Congratulations". > > > > >> >> > However I was curious about the > etymology of the word so > > > > >> >> > consulted my American Heritage dictionary > which defines it > > > > >> as "Acclaim > > > > >> >> > or prestige as a result of achievement or > position." But > > > > >> no guidance on > > > > >> >> > etymology, darn it. More than you wanted to > know, right? > > > > >> >> > > > > > >> >> > Warren > > > > >> >> > > > > > >> >> > Andreas Himmelreich wrote: > > > > >> >> > > > > > >> >> > >Sorry to ask Mike, what means Kudos? > > > > >> >> > > > > > > >> >> > > > > > > >> >> > >>-----Ursprungliche Nachricht----- > > > > >> >> > >>Von: Mike Gibbons > [SMTP:webmaster@cwhcharts.com] > > > > >> >> > >>Gesendet am: Wednesday, January 09, 2002 > 7:08 PM > > > > >> >> > >>An: canslim@lists.xmission.com > > > > >> >> > >>Betreff: RE: [CANSLIM] DFXI > > > > >> >> > >> > > > > >> >> > >>Kudos to you, you should be feeling > pleased this morning > > > > >> and justly > > > > >> >so. > > > > >> >> > >> > > > > >> >> > >>Aloha, > > > > >> >> > >> > > > > >> >> > >>Mike Gibbons > > > > >> >> > >> > > > > >> >> > >> > > > > >> >> > >> > > > > >> >> > >>-----Original Message----- > > > > >> >> > >>From: owner-canslim@lists.xmission.com > > > > >> >> > > >>[mailto:owner-canslim@lists.xmission.com]On Behalf Of Dave > > > > > >> >> > >>Sent: Wednesday, January 09, 2002 5:29 AM > > > > >> >> > >>To: canslim@lists.xmission.com > > > > >> >> > >>Subject: RE: [CANSLIM] DFXI > > > > >> >> > >> > > > > >> >> > >> > > > > >> >> > >>True, the handle was a bit sloppy but for > the most part > > > > >> volume in the > > > > >> >> > >>handle was below normal. It also made a > pretty nice ascending > > > > >> >triangle. > > > > >> >> > >> > > > > >> >> > >>As for the action at the end of the day, I > think you're > > > > >> reading too > > > > >> >much > > > > >> >> > >>into it. The stock made a tremendous surge > on volume in > > > > >> the last half > > > > >> >> hour > > > > >> >> > >>of trading. It then pulled back on lower > volume but > > > > >> didn't undercut > > > > >> >that > > > > >> >> > >>"intraday breakout point". It then found > some new buyers > > > > >> at the very > > > > >> >end > > > > >> >> > >>of the session. > > > > >> >> > >> > > > > >> >> > >>You can find flaws in any chart formation. > I've > > > > missed many huge > > > > >> >winners > > > > >> >> > >>by refusing to buy what I perceived as a > flawed handle, > > > > >> or by putting > > > > >> >> too > > > > >> >> > >>much weight on intraday analysis. Even IBD > will go on to > > > > >> call "perfect > > > > >> >> > >>cup-handle breakouts" on stocks that have > somewhat > > > > questionable > > > > >> >> > >>formations. I won't be surprised to see > DFXI mentioned > > > > >> tomorrow as a > > > > >> >> good > > > > >> >> > >>example. > > > > >> >> > >> > > > > >> >> > >>Of course hindsight is 20/20. Nevertheless > I'm glad I > > > > >> bought yesterday > > > > >> >> :) > > > > >> >> > >> > > > > >> >> > >> > > > > >> >> > >>>>Yes it did but fell back below it's high > of the day. Also, > > > > >> >> > >>>> > > > > >> >> > >>>action in the > > > > >> >> > >>> > > > > >> >> > >>>>handle has been sloppy - one normally > hopes to see price > > > > >> >> > >>>> > > > > >> >> > >>>pullback on falling > > > > >> >> > >>> > > > > >> >> > >>>>volume but in fact it's made a couple of > attempts to BO on > > > > >> >> > >>>> > > > > >> >> > >>>above average > > > > >> >> > >>> > > > > >> >> > >>>>volume since forming the pivot on 12/10. > I wouldn't > > > > >> rush in with an > > > > >> >> > >>>>overnight order! > > > > >> >> > >>>> > > > > >> >> > >>>>Mike Gibbons > > > > >> >> > >>>> > > > > >> >> > >> > > > > >> >> > >>- > > > > >> >> > >>-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. > > > > >> >> > > > > > > >> >> > > > > > > >> >> > > > > > > >> >> > > > > > >> >> > > > > > >> >> > > > > > >> >> > - > > > > >> >> > -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!? > > > > >> >Get your free @yahoo.com address at > http://mail.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. > > > > > > > > > > > > > > > > > > > > > > - > > > > -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. > > > > > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. > --------------665810C7BA5DC5F0FA800BF2 Content-Type: text/html; charset=us-ascii Content-Transfer-Encoding: 7bit  Kathern ,thx to you and all the other folks that make this a GREAT  stock  site . K. ..your commentary is most helpfull and insitefull [sp.]
Sure do like todays chart presention on Yahoo of ASIA.Neat lay out with notes etc..  Thx again to all.
Katherine Malm wrote:
Patrick, That's just about the coolest thing I've seen on the net in ages! (OK, so I'm not very adventurous.) Thanks and here's the new link to the chart: http://makeashorterlink.com/?R22F6694 Katherine
----- Original Message -----
Sent: Friday, January 11, 2002 4:15 PM
Subject: Re: [CANSLIM] ASIA?
 Wow, that's some link.  Here is a suggestion on long links, I've only used it once,
but it seemed to work.

http://www.makeashorterlink.com/index.php

Thanks for the chart.  I'll stick with my interpretation, but I'll add that the handle
seems a little loose, not ideal.  I would say the breakout fails around 19, a 7 to 8%
drop in price from the breakout.  I think the pivot point was close to 20.25 or so, I
tend to discount those intraday spikes, if they occur, and use the close, so that
would not take the Dec. 4 (or whichever date it was) high into account, just the
close.  Not sure this is a legitimate approach, just a personal quirk maybe.  Anyway,
I think that anyone in this stock should stick with it a bit longer.

On 11 Jan 2002 at 15:14, Katherine Malm wrote:

> Just an experiment, but here's a marked chart:
>
> http://photos.yahoo.com/bc/katherinemalm/vwp?.dir=/CANSLIM&.dnm=ASIA+011102.jpg&.src=ph&.done=http%3a//photos.yahoo.com/bc/katherinemalm/vwp%3f.dir=/CANSLIM%26.dnm=Up%2bDn%2bRatio%2bArticle%2b123101.jpg%26.src=ph
>
> Katherine
>   ----- Original Message -----
>   From: Patrick Wahl
>   To: canslim@lists.xmission.com
>   Sent: Friday, January 11, 2002 2:52 PM
>   Subject: RE: [CANSLIM] ASIA?
>
>
>   I think we went around about this subject a few months ago, but I would put a
>   different interpretation on the chart.  I think the 12/4 spike marked the end of the
>   right side of the cup, and the choppy sideways movement from that point constitutes
>   a handle.  So buying on 12/4 was not the proper buy point.
>
>   The more appropriate buy point would be the day in January where price gapped up
>   to close at about 20.90 or so.  To me the formation of a handle part way up a cup
>   doesn't make sense.  Handles form at logical sell points, and the logical sell point is
>   the resistance formed at the old high - the left side of the cup around end of June,
>   first of July.  Without a sort of definite point like an old high, any consolidation point
>   along the way up the right side of the cup can be called a handle.
>
>   Just my interpretation, I think during the discussion of this point a few months ago I
>   was in a decided minority (one, maybe).
>
>   On 10 Jan 2002 at 23:30, Dave wrote:
>
>   > In hindsight if I had been watching ASIA on 12/4 I probably would have
>   > bought. If you consider 11/27 to be the start of a short handle, the pivot
>   > would be 17.33 and the stock could have been bought up to 18.20. In this
>   > case, you would still be in the stock.
>   >
>   > As for now, it's definitely a gamble. Personally I like the month-long
>   > consolidation and the near record volume over the past few days, and think
>   > that if the Nasdaq resumes its rally, there's a good chance ASIA will go
>   > along for the ride.
>   >
>   >
>   > > -----Original Message-----
>   > > From: owner-canslim@lists.xmission.com
>   > > [mailto:owner-canslim@lists.xmission.com]On Behalf Of esetser
>   > > Sent: Thursday, January 10, 2002 11:51 PM
>   > > To: canslim@lists.xmission.com
>   > > Subject: RE: [CANSLIM] ASIA?
>   > >
>   > >
>   > > So you only consider cup with handles as true breakouts?  I buy
>   > > cups, cup
>   > > with handles, double bottoms, and flat bases, maybe others.
>   > >
>   > > At 10:44 PM 1/10/02 -0500, you wrote:
>   > > >I'm biased, but I prefer to see it as a high handle beginning
>   > > on 12/6. The
>   > > >volume that day was not so great, and there was no true
>   > > handle, so I don't
>   > > >consider it a true breakout.
>   > > >
>   > > >The handle beginning after that failure is nice and long and
>   > > volume dried
>   > > >up nicely towards the end. The volume on 1/6-1/7 was very high.
>   > > >
>   > > >Only time will tell the true story...
>   > > >
>   > > >> -----Original Message-----
>   > > >> From: owner-canslim@lists.xmission.com
>   > > >> [mailto:owner-canslim@lists.xmission.com]On Behalf Of esetser
>   > > >> Sent: Thursday, January 10, 2002 11:25 PM
>   > > >> To: canslim@lists.xmission.com
>   > > >> Subject: Re: [CANSLIM] ASIA?
>   > > >>
>   > > >>
>   > > >> I read this one differently.  I see ASIA as a stock with a
>   > > breakout to a
>   > > >> new on 12/6.  (And as a matter of fact, I bot it that day.)
>   > > >> That breakout
>   > > >> became suspect as the stock corrected and closed near its
>   > > low during the
>   > > >> day, and went on to be a failed breakout for anyone buying
>   > > in during the
>   > > >> day.  The action since then is short of the 5 weeks minimum to
>   > > >> define a new
>   > > >> base, and is confusing in light of the new high it set.. I'm
>   > > >> not sure where
>   > > >> I would put a pivot on this one.  The volume was fabulous for 2
>   > > >> days, but
>   > > >> has remained almost as high for the last 2 day pullback, so I
>   > > >> would be very
>   > > >> cautious.
>   > > >>
>   > > >> At 04:58 PM 1/10/02 -0500, you wrote:
>   > > >> >Hi,
>   > > >> >
>   > > >> >Just curious on comment about ASIA.  Last few days it looked
>   > > >> to be breaking
>   > > >> >out of a nice chart formation.  Alas, it seems to be
>   > > breaking down or
>   > > >> >allowing for another re-entry point.  Any thoughts?
>   > > >> >
>   > > >> >Is this stock considered Canslim "worthy" even though it has
>   > > >> seen higher
>   > > >> >days (ie. not breaking to new highs)?
>   > > >> >
>   > > >> >Thanks,
>   > > >> >Erik
>   > > >> >PS. Forgive me if this has been the topic of recent
>   > > >> discussion. I just moved
>   > > >> >and missed the last week of my Canslim Group emails.
>   > > >> >
>   > > >> >----- Original Message -----
>   > > >> >From: "Mike Hofmann" <sfmcanslim@hotmail.com>
>   > > >> >To: <canslim@lists.xmission.com>
>   > > >> >Sent: Thursday, January 10, 2002 1:08 PM
>   > > >> >Subject: Re: AW: [CANSLIM] DFXI
>   > > >> >
>   > > >> >
>   > > >> >> ... and still more than you really wanted to know about "kudos":
>   > > >> >>
>   > > >> >> >From a really cool site called "Take Our Word For It"
>   > > >> >> (http://www.takeourword.com/):
>   > > >> >>
>   > > >> >> "Kudos is simply Greek for "praise".  It is thought to
>   > > have entered
>   > > >> >English
>   > > >> >> as university slang.  By 1799 we have a back-formed verb
>   > > kudize "to
>   > > >> >praise",
>   > > >> >> so kudos itself was probably in use prior to that, though
>   > > >> the first known
>   > > >> >> recorded use of kudos comes from 1831.  Thereafter we find
>   > > >> it used by the
>   > > >> >> likes of Disraeli and Darwin.  Darwin wrote, in one of his
>   > > >> letters: "Lyell
>   > > >> >> has read about half of the volume in clean sheets, and gives
>   > > >> me very great
>   > > >> >> kudos."
>   > > >> >>
>   > > >> >> Pronunciation in Britain is "cue-doss" while in America it
>   > > >> is "koo-doze".
>   > > >> >> As with many Greek words, -os indicates a singular noun.
>   > > Many people
>   > > >> >assume
>   > > >> >> kudos is the  plural form, with the singular being a
>   > > kudo.  They are
>   > > >> >wrong.
>   > > >> >> Just wrong.
>   > > >> >>
>   > > >> >> There was once a computer operating system called QDOS.  Was
>   > > >> it named by a
>   > > >> >> Brit, so that it sounded like kudos, or is that simply a
>   > > >> coincidence?"
>   > > >> >>
>   > > >> >> ... and there you have it.
>   > > >> >>
>   > > >> >>
>   > > >> >> ----- Original Message -----
>   > > >> >> From: "Warren Keuffel" <wkeuffel@xmission.com>
>   > > >> >> To: <canslim@lists.xmission.com>
>   > > >> >> Sent: Wednesday, January 09, 2002 8:23 PM
>   > > >> >> Subject: Re: AW: [CANSLIM] DFXI
>   > > >> >>
>   > > >> >>
>   > > >> >> > Jumping in here for Mike -- "Kudos" basically means
>   > > >> "Congratulations".
>   > > >> >> >  However <ahem> I was curious about the etymology of the word so
>   > > >> >> > consulted my American Heritage dictionary which defines it
>   > > >> as  "Acclaim
>   > > >> >> > or prestige as a result of achievement or position." But
>   > > >> no guidance on
>   > > >> >> > etymology, darn it.  More than you wanted to know, right? <g>
>   > > >> >> >
>   > > >> >> > Warren
>   > > >> >> >
>   > > >> >> > Andreas Himmelreich wrote:
>   > > >> >> >
>   > > >> >> > >Sorry to ask Mike, what means Kudos?
>   > > >> >> > >
>   > > >> >> > >
>   > > >> >> > >>-----Ursprungliche Nachricht-----
>   > > >> >> > >>Von: Mike Gibbons [SMTP:webmaster@cwhcharts.com]
>   > > >> >> > >>Gesendet am: Wednesday, January 09, 2002 7:08 PM
>   > > >> >> > >>An: canslim@lists.xmission.com
>   > > >> >> > >>Betreff: RE: [CANSLIM] DFXI
>   > > >> >> > >>
>   > > >> >> > >>Kudos to you, you should be feeling pleased this morning
>   > > >> and justly
>   > > >> >so.
>   > > >> >> > >>
>   > > >> >> > >>Aloha,
>   > > >> >> > >>
>   > > >> >> > >>Mike Gibbons
>   > > >> >> > >>
>   > > >> >> > >>
>   > > >> >> > >>
>   > > >> >> > >>-----Original Message-----
>   > > >> >> > >>From: owner-canslim@lists.xmission.com
>   > > >> >> > >>[mailto:owner-canslim@lists.xmission.com]On Behalf Of Dave
>   > > >> >> > >>Sent: Wednesday, January 09, 2002 5:29 AM
>   > > >> >> > >>To: canslim@lists.xmission.com
>   > > >> >> > >>Subject: RE: [CANSLIM] DFXI
>   > > >> >> > >>
>   > > >> >> > >>
>   > > >> >> > >>True, the handle was a bit sloppy but for the most part
>   > > >> volume in the
>   > > >> >> > >>handle was below normal. It also made a pretty nice ascending
>   > > >> >triangle.
>   > > >> >> > >>
>   > > >> >> > >>As for the action at the end of the day, I think you're
>   > > >> reading too
>   > > >> >much
>   > > >> >> > >>into it. The stock made a tremendous surge on volume in
>   > > >> the last half
>   > > >> >> hour
>   > > >> >> > >>of trading. It then pulled back on lower volume but
>   > > >> didn't undercut
>   > > >> >that
>   > > >> >> > >>"intraday breakout point". It then found some new buyers
>   > > >> at the very
>   > > >> >end
>   > > >> >> > >>of the session.
>   > > >> >> > >>
>   > > >> >> > >>You can find flaws in any chart formation. I've
>   > > missed many huge
>   > > >> >winners
>   > > >> >> > >>by refusing to buy what I perceived as a flawed handle,
>   > > >> or by putting
>   > > >> >> too
>   > > >> >> > >>much weight on intraday analysis. Even IBD will go on to
>   > > >> call "perfect
>   > > >> >> > >>cup-handle breakouts" on stocks that have somewhat
>   > > questionable
>   > > >> >> > >>formations. I won't be surprised to see DFXI mentioned
>   > > >> tomorrow as a
>   > > >> >> good
>   > > >> >> > >>example.
>   > > >> >> > >>
>   > > >> >> > >>Of course hindsight is 20/20. Nevertheless I'm glad I
>   > > >> bought yesterday
>   > > >> >> :)
>   > > >> >> > >>
>   > > >> >> > >>
>   > > >> >> > >>>>Yes it did but fell back below it's high of the day. Also,
>   > > >> >> > >>>>
>   > > >> >> > >>>action in the
>   > > >> >> > >>>
>   > > >> >> > >>>>handle has been sloppy - one normally hopes to see price
>   > > >> >> > >>>>
>   > > >> >> > >>>pullback on falling
>   > > >> >> > >>>
>   > > >> >> > >>>>volume but in fact it's made a couple of attempts to BO on
>   > > >> >> > >>>>
>   > > >> >> > >>>above average
>   > > >> >> > >>>
>   > > >> >> > >>>>volume since forming the pivot on 12/10. I wouldn't
>   > > >> rush in with an
>   > > >> >> > >>>>overnight order!
>   > > >> >> > >>>>
>   > > >> >> > >>>>Mike Gibbons
>   > > >> >> > >>>>
>   > > >> >> > >>
>   > > >> >> > >>-
>   > > >> >> > >>-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.
>   > > >> >> > >
>   > > >> >> > >
>   > > >> >> > >
>   > > >> >> >
>   > > >> >> >
>   > > >> >> >
>   > > >> >> > -
>   > > >> >> > -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!?
>   > > >> >Get your free @yahoo.com address at http://mail.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.
>   > > >
>   > > >
>   > >
>   > >
>   > > -
>   > > -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.
>
 
 

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

--------------665810C7BA5DC5F0FA800BF2-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "dannygottlieb" Subject: Re: [CANSLIM] Our Very Own Tom Worley Makes the Big TIme!! Date: 12 Jan 2002 18:39:53 +0200 This is a multi-part message in MIME format. ------=_NextPart_000_0090_01C19B98.864E57A0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Congratulations, Tom, and very well deserved.Now that we have the = article, when do you publish your book on CANSLIM investing? I am sure it would = give HTMMIS some competition and fill in a lot of blanks. Danny ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Saturday, January 12, 2002 7:17 AM Subject: Re: [CANSLIM] Our Very Own Tom Worley Makes the Big TIme!! Ah, gee, Katherine, now you got me blushing! Never been accused of = kindness before, certainly not at work where I am a harsh taskmaster. = And quite a few other adjectives have been used about me here in this = group over the years, I think you just caught the "friendly" chapter in = the archives. I must be getting mellow in my old age. I'll try to do = better in the future. =20 Ego not withstanding, I must admit I enjoyed the process. Claire was a = very good reporter, accurate no less. Unlike other reporters (and I = presume she is reading this along with some other unknown IBD reporters) = I have dealt with over the years, she didn't seem to have a personal = agenda, just interested in an accurate article.=20 =20 Thanks to all for all the kind words. It does feed my ego. Now, I'll = have to respond with an inflated Weekend Weeview, and some good reviews = or picks. =20 Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Friday, January 11, 2002 8:04 AM Subject: Re: [CANSLIM] Our Very Own Tom Worley Makes the Big TIme!! Thanks for the kind words, John. Before joining the list, I read a = couple of months of archives and it was clear Tom was the list's guiding = force who set a tone of kindness, intelligence and wit. I'm just tickled = that he's been recognized after so many years of faithful service. Katherine ----- Original Message -----=20 From: Cefaloni, John L Jr. [AMSTA-AR-WEA]=20 To: 'canslim@lists.xmission.com'=20 Sent: Friday, January 11, 2002 6:57 AM Subject: RE: [CANSLIM] Our Very Own Tom Worley Makes the Big = TIme!! Although I mostly lurk here, I have to add my congratulations too. =20 Tom, Katherine and many others here provide intelligent = discussions that make this a truly valuable message board, which I find = to be rare in the world of online investing information. =20 Congratulations Tom and THANKS. ------=_NextPart_000_0090_01C19B98.864E57A0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Congratulations, Tom, and very well deserved.Now = that we=20 have the article,
 when do you=20 publish  your book = on CANSLIM=20 investing? I am sure it would
give HTMMIS = some competition=20 and fill in a lot of blanks.
    Danny
----- Original Message -----
From:=20 Tom = Worley=20
To: canslim@lists.xmission.com =
Sent: Saturday, January 12, = 2002 7:17=20 AM
Subject: Re: [CANSLIM] Our Very = Own Tom=20 Worley Makes the Big TIme!!

Ah, gee, Katherine, now you got me blushing! = Never been=20 accused of kindness before, certainly not at work where I am a harsh=20 taskmaster. And quite a few other adjectives have been used about me = here in=20 this group over the years, I think you just caught the "friendly" = chapter in=20 the archives. I must be getting mellow in my old age. I'll try to do = better in=20 the future.
 
Ego not withstanding, I must admit I enjoyed = the=20 process. Claire was a very good reporter, accurate no less. Unlike = other=20 reporters (and I presume she is reading this along with some other = unknown IBD=20 reporters) I have dealt with over the years, she didn't seem to have a = personal agenda, just interested in an accurate article.
 
Thanks to all for all the kind words. It does = feed my=20 ego. Now, I'll have to respond with an inflated Weekend Weeview, and = some good=20 reviews or picks.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Katherine=20 Malm
To: canslim@lists.xmission.com =
Sent: Friday, January 11, = 2002 8:04=20 AM
Subject: Re: [CANSLIM] Our = Very Own Tom=20 Worley Makes the Big TIme!!

Thanks for the kind words, John. Before joining the list, I = read a=20 couple of months of archives and it was clear Tom was the=20 list's guiding force who set a tone of kindness, intelligence = and wit.=20 I'm just tickled that he's been recognized after so many years of = faithful=20 service.
 
Katherine
----- Original Message ----- =
From:=20 Cefaloni, John L Jr. = [AMSTA-AR-WEA]=20
To: 'canslim@lists.xmission.com' =
Sent: Friday, January 11, = 2002 6:57=20 AM
Subject: RE: [CANSLIM] Our = Very Own=20 Tom Worley Makes the Big TIme!!

Although I mostly lurk here, I have to add my = congratulations=20 too.
 
Tom, Katherine and many others here provide intelligent = discussions=20 that make this a truly valuable message board, which I find to be = rare in=20 the world of online investing information.
 
Congratulations Tom and=20 = THANKS.
= ------=_NextPart_000_0090_01C19B98.864E57A0-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Joe Maguire Subject: Re: [CANSLIM] ASIA? Date: 12 Jan 2002 11:07:44 -0800 --------------8831E6268807038F7BD0D8C6 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit Kathern..you send all the charts you like Joe M., San Diego Katherine Malm wrote: > One last view of > ASIA...weekly... http://makeashorterlink.com/?F29F5294 No more charts, > I promise! Katherine > > ----- Original Message ----- > From: Patrick Wahl > To: canslim@lists.xmission.com > Sent: Friday, January 11, 2002 4:15 PM > Subject: Re: [CANSLIM] ASIA? > Wow, that's some link. Here is a suggestion on long links, > I've only used it once, > but it seemed to work. > > http://www.makeashorterlink.com/index.php > > Thanks for the chart. I'll stick with my interpretation, > but I'll add that the handle > seems a little loose, not ideal. I would say the breakout > fails around 19, a 7 to 8% > drop in price from the breakout. I think the pivot point > was close to 20.25 or so, I > tend to discount those intraday spikes, if they occur, and > use the close, so that > would not take the Dec. 4 (or whichever date it was) high > into account, just the > close. Not sure this is a legitimate approach, just a > personal quirk maybe. Anyway, > I think that anyone in this stock should stick with it a bit > longer. > > On 11 Jan 2002 at 15:14, Katherine Malm wrote: > > > Just an experiment, but here's a marked chart: > > > > > http://photos.yahoo.com/bc/katherinemalm/vwp?.dir=/CANSLIM&.dnm=ASIA+011102.jpg&.src=ph&.done=http%3a//photos.yahoo.com/bc/katherinemalm/vwp%3f.dir=/CANSLIM%26.dnm=Up%2bDn%2bRatio%2bArticle%2b123101.jpg%26.src=ph > > > > > Katherine > > ----- Original Message ----- > > From: Patrick Wahl > > To: canslim@lists.xmission.com > > Sent: Friday, January 11, 2002 2:52 PM > > Subject: RE: [CANSLIM] ASIA? > > > > > > I think we went around about this subject a few months > ago, but I would put a > > different interpretation on the chart. I think the 12/4 > spike marked the end of the > > right side of the cup, and the choppy sideways movement > from that point constitutes > > a handle. So buying on 12/4 was not the proper buy > point. > > > > The more appropriate buy point would be the day in > January where price gapped up > > to close at about 20.90 or so. To me the formation of a > handle part way up a cup > > doesn't make sense. Handles form at logical sell > points, and the logical sell point is > > the resistance formed at the old high - the left side of > the cup around end of June, > > first of July. Without a sort of definite point like an > old high, any consolidation point > > along the way up the right side of the cup can be called > a handle. > > > > Just my interpretation, I think during the discussion of > this point a few months ago I > > was in a decided minority (one, maybe). > > > > On 10 Jan 2002 at 23:30, Dave wrote: > > > > > In hindsight if I had been watching ASIA on 12/4 I > probably would have > > > bought. If you consider 11/27 to be the start of a > short handle, the pivot > > > would be 17.33 and the stock could have been bought up > to 18.20. In this > > > case, you would still be in the stock. > > > > > > As for now, it's definitely a gamble. Personally I > like the month-long > > > consolidation and the near record volume over the past > few days, and think > > > that if the Nasdaq resumes its rally, there's a good > chance ASIA will go > > > along for the ride. > > > > > > > > > > -----Original Message----- > > > > From: owner-canslim@lists.xmission.com > > > > [mailto:owner-canslim@lists.xmission.com]On Behalf > Of esetser > > > > Sent: Thursday, January 10, 2002 11:51 PM > > > > To: canslim@lists.xmission.com > > > > Subject: RE: [CANSLIM] ASIA? > > > > > > > > > > > > So you only consider cup with handles as true > breakouts? I buy > > > > cups, cup > > > > with handles, double bottoms, and flat bases, maybe > others. > > > > > > > > At 10:44 PM 1/10/02 -0500, you wrote: > > > > >I'm biased, but I prefer to see it as a high handle > beginning > > > > on 12/6. The > > > > >volume that day was not so great, and there was no > true > > > > handle, so I don't > > > > >consider it a true breakout. > > > > > > > > > >The handle beginning after that failure is nice and > long and > > > > volume dried > > > > >up nicely towards the end. The volume on 1/6-1/7 > was very high. > > > > > > > > > >Only time will tell the true story... > > > > > > > > > >> -----Original Message----- > > > > >> From: owner-canslim@lists.xmission.com > > > > >> [mailto:owner-canslim@lists.xmission.com]On > Behalf Of esetser > > > > >> Sent: Thursday, January 10, 2002 11:25 PM > > > > >> To: canslim@lists.xmission.com > > > > >> Subject: Re: [CANSLIM] ASIA? > > > > >> > > > > >> > > > > >> I read this one differently. I see ASIA as a > stock with a > > > > breakout to a > > > > >> new on 12/6. (And as a matter of fact, I bot it > that day.) > > > > >> That breakout > > > > >> became suspect as the stock corrected and closed > near its > > > > low during the > > > > >> day, and went on to be a failed breakout for > anyone buying > > > > in during the > > > > >> day. The action since then is short of the 5 > weeks minimum to > > > > >> define a new > > > > >> base, and is confusing in light of the new high > it set.. I'm > > > > >> not sure where > > > > >> I would put a pivot on this one. The volume was > fabulous for 2 > > > > >> days, but > > > > >> has remained almost as high for the last 2 day > pullback, so I > > > > >> would be very > > > > >> cautious. > > > > >> > > > > >> At 04:58 PM 1/10/02 -0500, you wrote: > > > > >> >Hi, > > > > >> > > > > > >> >Just curious on comment about ASIA. Last few > days it looked > > > > >> to be breaking > > > > >> >out of a nice chart formation. Alas, it seems > to be > > > > breaking down or > > > > >> >allowing for another re-entry point. Any > thoughts? > > > > >> > > > > > >> >Is this stock considered Canslim "worthy" even > though it has > > > > >> seen higher > > > > >> >days (ie. not breaking to new highs)? > > > > >> > > > > > >> >Thanks, > > > > >> >Erik > > > > >> >PS. Forgive me if this has been the topic of > recent > > > > >> discussion. I just moved > > > > >> >and missed the last week of my Canslim Group > emails. > > > > >> > > > > > >> >----- Original Message ----- > > > > >> >From: "Mike Hofmann" > > > > >> >To: > > > > >> >Sent: Thursday, January 10, 2002 1:08 PM > > > > >> >Subject: Re: AW: [CANSLIM] DFXI > > > > >> > > > > > >> > > > > > >> >> ... and still more than you really wanted to > know about "kudos": > > > > >> >> > > > > >> >> >From a really cool site called "Take Our Word > For It" > > > > >> >> (http://www.takeourword.com/): > > > > >> >> > > > > >> >> "Kudos is simply Greek for "praise". It is > thought to > > > > have entered > > > > >> >English > > > > >> >> as university slang. By 1799 we have a > back-formed verb > > > > kudize "to > > > > >> >praise", > > > > >> >> so kudos itself was probably in use prior to > that, though > > > > >> the first known > > > > >> >> recorded use of kudos comes from 1831. > Thereafter we find > > > > >> it used by the > > > > >> >> likes of Disraeli and Darwin. Darwin wrote, > in one of his > > > > >> letters: "Lyell > > > > >> >> has read about half of the volume in clean > sheets, and gives > > > > >> me very great > > > > >> >> kudos." > > > > >> >> > > > > >> >> Pronunciation in Britain is "cue-doss" while > in America it > > > > >> is "koo-doze". > > > > >> >> As with many Greek words, -os indicates a > singular noun. > > > > Many people > > > > >> >assume > > > > >> >> kudos is the plural form, with the singular > being a > > > > kudo. They are > > > > >> >wrong. > > > > >> >> Just wrong. > > > > >> >> > > > > >> >> There was once a computer operating system > called QDOS. Was > > > > >> it named by a > > > > >> >> Brit, so that it sounded like kudos, or is > that simply a > > > > >> coincidence?" > > > > >> >> > > > > >> >> ... and there you have it. > > > > >> >> > > > > >> >> > > > > >> >> ----- Original Message ----- > > > > >> >> From: "Warren Keuffel" > > > > > >> >> To: > > > > >> >> Sent: Wednesday, January 09, 2002 8:23 PM > > > > >> >> Subject: Re: AW: [CANSLIM] DFXI > > > > >> >> > > > > >> >> > > > > >> >> > Jumping in here for Mike -- "Kudos" > basically means > > > > >> "Congratulations". > > > > >> >> > However I was curious about the > etymology of the word so > > > > >> >> > consulted my American Heritage dictionary > which defines it > > > > >> as "Acclaim > > > > >> >> > or prestige as a result of achievement or > position." But > > > > >> no guidance on > > > > >> >> > etymology, darn it. More than you wanted to > know, right? > > > > >> >> > > > > > >> >> > Warren > > > > >> >> > > > > > >> >> > Andreas Himmelreich wrote: > > > > >> >> > > > > > >> >> > >Sorry to ask Mike, what means Kudos? > > > > >> >> > > > > > > >> >> > > > > > > >> >> > >>-----Ursprungliche Nachricht----- > > > > >> >> > >>Von: Mike Gibbons > [SMTP:webmaster@cwhcharts.com] > > > > >> >> > >>Gesendet am: Wednesday, January 09, 2002 > 7:08 PM > > > > >> >> > >>An: canslim@lists.xmission.com > > > > >> >> > >>Betreff: RE: [CANSLIM] DFXI > > > > >> >> > >> > > > > >> >> > >>Kudos to you, you should be feeling > pleased this morning > > > > >> and justly > > > > >> >so. > > > > >> >> > >> > > > > >> >> > >>Aloha, > > > > >> >> > >> > > > > >> >> > >>Mike Gibbons > > > > >> >> > >> > > > > >> >> > >> > > > > >> >> > >> > > > > >> >> > >>-----Original Message----- > > > > >> >> > >>From: owner-canslim@lists.xmission.com > > > > >> >> > > >>[mailto:owner-canslim@lists.xmission.com]On Behalf Of Dave > > > > > >> >> > >>Sent: Wednesday, January 09, 2002 5:29 AM > > > > >> >> > >>To: canslim@lists.xmission.com > > > > >> >> > >>Subject: RE: [CANSLIM] DFXI > > > > >> >> > >> > > > > >> >> > >> > > > > >> >> > >>True, the handle was a bit sloppy but for > the most part > > > > >> volume in the > > > > >> >> > >>handle was below normal. It also made a > pretty nice ascending > > > > >> >triangle. > > > > >> >> > >> > > > > >> >> > >>As for the action at the end of the day, I > think you're > > > > >> reading too > > > > >> >much > > > > >> >> > >>into it. The stock made a tremendous surge > on volume in > > > > >> the last half > > > > >> >> hour > > > > >> >> > >>of trading. It then pulled back on lower > volume but > > > > >> didn't undercut > > > > >> >that > > > > >> >> > >>"intraday breakout point". It then found > some new buyers > > > > >> at the very > > > > >> >end > > > > >> >> > >>of the session. > > > > >> >> > >> > > > > >> >> > >>You can find flaws in any chart formation. > I've > > > > missed many huge > > > > >> >winners > > > > >> >> > >>by refusing to buy what I perceived as a > flawed handle, > > > > >> or by putting > > > > >> >> too > > > > >> >> > >>much weight on intraday analysis. Even IBD > will go on to > > > > >> call "perfect > > > > >> >> > >>cup-handle breakouts" on stocks that have > somewhat > > > > questionable > > > > >> >> > >>formations. I won't be surprised to see > DFXI mentioned > > > > >> tomorrow as a > > > > >> >> good > > > > >> >> > >>example. > > > > >> >> > >> > > > > >> >> > >>Of course hindsight is 20/20. Nevertheless > I'm glad I > > > > >> bought yesterday > > > > >> >> :) > > > > >> >> > >> > > > > >> >> > >> > > > > >> >> > >>>>Yes it did but fell back below it's high > of the day. Also, > > > > >> >> > >>>> > > > > >> >> > >>>action in the > > > > >> >> > >>> > > > > >> >> > >>>>handle has been sloppy - one normally > hopes to see price > > > > >> >> > >>>> > > > > >> >> > >>>pullback on falling > > > > >> >> > >>> > > > > >> >> > >>>>volume but in fact it's made a couple of > attempts to BO on > > > > >> >> > >>>> > > > > >> >> > >>>above average > > > > >> >> > >>> > > > > >> >> > >>>>volume since forming the pivot on 12/10. > I wouldn't > > > > >> rush in with an > > > > >> >> > >>>>overnight order! > > > > >> >> > >>>> > > > > >> >> > >>>>Mike Gibbons > > > > >> >> > >>>> > > > > >> >> > >> > > > > >> >> > >>- > > > > >> >> > >>-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. > > > > >> >> > > > > > > >> >> > > > > > > >> >> > > > > > > >> >> > > > > > >> >> > > > > > >> >> > > > > > >> >> > - > > > > >> >> > -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!? > > > > >> >Get your free @yahoo.com address at > http://mail.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. > > > > > > > > > > > > > > > > > > > > > > - > > > > -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. > > > > > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. > --------------8831E6268807038F7BD0D8C6 Content-Type: text/html; charset=us-ascii Content-Transfer-Encoding: 7bit  Kathern..you send all the charts you like Joe M., San Diego

Katherine Malm wrote:

One last view of ASIA...weekly... http://makeashorterlink.com/?F29F5294 No more charts, I promise! Katherine
----- Original Message -----
Sent: Friday, January 11, 2002 4:15 PM
Subject: Re: [CANSLIM] ASIA?
 Wow, that's some link.  Here is a suggestion on long links, I've only used it once,
but it seemed to work.

http://www.makeashorterlink.com/index.php

Thanks for the chart.  I'll stick with my interpretation, but I'll add that the handle
seems a little loose, not ideal.  I would say the breakout fails around 19, a 7 to 8%
drop in price from the breakout.  I think the pivot point was close to 20.25 or so, I
tend to discount those intraday spikes, if they occur, and use the close, so that
would not take the Dec. 4 (or whichever date it was) high into account, just the
close.  Not sure this is a legitimate approach, just a personal quirk maybe.  Anyway,
I think that anyone in this stock should stick with it a bit longer.

On 11 Jan 2002 at 15:14, Katherine Malm wrote:

> Just an experiment, but here's a marked chart:
>
> http://photos.yahoo.com/bc/katherinemalm/vwp?.dir=/CANSLIM&.dnm=ASIA+011102.jpg&.src=ph&.done=http%3a//photos.yahoo.com/bc/katherinemalm/vwp%3f.dir=/CANSLIM%26.dnm=Up%2bDn%2bRatio%2bArticle%2b123101.jpg%26.src=ph
>
> Katherine
>   ----- Original Message -----
>   From: Patrick Wahl
>   To: canslim@lists.xmission.com
>   Sent: Friday, January 11, 2002 2:52 PM
>   Subject: RE: [CANSLIM] ASIA?
>
>
>   I think we went around about this subject a few months ago, but I would put a
>   different interpretation on the chart.  I think the 12/4 spike marked the end of the
>   right side of the cup, and the choppy sideways movement from that point constitutes
>   a handle.  So buying on 12/4 was not the proper buy point.
>
>   The more appropriate buy point would be the day in January where price gapped up
>   to close at about 20.90 or so.  To me the formation of a handle part way up a cup
>   doesn't make sense.  Handles form at logical sell points, and the logical sell point is
>   the resistance formed at the old high - the left side of the cup around end of June,
>   first of July.  Without a sort of definite point like an old high, any consolidation point
>   along the way up the right side of the cup can be called a handle.
>
>   Just my interpretation, I think during the discussion of this point a few months ago I
>   was in a decided minority (one, maybe).
>
>   On 10 Jan 2002 at 23:30, Dave wrote:
>
>   > In hindsight if I had been watching ASIA on 12/4 I probably would have
>   > bought. If you consider 11/27 to be the start of a short handle, the pivot
>   > would be 17.33 and the stock could have been bought up to 18.20. In this
>   > case, you would still be in the stock.
>   >
>   > As for now, it's definitely a gamble. Personally I like the month-long
>   > consolidation and the near record volume over the past few days, and think
>   > that if the Nasdaq resumes its rally, there's a good chance ASIA will go
>   > along for the ride.
>   >
>   >
>   > > -----Original Message-----
>   > > From: owner-canslim@lists.xmission.com
>   > > [mailto:owner-canslim@lists.xmission.com]On Behalf Of esetser
>   > > Sent: Thursday, January 10, 2002 11:51 PM
>   > > To: canslim@lists.xmission.com
>   > > Subject: RE: [CANSLIM] ASIA?
>   > >
>   > >
>   > > So you only consider cup with handles as true breakouts?  I buy
>   > > cups, cup
>   > > with handles, double bottoms, and flat bases, maybe others.
>   > >
>   > > At 10:44 PM 1/10/02 -0500, you wrote:
>   > > >I'm biased, but I prefer to see it as a high handle beginning
>   > > on 12/6. The
>   > > >volume that day was not so great, and there was no true
>   > > handle, so I don't
>   > > >consider it a true breakout.
>   > > >
>   > > >The handle beginning after that failure is nice and long and
>   > > volume dried
>   > > >up nicely towards the end. The volume on 1/6-1/7 was very high.
>   > > >
>   > > >Only time will tell the true story...
>   > > >
>   > > >> -----Original Message-----
>   > > >> From: owner-canslim@lists.xmission.com
>   > > >> [mailto:owner-canslim@lists.xmission.com]On Behalf Of esetser
>   > > >> Sent: Thursday, January 10, 2002 11:25 PM
>   > > >> To: canslim@lists.xmission.com
>   > > >> Subject: Re: [CANSLIM] ASIA?
>   > > >>
>   > > >>
>   > > >> I read this one differently.  I see ASIA as a stock with a
>   > > breakout to a
>   > > >> new on 12/6.  (And as a matter of fact, I bot it that day.)
>   > > >> That breakout
>   > > >> became suspect as the stock corrected and closed near its
>   > > low during the
>   > > >> day, and went on to be a failed breakout for anyone buying
>   > > in during the
>   > > >> day.  The action since then is short of the 5 weeks minimum to
>   > > >> define a new
>   > > >> base, and is confusing in light of the new high it set.. I'm
>   > > >> not sure where
>   > > >> I would put a pivot on this one.  The volume was fabulous for 2
>   > > >> days, but
>   > > >> has remained almost as high for the last 2 day pullback, so I
>   > > >> would be very
>   > > >> cautious.
>   > > >>
>   > > >> At 04:58 PM 1/10/02 -0500, you wrote:
>   > > >> >Hi,
>   > > >> >
>   > > >> >Just curious on comment about ASIA.  Last few days it looked
>   > > >> to be breaking
>   > > >> >out of a nice chart formation.  Alas, it seems to be
>   > > breaking down or
>   > > >> >allowing for another re-entry point.  Any thoughts?
>   > > >> >
>   > > >> >Is this stock considered Canslim "worthy" even though it has
>   > > >> seen higher
>   > > >> >days (ie. not breaking to new highs)?
>   > > >> >
>   > > >> >Thanks,
>   > > >> >Erik
>   > > >> >PS. Forgive me if this has been the topic of recent
>   > > >> discussion. I just moved
>   > > >> >and missed the last week of my Canslim Group emails.
>   > > >> >
>   > > >> >----- Original Message -----
>   > > >> >From: "Mike Hofmann" <sfmcanslim@hotmail.com>
>   > > >> >To: <canslim@lists.xmission.com>
>   > > >> >Sent: Thursday, January 10, 2002 1:08 PM
>   > > >> >Subject: Re: AW: [CANSLIM] DFXI
>   > > >> >
>   > > >> >
>   > > >> >> ... and still more than you really wanted to know about "kudos":
>   > > >> >>
>   > > >> >> >From a really cool site called "Take Our Word For It"
>   > > >> >> (http://www.takeourword.com/):
>   > > >> >>
>   > > >> >> "Kudos is simply Greek for "praise".  It is thought to
>   > > have entered
>   > > >> >English
>   > > >> >> as university slang.  By 1799 we have a back-formed verb
>   > > kudize "to
>   > > >> >praise",
>   > > >> >> so kudos itself was probably in use prior to that, though
>   > > >> the first known
>   > > >> >> recorded use of kudos comes from 1831.  Thereafter we find
>   > > >> it used by the
>   > > >> >> likes of Disraeli and Darwin.  Darwin wrote, in one of his
>   > > >> letters: "Lyell
>   > > >> >> has read about half of the volume in clean sheets, and gives
>   > > >> me very great
>   > > >> >> kudos."
>   > > >> >>
>   > > >> >> Pronunciation in Britain is "cue-doss" while in America it
>   > > >> is "koo-doze".
>   > > >> >> As with many Greek words, -os indicates a singular noun.
>   > > Many people
>   > > >> >assume
>   > > >> >> kudos is the  plural form, with the singular being a
>   > > kudo.  They are
>   > > >> >wrong.
>   > > >> >> Just wrong.
>   > > >> >>
>   > > >> >> There was once a computer operating system called QDOS.  Was
>   > > >> it named by a
>   > > >> >> Brit, so that it sounded like kudos, or is that simply a
>   > > >> coincidence?"
>   > > >> >>
>   > > >> >> ... and there you have it.
>   > > >> >>
>   > > >> >>
>   > > >> >> ----- Original Message -----
>   > > >> >> From: "Warren Keuffel" <wkeuffel@xmission.com>
>   > > >> >> To: <canslim@lists.xmission.com>
>   > > >> >> Sent: Wednesday, January 09, 2002 8:23 PM
>   > > >> >> Subject: Re: AW: [CANSLIM] DFXI
>   > > >> >>
>   > > >> >>
>   > > >> >> > Jumping in here for Mike -- "Kudos" basically means
>   > > >> "Congratulations".
>   > > >> >> >  However <ahem> I was curious about the etymology of the word so
>   > > >> >> > consulted my American Heritage dictionary which defines it
>   > > >> as  "Acclaim
>   > > >> >> > or prestige as a result of achievement or position." But
>   > > >> no guidance on
>   > > >> >> > etymology, darn it.  More than you wanted to know, right? <g>
>   > > >> >> >
>   > > >> >> > Warren
>   > > >> >> >
>   > > >> >> > Andreas Himmelreich wrote:
>   > > >> >> >
>   > > >> >> > >Sorry to ask Mike, what means Kudos?
>   > > >> >> > >
>   > > >> >> > >
>   > > >> >> > >>-----Ursprungliche Nachricht-----
>   > > >> >> > >>Von: Mike Gibbons [SMTP:webmaster@cwhcharts.com]
>   > > >> >> > >>Gesendet am: Wednesday, January 09, 2002 7:08 PM
>   > > >> >> > >>An: canslim@lists.xmission.com
>   > > >> >> > >>Betreff: RE: [CANSLIM] DFXI
>   > > >> >> > >>
>   > > >> >> > >>Kudos to you, you should be feeling pleased this morning
>   > > >> and justly
>   > > >> >so.
>   > > >> >> > >>
>   > > >> >> > >>Aloha,
>   > > >> >> > >>
>   > > >> >> > >>Mike Gibbons
>   > > >> >> > >>
>   > > >> >> > >>
>   > > >> >> > >>
>   > > >> >> > >>-----Original Message-----
>   > > >> >> > >>From: owner-canslim@lists.xmission.com
>   > > >> >> > >>[mailto:owner-canslim@lists.xmission.com]On Behalf Of Dave
>   > > >> >> > >>Sent: Wednesday, January 09, 2002 5:29 AM
>   > > >> >> > >>To: canslim@lists.xmission.com
>   > > >> >> > >>Subject: RE: [CANSLIM] DFXI
>   > > >> >> > >>
>   > > >> >> > >>
>   > > >> >> > >>True, the handle was a bit sloppy but for the most part
>   > > >> volume in the
>   > > >> >> > >>handle was below normal. It also made a pretty nice ascending
>   > > >> >triangle.
>   > > >> >> > >>
>   > > >> >> > >>As for the action at the end of the day, I think you're
>   > > >> reading too
>   > > >> >much
>   > > >> >> > >>into it. The stock made a tremendous surge on volume in
>   > > >> the last half
>   > > >> >> hour
>   > > >> >> > >>of trading. It then pulled back on lower volume but
>   > > >> didn't undercut
>   > > >> >that
>   > > >> >> > >>"intraday breakout point". It then found some new buyers
>   > > >> at the very
>   > > >> >end
>   > > >> >> > >>of the session.
>   > > >> >> > >>
>   > > >> >> > >>You can find flaws in any chart formation. I've
>   > > missed many huge
>   > > >> >winners
>   > > >> >> > >>by refusing to buy what I perceived as a flawed handle,
>   > > >> or by putting
>   > > >> >> too
>   > > >> >> > >>much weight on intraday analysis. Even IBD will go on to
>   > > >> call "perfect
>   > > >> >> > >>cup-handle breakouts" on stocks that have somewhat
>   > > questionable
>   > > >> >> > >>formations. I won't be surprised to see DFXI mentioned
>   > > >> tomorrow as a
>   > > >> >> good
>   > > >> >> > >>example.
>   > > >> >> > >>
>   > > >> >> > >>Of course hindsight is 20/20. Nevertheless I'm glad I
>   > > >> bought yesterday
>   > > >> >> :)
>   > > >> >> > >>
>   > > >> >> > >>
>   > > >> >> > >>>>Yes it did but fell back below it's high of the day. Also,
>   > > >> >> > >>>>
>   > > >> >> > >>>action in the
>   > > >> >> > >>>
>   > > >> >> > >>>>handle has been sloppy - one normally hopes to see price
>   > > >> >> > >>>>
>   > > >> >> > >>>pullback on falling
>   > > >> >> > >>>
>   > > >> >> > >>>>volume but in fact it's made a couple of attempts to BO on
>   > > >> >> > >>>>
>   > > >> >> > >>>above average
>   > > >> >> > >>>
>   > > >> >> > >>>>volume since forming the pivot on 12/10. I wouldn't
>   > > >> rush in with an
>   > > >> >> > >>>>overnight order!
>   > > >> >> > >>>>
>   > > >> >> > >>>>Mike Gibbons
>   > > >> >> > >>>>
>   > > >> >> > >>
>   > > >> >> > >>-
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>   > > >> >_________________________________________________________
>   > > >> >Do You Yahoo!?
>   > > >> >Get your free @yahoo.com address at http://mail.yahoo.com
>   > > >> >
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--------------8831E6268807038F7BD0D8C6-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: [CANSLIM] Boucher again ... Date: 12 Jan 2002 21:23:18 +0100 Boucher again: Who of you trades internationaly? I do belive that this is not really afordable by a private investor below the 2 - 3 Million wall. It would mean to search, find and pay databases like Vector Vest or DG for international markets. I even can not find affordable databases for germany (that, better laws for investor protection and more growth firms, better commision rates let me do the trading a 100% in the US, I might buy a european stock, but then I its traded as an ADR). - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Hill, Ernie" Subject: RE: AW: [CANSLIM] The mole Date: 12 Jan 2002 17:00:50 -0600 Andreas, Spy does not actually capture the flavor of the meaning of the slang usage of the word mole. I would define it as a "thieving smelly varmint spy". For further clarification varmint is a word substituted for the actual name of any small despicable land mammal. The key word in the definition is despicable. E -----Original Message----- Sent: Saturday, January 12, 2002 11:08 AM The other meaning of a mole is a spy, from my dictionary - "a spy who establishes a cover long before beginning espionage." On 12 Jan 2002 at 17:35, Andreas Himmelreich wrote: > Sorry to ask you questions about wording, but my english is far from perfect. > A mole is a "smal burrowing animal" (Websters Dictionary). So do you mean somebody (from IBD) who "watches" this board (which would > be perfectly fine by me). > > If yes, then who is the "mole"? > > Andreas > > > > > -----Ursprungliche Nachricht----- > > Von: Dave Cameron [SMTP:dfcameron@yahoo.com] > > Gesendet am: Friday, January 11, 2002 9:00 PM > > An: canslim@lists.xmission.com > > Betreff: [CANSLIM] The mole > > > > > > FWIW, I thought the article on Tom was well done. I believe I > > understand his philosophy pretty well, and the article was consistent > > with it. > > > > I knew we had people from IBD on the list from time to time, never > > tried to figure out who. > > > > BTW, thanks to Katherine and all for pointing it out. I tend not to > > read page B15. I concentrate on section A, and then look up my > > stocks - or stocks to buy - but usually don't get back that far. I > > would have missed it. > > > > > > ===== > > Dave Cameron > > dfcameron@yahoo.com > > > > __________________________________________________ > > Do You Yahoo!? > > Send FREE video emails in Yahoo! Mail! > > http://promo.yahoo.com/videomail/ > > > > - > > -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. ****************************************************************** This email and any files transmitted with it from the ElPaso Corporation are confidential and intended solely for the use of the individual or entity to whom they are addressed. If you have received this email in error please notify the sender. ****************************************************************** - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: [CANSLIM] I do not want you to miss this article Date: 12 Jan 2002 21:38:08 +0100 Excelent ... http://www.investors.com/editorial/corner.asp?v=1/12 - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Spencer48@aol.com Subject: Re: [CANSLIM] Opinions on KKD? Date: 12 Jan 2002 23:00:18 EST Tom, John et al: Concerning KKD: To me it looks like it's in its 3rd stage base-whether it will reach the fouth...? Tom's remarks concerning it "valuations" makes me wonder whether it is strong enough to enter a fourth (and then a fifth [which wouldn't hurt after looking at all these bases]). In any event, Friday's Investors Corner published an article that may be worth considering: Investor's Corner, Friday, January 11, 2002, Count A Stock's Bases Before You Buy BY JONAH KERI Want to avoid buying a stock at its peak? Try counting bases. A stock entering a third-, fourth- or fifth-stage base faces very high risks of breakdown. And after a huge run-up, the trip down can prove long and painful. Yet many investors fail to spot late-stage bases. One reason: They envision a new base forming only after a stock has doubled or tripled from its last consolidation. Here's an eye-opener: A stock need rise only 25% or more from its pivot to trigger a new-stage base above it. As long as the new base doesn't undercut the lows of the prior consolidation, add another checkmark to your list of bases. Few stocks ever get to form late-stage bases. Only the best can break out of well-formed bases again and again, stacking gains on top of gains. Giants of the past like Cisco Systems (CSCO ) wielded enough sales and earnings clout to make massive gains. Yet even elite stocks can turn tail eventually. Be wary of a stock, generally one known for slower growth, that suddenly starts building a third- or fourth-stage base. After investors have long ignored a sector, it may suddenly find new strength, even in a bad market. But once the parade of money switches course again, such a stock can take a deep fall, which in effect resets its base count. jans In a message dated 1/12/2002 12:22:49 AM Eastern Standard Time, stkguru@netside.net writes: << Wouldn't make my criteria as a LLUR due to its extreme volatility. If I had the time to sit in front of a monitor for some weeks, might be tempted to try trading it short term, tho. As I have mentioned before, I have a problem with its valuation, even tho I love their glazed donuts hot off the rack. They need 13 cents to just meet the full year forecast, looks possible but much less likely they can surprise. And must average better than 15 cents each qtr next year again to just meet forecasts. Strong growth, well executed business plan for aggressive growth, but I keep coming back to valuations. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message ----- From: Katherine Malm To: canslim@lists.xmission.com Sent: Friday, January 11, 2002 9:57 AM Subject: Re: [CANSLIM] Opinions on KKD? Hi John, Mixed bag. Terribly high PE as Andreas pointed out yesterday. But printing higher highs and higher lows. An LLUR candidate in the making? or a head & shoulders top starting to form? Can't tell...but I wouldn't touch it unless it were clearer. If in since 11/14 B/O, nothing's violated that except a brief dip below the pivot shortly after. Katherine ----- Original Message ----- From: Cefaloni, John L Jr. [AMSTA-AR-WEA] To: canslim@lists.xmission.com Sent: Friday, January 11, 2002 8:48 AM Subject: [CANSLIM] Opinions on KKD? Others have asked about this one recently, but there hasn't been much discussion. Anyone have opinions on KKD's chart and it's legitimacy as a CANSLIM breakout candidate? Thanks, John C. >> - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Spencer48@aol.com Subject: Re: [CANSLIM] ASIA? Date: 12 Jan 2002 23:09:08 EST Katherine: Those charts are just too cool (excuse me for my lingo: I guess I'm just a child of the 60's). Would you tell how: 1) you got those graphics on Yahoo? And 2) how did you get the bold print onto the DG chart? jans In a message dated 1/11/2002 4:20:45 PM Eastern Standard Time, kmalm@earthlink.net writes: << Just an experiment, but here's a marked chart: http://photos.yahoo.com/bc/katherinemalm/vwp?.dir=/CANSLIM&.dnm=ASIA+011102.jp g&.src=ph&.done=http%3a//photos.yahoo.com/bc/katherinemalm/vwp%3f.dir=/CANSLIM %26.dnm=Up%2bDn%2bRatio%2bArticle%2b123101.jpg%26.src=ph Katherine >> - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] Boucher again ... Date: 12 Jan 2002 23:46:44 -0500 Hi Andreas, I have traded a number of foreign companies, but only if they trade on US exchanges. Mostly they were European or Israeli. But I generally avoid a foreign company because of the added risks. Unless they conform to the US standards of GAAP (Generally Accepted Accounting Principles), and provide quarterly financial statements, the availability of actual financial performance is diminished, and requires greater due diligence. Also, the risk of foreign exchange changes is introduced. I have avoided Canadian companies because I have seen too many scams get past their regulators (t= he level of regulation is poor, and enforcement worse, IMO). Some Canadian exchanges are better at policing the companies listed there, but why take the added risk? My style of investing means that I want to know a lot more than just deta= ils of a particular company, for example, the state of the economy and the regional politics, just for starters. Doing this for other countries besi= des my own would add to my workload and time invested. And when I can find excellent investment vehicles right here, giving me superior returns, why take the extra risk or time? By the way, for my European perspective and quotes, I use the free servic= es of comdirect.de. For translation purposes, I cut and paste the German int= o Google's translator. Works well enough that I can get the sense of any story. I also use the global indexes screen at Yahoo every day so I can s= ee what has been / is happening in the various regional exchanges, as well a= s global news (in English, so I don't have to translate). Gru=DF, Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message ----- Sent: Saturday, January 12, 2002 3:23 PM > Boucher again: Who of you trades internationaly? I do belive that this = is > not really afordable by a private investor below the 2 - 3 Million wa= ll. > It would mean to search, find and pay databases like Vector Vest or D= G for > international markets. > > I even can not find affordable databases for germany (that, better la= ws for > investor protection and more > growth firms, better commision rates let me do the trading a 100% in the > US, I might buy a european stock, but then > I its traded as an ADR). > > > - > -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. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] ASIA? Date: 12 Jan 2002 22:55:33 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_0190_01C19BBC.3DC71A20 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi jans, If you have an free account set up with Yahoo, you have 30meg space to = upload "photos." This is really designed for digital photo albums that = you can share with public or specific friends, but it works just as well = with any JPEG file. So, for example, my address is http://photos.yahoo.com/katherinemalm I have set up a public folder called CANSLIM for storing these kinds of = things. Another example of its use is a scan of an article on Up/Dn = Volume Ratio. (You could also upload this stuff to Jeff's CANSLIM list = ftp site, but I've had no luck getting the uploads to work properly!) The charts themselves were created with a shareware screen capture = utility called PrintKey-Pro (found this thanks to Gene R.). (I believe = windows also has a built in screen capture, but it doesn't have any = additional features for mark ups.) You can find this at=20 http://www.warecentral.com/ The charts were captured with DGO. PrintKeyPro has rudimentary freehand = drawing capability such as you saw on my chart and a text tool that lets = you insert to your heart's desire. (Another alternative would be to use = a site like StockCharts.com which allows you to annotate the charts, but = I am a diehard DGO fan, so this works better for me.) Katherine ----- Original Message -----=20 From: Spencer48@aol.com=20 To: canslim@lists.xmission.com=20 Sent: Saturday, January 12, 2002 10:09 PM Subject: Re: [CANSLIM] ASIA? Katherine: Those charts are just too cool (excuse me for my lingo: I guess = I'm=20 just a child of the 60's). Would you tell how: 1) you got those graphics on Yahoo? And 2) = how did=20 you get the bold print onto the DG chart? jans In a message dated 1/11/2002 4:20:45 PM Eastern Standard Time,=20 kmalm@earthlink.net writes: << Just an experiment, but here's a marked chart: =20 =20 = http://photos.yahoo.com/bc/katherinemalm/vwp?.dir=3D/CANSLIM&.dnm=3DASIA+= 011102.jp = g&.src=3Dph&.done=3Dhttp%3a//photos.yahoo.com/bc/katherinemalm/vwp%3f.dir= =3D/CANSLIM %26.dnm=3DUp%2bDn%2bRatio%2bArticle%2b123101.jpg%26.src=3Dph =20 Katherine >> - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------=_NextPart_000_0190_01C19BBC.3DC71A20 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Hi jans,
 
If you have an free account set up with Yahoo, you have 30meg space = to=20 upload "photos." This is really designed for digital photo albums that = you can=20 share with public or specific friends, but it works just as well with = any JPEG=20 file. So, for example, my address is
 
http://photos.yahoo.com/ka= therinemalm
 
I have set up a public folder called CANSLIM for storing these = kinds of=20 things. Another example of its use is a scan of an article on Up/Dn = Volume=20 Ratio. (You could also upload this stuff to Jeff's CANSLIM list ftp = site, but=20 I've had no luck getting the uploads to work properly!)
 
The charts themselves were created with a shareware screen capture = utility=20 called PrintKey-Pro (found this thanks to Gene R.). (I believe windows = also has=20 a built in screen capture, but it doesn't have any additional features = for mark=20 ups.) You can find this at
 
http://www.warecentral.com/
 
The charts were captured with DGO. PrintKeyPro has  = rudimentary=20 freehand drawing capability such as you saw on my chart and a text tool = that=20 lets you insert to your heart's desire. (Another alternative would be to = use a=20 site like StockCharts.com which allows you to annotate the charts, but I = am a=20 diehard DGO fan, so this works better for me.)
 
Katherine
----- Original Message -----
From:=20 Spencer48@aol.com
Sent: Saturday, January 12, = 2002 10:09=20 PM
Subject: Re: [CANSLIM] = ASIA?

Katherine:

     Those charts = are=20 just too cool (excuse me for my lingo:  I guess I'm
just a = child of=20 the 60's).

     Would you tell how: 1) you = got=20 those graphics on Yahoo?  And 2) how did
you get the bold = print onto=20 the DG chart?

jans



In a message dated 1/11/2002 = 4:20:45=20 PM Eastern Standard Time,
kmalm@earthlink.net=20 writes:

<< Just an experiment, but here's a marked=20 chart:
 
 
http://photos.yahoo.com/bc/katherinemalm/vwp?.dir=3D= /CANSLIM&.dnm=3DASIA+011102.jp

g&.src=3Dph&.done=3D= http%3a//photos.yahoo.com/bc/katherinemalm/vwp%3f.dir=3D/CANSLIM

%= 26.dnm=3DUp%2bDn%2bRatio%2bArticle%2b123101.jpg%26.src=3Dph
 
=  Katherine=20 >>

-
-To subscribe/unsubscribe, email "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your email. ------=_NextPart_000_0190_01C19BBC.3DC71A20-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: [CANSLIM] Worley's Weekend Weeview Date: 13 Jan 2002 01:50:19 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_0038_01C19BD4.A7C40CE0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable CONFESSION SEASON We are now in a critical time period preceding the actual reporting of = Fourth Quarter results. Corporations big and small are supposed to be = adjusting investor's expectations to what they will actually report, vs. = what they (or analysts) have already said to expect. My subjective = observation was that the news was far more positive than negative, with = over half of the companies saying anything saying that they would exceed = lowered expectations. And most of the rest were saying they would meet = the current expectations. Just read a report off Reuters, which confirms = my observation. So far in preparation for Q4, 44% of the announcements = have warned they will miss forecasts. The positive spin? For Q3, the = number was 63%, for Q2 it was 68%, and 70% for Q1. And 25% of this = confession season are positive, compared to only 16% average for the = prior 3 quarters. According to First Call, earnings for the 500 corps in = the S&P500 are still expected to drop 22%, worst record in ten years.=20 ------- ONE LINERS A 17 year old in San Diego, still living at home with his parents, = managed to scam 1,000 "investors" out of over a million dollars over the = internet by promising returns of 250% to 2500% using the "investor's" = money to bet on sports events. Lots of quotes here, "a fool and his = money are soon parted", "there's a sucker born every minute", "greed = will get you in the end". Just think, he may be CEO of some future = Enron by the time he's 30!! Nearly $900,000 was recovered from his = account in Costa Rica, so doubtful the "investors" will learn much of a = lesson. Still, nice to know we are raising computer literate kids who = are obviously smarter than the adults. Bankruptcy filings are on track to set new records for 2001. Final = numbers announced in early March. Consumer debt way surpassed = expectations in November, up over $16 billion, expected was just over a = $5 billion jump. Primary cause was purchases of cars due the zero = financing deals now largely ended. The new President and COO of Int'l House of Pancakes is Ms. Julia = Stewart. She got her start in the restaurant biz 30 years ago at the age = of 16, filling coffee cups and taking orders as a waitress at, you = guessed it, IHOP. Way to go, Julia. Congrats!!=20 First quarter 2002 has been picked in a poll of private economists as = marking the end of recession. 37% picked March, 26% picked February, 22% = picked January, and a bold 7% picked last December. They projected a = rise in GDP of 0.7%. Consensus forecast for 4th quarter GDP is a 1% = decline, which would confirm a recession by traditional standards. New unemployment claims continued to drop faster than expectations. Four = week moving average is stable, and the number continuing on unemployment = dropped by 170,000. And this is despite new layoff announcements (or = expectations) by Ford (10,000), GM (5,000), and Merrill Lynch (9,000). Wholesale inventories continued to fall in November, down 1.1% after = dropping 1.2% in October. (gotta deplete inventory before manufacturers = restart or increase production, and start hiring new people) Latest reports show applications for mortgages for home purchases are at = an all time high, implying strength for the new and used home sales = figures in the next few months. Friday's PPI report showed an unexpected drop of 0.7%, expected was a = drop of 0.2%. Excluding the volatile energy and food elements, it still = dropped 0.1% compared to an expected rise in the core rate of 0.1%. Gee, = maybe there's still some hope for a Jan 30 Fed rate cut? And despite 11 = Fed rate cuts in the past year, the 15 year mortgage rate is still only = 5 basis points below where it was a year ago. So who's making all the = money on refinancing and new mortgages? ------- MR. GREENSPAN I haven't written much about Mr. G for some time, mostly because I saw = little on which to comment, it was business as usual, with no change. I = didn't catch much of his speech Friday on the economy, but what I got = was significant. First, he expects to see proof of an economic recovery = by summer (that means it would have to already be in progress). Second, = he specifically commented: "hypothesis of an accelerated productivity = trend had not been tested in the contracting phase of a business cycle. = Recent developments have provided that test, and the early returns = certainly look favorable to the hypothesis." That comment, along with = several others, leads me to conclude that the Feds will cut another 25 = basis points on Jan 30. It will likely be the last cut, but I would also = not expect to see any rate hikes until the end of the summer at the = earliest. I also expect that when rate hikes occur, and they will, they = will be small, occur slowly and cautiously until not only our economic = growth is well established, but we also see improvement in the world = economy.=20 ------- ON "M" I am probably the wrong person to talk about the market trend this week, = as every major index was down. Despite that, my IRA gained 4.5% for the = week and my VR Fund gained 2.8%, so for me the trend is up. Not = withstanding that, the worries that the major indexes were developing a = head and shoulders pattern appear to have been unfounded, with the = possible exception of the NASDAQ 100. The ten day moving averages on = both up/down volume and new highs/lows are positive, and expectations of = an improving economy, and recovering corporate profits, are strong. Thus = I expect a lot more sidelined money to continue flowing into stocks = during the next month or two.=20 ------- WORLEY'S WATCHLIST WANNABEES While the population of stocks I review for my own personal investing = (low priced, thinly traded small caps) has been growing nicely, the = population of stocks I review for this column appears to be stagnant, = not a surprise given the retreat by all markets this week. As always, Bx is my shorthand for a flat line "B"ase of "x" weeks = duration. If I see a specific pattern, such as a cup and handle, double = bottom, LLUR (Lower Left Upper Right, not officially CANSLIM pattern), = etc, then I will say so. ACS - LLUR, closely following the 50 DMA ALLY - B2 BBY - 5 week handle on the cup, but volume still high, funds already own = 37% BLUD - B2+ CEFT - 3+ week handle on a vague cup CVBF - LLUR DLX - very smooth LLUR despite low earnings forecasts ELTE - B3 FCN - volatile LLUR attempting a b/o on Friday on volume, be careful FMAR - c&h, low price and volume JNC - LLUR MCRS - 2nd base on the handle MHO - B5 OFIX - B4 PETM - LLUR POSS - B2 below the high, in my VR fund RYAN - LLUR TIER - B4 URBN - B3 Happy hunting, God bless America, and its military people, Use of this email for any purpose other than personal is prohibited = without prior permission of the author. Commercial use without = permission is specifically prohibited. Tom Worley stkguru@netside.net AIM: TexWorley ------=_NextPart_000_0038_01C19BD4.A7C40CE0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
CONFESSION=20 SEASON
We are now in a critical time period preceding = the actual=20 reporting of Fourth Quarter results. Corporations big and small are = supposed to=20 be adjusting investor's expectations to what they will actually report, = vs. what=20 they (or analysts) have already said to expect. My subjective = observation was=20 that the news was far more positive than negative, with over half of the = companies saying anything saying that they would exceed lowered = expectations.=20 And most of the rest were saying they would meet the current = expectations. Just=20 read a report off Reuters, which confirms my observation. So far in = preparation=20 for Q4, 44% of the announcements have warned they will miss forecasts. = The=20 positive spin? For Q3, the number was 63%, for Q2 it was 68%, and 70% = for Q1.=20 And 25% of this confession season are positive, compared to only 16% = average for=20 the prior 3 quarters. According to First Call, earnings for the 500 = corps in the=20 S&P500 are still expected to drop 22%, worst record in ten years.=20
ONE = LINERS
A 17 year old in San Diego, still living at home = with his=20 parents, managed to scam 1,000 "investors" out of over a million dollars = over=20 the internet by promising returns of 250% to 2500% using the = "investor's" money=20 to bet on sports events. Lots of quotes here, "a fool and his money are = soon=20 parted", "there's a sucker born every minute", "greed will get you in = the=20 end".  Just think, he may be CEO of some future Enron by the time = he's 30!!=20 Nearly $900,000 was recovered from his account in Costa Rica, so = doubtful the=20 "investors" will learn much of a lesson. Still, nice to know we are = raising=20 computer literate kids who are obviously smarter than the = adults.
 
Bankruptcy filings are on track to set new = records for=20 2001. Final numbers announced in early March. Consumer debt way = surpassed=20 expectations in November, up over $16 billion, expected was just over a = $5=20 billion jump. Primary cause was purchases of cars due the zero financing = deals=20 now largely ended.
 
The new President and COO of Int'l House of = Pancakes is=20 Ms. Julia Stewart. She got her start in the restaurant biz 30 years ago = at the=20 age of 16, filling coffee cups and taking orders as a waitress at, you = guessed=20 it, IHOP. Way to go, Julia. Congrats!!
 
First quarter 2002 has been picked in a poll of = private=20 economists as marking the end of recession. 37% picked March, 26% picked = February, 22% picked January, and a bold 7% picked last December. They = projected=20 a rise in GDP of 0.7%. Consensus forecast for 4th quarter GDP is a 1% = decline,=20 which would confirm a recession by traditional standards.
 
New unemployment claims continued to drop faster = than=20 expectations. Four week moving average is stable, and the number = continuing on=20 unemployment dropped by 170,000. And this is despite new layoff = announcements=20 (or expectations) by Ford (10,000), GM (5,000), and Merrill Lynch=20 (9,000).
 
Wholesale inventories continued to fall in = November, down=20 1.1% after dropping 1.2% in October. (gotta deplete inventory before=20 manufacturers restart or increase production, and start hiring new=20 people)
 
Latest reports show applications for mortgages = for home=20 purchases are at an all time high, implying strength for the new and = used home=20 sales figures in the next few months.
 
Friday's PPI report showed an unexpected drop of = 0.7%,=20 expected was a drop of 0.2%. Excluding the volatile energy and food = elements, it=20 still dropped 0.1% compared to an expected rise in the core rate of = 0.1%. Gee,=20 maybe there's still some hope for a Jan 30 Fed rate cut?  And = despite=20 11 Fed rate cuts in the past year, the 15 year mortgage rate is still = only 5=20 basis points below where it was a year ago. So who's making all the = money on=20 refinancing and new mortgages?
MR. = GREENSPAN
I haven't written much about Mr. G for some = time, mostly=20 because I saw little on which to comment, it was business as usual, with = no=20 change.  I didn't catch much of his speech Friday on the economy, = but what=20 I got was significant. First, he expects to see proof of an economic = recovery by=20 summer (that means it would have to already be in progress). Second, he=20 specifically commented: "hypothesis of an accelerated productivity trend had not = been=20 tested in the contracting phase of a business cycle.  Recent = developments=20 have provided that test, and the early returns certainly look favorable = to the=20 hypothesis." That comment, along with several others, leads me to = conclude that the Feds will cut another 25 basis points on Jan 30. It = will=20 likely be the last cut, but I would also not expect to see any rate = hikes until=20 the end of the summer at the earliest. I also expect that when rate = hikes occur,=20 and they will, they will be small, occur slowly and cautiously until not = only=20 our economic growth is well established, but we also see improvement in = the=20 world economy.=20
ON = "M"
I am probably the wrong person to talk about the = market=20 trend this week, as every major index was down. Despite that, my IRA = gained 4.5%=20 for the week and my VR Fund gained 2.8%, so for me the trend is up. Not=20 withstanding that, the worries that the major indexes were developing a = head and=20 shoulders pattern appear to have been unfounded, with the possible = exception of=20 the NASDAQ 100. The ten day moving averages on both up/down volume and = new=20 highs/lows are positive, and expectations of an improving economy, and=20 recovering corporate profits, are strong. Thus I expect a lot more = sidelined=20 money to continue flowing into stocks during the next month or two.=20
WORLEY'S WATCHLIST=20 WANNABEES
While the population of stocks I review for my = own=20 personal investing (low priced, thinly traded small caps) has been = growing=20 nicely, the population of stocks I review for this column appears to be=20 stagnant, not a surprise given the retreat by all markets this=20 week.
As always, Bx is my shorthand for a flat line = "B"ase of=20 "x" weeks duration. If I see a specific pattern, such as a cup and = handle,=20 double bottom, LLUR (Lower Left Upper Right, not officially CANSLIM = pattern),=20 etc, then I will say so.
 
ACS - LLUR, closely following the 50 = DMA
ALLY - B2
BBY - 5 week handle on the cup, but volume still = high,=20 funds already own 37%
BLUD - B2+
CEFT - 3+ week handle on a vague = cup
CVBF - LLUR
DLX - very smooth LLUR despite low earnings=20 forecasts
ELTE - B3
FCN - volatile LLUR attempting a b/o on Friday = on volume,=20 be careful
FMAR - c&h, low price and = volume
JNC - LLUR
MCRS - 2nd base on the handle
MHO - B5
OFIX - B4
PETM - LLUR
POSS - B2 below the high, in my VR = fund
RYAN - LLUR
TIER - B4
URBN - B3
 
Happy hunting,
 
God bless America, and its military = people,
 
Use of this email for any purpose other than = personal is=20 prohibited without prior permission of the author. Commercial use = without=20 permission is specifically prohibited.
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
------=_NextPart_000_0038_01C19BD4.A7C40CE0-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: AW: [CANSLIM] Boucher again ... Date: 13 Jan 2002 13:23:47 +0100 Hi Tom, makes me smile to hear that you use www.comdirect.de, I got my regular account there (just for paying bills etc. not for trading ...) .... Gru? Andreas > -----Ursprungliche Nachricht----- > Von: Tom Worley [SMTP:stkguru@netside.net] > Gesendet am: Sunday, January 13, 2002 5:47 AM > An: canslim@lists.xmission.com > Betreff: Re: [CANSLIM] Boucher again ... > > Hi Andreas, > > I have traded a number of foreign companies, but only if they trade on US > exchanges. Mostly they were European or Israeli. But I generally avoid a > foreign company because of the added risks. Unless they conform to the US > standards of GAAP (Generally Accepted Accounting Principles), and provide > quarterly financial statements, the availability of actual financial > performance is diminished, and requires greater due diligence. Also, the > risk of foreign exchange changes is introduced. I have avoided Canadian > companies because I have seen too many scams get past their regulators (the > level of regulation is poor, and enforcement worse, IMO). Some Canadian > exchanges are better at policing the companies listed there, but why take > the added risk? > > My style of investing means that I want to know a lot more than just details > of a particular company, for example, the state of the economy and the > regional politics, just for starters. Doing this for other countries besides > my own would add to my workload and time invested. And when I can find > excellent investment vehicles right here, giving me superior returns, why > take the extra risk or time? > > By the way, for my European perspective and quotes, I use the free services > of comdirect.de. For translation purposes, I cut and paste the German into > Google's translator. Works well enough that I can get the sense of any > story. I also use the global indexes screen at Yahoo every day so I can see > what has been / is happening in the various regional exchanges, as well as > global news (in English, so I don't have to translate). > > Gru?, > > Tom Worley > stkguru@netside.net > AIM: TexWorley > ----- Original Message ----- > From: "Andreas Himmelreich" > To: > Sent: Saturday, January 12, 2002 3:23 PM > Subject: [CANSLIM] Boucher again ... > > > > Boucher again: Who of you trades internationaly? I do belive that this is > > not really afordable by a private investor below the 2 - 3 Million wall. > > It would mean to search, find and pay databases like Vector Vest or DG > for > > international markets. > > > > I even can not find affordable databases for germany (that, better laws > for > > investor protection and more > > growth firms, better commision rates let me do the trading a 100% in > the > > US, I might buy a european stock, but then > > I its traded as an ADR). > > > > > > - > > -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. ------------------------------------------------------------------------------- From: "rolf hertenstein" Subject: Re: [CANSLIM] Opinions on KKD? Date: 13 Jan 2002 06:46:36 -0700 For my edification, could you tell me the period in which you see the 3 bases? Depending on whether I look at 6 month, 1 year, or 2 year charts, I see a variety of what I might call a base, some sloppy, some not. Thanks! Rolf > Tom, John et al: > > Concerning KKD: To me it looks like it's in its 3rd stage base-whether > it will reach the fouth...? Tom's remarks concerning it "valuations" makes > me wonder whether it is strong enough to enter a fourth (and then a fifth > [which wouldn't hurt after looking at all these bases]). In any event, > Friday's Investors Corner published an article that may be worth considering: > > Investor's Corner, Friday, January 11, 2002, Count A Stock's Bases Before You > Buy BY JONAH KERI > > Want to avoid buying a stock at its peak? Try counting bases. > A stock entering a third-, fourth- or fifth-stage base faces very high risks > of breakdown. And after a huge run-up, the trip down can prove long and > painful. > Yet many investors fail to spot late-stage bases. One reason: They envision a > new base forming only after a stock has doubled or tripled from its last > consolidation. > Here's an eye-opener: A stock need rise only 25% or more from its pivot to > trigger a new-stage base above it. As long as the new base doesn't undercut > the lows of the prior consolidation, add another checkmark to your list of > bases. > Few stocks ever get to form late-stage bases. Only the best can break out of > well-formed bases again and again, stacking gains on top of gains. > Giants of the past like Cisco Systems (CSCO ) wielded enough sales and > earnings clout to make massive gains. Yet even elite stocks can turn tail > eventually. > Be wary of a stock, generally one known for slower growth, that suddenly > starts building a third- or fourth-stage base. After investors have long > ignored a sector, it may suddenly find new strength, even in a bad market. > But once the parade of money switches course again, such a stock can take a > deep fall, which in effect resets its base count. > > jans > > > > In a message dated 1/12/2002 12:22:49 AM Eastern Standard Time, > stkguru@netside.net writes: > > << Wouldn't make my criteria as a LLUR due to its extreme volatility. If I > had the time to sit in front of a monitor for some weeks, might be tempted to > try trading it short term, tho. > > As I have mentioned before, I have a problem with its valuation, even tho I > love their glazed donuts hot off the rack. They need 13 cents to just meet > the full year forecast, looks possible but much less likely they can > surprise. And must average better than 15 cents each qtr next year again to > just meet forecasts. Strong growth, well executed business plan for > aggressive growth, but I keep coming back to valuations. > > Tom Worley > stkguru@netside.net > AIM: TexWorley > ----- Original Message ----- > From: Katherine Malm > To: canslim@lists.xmission.com > Sent: Friday, January 11, 2002 9:57 AM > Subject: Re: [CANSLIM] Opinions on KKD? > > > Hi John, > > Mixed bag. Terribly high PE as Andreas pointed out yesterday. But printing > higher highs and higher lows. An LLUR candidate in the making? or a head & > shoulders top starting to form? Can't tell...but I wouldn't touch it unless > it were clearer. If in since 11/14 B/O, nothing's violated that except a > brief dip below the pivot shortly after. > > Katherine > ----- Original Message ----- > From: Cefaloni, John L Jr. [AMSTA-AR-WEA] > To: canslim@lists.xmission.com > Sent: Friday, January 11, 2002 8:48 AM > Subject: [CANSLIM] Opinions on KKD? > > > Others have asked about this one recently, but there hasn't been much > discussion. > > Anyone have opinions on KKD's chart and it's legitimacy as a CANSLIM > breakout candidate? > > Thanks, > John C. >> > > - > -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. ------------------------------------------------------------------------------- From: kavi kumar Subject: [CANSLIM] CHBS ??? Date: 13 Jan 2002 06:09:24 -0800 (PST) Hi everybody, i am new member here, i have learnt (practiced a little bit too) for couple of years, BTW i am just beginner in investing. But i have spent enought time reading about CANSLIM methodology. This forums seems to be very interesting one. Thank you very much for the contributors of the forum. Any thoughts on chbs, It seems to have formed a nice cup and handle. It has good fundamentals too. Kavi. __________________________________________________ Do You Yahoo!? Send FREE video emails in Yahoo! Mail! http://promo.yahoo.com/videomail/ - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] CHBS ??? Date: 13 Jan 2002 09:34:28 -0500 Hi Kavi, and welcome to the group. Many members here (lurkers and contributors) are new to either or both of investing or CANSLIM, so feel at home. I note that earnings and sales growth are both consistent and strong, as are the forecasts for both current year ending next month, and the following year. Industry group also an "A". Chartwise, appears to me that the breakout on 12/21 has failed, and the stock is declining to support around the sub $30 level, if it can hold there. I personally don't buy this industry groups, as I cannot keep up with fashion trends. And that makes such a big difference in the various Retail/Apparel groups (witness GPS as just one example). CANSLIM elements right now appear very strong, future of the group or this stock less certain in my mind. But with the apparent failed b/o, I would be inclined to avoid it. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message ----- Sent: Sunday, January 13, 2002 9:09 AM > Hi everybody, > > i am new member here, i have learnt (practiced a > little bit too) for couple of years, BTW i am just > beginner in investing. But i have spent enought > time reading about CANSLIM methodology. This > forums seems to be very interesting one. Thank > you very much for the contributors of the forum. > > Any thoughts on chbs, It seems to have formed > a nice cup and handle. It has good fundamentals too. > > Kavi. > > __________________________________________________ > Do You Yahoo!? > Send FREE video emails in Yahoo! Mail! > http://promo.yahoo.com/videomail/ > > - > -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. ------------------------------------------------------------------------------- From: Kent Norman Subject: [CANSLIM] market direction Date: 13 Jan 2002 07:11:24 -0800 (PST) Many "experts" are expecting the market to follow tradition and rise in January and go flat to down for a few months. Do you think this weeks 5 down days are meaningful? I know WON says we don't need to be concerned with where the market is heading, just where it is. So where is it? Is the party over? Should we all get out of the pool? Kent Norman ===== Opportunities always look bigger going than coming. __________________________________________________ Do You Yahoo!? Send FREE video emails in Yahoo! Mail! http://promo.yahoo.com/videomail/ - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Dan Forant" Subject: Re: [CANSLIM] market direction Date: 13 Jan 2002 11:31:43 -0500 I have been saying all along this is going to be a sloooooooowwwww, recovery. Well into the year. All we have to do is *read* the news. I listen to a local analyst here named Larry King, he's with Smith Barney. A few weeks ago he was calling for a quick market return. Just Friday he changed course and now calls for growth but very slow. Analysts jobs from brokerage houses are to soften the tone of bad news. They can even make it sound good. Sure there are stocks out there that the savvy trader may pick, but on average not. It takes months to years for rate and tax cuts to filter into the economy. DanF ----- Original Message ----- Sent: Sunday, January 13, 2002 10:11 AM > Many "experts" are expecting the market to follow > tradition and rise in January and go flat to down for > a few months. Do you think this weeks 5 down days are > meaningful? > > I know WON says we don't need to be concerned with > where the market is heading, just where it is. > > So where is it? Is the party over? Should we all get > out of the pool? > > Kent Norman > > > ===== > Opportunities always look bigger going than coming. > > __________________________________________________ > Do You Yahoo!? > Send FREE video emails in Yahoo! Mail! > http://promo.yahoo.com/videomail/ > > - > -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. ------------------------------------------------------------------------------- From: "rolf hertenstein" Subject: Re: [CANSLIM] market direction Date: 13 Jan 2002 09:54:25 -0700 I'm still concerned about the overall market valuation, which remains high. Yes, as earnings improve, market P/Es should lower, assuming prices don't accelerate faster than earnings improve. Even though WON gives little credence to P/Es, I'm adding a P (CANSLIMP ?) for the time being. I think many investors will be spooked by high P/Es (e.g., KKD) and tend towards solid companies with relatively low P/Es. Just one new investor's opinion. Rolf ----- Original Message ----- Sent: Sunday, January 13, 2002 9:31 AM > I have been saying all along this is going to be a sloooooooowwwww, > recovery. Well into the year. All we have to do is *read* the news. I listen > to a local analyst here named Larry King, he's with Smith Barney. A few > weeks ago he was calling for a quick market return. Just Friday he changed > course and now calls for growth but very slow. Analysts jobs from brokerage > houses are to soften the tone of bad news. They can even make it sound good. > Sure there are stocks out there that the savvy trader may pick, but on > average not. It takes months to years for rate and tax cuts to filter into > the economy. > > DanF > > > ----- Original Message ----- > From: "Kent Norman" > To: "CANSLIM" > Sent: Sunday, January 13, 2002 10:11 AM > Subject: [CANSLIM] market direction > > > > Many "experts" are expecting the market to follow > > tradition and rise in January and go flat to down for > > a few months. Do you think this weeks 5 down days are > > meaningful? > > > > I know WON says we don't need to be concerned with > > where the market is heading, just where it is. > > > > So where is it? Is the party over? Should we all get > > out of the pool? > > > > Kent Norman > > > > > > ===== > > Opportunities always look bigger going than coming. > > > > __________________________________________________ > > Do You Yahoo!? > > Send FREE video emails in Yahoo! Mail! > > http://promo.yahoo.com/videomail/ > > > > - > > -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. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: AW: [CANSLIM] market direction Date: 13 Jan 2002 18:02:53 +0100 Only 1 Diss Day this week, rest of the retrace was on lower vol, so nothing to worry about. Nevertheless a lot of BOs failed or had severe retraces on Friday (GISX DYII). I was able to make good money this week, right now for me the market is in a neutral mood. It is a stock picker market, smal to mid cap value and growth (at the same time) like in Stocks like DFXI, TTIL etc. are in good shape. Nevertheless: The roaring bull market of the 90s will not come back ... As soon this happens (first week of Jan), the market reacts very fast to the downside (like this week). > -----Ursprungliche Nachricht----- > Von: Kent Norman [SMTP:kent_norman@yahoo.com] > Gesendet am: Sunday, January 13, 2002 4:11 PM > An: CANSLIM > Betreff: [CANSLIM] market direction > > Many "experts" are expecting the market to follow > tradition and rise in January and go flat to down for > a few months. Do you think this weeks 5 down days are > meaningful? > > I know WON says we don't need to be concerned with > where the market is heading, just where it is. > > So where is it? Is the party over? Should we all get > out of the pool? > > Kent Norman > > > ===== > Opportunities always look bigger going than coming. > > __________________________________________________ > Do You Yahoo!? > Send FREE video emails in Yahoo! Mail! > http://promo.yahoo.com/videomail/ > > - > -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. ------------------------------------------------------------------------------- From: "Steve" Subject: Re: [CANSLIM] Worley's Weekend Weeview Date: 13 Jan 2002 12:12:16 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_000E_01C19C2B.8ACC82F0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Tom, Thanks again for your summary and attached watch list once again you = have added to my watch list. I have two questions regarding your WWW. 1. What is(are) the criteria(s) that you filter on to get your original = list prior to paring it down to the below? I have a small handful of = filters that I thought were pretty good but only half of your list below = even shows up on my original master list (about 300 long for weekend = review).=20 2. You have often mentioned about your own personal investing style is = in addition to CANSLIM (this group) and you select low priced/low = vol/small caps. Are you involved in other groups similiar to this group = for your other style of investing? I would also be interested in what = filter criteria you use to find those. (I have been using PEG ratios of = < .65, avol<50K but then I miss out on those without earnings...) Thanks for any coaching you can provide! Steve ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Sunday, January 13, 2002 1:50 AM Subject: [CANSLIM] Worley's Weekend Weeview CONFESSION SEASON We are now in a critical time period preceding the actual reporting of = Fourth Quarter results. Corporations big and small are supposed to be = adjusting investor's expectations to what they will actually report, vs. = what they (or analysts) have already said to expect. My subjective = observation was that the news was far more positive than negative, with = over half of the companies saying anything saying that they would exceed = lowered expectations. And most of the rest were saying they would meet = the current expectations. Just read a report off Reuters, which confirms = my observation. So far in preparation for Q4, 44% of the announcements = have warned they will miss forecasts. The positive spin? For Q3, the = number was 63%, for Q2 it was 68%, and 70% for Q1. And 25% of this = confession season are positive, compared to only 16% average for the = prior 3 quarters. According to First Call, earnings for the 500 corps in = the S&P500 are still expected to drop 22%, worst record in ten years.=20 ----- ONE LINERS A 17 year old in San Diego, still living at home with his parents, = managed to scam 1,000 "investors" out of over a million dollars over the = internet by promising returns of 250% to 2500% using the "investor's" = money to bet on sports events. Lots of quotes here, "a fool and his = money are soon parted", "there's a sucker born every minute", "greed = will get you in the end". Just think, he may be CEO of some future = Enron by the time he's 30!! Nearly $900,000 was recovered from his = account in Costa Rica, so doubtful the "investors" will learn much of a = lesson. Still, nice to know we are raising computer literate kids who = are obviously smarter than the adults. Bankruptcy filings are on track to set new records for 2001. Final = numbers announced in early March. Consumer debt way surpassed = expectations in November, up over $16 billion, expected was just over a = $5 billion jump. Primary cause was purchases of cars due the zero = financing deals now largely ended. The new President and COO of Int'l House of Pancakes is Ms. Julia = Stewart. She got her start in the restaurant biz 30 years ago at the age = of 16, filling coffee cups and taking orders as a waitress at, you = guessed it, IHOP. Way to go, Julia. Congrats!!=20 First quarter 2002 has been picked in a poll of private economists as = marking the end of recession. 37% picked March, 26% picked February, 22% = picked January, and a bold 7% picked last December. They projected a = rise in GDP of 0.7%. Consensus forecast for 4th quarter GDP is a 1% = decline, which would confirm a recession by traditional standards. New unemployment claims continued to drop faster than expectations. = Four week moving average is stable, and the number continuing on = unemployment dropped by 170,000. And this is despite new layoff = announcements (or expectations) by Ford (10,000), GM (5,000), and = Merrill Lynch (9,000). Wholesale inventories continued to fall in November, down 1.1% after = dropping 1.2% in October. (gotta deplete inventory before manufacturers = restart or increase production, and start hiring new people) Latest reports show applications for mortgages for home purchases are = at an all time high, implying strength for the new and used home sales = figures in the next few months. Friday's PPI report showed an unexpected drop of 0.7%, expected was a = drop of 0.2%. Excluding the volatile energy and food elements, it still = dropped 0.1% compared to an expected rise in the core rate of 0.1%. Gee, = maybe there's still some hope for a Jan 30 Fed rate cut? And despite 11 = Fed rate cuts in the past year, the 15 year mortgage rate is still only = 5 basis points below where it was a year ago. So who's making all the = money on refinancing and new mortgages? ----- MR. GREENSPAN I haven't written much about Mr. G for some time, mostly because I saw = little on which to comment, it was business as usual, with no change. I = didn't catch much of his speech Friday on the economy, but what I got = was significant. First, he expects to see proof of an economic recovery = by summer (that means it would have to already be in progress). Second, = he specifically commented: "hypothesis of an accelerated productivity = trend had not been tested in the contracting phase of a business cycle. = Recent developments have provided that test, and the early returns = certainly look favorable to the hypothesis." That comment, along with = several others, leads me to conclude that the Feds will cut another 25 = basis points on Jan 30. It will likely be the last cut, but I would also = not expect to see any rate hikes until the end of the summer at the = earliest. I also expect that when rate hikes occur, and they will, they = will be small, occur slowly and cautiously until not only our economic = growth is well established, but we also see improvement in the world = economy.=20 ----- ON "M" I am probably the wrong person to talk about the market trend this = week, as every major index was down. Despite that, my IRA gained 4.5% = for the week and my VR Fund gained 2.8%, so for me the trend is up. Not = withstanding that, the worries that the major indexes were developing a = head and shoulders pattern appear to have been unfounded, with the = possible exception of the NASDAQ 100. The ten day moving averages on = both up/down volume and new highs/lows are positive, and expectations of = an improving economy, and recovering corporate profits, are strong. Thus = I expect a lot more sidelined money to continue flowing into stocks = during the next month or two.=20 ----- WORLEY'S WATCHLIST WANNABEES While the population of stocks I review for my own personal investing = (low priced, thinly traded small caps) has been growing nicely, the = population of stocks I review for this column appears to be stagnant, = not a surprise given the retreat by all markets this week. As always, Bx is my shorthand for a flat line "B"ase of "x" weeks = duration. If I see a specific pattern, such as a cup and handle, double = bottom, LLUR (Lower Left Upper Right, not officially CANSLIM pattern), = etc, then I will say so. ACS - LLUR, closely following the 50 DMA ALLY - B2 BBY - 5 week handle on the cup, but volume still high, funds already = own 37% BLUD - B2+ CEFT - 3+ week handle on a vague cup CVBF - LLUR DLX - very smooth LLUR despite low earnings forecasts ELTE - B3 FCN - volatile LLUR attempting a b/o on Friday on volume, be careful FMAR - c&h, low price and volume JNC - LLUR MCRS - 2nd base on the handle MHO - B5 OFIX - B4 PETM - LLUR POSS - B2 below the high, in my VR fund RYAN - LLUR TIER - B4 URBN - B3 Happy hunting, God bless America, and its military people, Use of this email for any purpose other than personal is prohibited = without prior permission of the author. Commercial use without = permission is specifically prohibited. Tom Worley stkguru@netside.net AIM: TexWorley ------=_NextPart_000_000E_01C19C2B.8ACC82F0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Tom,
 
Thanks again for your summary and = attached watch=20 list once again you have added to my watch list.  I have two = questions=20 regarding your WWW.
 
1. What is(are) the criteria(s) that = you filter on=20 to get your original list prior to paring it down to the below?  I = have a=20 small handful of filters that I thought were pretty good but only half = of your=20 list below even shows up on my original master list (about 300 long for = weekend=20 review).
 
2. You have often mentioned about your = own personal=20 investing style is in addition to CANSLIM (this group) and = you select low=20 priced/low vol/small caps.  Are you involved in other groups = similiar to=20 this group for your other style of investing?  I would also be = interested=20 in what filter criteria you use to find those.  (I have been using = PEG=20 ratios of < .65, avol<50K but then I miss out on those without=20 earnings...)
 
Thanks for any coaching you can=20 provide!
 
Steve
 
 
----- Original Message -----
From:=20 Tom = Worley=20
Sent: Sunday, January 13, 2002 = 1:50=20 AM
Subject: [CANSLIM] Worley's = Weekend=20 Weeview

CONFESSION=20 SEASON
We are now in a critical time period preceding = the=20 actual reporting of Fourth Quarter results. Corporations big and small = are=20 supposed to be adjusting investor's expectations to what they will = actually=20 report, vs. what they (or analysts) have already said to expect. My = subjective=20 observation was that the news was far more positive than negative, = with over=20 half of the companies saying anything saying that they would exceed = lowered=20 expectations. And most of the rest were saying they would meet the = current=20 expectations. Just read a report off Reuters, which confirms my = observation.=20 So far in preparation for Q4, 44% of the announcements have warned = they will=20 miss forecasts. The positive spin? For Q3, the number was 63%, for Q2 = it was=20 68%, and 70% for Q1. And 25% of this confession season are positive, = compared=20 to only 16% average for the prior 3 quarters. According to First Call, = earnings for the 500 corps in the S&P500 are still expected to = drop 22%,=20 worst record in ten years.=20
ONE = LINERS
A 17 year old in San Diego, still living at = home with=20 his parents, managed to scam 1,000 "investors" out of over a million = dollars=20 over the internet by promising returns of 250% to 2500% using the = "investor's"=20 money to bet on sports events. Lots of quotes here, "a fool and his = money are=20 soon parted", "there's a sucker born every minute", "greed will get = you in the=20 end".  Just think, he may be CEO of some future Enron by the time = he's=20 30!! Nearly $900,000 was recovered from his account in Costa Rica, so = doubtful=20 the "investors" will learn much of a lesson. Still, nice to know we = are=20 raising computer literate kids who are obviously smarter than the=20 adults.
 
Bankruptcy filings are on track to set new = records for=20 2001. Final numbers announced in early March. Consumer debt way = surpassed=20 expectations in November, up over $16 billion, expected was just over = a $5=20 billion jump. Primary cause was purchases of cars due the zero = financing deals=20 now largely ended.
 
The new President and COO of Int'l House of = Pancakes is=20 Ms. Julia Stewart. She got her start in the restaurant biz 30 years = ago at the=20 age of 16, filling coffee cups and taking orders as a waitress at, you = guessed=20 it, IHOP. Way to go, Julia. Congrats!!
 
First quarter 2002 has been picked in a poll = of private=20 economists as marking the end of recession. 37% picked March, 26% = picked=20 February, 22% picked January, and a bold 7% picked last December. They = projected a rise in GDP of 0.7%. Consensus forecast for 4th quarter = GDP is a=20 1% decline, which would confirm a recession by traditional=20 standards.
 
New unemployment claims continued to drop = faster than=20 expectations. Four week moving average is stable, and the number = continuing on=20 unemployment dropped by 170,000. And this is despite new layoff = announcements=20 (or expectations) by Ford (10,000), GM (5,000), and Merrill Lynch=20 (9,000).
 
Wholesale inventories continued to fall in = November,=20 down 1.1% after dropping 1.2% in October. (gotta deplete inventory = before=20 manufacturers restart or increase production, and start hiring new=20 people)
 
Latest reports show applications for mortgages = for home=20 purchases are at an all time high, implying strength for the new and = used home=20 sales figures in the next few months.
 
Friday's PPI report showed an unexpected drop = of 0.7%,=20 expected was a drop of 0.2%. Excluding the volatile energy and food = elements,=20 it still dropped 0.1% compared to an expected rise in the core rate of = 0.1%.=20 Gee, maybe there's still some hope for a Jan 30 Fed rate = cut?  And=20 despite 11 Fed rate cuts in the past year, the 15 year mortgage rate = is still=20 only 5 basis points below where it was a year ago. So who's making all = the=20 money on refinancing and new mortgages?
MR.=20 GREENSPAN
I haven't written much about Mr. G for some = time, mostly=20 because I saw little on which to comment, it was business as usual, = with no=20 change.  I didn't catch much of his speech Friday on the economy, = but=20 what I got was significant. First, he expects to see proof of an = economic=20 recovery by summer (that means it would have to already be in = progress).=20 Second, he specifically commented: "hypothesis of an accelerated productivity trend had = not been=20 tested in the contracting phase of a business cycle.  Recent = developments=20 have provided that test, and the early returns certainly look = favorable to the=20 hypothesis." That comment, along with several others, leads me = to=20 conclude that the Feds will cut another 25 basis points on Jan 30. It = will=20 likely be the last cut, but I would also not expect to see any rate = hikes=20 until the end of the summer at the earliest. I also expect that when = rate=20 hikes occur, and they will, they will be small, occur slowly and = cautiously=20 until not only our economic growth is well established, but we also = see=20 improvement in the world economy.=20
ON = "M"
I am probably the wrong person to talk about = the market=20 trend this week, as every major index was down. Despite that, my IRA = gained=20 4.5% for the week and my VR Fund gained 2.8%, so for me the trend is = up. Not=20 withstanding that, the worries that the major indexes were developing = a head=20 and shoulders pattern appear to have been unfounded, with the possible = exception of the NASDAQ 100. The ten day moving averages on both = up/down=20 volume and new highs/lows are positive, and expectations of an = improving=20 economy, and recovering corporate profits, are strong. Thus I expect a = lot=20 more sidelined money to continue flowing into stocks during the next = month or=20 two.=20
WORLEY'S WATCHLIST=20 WANNABEES
While the population of stocks I review for my = own=20 personal investing (low priced, thinly traded small caps) has been = growing=20 nicely, the population of stocks I review for this column appears to = be=20 stagnant, not a surprise given the retreat by all markets this=20 week.
As always, Bx is my shorthand for a flat line = "B"ase of=20 "x" weeks duration. If I see a specific pattern, such as a cup and = handle,=20 double bottom, LLUR (Lower Left Upper Right, not officially CANSLIM = pattern),=20 etc, then I will say so.
 
ACS - LLUR, closely following the 50 = DMA
ALLY - B2
BBY - 5 week handle on the cup, but volume = still high,=20 funds already own 37%
BLUD - B2+
CEFT - 3+ week handle on a vague = cup
CVBF - LLUR
DLX - very smooth LLUR despite low earnings=20 forecasts
ELTE - B3
FCN - volatile LLUR attempting a b/o on Friday = on=20 volume, be careful
FMAR - c&h, low price and = volume
JNC - LLUR
MCRS - 2nd base on the handle
MHO - B5
OFIX - B4
PETM - LLUR
POSS - B2 below the high, in my VR = fund
RYAN - LLUR
TIER - B4
URBN - B3
 
Happy hunting,
 
God bless America, and its military = people,
 
Use of this email for any purpose other than = personal is=20 prohibited without prior permission of the author. Commercial use = without=20 permission is specifically prohibited.
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
------=_NextPart_000_000E_01C19C2B.8ACC82F0-- _________________________________________________________ Do You Yahoo!? Get your free @yahoo.com address at http://mail.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. ------------------------------------------------------------------------------- From: "Ann" Subject: Re: [CANSLIM] market direction Date: 13 Jan 2002 12:05:05 -0500 Andreas and all: How can it be a good M for value and growth stocks at the same time? Ann Slowly learning : I was able to make good money this week, right now for me the market is in a neutral mood. : It is a stock picker market, smal to mid cap value and growth (at the same time) like in Stocks : like DFXI, TTIL etc. are in good shape. : : - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Dan Subject: Re: AW: [CANSLIM] market direction Date: 13 Jan 2002 09:13:51 -0800 Spx weekly chart shows strong resistance for 6 weeks at about 1177. Might get nice move, if it can close above! Andreas Himmelreich wrote: > Only 1 Diss Day this week, rest of the retrace was on lower vol, so nothing to worry about. > Nevertheless a lot of BOs failed or had severe retraces on Friday (GISX DYII). > > I was able to make good money this week, right now for me the market is in a neutral mood. > It is a stock picker market, smal to mid cap value and growth (at the same time) like in Stocks > like DFXI, TTIL etc. are in good shape. > > Nevertheless: The roaring bull market of the 90s will not come back ... As soon this happens (first week of > Jan), the market reacts very fast to the downside (like this week). > > > -----Ursprungliche Nachricht----- > > Von: Kent Norman [SMTP:kent_norman@yahoo.com] > > Gesendet am: Sunday, January 13, 2002 4:11 PM > > An: CANSLIM > > Betreff: [CANSLIM] market direction > > > > Many "experts" are expecting the market to follow > > tradition and rise in January and go flat to down for > > a few months. Do you think this weeks 5 down days are > > meaningful? > > > > I know WON says we don't need to be concerned with > > where the market is heading, just where it is. > > > > So where is it? Is the party over? Should we all get > > out of the pool? > > > > Kent Norman > > > > > > ===== > > Opportunities always look bigger going than coming. > > > > __________________________________________________ > > Do You Yahoo!? > > Send FREE video emails in Yahoo! Mail! > > http://promo.yahoo.com/videomail/ > > > > - > > -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. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: AW: [CANSLIM] market direction Date: 13 Jan 2002 18:27:09 +0100 Sorry, what I mean is: There are stocks that have both at the same time. DFXI has growth and Value (PE under 20). > -----Ursprungliche Nachricht----- > Von: Ann [SMTP:annholly@mediaone.net] > Gesendet am: Sunday, January 13, 2002 6:05 PM > An: canslim@lists.xmission.com > Betreff: Re: [CANSLIM] market direction > > Andreas and all: > > How can it be a good M for value and growth stocks at the same time? > > Ann > Slowly learning > > > : I was able to make good money this week, right now for me the market is in > a neutral mood. > : It is a stock picker market, smal to mid cap value and growth (at the same > time) like in Stocks > : like DFXI, TTIL etc. are in good shape. > : > : > > > - > -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. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: AW: [CANSLIM] market direction Date: 13 Jan 2002 18:27:53 +0100 You do not have to buy stocks with high PEs. Just go into value and growth and let the BOs of ultra High PE stocks fail. David Ryan says in Market Wizards that the PE (or the Value) is important (even Won does not say it) for the probabillity of a good breakout. I do belive that the market right now differenciates, its not a nutty bull market like in the 90s where everything went up, no matter its fundamentals (in some stages of the bull market). But the market is not so bad, that it sends down all stocks, it differenciates, thats all... I do actually not care about the market direction too much. The only question that is interesting: Is there an area which is profitable? (so far only on the long side) There where 100000s of long chances even in 2000 and 2001. Are there Industry Groups that set up a bull market for its member stocks? If yes, money is around the corner. Pick it up and ride it. Just look at stuff like TARO, MDCI, AHMH, BZH in 2001... December was pretty much flat on the Indexes, but it was a great month for a lot of canslim stocks. I acutally would like it if the Nasdaq would be still on 2000 Points at the end of the year, as long fundamentally sound stocks go up and grap goes down. The only moment you have to be aware of is the moment gets so bad, that nothing works, every Industry Group goes down pricewise, everything rolls over, no matter how good the fundamentals of the stocks. Then and only then it is time to get flat. In 2001 that was from August to the beginning of October. Sorry to be so opinionated. Andreas > -----Ursprungliche Nachricht----- > Von: rolf hertenstein [SMTP:rolfh@mindspring.com] > Gesendet am: Sunday, January 13, 2002 5:54 PM > An: canslim@lists.xmission.com > Betreff: Re: [CANSLIM] market direction > > I'm still concerned about the overall market valuation, which remains high. > Yes, as earnings improve, market P/Es should lower, assuming prices > don't accelerate faster than earnings improve. > > Even though WON gives little credence to P/Es, I'm adding a P > (CANSLIMP ?) for the time being. I think many investors will be spooked > by high P/Es (e.g., KKD) and tend towards solid companies with relatively > low P/Es. Just one new investor's opinion. > > Rolf > > ----- Original Message ----- > From: "Dan Forant" > To: > Sent: Sunday, January 13, 2002 9:31 AM > Subject: Re: [CANSLIM] market direction > > > > I have been saying all along this is going to be a sloooooooowwwww, > > recovery. Well into the year. All we have to do is *read* the news. I > listen > > to a local analyst here named Larry King, he's with Smith Barney. A few > > weeks ago he was calling for a quick market return. Just Friday he changed > > course and now calls for growth but very slow. Analysts jobs from > brokerage > > houses are to soften the tone of bad news. They can even make it sound > good. > > Sure there are stocks out there that the savvy trader may pick, but on > > average not. It takes months to years for rate and tax cuts to filter into > > the economy. > > > > DanF > > > > > > ----- Original Message ----- > > From: "Kent Norman" > > To: "CANSLIM" > > Sent: Sunday, January 13, 2002 10:11 AM > > Subject: [CANSLIM] market direction > > > > > > > Many "experts" are expecting the market to follow > > > tradition and rise in January and go flat to down for > > > a few months. Do you think this weeks 5 down days are > > > meaningful? > > > > > > I know WON says we don't need to be concerned with > > > where the market is heading, just where it is. > > > > > > So where is it? Is the party over? Should we all get > > > out of the pool? > > > > > > Kent Norman > > > > > > > > > ===== > > > Opportunities always look bigger going than coming. > > > > > > __________________________________________________ > > > Do You Yahoo!? > > > Send FREE video emails in Yahoo! Mail! > > > http://promo.yahoo.com/videomail/ > > > > > > - > > > -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. - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Ann" Subject: Re: [CANSLIM] market direction/EFTs Date: 13 Jan 2002 13:05:37 -0500 Thanks for your response, Andreas. I think I see what you are saying. I invested in a SmallCap EFT recently, and was wondering whether I should have! ----- Original Message ----- Sent: Sunday, January 13, 2002 12:27 PM : You do not have to buy stocks with high PEs. Just go into value and growth and : let the BOs of ultra High PE stocks fail. : : David Ryan says in Market Wizards that the PE (or the Value) is important (even Won does not say it) for : the probabillity of a good breakout. : : I do belive that the market right now differenciates, its not a nutty bull market like in the 90s where : everything went up, no matter its fundamentals (in some stages of the bull market). : : But the market is not so bad, that it sends down all stocks, it differenciates, thats all... : : I do actually not care about the market direction too much. The only question that is interesting: : Is there an area which is profitable? (so far only on the long side) There where 100000s of long chances even in 2000 and 2001. : : Are there Industry Groups that set up a bull market for its member stocks? If yes, money is around the corner. Pick it up and ride it. : Just look at stuff like TARO, MDCI, AHMH, BZH in 2001... : : December was pretty much flat on the Indexes, but it was a great month for a lot of canslim stocks. : : I acutally would like it if the Nasdaq would be still on 2000 Points at the end of the year, as long : fundamentally sound stocks go up and grap goes down. : : The only moment you have to be aware of is the moment gets so bad, that nothing works, every Industry Group : goes down pricewise, everything rolls over, no matter how good the fundamentals of the stocks. Then and only then : it is time to get flat. In 2001 that was from August to the beginning of October. : : Sorry to be so opinionated. : : Andreas : : : > -----Ursprungliche Nachricht----- : > Von: rolf hertenstein [SMTP:rolfh@mindspring.com] : > Gesendet am: Sunday, January 13, 2002 5:54 PM : > An: canslim@lists.xmission.com : > Betreff: Re: [CANSLIM] market direction : > : > I'm still concerned about the overall market valuation, which remains high. : > Yes, as earnings improve, market P/Es should lower, assuming prices : > don't accelerate faster than earnings improve. : > : > Even though WON gives little credence to P/Es, I'm adding a P : > (CANSLIMP ?) for the time being. I think many investors will be spooked : > by high P/Es (e.g., KKD) and tend towards solid companies with relatively : > low P/Es. Just one new investor's opinion. : > : > Rolf : > : > ----- Original Message ----- : > From: "Dan Forant" : > To: : > Sent: Sunday, January 13, 2002 9:31 AM : > Subject: Re: [CANSLIM] market direction : > : > : > > I have been saying all along this is going to be a sloooooooowwwww, : > > recovery. Well into the year. All we have to do is *read* the news. I : > listen : > > to a local analyst here named Larry King, he's with Smith Barney. A few : > > weeks ago he was calling for a quick market return. Just Friday he changed : > > course and now calls for growth but very slow. Analysts jobs from : > brokerage : > > houses are to soften the tone of bad news. They can even make it sound : > good. : > > Sure there are stocks out there that the savvy trader may pick, but on : > > average not. It takes months to years for rate and tax cuts to filter into : > > the economy. : > > : > > DanF : > > : > > : > > ----- Original Message ----- : > > From: "Kent Norman" : > > To: "CANSLIM" : > > Sent: Sunday, January 13, 2002 10:11 AM : > > Subject: [CANSLIM] market direction : > > : > > : > > > Many "experts" are expecting the market to follow : > > > tradition and rise in January and go flat to down for : > > > a few months. Do you think this weeks 5 down days are : > > > meaningful? : > > > : > > > I know WON says we don't need to be concerned with : > > > where the market is heading, just where it is. : > > > : > > > So where is it? Is the party over? Should we all get : > > > out of the pool? : > > > : > > > Kent Norman : > > > : > > > : > > > ===== : > > > Opportunities always look bigger going than coming. : > > > : > > > __________________________________________________ : > > > Do You Yahoo!? : > > > Send FREE video emails in Yahoo! Mail! : > > > http://promo.yahoo.com/videomail/ : > > > : > > > - : > > > -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. : : - : -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. ------------------------------------------------------------------------------- From: "rolf hertenstein" Subject: Re: [CANSLIM] market direction Date: 13 Jan 2002 11:14:10 -0700 Nothing to be sorry about! I'm here to learn from people's opinions. My take on 'value and/or growth' (from Ann's question). I always thought of growth as growth in earnings, sales, etc. So the trick is to find low P/E stocks with fast growth, which is the same as the low PEG ratio someone else mentioned. WON worry about growth and not P/E - not sure I ever bought that concept completely, especially now. Rolf > > Sorry to be so opinionated. > > Andreas > > > > -----Ursprungliche Nachricht----- > > Von: rolf hertenstein [SMTP:rolfh@mindspring.com] > > Gesendet am: Sunday, January 13, 2002 5:54 PM > > An: canslim@lists.xmission.com > > Betreff: Re: [CANSLIM] market direction > > > > I'm still concerned about the overall market valuation, which remains high. > > Yes, as earnings improve, market P/Es should lower, assuming prices > > don't accelerate faster than earnings improve. > > > > Even though WON gives little credence to P/Es, I'm adding a P > > (CANSLIMP ?) for the time being. I think many investors will be spooked > > by high P/Es (e.g., KKD) and tend towards solid companies with relatively > > low P/Es. Just one new investor's opinion. > > > > Rolf > > > > ----- Original Message ----- > > From: "Dan Forant" > > To: > > Sent: Sunday, January 13, 2002 9:31 AM > > Subject: Re: [CANSLIM] market direction > > > > > > > I have been saying all along this is going to be a sloooooooowwwww, > > > recovery. Well into the year. All we have to do is *read* the news. I > > listen > > > to a local analyst here named Larry King, he's with Smith Barney. A few > > > weeks ago he was calling for a quick market return. Just Friday he changed > > > course and now calls for growth but very slow. Analysts jobs from > > brokerage > > > houses are to soften the tone of bad news. They can even make it sound > > good. > > > Sure there are stocks out there that the savvy trader may pick, but on > > > average not. It takes months to years for rate and tax cuts to filter into > > > the economy. > > > > > > DanF > > > > > > > > > ----- Original Message ----- > > > From: "Kent Norman" > > > To: "CANSLIM" > > > Sent: Sunday, January 13, 2002 10:11 AM > > > Subject: [CANSLIM] market direction > > > > > > > > > > Many "experts" are expecting the market to follow > > > > tradition and rise in January and go flat to down for > > > > a few months. Do you think this weeks 5 down days are > > > > meaningful? > > > > > > > > I know WON says we don't need to be concerned with > > > > where the market is heading, just where it is. > > > > > > > > So where is it? Is the party over? Should we all get > > > > out of the pool? > > > > > > > > Kent Norman > > > > > > > > > > > > ===== > > > > Opportunities always look bigger going than coming. > > > > > > > > __________________________________________________ > > > > Do You Yahoo!? > > > > Send FREE video emails in Yahoo! Mail! > > > > http://promo.yahoo.com/videomail/ > > > > > > > > - > > > > -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. > > - > -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. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] market direction/EFTs Date: 13 Jan 2002 11:55:18 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_00CA_01C19C29.2BBD4120 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Here's a good way to look at the relative performance of the markets = since key dates: I like to see these in bar chart view, but you can use line charts as = well, as both are available: Look at comparisons from key dates to Friday's close (1/11/02): Bull market top: 3/21/2001 (202 days) Latest market peak: 5/21/2001 (160 days) Follow-thru day: 9/28/2001 (73 days) This will give you a comparison between Russell 2000 (small cap), = MidCap, Large Cap, Naz100 (large cap tech), Dow and total market = proxies: http://stockcharts.com/webcgi/wb.exe?Perf.web+IWM,MDY,QQQ,DIA,IYY There is a bar at the bottom of the chart that you can stretch to the = days right and left that you want to consider once the chart is built. = Roll your cursor over the chart and the key information for each index = will pop up. This will give you a comparison between styles Sm Cap Growth, Mid Cap = Growth, Lg Cap Growth,Sm Cap Val, Mid Cap Val, Lg Cap Val. Again, run = these from the key date until today and you will be able to make your = own conclusions about growth/value. http://stockcharts.com/webcgi/wb.exe?Perf.web+IJT,IJK,IVW,IJS,IJJ,IVE For a more general comparison between growth, value, total market, try: http://stockcharts.com/webcgi/wb.exe?Perf.web+IWZ,IWW,IYY Katherine ----- Original Message -----=20 From: Ann=20 To: canslim@lists.xmission.com=20 Sent: Sunday, January 13, 2002 12:05 PM Subject: Re: [CANSLIM] market direction/EFTs Thanks for your response, Andreas. I think I see what you are saying. I invested in a SmallCap EFT recently, and was wondering whether I = should have! ----- Original Message ----- From: "Andreas Himmelreich" To: Sent: Sunday, January 13, 2002 12:27 PM Subject: AW: [CANSLIM] market direction : You do not have to buy stocks with high PEs. Just go into value and = growth and : let the BOs of ultra High PE stocks fail. : : David Ryan says in Market Wizards that the PE (or the Value) is = important (even Won does not say it) for : the probabillity of a good breakout. : : I do belive that the market right now differenciates, its not a = nutty bull market like in the 90s where : everything went up, no matter its fundamentals (in some stages of = the bull market). : : But the market is not so bad, that it sends down all stocks, it differenciates, thats all... : : I do actually not care about the market direction too much. The only question that is interesting: : Is there an area which is profitable? (so far only on the long side) = There where 100000s of long chances even in 2000 and 2001. : : Are there Industry Groups that set up a bull market for its member = stocks? If yes, money is around the corner. Pick it up and ride it. : Just look at stuff like TARO, MDCI, AHMH, BZH in 2001... : : December was pretty much flat on the Indexes, but it was a great = month for a lot of canslim stocks. : : I acutally would like it if the Nasdaq would be still on 2000 Points = at the end of the year, as long : fundamentally sound stocks go up and grap goes down. : : The only moment you have to be aware of is the moment gets so bad, = that nothing works, every Industry Group : goes down pricewise, everything rolls over, no matter how good the fundamentals of the stocks. Then and only then : it is time to get flat. In 2001 that was from August to the = beginning of October. : : Sorry to be so opinionated. : : Andreas : : : > -----Ursprungliche Nachricht----- : > Von: rolf hertenstein [SMTP:rolfh@mindspring.com] : > Gesendet am: Sunday, January 13, 2002 5:54 PM : > An: canslim@lists.xmission.com : > Betreff: Re: [CANSLIM] market direction : > : > I'm still concerned about the overall market valuation, which = remains high. : > Yes, as earnings improve, market P/Es should lower, assuming = prices : > don't accelerate faster than earnings improve. : > : > Even though WON gives little credence to P/Es, I'm adding a P : > (CANSLIMP ?) for the time being. I think many investors will be = spooked : > by high P/Es (e.g., KKD) and tend towards solid companies with relatively : > low P/Es. Just one new investor's opinion. : > : > Rolf : > : > ----- Original Message ----- : > From: "Dan Forant" : > To: : > Sent: Sunday, January 13, 2002 9:31 AM : > Subject: Re: [CANSLIM] market direction : > : > : > > I have been saying all along this is going to be a = sloooooooowwwww, : > > recovery. Well into the year. All we have to do is *read* the = news. I : > listen : > > to a local analyst here named Larry King, he's with Smith = Barney. A few : > > weeks ago he was calling for a quick market return. Just Friday = he changed : > > course and now calls for growth but very slow. Analysts jobs = from : > brokerage : > > houses are to soften the tone of bad news. They can even make it = sound : > good. : > > Sure there are stocks out there that the savvy trader may pick, = but on : > > average not. It takes months to years for rate and tax cuts to = filter into : > > the economy. : > > : > > DanF : > > : > > : > > ----- Original Message ----- : > > From: "Kent Norman" : > > To: "CANSLIM" : > > Sent: Sunday, January 13, 2002 10:11 AM : > > Subject: [CANSLIM] market direction : > > : > > : > > > Many "experts" are expecting the market to follow : > > > tradition and rise in January and go flat to down for : > > > a few months. Do you think this weeks 5 down days are : > > > meaningful? : > > > : > > > I know WON says we don't need to be concerned with : > > > where the market is heading, just where it is. : > > > : > > > So where is it? Is the party over? Should we all get : > > > out of the pool? : > > > : > > > Kent Norman : > > > : > > > : > > > =3D=3D=3D=3D=3D : > > > Opportunities always look bigger going than coming. : > > > : > > > __________________________________________________ : > > > Do You Yahoo!? : > > > Send FREE video emails in Yahoo! Mail! : > > > http://promo.yahoo.com/videomail/ : > > > : > > > - : > > > -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. : : - : -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. ------=_NextPart_000_00CA_01C19C29.2BBD4120 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Here's a good way to look at the relative performance of the = markets since=20 key dates:
 
I like to see these in bar chart view, but you can use line charts = as well,=20 as both are available:
 
Look at comparisons from key dates to Friday's close = (1/11/02):
 
Bull market top: 3/21/2001 (202 days)
Latest market peak: 5/21/2001 (160 days)
Follow-thru day: 9/28/2001 (73 days)
 
This will give you a comparison between Russell 2000 (small cap), = MidCap,=20 Large Cap, Naz100 (large cap tech), Dow and total market proxies:
http://stockcharts.com/webcgi/wb.exe?Perf.web+IWM,MDY,QQQ,DIA,IYY
There is a bar at the bottom of the chart that you can stretch to = the days=20 right and left that you want to consider once the chart is built. Roll = your=20 cursor over the chart and the key information for each index will pop = up.
 
This will give you a comparison between styles Sm Cap Growth, Mid = Cap=20 Growth, Lg Cap Growth,Sm Cap Val, Mid Cap Val, Lg Cap Val. Again, run = these from=20 the key date until today and you will be able to make your own = conclusions about=20 growth/value.
http://stockcharts.com/webcgi/wb.exe?Perf.web+IJT,IJK,IVW,IJS,IJJ,I= VE
 
For a more general comparison between growth, value, total market,=20 try:
http:/= /stockcharts.com/webcgi/wb.exe?Perf.web+IWZ,IWW,IYY
 
Katherine
----- Original Message -----
From:=20 Ann=20
Sent: Sunday, January 13, 2002 = 12:05=20 PM
Subject: Re: [CANSLIM] market=20 direction/EFTs

Thanks for your response, Andreas. I think I see what = you are=20 saying.
I invested in a SmallCap EFT recently, and was wondering = whether I=20 should
have!
----- Original Message -----
From: "Andreas = Himmelreich"=20 <judgejimmy@web.de>
To: = <canslim@lists.xmission.com= >
Sent:=20 Sunday, January 13, 2002 12:27 PM
Subject: AW: [CANSLIM] market=20 direction


: You do not have to buy stocks with high PEs. = Just go=20 into value and growth
and
: let the BOs of ultra High PE stocks=20 fail.
:
: David Ryan says in Market Wizards that the PE (or the = Value)=20 is important
(even Won does not say it) for
: the probabillity = of a good=20 breakout.
:
: I do belive that the market right now = differenciates, its=20 not a nutty bull
market like in the 90s where
: everything went = up, no=20 matter its fundamentals (in some stages of the = bull
market).
:
: But=20 the market is not so bad, that it sends down all stocks, = it
differenciates,=20 thats all...
:
: I do actually not care about the market = direction too=20 much. The only
question that is interesting:
: Is there an area = which is=20 profitable? (so far only on the long side) There
where 100000s of = long=20 chances even in 2000 and 2001.
:
: Are there Industry Groups = that set up=20 a bull market for its member stocks?
If yes, money is around the = corner.=20 Pick it up and ride it.
: Just look at stuff like TARO, MDCI, AHMH, = BZH in=20 2001...
:
: December was pretty much flat on the Indexes, but it = was a=20 great month for
a lot of canslim stocks.
:
: I acutally would = like it=20 if the Nasdaq would be still on 2000 Points at
the end of the year, = as=20 long
: fundamentally sound stocks go up and grap goes = down.
:
: The=20 only moment you have to be aware of is the moment gets so bad, = that
nothing=20 works, every Industry Group
: goes down pricewise, everything rolls = over,=20 no matter how good the
fundamentals of the stocks. Then and only = then
:=20 it is time to get flat. In 2001 that was from August to the beginning=20 of
October.
:
: Sorry to be so opinionated.
:
:=20 Andreas
:
:
: > -----Ursprungliche Nachricht-----
: = > Von:=20 rolf hertenstein [SMTP:rolfh@mindspring.com]
: > Gesendet am: = Sunday,=20 January 13, 2002 5:54 PM
: > An: canslim@lists.xmission.com=
:=20 > Betreff: Re: [CANSLIM] market direction
: >
: > I'm = still=20 concerned about the overall market valuation, which = remains
high.
: >=20 Yes, as earnings improve, market P/Es should lower, assuming = prices
: >=20 don't accelerate faster than earnings improve.
: >
: > = Even though=20 WON gives little credence to P/Es, I'm adding a P
: > (CANSLIMP = ?) for=20 the time being.  I think many investors will be spooked
: > = by high=20 P/Es (e.g., KKD) and tend towards solid companies = with
relatively
: >=20 low P/Es.  Just one new investor's opinion.
: >
: = > =20 Rolf
: >
: > ----- Original Message -----
: > From: = "Dan=20 Forant" <dforant1@nycap.rr.com>
: = >=20 To: <canslim@lists.xmission.com= >
:=20 > Sent: Sunday, January 13, 2002 9:31 AM
: > Subject: Re: = [CANSLIM]=20 market direction
: >
: >
: > > I have been saying = all=20 along this is going to be a sloooooooowwwww,
: > > recovery. = Well=20 into the year. All we have to do is *read* the news. I
: > = listen
:=20 > > to a local analyst here named Larry King, he's with Smith = Barney.=20 A
few
: > > weeks ago he was calling for a quick market = return.=20 Just Friday he
changed
: > > course and now calls for = growth but=20 very slow. Analysts jobs from
: > brokerage
: > > = houses are to=20 soften the tone of bad news. They can even make it sound
: > = good.
:=20 > > Sure there are stocks out there that the savvy trader may = pick, but=20 on
: > > average not. It takes months to years for rate and = tax cuts=20 to filter
into
: > > the economy.
: > >
: > = >=20 DanF
: > >
: > >
: > > ----- Original = Message=20 -----
: > > From: "Kent Norman" <kent_norman@yahoo.com>
: = >=20 > To: "CANSLIM" <canslim@xmission.com>
: = > >=20 Sent: Sunday, January 13, 2002 10:11 AM
: > > Subject: = [CANSLIM]=20 market direction
: > >
: > >
: > > > = Many=20 "experts" are expecting the market to follow
: > > > = tradition and=20 rise in January and go flat to down for
: > > > a few = months. Do=20 you think this weeks 5 down days are
: > > > = meaningful?
: >=20 > >
: > > > I know WON says we don't need to be = concerned=20 with
: > > > where the market is heading, just where it = is.
:=20 > > >
: > > > So where is it? Is the party over? = Should=20 we all get
: > > > out of the pool?
: > > = >
: >=20 > > Kent Norman
: > > >
: > > >
: = > >=20 > =3D=3D=3D=3D=3D
: > > > Opportunities always look = bigger going than=20 coming.
: > > >
: > > >=20 __________________________________________________
: > > > = Do You=20 Yahoo!?
: > > > Send FREE video emails in Yahoo! = Mail!
: >=20 > > http://promo.yahoo.com/videoma= il/
:=20 > > >
: > > > -
: > > > -To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
: = >=20 > > -In the email body, write "subscribe canslim" or
: > = > >=20 -"unsubscribe canslim".  Do not use quotes in your email.
: = > >=20 >
: > >
: > >
: > > -
: > > -To = subscribe/unsubscribe, email "majordomo@xmission.com"
: = >=20 > -In the email body, write "subscribe canslim" or
: > >=20 -"unsubscribe canslim".  Do not use quotes in your email.
: = >=20 >
: >
: >
: > -
: > -To = subscribe/unsubscribe,=20 email "majordomo@xmission.com"
: = > -In=20 the email body, write "subscribe canslim" or
: > -"unsubscribe=20 canslim".  Do not use quotes in your email.
:
: -
: -To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
: = -In the=20 email body, write "subscribe canslim" or
: -"unsubscribe = canslim".  Do=20 not use quotes in your email.
:


-
-To = subscribe/unsubscribe,=20 email "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your email. ------=_NextPart_000_00CA_01C19C29.2BBD4120-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] market direction Date: 13 Jan 2002 12:08:33 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_00EC_01C19C2B.05C04CE0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable One of the things that the CANSLIM method looks for is an = "overextension" of the PE from the time of breakout to a "possible" top. = The rule of thumb is to take the trailing PE at the time of breakout and = add 121%. Then, using estimated EPS, calculate a target price based on = this target PE. (important point to remember is that the target PE is = based on *forward* growth/EPS estimates and is therefore a forward PE) These numbers are from an IBD example: Example: Current trailing PE =3D 34. Forward EPS $1.10/share.=20 Target PE =3D 34 + (121% * 34) =3D 75.14 Target Price/$1.10 =3D 75.14 Target Price =3D $82.65 The interesting thing is that if the estimated earnings are raised, = the target forward PE would remain the same, but the target *price* = would move up. (or vice versa, of course) IBD numbers say that the = average PE of a growth stock at breakout is near 50. That means = "overextension" target PEs would be, on average, anything > 110.5. = (remember, not trailing PEs, forward PEs) One strategy would be to look for trailing PEs <=3D50ish and compare = to forward PEs to see if the growth stocks are in range. Katherine ----- Original Message -----=20 From: rolf hertenstein=20 To: canslim@lists.xmission.com=20 Sent: Sunday, January 13, 2002 12:14 PM Subject: Re: [CANSLIM] market direction Nothing to be sorry about! I'm here to learn from people's opinions. My take on 'value and/or growth' (from Ann's question). I always = thought of growth as growth in earnings, sales, etc. So the trick is to find = low P/E stocks with fast growth, which is the same as the low PEG ratio = someone else mentioned. WON worry about growth and not P/E - not sure I ever bought that concept completely, especially now. Rolf > > Sorry to be so opinionated. > > Andreas > > > > -----Ursprungliche Nachricht----- > > Von: rolf hertenstein [SMTP:rolfh@mindspring.com] > > Gesendet am: Sunday, January 13, 2002 5:54 PM > > An: canslim@lists.xmission.com > > Betreff: Re: [CANSLIM] market direction > > > > I'm still concerned about the overall market valuation, which = remains high. > > Yes, as earnings improve, market P/Es should lower, assuming = prices > > don't accelerate faster than earnings improve. > > > > Even though WON gives little credence to P/Es, I'm adding a P > > (CANSLIMP ?) for the time being. I think many investors will be = spooked > > by high P/Es (e.g., KKD) and tend towards solid companies with relatively > > low P/Es. Just one new investor's opinion. > > > > Rolf > > > > ----- Original Message ----- > > From: "Dan Forant" > > To: > > Sent: Sunday, January 13, 2002 9:31 AM > > Subject: Re: [CANSLIM] market direction > > > > > > > I have been saying all along this is going to be a = sloooooooowwwww, > > > recovery. Well into the year. All we have to do is *read* the = news. I > > listen > > > to a local analyst here named Larry King, he's with Smith = Barney. A few > > > weeks ago he was calling for a quick market return. Just Friday = he changed > > > course and now calls for growth but very slow. Analysts jobs = from > > brokerage > > > houses are to soften the tone of bad news. They can even make it = sound > > good. > > > Sure there are stocks out there that the savvy trader may pick, = but on > > > average not. It takes months to years for rate and tax cuts to = filter into > > > the economy. > > > > > > DanF > > > > > > > > > ----- Original Message ----- > > > From: "Kent Norman" > > > To: "CANSLIM" > > > Sent: Sunday, January 13, 2002 10:11 AM > > > Subject: [CANSLIM] market direction > > > > > > > > > > Many "experts" are expecting the market to follow > > > > tradition and rise in January and go flat to down for > > > > a few months. Do you think this weeks 5 down days are > > > > meaningful? > > > > > > > > I know WON says we don't need to be concerned with > > > > where the market is heading, just where it is. > > > > > > > > So where is it? Is the party over? Should we all get > > > > out of the pool? > > > > > > > > Kent Norman > > > > > > > > > > > > =3D=3D=3D=3D=3D > > > > Opportunities always look bigger going than coming. > > > > > > > > __________________________________________________ > > > > Do You Yahoo!? > > > > Send FREE video emails in Yahoo! Mail! > > > > http://promo.yahoo.com/videomail/ > > > > > > > > - > > > > -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. > > - > -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. ------=_NextPart_000_00EC_01C19C2B.05C04CE0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
One of the things that the CANSLIM method looks for is an = "overextension"=20 of the PE from the time of breakout to a "possible" top. The rule of = thumb is to=20 take the trailing PE at the time of breakout and add 121%. Then, using = estimated=20 EPS, calculate a target price based on this target PE. (important point = to=20 remember is that the target PE is based on *forward* growth/EPS = estimates and is=20 therefore a forward PE)
 
These numbers are from an IBD example:
Example: Current trailing PE =3D 34. Forward EPS $1.10/share. =
Target PE =3D 34 + (121% * 34) =3D 75.14
Target Price/$1.10 =3D 75.14
Target Price =3D $82.65
 
The interesting thing is that if the estimated earnings are = raised, the=20 target forward PE  would remain the same, but the target *price* = would=20 move up. (or vice versa, of course) IBD numbers say that the average = PE of a=20 growth stock at breakout is near 50. That means "overextension" target = PEs=20 would be, on average, anything > 110.5. (remember, not trailing = PEs,=20 forward PEs)
 
One strategy would be to look for trailing PEs <=3D50ish and = compare to=20 forward PEs to see if the growth stocks are in range.
 
Katherine
 
----- Original Message -----
From:=20 rolf=20 hertenstein
Sent: Sunday, January 13, 2002 = 12:14=20 PM
Subject: Re: [CANSLIM] market=20 direction

Nothing to be sorry about!  I'm here to learn from = people's opinions.

My take on 'value and/or growth' (from Ann's = question).  I always thought
of growth as growth in earnings, = sales,=20 etc.  So the trick is to find low
P/E
stocks with fast = growth,=20 which is the same as the low PEG ratio someone
else = mentioned.  WON=20 worry about growth and not P/E - not sure I ever
bought that = concept=20 completely, especially now.

 Rolf

>
> = Sorry to be=20 so opinionated.
>
> Andreas
>
>
> >=20 -----Ursprungliche Nachricht-----
> > Von: rolf hertenstein=20 [SMTP:rolfh@mindspring.com]
> > Gesendet am: Sunday, January = 13, 2002=20 5:54 PM
> > An: canslim@lists.xmission.com=
>=20 > Betreff: Re: [CANSLIM] market direction
> >
> > = I'm=20 still concerned about the overall market valuation, which=20 remains
high.
> > Yes, as earnings improve, market P/Es = should=20 lower, assuming prices
> > don't accelerate faster than = earnings=20 improve.
> >
> > Even though WON gives little = credence to=20 P/Es, I'm adding a P
> > (CANSLIMP ?) for the time = being.  I=20 think many investors will be spooked
> > by high P/Es (e.g., = KKD) and=20 tend towards solid companies with
relatively
> > low = P/Es. =20 Just one new investor's opinion.
> >
> >  = Rolf
>=20 >
> > ----- Original Message -----
> > From: "Dan = Forant"=20 <dforant1@nycap.rr.com>
&g= t; >=20 To: <canslim@lists.xmission.com= >
>=20 > Sent: Sunday, January 13, 2002 9:31 AM
> > Subject: Re:=20 [CANSLIM] market direction
> >
> >
> > > = I have=20 been saying all along this is going to be a sloooooooowwwww,
> = > >=20 recovery. Well into the year. All we have to do is *read* the news. = I
>=20 > listen
> > > to a local analyst here named Larry = King, he's=20 with Smith Barney. A
few
> > > weeks ago he was calling = for a=20 quick market return. Just Friday he
changed
> > > = course and=20 now calls for growth but very slow. Analysts jobs from
> >=20 brokerage
> > > houses are to soften the tone of bad news. = They=20 can even make it sound
> > good.
> > > Sure there = are=20 stocks out there that the savvy trader may pick, but on
> > = >=20 average not. It takes months to years for rate and tax cuts to=20 filter
into
> > > the economy.
> > = >
> >=20 > DanF
> > >
> > >
> > > ----- = Original=20 Message -----
> > > From: "Kent Norman" <kent_norman@yahoo.com>
&g= t; >=20 > To: "CANSLIM" <canslim@xmission.com>
>= >=20 > Sent: Sunday, January 13, 2002 10:11 AM
> > > = [CANSLIM] market direction
> > >
> > >
> = >=20 > > Many "experts" are expecting the market to follow
> = > >=20 > tradition and rise in January and go flat to down for
> = > >=20 > a few months. Do you think this weeks 5 down days are
> = > >=20 > meaningful?
> > > >
> > > > I know = WON says=20 we don't need to be concerned with
> > > > where the = market is=20 heading, just where it is.
> > > >
> > > = > So=20 where is it? Is the party over? Should we all get
> > > = > out=20 of the pool?
> > > >
> > > > Kent = Norman
>=20 > > >
> > > >
> > > > = =3D=3D=3D=3D=3D
>=20 > > > Opportunities always look bigger going than = coming.
>=20 > > >
> > > >=20 __________________________________________________
> > > = > Do=20 You Yahoo!?
> > > > Send FREE video emails in Yahoo!=20 Mail!
> > > > http://promo.yahoo.com/videoma= il/
>=20 > > >
> > > > -
> > > > -To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
>= ; >=20 > > -In the email body, write "subscribe canslim" or
> = > >=20 > -"unsubscribe canslim".  Do not use quotes in your = email.
>=20 > > >
> > >
> > >
> > > = -
>=20 > > -To subscribe/unsubscribe, email "majordomo@xmission.com"
>= ; >=20 > -In the email body, write "subscribe canslim" or
> > = >=20 -"unsubscribe canslim".  Do not use quotes in your email.
> = >=20 >
> >
> >
> > -
> > -To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
>= ; >=20 -In the email body, write "subscribe canslim" or
> > = -"unsubscribe=20 canslim".  Do not use quotes in your email.
>
> = -
> -To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
>= ; -In=20 the email body, write "subscribe canslim" or
> -"unsubscribe=20 canslim".  Do not use quotes in your = email.
>


-
-To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your email. ------=_NextPart_000_00EC_01C19C2B.05C04CE0-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Spencer48@aol.com Subject: Re: [CANSLIM] Opinions on KKD? Date: 13 Jan 2002 15:28:46 EST Rolf: I've had trouble identifying relevant bases in the stock's past because I never understood that WON gave a precise definition of 3rd, 4th or 5th stage bases. According to Friday's 1/11/02 Investors Corner (which I'm basing my analysis of KKD on), KKD is in the throes of its 3rd base (I suppose that one can see weakness in the stock in this type of pattern- afterwards-because if the stock is basing for the 3 or 4th time, then it will likely be an LLUR. And-and as I understood Tom pointing out-once the LLUR changes it's angle, it is likely topping out (this would make it consistent with WON's admonition to avoid stocks with 4th or 5th stage bases). The salient passages of the Investors Corner article for me was this: "... A stock need rise only 25% or more from its pivot to trigger a new-stage base above it. As long as the new base doesn't undercut the lows of the prior consolidation, add another checkmark to your list of bases. Few stocks ever get to form late-stage bases. Only the best can break out of well-formed bases again and again, stacking gains on top of gains." My view of KKD and the bases it has formed comes from DG (the daily version. I imagine that day bases would affect the stock more in the short-term, and weekly bases would affect the stock more in the intermediate-to-long term). Anyway, these are the bases that I see: 1st Base: 10/23-11/1; 2nd Base: 11/20-1129; 3rd Base: Began 12/28. As far as differentiating between "a sloppy base" and those that aren't, I don't know how this can be done-except afterwards, and with a lot of subjectivity. I must admit, though, the Investor Corner definition would make it appear that long cups (with a right LLUR leg that leads to a right lip) would make the Handle of this C&H suspect. So,then, one wonders if this means that an LLUR which leads to the Handle of a Long Cup can be disregarded as pointing to a potentially weak stock-if the LLUR has 3rd, 4th, or 5th stage bases (and, I would think that nearly ALL LLURs are subject to these bases, which I would call: Corrections or Retracements. Thus, when does a new base count begin: When the stock has Broken Out of its Handle? jans In a message dated 1/13/2002 8:44:39 AM Eastern Standard Time, rolfh@mindspring.com writes: << For my edification, could you tell me the period in which you see the 3 bases? Depending on whether I look at 6 month, 1 year, or 2 year charts, I see a variety of what I might call a base, some sloppy, some not. Thanks! Rolf >> - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Spencer48@aol.com Subject: Re: [CANSLIM] Opinions on KKD 2? Date: 13 Jan 2002 15:49:20 EST Rolf: After sending my most recent "Opinions on KKD" I looked back at the Investors Corner article (because it was really bothering me how IBD could say-on the one hand-to watch out for stocks with late stage bases, and-on the other hand-to tout stocks which break-out from C&H patterns (because, as I saw it, many of the stocks that form this pattern must have LLUR's on their right legs-which makes each one suspect if they go into normal corrections or retracements). However, as I said, I re-read Investors Corner. I believe the significant point is that Investors Corner says that "...A stock need rise only 25% or more from its PIVOT to trigger a new-stage base above it." On its first two bases KKD never got up to the 25% point. KKD rose, respectively, from it PP in the 1st and 2nd stage bases: 5% and 15%. Therefore, my entire analysis of KKD in my original E-mail is wrong. There has not been any late stage bases in KKD yet (during the right leg's up in this C&H formation). KKD won't get to the 25% cut off point until it reaches approximately 50 (as I see it, the right lip was 10/23 at 39.9). So, as I see it, there have been bases (aka.-in my view-corrections and retracements), but there HAVE NOT been any late stage bases! jans In a message dated 1/13/2002 8:44:39 AM Eastern Standard Time, rolfh@mindspring.com writes: << For my edification, could you tell me the period in which you see the 3 bases? Depending on whether I look at 6 month, 1 year, or 2 year charts, I see a variety of what I might call a base, some sloppy, some not. Thanks! Rolf >> - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] market direction Date: 13 Jan 2002 15:54:22 -0500 One minor but important correction, Rolfh, WON doesn't care about trailing PE ratios, but cares very much about projected PE ratios. A high projected PE won't worry him if it reflects an expectation of strong earnings growth going forward. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message ----- Sent: Sunday, January 13, 2002 11:54 AM > I'm still concerned about the overall market valuation, which remains high. > Yes, as earnings improve, market P/Es should lower, assuming prices > don't accelerate faster than earnings improve. > > Even though WON gives little credence to P/Es, I'm adding a P > (CANSLIMP ?) for the time being. I think many investors will be spooked > by high P/Es (e.g., KKD) and tend towards solid companies with relatively > low P/Es. Just one new investor's opinion. > > Rolf > > ----- Original Message ----- > From: "Dan Forant" > To: > Sent: Sunday, January 13, 2002 9:31 AM > Subject: Re: [CANSLIM] market direction > > > > I have been saying all along this is going to be a sloooooooowwwww, > > recovery. Well into the year. All we have to do is *read* the news. I > listen > > to a local analyst here named Larry King, he's with Smith Barney. A few > > weeks ago he was calling for a quick market return. Just Friday he changed > > course and now calls for growth but very slow. Analysts jobs from > brokerage > > houses are to soften the tone of bad news. They can even make it sound > good. > > Sure there are stocks out there that the savvy trader may pick, but on > > average not. It takes months to years for rate and tax cuts to filter into > > the economy. > > > > DanF > > > > > > ----- Original Message ----- > > From: "Kent Norman" > > To: "CANSLIM" > > Sent: Sunday, January 13, 2002 10:11 AM > > Subject: [CANSLIM] market direction > > > > > > > Many "experts" are expecting the market to follow > > > tradition and rise in January and go flat to down for > > > a few months. Do you think this weeks 5 down days are > > > meaningful? > > > > > > I know WON says we don't need to be concerned with > > > where the market is heading, just where it is. > > > > > > So where is it? Is the party over? Should we all get > > > out of the pool? > > > > > > Kent Norman > > > > > > > > > ===== > > > Opportunities always look bigger going than coming. > > > > > > __________________________________________________ > > > Do You Yahoo!? > > > Send FREE video emails in Yahoo! Mail! > > > http://promo.yahoo.com/videomail/ > > > > > > - > > > -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. > > - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Spencer48@aol.com Subject: Re: [CANSLIM] CHBS ??? Date: 13 Jan 2002 16:10:17 EST Kavi: I would just like to add to Tom's analysis. WON says some stocks (approximately 40%) fail their BO, retrace and then go on to new highs (eg. A base on a base, or a 2nd stage base, which reflects weakness of the market), after shaking out the weak hands one more time. CHBS has not gone below the BO point, and its retracement is on lower volume. What it will do in the future I have no idea, but as Tom notes: Its fundamentals are nice, including ROE which is a whopping 48%! The only bad I see is that the RS line didn't top the previous RS point even though the stock went up a couple points. The retracement now may be reflecting that weakness. Overall, I would put it in my Watchlist. Thanks for pointing it out. Also, although belated, I want to add my congratulations to Tom. I overlooked Smart Investor last Thursday, until someone in this group pointed out that Tom had been profiled. From what I read it was a non-invidious profile, at that. Again, Congrats, Tom. It's nice to put a picture with the words. And-by the way-recognition for what you do for this Canslim forum has been long overdue! jans In a message dated 1/13/2002 9:33:53 AM Eastern Standard Time, stkguru@netside.net writes: << Hi Kavi, and welcome to the group. Many members here (lurkers and contributors) are new to either or both of investing or CANSLIM, so feel at home. I note that earnings and sales growth are both consistent and strong, as are the forecasts for both current year ending next month, and the following year. Industry group also an "A". Chartwise, appears to me that the breakout on 12/21 has failed, and the stock is declining to support around the sub $30 level, if it can hold there. I personally don't buy this industry groups, as I cannot keep up with fashion trends. And that makes such a big difference in the various Retail/Apparel groups (witness GPS as just one example). CANSLIM elements right now appear very strong, future of the group or this stock less certain in my mind. But with the apparent failed b/o, I would be inclined to avoid it. Tom Worley stkguru@netside.ne >> - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] Opinions on KKD? Date: 13 Jan 2002 16:13:05 -0500 I am not sure if I follow the logic of your reasoning, but one area where you may be confusing yourself, and other members, is trying to combine a LLUR pattern with a c&h pattern. They are not compatible. A good LLUR pattern is not a short term pattern, rather it is best measured over a period of one year or longer. Beginning patterns can be recognized over shorter patterns, but they are higher risk because they are immature. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message ----- Sent: Sunday, January 13, 2002 3:28 PM > Rolf: > > I've had trouble identifying relevant bases in the stock's past because > I never understood that WON gave a precise definition of 3rd, 4th or 5th > stage bases. > > According to Friday's 1/11/02 Investors Corner (which I'm basing my > analysis of KKD on), KKD is in the throes of its 3rd base (I suppose that one > can see weakness in the stock in this type of pattern- afterwards-because if > the stock is basing for the 3 or 4th time, then it will likely be an LLUR. > And-and as I understood Tom pointing out-once the LLUR changes it's angle, it > is likely topping out (this would make it consistent with WON's admonition to > avoid stocks with 4th or 5th stage bases). > > The salient passages of the Investors Corner article for me was this: > "... A stock need rise only 25% or more from its pivot to trigger a new-stage > base above it. As long as the new base doesn't undercut the lows of the prior > consolidation, add another checkmark to your list of bases. Few stocks ever > get to form late-stage bases. Only the best can break out of well-formed > bases again and again, stacking gains on top of gains." > > My view of KKD and the bases it has formed comes from DG (the daily > version. I imagine that day bases would affect the stock more in the > short-term, and weekly bases would affect the stock more in the > intermediate-to-long term). Anyway, these are the bases that I see: 1st > Base: 10/23-11/1; 2nd Base: 11/20-1129; 3rd Base: Began 12/28. As far as > differentiating between "a sloppy base" and those that aren't, I don't know > how this can be done-except afterwards, and with a lot of subjectivity. I > must admit, though, the Investor Corner definition would make it appear that > long cups (with a right LLUR leg that leads to a right lip) would make the > Handle of this C&H suspect. So,then, one wonders if this means that an LLUR > which leads to the Handle of a Long Cup can be disregarded as pointing to a > potentially weak stock-if the LLUR has 3rd, 4th, or 5th stage bases (and, I > would think that nearly ALL LLURs are subject to these bases, which I would > call: Corrections or Retracements. Thus, when does a new base count begin: > When the stock has Broken Out of its Handle? > > jans > > > In a message dated 1/13/2002 8:44:39 AM Eastern Standard Time, > rolfh@mindspring.com writes: > > << For my edification, could you tell me the period in which you see the 3 > bases? > Depending on whether I look at 6 month, 1 year, or 2 year charts, I see > a variety of what I might call a base, some sloppy, some not. > > Thanks! > Rolf > >> > > - > -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. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] market direction Date: 13 Jan 2002 16:15:37 -0500 Historically, the rising pattern usually lasts to the end of February, after that profit taking sets in, then we hit the summer doldrums when everyone is on vacation. Since none of the indexes broke important support levels, but only encountered predictable resistance, I see little significance to the prior week. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message ----- Sent: Sunday, January 13, 2002 10:11 AM > Many "experts" are expecting the market to follow > tradition and rise in January and go flat to down for > a few months. Do you think this weeks 5 down days are > meaningful? > > I know WON says we don't need to be concerned with > where the market is heading, just where it is. > > So where is it? Is the party over? Should we all get > out of the pool? > > Kent Norman > > > ===== > Opportunities always look bigger going than coming. > > __________________________________________________ > Do You Yahoo!? > Send FREE video emails in Yahoo! Mail! > http://promo.yahoo.com/videomail/ > > - > -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. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] Opinions on KKD? Date: 13 Jan 2002 15:16:56 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_0027_01C19C45.56D59940 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi all, Here's the summary page from the IBD seminar on analysis of tops. It = shows the typical pattern of 1st, 2nd, 3rd stage bases before failure. http://makeashorterlink.com/?U11123B4 I think jans pointed this out a minute ago, but be careful to = distinguish between normal "wiggles" on the ascent up and a "true" base = where the stock pauses, consolidates its prior up move and then breaks = out to a fresh advance. Also remember that big corrections reset the = base count. Katherine ----- Original Message -----=20 From: Spencer48@aol.com=20 To: canslim@lists.xmission.com=20 Sent: Sunday, January 13, 2002 2:28 PM Subject: Re: [CANSLIM] Opinions on KKD? Rolf: I've had trouble identifying relevant bases in the stock's past = because=20 I never understood that WON gave a precise definition of 3rd, 4th or = 5th=20 stage bases. =20 According to Friday's 1/11/02 Investors Corner (which I'm basing = my=20 analysis of KKD on), KKD is in the throes of its 3rd base (I suppose = that one=20 can see weakness in the stock in this type of pattern- = afterwards-because if=20 the stock is basing for the 3 or 4th time, then it will likely be an = LLUR. =20 And-and as I understood Tom pointing out-once the LLUR changes it's = angle, it=20 is likely topping out (this would make it consistent with WON's = admonition to=20 avoid stocks with 4th or 5th stage bases). =20 =20 The salient passages of the Investors Corner article for me was = this:=20 "... A stock need rise only 25% or more from its pivot to trigger a = new-stage=20 base above it. As long as the new base doesn't undercut the lows of = the prior=20 consolidation, add another checkmark to your list of bases. Few stocks = ever=20 get to form late-stage bases. Only the best can break out of = well-formed=20 bases again and again, stacking gains on top of gains." My view of KKD and the bases it has formed comes from DG (the = daily=20 version. I imagine that day bases would affect the stock more in the=20 short-term, and weekly bases would affect the stock more in the=20 intermediate-to-long term). Anyway, these are the bases that I see: = 1st=20 Base: 10/23-11/1; 2nd Base: 11/20-1129; 3rd Base: Began 12/28. As far = as=20 differentiating between "a sloppy base" and those that aren't, I don't = know=20 how this can be done-except afterwards, and with a lot of = subjectivity. I=20 must admit, though, the Investor Corner definition would make it = appear that=20 long cups (with a right LLUR leg that leads to a right lip) would make = the=20 Handle of this C&H suspect. So,then, one wonders if this means that = an LLUR=20 which leads to the Handle of a Long Cup can be disregarded as pointing = to a=20 potentially weak stock-if the LLUR has 3rd, 4th, or 5th stage bases = (and, I=20 would think that nearly ALL LLURs are subject to these bases, which I = would=20 call: Corrections or Retracements. Thus, when does a new base count = begin: =20 When the stock has Broken Out of its Handle? jans In a message dated 1/13/2002 8:44:39 AM Eastern Standard Time,=20 rolfh@mindspring.com writes: << For my edification, could you tell me the period in which you see = the 3 bases? Depending on whether I look at 6 month, 1 year, or 2 year charts, I = see a variety of what I might call a base, some sloppy, some not. =20 Thanks! Rolf >> - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------=_NextPart_000_0027_01C19C45.56D59940 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Hi all,
 
Here's the summary page from the IBD seminar on analysis of tops. = It shows=20 the typical pattern of 1st, 2nd, 3rd stage bases before failure.
 
http://makeashorterlink.co= m/?U11123B4
 
I think jans pointed this out a minute ago, but be careful to = distinguish=20 between normal "wiggles" on the ascent up and a "true" base where the = stock=20 pauses, consolidates its prior up move and then breaks out to a=20 fresh advance. Also remember that big corrections reset the base=20 count.
 
Katherine
----- Original Message -----
From:=20 Spencer48@aol.com
Sent: Sunday, January 13, 2002 = 2:28=20 PM
Subject: Re: [CANSLIM] Opinions = on=20 KKD?

Rolf:

     I've had trouble=20 identifying relevant bases in the stock's past because
I never = understood=20 that WON gave a precise definition of 3rd, 4th or 5th
stage = bases. =20

     According to Friday's 1/11/02 = Investors=20 Corner (which I'm basing my
analysis of KKD on), KKD is in the = throes of=20 its 3rd base (I suppose that one
can see weakness in the stock in = this=20 type of pattern- afterwards-because if
the stock is basing for the = 3 or=20 4th time, then it will likely be an LLUR. 
And-and as I = understood=20 Tom pointing out-once the LLUR changes it's angle, it
is likely = topping=20 out (this would make it consistent with WON's admonition to
avoid = stocks=20 with 4th or 5th stage bases). 
    =20
     The salient passages of the Investors = Corner=20 article for me was this:
"... A stock need rise only 25% or more = from its=20 pivot to trigger a new-stage
base above it. As long as the new = base=20 doesn't undercut the lows of the prior
consolidation, add another=20 checkmark to your list of bases. Few stocks ever
get to form = late-stage=20 bases. Only the best can break out of well-formed
bases again and = again,=20 stacking gains on top of gains."

     My = view of=20 KKD and the bases it has formed comes from DG (the daily =
version.  I=20 imagine that day bases would affect the stock more in the =
short-term, and=20 weekly bases would affect the stock more in the =
intermediate-to-long=20 term).  Anyway, these are the bases that I see:  1st =
Base:=20 10/23-11/1; 2nd Base: 11/20-1129; 3rd Base: Began 12/28.  As far = as=20
differentiating between "a sloppy base" and those that aren't, I = don't=20 know
how this can be done-except afterwards, and with a lot of=20 subjectivity.  I
must admit, though, the Investor Corner = definition=20 would make it appear that
long cups (with a right LLUR leg that = leads to a=20 right lip) would make the
Handle of this C&H suspect.  = So,then,=20 one wonders if this means that an LLUR
which leads to the Handle = of a Long=20 Cup can be disregarded as pointing to a
potentially weak stock-if = the LLUR=20 has 3rd, 4th, or 5th stage bases (and, I
would think that nearly = ALL LLURs=20 are subject to these bases, which I would
call: Corrections or=20 Retracements.   Thus, when does a new base count = begin: =20
When the stock has Broken Out of its = Handle?

jans


In a=20 message dated 1/13/2002 8:44:39 AM Eastern Standard Time,
rolfh@mindspring.com=20 writes:

<< For my edification, could you tell me the = period in=20 which you see the 3
 bases?
 Depending on whether I = look at 6=20 month, 1 year, or 2 year charts, I see
 a variety of what I = might call=20 a base, some sloppy, some = not.
 
 Thanks!
  =20 Rolf
  >>

-
-To subscribe/unsubscribe, email = "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your email. ------=_NextPart_000_0027_01C19C45.56D59940-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] market direction Date: 13 Jan 2002 16:18:44 -0500 Ann, for me the distinction is quite simple. Growth stocks are those with strong earnings forecasts that are also at or close to 12 month highs. Value stocks are those with similar growth forecasts, but way below their 12 month high and perceived to be "oversold" (hence the "value" aspect). During December I saw a shift of money in the small caps from growth to value. In the past two weeks, I saw this pattern reverse, and the growth small caps start performing well again. Hopefully (for me at least) we are now completing the transition back into growth. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message ----- Sent: Sunday, January 13, 2002 12:05 PM > Andreas and all: > > How can it be a good M for value and growth stocks at the same time? > > Ann > Slowly learning > > > : I was able to make good money this week, right now for me the market is in > a neutral mood. > : It is a stock picker market, smal to mid cap value and growth (at the same > time) like in Stocks > : like DFXI, TTIL etc. are in good shape. > : > : > > > - > -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. ------------------------------------------------------------------------------- From: "Ann" Subject: Re: [CANSLIM] market direction/EFTs Date: 13 Jan 2002 16:41:15 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_0099_01C19C51.1E511980 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Thank you Rolf, Tom, Andreas, Katherine for your ideas. I have so much = to learn! I don't know where I got the idea that if the M is strong for = value stocks, it's weak for growth stocks, and v.v. Ann ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Sunday, January 13, 2002 12:55 PM Subject: Re: [CANSLIM] market direction/EFTs Here's a good way to look at the relative performance of the markets = since key dates: I like to see these in bar chart view, but you can use line charts as = well, as both are available: Look at comparisons from key dates to Friday's close (1/11/02): Bull market top: 3/21/2001 (202 days) Latest market peak: 5/21/2001 (160 days) Follow-thru day: 9/28/2001 (73 days) This will give you a comparison between Russell 2000 (small cap), = MidCap, Large Cap, Naz100 (large cap tech), Dow and total market = proxies: http://stockcharts.com/webcgi/wb.exe?Perf.web+IWM,MDY,QQQ,DIA,IYY There is a bar at the bottom of the chart that you can stretch to the = days right and left that you want to consider once the chart is built. = Roll your cursor over the chart and the key information for each index = will pop up. This will give you a comparison between styles Sm Cap Growth, Mid Cap = Growth, Lg Cap Growth,Sm Cap Val, Mid Cap Val, Lg Cap Val. Again, run = these from the key date until today and you will be able to make your = own conclusions about growth/value. http://stockcharts.com/webcgi/wb.exe?Perf.web+IJT,IJK,IVW,IJS,IJJ,IVE For a more general comparison between growth, value, total market, = try: http://stockcharts.com/webcgi/wb.exe?Perf.web+IWZ,IWW,IYY Katherine ----- Original Message -----=20 From: Ann=20 To: canslim@lists.xmission.com=20 Sent: Sunday, January 13, 2002 12:05 PM Subject: Re: [CANSLIM] market direction/EFTs Thanks for your response, Andreas. I think I see what you are = saying. I invested in a SmallCap EFT recently, and was wondering whether I = should have! ----- Original Message ----- From: "Andreas Himmelreich" To: Sent: Sunday, January 13, 2002 12:27 PM Subject: AW: [CANSLIM] market direction : You do not have to buy stocks with high PEs. Just go into value = and growth and : let the BOs of ultra High PE stocks fail. : : David Ryan says in Market Wizards that the PE (or the Value) is = important (even Won does not say it) for : the probabillity of a good breakout. : : I do belive that the market right now differenciates, its not a = nutty bull market like in the 90s where : everything went up, no matter its fundamentals (in some stages of = the bull market). : : But the market is not so bad, that it sends down all stocks, it differenciates, thats all... : : I do actually not care about the market direction too much. The = only question that is interesting: : Is there an area which is profitable? (so far only on the long = side) There where 100000s of long chances even in 2000 and 2001. : : Are there Industry Groups that set up a bull market for its member = stocks? If yes, money is around the corner. Pick it up and ride it. : Just look at stuff like TARO, MDCI, AHMH, BZH in 2001... : : December was pretty much flat on the Indexes, but it was a great = month for a lot of canslim stocks. : : I acutally would like it if the Nasdaq would be still on 2000 = Points at the end of the year, as long : fundamentally sound stocks go up and grap goes down. : : The only moment you have to be aware of is the moment gets so bad, = that nothing works, every Industry Group : goes down pricewise, everything rolls over, no matter how good the fundamentals of the stocks. Then and only then : it is time to get flat. In 2001 that was from August to the = beginning of October. : : Sorry to be so opinionated. : : Andreas : : : > -----Ursprungliche Nachricht----- : > Von: rolf hertenstein [SMTP:rolfh@mindspring.com] : > Gesendet am: Sunday, January 13, 2002 5:54 PM : > An: canslim@lists.xmission.com : > Betreff: Re: [CANSLIM] market direction : > : > I'm still concerned about the overall market valuation, which = remains high. : > Yes, as earnings improve, market P/Es should lower, assuming = prices : > don't accelerate faster than earnings improve. : > : > Even though WON gives little credence to P/Es, I'm adding a P : > (CANSLIMP ?) for the time being. I think many investors will be = spooked : > by high P/Es (e.g., KKD) and tend towards solid companies with relatively : > low P/Es. Just one new investor's opinion. : > : > Rolf : > : > ----- Original Message ----- : > From: "Dan Forant" : > To: : > Sent: Sunday, January 13, 2002 9:31 AM : > Subject: Re: [CANSLIM] market direction : > : > : > > I have been saying all along this is going to be a = sloooooooowwwww, : > > recovery. Well into the year. All we have to do is *read* the = news. I : > listen : > > to a local analyst here named Larry King, he's with Smith = Barney. A few : > > weeks ago he was calling for a quick market return. Just = Friday he changed : > > course and now calls for growth but very slow. Analysts jobs = from : > brokerage : > > houses are to soften the tone of bad news. They can even make = it sound : > good. : > > Sure there are stocks out there that the savvy trader may = pick, but on : > > average not. It takes months to years for rate and tax cuts to = filter into : > > the economy. : > > : > > DanF : > > : > > : > > ----- Original Message ----- : > > From: "Kent Norman" : > > To: "CANSLIM" : > > Sent: Sunday, January 13, 2002 10:11 AM : > > Subject: [CANSLIM] market direction : > > : > > : > > > Many "experts" are expecting the market to follow : > > > tradition and rise in January and go flat to down for : > > > a few months. Do you think this weeks 5 down days are : > > > meaningful? : > > > : > > > I know WON says we don't need to be concerned with : > > > where the market is heading, just where it is. : > > > : > > > So where is it? Is the party over? Should we all get : > > > out of the pool? : > > > : > > > Kent Norman : > > > : > > > : > > > =3D=3D=3D=3D=3D : > > > Opportunities always look bigger going than coming. : > > > : > > > __________________________________________________ : > > > Do You Yahoo!? : > > > Send FREE video emails in Yahoo! Mail! : > > > http://promo.yahoo.com/videomail/ : > > > : > > > - : > > > -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. : : - : -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. ------=_NextPart_000_0099_01C19C51.1E511980 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Thank you Rolf, Tom, Andreas, Katherine for your = ideas. I have=20 so much to learn! I don't know where I got the idea that if the M is = strong for=20 value stocks, it's weak for growth stocks, and v.v.
 
Ann
----- Original Message -----
From:=20 Katherine=20 Malm
Sent: Sunday, January 13, 2002 = 12:55=20 PM
Subject: Re: [CANSLIM] market=20 direction/EFTs

Here's a good way to look at the relative performance of the = markets=20 since key dates:
 
I like to see these in bar chart view, but you can use line = charts as=20 well, as both are available:
 
Look at comparisons from key dates to Friday's close = (1/11/02):
 
Bull market top: 3/21/2001 (202 days)
Latest market peak: 5/21/2001 (160 days)
Follow-thru day: 9/28/2001 (73 days)
 
This will give you a comparison between Russell 2000 (small cap), = MidCap,=20 Large Cap, Naz100 (large cap tech), Dow and total market = proxies:
http://stockcharts.com/webcgi/wb.exe?Perf.web+IWM,MDY,QQQ,DIA,IYY
There is a bar at the bottom of the chart that you can stretch to = the=20 days right and left that you want to consider once the chart is built. = Roll=20 your cursor over the chart and the key information for each index will = pop=20 up.
 
This will give you a comparison between styles Sm Cap Growth, Mid = Cap=20 Growth, Lg Cap Growth,Sm Cap Val, Mid Cap Val, Lg Cap Val. Again, run = these=20 from the key date until today and you will be able to make your own=20 conclusions about growth/value.
http://stockcharts.com/webcgi/wb.exe?Perf.web+IJT,IJK,IVW,IJS,IJJ,I= VE
 
For a more general comparison between growth, value, total = market,=20 try:
http:/= /stockcharts.com/webcgi/wb.exe?Perf.web+IWZ,IWW,IYY
 
Katherine
----- Original Message -----
From:=20 Ann=20
Sent: Sunday, January 13, = 2002 12:05=20 PM
Subject: Re: [CANSLIM] market = direction/EFTs

Thanks for your response, Andreas. I think I see what = you are=20 saying.
I invested in a SmallCap EFT recently, and was wondering = whether=20 I should
have!
----- Original Message -----
From: "Andreas=20 Himmelreich" <judgejimmy@web.de>
To: = <canslim@lists.xmission.com= >
Sent:=20 Sunday, January 13, 2002 12:27 PM
Subject: AW: [CANSLIM] market=20 direction


: You do not have to buy stocks with high PEs. = Just go=20 into value and growth
and
: let the BOs of ultra High PE = stocks=20 fail.
:
: David Ryan says in Market Wizards that the PE (or = the Value)=20 is important
(even Won does not say it) for
: the probabillity = of a=20 good breakout.
:
: I do belive that the market right now=20 differenciates, its not a nutty bull
market like in the 90s = where
:=20 everything went up, no matter its fundamentals (in some stages of = the=20 bull
market).
:
: But the market is not so bad, that it = sends down=20 all stocks, it
differenciates, thats all...
:
: I do = actually not=20 care about the market direction too much. The only
question that = is=20 interesting:
: Is there an area which is profitable? (so far only = on the=20 long side) There
where 100000s of long chances even in 2000 and=20 2001.
:
: Are there Industry Groups that set up a bull market = for its=20 member stocks?
If yes, money is around the corner. Pick it up and = ride=20 it.
: Just look at stuff like TARO, MDCI, AHMH, BZH in = 2001...
:
:=20 December was pretty much flat on the Indexes, but it was a great = month=20 for
a lot of canslim stocks.
:
: I acutally would like it = if the=20 Nasdaq would be still on 2000 Points at
the end of the year, as = long
:=20 fundamentally sound stocks go up and grap goes down.
:
: The = only=20 moment you have to be aware of is the moment gets so bad, = that
nothing=20 works, every Industry Group
: goes down pricewise, everything = rolls over,=20 no matter how good the
fundamentals of the stocks. Then and only=20 then
: it is time to get flat. In 2001 that was from August to = the=20 beginning of
October.
:
: Sorry to be so = opinionated.
:
:=20 Andreas
:
:
: > -----Ursprungliche Nachricht-----
: = > Von:=20 rolf hertenstein [SMTP:rolfh@mindspring.com]
: > Gesendet am: = Sunday,=20 January 13, 2002 5:54 PM
: > An: canslim@lists.xmission.com=
:=20 > Betreff: Re: [CANSLIM] market direction
: >
: > I'm = still=20 concerned about the overall market valuation, which = remains
high.
:=20 > Yes, as earnings improve, market P/Es should lower, assuming=20 prices
: > don't accelerate faster than earnings improve.
: = >
: > Even though WON gives little credence to P/Es, I'm = adding a=20 P
: > (CANSLIMP ?) for the time being.  I think many = investors=20 will be spooked
: > by high P/Es (e.g., KKD) and tend towards = solid=20 companies with
relatively
: > low P/Es.  Just one new=20 investor's opinion.
: >
: >  Rolf
: >
: = > -----=20 Original Message -----
: > From: "Dan Forant" <dforant1@nycap.rr.com>
: = >=20 To: <canslim@lists.xmission.com= >
:=20 > Sent: Sunday, January 13, 2002 9:31 AM
: > Subject: Re: = [CANSLIM]=20 market direction
: >
: >
: > > I have been = saying all=20 along this is going to be a sloooooooowwwww,
: > > = recovery. Well=20 into the year. All we have to do is *read* the news. I
: > = listen
:=20 > > to a local analyst here named Larry King, he's with Smith = Barney.=20 A
few
: > > weeks ago he was calling for a quick market = return.=20 Just Friday he
changed
: > > course and now calls for = growth but=20 very slow. Analysts jobs from
: > brokerage
: > > = houses are=20 to soften the tone of bad news. They can even make it sound
: = >=20 good.
: > > Sure there are stocks out there that the savvy = trader=20 may pick, but on
: > > average not. It takes months to = years for=20 rate and tax cuts to filter
into
: > > the economy.
: = >=20 >
: > > DanF
: > >
: > >
: > = > -----=20 Original Message -----
: > > From: "Kent Norman" <kent_norman@yahoo.com>
: = >=20 > To: "CANSLIM" <canslim@xmission.com>
: = >=20 > Sent: Sunday, January 13, 2002 10:11 AM
: > > Subject: = [CANSLIM] market direction
: > >
: > >
: > = > >=20 Many "experts" are expecting the market to follow
: > > = >=20 tradition and rise in January and go flat to down for
: > > = > a=20 few months. Do you think this weeks 5 down days are
: > > = >=20 meaningful?
: > > >
: > > > I know WON says = we don't=20 need to be concerned with
: > > > where the market is = heading,=20 just where it is.
: > > >
: > > > So where = is it? Is=20 the party over? Should we all get
: > > > out of the = pool?
:=20 > > >
: > > > Kent Norman
: > > = >
: >=20 > >
: > > > =3D=3D=3D=3D=3D
: > > > = Opportunities always=20 look bigger going than coming.
: > > >
: > > = >=20 __________________________________________________
: > > = > Do=20 You Yahoo!?
: > > > Send FREE video emails in Yahoo! = Mail!
:=20 > > > http://promo.yahoo.com/videoma= il/
:=20 > > >
: > > > -
: > > > -To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
: = >=20 > > -In the email body, write "subscribe canslim" or
: > = >=20 > -"unsubscribe canslim".  Do not use quotes in your = email.
:=20 > > >
: > >
: > >
: > > -
: = > >=20 -To subscribe/unsubscribe, email "majordomo@xmission.com"
: = >=20 > -In the email body, write "subscribe canslim" or
: > > = -"unsubscribe canslim".  Do not use quotes in your email.
: = >=20 >
: >
: >
: > -
: > -To = subscribe/unsubscribe,=20 email "majordomo@xmission.com"
: = >=20 -In the email body, write "subscribe canslim" or
: > = -"unsubscribe=20 canslim".  Do not use quotes in your email.
:
: -
: = -To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
: = -In=20 the email body, write "subscribe canslim" or
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:


-
-To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your = email.
------=_NextPart_000_0099_01C19C51.1E511980-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] Worley's Weekend Weeview Date: 13 Jan 2002 16:45:43 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_004C_01C19C51.BDBC68D0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi Steve, The population of stocks I review each weekend for my WWW is a composite = of several sources. I can't mention them all, as one may sue me or cut = off my services. But suffice it to say, I am looking for stocks with = both RS and EPS of 80 or better, and close to or at their 12 month = highs. The actual chart I look at in order to make my short list are DGO = charts. The comments and opinions are strictly my own. For my own personal investing, I use CBS Market Watch to screen for = small caps hitting new highs. I have tried several screens at DGO beta = site but without any consistent success so far. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Steve=20 To: canslim@lists.xmission.com=20 Sent: Sunday, January 13, 2002 12:12 PM Subject: Re: [CANSLIM] Worley's Weekend Weeview Tom, Thanks again for your summary and attached watch list once again you = have added to my watch list. I have two questions regarding your WWW. 1. What is(are) the criteria(s) that you filter on to get your = original list prior to paring it down to the below? I have a small = handful of filters that I thought were pretty good but only half of your = list below even shows up on my original master list (about 300 long for = weekend review).=20 2. You have often mentioned about your own personal investing style is = in addition to CANSLIM (this group) and you select low priced/low = vol/small caps. Are you involved in other groups similiar to this group = for your other style of investing? I would also be interested in what = filter criteria you use to find those. (I have been using PEG ratios of = < .65, avol<50K but then I miss out on those without earnings...) Thanks for any coaching you can provide! Steve ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Sunday, January 13, 2002 1:50 AM Subject: [CANSLIM] Worley's Weekend Weeview CONFESSION SEASON We are now in a critical time period preceding the actual reporting = of Fourth Quarter results. Corporations big and small are supposed to be = adjusting investor's expectations to what they will actually report, vs. = what they (or analysts) have already said to expect. My subjective = observation was that the news was far more positive than negative, with = over half of the companies saying anything saying that they would exceed = lowered expectations. And most of the rest were saying they would meet = the current expectations. Just read a report off Reuters, which confirms = my observation. So far in preparation for Q4, 44% of the announcements = have warned they will miss forecasts. The positive spin? For Q3, the = number was 63%, for Q2 it was 68%, and 70% for Q1. And 25% of this = confession season are positive, compared to only 16% average for the = prior 3 quarters. According to First Call, earnings for the 500 corps in = the S&P500 are still expected to drop 22%, worst record in ten years.=20 --- ONE LINERS A 17 year old in San Diego, still living at home with his parents, = managed to scam 1,000 "investors" out of over a million dollars over the = internet by promising returns of 250% to 2500% using the "investor's" = money to bet on sports events. Lots of quotes here, "a fool and his = money are soon parted", "there's a sucker born every minute", "greed = will get you in the end". Just think, he may be CEO of some future = Enron by the time he's 30!! Nearly $900,000 was recovered from his = account in Costa Rica, so doubtful the "investors" will learn much of a = lesson. Still, nice to know we are raising computer literate kids who = are obviously smarter than the adults. Bankruptcy filings are on track to set new records for 2001. Final = numbers announced in early March. Consumer debt way surpassed = expectations in November, up over $16 billion, expected was just over a = $5 billion jump. Primary cause was purchases of cars due the zero = financing deals now largely ended. The new President and COO of Int'l House of Pancakes is Ms. Julia = Stewart. She got her start in the restaurant biz 30 years ago at the age = of 16, filling coffee cups and taking orders as a waitress at, you = guessed it, IHOP. Way to go, Julia. Congrats!!=20 First quarter 2002 has been picked in a poll of private economists = as marking the end of recession. 37% picked March, 26% picked February, = 22% picked January, and a bold 7% picked last December. They projected a = rise in GDP of 0.7%. Consensus forecast for 4th quarter GDP is a 1% = decline, which would confirm a recession by traditional standards. New unemployment claims continued to drop faster than expectations. = Four week moving average is stable, and the number continuing on = unemployment dropped by 170,000. And this is despite new layoff = announcements (or expectations) by Ford (10,000), GM (5,000), and = Merrill Lynch (9,000). Wholesale inventories continued to fall in November, down 1.1% after = dropping 1.2% in October. (gotta deplete inventory before manufacturers = restart or increase production, and start hiring new people) Latest reports show applications for mortgages for home purchases = are at an all time high, implying strength for the new and used home = sales figures in the next few months. Friday's PPI report showed an unexpected drop of 0.7%, expected was = a drop of 0.2%. Excluding the volatile energy and food elements, it = still dropped 0.1% compared to an expected rise in the core rate of = 0.1%. Gee, maybe there's still some hope for a Jan 30 Fed rate cut? And = despite 11 Fed rate cuts in the past year, the 15 year mortgage rate is = still only 5 basis points below where it was a year ago. So who's making = all the money on refinancing and new mortgages? --- MR. GREENSPAN I haven't written much about Mr. G for some time, mostly because I = saw little on which to comment, it was business as usual, with no = change. I didn't catch much of his speech Friday on the economy, but = what I got was significant. First, he expects to see proof of an = economic recovery by summer (that means it would have to already be in = progress). Second, he specifically commented: "hypothesis of an = accelerated productivity trend had not been tested in the contracting = phase of a business cycle. Recent developments have provided that test, = and the early returns certainly look favorable to the hypothesis." That = comment, along with several others, leads me to conclude that the Feds = will cut another 25 basis points on Jan 30. It will likely be the last = cut, but I would also not expect to see any rate hikes until the end of = the summer at the earliest. I also expect that when rate hikes occur, = and they will, they will be small, occur slowly and cautiously until not = only our economic growth is well established, but we also see = improvement in the world economy.=20 --- ON "M" I am probably the wrong person to talk about the market trend this = week, as every major index was down. Despite that, my IRA gained 4.5% = for the week and my VR Fund gained 2.8%, so for me the trend is up. Not = withstanding that, the worries that the major indexes were developing a = head and shoulders pattern appear to have been unfounded, with the = possible exception of the NASDAQ 100. The ten day moving averages on = both up/down volume and new highs/lows are positive, and expectations of = an improving economy, and recovering corporate profits, are strong. Thus = I expect a lot more sidelined money to continue flowing into stocks = during the next month or two.=20 --- WORLEY'S WATCHLIST WANNABEES While the population of stocks I review for my own personal = investing (low priced, thinly traded small caps) has been growing = nicely, the population of stocks I review for this column appears to be = stagnant, not a surprise given the retreat by all markets this week. As always, Bx is my shorthand for a flat line "B"ase of "x" weeks = duration. If I see a specific pattern, such as a cup and handle, double = bottom, LLUR (Lower Left Upper Right, not officially CANSLIM pattern), = etc, then I will say so. ACS - LLUR, closely following the 50 DMA ALLY - B2 BBY - 5 week handle on the cup, but volume still high, funds already = own 37% BLUD - B2+ CEFT - 3+ week handle on a vague cup CVBF - LLUR DLX - very smooth LLUR despite low earnings forecasts ELTE - B3 FCN - volatile LLUR attempting a b/o on Friday on volume, be careful FMAR - c&h, low price and volume JNC - LLUR MCRS - 2nd base on the handle MHO - B5 OFIX - B4 PETM - LLUR POSS - B2 below the high, in my VR fund RYAN - LLUR TIER - B4 URBN - B3 Happy hunting, God bless America, and its military people, Use of this email for any purpose other than personal is prohibited = without prior permission of the author. Commercial use without = permission is specifically prohibited. Tom Worley stkguru@netside.net AIM: TexWorley ------=_NextPart_000_004C_01C19C51.BDBC68D0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Hi Steve,
 
The population of stocks I review each weekend = for my WWW=20 is a composite of several sources. I can't mention them all, as one may = sue me=20 or cut off my services. But suffice it to say, I am looking for stocks = with both=20 RS and EPS of 80 or better, and close to or at their 12 month=20 highs.
 
The actual chart I look at in order to make my = short list=20 are DGO charts. The comments and opinions are strictly my = own.
 
For my own personal investing, I use CBS Market = Watch to=20 screen for small caps hitting new highs. I have tried several screens at = DGO=20 beta site but without any consistent success so far.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Steve =
Sent: Sunday, January 13, 2002 = 12:12=20 PM
Subject: Re: [CANSLIM] Worley's = Weekend=20 Weeview

Tom,
 
Thanks again for your summary and = attached watch=20 list once again you have added to my watch list.  I have two = questions=20 regarding your WWW.
 
1. What is(are) the criteria(s) that = you filter=20 on to get your original list prior to paring it down to the = below?  I=20 have a small handful of filters that I thought were pretty good but = only half=20 of your list below even shows up on my original master list (about 300 = long=20 for weekend review).
 
2. You have often mentioned about = your own=20 personal investing style is in addition to CANSLIM (this group) and=20 you select low priced/low vol/small caps.  Are you involved = in other=20 groups similiar to this group for your other style of investing?  = I would=20 also be interested in what filter criteria you use to find = those.  (I=20 have been using PEG ratios of < .65, avol<50K but then I miss = out on=20 those without earnings...)
 
Thanks for any coaching you can=20 provide!
 
Steve
 
 
----- Original Message -----
From:=20 Tom=20 Worley
Sent: Sunday, January 13, = 2002 1:50=20 AM
Subject: [CANSLIM] Worley's = Weekend=20 Weeview

CONFESSION=20 SEASON
We are now in a critical time period = preceding the=20 actual reporting of Fourth Quarter results. Corporations big and = small are=20 supposed to be adjusting investor's expectations to what they will = actually=20 report, vs. what they (or analysts) have already said to expect. My=20 subjective observation was that the news was far more positive than=20 negative, with over half of the companies saying anything saying = that they=20 would exceed lowered expectations. And most of the rest were saying = they=20 would meet the current expectations. Just read a report off Reuters, = which=20 confirms my observation. So far in preparation for Q4, 44% of the=20 announcements have warned they will miss forecasts. The positive = spin? For=20 Q3, the number was 63%, for Q2 it was 68%, and 70% for Q1. And 25% = of this=20 confession season are positive, compared to only 16% average for the = prior 3=20 quarters. According to First Call, earnings for the 500 corps in the = S&P500 are still expected to drop 22%, worst record in ten = years.=20
ONE = LINERS
A 17 year old in San Diego, still living at = home with=20 his parents, managed to scam 1,000 "investors" out of over a million = dollars=20 over the internet by promising returns of 250% to 2500% using the=20 "investor's" money to bet on sports events. Lots of quotes here, "a = fool and=20 his money are soon parted", "there's a sucker born every minute", = "greed=20 will get you in the end".  Just think, he may be CEO of some = future=20 Enron by the time he's 30!! Nearly $900,000 was recovered from his = account=20 in Costa Rica, so doubtful the "investors" will learn much of a = lesson.=20 Still, nice to know we are raising computer literate kids who are = obviously=20 smarter than the adults.
 
Bankruptcy filings are on track to set new = records for=20 2001. Final numbers announced in early March. Consumer debt way = surpassed=20 expectations in November, up over $16 billion, expected was just = over a $5=20 billion jump. Primary cause was purchases of cars due the zero = financing=20 deals now largely ended.
 
The new President and COO of Int'l House of = Pancakes=20 is Ms. Julia Stewart. She got her start in the restaurant biz 30 = years ago=20 at the age of 16, filling coffee cups and taking orders as a = waitress at,=20 you guessed it, IHOP. Way to go, Julia. Congrats!!
 
First quarter 2002 has been picked in a poll = of=20 private economists as marking the end of recession. 37% picked = March, 26%=20 picked February, 22% picked January, and a bold 7% picked last = December.=20 They projected a rise in GDP of 0.7%. Consensus forecast for 4th = quarter GDP=20 is a 1% decline, which would confirm a recession by traditional=20 standards.
 
New unemployment claims continued to drop = faster than=20 expectations. Four week moving average is stable, and the number = continuing=20 on unemployment dropped by 170,000. And this is despite new layoff=20 announcements (or expectations) by Ford (10,000), GM (5,000), and = Merrill=20 Lynch (9,000).
 
Wholesale inventories continued to fall in = November,=20 down 1.1% after dropping 1.2% in October. (gotta deplete inventory = before=20 manufacturers restart or increase production, and start hiring new=20 people)
 
Latest reports show applications for = mortgages for=20 home purchases are at an all time high, implying strength for the = new and=20 used home sales figures in the next few months.
 
Friday's PPI report showed an unexpected = drop of 0.7%,=20 expected was a drop of 0.2%. Excluding the volatile energy and food=20 elements, it still dropped 0.1% compared to an expected rise in the = core=20 rate of 0.1%. Gee, maybe there's still some hope for a Jan 30 Fed = rate=20 cut?  And despite 11 Fed rate cuts in the past year, the = 15 year=20 mortgage rate is still only 5 basis points below where it was a year = ago. So=20 who's making all the money on refinancing and new = mortgages?
MR.=20 GREENSPAN
I haven't written much about Mr. G for some = time,=20 mostly because I saw little on which to comment, it was business as = usual,=20 with no change.  I didn't catch much of his speech Friday on = the=20 economy, but what I got was significant. First, he expects to see = proof of=20 an economic recovery by summer (that means it would have to already = be in=20 progress). Second, he specifically commented: "hypothesis of an = accelerated=20 productivity trend had not been tested in the contracting phase of a = business cycle.  Recent developments have provided that test, = and the=20 early returns certainly look favorable to the hypothesis." = That=20 comment, along with several others, leads me to conclude that the = Feds will=20 cut another 25 basis points on Jan 30. It will likely be the last = cut, but I=20 would also not expect to see any rate hikes until the end of the = summer at=20 the earliest. I also expect that when rate hikes occur, and they = will, they=20 will be small, occur slowly and cautiously until not only our = economic=20 growth is well established, but we also see improvement in the world = economy.=20
ON = "M"
I am probably the wrong person to talk about = the=20 market trend this week, as every major index was down. Despite that, = my IRA=20 gained 4.5% for the week and my VR Fund gained 2.8%, so for me the = trend is=20 up. Not withstanding that, the worries that the major indexes were=20 developing a head and shoulders pattern appear to have been = unfounded, with=20 the possible exception of the NASDAQ 100. The ten day moving = averages on=20 both up/down volume and new highs/lows are positive, and = expectations of an=20 improving economy, and recovering corporate profits, are strong. = Thus I=20 expect a lot more sidelined money to continue flowing into stocks = during the=20 next month or two.=20
WORLEY'S WATCHLIST=20 WANNABEES
While the population of stocks I review for = my own=20 personal investing (low priced, thinly traded small caps) has been = growing=20 nicely, the population of stocks I review for this column appears to = be=20 stagnant, not a surprise given the retreat by all markets this=20 week.
As always, Bx is my shorthand for a flat = line "B"ase=20 of "x" weeks duration. If I see a specific pattern, such as a cup = and=20 handle, double bottom, LLUR (Lower Left Upper Right, not officially = CANSLIM=20 pattern), etc, then I will say so.
 
ACS - LLUR, closely following the 50 = DMA
ALLY - B2
BBY - 5 week handle on the cup, but volume = still high,=20 funds already own 37%
BLUD - B2+
CEFT - 3+ week handle on a vague = cup
CVBF - LLUR
DLX - very smooth LLUR despite low earnings=20 forecasts
ELTE - B3
FCN - volatile LLUR attempting a b/o on = Friday on=20 volume, be careful
FMAR - c&h, low price and = volume
JNC - LLUR
MCRS - 2nd base on the handle
MHO - B5
OFIX - B4
PETM - LLUR
POSS - B2 below the high, in my VR = fund
RYAN - LLUR
TIER - B4
URBN - B3
 
Happy hunting,
 
God bless America, and its military=20 people,
 
Use of this email for any purpose other than = personal=20 is prohibited without prior permission of the author. Commercial use = without=20 permission is specifically prohibited.
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
------=_NextPart_000_004C_01C19C51.BDBC68D0-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: [CANSLIM] IBD Smart Investor Date: 13 Jan 2002 16:03:01 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_0049_01C19C4B.C6B649C0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi Tom, I was going batty because I found your profile online this week but not = in the paper...thought Smart Investor was only in Monday's papers. = Couldn't figure out why that cookie-making-ex-nurse's photo was in your = spot yesterday! Do you know if IBD has started running these profiles = twice weekly? I'm so far behind in my pile of IBD's, don't know what I'm = missing...Mon-Thur mornings I usually throw out section B after reading = the Big Picture...save section A "until I get around to it"... Nice to finally put a real person with the voice. Maybe the photo for = your CANSLIM memoirs can be under a tree in the Bahamas instead of that = bank-vault-looking hallway...:)) Katherine ------=_NextPart_000_0049_01C19C4B.C6B649C0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Hi Tom,
 
I was going batty because I found your profile online this = week but=20 not in the paper...thought Smart Investor was only in Monday's papers. = Couldn't=20 figure out why that cookie-making-ex-nurse's photo was in your spot = yesterday!=20 Do you know if IBD has started running these profiles twice weekly? I'm = so far=20 behind in my pile of IBD's, don't know what I'm missing...Mon-Thur=20 mornings I usually throw out section B after reading the Big = Picture...save=20 section A "until I get around to it"...
 
Nice to finally put a real person with the voice. Maybe the photo = for your=20 CANSLIM memoirs can be under a tree in the Bahamas instead of that=20 bank-vault-looking hallway...:))
 
Katherine
------=_NextPart_000_0049_01C19C4B.C6B649C0-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Spencer48@aol.com Subject: Re: [CANSLIM] IBD Smart Investor Date: 13 Jan 2002 17:11:05 EST Katherine: Yes, the Smart Investor series is now in Thursday's edition of IBD (in addition to Monday's IBD). I guess, after reading the second sentence, that "cooking baking ex-nurse" will not be making any cookies for you. (And if she does, maybe you better not eat them). In any event, your description of her made me laugh. Thanks. jans In a message dated 1/13/2002 5:02:46 PM Eastern Standard Time, kmalm@earthlink.net writes: << Hi Tom, I was going batty because I found your profile online this week but not in the paper...thought Smart Investor was only in Monday's papers. Couldn't figure out why that cookie-making-ex-nurse's photo was in your spot yesterday! Do you know if IBD has started running these profiles twice weekly? I'm so far behind in my pile of IBD's, don't know what I'm missing...Mon-Thur mornings I usually throw out section B after reading the Big Picture...save section A "until I get around to it"... >> - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] IBD Smart Investor Date: 13 Jan 2002 17:21:24 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_00BF_01C19C56.B9DCCB60 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi Katherine, My impression is that the "Smart Investors" column is a daily one. = Remember I am not an IBD subscriber these days. When I tried the link on = Saturday, I also got the nurse and not me, and could not find any = archive. Another member mentioned the profile was in the "B" section (B13??). The photo finally used was a mystery to me. As a former semi-pro = photographer back in my teens and early 20s, and a serious amateur = photographer since, I am unaccustomed to being on the other side of the = camera, and not comfortable with it. Having an infected and swollen left = eye at the time, I gave the API photographer quite a challenge to get a = decent photo. After about 200 shots in my work area, we left together = (him to get away, me for a smoke break). We exited the office area into = the hallway outside the Reception area, and he fell in love with the = lighting and architecture. My (and my now deceased wife's) dream was always to make enough money to = buy a small island in the Bahamas and build a house there. It's still a = dream, but a lot less likely to happen now, but I always enjoy my trips = over there. At least I did have two glorious month long cruises there on = our sailboat. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Sunday, January 13, 2002 5:03 PM Subject: [CANSLIM] IBD Smart Investor Hi Tom, I was going batty because I found your profile online this week but = not in the paper...thought Smart Investor was only in Monday's papers. = Couldn't figure out why that cookie-making-ex-nurse's photo was in your = spot yesterday! Do you know if IBD has started running these profiles = twice weekly? I'm so far behind in my pile of IBD's, don't know what I'm = missing...Mon-Thur mornings I usually throw out section B after reading = the Big Picture...save section A "until I get around to it"... Nice to finally put a real person with the voice. Maybe the photo for = your CANSLIM memoirs can be under a tree in the Bahamas instead of that = bank-vault-looking hallway...:)) Katherine ------=_NextPart_000_00BF_01C19C56.B9DCCB60 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Hi Katherine,
 
My impression is that the "Smart Investors" = column is a=20 daily one. Remember I am not an IBD subscriber these days. When I tried = the link=20 on Saturday, I also got the nurse and not me, and could not find = any=20 archive.
 
Another member mentioned the profile was in the = "B"=20 section (B13??).
 
The photo finally used was a mystery to me. As a = former=20 semi-pro photographer back in my teens and early 20s, and a serious = amateur=20 photographer since, I am unaccustomed to being on the other side of the = camera,=20 and not comfortable with it. Having an infected and swollen left eye at = the=20 time, I gave the API photographer quite a challenge to get a decent = photo. After=20 about 200 shots in my work area, we left together (him to get away, me = for a=20 smoke break). We exited the office area into the hallway outside the = Reception=20 area, and he fell in love with the lighting and = architecture.
 
My (and my now deceased wife's) dream was always = to make=20 enough money to buy a small island in the Bahamas and build a house = there. It's=20 still a dream, but a lot less likely to happen now, but I always enjoy = my trips=20 over there. At least I did have two glorious month long cruises there on = our=20 sailboat.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Katherine=20 Malm
Sent: Sunday, January 13, 2002 = 5:03=20 PM
Subject: [CANSLIM] IBD Smart=20 Investor

Hi Tom,
 
I was going batty because I found your profile online this = week but=20 not in the paper...thought Smart Investor was only in Monday's papers. = Couldn't figure out why that cookie-making-ex-nurse's photo was in = your spot=20 yesterday! Do you know if IBD has started running these profiles twice = weekly?=20 I'm so far behind in my pile of IBD's, don't know what I'm = missing...Mon-Thur=20 mornings I usually throw out section B after reading the Big=20 Picture...save section A "until I get around to it"...
 
Nice to finally put a real person with the voice. Maybe the photo = for=20 your CANSLIM memoirs can be under a tree in the Bahamas instead of = that=20 bank-vault-looking hallway...:))
 
Katherine
------=_NextPart_000_00BF_01C19C56.B9DCCB60-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: AW: [CANSLIM] market direction Date: 13 Jan 2002 23:26:35 +0100 Here the interview with David Ryan, a Market Wizard trained by Oneil (Market Wizzards, Jack D. Schwager) --> Schwager: "The screens you have described in selecting stocks are essentially ONeils CANSLIM methodology. Did you add any of your own elements to his approach?" Ryan: "Yes, I learned that most of our greatest winning recommendations startet off with prices unter thirty times earnings. ONeil says the P/E ration is not important. I think it is, in that your succes ratio is a lot higher on lower P/E ratio stocks." Schwager: "But I guess not too low P/E Ratios?" Ryan: When I am talking about lower PE ratio stocks, I mean stocks that have a PE ratio that is between even and up to two times the S&P 500 PE ratio .... .... Once you start going much beyond double the S&P 500 PE ratio level, your timing needs to be more exact. You are bound to make a few more mistakes on higher PE ratio stocks.. Schwager "Do you therefore avoid high P/E ratio stocks?" Ryan: "Yes, in many cases I do. The most profitable situation is wen you find a stock with a strong earnings trend that is trading at a PE ratio in line with the broad market ratio. Schwager: "If you avoid high PE ratio stocks, wouldnt that have prevented you from catching the whole biomedical group move? Ryan: That was a litle different because of the fact that the whole group was trading at high P/E Ratios. Page 250 and 251. ________________________________________________________________________ ________________ Boucher has an even stricter screen on value and growth at the same time AND he says the same like Ryan --> the exeption is, if a whole industry has a higher PE (Same applies for Dept). > -----Ursprungliche Nachricht----- > Von: rolf hertenstein [SMTP:rolfh@mindspring.com] > Gesendet am: Sunday, January 13, 2002 7:14 PM > An: canslim@lists.xmission.com > Betreff: Re: [CANSLIM] market direction > > Nothing to be sorry about! I'm here to learn from people's opinions. > > My take on 'value and/or growth' (from Ann's question). I always thought > of growth as growth in earnings, sales, etc. So the trick is to find low > P/E > stocks with fast growth, which is the same as the low PEG ratio someone > else mentioned. WON worry about growth and not P/E - not sure I ever > bought that concept completely, especially now. > > Rolf > > > > > Sorry to be so opinionated. > > > > Andreas > > > > > > > -----Ursprungliche Nachricht----- > > > Von: rolf hertenstein [SMTP:rolfh@mindspring.com] > > > Gesendet am: Sunday, January 13, 2002 5:54 PM > > > An: canslim@lists.xmission.com > > > Betreff: Re: [CANSLIM] market direction > > > > > > I'm still concerned about the overall market valuation, which remains > high. > > > Yes, as earnings improve, market P/Es should lower, assuming prices > > > don't accelerate faster than earnings improve. > > > > > > Even though WON gives little credence to P/Es, I'm adding a P > > > (CANSLIMP ?) for the time being. I think many investors will be spooked > > > by high P/Es (e.g., KKD) and tend towards solid companies with > relatively > > > low P/Es. Just one new investor's opinion. > > > > > > Rolf > > > > > > ----- Original Message ----- > > > From: "Dan Forant" > > > To: > > > Sent: Sunday, January 13, 2002 9:31 AM > > > Subject: Re: [CANSLIM] market direction > > > > > > > > > > I have been saying all along this is going to be a sloooooooowwwww, > > > > recovery. Well into the year. All we have to do is *read* the news. I > > > listen > > > > to a local analyst here named Larry King, he's with Smith Barney. A > few > > > > weeks ago he was calling for a quick market return. Just Friday he > changed > > > > course and now calls for growth but very slow. Analysts jobs from > > > brokerage > > > > houses are to soften the tone of bad news. They can even make it sound > > > good. > > > > Sure there are stocks out there that the savvy trader may pick, but on > > > > average not. It takes months to years for rate and tax cuts to filter > into > > > > the economy. > > > > > > > > DanF > > > > > > > > > > > > ----- Original Message ----- > > > > From: "Kent Norman" > > > > To: "CANSLIM" > > > > Sent: Sunday, January 13, 2002 10:11 AM > > > > Subject: [CANSLIM] market direction > > > > > > > > > > > > > Many "experts" are expecting the market to follow > > > > > tradition and rise in January and go flat to down for > > > > > a few months. Do you think this weeks 5 down days are > > > > > meaningful? > > > > > > > > > > I know WON says we don't need to be concerned with > > > > > where the market is heading, just where it is. > > > > > > > > > > So where is it? Is the party over? Should we all get > > > > > out of the pool? > > > > > > > > > > Kent Norman > > > > > > > > > > > > > > > ===== > > > > > Opportunities always look bigger going than coming. > > > > > > > > > > __________________________________________________ > > > > > Do You Yahoo!? > > > > > Send FREE video emails in Yahoo! Mail! > > > > > http://promo.yahoo.com/videomail/ > > > > > > > > > > - > > > > > -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. > > > > - > > -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. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: AW: [CANSLIM] IBD Smart Investor Date: 13 Jan 2002 23:27:57 +0100 I laughed too :-) > -----Ursprungliche Nachricht----- > Von: Spencer48@aol.com [SMTP:Spencer48@aol.com] > Gesendet am: Sunday, January 13, 2002 11:11 PM > An: canslim@lists.xmission.com > Betreff: Re: [CANSLIM] IBD Smart Investor > > Katherine: > > Yes, the Smart Investor series is now in Thursday's edition of IBD (in > addition to Monday's IBD). > > I guess, after reading the second sentence, that "cooking baking > ex-nurse" will not be making any cookies for you. (And if she does, maybe > you better not eat them). In any event, your description of her made me > laugh. Thanks. > > > > jans > > > In a message dated 1/13/2002 5:02:46 PM Eastern Standard Time, > kmalm@earthlink.net writes: > > << Hi Tom, > > I was going batty because I found your profile online this week but not in > the paper...thought Smart Investor was only in Monday's papers. Couldn't > figure out why that cookie-making-ex-nurse's photo was in your spot > yesterday! Do you know if IBD has started running these profiles twice > weekly? I'm so far behind in my pile of IBD's, don't know what I'm > missing...Mon-Thur mornings I usually throw out section B after reading the > Big Picture...save section A "until I get around to it"... >> > > - > -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. ------------------------------------------------------------------------------- From: Joe Maguire Subject: Re: [CANSLIM] ASIA? Date: 13 Jan 2002 16:20:35 -0800 --------------77770070024474B2A4FCEE17 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit Jans . Hello...just clicked on your chart site [yahoo]... help .. no chart came up ..cud be operator error on my side .. [just in case someone else had same prob. Keep up the good work.. Best .Joe Mguire San Diego Spencer48@aol.com wrote: > Katherine: > > Those charts are just too cool (excuse me for my lingo: I guess I'm > just a child of the 60's). > > Would you tell how: 1) you got those graphics on Yahoo? And 2) how did > you get the bold print onto the DG chart? > > jans > > In a message dated 1/11/2002 4:20:45 PM Eastern Standard Time, > kmalm@earthlink.net writes: > > << Just an experiment, but here's a marked chart: > > > http://photos.yahoo.com/bc/katherinemalm/vwp?.dir=/CANSLIM&.dnm=ASIA+011102.jp > > g&.src=ph&.done=http%3a//photos.yahoo.com/bc/katherinemalm/vwp%3f.dir=/CANSLIM > > %26.dnm=Up%2bDn%2bRatio%2bArticle%2b123101.jpg%26.src=ph > > Katherine >> > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. --------------77770070024474B2A4FCEE17 Content-Type: text/html; charset=us-ascii Content-Transfer-Encoding: 7bit Jans . Hello...just clicked on your chart site [yahoo]... help .. no chart came up ..cud be operator error on my side .. [just in case someone else had same prob. Keep up the good work.. Best .Joe Mguire San Diego

Spencer48@aol.com wrote:

Katherine:

     Those charts are just too cool (excuse me for my lingo:  I guess I'm
just a child of the 60's).

     Would you tell how: 1) you got those graphics on Yahoo?  And 2) how did
you get the bold print onto the DG chart?

jans

In a message dated 1/11/2002 4:20:45 PM Eastern Standard Time,
kmalm@earthlink.net writes:

<< Just an experiment, but here's a marked chart:
 

http://photos.yahoo.com/bc/katherinemalm/vwp?.dir=/CANSLIM&.dnm=ASIA+011102.jp

g&.src=ph&.done=http%3a//photos.yahoo.com/bc/katherinemalm/vwp%3f.dir=/CANSLIM

%26.dnm=Up%2bDn%2bRatio%2bArticle%2b123101.jpg%26.src=ph

 Katherine >>

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

--------------77770070024474B2A4FCEE17-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Ann" Subject: Re: [CANSLIM] market direction Date: 13 Jan 2002 19:25:11 -0500 Thanks, Andreas. I actually read that book, but I'm not sure how much I absorbed! This is very helpful, and you had summarized this well, before. ----- Original Message ----- Sent: Sunday, January 13, 2002 5:26 PM : Here the interview with David Ryan, a Market Wizard trained by Oneil : (Market Wizzards, Jack D. Schwager) --> : : Schwager: : : "The screens you have described in selecting stocks are essentially ONeils : CANSLIM methodology. Did you add any of your own elements to his approach?" : : Ryan: : : "Yes, I learned that most of our greatest winning recommendations startet : off with prices unter thirty times earnings. ONeil says the P/E ration is : not important. : I think it is, in that your succes ratio is a lot higher on lower P/E ratio : stocks." : : Schwager: : : "But I guess not too low P/E Ratios?" : : Ryan: : : When I am talking about lower PE ratio stocks, I mean stocks that have a PE : ratio that is between even and up to two times the S&P 500 PE ratio .... : : : .... Once you start going much beyond double the S&P 500 PE ratio level, : your timing needs to be more exact. You are bound to make a few more : mistakes on higher PE : ratio stocks.. : : Schwager : : "Do you therefore avoid high P/E ratio stocks?" : : Ryan: : : "Yes, in many cases I do. The most profitable situation is wen you find a : stock with a strong earnings trend that is trading at a PE ratio in line : with the broad market ratio. : : : Schwager: : "If you avoid high PE ratio stocks, wouldnt that have prevented you from : catching the whole biomedical group move? : : Ryan: : : That was a litle different because of the fact that the whole group was : trading at high P/E Ratios. : : Page 250 and 251. : ________________________________________________________________________ : ________________ : : : Boucher has an even stricter screen on value and growth at the same time : AND he says the same like Ryan --> the exeption is, if : a whole industry has a higher PE (Same applies for Dept). : : : : > -----Ursprungliche Nachricht----- : > Von: rolf hertenstein [SMTP:rolfh@mindspring.com] : > Gesendet am: Sunday, January 13, 2002 7:14 PM : > An: canslim@lists.xmission.com : > Betreff: Re: [CANSLIM] market direction : > : > Nothing to be sorry about! I'm here to learn from people's opinions. : > : > My take on 'value and/or growth' (from Ann's question). I always thought : > of growth as growth in earnings, sales, etc. So the trick is to find low : > P/E : > stocks with fast growth, which is the same as the low PEG ratio someone : > else mentioned. WON worry about growth and not P/E - not sure I ever : > bought that concept completely, especially now. : > : > Rolf : > : > > : > > Sorry to be so opinionated. : > > : > > Andreas : > > : > > : > > > -----Ursprungliche Nachricht----- : > > > Von: rolf hertenstein [SMTP:rolfh@mindspring.com] : > > > Gesendet am: Sunday, January 13, 2002 5:54 PM : > > > An: canslim@lists.xmission.com : > > > Betreff: Re: [CANSLIM] market direction : > > > : > > > I'm still concerned about the overall market valuation, which remains : > high. : > > > Yes, as earnings improve, market P/Es should lower, assuming prices : > > > don't accelerate faster than earnings improve. : > > > : > > > Even though WON gives little credence to P/Es, I'm adding a P : > > > (CANSLIMP ?) for the time being. I think many investors will be : spooked : > > > by high P/Es (e.g., KKD) and tend towards solid companies with : > relatively : > > > low P/Es. Just one new investor's opinion. : > > > : > > > Rolf : > > > : > > > ----- Original Message ----- : > > > From: "Dan Forant" : > > > To: : > > > Sent: Sunday, January 13, 2002 9:31 AM : > > > Subject: Re: [CANSLIM] market direction : > > > : > > > : > > > > I have been saying all along this is going to be a sloooooooowwwww, : > > > > recovery. Well into the year. All we have to do is *read* the news. : I : > > > listen : > > > > to a local analyst here named Larry King, he's with Smith Barney. A : > few : > > > > weeks ago he was calling for a quick market return. Just Friday he : > changed : > > > > course and now calls for growth but very slow. Analysts jobs from : > > > brokerage : > > > > houses are to soften the tone of bad news. They can even make it : sound : > > > good. : > > > > Sure there are stocks out there that the savvy trader may pick, but : on : > > > > average not. It takes months to years for rate and tax cuts to : filter : > into : > > > > the economy. : > > > > : > > > > DanF : > > > > : > > > > : > > > > ----- Original Message ----- : > > > > From: "Kent Norman" : > > > > To: "CANSLIM" : > > > > Sent: Sunday, January 13, 2002 10:11 AM : > > > > Subject: [CANSLIM] market direction : > > > > : > > > > : > > > > > Many "experts" are expecting the market to follow : > > > > > tradition and rise in January and go flat to down for : > > > > > a few months. Do you think this weeks 5 down days are : > > > > > meaningful? : > > > > > : > > > > > I know WON says we don't need to be concerned with : > > > > > where the market is heading, just where it is. : > > > > > : > > > > > So where is it? Is the party over? Should we all get : > > > > > out of the pool? : > > > > > : > > > > > Kent Norman : > > > > > : > > > > > : > > > > > ===== : > > > > > Opportunities always look bigger going than coming. : > > > > > : > > > > > __________________________________________________ : > > > > > Do You Yahoo!? : > > > > > Send FREE video emails in Yahoo! Mail! : > > > > > http://promo.yahoo.com/videomail/ : > > > > > : > > > > > - : > > > > > -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. : > > : > > - : > > -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. : - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Joe Maguire Subject: Re: [CANSLIM] IBD Smart Investor Date: 13 Jan 2002 16:55:12 -0800 --------------C394110668D78FF0433A61B0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit Hi Katherine............ Hi say Smart Investor might be in Thurs IBD. Thot I was only one trying to go thru past IBD's Take care Joe M Katherine Malm wrote: > Hi Tom, I was going batty because I found your profile online this > week but not in the paper...thought Smart Investor was only in > Monday's papers. Couldn't figure out why that cookie-making-ex-nurse's > photo was in your spot yesterday! Do you know if IBD has started > running these profiles twice weekly? I'm so far behind in my pile of > IBD's, don't know what I'm missing...Mon-Thur mornings I usually throw > out section B after reading the Big Picture...save section A "until I > get around to it"... Nice to finally put a real person with the voice. > Maybe the photo for your CANSLIM memoirs can be under a tree in the > Bahamas instead of that bank-vault-looking hallway...:)) Katherine --------------C394110668D78FF0433A61B0 Content-Type: text/html; charset=us-ascii Content-Transfer-Encoding: 7bit Hi Katherine............ Hi  say Smart Investor might be in Thurs IBD.   Thot I was only one trying to go thru past IBD's Take care Joe M

Katherine Malm wrote:

Hi Tom, I was going batty because I found your profile online this week but not in the paper...thought Smart Investor was only in Monday's papers. Couldn't figure out why that cookie-making-ex-nurse's photo was in your spot yesterday! Do you know if IBD has started running these profiles twice weekly? I'm so far behind in my pile of IBD's, don't know what I'm missing...Mon-Thur mornings I usually throw out section B after reading the Big Picture...save section A "until I get around to it"... Nice to finally put a real person with the voice. Maybe the photo for your CANSLIM memoirs can be under a tree in the Bahamas instead of that bank-vault-looking hallway...:)) Katherine
--------------C394110668D78FF0433A61B0-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] ASIA? Date: 13 Jan 2002 19:03:35 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_00EC_01C19C65.004F1FE0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi Joe,=20 My guess is that you didn't get the whole address, which is about 4 = lines long! Here's a shorter link to the chart I marked http://makeashorterlink.com/?R22F6694 and a view of ASIA...weekly... http://makeashorterlink.com/?F29F5294 Katherine ----- Original Message -----=20 From: Joe Maguire=20 To: canslim@lists.xmission.com=20 Sent: Sunday, January 13, 2002 6:20 PM Subject: Re: [CANSLIM] ASIA? Jans . Hello...just clicked on your chart site [yahoo]... help .. no = chart came up ..cud be operator error on my side .. [just in case = someone else had same prob. Keep up the good work.. Best .Joe Mguire San = Diego=20 Spencer48@aol.com wrote:=20 Katherine:=20 Those charts are just too cool (excuse me for my lingo: I = guess I'm=20 just a child of the 60's).=20 Would you tell how: 1) you got those graphics on Yahoo? And 2) = how did=20 you get the bold print onto the DG chart?=20 jans=20 In a message dated 1/11/2002 4:20:45 PM Eastern Standard Time,=20 kmalm@earthlink.net writes:=20 << Just an experiment, but here's a marked chart:=20 =20 = http://photos.yahoo.com/bc/katherinemalm/vwp?.dir=3D/CANSLIM&.dnm=3DASIA+= 011102.jp=20 = g&.src=3Dph&.done=3Dhttp%3a//photos.yahoo.com/bc/katherinemalm/vwp%3f.dir= =3D/CANSLIM=20 %26.dnm=3DUp%2bDn%2bRatio%2bArticle%2b123101.jpg%26.src=3Dph=20 Katherine >>=20 -=20 -To subscribe/unsubscribe, email "majordomo@xmission.com"=20 -In the email body, write "subscribe canslim" or=20 -"unsubscribe canslim". Do not use quotes in your email. ------=_NextPart_000_00EC_01C19C65.004F1FE0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Hi Joe,
 
My guess is that you didn't get the whole address, which is about 4 = lines=20 long! Here's a shorter link to the chart I marked
 
http://makeashorterlink.co= m/?R22F6694
 
and a view of ASIA...weekly...
 
http://makeashorterlink.co= m/?F29F5294
 
Katherine
----- Original Message -----
From:=20 Joe=20 Maguire
Sent: Sunday, January 13, 2002 = 6:20=20 PM
Subject: Re: [CANSLIM] = ASIA?

Jans . Hello...just clicked on your chart site = [yahoo]... help=20 .. no chart came up ..cud be operator error on my side .. [just in = case=20 someone else had same prob. Keep up the good work.. Best .Joe Mguire = San Diego=20

Spencer48@aol.com wrote:=20

Katherine:=20

     Those charts are just too cool (excuse = me for my=20 lingo:  I guess I'm
just a child of the 60's).=20

     Would you tell how: 1) you got those = graphics on=20 Yahoo?  And 2) how did
you get the bold print onto the DG = chart?=20

jans=20

In a message dated 1/11/2002 4:20:45 PM Eastern Standard Time,=20
kmalm@earthlink.net writes:=20

<< Just an experiment, but here's a marked chart: =
 =20

http://photos.yahoo.com/bc/katherinemalm/vwp?.dir=3D= /CANSLIM&.dnm=3DASIA+011102.jp=20 =

g&.src=3Dph&.done=3Dhttp%3a//photos.yahoo.com/bc/katherinemalm= /vwp%3f.dir=3D/CANSLIM=20

%26.dnm=3DUp%2bDn%2bRatio%2bArticle%2b123101.jpg%26.src=3Dph=20

 Katherine >>=20

-
-To subscribe/unsubscribe, email "majordomo@xmission.com" =
-In=20 the email body, write "subscribe canslim" or
-"unsubscribe=20 canslim".  Do not use quotes in your=20 email.

------=_NextPart_000_00EC_01C19C65.004F1FE0-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "rolf hertenstein" Subject: Re: [CANSLIM] market direction Date: 13 Jan 2002 19:00:52 -0700 Thanks all for responses. This makes comfortable sense qualitatively. I tried to put the CANSLIM 121% PE rule that Katherine mentioned in the context of a current PE to projected EPS growth (PEG) ratio but failed. The 121% rule doesn't seem to take into account projected EPS growth unless it's buried in there somewhere - I should look in the morning when I'm fresh (i.e., COFFEE). The simple (ahhhh) rule of thumb that PEG > 1 indicates over-valuation always appealed to me - not sure WON quantifies projected PE and anticipated EPS growth. Rolf P.S. I now own but haven't yet read WON's 24 lessons - maybe his version of PEG's in there. ----- Original Message ----- Sent: Sunday, January 13, 2002 1:54 PM > One minor but important correction, Rolfh, WON doesn't care about trailing > PE ratios, but cares very much about projected PE ratios. A high projected > PE won't worry him if it reflects an expectation of strong earnings growth > going forward. > > Tom Worley > stkguru@netside.net > AIM: TexWorley > ----- Original Message ----- > From: "rolf hertenstein" > To: > Sent: Sunday, January 13, 2002 11:54 AM > Subject: Re: [CANSLIM] market direction > > > > I'm still concerned about the overall market valuation, which remains > high. > > Yes, as earnings improve, market P/Es should lower, assuming prices > > don't accelerate faster than earnings improve. > > > > Even though WON gives little credence to P/Es, I'm adding a P > > (CANSLIMP ?) for the time being. I think many investors will be spooked > > by high P/Es (e.g., KKD) and tend towards solid companies with relatively > > low P/Es. Just one new investor's opinion. > > > > Rolf > > > > ----- Original Message ----- > > From: "Dan Forant" > > To: > > Sent: Sunday, January 13, 2002 9:31 AM > > Subject: Re: [CANSLIM] market direction > > > > > > > I have been saying all along this is going to be a sloooooooowwwww, > > > recovery. Well into the year. All we have to do is *read* the news. I > > listen > > > to a local analyst here named Larry King, he's with Smith Barney. A few > > > weeks ago he was calling for a quick market return. Just Friday he > changed > > > course and now calls for growth but very slow. Analysts jobs from > > brokerage > > > houses are to soften the tone of bad news. They can even make it sound > > good. > > > Sure there are stocks out there that the savvy trader may pick, but on > > > average not. It takes months to years for rate and tax cuts to filter > into > > > the economy. > > > > > > DanF > > > > > > > > > ----- Original Message ----- > > > From: "Kent Norman" > > > To: "CANSLIM" > > > Sent: Sunday, January 13, 2002 10:11 AM > > > Subject: [CANSLIM] market direction > > > > > > > > > > Many "experts" are expecting the market to follow > > > > tradition and rise in January and go flat to down for > > > > a few months. Do you think this weeks 5 down days are > > > > meaningful? > > > > > > > > I know WON says we don't need to be concerned with > > > > where the market is heading, just where it is. > > > > > > > > So where is it? Is the party over? Should we all get > > > > out of the pool? > > > > > > > > Kent Norman > > > > > > > > > > > > ===== > > > > Opportunities always look bigger going than coming. > > > > > > > > __________________________________________________ > > > > Do You Yahoo!? > > > > Send FREE video emails in Yahoo! Mail! > > > > http://promo.yahoo.com/videomail/ > > > > > > > > - > > > > -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. > > > > > > > > - > -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. ------------------------------------------------------------------------------- From: Robert Subject: [CANSLIM] Acc/Dis Numbers -- Market Stable Date: 13 Jan 2002 21:11:44 -0500 ------ =_NextPart_000_01C19C76.E8B2F200 Content-Type: text/plain; charset="us-ascii" Content-Transfer-Encoding: 7bit Here are the latest Acc/Dis numbers: spread sheet version: Date,A,B,C,D,E,% of AB/A:E,%E,Market Posture 1/2/02,1014,2552,1038,664,213,65%,4%,Market stable 1/3/02,977,2568,1083,677,213,64%,4%,Market stable 1/4/02,943,2583,1112,686,186,64%,3%,Market stable 1/7/02,986,2657,1051,646,180,66%,3%,Market stable 1/8/02,1079,2591,1069,618,177,66%,3%,Market stable 1/9/02,1092,2530,1080,651,184,65%,3%,Market stable 1/10/02,1081,2553,1091,646,185,65%,3%,Market stable 1/11/02,1070,2521,1097,664,189,65%,3%,Market stable 1/14/02,1063,2508,1123,665,188,64%,3%,Market stable Robert ------ =_NextPart_000_01C19C76.E8B2F200-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Robert Subject: RE: [CANSLIM] Our Very Own Tom Worley Makes the Big TIme!! Date: 13 Jan 2002 21:14:39 -0500 Congratulations Tom. Great article. It is nice to put a face to all the great posts you make. Robert - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: larry l worden Subject: Re: [CANSLIM] Opinions on KKD? Date: 13 Jan 2002 19:19:28 -0800 This message is in MIME format. Since your mail reader does not understand this format, some or all of this message may not be legible. ----__JNP_000_73f4.2bb2.1b1f Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit I give up. What is a LLUR chart pattern? thanks Larry On Sun, 13 Jan 2002 15:16:56 -0600 "Katherine Malm" writes: Hi all, Here's the summary page from the IBD seminar on analysis of tops. It shows the typical pattern of 1st, 2nd, 3rd stage bases before failure. http://makeashorterlink.com/?U11123B4 I think jans pointed this out a minute ago, but be careful to distinguish between normal "wiggles" on the ascent up and a "true" base where the stock pauses, consolidates its prior up move and then breaks out to a fresh advance. Also remember that big corrections reset the base count. Katherine ----- Original Message ----- Sent: Sunday, January 13, 2002 2:28 PM Rolf: I've had trouble identifying relevant bases in the stock's past because I never understood that WON gave a precise definition of 3rd, 4th or 5th stage bases. According to Friday's 1/11/02 Investors Corner (which I'm basing my analysis of KKD on), KKD is in the throes of its 3rd base (I suppose that one can see weakness in the stock in this type of pattern- afterwards-because if the stock is basing for the 3 or 4th time, then it will likely be an LLUR. And-and as I understood Tom pointing out-once the LLUR changes it's angle, it is likely topping out (this would make it consistent with WON's admonition to avoid stocks with 4th or 5th stage bases). The salient passages of the Investors Corner article for me was this: "... A stock need rise only 25% or more from its pivot to trigger a new-stage base above it. As long as the new base doesn't undercut the lows of the prior consolidation, add another checkmark to your list of bases. Few stocks ever get to form late-stage bases. Only the best can break out of well-formed bases again and again, stacking gains on top of gains." My view of KKD and the bases it has formed comes from DG (the daily version. I imagine that day bases would affect the stock more in the short-term, and weekly bases would affect the stock more in the intermediate-to-long term). Anyway, these are the bases that I see: 1st Base: 10/23-11/1; 2nd Base: 11/20-1129; 3rd Base: Began 12/28. As far as differentiating between "a sloppy base" and those that aren't, I don't know how this can be done-except afterwards, and with a lot of subjectivity. I must admit, though, the Investor Corner definition would make it appear that long cups (with a right LLUR leg that leads to a right lip) would make the Handle of this C&H suspect. So,then, one wonders if this means that an LLUR which leads to the Handle of a Long Cup can be disregarded as pointing to a potentially weak stock-if the LLUR has 3rd, 4th, or 5th stage bases (and, I would think that nearly ALL LLURs are subject to these bases, which I would call: Corrections or Retracements. Thus, when does a new base count begin: When the stock has Broken Out of its Handle? jans In a message dated 1/13/2002 8:44:39 AM Eastern Standard Time, rolfh@mindspring.com writes: << For my edification, could you tell me the period in which you see the 3 bases? Depending on whether I look at 6 month, 1 year, or 2 year charts, I see a variety of what I might call a base, some sloppy, some not. Thanks! Rolf >> - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ----__JNP_000_73f4.2bb2.1b1f Content-Type: text/html; charset=us-ascii Content-Transfer-Encoding: quoted-printable
       I give up. What is a LLUR chart=20 pattern?    thanks Larry
 
On Sun, 13 Jan 2002 15:16:56 -0600 "Katherine Malm" <kmalm@earthlink.net> writes:
Hi all,
 
Here's the summary page from the IBD seminar on analysis of tops. It= =20 shows the typical pattern of 1st, 2nd, 3rd stage bases before failure.
 
http://makeashorterlink.= com/?U11123B4
 
I think jans pointed this out a minute ago, but be careful to = distinguish=20 between normal "wiggles" on the ascent up and a "true" base where the = stock=20 pauses, consolidates its prior up move and then breaks out to a=20 fresh advance. Also remember that big corrections reset the base=20 count.
 
Katherine
----- Original Message -----
= Spencer48@aol.com
Sent: Sunday, January 13, 2002 2= :28=20 PM
Subject: Re: [CANSLIM] Opinions = on=20 KKD?

Rolf:

     I've had trouble=20 identifying relevant bases in the stock's past because
I never=20 understood that WON gave a precise definition of 3rd, 4th or 5th
= stage=20 bases. 

     According to Friday's 1/= 11/02=20 Investors Corner (which I'm basing my
analysis of KKD on), KKD is = in the=20 throes of its 3rd base (I suppose that one
can see weakness in the = stock=20 in this type of pattern- afterwards-because if
the stock is basing = for=20 the 3 or 4th time, then it will likely be an LLUR. 
And-and as= I=20 understood Tom pointing out-once the LLUR changes it's angle, it
is= =20 likely topping out (this would make it consistent with WON's admonition= to=20
avoid stocks with 4th or 5th stage bases). =20
    
     The salient=20 passages of the Investors Corner article for me was this:
"... A = stock=20 need rise only 25% or more from its pivot to trigger a new-stage
= base=20 above it. As long as the new base doesn't undercut the lows of the = prior=20
consolidation, add another checkmark to your list of bases. Few = stocks=20 ever
get to form late-stage bases. Only the best can break out of=20 well-formed
bases again and again, stacking gains on top of=20 gains."

     My view of KKD and the bases it= has=20 formed comes from DG (the daily
version.  I imagine that day = bases=20 would affect the stock more in the
short-term, and weekly bases = would=20 affect the stock more in the
intermediate-to-long term).  = Anyway,=20 these are the bases that I see:  1st
Base: 10/23-11/1; 2nd = Base:=20 11/20-1129; 3rd Base: Began 12/28.  As far as
differentiating= =20 between "a sloppy base" and those that aren't, I don't know
how = this can=20 be done-except afterwards, and with a lot of subjectivity.  I
= must=20 admit, though, the Investor Corner definition would make it appear that= =20
long cups (with a right LLUR leg that leads to a right lip) would = make=20 the
Handle of this C&H suspect.  So,then, one wonders if = this=20 means that an LLUR
which leads to the Handle of a Long Cup can be=20 disregarded as pointing to a
potentially weak stock-if the LLUR has= 3rd,=20 4th, or 5th stage bases (and, I
would think that nearly ALL LLURs = are=20 subject to these bases, which I would
call: Corrections or=20 Retracements.   Thus, when does a new base count begin: = =20
When the stock has Broken Out of its Handle?

jans

In a=20 message dated 1/13/2002 8:44:39 AM Eastern Standard Time,
rolfh@mindspring.com=20 writes:

<< For my edification, could you tell me the = period in=20 which you see the 3
 bases?
 Depending on whether I = look at=20 6 month, 1 year, or 2 year charts, I see
 a variety of what I = might=20 call a base, some sloppy, some=20 not.
 
 Thanks!
   Rolf
 =20 >>

-
-To subscribe/unsubscribe, email "majordomo@xmission.com"
-= In the=20 email body, write "subscribe canslim" or
-"unsubscribe canslim".&= nbsp; Do=20 not use quotes in your email.
 
----__JNP_000_73f4.2bb2.1b1f-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Perry Stanfield" Subject: Re: [CANSLIM] Opinions on KKD? Date: 13 Jan 2002 22:37:14 -0800 This is a multi-part message in MIME format. ------=_NextPart_000_000B_01C19C82.D9107320 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Lower Left Upper Right pattern, a term coined within this group. = Basically a tightly trending chart without breaking out of its trend. = A more thorough explanation will likely follow. Wish I had a share of KKD for every time someone asked what a LLUR was. = It's not exactly intuitive, is it? Perry ----- Original Message -----=20 From: larry l worden=20 To: canslim@lists.xmission.com=20 Sent: Sunday, January 13, 2002 7:19 PM Subject: Re: [CANSLIM] Opinions on KKD? I give up. What is a LLUR chart pattern? thanks Larry On Sun, 13 Jan 2002 15:16:56 -0600 "Katherine Malm" = writes: Hi all, Here's the summary page from the IBD seminar on analysis of tops. It = shows the typical pattern of 1st, 2nd, 3rd stage bases before failure. http://makeashorterlink.com/?U11123B4 I think jans pointed this out a minute ago, but be careful to = distinguish between normal "wiggles" on the ascent up and a "true" base = where the stock pauses, consolidates its prior up move and then breaks = out to a fresh advance. Also remember that big corrections reset the = base count. Katherine ----- Original Message -----=20 From: Spencer48@aol.com=20 To: canslim@lists.xmission.com=20 Sent: Sunday, January 13, 2002 2:28 PM Subject: Re: [CANSLIM] Opinions on KKD? Rolf: I've had trouble identifying relevant bases in the stock's = past because=20 I never understood that WON gave a precise definition of 3rd, 4th = or 5th=20 stage bases. =20 According to Friday's 1/11/02 Investors Corner (which I'm = basing my=20 analysis of KKD on), KKD is in the throes of its 3rd base (I = suppose that one=20 can see weakness in the stock in this type of pattern- = afterwards-because if=20 the stock is basing for the 3 or 4th time, then it will likely be = an LLUR. =20 And-and as I understood Tom pointing out-once the LLUR changes = it's angle, it=20 is likely topping out (this would make it consistent with WON's = admonition to=20 avoid stocks with 4th or 5th stage bases). =20 =20 The salient passages of the Investors Corner article for me = was this:=20 "... A stock need rise only 25% or more from its pivot to trigger = a new-stage=20 base above it. As long as the new base doesn't undercut the lows = of the prior=20 consolidation, add another checkmark to your list of bases. Few = stocks ever=20 get to form late-stage bases. Only the best can break out of = well-formed=20 bases again and again, stacking gains on top of gains." My view of KKD and the bases it has formed comes from DG (the = daily=20 version. I imagine that day bases would affect the stock more in = the=20 short-term, and weekly bases would affect the stock more in the=20 intermediate-to-long term). Anyway, these are the bases that I = see: 1st=20 Base: 10/23-11/1; 2nd Base: 11/20-1129; 3rd Base: Began 12/28. As = far as=20 differentiating between "a sloppy base" and those that aren't, I = don't know=20 how this can be done-except afterwards, and with a lot of = subjectivity. I=20 must admit, though, the Investor Corner definition would make it = appear that=20 long cups (with a right LLUR leg that leads to a right lip) would = make the=20 Handle of this C&H suspect. So,then, one wonders if this means = that an LLUR=20 which leads to the Handle of a Long Cup can be disregarded as = pointing to a=20 potentially weak stock-if the LLUR has 3rd, 4th, or 5th stage = bases (and, I=20 would think that nearly ALL LLURs are subject to these bases, = which I would=20 call: Corrections or Retracements. Thus, when does a new base = count begin: =20 When the stock has Broken Out of its Handle? jans In a message dated 1/13/2002 8:44:39 AM Eastern Standard Time,=20 rolfh@mindspring.com writes: << For my edification, could you tell me the period in which you = see the 3 bases? Depending on whether I look at 6 month, 1 year, or 2 year charts, = I see a variety of what I might call a base, some sloppy, some not. =20 Thanks! Rolf >> - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------=_NextPart_000_000B_01C19C82.D9107320 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Lower Left Upper Right pattern, a term = coined=20 within this group.   Basically a tightly trending chart  = without=20 breaking out of its trend.  A more thorough explanation will likely = follow.
Wish I had a share of KKD for every = time someone=20 asked what a LLUR was.  It's not exactly intuitive, is = it?
 
Perry
 
 
----- Original Message -----
From:=20 larry l = worden=20
Sent: Sunday, January 13, 2002 = 7:19=20 PM
Subject: Re: [CANSLIM] Opinions = on=20 KKD?

       I give up. What is a LLUR = chart=20 pattern?    thanks Larry
 
On Sun, 13 Jan 2002 15:16:56 -0600 "Katherine Malm" <kmalm@earthlink.net> = writes:
Hi all,
 
Here's the summary page from the IBD seminar on analysis of = tops. It=20 shows the typical pattern of 1st, 2nd, 3rd stage bases before = failure.
 
http://makeashorterlink.co= m/?U11123B4
 
I think jans pointed this out a minute ago, but be careful to=20 distinguish between normal "wiggles" on the ascent up and a "true" = base=20 where the stock pauses, consolidates its prior up move and then = breaks out=20 to a fresh advance. Also remember that big corrections reset = the base=20 count.
 
Katherine
----- Original Message ----- =
From:=20 Spencer48@aol.com
To: canslim@lists.xmission.com= =20
Sent: Sunday, January 13, = 2002 2:28=20 PM
Subject: Re: [CANSLIM] = Opinions on=20 KKD?

Rolf:

     I've had = trouble=20 identifying relevant bases in the stock's past because
I never = understood that WON gave a precise definition of 3rd, 4th or 5th =
stage=20 bases. 

     According to = Friday's=20 1/11/02 Investors Corner (which I'm basing my
analysis of KKD = on), KKD=20 is in the throes of its 3rd base (I suppose that one
can see = weakness=20 in the stock in this type of pattern- afterwards-because if =
the stock=20 is basing for the 3 or 4th time, then it will likely be an = LLUR. =20
And-and as I understood Tom pointing out-once the LLUR changes = it's=20 angle, it
is likely topping out (this would make it consistent = with=20 WON's admonition to
avoid stocks with 4th or 5th stage = bases). =20
    
     The = salient=20 passages of the Investors Corner article for me was this:
"... = A stock=20 need rise only 25% or more from its pivot to trigger a new-stage =
base=20 above it. As long as the new base doesn't undercut the lows of the = prior=20
consolidation, add another checkmark to your list of bases. = Few stocks=20 ever
get to form late-stage bases. Only the best can break out = of=20 well-formed
bases again and again, stacking gains on top of=20 gains."

     My view of KKD and the = bases it=20 has formed comes from DG (the daily
version.  I imagine = that day=20 bases would affect the stock more in the
short-term, and = weekly bases=20 would affect the stock more in the
intermediate-to-long = term). =20 Anyway, these are the bases that I see:  1st
Base: = 10/23-11/1;=20 2nd Base: 11/20-1129; 3rd Base: Began 12/28.  As far as=20
differentiating between "a sloppy base" and those that aren't, = I don't=20 know
how this can be done-except afterwards, and with a lot of = subjectivity.  I
must admit, though, the Investor Corner=20 definition would make it appear that
long cups (with a right = LLUR leg=20 that leads to a right lip) would make the
Handle of this = C&H=20 suspect.  So,then, one wonders if this means that an LLUR =
which=20 leads to the Handle of a Long Cup can be disregarded as pointing = to a=20
potentially weak stock-if the LLUR has 3rd, 4th, or 5th stage = bases=20 (and, I
would think that nearly ALL LLURs are subject to these = bases,=20 which I would
call: Corrections or Retracements.   = Thus,=20 when does a new base count begin: 
When the stock has = Broken Out=20 of its Handle?

jans


In a message dated 1/13/2002 = 8:44:39=20 AM Eastern Standard Time,
rolfh@mindspring.com=20 writes:

<< For my edification, could you tell me the = period=20 in which you see the 3
 bases?
 Depending on = whether I=20 look at 6 month, 1 year, or 2 year charts, I see
 a = variety of=20 what I might call a base, some sloppy, some=20 not.
 
 Thanks!
   Rolf
 =20 >>

-
-To subscribe/unsubscribe, email "majordomo@xmission.com"
-In= =20 the email body, write "subscribe canslim" or
-"unsubscribe=20 canslim".  Do not use quotes in your email.
 
------=_NextPart_000_000B_01C19C82.D9107320-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: [CANSLIM] Off Topic - Computer Security Date: 14 Jan 2002 02:44:10 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_007F_01C19CA5.58060150 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable I have always been very conscious of the hazards presented by the many = hours I spend connected to the net, as well as the volume of email I = receive. On my old PC, I ran Computer Associates antivirus, although I = was not so good at keeping it up to date. My new PC uses Norton, and it seems to be very effective, having already = detected and quarantined several viruses attached to emails just in the = few weeks I have been using it. I also like the fact that it scans all = my OUTGOING emails for viruses before sending. Tonight, I checked my PC for security against hackers and unauthorized = access, and was pleased with the results. Total stealth mode with the = firewall that came on the PC. If you are interested in checking your PC, = here's the info: Visit the Gibson Research Corporation page to get all kinds of technical information. One big attraction at the site is the "Shields Up!!" page. You can visit this page to see how secure you really are on the Internet. Go to the site (link provided below this tip) and click on Shields Up!! Click Test My Shields! and wait for the results. Next, click Probe My Ports! and see how you do. By the way, the port probe is much faster now. Click here to visit Gibson Research Corp! http://www.grc.com Tom Worley stkguru@netside.net AIM: TexWorley ------=_NextPart_000_007F_01C19CA5.58060150 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
I have always been very conscious of the hazards = presented=20 by the many hours I spend connected to the net, as well as the volume of = email I=20 receive. On my old PC, I ran Computer Associates antivirus, although I = was not=20 so good at keeping it up to date.
 
My new PC uses Norton, and it seems to be very = effective,=20 having already detected and quarantined several viruses attached to = emails just=20 in the few weeks I have been using it.  I also like the fact that = it scans=20 all my OUTGOING emails for viruses before sending.
 
Tonight, I checked my PC for security against = hackers and=20 unauthorized access, and was pleased with the results. Total stealth = mode with=20 the firewall that came on the PC. If you are interested in checking your = PC,=20 here's the info:
 
Visit the Gibson = Research=20 Corporation page to get all kinds
of technical information. One big=20 attraction at the site is
the "Shields Up!!" page. You can visit this = page to=20 see how
secure you really are on the Internet. Go to the site=20 (link
provided below this tip) and click on Shields Up!! = Click
Test My=20 Shields! and wait for the results. Next, click
Probe My Ports! and = see how=20 you do. By the way, the port
probe is much faster now.

Click = here to=20 visit Gibson Research Corp!
http://www.grc.com
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
------=_NextPart_000_007F_01C19CA5.58060150-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Patrick Wahl" Subject: [CANSLIM] Market Sentiment Date: 14 Jan 2002 08:03:59 -0700 Bearish sentiment is reportedly at 3 year lows, which of course is taken to be a contrarian indicator and means the market is overbought. Here is a chart of investor sentiment - http://www.mrci.com/lbr/charts/20020114/6.htm - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Dave" Subject: RE: [CANSLIM] ASIA? Date: 14 Jan 2002 10:11:44 -0500 In a nutshell, with ASIA I convinced myself to take a gamble with the chart formation because there were things I liked about the stock: - Although the Internet/Network Security group is not in favor now, I feel it will be one of the first tech groups to recover, and recover strongly. - China continues to be a growth area for Internet and wireless technology. Other stocks with significant interest in China, such as UTSI, have broken out recently. - I think the Nasdaq will continue to do well for a few months and I'm trying to put some cash to work. - Despite the sloppy handle, I still think it is a great chart. DFXI had a sloppier handle and is still holding its breakout. ASIA's volume on 1/7 and beyond was well above average. - Having missed the ASIA breakout on 1/7 I had it on my watchlist for a pullback. In hindsight, buying breakout pullbacks, especially in this market, is not a safe strategy. The high volume alone should have made me more cautious. But I decided to take the risk, using a tight stop. This group was very helpful by pointing out the weaknesses that I knew about, and some that I didn't. Although I'm not a CANSLIM purist and will use other strategies from time to time, I was clearly buying ASIA as a CANSLIM breakout and this group helped me to put that decision in the right perspective. I'm still watching ASIA. Although technically the breakout failed I think it is doing well to stay above 19.6, the low on breakout day. If the last few days of market weakness is just a brief pullback in an uptrend, ASIA still has a good chance of moving higher. Nevertheless, in this market, I have seen yet another example that second-chance buy opportunities usually do not work out. If you miss a breakout, move on. If you catch a breakout and the stock shows signs of weakness, be very cautious. This is not a bull market by any stretch. > -----Original Message----- > From: owner-canslim@lists.xmission.com > [mailto:owner-canslim@lists.xmission.com]On Behalf Of Tom Worley > Sent: Friday, January 11, 2002 11:58 PM > To: canslim@lists.xmission.com > Subject: Re: [CANSLIM] ASIA? > > > Dave, the only way you truly lose is if you are not able to > learn from the > experience. I know I would be interested, and suspect many other members > would also be interested, in you doing a retrospective piece on > ASIA. There > has been lots of discussion and feedback today and prior. Would be > interested in your thoughts on the experience, what you may have learned > from the group's comments you didn't know or see when you > bought it, what > you may do differently on this or another stock in the future, > and what else > you may have learned from it. > > Tom Worley > stkguru@netside.net > AIM: TexWorley > ----- Original Message ----- > From: "Dave" > To: > Sent: Friday, January 11, 2002 9:41 AM > Subject: RE: [CANSLIM] ASIA? > > > > You all win, I lose. This is clearly a failed breakout now. Out with a > > small loss, and another lesson learned :) > > > > > > -- > > Dave > > > > > > - > > -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. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: [CANSLIM] Asia, UpDn Ratio, RSR and oh...Tom Worley! Date: 14 Jan 2002 10:58:16 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_00EF_01C19CEA.5E444FA0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi all, Just some housekeeping to let you know I've moved some recent files to = Jeff's CANSLIM site: ASIA daily chart marked up during recent threads: = http://WallStreet-LLC.com/pub/ASIA_011102.jpg ASIA weekly chart: http://WallStreet-LLC.com/pub/ASIA_wkly_011102.jpg=20 Up/Dn Volume Ration Article (IBD): = http://WallStreet-LLC.com/pub/UpDnRatio123101.jpg Technical tops (IBD seminar) posted during KKD discussion: = http://WallStreet-LLC.com/pub/AnalysisofTops.jpg Rubberband Sell Rule calculation spreadsheet (recently updated with some = charts to show examples): http://WallStreet-LLC.com/pub/Rubberband_Sell_Rule_Calc.xls A side note: I was first made aware of this in early 2000 when reading = the Kuhn/Marder Intermediate term trading course at TradingMarkets.com. = They mentioned it as an "aside" in sell rule discussions. I picked it up = as an enhancement to WON's vague sell rule #34 in HTMMIS. As it turns = out, the enhancement originates from Ian Woodward of = HighGrowthStockInvesting. He has a further enhancement called the High = Jump Indicator if you would like to pursue this further. I like the name = I gave it when I adopted it 2 years ago (before I knew about HGS) and am = sticking by it! Tom Worley's picture from the recent Smart Investor article: = http://WallStreet-LLC.com/pub/TomWorley011002.jpg=20 Katherine ------=_NextPart_000_00EF_01C19CEA.5E444FA0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Hi all,
 
Just some housekeeping to let you know I've moved some recent files = to=20 Jeff's CANSLIM site:
 
ASIA daily chart marked up during recent threads: http://WallStreet-= LLC.com/pub/ASIA_011102.jpg
ASIA weekly chart: http://WallSt= reet-LLC.com/pub/ASIA_wkly_011102.jpg=20
 
Up/Dn Volume Ration Article (IBD): http://WallStr= eet-LLC.com/pub/UpDnRatio123101.jpg
Technical tops (IBD seminar) posted during KKD discussion: http://WallStre= et-LLC.com/pub/AnalysisofTops.jpg
 
Rubberband Sell Rule calculation spreadsheet (recently updated with = some=20 charts to show examples):
http= ://WallStreet-LLC.com/pub/Rubberband_Sell_Rule_Calc.xls
A side note: I was first made aware of this in early 2000 when = reading the=20 Kuhn/Marder Intermediate term trading course at TradingMarkets.com. They = mentioned it as an "aside" in sell rule discussions. I picked it up as = an=20 enhancement to WON's vague sell rule #34 in HTMMIS. As it turns out, the = enhancement originates from Ian Woodward of HighGrowthStockInvesting. He = has a=20 further enhancement called the High Jump Indicator if you would like to = pursue=20 this further. I like the name I gave it when I adopted it 2 years ago = (before I=20 knew about HGS) and am sticking by it!
 
Tom Worley's = picture=20 from the recent Smart Investor article: http://WallStr= eet-LLC.com/pub/TomWorley011002.jpg=20
 
 
Katherine
------=_NextPart_000_00EF_01C19CEA.5E444FA0-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Joe Maguire Subject: Re: [CANSLIM] ASIA? Date: 14 Jan 2002 09:31:47 -0800 --------------76C5ACC4C22297802B240D59 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit Katherine..thx ,shorter link worked ,Joe M Katherine Malm wrote: > Hi Joe, My guess is that you didn't get the whole address, which is > about 4 lines long! Here's a shorter link to the chart I > marked http://makeashorterlink.com/?R22F6694 and a view of > ASIA...weekly... http://makeashorterlink.com/?F29F5294 Katherine > > ----- Original Message ----- > From: Joe Maguire > To: canslim@lists.xmission.com > Sent: Sunday, January 13, 2002 6:20 PM > Subject: Re: [CANSLIM] ASIA? > Jans . Hello...just clicked on your chart site [yahoo]... > help .. no chart came up ..cud be operator error on my side > .. [just in case someone else had same prob. Keep up the > good work.. Best .Joe Mguire San Diego > > Spencer48@aol.com wrote: > > > Katherine: > > > > Those charts are just too cool (excuse me for my > > lingo: I guess I'm > > just a child of the 60's). > > > > Would you tell how: 1) you got those graphics on > > Yahoo? And 2) how did > > you get the bold print onto the DG chart? > > > > jans > > > > In a message dated 1/11/2002 4:20:45 PM Eastern Standard > > Time, > > kmalm@earthlink.net writes: > > > > << Just an experiment, but here's a marked chart: > > > > > > h > > tp://photos.yahoo.com/bc/katherinemalm/vwp?.dir=/CANSLIM&.dnm=ASIA+011102.jp > > > > g&.src=ph&.done=http%3a//photos.yahoo.com/bc/katherinemalm/vwp%3f.dir=/CANSLIM > > > > %26.dnm=Up%2bDn%2bRatio%2bArticle%2b123101.jpg%26.src=ph > > > > Katherine >> > > > > - > > -To subscribe/unsubscribe, email "majordomo@xmission.com" > > -In the email body, write "subscribe canslim" or > > -"unsubscribe canslim". Do not use quotes in your email. > --------------76C5ACC4C22297802B240D59 Content-Type: text/html; charset=us-ascii Content-Transfer-Encoding: 7bit Katherine..thx ,shorter link worked ,Joe M

Katherine Malm wrote:

Hi Joe, My guess is that you didn't get the whole address, which is about 4 lines long! Here's a shorter link to the chart I marked http://makeashorterlink.com/?R22F6694 and a view of ASIA...weekly... http://makeashorterlink.com/?F29F5294 Katherine
----- Original Message -----
Sent: Sunday, January 13, 2002 6:20 PM
Subject: Re: [CANSLIM] ASIA?
 Jans . Hello...just clicked on your chart site [yahoo]... help .. no chart came up ..cud be operator error on my side .. [just in case someone else had same prob. Keep up the good work.. Best .Joe Mguire San Diego

Spencer48@aol.com wrote:

Katherine:

     Those charts are just too cool (excuse me for my lingo:  I guess I'm
just a child of the 60's).

     Would you tell how: 1) you got those graphics on Yahoo?  And 2) how did
you get the bold print onto the DG chart?

jans

In a message dated 1/11/2002 4:20:45 PM Eastern Standard Time,
kmalm@earthlink.net writes:

<< Just an experiment, but here's a marked chart:
 

http://photos.yahoo.com/bc/katherinemalm/vwp?.dir=/CANSLIM&.dnm=ASIA+011102.jp

g&.src=ph&.done=http%3a//photos.yahoo.com/bc/katherinemalm/vwp%3f.dir=/CANSLIM

%26.dnm=Up%2bDn%2bRatio%2bArticle%2b123101.jpg%26.src=ph

 Katherine >>

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

--------------76C5ACC4C22297802B240D59-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Spencer48@aol.com Subject: Re: [CANSLIM] ASIA? Date: 14 Jan 2002 13:12:40 EST Joe: It wasn't my chart site, it is Katherine's. jans In a message dated 1/13/2002 7:20:31 PM Eastern Standard Time, firedudejoe@earthlink.net writes: << Jans . Hello...just clicked on your chart site [yahoo]... help .. no chart came up ..cud be operator error on my side .. [just in case someone else had same prob. Keep up the good work.. Best .Joe Mguire San Diego >> - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Joe Maguire Subject: Re: [CANSLIM] Off Topic - Computer Security Date: 14 Jan 2002 10:39:59 -0800 --------------9397F2CBAD63A253723815F9 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit Tom.. Belated congrats. on IBD article .More importantly...again Thank you for your market commentary on this site ....good & ABOVE average . Re gibson.. thx good site .. Fyi a good firewall "intrusion dection system" maybe worth checking is BlackICE. Best, Joe Maguire, San Diego Tom Worley wrote: > I have always been very conscious of the hazards presented by the many > hours I spend connected to the net, as well as the volume of email I > receive. On my old PC, I ran Computer Associates antivirus, although I > was not so good at keeping it up to date. My new PC uses Norton, and > it seems to be very effective, having already detected and quarantined > several viruses attached to emails just in the few weeks I have been > using it. I also like the fact that it scans all my OUTGOING emails > for viruses before sending. Tonight, I checked my PC for security > against hackers and unauthorized access, and was pleased with the > results. Total stealth mode with the firewall that came on the PC. If > you are interested in checking your PC, here's the info: Visit the > Gibson Research Corporation page to get all kinds > of technical information. One big attraction at the site is > the "Shields Up!!" page. You can visit this page to see how > secure you really are on the Internet. Go to the site (link > provided below this tip) and click on Shields Up!! Click > Test My Shields! and wait for the results. Next, click > Probe My Ports! and see how you do. By the way, the port > probe is much faster now. > > Click here to visit Gibson Research Corp! > http://www.grc.com Tom Worley > stkguru@netside.net > AIM: TexWorley --------------9397F2CBAD63A253723815F9 Content-Type: text/html; charset=us-ascii Content-Transfer-Encoding: 7bit Tom.. Belated congrats. on IBD article .More importantly...again Thank you for your market commentary on this site ....good & ABOVE average  . Re gibson.. thx good site .. Fyi  a good firewall "intrusion dection system" maybe worth checking is BlackICE.
 Best, Joe Maguire, San Diego
Tom Worley wrote:
I have always been very conscious of the hazards presented by the many hours I spend connected to the net, as well as the volume of email I receive. On my old PC, I ran Computer Associates antivirus, although I was not so good at keeping it up to date. My new PC uses Norton, and it seems to be very effective, having already detected and quarantined several viruses attached to emails just in the few weeks I have been using it.  I also like the fact that it scans all my OUTGOING emails for viruses before sending. Tonight, I checked my PC for security against hackers and unauthorized access, and was pleased with the results. Total stealth mode with the firewall that came on the PC. If you are interested in checking your PC, here's the info: Visit the Gibson Research Corporation page to get all kinds
of technical information. One big attraction at the site is
the "Shields Up!!" page. You can visit this page to see how
secure you really are on the Internet. Go to the site (link
provided below this tip) and click on Shields Up!! Click
Test My Shields! and wait for the results. Next, click
Probe My Ports! and see how you do. By the way, the port
probe is much faster now.

Click here to visit Gibson Research Corp!
http://www.grc.com Tom Worley
stkguru@netside.net
AIM: TexWorley

--------------9397F2CBAD63A253723815F9-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Dave Cameron Subject: Re: [CANSLIM] IBD Smart Investor Date: 14 Jan 2002 12:10:33 -0800 (PST) Tom is on page B15 of Thurs, Jan 10 edition. ===== Dave Cameron dfcameron@yahoo.com __________________________________________________ Do You Yahoo!? Send FREE video emails in Yahoo! Mail! http://promo.yahoo.com/videomail/ - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Surindra" Subject: RE: [CANSLIM] Asia, UpDn Ratio, RSR and oh...Tom Worley! Date: 14 Jan 2002 17:50:29 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_005F_01C19D23.F5245620 Content-Type: text/plain; charset="US-ASCII" Content-Transfer-Encoding: 7bit Nice Tie Tom ;-) -----Original Message----- [mailto:owner-canslim@lists.xmission.com] On Behalf Of Katherine Malm Sent: Monday, January 14, 2002 11:58 AM Hi all, Just some housekeeping to let you know I've moved some recent files to Jeff's CANSLIM site: ASIA daily chart marked up during recent threads: http://WallStreet-LLC.com/pub/ASIA_011102.jpg ASIA weekly chart: http://WallStreet-LLC.com/pub/ASIA_wkly_011102.jpg Up/Dn Volume Ration Article (IBD): http://WallStreet-LLC.com/pub/UpDnRatio123101.jpg Technical tops (IBD seminar) posted during KKD discussion: http://WallStreet-LLC.com/pub/AnalysisofTops.jpg Rubberband Sell Rule calculation spreadsheet (recently updated with some charts to show examples): http://WallStreet-LLC.com/pub/Rubberband_Sell_Rule_Calc.xls A side note: I was first made aware of this in early 2000 when reading the Kuhn/Marder Intermediate term trading course at TradingMarkets.com. They mentioned it as an "aside" in sell rule discussions. I picked it up as an enhancement to WON's vague sell rule #34 in HTMMIS. As it turns out, the enhancement originates from Ian Woodward of HighGrowthStockInvesting. He has a further enhancement called the High Jump Indicator if you would like to pursue this further. I like the name I gave it when I adopted it 2 years ago (before I knew about HGS) and am sticking by it! Tom Worley's picture from the recent Smart Investor article: http://WallStreet-LLC.com/pub/TomWorley011002.jpg Katherine ------=_NextPart_000_005F_01C19D23.F5245620 Content-Type: text/html; charset="US-ASCII" Content-Transfer-Encoding: quoted-printable Message
Nice Tie Tom=20 ;-)
-----Original Message-----
From:=20 owner-canslim@lists.xmission.com = [mailto:owner-canslim@lists.xmission.com]=20 On Behalf Of Katherine Malm
Sent: Monday, January 14, = 2002=20 11:58 AM
To: canslim@lists.xmission.com
Subject: = [CANSLIM]=20 Asia, UpDn Ratio, RSR and oh...Tom Worley!

Hi all,
 
Just some housekeeping to let you know I've moved some recent = files to=20 Jeff's CANSLIM site:
 
ASIA daily chart marked up during recent threads: http://WallStreet-= LLC.com/pub/ASIA_011102.jpg
ASIA weekly chart: http://WallSt= reet-LLC.com/pub/ASIA_wkly_011102.jpg=20
 
Up/Dn Volume Ration Article (IBD): http://WallStr= eet-LLC.com/pub/UpDnRatio123101.jpg
Technical tops (IBD seminar) posted during KKD discussion: http://WallStre= et-LLC.com/pub/AnalysisofTops.jpg
 
Rubberband Sell Rule calculation spreadsheet (recently updated = with some=20 charts to show examples):
http= ://WallStreet-LLC.com/pub/Rubberband_Sell_Rule_Calc.xls
A side note: I was first made aware of this in early 2000 when = reading=20 the Kuhn/Marder Intermediate term trading course at = TradingMarkets.com. They=20 mentioned it as an "aside" in sell rule discussions. I picked it up as = an=20 enhancement to WON's vague sell rule #34 in HTMMIS. As it turns out, = the=20 enhancement originates from Ian Woodward of HighGrowthStockInvesting. = He has a=20 further enhancement called the High Jump Indicator if you would like = to pursue=20 this further. I like the name I gave it when I adopted it 2 years ago = (before=20 I knew about HGS) and am sticking by it!
 
Tom Worley's = picture=20 from the recent Smart Investor article: http://WallStr= eet-LLC.com/pub/TomWorley011002.jpg=20
 
 
Katherine
------=_NextPart_000_005F_01C19D23.F5245620-- _________________________________________________________ Do You Yahoo!? Get your free @yahoo.com address at http://mail.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. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: [CANSLIM] Diss Day Date: 15 Jan 2002 02:04:23 +0100 Another Diss Day today. This is the 3rd since 12/20/01 and the aprox. 11th since 10/03/01(follow through day, which was a great call by IBD by the way). 50 MA is not far (around 1950). My Portfolio (FDS, DFXI, TTIL, MME) is doing well, but my watchlist (Canslim stocks) get hammered since last Thursday (GISX, DYII, UTSI, ECTX etc.). Small Caps out of COMPUTER SFTWR-ENTERPRSE are doing well (DOCC) but elswere I can not find a lot new opportunities.... Uptrending (that did well in the last days) Industry Groups ---> BANKS-NORTHEAST (SIB, SASR, FMAR) RETAIL-MISC/DIVERSIFIED Retail Restaurants Do you find right now a lot of opportunities? - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Robert Subject: RE: [CANSLIM] Off Topic - Computer Security Date: 14 Jan 2002 20:14:31 -0500 Zone alarm which can be downloaded at zonelabs.com is a great free firewall that does well in protection as tested by GRC.com robert -----Original Message----- Sent: Monday, January 14, 2002 2:44 AM I have always been very conscious of the hazards presented by the many hours I spend connected to the net, as well as the volume of email I receive. On my old PC, I ran Computer Associates antivirus, although I was not so good at keeping it up to date. My new PC uses Norton, and it seems to be very effective, having already detected and quarantined several viruses attached to emails just in the few weeks I have been using it. I also like the fact that it scans all my OUTGOING emails for viruses before sending. Tonight, I checked my PC for security against hackers and unauthorized access, and was pleased with the results. Total stealth mode with the fi rewall that came on the PC. If you are interested in checking your PC, here's the info: Visit the Gibson Research Corporation page to get all kinds of technical information. One big attraction at the site is the "Shields Up!!" page. You can visit this page to see how secure you really are on the Internet. Go to the site (link provided below this tip) and click on Shields Up!! Click Test My Shields! and wait for the results. Next, click Probe My Ports! and see how you do. By the way, the port probe is much faster now. Click here to visit Gibson Research Corp! http://www.grc.com Tom Worley stkguru@netside.net AIM: TexWorley << File: ATT00002.htm >> - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Jeff Salisbury Subject: Re: [CANSLIM] Off Topic - Computer Security Date: 14 Jan 2002 18:21:01 -0700 Another freebie pointed out to me by a friend who works as a network security consultant is www.tinysoftware.com.  Easy to install, small on your hard-drive, and easy to setup and run.

Robert wrote:

Zone alarm which can be downloaded at zonelabs.com is a great free firewall
that does well in protection as tested by GRC.com

robert

-----Original Message-----
From:   Tom Worley [SMTP:stkguru@netside.net]
Sent:   Monday, January 14, 2002 2:44 AM
To:     canslim@lists.xmission.com
Subject:        [CANSLIM] Off Topic - Computer Security

I have always been very conscious of the hazards presented by the many
hours I spend connected to the net, as well as the volume of email I
receive. On my old PC, I ran Computer Associates antivirus, although I was
not so good at keeping it up to date.

My new PC uses Norton, and it seems to be very effective, having already
detected and quarantined several viruses attached to emails just in the few
weeks I have been using it.  I also like the fact that it scans all my
OUTGOING emails for viruses before sending.

Tonight, I checked my PC for security against hackers and unauthorized
access, and was pleased with the results. Total stealth mode with the fi
rewall that came on the PC. If you are interested in checking your PC,
here's the info:

Visit the Gibson Research Corporation page to get all kinds
of technical information. One big attraction at the site is
the "Shields Up!!" page. You can visit this page to see how
secure you really are on the Internet. Go to the site (link
provided below this tip) and click on Shields Up!! Click
Test My Shields! and wait for the results. Next, click
Probe My Ports! and see how you do. By the way, the port
probe is much faster now.

Click here to visit Gibson Research Corp!
http://www.grc.com

Tom Worley
stkguru@netside.net
AIM: TexWorley
 << File: ATT00002.htm >>

-
-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. ------------------------------------------------------------------------------- From: "Tim Fisher" Subject: Re: [CANSLIM] Diss Day Date: 14 Jan 2002 17:25:43 -0800 I sold 5 positions between Friday and today. Still hanging onto 2. I am not planning on buying this week, needless to say... At 02:04 AM 1/15/2002 +0100, you wrote: >Another Diss Day today. > >This is the 3rd since 12/20/01 and the aprox. 11th since 10/03/01(follow >through day, which was a great call by IBD by the way). >50 MA is not far (around 1950). > >My Portfolio (FDS, DFXI, TTIL, MME) is doing well, but my watchlist >(Canslim stocks) get hammered since last Thursday (GISX, DYII, UTSI, ECTX >etc.). > >Small Caps out of COMPUTER SFTWR-ENTERPRSE are doing well (DOCC) but >elswere I can not find a lot new opportunities.... > >Uptrending (that did well in the last days) Industry Groups ---> > >BANKS-NORTHEAST (SIB, SASR, FMAR) >RETAIL-MISC/DIVERSIFIED >Retail Restaurants > >Do you find right now a lot of opportunities? > > > > > > > >- >-To subscribe/unsubscribe, email "majordomo@xmission.com" >-In the email body, write "subscribe canslim" or >-"unsubscribe canslim". Do not use quotes in your email. Tim Fisher Ore-ROCK-On Rockhounding Web Site Pacific Fishery Biologists Information mailto:tim@OreRockOn.com WWW http://OreRockOn.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. ------------------------------------------------------------------------------- From: "Norman" Subject: Re: [CANSLIM] Off Topic - Computer Security Date: 14 Jan 2002 19:25:32 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_00E3_01C19D31.3BD15F20 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable I use ZoneAlarm (free version). Easy to set up. If I were on 24/7 with = DSL or cable I would spring for their pay-for version for more control. = If you're serious, there is nothing better than a hardware firewall. Norm ----- Original Message -----=20 From: Jeff Salisbury=20 To: canslim@lists.xmission.com=20 Sent: Monday, January 14, 2002 7:21 PM Subject: Re: [CANSLIM] Off Topic - Computer Security Another freebie pointed out to me by a friend who works as a network = security consultant is www.tinysoftware.com. Easy to install, small on = your hard-drive, and easy to setup and run.=20 Robert wrote:=20 Zone alarm which can be downloaded at zonelabs.com is a great free = firewall=20 that does well in protection as tested by GRC.com=20 robert=20 -----Original Message-----=20 From: Tom Worley [SMTP:stkguru@netside.net]=20 Sent: Monday, January 14, 2002 2:44 AM=20 To: canslim@lists.xmission.com=20 Subject: [CANSLIM] Off Topic - Computer Security=20 I have always been very conscious of the hazards presented by the = many=20 hours I spend connected to the net, as well as the volume of email I = receive. On my old PC, I ran Computer Associates antivirus, although = I was=20 not so good at keeping it up to date.=20 My new PC uses Norton, and it seems to be very effective, having = already=20 detected and quarantined several viruses attached to emails just in = the few=20 weeks I have been using it. I also like the fact that it scans all = my=20 OUTGOING emails for viruses before sending.=20 Tonight, I checked my PC for security against hackers and = unauthorized=20 access, and was pleased with the results. Total stealth mode with = the fi=20 rewall that came on the PC. If you are interested in checking your = PC,=20 here's the info:=20 Visit the Gibson Research Corporation page to get all kinds=20 of technical information. One big attraction at the site is=20 the "Shields Up!!" page. You can visit this page to see how=20 secure you really are on the Internet. Go to the site (link=20 provided below this tip) and click on Shields Up!! Click=20 Test My Shields! and wait for the results. Next, click=20 Probe My Ports! and see how you do. By the way, the port=20 probe is much faster now.=20 Click here to visit Gibson Research Corp!=20 http://www.grc.com=20 Tom Worley=20 stkguru@netside.net=20 AIM: TexWorley=20 << File: ATT00002.htm >>=20 -=20 -To subscribe/unsubscribe, email "majordomo@xmission.com"=20 -In the email body, write "subscribe canslim" or=20 -"unsubscribe canslim". Do not use quotes in your email. =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.=20 ------=_NextPart_000_00E3_01C19D31.3BD15F20 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
I use ZoneAlarm (free version).  Easy to set up.  If I = were on=20 24/7 with DSL or cable I would spring for their pay-for version for more = control.  If you're serious, there is nothing better than a = hardware=20 firewall.
 
Norm
----- Original Message -----
From:=20 Jeff Salisbury =
Sent: Monday, January 14, 2002 = 7:21=20 PM
Subject: Re: [CANSLIM] Off = Topic -=20 Computer Security

Another freebie pointed out to me by a friend who works = as a=20 network security consultant is www.tinysoftware.com.  = Easy to=20 install, small on your hard-drive, and easy to setup and run.=20

Robert wrote:=20

Zone alarm which can be downloaded at = zonelabs.com=20 is a great free firewall
that does well in protection as tested = by=20 GRC.com=20

robert=20

-----Original Message-----
From:   Tom Worley=20 [SMTP:stkguru@netside.net]
Sent:   Monday, January 14, = 2002=20 2:44 AM
To:     canslim@lists.xmission.com=20
Subject:        [CANSLIM] Off = Topic -=20 Computer Security=20

I have always been very conscious of the hazards presented by the = many=20
hours I spend connected to the net, as well as the volume of = email I=20
receive. On my old PC, I ran Computer Associates antivirus, = although I=20 was
not so good at keeping it up to date.=20

My new PC uses Norton, and it seems to be very effective, having = already=20
detected and quarantined several viruses attached to emails just = in the=20 few
weeks I have been using it.  I also like the fact that = it scans=20 all my
OUTGOING emails for viruses before sending.=20

Tonight, I checked my PC for security against hackers and = unauthorized=20
access, and was pleased with the results. Total stealth mode = with the fi=20
rewall that came on the PC. If you are interested in checking = your PC,=20
here's the info:=20

Visit the Gibson Research Corporation page to get all kinds =
of=20 technical information. One big attraction at the site is
the = "Shields=20 Up!!" page. You can visit this page to see how
secure you really = are on=20 the Internet. Go to the site (link
provided below this tip) and = click on=20 Shields Up!! Click
Test My Shields! and wait for the results. = Next,=20 click
Probe My Ports! and see how you do. By the way, the port =
probe=20 is much faster now.=20

Click here to visit Gibson Research Corp!
http://www.grc.com=20

Tom Worley
stkguru@netside.net
AIM: TexWorley =
 <<=20 File: ATT00002.htm >>=20

-
-To subscribe/unsubscribe, email "majordomo@xmission.com" =
-In=20 the email body, write "subscribe canslim" or
-"unsubscribe=20 canslim".  Do not use quotes in your = email.


 =20
  - -To subscribe/unsubscribe, email "majordomo@xmission.com" = -In the=20 email body, write "subscribe canslim" or -"unsubscribe canslim". Do = not use=20 quotes in your email. ------=_NextPart_000_00E3_01C19D31.3BD15F20-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "david frank" Subject: Re: [CANSLIM] Diss Day Date: 14 Jan 2002 20:05:17 -0600 andreas, thank you for the lists. are you still buying before the breakouts, at the 50 MAs, or near or at the pivot points? i buy these various ways but i have yet to decide which is the best way. david ----- Original Message ----- Sent: Monday, January 14, 2002 7:04 PM > Another Diss Day today. > > This is the 3rd since 12/20/01 and the aprox. 11th since 10/03/01(follow > through day, which was a great call by IBD by the way). > 50 MA is not far (around 1950). > > My Portfolio (FDS, DFXI, TTIL, MME) is doing well, but my watchlist > (Canslim stocks) get hammered since last Thursday (GISX, DYII, UTSI, ECTX > etc.). > > Small Caps out of COMPUTER SFTWR-ENTERPRSE are doing well (DOCC) but > elswere I can not find a lot new opportunities.... > > Uptrending (that did well in the last days) Industry Groups ---> > > BANKS-NORTHEAST (SIB, SASR, FMAR) > RETAIL-MISC/DIVERSIFIED > Retail Restaurants > > Do you find right now a lot of opportunities? > > > > > > > > - > -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. ------------------------------------------------------------------------------- From: "Dan Forant" Subject: Re: [CANSLIM] Diss Day Date: 14 Jan 2002 21:16:23 -0500 Like Clint Eastwood once said, do you feel lucky today? Smith Barney say's to get down to 50% invested. DanF ----- Original Message ----- Sent: Monday, January 14, 2002 8:04 PM > Another Diss Day today. > > This is the 3rd since 12/20/01 and the aprox. 11th since 10/03/01(follow > through day, which was a great call by IBD by the way). > 50 MA is not far (around 1950). > > My Portfolio (FDS, DFXI, TTIL, MME) is doing well, but my watchlist > (Canslim stocks) get hammered since last Thursday (GISX, DYII, UTSI, ECTX > etc.). > > Small Caps out of COMPUTER SFTWR-ENTERPRSE are doing well (DOCC) but > elswere I can not find a lot new opportunities.... > > Uptrending (that did well in the last days) Industry Groups ---> > > BANKS-NORTHEAST (SIB, SASR, FMAR) > RETAIL-MISC/DIVERSIFIED > Retail Restaurants > > Do you find right now a lot of opportunities? > > > > > > > > - > -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. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] Diss Day Date: 14 Jan 2002 21:18:53 -0500 Hi Andreas, I have been cutting some of my positions lately, both the big winners as well as some that look like they cannot get out of their own way. Sold the last of my TTIL in my VR fund on a limit today, up just over 100% from the average cost (2 non-CANSLIM buys on 8/6 and 10/15). Should have done the same on GISX while I still had a nice profit, now only up 5% and will likely cut the position tomorrow. Still holding DOCC, unfortunately only a small position, but with today now up over 100%. One thing I am noticing, which may only be coincidence, is that some of my big winners with large mutual fund ownership are getting hit the hardest right now. I expect to put even more importance in the future in avoiding the ones already with a lot of funds ownership. The groups you mention trending up not only don't excite me, I don't trust them for either leadership or staying power. I suspect TTIL still has some juice left, but I bought it right (although not with good CANSLIM basis), and not willing to give up good profits after taking the risk. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message ----- Sent: Monday, January 14, 2002 8:04 PM > Another Diss Day today. > > This is the 3rd since 12/20/01 and the aprox. 11th since 10/03/01(follow > through day, which was a great call by IBD by the way). > 50 MA is not far (around 1950). > > My Portfolio (FDS, DFXI, TTIL, MME) is doing well, but my watchlist > (Canslim stocks) get hammered since last Thursday (GISX, DYII, UTSI, ECTX > etc.). > > Small Caps out of COMPUTER SFTWR-ENTERPRSE are doing well (DOCC) but > elswere I can not find a lot new opportunities.... > > Uptrending (that did well in the last days) Industry Groups ---> > > BANKS-NORTHEAST (SIB, SASR, FMAR) > RETAIL-MISC/DIVERSIFIED > Retail Restaurants > > Do you find right now a lot of opportunities? > > > > > > > > - > -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. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] ASIA? Date: 14 Jan 2002 22:02:44 -0500 Thanks for the retrospective, Dave. With your thinking that "the Nasdaq will continue to do well for a few months ", does this mean you were just trying to trade it for a short term profit? Would a long term investment perspective have changed either your entry point, or your tight stop? While UTSI is in a different group (Telecom Equip vs Internet-Network Sec/Solutions), today's action looks to me to be a failed breakout being confirmed. In both cases, though, the chart suggests to me that the 50 DMA will coincide with the short prior base, and give support. Should ASIA settle into another short base in the 17-18 range, would you again be a buyer? What would trigger your decision to act? Be careful of using how a stock (DFXI) in an unrelated group is behaving to analyze another stock's chart. Stay within the group, or at least related groups, for this. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message ----- Sent: Monday, January 14, 2002 10:11 AM > In a nutshell, with ASIA I convinced myself to take a gamble with the > chart formation because there were things I liked about the stock: > > - Although the Internet/Network Security group is not in favor now, I > feel it will be one of the first tech groups to recover, and recover > strongly. > > - China continues to be a growth area for Internet and wireless > technology. Other stocks with significant interest in China, such as UTSI, > have broken out recently. > > - I think the Nasdaq will continue to do well for a few months and I'm > trying to put some cash to work. > > - Despite the sloppy handle, I still think it is a great chart. DFXI had > a sloppier handle and is still holding its breakout. ASIA's volume on 1/7 > and beyond was well above average. > > - Having missed the ASIA breakout on 1/7 I had it on my watchlist for a > pullback. > > In hindsight, buying breakout pullbacks, especially in this market, is not > a safe strategy. The high volume alone should have made me more cautious. > But I decided to take the risk, using a tight stop. > > This group was very helpful by pointing out the weaknesses that I knew > about, and some that I didn't. Although I'm not a CANSLIM purist and will > use other strategies from time to time, I was clearly buying ASIA as a > CANSLIM breakout and this group helped me to put that decision in the > right perspective. > > I'm still watching ASIA. Although technically the breakout failed I think > it is doing well to stay above 19.6, the low on breakout day. If the last > few days of market weakness is just a brief pullback in an uptrend, ASIA > still has a good chance of moving higher. > > Nevertheless, in this market, I have seen yet another example that > second-chance buy opportunities usually do not work out. If you miss a > breakout, move on. If you catch a breakout and the stock shows signs of > weakness, be very cautious. This is not a bull market by any stretch. > > > > > > -----Original Message----- > > From: owner-canslim@lists.xmission.com > > [mailto:owner-canslim@lists.xmission.com]On Behalf Of Tom Worley > > Sent: Friday, January 11, 2002 11:58 PM > > To: canslim@lists.xmission.com > > Subject: Re: [CANSLIM] ASIA? > > > > > > Dave, the only way you truly lose is if you are not able to > > learn from the > > experience. I know I would be interested, and suspect many other members > > would also be interested, in you doing a retrospective piece on > > ASIA. There > > has been lots of discussion and feedback today and prior. Would be > > interested in your thoughts on the experience, what you may have learned > > from the group's comments you didn't know or see when you > > bought it, what > > you may do differently on this or another stock in the future, > > and what else > > you may have learned from it. > > > > Tom Worley > > stkguru@netside.net > > AIM: TexWorley > > ----- Original Message ----- > > From: "Dave" > > To: > > Sent: Friday, January 11, 2002 9:41 AM > > Subject: RE: [CANSLIM] ASIA? > > > > > > > You all win, I lose. This is clearly a failed breakout now. Out with a > > > small loss, and another lesson learned :) > > > > > > > > > -- > > > Dave > > > > > > > > > - > > > -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. > - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: [CANSLIM] Kinda off topic - ZCOM Date: 14 Jan 2002 22:23:08 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_0093_01C19D4A.0B213170 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable While checking out some charts of stocks hitting new highs tonight, = figured ZCOM was of little interest, as the description suggested they = couldn't figure out just what business they were in. The description = showed, among other things, a web portal called "hotsheet.com" (OK, I = confess, I figured it was a triple X rated site). But for those looking = for a site with links to just about everything else, take a look at it, = it's not only a clean site, but loaded with stuff. http://www.hotsheet.com/ I haven't dug into it enough yet to see if it's free, but may be of some = interest to members. The stock doesn't impress me, but the site does. Tom Worley stkguru@netside.net AIM: TexWorley ------=_NextPart_000_0093_01C19D4A.0B213170 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
While checking out some charts of stocks hitting = new highs=20 tonight, figured ZCOM was of little interest, as the description = suggested they=20 couldn't figure out just what business they were in. The description = showed,=20 among other things, a web portal called "hotsheet.com" (OK, I confess, I = figured=20 it was a triple X rated site). But for those looking for a site with = links to=20 just about everything else, take a look at it, it's not only a clean = site, but=20 loaded with stuff.
 
http://www.hotsheet.com/
 
I haven't dug into it enough yet to see if it's = free, but=20 may be of some interest to members. The stock doesn't impress me, but = the site=20 does.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
------=_NextPart_000_0093_01C19D4A.0B213170-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: <312376@codec.ro> Subject: Smart Investing can Make You Wealthy (3213xRjB2-409tNgY5860sKcW1-91@27) Date: 14 Jan 2002 23:30:49 -0700 Consumer Energy Markets Flourishing STOP Investing The Same Old Ways!!! Unlock the doors to STAGGERING PROFITS! Tired of Stock Market Ups and Downs? Mutual Funds Still on a Roller Coaster? NOW is the Time to Embrace The ENERGY Markets! Commodity Trading Makes Millions Every Day! Powerful Profits Await YOU In The ENERGY Markets!!! Fortunes will literally be made in the next few months! 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Learn how our clients get the best results, and receive the most professional care in the investment world today! OPEC announced 11/1/01 they would be cutting oil production because prices were just too low. OPEC AGAIN announced on 12/28/01 to cut production another 6% starting 1/1/02! How will that affect oil prices??? Prices reach extremes for reasons... Do you want to know the reasons WHY? Get Your FREE Energy Investment Information Packet at: http://66.163.40.23:600/enormous_potential (United States and Canada Only Please) (Opt-Out Instructions) You have received this email by either requesting more information on one of our investment opportunities or someone may have used your email address. To be removed from our mailing list and to be automatically removed from any future mailings- Go To The link above and at the bottom of the website submit a request for Opt-Out! [7625FxRj6-653BtNg0904YsKc5-355WoGa9516SkCw5-967OgBt8016LfXp4-477JbTl86@66] ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: AW: [CANSLIM] Diss Day Date: 15 Jan 2002 12:27:15 +0100 Since it is not possible for me to subscribe IBD, could somebody send me the big picture from today? That would be nice. Andreas > -----Ursprungliche Nachricht----- > Von: Andreas Himmelreich [SMTP:judgejimmy@web.de] > Gesendet am: Tuesday, January 15, 2002 2:04 AM > An: 'canslim@lists.xmission.com' > Betreff: [CANSLIM] Diss Day > > Another Diss Day today. > > This is the 3rd since 12/20/01 and the aprox. 11th since 10/03/01(follow > through day, which was a great call by IBD by the way). > 50 MA is not far (around 1950). > > My Portfolio (FDS, DFXI, TTIL, MME) is doing well, but my watchlist > (Canslim stocks) get hammered since last Thursday (GISX, DYII, UTSI, ECTX > etc.). > > Small Caps out of COMPUTER SFTWR-ENTERPRSE are doing well (DOCC) but > elswere I can not find a lot new opportunities.... > > Uptrending (that did well in the last days) Industry Groups ---> > > BANKS-NORTHEAST (SIB, SASR, FMAR) > RETAIL-MISC/DIVERSIFIED > Retail Restaurants > > Do you find right now a lot of opportunities? > > > > > > > > - > -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. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] Diss Day Date: 15 Jan 2002 08:53:45 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_006E_01C19DA2.23CD3B80 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Will do ----- Original Message -----=20 From: Andreas Himmelreich=20 To: 'canslim@lists.xmission.com'=20 Sent: Tuesday, January 15, 2002 5:27 AM Subject: AW: [CANSLIM] Diss Day Since it is not possible for me to subscribe IBD, could somebody send = me the big picture from today? That would be nice. Andreas > -----Ursprungliche Nachricht----- > Von: Andreas Himmelreich [SMTP:judgejimmy@web.de] > Gesendet am: Tuesday, January 15, 2002 2:04 AM > An: 'canslim@lists.xmission.com' > Betreff: [CANSLIM] Diss Day > > Another Diss Day today. > > This is the 3rd since 12/20/01 and the aprox. 11th since = 10/03/01(follow > through day, which was a great call by IBD by the way). > 50 MA is not far (around 1950). > > My Portfolio (FDS, DFXI, TTIL, MME) is doing well, but my watchlist > (Canslim stocks) get hammered since last Thursday (GISX, DYII, UTSI, = ECTX > etc.). > > Small Caps out of COMPUTER SFTWR-ENTERPRSE are doing well (DOCC) but > elswere I can not find a lot new opportunities.... > > Uptrending (that did well in the last days) Industry Groups ---> > > BANKS-NORTHEAST (SIB, SASR, FMAR) > RETAIL-MISC/DIVERSIFIED > Retail Restaurants > > Do you find right now a lot of opportunities? > > > > > > > > - > -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. ------=_NextPart_000_006E_01C19DA2.23CD3B80 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Will do
----- Original Message -----
From:=20 Andreas = Himmelreich
Sent: Tuesday, January 15, 2002 = 5:27=20 AM
Subject: AW: [CANSLIM] Diss = Day

Since it is not possible for me to subscribe IBD, could = somebody send me the big picture from today?
That would be=20 nice.

Andreas

> -----Ursprungliche = Nachricht-----
>=20 Von:  Andreas Himmelreich [SMTP:judgejimmy@web.de]
> = Gesendet=20 am:  Tuesday, January 15, 2002 2:04 AM
> An:   'canslim@lists.xmission.com'=
>=20 Betreff:      [CANSLIM] Diss = Day
>
>=20 Another Diss Day today.
>
> This is the 3rd  since = 12/20/01=20 and the aprox. 11th since 10/03/01(follow
> through day, which = was a=20 great call by IBD by the way).
> 50 MA is not far (around=20 1950).
>
> My Portfolio (FDS, DFXI, TTIL, MME) is doing = well, but=20 my watchlist
> (Canslim stocks) get hammered since last Thursday = (GISX,=20 DYII, UTSI, ECTX
> etc.).
>
> Small Caps out of = COMPUTER=20 SFTWR-ENTERPRSE are doing well (DOCC) but
> elswere I can not = find a lot=20 new opportunities....
>
> Uptrending (that did well in the = last=20 days) Industry Groups --->
>
> BANKS-NORTHEAST (SIB, = SASR,=20 FMAR)
> RETAIL-MISC/DIVERSIFIED
> Retail=20 Restaurants
>
> Do you find right now a lot of=20 = opportunities?
>
>
>
>
>
>
>>=20 -
> -To subscribe/unsubscribe, email "majordomo@xmission.com"
>= ; -In=20 the email body, write "subscribe canslim" or
> -"unsubscribe=20 canslim".  Do not use quotes in your email.

-
-To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your email. ------=_NextPart_000_006E_01C19DA2.23CD3B80-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Dave" Subject: RE: [CANSLIM] ASIA? Date: 15 Jan 2002 10:00:13 -0500 Yes, I wasn't looking at ASIA as a long-term hold. Sometimes I will stretch or bypass CANSLIM rules to buy strong leaders for the long term, when I think the chart has stabilized and reached some pivotal support level. But with ASIA it was strictly a trading opportunity. I caught UTSI on its first breakout in early Dec. I assume you mean the recent action confirms a failure of the B2 breakout on 1/3. The distribution yesterday scares me, and may lead me to lock profits on the next sign of strength. As for ASIA, it's difficult to say. Right now second-stage bases are failing regularly. The market is clearly not as strong as it was when this rally started. Although I still think the Nasdaq will rise modestly over the next few months, I'm more cautious then I was last week. As for comparing ASIA with DFXI, I agree, it's not a valid comparison. It was simply to say that sloppy handles can and do work from time to time. As for DFXI, it's holding its breakout pretty well, for now... -- Dave > -----Original Message----- > From: owner-canslim@lists.xmission.com > [mailto:owner-canslim@lists.xmission.com]On Behalf Of Tom Worley > Sent: Monday, January 14, 2002 10:03 PM > To: canslim@lists.xmission.com > Subject: Re: [CANSLIM] ASIA? > > > Thanks for the retrospective, Dave. > > With your thinking that "the Nasdaq will continue to do well for a few > months ", does this mean you were just trying to trade it for a > short term > profit? Would a long term investment perspective have changed > either your > entry point, or your tight stop? > > While UTSI is in a different group (Telecom Equip vs Internet-Network > Sec/Solutions), today's action looks to me to be a failed breakout being > confirmed. In both cases, though, the chart suggests to me that > the 50 DMA > will coincide with the short prior base, and give support. Should ASIA > settle into another short base in the 17-18 range, would you again be a > buyer? What would trigger your decision to act? > > Be careful of using how a stock (DFXI) in an unrelated group is > behaving to > analyze another stock's chart. Stay within the group, or at > least related > groups, for this. > > Tom Worley > stkguru@netside.net > AIM: TexWorley > ----- Original Message ----- > From: "Dave" > To: > Sent: Monday, January 14, 2002 10:11 AM > Subject: RE: [CANSLIM] ASIA? > > > > In a nutshell, with ASIA I convinced myself to take a gamble with the > > chart formation because there were things I liked about the stock: > > > > - Although the Internet/Network Security group is not in favor now, I > > feel it will be one of the first tech groups to recover, and recover > > strongly. > > > > - China continues to be a growth area for Internet and wireless > > technology. Other stocks with significant interest in China, > such as UTSI, > > have broken out recently. > > > > - I think the Nasdaq will continue to do well for a few > months and I'm > > trying to put some cash to work. > > > > - Despite the sloppy handle, I still think it is a great > chart. DFXI had > > a sloppier handle and is still holding its breakout. ASIA's > volume on 1/7 > > and beyond was well above average. > > > > - Having missed the ASIA breakout on 1/7 I had it on my > watchlist for a > > pullback. > > > > In hindsight, buying breakout pullbacks, especially in this > market, is not > > a safe strategy. The high volume alone should have made me > more cautious. > > But I decided to take the risk, using a tight stop. > > > > This group was very helpful by pointing out the weaknesses that I knew > > about, and some that I didn't. Although I'm not a CANSLIM > purist and will > > use other strategies from time to time, I was clearly buying ASIA as a > > CANSLIM breakout and this group helped me to put that decision in the > > right perspective. > > > > I'm still watching ASIA. Although technically the breakout > failed I think > > it is doing well to stay above 19.6, the low on breakout day. > If the last > > few days of market weakness is just a brief pullback in an > uptrend, ASIA > > still has a good chance of moving higher. > > > > Nevertheless, in this market, I have seen yet another example that > > second-chance buy opportunities usually do not work out. If you miss a > > breakout, move on. If you catch a breakout and the stock > shows signs of > > weakness, be very cautious. This is not a bull market by any stretch. > > > > > > > > > > > -----Original Message----- > > > From: owner-canslim@lists.xmission.com > > > [mailto:owner-canslim@lists.xmission.com]On Behalf Of Tom Worley > > > Sent: Friday, January 11, 2002 11:58 PM > > > To: canslim@lists.xmission.com > > > Subject: Re: [CANSLIM] ASIA? > > > > > > > > > Dave, the only way you truly lose is if you are not able to > > > learn from the > > > experience. I know I would be interested, and suspect many > other members > > > would also be interested, in you doing a retrospective piece on > > > ASIA. There > > > has been lots of discussion and feedback today and prior. Would be > > > interested in your thoughts on the experience, what you may > have learned > > > from the group's comments you didn't know or see when you > > > bought it, what > > > you may do differently on this or another stock in the future, > > > and what else > > > you may have learned from it. > > > > > > Tom Worley > > > stkguru@netside.net > > > AIM: TexWorley > > > ----- Original Message ----- > > > From: "Dave" > > > To: > > > Sent: Friday, January 11, 2002 9:41 AM > > > Subject: RE: [CANSLIM] ASIA? > > > > > > > > > > You all win, I lose. This is clearly a failed breakout > now. Out with a > > > > small loss, and another lesson learned :) > > > > > > > > > > > > -- > > > > Dave > > > > > > > > > > > > - > > > > -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. > > > > > > - > -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. ------------------------------------------------------------------------------- From: Gyorgy Veszpremi Subject: Re: [CANSLIM] market direction/EFTs Date: 15 Jan 2002 09:01:48 -0600 --------------183E1FB85DE5B86A66379756 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit Actually the bull market top was in March of 2000. Katherine Malm wrote: > Here's a good way to look at the relative performance of the markets since key > dates: I like to see these in bar chart view, but you can use line charts as > well, as both are available: Look at comparisons from key dates to Friday's > close (1/11/02): Bull market top: 3/21/2001 (202 days)Latest market peak: > 5/21/2001 (160 days)Follow-thru day: 9/28/2001 (73 days) This will give you a > comparison between Russell 2000 (small cap), MidCap, Large Cap, Naz100 (large > cap tech), Dow and total market > proxies:http://stockcharts.com/webcgi/wb.exe?Perf.web+IWM,MDY,QQQ,DIA,IYYThere > is a bar at the bottom of the chart that you can stretch to the days right and > left that you want to consider once the chart is built. Roll your cursor over > the chart and the key information for each index will pop up. This will give > you a comparison between styles Sm Cap Growth, Mid Cap Growth, Lg Cap > Growth,Sm Cap Val, Mid Cap Val, Lg Cap Val. Again, run these from the key date > until today and you will be able to make your own conclusions about > growth/value.http://stockcharts.com/webcgi/wb.exe?Perf.web+IJT,IJK,IVW,IJS,IJJ,IVE For > a more general comparison between growth, value, total market, > try:http://stockcharts.com/webcgi/wb.exe?Perf.web+IWZ,IWW,IYY Katherine > > ----- Original Message ----- > From: Ann > To: canslim@lists.xmission.com > Sent: Sunday, January 13, 2002 12:05 PM > Subject: Re: [CANSLIM] market direction/EFTs > Thanks for your response, Andreas. I think I see what you are > saying. > I invested in a SmallCap EFT recently, and was wondering whether I > should > have! > ----- Original Message ----- > From: "Andreas Himmelreich" > To: > Sent: Sunday, January 13, 2002 12:27 PM > Subject: AW: [CANSLIM] market direction > > > : You do not have to buy stocks with high PEs. Just go into value > and growth > and > : let the BOs of ultra High PE stocks fail. > : > : David Ryan says in Market Wizards that the PE (or the Value) is > important > (even Won does not say it) for > : the probabillity of a good breakout. > : > : I do belive that the market right now differenciates, its not a > nutty bull > market like in the 90s where > : everything went up, no matter its fundamentals (in some stages of > the bull > market). > : > : But the market is not so bad, that it sends down all stocks, it > differenciates, thats all... > : > : I do actually not care about the market direction too much. The > only > question that is interesting: > : Is there an area which is profitable? (so far only on the long > side) There > where 100000s of long chances even in 2000 and 2001. > : > : Are there Industry Groups that set up a bull market for its member > stocks? > If yes, money is around the corner. Pick it up and ride it. > : Just look at stuff like TARO, MDCI, AHMH, BZH in 2001... > : > : December was pretty much flat on the Indexes, but it was a great > month for > a lot of canslim stocks. > : > : I acutally would like it if the Nasdaq would be still on 2000 > Points at > the end of the year, as long > : fundamentally sound stocks go up and grap goes down. > : > : The only moment you have to be aware of is the moment gets so bad, > that > nothing works, every Industry Group > : goes down pricewise, everything rolls over, no matter how good the > > fundamentals of the stocks. Then and only then > : it is time to get flat. In 2001 that was from August to the > beginning of > October. > : > : Sorry to be so opinionated. > : > : Andreas > : > : > : > -----Ursprungliche Nachricht----- > : > Von: rolf hertenstein [SMTP:rolfh@mindspring.com] > : > Gesendet am: Sunday, January 13, 2002 5:54 PM > : > An: canslim@lists.xmission.com > : > Betreff: Re: [CANSLIM] market direction > : > > : > I'm still concerned about the overall market valuation, which > remains > high. > : > Yes, as earnings improve, market P/Es should lower, assuming > prices > : > don't accelerate faster than earnings improve. > : > > : > Even though WON gives little credence to P/Es, I'm adding a P > : > (CANSLIMP ?) for the time being. I think many investors will be > spooked > : > by high P/Es (e.g., KKD) and tend towards solid companies with > relatively > : > low P/Es. Just one new investor's opinion. > : > > : > Rolf > : > > : > ----- Original Message ----- > : > From: "Dan Forant" > : > To: > : > Sent: Sunday, January 13, 2002 9:31 AM > : > Subject: Re: [CANSLIM] market direction > : > > : > > : > > I have been saying all along this is going to be a > sloooooooowwwww, > : > > recovery. Well into the year. All we have to do is *read* the > news. I > : > listen > : > > to a local analyst here named Larry King, he's with Smith > Barney. A > few > : > > weeks ago he was calling for a quick market return. Just > Friday he > changed > : > > course and now calls for growth but very slow. Analysts jobs > from > : > brokerage > : > > houses are to soften the tone of bad news. They can even make > it sound > : > good. > : > > Sure there are stocks out there that the savvy trader may > pick, but on > : > > average not. It takes months to years for rate and tax cuts to > filter > into > : > > the economy. > : > > > : > > DanF > : > > > : > > > : > > ----- Original Message ----- > : > > From: "Kent Norman" > : > > To: "CANSLIM" > : > > Sent: Sunday, January 13, 2002 10:11 AM > : > > Subject: [CANSLIM] market direction > : > > > : > > > : > > > Many "experts" are expecting the market to follow > : > > > tradition and rise in January and go flat to down for > : > > > a few months. Do you think this weeks 5 down days are > : > > > meaningful? > : > > > > : > > > I know WON says we don't need to be concerned with > : > > > where the market is heading, just where it is. > : > > > > : > > > So where is it? Is the party over? Should we all get > : > > > out of the pool? > : > > > > : > > > Kent Norman > : > > > > : > > > > : > > > ===== > : > > > Opportunities always look bigger going than coming. > : > > > > : > > > __________________________________________________ > : > > > Do You Yahoo!? > : > > > Send FREE video emails in Yahoo! Mail! > : > > > http://promo.yahoo.com/videomail/ > : > > > > : > > > - > : > > > -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. > : > : - > : -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. > --------------183E1FB85DE5B86A66379756 Content-Type: text/html; charset=us-ascii Content-Transfer-Encoding: 7bit Actually the bull market top was in March of 2000.

Katherine Malm wrote:

Here's a good way to look at the relative performance of the markets since key dates: I like to see these in bar chart view, but you can use line charts as well, as both are available: Look at comparisons from key dates to Friday's close (1/11/02): Bull market top: 3/21/2001 (202 days)Latest market peak: 5/21/2001 (160 days)Follow-thru day: 9/28/2001 (73 days) This will give you a comparison between Russell 2000 (small cap), MidCap, Large Cap, Naz100 (large cap tech), Dow and total market proxies:http://stockcharts.com/webcgi/wb.exe?Perf.web+IWM,MDY,QQQ,DIA,IYYThere is a bar at the bottom of the chart that you can stretch to the days right and left that you want to consider once the chart is built. Roll your cursor over the chart and the key information for each index will pop up. This will give you a comparison between styles Sm Cap Growth, Mid Cap Growth, Lg Cap Growth,Sm Cap Val, Mid Cap Val, Lg Cap Val. Again, run these from the key date until today and you will be able to make your own conclusions about growth/value.http://stockcharts.com/webcgi/wb.exe?Perf.web+IJT,IJK,IVW,IJS,IJJ,IVE For a more general comparison between growth, value, total market, try:http://stockcharts.com/webcgi/wb.exe?Perf.web+IWZ,IWW,IYY Katherine
----- Original Message -----
From: Ann
Sent: Sunday, January 13, 2002 12:05 PM
Subject: Re: [CANSLIM] market direction/EFTs
 Thanks for your response, Andreas. I think I see what you are saying.
I invested in a SmallCap EFT recently, and was wondering whether I should
have!
----- Original Message -----
From: "Andreas Himmelreich" <judgejimmy@web.de>
To: <canslim@lists.xmission.com>
Sent: Sunday, January 13, 2002 12:27 PM
Subject: AW: [CANSLIM] market direction
 

: You do not have to buy stocks with high PEs. Just go into value and growth
and
: let the BOs of ultra High PE stocks fail.
:
: David Ryan says in Market Wizards that the PE (or the Value) is important
(even Won does not say it) for
: the probabillity of a good breakout.
:
: I do belive that the market right now differenciates, its not a nutty bull
market like in the 90s where
: everything went up, no matter its fundamentals (in some stages of the bull
market).
:
: But the market is not so bad, that it sends down all stocks, it
differenciates, thats all...
:
: I do actually not care about the market direction too much. The only
question that is interesting:
: Is there an area which is profitable? (so far only on the long side) There
where 100000s of long chances even in 2000 and 2001.
:
: Are there Industry Groups that set up a bull market for its member stocks?
If yes, money is around the corner. Pick it up and ride it.
: Just look at stuff like TARO, MDCI, AHMH, BZH in 2001...
:
: December was pretty much flat on the Indexes, but it was a great month for
a lot of canslim stocks.
:
: I acutally would like it if the Nasdaq would be still on 2000 Points at
the end of the year, as long
: fundamentally sound stocks go up and grap goes down.
:
: The only moment you have to be aware of is the moment gets so bad, that
nothing works, every Industry Group
: goes down pricewise, everything rolls over, no matter how good the
fundamentals of the stocks. Then and only then
: it is time to get flat. In 2001 that was from August to the beginning of
October.
:
: Sorry to be so opinionated.
:
: Andreas
:
:
: > -----Ursprungliche Nachricht-----
: > Von: rolf hertenstein [SMTP:rolfh@mindspring.com]
: > Gesendet am: Sunday, January 13, 2002 5:54 PM
: > An: canslim@lists.xmission.com
: > Betreff: Re: [CANSLIM] market direction
: >
: > I'm still concerned about the overall market valuation, which remains
high.
: > Yes, as earnings improve, market P/Es should lower, assuming prices
: > don't accelerate faster than earnings improve.
: >
: > Even though WON gives little credence to P/Es, I'm adding a P
: > (CANSLIMP ?) for the time being.  I think many investors will be spooked
: > by high P/Es (e.g., KKD) and tend towards solid companies with
relatively
: > low P/Es.  Just one new investor's opinion.
: >
: >  Rolf
: >
: > ----- Original Message -----
: > From: "Dan Forant" <dforant1@nycap.rr.com>
: > To: <canslim@lists.xmission.com>
: > Sent: Sunday, January 13, 2002 9:31 AM
: > Subject: Re: [CANSLIM] market direction
: >
: >
: > > I have been saying all along this is going to be a sloooooooowwwww,
: > > recovery. Well into the year. All we have to do is *read* the news. I
: > listen
: > > to a local analyst here named Larry King, he's with Smith Barney. A
few
: > > weeks ago he was calling for a quick market return. Just Friday he
changed
: > > course and now calls for growth but very slow. Analysts jobs from
: > brokerage
: > > houses are to soften the tone of bad news. They can even make it sound
: > good.
: > > Sure there are stocks out there that the savvy trader may pick, but on
: > > average not. It takes months to years for rate and tax cuts to filter
into
: > > the economy.
: > >
: > > DanF
: > >
: > >
: > > ----- Original Message -----
: > > From: "Kent Norman" <kent_norman@yahoo.com>
: > > To: "CANSLIM" <canslim@xmission.com>
: > > Sent: Sunday, January 13, 2002 10:11 AM
: > > Subject: [CANSLIM] market direction
: > >
: > >
: > > > Many "experts" are expecting the market to follow
: > > > tradition and rise in January and go flat to down for
: > > > a few months. Do you think this weeks 5 down days are
: > > > meaningful?
: > > >
: > > > I know WON says we don't need to be concerned with
: > > > where the market is heading, just where it is.
: > > >
: > > > So where is it? Is the party over? Should we all get
: > > > out of the pool?
: > > >
: > > > Kent Norman
: > > >
: > > >
: > > > =====
: > > > Opportunities always look bigger going than coming.
: > > >
: > > > __________________________________________________
: > > > Do You Yahoo!?
: > > > Send FREE video emails in Yahoo! Mail!
: > > > http://promo.yahoo.com/videomail/
: > > >
: > > > -
: > > > -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.
:
: -
: -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.

--------------183E1FB85DE5B86A66379756-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] market direction/EFTs Date: 15 Jan 2002 09:03:42 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_008F_01C19DA3.87CBE040 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Sorry, that was a typo...It should have read 3/21/00 and should read = (465 days). Thanks for pointing that out. Katherine ----- Original Message -----=20 From: Gyorgy Veszpremi=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, January 15, 2002 9:01 AM Subject: Re: [CANSLIM] market direction/EFTs Actually the bull market top was in March of 2000.=20 Katherine Malm wrote:=20 Here's a good way to look at the relative performance of the markets = since key dates: I like to see these in bar chart view, but you can use = line charts as well, as both are available: Look at comparisons from key = dates to Friday's close (1/11/02): Bull market top: 3/21/2001 (202 = days)Latest market peak: 5/21/2001 (160 days)Follow-thru day: 9/28/2001 = (73 days) This will give you a comparison between Russell 2000 (small = cap), MidCap, Large Cap, Naz100 (large cap tech), Dow and total market = proxies:http://stockcharts.com/webcgi/wb.exe?Perf.web+IWM,MDY,QQQ,DIA,IYY= There is a bar at the bottom of the chart that you can stretch to the = days right and left that you want to consider once the chart is built. = Roll your cursor over the chart and the key information for each index = will pop up. This will give you a comparison between styles Sm Cap = Growth, Mid Cap Growth, Lg Cap Growth,Sm Cap Val, Mid Cap Val, Lg Cap = Val. Again, run these from the key date until today and you will be able = to make your own conclusions about = growth/value.http://stockcharts.com/webcgi/wb.exe?Perf.web+IJT,IJK,IVW,IJ= S,IJJ,IVE For a more general comparison between growth, value, total = market, try:http://stockcharts.com/webcgi/wb.exe?Perf.web+IWZ,IWW,IYY = Katherine=20 ----- Original Message ----- From: Ann To: canslim@lists.xmission.com Sent: Sunday, January 13, 2002 12:05 PM Subject: Re: [CANSLIM] market direction/EFTs Thanks for your response, Andreas. I think I see what you are = saying.=20 I invested in a SmallCap EFT recently, and was wondering whether I = should=20 have!=20 ----- Original Message -----=20 From: "Andreas Himmelreich" =20 To: =20 Sent: Sunday, January 13, 2002 12:27 PM=20 Subject: AW: [CANSLIM] market direction=20 =20 : You do not have to buy stocks with high PEs. Just go into value = and growth=20 and=20 : let the BOs of ultra High PE stocks fail.=20 :=20 : David Ryan says in Market Wizards that the PE (or the Value) is = important=20 (even Won does not say it) for=20 : the probabillity of a good breakout.=20 :=20 : I do belive that the market right now differenciates, its not a = nutty bull=20 market like in the 90s where=20 : everything went up, no matter its fundamentals (in some stages = of the bull=20 market).=20 :=20 : But the market is not so bad, that it sends down all stocks, it=20 differenciates, thats all...=20 :=20 : I do actually not care about the market direction too much. The = only=20 question that is interesting:=20 : Is there an area which is profitable? (so far only on the long = side) There=20 where 100000s of long chances even in 2000 and 2001.=20 :=20 : Are there Industry Groups that set up a bull market for its = member stocks?=20 If yes, money is around the corner. Pick it up and ride it.=20 : Just look at stuff like TARO, MDCI, AHMH, BZH in 2001...=20 :=20 : December was pretty much flat on the Indexes, but it was a great = month for=20 a lot of canslim stocks.=20 :=20 : I acutally would like it if the Nasdaq would be still on 2000 = Points at=20 the end of the year, as long=20 : fundamentally sound stocks go up and grap goes down.=20 :=20 : The only moment you have to be aware of is the moment gets so = bad, that=20 nothing works, every Industry Group=20 : goes down pricewise, everything rolls over, no matter how good = the=20 fundamentals of the stocks. Then and only then=20 : it is time to get flat. In 2001 that was from August to the = beginning of=20 October.=20 :=20 : Sorry to be so opinionated.=20 :=20 : Andreas=20 :=20 :=20 : > -----Ursprungliche Nachricht-----=20 : > Von: rolf hertenstein [SMTP:rolfh@mindspring.com]=20 : > Gesendet am: Sunday, January 13, 2002 5:54 PM=20 : > An: canslim@lists.xmission.com=20 : > Betreff: Re: [CANSLIM] market direction=20 : >=20 : > I'm still concerned about the overall market valuation, which = remains=20 high.=20 : > Yes, as earnings improve, market P/Es should lower, assuming = prices=20 : > don't accelerate faster than earnings improve.=20 : >=20 : > Even though WON gives little credence to P/Es, I'm adding a P=20 : > (CANSLIMP ?) for the time being. I think many investors will = be spooked=20 : > by high P/Es (e.g., KKD) and tend towards solid companies with = relatively=20 : > low P/Es. Just one new investor's opinion.=20 : >=20 : > Rolf=20 : >=20 : > ----- Original Message -----=20 : > From: "Dan Forant" =20 : > To: =20 : > Sent: Sunday, January 13, 2002 9:31 AM=20 : > Subject: Re: [CANSLIM] market direction=20 : >=20 : >=20 : > > I have been saying all along this is going to be a = sloooooooowwwww,=20 : > > recovery. Well into the year. All we have to do is *read* = the news. I=20 : > listen=20 : > > to a local analyst here named Larry King, he's with Smith = Barney. A=20 few=20 : > > weeks ago he was calling for a quick market return. Just = Friday he=20 changed=20 : > > course and now calls for growth but very slow. Analysts jobs = from=20 : > brokerage=20 : > > houses are to soften the tone of bad news. They can even = make it sound=20 : > good.=20 : > > Sure there are stocks out there that the savvy trader may = pick, but on=20 : > > average not. It takes months to years for rate and tax cuts = to filter=20 into=20 : > > the economy.=20 : > >=20 : > > DanF=20 : > >=20 : > >=20 : > > ----- Original Message -----=20 : > > From: "Kent Norman" =20 : > > To: "CANSLIM" =20 : > > Sent: Sunday, January 13, 2002 10:11 AM=20 : > > Subject: [CANSLIM] market direction=20 : > >=20 : > >=20 : > > > Many "experts" are expecting the market to follow=20 : > > > tradition and rise in January and go flat to down for=20 : > > > a few months. Do you think this weeks 5 down days are=20 : > > > meaningful?=20 : > > >=20 : > > > I know WON says we don't need to be concerned with=20 : > > > where the market is heading, just where it is.=20 : > > >=20 : > > > So where is it? Is the party over? Should we all get=20 : > > > out of the pool?=20 : > > >=20 : > > > Kent Norman=20 : > > >=20 : > > >=20 : > > > =3D=3D=3D=3D=3D=20 : > > > Opportunities always look bigger going than coming.=20 : > > >=20 : > > > __________________________________________________=20 : > > > Do You Yahoo!?=20 : > > > Send FREE video emails in Yahoo! Mail!=20 : > > > http://promo.yahoo.com/videomail/=20 : > > >=20 : > > > -=20 : > > > -To subscribe/unsubscribe, email "majordomo@xmission.com"=20 : > > > -In the email body, write "subscribe canslim" or=20 : > > > -"unsubscribe canslim". Do not use quotes in your email.=20 : > > >=20 : > >=20 : > >=20 : > > -=20 : > > -To subscribe/unsubscribe, email "majordomo@xmission.com"=20 : > > -In the email body, write "subscribe canslim" or=20 : > > -"unsubscribe canslim". Do not use quotes in your email.=20 : > >=20 : >=20 : >=20 : > -=20 : > -To subscribe/unsubscribe, email "majordomo@xmission.com"=20 : > -In the email body, write "subscribe canslim" or=20 : > -"unsubscribe canslim". Do not use quotes in your email.=20 :=20 : -=20 : -To subscribe/unsubscribe, email "majordomo@xmission.com"=20 : -In the email body, write "subscribe canslim" or=20 : -"unsubscribe canslim". Do not use quotes in your email.=20 :=20 =20 -=20 -To subscribe/unsubscribe, email "majordomo@xmission.com"=20 -In the email body, write "subscribe canslim" or=20 -"unsubscribe canslim". Do not use quotes in your email. ------=_NextPart_000_008F_01C19DA3.87CBE040 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Sorry, that was a typo...It should have read 3/21/00 and should = read (465=20 days). Thanks for pointing that out.
 
Katherine
----- Original Message -----
From:=20 Gyorgy=20 Veszpremi
Sent: Tuesday, January 15, 2002 = 9:01=20 AM
Subject: Re: [CANSLIM] market=20 direction/EFTs

Actually the bull market top was in March of 2000.=20

Katherine Malm wrote:=20

Here's a good way to look at the relative performance of the markets = since=20 key dates: I like to see these in bar chart view, but you can = use line=20 charts as well, as both are available: Look at comparisons from = key=20 dates to Friday's close (1/11/02): Bull market top: 3/21/2001 = (202=20 days)Latest market peak: 5/21/2001 (160 days)Follow-thru day: = 9/28/2001 (73=20 days) This will give you a comparison between Russell 2000 = (small cap),=20 MidCap, Large Cap, Naz100 (large cap tech), Dow and total market = proxies:http://stockcharts.com/webcgi/wb.exe?Perf.web+IWM,MDY,QQQ,DIA,IYYTh= ere=20 is a bar at the bottom of the chart that you can stretch to the days = right=20 and left that you want to consider once the chart is built. Roll = your cursor=20 over the chart and the key information for each index will pop = up. This=20 will give you a comparison between styles Sm Cap Growth, Mid Cap = Growth, Lg=20 Cap Growth,Sm Cap Val, Mid Cap Val, Lg Cap Val. Again, run these = from the=20 key date until today and you will be able to make your own = conclusions about=20 growth/value.http://stockcharts.com/webcgi/wb.exe?Perf.web+IJT,IJK,IVW,IJS,IJJ,I= VE For=20 a more general comparison between growth, value, total market, = try:http:/= /stockcharts.com/webcgi/wb.exe?Perf.web+IWZ,IWW,IYY Katherine=20
----- Original Message -----
From:=20 Ann
To: canslim@lists.xmission.com=
Sent: Sunday, January 13, = 2002 12:05=20 PM
Subject: Re: [CANSLIM] = market=20 direction/EFTs
 Thanks for your response, Andreas. I = think I see=20 what you are saying.
I invested in a SmallCap EFT recently, = and was=20 wondering whether I should
have!
----- Original Message = -----=20
From: "Andreas Himmelreich" <judgejimmy@web.de> =
To: <canslim@lists.xmission.com= >=20
Sent: Sunday, January 13, 2002 12:27 PM
Subject: AW: = [CANSLIM]=20 market direction
 =20

: You do not have to buy stocks with high PEs. Just go into = value and=20 growth
and
: let the BOs of ultra High PE stocks fail. =
:
:=20 David Ryan says in Market Wizards that the PE (or the Value) is = important=20
(even Won does not say it) for
: the probabillity of a = good=20 breakout.
:
: I do belive that the market right now=20 differenciates, its not a nutty bull
market like in the 90s = where=20
: everything went up, no matter its fundamentals (in some = stages of=20 the bull
market).
:
: But the market is not so bad, = that it=20 sends down all stocks, it
differenciates, thats all...
: =
: I=20 do actually not care about the market direction too much. The only =
question that is interesting:
: Is there an area which is=20 profitable? (so far only on the long side) There
where 100000s = of long=20 chances even in 2000 and 2001.
:
: Are there Industry = Groups that=20 set up a bull market for its member stocks?
If yes, money is = around=20 the corner. Pick it up and ride it.
: Just look at stuff like = TARO,=20 MDCI, AHMH, BZH in 2001...
:
: December was pretty much = flat on=20 the Indexes, but it was a great month for
a lot of canslim = stocks.=20
:
: I acutally would like it if the Nasdaq would be still = on 2000=20 Points at
the end of the year, as long
: fundamentally = sound=20 stocks go up and grap goes down.
:
: The only moment you = have to=20 be aware of is the moment gets so bad, that
nothing works, = every=20 Industry Group
: goes down pricewise, everything rolls over, = no matter=20 how good the
fundamentals of the stocks. Then and only then =
: it=20 is time to get flat. In 2001 that was from August to the beginning = of=20
October.
:
: Sorry to be so opinionated.
:
: = Andreas=20
:
:
: > -----Ursprungliche Nachricht-----
: = > Von:=20 rolf hertenstein [SMTP:rolfh@mindspring.com]
: > Gesendet = am:=20 Sunday, January 13, 2002 5:54 PM
: > An: canslim@lists.xmission.com= =20
: > Betreff: Re: [CANSLIM] market direction
: > =
: >=20 I'm still concerned about the overall market valuation, which = remains=20
high.
: > Yes, as earnings improve, market P/Es should = lower,=20 assuming prices
: > don't accelerate faster than earnings = improve.=20
: >
: > Even though WON gives little credence to = P/Es, I'm=20 adding a P
: > (CANSLIMP ?) for the time being.  I = think many=20 investors will be spooked
: > by high P/Es (e.g., KKD) and = tend=20 towards solid companies with
relatively
: > low = P/Es. =20 Just one new investor's opinion.
: >
: >  Rolf =
:=20 >
: > ----- Original Message -----
: > From: "Dan = Forant"=20 <dforant1@nycap.rr.com>=20
: > To: <canslim@lists.xmission.com= >=20
: > Sent: Sunday, January 13, 2002 9:31 AM
: > = [CANSLIM] market direction
: >
: >
: > > I = have=20 been saying all along this is going to be a sloooooooowwwww,
: = >=20 > recovery. Well into the year. All we have to do is *read* the = news. I=20
: > listen
: > > to a local analyst here named = Larry=20 King, he's with Smith Barney. A
few
: > > weeks ago = he was=20 calling for a quick market return. Just Friday he
changed =
: >=20 > course and now calls for growth but very slow. Analysts jobs = from=20
: > brokerage
: > > houses are to soften the tone = of bad=20 news. They can even make it sound
: > good.
: > > = Sure=20 there are stocks out there that the savvy trader may pick, but on =
:=20 > > average not. It takes months to years for rate and tax = cuts to=20 filter
into
: > > the economy.
: > >
: = >=20 > DanF
: > >
: > >
: > > ----- = Original=20 Message -----
: > > From: "Kent Norman" <kent_norman@yahoo.com> =
:=20 > > To: "CANSLIM" <canslim@xmission.com> =
: >=20 > Sent: Sunday, January 13, 2002 10:11 AM
: > > = [CANSLIM] market direction
: > >
: > >
: = > >=20 > Many "experts" are expecting the market to follow
: > = >=20 > tradition and rise in January and go flat to down for
: = > >=20 > a few months. Do you think this weeks 5 down days are
: = > >=20 > meaningful?
: > > >
: > > > I know = WON says=20 we don't need to be concerned with
: > > > where the = market=20 is heading, just where it is.
: > > >
: > > = > So=20 where is it? Is the party over? Should we all get
: > > = > out=20 of the pool?
: > > >
: > > > Kent Norman =
:=20 > > >
: > > >
: > > > = =3D=3D=3D=3D=3D
: >=20 > > Opportunities always look bigger going than coming. =
: >=20 > >
: > > >=20 __________________________________________________
: > > = > Do=20 You Yahoo!?
: > > > Send FREE video emails in Yahoo! = Mail!=20
: > > > http://promo.yahoo.com/videoma= il/=20
: > > >
: > > > -
: > > > = -To=20 subscribe/unsubscribe, email "majordomo@xmission.com" =
:=20 > > > -In the email body, write "subscribe canslim" or =
: >=20 > > -"unsubscribe canslim".  Do not use quotes in your = email.=20
: > > >
: > >
: > >
: > = > -=20
: > > -To subscribe/unsubscribe, email "majordomo@xmission.com" =
:=20 > > -In the email body, write "subscribe canslim" or
: = > >=20 -"unsubscribe canslim".  Do not use quotes in your email. =
: >=20 >
: >
: >
: > -
: > -To=20 subscribe/unsubscribe, email "majordomo@xmission.com" =
:=20 > -In the email body, write "subscribe canslim" or
: >=20 -"unsubscribe canslim".  Do not use quotes in your email. =
:
:=20 -
: -To subscribe/unsubscribe, email "majordomo@xmission.com" =
: -In=20 the email body, write "subscribe canslim" or
: -"unsubscribe=20 canslim".  Do not use quotes in your email.
:
 =20

-
-To subscribe/unsubscribe, email "majordomo@xmission.com" =
-In=20 the email body, write "subscribe canslim" or
-"unsubscribe=20 canslim".  Do not use quotes in your=20 email.

------=_NextPart_000_008F_01C19DA3.87CBE040-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: BIKEAR@aol.com Subject: Re: [CANSLIM] DFXI Date: 15 Jan 2002 14:05:17 EST Is to extended to by dfxi at 34.08 ?..hope to hear - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: AW: [CANSLIM] DFXI Date: 15 Jan 2002 20:15:19 +0100 Pivot is around 33.50 so I would say its in range. Nevertheless I would be carefull right now, I already cut back positions (at least so I do not have any margin). If Intel has bad results we go south, if it has good results the market could hold up ... > -----Ursprungliche Nachricht----- > Von: BIKEAR@aol.com [SMTP:BIKEAR@aol.com] > Gesendet am: Tuesday, January 15, 2002 8:05 PM > An: canslim@lists.xmission.com > Betreff: Re: [CANSLIM] DFXI > > Is to extended to by dfxi at 34.08 ?..hope to hear > > - > -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. ------------------------------------------------------------------------------- From: BIKEAR@aol.com Subject: Re: AW: [CANSLIM] DFXI Date: 15 Jan 2002 14:49:52 EST took my chance on dfxi and bought today when it dropped at 33.18 then turned around and put my stop in......... - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: AW: AW: [CANSLIM] DFXI Date: 15 Jan 2002 20:58:01 +0100 Good luck to us ... > -----Ursprungliche Nachricht----- > Von: BIKEAR@aol.com [SMTP:BIKEAR@aol.com] > Gesendet am: Tuesday, January 15, 2002 8:50 PM > An: canslim@lists.xmission.com > Betreff: Re: AW: [CANSLIM] DFXI > > took my chance on dfxi and bought today when it dropped at 33.18 then turned > around and put my stop in......... > > - > -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. ------------------------------------------------------------------------------- From: "Dave" Subject: RE: AW: [CANSLIM] DFXI Date: 15 Jan 2002 14:55:46 -0500 Buying breakout pullbacks in this market is very risky. It dropped over one point on very heavy volume in a matter of minutes. This indicates distribution. I own DFXI from its breakout but I am afraid it's going to become yet another failure. > -----Original Message----- > From: owner-canslim@lists.xmission.com > [mailto:owner-canslim@lists.xmission.com]On Behalf Of BIKEAR@aol.com > Sent: Tuesday, January 15, 2002 2:50 PM > To: canslim@lists.xmission.com > Subject: Re: AW: [CANSLIM] DFXI > > > took my chance on dfxi and bought today when it dropped at > 33.18 then turned > around and put my stop in......... > > - > -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. ------------------------------------------------------------------------------- From: "Tim Fisher" Subject: RE: AW: [CANSLIM] DFXI Date: 15 Jan 2002 15:29:36 -0800 Relying on luck is a dangerous practice. M says to sell some positions right now. It does not say to add new positions. I will wait for another FT day to confirm that the rally is still in place (today was almost distribution IMHO). I sold another one today (CACI); down to SONC and that's it for CANSLIM. At 02:55 PM 1/15/2002 -0500, you wrote: >Buying breakout pullbacks in this market is very risky. It dropped over >one point on very heavy volume in a matter of minutes. This indicates >distribution. > >I own DFXI from its breakout but I am afraid it's going to become yet >another failure. > > > -----Original Message----- > > From: owner-canslim@lists.xmission.com > > [mailto:owner-canslim@lists.xmission.com]On Behalf Of BIKEAR@aol.com > > Sent: Tuesday, January 15, 2002 2:50 PM > > To: canslim@lists.xmission.com > > Subject: Re: AW: [CANSLIM] DFXI > > > > > > took my chance on dfxi and bought today when it dropped at > > 33.18 then turned > > around and put my stop in......... > > > > - > > -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. Tim Fisher Ore-ROCK-On Rockhounding Web Site Pacific Fishery Biologists Information mailto:tim@OreRockOn.com WWW http://OreRockOn.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. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: AW: AW: [CANSLIM] DFXI Date: 16 Jan 2002 01:42:27 +0100 I would not add positions right now as well, but I still belive that DFXI is a valid breakout within reach of the pivot. I will not loose on the trade since my SL is well above my purchase price. Yesterday was the first distribution day on that typical CANSLIM stocks got hammered since the beginning of December. Today my Watchlists did perform very well again. Overal Vol was well below yesterdays (1,675,718,000 versus 180,000,000 on the nasdaq). I am still bullish but carefull ... > -----Ursprungliche Nachricht----- > Von: Tim Fisher [SMTP:Tim@orerockon.com] > Gesendet am: Wednesday, January 16, 2002 12:30 AM > An: canslim@lists.xmission.com > Betreff: RE: AW: [CANSLIM] DFXI > > Relying on luck is a dangerous practice. M says to sell some positions > right now. It does not say to add new positions. I will wait for another FT > day to confirm that the rally is still in place (today was almost > distribution IMHO). I sold another one today (CACI); down to SONC and > that's it for CANSLIM. > > At 02:55 PM 1/15/2002 -0500, you wrote: > >Buying breakout pullbacks in this market is very risky. It dropped over > >one point on very heavy volume in a matter of minutes. This indicates > >distribution. > > > >I own DFXI from its breakout but I am afraid it's going to become yet > >another failure. > > > > > -----Original Message----- > > > From: owner-canslim@lists.xmission.com > > > [mailto:owner-canslim@lists.xmission.com]On Behalf Of BIKEAR@aol.com > > > Sent: Tuesday, January 15, 2002 2:50 PM > > > To: canslim@lists.xmission.com > > > Subject: Re: AW: [CANSLIM] DFXI > > > > > > > > > took my chance on dfxi and bought today when it dropped at > > > 33.18 then turned > > > around and put my stop in......... > > > > > > - > > > -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. > > Tim Fisher > Ore-ROCK-On Rockhounding Web Site > Pacific Fishery Biologists Information > mailto:tim@OreRockOn.com > WWW http://OreRockOn.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. ------------------------------------------------------------------------------- From: "Ann" Subject: Re: [CANSLIM] market direction/EFTs Date: 15 Jan 2002 21:57:16 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_002C_01C19E0F.989CDE80 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable That makes me feel better. I figured I was missing something before. ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, January 15, 2002 10:03 AM Subject: Re: [CANSLIM] market direction/EFTs Sorry, that was a typo...It should have read 3/21/00 and should read = (465 days). Thanks for pointing that out. Katherine ----- Original Message -----=20 From: Gyorgy Veszpremi=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, January 15, 2002 9:01 AM Subject: Re: [CANSLIM] market direction/EFTs Actually the bull market top was in March of 2000.=20 Katherine Malm wrote:=20 Here's a good way to look at the relative performance of the = markets since key dates: I like to see these in bar chart view, but you = can use line charts as well, as both are available: Look at comparisons = from key dates to Friday's close (1/11/02): Bull market top: 3/21/2001 = (202 days)Latest market peak: 5/21/2001 (160 days)Follow-thru day: = 9/28/2001 (73 days) This will give you a comparison between Russell 2000 = (small cap), MidCap, Large Cap, Naz100 (large cap tech), Dow and total = market = proxies:http://stockcharts.com/webcgi/wb.exe?Perf.web+IWM,MDY,QQQ,DIA,IYY= There is a bar at the bottom of the chart that you can stretch to the = days right and left that you want to consider once the chart is built. = Roll your cursor over the chart and the key information for each index = will pop up. This will give you a comparison between styles Sm Cap = Growth, Mid Cap Growth, Lg Cap Growth,Sm Cap Val, Mid Cap Val, Lg Cap = Val. Again, run these from the key date until today and you will be able = to make your own conclusions about = growth/value.http://stockcharts.com/webcgi/wb.exe?Perf.web+IJT,IJK,IVW,IJ= S,IJJ,IVE For a more general comparison between growth, value, total = market, try:http://stockcharts.com/webcgi/wb.exe?Perf.web+IWZ,IWW,IYY = Katherine=20 ----- Original Message ----- From: Ann To: canslim@lists.xmission.com Sent: Sunday, January 13, 2002 12:05 PM Subject: Re: [CANSLIM] market direction/EFTs Thanks for your response, Andreas. I think I see what you are = saying.=20 I invested in a SmallCap EFT recently, and was wondering whether = I should=20 have!=20 ----- Original Message -----=20 From: "Andreas Himmelreich" =20 To: =20 Sent: Sunday, January 13, 2002 12:27 PM=20 Subject: AW: [CANSLIM] market direction=20 =20 : You do not have to buy stocks with high PEs. Just go into = value and growth=20 and=20 : let the BOs of ultra High PE stocks fail.=20 :=20 : David Ryan says in Market Wizards that the PE (or the Value) = is important=20 (even Won does not say it) for=20 : the probabillity of a good breakout.=20 :=20 : I do belive that the market right now differenciates, its not = a nutty bull=20 market like in the 90s where=20 : everything went up, no matter its fundamentals (in some stages = of the bull=20 market).=20 :=20 : But the market is not so bad, that it sends down all stocks, = it=20 differenciates, thats all...=20 :=20 : I do actually not care about the market direction too much. = The only=20 question that is interesting:=20 : Is there an area which is profitable? (so far only on the long = side) There=20 where 100000s of long chances even in 2000 and 2001.=20 :=20 : Are there Industry Groups that set up a bull market for its = member stocks?=20 If yes, money is around the corner. Pick it up and ride it.=20 : Just look at stuff like TARO, MDCI, AHMH, BZH in 2001...=20 :=20 : December was pretty much flat on the Indexes, but it was a = great month for=20 a lot of canslim stocks.=20 :=20 : I acutally would like it if the Nasdaq would be still on 2000 = Points at=20 the end of the year, as long=20 : fundamentally sound stocks go up and grap goes down.=20 :=20 : The only moment you have to be aware of is the moment gets so = bad, that=20 nothing works, every Industry Group=20 : goes down pricewise, everything rolls over, no matter how good = the=20 fundamentals of the stocks. Then and only then=20 : it is time to get flat. In 2001 that was from August to the = beginning of=20 October.=20 :=20 : Sorry to be so opinionated.=20 :=20 : Andreas=20 :=20 :=20 : > -----Ursprungliche Nachricht-----=20 : > Von: rolf hertenstein [SMTP:rolfh@mindspring.com]=20 : > Gesendet am: Sunday, January 13, 2002 5:54 PM=20 : > An: canslim@lists.xmission.com=20 : > Betreff: Re: [CANSLIM] market direction=20 : >=20 : > I'm still concerned about the overall market valuation, = which remains=20 high.=20 : > Yes, as earnings improve, market P/Es should lower, assuming = prices=20 : > don't accelerate faster than earnings improve.=20 : >=20 : > Even though WON gives little credence to P/Es, I'm adding a = P=20 : > (CANSLIMP ?) for the time being. I think many investors = will be spooked=20 : > by high P/Es (e.g., KKD) and tend towards solid companies = with=20 relatively=20 : > low P/Es. Just one new investor's opinion.=20 : >=20 : > Rolf=20 : >=20 : > ----- Original Message -----=20 : > From: "Dan Forant" =20 : > To: =20 : > Sent: Sunday, January 13, 2002 9:31 AM=20 : > Subject: Re: [CANSLIM] market direction=20 : >=20 : >=20 : > > I have been saying all along this is going to be a = sloooooooowwwww,=20 : > > recovery. Well into the year. All we have to do is *read* = the news. I=20 : > listen=20 : > > to a local analyst here named Larry King, he's with Smith = Barney. A=20 few=20 : > > weeks ago he was calling for a quick market return. Just = Friday he=20 changed=20 : > > course and now calls for growth but very slow. Analysts = jobs from=20 : > brokerage=20 : > > houses are to soften the tone of bad news. They can even = make it sound=20 : > good.=20 : > > Sure there are stocks out there that the savvy trader may = pick, but on=20 : > > average not. It takes months to years for rate and tax = cuts to filter=20 into=20 : > > the economy.=20 : > >=20 : > > DanF=20 : > >=20 : > >=20 : > > ----- Original Message -----=20 : > > From: "Kent Norman" =20 : > > To: "CANSLIM" =20 : > > Sent: Sunday, January 13, 2002 10:11 AM=20 : > > Subject: [CANSLIM] market direction=20 : > >=20 : > >=20 : > > > Many "experts" are expecting the market to follow=20 : > > > tradition and rise in January and go flat to down for=20 : > > > a few months. Do you think this weeks 5 down days are=20 : > > > meaningful?=20 : > > >=20 : > > > I know WON says we don't need to be concerned with=20 : > > > where the market is heading, just where it is.=20 : > > >=20 : > > > So where is it? Is the party over? Should we all get=20 : > > > out of the pool?=20 : > > >=20 : > > > Kent Norman=20 : > > >=20 : > > >=20 : > > > =3D=3D=3D=3D=3D=20 : > > > Opportunities always look bigger going than coming.=20 : > > >=20 : > > > __________________________________________________=20 : > > > Do You Yahoo!?=20 : > > > Send FREE video emails in Yahoo! Mail!=20 : > > > http://promo.yahoo.com/videomail/=20 : > > >=20 : > > > -=20 : > > > -To subscribe/unsubscribe, email = "majordomo@xmission.com"=20 : > > > -In the email body, write "subscribe canslim" or=20 : > > > -"unsubscribe canslim". Do not use quotes in your = email.=20 : > > >=20 : > >=20 : > >=20 : > > -=20 : > > -To subscribe/unsubscribe, email "majordomo@xmission.com"=20 : > > -In the email body, write "subscribe canslim" or=20 : > > -"unsubscribe canslim". Do not use quotes in your email.=20 : > >=20 : >=20 : >=20 : > -=20 : > -To subscribe/unsubscribe, email "majordomo@xmission.com"=20 : > -In the email body, write "subscribe canslim" or=20 : > -"unsubscribe canslim". Do not use quotes in your email.=20 :=20 : -=20 : -To subscribe/unsubscribe, email "majordomo@xmission.com"=20 : -In the email body, write "subscribe canslim" or=20 : -"unsubscribe canslim". Do not use quotes in your email.=20 :=20 =20 -=20 -To subscribe/unsubscribe, email "majordomo@xmission.com"=20 -In the email body, write "subscribe canslim" or=20 -"unsubscribe canslim". Do not use quotes in your email. ------=_NextPart_000_002C_01C19E0F.989CDE80 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
That makes me feel better. I figured I was missing = something=20 before.
----- Original Message -----
From:=20 Katherine=20 Malm
Sent: Tuesday, January 15, 2002 = 10:03=20 AM
Subject: Re: [CANSLIM] market=20 direction/EFTs

Sorry, that was a typo...It should have read 3/21/00 and should = read (465=20 days). Thanks for pointing that out.
 
Katherine
----- Original Message -----
From:=20 Gyorgy=20 Veszpremi
Sent: Tuesday, January 15, = 2002 9:01=20 AM
Subject: Re: [CANSLIM] market = direction/EFTs

Actually the bull market top was in March of 2000.=20

Katherine Malm wrote:=20

Here's a good way to look at the relative performance of the = markets since=20 key dates: I like to see these in bar chart view, but you can = use=20 line charts as well, as both are available: Look at = comparisons from=20 key dates to Friday's close (1/11/02): Bull market top: = 3/21/2001=20 (202 days)Latest market peak: 5/21/2001 (160 days)Follow-thru day: = 9/28/2001 (73 days) This will give you a comparison between = Russell=20 2000 (small cap), MidCap, Large Cap, Naz100 (large cap tech), Dow = and=20 total market proxies:http://stockcharts.com/webcgi/wb.exe?Perf.web+IWM,MDY,QQQ,DIA,IYYTh= ere=20 is a bar at the bottom of the chart that you can stretch to the = days right=20 and left that you want to consider once the chart is built. Roll = your=20 cursor over the chart and the key information for each index will = pop=20 up. This will give you a comparison between styles Sm Cap = Growth, Mid=20 Cap Growth, Lg Cap Growth,Sm Cap Val, Mid Cap Val, Lg Cap Val. = Again, run=20 these from the key date until today and you will be able to make = your own=20 conclusions about growth/value.http://stockcharts.com/webcgi/wb.exe?Perf.web+IJT,IJK,IVW,IJS,IJJ,I= VE For=20 a more general comparison between growth, value, total market, = try:http:/= /stockcharts.com/webcgi/wb.exe?Perf.web+IWZ,IWW,IYY Katherine=20
----- Original Message = -----
From:=20 Ann
To: canslim@lists.xmission.com=
Sent: Sunday, January 13, = 2002=20 12:05 PM
Subject: Re: [CANSLIM] = market=20 direction/EFTs
 Thanks for your response, Andreas. I = think I=20 see what you are saying.
I invested in a SmallCap EFT = recently, and=20 was wondering whether I should
have!
----- Original = Message=20 -----
From: "Andreas Himmelreich" <judgejimmy@web.de> =
To: <canslim@lists.xmission.com= >=20
Sent: Sunday, January 13, 2002 12:27 PM
Subject: AW: = [CANSLIM]=20 market direction
 =20

: You do not have to buy stocks with high PEs. Just go into = value and=20 growth
and
: let the BOs of ultra High PE stocks fail. =
:=20
: David Ryan says in Market Wizards that the PE (or the = Value) is=20 important
(even Won does not say it) for
: the = probabillity of a=20 good breakout.
:
: I do belive that the market right now = differenciates, its not a nutty bull
market like in the 90s = where=20
: everything went up, no matter its fundamentals (in some = stages of=20 the bull
market).
:
: But the market is not so bad, = that it=20 sends down all stocks, it
differenciates, thats all...
: =
: I=20 do actually not care about the market direction too much. The = only=20
question that is interesting:
: Is there an area which = is=20 profitable? (so far only on the long side) There
where = 100000s of=20 long chances even in 2000 and 2001.
:
: Are there = Industry=20 Groups that set up a bull market for its member stocks?
If = yes,=20 money is around the corner. Pick it up and ride it.
: Just = look at=20 stuff like TARO, MDCI, AHMH, BZH in 2001...
:
: December = was=20 pretty much flat on the Indexes, but it was a great month for =
a lot=20 of canslim stocks.
:
: I acutally would like it if the = Nasdaq=20 would be still on 2000 Points at
the end of the year, as = long
:=20 fundamentally sound stocks go up and grap goes down.
:
: = The=20 only moment you have to be aware of is the moment gets so bad, = that=20
nothing works, every Industry Group
: goes down = pricewise,=20 everything rolls over, no matter how good the
fundamentals = of the=20 stocks. Then and only then
: it is time to get flat. In 2001 = that=20 was from August to the beginning of
October.
:
: = Sorry to be=20 so opinionated.
:
: Andreas
:
:
: >=20 -----Ursprungliche Nachricht-----
: > Von: rolf = hertenstein=20 [SMTP:rolfh@mindspring.com]
: > Gesendet am: Sunday, = January 13,=20 2002 5:54 PM
: > An: canslim@lists.xmission.com= =20
: > Betreff: Re: [CANSLIM] market direction
: > =
: >=20 I'm still concerned about the overall market valuation, which = remains=20
high.
: > Yes, as earnings improve, market P/Es = should lower,=20 assuming prices
: > don't accelerate faster than earnings = improve.
: >
: > Even though WON gives little = credence to=20 P/Es, I'm adding a P
: > (CANSLIMP ?) for the time = being.  I=20 think many investors will be spooked
: > by high P/Es = (e.g., KKD)=20 and tend towards solid companies with
relatively
: > = low=20 P/Es.  Just one new investor's opinion.
: >
: = > =20 Rolf
: >
: > ----- Original Message -----
: = > From:=20 "Dan Forant" <dforant1@nycap.rr.com> =
:=20 > To: <canslim@lists.xmission.com= >=20
: > Sent: Sunday, January 13, 2002 9:31 AM
: > = Re: [CANSLIM] market direction
: >
: >
: > = > I=20 have been saying all along this is going to be a = sloooooooowwwww,
:=20 > > recovery. Well into the year. All we have to do is = *read* the=20 news. I
: > listen
: > > to a local analyst = here named=20 Larry King, he's with Smith Barney. A
few
: > > = weeks ago=20 he was calling for a quick market return. Just Friday he =
changed=20
: > > course and now calls for growth but very slow. = Analysts=20 jobs from
: > brokerage
: > > houses are to = soften the=20 tone of bad news. They can even make it sound
: > good. =
:=20 > > Sure there are stocks out there that the savvy trader = may=20 pick, but on
: > > average not. It takes months to = years for=20 rate and tax cuts to filter
into
: > > the = economy.
:=20 > >
: > > DanF
: > >
: > > =
:=20 > > ----- Original Message -----
: > > From: = "Kent=20 Norman" <kent_norman@yahoo.com> =
:=20 > > To: "CANSLIM" <canslim@xmission.com>
:=20 > > Sent: Sunday, January 13, 2002 10:11 AM
: > = >=20 Subject: [CANSLIM] market direction
: > >
: > = >=20
: > > > Many "experts" are expecting the market to = follow=20
: > > > tradition and rise in January and go flat = to down=20 for
: > > > a few months. Do you think this weeks 5 = down=20 days are
: > > > meaningful?
: > > > =
:=20 > > > I know WON says we don't need to be concerned = with
:=20 > > > where the market is heading, just where it is. =
: >=20 > >
: > > > So where is it? Is the party = over? Should=20 we all get
: > > > out of the pool?
: > > = >=20
: > > > Kent Norman
: > > >
: > = >=20 >
: > > > =3D=3D=3D=3D=3D
: > > > = Opportunities=20 always look bigger going than coming.
: > > >
: = >=20 > > __________________________________________________ =
: >=20 > > Do You Yahoo!?
: > > > Send FREE video = emails in=20 Yahoo! Mail!
: > > > http://promo.yahoo.com/videoma= il/=20
: > > >
: > > > -
: > > > = -To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
: = > > > -In the email body, write "subscribe canslim" or =
:=20 > > > -"unsubscribe canslim".  Do not use quotes = in your=20 email.
: > > >
: > >
: > > =
: >=20 > -
: > > -To subscribe/unsubscribe, email "majordomo@xmission.com"
: = > > -In the email body, write "subscribe canslim" or
: = >=20 > -"unsubscribe canslim".  Do not use quotes in your = email.=20
: > >
: >
: >
: > -
: > = -To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
: = > -In the email body, write "subscribe canslim" or
: > = -"unsubscribe canslim".  Do not use quotes in your email. =
:=20
: -
: -To subscribe/unsubscribe, email "majordomo@xmission.com"
: = -In the email body, write "subscribe canslim" or
: = -"unsubscribe=20 canslim".  Do not use quotes in your email.
: =
 =20

-
-To subscribe/unsubscribe, email "majordomo@xmission.com" =
-In=20 the email body, write "subscribe canslim" or
-"unsubscribe=20 canslim".  Do not use quotes in your=20 = email.

------=_NextPart_000_002C_01C19E0F.989CDE80-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "John Adair" Subject: RE: [CANSLIM]earnings reporting Date: 15 Jan 2002 21:55:25 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_0015_01C19E0F.568C0700 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable X-MIME-Autoconverted: from 8bit to quoted-printable by mail3.brightok.net id VAA20828 I assume everyone uses earnings reports as a basic tool for evaluating a stock . Furthermore a stock =91s relative strength is derived mostly from= that earnings report. We have all heard about Enron. This morning I read Doll= ar General found a $100,000,000 =93error =93in their earnings report which w= ould have changed their earnings from $.55 to $.65/ share . In the same local paper Sunbeam also reported a similar =93error=94. I am of the opinion it= s time to become a squeaky wheel with our elected representatives. I know there will be hearings but likely no significant lasting changes unless it is demanded by the investing public. It is time to criminalize as well as penalize with punitive damages all misleading and erroneous accounting activity with the accountant as well as the board of directors and operat= ing officers of the offending firm. Lets let all of our elected representatives know just how big the investi= ng community is. This is not a republican or democrat or a campaign contribution issue but an integrity in reporting of accounting issue. Won= t you join me in contacting your elected representatives. Sincerely John R. Adair, M.D. Ret. -----Original Message----- [mailto:owner-canslim@lists.xmission.com]On Behalf Of Katherine Malm Sent: Tuesday, January 15, 2002 9:04 AM Sorry, that was a typo...It should have read 3/21/00 and should read (465 days). Thanks for pointing that out. Katherine ----- Original Message ----- Sent: Tuesday, January 15, 2002 9:01 AM Actually the bull market top was in March of 2000. Katherine Malm wrote: Here's a good way to look at the relative performance of the markets sinc= e key dates: I like to see these in bar chart view, but you can use line charts as well, as both are available: Look at comparisons from key dates= to Friday's close (1/11/02): Bull market top: 3/21/2001 (202 days)Latest mar= ket peak: 5/21/2001 (160 days)Follow-thru day: 9/28/2001 (73 days) This will give you a comparison between Russell 2000 (small cap), MidCap, Large Cap= , Naz100 (large cap tech), Dow and total market proxies: http://stockcharts.com/webcgi/wb.exe?Perf.web+IWM,MDY,QQQ,DIA,IYYThere is= a bar at the bottom of the chart that you can stretch to the days right and left that you want to consider once the chart is built. Roll your cursor over the chart and the key information for each index will pop up. This w= ill give you a comparison between styles Sm Cap Growth, Mid Cap Growth, Lg Ca= p Growth,Sm Cap Val, Mid Cap Val, Lg Cap Val. Again, run these from the key date until today and you will be able to make your own conclusions about growth/value. http://stockcharts.com/webcgi/wb.exe?Perf.web+IJT,IJK,IVW,IJS,IJJ,IVE For= a more general comparison between growth, value, total market, try: http://stockcharts.com/webcgi/wb.exe?Perf.web+IWZ,IWW,IYY Katherine ----- Original Message ----- Sent: Sunday, January 13, 2002 12:05 PM Thanks for your response, Andreas. I think I see what you are saying. I invested in a SmallCap EFT recently, and was wondering whether I should have! ----- Original Message ----- > > Sent: Sunday, January 13, 2002 12:27 PM : You do not have to buy stocks with high PEs. Just go into value and gro= wth and : let the BOs of ultra High PE stocks fail. : : David Ryan says in Market Wizards that the PE (or the Value) is importa= nt (even Won does not say it) for : the probabillity of a good breakout. : : I do belive that the market right now differenciates, its not a nutty b= ull market like in the 90s where : everything went up, no matter its fundamentals (in some stages of the b= ull market). : : But the market is not so bad, that it sends down all stocks, it differenciates, thats all... : : I do actually not care about the market direction too much. The only question that is interesting: : Is there an area which is profitable? (so far only on the long side) Th= ere where 100000s of long chances even in 2000 and 2001. : : Are there Industry Groups that set up a bull market for its member stoc= ks? If yes, money is around the corner. Pick it up and ride it. : Just look at stuff like TARO, MDCI, AHMH, BZH in 2001... : : December was pretty much flat on the Indexes, but it was a great month = for a lot of canslim stocks. : : I acutally would like it if the Nasdaq would be still on 2000 Points at the end of the year, as long : fundamentally sound stocks go up and grap goes down. : : The only moment you have to be aware of is the moment gets so bad, that nothing works, every Industry Group : goes down pricewise, everything rolls over, no matter how good the fundamentals of the stocks. Then and only then : it is time to get flat. In 2001 that was from August to the beginning o= f October. : : Sorry to be so opinionated. : : Andreas : : : > -----Ursprungliche Nachricht----- : > Von: rolf hertenstein [SMTP:rolfh@mindspring.com] : > Gesendet am: Sunday, January 13, 2002 5:54 PM : > An: canslim@lists.xmission.com : > Betreff: Re: [CANSLIM] market direction : > : > I'm still concerned about the overall market valuation, which remains high. : > Yes, as earnings improve, market P/Es should lower, assuming prices : > don't accelerate faster than earnings improve. : > : > Even though WON gives little credence to P/Es, I'm adding a P : > (CANSLIMP ?) for the time being. I think many investors will be spoo= ked : > by high P/Es (e.g., KKD) and tend towards solid companies with relatively : > low P/Es. Just one new investor's opinion. : > : > Rolf : > : > ----- Original Message ----- : > From: "Dan Forant" < dforant1@nycap.rr.com > : > To: < canslim@lists.xmission.com = > : > Sent: Sunday, January 13, 2002 9:31 AM : > Subject: Re: [CANSLIM] market direction : > : > : > > I have been saying all along this is going to be a sloooooooowwwww, : > > recovery. Well into the year. All we have to do is *read* the news.= I : > listen : > > to a local analyst here named Larry King, he's with Smith Barney. A few : > > weeks ago he was calling for a quick market return. Just Friday he changed : > > course and now calls for growth but very slow. Analysts jobs from : > brokerage : > > houses are to soften the tone of bad news. They can even make it so= und : > good. : > > Sure there are stocks out there that the savvy trader may pick, but= on : > > average not. It takes months to years for rate and tax cuts to filt= er into : > > the economy. : > > : > > DanF : > > : > > : > > ----- Original Message ----- : > > From: "Kent Norman" < kent_norman@yahoo.com > : > > To: "CANSLIM" < canslim@xmission.com = > : > > Sent: Sunday, January 13, 2002 10:11 AM : > > Subject: [CANSLIM] market direction : > > : > > : > > > Many "experts" are expecting the market to follow : > > > tradition and rise in January and go flat to down for : > > > a few months. Do you think this weeks 5 down days are : > > > meaningful? : > > > : > > > I know WON says we don't need to be concerned with : > > > where the market is heading, just where it is. : > > > : > > > So where is it? Is the party over? Should we all get : > > > out of the pool? : > > > : > > > Kent Norman : > > > : > > > : > > > =3D=3D=3D=3D=3D : > > > Opportunities always look bigger going than coming. : > > > : > > > __________________________________________________ : > > > Do You Yahoo!? : > > > Send FREE video emails in Yahoo! Mail! : > > > http://promo.yahoo.com/videomail/ : > > > : > > > - : > > > -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. : : - : -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. ------=_NextPart_000_0015_01C19E0F.568C0700 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable

I = assume everyone uses earnings reports as a basic tool for evaluating a stock . Furthermore a stock ‘s relative strength is derived mostly from = that earnings report. We  have all heard = about Enron. This morning I read Dollar General found a $100,000,000 “error = “in their earnings report which would have changed their earnings from $.55 to = $.65/ share . In the same local paper Sunbeam also reported a similar = “error”. I am of the opinion its time to become a squeaky wheel with our elected representatives. I know there will be hearings but likely no significant = lasting changes unless it is demanded by the investing public. It is time to criminalize as well as penalize with punitive  damages all misleading and erroneous accounting = activity with the accountant as well as the board of directors and operating officers = of the offending firm.

Le= ts let all of our elected representatives know just how big the investing = community is. This is not a republican or democrat or a campaign contribution issue = but an integrity in reporting of accounting issue. Wont you join me in = contacting your elected representatives.

Si= ncerely

Jo= hn R. Adair, M.D. Ret.

 

-----Original Message-----
From: owner-canslim@lists.xmission.com = [mailto:owner-canslim@lists.xmission.com]On Behalf Of Katherine Malm
Sent: Tuesday, January = 15, 2002 9:04 AM
To: = canslim@lists.xmission.com
Subject: Re: [CANSLIM] = market direction/EFTs

 

Sorry, that was a typo...It should have read 3/21/00 and should read (465 days). = Thanks for pointing that out.

 <= /p>

Katherine<= /p>

----- Original Message -----

=

To: canslim@lists.xmission.com

Sent: Tuesday, = January 15, 2002 9:01 AM

Subject: Re: [CANSLIM] market direction/EFTs

 <= /p>

Actually the bull market top was in March of 2000. <= /p>

Katherine Malm wrote:

Here's a good way to look at the relative performance of the markets since key = dates: I like to see these in bar chart view, but you can use line charts as = well, as both are available: Look at comparisons from key dates to Friday's = close (1/11/02): Bull market top: 3/21/2001 (202 days)Latest market peak: 5/21/2001 (160 days)Follow-thru day: 9/28/2001 (73 days) This will = give you a comparison between Russell 2000 (small cap), MidCap, Large Cap, = Naz100 (large cap tech), Dow and total market proxies:http://stockcharts.com/webcgi/wb.exe?Perf.web+IWM,MDY,QQQ,DIA,IYYTh= ere is a bar at the bottom of the chart that you can stretch to the days = right and left that you want to consider once the chart is built. Roll your cursor = over the chart and the key information for each index will pop up. This = will give you a comparison between styles Sm Cap Growth, Mid Cap Growth, Lg = Cap Growth,Sm Cap Val, Mid Cap Val, Lg Cap Val. Again, run these from the = key date until today and you will be able to make your own conclusions about growth/value.http://stockcharts.com/webcgi/wb.exe?Perf.web+IJT,IJK,IVW,IJS,IJJ,I= VE For a more general comparison between growth, value, total market, try:http:/= /stockcharts.com/webcgi/wb.exe?Perf.web+IWZ,IWW,IYY Katherine <= /p>

----- Original Message -----

From: Ann

=

To: canslim@lists.xmission.com

Sent: Sunday, = January 13, 2002 12:05 PM

Subject: Re: [CANSLIM] market direction/EFTs

 Thanks for your response, Andreas. I think I see what you are saying.
I invested in a SmallCap EFT recently, and was wondering whether I = should
have!
----- Original Message -----
href=3D"mailto:judgejimmy@web.de">judgejimmy@web.de>
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com= >
Sent: Sunday, January 13, 2002 12:27 PM
 

: You do not have to buy stocks with high PEs. Just go into value and = growth
and
: let the BOs of ultra High PE stocks fail.
:
: David Ryan says in Market Wizards that the PE (or the Value) is = important
(even Won does not say it) for
: the probabillity of a good breakout.
:
: I do belive that the market right now differenciates, its not a nutty = bull
market like in the 90s where
: everything went up, no matter its fundamentals (in some stages of the = bull
market).
:
: But the market is not so bad, that it sends down all stocks, it
differenciates, thats all...
:
: I do actually not care about the market direction too much. The only =
question that is interesting:
: Is there an area which is profitable? (so far only on the long side) = There
where 100000s of long chances even in 2000 and 2001.
:
: Are there Industry Groups that set up a bull market for its member = stocks?
If yes, money is around the corner. Pick it up and ride it.
: Just look at stuff like TARO, MDCI, AHMH, BZH in 2001...
:
: December was pretty much flat on the Indexes, but it was a great month = for
a lot of canslim stocks.
:
: I acutally would like it if the Nasdaq would be still on 2000 Points = at
the end of the year, as long
: fundamentally sound stocks go up and grap goes down.
:
: The only moment you have to be aware of is the moment gets so bad, = that
nothing works, every Industry Group
: goes down pricewise, everything rolls over, no matter how good the =
fundamentals of the stocks. Then and only then
: it is time to get flat. In 2001 that was from August to the beginning = of
October.
:
: Sorry to be so opinionated.
:
: Andreas
:
:
: > -----Ursprungliche Nachricht-----
: > Von: rolf hertenstein [SMTP:rolfh@mindspring.com]
: > Gesendet am: Sunday, January 13, 2002 5:54 PM
: > An: canslim@lists.xmission.com=
: > Betreff: Re: [CANSLIM] market direction
: >
: > I'm still concerned about the overall market valuation, which = remains
high.
: > Yes, as earnings improve, market P/Es should lower, assuming = prices
: > don't accelerate faster than earnings improve.
: >
: > Even though WON gives little credence to P/Es, I'm adding a P =
: > (CANSLIMP ?) for the time being.  I think many investors = will be spooked
: > by high P/Es (e.g., KKD) and tend towards solid companies with =
relatively
: > low P/Es.  Just one new investor's opinion.
: >
: >  Rolf
: >
: > ----- Original Message -----
: > From: "Dan Forant" <dforant1@nycap.rr.com>
: > To: <canslim@lists.xmission.com= >
: > Sent: Sunday, January 13, 2002 9:31 AM
: > Subject: Re: [CANSLIM] market direction
: >
: >
: > > I have been saying all along this is going to be a = sloooooooowwwww,
: > > recovery. Well into the year. All we have to do is *read* = the news. I
: > listen
: > > to a local analyst here named Larry King, he's with Smith = Barney. A
few
: > > weeks ago he was calling for a quick market return. Just = Friday he
changed
: > > course and now calls for growth but very slow. Analysts jobs = from
: > brokerage
: > > houses are to soften the tone of bad news. They can even = make it sound
: > good.
: > > Sure there are stocks out there that the savvy trader may = pick, but on
: > > average not. It takes months to years for rate and tax cuts = to filter
into
: > > the economy.
: > >
: > > DanF
: > >
: > >
: > > ----- Original Message -----
: > > From: "Kent Norman" <kent_norman@yahoo.com>
: > > To: "CANSLIM" <canslim@xmission.com>
: > > Sent: Sunday, January 13, 2002 10:11 AM
: > > Subject: [CANSLIM] market direction
: > >
: > >
: > > > Many "experts" are expecting the market to = follow
: > > > tradition and rise in January and go flat to down for =
: > > > a few months. Do you think this weeks 5 down days are =
: > > > meaningful?
: > > >
: > > > I know WON says we don't need to be concerned with
: > > > where the market is heading, just where it is.
: > > >
: > > > So where is it? Is the party over? Should we all get =
: > > > out of the pool?
: > > >
: > > > Kent Norman
: > > >
: > > >
: > > > =3D=3D=3D=3D=3D
: > > > Opportunities always look bigger going than coming. =
: > > >
: > > > __________________________________________________
: > > > Do You Yahoo!?
: > > > Send FREE video emails in Yahoo! Mail!
: > > > http://promo.yahoo.com/videoma= il/
: > > >
: > > > -
: > > > -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.
:
: -
: -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.<= /p>

------=_NextPart_000_0015_01C19E0F.568C0700-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM]earnings reporting Date: 15 Jan 2002 23:32:03 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_009C_01C19E1C.D6400FC0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable John, I read today in the local paper where several Sunbeam executives = just settled a shareholder class action lawsuit for a measly $15 million = so they can concentrate on defending themselves against an upcoming SEC = charge of fraud regarding their accounting practices. Their auditor?? = Andersen. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: John Adair=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, January 15, 2002 10:55 PM Subject: RE: [CANSLIM]earnings reporting I assume everyone uses earnings reports as a basic tool for evaluating = a stock . Furthermore a stock 's relative strength is derived mostly = from that earnings report. We have all heard about Enron. This morning = I read Dollar General found a $100,000,000 "error "in their earnings = report which would have changed their earnings from $.55 to $.65/ share = . In the same local paper Sunbeam also reported a similar "error". I am = of the opinion its time to become a squeaky wheel with our elected = representatives. I know there will be hearings but likely no significant = lasting changes unless it is demanded by the investing public. It is = time to criminalize as well as penalize with punitive damages all = misleading and erroneous accounting activity with the accountant as well = as the board of directors and operating officers of the offending firm. Lets let all of our elected representatives know just how big the = investing community is. This is not a republican or democrat or a = campaign contribution issue but an integrity in reporting of accounting = issue. Wont you join me in contacting your elected representatives. Sincerely=20 John R. Adair, M.D. Ret. =20 -----Original Message----- From: owner-canslim@lists.xmission.com = [mailto:owner-canslim@lists.xmission.com]On Behalf Of Katherine Malm Sent: Tuesday, January 15, 2002 9:04 AM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] market direction/EFTs =20 Sorry, that was a typo...It should have read 3/21/00 and should read = (465 days). Thanks for pointing that out. =20 Katherine ----- Original Message -----=20 From: Gyorgy Veszpremi=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, January 15, 2002 9:01 AM Subject: Re: [CANSLIM] market direction/EFTs =20 Actually the bull market top was in March of 2000.=20 Katherine Malm wrote:=20 Here's a good way to look at the relative performance of the markets = since key dates: I like to see these in bar chart view, but you can use = line charts as well, as both are available: Look at comparisons from key = dates to Friday's close (1/11/02): Bull market top: 3/21/2001 (202 = days)Latest market peak: 5/21/2001 (160 days)Follow-thru day: 9/28/2001 = (73 days) This will give you a comparison between Russell 2000 (small = cap), MidCap, Large Cap, Naz100 (large cap tech), Dow and total market = proxies:http://stockcharts.com/webcgi/wb.exe?Perf.web+IWM,MDY,QQQ,DIA,IYY= There is a bar at the bottom of the chart that you can stretch to the = days right and left that you want to consider once the chart is built. = Roll your cursor over the chart and the key information for each index = will pop up. This will give you a comparison between styles Sm Cap = Growth, Mid Cap Growth, Lg Cap Growth,Sm Cap Val, Mid Cap Val, Lg Cap = Val. Again, run these from the key date until today and you will be able = to make your own conclusions about = growth/value.http://stockcharts.com/webcgi/wb.exe?Perf.web+IJT,IJK,IVW,IJ= S,IJJ,IVE For a more general comparison between growth, value, total = market, try:http://stockcharts.com/webcgi/wb.exe?Perf.web+IWZ,IWW,IYY = Katherine=20 ----- Original Message ----- From: Ann To: canslim@lists.xmission.com Sent: Sunday, January 13, 2002 12:05 PM Subject: Re: [CANSLIM] market direction/EFTs Thanks for your response, Andreas. I think I see what you are saying. = I invested in a SmallCap EFT recently, and was wondering whether I = should=20 have!=20 ----- Original Message -----=20 From: "Andreas Himmelreich" =20 To: =20 Sent: Sunday, January 13, 2002 12:27 PM=20 Subject: AW: [CANSLIM] market direction=20 =20 : You do not have to buy stocks with high PEs. Just go into value and = growth=20 and=20 : let the BOs of ultra High PE stocks fail.=20 :=20 : David Ryan says in Market Wizards that the PE (or the Value) is = important=20 (even Won does not say it) for=20 : the probabillity of a good breakout.=20 :=20 : I do belive that the market right now differenciates, its not a = nutty bull=20 market like in the 90s where=20 : everything went up, no matter its fundamentals (in some stages of = the bull=20 market).=20 :=20 : But the market is not so bad, that it sends down all stocks, it=20 differenciates, thats all...=20 :=20 : I do actually not care about the market direction too much. The only = question that is interesting:=20 : Is there an area which is profitable? (so far only on the long side) = There=20 where 100000s of long chances even in 2000 and 2001.=20 :=20 : Are there Industry Groups that set up a bull market for its member = stocks?=20 If yes, money is around the corner. Pick it up and ride it.=20 : Just look at stuff like TARO, MDCI, AHMH, BZH in 2001...=20 :=20 : December was pretty much flat on the Indexes, but it was a great = month for=20 a lot of canslim stocks.=20 :=20 : I acutally would like it if the Nasdaq would be still on 2000 Points = at=20 the end of the year, as long=20 : fundamentally sound stocks go up and grap goes down.=20 :=20 : The only moment you have to be aware of is the moment gets so bad, = that=20 nothing works, every Industry Group=20 : goes down pricewise, everything rolls over, no matter how good the=20 fundamentals of the stocks. Then and only then=20 : it is time to get flat. In 2001 that was from August to the = beginning of=20 October.=20 :=20 : Sorry to be so opinionated.=20 :=20 : Andreas=20 :=20 :=20 : > -----Ursprungliche Nachricht-----=20 : > Von: rolf hertenstein [SMTP:rolfh@mindspring.com]=20 : > Gesendet am: Sunday, January 13, 2002 5:54 PM=20 : > An: canslim@lists.xmission.com=20 : > Betreff: Re: [CANSLIM] market direction=20 : >=20 : > I'm still concerned about the overall market valuation, which = remains=20 high.=20 : > Yes, as earnings improve, market P/Es should lower, assuming = prices=20 : > don't accelerate faster than earnings improve.=20 : >=20 : > Even though WON gives little credence to P/Es, I'm adding a P=20 : > (CANSLIMP ?) for the time being. I think many investors will be = spooked=20 : > by high P/Es (e.g., KKD) and tend towards solid companies with=20 relatively=20 : > low P/Es. Just one new investor's opinion.=20 : >=20 : > Rolf=20 : >=20 : > ----- Original Message -----=20 : > From: "Dan Forant" =20 : > To: =20 : > Sent: Sunday, January 13, 2002 9:31 AM=20 : > Subject: Re: [CANSLIM] market direction=20 : >=20 : >=20 : > > I have been saying all along this is going to be a = sloooooooowwwww,=20 : > > recovery. Well into the year. All we have to do is *read* the = news. I=20 : > listen=20 : > > to a local analyst here named Larry King, he's with Smith = Barney. A=20 few=20 : > > weeks ago he was calling for a quick market return. Just Friday = he=20 changed=20 : > > course and now calls for growth but very slow. Analysts jobs = from=20 : > brokerage=20 : > > houses are to soften the tone of bad news. They can even make it = sound=20 : > good.=20 : > > Sure there are stocks out there that the savvy trader may pick, = but on=20 : > > average not. It takes months to years for rate and tax cuts to = filter=20 into=20 : > > the economy.=20 : > >=20 : > > DanF=20 : > >=20 : > >=20 : > > ----- Original Message -----=20 : > > From: "Kent Norman" =20 : > > To: "CANSLIM" =20 : > > Sent: Sunday, January 13, 2002 10:11 AM=20 : > > Subject: [CANSLIM] market direction=20 : > >=20 : > >=20 : > > > Many "experts" are expecting the market to follow=20 : > > > tradition and rise in January and go flat to down for=20 : > > > a few months. Do you think this weeks 5 down days are=20 : > > > meaningful?=20 : > > >=20 : > > > I know WON says we don't need to be concerned with=20 : > > > where the market is heading, just where it is.=20 : > > >=20 : > > > So where is it? Is the party over? Should we all get=20 : > > > out of the pool?=20 : > > >=20 : > > > Kent Norman=20 : > > >=20 : > > >=20 : > > > =3D=3D=3D=3D=3D=20 : > > > Opportunities always look bigger going than coming.=20 : > > >=20 : > > > __________________________________________________=20 : > > > Do You Yahoo!?=20 : > > > Send FREE video emails in Yahoo! Mail!=20 : > > > http://promo.yahoo.com/videomail/=20 : > > >=20 : > > > -=20 : > > > -To subscribe/unsubscribe, email "majordomo@xmission.com"=20 : > > > -In the email body, write "subscribe canslim" or=20 : > > > -"unsubscribe canslim". Do not use quotes in your email.=20 : > > >=20 : > >=20 : > >=20 : > > -=20 : > > -To subscribe/unsubscribe, email "majordomo@xmission.com"=20 : > > -In the email body, write "subscribe canslim" or=20 : > > -"unsubscribe canslim". Do not use quotes in your email.=20 : > >=20 : >=20 : >=20 : > -=20 : > -To subscribe/unsubscribe, email "majordomo@xmission.com"=20 : > -In the email body, write "subscribe canslim" or=20 : > -"unsubscribe canslim". Do not use quotes in your email.=20 :=20 : -=20 : -To subscribe/unsubscribe, email "majordomo@xmission.com"=20 : -In the email body, write "subscribe canslim" or=20 : -"unsubscribe canslim". Do not use quotes in your email.=20 :=20 =20 -=20 -To subscribe/unsubscribe, email "majordomo@xmission.com"=20 -In the email body, write "subscribe canslim" or=20 -"unsubscribe canslim". Do not use quotes in your email. ------=_NextPart_000_009C_01C19E1C.D6400FC0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
John, I read today in the local paper where = several=20 Sunbeam executives just settled a shareholder class action lawsuit for a = measly=20 $15 million so they can concentrate on defending themselves against an = upcoming=20 SEC charge of fraud regarding their accounting practices. Their = auditor??=20 Andersen.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 John=20 Adair
Sent: Tuesday, January 15, 2002 = 10:55=20 PM
Subject: RE: [CANSLIM]earnings=20 reporting

I=20 assume everyone uses earnings reports as a basic tool for evaluating a = stock .=20 Furthermore a stock =91s relative strength is derived mostly from that = earnings=20 report. We  have all = heard about=20 Enron. This morning I read Dollar General found a $100,000,000 = =93error =93in=20 their earnings report which would have changed their earnings from = $.55 to=20 $.65/ share . In the same local paper Sunbeam also reported a similar = =93error=94.=20 I am of the opinion its time to become a squeaky wheel with our = elected=20 representatives. I know there will be hearings but likely no = significant=20 lasting changes unless it is demanded by the investing public. It is = time to=20 criminalize as well as penalize with punitive  damages all misleading and = erroneous=20 accounting activity with the accountant as well as the board of = directors and=20 operating officers of the offending = firm.

Lets=20 let all of our elected representatives know just how big the investing = community is. This is not a republican or democrat or a campaign = contribution=20 issue but an integrity in reporting of accounting issue. Wont you join = me in=20 contacting your elected = representatives.

Sincerely=20

John=20 R. Adair, M.D. Ret.

 

-----Original=20 Message-----
From:=20 owner-canslim@lists.xmission.com=20 [mailto:owner-canslim@lists.xmission.com]On=20 Behalf Of Katherine Malm
Sent: Tuesday, January 15, 2002 = 9:04=20 AM
To:=20 canslim@lists.xmission.com
Subject: Re: [CANSLIM] market=20 direction/EFTs

 

Sorry, that was=20 a typo...It should have read 3/21/00 and should read (465 days). = Thanks for=20 pointing that out.

 

Katherine

----- = Original=20 Message -----

From: Gyorgy=20 Veszpremi

To: canslim@lists.xmission.com= =20

Sent: Tuesday, = January=20 15, 2002 9:01 AM

Subject: Re: = [CANSLIM]=20 market direction/EFTs

 

Actually the bull market top = was in=20 March of 2000.

Katherine Malm wrote:=20

Here's a good way to look at = the=20 relative performance of the markets since key dates: I like to = see these=20 in bar chart view, but you can use line charts as well, as both are=20 available: Look at comparisons from key dates to Friday's close=20 (1/11/02): Bull market top: 3/21/2001 (202 days)Latest market = peak:=20 5/21/2001 (160 days)Follow-thru day: 9/28/2001 (73 days) This = will give=20 you a comparison between Russell 2000 (small cap), MidCap, Large Cap, = Naz100=20 (large cap tech), Dow and total market proxies:http://stockcharts.com/webcgi/wb.exe?Perf.web+IWM,MDY,QQQ,DIA,IYYTh= ere=20 is a bar at the bottom of the chart that you can stretch to the days = right and=20 left that you want to consider once the chart is built. Roll your = cursor over=20 the chart and the key information for each index will pop = up. This will=20 give you a comparison between styles Sm Cap Growth, Mid Cap Growth, Lg = Cap=20 Growth,Sm Cap Val, Mid Cap Val, Lg Cap Val. Again, run these from the = key date=20 until today and you will be able to make your own conclusions about=20 growth/value.http://stockcharts.com/webcgi/wb.exe?Perf.web+IJT,IJK,IVW,IJS,IJJ,I= VE For=20 a more general comparison between growth, value, total market, try:http:/= /stockcharts.com/webcgi/wb.exe?Perf.web+IWZ,IWW,IYY Katherine=20

----- = Original=20 Message -----

From: Ann

To: canslim@lists.xmission.com=

Sent: Sunday, = January 13,=20 2002 12:05 PM

Subject: Re: = [CANSLIM]=20 market direction/EFTs

 Thanks for your = response, Andreas.=20 I think I see what you are saying.
I invested in a SmallCap EFT = recently,=20 and was wondering whether I should
have!
----- Original = Message -----=20
From: "Andreas Himmelreich" <judgejimmy@web.de>
To: = <canslim@lists.xmission.com= >=20
Sent: Sunday, January 13, 2002 12:27 PM
Subject: AW: [CANSLIM] = market=20 direction
 

: You do not have to buy = stocks with=20 high PEs. Just go into value and growth
and
: let the BOs of = ultra=20 High PE stocks fail.
:
: David Ryan says in Market Wizards = that the PE=20 (or the Value) is important
(even Won does not say it) for
: = the=20 probabillity of a good breakout.
:
: I do belive that the = market right=20 now differenciates, its not a nutty bull
market like in the 90s = where=20
: everything went up, no matter its fundamentals (in some stages = of the=20 bull
market).
:
: But the market is not so bad, that it = sends down=20 all stocks, it
differenciates, thats all...
:
: I do = actually not=20 care about the market direction too much. The only
question that = is=20 interesting:
: Is there an area which is profitable? (so far only = on the=20 long side) There
where 100000s of long chances even in 2000 and = 2001.=20
:
: Are there Industry Groups that set up a bull market for = its member=20 stocks?
If yes, money is around the corner. Pick it up and ride = it.
:=20 Just look at stuff like TARO, MDCI, AHMH, BZH in 2001...
:
: = December=20 was pretty much flat on the Indexes, but it was a great month for =
a lot of=20 canslim stocks.
:
: I acutally would like it if the Nasdaq = would be=20 still on 2000 Points at
the end of the year, as long
: = fundamentally=20 sound stocks go up and grap goes down.
:
: The only moment you = have to=20 be aware of is the moment gets so bad, that
nothing works, every = Industry=20 Group
: goes down pricewise, everything rolls over, no matter how = good the=20
fundamentals of the stocks. Then and only then
: it is time to = get=20 flat. In 2001 that was from August to the beginning of
October. =
:=20
: Sorry to be so opinionated.
:
: Andreas
:
: =
: >=20 -----Ursprungliche Nachricht-----
: > Von: rolf hertenstein=20 [SMTP:rolfh@mindspring.com]
: > Gesendet am: Sunday, January = 13, 2002=20 5:54 PM
: > An: canslim@lists.xmission.com=
:=20 > Betreff: Re: [CANSLIM] market direction
: >
: > I'm = still=20 concerned about the overall market valuation, which remains
high. =
:=20 > Yes, as earnings improve, market P/Es should lower, assuming = prices
:=20 > don't accelerate faster than earnings improve.
: >
: = > Even=20 though WON gives little credence to P/Es, I'm adding a P
: > = (CANSLIMP=20 ?) for the time being.  I think many investors will be spooked =
: >=20 by high P/Es (e.g., KKD) and tend towards solid companies with =
relatively=20
: > low P/Es.  Just one new investor's opinion.
: > =
:=20 >  Rolf
: >
: > ----- Original Message ----- =
: >=20 From: "Dan Forant" <dforant1@nycap.rr.com> =
: >=20 To: <canslim@lists.xmission.com= >=20
: > Sent: Sunday, January 13, 2002 9:31 AM
: > Subject: = Re:=20 [CANSLIM] market direction
: >
: >
: > > I = have been=20 saying all along this is going to be a sloooooooowwwww,
: > = >=20 recovery. Well into the year. All we have to do is *read* the news. I =
:=20 > listen
: > > to a local analyst here named Larry King, = he's=20 with Smith Barney. A
few
: > > weeks ago he was calling = for a=20 quick market return. Just Friday he
changed
: > > course = and now=20 calls for growth but very slow. Analysts jobs from
: > = brokerage
:=20 > > houses are to soften the tone of bad news. They can even = make it=20 sound
: > good.
: > > Sure there are stocks out there = that=20 the savvy trader may pick, but on
: > > average not. It = takes months=20 to years for rate and tax cuts to filter
into
: > > the = economy.=20
: > >
: > > DanF
: > >
: > > =
:=20 > > ----- Original Message -----
: > > From: "Kent = Norman"=20 <kent_norman@yahoo.com> =
:=20 > > To: "CANSLIM" <canslim@xmission.com> =
: >=20 > Sent: Sunday, January 13, 2002 10:11 AM
: > > Subject:=20 [CANSLIM] market direction
: > >
: > >
: > = >=20 > Many "experts" are expecting the market to follow
: > > = >=20 tradition and rise in January and go flat to down for
: > > = > a=20 few months. Do you think this weeks 5 down days are
: > > = >=20 meaningful?
: > > >
: > > > I know WON says = we don't=20 need to be concerned with
: > > > where the market is = heading,=20 just where it is.
: > > >
: > > > So where = is it? Is=20 the party over? Should we all get
: > > > out of the = pool?
:=20 > > >
: > > > Kent Norman
: > > > =
:=20 > > >
: > > > =3D=3D=3D=3D=3D
: > > = > Opportunities=20 always look bigger going than coming.
: > > >
: > = >=20 > __________________________________________________
: > = > >=20 Do You Yahoo!?
: > > > Send FREE video emails in Yahoo! = Mail!=20
: > > > http://promo.yahoo.com/videoma= il/=20
: > > >
: > > > -
: > > > -To=20 subscribe/unsubscribe, email "majordomo@xmission.com" =
: >=20 > > -In the email body, write "subscribe canslim" or
: > = >=20 > -"unsubscribe canslim".  Do not use quotes in your email. =
: >=20 > >
: > >
: > >
: > > -
: > = >=20 -To subscribe/unsubscribe, email "majordomo@xmission.com" =
: >=20 > -In the email body, write "subscribe canslim" or
: > >=20 -"unsubscribe canslim".  Do not use quotes in your email.
: = > >=20
: >
: >
: > -
: > -To = subscribe/unsubscribe, email=20 "majordomo@xmission.com" =
:=20 > -In the email body, write "subscribe canslim" or
: > = -"unsubscribe=20 canslim".  Do not use quotes in your email.
:
: -
: = -To=20 subscribe/unsubscribe, email "majordomo@xmission.com" =
: -In the=20 email body, write "subscribe canslim" or
: -"unsubscribe = canslim". =20 Do not use quotes in your email.
:
 

-
-To = subscribe/unsubscribe, email=20 "majordomo@xmission.com" =
-In=20 the email body, write "subscribe canslim" or
-"unsubscribe = canslim". =20 Do not use quotes in your email.

= ------=_NextPart_000_009C_01C19E1C.D6400FC0-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM]earnings reporting Date: 15 Jan 2002 22:25:42 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_0136_01C19E13.91858B20 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Any question in anybody's mind why the Anderson Consulting group, now = spun off as Accenture (ACN, by the way stands for Accent on the Future), = wanted to distance themselves from the Mother Ship at Anderson? No = dummies *there.*=20 Katherine ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, January 15, 2002 10:32 PM Subject: Re: [CANSLIM]earnings reporting John, I read today in the local paper where several Sunbeam executives = just settled a shareholder class action lawsuit for a measly $15 million = so they can concentrate on defending themselves against an upcoming SEC = charge of fraud regarding their accounting practices. Their auditor?? = Andersen. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: John Adair=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, January 15, 2002 10:55 PM Subject: RE: [CANSLIM]earnings reporting I assume everyone uses earnings reports as a basic tool for = evaluating a stock . Furthermore a stock 's relative strength is derived = mostly from that earnings report. We have all heard about Enron. This = morning I read Dollar General found a $100,000,000 "error "in their = earnings report which would have changed their earnings from $.55 to = $.65/ share . In the same local paper Sunbeam also reported a similar = "error". I am of the opinion its time to become a squeaky wheel with our = elected representatives. I know there will be hearings but likely no = significant lasting changes unless it is demanded by the investing = public. It is time to criminalize as well as penalize with punitive = damages all misleading and erroneous accounting activity with the = accountant as well as the board of directors and operating officers of = the offending firm. Lets let all of our elected representatives know just how big the = investing community is. This is not a republican or democrat or a = campaign contribution issue but an integrity in reporting of accounting = issue. Wont you join me in contacting your elected representatives. Sincerely=20 John R. Adair, M.D. Ret. =20 -----Original Message----- From: owner-canslim@lists.xmission.com = [mailto:owner-canslim@lists.xmission.com]On Behalf Of Katherine Malm Sent: Tuesday, January 15, 2002 9:04 AM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] market direction/EFTs =20 Sorry, that was a typo...It should have read 3/21/00 and should read = (465 days). Thanks for pointing that out. =20 Katherine ----- Original Message -----=20 From: Gyorgy Veszpremi=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, January 15, 2002 9:01 AM Subject: Re: [CANSLIM] market direction/EFTs =20 Actually the bull market top was in March of 2000.=20 Katherine Malm wrote:=20 Here's a good way to look at the relative performance of the markets = since key dates: I like to see these in bar chart view, but you can use = line charts as well, as both are available: Look at comparisons from key = dates to Friday's close (1/11/02): Bull market top: 3/21/2001 (202 = days)Latest market peak: 5/21/2001 (160 days)Follow-thru day: 9/28/2001 = (73 days) This will give you a comparison between Russell 2000 (small = cap), MidCap, Large Cap, Naz100 (large cap tech), Dow and total market = proxies:http://stockcharts.com/webcgi/wb.exe?Perf.web+IWM,MDY,QQQ,DIA,IYY= There is a bar at the bottom of the chart that you can stretch to the = days right and left that you want to consider once the chart is built. = Roll your cursor over the chart and the key information for each index = will pop up. This will give you a comparison between styles Sm Cap = Growth, Mid Cap Growth, Lg Cap Growth,Sm Cap Val, Mid Cap Val, Lg Cap = Val. Again, run these from the key date until today and you will be able = to make your own conclusions about = growth/value.http://stockcharts.com/webcgi/wb.exe?Perf.web+IJT,IJK,IVW,IJ= S,IJJ,IVE For a more general comparison between growth, value, total = market, try:http://stockcharts.com/webcgi/wb.exe?Perf.web+IWZ,IWW,IYY = Katherine=20 ----- Original Message ----- From: Ann To: canslim@lists.xmission.com Sent: Sunday, January 13, 2002 12:05 PM Subject: Re: [CANSLIM] market direction/EFTs Thanks for your response, Andreas. I think I see what you are = saying.=20 I invested in a SmallCap EFT recently, and was wondering whether I = should=20 have!=20 ----- Original Message -----=20 From: "Andreas Himmelreich" =20 To: =20 Sent: Sunday, January 13, 2002 12:27 PM=20 Subject: AW: [CANSLIM] market direction=20 =20 : You do not have to buy stocks with high PEs. Just go into value = and growth=20 and=20 : let the BOs of ultra High PE stocks fail.=20 :=20 : David Ryan says in Market Wizards that the PE (or the Value) is = important=20 (even Won does not say it) for=20 : the probabillity of a good breakout.=20 :=20 : I do belive that the market right now differenciates, its not a = nutty bull=20 market like in the 90s where=20 : everything went up, no matter its fundamentals (in some stages of = the bull=20 market).=20 :=20 : But the market is not so bad, that it sends down all stocks, it=20 differenciates, thats all...=20 :=20 : I do actually not care about the market direction too much. The = only=20 question that is interesting:=20 : Is there an area which is profitable? (so far only on the long = side) There=20 where 100000s of long chances even in 2000 and 2001.=20 :=20 : Are there Industry Groups that set up a bull market for its member = stocks?=20 If yes, money is around the corner. Pick it up and ride it.=20 : Just look at stuff like TARO, MDCI, AHMH, BZH in 2001...=20 :=20 : December was pretty much flat on the Indexes, but it was a great = month for=20 a lot of canslim stocks.=20 :=20 : I acutally would like it if the Nasdaq would be still on 2000 = Points at=20 the end of the year, as long=20 : fundamentally sound stocks go up and grap goes down.=20 :=20 : The only moment you have to be aware of is the moment gets so bad, = that=20 nothing works, every Industry Group=20 : goes down pricewise, everything rolls over, no matter how good the = fundamentals of the stocks. Then and only then=20 : it is time to get flat. In 2001 that was from August to the = beginning of=20 October.=20 :=20 : Sorry to be so opinionated.=20 :=20 : Andreas=20 :=20 :=20 : > -----Ursprungliche Nachricht-----=20 : > Von: rolf hertenstein [SMTP:rolfh@mindspring.com]=20 : > Gesendet am: Sunday, January 13, 2002 5:54 PM=20 : > An: canslim@lists.xmission.com=20 : > Betreff: Re: [CANSLIM] market direction=20 : >=20 : > I'm still concerned about the overall market valuation, which = remains=20 high.=20 : > Yes, as earnings improve, market P/Es should lower, assuming = prices=20 : > don't accelerate faster than earnings improve.=20 : >=20 : > Even though WON gives little credence to P/Es, I'm adding a P=20 : > (CANSLIMP ?) for the time being. I think many investors will be = spooked=20 : > by high P/Es (e.g., KKD) and tend towards solid companies with=20 relatively=20 : > low P/Es. Just one new investor's opinion.=20 : >=20 : > Rolf=20 : >=20 : > ----- Original Message -----=20 : > From: "Dan Forant" =20 : > To: =20 : > Sent: Sunday, January 13, 2002 9:31 AM=20 : > Subject: Re: [CANSLIM] market direction=20 : >=20 : >=20 : > > I have been saying all along this is going to be a = sloooooooowwwww,=20 : > > recovery. Well into the year. All we have to do is *read* the = news. I=20 : > listen=20 : > > to a local analyst here named Larry King, he's with Smith = Barney. A=20 few=20 : > > weeks ago he was calling for a quick market return. Just = Friday he=20 changed=20 : > > course and now calls for growth but very slow. Analysts jobs = from=20 : > brokerage=20 : > > houses are to soften the tone of bad news. They can even make = it sound=20 : > good.=20 : > > Sure there are stocks out there that the savvy trader may = pick, but on=20 : > > average not. It takes months to years for rate and tax cuts to = filter=20 into=20 : > > the economy.=20 : > >=20 : > > DanF=20 : > >=20 : > >=20 : > > ----- Original Message -----=20 : > > From: "Kent Norman" =20 : > > To: "CANSLIM" =20 : > > Sent: Sunday, January 13, 2002 10:11 AM=20 : > > Subject: [CANSLIM] market direction=20 : > >=20 : > >=20 : > > > Many "experts" are expecting the market to follow=20 : > > > tradition and rise in January and go flat to down for=20 : > > > a few months. Do you think this weeks 5 down days are=20 : > > > meaningful?=20 : > > >=20 : > > > I know WON says we don't need to be concerned with=20 : > > > where the market is heading, just where it is.=20 : > > >=20 : > > > So where is it? Is the party over? Should we all get=20 : > > > out of the pool?=20 : > > >=20 : > > > Kent Norman=20 : > > >=20 : > > >=20 : > > > =3D=3D=3D=3D=3D=20 : > > > Opportunities always look bigger going than coming.=20 : > > >=20 : > > > __________________________________________________=20 : > > > Do You Yahoo!?=20 : > > > Send FREE video emails in Yahoo! Mail!=20 : > > > http://promo.yahoo.com/videomail/=20 : > > >=20 : > > > -=20 : > > > -To subscribe/unsubscribe, email "majordomo@xmission.com"=20 : > > > -In the email body, write "subscribe canslim" or=20 : > > > -"unsubscribe canslim". Do not use quotes in your email.=20 : > > >=20 : > >=20 : > >=20 : > > -=20 : > > -To subscribe/unsubscribe, email "majordomo@xmission.com"=20 : > > -In the email body, write "subscribe canslim" or=20 : > > -"unsubscribe canslim". Do not use quotes in your email.=20 : > >=20 : >=20 : >=20 : > -=20 : > -To subscribe/unsubscribe, email "majordomo@xmission.com"=20 : > -In the email body, write "subscribe canslim" or=20 : > -"unsubscribe canslim". Do not use quotes in your email.=20 :=20 : -=20 : -To subscribe/unsubscribe, email "majordomo@xmission.com"=20 : -In the email body, write "subscribe canslim" or=20 : -"unsubscribe canslim". Do not use quotes in your email.=20 :=20 =20 -=20 -To subscribe/unsubscribe, email "majordomo@xmission.com"=20 -In the email body, write "subscribe canslim" or=20 -"unsubscribe canslim". Do not use quotes in your email. ------=_NextPart_000_0136_01C19E13.91858B20 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Any question in anybody's mind why the Anderson Consulting group, = now spun=20 off as Accenture (ACN, by the way stands for Accent on = the=20 Future), wanted to distance themselves from the = Mother=20 Ship at Anderson? No dummies *there.*
 
Katherine
----- Original Message -----
From:=20 Tom = Worley=20
Sent: Tuesday, January 15, 2002 = 10:32=20 PM
Subject: Re: [CANSLIM]earnings=20 reporting

John, I read today in the local paper where = several=20 Sunbeam executives just settled a shareholder class action lawsuit for = a=20 measly $15 million so they can concentrate on defending themselves = against an=20 upcoming SEC charge of fraud regarding their accounting practices. = Their=20 auditor?? Andersen.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 John=20 Adair
Sent: Tuesday, January 15, = 2002 10:55=20 PM
Subject: RE: = [CANSLIM]earnings=20 reporting

I=20 assume everyone uses earnings reports as a basic tool for evaluating = a stock=20 . Furthermore a stock ‘s relative strength is derived mostly = from that=20 earnings report. We  have all=20 heard about Enron. This morning I read Dollar General found a = $100,000,000=20 “error “in their earnings report which would have = changed their earnings=20 from $.55 to $.65/ share . In the same local paper Sunbeam also = reported a=20 similar “error”. I am of the opinion its time to become = a squeaky wheel with=20 our elected representatives. I know there will be hearings but = likely no=20 significant lasting changes unless it is demanded by the investing = public.=20 It is time to criminalize as well as penalize with punitive  damages all misleading and = erroneous=20 accounting activity with the accountant as well as the board of = directors=20 and operating officers of the offending=20 firm.

Lets=20 let all of our elected representatives know just how big the = investing=20 community is. This is not a republican or democrat or a campaign=20 contribution issue but an integrity in reporting of accounting = issue. Wont=20 you join me in contacting your elected=20 representatives.

Sincerely=20

John=20 R. Adair, M.D. Ret.

 

-----Original=20 Message-----
From:=20 owner-canslim@lists.xmission.com=20 [mailto:owner-canslim@lists.xmission.com]On Behalf Of Katherine = Malm
Sent: Tuesday, January 15, = 2002 9:04=20 AM
To:=20 canslim@lists.xmission.com
Subject: Re: [CANSLIM] market = direction/EFTs

 

Sorry, that=20 was a typo...It should have read 3/21/00 and should read (465 days). = Thanks=20 for pointing that out.

 

Katherine

----- = Original=20 Message -----

From: Gyorgy=20 Veszpremi

To: canslim@lists.xmission.com= =20

Sent: = Tuesday, January=20 15, 2002 9:01 AM

Subject: Re: = [CANSLIM]=20 market direction/EFTs

 

Actually the bull market top = was in=20 March of 2000.

Katherine Malm wrote:=20

Here's a good way to look at = the=20 relative performance of the markets since key dates: I like to = see=20 these in bar chart view, but you can use line charts as well, as = both are=20 available: Look at comparisons from key dates to Friday's close = (1/11/02): Bull market top: 3/21/2001 (202 days)Latest market = peak:=20 5/21/2001 (160 days)Follow-thru day: 9/28/2001 (73 days) This = will give=20 you a comparison between Russell 2000 (small cap), MidCap, Large = Cap, Naz100=20 (large cap tech), Dow and total market proxies:http://stockcharts.com/webcgi/wb.exe?Perf.web+IWM,MDY,QQQ,DIA,IYYTh= ere=20 is a bar at the bottom of the chart that you can stretch to the days = right=20 and left that you want to consider once the chart is built. Roll = your cursor=20 over the chart and the key information for each index will pop = up. This=20 will give you a comparison between styles Sm Cap Growth, Mid Cap = Growth, Lg=20 Cap Growth,Sm Cap Val, Mid Cap Val, Lg Cap Val. Again, run these = from the=20 key date until today and you will be able to make your own = conclusions about=20 growth/value.http://stockcharts.com/webcgi/wb.exe?Perf.web+IJT,IJK,IVW,IJS,IJJ,I= VE For=20 a more general comparison between growth, value, total market, = try:http:/= /stockcharts.com/webcgi/wb.exe?Perf.web+IWZ,IWW,IYY Katherine=20

----- = Original=20 Message -----

From: Ann

To: canslim@lists.xmission.com=

Sent: Sunday, = January=20 13, 2002 12:05 PM

Subject: Re: = [CANSLIM]=20 market direction/EFTs

 Thanks for your = response,=20 Andreas. I think I see what you are saying.
I invested in a = SmallCap EFT=20 recently, and was wondering whether I should
have!
----- = Original=20 Message -----
From: "Andreas Himmelreich" <judgejimmy@web.de>
To: = <canslim@lists.xmission.com= >=20
Sent: Sunday, January 13, 2002 12:27 PM
Subject: AW: = [CANSLIM]=20 market direction
 

: You do not have to buy = stocks with=20 high PEs. Just go into value and growth
and
: let the BOs of = ultra=20 High PE stocks fail.
:
: David Ryan says in Market Wizards = that the=20 PE (or the Value) is important
(even Won does not say it) for =
: the=20 probabillity of a good breakout.
:
: I do belive that the = market=20 right now differenciates, its not a nutty bull
market like in = the 90s=20 where
: everything went up, no matter its fundamentals (in some = stages=20 of the bull
market).
:
: But the market is not so bad, = that it=20 sends down all stocks, it
differenciates, thats all...
: =
: I do=20 actually not care about the market direction too much. The only =
question=20 that is interesting:
: Is there an area which is profitable? (so = far=20 only on the long side) There
where 100000s of long chances even = in 2000=20 and 2001.
:
: Are there Industry Groups that set up a bull = market=20 for its member stocks?
If yes, money is around the corner. Pick = it up=20 and ride it.
: Just look at stuff like TARO, MDCI, AHMH, BZH in = 2001...=20
:
: December was pretty much flat on the Indexes, but it was = a great=20 month for
a lot of canslim stocks.
:
: I acutally would = like it=20 if the Nasdaq would be still on 2000 Points at
the end of the = year, as=20 long
: fundamentally sound stocks go up and grap goes down. =
:
:=20 The only moment you have to be aware of is the moment gets so bad, = that=20
nothing works, every Industry Group
: goes down pricewise,=20 everything rolls over, no matter how good the
fundamentals of = the=20 stocks. Then and only then
: it is time to get flat. In 2001 = that was=20 from August to the beginning of
October.
:
: Sorry to be = so=20 opinionated.
:
: Andreas
:
:
: > = -----Ursprungliche=20 Nachricht-----
: > Von: rolf hertenstein = [SMTP:rolfh@mindspring.com]=20
: > Gesendet am: Sunday, January 13, 2002 5:54 PM
: > = An: canslim@lists.xmission.com= =20
: > Betreff: Re: [CANSLIM] market direction
: >
: = > I'm=20 still concerned about the overall market valuation, which remains =
high.=20
: > Yes, as earnings improve, market P/Es should lower, = assuming=20 prices
: > don't accelerate faster than earnings improve. =
: >=20
: > Even though WON gives little credence to P/Es, I'm adding = a P=20
: > (CANSLIMP ?) for the time being.  I think many = investors=20 will be spooked
: > by high P/Es (e.g., KKD) and tend towards = solid=20 companies with
relatively
: > low P/Es.  Just one = new=20 investor's opinion.
: >
: >  Rolf
: > =
: >=20 ----- Original Message -----
: > From: "Dan Forant" <dforant1@nycap.rr.com> =
: >=20 To: <canslim@lists.xmission.com= >=20
: > Sent: Sunday, January 13, 2002 9:31 AM
: > = [CANSLIM] market direction
: >
: >
: > > I = have been=20 saying all along this is going to be a sloooooooowwwww,
: > = >=20 recovery. Well into the year. All we have to do is *read* the news. = I
:=20 > listen
: > > to a local analyst here named Larry = King, he's=20 with Smith Barney. A
few
: > > weeks ago he was = calling for a=20 quick market return. Just Friday he
changed
: > > = course and=20 now calls for growth but very slow. Analysts jobs from
: > = brokerage=20
: > > houses are to soften the tone of bad news. They can = even=20 make it sound
: > good.
: > > Sure there are stocks = out=20 there that the savvy trader may pick, but on
: > > average = not. It=20 takes months to years for rate and tax cuts to filter
into
: = >=20 > the economy.
: > >
: > > DanF
: > = >
:=20 > >
: > > ----- Original Message -----
: > = > From:=20 "Kent Norman" <kent_norman@yahoo.com> =
: >=20 > To: "CANSLIM" <canslim@xmission.com> =
: >=20 > Sent: Sunday, January 13, 2002 10:11 AM
: > > = [CANSLIM] market direction
: > >
: > >
: = > >=20 > Many "experts" are expecting the market to follow
: > = > >=20 tradition and rise in January and go flat to down for
: > = > > a=20 few months. Do you think this weeks 5 down days are
: > > = >=20 meaningful?
: > > >
: > > > I know WON = says we=20 don't need to be concerned with
: > > > where the = market is=20 heading, just where it is.
: > > >
: > > > = So=20 where is it? Is the party over? Should we all get
: > > = > out=20 of the pool?
: > > >
: > > > Kent Norman =
:=20 > > >
: > > >
: > > > = =3D=3D=3D=3D=3D
: >=20 > > Opportunities always look bigger going than coming.
: = >=20 > >
: > > >=20 __________________________________________________
: > > = > Do=20 You Yahoo!?
: > > > Send FREE video emails in Yahoo! = Mail!=20
: > > > http://promo.yahoo.com/videoma= il/=20
: > > >
: > > > -
: > > > -To = subscribe/unsubscribe, email "majordomo@xmission.com" =
: >=20 > > -In the email body, write "subscribe canslim" or
: = > >=20 > -"unsubscribe canslim".  Do not use quotes in your email. =
:=20 > > >
: > >
: > >
: > > - =
: >=20 > -To subscribe/unsubscribe, email "majordomo@xmission.com" =
: >=20 > -In the email body, write "subscribe canslim" or
: > = >=20 -"unsubscribe canslim".  Do not use quotes in your email.
: = >=20 >
: >
: >
: > -
: > -To=20 subscribe/unsubscribe, email "majordomo@xmission.com" =
: >=20 -In the email body, write "subscribe canslim" or
: > = -"unsubscribe=20 canslim".  Do not use quotes in your email.
:
: -
: = -To=20 subscribe/unsubscribe, email "majordomo@xmission.com" =
: -In=20 the email body, write "subscribe canslim" or
: -"unsubscribe=20 canslim".  Do not use quotes in your email.
:
 =20

-
-To = subscribe/unsubscribe, email=20 "majordomo@xmission.com" =
-In=20 the email body, write "subscribe canslim" or
-"unsubscribe=20 canslim".  Do not use quotes in your email.

------=_NextPart_000_0136_01C19E13.91858B20-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: AW: [CANSLIM]earnings reporting Date: 16 Jan 2002 11:46:43 +0100 I worked together with Accenture, while they are sharks, they have pretty good business ethics. Did not work together with Anderson. But if laws are like here in Germany, where the auditor can not be charged almost for anything, things like that happen. Furthermore they get paid by the firmt they are auditing, how much independency can you expect. Zero. > -----Ursprungliche Nachricht----- > Von: Katherine Malm [SMTP:kmalm@earthlink.net] > Gesendet am: Wednesday, January 16, 2002 5:26 AM > An: canslim@lists.xmission.com > Betreff: Re: [CANSLIM]earnings reporting > > Any question in anybody's mind why the Anderson Consulting group, now spun off as Accenture (ACN, by the way stands for Accent on the Future), wanted to distance themselves from the Mother Ship at Anderson? No dummies *there.* > > Katherine > ----- Original Message ----- > From: Tom Worley > To: canslim@lists.xmission.com > Sent: Tuesday, January 15, 2002 10:32 PM > Subject: Re: [CANSLIM]earnings reporting > > > John, I read today in the local paper where several Sunbeam executives just settled a shareholder class action lawsuit for a measly $15 million so they can concentrate on defending themselves against an upcoming SEC charge of fraud regarding their accounting practices. Their auditor?? Andersen. > > Tom Worley > stkguru@netside.net > AIM: TexWorley > ----- Original Message ----- > From: John Adair > To: canslim@lists.xmission.com > Sent: Tuesday, January 15, 2002 10:55 PM > Subject: RE: [CANSLIM]earnings reporting > > > I assume everyone uses earnings reports as a basic tool for evaluating a stock . Furthermore a stock 's relative strength is derived mostly from that earnings report. We have all heard about Enron. This morning I read Dollar General found a $100,000,000 "error "in their earnings report which would have changed their earnings from $.55 to $.65/ share . In the same local paper Sunbeam also reported a similar "error". I am of the opinion its time to become a squeaky wheel with our elected representatives. I know there will be hearings but likely no significant lasting changes unless it is demanded by the investing public. It is time to criminalize as well as penalize with punitive damages all misleading and erroneous accounting activity with the accountant as well as the board of directors and operating officers of the offending firm. > > Lets let all of our elected representatives know just how big the investing community is. This is not a republican or democrat or a campaign contribution issue but an integrity in reporting of accounting issue. Wont you join me in contacting your elected representatives. > > Sincerely > > John R. Adair, M.D. Ret. > > > > -----Original Message----- > From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Katherine Malm > Sent: Tuesday, January 15, 2002 9:04 AM > To: canslim@lists.xmission.com > Subject: Re: [CANSLIM] market direction/EFTs > > > > Sorry, that was a typo...It should have read 3/21/00 and should read (465 days). Thanks for pointing that out. > > > > Katherine > > ----- Original Message ----- > > > From: Gyorgy Veszpremi > > To: canslim@lists.xmission.com > > Sent: Tuesday, January 15, 2002 9:01 AM > > Subject: Re: [CANSLIM] market direction/EFTs > > > > Actually the bull market top was in March of 2000. > > Katherine Malm wrote: > > Here's a good way to look at the relative performance of the markets since key dates: I like to see these in bar chart view, but you can use line charts as well, as both are available: Look at comparisons from key dates to Friday's close (1/11/02): Bull market top: 3/21/2001 (202 days)Latest market peak: 5/21/2001 (160 days)Follow-thru day: 9/28/2001 (73 days) This will give you a comparison between Russell 2000 (small cap), MidCap, Large Cap, Naz100 (large cap tech), Dow and total market proxies:http://stockcharts.com/webcgi/wb.exe?Perf.web+IWM,MDY,QQQ,DIA,IY YThere is a bar at the bottom of the chart that you can stretch to the days right and left that you want to consider once the chart is built. Roll your cursor over the chart and the key information for each index will pop up. This will give you a comparison between styles Sm Cap Growth, Mid Cap Growth, Lg Cap Growth,Sm Cap Val, Mid Cap Val, Lg Cap Val. Again, run these from the key date until today and you will be able to make your own conclusions about growth/value.http://stockcharts.com/webcgi/wb.exe?Perf.web+IJT,IJK,IVW,I JS,IJJ,IVE For a more general comparison between growth, value, total market, try:http://stockcharts.com/webcgi/wb.exe?Perf.web+IWZ,IWW,IYY Katherine > > ----- Original Message ----- > > > From: Ann > > To: canslim@lists.xmission.com > > Sent: Sunday, January 13, 2002 12:05 PM > > Subject: Re: [CANSLIM] market direction/EFTs > > Thanks for your response, Andreas. I think I see what you are saying. > I invested in a SmallCap EFT recently, and was wondering whether I should > have! > ----- Original Message ----- > From: "Andreas Himmelreich" > To: > Sent: Sunday, January 13, 2002 12:27 PM > Subject: AW: [CANSLIM] market direction > > > : You do not have to buy stocks with high PEs. Just go into value and growth > and > : let the BOs of ultra High PE stocks fail. > : > : David Ryan says in Market Wizards that the PE (or the Value) is important > (even Won does not say it) for > : the probabillity of a good breakout. > : > : I do belive that the market right now differenciates, its not a nutty bull > market like in the 90s where > : everything went up, no matter its fundamentals (in some stages of the bull > market). > : > : But the market is not so bad, that it sends down all stocks, it > differenciates, thats all... > : > : I do actually not care about the market direction too much. The only > question that is interesting: > : Is there an area which is profitable? (so far only on the long side) There > where 100000s of long chances even in 2000 and 2001. > : > : Are there Industry Groups that set up a bull market for its member stocks? > If yes, money is around the corner. Pick it up and ride it. > : Just look at stuff like TARO, MDCI, AHMH, BZH in 2001... > : > : December was pretty much flat on the Indexes, but it was a great month for > a lot of canslim stocks. > : > : I acutally would like it if the Nasdaq would be still on 2000 Points at > the end of the year, as long > : fundamentally sound stocks go up and grap goes down. > : > : The only moment you have to be aware of is the moment gets so bad, that > nothing works, every Industry Group > : goes down pricewise, everything rolls over, no matter how good the > fundamentals of the stocks. Then and only then > : it is time to get flat. In 2001 that was from August to the beginning of > October. > : > : Sorry to be so opinionated. > : > : Andreas > : > : > : > -----Ursprungliche Nachricht----- > : > Von: rolf hertenstein [SMTP:rolfh@mindspring.com] > : > Gesendet am: Sunday, January 13, 2002 5:54 PM > : > An: canslim@lists.xmission.com > : > Betreff: Re: [CANSLIM] market direction > : > > : > I'm still concerned about the overall market valuation, which remains > high. > : > Yes, as earnings improve, market P/Es should lower, assuming prices > : > don't accelerate faster than earnings improve. > : > > : > Even though WON gives little credence to P/Es, I'm adding a P > : > (CANSLIMP ?) for the time being. I think many investors will be spooked > : > by high P/Es (e.g., KKD) and tend towards solid companies with > relatively > : > low P/Es. Just one new investor's opinion. > : > > : > Rolf > : > > : > ----- Original Message ----- > : > From: "Dan Forant" > : > To: > : > Sent: Sunday, January 13, 2002 9:31 AM > : > Subject: Re: [CANSLIM] market direction > : > > : > > : > > I have been saying all along this is going to be a sloooooooowwwww, > : > > recovery. Well into the year. All we have to do is *read* the news. I > : > listen > : > > to a local analyst here named Larry King, he's with Smith Barney. A > few > : > > weeks ago he was calling for a quick market return. Just Friday he > changed > : > > course and now calls for growth but very slow. Analysts jobs from > : > brokerage > : > > houses are to soften the tone of bad news. They can even make it sound > : > good. > : > > Sure there are stocks out there that the savvy trader may pick, but on > : > > average not. It takes months to years for rate and tax cuts to filter > into > : > > the economy. > : > > > : > > DanF > : > > > : > > > : > > ----- Original Message ----- > : > > From: "Kent Norman" > : > > To: "CANSLIM" > : > > Sent: Sunday, January 13, 2002 10:11 AM > : > > Subject: [CANSLIM] market direction > : > > > : > > > : > > > Many "experts" are expecting the market to follow > : > > > tradition and rise in January and go flat to down for > : > > > a few months. Do you think this weeks 5 down days are > : > > > meaningful? > : > > > > : > > > I know WON says we don't need to be concerned with > : > > > where the market is heading, just where it is. > : > > > > : > > > So where is it? Is the party over? Should we all get > : > > > out of the pool? > : > > > > : > > > Kent Norman > : > > > > : > > > > : > > > ===== > : > > > Opportunities always look bigger going than coming. > : > > > > : > > > __________________________________________________ > : > > > Do You Yahoo!? > : > > > Send FREE video emails in Yahoo! Mail! > : > > > http://promo.yahoo.com/videomail/ > : > > > > : > > > - > : > > > -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. > : > : - > : -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. > > << Datei: ATT00004.htm >> - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: [CANSLIM] Nasdaq Future is under water .... Date: 16 Jan 2002 13:42:37 +0100 Nasdaq Future is under water .... - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Dan Forant" Subject: Re: [CANSLIM] Nasdaq Future is under water .... Date: 16 Jan 2002 08:15:17 -0500 Glug,glug,glug, under water is right. Enron may have put the final nail in the coffin for awhile. This combined with future bleak earnings spell trouble ahead. Kmart bumbling along with other bad news such as the SEC's inability to keep track of GIANTS have given investors a bad taste. Congress will bloat and gloat for months over Enron and I believe very little will be done about it legally. Congress is part of the problem. Campaign $$$. The INS has screwed up the makeup of our Country, the Government (SEC) may now have set back our financial markets for quite awhile.. That's why a large brokerage house recently said to be only 50% invested. But then again ........of course they would. DanF ----- Original Message ----- Sent: Wednesday, January 16, 2002 7:42 AM > Nasdaq Future is under water .... > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. > - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tim Fisher" Subject: Re: [CANSLIM] Nasdaq Future is under water .... Date: 16 Jan 2002 06:15:53 -0800 I entered market orders last nite to sell all my non-CANSLIM holdings at the open today. Guess I will get a horrible price, but better late than never... At 08:15 AM 1/16/2002 -0500, you wrote: >Glug,glug,glug, under water is right. Enron may have put the final nail in >the coffin for awhile. This combined with future bleak earnings spell >trouble ahead. Kmart bumbling along with other bad news such as the SEC's >inability to keep track of GIANTS have given investors a bad taste. Congress >will bloat and gloat for months over Enron and I believe very little will be >done about it legally. Congress is part of the problem. Campaign $$$. The >INS has screwed up the makeup of our Country, the Government (SEC) may now >have set back our financial markets for quite awhile.. That's why a large >brokerage house recently said to be only 50% invested. But then again >........of course they would. > >DanF > >----- Original Message ----- >From: "Andreas Himmelreich" >To: >Sent: Wednesday, January 16, 2002 7:42 AM >Subject: [CANSLIM] Nasdaq Future is under water .... > > > > Nasdaq Future is under water .... > > > > - > > -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. Tim Fisher Ore-ROCK-On Rockhounding Web Site Pacific Fishery Biologists Information mailto:tim@OreRockOn.com WWW http://OreRockOn.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. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: AW: [CANSLIM] Nasdaq Future is under water .... Date: 16 Jan 2002 15:39:09 +0100 I put in SLs that are likly to be violated... > -----Ursprungliche Nachricht----- > Von: Tim Fisher [SMTP:Tim@orerockon.com] > Gesendet am: Wednesday, January 16, 2002 3:16 PM > An: canslim@lists.xmission.com > Betreff: Re: [CANSLIM] Nasdaq Future is under water .... > > I entered market orders last nite to sell all my non-CANSLIM holdings at > the open today. Guess I will get a horrible price, but better late than > never... > > At 08:15 AM 1/16/2002 -0500, you wrote: > >Glug,glug,glug, under water is right. Enron may have put the final nail in > >the coffin for awhile. This combined with future bleak earnings spell > >trouble ahead. Kmart bumbling along with other bad news such as the SEC's > >inability to keep track of GIANTS have given investors a bad taste. Congress > >will bloat and gloat for months over Enron and I believe very little will be > >done about it legally. Congress is part of the problem. Campaign $$$. The > >INS has screwed up the makeup of our Country, the Government (SEC) may now > >have set back our financial markets for quite awhile.. That's why a large > >brokerage house recently said to be only 50% invested. But then again > >........of course they would. > > > >DanF > > > >----- Original Message ----- > >From: "Andreas Himmelreich" > >To: > >Sent: Wednesday, January 16, 2002 7:42 AM > >Subject: [CANSLIM] Nasdaq Future is under water .... > > > > > > > Nasdaq Future is under water .... > > > > > > - > > > -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. > > Tim Fisher > Ore-ROCK-On Rockhounding Web Site > Pacific Fishery Biologists Information > mailto:tim@OreRockOn.com > WWW http://OreRockOn.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. ------------------------------------------------------------------------------- From: "Dave" Subject: [CANSLIM] Contrarian Date: 16 Jan 2002 09:42:35 -0500 With all the bearishness on the list the last couple days, I wonder if the market is ready to turn around and move higher soon. After all, the markets have gone through quite a correction the past few weeks, and the Nasdaq is still above its 50 and 200 day averages. Things do look ugly, and I'm selling some positions, but I wonder if this is really doom and gloom or just a pause... - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] Contrarian Date: 16 Jan 2002 08:49:41 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_0038_01C19E6A.BD16E200 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Glad to hear you say that Dave. I've been wondering the same thing. A = bit of bearish jam to scare the weak hands? My screen is a sea of red = this morning, but everything crossing the wires is retail = stuff...100/500/800 shares at a time. All the good quality stocks in my = watch are still forming good bases. Late bear/early bull stocks are = moving up as expected. We'll see.... Katherine ----- Original Message -----=20 From: Dave=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, January 16, 2002 8:42 AM Subject: [CANSLIM] Contrarian With all the bearishness on the list the last couple days, I wonder if = the market is ready to turn around and move higher soon. After all, the markets have gone through quite a correction the past few weeks, and = the Nasdaq is still above its 50 and 200 day averages. Things do look ugly, and I'm selling some positions, but I wonder if = this is really doom and gloom or just a pause... - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------=_NextPart_000_0038_01C19E6A.BD16E200 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Glad to hear you say that Dave. I've been wondering the same thing. = A bit=20 of bearish jam to scare the weak hands? My screen is a sea of red this = morning,=20 but everything crossing the wires is retail stuff...100/500/800 shares = at a=20 time. All the good quality stocks in my watch are still forming good = bases. Late=20 bear/early bull stocks are moving up as expected. We'll see....
 
Katherine
----- Original Message -----
From:=20 Dave
Sent: Wednesday, January 16, = 2002 8:42=20 AM
Subject: [CANSLIM] = Contrarian

With all the bearishness on the list the last couple = days, I=20 wonder if the
market is ready to turn around and move higher soon. = After=20 all, the
markets have gone through quite a correction the past few = weeks,=20 and the
Nasdaq is still above its 50 and 200 day = averages.

Things do=20 look ugly, and I'm selling some positions, but I wonder if this
is = really=20 doom and gloom or just a pause...


-
-To = subscribe/unsubscribe,=20 email "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your email.
------=_NextPart_000_0038_01C19E6A.BD16E200-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tim Fisher" Subject: Re: [CANSLIM] Contrarian Date: 16 Jan 2002 06:50:39 -0800 Who cares? Once again, if you trade CANSLIM, you follow the M's buy and sell signals. This is an "everybody out of the pool" signal. We are 1 distribution day from a broken rally. At 09:42 AM 1/16/2002 -0500, you wrote: >With all the bearishness on the list the last couple days, I wonder if the >market is ready to turn around and move higher soon. After all, the >markets have gone through quite a correction the past few weeks, and the >Nasdaq is still above its 50 and 200 day averages. > >Things do look ugly, and I'm selling some positions, but I wonder if this >is really doom and gloom or just a pause... > > >- >-To subscribe/unsubscribe, email "majordomo@xmission.com" >-In the email body, write "subscribe canslim" or >-"unsubscribe canslim". Do not use quotes in your email. Tim Fisher Ore-ROCK-On Rockhounding Web Site Pacific Fishery Biologists Information mailto:tim@OreRockOn.com WWW http://OreRockOn.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. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] Contrarian Date: 16 Jan 2002 09:48:11 -0500 Hi Dave, Judging just from all my small caps, I think we may be in for a period of consolidation for a week or more. My small caps have been moving in inconsistent fashion, fortunately on low volume for the most part. But the markets are moderately overbought, so some consolidation is in order. We need more bearish sentiment to move any higher. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message ----- Sent: Wednesday, January 16, 2002 9:42 AM > With all the bearishness on the list the last couple days, I wonder if the > market is ready to turn around and move higher soon. After all, the > markets have gone through quite a correction the past few weeks, and the > Nasdaq is still above its 50 and 200 day averages. > > Things do look ugly, and I'm selling some positions, but I wonder if this > is really doom and gloom or just a pause... > > > - > -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. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] Contrarian Date: 16 Jan 2002 09:02:01 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_0046_01C19E6C.7600B920 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable I don't see it that way, Tim. Naz has only had 3 distribution days in = the last 10. Each was followed by accumulation days. That's definitely = not an "everybody out of the pool" whistle. It's a "perk up and pay = attention" marker, but that's it. Despite distribution in some of the = recent B/O's, only KKD has fallen below pivot. Other good quality = CANSLIM stocks are holding up just fine if one took proper entries on = well formed bases. "M" is a market of stocks. If the right stocks are = doing "the right thing" then I say we can sit on the edge of the pool = and keep our feet in the water. The water's fine. Katherine ----- Original Message -----=20 From: Tim Fisher=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, January 16, 2002 8:50 AM Subject: Re: [CANSLIM] Contrarian Who cares? Once again, if you trade CANSLIM, you follow the M's buy = and=20 sell signals. This is an "everybody out of the pool" signal. We are 1=20 distribution day from a broken rally. At 09:42 AM 1/16/2002 -0500, you wrote: >With all the bearishness on the list the last couple days, I wonder = if the >market is ready to turn around and move higher soon. After all, the >markets have gone through quite a correction the past few weeks, and = the >Nasdaq is still above its 50 and 200 day averages. > >Things do look ugly, and I'm selling some positions, but I wonder if = this >is really doom and gloom or just a pause... > > >- >-To subscribe/unsubscribe, email "majordomo@xmission.com" >-In the email body, write "subscribe canslim" or >-"unsubscribe canslim". Do not use quotes in your email. Tim Fisher Ore-ROCK-On Rockhounding Web Site Pacific Fishery Biologists Information mailto:tim@OreRockOn.com WWW http://OreRockOn.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. ------=_NextPart_000_0046_01C19E6C.7600B920 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
I don't see it that way, Tim. Naz has only had 3 distribution days = in the=20 last 10. Each was followed by accumulation days. That's definitely not = an=20 "everybody out of the pool" whistle. It's a "perk up and pay attention" = marker,=20 but that's it. Despite distribution in some of the recent B/O's, only = KKD has=20 fallen below pivot. Other good quality CANSLIM stocks are holding up = just fine=20 if one took proper entries on well formed bases. "M" is a market of = stocks. If=20 the right stocks are doing "the right thing" then I say we can sit on = the edge=20 of the pool and keep our feet in the water. The water's fine.
 
Katherine
----- Original Message -----
From:=20 Tim = Fisher=20
Sent: Wednesday, January 16, = 2002 8:50=20 AM
Subject: Re: [CANSLIM] = Contrarian

Who cares? Once again, if you trade CANSLIM, you follow = the M's=20 buy and
sell signals. This is an "everybody out of the pool" = signal. We=20 are 1
distribution day from a broken rally.

At 09:42 AM = 1/16/2002=20 -0500, you wrote:
>With all the bearishness on the list the last = couple=20 days, I wonder if the
>market is ready to turn around and move = higher=20 soon. After all, the
>markets have gone through quite a = correction the=20 past few weeks, and the
>Nasdaq is still above its 50 and 200 = day=20 averages.
>
>Things do look ugly, and I'm selling some = positions,=20 but I wonder if this
>is really doom and gloom or just a=20 pause...
>
>
>-
>-To subscribe/unsubscribe, = email "majordomo@xmission.com"
>= ;-In=20 the email body, write "subscribe canslim" or
>-"unsubscribe=20 canslim".  Do not use quotes in your email.

Tim=20 Fisher
Ore-ROCK-On Rockhounding Web Site
Pacific Fishery = Biologists=20 Information
mailto:tim@OreRockOn.com
WWW = http://OreRockOn.com


-
-T= o=20 subscribe/unsubscribe, email "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your email. ------=_NextPart_000_0046_01C19E6C.7600B920-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Dave" Subject: RE: [CANSLIM] Contrarian Date: 16 Jan 2002 10:09:20 -0500 And if today, the markets should turn around and go positive on higher volume, that final distribution day may never come. I've bailed too early in the past, only to watch my prior holdings weather the brief storm and move higher. I don't think it's anti-CANSLIM to wait until the rally is truly broken to make the final leap out of the market. > -----Original Message----- > From: owner-canslim@lists.xmission.com > [mailto:owner-canslim@lists.xmission.com]On Behalf Of Tim Fisher > Sent: Wednesday, January 16, 2002 9:51 AM > To: canslim@lists.xmission.com > Subject: Re: [CANSLIM] Contrarian > > > Who cares? Once again, if you trade CANSLIM, you follow the M's buy and > sell signals. This is an "everybody out of the pool" signal. We are 1 > distribution day from a broken rally. > > At 09:42 AM 1/16/2002 -0500, you wrote: > >With all the bearishness on the list the last couple days, I > wonder if the > >market is ready to turn around and move higher soon. After all, the > >markets have gone through quite a correction the past few > weeks, and the > >Nasdaq is still above its 50 and 200 day averages. > > > >Things do look ugly, and I'm selling some positions, but I > wonder if this > >is really doom and gloom or just a pause... > > > > > >- > >-To subscribe/unsubscribe, email "majordomo@xmission.com" > >-In the email body, write "subscribe canslim" or > >-"unsubscribe canslim". Do not use quotes in your email. > > Tim Fisher > Ore-ROCK-On Rockhounding Web Site > Pacific Fishery Biologists Information > mailto:tim@OreRockOn.com > WWW http://OreRockOn.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. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] Contrarian Date: 16 Jan 2002 09:17:18 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_0056_01C19E6E.984F2780 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Dave, I think it *is* CANSLIM to read what the market is doing...exactly your = point. Not, "see/guess/act" but "see/build likely scenarios/have a = plan/see/do" Just like the water sports equipment--Sea-Doo's. Katherine ----- Original Message -----=20 From: Dave=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, January 16, 2002 9:09 AM Subject: RE: [CANSLIM] Contrarian And if today, the markets should turn around and go positive on higher volume, that final distribution day may never come. I've bailed too early in the past, only to watch my prior holdings = weather the brief storm and move higher. I don't think it's anti-CANSLIM to = wait until the rally is truly broken to make the final leap out of the = market. > -----Original Message----- > From: owner-canslim@lists.xmission.com > [mailto:owner-canslim@lists.xmission.com]On Behalf Of Tim Fisher > Sent: Wednesday, January 16, 2002 9:51 AM > To: canslim@lists.xmission.com > Subject: Re: [CANSLIM] Contrarian > > > Who cares? Once again, if you trade CANSLIM, you follow the M's buy = and > sell signals. This is an "everybody out of the pool" signal. We are = 1 > distribution day from a broken rally. > > At 09:42 AM 1/16/2002 -0500, you wrote: > >With all the bearishness on the list the last couple days, I > wonder if the > >market is ready to turn around and move higher soon. After all, the > >markets have gone through quite a correction the past few > weeks, and the > >Nasdaq is still above its 50 and 200 day averages. > > > >Things do look ugly, and I'm selling some positions, but I > wonder if this > >is really doom and gloom or just a pause... > > > > > >- > >-To subscribe/unsubscribe, email "majordomo@xmission.com" > >-In the email body, write "subscribe canslim" or > >-"unsubscribe canslim". Do not use quotes in your email. > > Tim Fisher > Ore-ROCK-On Rockhounding Web Site > Pacific Fishery Biologists Information > mailto:tim@OreRockOn.com > WWW http://OreRockOn.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. ------=_NextPart_000_0056_01C19E6E.984F2780 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Dave,
 
I think it *is* CANSLIM to read what the market is doing...exactly = your=20 point. Not, "see/guess/act" but "see/build likely scenarios/have a = plan/see/do"=20 Just like the water sports equipment--Sea-Doo's.
 
Katherine
----- Original Message -----
From:=20 Dave
Sent: Wednesday, January 16, = 2002 9:09=20 AM
Subject: RE: [CANSLIM] = Contrarian

And if today, the markets should turn around and go = positive on=20 higher
volume, that final distribution day may never = come.

I've=20 bailed too early in the past, only to watch my prior holdings = weather
the=20 brief storm and move higher. I don't think it's anti-CANSLIM to = wait
until=20 the rally is truly broken to make the final leap out of the=20 market.


> -----Original Message-----
> From: owner-canslim@lists.xmis= sion.com
>=20 [mailto:owner-canslim@lists.xmission.com]On Behalf Of Tim = Fisher
> Sent:=20 Wednesday, January 16, 2002 9:51 AM
> To: canslim@lists.xmission.com=
>=20 Subject: Re: [CANSLIM] Contrarian
>
>
> Who cares? = Once=20 again, if you trade CANSLIM, you follow the M's buy and
> sell = signals.=20 This is an "everybody out of the pool" signal. We are 1
> = distribution=20 day from a broken rally.
>
> At 09:42 AM 1/16/2002 -0500, = you=20 wrote:
> >With all the bearishness on the list the last = couple days,=20 I
> wonder if the
> >market is ready to turn around and = move=20 higher soon. After all, the
> >markets have gone through = quite a=20 correction the past few
> weeks, and the
> >Nasdaq is = still=20 above its 50 and 200 day averages.
> >
> >Things do = look=20 ugly, and I'm selling some positions, but I
> wonder if = this
>=20 >is really doom and gloom or just a pause...
> >
>=20 >
> >-
> >-To subscribe/unsubscribe, email "majordomo@xmission.com"
>= ;=20 >-In the email body, write "subscribe canslim" or
> = >-"unsubscribe=20 canslim".  Do not use quotes in your email.
>
> Tim=20 Fisher
> Ore-ROCK-On Rockhounding Web Site
> Pacific = Fishery=20 Biologists Information
> mailto:tim@OreRockOn.com
> = WWW http://OreRockOn.com
>
>>=20 -
> -To subscribe/unsubscribe, email "majordomo@xmission.com"
>= ; -In=20 the email body, write "subscribe canslim" or
> -"unsubscribe=20 canslim".  Do not use quotes in your = email.
>


-
-To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your email. ------=_NextPart_000_0056_01C19E6E.984F2780-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Dan Forant" Subject: Re: [CANSLIM] Contrarian Date: 16 Jan 2002 11:08:30 -0500 Forget about being anti-CANSLIM. It's your business whether you stay in or not. DanF ----- Original Message ----- Sent: Wednesday, January 16, 2002 10:09 AM > And if today, the markets should turn around and go positive on higher > volume, that final distribution day may never come. > > I've bailed too early in the past, only to watch my prior holdings weather > the brief storm and move higher. I don't think it's anti-CANSLIM to wait > until the rally is truly broken to make the final leap out of the market. > > > > -----Original Message----- > > From: owner-canslim@lists.xmission.com > > [mailto:owner-canslim@lists.xmission.com]On Behalf Of Tim Fisher > > Sent: Wednesday, January 16, 2002 9:51 AM > > To: canslim@lists.xmission.com > > Subject: Re: [CANSLIM] Contrarian > > > > > > Who cares? Once again, if you trade CANSLIM, you follow the M's buy and > > sell signals. This is an "everybody out of the pool" signal. We are 1 > > distribution day from a broken rally. > > > > At 09:42 AM 1/16/2002 -0500, you wrote: > > >With all the bearishness on the list the last couple days, I > > wonder if the > > >market is ready to turn around and move higher soon. After all, the > > >markets have gone through quite a correction the past few > > weeks, and the > > >Nasdaq is still above its 50 and 200 day averages. > > > > > >Things do look ugly, and I'm selling some positions, but I > > wonder if this > > >is really doom and gloom or just a pause... > > > > > > > > >- > > >-To subscribe/unsubscribe, email "majordomo@xmission.com" > > >-In the email body, write "subscribe canslim" or > > >-"unsubscribe canslim". Do not use quotes in your email. > > > > Tim Fisher > > Ore-ROCK-On Rockhounding Web Site > > Pacific Fishery Biologists Information > > mailto:tim@OreRockOn.com > > WWW http://OreRockOn.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. ------------------------------------------------------------------------------- From: "Tim Fisher" Subject: Re: [CANSLIM] Contrarian Date: 16 Jan 2002 09:24:41 -0800 I'm glad you see it that way. My stocks told me to get out, so I sold them. I would have been out another 5k+ if I hadn't. WON says to let your stocks tell you when to sell; mine were screaming sell the past 5 trading days or more. And if we get a dist day today, that's 4; 1 more and the signal will be triggered. That's what I meant when I said everybody out of the pool. At 09:02 AM 1/16/2002 -0600, you wrote: >I don't see it that way, Tim. Naz has only had 3 distribution days in the >last 10. Each was followed by accumulation days. That's definitely not an >"everybody out of the pool" whistle. It's a "perk up and pay attention" >marker, but that's it. Despite distribution in some of the recent B/O's, >only KKD has fallen below pivot. Other good quality CANSLIM stocks are >holding up just fine if one took proper entries on well formed bases. "M" >is a market of stocks. If the right stocks are doing "the right thing" >then I say we can sit on the edge of the pool and keep our feet in the >water. The water's fine. > >Katherine >----- Original Message ----- >From: Tim Fisher >To: canslim@lists.xmission.com >Sent: Wednesday, January 16, 2002 8:50 AM >Subject: Re: [CANSLIM] Contrarian > >Who cares? Once again, if you trade CANSLIM, you follow the M's buy and >sell signals. This is an "everybody out of the pool" signal. We are 1 >distribution day from a broken rally. > >At 09:42 AM 1/16/2002 -0500, you wrote: > >With all the bearishness on the list the last couple days, I wonder if the > >market is ready to turn around and move higher soon. After all, the > >markets have gone through quite a correction the past few weeks, and the > >Nasdaq is still above its 50 and 200 day averages. > > > >Things do look ugly, and I'm selling some positions, but I wonder if this > >is really doom and gloom or just a pause... > > > > > >- > >-To subscribe/unsubscribe, email > "majordomo@xmission.com" > >-In the email body, write "subscribe canslim" or > >-"unsubscribe canslim". Do not use quotes in your email. > >Tim Fisher >Ore-ROCK-On Rockhounding Web Site >Pacific Fishery Biologists Information >mailto:tim@OreRockOn.com >WWW http://OreRockOn.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. Tim Fisher Ore-ROCK-On Rockhounding Web Site Pacific Fishery Biologists Information mailto:tim@OreRockOn.com WWW http://OreRockOn.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. ------------------------------------------------------------------------------- From: "Dan Forant" Subject: Re: [CANSLIM] Contrarian Date: 16 Jan 2002 13:08:45 -0500 Common sense beats all stock systems. Imagine getting stopped out at 8% on all holdings when news has been bad. Even a mole could see this storm coming. DanF ----- Original Message ----- Sent: Wednesday, January 16, 2002 12:24 PM > I'm glad you see it that way. My stocks told me to get out, so I sold them. > I would have been out another 5k+ if I hadn't. WON says to let your stocks > tell you when to sell; mine were screaming sell the past 5 trading days or > more. And if we get a dist day today, that's 4; 1 more and the signal will > be triggered. That's what I meant when I said everybody out of the pool. > > At 09:02 AM 1/16/2002 -0600, you wrote: > >I don't see it that way, Tim. Naz has only had 3 distribution days in the > >last 10. Each was followed by accumulation days. That's definitely not an > >"everybody out of the pool" whistle. It's a "perk up and pay attention" > >marker, but that's it. Despite distribution in some of the recent B/O's, > >only KKD has fallen below pivot. Other good quality CANSLIM stocks are > >holding up just fine if one took proper entries on well formed bases. "M" > >is a market of stocks. If the right stocks are doing "the right thing" > >then I say we can sit on the edge of the pool and keep our feet in the > >water. The water's fine. > > > >Katherine > >----- Original Message ----- > >From: Tim Fisher > >To: canslim@lists.xmission.com > >Sent: Wednesday, January 16, 2002 8:50 AM > >Subject: Re: [CANSLIM] Contrarian > > > >Who cares? Once again, if you trade CANSLIM, you follow the M's buy and > >sell signals. This is an "everybody out of the pool" signal. We are 1 > >distribution day from a broken rally. > > > >At 09:42 AM 1/16/2002 -0500, you wrote: > > >With all the bearishness on the list the last couple days, I wonder if the > > >market is ready to turn around and move higher soon. After all, the > > >markets have gone through quite a correction the past few weeks, and the > > >Nasdaq is still above its 50 and 200 day averages. > > > > > >Things do look ugly, and I'm selling some positions, but I wonder if this > > >is really doom and gloom or just a pause... > > > > > > > > >- > > >-To subscribe/unsubscribe, email > > "majordomo@xmission.com" > > >-In the email body, write "subscribe canslim" or > > >-"unsubscribe canslim". Do not use quotes in your email. > > > >Tim Fisher > >Ore-ROCK-On Rockhounding Web Site > >Pacific Fishery Biologists Information > >mailto:tim@OreRockOn.com > >WWW http://OreRockOn.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. > > Tim Fisher > Ore-ROCK-On Rockhounding Web Site > Pacific Fishery Biologists Information > mailto:tim@OreRockOn.com > WWW http://OreRockOn.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. ------------------------------------------------------------------------------- From: Ian Subject: Re: [CANSLIM] Contrarian Date: 16 Jan 2002 10:33:20 -0800 If you follow the ARMS index (aka the TRIN), you would see that there has been a stealth amount of bearishness in the DOW over the last 13 days. Last Friday, the 10-day ARMS index hit 1.3, which has historically been an indicator of a substantial panic (the BIG panics have it going over 1.5, and are rare). So even though the investor polls are coming back showing high levels of bullishness, and minimal bearishness, the selling pressure has not reflected that. The stocks that have carried me for the last few months (ELTE, CEDC, NMHC, QMDC) have all been very strong/resilient as of late as well. No sell signals from any of them yet. Just my 2 cents. Ian ----- Original Message ----- Sent: Wednesday, January 16, 2002 6:48 AM > Hi Dave, > > Judging just from all my small caps, I think we may be in for a period of > consolidation for a week or more. My small caps have been moving in > inconsistent fashion, fortunately on low volume for the most part. But the > markets are moderately overbought, so some consolidation is in order. We > need more bearish sentiment to move any higher. > > Tom Worley > stkguru@netside.net > AIM: TexWorley > ----- Original Message ----- > From: "Dave" > To: > Sent: Wednesday, January 16, 2002 9:42 AM > Subject: [CANSLIM] Contrarian > > > > With all the bearishness on the list the last couple days, I wonder if the > > market is ready to turn around and move higher soon. After all, the > > markets have gone through quite a correction the past few weeks, and the > > Nasdaq is still above its 50 and 200 day averages. > > > > Things do look ugly, and I'm selling some positions, but I wonder if this > > is really doom and gloom or just a pause... > > > > > > - > > -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. ------------------------------------------------------------------------------- From: Subject: Re: Re: [CANSLIM] Contrarian Date: 16 Jan 2002 13:32:28 -0500 I'm unfamiliar with either index. ANy recommended websties that have and/or explain them? Thanks! Rolf canslim@lists.xmission.com wrote: > If you follow the ARMS index (aka the TRIN), you would see that there hasbeen a stealth amount of bearishness in the DOW over the last 13 days. Last Friday, the 10-day ARMS index hit 1.3, which has historically been an indicator of a substantial panic (the BIG panics have it going over 1.5, and are rare). So even though the investor polls are coming back showing high levels of bullishness, and minimal bearishness, the selling pressure has not reflected that. The stocks that have carried me for the last few months (ELTE, CEDC, NMHC, QMDC) have all been very strong/resilient as of late as well. No sell signals from any of them yet. Just my 2 cents. Ian ----- Original Message ----- Sent: Wednesday, January 16, 2002 6:48 AM > Hi Dave, > > Judging just from all my small caps, I think we may be in for a period of > consolidation for a week or more. My small caps have been moving in > inconsistent fashion, fortunately on low volume for the most part. But the > markets are moderately overbought, so some consolidation is in order. We > need more bearish sentiment to move any higher. > > Tom Worley > stkguru@netside.net > AIM: TexWorley > ----- Original Message ----- > From: "Dave" > To: > Sent: Wednesday, January 16, 2002 9:42 AM > Subject: [CANSLIM] Contrarian > > > > With all the bearishness on the list the last couple days, I wonder if the > > market is ready to turn around and move higher soon. After all, the > > markets have gone through quite a correction the past few weeks, and the > > Nasdaq is still above its 50 and 200 day averages. > > > > Things do look ugly, and I'm selling some positions, but I wonder if this > > is really doom and gloom or just a pause... > > > > > > - > > -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. - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: AW: [CANSLIM] Contrarian Date: 16 Jan 2002 19:38:23 +0100 DFXI, MME and TTIL hold up well, so here I sit and think of what to do ... I gues I do nothing until they give sell signals ... > -----Ursprungliche Nachricht----- > Von: Ian [SMTP:ianstm@shaw.ca] > Gesendet am: Wednesday, January 16, 2002 7:33 PM > An: canslim@lists.xmission.com > Betreff: Re: [CANSLIM] Contrarian > > If you follow the ARMS index (aka the TRIN), you would see that there has > been a stealth amount of bearishness in the DOW over the last 13 days. Last > Friday, the 10-day ARMS index hit 1.3, which has historically been an > indicator of a substantial panic (the BIG panics have it going over 1.5, and > are rare). > > So even though the investor polls are coming back showing high levels of > bullishness, and minimal bearishness, the selling pressure has not reflected > that. > > The stocks that have carried me for the last few months (ELTE, CEDC, NMHC, > QMDC) have all been very strong/resilient as of late as well. No sell > signals from any of them yet. > > Just my 2 cents. > > Ian > > > > > > > > ----- Original Message ----- > From: Tom Worley > To: > Sent: Wednesday, January 16, 2002 6:48 AM > Subject: Re: [CANSLIM] Contrarian > > > > Hi Dave, > > > > Judging just from all my small caps, I think we may be in for a period of > > consolidation for a week or more. My small caps have been moving in > > inconsistent fashion, fortunately on low volume for the most part. But the > > markets are moderately overbought, so some consolidation is in order. We > > need more bearish sentiment to move any higher. > > > > Tom Worley > > stkguru@netside.net > > AIM: TexWorley > > ----- Original Message ----- > > From: "Dave" > > To: > > Sent: Wednesday, January 16, 2002 9:42 AM > > Subject: [CANSLIM] Contrarian > > > > > > > With all the bearishness on the list the last couple days, I wonder if > the > > > market is ready to turn around and move higher soon. After all, the > > > markets have gone through quite a correction the past few weeks, and the > > > Nasdaq is still above its 50 and 200 day averages. > > > > > > Things do look ugly, and I'm selling some positions, but I wonder if > this > > > is really doom and gloom or just a pause... > > > > > > > > > - > > > -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. - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Dave" Subject: RE: [CANSLIM] Contrarian Date: 16 Jan 2002 13:56:28 -0500 I sold DFXI today for a small profit. In my opinion yesterday's action is not what you want to see after a breakout. At a minimum it shows indecision on the part of investors. Technically it has violated the pivot only breifly but with the market raising some warning flags I think DFXI has a high probability of falling back into its base. > -----Original Message----- > From: owner-canslim@lists.xmission.com > [mailto:owner-canslim@lists.xmission.com]On Behalf Of Andreas > Himmelreich > Sent: Wednesday, January 16, 2002 1:38 PM > To: 'canslim@lists.xmission.com' > Subject: AW: [CANSLIM] Contrarian > > > DFXI, MME and TTIL hold up well, so here I sit and think of > what to do ... I gues I do nothing until they give sell signals ... > > > -----Ursprungliche Nachricht----- > > Von: Ian [SMTP:ianstm@shaw.ca] > > Gesendet am: Wednesday, January 16, 2002 7:33 PM > > An: canslim@lists.xmission.com > > Betreff: Re: [CANSLIM] Contrarian > > > > If you follow the ARMS index (aka the TRIN), you would see > that there has > > been a stealth amount of bearishness in the DOW over the last > 13 days. Last > > Friday, the 10-day ARMS index hit 1.3, which has historically been an > > indicator of a substantial panic (the BIG panics have it > going over 1.5, and > > are rare). > > > > So even though the investor polls are coming back showing > high levels of > > bullishness, and minimal bearishness, the selling pressure > has not reflected > > that. > > > > The stocks that have carried me for the last few months > (ELTE, CEDC, NMHC, > > QMDC) have all been very strong/resilient as of late as well. No sell > > signals from any of them yet. > > > > Just my 2 cents. > > > > Ian > > > > > > > > > > > > > > > > ----- Original Message ----- > > From: Tom Worley > > To: > > Sent: Wednesday, January 16, 2002 6:48 AM > > Subject: Re: [CANSLIM] Contrarian > > > > > > > Hi Dave, > > > > > > Judging just from all my small caps, I think we may be in > for a period of > > > consolidation for a week or more. My small caps have been moving in > > > inconsistent fashion, fortunately on low volume for the > most part. But the > > > markets are moderately overbought, so some consolidation is > in order. We > > > need more bearish sentiment to move any higher. > > > > > > Tom Worley > > > stkguru@netside.net > > > AIM: TexWorley > > > ----- Original Message ----- > > > From: "Dave" > > > To: > > > Sent: Wednesday, January 16, 2002 9:42 AM > > > Subject: [CANSLIM] Contrarian > > > > > > > > > > With all the bearishness on the list the last couple > days, I wonder if > > the > > > > market is ready to turn around and move higher soon. > After all, the > > > > markets have gone through quite a correction the past few > weeks, and the > > > > Nasdaq is still above its 50 and 200 day averages. > > > > > > > > Things do look ugly, and I'm selling some positions, but > I wonder if > > this > > > > is really doom and gloom or just a pause... > > > > > > > > > > > > - > > > > -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. > > - > -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. ------------------------------------------------------------------------------- From: "Dave" Subject: [CANSLIM] UTSI Date: 16 Jan 2002 14:49:58 -0500 UTSI tanking, and against the trend of the Nasdaq. It's approaching the 50 day moving average. Will it find support there, or tank further? Most of my gains have been wiped out. Yet another nice breakout showing signs of collapse. Should have considered the move to 35 a "climax run" I guess... - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: [CANSLIM] Date: Wed, 16 Jan 2002 22:04:50 +0100 Date: 16 Jan 2002 14:00:20 -0700 Pretty strange what is happening with DYII. Stock has good fundamentals, yet its down 30%? Industry Group kind of OK as well, even winning Relative Strength. Strange. - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] Date: Wed, 16 Jan 2002 22:04:50 +0100 Date: 16 Jan 2002 15:02:35 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_0056_01C19E9E.D4E84DE0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable 15:24 ET Dynacq Int'l (DYII) 20.70 -3.60 (-14.8%): Shares of acute care = hospital operator said to be under pressure in reaction to a Herb = Greenberg column discussing co's below-industry-avg allowance for = doubtful accounts, co compensation to the one analyst covering the stk, = and a recent conference call during which the CFO stumbled over several = accounting issues. ----- Original Message -----=20 From: Andreas Himmelreich=20 To: 'canslim@lists.xmission.com'=20 Sent: Wednesday, January 16, 2002 3:00 PM Subject: [CANSLIM] Date: Wed, 16 Jan 2002 22:04:50 +0100 Pretty strange what is happening with DYII. Stock has good fundamentals, yet its down 30%? Industry Group kind of = OK as well, even winning Relative Strength. Strange. - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------=_NextPart_000_0056_01C19E9E.D4E84DE0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
15:24 ET Dynacq Int'l (DYII) 20.70 = -3.60=20 (-14.8%): Shares of acute care hospital operator said to be under = pressure in=20 reaction to a Herb Greenberg column discussing co's=20 below-industry-avg allowance for doubtful accounts, co compensation to = the one=20 analyst covering the stk, and a recent conference call during which the = CFO=20 stumbled over several accounting issues.
----- Original Message -----
From:=20 Andreas = Himmelreich
Sent: Wednesday, January 16, = 2002 3:00=20 PM
Subject: [CANSLIM] Date: Wed, = 16 Jan 2002=20 22:04:50 +0100

Pretty strange what is happening with = DYII.

Stock has=20 good fundamentals, yet its down 30%? Industry Group kind of OK as = well, even=20 winning Relative Strength.

Strange.

-
-To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your email. ------=_NextPart_000_0056_01C19E9E.D4E84DE0-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] Date: Wed, 16 Jan 2002 22:04:50 +0100 Date: 16 Jan 2002 15:03:48 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_005E_01C19E9F.00268E40 Content-Type: multipart/alternative; boundary="----=_NextPart_001_005F_01C19E9F.00268E40" ------=_NextPart_001_005F_01C19E9F.00268E40 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable =20 =20 Herb on TheStreet Dynacq's Doubtful Accounts Send Distress Signals By Herb Greenberg Senior Columnist 01/16/2002 02:46 PM EST URL: http://www.thestreet.com/p/rmoney/herbonthestreet-rm/10006859.html When it comes to red flags, so many are flying over Dynacq International = (DYII:Nasdaq - news - commentary) that it's hard to count. Dynacq owns = and manages an acute care hospital in Pasadena, Texas, where it manages = three physician practices. It also operates two outpatient surgical = facilities and a medical office complex.=20 The only analyst covering the company, Gary Weber of Taglich Brothers, = rates it a buy. That Dynacq pays Taglich for that coverage is reason = enough to warrant caution: The disclosure is right there in the fine = print of the analyst's report.=20 But in recent quarters there have been numerous other issues that, by = themselves, would warrant a mention here. For example, Dynacq's = allowance for doubtful accounts -- something every CFO should know like = the back of his or her hand -- has been hovering around the 1% range, = which is far below the level used by such rivals as HCA (HCA:NYSE - news = - commentary) , Tenet (THC:NYSE - news - commentary) and Universal = (UHS:NYSE - news - commentary) . Yet when asked about the amount of the = allowance on the company's bizarre conference call Tuesday, CFO Philip = Chan couldn't answer the question.=20 The dialogue is worth the price of admission.=20 Caller: Could you give us where allowance for doubtful accounts stands = right now, please?=20 CFO: Are you asking the provision for uncollectable accounts of = $41,673 on the income statement? Or are you talking about...=20 Caller: I'm talking about the reserve -- the allowance for doubtful = accounts that would be against your gross receivables so that you have = -- you report net accounts receivable. What is your allowance for = doubtful accounts? What's your reserve that's been built up over time?=20 CFO: The way we present our [unintelligible] and net revenue and that = is the gross revenue minus, I believe, what you are talking about the = reserve for uncollectible portion from insurance company or third party. = Caller: Uh, either one. Let me, maybe if I can contrast it where it = was in the 10-K. ... Anyway, it's a standard nomenclature. It's called = allowance for doubtful accounts. ... It was $193,000 in August. Do you = know what it is now, please?=20 CFO: Let me turn my page on the same page that you are saying ... a = minute.=20 Caller: All right, let me -- maybe I can go on while he's searching = that. If I could ask another question here...=20 And so it was! The entire call was pretty much like that.=20 Take the same caller's question about the company's revenue per hospital = bed, which appears to be much higher than the average for the acute care = hospital industry.=20 Caller: You have 37 beds and in the hospital you had revenues in here = of just under $9 million, and that equates somewhere to about a = quarter-million dollars revenue per bed. That is substantially higher = than industry averages. Why is that?=20 CEO Chiu Chan (who, according to the 10-K is not related to the CFO): = We are not general acute hospital. We are surgical hospital.=20 Not an acute care hospital?! The company itself says in its 10-K, filed = Nov. 27, that it is engaged in "the ownership and management of an acute = care hospital."=20 The caller continues, saying that revenue at Dynacq's clinic and = outpatient surgical center, which had been a key driver of Dynacq's = growth, was "down about 7% year over year. At the same time, the = hospital revenues just skyrocketed here. They were up 160% or = something."=20 CEO Chan: Well, as you can see, we are aligning our company towards -- = we are now saying that Dynacq is a surgical hospital company. We are a = surgical hospital company. That is the direction which we are going. So, = right now all the focus is, the management focus is a surgical hospital = company.=20 Chan later added: "The reason why we are trying to do this is because we = listen to a lot of the research analysts or those brokers about a single = focus company enhance our shareholder value a lot better than getting = more -- all this kind of other business. ... So, the other thing which = is not surgical hospital business is going to go gradually -- scale = down."=20 But last March Dynacq purchased a second ambulatory or outpatient = surgery center. Now it's saying that that part of the business will no = longer be a focus?!=20 The conference call continued. A different caller noted that the company = had "very impressive" 12% revenue growth in the fourth quarter from the = third quarter. "But it appears net income may have declined slightly = quarter to quarter. Is that the case?"=20 CEO: Net income? No. I don't think so. Net income actually go up.=20 Caller No. 2: I backed out that the fourth quarter net income was = about $3,490,000. ... I have this quarter at about $3,378,000. So, maybe = a 3% or so decline in net income, and you had 12% sequential revenue = growth. I'm just curious where...=20 The CEO then started talking about how earnings per share of 23 cents = were higher than the prior quarter's 22 cents, then the CFO injected:=20 CFO: Your math ... could be very well correct. The thing that may = confuse a little bit during the fourth quarter is where we have the = annual audit come in and make all the adjustments. There's no = significant adjustment that we made. You may be able to look at the = income tax provision for the fourth quarter, which kind of declined = pretty significantly from the periods before. That is the time that the = auditor come in and look our annual income tax situation.=20 Caller No. 2: OK ... the real question I'm driving at ... it appears = that your profit margins came down quite a bit from quarter to quarter = [net profit margin was down nearly 4 percentage points from the fourth = quarter to the first quarter] ... and I'm just wondering if you could = comment a little bit on why the profit margins ... contracted, and = again, is this something we should expect going forward?=20 CEO: If you look at the number for the whole fiscal year last year, = our profit margin is ... 25.3. Therefore our net margin is 24.7 or 24.6. = So we are talking about a decimal point percentage difference, and I = don't think it's something of anybody's concern.=20 Year over year, maybe, but quarter to quarter it's nearly 4 percentage = points. That's certainly somebody's concern. But I digress, as the call = returned to the subject of the allowance for doubtful accounts.=20 Caller No. 1: I wondered if you'd had a chance to find that answer on = the allowance for doubtful accounts on accounts receivable?=20 CFO: I tried to find out the real question -- all on income statement, = the only provision for uncollectible account is -- for this quarter is = $41,670 ... before talk about $137,000 -- I don't know what number you = have been looking at.=20 Caller No. 1: $193,000 is what it was in August.=20 CFO: In August $193,000?=20 Caller No. 1: August of '01.=20 CFO: Hold on. He never did answer the question.=20 Finally, back to the question of paying a brokerage firm to cover the = company, another caller said:=20 Caller No. 3: I'm showing Gary Weber of Taglich Brothers is the only = analyst following the company. On the footer of their report it says his = firm was paid by Dynacq to write it. Are there any other nonaffiliated = research reports for analyst coverage?=20 CEO: Taglich Brothers, yes, we paid for them for the analyst report to = be written in the beginning. Now, what we are paying them is a quarterly = fee to actually have that report available at their Web site. So we = don't pay them to write about us anymore, and we do not have any other = analysts following this company yet.=20 Caller No. 3: How much do you pay them?=20 CFO: $1,250 a month.=20 Isn't that a conflict? Not according to Bob Taglich of Taglich Brothers. = He told me: "They are independent reports. In the micro-cap market, = unless you have potential million-dollar fees coming in, it's very = difficult for a brokerage firm to cover small firms for research."=20 Doesn't that mean they're buying an opinion?=20 "They're not buying an opinion," Taglich says. "We have some stocks that = aren't rated." He adds that there is a weeding-out process on companies = Taglich agrees to cover, and notes that whether it's hard cash or = through investment banking business, companies pay for coverage "one way = or the other ... at least we properly disclose it."=20 He may have a point there. Not that it's the right thing to do -- = disclosed or otherwise.=20 ------- Herb Greenberg writes daily for TheStreet.com. In keeping with TSC's = editorial policy, he doesn't own or short individual stocks, though he = owns stock in TheStreet.com. He also doesn't invest in hedge funds or = other private investment partnerships. He welcomes your feedback and = invites you to send any to Herb Greenberg. Greenberg also writes a = monthly column for Fortune.=20 Brian Harris and Mark Martinez assisted with the reporting of this = column.=20 ------- ----- Original Message -----=20 From: Andreas Himmelreich=20 To: 'canslim@lists.xmission.com'=20 Sent: Wednesday, January 16, 2002 3:00 PM Subject: [CANSLIM] Date: Wed, 16 Jan 2002 22:04:50 +0100 Pretty strange what is happening with DYII. Stock has good fundamentals, yet its down 30%? Industry Group kind of = OK as well, even winning Relative Strength. Strange. - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------=_NextPart_001_005F_01C19E9F.00268E40 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
 

Herb on=20 TheStreet
Dynacq's Doubtful Accounts Send Distress = Signals
By Herb Greenberg
Senior=20 Columnist

01/16/2002 02:46 PM EST
URL: http://www.thestreet.com/p/rmoney/herbonthestreet-rm/10006859.html=

When it comes to red flags, so many are flying over Dynacq=20 International (DYII:Nasdaq - news - commentary) that it's hard to = count.=20 Dynacq owns and manages an acute care hospital in Pasadena, Texas, where = it=20 manages three physician practices. It also operates two outpatient = surgical=20 facilities and a medical office complex.=20

The only analyst covering the company, Gary Weber of Taglich = Brothers,=20 rates it a buy. That Dynacq pays Taglich for that coverage is reason = enough to=20 warrant caution: The disclosure is right there in the fine print of the=20 analyst's report.

But in recent quarters there have been numerous other issues = that, by=20 themselves, would warrant a mention here. For example, Dynacq's = allowance for=20 doubtful accounts -- something every CFO should know like the back of = his or her=20 hand -- has been hovering around the 1% range, which is far below = the=20 level used by such rivals as HCA (HCA:NYSE - news - commentary) , = Tenet (THC:NYSE - news - commentary) and Universal = (UHS:NYSE -=20 news - commentary) . Yet when asked about the amount of the allowance on = the=20 company's bizarre conference call Tuesday, CFO Philip Chan couldn't = answer the=20 question.=20

The dialogue is worth the price of admission.=20

Caller: Could you give us where allowance for doubtful = accounts=20 stands right now, please?=20

CFO: Are you asking the provision for uncollectable = accounts of=20 $41,673 on the income statement? Or are you talking about...=20

Caller: I'm talking about the reserve -- the allowance = for=20 doubtful accounts that would be against your gross receivables so that = you=20 have -- you report net accounts receivable. What is your allowance for = doubtful accounts? What's your reserve that's been built up over time? =

CFO: The way we present our [unintelligible] and net = revenue and=20 that is the gross revenue minus, I believe, what you are talking about = the=20 reserve for uncollectible portion from insurance company or third = party.=20

Caller: Uh, either one. Let me, maybe if I can contrast = it where=20 it was in the 10-K. ... Anyway, it's a standard nomenclature. It's = called=20 allowance for doubtful accounts. ... It was $193,000 in August. Do you = know=20 what it is now, please?=20

CFO: Let me turn my page on the same page that you are = saying=20 ... a minute.=20

Caller: All right, let me -- maybe I can go on while = he's=20 searching that. If I could ask another question here...

And so it was! The entire call was pretty much like that.=20

Take the same caller's question about the company's revenue per = hospital=20 bed, which appears to be much higher than the average for the acute care = hospital industry.=20

Caller: You have 37 beds and in the hospital you had = revenues in=20 here of just under $9 million, and that equates somewhere to about a=20 quarter-million dollars revenue per bed. That is substantially higher = than=20 industry averages. Why is that?=20

CEO Chiu Chan (who, according to the 10-K is not = related=20 to the CFO): We are not general acute hospital. We are surgical = hospital.=20

Not an acute care hospital?! The company itself says in its 10-K, = filed=20 Nov. 27, that it is engaged in "the ownership and management of an acute = care=20 hospital."=20

The caller continues, saying that revenue at Dynacq's clinic and=20 outpatient surgical center, which had been a key driver of Dynacq's = growth, was=20 "down about 7% year over year. At the same time, the hospital revenues = just=20 skyrocketed here. They were up 160% or something."=20

CEO Chan: Well, as you can see, we are aligning our = company=20 towards -- we are now saying that Dynacq is a surgical hospital = company. We=20 are a surgical hospital company. That is the direction which we are = going. So,=20 right now all the focus is, the management focus is a surgical = hospital=20 company.

Chan later added: "The reason why we are trying to do this is = because we=20 listen to a lot of the research analysts or those brokers about a single = focus=20 company enhance our shareholder value a lot better than getting more -- = all this=20 kind of other business. ... So, the other thing which is not surgical = hospital=20 business is going to go gradually -- scale down."=20

But last March Dynacq purchased a second ambulatory or outpatient = surgery=20 center. Now it's saying that that part of the business will no = longer be=20 a focus?!=20

The conference call continued. A different caller noted that the = company=20 had "very impressive" 12% revenue growth in the fourth quarter from the = third=20 quarter. "But it appears net income may have declined slightly quarter = to=20 quarter. Is that the case?"=20

CEO: Net income? No. I don't think so. Net income = actually go=20 up.=20

Caller No. 2: I backed out that the fourth quarter net = income=20 was about $3,490,000. ... I have this quarter at about $3,378,000. So, = maybe a=20 3% or so decline in net income, and you had 12% sequential revenue = growth. I'm=20 just curious where...

The CEO then started talking about how earnings per share of 23 = cents=20 were higher than the prior quarter's 22 cents, then the CFO injected:=20

CFO: Your math ... could be very well correct. The thing = that=20 may confuse a little bit during the fourth quarter is where we have = the annual=20 audit come in and make all the adjustments. There's no significant = adjustment=20 that we made. You may be able to look at the income tax provision for = the=20 fourth quarter, which kind of declined pretty significantly from the = periods=20 before. That is the time that the auditor come in and look our annual = income=20 tax situation.=20

Caller No. 2: OK ... the real question I'm driving at = ... it=20 appears that your profit margins came down quite a bit from quarter to = quarter=20 [net profit margin was down nearly 4 percentage points from the fourth = quarter=20 to the first quarter] ... and I'm just wondering if you could comment = a little=20 bit on why the profit margins ... contracted, and again, is this = something we=20 should expect going forward?=20

CEO: If you look at the number for the whole fiscal year = last=20 year, our profit margin is ... 25.3. Therefore our net margin is 24.7 = or 24.6.=20 So we are talking about a decimal point percentage difference, and I = don't=20 think it's something of anybody's concern.

Year over year, maybe, but quarter to quarter it's nearly 4 = percentage=20 points. That's certainly somebody's concern. But I digress, as the call = returned=20 to the subject of the allowance for doubtful accounts.=20

Caller No. 1: I wondered if you'd had a chance to find = that=20 answer on the allowance for doubtful accounts on accounts receivable?=20

CFO: I tried to find out the real question -- all on = income=20 statement, the only provision for uncollectible account is -- for this = quarter=20 is $41,670 ... before talk about $137,000 -- I don't know what number = you have=20 been looking at.=20

Caller No. 1: $193,000 is what it was in August.=20

CFO: In August $193,000?=20

Caller No. 1: August of '01.=20

CFO: Hold on.

He never did answer the question.=20

Finally, back to the question of paying a brokerage firm to cover = the=20 company, another caller said:=20

Caller No. 3: I'm showing Gary Weber of Taglich Brothers = is the=20 only analyst following the company. On the footer of their report it = says his=20 firm was paid by Dynacq to write it. Are there any other nonaffiliated = research reports for analyst coverage?=20

CEO: Taglich Brothers, yes, we paid for them for the = analyst=20 report to be written in the beginning. Now, what we are paying them is = a=20 quarterly fee to actually have that report available at their Web = site. So we=20 don't pay them to write about us anymore, and we do not have any other = analysts following this company yet.=20

Caller No. 3: How much do you pay them?=20

CFO: $1,250 a month.

Isn't that a conflict? Not according to Bob Taglich of Taglich = Brothers.=20 He told me: "They are independent reports. In the micro-cap market, = unless you=20 have potential million-dollar fees coming in, it's very difficult for a=20 brokerage firm to cover small firms for research."=20

Doesn't that mean they're buying an opinion?=20

"They're not buying an opinion," Taglich says. "We have some = stocks that=20 aren't rated." He adds that there is a weeding-out process on companies = Taglich=20 agrees to cover, and notes that whether it's hard cash or through = investment=20 banking business, companies pay for coverage "one way or the other ... = at least=20 we properly disclose it."=20

He may have a point there. Not that it's the right thing to do -- = disclosed or otherwise.=20
Herb Greenberg = writes daily=20 for TheStreet.com. In keeping with TSC's editorial policy, he doesn't = own or=20 short individual stocks, though he owns stock in TheStreet.com. He also = doesn't=20 invest in hedge funds or other private investment partnerships. He = welcomes your=20 feedback and invites you to send any to Herb Greenberg. Greenberg = also writes=20 a monthly column for Fortune.=20

Brian Harris and Mark Martinez assisted with the reporting of = this=20 column.
----- Original Message -----
From:=20 Andreas = Himmelreich
Sent: Wednesday, January 16, = 2002 3:00=20 PM
Subject: [CANSLIM] Date: Wed, = 16 Jan 2002=20 22:04:50 +0100

Pretty strange what is happening with = DYII.

Stock has=20 good fundamentals, yet its down 30%? Industry Group kind of OK as = well, even=20 winning Relative Strength.

Strange.

-
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Do not use quotes in your email. ------------------------------------------------------------------------------- From: Gyorgy Veszpremi Subject: Re: [CANSLIM] Contrarian Date: 16 Jan 2002 15:05:15 -0600 One more D-day is behind us. The next question is how far down will the market go. Dave wrote: > I sold DFXI today for a small profit. In my opinion yesterday's action is > not what you want to see after a breakout. At a minimum it shows > indecision on the part of investors. > > Technically it has violated the pivot only breifly but with the market > raising some warning flags I think DFXI has a high probability of falling > back into its base. > > > -----Original Message----- > > From: owner-canslim@lists.xmission.com > > [mailto:owner-canslim@lists.xmission.com]On Behalf Of Andreas > > Himmelreich > > Sent: Wednesday, January 16, 2002 1:38 PM > > To: 'canslim@lists.xmission.com' > > Subject: AW: [CANSLIM] Contrarian > > > > > > DFXI, MME and TTIL hold up well, so here I sit and think of > > what to do ... I gues I do nothing until they give sell signals ... > > > > > -----Ursprungliche Nachricht----- > > > Von: Ian [SMTP:ianstm@shaw.ca] > > > Gesendet am: Wednesday, January 16, 2002 7:33 PM > > > An: canslim@lists.xmission.com > > > Betreff: Re: [CANSLIM] Contrarian > > > > > > If you follow the ARMS index (aka the TRIN), you would see > > that there has > > > been a stealth amount of bearishness in the DOW over the last > > 13 days. Last > > > Friday, the 10-day ARMS index hit 1.3, which has historically been an > > > indicator of a substantial panic (the BIG panics have it > > going over 1.5, and > > > are rare). > > > > > > So even though the investor polls are coming back showing > > high levels of > > > bullishness, and minimal bearishness, the selling pressure > > has not reflected > > > that. > > > > > > The stocks that have carried me for the last few months > > (ELTE, CEDC, NMHC, > > > QMDC) have all been very strong/resilient as of late as well. No sell > > > signals from any of them yet. > > > > > > Just my 2 cents. > > > > > > Ian > > > > > > > > > > > > > > > > > > > > > > > > ----- Original Message ----- > > > From: Tom Worley > > > To: > > > Sent: Wednesday, January 16, 2002 6:48 AM > > > Subject: Re: [CANSLIM] Contrarian > > > > > > > > > > Hi Dave, > > > > > > > > Judging just from all my small caps, I think we may be in > > for a period of > > > > consolidation for a week or more. My small caps have been moving in > > > > inconsistent fashion, fortunately on low volume for the > > most part. But the > > > > markets are moderately overbought, so some consolidation is > > in order. We > > > > need more bearish sentiment to move any higher. > > > > > > > > Tom Worley > > > > stkguru@netside.net > > > > AIM: TexWorley > > > > ----- Original Message ----- > > > > From: "Dave" > > > > To: > > > > Sent: Wednesday, January 16, 2002 9:42 AM > > > > Subject: [CANSLIM] Contrarian > > > > > > > > > > > > > With all the bearishness on the list the last couple > > days, I wonder if > > > the > > > > > market is ready to turn around and move higher soon. > > After all, the > > > > > markets have gone through quite a correction the past few > > weeks, and the > > > > > Nasdaq is still above its 50 and 200 day averages. > > > > > > > > > > Things do look ugly, and I'm selling some positions, but > > I wonder if > > > this > > > > > is really doom and gloom or just a pause... > > > > > > > > > > > > > > > - > > > > > -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. > > > > - > > -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. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] Date: Wed, 16 Jan 2002 22:04:50 +0100 Date: 16 Jan 2002 15:06:29 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_0069_01C19E9F.60806360 Content-Type: multipart/alternative; boundary="----=_NextPart_001_006A_01C19E9F.60806360" ------=_NextPart_001_006A_01C19E9F.60806360 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Andreas, Look at the intraday and match it to the time of Herb's article Katherine ----- Original Message -----=20 From: Andreas Himmelreich=20 To: 'canslim@lists.xmission.com'=20 Sent: Wednesday, January 16, 2002 3:00 PM Subject: [CANSLIM] Date: Wed, 16 Jan 2002 22:04:50 +0100 Pretty strange what is happening with DYII. Stock has good fundamentals, yet its down 30%? Industry Group kind of = OK as well, even winning Relative Strength. Strange. - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------=_NextPart_001_006A_01C19E9F.60806360 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Andreas,
 
Look at the intraday and match it to the time of Herb's = article
 
Katherine
----- Original Message -----
From:=20 Andreas = Himmelreich
Sent: Wednesday, January 16, = 2002 3:00=20 PM
Subject: [CANSLIM] Date: Wed, = 16 Jan 2002=20 22:04:50 +0100

Pretty strange what is happening with = DYII.

Stock has=20 good fundamentals, yet its down 30%? Industry Group kind of OK as = well, even=20 winning Relative Strength.

Strange.

-
-To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
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Do not use quotes in your email. ------------------------------------------------------------------------------- From: Gyorgy Veszpremi Subject: Re: [CANSLIM] Date: Wed, 16 Jan 2002 22:04:50 +0100 Date: 16 Jan 2002 15:07:36 -0600 Its a Market Maker game on top of failed breakout. Andreas Himmelreich wrote: > Pretty strange what is happening with DYII. > > Stock has good fundamentals, yet its down 30%? Industry Group kind of OK as well, even winning Relative Strength. > > Strange. > > - > -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. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: AW: [CANSLIM] Date: Wed, 16 Jan 2002 22:04:50 +0100 Date: 16 Jan 2002 22:28:11 +0100 Thank you ... > -----Ursprungliche Nachricht----- > Von: Katherine Malm [SMTP:kmalm@earthlink.net] > Gesendet am: Wednesday, January 16, 2002 10:06 PM > An: canslim@lists.xmission.com > Betreff: Re: [CANSLIM] Date: Wed, 16 Jan 2002 22:04:50 +0100 > > Andreas, > > Look at the intraday and match it to the time of Herb's article > > Katherine > ----- Original Message ----- > From: Andreas Himmelreich > To: 'canslim@lists.xmission.com' > Sent: Wednesday, January 16, 2002 3:00 PM > Subject: [CANSLIM] Date: Wed, 16 Jan 2002 22:04:50 +0100 > > > Pretty strange what is happening with DYII. > > Stock has good fundamentals, yet its down 30%? Industry Group kind of OK as well, even winning Relative Strength. > > Strange. > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. > << Datei: ATT00002.htm >> << Datei: DYII ID 011602.jpg >> - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Fanus Subject: Re: [CANSLIM] Nasdaq Future is under water .... Date: 16 Jan 2002 13:28:05 -0800 (PST) Dan Please clarify your statement "The INS has screwed up the makeup of our Country..." - Fanus --- Dan Forant wrote: > Glug,glug,glug, under water is right. Enron may have > put the final nail in > the coffin for awhile. This combined with future > bleak earnings spell > trouble ahead. Kmart bumbling along with other bad > news such as the SEC's > inability to keep track of GIANTS have given > investors a bad taste. Congress > will bloat and gloat for months over Enron and I > believe very little will be > done about it legally. Congress is part of the > problem. Campaign $$$. The > INS has screwed up the makeup of our Country, the > Government (SEC) may now > have set back our financial markets for quite > awhile.. That's why a large > brokerage house recently said to be only 50% > invested. But then again > ........of course they would. > > DanF > > ----- Original Message ----- > From: "Andreas Himmelreich" > To: > Sent: Wednesday, January 16, 2002 7:42 AM > Subject: [CANSLIM] Nasdaq Future is under water .... > > > > Nasdaq Future is under water .... > > > > - > > -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!? Send FREE video emails in Yahoo! Mail! http://promo.yahoo.com/videomail/ - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Bill Triffet" Subject: Re: [CANSLIM] Date: Wed, 16 Jan 2002 22:04:50 +0100 Date: 16 Jan 2002 13:40:45 -0800 Big ouch for me today! Here I was holding this one with it still just above my buy point at 3:00pm. I was considering dumping it in the morning as it's acted wrong the last few days. Now I get back to my office and low and behold - I'm the owner of a super tanker! The worst part is not having a hard stop. No one to kick but myself on that one. What I learned: I MUST use hard stops, I MUST use hard stops, I MUST use hard stops... on EVERY SINGLE TRADE! Well, I guess tomorrow I'll be donating my leftover holding of this one to the vulchers. (g) Thanks for the chart Katherine. - Bill Triffet ----- Original Message ----- Sent: Wednesday, January 16, 2002 1:06 PM Andreas, Look at the intraday and match it to the time of Herb's article Katherine - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Spencer48@aol.com Subject: Re: [CANSLIM] UTSI Date: 16 Jan 2002 17:29:03 EST Dave: To me the day chart looks to be in the beginning of an H&S (even the=20 volume confirms on the left shoulder and head). This is a reversal pattern.= =20 According to the formation (in this case it is an upward slanting H&S) once=20 the neckline is met (and the 50 MA is a good support line), the stock should= =20 rise to another shoulder (on low volume), whereupon it should then plummet t= o=20 the neckline again-equaling a distance from the top of the head to the=20 neckline. To me the market seems weak (I agree with Tim that the mkt. is weak, an= d=20 even though interpretations of what the Market is saying can differ,=20 currently-in my opinion-there is no real room for contrary opinion (contra t= o=20 what Katherine suggests). The market is-in my view-obviously weak (even in=20 today's IBD, The Big Picture points out "...the mixed volume restrained gain= s=20 [of Tues] reflected a Market lacking conviction. Stocks generally didn't=20 bounce back with the same intensity of their sell offs"; and Tuesday's Big=20 Picture says: "...Even more bothersome [than Monday's distribution]? Seller= s=20 whacked some leading stocks. More often than not, the market's strongest=20 names had taken the previous down days in stride." I believe we are entering a short-term bear. This will cause the=20 bull/bear investment advisors to be much more pessimistic in their sentiment= .=20 I believe after this condition arises than the Market will again take off. As for UTSI, depending on where you bought it (per WON: I would not le= t=20 a profit turn into a loss), the support and neckline seem to be at 26-a poin= t=20 below the rising 50 MA. I'd put in a sell at 26.1 (According to Weinstein=20 many investors sell at the whole numbers-that's why I'd put my sell in at 10= =A2=20 above 26). I believe (if the H&S transpires), it should rise again to about= =20 31-32. I'd sell it then (especially if it rose on low volume). jans In a message dated 1/16/2002 2:50:54 PM Eastern Standard Time,=20 drubin@i-2000.com writes: << UTSI tanking, and against the trend of the Nasdaq. It's approaching the 5= 0 day moving average. Will it find support there, or tank further? Most of my gains have been wiped out. >> - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Eric Jaenike Subject: Re: [CANSLIM] Date: Wed, 16 Jan 2002 22:04:50 +0100 Date: 16 Jan 2002 14:58:33 -0800 (PST) --0-1702287815-1011221913=:85175 Content-Type: text/plain; charset=us-ascii Big article today by Herb Greenberg at Realmoney.com on DYII. Company specific. HUGE red flags on these guys. Realmoney.com is a subscription service with excellent info (I am a subscriber). You can get a free 10 day trial there if you want to check out the sight (or just the story on DYII). Eric Andreas Himmelreich wrote: Pretty strange what is happening with DYII. Stock has good fundamentals, yet its down 30%? Industry Group kind of OK as well, even winning Relative Strength. Strange. - -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!? Send FREE video emails in Yahoo! Mail. --0-1702287815-1011221913=:85175 Content-Type: text/html; charset=us-ascii

Big article today by Herb Greenberg at Realmoney.com on DYII. Company specific. HUGE red flags on these guys. Realmoney.com is a subscription service with excellent info (I am a subscriber). You can get a free 10 day trial there if you want to check out the sight (or just the story on DYII).

Eric

  Andreas Himmelreich <judgejimmy@web.de> wrote:

Pretty strange what is happening with DYII.

Stock has good fundamentals, yet its down 30%? Industry Group kind of OK as well, even winning Relative Strength.

Strange.

-
-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!?
Send FREE video emails in Yahoo! Mail. --0-1702287815-1011221913=:85175-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] Date: Wed, 16 Jan 2002 22:04:50 +0100 Date: 16 Jan 2002 17:04:02 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_00B4_01C19EAF.CC4F50A0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Here's the company's official rebuttal to Herb's article: Answers to questions raised during investors phone conference held on = 1/15/02 regarding Form 10Q ended 11/30/2001 Question regarding reserve for bad debt ? Net revenue reported as upper line revenue is already net of reserve for = uncollectibles from third party payers or contractual adjustments in = compliance with the AICPA healthcare industry guideline. Accounts = receivable reported on the consolidated balance sheets is also net of = reserve for uncollectibles or contractual adjustments. Therefore, the = reserve for uncollectibles or contractual adjustments is not reported as = a separate line item like other non-healthcare industries does, but = instead it is subtracted from both the gross revenue and gross accounts = receivable to arrive at net revenue and net accounts receivable, = respectively. However, the reserve for uncollectibles from patients is = reported as a separarate line item in the consolidated statements of = operations as "Provision for uncollectible accounts". Questions regarding comparison of net revenue and net income between = first quarter ended 11/30/01 to fourth quarter ended 8/31/01 ? Net revenue of $13.8 million in first quarter ended 11/30/01 increased = by $1 million or 8% from the fourth quarter ended 8/31/01. Net income of $3.4 million in first quarter ended 11/30/01 decreased by = $0.1 million or 3% from the fourth quarter ended 8/31/01 primarily due = to year end audit adjustments that were booked to the fourth quarter = ended 8/31/01. One of the most significant adjustments was reduction in = "Provision for income taxes expense" due to tax saving benefits of = exercised non-qualified stock options. Had it not been for the income = taxes saving benefits, "Provision for income taxes expense" would have = been $1.5 million instead of $1.1 million in the fourth quarter ended = 8/31/01, and net income would have been reduced by $0.4 million to 3.1 = million and when compare to net income of $3.4 million in the first = quarter ended 11/30/01, net income for the first quarter ended 11/30/01 = had an increase of $0.3million or 10% from that of the fourth quarter = ended 8/31/01. Question regarding the reporting of the $240,000 being paid to Halcyon = to acquire 20% of its minority interests ?=20 The payment of $240,000 was included in the $590,000 paid to related = party in the consolidated statement of cash flow. Question regarding why the Company can bought back 20 % minority = interests in the Hospital from Halcyon for only $240,000 ? It is in accordance with the buy back agreement provision to buy back at = the book value.=20 ----- Original Message -----=20 From: Eric Jaenike=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, January 16, 2002 4:58 PM Subject: Re: [CANSLIM] Date: Wed, 16 Jan 2002 22:04:50 +0100 Big article today by Herb Greenberg at Realmoney.com on DYII. Company = specific. HUGE red flags on these guys. Realmoney.com is a subscription = service with excellent info (I am a subscriber). You can get a free 10 = day trial there if you want to check out the sight (or just the story on = DYII).=20 Eric=20 Andreas Himmelreich wrote:=20 Pretty strange what is happening with DYII. Stock has good fundamentals, yet its down 30%? Industry Group kind = of OK as well, even winning Relative Strength. Strange. - -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!? Send FREE video emails in Yahoo! Mail. ------=_NextPart_000_00B4_01C19EAF.CC4F50A0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Here's the company's official rebuttal to Herb's article:
 
Answers to questions raised during investors phone conference held = on=20 1/15/02 = regarding Form 10Q=20 ended 11/30/2001

Question regarding reserve for bad debt=20 ?

Net revenue reported as upper line revenue is = already net of=20 reserve for uncollectibles from third party = payers or=20 contractual adjustments in compliance with the AICPA healthcare industry = guideline.  Accounts = receivable=20 reported on the consolidated balance sheets is also net of reserve for = uncollectibles or contractual adjustments.  Therefore, the reserve for = uncollectibles or contractual adjustments is not = reported as=20 a separate line item like other non-healthcare industries does, but = instead it=20 is subtracted from both the gross revenue and gross accounts receivable = to=20 arrive at net revenue and net accounts receivable, respectively.  However, the reserve for uncollectibles from patients is reported as a = separarate line item in the consolidated = statements of=20 operations as “Provision for uncollectible accounts”.

Questions regarding comparison of net revenue and = net income=20 between first quarter ended 11/30/01 to fourth quarter ended 8/31/01=20 ?

Net revenue of $13.8 million in first quarter ended = 11/30/01 increased by = $1 million or=20 8% from the fourth quarter ended 8/31/01.

Net income of $3.4 million in first quarter ended = 11/30/01 decreased by = $0.1 million or=20 3% from the fourth quarter ended 8/31/01 primarily due to year end audit = adjustments that=20 were booked to the fourth quarter ended 8/31/01.  = One=20 of the most significant adjustments was reduction in “Provision = for income taxes=20 expense” due to tax saving benefits of exercised non-qualified = stock=20 options.  Had it not been = for the=20 income taxes saving benefits, “Provision for income taxes = expense” would have=20 been $1.5 million instead of $1.1 million in the fourth quarter ended = 8/31/01,=20 and net income would have been reduced by $0.4 million to 3.1 million = and when=20 compare to net income of $3.4 million in the first quarter ended = 11/30/01, net=20 income for the first quarter ended 11/30/01 had an increase of = $0.3million or=20 10% from that of the fourth quarter ended 8/31/01.

Question regarding the reporting of the $240,000 = being paid=20 to Halcyon to acquire 20% of its minority interests = ?=20

The payment of $240,000 was included in the = $590,000 paid to=20 related party in the consolidated statement of cash flow.

Question regarding why the Company can bought back = 20 %=20 minority interests in the Hospital from Halcyon for only $240,000 ?

It is in accordance with the buy back agreement = provision to=20 buy back at the book value.

----- Original Message -----
From:=20 Eric=20 Jaenike
Sent: Wednesday, January 16, = 2002 4:58=20 PM
Subject: Re: [CANSLIM] Date: = Wed, 16 Jan=20 2002 22:04:50 +0100

Big article today by Herb Greenberg at Realmoney.com on DYII. = Company=20 specific. HUGE red flags on these guys. Realmoney.com is a = subscription=20 service with excellent info (I am a subscriber). You can get a free 10 = day=20 trial there if you want to check out the sight (or just the story on = DYII).=20

Eric=20

  Andreas Himmelreich <judgejimmy@web.de> = wrote:=20 Pretty=20 strange what is happening with DYII.

Stock has good = fundamentals, yet=20 its down 30%? Industry Group kind of OK as well, even winning = Relative=20 Strength.

Strange.

-
-To subscribe/unsubscribe, = email=20 "majordomo@xmission.com"
-In the email body, write "subscribe = canslim"=20 or
-"unsubscribe canslim". Do not use quotes in your = email.


Do You Yahoo!?
Send FREE video=20 emails in Yahoo!=20 Mail. ------=_NextPart_000_00B4_01C19EAF.CC4F50A0-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Joe Maguire Subject: Re: [CANSLIM] Date: Wed, 16 Jan 2002 22:04:50 +0100 Date: 16 Jan 2002 15:11:56 -0800 --------------2945CD134A8A70A3A9CA57C9 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit Katherine... O boy what interview with non- ceo/cfo,s onDYII Maybe they were short. Classic. Thx for info. Best Joe M Katherine Malm wrote: > [Image] > > Herb on TheStreet > Dynacq's Doubtful Accounts Send Distress Signals > By Herb Greenberg > Senior Columnist > > 01/16/2002 02:46 PM EST > URL: > http://www.thestreet.com/p/rmoney/herbonthestreet-rm/10006859.html > > When it comes to red flags, so many are flying over Dynacq > International (DYII:Nasdaq - news - commentary) that it's hard to > count. Dynacq owns and manages an acute care hospital in Pasadena, > Texas, where it manages three physician practices. It also operates > two outpatient surgical facilities and a medical office complex. > The only analyst covering the company, Gary Weber of Taglich Brothers, > rates it a buy. That Dynacq pays Taglich for that coverage is reason > enough to warrant caution: The disclosure is right there in the fine > print of the analyst's report. > But in recent quarters there have been numerous other issues that, by > themselves, would warrant a mention here. For example, Dynacq's > allowance for doubtful accounts -- something every CFO should know > like the back of his or her hand -- has been hovering around the 1% > range, which is far below the level used by such rivals as HCA > (HCA:NYSE - news - commentary) , Tenet (THC:NYSE - news - commentary) > and Universal (UHS:NYSE - news - commentary) . Yet when asked about > the amount of the allowance on the company's bizarre conference call > Tuesday, CFO Philip Chan couldn't answer the question. > The dialogue is worth the price of admission. > > Caller: Could you give us where allowance for doubtful > accounts stands right now, please? > CFO: Are you asking the provision for uncollectable accounts > of $41,673 on the income statement? Or are you talking > about... > Caller: I'm talking about the reserve -- the allowance for > doubtful accounts that would be against your gross > receivables so that you have -- you report net accounts > receivable. What is your allowance for doubtful accounts? > What's your reserve that's been built up over time? > CFO: The way we present our [unintelligible] and net revenue > and that is the gross revenue minus, I believe, what you are > talking about the reserve for uncollectible portion from > insurance company or third party. > Caller: Uh, either one. Let me, maybe if I can contrast it > where it was in the 10-K. ... Anyway, it's a standard > nomenclature. It's called allowance for doubtful accounts. > ... It was $193,000 in August. Do you know what it is now, > please? > CFO: Let me turn my page on the same page that you are > saying ... a minute. > Caller: All right, let me -- maybe I can go on while he's > searching that. If I could ask another question here... > > And so it was! The entire call was pretty much like that. > Take the same caller's question about the company's revenue per > hospital bed, which appears to be much higher than the average for the > acute care hospital industry. > > Caller: You have 37 beds and in the hospital you had > revenues in here of just under $9 million, and that equates > somewhere to about a quarter-million dollars revenue per > bed. That is substantially higher than industry averages. > Why is that? > CEO Chiu Chan (who, according to the 10-K is not related to > the CFO): We are not general acute hospital. We are surgical > hospital. > > Not an acute care hospital?! The company itself says in its 10-K, > filed Nov. 27, that it is engaged in "the ownership and management of > an acute care hospital." > The caller continues, saying that revenue at Dynacq's clinic and > outpatient surgical center, which had been a key driver of Dynacq's > growth, was "down about 7% year over year. At the same time, the > hospital revenues just skyrocketed here. They were up 160% or > something." > > CEO Chan: Well, as you can see, we are aligning our company > towards -- we are now saying that Dynacq is a surgical > hospital company. We are a surgical hospital company. That > is the direction which we are going. So, right now all the > focus is, the management focus is a surgical hospital > company. > > Chan later added: "The reason why we are trying to do this is because > we listen to a lot of the research analysts or those brokers about a > single focus company enhance our shareholder value a lot better than > getting more -- all this kind of other business. ... So, the other > thing which is not surgical hospital business is going to go gradually > -- scale down." > But last March Dynacq purchased a second ambulatory or outpatient > surgery center. Now it's saying that that part of the business will no > longer be a focus?! > The conference call continued. A different caller noted that the > company had "very impressive" 12% revenue growth in the fourth quarter > from the third quarter. "But it appears net income may have declined > slightly quarter to quarter. Is that the case?" > > CEO: Net income? No. I don't think so. Net income actually > go up. > Caller No. 2: I backed out that the fourth quarter net > income was about $3,490,000. ... I have this quarter at > about $3,378,000. So, maybe a 3% or so decline in net > income, and you had 12% sequential revenue growth. I'm just > curious where... > > The CEO then started talking about how earnings per share of 23 cents > were higher than the prior quarter's 22 cents, then the CFO injected: > > CFO: Your math ... could be very well correct. The thing > that may confuse a little bit during the fourth quarter is > where we have the annual audit come in and make all the > adjustments. There's no significant adjustment that we made. > You may be able to look at the income tax provision for the > fourth quarter, which kind of declined pretty significantly > from the periods before. That is the time that the auditor > come in and look our annual income tax situation. > Caller No. 2: OK ... the real question I'm driving at ... it > appears that your profit margins came down quite a bit from > quarter to quarter [net profit margin was down nearly 4 > percentage points from the fourth quarter to the first > quarter] ... and I'm just wondering if you could comment a > little bit on why the profit margins ... contracted, and > again, is this something we should expect going forward? > CEO: If you look at the number for the whole fiscal year > last year, our profit margin is ... 25.3. Therefore our net > margin is 24.7 or 24.6. So we are talking about a decimal > point percentage difference, and I don't think it's > something of anybody's concern. > > Year over year, maybe, but quarter to quarter it's nearly 4 percentage > points. That's certainly somebody's concern. But I digress, as the > call returned to the subject of the allowance for doubtful accounts. > > Caller No. 1: I wondered if you'd had a chance to find that > answer on the allowance for doubtful accounts on accounts > receivable? > CFO: I tried to find out the real question -- all on income > statement, the only provision for uncollectible account is > -- for this quarter is $41,670 ... before talk about > $137,000 -- I don't know what number you have been looking > at. > Caller No. 1: $193,000 is what it was in August. > CFO: In August $193,000? > Caller No. 1: August of '01. > CFO: Hold on. > > He never did answer the question. > Finally, back to the question of paying a brokerage firm to cover the > company, another caller said: > > Caller No. 3: I'm showing Gary Weber of Taglich Brothers is > the only analyst following the company. On the footer of > their report it says his firm was paid by Dynacq to write > it. Are there any other nonaffiliated research reports for > analyst coverage? > CEO: Taglich Brothers, yes, we paid for them for the analyst > report to be written in the beginning. Now, what we are > paying them is a quarterly fee to actually have that report > available at their Web site. So we don't pay them to write > about us anymore, and we do not have any other analysts > following this company yet. > Caller No. 3: How much do you pay them? > CFO: $1,250 a month. > > Isn't that a conflict? Not according to Bob Taglich of Taglich > Brothers. He told me: "They are independent reports. In the micro-cap > market, unless you have potential million-dollar fees coming in, it's > very difficult for a brokerage firm to cover small firms for > research." > Doesn't that mean they're buying an opinion? > "They're not buying an opinion," Taglich says. "We have some stocks > that aren't rated." He adds that there is a weeding-out process on > companies Taglich agrees to cover, and notes that whether it's hard > cash or through investment banking business, companies pay for > coverage "one way or the other ... at least we properly disclose it." > He may have a point there. Not that it's the right thing to do -- > disclosed or otherwise. > ----------------------------------------------------------------------- > Herb Greenberg writes daily for TheStreet.com. In keeping with TSC's > editorial policy, he doesn't own or short individual stocks, though he > owns stock in TheStreet.com. He also doesn't invest in hedge funds or > other private investment partnerships. He welcomes your feedback and > invites you to send any to Herb Greenberg. Greenberg also writes a > monthly column for Fortune. > Brian Harris and Mark Martinez assisted with the reporting of this > column. > ----------------------------------------------------------------------- > > ----- Original Message ----- > From: Andreas Himmelreich > To: 'canslim@lists.xmission.com' > Sent: Wednesday, January 16, 2002 3:00 PM > Subject: [CANSLIM] Date: Wed, 16 Jan 2002 22:04:50 +0100 > Pretty strange what is happening with DYII. > > Stock has good fundamentals, yet its down 30%? Industry > Group kind of OK as well, even winning Relative Strength. > > Strange. > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. > --------------2945CD134A8A70A3A9CA57C9 Content-Type: multipart/related; boundary="------------7C0FFF65FE06D1D0B28291B9" --------------7C0FFF65FE06D1D0B28291B9 Content-Type: text/html; charset=us-ascii Content-Transfer-Encoding: 7bit Katherine... O boy what interview with non- ceo/cfo,s onDYII Maybe they were short. Classic. Thx  for info. Best Joe M

Katherine Malm wrote:

Herb on TheStreet
Dynacq's Doubtful Accounts Send Distress Signals
By Herb Greenberg
Senior Columnist

01/16/2002 02:46 PM EST
URL: http://www.thestreet.com/p/rmoney/herbonthestreet-rm/10006859.html

When it comes to red flags, so many are flying over Dynacq International (DYII:Nasdaq - news - commentary) that it's hard to count. Dynacq owns and manages an acute care hospital in Pasadena, Texas, where it manages three physician practices. It also operates two outpatient surgical facilities and a medical office complex.
The only analyst covering the company, Gary Weber of Taglich Brothers, rates it a buy. That Dynacq pays Taglich for that coverage is reason enough to warrant caution: The disclosure is right there in the fine print of the analyst's report. 
But in recent quarters there have been numerous other issues that, by themselves, would warrant a mention here. For example, Dynacq's allowance for doubtful accounts -- something every CFO should know like the back of his or her hand -- has been hovering around the 1% range, which is far below the level used by such rivals as HCA (HCA:NYSE - news - commentary) , Tenet (THC:NYSE - news - commentary) and Universal (UHS:NYSE - news - commentary) . Yet when asked about the amount of the allowance on the company's bizarre conference call Tuesday, CFO Philip Chan couldn't answer the question.
The dialogue is worth the price of admission.

Caller: Could you give us where allowance for doubtful accounts stands right now, please?
CFO: Are you asking the provision for uncollectable accounts of $41,673 on the income statement? Or are you talking about...
Caller: I'm talking about the reserve -- the allowance for doubtful accounts that would be against your gross receivables so that you have -- you report net accounts receivable. What is your allowance for doubtful accounts? What's your reserve that's been built up over time?
CFO: The way we present our [unintelligible] and net revenue and that is the gross revenue minus, I believe, what you are talking about the reserve for uncollectible portion from insurance company or third party.
Caller: Uh, either one. Let me, maybe if I can contrast it where it was in the 10-K. ... Anyway, it's a standard nomenclature. It's called allowance for doubtful accounts. ... It was $193,000 in August. Do you know what it is now, please?
CFO: Let me turn my page on the same page that you are saying ... a minute.
Caller: All right, let me -- maybe I can go on while he's searching that. If I could ask another question here...
And so it was! The entire call was pretty much like that.
Take the same caller's question about the company's revenue per hospital bed, which appears to be much higher than the average for the acute care hospital industry.
Caller: You have 37 beds and in the hospital you had revenues in here of just under $9 million, and that equates somewhere to about a quarter-million dollars revenue per bed. That is substantially higher than industry averages. Why is that?
CEO Chiu Chan (who, according to the 10-K is not related to the CFO): We are not general acute hospital. We are surgical hospital.
Not an acute care hospital?! The company itself says in its 10-K, filed Nov. 27, that it is engaged in "the ownership and management of an acute care hospital."
The caller continues, saying that revenue at Dynacq's clinic and outpatient surgical center, which had been a key driver of Dynacq's growth, was "down about 7% year over year. At the same time, the hospital revenues just skyrocketed here. They were up 160% or something."
CEO Chan: Well, as you can see, we are aligning our company towards -- we are now saying that Dynacq is a surgical hospital company. We are a surgical hospital company. That is the direction which we are going. So, right now all the focus is, the management focus is a surgical hospital company.
Chan later added: "The reason why we are trying to do this is because we listen to a lot of the research analysts or those brokers about a single focus company enhance our shareholder value a lot better than getting more -- all this kind of other business. ... So, the other thing which is not surgical hospital business is going to go gradually -- scale down."
But last March Dynacq purchased a second ambulatory or outpatient surgery center. Now it's saying that that part of the business will no longer be a focus?!
The conference call continued. A different caller noted that the company had "very impressive" 12% revenue growth in the fourth quarter from the third quarter. "But it appears net income may have declined slightly quarter to quarter. Is that the case?"
CEO: Net income? No. I don't think so. Net income actually go up.
Caller No. 2: I backed out that the fourth quarter net income was about $3,490,000. ... I have this quarter at about $3,378,000. So, maybe a 3% or so decline in net income, and you had 12% sequential revenue growth. I'm just curious where...
The CEO then started talking about how earnings per share of 23 cents were higher than the prior quarter's 22 cents, then the CFO injected:
CFO: Your math ... could be very well correct. The thing that may confuse a little bit during the fourth quarter is where we have the annual audit come in and make all the adjustments. There's no significant adjustment that we made. You may be able to look at the income tax provision for the fourth quarter, which kind of declined pretty significantly from the periods before. That is the time that the auditor come in and look our annual income tax situation.
Caller No. 2: OK ... the real question I'm driving at ... it appears that your profit margins came down quite a bit from quarter to quarter [net profit margin was down nearly 4 percentage points from the fourth quarter to the first quarter] ... and I'm just wondering if you could comment a little bit on why the profit margins ... contracted, and again, is this something we should expect going forward?
CEO: If you look at the number for the whole fiscal year last year, our profit margin is ... 25.3. Therefore our net margin is 24.7 or 24.6. So we are talking about a decimal point percentage difference, and I don't think it's something of anybody's concern.
Year over year, maybe, but quarter to quarter it's nearly 4 percentage points. That's certainly somebody's concern. But I digress, as the call returned to the subject of the allowance for doubtful accounts.
Caller No. 1: I wondered if you'd had a chance to find that answer on the allowance for doubtful accounts on accounts receivable?
CFO: I tried to find out the real question -- all on income statement, the only provision for uncollectible account is -- for this quarter is $41,670 ... before talk about $137,000 -- I don't know what number you have been looking at.
Caller No. 1: $193,000 is what it was in August.
CFO: In August $193,000?
Caller No. 1: August of '01.
CFO: Hold on.
He never did answer the question.
Finally, back to the question of paying a brokerage firm to cover the company, another caller said:
Caller No. 3: I'm showing Gary Weber of Taglich Brothers is the only analyst following the company. On the footer of their report it says his firm was paid by Dynacq to write it. Are there any other nonaffiliated research reports for analyst coverage?
CEO: Taglich Brothers, yes, we paid for them for the analyst report to be written in the beginning. Now, what we are paying them is a quarterly fee to actually have that report available at their Web site. So we don't pay them to write about us anymore, and we do not have any other analysts following this company yet.
Caller No. 3: How much do you pay them?
CFO: $1,250 a month.
Isn't that a conflict? Not according to Bob Taglich of Taglich Brothers. He told me: "They are independent reports. In the micro-cap market, unless you have potential million-dollar fees coming in, it's very difficult for a brokerage firm to cover small firms for research."
Doesn't that mean they're buying an opinion?
"They're not buying an opinion," Taglich says. "We have some stocks that aren't rated." He adds that there is a weeding-out process on companies Taglich agrees to cover, and notes that whether it's hard cash or through investment banking business, companies pay for coverage "one way or the other ... at least we properly disclose it."
He may have a point there. Not that it's the right thing to do -- disclosed or otherwise. 
Herb Greenberg writes daily for TheStreet.com. In keeping with TSC's editorial policy, he doesn't own or short individual stocks, though he owns stock in TheStreet.com. He also doesn't invest in hedge funds or other private investment partnerships. He welcomes your feedback and invites you to send any to Herb Greenberg. Greenberg also writes a monthly column for Fortune.
Brian Harris and Mark Martinez assisted with the reporting of this column. 
----- Original Message -----
Sent: Wednesday, January 16, 2002 3:00 PM
Subject: [CANSLIM] Date: Wed, 16 Jan 2002 22:04:50 +0100
 Pretty strange what is happening with DYII.

Stock has good fundamentals, yet its down 30%? Industry Group kind of OK as well, even winning Relative Strength.

Strange.

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Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Dave" Subject: RE: [CANSLIM] UTSI Date: 16 Jan 2002 18:54:46 -0500 Thanks for the input. Well I did sell near the close when it pierced its 50-day. Of course, news after the bell sent it soaring up a point after hours. Sometimes you just can't win. > -----Original Message----- > From: owner-canslim@lists.xmission.com > [mailto:owner-canslim@lists.xmission.com]On Behalf Of Spencer48@aol.com > Sent: Wednesday, January 16, 2002 5:29 PM > To: canslim@lists.xmission.com > Subject: Re: [CANSLIM] UTSI > > > Dave: > > To me the day chart looks to be in the beginning of an H&S > (even the > volume confirms on the left shoulder and head). This is a > reversal pattern. > According to the formation (in this case it is an upward > slanting H&S) once > the neckline is met (and the 50 MA is a good support line), the > stock should > rise to another shoulder (on low volume), whereupon it should > then plummet to > the neckline again-equaling a distance from the top of the head to the > neckline. > > To me the market seems weak (I agree with Tim that the > mkt. is weak, and > even though interpretations of what the Market is saying can differ, > currently-in my opinion-there is no real room for contrary > opinion (contra to > what Katherine suggests). The market is-in my view-obviously > weak (even in > today's IBD, The Big Picture points out "...the mixed volume > restrained gains > [of Tues] reflected a Market lacking conviction. Stocks > generally didn't > bounce back with the same intensity of their sell offs"; and > Tuesday's Big > Picture says: "...Even more bothersome [than Monday's > distribution]? Sellers > whacked some leading stocks. More often than not, the market's > strongest > names had taken the previous down days in stride." > > I believe we are entering a short-term bear. This will cause the > bull/bear investment advisors to be much more pessimistic in > their sentiment. > I believe after this condition arises than the Market will > again take off. > > As for UTSI, depending on where you bought it (per WON: I > would not let > a profit turn into a loss), the support and neckline seem to be > at 26-a point > below the rising 50 MA. I'd put in a sell at 26.1 (According > to Weinstein > many investors sell at the whole numbers-that's why I'd put my > sell in at 10=A2 > above 26). I believe (if the H&S transpires), it should rise > again to about > 31-32. I'd sell it then (especially if it rose on low volume). > > jans > > In a message dated 1/16/2002 2:50:54 PM Eastern Standard Time, > drubin@i-2000.com writes: > > << UTSI tanking, and against the trend of the Nasdaq. It's > approaching the 50 > day moving average. Will it find support there, or tank > further? Most of > my gains have been wiped out. >> > > - > -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. ------------------------------------------------------------------------------- From: "Dan Forant" Subject: Re: [CANSLIM] Nasdaq Future is under water .... Date: 16 Jan 2002 19:17:42 -0500 Fanus, It is a well known fact the last Administration let in a bunch of baffoons mainly so they would enroll Democrat and vote. Un-controlled borders etc. Carter did the same thing and ruined Miami Fla. Most of these enrolled immediately for welfare of sorts. Couldn't or can't speak the language let alone have a trade of any sort. That doesn't include the illegal ones including those from the troubled Middle East. DanF ----- Original Message ----- Sent: Wednesday, January 16, 2002 4:28 PM > Dan > > Please clarify your statement "The INS has screwed up > the makeup of our Country..." > > - Fanus > > --- Dan Forant wrote: > > Glug,glug,glug, under water is right. Enron may have > > put the final nail in > > the coffin for awhile. This combined with future > > bleak earnings spell > > trouble ahead. Kmart bumbling along with other bad > > news such as the SEC's > > inability to keep track of GIANTS have given > > investors a bad taste. Congress > > will bloat and gloat for months over Enron and I > > believe very little will be > > done about it legally. Congress is part of the > > problem. Campaign $$$. The > > INS has screwed up the makeup of our Country, the > > Government (SEC) may now > > have set back our financial markets for quite > > awhile.. That's why a large > > brokerage house recently said to be only 50% > > invested. But then again > > ........of course they would. > > > > DanF > > > > ----- Original Message ----- > > From: "Andreas Himmelreich" > > To: > > Sent: Wednesday, January 16, 2002 7:42 AM > > Subject: [CANSLIM] Nasdaq Future is under water .... > > > > > > > Nasdaq Future is under water .... > > > > > > - > > > -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!? > Send FREE video emails in Yahoo! Mail! > http://promo.yahoo.com/videomail/ > > - > -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. ------------------------------------------------------------------------------- From: esetser Subject: Re: [CANSLIM] UTSI Date: 16 Jan 2002 19:09:25 -0800 UTSI has been a rough ride. I bot it a while back watched it scream up and then scream right back down. Remember that I put in a "1/2 of my gain" stop and got taken out on a dip before the latest runup. I had been smarting over that decision, even though I got out with a nice little profit. Being out, I haven't been watching it much, but I see it has moved well back again. I wonder if this volatility will continue? Boy, I wish I could have stayed in and taken my 1/2 gain on that next runup!! At 02:49 PM 1/16/02 -0500, you wrote: >UTSI tanking, and against the trend of the Nasdaq. It's approaching the 50 >day moving average. Will it find support there, or tank further? Most of >my gains have been wiped out. > >Yet another nice breakout showing signs of collapse. Should have >considered the move to 35 a "climax run" I guess... > > >- >-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. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] Date: Wed, 16 Jan 2002 22:04:50 +0100 Date: 17 Jan 2002 01:01:14 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_0022_01C19EF2.75E28BE0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable strange, DGO normally doesn't show any earnings forecast unless there is = a minimum of three analysts following the stock. Either they changed = this, or Greenberg is putting out wrong info. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, January 16, 2002 4:02 PM Subject: Re: [CANSLIM] Date: Wed, 16 Jan 2002 22:04:50 +0100 15:24 ET Dynacq Int'l (DYII) 20.70 -3.60 (-14.8%): Shares of acute = care hospital operator said to be under pressure in reaction to a Herb = Greenberg column discussing co's below-industry-avg allowance for = doubtful accounts, co compensation to the one analyst covering the stk, = and a recent conference call during which the CFO stumbled over several = accounting issues. ----- Original Message -----=20 From: Andreas Himmelreich=20 To: 'canslim@lists.xmission.com'=20 Sent: Wednesday, January 16, 2002 3:00 PM Subject: [CANSLIM] Date: Wed, 16 Jan 2002 22:04:50 +0100 Pretty strange what is happening with DYII. Stock has good fundamentals, yet its down 30%? Industry Group kind = of OK as well, even winning Relative Strength. Strange. - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------=_NextPart_000_0022_01C19EF2.75E28BE0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
strange, DGO normally doesn't show any earnings = forecast=20 unless there is a minimum of three analysts following the stock. Either = they=20 changed this, or Greenberg is putting out wrong info.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Katherine=20 Malm
Sent: Wednesday, January 16, = 2002 4:02=20 PM
Subject: Re: [CANSLIM] Date: = Wed, 16 Jan=20 2002 22:04:50 +0100

15:24 ET Dynacq Int'l (DYII) 20.70 = -3.60=20 (-14.8%): Shares of acute care hospital operator said to be under = pressure in=20 reaction to a Herb Greenberg column discussing co's=20 below-industry-avg allowance for doubtful accounts, co compensation to = the one=20 analyst covering the stk, and a recent conference call during which = the CFO=20 stumbled over several accounting issues.
----- Original Message -----
From:=20 Andreas=20 Himmelreich
Sent: Wednesday, January 16, = 2002 3:00=20 PM
Subject: [CANSLIM] Date: Wed, = 16 Jan=20 2002 22:04:50 +0100

Pretty strange what is happening with = DYII.

Stock has=20 good fundamentals, yet its down 30%? Industry Group kind of OK as = well, even=20 winning Relative Strength.

Strange.

-
-To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your = email.
------=_NextPart_000_0022_01C19EF2.75E28BE0-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Pat" Subject: Re: Re: [CANSLIM] Contrarian Date: 17 Jan 2002 01:28:34 -0500 Rolf, Try this link for add'l info: http://search.atomz.com/search/?sp-q=trin&sp-a=000 10a6e-sp00000000&Find+It%21.x=16&Find+It%21.y=7 Pat ----- Original Message ----- Sent: Wednesday, January 16, 2002 1:32 PM > I'm unfamiliar with either index. ANy recommended websties that > have and/or explain them? > > Thanks! > Rolf > > canslim@lists.xmission.com wrote: > > If you follow the ARMS index (aka the TRIN), you would see that there hasbeen a stealth amount of bearishness in the DOW over the last 13 days. Last > Friday, the 10-day ARMS index hit 1.3, which has historically been an > indicator of a substantial panic (the BIG panics have it going over 1.5, and > are rare). > > So even though the investor polls are coming back showing high levels of > bullishness, and minimal bearishness, the selling pressure has not reflected > that. > > The stocks that have carried me for the last few months (ELTE, CEDC, NMHC, > QMDC) have all been very strong/resilient as of late as well. No sell > signals from any of them yet. > > Just my 2 cents. > > Ian > > > > > > > > ----- Original Message ----- > From: Tom Worley > To: > Sent: Wednesday, January 16, 2002 6:48 AM > Subject: Re: [CANSLIM] Contrarian > > > > Hi Dave, > > > > Judging just from all my small caps, I think we may be in for a period of > > consolidation for a week or more. My small caps have been moving in > > inconsistent fashion, fortunately on low volume for the most part. But the > > markets are moderately overbought, so some consolidation is in order. We > > need more bearish sentiment to move any higher. > > > > Tom Worley > > stkguru@netside.net > > AIM: TexWorley > > ----- Original Message ----- > > From: "Dave" > > To: > > Sent: Wednesday, January 16, 2002 9:42 AM > > Subject: [CANSLIM] Contrarian > > > > > > > With all the bearishness on the list the last couple days, I wonder if > the > > > market is ready to turn around and move higher soon. After all, the > > > markets have gone through quite a correction the past few weeks, and the > > > Nasdaq is still above its 50 and 200 day averages. > > > > > > Things do look ugly, and I'm selling some positions, but I wonder if > this > > > is really doom and gloom or just a pause... > > > > > > > > > - > > > -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. > > > - > -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. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] Nasdaq Future is under water .... Date: 17 Jan 2002 01:23:06 -0500 Dan, having lived in Miami, FL for the past 18 years, I take exception to your statements. The bulk of the immigrants that have settled here are Cuban, and they are among the most hard working people I have met. They are family oriented, and welcome with open arms even very distant relatives, or even friends or neighbors of distant relatives. They help find them a place to live, they find them a job, they support them and ease the transition into a new country and culture. I also believe one of the requirements to gain resident alien status is proof of a job, or other means of support to ensure welfare will not be an issue. I certainly would not be still living in the city of Miami after 18 years if I believe it was "ruined". Where did you get the notion that a recent immigrant, legal or illegal, was even allowed to vote? Are you forgetting that most present day citizens of the USA were once an immigrant, or are descended from an immigrant? Not a bad thing, I believe this cultural blend is what has made this country so great, and made it value freedom so much. I would also note that typically only a very small percentage of the citizens of the United States even bother to vote. Guess the ones that don't bother are baffoons as well? Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message ----- Sent: Wednesday, January 16, 2002 7:17 PM > Fanus, > > It is a well known fact the last Administration let in a bunch of baffoons > mainly so they would enroll Democrat and vote. Un-controlled borders etc. > Carter did the same thing and ruined Miami Fla. Most of these enrolled > immediately for welfare of sorts. Couldn't or can't speak the language let > alone have a trade of any sort. That doesn't include the illegal ones > including those from the troubled Middle East. > > DanF > ----- Original Message ----- > From: "Fanus" > To: > Sent: Wednesday, January 16, 2002 4:28 PM > Subject: Re: [CANSLIM] Nasdaq Future is under water .... > > > > Dan > > > > Please clarify your statement "The INS has screwed up > > the makeup of our Country..." > > > > - Fanus > > > > --- Dan Forant wrote: > > > Glug,glug,glug, under water is right. Enron may have > > > put the final nail in > > > the coffin for awhile. This combined with future > > > bleak earnings spell > > > trouble ahead. Kmart bumbling along with other bad > > > news such as the SEC's > > > inability to keep track of GIANTS have given > > > investors a bad taste. Congress > > > will bloat and gloat for months over Enron and I > > > believe very little will be > > > done about it legally. Congress is part of the > > > problem. Campaign $$$. The > > > INS has screwed up the makeup of our Country, the > > > Government (SEC) may now > > > have set back our financial markets for quite > > > awhile.. That's why a large > > > brokerage house recently said to be only 50% > > > invested. But then again > > > ........of course they would. > > > > > > DanF > > > > > > ----- Original Message ----- > > > From: "Andreas Himmelreich" > > > To: > > > Sent: Wednesday, January 16, 2002 7:42 AM > > > Subject: [CANSLIM] Nasdaq Future is under water .... > > > > > > > > > > Nasdaq Future is under water .... > > > > > > > > - > > > > -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!? > > Send FREE video emails in Yahoo! Mail! > > http://promo.yahoo.com/videomail/ > > > > - > > -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. ------------------------------------------------------------------------------- From: "Dan Forant" Subject: Re: [CANSLIM] Nasdaq Future is under water .... Date: 17 Jan 2002 06:37:44 -0500 Please, let's not compare the immigrants of today with the past. No comparison. If you don't believe the INS has hurt the Nation in general, that's your right. This was a broad stroke statement, not just about Miami, but including Miami. DanF ----- Original Message ----- Sent: Thursday, January 17, 2002 1:23 AM > Dan, having lived in Miami, FL for the past 18 years, I take exception to > your statements. > > The bulk of the immigrants that have settled here are Cuban, and they are > among the most hard working people I have met. They are family oriented, and > welcome with open arms even very distant relatives, or even friends or > neighbors of distant relatives. They help find them a place to live, they > find them a job, they support them and ease the transition into a new > country and culture. > > I also believe one of the requirements to gain resident alien status is > proof of a job, or other means of support to ensure welfare will not be an > issue. > > I certainly would not be still living in the city of Miami after 18 years if > I believe it was "ruined". > > Where did you get the notion that a recent immigrant, legal or illegal, was > even allowed to vote? Are you forgetting that most present day citizens of > the USA were once an immigrant, or are descended from an immigrant? Not a > bad thing, I believe this cultural blend is what has made this country so > great, and made it value freedom so much. > > I would also note that typically only a very small percentage of the > citizens of the United States even bother to vote. Guess the ones that don't > bother are baffoons as well? > > Tom Worley > stkguru@netside.net > AIM: TexWorley > ----- Original Message ----- > From: "Dan Forant" > To: > Sent: Wednesday, January 16, 2002 7:17 PM > Subject: Re: [CANSLIM] Nasdaq Future is under water .... > > > > Fanus, > > > > It is a well known fact the last Administration let in a bunch of baffoons > > mainly so they would enroll Democrat and vote. Un-controlled borders etc. > > Carter did the same thing and ruined Miami Fla. Most of these enrolled > > immediately for welfare of sorts. Couldn't or can't speak the language let > > alone have a trade of any sort. That doesn't include the illegal ones > > including those from the troubled Middle East. > > > > DanF > > ----- Original Message ----- > > From: "Fanus" > > To: > > Sent: Wednesday, January 16, 2002 4:28 PM > > Subject: Re: [CANSLIM] Nasdaq Future is under water .... > > > > > > > Dan > > > > > > Please clarify your statement "The INS has screwed up > > > the makeup of our Country..." > > > > > > - Fanus > > > > > > --- Dan Forant wrote: > > > > Glug,glug,glug, under water is right. Enron may have > > > > put the final nail in > > > > the coffin for awhile. This combined with future > > > > bleak earnings spell > > > > trouble ahead. Kmart bumbling along with other bad > > > > news such as the SEC's > > > > inability to keep track of GIANTS have given > > > > investors a bad taste. Congress > > > > will bloat and gloat for months over Enron and I > > > > believe very little will be > > > > done about it legally. Congress is part of the > > > > problem. Campaign $$$. The > > > > INS has screwed up the makeup of our Country, the > > > > Government (SEC) may now > > > > have set back our financial markets for quite > > > > awhile.. That's why a large > > > > brokerage house recently said to be only 50% > > > > invested. But then again > > > > ........of course they would. > > > > > > > > DanF > > > > > > > > ----- Original Message ----- > > > > From: "Andreas Himmelreich" > > > > To: > > > > Sent: Wednesday, January 16, 2002 7:42 AM > > > > Subject: [CANSLIM] Nasdaq Future is under water .... > > > > > > > > > > > > > Nasdaq Future is under water .... > > > > > > > > > > - > > > > > -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!? > > > Send FREE video emails in Yahoo! Mail! > > > http://promo.yahoo.com/videomail/ > > > > > > - > > > -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. > - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Gene Ricci Subject: [CANSLIM] Katherine & Tom On A Coffee Break? Date: 17 Jan 2002 09:35:59 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_0437_01C19F3A.5F3AE7A0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable When I saw this picture I thought how sharing an office with Tom and = Katherine might be like...=20 http://www.stocktrendwizard.com/myoffice.htm It is actually is a picture of Chris Terry's office.=20 Gene ------=_NextPart_000_0437_01C19F3A.5F3AE7A0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
When I saw this picture I thought=20 how sharing an office with Tom and Katherine might be like... =
 
http://www.stocktrendwizard.com/myoffice.htm
=
It is actually is a picture of = Chris=20 Terry's office. 
 
Gene

------=_NextPart_000_0437_01C19F3A.5F3AE7A0-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] Katherine & Tom On A Coffee Break? Date: 17 Jan 2002 09:41:00 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_00BB_01C19F3B.12B4A500 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable That's hysterical, Gene. All I can say is... "but where's my foot high = stack of unread IBD's????" Katherine ----- Original Message -----=20 From: Gene Ricci=20 To: canslim@lists.xmission.com=20 Sent: Thursday, January 17, 2002 9:35 AM Subject: [CANSLIM] Katherine & Tom On A Coffee Break? When I saw this picture I thought how sharing an office with Tom and = Katherine might be like...=20 http://www.stocktrendwizard.com/myoffice.htm It is actually is a picture of Chris Terry's office.=20 Gene ------=_NextPart_000_00BB_01C19F3B.12B4A500 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
That's hysterical, Gene. All I can say is... "but where's my foot = high=20 stack of unread IBD's????"
 
Katherine
----- Original Message -----
From:=20 Gene = Ricci
Sent: Thursday, January 17, = 2002 9:35=20 AM
Subject: [CANSLIM] Katherine = & Tom On=20 A Coffee Break?

When I saw this picture I thought=20 how sharing an office with Tom and Katherine might be like...=20
 
http://www.stocktrendwizard.com/myoffice.htm
=
It is actually is a picture of = Chris=20 Terry's office. 
 
Gene

------=_NextPart_000_00BB_01C19F3B.12B4A500-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] Katherine & Tom On A Coffee Break? Date: 17 Jan 2002 10:37:02 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_0057_01C19F42.E6A33C80 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable And I would need several more pairs of tri-focals to keep up with all = the screens, probably have a nervous breakdown the first day on the job. = And I didn't see my trusty but aging 486? To keep up with this, I would need the coffee pot hot wired into an IV = bag set for continuous flow. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Thursday, January 17, 2002 10:41 AM Subject: Re: [CANSLIM] Katherine & Tom On A Coffee Break? That's hysterical, Gene. All I can say is... "but where's my foot high = stack of unread IBD's????" Katherine ----- Original Message -----=20 From: Gene Ricci=20 To: canslim@lists.xmission.com=20 Sent: Thursday, January 17, 2002 9:35 AM Subject: [CANSLIM] Katherine & Tom On A Coffee Break? When I saw this picture I thought how sharing an office with Tom and = Katherine might be like...=20 http://www.stocktrendwizard.com/myoffice.htm It is actually is a picture of Chris Terry's office.=20 Gene ------=_NextPart_000_0057_01C19F42.E6A33C80 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
And I would need several more pairs of = tri-focals to keep=20 up with all the screens, probably have a nervous breakdown the first day = on the=20 job. And I didn't see my trusty but aging 486?
 
To keep up with this, I would need the coffee = pot hot=20 wired into an IV bag set for continuous flow.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Katherine=20 Malm
Sent: Thursday, January 17, = 2002 10:41=20 AM
Subject: Re: [CANSLIM] = Katherine &=20 Tom On A Coffee Break?

That's hysterical, Gene. All I can say is... "but where's my foot = high=20 stack of unread IBD's????"
 
Katherine
----- Original Message -----
From:=20 Gene = Ricci
Sent: Thursday, January 17, = 2002 9:35=20 AM
Subject: [CANSLIM] Katherine = & Tom=20 On A Coffee Break?

When I saw this picture I thought=20 how sharing an office with Tom and Katherine might be like...=20
 
http://www.stocktrendwizard.com/myoffice.htm
=
It is actually is a picture of = Chris=20 Terry's office. 
 
Gene

------=_NextPart_000_0057_01C19F42.E6A33C80-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: stkguru@netside.net Subject: [CANSLIM] You've Been Sent An Article From The Onion Date: 17 Jan 2002 09:52:50 -0600 (CST)
Tom Worley at stkguru@netside.net has sent you an article from The Onion, America's Finest News Source.

Tom Worley included the following message:
With all the hype of new technology, I got a chuckle out of this one.


The Onion | Infographic
Infographic  
Infographic
Click here to download a printable version of this chart in Adobe Acrobat PDF format.
If you do not already have a copy of the Adobe Acrobat Reader, you can download a free copy of the Adobe Acrobat Reader from Adobe's home-page.

You can also see this article online:
http://www.theonion.com/onion3801/infograph_3801.html

The Onion® is not intended for readers under 18 years of age.
- -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] You've Been Sent An Article From The Onion Date: 17 Jan 2002 10:00:49 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_00C4_01C19F3D.D705FD80 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable The Onion | InfographicLOL LOL LOL LOL!!!!!! I needed that this morning! I'm sitting here watching my MCAF plunge = into the depths of hell....Doing a post analysis and noting all the red = flags I saw and IGNORED over the last couple of weeks. Rewriting my sell = rules a bit so that it says 3 red flags =3D sell. Duh. Watching the last = 51% of gains disappear into cyberspace at the same time SYMC is sucking = all my dollars away. See me hitting my head on the desk?(next to my = iMac, BTW)...thump thump thump. Journal note: practice what you preach, = practice what you preach, practice what you preach, practice..... Katherine ----- Original Message -----=20 From: stkguru@netside.net=20 To: canslim@lists.xmission.com=20 Sent: Thursday, January 17, 2002 9:52 AM Subject: [CANSLIM] You've Been Sent An Article From The Onion Tom Worley at stkguru@netside.net has sent you an article from = The Onion, America's Finest News Source. =20 Tom Worley included the following message: With all the hype of new technology, I got a chuckle out of this = one. =20 =20 Infographic =20 =20 =20 Click here to download a printable version of this = chart in Adobe Acrobat PDF format.=20 If you do not already have a copy of the Adobe = Acrobat Reader, you can download a free copy of the Adobe Acrobat Reader = from Adobe's home-page. =20 =20 You can also see this article online: http://www.theonion.com/onion3801/infograph_3801.html The Onion=AE is not intended for readers under 18 years of age. - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In = the email body, write "subscribe canslim" or -"unsubscribe canslim". Do = not use quotes in your email.=20 ------=_NextPart_000_00C4_01C19F3D.D705FD80 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable The Onion | Infographic
LOL LOL LOL LOL!!!!!!
 
I needed that this morning! I'm sitting here watching my MCAF = plunge into=20 the depths of hell....Doing a post analysis and noting all the red flags = I saw=20 and IGNORED over the last couple of weeks. Rewriting my sell rules a bit = so that=20 it says 3 red flags =3D sell. Duh. Watching the last 51% of gains = disappear into=20 cyberspace at the same time SYMC is sucking all my dollars away. See me = hitting=20 my head on the desk?(next to my iMac, BTW)...thump thump thump. Journal = note:=20 practice what you preach, practice what you preach, practice what you = preach,=20 practice.....
 
Katherine
----- Original Message -----
From:=20 stkguru@netside.net
Sent: Thursday, January 17, = 2002 9:52=20 AM
Subject: [CANSLIM] You've Been = Sent An=20 Article From The Onion

Tom=20 Worley at stkguru@netside.net=20 has sent you an article from The Onion, America's Finest News=20 Source.

Tom Worley included the following message:
With all = the hype=20 of new technology, I got a chuckle out of this one.=20


------=_NextPart_000_00C4_01C19F3D.D705FD80-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] You've Been Sent An Article From The Onion Date: 17 Jan 2002 11:00:36 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_006A_01C19F46.31728380 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable The Onion | InfographicI will be interested in your conclusions how two = stocks in the same group can head in the opposite direction on the same = day, and big time, and on volume. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Thursday, January 17, 2002 11:00 AM Subject: Re: [CANSLIM] You've Been Sent An Article From The Onion LOL LOL LOL LOL!!!!!! I needed that this morning! I'm sitting here watching my MCAF plunge = into the depths of hell....Doing a post analysis and noting all the red = flags I saw and IGNORED over the last couple of weeks. Rewriting my sell = rules a bit so that it says 3 red flags =3D sell. Duh. Watching the last = 51% of gains disappear into cyberspace at the same time SYMC is sucking = all my dollars away. See me hitting my head on the desk?(next to my = iMac, BTW)...thump thump thump. Journal note: practice what you preach, = practice what you preach, practice what you preach, practice..... Katherine ----- Original Message -----=20 From: stkguru@netside.net=20 To: canslim@lists.xmission.com=20 Sent: Thursday, January 17, 2002 9:52 AM Subject: [CANSLIM] You've Been Sent An Article From The Onion Tom Worley at stkguru@netside.net has sent you an article from = The Onion, America's Finest News Source. =20 Tom Worley included the following message: With all the hype of new technology, I got a chuckle out of = this one. =20 =20 Infographic =20 =20 =20 Click here to download a printable version of this = chart in Adobe Acrobat PDF format.=20 If you do not already have a copy of the Adobe = Acrobat Reader, you can download a free copy of the Adobe Acrobat Reader = from Adobe's home-page. =20 =20 You can also see this article online: http://www.theonion.com/onion3801/infograph_3801.html The Onion=AE is not intended for readers under 18 years of = age. - -To subscribe/unsubscribe, email "majordomo@xmission.com" = -In the email body, write "subscribe canslim" or -"unsubscribe canslim". = Do not use quotes in your email.=20 =20 ------=_NextPart_000_006A_01C19F46.31728380 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable The Onion | Infographic
I will be interested in your conclusions how two = stocks in=20 the same group can head in the opposite direction on the same day, and = big time,=20 and on volume.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Katherine=20 Malm
Sent: Thursday, January 17, = 2002 11:00=20 AM
Subject: Re: [CANSLIM] You've = Been Sent=20 An Article From The Onion

LOL LOL LOL LOL!!!!!!
 
I needed that this morning! I'm sitting here watching my MCAF = plunge into=20 the depths of hell....Doing a post analysis and noting all the red = flags I saw=20 and IGNORED over the last couple of weeks. Rewriting my sell rules a = bit so=20 that it says 3 red flags =3D sell. Duh. Watching the last 51% of gains = disappear=20 into cyberspace at the same time SYMC is sucking all my dollars away. = See me=20 hitting my head on the desk?(next to my iMac, BTW)...thump thump = thump.=20 Journal note: practice what you preach, practice what you preach, = practice=20 what you preach, practice.....
 
Katherine
----- Original Message -----
From:=20 stkguru@netside.net
Sent: Thursday, January 17, = 2002 9:52=20 AM
Subject: [CANSLIM] You've = Been Sent An=20 Article From The Onion

Infographic =  =20
3DInfographic=20
Click here=20 to download a printable version of this chart in = Adobe=20 Acrobat PDF format.
If you do not already have a copy of the = Adobe=20 Acrobat Reader, you can download a free copy of the = Adobe=20 Acrobat Reader from Adobe's=20 home-page.

You can also see this article online:
http://www= .theonion.com/onion3801/infograph_3801.html

The=20 Onion=AE is not intended for readers under 18 years of=20 age.
- -To subscribe/unsubscribe, email=20 "majordomo@xmission.com" -In the email body, write "subscribe = canslim"=20 or -"unsubscribe canslim". Do not use quotes in your=20 email.
Tom=20 Worley at stkguru@netside.net=20 has sent you an article from The Onion, America's Finest News=20 Source.

Tom Worley included the following message:
With = all the hype=20 of new technology, I got a chuckle out of this one.=20


------=_NextPart_000_006A_01C19F46.31728380-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] You've Been Sent An Article From The Onion Date: 17 Jan 2002 10:13:00 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_00D1_01C19F3F.8AF73F60 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable The Onion | InfographicI'll do a post analysis...can't figure out why = SYMC and MCAF can run completely opposite...makes no sense...yet. Just = another example of why you need to let the technicals speak for exit. = I'll post the technical warnings...later we'll figure out the anomaly. Katherine ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Thursday, January 17, 2002 10:00 AM Subject: Re: [CANSLIM] You've Been Sent An Article From The Onion I will be interested in your conclusions how two stocks in the same = group can head in the opposite direction on the same day, and big time, = and on volume. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Thursday, January 17, 2002 11:00 AM Subject: Re: [CANSLIM] You've Been Sent An Article From The Onion LOL LOL LOL LOL!!!!!! I needed that this morning! I'm sitting here watching my MCAF plunge = into the depths of hell....Doing a post analysis and noting all the red = flags I saw and IGNORED over the last couple of weeks. Rewriting my sell = rules a bit so that it says 3 red flags =3D sell. Duh. Watching the last = 51% of gains disappear into cyberspace at the same time SYMC is sucking = all my dollars away. See me hitting my head on the desk?(next to my = iMac, BTW)...thump thump thump. Journal note: practice what you preach, = practice what you preach, practice what you preach, practice..... Katherine ----- Original Message -----=20 From: stkguru@netside.net=20 To: canslim@lists.xmission.com=20 Sent: Thursday, January 17, 2002 9:52 AM Subject: [CANSLIM] You've Been Sent An Article From The Onion Tom Worley at stkguru@netside.net has sent you an article = from The Onion, America's Finest News Source. =20 Tom Worley included the following message: With all the hype of new technology, I got a chuckle out of = this one. =20 =20 Infographic =20 =20 =20 Click here to download a printable version of = this chart in Adobe Acrobat PDF format.=20 If you do not already have a copy of the Adobe = Acrobat Reader, you can download a free copy of the Adobe Acrobat Reader = from Adobe's home-page. =20 =20 You can also see this article online: http://www.theonion.com/onion3801/infograph_3801.html The Onion=AE is not intended for readers under 18 years of = age. - -To subscribe/unsubscribe, email "majordomo@xmission.com" = -In the email body, write "subscribe canslim" or -"unsubscribe canslim". = Do not use quotes in your email.=20 =20 ------=_NextPart_000_00D1_01C19F3F.8AF73F60 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable The Onion | Infographic
I'll do a post analysis...can't figure out why SYMC and MCAF can = run=20 completely opposite...makes no sense...yet. Just another example of why = you need=20 to let the technicals speak for exit. I'll post the technical = warnings...later=20 we'll figure out the anomaly.
 
Katherine
----- Original Message -----
From:=20 Tom = Worley=20
Sent: Thursday, January 17, = 2002 10:00=20 AM
Subject: Re: [CANSLIM] You've = Been Sent=20 An Article From The Onion

I will be interested in your conclusions how = two stocks=20 in the same group can head in the opposite direction on the same day, = and big=20 time, and on volume.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Katherine=20 Malm
Sent: Thursday, January 17, = 2002 11:00=20 AM
Subject: Re: [CANSLIM] You've = Been Sent=20 An Article From The Onion

LOL LOL LOL LOL!!!!!!
 
I needed that this morning! I'm sitting here watching my MCAF = plunge=20 into the depths of hell....Doing a post analysis and noting all the = red=20 flags I saw and IGNORED over the last couple of weeks. Rewriting my = sell=20 rules a bit so that it says 3 red flags =3D sell. Duh. Watching the = last 51%=20 of gains disappear into cyberspace at the same time SYMC is sucking = all my=20 dollars away. See me hitting my head on the desk?(next to my iMac,=20 BTW)...thump thump thump. Journal note: practice what you preach, = practice=20 what you preach, practice what you preach, practice.....
 
Katherine
----- Original Message ----- =
From:=20 stkguru@netside.net
To: canslim@lists.xmission.com= =20
Sent: Thursday, January 17, = 2002 9:52=20 AM
Subject: [CANSLIM] You've = Been Sent=20 An Article From The Onion

Infographic =  =20
Click here to download a printable = version of=20 this chart in Adobe Acrobat PDF format. = If you do not already have a copy of the = Adobe=20 Acrobat Reader, you can download a free copy of = the Adobe=20 Acrobat Reader from Adobe's = home-page.

You can also see this article online:
http://www= .theonion.com/onion3801/infograph_3801.html

The=20 Onion=AE is not intended for readers under 18 years of=20 age.
- -To subscribe/unsubscribe, email=20 "majordomo@xmission.com" -In the email body, write "subscribe = canslim"=20 or -"unsubscribe canslim". Do not use quotes in your=20 email.
Tom=20 Worley at stkguru@netside.net = has sent=20 you an article from The Onion, America's Finest News = Source.=20

Tom Worley included the following message:
With = all the=20 hype of new technology, I got a chuckle out of this = one.=20


=
------=_NextPart_000_00D1_01C19F3F.8AF73F60-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] You've Been Sent An Article From The Onion Date: 17 Jan 2002 11:08:49 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_0076_01C19F47.5717DA80 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable The Onion | Infographicthanks. BTW, I am trying out this concept of "vacation" for the rest of the = month, so should be present during the day a little more. Still gotta = get the hang of the concept, already did about an hour or so of office = work.=20 Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Thursday, January 17, 2002 11:13 AM Subject: Re: [CANSLIM] You've Been Sent An Article From The Onion I'll do a post analysis...can't figure out why SYMC and MCAF can run = completely opposite...makes no sense...yet. Just another example of why = you need to let the technicals speak for exit. I'll post the technical = warnings...later we'll figure out the anomaly. Katherine ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Thursday, January 17, 2002 10:00 AM Subject: Re: [CANSLIM] You've Been Sent An Article From The Onion I will be interested in your conclusions how two stocks in the same = group can head in the opposite direction on the same day, and big time, = and on volume. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Thursday, January 17, 2002 11:00 AM Subject: Re: [CANSLIM] You've Been Sent An Article From The Onion LOL LOL LOL LOL!!!!!! I needed that this morning! I'm sitting here watching my MCAF = plunge into the depths of hell....Doing a post analysis and noting all = the red flags I saw and IGNORED over the last couple of weeks. Rewriting = my sell rules a bit so that it says 3 red flags =3D sell. Duh. Watching = the last 51% of gains disappear into cyberspace at the same time SYMC is = sucking all my dollars away. See me hitting my head on the desk?(next to = my iMac, BTW)...thump thump thump. Journal note: practice what you = preach, practice what you preach, practice what you preach, = practice..... Katherine ----- Original Message -----=20 From: stkguru@netside.net=20 To: canslim@lists.xmission.com=20 Sent: Thursday, January 17, 2002 9:52 AM Subject: [CANSLIM] You've Been Sent An Article From The Onion Tom Worley at stkguru@netside.net has sent you an article = from The Onion, America's Finest News Source. =20 Tom Worley included the following message: With all the hype of new technology, I got a chuckle out = of this one. =20 =20 Infographic =20 =20 =20 Click here to download a printable version of = this chart in Adobe Acrobat PDF format.=20 If you do not already have a copy of the Adobe = Acrobat Reader, you can download a free copy of the Adobe Acrobat Reader = from Adobe's home-page. =20 =20 You can also see this article online: http://www.theonion.com/onion3801/infograph_3801.html The Onion=AE is not intended for readers under 18 years of = age. - -To subscribe/unsubscribe, email = "majordomo@xmission.com" -In the email body, write "subscribe canslim" = or -"unsubscribe canslim". Do not use quotes in your email.=20 =20 ------=_NextPart_000_0076_01C19F47.5717DA80 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable The Onion | Infographic
thanks.
 
BTW, I am trying out this concept of "vacation" = for the=20 rest of the month, so should be present during the day a little more. = Still=20 gotta get the hang of the concept, already did about an hour or so of = office=20 work.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Katherine=20 Malm
Sent: Thursday, January 17, = 2002 11:13=20 AM
Subject: Re: [CANSLIM] You've = Been Sent=20 An Article From The Onion

I'll do a post analysis...can't figure out why SYMC and MCAF can = run=20 completely opposite...makes no sense...yet. Just another example of = why you=20 need to let the technicals speak for exit. I'll post the technical=20 warnings...later we'll figure out the anomaly.
 
Katherine
----- Original Message -----
From:=20 Tom=20 Worley
Sent: Thursday, January 17, = 2002 10:00=20 AM
Subject: Re: [CANSLIM] You've = Been Sent=20 An Article From The Onion

I will be interested in your conclusions how = two=20 stocks in the same group can head in the opposite direction on the = same day,=20 and big time, and on volume.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message ----- =
From:=20 Katherine=20 Malm
To: canslim@lists.xmission.com= =20
Sent: Thursday, January 17, = 2002=20 11:00 AM
Subject: Re: [CANSLIM] = You've Been=20 Sent An Article From The Onion

LOL LOL LOL LOL!!!!!!
 
I needed that this morning! I'm sitting here watching my MCAF = plunge=20 into the depths of hell....Doing a post analysis and noting all = the red=20 flags I saw and IGNORED over the last couple of weeks. Rewriting = my sell=20 rules a bit so that it says 3 red flags =3D sell. Duh. Watching = the last 51%=20 of gains disappear into cyberspace at the same time SYMC is = sucking all my=20 dollars away. See me hitting my head on the desk?(next to my iMac, = BTW)...thump thump thump. Journal note: practice what you preach, = practice=20 what you preach, practice what you preach, practice.....
 
Katherine
----- Original Message ----- =
From:=20 stkguru@netside.net =
To: canslim@lists.xmission.com= =20
Sent: Thursday, January = 17, 2002=20 9:52 AM
Subject: [CANSLIM] You've = Been Sent=20 An Article From The Onion

Infographic  =20
=
Click here=20 to download a printable version of this chart in = Adobe=20 Acrobat PDF format.
If you do not already have a copy of = the Adobe=20 Acrobat Reader, you can download a free copy of = the=20 Adobe Acrobat Reader from Adobe's = home-page.

You can also see this article online:
http://www= .theonion.com/onion3801/infograph_3801.html

The=20 Onion=AE is not intended for readers under 18 years of=20 age.
- -To subscribe/unsubscribe, email=20 "majordomo@xmission.com" -In the email body, write = "subscribe=20 canslim" or -"unsubscribe canslim". Do not use quotes in = your=20 email.
Tom Worley at stkguru@netside.net has sent=20 you an article from The Onion, America's Finest News=20 Source.

Tom Worley included the following = message:
With all the=20 hype of new technology, I got a chuckle out of this = one.=20


=
------=_NextPart_000_0076_01C19F47.5717DA80-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: [CANSLIM] ROOM Date: 17 Jan 2002 17:34:55 +0100 After this storm is over, Room might have built a nice CWH .... - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: [CANSLIM] MCAF Date: 17 Jan 2002 10:31:40 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_00F3_01C19F42.26B15BA0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Oh...here's the explanation for the SYMC vs. MCAF anomaly.... Will post a technical post analysis later. I should just call this DYII, FIC revisited... Katherine Jan 17 2002 11:21 AM In Play McAfee.com (MCAF) 24.85 -7.44 (-23%): Robertson = Stephens is raising several issues following MCAF's earnings report last = night; believes that the quality of revenue has eroded a bit following = co's change in license revenue structure; notes that in Q4 subscribers = grew by only 125K vs 200K sub adds in Q3. While firm remains confident = that 2002 numbers are beatable, thinks stk remains expensive, and would = not be constructive on the name until a move to $20 or below.=20 Jan 16 2002 5:26 PM In Play McAfee.com (MCAF) 32.29 -4.11: -- Update -- During = its conference call, the co guides higher Q1 rev/EPS to $19.1 mln/$0.06 = (consensus is $18.95 mln/$0.05); FY02 projections are revs of $80-$90 = mln, 69-72% gross mgn, and EPS should be in the range of $0.25-$0.28 (in = the mid-point of rev consensus of $85.82 mln, and better than EPS = consensus of $0.22).=20 Jan 16 2002 4:43 PM In Play McAfee.com (MCAF) 32.29 -4.11: Reports Q4 (Dec) = earnings of $0.09, four cents better than the Multex consensus of $0.05; = revenues were $18.6 mln vs the consensus of $17.8 mln.=20 ------=_NextPart_000_00F3_01C19F42.26B15BA0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Oh...here's the explanation for the SYMC vs. MCAF anomaly....
 
Will post a technical post analysis later.
 
I should just call this DYII, FIC revisited...
 
Katherine
 
Infographic   =
=
Click here to download a printable = version=20 of this chart in Adobe Acrobat PDF format.=20
If you do not already have a copy of = the Adobe=20 Acrobat Reader, you can download a free copy = of the=20 Adobe Acrobat Reader from Adobe's = home-page.

You can also see this article online:
http://www= .theonion.com/onion3801/infograph_3801.html

The=20 Onion=AE is not intended for readers under 18 years of = age.
- -To subscribe/unsubscribe, email=20 "majordomo@xmission.com" -In the email body, write = "subscribe=20 canslim" or -"unsubscribe canslim". Do not use quotes in = your=20 email.
Jan 17 = 2002
11:21 AM		 In = Play McAfee.com (MCAF) 24.85 = -7.44 (-23%):=20 Robertson Stephens is raising several issues following = MCAF's=20 earnings report last night; believes that the quality of revenue = has=20 eroded a bit following co's change in license revenue structure; = notes=20 that in Q4 subscribers grew by only 125K vs 200K sub adds in Q3. = While=20 firm remains confident that 2002 numbers are beatable, thinks stk = remains=20 expensive, and would not be constructive on the name until a move = to $20=20 or below.
Jan 16 = 2002
5:26 PM		 In Play McAfee.com (MCAF) 32.29 -4.11: -- Update -- During = its=20 conference call, the co guides higher Q1 rev/EPS to = $19.1=20 mln/$0.06 (consensus is $18.95 mln/$0.05); FY02 projections = are revs=20 of $80-$90 mln, 69-72% gross mgn, and EPS should be in the range = of=20 $0.25-$0.28 (in the mid-point of rev consensus of $85.82 mln, and = better than EPS consensus of=20 $0.22).
Jan 16 = 2002
4:43 PM		 In = Play McAfee.com (MCAF) 32.29 = -4.11: Reports=20 Q4 (Dec) earnings of $0.09, four cents better than the Multex = consensus of=20 $0.05; revenues were $18.6 mln vs the consensus of $17.8=20 mln.
------=_NextPart_000_00F3_01C19F42.26B15BA0-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: AW: [CANSLIM] You've Been Sent An Article From The Onion Date: 17 Jan 2002 17:38:01 +0100 Because MCAFs price PE level is ballistic ... CHKP has still nice fundamentals, but rolling over as well ... That happens, but only in 1 out of 4 cases, I would say (see BPRX as another good example like a individual stock can go against a whole IG) > -----Ursprungliche Nachricht----- > Von: Tom Worley [SMTP:stkguru@netside.net] > Gesendet am: Thursday, January 17, 2002 5:01 PM > An: canslim@lists.xmission.com > Betreff: Re: [CANSLIM] You've Been Sent An Article From The Onion > > The Onion | InfographicI will be interested in your conclusions how two stocks in the same group can head in the opposite direction on the same day, and big time, and on volume. > > Tom Worley > stkguru@netside.net > AIM: TexWorley > ----- Original Message ----- > From: Katherine Malm > To: canslim@lists.xmission.com > Sent: Thursday, January 17, 2002 11:00 AM > Subject: Re: [CANSLIM] You've Been Sent An Article From The Onion > > > LOL LOL LOL LOL!!!!!! > > I needed that this morning! I'm sitting here watching my MCAF plunge into the depths of hell....Doing a post analysis and noting all the red flags I saw and IGNORED over the last couple of weeks. Rewriting my sell rules a bit so that it says 3 red flags = sell. Duh. Watching the last 51% of gains disappear into cyberspace at the same time SYMC is sucking all my dollars away. See me hitting my head on the desk?(next to my iMac, BTW)...thump thump thump. Journal note: practice what you preach, practice what you preach, practice what you preach, practice..... > > Katherine > ----- Original Message ----- > From: stkguru@netside.net > To: canslim@lists.xmission.com > Sent: Thursday, January 17, 2002 9:52 AM > Subject: [CANSLIM] You've Been Sent An Article From The Onion > > > Tom Worley at stkguru@netside.net has sent you an article from The Onion, America's Finest News Source. > > Tom Worley included the following message: > With all the hype of new technology, I got a chuckle out of this one. > > > > > Infographic > > > Click here to download a printable version of this chart in Adobe Acrobat PDF format. > If you do not already have a copy of the Adobe Acrobat Reader, you can download a free copy of the Adobe Acrobat Reader from Adobe's home-page. > > > > > You can also see this article online: > http://www.theonion.com/onion3801/infograph_3801.html > > The Onion? is not intended for readers under 18 years of age. > - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. > > << Datei: ATT00008.htm >> - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Gene Ricci Subject: Re: [CANSLIM] You've Been Sent An Article From The Onion Date: 17 Jan 2002 10:35:14 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_05C4_01C19F42.A6286E50 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable The Onion | InfographicCould be as simple as customer perception.... = Semantec taking market share away from McAfee because of their = competitive advantage.... I made the switch to Semantec about a year ago = because of their prowess with Norton's antivirus software and Ghost. ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Thursday, January 17, 2002 10:08 AM Subject: Re: [CANSLIM] You've Been Sent An Article From The Onion thanks. BTW, I am trying out this concept of "vacation" for the rest of the = month, so should be present during the day a little more. Still gotta = get the hang of the concept, already did about an hour or so of office = work.=20 Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Thursday, January 17, 2002 11:13 AM Subject: Re: [CANSLIM] You've Been Sent An Article From The Onion I'll do a post analysis...can't figure out why SYMC and MCAF can run = completely opposite...makes no sense...yet. Just another example of why = you need to let the technicals speak for exit. I'll post the technical = warnings...later we'll figure out the anomaly. Katherine ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Thursday, January 17, 2002 10:00 AM Subject: Re: [CANSLIM] You've Been Sent An Article From The Onion I will be interested in your conclusions how two stocks in the = same group can head in the opposite direction on the same day, and big = time, and on volume. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Thursday, January 17, 2002 11:00 AM Subject: Re: [CANSLIM] You've Been Sent An Article From The = Onion LOL LOL LOL LOL!!!!!! I needed that this morning! I'm sitting here watching my MCAF = plunge into the depths of hell....Doing a post analysis and noting all = the red flags I saw and IGNORED over the last couple of weeks. Rewriting = my sell rules a bit so that it says 3 red flags =3D sell. Duh. Watching = the last 51% of gains disappear into cyberspace at the same time SYMC is = sucking all my dollars away. See me hitting my head on the desk?(next to = my iMac, BTW)...thump thump thump. Journal note: practice what you = preach, practice what you preach, practice what you preach, = practice..... Katherine ----- Original Message -----=20 From: stkguru@netside.net=20 To: canslim@lists.xmission.com=20 Sent: Thursday, January 17, 2002 9:52 AM Subject: [CANSLIM] You've Been Sent An Article From The Onion Tom Worley at stkguru@netside.net has sent you an = article from The Onion, America's Finest News Source. =20 Tom Worley included the following message: With all the hype of new technology, I got a chuckle out = of this one. =20 =20 Infographic =20 =20 =20 Click here to download a printable version = of this chart in Adobe Acrobat PDF format.=20 If you do not already have a copy of the = Adobe Acrobat Reader, you can download a free copy of the Adobe Acrobat = Reader from Adobe's home-page. =20 =20 You can also see this article online: http://www.theonion.com/onion3801/infograph_3801.html The Onion=AE is not intended for readers under 18 years = of age. - -To subscribe/unsubscribe, email = "majordomo@xmission.com" -In the email body, write "subscribe canslim" = or -"unsubscribe canslim". Do not use quotes in your email.=20 =20 ------=_NextPart_000_05C4_01C19F42.A6286E50 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable The Onion | Infographic
Could be as simple as customer = perception....=20 Semantec taking market share away from McAfee because of their = competitive=20 advantage.... I made the switch to Semantec about a year ago = because of=20 their prowess with Norton's antivirus software and Ghost.
 
 
----- Original Message -----
From:=20 Tom = Worley=20
Sent: Thursday, January 17, = 2002 10:08=20 AM
Subject: Re: [CANSLIM] You've = Been Sent=20 An Article From The Onion

thanks.
 
BTW, I am trying out this concept of = "vacation" for the=20 rest of the month, so should be present during the day a little more. = Still=20 gotta get the hang of the concept, already did about an hour or so of = office=20 work.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Katherine=20 Malm
Sent: Thursday, January 17, = 2002 11:13=20 AM
Subject: Re: [CANSLIM] You've = Been Sent=20 An Article From The Onion

I'll do a post analysis...can't figure out why SYMC and MCAF = can run=20 completely opposite...makes no sense...yet. Just another example of = why you=20 need to let the technicals speak for exit. I'll post the technical=20 warnings...later we'll figure out the anomaly.
 
Katherine
----- Original Message ----- =
From:=20 Tom=20 Worley
To: canslim@lists.xmission.com= =20
Sent: Thursday, January 17, = 2002=20 10:00 AM
Subject: Re: [CANSLIM] = You've Been=20 Sent An Article From The Onion

I will be interested in your conclusions = how two=20 stocks in the same group can head in the opposite direction on the = same=20 day, and big time, and on volume.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message ----- =
From:=20 Katherine=20 Malm
To: canslim@lists.xmission.com= =20
Sent: Thursday, January = 17, 2002=20 11:00 AM
Subject: Re: [CANSLIM] = You've Been=20 Sent An Article From The Onion

LOL LOL LOL LOL!!!!!!
 
I needed that this morning! I'm sitting here watching my = MCAF=20 plunge into the depths of hell....Doing a post analysis and = noting all=20 the red flags I saw and IGNORED over the last couple of weeks. = Rewriting=20 my sell rules a bit so that it says 3 red flags =3D sell. Duh. = Watching=20 the last 51% of gains disappear into cyberspace at the same time = SYMC is=20 sucking all my dollars away. See me hitting my head on the = desk?(next to=20 my iMac, BTW)...thump thump thump. Journal note: practice what = you=20 preach, practice what you preach, practice what you preach,=20 practice.....
 
Katherine
----- Original Message ----- =
From:=20 stkguru@netside.net =
To: canslim@lists.xmission.com= =20
Sent: Thursday, January = 17, 2002=20 9:52 AM
Subject: [CANSLIM] = You've Been=20 Sent An Article From The Onion

Tom Worley at stkguru@netside.net has=20 sent you an article from The Onion, America's Finest = News=20 Source.

Tom Worley included the = following=20 message:
With all the hype of new technology, I got a = chuckle=20 out of this one.


=
------=_NextPart_000_05C4_01C19F42.A6286E50-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: [CANSLIM] UTSI, ROOM, TTIL still interesting (as soon the market gives again green signals ...) Date: 17 Jan 2002 17:42:48 +0100 - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Bill Triffet" Subject: [CANSLIM] NMTC down grade. Date: 17 Jan 2002 08:59:42 -0800 Amazing what a downgrade will do for a stock! I had been following this one since its Dec. gap up looking for an entry. On a side note (just a strange observation): If you lay the 1 year charts of NMTC and DYII together (I used Clearstation) they run parallel. Hmmm. -Bill - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] MCAF Date: 17 Jan 2002 11:40:54 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_0085_01C19F4B.D2791A00 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi Katherine, I took a quick look around, as I was curious about this anomaly. Several = items I noted: MCAF notes their tax rate in 2002 expected to jump to 38% from 28%, = keeping them from guiding earnings guidance even higher. They are the antivirus of choice for MSN's Hotmail. Wish they would also = be an antispam for that source. And with Hotmail being free, wonder just = how much revenues they are taking in from MS for this. They indicate they are bundled with Windows XP, but my new computer = (with WIN XP) came with Norton from=20 Symantec. Both beat expectations by a wide margin, but actual results, fundies, = and forward looking statements look stronger for SYMC. Sell on news, MCAF results older than SYMC. I see little "dumb" about still owning MCAF in light of the past few = months, especially if you bought it cheap. Maybe I might have cut my = position some in the past few days, but if I had been smart enough to = buy it in late Sept or early Oct, likely I would still now have a = position. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Thursday, January 17, 2002 11:31 AM Subject: [CANSLIM] MCAF Oh...here's the explanation for the SYMC vs. MCAF anomaly.... Will post a technical post analysis later. I should just call this DYII, FIC revisited... Katherine Jan 17 2002 11:21 AM In Play McAfee.com (MCAF) 24.85 -7.44 (-23%): Robertson = Stephens is raising several issues following MCAF's earnings report last = night; believes that the quality of revenue has eroded a bit following = co's change in license revenue structure; notes that in Q4 subscribers = grew by only 125K vs 200K sub adds in Q3. While firm remains confident = that 2002 numbers are beatable, thinks stk remains expensive, and would = not be constructive on the name until a move to $20 or below.=20 Jan 16 2002 5:26 PM In Play McAfee.com (MCAF) 32.29 -4.11: -- Update -- = During its conference call, the co guides higher Q1 rev/EPS to $19.1 = mln/$0.06 (consensus is $18.95 mln/$0.05); FY02 projections are revs of = $80-$90 mln, 69-72% gross mgn, and EPS should be in the range of = $0.25-$0.28 (in the mid-point of rev consensus of $85.82 mln, and better = than EPS consensus of $0.22).=20 Jan 16 2002 4:43 PM In Play McAfee.com (MCAF) 32.29 -4.11: Reports Q4 (Dec) = earnings of $0.09, four cents better than the Multex consensus of $0.05; = revenues were $18.6 mln vs the consensus of $17.8 mln.=20 ------=_NextPart_000_0085_01C19F4B.D2791A00 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Hi Katherine,
 
I took a quick look around, as I was curious = about this=20 anomaly. Several items I noted:
 
MCAF notes their tax rate in 2002 expected to = jump to 38%=20 from 28%, keeping them from guiding earnings guidance even = higher.
 
They are the antivirus of choice for MSN's = Hotmail. Wish=20 they would also be an antispam for that source. And with Hotmail being = free,=20 wonder just how much revenues they are taking in from MS for = this.
 
They indicate they are bundled with Windows XP, = but my new=20 computer (with WIN XP) came with Norton from
Symantec.
 
Both beat expectations by a wide margin, but = actual=20 results, fundies, and forward looking statements look stronger for=20 SYMC.
 
Sell on news, MCAF results older than = SYMC.
 
I see little "dumb" about still owning MCAF in = light of=20 the past few months, especially if you bought it cheap. Maybe I might = have cut=20 my position some in the past few days, but if I had been smart enough to = buy it=20 in late Sept or early Oct, likely I would still now have a=20 position.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Katherine=20 Malm
Sent: Thursday, January 17, = 2002 11:31=20 AM
Subject: [CANSLIM] MCAF

Oh...here's the explanation for the SYMC vs. MCAF = anomaly....
 
Will post a technical post analysis later.
 
I should just call this DYII, FIC revisited...
 
Katherine
 
Infographic   =
=
Click here=20 to download a printable version of this = chart in=20 Adobe Acrobat PDF format. If you do not already have a copy = of the=20 Adobe Acrobat Reader, you can download a = free copy=20 of the Adobe Acrobat Reader from Adobe's=20 home-page.

You can also see this article = online:
http://www= .theonion.com/onion3801/infograph_3801.html

The=20 Onion=AE is not intended for readers under 18 years = of=20 age.
- -To subscribe/unsubscribe, email=20 "majordomo@xmission.com" -In the email body, write = "subscribe=20 canslim" or -"unsubscribe canslim". Do not use quotes in = your=20 email.
Jan 17 = 2002
11:21 AM		 In = Play McAfee.com (MCAF) 24.85 = -7.44 (-23%):=20 Robertson Stephens is raising several issues following = MCAF's=20 earnings report last night; believes that the quality of revenue = has=20 eroded a bit following co's change in license revenue structure; = notes=20 that in Q4 subscribers grew by only 125K vs 200K sub adds in Q3. = While=20 firm remains confident that 2002 numbers are beatable, thinks = stk=20 remains expensive, and would not be constructive on the name = until a=20 move to $20 or below.
Jan 16 = 2002
5:26 PM		 In Play McAfee.com (MCAF) 32.29 -4.11: -- Update -- = During its=20 conference call, the co guides higher Q1 = rev/EPS to $19.1=20 mln/$0.06 (consensus is $18.95 mln/$0.05); FY02 projections = are=20 revs of $80-$90 mln, 69-72% gross mgn, and EPS should be in the = range of=20 $0.25-$0.28 (in the mid-point of rev consensus of $85.82 mln, = and better than EPS consensus of=20 $0.22).
Jan 16 = 2002
4:43 PM		 In = Play McAfee.com (MCAF) 32.29 = -4.11:=20 Reports Q4 (Dec) earnings of $0.09, four cents better than the = Multex=20 consensus of $0.05; revenues were $18.6 mln vs the consensus of = $17.8=20 mln.
------=_NextPart_000_0085_01C19F4B.D2791A00-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] ROOM Date: 17 Jan 2002 11:45:06 -0500 Hi Andreas, I would be cautious with ROOM, great sequential sales growth not reflected in sequential earnings growth. Year to year earnings comparisons nice, but against a soft year. And with all that has happened since 9/11, hotels are cutting prices to attract visitors and increase occupancy, and avoid laying off staff or cutting services. So I would expect to see a continued erosion in their gross and net profit margins. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message ----- Sent: Thursday, January 17, 2002 11:34 AM > After this storm is over, Room might have built a nice CWH .... > > - > -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. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: CHKP (was Re: [CANSLIM] You've Been Sent An Article From The Onion) Date: 17 Jan 2002 11:46:34 -0500 Stagnant earnings, falling sales, watch out. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message ----- Sent: Thursday, January 17, 2002 11:38 AM > Because MCAFs price PE level is ballistic ... > CHKP has still nice fundamentals, but rolling over as well ... > > That happens, but only in 1 out of 4 cases, I would say (see BPRX as > another good example like a individual stock can go against a whole IG) > > > -----Ursprungliche Nachricht----- > > Von: Tom Worley [SMTP:stkguru@netside.net] > > Gesendet am: Thursday, January 17, 2002 5:01 PM > > An: canslim@lists.xmission.com > > Betreff: Re: [CANSLIM] You've Been Sent An Article From The Onion > > > > The Onion | InfographicI will be interested in your conclusions how two > stocks in the same group can head in the opposite direction on the same > day, and big time, and on volume. > > > > Tom Worley > > stkguru@netside.net > > AIM: TexWorley > > ----- Original Message ----- > > From: Katherine Malm > > To: canslim@lists.xmission.com > > Sent: Thursday, January 17, 2002 11:00 AM > > Subject: Re: [CANSLIM] You've Been Sent An Article From The Onion > > > > > > LOL LOL LOL LOL!!!!!! > > > > I needed that this morning! I'm sitting here watching my MCAF plunge > into the depths of hell....Doing a post analysis and noting all the red > flags I saw and IGNORED over the last couple of weeks. Rewriting my sell > rules a bit so that it says 3 red flags = sell. Duh. Watching the last 51% > of gains disappear into cyberspace at the same time SYMC is sucking all my > dollars away. See me hitting my head on the desk?(next to my iMac, > BTW)...thump thump thump. Journal note: practice what you preach, practice > what you preach, practice what you preach, practice..... > > > > Katherine > > ----- Original Message ----- > > From: stkguru@netside.net > > To: canslim@lists.xmission.com > > Sent: Thursday, January 17, 2002 9:52 AM > > Subject: [CANSLIM] You've Been Sent An Article From The Onion > > > > > > Tom Worley at stkguru@netside.net has sent you an article from > The Onion, America's Finest News Source. > > > > Tom Worley included the following message: > > With all the hype of new technology, I got a chuckle out of > this one. > > > > > > > > > > Infographic > > > > > > Click here to download a printable version of this > chart in Adobe Acrobat PDF format. > > If you do not already have a copy of the Adobe > Acrobat Reader, you can download a free copy of the Adobe Acrobat Reader > from Adobe's home-page. > > > > > > > > > > You can also see this article online: > > http://www.theonion.com/onion3801/infograph_3801.html > > > > The Onion? is not intended for readers under 18 years of age. > > - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In > the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not > use quotes in your email. > > > > << Datei: ATT00008.htm >> > > - > -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. ------------------------------------------------------------------------------- From: Gyorgy Veszpremi Subject: Re: [CANSLIM] MCAF Date: 17 Jan 2002 11:01:48 -0600 --------------C44170B717810500FE403020 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit If you check the daily chart of MCAF today's action was not a surprise after the last 3 down days on increased volume. Tom Worley wrote: > Hi Katherine, I took a quick look around, as I was curious about this anomaly. > Several items I noted: MCAF notes their tax rate in 2002 expected to jump to > 38% from 28%, keeping them from guiding earnings guidance even higher. They > are the antivirus of choice for MSN's Hotmail. Wish they would also be an > antispam for that source. And with Hotmail being free, wonder just how much > revenues they are taking in from MS for this. They indicate they are bundled > with Windows XP, but my new computer (with WIN XP) came with Norton from > Symantec. Both beat expectations by a wide margin, but actual results, > fundies, and forward looking statements look stronger for SYMC. Sell on news, > MCAF results older than SYMC. I see little "dumb" about still owning MCAF in > light of the past few months, especially if you bought it cheap. Maybe I might > have cut my position some in the past few days, but if I had been smart enough > to buy it in late Sept or early Oct, likely I would still now have a > position. Tom Worley > stkguru@netside.net > AIM: TexWorley > > ----- Original Message ----- > From: Katherine Malm > To: canslim@lists.xmission.com > Sent: Thursday, January 17, 2002 11:31 AM > Subject: [CANSLIM] MCAF > Oh...here's the explanation for the SYMC vs. MCAF anomaly.... Will > post a technical post analysis later. I should just call this DYII, > FIC revisited... Katherine > Jan 17 2002 In Play McAfee.com (MCAF) 24.85 -7.44 (-23%): Robertson Stephens is raising several issues following MCAF's earnings report last night; believes 11:21 AM that the quality of revenue has eroded a bit following co's change in license revenue structure; notes that in Q4 subscribers grew by only 125K vs 200K sub adds in Q3. While firm remains confident that 2002 numbers are beatable, thinks stk remains expensive, and would not be constructive on the name until a move to $20 or below. > Jan 16 2002 In Play McAfee.com (MCAF) 32.29 -4.11: -- Update -- During its conference call, the co guides higher Q1 rev/EPS to $19.1 mln/$0.06 (consensus is $18.95 5:26 PM mln/$0.05); FY02 projections are revs of $80-$90 mln, 69-72% gross mgn, and EPS should be in the range of $0.25-$0.28 (in the mid-point of rev consensus of $85.82 mln, and better than EPS consensus of $0.22). > Jan 16 2002 In Play McAfee.com (MCAF) 32.29 -4.11: Reports Q4 (Dec) earnings of $0.09, four cents better than the Multex consensus of $0.05; revenues were $18.6 4:43 PM mln vs the consensus of $17.8 mln. > --------------C44170B717810500FE403020 Content-Type: text/html; charset=us-ascii Content-Transfer-Encoding: 7bit If you check the daily chart of MCAF today's action was not a surprise after the last 3 down days on increased volume.
 

Tom Worley wrote:

Hi Katherine, I took a quick look around, as I was curious about this anomaly. Several items I noted: MCAF notes their tax rate in 2002 expected to jump to 38% from 28%, keeping them from guiding earnings guidance even higher. They are the antivirus of choice for MSN's Hotmail. Wish they would also be an antispam for that source. And with Hotmail being free, wonder just how much revenues they are taking in from MS for this. They indicate they are bundled with Windows XP, but my new computer (with WIN XP) came with Norton from
Symantec. Both beat expectations by a wide margin, but actual results, fundies, and forward looking statements look stronger for SYMC. Sell on news, MCAF results older than SYMC. I see little "dumb" about still owning MCAF in light of the past few months, especially if you bought it cheap. Maybe I might have cut my position some in the past few days, but if I had been smart enough to buy it in late Sept or early Oct, likely I would still now have a position. Tom Worley
stkguru@netside.net
AIM: TexWorley
----- Original Message -----
Sent: Thursday, January 17, 2002 11:31 AM
Subject: [CANSLIM] MCAF
 Oh...here's the explanation for the SYMC vs. MCAF anomaly.... Will post a technical post analysis later. I should just call this DYII, FIC revisited... Katherine  
Jan 17 2002
11:21 AM		 In Play McAfee.com (MCAF) 24.85 -7.44 (-23%): Robertson Stephens is raising several issues following MCAF's earnings report last night; believes that the quality of revenue has eroded a bit following co's change in license revenue structure; notes that in Q4 subscribers grew by only 125K vs 200K sub adds in Q3. While firm remains confident that 2002 numbers are beatable, thinks stk remains expensive, and would not be constructive on the name until a move to $20 or below.

Jan 16 2002
5:26 PM		 In Play McAfee.com (MCAF) 32.29 -4.11: -- Update -- During its conference call, the co guides higher Q1 rev/EPS to $19.1 mln/$0.06 (consensus is $18.95 mln/$0.05); FY02 projections are revs of $80-$90 mln, 69-72% gross mgn, and EPS should be in the range of $0.25-$0.28 (in the mid-point of rev consensus of $85.82 mln, and better than EPS consensus of $0.22).

Jan 16 2002
4:43 PM		 In Play McAfee.com (MCAF) 32.29 -4.11: Reports Q4 (Dec) earnings of $0.09, four cents better than the Multex consensus of $0.05; revenues were $18.6 mln vs the consensus of $17.8 mln.
--------------C44170B717810500FE403020-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] MCAF Date: 17 Jan 2002 11:03:36 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_0140_01C19F46.9C993D20 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Understood...all the sell signals were there...just lost focus....more = in the post analysis ----- Original Message -----=20 From: Gyorgy Veszpremi=20 To: canslim@lists.xmission.com=20 Sent: Thursday, January 17, 2002 11:01 AM Subject: Re: [CANSLIM] MCAF If you check the daily chart of MCAF today's action was not a surprise = after the last 3 down days on increased volume.=20 =20 Tom Worley wrote:=20 Hi Katherine, I took a quick look around, as I was curious about = this anomaly. Several items I noted: MCAF notes their tax rate in 2002 = expected to jump to 38% from 28%, keeping them from guiding earnings = guidance even higher. They are the antivirus of choice for MSN's = Hotmail. Wish they would also be an antispam for that source. And with = Hotmail being free, wonder just how much revenues they are taking in = from MS for this. They indicate they are bundled with Windows XP, but my = new computer (with WIN XP) came with Norton from=20 Symantec. Both beat expectations by a wide margin, but actual = results, fundies, and forward looking statements look stronger for SYMC. = Sell on news, MCAF results older than SYMC. I see little "dumb" about = still owning MCAF in light of the past few months, especially if you = bought it cheap. Maybe I might have cut my position some in the past few = days, but if I had been smart enough to buy it in late Sept or early = Oct, likely I would still now have a position. Tom Worley=20 stkguru@netside.net=20 AIM: TexWorley=20 ----- Original Message ----- From: Katherine Malm To: canslim@lists.xmission.com Sent: Thursday, January 17, 2002 11:31 AM Subject: [CANSLIM] MCAF Oh...here's the explanation for the SYMC vs. MCAF anomaly.... = Will post a technical post analysis later. I should just call this DYII, = FIC revisited... Katherine =20 Jan 17 2002=20 11:21 AM In Play McAfee.com (MCAF) 24.85 -7.44 (-23%): = Robertson Stephens is raising several issues following MCAF's earnings = report last night; believes that the quality of revenue has eroded a bit = following co's change in license revenue structure; notes that in Q4 = subscribers grew by only 125K vs 200K sub adds in Q3. While firm remains = confident that 2002 numbers are beatable, thinks stk remains expensive, = and would not be constructive on the name until a move to $20 or below.=20 =20 Jan 16 2002=20 5:26 PM In Play McAfee.com (MCAF) 32.29 -4.11: -- Update -- = During its conference call, the co guides higher Q1 rev/EPS to $19.1 = mln/$0.06 (consensus is $18.95 mln/$0.05); FY02 projections are revs of = $80-$90 mln, 69-72% gross mgn, and EPS should be in the range of = $0.25-$0.28 (in the mid-point of rev consensus of $85.82 mln, and better = than EPS consensus of $0.22).=20 =20 Jan 16 2002=20 4:43 PM In Play McAfee.com (MCAF) 32.29 -4.11: Reports Q4 = (Dec) earnings of $0.09, four cents better than the Multex consensus of = $0.05; revenues were $18.6 mln vs the consensus of $17.8 mln.=20 ------=_NextPart_000_0140_01C19F46.9C993D20 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Understood...all the sell signals were there...just lost = focus....more in=20 the post analysis
----- Original Message -----
From:=20 Gyorgy=20 Veszpremi
Sent: Thursday, January 17, = 2002 11:01=20 AM
Subject: Re: [CANSLIM] = MCAF

If you check the daily chart of MCAF today's action was = not a=20 surprise after the last 3 down days on increased volume.
 =20

Tom Worley wrote:=20

Hi Katherine, I = took a quick=20 look around, as I was curious about this anomaly. Several items I=20 noted: MCAF notes their tax rate in = 2002=20 expected to jump to 38% from 28%, keeping them from guiding earnings = guidance even higher. They are the = antivirus of=20 choice for MSN's Hotmail. Wish they would also be an antispam for = that=20 source. And with Hotmail being free, wonder just how much revenues = they are=20 taking in from MS for this. They = indicate they=20 are bundled with Windows XP, but my new computer (with WIN XP) came = with=20 Norton from
Symantec. Both beat expectations by a wide margin, but actual = results,=20 fundies, and forward looking statements look stronger for=20 SYMC. Sell on news, MCAF results = older than=20 SYMC. I see little "dumb" about still = owning=20 MCAF in light of the past few months, especially if you bought it = cheap.=20 Maybe I might have cut my position some in the past few days, but if = I had=20 been smart enough to buy it in late Sept or early Oct, likely I = would still=20 now have a position. Tom Worley
stkguru@netside.net
AIM: = TexWorley=20
----- Original Message -----
From:=20 Katherine=20 Malm
To: canslim@lists.xmission.com=
Sent: Thursday, January 17, = 2002=20 11:31 AM
Subject: [CANSLIM]=20 MCAF
 Oh...here's the explanation for the SYMC vs. MCAF=20 anomaly.... Will post a technical post analysis later. I = should=20 just call this DYII, FIC revisited... Katherine  =20
Jan 17 2002 =
11:21=20 AM		 In=20 Play McAfee.com (MCAF) = 24.85 -7.44=20 (-23%): Robertson Stephens is raising several issues = following=20 MCAF's earnings report last night; believes that the quality = of=20 revenue has eroded a bit following co's change in license = revenue=20 structure; notes that in Q4 subscribers grew by only 125K vs = 200K=20 sub adds in Q3. While firm remains confident that 2002 = numbers are=20 beatable, thinks stk remains expensive, and would not be=20 constructive on the name until a move to $20 or=20 below.

Jan 16 2002 =
5:26=20 PM		 In=20 Play McAfee.com (MCAF) 32.29 -4.11: -- Update -- = During=20 its conference call, the co guides higher Q1 rev/EPS to = $19.1=20 mln/$0.06 (consensus is $18.95 mln/$0.05); FY02 projections = are revs=20 of $80-$90 mln, 69-72% gross mgn, and EPS should be in the = range of=20 $0.25-$0.28 (in the mid-point of rev consensus of $85.82 = mln, and=20 better than EPS consensus of=20 $0.22).

Jan 16 2002 =
4:43=20 PM		 In=20 Play McAfee.com (MCAF) = 32.29 -4.11:=20 Reports Q4 (Dec) earnings of $0.09, four cents better than = the=20 Multex consensus of $0.05; revenues were $18.6 mln vs the = consensus=20 of $17.8=20 mln.
------=_NextPart_000_0140_01C19F46.9C993D20-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] NMTC down grade. Date: 17 Jan 2002 11:57:58 -0500 But NMTC has 41% funds ownership of half the issue. Good example of the dangers of high funds ownership, and how they all seem to follow the Shepard. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message ----- Sent: Thursday, January 17, 2002 11:59 AM > Amazing what a downgrade will do for a stock! I had been following this one > since its Dec. gap up looking for an entry. > On a side note (just a strange observation): If you lay the 1 year charts of > NMTC and DYII together (I used Clearstation) they run parallel. Hmmm. > > -Bill > > > - > -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. ------------------------------------------------------------------------------- From: Gyorgy Veszpremi Subject: Re: [CANSLIM] MCAF Date: 17 Jan 2002 11:09:11 -0600 --------------063D31B4165C0618E0D5B610 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit Unfortunately, nowadays any every news that is not excellent can decimate a stock. Katherine Malm wrote: > Understood...all the sell signals were there...just lost focus....more in the > post analysis > > ----- Original Message ----- > From: Gyorgy Veszpremi > To: canslim@lists.xmission.com > Sent: Thursday, January 17, 2002 11:01 AM > Subject: Re: [CANSLIM] MCAF > If you check the daily chart of MCAF today's action was not a > surprise after the last 3 down days on increased volume. > > > Tom Worley wrote: > > > Hi Katherine, I took a quick look around, as I was curious about > > this anomaly. Several items I noted: MCAF notes their tax rate in > > 2002 expected to jump to 38% from 28%, keeping them from guiding > > earnings guidance even higher. They are the antivirus of choice > > for MSN's Hotmail. Wish they would also be an antispam for that > > source. And with Hotmail being free, wonder just how much revenues > > they are taking in from MS for this. They indicate they are > > bundled with Windows XP, but my new computer (with WIN XP) came > > with Norton from > > Symantec. Both beat expectations by a wide margin, but actual > > results, fundies, and forward looking statements look stronger for > > SYMC. Sell on news, MCAF results older than SYMC. I see little > > "dumb" about still owning MCAF in light of the past few months, > > especially if you bought it cheap. Maybe I might have cut my > > position some in the past few days, but if I had been smart enough > > to buy it in late Sept or early Oct, likely I would still now have > > a position. Tom Worley > > stkguru@netside.net > > AIM: TexWorley > > > > ----- Original Message ----- > > From: Katherine Malm > > To: canslim@lists.xmission.com > > Sent: Thursday, January 17, 2002 11:31 AM > > Subject: [CANSLIM] MCAF > > Oh...here's the explanation for the SYMC vs. MCAF > > anomaly.... Will post a technical post analysis later. I > > should just call this DYII, FIC revisited... Katherine > > Jan 17 In Play McAfee.com (MCAF) 24.85 -7.44 (-23%): Robertson Stephens is raising 2002 several issues following MCAF's earnings report last night; believes 11:21 AM that the quality of revenue has eroded a bit following co's change in license revenue structure; notes that in Q4 subscribers grew by only 125K vs 200K sub adds in Q3. While firm remains confident that 2002 numbers are beatable, thinks stk remains expensive, and would not be constructive on the name until a move to $20 or below. > > Jan 16 In Play McAfee.com (MCAF) 32.29 -4.11: -- Update -- During its conference call, 2002 the co guides higher Q1 rev/EPS to $19.1 mln/$0.06 (consensus is $18.95 5:26 PM mln/$0.05); FY02 projections are revs of $80-$90 mln, 69-72% gross mgn, and EPS should be in the range of $0.25-$0.28 (in the mid-point of rev consensus of $85.82 mln, and better than EPS consensus of $0.22). > > Jan 16 In Play McAfee.com (MCAF) 32.29 -4.11: Reports Q4 (Dec) earnings of $0.09, four 2002 cents better than the Multex consensus of $0.05; revenues were $18.6 4:43 PM mln vs the consensus of $17.8 mln. > > --------------063D31B4165C0618E0D5B610 Content-Type: text/html; charset=us-ascii Content-Transfer-Encoding: 7bit Unfortunately, nowadays any every news that is not excellent can decimate a stock.

Katherine Malm wrote:

 Understood...all the sell signals were there...just lost focus....more in the post analysis
----- Original Message -----
Sent: Thursday, January 17, 2002 11:01 AM
Subject: Re: [CANSLIM] MCAF
 If you check the daily chart of MCAF today's action was not a surprise after the last 3 down days on increased volume.
 

Tom Worley wrote:

Hi Katherine, I took a quick look around, as I was curious about this anomaly. Several items I noted: MCAF notes their tax rate in 2002 expected to jump to 38% from 28%, keeping them from guiding earnings guidance even higher. They are the antivirus of choice for MSN's Hotmail. Wish they would also be an antispam for that source. And with Hotmail being free, wonder just how much revenues they are taking in from MS for this. They indicate they are bundled with Windows XP, but my new computer (with WIN XP) came with Norton from
Symantec. Both beat expectations by a wide margin, but actual results, fundies, and forward looking statements look stronger for SYMC. Sell on news, MCAF results older than SYMC. I see little "dumb" about still owning MCAF in light of the past few months, especially if you bought it cheap. Maybe I might have cut my position some in the past few days, but if I had been smart enough to buy it in late Sept or early Oct, likely I would still now have a position. Tom Worley
stkguru@netside.net
AIM: TexWorley
----- Original Message -----
Sent: Thursday, January 17, 2002 11:31 AM
Subject: [CANSLIM] MCAF
 Oh...here's the explanation for the SYMC vs. MCAF anomaly.... Will post a technical post analysis later. I should just call this DYII, FIC revisited... Katherine


Jan 17 2002 
11:21 AM		 In Play McAfee.com (MCAF) 24.85 -7.44 (-23%): Robertson Stephens is raising several issues following MCAF's earnings report last night; believes that the quality of revenue has eroded a bit following co's change in license revenue structure; notes that in Q4 subscribers grew by only 125K vs 200K sub adds in Q3. While firm remains confident that 2002 numbers are beatable, thinks stk remains expensive, and would not be constructive on the name until a move to $20 or below.



Jan 16 2002 
5:26 PM		 In Play McAfee.com (MCAF) 32.29 -4.11: -- Update -- During its conference call, the co guides higher Q1 rev/EPS to $19.1 mln/$0.06 (consensus is $18.95 mln/$0.05); FY02 projections are revs of $80-$90 mln, 69-72% gross mgn, and EPS should be in the range of $0.25-$0.28 (in the mid-point of rev consensus of $85.82 mln, and better than EPS consensus of $0.22).



Jan 16 2002 
4:43 PM		 In Play McAfee.com (MCAF) 32.29 -4.11: Reports Q4 (Dec) earnings of $0.09, four cents better than the Multex consensus of $0.05; revenues were $18.6 mln vs the consensus of $17.8 mln.
--------------063D31B4165C0618E0D5B610-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Fanus Subject: Re: [CANSLIM] Nasdaq Future.... INS - Not Canslim Date: 17 Jan 2002 09:10:11 -0800 (PST) I am currently a green card holder, so I guess I am one of the baffoons. It took me 3 years to get a green card and I had to have proof of employment before obtaining a workers visa. After one obtain a green card, you need to wait 5 years before you can become citizen, (if you marry a citizen, you have to wait 3 years), only then can you vote. So on average one can only vote after about 8 years. Don't know where you get the idea that people can vote right away. Furthermore, I am not elegible for welfare and social security. Only citizens are. But I still pay social security tax, which I do not have a problem with. This is a small price to pay to work in a stable country. Keep in mind, the general idea of immigrants working in the US is to fill jobs for which there are a shortage of skilled workers. And yes, there had to be a shortage. Before being able to get my green card, my job had to be advertised in a newspaper and only after there weren't qualifying applications from US citizens were it determined that there is a shortage for that particular skill. I am not sure how you consider filling shortages as hurting the country. You also cannot blame the INS for illegal immigrants working here. The INS had nothing to do with them. That is why they are illegal. I am sorry for going off the topic of the discussion list, but couldn't let this one slip by. Regards - Fanus --- Dan Forant wrote: > Please, let's not compare the immigrants of today > with the past. No > comparison. If you don't believe the INS has hurt > the Nation in general, > that's your right. This was a broad stroke > statement, not just about Miami, > but including Miami. > > DanF > ----- Original Message ----- > From: "Tom Worley" > To: > Sent: Thursday, January 17, 2002 1:23 AM > Subject: Re: [CANSLIM] Nasdaq Future is under water > .... > > > > Dan, having lived in Miami, FL for the past 18 > years, I take exception to > > your statements. > > > > The bulk of the immigrants that have settled here > are Cuban, and they are > > among the most hard working people I have met. > They are family oriented, > and > > welcome with open arms even very distant > relatives, or even friends or > > neighbors of distant relatives. They help find > them a place to live, they > > find them a job, they support them and ease the > transition into a new > > country and culture. > > > > I also believe one of the requirements to gain > resident alien status is > > proof of a job, or other means of support to > ensure welfare will not be an > > issue. > > > > I certainly would not be still living in the city > of Miami after 18 years > if > > I believe it was "ruined". > > > > Where did you get the notion that a recent > immigrant, legal or illegal, > was > > even allowed to vote? Are you forgetting that most > present day citizens of > > the USA were once an immigrant, or are descended > from an immigrant? Not a > > bad thing, I believe this cultural blend is what > has made this country so > > great, and made it value freedom so much. > > > > I would also note that typically only a very small > percentage of the > > citizens of the United States even bother to vote. > Guess the ones that > don't > > bother are baffoons as well? > > > > Tom Worley > > stkguru@netside.net > > AIM: TexWorley > > ----- Original Message ----- > > From: "Dan Forant" > > To: > > Sent: Wednesday, January 16, 2002 7:17 PM > > Subject: Re: [CANSLIM] Nasdaq Future is under > water .... > > > > > > > Fanus, > > > > > > It is a well known fact the last Administration > let in a bunch of > baffoons > > > mainly so they would enroll Democrat and vote. > Un-controlled borders > etc. > > > Carter did the same thing and ruined Miami Fla. > Most of these enrolled > > > immediately for welfare of sorts. Couldn't or > can't speak the language > let > > > alone have a trade of any sort. That doesn't > include the illegal ones > > > including those from the troubled Middle East. > > > > > > DanF > > > ----- Original Message ----- > > > From: "Fanus" > > > To: > > > Sent: Wednesday, January 16, 2002 4:28 PM > > > Subject: Re: [CANSLIM] Nasdaq Future is under > water .... > > > > > > > > > > Dan > > > > > > > > Please clarify your statement "The INS has > screwed up > > > > the makeup of our Country..." > > > > > > > > - Fanus > > > > > > > > --- Dan Forant wrote: > > > > > Glug,glug,glug, under water is right. Enron > may have > > > > > put the final nail in > > > > > the coffin for awhile. This combined with > future > > > > > bleak earnings spell > > > > > trouble ahead. Kmart bumbling along with > other bad > > > > > news such as the SEC's > > > > > inability to keep track of GIANTS have given > > > > > investors a bad taste. Congress > > > > > will bloat and gloat for months over Enron > and I > > > > > believe very little will be > > > > > done about it legally. Congress is part of > the > > > > > problem. Campaign $$$. The > > > > > INS has screwed up the makeup of our > Country, the > > > > > Government (SEC) may now > > > > > have set back our financial markets for > quite > > > > > awhile.. That's why a large > > > > > brokerage house recently said to be only 50% > > > > > invested. But then again > > > > > ........of course they would. > > > > > > > > > > DanF > > > > > > > > > > ----- Original Message ----- > > > > > From: "Andreas Himmelreich" > > > > > > To: > > > > > Sent: Wednesday, January 16, 2002 7:42 AM > > > > > Subject: [CANSLIM] Nasdaq Future is under > water .... > > > > > > > > > > > > > > > > Nasdaq Future is under water .... > > > > > > > > > > > > - > > > > > > -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!? > > > > Send FREE video emails in Yahoo! Mail! > > > > http://promo.yahoo.com/videomail/ > > > > > > > > - > > > > -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 > === message truncated === __________________________________________________ Do You Yahoo!? Send FREE video emails in Yahoo! Mail! http://promo.yahoo.com/videomail/ - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Gyorgy Veszpremi Subject: Re: [CANSLIM] NMTC down grade. Date: 17 Jan 2002 11:11:57 -0600 NMTC also showed major distribution over the last 5 days (that should have been enough time to get out. At least I think so. It is very important to read the chart. Tom Worley wrote: > But NMTC has 41% funds ownership of half the issue. Good example of the > dangers of high funds ownership, and how they all seem to follow the > Shepard. > > Tom Worley > stkguru@netside.net > AIM: TexWorley > ----- Original Message ----- > From: "Bill Triffet" > To: "canslim" > Sent: Thursday, January 17, 2002 11:59 AM > Subject: [CANSLIM] NMTC down grade. > > > Amazing what a downgrade will do for a stock! I had been following this > one > > since its Dec. gap up looking for an entry. > > On a side note (just a strange observation): If you lay the 1 year charts > of > > NMTC and DYII together (I used Clearstation) they run parallel. Hmmm. > > > > -Bill > > > > > > - > > -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. ------------------------------------------------------------------------------- From: Gyorgy Veszpremi Subject: Re: [CANSLIM] Nasdaq Future.... INS - Not Canslim Date: 17 Jan 2002 11:16:31 -0600 I totally agree with you on this. Fanus wrote: > I am currently a green card holder, so I guess I am > one of the baffoons. It took me 3 years to get a > green card and I had to have proof of employment > before obtaining a workers visa. After one obtain a > green card, you need to wait 5 years before you can > become citizen, (if you marry a citizen, you have to > wait 3 years), only then can you vote. So on average > one can only vote after about 8 years. Don't know > where you get the idea that people can vote right > away. Furthermore, I am not elegible for welfare and > social security. Only citizens are. But I still pay > social security tax, which I do not have a problem > with. This is a small price to pay to work in a stable > country. > > Keep in mind, the general idea of immigrants working > in the US is to fill jobs for which there are a > shortage of skilled workers. And yes, there had to be > a shortage. Before being able to get my green card, > my job had to be advertised in a newspaper and only > after there weren't qualifying applications from US > citizens were it determined that there is a shortage > for that particular skill. I am not sure how you > consider filling shortages as hurting the country. > You also cannot blame the INS for illegal immigrants > working here. The INS had nothing to do with them. > That is why they are illegal. > > I am sorry for going off the topic of the discussion > list, but couldn't let this one slip by. > > Regards > - Fanus > > --- Dan Forant wrote: > > Please, let's not compare the immigrants of today > > with the past. No > > comparison. If you don't believe the INS has hurt > > the Nation in general, > > that's your right. This was a broad stroke > > statement, not just about Miami, > > but including Miami. > > > > DanF > > ----- Original Message ----- > > From: "Tom Worley" > > To: > > Sent: Thursday, January 17, 2002 1:23 AM > > Subject: Re: [CANSLIM] Nasdaq Future is under water > > .... > > > > > > > Dan, having lived in Miami, FL for the past 18 > > years, I take exception to > > > your statements. > > > > > > The bulk of the immigrants that have settled here > > are Cuban, and they are > > > among the most hard working people I have met. > > They are family oriented, > > and > > > welcome with open arms even very distant > > relatives, or even friends or > > > neighbors of distant relatives. They help find > > them a place to live, they > > > find them a job, they support them and ease the > > transition into a new > > > country and culture. > > > > > > I also believe one of the requirements to gain > > resident alien status is > > > proof of a job, or other means of support to > > ensure welfare will not be an > > > issue. > > > > > > I certainly would not be still living in the city > > of Miami after 18 years > > if > > > I believe it was "ruined". > > > > > > Where did you get the notion that a recent > > immigrant, legal or illegal, > > was > > > even allowed to vote? Are you forgetting that most > > present day citizens of > > > the USA were once an immigrant, or are descended > > from an immigrant? Not a > > > bad thing, I believe this cultural blend is what > > has made this country so > > > great, and made it value freedom so much. > > > > > > I would also note that typically only a very small > > percentage of the > > > citizens of the United States even bother to vote. > > Guess the ones that > > don't > > > bother are baffoons as well? > > > > > > Tom Worley > > > stkguru@netside.net > > > AIM: TexWorley > > > ----- Original Message ----- > > > From: "Dan Forant" > > > To: > > > Sent: Wednesday, January 16, 2002 7:17 PM > > > Subject: Re: [CANSLIM] Nasdaq Future is under > > water .... > > > > > > > > > > Fanus, > > > > > > > > It is a well known fact the last Administration > > let in a bunch of > > baffoons > > > > mainly so they would enroll Democrat and vote. > > Un-controlled borders > > etc. > > > > Carter did the same thing and ruined Miami Fla. > > Most of these enrolled > > > > immediately for welfare of sorts. Couldn't or > > can't speak the language > > let > > > > alone have a trade of any sort. That doesn't > > include the illegal ones > > > > including those from the troubled Middle East. > > > > > > > > DanF > > > > ----- Original Message ----- > > > > From: "Fanus" > > > > To: > > > > Sent: Wednesday, January 16, 2002 4:28 PM > > > > Subject: Re: [CANSLIM] Nasdaq Future is under > > water .... > > > > > > > > > > > > > Dan > > > > > > > > > > Please clarify your statement "The INS has > > screwed up > > > > > the makeup of our Country..." > > > > > > > > > > - Fanus > > > > > > > > > > --- Dan Forant wrote: > > > > > > Glug,glug,glug, under water is right. Enron > > may have > > > > > > put the final nail in > > > > > > the coffin for awhile. This combined with > > future > > > > > > bleak earnings spell > > > > > > trouble ahead. Kmart bumbling along with > > other bad > > > > > > news such as the SEC's > > > > > > inability to keep track of GIANTS have given > > > > > > investors a bad taste. Congress > > > > > > will bloat and gloat for months over Enron > > and I > > > > > > believe very little will be > > > > > > done about it legally. Congress is part of > > the > > > > > > problem. Campaign $$$. The > > > > > > INS has screwed up the makeup of our > > Country, the > > > > > > Government (SEC) may now > > > > > > have set back our financial markets for > > quite > > > > > > awhile.. That's why a large > > > > > > brokerage house recently said to be only 50% > > > > > > invested. But then again > > > > > > ........of course they would. > > > > > > > > > > > > DanF > > > > > > > > > > > > ----- Original Message ----- > > > > > > From: "Andreas Himmelreich" > > > > > > > > To: > > > > > > Sent: Wednesday, January 16, 2002 7:42 AM > > > > > > Subject: [CANSLIM] Nasdaq Future is under > > water .... > > > > > > > > > > > > > > > > > > > Nasdaq Future is under water .... > > > > > > > > > > > > > > - > > > > > > > -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!? > > > > > Send FREE video emails in Yahoo! Mail! > > > > > http://promo.yahoo.com/videomail/ > > > > > > > > > > - > > > > > -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 > > > === message truncated === > > __________________________________________________ > Do You Yahoo!? > Send FREE video emails in Yahoo! Mail! > http://promo.yahoo.com/videomail/ > > - > -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. ------------------------------------------------------------------------------- From: "david frank" Subject: Re: [CANSLIM] You've Been Sent An Article From The Onion Date: 17 Jan 2002 10:48:15 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_0057_01C19F44.77C97B10 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable The Onion | Infographickatherine, what do you mean by 3 red flags? by = the way, did you all receive my posting-yesterday-about cutting one's = loses? my email server-Charter-was down yesterday. my posting probably = wasn't that important anyway. thank you, david ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Thursday, January 17, 2002 10:00 AM Subject: Re: [CANSLIM] You've Been Sent An Article From The Onion LOL LOL LOL LOL!!!!!! I needed that this morning! I'm sitting here watching my MCAF plunge = into the depths of hell....Doing a post analysis and noting all the red = flags I saw and IGNORED over the last couple of weeks. Rewriting my sell = rules a bit so that it says 3 red flags =3D sell. Duh. Watching the last = 51% of gains disappear into cyberspace at the same time SYMC is sucking = all my dollars away. See me hitting my head on the desk?(next to my = iMac, BTW)...thump thump thump. Journal note: practice what you preach, = practice what you preach, practice what you preach, practice..... Katherine ----- Original Message -----=20 From: stkguru@netside.net=20 To: canslim@lists.xmission.com=20 Sent: Thursday, January 17, 2002 9:52 AM Subject: [CANSLIM] You've Been Sent An Article From The Onion Tom Worley at stkguru@netside.net has sent you an article from = The Onion, America's Finest News Source. =20 Tom Worley included the following message: With all the hype of new technology, I got a chuckle out of = this one. =20 =20 Infographic =20 =20 =20 Click here to download a printable version of this = chart in Adobe Acrobat PDF format.=20 If you do not already have a copy of the Adobe = Acrobat Reader, you can download a free copy of the Adobe Acrobat Reader = from Adobe's home-page. =20 =20 You can also see this article online: http://www.theonion.com/onion3801/infograph_3801.html The Onion=AE is not intended for readers under 18 years of = age. - -To subscribe/unsubscribe, email "majordomo@xmission.com" = -In the email body, write "subscribe canslim" or -"unsubscribe canslim". = Do not use quotes in your email.=20 =20 ------=_NextPart_000_0057_01C19F44.77C97B10 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable The Onion | Infographic
katherine, what do you mean by 3 red = flags? by the=20 way, did you all receive my posting-yesterday-about cutting one's loses? = my=20 email server-Charter-was down yesterday. my posting probably wasn't that = important anyway. thank you, david
----- Original Message -----
From:=20 Katherine=20 Malm
Sent: Thursday, January 17, = 2002 10:00=20 AM
Subject: Re: [CANSLIM] You've = Been Sent=20 An Article From The Onion

LOL LOL LOL LOL!!!!!!
 
I needed that this morning! I'm sitting here watching my MCAF = plunge into=20 the depths of hell....Doing a post analysis and noting all the red = flags I saw=20 and IGNORED over the last couple of weeks. Rewriting my sell rules a = bit so=20 that it says 3 red flags =3D sell. Duh. Watching the last 51% of gains = disappear=20 into cyberspace at the same time SYMC is sucking all my dollars away. = See me=20 hitting my head on the desk?(next to my iMac, BTW)...thump thump = thump.=20 Journal note: practice what you preach, practice what you preach, = practice=20 what you preach, practice.....
 
Katherine
----- Original Message -----
From:=20 stkguru@netside.net
Sent: Thursday, January 17, = 2002 9:52=20 AM
Subject: [CANSLIM] You've = Been Sent An=20 Article From The Onion

Tom=20 Worley at stkguru@netside.net=20 has sent you an article from The Onion, America's Finest News=20 Source.

Tom Worley included the following message:
With = all the hype=20 of new technology, I got a chuckle out of this one.=20


------=_NextPart_000_0057_01C19F44.77C97B10-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Gene Ricci Subject: [CANSLIM] .... INS - Not Canslim Date: 17 Jan 2002 11:23:24 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_067C_01C19F49.60D95790 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Fanus, first off, you're not a buffoon! Nor was my father, mother and = wife. They all came here through the immigration process. Rather than = feel you have to defend your right for being here... just consider the = source and move on.=20 As a side note, thanks for the ongoing help that you provide to me (and = others) writing formulas for QuotesPlus. Know that you are welcome here in the U.S. ..... very welcome! Gene ----- Original Message -----=20 From: Fanus=20 To: canslim@lists.xmission.com=20 Sent: Thursday, January 17, 2002 11:10 AM Subject: Re: [CANSLIM] Nasdaq Future.... INS - Not Canslim I am currently a green card holder, so I guess I am one of the baffoons. It took me 3 years to get a green card and I had to have proof of employment before obtaining a workers visa. After one obtain a green card, you need to wait 5 years before you can become citizen, (if you marry a citizen, you have to wait 3 years), only then can you vote. So on average one can only vote after about 8 years. Don't know where you get the idea that people can vote right away. Furthermore, I am not elegible for welfare and social security. Only citizens are. But I still pay social security tax, which I do not have a problem with. This is a small price to pay to work in a stable country.=20 Keep in mind, the general idea of immigrants working in the US is to fill jobs for which there are a shortage of skilled workers. And yes, there had to be a shortage. Before being able to get my green card, my job had to be advertised in a newspaper and only after there weren't qualifying applications from US citizens were it determined that there is a shortage for that particular skill. I am not sure how you consider filling shortages as hurting the country.=20 You also cannot blame the INS for illegal immigrants working here. The INS had nothing to do with them. That is why they are illegal. I am sorry for going off the topic of the discussion list, but couldn't let this one slip by. Regards - Fanus --- Dan Forant wrote: > Please, let's not compare the immigrants of today > with the past. No > comparison. If you don't believe the INS has hurt > the Nation in general, > that's your right. This was a broad stroke > statement, not just about Miami, > but including Miami. >=20 > DanF > ----- Original Message ----- > From: "Tom Worley" > To: > Sent: Thursday, January 17, 2002 1:23 AM > Subject: Re: [CANSLIM] Nasdaq Future is under water > .... >=20 >=20 > > Dan, having lived in Miami, FL for the past 18 > years, I take exception to > > your statements. > > > > The bulk of the immigrants that have settled here > are Cuban, and they are > > among the most hard working people I have met. > They are family oriented, > and > > welcome with open arms even very distant > relatives, or even friends or > > neighbors of distant relatives. They help find > them a place to live, they > > find them a job, they support them and ease the > transition into a new > > country and culture. > > > > I also believe one of the requirements to gain > resident alien status is > > proof of a job, or other means of support to > ensure welfare will not be an > > issue. > > > > I certainly would not be still living in the city > of Miami after 18 years > if > > I believe it was "ruined". > > > > Where did you get the notion that a recent > immigrant, legal or illegal, > was > > even allowed to vote? Are you forgetting that most > present day citizens of > > the USA were once an immigrant, or are descended > from an immigrant? Not a > > bad thing, I believe this cultural blend is what > has made this country so > > great, and made it value freedom so much. > > > > I would also note that typically only a very small > percentage of the > > citizens of the United States even bother to vote. > Guess the ones that > don't > > bother are baffoons as well? > > > > Tom Worley > > stkguru@netside.net > > AIM: TexWorley > > ----- Original Message ----- > > From: "Dan Forant" > > To: > > Sent: Wednesday, January 16, 2002 7:17 PM > > Subject: Re: [CANSLIM] Nasdaq Future is under > water .... > > > > > > > Fanus, > > > > > > It is a well known fact the last Administration > let in a bunch of > baffoons > > > mainly so they would enroll Democrat and vote. > Un-controlled borders > etc. > > > Carter did the same thing and ruined Miami Fla. > Most of these enrolled > > > immediately for welfare of sorts. Couldn't or > can't speak the language > let > > > alone have a trade of any sort. That doesn't > include the illegal ones > > > including those from the troubled Middle East. > > > > > > DanF > > > ----- Original Message ----- > > > From: "Fanus" > > > To: > > > Sent: Wednesday, January 16, 2002 4:28 PM > > > Subject: Re: [CANSLIM] Nasdaq Future is under > water .... > > > > > > > > > > Dan > > > > > > > > Please clarify your statement "The INS has > screwed up > > > > the makeup of our Country..." > > > > > > > > - Fanus > > > > > > > > --- Dan Forant wrote: > > > > > Glug,glug,glug, under water is right. Enron > may have > > > > > put the final nail in > > > > > the coffin for awhile. This combined with > future > > > > > bleak earnings spell > > > > > trouble ahead. Kmart bumbling along with > other bad > > > > > news such as the SEC's > > > > > inability to keep track of GIANTS have given > > > > > investors a bad taste. Congress > > > > > will bloat and gloat for months over Enron > and I > > > > > believe very little will be > > > > > done about it legally. Congress is part of > the > > > > > problem. Campaign $$$. The > > > > > INS has screwed up the makeup of our > Country, the > > > > > Government (SEC) may now > > > > > have set back our financial markets for > quite > > > > > awhile.. That's why a large > > > > > brokerage house recently said to be only 50% > > > > > invested. But then again > > > > > ........of course they would. > > > > > > > > > > DanF > > > > > > > > > > ----- Original Message ----- > > > > > From: "Andreas Himmelreich" > > > > > > To: > > > > > Sent: Wednesday, January 16, 2002 7:42 AM > > > > > Subject: [CANSLIM] Nasdaq Future is under > water .... > > > > > > > > > > > > > > > > Nasdaq Future is under water .... > > > > > > > > > > > > - > > > > > > -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!? > > > > Send FREE video emails in Yahoo! Mail! > > > > http://promo.yahoo.com/videomail/ > > > > > > > > - > > > > -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 >=20 =3D=3D=3D message truncated =3D=3D=3D __________________________________________________ Do You Yahoo!? Send FREE video emails in Yahoo! Mail! http://promo.yahoo.com/videomail/ - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------=_NextPart_000_067C_01C19F49.60D95790 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Fanus, first off, you're not a = buffoon! Nor was=20 my father, mother and wife. They all came here through the immigration = process.=20 Rather than feel you have to defend your right for being here... just = consider=20 the source and move on.
 
As a side note, thanks for the ongoing = help that=20 you provide to me (and others) writing formulas for = QuotesPlus.
 
Know that you are welcome here in the = U.S. =20 ..... very welcome!
Gene
 
----- Original Message -----
From:=20 Fanus
Sent: Thursday, January 17, = 2002 11:10=20 AM
Subject: Re: [CANSLIM] Nasdaq = Future....=20 INS - Not Canslim

I am currently a green card holder, so I guess I = am
one of=20 the baffoons.  It took me 3 years to get a
green card and I = had to=20 have proof of employment
before obtaining a workers visa.  = After one=20 obtain a
green card, you need to wait 5 years before you = can
become=20 citizen, (if you marry a citizen, you have to
wait 3 years), only = then can=20 you vote.  So on average
one can only vote after about 8 = years. Don't=20 know
where you get the idea that people can vote = right
away. =20 Furthermore, I am not elegible for welfare and
social = security.  Only=20 citizens are. But I still pay
social security tax, which I do not = have a=20 problem
with. This is a small price to pay to work in a = stable
country.=20

Keep in mind, the general idea of immigrants working
in the = US is=20 to fill jobs for which there are a
shortage of skilled = workers.  And=20 yes, there had to be
a shortage.  Before being able to get my = green=20 card,
my job had to be advertised in a newspaper and only
after = there=20 weren't qualifying applications from US
citizens were it determined = that=20 there is a shortage
for that particular skill. I am not sure how=20 you
consider filling shortages as hurting the country.
You also = cannot=20 blame the INS for illegal immigrants
working here.  The INS = had=20 nothing to do with them.
That is why they are illegal.

I am = sorry=20 for going off the topic of the discussion
list, but couldn't let = this one=20 slip by.

Regards
- Fanus


--- Dan Forant <dforant1@nycap.rr.com>=20 wrote:
> Please, let's not compare the immigrants of = today
> with=20 the past. No
> comparison. If you don't believe the INS has = hurt
>=20 the Nation in general,
> that's your right. This was a broad=20 stroke
> statement, not just about Miami,
> but including=20 Miami.
>
> DanF
> ----- Original Message = -----
>=20 From: "Tom Worley" <stkguru@netside.net>
> = <canslim@lists.xmission.com= >
>=20 Sent: Thursday, January 17, 2002 1:23 AM
> Subject: Re: = [CANSLIM] Nasdaq=20 Future is under water
> ....
>
>
> > Dan, = having=20 lived in Miami, FL for the past 18
> years, I take exception = to
>=20 > your statements.
> >
> > The bulk of the = immigrants=20 that have settled here
> are Cuban, and they are
> > = among the=20 most hard working people I have met.
> They are family = oriented,
>=20 and
> > welcome with open arms even very distant
> = relatives,=20 or even friends or
> > neighbors of distant relatives. They = help=20 find
> them a place to live, they
> > find them a job, = they=20 support them and ease the
> transition into a new
> > = country=20 and culture.
> >
> > I also believe one of the = requirements=20 to gain
> resident alien status is
> > proof of a job, = or other=20 means of support to
> ensure welfare will not be an
> > = issue.
> >
> > I certainly would not be still living = in the=20 city
> of Miami after 18 years
> if
> > I believe = it was=20 "ruined".
> >
> > Where did you get the notion that = a=20 recent
> immigrant, legal or illegal,
> was
> > = even=20 allowed to vote? Are you forgetting that most
> present day = citizens=20 of
> > the USA were once an immigrant, or are = descended
> from=20 an immigrant? Not a
> > bad thing, I believe this cultural = blend is=20 what
> has made this country so
> > great, and made it = value=20 freedom so much.
> >
> > I would also note that = typically=20 only a very small
> percentage of the
> > citizens of = the=20 United States even bother to vote.
> Guess the ones that
> = don't
> > bother are baffoons as well?
> >
> = > Tom=20 Worley
> > stkguru@netside.net
> = > AIM:=20 TexWorley
> > ----- Original Message -----
> > From: = "Dan=20 Forant" <dforant1@nycap.rr.com>
&g= t; >=20 To: <canslim@lists.xmission.com= >
>=20 > Sent: Wednesday, January 16, 2002 7:17 PM
> > Subject: = Re:=20 [CANSLIM] Nasdaq Future is under
> water ....
> = >
>=20 >
> > > Fanus,
> > >
> > > It = is a well=20 known fact the last Administration
> let in a bunch of
>=20 baffoons
> > > mainly so they would enroll Democrat and=20 vote.
> Un-controlled borders
> etc.
> > > = Carter did=20 the same thing and ruined Miami Fla.
> Most of these = enrolled
>=20 > > immediately for welfare of sorts. Couldn't or
> can't = speak=20 the language
> let
> > > alone have a trade of any = sort.=20 That doesn't
> include the illegal ones
> > > = including=20 those from the troubled Middle East.
> > >
> > = >=20 DanF
> > > ----- Original Message -----
> > > = "Fanus" <fanus13@yahoo.com>
> = > >=20 To: <canslim@lists.xmission.com= >
>=20 > > Sent: Wednesday, January 16, 2002 4:28 PM
> > > = Re: [CANSLIM] Nasdaq Future is under
> water ....
> >=20 >
> > >
> > > > Dan
> > >=20 >
> > > > Please clarify your statement "The INS = has
>=20 screwed up
> > > > the makeup of our = Country..."
> >=20 > >
> > > > - Fanus
> > > = >
> >=20 > > --- Dan Forant <dforant1@nycap.rr.com>=20 wrote:
> > > > > Glug,glug,glug, under water is = right.=20 Enron
> may have
> > > > > put the final nail=20 in
> > > > > the coffin for awhile. This combined=20 with
> future
> > > > > bleak earnings = spell
>=20 > > > > trouble ahead. Kmart bumbling along with
> = other=20 bad
> > > > > news such as the SEC's
> > = > >=20 > inability to keep track of GIANTS have given
> > > = > >=20 investors a bad taste. Congress
> > > > > will bloat = and=20 gloat for months over Enron
> and I
> > > > > = believe=20 very little will be
> > > > > done about it legally. = Congress is part of
> the
> > > > > problem. = Campaign=20 $$$. The
> > > > > INS has screwed up the makeup of=20 our
> Country, the
> > > > > Government (SEC) = may=20 now
> > > > > have set back our financial markets=20 for
> quite
> > > > > awhile.. That's why a=20 large
> > > > > brokerage house recently said to be = only=20 50%
> > > > > invested. But then again
> > = >=20 > > ........of course they would.
> > > > = >
>=20 > > > > DanF
> > > > >
> > > = >=20 > ----- Original Message -----
> > > > > From: = "Andreas=20 Himmelreich"
> <judgejimmy@web.de>
> = > >=20 > > To: <canslim@lists.xmission.com= >
>=20 > > > > Sent: Wednesday, January 16, 2002 7:42 AM
> = >=20 > > > Subject: [CANSLIM] Nasdaq Future is under
> water = ....
> > > > >
> > > > >
> = > >=20 > > > Nasdaq Future is under water ....
> > > = > >=20 >
> > > > > > -
> > > > > = > -To=20 subscribe/unsubscribe, email
> > > > > "majordomo@xmission.com"
>= ; >=20 > > > > -In the email body, write "subscribe
> = canslim"=20 or
> > > > > > -"unsubscribe canslim".  Do = not use=20 quotes
> in your
> > > > > email.
> > = >=20 > > >
> > > > >
> > > > = >
>=20 > > > > -
> > > > > -To = subscribe/unsubscribe,=20 email
> > > > > "majordomo@xmission.com"
>= ; >=20 > > > -In the email body, write "subscribe
> canslim"=20 or
> > > > > -"unsubscribe canslim".  Do not = use=20 quotes
> in your
> > > > email.
> > > = >
> > > >
> > > >
>=20 __________________________________________________
> > > = > Do=20 You Yahoo!?
> > > > Send FREE video emails in Yahoo!=20 Mail!
> > > > http://promo.yahoo.com/videoma= il/
>=20 > > >
> > > > -
> > > > -To=20 subscribe/unsubscribe, email
> "majordomo@xmission.com"
>= ; >=20 > > -In the email body, write "subscribe canslim"
> = or
>=20 > > > -"unsubscribe canslim".  Do not use quotes = in
> your=20 email.
> > > >
> > >
> > = >
> >=20 > -
> > > -To subscribe/unsubscribe, email
> "majordomo@xmission.com"
>= ; >=20 > -In the email body, write "subscribe canslim" or
> > = >=20 -"unsubscribe canslim".  Do not use quotes in
> your = email.
>=20 > >
> > >
> >
> >
> = >
>=20 > -
> > -To subscribe/unsubscribe, email
> "majordomo@xmission.com"
>= ; >=20 -In the email body, write "subscribe canslim" or
>
=3D=3D=3D = message=20 truncated=20 = =3D=3D=3D


__________________________________________________Do You=20 Yahoo!?
Send FREE video emails in Yahoo! Mail!
http://promo.yahoo.com/videoma= il/

-
-To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your email. ------=_NextPart_000_067C_01C19F49.60D95790-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: AW: [CANSLIM] Nasdaq Future.... INS - Not Canslim Date: 17 Jan 2002 18:30:02 +0100 same by me ..., since I consider to go to the US (at least for some years, as I already did in 1998) > -----Ursprungliche Nachricht----- > Von: Gyorgy Veszpremi [SMTP:GyorgyV@rcmachine.com] > Gesendet am: Thursday, January 17, 2002 6:17 PM > An: canslim@lists.xmission.com > Betreff: Re: [CANSLIM] Nasdaq Future.... INS - Not Canslim > > I totally agree with you on this. > > Fanus wrote: > > > I am currently a green card holder, so I guess I am > > one of the baffoons. It took me 3 years to get a > > green card and I had to have proof of employment > > before obtaining a workers visa. After one obtain a > > green card, you need to wait 5 years before you can > > become citizen, (if you marry a citizen, you have to > > wait 3 years), only then can you vote. So on average > > one can only vote after about 8 years. Don't know > > where you get the idea that people can vote right > > away. Furthermore, I am not elegible for welfare and > > social security. Only citizens are. But I still pay > > social security tax, which I do not have a problem > > with. This is a small price to pay to work in a stable > > country. > > > > Keep in mind, the general idea of immigrants working > > in the US is to fill jobs for which there are a > > shortage of skilled workers. And yes, there had to be > > a shortage. Before being able to get my green card, > > my job had to be advertised in a newspaper and only > > after there weren't qualifying applications from US > > citizens were it determined that there is a shortage > > for that particular skill. I am not sure how you > > consider filling shortages as hurting the country. > > You also cannot blame the INS for illegal immigrants > > working here. The INS had nothing to do with them. > > That is why they are illegal. > > > > I am sorry for going off the topic of the discussion > > list, but couldn't let this one slip by. > > > > Regards > > - Fanus > > > > --- Dan Forant wrote: > > > Please, let's not compare the immigrants of today > > > with the past. No > > > comparison. If you don't believe the INS has hurt > > > the Nation in general, > > > that's your right. This was a broad stroke > > > statement, not just about Miami, > > > but including Miami. > > > > > > DanF > > > ----- Original Message ----- > > > From: "Tom Worley" > > > To: > > > Sent: Thursday, January 17, 2002 1:23 AM > > > Subject: Re: [CANSLIM] Nasdaq Future is under water > > > .... > > > > > > > > > > Dan, having lived in Miami, FL for the past 18 > > > years, I take exception to > > > > your statements. > > > > > > > > The bulk of the immigrants that have settled here > > > are Cuban, and they are > > > > among the most hard working people I have met. > > > They are family oriented, > > > and > > > > welcome with open arms even very distant > > > relatives, or even friends or > > > > neighbors of distant relatives. They help find > > > them a place to live, they > > > > find them a job, they support them and ease the > > > transition into a new > > > > country and culture. > > > > > > > > I also believe one of the requirements to gain > > > resident alien status is > > > > proof of a job, or other means of support to > > > ensure welfare will not be an > > > > issue. > > > > > > > > I certainly would not be still living in the city > > > of Miami after 18 years > > > if > > > > I believe it was "ruined". > > > > > > > > Where did you get the notion that a recent > > > immigrant, legal or illegal, > > > was > > > > even allowed to vote? Are you forgetting that most > > > present day citizens of > > > > the USA were once an immigrant, or are descended > > > from an immigrant? Not a > > > > bad thing, I believe this cultural blend is what > > > has made this country so > > > > great, and made it value freedom so much. > > > > > > > > I would also note that typically only a very small > > > percentage of the > > > > citizens of the United States even bother to vote. > > > Guess the ones that > > > don't > > > > bother are baffoons as well? > > > > > > > > Tom Worley > > > > stkguru@netside.net > > > > AIM: TexWorley > > > > ----- Original Message ----- > > > > From: "Dan Forant" > > > > To: > > > > Sent: Wednesday, January 16, 2002 7:17 PM > > > > Subject: Re: [CANSLIM] Nasdaq Future is under > > > water .... > > > > > > > > > > > > > Fanus, > > > > > > > > > > It is a well known fact the last Administration > > > let in a bunch of > > > baffoons > > > > > mainly so they would enroll Democrat and vote. > > > Un-controlled borders > > > etc. > > > > > Carter did the same thing and ruined Miami Fla. > > > Most of these enrolled > > > > > immediately for welfare of sorts. Couldn't or > > > can't speak the language > > > let > > > > > alone have a trade of any sort. That doesn't > > > include the illegal ones > > > > > including those from the troubled Middle East. > > > > > > > > > > DanF > > > > > ----- Original Message ----- > > > > > From: "Fanus" > > > > > To: > > > > > Sent: Wednesday, January 16, 2002 4:28 PM > > > > > Subject: Re: [CANSLIM] Nasdaq Future is under > > > water .... > > > > > > > > > > > > > > > > Dan > > > > > > > > > > > > Please clarify your statement "The INS has > > > screwed up > > > > > > the makeup of our Country..." > > > > > > > > > > > > - Fanus > > > > > > > > > > > > --- Dan Forant wrote: > > > > > > > Glug,glug,glug, under water is right. Enron > > > may have > > > > > > > put the final nail in > > > > > > > the coffin for awhile. This combined with > > > future > > > > > > > bleak earnings spell > > > > > > > trouble ahead. Kmart bumbling along with > > > other bad > > > > > > > news such as the SEC's > > > > > > > inability to keep track of GIANTS have given > > > > > > > investors a bad taste. Congress > > > > > > > will bloat and gloat for months over Enron > > > and I > > > > > > > believe very little will be > > > > > > > done about it legally. Congress is part of > > > the > > > > > > > problem. Campaign $$$. The > > > > > > > INS has screwed up the makeup of our > > > Country, the > > > > > > > Government (SEC) may now > > > > > > > have set back our financial markets for > > > quite > > > > > > > awhile.. That's why a large > > > > > > > brokerage house recently said to be only 50% > > > > > > > invested. But then again > > > > > > > ........of course they would. > > > > > > > > > > > > > > DanF > > > > > > > > > > > > > > ----- Original Message ----- > > > > > > > From: "Andreas Himmelreich" > > > > > > > > > > To: > > > > > > > Sent: Wednesday, January 16, 2002 7:42 AM > > > > > > > Subject: [CANSLIM] Nasdaq Future is under > > > water .... > > > > > > > > > > > > > > > > > > > > > > Nasdaq Future is under water .... > > > > > > > > > > > > > > > > - > > > > > > > > -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!? > > > > > > Send FREE video emails in Yahoo! Mail! > > > > > > http://promo.yahoo.com/videomail/ > > > > > > > > > > > > - > > > > > > -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 > > > > > === message truncated === > > > > __________________________________________________ > > Do You Yahoo!? > > Send FREE video emails in Yahoo! Mail! > > http://promo.yahoo.com/videomail/ > > > > - > > -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. ------------------------------------------------------------------------------- From: "Ken MacFarlane" Subject: Re: [CANSLIM] Nasdaq Future.... INS - Not Canslim Date: 17 Jan 2002 10:26:51 -0700 You got me on this one. I have worked with immigrants coming to America to work in the electronics industry for over 17 years. As a group, they are very hard working, very loyal to their families and very good citizens. It is silly to single them out for anything negative. I had my say. Thanks for the indulgence Ken ----- Original Message ----- Sent: Thursday, January 17, 2002 10:16 AM > I totally agree with you on this. > > Fanus wrote: > > > I am currently a green card holder, so I guess I am > > one of the baffoons. It took me 3 years to get a > > green card and I had to have proof of employment > > before obtaining a workers visa. After one obtain a > > green card, you need to wait 5 years before you can > > become citizen, (if you marry a citizen, you have to > > wait 3 years), only then can you vote. So on average > > one can only vote after about 8 years. Don't know > > where you get the idea that people can vote right > > away. Furthermore, I am not elegible for welfare and > > social security. Only citizens are. But I still pay > > social security tax, which I do not have a problem > > with. This is a small price to pay to work in a stable > > country. > > > > Keep in mind, the general idea of immigrants working > > in the US is to fill jobs for which there are a > > shortage of skilled workers. And yes, there had to be > > a shortage. Before being able to get my green card, > > my job had to be advertised in a newspaper and only > > after there weren't qualifying applications from US > > citizens were it determined that there is a shortage > > for that particular skill. I am not sure how you > > consider filling shortages as hurting the country. > > You also cannot blame the INS for illegal immigrants > > working here. The INS had nothing to do with them. > > That is why they are illegal. > > > > I am sorry for going off the topic of the discussion > > list, but couldn't let this one slip by. > > > > Regards > > - Fanus > > > > --- Dan Forant wrote: > > > Please, let's not compare the immigrants of today > > > with the past. No > > > comparison. If you don't believe the INS has hurt > > > the Nation in general, > > > that's your right. This was a broad stroke > > > statement, not just about Miami, > > > but including Miami. > > > > > > DanF > > > ----- Original Message ----- > > > From: "Tom Worley" > > > To: > > > Sent: Thursday, January 17, 2002 1:23 AM > > > Subject: Re: [CANSLIM] Nasdaq Future is under water > > > .... > > > > > > > > > > Dan, having lived in Miami, FL for the past 18 > > > years, I take exception to > > > > your statements. > > > > > > > > The bulk of the immigrants that have settled here > > > are Cuban, and they are > > > > among the most hard working people I have met. > > > They are family oriented, > > > and > > > > welcome with open arms even very distant > > > relatives, or even friends or > > > > neighbors of distant relatives. They help find > > > them a place to live, they > > > > find them a job, they support them and ease the > > > transition into a new > > > > country and culture. > > > > > > > > I also believe one of the requirements to gain > > > resident alien status is > > > > proof of a job, or other means of support to > > > ensure welfare will not be an > > > > issue. > > > > > > > > I certainly would not be still living in the city > > > of Miami after 18 years > > > if > > > > I believe it was "ruined". > > > > > > > > Where did you get the notion that a recent > > > immigrant, legal or illegal, > > > was > > > > even allowed to vote? Are you forgetting that most > > > present day citizens of > > > > the USA were once an immigrant, or are descended > > > from an immigrant? Not a > > > > bad thing, I believe this cultural blend is what > > > has made this country so > > > > great, and made it value freedom so much. > > > > > > > > I would also note that typically only a very small > > > percentage of the > > > > citizens of the United States even bother to vote. > > > Guess the ones that > > > don't > > > > bother are baffoons as well? > > > > > > > > Tom Worley > > > > stkguru@netside.net > > > > AIM: TexWorley > > > > ----- Original Message ----- > > > > From: "Dan Forant" > > > > To: > > > > Sent: Wednesday, January 16, 2002 7:17 PM > > > > Subject: Re: [CANSLIM] Nasdaq Future is under > > > water .... > > > > > > > > > > > > > Fanus, > > > > > > > > > > It is a well known fact the last Administration > > > let in a bunch of > > > baffoons > > > > > mainly so they would enroll Democrat and vote. > > > Un-controlled borders > > > etc. > > > > > Carter did the same thing and ruined Miami Fla. > > > Most of these enrolled > > > > > immediately for welfare of sorts. Couldn't or > > > can't speak the language > > > let > > > > > alone have a trade of any sort. That doesn't > > > include the illegal ones > > > > > including those from the troubled Middle East. > > > > > > > > > > DanF > > > > > ----- Original Message ----- > > > > > From: "Fanus" > > > > > To: > > > > > Sent: Wednesday, January 16, 2002 4:28 PM > > > > > Subject: Re: [CANSLIM] Nasdaq Future is under > > > water .... > > > > > > > > > > > > > > > > Dan > > > > > > > > > > > > Please clarify your statement "The INS has > > > screwed up > > > > > > the makeup of our Country..." > > > > > > > > > > > > - Fanus > > > > > > > > > > > > --- Dan Forant wrote: > > > > > > > Glug,glug,glug, under water is right. Enron > > > may have > > > > > > > put the final nail in > > > > > > > the coffin for awhile. This combined with > > > future > > > > > > > bleak earnings spell > > > > > > > trouble ahead. Kmart bumbling along with > > > other bad > > > > > > > news such as the SEC's > > > > > > > inability to keep track of GIANTS have given > > > > > > > investors a bad taste. Congress > > > > > > > will bloat and gloat for months over Enron > > > and I > > > > > > > believe very little will be > > > > > > > done about it legally. Congress is part of > > > the > > > > > > > problem. Campaign $$$. The > > > > > > > INS has screwed up the makeup of our > > > Country, the > > > > > > > Government (SEC) may now > > > > > > > have set back our financial markets for > > > quite > > > > > > > awhile.. That's why a large > > > > > > > brokerage house recently said to be only 50% > > > > > > > invested. But then again > > > > > > > ........of course they would. > > > > > > > > > > > > > > DanF > > > > > > > > > > > > > > ----- Original Message ----- > > > > > > > From: "Andreas Himmelreich" > > > > > > > > > > To: > > > > > > > Sent: Wednesday, January 16, 2002 7:42 AM > > > > > > > Subject: [CANSLIM] Nasdaq Future is under > > > water .... > > > > > > > > > > > > > > > > > > > > > > Nasdaq Future is under water .... > > > > > > > > > > > > > > > > - > > > > > > > > -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!? > > > > > > Send FREE video emails in Yahoo! Mail! > > > > > > http://promo.yahoo.com/videomail/ > > > > > > > > > > > > - > > > > > > -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 > > > > > === message truncated === > > > > __________________________________________________ > > Do You Yahoo!? > > Send FREE video emails in Yahoo! Mail! > > http://promo.yahoo.com/videomail/ > > > > - > > -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. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] Nasdaq Future.... INS - Not Canslim Date: 17 Jan 2002 12:17:15 -0500 Well said, Fanus, and from first hand experience. Thank you. One of my staff is a green card holder from the Bahamas. I know the ordeal we had to go through to prove she was "essential" and could be hired. I have long felt that forcing people to pay social security taxes when they are not eligible for the benefits is unfair. Don't know what will change that, other than having enough "victims" of this system attain the right to vote to change it. Most of those that are eligible to vote still have not grasped the concept of "taxation without right of representation", even though that goes right back to the very foundations of this country, and the Boston Tea Party that ignited the American Revolution. Thanks also for confirming my impression of your lack of representation in our Congress, by the lengthy process it takes before you can vote. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message ----- Sent: Thursday, January 17, 2002 12:10 PM > I am currently a green card holder, so I guess I am > one of the baffoons. It took me 3 years to get a > green card and I had to have proof of employment > before obtaining a workers visa. After one obtain a > green card, you need to wait 5 years before you can > become citizen, (if you marry a citizen, you have to > wait 3 years), only then can you vote. So on average > one can only vote after about 8 years. Don't know > where you get the idea that people can vote right > away. Furthermore, I am not elegible for welfare and > social security. Only citizens are. But I still pay > social security tax, which I do not have a problem > with. This is a small price to pay to work in a stable > country. > > Keep in mind, the general idea of immigrants working > in the US is to fill jobs for which there are a > shortage of skilled workers. And yes, there had to be > a shortage. Before being able to get my green card, > my job had to be advertised in a newspaper and only > after there weren't qualifying applications from US > citizens were it determined that there is a shortage > for that particular skill. I am not sure how you > consider filling shortages as hurting the country. > You also cannot blame the INS for illegal immigrants > working here. The INS had nothing to do with them. > That is why they are illegal. > > I am sorry for going off the topic of the discussion > list, but couldn't let this one slip by. > > Regards > - Fanus > > > --- Dan Forant wrote: > > Please, let's not compare the immigrants of today > > with the past. No > > comparison. If you don't believe the INS has hurt > > the Nation in general, > > that's your right. This was a broad stroke > > statement, not just about Miami, > > but including Miami. > > > > DanF > > ----- Original Message ----- > > From: "Tom Worley" > > To: > > Sent: Thursday, January 17, 2002 1:23 AM > > Subject: Re: [CANSLIM] Nasdaq Future is under water > > .... > > > > > > > Dan, having lived in Miami, FL for the past 18 > > years, I take exception to > > > your statements. > > > > > > The bulk of the immigrants that have settled here > > are Cuban, and they are > > > among the most hard working people I have met. > > They are family oriented, > > and > > > welcome with open arms even very distant > > relatives, or even friends or > > > neighbors of distant relatives. They help find > > them a place to live, they > > > find them a job, they support them and ease the > > transition into a new > > > country and culture. > > > > > > I also believe one of the requirements to gain > > resident alien status is > > > proof of a job, or other means of support to > > ensure welfare will not be an > > > issue. > > > > > > I certainly would not be still living in the city > > of Miami after 18 years > > if > > > I believe it was "ruined". > > > > > > Where did you get the notion that a recent > > immigrant, legal or illegal, > > was > > > even allowed to vote? Are you forgetting that most > > present day citizens of > > > the USA were once an immigrant, or are descended > > from an immigrant? Not a > > > bad thing, I believe this cultural blend is what > > has made this country so > > > great, and made it value freedom so much. > > > > > > I would also note that typically only a very small > > percentage of the > > > citizens of the United States even bother to vote. > > Guess the ones that > > don't > > > bother are baffoons as well? > > > > > > Tom Worley > > > stkguru@netside.net > > > AIM: TexWorley > > > ----- Original Message ----- > > > From: "Dan Forant" > > > To: > > > Sent: Wednesday, January 16, 2002 7:17 PM > > > Subject: Re: [CANSLIM] Nasdaq Future is under > > water .... > > > > > > > > > > Fanus, > > > > > > > > It is a well known fact the last Administration > > let in a bunch of > > baffoons > > > > mainly so they would enroll Democrat and vote. > > Un-controlled borders > > etc. > > > > Carter did the same thing and ruined Miami Fla. > > Most of these enrolled > > > > immediately for welfare of sorts. Couldn't or > > can't speak the language > > let > > > > alone have a trade of any sort. That doesn't > > include the illegal ones > > > > including those from the troubled Middle East. > > > > > > > > DanF > > > > ----- Original Message ----- > > > > From: "Fanus" > > > > To: > > > > Sent: Wednesday, January 16, 2002 4:28 PM > > > > Subject: Re: [CANSLIM] Nasdaq Future is under > > water .... > > > > > > > > > > > > > Dan > > > > > > > > > > Please clarify your statement "The INS has > > screwed up > > > > > the makeup of our Country..." > > > > > > > > > > - Fanus > > > > > > > > > > --- Dan Forant wrote: > > > > > > Glug,glug,glug, under water is right. Enron > > may have > > > > > > put the final nail in > > > > > > the coffin for awhile. This combined with > > future > > > > > > bleak earnings spell > > > > > > trouble ahead. Kmart bumbling along with > > other bad > > > > > > news such as the SEC's > > > > > > inability to keep track of GIANTS have given > > > > > > investors a bad taste. Congress > > > > > > will bloat and gloat for months over Enron > > and I > > > > > > believe very little will be > > > > > > done about it legally. Congress is part of > > the > > > > > > problem. Campaign $$$. The > > > > > > INS has screwed up the makeup of our > > Country, the > > > > > > Government (SEC) may now > > > > > > have set back our financial markets for > > quite > > > > > > awhile.. That's why a large > > > > > > brokerage house recently said to be only 50% > > > > > > invested. But then again > > > > > > ........of course they would. > > > > > > > > > > > > DanF > > > > > > > > > > > > ----- Original Message ----- > > > > > > From: "Andreas Himmelreich" > > > > > > > > To: > > > > > > Sent: Wednesday, January 16, 2002 7:42 AM > > > > > > Subject: [CANSLIM] Nasdaq Future is under > > water .... > > > > > > > > > > > > > > > > > > > Nasdaq Future is under water .... > > > > > > > > > > > > > > - > > > > > > > -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!? > > > > > Send FREE video emails in Yahoo! Mail! > > > > > http://promo.yahoo.com/videomail/ > > > > > > > > > > - > > > > > -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 > > > === message truncated === > > > __________________________________________________ > Do You Yahoo!? > Send FREE video emails in Yahoo! Mail! > http://promo.yahoo.com/videomail/ > > - > -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. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: [CANSLIM] DYII Revisited--post analysis Date: 17 Jan 2002 11:30:01 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_0166_01C19F4A.4D538500 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable DYII is a stock that came up for discussion on the list in early = October. This is a stock that crossed my radar, but at the time I passed = due to the poor chart action around 10/5. I have been watching it since = and was interested in what the chart might have said prior to the = failure yesterday. Here is what I saw that would have been sell signals = for me: (1) 10/5/01--tail...ominous end to attempted breakout of an 11-1/2 week = base. This is one of the reasons (along with due diligence) that I = crossed it off the list. (2) 10/8/01--gap down just before earnings-Co. press release says "short = sellers at fault" That's the goofiest reasoning I've ever heard and was = a red flag that these guys don't know what they're doing. I never like a = gap down just before an earnings announcement. It's a big red flag. If = it happens, I'll generally wait for a bounce in the next day or 2 that = begins to reverse and will sell into strength. (3) 11/26/01--Breakout from sloppy 7 wk base. So, let's say someone = bought on this breakout...let's see what comes next... (4) 11/28/01--Reversal that closes below low of previous day just after = B/O---I would take at least 50% off the table on this sell rule. (5) 12/10/01-12/12/01--3 days closing just at "pivot"--red flag....stock = has retraced to pivot, but not a sell rule in and of itself. (6) 1/3/02--promising action on high volume--ok, this action is = acceptable, might be ok afterall...but still the red flags are = there...more red flags and this one should be out of the portfolio. (7) 1/8/02-1/9/02--high volume with no progress for 2 days in a = row---last red flag in my book, if I'd held the last 50%, it would be = gone here. (8) 1/10/02--high volume tail that closes below low of previous day--if = I'd lost focus and missed the last sell, this would be the next sell = signal. (9) 1/14/02--gaps down on earnings day (earnings announced after market = close)--sell rule hit---if I'd lost focus and missed everything = else...this would be it. (10) 1/15/02--bounces, but leaves a tail on close---last chance for the = exits, a little bounce while the bargain hunters move in. Sell. (11) 1/16/02--resolution. 2:46 pm, just before market close, Herb = Greenberg article at theStreet.com points out possible accounting = shenanigans and goofy CEO/CFO nonresponse to income statement inquiries. = If I'd missed everything else and this plunged, an open protective stop = set for "catastrophic loss" would have caught this on the way down. (12) 1/16/02--Company issues response to Greenberg article after market = close. I still can't figure out why a CFO couldn't have answered these = questions when they were asked. Maybe he learned accounting somewhere = other than the US and is still learning.=20 A chart with comments is posted at: http://WallStreet-LLC.com/pub/DYII-PostAnal_011602.jpg Katherine ------=_NextPart_000_0166_01C19F4A.4D538500 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
DYII is a stock that came up for discussion on the list in early = October.=20 This is a stock that crossed my radar, but at the time I passed due to = the poor=20 chart action around 10/5. I have been watching it since and was = interested in=20 what the chart might have said prior to the failure yesterday. Here is = what I=20 saw that would have been sell signals for me:
 
(1) 10/5/01--tail...ominous end to attempted breakout of an 11-1/2 = week=20 base. This is one of the reasons (along with due diligence) that I = crossed it=20 off the list.
(2) 10/8/01--gap down just before earnings-Co. press = release=20 says "short sellers at fault" That's the goofiest reasoning I've ever = heard and=20 was a red flag that these guys don't know what they're doing. I never = like a gap=20 down just before an earnings announcement. It's a big red flag. If it = happens,=20 I'll generally wait for a bounce in the next day or 2 that begins = to=20 reverse and will sell into strength.
(3) 11/26/01--Breakout from = sloppy 7 wk=20 base. So, let's say someone bought on this breakout...let's see what = comes=20 next...
(4) 11/28/01--Reversal that closes below low of previous day = just=20 after B/O---I would take at least 50% off the table on this sell = rule.
(5)=20 12/10/01-12/12/01--3 days closing just at "pivot"--red flag....stock has = retraced to pivot, but not a sell rule in and of itself.
(6)=20 1/3/02--promising action on high volume--ok, this action is acceptable, = might be=20 ok afterall...but still the red flags are there...more red flags and = this one=20 should be out of the portfolio.
(7) 1/8/02-1/9/02--high volume with = no=20 progress for 2 days in a row---last red flag in my book, if I'd held the = last=20 50%, it would be gone here.
(8) 1/10/02--high volume tail that closes = below=20 low of previous day--if I'd lost focus and missed the last sell, this = would be=20 the next sell signal.
(9) 1/14/02--gaps down on earnings day = (earnings=20 announced after market close)--sell rule hit---if I'd lost focus and = missed=20 everything else...this would be it.
(10) 1/15/02--bounces, but leaves = a tail=20 on close---last chance for the exits, a little bounce while the bargain = hunters=20 move in. Sell.
(11) 1/16/02--resolution. 2:46 pm, just before market = close,=20 Herb Greenberg article at theStreet.com points out possible accounting=20 shenanigans and goofy CEO/CFO nonresponse to income statement inquiries. = If I'd=20 missed everything else and this plunged, an open protective stop set for = "catastrophic loss" would have caught this on the way down.
(12)=20 1/16/02--Company issues response to Greenberg article after market = close. I=20 still can't figure out why a CFO couldn't have answered these questions = when=20 they were asked. Maybe he learned accounting somewhere other than the US = and is=20 still learning.
 
A chart with comments is posted at:
http://Wa= llStreet-LLC.com/pub/DYII-PostAnal_011602.jpg
 
Katherine
 
 
------=_NextPart_000_0166_01C19F4A.4D538500-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Bill Triffet" Subject: Re: [CANSLIM] NMTC down grade. Date: 17 Jan 2002 09:41:19 -0800 Excellent point Tom. I don't recall NMTC's fund ownership being so high when I first started following it in Dec ( I could be wrong). It just goes to show that one must continue to view ALL the data especially after some time has passed. I must say I'm learning much more about canslim this year (and last) when my picks fail than when it was the "instant winner" picking in '98 & '99. Thanks -Bill ----- Original Message ----- Sent: Thursday, January 17, 2002 8:57 AM > But NMTC has 41% funds ownership of half the issue. Good example of the > dangers of high funds ownership, and how they all seem to follow the > Shepard. > > Tom Worley > stkguru@netside.net > AIM: TexWorley > ----- Original Message ----- > From: "Bill Triffet" > To: "canslim" > Sent: Thursday, January 17, 2002 11:59 AM > Subject: [CANSLIM] NMTC down grade. > > > > Amazing what a downgrade will do for a stock! I had been following this > one > > since its Dec. gap up looking for an entry. > > On a side note (just a strange observation): If you lay the 1 year charts > of > > NMTC and DYII together (I used Clearstation) they run parallel. Hmmm. > > > > -Bill > > > > > > - > > -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. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] You've Been Sent An Article From The Onion Date: 17 Jan 2002 11:36:31 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_017A_01C19F4B.3591DD80 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable The Onion | InfographicHi David, I don't remember seeing a posting from you yesterday. I'd bet it shows = up on the list sometime today. When I say "red flags" they normally mean a sell rule or sell warning = has been hit. MCAF had 3 in a row and I was out of focus...been working = on a big project due the end of the month. Just goes to show how = important it is to pay attention. To get a feel for what I'm talking = about, see the email that I just posted on "DYII revisited." Since I let = the cat out of the bag on my MCAF blunder (I actually thought I'd sent = this directly to Tom!), I'll post an analysis on that one and you can = see where my red flags were. I want to wait for the market close before = I write and post it. Katherine ----- Original Message -----=20 From: david frank=20 To: canslim@lists.xmission.com=20 Sent: Thursday, January 17, 2002 10:48 AM Subject: Re: [CANSLIM] You've Been Sent An Article From The Onion katherine, what do you mean by 3 red flags? by the way, did you all = receive my posting-yesterday-about cutting one's loses? my email = server-Charter-was down yesterday. my posting probably wasn't that = important anyway. thank you, david ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Thursday, January 17, 2002 10:00 AM Subject: Re: [CANSLIM] You've Been Sent An Article From The Onion LOL LOL LOL LOL!!!!!! I needed that this morning! I'm sitting here watching my MCAF plunge = into the depths of hell....Doing a post analysis and noting all the red = flags I saw and IGNORED over the last couple of weeks. Rewriting my sell = rules a bit so that it says 3 red flags =3D sell. Duh. Watching the last = 51% of gains disappear into cyberspace at the same time SYMC is sucking = all my dollars away. See me hitting my head on the desk?(next to my = iMac, BTW)...thump thump thump. Journal note: practice what you preach, = practice what you preach, practice what you preach, practice..... Katherine ----- Original Message -----=20 From: stkguru@netside.net=20 To: canslim@lists.xmission.com=20 Sent: Thursday, January 17, 2002 9:52 AM Subject: [CANSLIM] You've Been Sent An Article From The Onion Tom Worley at stkguru@netside.net has sent you an article = from The Onion, America's Finest News Source. =20 Tom Worley included the following message: With all the hype of new technology, I got a chuckle out of = this one. =20 =20 Infographic =20 =20 =20 Click here to download a printable version of = this chart in Adobe Acrobat PDF format.=20 If you do not already have a copy of the Adobe = Acrobat Reader, you can download a free copy of the Adobe Acrobat Reader = from Adobe's home-page. =20 =20 You can also see this article online: http://www.theonion.com/onion3801/infograph_3801.html The Onion=AE is not intended for readers under 18 years of = age. - -To subscribe/unsubscribe, email "majordomo@xmission.com" = -In the email body, write "subscribe canslim" or -"unsubscribe canslim". = Do not use quotes in your email.=20 =20 ------=_NextPart_000_017A_01C19F4B.3591DD80 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable The Onion | Infographic
Hi David,
 
I don't remember seeing a posting from you yesterday. I'd bet it = shows up=20 on the list sometime today.
 
When I say "red flags" they normally mean a sell rule or sell = warning has=20 been hit. MCAF had 3 in a row and I was out of focus...been working on a = big=20 project due the end of the month. Just goes to show how important it is = to pay=20 attention. To get a feel for what I'm talking about, see the email that = I just=20 posted on "DYII revisited." Since I let the cat out of the bag on my = MCAF=20 blunder (I actually thought I'd sent this directly to Tom!), I'll post = an=20 analysis on that one and you can see where my red flags were. I want to = wait for=20 the market close before I write and post it.
 
Katherine
----- Original Message -----
From:=20 david frank
Sent: Thursday, January 17, = 2002 10:48=20 AM
Subject: Re: [CANSLIM] You've = Been Sent=20 An Article From The Onion

katherine, what do you mean by 3 red = flags? by=20 the way, did you all receive my posting-yesterday-about cutting one's = loses?=20 my email server-Charter-was down yesterday. my posting probably wasn't = that=20 important anyway. thank you, david
----- Original Message -----
From:=20 Katherine=20 Malm
Sent: Thursday, January 17, = 2002 10:00=20 AM
Subject: Re: [CANSLIM] You've = Been Sent=20 An Article From The Onion

LOL LOL LOL LOL!!!!!!
 
I needed that this morning! I'm sitting here watching my MCAF = plunge=20 into the depths of hell....Doing a post analysis and noting all the = red=20 flags I saw and IGNORED over the last couple of weeks. Rewriting my = sell=20 rules a bit so that it says 3 red flags =3D sell. Duh. Watching the = last 51%=20 of gains disappear into cyberspace at the same time SYMC is sucking = all my=20 dollars away. See me hitting my head on the desk?(next to my iMac,=20 BTW)...thump thump thump. Journal note: practice what you preach, = practice=20 what you preach, practice what you preach, practice.....
 
Katherine
----- Original Message ----- =
From:=20 stkguru@netside.net
To: canslim@lists.xmission.com= =20
Sent: Thursday, January 17, = 2002 9:52=20 AM
Subject: [CANSLIM] You've = Been Sent=20 An Article From The Onion

Infographic =  =20
Click here=20 to download a printable version of this chart in = Adobe=20 Acrobat PDF format.
If you do not already have a copy of the = Adobe=20 Acrobat Reader, you can download a free copy of = the Adobe=20 Acrobat Reader from Adobe's = home-page.

You can also see this article online:
http://www= .theonion.com/onion3801/infograph_3801.html

The=20 Onion=AE is not intended for readers under 18 years of=20 age.
- -To subscribe/unsubscribe, email=20 "majordomo@xmission.com" -In the email body, write "subscribe = canslim"=20 or -"unsubscribe canslim". Do not use quotes in your=20 email.
Tom=20 Worley at stkguru@netside.net = has sent=20 you an article from The Onion, America's Finest News = Source.=20

Tom Worley included the following message:
With = all the=20 hype of new technology, I got a chuckle out of this = one.=20


=
------=_NextPart_000_017A_01C19F4B.3591DD80-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: AW: [CANSLIM] ROOM Date: 17 Jan 2002 18:45:58 +0100 Hi Tom, What do you mean by soft year? Here the EPSs --> 0.2 0.29 0.69 1 (my estimation for 2001) 1.5 (my estimation for 2002). Its a smal cap going to be a mid cap, no firm can perform as good as in the first years of growth, that slows like in all firms in this transistion phase. PE is moderate, I like the scalable business model. They surfed through 9/11 businesswise in a good way. Hotels need ROOM, they provide a secondary room market in order to get their hotels full on lower prices, while still selling normal rates to groups that are not price sensitive (business travel, not so smart shopers). Room is a marketer of hotel room capacity and if somthing hotels need in though times then it is to market their capacity on garanteed price levels in order to cover their fix costs. ROI 12%, no dept, MGM owns 59% of the company. 4 Earnings suprises the last 4 Quaters. Here a summary (http://biz.yahoo.com/p/r/room.html) Hotel Reservations Network, Inc. is a consolidator of hotel and other lodging accommodations. The Company contracts with lodging properties in advance for volume purchases and guaranteed availability of rooms at wholesale prices, and sells these rooms to consumers often at significant discounts to published rates. The Company's supply relationships also often allow it to offer customers accommodation alternatives for otherwise unavailable dates. In addition, through its wholly owned subsidiary, TravelNow.com Inc., the Company offers customers the ability to book hotel rooms, airline travel and car rentals. As of December 31, 2000, Hotel Reservations Network had room supply agreements with approximately 2,600 hotels in 97 major markets in North America, the Caribbean, Western Europe and Asia, as well as 113 vacation rental properties in 17 markets in North America and the Caribbean. "Hotel Reservations Network is an online consolidator of hotel accomodations, contracting with hotels in advance for volume purchases and guaranteed availability of hotel rooms at wholesale prices which are then sold to consumers. For the nine months ended 9/30/01, net revenues rose 73% to $394.8 million. Net income rose 43% to $8.1 million. Results reflect increased room sales through the Company's Internet sites, partially offset by higher non-cash marketing costs." Andreas > -----Ursprungliche Nachricht----- > Von: Tom Worley [SMTP:stkguru@netside.net] > Gesendet am: Thursday, January 17, 2002 5:45 PM > An: canslim@lists.xmission.com > Betreff: Re: [CANSLIM] ROOM > > Hi Andreas, > > I would be cautious with ROOM, great sequential sales growth not reflected > in sequential earnings growth. Year to year earnings comparisons nice, but > against a soft year. And with all that has happened since 9/11, hotels are > cutting prices to attract visitors and increase occupancy, and avoid laying > off staff or cutting services. > > So I would expect to see a continued erosion in their gross and net profit > margins. > > Tom Worley > stkguru@netside.net > AIM: TexWorley > ----- Original Message ----- > From: "Andreas Himmelreich" > To: > Sent: Thursday, January 17, 2002 11:34 AM > Subject: [CANSLIM] ROOM > > > > After this storm is over, Room might have built a nice CWH .... > > > > - > > -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. ------------------------------------------------------------------------------- From: "Patrick Wahl" Subject: Re: AW: [CANSLIM] ROOM Date: 17 Jan 2002 11:07:35 -0700 Your estimate for this year (2001) and next year differ from the consensus estimates I see at Quicken. They show .89 for 2001, and 1.00 for 2002. If that is a close approximation to what the numbers actually come in at, then ROOM is probably overvalued at this point. On 17 Jan 2002 at 18:45, Andreas Himmelreich wrote: > Hi Tom, > > What do you mean by soft year? > > Here the EPSs --> > > 0.2 > 0.29 > 0.69 > 1 (my estimation for 2001) > 1.5 (my estimation for 2002). > > Its a smal cap going to be a mid cap, no firm can perform as good as in the > first years of growth, that slows like > in all firms in this transistion phase. > > PE is moderate, I like the scalable business model. They surfed through > 9/11 businesswise in a good way. > > Hotels need ROOM, they provide a secondary room market in order to get > their hotels full on lower prices, while > still selling normal rates to groups that are not price sensitive (business > travel, not so smart shopers). > > Room is a marketer of hotel room capacity and if somthing hotels need in > though times then it is > to market their capacity on garanteed price levels in order to cover their > fix costs. > > ROI 12%, no dept, MGM owns 59% of the company. > > 4 Earnings suprises the last 4 Quaters. > > Here a summary (http://biz.yahoo.com/p/r/room.html) > > > Hotel Reservations Network, Inc. is a consolidator of hotel and other > lodging accommodations. The Company contracts with lodging properties in > advance for volume purchases and guaranteed availability of rooms at > wholesale prices, and sells these rooms to consumers often at significant > discounts to published rates. The Company's supply relationships also often > allow it to offer customers accommodation alternatives for otherwise > unavailable dates. In addition, through its wholly owned subsidiary, > TravelNow.com Inc., the Company offers customers the ability to book hotel > rooms, airline travel and car rentals. As of December 31, 2000, Hotel > Reservations Network had room supply agreements with approximately 2,600 > hotels in 97 major markets in North America, the Caribbean, Western Europe > and Asia, as well as 113 vacation rental properties in 17 markets in North > America and the Caribbean. > > > "Hotel Reservations Network is an online consolidator of hotel > accomodations, contracting with hotels in advance for volume purchases and > guaranteed availability of hotel rooms at wholesale prices which are then > sold to consumers. For the nine months ended 9/30/01, net revenues rose 73% > to $394.8 million. Net income rose 43% to $8.1 million. Results reflect > increased room sales through the Company's Internet sites, partially offset > by higher non-cash marketing costs." > > Andreas > > > > -----Ursprungliche Nachricht----- > > Von: Tom Worley [SMTP:stkguru@netside.net] > > Gesendet am: Thursday, January 17, 2002 5:45 PM > > An: canslim@lists.xmission.com > > Betreff: Re: [CANSLIM] ROOM > > > > Hi Andreas, > > > > I would be cautious with ROOM, great sequential sales growth not > reflected > > in sequential earnings growth. Year to year earnings comparisons nice, > but > > against a soft year. And with all that has happened since 9/11, hotels > are > > cutting prices to attract visitors and increase occupancy, and avoid > laying > > off staff or cutting services. > > > > So I would expect to see a continued erosion in their gross and net > profit > > margins. > > > > Tom Worley > > stkguru@netside.net > > AIM: TexWorley > > ----- Original Message ----- > > From: "Andreas Himmelreich" > > To: > > Sent: Thursday, January 17, 2002 11:34 AM > > Subject: [CANSLIM] ROOM > > > > > > > After this storm is over, Room might have built a nice CWH .... > > > > > > - > > > -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. - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] ROOM Date: 17 Jan 2002 12:59:11 -0500 Hi Andreas, I actually was referring to two things by my "soft year" comment. First was actual earnings, which were good and growing, but still make this year's comparisons easier on a percentage and year to year basis. But I was also referring to the fact that the tourism industry has been hit very hard, first by a slowing economy in both the USA and globally. Then by the events of 9/11. Contrast this to year 2000, when recession was not even being discussed, and now today is reality. The comparisons for those industry sectors directly aligned with consumer discretionary spending are pretty dramatic. People are less willing to travel and spend these days, whether for business or pleasure. Some are afraid of traveling by plane, some are just worried about the cost, as more people get laid off from work. I expect it will become increasingly difficult for companies in the travel / tourism industry to show even neutral year to year comparisons, much less any kind of growth. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message ----- Sent: Thursday, January 17, 2002 12:45 PM > Hi Tom, > > What do you mean by soft year? > > Here the EPSs --> > > 0.2 > 0.29 > 0.69 > 1 (my estimation for 2001) > 1.5 (my estimation for 2002). > > Its a smal cap going to be a mid cap, no firm can perform as good as in the > first years of growth, that slows like > in all firms in this transistion phase. > > PE is moderate, I like the scalable business model. They surfed through > 9/11 businesswise in a good way. > > Hotels need ROOM, they provide a secondary room market in order to get > their hotels full on lower prices, while > still selling normal rates to groups that are not price sensitive (business > travel, not so smart shopers). > > Room is a marketer of hotel room capacity and if somthing hotels need in > though times then it is > to market their capacity on garanteed price levels in order to cover their > fix costs. > > ROI 12%, no dept, MGM owns 59% of the company. > > 4 Earnings suprises the last 4 Quaters. > > Here a summary (http://biz.yahoo.com/p/r/room.html) > > > Hotel Reservations Network, Inc. is a consolidator of hotel and other > lodging accommodations. The Company contracts with lodging properties in > advance for volume purchases and guaranteed availability of rooms at > wholesale prices, and sells these rooms to consumers often at significant > discounts to published rates. The Company's supply relationships also often > allow it to offer customers accommodation alternatives for otherwise > unavailable dates. In addition, through its wholly owned subsidiary, > TravelNow.com Inc., the Company offers customers the ability to book hotel > rooms, airline travel and car rentals. As of December 31, 2000, Hotel > Reservations Network had room supply agreements with approximately 2,600 > hotels in 97 major markets in North America, the Caribbean, Western Europe > and Asia, as well as 113 vacation rental properties in 17 markets in North > America and the Caribbean. > > > "Hotel Reservations Network is an online consolidator of hotel > accomodations, contracting with hotels in advance for volume purchases and > guaranteed availability of hotel rooms at wholesale prices which are then > sold to consumers. For the nine months ended 9/30/01, net revenues rose 73% > to $394.8 million. Net income rose 43% to $8.1 million. Results reflect > increased room sales through the Company's Internet sites, partially offset > by higher non-cash marketing costs." > > Andreas > > > > -----Ursprungliche Nachricht----- > > Von: Tom Worley [SMTP:stkguru@netside.net] > > Gesendet am: Thursday, January 17, 2002 5:45 PM > > An: canslim@lists.xmission.com > > Betreff: Re: [CANSLIM] ROOM > > > > Hi Andreas, > > > > I would be cautious with ROOM, great sequential sales growth not > reflected > > in sequential earnings growth. Year to year earnings comparisons nice, > but > > against a soft year. And with all that has happened since 9/11, hotels > are > > cutting prices to attract visitors and increase occupancy, and avoid > laying > > off staff or cutting services. > > > > So I would expect to see a continued erosion in their gross and net > profit > > margins. > > > > Tom Worley > > stkguru@netside.net > > AIM: TexWorley > > ----- Original Message ----- > > From: "Andreas Himmelreich" > > To: > > Sent: Thursday, January 17, 2002 11:34 AM > > Subject: [CANSLIM] ROOM > > > > > > > After this storm is over, Room might have built a nice CWH .... > > > > > > - > > > -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. > > - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Cefaloni, John L Jr. [AMSTA-AR-WEA]" Subject: RE: [CANSLIM] Nasdaq Future.... INS - Not Canslim Date: 17 Jan 2002 13:19:55 -0500 Fanus, Well said. And please don't take the opinion of one person to be representative of others. Freedom of speech includes the opinions of buffoons. Anyway, I believe that anyone who loves this country enough to uproot themselves and their families from their homelands and go through the process you describe is certainly worthy of being an American citizen. It's sad that so many American-born citizens take their citizenship for granted. John C. -----Original Message----- Sent: Thursday, January 17, 2002 12:10 PM I am currently a green card holder, so I guess I am one of the baffoons. It took me 3 years to get a green card and I had to have proof of employment before obtaining a workers visa. After one obtain a green card, you need to wait 5 years before you can become citizen, (if you marry a citizen, you have to wait 3 years), only then can you vote. So on average one can only vote after about 8 years. Don't know where you get the idea that people can vote right away. Furthermore, I am not elegible for welfare and social security. Only citizens are. But I still pay social security tax, which I do not have a problem with. This is a small price to pay to work in a stable country. Keep in mind, the general idea of immigrants working in the US is to fill jobs for which there are a shortage of skilled workers. And yes, there had to be a shortage. Before being able to get my green card, my job had to be advertised in a newspaper and only after there weren't qualifying applications from US citizens were it determined that there is a shortage for that particular skill. I am not sure how you consider filling shortages as hurting the country. You also cannot blame the INS for illegal immigrants working here. The INS had nothing to do with them. That is why they are illegal. I am sorry for going off the topic of the discussion list, but couldn't let this one slip by. Regards - Fanus --- Dan Forant wrote: > Please, let's not compare the immigrants of today > with the past. No > comparison. If you don't believe the INS has hurt > the Nation in general, > that's your right. This was a broad stroke > statement, not just about Miami, > but including Miami. > > DanF > ----- Original Message ----- > From: "Tom Worley" > To: > Sent: Thursday, January 17, 2002 1:23 AM > Subject: Re: [CANSLIM] Nasdaq Future is under water > .... > > > > Dan, having lived in Miami, FL for the past 18 > years, I take exception to > > your statements. > > > > The bulk of the immigrants that have settled here > are Cuban, and they are > > among the most hard working people I have met. > They are family oriented, > and > > welcome with open arms even very distant > relatives, or even friends or > > neighbors of distant relatives. They help find > them a place to live, they > > find them a job, they support them and ease the > transition into a new > > country and culture. > > > > I also believe one of the requirements to gain > resident alien status is > > proof of a job, or other means of support to > ensure welfare will not be an > > issue. > > > > I certainly would not be still living in the city > of Miami after 18 years > if > > I believe it was "ruined". > > > > Where did you get the notion that a recent > immigrant, legal or illegal, > was > > even allowed to vote? Are you forgetting that most > present day citizens of > > the USA were once an immigrant, or are descended > from an immigrant? Not a > > bad thing, I believe this cultural blend is what > has made this country so > > great, and made it value freedom so much. > > > > I would also note that typically only a very small > percentage of the > > citizens of the United States even bother to vote. > Guess the ones that > don't > > bother are baffoons as well? > > > > Tom Worley > > stkguru@netside.net > > AIM: TexWorley > > ----- Original Message ----- > > From: "Dan Forant" > > To: > > Sent: Wednesday, January 16, 2002 7:17 PM > > Subject: Re: [CANSLIM] Nasdaq Future is under > water .... > > > > > > > Fanus, > > > > > > It is a well known fact the last Administration > let in a bunch of > baffoons > > > mainly so they would enroll Democrat and vote. > Un-controlled borders > etc. > > > Carter did the same thing and ruined Miami Fla. > Most of these enrolled > > > immediately for welfare of sorts. Couldn't or > can't speak the language > let > > > alone have a trade of any sort. That doesn't > include the illegal ones > > > including those from the troubled Middle East. > > > > > > DanF > > > ----- Original Message ----- > > > From: "Fanus" > > > To: > > > Sent: Wednesday, January 16, 2002 4:28 PM > > > Subject: Re: [CANSLIM] Nasdaq Future is under > water .... > > > > > > > > > > Dan > > > > > > > > Please clarify your statement "The INS has > screwed up > > > > the makeup of our Country..." > > > > > > > > - Fanus > > > > > > > > --- Dan Forant wrote: > > > > > Glug,glug,glug, under water is right. Enron > may have > > > > > put the final nail in > > > > > the coffin for awhile. This combined with > future > > > > > bleak earnings spell > > > > > trouble ahead. Kmart bumbling along with > other bad > > > > > news such as the SEC's > > > > > inability to keep track of GIANTS have given > > > > > investors a bad taste. Congress > > > > > will bloat and gloat for months over Enron > and I > > > > > believe very little will be > > > > > done about it legally. Congress is part of > the > > > > > problem. Campaign $$$. The > > > > > INS has screwed up the makeup of our > Country, the > > > > > Government (SEC) may now > > > > > have set back our financial markets for > quite > > > > > awhile.. That's why a large > > > > > brokerage house recently said to be only 50% > > > > > invested. But then again > > > > > ........of course they would. > > > > > > > > > > DanF > > > > > > > > > > ----- Original Message ----- > > > > > From: "Andreas Himmelreich" > > > > > > To: > > > > > Sent: Wednesday, January 16, 2002 7:42 AM > > > > > Subject: [CANSLIM] Nasdaq Future is under > water .... > > > > > > > > > > > > > > > > Nasdaq Future is under water .... > > > > > > > > > > > > - > > > > > > -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!? > > > > Send FREE video emails in Yahoo! Mail! > > > > http://promo.yahoo.com/videomail/ > > > > > > > > - > > > > -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 > === message truncated === __________________________________________________ Do You Yahoo!? Send FREE video emails in Yahoo! Mail! http://promo.yahoo.com/videomail/ - -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. ------------------------------------------------------------------------------- From: "Boyd" Subject: Re: [CANSLIM] DYII Revisited--post analysis Date: 17 Jan 2002 18:23:04 GMT Crimony! Katherine you really should be teaching a course on investing at UT or ACC (Austin Community College). Maybe you'll be the next group member to get a call from IBD?? That was a very good summary on the DYII action. Thanks. Norm Katherine Malm writes: > DYII is a stock that came up for discussion on the list in early October. This is a stock that crossed my radar, but at the time I passed due to the poor chart action around 10/5. I have been watching it since and was interested in what the chart might have said prior to the failure yesterday. Here is what I saw that would have been sell signals for me: > > (1) 10/5/01--tail...ominous end to attempted breakout of an 11-1/2 week base. This is one of the reasons (along with due diligence) that I crossed it off the list. > (2) 10/8/01--gap down just before earnings-Co. press release says "short sellers at fault" That's the goofiest reasoning I've ever heard and was a red flag that these guys don't know what they're doing. I never like a gap down just before an earnings announcement. It's a big red flag. If it happens, I'll generally wait for a bounce in the next day or 2 that begins to reverse and will sell into strength. > (3) 11/26/01--Breakout from sloppy 7 wk base. So, let's say someone bought on this breakout...let's see what comes next... > (4) 11/28/01--Reversal that closes below low of previous day just after B/O---I would take at least 50% off the table on this sell rule. > (5) 12/10/01-12/12/01--3 days closing just at "pivot"--red flag....stock has retraced to pivot, but not a sell rule in and of itself. > (6) 1/3/02--promising action on high volume--ok, this action is acceptable, might be ok afterall...but still the red flags are there...more red flags and this one should be out of the portfolio. > (7) 1/8/02-1/9/02--high volume with no progress for 2 days in a row---last red flag in my book, if I'd held the last 50%, it would be gone here. > (8) 1/10/02--high volume tail that closes below low of previous day--if I'd lost focus and missed the last sell, this would be the next sell signal. > (9) 1/14/02--gaps down on earnings day (earnings announced after market close)--sell rule hit---if I'd lost focus and missed everything else...this would be it. > (10) 1/15/02--bounces, but leaves a tail on close---last chance for the exits, a little bounce while the bargain hunters move in. Sell. > (11) 1/16/02--resolution. 2:46 pm, just before market close, Herb Greenberg article at theStreet.com points out possible accounting shenanigans and goofy CEO/CFO nonresponse to income statement inquiries. If I'd missed everything else and this plunged, an open protective stop set for "catastrophic loss" would have caught this on the way down. > (12) 1/16/02--Company issues response to Greenberg article after market close. I still can't figure out why a CFO couldn't have answered these questions when they were asked. Maybe he learned accounting somewhere other than the US and is still learning. > > A chart with comments is posted at: > http://WallStreet-LLC.com/pub/DYII-PostAnal_011602.jpg > > Katherine > > - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Bill Triffet" Subject: Re: [CANSLIM] DYII Revisited--post analysis Date: 17 Jan 2002 10:37:35 -0800 Excellent analysis Katherine! The comment (2) about "short sellers at fault" should have been a big red flag. Excuse me if you've been asked this before here but your reference to "tails" in this and other posts has poked my interest as a way to track daily price moves. Is there a site or book you can recommend for study? Btw, as I stare at my Jan 11, IBD Weekend Review my thoughts are: "Why is it listed here?". -Bill ----- Original Message ----- Sent: Thursday, January 17, 2002 9:30 AM DYII is a stock that came up for discussion on the list in early October. This is a stock that crossed my radar, but at the time I passed due to the poor chart action around 10/5. I have been watching it since and was interested in what the chart might have said prior to the failure yesterday. Here is what I saw that would have been sell signals for me: (1) 10/5/01--tail...ominous end to attempted breakout of an 11-1/2 week base. This is one of the reasons (along with due diligence) that I crossed it off the list. (2) 10/8/01--gap down just before earnings-Co. press release says "short sellers at fault" That's the goofiest reasoning I've ever heard and was a red flag that these guys don't know what they're doing. I never like a gap down just before an earnings announcement. It's a big red flag. If it happens, I'll generally wait for a bounce in the next day or 2 that begins to reverse and will sell into strength. (3) 11/26/01--Breakout from sloppy 7 wk base. So, let's say someone bought on this breakout...let's see what comes next... (4) 11/28/01--Reversal that closes below low of previous day just after B/O---I would take at least 50% off the table on this sell rule. (5) 12/10/01-12/12/01--3 days closing just at "pivot"--red flag....stock has retraced to pivot, but not a sell rule in and of itself. (6) 1/3/02--promising action on high volume--ok, this action is acceptable, might be ok afterall...but still the red flags are there...more red flags and this one should be out of the portfolio. (7) 1/8/02-1/9/02--high volume with no progress for 2 days in a row---last red flag in my book, if I'd held the last 50%, it would be gone here. (8) 1/10/02--high volume tail that closes below low of previous day--if I'd lost focus and missed the last sell, this would be the next sell signal. (9) 1/14/02--gaps down on earnings day (earnings announced after market close)--sell rule hit---if I'd lost focus and missed everything else...this would be it. (10) 1/15/02--bounces, but leaves a tail on close---last chance for the exits, a little bounce while the bargain hunters move in. Sell. (11) 1/16/02--resolution. 2:46 pm, just before market close, Herb Greenberg article at theStreet.com points out possible accounting shenanigans and goofy CEO/CFO nonresponse to income statement inquiries. If I'd missed everything else and this plunged, an open protective stop set for "catastrophic loss" would have caught this on the way down. (12) 1/16/02--Company issues response to Greenberg article after market close. I still can't figure out why a CFO couldn't have answered these questions when they were asked. Maybe he learned accounting somewhere other than the US and is still learning. A chart with comments is posted at: http://WallStreet-LLC.com/pub/DYII-PostAnal_011602.jpg Katherine - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: AW: AW: [CANSLIM] ROOM Date: 17 Jan 2002 19:44:11 +0100 Of cause they differ, I have a different opinion then the analysts here .... for 2001: 0.20 0.26 0.27 --> 0.79, so they are going to make 0.10 in the 4th quarter??? Nope, from my point of view it will be much more ... Its one of these companies, that can commincate very, very well with the market, keeping guidance low, so there is always room to suprise ..., they always seem to be a bit overvalued. See you Andreas > -----Ursprungliche Nachricht----- > Von: Patrick Wahl [SMTP:pjwahl@attbi.com] > Gesendet am: Thursday, January 17, 2002 7:08 PM > An: canslim@lists.xmission.com > Betreff: Re: AW: [CANSLIM] ROOM > > Your estimate for this year (2001) and next year differ from the consensus > estimates I see at Quicken. They show .89 for 2001, and 1.00 for 2002. If that is a > close approximation to what the numbers actually come in at, then ROOM is > probably overvalued at this point. > > On 17 Jan 2002 at 18:45, Andreas Himmelreich wrote: > > > Hi Tom, > > > > What do you mean by soft year? > > > > Here the EPSs --> > > > > 0.2 > > 0.29 > > 0.69 > > 1 (my estimation for 2001) > > 1.5 (my estimation for 2002). > > > > Its a smal cap going to be a mid cap, no firm can perform as good as in the > > first years of growth, that slows like > > in all firms in this transistion phase. > > > > PE is moderate, I like the scalable business model. They surfed through > > 9/11 businesswise in a good way. > > > > Hotels need ROOM, they provide a secondary room market in order to get > > their hotels full on lower prices, while > > still selling normal rates to groups that are not price sensitive (business > > travel, not so smart shopers). > > > > Room is a marketer of hotel room capacity and if somthing hotels need in > > though times then it is > > to market their capacity on garanteed price levels in order to cover their > > fix costs. > > > > ROI 12%, no dept, MGM owns 59% of the company. > > > > 4 Earnings suprises the last 4 Quaters. > > > > Here a summary (http://biz.yahoo.com/p/r/room.html) > > > > > > Hotel Reservations Network, Inc. is a consolidator of hotel and other > > lodging accommodations. The Company contracts with lodging properties in > > advance for volume purchases and guaranteed availability of rooms at > > wholesale prices, and sells these rooms to consumers often at significant > > discounts to published rates. The Company's supply relationships also often > > allow it to offer customers accommodation alternatives for otherwise > > unavailable dates. In addition, through its wholly owned subsidiary, > > TravelNow.com Inc., the Company offers customers the ability to book hotel > > rooms, airline travel and car rentals. As of December 31, 2000, Hotel > > Reservations Network had room supply agreements with approximately 2,600 > > hotels in 97 major markets in North America, the Caribbean, Western Europe > > and Asia, as well as 113 vacation rental properties in 17 markets in North > > America and the Caribbean. > > > > > > "Hotel Reservations Network is an online consolidator of hotel > > accomodations, contracting with hotels in advance for volume purchases and > > guaranteed availability of hotel rooms at wholesale prices which are then > > sold to consumers. For the nine months ended 9/30/01, net revenues rose 73% > > to $394.8 million. Net income rose 43% to $8.1 million. Results reflect > > increased room sales through the Company's Internet sites, partially offset > > by higher non-cash marketing costs." > > > > Andreas > > > > > > > -----Ursprungliche Nachricht----- > > > Von: Tom Worley [SMTP:stkguru@netside.net] > > > Gesendet am: Thursday, January 17, 2002 5:45 PM > > > An: canslim@lists.xmission.com > > > Betreff: Re: [CANSLIM] ROOM > > > > > > Hi Andreas, > > > > > > I would be cautious with ROOM, great sequential sales growth not > > reflected > > > in sequential earnings growth. Year to year earnings comparisons nice, > > but > > > against a soft year. And with all that has happened since 9/11, hotels > > are > > > cutting prices to attract visitors and increase occupancy, and avoid > > laying > > > off staff or cutting services. > > > > > > So I would expect to see a continued erosion in their gross and net > > profit > > > margins. > > > > > > Tom Worley > > > stkguru@netside.net > > > AIM: TexWorley > > > ----- Original Message ----- > > > From: "Andreas Himmelreich" > > > To: > > > Sent: Thursday, January 17, 2002 11:34 AM > > > Subject: [CANSLIM] ROOM > > > > > > > > > > After this storm is over, Room might have built a nice CWH .... > > > > > > > > - > > > > -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. > > > > - > -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. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] DYII Revisited--post analysis Date: 17 Jan 2002 12:51:35 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_01CD_01C19F55.B2854700 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Thanks, Bill. There are more technical terms for what I call a tail. In candlestick = analysis there is a name for a "tail up" and a "tail down" but I always = forget their official names as I have no context for the terms. I tend = to use more personal words to describe price action and it unfortunately = doesn't always translate well. When I was a kid I used to chase and = catch pollywogs....thus my use of the term "tail." Tail down...pollywog = swimming south. Tail up....pollywog swimming north. My personal favorite site for learning more about technical analysis is = TradingMarkets.com. (excellent paid site-- http://www.tradingmarkets.com = ) Another with good technical chart reading lessons (free) is = StockCharts.com (http://stockcharts.com/education/index.html). For info = on candlesticks (free)--- http://www.litwick.com Katherine PS... re "Btw, as I stare at my Jan 11, IBD Weekend Review my thoughts = are: "Why is it listed here?" Exactly the reason I do my own homework. Interestingly, = the EPS/SMR/ROE numbers if used as a proxy for fundamental strength = would have told you this was ok. The high RS implies some form of = technical strength. BUT due diligence and good chart reading tell = another story. I don't think WON would advocate buying into such a = faulty pattern, so I understand why it showed up on the list, but would = otherwise be a "pass." ----- Original Message -----=20 From: Bill Triffet=20 To: canslim@lists.xmission.com=20 Sent: Thursday, January 17, 2002 12:37 PM Subject: Re: [CANSLIM] DYII Revisited--post analysis Excellent analysis Katherine! The comment (2) about "short sellers at = fault" should have been a big red flag. Excuse me if you've been asked this before here but your reference to "tails" in this and other posts has poked my interest as a way to = track daily price moves. Is there a site or book you can recommend for = study? Btw, as I stare at my Jan 11, IBD Weekend Review my thoughts are: "Why = is it listed here?". -Bill ----- Original Message ----- From: "Katherine Malm" To: Sent: Thursday, January 17, 2002 9:30 AM Subject: [CANSLIM] DYII Revisited--post analysis DYII is a stock that came up for discussion on the list in early = October. This is a stock that crossed my radar, but at the time I passed due to = the poor chart action around 10/5. I have been watching it since and was interested in what the chart might have said prior to the failure = yesterday. Here is what I saw that would have been sell signals for me: (1) 10/5/01--tail...ominous end to attempted breakout of an 11-1/2 = week base. This is one of the reasons (along with due diligence) that I = crossed it off the list. (2) 10/8/01--gap down just before earnings-Co. press release says = "short sellers at fault" That's the goofiest reasoning I've ever heard and = was a red flag that these guys don't know what they're doing. I never like a = gap down just before an earnings announcement. It's a big red flag. If it happens, I'll generally wait for a bounce in the next day or 2 that = begins to reverse and will sell into strength. (3) 11/26/01--Breakout from sloppy 7 wk base. So, let's say someone = bought on this breakout...let's see what comes next... (4) 11/28/01--Reversal that closes below low of previous day just = after B/O---I would take at least 50% off the table on this sell rule. (5) 12/10/01-12/12/01--3 days closing just at "pivot"--red = flag....stock has retraced to pivot, but not a sell rule in and of itself. (6) 1/3/02--promising action on high volume--ok, this action is = acceptable, might be ok afterall...but still the red flags are there...more red = flags and this one should be out of the portfolio. (7) 1/8/02-1/9/02--high volume with no progress for 2 days in a = row---last red flag in my book, if I'd held the last 50%, it would be gone here. (8) 1/10/02--high volume tail that closes below low of previous = day--if I'd lost focus and missed the last sell, this would be the next sell = signal. (9) 1/14/02--gaps down on earnings day (earnings announced after = market close)--sell rule hit---if I'd lost focus and missed everything = else...this would be it. (10) 1/15/02--bounces, but leaves a tail on close---last chance for = the exits, a little bounce while the bargain hunters move in. Sell. (11) 1/16/02--resolution. 2:46 pm, just before market close, Herb = Greenberg article at theStreet.com points out possible accounting shenanigans = and goofy CEO/CFO nonresponse to income statement inquiries. If I'd missed everything else and this plunged, an open protective stop set for "catastrophic loss" would have caught this on the way down. (12) 1/16/02--Company issues response to Greenberg article after = market close. I still can't figure out why a CFO couldn't have answered these questions when they were asked. Maybe he learned accounting somewhere = other than the US and is still learning. A chart with comments is posted at: http://WallStreet-LLC.com/pub/DYII-PostAnal_011602.jpg Katherine - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------=_NextPart_000_01CD_01C19F55.B2854700 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Thanks, Bill.
 
There are more technical terms for what I call a tail. In = candlestick=20 analysis there is a name for a "tail up" and a "tail down" but I always = forget=20 their official names as I have no context for the terms. I = tend to use=20 more personal words to describe price action and it unfortunately = doesn't always=20 translate well. When I was a kid I used to chase and catch = pollywogs....thus my=20 use of the term "tail." Tail down...pollywog swimming south. Tail = up....pollywog=20 swimming north.
 
My personal favorite site for learning more about technical = analysis is=20 TradingMarkets.com. (excellent paid site-- http://www.tradingmarkets.com = ) Another=20 with good technical chart reading lessons (free) is StockCharts.com (http://stockcharts.c= om/education/index.html).=20 For info on candlesticks (free)--- http://www.litwick.com
 
Katherine
 
PS... re "Btw, as I stare at my Jan 11, IBD Weekend Review my = thoughts are:=20 "Why is it
listed here?" Exactly the reason I do my own homework.=20 Interestingly, the EPS/SMR/ROE numbers if used as a proxy for = fundamental=20 strength would have told you this was ok. The high RS implies some form = of=20 technical strength. BUT due diligence and good chart reading tell = another story.=20 I don't think WON would advocate buying into such a faulty pattern, so I = understand why it showed up on the list, but would otherwise be a = "pass."
 
----- Original Message -----
From:=20 Bill=20 Triffet
Sent: Thursday, January 17, = 2002 12:37=20 PM
Subject: Re: [CANSLIM] DYII=20 Revisited--post analysis

Excellent analysis Katherine! The comment (2) about = "short=20 sellers at fault"
should have been a big red flag.
Excuse me if = you've=20 been asked this before here but your reference to
"tails" in this = and other=20 posts has poked my interest as a way to track
daily price moves. Is = there a=20 site or book you can recommend for study?

Btw, as I stare at my = Jan 11,=20 IBD Weekend Review my thoughts are: "Why is it
listed=20 here?".


-Bill
----- Original Message -----
From: = "Katherine=20 Malm" <kmalm@earthlink.net>
To: = <canslim@lists.xmission.com= >
Sent:=20 Thursday, January 17, 2002 9:30 AM
Subject: [CANSLIM] DYII = Revisited--post=20 analysis


DYII is a stock that came up for discussion on the = list in=20 early October.
This is a stock that crossed my radar, but at the = time I=20 passed due to the
poor chart action around 10/5. I have been = watching it=20 since and was
interested in what the chart might have said prior to = the=20 failure yesterday.
Here is what I saw that would have been sell = signals for=20 me:

(1) 10/5/01--tail...ominous end to attempted breakout of an = 11-1/2=20 week
base. This is one of the reasons (along with due diligence) = that I=20 crossed
it off the list.
(2) 10/8/01--gap down just before = earnings-Co.=20 press release says "short
sellers at fault" That's the goofiest = reasoning=20 I've ever heard and was a
red flag that these guys don't know what = they're=20 doing. I never like a gap
down just before an earnings = announcement. It's a=20 big red flag. If it
happens, I'll generally wait for a bounce in = the next=20 day or 2 that begins
to reverse and will sell into strength.
(3) = 11/26/01--Breakout from sloppy 7 wk base. So, let's say someone = bought
on=20 this breakout...let's see what comes next...
(4) 11/28/01--Reversal = that=20 closes below low of previous day just after
B/O---I would take at = least 50%=20 off the table on this sell rule.
(5) 12/10/01-12/12/01--3 days = closing just=20 at "pivot"--red flag....stock has
retraced to pivot, but not a sell = rule in=20 and of itself.
(6) 1/3/02--promising action on high volume--ok, = this action=20 is acceptable,
might be ok afterall...but still the red flags are=20 there...more red flags
and this one should be out of the = portfolio.
(7)=20 1/8/02-1/9/02--high volume with no progress for 2 days in a = row---last
red=20 flag in my book, if I'd held the last 50%, it would be gone = here.
(8)=20 1/10/02--high volume tail that closes below low of previous day--if=20 I'd
lost focus and missed the last sell, this would be the next = sell=20 signal.
(9) 1/14/02--gaps down on earnings day (earnings announced = after=20 market
close)--sell rule hit---if I'd lost focus and missed = everything=20 else...this
would be it.
(10) 1/15/02--bounces, but leaves a = tail on=20 close---last chance for the
exits, a little bounce while the = bargain=20 hunters move in. Sell.
(11) 1/16/02--resolution. 2:46 pm, just = before=20 market close, Herb Greenberg
article at theStreet.com points out = possible=20 accounting shenanigans and
goofy CEO/CFO nonresponse to income = statement=20 inquiries. If I'd missed
everything else and this plunged, an open=20 protective stop set for
"catastrophic loss" would have caught this = on the=20 way down.
(12) 1/16/02--Company issues response to Greenberg = article after=20 market
close. I still can't figure out why a CFO couldn't have = answered=20 these
questions when they were asked. Maybe he learned accounting = somewhere=20 other
than the US and is still learning.

A chart with = comments is=20 posted at:
http://Wa= llStreet-LLC.com/pub/DYII-PostAnal_011602.jpg

Katherine




-
-To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your email. ------=_NextPart_000_01CD_01C19F55.B2854700-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "david frank" Subject: Re: [CANSLIM] You've Been Sent An Article From The Onion Date: 17 Jan 2002 10:48:15 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_0057_01C19F44.77C97B10 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable The Onion | Infographickatherine, what do you mean by 3 red flags? by = the way, did you all receive my posting-yesterday-about cutting one's = loses? my email server-Charter-was down yesterday. my posting probably = wasn't that important anyway. thank you, david ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Thursday, January 17, 2002 10:00 AM Subject: Re: [CANSLIM] You've Been Sent An Article From The Onion LOL LOL LOL LOL!!!!!! I needed that this morning! I'm sitting here watching my MCAF plunge = into the depths of hell....Doing a post analysis and noting all the red = flags I saw and IGNORED over the last couple of weeks. Rewriting my sell = rules a bit so that it says 3 red flags =3D sell. Duh. Watching the last = 51% of gains disappear into cyberspace at the same time SYMC is sucking = all my dollars away. See me hitting my head on the desk?(next to my = iMac, BTW)...thump thump thump. Journal note: practice what you preach, = practice what you preach, practice what you preach, practice..... Katherine ----- Original Message -----=20 From: stkguru@netside.net=20 To: canslim@lists.xmission.com=20 Sent: Thursday, January 17, 2002 9:52 AM Subject: [CANSLIM] You've Been Sent An Article From The Onion Tom Worley at stkguru@netside.net has sent you an article from = The Onion, America's Finest News Source. =20 Tom Worley included the following message: With all the hype of new technology, I got a chuckle out of = this one. =20 =20 Infographic =20 =20 =20 Click here to download a printable version of this = chart in Adobe Acrobat PDF format.=20 If you do not already have a copy of the Adobe = Acrobat Reader, you can download a free copy of the Adobe Acrobat Reader = from Adobe's home-page. =20 =20 You can also see this article online: http://www.theonion.com/onion3801/infograph_3801.html The Onion=AE is not intended for readers under 18 years of = age. - -To subscribe/unsubscribe, email "majordomo@xmission.com" = -In the email body, write "subscribe canslim" or -"unsubscribe canslim". = Do not use quotes in your email.=20 =20 ------=_NextPart_000_0057_01C19F44.77C97B10 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable The Onion | Infographic
katherine, what do you mean by 3 red = flags? by the=20 way, did you all receive my posting-yesterday-about cutting one's loses? = my=20 email server-Charter-was down yesterday. my posting probably wasn't that = important anyway. thank you, david
----- Original Message -----
From:=20 Katherine=20 Malm
Sent: Thursday, January 17, = 2002 10:00=20 AM
Subject: Re: [CANSLIM] You've = Been Sent=20 An Article From The Onion

LOL LOL LOL LOL!!!!!!
 
I needed that this morning! I'm sitting here watching my MCAF = plunge into=20 the depths of hell....Doing a post analysis and noting all the red = flags I saw=20 and IGNORED over the last couple of weeks. Rewriting my sell rules a = bit so=20 that it says 3 red flags =3D sell. Duh. Watching the last 51% of gains = disappear=20 into cyberspace at the same time SYMC is sucking all my dollars away. = See me=20 hitting my head on the desk?(next to my iMac, BTW)...thump thump = thump.=20 Journal note: practice what you preach, practice what you preach, = practice=20 what you preach, practice.....
 
Katherine
----- Original Message -----
From:=20 stkguru@netside.net
Sent: Thursday, January 17, = 2002 9:52=20 AM
Subject: [CANSLIM] You've = Been Sent An=20 Article From The Onion

Infographic  =20
=
Click here=20 to download a printable version of this chart in = Adobe=20 Acrobat PDF format.
If you do not already have a copy of = the Adobe=20 Acrobat Reader, you can download a free copy of = the=20 Adobe Acrobat Reader from Adobe's = home-page.

You can also see this article online:
http://www= .theonion.com/onion3801/infograph_3801.html

The=20 Onion=AE is not intended for readers under 18 years of=20 age.
- -To subscribe/unsubscribe, email=20 "majordomo@xmission.com" -In the email body, write = "subscribe=20 canslim" or -"unsubscribe canslim". Do not use quotes in = your=20 email.
Tom=20 Worley at stkguru@netside.net=20 has sent you an article from The Onion, America's Finest News=20 Source.

Tom Worley included the following message:
With = all the hype=20 of new technology, I got a chuckle out of this one.=20


------=_NextPart_000_0057_01C19F44.77C97B10-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Gene Ricci Subject: Re: [CANSLIM] DYII Revisited--post analysis Date: 17 Jan 2002 13:35:06 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_0816_01C19F5B.C6C7AEA0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Topping Tail Bars - TT (Tail or Wick UP) Bars in which prices had been higher, then supply forced prices lower = into the lower part of the bars range. Pristine Tip: While there are different variations, the message is = always the same ! Distribution has occurred! Bottoming Tail Bars - BT (Tail or Wick DOWN) Bars in which prices had been lower, then demand forced prices higher = into the upper part of the bars range. Pristine Tip: While there are different variations, the message is = always the same ! Accumulation has occurred! ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Thursday, January 17, 2002 12:51 PM Subject: Re: [CANSLIM] DYII Revisited--post analysis Thanks, Bill. There are more technical terms for what I call a tail. In candlestick = analysis there is a name for a "tail up" and a "tail down" but I always = forget their official names as I have no context for the terms. I tend = to use more personal words to describe price action and it unfortunately = doesn't always translate well. When I was a kid I used to chase and = catch pollywogs....thus my use of the term "tail." Tail down...pollywog = swimming south. Tail up....pollywog swimming north. My personal favorite site for learning more about technical analysis = is TradingMarkets.com. (excellent paid site-- = http://www.tradingmarkets.com ) Another with good technical chart = reading lessons (free) is StockCharts.com = (http://stockcharts.com/education/index.html). For info on candlesticks = (free)--- http://www.litwick.com Katherine PS... re "Btw, as I stare at my Jan 11, IBD Weekend Review my thoughts = are: "Why is it listed here?" Exactly the reason I do my own homework. Interestingly, = the EPS/SMR/ROE numbers if used as a proxy for fundamental strength = would have told you this was ok. The high RS implies some form of = technical strength. BUT due diligence and good chart reading tell = another story. I don't think WON would advocate buying into such a = faulty pattern, so I understand why it showed up on the list, but would = otherwise be a "pass." ----- Original Message -----=20 From: Bill Triffet=20 To: canslim@lists.xmission.com=20 Sent: Thursday, January 17, 2002 12:37 PM Subject: Re: [CANSLIM] DYII Revisited--post analysis Excellent analysis Katherine! The comment (2) about "short sellers = at fault" should have been a big red flag. Excuse me if you've been asked this before here but your reference = to "tails" in this and other posts has poked my interest as a way to = track daily price moves. Is there a site or book you can recommend for = study? Btw, as I stare at my Jan 11, IBD Weekend Review my thoughts are: = "Why is it listed here?". -Bill ----- Original Message ----- From: "Katherine Malm" To: Sent: Thursday, January 17, 2002 9:30 AM Subject: [CANSLIM] DYII Revisited--post analysis DYII is a stock that came up for discussion on the list in early = October. This is a stock that crossed my radar, but at the time I passed due = to the poor chart action around 10/5. I have been watching it since and was interested in what the chart might have said prior to the failure = yesterday. Here is what I saw that would have been sell signals for me: (1) 10/5/01--tail...ominous end to attempted breakout of an 11-1/2 = week base. This is one of the reasons (along with due diligence) that I = crossed it off the list. (2) 10/8/01--gap down just before earnings-Co. press release says = "short sellers at fault" That's the goofiest reasoning I've ever heard and = was a red flag that these guys don't know what they're doing. I never like = a gap down just before an earnings announcement. It's a big red flag. If = it happens, I'll generally wait for a bounce in the next day or 2 that = begins to reverse and will sell into strength. (3) 11/26/01--Breakout from sloppy 7 wk base. So, let's say someone = bought on this breakout...let's see what comes next... (4) 11/28/01--Reversal that closes below low of previous day just = after B/O---I would take at least 50% off the table on this sell rule. (5) 12/10/01-12/12/01--3 days closing just at "pivot"--red = flag....stock has retraced to pivot, but not a sell rule in and of itself. (6) 1/3/02--promising action on high volume--ok, this action is = acceptable, might be ok afterall...but still the red flags are there...more red = flags and this one should be out of the portfolio. (7) 1/8/02-1/9/02--high volume with no progress for 2 days in a = row---last red flag in my book, if I'd held the last 50%, it would be gone = here. (8) 1/10/02--high volume tail that closes below low of previous = day--if I'd lost focus and missed the last sell, this would be the next sell = signal. (9) 1/14/02--gaps down on earnings day (earnings announced after = market close)--sell rule hit---if I'd lost focus and missed everything = else...this would be it. (10) 1/15/02--bounces, but leaves a tail on close---last chance for = the exits, a little bounce while the bargain hunters move in. Sell. (11) 1/16/02--resolution. 2:46 pm, just before market close, Herb = Greenberg article at theStreet.com points out possible accounting shenanigans = and goofy CEO/CFO nonresponse to income statement inquiries. If I'd = missed everything else and this plunged, an open protective stop set for "catastrophic loss" would have caught this on the way down. (12) 1/16/02--Company issues response to Greenberg article after = market close. I still can't figure out why a CFO couldn't have answered = these questions when they were asked. Maybe he learned accounting = somewhere other than the US and is still learning. A chart with comments is posted at: http://WallStreet-LLC.com/pub/DYII-PostAnal_011602.jpg Katherine - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------=_NextPart_000_0816_01C19F5B.C6C7AEA0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable

Topping Tail Bars - = TT     (Tail=20 or Wick UP)

Bars in which prices had been = higher,=20 then supply forced prices lower into the lower part of the bars=20 range.

Pristine Tip: While there are = different=20 variations, the message is always the same ! Distribution = has occurred!

 

Bottoming Tail Bars - BT (Tail or Wick=20 DOWN)

Bars in which prices had been = lower, then=20 demand forced prices higher into the upper part of the bars=20 range.

Pristine Tip: While there are = different=20 variations, the message is always the same ! Accumulation = has occurred!

 

 

----- Original Message -----
From:=20 Katherine=20 Malm
Sent: Thursday, January 17, = 2002 12:51=20 PM
Subject: Re: [CANSLIM] DYII=20 Revisited--post analysis

Thanks, Bill.
 
There are more technical terms for what I call a tail. In = candlestick=20 analysis there is a name for a "tail up" and a "tail down" but I = always forget=20 their official names as I have no context for the terms. I = tend to=20 use more personal words to describe price action and it unfortunately = doesn't=20 always translate well. When I was a kid I used to chase and catch=20 pollywogs....thus my use of the term "tail." Tail down...pollywog = swimming=20 south. Tail up....pollywog swimming north.
 
My personal favorite site for learning more about technical = analysis is=20 TradingMarkets.com. (excellent paid site-- http://www.tradingmarkets.com = )=20 Another with good technical chart reading lessons (free) is = StockCharts.com=20 (http://stockcharts.c= om/education/index.html).=20 For info on candlesticks (free)--- http://www.litwick.com
 
Katherine
 
PS... re "Btw, as I stare at my Jan 11, IBD Weekend Review my = thoughts=20 are: "Why is it
listed here?" Exactly the reason I do my own = homework.=20 Interestingly, the EPS/SMR/ROE numbers if used as a proxy for = fundamental=20 strength would have told you this was ok. The high RS implies some = form of=20 technical strength. BUT due diligence and good chart reading tell = another=20 story. I don't think WON would advocate buying into such a faulty = pattern, so=20 I understand why it showed up on the list, but would otherwise be a=20 "pass."
 
----- Original Message -----
From:=20 Bill=20 Triffet
Sent: Thursday, January 17, = 2002 12:37=20 PM
Subject: Re: [CANSLIM] DYII=20 Revisited--post analysis

Excellent analysis Katherine! The comment (2) about = "short=20 sellers at fault"
should have been a big red flag.
Excuse me = if you've=20 been asked this before here but your reference to
"tails" in this = and=20 other posts has poked my interest as a way to track
daily price = moves. Is=20 there a site or book you can recommend for study?

Btw, as I = stare at=20 my Jan 11, IBD Weekend Review my thoughts are: "Why is it
listed=20 here?".


-Bill
----- Original Message -----
From: = "Katherine=20 Malm" <kmalm@earthlink.net>
To: = <canslim@lists.xmission.com= >
Sent:=20 Thursday, January 17, 2002 9:30 AM
Subject: [CANSLIM] DYII=20 Revisited--post analysis


DYII is a stock that came up for = discussion on the list in early October.
This is a stock that = crossed my=20 radar, but at the time I passed due to the
poor chart action = around 10/5.=20 I have been watching it since and was
interested in what the = chart might=20 have said prior to the failure yesterday.
Here is what I saw that = would=20 have been sell signals for me:

(1) 10/5/01--tail...ominous = end to=20 attempted breakout of an 11-1/2 week
base. This is one of the = reasons=20 (along with due diligence) that I crossed
it off the list.
(2) = 10/8/01--gap down just before earnings-Co. press release says=20 "short
sellers at fault" That's the goofiest reasoning I've ever = heard=20 and was a
red flag that these guys don't know what they're doing. = I never=20 like a gap
down just before an earnings announcement. It's a big = red=20 flag. If it
happens, I'll generally wait for a bounce in the next = day or=20 2 that begins
to reverse and will sell into strength.
(3)=20 11/26/01--Breakout from sloppy 7 wk base. So, let's say someone = bought
on=20 this breakout...let's see what comes next...
(4) = 11/28/01--Reversal that=20 closes below low of previous day just after
B/O---I would take at = least=20 50% off the table on this sell rule.
(5) 12/10/01-12/12/01--3 = days=20 closing just at "pivot"--red flag....stock has
retraced to pivot, = but not=20 a sell rule in and of itself.
(6) 1/3/02--promising action on = high=20 volume--ok, this action is acceptable,
might be ok afterall...but = still=20 the red flags are there...more red flags
and this one should be = out of=20 the portfolio.
(7) 1/8/02-1/9/02--high volume with no progress = for 2 days=20 in a row---last
red flag in my book, if I'd held the last 50%, it = would=20 be gone here.
(8) 1/10/02--high volume tail that closes below low = of=20 previous day--if I'd
lost focus and missed the last sell, this = would be=20 the next sell signal.
(9) 1/14/02--gaps down on earnings day = (earnings=20 announced after market
close)--sell rule hit---if I'd lost focus = and=20 missed everything else...this
would be it.
(10) = 1/15/02--bounces, but=20 leaves a tail on close---last chance for the
exits, a little = bounce while=20 the bargain hunters move in. Sell.
(11) 1/16/02--resolution. 2:46 = pm,=20 just before market close, Herb Greenberg
article at theStreet.com = points=20 out possible accounting shenanigans and
goofy CEO/CFO nonresponse = to=20 income statement inquiries. If I'd missed
everything else and = this=20 plunged, an open protective stop set for
"catastrophic loss" = would have=20 caught this on the way down.
(12) 1/16/02--Company issues = response to=20 Greenberg article after market
close. I still can't figure out = why a CFO=20 couldn't have answered these
questions when they were asked. = Maybe he=20 learned accounting somewhere other
than the US and is still=20 learning.

A chart with comments is posted at:
http://Wa= llStreet-LLC.com/pub/DYII-PostAnal_011602.jpg

Katherine




-
-To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your = email.
------=_NextPart_000_0816_01C19F5B.C6C7AEA0-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Gyorgy Veszpremi Subject: Re: [CANSLIM] DYII Revisited--post analysis Date: 17 Jan 2002 13:43:46 -0600 --------------B96F9C08B7EBA25D64822686 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit It seems that one of the last few good looking charts (DFXI) is also breaking down. Gene Ricci wrote: > Topping Tail Bars - TT (Tail or Wick UP) > > Bars in which prices had been higher, then supply forced prices lower into the > lower part of the bars range. > > Pristine Tip: While there are different variations, the message is always the > same ! Distribution has occurred! > > > > Bottoming Tail Bars - BT (Tail or Wick DOWN) > > Bars in which prices had been lower, then demand forced prices higher into the > upper part of the bars range. > > Pristine Tip: While there are different variations, the message is always the > same ! Accumulation has occurred! > > > > > > ----- Original Message ----- > From: Katherine Malm > To: canslim@lists.xmission.com > Sent: Thursday, January 17, 2002 12:51 PM > Subject: Re: [CANSLIM] DYII Revisited--post analysis > Thanks, Bill. There are more technical terms for what I call a > tail. In candlestick analysis there is a name for a "tail up" and a > "tail down" but I always forget their official names as I have no > context for the terms. I tend to use more personal words to describe > price action and it unfortunately doesn't always translate well. > When I was a kid I used to chase and catch pollywogs....thus my use > of the term "tail." Tail down...pollywog swimming south. Tail > up....pollywog swimming north. My personal favorite site for > learning more about technical analysis is TradingMarkets.com. > (excellent paid site-- http://www.tradingmarkets.com ) Another with > good technical chart reading lessons (free) is StockCharts.com > (http://stockcharts.com/education/index.html). For info on > candlesticks (free)--- http://www.litwick.com Katherine PS... re > "Btw, as I stare at my Jan 11, IBD Weekend Review my thoughts are: > "Why is it > listed here?" Exactly the reason I do my own homework. > Interestingly, the EPS/SMR/ROE numbers if used as a proxy for > fundamental strength would have told you this was ok. The high RS > implies some form of technical strength. BUT due diligence and good > chart reading tell another story. I don't think WON would advocate > buying into such a faulty pattern, so I understand why it showed up > on the list, but would otherwise be a "pass." > > ----- Original Message ----- > From: Bill Triffet > To: canslim@lists.xmission.com > Sent: Thursday, January 17, 2002 12:37 PM > Subject: Re: [CANSLIM] DYII Revisited--post analysis > Excellent analysis Katherine! The comment (2) about > "short sellers at fault" > should have been a big red flag. > Excuse me if you've been asked this before here but your > reference to > "tails" in this and other posts has poked my interest as a > way to track > daily price moves. Is there a site or book you can > recommend for study? > > Btw, as I stare at my Jan 11, IBD Weekend Review my > thoughts are: "Why is it > listed here?". > > > -Bill > ----- Original Message ----- > From: "Katherine Malm" > To: > Sent: Thursday, January 17, 2002 9:30 AM > Subject: [CANSLIM] DYII Revisited--post analysis > > > DYII is a stock that came up for discussion on the list in > early October. > This is a stock that crossed my radar, but at the time I > passed due to the > poor chart action around 10/5. I have been watching it > since and was > interested in what the chart might have said prior to the > failure yesterday. > Here is what I saw that would have been sell signals for > me: > > (1) 10/5/01--tail...ominous end to attempted breakout of > an 11-1/2 week > base. This is one of the reasons (along with due > diligence) that I crossed > it off the list. > (2) 10/8/01--gap down just before earnings-Co. press > release says "short > sellers at fault" That's the goofiest reasoning I've ever > heard and was a > red flag that these guys don't know what they're doing. I > never like a gap > down just before an earnings announcement. It's a big red > flag. If it > happens, I'll generally wait for a bounce in the next day > or 2 that begins > to reverse and will sell into strength. > (3) 11/26/01--Breakout from sloppy 7 wk base. So, let's > say someone bought > on this breakout...let's see what comes next... > (4) 11/28/01--Reversal that closes below low of previous > day just after > B/O---I would take at least 50% off the table on this sell > rule. > (5) 12/10/01-12/12/01--3 days closing just at "pivot"--red > flag....stock has > retraced to pivot, but not a sell rule in and of itself. > (6) 1/3/02--promising action on high volume--ok, this > action is acceptable, > might be ok afterall...but still the red flags are > there...more red flags > and this one should be out of the portfolio. > (7) 1/8/02-1/9/02--high volume with no progress for 2 days > in a row---last > red flag in my book, if I'd held the last 50%, it would be > gone here. > (8) 1/10/02--high volume tail that closes below low of > previous day--if I'd > lost focus and missed the last sell, this would be the > next sell signal. > (9) 1/14/02--gaps down on earnings day (earnings announced > after market > close)--sell rule hit---if I'd lost focus and missed > everything else...this > would be it. > (10) 1/15/02--bounces, but leaves a tail on close---last > chance for the > exits, a little bounce while the bargain hunters move in. > Sell. > (11) 1/16/02--resolution. 2:46 pm, just before market > close, Herb Greenberg > article at theStreet.com points out possible accounting > shenanigans and > goofy CEO/CFO nonresponse to income statement inquiries. > If I'd missed > everything else and this plunged, an open protective stop > set for > "catastrophic loss" would have caught this on the way > down. > (12) 1/16/02--Company issues response to Greenberg article > after market > close. I still can't figure out why a CFO couldn't have > answered these > questions when they were asked. Maybe he learned > accounting somewhere other > than the US and is still learning. > > A chart with comments is posted at: > http://WallStreet-LLC.com/pub/DYII-PostAnal_011602.jpg > > Katherine > > > > > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. > --------------B96F9C08B7EBA25D64822686 Content-Type: text/html; charset=us-ascii Content-Transfer-Encoding: 7bit It seems that one of the last few good looking charts (DFXI) is also breaking down.

Gene Ricci wrote:

Topping Tail Bars - TT     (Tail or Wick UP)

Bars in which prices had been higher, then supply forced prices lower into the lower part of the bars range.

Pristine Tip: While there are different variations, the message is always the same ! Distribution has occurred!
 
 

Bottoming Tail Bars - BT (Tail or Wick DOWN)

Bars in which prices had been lower, then demand forced prices higher into the upper part of the bars range.

Pristine Tip: While there are different variations, the message is always the same ! Accumulation has occurred!
 
 
 
 

----- Original Message -----
Sent: Thursday, January 17, 2002 12:51 PM
Subject: Re: [CANSLIM] DYII Revisited--post analysis
 Thanks, Bill. There are more technical terms for what I call a tail. In candlestick analysis there is a name for a "tail up" and a "tail down" but I always forget their official names as I have no context for the terms. I tend to use more personal words to describe price action and it unfortunately doesn't always translate well. When I was a kid I used to chase and catch pollywogs....thus my use of the term "tail." Tail down...pollywog swimming south. Tail up....pollywog swimming north. My personal favorite site for learning more about technical analysis is TradingMarkets.com. (excellent paid site-- http://www.tradingmarkets.com ) Another with good technical chart reading lessons (free) is StockCharts.com (http://stockcharts.com/education/index.html). For info on candlesticks (free)--- http://www.litwick.com Katherine PS... re "Btw, as I stare at my Jan 11, IBD Weekend Review my thoughts are: "Why is it
listed here?" Exactly the reason I do my own homework. Interestingly, the EPS/SMR/ROE numbers if used as a proxy for fundamental strength would have told you this was ok. The high RS implies some form of technical strength. BUT due diligence and good chart reading tell another story. I don't think WON would advocate buying into such a faulty pattern, so I understand why it showed up on the list, but would otherwise be a "pass." 
----- Original Message -----
Sent: Thursday, January 17, 2002 12:37 PM
Subject: Re: [CANSLIM] DYII Revisited--post analysis
 Excellent analysis Katherine! The comment (2) about "short sellers at fault"
should have been a big red flag.
Excuse me if you've been asked this before here but your reference to
"tails" in this and other posts has poked my interest as a way to track
daily price moves. Is there a site or book you can recommend for study?

Btw, as I stare at my Jan 11, IBD Weekend Review my thoughts are: "Why is it
listed here?".
 

-Bill
----- Original Message -----
From: "Katherine Malm" <kmalm@earthlink.net>
To: <canslim@lists.xmission.com>
Sent: Thursday, January 17, 2002 9:30 AM
Subject: [CANSLIM] DYII Revisited--post analysis
 

DYII is a stock that came up for discussion on the list in early October.
This is a stock that crossed my radar, but at the time I passed due to the
poor chart action around 10/5. I have been watching it since and was
interested in what the chart might have said prior to the failure yesterday.
Here is what I saw that would have been sell signals for me:

(1) 10/5/01--tail...ominous end to attempted breakout of an 11-1/2 week
base. This is one of the reasons (along with due diligence) that I crossed
it off the list.
(2) 10/8/01--gap down just before earnings-Co. press release says "short
sellers at fault" That's the goofiest reasoning I've ever heard and was a
red flag that these guys don't know what they're doing. I never like a gap
down just before an earnings announcement. It's a big red flag. If it
happens, I'll generally wait for a bounce in the next day or 2 that begins
to reverse and will sell into strength.
(3) 11/26/01--Breakout from sloppy 7 wk base. So, let's say someone bought
on this breakout...let's see what comes next...
(4) 11/28/01--Reversal that closes below low of previous day just after
B/O---I would take at least 50% off the table on this sell rule.
(5) 12/10/01-12/12/01--3 days closing just at "pivot"--red flag....stock has
retraced to pivot, but not a sell rule in and of itself.
(6) 1/3/02--promising action on high volume--ok, this action is acceptable,
might be ok afterall...but still the red flags are there...more red flags
and this one should be out of the portfolio.
(7) 1/8/02-1/9/02--high volume with no progress for 2 days in a row---last
red flag in my book, if I'd held the last 50%, it would be gone here.
(8) 1/10/02--high volume tail that closes below low of previous day--if I'd
lost focus and missed the last sell, this would be the next sell signal.
(9) 1/14/02--gaps down on earnings day (earnings announced after market
close)--sell rule hit---if I'd lost focus and missed everything else...this
would be it.
(10) 1/15/02--bounces, but leaves a tail on close---last chance for the
exits, a little bounce while the bargain hunters move in. Sell.
(11) 1/16/02--resolution. 2:46 pm, just before market close, Herb Greenberg
article at theStreet.com points out possible accounting shenanigans and
goofy CEO/CFO nonresponse to income statement inquiries. If I'd missed
everything else and this plunged, an open protective stop set for
"catastrophic loss" would have caught this on the way down.
(12) 1/16/02--Company issues response to Greenberg article after market
close. I still can't figure out why a CFO couldn't have answered these
questions when they were asked. Maybe he learned accounting somewhere other
than the US and is still learning.

A chart with comments is posted at:
http://WallStreet-LLC.com/pub/DYII-PostAnal_011602.jpg

Katherine
 
 
 
 

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

--------------B96F9C08B7EBA25D64822686-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Dave Wulf Subject: RE: [CANSLIM] DYII Revisited--post analysis Date: 17 Jan 2002 13:53:44 -0600 I have a question(s) with regard to the Greenberg Article..... First is: How is it he (Greenberg),happened to sit in on this call? Second is: What if....just what if, there are no "accounting shenananigans" and the CFO and CEO are not making goofy responses/non-responses? And last a suggestion that he sit in on a conference call for his employer: The Street.Com (TSCM) sometime.....now there's a chart to analyze. Regards, Dave Wulf > ---------- > From: Gene Ricci[SMTP:genr@swbell.net] > Reply To: canslim@lists.xmission.com > Sent: Thursday, January 17, 2002 1:35 PM > To: canslim@lists.xmission.com > Subject: Re: [CANSLIM] DYII Revisited--post analysis > > Topping Tail Bars - TT (Tail or Wick UP) > > Bars in which prices had been higher, then supply forced prices lower into > the lower part of the bars range. > > Pristine Tip: While there are different variations, the message is always > the same ! Distribution has occurred! > > > > Bottoming Tail Bars - BT (Tail or Wick DOWN) > > Bars in which prices had been lower, then demand forced prices higher into > the upper part of the bars range. > > Pristine Tip: While there are different variations, the message is always > the same ! Accumulation has occurred! > > > > > > ----- Original Message ----- > From: Katherine Malm > To: canslim@lists.xmission.com > Sent: Thursday, January 17, 2002 12:51 PM > Subject: Re: [CANSLIM] DYII Revisited--post analysis > > Thanks, Bill. > > There are more technical terms for what I call a tail. In > candlestick analysis there is a name for a "tail up" and a "tail down" but > I always forget their official names as I have no context for the terms. I > tend to use more personal words to describe price action and it > unfortunately doesn't always translate well. When I was a kid I used to > chase and catch pollywogs....thus my use of the term "tail." Tail > down...pollywog swimming south. Tail up....pollywog swimming north. > > My personal favorite site for learning more about technical analysis > is TradingMarkets.com. (excellent paid site-- > http://www.tradingmarkets.com ) Another with good technical chart reading > lessons (free) is StockCharts.com ( > http://stockcharts.com/education/index.html). For info on candlesticks > (free)--- http://www.litwick.com > > Katherine > > PS... re "Btw, as I stare at my Jan 11, IBD Weekend Review my > thoughts are: "Why is it > listed here?" Exactly the reason I do my own homework. > Interestingly, the EPS/SMR/ROE numbers if used as a proxy for fundamental > strength would have told you this was ok. The high RS implies some form of > technical strength. BUT due diligence and good chart reading tell another > story. I don't think WON would advocate buying into such a faulty pattern, > so I understand why it showed up on the list, but would otherwise be a > "pass." > > > ----- Original Message ----- > From: Bill Triffet > To: canslim@lists.xmission.com > Sent: Thursday, January 17, 2002 12:37 PM > Subject: Re: [CANSLIM] DYII Revisited--post analysis > > Excellent analysis Katherine! The comment (2) about "short > sellers at fault" > should have been a big red flag. > Excuse me if you've been asked this before here but your > reference to > "tails" in this and other posts has poked my interest as a > way to track > daily price moves. Is there a site or book you can recommend > for study? > > Btw, as I stare at my Jan 11, IBD Weekend Review my thoughts > are: "Why is it > listed here?". > > > -Bill > ----- Original Message ----- > From: "Katherine Malm" < kmalm@earthlink.net> > To: < canslim@lists.xmission.com> > Sent: Thursday, January 17, 2002 9:30 AM > Subject: [CANSLIM] DYII Revisited--post analysis > > > DYII is a stock that came up for discussion on the list in > early October. > This is a stock that crossed my radar, but at the time I > passed due to the > poor chart action around 10/5. I have been watching it since > and was > interested in what the chart might have said prior to the > failure yesterday. > Here is what I saw that would have been sell signals for me: > > (1) 10/5/01--tail...ominous end to attempted breakout of an > 11-1/2 week > base. This is one of the reasons (along with due diligence) > that I crossed > it off the list. > (2) 10/8/01--gap down just before earnings-Co. press release > says "short > sellers at fault" That's the goofiest reasoning I've ever > heard and was a > red flag that these guys don't know what they're doing. I > never like a gap > down just before an earnings announcement. It's a big red > flag. If it > happens, I'll generally wait for a bounce in the next day or > 2 that begins > to reverse and will sell into strength. > (3) 11/26/01--Breakout from sloppy 7 wk base. So, let's say > someone bought > on this breakout...let's see what comes next... > (4) 11/28/01--Reversal that closes below low of previous day > just after > B/O---I would take at least 50% off the table on this sell > rule. > (5) 12/10/01-12/12/01--3 days closing just at "pivot"--red > flag....stock has > retraced to pivot, but not a sell rule in and of itself. > (6) 1/3/02--promising action on high volume--ok, this action > is acceptable, > might be ok afterall...but still the red flags are > there...more red flags > and this one should be out of the portfolio. > (7) 1/8/02-1/9/02--high volume with no progress for 2 days > in a row---last > red flag in my book, if I'd held the last 50%, it would be > gone here. > (8) 1/10/02--high volume tail that closes below low of > previous day--if I'd > lost focus and missed the last sell, this would be the next > sell signal. > (9) 1/14/02--gaps down on earnings day (earnings announced > after market > close)--sell rule hit---if I'd lost focus and missed > everything else...this > would be it. > (10) 1/15/02--bounces, but leaves a tail on close---last > chance for the > exits, a little bounce while the bargain hunters move in. > Sell. > (11) 1/16/02--resolution. 2:46 pm, just before market close, > Herb Greenberg > article at theStreet.com points out possible accounting > shenanigans and > goofy CEO/CFO nonresponse to income statement inquiries. If > I'd missed > everything else and this plunged, an open protective stop > set for > "catastrophic loss" would have caught this on the way down. > (12) 1/16/02--Company issues response to Greenberg article > after market > close. I still can't figure out why a CFO couldn't have > answered these > questions when they were asked. Maybe he learned accounting > somewhere other > than the US and is still learning. > > A chart with comments is posted at: > http://WallStreet-LLC.com/pub/DYII-PostAnal_011602.jpg > > Katherine > > > > > > - > -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. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: AW: [CANSLIM] DYII Revisited--post analysis Date: 17 Jan 2002 21:05:44 +0100 yep, just got kicked out (with a smal profit ...) > -----Ursprungliche Nachricht----- > Von: Gyorgy Veszpremi [SMTP:GyorgyV@rcmachine.com] > Gesendet am: Thursday, January 17, 2002 8:44 PM > An: canslim@lists.xmission.com > Betreff: Re: [CANSLIM] DYII Revisited--post analysis > > It seems that one of the last few good looking charts (DFXI) is also breaking > down. > > Gene Ricci wrote: > > > Topping Tail Bars - TT (Tail or Wick UP) > > > > Bars in which prices had been higher, then supply forced prices lower into the > > lower part of the bars range. > > > > Pristine Tip: While there are different variations, the message is always the > > same ! Distribution has occurred! > > > > > > > > Bottoming Tail Bars - BT (Tail or Wick DOWN) > > > > Bars in which prices had been lower, then demand forced prices higher into the > > upper part of the bars range. > > > > Pristine Tip: While there are different variations, the message is always the > > same ! Accumulation has occurred! > > > > > > > > > > > > ----- Original Message ----- > > From: Katherine Malm > > To: canslim@lists.xmission.com > > Sent: Thursday, January 17, 2002 12:51 PM > > Subject: Re: [CANSLIM] DYII Revisited--post analysis > > Thanks, Bill. There are more technical terms for what I call a > > tail. In candlestick analysis there is a name for a "tail up" and a > > "tail down" but I always forget their official names as I have no > > context for the terms. I tend to use more personal words to describe > > price action and it unfortunately doesn't always translate well. > > When I was a kid I used to chase and catch pollywogs....thus my use > > of the term "tail." Tail down...pollywog swimming south. Tail > > up....pollywog swimming north. My personal favorite site for > > learning more about technical analysis is TradingMarkets.com. > > (excellent paid site-- http://www.tradingmarkets.com ) Another with > > good technical chart reading lessons (free) is StockCharts.com > > (http://stockcharts.com/education/index.html). For info on > > candlesticks (free)--- http://www.litwick.com Katherine PS... re > > "Btw, as I stare at my Jan 11, IBD Weekend Review my thoughts are: > > "Why is it > > listed here?" Exactly the reason I do my own homework. > > Interestingly, the EPS/SMR/ROE numbers if used as a proxy for > > fundamental strength would have told you this was ok. The high RS > > implies some form of technical strength. BUT due diligence and good > > chart reading tell another story. I don't think WON would advocate > > buying into such a faulty pattern, so I understand why it showed up > > on the list, but would otherwise be a "pass." > > > > ----- Original Message ----- > > From: Bill Triffet > > To: canslim@lists.xmission.com > > Sent: Thursday, January 17, 2002 12:37 PM > > Subject: Re: [CANSLIM] DYII Revisited--post analysis > > Excellent analysis Katherine! The comment (2) about > > "short sellers at fault" > > should have been a big red flag. > > Excuse me if you've been asked this before here but your > > reference to > > "tails" in this and other posts has poked my interest as a > > way to track > > daily price moves. Is there a site or book you can > > recommend for study? > > > > Btw, as I stare at my Jan 11, IBD Weekend Review my > > thoughts are: "Why is it > > listed here?". > > > > > > -Bill > > ----- Original Message ----- > > From: "Katherine Malm" > > To: > > Sent: Thursday, January 17, 2002 9:30 AM > > Subject: [CANSLIM] DYII Revisited--post analysis > > > > > > DYII is a stock that came up for discussion on the list in > > early October. > > This is a stock that crossed my radar, but at the time I > > passed due to the > > poor chart action around 10/5. I have been watching it > > since and was > > interested in what the chart might have said prior to the > > failure yesterday. > > Here is what I saw that would have been sell signals for > > me: > > > > (1) 10/5/01--tail...ominous end to attempted breakout of > > an 11-1/2 week > > base. This is one of the reasons (along with due > > diligence) that I crossed > > it off the list. > > (2) 10/8/01--gap down just before earnings-Co. press > > release says "short > > sellers at fault" That's the goofiest reasoning I've ever > > heard and was a > > red flag that these guys don't know what they're doing. I > > never like a gap > > down just before an earnings announcement. It's a big red > > flag. If it > > happens, I'll generally wait for a bounce in the next day > > or 2 that begins > > to reverse and will sell into strength. > > (3) 11/26/01--Breakout from sloppy 7 wk base. So, let's > > say someone bought > > on this breakout...let's see what comes next... > > (4) 11/28/01--Reversal that closes below low of previous > > day just after > > B/O---I would take at least 50% off the table on this sell > > rule. > > (5) 12/10/01-12/12/01--3 days closing just at "pivot"--red > > flag....stock has > > retraced to pivot, but not a sell rule in and of itself. > > (6) 1/3/02--promising action on high volume--ok, this > > action is acceptable, > > might be ok afterall...but still the red flags are > > there...more red flags > > and this one should be out of the portfolio. > > (7) 1/8/02-1/9/02--high volume with no progress for 2 days > > in a row---last > > red flag in my book, if I'd held the last 50%, it would be > > gone here. > > (8) 1/10/02--high volume tail that closes below low of > > previous day--if I'd > > lost focus and missed the last sell, this would be the > > next sell signal. > > (9) 1/14/02--gaps down on earnings day (earnings announced > > after market > > close)--sell rule hit---if I'd lost focus and missed > > everything else...this > > would be it. > > (10) 1/15/02--bounces, but leaves a tail on close---last > > chance for the > > exits, a little bounce while the bargain hunters move in. > > Sell. > > (11) 1/16/02--resolution. 2:46 pm, just before market > > close, Herb Greenberg > > article at theStreet.com points out possible accounting > > shenanigans and > > goofy CEO/CFO nonresponse to income statement inquiries. > > If I'd missed > > everything else and this plunged, an open protective stop > > set for > > "catastrophic loss" would have caught this on the way > > down. > > (12) 1/16/02--Company issues response to Greenberg article > > after market > > close. I still can't figure out why a CFO couldn't have > > answered these > > questions when they were asked. Maybe he learned > > accounting somewhere other > > than the US and is still learning. > > > > A chart with comments is posted at: > > http://WallStreet-LLC.com/pub/DYII-PostAnal_011602.jpg > > > > Katherine > > > > > > > > > > > > - > > -To subscribe/unsubscribe, email "majordomo@xmission.com" > > -In the email body, write "subscribe canslim" or > > -"unsubscribe canslim". Do not use quotes in your email. > > > << Datei: ATT00013.htm >> - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Gyorgy Veszpremi Subject: Re: AW: [CANSLIM] DYII Revisited--post analysis Date: 17 Jan 2002 14:09:50 -0600 A small profit is still better than a loss. Andreas Himmelreich wrote: > yep, just got kicked out (with a smal profit ...) > > > -----Ursprungliche Nachricht----- > > Von: Gyorgy Veszpremi [SMTP:GyorgyV@rcmachine.com] > > Gesendet am: Thursday, January 17, 2002 8:44 PM > > An: canslim@lists.xmission.com > > Betreff: Re: [CANSLIM] DYII Revisited--post analysis > > > > It seems that one of the last few good looking charts (DFXI) is also breaking > > down. > > > > Gene Ricci wrote: > > > > > Topping Tail Bars - TT (Tail or Wick UP) > > > > > > Bars in which prices had been higher, then supply forced prices lower into the > > > lower part of the bars range. > > > > > > Pristine Tip: While there are different variations, the message is always the > > > same ! Distribution has occurred! > > > > > > > > > > > > Bottoming Tail Bars - BT (Tail or Wick DOWN) > > > > > > Bars in which prices had been lower, then demand forced prices higher into the > > > upper part of the bars range. > > > > > > Pristine Tip: While there are different variations, the message is always the > > > same ! Accumulation has occurred! > > > > > > > > > > > > > > > > > > ----- Original Message ----- > > > From: Katherine Malm > > > To: canslim@lists.xmission.com > > > Sent: Thursday, January 17, 2002 12:51 PM > > > Subject: Re: [CANSLIM] DYII Revisited--post analysis > > > Thanks, Bill. There are more technical terms for what I call a > > > tail. In candlestick analysis there is a name for a "tail up" and a > > > "tail down" but I always forget their official names as I have no > > > context for the terms. I tend to use more personal words to describe > > > price action and it unfortunately doesn't always translate well. > > > When I was a kid I used to chase and catch pollywogs....thus my use > > > of the term "tail." Tail down...pollywog swimming south. Tail > > > up....pollywog swimming north. My personal favorite site for > > > learning more about technical analysis is TradingMarkets.com. > > > (excellent paid site-- http://www.tradingmarkets.com ) Another with > > > good technical chart reading lessons (free) is StockCharts.com > > > (http://stockcharts.com/education/index.html). For info on > > > candlesticks (free)--- http://www.litwick.com Katherine PS... re > > > "Btw, as I stare at my Jan 11, IBD Weekend Review my thoughts are: > > > "Why is it > > > listed here?" Exactly the reason I do my own homework. > > > Interestingly, the EPS/SMR/ROE numbers if used as a proxy for > > > fundamental strength would have told you this was ok. The high RS > > > implies some form of technical strength. BUT due diligence and good > > > chart reading tell another story. I don't think WON would advocate > > > buying into such a faulty pattern, so I understand why it showed up > > > on the list, but would otherwise be a "pass." > > > > > > ----- Original Message ----- > > > From: Bill Triffet > > > To: canslim@lists.xmission.com > > > Sent: Thursday, January 17, 2002 12:37 PM > > > Subject: Re: [CANSLIM] DYII Revisited--post analysis > > > Excellent analysis Katherine! The comment (2) about > > > "short sellers at fault" > > > should have been a big red flag. > > > Excuse me if you've been asked this before here but your > > > reference to > > > "tails" in this and other posts has poked my interest as a > > > way to track > > > daily price moves. Is there a site or book you can > > > recommend for study? > > > > > > Btw, as I stare at my Jan 11, IBD Weekend Review my > > > thoughts are: "Why is it > > > listed here?". > > > > > > > > > -Bill > > > ----- Original Message ----- > > > From: "Katherine Malm" > > > To: > > > Sent: Thursday, January 17, 2002 9:30 AM > > > Subject: [CANSLIM] DYII Revisited--post analysis > > > > > > > > > DYII is a stock that came up for discussion on the list in > > > early October. > > > This is a stock that crossed my radar, but at the time I > > > passed due to the > > > poor chart action around 10/5. I have been watching it > > > since and was > > > interested in what the chart might have said prior to the > > > failure yesterday. > > > Here is what I saw that would have been sell signals for > > > me: > > > > > > (1) 10/5/01--tail...ominous end to attempted breakout of > > > an 11-1/2 week > > > base. This is one of the reasons (along with due > > > diligence) that I crossed > > > it off the list. > > > (2) 10/8/01--gap down just before earnings-Co. press > > > release says "short > > > sellers at fault" That's the goofiest reasoning I've ever > > > heard and was a > > > red flag that these guys don't know what they're doing. I > > > never like a gap > > > down just before an earnings announcement. It's a big red > > > flag. If it > > > happens, I'll generally wait for a bounce in the next day > > > or 2 that begins > > > to reverse and will sell into strength. > > > (3) 11/26/01--Breakout from sloppy 7 wk base. So, let's > > > say someone bought > > > on this breakout...let's see what comes next... > > > (4) 11/28/01--Reversal that closes below low of previous > > > day just after > > > B/O---I would take at least 50% off the table on this sell > > > rule. > > > (5) 12/10/01-12/12/01--3 days closing just at "pivot"--red > > > flag....stock has > > > retraced to pivot, but not a sell rule in and of itself. > > > (6) 1/3/02--promising action on high volume--ok, this > > > action is acceptable, > > > might be ok afterall...but still the red flags are > > > there...more red flags > > > and this one should be out of the portfolio. > > > (7) 1/8/02-1/9/02--high volume with no progress for 2 days > > > in a row---last > > > red flag in my book, if I'd held the last 50%, it would be > > > gone here. > > > (8) 1/10/02--high volume tail that closes below low of > > > previous day--if I'd > > > lost focus and missed the last sell, this would be the > > > next sell signal. > > > (9) 1/14/02--gaps down on earnings day (earnings announced > > > after market > > > close)--sell rule hit---if I'd lost focus and missed > > > everything else...this > > > would be it. > > > (10) 1/15/02--bounces, but leaves a tail on close---last > > > chance for the > > > exits, a little bounce while the bargain hunters move in. > > > Sell. > > > (11) 1/16/02--resolution. 2:46 pm, just before market > > > close, Herb Greenberg > > > article at theStreet.com points out possible accounting > > > shenanigans and > > > goofy CEO/CFO nonresponse to income statement inquiries. > > > If I'd missed > > > everything else and this plunged, an open protective stop > > > set for > > > "catastrophic loss" would have caught this on the way > > > down. > > > (12) 1/16/02--Company issues response to Greenberg article > > > after market > > > close. I still can't figure out why a CFO couldn't have > > > answered these > > > questions when they were asked. Maybe he learned > > > accounting somewhere other > > > than the US and is still learning. > > > > > > A chart with comments is posted at: > > > http://WallStreet-LLC.com/pub/DYII-PostAnal_011602.jpg > > > > > > Katherine > > > > > > > > > > > > > > > > > > - > > > -To subscribe/unsubscribe, email "majordomo@xmission.com" > > > -In the email body, write "subscribe canslim" or > > > -"unsubscribe canslim". Do not use quotes in your email. > > > > > << Datei: ATT00013.htm >> > > - > -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. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] DYII Revisited--post analysis Date: 17 Jan 2002 14:12:27 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_0015_01C19F60.FE5143E0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable I'd agree that these are questions worth asking. I think the primary = point to take from the post analysis is that the Greenberg article did = not happen at point number 1, but point number 11. The analysis ends = with the rebuttal by the company which means this is an ongoing saga. Most anybody can listen in on a conference call. Many of them are listed = on the web, some are webcast, others have 800 numbers you can call, some = are delay-cast on the web, and if you are signed up with the company's = IR, they will send you an email to let you know when the call will be = held and how to listen in. Herb may not have even listened in himself, = but might have read a transcript forwarded to him by one of his field = operatives. Afterall, the transcript and call are public record. Herb is a fundamental investigator/reporter....that's what he does for a = living . Before writing for theStreet.com he did exactly the same sort = of analysis for the San Francisco Chronicle. His articles carry great = weight in the investing community because he is so darn good at what he = does. Katherine ----- Original Message -----=20 From: Dave Wulf=20 To: 'canslim@lists.xmission.com'=20 Sent: Thursday, January 17, 2002 1:53 PM Subject: RE: [CANSLIM] DYII Revisited--post analysis I have a question(s) with regard to the Greenberg Article..... First = is: How is it he (Greenberg),happened to sit in on this call? Second is: What if....just what if, there are no "accounting shenananigans" and the = CFO and CEO are not making goofy responses/non-responses? And last a = suggestion that he sit in on a conference call for his employer: The Street.Com = (TSCM) sometime.....now there's a chart to analyze. Regards, Dave Wulf =20 > ---------- > From: Gene Ricci[SMTP:genr@swbell.net] > Reply To: canslim@lists.xmission.com > Sent: Thursday, January 17, 2002 1:35 PM > To: canslim@lists.xmission.com > Subject: Re: [CANSLIM] DYII Revisited--post analysis >=20 > Topping Tail Bars - TT (Tail or Wick UP) >=20 > Bars in which prices had been higher, then supply forced prices = lower into > the lower part of the bars range. >=20 > Pristine Tip: While there are different variations, the message is = always > the same ! Distribution has occurred! >=20 > =20 >=20 > Bottoming Tail Bars - BT (Tail or Wick DOWN) >=20 > Bars in which prices had been lower, then demand forced prices = higher into > the upper part of the bars range. >=20 > Pristine Tip: While there are different variations, the message is = always > the same ! Accumulation has occurred! >=20 > =20 >=20 > =20 >=20 > ----- Original Message -----=20 > From: Katherine Malm=20 > To: canslim@lists.xmission.com=20 > Sent: Thursday, January 17, 2002 12:51 PM > Subject: Re: [CANSLIM] DYII Revisited--post analysis >=20 > Thanks, Bill. >=20 > There are more technical terms for what I call a tail. In > candlestick analysis there is a name for a "tail up" and a "tail = down" but > I always forget their official names as I have no context for the = terms. I > tend to use more personal words to describe price action and it > unfortunately doesn't always translate well. When I was a kid I used = to > chase and catch pollywogs....thus my use of the term "tail." Tail > down...pollywog swimming south. Tail up....pollywog swimming north. >=20 > My personal favorite site for learning more about technical analysis > is TradingMarkets.com. (excellent paid site-- > http://www.tradingmarkets.com ) Another with good technical chart = reading > lessons (free) is StockCharts.com ( > http://stockcharts.com/education/index.html). For info on = candlesticks > (free)--- http://www.litwick.com >=20 > Katherine >=20 > PS... re "Btw, as I stare at my Jan 11, IBD Weekend Review my > thoughts are: "Why is it > listed here?" Exactly the reason I do my own homework. > Interestingly, the EPS/SMR/ROE numbers if used as a proxy for = fundamental > strength would have told you this was ok. The high RS implies some = form of > technical strength. BUT due diligence and good chart reading tell = another > story. I don't think WON would advocate buying into such a faulty = pattern, > so I understand why it showed up on the list, but would otherwise be = a > "pass." >=20 >=20 > ----- Original Message -----=20 > From: Bill Triffet=20 > To: canslim@lists.xmission.com=20 > Sent: Thursday, January 17, 2002 12:37 PM > Subject: Re: [CANSLIM] DYII Revisited--post analysis >=20 > Excellent analysis Katherine! The comment (2) about "short > sellers at fault" > should have been a big red flag. > Excuse me if you've been asked this before here but your > reference to > "tails" in this and other posts has poked my interest as a > way to track > daily price moves. Is there a site or book you can recommend > for study? >=20 > Btw, as I stare at my Jan 11, IBD Weekend Review my thoughts > are: "Why is it > listed here?". >=20 >=20 > -Bill > ----- Original Message ----- > From: "Katherine Malm" < kmalm@earthlink.net> > To: < canslim@lists.xmission.com> > Sent: Thursday, January 17, 2002 9:30 AM > Subject: [CANSLIM] DYII Revisited--post analysis >=20 >=20 > DYII is a stock that came up for discussion on the list in > early October. > This is a stock that crossed my radar, but at the time I > passed due to the > poor chart action around 10/5. I have been watching it since > and was > interested in what the chart might have said prior to the > failure yesterday. > Here is what I saw that would have been sell signals for me: >=20 > (1) 10/5/01--tail...ominous end to attempted breakout of an > 11-1/2 week > base. This is one of the reasons (along with due diligence) > that I crossed > it off the list. > (2) 10/8/01--gap down just before earnings-Co. press release > says "short > sellers at fault" That's the goofiest reasoning I've ever > heard and was a > red flag that these guys don't know what they're doing. I > never like a gap > down just before an earnings announcement. It's a big red > flag. If it > happens, I'll generally wait for a bounce in the next day or > 2 that begins > to reverse and will sell into strength. > (3) 11/26/01--Breakout from sloppy 7 wk base. So, let's say > someone bought > on this breakout...let's see what comes next... > (4) 11/28/01--Reversal that closes below low of previous day > just after > B/O---I would take at least 50% off the table on this sell > rule. > (5) 12/10/01-12/12/01--3 days closing just at "pivot"--red > flag....stock has > retraced to pivot, but not a sell rule in and of itself. > (6) 1/3/02--promising action on high volume--ok, this action > is acceptable, > might be ok afterall...but still the red flags are > there...more red flags > and this one should be out of the portfolio. > (7) 1/8/02-1/9/02--high volume with no progress for 2 days > in a row---last > red flag in my book, if I'd held the last 50%, it would be > gone here. > (8) 1/10/02--high volume tail that closes below low of > previous day--if I'd > lost focus and missed the last sell, this would be the next > sell signal. > (9) 1/14/02--gaps down on earnings day (earnings announced > after market > close)--sell rule hit---if I'd lost focus and missed > everything else...this > would be it. > (10) 1/15/02--bounces, but leaves a tail on close---last > chance for the > exits, a little bounce while the bargain hunters move in. > Sell. > (11) 1/16/02--resolution. 2:46 pm, just before market close, > Herb Greenberg > article at theStreet.com points out possible accounting > shenanigans and > goofy CEO/CFO nonresponse to income statement inquiries. If > I'd missed > everything else and this plunged, an open protective stop > set for > "catastrophic loss" would have caught this on the way down. > (12) 1/16/02--Company issues response to Greenberg article > after market > close. I still can't figure out why a CFO couldn't have > answered these > questions when they were asked. Maybe he learned accounting > somewhere other > than the US and is still learning. >=20 > A chart with comments is posted at: > http://WallStreet-LLC.com/pub/DYII-PostAnal_011602.jpg >=20 > Katherine >=20 >=20 >=20 >=20 >=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. >=20 >=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. ------=_NextPart_000_0015_01C19F60.FE5143E0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
I'd agree that these are questions worth asking. I think the = primary point=20 to take from the post analysis is that the Greenberg article did not = happen at=20 point number 1, but point number 11. The analysis ends with the rebuttal = by the=20 company which means this is an ongoing saga.
 
Most anybody can listen in on a conference call. Many of them are = listed on=20 the web, some are webcast, others have 800 numbers you can call, some = are=20 delay-cast on the web, and if you are signed up with the company's IR, = they will=20 send you an email to let you know when the call will be held and how to = listen=20 in. Herb may not have even listened in himself, but might have read a = transcript=20 forwarded to him by one of his field operatives. Afterall, the = transcript and=20 call are public record.
 
Herb is a fundamental investigator/reporter....that's what he does = for a=20 living . Before writing for theStreet.com he did exactly the same sort = of=20 analysis for the San Francisco Chronicle. His articles carry great = weight in the=20 investing community because he is so darn good at what he does.
 
Katherine
----- Original Message -----
From:=20 Dave = Wulf
Sent: Thursday, January 17, = 2002 1:53=20 PM
Subject: RE: [CANSLIM] DYII=20 Revisited--post analysis

I have a question(s) with regard to the Greenberg = Article.....=20 First is: How
is it he (Greenberg),happened to sit in on this call? = Second=20 is: What
if....just what if, there are no "accounting = shenananigans" and=20 the CFO and
CEO are not making goofy responses/non-responses?  = And=20 last a suggestion
that he sit in on a conference call for his = employer: The=20 Street.Com (TSCM)
sometime.....now there's a chart to = analyze. =20 Regards, Dave Wulf  

> ----------
> From: = Gene=20 Ricci[SMTP:genr@swbell.net]
> Reply To: canslim@lists.xmission.com=
>=20 Sent: Thursday, January 17, 2002 1:35 PM
> To: canslim@lists.xmission.com=
>=20 Subject: Re: [CANSLIM] DYII Revisited--post analysis
>
> = Topping=20 Tail Bars - TT     (Tail or Wick UP)
> =
> Bars=20 in which prices had been higher, then supply forced prices lower = into
>=20 the lower part of the bars range.
>
> Pristine Tip: While = there=20 are different variations, the message is always
> the same !=20 Distribution has occurred!
>
> 
>
> = Bottoming=20 Tail Bars - BT (Tail or Wick DOWN)
>
> Bars in which = prices had=20 been lower, then demand forced prices higher into
> the upper = part of=20 the bars range.
>
> Pristine Tip: While there are = different=20 variations, the message is always
> the same ! Accumulation has=20 occurred!
>
> 
>
> 
> =
>=20 ----- Original Message -----
> From: Katherine Malm
> = = href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com= =20
> Sent: Thursday, January 17, 2002 12:51 PM
> Subject: = Re:=20 [CANSLIM] DYII Revisited--post analysis
>
> Thanks, = Bill.
>=20
> There are more technical terms for what I call a tail. = In
>=20 candlestick analysis there is a name for a "tail up" and a "tail down" = but
> I always forget their official names as I have no context = for the=20 terms. I
> tend to use more personal words to describe price = action and=20 it
> unfortunately doesn't always translate well. When I was a = kid I=20 used to
> chase and catch pollywogs....thus my use of the term = "tail."=20 Tail
> down...pollywog swimming south. Tail up....pollywog = swimming=20 north.
>
> My personal favorite site for learning more = about=20 technical analysis
> is TradingMarkets.com. (excellent paid=20 site--
> http://www.tradingmarkets.com = )=20 Another with good technical chart reading
> lessons (free) is=20 StockCharts.com (
> http://stockcharts.c= om/education/index.html).=20 For info on candlesticks
> (free)--- http://www.litwick.com
> =
>=20 Katherine
>
> PS... re "Btw, as I stare at my Jan 11, IBD = Weekend=20 Review my
> thoughts are: "Why is it
> listed here?" = Exactly the=20 reason I do my own homework.
> Interestingly, the EPS/SMR/ROE = numbers if=20 used as a proxy for fundamental
> strength would have told you = this was=20 ok. The high RS implies some form of
> technical strength. BUT = due=20 diligence and good chart reading tell another
> story. I don't = think WON=20 would advocate buying into such a faulty pattern,
> so I = understand why=20 it showed up on the list, but would otherwise be a
> = "pass."
>=20
>
> ----- Original Message -----
> From: Bill = Triffet=20
> To: canslim@lists.xmission.com= =20
> Sent: Thursday, January 17, 2002 12:37 PM
> Subject: = Re:=20 [CANSLIM] DYII Revisited--post analysis
>
> Excellent = analysis=20 Katherine! The comment (2) about "short
> sellers at = fault"
>=20 should have been a big red flag.
> Excuse me if you've been = asked this=20 before here but your
> reference to
> "tails" in this and = other=20 posts has poked my interest as a
> way to track
> daily = price=20 moves. Is there a site or book you can recommend
> for = study?
>=20
> Btw, as I stare at my Jan 11, IBD Weekend Review my = thoughts
>=20 are: "Why is it
> listed here?".
>
>
> = -Bill
>=20 ----- Original Message -----
> From: "Katherine Malm" < kmalm@earthlink.net>
> = canslim@lists.xmission.com= >
>=20 Sent: Thursday, January 17, 2002 9:30 AM
> Subject: [CANSLIM] = DYII=20 Revisited--post analysis
>
>
> DYII is a stock = that came=20 up for discussion on the list in
> early October.
> This = is a=20 stock that crossed my radar, but at the time I
> passed due to=20 the
> poor chart action around 10/5. I have been watching it=20 since
> and was
> interested in what the chart might have = said=20 prior to the
> failure yesterday.
> Here is what I saw = that would=20 have been sell signals for me:
>
> (1) = 10/5/01--tail...ominous=20 end to attempted breakout of an
> 11-1/2 week
> base. This = is one=20 of the reasons (along with due diligence)
> that I = crossed
> it=20 off the list.
> (2) 10/8/01--gap down just before earnings-Co. = press=20 release
> says "short
> sellers at fault" That's the = goofiest=20 reasoning I've ever
> heard and was a
> red flag that = these guys=20 don't know what they're doing. I
> never like a gap
> down = just=20 before an earnings announcement. It's a big red
> flag. If = it
>=20 happens, I'll generally wait for a bounce in the next day or
> 2 = that=20 begins
> to reverse and will sell into strength.
> (3)=20 11/26/01--Breakout from sloppy 7 wk base. So, let's say
> = someone=20 bought
> on this breakout...let's see what comes next...
> = (4)=20 11/28/01--Reversal that closes below low of previous day
> just=20 after
> B/O---I would take at least 50% off the table on this=20 sell
> rule.
> (5) 12/10/01-12/12/01--3 days closing just = at=20 "pivot"--red
> flag....stock has
> retraced to pivot, but = not a=20 sell rule in and of itself.
> (6) 1/3/02--promising action on = high=20 volume--ok, this action
> is acceptable,
> might be ok=20 afterall...but still the red flags are
> there...more red = flags
>=20 and this one should be out of the portfolio.
> (7) = 1/8/02-1/9/02--high=20 volume with no progress for 2 days
> in a row---last
> red = flag in=20 my book, if I'd held the last 50%, it would be
> gone = here.
> (8)=20 1/10/02--high volume tail that closes below low of
> previous = day--if=20 I'd
> lost focus and missed the last sell, this would be the=20 next
> sell signal.
> (9) 1/14/02--gaps down on earnings = day=20 (earnings announced
> after market
> close)--sell rule = hit---if=20 I'd lost focus and missed
> everything else...this
> would = be=20 it.
> (10) 1/15/02--bounces, but leaves a tail on = close---last
>=20 chance for the
> exits, a little bounce while the bargain = hunters move=20 in.
> Sell.
> (11) 1/16/02--resolution. 2:46 pm, just = before=20 market close,
> Herb Greenberg
> article at theStreet.com = points=20 out possible accounting
> shenanigans and
> goofy CEO/CFO=20 nonresponse to income statement inquiries. If
> I'd = missed
>=20 everything else and this plunged, an open protective stop
> set=20 for
> "catastrophic loss" would have caught this on the way=20 down.
> (12) 1/16/02--Company issues response to Greenberg=20 article
> after market
> close. I still can't figure out = why a CFO=20 couldn't have
> answered these
> questions when they were = asked.=20 Maybe he learned accounting
> somewhere other
> than the = US and is=20 still learning.
>
> A chart with comments is posted = at:
>=20 http://Wa= llStreet-LLC.com/pub/DYII-PostAnal_011602.jpg
>=20
> Katherine
>
>
>
>
> =
>=20 -
> -To subscribe/unsubscribe, email " majordomo@xmission.com"
>= ; -In=20 the email body, write "subscribe canslim" or
> -"unsubscribe=20 canslim".  Do not use quotes in your email.
>
>=20

-
-To subscribe/unsubscribe, email "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your email. ------=_NextPart_000_0015_01C19F60.FE5143E0-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Spencer48@aol.com Subject: Re: [CANSLIM] MCAF Date: 17 Jan 2002 15:17:20 EST Gyorgy: Good point. WON has said-to paraphrase-that when the Market drops on Good News then it's a bad omen. In today's Big Picture, IBD notes that E-Bay, even though it beat earnings estimates lost ground-about 5%-yesterday. Also, today's Big Picture observes that in the summer of 2000 when earnings reports were nice, the Market began stuttering from its short-term Bull Rally. The Lesson (as far as I'm concerned): PAY HEED WHEN THE MARKET'S TALKING. Tim was right (I don't believe I'm putting words in his mouth) when he noted that the market was giving signals as to its weakness with all its distribution days. Sorry about MCAF, Katherine. We've all been there (hope I never have to go wherever "there" is ever again-it's more painful than the woodshed!) jans In a message dated 1/17/2002 12:11:09 PM Eastern Standard Time, GyorgyV@rcmachine.com writes: << Unfortunately, nowadays any every news that is not excellent can decimate a stock. Katherine Malm wrote: > Understood...all the sell signals were there...just lost focus....more in the > post analysis >> - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: AW: [CANSLIM] MCAF Date: 17 Jan 2002 21:31:06 +0100 So who is in cash by now? > -----Ursprungliche Nachricht----- > Von: Spencer48@aol.com [SMTP:Spencer48@aol.com] > Gesendet am: Thursday, January 17, 2002 9:17 PM > An: canslim@lists.xmission.com > Betreff: Re: [CANSLIM] MCAF > > Gyorgy: > > Good point. WON has said-to paraphrase-that when the Market drops on > Good News then it's a bad omen. In today's Big Picture, IBD notes that > E-Bay, even though it beat earnings estimates lost ground-about 5%-yesterday. > Also, today's Big Picture observes that in the summer of 2000 when earnings > reports were nice, the Market began stuttering from its short-term Bull > Rally. The Lesson (as far as I'm concerned): PAY HEED WHEN THE MARKET'S > TALKING. Tim was right (I don't believe I'm putting words in his mouth) when > he noted that the market was giving signals as to its weakness with all its > distribution days. > > Sorry about MCAF, Katherine. We've all been there (hope I never have to > go wherever "there" is ever again-it's more painful than the woodshed!) > > jans > > > In a message dated 1/17/2002 12:11:09 PM Eastern Standard Time, > GyorgyV@rcmachine.com writes: > > << Unfortunately, nowadays any every news that is not excellent can decimate a > stock. > > Katherine Malm wrote: > > > Understood...all the sell signals were there...just lost focus....more in > the > > post analysis >> > > - > -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. ------------------------------------------------------------------------------- From: Gyorgy Veszpremi Subject: Re: [CANSLIM] MCAF Date: 17 Jan 2002 14:28:25 -0600 Thank you Jans. Spencer48@aol.com wrote: > Gyorgy: > > Good point. WON has said-to paraphrase-that when the Market drops on > Good News then it's a bad omen. In today's Big Picture, IBD notes that > E-Bay, even though it beat earnings estimates lost ground-about 5%-yesterday. > Also, today's Big Picture observes that in the summer of 2000 when earnings > reports were nice, the Market began stuttering from its short-term Bull > Rally. The Lesson (as far as I'm concerned): PAY HEED WHEN THE MARKET'S > TALKING. Tim was right (I don't believe I'm putting words in his mouth) when > he noted that the market was giving signals as to its weakness with all its > distribution days. > > Sorry about MCAF, Katherine. We've all been there (hope I never have to > go wherever "there" is ever again-it's more painful than the woodshed!) > > jans > > In a message dated 1/17/2002 12:11:09 PM Eastern Standard Time, > GyorgyV@rcmachine.com writes: > > << Unfortunately, nowadays any every news that is not excellent can decimate a > stock. > > Katherine Malm wrote: > > > Understood...all the sell signals were there...just lost focus....more in > the > > post analysis >> > > - > -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. ------------------------------------------------------------------------------- From: "Bill Triffet" Subject: Re: [CANSLIM] DYII Revisited--post analysis Date: 17 Jan 2002 12:38:13 -0800 Thanks for the links! The stockcharts site looks very easy to follow so I'll begin there. : ) -Bill ----- Original Message ----- Sent: Thursday, January 17, 2002 10:51 AM Thanks, Bill. There are more technical terms for what I call a tail. In candlestick analysis there is a name for a "tail up" and a "tail down" but I always forget their official names as I have no context for the terms. I tend to use more personal words to describe price action and it unfortunately doesn't always translate well. When I was a kid I used to chase and catch pollywogs....thus my use of the term "tail." Tail down...pollywog swimming south. Tail up....pollywog swimming north. My personal favorite site for learning more about technical analysis is TradingMarkets.com. (excellent paid site-- http://www.tradingmarkets.com ) Another with good technical chart reading lessons (free) is StockCharts.com (http://stockcharts.com/education/index.html). For info on candlesticks (free)--- http://www.litwick.com Katherine PS... re "Btw, as I stare at my Jan 11, IBD Weekend Review my thoughts are: "Why is it listed here?" Exactly the reason I do my own homework. Interestingly, the EPS/SMR/ROE numbers if used as a proxy for fundamental strength would have told you this was ok. The high RS implies some form of technical strength. BUT due diligence and good chart reading tell another story. I don't think WON would advocate buying into such a faulty pattern, so I understand why it showed up on the list, but would otherwise be a "pass." - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Gyorgy Veszpremi Subject: Re: AW: [CANSLIM] MCAF Date: 17 Jan 2002 14:40:22 -0600 I am mostly that way. In July of 1998 and 1999 I was 95% in cash within 2 days of market top (Of course I have learned about that being market top only a few weeks later. In March 2000 it was perhaps one week after the top that I was fully out. I have been in and out ever since, although it is becoming more and more difficult to decide because of increased volatility in the market. Right now (based on today's market) I am not fully convinced that we have reached a near term top but it certainly looked that way yesterday. Andreas Himmelreich wrote: > So who is in cash by now? > > > -----Ursprungliche Nachricht----- > > Von: Spencer48@aol.com [SMTP:Spencer48@aol.com] > > Gesendet am: Thursday, January 17, 2002 9:17 PM > > An: canslim@lists.xmission.com > > Betreff: Re: [CANSLIM] MCAF > > > > Gyorgy: > > > > Good point. WON has said-to paraphrase-that when the Market drops on > > Good News then it's a bad omen. In today's Big Picture, IBD notes that > > E-Bay, even though it beat earnings estimates lost ground-about 5%-yesterday. > > Also, today's Big Picture observes that in the summer of 2000 when earnings > > reports were nice, the Market began stuttering from its short-term Bull > > Rally. The Lesson (as far as I'm concerned): PAY HEED WHEN THE MARKET'S > > TALKING. Tim was right (I don't believe I'm putting words in his mouth) when > > he noted that the market was giving signals as to its weakness with all its > > distribution days. > > > > Sorry about MCAF, Katherine. We've all been there (hope I never have to > > go wherever "there" is ever again-it's more painful than the woodshed!) > > > > jans > > > > > > In a message dated 1/17/2002 12:11:09 PM Eastern Standard Time, > > GyorgyV@rcmachine.com writes: > > > > << Unfortunately, nowadays any every news that is not excellent can decimate a > > stock. > > > > Katherine Malm wrote: > > > > > Understood...all the sell signals were there...just lost focus....more in > > the > > > post analysis >> > > > > - > > -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. ------------------------------------------------------------------------------- From: Mendheart@aol.com Subject: Re: [CANSLIM] DYII Revisited--post analysis Date: 17 Jan 2002 16:41:01 EST --part1_16d.74ea23c.29789eed_boundary Content-Type: text/plain; charset="US-ASCII" Content-Transfer-Encoding: 7bit Katherine, Thanks for the overview and analysis for DYII. Maybe I missed it sometime back but can you advise as to your background. Not to get personal but I'm interested in your affiliation with WallStreet-LLC. With Best Regards, mendheart@aol.com (Denny) --part1_16d.74ea23c.29789eed_boundary Content-Type: text/html; charset="US-ASCII" Content-Transfer-Encoding: 7bit Katherine,

Thanks for the overview and analysis for DYII.  Maybe I missed it sometime back but can you advise as to your background.  Not to get personal but I'm interested in your affiliation with WallStreet-LLC.

With Best Regards,

mendheart@aol.com (Denny) --part1_16d.74ea23c.29789eed_boundary-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] DYII Revisited--post analysis Date: 17 Jan 2002 15:49:19 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_0082_01C19F6E.86702540 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi Denny, Thanks for the kind words. I have no affiliation with WallStreet-LLC. = This is the Jeff Salisbury's site, the CANSLIM list's host. Katherine ----- Original Message -----=20 From: Mendheart@aol.com=20 To: canslim@lists.xmission.com=20 Sent: Thursday, January 17, 2002 3:41 PM Subject: Re: [CANSLIM] DYII Revisited--post analysis Katherine,=20 Thanks for the overview and analysis for DYII. Maybe I missed it = sometime back but can you advise as to your background. Not to get = personal but I'm interested in your affiliation with WallStreet-LLC.=20 With Best Regards,=20 mendheart@aol.com (Denny)=20 ------=_NextPart_000_0082_01C19F6E.86702540 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Hi Denny,
 
Thanks for the kind words. I have no affiliation with = WallStreet-LLC. This=20 is the Jeff Salisbury's site, the CANSLIM list's host.
 
Katherine
----- Original Message -----
From:=20 Mendheart@aol.com
Sent: Thursday, January 17, = 2002 3:41=20 PM
Subject: Re: [CANSLIM] DYII=20 Revisited--post analysis

Katherine,=20

Thanks for the overview and analysis for DYII.  Maybe I = missed it=20 sometime back but can you advise as to your background.  Not to = get=20 personal but I'm interested in your affiliation with WallStreet-LLC.=20

With Best Regards,

mendheart@aol.com (Denny) = ------=_NextPart_000_0082_01C19F6E.86702540-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tim Fisher" Subject: Re: [CANSLIM] DYII Revisited--post analysis Date: 17 Jan 2002 14:31:57 -0800 Herb is a GOD. He killed me on a stock way back when and that is when I started to pay attention to him. At 02:12 PM 1/17/2002 -0600, you wrote: >I'd agree that these are questions worth asking. I think the primary point >to take from the post analysis is that the Greenberg article did not >happen at point number 1, but point number 11. The analysis ends with the >rebuttal by the company which means this is an ongoing saga. > >Most anybody can listen in on a conference call. Many of them are listed >on the web, some are webcast, others have 800 numbers you can call, some >are delay-cast on the web, and if you are signed up with the company's IR, >they will send you an email to let you know when the call will be held and >how to listen in. Herb may not have even listened in himself, but might >have read a transcript forwarded to him by one of his field operatives. >Afterall, the transcript and call are public record. > >Herb is a fundamental investigator/reporter....that's what he does for a >living . Before writing for theStreet.com he did exactly the same sort of >analysis for the San Francisco Chronicle. His articles carry great weight >in the investing community because he is so darn good at what he does. > >Katherine >----- Original Message ----- >From: Dave Wulf >To: 'canslim@lists.xmission.com' >Sent: Thursday, January 17, 2002 1:53 PM >Subject: RE: [CANSLIM] DYII Revisited--post analysis > >I have a question(s) with regard to the Greenberg Article..... First is: How >is it he (Greenberg),happened to sit in on this call? Second is: What >if....just what if, there are no "accounting shenananigans" and the CFO and >CEO are not making goofy responses/non-responses? And last a suggestion >that he sit in on a conference call for his employer: The Street.Com (TSCM) >sometime.....now there's a chart to analyze. Regards, Dave Wulf > > > ---------- > > From: Gene Ricci[SMTP:genr@swbell.net] > > Reply To: canslim@lists.xmission.com > > Sent: Thursday, January 17, 2002 1:35 PM > > To: canslim@lists.xmission.com > > Subject: Re: [CANSLIM] DYII Revisited--post analysis > > > > Topping Tail Bars - TT (Tail or Wick UP) > > > > Bars in which prices had been higher, then supply forced prices lower into > > the lower part of the bars range. > > > > Pristine Tip: While there are different variations, the message is always > > the same ! Distribution has occurred! > > > > > > > > Bottoming Tail Bars - BT (Tail or Wick DOWN) > > > > Bars in which prices had been lower, then demand forced prices higher into > > the upper part of the bars range. > > > > Pristine Tip: While there are different variations, the message is always > > the same ! Accumulation has occurred! > > > > > > > > > > > > ----- Original Message ----- > > From: Katherine Malm > > To: canslim@lists.xmission.com > > Sent: Thursday, January 17, 2002 12:51 PM > > Subject: Re: [CANSLIM] DYII Revisited--post analysis > > > > Thanks, Bill. > > > > There are more technical terms for what I call a tail. In > > candlestick analysis there is a name for a "tail up" and a "tail down" but > > I always forget their official names as I have no context for the terms. I > > tend to use more personal words to describe price action and it > > unfortunately doesn't always translate well. When I was a kid I used to > > chase and catch pollywogs....thus my use of the term "tail." Tail > > down...pollywog swimming south. Tail up....pollywog swimming north. > > > > My personal favorite site for learning more about technical analysis > > is TradingMarkets.com. (excellent paid site-- > > http://www.tradingmarkets.com ) Another > with good technical chart reading > > lessons (free) is StockCharts.com ( > > > http://stockcharts.com/education/index.html). > For info on candlesticks > > (free)--- http://www.litwick.com > > > > Katherine > > > > PS... re "Btw, as I stare at my Jan 11, IBD Weekend Review my > > thoughts are: "Why is it > > listed here?" Exactly the reason I do my own homework. > > Interestingly, the EPS/SMR/ROE numbers if used as a proxy for fundamental > > strength would have told you this was ok. The high RS implies some form of > > technical strength. BUT due diligence and good chart reading tell another > > story. I don't think WON would advocate buying into such a faulty pattern, > > so I understand why it showed up on the list, but would otherwise be a > > "pass." > > > > > > ----- Original Message ----- > > From: Bill Triffet > > To: canslim@lists.xmission.com > > Sent: Thursday, January 17, 2002 12:37 PM > > Subject: Re: [CANSLIM] DYII Revisited--post analysis > > > > Excellent analysis Katherine! The comment (2) about "short > > sellers at fault" > > should have been a big red flag. > > Excuse me if you've been asked this before here but your > > reference to > > "tails" in this and other posts has poked my interest as a > > way to track > > daily price moves. Is there a site or book you can recommend > > for study? > > > > Btw, as I stare at my Jan 11, IBD Weekend Review my thoughts > > are: "Why is it > > listed here?". > > > > > > -Bill > > ----- Original Message ----- > > From: "Katherine Malm" < kmalm@earthlink.net> > > To: < canslim@lists.xmission.com> > > Sent: Thursday, January 17, 2002 9:30 AM > > Subject: [CANSLIM] DYII Revisited--post analysis > > > > > > DYII is a stock that came up for discussion on the list in > > early October. > > This is a stock that crossed my radar, but at the time I > > passed due to the > > poor chart action around 10/5. I have been watching it since > > and was > > interested in what the chart might have said prior to the > > failure yesterday. > > Here is what I saw that would have been sell signals for me: > > > > (1) 10/5/01--tail...ominous end to attempted breakout of an > > 11-1/2 week > > base. This is one of the reasons (along with due diligence) > > that I crossed > > it off the list. > > (2) 10/8/01--gap down just before earnings-Co. press release > > says "short > > sellers at fault" That's the goofiest reasoning I've ever > > heard and was a > > red flag that these guys don't know what they're doing. I > > never like a gap > > down just before an earnings announcement. It's a big red > > flag. If it > > happens, I'll generally wait for a bounce in the next day or > > 2 that begins > > to reverse and will sell into strength. > > (3) 11/26/01--Breakout from sloppy 7 wk base. So, let's say > > someone bought > > on this breakout...let's see what comes next... > > (4) 11/28/01--Reversal that closes below low of previous day > > just after > > B/O---I would take at least 50% off the table on this sell > > rule. > > (5) 12/10/01-12/12/01--3 days closing just at "pivot"--red > > flag....stock has > > retraced to pivot, but not a sell rule in and of itself. > > (6) 1/3/02--promising action on high volume--ok, this action > > is acceptable, > > might be ok afterall...but still the red flags are > > there...more red flags > > and this one should be out of the portfolio. > > (7) 1/8/02-1/9/02--high volume with no progress for 2 days > > in a row---last > > red flag in my book, if I'd held the last 50%, it would be > > gone here. > > (8) 1/10/02--high volume tail that closes below low of > > previous day--if I'd > > lost focus and missed the last sell, this would be the next > > sell signal. > > (9) 1/14/02--gaps down on earnings day (earnings announced > > after market > > close)--sell rule hit---if I'd lost focus and missed > > everything else...this > > would be it. > > (10) 1/15/02--bounces, but leaves a tail on close---last > > chance for the > > exits, a little bounce while the bargain hunters move in. > > Sell. > > (11) 1/16/02--resolution. 2:46 pm, just before market close, > > Herb Greenberg > > article at theStreet.com points out possible accounting > > shenanigans and > > goofy CEO/CFO nonresponse to income statement inquiries. If > > I'd missed > > everything else and this plunged, an open protective stop > > set for > > "catastrophic loss" would have caught this on the way down. > > (12) 1/16/02--Company issues response to Greenberg article > > after market > > close. I still can't figure out why a CFO couldn't have > > answered these > > questions when they were asked. Maybe he learned accounting > > somewhere other > > than the US and is still learning. > > > > A chart with comments is posted at: > > > http://WallStreet-LLC.com/pub/DYII-PostAnal_011602.jpg > > > > > Katherine > > > > > > > > > > > > - > > -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. Tim Fisher Ore-ROCK-On Rockhounding Web Site Pacific Fishery Biologists Information mailto:tim@OreRockOn.com WWW http://OreRockOn.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. ------------------------------------------------------------------------------- From: "Tim Fisher" Subject: Re: AW: [CANSLIM] MCAF Date: 17 Jan 2002 14:33:09 -0800 I have SONC left. Most cash I have had since 9.11. P.S. Today was on lower vol on the NYSE and NSADAQ than yesterday - not accumulation. The death watch for this rally is still alive. At 09:31 PM 1/17/2002 +0100, you wrote: >So who is in cash by now? > > > -----Ursprungliche Nachricht----- > > Von: Spencer48@aol.com [SMTP:Spencer48@aol.com] > > Gesendet am: Thursday, January 17, 2002 9:17 PM > > An: canslim@lists.xmission.com > > Betreff: Re: [CANSLIM] MCAF > > > > Gyorgy: > > > > Good point. WON has said-to paraphrase-that when the Market drops on > > Good News then it's a bad omen. In today's Big Picture, IBD notes that > > E-Bay, even though it beat earnings estimates lost ground-about > 5%-yesterday. > > Also, today's Big Picture observes that in the summer of 2000 when > earnings > > reports were nice, the Market began stuttering from its short-term Bull > > Rally. The Lesson (as far as I'm concerned): PAY HEED WHEN THE MARKET'S > > TALKING. Tim was right (I don't believe I'm putting words in his > mouth) when > > he noted that the market was giving signals as to its weakness with all > its > > distribution days. > > > > Sorry about MCAF, Katherine. We've all been there (hope I never > have to > > go wherever "there" is ever again-it's more painful than the woodshed!) > > > > jans > > > > > > In a message dated 1/17/2002 12:11:09 PM Eastern Standard Time, > > GyorgyV@rcmachine.com writes: > > > > << Unfortunately, nowadays any every news that is not excellent can > decimate a > > stock. > > > > Katherine Malm wrote: > > > > > Understood...all the sell signals were there...just lost > focus....more in > > the > > > post analysis >> > > > > - > > -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. Tim Fisher Ore-ROCK-On Rockhounding Web Site Pacific Fishery Biologists Information mailto:tim@OreRockOn.com WWW http://OreRockOn.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. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: [CANSLIM] PECS vs MCAF Post Analysis Date: 17 Jan 2002 16:55:19 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_00B8_01C19F77.BEB14DE0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Post analysis of 2 recent trades, warts and all: Most important lesson learned: Never lose focus--even a day can make the = difference between excellent vs decent gains. PECS-Good buy, Decent Sell -Macrotheme: Good quality services companies do not have excess = capacity/inventory to bog them down during economic recovery. "New" = names during early bull are most likely to do better than "old = favorites" -Due diligence highlights: Company competes with ACN and CSC for = government contracts. Small & nimble. Successful. Developing JABS-joint = automated booking system for tracking criminals across agencies. Long = history of contract wins. -Stalked the trade for: 1 month -Purchased: 11/14 on breakout @ $27.50 During the trade and Exit: --11/20/01--Stock reverses and closes below low of previous day on = high volume. Red Flag. --11/27-11/28/01--2 days of high volume without further price = progress. 2nd Red Flag. Depending on market strength I will sometimes = take a little off the table. I give this one a chance, but it's up to 2 = red flags so is now on high alert. --12/5/01--You may remember that shortly after this I posted the = "Rubberband Sell Rule" (RSR) spreadsheet and calculations to the list. = You can see why it was on my mind. I did the calculation intraday on = 12/5 and it flashed a sell warning. Tail down on close. 3rd red flag. = Market is starting to show signs of stress. I am already taking profits = on other positions and moving to cash. I give this stock one last chance = to see what it will do. I have the sell order ready.=20 --12/6-12/8/01--3 down days. Final red flag. I wait to sell into the = next bounce.=20 --12/9/01--Sell at avg price $34.93. Gain: 27%. Lessons learned: 3 red warning flags =3D sell. Good focus got me out = reasonably close to the top. MCAF-Great buy, Lousy Sell Macrotheme: Good quality services companies do not have excess = capacity/inventory to bog them down during economic recovery. "New" = names during early bull are most likely to do better than "old = favorites" Personal data security in interconnected world. Due diligence highlights: Tie in to Windows XP release. Subscription = based revenue stream with auto renewal option. 2 quarters of newly = positive EPS numbers. High growth. New IPO--spinoff from NETA. Stalked the trade for: 5 months Purchased: 10/11/01 on gap open breakout on earnings news. Offered up a = $0.21 sacrifice to the gap gods to get in. During the trade & Exit(s): --10/30/01--posted 2 days of little/no movement on high volume. = Market still getting its legs after 9/28 FTD. Took 20% off the table at = $22.16 (Gain: 22.4%) --11/16 & 11/17/01--new highs on low volume. Red flag. --12/5/01--breaks out of consolidation zone on high volume. Good = sign. --12/18-12/19/01--new highs on so-so volume. High alert. RSR calc = shows it's extended and could correct 15-25%. That would put it at 50dMA = and intermediate term support. Hold. --12/31/01--reversal day with a tail on so-so volume. Red flag. --1/9/02--reversal day with tail on high volume. Counts as = distribution day. RSR calc flashing screaming red signals. I get busy = and forget to look at end of day charts for a couple of days. Lost = focus. --1/11/02--another tail on high volume. Normally with this many red = flags, I would take another 50% off the table. Was busy and didn't check = charts end of day. --1/14/02--gap down. I know earnings announcement is just around the = corner. This is a BIG RED FLAG and I normally sell into a bounce after = this happens. Was still distracted on other things and wasn't paying = attention. --1/15/02--one more bounce day available. I have a lengthy = conversation with a friend about MCAF. He reminds me of my gap down on = impending earnings news sell rule. I take note and decide to give it a = chance to show support at 50dMA. Read---I am breaking my sell rules = here. --1/16/02--Market posts 4th distribution day in 2 weeks. I always = take money off the table when this happens, regardless of technical = condition of my holdings. I make the decision to close out my remaining = MCAF position the next morning. --1/16/02--MCAF announces earnings after hours. Beats estimates and = guides future estimates higher. Stock is up in after hours trade. I like = to sell into strength, so am glad that I will have a bounce to sell into = the next morning. --1/17/02--I am watching MCAF. Gap up on open. Price starts to fade, = I get ready to hit the sell button...Honest to goodness truth...the = phone rings. During the conversation I am distracted (no focus again) = and we begin to talk about other things. I get a cup of coffee. I come = back to my desk ready to place the sell order and....yes....the stock = has plunged into oblivion...I wait a bit to see if I can get one last = bounce which never comes....I sell at $24.45. Gain: 35.1%. Opportunity = cost: $12.23/share if I'd sold on the last BIG RED FLAG. Possible gain = on last part of position would have been: 102.7%.=20 Lesson learned--There is NEVER an excuse for losing focus. If Jeff calls = when I've got my finger on the sell button, ask him to hold on a minute. Note--some of you have asked why I don't use a trailing stop. I just = don't like to use hard trailing stops, a personal preference. I use my = sell rules to get me out of a stock (of course, when I'm paying = attention!) When the stock is showing red flags I will set a = "catastrophic" stop loss. This is set just below the low of the last = area of consolidation. MCAF was set at 19.87. Charts will be posted soon at: http://WallStreet-LLC.com/pub/MCAF-PostAnal011702.jpg http://WallStreet-LLC.com/pub/PECS-PostAnal011702.jpg Katherine ------=_NextPart_000_00B8_01C19F77.BEB14DE0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Post analysis of 2 recent trades, warts and all:
 
Most important lesson learned: Never lose = focus--even=20 a day can make the difference between excellent vs decent = gains.
 
PECS-Good buy, Decent Sell
-Macrotheme: Good quality services companies do not have = excess=20 capacity/inventory to bog them down during economic recovery. "New" = names during=20 early bull are most likely to do better than "old favorites"
-Due diligence highlights: Company competes with ACN and = CSC for=20 government contracts. Small & nimble. Successful. Developing = JABS-joint=20 automated booking system for tracking criminals across agencies. Long = history of=20 contract wins.
-Stalked the trade for: 1 month
-Purchased: 11/14 on breakout @ $27.50
During the trade and Exit:
   --11/20/01--Stock reverses and closes below low of = previous=20 day on high volume. Red Flag.
   --11/27-11/28/01--2 days of high volume without = further price=20 progress. 2nd Red Flag. Depending on market strength I will sometimes = take a=20 little off the table. I give this one a chance, but it's up to 2 red = flags so is=20 now on high alert.
   --12/5/01--You may remember that shortly after this I = posted=20 the "Rubberband Sell Rule" (RSR) spreadsheet and calculations to the = list. You=20 can see why it was on my mind. I did the calculation intraday on 12/5 = and it=20 flashed a sell warning. Tail down on close. 3rd red flag. Market is = starting to=20 show signs of stress. I am already taking profits on other positions and = moving=20 to cash. I give this stock one last chance to see what it will do. I = have the=20 sell order ready.
   --12/6-12/8/01--3 down days. Final red flag. I wait to = sell=20 into the next bounce.
   --12/9/01--Sell at avg price $34.93. Gain: = 27%.
Lessons learned: 3 red warning flags =3D sell. Good focus = got me out=20 reasonably close to the top.
 
 
MCAF-Great buy, Lousy Sell
Macrotheme: Good quality services companies do not have = excess=20 capacity/inventory to bog them down during economic recovery. "New" = names during=20 early bull are most likely to do better than "old favorites" Personal = data=20 security in interconnected world.
Due diligence highlights: Tie in to Windows XP release.=20 Subscription based revenue stream with auto renewal option. 2 quarters = of newly=20 positive EPS numbers. High growth. New IPO--spinoff from NETA.
Stalked the trade for: 5 months
Purchased: 10/11/01 on gap open breakout on earnings news. = Offered=20 up a $0.21 sacrifice to the gap gods to get in.
During the trade & Exit(s):
   --10/30/01--posted 2 days of little/no movement on = high=20 volume. Market still getting its legs after 9/28 FTD. Took 20% off the = table at=20 $22.16 (Gain: 22.4%)
   --11/16 & 11/17/01--new highs on low volume. Red=20 flag.
   --12/5/01--breaks out of consolidation zone on high = volume.=20 Good sign.
   --12/18-12/19/01--new highs on so-so volume. High = alert. RSR=20 calc shows it's extended and could correct 15-25%. That would put it at = 50dMA=20 and intermediate term support. Hold.
   --12/31/01--reversal day with a tail on so-so volume. = Red=20 flag.
   --1/9/02--reversal day with tail on high volume. = Counts as=20 distribution day. RSR calc flashing screaming red signals. I get busy = and forget=20 to look at end of day charts for a couple of days. Lost focus.
   --1/11/02--another tail on high volume. Normally with = this=20 many red flags, I would take another 50% off the table. Was busy and = didn't=20 check charts end of day.
   --1/14/02--gap down. I know earnings announcement is = just=20 around the corner. This is a BIG RED FLAG and I normally sell into a = bounce=20 after this happens. Was still distracted on other things and wasn't = paying=20 attention.
   --1/15/02--one more bounce day available. I have a = lengthy=20 conversation with a friend about MCAF. He reminds me of my gap down on = impending=20 earnings news sell rule. I take note and decide to give it a chance to = show=20 support at 50dMA. Read---I am breaking my sell rules here.
   --1/16/02--Market posts 4th distribution day in 2 = weeks. I=20 always take money off the table when this happens, regardless of = technical=20 condition of my holdings. I make the decision to close out my remaining = MCAF=20 position the next morning.
   --1/16/02--MCAF announces earnings after hours. Beats=20 estimates and guides future estimates higher. Stock is up in after hours = trade.=20 I like to sell into strength, so am glad that I will have a bounce to = sell into=20 the next morning.
   --1/17/02--I am watching MCAF. Gap up on open. Price = starts to=20 fade, I get ready to hit the sell button...Honest to goodness = truth...the phone=20 rings. During the conversation I am distracted (no focus again) and we = begin to=20 talk about other things. I get a cup of coffee. I come back to my desk = ready to=20 place the sell order and....yes....the stock has plunged into = oblivion...I wait=20 a bit to see if I can get one last bounce which never comes....I sell at = $24.45.=20 Gain: 35.1%. Opportunity cost: $12.23/share if I'd sold on the = last BIG=20 RED FLAG. Possible gain on last part of position would have been:=20 102.7%.
 
Lesson learned--There is NEVER an excuse for = losing focus. If=20 Jeff calls when I've got my finger on the sell button, ask him to hold = on a=20 minute.
 
Note--some of you have asked why I don't use a trailing stop. I = just don't=20 like to use hard trailing stops, a personal preference. I use my = sell rules=20 to get me out of a stock (of course, when I'm paying = attention!) When the=20 stock is showing red flags I will set a "catastrophic" stop loss. This = is set=20 just below the low of the last area of consolidation. MCAF was set at=20 19.87.
 
Charts will be posted soon at:
http://Wal= lStreet-LLC.com/pub/MCAF-PostAnal011702.jpg
http://Wal= lStreet-LLC.com/pub/PECS-PostAnal011702.jpg
 
 
Katherine
 
 
------=_NextPart_000_00B8_01C19F77.BEB14DE0-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] DYII Revisited--post analysis Date: 17 Jan 2002 16:56:19 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_00C0_01C19F77.E2B4AA20 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Tim, You should forward this message to Herb...he'd get a big kick out of it! Katherine ----- Original Message -----=20 From: Tim Fisher=20 To: canslim@lists.xmission.com=20 Sent: Thursday, January 17, 2002 4:31 PM Subject: Re: [CANSLIM] DYII Revisited--post analysis Herb is a GOD. He killed me on a stock way back when and that is when = I=20 started to pay attention to him. ------=_NextPart_000_00C0_01C19F77.E2B4AA20 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Tim,
 
You should forward this message to Herb...he'd get a big kick out = of=20 it!
 
Katherine
----- Original Message -----
From:=20 Tim = Fisher=20
Sent: Thursday, January 17, = 2002 4:31=20 PM
Subject: Re: [CANSLIM] DYII=20 Revisited--post analysis

Herb is a GOD. He killed me on a stock way back when = and that=20 is when I
started to pay attention to = him. ------=_NextPart_000_00C0_01C19F77.E2B4AA20-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Dave" Subject: RE: [CANSLIM] MCAF Date: 17 Jan 2002 18:00:29 -0500 Not only am I raising cash I'm seriously tempted to short stocks into earnings. ISSX is running up and earnings are next Wednesday. Odds are it will sell off, as did CHKP and MCAF. My only remaining holding is ASCA which is in the gaming industry and so far holding up. > -----Original Message----- > From: owner-canslim@lists.xmission.com > [mailto:owner-canslim@lists.xmission.com]On Behalf Of Andreas > Himmelreich > Sent: Thursday, January 17, 2002 3:31 PM > To: 'canslim@lists.xmission.com' > Subject: AW: [CANSLIM] MCAF > > > So who is in cash by now? - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] MCAF Date: 17 Jan 2002 18:20:44 -0500 Dave, when you start telling a stock what it must do, you are venturing into dangerous territory. Been there, done that, paid the price. SYMC in the same group also had great earnings, and a positive forward outlook. And it gapped up big time today. They are not all equal. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message ----- Sent: Thursday, January 17, 2002 6:00 PM > Not only am I raising cash I'm seriously tempted to short stocks into > earnings. > > ISSX is running up and earnings are next Wednesday. Odds are it will sell > off, as did CHKP and MCAF. > > My only remaining holding is ASCA which is in the gaming industry and so > far holding up. > > > > > -----Original Message----- > > From: owner-canslim@lists.xmission.com > > [mailto:owner-canslim@lists.xmission.com]On Behalf Of Andreas > > Himmelreich > > Sent: Thursday, January 17, 2002 3:31 PM > > To: 'canslim@lists.xmission.com' > > Subject: AW: [CANSLIM] MCAF > > > > > > So who is in cash by now? > > > - > -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. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] Contrarian Date: 16 Jan 2002 11:38:33 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_0008_01C19E82.544AA640 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Good point, Tim, and glad you clarified. Easiest way to know what the = market is doing is to let your stocks speak to you. If yours were = screaming "get out" then that's a CANSLIM move for sure. On the other = hand, for those who don't follow sound sell rules as you do and simply = "jump out" of everything because they are "afraid" the market "might" = tank...then that's decidedly not CANSLIM! Can't drive a Sea-Doo with = your hands over your eyes and if you jump off, the Sea-Doo stops. Katherine Malm ----- Original Message -----=20 From: Tim Fisher=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, January 16, 2002 11:24 AM Subject: Re: [CANSLIM] Contrarian I'm glad you see it that way. My stocks told me to get out, so I sold = them.=20 I would have been out another 5k+ if I hadn't. WON says to let your = stocks=20 tell you when to sell; mine were screaming sell the past 5 trading = days or=20 more. And if we get a dist day today, that's 4; 1 more and the signal = will=20 be triggered. That's what I meant when I said everybody out of the = pool. At 09:02 AM 1/16/2002 -0600, you wrote: >I don't see it that way, Tim. Naz has only had 3 distribution days in = the=20 >last 10. Each was followed by accumulation days. That's definitely = not an=20 >"everybody out of the pool" whistle. It's a "perk up and pay = attention"=20 >marker, but that's it. Despite distribution in some of the recent = B/O's,=20 >only KKD has fallen below pivot. Other good quality CANSLIM stocks = are=20 >holding up just fine if one took proper entries on well formed bases. = "M"=20 >is a market of stocks. If the right stocks are doing "the right = thing"=20 >then I say we can sit on the edge of the pool and keep our feet in = the=20 >water. The water's fine. > >Katherine >----- Original Message ----- >From: Tim Fisher >To: canslim@lists.xmission.com >Sent: Wednesday, January 16, 2002 8:50 AM >Subject: Re: [CANSLIM] Contrarian > >Who cares? Once again, if you trade CANSLIM, you follow the M's buy = and >sell signals. This is an "everybody out of the pool" signal. We are 1 >distribution day from a broken rally. > >At 09:42 AM 1/16/2002 -0500, you wrote: > >With all the bearishness on the list the last couple days, I wonder = if the > >market is ready to turn around and move higher soon. After all, the > >markets have gone through quite a correction the past few weeks, = and the > >Nasdaq is still above its 50 and 200 day averages. > > > >Things do look ugly, and I'm selling some positions, but I wonder = if this > >is really doom and gloom or just a pause... > > > > > >- > >-To subscribe/unsubscribe, email=20 > "majordomo@xmission.com" > >-In the email body, write "subscribe canslim" or > >-"unsubscribe canslim". Do not use quotes in your email. > >Tim Fisher >Ore-ROCK-On Rockhounding Web Site >Pacific Fishery Biologists Information >mailto:tim@OreRockOn.com >WWW http://OreRockOn.com > > > >- >-To subscribe/unsubscribe, email=20 >"majordomo@xmission.com" >-In the email body, write "subscribe canslim" or >-"unsubscribe canslim". Do not use quotes in your email. Tim Fisher Ore-ROCK-On Rockhounding Web Site Pacific Fishery Biologists Information mailto:tim@OreRockOn.com WWW http://OreRockOn.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. ------=_NextPart_000_0008_01C19E82.544AA640 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Good point, Tim, and glad you clarified. Easiest way to know what = the=20 market is doing is to let your stocks speak to you. If yours were = screaming "get=20 out" then that's a CANSLIM move for sure. On the other hand, for those = who don't=20 follow sound sell rules as you do and simply "jump out" of everything = because=20 they are "afraid" the market "might" tank...then that's decidedly not = CANSLIM!=20 Can't drive a Sea-Doo with your hands over your eyes and if you jump = off, the=20 Sea-Doo stops.
 
Katherine Malm
----- Original Message -----
From:=20 Tim = Fisher=20
Sent: Wednesday, January 16, = 2002 11:24=20 AM
Subject: Re: [CANSLIM] = Contrarian

I'm glad you see it that way. My stocks told me to get = out, so=20 I sold them.
I would have been out another 5k+ if I hadn't. WON = says to=20 let your stocks
tell you when to sell; mine were screaming sell = the past 5=20 trading days or
more. And if we get a dist day today, that's 4; 1 = more and=20 the signal will
be triggered. That's what I meant when I said = everybody=20 out of the pool.

At 09:02 AM 1/16/2002 -0600, you = wrote:
>I don't=20 see it that way, Tim. Naz has only had 3 distribution days in the =
>last=20 10. Each was followed by accumulation days. That's definitely not an=20
>"everybody out of the pool" whistle. It's a "perk up and pay=20 attention"
>marker, but that's it. Despite distribution in some = of the=20 recent B/O's,
>only KKD has fallen below pivot. Other good = quality=20 CANSLIM stocks are
>holding up just fine if one took proper = entries on=20 well formed bases. "M"
>is a market of stocks. If the right = stocks are=20 doing "the right thing"
>then I say we can sit on the edge of = the pool=20 and keep our feet in the
>water. The water's=20 fine.
>
>Katherine
>----- Original Message=20 -----
>From: <Tim">mailto:Tim@orerockon.com>Tim= =20 Fisher
>To: <canslim@lists.xmission.com">mai= lto:canslim@lists.xmission.com>canslim@lists.xmission.com
>S= ent:=20 Wednesday, January 16, 2002 8:50 AM
>Subject: Re: [CANSLIM]=20 Contrarian
>
>Who cares? Once again, if you trade CANSLIM, = you=20 follow the M's buy and
>sell signals. This is an "everybody out = of the=20 pool" signal. We are 1
>distribution day from a broken=20 rally.
>
>At 09:42 AM 1/16/2002 -0500, you wrote:
> = >With=20 all the bearishness on the list the last couple days, I wonder if = the
>=20 >market is ready to turn around and move higher soon. After all,=20 the
> >markets have gone through quite a correction the past = few=20 weeks, and the
> >Nasdaq is still above its 50 and 200 day=20 averages.
> >
> >Things do look ugly, and I'm = selling some=20 positions, but I wonder if this
> >is really doom and gloom = or just a=20 pause...
> >
> >
> >-
> >-To=20 subscribe/unsubscribe, email
> "<majordomo@xmission.com">mailto:majo= rdomo@xmission.com>majordomo@xmission.com"
>=20 >-In the email body, write "subscribe canslim" or
> = >-"unsubscribe=20 canslim".  Do not use quotes in your email.
>
>Tim=20 Fisher
>Ore-ROCK-On Rockhounding Web Site
>Pacific Fishery = Biologists Information
><mailto:tim@OreRockOn.com">mailto:tim@Ore= RockOn.com>mailto:tim@OreRockOn.com
>WWW=20 <http://OreRockOn.com">http://OreRockOn.com&g= t;http://OreRockOn.com
>
>
>
>-
>-To=20 subscribe/unsubscribe, email
>"<majordomo@xmission.com">mailto:majo= rdomo@xmission.com>majordomo@xmission.com"
>-In=20 the email body, write "subscribe canslim" or
>-"unsubscribe=20 canslim".  Do not use quotes in your email.

Tim=20 Fisher
Ore-ROCK-On Rockhounding Web Site
Pacific Fishery = Biologists=20 Information
mailto:tim@OreRockOn.com
WWW = http://OreRockOn.com


-
-T= o=20 subscribe/unsubscribe, email "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your email. ------=_NextPart_000_0008_01C19E82.544AA640-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Gene Ricci Subject: [CANSLIM] MCAF Post Analysis Date: 17 Jan 2002 17:35:27 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_0C3E_01C19F7D.5A5E9180 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Based on the funnymentals I bought MCAF at the close.... will sell on = its bounce tomorrow. Down $9.00+ was too enticing ... the body is still = warm. Gene ------=_NextPart_000_0C3E_01C19F7D.5A5E9180 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Based on the funnymentals I bought = MCAF at the=20 close.... will sell on its bounce tomorrow.  Down $9.00+ was too = enticing=20 ... the body is still warm.
 
Gene
 
 
------=_NextPart_000_0C3E_01C19F7D.5A5E9180-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Dave" Subject: RE: [CANSLIM] MCAF Date: 17 Jan 2002 18:36:42 -0500 Yes, I know. That's why I said "tempted" :) I do short from time to time, such as when a stock decisively cuts below its 50 day average or other clear support and starts a downtrend. I've made some good money shorting CERN and CTEC recently. But especially in this market, I wouldn't dare to hold any position on a stock through earnings, unless it's in my long-term portfolio and I'm already sitting on nice gains. > -----Original Message----- > From: owner-canslim@lists.xmission.com > [mailto:owner-canslim@lists.xmission.com]On Behalf Of Tom Worley > Sent: Thursday, January 17, 2002 6:21 PM > To: canslim@lists.xmission.com > Subject: Re: [CANSLIM] MCAF > > > Dave, when you start telling a stock what it must do, you are > venturing into > dangerous territory. Been there, done that, paid the price. > > SYMC in the same group also had great earnings, and a positive forward > outlook. And it gapped up big time today. > > They are not all equal. > > Tom Worley > stkguru@netside.net > AIM: TexWorley > ----- Original Message ----- > From: "Dave" > To: > Sent: Thursday, January 17, 2002 6:00 PM > Subject: RE: [CANSLIM] MCAF > > > > Not only am I raising cash I'm seriously tempted to short stocks into > > earnings. > > > > ISSX is running up and earnings are next Wednesday. Odds are > it will sell > > off, as did CHKP and MCAF. > > > > My only remaining holding is ASCA which is in the gaming > industry and so > > far holding up. > > > > > > > > > -----Original Message----- > > > From: owner-canslim@lists.xmission.com > > > [mailto:owner-canslim@lists.xmission.com]On Behalf Of Andreas > > > Himmelreich > > > Sent: Thursday, January 17, 2002 3:31 PM > > > To: 'canslim@lists.xmission.com' > > > Subject: AW: [CANSLIM] MCAF > > > > > > > > > So who is in cash by now? > > > > > > - > > -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. ------------------------------------------------------------------------------- From: "Chris McShaffey" Subject: [CANSLIM] (Canslim) DYII-PECS-MCAF Post Analysis Date: 17 Jan 2002 15:39:08 -0800 Just wanted to say THANK YOU Katherine for sharing your analysis with us. This material is absolutely - well, I was going to say priceless, no pun intended - it's just a tremendous amount of wonderful material. You couldn't buy this kind of insight - which just helps to make this site so special. THANKS for your contributions! _________________________________________________________________ Chat with friends online, try MSN Messenger: http://messenger.msn.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. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] MCAF Post Analysis Date: 17 Jan 2002 18:39:22 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_01B5_01C19F86.47BF54C0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable I don't know if you will get the bounce on Friday or not, but do agree = that today was excessive. The trailing PE of 215 is still a bit intimidating. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Gene Ricci=20 To: canslim@lists.xmission.com=20 Sent: Thursday, January 17, 2002 6:35 PM Subject: [CANSLIM] MCAF Post Analysis Based on the funnymentals I bought MCAF at the close.... will sell on = its bounce tomorrow. Down $9.00+ was too enticing ... the body is still = warm. Gene ------=_NextPart_000_01B5_01C19F86.47BF54C0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
I don't know if you will get the bounce on = Friday or not,=20 but do agree that today was excessive.
 
The trailing PE of 215 is still a bit=20 intimidating.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Gene = Ricci
Sent: Thursday, January 17, = 2002 6:35=20 PM
Subject: [CANSLIM] MCAF Post=20 Analysis

Based on the funnymentals I bought = MCAF at the=20 close.... will sell on its bounce tomorrow.  Down $9.00+ was too = enticing=20 ... the body is still warm.
 
Gene
 
 
------=_NextPart_000_01B5_01C19F86.47BF54C0-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: AW: [CANSLIM] PECS vs MCAF Post Analysis Date: 18 Jan 2002 02:40:39 +0100 Hi Katherine, That is excellent. I have a folder in Outlook that is called "Strategy". Every posting that will influence my strategy in a way, I store there. There is a lot of stuff in there from you. THANK YOU !!! Andreas > -----Ursprungliche Nachricht----- > Von: Katherine Malm [SMTP:kmalm@earthlink.net] > Gesendet am: Thursday, January 17, 2002 11:55 PM > An: canslim@lists.xmission.com > Betreff: [CANSLIM] PECS vs MCAF Post Analysis > > Post analysis of 2 recent trades, warts and all: > > Most important lesson learned: Never lose focus--even a day can make the difference between excellent vs decent gains. > > PECS-Good buy, Decent Sell > -Macrotheme: Good quality services companies do not have excess capacity/inventory to bog them down during economic recovery. "New" names during early bull are most likely to do better than "old favorites" > -Due diligence highlights: Company competes with ACN and CSC for government contracts. Small & nimble. Successful. Developing JABS-joint automated booking system for tracking criminals across agencies. Long history of contract wins. > -Stalked the trade for: 1 month > -Purchased: 11/14 on breakout @ $27.50 > During the trade and Exit: > --11/20/01--Stock reverses and closes below low of previous day on high volume. Red Flag. > --11/27-11/28/01--2 days of high volume without further price progress. 2nd Red Flag. Depending on market strength I will sometimes take a little off the table. I give this one a chance, but it's up to 2 red flags so is now on high alert. > --12/5/01--You may remember that shortly after this I posted the "Rubberband Sell Rule" (RSR) spreadsheet and calculations to the list. You can see why it was on my mind. I did the calculation intraday on 12/5 and it flashed a sell warning. Tail down on close. 3rd red flag. Market is starting to show signs of stress. I am already taking profits on other positions and moving to cash. I give this stock one last chance to see what it will do. I have the sell order ready. > --12/6-12/8/01--3 down days. Final red flag. I wait to sell into the next bounce. > --12/9/01--Sell at avg price $34.93. Gain: 27%. > Lessons learned: 3 red warning flags = sell. Good focus got me out reasonably close to the top. > > > MCAF-Great buy, Lousy Sell > Macrotheme: Good quality services companies do not have excess capacity/inventory to bog them down during economic recovery. "New" names during early bull are most likely to do better than "old favorites" Personal data security in interconnected world. > Due diligence highlights: Tie in to Windows XP release. Subscription based revenue stream with auto renewal option. 2 quarters of newly positive EPS numbers. High growth. New IPO--spinoff from NETA. > Stalked the trade for: 5 months > Purchased: 10/11/01 on gap open breakout on earnings news. Offered up a $0.21 sacrifice to the gap gods to get in. > During the trade & Exit(s): > --10/30/01--posted 2 days of little/no movement on high volume. Market still getting its legs after 9/28 FTD. Took 20% off the table at $22.16 (Gain: 22.4%) > --11/16 & 11/17/01--new highs on low volume. Red flag. > --12/5/01--breaks out of consolidation zone on high volume. Good sign. > --12/18-12/19/01--new highs on so-so volume. High alert. RSR calc shows it's extended and could correct 15-25%. That would put it at 50dMA and intermediate term support. Hold. > --12/31/01--reversal day with a tail on so-so volume. Red flag. > --1/9/02--reversal day with tail on high volume. Counts as distribution day. RSR calc flashing screaming red signals. I get busy and forget to look at end of day charts for a couple of days. Lost focus. > --1/11/02--another tail on high volume. Normally with this many red flags, I would take another 50% off the table. Was busy and didn't check charts end of day. > --1/14/02--gap down. I know earnings announcement is just around the corner. This is a BIG RED FLAG and I normally sell into a bounce after this happens. Was still distracted on other things and wasn't paying attention. > --1/15/02--one more bounce day available. I have a lengthy conversation with a friend about MCAF. He reminds me of my gap down on impending earnings news sell rule. I take note and decide to give it a chance to show support at 50dMA. Read---I am breaking my sell rules here. > --1/16/02--Market posts 4th distribution day in 2 weeks. I always take money off the table when this happens, regardless of technical condition of my holdings. I make the decision to close out my remaining MCAF position the next morning. > --1/16/02--MCAF announces earnings after hours. Beats estimates and guides future estimates higher. Stock is up in after hours trade. I like to sell into strength, so am glad that I will have a bounce to sell into the next morning. > --1/17/02--I am watching MCAF. Gap up on open. Price starts to fade, I get ready to hit the sell button...Honest to goodness truth...the phone rings. During the conversation I am distracted (no focus again) and we begin to talk about other things. I get a cup of coffee. I come back to my desk ready to place the sell order and....yes....the stock has plunged into oblivion...I wait a bit to see if I can get one last bounce which never comes....I sell at $24.45. Gain: 35.1%. Opportunity cost: $12.23/share if I'd sold on the last BIG RED FLAG. Possible gain on last part of position would have been: 102.7%. > > Lesson learned--There is NEVER an excuse for losing focus. If Jeff calls when I've got my finger on the sell button, ask him to hold on a minute. > > Note--some of you have asked why I don't use a trailing stop. I just don't like to use hard trailing stops, a personal preference. I use my sell rules to get me out of a stock (of course, when I'm paying attention!) When the stock is showing red flags I will set a "catastrophic" stop loss. This is set just below the low of the last area of consolidation. MCAF was set at 19.87. > > Charts will be posted soon at: > http://WallStreet-LLC.com/pub/MCAF-PostAnal011702.jpg > http://WallStreet-LLC.com/pub/PECS-PostAnal011702.jpg > > > Katherine > > > << Datei: ATT00017.htm >> - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Dan Forant" Subject: Re: [CANSLIM] Nasdaq Future.... INS - Not Canslim Date: 17 Jan 2002 21:02:56 -0500 Maybe I should have mentioned the part about the INS was directed at the 10,000,000 illegals in the Country. Also anyone that lives and works, in this Country should pay TAXES. No exceptions. DanF ----- Original Message ----- Sent: Thursday, January 17, 2002 1:19 PM > Fanus, > > Well said. And please don't take the opinion of one person to be > representative of others. Freedom of speech includes the opinions of > buffoons. > > Anyway, I believe that anyone who loves this country enough to uproot > themselves and their families from their homelands and go through the > process you describe is certainly worthy of being an American citizen. It's > sad that so many American-born citizens take their citizenship for granted. > > John C. > > -----Original Message----- > From: Fanus [mailto:fanus13@yahoo.com] > Sent: Thursday, January 17, 2002 12:10 PM > To: canslim@lists.xmission.com > Subject: Re: [CANSLIM] Nasdaq Future.... INS - Not Canslim > > > I am currently a green card holder, so I guess I am > one of the baffoons. It took me 3 years to get a > green card and I had to have proof of employment > before obtaining a workers visa. After one obtain a > green card, you need to wait 5 years before you can > become citizen, (if you marry a citizen, you have to > wait 3 years), only then can you vote. So on average > one can only vote after about 8 years. Don't know > where you get the idea that people can vote right > away. Furthermore, I am not elegible for welfare and > social security. Only citizens are. But I still pay > social security tax, which I do not have a problem > with. This is a small price to pay to work in a stable > country. > > Keep in mind, the general idea of immigrants working > in the US is to fill jobs for which there are a > shortage of skilled workers. And yes, there had to be > a shortage. Before being able to get my green card, > my job had to be advertised in a newspaper and only > after there weren't qualifying applications from US > citizens were it determined that there is a shortage > for that particular skill. I am not sure how you > consider filling shortages as hurting the country. > You also cannot blame the INS for illegal immigrants > working here. The INS had nothing to do with them. > That is why they are illegal. > > I am sorry for going off the topic of the discussion > list, but couldn't let this one slip by. > > Regards > - Fanus > > > --- Dan Forant wrote: > > Please, let's not compare the immigrants of today > > with the past. No > > comparison. If you don't believe the INS has hurt > > the Nation in general, > > that's your right. This was a broad stroke > > statement, not just about Miami, > > but including Miami. > > > > DanF > > ----- Original Message ----- > > From: "Tom Worley" > > To: > > Sent: Thursday, January 17, 2002 1:23 AM > > Subject: Re: [CANSLIM] Nasdaq Future is under water > > .... > > > > > > > Dan, having lived in Miami, FL for the past 18 > > years, I take exception to > > > your statements. > > > > > > The bulk of the immigrants that have settled here > > are Cuban, and they are > > > among the most hard working people I have met. > > They are family oriented, > > and > > > welcome with open arms even very distant > > relatives, or even friends or > > > neighbors of distant relatives. They help find > > them a place to live, they > > > find them a job, they support them and ease the > > transition into a new > > > country and culture. > > > > > > I also believe one of the requirements to gain > > resident alien status is > > > proof of a job, or other means of support to > > ensure welfare will not be an > > > issue. > > > > > > I certainly would not be still living in the city > > of Miami after 18 years > > if > > > I believe it was "ruined". > > > > > > Where did you get the notion that a recent > > immigrant, legal or illegal, > > was > > > even allowed to vote? Are you forgetting that most > > present day citizens of > > > the USA were once an immigrant, or are descended > > from an immigrant? Not a > > > bad thing, I believe this cultural blend is what > > has made this country so > > > great, and made it value freedom so much. > > > > > > I would also note that typically only a very small > > percentage of the > > > citizens of the United States even bother to vote. > > Guess the ones that > > don't > > > bother are baffoons as well? > > > > > > Tom Worley > > > stkguru@netside.net > > > AIM: TexWorley > > > ----- Original Message ----- > > > From: "Dan Forant" > > > To: > > > Sent: Wednesday, January 16, 2002 7:17 PM > > > Subject: Re: [CANSLIM] Nasdaq Future is under > > water .... > > > > > > > > > > Fanus, > > > > > > > > It is a well known fact the last Administration > > let in a bunch of > > baffoons > > > > mainly so they would enroll Democrat and vote. > > Un-controlled borders > > etc. > > > > Carter did the same thing and ruined Miami Fla. > > Most of these enrolled > > > > immediately for welfare of sorts. Couldn't or > > can't speak the language > > let > > > > alone have a trade of any sort. That doesn't > > include the illegal ones > > > > including those from the troubled Middle East. > > > > > > > > DanF > > > > ----- Original Message ----- > > > > From: "Fanus" > > > > To: > > > > Sent: Wednesday, January 16, 2002 4:28 PM > > > > Subject: Re: [CANSLIM] Nasdaq Future is under > > water .... > > > > > > > > > > > > > Dan > > > > > > > > > > Please clarify your statement "The INS has > > screwed up > > > > > the makeup of our Country..." > > > > > > > > > > - Fanus > > > > > > > > > > --- Dan Forant wrote: > > > > > > Glug,glug,glug, under water is right. Enron > > may have > > > > > > put the final nail in > > > > > > the coffin for awhile. This combined with > > future > > > > > > bleak earnings spell > > > > > > trouble ahead. Kmart bumbling along with > > other bad > > > > > > news such as the SEC's > > > > > > inability to keep track of GIANTS have given > > > > > > investors a bad taste. Congress > > > > > > will bloat and gloat for months over Enron > > and I > > > > > > believe very little will be > > > > > > done about it legally. Congress is part of > > the > > > > > > problem. Campaign $$$. The > > > > > > INS has screwed up the makeup of our > > Country, the > > > > > > Government (SEC) may now > > > > > > have set back our financial markets for > > quite > > > > > > awhile.. That's why a large > > > > > > brokerage house recently said to be only 50% > > > > > > invested. But then again > > > > > > ........of course they would. > > > > > > > > > > > > DanF > > > > > > > > > > > > ----- Original Message ----- > > > > > > From: "Andreas Himmelreich" > > > > > > > > To: > > > > > > Sent: Wednesday, January 16, 2002 7:42 AM > > > > > > Subject: [CANSLIM] Nasdaq Future is under > > water .... > > > > > > > > > > > > > > > > > > > Nasdaq Future is under water .... > > > > > > > > > > > > > > - > > > > > > > -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!? > > > > > Send FREE video emails in Yahoo! Mail! > > > > > http://promo.yahoo.com/videomail/ > > > > > > > > > > - > > > > > -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 > > > === message truncated === > > > __________________________________________________ > Do You Yahoo!? > Send FREE video emails in Yahoo! Mail! > http://promo.yahoo.com/videomail/ > > - > -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. ------------------------------------------------------------------------------- From: "Patrick Wahl" Subject: Re: AW: [CANSLIM] MCAF Date: 17 Jan 2002 21:26:30 -0700 Also, futures sold off at the close, and sold off further this evening, so if things don't change, we will have a down open tomorrow. I guess people weren't happy with the MSFT and IBM earnings after the close. On 17 Jan 2002 at 14:33, Tim Fisher wrote: > P.S. Today was on lower vol on the NYSE and NSADAQ than yesterday - not > accumulation. The death watch for this rally is still alive. - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: AW: [CANSLIM] MCAF Date: 18 Jan 2002 12:59:52 +0100 Well, I started to work on some shorting screens (the ones from Boucher) in my Stock database (merged out of DGO and Vector Vest) and the "backtesting" over the last week was good, much better then the long screens (even yesterday). I am a novice to short trading, so I will only play with 5% of my capital ... > -----Ursprungliche Nachricht----- > Von: Dave [SMTP:drubin@i-2000.com] > Gesendet am: Friday, January 18, 2002 12:00 AM > An: canslim@lists.xmission.com > Betreff: RE: [CANSLIM] MCAF > > Not only am I raising cash I'm seriously tempted to short stocks into > earnings. > > ISSX is running up and earnings are next Wednesday. Odds are it will sell > off, as did CHKP and MCAF. > > My only remaining holding is ASCA which is in the gaming industry and so > far holding up. > > > > > -----Original Message----- > > From: owner-canslim@lists.xmission.com > > [mailto:owner-canslim@lists.xmission.com]On Behalf Of Andreas > > Himmelreich > > Sent: Thursday, January 17, 2002 3:31 PM > > To: 'canslim@lists.xmission.com' > > Subject: AW: [CANSLIM] MCAF > > > > > > So who is in cash by now? > > > - > -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. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: AW: [CANSLIM] Nasdaq Future.... INS - Not Canslim Date: 18 Jan 2002 13:01:27 +0100 Lets not get into politics ... > -----Ursprungliche Nachricht----- > Von: Dan Forant [SMTP:dforant1@nycap.rr.com] > Gesendet am: Friday, January 18, 2002 3:03 AM > An: canslim@lists.xmission.com > Betreff: Re: [CANSLIM] Nasdaq Future.... INS - Not Canslim > > Maybe I should have mentioned the part about the INS was directed at the > 10,000,000 illegals in the Country. Also anyone that lives and works, in > this Country should pay TAXES. No exceptions. > > DanF > ----- Original Message ----- > From: "Cefaloni, John L Jr. [AMSTA-AR-WEA]" > To: > Sent: Thursday, January 17, 2002 1:19 PM > Subject: RE: [CANSLIM] Nasdaq Future.... INS - Not Canslim > > > > Fanus, > > > > Well said. And please don't take the opinion of one person to be > > representative of others. Freedom of speech includes the opinions of > > buffoons. > > > > Anyway, I believe that anyone who loves this country enough to uproot > > themselves and their families from their homelands and go through the > > process you describe is certainly worthy of being an American citizen. > It's > > sad that so many American-born citizens take their citizenship for > granted. > > > > John C. > > > > -----Original Message----- > > From: Fanus [mailto:fanus13@yahoo.com] > > Sent: Thursday, January 17, 2002 12:10 PM > > To: canslim@lists.xmission.com > > Subject: Re: [CANSLIM] Nasdaq Future.... INS - Not Canslim > > > > > > I am currently a green card holder, so I guess I am > > one of the baffoons. It took me 3 years to get a > > green card and I had to have proof of employment > > before obtaining a workers visa. After one obtain a > > green card, you need to wait 5 years before you can > > become citizen, (if you marry a citizen, you have to > > wait 3 years), only then can you vote. So on average > > one can only vote after about 8 years. Don't know > > where you get the idea that people can vote right > > away. Furthermore, I am not elegible for welfare and > > social security. Only citizens are. But I still pay > > social security tax, which I do not have a problem > > with. This is a small price to pay to work in a stable > > country. > > > > Keep in mind, the general idea of immigrants working > > in the US is to fill jobs for which there are a > > shortage of skilled workers. And yes, there had to be > > a shortage. Before being able to get my green card, > > my job had to be advertised in a newspaper and only > > after there weren't qualifying applications from US > > citizens were it determined that there is a shortage > > for that particular skill. I am not sure how you > > consider filling shortages as hurting the country. > > You also cannot blame the INS for illegal immigrants > > working here. The INS had nothing to do with them. > > That is why they are illegal. > > > > I am sorry for going off the topic of the discussion > > list, but couldn't let this one slip by. > > > > Regards > > - Fanus > > > > > > --- Dan Forant wrote: > > > Please, let's not compare the immigrants of today > > > with the past. No > > > comparison. If you don't believe the INS has hurt > > > the Nation in general, > > > that's your right. This was a broad stroke > > > statement, not just about Miami, > > > but including Miami. > > > > > > DanF > > > ----- Original Message ----- > > > From: "Tom Worley" > > > To: > > > Sent: Thursday, January 17, 2002 1:23 AM > > > Subject: Re: [CANSLIM] Nasdaq Future is under water > > > .... > > > > > > > > > > Dan, having lived in Miami, FL for the past 18 > > > years, I take exception to > > > > your statements. > > > > > > > > The bulk of the immigrants that have settled here > > > are Cuban, and they are > > > > among the most hard working people I have met. > > > They are family oriented, > > > and > > > > welcome with open arms even very distant > > > relatives, or even friends or > > > > neighbors of distant relatives. They help find > > > them a place to live, they > > > > find them a job, they support them and ease the > > > transition into a new > > > > country and culture. > > > > > > > > I also believe one of the requirements to gain > > > resident alien status is > > > > proof of a job, or other means of support to > > > ensure welfare will not be an > > > > issue. > > > > > > > > I certainly would not be still living in the city > > > of Miami after 18 years > > > if > > > > I believe it was "ruined". > > > > > > > > Where did you get the notion that a recent > > > immigrant, legal or illegal, > > > was > > > > even allowed to vote? Are you forgetting that most > > > present day citizens of > > > > the USA were once an immigrant, or are descended > > > from an immigrant? Not a > > > > bad thing, I believe this cultural blend is what > > > has made this country so > > > > great, and made it value freedom so much. > > > > > > > > I would also note that typically only a very small > > > percentage of the > > > > citizens of the United States even bother to vote. > > > Guess the ones that > > > don't > > > > bother are baffoons as well? > > > > > > > > Tom Worley > > > > stkguru@netside.net > > > > AIM: TexWorley > > > > ----- Original Message ----- > > > > From: "Dan Forant" > > > > To: > > > > Sent: Wednesday, January 16, 2002 7:17 PM > > > > Subject: Re: [CANSLIM] Nasdaq Future is under > > > water .... > > > > > > > > > > > > > Fanus, > > > > > > > > > > It is a well known fact the last Administration > > > let in a bunch of > > > baffoons > > > > > mainly so they would enroll Democrat and vote. > > > Un-controlled borders > > > etc. > > > > > Carter did the same thing and ruined Miami Fla. > > > Most of these enrolled > > > > > immediately for welfare of sorts. Couldn't or > > > can't speak the language > > > let > > > > > alone have a trade of any sort. That doesn't > > > include the illegal ones > > > > > including those from the troubled Middle East. > > > > > > > > > > DanF > > > > > ----- Original Message ----- > > > > > From: "Fanus" > > > > > To: > > > > > Sent: Wednesday, January 16, 2002 4:28 PM > > > > > Subject: Re: [CANSLIM] Nasdaq Future is under > > > water .... > > > > > > > > > > > > > > > > Dan > > > > > > > > > > > > Please clarify your statement "The INS has > > > screwed up > > > > > > the makeup of our Country..." > > > > > > > > > > > > - Fanus > > > > > > > > > > > > --- Dan Forant wrote: > > > > > > > Glug,glug,glug, under water is right. Enron > > > may have > > > > > > > put the final nail in > > > > > > > the coffin for awhile. This combined with > > > future > > > > > > > bleak earnings spell > > > > > > > trouble ahead. Kmart bumbling along with > > > other bad > > > > > > > news such as the SEC's > > > > > > > inability to keep track of GIANTS have given > > > > > > > investors a bad taste. Congress > > > > > > > will bloat and gloat for months over Enron > > > and I > > > > > > > believe very little will be > > > > > > > done about it legally. Congress is part of > > > the > > > > > > > problem. Campaign $$$. The > > > > > > > INS has screwed up the makeup of our > > > Country, the > > > > > > > Government (SEC) may now > > > > > > > have set back our financial markets for > > > quite > > > > > > > awhile.. That's why a large > > > > > > > brokerage house recently said to be only 50% > > > > > > > invested. But then again > > > > > > > ........of course they would. > > > > > > > > > > > > > > DanF > > > > > > > > > > > > > > ----- Original Message ----- > > > > > > > From: "Andreas Himmelreich" > > > > > > > > > > To: > > > > > > > Sent: Wednesday, January 16, 2002 7:42 AM > > > > > > > Subject: [CANSLIM] Nasdaq Future is under > > > water .... > > > > > > > > > > > > > > > > > > > > > > Nasdaq Future is under water .... > > > > > > > > > > > > > > > > - > > > > > > > > -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!? > > > > > > Send FREE video emails in Yahoo! Mail! > > > > > > http://promo.yahoo.com/videomail/ > > > > > > > > > > > > - > > > > > > -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 > > > > > === message truncated === > > > > > > __________________________________________________ > > Do You Yahoo!? > > Send FREE video emails in Yahoo! Mail! > > http://promo.yahoo.com/videomail/ > > > > - > > -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. - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Shorting (was Re: [CANSLIM] MCAF) Date: 18 Jan 2002 07:00:19 -0500 Good luck, Andreas, let us hear how you do. Do you have any particular targets right now that you are willing to share with us? Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message ----- Sent: Friday, January 18, 2002 6:59 AM > Well, I started to work on some shorting screens (the ones from Boucher) in my Stock database (merged out of DGO and Vector Vest) > and the "backtesting" over the last week was good, much better then the long screens (even yesterday). > > I am a novice to short trading, so I will only play with 5% of my capital ... > > > > -----Ursprungliche Nachricht----- > > Von: Dave [SMTP:drubin@i-2000.com] > > Gesendet am: Friday, January 18, 2002 12:00 AM > > An: canslim@lists.xmission.com > > Betreff: RE: [CANSLIM] MCAF > > > > Not only am I raising cash I'm seriously tempted to short stocks into > > earnings. > > > > ISSX is running up and earnings are next Wednesday. Odds are it will sell > > off, as did CHKP and MCAF. > > > > My only remaining holding is ASCA which is in the gaming industry and so > > far holding up. > > > > > > > > > -----Original Message----- > > > From: owner-canslim@lists.xmission.com > > > [mailto:owner-canslim@lists.xmission.com]On Behalf Of Andreas > > > Himmelreich > > > Sent: Thursday, January 17, 2002 3:31 PM > > > To: 'canslim@lists.xmission.com' > > > Subject: AW: [CANSLIM] MCAF > > > > > > > > > So who is in cash by now? > > > > > > - > > -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. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: AW: Shorting (was Re: [CANSLIM] MCAF) Date: 18 Jan 2002 13:21:36 +0100 I will post the list, after my database ist updated ... The screen --> EPS and RS below 50 (DGO) ACC DISS C or D or E (DGO) Growth below 0 (DGO) SMR C or D or E (DGO) TIME C or D or E (DGO) Vector Vest Recomendation Sell Based on this list the due dilligence and the technicals start ... List (as of Tuesday data) ACLA AMSC NGEN LQU HSII GTW APW GMST MERX UIC TI AGRA ANAD ISIL RFMD CPST MEE WCG APN SPC TWK CHTR NLI PGTV ABGX BPUR CRXA CBST CRGN GX HGSI IMGN NPSP PCYC RIGL TNOX VRTX VGIN AGEN CNC NC ABMD GERN VTS SSCC TIN TOY APS DCEL NXTL NXTP TPC UNWR UPCS AMT BW CCI ERICY GEMP TERN BRW LWIN TEO > -----Ursprungliche Nachricht----- > Von: Tom Worley [SMTP:stkguru@netside.net] > Gesendet am: Friday, January 18, 2002 1:00 PM > An: canslim@lists.xmission.com > Betreff: Shorting (was Re: [CANSLIM] MCAF) > > Good luck, Andreas, let us hear how you do. > > Do you have any particular targets right now that you are willing to share > with us? > > Tom Worley > stkguru@netside.net > AIM: TexWorley > ----- Original Message ----- > From: "Andreas Himmelreich" > To: > Sent: Friday, January 18, 2002 6:59 AM > Subject: AW: [CANSLIM] MCAF > > > > Well, I started to work on some shorting screens (the ones from Boucher) > in my Stock database (merged out of DGO and Vector Vest) > > and the "backtesting" over the last week was good, much better then the > long screens (even yesterday). > > > > I am a novice to short trading, so I will only play with 5% of my capital > ... > > > > > > > -----Ursprungliche Nachricht----- > > > Von: Dave [SMTP:drubin@i-2000.com] > > > Gesendet am: Friday, January 18, 2002 12:00 AM > > > An: canslim@lists.xmission.com > > > Betreff: RE: [CANSLIM] MCAF > > > > > > Not only am I raising cash I'm seriously tempted to short stocks into > > > earnings. > > > > > > ISSX is running up and earnings are next Wednesday. Odds are it will > sell > > > off, as did CHKP and MCAF. > > > > > > My only remaining holding is ASCA which is in the gaming industry and so > > > far holding up. > > > > > > > > > > > > > -----Original Message----- > > > > From: owner-canslim@lists.xmission.com > > > > [mailto:owner-canslim@lists.xmission.com]On Behalf Of Andreas > > > > Himmelreich > > > > Sent: Thursday, January 17, 2002 3:31 PM > > > > To: 'canslim@lists.xmission.com' > > > > Subject: AW: [CANSLIM] MCAF > > > > > > > > > > > > So who is in cash by now? > > > > > > > > > - > > > -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. - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: Shorting (was Re: [CANSLIM] MCAF) Date: 18 Jan 2002 07:30:46 -0500 Me again, Andreas, I guess the good news (for me at least) is that none of these are ones I own or hold in my VR fund, or have even been looking at recently. On the other hand, this suggests to me that your screening selection is giving you a list where the price already reflects bad news, and the excessive valuation has been stripped out of the price. When I shorted, I always wanted to find ones that were way over valued (bubble stocks) that were just waiting for the next (and hopefully terrible) earnings report to fall off the edge of the cliff. I didn't want to hold a short position long term, I wanted something to happen right away. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message ----- Sent: Friday, January 18, 2002 7:21 AM > I will post the list, after my database ist updated ... > > The screen --> > > EPS and RS below 50 (DGO) > ACC DISS C or D or E (DGO) > Growth below 0 (DGO) > SMR C or D or E (DGO) > TIME C or D or E (DGO) > Vector Vest Recomendation Sell > > Based on this list the due dilligence and the technicals start ... > > List (as of Tuesday data) > > ACLA > AMSC > NGEN > LQU > HSII > GTW > APW > GMST > MERX > UIC > TI > AGRA > ANAD > ISIL > RFMD > CPST > MEE > WCG > APN > SPC > TWK > CHTR > NLI > PGTV > ABGX > BPUR > CRXA > CBST > CRGN > GX > HGSI > IMGN > NPSP > PCYC > RIGL > TNOX > VRTX > VGIN > AGEN > CNC > NC > ABMD > GERN > VTS > SSCC > TIN > TOY > APS > DCEL > NXTL > NXTP > TPC > UNWR > UPCS > AMT > BW > CCI > ERICY > GEMP > TERN > BRW > LWIN > TEO > > > > > > -----Ursprungliche Nachricht----- > > Von: Tom Worley [SMTP:stkguru@netside.net] > > Gesendet am: Friday, January 18, 2002 1:00 PM > > An: canslim@lists.xmission.com > > Betreff: Shorting (was Re: [CANSLIM] MCAF) > > > > Good luck, Andreas, let us hear how you do. > > > > Do you have any particular targets right now that you are willing to share > > with us? > > > > Tom Worley > > stkguru@netside.net > > AIM: TexWorley > > ----- Original Message ----- > > From: "Andreas Himmelreich" > > To: > > Sent: Friday, January 18, 2002 6:59 AM > > Subject: AW: [CANSLIM] MCAF > > > > > > > Well, I started to work on some shorting screens (the ones from Boucher) > > in my Stock database (merged out of DGO and Vector Vest) > > > and the "backtesting" over the last week was good, much better then the > > long screens (even yesterday). > > > > > > I am a novice to short trading, so I will only play with 5% of my capital > > ... > > > > > > > > > > -----Ursprungliche Nachricht----- > > > > Von: Dave [SMTP:drubin@i-2000.com] > > > > Gesendet am: Friday, January 18, 2002 12:00 AM > > > > An: canslim@lists.xmission.com > > > > Betreff: RE: [CANSLIM] MCAF > > > > > > > > Not only am I raising cash I'm seriously tempted to short stocks into > > > > earnings. > > > > > > > > ISSX is running up and earnings are next Wednesday. Odds are it will > > sell > > > > off, as did CHKP and MCAF. > > > > > > > > My only remaining holding is ASCA which is in the gaming industry and so > > > > far holding up. > > > > > > > > > > > > > > > > > -----Original Message----- > > > > > From: owner-canslim@lists.xmission.com > > > > > [mailto:owner-canslim@lists.xmission.com]On Behalf Of Andreas > > > > > Himmelreich > > > > > Sent: Thursday, January 17, 2002 3:31 PM > > > > > To: 'canslim@lists.xmission.com' > > > > > Subject: AW: [CANSLIM] MCAF > > > > > > > > > > > > > > > So who is in cash by now? > > > > > > > > > > > > - > > > > -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. > > - > -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. ------------------------------------------------------------------------------- From: Subject: Re: AW: Shorting (was Re: [CANSLIM] MCAF) Date: 18 Jan 2002 10:48:06 -0500 Caveat: I've never shorted a stock (tried shorting KM about 10 days ago at $5.01 but got too busy at work to put the order in - dang!), but here's a couple of points after looking at a few on your list: 1. some (most? all?) brokerages don't allow shorting stocks with a closing price of less than $5.00 - leaves out, e.g, APW 2. when shorting, you pay the dividend - So I'd avoid shorting a stock with a hefty dividend, e.g., TI Rolf canslim@lists.xmission.com wrote: > I will post the list, after my database ist updated ... The screen --> EPS and RS below 50 (DGO) ACC DISS C or D or E (DGO) Growth below 0 (DGO) SMR C or D or E (DGO) TIME C or D or E (DGO) Vector Vest Recomendation Sell Based on this list the due dilligence and the technicals start ... List (as of Tuesday data) ACLA AMSC NGEN LQU HSII GTW APW GMST MERX UIC TI AGRA ANAD ISIL RFMD CPST MEE WCG APN SPC TWK CHTR NLI PGTV ABGX BPUR CRXA CBST CRGN GX HGSI IMGN NPSP PCYC RIGL TNOX VRTX VGIN AGEN CNC NC ABMD GERN VTS SSCC TIN TOY APS DCEL NXTL NXTP TPC UNWR UPCS AMT BW CCI ERICY GEMP TERN BRW LWIN TEO > -----Ursprungliche Nachricht----- > Von: Tom Worley [SMTP:stkguru@netside.net] > Gesendet am: Friday, January 18, 2002 1:00 PM > An: canslim@lists.xmission.com > Betreff: Shorting (was Re: [CANSLIM] MCAF) > > Good luck, Andreas, let us hear how you do. > > Do you have any particular targets right now that you are willing to share > with us? > > Tom Worley > stkguru@netside.net > AIM: TexWorley > ----- Original Message ----- > From: "Andreas Himmelreich" > To: > Sent: Friday, January 18, 2002 6:59 AM > Subject: AW: [CANSLIM] MCAF > > > > Well, I started to work on some shorting screens (the ones from Boucher) > in my Stock database (merged out of DGO and Vector Vest) > > and the "backtesting" over the last week was good, much better then the > long screens (even yesterday). > > > > I am a novice to short trading, so I will only play with 5% of my capital > ... > > > > > > > -----Ursprungliche Nachricht----- > > > Von: Dave [SMTP:drubin@i-2000.com] > > > Gesendet am: Friday, January 18, 2002 12:00 AM > > > An: canslim@lists.xmission.com > > > Betreff: RE: [CANSLIM] MCAF > > > > > > Not only am I raising cash I'm seriously tempted to short stocks into > > > earnings. > > > > > > ISSX is running up and earnings are next Wednesday. Odds are it will > sell > > > off, as did CHKP and MCAF. > > > > > > My only remaining holding is ASCA which is in the gaming industry and so > > > far holding up. > > > > > > > > > > > > > -----Original Message----- > > > > From: owner-canslim@lists.xmission.com > > > > [mailto:owner-canslim@lists.xmission.com]On Behalf Of Andreas > > > > Himmelreich > > > > Sent: Thursday, January 17, 2002 3:31 PM > > > > To: 'canslim@lists.xmission.com' > > > > Subject: AW: [CANSLIM] MCAF > > > > > > > > > > > > So who is in cash by now? > > > > > > > > > - > > > -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. - -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. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: AW: AW: Shorting (was Re: [CANSLIM] MCAF) Date: 18 Jan 2002 17:04:14 +0100 Thank you !!! > -----Ursprungliche Nachricht----- > Von: rolfh@mindspring.com [SMTP:rolfh@mindspring.com] > Gesendet am: Friday, January 18, 2002 4:48 PM > An: canslim@lists.xmission.com > Betreff: Re: AW: Shorting (was Re: [CANSLIM] MCAF) > > Caveat: I've never shorted a stock (tried shorting KM about 10 > days ago at $5.01 but got too busy at work to put the order in - > dang!), but here's a couple of points after looking at a few on > your list: > > 1. some (most? all?) brokerages don't allow shorting stocks with > a closing price of less than $5.00 - leaves out, e.g, APW > 2. when shorting, you pay the dividend - So I'd avoid shorting > a stock with a hefty dividend, e.g., TI > > Rolf > > > canslim@lists.xmission.com wrote: > > I will post the list, after my database ist updated ... > The screen --> > > EPS and RS below 50 (DGO) > ACC DISS C or D or E (DGO) > Growth below 0 (DGO) > SMR C or D or E (DGO) > TIME C or D or E (DGO) > Vector Vest Recomendation Sell > > Based on this list the due dilligence and the technicals start ... > > List (as of Tuesday data) > > ACLA > AMSC > NGEN > LQU > HSII > GTW > APW > GMST > MERX > UIC > TI > AGRA > ANAD > ISIL > RFMD > CPST > MEE > WCG > APN > SPC > TWK > CHTR > NLI > PGTV > ABGX > BPUR > CRXA > CBST > CRGN > GX > HGSI > IMGN > NPSP > PCYC > RIGL > TNOX > VRTX > VGIN > AGEN > CNC > NC > ABMD > GERN > VTS > SSCC > TIN > TOY > APS > DCEL > NXTL > NXTP > TPC > UNWR > UPCS > AMT > BW > CCI > ERICY > GEMP > TERN > BRW > LWIN > TEO > > > > > > -----Ursprungliche Nachricht----- > > Von: Tom Worley [SMTP:stkguru@netside.net] > > Gesendet am: Friday, January 18, 2002 1:00 PM > > An: canslim@lists.xmission.com > > Betreff: Shorting (was Re: [CANSLIM] MCAF) > > > > Good luck, Andreas, let us hear how you do. > > > > Do you have any particular targets right now that you are willing to share > > with us? > > > > Tom Worley > > stkguru@netside.net > > AIM: TexWorley > > ----- Original Message ----- > > From: "Andreas Himmelreich" > > To: > > Sent: Friday, January 18, 2002 6:59 AM > > Subject: AW: [CANSLIM] MCAF > > > > > > > Well, I started to work on some shorting screens (the ones from Boucher) > > in my Stock database (merged out of DGO and Vector Vest) > > > and the "backtesting" over the last week was good, much better then the > > long screens (even yesterday). > > > > > > I am a novice to short trading, so I will only play with 5% of my capital > > ... > > > > > > > > > > -----Ursprungliche Nachricht----- > > > > Von: Dave [SMTP:drubin@i-2000.com] > > > > Gesendet am: Friday, January 18, 2002 12:00 AM > > > > An: canslim@lists.xmission.com > > > > Betreff: RE: [CANSLIM] MCAF > > > > > > > > Not only am I raising cash I'm seriously tempted to short stocks into > > > > earnings. > > > > > > > > ISSX is running up and earnings are next Wednesday. Odds are it will > > sell > > > > off, as did CHKP and MCAF. > > > > > > > > My only remaining holding is ASCA which is in the gaming industry and so > > > > far holding up. > > > > > > > > > > > > > > > > > -----Original Message----- > > > > > From: owner-canslim@lists.xmission.com > > > > > [mailto:owner-canslim@lists.xmission.com]On Behalf Of Andreas > > > > > Himmelreich > > > > > Sent: Thursday, January 17, 2002 3:31 PM > > > > > To: 'canslim@lists.xmission.com' > > > > > Subject: AW: [CANSLIM] MCAF > > > > > > > > > > > > > > > So who is in cash by now? > > > > > > > > > > > > - > > > > -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. > > - > -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. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: [CANSLIM] IG still in OK shape Date: 18 Jan 2002 19:01:26 +0100 BANKS-NORTHEAST BLDG-MOBILE/MFG & RV COSMETICS/PERSONAL CARE FINANCE-MRTG&REL SVC LEISURE-GAMING MEDICAL-HLTH MAINT ORG OFFICE SUPPLIES MFG RETAIL-MISC/DIVERSIFIED RETAIL-RESTAURANTS RETAIL/WHLSLE-AUTO PARTS are still in OK shape. See you Andreas - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "dave@gordian.com" Subject: Re: Shorting (was Re: [CANSLIM] MCAF) Date: 18 Jan 2002 10:04:30 -0800 > I guess the good news (for me at least) is that none of these are ones I own > or hold in my VR fund, or have even been looking at recently. On the other > hand, this suggests to me that your screening selection is giving you a list > where the price already reflects bad news, and the excessive valuation has > been stripped out of the price. When I shorted, I always wanted to find ones > that were way over valued (bubble stocks) that were just waiting for the > next (and hopefully terrible) earnings report to fall off the edge of the > cliff. I didn't want to hold a short position long term, I wanted something > to happen right away. This has been my experience with shorting as well. I look for high RS, low EPS and wait for them to break down. I would typically look to get out with about a 20% gain and within a couple of weeks. Every once and a while I would find an over-hyped sector that was tanking. 2 years ago I made some good gains when everyone finally realized that the Linux stocks were a bit overpriced. I haven't done any shorting lately because it does take even more diligence than going long and I don't want to spend the time. Dave Farthing Gordian Design Services dave@gordian.com http://home.socal.rr.com/pcbdesign/ - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "david frank" Subject: [CANSLIM] cut your loses Date: 16 Jan 2002 13:51:54 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_005F_01C19E94.F50330E0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable use to be a old saying in the 1970s when i traded commodities-to let = your profits run and cut your loses short. when i married my wife in = 1980-i told her i loved small loses-when i got out of losing positions. = she thought i was crazy. but now many years later we have everything we = need and she understands. even the great one-WON-said recently in = Dallas, Tx, that he dislikes all stocks-that they have to prove = themselves. you can't show many stocks that have proved themselves in = this market. david ------=_NextPart_000_005F_01C19E94.F50330E0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
use to be a old saying in = the 1970s when i=20 traded commodities-to let your profits run and cut your loses short. = when i=20 married my wife in 1980-i told her i loved small loses-when i got out of = losing=20 positions. she thought i was crazy. but now many years later we have = everything=20 we need and she understands. even the great one-WON-said recently in = Dallas, Tx,=20 that he dislikes all stocks-that they have to prove themselves. you = can't show=20 many stocks that have proved themselves in this market.=20 david
------=_NextPart_000_005F_01C19E94.F50330E0-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] cut your loses Date: 18 Jan 2002 13:12:01 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_0043_01C1A021.B78E3640 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Good point you're making, David. When the market is still iffy and = transitioning bear to bull as it is, good stocks will get a run going, = but we have to pay sharp attention to sell rules in order to capture = profits on the move before the stocks turn tail and start over. Sticking = with high quality stocks breaking out of well formed bases will also = prevent us from even getting *into* stocks that could trigger a = potential stop loss, however small. I think the remainder of the quarter = will be choppy at best, so finding stocks "proving themselves" *before* = the breakout and continuing to prove themselves on the way up is going = to be quite a challenge. Katherine ----- Original Message -----=20 From: david frank=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, January 16, 2002 1:51 PM Subject: [CANSLIM] cut your loses use to be a old saying in the 1970s when i traded commodities-to let = your profits run and cut your loses short. when i married my wife in = 1980-i told her i loved small loses-when i got out of losing positions. = she thought i was crazy. but now many years later we have everything we = need and she understands. even the great one-WON-said recently in = Dallas, Tx, that he dislikes all stocks-that they have to prove = themselves. you can't show many stocks that have proved themselves in = this market. david ------=_NextPart_000_0043_01C1A021.B78E3640 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Good point you're making, David. When the market is still iffy and=20 transitioning bear to bull as it is, good stocks will get a run going, = but we=20 have to pay sharp attention to sell rules in order to capture profits on = the=20 move before the stocks turn tail and start over. Sticking with high = quality=20 stocks breaking out of well formed bases will also prevent us from even = getting=20 *into*  stocks that could trigger a potential stop loss, = however=20 small. I think the remainder of the quarter will be choppy at best, so = finding=20 stocks "proving themselves" *before* the breakout and continuing to = prove=20 themselves on the way up is going to be quite a challenge.
 
Katherine
----- Original Message -----
From:=20 david frank
Sent: Wednesday, January 16, = 2002 1:51=20 PM
Subject: [CANSLIM] cut your = loses

use to be a old saying in = the 1970s when i=20 traded commodities-to let your profits run and cut your loses short. = when i=20 married my wife in 1980-i told her i loved small loses-when i got out = of=20 losing positions. she thought i was crazy. but now many years later we = have=20 everything we need and she understands. even the great one-WON-said = recently=20 in Dallas, Tx, that he dislikes all stocks-that they have to prove = themselves.=20 you can't show many stocks that have proved themselves in this market. = david
------=_NextPart_000_0043_01C1A021.B78E3640-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Surindra" Subject: RE: [CANSLIM] IG still in OK shape Date: 18 Jan 2002 14:13:07 -0500 IG (Amex: I G I Inc) is not..... ;-) -----Original Message----- [mailto:owner-canslim@lists.xmission.com] On Behalf Of Andreas Himmelreich Sent: Friday, January 18, 2002 1:01 PM BANKS-NORTHEAST BLDG-MOBILE/MFG & RV COSMETICS/PERSONAL CARE FINANCE-MRTG&REL SVC LEISURE-GAMING MEDICAL-HLTH MAINT ORG OFFICE SUPPLIES MFG RETAIL-MISC/DIVERSIFIED RETAIL-RESTAURANTS RETAIL/WHLSLE-AUTO PARTS are still in OK shape. See you Andreas - -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!? Get your free @yahoo.com address at http://mail.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. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] IG still in OK shape Date: 18 Jan 2002 13:16:46 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_005D_01C1A022.617E8BA0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hah! Thanks for the laugh Surinda....IG...now *there's* a stinky stock! Katherine ----- Original Message -----=20 From: Surindra=20 To: canslim@lists.xmission.com=20 Sent: Friday, January 18, 2002 1:13 PM Subject: RE: [CANSLIM] IG still in OK shape IG (Amex: I G I Inc) is not..... ;-) -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com] On Behalf Of Andreas Himmelreich Sent: Friday, January 18, 2002 1:01 PM To: 'canslim@lists.xmission.com' Subject: [CANSLIM] IG still in OK shape BANKS-NORTHEAST BLDG-MOBILE/MFG & RV COSMETICS/PERSONAL CARE FINANCE-MRTG&REL SVC LEISURE-GAMING MEDICAL-HLTH MAINT ORG OFFICE SUPPLIES MFG RETAIL-MISC/DIVERSIFIED RETAIL-RESTAURANTS RETAIL/WHLSLE-AUTO PARTS are still in OK shape. See you Andreas - -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!? Get your free @yahoo.com address at http://mail.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. ------=_NextPart_000_005D_01C1A022.617E8BA0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Hah! Thanks for the laugh Surinda....IG...now *there's* a stinky=20 stock!
 
Katherine
----- Original Message -----
From:=20 Surindra=20
Sent: Friday, January 18, 2002 = 1:13=20 PM
Subject: RE: [CANSLIM] IG still = in OK=20 shape

IG (Amex: I G I Inc) is not..... = ;-)

-----Original=20 Message-----
From: owner-canslim@lists.xmis= sion.com
[mailto:owner-canslim@lists.xmission.com]=20 On Behalf Of Andreas
Himmelreich
Sent: Friday, January 18, 2002 = 1:01=20 PM
To: 'canslim@lists.xmission.com'=
Subject:=20 [CANSLIM] IG still in OK = shape


BANKS-NORTHEAST
BLDG-MOBILE/MFG=20 & RV
COSMETICS/PERSONAL CARE
FINANCE-MRTG&REL=20 SVC
LEISURE-GAMING
MEDICAL-HLTH MAINT ORG
OFFICE SUPPLIES=20 = MFG
RETAIL-MISC/DIVERSIFIED
RETAIL-RESTAURANTS
RETAIL/WHLSLE-AUT= O=20 PARTS

are still in OK shape.

See=20 you

Andreas

-
-To subscribe/unsubscribe, email "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your=20 = email.


_______________________________________________________= __
Do=20 You Yahoo!?
Get your free @yahoo.com address at http://mail.yahoo.com


-
= -To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your email. ------=_NextPart_000_005D_01C1A022.617E8BA0-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: [CANSLIM] AW: IG still in OK shape Date: 18 Jan 2002 19:23:19 +0100 Stockswise long I still like ROOM RI RSC MME ASCA Interesting is that the INTERNET-E COMMERCE Group might be in a Reversal (as I call a movement of Price and RS in the oposite direction after 5 - 6 down or up days) yesterday, that is holding up pricewise today, and the relative strenght increases today ... > -----Ursprungliche Nachricht----- > Von: Andreas Himmelreich [SMTP:judgejimmy@web.de] > Gesendet am: Friday, January 18, 2002 7:01 PM > An: 'canslim@lists.xmission.com' > Betreff: IG still in OK shape > > BANKS-NORTHEAST > BLDG-MOBILE/MFG & RV > COSMETICS/PERSONAL CARE > FINANCE-MRTG&REL SVC > LEISURE-GAMING > MEDICAL-HLTH MAINT ORG > OFFICE SUPPLIES MFG > RETAIL-MISC/DIVERSIFIED > RETAIL-RESTAURANTS > RETAIL/WHLSLE-AUTO PARTS > > are still in OK shape. > > See you > > Andreas - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: AW: [CANSLIM] IG still in OK shape Date: 18 Jan 2002 20:30:30 +0100 But IGI ;-) > -----Ursprungliche Nachricht----- > Von: Surindra [SMTP:surindra@yahoo.com] > Gesendet am: Friday, January 18, 2002 8:13 PM > An: canslim@lists.xmission.com > Betreff: RE: [CANSLIM] IG still in OK shape > > IG (Amex: I G I Inc) is not..... ;-) > > -----Original Message----- > From: owner-canslim@lists.xmission.com > [mailto:owner-canslim@lists.xmission.com] On Behalf Of Andreas > Himmelreich > Sent: Friday, January 18, 2002 1:01 PM > To: 'canslim@lists.xmission.com' > Subject: [CANSLIM] IG still in OK shape > > > BANKS-NORTHEAST > BLDG-MOBILE/MFG & RV > COSMETICS/PERSONAL CARE > FINANCE-MRTG&REL SVC > LEISURE-GAMING > MEDICAL-HLTH MAINT ORG > OFFICE SUPPLIES MFG > RETAIL-MISC/DIVERSIFIED > RETAIL-RESTAURANTS > RETAIL/WHLSLE-AUTO PARTS > > are still in OK shape. > > See you > > Andreas > > - > -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!? > Get your free @yahoo.com address at http://mail.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. ------------------------------------------------------------------------------- From: "david frank" Subject: Re: [CANSLIM] cut your loses Date: 18 Jan 2002 15:22:12 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_0057_01C1A033.E73570E0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable katherine, my posting is really outdated-i sent it on wednesday morning. = thank you for your post analysis on PECS, MCAF and DYII-truly the = confessions of a canslimer-honest,interesting and important. i got in = KKD the morning of 11-14-02 instead of PECS although i wanted in PECS = too, but they broke out at about the same time. of course, PECS was the = far better stock-although i took a quick profit in KKD. yes, this is a = very choppy market and the pigs will not survive. david ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Friday, January 18, 2002 1:12 PM Subject: Re: [CANSLIM] cut your loses Good point you're making, David. When the market is still iffy and = transitioning bear to bull as it is, good stocks will get a run going, = but we have to pay sharp attention to sell rules in order to capture = profits on the move before the stocks turn tail and start over. Sticking = with high quality stocks breaking out of well formed bases will also = prevent us from even getting *into* stocks that could trigger a = potential stop loss, however small. I think the remainder of the quarter = will be choppy at best, so finding stocks "proving themselves" *before* = the breakout and continuing to prove themselves on the way up is going = to be quite a challenge. Katherine ----- Original Message -----=20 From: david frank=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, January 16, 2002 1:51 PM Subject: [CANSLIM] cut your loses use to be a old saying in the 1970s when i traded commodities-to let = your profits run and cut your loses short. when i married my wife in = 1980-i told her i loved small loses-when i got out of losing positions. = she thought i was crazy. but now many years later we have everything we = need and she understands. even the great one-WON-said recently in = Dallas, Tx, that he dislikes all stocks-that they have to prove = themselves. you can't show many stocks that have proved themselves in = this market. david ------=_NextPart_000_0057_01C1A033.E73570E0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
katherine, my posting is really = outdated-i sent it=20 on wednesday morning. thank you for your post analysis on PECS, MCAF and = DYII-truly the confessions of a canslimer-honest,interesting and = important. i=20 got in KKD the morning of 11-14-02 instead of PECS although i wanted in = PECS=20 too, but they broke out at about the same time. of course, PECS was the = far=20 better stock-although i took a quick profit in KKD. yes, this is a = very=20 choppy market and the pigs will not survive. david
----- Original Message -----
From:=20 Katherine=20 Malm
Sent: Friday, January 18, 2002 = 1:12=20 PM
Subject: Re: [CANSLIM] cut your = loses

Good point you're making, David. When the market is still iffy = and=20 transitioning bear to bull as it is, good stocks will get a run going, = but we=20 have to pay sharp attention to sell rules in order to capture profits = on the=20 move before the stocks turn tail and start over. Sticking with high = quality=20 stocks breaking out of well formed bases will also prevent us from = even=20 getting *into*  stocks that could trigger a potential stop = loss,=20 however small. I think the remainder of the quarter will be choppy at = best, so=20 finding stocks "proving themselves" *before* the breakout and = continuing to=20 prove themselves on the way up is going to be quite a challenge.
 
Katherine
----- Original Message -----
From:=20 david frank
Sent: Wednesday, January 16, = 2002 1:51=20 PM
Subject: [CANSLIM] cut your = loses

use to be a old saying in = the 1970s when i=20 traded commodities-to let your profits run and cut your loses short. = when i=20 married my wife in 1980-i told her i loved small loses-when i got = out of=20 losing positions. she thought i was crazy. but now many years later = we have=20 everything we need and she understands. even the great one-WON-said = recently=20 in Dallas, Tx, that he dislikes all stocks-that they have to prove=20 themselves. you can't show many stocks that have proved themselves = in this=20 market. david
------=_NextPart_000_0057_01C1A033.E73570E0-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Ian Subject: Re: [CANSLIM] cut your loses Date: 18 Jan 2002 13:47:47 -0800 This is a multi-part message in MIME format. --Boundary_(ID_VGavlV78gotxiqUM7YdemA) Content-type: text/plain; charset=iso-8859-1 Content-transfer-encoding: 7BIT I agree with your premise. I like to think of it this way: Assume I made a mistake as soon as I enter a position, and make the stock action prove me wrong - I tend to leave it on a much shorter rope that way. I am not sure I agree with your market assessment. I've got tons of green today in the face of some pretty ugly index action. CEDC, QMDC, SGDE, RAC closed at new highs for me today. BRLI was pushing on the door of a new high. ELTE, CTCQ, HELE, RMCI and others all closed green. (NMHC, XMM had pullbacks, but the volume was low). I even joined the party for a non-CANSLIM news/momo trade that was extremely strong today - ALOG. It looks more to me that rather than being in the early stages of another broad-based bear, we are in a stealth bull that keeps throwing back yesteryears leaders, saying "I don't want those, get me some new leaders!". New highs outnumbered new lows 3 to 1 today: http://quote.yahoo.com/m0?u For CANSLIMers with a laser focus on revenue and earnings growth, I think the coming months should be fabulous (if we find any stocks with growth that is :), as there appears to be both the liquidity and desire to run new stocks up. All JMHO. Ian ----- Original Message ----- From: david frank To: canslim@lists.xmission.com Sent: Wednesday, January 16, 2002 11:51 AM Subject: [CANSLIM] cut your loses use to be a old saying in the 1970s when i traded commodities-to let your profits run and cut your loses short. when i married my wife in 1980-i told her i loved small loses-when i got out of losing positions. she thought i was crazy. but now many years later we have everything we need and she understands. even the great one-WON-said recently in Dallas, Tx, that he dislikes all stocks-that they have to prove themselves. you can't show many stocks that have proved themselves in this market. david --Boundary_(ID_VGavlV78gotxiqUM7YdemA) Content-type: text/html; charset=iso-8859-1 Content-transfer-encoding: 7BIT
I agree with your premise. I like to think of it this way: Assume I made a mistake as soon as I enter a position, and make the stock action prove me wrong - I tend to leave it on a much shorter rope that way.
 
I am not sure I agree with your market assessment. I've got tons of green today in the face of some pretty ugly index action. CEDC, QMDC, SGDE, RAC closed at new highs for me today. BRLI was pushing on the door of a new high. ELTE, CTCQ, HELE, RMCI and others all closed green. (NMHC, XMM had pullbacks, but the volume was low). I even joined the party for a non-CANSLIM news/momo trade that was extremely strong today - ALOG.
 
It looks more to me that rather than being in the early stages of another broad-based bear, we are in a stealth bull that keeps throwing back yesteryears leaders, saying "I don't want those, get me some new leaders!".  New highs outnumbered new lows 3 to 1 today: http://quote.yahoo.com/m0?u
 
For CANSLIMers with a laser focus on revenue and earnings growth, I think the coming months should be fabulous (if we find any stocks with growth that is :), as there appears to be both the liquidity and desire to run new stocks up.
 
All JMHO.
 
Ian
 
 
----- Original Message -----
Sent: Wednesday, January 16, 2002 11:51 AM
Subject: [CANSLIM] cut your loses

use to be a old saying in the 1970s when i traded commodities-to let your profits run and cut your loses short. when i married my wife in 1980-i told her i loved small loses-when i got out of losing positions. she thought i was crazy. but now many years later we have everything we need and she understands. even the great one-WON-said recently in Dallas, Tx, that he dislikes all stocks-that they have to prove themselves. you can't show many stocks that have proved themselves in this market. david
--Boundary_(ID_VGavlV78gotxiqUM7YdemA)-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] cut your loses Date: 18 Jan 2002 15:34:21 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_00CD_01C1A035.99C7BF00 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Thanks for the kind words, David. I figure honesty is the only path to excellence--no sense in lying about = what I did or didn't do. Focus is a valuable lesson for me and I will = always remember 2002 as the MCAF year. It's rare that I get to learn a = new lesson with profits in my pocket, so all is not lost. You know, PECS and KKD are an interesting contrast. While KKD has a good = "story" it just had an iffy chart. All things being equal, I'll always = go for the more perfect chart, and I think on that account that PECS = won. It certainly wasn't "perfect" as there was one *big* shakeout day = in the handle and that made it questionable in my mind. But I have since = reread my CANSLIM notes and found out that this is quite normal and = actually preferred. I think the lesson there, however, is that it may = not be prudent to enter *while* the handle is forming, as one big = shakeout day like that would hit a 7% stop intraday and kick the person = out of the trade. I just loved your notion of pigs not surviving...good thought to = remember at all times. Katherine ----- Original Message -----=20 From: david frank=20 To: canslim@lists.xmission.com=20 Sent: Friday, January 18, 2002 3:22 PM Subject: Re: [CANSLIM] cut your loses katherine, my posting is really outdated-i sent it on wednesday = morning. thank you for your post analysis on PECS, MCAF and DYII-truly = the confessions of a canslimer-honest,interesting and important. i got = in KKD the morning of 11-14-02 instead of PECS although i wanted in PECS = too, but they broke out at about the same time. of course, PECS was the = far better stock-although i took a quick profit in KKD. yes, this is a = very choppy market and the pigs will not survive. david ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Friday, January 18, 2002 1:12 PM Subject: Re: [CANSLIM] cut your loses Good point you're making, David. When the market is still iffy and = transitioning bear to bull as it is, good stocks will get a run going, = but we have to pay sharp attention to sell rules in order to capture = profits on the move before the stocks turn tail and start over. Sticking = with high quality stocks breaking out of well formed bases will also = prevent us from even getting *into* stocks that could trigger a = potential stop loss, however small. I think the remainder of the quarter = will be choppy at best, so finding stocks "proving themselves" *before* = the breakout and continuing to prove themselves on the way up is going = to be quite a challenge. Katherine ----- Original Message -----=20 From: david frank=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, January 16, 2002 1:51 PM Subject: [CANSLIM] cut your loses use to be a old saying in the 1970s when i traded commodities-to = let your profits run and cut your loses short. when i married my wife in = 1980-i told her i loved small loses-when i got out of losing positions. = she thought i was crazy. but now many years later we have everything we = need and she understands. even the great one-WON-said recently in = Dallas, Tx, that he dislikes all stocks-that they have to prove = themselves. you can't show many stocks that have proved themselves in = this market. david ------=_NextPart_000_00CD_01C1A035.99C7BF00 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Thanks for the kind words, David.
 
I figure honesty is the only path to excellence--no sense in lying = about=20 what I did or didn't do. Focus is a valuable lesson for me and I = will=20 always remember 2002 as the MCAF year. It's rare that I get to learn a = new=20 lesson with profits in my pocket, so all is not lost.
 
You know, PECS and KKD are an interesting contrast. While KKD has a = good=20 "story" it just had an iffy chart. All things being equal, I'll always = go for=20 the more perfect chart, and I think on that account that PECS won. It = certainly=20 wasn't "perfect" as there was one *big* shakeout day in the handle and = that made=20 it questionable in my mind. But I have since reread my CANSLIM notes and = found=20 out that this is quite normal and actually preferred. I think the lesson = there,=20 however, is that it may not be prudent to enter *while* the handle is = forming,=20 as one big shakeout day like that would hit a 7% stop intraday and kick = the=20 person out of the trade.
 
I just loved your notion of pigs not surviving...good thought to = remember=20 at all times.
 
 
Katherine
 
 
----- Original Message -----
From:=20 david frank
Sent: Friday, January 18, 2002 = 3:22=20 PM
Subject: Re: [CANSLIM] cut your = loses

katherine, my posting is really = outdated-i sent=20 it on wednesday morning. thank you for your post analysis on PECS, = MCAF and=20 DYII-truly the confessions of a canslimer-honest,interesting and = important. i=20 got in KKD the morning of 11-14-02 instead of PECS although i wanted = in PECS=20 too, but they broke out at about the same time. of course, PECS was = the far=20 better stock-although i took a quick profit in KKD. yes, this is = a very=20 choppy market and the pigs will not survive. david
----- Original Message -----
From:=20 Katherine=20 Malm
Sent: Friday, January 18, = 2002 1:12=20 PM
Subject: Re: [CANSLIM] cut = your=20 loses

Good point you're making, David. When the market is still iffy = and=20 transitioning bear to bull as it is, good stocks will get a run = going, but=20 we have to pay sharp attention to sell rules in order to capture = profits on=20 the move before the stocks turn tail and start over. Sticking with = high=20 quality stocks breaking out of well formed bases will also prevent = us from=20 even getting *into*  stocks that could trigger a potential = stop=20 loss, however small. I think the remainder of the quarter will be = choppy at=20 best, so finding stocks "proving themselves" *before* the breakout = and=20 continuing to prove themselves on the way up is going to be quite a=20 challenge.
 
Katherine
----- Original Message ----- =
From:=20 david frank
To: canslim@lists.xmission.com= =20
Sent: Wednesday, January = 16, 2002=20 1:51 PM
Subject: [CANSLIM] cut your = loses

use to be a old saying in = the 1970s when=20 i traded commodities-to let your profits run and cut your loses = short.=20 when i married my wife in 1980-i told her i loved small loses-when = i got=20 out of losing positions. she thought i was crazy. but now many = years later=20 we have everything we need and she understands. even the great=20 one-WON-said recently in Dallas, Tx, that he dislikes all = stocks-that they=20 have to prove themselves. you can't show many stocks that have = proved=20 themselves in this market.=20 david
------=_NextPart_000_00CD_01C1A035.99C7BF00-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Ian Subject: Re: [CANSLIM] DYII Revisited--post analysis Date: 18 Jan 2002 14:08:40 -0800 This is a multi-part message in MIME format. --Boundary_(ID_Q7qTwM1eNkPyZ0RaUsK0Dw) Content-type: text/plain; charset=iso-8859-1 Content-transfer-encoding: 7BIT For me, DYII was a CANSLIM breakout at $11.65 (pre March 19 2-for-1split) on January 16 2001. It was a sell in the $19's (post-split) on the first big distribution day on April 17 as it neared the $20 psychological barrier. At that point it was up nearly 300% from its breakout in just 3 months. It was trading at something like 400% of its 200-day ema! I've been watching it since, but the valuation was way too high for me after that. In the microcap world, I think one has to look back to where they began and realize that there ARE valuation barriers to these things. At the recent highs, the market cap was almost $500,000,000 with less than $50,000,000 in ttm revenues. And they never kept the cash on the balance sheet - they used it for acquisitions to fuel their growth. JMHO. Ian ----- Original Message ----- From: Katherine Malm To: canslim@lists.xmission.com Sent: Thursday, January 17, 2002 9:30 AM Subject: [CANSLIM] DYII Revisited--post analysis DYII is a stock that came up for discussion on the list in early October. This is a stock that crossed my radar, but at the time I passed due to the poor chart action around 10/5. I have been watching it since and was interested in what the chart might have said prior to the failure yesterday. Here is what I saw that would have been sell signals for me: (1) 10/5/01--tail...ominous end to attempted breakout of an 11-1/2 week base. This is one of the reasons (along with due diligence) that I crossed it off the list. (2) 10/8/01--gap down just before earnings-Co. press release says "short sellers at fault" That's the goofiest reasoning I've ever heard and was a red flag that these guys don't know what they're doing. I never like a gap down just before an earnings announcement. It's a big red flag. If it happens, I'll generally wait for a bounce in the next day or 2 that begins to reverse and will sell into strength. (3) 11/26/01--Breakout from sloppy 7 wk base. So, let's say someone bought on this breakout...let's see what comes next... (4) 11/28/01--Reversal that closes below low of previous day just after B/O---I would take at least 50% off the table on this sell rule. (5) 12/10/01-12/12/01--3 days closing just at "pivot"--red flag....stock has retraced to pivot, but not a sell rule in and of itself. (6) 1/3/02--promising action on high volume--ok, this action is acceptable, might be ok afterall...but still the red flags are there...more red flags and this one should be out of the portfolio. (7) 1/8/02-1/9/02--high volume with no progress for 2 days in a row---last red flag in my book, if I'd held the last 50%, it would be gone here. (8) 1/10/02--high volume tail that closes below low of previous day--if I'd lost focus and missed the last sell, this would be the next sell signal. (9) 1/14/02--gaps down on earnings day (earnings announced after market close)--sell rule hit---if I'd lost focus and missed everything else...this would be it. (10) 1/15/02--bounces, but leaves a tail on close---last chance for the exits, a little bounce while the bargain hunters move in. Sell. (11) 1/16/02--resolution. 2:46 pm, just before market close, Herb Greenberg article at theStreet.com points out possible accounting shenanigans and goofy CEO/CFO nonresponse to income statement inquiries. If I'd missed everything else and this plunged, an open protective stop set for "catastrophic loss" would have caught this on the way down. (12) 1/16/02--Company issues response to Greenberg article after market close. I still can't figure out why a CFO couldn't have answered these questions when they were asked. Maybe he learned accounting somewhere other than the US and is still learning. A chart with comments is posted at: http://WallStreet-LLC.com/pub/DYII-PostAnal_011602.jpg Katherine --Boundary_(ID_Q7qTwM1eNkPyZ0RaUsK0Dw) Content-type: text/html; charset=iso-8859-1 Content-transfer-encoding: 7BIT
For me, DYII was a CANSLIM breakout at $11.65 (pre March 19 2-for-1split) on January 16 2001. It was a sell in the $19's (post-split) on the first big distribution day on April 17 as it neared the $20 psychological barrier. At that point it was up nearly 300% from its breakout in just 3 months. It was trading at something like 400% of its 200-day ema!
 
I've been watching it since, but the valuation was way too high for me after that. In the microcap world, I think one has to look back to where they began and realize that there ARE valuation barriers to these things. At the recent highs, the market cap was almost $500,000,000 with less than $50,000,000 in ttm revenues. And they never kept the cash on the balance sheet - they used it for acquisitions to fuel their growth.
 
JMHO.
 
Ian
 
 
----- Original Message -----
Sent: Thursday, January 17, 2002 9:30 AM
Subject: [CANSLIM] DYII Revisited--post analysis

DYII is a stock that came up for discussion on the list in early October. This is a stock that crossed my radar, but at the time I passed due to the poor chart action around 10/5. I have been watching it since and was interested in what the chart might have said prior to the failure yesterday. Here is what I saw that would have been sell signals for me:
 
(1) 10/5/01--tail...ominous end to attempted breakout of an 11-1/2 week base. This is one of the reasons (along with due diligence) that I crossed it off the list.
(2) 10/8/01--gap down just before earnings-Co. press release says "short sellers at fault" That's the goofiest reasoning I've ever heard and was a red flag that these guys don't know what they're doing. I never like a gap down just before an earnings announcement. It's a big red flag. If it happens, I'll generally wait for a bounce in the next day or 2 that begins to reverse and will sell into strength.
(3) 11/26/01--Breakout from sloppy 7 wk base. So, let's say someone bought on this breakout...let's see what comes next...
(4) 11/28/01--Reversal that closes below low of previous day just after B/O---I would take at least 50% off the table on this sell rule.
(5) 12/10/01-12/12/01--3 days closing just at "pivot"--red flag....stock has retraced to pivot, but not a sell rule in and of itself.
(6) 1/3/02--promising action on high volume--ok, this action is acceptable, might be ok afterall...but still the red flags are there...more red flags and this one should be out of the portfolio.
(7) 1/8/02-1/9/02--high volume with no progress for 2 days in a row---last red flag in my book, if I'd held the last 50%, it would be gone here.
(8) 1/10/02--high volume tail that closes below low of previous day--if I'd lost focus and missed the last sell, this would be the next sell signal.
(9) 1/14/02--gaps down on earnings day (earnings announced after market close)--sell rule hit---if I'd lost focus and missed everything else...this would be it.
(10) 1/15/02--bounces, but leaves a tail on close---last chance for the exits, a little bounce while the bargain hunters move in. Sell.
(11) 1/16/02--resolution. 2:46 pm, just before market close, Herb Greenberg article at theStreet.com points out possible accounting shenanigans and goofy CEO/CFO nonresponse to income statement inquiries. If I'd missed everything else and this plunged, an open protective stop set for "catastrophic loss" would have caught this on the way down.
(12) 1/16/02--Company issues response to Greenberg article after market close. I still can't figure out why a CFO couldn't have answered these questions when they were asked. Maybe he learned accounting somewhere other than the US and is still learning.
 
A chart with comments is posted at:
 
Katherine
 
 
--Boundary_(ID_Q7qTwM1eNkPyZ0RaUsK0Dw)-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Ian Subject: [CANSLIM] Katherine - Opinion please? Date: 18 Jan 2002 14:40:03 -0800 This is a multi-part message in MIME format. --Boundary_(ID_ilKeSFIUqDUTQT7F0DjDwg) Content-type: text/plain; charset=iso-8859-1 Content-transfer-encoding: 7BIT Would tuesdays distribution day for ELTE make you exit the stock at this point? Do you have any other insights into the chart? I would appreciate your analysis - it is the one big recent winner I am wondering what to do with. Based on all of my past experiences, and knowing the companies outlook, my gut tells me that it needs to consolidate here, but will run into the $20's by mid-year. But I'd rather listen to the chart. I fear I've held it long enough that I may be complacent. Thank you. Ian --Boundary_(ID_ilKeSFIUqDUTQT7F0DjDwg) Content-type: text/html; charset=iso-8859-1 Content-transfer-encoding: 7BIT
Would tuesdays distribution day for ELTE make you exit the stock at this point? Do you have any other insights into the chart?
 
I would appreciate your analysis - it is the one big recent winner I am wondering what to do with. Based on all of my past experiences, and knowing the companies outlook, my gut tells me that it needs to consolidate here, but will run into the $20's by mid-year. But I'd rather listen to the chart. I fear I've held it long enough that I may be complacent.
 
Thank you.
 
Ian
--Boundary_(ID_ilKeSFIUqDUTQT7F0DjDwg)-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Gene Ricci Subject: [CANSLIM] MCAF Bounce Date: 18 Jan 2002 16:31:18 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_02E7_01C1A03D.8E9E9010 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Wasn't much of a bounce but I got out a little after lunch with a teeny = profit... wonder what it would have done if 'they' had liked the IBM = news? Not enough 'courage' to buy it back at the close... oh well, = there's always Tuesday. ------=_NextPart_000_02E7_01C1A03D.8E9E9010 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Wasn't much of a bounce but I got out a little after = lunch=20 with a teeny profit... wonder what it would have done if 'they' had = liked the=20 IBM news? Not enough 'courage' to buy it back at the close... oh well, = there's=20 always Tuesday.
 
 
------=_NextPart_000_02E7_01C1A03D.8E9E9010-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] MCAF Bounce Date: 18 Jan 2002 16:48:45 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_0127_01C1A03F.FE606AC0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Interesting day for MCAF. I'd expect it to bounce around 20-25 for a = while. That it didn't breach that old consolidation zone seems to be = saying that there's enough support to keep the original B/O intact. I'd = bet the volatility dies down a bit unless there's a short squeeze in the = works and then cranks up the price in a hurry. When I originally entered = the position, I felt that the 30 mark was the spot where it would run = into the most trouble.=20 ----- Original Message -----=20 From: Gene Ricci=20 To: canslim@lists.xmission.com=20 Sent: Friday, January 18, 2002 4:31 PM Subject: [CANSLIM] MCAF Bounce Wasn't much of a bounce but I got out a little after lunch with a = teeny profit... wonder what it would have done if 'they' had liked the = IBM news? Not enough 'courage' to buy it back at the close... oh well, = there's always Tuesday. ------=_NextPart_000_0127_01C1A03F.FE606AC0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Interesting day for MCAF. I'd expect it to bounce around 20-25 for = a while.=20 That it didn't breach that old consolidation zone seems to be saying = that=20 there's enough support to keep the original B/O intact. I'd bet the = volatility=20 dies down a bit unless there's a short squeeze in the works and then = cranks up=20 the price in a hurry. When I originally entered the position, I felt = that the 30=20 mark was the spot where it would run into the most trouble.
----- Original Message -----
From:=20 Gene = Ricci
Sent: Friday, January 18, 2002 = 4:31=20 PM
Subject: [CANSLIM] MCAF = Bounce

Wasn't much of a bounce but I got out a little = after lunch=20 with a teeny profit... wonder what it would have done if 'they' had = liked the=20 IBM news? Not enough 'courage' to buy it back at the close... oh well, = there's=20 always Tuesday.
 
 
------=_NextPart_000_0127_01C1A03F.FE606AC0-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re:ELTE (was [CANSLIM] Katherine-Opinion please?] Date: 18 Jan 2002 17:36:33 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_013B_01C1A046.ABE5BF00 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi Ian, Your question has me wondering whether the sell rules that I follow = translate perfectly to thinly traded stocks. But I'll tell you what I = see and the way I would read it if I were to own it: -After the B/O at 7.13, stock moves up and consolidates for about 5 = weeks. This is a "valid" consolidation so that makes the previous base = low 8.01 which was printed on 11/23/01. -Just as a quick check for "overextension" that means that the stock is = 70% above the 200dMA (7.02), 15% above the 50dMA (10.43) and 49.6% above = the base low (8.01). It gets a yellow flag for being 70% above the = 200dMA according to WON's sell rule #34, but does not get a red flag for = the Rubberband Sell Rule. -After the consolidation and breakout 12/18 the stock has started to = show signs of stress. This could easily be market related, but no way to = tell. -1/2/02: New high on low volume. Red flag. -1/10/02 & 1/11/02- two days with little or no price progress on high = volume. Red flag. -With 1 yellow and 2 red flags I thought it worth doing a PE Extension = check. I've reconstructed the PE at the time of the B/O in October using = trailing EPS numbers for the prior quarters. That puts it at $7.13/$.29 = =3D 24.59. The extension warning would then be a forward PE of = 24.59*2.21=3D 54.3. Let's see. DGO doesn't have any estimates, which = means it isn't followed by enough analysts. I checked the internet to = see if I could find anything and ran across this EPS/Rev snapshot: http://yahoo.marketguide.com/MGI/mg.asp?target=3D/stocks/companyinformati= on/highlights&Ticker=3DELTE I am alarmed by the essentially flat revenues over the last 4 years, so = I am going to go with the EPS estimates in my VectorVest software which = reads a measly $.02. That puts the current forward looking PE at = $11.98/$0.02 =3D 599! I'll have to mark that Red Flag. One note is that its industry is fairly healthy, consolidating after = rising, not overly extended and currently ranked in the 2nd quartile. I'll let you take it from there! Katherine ----- Original Message -----=20 From: Ian=20 To: canslim@lists.xmission.com=20 Sent: Friday, January 18, 2002 4:40 PM Subject: [CANSLIM] Katherine - Opinion please? Would tuesdays distribution day for ELTE make you exit the stock at = this point? Do you have any other insights into the chart? I would appreciate your analysis - it is the one big recent winner I = am wondering what to do with. Based on all of my past experiences, and = knowing the companies outlook, my gut tells me that it needs to = consolidate here, but will run into the $20's by mid-year. But I'd = rather listen to the chart. I fear I've held it long enough that I may = be complacent. Thank you. Ian ------=_NextPart_000_013B_01C1A046.ABE5BF00 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Hi Ian,
 
Your question has me wondering whether the sell rules that I follow = translate perfectly to thinly traded stocks. But I'll tell you what I = see and=20 the way I would read it if I were to own it:
 
-After the B/O at 7.13, stock moves up and consolidates for about 5 = weeks.=20 This is a "valid" consolidation so that makes the previous base low 8.01 = which=20 was printed on 11/23/01.
-Just as a quick check for "overextension" that means that the = stock is 70%=20 above the 200dMA (7.02), 15% above the 50dMA (10.43) and 49.6% above the = base=20 low (8.01). It gets a yellow flag for being 70% above the 200dMA = according to=20 WON's sell rule #34, but does not get a red flag for the Rubberband Sell = Rule.
-After the consolidation and breakout 12/18 the stock has started = to show=20 signs of stress. This could easily be market related, but no way to = tell.
-1/2/02: New high on low volume. Red flag.
-1/10/02 & 1/11/02- two days with little or no price progress = on high=20 volume. Red flag.
-With 1 yellow and 2 red flags I thought it worth doing a PE = Extension=20 check. I've reconstructed the PE at the time of the B/O in October using = trailing EPS numbers for the prior quarters. That puts it at $7.13/$.29 = =3D 24.59.=20 The extension warning would then be a forward PE of 24.59*2.21=3D 54.3. = Let's see.=20 DGO doesn't have any estimates, which means it isn't followed by enough=20 analysts. I checked the internet to see if I could find anything and ran = across=20 this EPS/Rev snapshot:
 
http://yahoo.marketguide.com/MGI= /mg.asp?target=3D/stocks/companyinformation/highlights&Ticker=3DELTE<= /A>
 
I am alarmed by the essentially flat revenues over the last 4 = years, so I=20 am going to go with the EPS estimates in my VectorVest software which = reads a=20 measly $.02. That puts the current forward looking PE at $11.98/$0.02 = =3D 599!=20 I'll have to mark that Red Flag.
 
One note is that its industry is fairly healthy, consolidating = after=20 rising, not overly extended and currently ranked in the 2nd = quartile.
 
I'll let you take it from there!
 
Katherine
----- Original Message -----
From:=20 Ian =
Sent: Friday, January 18, 2002 = 4:40=20 PM
Subject: [CANSLIM] Katherine - = Opinion=20 please?

Would tuesdays distribution day for ELTE make you = exit the=20 stock at this point? Do you have any other insights into the=20 chart?
 
I would appreciate your analysis - it is the one = big recent=20 winner I am wondering what to do with. Based on all of my past = experiences,=20 and knowing the companies outlook, my gut tells me that it needs to=20 consolidate here, but will run into the $20's by mid-year. But = I'd rather=20 listen to the chart. I fear I've held it long enough that I may be=20 complacent.
 
Thank you.
 
Ian
------=_NextPart_000_013B_01C1A046.ABE5BF00-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Ian Subject: Re: Re:ELTE (was [CANSLIM] Katherine-Opinion please?] Date: 18 Jan 2002 17:01:18 -0800 This is a multi-part message in MIME format. --Boundary_(ID_pKaEqaqqjzJcLicLaHpO3Q) Content-type: text/plain; charset=iso-8859-1 Content-transfer-encoding: 7BIT Thanks a lot for the chart analysis. The low volume during the new high to $13.50, and the high volume/no progress days on 1/10, 1/11, and 1/15 were the things that concerned me. I convinced myself that the low-volume high was just a case of 'too much, too fast' off the $5 October low. The recent high volume/no movement days are what concern me. There shouldn't be much concern with P/E. The company claimed that Q4 2001, and Q1 2002 were already filled with existing backlog, and I figure that a minimum of $0.16 per Q is easy - so 4 months from now, the ttm EPS will be at least $0.70 if not more, and the P/E at current levels would be under 20. Given their industry group and recent growth rate, a much higher price could easily be supported. But I would like to see more signs of volume accumulation here. After the next earnings report the IBD EPS ranking should go over 85, and the RS is over 90 already, so it should start appearing on IBD radar screens for the first time - including the weekend review. Perhaps it will be a month or so before the next clear direction becomes visible. Thanks again, Ian ----- Original Message ----- From: Katherine Malm To: canslim@lists.xmission.com Sent: Friday, January 18, 2002 3:36 PM Subject: Re:ELTE (was [CANSLIM] Katherine-Opinion please?] Hi Ian, Your question has me wondering whether the sell rules that I follow translate perfectly to thinly traded stocks. But I'll tell you what I see and the way I would read it if I were to own it: -After the B/O at 7.13, stock moves up and consolidates for about 5 weeks. This is a "valid" consolidation so that makes the previous base low 8.01 which was printed on 11/23/01. -Just as a quick check for "overextension" that means that the stock is 70% above the 200dMA (7.02), 15% above the 50dMA (10.43) and 49.6% above the base low (8.01). It gets a yellow flag for being 70% above the 200dMA according to WON's sell rule #34, but does not get a red flag for the Rubberband Sell Rule. -After the consolidation and breakout 12/18 the stock has started to show signs of stress. This could easily be market related, but no way to tell. -1/2/02: New high on low volume. Red flag. -1/10/02 & 1/11/02- two days with little or no price progress on high volume. Red flag. -With 1 yellow and 2 red flags I thought it worth doing a PE Extension check. I've reconstructed the PE at the time of the B/O in October using trailing EPS numbers for the prior quarters. That puts it at $7.13/$.29 = 24.59. The extension warning would then be a forward PE of 24.59*2.21= 54.3. Let's see. DGO doesn't have any estimates, which means it isn't followed by enough analysts. I checked the internet to see if I could find anything and ran across this EPS/Rev snapshot: http://yahoo.marketguide.com/MGI/mg.asp?target=/stocks/companyinformation/highlights&Ticker=ELTE I am alarmed by the essentially flat revenues over the last 4 years, so I am going to go with the EPS estimates in my VectorVest software which reads a measly $.02. That puts the current forward looking PE at $11.98/$0.02 = 599! I'll have to mark that Red Flag. One note is that its industry is fairly healthy, consolidating after rising, not overly extended and currently ranked in the 2nd quartile. I'll let you take it from there! Katherine ----- Original Message ----- From: Ian To: canslim@lists.xmission.com Sent: Friday, January 18, 2002 4:40 PM Subject: [CANSLIM] Katherine - Opinion please? Would tuesdays distribution day for ELTE make you exit the stock at this point? Do you have any other insights into the chart? I would appreciate your analysis - it is the one big recent winner I am wondering what to do with. Based on all of my past experiences, and knowing the companies outlook, my gut tells me that it needs to consolidate here, but will run into the $20's by mid-year. But I'd rather listen to the chart. I fear I've held it long enough that I may be complacent. Thank you. Ian --Boundary_(ID_pKaEqaqqjzJcLicLaHpO3Q) Content-type: text/html; charset=iso-8859-1 Content-transfer-encoding: 7BIT
Thanks a lot for the chart analysis. The low volume during the new high to $13.50, and the high volume/no progress days on 1/10, 1/11, and 1/15 were the things that concerned me. I convinced myself that the low-volume high was just a case of 'too much, too fast' off the $5 October low. The recent high volume/no movement days are what concern me.
 
There shouldn't be much concern with P/E. The company claimed that Q4 2001, and Q1 2002 were already filled with existing backlog, and I figure that a minimum of $0.16 per Q is easy - so 4 months from now, the ttm EPS will be at least $0.70 if not more, and the P/E at current levels would be under 20. Given their industry group and recent growth rate, a much higher price could easily be supported. But I would like to see more signs of volume accumulation here.
 
After the next earnings report the IBD EPS ranking should go over 85, and the RS is over 90 already, so it should start appearing on IBD radar screens for the first time - including the weekend review. Perhaps it will be a month or so before the next clear direction becomes visible.
 
Thanks again,
 
Ian
 
 
 
----- Original Message -----
Sent: Friday, January 18, 2002 3:36 PM
Subject: Re:ELTE (was [CANSLIM] Katherine-Opinion please?]

Hi Ian,
 
Your question has me wondering whether the sell rules that I follow translate perfectly to thinly traded stocks. But I'll tell you what I see and the way I would read it if I were to own it:
 
-After the B/O at 7.13, stock moves up and consolidates for about 5 weeks. This is a "valid" consolidation so that makes the previous base low 8.01 which was printed on 11/23/01.
-Just as a quick check for "overextension" that means that the stock is 70% above the 200dMA (7.02), 15% above the 50dMA (10.43) and 49.6% above the base low (8.01). It gets a yellow flag for being 70% above the 200dMA according to WON's sell rule #34, but does not get a red flag for the Rubberband Sell Rule.
-After the consolidation and breakout 12/18 the stock has started to show signs of stress. This could easily be market related, but no way to tell.
-1/2/02: New high on low volume. Red flag.
-1/10/02 & 1/11/02- two days with little or no price progress on high volume. Red flag.
-With 1 yellow and 2 red flags I thought it worth doing a PE Extension check. I've reconstructed the PE at the time of the B/O in October using trailing EPS numbers for the prior quarters. That puts it at $7.13/$.29 = 24.59. The extension warning would then be a forward PE of 24.59*2.21= 54.3. Let's see. DGO doesn't have any estimates, which means it isn't followed by enough analysts. I checked the internet to see if I could find anything and ran across this EPS/Rev snapshot:
 
 
I am alarmed by the essentially flat revenues over the last 4 years, so I am going to go with the EPS estimates in my VectorVest software which reads a measly $.02. That puts the current forward looking PE at $11.98/$0.02 = 599! I'll have to mark that Red Flag.
 
One note is that its industry is fairly healthy, consolidating after rising, not overly extended and currently ranked in the 2nd quartile.
 
I'll let you take it from there!
 
Katherine
----- Original Message -----
From: Ian
Sent: Friday, January 18, 2002 4:40 PM
Subject: [CANSLIM] Katherine - Opinion please?

Would tuesdays distribution day for ELTE make you exit the stock at this point? Do you have any other insights into the chart?
 
I would appreciate your analysis - it is the one big recent winner I am wondering what to do with. Based on all of my past experiences, and knowing the companies outlook, my gut tells me that it needs to consolidate here, but will run into the $20's by mid-year. But I'd rather listen to the chart. I fear I've held it long enough that I may be complacent.
 
Thank you.
 
Ian
--Boundary_(ID_pKaEqaqqjzJcLicLaHpO3Q)-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: Re:ELTE (was [CANSLIM] Katherine-Opinion please?] Date: 19 Jan 2002 01:25:34 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_01A3_01C1A088.30F3B940 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable I agree, Ian. My second trip on this stock has nearly made up the loss = from the first voyage. Looks more promising now than the first time I = tried it. Sequential growth particularly impressive. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Ian=20 To: canslim@lists.xmission.com=20 Sent: Friday, January 18, 2002 8:01 PM Subject: Re: Re:ELTE (was [CANSLIM] Katherine-Opinion please?] Thanks a lot for the chart analysis. The low volume during the new = high to $13.50, and the high volume/no progress days on 1/10, 1/11, and = 1/15 were the things that concerned me. I convinced myself that the = low-volume high was just a case of 'too much, too fast' off the $5 = October low. The recent high volume/no movement days are what concern = me. There shouldn't be much concern with P/E. The company claimed that Q4 = 2001, and Q1 2002 were already filled with existing backlog, and I = figure that a minimum of $0.16 per Q is easy - so 4 months from now, the = ttm EPS will be at least $0.70 if not more, and the P/E at current = levels would be under 20. Given their industry group and recent growth = rate, a much higher price could easily be supported. But I would like to = see more signs of volume accumulation here.=20 After the next earnings report the IBD EPS ranking should go over 85, = and the RS is over 90 already, so it should start appearing on IBD radar = screens for the first time - including the weekend review. Perhaps it = will be a month or so before the next clear direction becomes visible. Thanks again, Ian ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Friday, January 18, 2002 3:36 PM Subject: Re:ELTE (was [CANSLIM] Katherine-Opinion please?] Hi Ian, Your question has me wondering whether the sell rules that I follow = translate perfectly to thinly traded stocks. But I'll tell you what I = see and the way I would read it if I were to own it: -After the B/O at 7.13, stock moves up and consolidates for about 5 = weeks. This is a "valid" consolidation so that makes the previous base = low 8.01 which was printed on 11/23/01. -Just as a quick check for "overextension" that means that the stock = is 70% above the 200dMA (7.02), 15% above the 50dMA (10.43) and 49.6% = above the base low (8.01). It gets a yellow flag for being 70% above the = 200dMA according to WON's sell rule #34, but does not get a red flag for = the Rubberband Sell Rule. -After the consolidation and breakout 12/18 the stock has started to = show signs of stress. This could easily be market related, but no way to = tell. -1/2/02: New high on low volume. Red flag. -1/10/02 & 1/11/02- two days with little or no price progress on = high volume. Red flag. -With 1 yellow and 2 red flags I thought it worth doing a PE = Extension check. I've reconstructed the PE at the time of the B/O in = October using trailing EPS numbers for the prior quarters. That puts it = at $7.13/$.29 =3D 24.59. The extension warning would then be a forward = PE of 24.59*2.21=3D 54.3. Let's see. DGO doesn't have any estimates, = which means it isn't followed by enough analysts. I checked the internet = to see if I could find anything and ran across this EPS/Rev snapshot: = http://yahoo.marketguide.com/MGI/mg.asp?target=3D/stocks/companyinformati= on/highlights&Ticker=3DELTE I am alarmed by the essentially flat revenues over the last 4 years, = so I am going to go with the EPS estimates in my VectorVest software = which reads a measly $.02. That puts the current forward looking PE at = $11.98/$0.02 =3D 599! I'll have to mark that Red Flag. One note is that its industry is fairly healthy, consolidating after = rising, not overly extended and currently ranked in the 2nd quartile. I'll let you take it from there! Katherine ----- Original Message -----=20 From: Ian=20 To: canslim@lists.xmission.com=20 Sent: Friday, January 18, 2002 4:40 PM Subject: [CANSLIM] Katherine - Opinion please? Would tuesdays distribution day for ELTE make you exit the stock = at this point? Do you have any other insights into the chart? I would appreciate your analysis - it is the one big recent winner = I am wondering what to do with. Based on all of my past experiences, and = knowing the companies outlook, my gut tells me that it needs to = consolidate here, but will run into the $20's by mid-year. But I'd = rather listen to the chart. I fear I've held it long enough that I may = be complacent. Thank you. Ian ------=_NextPart_000_01A3_01C1A088.30F3B940 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
I agree, Ian. My second trip on this stock has = nearly made=20 up the loss from the first voyage. Looks more promising now than the = first time=20 I tried it. Sequential growth particularly impressive.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Ian =
Sent: Friday, January 18, 2002 = 8:01=20 PM
Subject: Re: Re:ELTE (was = [CANSLIM]=20 Katherine-Opinion please?]

Thanks a lot for the chart analysis. The low = volume during=20 the new high to $13.50, and the high volume/no progress days on 1/10, = 1/11,=20 and 1/15 were the things that concerned me. I convinced myself that = the=20 low-volume high was just a case of 'too much, too fast' off the $5 = October=20 low. The recent high volume/no movement days are what concern=20 me.
 
There shouldn't be much concern with P/E. The = company=20 claimed that Q4 2001, and Q1 2002 were already filled with existing = backlog,=20 and I figure that a minimum of $0.16 per Q is easy - so 4 months from = now, the=20 ttm EPS will be at least $0.70 if not more, and the P/E at current = levels=20 would be under 20. Given their industry group and recent growth rate, = a much=20 higher price could easily be supported. But I would like to see more = signs of=20 volume accumulation here.
 
After the next earnings report the IBD EPS ranking = should go=20 over 85, and the RS is over 90 already, so it should start appearing = on IBD=20 radar screens for the first time - including the weekend review. = Perhaps it=20 will be a month or so before the next clear direction becomes=20 visible.
 
Thanks again,
 
Ian
 
 
 
----- Original Message -----
From:=20 Katherine=20 Malm
Sent: Friday, January 18, = 2002 3:36=20 PM
Subject: Re:ELTE (was = [CANSLIM]=20 Katherine-Opinion please?]

Hi Ian,
 
Your question has me wondering whether the sell rules that I = follow=20 translate perfectly to thinly traded stocks. But I'll tell you what = I see=20 and the way I would read it if I were to own it:
 
-After the B/O at 7.13, stock moves up and consolidates for = about 5=20 weeks. This is a "valid" consolidation so that makes the previous = base low=20 8.01 which was printed on 11/23/01.
-Just as a quick check for "overextension" that means that the = stock is=20 70% above the 200dMA (7.02), 15% above the 50dMA (10.43) and 49.6% = above the=20 base low (8.01). It gets a yellow flag for being 70% above the = 200dMA=20 according to WON's sell rule #34, but does not get a red flag for = the=20 Rubberband Sell Rule.
-After the consolidation and breakout 12/18 the stock has = started to=20 show signs of stress. This could easily be market related, but no = way to=20 tell.
-1/2/02: New high on low volume. Red flag.
-1/10/02 & 1/11/02- two days with little or no price = progress on=20 high volume. Red flag.
-With 1 yellow and 2 red flags I thought it worth doing a PE = Extension=20 check. I've reconstructed the PE at the time of the B/O in October = using=20 trailing EPS numbers for the prior quarters. That puts it at = $7.13/$.29 =3D=20 24.59. The extension warning would then be a forward PE of = 24.59*2.21=3D 54.3.=20 Let's see. DGO doesn't have any estimates, which means it isn't = followed by=20 enough analysts. I checked the internet to see if I could find = anything and=20 ran across this EPS/Rev snapshot:
 
http://yahoo.marketguide.com/MGI= /mg.asp?target=3D/stocks/companyinformation/highlights&Ticker=3DELTE<= /A>
 
I am alarmed by the essentially flat revenues over the last 4 = years, so=20 I am going to go with the EPS estimates in my VectorVest software = which=20 reads a measly $.02. That puts the current forward looking PE at=20 $11.98/$0.02 =3D 599! I'll have to mark that Red Flag.
 
One note is that its industry is fairly healthy, consolidating = after=20 rising, not overly extended and currently ranked in the 2nd=20 quartile.
 
I'll let you take it from there!
 
Katherine
----- Original Message ----- =
From:=20 Ian =
To: canslim@lists.xmission.com= =20
Sent: Friday, January 18, = 2002 4:40=20 PM
Subject: [CANSLIM] = Katherine -=20 Opinion please?

Would tuesdays distribution day for ELTE make = you exit=20 the stock at this point? Do you have any other insights into the=20 chart?
 
I would appreciate your analysis - it is the = one big=20 recent winner I am wondering what to do with. Based on all of my = past=20 experiences, and knowing the companies outlook, my gut tells me = that it=20 needs to consolidate here, but will run into the $20's by = mid-year.=20 But I'd rather listen to the chart. I fear I've held it long = enough that I=20 may be complacent.
 
Thank you.
 
Ian
------=_NextPart_000_01A3_01C1A088.30F3B940-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: Re:ELTE (was [CANSLIM] Katherine-Opinion please?] Date: 19 Jan 2002 08:09:35 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_0045_01C1A0C0.A1DF1040 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Tom, Ian Just curious...where do you get $.16/Q EPS estimates? I took a *very* = quick glance at the last 10Q, are you basing this on the acquisition in = 2000? Katherine ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Saturday, January 19, 2002 12:25 AM Subject: Re: Re:ELTE (was [CANSLIM] Katherine-Opinion please?] I agree, Ian. My second trip on this stock has nearly made up the loss = from the first voyage. Looks more promising now than the first time I = tried it. Sequential growth particularly impressive. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Ian=20 To: canslim@lists.xmission.com=20 Sent: Friday, January 18, 2002 8:01 PM Subject: Re: Re:ELTE (was [CANSLIM] Katherine-Opinion please?] Thanks a lot for the chart analysis. The low volume during the new = high to $13.50, and the high volume/no progress days on 1/10, 1/11, and = 1/15 were the things that concerned me. I convinced myself that the = low-volume high was just a case of 'too much, too fast' off the $5 = October low. The recent high volume/no movement days are what concern = me. There shouldn't be much concern with P/E. The company claimed that = Q4 2001, and Q1 2002 were already filled with existing backlog, and I = figure that a minimum of $0.16 per Q is easy - so 4 months from now, the = ttm EPS will be at least $0.70 if not more, and the P/E at current = levels would be under 20. Given their industry group and recent growth = rate, a much higher price could easily be supported. But I would like to = see more signs of volume accumulation here.=20 After the next earnings report the IBD EPS ranking should go over = 85, and the RS is over 90 already, so it should start appearing on IBD = radar screens for the first time - including the weekend review. Perhaps = it will be a month or so before the next clear direction becomes = visible. Thanks again, Ian ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Friday, January 18, 2002 3:36 PM Subject: Re:ELTE (was [CANSLIM] Katherine-Opinion please?] Hi Ian, Your question has me wondering whether the sell rules that I = follow translate perfectly to thinly traded stocks. But I'll tell you = what I see and the way I would read it if I were to own it: -After the B/O at 7.13, stock moves up and consolidates for about = 5 weeks. This is a "valid" consolidation so that makes the previous base = low 8.01 which was printed on 11/23/01. -Just as a quick check for "overextension" that means that the = stock is 70% above the 200dMA (7.02), 15% above the 50dMA (10.43) and = 49.6% above the base low (8.01). It gets a yellow flag for being 70% = above the 200dMA according to WON's sell rule #34, but does not get a = red flag for the Rubberband Sell Rule. -After the consolidation and breakout 12/18 the stock has started = to show signs of stress. This could easily be market related, but no way = to tell. -1/2/02: New high on low volume. Red flag. -1/10/02 & 1/11/02- two days with little or no price progress on = high volume. Red flag. -With 1 yellow and 2 red flags I thought it worth doing a PE = Extension check. I've reconstructed the PE at the time of the B/O in = October using trailing EPS numbers for the prior quarters. That puts it = at $7.13/$.29 =3D 24.59. The extension warning would then be a forward = PE of 24.59*2.21=3D 54.3. Let's see. DGO doesn't have any estimates, = which means it isn't followed by enough analysts. I checked the internet = to see if I could find anything and ran across this EPS/Rev snapshot: = http://yahoo.marketguide.com/MGI/mg.asp?target=3D/stocks/companyinformati= on/highlights&Ticker=3DELTE I am alarmed by the essentially flat revenues over the last 4 = years, so I am going to go with the EPS estimates in my VectorVest = software which reads a measly $.02. That puts the current forward = looking PE at $11.98/$0.02 =3D 599! I'll have to mark that Red Flag. One note is that its industry is fairly healthy, consolidating = after rising, not overly extended and currently ranked in the 2nd = quartile. I'll let you take it from there! Katherine ----- Original Message -----=20 From: Ian=20 To: canslim@lists.xmission.com=20 Sent: Friday, January 18, 2002 4:40 PM Subject: [CANSLIM] Katherine - Opinion please? Would tuesdays distribution day for ELTE make you exit the stock = at this point? Do you have any other insights into the chart? I would appreciate your analysis - it is the one big recent = winner I am wondering what to do with. Based on all of my past = experiences, and knowing the companies outlook, my gut tells me that it = needs to consolidate here, but will run into the $20's by mid-year. But = I'd rather listen to the chart. I fear I've held it long enough that I = may be complacent. Thank you. Ian ------=_NextPart_000_0045_01C1A0C0.A1DF1040 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Tom, Ian
 
Just curious...where do you get $.16/Q EPS estimates? I took a = *very* quick=20 glance at the last 10Q, are you basing this on the acquisition in = 2000?
 
Katherine
----- Original Message -----
From:=20 Tom = Worley=20
Sent: Saturday, January 19, = 2002 12:25=20 AM
Subject: Re: Re:ELTE (was = [CANSLIM]=20 Katherine-Opinion please?]

I agree, Ian. My second trip on this stock has = nearly=20 made up the loss from the first voyage. Looks more promising now than = the=20 first time I tried it. Sequential growth particularly = impressive.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Ian =
Sent: Friday, January 18, = 2002 8:01=20 PM
Subject: Re: Re:ELTE (was = [CANSLIM]=20 Katherine-Opinion please?]

Thanks a lot for the chart analysis. The low = volume during=20 the new high to $13.50, and the high volume/no progress days on = 1/10, 1/11,=20 and 1/15 were the things that concerned me. I convinced myself that = the=20 low-volume high was just a case of 'too much, too fast' off the $5 = October=20 low. The recent high volume/no movement days are what concern=20 me.
 
There shouldn't be much concern with P/E. The = company=20 claimed that Q4 2001, and Q1 2002 were already filled with existing = backlog,=20 and I figure that a minimum of $0.16 per Q is easy - so 4 months = from now,=20 the ttm EPS will be at least $0.70 if not more, and the P/E at = current=20 levels would be under 20. Given their industry group and recent = growth rate,=20 a much higher price could easily be supported. But I would like to = see more=20 signs of volume accumulation here.
 
After the next earnings report the IBD EPS = ranking should=20 go over 85, and the RS is over 90 already, so it should start = appearing on=20 IBD radar screens for the first time - including the weekend review. = Perhaps=20 it will be a month or so before the next clear direction becomes=20 visible.
 
Thanks again,
 
Ian
 
 
 
----- Original Message -----
From:=20 Katherine=20 Malm
To: canslim@lists.xmission.com= =20
Sent: Friday, January 18, = 2002 3:36=20 PM
Subject: Re:ELTE (was = [CANSLIM]=20 Katherine-Opinion please?]

Hi Ian,
 
Your question has me wondering whether the sell rules that I = follow=20 translate perfectly to thinly traded stocks. But I'll tell you = what I see=20 and the way I would read it if I were to own it:
 
-After the B/O at 7.13, stock moves up and consolidates for = about 5=20 weeks. This is a "valid" consolidation so that makes the previous = base low=20 8.01 which was printed on 11/23/01.
-Just as a quick check for "overextension" that means that = the stock=20 is 70% above the 200dMA (7.02), 15% above the 50dMA (10.43) and = 49.6%=20 above the base low (8.01). It gets a yellow flag for being 70% = above the=20 200dMA according to WON's sell rule #34, but does not get a red = flag for=20 the Rubberband Sell Rule.
-After the consolidation and breakout 12/18 the stock has = started to=20 show signs of stress. This could easily be market related, but no = way to=20 tell.
-1/2/02: New high on low volume. Red flag.
-1/10/02 & 1/11/02- two days with little or no price = progress on=20 high volume. Red flag.
-With 1 yellow and 2 red flags I thought it worth doing a PE=20 Extension check. I've reconstructed the PE at the time of the B/O = in=20 October using trailing EPS numbers for the prior quarters. That = puts it at=20 $7.13/$.29 =3D 24.59. The extension warning would then be a = forward PE of=20 24.59*2.21=3D 54.3. Let's see. DGO doesn't have any estimates, = which means=20 it isn't followed by enough analysts. I checked the internet to = see if I=20 could find anything and ran across this EPS/Rev snapshot:
 
http://yahoo.marketguide.com/MGI= /mg.asp?target=3D/stocks/companyinformation/highlights&Ticker=3DELTE<= /A>
 
I am alarmed by the essentially flat revenues over the last 4 = years,=20 so I am going to go with the EPS estimates in my VectorVest = software which=20 reads a measly $.02. That puts the current forward looking PE at=20 $11.98/$0.02 =3D 599! I'll have to mark that Red Flag.
 
One note is that its industry is fairly healthy, = consolidating after=20 rising, not overly extended and currently ranked in the 2nd=20 quartile.
 
I'll let you take it from there!
 
Katherine
----- Original Message ----- =
From:=20 Ian =
To: canslim@lists.xmission.com= =20
Sent: Friday, January 18, = 2002 4:40=20 PM
Subject: [CANSLIM] = Katherine -=20 Opinion please?

Would tuesdays distribution day for ELTE = make you exit=20 the stock at this point? Do you have any other insights into the = chart?
 
I would appreciate your analysis - it is the = one big=20 recent winner I am wondering what to do with. Based on all of my = past=20 experiences, and knowing the companies outlook, my gut tells me = that it=20 needs to consolidate here, but will run into the $20's by = mid-year.=20 But I'd rather listen to the chart. I fear I've held it long = enough that=20 I may be complacent.
 
Thank you.
 
Ian
------=_NextPart_000_0045_01C1A0C0.A1DF1040-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: Re:ELTE (was [CANSLIM] Katherine-Opinion please?] Date: 19 Jan 2002 09:27:50 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_0027_01C1A0CB.9063CF30 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi Katherine, I see 16 cents as easy based on the last 4 sequential quarters (last two = were 16 and 23 cents). Sales appear to be accelerating thru Q3, so even = a moderate slowdown in acceleration should still leave them well over 16 = cents/qtr. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Saturday, January 19, 2002 9:09 AM Subject: Re: Re:ELTE (was [CANSLIM] Katherine-Opinion please?] Tom, Ian Just curious...where do you get $.16/Q EPS estimates? I took a *very* = quick glance at the last 10Q, are you basing this on the acquisition in = 2000? Katherine ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Saturday, January 19, 2002 12:25 AM Subject: Re: Re:ELTE (was [CANSLIM] Katherine-Opinion please?] I agree, Ian. My second trip on this stock has nearly made up the = loss from the first voyage. Looks more promising now than the first time = I tried it. Sequential growth particularly impressive. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Ian=20 To: canslim@lists.xmission.com=20 Sent: Friday, January 18, 2002 8:01 PM Subject: Re: Re:ELTE (was [CANSLIM] Katherine-Opinion please?] Thanks a lot for the chart analysis. The low volume during the new = high to $13.50, and the high volume/no progress days on 1/10, 1/11, and = 1/15 were the things that concerned me. I convinced myself that the = low-volume high was just a case of 'too much, too fast' off the $5 = October low. The recent high volume/no movement days are what concern = me. There shouldn't be much concern with P/E. The company claimed that = Q4 2001, and Q1 2002 were already filled with existing backlog, and I = figure that a minimum of $0.16 per Q is easy - so 4 months from now, the = ttm EPS will be at least $0.70 if not more, and the P/E at current = levels would be under 20. Given their industry group and recent growth = rate, a much higher price could easily be supported. But I would like to = see more signs of volume accumulation here.=20 After the next earnings report the IBD EPS ranking should go over = 85, and the RS is over 90 already, so it should start appearing on IBD = radar screens for the first time - including the weekend review. Perhaps = it will be a month or so before the next clear direction becomes = visible. Thanks again, Ian ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Friday, January 18, 2002 3:36 PM Subject: Re:ELTE (was [CANSLIM] Katherine-Opinion please?] Hi Ian, Your question has me wondering whether the sell rules that I = follow translate perfectly to thinly traded stocks. But I'll tell you = what I see and the way I would read it if I were to own it: -After the B/O at 7.13, stock moves up and consolidates for = about 5 weeks. This is a "valid" consolidation so that makes the = previous base low 8.01 which was printed on 11/23/01. -Just as a quick check for "overextension" that means that the = stock is 70% above the 200dMA (7.02), 15% above the 50dMA (10.43) and = 49.6% above the base low (8.01). It gets a yellow flag for being 70% = above the 200dMA according to WON's sell rule #34, but does not get a = red flag for the Rubberband Sell Rule. -After the consolidation and breakout 12/18 the stock has = started to show signs of stress. This could easily be market related, = but no way to tell. -1/2/02: New high on low volume. Red flag. -1/10/02 & 1/11/02- two days with little or no price progress on = high volume. Red flag. -With 1 yellow and 2 red flags I thought it worth doing a PE = Extension check. I've reconstructed the PE at the time of the B/O in = October using trailing EPS numbers for the prior quarters. That puts it = at $7.13/$.29 =3D 24.59. The extension warning would then be a forward = PE of 24.59*2.21=3D 54.3. Let's see. DGO doesn't have any estimates, = which means it isn't followed by enough analysts. I checked the internet = to see if I could find anything and ran across this EPS/Rev snapshot: = http://yahoo.marketguide.com/MGI/mg.asp?target=3D/stocks/companyinformati= on/highlights&Ticker=3DELTE I am alarmed by the essentially flat revenues over the last 4 = years, so I am going to go with the EPS estimates in my VectorVest = software which reads a measly $.02. That puts the current forward = looking PE at $11.98/$0.02 =3D 599! I'll have to mark that Red Flag. One note is that its industry is fairly healthy, consolidating = after rising, not overly extended and currently ranked in the 2nd = quartile. I'll let you take it from there! Katherine ----- Original Message -----=20 From: Ian=20 To: canslim@lists.xmission.com=20 Sent: Friday, January 18, 2002 4:40 PM Subject: [CANSLIM] Katherine - Opinion please? Would tuesdays distribution day for ELTE make you exit the = stock at this point? Do you have any other insights into the chart? I would appreciate your analysis - it is the one big recent = winner I am wondering what to do with. Based on all of my past = experiences, and knowing the companies outlook, my gut tells me that it = needs to consolidate here, but will run into the $20's by mid-year. But = I'd rather listen to the chart. I fear I've held it long enough that I = may be complacent. Thank you. Ian ------=_NextPart_000_0027_01C1A0CB.9063CF30 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Hi Katherine,
 
I see 16 cents as easy based on the last 4 = sequential=20 quarters (last two were 16 and 23 cents). Sales appear to be = accelerating thru=20 Q3, so even a moderate slowdown in acceleration should still leave them = well=20 over 16 cents/qtr.
 
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Katherine=20 Malm
Sent: Saturday, January 19, = 2002 9:09=20 AM
Subject: Re: Re:ELTE (was = [CANSLIM]=20 Katherine-Opinion please?]

Tom, Ian
 
Just curious...where do you get $.16/Q EPS estimates? I took a = *very*=20 quick glance at the last 10Q, are you basing this on the acquisition = in=20 2000?
 
Katherine
----- Original Message -----
From:=20 Tom=20 Worley
Sent: Saturday, January 19, = 2002 12:25=20 AM
Subject: Re: Re:ELTE (was = [CANSLIM]=20 Katherine-Opinion please?]

I agree, Ian. My second trip on this stock = has nearly=20 made up the loss from the first voyage. Looks more promising now = than the=20 first time I tried it. Sequential growth particularly=20 impressive.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message ----- =
From:=20 Ian =
To: canslim@lists.xmission.com= =20
Sent: Friday, January 18, = 2002 8:01=20 PM
Subject: Re: Re:ELTE (was = [CANSLIM]=20 Katherine-Opinion please?]

Thanks a lot for the chart analysis. The low = volume=20 during the new high to $13.50, and the high volume/no progress = days on=20 1/10, 1/11, and 1/15 were the things that concerned me. I = convinced myself=20 that the low-volume high was just a case of 'too much, too fast' = off the=20 $5 October low. The recent high volume/no movement days are = what=20 concern me.
 
There shouldn't be much concern with P/E. The = company=20 claimed that Q4 2001, and Q1 2002 were already filled with = existing=20 backlog, and I figure that a minimum of $0.16 per Q is easy - so 4 = months=20 from now, the ttm EPS will be at least $0.70 if not more, and the = P/E at=20 current levels would be under 20. Given their industry group and = recent=20 growth rate, a much higher price could easily be supported. But I = would=20 like to see more signs of volume accumulation here.
 
After the next earnings report the IBD EPS = ranking=20 should go over 85, and the RS is over 90 already, so it should = start=20 appearing on IBD radar screens for the first time - including the = weekend=20 review. Perhaps it will be a month or so before the next clear = direction=20 becomes visible.
 
Thanks again,
 
Ian
 
 
 
----- Original Message -----
From:=20 Katherine=20 Malm
To: canslim@lists.xmission.com= =20
Sent: Friday, January 18, = 2002 3:36=20 PM
Subject: Re:ELTE (was = [CANSLIM]=20 Katherine-Opinion please?]

Hi Ian,
 
Your question has me wondering whether the sell rules that = I follow=20 translate perfectly to thinly traded stocks. But I'll tell you = what I=20 see and the way I would read it if I were to own it:
 
-After the B/O at 7.13, stock moves up and consolidates for = about 5=20 weeks. This is a "valid" consolidation so that makes the = previous base=20 low 8.01 which was printed on 11/23/01.
-Just as a quick check for "overextension" that means that = the=20 stock is 70% above the 200dMA (7.02), 15% above the 50dMA = (10.43) and=20 49.6% above the base low (8.01). It gets a yellow flag for being = 70%=20 above the 200dMA according to WON's sell rule #34, but does not = get a=20 red flag for the Rubberband Sell Rule.
-After the consolidation and breakout 12/18 the stock has = started=20 to show signs of stress. This could easily be market related, = but no way=20 to tell.
-1/2/02: New high on low volume. Red flag.
-1/10/02 & 1/11/02- two days with little or no price = progress=20 on high volume. Red flag.
-With 1 yellow and 2 red flags I thought it worth doing a = PE=20 Extension check. I've reconstructed the PE at the time of the = B/O in=20 October using trailing EPS numbers for the prior quarters. That = puts it=20 at $7.13/$.29 =3D 24.59. The extension warning would then be a = forward PE=20 of 24.59*2.21=3D 54.3. Let's see. DGO doesn't have any = estimates, which=20 means it isn't followed by enough analysts. I checked the = internet to=20 see if I could find anything and ran across this EPS/Rev = snapshot:
 
http://yahoo.marketguide.com/MGI= /mg.asp?target=3D/stocks/companyinformation/highlights&Ticker=3DELTE<= /A>
 
I am alarmed by the essentially flat revenues over the last = 4=20 years, so I am going to go with the EPS estimates in my = VectorVest=20 software which reads a measly $.02. That puts the current = forward=20 looking PE at $11.98/$0.02 =3D 599! I'll have to mark that Red = Flag.
 
One note is that its industry is fairly healthy, = consolidating=20 after rising, not overly extended and currently ranked in = the 2nd=20 quartile.
 
I'll let you take it from there!
 
Katherine
----- Original Message ----- =
From:=20 Ian
To: canslim@lists.xmission.com= =20
Sent: Friday, January = 18, 2002=20 4:40 PM
Subject: [CANSLIM] = Katherine -=20 Opinion please?

Would tuesdays distribution day for ELTE = make you=20 exit the stock at this point? Do you have any other insights = into the=20 chart?
 
I would appreciate your analysis - it is = the one big=20 recent winner I am wondering what to do with. Based on all of = my past=20 experiences, and knowing the companies outlook, my gut tells = me that=20 it needs to consolidate here, but will run into the $20's = by=20 mid-year. But I'd rather listen to the chart. I fear I've held = it long=20 enough that I may be complacent.
 
Thank you.
 
Ian
------=_NextPart_000_0027_01C1A0CB.9063CF30-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: Re:ELTE (was [CANSLIM] Katherine-Opinion please?] Date: 19 Jan 2002 08:48:39 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_0061_01C1A0C6.1711DD20 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi Tom This is what I don't get, and I'm not trying to be objectionable, = just trying to find out how you'd get $.16/quarter given the company's = history. When I look at this, I see OK growth in revenues, but the = company continuously has good and bad quarters. I noticed in the 10Q = that they capitalize software development and then write it off in = chunks every so often (not uncommon) and it's possible that these = negative quarters every so often are related to that. I'm guessing if I = were to dig further into the financials I would get to know them better. = I know that they did an acquisition in 2000, and I'd assume that the = growth in EPS would be related. I look at Sept/Oct 99 and see really = nice quarters just like the last two we've seen recently, but they are = then followed by negative or so-so quarters. That raises red flags and = would lead me to question whether the growth pattern shown recently can = be projected into the future. Katherine GROWTH RATES=20 1 Year 3 Years 5 Years=20 Sales % -11.70 15.54 -14.53=20 EPS % NM NM NM=20 Dividend % NM NM NM=20 REVENUE=20 Quarters 1998 1999 2000 2001=20 MAR 8,343 12,988 13,334 14,295=20 JUN 10,850 15,401 13,741 17,392=20 SEP 12,385 15,381 12,858 18,516=20 DEC 13,484 15,496 12,399 =20 =20 Totals 45,062 59,266 52,332 50,203=20 Note: Units in Thousands of U.S. Dollars=20 =20 =20 EARNINGS PER SHARE=20 Quarters 1998 1999 2000 2001=20 MAR -0.070 0.010 0.050 -0.040=20 JUN -0.060 0.080 0.010 0.160=20 SEP 0.020 0.140 -0.020 0.230=20 DEC -0.030 0.210 -0.060 =20 =20 Totals -0.140 0.440 -0.020 0.350=20 Note: Units in U.S. Dollars=20 =20 ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Saturday, January 19, 2002 8:27 AM Subject: Re: Re:ELTE (was [CANSLIM] Katherine-Opinion please?] Hi Katherine, I see 16 cents as easy based on the last 4 sequential quarters (last = two were 16 and 23 cents). Sales appear to be accelerating thru Q3, so = even a moderate slowdown in acceleration should still leave them well = over 16 cents/qtr. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Saturday, January 19, 2002 9:09 AM Subject: Re: Re:ELTE (was [CANSLIM] Katherine-Opinion please?] Tom, Ian Just curious...where do you get $.16/Q EPS estimates? I took a = *very* quick glance at the last 10Q, are you basing this on the = acquisition in 2000? Katherine ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Saturday, January 19, 2002 12:25 AM Subject: Re: Re:ELTE (was [CANSLIM] Katherine-Opinion please?] I agree, Ian. My second trip on this stock has nearly made up the = loss from the first voyage. Looks more promising now than the first time = I tried it. Sequential growth particularly impressive. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Ian=20 To: canslim@lists.xmission.com=20 Sent: Friday, January 18, 2002 8:01 PM Subject: Re: Re:ELTE (was [CANSLIM] Katherine-Opinion please?] Thanks a lot for the chart analysis. The low volume during the = new high to $13.50, and the high volume/no progress days on 1/10, 1/11, = and 1/15 were the things that concerned me. I convinced myself that the = low-volume high was just a case of 'too much, too fast' off the $5 = October low. The recent high volume/no movement days are what concern = me. There shouldn't be much concern with P/E. The company claimed = that Q4 2001, and Q1 2002 were already filled with existing backlog, and = I figure that a minimum of $0.16 per Q is easy - so 4 months from now, = the ttm EPS will be at least $0.70 if not more, and the P/E at current = levels would be under 20. Given their industry group and recent growth = rate, a much higher price could easily be supported. But I would like to = see more signs of volume accumulation here.=20 After the next earnings report the IBD EPS ranking should go = over 85, and the RS is over 90 already, so it should start appearing on = IBD radar screens for the first time - including the weekend review. = Perhaps it will be a month or so before the next clear direction becomes = visible. Thanks again, Ian ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Friday, January 18, 2002 3:36 PM Subject: Re:ELTE (was [CANSLIM] Katherine-Opinion please?] Hi Ian, Your question has me wondering whether the sell rules that I = follow translate perfectly to thinly traded stocks. But I'll tell you = what I see and the way I would read it if I were to own it: -After the B/O at 7.13, stock moves up and consolidates for = about 5 weeks. This is a "valid" consolidation so that makes the = previous base low 8.01 which was printed on 11/23/01. -Just as a quick check for "overextension" that means that the = stock is 70% above the 200dMA (7.02), 15% above the 50dMA (10.43) and = 49.6% above the base low (8.01). It gets a yellow flag for being 70% = above the 200dMA according to WON's sell rule #34, but does not get a = red flag for the Rubberband Sell Rule. -After the consolidation and breakout 12/18 the stock has = started to show signs of stress. This could easily be market related, = but no way to tell. -1/2/02: New high on low volume. Red flag. -1/10/02 & 1/11/02- two days with little or no price progress = on high volume. Red flag. -With 1 yellow and 2 red flags I thought it worth doing a PE = Extension check. I've reconstructed the PE at the time of the B/O in = October using trailing EPS numbers for the prior quarters. That puts it = at $7.13/$.29 =3D 24.59. The extension warning would then be a forward = PE of 24.59*2.21=3D 54.3. Let's see. DGO doesn't have any estimates, = which means it isn't followed by enough analysts. I checked the internet = to see if I could find anything and ran across this EPS/Rev snapshot: = http://yahoo.marketguide.com/MGI/mg.asp?target=3D/stocks/companyinformati= on/highlights&Ticker=3DELTE I am alarmed by the essentially flat revenues over the last 4 = years, so I am going to go with the EPS estimates in my VectorVest = software which reads a measly $.02. That puts the current forward = looking PE at $11.98/$0.02 =3D 599! I'll have to mark that Red Flag. One note is that its industry is fairly healthy, consolidating = after rising, not overly extended and currently ranked in the 2nd = quartile. I'll let you take it from there! Katherine ----- Original Message -----=20 From: Ian=20 To: canslim@lists.xmission.com=20 Sent: Friday, January 18, 2002 4:40 PM Subject: [CANSLIM] Katherine - Opinion please? Would tuesdays distribution day for ELTE make you exit the = stock at this point? Do you have any other insights into the chart? I would appreciate your analysis - it is the one big recent = winner I am wondering what to do with. Based on all of my past = experiences, and knowing the companies outlook, my gut tells me that it = needs to consolidate here, but will run into the $20's by mid-year. But = I'd rather listen to the chart. I fear I've held it long enough that I = may be complacent. Thank you. Ian ------=_NextPart_000_0061_01C1A0C6.1711DD20 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Infographic =  =20
Click here=20 to download a printable version of this chart in = Adobe=20 Acrobat PDF format.
If you do not already have a copy of the = Adobe=20 Acrobat Reader, you can download a free copy of = the Adobe=20 Acrobat Reader from Adobe's = home-page.

You can also see this article online:
http://www= .theonion.com/onion3801/infograph_3801.html

The=20 Onion=AE is not intended for readers under 18 years of=20 age.
- -To subscribe/unsubscribe, email=20 "majordomo@xmission.com" -In the email body, write "subscribe = canslim"=20 or -"unsubscribe canslim". Do not use quotes in your=20 email.
Hi Tom
 
This is what I don't get, and I'm not trying to = be=20 objectionable, just trying to find out how you'd get $.16/quarter = given=20 the company's history. When I look at this, I see OK growth in = revenues,=20 but the company continuously has good and bad quarters. I noticed = in the=20 10Q that they capitalize software development and then write it = off in=20 chunks every so often (not uncommon) and it's possible that = these=20 negative quarters every so often are related to that. I'm guessing = if I=20 were to dig further into the financials I would get to know them = better. I=20 know that they did an acquisition in 2000, and I'd assume that the = growth=20 in EPS would be related. I look at Sept/Oct 99 and see really nice = quarters just like the last two we've seen recently, but they are = then=20 followed by negative or so-so quarters. That raises red flags and = would=20 lead me to question whether the growth pattern shown recently can = be=20 projected into the future.
 
Katherine
 
GROWTH RATES
1 Year 3 Years 5 Years
Sales % -11.70 15.54 -14.53
EPS % NM NM NM
Dividend % NM NM NM

REVENUE
Quarters 1998 1999 2000 2001
MAR 8,343 12,988 13,334 14,295
JUN 10,850 15,401 13,741 17,392
SEP 12,385 15,381 12,858 18,516
DEC 13,484 15,496 12,399
Totals 45,062 59,266 52,332 50,203
Note:  Units in Thousands of U.S. = Dollars
 
EARNINGS PER = SHARE
Quarters 1998 1999 2000 2001
MAR -0.070 0.010 0.050 -0.040
JUN -0.060 0.080 0.010 0.160
SEP 0.020 0.140 -0.020 0.230
DEC -0.030 0.210 -0.060
Totals -0.140 0.440 -0.020 0.350
Note:  Units in U.S.=20 = Dollars
----- Original Message -----
From:=20 Tom = Worley=20
Sent: Saturday, January 19, = 2002 8:27=20 AM
Subject: Re: Re:ELTE (was = [CANSLIM]=20 Katherine-Opinion please?]

Hi Katherine,
 
I see 16 cents as easy based on the last 4 = sequential=20 quarters (last two were 16 and 23 cents). Sales appear to be = accelerating thru=20 Q3, so even a moderate slowdown in acceleration should still leave = them well=20 over 16 cents/qtr.
 
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Katherine=20 Malm
Sent: Saturday, January 19, = 2002 9:09=20 AM
Subject: Re: Re:ELTE (was = [CANSLIM]=20 Katherine-Opinion please?]

Tom, Ian
 
Just curious...where do you get $.16/Q EPS estimates? I took a = *very*=20 quick glance at the last 10Q, are you basing this on the acquisition = in=20 2000?
 
Katherine
----- Original Message ----- =
From:=20 Tom=20 Worley
To: canslim@lists.xmission.com= =20
Sent: Saturday, January 19, = 2002=20 12:25 AM
Subject: Re: Re:ELTE (was = [CANSLIM]=20 Katherine-Opinion please?]

I agree, Ian. My second trip on this stock = has=20 nearly made up the loss from the first voyage. Looks more = promising now=20 than the first time I tried it. Sequential growth particularly=20 impressive.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message ----- =
From:=20 Ian =
To: canslim@lists.xmission.com= =20
Sent: Friday, January 18, = 2002 8:01=20 PM
Subject: Re: Re:ELTE (was = [CANSLIM]=20 Katherine-Opinion please?]

Thanks a lot for the chart analysis. The low = volume=20 during the new high to $13.50, and the high volume/no progress = days on=20 1/10, 1/11, and 1/15 were the things that concerned me. I = convinced=20 myself that the low-volume high was just a case of 'too much, = too fast'=20 off the $5 October low. The recent high volume/no movement = days are=20 what concern me.
 
There shouldn't be much concern with P/E. = The company=20 claimed that Q4 2001, and Q1 2002 were already filled with = existing=20 backlog, and I figure that a minimum of $0.16 per Q is easy - so = 4=20 months from now, the ttm EPS will be at least $0.70 if not more, = and the=20 P/E at current levels would be under 20. Given their industry = group and=20 recent growth rate, a much higher price could easily be = supported. But I=20 would like to see more signs of volume accumulation here. =
 
After the next earnings report the IBD EPS = ranking=20 should go over 85, and the RS is over 90 already, so it should = start=20 appearing on IBD radar screens for the first time - including = the=20 weekend review. Perhaps it will be a month or so before the next = clear=20 direction becomes visible.
 
Thanks again,
 
Ian
 
 
 
----- Original Message -----
From:=20 Katherine Malm
To: canslim@lists.xmission.com= =20
Sent: Friday, January = 18, 2002=20 3:36 PM
Subject: Re:ELTE (was = [CANSLIM]=20 Katherine-Opinion please?]

Hi Ian,
 
Your question has me wondering whether the sell rules = that I=20 follow translate perfectly to thinly traded stocks. But I'll = tell you=20 what I see and the way I would read it if I were to own = it:
 
-After the B/O at 7.13, stock moves up and consolidates = for about=20 5 weeks. This is a "valid" consolidation so that makes the = previous=20 base low 8.01 which was printed on 11/23/01.
-Just as a quick check for "overextension" that means = that the=20 stock is 70% above the 200dMA (7.02), 15% above the 50dMA = (10.43) and=20 49.6% above the base low (8.01). It gets a yellow flag for = being 70%=20 above the 200dMA according to WON's sell rule #34, but does = not get a=20 red flag for the Rubberband Sell Rule.
-After the consolidation and breakout 12/18 the stock has = started=20 to show signs of stress. This could easily be market related, = but no=20 way to tell.
-1/2/02: New high on low volume. Red flag.
-1/10/02 & 1/11/02- two days with little or no price = progress=20 on high volume. Red flag.
-With 1 yellow and 2 red flags I thought it worth doing a = PE=20 Extension check. I've reconstructed the PE at the time of the = B/O in=20 October using trailing EPS numbers for the prior quarters. = That puts=20 it at $7.13/$.29 =3D 24.59. The extension warning would then = be a=20 forward PE of 24.59*2.21=3D 54.3. Let's see. DGO doesn't have = any=20 estimates, which means it isn't followed by enough analysts. I = checked=20 the internet to see if I could find anything and ran across = this=20 EPS/Rev snapshot:
 
http://yahoo.marketguide.com/MGI= /mg.asp?target=3D/stocks/companyinformation/highlights&Ticker=3DELTE<= /A>
 
I am alarmed by the essentially flat revenues over the = last 4=20 years, so I am going to go with the EPS estimates in my = VectorVest=20 software which reads a measly $.02. That puts the current = forward=20 looking PE at $11.98/$0.02 =3D 599! I'll have to mark that Red = Flag.
 
One note is that its industry is fairly healthy, = consolidating=20 after rising, not overly extended and currently ranked in = the 2nd=20 quartile.
 
I'll let you take it from there!
 
Katherine
----- Original Message ----- =
From:=20 Ian
To: canslim@lists.xmission.com= =20
Sent: Friday, January = 18, 2002=20 4:40 PM
Subject: [CANSLIM] = Katherine -=20 Opinion please?

Would tuesdays distribution day for ELTE = make you=20 exit the stock at this point? Do you have any other insights = into=20 the chart?
 
I would appreciate your analysis - it is = the one=20 big recent winner I am wondering what to do with. Based on = all of my=20 past experiences, and knowing the companies outlook, my gut = tells me=20 that it needs to consolidate here, but will run into = the $20's=20 by mid-year. But I'd rather listen to the chart. I fear I've = held it=20 long enough that I may be complacent.
 
Thank you.
 
Ian
------=_NextPart_000_0061_01C1A0C6.1711DD20-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: Re:ELTE (was [CANSLIM] Katherine-Opinion please?] Date: 19 Jan 2002 10:12:36 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_004A_01C1A0D1.D171A6E0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi Katherine, My due diligence has been pretty superficial to date, mostly limited to = DGO and some news stories. Their earnings swings contributed to scaring = me out on the first trip with a loss, but I have not dug down deep = enough to explain the swings. Maybe Ian has gone deeper into the company? Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Saturday, January 19, 2002 9:48 AM Subject: Re: Re:ELTE (was [CANSLIM] Katherine-Opinion please?] Hi Tom This is what I don't get, and I'm not trying to be = objectionable, just trying to find out how you'd get $.16/quarter given = the company's history. When I look at this, I see OK growth in revenues, = but the company continuously has good and bad quarters. I noticed in the = 10Q that they capitalize software development and then write it off in = chunks every so often (not uncommon) and it's possible that these = negative quarters every so often are related to that. I'm guessing if I = were to dig further into the financials I would get to know them better. = I know that they did an acquisition in 2000, and I'd assume that the = growth in EPS would be related. I look at Sept/Oct 99 and see really = nice quarters just like the last two we've seen recently, but they are = then followed by negative or so-so quarters. That raises red flags and = would lead me to question whether the growth pattern shown recently can = be projected into the future. Katherine GROWTH RATES=20 1 Year 3 Years 5 Years=20 Sales % -11.70 15.54 -14.53=20 EPS % NM NM NM=20 Dividend % NM NM NM=20 REVENUE=20 Quarters 1998 1999 2000 2001=20 MAR 8,343 12,988 13,334 14,295=20 JUN 10,850 15,401 13,741 17,392=20 SEP 12,385 15,381 12,858 18,516=20 DEC 13,484 15,496 12,399 =20 =20 Totals 45,062 59,266 52,332 50,203=20 Note: Units in Thousands of U.S. Dollars=20 =20 =20 EARNINGS PER SHARE=20 Quarters 1998 1999 2000 2001=20 MAR -0.070 0.010 0.050 -0.040=20 JUN -0.060 0.080 0.010 0.160=20 SEP 0.020 0.140 -0.020 0.230=20 DEC -0.030 0.210 -0.060 =20 =20 Totals -0.140 0.440 -0.020 0.350=20 Note: Units in U.S. Dollars=20 =20 ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Saturday, January 19, 2002 8:27 AM Subject: Re: Re:ELTE (was [CANSLIM] Katherine-Opinion please?] Hi Katherine, I see 16 cents as easy based on the last 4 sequential quarters (last = two were 16 and 23 cents). Sales appear to be accelerating thru Q3, so = even a moderate slowdown in acceleration should still leave them well = over 16 cents/qtr. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Saturday, January 19, 2002 9:09 AM Subject: Re: Re:ELTE (was [CANSLIM] Katherine-Opinion please?] Tom, Ian Just curious...where do you get $.16/Q EPS estimates? I took a = *very* quick glance at the last 10Q, are you basing this on the = acquisition in 2000? Katherine ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Saturday, January 19, 2002 12:25 AM Subject: Re: Re:ELTE (was [CANSLIM] Katherine-Opinion please?] I agree, Ian. My second trip on this stock has nearly made up = the loss from the first voyage. Looks more promising now than the first = time I tried it. Sequential growth particularly impressive. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Ian=20 To: canslim@lists.xmission.com=20 Sent: Friday, January 18, 2002 8:01 PM Subject: Re: Re:ELTE (was [CANSLIM] Katherine-Opinion please?] Thanks a lot for the chart analysis. The low volume during the = new high to $13.50, and the high volume/no progress days on 1/10, 1/11, = and 1/15 were the things that concerned me. I convinced myself that the = low-volume high was just a case of 'too much, too fast' off the $5 = October low. The recent high volume/no movement days are what concern = me. There shouldn't be much concern with P/E. The company claimed = that Q4 2001, and Q1 2002 were already filled with existing backlog, and = I figure that a minimum of $0.16 per Q is easy - so 4 months from now, = the ttm EPS will be at least $0.70 if not more, and the P/E at current = levels would be under 20. Given their industry group and recent growth = rate, a much higher price could easily be supported. But I would like to = see more signs of volume accumulation here.=20 After the next earnings report the IBD EPS ranking should go = over 85, and the RS is over 90 already, so it should start appearing on = IBD radar screens for the first time - including the weekend review. = Perhaps it will be a month or so before the next clear direction becomes = visible. Thanks again, Ian ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Friday, January 18, 2002 3:36 PM Subject: Re:ELTE (was [CANSLIM] Katherine-Opinion please?] Hi Ian, Your question has me wondering whether the sell rules that I = follow translate perfectly to thinly traded stocks. But I'll tell you = what I see and the way I would read it if I were to own it: -After the B/O at 7.13, stock moves up and consolidates for = about 5 weeks. This is a "valid" consolidation so that makes the = previous base low 8.01 which was printed on 11/23/01. -Just as a quick check for "overextension" that means that = the stock is 70% above the 200dMA (7.02), 15% above the 50dMA (10.43) = and 49.6% above the base low (8.01). It gets a yellow flag for being 70% = above the 200dMA according to WON's sell rule #34, but does not get a = red flag for the Rubberband Sell Rule. -After the consolidation and breakout 12/18 the stock has = started to show signs of stress. This could easily be market related, = but no way to tell. -1/2/02: New high on low volume. Red flag. -1/10/02 & 1/11/02- two days with little or no price = progress on high volume. Red flag. -With 1 yellow and 2 red flags I thought it worth doing a PE = Extension check. I've reconstructed the PE at the time of the B/O in = October using trailing EPS numbers for the prior quarters. That puts it = at $7.13/$.29 =3D 24.59. The extension warning would then be a forward = PE of 24.59*2.21=3D 54.3. Let's see. DGO doesn't have any estimates, = which means it isn't followed by enough analysts. I checked the internet = to see if I could find anything and ran across this EPS/Rev snapshot: = http://yahoo.marketguide.com/MGI/mg.asp?target=3D/stocks/companyinformati= on/highlights&Ticker=3DELTE I am alarmed by the essentially flat revenues over the last = 4 years, so I am going to go with the EPS estimates in my VectorVest = software which reads a measly $.02. That puts the current forward = looking PE at $11.98/$0.02 =3D 599! I'll have to mark that Red Flag. One note is that its industry is fairly healthy, = consolidating after rising, not overly extended and currently ranked in = the 2nd quartile. I'll let you take it from there! Katherine ----- Original Message -----=20 From: Ian=20 To: canslim@lists.xmission.com=20 Sent: Friday, January 18, 2002 4:40 PM Subject: [CANSLIM] Katherine - Opinion please? Would tuesdays distribution day for ELTE make you exit the = stock at this point? Do you have any other insights into the chart? I would appreciate your analysis - it is the one big = recent winner I am wondering what to do with. Based on all of my past = experiences, and knowing the companies outlook, my gut tells me that it = needs to consolidate here, but will run into the $20's by mid-year. But = I'd rather listen to the chart. I fear I've held it long enough that I = may be complacent. Thank you. Ian ------=_NextPart_000_004A_01C1A0D1.D171A6E0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Hi Katherine,
 
My due diligence has been pretty superficial to = date,=20 mostly limited to DGO and some news stories. Their earnings swings = contributed=20 to scaring me out on the first trip with a loss, but I have not dug down = deep=20 enough to explain the swings.
 
Maybe Ian has gone deeper into the = company?
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Katherine=20 Malm
Sent: Saturday, January 19, = 2002 9:48=20 AM
Subject: Re: Re:ELTE (was = [CANSLIM]=20 Katherine-Opinion please?]

Hi Tom
 
This is what I don't get, and I'm not trying = to be=20 objectionable, just trying to find out how you'd get = $.16/quarter given=20 the company's history. When I look at this, I see OK growth in = revenues,=20 but the company continuously has good and bad quarters. I = noticed in the=20 10Q that they capitalize software development and then write it = off in=20 chunks every so often (not uncommon) and it's possible that = these=20 negative quarters every so often are related to that. I'm = guessing if I=20 were to dig further into the financials I would get to know them = better.=20 I know that they did an acquisition in 2000, and I'd assume that = the=20 growth in EPS would be related. I look at Sept/Oct 99 and see = really=20 nice quarters just like the last two we've seen recently, but = they are=20 then followed by negative or so-so quarters. That raises red = flags and=20 would lead me to question whether the growth pattern shown = recently can=20 be projected into the future.
 
Katherine
 
GROWTH RATES
1 Year 3 Years 5 Years
Sales % -11.70 15.54 -14.53
EPS % NM NM NM
Dividend % NM NM NM

REVENUE
Quarters 1998 1999 2000 2001
MAR 8,343 12,988 13,334 14,295
JUN 10,850 15,401 13,741 17,392
SEP 12,385 15,381 12,858 18,516
DEC 13,484 15,496 12,399
Totals 45,062 59,266 52,332 50,203
Note:  Units in Thousands of = U.S.=20 Dollars
 
EARNINGS = PER=20 SHARE
Quarters 1998 1999 2000 2001
MAR -0.070 0.010 0.050 -0.040
JUN -0.060 0.080 0.010 0.160
SEP 0.020 0.140 -0.020 0.230
DEC -0.030 0.210 -0.060
Totals -0.140 0.440 -0.020 0.350
Note:  Units in U.S.=20 = Dollars
----- Original Message -----
From:=20 Tom=20 Worley
Sent: Saturday, January 19, = 2002 8:27=20 AM
Subject: Re: Re:ELTE (was = [CANSLIM]=20 Katherine-Opinion please?]

Hi Katherine,
 
I see 16 cents as easy based on the last 4 = sequential=20 quarters (last two were 16 and 23 cents). Sales appear to be = accelerating=20 thru Q3, so even a moderate slowdown in acceleration should still = leave them=20 well over 16 cents/qtr.
 
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message ----- =
From:=20 Katherine=20 Malm
To: canslim@lists.xmission.com= =20
Sent: Saturday, January 19, = 2002 9:09=20 AM
Subject: Re: Re:ELTE (was = [CANSLIM]=20 Katherine-Opinion please?]

Tom, Ian
 
Just curious...where do you get $.16/Q EPS estimates? I took = a *very*=20 quick glance at the last 10Q, are you basing this on the = acquisition in=20 2000?
 
Katherine
----- Original Message ----- =
From:=20 Tom=20 Worley
To: canslim@lists.xmission.com= =20
Sent: Saturday, January = 19, 2002=20 12:25 AM
Subject: Re: Re:ELTE (was = [CANSLIM]=20 Katherine-Opinion please?]

I agree, Ian. My second trip on this = stock has=20 nearly made up the loss from the first voyage. Looks more = promising now=20 than the first time I tried it. Sequential growth particularly=20 impressive.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message ----- =
From:=20 Ian
To: canslim@lists.xmission.com= =20
Sent: Friday, January = 18, 2002=20 8:01 PM
Subject: Re: Re:ELTE = (was=20 [CANSLIM] Katherine-Opinion please?]

Thanks a lot for the chart analysis. The = low volume=20 during the new high to $13.50, and the high volume/no progress = days on=20 1/10, 1/11, and 1/15 were the things that concerned me. I = convinced=20 myself that the low-volume high was just a case of 'too much, = too=20 fast' off the $5 October low. The recent high volume/no = movement=20 days are what concern me.
 
There shouldn't be much concern with P/E. = The=20 company claimed that Q4 2001, and Q1 2002 were already filled = with=20 existing backlog, and I figure that a minimum of $0.16 per Q = is easy -=20 so 4 months from now, the ttm EPS will be at least $0.70 if = not more,=20 and the P/E at current levels would be under 20. Given their = industry=20 group and recent growth rate, a much higher price could easily = be=20 supported. But I would like to see more signs of volume = accumulation=20 here.
 
After the next earnings report the IBD EPS = ranking=20 should go over 85, and the RS is over 90 already, so it should = start=20 appearing on IBD radar screens for the first time - including = the=20 weekend review. Perhaps it will be a month or so before the = next clear=20 direction becomes visible.
 
Thanks again,
 
Ian
 
 
 
----- Original Message -----
From:=20 Katherine Malm =
To: canslim@lists.xmission.com= =20
Sent: Friday, January = 18, 2002=20 3:36 PM
Subject: Re:ELTE (was = [CANSLIM]=20 Katherine-Opinion please?]

Hi Ian,
 
Your question has me wondering whether the sell rules = that I=20 follow translate perfectly to thinly traded stocks. But I'll = tell=20 you what I see and the way I would read it if I were to own=20 it:
 
-After the B/O at 7.13, stock moves up and consolidates = for=20 about 5 weeks. This is a "valid" consolidation so that makes = the=20 previous base low 8.01 which was printed on 11/23/01.
-Just as a quick check for "overextension" that means = that the=20 stock is 70% above the 200dMA (7.02), 15% above the 50dMA = (10.43)=20 and 49.6% above the base low (8.01). It gets a yellow flag = for being=20 70% above the 200dMA according to WON's sell rule #34, but = does not=20 get a red flag for the Rubberband Sell Rule.
-After the consolidation and breakout 12/18 the stock = has=20 started to show signs of stress. This could easily be market = related, but no way to tell.
-1/2/02: New high on low volume. Red flag.
-1/10/02 & 1/11/02- two days with little or no = price=20 progress on high volume. Red flag.
-With 1 yellow and 2 red flags I thought it worth doing = a PE=20 Extension check. I've reconstructed the PE at the time of = the B/O in=20 October using trailing EPS numbers for the prior quarters. = That puts=20 it at $7.13/$.29 =3D 24.59. The extension warning would then = be a=20 forward PE of 24.59*2.21=3D 54.3. Let's see. DGO doesn't = have any=20 estimates, which means it isn't followed by enough analysts. = I=20 checked the internet to see if I could find anything and ran = across=20 this EPS/Rev snapshot:
 
http://yahoo.marketguide.com/MGI= /mg.asp?target=3D/stocks/companyinformation/highlights&Ticker=3DELTE<= /A>
 
I am alarmed by the essentially flat revenues over the = last 4=20 years, so I am going to go with the EPS estimates in my = VectorVest=20 software which reads a measly $.02. That puts the current = forward=20 looking PE at $11.98/$0.02 =3D 599! I'll have to mark that = Red=20 Flag.
 
One note is that its industry is fairly healthy, = consolidating=20 after rising, not overly extended and currently ranked = in the=20 2nd quartile.
 
I'll let you take it from there!
 
Katherine
----- Original Message = -----
From:=20 Ian=20
To: canslim@lists.xmission.com= =20
Sent: Friday, = January 18,=20 2002 4:40 PM
Subject: [CANSLIM] = Katherine=20 - Opinion please?

Would tuesdays distribution day for = ELTE make=20 you exit the stock at this point? Do you have any other = insights=20 into the chart?
 
I would appreciate your analysis - it = is the one=20 big recent winner I am wondering what to do with. Based on = all of=20 my past experiences, and knowing the companies outlook, my = gut=20 tells me that it needs to consolidate here, but will = run into=20 the $20's by mid-year. But I'd rather listen to the chart. = I fear=20 I've held it long enough that I may be = complacent.
 
Thank you.
 
Ian
------=_NextPart_000_004A_01C1A0D1.D171A6E0-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: [CANSLIM] Worley's Weekend Weeview Date: 19 Jan 2002 10:22:24 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_0050_01C1A0D3.2FC2BE40 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable RETAIL SALES Overall, December was better than expected, dropping only 0.1% instead = of the expected 1.2% and well ahead of November's 3% drop. But car sales = was again the big factor, taking that and auto parts sales out, the rest = of sales dropped 0.1% instead of an expected "unchanged". Saw another = mention that car sales may have been enough to keep Q4's GDP in positive = territory at CNN's Money/Economics site, but also again mentioning the = likelihood that all the zero financing deals "cannibalized" auto sales = in early 2002. Sales for all of 2001 were up 3.4% compared to 2000's = gain of 7.6%.=20 ------- ONE LINERS (or a little longer) Over $2.3 trillion now sits in money market accounts, twice what was = there 3 years ago. Corporate bond defaults have more than doubled. Per Moody's, last year = 253 companies defaulted on over $110 billion in debt. Enron is the = biggest bankruptcy in history, and its lenders are only now starting to = write off their loans to them. KMart is rumored to be on the verge of = filing bankruptcy. Banks are starting to write down their Argentina debt = due to the unlinking of the peso to the dollar, and the number of = bankruptcies occurring there. They finally resumed trading there, and = ended up over 11%. Is it coincidence that Arthur Andersen is Enron's consultant / advisor / = auditor, and was also doing some of the same for Sunbeam? (some Sunbeam = execs just settled a shareholder class action lawsuit for $15 million so = they can concentrate on defending themselves against fraud charges by = the SEC). Sure, I'll pay you guys $15 really big ones, but, hey, I'm = still not admitting I did anything wrong with the company financial = reports. Maybe we should be buying shares in companies making = shredders?? This is the third big financial scandal in recent years = involving Andersen, and now leading to cries from Congress for = governmental regulation of accounting firms. Great idea, let the = politicians who rarely can balance a budget, and invented the concept of = off-book accounting, regulate the accountants. The CPI in December benefited from falling energy prices and dropped = 0.2%, slightly better than expected. The core rate, without food and = energy, increased 0.1% as expected. For all of 2001, the CPI only gained = 1.6% while the core rate was up 2.7%. This increases the likelihood of a = Fed rate cut 1/30/02. Banks are setting aside funds for reserves against loan defaults at a = slower rate than defaults are occurring. Even though reserves increased = by 42% ($30.2 billion), defaults increased by 50% ($25.4 billion) in the = first nine months of 2001. This dropped the loan loss reserve ratio = (reserves divided by actual losses written off) to the lowest in 8 = years, from 170% to 129%. And that doesn't consider the rise in = non-performing loans (over 90 days past due, but not yet written off) = that rose from $48.8 billion to $59 billion. Part of my global perspective comes from monitoring how other markets = are doing around the globe. When I get home, I look to see how Asia is = doing, as that can influence European markets. When I wake in the = morning, I do the same, to see how Asia closed, and how Europe is = trading, as many large US stocks trade on European exchanges.=20 http://quote.yahoo.com/m2?u Some months ago, I noted that France's index (CAC 40) and Germany's = index (DAX) were almost tied, less than 100 points apart. Since then, = the DAX has clearly won the race, now nearly 700 points ahead. Because = of my mixed German and French ancestry (I even have a piece of the = Berlin Wall, and I definitely have the French ego), I have always taken = a strong interest in how these two countries are doing, and see them as = the key to European economic success. Consumer sentiment rose to 94.2 in January from 88.8 in December, = according to the University of Michigan's survey. Expected was 90. In December, the Current Conditions Index, measuring American's = perspective on their present financial state, dropped to 98.1 from 99.0 = while the Expectations Index leaped ahead to 91.7 from 82.3. Old news: trade gap narrowed more than expected in November, largely due = lower oil imports. Housing starts fell in December after the warm weather surge in = November, but building permits shot up, suggesting continued strength in = the housing industry. Economists expected permits to decline. New jobless claims fell to 384K from 398K. Economists expected it to = rise to 438K. Suggests the worst of the layoffs is behind us, but = overall unemployment still likely to remain high for several months even = as the economy recovers. ------- WORLEY'S WATCHLIST WANNABEES Although new highs have continued to beat new lows, the population of = stocks meeting my general criteria for this review seems to still be = stagnant. As always, Bx means a flat line "B"ase of "x" weeks duration. If I see a = specific basing formation (c&h, double bottom, LLUR, etc) I will say so. ACDO - B2 ACS - LLUR BBY - B4 BSYS - c&h, nicely formed 3 week handle on declining volume BVF - LLUR CRN - saucer DCOM - saucer DLX - LLUR ELTE - B4 FCN - LLUR GBCI - B4 GFF - B6 HCT - B3, I bailed too early on this one, low volume HRBT - B5 INDB - B3 MATW - B8 MCO - B5 MCRS - nice b/o from base on long handle, right at left rim of original = cup NVR - B6 PETM - LLUR SWTX - LLUR, low price URBN - B4 Happy Hunting, God bless America, and its military people, Tom Worley stkguru@netside.net AIM: TexWorley ------=_NextPart_000_0050_01C1A0D3.2FC2BE40 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
RETAIL SALES
Overall, December was better than expected, = dropping only=20 0.1% instead of the expected 1.2% and well ahead of November's 3% drop. = But car=20 sales was again the big factor, taking that and auto parts sales out, = the rest=20 of sales dropped 0.1% instead of an expected "unchanged". Saw another = mention=20 that car sales may have been enough to keep Q4's GDP in positive = territory at=20 CNN's Money/Economics site, but also again mentioning the likelihood = that all=20 the zero financing deals "cannibalized" auto sales in early 2002. Sales = for all=20 of 2001 were up 3.4% compared to 2000's gain of 7.6%.=20
ONE LINERS (or a little=20 longer)
Over $2.3 trillion now sits in money market = accounts,=20 twice what was there 3 years ago.
 
Corporate bond defaults have more than doubled. = Per=20 Moody's, last year 253 companies defaulted on over $110 billion in debt. = Enron=20 is the biggest bankruptcy in history, and its lenders are only now = starting=20 to write off their loans to them. KMart is rumored to be on the verge of = filing=20 bankruptcy. Banks are starting to write down their Argentina debt due to = the=20 unlinking of the peso to the dollar, and the number of bankruptcies = occurring=20 there. They finally resumed trading there, and ended up over = 11%.
 
Is it coincidence that Arthur Andersen is = Enron's=20 consultant / advisor / auditor, and was also doing some of the same for = Sunbeam?=20 (some Sunbeam execs just settled a shareholder class action lawsuit for = $15=20 million so they can concentrate on defending themselves against fraud = charges by=20 the SEC). Sure, I'll pay you guys $15 really big ones, but, hey, I'm = still not=20 admitting I did anything wrong with the company financial reports. Maybe = we=20 should be buying shares in companies making shredders?? This is the = third big=20 financial scandal in recent years involving Andersen, and now leading to = cries=20 from Congress for governmental regulation of accounting firms. Great = idea, let=20 the politicians who rarely can balance a budget, and invented the = concept of=20 off-book accounting, regulate the accountants.
 
The CPI in December benefited from falling = energy prices=20 and dropped 0.2%, slightly better than expected. The core rate, without = food and=20 energy, increased 0.1% as expected. For all of 2001, the CPI only gained = 1.6%=20 while the core rate was up 2.7%. This increases the likelihood of a Fed = rate cut=20 1/30/02.
 
Banks are setting aside funds for reserves = against loan=20 defaults at a slower rate than defaults are occurring. Even though = reserves=20 increased by 42% ($30.2 billion), defaults increased by 50% ($25.4 = billion) in=20 the first nine months of 2001. This dropped the loan loss reserve ratio=20 (reserves divided by actual losses written off) to the lowest in 8 = years, from=20 170% to 129%. And that doesn't consider the rise in non-performing loans = (over=20 90 days past due, but not yet written off) that rose from $48.8 billion = to $59=20 billion.
 
Part of my global perspective comes from = monitoring how=20 other markets are doing around the globe. When I get home, I look to see = how=20 Asia is doing, as that can influence European markets. When I wake in = the=20 morning, I do the same, to see how Asia closed, and how Europe is = trading, as=20 many large US stocks trade on European exchanges.
http://quote.yahoo.com/m2?u
Some months ago, I noted that France's index = (CAC 40) and=20 Germany's index (DAX) were almost tied, less than 100 points apart. = Since then,=20 the DAX has clearly won the race, now nearly 700 points ahead. Because = of my=20 mixed German and French ancestry (I even have a piece of the Berlin = Wall, and I=20 definitely have the French ego), I have always taken a strong interest = in how=20 these two countries are doing, and see them as the key to European = economic=20 success.
 
Consumer sentiment rose to 94.2 in January from = 88.8 in=20 December, according to the University of Michigan's survey. Expected was = 90.
 
In December, the Current Conditions Index, = measuring=20 American's perspective on their present financial state, dropped to 98.1 = from=20 99.0 while the Expectations Index leaped ahead to 91.7 from = 82.3.
 
Old news: trade gap narrowed more than expected = in=20 November, largely due lower oil imports.
 
Housing starts fell in December after the warm = weather=20 surge in November, but building permits shot up, suggesting continued = strength=20 in the housing industry. Economists expected permits to = decline.
 
New jobless claims fell to 384K from 398K. = Economists=20 expected it to rise to 438K. Suggests the worst of the layoffs is behind = us, but=20 overall unemployment still likely to remain high for several months = even as=20 the economy recovers.
WORLEY'S WATCHLIST WANNABEES
Although new highs have continued to beat new = lows, the=20 population of stocks meeting my general criteria for this review seems = to still=20 be stagnant.
As always, Bx means a flat line "B"ase of "x" = weeks=20 duration. If I see a specific basing formation (c&h, double bottom, = LLUR,=20 etc) I will say so.
 
ACDO - B2
ACS - LLUR
BBY - B4
BSYS - c&h, nicely formed 3 week handle on = declining=20 volume
BVF - LLUR
CRN - saucer
DCOM - saucer
DLX - LLUR
ELTE - B4
FCN - LLUR
GBCI - B4
GFF - B6
HCT - B3, I bailed too early on this one, low=20 volume
HRBT - B5
INDB - B3
MATW - B8
MCO - B5
MCRS - nice b/o from base on long handle, right = at left=20 rim of original cup
NVR - B6
PETM - LLUR
SWTX - LLUR, low price
URBN - B4
 
Happy Hunting,
 
God bless America, and its military = people,
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
------=_NextPart_000_0050_01C1A0D3.2FC2BE40-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Dave Cameron Subject: [CANSLIM] Arthur Andersen Date: 19 Jan 2002 16:06:41 -0800 (PST) --- Tom Worley wrote: Tom writes: > Is it coincidence that Arthur Andersen is Enron's consultant / > advisor / auditor, and was also doing some of the same for Sunbeam? > (some Sunbeam execs just settled a shareholder class action lawsuit > for $15 million so they can concentrate on defending themselves > against fraud charges by the SEC). Sure, I'll pay you guys $15 > really big ones, but, hey, I'm still not admitting I did anything > wrong with the company financial reports. Maybe we should be buying > shares in companies making shredders?? This is the third big > financial scandal in recent years involving Andersen, and now > leading to cries from Congress for governmental regulation of > accounting firms. Great idea, let the politicians who rarely can > balance a budget, and invented the concept of off-book accounting, > regulate the accountants. This makes me wonder how "good" the earnings figures we get really are. It seems logical that given the number of firms that Arthur Andersen serves as the accountants/auditors, there have to be more out there that are fraudulent - and someone is benefiting. Furthermore, is it likely this behavior is unique to just Andersen? I don't mean to sound like a conspiracy type; but it does give me a dose of cynicism that we have to be even more diligent in our research. Enron was rarely, if ever, a CANSLIM stock, but the lesson is valuable nonetheless. I suspect the Enron situation could change some legislation. There are some big name trustee types demanding an investigation. I blame Andersen more than Enron. Andersen is "supposed" to be impartial; hence the auditing requirements. > ===== Dave Cameron dfcameron@yahoo.com __________________________________________________ Do You Yahoo!? Send FREE video emails in Yahoo! Mail! http://promo.yahoo.com/videomail/ - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: AW: [CANSLIM] Arthur Andersen Date: 20 Jan 2002 02:06:26 +0100 its not only Anderson or Enron, its also laws that give the possibiltiy to give EPS numbers that are so far away from the cash flow number, that the EPS number does not represent "a true and fair view" of the current situation of the firm. You can not pay bills with EPS number, you only can pay for personel and material if you generate enough cash flow to cover your costs and to reach a profit margin and to take care of investments in you business. A very good way to see quickly if the EPS Reporting is fair or not --> Check if the Cash Flow is above or at least equal to the EPS numbers reported. If it is even below, than its always good to be really critical ... Cash Flow Price Ratio should be always below the PE Ratio. A good sign is if the Cash Flow to Price Ratio is half the PE Ratio (thats my rule of thumb). Even better, use free cash flow (the money that is not needed even after investments charged), but this is not provided by any service I know ... I always wondered, why the investment community does not pay attention to the differences between both numbers (PE and PCF Ratio). But as far I can tell, a low Price Cash flow Ratio, which is well below the PE Ratio is very seldem taken into account by the market and very seldem is used as "fuel" to price up the stock price. So I only get really cautious if the PCF Ratio is not below the PE Ratio. But with Enron, I gues, even this would not have helped, due to the fact that they just reported wrong numbers... See you Andreas > -----Ursprungliche Nachricht----- > Von: Dave Cameron [SMTP:dfcameron@yahoo.com] > Gesendet am: Sunday, January 20, 2002 1:07 AM > An: canslim@lists.xmission.com > Betreff: [CANSLIM] Arthur Andersen > > > --- Tom Worley wrote: > Tom writes: > > > Is it coincidence that Arthur Andersen is Enron's consultant / > > advisor / auditor, and was also doing some of the same for Sunbeam? > > (some Sunbeam execs just settled a shareholder class action lawsuit > > for $15 million so they can concentrate on defending themselves > > against fraud charges by the SEC). Sure, I'll pay you guys $15 > > really big ones, but, hey, I'm still not admitting I did anything > > wrong with the company financial reports. Maybe we should be buying > > shares in companies making shredders?? This is the third big > > financial scandal in recent years involving Andersen, and now > > leading to cries from Congress for governmental regulation of > > accounting firms. Great idea, let the politicians who rarely can > > balance a budget, and invented the concept of off-book accounting, > > regulate the accountants. > > This makes me wonder how "good" the earnings figures we get really > are. It seems logical that given the number of firms that Arthur > Andersen serves as the accountants/auditors, there have to be more > out there that are fraudulent - and someone is benefiting. > > Furthermore, is it likely this behavior is unique to just Andersen? > > I don't mean to sound like a conspiracy type; but it does give me a > dose of cynicism that we have to be even more diligent in our > research. Enron was rarely, if ever, a CANSLIM stock, but the lesson > is valuable nonetheless. > > I suspect the Enron situation could change some legislation. There > are some big name trustee types demanding an investigation. I blame > Andersen more than Enron. Andersen is "supposed" to be impartial; > hence the auditing requirements. > > > > > > ===== > Dave Cameron > dfcameron@yahoo.com > > __________________________________________________ > Do You Yahoo!? > Send FREE video emails in Yahoo! Mail! > http://promo.yahoo.com/videomail/ > > - > -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. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: [CANSLIM] LNY Date: 20 Jan 2002 02:29:07 +0100 Nice BO for Friday ... - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] Arthur Andersen Date: 19 Jan 2002 20:29:01 -0500 Hi Andreas, and David, The corruptness we are seeing with Andersen, one of the (well, was anyway) top five accounting firms in this country, one of the oldest (85 or so years), and one of the most respected names in the business up until a few years ago, is endemic to the greed mentality that says you must constantly increase business and profits. It's no longer sufficient to run a good, stable business, you have to grow. And in doing so, many companies venture outside their core business. In the case of Enron / Andersen, the accountants got into the business of "consulting", and thereby set up a conflict. The very people supposed to be watching the financial numbers became the experts at manipulating those same numbers. When a company starts reporting totally false information, there is little defense other than common sense. But if they only cheat and fudge the numbers a little, likely they can get away with it if the auditors cooperate. I hope two things come out of this horror story: a flat prohibition against using company stock in any 401K plan; and a legal prohibition against any auditing firm having any other business relationship with a firm they audit. Consult, or audit, but not both with the same or related company. As for using cash flow, or any cash flow ratio, I must admit I give it very little attention. Up until maybe 3-4 years ago, I rarely heard it even mentioned in any investment forum I visited. I credit The Motley Fool with raising awareness of this aspect, and agree with Andreas that I need to learn more about it, and use it more often. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message ----- Sent: Saturday, January 19, 2002 8:06 PM > its not only Anderson or Enron, its also laws that give the possibiltiy > to give EPS numbers that are so far away from the cash flow number, that > the EPS number does not represent "a true and fair view" of the current situation > of the firm. You can not pay bills with EPS number, you only can pay > for personel and material if you generate enough cash flow to cover your costs > and to reach a profit margin and to take care of investments in you business. > > A very good way to see quickly if the EPS Reporting is fair or not --> > > Check if the Cash Flow is above or at least equal to the EPS numbers reported. > If it is even below, than its always good to be really critical ... > > Cash Flow Price Ratio should be always below the PE Ratio. A good sign is > if the Cash Flow to Price Ratio is half the PE Ratio (thats my rule of thumb). > > Even better, use free cash flow (the money that is not needed even after investments charged), > but this is not provided by any service I know ... > > I always wondered, why the investment community does not pay attention to the differences > between both numbers (PE and PCF Ratio). > But as far I can tell, a low Price Cash flow Ratio, which is well below the PE Ratio is > very seldem taken into account by the market and very seldem is used as "fuel" to > price up the stock price. > > So I only get really cautious if the PCF Ratio is not below the PE Ratio. > > But with Enron, I gues, even this would not have helped, due to the fact that they just reported > wrong numbers... > > See you > > Andreas > > > > -----Ursprungliche Nachricht----- > > Von: Dave Cameron [SMTP:dfcameron@yahoo.com] > > Gesendet am: Sunday, January 20, 2002 1:07 AM > > An: canslim@lists.xmission.com > > Betreff: [CANSLIM] Arthur Andersen > > > > > > --- Tom Worley wrote: > > Tom writes: > > > > > Is it coincidence that Arthur Andersen is Enron's consultant / > > > advisor / auditor, and was also doing some of the same for Sunbeam? > > > (some Sunbeam execs just settled a shareholder class action lawsuit > > > for $15 million so they can concentrate on defending themselves > > > against fraud charges by the SEC). Sure, I'll pay you guys $15 > > > really big ones, but, hey, I'm still not admitting I did anything > > > wrong with the company financial reports. Maybe we should be buying > > > shares in companies making shredders?? This is the third big > > > financial scandal in recent years involving Andersen, and now > > > leading to cries from Congress for governmental regulation of > > > accounting firms. Great idea, let the politicians who rarely can > > > balance a budget, and invented the concept of off-book accounting, > > > regulate the accountants. > > > > This makes me wonder how "good" the earnings figures we get really > > are. It seems logical that given the number of firms that Arthur > > Andersen serves as the accountants/auditors, there have to be more > > out there that are fraudulent - and someone is benefiting. > > > > Furthermore, is it likely this behavior is unique to just Andersen? > > > > I don't mean to sound like a conspiracy type; but it does give me a > > dose of cynicism that we have to be even more diligent in our > > research. Enron was rarely, if ever, a CANSLIM stock, but the lesson > > is valuable nonetheless. > > > > I suspect the Enron situation could change some legislation. There > > are some big name trustee types demanding an investigation. I blame > > Andersen more than Enron. Andersen is "supposed" to be impartial; > > hence the auditing requirements. > > > > > > > > > > > ===== > > Dave Cameron > > dfcameron@yahoo.com > > > > __________________________________________________ > > Do You Yahoo!? > > Send FREE video emails in Yahoo! Mail! > > http://promo.yahoo.com/videomail/ > > > > - > > -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. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] LNY Date: 19 Jan 2002 20:31:04 -0500 I see a lot of the restaurant stocks making new 12 month highs. A good indicator of economic recovery, IMO. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message ----- Sent: Saturday, January 19, 2002 8:29 PM > Nice BO for Friday ... > > - > -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. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: AW: [CANSLIM] LNY Date: 20 Jan 2002 02:46:47 +0100 RESEARCH ALERT-Robertson starts Landry's at ``strong buy'' CHICAGO, Jan 18 (Reuters) - Robertson Stephens on Friday said it started coverage of seafood restaurant operator Landry's Restaurants Inc. (NYSE:LNY - news ) with a ``strong buy'' rating and a $30 12-month price target, saying the firm is an emerging bellwether for the restaurant industry. ``Over the last five recessions, restaurants were the No. 1 performing sector starting at the recession-ending rally,'' Paul Westra, restaurant industry analyst, said in a research note. Landry's shares closed Thursday at $18.94 on the New York Stock Exchange. > -----Ursprungliche Nachricht----- > Von: Tom Worley [SMTP:stkguru@netside.net] > Gesendet am: Sunday, January 20, 2002 2:31 AM > An: canslim@lists.xmission.com > Betreff: Re: [CANSLIM] LNY > > I see a lot of the restaurant stocks making new 12 month highs. A good > indicator of economic recovery, IMO. > > Tom Worley > stkguru@netside.net > AIM: TexWorley > ----- Original Message ----- > From: "Andreas Himmelreich" > To: > Sent: Saturday, January 19, 2002 8:29 PM > Subject: [CANSLIM] LNY > > > > Nice BO for Friday ... > > > > - > > -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. ------------------------------------------------------------------------------- From: Spencer48@aol.com Subject: Re: AW: [CANSLIM] Arthur Andersen Date: 19 Jan 2002 22:16:01 EST Dave, Andreas and Tom: Andreas: How can cash-flow be below EPS, since in order to derive cash-flow you must add non-cash expenses (like amortization expense, and-possibly (see next paragraph as to why I am uncertain)-good-will expense) On Wednesday or Thursday's CNBC show with Lawerence Kudlow at 11PM EST, the show revolved around the Enron scandal. I thought I heard mention that the Supervisory Board relating to Accounting Practices was doing away with the balance sheet entry "Goodwill", but I thought it had already been done away with several years ago? In any event, what baffles me is that just about everyone on the business news remarks on Enron's OFF BOOK ACCOUNTS, but I've heard no one on any of these shows lambast anyone at Enron (or Anderson who-putatively-audited them) who decided to go with off-book accounting. It makes one wonder, how many public corporation have off-book entries? It also makes one wonder if DGO, WON and IBD recognize these entries as legitimate-or if they are even aware of them? I guess the bottom line is: How accurate is an off-book entry, and does it accurately and legally reflect the corporation's profit/loss statement, or is it instead a gambit a corporation uses to circumvent investment law and SEC supervision? jans In a message dated 1/19/2002 8:02:27 PM Eastern Standard Time, judgejimmy@web.de writes: << ts not only Anderson or Enron, its also laws that give the possibiltiy to give EPS numbers that are so far away from the cash flow number, that the EPS number does not represent "a true and fair view" of the current situation of the firm. You can not pay bills with EPS number, you only can pay for personel and material if you generate enough cash flow to cover your costs and to reach a profit margin and to take care of investments in you business. A very good way to see quickly if the EPS Reporting is fair or not --> Check if the Cash Flow is above or at least equal to the EPS numbers reported. If it is even below, than its always good to be really critical ... Cash Flow Price Ratio should be always below the PE Ratio. A good sign is if the Cash Flow to Price Ratio is half the PE Ratio (thats my rule of thumb). Even better, use free cash flow (the money that is not needed even after investments charged), but this is not provided by any service I know ... I always wondered, why the investment community does not pay attention to the differences between both numbers (PE and PCF Ratio). But as far I can tell, a low Price Cash flow Ratio, which is well below the PE Ratio is very seldem taken into account by the market and very seldem is used as "fuel" to price up the stock price. So I only get really cautious if the PCF Ratio is not below the PE Ratio. But with Enron, I gues, even this would not have helped, due to the fact that they just reported wrong numbers... See you Andreas > -----Ursprungliche Nachricht----- > Von: Dave Cameron [SMTP:dfcameron@yahoo.com] > Gesendet am: Sunday, January 20, 2002 1:07 AM > An: canslim@lists.xmission.com > Betreff: [CANSLIM] Arthur Andersen > > > --- Tom Worley wrote: > Tom writes: > > > Is it coincidence that Arthur Andersen is Enron's consultant / > > advisor / auditor, and was also doing some of the same for Sunbeam? > > (some Sunbeam execs just settled a shareholder class action lawsuit > > for $15 million so they can concentrate on defending themselves > > against fraud charges by the SEC). Sure, I'll pay you guys $15 > > really big ones, but, hey, I'm still not admitting I did anything > > wrong with the company financial reports. Maybe we should be buying > > shares in companies making shredders?? This is the third big > > financial scandal in recent years involving Andersen, and now > > leading to cries from Congress for governmental regulation of > > accounting firms. Great idea, let the politicians who rarely can > > balance a budget, and invented the concept of off-book accounting, > > regulate the accountants. > > This makes me wonder how "good" the earnings figures we get really > are. It seems logical that given the number of firms that Arthur > Andersen serves as the accountants/auditors, there have to be more > out there that are fraudulent - and someone is benefiting. > > Furthermore, is it likely this behavior is unique to just Andersen? > > I don't mean to sound like a conspiracy type; but it does give me a > dose of cynicism that we have to be even more diligent in our > research. Enron was rarely, if ever, a CANSLIM stock, but the lesson > is valuable nonetheless. > > I suspect the Enron situation could change some legislation. There > are some big name trustee types demanding an investigation. I blame > Andersen more than Enron. Andersen is "supposed" to be impartial; > hence the auditing requirements. > >> - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: AW: [CANSLIM] Arthur Andersen Date: 19 Jan 2002 21:29:24 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_004A_01C1A130.5DE86CE0 Content-Type: multipart/alternative; boundary="----=_NextPart_001_004B_01C1A130.5DE86CE0" ------=_NextPart_001_004B_01C1A130.5DE86CE0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable jans, The accounting changes have to do with the way goodwill is handled on = the books. Companies will no longer be required to write it off over = time, meaning EPS will be higher as a result. Most companies report = pro-forma numbers anyway, essentially deleting the "one time" or = "extraordinary" charges such as write down of goodwill. The problem with = goodwill is that it is the excess paid over the "value" of a purchase, = so companies will be required to write it down only if the "value = changes." (Hah...now *there's* an entire inerpretive consulting practice = right there!) When goodwill was originally conceived it was a way to = show something of value that couldn't be calculated in book value, etc. = For example, if I bought Coca-Cola, the value of its net assets might be = $100, but I might pay $200 for it. The excess could be perceived as = "brand value" which of course, can't really be quantified in a true = accounting sense. Unfortunately, when companies overpay for acquisitions = with inflated stock, things get really ugly. Good example would be a = company like JDSU which purchased ETEK and SDLI at the height of the = bubble.=20 Katherine Here's an explanatory article: Unreliable estimates =20 January 15, 2002: 2:39 p.m. ET New accounting rule muddies projections, may lead to seemingly = higher profits.=20 By Staff Writer Victoria Zunitch =20 =20 =20 =20 =20 =20 NEW YORK (CNN/Money) - Earnings estimates, one of Wall Street's = favorite prediction tools, may be unusually unreliable for at least the = next few months as a new accounting rule could make some companies' = profit growth appear higher than it actually is. The new rule, Financial Accounting Standards Board (FASB) rule FAS = 142, applies to all public companies as of January 1. It says that = goodwill, which companies book in some mergers and acquisitions, no = longer must be automatically amortized, or written down, over a maximum = of 40 years. Goodwill is the amount paid for a business that exceeds its = book value. Instead, companies will have to write down goodwill only if its = value decreases. Although some companies will have to take these = write-downs from time to time, which will reduce their earnings, = analysts say that most companies will benefit from the change and = overall earnings will be higher than in the past. Some say the new rule could make aggregate earnings for the = overall market appear as much as 5 to 10 percent higher. =20 =20 Comparing apples with apples Many analysts and companies still have not updated their 2002 = projections to reflect the new rule. What makes the problem more = serious, though, is that companies are not required to recalculate their = earnings for previous years in advance and this could give investors a = false impression of actual earnings growth through the years. "Everybody is in a pretty reasonable state of confusion," said = Charles Blood, director of financial markets and economic analysis at = Brown Brothers Harriman. Chuck Hill, director of research at earnings tracking firm First = Call, thinks companies might wait for each new quarter of 2002 to report = the correct comparison, or "pro forma," numbers for the corresponding = 2001 quarter. But it is unclear if and when multiple-year comparisons will be = provided. "FASB does a very good job at putting out their opinions and how = the accounting works, but not at the implementation," Hill said. FASB director of research and technical activities Timothy Lucas = said he believes that the Securities and Exchange Commission requires = multiple-year comparisons in corporate annual reports and that will, by = default, eventually take care of this problem. An SEC official, = contacted twice, was unable to confirm this as of press time. What is First Call doing? In an effort to dispel some of the confusion, First Call is = posting earnings estimates calculated under both methods and is urging = users of its service to be cautious. Hill is hoping that most first-quarter projections will be = recalculated to account for the new rule by the end of this month. Some industries have already taken the lead. The merger-intensive = financial and technology sectors are ahead of the game and have begun = providing their estimates based on the new rule. In fact, FASB used a = good deal of information from the banking industry when working on the = change. "Most of the major banks have already been giving the data anyway, = so comparability won't be a problem, because we already have the data," = said Ron Mandle, analyst at Sanford Bernstein. In other sectors of the market, analysts are still waiting for = companies to provide details before they prepare their new estimates. Saying that they'd rather get it right than fast, these analysts = are relying on the companies they cover to provide them with guidance = and do the arithmetic. "I didn't want to go ahead and speculate only to have to adjust = because I didn't get the classifications right," said Michael Harris, a = Deutsche Banc analyst who follows Caterpillar (CAT: down $0.59 to = $49.90, Research, Estimates). Todd A. Hinrichs, who follows Caterpillar for ABN Amro and also is = waiting for company guidance, says the issue isn't that much of a = problem for his clients because they're institutional investors who = understand the change. But he and others concede that individual investors, in particular = those who pick their own stocks using analysts' estimates, probably will = be confused. Coping with uncertainty Even Wall Street's top strategists are guessing when they compare = earnings expectations to previous years. Strategists use the coming = year's projected earnings to make predictions and judgments about the = market. They base some of their work on how much earnings have grown, or = not grown, from previous years. But without proper comparison numbers from past years, projecting = future growth or even analyzing current growth will involve more = guesswork than usual. Wall Street has been through this before with = other accounting changes, so the professionals have established coping = methods. For example, at Brown Brothers Harriman, Blood expects to = prepare two sets of earnings projections because of the new rule. But to a certain degree, the market is stuck with precisely what = it hates most: uncertainty. "What you have to accept is that we won't get very precise numbers = until we have everything sorted out," says Subodh Kumar, chief = investment strategist at CIBC World Markets=20 ----- Original Message -----=20 From: Spencer48@aol.com=20 To: canslim@lists.xmission.com=20 Sent: Saturday, January 19, 2002 9:16 PM Subject: Re: AW: [CANSLIM] Arthur Andersen Dave, Andreas and Tom: Andreas: How can cash-flow be below EPS, since in order to derive = cash-flow you must add non-cash expenses (like amortization expense,=20 and-possibly (see next paragraph as to why I am uncertain)-good-will = expense) On Wednesday or Thursday's CNBC show with Lawerence Kudlow at = 11PM EST,=20 the show revolved around the Enron scandal. I thought I heard mention = that=20 the Supervisory Board relating to Accounting Practices was doing away = with=20 the balance sheet entry "Goodwill", but I thought it had already been = done=20 away with several years ago? =20 In any event, what baffles me is that just about everyone on the=20 business news remarks on Enron's OFF BOOK ACCOUNTS, but I've heard no = one on=20 any of these shows lambast anyone at Enron (or Anderson=20 who-putatively-audited them) who decided to go with off-book = accounting. It=20 makes one wonder, how many public corporation have off-book entries? = It also=20 makes one wonder if DGO, WON and IBD recognize these entries as = legitimate-or=20 if they are even aware of them? I guess the bottom line is: How = accurate is=20 an off-book entry, and does it accurately and legally reflect the=20 corporation's profit/loss statement, or is it instead a gambit a = corporation=20 uses to circumvent investment law and SEC supervision?=20 jans=20 In a message dated 1/19/2002 8:02:27 PM Eastern Standard Time,=20 judgejimmy@web.de writes: << ts not only Anderson or Enron, its also laws that give the = possibiltiy to give EPS numbers that are so far away from the cash flow number, = that the EPS number does not represent "a true and fair view" of the = current=20 situation of the firm. You can not pay bills with EPS number, you only can pay for personel and material if you generate enough cash flow to cover = your=20 costs and to reach a profit margin and to take care of investments in you = business. =20 A very good way to see quickly if the EPS Reporting is fair or not = --> =20 Check if the Cash Flow is above or at least equal to the EPS numbers=20 reported. If it is even below, than its always good to be really critical ... =20 Cash Flow Price Ratio should be always below the PE Ratio. A good = sign is if the Cash Flow to Price Ratio is half the PE Ratio (thats my rule = of=20 thumb). =20 Even better, use free cash flow (the money that is not needed even = after=20 investments charged),=20 but this is not provided by any service I know ... =20 I always wondered, why the investment community does not pay = attention to=20 the differences between both numbers (PE and PCF Ratio). But as far I can tell, a low Price Cash flow Ratio, which is well = below the=20 PE Ratio is very seldem taken into account by the market and very seldem is used = as=20 "fuel" to price up the stock price. =20 So I only get really cautious if the PCF Ratio is not below the PE = Ratio. =20 But with Enron, I gues, even this would not have helped, due to the = fact=20 that they just reported wrong numbers... =20 See you =20 Andreas =20 =20 > -----Ursprungliche Nachricht----- > Von: Dave Cameron [SMTP:dfcameron@yahoo.com] > Gesendet am: Sunday, January 20, 2002 1:07 AM > An: canslim@lists.xmission.com > Betreff: [CANSLIM] Arthur Andersen >=20 >=20 > --- Tom Worley wrote: > Tom writes: >=20 > > Is it coincidence that Arthur Andersen is Enron's consultant / > > advisor / auditor, and was also doing some of the same for = Sunbeam? > > (some Sunbeam execs just settled a shareholder class action = lawsuit > > for $15 million so they can concentrate on defending themselves > > against fraud charges by the SEC). Sure, I'll pay you guys $15 > > really big ones, but, hey, I'm still not admitting I did anything > > wrong with the company financial reports. Maybe we should be = buying > > shares in companies making shredders?? This is the third big > > financial scandal in recent years involving Andersen, and now > > leading to cries from Congress for governmental regulation of > > accounting firms. Great idea, let the politicians who rarely can > > balance a budget, and invented the concept of off-book = accounting, > > regulate the accountants. >=20 > This makes me wonder how "good" the earnings figures we get really > are. It seems logical that given the number of firms that Arthur > Andersen serves as the accountants/auditors, there have to be more > out there that are fraudulent - and someone is benefiting. >=20 > Furthermore, is it likely this behavior is unique to just Andersen? >=20 > I don't mean to sound like a conspiracy type; but it does give me a > dose of cynicism that we have to be even more diligent in our > research. Enron was rarely, if ever, a CANSLIM stock, but the = lesson > is valuable nonetheless. >=20 > I suspect the Enron situation could change some legislation. = There > are some big name trustee types demanding an investigation. I = blame > Andersen more than Enron. Andersen is "supposed" to be = impartial; > hence the auditing requirements. > >> - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". 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jans,
 
The accounting changes have to do with the way goodwill is handled = on the=20 books. Companies will no longer be required to write it off over time, = meaning=20 EPS will be higher as a result. Most companies report pro-forma numbers = anyway,=20 essentially deleting the "one time" or "extraordinary" charges such as = write=20 down of goodwill. The problem with goodwill is that it is the excess = paid over=20 the "value" of  a purchase, so companies will be required to write = it down=20 only if the "value changes." (Hah...now *there's* an entire inerpretive=20 consulting practice right there!) When goodwill was originally conceived = it was=20 a way to show something of value that couldn't be calculated in book = value, etc.=20 For example, if I bought Coca-Cola, the value of its net assets might be = $100,=20 but I might pay $200 for it. The excess could be perceived as "brand = value"=20 which of course, can't really be quantified in a true accounting sense.=20 Unfortunately, when companies overpay for acquisitions with inflated = stock,=20 things get really ugly. Good example would be a company like JDSU which=20 purchased ETEK and SDLI at the height of the bubble.
 
Katherine
 
Here's an explanatory article:
 
Unreliable=20 estimates
3Dgraphic=20 January=20 15, 2002: 2:39 p.m. ET

New = accounting=20 rule muddies projections, may lead to seemingly higher = profits.=20
By Staff Writer Victoria=20 Zunitch
3Dgraphic=20
3Dgraphic=20 3Dgraphic=20
3Dgraphic=20
NEW=20 YORK (CNN/Money) - Earnings estimates, one of Wall Street's = favorite=20 prediction tools, may be unusually unreliable for at least the = next few=20 months as a new accounting rule could make some companies' profit = growth=20 appear higher than it actually is.

The new rule, Financial=20 Accounting Standards Board (FASB) rule FAS 142, applies to all = public=20 companies as of January 1. It says that goodwill, which companies = book in=20 some mergers and acquisitions, no longer must be automatically = amortized,=20 or written down, over a maximum of 40 years. Goodwill is the = amount paid=20 for a business that exceeds its book value.

Instead, = companies will=20 have to write down goodwill only if its value decreases. Although = some=20 companies will have to take these write-downs from time to time, = which=20 will reduce their earnings, analysts say that most companies will = benefit=20 from the change and overall earnings will be higher than in the=20 past.

Some say the new rule could make aggregate earnings = for the=20 overall market appear as much as 5 to 10 percent = higher.

  3Dgraphic
Comparing apples with=20 apples

Many analysts and = companies still=20 have not updated their 2002 projections to reflect the new rule. = What=20 makes the problem more serious, though, is that companies are not = required=20 to recalculate their earnings for previous years in advance and = this could=20 give investors a false impression of actual earnings growth = through the=20 years.

"Everybody is in a pretty reasonable state of = confusion,"=20 said Charles Blood, director of financial markets and economic = analysis at=20 Brown Brothers Harriman.

Chuck Hill, director of research = at=20 earnings tracking firm First Call, thinks companies might wait for = each=20 new quarter of 2002 to report the correct comparison, or "pro = forma,"=20 numbers  for the corresponding 2001 quarter.

But it is = unclear=20 if and when multiple-year comparisons will be = provided.

"FASB does=20 a very good job at putting out their opinions and how the = accounting=20 works, but not at the implementation," Hill said.

FASB = director of=20 research and technical activities Timothy Lucas said he believes = that the=20 Securities and Exchange Commission requires multiple-year = comparisons in=20 corporate annual reports and that will, by default, eventually = take care=20 of this problem. An SEC official, contacted twice, was unable to = confirm=20 this as of press time.

What is First Call = doing?

In=20 an effort to dispel some of the confusion, First Call is posting = earnings=20 estimates calculated under both methods and is urging users of its = service=20 to be cautious.

Hill is hoping that most first-quarter = projections=20 will be recalculated to account for the new rule by the end of = this=20 month.

Some industries have already taken the lead. The=20 merger-intensive financial and technology sectors are ahead of the = game=20 and have begun providing their estimates based on the new rule. In = fact,=20 FASB used a good deal of information from the banking industry = when=20 working on the change.

"Most of the major banks have = already been=20 giving the data anyway, so comparability won't be a problem, = because we=20 already have the data," said Ron Mandle, analyst at Sanford=20 Bernstein.

In other sectors of the market, analysts are = still=20 waiting for companies to provide details before they prepare their = new=20 estimates.

Saying that they'd rather get it right than = fast, these=20 analysts are relying on the companies they cover to provide them = with=20 guidance and do the arithmetic.

"I didn't want to go ahead = and=20 speculate only to have to adjust because I didn't get the = classifications=20 right," said Michael Harris, a Deutsche Banc analyst who follows = Caterpillar = (CAT: = down $0.59 to=20 $49.90, Re= search,=20 Estimates= ).

Todd=20 A. Hinrichs, who follows Caterpillar for ABN Amro and also is = waiting for=20 company guidance, says the issue isn't that much of a problem for = his=20 clients because they're institutional investors who understand the = change.

But he and others concede that individual = investors, in=20 particular those who pick their own stocks using analysts' = estimates,=20 probably will be confused.

Coping with = uncertainty

Even=20 Wall Street's top strategists are guessing when they compare = earnings=20 expectations to previous years. Strategists use the coming year's=20 projected earnings to make predictions and judgments about the = market.=20 They base some of their work on how much earnings have grown, or = not=20 grown, from previous years.

But without proper comparison = numbers=20 from past years, projecting future growth or even analyzing = current growth=20 will involve more guesswork than usual. Wall Street has been = through this=20 before with other accounting changes, so the professionals have=20 established coping methods. For example, at Brown Brothers = Harriman, Blood=20 expects to prepare two sets of earnings projections because of the = new=20 rule.

But to a certain degree, the market is stuck with = precisely=20 what it hates most: uncertainty.

"What you have to accept = is that=20 we won't get very precise numbers until we have everything sorted = out,"=20 says Subodh Kumar, chief investment strategist at CIBC World=20 Markets
----- Original Message -----
From:=20 Spencer48@aol.com
Sent: Saturday, January 19, = 2002 9:16=20 PM
Subject: Re: AW: [CANSLIM] = Arthur=20 Andersen

Dave, Andreas and Tom:

     = Andreas:=20 How can cash-flow be below EPS, since in order to derive
cash-flow = you=20 must add non-cash expenses (like amortization expense, =
and-possibly (see=20 next paragraph as to why I am uncertain)-good-will=20 expense)

     On Wednesday or Thursday's = CNBC show=20 with Lawerence Kudlow at 11PM EST,
the show revolved around the = Enron=20 scandal.  I thought I heard mention that
the Supervisory = Board=20 relating to Accounting Practices was doing away with
the balance = sheet=20 entry "Goodwill", but I thought it had already been done
away with = several=20 years ago? 

     In any event, what = baffles=20 me is that just about everyone on the
business news remarks on = Enron's OFF=20 BOOK ACCOUNTS, but I've heard no one on
any of these shows lambast = anyone=20 at Enron (or Anderson
who-putatively-audited them) who decided to = go with=20 off-book accounting.  It
makes one wonder, how many public=20 corporation have off-book entries?  It also
makes one wonder = if DGO,=20 WON and IBD recognize these entries as legitimate-or
if they are = even=20 aware of them?  I guess the bottom line is:  How accurate is =
an=20 off-book entry, and does it accurately and legally reflect the=20
corporation's profit/loss statement, or is it instead a gambit a=20 corporation
uses to circumvent investment law and SEC supervision? =

jans


In a message dated 1/19/2002 8:02:27 PM = Eastern=20 Standard Time,
judgejimmy@web.de=20 writes:

<< ts not only Anderson or Enron, its also laws = that give=20 the possibiltiy
 to give EPS numbers that are so far away from = the=20 cash flow number, that
 the EPS number does not represent "a = true and=20 fair view" of the current
situation
 of the firm. You can = not pay=20 bills with EPS number, you only can pay
 for personel and = material if=20 you generate enough cash flow to cover your
costs
 and to = reach a=20 profit margin and to take care of investments in you=20 business.
 
 A very good way to see quickly if the EPS = Reporting is fair or not -->
 
 Check if the Cash = Flow is=20 above or at least equal to the EPS numbers
reported.
 If = it is=20 even below, than its always good to be really critical=20 ...
 
 Cash Flow Price Ratio should be always below = the PE=20 Ratio. A good sign is
 if the Cash Flow to Price Ratio is half = the PE=20 Ratio (thats my rule of
thumb).
 
 Even better, = use free=20 cash flow (the money that is not needed even after
investments = charged),=20
 but this is not provided by any service I know=20 ...
 
 I always wondered, why the investment community = does=20 not pay attention to
the differences
 between both numbers = (PE and=20 PCF Ratio).
 But as far I can tell, a low Price Cash flow = Ratio, which=20 is well below the
PE Ratio is
 very seldem taken into = account by=20 the market and very seldem is used as
"fuel" to
 price up = the=20 stock price.
 
 So I only get really cautious if the = PCF Ratio=20 is not below the PE Ratio.
 
 But with Enron, I gues, = even=20 this would not have helped, due to the fact
that they just=20 reported
 wrong numbers...
 
 See=20 you
 
 Andreas
 
 
 >=20 -----Ursprungliche Nachricht-----
 > Von: Dave Cameron=20 [SMTP:dfcameron@yahoo.com]
 > Gesendet am: Sunday, January = 20, 2002=20 1:07 AM
 > An:  canslim@lists.xmission.com=
 >=20 Betreff: [CANSLIM] Arthur Andersen
 >
 > =
 >=20 --- Tom Worley <stkguru@netside.net>=20 wrote:
 > Tom writes:
 >
 > > Is = it=20 coincidence that Arthur Andersen is Enron's consultant /
 > = >=20 advisor / auditor, and was also doing some of the same for=20 Sunbeam?
 > > (some Sunbeam execs just settled a = shareholder=20 class action lawsuit
 > > for $15 million so they can=20 concentrate on defending themselves
 > > against fraud = charges=20 by the SEC). Sure, I'll pay you guys $15
 > > really big = ones,=20 but, hey, I'm still not admitting I did anything
 > > = wrong with=20 the company financial reports. Maybe we should be buying
 > = >=20 shares in companies making shredders?? This is the third = big
 >=20 > financial scandal in recent years involving Andersen, and=20 now
 > > leading to cries from Congress for governmental = regulation of
 > > accounting firms. Great idea, let the = politicians who rarely can
 > > balance a budget, and = invented=20 the concept of off-book accounting,
 > > regulate the=20 accountants.
 >
 > This makes me wonder how = "good" the=20 earnings figures we get really
 > are.  It seems = logical that=20 given the number of firms that Arthur
 > Andersen serves as = the=20 accountants/auditors, there have to be more
 > out there = that are=20 fraudulent - and someone is benefiting.
 >
 >=20 Furthermore, is it likely this behavior is unique to just=20 Andersen?
 >
 > I don't mean to sound like a = conspiracy=20 type; but it does give me a
 > dose of cynicism that we = have to be=20 even more diligent in our
 > research.  Enron was = rarely, if=20 ever, a CANSLIM stock, but the lesson
 > is valuable=20 nonetheless.
 >
 > I suspect the Enron = situation could=20 change some legislation.   There
 > are some big = name=20 trustee types demanding an investigation.   I = blame
 >=20 Andersen more than Enron.    Andersen is "supposed" to = be=20 impartial;
 > hence the auditing = requirements.
 > =20 >>

-
-To subscribe/unsubscribe, email "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your email.
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Do not use quotes in your email. ------------------------------------------------------------------------------- From: Ian Subject: Re: Re:ELTE (was [CANSLIM] Katherine-Opinion please?] Date: 19 Jan 2002 21:16:34 -0800 This is a multi-part message in MIME format. --Boundary_(ID_iWQ88cLDsBh8vzKAt327kg) Content-type: text/plain; charset=iso-8859-1 Content-transfer-encoding: 7BIT Katherine: I have listened to the last 2 conference calls, and management paints a very different picture. The acquisition from last year has been negligible to overall revenues, and has not contributed to earnings yet. Rather, the fact that they are in a new product cycle, expanding internationally, and are moving into new verticals, has been given as their reason for the recent growth. Moreover, they claimed last Q that existing backlog should make Q4 2001 and Q1 2002 comparable with the last 2 quarters. They also seemed confident that their customer base and recurring revenue stream had finally reached a "critical mass" that would ensure continuing growth. They weren't sure what exact growth rate they would have, but they were confident growth would continue. Finally, they were confident that the Law Manager acquisition from last year was finally about to contribute meaningfully to earnings. In the face of this, it strikes me as odd that there would still be an active covering analyst with such low estimates. Maybe that means that the next earnings report (rumored to be on Feb. 11) will be the one that either breaks them, or sends them to a new level as they finally have a share price over $10 and a market cap over $100,000,000. We'll see. Ian ----- Original Message ----- From: Katherine Malm To: canslim@lists.xmission.com Sent: Saturday, January 19, 2002 6:48 AM Subject: Re: Re:ELTE (was [CANSLIM] Katherine-Opinion please?] Hi Tom This is what I don't get, and I'm not trying to be objectionable, just trying to find out how you'd get $.16/quarter given the company's history. When I look at this, I see OK growth in revenues, but the company continuously has good and bad quarters. I noticed in the 10Q that they capitalize software development and then write it off in chunks every so often (not uncommon) and it's possible that these negative quarters every so often are related to that. I'm guessing if I were to dig further into the financials I would get to know them better. I know that they did an acquisition in 2000, and I'd assume that the growth in EPS would be related. I look at Sept/Oct 99 and see really nice quarters just like the last two we've seen recently, but they are then followed by negative or so-so quarters. That raises red flags and would lead me to question whether the growth pattern shown recently can be projected into the future. Katherine GROWTH RATES 1 Year 3 Years 5 Years Sales % -11.70 15.54 -14.53 EPS % NM NM NM Dividend % NM NM NM REVENUE Quarters 1998 1999 2000 2001 MAR 8,343 12,988 13,334 14,295 JUN 10,850 15,401 13,741 17,392 SEP 12,385 15,381 12,858 18,516 DEC 13,484 15,496 12,399 Totals 45,062 59,266 52,332 50,203 Note: Units in Thousands of U.S. Dollars EARNINGS PER SHARE Quarters 1998 1999 2000 2001 MAR -0.070 0.010 0.050 -0.040 JUN -0.060 0.080 0.010 0.160 SEP 0.020 0.140 -0.020 0.230 DEC -0.030 0.210 -0.060 Totals -0.140 0.440 -0.020 0.350 Note: Units in U.S. Dollars ----- Original Message ----- From: Tom Worley To: canslim@lists.xmission.com Sent: Saturday, January 19, 2002 8:27 AM Subject: Re: Re:ELTE (was [CANSLIM] Katherine-Opinion please?] Hi Katherine, I see 16 cents as easy based on the last 4 sequential quarters (last two were 16 and 23 cents). Sales appear to be accelerating thru Q3, so even a moderate slowdown in acceleration should still leave them well over 16 cents/qtr. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message ----- From: Katherine Malm To: canslim@lists.xmission.com Sent: Saturday, January 19, 2002 9:09 AM Subject: Re: Re:ELTE (was [CANSLIM] Katherine-Opinion please?] Tom, Ian Just curious...where do you get $.16/Q EPS estimates? I took a *very* quick glance at the last 10Q, are you basing this on the acquisition in 2000? Katherine ----- Original Message ----- From: Tom Worley To: canslim@lists.xmission.com Sent: Saturday, January 19, 2002 12:25 AM Subject: Re: Re:ELTE (was [CANSLIM] Katherine-Opinion please?] I agree, Ian. My second trip on this stock has nearly made up the loss from the first voyage. Looks more promising now than the first time I tried it. Sequential growth particularly impressive. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message ----- From: Ian To: canslim@lists.xmission.com Sent: Friday, January 18, 2002 8:01 PM Subject: Re: Re:ELTE (was [CANSLIM] Katherine-Opinion please?] Thanks a lot for the chart analysis. The low volume during the new high to $13.50, and the high volume/no progress days on 1/10, 1/11, and 1/15 were the things that concerned me. I convinced myself that the low-volume high was just a case of 'too much, too fast' off the $5 October low. The recent high volume/no movement days are what concern me. There shouldn't be much concern with P/E. The company claimed that Q4 2001, and Q1 2002 were already filled with existing backlog, and I figure that a minimum of $0.16 per Q is easy - so 4 months from now, the ttm EPS will be at least $0.70 if not more, and the P/E at current levels would be under 20. Given their industry group and recent growth rate, a much higher price could easily be supported. But I would like to see more signs of volume accumulation here. After the next earnings report the IBD EPS ranking should go over 85, and the RS is over 90 already, so it should start appearing on IBD radar screens for the first time - including the weekend review. Perhaps it will be a month or so before the next clear direction becomes visible. Thanks again, Ian ----- Original Message ----- From: Katherine Malm To: canslim@lists.xmission.com Sent: Friday, January 18, 2002 3:36 PM Subject: Re:ELTE (was [CANSLIM] Katherine-Opinion please?] Hi Ian, Your question has me wondering whether the sell rules that I follow translate perfectly to thinly traded stocks. But I'll tell you what I see and the way I would read it if I were to own it: -After the B/O at 7.13, stock moves up and consolidates for about 5 weeks. This is a "valid" consolidation so that makes the previous base low 8.01 which was printed on 11/23/01. -Just as a quick check for "overextension" that means that the stock is 70% above the 200dMA (7.02), 15% above the 50dMA (10.43) and 49.6% above the base low (8.01). It gets a yellow flag for being 70% above the 200dMA according to WON's sell rule #34, but does not get a red flag for the Rubberband Sell Rule. -After the consolidation and breakout 12/18 the stock has started to show signs of stress. This could easily be market related, but no way to tell. -1/2/02: New high on low volume. Red flag. -1/10/02 & 1/11/02- two days with little or no price progress on high volume. Red flag. -With 1 yellow and 2 red flags I thought it worth doing a PE Extension check. I've reconstructed the PE at the time of the B/O in October using trailing EPS numbers for the prior quarters. That puts it at $7.13/$.29 = 24.59. The extension warning would then be a forward PE of 24.59*2.21= 54.3. Let's see. DGO doesn't have any estimates, which means it isn't followed by enough analysts. I checked the internet to see if I could find anything and ran across this EPS/Rev snapshot: http://yahoo.marketguide.com/MGI/mg.asp?target=/stocks/companyinformation/highlights&Ticker=ELTE I am alarmed by the essentially flat revenues over the last 4 years, so I am going to go with the EPS estimates in my VectorVest software which reads a measly $.02. That puts the current forward looking PE at $11.98/$0.02 = 599! I'll have to mark that Red Flag. One note is that its industry is fairly healthy, consolidating after rising, not overly extended and currently ranked in the 2nd quartile. I'll let you take it from there! Katherine ----- Original Message ----- From: Ian To: canslim@lists.xmission.com Sent: Friday, January 18, 2002 4:40 PM Subject: [CANSLIM] Katherine - Opinion please? Would tuesdays distribution day for ELTE make you exit the stock at this point? Do you have any other insights into the chart? I would appreciate your analysis - it is the one big recent winner I am wondering what to do with. Based on all of my past experiences, and knowing the companies outlook, my gut tells me that it needs to consolidate here, but will run into the $20's by mid-year. But I'd rather listen to the chart. I fear I've held it long enough that I may be complacent. Thank you. Ian --Boundary_(ID_iWQ88cLDsBh8vzKAt327kg) Content-type: text/html; charset=iso-8859-1 Content-transfer-encoding: 7BIT
Katherine:
 
I have listened to the last 2 conference calls, and management paints a very different picture. The acquisition from last year has been negligible to overall revenues, and has not contributed to earnings yet. Rather, the fact that they are in a new product cycle, expanding internationally, and are moving into new verticals, has been given as their reason for the recent growth. Moreover, they claimed last Q that existing backlog should make Q4 2001 and Q1 2002 comparable with the last 2 quarters. They also seemed confident that their customer base and recurring revenue stream had finally reached a "critical mass" that would ensure continuing growth. They weren't sure what exact growth rate they would have, but they were confident growth would continue.
 
Finally, they were confident that the Law Manager acquisition from last year was finally about to contribute meaningfully to earnings.
 
In the face of this, it strikes me as odd that there would still be an active covering analyst with such low estimates. Maybe that means that the next earnings report (rumored to be on Feb. 11) will be the one that either breaks them, or sends them to a new level as they finally have a share price over $10 and a market cap over $100,000,000. We'll see.
 
Ian
 
 
----- Original Message -----
Sent: Saturday, January 19, 2002 6:48 AM
Subject: Re: Re:ELTE (was [CANSLIM] Katherine-Opinion please?]

Hi Tom
 
This is what I don't get, and I'm not trying to be objectionable, just trying to find out how you'd get $.16/quarter given the company's history. When I look at this, I see OK growth in revenues, but the company continuously has good and bad quarters. I noticed in the 10Q that they capitalize software development and then write it off in chunks every so often (not uncommon) and it's possible that these negative quarters every so often are related to that. I'm guessing if I were to dig further into the financials I would get to know them better. I know that they did an acquisition in 2000, and I'd assume that the growth in EPS would be related. I look at Sept/Oct 99 and see really nice quarters just like the last two we've seen recently, but they are then followed by negative or so-so quarters. That raises red flags and would lead me to question whether the growth pattern shown recently can be projected into the future.
 
Katherine
 
GROWTH RATES
1 Year 3 Years 5 Years
Sales % -11.70 15.54 -14.53
EPS % NM NM NM
Dividend % NM NM NM

REVENUE
Quarters 1998 1999 2000 2001
MAR 8,343 12,988 13,334 14,295
JUN 10,850 15,401 13,741 17,392
SEP 12,385 15,381 12,858 18,516
DEC 13,484 15,496 12,399
Totals 45,062 59,266 52,332 50,203
Note:  Units in Thousands of U.S. Dollars
 
EARNINGS PER SHARE
Quarters 1998 1999 2000 2001
MAR -0.070 0.010 0.050 -0.040
JUN -0.060 0.080 0.010 0.160
SEP 0.020 0.140 -0.020 0.230
DEC -0.030 0.210 -0.060
Totals -0.140 0.440 -0.020 0.350
Note:  Units in U.S. Dollars
----- Original Message -----
From: Tom Worley
Sent: Saturday, January 19, 2002 8:27 AM
Subject: Re: Re:ELTE (was [CANSLIM] Katherine-Opinion please?]

Hi Katherine,
 
I see 16 cents as easy based on the last 4 sequential quarters (last two were 16 and 23 cents). Sales appear to be accelerating thru Q3, so even a moderate slowdown in acceleration should still leave them well over 16 cents/qtr.
 
 
Tom Worley
stkguru@netside.net
AIM: TexWorley
----- Original Message -----
Sent: Saturday, January 19, 2002 9:09 AM
Subject: Re: Re:ELTE (was [CANSLIM] Katherine-Opinion please?]

Tom, Ian
 
Just curious...where do you get $.16/Q EPS estimates? I took a *very* quick glance at the last 10Q, are you basing this on the acquisition in 2000?
 
Katherine
----- Original Message -----
From: Tom Worley
Sent: Saturday, January 19, 2002 12:25 AM
Subject: Re: Re:ELTE (was [CANSLIM] Katherine-Opinion please?]

I agree, Ian. My second trip on this stock has nearly made up the loss from the first voyage. Looks more promising now than the first time I tried it. Sequential growth particularly impressive.
 
Tom Worley
stkguru@netside.net
AIM: TexWorley
----- Original Message -----
From: Ian
Sent: Friday, January 18, 2002 8:01 PM
Subject: Re: Re:ELTE (was [CANSLIM] Katherine-Opinion please?]

Thanks a lot for the chart analysis. The low volume during the new high to $13.50, and the high volume/no progress days on 1/10, 1/11, and 1/15 were the things that concerned me. I convinced myself that the low-volume high was just a case of 'too much, too fast' off the $5 October low. The recent high volume/no movement days are what concern me.
 
There shouldn't be much concern with P/E. The company claimed that Q4 2001, and Q1 2002 were already filled with existing backlog, and I figure that a minimum of $0.16 per Q is easy - so 4 months from now, the ttm EPS will be at least $0.70 if not more, and the P/E at current levels would be under 20. Given their industry group and recent growth rate, a much higher price could easily be supported. But I would like to see more signs of volume accumulation here.
 
After the next earnings report the IBD EPS ranking should go over 85, and the RS is over 90 already, so it should start appearing on IBD radar screens for the first time - including the weekend review. Perhaps it will be a month or so before the next clear direction becomes visible.
 
Thanks again,
 
Ian
 
 
 
----- Original Message -----
Sent: Friday, January 18, 2002 3:36 PM
Subject: Re:ELTE (was [CANSLIM] Katherine-Opinion please?]

Hi Ian,
 
Your question has me wondering whether the sell rules that I follow translate perfectly to thinly traded stocks. But I'll tell you what I see and the way I would read it if I were to own it:
 
-After the B/O at 7.13, stock moves up and consolidates for about 5 weeks. This is a "valid" consolidation so that makes the previous base low 8.01 which was printed on 11/23/01.
-Just as a quick check for "overextension" that means that the stock is 70% above the 200dMA (7.02), 15% above the 50dMA (10.43) and 49.6% above the base low (8.01). It gets a yellow flag for being 70% above the 200dMA according to WON's sell rule #34, but does not get a red flag for the Rubberband Sell Rule.
-After the consolidation and breakout 12/18 the stock has started to show signs of stress. This could easily be market related, but no way to tell.
-1/2/02: New high on low volume. Red flag.
-1/10/02 & 1/11/02- two days with little or no price progress on high volume. Red flag.
-With 1 yellow and 2 red flags I thought it worth doing a PE Extension check. I've reconstructed the PE at the time of the B/O in October using trailing EPS numbers for the prior quarters. That puts it at $7.13/$.29 = 24.59. The extension warning would then be a forward PE of 24.59*2.21= 54.3. Let's see. DGO doesn't have any estimates, which means it isn't followed by enough analysts. I checked the internet to see if I could find anything and ran across this EPS/Rev snapshot:
 
 
I am alarmed by the essentially flat revenues over the last 4 years, so I am going to go with the EPS estimates in my VectorVest software which reads a measly $.02. That puts the current forward looking PE at $11.98/$0.02 = 599! I'll have to mark that Red Flag.
 
One note is that its industry is fairly healthy, consolidating after rising, not overly extended and currently ranked in the 2nd quartile.
 
I'll let you take it from there!
 
Katherine
----- Original Message -----
From: Ian
Sent: Friday, January 18, 2002 4:40 PM
Subject: [CANSLIM] Katherine - Opinion please?

Would tuesdays distribution day for ELTE make you exit the stock at this point? Do you have any other insights into the chart?
 
I would appreciate your analysis - it is the one big recent winner I am wondering what to do with. Based on all of my past experiences, and knowing the companies outlook, my gut tells me that it needs to consolidate here, but will run into the $20's by mid-year. But I'd rather listen to the chart. I fear I've held it long enough that I may be complacent.
 
Thank you.
 
Ian
--Boundary_(ID_iWQ88cLDsBh8vzKAt327kg)-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: Re:ELTE (was [CANSLIM] Katherine-Opinion please?] Date: 19 Jan 2002 23:23:01 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_006E_01C1A140.3CE983C0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Thanks for clearing this up Ian. Things like this can't be "seen" in the = records available online. Just goes to show that with a microcap such as = this, due diligence needs to be deep enough to uncover these clues. (And = conversely, the same would hold for uncovering rats in the attic for = other microcaps!) Have you made a decision as to whether to "sell on the technicals" or = will you wait for the next earnings announcement and conference call? The estimates I am using are from my VectorVest software. If there are = no analysts covering, they use past EPS and "significant developments" = to make a forward estimate. As I don't generally follow microcaps, I'm = not sure how reliable these numbers are. When I wrote my note yesterday, = that's why I looked at the historical Rev/EPS numbers myself before = taking their low forward EPS number at face value. One thing I did note in the financials from last quarter is that they = have not been writing off some of their software development costs this = year. From the 10Q 11/14/01: Research and development expenses for this year's third quarter of $1.7 = million (or 9.4% of revenue) increased slightly from $1.6 million (or = 12.5% of revenue) in 2000. Such expenses for the first nine months of = 2001 totaled $5.0 million (or 10.0% of revenue) compared to $4.4 million = (or 11.0% of revenue) for the first nine months of the prior year. = Research and development expenses consist primarily of salaries and = expenses of the Company's research and development personnel and outside = consultants. The higher expenses in 2001 over the same period last year = reflect costs for work to design and develop certain products to support = the Company's expansion into new Professional Services Automation = markets, partially offset by reduced expenses for Elite.com. Research = and development expenses exclude internally developed software costs = that were capitalized totaling approximately $320,000 for the third = quarter and approximately $900,000 for the first nine months of 2001. No = software development costs were capitalized in 2000.=20 The increased R&D effort for EIS is expected to continue through 2001 as = the Company completes development of its new product lines. The Company = is committed to maintaining strong research and development efforts so = it can continue to provide innovative software solutions as the needs of = its customer base and target markets change.=20 Something like this would certainly make 2001 EPS numbers "look" better = when comparing QoQ or YoY. Katherine ----- Original Message -----=20 From: Ian=20 To: canslim@lists.xmission.com=20 Sent: Saturday, January 19, 2002 11:16 PM Subject: Re: Re:ELTE (was [CANSLIM] Katherine-Opinion please?] Katherine: I have listened to the last 2 conference calls, and management paints = a very different picture. The acquisition from last year has been = negligible to overall revenues, and has not contributed to earnings yet. = Rather, the fact that they are in a new product cycle, expanding = internationally, and are moving into new verticals, has been given as = their reason for the recent growth. Moreover, they claimed last Q that = existing backlog should make Q4 2001 and Q1 2002 comparable with the = last 2 quarters. They also seemed confident that their customer base and = recurring revenue stream had finally reached a "critical mass" that = would ensure continuing growth. They weren't sure what exact growth rate = they would have, but they were confident growth would continue. Finally, they were confident that the Law Manager acquisition from = last year was finally about to contribute meaningfully to earnings. In the face of this, it strikes me as odd that there would still be an = active covering analyst with such low estimates. Maybe that means that = the next earnings report (rumored to be on Feb. 11) will be the one that = either breaks them, or sends them to a new level as they finally have a = share price over $10 and a market cap over $100,000,000. We'll see. Ian ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Saturday, January 19, 2002 6:48 AM Subject: Re: Re:ELTE (was [CANSLIM] Katherine-Opinion please?] Hi Tom This is what I don't get, and I'm not trying to be = objectionable, just trying to find out how you'd get $.16/quarter given = the company's history. When I look at this, I see OK growth in revenues, = but the company continuously has good and bad quarters. I noticed in the = 10Q that they capitalize software development and then write it off in = chunks every so often (not uncommon) and it's possible that these = negative quarters every so often are related to that. I'm guessing if I = were to dig further into the financials I would get to know them better. = I know that they did an acquisition in 2000, and I'd assume that the = growth in EPS would be related. I look at Sept/Oct 99 and see really = nice quarters just like the last two we've seen recently, but they are = then followed by negative or so-so quarters. That raises red flags and = would lead me to question whether the growth pattern shown recently can = be projected into the future. Katherine GROWTH RATES=20 1 Year 3 Years 5 Years=20 Sales % -11.70 15.54 -14.53=20 EPS % NM NM NM=20 Dividend % NM NM NM=20 REVENUE=20 Quarters 1998 1999 2000 2001=20 MAR 8,343 12,988 13,334 14,295=20 JUN 10,850 15,401 13,741 17,392=20 SEP 12,385 15,381 12,858 18,516=20 DEC 13,484 15,496 12,399 =20 =20 Totals 45,062 59,266 52,332 50,203=20 Note: Units in Thousands of U.S. Dollars=20 =20 =20 EARNINGS PER SHARE=20 Quarters 1998 1999 2000 2001=20 MAR -0.070 0.010 0.050 -0.040=20 JUN -0.060 0.080 0.010 0.160=20 SEP 0.020 0.140 -0.020 0.230=20 DEC -0.030 0.210 -0.060 =20 =20 Totals -0.140 0.440 -0.020 0.350=20 Note: Units in U.S. Dollars=20 =20 ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Saturday, January 19, 2002 8:27 AM Subject: Re: Re:ELTE (was [CANSLIM] Katherine-Opinion please?] Hi Katherine, I see 16 cents as easy based on the last 4 sequential quarters = (last two were 16 and 23 cents). Sales appear to be accelerating thru = Q3, so even a moderate slowdown in acceleration should still leave them = well over 16 cents/qtr. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Saturday, January 19, 2002 9:09 AM Subject: Re: Re:ELTE (was [CANSLIM] Katherine-Opinion please?] Tom, Ian Just curious...where do you get $.16/Q EPS estimates? I took a = *very* quick glance at the last 10Q, are you basing this on the = acquisition in 2000? Katherine ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Saturday, January 19, 2002 12:25 AM Subject: Re: Re:ELTE (was [CANSLIM] Katherine-Opinion please?] I agree, Ian. My second trip on this stock has nearly made up = the loss from the first voyage. Looks more promising now than the first = time I tried it. Sequential growth particularly impressive. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Ian=20 To: canslim@lists.xmission.com=20 Sent: Friday, January 18, 2002 8:01 PM Subject: Re: Re:ELTE (was [CANSLIM] Katherine-Opinion = please?] Thanks a lot for the chart analysis. The low volume during = the new high to $13.50, and the high volume/no progress days on 1/10, = 1/11, and 1/15 were the things that concerned me. I convinced myself = that the low-volume high was just a case of 'too much, too fast' off the = $5 October low. The recent high volume/no movement days are what concern = me. There shouldn't be much concern with P/E. The company = claimed that Q4 2001, and Q1 2002 were already filled with existing = backlog, and I figure that a minimum of $0.16 per Q is easy - so 4 = months from now, the ttm EPS will be at least $0.70 if not more, and the = P/E at current levels would be under 20. Given their industry group and = recent growth rate, a much higher price could easily be supported. But I = would like to see more signs of volume accumulation here.=20 After the next earnings report the IBD EPS ranking should go = over 85, and the RS is over 90 already, so it should start appearing on = IBD radar screens for the first time - including the weekend review. = Perhaps it will be a month or so before the next clear direction becomes = visible. Thanks again, Ian ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Friday, January 18, 2002 3:36 PM Subject: Re:ELTE (was [CANSLIM] Katherine-Opinion please?] Hi Ian, Your question has me wondering whether the sell rules that = I follow translate perfectly to thinly traded stocks. But I'll tell you = what I see and the way I would read it if I were to own it: -After the B/O at 7.13, stock moves up and consolidates = for about 5 weeks. This is a "valid" consolidation so that makes the = previous base low 8.01 which was printed on 11/23/01. -Just as a quick check for "overextension" that means that = the stock is 70% above the 200dMA (7.02), 15% above the 50dMA (10.43) = and 49.6% above the base low (8.01). It gets a yellow flag for being 70% = above the 200dMA according to WON's sell rule #34, but does not get a = red flag for the Rubberband Sell Rule. -After the consolidation and breakout 12/18 the stock has = started to show signs of stress. This could easily be market related, = but no way to tell. -1/2/02: New high on low volume. Red flag. -1/10/02 & 1/11/02- two days with little or no price = progress on high volume. Red flag. -With 1 yellow and 2 red flags I thought it worth doing a = PE Extension check. I've reconstructed the PE at the time of the B/O in = October using trailing EPS numbers for the prior quarters. That puts it = at $7.13/$.29 =3D 24.59. The extension warning would then be a forward = PE of 24.59*2.21=3D 54.3. Let's see. DGO doesn't have any estimates, = which means it isn't followed by enough analysts. I checked the internet = to see if I could find anything and ran across this EPS/Rev snapshot: = http://yahoo.marketguide.com/MGI/mg.asp?target=3D/stocks/companyinformati= on/highlights&Ticker=3DELTE I am alarmed by the essentially flat revenues over the = last 4 years, so I am going to go with the EPS estimates in my = VectorVest software which reads a measly $.02. That puts the current = forward looking PE at $11.98/$0.02 =3D 599! I'll have to mark that Red = Flag. One note is that its industry is fairly healthy, = consolidating after rising, not overly extended and currently ranked in = the 2nd quartile. I'll let you take it from there! Katherine ----- Original Message -----=20 From: Ian=20 To: canslim@lists.xmission.com=20 Sent: Friday, January 18, 2002 4:40 PM Subject: [CANSLIM] Katherine - Opinion please? Would tuesdays distribution day for ELTE make you exit = the stock at this point? Do you have any other insights into the chart? I would appreciate your analysis - it is the one big = recent winner I am wondering what to do with. Based on all of my past = experiences, and knowing the companies outlook, my gut tells me that it = needs to consolidate here, but will run into the $20's by mid-year. But = I'd rather listen to the chart. I fear I've held it long enough that I = may be complacent. Thank you. Ian ------=_NextPart_000_006E_01C1A140.3CE983C0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Thanks for clearing this up Ian. Things like this can't be "seen" = in the=20 records available online. Just goes to show that with a microcap such as = this,=20 due diligence needs to be deep enough to uncover these clues. (And = conversely,=20 the same would hold for uncovering rats in the attic for other = microcaps!)
 
Have you made a decision as to whether to "sell on the technicals" = or will=20 you wait for the next earnings announcement and conference call?
 
The estimates I am using are from my VectorVest software. If there = are no=20 analysts covering, they use past EPS and "significant developments" to = make a=20 forward estimate. As I don't generally follow microcaps, I'm not sure = how=20 reliable these numbers are. When I wrote my note yesterday, that's why I = looked=20 at the historical Rev/EPS numbers myself before taking their low forward = EPS=20 number at face value.
 
One thing I did note in the financials from last quarter is that = they have=20 not been writing off some of their software development costs this year. = From=20 the 10Q 11/14/01:

Research and development expenses for this = year’s third quarter=20 of $1.7 million (or 9.4% of revenue) increased slightly from=20 $1.6 million (or 12.5% of revenue) in 2000. Such expenses for the = first=20 nine months of 2001 totaled $5.0 million (or 10.0% of revenue) = compared to=20 $4.4 million (or 11.0% of revenue) for the first nine months of the = prior=20 year. Research and development expenses consist primarily of salaries = and=20 expenses of the Company’s research and development personnel and = outside=20 consultants. The higher expenses in 2001 over the = same=20 period last year reflect costs for work to design and develop certain = products=20 to support the Company’s expansion into new Professional Services = Automation=20 markets, partially offset by reduced expenses for Elite.com. Research = and=20 development expenses exclude internally developed software costs that = were=20 capitalized totaling approximately $320,000 for the third quarter and=20 approximately $900,000 for the first nine months of 2001. No software=20 development costs were capitalized in 2000.

The increased R&D effort for EIS is expected to = continue=20 through 2001 as the Company completes development of its new product = lines. The=20 Company is committed to maintaining strong research and development = efforts so=20 it can continue to provide innovative software solutions as the needs of = its=20 customer base and target markets change.

Something like this would certainly make 2001 EPS numbers "look" = better when=20 comparing QoQ or YoY.

Katherine
----- Original Message -----
From:=20 Ian =
Sent: Saturday, January 19, = 2002 11:16=20 PM
Subject: Re: Re:ELTE (was = [CANSLIM]=20 Katherine-Opinion please?]

Katherine:
 
I have listened to the last 2 conference calls, = and=20 management paints a very different picture. The acquisition from last = year has=20 been negligible to overall revenues, and has not contributed to = earnings yet.=20 Rather, the fact that they are in a new product cycle, expanding=20 internationally, and are moving into new verticals, has been given as = their=20 reason for the recent growth. Moreover, they claimed last Q that = existing=20 backlog should make Q4 2001 and Q1 2002 comparable with the last 2 = quarters.=20 They also seemed confident that their customer base and recurring = revenue=20 stream had finally reached a "critical mass" that would ensure = continuing=20 growth. They weren't sure what exact growth rate they would have, but = they=20 were confident growth would continue.
 
Finally, they were confident that the Law Manager=20 acquisition from last year was finally about to contribute = meaningfully to=20 earnings.
 
In the face of this, it strikes me as odd that = there would=20 still be an active covering analyst with such low estimates. Maybe = that means=20 that the next earnings report (rumored to be on Feb. 11) will be the = one that=20 either breaks them, or sends them to a new level as they finally have = a share=20 price over $10 and a market cap over $100,000,000. We'll = see.
 
Ian
 
 
----- Original Message -----
From:=20 Katherine=20 Malm
Sent: Saturday, January 19, = 2002 6:48=20 AM
Subject: Re: Re:ELTE (was = [CANSLIM]=20 Katherine-Opinion please?]

Hi Tom
 
This is what I don't get, and I'm not trying = to be=20 objectionable, just trying to find out how you'd get = $.16/quarter=20 given the company's history. When I look at this, I see OK = growth in=20 revenues, but the company continuously has good and bad = quarters. I=20 noticed in the 10Q that they capitalize software development = and then=20 write it off in chunks every so often (not uncommon) and = it's=20 possible that these negative quarters every so often are = related to=20 that. I'm guessing if I were to dig further into the = financials I=20 would get to know them better. I know that they did an = acquisition in=20 2000, and I'd assume that the growth in EPS would be related. = I look=20 at Sept/Oct 99 and see really nice quarters just like the last = two=20 we've seen recently, but they are then followed by negative or = so-so=20 quarters. That raises red flags and would lead me to question = whether=20 the growth pattern shown recently can be projected into the=20 future.
 
Katherine
 
GROWTH RATES
1 Year 3 Years 5 Years
Sales % -11.70 15.54 -14.53
EPS % NM NM NM
Dividend % NM NM NM

REVENUE
Quarters 1998 1999 2000 2001
MAR 8,343 12,988 13,334 14,295
JUN 10,850 15,401 13,741 17,392
SEP 12,385 15,381 12,858 18,516
DEC 13,484 15,496 12,399
Totals 45,062 59,266 52,332 50,203
Note:  Units in Thousands of = U.S.=20 Dollars
 
EARNINGS = PER=20 SHARE
Quarters 1998 1999 2000 2001
MAR -0.070 0.010 0.050 -0.040
JUN -0.060 0.080 0.010 0.160
SEP 0.020 0.140 -0.020 0.230
DEC -0.030 0.210 -0.060
Totals -0.140 0.440 -0.020 0.350
Note:  Units in U.S.=20 = Dollars
----- Original Message ----- =
From:=20 Tom=20 Worley
To: canslim@lists.xmission.com= =20
Sent: Saturday, January 19, = 2002 8:27=20 AM
Subject: Re: Re:ELTE (was = [CANSLIM]=20 Katherine-Opinion please?]

Hi Katherine,
 
I see 16 cents as easy based on the last 4 = sequential quarters (last two were 16 and 23 cents). Sales appear = to be=20 accelerating thru Q3, so even a moderate slowdown in acceleration = should=20 still leave them well over 16 cents/qtr.
 
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message ----- =
From:=20 Katherine=20 Malm
To: canslim@lists.xmission.com= =20
Sent: Saturday, January = 19, 2002=20 9:09 AM
Subject: Re: Re:ELTE (was = [CANSLIM]=20 Katherine-Opinion please?]

Tom, Ian
 
Just curious...where do you get $.16/Q EPS estimates? I = took a=20 *very* quick glance at the last 10Q, are you basing this on the=20 acquisition in 2000?
 
Katherine
----- Original Message ----- =
From:=20 Tom=20 Worley
To: canslim@lists.xmission.com= =20
Sent: Saturday, January = 19, 2002=20 12:25 AM
Subject: Re: Re:ELTE = (was=20 [CANSLIM] Katherine-Opinion please?]

I agree, Ian. My second trip on this = stock has=20 nearly made up the loss from the first voyage. Looks more = promising=20 now than the first time I tried it. Sequential growth = particularly=20 impressive.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message ----- =
From:=20 Ian
To: canslim@lists.xmission.com= =20
Sent: Friday, January = 18, 2002=20 8:01 PM
Subject: Re: Re:ELTE = (was=20 [CANSLIM] Katherine-Opinion please?]

Thanks a lot for the chart analysis. The = low=20 volume during the new high to $13.50, and the high volume/no = progress days on 1/10, 1/11, and 1/15 were the things that = concerned=20 me. I convinced myself that the low-volume high was just a = case of=20 'too much, too fast' off the $5 October low. The recent high = volume/no movement days are what concern = me.
 
There shouldn't be much concern with = P/E. The=20 company claimed that Q4 2001, and Q1 2002 were already = filled with=20 existing backlog, and I figure that a minimum of $0.16 per Q = is easy=20 - so 4 months from now, the ttm EPS will be at least $0.70 = if not=20 more, and the P/E at current levels would be under 20. Given = their=20 industry group and recent growth rate, a much higher price = could=20 easily be supported. But I would like to see more signs of = volume=20 accumulation here.
 
After the next earnings report the IBD = EPS ranking=20 should go over 85, and the RS is over 90 already, so it = should start=20 appearing on IBD radar screens for the first time - = including the=20 weekend review. Perhaps it will be a month or so before the = next=20 clear direction becomes visible.
 
Thanks again,
 
Ian
 
 
 
----- Original Message -----
From:=20 Katherine Malm =
To: canslim@lists.xmission.com= =20
Sent: Friday, = January 18,=20 2002 3:36 PM
Subject: Re:ELTE = (was=20 [CANSLIM] Katherine-Opinion please?]

Hi Ian,
 
Your question has me wondering whether the sell rules = that I=20 follow translate perfectly to thinly traded stocks. But = I'll tell=20 you what I see and the way I would read it if I were to = own=20 it:
 
-After the B/O at 7.13, stock moves up and = consolidates for=20 about 5 weeks. This is a "valid" consolidation so that = makes the=20 previous base low 8.01 which was printed on = 11/23/01.
-Just as a quick check for "overextension" that means = that=20 the stock is 70% above the 200dMA (7.02), 15% above the = 50dMA=20 (10.43) and 49.6% above the base low (8.01). It gets a = yellow flag=20 for being 70% above the 200dMA according to WON's sell = rule #34,=20 but does not get a red flag for the Rubberband Sell = Rule.
-After the consolidation and breakout 12/18 the stock = has=20 started to show signs of stress. This could easily be = market=20 related, but no way to tell.
-1/2/02: New high on low volume. Red flag.
-1/10/02 & 1/11/02- two days with little or no = price=20 progress on high volume. Red flag.
-With 1 yellow and 2 red flags I thought it worth = doing a PE=20 Extension check. I've reconstructed the PE at the time of = the B/O=20 in October using trailing EPS numbers for the prior = quarters. That=20 puts it at $7.13/$.29 =3D 24.59. The extension warning = would then be=20 a forward PE of 24.59*2.21=3D 54.3. Let's see. DGO doesn't = have any=20 estimates, which means it isn't followed by enough = analysts. I=20 checked the internet to see if I could find anything and = ran=20 across this EPS/Rev snapshot:
 
http://yahoo.marketguide.com/MGI= /mg.asp?target=3D/stocks/companyinformation/highlights&Ticker=3DELTE<= /A>
 
I am alarmed by the essentially flat revenues over = the last 4=20 years, so I am going to go with the EPS estimates in my = VectorVest=20 software which reads a measly $.02. That puts the current = forward=20 looking PE at $11.98/$0.02 =3D 599! I'll have to mark that = Red=20 Flag.
 
One note is that its industry is fairly healthy,=20 consolidating after rising, not overly extended and = currently=20 ranked in the 2nd quartile.
 
I'll let you take it from there!
 
Katherine
----- Original Message = -----=20
From:=20 Ian=20
To: canslim@lists.xmission.com= =20
Sent: Friday, = January 18,=20 2002 4:40 PM
Subject: = [CANSLIM]=20 Katherine - Opinion please?

Would tuesdays distribution day for = ELTE make=20 you exit the stock at this point? Do you have any other = insights=20 into the chart?
 
I would appreciate your analysis - = it is the=20 one big recent winner I am wondering what to do with. = Based on=20 all of my past experiences, and knowing the companies = outlook,=20 my gut tells me that it needs to consolidate = here, but will=20 run into the $20's by mid-year. But I'd rather listen to = the=20 chart. I fear I've held it long enough that I may be=20 complacent.
 
Thank you.
 
Ian
------=_NextPart_000_006E_01C1A140.3CE983C0-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: Re:ELTE (was [CANSLIM] Katherine-Opinion please?] Date: 20 Jan 2002 06:53:54 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_0015_01C1A17F.398AA2B0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Katherine, Under GAAP, wouldn't software development costs be written off: a) upon abandonment of the project (written off in full) or b) capitalized and amortized as the software begins to be marketed (in = which case it would be written off over the projected sales life of the = software). If the software was still under development as of the end of Q3, and was = still a viable project going forward, it would seem to me to be too = early to begin to put it on the books aside from the salaries and other = labor costs already being counted elsewhere in the expenses. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Sunday, January 20, 2002 12:23 AM Subject: Re: Re:ELTE (was [CANSLIM] Katherine-Opinion please?] Thanks for clearing this up Ian. Things like this can't be "seen" in = the records available online. Just goes to show that with a microcap = such as this, due diligence needs to be deep enough to uncover these = clues. (And conversely, the same would hold for uncovering rats in the = attic for other microcaps!) Have you made a decision as to whether to "sell on the technicals" or = will you wait for the next earnings announcement and conference call? The estimates I am using are from my VectorVest software. If there are = no analysts covering, they use past EPS and "significant developments" = to make a forward estimate. As I don't generally follow microcaps, I'm = not sure how reliable these numbers are. When I wrote my note yesterday, = that's why I looked at the historical Rev/EPS numbers myself before = taking their low forward EPS number at face value. One thing I did note in the financials from last quarter is that they = have not been writing off some of their software development costs this = year. From the 10Q 11/14/01: Research and development expenses for this year's third quarter of = $1.7 million (or 9.4% of revenue) increased slightly from $1.6 million = (or 12.5% of revenue) in 2000. Such expenses for the first nine months = of 2001 totaled $5.0 million (or 10.0% of revenue) compared to $4.4 = million (or 11.0% of revenue) for the first nine months of the prior = year. Research and development expenses consist primarily of salaries = and expenses of the Company's research and development personnel and = outside consultants. The higher expenses in 2001 over the same period = last year reflect costs for work to design and develop certain products = to support the Company's expansion into new Professional Services = Automation markets, partially offset by reduced expenses for Elite.com. = Research and development expenses exclude internally developed software = costs that were capitalized totaling approximately $320,000 for the = third quarter and approximately $900,000 for the first nine months of = 2001. No software development costs were capitalized in 2000.=20 The increased R&D effort for EIS is expected to continue through 2001 = as the Company completes development of its new product lines. The = Company is committed to maintaining strong research and development = efforts so it can continue to provide innovative software solutions as = the needs of its customer base and target markets change.=20 Something like this would certainly make 2001 EPS numbers "look" = better when comparing QoQ or YoY. Katherine ----- Original Message -----=20 From: Ian=20 To: canslim@lists.xmission.com=20 Sent: Saturday, January 19, 2002 11:16 PM Subject: Re: Re:ELTE (was [CANSLIM] Katherine-Opinion please?] Katherine: I have listened to the last 2 conference calls, and management = paints a very different picture. The acquisition from last year has been = negligible to overall revenues, and has not contributed to earnings yet. = Rather, the fact that they are in a new product cycle, expanding = internationally, and are moving into new verticals, has been given as = their reason for the recent growth. Moreover, they claimed last Q that = existing backlog should make Q4 2001 and Q1 2002 comparable with the = last 2 quarters. They also seemed confident that their customer base and = recurring revenue stream had finally reached a "critical mass" that = would ensure continuing growth. They weren't sure what exact growth rate = they would have, but they were confident growth would continue. Finally, they were confident that the Law Manager acquisition from = last year was finally about to contribute meaningfully to earnings. In the face of this, it strikes me as odd that there would still be = an active covering analyst with such low estimates. Maybe that means = that the next earnings report (rumored to be on Feb. 11) will be the one = that either breaks them, or sends them to a new level as they finally = have a share price over $10 and a market cap over $100,000,000. We'll = see. Ian ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Saturday, January 19, 2002 6:48 AM Subject: Re: Re:ELTE (was [CANSLIM] Katherine-Opinion please?] Hi Tom This is what I don't get, and I'm not trying to be = objectionable, just trying to find out how you'd get $.16/quarter given = the company's history. When I look at this, I see OK growth in revenues, = but the company continuously has good and bad quarters. I noticed in the = 10Q that they capitalize software development and then write it off in = chunks every so often (not uncommon) and it's possible that these = negative quarters every so often are related to that. I'm guessing if I = were to dig further into the financials I would get to know them better. = I know that they did an acquisition in 2000, and I'd assume that the = growth in EPS would be related. I look at Sept/Oct 99 and see really = nice quarters just like the last two we've seen recently, but they are = then followed by negative or so-so quarters. That raises red flags and = would lead me to question whether the growth pattern shown recently can = be projected into the future. Katherine GROWTH RATES=20 1 Year 3 Years 5 Years=20 Sales % -11.70 15.54 -14.53=20 EPS % NM NM NM=20 Dividend % NM NM NM=20 REVENUE=20 Quarters 1998 1999 2000 2001=20 MAR 8,343 12,988 13,334 14,295=20 JUN 10,850 15,401 13,741 17,392=20 SEP 12,385 15,381 12,858 18,516=20 DEC 13,484 15,496 12,399 =20 =20 Totals 45,062 59,266 52,332 50,203=20 Note: Units in Thousands of U.S. Dollars=20 =20 =20 EARNINGS PER SHARE=20 Quarters 1998 1999 2000 2001=20 MAR -0.070 0.010 0.050 -0.040=20 JUN -0.060 0.080 0.010 0.160=20 SEP 0.020 0.140 -0.020 0.230=20 DEC -0.030 0.210 -0.060 =20 =20 Totals -0.140 0.440 -0.020 0.350=20 Note: Units in U.S. Dollars=20 =20 ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Saturday, January 19, 2002 8:27 AM Subject: Re: Re:ELTE (was [CANSLIM] Katherine-Opinion please?] Hi Katherine, I see 16 cents as easy based on the last 4 sequential quarters = (last two were 16 and 23 cents). Sales appear to be accelerating thru = Q3, so even a moderate slowdown in acceleration should still leave them = well over 16 cents/qtr. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Saturday, January 19, 2002 9:09 AM Subject: Re: Re:ELTE (was [CANSLIM] Katherine-Opinion please?] Tom, Ian Just curious...where do you get $.16/Q EPS estimates? I took a = *very* quick glance at the last 10Q, are you basing this on the = acquisition in 2000? Katherine ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Saturday, January 19, 2002 12:25 AM Subject: Re: Re:ELTE (was [CANSLIM] Katherine-Opinion = please?] I agree, Ian. My second trip on this stock has nearly made = up the loss from the first voyage. Looks more promising now than the = first time I tried it. Sequential growth particularly impressive. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Ian=20 To: canslim@lists.xmission.com=20 Sent: Friday, January 18, 2002 8:01 PM Subject: Re: Re:ELTE (was [CANSLIM] Katherine-Opinion = please?] Thanks a lot for the chart analysis. The low volume during = the new high to $13.50, and the high volume/no progress days on 1/10, = 1/11, and 1/15 were the things that concerned me. I convinced myself = that the low-volume high was just a case of 'too much, too fast' off the = $5 October low. The recent high volume/no movement days are what concern = me. There shouldn't be much concern with P/E. The company = claimed that Q4 2001, and Q1 2002 were already filled with existing = backlog, and I figure that a minimum of $0.16 per Q is easy - so 4 = months from now, the ttm EPS will be at least $0.70 if not more, and the = P/E at current levels would be under 20. Given their industry group and = recent growth rate, a much higher price could easily be supported. But I = would like to see more signs of volume accumulation here.=20 After the next earnings report the IBD EPS ranking should = go over 85, and the RS is over 90 already, so it should start appearing = on IBD radar screens for the first time - including the weekend review. = Perhaps it will be a month or so before the next clear direction becomes = visible. Thanks again, Ian ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Friday, January 18, 2002 3:36 PM Subject: Re:ELTE (was [CANSLIM] Katherine-Opinion = please?] Hi Ian, Your question has me wondering whether the sell rules = that I follow translate perfectly to thinly traded stocks. But I'll tell = you what I see and the way I would read it if I were to own it: -After the B/O at 7.13, stock moves up and consolidates = for about 5 weeks. This is a "valid" consolidation so that makes the = previous base low 8.01 which was printed on 11/23/01. -Just as a quick check for "overextension" that means = that the stock is 70% above the 200dMA (7.02), 15% above the 50dMA = (10.43) and 49.6% above the base low (8.01). It gets a yellow flag for = being 70% above the 200dMA according to WON's sell rule #34, but does = not get a red flag for the Rubberband Sell Rule. -After the consolidation and breakout 12/18 the stock = has started to show signs of stress. This could easily be market = related, but no way to tell. -1/2/02: New high on low volume. Red flag. -1/10/02 & 1/11/02- two days with little or no price = progress on high volume. Red flag. -With 1 yellow and 2 red flags I thought it worth doing = a PE Extension check. I've reconstructed the PE at the time of the B/O = in October using trailing EPS numbers for the prior quarters. That puts = it at $7.13/$.29 =3D 24.59. The extension warning would then be a = forward PE of 24.59*2.21=3D 54.3. Let's see. DGO doesn't have any = estimates, which means it isn't followed by enough analysts. I checked = the internet to see if I could find anything and ran across this EPS/Rev = snapshot: = http://yahoo.marketguide.com/MGI/mg.asp?target=3D/stocks/companyinformati= on/highlights&Ticker=3DELTE I am alarmed by the essentially flat revenues over the = last 4 years, so I am going to go with the EPS estimates in my = VectorVest software which reads a measly $.02. That puts the current = forward looking PE at $11.98/$0.02 =3D 599! I'll have to mark that Red = Flag. One note is that its industry is fairly healthy, = consolidating after rising, not overly extended and currently ranked in = the 2nd quartile. I'll let you take it from there! Katherine ----- Original Message -----=20 From: Ian=20 To: canslim@lists.xmission.com=20 Sent: Friday, January 18, 2002 4:40 PM Subject: [CANSLIM] Katherine - Opinion please? Would tuesdays distribution day for ELTE make you exit = the stock at this point? Do you have any other insights into the chart? I would appreciate your analysis - it is the one big = recent winner I am wondering what to do with. Based on all of my past = experiences, and knowing the companies outlook, my gut tells me that it = needs to consolidate here, but will run into the $20's by mid-year. But = I'd rather listen to the chart. I fear I've held it long enough that I = may be complacent. Thank you. Ian ------=_NextPart_000_0015_01C1A17F.398AA2B0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Katherine,
 
Under GAAP, wouldn't software development costs = be written=20 off:
 
a) upon abandonment of the project (written off = in=20 full)
or
b) capitalized and amortized as the software = begins to be=20 marketed (in which case it would be written off over the projected sales = life of=20 the software).
 
If the software was still under development as = of the end=20 of Q3, and was still a viable project going forward, it would seem to me = to be=20 too early to begin to put it on the books aside from the salaries and = other=20 labor costs already being counted elsewhere in the = expenses.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Katherine=20 Malm
Sent: Sunday, January 20, 2002 = 12:23=20 AM
Subject: Re: Re:ELTE (was = [CANSLIM]=20 Katherine-Opinion please?]

Thanks for clearing this up Ian. Things like this can't be "seen" = in the=20 records available online. Just goes to show that with a microcap such = as this,=20 due diligence needs to be deep enough to uncover these clues. (And = conversely,=20 the same would hold for uncovering rats in the attic for other=20 microcaps!)
 
Have you made a decision as to whether to "sell on the = technicals" or=20 will you wait for the next earnings announcement and conference = call?
 
The estimates I am using are from my VectorVest software. If = there are no=20 analysts covering, they use past EPS and "significant developments" to = make a=20 forward estimate. As I don't generally follow microcaps, I'm not sure = how=20 reliable these numbers are. When I wrote my note yesterday, that's why = I=20 looked at the historical Rev/EPS numbers myself before taking their = low=20 forward EPS number at face value.
 
One thing I did note in the financials from last quarter is that = they=20 have not been writing off some of their software development costs = this year.=20 From the 10Q 11/14/01:

Research and development expenses for this year=92s = third=20 quarter of $1.7 million (or 9.4% of revenue) increased slightly = from=20 $1.6 million (or 12.5% of revenue) in 2000. Such expenses for the = first=20 nine months of 2001 totaled $5.0 million (or 10.0% of revenue) = compared=20 to $4.4 million (or 11.0% of revenue) for the first nine months = of the=20 prior year. Research and development expenses consist primarily of = salaries=20 and expenses of the Company=92s research and development personnel and = outside=20 consultants. The higher expenses in 2001 over = the same=20 period last year reflect costs for work to design and develop certain = products=20 to support the Company=92s expansion into new Professional Services = Automation=20 markets, partially offset by reduced expenses for Elite.com. Research = and=20 development expenses exclude internally developed software costs that = were=20 capitalized totaling approximately $320,000 for the third quarter and=20 approximately $900,000 for the first nine months of 2001. No software=20 development costs were capitalized in 2000.

The increased R&D effort for EIS is expected to = continue=20 through 2001 as the Company completes development of its new product = lines.=20 The Company is committed to maintaining strong research and = development=20 efforts so it can continue to provide innovative software solutions as = the=20 needs of its customer base and target markets change.

Something like this would certainly make 2001 EPS numbers "look" = better=20 when comparing QoQ or YoY.

Katherine
----- Original Message -----
From:=20 Ian =
Sent: Saturday, January 19, = 2002 11:16=20 PM
Subject: Re: Re:ELTE (was = [CANSLIM]=20 Katherine-Opinion please?]

Katherine:
 
I have listened to the last 2 conference calls, = and=20 management paints a very different picture. The acquisition from = last year=20 has been negligible to overall revenues, and has not contributed to = earnings=20 yet. Rather, the fact that they are in a new product cycle, = expanding=20 internationally, and are moving into new verticals, has been given = as their=20 reason for the recent growth. Moreover, they claimed last Q that = existing=20 backlog should make Q4 2001 and Q1 2002 comparable with the last 2 = quarters.=20 They also seemed confident that their customer base and recurring = revenue=20 stream had finally reached a "critical mass" that would ensure = continuing=20 growth. They weren't sure what exact growth rate they would have, = but they=20 were confident growth would continue.
 
Finally, they were confident that the Law = Manager=20 acquisition from last year was finally about to contribute = meaningfully to=20 earnings.
 
In the face of this, it strikes me as odd that = there would=20 still be an active covering analyst with such low estimates. Maybe = that=20 means that the next earnings report (rumored to be on Feb. 11) will = be the=20 one that either breaks them, or sends them to a new level as they = finally=20 have a share price over $10 and a market cap over $100,000,000. = We'll=20 see.
 
Ian
 
 
----- Original Message ----- =
From:=20 Katherine=20 Malm
To: canslim@lists.xmission.com= =20
Sent: Saturday, January 19, = 2002 6:48=20 AM
Subject: Re: Re:ELTE (was = [CANSLIM]=20 Katherine-Opinion please?]

Hi Tom
 
This is what I don't get, and I'm not = trying to be=20 objectionable, just trying to find out how you'd get = $.16/quarter=20 given the company's history. When I look at this, I see OK = growth in=20 revenues, but the company continuously has good and bad = quarters. I=20 noticed in the 10Q that they capitalize software development = and=20 then write it off in chunks every so often (not = uncommon) and=20 it's possible that these negative quarters every so often = are=20 related to that. I'm guessing if I were to dig further into = the=20 financials I would get to know them better. I know that they = did an=20 acquisition in 2000, and I'd assume that the growth in EPS = would be=20 related. I look at Sept/Oct 99 and see really nice quarters = just=20 like the last two we've seen recently, but they are then = followed by=20 negative or so-so quarters. That raises red flags and would = lead me=20 to question whether the growth pattern shown recently can be = projected into the future.
 
Katherine
 
GROWTH RATES
1 Year 3 Years 5 Years
Sales % -11.70 15.54 -14.53
EPS % NM NM NM
Dividend % NM NM NM

REVENUE
Quarters 1998 1999 2000 2001
MAR 8,343 12,988 13,334 14,295
JUN 10,850 15,401 13,741 17,392
SEP 12,385 15,381 12,858 18,516
DEC 13,484 15,496 12,399
Totals 45,062 59,266 52,332 50,203
Note:  Units in Thousands = of U.S.=20 Dollars
 
EARNINGS PER=20 SHARE
Quarters 1998 1999 2000 2001
MAR -0.070 0.010 0.050 -0.040
JUN -0.060 0.080 0.010 0.160
SEP 0.020 0.140 -0.020 0.230
DEC -0.030 0.210 -0.060
Totals -0.140 0.440 -0.020 0.350
Note:  Units in U.S.=20 = Dollars
----- Original Message ----- =
From:=20 Tom=20 Worley
To: canslim@lists.xmission.com= =20
Sent: Saturday, January = 19, 2002=20 8:27 AM
Subject: Re: Re:ELTE (was = [CANSLIM]=20 Katherine-Opinion please?]

Hi Katherine,
 
I see 16 cents as easy based on the last = 4=20 sequential quarters (last two were 16 and 23 cents). Sales = appear to be=20 accelerating thru Q3, so even a moderate slowdown in = acceleration should=20 still leave them well over 16 cents/qtr.
 
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message ----- =
From:=20 Katherine Malm
To: canslim@lists.xmission.com= =20
Sent: Saturday, January = 19, 2002=20 9:09 AM
Subject: Re: Re:ELTE = (was=20 [CANSLIM] Katherine-Opinion please?]

Tom, Ian
 
Just curious...where do you get $.16/Q EPS estimates? I = took a=20 *very* quick glance at the last 10Q, are you basing this on = the=20 acquisition in 2000?
 
Katherine
----- Original Message ----- =
From:=20 Tom=20 Worley
To: canslim@lists.xmission.com= =20
Sent: Saturday, = January 19,=20 2002 12:25 AM
Subject: Re: Re:ELTE = (was=20 [CANSLIM] Katherine-Opinion please?]

I agree, Ian. My second trip on this = stock has=20 nearly made up the loss from the first voyage. Looks more = promising=20 now than the first time I tried it. Sequential growth = particularly=20 impressive.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message = -----
From:=20 Ian=20
To: canslim@lists.xmission.com= =20
Sent: Friday, = January 18,=20 2002 8:01 PM
Subject: Re: = Re:ELTE (was=20 [CANSLIM] Katherine-Opinion please?]

Thanks a lot for the chart analysis. = The low=20 volume during the new high to $13.50, and the high = volume/no=20 progress days on 1/10, 1/11, and 1/15 were the things that = concerned me. I convinced myself that the low-volume high = was just=20 a case of 'too much, too fast' off the $5 October low. The = recent=20 high volume/no movement days are what concern=20 me.
 
There shouldn't be much concern with = P/E. The=20 company claimed that Q4 2001, and Q1 2002 were already = filled with=20 existing backlog, and I figure that a minimum of $0.16 per = Q is=20 easy - so 4 months from now, the ttm EPS will be at least = $0.70 if=20 not more, and the P/E at current levels would be under 20. = Given=20 their industry group and recent growth rate, a much higher = price=20 could easily be supported. But I would like to see more = signs of=20 volume accumulation here.
 
After the next earnings report the IBD = EPS=20 ranking should go over 85, and the RS is over 90 already, = so it=20 should start appearing on IBD radar screens for the first = time -=20 including the weekend review. Perhaps it will be a month = or so=20 before the next clear direction becomes = visible.
 
Thanks again,
 
Ian
 
 
 
----- Original Message -----
From:=20 Katherine Malm =
To: canslim@lists.xmission.com= =20
Sent: Friday, = January 18,=20 2002 3:36 PM
Subject: Re:ELTE = (was=20 [CANSLIM] Katherine-Opinion please?]

Hi Ian,
 
Your question has me wondering whether the sell = rules that=20 I follow translate perfectly to thinly traded stocks. = But I'll=20 tell you what I see and the way I would read it if I = were to own=20 it:
 
-After the B/O at 7.13, stock moves up and = consolidates for=20 about 5 weeks. This is a "valid" consolidation so that = makes the=20 previous base low 8.01 which was printed on = 11/23/01.
-Just as a quick check for "overextension" that = means that=20 the stock is 70% above the 200dMA (7.02), 15% above the = 50dMA=20 (10.43) and 49.6% above the base low (8.01). It gets a = yellow=20 flag for being 70% above the 200dMA according to WON's = sell rule=20 #34, but does not get a red flag for the Rubberband Sell = Rule.
-After the consolidation and breakout 12/18 the = stock has=20 started to show signs of stress. This could easily be = market=20 related, but no way to tell.
-1/2/02: New high on low volume. Red flag.
-1/10/02 & 1/11/02- two days with little or no = price=20 progress on high volume. Red flag.
-With 1 yellow and 2 red flags I thought it worth = doing a=20 PE Extension check. I've reconstructed the PE at the = time of the=20 B/O in October using trailing EPS numbers for the prior=20 quarters. That puts it at $7.13/$.29 =3D 24.59. The = extension=20 warning would then be a forward PE of 24.59*2.21=3D = 54.3. Let's=20 see. DGO doesn't have any estimates, which means it = isn't=20 followed by enough analysts. I checked the internet to = see if I=20 could find anything and ran across this EPS/Rev = snapshot:
 
http://yahoo.marketguide.com/MGI= /mg.asp?target=3D/stocks/companyinformation/highlights&Ticker=3DELTE<= /A>
 
I am alarmed by the essentially flat revenues over = the last=20 4 years, so I am going to go with the EPS estimates in = my=20 VectorVest software which reads a measly $.02. That puts = the=20 current forward looking PE at $11.98/$0.02 =3D 599! I'll = have to=20 mark that Red Flag.
 
One note is that its industry is fairly healthy,=20 consolidating after rising, not overly extended and = currently ranked in the 2nd quartile.
 
I'll let you take it from there!
 
Katherine
----- Original Message = -----=20
From:=20 Ian=20
To: canslim@lists.xmission.com= =20
Sent: Friday, = January 18,=20 2002 4:40 PM
Subject: = [CANSLIM]=20 Katherine - Opinion please?

Would tuesdays distribution day = for ELTE=20 make you exit the stock at this point? Do you have any = other=20 insights into the chart?
 
I would appreciate your analysis - = it is the=20 one big recent winner I am wondering what to do with. = Based on=20 all of my past experiences, and knowing the companies = outlook,=20 my gut tells me that it needs to consolidate = here, but=20 will run into the $20's by mid-year. But I'd rather = listen to=20 the chart. I fear I've held it long enough that I may = be=20 complacent.
 
Thank you.
 
Ian
------=_NextPart_000_0015_01C1A17F.398AA2B0-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: AW: [CANSLIM] Arthur Andersen Date: 20 Jan 2002 07:03:52 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_001F_01C1A180.9E3A9610 Content-Type: multipart/alternative; boundary="----=_NextPart_001_0020_01C1A180.9E3A9610" ------=_NextPart_001_0020_01C1A180.9E3A9610 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable What Katherine left off is that each quarter (I think it's quarterly but = may be annual) the company is required to assess whether an asset = containing "goodwill" has been impaired. If so, they must mark it to = market. Done honestly, this could actually accelerate the write-off of = goodwill. But what company will do this willingly? It will take some = tough auditors to force the company to take this write down, and even = then it will probably be a negotiation between the company and the = auditors as to just how much the asset was "impaired". On the plus side, I have seen a number of companies taking this impaired = write down in financial reports over the past six months. Not all = companies are yet reporting this way, some are still using the = traditional way of amortizing goodwill. But most will convert to it, as = it gives them more flexibility, and can boost their reported earnings. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Saturday, January 19, 2002 10:29 PM Subject: Re: AW: [CANSLIM] Arthur Andersen jans, The accounting changes have to do with the way goodwill is handled on = the books. Companies will no longer be required to write it off over = time, meaning EPS will be higher as a result. Most companies report = pro-forma numbers anyway, essentially deleting the "one time" or = "extraordinary" charges such as write down of goodwill. The problem with = goodwill is that it is the excess paid over the "value" of a purchase, = so companies will be required to write it down only if the "value = changes." (Hah...now *there's* an entire inerpretive consulting practice = right there!) When goodwill was originally conceived it was a way to = show something of value that couldn't be calculated in book value, etc. = For example, if I bought Coca-Cola, the value of its net assets might be = $100, but I might pay $200 for it. The excess could be perceived as = "brand value" which of course, can't really be quantified in a true = accounting sense. Unfortunately, when companies overpay for acquisitions = with inflated stock, things get really ugly. Good example would be a = company like JDSU which purchased ETEK and SDLI at the height of the = bubble.=20 Katherine Here's an explanatory article: Unreliable estimates =20 January 15, 2002: 2:39 p.m. ET New accounting rule muddies projections, may lead to seemingly = higher profits.=20 By Staff Writer Victoria Zunitch =20 =20 =20 =20 =20 =20 NEW YORK (CNN/Money) - Earnings estimates, one of Wall Street's = favorite prediction tools, may be unusually unreliable for at least the = next few months as a new accounting rule could make some companies' = profit growth appear higher than it actually is. The new rule, Financial Accounting Standards Board (FASB) rule = FAS 142, applies to all public companies as of January 1. It says that = goodwill, which companies book in some mergers and acquisitions, no = longer must be automatically amortized, or written down, over a maximum = of 40 years. Goodwill is the amount paid for a business that exceeds its = book value. Instead, companies will have to write down goodwill only if its = value decreases. Although some companies will have to take these = write-downs from time to time, which will reduce their earnings, = analysts say that most companies will benefit from the change and = overall earnings will be higher than in the past. Some say the new rule could make aggregate earnings for the = overall market appear as much as 5 to 10 percent higher. =20 =20 Comparing apples with apples Many analysts and companies still have not updated their 2002 = projections to reflect the new rule. What makes the problem more = serious, though, is that companies are not required to recalculate their = earnings for previous years in advance and this could give investors a = false impression of actual earnings growth through the years. "Everybody is in a pretty reasonable state of confusion," said = Charles Blood, director of financial markets and economic analysis at = Brown Brothers Harriman. Chuck Hill, director of research at earnings tracking firm First = Call, thinks companies might wait for each new quarter of 2002 to report = the correct comparison, or "pro forma," numbers for the corresponding = 2001 quarter. But it is unclear if and when multiple-year comparisons will be = provided. "FASB does a very good job at putting out their opinions and how = the accounting works, but not at the implementation," Hill said. FASB director of research and technical activities Timothy Lucas = said he believes that the Securities and Exchange Commission requires = multiple-year comparisons in corporate annual reports and that will, by = default, eventually take care of this problem. An SEC official, = contacted twice, was unable to confirm this as of press time. What is First Call doing? In an effort to dispel some of the confusion, First Call is = posting earnings estimates calculated under both methods and is urging = users of its service to be cautious. Hill is hoping that most first-quarter projections will be = recalculated to account for the new rule by the end of this month. Some industries have already taken the lead. The = merger-intensive financial and technology sectors are ahead of the game = and have begun providing their estimates based on the new rule. In fact, = FASB used a good deal of information from the banking industry when = working on the change. "Most of the major banks have already been giving the data = anyway, so comparability won't be a problem, because we already have the = data," said Ron Mandle, analyst at Sanford Bernstein. In other sectors of the market, analysts are still waiting for = companies to provide details before they prepare their new estimates. Saying that they'd rather get it right than fast, these analysts = are relying on the companies they cover to provide them with guidance = and do the arithmetic. "I didn't want to go ahead and speculate only to have to adjust = because I didn't get the classifications right," said Michael Harris, a = Deutsche Banc analyst who follows Caterpillar (CAT: down $0.59 to = $49.90, Research, Estimates). Todd A. Hinrichs, who follows Caterpillar for ABN Amro and also = is waiting for company guidance, says the issue isn't that much of a = problem for his clients because they're institutional investors who = understand the change. But he and others concede that individual investors, in = particular those who pick their own stocks using analysts' estimates, = probably will be confused. Coping with uncertainty Even Wall Street's top strategists are guessing when they = compare earnings expectations to previous years. Strategists use the = coming year's projected earnings to make predictions and judgments about = the market. They base some of their work on how much earnings have = grown, or not grown, from previous years. But without proper comparison numbers from past years, = projecting future growth or even analyzing current growth will involve = more guesswork than usual. Wall Street has been through this before with = other accounting changes, so the professionals have established coping = methods. For example, at Brown Brothers Harriman, Blood expects to = prepare two sets of earnings projections because of the new rule. But to a certain degree, the market is stuck with precisely what = it hates most: uncertainty. "What you have to accept is that we won't get very precise = numbers until we have everything sorted out," says Subodh Kumar, chief = investment strategist at CIBC World Markets=20 ----- Original Message -----=20 From: Spencer48@aol.com=20 To: canslim@lists.xmission.com=20 Sent: Saturday, January 19, 2002 9:16 PM Subject: Re: AW: [CANSLIM] Arthur Andersen Dave, Andreas and Tom: Andreas: How can cash-flow be below EPS, since in order to = derive=20 cash-flow you must add non-cash expenses (like amortization expense, = and-possibly (see next paragraph as to why I am uncertain)-good-will = expense) On Wednesday or Thursday's CNBC show with Lawerence Kudlow at = 11PM EST,=20 the show revolved around the Enron scandal. I thought I heard = mention that=20 the Supervisory Board relating to Accounting Practices was doing = away with=20 the balance sheet entry "Goodwill", but I thought it had already = been done=20 away with several years ago? =20 In any event, what baffles me is that just about everyone on = the=20 business news remarks on Enron's OFF BOOK ACCOUNTS, but I've heard = no one on=20 any of these shows lambast anyone at Enron (or Anderson=20 who-putatively-audited them) who decided to go with off-book = accounting. It=20 makes one wonder, how many public corporation have off-book entries? = It also=20 makes one wonder if DGO, WON and IBD recognize these entries as = legitimate-or=20 if they are even aware of them? I guess the bottom line is: How = accurate is=20 an off-book entry, and does it accurately and legally reflect the=20 corporation's profit/loss statement, or is it instead a gambit a = corporation=20 uses to circumvent investment law and SEC supervision?=20 jans=20 In a message dated 1/19/2002 8:02:27 PM Eastern Standard Time,=20 judgejimmy@web.de writes: << ts not only Anderson or Enron, its also laws that give the = possibiltiy to give EPS numbers that are so far away from the cash flow number, = that the EPS number does not represent "a true and fair view" of the = current=20 situation of the firm. You can not pay bills with EPS number, you only can = pay for personel and material if you generate enough cash flow to cover = your=20 costs and to reach a profit margin and to take care of investments in you = business. =20 A very good way to see quickly if the EPS Reporting is fair or not = --> =20 Check if the Cash Flow is above or at least equal to the EPS = numbers=20 reported. If it is even below, than its always good to be really critical ... =20 Cash Flow Price Ratio should be always below the PE Ratio. A good = sign is if the Cash Flow to Price Ratio is half the PE Ratio (thats my rule = of=20 thumb). =20 Even better, use free cash flow (the money that is not needed even = after=20 investments charged),=20 but this is not provided by any service I know ... =20 I always wondered, why the investment community does not pay = attention to=20 the differences between both numbers (PE and PCF Ratio). But as far I can tell, a low Price Cash flow Ratio, which is well = below the=20 PE Ratio is very seldem taken into account by the market and very seldem is = used as=20 "fuel" to price up the stock price. =20 So I only get really cautious if the PCF Ratio is not below the PE = Ratio. =20 But with Enron, I gues, even this would not have helped, due to the = fact=20 that they just reported wrong numbers... =20 See you =20 Andreas =20 =20 > -----Ursprungliche Nachricht----- > Von: Dave Cameron [SMTP:dfcameron@yahoo.com] > Gesendet am: Sunday, January 20, 2002 1:07 AM > An: canslim@lists.xmission.com > Betreff: [CANSLIM] Arthur Andersen >=20 >=20 > --- Tom Worley wrote: > Tom writes: >=20 > > Is it coincidence that Arthur Andersen is Enron's consultant / > > advisor / auditor, and was also doing some of the same for = Sunbeam? > > (some Sunbeam execs just settled a shareholder class action = lawsuit > > for $15 million so they can concentrate on defending themselves > > against fraud charges by the SEC). Sure, I'll pay you guys $15 > > really big ones, but, hey, I'm still not admitting I did = anything > > wrong with the company financial reports. Maybe we should be = buying > > shares in companies making shredders?? This is the third big > > financial scandal in recent years involving Andersen, and now > > leading to cries from Congress for governmental regulation of > > accounting firms. Great idea, let the politicians who rarely = can > > balance a budget, and invented the concept of off-book = accounting, > > regulate the accountants. >=20 > This makes me wonder how "good" the earnings figures we get = really > are. It seems logical that given the number of firms that Arthur > Andersen serves as the accountants/auditors, there have to be = more > out there that are fraudulent - and someone is benefiting. >=20 > Furthermore, is it likely this behavior is unique to just = Andersen? >=20 > I don't mean to sound like a conspiracy type; but it does give me = a > dose of cynicism that we have to be even more diligent in our > research. Enron was rarely, if ever, a CANSLIM stock, but the = lesson > is valuable nonetheless. >=20 > I suspect the Enron situation could change some legislation. = There > are some big name trustee types demanding an investigation. I = blame > Andersen more than Enron. Andersen is "supposed" to be = impartial; > hence the auditing requirements. > >> - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------=_NextPart_001_0020_01C1A180.9E3A9610 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
What Katherine left off is that each quarter (I = think it's=20 quarterly but may be annual) the company is required to assess whether = an asset=20 containing "goodwill" has been impaired. If so, they must mark it to = market.=20 Done honestly, this could actually accelerate the write-off of goodwill. = But=20 what company will do this willingly? It will take some tough auditors to = force=20 the company to take this write down, and even then it will probably be a = negotiation between the company and the auditors as to just how much the = asset=20 was "impaired".
 
On the plus side, I have seen a number of = companies taking=20 this impaired write down in financial reports over the past six months. = Not all=20 companies are yet reporting this way, some are still using the = traditional way=20 of amortizing goodwill. But most will convert to it, as it gives them = more=20 flexibility, and can boost their reported earnings.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Katherine=20 Malm
Sent: Saturday, January 19, = 2002 10:29=20 PM
Subject: Re: AW: [CANSLIM] = Arthur=20 Andersen

jans,
 
The accounting changes have to do with the way goodwill is = handled on the=20 books. Companies will no longer be required to write it off over time, = meaning=20 EPS will be higher as a result. Most companies report pro-forma = numbers=20 anyway, essentially deleting the "one time" or "extraordinary" charges = such as=20 write down of goodwill. The problem with goodwill is that it is the = excess=20 paid over the "value" of  a purchase, so companies will be = required to=20 write it down only if the "value changes." (Hah...now *there's* an = entire=20 inerpretive consulting practice right there!) When goodwill was = originally=20 conceived it was a way to show something of value that couldn't be = calculated=20 in book value, etc. For example, if I bought Coca-Cola, the value of = its net=20 assets might be $100, but I might pay $200 for it. The excess could be = perceived as "brand value" which of course, can't really be quantified = in a=20 true accounting sense. Unfortunately, when companies overpay for = acquisitions=20 with inflated stock, things get really ugly. Good example would be a = company=20 like JDSU which purchased ETEK and SDLI at the height of the bubble. =
 
Katherine
 
Here's an explanatory article:
 
Unreliable=20 estimates
3Dgraphic=20 January=20 15, 2002: 2:39 p.m. ET

New=20 accounting rule muddies projections, may lead to seemingly = higher=20 profits.
By Staff Writer = Victoria=20 Zunitch
3Dgraphic=20
3Dgraphic=20 3Dgraphic=20
3Dgraphic=20
NEW=20 YORK (CNN/Money) - Earnings estimates, one of Wall Street's = favorite=20 prediction tools, may be unusually unreliable for at least the = next few=20 months as a new accounting rule could make some companies' = profit growth=20 appear higher than it actually is.

The new rule, = Financial=20 Accounting Standards Board (FASB) rule FAS 142, applies to all = public=20 companies as of January 1. It says that goodwill, which = companies book=20 in some mergers and acquisitions, no longer must be = automatically=20 amortized, or written down, over a maximum of 40 years. Goodwill = is the=20 amount paid for a business that exceeds its book = value.

Instead,=20 companies will have to write down goodwill only if its value = decreases.=20 Although some companies will have to take these write-downs from = time to=20 time, which will reduce their earnings, analysts say that most = companies=20 will benefit from the change and overall earnings will be higher = than in=20 the past.

Some say the new rule could make aggregate = earnings for=20 the overall market appear as much as 5 to 10 percent = higher.

  3Dgraphic=20
Comparing apples with = apples

Many analysts and companies=20 still have not updated their 2002 projections to reflect the new = rule.=20 What makes the problem more serious, though, is that companies = are not=20 required to recalculate their earnings for previous years in = advance and=20 this could give investors a false impression of actual earnings = growth=20 through the years.

"Everybody is in a pretty reasonable = state of=20 confusion," said Charles Blood, director of financial markets = and=20 economic analysis at Brown Brothers Harriman.

Chuck Hill, = director of research at earnings tracking firm First Call, = thinks=20 companies might wait for each new quarter of 2002 to report the = correct=20 comparison, or "pro forma," numbers  for the corresponding = 2001=20 quarter.

But it is unclear if and when multiple-year = comparisons=20 will be provided.

"FASB does a very good job at putting = out their=20 opinions and how the accounting works, but not at the = implementation,"=20 Hill said.

FASB director of research and technical = activities=20 Timothy Lucas said he believes that the Securities and Exchange=20 Commission requires multiple-year comparisons in corporate = annual=20 reports and that will, by default, eventually take care of this = problem.=20 An SEC official, contacted twice, was unable to confirm this as = of press=20 time.

What is First Call = doing?

In=20 an effort to dispel some of the confusion, First Call is posting = earnings estimates calculated under both methods and is urging = users of=20 its service to be cautious.

Hill is hoping that most=20 first-quarter projections will be recalculated to account for = the new=20 rule by the end of this month.

Some industries have = already taken=20 the lead. The merger-intensive financial and technology sectors = are=20 ahead of the game and have begun providing their estimates based = on the=20 new rule. In fact, FASB used a good deal of information from the = banking=20 industry when working on the change.

"Most of the major = banks=20 have already been giving the data anyway, so comparability won't = be a=20 problem, because we already have the data," said Ron Mandle, = analyst at=20 Sanford Bernstein.

In other sectors of the market, = analysts are=20 still waiting for companies to provide details before they = prepare their=20 new estimates.

Saying that they'd rather get it right = than fast,=20 these analysts are relying on the companies they cover to = provide them=20 with guidance and do the arithmetic.

"I didn't want to go = ahead=20 and speculate only to have to adjust because I didn't get the=20 classifications right," said Michael Harris, a Deutsche Banc = analyst who=20 follows Caterpillar = (CAT: = down $0.59=20 to $49.90, Re= search,=20 Estimates= ).

Todd=20 A. Hinrichs, who follows Caterpillar for ABN Amro and also is = waiting=20 for company guidance, says the issue isn't that much of a = problem for=20 his clients because they're institutional investors who = understand the=20 change.

But he and others concede that individual = investors, in=20 particular those who pick their own stocks using analysts' = estimates,=20 probably will be confused.

Coping with = uncertainty

Even=20 Wall Street's top strategists are guessing when they compare = earnings=20 expectations to previous years. Strategists use the coming = year's=20 projected earnings to make predictions and judgments about the = market.=20 They base some of their work on how much earnings have grown, or = not=20 grown, from previous years.

But without proper comparison = numbers=20 from past years, projecting future growth or even analyzing = current=20 growth will involve more guesswork than usual. Wall Street has = been=20 through this before with other accounting changes, so the = professionals=20 have established coping methods. For example, at Brown Brothers=20 Harriman, Blood expects to prepare two sets of earnings = projections=20 because of the new rule.

But to a certain degree, the = market is=20 stuck with precisely what it hates most: = uncertainty.

"What you=20 have to accept is that we won't get very precise numbers until = we have=20 everything sorted out," says Subodh Kumar, chief investment = strategist=20 at CIBC World Markets
----- Original Message -----
From:=20 Spencer48@aol.com
Sent: Saturday, January 19, = 2002 9:16=20 PM
Subject: Re: AW: [CANSLIM] = Arthur=20 Andersen

Dave, Andreas and = Tom:

    =20 Andreas: How can cash-flow be below EPS, since in order to derive=20
cash-flow you must add non-cash expenses (like amortization = expense,=20
and-possibly (see next paragraph as to why I am = uncertain)-good-will=20 expense)

     On Wednesday or Thursday's = CNBC=20 show with Lawerence Kudlow at 11PM EST,
the show revolved around = the=20 Enron scandal.  I thought I heard mention that
the = Supervisory=20 Board relating to Accounting Practices was doing away with
the = balance=20 sheet entry "Goodwill", but I thought it had already been done =
away with=20 several years ago? 

     In any = event, what=20 baffles me is that just about everyone on the
business news = remarks on=20 Enron's OFF BOOK ACCOUNTS, but I've heard no one on
any of these = shows=20 lambast anyone at Enron (or Anderson
who-putatively-audited = them) who=20 decided to go with off-book accounting.  It
makes one = wonder, how=20 many public corporation have off-book entries?  It also =
makes one=20 wonder if DGO, WON and IBD recognize these entries as legitimate-or =
if=20 they are even aware of them?  I guess the bottom line is:  = How=20 accurate is
an off-book entry, and does it accurately and = legally=20 reflect the
corporation's profit/loss statement, or is it = instead a=20 gambit a corporation
uses to circumvent investment law and SEC=20 supervision?

jans


In a message dated 1/19/2002 = 8:02:27=20 PM Eastern Standard Time,
judgejimmy@web.de=20 writes:

<< ts not only Anderson or Enron, its also laws = that=20 give the possibiltiy
 to give EPS numbers that are so far = away from=20 the cash flow number, that
 the EPS number does not = represent "a=20 true and fair view" of the current
situation
 of the = firm. You=20 can not pay bills with EPS number, you only can pay
 for = personel=20 and material if you generate enough cash flow to cover your=20
costs
 and to reach a profit margin and to take care of=20 investments in you business.
 
 A very good way to = see=20 quickly if the EPS Reporting is fair or not = -->
 
 Check=20 if the Cash Flow is above or at least equal to the EPS numbers=20
reported.
 If it is even below, than its always good to = be=20 really critical ...
 
 Cash Flow Price Ratio should = be=20 always below the PE Ratio. A good sign is
 if the Cash Flow = to Price=20 Ratio is half the PE Ratio (thats my rule of=20
thumb).
 
 Even better, use free cash flow (the = money=20 that is not needed even after
investments charged), =
 but this=20 is not provided by any service I know ...
 
 I = always=20 wondered, why the investment community does not pay attention to =
the=20 differences
 between both numbers (PE and PCF = Ratio).
 But=20 as far I can tell, a low Price Cash flow Ratio, which is well below = the=20
PE Ratio is
 very seldem taken into account by the = market and=20 very seldem is used as
"fuel" to
 price up the stock=20 price.
 
 So I only get really cautious if the PCF = Ratio is=20 not below the PE Ratio.
 
 But with Enron, I gues, = even this=20 would not have helped, due to the fact
that they just=20 reported
 wrong numbers...
 
 See=20 you
 
 Andreas
 
 
 >=20 -----Ursprungliche Nachricht-----
 > Von: Dave Cameron=20 [SMTP:dfcameron@yahoo.com]
 > Gesendet am: Sunday, = January 20,=20 2002 1:07 AM
 > An:  canslim@lists.xmission.com=
 >=20 Betreff: [CANSLIM] Arthur Andersen
 >
 >=20
 > --- Tom Worley <stkguru@netside.net>=20 wrote:
 > Tom writes:
 >
 > > = Is it=20 coincidence that Arthur Andersen is Enron's consultant = /
 > >=20 advisor / auditor, and was also doing some of the same for=20 Sunbeam?
 > > (some Sunbeam execs just settled a = shareholder=20 class action lawsuit
 > > for $15 million so they can=20 concentrate on defending themselves
 > > against fraud = charges=20 by the SEC). Sure, I'll pay you guys $15
 > > really = big ones,=20 but, hey, I'm still not admitting I did anything
 > > = wrong=20 with the company financial reports. Maybe we should be = buying
 >=20 > shares in companies making shredders?? This is the third=20 big
 > > financial scandal in recent years involving = Andersen,=20 and now
 > > leading to cries from Congress for = governmental=20 regulation of
 > > accounting firms. Great idea, let = the=20 politicians who rarely can
 > > balance a budget, and = invented=20 the concept of off-book accounting,
 > > regulate the=20 accountants.
 >
 > This makes me wonder how = "good"=20 the earnings figures we get really
 > are.  It seems = logical=20 that given the number of firms that Arthur
 > Andersen = serves as=20 the accountants/auditors, there have to be more
 > out = there that=20 are fraudulent - and someone is benefiting.
 > =
 >=20 Furthermore, is it likely this behavior is unique to just=20 Andersen?
 >
 > I don't mean to sound like a=20 conspiracy type; but it does give me a
 > dose of = cynicism that=20 we have to be even more diligent in our
 > = research.  Enron=20 was rarely, if ever, a CANSLIM stock, but the lesson
 > = is=20 valuable nonetheless.
 >
 > I suspect the = Enron=20 situation could change some legislation.   = There
 > are=20 some big name trustee types demanding an investigation.   = I=20 blame
 > Andersen more than Enron.    = Andersen is=20 "supposed" to be impartial;
 > hence the auditing=20 requirements.
 >  >>

-
-To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your = email.
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Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: Re:ELTE (was [CANSLIM] Katherine-Opinion please?] Date: 20 Jan 2002 06:56:03 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_0079_01C1A17F.86870A40 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Tom, Agreed, as noted in an earlier ELTE note. My main reason for bringing it = up was only as a comparison to 2000 and the resultant EPS. In a year = where about 20% of the software development cost has been capitalized vs = a year where it was written off, the YoY or QoQ EPS growth numbers are = going to look good. Katherine ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Sunday, January 20, 2002 5:53 AM Subject: Re: Re:ELTE (was [CANSLIM] Katherine-Opinion please?] Katherine, Under GAAP, wouldn't software development costs be written off: a) upon abandonment of the project (written off in full) or b) capitalized and amortized as the software begins to be marketed (in = which case it would be written off over the projected sales life of the = software). If the software was still under development as of the end of Q3, and = was still a viable project going forward, it would seem to me to be too = early to begin to put it on the books aside from the salaries and other = labor costs already being counted elsewhere in the expenses. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Sunday, January 20, 2002 12:23 AM Subject: Re: Re:ELTE (was [CANSLIM] Katherine-Opinion please?] Thanks for clearing this up Ian. Things like this can't be "seen" in = the records available online. Just goes to show that with a microcap = such as this, due diligence needs to be deep enough to uncover these = clues. (And conversely, the same would hold for uncovering rats in the = attic for other microcaps!) Have you made a decision as to whether to "sell on the technicals" = or will you wait for the next earnings announcement and conference call? The estimates I am using are from my VectorVest software. If there = are no analysts covering, they use past EPS and "significant = developments" to make a forward estimate. As I don't generally follow = microcaps, I'm not sure how reliable these numbers are. When I wrote my = note yesterday, that's why I looked at the historical Rev/EPS numbers = myself before taking their low forward EPS number at face value. One thing I did note in the financials from last quarter is that = they have not been writing off some of their software development costs = this year. From the 10Q 11/14/01: Research and development expenses for this year's third quarter of = $1.7 million (or 9.4% of revenue) increased slightly from $1.6 million = (or 12.5% of revenue) in 2000. Such expenses for the first nine months = of 2001 totaled $5.0 million (or 10.0% of revenue) compared to $4.4 = million (or 11.0% of revenue) for the first nine months of the prior = year. Research and development expenses consist primarily of salaries = and expenses of the Company's research and development personnel and = outside consultants. The higher expenses in 2001 over the same period = last year reflect costs for work to design and develop certain products = to support the Company's expansion into new Professional Services = Automation markets, partially offset by reduced expenses for Elite.com. = Research and development expenses exclude internally developed software = costs that were capitalized totaling approximately $320,000 for the = third quarter and approximately $900,000 for the first nine months of = 2001. No software development costs were capitalized in 2000.=20 The increased R&D effort for EIS is expected to continue through = 2001 as the Company completes development of its new product lines. The = Company is committed to maintaining strong research and development = efforts so it can continue to provide innovative software solutions as = the needs of its customer base and target markets change.=20 Something like this would certainly make 2001 EPS numbers "look" = better when comparing QoQ or YoY. Katherine ----- Original Message -----=20 From: Ian=20 To: canslim@lists.xmission.com=20 Sent: Saturday, January 19, 2002 11:16 PM Subject: Re: Re:ELTE (was [CANSLIM] Katherine-Opinion please?] Katherine: I have listened to the last 2 conference calls, and management = paints a very different picture. The acquisition from last year has been = negligible to overall revenues, and has not contributed to earnings yet. = Rather, the fact that they are in a new product cycle, expanding = internationally, and are moving into new verticals, has been given as = their reason for the recent growth. Moreover, they claimed last Q that = existing backlog should make Q4 2001 and Q1 2002 comparable with the = last 2 quarters. They also seemed confident that their customer base and = recurring revenue stream had finally reached a "critical mass" that = would ensure continuing growth. They weren't sure what exact growth rate = they would have, but they were confident growth would continue. Finally, they were confident that the Law Manager acquisition from = last year was finally about to contribute meaningfully to earnings. In the face of this, it strikes me as odd that there would still = be an active covering analyst with such low estimates. Maybe that means = that the next earnings report (rumored to be on Feb. 11) will be the one = that either breaks them, or sends them to a new level as they finally = have a share price over $10 and a market cap over $100,000,000. We'll = see. Ian ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Saturday, January 19, 2002 6:48 AM Subject: Re: Re:ELTE (was [CANSLIM] Katherine-Opinion please?] Hi Tom This is what I don't get, and I'm not trying to be = objectionable, just trying to find out how you'd get $.16/quarter given = the company's history. When I look at this, I see OK growth in revenues, = but the company continuously has good and bad quarters. I noticed in the = 10Q that they capitalize software development and then write it off in = chunks every so often (not uncommon) and it's possible that these = negative quarters every so often are related to that. I'm guessing if I = were to dig further into the financials I would get to know them better. = I know that they did an acquisition in 2000, and I'd assume that the = growth in EPS would be related. I look at Sept/Oct 99 and see really = nice quarters just like the last two we've seen recently, but they are = then followed by negative or so-so quarters. That raises red flags and = would lead me to question whether the growth pattern shown recently can = be projected into the future. Katherine GROWTH RATES=20 1 Year 3 Years 5 Years=20 Sales % -11.70 15.54 -14.53=20 EPS % NM NM NM=20 Dividend % NM NM NM=20 REVENUE=20 Quarters 1998 1999 2000 2001=20 MAR 8,343 12,988 13,334 14,295=20 JUN 10,850 15,401 13,741 17,392=20 SEP 12,385 15,381 12,858 18,516=20 DEC 13,484 15,496 12,399 =20 =20 Totals 45,062 59,266 52,332 50,203=20 Note: Units in Thousands of U.S. Dollars=20 =20 =20 EARNINGS PER SHARE=20 Quarters 1998 1999 2000 2001=20 MAR -0.070 0.010 0.050 -0.040=20 JUN -0.060 0.080 0.010 0.160=20 SEP 0.020 0.140 -0.020 0.230=20 DEC -0.030 0.210 -0.060 =20 =20 Totals -0.140 0.440 -0.020 0.350=20 Note: Units in U.S. Dollars=20 =20 ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Saturday, January 19, 2002 8:27 AM Subject: Re: Re:ELTE (was [CANSLIM] Katherine-Opinion please?] Hi Katherine, I see 16 cents as easy based on the last 4 sequential quarters = (last two were 16 and 23 cents). Sales appear to be accelerating thru = Q3, so even a moderate slowdown in acceleration should still leave them = well over 16 cents/qtr. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Saturday, January 19, 2002 9:09 AM Subject: Re: Re:ELTE (was [CANSLIM] Katherine-Opinion = please?] Tom, Ian Just curious...where do you get $.16/Q EPS estimates? I took = a *very* quick glance at the last 10Q, are you basing this on the = acquisition in 2000? Katherine ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Saturday, January 19, 2002 12:25 AM Subject: Re: Re:ELTE (was [CANSLIM] Katherine-Opinion = please?] I agree, Ian. My second trip on this stock has nearly made = up the loss from the first voyage. Looks more promising now than the = first time I tried it. Sequential growth particularly impressive. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Ian=20 To: canslim@lists.xmission.com=20 Sent: Friday, January 18, 2002 8:01 PM Subject: Re: Re:ELTE (was [CANSLIM] Katherine-Opinion = please?] Thanks a lot for the chart analysis. The low volume = during the new high to $13.50, and the high volume/no progress days on = 1/10, 1/11, and 1/15 were the things that concerned me. I convinced = myself that the low-volume high was just a case of 'too much, too fast' = off the $5 October low. The recent high volume/no movement days are what = concern me. There shouldn't be much concern with P/E. The company = claimed that Q4 2001, and Q1 2002 were already filled with existing = backlog, and I figure that a minimum of $0.16 per Q is easy - so 4 = months from now, the ttm EPS will be at least $0.70 if not more, and the = P/E at current levels would be under 20. Given their industry group and = recent growth rate, a much higher price could easily be supported. But I = would like to see more signs of volume accumulation here.=20 After the next earnings report the IBD EPS ranking = should go over 85, and the RS is over 90 already, so it should start = appearing on IBD radar screens for the first time - including the = weekend review. Perhaps it will be a month or so before the next clear = direction becomes visible. Thanks again, Ian ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Friday, January 18, 2002 3:36 PM Subject: Re:ELTE (was [CANSLIM] Katherine-Opinion = please?] Hi Ian, Your question has me wondering whether the sell rules = that I follow translate perfectly to thinly traded stocks. But I'll tell = you what I see and the way I would read it if I were to own it: -After the B/O at 7.13, stock moves up and = consolidates for about 5 weeks. This is a "valid" consolidation so that = makes the previous base low 8.01 which was printed on 11/23/01. -Just as a quick check for "overextension" that means = that the stock is 70% above the 200dMA (7.02), 15% above the 50dMA = (10.43) and 49.6% above the base low (8.01). It gets a yellow flag for = being 70% above the 200dMA according to WON's sell rule #34, but does = not get a red flag for the Rubberband Sell Rule. -After the consolidation and breakout 12/18 the stock = has started to show signs of stress. This could easily be market = related, but no way to tell. -1/2/02: New high on low volume. Red flag. -1/10/02 & 1/11/02- two days with little or no price = progress on high volume. Red flag. -With 1 yellow and 2 red flags I thought it worth = doing a PE Extension check. I've reconstructed the PE at the time of the = B/O in October using trailing EPS numbers for the prior quarters. That = puts it at $7.13/$.29 =3D 24.59. The extension warning would then be a = forward PE of 24.59*2.21=3D 54.3. Let's see. DGO doesn't have any = estimates, which means it isn't followed by enough analysts. I checked = the internet to see if I could find anything and ran across this EPS/Rev = snapshot: = http://yahoo.marketguide.com/MGI/mg.asp?target=3D/stocks/companyinformati= on/highlights&Ticker=3DELTE I am alarmed by the essentially flat revenues over the = last 4 years, so I am going to go with the EPS estimates in my = VectorVest software which reads a measly $.02. That puts the current = forward looking PE at $11.98/$0.02 =3D 599! I'll have to mark that Red = Flag. One note is that its industry is fairly healthy, = consolidating after rising, not overly extended and currently ranked in = the 2nd quartile. I'll let you take it from there! Katherine ----- Original Message -----=20 From: Ian=20 To: canslim@lists.xmission.com=20 Sent: Friday, January 18, 2002 4:40 PM Subject: [CANSLIM] Katherine - Opinion please? Would tuesdays distribution day for ELTE make you = exit the stock at this point? Do you have any other insights into the = chart? I would appreciate your analysis - it is the one big = recent winner I am wondering what to do with. Based on all of my past = experiences, and knowing the companies outlook, my gut tells me that it = needs to consolidate here, but will run into the $20's by mid-year. But = I'd rather listen to the chart. I fear I've held it long enough that I = may be complacent. Thank you. Ian ------=_NextPart_000_0079_01C1A17F.86870A40 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Tom,
 
Agreed, as noted in an earlier ELTE note. My main reason for = bringing it up=20 was only as a comparison to 2000 and the resultant EPS. In a year where = about=20 20% of the software development cost has been capitalized vs a year = where it was=20 written off, the YoY or QoQ EPS growth numbers are going to look = good.
 
Katherine
----- Original Message -----
From:=20 Tom = Worley=20
Sent: Sunday, January 20, 2002 = 5:53=20 AM
Subject: Re: Re:ELTE (was = [CANSLIM]=20 Katherine-Opinion please?]

Katherine,
 
Under GAAP, wouldn't software development = costs be=20 written off:
 
a) upon abandonment of the project (written = off in=20 full)
or
b) capitalized and amortized as the software = begins to=20 be marketed (in which case it would be written off over the projected = sales=20 life of the software).
 
If the software was still under development as = of the=20 end of Q3, and was still a viable project going forward, it would seem = to me=20 to be too early to begin to put it on the books aside from the = salaries and=20 other labor costs already being counted elsewhere in the=20 expenses.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Katherine=20 Malm
Sent: Sunday, January 20, = 2002 12:23=20 AM
Subject: Re: Re:ELTE (was = [CANSLIM]=20 Katherine-Opinion please?]

Thanks for clearing this up Ian. Things like this can't be = "seen" in=20 the records available online. Just goes to show that with a microcap = such as=20 this, due diligence needs to be deep enough to uncover these clues. = (And=20 conversely, the same would hold for uncovering rats in the attic for = other=20 microcaps!)
 
Have you made a decision as to whether to "sell on the = technicals" or=20 will you wait for the next earnings announcement and conference = call?
 
The estimates I am using are from my VectorVest software. If = there are=20 no analysts covering, they use past EPS and "significant = developments" to=20 make a forward estimate. As I don't generally follow microcaps, I'm = not sure=20 how reliable these numbers are. When I wrote my note yesterday, = that's why I=20 looked at the historical Rev/EPS numbers myself before taking their = low=20 forward EPS number at face value.
 
One thing I did note in the financials from last quarter is = that they=20 have not been writing off some of their software development costs = this=20 year. From the 10Q 11/14/01:

Research and development expenses for this = year’s third=20 quarter of $1.7 million (or 9.4% of revenue) increased slightly = from=20 $1.6 million (or 12.5% of revenue) in 2000. Such expenses for = the first=20 nine months of 2001 totaled $5.0 million (or 10.0% of revenue) = compared=20 to $4.4 million (or 11.0% of revenue) for the first nine months = of the=20 prior year. Research and development expenses consist primarily of = salaries=20 and expenses of the Company’s research and development = personnel and outside=20 consultants. The higher expenses in 2001 over = the same=20 period last year reflect costs for work to design and develop = certain=20 products to support the Company’s expansion into new = Professional Services=20 Automation markets, partially offset by reduced expenses for = Elite.com.=20 Research and development expenses exclude internally developed = software=20 costs that were capitalized totaling approximately $320,000 for the = third=20 quarter and approximately $900,000 for the first nine months of = 2001. No=20 software development costs were capitalized in 2000.

The increased R&D effort for EIS is expected = to continue=20 through 2001 as the Company completes development of its new product = lines.=20 The Company is committed to maintaining strong research and = development=20 efforts so it can continue to provide innovative software solutions = as the=20 needs of its customer base and target markets change.

Something like this would certainly make 2001 EPS numbers "look" = better=20 when comparing QoQ or YoY.

Katherine
----- Original Message ----- =
From:=20 Ian =
To: canslim@lists.xmission.com= =20
Sent: Saturday, January 19, = 2002=20 11:16 PM
Subject: Re: Re:ELTE (was = [CANSLIM]=20 Katherine-Opinion please?]

Katherine:
 
I have listened to the last 2 conference = calls, and=20 management paints a very different picture. The acquisition from = last year=20 has been negligible to overall revenues, and has not contributed = to=20 earnings yet. Rather, the fact that they are in a new product = cycle,=20 expanding internationally, and are moving into new verticals, has = been=20 given as their reason for the recent growth. Moreover, they = claimed last Q=20 that existing backlog should make Q4 2001 and Q1 2002 comparable = with the=20 last 2 quarters. They also seemed confident that their customer = base and=20 recurring revenue stream had finally reached a "critical mass" = that would=20 ensure continuing growth. They weren't sure what exact growth rate = they=20 would have, but they were confident growth would=20 continue.
 
Finally, they were confident that the Law = Manager=20 acquisition from last year was finally about to contribute = meaningfully to=20 earnings.
 
In the face of this, it strikes me as odd that = there=20 would still be an active covering analyst with such low estimates. = Maybe=20 that means that the next earnings report (rumored to be on Feb. = 11) will=20 be the one that either breaks them, or sends them to a new level = as they=20 finally have a share price over $10 and a market cap over = $100,000,000.=20 We'll see.
 
Ian
 
 
----- Original Message ----- =
From:=20 Katherine=20 Malm
To: canslim@lists.xmission.com= =20
Sent: Saturday, January = 19, 2002=20 6:48 AM
Subject: Re: Re:ELTE (was = [CANSLIM]=20 Katherine-Opinion please?]

Hi Tom
 
This is what I don't get, and I'm not = trying to be=20 objectionable, just trying to find out how you'd get = $.16/quarter=20 given the company's history. When I look at this, I see OK = growth=20 in revenues, but the company continuously has good and bad = quarters. I noticed in the 10Q that they capitalize = software=20 development and then write it off in chunks every so often = (not=20 uncommon) and it's possible that these negative = quarters=20 every so often are related to that. I'm guessing if I were = to dig=20 further into the financials I would get to know them = better. I=20 know that they did an acquisition in 2000, and I'd assume = that the=20 growth in EPS would be related. I look at Sept/Oct 99 and = see=20 really nice quarters just like the last two we've seen = recently,=20 but they are then followed by negative or so-so quarters. = That=20 raises red flags and would lead me to question whether the = growth=20 pattern shown recently can be projected into the = future.
 
Katherine
 
GROWTH RATES
1 Year 3 Years 5 = Years
Sales % -11.70 15.54 -14.53
EPS % NM NM NM
Dividend % NM NM NM

REVENUE
Quarters 1998 1999 2000 2001
MAR 8,343 12,988 13,334 14,295
JUN 10,850 15,401 13,741 17,392
SEP 12,385 15,381 12,858 18,516
DEC 13,484 15,496 12,399
Totals 45,062 59,266 52,332 50,203
Note:  Units in Thousands = of U.S.=20 Dollars
 
EARNINGS PER=20 SHARE
Quarters 1998 1999 2000 2001
MAR -0.070 0.010 0.050 -0.040
JUN -0.060 0.080 0.010 0.160
SEP 0.020 0.140 -0.020 0.230
DEC -0.030 0.210 -0.060
Totals -0.140 0.440 -0.020 0.350
Note:  Units in U.S.=20 = Dollars
----- Original Message ----- =
From:=20 Tom=20 Worley
To: canslim@lists.xmission.com= =20
Sent: Saturday, January = 19, 2002=20 8:27 AM
Subject: Re: Re:ELTE = (was=20 [CANSLIM] Katherine-Opinion please?]

Hi Katherine,
 
I see 16 cents as easy based on the = last 4=20 sequential quarters (last two were 16 and 23 cents). Sales = appear to=20 be accelerating thru Q3, so even a moderate slowdown in = acceleration=20 should still leave them well over 16 cents/qtr.
 
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message ----- =
From:=20 Katherine Malm =
To: canslim@lists.xmission.com= =20
Sent: Saturday, = January 19,=20 2002 9:09 AM
Subject: Re: Re:ELTE = (was=20 [CANSLIM] Katherine-Opinion please?]

Tom, Ian
 
Just curious...where do you get $.16/Q EPS estimates? I = took a=20 *very* quick glance at the last 10Q, are you basing this on = the=20 acquisition in 2000?
 
Katherine
----- Original Message = -----
From:=20 Tom=20 Worley
To: canslim@lists.xmission.com= =20
Sent: Saturday, = January 19,=20 2002 12:25 AM
Subject: Re: = Re:ELTE (was=20 [CANSLIM] Katherine-Opinion please?]

I agree, Ian. My second trip on = this stock=20 has nearly made up the loss from the first voyage. Looks = more=20 promising now than the first time I tried it. Sequential = growth=20 particularly impressive.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message = -----=20
From:=20 Ian=20
To: canslim@lists.xmission.com= =20
Sent: Friday, = January 18,=20 2002 8:01 PM
Subject: Re: = Re:ELTE (was=20 [CANSLIM] Katherine-Opinion please?]

Thanks a lot for the chart analysis. = The low=20 volume during the new high to $13.50, and the high = volume/no=20 progress days on 1/10, 1/11, and 1/15 were the things = that=20 concerned me. I convinced myself that the low-volume = high was=20 just a case of 'too much, too fast' off the $5 October = low. The=20 recent high volume/no movement days are what = concern=20 me.
 
There shouldn't be much concern with = P/E. The=20 company claimed that Q4 2001, and Q1 2002 were already = filled=20 with existing backlog, and I figure that a minimum of = $0.16 per=20 Q is easy - so 4 months from now, the ttm EPS will be at = least=20 $0.70 if not more, and the P/E at current levels would = be under=20 20. Given their industry group and recent growth rate, a = much=20 higher price could easily be supported. But I would like = to see=20 more signs of volume accumulation here.
 
After the next earnings report the = IBD EPS=20 ranking should go over 85, and the RS is over 90 = already, so it=20 should start appearing on IBD radar screens for the = first time -=20 including the weekend review. Perhaps it will be a month = or so=20 before the next clear direction becomes = visible.
 
Thanks again,
 
Ian
 
 
 
----- Original Message -----
From:=20 Katherine Malm =
To: canslim@lists.xmission.com= =20
Sent: Friday, = January 18,=20 2002 3:36 PM
Subject: = Re:ELTE (was=20 [CANSLIM] Katherine-Opinion please?]

Hi Ian,
 
Your question has me wondering whether the sell = rules=20 that I follow translate perfectly to thinly traded = stocks. But=20 I'll tell you what I see and the way I would read it = if I were=20 to own it:
 
-After the B/O at 7.13, stock moves up and = consolidates=20 for about 5 weeks. This is a "valid" consolidation so = that=20 makes the previous base low 8.01 which was printed on=20 11/23/01.
-Just as a quick check for "overextension" that = means=20 that the stock is 70% above the 200dMA (7.02), 15% = above the=20 50dMA (10.43) and 49.6% above the base low (8.01). It = gets a=20 yellow flag for being 70% above the 200dMA according = to WON's=20 sell rule #34, but does not get a red flag for the = Rubberband=20 Sell Rule.
-After the consolidation and breakout 12/18 the = stock has=20 started to show signs of stress. This could easily be = market=20 related, but no way to tell.
-1/2/02: New high on low volume. Red flag.
-1/10/02 & 1/11/02- two days with little or = no price=20 progress on high volume. Red flag.
-With 1 yellow and 2 red flags I thought it worth = doing a=20 PE Extension check. I've reconstructed the PE at the = time of=20 the B/O in October using trailing EPS numbers for the = prior=20 quarters. That puts it at $7.13/$.29 =3D 24.59. The = extension=20 warning would then be a forward PE of 24.59*2.21=3D = 54.3. Let's=20 see. DGO doesn't have any estimates, which means it = isn't=20 followed by enough analysts. I checked the internet to = see if=20 I could find anything and ran across this EPS/Rev=20 snapshot:
 
http://yahoo.marketguide.com/MGI= /mg.asp?target=3D/stocks/companyinformation/highlights&Ticker=3DELTE<= /A>
 
I am alarmed by the essentially flat revenues = over the=20 last 4 years, so I am going to go with the EPS = estimates in my=20 VectorVest software which reads a measly $.02. That = puts the=20 current forward looking PE at $11.98/$0.02 =3D 599! = I'll have to=20 mark that Red Flag.
 
One note is that its industry is fairly healthy,=20 consolidating after rising, not overly = extended and=20 currently ranked in the 2nd quartile.
 
I'll let you take it from there!
 
Katherine
----- Original = Message -----=20
From:=20 Ian=20
To: canslim@lists.xmission.com= =20
Sent: Friday, = January=20 18, 2002 4:40 PM
Subject: = [CANSLIM]=20 Katherine - Opinion please?

Would tuesdays distribution day = for ELTE=20 make you exit the stock at this point? Do you have = any other=20 insights into the chart?
 
I would appreciate your analysis = - it is=20 the one big recent winner I am wondering what to do = with.=20 Based on all of my past experiences, and knowing the = companies outlook, my gut tells me that it needs to=20 consolidate here, but will run into the $20's = by=20 mid-year. But I'd rather listen to the chart. I fear = I've=20 held it long enough that I may be = complacent.
 
Thank you.
 
Ian
------=_NextPart_000_0079_01C1A17F.86870A40-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: Re:ELTE (was [CANSLIM] Katherine-Opinion please?] Date: 20 Jan 2002 08:05:32 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_003B_01C1A189.3B8D9310 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable but you would agree that that is good accounting, so long as the = software is still under development? Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Sunday, January 20, 2002 7:56 AM Subject: Re: Re:ELTE (was [CANSLIM] Katherine-Opinion please?] Tom, Agreed, as noted in an earlier ELTE note. My main reason for bringing = it up was only as a comparison to 2000 and the resultant EPS. In a year = where about 20% of the software development cost has been capitalized vs = a year where it was written off, the YoY or QoQ EPS growth numbers are = going to look good. Katherine ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Sunday, January 20, 2002 5:53 AM Subject: Re: Re:ELTE (was [CANSLIM] Katherine-Opinion please?] Katherine, Under GAAP, wouldn't software development costs be written off: a) upon abandonment of the project (written off in full) or b) capitalized and amortized as the software begins to be marketed = (in which case it would be written off over the projected sales life of = the software). If the software was still under development as of the end of Q3, and = was still a viable project going forward, it would seem to me to be too = early to begin to put it on the books aside from the salaries and other = labor costs already being counted elsewhere in the expenses. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Sunday, January 20, 2002 12:23 AM Subject: Re: Re:ELTE (was [CANSLIM] Katherine-Opinion please?] Thanks for clearing this up Ian. Things like this can't be "seen" = in the records available online. Just goes to show that with a microcap = such as this, due diligence needs to be deep enough to uncover these = clues. (And conversely, the same would hold for uncovering rats in the = attic for other microcaps!) Have you made a decision as to whether to "sell on the technicals" = or will you wait for the next earnings announcement and conference call? The estimates I am using are from my VectorVest software. If there = are no analysts covering, they use past EPS and "significant = developments" to make a forward estimate. As I don't generally follow = microcaps, I'm not sure how reliable these numbers are. When I wrote my = note yesterday, that's why I looked at the historical Rev/EPS numbers = myself before taking their low forward EPS number at face value. One thing I did note in the financials from last quarter is that = they have not been writing off some of their software development costs = this year. From the 10Q 11/14/01: Research and development expenses for this year's third quarter of = $1.7 million (or 9.4% of revenue) increased slightly from $1.6 million = (or 12.5% of revenue) in 2000. Such expenses for the first nine months = of 2001 totaled $5.0 million (or 10.0% of revenue) compared to $4.4 = million (or 11.0% of revenue) for the first nine months of the prior = year. Research and development expenses consist primarily of salaries = and expenses of the Company's research and development personnel and = outside consultants. The higher expenses in 2001 over the same period = last year reflect costs for work to design and develop certain products = to support the Company's expansion into new Professional Services = Automation markets, partially offset by reduced expenses for Elite.com. = Research and development expenses exclude internally developed software = costs that were capitalized totaling approximately $320,000 for the = third quarter and approximately $900,000 for the first nine months of = 2001. No software development costs were capitalized in 2000.=20 The increased R&D effort for EIS is expected to continue through = 2001 as the Company completes development of its new product lines. The = Company is committed to maintaining strong research and development = efforts so it can continue to provide innovative software solutions as = the needs of its customer base and target markets change.=20 Something like this would certainly make 2001 EPS numbers "look" = better when comparing QoQ or YoY. Katherine ----- Original Message -----=20 From: Ian=20 To: canslim@lists.xmission.com=20 Sent: Saturday, January 19, 2002 11:16 PM Subject: Re: Re:ELTE (was [CANSLIM] Katherine-Opinion please?] Katherine: I have listened to the last 2 conference calls, and management = paints a very different picture. The acquisition from last year has been = negligible to overall revenues, and has not contributed to earnings yet. = Rather, the fact that they are in a new product cycle, expanding = internationally, and are moving into new verticals, has been given as = their reason for the recent growth. Moreover, they claimed last Q that = existing backlog should make Q4 2001 and Q1 2002 comparable with the = last 2 quarters. They also seemed confident that their customer base and = recurring revenue stream had finally reached a "critical mass" that = would ensure continuing growth. They weren't sure what exact growth rate = they would have, but they were confident growth would continue. Finally, they were confident that the Law Manager acquisition = from last year was finally about to contribute meaningfully to earnings. In the face of this, it strikes me as odd that there would still = be an active covering analyst with such low estimates. Maybe that means = that the next earnings report (rumored to be on Feb. 11) will be the one = that either breaks them, or sends them to a new level as they finally = have a share price over $10 and a market cap over $100,000,000. We'll = see. Ian ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Saturday, January 19, 2002 6:48 AM Subject: Re: Re:ELTE (was [CANSLIM] Katherine-Opinion please?] Hi Tom This is what I don't get, and I'm not trying to be = objectionable, just trying to find out how you'd get $.16/quarter given = the company's history. When I look at this, I see OK growth in revenues, = but the company continuously has good and bad quarters. I noticed in the = 10Q that they capitalize software development and then write it off in = chunks every so often (not uncommon) and it's possible that these = negative quarters every so often are related to that. I'm guessing if I = were to dig further into the financials I would get to know them better. = I know that they did an acquisition in 2000, and I'd assume that the = growth in EPS would be related. I look at Sept/Oct 99 and see really = nice quarters just like the last two we've seen recently, but they are = then followed by negative or so-so quarters. That raises red flags and = would lead me to question whether the growth pattern shown recently can = be projected into the future. Katherine GROWTH RATES=20 1 Year 3 Years 5 Years=20 Sales % -11.70 15.54 -14.53=20 EPS % NM NM NM=20 Dividend % NM NM NM=20 REVENUE=20 Quarters 1998 1999 2000 2001=20 MAR 8,343 12,988 13,334 14,295=20 JUN 10,850 15,401 13,741 17,392=20 SEP 12,385 15,381 12,858 18,516=20 DEC 13,484 15,496 12,399 =20 =20 Totals 45,062 59,266 52,332 50,203=20 Note: Units in Thousands of U.S. Dollars=20 =20 =20 EARNINGS PER SHARE=20 Quarters 1998 1999 2000 2001=20 MAR -0.070 0.010 0.050 -0.040=20 JUN -0.060 0.080 0.010 0.160=20 SEP 0.020 0.140 -0.020 0.230=20 DEC -0.030 0.210 -0.060 =20 =20 Totals -0.140 0.440 -0.020 0.350=20 Note: Units in U.S. Dollars=20 =20 ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Saturday, January 19, 2002 8:27 AM Subject: Re: Re:ELTE (was [CANSLIM] Katherine-Opinion = please?] Hi Katherine, I see 16 cents as easy based on the last 4 sequential = quarters (last two were 16 and 23 cents). Sales appear to be = accelerating thru Q3, so even a moderate slowdown in acceleration should = still leave them well over 16 cents/qtr. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Saturday, January 19, 2002 9:09 AM Subject: Re: Re:ELTE (was [CANSLIM] Katherine-Opinion = please?] Tom, Ian Just curious...where do you get $.16/Q EPS estimates? I = took a *very* quick glance at the last 10Q, are you basing this on the = acquisition in 2000? Katherine ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Saturday, January 19, 2002 12:25 AM Subject: Re: Re:ELTE (was [CANSLIM] Katherine-Opinion = please?] I agree, Ian. My second trip on this stock has nearly = made up the loss from the first voyage. Looks more promising now than = the first time I tried it. Sequential growth particularly impressive. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Ian=20 To: canslim@lists.xmission.com=20 Sent: Friday, January 18, 2002 8:01 PM Subject: Re: Re:ELTE (was [CANSLIM] Katherine-Opinion = please?] Thanks a lot for the chart analysis. The low volume = during the new high to $13.50, and the high volume/no progress days on = 1/10, 1/11, and 1/15 were the things that concerned me. I convinced = myself that the low-volume high was just a case of 'too much, too fast' = off the $5 October low. The recent high volume/no movement days are what = concern me. There shouldn't be much concern with P/E. The company = claimed that Q4 2001, and Q1 2002 were already filled with existing = backlog, and I figure that a minimum of $0.16 per Q is easy - so 4 = months from now, the ttm EPS will be at least $0.70 if not more, and the = P/E at current levels would be under 20. Given their industry group and = recent growth rate, a much higher price could easily be supported. But I = would like to see more signs of volume accumulation here.=20 After the next earnings report the IBD EPS ranking = should go over 85, and the RS is over 90 already, so it should start = appearing on IBD radar screens for the first time - including the = weekend review. Perhaps it will be a month or so before the next clear = direction becomes visible. Thanks again, Ian ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Friday, January 18, 2002 3:36 PM Subject: Re:ELTE (was [CANSLIM] Katherine-Opinion = please?] Hi Ian, Your question has me wondering whether the sell = rules that I follow translate perfectly to thinly traded stocks. But = I'll tell you what I see and the way I would read it if I were to own = it: -After the B/O at 7.13, stock moves up and = consolidates for about 5 weeks. This is a "valid" consolidation so that = makes the previous base low 8.01 which was printed on 11/23/01. -Just as a quick check for "overextension" that = means that the stock is 70% above the 200dMA (7.02), 15% above the 50dMA = (10.43) and 49.6% above the base low (8.01). It gets a yellow flag for = being 70% above the 200dMA according to WON's sell rule #34, but does = not get a red flag for the Rubberband Sell Rule. -After the consolidation and breakout 12/18 the = stock has started to show signs of stress. This could easily be market = related, but no way to tell. -1/2/02: New high on low volume. Red flag. -1/10/02 & 1/11/02- two days with little or no price = progress on high volume. Red flag. -With 1 yellow and 2 red flags I thought it worth = doing a PE Extension check. I've reconstructed the PE at the time of the = B/O in October using trailing EPS numbers for the prior quarters. That = puts it at $7.13/$.29 =3D 24.59. The extension warning would then be a = forward PE of 24.59*2.21=3D 54.3. Let's see. DGO doesn't have any = estimates, which means it isn't followed by enough analysts. I checked = the internet to see if I could find anything and ran across this EPS/Rev = snapshot: = http://yahoo.marketguide.com/MGI/mg.asp?target=3D/stocks/companyinformati= on/highlights&Ticker=3DELTE I am alarmed by the essentially flat revenues over = the last 4 years, so I am going to go with the EPS estimates in my = VectorVest software which reads a measly $.02. That puts the current = forward looking PE at $11.98/$0.02 =3D 599! I'll have to mark that Red = Flag. One note is that its industry is fairly healthy, = consolidating after rising, not overly extended and currently ranked in = the 2nd quartile. I'll let you take it from there! Katherine ----- Original Message -----=20 From: Ian=20 To: canslim@lists.xmission.com=20 Sent: Friday, January 18, 2002 4:40 PM Subject: [CANSLIM] Katherine - Opinion please? Would tuesdays distribution day for ELTE make you = exit the stock at this point? Do you have any other insights into the = chart? I would appreciate your analysis - it is the one = big recent winner I am wondering what to do with. Based on all of my = past experiences, and knowing the companies outlook, my gut tells me = that it needs to consolidate here, but will run into the $20's by = mid-year. But I'd rather listen to the chart. I fear I've held it long = enough that I may be complacent. Thank you. Ian ------=_NextPart_000_003B_01C1A189.3B8D9310 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
but you would agree that that is good = accounting, so long=20 as the software is still under development?
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Katherine=20 Malm
Sent: Sunday, January 20, 2002 = 7:56=20 AM
Subject: Re: Re:ELTE (was = [CANSLIM]=20 Katherine-Opinion please?]

Tom,
 
Agreed, as noted in an earlier ELTE note. My main reason for = bringing it=20 up was only as a comparison to 2000 and the resultant EPS. In a year = where=20 about 20% of the software development cost has been capitalized vs a = year=20 where it was written off, the YoY or QoQ EPS growth numbers are going = to look=20 good.
 
Katherine
----- Original Message -----
From:=20 Tom=20 Worley
Sent: Sunday, January 20, = 2002 5:53=20 AM
Subject: Re: Re:ELTE (was = [CANSLIM]=20 Katherine-Opinion please?]

Katherine,
 
Under GAAP, wouldn't software development = costs be=20 written off:
 
a) upon abandonment of the project (written = off in=20 full)
or
b) capitalized and amortized as the software = begins to=20 be marketed (in which case it would be written off over the = projected sales=20 life of the software).
 
If the software was still under development = as of the=20 end of Q3, and was still a viable project going forward, it would = seem to me=20 to be too early to begin to put it on the books aside from the = salaries and=20 other labor costs already being counted elsewhere in the=20 expenses.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message ----- =
From:=20 Katherine=20 Malm
To: canslim@lists.xmission.com= =20
Sent: Sunday, January 20, = 2002 12:23=20 AM
Subject: Re: Re:ELTE (was = [CANSLIM]=20 Katherine-Opinion please?]

Thanks for clearing this up Ian. Things like this can't be = "seen" in=20 the records available online. Just goes to show that with a = microcap such=20 as this, due diligence needs to be deep enough to uncover these = clues.=20 (And conversely, the same would hold for uncovering rats in the = attic for=20 other microcaps!)
 
Have you made a decision as to whether to "sell on the = technicals" or=20 will you wait for the next earnings announcement and conference=20 call?
 
The estimates I am using are from my VectorVest software. If = there=20 are no analysts covering, they use past EPS and "significant = developments"=20 to make a forward estimate. As I don't generally follow microcaps, = I'm not=20 sure how reliable these numbers are. When I wrote my note = yesterday,=20 that's why I looked at the historical Rev/EPS numbers myself = before taking=20 their low forward EPS number at face value.
 
One thing I did note in the financials from last quarter is = that they=20 have not been writing off some of their software development costs = this=20 year. From the 10Q 11/14/01:

Research and development expenses for this = year=92s third=20 quarter of $1.7 million (or 9.4% of revenue) increased = slightly from=20 $1.6 million (or 12.5% of revenue) in 2000. Such expenses for = the=20 first nine months of 2001 totaled $5.0 million (or 10.0% of = revenue)=20 compared to $4.4 million (or 11.0% of revenue) for the first = nine=20 months of the prior year. Research and development expenses = consist=20 primarily of salaries and expenses of the Company=92s research and = development personnel and outside consultants. The=20 higher expenses in 2001 over the same period last year reflect = costs for=20 work to design and develop certain products to support the = Company=92s=20 expansion into new Professional Services Automation markets, = partially=20 offset by reduced expenses for Elite.com. Research and development = expenses exclude internally developed software costs that were = capitalized=20 totaling approximately $320,000 for the third quarter and = approximately=20 $900,000 for the first nine months of 2001. No software = development costs=20 were capitalized in 2000.

The increased R&D effort for EIS is expected = to=20 continue through 2001 as the Company completes development of its = new=20 product lines. The Company is committed to maintaining strong = research and=20 development efforts so it can continue to provide innovative = software=20 solutions as the needs of its customer base and target markets = change.=20

Something like this would certainly make 2001 EPS numbers = "look" better=20 when comparing QoQ or YoY.

Katherine
----- Original Message ----- =
From:=20 Ian =
To: canslim@lists.xmission.com= =20
Sent: Saturday, January = 19, 2002=20 11:16 PM
Subject: Re: Re:ELTE (was = [CANSLIM]=20 Katherine-Opinion please?]

Katherine:
 
I have listened to the last 2 conference = calls, and=20 management paints a very different picture. The acquisition from = last=20 year has been negligible to overall revenues, and has not = contributed to=20 earnings yet. Rather, the fact that they are in a new product = cycle,=20 expanding internationally, and are moving into new verticals, = has been=20 given as their reason for the recent growth. Moreover, they = claimed last=20 Q that existing backlog should make Q4 2001 and Q1 2002 = comparable with=20 the last 2 quarters. They also seemed confident that their = customer base=20 and recurring revenue stream had finally reached a "critical = mass" that=20 would ensure continuing growth. They weren't sure what exact = growth rate=20 they would have, but they were confident growth would=20 continue.
 
Finally, they were confident that the Law = Manager=20 acquisition from last year was finally about to contribute = meaningfully=20 to earnings.
 
In the face of this, it strikes me as odd = that there=20 would still be an active covering analyst with such low = estimates. Maybe=20 that means that the next earnings report (rumored to be on Feb. = 11) will=20 be the one that either breaks them, or sends them to a new level = as they=20 finally have a share price over $10 and a market cap over = $100,000,000.=20 We'll see.
 
Ian
 
 
----- Original Message ----- =
From:=20 Katherine Malm
To: canslim@lists.xmission.com= =20
Sent: Saturday, January = 19, 2002=20 6:48 AM
Subject: Re: Re:ELTE = (was=20 [CANSLIM] Katherine-Opinion please?]

Hi Tom
 
This is what I don't get, and I'm not = trying to=20 be objectionable, just trying to find out how you'd get=20 $.16/quarter given the company's history. When I look at = this, I=20 see OK growth in revenues, but the company continuously = has good=20 and bad quarters. I noticed in the 10Q that they = capitalize=20 software development and then write it off in chunks = every so=20 often (not uncommon) and it's possible that these = negative=20 quarters every so often are related to that. I'm = guessing if I=20 were to dig further into the financials I would get to = know them=20 better. I know that they did an acquisition in 2000, and = I'd=20 assume that the growth in EPS would be related. I look = at=20 Sept/Oct 99 and see really nice quarters just like the = last two=20 we've seen recently, but they are then followed by = negative or=20 so-so quarters. That raises red flags and would lead me = to=20 question whether the growth pattern shown recently can = be=20 projected into the future.
 
Katherine
 
GROWTH RATES
1 Year 3 Years 5 = Years
Sales % -11.70 15.54 -14.53
EPS % NM NM NM
Dividend = % NM NM NM

REVENUE
Quarters 1998 1999 2000 2001
MAR 8,343 12,988 13,334 14,295
JUN 10,850 15,401 13,741 17,392
SEP 12,385 15,381 12,858 18,516
DEC 13,484 15,496 12,399
Totals 45,062 59,266 52,332 50,203
Note:  Units in = Thousands of U.S.=20 Dollars
 
EARNINGS PER=20 SHARE
Quarters 1998 1999 2000 2001
MAR -0.070 0.010 0.050 -0.040
JUN -0.060 0.080 0.010 0.160
SEP 0.020 0.140 -0.020 0.230
DEC -0.030 0.210 -0.060
Totals -0.140 0.440 -0.020 0.350
Note:  Units in U.S.=20 = Dollars
----- Original Message ----- =
From:=20 Tom=20 Worley
To: canslim@lists.xmission.com= =20
Sent: Saturday, = January 19,=20 2002 8:27 AM
Subject: Re: Re:ELTE = (was=20 [CANSLIM] Katherine-Opinion please?]

Hi Katherine,
 
I see 16 cents as easy based on the = last 4=20 sequential quarters (last two were 16 and 23 cents). Sales = appear to=20 be accelerating thru Q3, so even a moderate slowdown in = acceleration=20 should still leave them well over 16 cents/qtr.
 
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message = -----
From:=20 Katherine Malm =
To: canslim@lists.xmission.com= =20
Sent: Saturday, = January 19,=20 2002 9:09 AM
Subject: Re: = Re:ELTE (was=20 [CANSLIM] Katherine-Opinion please?]

Tom, Ian
 
Just curious...where do you get $.16/Q EPS estimates? = I took=20 a *very* quick glance at the last 10Q, are you basing this = on the=20 acquisition in 2000?
 
Katherine
----- Original Message = -----=20
From:=20 Tom Worley =
To: canslim@lists.xmission.com= =20
Sent: Saturday, = January 19,=20 2002 12:25 AM
Subject: Re: = Re:ELTE (was=20 [CANSLIM] Katherine-Opinion please?]

I agree, Ian. My second trip on = this stock=20 has nearly made up the loss from the first voyage. Looks = more=20 promising now than the first time I tried it. Sequential = growth=20 particularly impressive.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message = -----=20
From:=20 Ian=20
To: canslim@lists.xmission.com= =20
Sent: Friday, = January 18,=20 2002 8:01 PM
Subject: Re: = Re:ELTE (was=20 [CANSLIM] Katherine-Opinion please?]

Thanks a lot for the chart = analysis. The low=20 volume during the new high to $13.50, and the high = volume/no=20 progress days on 1/10, 1/11, and 1/15 were the things = that=20 concerned me. I convinced myself that the low-volume = high was=20 just a case of 'too much, too fast' off the $5 October = low.=20 The recent high volume/no movement days are what = concern=20 me.
 
There shouldn't be much concern = with P/E.=20 The company claimed that Q4 2001, and Q1 2002 were = already=20 filled with existing backlog, and I figure that a = minimum of=20 $0.16 per Q is easy - so 4 months from now, the ttm = EPS will=20 be at least $0.70 if not more, and the P/E at current = levels=20 would be under 20. Given their industry group and = recent=20 growth rate, a much higher price could easily be = supported.=20 But I would like to see more signs of volume = accumulation=20 here.
 
After the next earnings report the = IBD EPS=20 ranking should go over 85, and the RS is over 90 = already, so=20 it should start appearing on IBD radar screens for the = first=20 time - including the weekend review. Perhaps it will = be a=20 month or so before the next clear direction becomes=20 visible.
 
Thanks again,
 
Ian
 
 
 
----- Original Message -----
From:=20 Katherine = Malm
To: canslim@lists.xmission.com= =20
Sent: Friday, = January=20 18, 2002 3:36 PM
Subject: = Re:ELTE (was=20 [CANSLIM] Katherine-Opinion please?]

Hi Ian,
 
Your question has me wondering whether the sell = rules=20 that I follow translate perfectly to thinly traded = stocks.=20 But I'll tell you what I see and the way I would = read it if=20 I were to own it:
 
-After the B/O at 7.13, stock moves up and = consolidates=20 for about 5 weeks. This is a "valid" consolidation = so that=20 makes the previous base low 8.01 which was printed = on=20 11/23/01.
-Just as a quick check for "overextension" that = means=20 that the stock is 70% above the 200dMA (7.02), 15% = above the=20 50dMA (10.43) and 49.6% above the base low (8.01). = It gets a=20 yellow flag for being 70% above the 200dMA according = to=20 WON's sell rule #34, but does not get a red flag for = the=20 Rubberband Sell Rule.
-After the consolidation and breakout 12/18 the = stock=20 has started to show signs of stress. This could = easily be=20 market related, but no way to tell.
-1/2/02: New high on low volume. Red = flag.
-1/10/02 & 1/11/02- two days with little or = no=20 price progress on high volume. Red flag.
-With 1 yellow and 2 red flags I thought it = worth doing=20 a PE Extension check. I've reconstructed the PE at = the time=20 of the B/O in October using trailing EPS numbers for = the=20 prior quarters. That puts it at $7.13/$.29 =3D = 24.59. The=20 extension warning would then be a forward PE of = 24.59*2.21=3D=20 54.3. Let's see. DGO doesn't have any estimates, = which means=20 it isn't followed by enough analysts. I checked the = internet=20 to see if I could find anything and ran across this = EPS/Rev=20 snapshot:
 
http://yahoo.marketguide.com/MGI= /mg.asp?target=3D/stocks/companyinformation/highlights&Ticker=3DELTE<= /A>
 
I am alarmed by the essentially flat revenues = over the=20 last 4 years, so I am going to go with the EPS = estimates in=20 my VectorVest software which reads a measly $.02. = That puts=20 the current forward looking PE at $11.98/$0.02 =3D = 599! I'll=20 have to mark that Red Flag.
 
One note is that its industry is fairly = healthy,=20 consolidating after rising, not overly = extended and=20 currently ranked in the 2nd quartile.
 
I'll let you take it from there!
 
Katherine
----- Original = Message -----=20
From:=20 Ian
To: canslim@lists.xmission.com= =20
Sent: = Friday, January=20 18, 2002 4:40 PM
Subject: = [CANSLIM]=20 Katherine - Opinion please?

Would tuesdays distribution = day for ELTE=20 make you exit the stock at this point? Do you have = any=20 other insights into the chart?
 
I would appreciate your = analysis - it is=20 the one big recent winner I am wondering what to = do with.=20 Based on all of my past experiences, and knowing = the=20 companies outlook, my gut tells me that it needs = to=20 consolidate here, but will run into the $20's = by=20 mid-year. But I'd rather listen to the chart. I = fear I've=20 held it long enough that I may be = complacent.
 
Thank you.
 
Ian
------=_NextPart_000_003B_01C1A189.3B8D9310-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: Re:ELTE (was [CANSLIM] Katherine-Opinion please?] Date: 20 Jan 2002 07:07:15 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_0088_01C1A181.16F395C0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Absolutely! The only time that company's get into trouble is if they are = capitalizing aggressively and not writing it down when the project goes = bust. I actually like it when a company admits a mistake, dumps = something, writes it off and moves on. Dell did this in the early 90's = (my timing might be off a bit) with a failed notebook development = project. Katherine ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Sunday, January 20, 2002 7:05 AM Subject: Re: Re:ELTE (was [CANSLIM] Katherine-Opinion please?] but you would agree that that is good accounting, so long as the = software is still under development? Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Sunday, January 20, 2002 7:56 AM Subject: Re: Re:ELTE (was [CANSLIM] Katherine-Opinion please?] Tom, Agreed, as noted in an earlier ELTE note. My main reason for = bringing it up was only as a comparison to 2000 and the resultant EPS. = In a year where about 20% of the software development cost has been = capitalized vs a year where it was written off, the YoY or QoQ EPS = growth numbers are going to look good. Katherine ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Sunday, January 20, 2002 5:53 AM Subject: Re: Re:ELTE (was [CANSLIM] Katherine-Opinion please?] Katherine, Under GAAP, wouldn't software development costs be written off: a) upon abandonment of the project (written off in full) or b) capitalized and amortized as the software begins to be marketed = (in which case it would be written off over the projected sales life of = the software). If the software was still under development as of the end of Q3, = and was still a viable project going forward, it would seem to me to be = too early to begin to put it on the books aside from the salaries and = other labor costs already being counted elsewhere in the expenses. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Sunday, January 20, 2002 12:23 AM Subject: Re: Re:ELTE (was [CANSLIM] Katherine-Opinion please?] Thanks for clearing this up Ian. Things like this can't be = "seen" in the records available online. Just goes to show that with a = microcap such as this, due diligence needs to be deep enough to uncover = these clues. (And conversely, the same would hold for uncovering rats in = the attic for other microcaps!) Have you made a decision as to whether to "sell on the = technicals" or will you wait for the next earnings announcement and = conference call? The estimates I am using are from my VectorVest software. If = there are no analysts covering, they use past EPS and "significant = developments" to make a forward estimate. As I don't generally follow = microcaps, I'm not sure how reliable these numbers are. When I wrote my = note yesterday, that's why I looked at the historical Rev/EPS numbers = myself before taking their low forward EPS number at face value. One thing I did note in the financials from last quarter is that = they have not been writing off some of their software development costs = this year. From the 10Q 11/14/01: Research and development expenses for this year's third quarter = of $1.7 million (or 9.4% of revenue) increased slightly from $1.6 = million (or 12.5% of revenue) in 2000. Such expenses for the first nine = months of 2001 totaled $5.0 million (or 10.0% of revenue) compared to = $4.4 million (or 11.0% of revenue) for the first nine months of the = prior year. Research and development expenses consist primarily of = salaries and expenses of the Company's research and development = personnel and outside consultants. The higher expenses in 2001 over the = same period last year reflect costs for work to design and develop = certain products to support the Company's expansion into new = Professional Services Automation markets, partially offset by reduced = expenses for Elite.com. Research and development expenses exclude = internally developed software costs that were capitalized totaling = approximately $320,000 for the third quarter and approximately $900,000 = for the first nine months of 2001. No software development costs were = capitalized in 2000.=20 The increased R&D effort for EIS is expected to continue through = 2001 as the Company completes development of its new product lines. The = Company is committed to maintaining strong research and development = efforts so it can continue to provide innovative software solutions as = the needs of its customer base and target markets change.=20 Something like this would certainly make 2001 EPS numbers "look" = better when comparing QoQ or YoY. Katherine ----- Original Message -----=20 From: Ian=20 To: canslim@lists.xmission.com=20 Sent: Saturday, January 19, 2002 11:16 PM Subject: Re: Re:ELTE (was [CANSLIM] Katherine-Opinion please?] Katherine: I have listened to the last 2 conference calls, and management = paints a very different picture. The acquisition from last year has been = negligible to overall revenues, and has not contributed to earnings yet. = Rather, the fact that they are in a new product cycle, expanding = internationally, and are moving into new verticals, has been given as = their reason for the recent growth. Moreover, they claimed last Q that = existing backlog should make Q4 2001 and Q1 2002 comparable with the = last 2 quarters. They also seemed confident that their customer base and = recurring revenue stream had finally reached a "critical mass" that = would ensure continuing growth. They weren't sure what exact growth rate = they would have, but they were confident growth would continue. Finally, they were confident that the Law Manager acquisition = from last year was finally about to contribute meaningfully to earnings. In the face of this, it strikes me as odd that there would = still be an active covering analyst with such low estimates. Maybe that = means that the next earnings report (rumored to be on Feb. 11) will be = the one that either breaks them, or sends them to a new level as they = finally have a share price over $10 and a market cap over $100,000,000. = We'll see. Ian ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Saturday, January 19, 2002 6:48 AM Subject: Re: Re:ELTE (was [CANSLIM] Katherine-Opinion = please?] Hi Tom This is what I don't get, and I'm not trying to be = objectionable, just trying to find out how you'd get $.16/quarter given = the company's history. When I look at this, I see OK growth in revenues, = but the company continuously has good and bad quarters. I noticed in the = 10Q that they capitalize software development and then write it off in = chunks every so often (not uncommon) and it's possible that these = negative quarters every so often are related to that. I'm guessing if I = were to dig further into the financials I would get to know them better. = I know that they did an acquisition in 2000, and I'd assume that the = growth in EPS would be related. I look at Sept/Oct 99 and see really = nice quarters just like the last two we've seen recently, but they are = then followed by negative or so-so quarters. That raises red flags and = would lead me to question whether the growth pattern shown recently can = be projected into the future. Katherine GROWTH RATES=20 1 Year 3 Years 5 Years=20 Sales % -11.70 15.54 -14.53=20 EPS % NM NM NM=20 Dividend % NM NM NM=20 REVENUE=20 Quarters 1998 1999 2000 2001=20 MAR 8,343 12,988 13,334 14,295=20 JUN 10,850 15,401 13,741 17,392=20 SEP 12,385 15,381 12,858 18,516=20 DEC 13,484 15,496 12,399 =20 =20 Totals 45,062 59,266 52,332 50,203=20 Note: Units in Thousands of U.S. Dollars=20 =20 =20 EARNINGS PER SHARE=20 Quarters 1998 1999 2000 2001=20 MAR -0.070 0.010 0.050 -0.040=20 JUN -0.060 0.080 0.010 0.160=20 SEP 0.020 0.140 -0.020 0.230=20 DEC -0.030 0.210 -0.060 =20 =20 Totals -0.140 0.440 -0.020 0.350=20 Note: Units in U.S. Dollars=20 =20 ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Saturday, January 19, 2002 8:27 AM Subject: Re: Re:ELTE (was [CANSLIM] Katherine-Opinion = please?] Hi Katherine, I see 16 cents as easy based on the last 4 sequential = quarters (last two were 16 and 23 cents). Sales appear to be = accelerating thru Q3, so even a moderate slowdown in acceleration should = still leave them well over 16 cents/qtr. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Saturday, January 19, 2002 9:09 AM Subject: Re: Re:ELTE (was [CANSLIM] Katherine-Opinion = please?] Tom, Ian Just curious...where do you get $.16/Q EPS estimates? I = took a *very* quick glance at the last 10Q, are you basing this on the = acquisition in 2000? Katherine ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Saturday, January 19, 2002 12:25 AM Subject: Re: Re:ELTE (was [CANSLIM] Katherine-Opinion = please?] I agree, Ian. My second trip on this stock has nearly = made up the loss from the first voyage. Looks more promising now than = the first time I tried it. Sequential growth particularly impressive. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Ian=20 To: canslim@lists.xmission.com=20 Sent: Friday, January 18, 2002 8:01 PM Subject: Re: Re:ELTE (was [CANSLIM] = Katherine-Opinion please?] Thanks a lot for the chart analysis. The low volume = during the new high to $13.50, and the high volume/no progress days on = 1/10, 1/11, and 1/15 were the things that concerned me. I convinced = myself that the low-volume high was just a case of 'too much, too fast' = off the $5 October low. The recent high volume/no movement days are what = concern me. There shouldn't be much concern with P/E. The = company claimed that Q4 2001, and Q1 2002 were already filled with = existing backlog, and I figure that a minimum of $0.16 per Q is easy - = so 4 months from now, the ttm EPS will be at least $0.70 if not more, = and the P/E at current levels would be under 20. Given their industry = group and recent growth rate, a much higher price could easily be = supported. But I would like to see more signs of volume accumulation = here.=20 After the next earnings report the IBD EPS ranking = should go over 85, and the RS is over 90 already, so it should start = appearing on IBD radar screens for the first time - including the = weekend review. Perhaps it will be a month or so before the next clear = direction becomes visible. Thanks again, Ian ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Friday, January 18, 2002 3:36 PM Subject: Re:ELTE (was [CANSLIM] Katherine-Opinion = please?] Hi Ian, Your question has me wondering whether the sell = rules that I follow translate perfectly to thinly traded stocks. But = I'll tell you what I see and the way I would read it if I were to own = it: -After the B/O at 7.13, stock moves up and = consolidates for about 5 weeks. This is a "valid" consolidation so that = makes the previous base low 8.01 which was printed on 11/23/01. -Just as a quick check for "overextension" that = means that the stock is 70% above the 200dMA (7.02), 15% above the 50dMA = (10.43) and 49.6% above the base low (8.01). It gets a yellow flag for = being 70% above the 200dMA according to WON's sell rule #34, but does = not get a red flag for the Rubberband Sell Rule. -After the consolidation and breakout 12/18 the = stock has started to show signs of stress. This could easily be market = related, but no way to tell. -1/2/02: New high on low volume. Red flag. -1/10/02 & 1/11/02- two days with little or no = price progress on high volume. Red flag. -With 1 yellow and 2 red flags I thought it worth = doing a PE Extension check. I've reconstructed the PE at the time of the = B/O in October using trailing EPS numbers for the prior quarters. That = puts it at $7.13/$.29 =3D 24.59. The extension warning would then be a = forward PE of 24.59*2.21=3D 54.3. Let's see. DGO doesn't have any = estimates, which means it isn't followed by enough analysts. I checked = the internet to see if I could find anything and ran across this EPS/Rev = snapshot: = http://yahoo.marketguide.com/MGI/mg.asp?target=3D/stocks/companyinformati= on/highlights&Ticker=3DELTE I am alarmed by the essentially flat revenues over = the last 4 years, so I am going to go with the EPS estimates in my = VectorVest software which reads a measly $.02. That puts the current = forward looking PE at $11.98/$0.02 =3D 599! I'll have to mark that Red = Flag. One note is that its industry is fairly healthy, = consolidating after rising, not overly extended and currently ranked in = the 2nd quartile. I'll let you take it from there! Katherine ----- Original Message -----=20 From: Ian=20 To: canslim@lists.xmission.com=20 Sent: Friday, January 18, 2002 4:40 PM Subject: [CANSLIM] Katherine - Opinion please? Would tuesdays distribution day for ELTE make = you exit the stock at this point? Do you have any other insights into = the chart? I would appreciate your analysis - it is the one = big recent winner I am wondering what to do with. Based on all of my = past experiences, and knowing the companies outlook, my gut tells me = that it needs to consolidate here, but will run into the $20's by = mid-year. But I'd rather listen to the chart. I fear I've held it long = enough that I may be complacent. Thank you. Ian ------=_NextPart_000_0088_01C1A181.16F395C0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Absolutely! The only time that company's get into trouble is if = they are=20 capitalizing aggressively and not writing it down when the project goes = bust. I=20 actually like it when a company admits a mistake, dumps something, = writes it off=20 and moves on. Dell did this in the early 90's (my timing might be off a=20 bit) with a failed notebook development project.
 
Katherine
----- Original Message -----
From:=20 Tom = Worley=20
Sent: Sunday, January 20, 2002 = 7:05=20 AM
Subject: Re: Re:ELTE (was = [CANSLIM]=20 Katherine-Opinion please?]

but you would agree that that is good = accounting, so=20 long as the software is still under development?
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Katherine=20 Malm
Sent: Sunday, January 20, = 2002 7:56=20 AM
Subject: Re: Re:ELTE (was = [CANSLIM]=20 Katherine-Opinion please?]

Tom,
 
Agreed, as noted in an earlier ELTE note. My main reason for = bringing=20 it up was only as a comparison to 2000 and the resultant EPS. In a = year=20 where about 20% of the software development cost has been = capitalized vs a=20 year where it was written off, the YoY or QoQ EPS growth numbers are = going=20 to look good.
 
Katherine
----- Original Message ----- =
From:=20 Tom=20 Worley
To: canslim@lists.xmission.com= =20
Sent: Sunday, January 20, = 2002 5:53=20 AM
Subject: Re: Re:ELTE (was = [CANSLIM]=20 Katherine-Opinion please?]

Katherine,
 
Under GAAP, wouldn't software development = costs be=20 written off:
 
a) upon abandonment of the project = (written off in=20 full)
or
b) capitalized and amortized as the = software begins=20 to be marketed (in which case it would be written off over the = projected=20 sales life of the software).
 
If the software was still under = development as of=20 the end of Q3, and was still a viable project going forward, it = would seem=20 to me to be too early to begin to put it on the books aside from = the=20 salaries and other labor costs already being counted elsewhere in = the=20 expenses.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message ----- =
From:=20 Katherine=20 Malm
To: canslim@lists.xmission.com= =20
Sent: Sunday, January 20, = 2002=20 12:23 AM
Subject: Re: Re:ELTE (was = [CANSLIM]=20 Katherine-Opinion please?]

Thanks for clearing this up Ian. Things like this can't be = "seen"=20 in the records available online. Just goes to show that with a = microcap=20 such as this, due diligence needs to be deep enough to uncover = these=20 clues. (And conversely, the same would hold for uncovering rats = in the=20 attic for other microcaps!)
 
Have you made a decision as to whether to "sell on the = technicals"=20 or will you wait for the next earnings announcement and = conference=20 call?
 
The estimates I am using are from my VectorVest software. = If there=20 are no analysts covering, they use past EPS and "significant=20 developments" to make a forward estimate. As I don't generally = follow=20 microcaps, I'm not sure how reliable these numbers are. When I = wrote my=20 note yesterday, that's why I looked at the historical Rev/EPS = numbers=20 myself before taking their low forward EPS number at face = value.
 
One thing I did note in the financials from last quarter is = that=20 they have not been writing off some of their software = development costs=20 this year. From the 10Q 11/14/01:

Research and development expenses for this = year’s third=20 quarter of $1.7 million (or 9.4% of revenue) increased = slightly=20 from $1.6 million (or 12.5% of revenue) in 2000. Such = expenses for=20 the first nine months of 2001 totaled $5.0 million (or = 10.0% of=20 revenue) compared to $4.4 million (or 11.0% of revenue) for = the=20 first nine months of the prior year. Research and development = expenses=20 consist primarily of salaries and expenses of the = Company’s research and=20 development personnel and outside consultants. The=20 higher expenses in 2001 over the same period last year reflect = costs for=20 work to design and develop certain products to support the = Company’s=20 expansion into new Professional Services Automation markets, = partially=20 offset by reduced expenses for Elite.com. Research and = development=20 expenses exclude internally developed software costs that were=20 capitalized totaling approximately $320,000 for the third = quarter and=20 approximately $900,000 for the first nine months of 2001. No = software=20 development costs were capitalized in 2000.

The increased R&D effort for EIS is = expected to=20 continue through 2001 as the Company completes development of = its new=20 product lines. The Company is committed to maintaining strong = research=20 and development efforts so it can continue to provide innovative = software solutions as the needs of its customer base and target = markets=20 change.

Something like this would certainly make 2001 EPS numbers = "look"=20 better when comparing QoQ or YoY.

Katherine
----- Original Message ----- =
From:=20 Ian
To: canslim@lists.xmission.com= =20
Sent: Saturday, January = 19, 2002=20 11:16 PM
Subject: Re: Re:ELTE = (was=20 [CANSLIM] Katherine-Opinion please?]

Katherine:
 
I have listened to the last 2 conference = calls, and=20 management paints a very different picture. The acquisition = from last=20 year has been negligible to overall revenues, and has not = contributed=20 to earnings yet. Rather, the fact that they are in a new = product=20 cycle, expanding internationally, and are moving into new = verticals,=20 has been given as their reason for the recent growth. = Moreover, they=20 claimed last Q that existing backlog should make Q4 2001 and = Q1 2002=20 comparable with the last 2 quarters. They also seemed = confident that=20 their customer base and recurring revenue stream had finally = reached a=20 "critical mass" that would ensure continuing growth. They = weren't sure=20 what exact growth rate they would have, but they were=20 confident growth would continue.
 
Finally, they were confident that the Law = Manager=20 acquisition from last year was finally about to contribute=20 meaningfully to earnings.
 
In the face of this, it strikes me as odd = that there=20 would still be an active covering analyst with such low = estimates.=20 Maybe that means that the next earnings report (rumored to be = on Feb.=20 11) will be the one that either breaks them, or sends them to = a new=20 level as they finally have a share price over $10 and a market = cap=20 over $100,000,000. We'll see.
 
Ian
 
 
----- Original Message ----- =
From:=20 Katherine Malm =
To: canslim@lists.xmission.com= =20
Sent: Saturday, = January 19,=20 2002 6:48 AM
Subject: Re: Re:ELTE = (was=20 [CANSLIM] Katherine-Opinion please?]

Hi Tom
 
This is what I don't get, and I'm = not trying=20 to be objectionable, just trying to find out how you'd = get=20 $.16/quarter given the company's history. When I look = at this,=20 I see OK growth in revenues, but the company = continuously has=20 good and bad quarters. I noticed in the 10Q that they=20 capitalize software development and then write it off = in=20 chunks every so often (not uncommon) and it's = possible=20 that these negative quarters every so often are = related to=20 that. I'm guessing if I were to dig further into the=20 financials I would get to know them better. I know = that they=20 did an acquisition in 2000, and I'd assume that the = growth in=20 EPS would be related. I look at Sept/Oct 99 and see = really=20 nice quarters just like the last two we've seen = recently, but=20 they are then followed by negative or so-so quarters. = That=20 raises red flags and would lead me to question whether = the=20 growth pattern shown recently can be projected into = the=20 future.
 
Katherine
 
GROWTH = RATES
1 Year 3 = Years 5 = Years
Sales = % -11.70 15.54 -14.53
EPS % NM NM NM
Dividend = % NM NM NM

REVENUE
Quarters 1998 1999 2000 2001
MAR 8,343 12,988 13,334 14,295
JUN 10,850 15,401 13,741 17,392
SEP 12,385 15,381 12,858 18,516
DEC 13,484 15,496 12,399
Totals 45,062 59,266 52,332 50,203
Note:  Units in = Thousands of=20 U.S. = Dollars
 
EARNINGS PER=20 SHARE
Quarters 1998 1999 2000 2001
MAR -0.070 0.010 0.050 -0.040
JUN -0.060 0.080 0.010 0.160
SEP 0.020 0.140 -0.020 0.230
DEC -0.030 0.210 -0.060
Totals -0.140 0.440 -0.020 0.350
Note:  Units in U.S.=20 = Dollars
----- Original Message = -----
From:=20 Tom=20 Worley
To: canslim@lists.xmission.com= =20
Sent: Saturday, = January 19,=20 2002 8:27 AM
Subject: Re: = Re:ELTE (was=20 [CANSLIM] Katherine-Opinion please?]

Hi Katherine,
 
I see 16 cents as easy based on = the last 4=20 sequential quarters (last two were 16 and 23 cents). Sales = appear=20 to be accelerating thru Q3, so even a moderate slowdown in = acceleration should still leave them well over 16=20 cents/qtr.
 
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message = -----=20
From:=20 Katherine Malm =
To: canslim@lists.xmission.com= =20
Sent: Saturday, = January 19,=20 2002 9:09 AM
Subject: Re: = Re:ELTE (was=20 [CANSLIM] Katherine-Opinion please?]

Tom, Ian
 
Just curious...where do you get $.16/Q EPS = estimates? I=20 took a *very* quick glance at the last 10Q, are you = basing this=20 on the acquisition in 2000?
 
Katherine
----- Original Message = -----=20
From:=20 Tom Worley =
To: canslim@lists.xmission.com= =20
Sent: Saturday, = January=20 19, 2002 12:25 AM
Subject: Re: = Re:ELTE (was=20 [CANSLIM] Katherine-Opinion please?]

I agree, Ian. My second trip = on this=20 stock has nearly made up the loss from the first = voyage. Looks=20 more promising now than the first time I tried it. = Sequential=20 growth particularly impressive.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original = Message -----=20
From:=20 Ian=20
To: canslim@lists.xmission.com= =20
Sent: Friday, = January=20 18, 2002 8:01 PM
Subject: Re: = Re:ELTE=20 (was [CANSLIM] Katherine-Opinion please?]

Thanks a lot for the chart = analysis. The=20 low volume during the new high to $13.50, and the = high=20 volume/no progress days on 1/10, 1/11, and 1/15 were = the=20 things that concerned me. I convinced myself that = the=20 low-volume high was just a case of 'too much, too = fast' off=20 the $5 October low. The recent high volume/no = movement=20 days are what concern me.
 
There shouldn't be much concern = with P/E.=20 The company claimed that Q4 2001, and Q1 2002 were = already=20 filled with existing backlog, and I figure that a = minimum of=20 $0.16 per Q is easy - so 4 months from now, the ttm = EPS will=20 be at least $0.70 if not more, and the P/E at = current levels=20 would be under 20. Given their industry group and = recent=20 growth rate, a much higher price could easily be = supported.=20 But I would like to see more signs of volume = accumulation=20 here.
 
After the next earnings report = the IBD EPS=20 ranking should go over 85, and the RS is over 90 = already, so=20 it should start appearing on IBD radar screens for = the first=20 time - including the weekend review. Perhaps it will = be a=20 month or so before the next clear direction becomes=20 visible.
 
Thanks again,
 
Ian
 
 
 
----- Original Message -----
From:=20 Katherine = Malm=20
To: canslim@lists.xmission.com= =20
Sent: = Friday, January=20 18, 2002 3:36 PM
Subject: = Re:ELTE (was=20 [CANSLIM] Katherine-Opinion please?]

Hi Ian,
 
Your question has me wondering whether the = sell rules=20 that I follow translate perfectly to thinly traded = stocks.=20 But I'll tell you what I see and the way I would = read it=20 if I were to own it:
 
-After the B/O at 7.13, stock moves up and=20 consolidates for about 5 weeks. This is a "valid"=20 consolidation so that makes the previous base low = 8.01=20 which was printed on 11/23/01.
-Just as a quick check for "overextension" = that means=20 that the stock is 70% above the 200dMA (7.02), 15% = above=20 the 50dMA (10.43) and 49.6% above the base low = (8.01). It=20 gets a yellow flag for being 70% above the 200dMA=20 according to WON's sell rule #34, but does not get = a red=20 flag for the Rubberband Sell Rule.
-After the consolidation and breakout 12/18 = the stock=20 has started to show signs of stress. This could = easily be=20 market related, but no way to tell.
-1/2/02: New high on low volume. Red = flag.
-1/10/02 & 1/11/02- two days with little = or no=20 price progress on high volume. Red flag.
-With 1 yellow and 2 red flags I thought it = worth=20 doing a PE Extension check. I've reconstructed the = PE at=20 the time of the B/O in October using trailing EPS = numbers=20 for the prior quarters. That puts it at $7.13/$.29 = =3D=20 24.59. The extension warning would then be a = forward PE of=20 24.59*2.21=3D 54.3. Let's see. DGO doesn't have = any=20 estimates, which means it isn't followed by enough = analysts. I checked the internet to see if I could = find=20 anything and ran across this EPS/Rev = snapshot:
 
http://yahoo.marketguide.com/MGI= /mg.asp?target=3D/stocks/companyinformation/highlights&Ticker=3DELTE<= /A>
 
I am alarmed by the essentially flat revenues = over=20 the last 4 years, so I am going to go with the EPS = estimates in my VectorVest software which reads a = measly=20 $.02. That puts the current forward looking PE at=20 $11.98/$0.02 =3D 599! I'll have to mark that Red = Flag.
 
One note is that its industry is fairly = healthy,=20 consolidating after rising, not overly = extended and=20 currently ranked in the 2nd quartile.
 
I'll let you take it from there!
 
Katherine
----- Original = Message=20 -----
From:=20 Ian
To: canslim@lists.xmission.com= =20
Sent: = Friday,=20 January 18, 2002 4:40 PM
Subject: = [CANSLIM]=20 Katherine - Opinion please?

Would tuesdays distribution = day for=20 ELTE make you exit the stock at this point? Do = you have=20 any other insights into the chart?
 
I would appreciate your = analysis - it=20 is the one big recent winner I am wondering what = to do=20 with. Based on all of my past experiences, and = knowing=20 the companies outlook, my gut tells me that it = needs to=20 consolidate here, but will run into the = $20's by=20 mid-year. But I'd rather listen to the chart. I = fear=20 I've held it long enough that I may be=20 complacent.
 
Thank you.
 
Ian
------=_NextPart_000_0088_01C1A181.16F395C0-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: [CANSLIM] DFXI vs. JEC--Faulty handle? Date: 20 Jan 2002 07:50:53 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_009E_01C1A187.2F9C16A0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable DFXI's chart has been bothering me for some time. An Investor's Corner = article dated 12/17/01 used JEC as an example of a "zig-zag" faulty = handle. What do you think, could DFXI have the same faulty handle?=20 http://WallStreet-LLC.com/pub/DFXI_011802.jpg http://WallStreet-LLC.com/pub/JEC_011802.jpg Katherine ------=_NextPart_000_009E_01C1A187.2F9C16A0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
DFXI's chart has been bothering me for some time. An Investor's = Corner=20 article dated 12/17/01 used JEC as an example of a "zig-zag" faulty = handle. What=20 do you think, could DFXI have the same faulty handle?
 
http://WallStreet-= LLC.com/pub/DFXI_011802.jpg
http://WallStreet-L= LC.com/pub/JEC_011802.jpg
 
Katherine
------=_NextPart_000_009E_01C1A187.2F9C16A0-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Robert Gammon" Subject: Re: [CANSLIM] Arthur Andersen Date: 20 Jan 2002 08:05:49 -0600 (CST) On Sat, 19 Jan 2002 20:29:01 -0500, Tom Worley wrote: [snip] >I hope two things come out of this horror story: a flat >prohibition against using company stock in any 401K plan; and a legal >prohibition against any auditing firm having any other business relationship >with a firm they audit. Consult, or audit, but not both with the same or >related company. There were quite a few IBMers that got burned much the same way, although not quite to the same degree a few decades ago. Stock ownership by employees is often an important tool of management to keep the company intact, keeping the takeover artists at bay. Balancing these two forces will always be a delicate action. I don't expect to see an outright prohibition of stock ownership in 401(k)s. One possible compromise that I envision is a new requirement for 401(k) plan administrators. Under this proposal, the 401(k) plan administrators would be required to send periodic notices to employees whose stock holdings amounted to more than XX% of the employee's 401(k) plan value. ??Periodic?? == quarterly, monthly, weekly, daily, frequency COULD be made dependent on the percentage that the company stock represented of account value. A list of employees whose holdings are above the magic percentage number should be given to CEO/CFO. The wrinkle I already see is ISO grants. The value of these can often dwarf everything else the employee has, particularly as the value of the stock reaches a multiyear peak. I have seen fairly low level salaried employees ($60K-$90K salary) who manage to accumulate ISO grants worth several million dollars. Are these to be included in stock ownership calculations? ISO administrators are often different organizations from 401(k) administrators. Will employers be required to circulate ISO management ideas to employees? Perhaps. Will there be legislation requiring employees to liquidate ISO grants according to some fixed schedule? Doubtful. Robert _________________________________________________________ Do You Yahoo!? Get your free @yahoo.com address at http://mail.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. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: AW: AW: [CANSLIM] Arthur Andersen Date: 20 Jan 2002 17:06:02 +0100 Jans, cash-flow can be below EPS, since in order to derive you must add non-cash expenses (e.g. appreciation of a mashinery park) minus non cash income (e.g. "Goodwill") minus cash expenses that are not calculated in the earnings (like the famous "one time" charges) plus cash income that are not calculated in the earnings (like "one time" income) The thing is that companies can very often choose totally legal if a cash income or cash expense reflects into EPS. The same for non cash income --> They can activate "Goodwill" or they can book it as EPS reflecting charges. So it gets dangerous if the Price Cash Flow Ratio is below the PE Ratio, because then the firms potentially uses the legal possiblity of choosing how to book their cash expenses in a way so they are not reflected in the earnings (e.g. a cash expense of the EPS Book) extensivly. Accountants refer this then as a unhealthy ballance sheet or "aggresive" reporting (Amazon is King here, they post an operative break even, which is useless because they have a negative Cash flow of a Dollar). You will not belive what you can reach legally with this "choosing posibilities". I worked as a controller of a Chamber of Comerce and Industry (which has slight different reporting laws, but still you could "choose" a lot). The people controlling us (the members) had no clue on what hit them, no idea of the money the chamber really made (in this case much more then we reported, because we wanted to give the impression, that we are poor, so they did not have the idea of paying less fees). If they had questions you simply answered in such a complicated way, so they gave up ... You can legally cook you earnings books, so you appear poorer or richer. I did not like this, so I decided to get another job ... Poorer is not very likely in these days due to the Raiders in the 1980s which bought poor looking companies that where acutally rich and sold them. Since this times everybody tries to look at least as rich as they are. I found 579 Firms where the PE is below the PCF Ratio http://moneycentral.msn.com/investor/invsub/finder/finderx.asp?Query=SV1 QF140Z05F215Z&Name=Search2&Tickers=25 NYCB is a good example: PE 21 PCF 62,5 So the PCF is a very good indicator on how much a firm uses the OFF BOOK cash expenses. CASH FLOW REPORTING CAN NOT BE COOCKED LEGALLY. Another good way is to look on the taxes they pay. If the earnings are high and they do not pay taxes, there is a problem (this counts not for Israel Companies, due to the fact that they give huge tax breaks to their firms, especially in the first years of business). See you Andreas > -----Ursprungliche Nachricht----- > Von: Spencer48@aol.com [SMTP:Spencer48@aol.com] > Gesendet am: Sunday, January 20, 2002 4:16 AM > An: canslim@lists.xmission.com > Betreff: Re: AW: [CANSLIM] Arthur Andersen > > Dave, Andreas and Tom: > > Andreas: How can cash-flow be below EPS, since in order to derive > cash-flow you must add non-cash expenses (like amortization expense, > and-possibly (see next paragraph as to why I am uncertain)-good-will expense) > > On Wednesday or Thursday's CNBC show with Lawerence Kudlow at 11PM EST, > the show revolved around the Enron scandal. I thought I heard mention that > the Supervisory Board relating to Accounting Practices was doing away with > the balance sheet entry "Goodwill", but I thought it had already been done > away with several years ago? > > In any event, what baffles me is that just about everyone on the > business news remarks on Enron's OFF BOOK ACCOUNTS, but I've heard no one on > any of these shows lambast anyone at Enron (or Anderson > who-putatively-audited them) who decided to go with off-book accounting. It > makes one wonder, how many public corporation have off-book entries? It also > makes one wonder if DGO, WON and IBD recognize these entries as legitimate-or > if they are even aware of them? I guess the bottom line is: How accurate is > an off-book entry, and does it accurately and legally reflect the > corporation's profit/loss statement, or is it instead a gambit a corporation > uses to circumvent investment law and SEC supervision? > > jans > > > In a message dated 1/19/2002 8:02:27 PM Eastern Standard Time, > judgejimmy@web.de writes: > > << ts not only Anderson or Enron, its also laws that give the possibiltiy > to give EPS numbers that are so far away from the cash flow number, that > the EPS number does not represent "a true and fair view" of the current > situation > of the firm. You can not pay bills with EPS number, you only can pay > for personel and material if you generate enough cash flow to cover your > costs > and to reach a profit margin and to take care of investments in you business. > > A very good way to see quickly if the EPS Reporting is fair or not --> > > Check if the Cash Flow is above or at least equal to the EPS numbers > reported. > If it is even below, than its always good to be really critical ... > > Cash Flow Price Ratio should be always below the PE Ratio. A good sign is > if the Cash Flow to Price Ratio is half the PE Ratio (thats my rule of > thumb). > > Even better, use free cash flow (the money that is not needed even after > investments charged), > but this is not provided by any service I know ... > > I always wondered, why the investment community does not pay attention to > the differences > between both numbers (PE and PCF Ratio). > But as far I can tell, a low Price Cash flow Ratio, which is well below the > PE Ratio is > very seldem taken into account by the market and very seldem is used as > "fuel" to > price up the stock price. > > So I only get really cautious if the PCF Ratio is not below the PE Ratio. > > But with Enron, I gues, even this would not have helped, due to the fact > that they just reported > wrong numbers... > > See you > > Andreas > > > > -----Ursprungliche Nachricht----- > > Von: Dave Cameron [SMTP:dfcameron@yahoo.com] > > Gesendet am: Sunday, January 20, 2002 1:07 AM > > An: canslim@lists.xmission.com > > Betreff: [CANSLIM] Arthur Andersen > > > > > > --- Tom Worley wrote: > > Tom writes: > > > > > Is it coincidence that Arthur Andersen is Enron's consultant / > > > advisor / auditor, and was also doing some of the same for Sunbeam? > > > (some Sunbeam execs just settled a shareholder class action lawsuit > > > for $15 million so they can concentrate on defending themselves > > > against fraud charges by the SEC). Sure, I'll pay you guys $15 > > > really big ones, but, hey, I'm still not admitting I did anything > > > wrong with the company financial reports. Maybe we should be buying > > > shares in companies making shredders?? This is the third big > > > financial scandal in recent years involving Andersen, and now > > > leading to cries from Congress for governmental regulation of > > > accounting firms. Great idea, let the politicians who rarely can > > > balance a budget, and invented the concept of off-book accounting, > > > regulate the accountants. > > > > This makes me wonder how "good" the earnings figures we get really > > are. It seems logical that given the number of firms that Arthur > > Andersen serves as the accountants/auditors, there have to be more > > out there that are fraudulent - and someone is benefiting. > > > > Furthermore, is it likely this behavior is unique to just Andersen? > > > > I don't mean to sound like a conspiracy type; but it does give me a > > dose of cynicism that we have to be even more diligent in our > > research. Enron was rarely, if ever, a CANSLIM stock, but the lesson > > is valuable nonetheless. > > > > I suspect the Enron situation could change some legislation. There > > are some big name trustee types demanding an investigation. I blame > > Andersen more than Enron. Andersen is "supposed" to be impartial; > > hence the auditing requirements. > > >> > > - > -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. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: AW: [CANSLIM] LNY Date: 20 Jan 2002 17:12:20 +0100 The important part of my posting (since bold formating did not come through) --> ``Over the last five recessions, restaurants were the No. 1 performing sector starting at the recession-ending rally,'' Paul Westra, restaurant industry analyst, said in a research note. > -----Ursprungliche Nachricht----- > Von: Andreas Himmelreich [SMTP:judgejimmy@web.de] > Gesendet am: Sunday, January 20, 2002 2:47 AM > An: 'canslim@lists.xmission.com' > Betreff: AW: [CANSLIM] LNY > > RESEARCH ALERT-Robertson starts Landry's at ``strong buy'' > CHICAGO, Jan 18 (Reuters) - Robertson Stephens on Friday said it started > coverage of seafood restaurant operator Landry's Restaurants Inc. (NYSE:LNY > - news > ) with a ``strong buy'' rating and a $30 > 12-month price target, saying the firm is an emerging bellwether for the > restaurant industry. > > ``Over the last five recessions, restaurants were the No. 1 performing > sector starting at the recession-ending rally,'' Paul Westra, restaurant > industry analyst, said in a research note. > Landry's shares closed Thursday at $18.94 on the New York Stock Exchange. > > > > -----Ursprungliche Nachricht----- > > Von: Tom Worley [SMTP:stkguru@netside.net] > > Gesendet am: Sunday, January 20, 2002 2:31 AM > > An: canslim@lists.xmission.com > > Betreff: Re: [CANSLIM] LNY > > > > I see a lot of the restaurant stocks making new 12 month highs. A good > > indicator of economic recovery, IMO. > > > > Tom Worley > > stkguru@netside.net > > AIM: TexWorley > > ----- Original Message ----- > > From: "Andreas Himmelreich" > > To: > > Sent: Saturday, January 19, 2002 8:29 PM > > Subject: [CANSLIM] LNY > > > > > > > Nice BO for Friday ... > > > > > > - > > > -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. - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: cflo/ELTE: (was:Re: AW: [CANSLIM] Arthur Andersen) Date: 20 Jan 2002 10:13:01 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_00BE_01C1A19B.0AB32540 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable To add to Andreas' note. This is a great tie-in to the ELTE discussion. = If ELTE is aggressive about capitalizing expenses related to software = development, their EPS will look good but their cash flow will be lower = and tell the "real" story of money left after they pay for everything = year to year. An example of aggressive revenue reporting where EPS looked good (high = Rev's) but the cashflow told the story--MSTR (March 2000). They = aggressively reported deals as "revenues" even though they had no money = in hand. In this case, cash flow was again lower than EPS numbers. The = other way you can tell something is up is a high receivables number. A = quick check on ELTE shows receivables are 40% of revenues. This doesn't = necessarily mean they're "up" to anything, but should raise a yellow = flag when reviewing the financials or making comparisons year to year. Katherine ----- Original Message -----=20 From: Andreas Himmelreich=20 To: 'canslim@lists.xmission.com'=20 Sent: Sunday, January 20, 2002 10:06 AM Subject: AW: AW: [CANSLIM] Arthur Andersen Jans, cash-flow can be below EPS, since in order to derive you must add non-cash expenses (e.g. appreciation of a mashinery park) minus non cash income (e.g. "Goodwill") minus cash expenses that are not calculated in the earnings (like the=20 famous "one time" charges) plus cash income that are not calculated in the earnings (like "one = time"=20 income) The thing is that companies can very often choose totally legal if a = cash=20 income or cash expense reflects into EPS. The same for non cash income --> They can activate "Goodwill" or they = can=20 book it as EPS reflecting charges. So it gets dangerous if the Price Cash Flow Ratio is below the PE = Ratio,=20 because then the firms potentially uses the legal possiblity of choosing how to = book=20 their cash expenses in a way so they are not reflected in the earnings (e.g. a cash expense of the = EPS=20 Book) extensivly. Accountants refer this then as a unhealthy ballance sheet or = "aggresive"=20 reporting (Amazon is King here, they post an operative break even, which is useless because they have a negative Cash flow of = a=20 Dollar). You will not belive what you can reach legally with this "choosing=20 posibilities". I worked as a controller of a Chamber of Comerce and Industry (which = has=20 slight different reporting laws, but still you could "choose" a lot). The people controlling us (the members) had no clue on what hit them, = no=20 idea of the money the chamber really made (in this case much more then we reported, because we wanted to give the = impression,=20 that we are poor, so they did not have the idea of paying less fees). If they had questions you=20 simply answered in such a complicated way, so they gave up ... You can legally cook you earnings books, so you appear poorer or = richer. I=20 did not like this, so I decided to get another job ... Poorer is not very likely in these days due to the Raiders in the = 1980s=20 which bought poor looking companies that where acutally rich and sold them. Since this times everybody tries to = look=20 at least as rich as they are. I found 579 Firms where the PE is below the PCF Ratio = http://moneycentral.msn.com/investor/invsub/finder/finderx.asp?Query=3DSV= 1 =20 QF140Z05F215Z&Name=3DSearch2&Tickers=3D25 NYCB is a good example: PE 21 PCF 62,5 So the PCF is a very good indicator on how much a firm uses the OFF = BOOK=20 cash expenses. CASH FLOW REPORTING CAN NOT BE COOCKED LEGALLY. Another good way is to look on the taxes they pay. If the earnings are = high=20 and they do not pay taxes, there is a problem (this counts not for Israel Companies, due to the fact that they give huge = tax=20 breaks to their firms, especially in the first years of business). See you Andreas > -----Ursprungliche Nachricht----- > Von: Spencer48@aol.com [SMTP:Spencer48@aol.com] > Gesendet am: Sunday, January 20, 2002 4:16 AM > An: canslim@lists.xmission.com > Betreff: Re: AW: [CANSLIM] Arthur Andersen > > Dave, Andreas and Tom: > > Andreas: How can cash-flow be below EPS, since in order to = derive > cash-flow you must add non-cash expenses (like amortization expense, > and-possibly (see next paragraph as to why I am uncertain)-good-will = expense) > > On Wednesday or Thursday's CNBC show with Lawerence Kudlow at = 11PM=20 EST, > the show revolved around the Enron scandal. I thought I heard = mention=20 that > the Supervisory Board relating to Accounting Practices was doing = away=20 with > the balance sheet entry "Goodwill", but I thought it had already = been=20 done > away with several years ago? > > In any event, what baffles me is that just about everyone on = the > business news remarks on Enron's OFF BOOK ACCOUNTS, but I've heard = no one=20 on > any of these shows lambast anyone at Enron (or Anderson > who-putatively-audited them) who decided to go with off-book = accounting.=20 It > makes one wonder, how many public corporation have off-book entries? = It=20 also > makes one wonder if DGO, WON and IBD recognize these entries as=20 legitimate-or > if they are even aware of them? I guess the bottom line is: How=20 accurate is > an off-book entry, and does it accurately and legally reflect the > corporation's profit/loss statement, or is it instead a gambit a=20 corporation > uses to circumvent investment law and SEC supervision? > > jans > > > In a message dated 1/19/2002 8:02:27 PM Eastern Standard Time, > judgejimmy@web.de writes: > > << ts not only Anderson or Enron, its also laws that give the = possibiltiy > to give EPS numbers that are so far away from the cash flow number, = that > the EPS number does not represent "a true and fair view" of the = current > situation > of the firm. You can not pay bills with EPS number, you only can = pay > for personel and material if you generate enough cash flow to cover = your=20 > costs > and to reach a profit margin and to take care of investments in you = business. > > A very good way to see quickly if the EPS Reporting is fair or not = --> > > Check if the Cash Flow is above or at least equal to the EPS = numbers > reported. > If it is even below, than its always good to be really critical ... > > Cash Flow Price Ratio should be always below the PE Ratio. A good = sign=20 is > if the Cash Flow to Price Ratio is half the PE Ratio (thats my rule = of > thumb). > > Even better, use free cash flow (the money that is not needed even = after=20 > investments charged), > but this is not provided by any service I know ... > > I always wondered, why the investment community does not pay = attention=20 to > the differences > between both numbers (PE and PCF Ratio). > But as far I can tell, a low Price Cash flow Ratio, which is well = below=20 the > PE Ratio is > very seldem taken into account by the market and very seldem is = used as > "fuel" to > price up the stock price. > > So I only get really cautious if the PCF Ratio is not below the PE=20 Ratio. > > But with Enron, I gues, even this would not have helped, due to the = fact=20 > that they just reported > wrong numbers... > > See you > > Andreas > > > > -----Ursprungliche Nachricht----- > > Von: Dave Cameron [SMTP:dfcameron@yahoo.com] > > Gesendet am: Sunday, January 20, 2002 1:07 AM > > An: canslim@lists.xmission.com > > Betreff: [CANSLIM] Arthur Andersen > > > > > > --- Tom Worley wrote: > > Tom writes: > > > > > Is it coincidence that Arthur Andersen is Enron's consultant / > > > advisor / auditor, and was also doing some of the same for = Sunbeam? > > > (some Sunbeam execs just settled a shareholder class action = lawsuit > > > for $15 million so they can concentrate on defending themselves > > > against fraud charges by the SEC). Sure, I'll pay you guys $15 > > > really big ones, but, hey, I'm still not admitting I did = anything > > > wrong with the company financial reports. Maybe we should be = buying > > > shares in companies making shredders?? This is the third big > > > financial scandal in recent years involving Andersen, and now > > > leading to cries from Congress for governmental regulation of > > > accounting firms. Great idea, let the politicians who rarely = can > > > balance a budget, and invented the concept of off-book = accounting, > > > regulate the accountants. > > > > This makes me wonder how "good" the earnings figures we get = really > > are. It seems logical that given the number of firms that Arthur > > Andersen serves as the accountants/auditors, there have to be = more > > out there that are fraudulent - and someone is benefiting. > > > > Furthermore, is it likely this behavior is unique to just = Andersen? > > > > I don't mean to sound like a conspiracy type; but it does give me = a > > dose of cynicism that we have to be even more diligent in our > > research. Enron was rarely, if ever, a CANSLIM stock, but the = lesson > > is valuable nonetheless. > > > > I suspect the Enron situation could change some legislation. = There > > are some big name trustee types demanding an investigation. I = blame > > Andersen more than Enron. Andersen is "supposed" to be = impartial; > > hence the auditing requirements. > > >> > > - > -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. ------=_NextPart_000_00BE_01C1A19B.0AB32540 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
To add to Andreas' note. This is a great tie-in to the ELTE = discussion. If=20 ELTE is aggressive about capitalizing expenses related to software = development,=20 their EPS will look good but their cash flow will be lower and tell the = "real"=20 story of money left after they pay for everything year to year.
 
An example of aggressive revenue reporting where EPS looked good = (high=20 Rev's) but the cashflow told the story--MSTR (March 2000). They = aggressively=20 reported deals as "revenues" even though they had no money in hand. In = this=20 case, cash flow was again lower than EPS numbers. The other way you can = tell=20 something is up is a high receivables number. A quick check on ELTE = shows=20 receivables are 40% of revenues. This doesn't necessarily mean they're = "up" to=20 anything, but should raise a yellow flag when reviewing the financials = or making=20 comparisons year to year.
 
Katherine
----- Original Message -----
From:=20 Andreas = Himmelreich
Sent: Sunday, January 20, 2002 = 10:06=20 AM
Subject: AW: AW: [CANSLIM] = Arthur=20 Andersen

Jans,

cash-flow can be below EPS, since in order = to=20 derive you must

add non-cash expenses (e.g. appreciation of a = mashinery=20 park)
minus non cash income (e.g. "Goodwill")

minus cash = expenses=20 that are not calculated in the earnings (like the
famous "one = time"=20 charges)
plus cash income that are not calculated in the earnings = (like=20 "one time"
income)

The thing is that companies can very = often=20 choose totally legal if a cash
income or cash expense reflects = into=20 EPS.
The same for non cash income --> They can activate = "Goodwill" or=20 they can
book it as EPS reflecting charges.

So it gets = dangerous if=20 the Price Cash Flow Ratio is below the PE Ratio,
because = then
the firms=20 potentially uses the legal possiblity of choosing how to book =
their cash=20 expenses in a way
so they are not reflected in the earnings (e.g. a = cash=20 expense of the EPS
Book) extensivly.

Accountants refer this = then as=20 a unhealthy ballance sheet or "aggresive"
reporting (Amazon is = King here,=20 they post an operative
break even, which is useless because they = have a=20 negative Cash flow of a
Dollar).

You will not belive what = you can=20 reach legally with this "choosing
posibilities".

I worked = as a=20 controller of a Chamber of Comerce and Industry (which has
slight=20 different reporting laws, but still you could "choose" a lot).
The = people=20 controlling us (the members) had no clue on what hit them, no
idea = of the=20 money the chamber really made (in this
case much more then we = reported,=20 because we wanted to give the impression,
that we are poor, so = they
did=20 not have the idea of paying less fees). If they had questions you =
simply=20 answered in such a complicated way, so they gave up ...

You can = legally=20 cook you earnings books, so you appear poorer or richer. I
did not = like=20 this, so I decided to get another job ...
Poorer is not very likely = in=20 these days due to the Raiders in the 1980s
which bought poor = looking=20 companies that
where acutally rich and sold them. Since this times=20 everybody tries to look
at least as rich as they are.

I = found 579=20 Firms where the PE is below the PCF Ratio

http://moneycentral.msn.com/investor/invsub/finder/finderx.asp= ?Query=3DSV1 =20
QF140Z05F215Z&Name=3DSearch2&Tickers=3D25


NYCB = is a good=20 example:

PE  21
PCF 62,5

So the PCF is a very = good=20 indicator on how much a firm uses the OFF BOOK
cash = expenses.
CASH FLOW=20 REPORTING CAN NOT BE COOCKED LEGALLY.

Another good way is to = look on=20 the taxes they pay. If the earnings are high
and they do not pay = taxes,=20 there is a problem (this
counts not for Israel Companies, due to = the fact=20 that they give huge tax
breaks to their firms, especially in the = first=20 years of
business).

See you

Andreas


>=20 -----Ursprungliche Nachricht-----
> Von: Spencer48@aol.com=20 [SMTP:Spencer48@aol.com]
> Gesendet am: Sunday, January 20, 2002 = 4:16=20 AM
> An: canslim@lists.xmission.com=
>=20 Betreff: Re: AW: [CANSLIM] Arthur Andersen
>
> Dave, = Andreas and=20 Tom:
>
>      Andreas: How can = cash-flow=20 be below EPS, since in order to derive
> cash-flow you must add = non-cash=20 expenses (like amortization expense,
> and-possibly (see next = paragraph=20 as to why I am uncertain)-good-will=20
expense)
>
>      On = Wednesday or=20 Thursday's CNBC show with Lawerence Kudlow at 11PM
EST,
> = the show=20 revolved around the Enron scandal.  I thought I heard mention=20
that
> the Supervisory Board relating to Accounting = Practices was=20 doing away
with
> the balance sheet entry "Goodwill", but I = thought=20 it had already been
done
> away with several years=20 ago?
>
>      In any event, what = baffles=20 me is that just about everyone on the
> business news remarks on = Enron's=20 OFF BOOK ACCOUNTS, but I've heard no one
on
> any of these = shows=20 lambast anyone at Enron (or Anderson
> who-putatively-audited = them) who=20 decided to go with off-book accounting.
 It
> makes one = wonder,=20 how many public corporation have off-book entries?  It =
also
>=20 makes one wonder if DGO, WON and IBD recognize these entries as=20
legitimate-or
> if they are even aware of them?  I = guess the=20 bottom line is:  How
accurate is
> an off-book entry, = and does=20 it accurately and legally reflect the
> corporation's = profit/loss=20 statement, or is it instead a gambit a
corporation
> uses to = circumvent investment law and SEC supervision?
>
>=20 jans
>
>
> In a message dated 1/19/2002 8:02:27 PM = Eastern=20 Standard Time,
> judgejimmy@web.de = writes:
>
>=20 << ts not only Anderson or Enron, its also laws that give the=20 possibiltiy
>  to give EPS numbers that are so far away = from the=20 cash flow number, that
>  the EPS number does not represent = "a true=20 and fair view" of the current
> situation
>  of the = firm. You=20 can not pay bills with EPS number, you only can pay
>  for = personel=20 and material if you generate enough cash flow to cover your
>=20 costs
>  and to reach a profit margin and to take care of=20 investments in you
business.
>
>  A very good way = to see=20 quickly if the EPS Reporting is fair or not = -->
>
>  Check=20 if the Cash Flow is above or at least equal to the EPS numbers
> = reported.
>  If it is even below, than its always good to = be really=20 critical ...
>
>  Cash Flow Price Ratio should be = always=20 below the PE Ratio. A good sign
is
>  if the Cash Flow = to Price=20 Ratio is half the PE Ratio (thats my rule of
>=20 thumb).
>
>  Even better, use free cash flow (the = money that=20 is not needed even after
> investments charged),
>  = but this=20 is not provided by any service I know ...
>
>  I = always=20 wondered, why the investment community does not pay attention =
to
>=20 the differences
>  between both numbers (PE and PCF=20 Ratio).
>  But as far I can tell, a low Price Cash flow = Ratio,=20 which is well below
the
> PE Ratio is
>  very = seldem=20 taken into account by the market and very seldem is used as
> = "fuel"=20 to
>  price up the stock price.
>
>  So I = only get=20 really cautious if the PCF Ratio is not below the PE=20
Ratio.
>
>  But with Enron, I gues, even this = would not=20 have helped, due to the fact
> that they just = reported
> =20 wrong numbers...
>
>  See you
>
> =20 Andreas
>
>
>  > -----Ursprungliche=20 Nachricht-----
>  > Von: Dave Cameron=20 [SMTP:dfcameron@yahoo.com]
>  > Gesendet am: Sunday, = January 20,=20 2002 1:07 AM
>  > An:  canslim@lists.xmission.com=
> =20 > Betreff: [CANSLIM] Arthur Andersen
>  = >
> =20 >
>  > --- Tom Worley <stkguru@netside.net>=20 wrote:
>  > Tom writes:
>  >
>  = >=20 > Is it coincidence that Arthur Andersen is Enron's consultant=20 /
>  > > advisor / auditor, and was also doing some = of the=20 same for Sunbeam?
>  > > (some Sunbeam execs just = settled a=20 shareholder class action lawsuit
>  > > for $15 = million so=20 they can concentrate on defending themselves
>  > > = against=20 fraud charges by the SEC). Sure, I'll pay you guys $15
>  = > >=20 really big ones, but, hey, I'm still not admitting I did=20 anything
>  > > wrong with the company financial = reports.=20 Maybe we should be buying
>  > > shares in companies = making=20 shredders?? This is the third big
>  > > financial = scandal in=20 recent years involving Andersen, and now
>  > > = leading to=20 cries from Congress for governmental regulation of
>  > = >=20 accounting firms. Great idea, let the politicians who rarely = can
> =20 > > balance a budget, and invented the concept of off-book=20 accounting,
>  > > regulate the = accountants.
> =20 >
>  > This makes me wonder how "good" the earnings = figures=20 we get really
>  > are.  It seems logical that = given the=20 number of firms that Arthur
>  > Andersen serves as the=20 accountants/auditors, there have to be more
>  > out = there that=20 are fraudulent - and someone is benefiting.
>  = >
> =20 > Furthermore, is it likely this behavior is unique to just=20 Andersen?
>  >
>  > I don't mean to sound = like a=20 conspiracy type; but it does give me a
>  > dose of = cynicism=20 that we have to be even more diligent in our
>  >=20 research.  Enron was rarely, if ever, a CANSLIM stock, but the=20 lesson
>  > is valuable nonetheless.
> =20 >
>  > I suspect the Enron situation could change = some=20 legislation.   There
>  > are some big name = trustee=20 types demanding an investigation.   I blame
>  = >=20 Andersen more than Enron.    Andersen is "supposed" to = be=20 impartial;
>  > hence the auditing = requirements.
> =20 >  >>
>
> -
> -To = subscribe/unsubscribe, email=20 "majordomo@xmission.com"
>= ;=20 -In the email body, write "subscribe canslim" or
> -"unsubscribe = canslim".  Do not use quotes in your email.

-
-To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your email.
------=_NextPart_000_00BE_01C1A19B.0AB32540-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Bill Triffet" Subject: Re: [CANSLIM] Arthur Andersen... more OT. Date: 20 Jan 2002 15:24:29 -0800 ----- Original Message ----- Sent: Sunday, January 20, 2002 6:05 AM > I don't expect to see an outright prohibition of stock ownership in 401(k)s. One > possible compromise that I envision is a new requirement for 401(k) plan > administrators. Under this proposal, the 401(k) plan administrators would be > required to send periodic notices to employees whose stock holdings amounted to more > than XX% of the employee's 401(k) plan value. ??Periodic?? == quarterly, monthly, > weekly, daily, frequency COULD be made dependent on the percentage that the company > stock represented of account value. A list of employees whose holdings are above the > magic percentage number should be given to CEO/CFO. One point many folks miss is stock ownership is a requirement in many companys where there is a company paid matching amount. For instance, I worked for a privately held medical company a few years back that matched up to 4% of your salary to the 401(k) plan. It was a plan with many investment options. They were then bought out by St Jude Medical. Starting that year, they only contributed to the plan in the form of St Jude stock. You also were required to buy St Jude stock with as least 50% of your personal contribution in order to get the match! I then went to a Textron company. Same deal. I had to assign a minimum 50% of my personal contribution in order to receive a matching amount - that was only offered as Textron stock. ( this was at a time that TXT was headed down fast). In both cases. one could not transfer any funds out of the company stock into say money markets or mutual funds while an employee. This is the REAL problem with company stock ownership. -Bill Triffet - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] Arthur Andersen... more OT. Date: 20 Jan 2002 21:15:40 -0500 Bill, You provide a personal and very direct example of why a total prohibition against company stock in a 401K plan is needed. There will otherwise always be companies that will try to "match" using stock they just issued, instead of real money. These kinds of restrictions are a red flag in and of themselves. An employee already has a lot invested in a company by virtue of his or her salary. It is asking too much to also require that they put their retirement dollars into company stock. If they are convinced that the stock is a great investment, they can always buy some on the open market. But their retirement account needs some independence, and distance. This is much like an executive that takes part of the compensation in the form of stock options. Exercising those options is fine, as it permits diversification. It is not safe, smart or sensible to have all of ones eggs in the same basket. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message ----- Sent: Sunday, January 20, 2002 6:24 PM > > ----- Original Message ----- > From: "Robert Gammon" > To: > Sent: Sunday, January 20, 2002 6:05 AM > Subject: Re: [CANSLIM] Arthur Andersen > > > > I don't expect to see an outright prohibition of stock ownership in > 401(k)s. One > > possible compromise that I envision is a new requirement for 401(k) plan > > administrators. Under this proposal, the 401(k) plan administrators would > be > > required to send periodic notices to employees whose stock holdings > amounted to more > > than XX% of the employee's 401(k) plan value. ??Periodic?? == quarterly, > monthly, > > weekly, daily, frequency COULD be made dependent on the percentage that > the company > > stock represented of account value. A list of employees whose holdings > are above the > > magic percentage number should be given to CEO/CFO. > > One point many folks miss is stock ownership is a requirement in many > companys where there is a company paid matching amount. > > For instance, I worked for a privately held medical company a few years back > that matched up to 4% of your salary to the 401(k) plan. It was a plan with > many investment options. They were then bought out by St Jude Medical. > Starting that year, they only contributed to the plan in the form of St Jude > stock. You also were required to buy St Jude stock with as least 50% of your > personal contribution in order to get the match! > > I then went to a Textron company. Same deal. I had to assign a minimum 50% > of my personal contribution in order to receive a matching amount - that was > only offered as Textron stock. ( this was at a time that TXT was headed down > fast). > > In both cases. one could not transfer any funds out of the company stock > into say money markets or mutual funds while an employee. This is the REAL > problem with company stock ownership. > > -Bill Triffet > > > > - > -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. ------------------------------------------------------------------------------- From: "Scott Gettis" Subject: [CANSLIM] bvas Date: 20 Jan 2002 16:21:39 -0800 This is a multi-part message in MIME format. ------=_NextPart_000_0064_01C1A1CE.8A254DC0 Content-Type: multipart/alternative; boundary="----=_NextPart_001_0065_01C1A1CE.8A254DC0" ------=_NextPart_001_0065_01C1A1CE.8A254DC0 Content-Type: text/plain; charset="Windows-1252" Content-Transfer-Encoding: 7bit As I was doing my weekly screen, one stock that appears interesting is bvas. Seems to be emerging from a cup and handle formation. Volume has pick up last couple of days. Although it only has an eps of 70, it seems to have excellent fundamental, and rising RS. RS line has actually increased throughout handle. I am attaching the chart I made. ------=_NextPart_001_0065_01C1A1CE.8A254DC0 Content-Type: text/html; charset="Windows-1252" Content-Transfer-Encoding: quoted-printable
As I=20 was doing my weekly screen, one stock that appears interesting is = bvas. =20 Seems to be emerging from a cup and handle formation.  Volume has = pick up=20 last couple of days.  Although it only has an eps of 70, it seems = to have=20 excellent fundamental, and rising RS.  RS line has actually = increased=20 throughout handle.  I am attaching the chart I=20 made.
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Do not use quotes in your email. ------------------------------------------------------------------------------- From: Vanchee1@aol.com Subject: [CANSLIM] JJSF Date: 21 Jan 2002 13:59:41 EST --part1_143.8308997.297dbf1d_boundary Content-Type: text/plain; charset="US-ASCII" Content-Transfer-Encoding: 7bit JJSF 90/82 A, Looking at a small cup in Sept. with about a 14 or 15 week handle, appears to me might be ready for a breakout. Very good fundies, book value, almost no dept., last qtr earnings of .72 v .41, might be worth watching, earning will be released the morning of 1-23. Chris --part1_143.8308997.297dbf1d_boundary Content-Type: text/html; charset="US-ASCII" Content-Transfer-Encoding: 7bit JJSF 90/82 A, Looking at a small cup in Sept. with about a 14 or 15 week handle, appears to me might be ready for a breakout. Very good fundies, book value, almost no dept., last qtr earnings of .72 v .41, might be worth watching, earning will be released the morning of 1-23.

Chris --part1_143.8308997.297dbf1d_boundary-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] bvas Date: 21 Jan 2002 15:03:45 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_0012_01C1A28C.D2BC6E10 Content-Type: text/plain; charset="Windows-1252" Content-Transfer-Encoding: quoted-printable Hi Scott, One of the things important to me when buying low priced small cap = stocks is Management ownership. I note on this one that this is only 9%, = which is too low for me. Based on the sequential earnings, I would also question the 27 cent = forecast for the current year. I would want to dig into the 10K to see = if I agreed with that strong a forecast. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Scott Gettis=20 To: canslim@lists.xmission.com=20 Sent: Sunday, January 20, 2002 7:21 PM Subject: [CANSLIM] bvas As I was doing my weekly screen, one stock that appears interesting is = bvas. Seems to be emerging from a cup and handle formation. Volume has = pick up last couple of days. Although it only has an eps of 70, it = seems to have excellent fundamental, and rising RS. RS line has = actually increased throughout handle. I am attaching the chart I made. ------=_NextPart_000_0012_01C1A28C.D2BC6E10 Content-Type: text/html; charset="Windows-1252" Content-Transfer-Encoding: quoted-printable
Hi Scott,
 
One of the things important to me when buying = low priced=20 small cap stocks is Management ownership. I note on this one that this = is only=20 9%, which is too low for me.
 
Based on the sequential earnings, I would also = question=20 the 27 cent forecast for the current year. I would want to dig into the = 10K to=20 see if I agreed with that strong a forecast.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Scott = Gettis=20
Sent: Sunday, January 20, 2002 = 7:21=20 PM
Subject: [CANSLIM] bvas

As I=20 was doing my weekly screen, one stock that appears interesting is = bvas. =20 Seems to be emerging from a cup and handle formation.  Volume has = pick up=20 last couple of days.  Although it only has an eps of 70, it seems = to have=20 excellent fundamental, and rising RS.  RS line has actually = increased=20 throughout handle.  I am attaching the chart I=20 made.
------=_NextPart_000_0012_01C1A28C.D2BC6E10-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] JJSF Date: 21 Jan 2002 15:14:39 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_001C_01C1A28E.587E9130 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Chris, DGO shows debt of 19%, which seems high for this kind of business. I am also having a problem with the earnings. For the past two years, = the quarters ending June and September show substantial increase in = sales, with huge increase in earnings (from 4 cents on $76.8 million = sales to 65 cents on $101 million). I have seen earnings efficiencies on = higher sales, but the change here exceeds what I would expect. And I can = see no obvious reason for such seasonal changes. Looking at cash flow ($5.28) to last full year of earnings ($1.36), this = also seems too much of an extreme. Combine that with a ROE of only 9%, = and I would investigate the true earnings more carefully. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Vanchee1@aol.com=20 To: canslim@lists.xmission.com=20 Sent: Monday, January 21, 2002 1:59 PM Subject: [CANSLIM] JJSF JJSF 90/82 A, Looking at a small cup in Sept. with about a 14 or 15 = week handle, appears to me might be ready for a breakout. Very good = fundies, book value, almost no dept., last qtr earnings of .72 v .41, = might be worth watching, earning will be released the morning of 1-23.=20 Chris=20 ------=_NextPart_000_001C_01C1A28E.587E9130 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Chris,
 
DGO shows debt of 19%, which seems high for this = kind of=20 business.
 
I am also having a problem with the earnings. = For the past=20 two years, the quarters ending June and September show substantial = increase in=20 sales, with huge increase in earnings (from 4 cents on $76.8 million = sales to 65=20 cents on $101 million). I have seen earnings efficiencies on higher = sales, but=20 the change here exceeds what I would expect. And I can see no obvious = reason for=20 such seasonal changes.
 
Looking at cash flow ($5.28) to last full year = of earnings=20 ($1.36), this also seems too much of an extreme. Combine that with a ROE = of only=20 9%, and I would investigate the true earnings more = carefully.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Vanchee1@aol.com=20
Sent: Monday, January 21, 2002 = 1:59=20 PM
Subject: [CANSLIM] JJSF

JJSF = 90/82 A,=20 Looking at a small cup in Sept. with about a 14 or 15 week handle, = appears=20 to me might be ready for a breakout. Very good fundies, book value, = almost no=20 dept., last qtr earnings of .72 v .41, might be worth watching, = earning will=20 be released the morning of 1-23.

Chris=20
------=_NextPart_000_001C_01C1A28E.587E9130-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Vanchee1@aol.com Subject: Re: [CANSLIM] JJSF Date: 21 Jan 2002 15:23:24 EST --part1_95.163e753b.297dd2bc_boundary Content-Type: text/plain; charset="US-ASCII" Content-Transfer-Encoding: 7bit Tom, I know they have made numerous acquisitions over the past few years, maybe the synergies might have been extremely beneficial to the bottom line, after all there is only 8 mil shares outstanding. --part1_95.163e753b.297dd2bc_boundary Content-Type: text/html; charset="US-ASCII" Content-Transfer-Encoding: 7bit Tom, I know they have made numerous acquisitions over the past few years, maybe the synergies might have been extremely beneficial to the bottom line, after all there is only 8 mil shares outstanding. --part1_95.163e753b.297dd2bc_boundary-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] JJSF Date: 21 Jan 2002 15:39:38 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_004C_01C1A291.D6193B60 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable That wouldn't explain the cyclic nature of their sales, nor the other = extremes I noted. If there was a monster increase in sales and earnings, = which was then sustained, that would make sense. But not two quarters = huge, and two qtrs ok, and the same qtrs in two consecutive years. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Vanchee1@aol.com=20 To: canslim@lists.xmission.com=20 Sent: Monday, January 21, 2002 3:23 PM Subject: Re: [CANSLIM] JJSF Tom, I know they have made numerous acquisitions over the past few = years, maybe the synergies might have been extremely beneficial to the = bottom line, after all there is only 8 mil shares outstanding.=20 ------=_NextPart_000_004C_01C1A291.D6193B60 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
That wouldn't explain the cyclic nature of their = sales,=20 nor the other extremes I noted. If there was a monster increase in sales = and=20 earnings, which was then sustained, that would make sense. But not two = quarters=20 huge, and two qtrs ok, and the same qtrs in two consecutive = years.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Vanchee1@aol.com=20
Sent: Monday, January 21, 2002 = 3:23=20 PM
Subject: Re: [CANSLIM] = JJSF

Tom, I know = they have=20 made numerous acquisitions over the past few years, maybe the = synergies might=20 have been extremely beneficial to the bottom line, after all there is = only 8=20 mil shares outstanding.
------=_NextPart_000_004C_01C1A291.D6193B60-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] DFXI vs. JEC--Faulty handle? Date: 21 Jan 2002 15:52:28 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_005C_01C1A293.A0C40E20 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi Katherine, I have trouble calling the handle on either one of these "faulty", = despite the wisdom of IBD. On JEC, the only flaw I see is that there never was a b/o on at least 2X = ADV. In fact, it was moving past the pivot on little more than ADV. You = have to go all the way out to 12/12 and 12/13, when it dropped over = $2.50, then rose again by as much, to find heavy volume. On DFXI, you got nearly 2X ADV volume on 1/8, and well over that as it = crossed the pivot on 1/9. Since it still has not fallen below the pivot = (at least not where a trailing stop loss would have taken most out), I = don't consider this yet to be a failed pattern, thus in my definition, = nothing faulty about the handle. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Sunday, January 20, 2002 8:50 AM Subject: [CANSLIM] DFXI vs. JEC--Faulty handle? DFXI's chart has been bothering me for some time. An Investor's Corner = article dated 12/17/01 used JEC as an example of a "zig-zag" faulty = handle. What do you think, could DFXI have the same faulty handle?=20 http://WallStreet-LLC.com/pub/DFXI_011802.jpg http://WallStreet-LLC.com/pub/JEC_011802.jpg Katherine ------=_NextPart_000_005C_01C1A293.A0C40E20 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Hi Katherine,
 
I have trouble calling the handle on either one = of these=20 "faulty", despite the wisdom of IBD.
 
On JEC, the only flaw I see is that there never = was a b/o=20 on at least 2X ADV. In fact, it was moving past the pivot on little more = than=20 ADV. You have to go all the way out to 12/12 and 12/13, when it dropped = over=20 $2.50, then rose again by as much, to find heavy volume.
 
On DFXI, you got nearly 2X ADV volume on 1/8, = and well=20 over that as it crossed the pivot on 1/9. Since it still has not fallen = below=20 the pivot (at least not where a trailing stop loss would have taken most = out), I=20 don't consider this yet to be a failed pattern, thus in my definition, = nothing=20 faulty about the handle.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Katherine=20 Malm
Sent: Sunday, January 20, 2002 = 8:50=20 AM
Subject: [CANSLIM] DFXI vs. = JEC--Faulty=20 handle?

DFXI's chart has been bothering me for some time. An Investor's = Corner=20 article dated 12/17/01 used JEC as an example of a "zig-zag" faulty = handle.=20 What do you think, could DFXI have the same faulty handle?
 
http://WallStreet-= LLC.com/pub/DFXI_011802.jpg
http://WallStreet-L= LC.com/pub/JEC_011802.jpg
 
Katherine
------=_NextPart_000_005C_01C1A293.A0C40E20-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: [CANSLIM] Off Topic - KMart Date: 21 Jan 2002 15:58:21 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_006D_01C1A294.732DDE90 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Just caught a story off Reuters, Fleming has halted grocery shipments to = KM due failure to make the latest weekly payment. Fleming is the sole = grocery supplier to KM, and is also seeking to reclaim $78 million worth = of goods shipped, but not paid for. Scott's has also suspended shipments apparently for the same reason. Tom Worley stkguru@netside.net AIM: TexWorley ------=_NextPart_000_006D_01C1A294.732DDE90 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Just caught a story off Reuters, Fleming has = halted=20 grocery shipments to KM due failure to make the latest weekly payment. = Fleming=20 is the sole grocery supplier to KM, and is also seeking to reclaim $78 = million=20 worth of goods shipped, but not paid for.
 
Scott's has also suspended shipments apparently = for the=20 same reason.
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
------=_NextPart_000_006D_01C1A294.732DDE90-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "stock oper8or" Subject: Re: [CANSLIM] DFXI vs. JEC--Faulty handle? Date: 22 Jan 2002 00:34:11 +0000 I thought DFXI looked somewhat sloppy in the handle but not enough to preculde its purchase: There were 5 down days on above average volume, the pattern was wide and loose, never really formed a downward wedge and the volume did not really "dry up". One of the best indicators of a chart's quality is its weekly chart. I believe you want to see what looks like a real handle in the weekly chart. On the weekly of DFXI you can see the wide action of the handle and it never really looked like a classic handle, but more like a pennant or triangle. Neverthess the breakout was very strong, gapping out on more than double average daily volume. It could be argued that the strength of the breakout outweighed the imperfect action in the handle. All in all, this was not a perfect chart but was probably worth buying as it had such strong qualities other than the non-ideal price-volume action in the handle. While it has given back all its gains plus a little bit, it is still holding right in the pivot area. If it holds at the lows of the past 2 days, I would say it is worth holding. If I owned it (which I don't), I would put my stop pretty close to those intraday lows. By comparison JEC (during October) was so wide and loose that even though it's "handle?" was downward sloping and the volume did dry up from Oct 18-20, the action was just not constructive whatsoever. There was as much or more down volume as up volume coming up the right side and the stock had multiple intraday reversals on above average volume. When it did try to "break out" the volume barely exceeded average. This was definitely not a buy by any stretch of the imagination. >From: "Katherine Malm" >Reply-To: canslim@lists.xmission.com >To: >Subject: [CANSLIM] DFXI vs. JEC--Faulty handle? >Date: Sun, 20 Jan 2002 07:50:53 -0600 > >DFXI's chart has been bothering me for some time. An Investor's Corner >article dated 12/17/01 used JEC as an example of a "zig-zag" faulty handle. >What do you think, could DFXI have the same faulty handle? > >http://WallStreet-LLC.com/pub/DFXI_011802.jpg >http://WallStreet-LLC.com/pub/JEC_011802.jpg > >Katherine _________________________________________________________________ Send and receive Hotmail on your mobile device: http://mobile.msn.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. ------------------------------------------------------------------------------- From: "stock oper8or" Subject: Re: [CANSLIM] bvas Date: 22 Jan 2002 00:45:04 +0000 I have seen this stock also showing up on cwhCharts.com. It looks interesting to me, but here are my two cents: The only (minor) negatives I see in this chart are that the price-volume action has not been extremely positive since forming the pivot point. In other words, the ratio of rising days with above average volume to down days with above average volume since the right side of the cup began forming has not been very high. The down volume in the first few days of the handle (12/4-12/6) was pretty heavy. Since then the volume has indeed dried up, but the upward wedging action of the handle between 12/7 and 1/8 was not very constructive. Nevertheless the selloff to the lowest low in the handle on 1/14, making the handle now "downward wedging", on light volume, and the ensuing strong rising volume the past 3 days has been constructive. Also the fact that this stock has formed a long handle is positive. All in all I would say this chart is generally worthy. (Note that Investors.com gives it a technical rating of 73 which is consistent with a decent but not perfect chart. Also note that Investors.com calculates the up/down volume ratio of 1.1 consistent with the fact that price-volume action in the past 50 days has been only slightly positive. While this stock might work, based strictly on its own merits I would say look for stronger candidates. However since it is in a strong group, ranked 28 out of 193 groups, the rising tide of the group may lift this boat as well.) The pivot point as defined by drawing a trend line from the peak at the left side of the cup through the peak at the right side was pierced today and the stock closed at its high on the day on nearly 2X average daily volume. I believe this qualifies as a breakout. >From: "Scott Gettis" >Reply-To: canslim@lists.xmission.com >To: >Subject: [CANSLIM] bvas >Date: Sun, 20 Jan 2002 16:21:39 -0800 > >As I was doing my weekly screen, one stock that appears interesting is >bvas. >Seems to be emerging from a cup and handle formation. Volume has pick up >last couple of days. Although it only has an eps of 70, it seems to have >excellent fundamental, and rising RS. RS line has actually increased >throughout handle. I am attaching the chart I made. ><< bvas.jpg >> _________________________________________________________________ MSN Photos is the easiest way to share and print your photos: http://photos.msn.com/support/worldwide.aspx - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Spencer48@aol.com Subject: Re: [CANSLIM] bvas Date: 21 Jan 2002 20:21:45 EST Stockoper8or: Nice analysis. Also, to add to (or confirm) your belief that Friday's price closed above the BO point: Notice that the RS line is above the Right lip of the cup (ie., where the Handle begins). jans In a message dated 1/21/2002 7:46:16 PM Eastern Standard Time, stockoper8or@hotmail.com writes: << I have seen this stock also showing up on cwhCharts.com. It looks interesting to me, but here are my two cents: The only (minor) negatives I see in this chart are that the price-volume action has not been extremely positive since forming the pivot point. In other words, the ratio of rising days with above average volume to down days with above average volume since the right side of the cup began forming has not been very high. The down volume in the first few days of the handle (12/4-12/6) was pretty heavy. Since then the volume has indeed dried up, but the upward wedging action of the handle between 12/7 and 1/8 was not very constructive. Nevertheless the selloff to the lowest low in the handle on 1/14, making the handle now "downward wedging", on light volume, and the ensuing strong rising volume the past 3 days has been constructive. Also the fact that this stock has formed a long handle is positive. All in all I would say this chart is generally worthy. (Note that Investors.com gives it a technical rating of 73 which is consistent with a decent but not perfect chart. Also note that Investors.com calculates the up/down volume ratio of 1.1 consistent with the fact that price-volume action in the past 50 days has been only slightly positive. While this stock might work, based strictly on its own merits I would say look for stronger candidates. However since it is in a strong group, ranked 28 out of 193 groups, the rising tide of the group may lift this boat as well.) The pivot point as defined by drawing a trend line from the peak at the left side of the cup through the peak at the right side was pierced today and the stock closed at its high on the day on nearly 2X average daily volume. I believe this qualifies as a breakout. >> - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Mike Hofmann" Subject: [CANSLIM] My Market Guide CANSLIM screen Date: 21 Jan 2002 22:37:34 -0800 This is a multi-part message in MIME format. ------=_NextPart_000_033F_01C1A2CC.3851D640 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable All, I've been playing around with Market Guide quite a bit the past few = weeks. I built a screen that I thought would yield a list of CANSLIM = candidates for further research. Here are my screening criteria and the = number of stocks left after each (Market Guide has 9385 companies in its = database): Criteria Results=20 1 {EPS%ChgPYQ}>=3D25 1103=20 2 {Sales%ChgPYQ}>=3D25 310=20 3 {EPS%ChgPYQ}>{EPS%ChgTTM}.AND.{EPS%ChgTTM}>0 103=20 4 {EPS5YCGr%}>=3D25 33=20 5 {EPS3YCGr%}>=3D25 16=20 6 {ShsOutMR}<=3D25 6=20 7 {Price}>=3D10 4=20 I was disappointed that my screen only left me with 4 stocks, one of = which is in deep doo-doo with the SEC (CHEZ). I think the shorthand = should be decipherable, but just in case it's not: EPS%ChgPYQ =3D Quarter over Quarter % Change in EPS Sales%ChgPYQ =3D Quarter over Quarter % Change in Sales EPS%ChgTTM =3D Trailing twelve months % Change in EPS from previous TTM EPS5YCGr% =3D EPS 5-year growth rate (%) EPS3YCGr% =3D EPS 3-year growth rate (%) ShsOutMR =3D Shares outstanding (mill.) The 3rd criterion was my attempt to seek companies with recently = increasing earnings. I think these criteria are true to CANSLIM as taught by WON/IBD, no? In = fact, I think WON recommends a share price cut-off of 15 instead of the = 10 I'm using. If I relax all of the % Change criteria from 25 to 20, I = get 5 more companies. Assuming my criteria are truly CANSLIMish, I = suppose it means that CANSLIMmers should be on the sidelines at least = until this round of earnings reports comes in. btw, the other 3 stocks (besides CHEZ) that meet the 25% criteria are = ACRT, MGAM & TARO. The additional 5 that meet the 20% growth criteria = are DKWD, ICUI, MINI, PENN & SCOR. Please tell me if/where I'm missing the boat here. Thanks, Mike ------=_NextPart_000_033F_01C1A2CC.3851D640 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
All,
 
I've been playing around with Market = Guide quite a=20 bit the past few weeks. I built a screen that I thought would yield a = list of=20 CANSLIM candidates for further research. Here are my screening criteria = and the=20 number of stocks left after each (Market Guide has 9385 companies in its = database):
 
   Criteria Results
 1  {EPS%ChgPYQ}>=3D25  1103
 2  {Sales%ChgPYQ}>=3D25  310
 3  {EPS%ChgPYQ}>{EPS%ChgTTM}.AND.{EPS%ChgTTM}>0=20  103
 4  {EPS5YCGr%}>=3D25  33
 5  {EPS3YCGr%}>=3D25  16
 6  {ShsOutMR}<=3D25  6
 7  {Price}>=3D10  4
<= /DIV>
 
I was disappointed that my screen only = left me with=20 4 stocks, one of which is in deep doo-doo with the SEC (CHEZ). I think = the=20 shorthand should be decipherable, but just in case it's = not:
 
EPS%ChgPYQ =3D Quarter over Quarter % = Change in=20 EPS
Sales%ChgPYQ =3D Quarter over Quarter = % Change in=20 Sales
EPS%ChgTTM =3D Trailing twelve months = % Change in=20 EPS from previous TTM
EPS5YCGr% =3D EPS 5-year growth rate=20 (%)
EPS3YCGr% =3D EPS 3-year growth rate=20 (%)
ShsOutMR =3D Shares outstanding=20 (mill.)
 
The 3rd criterion was my attempt to = seek companies=20 with recently increasing earnings.
 
I think these criteria are true to = CANSLIM as=20 taught by WON/IBD, no? In fact, I think WON recommends a share price = cut-off of=20 15 instead of the 10 I'm using. If I relax all of the % Change criteria = from 25=20 to 20, I get 5 more companies. Assuming my criteria are truly = CANSLIMish, I=20 suppose it means that CANSLIMmers should be on the sidelines at least = until this=20 round of earnings reports comes in.
 
btw, the other 3 stocks (besides CHEZ) = that meet=20 the 25% criteria are ACRT, MGAM & TARO. The additional 5 that meet = the 20%=20 growth criteria are DKWD, ICUI, MINI, PENN & SCOR.
 
Please tell me if/where I'm missing the = boat=20 here.
 
Thanks,
Mike
------=_NextPart_000_033F_01C1A2CC.3851D640-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] My Market Guide CANSLIM screen Date: 22 Jan 2002 02:41:36 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_0016_01C1A2EE.4FD108A0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi Mike, I would say you are very much in the boat. I would suggest some minor = changes: drop the 5 year earnings growth criteria (since you already = also have a 3 year criteria), and increase max shares to 50 million. I = would also use only a 20% earnings increase, or maybe even a little = less, like 18 or 16%. I would not screen on 5 year earnings growth because you may miss many = nice companies that have only done well on a shorter time frame. You can = always examine the five year history, and make a human decision. I would = use a lower earnings growth rate (than 25%) because we are in a = recession, and business is tough for many. The higher the criteria, the = more likely you are to get ones with very weak earnings a year or two = ago, and the more likely you are to miss the ones still growing well, = but slowed by the recession. These changes may open up your results to some larger companies, hence = the suggestion to go to 50 million shares. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Mike Hofmann=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, January 22, 2002 1:37 AM Subject: [CANSLIM] My Market Guide CANSLIM screen All, I've been playing around with Market Guide quite a bit the past few = weeks. I built a screen that I thought would yield a list of CANSLIM = candidates for further research. Here are my screening criteria and the = number of stocks left after each (Market Guide has 9385 companies in its = database): Criteria Results=20 1 {EPS%ChgPYQ}>=3D25 1103=20 2 {Sales%ChgPYQ}>=3D25 310=20 3 {EPS%ChgPYQ}>{EPS%ChgTTM}.AND.{EPS%ChgTTM}>0 103=20 4 {EPS5YCGr%}>=3D25 33=20 5 {EPS3YCGr%}>=3D25 16=20 6 {ShsOutMR}<=3D25 6=20 7 {Price}>=3D10 4=20 I was disappointed that my screen only left me with 4 stocks, one of = which is in deep doo-doo with the SEC (CHEZ). I think the shorthand = should be decipherable, but just in case it's not: EPS%ChgPYQ =3D Quarter over Quarter % Change in EPS Sales%ChgPYQ =3D Quarter over Quarter % Change in Sales EPS%ChgTTM =3D Trailing twelve months % Change in EPS from previous = TTM EPS5YCGr% =3D EPS 5-year growth rate (%) EPS3YCGr% =3D EPS 3-year growth rate (%) ShsOutMR =3D Shares outstanding (mill.) The 3rd criterion was my attempt to seek companies with recently = increasing earnings. I think these criteria are true to CANSLIM as taught by WON/IBD, no? = In fact, I think WON recommends a share price cut-off of 15 instead of = the 10 I'm using. If I relax all of the % Change criteria from 25 to 20, = I get 5 more companies. Assuming my criteria are truly CANSLIMish, I = suppose it means that CANSLIMmers should be on the sidelines at least = until this round of earnings reports comes in. btw, the other 3 stocks (besides CHEZ) that meet the 25% criteria are = ACRT, MGAM & TARO. The additional 5 that meet the 20% growth criteria = are DKWD, ICUI, MINI, PENN & SCOR. Please tell me if/where I'm missing the boat here. Thanks, Mike ------=_NextPart_000_0016_01C1A2EE.4FD108A0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Hi Mike,
 
I would say you are very much in the boat. I = would=20 suggest some minor changes: drop the 5 year earnings growth = criteria=20 (since you already also have a 3 year criteria), and increase max shares = to 50=20 million. I would also use only a 20% earnings increase, or maybe even a = little=20 less, like 18 or 16%.
 
I would not screen on 5 year earnings growth = because you=20 may miss many nice companies that have only done well on a shorter time = frame.=20 You can always examine the five year history, and make a human decision. = I would=20 use a lower earnings growth rate (than 25%) because we are in a = recession, and=20 business is tough for many. The higher the criteria, the more likely you = are to=20 get ones with very weak earnings a year or two ago, and the more likely = you are=20 to miss the ones still growing well, but slowed by the = recession.
 
These changes may open up your results to some = larger=20 companies, hence the suggestion to go to 50 million shares.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Mike=20 Hofmann
Sent: Tuesday, January 22, 2002 = 1:37=20 AM
Subject: [CANSLIM] My Market = Guide=20 CANSLIM screen

All,
 
I've been playing around with Market = Guide quite=20 a bit the past few weeks. I built a screen that I thought would yield = a list=20 of CANSLIM candidates for further research. Here are my screening = criteria and=20 the number of stocks left after each (Market Guide has 9385 companies = in its=20 database):
 
   Criteria Results
 1  {EPS%ChgPYQ}>=3D25  1103
 2  {Sales%ChgPYQ}>=3D25  310
 3  {EPS%ChgPYQ}>{EPS%ChgTTM}.AND.{EPS%ChgTTM}>0=20  103
 4  {EPS5YCGr%}>=3D25  33
 5  {EPS3YCGr%}>=3D25  16
 6  {ShsOutMR}<=3D25  6
 7  {Price}>=3D10  4
<= /DIV>
 
I was disappointed that my screen = only left me=20 with 4 stocks, one of which is in deep doo-doo with the SEC (CHEZ). I = think=20 the shorthand should be decipherable, but just in case it's = not:
 
EPS%ChgPYQ =3D Quarter over Quarter = % Change in=20 EPS
Sales%ChgPYQ =3D Quarter over = Quarter % Change in=20 Sales
EPS%ChgTTM =3D Trailing twelve = months % Change in=20 EPS from previous TTM
EPS5YCGr% =3D EPS 5-year growth = rate=20 (%)
EPS3YCGr% =3D EPS 3-year growth = rate=20 (%)
ShsOutMR =3D Shares outstanding=20 (mill.)
 
The 3rd criterion was my attempt to = seek=20 companies with recently increasing earnings.
 
I think these criteria are true to = CANSLIM as=20 taught by WON/IBD, no? In fact, I think WON recommends a share price = cut-off=20 of 15 instead of the 10 I'm using. If I relax all of the % Change = criteria=20 from 25 to 20, I get 5 more companies. Assuming my criteria are truly=20 CANSLIMish, I suppose it means that CANSLIMmers should be on the = sidelines at=20 least until this round of earnings reports comes in.
 
btw, the other 3 stocks (besides = CHEZ) that meet=20 the 25% criteria are ACRT, MGAM & TARO. The additional 5 that meet = the 20%=20 growth criteria are DKWD, ICUI, MINI, PENN & SCOR.
 
Please tell me if/where I'm missing = the boat=20 here.
 
Thanks,
Mike
------=_NextPart_000_0016_01C1A2EE.4FD108A0-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: [CANSLIM] Off Topic - KMart again Date: 22 Jan 2002 04:05:09 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_0036_01C1A2F9.FB60DC30 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable looks like more suppliers have suspended shipments, and speculation is = that KM will file bankruptcy later today. Speculation also that they will close 250 to 500 stores. Tom Worley stkguru@netside.net AIM: TexWorley ------=_NextPart_000_0036_01C1A2F9.FB60DC30 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
looks like more suppliers have suspended = shipments, and=20 speculation is that KM will file bankruptcy later today.
 
Speculation also that they will close 250 to 500 = stores.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
------=_NextPart_000_0036_01C1A2F9.FB60DC30-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: AW: [CANSLIM] Off Topic - KMart Date: 22 Jan 2002 01:38:26 +0100 Its over, otherwise they would have stated something else ... > -----Ursprungliche Nachricht----- > Von: Tom Worley [SMTP:stkguru@netside.net] > Gesendet am: Monday, January 21, 2002 9:58 PM > An: canslim@lists.xmission.com > Betreff: [CANSLIM] Off Topic - KMart > > Just caught a story off Reuters, Fleming has halted grocery shipments to KM due failure to make the latest weekly payment. Fleming is the sole grocery supplier to KM, and is also seeking to reclaim $78 million worth of goods shipped, but not paid for. > > Scott's has also suspended shipments apparently for the same reason. > Tom Worley > stkguru@netside.net > AIM: TexWorley > << Datei: ATT00008.htm >> - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: [CANSLIM] KMart vs Enron Date: 22 Jan 2002 11:27:45 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_0015_01C1A337.D033A9A0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Today's bankruptcy filing by KMart opens a lot of questions, starting = with which will be the bigger story, KM or ENE? Both are huge bankruptcies, ENE likely to remain the biggest, but KM is = the largest by a retailer. And with over 2,100 brick and mortar stores, = many of which will likely be closed, going to have a significant impact = on employment. ENE died because of financial shenanigans and corrupt insider deals, = lots of lies and plenty of places to put the blame, including on the = auditors. KM will likely survive, but take a year or more, and emerge as much = smaller and less competitive. Since it already proved it cannot stand = against Walmart and Target, questionable in my mind what it can do = differently as a smaller retail chain. Was this only stiff competition = in a recession, or poor management as well? With KM down 54% just for today, and 94% since its last high on 8/8/01, = who can you trust anymore in the executive level of corporations. Today = makes me glad I stick to my small caps, where a rumored buyout finally = official gave me a 10% gain on one stock, and a new contract gave me 13% = on another. Big caps are just too big and complicated for the likes of = me. At least I make money for the day. Tom Worley stkguru@netside.net AIM: TexWorley ------=_NextPart_000_0015_01C1A337.D033A9A0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Today's bankruptcy filing by KMart opens a lot = of=20 questions, starting with which will be the bigger story, KM or = ENE?
 
Both are huge bankruptcies, ENE likely to remain = the=20 biggest, but KM is the largest by a retailer. And with over 2,100 brick = and=20 mortar stores, many of which will likely be closed, going to have a = significant=20 impact on employment.
 
ENE died because of financial shenanigans and = corrupt=20 insider deals, lots of lies and plenty of places to put the blame, = including on=20 the auditors.
 
KM will likely survive, but take a year or more, = and=20 emerge as much smaller and less competitive. Since it already proved it = cannot=20 stand against Walmart and Target, questionable in my mind what it can do = differently as a smaller retail chain. Was this only stiff competition = in a=20 recession, or poor management as well?
 
With KM down 54% just for today, and 94% since = its last=20 high on 8/8/01, who can you trust anymore in the executive level of=20 corporations. Today makes me glad I stick to my small caps, where a = rumored=20 buyout finally official gave me a 10% gain on one stock, and a new = contract gave=20 me 13% on another. Big caps are just too big and complicated for the = likes of=20 me. At least I make money for the day.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
------=_NextPart_000_0015_01C1A337.D033A9A0-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: [CANSLIM] PSFT: More accounting shenanigans? Date: 22 Jan 2002 10:45:01 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_006C_01C1A331.D804C200 Content-Type: multipart/alternative; boundary="----=_NextPart_001_006D_01C1A331.D804C200" ------=_NextPart_001_006D_01C1A331.D804C200 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Once more into the fire. Think this will become the "year of the = accounting case study." --Katherine This from Briefing.com Archives In Play=AE all dates =20 Date (ET) Archive Article=20 Jan 22 2002 11:06 AM In Play PeopleSoft (PSFT) 33.45 -1.89 (-5.4%): -- Update = -- This is not the first time that concerns about accounting at the = Momentum unit have been brought to light. On Jan 2, Briefing.com = reported a Lehman defense of the stk following a 12/31 Bloomberg article = indicating that PSFT might repurchase its Momentum Business Applications = unit to avoid paying royalties. Lehman predicted that PSFT was likely to = purchase Momentum for about $90 mln within the next few qtrs. Firm did = not think there were accounting irregularities and viewed the issue as = likely overblown.=20 Jan 22 2002 10:53 AM In Play PeopleSoft (PSFT) 34.37 -0.97 (-2.7%): = --Update-- According to the San Jose Mercury article, PeopleSoft hired = that subsidiary, Momentum Business Applications, to write new software, = and Momentum, in turn, hired PeopleSoft programmers at a markup. The = arrangement transformed the high cost of creating new programs into a = source of revenue for PeopleSoft.=20 Jan 22 2002 10:49 AM In Play PeopleSoft (PSFT) 34.32 -1.02 (-2.9%): Accounting = concerns again putting pressure on PSFT shares. The San Jose Mercury = News reports that an accounting maneuver by former PSFT head allowed = company to avoid crushing development costs. Six months before stepping = aside, PSFT co-founder David A. Duffield transferred $250 million to a = newly created subsidiary with just one employee and an office down the = road from PeopleSoft headquarters. Peter Knutson, an associate professor = emeritus of accounting at the University of Pennsylvania's Wharton = School, believes the arrangement misled investors: 'It is within the = boundaries of generally accepted accounting principles, but it is really = an intent to deceive.' =20 ------=_NextPart_001_006D_01C1A331.D804C200 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Once more into the fire. Think this will become the "year of = the=20 accounting case study."
 
--Katherine
 
 This from Briefing.com
 
Archives In = Play=AE all=20 dates
Date (ET) Archive Article
Jan 22 = 2002
11:06 AM		 In = Play PeopleSoft (PSFT) 33.45 = -1.89 (-5.4%):=20 -- Update -- This is not the first time that concerns about = accounting at=20 the Momentum unit have been brought to light. On Jan 2, = Briefing.com=20 reported a Lehman defense of the stk following a 12/31 Bloomberg = article=20 indicating that PSFT might repurchase its Momentum Business = Applications=20 unit to avoid paying royalties. Lehman predicted=20 that PSFT was likely to purchase Momentum for about $90 = mln=20 within the next few qtrs. Firm did not think there were=20 accounting irregularities and viewed the issue as likely=20 overblown.
Jan 22 = 2002
10:53 AM		 In Play PeopleSoft (PSFT) 34.37 -0.97 (-2.7%): =  --Update--=20 According to the San Jose Mercury article, PeopleSoft hired that=20 subsidiary, Momentum Business Applications, to write new software, = and=20 Momentum, in turn, hired PeopleSoft programmers at a markup. The=20 arrangement transformed the high cost of creating new programs = into a=20 source of revenue for PeopleSoft.
Jan 22 = 2002
10:49 AM		 In = Play
PeopleSoft (PSFT) 34.32 -1.02 (-2.9%): Accounting concerns = again=20 putting pressure on PSFT shares. The San Jose Mercury News reports = that an=20 accounting maneuver by former PSFT head allowed company to avoid = crushing=20 development costs. Six months before stepping aside, PSFT = co-founder David=20 A. Duffield transferred $250 million to a newly created subsidiary = with=20 just one employee and an office down the road from PeopleSoft=20 headquarters. Peter Knutson, an associate professor emeritus of = accounting=20 at the University of Pennsylvania's Wharton School, believes the=20 arrangement misled investors: 'It is within the boundaries of = generally=20 accepted accounting principles, but it is really an intent to=20 deceive.'
 
 
------=_NextPart_001_006D_01C1A331.D804C200-- ------=_NextPart_000_006C_01C1A331.D804C200 Content-Type: image/gif; name="show_headline.gif" Content-Transfer-Encoding: base64 Content-Location: http://www.briefing.com/images/briefing/show_headline.gif R0lGODlhTgAXALMAAElrdVV7h6GhoTRLUwsPEBsmKiU0Od3d3VNTU9TU1Ly8vG5vbz5bZCs+RPz6 2oWFhSH5BAAAAAAALAAAAABOABcAAAT/kMhJq7046827/2BYBWRpnmiqrmyrSgXhznRtm0Sh33zv 6zufcMjSGQzEpJJ0bCBUjijJwaOWrC2qludENFLY7Q0bIK/EPMQAgQC43wAHPE53R+X1PN5ux0ff d3RygX1zcGxshn1+g3qCend/foB1jY2PeXNsCwsADJ6gn56Dnw4MpqOPqHGfpXF3p1Gnrqa1tIGi rQCcnAy+v7O+trOmwsbFxr/DwcO2zcHA0ZwPDwPWDNbWd9rcsQ7Z39/g2QPiUQPe2ufh5dzl4uTZ 1NTx9fb3+PcN+fz41AICGggcSLCgwYMIEypciBAgwCMQI0qcSLGixYsYLToUYACIx48gT0OKHEmy JEmAChSYXMmypUuPKVNaiJGDAs2aOHPipMmzQk+dP2EI3ZkyQQIRSJOGMMo0wYGmUKNKnUr1KdWq V5ke2Mq1q9evYMOKHUu2bAQAOw== ------=_NextPart_000_006C_01C1A331.D804C200-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] KMart vs Enron Date: 22 Jan 2002 10:51:59 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_0076_01C1A332.D1383AA0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable I see a biggest difference in the ENE vs KM story as a lesson in = capitalism. That is, when a business becomes redundant or has lost its = strategic advantage, it disappears. I'm sorry for the KM shareholders, = but KM's inability to buck up and smell the market before it was too = late has put it where it is today. WMT redefined discount retailing, TGT = created a targeted demographic twist, NDN and DG segmented and = subdivided the "big store" into small local stores reminiscent of the = old 5 and dime, BBBY and LIN created a unique niche, etc. I'd go to KM = to buy Martha Stewart goodies, but I don't even know where there's a = store in town! Bad locations, bad strategies, bad execution, didn't "own = up" to the problem until it was many years too late. Bye-bye KM. Katherine ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, January 22, 2002 10:27 AM Subject: [CANSLIM] KMart vs Enron Today's bankruptcy filing by KMart opens a lot of questions, starting = with which will be the bigger story, KM or ENE? Both are huge bankruptcies, ENE likely to remain the biggest, but KM = is the largest by a retailer. And with over 2,100 brick and mortar = stores, many of which will likely be closed, going to have a significant = impact on employment. ENE died because of financial shenanigans and corrupt insider deals, = lots of lies and plenty of places to put the blame, including on the = auditors. KM will likely survive, but take a year or more, and emerge as much = smaller and less competitive. Since it already proved it cannot stand = against Walmart and Target, questionable in my mind what it can do = differently as a smaller retail chain. Was this only stiff competition = in a recession, or poor management as well? With KM down 54% just for today, and 94% since its last high on = 8/8/01, who can you trust anymore in the executive level of = corporations. Today makes me glad I stick to my small caps, where a = rumored buyout finally official gave me a 10% gain on one stock, and a = new contract gave me 13% on another. Big caps are just too big and = complicated for the likes of me. At least I make money for the day. Tom Worley stkguru@netside.net AIM: TexWorley ------=_NextPart_000_0076_01C1A332.D1383AA0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
I see a biggest difference in the ENE vs KM story as a lesson in=20 capitalism. That is, when a business becomes redundant or has lost its = strategic=20 advantage, it disappears. I'm sorry for the KM shareholders, but KM's = inability=20 to buck up and smell the market before it was too late has put it where = it is=20 today. WMT redefined discount retailing, TGT created a targeted = demographic=20 twist, NDN and DG segmented and subdivided the "big store" into small = local=20 stores reminiscent of the old 5 and dime, BBBY and LIN created a unique = niche,=20 etc. I'd go to KM to buy Martha Stewart goodies, but I don't even know = where=20 there's a store in town! Bad locations, bad strategies, bad execution, = didn't=20 "own up" to the problem until it was many years too late. Bye-bye = KM.
 
Katherine
----- Original Message -----
From:=20 Tom = Worley=20
Sent: Tuesday, January 22, 2002 = 10:27=20 AM
Subject: [CANSLIM] KMart vs = Enron

Today's bankruptcy filing by KMart opens a lot = of=20 questions, starting with which will be the bigger story, KM or=20 ENE?
 
Both are huge bankruptcies, ENE likely to = remain the=20 biggest, but KM is the largest by a retailer. And with over 2,100 = brick and=20 mortar stores, many of which will likely be closed, going to have a=20 significant impact on employment.
 
ENE died because of financial shenanigans and = corrupt=20 insider deals, lots of lies and plenty of places to put the blame, = including=20 on the auditors.
 
KM will likely survive, but take a year or = more, and=20 emerge as much smaller and less competitive. Since it already proved = it cannot=20 stand against Walmart and Target, questionable in my mind what it can = do=20 differently as a smaller retail chain. Was this only stiff competition = in a=20 recession, or poor management as well?
 
With KM down 54% just for today, and 94% since = its last=20 high on 8/8/01, who can you trust anymore in the executive level of=20 corporations. Today makes me glad I stick to my small caps, where a = rumored=20 buyout finally official gave me a 10% gain on one stock, and a new = contract=20 gave me 13% on another. Big caps are just too big and complicated for = the=20 likes of me. At least I make money for the day.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
------=_NextPart_000_0076_01C1A332.D1383AA0-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] PSFT: More accounting shenanigans? Date: 22 Jan 2002 11:52:20 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_0032_01C1A33B.3F9CC080 Content-Type: multipart/alternative; boundary="----=_NextPart_001_0033_01C1A33B.3F9CC080" ------=_NextPart_001_0033_01C1A33B.3F9CC080 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable so, how can small investors detect, much less avoid, these kinds of = slick tricks? Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, January 22, 2002 11:45 AM Subject: [CANSLIM] PSFT: More accounting shenanigans? Once more into the fire. Think this will become the "year of the = accounting case study." --Katherine This from Briefing.com Archives In Play=AE all dates =20 Date (ET) Archive Article=20 Jan 22 2002 11:06 AM In Play PeopleSoft (PSFT) 33.45 -1.89 (-5.4%): -- = Update -- This is not the first time that concerns about accounting at = the Momentum unit have been brought to light. On Jan 2, Briefing.com = reported a Lehman defense of the stk following a 12/31 Bloomberg article = indicating that PSFT might repurchase its Momentum Business Applications = unit to avoid paying royalties. Lehman predicted that PSFT was likely to = purchase Momentum for about $90 mln within the next few qtrs. Firm did = not think there were accounting irregularities and viewed the issue as = likely overblown.=20 Jan 22 2002 10:53 AM In Play PeopleSoft (PSFT) 34.37 -0.97 (-2.7%): = --Update-- According to the San Jose Mercury article, PeopleSoft hired = that subsidiary, Momentum Business Applications, to write new software, = and Momentum, in turn, hired PeopleSoft programmers at a markup. The = arrangement transformed the high cost of creating new programs into a = source of revenue for PeopleSoft.=20 Jan 22 2002 10:49 AM In Play PeopleSoft (PSFT) 34.32 -1.02 (-2.9%): = Accounting concerns again putting pressure on PSFT shares. The San Jose = Mercury News reports that an accounting maneuver by former PSFT head = allowed company to avoid crushing development costs. Six months before = stepping aside, PSFT co-founder David A. Duffield transferred $250 = million to a newly created subsidiary with just one employee and an = office down the road from PeopleSoft headquarters. Peter Knutson, an = associate professor emeritus of accounting at the University of = Pennsylvania's Wharton School, believes the arrangement misled = investors: 'It is within the boundaries of generally accepted accounting = principles, but it is really an intent to deceive.' =20 ------=_NextPart_001_0033_01C1A33B.3F9CC080 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
so, how can small investors detect, much less = avoid, these=20 kinds of slick tricks?
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Katherine=20 Malm
Sent: Tuesday, January 22, 2002 = 11:45=20 AM
Subject: [CANSLIM] PSFT: More = accounting=20 shenanigans?

Once more into the fire. Think this will become the "year of = the=20 accounting case study."
 
--Katherine
 
 This from Briefing.com
 
Archives In = Play=AE=20 all dates
Date (ET) Archive Article
Jan 22 = 2002
11:06 AM		 In = Play PeopleSoft (PSFT) 33.45 = -1.89=20 (-5.4%): -- Update -- This is not the first time that concerns = about=20 accounting at the Momentum unit have been brought to light. On = Jan 2,=20 Briefing.com reported a Lehman defense of the stk following a = 12/31=20 Bloomberg article indicating that PSFT might repurchase its = Momentum=20 Business Applications unit to avoid paying royalties.=20 Lehman predicted that PSFT was likely to purchase = Momentum for about $90 mln within the next few qtrs. Firm did = not think=20 there were accounting irregularities and viewed the = issue as=20 likely overblown.
Jan 22 = 2002
10:53 AM		 In Play PeopleSoft (PSFT) 34.37 -0.97 (-2.7%): =  --Update--=20 According to the San Jose Mercury article, PeopleSoft hired that = subsidiary, Momentum Business Applications, to write new = software, and=20 Momentum, in turn, hired PeopleSoft programmers at a markup. The = arrangement transformed the high cost of creating new programs = into a=20 source of revenue for PeopleSoft.
Jan 22 = 2002
10:49 AM		 In = Play
PeopleSoft (PSFT) 34.32 -1.02 (-2.9%): Accounting concerns = again=20 putting pressure on PSFT shares. The San Jose Mercury News = reports that=20 an accounting maneuver by former PSFT head allowed company to = avoid=20 crushing development costs. Six months before stepping aside, = PSFT=20 co-founder David A. Duffield transferred $250 million to a newly = created=20 subsidiary with just one employee and an office down the road = from=20 PeopleSoft headquarters. Peter Knutson, an associate professor = emeritus=20 of accounting at the University of Pennsylvania's Wharton = School,=20 believes the arrangement misled investors: 'It is within the = boundaries=20 of generally accepted accounting principles, but it is really an = intent=20 to deceive.'
 
=
 
------=_NextPart_001_0033_01C1A33B.3F9CC080-- ------=_NextPart_000_0032_01C1A33B.3F9CC080 Content-Type: image/gif; name="show_headline.gif" Content-Transfer-Encoding: base64 Content-Location: http://www.briefing.com/images/briefing/show_headline.gif R0lGODlhTgAXALMAAElrdVV7h6GhoTRLUwsPEBsmKiU0Od3d3VNTU9TU1Ly8vG5vbz5bZCs+RPz6 2oWFhSH5BAAAAAAALAAAAABOABcAAAT/kMhJq7046827/2BYBWRpnmiqrmyrSgXhznRtm0Sh33zv 6zufcMjSGQzEpJJ0bCBUjijJwaOWrC2qludENFLY7Q0bIK/EPMQAgQC43wAHPE53R+X1PN5ux0ff d3RygX1zcGxshn1+g3qCend/foB1jY2PeXNsCwsADJ6gn56Dnw4MpqOPqHGfpXF3p1Gnrqa1tIGi rQCcnAy+v7O+trOmwsbFxr/DwcO2zcHA0ZwPDwPWDNbWd9rcsQ7Z39/g2QPiUQPe2ufh5dzl4uTZ 1NTx9fb3+PcN+fz41AICGggcSLCgwYMIEypciBAgwCMQI0qcSLGixYsYLToUYACIx48gT0OKHEmy JEmAChSYXMmypUuPKVNaiJGDAs2aOHPipMmzQk+dP2EI3ZkyQQIRSJOGMMo0wYGmUKNKnUr1KdWq V5ke2Mq1q9evYMOKHUu2bAQAOw== ------=_NextPart_000_0032_01C1A33B.3F9CC080-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] PSFT: More accounting shenanigans? Date: 22 Jan 2002 11:04:09 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_0083_01C1A334.8470DAE0 Content-Type: multipart/alternative; boundary="----=_NextPart_001_0084_01C1A334.8470DAE0" ------=_NextPart_001_0084_01C1A334.8470DAE0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hate to say it, but there's no substitution for a good read of the 10Q's = and 10K's in combination with a good review of past news stories. Any = yellow flags in the news stories should warrant a deeper dive into the = financials. Any "odd" comments or financial "oddities" in the financial = statements can be noted and investigated. (I always head straight for = the management discussion of results and the pending legal actions = sections. Then look for odd accounting footnotes in the financials.) = Can't catch them all, but without the due diligence, there's *no* chance = of catching them. If a stock has too many yellow flags during DD, I just = cross it off the list. There's plenty of fish in the sea. Despite all = that, technical action usually speaks for these stocks long before the = historical fundamentals "explain" the problems. Investors who don't = combine technical/fundamental work miss the clues. Katherine ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, January 22, 2002 10:52 AM Subject: Re: [CANSLIM] PSFT: More accounting shenanigans? so, how can small investors detect, much less avoid, these kinds of = slick tricks? Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, January 22, 2002 11:45 AM Subject: [CANSLIM] PSFT: More accounting shenanigans? Once more into the fire. Think this will become the "year of the = accounting case study." --Katherine This from Briefing.com Archives In Play=AE all dates =20 Date (ET) Archive Article=20 Jan 22 2002 11:06 AM In Play PeopleSoft (PSFT) 33.45 -1.89 (-5.4%): -- = Update -- This is not the first time that concerns about accounting at = the Momentum unit have been brought to light. On Jan 2, Briefing.com = reported a Lehman defense of the stk following a 12/31 Bloomberg article = indicating that PSFT might repurchase its Momentum Business Applications = unit to avoid paying royalties. Lehman predicted that PSFT was likely to = purchase Momentum for about $90 mln within the next few qtrs. Firm did = not think there were accounting irregularities and viewed the issue as = likely overblown.=20 Jan 22 2002 10:53 AM In Play PeopleSoft (PSFT) 34.37 -0.97 (-2.7%): = --Update-- According to the San Jose Mercury article, PeopleSoft hired = that subsidiary, Momentum Business Applications, to write new software, = and Momentum, in turn, hired PeopleSoft programmers at a markup. The = arrangement transformed the high cost of creating new programs into a = source of revenue for PeopleSoft.=20 Jan 22 2002 10:49 AM In Play PeopleSoft (PSFT) 34.32 -1.02 (-2.9%): = Accounting concerns again putting pressure on PSFT shares. The San Jose = Mercury News reports that an accounting maneuver by former PSFT head = allowed company to avoid crushing development costs. Six months before = stepping aside, PSFT co-founder David A. Duffield transferred $250 = million to a newly created subsidiary with just one employee and an = office down the road from PeopleSoft headquarters. Peter Knutson, an = associate professor emeritus of accounting at the University of = Pennsylvania's Wharton School, believes the arrangement misled = investors: 'It is within the boundaries of generally accepted accounting = principles, but it is really an intent to deceive.' =20 ------=_NextPart_001_0084_01C1A334.8470DAE0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Hate to say it, but there's no substitution for a good read of the = 10Q's=20 and 10K's in combination with a good review of past news stories. Any = yellow=20 flags in the news stories should warrant a deeper dive into the = financials. Any=20 "odd" comments or financial "oddities" in the financial statements can = be noted=20 and investigated. (I always head straight for the management discussion=20 of results and the pending legal actions sections. Then = look for=20 odd accounting footnotes in the financials.) Can't catch them all, = but=20 without the due diligence, there's *no* chance of catching them. If a = stock has=20 too many yellow flags during DD, I just cross it off the list. There's = plenty of=20 fish in the sea. Despite all that, technical action usually speaks for = these=20 stocks long before the historical fundamentals "explain" the problems. = Investors=20 who don't combine technical/fundamental work miss the clues.
 
Katherine
----- Original Message -----
From:=20 Tom = Worley=20
Sent: Tuesday, January 22, 2002 = 10:52=20 AM
Subject: Re: [CANSLIM] PSFT: = More=20 accounting shenanigans?

so, how can small investors detect, much less = avoid,=20 these kinds of slick tricks?
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Katherine=20 Malm
Sent: Tuesday, January 22, = 2002 11:45=20 AM
Subject: [CANSLIM] PSFT: More = accounting shenanigans?

Once more into the fire. Think this will become the "year = of the=20 accounting case study."
 
--Katherine
 
 This from Briefing.com
 
Archives In = Play=AE=20 all dates =
Date (ET) Archive Article
Jan 22 = 2002
11:06=20 AM		 In = Play PeopleSoft (PSFT) 33.45 = -1.89=20 (-5.4%): -- Update -- This is not the first time that concerns = about=20 accounting at the Momentum unit have been brought to light. On = Jan 2,=20 Briefing.com reported a Lehman defense of the stk following a = 12/31=20 Bloomberg article indicating that PSFT might repurchase its = Momentum=20 Business Applications unit to avoid paying royalties.=20 Lehman predicted that PSFT was likely to = purchase=20 Momentum for about $90 mln within the next few qtrs. Firm did = not=20 think there were accounting irregularities and = viewed the=20 issue as likely overblown.
Jan 22 = 2002
10:53=20 AM		 In Play PeopleSoft (PSFT) 34.37 -0.97 (-2.7%):=20  --Update-- According to the San Jose Mercury article, = PeopleSoft=20 hired that subsidiary, Momentum Business Applications, to = write new=20 software, and Momentum, in turn, hired PeopleSoft programmers = at a=20 markup. The arrangement transformed the high cost of creating = new=20 programs into a source of revenue for = PeopleSoft.
Jan 22 = 2002
10:49=20 AM		 In = Play
PeopleSoft (PSFT) 34.32 -1.02 (-2.9%): Accounting = concerns again=20 putting pressure on PSFT shares. The San Jose Mercury News = reports=20 that an accounting maneuver by former PSFT head allowed = company to=20 avoid crushing development costs. Six months before stepping = aside,=20 PSFT co-founder David A. Duffield transferred $250 million to = a newly=20 created subsidiary with just one employee and an office down = the road=20 from PeopleSoft headquarters. Peter Knutson, an associate = professor=20 emeritus of accounting at the University of Pennsylvania's = Wharton=20 School, believes the arrangement misled investors: 'It is = within the=20 boundaries of generally accepted accounting principles, but it = is=20 really an intent to deceive.'
 
=
 
------=_NextPart_001_0084_01C1A334.8470DAE0-- ------=_NextPart_000_0083_01C1A334.8470DAE0 Content-Type: image/gif; name="show_headline.gif" Content-Transfer-Encoding: base64 Content-Location: http://www.briefing.com/images/briefing/show_headline.gif R0lGODlhTgAXALMAAElrdVV7h6GhoTRLUwsPEBsmKiU0Od3d3VNTU9TU1Ly8vG5vbz5bZCs+RPz6 2oWFhSH5BAAAAAAALAAAAABOABcAAAT/kMhJq7046827/2BYBWRpnmiqrmyrSgXhznRtm0Sh33zv 6zufcMjSGQzEpJJ0bCBUjijJwaOWrC2qludENFLY7Q0bIK/EPMQAgQC43wAHPE53R+X1PN5ux0ff d3RygX1zcGxshn1+g3qCend/foB1jY2PeXNsCwsADJ6gn56Dnw4MpqOPqHGfpXF3p1Gnrqa1tIGi rQCcnAy+v7O+trOmwsbFxr/DwcO2zcHA0ZwPDwPWDNbWd9rcsQ7Z39/g2QPiUQPe2ufh5dzl4uTZ 1NTx9fb3+PcN+fz41AICGggcSLCgwYMIEypciBAgwCMQI0qcSLGixYsYLToUYACIx48gT0OKHEmy JEmAChSYXMmypUuPKVNaiJGDAs2aOHPipMmzQk+dP2EI3ZkyQQIRSJOGMMo0wYGmUKNKnUr1KdWq V5ke2Mq1q9evYMOKHUu2bAQAOw== ------=_NextPart_000_0083_01C1A334.8470DAE0-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: AW: [CANSLIM] PSFT: More accounting shenanigans? Date: 22 Jan 2002 18:08:33 +0100 Know and use technical sell rules. KM fundamentally did not look that bad (at least the public did not think about bankrupt) until just before Christmas. But way before the technicall sell rules applied. GAP Down on record Volume, leaving a trading range occoured on 8/24. Well, then you should go out. But I know that the average Joe, who only has a 401k and invests only for retirement without the knowlege and time we have cant make that call and I feel really sorry for them. But then, do not play a game you do not know, go into index or mutal funds ... > -----Ursprungliche Nachricht----- > Von: Tom Worley [SMTP:stkguru@netside.net] > Gesendet am: Tuesday, January 22, 2002 5:52 PM > An: canslim@lists.xmission.com > Betreff: Re: [CANSLIM] PSFT: More accounting shenanigans? > > so, how can small investors detect, much less avoid, these kinds of slick tricks? > > Tom Worley > stkguru@netside.net > AIM: TexWorley > ----- Original Message ----- > From: Katherine Malm > To: canslim@lists.xmission.com > Sent: Tuesday, January 22, 2002 11:45 AM > Subject: [CANSLIM] PSFT: More accounting shenanigans? > > > Once more into the fire. Think this will become the "year of the accounting case study." > > --Katherine > > This from Briefing.com > > Archives In Play? all dates > Date (ET) Archive Article > Jan 22 2002 > 11:06 AM In Play PeopleSoft (PSFT) 33.45 -1.89 (-5.4%): -- Update -- This is not the first time that concerns about accounting at the Momentum unit have been brought to light. On Jan 2, Briefing.com reported a Lehman defense of the stk following a 12/31 Bloomberg article indicating that PSFT might repurchase its Momentum Business Applications unit to avoid paying royalties. Lehman predicted that PSFT was likely to purchase Momentum for about $90 mln within the next few qtrs. Firm did not think there were accounting irregularities and viewed the issue as likely overblown. > Jan 22 2002 > 10:53 AM In Play PeopleSoft (PSFT) 34.37 -0.97 (-2.7%): --Update-- According to the San Jose Mercury article, PeopleSoft hired that subsidiary, Momentum Business Applications, to write new software, and Momentum, in turn, hired PeopleSoft programmers at a markup. The arrangement transformed the high cost of creating new programs into a source of revenue for PeopleSoft. > Jan 22 2002 > 10:49 AM In Play PeopleSoft (PSFT) 34.32 -1.02 (-2.9%): Accounting concerns again putting pressure on PSFT shares. The San Jose Mercury News reports that an accounting maneuver by former PSFT head allowed company to avoid crushing development costs. Six months before stepping aside, PSFT co-founder David A. Duffield transferred $250 million to a newly created subsidiary with just one employee and an office down the road from PeopleSoft headquarters. Peter Knutson, an associate professor emeritus of accounting at the University of Pennsylvania's Wharton School, believes the arrangement misled investors: 'It is within the boundaries of generally accepted accounting principles, but it is really an intent to deceive.' > > > > << Datei: ATT00007.htm >> << Datei: show_headline.gif >> - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] KMart vs Enron Date: 22 Jan 2002 12:07:00 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_0043_01C1A33D.4BFE63E0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable I would have to agree with you, Katherine, on both the demographics, and = locations. I always had the sense that KM placed their stores in or = adjacent to very poor or low income neighborhoods. That, combined with = often cheap merchandise, often kept me away in favor of other retailers = where I was either more comfortable with the store, or the merchandise. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, January 22, 2002 11:51 AM Subject: Re: [CANSLIM] KMart vs Enron I see a biggest difference in the ENE vs KM story as a lesson in = capitalism. That is, when a business becomes redundant or has lost its = strategic advantage, it disappears. I'm sorry for the KM shareholders, = but KM's inability to buck up and smell the market before it was too = late has put it where it is today. WMT redefined discount retailing, TGT = created a targeted demographic twist, NDN and DG segmented and = subdivided the "big store" into small local stores reminiscent of the = old 5 and dime, BBBY and LIN created a unique niche, etc. I'd go to KM = to buy Martha Stewart goodies, but I don't even know where there's a = store in town! Bad locations, bad strategies, bad execution, didn't "own = up" to the problem until it was many years too late. Bye-bye KM. Katherine ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, January 22, 2002 10:27 AM Subject: [CANSLIM] KMart vs Enron Today's bankruptcy filing by KMart opens a lot of questions, = starting with which will be the bigger story, KM or ENE? Both are huge bankruptcies, ENE likely to remain the biggest, but KM = is the largest by a retailer. And with over 2,100 brick and mortar = stores, many of which will likely be closed, going to have a significant = impact on employment. ENE died because of financial shenanigans and corrupt insider deals, = lots of lies and plenty of places to put the blame, including on the = auditors. KM will likely survive, but take a year or more, and emerge as much = smaller and less competitive. Since it already proved it cannot stand = against Walmart and Target, questionable in my mind what it can do = differently as a smaller retail chain. Was this only stiff competition = in a recession, or poor management as well? With KM down 54% just for today, and 94% since its last high on = 8/8/01, who can you trust anymore in the executive level of = corporations. Today makes me glad I stick to my small caps, where a = rumored buyout finally official gave me a 10% gain on one stock, and a = new contract gave me 13% on another. Big caps are just too big and = complicated for the likes of me. At least I make money for the day. Tom Worley stkguru@netside.net AIM: TexWorley ------=_NextPart_000_0043_01C1A33D.4BFE63E0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
I would have to agree with you, Katherine, on = both the=20 demographics, and locations. I always had the sense that KM placed their = stores=20 in or adjacent to very poor or low income neighborhoods. That, combined = with=20 often cheap merchandise, often kept me away in favor of other retailers = where I=20 was either more comfortable with the store, or the = merchandise.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Katherine=20 Malm
Sent: Tuesday, January 22, 2002 = 11:51=20 AM
Subject: Re: [CANSLIM] KMart vs = Enron

I see a biggest difference in the ENE vs KM story as a lesson in=20 capitalism. That is, when a business becomes redundant or has lost its = strategic advantage, it disappears. I'm sorry for the KM shareholders, = but=20 KM's inability to buck up and smell the market before it was too late = has put=20 it where it is today. WMT redefined discount retailing, TGT created a = targeted=20 demographic twist, NDN and DG segmented and subdivided the "big store" = into=20 small local stores reminiscent of the old 5 and dime, BBBY and LIN = created a=20 unique niche, etc. I'd go to KM to buy Martha Stewart goodies, but I = don't=20 even know where there's a store in town! Bad locations, bad = strategies, bad=20 execution, didn't "own up" to the problem until it was many years too = late.=20 Bye-bye KM.
 
Katherine
----- Original Message -----
From:=20 Tom=20 Worley
Sent: Tuesday, January 22, = 2002 10:27=20 AM
Subject: [CANSLIM] KMart vs = Enron

Today's bankruptcy filing by KMart opens a = lot of=20 questions, starting with which will be the bigger story, KM or=20 ENE?
 
Both are huge bankruptcies, ENE likely to = remain the=20 biggest, but KM is the largest by a retailer. And with over 2,100 = brick and=20 mortar stores, many of which will likely be closed, going to have a=20 significant impact on employment.
 
ENE died because of financial shenanigans = and corrupt=20 insider deals, lots of lies and plenty of places to put the blame, = including=20 on the auditors.
 
KM will likely survive, but take a year or = more, and=20 emerge as much smaller and less competitive. Since it already proved = it=20 cannot stand against Walmart and Target, questionable in my mind = what it can=20 do differently as a smaller retail chain. Was this only stiff = competition in=20 a recession, or poor management as well?
 
With KM down 54% just for today, and 94% = since its=20 last high on 8/8/01, who can you trust anymore in the executive = level of=20 corporations. Today makes me glad I stick to my small caps, where a = rumored=20 buyout finally official gave me a 10% gain on one stock, and a new = contract=20 gave me 13% on another. Big caps are just too big and complicated = for the=20 likes of me. At least I make money for the day.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
------=_NextPart_000_0043_01C1A33D.4BFE63E0-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: [CANSLIM] ROOM update Date: 22 Jan 2002 18:27:39 +0100 Vol is drying up in the handle very nicely ... The IG INTERNET-E COMMERCE is turning around the intermediate downtrend, Price and RS is up since the third day ... - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Marc Deiter Subject: Re: [CANSLIM] PSFT: More accounting shenanigans? Date: 22 Jan 2002 09:35:39 -0800 (PST) If you're interested in reading more, one of the last two issues of Forbes had an article about PeopleSoft and this specific issue with accounting practices and Momentum. I only scanned the article, but it sounds like something to avoid. On the other hand, I work in the consulting field and PeopleSoft's products, especially there CRM (Customer Relationship Management) software seem to be growing rapidly in popularity. Marc --- Tom Worley wrote: > so, how can small investors detect, much less avoid, these kinds of > slick tricks? > > Tom Worley > stkguru@netside.net > AIM: TexWorley > ----- Original Message ----- > From: Katherine Malm > To: canslim@lists.xmission.com > Sent: Tuesday, January 22, 2002 11:45 AM > Subject: [CANSLIM] PSFT: More accounting shenanigans? > > > Once more into the fire. Think this will become the "year of the > accounting case study." > > --Katherine > > This from Briefing.com > > Archives In Play® all dates > Date (ET) Archive Article > Jan 22 2002 > 11:06 AM In Play PeopleSoft (PSFT) 33.45 -1.89 (-5.4%): -- > Update -- This is not the first time that concerns about accounting > at the Momentum unit have been brought to light. On Jan 2, > Briefing.com reported a Lehman defense of the stk following a 12/31 > Bloomberg article indicating that PSFT might repurchase its > Momentum Business Applications unit to avoid paying royalties. > Lehman predicted that PSFT was likely to purchase Momentum for > about $90 mln within the next few qtrs. Firm did not think there > were accounting irregularities and viewed the issue as likely > overblown. > Jan 22 2002 > 10:53 AM In Play PeopleSoft (PSFT) 34.37 -0.97 (-2.7%): > --Update-- According to the San Jose Mercury article, PeopleSoft > hired that subsidiary, Momentum Business Applications, to write new > software, and Momentum, in turn, hired PeopleSoft programmers at a > markup. The arrangement transformed the high cost of creating new > programs into a source of revenue for PeopleSoft. > Jan 22 2002 > 10:49 AM In Play PeopleSoft (PSFT) 34.32 -1.02 (-2.9%): > Accounting concerns again putting pressure on PSFT shares. The San > Jose Mercury News reports that an accounting maneuver by former > PSFT head allowed company to avoid crushing development costs. Six > months before stepping aside, PSFT co-founder David A. Duffield > transferred $250 million to a newly created subsidiary with just > one employee and an office down the road from PeopleSoft > headquarters. Peter Knutson, an associate professor emeritus of > accounting at the University of Pennsylvania's Wharton School, > believes the arrangement misled investors: 'It is within the > boundaries of generally accepted accounting principles, but it is > really an intent to deceive.' > > > > > ATTACHMENT part 2 image/gif name=show_headline.gif __________________________________________________ Do You Yahoo!? Send FREE video emails in Yahoo! Mail! http://promo.yahoo.com/videomail/ - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] PSFT: More accounting shenanigans? Date: 22 Jan 2002 11:46:46 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_00B7_01C1A33A.782C89E0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Thanks for the article reference, Marc. Peoplesoft must have cleaned up = its act in the last several years. 6 or 7 years ago, every time I'd talk = with someone who used PSFT software, they'd curse it between every = sentence! Katherine ----- Original Message -----=20 From: Marc Deiter=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, January 22, 2002 11:35 AM Subject: Re: [CANSLIM] PSFT: More accounting shenanigans? If you're interested in reading more, one of the last two issues of Forbes had an article about PeopleSoft and this specific issue with accounting practices and Momentum. I only scanned the article, but it sounds like something to avoid. On the other hand, I work in the consulting field and PeopleSoft's products, especially there CRM (Customer Relationship Management) software seem to be growing rapidly in popularity. Marc --- Tom Worley wrote: > so, how can small investors detect, much less avoid, these kinds of > slick tricks? >=20 > Tom Worley > stkguru@netside.net > AIM: TexWorley > ----- Original Message -----=20 > From: Katherine Malm=20 > To: canslim@lists.xmission.com=20 > Sent: Tuesday, January 22, 2002 11:45 AM > Subject: [CANSLIM] PSFT: More accounting shenanigans? >=20 >=20 > Once more into the fire. Think this will become the "year of the > accounting case study." >=20 > --Katherine >=20 > This from Briefing.com >=20 > Archives In Play=AE all dates =20 > Date (ET) Archive Article=20 > Jan 22 2002 > 11:06 AM In Play PeopleSoft (PSFT) 33.45 -1.89 (-5.4%): -- > Update -- This is not the first time that concerns about accounting > at the Momentum unit have been brought to light. On Jan 2, > Briefing.com reported a Lehman defense of the stk following a 12/31 > Bloomberg article indicating that PSFT might repurchase its > Momentum Business Applications unit to avoid paying royalties. > Lehman predicted that PSFT was likely to purchase Momentum for > about $90 mln within the next few qtrs. Firm did not think there > were accounting irregularities and viewed the issue as likely > overblown.=20 > Jan 22 2002 > 10:53 AM In Play PeopleSoft (PSFT) 34.37 -0.97 (-2.7%):=20 > --Update-- According to the San Jose Mercury article, PeopleSoft > hired that subsidiary, Momentum Business Applications, to write new > software, and Momentum, in turn, hired PeopleSoft programmers at a > markup. The arrangement transformed the high cost of creating new > programs into a source of revenue for PeopleSoft.=20 > Jan 22 2002 > 10:49 AM In Play PeopleSoft (PSFT) 34.32 -1.02 (-2.9%): > Accounting concerns again putting pressure on PSFT shares. The San > Jose Mercury News reports that an accounting maneuver by former > PSFT head allowed company to avoid crushing development costs. Six > months before stepping aside, PSFT co-founder David A. Duffield > transferred $250 million to a newly created subsidiary with just > one employee and an office down the road from PeopleSoft > headquarters. Peter Knutson, an associate professor emeritus of > accounting at the University of Pennsylvania's Wharton School, > believes the arrangement misled investors: 'It is within the > boundaries of generally accepted accounting principles, but it is > really an intent to deceive.' >=20 > =20 >=20 >=20 > ATTACHMENT part 2 image/gif name=3Dshow_headline.gif __________________________________________________ Do You Yahoo!? Send FREE video emails in Yahoo! Mail! http://promo.yahoo.com/videomail/ - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------=_NextPart_000_00B7_01C1A33A.782C89E0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Thanks for the article reference, Marc. Peoplesoft must have = cleaned up its=20 act in the last several years. 6 or 7 years ago, every time I'd talk = with=20 someone who used PSFT software, they'd curse it between every = sentence!
 
Katherine
----- Original Message -----
From:=20 Marc = Deiter
Sent: Tuesday, January 22, 2002 = 11:35=20 AM
Subject: Re: [CANSLIM] PSFT: = More=20 accounting shenanigans?

If you're interested in reading more, one of the last = two=20 issues of
Forbes had an article about PeopleSoft and this specific = issue=20 with
accounting practices and Momentum.  I only scanned the = article,=20 but
it sounds like something to avoid.  On the other hand, I = work in=20 the
consulting field and PeopleSoft's products, especially there=20 CRM
(Customer Relationship Management) software seem to be=20 growing
rapidly in popularity.

Marc

--- Tom Worley = <stkguru@netside.net> = wrote:
>=20 so, how can small investors detect, much less avoid, these kinds = of
>=20 slick tricks?
>
> Tom Worley
> stkguru@netside.net
> = AIM:=20 TexWorley
>   ----- Original Message -----=20
>   From: Katherine Malm
>   To: canslim@lists.xmission.com= =20
>   Sent: Tuesday, January 22, 2002 11:45=20 AM
>   Subject: [CANSLIM] PSFT: More accounting=20 shenanigans?
>
>
>   Once more into the = fire.=20 Think this will become the "year of the
> accounting case=20 study."
>
>   --Katherine
>=20
>    This from Briefing.com
>=20
>         Archives In = Play=AE all=20 dates   =
>        =20 Date (ET) Archive Article=20
>         Jan 22=20 2002
>         11:06 AM = In Play=20 PeopleSoft (PSFT) 33.45 -1.89 (-5.4%): --
> Update -- This is = not the=20 first time that concerns about accounting
> at the Momentum unit = have=20 been brought to light. On Jan 2,
> Briefing.com reported a = Lehman=20 defense of the stk following a 12/31
> Bloomberg article = indicating that=20 PSFT might repurchase its
> Momentum Business Applications unit = to avoid=20 paying royalties.
> Lehman predicted that PSFT was likely to = purchase=20 Momentum for
> about $90 mln within the next few qtrs. Firm did = not=20 think there
> were accounting irregularities and viewed the = issue as=20 likely
> overblown.=20
>         Jan 22=20 2002
>         10:53 AM = In Play=20 PeopleSoft (PSFT) 34.37 -0.97 (-2.7%):
> --Update-- According = to the=20 San Jose Mercury article, PeopleSoft
> hired that subsidiary, = Momentum=20 Business Applications, to write new
> software, and Momentum, in = turn,=20 hired PeopleSoft programmers at a
> markup. The arrangement = transformed=20 the high cost of creating new
> programs into a source of = revenue for=20 PeopleSoft.
>         = Jan 22=20 2002
>         10:49 AM = In Play=20 PeopleSoft (PSFT) 34.32 -1.02 (-2.9%):
> Accounting concerns = again=20 putting pressure on PSFT shares. The San
> Jose Mercury News = reports=20 that an accounting maneuver by former
> PSFT head allowed = company to=20 avoid crushing development costs. Six
> months before stepping = aside,=20 PSFT co-founder David A. Duffield
> transferred $250 million to = a newly=20 created subsidiary with just
> one employee and an office down = the road=20 from PeopleSoft
> headquarters. Peter Knutson, an associate = professor=20 emeritus of
> accounting at the University of Pennsylvania's = Wharton=20 School,
> believes the arrangement misled investors: 'It is = within=20 the
> boundaries of generally accepted accounting principles, = but it=20 is
> really an intent to deceive.'
>=20
>       
>
>=20

> ATTACHMENT part 2 image/gif=20 = name=3Dshow_headline.gif



_________________________________= _________________
Do=20 You Yahoo!?
Send FREE video emails in Yahoo! Mail!
http://promo.yahoo.com/videoma= il/

-
-To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your email.
------=_NextPart_000_00B7_01C1A33A.782C89E0-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Ian Subject: [CANSLIM] Panic attack ... Date: 22 Jan 2002 10:32:49 -0800 This is a multi-part message in MIME format. --Boundary_(ID_swTV0/Df+3mY61PBH37dbw) Content-type: text/plain; charset=iso-8859-1 Content-transfer-encoding: 7BIT Here's a very interesting recent quote from Peter Eliades of Stock Market Cycles: "At the end of todays trading, we noticed that the lowest single day TRIN reading over the past 10 trading days was 1.143. That seemed unusual to us, so we asked the computer to look back over the past 61 years (since 1940) to find out how many other 10 day periods had transpired without one single day reading below 1.14. We were stunned at the answer! The answer is none." The 10 day ARMS index (TRIN) got up to 1.5 again last week. It used to have huge historical significance in indicating that a major bottom was to be put in within 20 trading days. It has now happened 4 times in the past year alone. I don't pretend to know what it means, but there certainly has been a considerable amount of panic over the last 2 weeks. Ian PS - Here is a quick overview of the ARMS index that someone asked for: http://www.equis.com/free/taaz/armsindex.html --Boundary_(ID_swTV0/Df+3mY61PBH37dbw) Content-type: text/html; charset=iso-8859-1 Content-transfer-encoding: 7BIT
Here's a very interesting recent quote from Peter Eliades of Stock Market Cycles: "At the end of todays trading, we noticed that the lowest single day TRIN reading over the past 10 trading days was 1.143. That seemed unusual to us, so we asked the computer to look back over the past 61 years (since 1940) to find out how many other 10 day periods had transpired without one single day reading below 1.14. We were stunned at the answer! The answer is none."
 
The 10 day ARMS index (TRIN) got up to 1.5 again last week. It used to have huge historical significance in indicating that a major bottom was to be put in within 20 trading days. It has now happened 4 times in the past year alone.
 
I don't pretend to know what it means, but there certainly has been a considerable amount of panic over the last 2 weeks.
 
Ian
 
 
PS - Here is a quick overview of the ARMS index that someone asked for: http://www.equis.com/free/taaz/armsindex.html
--Boundary_(ID_swTV0/Df+3mY61PBH37dbw)-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Ian Subject: [CANSLIM] WDFC - Market needs a little lubrication ... Date: 22 Jan 2002 10:43:05 -0800 This is a multi-part message in MIME format. --Boundary_(ID_o2myBBH49jFqRoaVTf04iA) Content-type: text/plain; charset=iso-8859-1 Content-transfer-encoding: 7BIT I hesitated buying WDFC at $25.50 3 days ago when it put in a nice intra-base double-bottom just above its 50 day. Its catching a litle attention today. Opinions? Ian --Boundary_(ID_o2myBBH49jFqRoaVTf04iA) Content-type: text/html; charset=iso-8859-1 Content-transfer-encoding: 7BIT
I hesitated buying WDFC at $25.50 3 days ago when it put in a nice intra-base double-bottom just above its 50 day. Its catching a litle attention today. Opinions?
 
Ian
--Boundary_(ID_o2myBBH49jFqRoaVTf04iA)-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Spencer48@aol.com Subject: Re: AW: [CANSLIM] PSFT: More accounting shenanigans? Date: 22 Jan 2002 15:48:57 EST Tom: To me, before the August downtrend began, K-Mart (as to Andreas) didn't look REALLY bad-chart wise. So, assuming the chart looked nice, why shouldn't one have gone with K-Mart in the summer of 2001. The EARNINGS were horrible. I imagine 2001's projected earnings were 50% down. And the quarterly earnings seem to go into negative growth. Moreover, sales were not at all that robust. Today ROE is 3% in DGO-it probably wasn't much different in the summer. And I can't imagine WON declaring-based on the fundamental stats I just adduced: "K-Mart is one hellacious of a CANSLIM stock." jans In a message dated 1/22/2002 12:04:51 PM Eastern Standard Time, judgejimmy@web.de writes: << Know and use technical sell rules. KM fundamentally did not look that bad (at least the public did not think about bankrupt) until just before Christmas. But way before the technicall sell rules applied. GAP Down on record Volume, leaving a trading range occoured on 8/24. Well, then you should go out. But I know that the average Joe, who only has a 401k and invests only for retirement without the knowlege and time we have cant make that call and I feel really sorry for them. But then, do not play a game you do not know, go into index or mutal funds ... > -----Ursprungliche Nachricht----- > Von: Tom Worley [SMTP:stkguru@netside.net] > Gesendet am: Tuesday, January 22, 2002 5:52 PM > An: canslim@lists.xmission.com > Betreff: Re: [CANSLIM] PSFT: More accounting shenanigans? > > so, how can small investors detect, much less avoid, these kinds of slick tricks? > > Tom Worley >> - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Spencer48@aol.com Subject: Re: [CANSLIM] Panic attack ... Date: 22 Jan 2002 15:55:03 EST Ian: I'd like to follow the ARMS index (esp. the 10 MA of it); I've heard and read in many places that it has a very nice record. Ian, where do you go to follow it? If it's a pay site, do you know of a free one that carries the ARMs index? jans In a message dated 1/22/2002 1:17:25 PM Eastern Standard Time, ianstm@shaw.ca writes: << The 10 day ARMS index (TRIN) got up to 1.5 again last week. It used to have huge historical significance in indicating that a major bottom was to be put in within 20 trading days. It has now happened 4 times in the past year alone. I don't pretend to know what it means, but there certainly has been a considerable amount of panic over the last 2 weeks. Ian >> - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Spencer48@aol.com Subject: Re: [CANSLIM] KMart vs Enron Date: 22 Jan 2002 16:01:51 EST Katherine: In my opinion, you are absolutely right. They may both be businesses, but they are two entirely different cases. K-Mart follows Schumpeter's paradigm of "Creative Destruction", ie. She just couldn't compete, and as Schumpeter lays out: Even though an old established business goes down, it is necessary; just as it was necessary for the horse and buggy to make way for the horseless carriage. If Capitalism didn't allow businesses and people to fail ideas would not be tried, and successes could not be achieved. Enron is not a case of "Creative Destruction" at all, but rather a case of Creative Accounting-which I hope leads to the destruction of all those involved in Enron's shady practices (the main progagonists, and those who helped to cover it up-viz. Enron's auditiors and accountants). In a message dated 1/22/2002 11:52:27 AM Eastern Standard Time, kmalm@earthlink.net writes: << I see a biggest difference in the ENE vs KM story as a lesson in capitalism. That is, when a business becomes redundant or has lost its strategic advantage, it disappears. I'm sorry for the KM shareholders, but KM's inability to buck up and smell the market before it was too late has put it where it is today. WMT redefined discount retailing, TGT created a targeted demographic twist, NDN and DG segmented and subdivided the "big store" into small local stores reminiscent of the old 5 and dime, BBBY and LIN created a unique niche, etc. I'd go to KM to buy Martha Stewart goodies, but I don't even know where there's a store in town! Bad locations, bad strategies, bad execution, didn't "own up" to the problem until it was many years too late. Bye-bye KM. Katherine >> >> - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] Panic attack ... Date: 22 Jan 2002 15:05:14 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_0055_01C1A356.32083C40 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable jans, This is a great site for technical analysis and charting: http://stockcharts.com/def/servlet/SC.web?c=3D$TRIN http://stockcharts.com/education/What/IndicatorAnalysis/indic_TRIN.html Katherine ----- Original Message -----=20 From: Spencer48@aol.com=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, January 22, 2002 2:55 PM Subject: Re: [CANSLIM] Panic attack ... Ian: I'd like to follow the ARMS index (esp. the 10 MA of it); I've = heard and=20 read in many places that it has a very nice record. Ian, where do you go to follow it? If it's a pay site, do you = know of a=20 free one that carries the ARMs index? jans In a message dated 1/22/2002 1:17:25 PM Eastern Standard Time, = ianstm@shaw.ca=20 writes: << The 10 day ARMS index (TRIN) got up to 1.5 again last week. It used = to=20 have huge historical significance in indicating that a major bottom = was to be=20 put in within 20 trading days. It has now happened 4 times in the past = year=20 alone. =20 I don't pretend to know what it means, but there certainly has been a = considerable amount of panic over the last 2 weeks. =20 Ian =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. ------=_NextPart_000_0055_01C1A356.32083C40 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
jans,
 
This is a great site for technical analysis and charting:
 
http://stock= charts.com/def/servlet/SC.web?c=3D$TRIN
http://stockcharts.com/education/What/IndicatorAnalysis/indic_TRI= N.html
 
Katherine
----- Original Message -----
From:=20 Spencer48@aol.com
Sent: Tuesday, January 22, 2002 = 2:55=20 PM
Subject: Re: [CANSLIM] Panic = attack=20 ...

Ian:

     I'd like to follow = the=20 ARMS index (esp. the 10 MA of it); I've heard and
read in many = places that=20 it has a very nice record.

     Ian, where = do you=20 go to follow it?  If it's a pay site, do you know of a
free = one that=20 carries the ARMs index?

jans


In a message dated = 1/22/2002=20 1:17:25 PM Eastern Standard Time, ianstm@shaw.ca =
writes:

<<=20 The 10 day ARMS index (TRIN) got up to 1.5 again last week. It used to =
have huge historical significance in indicating that a major = bottom was to=20 be
put in within 20 trading days. It has now happened 4 times in = the past=20 year
alone.
 
 I don't pretend to know what it = means, but=20 there certainly has been a
considerable amount of panic over the = last 2=20 weeks.
 
 Ian
 
  = >>

-
-To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your email.
------=_NextPart_000_0055_01C1A356.32083C40-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Patrick Wahl" Subject: Re: [CANSLIM] KMart vs Enron Date: 22 Jan 2002 14:07:42 -0700 Yeah but -you can certainly also make an argument for large and mid-cap companies. First, the financial shenanigans are very much the exception, not the rule. Also, larger companies are going to have a broader range of companies as customers, a broader product line, less dependent on any one company as customer or a single product that might go out of favor, less likely to have a competitor enter the market and kill their margins. I would also like to add that a larger company is under closer scrutiny, more analysts following it, harder to hide things, but I'm afraid I can't. I think we've seen for at least two years that analysts just rubber stamp whatever a company passes along to them, they do very little investigative work or original thinking, it appears. On 22 Jan 2002 at 11:27, Tom Worley wrote: > With KM down 54% just for today, and 94% since its last high on 8/8/01, who can you trust anymore in the executive level of corporations. Today makes me glad I stick to my small caps, where a rumored buyout finally official gave me a 10% gain on one stock, and a new contract gave me 13% on another. Big caps are just too big and complicated for the likes of me. At least I make money for the day. > > Tom Worley > stkguru@netside.net > AIM: TexWorley > - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Patrick Wahl" Subject: Re: [CANSLIM] WDFC - Market needs a little lubrication ... Date: 22 Jan 2002 14:07:41 -0700 Its now at a natural place to stall or reverse, that is, the old high. I suppose the risk is not too high, the recent low should be a sort of support level. I think maybe if I were thinking of buying it, I'd give it a few days at this level and see if there is a bit of pullback or pause right here, I hate buying something that has already had a bit of a run, even if it is only 3 points. On 22 Jan 2002 at 10:43, Ian wrote: > I hesitated buying WDFC at $25.50 3 days ago when it put in a nice intra-base double-bottom just above its 50 day. Its catching a litle attention today. Opinions? > > Ian > - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] KMart vs Enron Date: 22 Jan 2002 17:44:32 -0500 Patrick, I would like to believe you are correct that financial shenanigans are very much the exception. However, they do seem to be showing up more, and in the example given by Katherine with PSFT, often much harder to detect. I cannot help but wonder how many more examples are out there just waiting to be revealed / discovered. I am hoping that the fall from grace of Andersen makes other accounting firms more nervous and careful, and do more than just make sure they dot their i's and cross their t's. But even so, I question whether it will last more than a few quarters. Maybe we need more bloodthirsty investigative business reporting, drooling to rip a company apart. I remember the good ole days, when the slightest questionable business practice usually showed up in the media eventually. Scandal and embarrassment is a great deterrent. I no longer believe that I can rely on analysts, nor that the more analysts the better. Frankly, I trust little aside from my own analysis, and communications with corporate officials. I recall one analyst some years ago who discovered that a company was doing underwritings, then booking the money raised as revenues from its European subsidiary (College Bound??), thereby inflating its overall sales figures. His reward for this discovery? He got fired from his firm, even though less than a year later he was proven correct. I have heard nothing from him since then. I hope he is doing well, but suspect his industry treated him very poorly despite his honesty. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message ----- Sent: Tuesday, January 22, 2002 4:07 PM > Yeah but -you can certainly also make an argument for large and mid-cap > companies. First, the financial shenanigans are very much the exception, not the > rule. Also, larger companies are going to have a broader range of companies as > customers, a broader product line, less dependent on any one company as > customer or a single product that might go out of favor, less likely to have a > competitor enter the market and kill their margins. I would also like to add that a > larger company is under closer scrutiny, more analysts following it, harder to hide > things, but I'm afraid I can't. I think we've seen for at least two years that analysts > just rubber stamp whatever a company passes along to them, they do very little > investigative work or original thinking, it appears. > > On 22 Jan 2002 at 11:27, Tom Worley wrote: > > > With KM down 54% just for today, and 94% since its last high on 8/8/01, who can you trust anymore in the executive level of corporations. Today makes me glad I stick to my small caps, where a rumored buyout finally official gave me a 10% gain on one stock, and a new contract gave me 13% on > another. Big caps are just too big and complicated for the likes of me. At least I make money for the day. > > Tom Worley > stkguru@netside.net > AIM: TexWorley > > > > > - > -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. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: AW: [CANSLIM] Panic attack ... Date: 23 Jan 2002 00:54:40 +0100 Well today another Diss Day and there are not a lot of Groups left holding up ... > -----Ursprungliche Nachricht----- > Von: Spencer48@aol.com [SMTP:Spencer48@aol.com] > Gesendet am: Tuesday, January 22, 2002 9:55 PM > An: canslim@lists.xmission.com > Betreff: Re: [CANSLIM] Panic attack ... > > Ian: > > I'd like to follow the ARMS index (esp. the 10 MA of it); I've heard and > read in many places that it has a very nice record. > > Ian, where do you go to follow it? If it's a pay site, do you know of a > free one that carries the ARMs index? > > jans > > > In a message dated 1/22/2002 1:17:25 PM Eastern Standard Time, ianstm@shaw.ca > writes: > > << The 10 day ARMS index (TRIN) got up to 1.5 again last week. It used to > have huge historical significance in indicating that a major bottom was to be > put in within 20 trading days. It has now happened 4 times in the past year > alone. > > I don't pretend to know what it means, but there certainly has been a > considerable amount of panic over the last 2 weeks. > > Ian > > >> > > - > -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. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] WDFC - Market needs a little lubrication ... Date: 22 Jan 2002 18:55:08 -0500 The risks, as I see it, are that three of the past 4 qtrs showed declining earnings YoY. And sales appear pretty stagnant. When you think of their business, what reason is there for substantial expansion until / unless the economy starts booming? Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message ----- Sent: Tuesday, January 22, 2002 4:07 PM > Its now at a natural place to stall or reverse, that is, the old high. I suppose the risk > is not too high, the recent low should be a sort of support level. I think maybe if I > were thinking of buying it, I'd give it a few days at this level and see if there is a bit > of pullback or pause right here, I hate buying something that has already had a bit > of a run, even if it is only 3 points. > > On 22 Jan 2002 at 10:43, Ian wrote: > > > I hesitated buying WDFC at $25.50 3 days ago when it put in a nice intra-base double-bottom just above its 50 day. Its catching a litle attention today. Opinions? > > > > Ian > > > > > > - > -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. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: AW: [CANSLIM] PSFT: More accounting shenanigans? Date: 22 Jan 2002 17:29:34 -0500 The only thing I can add is that I avoid retailers in a recessionary cycle. By last summer, it was apparent the economy was slowing sharply, even into recession. And unemployment was increasing. The only valid argument I could see then as to why KM, or any other discounting retailer, would be able to expand sales was from cost conscious shoppers. Even so, it was easy to assume that profit margins would be getting squeezed as wholesalers tried to protect their profits. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message ----- Sent: Tuesday, January 22, 2002 3:48 PM > Tom: > > To me, before the August downtrend began, K-Mart (as to Andreas) didn't > look REALLY bad-chart wise. So, assuming the chart looked nice, why > shouldn't one have gone with K-Mart in the summer of 2001. > > The EARNINGS were horrible. I imagine 2001's projected earnings were > 50% down. And the quarterly earnings seem to go into negative growth. > Moreover, sales were not at all that robust. Today ROE is 3% in DGO-it > probably wasn't much different in the summer. And I can't imagine WON > declaring-based on the fundamental stats I just adduced: "K-Mart is one > hellacious of a CANSLIM stock." > > jans > > In a message dated 1/22/2002 12:04:51 PM Eastern Standard Time, > judgejimmy@web.de writes: > > << Know and use technical sell rules. > > KM fundamentally did not look that bad (at least the public did not think > about > bankrupt) until just before Christmas. > > But way before the technicall sell rules applied. > GAP Down on record Volume, leaving a trading range occoured on 8/24. > Well, then you should go out. > > But I know that the average Joe, who only has a 401k and invests only > for retirement without the knowlege and time we have cant make that call > and I feel really sorry for them. > > But then, do not play a game you do not know, go into index or mutal funds > ... > > > -----Ursprungliche Nachricht----- > > Von: Tom Worley [SMTP:stkguru@netside.net] > > Gesendet am: Tuesday, January 22, 2002 5:52 PM > > An: canslim@lists.xmission.com > > Betreff: Re: [CANSLIM] PSFT: More accounting shenanigans? > > > > so, how can small investors detect, much less avoid, these kinds of slick > tricks? > > > > Tom Worley >> > > - > -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. ------------------------------------------------------------------------------- From: "Patrick Wahl" Subject: Re: [CANSLIM] KMart vs Enron Date: 22 Jan 2002 20:21:55 -0700 On 22 Jan 2002 at 17:44, Tom Worley wrote: > I no longer believe that I can rely on analysts, nor that the more analysts > the better. Frankly, I trust little aside from my own analysis, and > communications with corporate officials. I recall one analyst some years ago > who discovered that a company was doing underwritings, then booking the > money raised as revenues from its European subsidiary (College Bound??), > thereby inflating its overall sales figures. His reward for this discovery? > He got fired from his firm, even though less than a year later he was proven > correct. I have heard nothing from him since then. I hope he is doing well, > but suspect his industry treated him very poorly despite his honesty. > I never thought too much of analysts in the first place, I never thought they really understood markets and stock price movement, but I did think they probably understood the industries they covered. However, after the technology meltdown we had in the last 2 years with almost none of it foreseen by any analysts, now I don't even think analysts necessarily have a very deep understanding of the industry they cover. (And a few weeks ago on some radio show, I heard that there were still analysts recommending Enron right up to the day they went broke, some with earnings estimates of $1.20 a share for this year) I've heard other stories about analysts blowing the whistle and getting in trouble, I think it happened a few years ago when someone questioned Trump's company and the soundness of its debt, think he may have gotten fired. So anyway, the point is you can't expect the financial industry to blow the whistle on anyone. - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Spencer48@aol.com Subject: Re: [CANSLIM] WDFC - Market needs a little lubrication ... Date: 22 Jan 2002 22:52:43 EST Ian: I see a double bottom, but I don't view this type as the kind of W-formation that WON (or IBD) writes about. This is a nice value stock (as far as PEG and PE go). However, the last three quarters of minus growth makes me leery. On the other hand, if it makes its projected annual EPS (according to DGO's figures) then it should make plus growth per quarter. What makes me think that the per cent growth could be in the +20's is that WFDC beat it's projected 2001 annual EPS. As far as the chart: as I said this doesn't look like the type of double bottom that is a winner. However, it is making a nice cup. There is no handle, as of yet, though. I don't believe the market is strong enough to propel such a chart formation. I am a great believer in your recently adduced 10-day TRIN (thanks to Katherine for sending me the smartcharts.com site). Ten day TRIN is now about 1.5. I believe that, with the market being what it is now, and TRIN saying that the market will shoot upwards in 20 days, a handle will be forthcoming around the twenty day time. I' think I'll put it on my Watchlist, and see what happens during the 20 days. Thanks for the heads up. I think it could very well turn into a winner. jans In a message dated 1/22/2002 4:07:33 PM Eastern Standard Time, pjwahl@attbi.com writes: << On 22 Jan 2002 at 10:43, Ian wrote: > I hesitated buying WDFC at $25.50 3 days ago when it put in a nice intra-base double-bottom just above its 50 day. Its catching a litle attention today. Opinions? > > Ian >> - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Ronald 9 Davis Subject: [CANSLIM] Kmart has a place Date: 23 Jan 2002 00:12:36 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_0083_01C1A3A2.A926B440 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable My parents live in Clinton Oklahoma where the local Kmart is the only = game in town. If there are enough Clintons around the country, they can = survive on a greatly reduced scale. ------=_NextPart_000_0083_01C1A3A2.A926B440 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
My parents live in Clinton Oklahoma = where the=20 local Kmart is the only game in town.  If there are enough = Clintons=20 around the country, they can survive on a greatly reduced=20 scale.
------=_NextPart_000_0083_01C1A3A2.A926B440-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] Kmart has a place Date: 23 Jan 2002 08:09:10 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_0084_01C1A3E5.3CF4D0C0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Good point Ron. It's hard to believe that there's not a Walmart in = town...I thought they had taken over the world! When I see a company like KMart, I often think of Montgomery Wards. At = one time *they* were the only department store in many towns, but after = many years of bungled attempts at restructuring and being tossed around = from owner to owner like a hot potato, they finally gave up the ghost. = Other businesses eventually came in to fill the void in places where = MonkeyWards was all that was available. Katherine ----- Original Message -----=20 From: Ronald 9 Davis=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, January 23, 2002 12:12 AM Subject: [CANSLIM] Kmart has a place My parents live in Clinton Oklahoma where the local Kmart is the only = game in town. If there are enough Clintons around the country, they can = survive on a greatly reduced scale. ------=_NextPart_000_0084_01C1A3E5.3CF4D0C0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Good point Ron. It's hard to believe that there's not a Walmart in = town...I=20 thought they had taken over the world!
 
When I see a company like KMart, I often think of Montgomery Wards. = At one=20 time *they* were the only department store in many towns, but after many = years=20 of bungled attempts at restructuring and being tossed around from owner = to owner=20 like a hot potato, they finally gave up the ghost. Other businesses = eventually=20 came in to fill the void in places where MonkeyWards was all that was=20 available.
 
Katherine
----- Original Message -----
From:=20 Ronald 9=20 Davis
Sent: Wednesday, January 23, = 2002 12:12=20 AM
Subject: [CANSLIM] Kmart has a=20 place

My parents live in Clinton Oklahoma = where the=20 local Kmart is the only game in town.  If there are enough = Clintons=20 around the country, they can survive on a greatly reduced=20 scale.
------=_NextPart_000_0084_01C1A3E5.3CF4D0C0-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "walter nusbaum" Subject: Re: [CANSLIM] Panic attack ... Date: 23 Jan 2002 10:58:10 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_0014_01C1A3FC.D8AEB960 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Ian, "Stock Market Cycles" was rated "F" in up markets and A+ in down markets = with an annualized gain of 4.6% since 5/31/90(sic), according to = Forbes(22 JAN 01); not exactly the kind of numbers that inspire = confidence. At any rate, there is nothing in the theory or construction = of TRIN that allows for speculation as to the degree of market change. = It is a great market reversal indicator and that's all. According to = Elder, the market can stay over bought/sold for some time and the time = to take action is immediately after TRIN makes a reversal off its = high/low reading and re-penetrates the overbought or oversold line.(The = Equis link says to buy/sell upon reaching the line, which is a specific = number. Elder's recommendation puts you in sync with the new trend. I = don't know what TRIN was doing during the debacle of 2000, but I = suspect(using the Equis standard) it gave buy signals loooong before = their time). The lines themselves should be revisited, and redrawn if necessary, = every three months based upon the interaction of TRIN and the Index that = is being used. The lines indicate areas of concern and specific numbers = above or below the lines have little meaning. TRIN can not be used = mechanically- the same readings mean different things under different = market conditions(Bull/Bear). TRIN gives its best buy/sell signals when = divergence from the Index being used is observed and when used in = combination with the New High-New Low Index.=20 Having said all that, 1.5 is a doozy of a number and will probably be = followed by a downturn. I know nothing, but have little confidence in a = return of the Bull for many moons. The automobile industry with its = attendant suppliers such as steel, glass, rubber, plastics, etc., has = been trashed; housing has typically propelled the new Bull, but housing = has already had its own run with little effect on the overall market. = Consumer Confidence would seem to be a bright spot, but it probably is = the result of lower mortgage payments due to massive refinancing and = bargains picked up by consumers at the expense of the producers, the = very folks that we look to for increased earnings. There's more, but = this grows lengthy so I'll shut up. Thanks for your note. Best wishes, Walt =20 ----- Original Message -----=20 From: Ian=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, January 22, 2002 12:32 PM Subject: [CANSLIM] Panic attack ... Here's a very interesting recent quote from Peter Eliades of Stock = Market Cycles: "At the end of todays trading, we noticed that the lowest = single day TRIN reading over the past 10 trading days was 1.143. That = seemed unusual to us, so we asked the computer to look back over the = past 61 years (since 1940) to find out how many other 10 day periods had = transpired without one single day reading below 1.14. We were stunned at = the answer! The answer is none." The 10 day ARMS index (TRIN) got up to 1.5 again last week. It used to = have huge historical significance in indicating that a major bottom was = to be put in within 20 trading days. It has now happened 4 times in the = past year alone. I don't pretend to know what it means, but there certainly has been a = considerable amount of panic over the last 2 weeks. Ian PS - Here is a quick overview of the ARMS index that someone asked = for: http://www.equis.com/free/taaz/armsindex.html ------=_NextPart_000_0014_01C1A3FC.D8AEB960 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Ian,
"Stock Market Cycles" was rated "F" in up markets = and A+ in=20 down markets with an annualized gain of 4.6% since = 5/31/90(sic), according=20 to Forbes(22 JAN 01); not exactly the kind of numbers = that inspire=20 confidence. At any rate, there is nothing in the theory or = construction of=20 TRIN that allows for speculation as to the degree of market change. It = is a=20 great market reversal indicator and that's all. According to Elder, = the=20 market can stay over bought/sold for some time and the time to take = action is=20 immediately after TRIN makes a reversal off its high/low reading and=20 re-penetrates the overbought or oversold line.(The Equis link says = to=20 buy/sell upon reaching the line, which is a specific number. Elder's=20 recommendation puts you in sync with the new trend. I don't know what = TRIN was=20 doing during the debacle of 2000, but I suspect(using the Equis=20 standard) it gave buy signals loooong before their = time).
 
The lines themselves should be revisited, and = redrawn if=20 necessary, every three months based upon the interaction of TRIN and the = Index=20 that is being used. The lines indicate areas of concern = and specific=20 numbers above or below the lines have little meaning. TRIN can not = be used=20 mechanically- the same readings mean different things under different = market=20 conditions(Bull/Bear). TRIN gives its best = buy/sell=20 signals when divergence from the Index being used is observed and when = used=20 in combination with the New High-New Low Index.
 
Having said all that, 1.5 is a doozy of a number = and will=20 probably be followed by a downturn. I know nothing, but have little = confidence in a return of the Bull for many moons. The automobile = industry with=20 its attendant suppliers such as steel, glass, rubber, plastics, etc., = has been=20 trashed; housing has typically propelled the new Bull, but = housing has=20 already had its own run with little effect on the overall market. = Consumer=20 Confidence would seem to be a bright spot, but it probably is the result = of=20 lower mortgage payments due to massive refinancing and bargains picked = up by=20 consumers at the expense of the producers, the very folks that we look = to for=20 increased earnings. There's more, but this grows lengthy so I'll = shut up.=20 Thanks for your note.
Best wishes,
Walt
    
----- Original Message -----
From:=20 Ian =
Sent: Tuesday, January 22, 2002 = 12:32=20 PM
Subject: [CANSLIM] Panic attack = ...

Here's a very interesting recent quote from Peter = Eliades of=20 Stock Market Cycles: "At the end of todays trading, we noticed that = the lowest=20 single day TRIN reading over the past 10 trading days was 1.143. That = seemed=20 unusual to us, so we asked the computer to look back over the past 61 = years=20 (since 1940) to find out how many other 10 day periods had transpired = without=20 one single day reading below 1.14. We were stunned at the answer! The = answer=20 is none."
 
The 10 day ARMS index (TRIN) got up to 1.5 again = last week.=20 It used to have huge historical significance in indicating that a = major bottom=20 was to be put in within 20 trading days. It has now happened 4 times = in the=20 past year alone.
 
I don't pretend to know what it means, but there = certainly=20 has been a considerable amount of panic over the last 2 = weeks.
 
Ian
 
 
PS - Here is a quick overview of the ARMS index = that someone=20 asked for: http://www.equis.c= om/free/taaz/armsindex.html
 ------=_NextPart_000_0014_01C1A3FC.D8AEB960-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: dave.bigham@us.abb.com Subject: [CANSLIM] HTMMIS slips publication date Date: 23 Jan 2002 14:19:42 -0500 Well, it looks like HTMMIS's next edition won't be released until 6/1/2000. At least that's what Amazon is saying. - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: [CANSLIM] ELTE Date: 23 Jan 2002 20:41:18 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_008D_01C1A44E.4EE1F4C0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Nice move today on volume, but didn't pass the pivot. I picked up more = for my VR fund based solely on TA (Technical Analysis) using MACD, OBV, = and MF (Moving Average Convergence Divergence, On Balance Volume, Money = Flow). Trying to regain my former discipline while I have some time off = and improve my timing. Tom Worley stkguru@netside.net AIM: TexWorley ------=_NextPart_000_008D_01C1A44E.4EE1F4C0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Nice move today on volume, but didn't pass the = pivot. I=20 picked up more for my VR fund based solely on TA (Technical Analysis) = using=20 MACD, OBV, and MF (Moving Average Convergence Divergence, On Balance = Volume,=20 Money Flow). Trying to regain my former discipline while I have some = time off=20 and improve my timing.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
------=_NextPart_000_008D_01C1A44E.4EE1F4C0-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Spencer48@aol.com Subject: [CANSLIM] KRSL Date: 23 Jan 2002 20:43:40 EST Canslimmers: Has anyone heard anything about KRSL? It doesn't seem to have traded today (DGO doesn't display any price or volume) jans - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] KRSL Date: 23 Jan 2002 20:52:43 -0500 doesn't appear like it traded today. Not unusual, ADV is only 3,000. Both my real time quotes and my VR fund show no trade. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message ----- Sent: Wednesday, January 23, 2002 8:43 PM > Canslimmers: > > Has anyone heard anything about KRSL? It doesn't seem to have traded > today (DGO doesn't display any price or volume) > > jans > > - > -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. ------------------------------------------------------------------------------- From: Vanchee1@aol.com Subject: Re: [CANSLIM] KRSL Date: 23 Jan 2002 20:54:16 EST --part1_109.c44cf2f.2980c348_boundary Content-Type: text/plain; charset="US-ASCII" Content-Transfer-Encoding: 7bit Jans, I currently own KRSL 82/95, great little co. making good money. Currently has a record backlog, might just report some very good earnings. Only problem is its thinly traded with 1.95 mil. shares out and only 1 mil on the float. LTM earnings are 1.54 which gives it a PE of less than 5. Chris. --part1_109.c44cf2f.2980c348_boundary Content-Type: text/html; charset="US-ASCII" Content-Transfer-Encoding: 7bit Jans, I currently own KRSL 82/95, great little co. making good money. Currently has a record backlog, might just report some very good earnings. Only problem is its thinly traded with 1.95 mil. shares out and only 1 mil on the float. LTM earnings are 1.54 which gives it a PE of less than 5.

Chris. --part1_109.c44cf2f.2980c348_boundary-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Vanchee1@aol.com Subject: [CANSLIM] JJSF Date: 23 Jan 2002 21:41:01 EST --part1_61.19be3a59.2980ce3d_boundary Content-Type: text/plain; charset="US-ASCII" Content-Transfer-Encoding: 7bit Nice move on JJSF with decent volume. Move was on earnings. Chris. --part1_61.19be3a59.2980ce3d_boundary Content-Type: text/html; charset="US-ASCII" Content-Transfer-Encoding: 7bit Nice move on JJSF with decent volume. Move was on earnings.

Chris. --part1_61.19be3a59.2980ce3d_boundary-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Ian Subject: Re: [CANSLIM] ELTE Date: 23 Jan 2002 19:12:06 -0800 This is a multi-part message in MIME format. --Boundary_(ID_hTObqUp2ymdmteeK8fAuIg) Content-type: text/plain; charset=iso-8859-1 Content-transfer-encoding: 7BIT I can't see how you can lose. 40 new customers in just 45 days for a brand new CRM product? I don't think it is included at all in management estimates. My gut tells me that this company is really in its sweet spot. I wish they had released Q4 financials by now - I'm not sure what to do if it runs before they are announced? Ian ----- Original Message ----- From: Tom Worley To: canslim@lists.xmission.com Sent: Wednesday, January 23, 2002 5:41 PM Subject: [CANSLIM] ELTE Nice move today on volume, but didn't pass the pivot. I picked up more for my VR fund based solely on TA (Technical Analysis) using MACD, OBV, and MF (Moving Average Convergence Divergence, On Balance Volume, Money Flow). Trying to regain my former discipline while I have some time off and improve my timing. Tom Worley stkguru@netside.net AIM: TexWorley --Boundary_(ID_hTObqUp2ymdmteeK8fAuIg) Content-type: text/html; charset=iso-8859-1 Content-transfer-encoding: 7BIT
I can't see how you can lose. 40 new customers in just 45 days for a brand new CRM product? I don't think it is included at all in management estimates. My gut tells me that this company is really in its sweet spot. I wish they had released Q4 financials by now - I'm not sure what to do if it runs before they are announced?
 
Ian
 
 
----- Original Message -----
From: Tom Worley
Sent: Wednesday, January 23, 2002 5:41 PM
Subject: [CANSLIM] ELTE

Nice move today on volume, but didn't pass the pivot. I picked up more for my VR fund based solely on TA (Technical Analysis) using MACD, OBV, and MF (Moving Average Convergence Divergence, On Balance Volume, Money Flow). Trying to regain my former discipline while I have some time off and improve my timing.
 
Tom Worley
stkguru@netside.net
AIM: TexWorley
--Boundary_(ID_hTObqUp2ymdmteeK8fAuIg)-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Robert Subject: [CANSLIM] Acc/Dis Numbers -- Market in Correction Date: 23 Jan 2002 22:58:03 -0500 ------ =_NextPart_000_01C1A461.6B65C820 Content-Type: text/plain; charset="us-ascii" Content-Transfer-Encoding: 7bit Here are the latest Acc/Dis Numbers: Spread sheet version: Date,A,B,C,D,E,% of AB/A:E,%E,Market Posture 1/10/02,1081,2553,1091,646,185,65%,3%,Market stable 1/11/02,1070,2521,1097,664,189,65%,3%,Market stable 1/14/02,1063,2508,1123,665,188,64%,3%,Market stable 1/15/02,1016,2499,1136,691,202,63%,4%,Market stable 1/16/02,928,2439,1172,764,217,61%,4%,Market in correction 1/17/02,926,2481,1138,766,217,62%,4%,Market in correction 1/18/02,847,2391,1193,840,241,59%,4%,Market in correction 1/22/02,869,2407,1193,825,235,59%,4%,Market in correction 1/23/02,815,2380,1213,856,256,58%,5%,Market in correction Robert ------ =_NextPart_000_01C1A461.6B65C820-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] JJSF Date: 24 Jan 2002 05:02:17 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_0047_01C1A494.4B9C15C0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Chris, did you ever find an explanation of why their sales and earnings = are back end loaded in the Q3 and Q4? I see the latest earnings, for Q1, continue the pattern of very weak Q1 = and Q2. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Vanchee1@aol.com=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, January 23, 2002 9:41 PM Subject: [CANSLIM] JJSF Nice move on JJSF with decent volume. Move was on earnings.=20 Chris.=20 ------=_NextPart_000_0047_01C1A494.4B9C15C0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Chris, did you ever find an explanation of why = their sales=20 and earnings are back end loaded in the Q3 and Q4?
 
I see the latest earnings, for Q1, continue the = pattern of=20 very weak Q1 and Q2.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Vanchee1@aol.com=20
Sent: Wednesday, January 23, = 2002 9:41=20 PM
Subject: [CANSLIM] JJSF

Nice move = on JJSF with=20 decent volume. Move was on earnings.

Chris.=20
------=_NextPart_000_0047_01C1A494.4B9C15C0-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: [CANSLIM] Mr. Greenspan Date: 24 Jan 2002 06:13:58 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_0056_01C1A49E.4F8EEF40 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable In case anyone missed it, Mr. G speaks to Congress today at 10 AM on the = US economy, and is expected to be upbeat, clarifying his comments from = his Jan 11 speech in San Francisco. Best indications I can see are that there will not be a further cut in = the Fed rate on 1/30/02. Hopefully today will clarify that, and prepare = the market for that. A bullish perspective on a recovering economy is = likely, IMO, to more than offset any disappointment at not getting = another 25 BP cut. Tom Worley stkguru@netside.net AIM: TexWorley ------=_NextPart_000_0056_01C1A49E.4F8EEF40 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
In case anyone missed it, Mr. G speaks to = Congress today=20 at 10 AM on the US economy, and is expected to be upbeat, clarifying his = comments from his Jan 11 speech in San Francisco.
 
Best indications I can see are that there will = not be a=20 further cut in the Fed rate on 1/30/02. Hopefully today will clarify = that, and=20 prepare the market for that. A bullish perspective on a recovering = economy is=20 likely, IMO, to more than offset any disappointment at not getting = another 25 BP=20 cut.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
------=_NextPart_000_0056_01C1A49E.4F8EEF40-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] Panic attack ... Date: 23 Jan 2002 13:37:18 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_0024_01C1A413.13E3E1C0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Walter, I would have to disagree with part of your conclusion. While the housing = industry did not prevent the start of a recession, it is likely that it = significantly helped to make it a shallow recession, and will help end = it early. There still seems to be a lot of juice left in the home = builders group, and I was adding more to my three positions in my fund = today. Adding to Consumer Sentiment, in addition to lower mortgage = payments, is lower energy costs. That, plus the tax cuts that started = 1/1/02, means a little more money in everyone's paycheck or wallet. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: walter nusbaum=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, January 23, 2002 11:58 AM Subject: Re: [CANSLIM] Panic attack ... Ian, "Stock Market Cycles" was rated "F" in up markets and A+ in down = markets with an annualized gain of 4.6% since 5/31/90(sic), according to = Forbes(22 JAN 01); not exactly the kind of numbers that inspire = confidence. At any rate, there is nothing in the theory or construction = of TRIN that allows for speculation as to the degree of market change. = It is a great market reversal indicator and that's all. According to = Elder, the market can stay over bought/sold for some time and the time = to take action is immediately after TRIN makes a reversal off its = high/low reading and re-penetrates the overbought or oversold line.(The = Equis link says to buy/sell upon reaching the line, which is a specific = number. Elder's recommendation puts you in sync with the new trend. I = don't know what TRIN was doing during the debacle of 2000, but I = suspect(using the Equis standard) it gave buy signals loooong before = their time). The lines themselves should be revisited, and redrawn if necessary, = every three months based upon the interaction of TRIN and the Index that = is being used. The lines indicate areas of concern and specific numbers = above or below the lines have little meaning. TRIN can not be used = mechanically- the same readings mean different things under different = market conditions(Bull/Bear). TRIN gives its best buy/sell signals when = divergence from the Index being used is observed and when used in = combination with the New High-New Low Index.=20 Having said all that, 1.5 is a doozy of a number and will probably be = followed by a downturn. I know nothing, but have little confidence in a = return of the Bull for many moons. The automobile industry with its = attendant suppliers such as steel, glass, rubber, plastics, etc., has = been trashed; housing has typically propelled the new Bull, but housing = has already had its own run with little effect on the overall market. = Consumer Confidence would seem to be a bright spot, but it probably is = the result of lower mortgage payments due to massive refinancing and = bargains picked up by consumers at the expense of the producers, the = very folks that we look to for increased earnings. There's more, but = this grows lengthy so I'll shut up. Thanks for your note. Best wishes, Walt =20 ----- Original Message -----=20 From: Ian=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, January 22, 2002 12:32 PM Subject: [CANSLIM] Panic attack ... Here's a very interesting recent quote from Peter Eliades of Stock = Market Cycles: "At the end of todays trading, we noticed that the lowest = single day TRIN reading over the past 10 trading days was 1.143. That = seemed unusual to us, so we asked the computer to look back over the = past 61 years (since 1940) to find out how many other 10 day periods had = transpired without one single day reading below 1.14. We were stunned at = the answer! The answer is none." The 10 day ARMS index (TRIN) got up to 1.5 again last week. It used = to have huge historical significance in indicating that a major bottom = was to be put in within 20 trading days. It has now happened 4 times in = the past year alone. I don't pretend to know what it means, but there certainly has been = a considerable amount of panic over the last 2 weeks. Ian PS - Here is a quick overview of the ARMS index that someone asked = for: http://www.equis.com/free/taaz/armsindex.html ------=_NextPart_000_0024_01C1A413.13E3E1C0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Walter,
 
I would have to disagree with part of your = conclusion.=20 While the housing industry did not prevent the start of a recession, it = is=20 likely that it significantly helped to make it a shallow recession, and = will=20 help end it early. There still seems to be a lot of juice left in the = home=20 builders group, and I was adding more to my three positions in my fund = today.=20 Adding to Consumer Sentiment, in addition to lower mortgage payments, is = lower=20 energy costs. That, plus the tax cuts that started 1/1/02, means a = little more=20 money in everyone's paycheck or wallet.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 walter=20 nusbaum
Sent: Wednesday, January 23, = 2002 11:58=20 AM
Subject: Re: [CANSLIM] Panic = attack=20 ...

Ian,
"Stock Market Cycles" was rated "F" in up markets = and A+ in=20 down markets with an annualized gain of 4.6% since=20 5/31/90(sic), according to Forbes(22 JAN 01); not exactly = the kind=20 of numbers that inspire confidence. At any rate, there is = nothing in=20 the theory or construction of TRIN that allows for speculation as to = the=20 degree of market change. It is a great market reversal = indicator and=20 that's all. According to Elder, the market can stay over bought/sold = for some=20 time and the time to take action is immediately after TRIN makes a = reversal=20 off its high/low reading and re-penetrates the overbought = or oversold=20 line.(The Equis link says to buy/sell upon reaching the line, which is = a=20 specific number. Elder's recommendation puts you in sync with the new = trend. I=20 don't know what TRIN was doing during the debacle of 2000, but I = suspect(using=20 the Equis standard) it gave buy signals loooong before their=20 time).
 
The lines themselves should be revisited, and = redrawn=20 if necessary, every three months based upon the interaction of TRIN = and the=20 Index that is being used. The lines indicate areas of concern=20 and specific numbers above or below the lines have little=20 meaning. TRIN can not be used mechanically- the same readings = mean=20 different things under different market=20 conditions(Bull/Bear). TRIN gives its best = buy/sell=20 signals when divergence from the Index being used is observed and when = used=20 in combination with the New High-New Low Index. =
 
Having said all that, 1.5 is a doozy of a number=20 and will probably be followed by a downturn. I know nothing, = but=20 have little confidence in a return of the Bull for many moons. The = automobile=20 industry with its attendant suppliers such as steel, glass, rubber, = plastics,=20 etc., has been trashed; housing has typically propelled the new Bull, = but=20 housing has already had its own run with little effect on the = overall=20 market. Consumer Confidence would seem to be a bright spot, but it = probably is=20 the result of lower mortgage payments due to massive refinancing and = bargains=20 picked up by consumers at the expense of the producers, the very folks = that we=20 look to for increased earnings. There's more, but this grows = lengthy so=20 I'll shut up. Thanks for your note.
Best wishes,
Walt
    
----- Original Message -----
From:=20 Ian =
Sent: Tuesday, January 22, = 2002 12:32=20 PM
Subject: [CANSLIM] Panic = attack=20 ...

Here's a very interesting recent quote from = Peter Eliades=20 of Stock Market Cycles: "At the end of todays trading, we noticed = that the=20 lowest single day TRIN reading over the past 10 trading days was = 1.143. That=20 seemed unusual to us, so we asked the computer to look back over the = past 61=20 years (since 1940) to find out how many other 10 day periods had = transpired=20 without one single day reading below 1.14. We were stunned at the = answer!=20 The answer is none."
 
The 10 day ARMS index (TRIN) got up to 1.5 again = last=20 week. It used to have huge historical significance in indicating = that a=20 major bottom was to be put in within 20 trading days. It has now = happened 4=20 times in the past year alone.
 
I don't pretend to know what it means, but there = certainly=20 has been a considerable amount of panic over the last 2 = weeks.
 
Ian
 
 
PS - Here is a quick overview of the ARMS index = that=20 someone asked for: http://www.equis.c= om/free/taaz/armsindex.html
 ------=_NextPart_000_0024_01C1A413.13E3E1C0-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: rolatzi Subject: Re: [CANSLIM] BZH Date: 24 Jan 2002 08:35:32 -0800 (PST) BZH, in home building industry is breaking out from a cup and handle today. EPS=80 QRS=93, 1yr EPS Growth = 63, 5 yr EPS growth = 33. I do not own this stock but housing has been the stalwart for the market in the last few months --- Tom Worley wrote: > Walter, > > I would have to disagree with part of your conclusion. > While the housing industry did not prevent the start of a > recession, it is likely that it significantly helped to > make it a shallow recession, and will help end it early. > There still seems to be a lot of juice left in the home > builders group, and I was adding more to my three > positions in my fund today. Adding to Consumer Sentiment, > in addition to lower mortgage payments, is lower energy > costs. That, plus the tax cuts that started 1/1/02, means > a little more money in everyone's paycheck or wallet. > > Tom Worley > stkguru@netside.net > AIM: TexWorley > ----- Original Message ----- > From: walter nusbaum > To: canslim@lists.xmission.com > Sent: Wednesday, January 23, 2002 11:58 AM > Subject: Re: [CANSLIM] Panic attack ... > > > Ian, > "Stock Market Cycles" was rated "F" in up markets and > A+ in down markets with an annualized gain of 4.6% since > 5/31/90(sic), according to Forbes(22 JAN 01); not exactly > the kind of numbers that inspire confidence. At any rate, > there is nothing in the theory or construction of TRIN > that allows for speculation as to the degree of market > change. It is a great market reversal indicator and > that's all. According to Elder, the market can stay over > bought/sold for some time and the time to take action is > immediately after TRIN makes a reversal off its high/low > reading and re-penetrates the overbought or oversold > line.(The Equis link says to buy/sell upon reaching the > line, which is a specific number. Elder's recommendation > puts you in sync with the new trend. I don't know what > TRIN was doing during the debacle of 2000, but I > suspect(using the Equis standard) it gave buy signals > loooong before their time). > > The lines themselves should be revisited, and redrawn > if necessary, every three months based upon the > interaction of TRIN and the Index that is being used. The > lines indicate areas of concern and specific numbers > above or below the lines have little meaning. TRIN can > not be used mechanically- the same readings mean > different things under different market > conditions(Bull/Bear). TRIN gives its best buy/sell > signals when divergence from the Index being used is > observed and when used in combination with the New > High-New Low Index. > > Having said all that, 1.5 is a doozy of a number and > will probably be followed by a downturn. I know nothing, > but have little confidence in a return of the Bull for > many moons. The automobile industry with its attendant > suppliers such as steel, glass, rubber, plastics, etc., > has been trashed; housing has typically propelled the new > Bull, but housing has already had its own run with little > effect on the overall market. Consumer Confidence would > seem to be a bright spot, but it probably is the result > of lower mortgage payments due to massive refinancing and > bargains picked up by consumers at the expense of the > producers, the very folks that we look to for increased > earnings. There's more, but this grows lengthy so I'll > shut up. Thanks for your note. > Best wishes, > Walt > > ----- Original Message ----- > From: Ian > To: canslim@lists.xmission.com > Sent: Tuesday, January 22, 2002 12:32 PM > Subject: [CANSLIM] Panic attack ... > > > Here's a very interesting recent quote from Peter > Eliades of Stock Market Cycles: "At the end of todays > trading, we noticed that the lowest single day TRIN > reading over the past 10 trading days was 1.143. That > seemed unusual to us, so we asked the computer to look > back over the past 61 years (since 1940) to find out how > many other 10 day periods had transpired without one > single day reading below 1.14. We were stunned at the > answer! The answer is none." > > The 10 day ARMS index (TRIN) got up to 1.5 again last > week. It used to have huge historical significance in > indicating that a major bottom was to be put in within 20 > trading days. It has now happened 4 times in the past > year alone. > > I don't pretend to know what it means, but there > certainly has been a considerable amount of panic over > the last 2 weeks. > > Ian > > > PS - Here is a quick overview of the ARMS index that > someone asked for: > http://www.equis.com/free/taaz/armsindex.html > __________________________________________________ Do You Yahoo!? Great stuff seeking new owners in Yahoo! Auctions! http://auctions.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. ------------------------------------------------------------------------------- From: "Dave" Subject: RE: [CANSLIM] BZH Date: 24 Jan 2002 11:45:13 -0500 LEN is also breaking out, after a failed breakout last week. Same with DFXI (not a homebuilder but nevertheless breaking out after a failed breakout). When stocks fake a breakout, only to have a true breakout days later, what does it say about the market? Were the recent "sell everything" signals false, or is the action over the past few days just a temporary bounce? I suspended all buys after all the recent distribution, but now I'm seeing new breakouts on stocks that I have been watching. Frustrating, to say the least... > -----Original Message----- > From: owner-canslim@lists.xmission.com > [mailto:owner-canslim@lists.xmission.com]On Behalf Of rolatzi > Sent: Thursday, January 24, 2002 11:36 AM > To: canslim@lists.xmission.com > Subject: Re: [CANSLIM] BZH > > > > > BZH, in home building industry is breaking out from a cup > and handle today. EPS=80 QRS=93, 1yr EPS Growth = 63, 5 yr > EPS growth = 33. I do not own this stock but housing has > been the stalwart for the market in the last few months > --- Tom Worley wrote: > > Walter, > > > > I would have to disagree with part of your conclusion. > > While the housing industry did not prevent the start of a > > recession, it is likely that it significantly helped to > > make it a shallow recession, and will help end it early. > > There still seems to be a lot of juice left in the home > > builders group, and I was adding more to my three > > positions in my fund today. Adding to Consumer Sentiment, > > in addition to lower mortgage payments, is lower energy > > costs. That, plus the tax cuts that started 1/1/02, means > > a little more money in everyone's paycheck or wallet. > > > > Tom Worley > > stkguru@netside.net > > AIM: TexWorley > > ----- Original Message ----- > > From: walter nusbaum > > To: canslim@lists.xmission.com > > Sent: Wednesday, January 23, 2002 11:58 AM > > Subject: Re: [CANSLIM] Panic attack ... > > > > > > Ian, > > "Stock Market Cycles" was rated "F" in up markets and > > A+ in down markets with an annualized gain of 4.6% since > > 5/31/90(sic), according to Forbes(22 JAN 01); not exactly > > the kind of numbers that inspire confidence. At any rate, > > there is nothing in the theory or construction of TRIN > > that allows for speculation as to the degree of market > > change. It is a great market reversal indicator and > > that's all. According to Elder, the market can stay over > > bought/sold for some time and the time to take action is > > immediately after TRIN makes a reversal off its high/low > > reading and re-penetrates the overbought or oversold > > line.(The Equis link says to buy/sell upon reaching the > > line, which is a specific number. Elder's recommendation > > puts you in sync with the new trend. I don't know what > > TRIN was doing during the debacle of 2000, but I > > suspect(using the Equis standard) it gave buy signals > > loooong before their time). > > > > The lines themselves should be revisited, and redrawn > > if necessary, every three months based upon the > > interaction of TRIN and the Index that is being used. The > > lines indicate areas of concern and specific numbers > > above or below the lines have little meaning. TRIN can > > not be used mechanically- the same readings mean > > different things under different market > > conditions(Bull/Bear). TRIN gives its best buy/sell > > signals when divergence from the Index being used is > > observed and when used in combination with the New > > High-New Low Index. > > > > Having said all that, 1.5 is a doozy of a number and > > will probably be followed by a downturn. I know nothing, > > but have little confidence in a return of the Bull for > > many moons. The automobile industry with its attendant > > suppliers such as steel, glass, rubber, plastics, etc., > > has been trashed; housing has typically propelled the new > > Bull, but housing has already had its own run with little > > effect on the overall market. Consumer Confidence would > > seem to be a bright spot, but it probably is the result > > of lower mortgage payments due to massive refinancing and > > bargains picked up by consumers at the expense of the > > producers, the very folks that we look to for increased > > earnings. There's more, but this grows lengthy so I'll > > shut up. Thanks for your note. > > Best wishes, > > Walt > > > > ----- Original Message ----- > > From: Ian > > To: canslim@lists.xmission.com > > Sent: Tuesday, January 22, 2002 12:32 PM > > Subject: [CANSLIM] Panic attack ... > > > > > > Here's a very interesting recent quote from Peter > > Eliades of Stock Market Cycles: "At the end of todays > > trading, we noticed that the lowest single day TRIN > > reading over the past 10 trading days was 1.143. That > > seemed unusual to us, so we asked the computer to look > > back over the past 61 years (since 1940) to find out how > > many other 10 day periods had transpired without one > > single day reading below 1.14. We were stunned at the > > answer! The answer is none." > > > > The 10 day ARMS index (TRIN) got up to 1.5 again last > > week. It used to have huge historical significance in > > indicating that a major bottom was to be put in within 20 > > trading days. It has now happened 4 times in the past > > year alone. > > > > I don't pretend to know what it means, but there > > certainly has been a considerable amount of panic over > > the last 2 weeks. > > > > Ian > > > > > > PS - Here is a quick overview of the ARMS index that > > someone asked for: > > http://www.equis.com/free/taaz/armsindex.html > > > > > __________________________________________________ > Do You Yahoo!? > Great stuff seeking new owners in Yahoo! Auctions! > http://auctions.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. ------------------------------------------------------------------------------- From: Ian Subject: Re: [CANSLIM] Panic attack ... Date: 24 Jan 2002 10:26:49 -0800 This is a multi-part message in MIME format. --Boundary_(ID_A7+pNmZzUjs+hkWoTgXoMA) Content-type: text/plain; charset=iso-8859-1 Content-transfer-encoding: 7BIT Walt: My only interest in TRIN readings is in when it reaches extreme sustained historical highs - which I take to indicate exhaustion selling - meaning it will be followed by a significant upturn. These readings are very rare - so there is no way I would look to TRIN for short-term wiggles. That being said, I am surprised that you think the extreme panic recently indicated means that "it will probably be followed by a downturn". Why would you think that? My take is that it signals that we are running out of indiscriminate sellers. I believe that the recent strong volatility in both directions is indicative of the beginnings of a new bull. IMHO, it is needed to separate out the most tired of the last bulls winners - those are the ones that drop in the selloffs, but dont rebound strongly in the surges. I find it interesting that most on this board are quite bearish, while I find myself with the lowest cash position in well over a year, and a growing supply of buyer-friendly microcaps. Cheers, Ian ----- Original Message ----- From: Tom Worley To: canslim@lists.xmission.com Sent: Wednesday, January 23, 2002 10:37 AM Subject: Re: [CANSLIM] Panic attack ... Walter, I would have to disagree with part of your conclusion. While the housing industry did not prevent the start of a recession, it is likely that it significantly helped to make it a shallow recession, and will help end it early. There still seems to be a lot of juice left in the home builders group, and I was adding more to my three positions in my fund today. Adding to Consumer Sentiment, in addition to lower mortgage payments, is lower energy costs. That, plus the tax cuts that started 1/1/02, means a little more money in everyone's paycheck or wallet. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message ----- From: walter nusbaum To: canslim@lists.xmission.com Sent: Wednesday, January 23, 2002 11:58 AM Subject: Re: [CANSLIM] Panic attack ... Ian, "Stock Market Cycles" was rated "F" in up markets and A+ in down markets with an annualized gain of 4.6% since 5/31/90(sic), according to Forbes(22 JAN 01); not exactly the kind of numbers that inspire confidence. At any rate, there is nothing in the theory or construction of TRIN that allows for speculation as to the degree of market change. It is a great market reversal indicator and that's all. According to Elder, the market can stay over bought/sold for some time and the time to take action is immediately after TRIN makes a reversal off its high/low reading and re-penetrates the overbought or oversold line.(The Equis link says to buy/sell upon reaching the line, which is a specific number. Elder's recommendation puts you in sync with the new trend. I don't know what TRIN was doing during the debacle of 2000, but I suspect(using the Equis standard) it gave buy signals loooong before their time). The lines themselves should be revisited, and redrawn if necessary, every three months based upon the interaction of TRIN and the Index that is being used. The lines indicate areas of concern and specific numbers above or below the lines have little meaning. TRIN can not be used mechanically- the same readings mean different things under different market conditions(Bull/Bear). TRIN gives its best buy/sell signals when divergence from the Index being used is observed and when used in combination with the New High-New Low Index. Having said all that, 1.5 is a doozy of a number and will probably be followed by a downturn. I know nothing, but have little confidence in a return of the Bull for many moons. The automobile industry with its attendant suppliers such as steel, glass, rubber, plastics, etc., has been trashed; housing has typically propelled the new Bull, but housing has already had its own run with little effect on the overall market. Consumer Confidence would seem to be a bright spot, but it probably is the result of lower mortgage payments due to massive refinancing and bargains picked up by consumers at the expense of the producers, the very folks that we look to for increased earnings. There's more, but this grows lengthy so I'll shut up. Thanks for your note. Best wishes, Walt ----- Original Message ----- From: Ian To: canslim@lists.xmission.com Sent: Tuesday, January 22, 2002 12:32 PM Subject: [CANSLIM] Panic attack ... Here's a very interesting recent quote from Peter Eliades of Stock Market Cycles: "At the end of todays trading, we noticed that the lowest single day TRIN reading over the past 10 trading days was 1.143. That seemed unusual to us, so we asked the computer to look back over the past 61 years (since 1940) to find out how many other 10 day periods had transpired without one single day reading below 1.14. We were stunned at the answer! The answer is none." The 10 day ARMS index (TRIN) got up to 1.5 again last week. It used to have huge historical significance in indicating that a major bottom was to be put in within 20 trading days. It has now happened 4 times in the past year alone. I don't pretend to know what it means, but there certainly has been a considerable amount of panic over the last 2 weeks. Ian PS - Here is a quick overview of the ARMS index that someone asked for: http://www.equis.com/free/taaz/armsindex.html --Boundary_(ID_A7+pNmZzUjs+hkWoTgXoMA) Content-type: text/html; charset=iso-8859-1 Content-transfer-encoding: 7BIT
Walt:
 
My only interest in TRIN readings is in when it reaches extreme sustained historical highs - which I take to indicate exhaustion selling - meaning it will be followed by a significant upturn. These readings are very rare - so there is no way I would look to TRIN for short-term wiggles.
 
That being said, I am surprised that you think the extreme panic recently indicated means that "it will probably be followed by a downturn". Why would you think that? My take is that it signals that we are running out of indiscriminate sellers.
 
I believe that the recent strong volatility in both directions is indicative of the beginnings of a new bull. IMHO, it is needed to separate out the most tired of the last bulls winners - those are the ones that drop in the selloffs, but dont rebound strongly in the surges.
 
I find it interesting that most on this board are quite bearish, while I find myself with the lowest cash position in well over a year, and a growing supply of buyer-friendly microcaps.
 
Cheers,
 
Ian
 
 
----- Original Message -----
From: Tom Worley
Sent: Wednesday, January 23, 2002 10:37 AM
Subject: Re: [CANSLIM] Panic attack ...

Walter,
 
I would have to disagree with part of your conclusion. While the housing industry did not prevent the start of a recession, it is likely that it significantly helped to make it a shallow recession, and will help end it early. There still seems to be a lot of juice left in the home builders group, and I was adding more to my three positions in my fund today. Adding to Consumer Sentiment, in addition to lower mortgage payments, is lower energy costs. That, plus the tax cuts that started 1/1/02, means a little more money in everyone's paycheck or wallet.
 
Tom Worley
stkguru@netside.net
AIM: TexWorley
----- Original Message -----
Sent: Wednesday, January 23, 2002 11:58 AM
Subject: Re: [CANSLIM] Panic attack ...

Ian,
"Stock Market Cycles" was rated "F" in up markets and A+ in down markets with an annualized gain of 4.6% since 5/31/90(sic), according to Forbes(22 JAN 01); not exactly the kind of numbers that inspire confidence. At any rate, there is nothing in the theory or construction of TRIN that allows for speculation as to the degree of market change. It is a great market reversal indicator and that's all. According to Elder, the market can stay over bought/sold for some time and the time to take action is immediately after TRIN makes a reversal off its high/low reading and re-penetrates the overbought or oversold line.(The Equis link says to buy/sell upon reaching the line, which is a specific number. Elder's recommendation puts you in sync with the new trend. I don't know what TRIN was doing during the debacle of 2000, but I suspect(using the Equis standard) it gave buy signals loooong before their time).
 
The lines themselves should be revisited, and redrawn if necessary, every three months based upon the interaction of TRIN and the Index that is being used. The lines indicate areas of concern and specific numbers above or below the lines have little meaning. TRIN can not be used mechanically- the same readings mean different things under different market conditions(Bull/Bear). TRIN gives its best buy/sell signals when divergence from the Index being used is observed and when used in combination with the New High-New Low Index.
 
Having said all that, 1.5 is a doozy of a number and will probably be followed by a downturn. I know nothing, but have little confidence in a return of the Bull for many moons. The automobile industry with its attendant suppliers such as steel, glass, rubber, plastics, etc., has been trashed; housing has typically propelled the new Bull, but housing has already had its own run with little effect on the overall market. Consumer Confidence would seem to be a bright spot, but it probably is the result of lower mortgage payments due to massive refinancing and bargains picked up by consumers at the expense of the producers, the very folks that we look to for increased earnings. There's more, but this grows lengthy so I'll shut up. Thanks for your note.
Best wishes,
Walt
    
----- Original Message -----
From: Ian
Sent: Tuesday, January 22, 2002 12:32 PM
Subject: [CANSLIM] Panic attack ...

Here's a very interesting recent quote from Peter Eliades of Stock Market Cycles: "At the end of todays trading, we noticed that the lowest single day TRIN reading over the past 10 trading days was 1.143. That seemed unusual to us, so we asked the computer to look back over the past 61 years (since 1940) to find out how many other 10 day periods had transpired without one single day reading below 1.14. We were stunned at the answer! The answer is none."
 
The 10 day ARMS index (TRIN) got up to 1.5 again last week. It used to have huge historical significance in indicating that a major bottom was to be put in within 20 trading days. It has now happened 4 times in the past year alone.
 
I don't pretend to know what it means, but there certainly has been a considerable amount of panic over the last 2 weeks.
 
Ian
 
 
PS - Here is a quick overview of the ARMS index that someone asked for: http://www.equis.com/free/taaz/armsindex.html
--Boundary_(ID_A7+pNmZzUjs+hkWoTgXoMA)-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] Panic attack ... Date: 24 Jan 2002 13:41:50 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_00B8_01C1A4DC.E086B710 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Not me, Ian, I am quite bullish. Aside from some cash resulting from a = buyout offer (I sold on the news), my IRA is fully invested as usual. My = VR Fund has about 8% cash, partially because of the same buyout news, = the rest from some other adjustments made this week. But about half of = that is already committed to buy limit orders in place. I am starting to take a less tolerant look at anything I have owned for = more than two months, and still has not performed at least a little. May = ride them thru current earnings reporting cycle, after that most will be = gone. Fortunately, that's only about 10 of my 50 stocks. However, I have also discovered something about myself. I have been = willing to buy impetuously for my VR Fund, and done quite well with many = picks. Yet I have ended up sitting in cash in my margin account for six = months, missing limit order after limit order (partially because I may = need the funds for home renovation). He who hesitates is lost, I guess. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Ian=20 To: canslim@lists.xmission.com=20 Sent: Thursday, January 24, 2002 1:26 PM Subject: Re: [CANSLIM] Panic attack ... Walt: I find it interesting that most on this board are quite bearish, while = I find myself with the lowest cash position in well over a year, and a = growing supply of buyer-friendly microcaps. Cheers, Ian ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, January 23, 2002 10:37 AM Subject: Re: [CANSLIM] Panic attack ... Walter, I would have to disagree with part of your conclusion. While the = housing industry did not prevent the start of a recession, it is likely = that it significantly helped to make it a shallow recession, and will = help end it early. There still seems to be a lot of juice left in the = home builders group, and I was adding more to my three positions in my = fund today. Adding to Consumer Sentiment, in addition to lower mortgage = payments, is lower energy costs. That, plus the tax cuts that started = 1/1/02, means a little more money in everyone's paycheck or wallet. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: walter nusbaum=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, January 23, 2002 11:58 AM Subject: Re: [CANSLIM] Panic attack ... Ian, "Stock Market Cycles" was rated "F" in up markets and A+ in down = markets with an annualized gain of 4.6% since 5/31/90(sic), according to = Forbes(22 JAN 01); not exactly the kind of numbers that inspire = confidence. At any rate, there is nothing in the theory or construction = of TRIN that allows for speculation as to the degree of market change. = It is a great market reversal indicator and that's all. According to = Elder, the market can stay over bought/sold for some time and the time = to take action is immediately after TRIN makes a reversal off its = high/low reading and re-penetrates the overbought or oversold line.(The = Equis link says to buy/sell upon reaching the line, which is a specific = number. Elder's recommendation puts you in sync with the new trend. I = don't know what TRIN was doing during the debacle of 2000, but I = suspect(using the Equis standard) it gave buy signals loooong before = their time). The lines themselves should be revisited, and redrawn if = necessary, every three months based upon the interaction of TRIN and the = Index that is being used. The lines indicate areas of concern and = specific numbers above or below the lines have little meaning. TRIN can = not be used mechanically- the same readings mean different things under = different market conditions(Bull/Bear). TRIN gives its best buy/sell = signals when divergence from the Index being used is observed and when = used in combination with the New High-New Low Index.=20 Having said all that, 1.5 is a doozy of a number and will probably = be followed by a downturn. I know nothing, but have little confidence in = a return of the Bull for many moons. The automobile industry with its = attendant suppliers such as steel, glass, rubber, plastics, etc., has = been trashed; housing has typically propelled the new Bull, but housing = has already had its own run with little effect on the overall market. = Consumer Confidence would seem to be a bright spot, but it probably is = the result of lower mortgage payments due to massive refinancing and = bargains picked up by consumers at the expense of the producers, the = very folks that we look to for increased earnings. There's more, but = this grows lengthy so I'll shut up. Thanks for your note. Best wishes, Walt =20 ----- Original Message -----=20 From: Ian=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, January 22, 2002 12:32 PM Subject: [CANSLIM] Panic attack ... Here's a very interesting recent quote from Peter Eliades of = Stock Market Cycles: "At the end of todays trading, we noticed that the = lowest single day TRIN reading over the past 10 trading days was 1.143. = That seemed unusual to us, so we asked the computer to look back over = the past 61 years (since 1940) to find out how many other 10 day periods = had transpired without one single day reading below 1.14. We were = stunned at the answer! The answer is none." The 10 day ARMS index (TRIN) got up to 1.5 again last week. It = used to have huge historical significance in indicating that a major = bottom was to be put in within 20 trading days. It has now happened 4 = times in the past year alone. I don't pretend to know what it means, but there certainly has = been a considerable amount of panic over the last 2 weeks. Ian PS - Here is a quick overview of the ARMS index that someone = asked for: http://www.equis.com/free/taaz/armsindex.html ------=_NextPart_000_00B8_01C1A4DC.E086B710 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Not me, Ian, I am quite bullish. Aside from some = cash=20 resulting from a buyout offer (I sold on the news), my IRA is fully = invested as=20 usual. My VR Fund has about 8% cash, partially because of the same = buyout news,=20 the rest from some other adjustments made this week. But about half of = that is=20 already committed to buy limit orders in place.
 
I am starting to take a less tolerant look at = anything I=20 have owned for more than two months, and still has not performed at = least a=20 little. May ride them thru current earnings reporting cycle, after that = most=20 will be gone. Fortunately, that's only about 10 of my 50 = stocks.
 
However, I have also discovered something about = myself. I=20 have been willing to buy impetuously for my VR Fund, and done quite well = with=20 many picks. Yet I have ended up sitting in cash in my margin account for = six=20 months, missing limit order after limit order (partially because I may = need the=20 funds for home renovation). He who hesitates is lost, I = guess.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Ian =
Sent: Thursday, January 24, = 2002 1:26=20 PM
Subject: Re: [CANSLIM] Panic = attack=20 ...

Walt:
 
<snipped>
I find it interesting that most on this board are = quite=20 bearish, while I find myself with the lowest cash position in well = over a=20 year, and a growing supply of buyer-friendly microcaps.
 
Cheers,
 
Ian
 
 
----- Original Message -----
From:=20 Tom=20 Worley
Sent: Wednesday, January 23, = 2002 10:37=20 AM
Subject: Re: [CANSLIM] Panic = attack=20 ...

Walter,
 
I would have to disagree with part of your = conclusion.=20 While the housing industry did not prevent the start of a recession, = it is=20 likely that it significantly helped to make it a shallow recession, = and will=20 help end it early. There still seems to be a lot of juice left in = the home=20 builders group, and I was adding more to my three positions in my = fund=20 today. Adding to Consumer Sentiment, in addition to lower mortgage = payments,=20 is lower energy costs. That, plus the tax cuts that started 1/1/02, = means a=20 little more money in everyone's paycheck or wallet.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message ----- =
From:=20 walter=20 nusbaum
To: canslim@lists.xmission.com= =20
Sent: Wednesday, January = 23, 2002=20 11:58 AM
Subject: Re: [CANSLIM] = Panic attack=20 ...

Ian,
"Stock Market Cycles" was rated "F" in up = markets and A+=20 in down markets with an annualized gain of 4.6% since=20 5/31/90(sic), according to Forbes(22 JAN 01); not = exactly the=20 kind of numbers that inspire confidence. At any rate, = there is=20 nothing in the theory or construction of TRIN that allows for = speculation=20 as to the degree of market change. It is a great market reversal=20 indicator and that's all. According to Elder, the market can = stay=20 over bought/sold for some time and the time to take action is = immediately=20 after TRIN makes a reversal off its high/low reading and = re-penetrates the=20 overbought or oversold line.(The Equis link says to buy/sell = upon=20 reaching the line, which is a specific number. Elder's = recommendation puts=20 you in sync with the new trend. I don't know what TRIN was doing = during=20 the debacle of 2000, but I suspect(using the Equis = standard) it gave=20 buy signals loooong before their time).
 
The lines themselves should be revisited, = and=20 redrawn if necessary, every three months based upon the = interaction of=20 TRIN and the Index that is being used. The lines indicate areas of = concern=20 and specific numbers above or below the lines have little=20 meaning. TRIN can not be used mechanically- the same readings = mean=20 different things under different market=20 conditions(Bull/Bear). TRIN gives its = best=20 buy/sell signals when divergence from the Index being used is = observed and=20 when used in combination with the New High-New Low = Index.=20
 
Having said all that, 1.5 is a doozy of a = number=20 and will probably be followed by a downturn. I know = nothing, but=20 have little confidence in a return of the Bull for many moons. The = automobile industry with its attendant suppliers such as steel, = glass,=20 rubber, plastics, etc., has been trashed; housing has typically = propelled=20 the new Bull, but housing has already had its own run with = little=20 effect on the overall market. Consumer Confidence would seem to be = a=20 bright spot, but it probably is the result of lower mortgage = payments due=20 to massive refinancing and bargains picked up by consumers at the = expense=20 of the producers, the very folks that we look to for increased = earnings.=20 There's more, but this grows lengthy so I'll shut up. Thanks = for your=20 note.
Best wishes,
Walt
    
----- Original Message ----- =
From:=20 Ian =
To: canslim@lists.xmission.com= =20
Sent: Tuesday, January = 22, 2002=20 12:32 PM
Subject: [CANSLIM] Panic = attack=20 ...

Here's a very interesting recent quote from = Peter=20 Eliades of Stock Market Cycles: "At the end of todays trading, = we=20 noticed that the lowest single day TRIN reading over the past 10 = trading=20 days was 1.143. That seemed unusual to us, so we asked the = computer to=20 look back over the past 61 years (since 1940) to find out how = many other=20 10 day periods had transpired without one single day reading = below 1.14.=20 We were stunned at the answer! The answer is none."
 
The 10 day ARMS index (TRIN) got up to 1.5 = again last=20 week. It used to have huge historical significance in indicating = that a=20 major bottom was to be put in within 20 trading days. It has now = happened 4 times in the past year alone.
 
I don't pretend to know what it means, but = there=20 certainly has been a considerable amount of panic over the last = 2=20 weeks.
 
Ian
 
 
PS - Here is a quick overview of the ARMS = index that=20 someone asked for: http://www.equis.c= om/free/taaz/armsindex.html
------=_NextPart_000_00B8_01C1A4DC.E086B710-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] DFXI vs. JEC--Faulty handle? Date: 24 Jan 2002 12:58:19 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_00AC_01C1A4D6.CBE00F60 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Thanks stockoper8or and Tom for your input. I am watching DFXI with great interest as a "case study." The last = couple of days seemed to indicate strength as the stock bounced again = off the pivot. Today, however, the action is forming the dreaded tail on = fairly high volume. Will be interesting to see how it plays out. Katherine ----- Original Message -----=20 From: stock oper8or=20 To: canslim@lists.xmission.com=20 Sent: Monday, January 21, 2002 6:34 PM Subject: Re: [CANSLIM] DFXI vs. JEC--Faulty handle? I thought DFXI looked somewhat sloppy in the handle but not enough to=20 preculde its purchase: There were 5 down days on above average = volume, the=20 pattern was wide and loose, never really formed a downward wedge and = the=20 volume did not really "dry up". One of the best indicators of a = chart's=20 quality is its weekly chart. I believe you want to see what looks = like a=20 real handle in the weekly chart. On the weekly of DFXI you can see = the wide=20 action of the handle and it never really looked like a classic handle, = but=20 more like a pennant or triangle. Neverthess the breakout was very strong, gapping out on more than = double=20 average daily volume. It could be argued that the strength of the = breakout=20 outweighed the imperfect action in the handle. All in all, this was = not a=20 perfect chart but was probably worth buying as it had such strong = qualities=20 other than the non-ideal price-volume action in the handle. While it = has=20 given back all its gains plus a little bit, it is still holding right = in the=20 pivot area. If it holds at the lows of the past 2 days, I would say = it is=20 worth holding. If I owned it (which I don't), I would put my stop = pretty=20 close to those intraday lows. By comparison JEC (during October) was so wide and loose that even = though=20 it's "handle?" was downward sloping and the volume did dry up from Oct = 18-20, the action was just not constructive whatsoever. There was as = much=20 or more down volume as up volume coming up the right side and the = stock had=20 multiple intraday reversals on above average volume. When it did try = to=20 "break out" the volume barely exceeded average. This was definitely = not a=20 buy by any stretch of the imagination. >From: "Katherine Malm" >Reply-To: canslim@lists.xmission.com >To: >Subject: [CANSLIM] DFXI vs. JEC--Faulty handle? >Date: Sun, 20 Jan 2002 07:50:53 -0600 > >DFXI's chart has been bothering me for some time. An Investor's = Corner=20 >article dated 12/17/01 used JEC as an example of a "zig-zag" faulty = handle.=20 >What do you think, could DFXI have the same faulty handle? > >http://WallStreet-LLC.com/pub/DFXI_011802.jpg >http://WallStreet-LLC.com/pub/JEC_011802.jpg > >Katherine _________________________________________________________________ Send and receive Hotmail on your mobile device: http://mobile.msn.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. ------=_NextPart_000_00AC_01C1A4D6.CBE00F60 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Thanks stockoper8or and Tom for your input.
 
I am watching DFXI with great interest as a "case study." The last = couple=20 of days seemed to indicate strength as the stock bounced again off the = pivot.=20 Today, however, the action is forming the dreaded tail on fairly high = volume.=20 Will be interesting to see how it plays out.
 
Katherine
----- Original Message -----
From:=20 stock=20 oper8or
Sent: Monday, January 21, 2002 = 6:34=20 PM
Subject: Re: [CANSLIM] DFXI vs. = JEC--Faulty handle?

I thought DFXI looked somewhat sloppy in the handle but = not=20 enough to
preculde its purchase:  There were 5 down days on = above=20 average volume, the
pattern was wide and loose, never really = formed a=20 downward wedge and the
volume did not really "dry up".  One = of the=20 best indicators of a chart's
quality is its weekly chart.  I = believe=20 you want to see what looks like a
real handle in the weekly = chart. =20 On the weekly of DFXI you can see the wide
action of the handle = and it=20 never really looked like a classic handle, but
more like a pennant = or=20 triangle.

Neverthess the breakout was very strong, gapping out = on more=20 than double
average daily volume.  It could be argued that = the=20 strength of the breakout
outweighed the imperfect action in the=20 handle.  All in all, this was not a
perfect chart but was = probably=20 worth buying as it had such strong qualities
other than the = non-ideal=20 price-volume action in the handle.  While it has
given back = all its=20 gains plus a little bit, it is still holding right in the
pivot=20 area.  If it holds at the lows of the past 2 days, I would say it = is=20
worth holding.  If I owned it (which I don't), I would put my = stop=20 pretty
close to those intraday lows.

By comparison JEC = (during=20 October) was so wide and loose that even though
it's "handle?" was = downward sloping and the volume did dry up from Oct
18-20, the = action was=20 just not constructive whatsoever.  There was as much
or more = down=20 volume as up volume coming up the right side and the stock had =
multiple=20 intraday reversals on above average volume.  When it did try to=20
"break out" the volume barely exceeded average.  This was = definitely=20 not a
buy by any stretch of the imagination.


>From:=20 "Katherine Malm" <kmalm@earthlink.net>
>Re= ply-To:=20 canslim@lists.xmission.com=
>To:=20 <canslim@lists.xmission.com= >
>Subject:=20 [CANSLIM] DFXI vs. JEC--Faulty handle?
>Date: Sun, 20 Jan 2002 = 07:50:53=20 -0600
>
>DFXI's chart has been bothering me for some time. = An=20 Investor's Corner
>article dated 12/17/01 used JEC as an = example of a=20 "zig-zag" faulty handle.
>What do you think, could DFXI have = the same=20 faulty=20 = handle?
>
>http://WallStreet-LLC.com/pub/DFXI_011802.jpg
&= gt;http://WallStreet-LLC.com/pub/JEC_011802.jpg
>
>Katherine<= BR>

______________________________________________________________= ___
Send=20 and receive Hotmail on your mobile device: http://mobile.msn.com


-
= -To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your email.
------=_NextPart_000_00AC_01C1A4D6.CBE00F60-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Mike Hofmann" Subject: [CANSLIM] My Market Guide CANSLIM screen Date: 21 Jan 2002 18:17:12 -0800 This is a multi-part message in MIME format. ------=_NextPart_000_0309_01C1A2A7.D9437740 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable All, I've been playing around with Market Guide quite a bit the past few = weeks. I built a screen that I thought would yield a list of CANSLIM = candidates for further research. Here are my screening criteria and the = number of stocks left after each (Market Guide has 9385 companies in its = database): Criteria Results=20 1 {EPS%ChgPYQ}>=3D25 1103=20 2 {Sales%ChgPYQ}>=3D25 310=20 3 {EPS%ChgPYQ}>{EPS%ChgTTM}.AND.{EPS%ChgTTM}>0 103=20 4 {EPS5YCGr%}>=3D25 33=20 5 {EPS3YCGr%}>=3D25 16=20 6 {ShsOutMR}<=3D25 6=20 7 {Price}>=3D10 4=20 I was disappointed that my screen only left me with 4 stocks, one of = which is in deep doo-doo with the SEC (CHEZ). I think the shorthand = should be decipherable, but just in case it's not: EPS%ChgPYQ =3D Quarter over Quarter % Change in EPS Sales%ChgPYQ =3D Quarter over Quarter % Change in Sales EPS%ChgTTM =3D Trailing twelve months % Change in EPS from previous TTM EPS5YCGr% =3D EPS 5-year growth rate (%) EPS3YCGr% =3D EPS 3-year growth rate (%) ShsOutMR =3D Shares outstanding (mill.) The 3rd criterion was my attempt to seek companies with recently = increasing earnings. I think these criteria are true to CANSLIM as taught by WON/IBD, no? In = fact, I think WON recommends a share price cut-off of 15 instead of the = 10 I'm using. If I relax all of the % Change criteria from 25 to 20, I = get 5 more companies. Assuming my criteria are truly CANSLIMish, I = suppose it means that CANSLIMmers should be on the sidelines at least = until this round of earnings reports comes in. btw, the other 3 stocks (besides CHEZ) that meet the 25% criteria are = ACRT, MGAM & TARO. The additional 5 that meet the 20% growth criteria = are DKWD, ICUI, MINI, PENN & SCOR. Please tell me if/where I'm missing the boat here. Thanks, Mike ------=_NextPart_000_0309_01C1A2A7.D9437740 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
All,
 
I've been playing around with Market = Guide quite a=20 bit the past few weeks. I built a screen that I thought would yield a = list of=20 CANSLIM candidates for further research. Here are my screening criteria = and the=20 number of stocks left after each (Market Guide has 9385 companies in its = database):
 
   Criteria Results
 1  {EPS%ChgPYQ}>=3D25  1103
 2  {Sales%ChgPYQ}>=3D25  310
 3  {EPS%ChgPYQ}>{EPS%ChgTTM}.AND.{EPS%ChgTTM}>0=20  103
 4  {EPS5YCGr%}>=3D25  33
 5  {EPS3YCGr%}>=3D25  16
 6  {ShsOutMR}<=3D25  6
 7  {Price}>=3D10  4
<= /DIV>
 
I was disappointed that my screen only = left me with=20 4 stocks, one of which is in deep doo-doo with the SEC (CHEZ). I think = the=20 shorthand should be decipherable, but just in case it's = not:
 
EPS%ChgPYQ =3D Quarter over Quarter % = Change in=20 EPS
Sales%ChgPYQ =3D Quarter over Quarter = % Change in=20 Sales
EPS%ChgTTM =3D Trailing twelve months = % Change in=20 EPS from previous TTM
EPS5YCGr% =3D EPS 5-year growth rate=20 (%)
EPS3YCGr% =3D EPS 3-year growth rate=20 (%)
ShsOutMR =3D Shares outstanding=20 (mill.)
 
The 3rd criterion was my attempt to = seek companies=20 with recently increasing earnings.
 
I think these criteria are true to = CANSLIM as=20 taught by WON/IBD, no? In fact, I think WON recommends a share price = cut-off of=20 15 instead of the 10 I'm using. If I relax all of the % Change criteria = from 25=20 to 20, I get 5 more companies. Assuming my criteria are truly = CANSLIMish, I=20 suppose it means that CANSLIMmers should be on the sidelines at least = until this=20 round of earnings reports comes in.
 
btw, the other 3 stocks (besides CHEZ) = that meet=20 the 25% criteria are ACRT, MGAM & TARO. The additional 5 that meet = the 20%=20 growth criteria are DKWD, ICUI, MINI, PENN & SCOR.
 
Please tell me if/where I'm missing the = boat=20 here.
 
Thanks,
Mike
------=_NextPart_000_0309_01C1A2A7.D9437740-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] ELTE Date: 24 Jan 2002 04:06:53 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_000E_01C1A48C.8E2A2D30 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi Ian, What I like about this one is the consistency of sales and earnings. = They had been in a slump on both for five quarters, falling to a 6 cent = loss on $12.4 million in sales. Since then, both sales and earnings have = grown consistently and sequentially, last quarter showing 23 cents net = on $18.5 million.=20 So Q4 is an easy qtr for comparison, and will depend on what management = says about 2002. But with the new CRM, and their willingness to talk = about early success, I expect bullishness. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Ian=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, January 23, 2002 10:12 PM Subject: Re: [CANSLIM] ELTE I can't see how you can lose. 40 new customers in just 45 days for a = brand new CRM product? I don't think it is included at all in management = estimates. My gut tells me that this company is really in its sweet = spot. I wish they had released Q4 financials by now - I'm not sure what = to do if it runs before they are announced? Ian ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, January 23, 2002 5:41 PM Subject: [CANSLIM] ELTE Nice move today on volume, but didn't pass the pivot. I picked up = more for my VR fund based solely on TA (Technical Analysis) using MACD, = OBV, and MF (Moving Average Convergence Divergence, On Balance Volume, = Money Flow). Trying to regain my former discipline while I have some = time off and improve my timing. Tom Worley stkguru@netside.net AIM: TexWorley ------=_NextPart_000_000E_01C1A48C.8E2A2D30 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Hi Ian,
 
What I like about this one is the consistency of = sales and=20 earnings. They had been in a slump on both for five quarters, falling to = a 6=20 cent loss on $12.4 million in sales. Since then, both sales and earnings = have=20 grown consistently and sequentially, last quarter showing 23 cents net = on $18.5=20 million.
 
So Q4 is an easy qtr for comparison, and will = depend on=20 what management says about 2002. But with the new CRM, and their = willingness to=20 talk about early success, I expect bullishness.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Ian =
Sent: Wednesday, January 23, = 2002 10:12=20 PM
Subject: Re: [CANSLIM] = ELTE

I can't see how you can lose. 40 new customers in = just 45=20 days for a brand new CRM product? I don't think it is included at all = in=20 management estimates. My gut tells me that this company is really in = its sweet=20 spot. I wish they had released Q4 financials by now - I'm not sure = what to do=20 if it runs before they are announced?
 
Ian
 
 
----- Original Message -----
From:=20 Tom=20 Worley
Sent: Wednesday, January 23, = 2002 5:41=20 PM
Subject: [CANSLIM] ELTE

Nice move today on volume, but didn't pass = the pivot.=20 I picked up more for my VR fund based solely on TA (Technical = Analysis)=20 using MACD, OBV, and MF (Moving Average Convergence Divergence, On = Balance=20 Volume, Money Flow). Trying to regain my former discipline while I = have some=20 time off and improve my timing.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
------=_NextPart_000_000E_01C1A48C.8E2A2D30-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Ben Chilcote" Subject: [CANSLIM] Intro: Ben Chilcote Date: 24 Jan 2002 08:24:48 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_0070_01C1A4B0.96644E80 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hello everyone, My name is Ben and I live in rural central Pennsylvania about 30 miles = west of State College, home of Penn State. I am an engineering specialist (CAD operator) working out of my home. I = have been investing online since December of 1999. I only became aware = of IBD about 6 months ago and now am a subscriber to the IBD newspaper. = I have read both of Bill O'neil's books and am still learning about = CANSLIM investing.=20 Looking forward to my time in the CANSLIM discussion group. Ben ------=_NextPart_000_0070_01C1A4B0.96644E80 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Hello everyone,
 
My name is Ben and I live in rural = central=20 Pennsylvania about 30 miles west of State College, home of Penn=20 State.
I am an engineering specialist (CAD = operator)=20 working out of my home.  I have been investing online since = December of=20 1999.  I only became aware of IBD about 6 months ago and now am a=20 subscriber to the IBD newspaper.  I have read both of Bill O'neil's = books=20 and am still learning about CANSLIM investing. 
 
Looking forward to my time in the = CANSLIM=20 discussion group.
 
 
Ben
------=_NextPart_000_0070_01C1A4B0.96644E80-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] Intro: Ben Chilcote Date: 24 Jan 2002 15:05:28 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_0112_01C1A4E8.8F4DE7E0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi Ben, You're a smart cookie to have found the CANSLIM list so soon....took me = 4 years of CANSLIM to figure out it would have been a lot easier with = some support. Welcome and glad to meet you, Katherine ----- Original Message -----=20 From: Ben Chilcote=20 To: canslim@lists.xmission.com=20 Sent: Thursday, January 24, 2002 7:24 AM Subject: [CANSLIM] Intro: Ben Chilcote Hello everyone, My name is Ben and I live in rural central Pennsylvania about 30 miles = west of State College, home of Penn State. I am an engineering specialist (CAD operator) working out of my home. = I have been investing online since December of 1999. I only became = aware of IBD about 6 months ago and now am a subscriber to the IBD = newspaper. I have read both of Bill O'neil's books and am still = learning about CANSLIM investing.=20 Looking forward to my time in the CANSLIM discussion group. Ben ------=_NextPart_000_0112_01C1A4E8.8F4DE7E0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Hi Ben,
 
You're a smart cookie to have found the CANSLIM list so = soon....took me 4=20 years of CANSLIM to figure out it would have been a lot easier with some = support.
 
Welcome and glad to meet you,
 
Katherine
----- Original Message -----
From:=20 Ben=20 Chilcote
Sent: Thursday, January 24, = 2002 7:24=20 AM
Subject: [CANSLIM] Intro: Ben=20 Chilcote

Hello everyone,
 
My name is Ben and I live in rural = central=20 Pennsylvania about 30 miles west of State College, home of Penn=20 State.
I am an engineering specialist (CAD = operator)=20 working out of my home.  I have been investing online since = December of=20 1999.  I only became aware of IBD about 6 months ago and now am a = subscriber to the IBD newspaper.  I have read both of Bill = O'neil's books=20 and am still learning about CANSLIM investing. 
 
Looking forward to my time in the = CANSLIM=20 discussion group.
 
 
Ben
------=_NextPart_000_0112_01C1A4E8.8F4DE7E0-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] PSFT: More accounting shenanigans? Date: 24 Jan 2002 16:19:26 -0500 Hi Andreas, Your last sentence is, without question, the most important. But then, when I look at how my 401K did last year (where I can only use funds), and compare that to how I did on my own, both with my IRA and then also with 5 months with my VR Fund, I still feel sorry for someone who must invest that way. In six months, not one index has caught me, most are around 18% behind, and only the Russell 2000 even got close. I also feel sorry from the standpoint of those that owned funds with big holdings in Enron and KMart. Those fund managers should have known better, they are supposed to be professionals, yet they got caught holding large quantities of both stock and bonds. Looking at a story today on Enron, I saw some numbers on their tax payments. Four of the past five years, they paid no taxes at all, by using a tax dodge involving hundreds of offshore corps they set up in tax haven countries. This resulted in over $400 million in tax rebates. How could neither the auditors, nor all the analysts, see this money coming back in and not question why such a big company was paying no taxes? Even if it was completely legal, it was so complicated, and went on so long, that it is hard for me to understand why no one was questioning it. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message ----- Sent: Tuesday, January 22, 2002 12:08 PM > Know and use technical sell rules. > > KM fundamentally did not look that bad (at least the public did not think > about > bankrupt) until just before Christmas. > > But way before the technicall sell rules applied. > GAP Down on record Volume, leaving a trading range occoured on 8/24. > Well, then you should go out. > > But I know that the average Joe, who only has a 401k and invests only > for retirement without the knowlege and time we have cant make that call > and I feel really sorry for them. > > But then, do not play a game you do not know, go into index or mutal funds > ... > > > -----Ursprungliche Nachricht----- > > Von: Tom Worley [SMTP:stkguru@netside.net] > > Gesendet am: Tuesday, January 22, 2002 5:52 PM > > An: canslim@lists.xmission.com > > Betreff: Re: [CANSLIM] PSFT: More accounting shenanigans? > > > > so, how can small investors detect, much less avoid, these kinds of slick > tricks? > > > > Tom Worley > > stkguru@netside.net > > AIM: TexWorley > > ----- Original Message ----- > > From: Katherine Malm > > To: canslim@lists.xmission.com > > Sent: Tuesday, January 22, 2002 11:45 AM > > Subject: [CANSLIM] PSFT: More accounting shenanigans? > > > > > > Once more into the fire. Think this will become the "year of the > accounting case study." > > > > --Katherine > > > > This from Briefing.com > > > > Archives In Play? all dates > > Date (ET) Archive Article > > Jan 22 2002 > > 11:06 AM In Play PeopleSoft (PSFT) 33.45 -1.89 (-5.4%): -- Update > -- This is not the first time that concerns about accounting at the > Momentum unit have been brought to light. On Jan 2, Briefing.com reported a > Lehman defense of the stk following a 12/31 Bloomberg article indicating > that PSFT might repurchase its Momentum Business Applications unit to avoid > paying royalties. Lehman predicted that PSFT was likely to purchase > Momentum for about $90 mln within the next few qtrs. Firm did not think > there were accounting irregularities and viewed the issue as likely > overblown. > > Jan 22 2002 > > 10:53 AM In Play PeopleSoft (PSFT) 34.37 -0.97 (-2.7%): > --Update-- According to the San Jose Mercury article, PeopleSoft hired > that subsidiary, Momentum Business Applications, to write new software, and > Momentum, in turn, hired PeopleSoft programmers at a markup. The > arrangement transformed the high cost of creating new programs into a > source of revenue for PeopleSoft. > > Jan 22 2002 > > 10:49 AM In Play PeopleSoft (PSFT) 34.32 -1.02 (-2.9%): > Accounting concerns again putting pressure on PSFT shares. The San Jose > Mercury News reports that an accounting maneuver by former PSFT head > allowed company to avoid crushing development costs. Six months before > stepping aside, PSFT co-founder David A. Duffield transferred $250 million > to a newly created subsidiary with just one employee and an office down the > road from PeopleSoft headquarters. Peter Knutson, an associate professor > emeritus of accounting at the University of Pennsylvania's Wharton School, > believes the arrangement misled investors: 'It is within the boundaries of > generally accepted accounting principles, but it is really an intent to > deceive.' > > > > > > > > << Datei: ATT00007.htm >> << Datei: show_headline.gif >> > > - > -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. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] Intro: Ben Chilcote Date: 24 Jan 2002 16:32:50 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_0033_01C1A4F4.C3BEA030 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Welcome to the group, Ben. It's usually friendly, and not so quiet.=20 Questions are always welcomed, so are picks, especially when you want = some opinions or critiquing. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Ben Chilcote=20 To: canslim@lists.xmission.com=20 Sent: Thursday, January 24, 2002 8:24 AM Subject: [CANSLIM] Intro: Ben Chilcote Hello everyone, My name is Ben and I live in rural central Pennsylvania about 30 miles = west of State College, home of Penn State. I am an engineering specialist (CAD operator) working out of my home. = I have been investing online since December of 1999. I only became = aware of IBD about 6 months ago and now am a subscriber to the IBD = newspaper. I have read both of Bill O'neil's books and am still = learning about CANSLIM investing.=20 Looking forward to my time in the CANSLIM discussion group. Ben ------=_NextPart_000_0033_01C1A4F4.C3BEA030 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Welcome to the group, Ben. It's usually = friendly, and not=20 so quiet.
 
Questions are always welcomed, so are picks, = especially=20 when you want some opinions or critiquing.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Ben=20 Chilcote
Sent: Thursday, January 24, = 2002 8:24=20 AM
Subject: [CANSLIM] Intro: Ben=20 Chilcote

Hello everyone,
 
My name is Ben and I live in rural = central=20 Pennsylvania about 30 miles west of State College, home of Penn=20 State.
I am an engineering specialist (CAD = operator)=20 working out of my home.  I have been investing online since = December of=20 1999.  I only became aware of IBD about 6 months ago and now am a = subscriber to the IBD newspaper.  I have read both of Bill = O'neil's books=20 and am still learning about CANSLIM investing. 
 
Looking forward to my time in the = CANSLIM=20 discussion group.
 
 
Ben
------=_NextPart_000_0033_01C1A4F4.C3BEA030-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] PSFT: More accounting shenanigans? Date: 24 Jan 2002 16:39:36 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_003F_01C1A4F5.B58416C0 Content-Type: multipart/alternative; boundary="----=_NextPart_001_0040_01C1A4F5.B58416C0" ------=_NextPart_001_0040_01C1A4F5.B58416C0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable I agree, Katherine, and when I was an active broker, I always read the = 10Q and 10K reports, cover to cover (the management section was usually = the most helpful, tho). In my case, doing this on a part time basis, I rely on the data that DGO = gives me, and expect them to have read the reports. In my 401K, I expect = the fund managers, or someone on their staff, to have read those = reports. And when I see on DGO that they have earnings forecasts from = several analysts, I also expect those analysts to have read those = reports, plus done a lot of other work, before publishing those = forecasts. I realize that DGO relies on outside vendors for a lot of their data, = but then they have the right to expect those vendors to be doing the DD. And if the fund managers or analysts are not doing at least this much, = they should be fired. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, January 22, 2002 12:04 PM Subject: Re: [CANSLIM] PSFT: More accounting shenanigans? Hate to say it, but there's no substitution for a good read of the = 10Q's and 10K's in combination with a good review of past news stories. = Any yellow flags in the news stories should warrant a deeper dive into = the financials. Any "odd" comments or financial "oddities" in the = financial statements can be noted and investigated. (I always head = straight for the management discussion of results and the pending legal = actions sections. Then look for odd accounting footnotes in the = financials.) Can't catch them all, but without the due diligence, = there's *no* chance of catching them. If a stock has too many yellow = flags during DD, I just cross it off the list. There's plenty of fish in = the sea. Despite all that, technical action usually speaks for these = stocks long before the historical fundamentals "explain" the problems. = Investors who don't combine technical/fundamental work miss the clues. Katherine ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, January 22, 2002 10:52 AM Subject: Re: [CANSLIM] PSFT: More accounting shenanigans? so, how can small investors detect, much less avoid, these kinds of = slick tricks? Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, January 22, 2002 11:45 AM Subject: [CANSLIM] PSFT: More accounting shenanigans? Once more into the fire. Think this will become the "year of the = accounting case study." --Katherine This from Briefing.com Archives In Play=AE all dates =20 Date (ET) Archive Article=20 Jan 22 2002 11:06 AM In Play PeopleSoft (PSFT) 33.45 -1.89 (-5.4%): -- = Update -- This is not the first time that concerns about accounting at = the Momentum unit have been brought to light. On Jan 2, Briefing.com = reported a Lehman defense of the stk following a 12/31 Bloomberg article = indicating that PSFT might repurchase its Momentum Business Applications = unit to avoid paying royalties. Lehman predicted that PSFT was likely to = purchase Momentum for about $90 mln within the next few qtrs. Firm did = not think there were accounting irregularities and viewed the issue as = likely overblown.=20 Jan 22 2002 10:53 AM In Play PeopleSoft (PSFT) 34.37 -0.97 (-2.7%): = --Update-- According to the San Jose Mercury article, PeopleSoft hired = that subsidiary, Momentum Business Applications, to write new software, = and Momentum, in turn, hired PeopleSoft programmers at a markup. The = arrangement transformed the high cost of creating new programs into a = source of revenue for PeopleSoft.=20 Jan 22 2002 10:49 AM In Play PeopleSoft (PSFT) 34.32 -1.02 (-2.9%): = Accounting concerns again putting pressure on PSFT shares. The San Jose = Mercury News reports that an accounting maneuver by former PSFT head = allowed company to avoid crushing development costs. Six months before = stepping aside, PSFT co-founder David A. Duffield transferred $250 = million to a newly created subsidiary with just one employee and an = office down the road from PeopleSoft headquarters. Peter Knutson, an = associate professor emeritus of accounting at the University of = Pennsylvania's Wharton School, believes the arrangement misled = investors: 'It is within the boundaries of generally accepted accounting = principles, but it is really an intent to deceive.' =20 ------=_NextPart_001_0040_01C1A4F5.B58416C0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
I agree, Katherine, and when I was an active = broker, I=20 always read the 10Q and 10K reports, cover to cover (the management = section was=20 usually the most helpful, tho).
 
In my case, doing this on a part time basis, I = rely on the=20 data that DGO gives me, and expect them to have read the reports. In my = 401K, I=20 expect the fund managers, or someone on their staff, to have read those = reports.=20 And when I see on DGO that they have earnings forecasts from several = analysts, I=20 also expect those analysts to have read those reports, plus done a lot = of other=20 work, before publishing those forecasts.
 
I realize that DGO relies on outside vendors for = a lot of=20 their data, but then they have the right to expect those vendors to be = doing the=20 DD.
 
And if the fund managers or analysts are not = doing at=20 least this much, they should be fired.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Katherine=20 Malm
Sent: Tuesday, January 22, 2002 = 12:04=20 PM
Subject: Re: [CANSLIM] PSFT: = More=20 accounting shenanigans?

Hate to say it, but there's no substitution for a good read of = the 10Q's=20 and 10K's in combination with a good review of past news stories. Any = yellow=20 flags in the news stories should warrant a deeper dive into the = financials.=20 Any "odd" comments or financial "oddities" in the financial statements = can be=20 noted and investigated. (I always head straight for the management = discussion=20 of results and the pending legal actions sections. Then = look=20 for odd accounting footnotes in the financials.) Can't catch them = all,=20 but without the due diligence, there's *no* chance of catching them. = If a=20 stock has too many yellow flags during DD, I just cross it off the = list.=20 There's plenty of fish in the sea. Despite all that, technical action = usually=20 speaks for these stocks long before the historical fundamentals = "explain" the=20 problems. Investors who don't combine technical/fundamental work miss = the=20 clues.
 
Katherine
----- Original Message -----
From:=20 Tom=20 Worley
Sent: Tuesday, January 22, = 2002 10:52=20 AM
Subject: Re: [CANSLIM] PSFT: = More=20 accounting shenanigans?

so, how can small investors detect, much = less avoid,=20 these kinds of slick tricks?
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message ----- =
From:=20 Katherine=20 Malm
To: canslim@lists.xmission.com= =20
Sent: Tuesday, January 22, = 2002 11:45=20 AM
Subject: [CANSLIM] PSFT: = More=20 accounting shenanigans?

Once more into the fire. Think this will become = the "year of the=20 accounting case study."
 
--Katherine
 
 This from Briefing.com
 
Archives In=20 Play=AE all dates =
Date (ET) Archive Article
Jan 22 = 2002
11:06=20 AM		 In=20 Play PeopleSoft (PSFT) = 33.45 -1.89=20 (-5.4%): -- Update -- This is not the first time that = concerns about=20 accounting at the Momentum unit have been brought to light. = On Jan=20 2, Briefing.com reported a Lehman defense of the stk = following a=20 12/31 Bloomberg article indicating that PSFT might = repurchase its=20 Momentum Business Applications unit to avoid paying = royalties.=20 Lehman predicted that PSFT was likely to = purchase=20 Momentum for about $90 mln within the next few qtrs. Firm = did not=20 think there were accounting irregularities and = viewed the=20 issue as likely overblown.
Jan 22 = 2002
10:53=20 AM		 In Play PeopleSoft (PSFT) 34.37 -0.97 (-2.7%):=20  --Update-- According to the San Jose Mercury article,=20 PeopleSoft hired that subsidiary, Momentum Business = Applications, to=20 write new software, and Momentum, in turn, hired PeopleSoft=20 programmers at a markup. The arrangement transformed the = high cost=20 of creating new programs into a source of revenue for=20 PeopleSoft.
Jan 22 = 2002
10:49=20 AM		 In=20 Play
PeopleSoft (PSFT) 34.32 -1.02 (-2.9%): Accounting = concerns=20 again putting pressure on PSFT shares. The San Jose Mercury = News=20 reports that an accounting maneuver by former PSFT head = allowed=20 company to avoid crushing development costs. Six months = before=20 stepping aside, PSFT co-founder David A. Duffield = transferred $250=20 million to a newly created subsidiary with just one employee = and an=20 office down the road from PeopleSoft headquarters. Peter = Knutson, an=20 associate professor emeritus of accounting at the University = of=20 Pennsylvania's Wharton School, believes the arrangement = misled=20 investors: 'It is within the boundaries of generally = accepted=20 accounting principles, but it is really an intent to = deceive.'
 
=
 
------=_NextPart_001_0040_01C1A4F5.B58416C0-- ------=_NextPart_000_003F_01C1A4F5.B58416C0 Content-Type: image/gif; name="show_headline.gif" Content-Transfer-Encoding: base64 Content-Location: http://www.briefing.com/images/briefing/show_headline.gif R0lGODlhTgAXALMAAElrdVV7h6GhoTRLUwsPEBsmKiU0Od3d3VNTU9TU1Ly8vG5vbz5bZCs+RPz6 2oWFhSH5BAAAAAAALAAAAABOABcAAAT/kMhJq7046827/2BYBWRpnmiqrmyrSgXhznRtm0Sh33zv 6zufcMjSGQzEpJJ0bCBUjijJwaOWrC2qludENFLY7Q0bIK/EPMQAgQC43wAHPE53R+X1PN5ux0ff d3RygX1zcGxshn1+g3qCend/foB1jY2PeXNsCwsADJ6gn56Dnw4MpqOPqHGfpXF3p1Gnrqa1tIGi rQCcnAy+v7O+trOmwsbFxr/DwcO2zcHA0ZwPDwPWDNbWd9rcsQ7Z39/g2QPiUQPe2ufh5dzl4uTZ 1NTx9fb3+PcN+fz41AICGggcSLCgwYMIEypciBAgwCMQI0qcSLGixYsYLToUYACIx48gT0OKHEmy JEmAChSYXMmypUuPKVNaiJGDAs2aOHPipMmzQk+dP2EI3ZkyQQIRSJOGMMo0wYGmUKNKnUr1KdWq V5ke2Mq1q9evYMOKHUu2bAQAOw== ------=_NextPart_000_003F_01C1A4F5.B58416C0-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: [CANSLIM] Market --> How are your watchlists doing? Date: 22 Jan 2002 18:14:22 +0100 In order to check the breath of the market --> How are your watchlists doing? I only see green, despite the market going down. Leading stocks do behaive very well (as far what I can see ...) See you Andreas - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] Market --> How are your watchlists doing? Date: 24 Jan 2002 16:58:23 -0500 Mine is fine, some red, but up 1.97% for the day. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message ----- Sent: Tuesday, January 22, 2002 12:14 PM > In order to check the breath of the market --> > How are your watchlists doing? > > I only see green, despite the market going down. Leading stocks do > behaive very well (as far what I can see ...) > > See you > > Andreas > > > - > -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. ------------------------------------------------------------------------------- From: "Tim Fisher" Subject: Re: [CANSLIM] Intro: Ben Chilcote Date: 24 Jan 2002 13:00:11 -0800 Welcome aboard, where are you exactly, Phillipsburg? I used to fish near there all the time when I went to PSU. SNOIL OG! At 08:24 AM 1/24/2002 -0500, you wrote: >Hello everyone, > >My name is Ben and I live in rural central Pennsylvania about 30 miles >west of State College, home of Penn State. >I am an engineering specialist (CAD operator) working out of my home. I >have been investing online since December of 1999. I only became aware of >IBD about 6 months ago and now am a subscriber to the IBD newspaper. I >have read both of Bill O'neil's books and am still learning about CANSLIM >investing. > >Looking forward to my time in the CANSLIM discussion group. > > >Ben Tim Fisher Ore-ROCK-On Rockhounding Web Site Pacific Fishery Biologists Information mailto:tim@OreRockOn.com WWW http://OreRockOn.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. ------------------------------------------------------------------------------- From: "Tim Fisher" Subject: Re: [CANSLIM] My Market Guide CANSLIM screen Date: 24 Jan 2002 13:01:32 -0800 Less than 25M shares outstanding is almost microcap country. I use less than 50 million but have bot 100-550 million in a very good big-cap M. Also 5 yr growth can go as low as 18%. At 06:17 PM 1/21/2002 -0800, you wrote: >All, > >I've been playing around with Market Guide quite a bit the past few weeks. >I built a screen that I thought would yield a list of CANSLIM candidates >for further research. Here are my screening criteria and the number of >stocks left after each (Market Guide has 9385 companies in its database): > > Criteria Results > 1 {EPS%ChgPYQ}>=25 1103 > 2 {Sales%ChgPYQ}>=25 310 > 3 {EPS%ChgPYQ}>{EPS%ChgTTM}.AND.{EPS%ChgTTM}>0 > 103 > 4 {EPS5YCGr%}>=25 33 > 5 {EPS3YCGr%}>=25 16 > 6 {ShsOutMR}<=25 6 > 7 {Price}>=10 4 > >I was disappointed that my screen only left me with 4 stocks, one of which >is in deep doo-doo with the SEC (CHEZ). I think the shorthand should be >decipherable, but just in case it's not: > >EPS%ChgPYQ = Quarter over Quarter % Change in EPS >Sales%ChgPYQ = Quarter over Quarter % Change in Sales >EPS%ChgTTM = Trailing twelve months % Change in EPS from previous TTM >EPS5YCGr% = EPS 5-year growth rate (%) >EPS3YCGr% = EPS 3-year growth rate (%) >ShsOutMR = Shares outstanding (mill.) > >The 3rd criterion was my attempt to seek companies with recently >increasing earnings. > >I think these criteria are true to CANSLIM as taught by WON/IBD, no? In >fact, I think WON recommends a share price cut-off of 15 instead of the 10 >I'm using. If I relax all of the % Change criteria from 25 to 20, I get 5 >more companies. Assuming my criteria are truly CANSLIMish, I suppose it >means that CANSLIMmers should be on the sidelines at least until this >round of earnings reports comes in. > >btw, the other 3 stocks (besides CHEZ) that meet the 25% criteria are >ACRT, MGAM & TARO. The additional 5 that meet the 20% growth criteria are >DKWD, ICUI, MINI, PENN & SCOR. > >Please tell me if/where I'm missing the boat here. > >Thanks, >Mike Tim Fisher Ore-ROCK-On Rockhounding Web Site Pacific Fishery Biologists Information mailto:tim@OreRockOn.com WWW http://OreRockOn.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. ------------------------------------------------------------------------------- From: "walter nusbaum" Subject: Re: [CANSLIM] Panic attack ... Date: 24 Jan 2002 11:43:04 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_0016_01C1A4CC.48B3A160 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi Tom, Nice to hear from you. We do agree that housing is one of the bright = spots in the economy, but that was my point. Following previous = recessions that were almost always caused by high interest rates, there = will be no "pent up demand" to lead the economy out of this one. = Housing prices continue to rise and with refinancing, many people pulled = a ton of equity out of those new mortgages that included lower rates. I = don't know what they did with the money, but they didn't spend it for = Xmas. I'm not certain what the "housing cycle" is, but this one began = nineteen months ago. Good luck! Best wishes, Walt ] ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, January 23, 2002 12:37 PM Subject: Re: [CANSLIM] Panic attack ... Walter, I would have to disagree with part of your conclusion. While the = housing industry did not prevent the start of a recession, it is likely = that it significantly helped to make it a shallow recession, and will = help end it early. There still seems to be a lot of juice left in the = home builders group, and I was adding more to my three positions in my = fund today. Adding to Consumer Sentiment, in addition to lower mortgage = payments, is lower energy costs. That, plus the tax cuts that started = 1/1/02, means a little more money in everyone's paycheck or wallet. Tom Worley stkguru@netside.net AIM: TexWorley (SNIP) ------=_NextPart_000_0016_01C1A4CC.48B3A160 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Hi Tom,
Nice to hear from you. We do agree that housing is = one of the=20 bright spots in the economy, but that was my point. Following previous=20 recessions that were almost always caused by high interest rates, there = will be=20 no "pent up demand"  to lead the economy out of this one. Housing = prices=20 continue to rise and with refinancing, many people pulled a ton of = equity out of=20 those new mortgages that included lower rates. I don't know what they = did with=20 the money, but they didn't spend it for Xmas. I'm not certain what = the=20 "housing cycle" is, but this one began nineteen months ago. Good=20 luck!
Best wishes,
Walt
]
 
 
 
----- Original Message -----
From:=20 Tom = Worley=20
Sent: Wednesday, January 23, = 2002 12:37=20 PM
Subject: Re: [CANSLIM] Panic = attack=20 ...

Walter,
 
I would have to disagree with part of your = conclusion.=20 While the housing industry did not prevent the start of a recession, = it is=20 likely that it significantly helped to make it a shallow recession, = and will=20 help end it early. There still seems to be a lot of juice left in the = home=20 builders group, and I was adding more to my three positions in my fund = today.=20 Adding to Consumer Sentiment, in addition to lower mortgage payments, = is lower=20 energy costs. That, plus the tax cuts that started 1/1/02, means a = little more=20 money in everyone's paycheck or wallet.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
(SNIP)
 
------=_NextPart_000_0016_01C1A4CC.48B3A160-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Bill Triffet" Subject: Re: [CANSLIM] PSFT: More accounting shenanigans? Date: 22 Jan 2002 09:34:43 -0800 I can already see that WON's HTMMIS is going to need to be updated to include proper reading (and dissecting) of the 10Q's and 10K's. It used to be enough to look at earnings in the context it is presented and then look at the technicals. I used to base much of my info on IBD's ratings. I now see it can be very flawed if based on "questionable" accounting. Reading the average earning report now can be like reading the bottom paragraph of a car loan document. I hope something good comes out of this whole Enron disaster. -Bill ----- Original Message ----- Sent: Tuesday, January 22, 2002 9:04 AM Hate to say it, but there's no substitution for a good read of the 10Q's and 10K's in combination with a good review of past news stories. Any yellow flags in the news stories should warrant a deeper dive into the financials. Any "odd" comments or financial "oddities" in the financial statements can be noted and investigated. (I always head straight for the management discussion of results and the pending legal actions sections. Then look for odd accounting footnotes in the financials.) Can't catch them all, but without the due diligence, there's *no* chance of catching them. If a stock has too many yellow flags during DD, I just cross it off the list. There's plenty of fish in the sea. Despite all that, technical action usually speaks for these stocks long before the historical fundamentals "explain" the problems. Investors who don't combine technical/fundamental work miss the clues. Katherine ----- Original Message ----- From: Tom Worley To: canslim@lists.xmission.com Sent: Tuesday, January 22, 2002 10:52 AM Subject: Re: [CANSLIM] PSFT: More accounting shenanigans? so, how can small investors detect, much less avoid, these kinds of slick tricks? - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Vanchee1@aol.com Subject: Re: [CANSLIM] JJSF Date: 24 Jan 2002 09:12:59 EST --part1_165.7429a18.2981706b_boundary Content-Type: text/plain; charset="US-ASCII" Content-Transfer-Encoding: 7bit No, I did not Tom, but Its a very good question. Chris --part1_165.7429a18.2981706b_boundary Content-Type: text/html; charset="US-ASCII" Content-Transfer-Encoding: 7bit No, I did not Tom, but Its a very good question.

Chris --part1_165.7429a18.2981706b_boundary-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "walter nusbaum" Subject: Re: [CANSLIM] Panic attack ... Date: 24 Jan 2002 13:57:54 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_0046_01C1A4DF.1EA3D440 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Ian, You are absolutely correct. My bad. 1.5 is indicative of an upturn. = After a perfunctory reading of the section on TRIN, I failed to read the = instructions for the *construction* of the scale, which calls for an = inversion of the numbers. Hence the low numbers are on top and the high = on the bottom with the Overbought line on top and the Oversold line = underneath. I apologize for the error. Thanks for your correction. It would seem that you and Tom are about the only (outspoken) Bulls on = the board, and both in microcaps. Hmmm! Interestingly, "investor = sentiment" shows Bulls leading the Bears by a very wide margin(53%-24%). = Recently, Ford laid off 35,000 workers and closed a couple of plants; = Orlando's hotels are in serious trouble: then there's Enron and = Kmart(who's next and how many more?). On a personal note, I just = returned from my second trip to Vegas in four months and the gaming = business is struggling, while the nickel slots were doing a land office = business; the Imperial Palace on the strip was advertising $10/night = rooms for the locals, etc. Anyway, I'm sitting in all cash waiting for = that other shoe(I'm pretty certain that I heard the first). Thanks = again. Best wishes, Walt =20 =20 ----- Original Message -----=20 From: Ian=20 To: canslim@lists.xmission.com=20 Sent: Thursday, January 24, 2002 12:26 PM Subject: Re: [CANSLIM] Panic attack ... Walt: My only interest in TRIN readings is in when it reaches extreme = sustained historical highs - which I take to indicate exhaustion selling = - meaning it will be followed by a significant upturn. These readings = are very rare - so there is no way I would look to TRIN for short-term = wiggles. That being said, I am surprised that you think the extreme panic = recently indicated means that "it will probably be followed by a = downturn". Why would you think that? My take is that it signals that we = are running out of indiscriminate sellers. I believe that the recent strong volatility in both directions is = indicative of the beginnings of a new bull. IMHO, it is needed to = separate out the most tired of the last bulls winners - those are the = ones that drop in the selloffs, but dont rebound strongly in the surges. I find it interesting that most on this board are quite bearish, while = I find myself with the lowest cash position in well over a year, and a = growing supply of buyer-friendly microcaps. Cheers, Ian ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, January 23, 2002 10:37 AM Subject: Re: [CANSLIM] Panic attack ... Walter, I would have to disagree with part of your conclusion. While the = housing industry did not prevent the start of a recession, it is likely = that it significantly helped to make it a shallow recession, and will = help end it early. There still seems to be a lot of juice left in the = home builders group, and I was adding more to my three positions in my = fund today. Adding to Consumer Sentiment, in addition to lower mortgage = payments, is lower energy costs. That, plus the tax cuts that started = 1/1/02, means a little more money in everyone's paycheck or wallet. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: walter nusbaum=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, January 23, 2002 11:58 AM Subject: Re: [CANSLIM] Panic attack ... Ian, "Stock Market Cycles" was rated "F" in up markets and A+ in down = markets with an annualized gain of 4.6% since 5/31/90(sic), according to = Forbes(22 JAN 01); not exactly the kind of numbers that inspire = confidence. At any rate, there is nothing in the theory or construction = of TRIN that allows for speculation as to the degree of market change. = It is a great market reversal indicator and that's all. According to = Elder, the market can stay over bought/sold for some time and the time = to take action is immediately after TRIN makes a reversal off its = high/low reading and re-penetrates the overbought or oversold line.(The = Equis link says to buy/sell upon reaching the line, which is a specific = number. Elder's recommendation puts you in sync with the new trend. I = don't know what TRIN was doing during the debacle of 2000, but I = suspect(using the Equis standard) it gave buy signals loooong before = their time). The lines themselves should be revisited, and redrawn if = necessary, every three months based upon the interaction of TRIN and the = Index that is being used. The lines indicate areas of concern and = specific numbers above or below the lines have little meaning. TRIN can = not be used mechanically- the same readings mean different things under = different market conditions(Bull/Bear). TRIN gives its best buy/sell = signals when divergence from the Index being used is observed and when = used in combination with the New High-New Low Index.=20 Having said all that, 1.5 is a doozy of a number and will probably = be followed by a downturn. I know nothing, but have little confidence in = a return of the Bull for many moons. The automobile industry with its = attendant suppliers such as steel, glass, rubber, plastics, etc., has = been trashed; housing has typically propelled the new Bull, but housing = has already had its own run with little effect on the overall market. = Consumer Confidence would seem to be a bright spot, but it probably is = the result of lower mortgage payments due to massive refinancing and = bargains picked up by consumers at the expense of the producers, the = very folks that we look to for increased earnings. There's more, but = this grows lengthy so I'll shut up. Thanks for your note. Best wishes, Walt =20 ----- Original Message -----=20 From: Ian=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, January 22, 2002 12:32 PM Subject: [CANSLIM] Panic attack ... Here's a very interesting recent quote from Peter Eliades of = Stock Market Cycles: "At the end of todays trading, we noticed that the = lowest single day TRIN reading over the past 10 trading days was 1.143. = That seemed unusual to us, so we asked the computer to look back over = the past 61 years (since 1940) to find out how many other 10 day periods = had transpired without one single day reading below 1.14. We were = stunned at the answer! The answer is none." The 10 day ARMS index (TRIN) got up to 1.5 again last week. It = used to have huge historical significance in indicating that a major = bottom was to be put in within 20 trading days. It has now happened 4 = times in the past year alone. I don't pretend to know what it means, but there certainly has = been a considerable amount of panic over the last 2 weeks. Ian PS - Here is a quick overview of the ARMS index that someone = asked for: http://www.equis.com/free/taaz/armsindex.html ------=_NextPart_000_0046_01C1A4DF.1EA3D440 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Ian,
You are absolutely correct. My bad. 1.5 is = indicative of an=20 upturn. After a perfunctory reading of the section on TRIN, I failed=20 to read the instructions for the *construction* of = the=20 scale, which calls for an inversion of the numbers. Hence the low=20 numbers are on top and the high on the bottom with the Overbought = line on=20 top and the Oversold line underneath. I apologize for the error. Thanks=20 for your correction.
 
It would seem that you and Tom are about the only = (outspoken)=20 Bulls on the board, and both in microcaps. Hmmm! Interestingly, = "investor=20 sentiment" shows Bulls leading the Bears by a very wide margin(53%-24%). = Recently, Ford laid off 35,000 workers and closed a couple of plants; = Orlando's=20 hotels are in serious trouble: then there's Enron and Kmart(who's next = and how=20 many more?). On a personal note, I just returned from my second  = trip to=20 Vegas in four months and the gaming business is struggling, while the = nickel=20 slots were doing a land office business; the Imperial Palace on the = strip was=20 advertising $10/night rooms for the locals, etc. Anyway, I'm sitting in = all cash=20 waiting for that other shoe(I'm pretty certain that I heard the = first).=20 Thanks again.
Best wishes,
Walt
   
 
  
----- Original Message -----
From:=20 Ian =
Sent: Thursday, January 24, = 2002 12:26=20 PM
Subject: Re: [CANSLIM] Panic = attack=20 ...

Walt:
 
My only interest in TRIN readings is in = when it reaches=20 extreme sustained historical highs - which I take to indicate = exhaustion=20 selling - meaning it will be followed by a significant upturn. These = readings=20 are very rare - so there is no way I would look to TRIN for = short-term=20 wiggles.
 
That being said, I am surprised that you think the = extreme=20 panic recently indicated means that "it will probably be followed by a = downturn". Why would you think that? My take is that it signals that = we are=20 running out of indiscriminate sellers.
 
I believe that the recent strong volatility in = both=20 directions is indicative of the beginnings of a new bull. IMHO, it is = needed=20 to separate out the most tired of the last bulls winners - those are = the ones=20 that drop in the selloffs, but dont rebound strongly in the=20 surges.
 
I find it interesting that most on this board are = quite=20 bearish, while I find myself with the lowest cash position in well = over a=20 year, and a growing supply of buyer-friendly microcaps.
 
Cheers,
 
Ian
 
 
----- Original Message -----
From:=20 Tom=20 Worley
Sent: Wednesday, January 23, = 2002 10:37=20 AM
Subject: Re: [CANSLIM] Panic = attack=20 ...

Walter,
 
I would have to disagree with part of your = conclusion.=20 While the housing industry did not prevent the start of a recession, = it is=20 likely that it significantly helped to make it a shallow recession, = and will=20 help end it early. There still seems to be a lot of juice left in = the home=20 builders group, and I was adding more to my three positions in my = fund=20 today. Adding to Consumer Sentiment, in addition to lower mortgage = payments,=20 is lower energy costs. That, plus the tax cuts that started 1/1/02, = means a=20 little more money in everyone's paycheck or wallet.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message ----- =
From:=20 walter=20 nusbaum
To: canslim@lists.xmission.com= =20
Sent: Wednesday, January = 23, 2002=20 11:58 AM
Subject: Re: [CANSLIM] = Panic attack=20 ...

Ian,
"Stock Market Cycles" was rated "F" in up = markets and A+=20 in down markets with an annualized gain of 4.6% since=20 5/31/90(sic), according to Forbes(22 JAN 01); not = exactly the=20 kind of numbers that inspire confidence. At any rate, = there is=20 nothing in the theory or construction of TRIN that allows for = speculation=20 as to the degree of market change. It is a great market reversal=20 indicator and that's all. According to Elder, the market can = stay=20 over bought/sold for some time and the time to take action is = immediately=20 after TRIN makes a reversal off its high/low reading and = re-penetrates the=20 overbought or oversold line.(The Equis link says to buy/sell = upon=20 reaching the line, which is a specific number. Elder's = recommendation puts=20 you in sync with the new trend. I don't know what TRIN was doing = during=20 the debacle of 2000, but I suspect(using the Equis = standard) it gave=20 buy signals loooong before their time).
 
The lines themselves should be revisited, = and=20 redrawn if necessary, every three months based upon the = interaction of=20 TRIN and the Index that is being used. The lines indicate areas of = concern=20 and specific numbers above or below the lines have little=20 meaning. TRIN can not be used mechanically- the same readings = mean=20 different things under different market=20 conditions(Bull/Bear). TRIN gives its = best=20 buy/sell signals when divergence from the Index being used is = observed and=20 when used in combination with the New High-New Low = Index.=20
 
Having said all that, 1.5 is a doozy of a = number=20 and will probably be followed by a downturn. I know = nothing, but=20 have little confidence in a return of the Bull for many moons. The = automobile industry with its attendant suppliers such as steel, = glass,=20 rubber, plastics, etc., has been trashed; housing has typically = propelled=20 the new Bull, but housing has already had its own run with = little=20 effect on the overall market. Consumer Confidence would seem to be = a=20 bright spot, but it probably is the result of lower mortgage = payments due=20 to massive refinancing and bargains picked up by consumers at the = expense=20 of the producers, the very folks that we look to for increased = earnings.=20 There's more, but this grows lengthy so I'll shut up. Thanks = for your=20 note.
Best wishes,
Walt
    
----- Original Message ----- =
From:=20 Ian =
To: canslim@lists.xmission.com= =20
Sent: Tuesday, January = 22, 2002=20 12:32 PM
Subject: [CANSLIM] Panic = attack=20 ...

Here's a very interesting recent quote from = Peter=20 Eliades of Stock Market Cycles: "At the end of todays trading, = we=20 noticed that the lowest single day TRIN reading over the past 10 = trading=20 days was 1.143. That seemed unusual to us, so we asked the = computer to=20 look back over the past 61 years (since 1940) to find out how = many other=20 10 day periods had transpired without one single day reading = below 1.14.=20 We were stunned at the answer! The answer is none."
 
The 10 day ARMS index (TRIN) got up to 1.5 = again last=20 week. It used to have huge historical significance in indicating = that a=20 major bottom was to be put in within 20 trading days. It has now = happened 4 times in the past year alone.
 
I don't pretend to know what it means, but = there=20 certainly has been a considerable amount of panic over the last = 2=20 weeks.
 
Ian
 
 
PS - Here is a quick overview of the ARMS = index that=20 someone asked for: http://www.equis.c= om/free/taaz/armsindex.html
------=_NextPart_000_0046_01C1A4DF.1EA3D440-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: [CANSLIM] Fw: Mr. Greenspan's speech Date: 24 Jan 2002 18:46:56 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_00C4_01C1A507.7F2D3DB0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable I show I sent this, but never got it back even after five hours. Sorry = if it's a dup for some of you. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 Sent: Thursday, January 24, 2002 1:31 PM For those members trying to get some feel for "M" for the next year, I = suggest you read the entire speech. It is quite interesting, and can be = found at: http://www.federalreserve.gov/boarddocs/testimony/2002/20020124/default.h= tm For my part, I got the following notes: His 1/11/02 speech was unintentionally worded too pessimistically, he = intended it to explain that the economy had bottomed, and was showing = signs of recovery (in other words, forget about another rate cut) Because consumer spending remained unusually strong last year, he does = not expect sharp acceleration this year (in other words, Feds will be = slow to raise rates). Some other comments suggesting that he does not = see inflationary pressures at this time. New unemployment claims have peaked. Inventory reductions have been = good, and should soon result in increased industrial production, leading = to new hiring. Productivity growth has been good, and combined with sharp workforce = reductions, permitted most corporations to maintain financial health. Use of technology to improve productivity, and control any growth in = unit cost of production, has been only 50% implemented. And new = technology will further help in the future (he was very strong on = technology). Homebuilding, and sales of existing homes, and refinancing, continues to = look strong, and he expects this to continue. An economic stimulus now does not appear to be needed, even tho the Prez = and Congress wants to do something. The tax cut was needed and justified, and likely softened the impact of = the recession. He is not concerned over small budget deficits for the next several = years. He spent quite a bit of time discussing why past budget surpluses = were as large as they were, primary implication was from capital gains = taxes on investments, bonuses, stock option exercises, etc. In context, = sounds like he was saying that if we get this economy back on its feet = quickly, revenues to the govt will increase over plan from similar = taxes, and the deficit disappear. Tom Worley stkguru@netside.net AIM: TexWorley ------=_NextPart_000_00C4_01C1A507.7F2D3DB0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
I show I sent this, but never got it back even = after five=20 hours. Sorry if it's a dup for some of you.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----=20
From: Tom = Worley=20
Sent: Thursday, January 24, 2002 1:31 PM
Subject: Mr. Greenspan's speech

For those members trying to get some feel for = "M" for the=20 next year, I suggest you read the entire speech. It is quite = interesting, and=20 can be found at:
http://www.federalreserve.gov/boarddocs/testimony/2002/200201= 24/default.htm
 
For my part, I got the following = notes:
 
His 1/11/02 speech was unintentionally worded = too=20 pessimistically, he intended it to explain that the economy had = bottomed, and=20 was showing signs of recovery (in other words, forget about another rate = cut)
 
Because consumer spending remained unusually = strong last=20 year, he does not expect sharp acceleration this year (in other words, = Feds will=20 be slow to raise rates). Some other comments suggesting that he does not = see=20 inflationary pressures at this time.
 
New unemployment claims have peaked. Inventory = reductions=20 have been good, and should soon result in increased industrial = production,=20 leading to new hiring.
 
Productivity growth has been good, and combined = with sharp=20 workforce reductions, permitted most corporations to maintain financial=20 health.
 
Use of technology to improve productivity, and = control any=20 growth in unit cost of production, has been only 50% implemented. And = new=20 technology will further help in the future (he was very strong on=20 technology).
 
Homebuilding, and sales of existing homes, and=20 refinancing, continues to look strong, and he expects this to=20 continue.
 
An economic stimulus now does not appear to be = needed,=20 even tho the Prez and Congress wants to do something.
 
The tax cut was needed and justified, and likely = softened=20 the impact of the recession.
 
He is not concerned over small budget deficits = for the=20 next several years. He spent quite a bit of time discussing why past = budget=20 surpluses were as large as they were, primary implication was from = capital gains=20 taxes on investments, bonuses, stock option exercises, etc. In context, = sounds=20 like he was saying that if we get this economy back on its feet quickly, = revenues to the govt will increase over plan from similar taxes, and the = deficit=20 disappear.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
------=_NextPart_000_00C4_01C1A507.7F2D3DB0-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] Panic attack ... Date: 24 Jan 2002 18:53:01 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_00D2_01C1A508.58D15600 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi Walter, Some of that cash pulled out of home equity is undoubtedly part of the = $2.2 trillion sitting in money markets. Altho we saw 11 rate cuts, interest rates were not that high by many = historic standards. Nor, in my opinion, was the recession a result of = interest rates, at any level. Mr. G touched on some of this in his = speech today, and mentions how corporate capital spending, especially on = technology, got ahead of itself in 2000. Not too surprising, considering how long the economy was growing. Also = contributing was a slowdown, but not a stoppage, in consumer spending. = That is one of the reasons (no build up of "pent up demand") Mr. G = suggests we will not be seeing inflation later this year. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: walter nusbaum=20 To: canslim@lists.xmission.com=20 Sent: Thursday, January 24, 2002 12:43 PM Subject: Re: [CANSLIM] Panic attack ... Hi Tom, Nice to hear from you. We do agree that housing is one of the bright = spots in the economy, but that was my point. Following previous = recessions that were almost always caused by high interest rates, there = will be no "pent up demand" to lead the economy out of this one. = Housing prices continue to rise and with refinancing, many people pulled = a ton of equity out of those new mortgages that included lower rates. I = don't know what they did with the money, but they didn't spend it for = Xmas. I'm not certain what the "housing cycle" is, but this one began = nineteen months ago. Good luck! Best wishes, Walt ] ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, January 23, 2002 12:37 PM Subject: Re: [CANSLIM] Panic attack ... Walter, I would have to disagree with part of your conclusion. While the = housing industry did not prevent the start of a recession, it is likely = that it significantly helped to make it a shallow recession, and will = help end it early. There still seems to be a lot of juice left in the = home builders group, and I was adding more to my three positions in my = fund today. Adding to Consumer Sentiment, in addition to lower mortgage = payments, is lower energy costs. That, plus the tax cuts that started = 1/1/02, means a little more money in everyone's paycheck or wallet. Tom Worley stkguru@netside.net AIM: TexWorley (SNIP) ------=_NextPart_000_00D2_01C1A508.58D15600 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Hi Walter,
 
Some of that cash pulled out of home equity is = undoubtedly=20 part of the $2.2 trillion sitting in money markets.
 
Altho we saw 11 rate cuts, interest rates were = not that=20 high by many historic standards. Nor, in my opinion, was the recession a = result=20 of interest rates, at any level. Mr. G touched on some of this in his = speech=20 today, and mentions how corporate capital spending, especially on = technology,=20 got ahead of itself in 2000.
 
Not too surprising, considering how long the = economy was=20 growing. Also contributing was a slowdown, but not a stoppage, in = consumer=20 spending. That is one of the reasons (no build up of "pent up demand") = Mr. G=20 suggests we will not be seeing inflation later this year.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 walter=20 nusbaum
Sent: Thursday, January 24, = 2002 12:43=20 PM
Subject: Re: [CANSLIM] Panic = attack=20 ...

Hi Tom,
Nice to hear from you. We do agree that housing is = one of=20 the bright spots in the economy, but that was my point. Following = previous=20 recessions that were almost always caused by high interest rates, = there will=20 be no "pent up demand"  to lead the economy out of this one. = Housing=20 prices continue to rise and with refinancing, many people pulled a ton = of=20 equity out of those new mortgages that included lower rates. I don't = know what=20 they did with the money, but they didn't spend it for Xmas. I'm not=20 certain what the "housing cycle" is, but this one began nineteen = months=20 ago. Good luck!
Best wishes,
Walt
]
 
 
 
----- Original Message -----
From:=20 Tom=20 Worley
Sent: Wednesday, January 23, = 2002 12:37=20 PM
Subject: Re: [CANSLIM] Panic = attack=20 ...

Walter,
 
I would have to disagree with part of your = conclusion.=20 While the housing industry did not prevent the start of a recession, = it is=20 likely that it significantly helped to make it a shallow recession, = and will=20 help end it early. There still seems to be a lot of juice left in = the home=20 builders group, and I was adding more to my three positions in my = fund=20 today. Adding to Consumer Sentiment, in addition to lower mortgage = payments,=20 is lower energy costs. That, plus the tax cuts that started 1/1/02, = means a=20 little more money in everyone's paycheck or wallet.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
(SNIP)
 
------=_NextPart_000_00D2_01C1A508.58D15600-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: [CANSLIM] PSFT: Accounting Shenanigans Date: 24 Jan 2002 18:17:49 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_01FC_01C1A503.6DE9AC40 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Tom, I have accidentally deleted your last comment on this issue, so = this is a continuation of the discussion. After reading your comments about analysts doing what is expected of = them, trusting the DGO to use diligent researchers, etc, a few thoughts = came to mind. First regards earnings estimates. This is where the analysts are = supposed to do the leg work for us by pouring through the financials, = interviewing the company, etc etc. But this is only *one* piece of = information in the DGO charts and only *one* of many hurdles that a = stock candidate must pass to be considered a buyable candidate under = CANSLIM guidelines. I use the forward growth rate as the single most = important hurdle when considering a candidate. If it doesn't pass = minimum standards, I don't even look at the stock. So far, I've not met = many forecasters who *under* forecast anything, so meeting a minimum = hurdle doesn't lose any candidates. But what it *does* do is let = marginal companies with marginal businesses and high expectations by the = analyst community past the gate. This is the first reason that I think = due diligence is necessary. During this process, I am looking at the = business to see if the estimates pass the test of reasonableness. I = don't take anybody at their word when it comes to forecasting. I've = dealt with too many manufacturing businesses to know better. Second has to do with past fundamentals. When DGO reports, they use the = proforma numbers NOT the GAAP numbers. In other words, they delete all = the one time and extraordinary charges just like everybody else before = they report and calculate the resultant QoQ and YoY growth rates. Every = once in a while, they can't take the extraordinary items out per their = procedure, so they put a little mark next to the numbers to let you know = this. BUT, they don't adjust any of the growth rates as a result. So = here we already have a big discrepancy. I first became keenly aware of = this when I owned JDSU in '99-'00. I'm looking at the GAAP numbers and = seeing red, looking at the proforma numbers and seeing green. Not only = that, but the difference was *huge.* So, again, due diligence and = digging through the 10K's and 10Q's to sniff out the quality of earnings = and revenues is a must in my mind. Also, any shenanigans around balance = sheets would only show up in the ROE numbers reported in DGO and/or in = the cashflow vs. EPS comparisons. When these numbers don't jibe...I'm = off to the 10K's with red pen in hand. In all, this is the very reason = that I do not mine for candidates based on DGO data. I *especially* = don't trust the EPS rankings and I pretty much ignore the SMR in favor = of doing my own assessment of revenues, margins, earnings, ROE and = cashflow. It takes time, but I think in the end it's worth it. It = certainly doesn't mean I'm an expert at it, but at least I've put forth = the effort. In the end, I have only myself to blame and not some 27 year = old kid getting paid $1m/year to have lunch with CEO's. Speaking of which....here's the due diligence blunder of the year... = MCAF...will its lessons never end? After some follow-up discussions here on my MCAF selling blunder, I = wrote to MCAF's IR department asking them exactly how they generated = income from the "Windows XP tie-in" that was so heavily touted about the = time MCAF started its run. This I should have done *while* I was doing = my DD, not in post analysis. Here is the IR reply to my inquiry: My question: It was my understanding that MCAF was the security service of choice = under the Microsoft Windows XP OS, yet a friend of mine recently = purchased a Dell with XP and it came with Symantec's product installed. = How, specifically does the tie in work and how does it generate revenues = for MCAF? Dear Ms Malm: McAfee.com is a tab in the XP version of Windows Instant Messenger. = Windows Messenger has a large community of users and by putting our = services in front of so many users; it will translate to subscribers, = which will translate to revenue. Dell has chosen the Symantec product to bundle on its computers. Regards, Marisa Lewis, Investor Relations Manager Well...I'll mark this one for the "journal of duh", as one of my friends = likes to call it. --Katherine ------=_NextPart_000_01FC_01C1A503.6DE9AC40 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Tom, I have accidentally deleted your last comment on this issue, = so this=20 is a continuation of the discussion.
 
After reading your comments about analysts doing what is expected = of them,=20 trusting the DGO to use diligent researchers, etc, a few thoughts came = to=20 mind.
 
First regards earnings estimates. This is where the analysts are = supposed=20 to do the leg work for us by pouring through the financials, = interviewing the=20 company, etc etc. But this is only *one* piece of information in the DGO = charts=20 and only *one* of many hurdles that a stock candidate must pass to be = considered=20 a buyable candidate under CANSLIM guidelines. I use the forward growth = rate as=20 the single most important hurdle when considering a candidate. If it = doesn't=20 pass minimum standards, I don't even look at the stock. So far, I've not = met=20 many forecasters who *under* forecast anything, so meeting a minimum = hurdle=20 doesn't lose any candidates. But what it *does* do is let marginal = companies=20 with marginal businesses and high expectations by the analyst community = past the=20 gate. This is the first reason that I think due diligence is necessary. = During=20 this process, I am looking at the business to see if the estimates pass = the test=20 of reasonableness. I don't take anybody at their word when it comes to=20 forecasting. I've dealt with too many manufacturing businesses to know=20 better.
 
Second has to do with past fundamentals. When DGO reports, they use = the=20 proforma numbers NOT the GAAP numbers. In other words, they delete all = the one=20 time and extraordinary charges just like everybody else before they = report and=20 calculate the resultant QoQ and YoY growth rates. Every once in a while, = they=20 can't take the extraordinary items out per their procedure, so they put = a little=20 mark next to the numbers to let you know this. BUT, they don't adjust = any of the=20 growth rates as a result. So here we already have a big discrepancy. I = first=20 became keenly aware of this when I owned JDSU in '99-'00. I'm looking at = the=20 GAAP numbers and seeing red, looking at the proforma numbers and seeing = green.=20 Not only that, but the difference was *huge.* So, again, due diligence = and=20 digging through the 10K's and 10Q's to sniff out the quality of earnings = and=20 revenues is a must in my mind. Also, any shenanigans around balance = sheets would=20 only show up in the ROE numbers reported in DGO and/or in the cashflow = vs. EPS=20 comparisons. When these numbers don't jibe...I'm off to the 10K's with = red pen=20 in hand. In all, this is the very reason that I do not mine for = candidates based=20 on DGO data. I *especially* don't trust the EPS rankings and I pretty = much=20 ignore the SMR in favor of doing my own assessment of revenues, margins, = earnings, ROE and cashflow. It takes time, but I think in the end it's = worth it.=20 It certainly doesn't mean I'm an expert at it, but at least I've put = forth the=20 effort. In the end, I have only myself to blame and not some 27 year old = kid=20 getting paid $1m/year to have lunch with CEO's.
 
Speaking of which....here's the due diligence blunder of the = year...=20 MCAF...will its lessons never end?
 
After some follow-up discussions here on my MCAF selling blunder, I = wrote=20 to MCAF's IR department asking them exactly how they generated income = from the=20 "Windows XP tie-in" that was so heavily touted about the time MCAF = started its=20 run. This I should have done *while* I was doing my DD, not in post = analysis.=20 Here is the IR reply to my inquiry:
 
My question:

It was my understanding that = MCAF was the=20 security service of choice under the Microsoft Windows XP OS, yet a = friend of=20 mine recently purchased a Dell with XP and it came with Symantec's = product=20 installed. How, specifically does the tie in work and how does it = generate=20 revenues for MCAF?

 
Dear Ms=20 Malm:

McAfee.com is = a tab in=20 the XP version of Windows Instant Messenger. Windows Messenger has a = large=20 community of users and by putting our services in front of so many = users; it=20 will translate to subscribers, which will translate to=20 revenue.

 Dell has = chosen the=20 Symantec product to bundle on its = computers.

Regards,

Marisa=20 Lewis, Investor=20 Relations Manager

Well...I'll=20 mark this one for the "journal of duh", as one of my friends likes to = call=20 it.  = --Katherine

------=_NextPart_000_01FC_01C1A503.6DE9AC40-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] Accounting Shenanigans Date: 24 Jan 2002 19:41:02 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_00E8_01C1A50F.0DF643A0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Katherine, up to a point I agree with you. But I pay a respectable = amount of money for the services (and data) of DGO. If I find that data = is wrong, I complain. I am paying them this money to collect in one = place a lot of data, and I expect it to be correct. It would be different if I was using some free service on the net, then = it's worth just what I am paying, and my responsibility to check the = data. When I look at a DGO chart, and there is no earnings estimates given, I = understand it's going to be my job to do that. But when I see a forecast = there from one or more analysts, I also have the right, IMO, to presume = they (the analysts) did their job correctly, at least in terms of = reading factual material like 10Q/K reports, and news releases. Where I = accept their error is in trying to forecast the future. But the presence = of a forecast, even if it appears too high, should give me assurance I = don't have to go read a stack of historical reports unless I have = questions. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Thursday, January 24, 2002 7:17 PM Subject: [CANSLIM] PSFT: Accounting Shenanigans Tom, I have accidentally deleted your last comment on this issue, so = this is a continuation of the discussion. After reading your comments about analysts doing what is expected of = them, trusting the DGO to use diligent researchers, etc, a few thoughts = came to mind. First regards earnings estimates. This is where the analysts are = supposed to do the leg work for us by pouring through the financials, = interviewing the company, etc etc. But this is only *one* piece of = information in the DGO charts and only *one* of many hurdles that a = stock candidate must pass to be considered a buyable candidate under = CANSLIM guidelines. I use the forward growth rate as the single most = important hurdle when considering a candidate. If it doesn't pass = minimum standards, I don't even look at the stock. So far, I've not met = many forecasters who *under* forecast anything, so meeting a minimum = hurdle doesn't lose any candidates. But what it *does* do is let = marginal companies with marginal businesses and high expectations by the = analyst community past the gate. This is the first reason that I think = due diligence is necessary. During this process, I am looking at the = business to see if the estimates pass the test of reasonableness. I = don't take anybody at their word when it comes to forecasting. I've = dealt with too many manufacturing businesses to know better. Second has to do with past fundamentals. When DGO reports, they use = the proforma numbers NOT the GAAP numbers. In other words, they delete = all the one time and extraordinary charges just like everybody else = before they report and calculate the resultant QoQ and YoY growth rates. = Every once in a while, they can't take the extraordinary items out per = their procedure, so they put a little mark next to the numbers to let = you know this. BUT, they don't adjust any of the growth rates as a = result. So here we already have a big discrepancy. I first became keenly = aware of this when I owned JDSU in '99-'00. I'm looking at the GAAP = numbers and seeing red, looking at the proforma numbers and seeing = green. Not only that, but the difference was *huge.* So, again, due = diligence and digging through the 10K's and 10Q's to sniff out the = quality of earnings and revenues is a must in my mind. Also, any = shenanigans around balance sheets would only show up in the ROE numbers = reported in DGO and/or in the cashflow vs. EPS comparisons. When these = numbers don't jibe...I'm off to the 10K's with red pen in hand. In all, = this is the very reason that I do not mine for candidates based on DGO = data. I *especially* don't trust the EPS rankings and I pretty much = ignore the SMR in favor of doing my own assessment of revenues, margins, = earnings, ROE and cashflow. It takes time, but I think in the end it's = worth it. It certainly doesn't mean I'm an expert at it, but at least = I've put forth the effort. In the end, I have only myself to blame and = not some 27 year old kid getting paid $1m/year to have lunch with CEO's. Speaking of which....here's the due diligence blunder of the year... = MCAF...will its lessons never end? After some follow-up discussions here on my MCAF selling blunder, I = wrote to MCAF's IR department asking them exactly how they generated = income from the "Windows XP tie-in" that was so heavily touted about the = time MCAF started its run. This I should have done *while* I was doing = my DD, not in post analysis. Here is the IR reply to my inquiry: My question: It was my understanding that MCAF was the security service of choice = under the Microsoft Windows XP OS, yet a friend of mine recently = purchased a Dell with XP and it came with Symantec's product installed. = How, specifically does the tie in work and how does it generate revenues = for MCAF? Dear Ms Malm: McAfee.com is a tab in the XP version of Windows Instant Messenger. = Windows Messenger has a large community of users and by putting our = services in front of so many users; it will translate to subscribers, = which will translate to revenue. Dell has chosen the Symantec product to bundle on its computers. Regards, Marisa Lewis, Investor Relations Manager Well...I'll mark this one for the "journal of duh", as one of my = friends likes to call it. --Katherine ------=_NextPart_000_00E8_01C1A50F.0DF643A0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Katherine, up to a point I agree with you. But I = pay a=20 respectable amount of money for the services (and data) of DGO. If I = find that=20 data is wrong, I complain. I am paying them this money to collect in one = place a=20 lot of data, and I expect it to be correct.
 
It would be different if I was using some free = service on=20 the net, then it's worth just what I am paying, and my responsibility to = check=20 the data.
 
When I look at a DGO chart, and there is no = earnings=20 estimates given, I understand it's going to be my job to do that. But = when I see=20 a forecast there from one or more analysts, I also have the right, IMO, = to=20 presume they (the analysts) did their job correctly, at least in terms = of=20 reading factual material like 10Q/K reports, and news releases. Where I = accept=20 their error is in trying to forecast the future. But the presence of a = forecast,=20 even if it appears too high, should give me assurance I don't have to go = read a=20 stack of historical reports unless I have questions.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Katherine=20 Malm
Sent: Thursday, January 24, = 2002 7:17=20 PM
Subject: [CANSLIM] PSFT: = Accounting=20 Shenanigans

Tom, I have accidentally deleted your last comment on this issue, = so this=20 is a continuation of the discussion.
 
After reading your comments about analysts doing what is expected = of=20 them, trusting the DGO to use diligent researchers, etc, a few = thoughts came=20 to mind.
 
First regards earnings estimates. This is where the analysts are = supposed=20 to do the leg work for us by pouring through the financials, = interviewing the=20 company, etc etc. But this is only *one* piece of information in the = DGO=20 charts and only *one* of many hurdles that a stock candidate must pass = to be=20 considered a buyable candidate under CANSLIM guidelines. I use the = forward=20 growth rate as the single most important hurdle when considering a = candidate.=20 If it doesn't pass minimum standards, I don't even look at the stock. = So far,=20 I've not met many forecasters who *under* forecast anything, so = meeting a=20 minimum hurdle doesn't lose any candidates. But what it *does* do is = let=20 marginal companies with marginal businesses and high expectations by = the=20 analyst community past the gate. This is the first reason that I think = due=20 diligence is necessary. During this process, I am looking at the = business to=20 see if the estimates pass the test of reasonableness. I don't take = anybody at=20 their word when it comes to forecasting. I've dealt with too many=20 manufacturing businesses to know better.
 
Second has to do with past fundamentals. When DGO reports, they = use the=20 proforma numbers NOT the GAAP numbers. In other words, they delete all = the one=20 time and extraordinary charges just like everybody else before they = report and=20 calculate the resultant QoQ and YoY growth rates. Every once in a = while, they=20 can't take the extraordinary items out per their procedure, so they = put a=20 little mark next to the numbers to let you know this. BUT, they don't = adjust=20 any of the growth rates as a result. So here we already have a big=20 discrepancy. I first became keenly aware of this when I owned JDSU in = '99-'00.=20 I'm looking at the GAAP numbers and seeing red, looking at the = proforma=20 numbers and seeing green. Not only that, but the difference was = *huge.* So,=20 again, due diligence and digging through the 10K's and 10Q's to sniff = out the=20 quality of earnings and revenues is a must in my mind. Also, any = shenanigans=20 around balance sheets would only show up in the ROE numbers reported = in DGO=20 and/or in the cashflow vs. EPS comparisons. When these numbers don't=20 jibe...I'm off to the 10K's with red pen in hand. In all, this is the = very=20 reason that I do not mine for candidates based on DGO data. I = *especially*=20 don't trust the EPS rankings and I pretty much ignore the SMR in favor = of=20 doing my own assessment of revenues, margins, earnings, ROE and = cashflow. It=20 takes time, but I think in the end it's worth it. It certainly doesn't = mean=20 I'm an expert at it, but at least I've put forth the effort. In the = end, I=20 have only myself to blame and not some 27 year old kid getting paid = $1m/year=20 to have lunch with CEO's.
 
Speaking of which....here's the due diligence blunder of the = year...=20 MCAF...will its lessons never end?
 
After some follow-up discussions here on my MCAF selling blunder, = I wrote=20 to MCAF's IR department asking them exactly how they generated income = from the=20 "Windows XP tie-in" that was so heavily touted about the time MCAF = started its=20 run. This I should have done *while* I was doing my DD, not in post = analysis.=20 Here is the IR reply to my inquiry:
 
My question:

It was my understanding that = MCAF was the=20 security service of choice under the Microsoft Windows XP OS, yet a = friend of=20 mine recently purchased a Dell with XP and it came with Symantec's = product=20 installed. How, specifically does the tie in work and how does it = generate=20 revenues for MCAF?

 
Dear Ms=20 Malm:

McAfee.com = is a tab=20 in the XP version of Windows Instant Messenger. Windows Messenger has = a large=20 community of users and by putting our services in front of so many = users; it=20 will translate to subscribers, which will translate to=20 revenue.

 Dell has = chosen the=20 Symantec product to bundle on its = computers.

Regards,

Marisa=20 Lewis, Investor=20 Relations Manager

Well...I'll=20 mark this one for the "journal of duh", as one of my friends likes to = call=20 it. =20 --Katherine

------=_NextPart_000_00E8_01C1A50F.0DF643A0-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: [CANSLIM] Mr. Greenspan's speech Date: 24 Jan 2002 13:31:41 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_00A6_01C1A4DB.75543310 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable For those members trying to get some feel for "M" for the next year, I = suggest you read the entire speech. It is quite interesting, and can be = found at: http://www.federalreserve.gov/boarddocs/testimony/2002/20020124/default.h= tm For my part, I got the following notes: His 1/11/02 speech was unintentionally worded too pessimistically, he = intended it to explain that the economy had bottomed, and was showing = signs of recovery (in other words, forget about another rate cut) Because consumer spending remained unusually strong last year, he does = not expect sharp acceleration this year (in other words, Feds will be = slow to raise rates). Some other comments suggesting that he does not = see inflationary pressures at this time. New unemployment claims have peaked. Inventory reductions have been = good, and should soon result in increased industrial production, leading = to new hiring. Productivity growth has been good, and combined with sharp workforce = reductions, permitted most corporations to maintain financial health. Use of technology to improve productivity, and control any growth in = unit cost of production, has been only 50% implemented. And new = technology will further help in the future (he was very strong on = technology). Homebuilding, and sales of existing homes, and refinancing, continues to = look strong, and he expects this to continue. An economic stimulus now does not appear to be needed, even tho the Prez = and Congress wants to do something. The tax cut was needed and justified, and likely softened the impact of = the recession. He is not concerned over small budget deficits for the next several = years. He spent quite a bit of time discussing why past budget surpluses = were as large as they were, primary implication was from capital gains = taxes on investments, bonuses, stock option exercises, etc. In context, = sounds like he was saying that if we get this economy back on its feet = quickly, revenues to the govt will increase over plan from similar = taxes, and the deficit disappear. Tom Worley stkguru@netside.net AIM: TexWorley ------=_NextPart_000_00A6_01C1A4DB.75543310 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
For those members trying to get some feel for = "M" for the=20 next year, I suggest you read the entire speech. It is quite = interesting, and=20 can be found at:
http://www.federalreserve.gov/boarddocs/testimony/2002/200201= 24/default.htm
 
For my part, I got the following = notes:
 
His 1/11/02 speech was unintentionally worded = too=20 pessimistically, he intended it to explain that the economy had = bottomed, and=20 was showing signs of recovery (in other words, forget about another rate = cut)
 
Because consumer spending remained unusually = strong last=20 year, he does not expect sharp acceleration this year (in other words, = Feds will=20 be slow to raise rates). Some other comments suggesting that he does not = see=20 inflationary pressures at this time.
 
New unemployment claims have peaked. Inventory = reductions=20 have been good, and should soon result in increased industrial = production,=20 leading to new hiring.
 
Productivity growth has been good, and combined = with sharp=20 workforce reductions, permitted most corporations to maintain financial=20 health.
 
Use of technology to improve productivity, and = control any=20 growth in unit cost of production, has been only 50% implemented. And = new=20 technology will further help in the future (he was very strong on=20 technology).
 
Homebuilding, and sales of existing homes, and=20 refinancing, continues to look strong, and he expects this to=20 continue.
 
An economic stimulus now does not appear to be = needed,=20 even tho the Prez and Congress wants to do something.
 
The tax cut was needed and justified, and likely = softened=20 the impact of the recession.
 
He is not concerned over small budget deficits = for the=20 next several years. He spent quite a bit of time discussing why past = budget=20 surpluses were as large as they were, primary implication was from = capital gains=20 taxes on investments, bonuses, stock option exercises, etc. In context, = sounds=20 like he was saying that if we get this economy back on its feet quickly, = revenues to the govt will increase over plan from similar taxes, and the = deficit=20 disappear.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
------=_NextPart_000_00A6_01C1A4DB.75543310-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Dave Cameron Subject: Re: [CANSLIM] Mr. Greenspan Date: 24 Jan 2002 16:55:10 -0800 (PST) Greetings all, I have just recently checked out (from my local library) a book entitled Greenspan: The Man Behind Money (copyright in 2000). Author is Justin Martin. I'm finding it a fascinating read; and will purchase the book. It gives good insights into Alan Greenspan's life, background, beliefs, obfuscations, and helps to make sense of what he says. Some top economists who've worked with Greenspan are qouted. Martin Anderson and Murray Weidenbaum read and critiqued it. Former President Ford is quoted. etc. etc. A good example of a learning which can make one money is as follows: The "irrational exuberance" comments are talked about (a day in which I went to 100% cash and sacrificed several hundred dollars at the open - which bounced back the next day). Interestingly enough, the CANSLIM rules would have forced one to cash (as I was) if followed religiously on that day. I remember distinctly (that after I'd already sold), the evening of those comments, Tom Worley posted to the group that based on his extensive experience following Greenspan's comments, he recommended to hold fast to everyone. I'd not only sold, I'd posted that it would be a good day to cut your losses - and protect your gains. After this read, if I'd known then what I know now about Greenspan, I wouldn't have sold. Finally, as a postscript, I have more time for reading - less time for investing. My second child was born on Monday; my wife just got back from the hospital. I've been reading "Greenspan: The Man Behind Money" at 2 AM feedings... Maybe I understand it better that way. Dave --- Tom Worley wrote: > In case anyone missed it, Mr. G speaks to Congress today at 10 AM > on the US economy, and is expected to be upbeat, clarifying his > comments from his Jan 11 speech in San Francisco. > > Best indications I can see are that there will not be a further cut > in the Fed rate on 1/30/02. Hopefully today will clarify that, and > prepare the market for that. A bullish perspective on a recovering > economy is likely, IMO, to more than offset any disappointment at > not getting another 25 BP cut. > > Tom Worley > stkguru@netside.net > AIM: TexWorley > ===== Dave Cameron dfcameron@yahoo.com __________________________________________________ Do You Yahoo!? Great stuff seeking new owners in Yahoo! Auctions! http://auctions.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. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] Mr. Greenspan Date: 24 Jan 2002 18:59:12 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_0212_01C1A509.36659440 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Dave...Congratulations! and good reading...you'll have plenty of time = with all those middle of the night feedings.... Katherine ----- Original Message -----=20 From: Dave Cameron=20 To: canslim@lists.xmission.com=20 Sent: Thursday, January 24, 2002 6:55 PM Subject: Re: [CANSLIM] Mr. Greenspan Greetings all, I have just recently checked out (from my local library) a book entitled Greenspan: The Man Behind Money (copyright in 2000).=20 Author is Justin Martin. I'm finding it a fascinating read; and will purchase the book. It gives good insights into Alan Greenspan's life, background, beliefs, obfuscations, and helps to make sense of what he says. Some top economists who've worked with Greenspan are qouted. Martin Anderson and Murray Weidenbaum read and critiqued it. Former President Ford is quoted. etc. etc. A good example of a learning which can make one money is as follows:=20 The "irrational exuberance" comments are talked about (a day in which I went to 100% cash and sacrificed several hundred dollars at the open - which bounced back the next day). Interestingly enough, the CANSLIM rules would have forced one to cash (as I was) if followed religiously on that day. I remember distinctly (that after I'd already sold), the evening of those comments, Tom Worley posted to the group that based on his extensive experience following Greenspan's comments, he recommended to hold fast to everyone. I'd not only sold, I'd posted that it would be a good day to cut your losses - and protect your gains. After this read, if I'd known then what I know now about Greenspan, I wouldn't have sold. =20 Finally, as a postscript, I have more time for reading - less time for investing. My second child was born on Monday; my wife just got back from the hospital. I've been reading "Greenspan: The Man Behind Money" at 2 AM feedings... Maybe I understand it better that way. Dave =20 --- Tom Worley wrote: > In case anyone missed it, Mr. G speaks to Congress today at 10 AM > on the US economy, and is expected to be upbeat, clarifying his > comments from his Jan 11 speech in San Francisco. >=20 > Best indications I can see are that there will not be a further cut > in the Fed rate on 1/30/02. Hopefully today will clarify that, and > prepare the market for that. A bullish perspective on a recovering > economy is likely, IMO, to more than offset any disappointment at > not getting another 25 BP cut. >=20 > Tom Worley > stkguru@netside.net > AIM: TexWorley >=20 =3D=3D=3D=3D=3D Dave Cameron dfcameron@yahoo.com __________________________________________________ Do You Yahoo!? Great stuff seeking new owners in Yahoo! Auctions!=20 http://auctions.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. ------=_NextPart_000_0212_01C1A509.36659440 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Dave...Congratulations! and good reading...you'll have plenty of = time with=20 all those middle of the night feedings....
 
Katherine
----- Original Message -----
From:=20 Dave=20 Cameron
Sent: Thursday, January 24, = 2002 6:55=20 PM
Subject: Re: [CANSLIM] Mr.=20 Greenspan

Greetings all,

I have just recently checked out = (from my=20 local library) a book
entitled Greenspan: The Man Behind Money = (copyright=20 in 2000).
Author is Justin Martin.

I'm finding it a = fascinating=20 read; and will purchase the book.   It
gives good = insights into=20 Alan Greenspan's life, background, beliefs,
obfuscations, and helps = to make=20 sense of what he says.

Some top economists who've worked with = Greenspan=20 are qouted.   Martin
Anderson and Murray Weidenbaum read = and=20 critiqued it.   Former
President Ford is = quoted.   etc.=20 etc.

A good example of a learning which can make one money is = as=20 follows:
 The "irrational exuberance" comments are talked = about (a=20 day in
which I went to 100% cash and sacrificed several hundred = dollars=20 at
the open - which bounced back the next day).   = Interestingly=20 enough,
the CANSLIM rules would have forced one to cash (as I was)=20 if
followed religiously on that day.   I remember = distinctly=20 (that after
I'd already sold), the evening of those comments, Tom = Worley=20 posted
to the group that based on his extensive experience=20 following
Greenspan's comments, he recommended to hold fast to=20 everyone.   I'd
not only sold, I'd posted that it would = be a good=20 day to cut your
losses - and protect your gains.   After = this=20 read, if I'd known then
what I know now about Greenspan, I wouldn't = have=20 sold. 

Finally, as a postscript, I have more time for = reading -=20 less time
for investing.   My second child was born on = Monday; my=20 wife just got
back from the hospital.   I've been reading = "Greenspan: The Man
Behind Money" at 2 AM feedings...   = Maybe I=20 understand it better that
way.

Dave
 
--- Tom = Worley=20 <stkguru@netside.net> = wrote:
> In case anyone missed it, Mr. G speaks to Congress = today at 10=20 AM
> on the US economy, and is expected to be upbeat, clarifying = his
> comments from his Jan 11 speech in San Francisco.
> =
>=20 Best indications I can see are that there will not be a further = cut
> in=20 the Fed rate on 1/30/02. Hopefully today will clarify that, = and
>=20 prepare the market for that. A bullish perspective on a = recovering
>=20 economy is likely, IMO, to more than offset any disappointment = at
> not=20 getting another 25 BP cut.
>
> Tom Worley
> stkguru@netside.net
> = AIM:=20 TexWorley
>


=3D=3D=3D=3D=3D
Dave Cameron
dfcameron@yahoo.com

______= ____________________________________________
Do=20 You Yahoo!?
Great stuff seeking new owners in Yahoo! Auctions! =
http://auctions.yahoo.com

-=
-To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your email.
------=_NextPart_000_0212_01C1A509.36659440-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "John Adair" Subject: RE: [CANSLIM] Mr. Greenspan Date: 24 Jan 2002 19:30:18 -0600 It would be more productive over a lifetime to sing a lullaby to your child at 2 A. M. Perhaps find another time to think about Greenspan. -----Original Message----- [mailto:owner-canslim@lists.xmission.com]On Behalf Of Dave Cameron Sent: Thursday, January 24, 2002 6:55 PM Greetings all, I have just recently checked out (from my local library) a book entitled Greenspan: The Man Behind Money (copyright in 2000). Author is Justin Martin. I'm finding it a fascinating read; and will purchase the book. It gives good insights into Alan Greenspan's life, background, beliefs, obfuscations, and helps to make sense of what he says. Some top economists who've worked with Greenspan are qouted. Martin Anderson and Murray Weidenbaum read and critiqued it. Former President Ford is quoted. etc. etc. A good example of a learning which can make one money is as follows: The "irrational exuberance" comments are talked about (a day in which I went to 100% cash and sacrificed several hundred dollars at the open - which bounced back the next day). Interestingly enough, the CANSLIM rules would have forced one to cash (as I was) if followed religiously on that day. I remember distinctly (that after I'd already sold), the evening of those comments, Tom Worley posted to the group that based on his extensive experience following Greenspan's comments, he recommended to hold fast to everyone. I'd not only sold, I'd posted that it would be a good day to cut your losses - and protect your gains. After this read, if I'd known then what I know now about Greenspan, I wouldn't have sold. Finally, as a postscript, I have more time for reading - less time for investing. My second child was born on Monday; my wife just got back from the hospital. I've been reading "Greenspan: The Man Behind Money" at 2 AM feedings... Maybe I understand it better that way. Dave --- Tom Worley wrote: > In case anyone missed it, Mr. G speaks to Congress today at 10 AM > on the US economy, and is expected to be upbeat, clarifying his > comments from his Jan 11 speech in San Francisco. > > Best indications I can see are that there will not be a further cut > in the Fed rate on 1/30/02. Hopefully today will clarify that, and > prepare the market for that. A bullish perspective on a recovering > economy is likely, IMO, to more than offset any disappointment at > not getting another 25 BP cut. > > Tom Worley > stkguru@netside.net > AIM: TexWorley > ===== Dave Cameron dfcameron@yahoo.com __________________________________________________ Do You Yahoo!? Great stuff seeking new owners in Yahoo! Auctions! http://auctions.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. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] Accounting Shenanigans Date: 24 Jan 2002 19:31:40 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_0229_01C1A50D.BF327F00 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Tom, I don't think we're really all that far apart here. I don't mean to = imply that I'm doing enough financial homework in the 10K's and 10Q's to = build an EPS estimate from the ground up. I can think of at least 100 = other things I'd rather do in my spare time. So far, I haven't talked = anyone into doing this *for* me for free, either! What I am doing when I = take a peek at the SEC filings is a "test of reasonableness." What are = the past trends in EPS/Rev? How do they recognize income? What do they = have in the works that would blow holes in the estimates? Is there = anything like financial litigation pending that could adversely impact = the estimates? Is management forthright about what is working and not = working right now or are they unreasonably rosy in their assessment? (I = really hate that) Do they have significant reserves or receivables that = seem out of line? etc. These are quick peeks and I devote limited time = unless there's something that jumps off the page and hollers "pay = attention"! All in all, even if this quick review lasted 4 minutes, I'd = say it's worth it. That said, stocks have to pass a lot of hurdles for = me to get this far, so the number of stocks requiring financial review = are actually quite small. I'd say I do five for every one I end up = buying. Katherine ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Thursday, January 24, 2002 6:41 PM Subject: Re: [CANSLIM] Accounting Shenanigans Katherine, up to a point I agree with you. But I pay a respectable = amount of money for the services (and data) of DGO. If I find that data = is wrong, I complain. I am paying them this money to collect in one = place a lot of data, and I expect it to be correct. It would be different if I was using some free service on the net, = then it's worth just what I am paying, and my responsibility to check = the data. When I look at a DGO chart, and there is no earnings estimates given, = I understand it's going to be my job to do that. But when I see a = forecast there from one or more analysts, I also have the right, IMO, to = presume they (the analysts) did their job correctly, at least in terms = of reading factual material like 10Q/K reports, and news releases. Where = I accept their error is in trying to forecast the future. But the = presence of a forecast, even if it appears too high, should give me = assurance I don't have to go read a stack of historical reports unless I = have questions. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Thursday, January 24, 2002 7:17 PM Subject: [CANSLIM] PSFT: Accounting Shenanigans Tom, I have accidentally deleted your last comment on this issue, so = this is a continuation of the discussion. After reading your comments about analysts doing what is expected of = them, trusting the DGO to use diligent researchers, etc, a few thoughts = came to mind. First regards earnings estimates. This is where the analysts are = supposed to do the leg work for us by pouring through the financials, = interviewing the company, etc etc. But this is only *one* piece of = information in the DGO charts and only *one* of many hurdles that a = stock candidate must pass to be considered a buyable candidate under = CANSLIM guidelines. I use the forward growth rate as the single most = important hurdle when considering a candidate. If it doesn't pass = minimum standards, I don't even look at the stock. So far, I've not met = many forecasters who *under* forecast anything, so meeting a minimum = hurdle doesn't lose any candidates. But what it *does* do is let = marginal companies with marginal businesses and high expectations by the = analyst community past the gate. This is the first reason that I think = due diligence is necessary. During this process, I am looking at the = business to see if the estimates pass the test of reasonableness. I = don't take anybody at their word when it comes to forecasting. I've = dealt with too many manufacturing businesses to know better. Second has to do with past fundamentals. When DGO reports, they use = the proforma numbers NOT the GAAP numbers. In other words, they delete = all the one time and extraordinary charges just like everybody else = before they report and calculate the resultant QoQ and YoY growth rates. = Every once in a while, they can't take the extraordinary items out per = their procedure, so they put a little mark next to the numbers to let = you know this. BUT, they don't adjust any of the growth rates as a = result. So here we already have a big discrepancy. I first became keenly = aware of this when I owned JDSU in '99-'00. I'm looking at the GAAP = numbers and seeing red, looking at the proforma numbers and seeing = green. Not only that, but the difference was *huge.* So, again, due = diligence and digging through the 10K's and 10Q's to sniff out the = quality of earnings and revenues is a must in my mind. Also, any = shenanigans around balance sheets would only show up in the ROE numbers = reported in DGO and/or in the cashflow vs. EPS comparisons. When these = numbers don't jibe...I'm off to the 10K's with red pen in hand. In all, = this is the very reason that I do not mine for candidates based on DGO = data. I *especially* don't trust the EPS rankings and I pretty much = ignore the SMR in favor of doing my own assessment of revenues, margins, = earnings, ROE and cashflow. It takes time, but I think in the end it's = worth it. It certainly doesn't mean I'm an expert at it, but at least = I've put forth the effort. In the end, I have only myself to blame and = not some 27 year old kid getting paid $1m/year to have lunch with CEO's. Speaking of which....here's the due diligence blunder of the year... = MCAF...will its lessons never end? After some follow-up discussions here on my MCAF selling blunder, I = wrote to MCAF's IR department asking them exactly how they generated = income from the "Windows XP tie-in" that was so heavily touted about the = time MCAF started its run. This I should have done *while* I was doing = my DD, not in post analysis. Here is the IR reply to my inquiry: My question: It was my understanding that MCAF was the security service of choice = under the Microsoft Windows XP OS, yet a friend of mine recently = purchased a Dell with XP and it came with Symantec's product installed. = How, specifically does the tie in work and how does it generate revenues = for MCAF? Dear Ms Malm: McAfee.com is a tab in the XP version of Windows Instant Messenger. = Windows Messenger has a large community of users and by putting our = services in front of so many users; it will translate to subscribers, = which will translate to revenue. Dell has chosen the Symantec product to bundle on its computers. Regards, Marisa Lewis, Investor Relations Manager Well...I'll mark this one for the "journal of duh", as one of my = friends likes to call it. --Katherine ------=_NextPart_000_0229_01C1A50D.BF327F00 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Tom,
 
I don't think we're really all that far apart here. I don't mean to = imply=20 that I'm doing enough financial homework in the 10K's and 10Q's to build = an EPS=20 estimate from the ground up. I can think of at least 100 other = things I'd=20 rather do in my spare time. So far, I haven't talked anyone into doing = this=20 *for* me for free, either! What I am doing when I take a peek at the SEC = filings=20 is a "test of reasonableness." What are the past trends in EPS/Rev? How = do they=20 recognize income? What do they have in the works that would blow holes = in the=20 estimates? Is there anything like financial litigation pending that = could=20 adversely impact the estimates? Is management forthright about what is = working=20 and not working right now or are they unreasonably rosy in their = assessment? (I=20 really hate that) Do they have significant reserves or receivables that = seem out=20 of line? etc. These are quick peeks and I devote limited time unless = there's=20 something that jumps off the page and hollers "pay attention"! All in = all, even=20 if this quick review lasted 4 minutes, I'd say it's worth it. That said, = stocks=20 have to pass a lot of hurdles for me to get this far, so the number of = stocks=20 requiring financial review are actually quite small. I'd say I = do five for=20 every one I end up buying.
 
Katherine
----- Original Message -----
From:=20 Tom = Worley=20
Sent: Thursday, January 24, = 2002 6:41=20 PM
Subject: Re: [CANSLIM] = Accounting=20 Shenanigans

Katherine, up to a point I agree with you. But = I pay a=20 respectable amount of money for the services (and data) of DGO. If I = find that=20 data is wrong, I complain. I am paying them this money to collect in = one place=20 a lot of data, and I expect it to be correct.
 
It would be different if I was using some free = service=20 on the net, then it's worth just what I am paying, and my = responsibility to=20 check the data.
 
When I look at a DGO chart, and there is no = earnings=20 estimates given, I understand it's going to be my job to do that. But = when I=20 see a forecast there from one or more analysts, I also have the right, = IMO, to=20 presume they (the analysts) did their job correctly, at least in terms = of=20 reading factual material like 10Q/K reports, and news releases. Where = I accept=20 their error is in trying to forecast the future. But the presence of a = forecast, even if it appears too high, should give me assurance I = don't have=20 to go read a stack of historical reports unless I have = questions.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Katherine=20 Malm
Sent: Thursday, January 24, = 2002 7:17=20 PM
Subject: [CANSLIM] PSFT: = Accounting=20 Shenanigans

Tom, I have accidentally deleted your last comment on this = issue, so=20 this is a continuation of the discussion.
 
After reading your comments about analysts doing what is = expected of=20 them, trusting the DGO to use diligent researchers, etc, a few = thoughts came=20 to mind.
 
First regards earnings estimates. This is where the analysts = are=20 supposed to do the leg work for us by pouring through the = financials,=20 interviewing the company, etc etc. But this is only *one* piece of=20 information in the DGO charts and only *one* of many hurdles that a = stock=20 candidate must pass to be considered a buyable candidate under = CANSLIM=20 guidelines. I use the forward growth rate as the single most = important=20 hurdle when considering a candidate. If it doesn't pass minimum = standards, I=20 don't even look at the stock. So far, I've not met many forecasters = who=20 *under* forecast anything, so meeting a minimum hurdle doesn't lose = any=20 candidates. But what it *does* do is let marginal companies with = marginal=20 businesses and high expectations by the analyst community past the = gate.=20 This is the first reason that I think due diligence is necessary. = During=20 this process, I am looking at the business to see if the estimates = pass the=20 test of reasonableness. I don't take anybody at their word when it = comes to=20 forecasting. I've dealt with too many manufacturing businesses to = know=20 better.
 
Second has to do with past fundamentals. When DGO reports, they = use the=20 proforma numbers NOT the GAAP numbers. In other words, they delete = all the=20 one time and extraordinary charges just like everybody else before = they=20 report and calculate the resultant QoQ and YoY growth rates. Every = once in a=20 while, they can't take the extraordinary items out per their = procedure, so=20 they put a little mark next to the numbers to let you know this. = BUT, they=20 don't adjust any of the growth rates as a result. So here we already = have a=20 big discrepancy. I first became keenly aware of this when I owned = JDSU in=20 '99-'00. I'm looking at the GAAP numbers and seeing red, looking at = the=20 proforma numbers and seeing green. Not only that, but the difference = was=20 *huge.* So, again, due diligence and digging through the 10K's and = 10Q's to=20 sniff out the quality of earnings and revenues is a must in my mind. = Also,=20 any shenanigans around balance sheets would only show up in the ROE = numbers=20 reported in DGO and/or in the cashflow vs. EPS comparisons. When = these=20 numbers don't jibe...I'm off to the 10K's with red pen in hand. In = all, this=20 is the very reason that I do not mine for candidates based on DGO = data. I=20 *especially* don't trust the EPS rankings and I pretty much ignore = the SMR=20 in favor of doing my own assessment of revenues, margins, earnings, = ROE and=20 cashflow. It takes time, but I think in the end it's worth it. It = certainly=20 doesn't mean I'm an expert at it, but at least I've put forth the = effort. In=20 the end, I have only myself to blame and not some 27 year old kid = getting=20 paid $1m/year to have lunch with CEO's.
 
Speaking of which....here's the due diligence blunder of the = year...=20 MCAF...will its lessons never end?
 
After some follow-up discussions here on my MCAF selling = blunder, I=20 wrote to MCAF's IR department asking them exactly how they generated = income=20 from the "Windows XP tie-in" that was so heavily touted about the = time MCAF=20 started its run. This I should have done *while* I was doing my DD, = not in=20 post analysis. Here is the IR reply to my inquiry:
 
My question:

It was my understanding = that MCAF was=20 the security service of choice under the Microsoft Windows XP OS, = yet a=20 friend of mine recently purchased a Dell with XP and it came with = Symantec's=20 product installed. How, specifically does the tie in work and how = does it=20 generate revenues for MCAF?

 
Dear Ms=20 Malm:

McAfee.com is a tab=20 in the XP version of Windows Instant Messenger. Windows Messenger = has a=20 large community of users and by putting our services in front of so = many=20 users; it will translate to subscribers, which will translate to=20 revenue.

 Dell has = chosen the=20 Symantec product to bundle on its = computers.

Regards,

Marisa=20 Lewis, Investor=20 Relations Manager

Well...I'll=20 mark this one for the "journal of duh", as one of my friends likes = to call=20 it. =20 --Katherine

------=_NextPart_000_0229_01C1A50D.BF327F00-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Spencer48@aol.com Subject: Re: [CANSLIM] Accounting Shenanigans Date: 24 Jan 2002 21:49:26 EST Tom or Katherine: I understand-as you state-that "pro forma" numbers do not include one time charges. But do they include one time transactions that generate income? For example, DGO uses pro forma numbers in identifying the earnings of each company whose stock DGO displays. So, then, if the company (for instance, an Internet Company) sold extra land (for example) at a loss, this would not be included in earnings, as I understand the term"pro forma"-as used in accounting . But how about if it sold the land at a gain? Would it be included in the earnings reported as pro forma earnings, even though the gain was not associated with its business, and it was a one time gain? jans In a message dated 1/24/2002 7:43:13 PM Eastern Standard Time, stkguru@netside.net writes: << When DGO reports, they use the proforma numbers NOT the GAAP numbers. In other words, they delete all the one time and extraordinary charges just like everybody else... >> - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] Accounting Shenanigans Date: 24 Jan 2002 20:54:56 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_026F_01C1A519.60E57360 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi jans, Here's the answer to your question straight from DGO customer support: "When stocks have non-recurring gains/losses, our research departments normalize earnings by excluding these items." I've saved this one in my investing folder for quite some time, so glad = it came in handy! In all, whether it's a revenue or expense, if it is an = extraordinary or one time event, it gets excluded from the pro-forma = calculations. Katherine ----- Original Message -----=20 From: Spencer48@aol.com=20 To: canslim@lists.xmission.com=20 Sent: Thursday, January 24, 2002 8:49 PM Subject: Re: [CANSLIM] Accounting Shenanigans Tom or Katherine: I understand-as you state-that "pro forma" numbers do not include = one=20 time charges. But do they include one time transactions that generate = income? =20 For example, DGO uses pro forma numbers in identifying the = earnings of=20 each company whose stock DGO displays. So, then, if the company (for=20 instance, an Internet Company) sold extra land (for example) at a = loss, this=20 would not be included in earnings, as I understand the term"pro = forma"-as=20 used in accounting . But how about if it sold the land at a gain? = Would it=20 be included in the earnings reported as pro forma earnings, even = though the=20 gain was not associated with its business, and it was a one time gain? jans In a message dated 1/24/2002 7:43:13 PM Eastern Standard Time,=20 stkguru@netside.net writes: << When DGO reports, they use the proforma numbers NOT the GAAP = numbers. In=20 other words, they delete all the one time and extraordinary charges = just like=20 everybody else... >> - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------=_NextPart_000_026F_01C1A519.60E57360 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Hi jans,
 
Here's the answer to your question straight from DGO customer=20 support:
 
"When stocks have non-recurring gains/losses, our research=20 departments
normalize earnings by excluding these items."
I've saved this one in my investing folder for quite some time, so = glad it=20 came in handy! In all, whether it's a revenue or expense, if it is an=20 extraordinary or one time event, it gets excluded from the pro-forma=20 calculations.
 
Katherine
----- Original Message -----
From:=20 Spencer48@aol.com
Sent: Thursday, January 24, = 2002 8:49=20 PM
Subject: Re: [CANSLIM] = Accounting=20 Shenanigans

Tom or Katherine:

     I=20 understand-as you state-that "pro forma" numbers do not include one =
time=20 charges.  But do they include one time transactions that generate =
income? 

     For example, DGO = uses pro=20 forma numbers in identifying the earnings of
each company whose = stock DGO=20 displays.  So, then, if the company (for
instance, an = Internet=20 Company) sold extra land (for example) at a loss, this
would not = be=20 included in earnings, as I understand the term"pro forma"-as
used = in=20 accounting .  But how about if it sold the land at a gain?  = Would it=20
be included in the earnings reported as pro forma earnings, even = though=20 the
gain was not associated with its business, and it was a one = time=20 gain?

jans


In a message dated 1/24/2002 7:43:13 PM = Eastern=20 Standard Time,
stkguru@netside.net=20 writes:

<<  When DGO reports, they use the proforma = numbers=20 NOT the GAAP numbers. In
other words, they delete all the one time = and=20 extraordinary charges just like
everybody else... =20 >>

-
-To subscribe/unsubscribe, email "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your email.
------=_NextPart_000_026F_01C1A519.60E57360-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] Mr. Greenspan Date: 25 Jan 2002 01:57:22 -0500 Dave, sounds like a book I need to read. As I know you realize, I have long advocated some understanding of the "big picture" when assessing "M". IMO, that includes things like economics and how certain reports can influence the market, what's happening in the world, and the impact and significance of individual events and individuals like Mr. G. The danger of this, and the difficulty, is that the markets don't work in a vacuum. It's no longer earnings alone (actually earnings expectations for the future). Nor is it just investor or consumer sentiment. Whether you buy individual stocks, or mutual funds, they can be affected by the most perverse and diverse reasons, including the spin put on things by the media airheads. I still regularly think I am smarter than the "market", and get taught some humility. So far, my ego is still surviving. Whether you read Mr. G's book to your new and precious son, or HTMMIS, or sing lullabies, just enjoy the quiet time. It won't last!! Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message ----- Sent: Thursday, January 24, 2002 7:55 PM > Greetings all, > > I have just recently checked out (from my local library) a book > entitled Greenspan: The Man Behind Money (copyright in 2000). > Author is Justin Martin. > > I'm finding it a fascinating read; and will purchase the book. It > gives good insights into Alan Greenspan's life, background, beliefs, > obfuscations, and helps to make sense of what he says. > > Some top economists who've worked with Greenspan are qouted. Martin > Anderson and Murray Weidenbaum read and critiqued it. Former > President Ford is quoted. etc. etc. > > A good example of a learning which can make one money is as follows: > The "irrational exuberance" comments are talked about (a day in > which I went to 100% cash and sacrificed several hundred dollars at > the open - which bounced back the next day). Interestingly enough, > the CANSLIM rules would have forced one to cash (as I was) if > followed religiously on that day. I remember distinctly (that after > I'd already sold), the evening of those comments, Tom Worley posted > to the group that based on his extensive experience following > Greenspan's comments, he recommended to hold fast to everyone. I'd > not only sold, I'd posted that it would be a good day to cut your > losses - and protect your gains. After this read, if I'd known then > what I know now about Greenspan, I wouldn't have sold. > > Finally, as a postscript, I have more time for reading - less time > for investing. My second child was born on Monday; my wife just got > back from the hospital. I've been reading "Greenspan: The Man > Behind Money" at 2 AM feedings... Maybe I understand it better that > way. > > Dave > > --- Tom Worley wrote: > > In case anyone missed it, Mr. G speaks to Congress today at 10 AM > > on the US economy, and is expected to be upbeat, clarifying his > > comments from his Jan 11 speech in San Francisco. > > > > Best indications I can see are that there will not be a further cut > > in the Fed rate on 1/30/02. Hopefully today will clarify that, and > > prepare the market for that. A bullish perspective on a recovering > > economy is likely, IMO, to more than offset any disappointment at > > not getting another 25 BP cut. > > > > Tom Worley > > stkguru@netside.net > > AIM: TexWorley > > > > > ===== > Dave Cameron > dfcameron@yahoo.com > > __________________________________________________ > Do You Yahoo!? > Great stuff seeking new owners in Yahoo! Auctions! > http://auctions.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. ------------------------------------------------------------------------------- From: "stock oper8or" Subject: Re: [CANSLIM] DFXI vs. JEC--Faulty handle? Date: 25 Jan 2002 07:34:22 +0000 Never heard a reversal called a tail before but I like it. The loose action of this stock's price and volume in addition to today's high volume minor reversal is a bit of a negative. It almost had an outside day (higher high and lower low than prior day) as well, but at least it did not close near its low. If it had, it would have been a signal to sell at least part of one's position. But as you say, as long as it holds that $32 support area... >From: "Katherine Malm" >Reply-To: canslim@lists.xmission.com >To: >Subject: Re: [CANSLIM] DFXI vs. JEC--Faulty handle? >Date: Thu, 24 Jan 2002 12:58:19 -0600 > >Thanks stockoper8or and Tom for your input. > >I am watching DFXI with great interest as a "case study." The last couple >of days seemed to indicate strength as the stock bounced again off the >pivot. Today, however, the action is forming the dreaded tail on fairly >high volume. Will be interesting to see how it plays out. > >Katherine > ----- Original Message ----- > From: stock oper8or > To: canslim@lists.xmission.com > Sent: Monday, January 21, 2002 6:34 PM > Subject: Re: [CANSLIM] DFXI vs. JEC--Faulty handle? > > > I thought DFXI looked somewhat sloppy in the handle but not enough to > preculde its purchase: There were 5 down days on above average volume, >the > pattern was wide and loose, never really formed a downward wedge and the > volume did not really "dry up". One of the best indicators of a chart's > quality is its weekly chart. I believe you want to see what looks like >a > real handle in the weekly chart. On the weekly of DFXI you can see the >wide > action of the handle and it never really looked like a classic handle, >but > more like a pennant or triangle. > > Neverthess the breakout was very strong, gapping out on more than double > average daily volume. It could be argued that the strength of the >breakout > outweighed the imperfect action in the handle. All in all, this was not >a > perfect chart but was probably worth buying as it had such strong >qualities > other than the non-ideal price-volume action in the handle. While it >has > given back all its gains plus a little bit, it is still holding right in >the > pivot area. If it holds at the lows of the past 2 days, I would say it >is > worth holding. If I owned it (which I don't), I would put my stop >pretty > close to those intraday lows. > > By comparison JEC (during October) was so wide and loose that even >though > it's "handle?" was downward sloping and the volume did dry up from Oct > 18-20, the action was just not constructive whatsoever. There was as >much > or more down volume as up volume coming up the right side and the stock >had > multiple intraday reversals on above average volume. When it did try to > "break out" the volume barely exceeded average. This was definitely not >a > buy by any stretch of the imagination. > > > >From: "Katherine Malm" > >Reply-To: canslim@lists.xmission.com > >To: > >Subject: [CANSLIM] DFXI vs. JEC--Faulty handle? > >Date: Sun, 20 Jan 2002 07:50:53 -0600 > > > >DFXI's chart has been bothering me for some time. An Investor's Corner > >article dated 12/17/01 used JEC as an example of a "zig-zag" faulty >handle. > >What do you think, could DFXI have the same faulty handle? > > > >http://WallStreet-LLC.com/pub/DFXI_011802.jpg > >http://WallStreet-LLC.com/pub/JEC_011802.jpg > > > >Katherine > > > _________________________________________________________________ > Send and receive Hotmail on your mobile device: http://mobile.msn.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. _________________________________________________________________ MSN Photos is the easiest way to share and print your photos: http://photos.msn.com/support/worldwide.aspx - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: AW: [CANSLIM] Intro: Ben Chilcote Date: 25 Jan 2002 14:14:53 +0100 Welcome Ben, I just joined the group some months ago and I learn a ton ... Do not be shy, ask questions and give your opinion. I always did that and nobody through me out so far ;-) Andreas Just let you know: I am German, so my spelling is not the best ... > -----Ursprungliche Nachricht----- > Von: Ben Chilcote [SMTP:cbenj@pennswoods.net] > Gesendet am: Thursday, January 24, 2002 2:25 PM > An: canslim@lists.xmission.com > Betreff: [CANSLIM] Intro: Ben Chilcote > > Hello everyone, > > My name is Ben and I live in rural central Pennsylvania about 30 miles west of State College, home of Penn State. > I am an engineering specialist (CAD operator) working out of my home. I have been investing online since December of 1999. I only became aware of IBD about 6 months ago and now am a subscriber to the IBD newspaper. I have read both of Bill O'neil's books and am still learning about CANSLIM investing. > > Looking forward to my time in the CANSLIM discussion group. > > > Ben > << Datei: ATT00008.htm >> - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: AW: [CANSLIM] Market --> How are your watchlists doing? Date: 25 Jan 2002 14:23:26 +0100 I think so too, I get the feeling that the last two weeks was a bull trapp ... The market differenciates and that - in my opinion - is a good sign. A lot of good canslim stocks have not been beaten down or build their bases. Sebl made a good quater, by the way: Siebel is a very well managed company, they had problems the last and they are out of the dump first. Tom Siebel is positive for the Quaters ahead, he has been a great timer. When the market made the rally last spring, he said, its not over yet. > -----Ursprungliche Nachricht----- > Von: Tom Worley [SMTP:stkguru@netside.net] > Gesendet am: Thursday, January 24, 2002 10:58 PM > An: canslim@lists.xmission.com > Betreff: Re: [CANSLIM] Market --> How are your watchlists doing? > > Mine is fine, some red, but up 1.97% for the day. > > Tom Worley > stkguru@netside.net > AIM: TexWorley > ----- Original Message ----- > From: "Andreas Himmelreich" > To: > Sent: Tuesday, January 22, 2002 12:14 PM > Subject: [CANSLIM] Market --> How are your watchlists doing? > > > > In order to check the breath of the market --> > > How are your watchlists doing? > > > > I only see green, despite the market going down. Leading stocks do > > behaive very well (as far what I can see ...) > > > > See you > > > > Andreas > > > > > > - > > -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. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: AW: [CANSLIM] Market --> How are your watchlists doing? Date: 25 Jan 2002 14:58:21 +0100 bull trap bear trap, what is the difference? Well what I meant is, that the market scared out the bulls, but this might be only a trapp .... > -----Ursprungliche Nachricht----- > Von: Andreas Himmelreich [SMTP:judgejimmy@web.de] > Gesendet am: Friday, January 25, 2002 2:23 PM > An: 'canslim@lists.xmission.com' > Betreff: AW: [CANSLIM] Market --> How are your watchlists doing? > > I think so too, I get the feeling that the last two weeks was a bull trapp > ... > The market differenciates and that - in my opinion - is a good sign. > > A lot of good canslim stocks have not been beaten down or build their > bases. > > Sebl made a good quater, by the way: Siebel is a very well managed company, > they had problems the last and they are out of the dump first. Tom Siebel > is positive for the Quaters ahead, he has been a great timer. When the > market made the rally last spring, he said, its not over yet. > > > -----Ursprungliche Nachricht----- > > Von: Tom Worley [SMTP:stkguru@netside.net] > > Gesendet am: Thursday, January 24, 2002 10:58 PM > > An: canslim@lists.xmission.com > > Betreff: Re: [CANSLIM] Market --> How are your watchlists doing? > > > > Mine is fine, some red, but up 1.97% for the day. > > > > Tom Worley > > stkguru@netside.net > > AIM: TexWorley > > ----- Original Message ----- > > From: "Andreas Himmelreich" > > To: > > Sent: Tuesday, January 22, 2002 12:14 PM > > Subject: [CANSLIM] Market --> How are your watchlists doing? > > > > > > > In order to check the breath of the market --> > > > How are your watchlists doing? > > > > > > I only see green, despite the market going down. Leading stocks do > > > behaive very well (as far what I can see ...) > > > > > > See you > > > > > > Andreas > > > > > > > > > - > > > -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. - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] DFXI vs. JEC--Faulty handle? Date: 25 Jan 2002 08:17:42 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_02C3_01C1A578.C2721700 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi stockoper8or, When I wrote my note mid-day, DFXI had a tail. Looks like it ended = midrange after dropping a bit more after my note. Interesting action. I = suspect in a stronger market it would have been up and out of here by = now. I wonder if the zig zag handle that started it all was a sign of = market iffiness or a sign of stock iffiness. Just one for the "I wonder" = pile of thoughts! Katherine ----- Original Message -----=20 From: stock oper8or=20 To: canslim@lists.xmission.com=20 Sent: Friday, January 25, 2002 1:34 AM Subject: Re: [CANSLIM] DFXI vs. JEC--Faulty handle? Never heard a reversal called a tail before but I like it. The loose = action=20 of this stock's price and volume in addition to today's high volume = minor=20 reversal is a bit of a negative. It almost had an outside day (higher = high=20 and lower low than prior day) as well, but at least it did not close = near=20 its low. If it had, it would have been a signal to sell at least part = of=20 one's position. But as you say, as long as it holds that $32 support=20 area... >From: "Katherine Malm" >Reply-To: canslim@lists.xmission.com >To: >Subject: Re: [CANSLIM] DFXI vs. JEC--Faulty handle? >Date: Thu, 24 Jan 2002 12:58:19 -0600 > >Thanks stockoper8or and Tom for your input. > >I am watching DFXI with great interest as a "case study." The last = couple=20 >of days seemed to indicate strength as the stock bounced again off = the=20 >pivot. Today, however, the action is forming the dreaded tail on = fairly=20 >high volume. Will be interesting to see how it plays out. > >Katherine > ----- Original Message ----- > From: stock oper8or > To: canslim@lists.xmission.com > Sent: Monday, January 21, 2002 6:34 PM > Subject: Re: [CANSLIM] DFXI vs. JEC--Faulty handle? > > > I thought DFXI looked somewhat sloppy in the handle but not enough = to > preculde its purchase: There were 5 down days on above average = volume,=20 >the > pattern was wide and loose, never really formed a downward wedge = and the > volume did not really "dry up". One of the best indicators of a = chart's > quality is its weekly chart. I believe you want to see what looks = like=20 >a > real handle in the weekly chart. On the weekly of DFXI you can = see the=20 >wide > action of the handle and it never really looked like a classic = handle,=20 >but > more like a pennant or triangle. > > Neverthess the breakout was very strong, gapping out on more than = double > average daily volume. It could be argued that the strength of the = >breakout > outweighed the imperfect action in the handle. All in all, this = was not=20 >a > perfect chart but was probably worth buying as it had such strong=20 >qualities > other than the non-ideal price-volume action in the handle. While = it=20 >has > given back all its gains plus a little bit, it is still holding = right in=20 >the > pivot area. If it holds at the lows of the past 2 days, I would = say it=20 >is > worth holding. If I owned it (which I don't), I would put my stop = >pretty > close to those intraday lows. > > By comparison JEC (during October) was so wide and loose that even = >though > it's "handle?" was downward sloping and the volume did dry up from = Oct > 18-20, the action was just not constructive whatsoever. There was = as=20 >much > or more down volume as up volume coming up the right side and the = stock=20 >had > multiple intraday reversals on above average volume. When it did = try to > "break out" the volume barely exceeded average. This was = definitely not=20 >a > buy by any stretch of the imagination. > > > >From: "Katherine Malm" > >Reply-To: canslim@lists.xmission.com > >To: > >Subject: [CANSLIM] DFXI vs. JEC--Faulty handle? > >Date: Sun, 20 Jan 2002 07:50:53 -0600 > > > >DFXI's chart has been bothering me for some time. An Investor's = Corner > >article dated 12/17/01 used JEC as an example of a "zig-zag" = faulty=20 >handle. > >What do you think, could DFXI have the same faulty handle? > > > >http://WallStreet-LLC.com/pub/DFXI_011802.jpg > >http://WallStreet-LLC.com/pub/JEC_011802.jpg > > > >Katherine > > > _________________________________________________________________ > Send and receive Hotmail on your mobile device: = http://mobile.msn.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. _________________________________________________________________ MSN Photos is the easiest way to share and print your photos:=20 http://photos.msn.com/support/worldwide.aspx - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------=_NextPart_000_02C3_01C1A578.C2721700 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Hi stockoper8or,
 
When I wrote my note mid-day, DFXI had a tail. Looks like it ended = midrange=20 after dropping a bit more after my note. Interesting action. I suspect = in a=20 stronger market it would have been up and out of here by now. I wonder = if the=20 zig zag handle that started it all was a sign of market iffiness or a = sign of=20 stock iffiness. Just one for the "I wonder" pile of thoughts!
 
Katherine
----- Original Message -----
From:=20 stock=20 oper8or
Sent: Friday, January 25, 2002 = 1:34=20 AM
Subject: Re: [CANSLIM] DFXI vs. = JEC--Faulty handle?

Never heard a reversal called a tail before but I like=20 it.  The loose action
of this stock's price and volume in = addition to=20 today's high volume minor
reversal is a bit of a negative.  = It almost=20 had an outside day (higher high
and lower low than prior day) as = well, but=20 at least it did not close near
its low.  If it had, it would = have=20 been a signal to sell at least part of
one's position.  But = as you=20 say, as long as it holds that $32 support =
area...


>From:=20 "Katherine Malm" <kmalm@earthlink.net>
>Re= ply-To:=20 canslim@lists.xmission.com=
>To:=20 <canslim@lists.xmission.com= >
>Subject:=20 Re: [CANSLIM] DFXI vs. JEC--Faulty handle?
>Date: Thu, 24 Jan = 2002=20 12:58:19 -0600
>
>Thanks stockoper8or and Tom for your=20 input.
>
>I am watching DFXI with great interest as a = "case=20 study." The last couple
>of days seemed to indicate strength as = the=20 stock bounced again off the
>pivot. Today, however, the action = is=20 forming the dreaded tail on fairly
>high volume. Will be = interesting to=20 see how it plays out.
>
>Katherine
>   = -----=20 Original Message -----
>   From: stock=20 oper8or
>   To: canslim@lists.xmission.com=
>  =20 Sent: Monday, January 21, 2002 6:34 PM
>   Subject: = Re:=20 [CANSLIM] DFXI vs. JEC--Faulty = handle?
>
>
>   I=20 thought DFXI looked somewhat sloppy in the handle but not enough=20 to
>   preculde its purchase:  There were 5 down = days on=20 above average volume,
>the
>   pattern was wide = and=20 loose, never really formed a downward wedge and = the
>   volume=20 did not really "dry up".  One of the best indicators of a=20 chart's
>   quality is its weekly chart.  I = believe you=20 want to see what looks like
>a
>   real handle = in the=20 weekly chart.  On the weekly of DFXI you can see the=20
>wide
>   action of the handle and it never = really=20 looked like a classic handle,
>but
>   more = like a=20 pennant or triangle.
>
>   Neverthess the = breakout was=20 very strong, gapping out on more than double
>   = average daily=20 volume.  It could be argued that the strength of the=20
>breakout
>   outweighed the imperfect action = in the=20 handle.  All in all, this was not
>a
>   = perfect=20 chart but was probably worth buying as it had such strong=20
>qualities
>   other than the non-ideal = price-volume=20 action in the handle.  While it
>has
>   = given=20 back all its gains plus a little bit, it is still holding right in=20
>the
>   pivot area.  If it holds at the = lows of=20 the past 2 days, I would say it
>is
>   worth=20 holding.  If I owned it (which I don't), I would put my stop=20
>pretty
>   close to those intraday=20 lows.
>
>   By comparison JEC (during October) = was so=20 wide and loose that even
>though
>   it's = "handle?" was=20 downward sloping and the volume did dry up from = Oct
>   18-20,=20 the action was just not constructive whatsoever.  There was as=20
>much
>   or more down volume as up volume = coming up=20 the right side and the stock
>had
>   multiple = intraday=20 reversals on above average volume.  When it did try=20 to
>   "break out" the volume barely exceeded = average. =20 This was definitely not
>a
>   buy by any = stretch of=20 the imagination.
>
>
>   >From: = "Katherine=20 Malm" <kmalm@earthlink.net>
>&n= bsp; =20 >Reply-To: canslim@lists.xmission.com=
>  =20 >To: <canslim@lists.xmission.com= >
>  =20 >Subject: [CANSLIM] DFXI vs. JEC--Faulty = handle?
>  =20 >Date: Sun, 20 Jan 2002 07:50:53 -0600
>  =20 >
>   >DFXI's chart has been bothering me for = some time.=20 An Investor's Corner
>   >article dated 12/17/01 = used JEC=20 as an example of a "zig-zag" faulty =
>handle.
>  =20 >What do you think, could DFXI have the same faulty=20 handle?
>   >
>  =20 >http://WallStreet-LLC.com/pub/DFXI_011802.jpg
>  =20 >http://WallStreet-LLC.com/pub/JEC_011802.jpg
>  =20 >
>   = >Katherine
>
>
>  =20 = _________________________________________________________________
>=   =20 Send and receive Hotmail on your mobile device: http://mobile.msn.com
>
><= BR>>  =20 -
>   -To subscribe/unsubscribe, email "majordomo@xmission.com"
>= ;  =20 -In the email body, write "subscribe canslim" or
>  =20 -"unsubscribe canslim".  Do not use quotes in your=20 = email.


_______________________________________________________= __________
MSN=20 Photos is the easiest way to share and print your photos:
http://photos.msn.c= om/support/worldwide.aspx


-
-To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your email.
------=_NextPart_000_02C3_01C1A578.C2721700-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Spencer48@aol.com Subject: Re: [CANSLIM] DFXI vs. JEC--Faulty handle? Date: 25 Jan 2002 12:56:05 EST Katherine: To me DFXI does not look even like a nice Cup (much less a cup with a zig/zag handle. However, I realize analyzing is all in perspective (like beauty, it's in the eye of the beholder, I guess). Anyway, there was an on point (at least I think so) article today in IBD. You might find it useful. It concerns wide and loose bases: "Investor's Corner Friday, January 25, 2002 Base Can Be Tight And Loose BY MONIKA TJIA INVESTOR'S BUSINESS DAILY Stocks form a variety of bases. Whether the base is a cup-with-handle or a double-bottom, in most cases you'll find at least a week or two of wild price action. That's OK. After all, investors' emotions fuel stock movements. Fear drives prices sharply down, and greed yanks them back up. But if you see this erratic buying and selling throughout the base, watch out. An excessive number of dizzying price swings indicates institutions are moving in and out with ease. For every eager buyer, count an anxious seller. An occasional shakeout is fine. But you want a base to also have at least several weeks of tight, quiet price action. This indicates solid support throughout a base. Tight action means small price gaps from a stock's weekly high to its weekly low. Often you'll see a stock close the week virtually unchanged for several weeks in a row. This implies a lack of speculators and a load of steady long-term shareholders. From its October 1998 low to its April 16, 1999, high, Techne (TECH) ran up 150%. At its April peak (see point 1 in accompanying image), the fast-growing maker of cytokine test kits used to find new drugs formed a new base, correcting 24% from its high. As Techne formed its cup-with-handle base, it moved up and down in tiny steps. At the end of each week in May, the stock finished very close to its prior weekly close (point 2). In the week ended May 21, the stock swung as much as 12%. But it had a positive reversal. For the week, it finished up 0.13 point vs. the prior week (point 3). This price action is exactly what you want to see, because institutions raced in to support the stock. As Techne etched the right side of its base, the weekly spreads grew wider. But weeks of quiet action far outnumbered its weeks of wild price swings. On Aug. 25, 1999, Techne broke out of its 19-week base on triple average trade (point 4). After breaking out, Techne moved sideways for a few weeks. It held above its 50-day moving average. When the market finally took off in late October, so did Techne. From its breakout to its July 2000 peak, Techne gained 416%. It then began to carve a new three-month base. But in terms of complexion, this one was the exact opposite of its previous base. Instead of making slight price moves, it made extreme ones virtually every week. The price swings ranged as much as 26%. Techne failed to finish its base. It's now 56% off its all-time high." jans In a message dated 1/25/2002 9:30:10 AM Eastern Standard Time, kmalm@earthlink.net writes: << Hi stockoper8or, When I wrote my note mid-day, DFXI had a tail. Looks like it ended midrange after dropping a bit more after my note. Interesting action. I suspect in a stronger market it would have been up and out of here by now. I wonder if the zig zag handle that started it all was a sign of market iffiness or a sign of stock iffiness. Just one for the "I wonder" pile of thoughts! >> - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Mike Gibbons" Subject: RE: [CANSLIM] DFXI vs. JEC--Faulty handle? Date: 25 Jan 2002 08:25:59 -1000 I was a little critical of DFXI's handle when Dave brought it to our attention on 1/8, but appropriately contrite when it surged the following day. For an example of a more classic cwh chart, have a look at JBHT. This stock has shown 4 stages now of advancing on high volume and then pulling back on reducing volume before surging again. It may be forming another cup yesterday and today. (yesterday's reversal was a bit disconcerting but there is a subtlety in this kind of a reversal that diminishes its significance: If you think of yesterday and the breakout day before as one long day, i.e. put the two days atop each other, then the stock closed in the top third of its (2-day)range on massive volume. That is positive. And all of yesterday's volume was above the prior high. That was also positive. So although technically yesterday was a reversal, it was not a sell signal. We had this on our "low" handle list (based on Weinstein) when it formed it's first cup in November and it reappeared on our lists at each subsequent cup formation. The fundamentals were never sufficiently strong to make it a CANSLIM stock but as an example of a cup and handle, I think it's a good one. I'm pleased to be holding it for a nice gain. Aloha, Mike Gibbons -----Original Message----- [mailto:owner-canslim@lists.xmission.com]On Behalf Of Spencer48@aol.com Sent: Friday, January 25, 2002 7:56 AM Katherine: To me DFXI does not look even like a nice Cup (much less a cup with a zig/zag handle. However, I realize analyzing is all in perspective (like beauty, it's in the eye of the beholder, I guess). Anyway, there was an on point (at least I think so) article today in IBD. You might find it useful. It concerns wide and loose bases: "Investor's Corner Friday, January 25, 2002 Base Can Be Tight And Loose BY MONIKA TJIA INVESTOR'S BUSINESS DAILY Stocks form a variety of bases. Whether the base is a cup-with-handle or a double-bottom, in most cases you'll find at least a week or two of wild price action. That's OK. After all, investors' emotions fuel stock movements. Fear drives prices sharply down, and greed yanks them back up. But if you see this erratic buying and selling throughout the base, watch out. An excessive number of dizzying price swings indicates institutions are moving in and out with ease. For every eager buyer, count an anxious seller. An occasional shakeout is fine. But you want a base to also have at least several weeks of tight, quiet price action. This indicates solid support throughout a base. Tight action means small price gaps from a stock's weekly high to its weekly low. Often you'll see a stock close the week virtually unchanged for several weeks in a row. This implies a lack of speculators and a load of steady long-term shareholders. >From its October 1998 low to its April 16, 1999, high, Techne (TECH) ran up 150%. At its April peak (see point 1 in accompanying image), the fast-growing maker of cytokine test kits used to find new drugs formed a new base, correcting 24% from its high. As Techne formed its cup-with-handle base, it moved up and down in tiny steps. At the end of each week in May, the stock finished very close to its prior weekly close (point 2). In the week ended May 21, the stock swung as much as 12%. But it had a positive reversal. For the week, it finished up 0.13 point vs. the prior week (point 3). This price action is exactly what you want to see, because institutions raced in to support the stock. As Techne etched the right side of its base, the weekly spreads grew wider. But weeks of quiet action far outnumbered its weeks of wild price swings. On Aug. 25, 1999, Techne broke out of its 19-week base on triple average trade (point 4). After breaking out, Techne moved sideways for a few weeks. It held above its 50-day moving average. When the market finally took off in late October, so did Techne. >From its breakout to its July 2000 peak, Techne gained 416%. It then began to carve a new three-month base. But in terms of complexion, this one was the exact opposite of its previous base. Instead of making slight price moves, it made extreme ones virtually every week. The price swings ranged as much as 26%. Techne failed to finish its base. It's now 56% off its all-time high." jans In a message dated 1/25/2002 9:30:10 AM Eastern Standard Time, kmalm@earthlink.net writes: << Hi stockoper8or, When I wrote my note mid-day, DFXI had a tail. Looks like it ended midrange after dropping a bit more after my note. Interesting action. I suspect in a stronger market it would have been up and out of here by now. I wonder if the zig zag handle that started it all was a sign of market iffiness or a sign of stock iffiness. Just one for the "I wonder" pile of thoughts! >> - -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. ------------------------------------------------------------------------------- From: "Dan Forant" Subject: Re: [CANSLIM] DFXI vs. JEC--Faulty handle? Date: 25 Jan 2002 20:06:18 -0500 Is a cup's depth supposed to be no deeper than 35%?? DanF ----- Original Message ----- Sent: Friday, January 25, 2002 1:25 PM > I was a little critical of DFXI's handle when Dave brought it to our > attention on 1/8, but appropriately contrite when it surged the following > day. > > For an example of a more classic cwh chart, have a look at JBHT. This stock > has shown 4 stages now of advancing on high volume and then pulling back on > reducing volume before surging again. It may be forming another cup > yesterday and today. (yesterday's reversal was a bit disconcerting but there > is a subtlety in this kind of a reversal that diminishes its significance: > If you think of yesterday and the breakout day before as one long day, i.e. > put the two days atop each other, then the stock closed in the top third of > its (2-day)range on massive volume. That is positive. And all of > yesterday's volume was above the prior high. That was also positive. So > although technically yesterday was a reversal, it was not a sell signal. > > We had this on our "low" handle list (based on Weinstein) when it formed > it's first cup in November and it reappeared on our lists at each subsequent > cup formation. The fundamentals were never sufficiently strong to make it a > CANSLIM stock but as an example of a cup and handle, I think it's a good > one. I'm pleased to be holding it for a nice gain. > > Aloha, > > Mike Gibbons > > > -----Original Message----- > From: owner-canslim@lists.xmission.com > [mailto:owner-canslim@lists.xmission.com]On Behalf Of Spencer48@aol.com > Sent: Friday, January 25, 2002 7:56 AM > To: canslim@lists.xmission.com > Subject: Re: [CANSLIM] DFXI vs. JEC--Faulty handle? > > > Katherine: > > To me DFXI does not look even like a nice Cup (much less a cup with a > zig/zag handle. However, I realize analyzing is all in perspective (like > beauty, it's in the eye of the beholder, I guess). Anyway, there was an on > point (at least I think so) article today in IBD. You might find it useful. > It concerns wide and loose bases: > > "Investor's Corner > Friday, January 25, 2002 > > Base Can Be Tight And Loose > BY MONIKA TJIA > > INVESTOR'S BUSINESS DAILY > > > Stocks form a variety of bases. Whether the base is a cup-with-handle or a > double-bottom, in most cases you'll find at least a week or two of wild > price > action. > > That's OK. After all, investors' emotions fuel stock movements. Fear drives > prices sharply down, and greed yanks them back up. > > But if you see this erratic buying and selling throughout the base, watch > out. An excessive number of dizzying price swings indicates institutions are > moving in and out with ease. For every eager buyer, count an anxious seller. > > An occasional shakeout is fine. But you want a base to also have at least > several weeks of tight, quiet price action. This indicates solid support > throughout a base. > > Tight action means small price gaps from a stock's weekly high to its weekly > low. Often you'll see a stock close the week virtually unchanged for several > weeks in a row. This implies a lack of speculators and a load of steady > long-term shareholders. > > >From its October 1998 low to its April 16, 1999, high, Techne (TECH) ran up > 150%. At its April peak (see point 1 in accompanying image), the > fast-growing > maker of cytokine test kits used to find new drugs formed a new base, > correcting 24% from its high. > > As Techne formed its cup-with-handle base, it moved up and down in tiny > steps. At the end of each week in May, the stock finished very close to its > prior weekly close (point 2). > > In the week ended May 21, the stock swung as much as 12%. But it had a > positive reversal. For the week, it finished up 0.13 point vs. the prior > week > (point 3). This price action is exactly what you want to see, because > institutions raced in to support the stock. > > As Techne etched the right side of its base, the weekly spreads grew wider. > But weeks of quiet action far outnumbered its weeks of wild price swings. > > On Aug. 25, 1999, Techne broke out of its 19-week base on triple average > trade (point 4). > > After breaking out, Techne moved sideways for a few weeks. It held above its > 50-day moving average. When the market finally took off in late October, so > did Techne. > > >From its breakout to its July 2000 peak, Techne gained 416%. It then began > to > carve a new three-month base. But in terms of complexion, this one was the > exact opposite of its previous base. > > Instead of making slight price moves, it made extreme ones virtually every > week. The price swings ranged as much as 26%. Techne failed to finish its > base. It's now 56% off its all-time high." > > jans > > > > In a message dated 1/25/2002 9:30:10 AM Eastern Standard Time, > kmalm@earthlink.net writes: > > << Hi stockoper8or, > > When I wrote my note mid-day, DFXI had a tail. Looks like it ended midrange > after dropping a bit more after my note. Interesting action. I suspect in a > stronger market it would have been up and out of here by now. I wonder if > the > zig zag handle that started it all was a sign of market iffiness or a sign > of > stock iffiness. Just one for the "I wonder" pile of thoughts! > >> > > - > -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. ------------------------------------------------------------------------------- From: "Mike Gibbons" Subject: RE: [CANSLIM] DFXI vs. JEC--Faulty handle? Date: 25 Jan 2002 15:46:03 -1000 This is a multi-part message in MIME format. ------=_NextPart_000_001B_01C1A5B7.6507E920 Content-Type: multipart/alternative; boundary="----=_NextPart_001_001C_01C1A5B7.6507E920" ------=_NextPart_001_001C_01C1A5B7.6507E920 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: 7bit > Is a cup's depth supposed to be no deeper than 35%?? Actually, 33% is the Max. From some recent (as yet) unpublished research.... Aloha, Mike Gibbons Proactive Technologies, LLC http://www.proactech.com -----Original Message----- [mailto:owner-canslim@lists.xmission.com]On Behalf Of Dan Forant Sent: Friday, January 25, 2002 3:06 PM Is a cup's depth supposed to be no deeper than 35%?? DanF ----- Original Message ----- Sent: Friday, January 25, 2002 1:25 PM > I was a little critical of DFXI's handle when Dave brought it to our > attention on 1/8, but appropriately contrite when it surged the following > day. > > For an example of a more classic cwh chart, have a look at JBHT. This stock > has shown 4 stages now of advancing on high volume and then pulling back on > reducing volume before surging again. It may be forming another cup > yesterday and today. (yesterday's reversal was a bit disconcerting but there > is a subtlety in this kind of a reversal that diminishes its significance: > If you think of yesterday and the breakout day before as one long day, i.e. > put the two days atop each other, then the stock closed in the top third of > its (2-day)range on massive volume. That is positive. And all of > yesterday's volume was above the prior high. That was also positive. So > although technically yesterday was a reversal, it was not a sell signal. > > We had this on our "low" handle list (based on Weinstein) when it formed > it's first cup in November and it reappeared on our lists at each subsequent > cup formation. The fundamentals were never sufficiently strong to make it a > CANSLIM stock but as an example of a cup and handle, I think it's a good > one. I'm pleased to be holding it for a nice gain. > > Aloha, > > Mike Gibbons > > > -----Original Message----- > From: owner-canslim@lists.xmission.com > [mailto:owner-canslim@lists.xmission.com]On Behalf Of Spencer48@aol.com > Sent: Friday, January 25, 2002 7:56 AM > To: canslim@lists.xmission.com > Subject: Re: [CANSLIM] DFXI vs. JEC--Faulty handle? > > > Katherine: > > To me DFXI does not look even like a nice Cup (much less a cup with a > zig/zag handle. However, I realize analyzing is all in perspective (like > beauty, it's in the eye of the beholder, I guess). Anyway, there was an on > point (at least I think so) article today in IBD. You might find it useful. > It concerns wide and loose bases: > > "Investor's Corner > Friday, January 25, 2002 > > Base Can Be Tight And Loose > BY MONIKA TJIA > > INVESTOR'S BUSINESS DAILY > > > Stocks form a variety of bases. Whether the base is a cup-with-handle or a > double-bottom, in most cases you'll find at least a week or two of wild > price > action. > > That's OK. After all, investors' emotions fuel stock movements. Fear drives > prices sharply down, and greed yanks them back up. > > But if you see this erratic buying and selling throughout the base, watch > out. An excessive number of dizzying price swings indicates institutions are > moving in and out with ease. For every eager buyer, count an anxious seller. > > An occasional shakeout is fine. But you want a base to also have at least > several weeks of tight, quiet price action. This indicates solid support > throughout a base. > > Tight action means small price gaps from a stock's weekly high to its weekly > low. Often you'll see a stock close the week virtually unchanged for several > weeks in a row. This implies a lack of speculators and a load of steady > long-term shareholders. > > >From its October 1998 low to its April 16, 1999, high, Techne (TECH) ran up > 150%. At its April peak (see point 1 in accompanying image), the > fast-growing > maker of cytokine test kits used to find new drugs formed a new base, > correcting 24% from its high. > > As Techne formed its cup-with-handle base, it moved up and down in tiny > steps. At the end of each week in May, the stock finished very close to its > prior weekly close (point 2). > > In the week ended May 21, the stock swung as much as 12%. But it had a > positive reversal. For the week, it finished up 0.13 point vs. the prior > week > (point 3). This price action is exactly what you want to see, because > institutions raced in to support the stock. > > As Techne etched the right side of its base, the weekly spreads grew wider. > But weeks of quiet action far outnumbered its weeks of wild price swings. > > On Aug. 25, 1999, Techne broke out of its 19-week base on triple average > trade (point 4). > > After breaking out, Techne moved sideways for a few weeks. It held above its > 50-day moving average. When the market finally took off in late October, so > did Techne. > > >From its breakout to its July 2000 peak, Techne gained 416%. It then began > to > carve a new three-month base. But in terms of complexion, this one was the > exact opposite of its previous base. > > Instead of making slight price moves, it made extreme ones virtually every > week. The price swings ranged as much as 26%. Techne failed to finish its > base. It's now 56% off its all-time high." > > jans > > > > In a message dated 1/25/2002 9:30:10 AM Eastern Standard Time, > kmalm@earthlink.net writes: > > << Hi stockoper8or, > > When I wrote my note mid-day, DFXI had a tail. Looks like it ended midrange > after dropping a bit more after my note. Interesting action. I suspect in a > stronger market it would have been up and out of here by now. I wonder if > the > zig zag handle that started it all was a sign of market iffiness or a sign > of > stock iffiness. Just one for the "I wonder" pile of thoughts! > >> > > - > -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. ------=_NextPart_001_001C_01C1A5B7.6507E920 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable

> Is a cup's depth supposed to be no deeper than=20 35%??

Actually, 33% is = the=20 Max.

From some recent (as yet) unpublished=20 research....

3D""


Aloha,

Mike=20 Gibbons
Proactive Technologies, LLC
http://www.proactech.com


-----Original=20 Message-----
From: owner-canslim@lists.xmission.com
[mailto:owner-canslim@lis= ts.xmission.com]On=20 Behalf Of Dan Forant
Sent: Friday, January 25, 2002 3:06 PM
To:=20 canslim@lists.xmission.com
Subject: Re: [CANSLIM] DFXI vs. = JEC--Faulty=20 handle?


Is a cup's depth supposed to be no deeper than=20 35%??

DanF

----- Original Message -----
From: "Mike = Gibbons"=20 <mikegibbons@proactech.com>
To:=20 <canslim@lists.xmission.com>
Sent: Friday, January 25, 2002 = 1:25=20 PM
Subject: RE: [CANSLIM] DFXI vs. JEC--Faulty = handle?


> I was=20 a little critical of DFXI's handle when Dave brought it to our
> = attention=20 on 1/8, but appropriately contrite when it surged the following
>=20 day.
>
> For an example of a more classic cwh chart, have a = look at=20 JBHT. This
stock
> has shown 4 stages now of advancing on high = volume=20 and then pulling back
on
> reducing volume before surging = again. It may=20 be forming another cup
> yesterday and today. (yesterday's = reversal was a=20 bit disconcerting but
there
> is a subtlety in this kind of a = reversal=20 that diminishes its significance:
> If you think of yesterday and = the=20 breakout day before as one long day,
i.e.
> put the two days = atop each=20 other, then the stock closed in the top third
of
> its = (2-day)range on=20 massive volume.  That is positive.  And all of
> = yesterday's=20 volume was above the prior high.  That was also positive.  = So
>=20 although technically yesterday was a reversal, it was not a sell=20 signal.
>
> We had this on our "low" handle list (based on=20 Weinstein) when it formed
> it's first cup in November and it = reappeared=20 on our lists at each
subsequent
> cup formation. The = fundamentals were=20 never sufficiently strong to make it
a
> CANSLIM stock but as = an=20 example of a cup and handle, I think it's a good
> one. I'm = pleased to be=20 holding it for a nice gain.
>
> Aloha,
>
> Mike=20 Gibbons
>
>
> -----Original Message-----
> From: = owner-canslim@lists.xmission.com
> [mailto:owner-canslim@lis= ts.xmission.com]On=20 Behalf Of Spencer48@aol.com
> Sent: Friday, January 25, 2002 7:56=20 AM
> To: canslim@lists.xmission.com
> Subject: Re: [CANSLIM] = DFXI=20 vs. JEC--Faulty handle?
>
>
>=20 Katherine:
>
>      To me DFXI does = not=20 look even like a nice Cup (much less a cup with a
> zig/zag = handle. =20 However, I realize analyzing is all in perspective (like
> beauty, = it's in=20 the eye of the beholder, I guess).  Anyway, there was = an
on
>=20 point (at least I think so) article today in IBD.  You might find=20 it
useful.
> It concerns wide and loose bases:
>
>=20 "Investor's Corner
> Friday, January 25, 2002
>
> Base = Can Be=20 Tight And Loose
> BY MONIKA TJIA
>
> INVESTOR'S = BUSINESS=20 DAILY
>
>
> Stocks form a variety of bases. Whether = the base=20 is a cup-with-handle or a
> double-bottom, in most cases you'll = find at=20 least a week or two of wild
> price
> = action.
>
> That's=20 OK. After all, investors' emotions fuel stock movements. = Fear
drives
>=20 prices sharply down, and greed yanks them back up.
>
> But = if you=20 see this erratic buying and selling throughout the base, watch
> = out. An=20 excessive number of dizzying price swings indicates = institutions
are
>=20 moving in and out with ease. For every eager buyer, count an=20 anxious
seller.
>
> An occasional shakeout is fine. But = you want=20 a base to also have at least
> several weeks of tight, quiet price = action.=20 This indicates solid support
> throughout a base.
>
> = Tight=20 action means small price gaps from a stock's weekly high to=20 its
weekly
> low. Often you'll see a stock close the week = virtually=20 unchanged for
several
> weeks in a row. This implies a lack of=20 speculators and a load of steady
> long-term = shareholders.
>
>=20 >From its October 1998 low to its April 16, 1999, high, Techne (TECH) = ran
up
> 150%. At its April peak (see point 1 in accompanying = image),=20 the
> fast-growing
> maker of cytokine test kits used to = find new=20 drugs formed a new base,
> correcting 24% from its = high.
>
>=20 As Techne formed its cup-with-handle base, it moved up and down in = tiny
>=20 steps. At the end of each week in May, the stock finished very close=20 to
its
> prior weekly close (point 2).
>
> In the = week=20 ended May 21, the stock swung as much as 12%. But it had a
> = positive=20 reversal. For the week, it finished up 0.13 point vs. the prior
>=20 week
> (point 3). This price action is exactly what you want to = see,=20 because
> institutions raced in to support the = stock.
>
> As=20 Techne etched the right side of its base, the weekly spreads=20 grew
wider.
> But weeks of quiet action far outnumbered its = weeks of=20 wild price swings.
>
> On Aug. 25, 1999, Techne broke out of = its=20 19-week base on triple average
> trade (point 4).
>
> = After=20 breaking out, Techne moved sideways for a few weeks. It held=20 above
its
> 50-day moving average. When the market finally took = off in=20 late October,
so
> did Techne.
>
> >From its = breakout to=20 its July 2000 peak, Techne gained 416%. It then
began
> = to
>=20 carve a new three-month base. But in terms of complexion, this one was=20 the
> exact opposite of its previous base.
>
> Instead = of=20 making slight price moves, it made extreme ones virtually every
> = week.=20 The price swings ranged as much as 26%. Techne failed to finish = its
>=20 base. It's now 56% off its all-time high."
>
>=20 jans
>
>
>
> In a message dated 1/25/2002 = 9:30:10 AM=20 Eastern Standard Time,
> kmalm@earthlink.net = writes:
>
>=20 << Hi stockoper8or,
>
>  When I wrote my note = mid-day,=20 DFXI had a tail. Looks like it ended
midrange
> after dropping = a bit=20 more after my note. Interesting action. I suspect in
a
> = stronger=20 market it would have been up and out of here by now. I wonder if
> = the
> zig zag handle that started it all was a sign of market = iffiness or=20 a sign
> of
> stock iffiness. Just one for the "I wonder" = pile of=20 thoughts!
>   >>
>
> -
> -To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
> -In the = email=20 body, write "subscribe canslim" or
> -"unsubscribe canslim".  = Do not=20 use quotes in your email.
>
>
> -
> -To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
> -In the = email=20 body, write "subscribe canslim" or
> -"unsubscribe canslim".  = Do not=20 use quotes in your email.
>


-
-To = subscribe/unsubscribe,=20 email "majordomo@xmission.com"
-In the email body, write "subscribe = canslim"=20 or
-"unsubscribe canslim".  Do not use quotes in your = email.=20

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"majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Mike Gibbons" Subject: RE: [CANSLIM] DFXI vs. JEC--Faulty handle? Date: 25 Jan 2002 16:04:30 -1000 > Is a cup's depth supposed to be no deeper than 35%?? Following up on my earlier post, with the example of an O'Neil cwh chart, I suppose my example of JBHT could be critiqued as the cup depth was 50% and maybe that's what provoked Dan's question. However, as the issue was more about the action in the DFXI handle, I was presenting JBHT as an example of text-book handle action rather than the entire cwh pattern. Aloha, Mike Gibbons Proactive Technologies, LLC http://www.proactech.com -----Original Message----- [mailto:owner-canslim@lists.xmission.com]On Behalf Of Dan Forant Sent: Friday, January 25, 2002 3:06 PM Is a cup's depth supposed to be no deeper than 35%?? DanF ----- Original Message ----- Sent: Friday, January 25, 2002 1:25 PM > I was a little critical of DFXI's handle when Dave brought it to our > attention on 1/8, but appropriately contrite when it surged the following > day. > > For an example of a more classic cwh chart, have a look at JBHT. This stock > has shown 4 stages now of advancing on high volume and then pulling back on > reducing volume before surging again. It may be forming another cup > yesterday and today. (yesterday's reversal was a bit disconcerting but there > is a subtlety in this kind of a reversal that diminishes its significance: > If you think of yesterday and the breakout day before as one long day, i.e. > put the two days atop each other, then the stock closed in the top third of > its (2-day)range on massive volume. That is positive. And all of > yesterday's volume was above the prior high. That was also positive. So > although technically yesterday was a reversal, it was not a sell signal. > > We had this on our "low" handle list (based on Weinstein) when it formed > it's first cup in November and it reappeared on our lists at each subsequent > cup formation. The fundamentals were never sufficiently strong to make it a > CANSLIM stock but as an example of a cup and handle, I think it's a good > one. I'm pleased to be holding it for a nice gain. > > Aloha, > > Mike Gibbons > > > -----Original Message----- > From: owner-canslim@lists.xmission.com > [mailto:owner-canslim@lists.xmission.com]On Behalf Of Spencer48@aol.com > Sent: Friday, January 25, 2002 7:56 AM > To: canslim@lists.xmission.com > Subject: Re: [CANSLIM] DFXI vs. JEC--Faulty handle? > > > Katherine: > > To me DFXI does not look even like a nice Cup (much less a cup with a > zig/zag handle. However, I realize analyzing is all in perspective (like > beauty, it's in the eye of the beholder, I guess). Anyway, there was an on > point (at least I think so) article today in IBD. You might find it useful. > It concerns wide and loose bases: > > "Investor's Corner > Friday, January 25, 2002 > > Base Can Be Tight And Loose > BY MONIKA TJIA > > INVESTOR'S BUSINESS DAILY > > > Stocks form a variety of bases. Whether the base is a cup-with-handle or a > double-bottom, in most cases you'll find at least a week or two of wild > price > action. > > That's OK. After all, investors' emotions fuel stock movements. Fear drives > prices sharply down, and greed yanks them back up. > > But if you see this erratic buying and selling throughout the base, watch > out. An excessive number of dizzying price swings indicates institutions are > moving in and out with ease. For every eager buyer, count an anxious seller. > > An occasional shakeout is fine. But you want a base to also have at least > several weeks of tight, quiet price action. This indicates solid support > throughout a base. > > Tight action means small price gaps from a stock's weekly high to its weekly > low. Often you'll see a stock close the week virtually unchanged for several > weeks in a row. This implies a lack of speculators and a load of steady > long-term shareholders. > > >From its October 1998 low to its April 16, 1999, high, Techne (TECH) ran up > 150%. At its April peak (see point 1 in accompanying image), the > fast-growing > maker of cytokine test kits used to find new drugs formed a new base, > correcting 24% from its high. > > As Techne formed its cup-with-handle base, it moved up and down in tiny > steps. At the end of each week in May, the stock finished very close to its > prior weekly close (point 2). > > In the week ended May 21, the stock swung as much as 12%. But it had a > positive reversal. For the week, it finished up 0.13 point vs. the prior > week > (point 3). This price action is exactly what you want to see, because > institutions raced in to support the stock. > > As Techne etched the right side of its base, the weekly spreads grew wider. > But weeks of quiet action far outnumbered its weeks of wild price swings. > > On Aug. 25, 1999, Techne broke out of its 19-week base on triple average > trade (point 4). > > After breaking out, Techne moved sideways for a few weeks. It held above its > 50-day moving average. When the market finally took off in late October, so > did Techne. > > >From its breakout to its July 2000 peak, Techne gained 416%. It then began > to > carve a new three-month base. But in terms of complexion, this one was the > exact opposite of its previous base. > > Instead of making slight price moves, it made extreme ones virtually every > week. The price swings ranged as much as 26%. Techne failed to finish its > base. It's now 56% off its all-time high." > > jans > > > > In a message dated 1/25/2002 9:30:10 AM Eastern Standard Time, > kmalm@earthlink.net writes: > > << Hi stockoper8or, > > When I wrote my note mid-day, DFXI had a tail. Looks like it ended midrange > after dropping a bit more after my note. Interesting action. I suspect in a > stronger market it would have been up and out of here by now. I wonder if > the > zig zag handle that started it all was a sign of market iffiness or a sign > of > stock iffiness. Just one for the "I wonder" pile of thoughts! > >> > > - > -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. - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] DFXI vs. JEC--Faulty handle? Date: 25 Jan 2002 21:29:18 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_0014_01C1A5E7.58DB9AE0 Content-Type: multipart/alternative; boundary="----=_NextPart_001_0015_01C1A5E7.58DB9AE0" ------=_NextPart_001_0015_01C1A5E7.58DB9AE0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Mike, Dan, Mike: nice diagram, what is the source of the unpublished research? Dan: WON says in HTMMIS that the time duration, contrary to the diagram = below, is 7 to 65 weeks. On depth, WON says "The usual percentage = correction from the absolute peak to the low point of the price pattern = varies from 12 or 15% to 33%". (the italics are O'Neil's). He then goes = on to say "A very few volatile leaders can plunge as much as 40 or 50% = in a bull market. Base patterns correcting over this amount while in = bull markets have a higher failure rate if they attempt to make new = price highs and resume their advance." (bold emphasis mine) This is from = Chapter 14, How to Read Charts, page 152 First edition. He also says "Coming out of a major bear market, some patterns that have = decreased 50 to 60% or more can succeed. The percent decline is, in = these cases, a function of the severity of the bear market and the = extent of the stock's prior price runup." Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Mike Gibbons=20 To: canslim@lists.xmission.com=20 Sent: Friday, January 25, 2002 8:46 PM Subject: RE: [CANSLIM] DFXI vs. JEC--Faulty handle? > Is a cup's depth supposed to be no deeper than 35%?? Actually, 33% is the Max. From some recent (as yet) unpublished research.... Aloha, Mike Gibbons Proactive Technologies, LLC http://www.proactech.com -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Dan Forant Sent: Friday, January 25, 2002 3:06 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] DFXI vs. JEC--Faulty handle? Is a cup's depth supposed to be no deeper than 35%?? DanF ----- Original Message ----- From: "Mike Gibbons" To: Sent: Friday, January 25, 2002 1:25 PM Subject: RE: [CANSLIM] DFXI vs. JEC--Faulty handle? > I was a little critical of DFXI's handle when Dave brought it to our > attention on 1/8, but appropriately contrite when it surged the = following > day. > > For an example of a more classic cwh chart, have a look at JBHT. = This stock > has shown 4 stages now of advancing on high volume and then pulling = back on > reducing volume before surging again. It may be forming another cup > yesterday and today. (yesterday's reversal was a bit disconcerting = but there > is a subtlety in this kind of a reversal that diminishes its = significance: > If you think of yesterday and the breakout day before as one long = day, i.e. > put the two days atop each other, then the stock closed in the top = third of > its (2-day)range on massive volume. That is positive. And all of > yesterday's volume was above the prior high. That was also = positive. So > although technically yesterday was a reversal, it was not a sell = signal. > > We had this on our "low" handle list (based on Weinstein) when it = formed > it's first cup in November and it reappeared on our lists at each subsequent > cup formation. The fundamentals were never sufficiently strong to = make it a > CANSLIM stock but as an example of a cup and handle, I think it's a = good > one. I'm pleased to be holding it for a nice gain. > > Aloha, > > Mike Gibbons > > > -----Original Message----- > From: owner-canslim@lists.xmission.com > [mailto:owner-canslim@lists.xmission.com]On Behalf Of = Spencer48@aol.com > Sent: Friday, January 25, 2002 7:56 AM > To: canslim@lists.xmission.com > Subject: Re: [CANSLIM] DFXI vs. JEC--Faulty handle? > > > Katherine: > > To me DFXI does not look even like a nice Cup (much less a cup = with a > zig/zag handle. However, I realize analyzing is all in perspective = (like > beauty, it's in the eye of the beholder, I guess). Anyway, there = was an on > point (at least I think so) article today in IBD. You might find it useful. > It concerns wide and loose bases: > > "Investor's Corner > Friday, January 25, 2002 > > Base Can Be Tight And Loose > BY MONIKA TJIA > > INVESTOR'S BUSINESS DAILY > > > Stocks form a variety of bases. Whether the base is a = cup-with-handle or a > double-bottom, in most cases you'll find at least a week or two of = wild > price > action. > > That's OK. After all, investors' emotions fuel stock movements. Fear drives > prices sharply down, and greed yanks them back up. > > But if you see this erratic buying and selling throughout the base, = watch > out. An excessive number of dizzying price swings indicates = institutions are > moving in and out with ease. For every eager buyer, count an anxious seller. > > An occasional shakeout is fine. But you want a base to also have at = least > several weeks of tight, quiet price action. This indicates solid = support > throughout a base. > > Tight action means small price gaps from a stock's weekly high to = its weekly > low. Often you'll see a stock close the week virtually unchanged for several > weeks in a row. This implies a lack of speculators and a load of = steady > long-term shareholders. > > >From its October 1998 low to its April 16, 1999, high, Techne = (TECH) ran up > 150%. At its April peak (see point 1 in accompanying image), the > fast-growing > maker of cytokine test kits used to find new drugs formed a new = base, > correcting 24% from its high. > > As Techne formed its cup-with-handle base, it moved up and down in = tiny > steps. At the end of each week in May, the stock finished very close = to its > prior weekly close (point 2). > > In the week ended May 21, the stock swung as much as 12%. But it had = a > positive reversal. For the week, it finished up 0.13 point vs. the = prior > week > (point 3). This price action is exactly what you want to see, = because > institutions raced in to support the stock. > > As Techne etched the right side of its base, the weekly spreads grew wider. > But weeks of quiet action far outnumbered its weeks of wild price = swings. > > On Aug. 25, 1999, Techne broke out of its 19-week base on triple = average > trade (point 4). > > After breaking out, Techne moved sideways for a few weeks. It held = above its > 50-day moving average. When the market finally took off in late = October, so > did Techne. > > >From its breakout to its July 2000 peak, Techne gained 416%. It = then began > to > carve a new three-month base. But in terms of complexion, this one = was the > exact opposite of its previous base. > > Instead of making slight price moves, it made extreme ones virtually = every > week. The price swings ranged as much as 26%. Techne failed to = finish its > base. It's now 56% off its all-time high." > > jans > > > > In a message dated 1/25/2002 9:30:10 AM Eastern Standard Time, > kmalm@earthlink.net writes: > > << Hi stockoper8or, > > When I wrote my note mid-day, DFXI had a tail. Looks like it ended midrange > after dropping a bit more after my note. Interesting action. I = suspect in a > stronger market it would have been up and out of here by now. I = wonder if > the > zig zag handle that started it all was a sign of market iffiness or = a sign > of > stock iffiness. Just one for the "I wonder" pile of thoughts! > >> > > - > -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.=20 ------=_NextPart_001_0015_01C1A5E7.58DB9AE0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Mike, Dan,
 
Mike: nice diagram, what is the source of the = unpublished=20 research?
 
Dan: WON says in HTMMIS that the time duration, = contrary=20 to the diagram below, is 7 to 65 weeks. On depth, WON says "The = usual=20 percentage correction from the absolute peak to the low point of the = price=20 pattern varies from 12 or 15% to 33%". (the italics are O'Neil's). He = then goes=20 on to say "A very few volatile leaders can plunge as much as 40 or = 50% in a=20 bull market. Base patterns = correcting over this = amount while in=20 bull markets have a higher failure rate if they attempt to make new = price highs=20 and resume their advance." (bold emphasis mine) This is from Chapter 14, = How to=20 Read Charts, page 152 First edition.
 
He also says "Coming out of a major bear market, = some=20 patterns that have decreased 50 to 60% or more can succeed. The percent = decline=20 is, in these cases, a function of the severity of the bear market and = the extent=20 of the stock's prior price runup."
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Mike Gibbons
Sent: Friday, January 25, 2002 = 8:46=20 PM
Subject: RE: [CANSLIM] DFXI vs. = JEC--Faulty handle?

> Is a cup's depth supposed to be no deeper than=20 35%??

Actually, 33% is = the=20 Max.

From some recent (as yet) unpublished=20 research....

3D""


Aloha,

Mike Gibbons
Proactive = Technologies,=20 LLC
http://www.proactech.com


-----Original=20 Message-----
From: owner-canslim@lists.xmis= sion.com
[mailto:owner-canslim@lis= ts.xmission.com]On=20 Behalf Of Dan Forant
Sent: Friday, January 25, 2002 3:06 PM
To:=20 canslim@lists.xmission.com
Subject: Re: [CANSLIM] DFXI vs. = JEC--Faulty=20 handle?


Is a cup's depth supposed to be no deeper than=20 35%??

DanF

----- Original Message -----
From: "Mike = Gibbons"=20 <mikegibbons@proactech.com>
To:=20 <canslim@lists.xmission.com>
Sent: Friday, January 25, 2002 = 1:25=20 PM
Subject: RE: [CANSLIM] DFXI vs. JEC--Faulty = handle?


> I=20 was a little critical of DFXI's handle when Dave brought it to = our
>=20 attention on 1/8, but appropriately contrite when it surged the=20 following
> day.
>
> For an example of a more = classic cwh=20 chart, have a look at JBHT. This
stock
> has shown 4 stages = now of=20 advancing on high volume and then pulling back
on
> reducing = volume=20 before surging again. It may be forming another cup
> yesterday = and=20 today. (yesterday's reversal was a bit disconcerting = but
there
> is a=20 subtlety in this kind of a reversal that diminishes its = significance:
>=20 If you think of yesterday and the breakout day before as one long=20 day,
i.e.
> put the two days atop each other, then the stock = closed=20 in the top third
of
> its (2-day)range on massive = volume.  That=20 is positive.  And all of
> yesterday's volume was above the = prior=20 high.  That was also positive.  So
> although = technically=20 yesterday was a reversal, it was not a sell signal.
>
> We = had=20 this on our "low" handle list (based on Weinstein) when it = formed
> it's=20 first cup in November and it reappeared on our lists at=20 each
subsequent
> cup formation. The fundamentals were never=20 sufficiently strong to make it
a
> CANSLIM stock but as an = example of=20 a cup and handle, I think it's a good
> one. I'm pleased to be = holding=20 it for a nice gain.
>
> Aloha,
>
> Mike=20 Gibbons
>
>
> -----Original Message-----
> = owner-canslim@lists.xmission.com
> [mailto:owner-canslim@lis= ts.xmission.com]On=20 Behalf Of Spencer48@aol.com
> Sent: Friday, January 25, 2002 = 7:56=20 AM
> To: canslim@lists.xmission.com
> Subject: Re: = [CANSLIM] DFXI=20 vs. JEC--Faulty handle?
>
>
>=20 Katherine:
>
>      To me DFXI = does not=20 look even like a nice Cup (much less a cup with a
> zig/zag=20 handle.  However, I realize analyzing is all in perspective = (like
>=20 beauty, it's in the eye of the beholder, I guess).  Anyway, there = was=20 an
on
> point (at least I think so) article today in = IBD.  You=20 might find it
useful.
> It concerns wide and loose=20 bases:
>
> "Investor's Corner
> Friday, January 25,=20 2002
>
> Base Can Be Tight And Loose
> BY MONIKA=20 TJIA
>
> INVESTOR'S BUSINESS DAILY
>
>
> = Stocks=20 form a variety of bases. Whether the base is a cup-with-handle or = a
>=20 double-bottom, in most cases you'll find at least a week or two of=20 wild
> price
> action.
>
> That's OK. After = all,=20 investors' emotions fuel stock movements. Fear
drives
> = prices=20 sharply down, and greed yanks them back up.
>
> But if you = see=20 this erratic buying and selling throughout the base, watch
> = out. An=20 excessive number of dizzying price swings indicates=20 institutions
are
> moving in and out with ease. For every = eager=20 buyer, count an anxious
seller.
>
> An occasional = shakeout is=20 fine. But you want a base to also have at least
> several weeks = of=20 tight, quiet price action. This indicates solid support
> = throughout a=20 base.
>
> Tight action means small price gaps from a = stock's=20 weekly high to its
weekly
> low. Often you'll see a stock = close the=20 week virtually unchanged for
several
> weeks in a row. This = implies a=20 lack of speculators and a load of steady
> long-term=20 shareholders.
>
> >From its October 1998 low to its = April 16,=20 1999, high, Techne (TECH) ran
up
> 150%. At its April peak = (see point=20 1 in accompanying image), the
> fast-growing
> maker of = cytokine=20 test kits used to find new drugs formed a new base,
> correcting = 24%=20 from its high.
>
> As Techne formed its cup-with-handle = base, it=20 moved up and down in tiny
> steps. At the end of each week in = May, the=20 stock finished very close to
its
> prior weekly close (point=20 2).
>
> In the week ended May 21, the stock swung as much = as 12%.=20 But it had a
> positive reversal. For the week, it finished up = 0.13=20 point vs. the prior
> week
> (point 3). This price action = is=20 exactly what you want to see, because
> institutions raced in to = support=20 the stock.
>
> As Techne etched the right side of its = base, the=20 weekly spreads grew
wider.
> But weeks of quiet action far=20 outnumbered its weeks of wild price swings.
>
> On Aug. = 25, 1999,=20 Techne broke out of its 19-week base on triple average
> trade = (point=20 4).
>
> After breaking out, Techne moved sideways for a = few weeks.=20 It held above
its
> 50-day moving average. When the market = finally=20 took off in late October,
so
> did Techne.
>
> = >From=20 its breakout to its July 2000 peak, Techne gained 416%. It=20 then
began
> to
> carve a new three-month base. But in = terms of=20 complexion, this one was the
> exact opposite of its previous=20 base.
>
> Instead of making slight price moves, it made = extreme=20 ones virtually every
> week. The price swings ranged as much as = 26%.=20 Techne failed to finish its
> base. It's now 56% off its = all-time=20 high."
>
> jans
>
>
>
> In a = message dated=20 1/25/2002 9:30:10 AM Eastern Standard Time,
> = kmalm@earthlink.net=20 writes:
>
> << Hi = stockoper8or,
>
>  When I=20 wrote my note mid-day, DFXI had a tail. Looks like it=20 ended
midrange
> after dropping a bit more after my note. = Interesting=20 action. I suspect in
a
> stronger market it would have been = up and=20 out of here by now. I wonder if
> the
> zig zag handle = that=20 started it all was a sign of market iffiness or a sign
> = of
>=20 stock iffiness. Just one for the "I wonder" pile of=20 thoughts!
>   >>
>
> -
> -To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
> -In the = email=20 body, write "subscribe canslim" or
> -"unsubscribe = canslim".  Do=20 not use quotes in your email.
>
>
> -
> -To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
> -In the = email=20 body, write "subscribe canslim" or
> -"unsubscribe = canslim".  Do=20 not use quotes in your email.
>


-
-To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
-In the email = body,=20 write "subscribe canslim" or
-"unsubscribe canslim".  Do not = use=20 quotes in your email.

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"majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Mike Gibbons" Subject: RE: [CANSLIM] DFXI vs. JEC--Faulty handle? Date: 25 Jan 2002 16:52:31 -1000 This is a multi-part message in MIME format. ------=_NextPart_000_002C_01C1A5C0.AE3E31E0 Content-Type: multipart/alternative; boundary="----=_NextPart_001_002D_01C1A5C0.AE3E31E0" ------=_NextPart_001_002D_01C1A5C0.AE3E31E0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: 7bit Source: The writings of WON, IBD (Investors Corner) and Investors.com. These sources are sometimes (often?) at variance, but the best consensus we could arrive at is shown in the diagram. As for the depth, I think it's fair to say that 9/11 was an extraordinary shock to the market which pushed many stocks lower than they would have been if 9/11 had not happened, so some leeway is appropriate. Aloha, Mike Gibbons Proactive Technologies, LLC http://www.proactech.com -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Tom Worley Sent: Friday, January 25, 2002 4:29 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] DFXI vs. JEC--Faulty handle? Mike, Dan, Mike: nice diagram, what is the source of the unpublished research? Dan: WON says in HTMMIS that the time duration, contrary to the diagram below, is 7 to 65 weeks. On depth, WON says "The usual percentage correction from the absolute peak to the low point of the price pattern varies from 12 or 15% to 33%". (the italics are O'Neil's). He then goes on to say "A very few volatile leaders can plunge as much as 40 or 50% in a bull market. Base patterns correcting over this amount while in bull markets have a higher failure rate if they attempt to make new price highs and resume their advance." (bold emphasis mine) This is from Chapter 14, How to Read Charts, page 152 First edition. He also says "Coming out of a major bear market, some patterns that have decreased 50 to 60% or more can succeed. The percent decline is, in these cases, a function of the severity of the bear market and the extent of the stock's prior price runup." Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message ----- From: Mike Gibbons To: canslim@lists.xmission.com Sent: Friday, January 25, 2002 8:46 PM Subject: RE: [CANSLIM] DFXI vs. JEC--Faulty handle? > Is a cup's depth supposed to be no deeper than 35%?? Actually, 33% is the Max. From some recent (as yet) unpublished research.... Aloha, Mike Gibbons Proactive Technologies, LLC http://www.proactech.com -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Dan Forant Sent: Friday, January 25, 2002 3:06 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] DFXI vs. JEC--Faulty handle? Is a cup's depth supposed to be no deeper than 35%?? DanF ----- Original Message ----- From: "Mike Gibbons" To: Sent: Friday, January 25, 2002 1:25 PM Subject: RE: [CANSLIM] DFXI vs. JEC--Faulty handle? > I was a little critical of DFXI's handle when Dave brought it to our > attention on 1/8, but appropriately contrite when it surged the following > day. > > For an example of a more classic cwh chart, have a look at JBHT. This stock > has shown 4 stages now of advancing on high volume and then pulling back on > reducing volume before surging again. It may be forming another cup > yesterday and today. (yesterday's reversal was a bit disconcerting but there > is a subtlety in this kind of a reversal that diminishes its significance: > If you think of yesterday and the breakout day before as one long day, i.e. > put the two days atop each other, then the stock closed in the top third of > its (2-day)range on massive volume. That is positive. And all of > yesterday's volume was above the prior high. That was also positive. So > although technically yesterday was a reversal, it was not a sell signal. > > We had this on our "low" handle list (based on Weinstein) when it formed > it's first cup in November and it reappeared on our lists at each subsequent > cup formation. The fundamentals were never sufficiently strong to make it a > CANSLIM stock but as an example of a cup and handle, I think it's a good > one. I'm pleased to be holding it for a nice gain. > > Aloha, > > Mike Gibbons > > > -----Original Message----- > From: owner-canslim@lists.xmission.com > [mailto:owner-canslim@lists.xmission.com]On Behalf Of Spencer48@aol.com > Sent: Friday, January 25, 2002 7:56 AM > To: canslim@lists.xmission.com > Subject: Re: [CANSLIM] DFXI vs. JEC--Faulty handle? > > > Katherine: > > To me DFXI does not look even like a nice Cup (much less a cup with a > zig/zag handle. However, I realize analyzing is all in perspective (like > beauty, it's in the eye of the beholder, I guess). Anyway, there was an on > point (at least I think so) article today in IBD. You might find it useful. > It concerns wide and loose bases: > > "Investor's Corner > Friday, January 25, 2002 > > Base Can Be Tight And Loose > BY MONIKA TJIA > > INVESTOR'S BUSINESS DAILY > > > Stocks form a variety of bases. Whether the base is a cup-with-handle or a > double-bottom, in most cases you'll find at least a week or two of wild > price > action. > > That's OK. After all, investors' emotions fuel stock movements. Fear drives > prices sharply down, and greed yanks them back up. > > But if you see this erratic buying and selling throughout the base, watch > out. An excessive number of dizzying price swings indicates institutions are > moving in and out with ease. For every eager buyer, count an anxious seller. > > An occasional shakeout is fine. But you want a base to also have at least > several weeks of tight, quiet price action. This indicates solid support > throughout a base. > > Tight action means small price gaps from a stock's weekly high to its weekly > low. Often you'll see a stock close the week virtually unchanged for several > weeks in a row. This implies a lack of speculators and a load of steady > long-term shareholders. > > >From its October 1998 low to its April 16, 1999, high, Techne (TECH) ran up > 150%. At its April peak (see point 1 in accompanying image), the > fast-growing > maker of cytokine test kits used to find new drugs formed a new base, > correcting 24% from its high. > > As Techne formed its cup-with-handle base, it moved up and down in tiny > steps. At the end of each week in May, the stock finished very close to its > prior weekly close (point 2). > > In the week ended May 21, the stock swung as much as 12%. But it had a > positive reversal. For the week, it finished up 0.13 point vs. the prior > week > (point 3). This price action is exactly what you want to see, because > institutions raced in to support the stock. > > As Techne etched the right side of its base, the weekly spreads grew wider. > But weeks of quiet action far outnumbered its weeks of wild price swings. > > On Aug. 25, 1999, Techne broke out of its 19-week base on triple average > trade (point 4). > > After breaking out, Techne moved sideways for a few weeks. It held above its > 50-day moving average. When the market finally took off in late October, so > did Techne. > > >From its breakout to its July 2000 peak, Techne gained 416%. It then began > to > carve a new three-month base. But in terms of complexion, this one was the > exact opposite of its previous base. > > Instead of making slight price moves, it made extreme ones virtually every > week. The price swings ranged as much as 26%. Techne failed to finish its > base. It's now 56% off its all-time high." > > jans > > > > In a message dated 1/25/2002 9:30:10 AM Eastern Standard Time, > kmalm@earthlink.net writes: > > << Hi stockoper8or, > > When I wrote my note mid-day, DFXI had a tail. Looks like it ended midrange > after dropping a bit more after my note. Interesting action. I suspect in a > stronger market it would have been up and out of here by now. I wonder if > the > zig zag handle that started it all was a sign of market iffiness or a sign > of > stock iffiness. Just one for the "I wonder" pile of thoughts! > >> > > - > -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. ------=_NextPart_001_002D_01C1A5C0.AE3E31E0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Source: The writings of WON, IBD (Investors = Corner) and=20 Investors.com. These sources are sometimes (often?) at variance, but the = best=20 consensus we could arrive at is shown in the = diagram.
 
As for=20 the depth, I think it's fair to say that 9/11 was an extraordinary shock = to the=20 market which pushed many stocks lower than they would have been if 9/11 = had not=20 happened, so some leeway is appropriate.
 
Aloha,
 
Mike Gibbons
Proactive Technologies, = LLC
http://www.proactech.com
-----Original Message-----
From:=20 owner-canslim@lists.xmission.com=20 [mailto:owner-canslim@lists.xmission.com]On Behalf Of Tom=20 Worley
Sent: Friday, January 25, 2002 4:29 PM
To:=20 canslim@lists.xmission.com
Subject: Re: [CANSLIM] DFXI vs.=20 JEC--Faulty handle?

Mike, Dan,
 
Mike: nice diagram, what is the source of the=20 unpublished research?
 
Dan: WON says in HTMMIS that the time = duration, contrary=20 to the diagram below, is 7 to 65 weeks. On depth, WON says "The = usual=20 percentage correction from the absolute peak to the low point of the = price=20 pattern varies from 12 or 15% to 33%". (the italics are O'Neil's). He = then=20 goes on to say "A very few volatile leaders can plunge as much as = 40 or=20 50% in a bull market. = Base=20 patterns correcting over this=20 amount while in bull markets have a higher failure = rate if=20 they attempt to make new price highs and resume their advance." (bold = emphasis=20 mine) This is from Chapter 14, How to Read Charts, page 152 First=20 edition.
 
He also says "Coming out of a major bear = market, some=20 patterns that have decreased 50 to 60% or more can succeed. The = percent=20 decline is, in these cases, a function of the severity of the bear = market and=20 the extent of the stock's prior price runup."
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Mike Gibbons
To: canslim@lists.xmission.com =
Sent: Friday, January 25, = 2002 8:46=20 PM
Subject: RE: [CANSLIM] DFXI = vs.=20 JEC--Faulty handle?

> Is a cup's depth supposed to be no deeper = than=20 35%??

Actually, 33% = is the=20 Max.

From some recent (as yet) unpublished=20 research....

3D""


Aloha,

Mike=20 Gibbons
Proactive Technologies, LLC
http://www.proactech.com


-----Original=20 Message-----
From: owner-canslim@lists.xmis= sion.com
[mailto:owner-canslim@lis= ts.xmission.com]On=20 Behalf Of Dan Forant
Sent: Friday, January 25, 2002 3:06 = PM
To:=20 canslim@lists.xmission.com
Subject: Re: [CANSLIM] DFXI vs. = JEC--Faulty=20 handle?


Is a cup's depth supposed to be no deeper than=20 35%??

DanF

----- Original Message -----
From: "Mike = Gibbons" <mikegibbons@proactech.com>
To:=20 <canslim@lists.xmission.com>
Sent: Friday, January 25, 2002 = 1:25=20 PM
Subject: RE: [CANSLIM] DFXI vs. JEC--Faulty = handle?


> I=20 was a little critical of DFXI's handle when Dave brought it to = our
>=20 attention on 1/8, but appropriately contrite when it surged the=20 following
> day.
>
> For an example of a more = classic cwh=20 chart, have a look at JBHT. This
stock
> has shown 4 stages = now of=20 advancing on high volume and then pulling back
on
> = reducing volume=20 before surging again. It may be forming another cup
> = yesterday and=20 today. (yesterday's reversal was a bit disconcerting = but
there
> is=20 a subtlety in this kind of a reversal that diminishes its=20 significance:
> If you think of yesterday and the breakout day = before=20 as one long day,
i.e.
> put the two days atop each other, = then the=20 stock closed in the top third
of
> its (2-day)range on = massive=20 volume.  That is positive.  And all of
> yesterday's = volume=20 was above the prior high.  That was also positive.  = So
>=20 although technically yesterday was a reversal, it was not a sell=20 signal.
>
> We had this on our "low" handle list (based = on=20 Weinstein) when it formed
> it's first cup in November and it=20 reappeared on our lists at each
subsequent
> cup formation. = The=20 fundamentals were never sufficiently strong to make it
a
> = CANSLIM=20 stock but as an example of a cup and handle, I think it's a = good
>=20 one. I'm pleased to be holding it for a nice gain.
>
>=20 Aloha,
>
> Mike Gibbons
>
>
> = -----Original=20 Message-----
> From: owner-canslim@lists.xmission.com
> = [mailto:owner-canslim@lis= ts.xmission.com]On=20 Behalf Of Spencer48@aol.com
> Sent: Friday, January 25, 2002 = 7:56=20 AM
> To: canslim@lists.xmission.com
> Subject: Re: = [CANSLIM]=20 DFXI vs. JEC--Faulty handle?
>
>
>=20 Katherine:
>
>      To me DFXI = does not=20 look even like a nice Cup (much less a cup with a
> zig/zag=20 handle.  However, I realize analyzing is all in perspective=20 (like
> beauty, it's in the eye of the beholder, I = guess). =20 Anyway, there was an
on
> point (at least I think so) = article today=20 in IBD.  You might find it
useful.
> It concerns wide = and=20 loose bases:
>
> "Investor's Corner
> Friday, = January 25,=20 2002
>
> Base Can Be Tight And Loose
> BY MONIKA=20 TJIA
>
> INVESTOR'S BUSINESS = DAILY
>
>
>=20 Stocks form a variety of bases. Whether the base is a = cup-with-handle or=20 a
> double-bottom, in most cases you'll find at least a week = or two of=20 wild
> price
> action.
>
> That's OK. After = all,=20 investors' emotions fuel stock movements. Fear
drives
> = prices=20 sharply down, and greed yanks them back up.
>
> But if = you see=20 this erratic buying and selling throughout the base, watch
> = out. An=20 excessive number of dizzying price swings indicates=20 institutions
are
> moving in and out with ease. For every = eager=20 buyer, count an anxious
seller.
>
> An occasional = shakeout is=20 fine. But you want a base to also have at least
> several = weeks of=20 tight, quiet price action. This indicates solid support
> = throughout a=20 base.
>
> Tight action means small price gaps from a = stock's=20 weekly high to its
weekly
> low. Often you'll see a stock = close the=20 week virtually unchanged for
several
> weeks in a row. This = implies=20 a lack of speculators and a load of steady
> long-term=20 shareholders.
>
> >From its October 1998 low to its = April 16,=20 1999, high, Techne (TECH) ran
up
> 150%. At its April peak = (see=20 point 1 in accompanying image), the
> fast-growing
> = maker of=20 cytokine test kits used to find new drugs formed a new base,
> = correcting 24% from its high.
>
> As Techne formed its=20 cup-with-handle base, it moved up and down in tiny
> steps. At = the end=20 of each week in May, the stock finished very close to
its
> = prior=20 weekly close (point 2).
>
> In the week ended May 21, = the stock=20 swung as much as 12%. But it had a
> positive reversal. For = the week,=20 it finished up 0.13 point vs. the prior
> week
> (point = 3). This=20 price action is exactly what you want to see, because
> = institutions=20 raced in to support the stock.
>
> As Techne etched the = right=20 side of its base, the weekly spreads grew
wider.
> But = weeks of=20 quiet action far outnumbered its weeks of wild price = swings.
>
>=20 On Aug. 25, 1999, Techne broke out of its 19-week base on triple=20 average
> trade (point 4).
>
> After breaking out, = Techne=20 moved sideways for a few weeks. It held above
its
> 50-day = moving=20 average. When the market finally took off in late = October,
so
> did=20 Techne.
>
> >From its breakout to its July 2000 peak, = Techne=20 gained 416%. It then
began
> to
> carve a new = three-month=20 base. But in terms of complexion, this one was the
> exact = opposite of=20 its previous base.
>
> Instead of making slight price = moves, it=20 made extreme ones virtually every
> week. The price swings = ranged as=20 much as 26%. Techne failed to finish its
> base. It's now 56% = off its=20 all-time high."
>
> jans
>
>
>
> = In a=20 message dated 1/25/2002 9:30:10 AM Eastern Standard Time,
>=20 kmalm@earthlink.net writes:
>
> << Hi=20 stockoper8or,
>
>  When I wrote my note mid-day, = DFXI had a=20 tail. Looks like it ended
midrange
> after dropping a bit = more=20 after my note. Interesting action. I suspect in
a
> = stronger market=20 it would have been up and out of here by now. I wonder if
>=20 the
> zig zag handle that started it all was a sign of market = iffiness=20 or a sign
> of
> stock iffiness. Just one for the "I = wonder"=20 pile of thoughts!
>   >>
>
> = -
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> -In = the email=20 body, write "subscribe canslim" or
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>
>
> -
> -To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
> -In = the email=20 body, write "subscribe canslim" or
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>


-
-To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
-In the = email body,=20 write "subscribe canslim" or
-"unsubscribe canslim".  Do not = use=20 quotes in your email. =

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"majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Vanchee1@aol.com Subject: [CANSLIM] good, bad, ugly Date: 26 Jan 2002 01:08:35 EST --part1_85.167946ad.2983a1e3_boundary Content-Type: text/plain; charset="US-ASCII" Content-Transfer-Encoding: 7bit Well, canslimers, as you know I sometimes post my holding so others can see what one investor is putting their money on. Some are good, a couple bad and maybe one just down right ugly. Not all are canslim, but a couple I did find thanks to this group. GISX 99/97 ABA, I like the chart and fundies here. (good) ASW 99/1 DAE, chart speaks for its self. A massive drop from 50 to 5 in a few months. Only bright spot is a PE of 1.5 but if trading is halted it doesn't matter. Company could be in trouble, yet to be seen. (UGLY) JJSF 94/81 A, I like the chart. (good) ALGI 91/97 A, real thin, good fundies, chart not so good (bad) RAH 88/78 BBA, good fundies, nice chart. (good) STW 82/97 BCB, good fundies, need to get above 50 DMA (?) GFF 82/94 CCA, from this board I believe. (good) KRSL 82/95, good fundies, next earnings will tell the story here. (good) ELTE 80/95 ACB, also from this board, (good) DVA 80/80 BCB, good fudies, nice chart (good) Have a good one all, Chris --part1_85.167946ad.2983a1e3_boundary Content-Type: text/html; charset="US-ASCII" Content-Transfer-Encoding: 7bit Well, canslimers, as you know I sometimes post my holding so others can see what one investor is putting their money on. Some are good, a couple bad and maybe one just down right ugly. Not all are canslim, but a couple I did find thanks to this group.

GISX 99/97 ABA, I like the chart and fundies here. (good)

ASW 99/1 DAE, chart speaks for its self. A massive drop from 50 to 5 in a few months. Only bright spot is a PE of 1.5 but if trading is halted it doesn't matter. Company could be in trouble, yet to be seen. (UGLY)

JJSF 94/81 A, I like the chart. (good)

ALGI 91/97 A, real thin, good fundies, chart not so good (bad)

RAH 88/78 BBA, good fundies, nice chart. (good)

STW 82/97 BCB, good fundies, need to get above 50 DMA (?)

GFF 82/94 CCA, from this board I believe. (good)

KRSL 82/95, good fundies, next earnings will tell the story here. (good)

ELTE 80/95 ACB, also from this board, (good)

DVA 80/80 BCB, good fudies, nice chart (good)

Have a good one all,

Chris --part1_85.167946ad.2983a1e3_boundary-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Dan Forant" Subject: Re: [CANSLIM] DFXI vs. JEC--Faulty handle? Date: 26 Jan 2002 06:55:31 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_0020_01C1A636.72A44EA0 Content-Type: multipart/alternative; boundary="----=_NextPart_001_0021_01C1A636.72A44EA0" ------=_NextPart_001_0021_01C1A636.72A44EA0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hey, nice graphic. Will hold onto this one. I did read somewhere where a = 50% deep cup coming out of a bad bear run is acceptable.=20 DanF=20 ----- Original Message -----=20 From: Mike Gibbons=20 To: canslim@lists.xmission.com=20 Sent: Friday, January 25, 2002 8:46 PM Subject: RE: [CANSLIM] DFXI vs. JEC--Faulty handle? > Is a cup's depth supposed to be no deeper than 35%?? Actually, 33% is the Max. From some recent (as yet) unpublished research.... Aloha, Mike Gibbons Proactive Technologies, LLC http://www.proactech.com -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Dan Forant Sent: Friday, January 25, 2002 3:06 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] DFXI vs. JEC--Faulty handle? Is a cup's depth supposed to be no deeper than 35%?? DanF ----- Original Message ----- From: "Mike Gibbons" To: Sent: Friday, January 25, 2002 1:25 PM Subject: RE: [CANSLIM] DFXI vs. JEC--Faulty handle? > I was a little critical of DFXI's handle when Dave brought it to our > attention on 1/8, but appropriately contrite when it surged the = following > day. > > For an example of a more classic cwh chart, have a look at JBHT. = This stock > has shown 4 stages now of advancing on high volume and then pulling = back on > reducing volume before surging again. It may be forming another cup > yesterday and today. (yesterday's reversal was a bit disconcerting = but there > is a subtlety in this kind of a reversal that diminishes its = significance: > If you think of yesterday and the breakout day before as one long = day, i.e. > put the two days atop each other, then the stock closed in the top = third of > its (2-day)range on massive volume. That is positive. And all of > yesterday's volume was above the prior high. That was also = positive. So > although technically yesterday was a reversal, it was not a sell = signal. > > We had this on our "low" handle list (based on Weinstein) when it = formed > it's first cup in November and it reappeared on our lists at each subsequent > cup formation. The fundamentals were never sufficiently strong to = make it a > CANSLIM stock but as an example of a cup and handle, I think it's a = good > one. I'm pleased to be holding it for a nice gain. > > Aloha, > > Mike Gibbons > > > -----Original Message----- > From: owner-canslim@lists.xmission.com > [mailto:owner-canslim@lists.xmission.com]On Behalf Of = Spencer48@aol.com > Sent: Friday, January 25, 2002 7:56 AM > To: canslim@lists.xmission.com > Subject: Re: [CANSLIM] DFXI vs. JEC--Faulty handle? > > > Katherine: > > To me DFXI does not look even like a nice Cup (much less a cup = with a > zig/zag handle. However, I realize analyzing is all in perspective = (like > beauty, it's in the eye of the beholder, I guess). Anyway, there = was an on > point (at least I think so) article today in IBD. You might find it useful. > It concerns wide and loose bases: > > "Investor's Corner > Friday, January 25, 2002 > > Base Can Be Tight And Loose > BY MONIKA TJIA > > INVESTOR'S BUSINESS DAILY > > > Stocks form a variety of bases. Whether the base is a = cup-with-handle or a > double-bottom, in most cases you'll find at least a week or two of = wild > price > action. > > That's OK. After all, investors' emotions fuel stock movements. Fear drives > prices sharply down, and greed yanks them back up. > > But if you see this erratic buying and selling throughout the base, = watch > out. An excessive number of dizzying price swings indicates = institutions are > moving in and out with ease. For every eager buyer, count an anxious seller. > > An occasional shakeout is fine. But you want a base to also have at = least > several weeks of tight, quiet price action. This indicates solid = support > throughout a base. > > Tight action means small price gaps from a stock's weekly high to = its weekly > low. Often you'll see a stock close the week virtually unchanged for several > weeks in a row. This implies a lack of speculators and a load of = steady > long-term shareholders. > > >From its October 1998 low to its April 16, 1999, high, Techne = (TECH) ran up > 150%. At its April peak (see point 1 in accompanying image), the > fast-growing > maker of cytokine test kits used to find new drugs formed a new = base, > correcting 24% from its high. > > As Techne formed its cup-with-handle base, it moved up and down in = tiny > steps. At the end of each week in May, the stock finished very close = to its > prior weekly close (point 2). > > In the week ended May 21, the stock swung as much as 12%. But it had = a > positive reversal. For the week, it finished up 0.13 point vs. the = prior > week > (point 3). This price action is exactly what you want to see, = because > institutions raced in to support the stock. > > As Techne etched the right side of its base, the weekly spreads grew wider. > But weeks of quiet action far outnumbered its weeks of wild price = swings. > > On Aug. 25, 1999, Techne broke out of its 19-week base on triple = average > trade (point 4). > > After breaking out, Techne moved sideways for a few weeks. It held = above its > 50-day moving average. When the market finally took off in late = October, so > did Techne. > > >From its breakout to its July 2000 peak, Techne gained 416%. It = then began > to > carve a new three-month base. But in terms of complexion, this one = was the > exact opposite of its previous base. > > Instead of making slight price moves, it made extreme ones virtually = every > week. The price swings ranged as much as 26%. Techne failed to = finish its > base. It's now 56% off its all-time high." > > jans > > > > In a message dated 1/25/2002 9:30:10 AM Eastern Standard Time, > kmalm@earthlink.net writes: > > << Hi stockoper8or, > > When I wrote my note mid-day, DFXI had a tail. Looks like it ended midrange > after dropping a bit more after my note. Interesting action. I = suspect in a > stronger market it would have been up and out of here by now. I = wonder if > the > zig zag handle that started it all was a sign of market iffiness or = a sign > of > stock iffiness. Just one for the "I wonder" pile of thoughts! > >> > > - > -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.=20 ------=_NextPart_001_0021_01C1A636.72A44EA0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Hey, nice graphic. Will hold onto this = one. I did=20 read somewhere where a 50% deep cup coming out of a bad bear run is = acceptable.
 
DanF 
----- Original Message -----
From:=20 Mike Gibbons
Sent: Friday, January 25, 2002 = 8:46=20 PM
Subject: RE: [CANSLIM] DFXI vs. = JEC--Faulty handle?

> Is a cup's depth supposed to be no deeper than=20 35%??

Actually, 33% is = the=20 Max.

From some recent (as yet) unpublished=20 research....

3D""


Aloha,

Mike Gibbons
Proactive = Technologies,=20 LLC
http://www.proactech.com


-----Original=20 Message-----
From: owner-canslim@lists.xmis= sion.com
[mailto:owner-canslim@lis= ts.xmission.com]On=20 Behalf Of Dan Forant
Sent: Friday, January 25, 2002 3:06 PM
To:=20 canslim@lists.xmission.com
Subject: Re: [CANSLIM] DFXI vs. = JEC--Faulty=20 handle?


Is a cup's depth supposed to be no deeper than=20 35%??

DanF

----- Original Message -----
From: "Mike = Gibbons"=20 <mikegibbons@proactech.com>
To:=20 <canslim@lists.xmission.com>
Sent: Friday, January 25, 2002 = 1:25=20 PM
Subject: RE: [CANSLIM] DFXI vs. JEC--Faulty = handle?


> I=20 was a little critical of DFXI's handle when Dave brought it to = our
>=20 attention on 1/8, but appropriately contrite when it surged the=20 following
> day.
>
> For an example of a more = classic cwh=20 chart, have a look at JBHT. This
stock
> has shown 4 stages = now of=20 advancing on high volume and then pulling back
on
> reducing = volume=20 before surging again. It may be forming another cup
> yesterday = and=20 today. (yesterday's reversal was a bit disconcerting = but
there
> is a=20 subtlety in this kind of a reversal that diminishes its = significance:
>=20 If you think of yesterday and the breakout day before as one long=20 day,
i.e.
> put the two days atop each other, then the stock = closed=20 in the top third
of
> its (2-day)range on massive = volume.  That=20 is positive.  And all of
> yesterday's volume was above the = prior=20 high.  That was also positive.  So
> although = technically=20 yesterday was a reversal, it was not a sell signal.
>
> We = had=20 this on our "low" handle list (based on Weinstein) when it = formed
> it's=20 first cup in November and it reappeared on our lists at=20 each
subsequent
> cup formation. The fundamentals were never=20 sufficiently strong to make it
a
> CANSLIM stock but as an = example of=20 a cup and handle, I think it's a good
> one. I'm pleased to be = holding=20 it for a nice gain.
>
> Aloha,
>
> Mike=20 Gibbons
>
>
> -----Original Message-----
> = owner-canslim@lists.xmission.com
> [mailto:owner-canslim@lis= ts.xmission.com]On=20 Behalf Of Spencer48@aol.com
> Sent: Friday, January 25, 2002 = 7:56=20 AM
> To: canslim@lists.xmission.com
> Subject: Re: = [CANSLIM] DFXI=20 vs. JEC--Faulty handle?
>
>
>=20 Katherine:
>
>      To me DFXI = does not=20 look even like a nice Cup (much less a cup with a
> zig/zag=20 handle.  However, I realize analyzing is all in perspective = (like
>=20 beauty, it's in the eye of the beholder, I guess).  Anyway, there = was=20 an
on
> point (at least I think so) article today in = IBD.  You=20 might find it
useful.
> It concerns wide and loose=20 bases:
>
> "Investor's Corner
> Friday, January 25,=20 2002
>
> Base Can Be Tight And Loose
> BY MONIKA=20 TJIA
>
> INVESTOR'S BUSINESS DAILY
>
>
> = Stocks=20 form a variety of bases. Whether the base is a cup-with-handle or = a
>=20 double-bottom, in most cases you'll find at least a week or two of=20 wild
> price
> action.
>
> That's OK. After = all,=20 investors' emotions fuel stock movements. Fear
drives
> = prices=20 sharply down, and greed yanks them back up.
>
> But if you = see=20 this erratic buying and selling throughout the base, watch
> = out. An=20 excessive number of dizzying price swings indicates=20 institutions
are
> moving in and out with ease. For every = eager=20 buyer, count an anxious
seller.
>
> An occasional = shakeout is=20 fine. But you want a base to also have at least
> several weeks = of=20 tight, quiet price action. This indicates solid support
> = throughout a=20 base.
>
> Tight action means small price gaps from a = stock's=20 weekly high to its
weekly
> low. Often you'll see a stock = close the=20 week virtually unchanged for
several
> weeks in a row. This = implies a=20 lack of speculators and a load of steady
> long-term=20 shareholders.
>
> >From its October 1998 low to its = April 16,=20 1999, high, Techne (TECH) ran
up
> 150%. At its April peak = (see point=20 1 in accompanying image), the
> fast-growing
> maker of = cytokine=20 test kits used to find new drugs formed a new base,
> correcting = 24%=20 from its high.
>
> As Techne formed its cup-with-handle = base, it=20 moved up and down in tiny
> steps. At the end of each week in = May, the=20 stock finished very close to
its
> prior weekly close (point=20 2).
>
> In the week ended May 21, the stock swung as much = as 12%.=20 But it had a
> positive reversal. For the week, it finished up = 0.13=20 point vs. the prior
> week
> (point 3). This price action = is=20 exactly what you want to see, because
> institutions raced in to = support=20 the stock.
>
> As Techne etched the right side of its = base, the=20 weekly spreads grew
wider.
> But weeks of quiet action far=20 outnumbered its weeks of wild price swings.
>
> On Aug. = 25, 1999,=20 Techne broke out of its 19-week base on triple average
> trade = (point=20 4).
>
> After breaking out, Techne moved sideways for a = few weeks.=20 It held above
its
> 50-day moving average. When the market = finally=20 took off in late October,
so
> did Techne.
>
> = >From=20 its breakout to its July 2000 peak, Techne gained 416%. It=20 then
began
> to
> carve a new three-month base. But in = terms of=20 complexion, this one was the
> exact opposite of its previous=20 base.
>
> Instead of making slight price moves, it made = extreme=20 ones virtually every
> week. The price swings ranged as much as = 26%.=20 Techne failed to finish its
> base. It's now 56% off its = all-time=20 high."
>
> jans
>
>
>
> In a = message dated=20 1/25/2002 9:30:10 AM Eastern Standard Time,
> = kmalm@earthlink.net=20 writes:
>
> << Hi = stockoper8or,
>
>  When I=20 wrote my note mid-day, DFXI had a tail. Looks like it=20 ended
midrange
> after dropping a bit more after my note. = Interesting=20 action. I suspect in
a
> stronger market it would have been = up and=20 out of here by now. I wonder if
> the
> zig zag handle = that=20 started it all was a sign of market iffiness or a sign
> = of
>=20 stock iffiness. Just one for the "I wonder" pile of=20 thoughts!
>   >>
>
> -
> -To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
> -In the = email=20 body, write "subscribe canslim" or
> -"unsubscribe = canslim".  Do=20 not use quotes in your email.
>
>
> -
> -To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
> -In the = email=20 body, write "subscribe canslim" or
> -"unsubscribe = canslim".  Do=20 not use quotes in your email.
>


-
-To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
-In the email = body,=20 write "subscribe canslim" or
-"unsubscribe canslim".  Do not = use=20 quotes in your email.

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"majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: AW: [CANSLIM] DFXI vs. JEC--Faulty handle? Date: 26 Jan 2002 13:19:10 +0100 The cup deep is a function of the bear market ... somewhere in HTMMIS > -----Ursprungliche Nachricht----- > Von: Dan Forant [SMTP:dforant1@nycap.rr.com] > Gesendet am: Saturday, January 26, 2002 12:56 PM > An: canslim@lists.xmission.com > Betreff: Re: [CANSLIM] DFXI vs. JEC--Faulty handle? > > Hey, nice graphic. Will hold onto this one. I did read somewhere where a 50% deep cup coming out of a bad bear run is acceptable. > > DanF > ----- Original Message ----- > From: Mike Gibbons > To: canslim@lists.xmission.com > Sent: Friday, January 25, 2002 8:46 PM > Subject: RE: [CANSLIM] DFXI vs. JEC--Faulty handle? > > > > Is a cup's depth supposed to be no deeper than 35%?? > > Actually, 33% is the Max. > > From some recent (as yet) unpublished research.... > > > > > > Aloha, > > Mike Gibbons > Proactive Technologies, LLC > http://www.proactech.com > > > -----Original Message----- > From: owner-canslim@lists.xmission.com > [mailto:owner-canslim@lists.xmission.com]On Behalf Of Dan Forant > Sent: Friday, January 25, 2002 3:06 PM > To: canslim@lists.xmission.com > Subject: Re: [CANSLIM] DFXI vs. JEC--Faulty handle? > > > Is a cup's depth supposed to be no deeper than 35%?? > > DanF > > ----- Original Message ----- > From: "Mike Gibbons" > To: > Sent: Friday, January 25, 2002 1:25 PM > Subject: RE: [CANSLIM] DFXI vs. JEC--Faulty handle? > > > > I was a little critical of DFXI's handle when Dave brought it to our > > attention on 1/8, but appropriately contrite when it surged the following > > day. > > > > For an example of a more classic cwh chart, have a look at JBHT. This > stock > > has shown 4 stages now of advancing on high volume and then pulling back > on > > reducing volume before surging again. It may be forming another cup > > yesterday and today. (yesterday's reversal was a bit disconcerting but > there > > is a subtlety in this kind of a reversal that diminishes its significance: > > If you think of yesterday and the breakout day before as one long day, > i.e. > > put the two days atop each other, then the stock closed in the top third > of > > its (2-day)range on massive volume. That is positive. And all of > > yesterday's volume was above the prior high. That was also positive. So > > although technically yesterday was a reversal, it was not a sell signal. > > > > We had this on our "low" handle list (based on Weinstein) when it formed > > it's first cup in November and it reappeared on our lists at each > subsequent > > cup formation. The fundamentals were never sufficiently strong to make it > a > > CANSLIM stock but as an example of a cup and handle, I think it's a good > > one. I'm pleased to be holding it for a nice gain. > > > > Aloha, > > > > Mike Gibbons > > > > > > -----Original Message----- > > From: owner-canslim@lists.xmission.com > > [mailto:owner-canslim@lists.xmission.com]On Behalf Of Spencer48@aol.com > > Sent: Friday, January 25, 2002 7:56 AM > > To: canslim@lists.xmission.com > > Subject: Re: [CANSLIM] DFXI vs. JEC--Faulty handle? > > > > > > Katherine: > > > > To me DFXI does not look even like a nice Cup (much less a cup with a > > zig/zag handle. However, I realize analyzing is all in perspective (like > > beauty, it's in the eye of the beholder, I guess). Anyway, there was an > on > > point (at least I think so) article today in IBD. You might find it > useful. > > It concerns wide and loose bases: > > > > "Investor's Corner > > Friday, January 25, 2002 > > > > Base Can Be Tight And Loose > > BY MONIKA TJIA > > > > INVESTOR'S BUSINESS DAILY > > > > > > Stocks form a variety of bases. Whether the base is a cup-with-handle or a > > double-bottom, in most cases you'll find at least a week or two of wild > > price > > action. > > > > That's OK. After all, investors' emotions fuel stock movements. Fear > drives > > prices sharply down, and greed yanks them back up. > > > > But if you see this erratic buying and selling throughout the base, watch > > out. An excessive number of dizzying price swings indicates institutions > are > > moving in and out with ease. For every eager buyer, count an anxious > seller. > > > > An occasional shakeout is fine. But you want a base to also have at least > > several weeks of tight, quiet price action. This indicates solid support > > throughout a base. > > > > Tight action means small price gaps from a stock's weekly high to its > weekly > > low. Often you'll see a stock close the week virtually unchanged for > several > > weeks in a row. This implies a lack of speculators and a load of steady > > long-term shareholders. > > > > >From its October 1998 low to its April 16, 1999, high, Techne (TECH) ran > up > > 150%. At its April peak (see point 1 in accompanying image), the > > fast-growing > > maker of cytokine test kits used to find new drugs formed a new base, > > correcting 24% from its high. > > > > As Techne formed its cup-with-handle base, it moved up and down in tiny > > steps. At the end of each week in May, the stock finished very close to > its > > prior weekly close (point 2). > > > > In the week ended May 21, the stock swung as much as 12%. But it had a > > positive reversal. For the week, it finished up 0.13 point vs. the prior > > week > > (point 3). This price action is exactly what you want to see, because > > institutions raced in to support the stock. > > > > As Techne etched the right side of its base, the weekly spreads grew > wider. > > But weeks of quiet action far outnumbered its weeks of wild price swings. > > > > On Aug. 25, 1999, Techne broke out of its 19-week base on triple average > > trade (point 4). > > > > After breaking out, Techne moved sideways for a few weeks. It held above > its > > 50-day moving average. When the market finally took off in late October, > so > > did Techne. > > > > >From its breakout to its July 2000 peak, Techne gained 416%. It then > began > > to > > carve a new three-month base. But in terms of complexion, this one was the > > exact opposite of its previous base. > > > > Instead of making slight price moves, it made extreme ones virtually every > > week. The price swings ranged as much as 26%. Techne failed to finish its > > base. It's now 56% off its all-time high." > > > > jans > > > > > > > > In a message dated 1/25/2002 9:30:10 AM Eastern Standard Time, > > kmalm@earthlink.net writes: > > > > << Hi stockoper8or, > > > > When I wrote my note mid-day, DFXI had a tail. Looks like it ended > midrange > > after dropping a bit more after my note. Interesting action. I suspect in > a > > stronger market it would have been up and out of here by now. I wonder if > > the > > zig zag handle that started it all was a sign of market iffiness or a sign > > of > > stock iffiness. Just one for the "I wonder" pile of thoughts! > > >> > > > > - > > -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. > > << Datei: ATT00005.htm >> << Datei: cwh_WON.gif >> - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: [CANSLIM] Worley's Weekend Weeview Date: 26 Jan 2002 09:23:13 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_0050_01C1A64B.144EA160 Content-Type: multipart/alternative; boundary="----=_NextPart_001_0051_01C1A64B.144EA160" ------=_NextPart_001_0051_01C1A64B.144EA160 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable LEAVE IT TO THE JAPANESE A Japanese toymaker (Takara Co. Ltd.) intends to begin building electric = cars. Not toys, real cars, that can be driven on the highway. They also = make karaoke systems, robots that open beer cans, and remote operated = cars for young adults. ------- LEADING INDICATORS Latest report (for Dec) shows 8 of the 10 components rising, overall = rate up 1.2%. This is the third monthly improvement (largest since = 1996), and combined with the 0.8% gain in Nov, is the largest two month = gain since 1992. Best indication from this is no Fed rate cut Jan 30. = Since expectation of another 25 basis point cut is already priced into = the market, this could be bad, but likely more than offset by an upbeat = Greenspan. Mr. Greenspan address to Congress on Thursday did clarify, as = some rumors suggest his words on Jan 11 were taken as more bearish and = concerned about the economy than he intended. The coincident indicators, = BTW, which measure current economic activity, reversed to the positive = in December, up 0.1% after a drop of 0.3% in November. Still, I am now = expecting the Q4 GDP will end up being a negative number, confirming = that we had (note the past tense) a recession.=20 ------- UNEMPLOYMENT While expectations continue that the overall rate will rise to 6% or = higher, it is worth noting that new claims continue to fall, and this = week once again were below expectations. The 4 week average, a more = reliable indicator, also dipped nearly to 400,000, and continuing claims = dropped by 50,000.=20 ------- UPCOMING INFLUENCES This week is full of some major economic reports, plus the meeting of = FOMC on Tue/Wed. Monday we get new home sales (industry remains very = strong, saw a lot of good looking stocks today), Tuesday is Consumer = Confidence and Durable Goods reports, Wednesday we get the first reading = on the GDP for Q4, Thursday we get the Personal Income and Spending = Report, and Friday we get the Employment Report for January. ------- WORLEY'S WATCHLIST WANNABEES Although the markets didn't seem to do much this week, the population of = stocks I am reviewing this week is growing. New highs continue to = substantially exceed new lows, and up/down volume seemed to be higher as = well. As always, Bx is my shorthand for a flat line "B"ase of "x" weeks = duration, IMO. Any larger basing pattern I see, such as a cup & handle, = double bottom, LLUR, etc., I will state. BBY - c&h, handle 5+ weeks on declining volume BVN - c&h, handle 2 weeks, vol still high, Peruvian firm CEDC - LLUR CRFT - B6 DKWD - volatile LLUR DLX - amazingly smooth LLUR even tho forecasts not great ELTE - didn't quite break the pivot on Friday on 2X ADV EME - nice double bottom, low forecasts, handle trending slightly up on = low volume, 5 weeks EUNI - what a wild ride, can't read the chart, strong forecasts, low = price FCN - LLUR, broke out to the high side of range on volume FHRX - former LLUR that broke pattern to downside, may now be c&h = w/rough 5 week handle FMAR - high handle to the cup, low price and volume FRED - LLUR GFF - LLUR HCBK - smooth ascent, not sure how to read it but strong earnings = forecast and 3 div increases in 3 qtrs HOV - nice 5 week high handle on a smooth cup, low forecast and latest = qtr down slightly HTRN - high handle on nice cup, good forecast IART - high side of trading range, volume dropping, strong forecast MDCI - B4, well under high but good forecast NLY - B4 PENN - high handle forming? PETM - nice LLUR PFGC - c&h, started b/o Friday, nearly 2X ADV but not past pivot of = 36.35 POSS - B4 RGIS - B4 RYAN - LLUR SCVL - c&h, high handle 3 weeks STSA - c&h, new handle, selling vol above avg but price holding TASR - B2, EPS only 55 but earnings forecast 227% URBN - B5 WSH - tight B9 despite doing a secondary offering soon after the IPO WTSLA - B2 Happy Hunting, Tom Worley stkguru@netside.net AIM: TexWorley ------=_NextPart_001_0051_01C1A64B.144EA160 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
LEAVE IT TO THE = JAPANESE
A Japanese toymaker (Takara Co. Ltd.) intends to = begin=20 building electric cars. Not toys, real cars, that can be driven on the = highway.=20 They also make karaoke systems, robots that open beer cans, and remote = operated=20 cars for young adults.
LEADING INDICATORS
Latest report (for Dec) shows 8 of the 10 components rising, = overall rate=20 up 1.2%. This is the third monthly improvement (largest since 1996), and = combined with the 0.8% gain in Nov, is the largest two month gain since = 1992.=20 Best indication from this is no Fed rate cut Jan 30. Since expectation = of=20 another 25 basis point cut is already priced into the market, this could = be bad,=20 but likely more than offset by an upbeat Greenspan. Mr. Greenspan = address to=20 Congress on Thursday did clarify, as some rumors suggest his = words on=20 Jan 11 were taken as more bearish and concerned about the economy = than he=20 intended. The coincident indicators, BTW, which measure current economic = activity, reversed to the positive in December, up 0.1% after a drop of = 0.3% in=20 November. Still, I am now expecting the Q4 GDP will end up being a = negative=20 number, confirming that we had (note the past tense) a recession.=20
UNEMPLOYMENT
While expectations continue that the overall rate will rise to 6% = or=20 higher, it is worth noting that new claims continue to fall, and this = week once=20 again were below expectations. The 4 week average, a more reliable = indicator,=20 also dipped nearly to 400,000, and continuing claims dropped by 50,000. =
UPCOMING INFLUENCES
This week is full of some major economic reports, plus the meeting = of FOMC=20 on Tue/Wed. Monday we get new home sales (industry remains very strong, = saw a=20 lot of good looking stocks today), Tuesday is Consumer Confidence and = Durable=20 Goods reports, Wednesday we get the first reading on the GDP for Q4, = Thursday we=20 get the Personal Income and Spending Report, and Friday we get the = Employment=20 Report for January.
WORLEY'S WATCHLIST WANNABEES
Although the markets didn't seem to do much this week, the = population of=20 stocks I am reviewing this week is growing. New highs continue to = substantially=20 exceed new lows, and up/down volume seemed to be higher as well.
 
As always, Bx is my shorthand for a flat line "B"ase of "x" weeks = duration,=20 IMO. Any larger basing pattern I see, such as a cup & handle, double = bottom,=20 LLUR, etc., I will state.
 
BBY - c&h, handle 5+ weeks on declining volume
BVN - c&h, handle 2 weeks, vol still high, Peruvian firm
CEDC - LLUR
CRFT - B6
DKWD - volatile LLUR
DLX - amazingly smooth LLUR even tho forecasts not great
ELTE - didn't quite break the pivot on Friday on 2X ADV
EME - nice double bottom, low forecasts, handle trending slightly = up on low=20 volume, 5 weeks
EUNI - what a wild ride, can't read the chart, strong forecasts, = low=20 price
FCN - LLUR, broke out to the high side of range on volume
FHRX - former LLUR that broke pattern to downside, may now be = c&h=20 w/rough 5 week handle
FMAR - high handle to the cup, low price and volume
FRED - LLUR
GFF - LLUR
HCBK - smooth ascent, not sure how to read it but strong earnings = forecast=20 and 3 div increases in 3 qtrs
HOV - nice 5 week high handle on a smooth cup, low forecast and = latest qtr=20 down slightly
HTRN - high handle on nice cup, good forecast
IART - high side of trading range, volume dropping, strong = forecast
MDCI - B4, well under high but good forecast
NLY - B4
PENN - high handle forming?
PETM - nice LLUR
PFGC - c&h, started b/o Friday, nearly 2X ADV but not past = pivot of=20 36.35
POSS - B4
RGIS - B4
RYAN - LLUR
SCVL - c&h, high handle 3 weeks
STSA - c&h, new handle, selling vol above avg but price = holding
TASR - B2, EPS only 55 but earnings forecast 227%
URBN - B5
WSH - tight B9 despite doing a secondary offering soon after the = IPO
WTSLA - B2
 
Happy Hunting,
 
3D""
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
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Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Bert Pesak" Subject: Re: [CANSLIM] Worley's Weekend Weeview Date: 26 Jan 2002 14:55:45 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_0012_01C1A679.88984A20 Content-Type: multipart/alternative; boundary="----=_NextPart_001_0013_01C1A679.889ABB20" ------=_NextPart_001_0013_01C1A679.889ABB20 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hello All, I'm a new guy. =20 I have developed an interest in the Canslim process, as all the other = stock picking ideas I've tried haven't given me the results I've hoped = for. One thing I notice when reading the posts is you must spend a lot of = time doing your research. It appears to be a full time job.=20 The work that Tom Worley put in The Weekend Weeview must have taken many = hours of work. I would not mind putting in up to 2 hours a day, any more that would = interfere with my other projects. Is that enough time to find stocks = that will give me positive results. I've also noticed some very detailed posts as to the shape of various = graphs and the significance of the cup / handle / bottom, etc. Is that = kind of detail necessary or is it just fine tuning of the research? Any comments will help me make a decision whether to continue or begin = to look at Funds as an alternative to picking individual stocks. Are = there any funds that use the Canslim process? Thanks for your help. Bert Pesak bpesak@ct1.nai.net =20 ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Saturday, January 26, 2002 9:23 AM Subject: [CANSLIM] Worley's Weekend Weeview LEAVE IT TO THE JAPANESE A Japanese toymaker (Takara Co. Ltd.) intends to begin building = electric cars. Not toys, real cars, that can be driven on the highway. = They also make karaoke systems, robots that open beer cans, and remote = operated cars for young adults. ----- LEADING INDICATORS Latest report (for Dec) shows 8 of the 10 components rising, overall = rate up 1.2%. This is the third monthly improvement (largest since = 1996), and combined with the 0.8% gain in Nov, is the largest two month = gain since 1992. Best indication from this is no Fed rate cut Jan 30. = Since expectation of another 25 basis point cut is already priced into = the market, this could be bad, but likely more than offset by an upbeat = Greenspan. Mr. Greenspan address to Congress on Thursday did clarify, as = some rumors suggest his words on Jan 11 were taken as more bearish and = concerned about the economy than he intended. The coincident indicators, = BTW, which measure current economic activity, reversed to the positive = in December, up 0.1% after a drop of 0.3% in November. Still, I am now = expecting the Q4 GDP will end up being a negative number, confirming = that we had (note the past tense) a recession.=20 ----- UNEMPLOYMENT While expectations continue that the overall rate will rise to 6% or = higher, it is worth noting that new claims continue to fall, and this = week once again were below expectations. The 4 week average, a more = reliable indicator, also dipped nearly to 400,000, and continuing claims = dropped by 50,000.=20 ----- UPCOMING INFLUENCES This week is full of some major economic reports, plus the meeting of = FOMC on Tue/Wed. Monday we get new home sales (industry remains very = strong, saw a lot of good looking stocks today), Tuesday is Consumer = Confidence and Durable Goods reports, Wednesday we get the first reading = on the GDP for Q4, Thursday we get the Personal Income and Spending = Report, and Friday we get the Employment Report for January. ----- WORLEY'S WATCHLIST WANNABEES Although the markets didn't seem to do much this week, the population = of stocks I am reviewing this week is growing. New highs continue to = substantially exceed new lows, and up/down volume seemed to be higher as = well. As always, Bx is my shorthand for a flat line "B"ase of "x" weeks = duration, IMO. Any larger basing pattern I see, such as a cup & handle, = double bottom, LLUR, etc., I will state. BBY - c&h, handle 5+ weeks on declining volume BVN - c&h, handle 2 weeks, vol still high, Peruvian firm CEDC - LLUR CRFT - B6 DKWD - volatile LLUR DLX - amazingly smooth LLUR even tho forecasts not great ELTE - didn't quite break the pivot on Friday on 2X ADV EME - nice double bottom, low forecasts, handle trending slightly up = on low volume, 5 weeks EUNI - what a wild ride, can't read the chart, strong forecasts, low = price FCN - LLUR, broke out to the high side of range on volume FHRX - former LLUR that broke pattern to downside, may now be c&h = w/rough 5 week handle FMAR - high handle to the cup, low price and volume FRED - LLUR GFF - LLUR HCBK - smooth ascent, not sure how to read it but strong earnings = forecast and 3 div increases in 3 qtrs HOV - nice 5 week high handle on a smooth cup, low forecast and latest = qtr down slightly HTRN - high handle on nice cup, good forecast IART - high side of trading range, volume dropping, strong forecast MDCI - B4, well under high but good forecast NLY - B4 PENN - high handle forming? PETM - nice LLUR PFGC - c&h, started b/o Friday, nearly 2X ADV but not past pivot of = 36.35 POSS - B4 RGIS - B4 RYAN - LLUR SCVL - c&h, high handle 3 weeks STSA - c&h, new handle, selling vol above avg but price holding TASR - B2, EPS only 55 but earnings forecast 227% URBN - B5 WSH - tight B9 despite doing a secondary offering soon after the IPO WTSLA - B2 Happy Hunting, Tom Worley stkguru@netside.net AIM: TexWorley ------=_NextPart_001_0013_01C1A679.889ABB20 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Hello All,
 
I'm a new guy. 
 
I have developed an interest in the Canslim process, = as all=20 the other stock picking ideas I've tried haven't given me the results = I've hoped=20 for.
 
One thing I notice when reading the posts is you = must spend a=20 lot of time doing your research. It appears to be a full time job. =
 
The work that Tom Worley put in The Weekend Weeview = must have=20 taken many hours of work.
 
I would not mind putting in up to 2 hours a day, any = more that=20 would interfere with my other projects.  Is that enough time to = find stocks=20 that will give me positive results.
 
I've also noticed some very detailed posts as to the = shape of=20 various graphs and the significance of the cup / handle / bottom, = etc.  Is=20 that kind of detail necessary or is it just fine tuning of the=20 research?
 
Any comments will help me make a decision whether to = continue=20 or begin to look at Funds as an alternative to picking individual = stocks. =20 Are there any funds that use the Canslim process?
 
Thanks for your help.
Bert Pesak
 
bpesak@ct1.nai.net
 
 
 
----- Original Message -----
From:=20 Tom = Worley=20
Sent: Saturday, January 26, = 2002 9:23=20 AM
Subject: [CANSLIM] Worley's = Weekend=20 Weeview

LEAVE IT TO THE = JAPANESE
A Japanese toymaker (Takara Co. Ltd.) intends = to begin=20 building electric cars. Not toys, real cars, that can be driven on the = highway. They also make karaoke systems, robots that open beer cans, = and=20 remote operated cars for young adults.
LEADING INDICATORS
Latest report (for Dec) shows 8 of the 10 components rising, = overall rate=20 up 1.2%. This is the third monthly improvement (largest since 1996), = and=20 combined with the 0.8% gain in Nov, is the largest two month gain = since 1992.=20 Best indication from this is no Fed rate cut Jan 30. Since expectation = of=20 another 25 basis point cut is already priced into the market, this = could be=20 bad, but likely more than offset by an upbeat Greenspan. Mr. Greenspan = address=20 to Congress on Thursday did clarify, as some rumors suggest his=20 words on Jan 11 were taken as more bearish and concerned = about the=20 economy than he intended. The coincident indicators, BTW, which = measure=20 current economic activity, reversed to the positive in December, up = 0.1% after=20 a drop of 0.3% in November. Still, I am now expecting the Q4 GDP will = end up=20 being a negative number, confirming that we had (note the past tense) = a=20 recession.=20
UNEMPLOYMENT
While expectations continue that the overall rate will rise to 6% = or=20 higher, it is worth noting that new claims continue to fall, and this = week=20 once again were below expectations. The 4 week average, a more = reliable=20 indicator, also dipped nearly to 400,000, and continuing claims = dropped by=20 50,000.
UPCOMING INFLUENCES
This week is full of some major economic reports, plus the = meeting of=20 FOMC on Tue/Wed. Monday we get new home sales (industry remains very = strong,=20 saw a lot of good looking stocks today), Tuesday is Consumer = Confidence and=20 Durable Goods reports, Wednesday we get the first reading on the GDP = for Q4,=20 Thursday we get the Personal Income and Spending Report, and Friday we = get the=20 Employment Report for January.
WORLEY'S WATCHLIST WANNABEES
Although the markets didn't seem to do much this week, the = population of=20 stocks I am reviewing this week is growing. New highs continue to=20 substantially exceed new lows, and up/down volume seemed to be higher = as=20 well.
 
As always, Bx is my shorthand for a flat line "B"ase of "x" weeks = duration, IMO. Any larger basing pattern I see, such as a cup & = handle,=20 double bottom, LLUR, etc., I will state.
 
BBY - c&h, handle 5+ weeks on declining volume
BVN - c&h, handle 2 weeks, vol still high, Peruvian = firm
CEDC - LLUR
CRFT - B6
DKWD - volatile LLUR
DLX - amazingly smooth LLUR even tho forecasts not great
ELTE - didn't quite break the pivot on Friday on 2X ADV
EME - nice double bottom, low forecasts, handle trending slightly = up on=20 low volume, 5 weeks
EUNI - what a wild ride, can't read the chart, strong forecasts, = low=20 price
FCN - LLUR, broke out to the high side of range on volume
FHRX - former LLUR that broke pattern to downside, may now be = c&h=20 w/rough 5 week handle
FMAR - high handle to the cup, low price and volume
FRED - LLUR
GFF - LLUR
HCBK - smooth ascent, not sure how to read it but strong earnings = forecast and 3 div increases in 3 qtrs
HOV - nice 5 week high handle on a smooth cup, low forecast and = latest=20 qtr down slightly
HTRN - high handle on nice cup, good forecast
IART - high side of trading range, volume dropping, strong = forecast
MDCI - B4, well under high but good forecast
NLY - B4
PENN - high handle forming?
PETM - nice LLUR
PFGC - c&h, started b/o Friday, nearly 2X ADV but not past = pivot of=20 36.35
POSS - B4
RGIS - B4
RYAN - LLUR
SCVL - c&h, high handle 3 weeks
STSA - c&h, new handle, selling vol above avg but price = holding
TASR - B2, EPS only 55 but earnings forecast 227%
URBN - B5
WSH - tight B9 despite doing a secondary offering soon after the=20 IPO
WTSLA - B2
 
Happy Hunting,
 
3D""
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
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Do not use quotes in your email. ------------------------------------------------------------------------------- From: esetser Subject: Re: [CANSLIM] Worley's Weekend Weeview Date: 26 Jan 2002 13:05:52 -0800 The time required for CANSLIM varies significantly based on your specific approach and your tools, but overall, I think 2 hours per day is plenty. I use primarily Daily Graphs Online to perform initial screening on the weekend, and to go through the charts and generate a candidate list for the next week. Given something like 2-3 hours on the weekend, it takes me very little time during the week to monitor the list. In addition, I only generate the lists when I'm in the market for a new purchase, so I don't always go through the process each weekend. As far as chart details, this group is a great place to compare notes on various charts and see how others are interpreting various formations. I think it's only when you are close to a decision that you need to look at all the finer points of the chart. At least for me, I do a very quick chart review before placing it on a candidate list, but a much closer look when considering an imminent purchase. At 02:55 PM 1/26/02 -0500, you wrote: > Hello All, I have developed an interest in the Canslim process, >as all the other stock picking ideas I've tried haven't given me the >results I've hoped for. One thing I notice when reading the posts is you >must spend a lot of time doing your research. It appears to be a full time >job. The work that Tom Worley put in The Weekend Weeview must have >taken many hours of work. Is that enough time to find stocks that will >give me positive results. Is that kind of detail necessary or is it >just fine tuning of the research? Are there any funds that use the >Canslim process? Thanks for your help. Bert Pesak bpesak@ct1.nai.net > ----- Original Message ----- From: Tom Worley To: >canslim@lists.xmission.com Sent: Saturday, January 26, 2002 9:23 AM >Subject: [CANSLIM] Worley's Weekend Weeview > LEAVE IT TO THE JAPANESE A Japanese toymaker (Takara Co. Ltd.) intends >to begin building electric cars. Not toys, real cars, that can be driven >on the highway. They also make karaoke systems, robots that open beer >cans, and remote operated cars for young adults. > LEADING INDICATORS were taken as more bearish and concerned >about the economy than he intended. The coincident indicators, BTW, >which measure current economic activity, reversed to the positive in >December, up 0.1% after a drop of 0.3% in November. Still, I am now >expecting the Q4 GDP will end up being a negative number, confirming >that we had (note the past tense) a recession. > UNEMPLOYMENT While expectations continue that the overall rate will >rise to 6% or higher, it is worth noting that new claims continue to >fall, and this week once again were below expectations. The 4 week >average, a more reliable indicator, also dipped nearly to 400,000, and >continuing claims dropped by 50,000. > UPCOMING INFLUENCES This week is full of some major economic >reports, plus the meeting of FOMC on Tue/Wed. Monday we get new home >sales (industry remains very strong, saw a lot of good looking stocks >today), Tuesday is Consumer Confidence and Durable Goods reports, >Wednesday we get the first reading on the GDP for Q4, Thursday we get >the Personal Income and Spending Report, and Friday we get the >Employment Report for January. > WORLEY'S WATCHLIST WANNABEES Although the markets didn't seem to do >much this week, the population of stocks I am reviewing this week is >growing. New highs continue to substantially exceed new lows, and >up/down volume seemed to be higher as well. & handle, double >bottom, LLUR, etc., I will state. &h, handle 5+ weeks on declining >volume &h, handle 2 weeks, vol still high, Peruvian firm CEDC - LLUR >CRFT - B6 DKWD - volatile LLUR DLX - amazingly smooth LLUR even tho >forecasts not great ELTE - didn't quite break the pivot on Friday on 2X >ADV EME - nice double bottom, low forecasts, handle trending slightly up >on low volume, 5 weeks EUNI - what a wild ride, can't read the chart, >strong forecasts, low price FCN - LLUR, broke out to the high side of >range on volume &h w/rough 5 week handle FMAR - high handle to the >cup, low price and volume FRED - LLUR GFF - LLUR HCBK - smooth >ascent, not sure how to read it but strong earnings forecast and 3 div >increases in 3 qtrs HOV - nice 5 week high handle on a smooth cup, low >forecast and latest qtr down slightly HTRN - high handle on nice cup, >good forecast IART - high side of trading range, volume dropping, strong >forecast MDCI - B4, well under high but good forecast NLY - B4 PENN - >high handle forming? PETM - nice LLUR &h, started b/o Friday, nearly 2X >ADV but not past pivot of 36.35 POSS - B4 RGIS - B4 RYAN - LLUR >&h, high handle 3 weeks &h, new handle, selling vol above avg but price >holding TASR - B2, EPS only 55 but earnings forecast 227% URBN - B5 >WSH - tight B9 despite doing a secondary offering soon after the IPO >WTSLA - B2 Happy Hunting, Tom Worley >stkguru@netside.net >AIM: TexWorley > Attachment Converted: "c:\covad\eudora\attach\USflag1.gif" - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Gail Koch" Subject: [CANSLIM] The Parlay (long!!) Date: 26 Jan 2002 16:22:00 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_3960_390b_63c0 Content-Type: text/plain; format=flowed I've been a member of this list for the past 6 or so months and have enjoyed the insightful posts by many of the members. I haven't posted any messages until now. Unfortunately this is a little off the CANSLIM topic. I want to describe an investment strategy I've been using recently with my 401(k) and get any opinions that you may have on my strategy. Our company has an excellent 401(k) plan. We have about 10 mutual funds we can choose between including Janus, White Oak, State Street Aurora, Legg Mason Value, Putnam International Growth (POVSX), JP Morgan Institutional Growth (JNUSX), Fidelity Growth and Income, etc. Also, we can switch our investment mix every trading day before 4pm. White Oak is largely a large cap tech fund. During 1999 and early 2000 I rode White Oak up and then unfortunately I rode it back down during the latter part of 2000 and until mid-2001. Early in 2001 I noticed a trend. When the American market indices (DOW, S&P, NASDAQ) are up it seemed that the international market was often up the next day. Thus, gains in the American market might possibly be "parlayed" into gains in the foreign mutual funds. In August of last year I spent a solid weekend backtesting that theory. I looked at the NAS, Dow, and S&P over a 5-year period (Aug 1996 to Aug 2001) which covered 1298 trading days and then determined the gain or loss of the foreign funds the next day. The results of my study were surprising and are summarized as follows: 1. When the NAS is up by any amount, the international funds (POVSX, JNUSX) were up the next day 69% of the time. More specifically, for the 1298 trading days studied, the NAS was up 701 days. POVSX was up the next day 485 (69%) times, down 198 (28%) times, and unchanged 18 (3%) times. 2. I looked at various “triggers” to determine when to move into the foreign funds. I considered various percent changes in the DOW, S&P, and NAS. I found that the best “trigger” was simply the NAS being positive. 3. The average daily gain for each of the 701 days in POVSX was .379%. If $10,000 would have been invested in the middle of 1996 and this strategy used, it would have grown to $158,300 by August 2001. More details on my study are provided in the attached WORD file. Sorry this post is so long. I would appreciate any feedback on this strategy. I have used it exclusively since July of last year and it seems to work fine. In the second half of 2001 I increased the value of my 401(k) by 22% not counting the monthly additions from my salary. That performance far surpasses the performance of any individual mutual fund choice in my 401(k) or the performance of the overall market. _________________________________________________________________ Chat with friends online, try MSN Messenger: http://messenger.msn.com ------=_NextPart_000_3960_390b_63c0 Content-Type: application/msword; name="The Parlay 1_26_02.doc" Content-Transfer-Encoding: base64 Content-Disposition: attachment; filename="The Parlay 1_26_02.doc" 0M8R4KGxGuEAAAAAAAAAAAAAAAAAAAAAPgADAP7/CQAGAAAAAAAAAAAAAAAB AAAAXAAAAAAAAAAAEAAAXgAAAAEAAAD+////AAAAAFsAAAD///////////// //////////////////////////////////////////////////////////// //////////////////////////////////////////////////////////// //////////////////////////////////////////////////////////// //////////////////////////////////////////////////////////// //////////////////////////////////////////////////////////// //////////////////////////////////////////////////////////// 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Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] Worley's Weekend Weeview Date: 26 Jan 2002 17:06:10 -0500 Bert, first, welcome to the group. You don't mention your background or experience, so a short intro might make it easier to answer your question. Generally, I would have to agree with the comments below. Bear in mind that I am likely the exception in terms of time invested. I am obsessed with the markets and economics. And I am a sponge, thirsting for knowledge, so I do a lot of reading, including economics and foreign markets. I also read every email posted to this group, and on busy days that can be easily 50 or 60 just waiting when I get home in the evening. For most people, though, 2 hours a day should be plenty, all depending on how intense you want to get. As Earl points out, having the right tools means using those 2 hours more efficiently. In less than three hours this morning, I reviewed nearly two hundred charts, including toggling back to write up my comments. Plus read some emails, and added a few more comments to the body of my WWW (which typically is in preparation during the week as I find some gems I think worthy of comment). In all, I usually spend 4-5 hours a day, plus another 10-20 hours on the weekend. But if I had a family, or a life, I would likely trim that down considerably. And not all of that is spent purely on CANSLIM, as I started a Virtual Reality fund last August, and that alone probably accounts for 10 or more hours / week, altho both the fund and my real investing share data and information. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message ----- Sent: Saturday, January 26, 2002 4:05 PM > The time required for CANSLIM varies significantly based on your specific > approach and your tools, but overall, I think 2 hours per day is plenty. I > use primarily Daily Graphs Online to perform initial screening on the > weekend, and to go through the charts and generate a candidate list for the > next week. Given something like 2-3 hours on the weekend, it takes me very > little time during the week to monitor the list. In addition, I only > generate the lists when I'm in the market for a new purchase, so I don't > always go through the process each weekend. > > As far as chart details, this group is a great place to compare notes on > various charts and see how others are interpreting various formations. I > think it's only when you are close to a decision that you need to look at > all the finer points of the chart. At least for me, I do a very quick > chart review before placing it on a candidate list, but a much closer look > when considering an imminent purchase. > > At 02:55 PM 1/26/02 -0500, you wrote: > > Hello All, I have developed an interest in the Canslim process, > >as all the other stock picking ideas I've tried haven't given me the > >results I've hoped for. One thing I notice when reading the posts is you > >must spend a lot of time doing your research. It appears to be a full time > >job. The work that Tom Worley put in The Weekend Weeview must have > >taken many hours of work. Is that enough time to find stocks that will > >give me positive results. Is that kind of detail necessary or is it > >just fine tuning of the research? Are there any funds that use the > >Canslim process? Thanks for your help. Bert Pesak bpesak@ct1.nai.net > > ----- Original Message ----- From: Tom Worley To: > >canslim@lists.xmission.com Sent: Saturday, January 26, 2002 9:23 AM > >Subject: [CANSLIM] Worley's Weekend Weeview > > LEAVE IT TO THE JAPANESE A Japanese toymaker (Takara Co. Ltd.) intends > >to begin building electric cars. Not toys, real cars, that can be driven > >on the highway. They also make karaoke systems, robots that open beer > >cans, and remote operated cars for young adults. - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Off Topic (was Re: [CANSLIM] The Parlay (long!!)) Date: 26 Jan 2002 18:33:58 -0500 Hi Gail, A most interesting post for your first one here. I read your study, and have a few thoughts. After I read it a few more times, I may have others, but here goes. And I am going to check my own 401K, but don't think I am offered any funds with heavy Asia or Europe exposure. One thing that jumps out at me is that you never mention when you would sell the foreign funds. The implication is that you would never stay in for more than a day, but I infer that if the trigger remained positive on the second day then you would remain invested. If my inference is correct, what was the typical or average duration of investing in the foreign fund. I assume you must place your order to buy or sell the foreign funds prior to 3:45 PM. The markets have seen considerable volatility in the final 30 minutes, and could possibly change your trigger after your phone call. I have had a considerable global perspective for some years now, and have noted that the Asian markets, most notably Japan, tend to react stronger than does Europe. Likewise, Europe's reaction to how Asia closes tends to be more subtle and muted. The Nikkei has been much less reliable and consistent in the past 12 to 18 months than in years before. That is, in part, due to the tech stock collapse here, and in part due their own local miserable economic, banking, and financial problems. If the fund(s) you use have heavy Japan weighing, it could skew your results. While daily changes in your 401(k) are permitted, constant changing can bring about restrictions. Your fund administrator is less likely to be concerned than the individual fund. Their big worry is that if someone develops a successful system, then others are likely to follow and soon the manager is faced with a daily cash inflow / outflow which is difficult to manage, and forces him to maintain a cash balance much higher than normal. This could affect the fund's performance. You might want to examine the results historically just using the high of the day, rather than the close. Since a heavy volume day can often dry up towards the end, this might give a different picture of what kind of day it was, rather than how it closed. This might be especially true since you found that the best triggering index is NASDAQ, even if it is down slightly. I am not surprised to find that the Naz was the best index to use, since it is broader than either the DOW or S&P500, more heavily tech weighed, and Asia is much more tech sensitive. You mention that you have actually been using this since July. Did the 22% results measure up to your expectations? My VR Fund was fully invested by late August, and remained that way thru the 9/11 attacks and since, and returned 8% after commissions and charges. I am sure I could have done better had I not been required to remain at least 65% invested. Without any calculations, I was expecting that you would have had even higher returns, considering you were more likely to be invested on up days than down days. Best regards, Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message ----- Sent: Saturday, January 26, 2002 4:22 PM > > I've been a member of this list for the past 6 or so months and have enjoyed > the insightful posts by many of the members. I haven't posted any messages > until now. Unfortunately this is a little off the CANSLIM topic. I want to > describe an investment strategy I've been using recently with my 401(k) and > get any opinions that you may have on my strategy. > > Our company has an excellent 401(k) plan. We have about 10 mutual funds we > can choose between including Janus, White Oak, State Street Aurora, Legg > Mason Value, Putnam International Growth (POVSX), JP Morgan Institutional > Growth (JNUSX), Fidelity Growth and Income, etc. Also, we can switch our > investment mix every trading day before 4pm. White Oak is largely a large > cap tech fund. During 1999 and early 2000 I rode White Oak up and then > unfortunately I rode it back down during the latter part of 2000 and until > mid-2001. > > Early in 2001 I noticed a trend. When the American market indices (DOW, > S&P, NASDAQ) are up it seemed that the international market was often up the > next day. Thus, gains in the American market might possibly be "parlayed" > into gains in the foreign mutual funds. In August of last year I spent a > solid weekend backtesting that theory. I looked at the NAS, Dow, and S&P > over a 5-year period (Aug 1996 to Aug 2001) which covered 1298 trading days > and then determined the gain or loss of the foreign funds the next day. The > results of my study were surprising and are summarized as follows: > > 1. When the NAS is up by any amount, the international funds (POVSX, JNUSX) > were up the next day 69% of the time. More specifically, for the 1298 > trading days studied, the NAS was up 701 days. POVSX was up the next day > 485 (69%) times, down 198 (28%) times, and unchanged 18 (3%) times. > > 2. I looked at various "triggers" to determine when to move into the foreign > funds. I considered various percent changes in the DOW, S&P, and NAS. I > found that the best "trigger" was simply the NAS being positive. > > 3. The average daily gain for each of the 701 days in POVSX was .379%. If > $10,000 would have been invested in the middle of 1996 and this strategy > used, it would have grown to $158,300 by August 2001. > > More details on my study are provided in the attached WORD file. > > Sorry this post is so long. I would appreciate any feedback on this > strategy. I have used it exclusively since July of last year and it seems > to work fine. In the second half of 2001 I increased the value of my 401(k) > by 22% not counting the monthly additions from my salary. That performance > far surpasses the performance of any individual mutual fund choice in my > 401(k) or the performance of the overall market. > > > _________________________________________________________________ > Chat with friends online, try MSN Messenger: http://messenger.msn.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. ------------------------------------------------------------------------------- From: "Gail Koch" Subject: Re: Off Topic (was Re: [CANSLIM] The Parlay (long!!)) Date: 26 Jan 2002 20:56:58 -0500 Hello Tom, Thanks for your analysis. I value your insights. A response to your questions and comments follows: 1. The way I work the parlay is simple. If the NASDAQ is up, I move all my 401(k) funds to either of the two foreign mutual funds (JNUSX, POVSX) available to me. If the NASDAQ is down I move to fixed income – a fund paying about 6% interest. I don’t make a move every day. If the NASDAQ is up for a few days in a row, I stay invested in the foreign market. Similarly, if the NASDAQ is down for consecutive days then I stay in fixed income. There is no cost for these fund transfers. 2. I normally make the call to my benefits co-ordinator about 3:58 each day that a move is needed. Thus, I pretty well know how the NASDAQ will close. The co-ordinator has a very effective automated phone system that allows easy fund transfer. Also, since I’ve done this often, I have developed fast fingers!! If the call isn’t finished by 4:00 then the transfer doesn’t take effect. 3. The 2 mutual funds have different amounts of Japanese holdings. POVSX has 12% and JNUSX has 23%. If the Nikkei is down on a parlay day then I lean toward moving to JNUSX. If the Nikkei is up, then I lean toward POVSX. Sometimes I move to a blend of the two funds. 4. I too was surprised that the NASDAQ was the best trigger. The two mutual funds have very little tech. Each has only about 5% of their holdings in tech. However, as described in my WORD document, the NASDAQ was clearly a better trigger than the S&P or DOW over the five year period that I backtested. 5. I am worried that if many people in my company start to invest this way then the flexibility of the daily 4pm transfer will be eliminated. I really am mum about this at work. 6. I’m becoming more aware that currency exchange rates effect the process – especially the value of the Yen, Euro, and Pound. Since I’m essentially buying and selling foreign stocks with dollars, when the Dollars per Yen, Euro, or Pound are down then the NAV of the foreign funds is down a corresponding amount. The opposite occurs when the currencies are up. I need to factor this into my strategy. For instance, last Friday the $/Euro and $/Pound were down significantly. I opted to stay in POVSX even though the NASDAQ was slightly down. I didn’t want to sell my foreign stocks at a depressed exchange rate. 7. A better (and much more complicated!) trigger might be the performance of weighted American market sectors. I know the sector weighting of JNUSX and POVSX. If I knew the performance of the corresponding American market sectors and weighted them properly, then I might be able to produce a better prediction for the next day performance of the two funds. 8. I will run some numbers using the high for the day instead of the close. This will be interesting. I’ll let you know the result. 9. I was very pleased with the 22% gain for the last half of 2001. I was down about 20% for the first half of 2001 because I was gambling with tech stock funds. Best regards >From: "Tom Worley" >Reply-To: canslim@lists.xmission.com >To: >Subject: Off Topic (was Re: [CANSLIM] The Parlay (long!!)) >Date: Sat, 26 Jan 2002 18:33:58 -0500 > >Hi Gail, > >A most interesting post for your first one here. I read your study, and >have >a few thoughts. After I read it a few more times, I may have others, but >here goes. And I am going to check my own 401K, but don't think I am >offered >any funds with heavy Asia or Europe exposure. > >One thing that jumps out at me is that you never mention when you would >sell >the foreign funds. The implication is that you would never stay in for more >than a day, but I infer that if the trigger remained positive on the second >day then you would remain invested. If my inference is correct, what was >the >typical or average duration of investing in the foreign fund. > >I assume you must place your order to buy or sell the foreign funds prior >to >3:45 PM. The markets have seen considerable volatility in the final 30 >minutes, and could possibly change your trigger after your phone call. > >I have had a considerable global perspective for some years now, and have >noted that the Asian markets, most notably Japan, tend to react stronger >than does Europe. Likewise, Europe's reaction to how Asia closes tends to >be >more subtle and muted. > >The Nikkei has been much less reliable and consistent in the past 12 to 18 >months than in years before. That is, in part, due to the tech stock >collapse here, and in part due their own local miserable economic, banking, >and financial problems. If the fund(s) you use have heavy Japan weighing, >it >could skew your results. > >While daily changes in your 401(k) are permitted, constant changing can >bring about restrictions. Your fund administrator is less likely to be >concerned than the individual fund. Their big worry is that if someone >develops a successful system, then others are likely to follow and soon the >manager is faced with a daily cash inflow / outflow which is difficult to >manage, and forces him to maintain a cash balance much higher than normal. >This could affect the fund's performance. > >You might want to examine the results historically just using the high of >the day, rather than the close. Since a heavy volume day can often dry up >towards the end, this might give a different picture of what kind of day it >was, rather than how it closed. This might be especially true since you >found that the best triggering index is NASDAQ, even if it is down >slightly. > >I am not surprised to find that the Naz was the best index to use, since it >is broader than either the DOW or S&P500, more heavily tech weighed, and >Asia is much more tech sensitive. > >You mention that you have actually been using this since July. Did the 22% >results measure up to your expectations? My VR Fund was fully invested by >late August, and remained that way thru the 9/11 attacks and since, and >returned 8% after commissions and charges. I am sure I could have done >better had I not been required to remain at least 65% invested. Without any >calculations, I was expecting that you would have had even higher returns, >considering you were more likely to be invested on up days than down days. > >Best regards, > >Tom Worley >stkguru@netside.net >AIM: TexWorley >----- Original Message ----- >From: "Gail Koch" >To: >Sent: Saturday, January 26, 2002 4:22 PM >Subject: [CANSLIM] The Parlay (long!!) > > > > > > I've been a member of this list for the past 6 or so months and have >enjoyed > > the insightful posts by many of the members. I haven't posted any >messages > > until now. Unfortunately this is a little off the CANSLIM topic. I >want >to > > describe an investment strategy I've been using recently with my 401(k) >and > > get any opinions that you may have on my strategy. > > > > Our company has an excellent 401(k) plan. We have about 10 mutual funds >we > > can choose between including Janus, White Oak, State Street Aurora, Legg > > Mason Value, Putnam International Growth (POVSX), JP Morgan >Institutional > > Growth (JNUSX), Fidelity Growth and Income, etc. Also, we can switch >our > > investment mix every trading day before 4pm. White Oak is largely a >large > > cap tech fund. During 1999 and early 2000 I rode White Oak up and then > > unfortunately I rode it back down during the latter part of 2000 and >until > > mid-2001. > > > > Early in 2001 I noticed a trend. When the American market indices (DOW, > > S&P, NASDAQ) are up it seemed that the international market was often up >the > > next day. Thus, gains in the American market might possibly be >"parlayed" > > into gains in the foreign mutual funds. In August of last year I spent >a > > solid weekend backtesting that theory. I looked at the NAS, Dow, and >S&P > > over a 5-year period (Aug 1996 to Aug 2001) which covered 1298 trading >days > > and then determined the gain or loss of the foreign funds the next day. >The > > results of my study were surprising and are summarized as follows: > > > > 1. When the NAS is up by any amount, the international funds (POVSX, >JNUSX) > > were up the next day 69% of the time. More specifically, for the 1298 > > trading days studied, the NAS was up 701 days. POVSX was up the next >day > > 485 (69%) times, down 198 (28%) times, and unchanged 18 (3%) times. > > > > 2. I looked at various "triggers" to determine when to move into the >foreign > > funds. I considered various percent changes in the DOW, S&P, and NAS. >I > > found that the best "trigger" was simply the NAS being positive. > > > > 3. The average daily gain for each of the 701 days in POVSX was .379%. >If > > $10,000 would have been invested in the middle of 1996 and this strategy > > used, it would have grown to $158,300 by August 2001. > > > > More details on my study are provided in the attached WORD file. > > > > Sorry this post is so long. I would appreciate any feedback on this > > strategy. I have used it exclusively since July of last year and it >seems > > to work fine. In the second half of 2001 I increased the value of my >401(k) > > by 22% not counting the monthly additions from my salary. That >performance > > far surpasses the performance of any individual mutual fund choice in my > > 401(k) or the performance of the overall market. > > > > > > _________________________________________________________________ > > Chat with friends online, try MSN Messenger: http://messenger.msn.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. _________________________________________________________________ Chat with friends online, try MSN Messenger: http://messenger.msn.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. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: [CANSLIM] test - it's too quiet! Date: 27 Jan 2002 14:47:37 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_000F_01C1A741.8FFB52D0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Tom Worley stkguru@netside.net AIM: TexWorley ------=_NextPart_000_000F_01C1A741.8FFB52D0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
------=_NextPart_000_000F_01C1A741.8FFB52D0-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Bert Pesak" Subject: [CANSLIM] Some Insight Date: 27 Jan 2002 15:29:38 -0500 Hello Gail & Tom, First, I appreciate both of your responses. Gail, I looked at your fund parlay quickly. I like the apparent simplicity of it. I do not have the opportunity to swap funds on a daily basis as you do, so your parlay is could not be part of my process. One of the things I do not want to do is to keep looking for new theories on stock picking. I have spent the 14 years listening to various analysts, news letters (Michael Murphy, Louis Rukeyser, The Chartist, friends) and find that when the market is booming they all do pretty well. None of them were able to see the bust, which I have been waiting for since 1990 (my naturally pessimistic personality) nor were they able to be realistic about the depth or longevity of the fall. I have been a member of AAII since 1996 and find their monthly magazine very worthwhile. They also have a good website. They have screening programs that emulate many stock picking theories including CANSLIM. Canslim shows about a 270% increase for the last 4 years. Another one that is very good is the Martin Zweig screen, up 299%. I am tracking both portfolios on the AAII website. The screen are done on a monthly basis at the end of the month, and adjustments are made on the next screening or when a stock should be sold because of meeting a certain parameter (like falling 8%). My background is: 64 years old, in my first life I owned a small metal stamping & die making shop ( I was the Diemaker) for 23 years. I sold the business in 1988. In my 2nd life I went into the computer world, PC operating systems were my specialty, Starting in 1978 with Northstar dos, CPM, TurboDos, MS-DOS, Windows, Novell, and ending with NT. I am basically a techie, with some people skills. I received a quick lesson in 1989 on how to use the IBD newspaper and then went off on various tangents. I have come full circle and find myself back at the IBD Canslim theory. My dilemma is how do I get the necessary skills and then make use of them in the time I can allocate for investing. I have subscribed to IBD and use their website. I check their screens every day looking for stocks to watch and found myself getting emotionally carried away. I bought TRR, UTSI, CACI and proceeded to $1500 in a week. I sold when they dropped 8%, one fell so fast it cost me 12%. So here I am folks, any help would be much appreciated. Bert Pesak bpesak@ct1.nai.net - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Steve F Subject: Re: [CANSLIM] test - it's too quiet! Date: 27 Jan 2002 14:16:29 -0800 (PST) I am lurking as usual, and this is just to let you know also find today oddly quiet. Football playoffs can't be that significant. __________________________________________________ Do You Yahoo!? Great stuff seeking new owners in Yahoo! Auctions! http://auctions.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. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] test - it's too quiet! Date: 27 Jan 2002 17:56:27 -0500 I don't know, I got most of my work done yesterday and this morning, and only here during halftime! Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message ----- Sent: Sunday, January 27, 2002 5:16 PM > > I am lurking as usual, and this is just to let you > know also find today oddly quiet. > > Football playoffs can't be that significant. > > __________________________________________________ > Do You Yahoo!? > Great stuff seeking new owners in Yahoo! Auctions! > http://auctions.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. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] Some Insight Date: 27 Jan 2002 18:18:16 -0500 Bert, wait a minute, you went from being a diemaker (and successfully selling the business) to being a computer OS techie, and you're worried about how to learn to use CANSLIM?? I think you are underestimating yourself. Step One: read HTMMIS (Wm O'Neil's How To Make Money In Stocks). Unfortunately publication of the 3rd edition is still delayed, so you have to settle for 2nd edition. Step Two: read WON's 24 lessons, which updates HTMMIS Step Three: recognize that IBD did not invent CANSLIM, WON did. Of course, he is the founder of IBD as well as Daily Graphs / Daily Graphs Online (DG/DGO). I looked at my first copy this weekend of IBD in several years, and was amused how they word things to make it sound like CANSLIM investing is all their idea. No matter that CANSLIM was around about 20 years before the first copy of Investor's Daily (predecessor to IBD) was ever printed. Step Four: decide if you simply want to follow the markets, which is what you are doing by using IBD or a monthly screen such as you mention at AAII, or if you want to be more dynamically involved on a day by day or week by week basis. Step Five: If at this point in your life, you really don't want to have to learn a new skill (how to find, choose, time stocks all on your own, but with help from this group, of course) then consider just using mutual funds. There are more funds available today than stocks, I believe, so there is ultimately something to suit everyone. And for those that don't want to specialize, there are hedge funds, and funds that simply match the major indexes. FWIW, Bert, I will be 55 this year and still working and learning. I have been involved in, and employed by, the securities industry for the past 14 years. I have been using CANSLIM for over 12 years, and for the past 5 years or so, nothing but CANSLIM. And I am still learning (and sometimes having to relearn) every day. If you have not already done Steps One and Two, I would suggest doing that before you make any other decisions. In my 40 years of investing, I think I have tried just about everything, and nothing consistently made sense until I first read HTMMIS. After that, a lot I had seen or had happen to me started to make more sense. Good luck, we're here to help if you want to pursue an education in CANSLIM. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message ----- Sent: Sunday, January 27, 2002 3:29 PM > Hello Gail & Tom, > > First, I appreciate both of your responses. > > Gail, I looked at your fund parlay quickly. I like the apparent simplicity > of it. I do not have the opportunity to swap funds on a daily basis as you > do, so your parlay is could not be part of my process. > > One of the things I do not want to do is to keep looking for new theories on > stock picking. I have spent the 14 years listening to various analysts, > news letters (Michael Murphy, Louis Rukeyser, The Chartist, friends) and > find that when the market is booming they all do pretty well. None of them > were able to see the bust, which I have been waiting for since 1990 (my > naturally pessimistic personality) nor were they able to be realistic about > the depth or longevity of the fall. > > I have been a member of AAII since 1996 and find their monthly magazine very > worthwhile. They also have a good website. They have screening programs > that emulate many stock picking theories including CANSLIM. Canslim shows > about a 270% increase for the last 4 years. Another one that is very good > is the Martin Zweig screen, up 299%. I am tracking both portfolios on the > AAII website. The screen are done on a monthly basis at the end of the > month, and adjustments are made on the next screening or when a stock should > be sold because of meeting a certain parameter (like falling 8%). > > My background is: 64 years old, in my first life I owned a small metal > stamping & die making shop ( I was the Diemaker) for 23 years. I sold the > business in 1988. In my 2nd life I went into the computer world, PC > operating systems were my specialty, Starting in 1978 with Northstar dos, > CPM, TurboDos, MS-DOS, Windows, Novell, and ending with NT. I am basically > a techie, with some people skills. I received a quick lesson in 1989 on how > to use the IBD newspaper and then went off on various tangents. I have come > full circle and find myself back at the IBD Canslim theory. > > My dilemma is how do I get the necessary skills and then make use of them in > the time I can allocate for investing. I have subscribed to IBD and use > their website. I check their screens every day looking for stocks to watch > and found myself getting emotionally carried away. I bought TRR, UTSI, CACI > and proceeded to $1500 in a week. I sold when they dropped 8%, one fell so > fast it cost me 12%. > > So here I am folks, any help would be much appreciated. > > Bert Pesak > bpesak@ct1.nai.net > > > > > - > -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. ------------------------------------------------------------------------------- From: Robert Subject: [CANSLIM] Acc/Dis Numbers -- Market in correction Date: 27 Jan 2002 17:57:12 -0500 ------ =_NextPart_000_01C1A75C.0CF076C0 Content-Type: text/plain; charset="us-ascii" Content-Transfer-Encoding: 7bit Hello everyone. Here are the latest Acc/Dis numbers: spread sheet version Date,A,B,C,D,E,% of AB/A:E,%E,Market Posture 1/14/02,1063,2508,1123,665,188,64%,3%,Market stable 1/15/02,1016,2499,1136,691,202,63%,4%,Market stable 1/16/02,928,2439,1172,764,217,61%,4%,Market in correction 1/17/02,926,2481,1138,766,217,62%,4%,Market in correction 1/18/02,847,2391,1193,840,241,59%,4%,Market in correction 1/22/02,869,2407,1193,825,235,59%,4%,Market in correction 1/23/02,815,2380,1213,856,256,58%,5%,Market in correction 1/24/02,770,2332,1222,897,273,56%,5%,Market in correction 1/25/02,823,2401,1163,845,270,59%,5%,Market in correction 1/28/02,850,2414,1142,837,272,59%,5%,Market in correction Robert ------ =_NextPart_000_01C1A75C.0CF076C0-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Rich W" Subject: Re: [CANSLIM] test - it's too quiet! Date: 27 Jan 2002 20:11:34 -0600 GO RAMS,WHAT A GAME ON TO THE SUPER BOWL - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "John Adair" Subject: RE: [CANSLIM] Some Insight Date: 27 Jan 2002 20:17:01 -0600 Hi Bert Been there done that and am in about the same boat. You did not mention Tharp in your list. If you had Van K Tharp to your list " Trade your way to financial freedom" at least your losses would be smaller. I attended a lecture Saturday by our Katherine( on this board). She uses vector vest to filter first then canslim with 70 RS as a lower point to start . She uses technicals to sell. If you are interested in a copy of her lecture (3 hours and very good) you might g et Gene on this board to send you a copy of her lecture. I think the best you may expect now is to study and develop a system for when this bear market is over. For now take up golf. -----Original Message----- [mailto:owner-canslim@lists.xmission.com]On Behalf Of Bert Pesak Sent: Sunday, January 27, 2002 2:30 PM Hello Gail & Tom, First, I appreciate both of your responses. Gail, I looked at your fund parlay quickly. I like the apparent simplicity of it. I do not have the opportunity to swap funds on a daily basis as you do, so your parlay is could not be part of my process. One of the things I do not want to do is to keep looking for new theories on stock picking. I have spent the 14 years listening to various analysts, news letters (Michael Murphy, Louis Rukeyser, The Chartist, friends) and find that when the market is booming they all do pretty well. None of them were able to see the bust, which I have been waiting for since 1990 (my naturally pessimistic personality) nor were they able to be realistic about the depth or longevity of the fall. I have been a member of AAII since 1996 and find their monthly magazine very worthwhile. They also have a good website. They have screening programs that emulate many stock picking theories including CANSLIM. Canslim shows about a 270% increase for the last 4 years. Another one that is very good is the Martin Zweig screen, up 299%. I am tracking both portfolios on the AAII website. The screen are done on a monthly basis at the end of the month, and adjustments are made on the next screening or when a stock should be sold because of meeting a certain parameter (like falling 8%). My background is: 64 years old, in my first life I owned a small metal stamping & die making shop ( I was the Diemaker) for 23 years. I sold the business in 1988. In my 2nd life I went into the computer world, PC operating systems were my specialty, Starting in 1978 with Northstar dos, CPM, TurboDos, MS-DOS, Windows, Novell, and ending with NT. I am basically a techie, with some people skills. I received a quick lesson in 1989 on how to use the IBD newspaper and then went off on various tangents. I have come full circle and find myself back at the IBD Canslim theory. My dilemma is how do I get the necessary skills and then make use of them in the time I can allocate for investing. I have subscribed to IBD and use their website. I check their screens every day looking for stocks to watch and found myself getting emotionally carried away. I bought TRR, UTSI, CACI and proceeded to $1500 in a week. I sold when they dropped 8%, one fell so fast it cost me 12%. So here I am folks, any help would be much appreciated. Bert Pesak bpesak@ct1.nai.net - -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. ------------------------------------------------------------------------------- From: "stock oper8or" Subject: Re: [CANSLIM] DFXI vs. JEC--Faulty handle? Date: 28 Jan 2002 06:17:38 +0000 My take is that the answer to both of your muses is yes. This is a terrible market for leaders. And the loose action of this stock makes it suspect on its own. But despite both, it seems to want to hang in there. The best that could happen is for this chart to tighten up in price, dry up in volume, form a high handle in here, then break out for good. (But Santa Clause has been gone for a month now!) >From: "Katherine Malm" >Reply-To: canslim@lists.xmission.com >To: >Subject: Re: [CANSLIM] DFXI vs. JEC--Faulty handle? >Date: Fri, 25 Jan 2002 08:17:42 -0600 > >Hi stockoper8or, > >When I wrote my note mid-day, DFXI had a tail. Looks like it ended midrange >after dropping a bit more after my note. Interesting action. I suspect in a >stronger market it would have been up and out of here by now. I wonder if >the zig zag handle that started it all was a sign of market iffiness or a >sign of stock iffiness. Just one for the "I wonder" pile of thoughts! > >Katherine > ----- Original Message ----- > From: stock oper8or > To: canslim@lists.xmission.com > Sent: Friday, January 25, 2002 1:34 AM > Subject: Re: [CANSLIM] DFXI vs. JEC--Faulty handle? > > > Never heard a reversal called a tail before but I like it. The loose >action > of this stock's price and volume in addition to today's high volume >minor > reversal is a bit of a negative. It almost had an outside day (higher >high > and lower low than prior day) as well, but at least it did not close >near > its low. If it had, it would have been a signal to sell at least part >of > one's position. But as you say, as long as it holds that $32 support > area... > > > >From: "Katherine Malm" > >Reply-To: canslim@lists.xmission.com > >To: > >Subject: Re: [CANSLIM] DFXI vs. JEC--Faulty handle? > >Date: Thu, 24 Jan 2002 12:58:19 -0600 > > > >Thanks stockoper8or and Tom for your input. > > > >I am watching DFXI with great interest as a "case study." The last >couple > >of days seemed to indicate strength as the stock bounced again off the > >pivot. Today, however, the action is forming the dreaded tail on fairly > >high volume. Will be interesting to see how it plays out. > > > >Katherine > > ----- Original Message ----- > > From: stock oper8or > > To: canslim@lists.xmission.com > > Sent: Monday, January 21, 2002 6:34 PM > > Subject: Re: [CANSLIM] DFXI vs. JEC--Faulty handle? > > > > > > I thought DFXI looked somewhat sloppy in the handle but not enough >to > > preculde its purchase: There were 5 down days on above average >volume, > >the > > pattern was wide and loose, never really formed a downward wedge and >the > > volume did not really "dry up". One of the best indicators of a >chart's > > quality is its weekly chart. I believe you want to see what looks >like > >a > > real handle in the weekly chart. On the weekly of DFXI you can see >the > >wide > > action of the handle and it never really looked like a classic >handle, > >but > > more like a pennant or triangle. > > > > Neverthess the breakout was very strong, gapping out on more than >double > > average daily volume. It could be argued that the strength of the > >breakout > > outweighed the imperfect action in the handle. All in all, this was >not > >a > > perfect chart but was probably worth buying as it had such strong > >qualities > > other than the non-ideal price-volume action in the handle. While >it > >has > > given back all its gains plus a little bit, it is still holding >right in > >the > > pivot area. If it holds at the lows of the past 2 days, I would say >it > >is > > worth holding. If I owned it (which I don't), I would put my stop > >pretty > > close to those intraday lows. > > > > By comparison JEC (during October) was so wide and loose that even > >though > > it's "handle?" was downward sloping and the volume did dry up from >Oct > > 18-20, the action was just not constructive whatsoever. There was >as > >much > > or more down volume as up volume coming up the right side and the >stock > >had > > multiple intraday reversals on above average volume. When it did >try to > > "break out" the volume barely exceeded average. This was definitely >not > >a > > buy by any stretch of the imagination. > > > > > > >From: "Katherine Malm" > > >Reply-To: canslim@lists.xmission.com > > >To: > > >Subject: [CANSLIM] DFXI vs. JEC--Faulty handle? > > >Date: Sun, 20 Jan 2002 07:50:53 -0600 > > > > > >DFXI's chart has been bothering me for some time. An Investor's >Corner > > >article dated 12/17/01 used JEC as an example of a "zig-zag" faulty > >handle. > > >What do you think, could DFXI have the same faulty handle? > > > > > >http://WallStreet-LLC.com/pub/DFXI_011802.jpg > > >http://WallStreet-LLC.com/pub/JEC_011802.jpg > > > > > >Katherine > > > > > > _________________________________________________________________ > > Send and receive Hotmail on your mobile device: >http://mobile.msn.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. > > > _________________________________________________________________ > MSN Photos is the easiest way to share and print your photos: > http://photos.msn.com/support/worldwide.aspx > > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. _________________________________________________________________ Chat with friends online, try MSN Messenger: http://messenger.msn.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. ------------------------------------------------------------------------------- From: "Ben Chilcote" Subject: Re: [CANSLIM] Worley's Weekend Weeview Date: 28 Jan 2002 08:08:07 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_005D_01C1A7D2.EB0293F0 Content-Type: multipart/alternative; boundary="----=_NextPart_001_005E_01C1A7D2.EB0293F0" ------=_NextPart_001_005E_01C1A7D2.EB0293F0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Tom, Enjoyed reading your Weekned Weeview. I looked at charts of all the = stocks in your watchlist and I have a question. What does LLUR stand = for? I can see from the charts that it is a stock the is slowly and = constistantly rising staying above the 50DMA. Also, where is the pivot = or buying point for these kinds of stocks? I had seen the chart of DLX = late last fall and was amazed recently to see it still following the = same pattern, so last week I bought some shares of DLX, hoping that the = trend will continue. I suppose this type of stock will not yield = amazing returns but hopefully a longterm steady return.=20 As a new member of the discussion group, I am enjoying reading and = learning from all the emails. Ben ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Saturday, January 26, 2002 9:23 AM Subject: [CANSLIM] Worley's Weekend Weeview LEAVE IT TO THE JAPANESE A Japanese toymaker (Takara Co. Ltd.) intends to begin building = electric cars. Not toys, real cars, that can be driven on the highway. = They also make karaoke systems, robots that open beer cans, and remote = operated cars for young adults. ----- LEADING INDICATORS Latest report (for Dec) shows 8 of the 10 components rising, overall = rate up 1.2%. This is the third monthly improvement (largest since = 1996), and combined with the 0.8% gain in Nov, is the largest two month = gain since 1992. Best indication from this is no Fed rate cut Jan 30. = Since expectation of another 25 basis point cut is already priced into = the market, this could be bad, but likely more than offset by an upbeat = Greenspan. Mr. Greenspan address to Congress on Thursday did clarify, as = some rumors suggest his words on Jan 11 were taken as more bearish and = concerned about the economy than he intended. The coincident indicators, = BTW, which measure current economic activity, reversed to the positive = in December, up 0.1% after a drop of 0.3% in November. Still, I am now = expecting the Q4 GDP will end up being a negative number, confirming = that we had (note the past tense) a recession.=20 ----- UNEMPLOYMENT While expectations continue that the overall rate will rise to 6% or = higher, it is worth noting that new claims continue to fall, and this = week once again were below expectations. The 4 week average, a more = reliable indicator, also dipped nearly to 400,000, and continuing claims = dropped by 50,000.=20 ----- UPCOMING INFLUENCES This week is full of some major economic reports, plus the meeting of = FOMC on Tue/Wed. Monday we get new home sales (industry remains very = strong, saw a lot of good looking stocks today), Tuesday is Consumer = Confidence and Durable Goods reports, Wednesday we get the first reading = on the GDP for Q4, Thursday we get the Personal Income and Spending = Report, and Friday we get the Employment Report for January. ----- WORLEY'S WATCHLIST WANNABEES Although the markets didn't seem to do much this week, the population = of stocks I am reviewing this week is growing. New highs continue to = substantially exceed new lows, and up/down volume seemed to be higher as = well. As always, Bx is my shorthand for a flat line "B"ase of "x" weeks = duration, IMO. Any larger basing pattern I see, such as a cup & handle, = double bottom, LLUR, etc., I will state. BBY - c&h, handle 5+ weeks on declining volume BVN - c&h, handle 2 weeks, vol still high, Peruvian firm CEDC - LLUR CRFT - B6 DKWD - volatile LLUR DLX - amazingly smooth LLUR even tho forecasts not great ELTE - didn't quite break the pivot on Friday on 2X ADV EME - nice double bottom, low forecasts, handle trending slightly up = on low volume, 5 weeks EUNI - what a wild ride, can't read the chart, strong forecasts, low = price FCN - LLUR, broke out to the high side of range on volume FHRX - former LLUR that broke pattern to downside, may now be c&h = w/rough 5 week handle FMAR - high handle to the cup, low price and volume FRED - LLUR GFF - LLUR HCBK - smooth ascent, not sure how to read it but strong earnings = forecast and 3 div increases in 3 qtrs HOV - nice 5 week high handle on a smooth cup, low forecast and latest = qtr down slightly HTRN - high handle on nice cup, good forecast IART - high side of trading range, volume dropping, strong forecast MDCI - B4, well under high but good forecast NLY - B4 PENN - high handle forming? PETM - nice LLUR PFGC - c&h, started b/o Friday, nearly 2X ADV but not past pivot of = 36.35 POSS - B4 RGIS - B4 RYAN - LLUR SCVL - c&h, high handle 3 weeks STSA - c&h, new handle, selling vol above avg but price holding TASR - B2, EPS only 55 but earnings forecast 227% URBN - B5 WSH - tight B9 despite doing a secondary offering soon after the IPO WTSLA - B2 Happy Hunting, Tom Worley stkguru@netside.net AIM: TexWorley ------=_NextPart_001_005E_01C1A7D2.EB0293F0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Tom,
Enjoyed reading your Weekned = Weeview.  I=20 looked at charts of all the stocks in your watchlist and I have a=20 question.  What does LLUR stand for?  I can see from the = charts that=20 it is a stock the is slowly and constistantly rising staying above the=20 50DMA.  Also, where is the pivot or buying point for these kinds of = stocks?  I had seen the chart of DLX late last fall and was amazed = recently=20 to see it still following the same pattern, so last week I bought some = shares of=20 DLX, hoping that the trend will continue.  I suppose this type of = stock=20 will not yield amazing returns but hopefully a longterm steady return.=20
 
As a new member of the discussion = group, I am=20 enjoying reading and learning from all the emails.
Ben
----- Original Message -----
From:=20 Tom = Worley=20
Sent: Saturday, January 26, = 2002 9:23=20 AM
Subject: [CANSLIM] Worley's = Weekend=20 Weeview

LEAVE IT TO THE = JAPANESE
A Japanese toymaker (Takara Co. Ltd.) intends = to begin=20 building electric cars. Not toys, real cars, that can be driven on the = highway. They also make karaoke systems, robots that open beer cans, = and=20 remote operated cars for young adults.
LEADING INDICATORS
Latest report (for Dec) shows 8 of the 10 components rising, = overall rate=20 up 1.2%. This is the third monthly improvement (largest since 1996), = and=20 combined with the 0.8% gain in Nov, is the largest two month gain = since 1992.=20 Best indication from this is no Fed rate cut Jan 30. Since expectation = of=20 another 25 basis point cut is already priced into the market, this = could be=20 bad, but likely more than offset by an upbeat Greenspan. Mr. Greenspan = address=20 to Congress on Thursday did clarify, as some rumors suggest his=20 words on Jan 11 were taken as more bearish and concerned = about the=20 economy than he intended. The coincident indicators, BTW, which = measure=20 current economic activity, reversed to the positive in December, up = 0.1% after=20 a drop of 0.3% in November. Still, I am now expecting the Q4 GDP will = end up=20 being a negative number, confirming that we had (note the past tense) = a=20 recession.=20
UNEMPLOYMENT
While expectations continue that the overall rate will rise to 6% = or=20 higher, it is worth noting that new claims continue to fall, and this = week=20 once again were below expectations. The 4 week average, a more = reliable=20 indicator, also dipped nearly to 400,000, and continuing claims = dropped by=20 50,000.
UPCOMING INFLUENCES
This week is full of some major economic reports, plus the = meeting of=20 FOMC on Tue/Wed. Monday we get new home sales (industry remains very = strong,=20 saw a lot of good looking stocks today), Tuesday is Consumer = Confidence and=20 Durable Goods reports, Wednesday we get the first reading on the GDP = for Q4,=20 Thursday we get the Personal Income and Spending Report, and Friday we = get the=20 Employment Report for January.
WORLEY'S WATCHLIST WANNABEES
Although the markets didn't seem to do much this week, the = population of=20 stocks I am reviewing this week is growing. New highs continue to=20 substantially exceed new lows, and up/down volume seemed to be higher = as=20 well.
 
As always, Bx is my shorthand for a flat line "B"ase of "x" weeks = duration, IMO. Any larger basing pattern I see, such as a cup & = handle,=20 double bottom, LLUR, etc., I will state.
 
BBY - c&h, handle 5+ weeks on declining volume
BVN - c&h, handle 2 weeks, vol still high, Peruvian = firm
CEDC - LLUR
CRFT - B6
DKWD - volatile LLUR
DLX - amazingly smooth LLUR even tho forecasts not great
ELTE - didn't quite break the pivot on Friday on 2X ADV
EME - nice double bottom, low forecasts, handle trending slightly = up on=20 low volume, 5 weeks
EUNI - what a wild ride, can't read the chart, strong forecasts, = low=20 price
FCN - LLUR, broke out to the high side of range on volume
FHRX - former LLUR that broke pattern to downside, may now be = c&h=20 w/rough 5 week handle
FMAR - high handle to the cup, low price and volume
FRED - LLUR
GFF - LLUR
HCBK - smooth ascent, not sure how to read it but strong earnings = forecast and 3 div increases in 3 qtrs
HOV - nice 5 week high handle on a smooth cup, low forecast and = latest=20 qtr down slightly
HTRN - high handle on nice cup, good forecast
IART - high side of trading range, volume dropping, strong = forecast
MDCI - B4, well under high but good forecast
NLY - B4
PENN - high handle forming?
PETM - nice LLUR
PFGC - c&h, started b/o Friday, nearly 2X ADV but not past = pivot of=20 36.35
POSS - B4
RGIS - B4
RYAN - LLUR
SCVL - c&h, high handle 3 weeks
STSA - c&h, new handle, selling vol above avg but price = holding
TASR - B2, EPS only 55 but earnings forecast 227%
URBN - B5
WSH - tight B9 despite doing a secondary offering soon after the=20 IPO
WTSLA - B2
 
Happy Hunting,
 
3D""
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
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Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Robert Gammon" Subject: Re: [CANSLIM] Worley's Weekend Weeview Date: 28 Jan 2002 07:15:21 -0600 (CST) Ben, You have already spotted it. LLUR is a consitently rising stock price when viewed on a chart. Its not truely CANSLIM, yet some of us believe that it is a profitable trend to ride. CANSLIM trading criteria to indicate when to buy do not apply. Basically, you hop on for the ride, set your stops and maintain them for as long as you can. Robert On Mon, 28 Jan 2002 08:08:07 -0500, Ben Chilcote wrote: >Tom, >Enjoyed reading your Weekned Weeview. I looked at charts of all the stocks in your watchlist and I have a question. What does LLUR stand for? I can see from the charts that it is a stock the is slowly and constistantly rising staying above the 50DMA. Also, where is the pivot or buying point for these kinds of stocks? I had seen the chart of DLX late last fall and was amazed recently to see it still following the same pattern, so last week I bought some shares of DLX, hoping that the trend will continue. I suppose this type of stock will not yield amazing returns but hopefully a longterm steady return. > >As a new member of the discussion group, I am enjoying reading and learning from all the emails. >Ben > ----- Original Message ----- > From: Tom Worley > To: canslim@lists.xmission.com > Sent: Saturday, January 26, 2002 9:23 AM > Subject: [CANSLIM] Worley's Weekend Weeview > > > LEAVE IT TO THE JAPANESE > A Japanese toymaker (Takara Co. Ltd.) intends to begin building electric cars. Not toys, real cars, that can be driven on the highway. They also make karaoke systems, robots that open beer cans, and remote operated cars for young adults. > >---------------------------------------------------------------- -------------- > > LEADING INDICATORS > Latest report (for Dec) shows 8 of the 10 components rising, overall rate up 1.2%. This is the third monthly improvement (largest since 1996), and combined with the 0.8% gain in Nov, is the largest two month gain since 1992. Best indication from this is no Fed rate cut Jan 30. Since expectation of another 25 basis point cut is already priced into the market, this could be bad, but likely more than offset by an upbeat Greenspan. Mr. Greenspan address to Congress on Thursday did clarify, as some rumors suggest his words on Jan 11 were taken as more bearish and concerned about the economy than he intended. The coincident indicators, BTW, which measure current economic activity, reversed to the positive in December, up 0.1% after a drop of 0.3% in November. Still, I am now expecting the Q4 GDP will end up being a negative number, confirming that we had (note the past tense) a recession. >---------------------------------------------------------------- -------------- > > UNEMPLOYMENT > While expectations continue that the overall rate will rise to 6% or higher, it is worth noting that new claims continue to fall, and this week once again were below expectations. The 4 week average, a more reliable indicator, also dipped nearly to 400,000, and continuing claims dropped by 50,000. > >---------------------------------------------------------------- -------------- > > UPCOMING INFLUENCES > This week is full of some major economic reports, plus the meeting of FOMC on Tue/Wed. Monday we get new home sales (industry remains very strong, saw a lot of good looking stocks today), Tuesday is Consumer Confidence and Durable Goods reports, Wednesday we get the first reading on the GDP for Q4, Thursday we get the Personal Income and Spending Report, and Friday we get the Employment Report for January. > >---------------------------------------------------------------- -------------- > > WORLEY'S WATCHLIST WANNABEES > Although the markets didn't seem to do much this week, the population of stocks I am reviewing this week is growing. New highs continue to substantially exceed new lows, and up/down volume seemed to be higher as well. > > As always, Bx is my shorthand for a flat line "B"ase of "x" weeks duration, IMO. Any larger basing pattern I see, such as a cup & handle, double bottom, LLUR, etc., I will state. > > BBY - c&h, handle 5+ weeks on declining volume > BVN - c&h, handle 2 weeks, vol still high, Peruvian firm > CEDC - LLUR > CRFT - B6 > DKWD - volatile LLUR > DLX - amazingly smooth LLUR even tho forecasts not great > ELTE - didn't quite break the pivot on Friday on 2X ADV > EME - nice double bottom, low forecasts, handle trending slightly up on low volume, 5 weeks > EUNI - what a wild ride, can't read the chart, strong forecasts, low price > FCN - LLUR, broke out to the high side of range on volume > FHRX - former LLUR that broke pattern to downside, may now be c&h w/rough 5 week handle > FMAR - high handle to the cup, low price and volume > FRED - LLUR > GFF - LLUR > HCBK - smooth ascent, not sure how to read it but strong earnings forecast and 3 div increases in 3 qtrs > HOV - nice 5 week high handle on a smooth cup, low forecast and latest qtr down slightly > HTRN - high handle on nice cup, good forecast > IART - high side of trading range, volume dropping, strong forecast > MDCI - B4, well under high but good forecast > NLY - B4 > PENN - high handle forming? > PETM - nice LLUR > PFGC - c&h, started b/o Friday, nearly 2X ADV but not past pivot of 36.35 > POSS - B4 > RGIS - B4 > RYAN - LLUR > SCVL - c&h, high handle 3 weeks > STSA - c&h, new handle, selling vol above avg but price holding > TASR - B2, EPS only 55 but earnings forecast 227% > URBN - B5 > WSH - tight B9 despite doing a secondary offering soon after the IPO > WTSLA - B2 > > Happy Hunting, > > > > Tom Worley > stkguru@netside.net > AIM: TexWorley > _________________________________________________________ Do You Yahoo!? Get your free @yahoo.com address at http://mail.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. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] Worley's Weekend Weeview Date: 28 Jan 2002 08:30:28 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_0055_01C1A7D6.0A4D1BB0 Content-Type: multipart/alternative; boundary="----=_NextPart_001_0056_01C1A7D6.0A4D1BB0" ------=_NextPart_001_0056_01C1A7D6.0A4D1BB0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi Ben, You already figured out most of the mystery of LLUR (Lower Left Upper = Right). It is a contribution from a former member of the group, but not = a WON defined chart pattern (altho recently IBD talked about an = "ascending base" which may be similar). DLX is an excellent example of a LLUR. Very steady pattern, even through = the halt after 9/11 attacks. Very tight daily trading range as well. And = just keeps steadily moving up the price chart, even tho earnings = forecasts are anything but robust. Can also be viewed as a trading range = which is steadily moving higher, on more volatile stocks. Best way to view the pattern is to tilt your head about 45 degrees to = the left, and you should then see a long (preferably 12 months but = lately 6 months seems to be working as well) very flat line base. There = should be consistency particularly in the bottom of the trading range. = Many of the LLUR patterns seem to bottom out on the 50 DMA, but you can = play with the DMA lines and find other time periods that may better fit = the chart pattern. As for entry / exit points, depends on whether you are trying to trade = it short term or invest mid to long term. For short term, entry is at = the bottom of the trading range, exit at the high side of the range. For = investing, best to enter at the bottom of the range but can just about = pick any spot if you don't mind the possibility of a short term decline. = In either case, the pattern is pretty sacred. If it violates the = pattern, such as with a sharp breakout up, then your finger should be on = the sell trigger because this pattern generally doesn't create any = nearby support if it fails. Consistency of the pattern is very = important, just as is making sure it also possesses good CANSLIM = character in terms of RS, EPS, etc. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Ben Chilcote=20 To: canslim@lists.xmission.com=20 Sent: Monday, January 28, 2002 8:08 AM Subject: Re: [CANSLIM] Worley's Weekend Weeview Tom, Enjoyed reading your Weekned Weeview. I looked at charts of all the = stocks in your watchlist and I have a question. What does LLUR stand = for? I can see from the charts that it is a stock the is slowly and = constistantly rising staying above the 50DMA. Also, where is the pivot = or buying point for these kinds of stocks? I had seen the chart of DLX = late last fall and was amazed recently to see it still following the = same pattern, so last week I bought some shares of DLX, hoping that the = trend will continue. I suppose this type of stock will not yield = amazing returns but hopefully a longterm steady return.=20 As a new member of the discussion group, I am enjoying reading and = learning from all the emails. Ben ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Saturday, January 26, 2002 9:23 AM Subject: [CANSLIM] Worley's Weekend Weeview LEAVE IT TO THE JAPANESE A Japanese toymaker (Takara Co. Ltd.) intends to begin building = electric cars. Not toys, real cars, that can be driven on the highway. = They also make karaoke systems, robots that open beer cans, and remote = operated cars for young adults. --- LEADING INDICATORS Latest report (for Dec) shows 8 of the 10 components rising, overall = rate up 1.2%. This is the third monthly improvement (largest since = 1996), and combined with the 0.8% gain in Nov, is the largest two month = gain since 1992. Best indication from this is no Fed rate cut Jan 30. = Since expectation of another 25 basis point cut is already priced into = the market, this could be bad, but likely more than offset by an upbeat = Greenspan. Mr. Greenspan address to Congress on Thursday did clarify, as = some rumors suggest his words on Jan 11 were taken as more bearish and = concerned about the economy than he intended. The coincident indicators, = BTW, which measure current economic activity, reversed to the positive = in December, up 0.1% after a drop of 0.3% in November. Still, I am now = expecting the Q4 GDP will end up being a negative number, confirming = that we had (note the past tense) a recession.=20 --- UNEMPLOYMENT While expectations continue that the overall rate will rise to 6% or = higher, it is worth noting that new claims continue to fall, and this = week once again were below expectations. The 4 week average, a more = reliable indicator, also dipped nearly to 400,000, and continuing claims = dropped by 50,000.=20 --- UPCOMING INFLUENCES This week is full of some major economic reports, plus the meeting = of FOMC on Tue/Wed. Monday we get new home sales (industry remains very = strong, saw a lot of good looking stocks today), Tuesday is Consumer = Confidence and Durable Goods reports, Wednesday we get the first reading = on the GDP for Q4, Thursday we get the Personal Income and Spending = Report, and Friday we get the Employment Report for January. --- WORLEY'S WATCHLIST WANNABEES Although the markets didn't seem to do much this week, the = population of stocks I am reviewing this week is growing. New highs = continue to substantially exceed new lows, and up/down volume seemed to = be higher as well. As always, Bx is my shorthand for a flat line "B"ase of "x" weeks = duration, IMO. Any larger basing pattern I see, such as a cup & handle, = double bottom, LLUR, etc., I will state. BBY - c&h, handle 5+ weeks on declining volume BVN - c&h, handle 2 weeks, vol still high, Peruvian firm CEDC - LLUR CRFT - B6 DKWD - volatile LLUR DLX - amazingly smooth LLUR even tho forecasts not great ELTE - didn't quite break the pivot on Friday on 2X ADV EME - nice double bottom, low forecasts, handle trending slightly up = on low volume, 5 weeks EUNI - what a wild ride, can't read the chart, strong forecasts, low = price FCN - LLUR, broke out to the high side of range on volume FHRX - former LLUR that broke pattern to downside, may now be c&h = w/rough 5 week handle FMAR - high handle to the cup, low price and volume FRED - LLUR GFF - LLUR HCBK - smooth ascent, not sure how to read it but strong earnings = forecast and 3 div increases in 3 qtrs HOV - nice 5 week high handle on a smooth cup, low forecast and = latest qtr down slightly HTRN - high handle on nice cup, good forecast IART - high side of trading range, volume dropping, strong forecast MDCI - B4, well under high but good forecast NLY - B4 PENN - high handle forming? PETM - nice LLUR PFGC - c&h, started b/o Friday, nearly 2X ADV but not past pivot of = 36.35 POSS - B4 RGIS - B4 RYAN - LLUR SCVL - c&h, high handle 3 weeks STSA - c&h, new handle, selling vol above avg but price holding TASR - B2, EPS only 55 but earnings forecast 227% URBN - B5 WSH - tight B9 despite doing a secondary offering soon after the IPO WTSLA - B2 Happy Hunting, Tom Worley stkguru@netside.net AIM: TexWorley ------=_NextPart_001_0056_01C1A7D6.0A4D1BB0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Hi Ben,
 
You already figured out most of the mystery of = LLUR (Lower=20 Left Upper Right). It is a contribution from a former member of the = group, but=20 not a WON defined chart pattern (altho recently IBD talked about an = "ascending=20 base" which may be similar).
 
DLX is an excellent example of a LLUR. Very = steady=20 pattern, even through the halt after 9/11 attacks. Very tight daily = trading=20 range as well. And just keeps steadily moving up the price chart, even = tho=20 earnings forecasts are anything but robust. Can also be viewed as a = trading=20 range which is steadily moving higher, on more volatile = stocks.
 
Best way to view the pattern is to tilt your = head about 45=20 degrees to the left, and you should then see a long (preferably 12 = months but=20 lately 6 months seems to be working as well) very flat line base. There = should=20 be consistency particularly in the bottom of the trading range. Many of = the LLUR=20 patterns seem to bottom out on the 50 DMA, but you can play with the DMA = lines=20 and find other time periods that may better fit the chart = pattern.
 
As for entry / exit points, depends on whether = you are=20 trying to trade it short term or invest mid to long term. For short = term, entry=20 is at the bottom of the trading range, exit at the high side of the = range. For=20 investing, best to enter at the bottom of the range but can just about = pick any=20 spot if you don't mind the possibility of a short term decline. In = either case,=20 the pattern is pretty sacred. If it violates the pattern, such as with a = sharp=20 breakout up, then your finger should be on the sell trigger because this = pattern=20 generally doesn't create any nearby support if it fails. Consistency of = the=20 pattern is very important, just as is making sure it also possesses good = CANSLIM=20 character in terms of RS, EPS, etc.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Ben=20 Chilcote
Sent: Monday, January 28, 2002 = 8:08=20 AM
Subject: Re: [CANSLIM] Worley's = Weekend=20 Weeview

Tom,
Enjoyed reading your Weekned = Weeview.  I=20 looked at charts of all the stocks in your watchlist and I have a=20 question.  What does LLUR stand for?  I can see from the = charts that=20 it is a stock the is slowly and constistantly rising staying above the = 50DMA.  Also, where is the pivot or buying point for these kinds = of=20 stocks?  I had seen the chart of DLX late last fall and was = amazed=20 recently to see it still following the same pattern, so last week I = bought=20 some shares of DLX, hoping that the trend will continue.  I = suppose this=20 type of stock will not yield amazing returns but hopefully a longterm = steady=20 return.
 
As a new member of the discussion = group, I am=20 enjoying reading and learning from all the emails.
Ben
----- Original Message -----
From:=20 Tom=20 Worley
Sent: Saturday, January 26, = 2002 9:23=20 AM
Subject: [CANSLIM] Worley's = Weekend=20 Weeview

LEAVE IT TO THE = JAPANESE
A Japanese toymaker (Takara Co. Ltd.) = intends to begin=20 building electric cars. Not toys, real cars, that can be driven on = the=20 highway. They also make karaoke systems, robots that open beer cans, = and=20 remote operated cars for young adults.
LEADING INDICATORS
Latest report (for Dec) shows 8 of the 10 components rising, = overall=20 rate up 1.2%. This is the third monthly improvement (largest since = 1996),=20 and combined with the 0.8% gain in Nov, is the largest two month = gain since=20 1992. Best indication from this is no Fed rate cut Jan 30. Since = expectation=20 of another 25 basis point cut is already priced into the market, = this could=20 be bad, but likely more than offset by an upbeat Greenspan. Mr. = Greenspan=20 address to Congress on Thursday did clarify, as some rumors = suggest his=20 words on Jan 11 were taken as more bearish and concerned = about the=20 economy than he intended. The coincident indicators, BTW, which = measure=20 current economic activity, reversed to the positive in December, up = 0.1%=20 after a drop of 0.3% in November. Still, I am now expecting the Q4 = GDP will=20 end up being a negative number, confirming that we had (note the = past tense)=20 a recession.=20
UNEMPLOYMENT
While expectations continue that the overall rate will rise to = 6% or=20 higher, it is worth noting that new claims continue to fall, and = this week=20 once again were below expectations. The 4 week average, a more = reliable=20 indicator, also dipped nearly to 400,000, and continuing claims = dropped by=20 50,000.
UPCOMING INFLUENCES
This week is full of some major economic reports, plus the = meeting of=20 FOMC on Tue/Wed. Monday we get new home sales (industry remains very = strong,=20 saw a lot of good looking stocks today), Tuesday is Consumer = Confidence and=20 Durable Goods reports, Wednesday we get the first reading on the GDP = for Q4,=20 Thursday we get the Personal Income and Spending Report, and Friday = we get=20 the Employment Report for January.
WORLEY'S WATCHLIST WANNABEES
Although the markets didn't seem to do much this week, the = population=20 of stocks I am reviewing this week is growing. New highs continue to = substantially exceed new lows, and up/down volume seemed to be = higher as=20 well.
 
As always, Bx is my shorthand for a flat line "B"ase of "x" = weeks=20 duration, IMO. Any larger basing pattern I see, such as a cup & = handle,=20 double bottom, LLUR, etc., I will state.
 
BBY - c&h, handle 5+ weeks on declining volume
BVN - c&h, handle 2 weeks, vol still high, Peruvian = firm
CEDC - LLUR
CRFT - B6
DKWD - volatile LLUR
DLX - amazingly smooth LLUR even tho forecasts not great
ELTE - didn't quite break the pivot on Friday on 2X ADV
EME - nice double bottom, low forecasts, handle trending = slightly up on=20 low volume, 5 weeks
EUNI - what a wild ride, can't read the chart, strong = forecasts, low=20 price
FCN - LLUR, broke out to the high side of range on volume
FHRX - former LLUR that broke pattern to downside, may now be = c&h=20 w/rough 5 week handle
FMAR - high handle to the cup, low price and volume
FRED - LLUR
GFF - LLUR
HCBK - smooth ascent, not sure how to read it but strong = earnings=20 forecast and 3 div increases in 3 qtrs
HOV - nice 5 week high handle on a smooth cup, low forecast and = latest=20 qtr down slightly
HTRN - high handle on nice cup, good forecast
IART - high side of trading range, volume dropping, strong=20 forecast
MDCI - B4, well under high but good forecast
NLY - B4
PENN - high handle forming?
PETM - nice LLUR
PFGC - c&h, started b/o Friday, nearly 2X ADV but not past = pivot of=20 36.35
POSS - B4
RGIS - B4
RYAN - LLUR
SCVL - c&h, high handle 3 weeks
STSA - c&h, new handle, selling vol above avg but price=20 holding
TASR - B2, EPS only 55 but earnings forecast 227%
URBN - B5
WSH - tight B9 despite doing a secondary offering soon after = the=20 IPO
WTSLA - B2
 
Happy Hunting,
 
3D""
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
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Do not use quotes in your email. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: [CANSLIM] ROOM Date: 28 Jan 2002 15:34:37 +0100 Room is going to break out .... Good numbers and rised guidance ... - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: AW: [CANSLIM] ROOM Date: 28 Jan 2002 15:41:05 +0100 beautifull > -----Ursprungliche Nachricht----- > Von: Andreas Himmelreich [SMTP:judgejimmy@web.de] > Gesendet am: Monday, January 28, 2002 3:35 PM > An: 'canslim@lists.xmission.com' > Betreff: [CANSLIM] ROOM > > Room is going to break out .... > Good numbers and rised guidance ... > > > > - > -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. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] ROOM Date: 28 Jan 2002 10:07:16 -0500 nice catch, Andreas 16% gain today already on 5X ADV Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message ----- Sent: Monday, January 28, 2002 9:41 AM > beautifull > > > -----Ursprungliche Nachricht----- > > Von: Andreas Himmelreich [SMTP:judgejimmy@web.de] > > Gesendet am: Monday, January 28, 2002 3:35 PM > > An: 'canslim@lists.xmission.com' > > Betreff: [CANSLIM] ROOM > > > > Room is going to break out .... > > Good numbers and rised guidance ... > > > > > > > > - > > -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. ------------------------------------------------------------------------------- From: Warren Keuffel Subject: [CANSLIM] CHBS Date: 28 Jan 2002 10:32:32 -0700 CANSLIMers -- What do you make of CHBS? The fundies are good, and it has (or had) a C&H with a nice handle, but now there is upward activity from the handle base but not on good volume. Should the pattern of the handle disqualify the stock from consideration as a CANSLIM candidate? Thanks, Warren - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Spencer48@aol.com Subject: Re: [CANSLIM] CHBS Date: 28 Jan 2002 16:27:15 EST Warren: These are just my opinions based on my understanding of WON's CANSLIM=20 ideas: To me it does not yet invalidate the C&H formation. If the handle=20 wedged upward, then CHBS would invalidated as a CANSLIM candidate. Or if it= =20 BO above its pivot point (about 34=BE) on lowish volume, then it also would=20= not=20 be CANSLIMMISH. Sometimes a stock will rise to its pivot point on low volume. If the=20 market is in a bull, the stock will break out with high volume. If it is in= =20 a bear (or consolidating) the stock probably will fall into a base-on-base,=20 or another handle consolidation. To identify that the stock is still strong= ,=20 look at the volume. It should be low. The Big Picture on 1/28/02 gives wha= t=20 I believe is apropos counsel: =20 "Now is a good time to search for stocks with strong fundmentals. Loo= k=20 at IBD's yellow highlighted stocks; NY and NASDAQ Where The Big Money Is=20 Flowing and Stocks In The News; Weekend Review. 1) See if the buy candidate= =20 has more up weeks in above average volume than down weeks in above average=20 volume (ie. the stock has more up weeks than downs, and the ups were=20 generally on above average volume). 2) Also note that the stock should ten= d=20 to close in the upper half of each week's trading range. 3) See if the base= s=20 are areas of tight trading ranges and closes. ALL OF THESE TRAITS PAINT A=20 PICTURE OF INSTITUTIONS ACCUMULATING THE STOCK. IT STANDS TO REASON THAT IF= =20 THEY SUPPORT THE STOCK DURING ITS BASING PHASE, THAT THEY WILL BE MORE LIKEL= Y=20 TO BE HEAVY BUYERS WHEN THE STOCK BREAKS OUT." Also, another way to judge the strength of the stock: Notice that the=20 RS line (in DGO) is strongish today (ie. it is trending up, and is at least=20 as high as it was at the left lip of the cup. jans=20 In a message dated 1/28/2002 12:30:34 PM Eastern Standard Time,=20 wkeuffel@xmission.com writes: << CANSLIMers -- =20 What do you make of CHBS? The fundies are good, and it has (or had) a=20 C&H with a nice handle, but now there is upward activity from the handle=20 base but not on good volume. Should the pattern of the handle=20 disqualify the stock from consideration as a CANSLIM candidate? =20 Thanks, Warren >> - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: [CANSLIM] Another Andersen client Date: 28 Jan 2002 20:34:20 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_0088_01C1A83B.2A405300 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Global Crossing Ltd (GX) just filed for bankruptcy as a preplanned = reorganization in which two of its Asian partners will buy the assets = for $750 million. Closed today at 28 cents, down 23 cents for the day on = NYSE (gotta be embarrassing to NYSE, ENE was the record bankruptcy, GX = is #4, and that's just this month). I am sure it's a coincidence, but = for year 2000 Andersen billed them $2.3 million for audit services, and = nearly $12 million for consulting and other non-audit services. I am = sure that couldn't have biased Andersen in any way, of course. Common and preferred shareholders lose everything, including Management = reported still owning 14%. Then again, there was some insider selling = last May when the stock was still in the mid-teens, as well as some = buying in October when it traded $1-3. Anybody know a place on the net where I can find a list of Andersen's = clients, showing billing by Audit and non-Audit services? I would like = to do some shorting. There seems to be a pattern emerging here. The = Chairman of Andersen says the firm will survive, but I am not sure that = is good news for investors. Tom Worley stkguru@netside.net AIM: TexWorley ------=_NextPart_000_0088_01C1A83B.2A405300 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Global Crossing Ltd (GX) just filed for = bankruptcy as=20 a preplanned reorganization in which two of its Asian partners will buy = the=20 assets for $750 million. Closed today at 28 cents, down 23 cents for the = day on=20 NYSE (gotta be embarrassing to NYSE, ENE was the record bankruptcy, GX = is #4,=20 and that's just this month). I am sure it's a coincidence, but for year = 2000=20 Andersen billed them $2.3 million for audit services, and nearly $12 = million for=20 consulting and other non-audit services. I am sure that couldn't have = biased=20 Andersen in any way, of course.
 
Common and preferred shareholders lose = everything,=20 including Management reported still owning 14%. Then again, there was = some=20 insider selling last May when the stock was still in the mid-teens, as = well as=20 some buying in October when it traded $1-3.
 
Anybody know a place on the net where I can find = a list of=20 Andersen's clients, showing billing by Audit and non-Audit services? I = would=20 like to do some shorting. There seems to be a pattern emerging here. The = Chairman of Andersen says the firm will survive, but I am not sure that = is good=20 news for investors.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
------=_NextPart_000_0088_01C1A83B.2A405300-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Warren Keuffel Subject: Re: [CANSLIM] CHBS Date: 28 Jan 2002 19:21:15 -0700 Thanks. Someone (who wishes to remain anonymous) pointed out that CHBS has 93% institutional ownership (99% of the float!) and therefore concludes that there is little further room for the big money to move in. Sounds logical to me. Anyway I also discovered that a small-cap mutual fund that I invest in is the 2nd largest institutional holder of CHBS, so I am already getting a piece of that action. Warren Spencer48@aol.com wrote: >Warren: > > These are just my opinions based on my understanding of WON's CANSLIM >ideas: To me it does not yet invalidate the C&H formation. If the handle >wedged upward, then CHBS would invalidated as a CANSLIM candidate. Or if it >BO above its pivot point (about 34¾) on lowish volume, then it also would not >be CANSLIMMISH. > > Sometimes a stock will rise to its pivot point on low volume. If the >market is in a bull, the stock will break out with high volume. If it is in >a bear (or consolidating) the stock probably will fall into a base-on-base, >or another handle consolidation. To identify that the stock is still strong, >look at the volume. It should be low. The Big Picture on 1/28/02 gives what >I believe is apropos counsel: > "Now is a good time to search for stocks with strong fundmentals. Look >at IBD's yellow highlighted stocks; NY and NASDAQ Where The Big Money Is >Flowing and Stocks In The News; Weekend Review. 1) See if the buy candidate >has more up weeks in above average volume than down weeks in above average >volume (ie. the stock has more up weeks than downs, and the ups were >generally on above average volume). 2) Also note that the stock should tend >to close in the upper half of each week's trading range. 3) See if the bases >are areas of tight trading ranges and closes. ALL OF THESE TRAITS PAINT A >PICTURE OF INSTITUTIONS ACCUMULATING THE STOCK. IT STANDS TO REASON THAT IF >THEY SUPPORT THE STOCK DURING ITS BASING PHASE, THAT THEY WILL BE MORE LIKELY >TO BE HEAVY BUYERS WHEN THE STOCK BREAKS OUT." > > Also, another way to judge the strength of the stock: Notice that the >RS line (in DGO) is strongish today (ie. it is trending up, and is at least >as high as it was at the left lip of the cup. > >jans > > >In a message dated 1/28/2002 12:30:34 PM Eastern Standard Time, >wkeuffel@xmission.com writes: > ><< CANSLIMers -- > > What do you make of CHBS? The fundies are good, and it has (or had) a > C&H with a nice handle, but now there is upward activity from the handle > base but not on good volume. Should the pattern of the handle > disqualify the stock from consideration as a CANSLIM candidate? > > Thanks, > Warren >> > >- >-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. ------------------------------------------------------------------------------- From: "Patrick Wahl" Subject: Re: [CANSLIM] Another Andersen client Date: 28 Jan 2002 19:22:54 -0700 Since I just saw an interesting discussion about analysts on CNBC, and for the most part their failing to be on top of the Enron debacle, I looked up the ratings on GX at Yahoo. There is 1 strong buy, 1 buy, 7 holds, and 2 sells. The fact that there are any sells is surprising, that indicates how much trouble they are in. (the discussion on CNBC, incidentally, was with a former energy analyst. He is out of Wall Street now, so he spoke fairly candidly. Said in the 1970's brokers got much of their money from retail customers, so their sense of obligation was for providing good research to their clients. Lately, much of the business for larger brokerage houses comes from underwriting, so they tend to have loyalty towards companies they are supposedly providing objective opinions about. In a nutshell, the advice isn't necessarily going to be trustworthy.) On 28 Jan 2002 at 20:34, Tom Worley wrote: > Global Crossing Ltd (GX) just filed for bankruptcy as a preplanned reorganization in which two of its Asian partners will buy the assets for $750 million. Closed today at 28 cents, down 23 cents for the day on NYSE (gotta be embarrassing to NYSE, ENE was the record bankruptcy, GX is #4, and that's just this month). I am sure it's a coincidence, but for year 2000 Andersen billed them $2.3 million for audit services, and nearly $12 million for consulting and other non-audit services. I am sure that couldn't have biased Andersen in any way, of course. > > Common and preferred shareholders lose everything, including Management reported still owning 14%. Then again, there was some insider selling last May when the stock was still in the mid-teens, as well as some buying in October when it traded $1-3. > > Anybody know a place on the net where I can find a list of Andersen's clients, showing billing by Audit and non-Audit services? I would like to do some shorting. There seems to be a pattern emerging here. The Chairman of Andersen says the firm will survive, but I am not sure that is good news for investors. > > Tom Worley > stkguru@netside.net > AIM: TexWorley > - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Mike Gibbons" Subject: RE: [CANSLIM] Another Andersen client Date: 28 Jan 2002 16:31:54 -1000 This is a multi-part message in MIME format. ------=_NextPart_000_000E_01C1A819.4BD3B920 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: 7bit Tom, Andersen's chairman could hardly say anything else, or all their existing clients would head for the door, just as some of them have reportedly done already. I think their future is in doubt and they certainly risk losing key partners and staff because the malodour of working for Andersen's is not one they will all want to bear. Their future is probably to become a second or third tier firm, or be merged into what will become the big 4. The implication of your post is that bankruptcies are somehow linked to the auditor but I find that a bit of a stretch, despite the circumstantial evidence you cite. Management and the Board, together with market conditions, must surely bear the responsibility for a company going belly-up. The Auditors role is not to tell management where their policies may lead the company to failure, in fact questioning management is something they are loath to do. Andersens would appear to have failed in their fiduciary responsibility to shareholders in the Enron case (although I think we should consider them innocent until proven guilty), but I have seen no evidence that in doing so they contributed to Enron's collapse. Last Friday, All Things Considered (NPR) had a story about how some analysts had been shorting Enron stock, or refused to recommend it, because their numbers were non-sensical. You can hear it here http://www.npr.org/ramfiles/atc/20020125.atc.10.ram As for answering your question about data sources, I have no idea. Because the Accounting firms are partnerships, they have no responsibility to publish such information and clearly have an interest in holding it closely, so I doubt it is available. Aloha, Mike Gibbons Proactive Technologies, LLC http://www.proactech.com -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Tom Worley Sent: Monday, January 28, 2002 3:34 PM To: canslim@lists.xmission.com Subject: [CANSLIM] Another Andersen client Global Crossing Ltd (GX) just filed for bankruptcy as a preplanned reorganization in which two of its Asian partners will buy the assets for $750 million. Closed today at 28 cents, down 23 cents for the day on NYSE (gotta be embarrassing to NYSE, ENE was the record bankruptcy, GX is #4, and that's just this month). I am sure it's a coincidence, but for year 2000 Andersen billed them $2.3 million for audit services, and nearly $12 million for consulting and other non-audit services. I am sure that couldn't have biased Andersen in any way, of course. Common and preferred shareholders lose everything, including Management reported still owning 14%. Then again, there was some insider selling last May when the stock was still in the mid-teens, as well as some buying in October when it traded $1-3. Anybody know a place on the net where I can find a list of Andersen's clients, showing billing by Audit and non-Audit services? I would like to do some shorting. There seems to be a pattern emerging here. The Chairman of Andersen says the firm will survive, but I am not sure that is good news for investors. Tom Worley stkguru@netside.net AIM: TexWorley ------=_NextPart_000_000E_01C1A819.4BD3B920 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Tom,
 
Andersen's chairman could hardly say anything = else, or=20 all their existing clients would head for the door, just as some of them = have=20 reportedly done already. I think their future is in doubt and they = certainly=20 risk losing key partners and staff because the malodour of working for=20 Andersen's is not one they will all want to bear. Their future is = probably to=20 become a second or third tier firm, or be merged into what will = become the=20 big 4.
 
The=20 implication of your post is that bankruptcies are somehow linked to the = auditor=20 but I find that a bit of a stretch, despite the circumstantial evidence = you=20 cite. Management and the Board, together with market conditions, must = surely=20 bear the responsibility for a company going belly-up. The Auditors role = is not=20 to tell management where their policies may lead the company to failure, = in fact=20 questioning management is something they are loath to do. Andersens = would appear=20 to have failed in their fiduciary responsibility to shareholders in the = Enron=20 case (although I think we should consider them innocent until proven = guilty),=20 but I have seen no evidence that in doing so they contributed to Enron's = collapse.
 
Last=20 Friday, All Things Considered (NPR) had a story about how some analysts = had been=20 shorting Enron stock, or refused to recommend it, because their numbers = were=20 non-sensical. You can hear it here http://www.n= pr.org/ramfiles/atc/20020125.atc.10.ram
 
As for=20 answering your question about data sources, I have no idea. Because the=20 Accounting firms are partnerships, they have no responsibility to = publish such=20 information and clearly have an interest in holding it closely, so I = doubt it is=20 available.
 
Aloha,
 
Mike Gibbons
Proactive Technologies, = LLC
http://www.proactech.com
-----Original Message-----
From:=20 owner-canslim@lists.xmission.com=20 [mailto:owner-canslim@lists.xmission.com]On Behalf Of Tom=20 Worley
Sent: Monday, January 28, 2002 3:34 PM
To:=20 canslim@lists.xmission.com
Subject: [CANSLIM] Another = Andersen=20 client

Global Crossing Ltd (GX) just filed for = bankruptcy=20 as a preplanned reorganization in which two of its Asian partners will = buy the=20 assets for $750 million. Closed today at 28 cents, down 23 cents for = the day=20 on NYSE (gotta be embarrassing to NYSE, ENE was the record bankruptcy, = GX is=20 #4, and that's just this month). I am sure it's a coincidence, but for = year=20 2000 Andersen billed them $2.3 million for audit services, and nearly = $12=20 million for consulting and other non-audit services. I am sure that = couldn't=20 have biased Andersen in any way, of course.
 
Common and preferred shareholders lose = everything,=20 including Management reported still owning 14%. Then again, there was = some=20 insider selling last May when the stock was still in the mid-teens, as = well as=20 some buying in October when it traded $1-3.
 
Anybody know a place on the net where I can = find a list=20 of Andersen's clients, showing billing by Audit and non-Audit = services? I=20 would like to do some shorting. There seems to be a pattern emerging = here. The=20 Chairman of Andersen says the firm will survive, but I am not sure = that is=20 good news for investors.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
------=_NextPart_000_000E_01C1A819.4BD3B920-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Mike Gibbons" Subject: RE: [CANSLIM] Another Andersen client Date: 28 Jan 2002 16:37:38 -1000 Yes, commissions were deregulated in the 70's and competition and the internet have driven them ever lower making the investment banks dependant on thier corporate instead of retail clients. An example of the unintended consequences of deregulation. Every silver lining has a cloud. Aloha, Mike Gibbons -----Original Message----- [mailto:owner-canslim@lists.xmission.com]On Behalf Of Patrick Wahl Sent: Monday, January 28, 2002 4:23 PM Since I just saw an interesting discussion about analysts on CNBC, and for the most part their failing to be on top of the Enron debacle, I looked up the ratings on GX at Yahoo. There is 1 strong buy, 1 buy, 7 holds, and 2 sells. The fact that there are any sells is surprising, that indicates how much trouble they are in. (the discussion on CNBC, incidentally, was with a former energy analyst. He is out of Wall Street now, so he spoke fairly candidly. Said in the 1970's brokers got much of their money from retail customers, so their sense of obligation was for providing good research to their clients. Lately, much of the business for larger brokerage houses comes from underwriting, so they tend to have loyalty towards companies they are supposedly providing objective opinions about. In a nutshell, the advice isn't necessarily going to be trustworthy.) On 28 Jan 2002 at 20:34, Tom Worley wrote: > Global Crossing Ltd (GX) just filed for bankruptcy as a preplanned reorganization in which two of its Asian partners will buy the assets for $750 million. Closed today at 28 cents, down 23 cents for the day on NYSE (gotta be embarrassing to NYSE, ENE was the record bankruptcy, GX is #4, and that's just this month). I am sure it's a coincidence, but for year 2000 Andersen billed them $2.3 million for audit services, and nearly $12 million for consulting and other non-audit services. I am sure that couldn't have biased Andersen in any way, of course. > > Common and preferred shareholders lose everything, including Management reported still owning 14%. Then again, there was some insider selling last May when the stock was still in the mid-teens, as well as some buying in October when it traded $1-3. > > Anybody know a place on the net where I can find a list of Andersen's clients, showing billing by Audit and non-Audit services? I would like to do some shorting. There seems to be a pattern emerging here. The Chairman of Andersen says the firm will survive, but I am not sure that is good news for investors. > > Tom Worley > stkguru@netside.net > AIM: TexWorley > - -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. ------------------------------------------------------------------------------- From: Spencer48@aol.com Subject: Re: [CANSLIM] CHBS Date: 28 Jan 2002 21:56:47 EST Warren: In DGO, Funds own 39% (not 93%) of the stock float. Banks own 16%, and management owns 8%. Thus 61% of CHBS' float is neither owned by funds nor management. jans In a message dated 1/28/2002 9:19:39 PM Eastern Standard Time, wkeuffel@xmission.com writes: << Thanks. Someone (who wishes to remain anonymous) pointed out that CHBS has 93% institutional ownership (99% of the float!) and therefore concludes that there is little further room for the big money to move in. Sounds logical to me. Anyway I also discovered that a small-cap mutual fund that I invest in is the 2nd largest institutional holder of CHBS, so I am already getting a piece of that action. Warren >> - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Spencer48@aol.com Subject: Re: [CANSLIM] Another Andersen client Date: 28 Jan 2002 22:18:40 EST Mike: I agree. Anderson cannot be held accountable (no pun intended) for Enron's lousy economic plan or planning. However, not only is their an apparent conflict of interest when the auditor is also a consultant, but also it is difficult to believe that the consultants at Anderson and the auditors at Anderson do not speak to each other. The upshot is that an incentive is given to the auditor to not scrutinize Enron (so Anderson continues to get the Anderson Auditing Account), and to the consultant to bamboozle the auditor the best he can. So each has a motivation to not accurately reflect the financial condition of Enron. And, of course, their motivation is magnified by the pressure elicited by the fees and commission paid out to Anderson which employs each of them. This sort of fraud can affect the capital markets so that people can become afraid to invest in the stock market because they feel the markets are not run on the square. If that happens, and the little investor no longer buys stock (either on the retail level or in mutual funds), then market is in for a definite swoon. jans In a message dated 1/28/2002 9:29:10 PM Eastern Standard Time, mikegibbons@proactech.com writes: << The implication of your post is that bankruptcies are somehow linked to the auditor but I find that a bit of a stretch, despite the circumstantial evidence you cite. Management and the Board, together with market conditions, must surely bear the responsibility for a company going belly-up. The Auditors role is not to tell management where their policies may lead the company to failure, in fact questioning management is something they are loath to do. Andersens would appear to have failed in their fiduciary responsibility to shareholders in the Enron case (although I think we should consider them innocent until proven guilty), but I have seen no evidence that in doing so they contributed to Enron's collapse. >> - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] CHBS Date: 28 Jan 2002 21:20:44 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_0069_01C1A841.A5885340 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi Warren and jans, DGO is a little obtuse on these numbers, so here's how they fall into = place: Outstanding shares =3D 24.7m Management/Insiders own 8% of the *outstanding* shares (1.9m) The remaining 92% of outstanding shares are in float (22.8m) Institutions (banks/funds) owns 39 + 16% =3D 55% of the *float* (12.5m) Everybody else owns 45% of the float (10.3m) Either way, institutional ownership is on the high side! Katherine ----- Original Message -----=20 From: Spencer48@aol.com=20 To: canslim@lists.xmission.com=20 Sent: Monday, January 28, 2002 8:56 PM Subject: Re: [CANSLIM] CHBS Warren: In DGO, Funds own 39% (not 93%) of the stock float. Banks own = 16%, and=20 management owns 8%. Thus 61% of CHBS' float is neither owned by funds = nor=20 management. jans In a message dated 1/28/2002 9:19:39 PM Eastern Standard Time,=20 wkeuffel@xmission.com writes: << Thanks. Someone (who wishes to remain anonymous) pointed out that = CHBS=20 has 93% institutional ownership (99% of the float!) and therefore=20 concludes that there is little further room for the big money to move = in. Sounds logical to me. Anyway I also discovered that a small-cap = mutual fund that I invest in is the 2nd largest institutional holder = of=20 CHBS, so I am already getting a piece of that action. =20 Warren >> - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------=_NextPart_000_0069_01C1A841.A5885340 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Hi Warren and jans,
 
DGO is a little obtuse on these numbers, so here's how they fall = into=20 place:
 
Outstanding shares =3D 24.7m
Management/Insiders own 8% of the *outstanding* shares (1.9m)
The remaining 92% of outstanding shares are in float (22.8m)
 
Institutions (banks/funds) owns 39 + 16% =3D 55% of the *float* = (12.5m)
Everybody else owns 45% of the float (10.3m)
 
Either way, institutional ownership is on the high side!
 
Katherine
----- Original Message -----
From:=20 Spencer48@aol.com
Sent: Monday, January 28, 2002 = 8:56=20 PM
Subject: Re: [CANSLIM] = CHBS

Warren:

     In DGO, Funds = own 39%=20 (not 93%) of the stock float.  Banks own 16%, and
management = owns=20 8%.  Thus 61% of CHBS' float is neither owned by funds nor=20
management.

jans


In a message dated 1/28/2002 = 9:19:39 PM=20 Eastern Standard Time,
wkeuffel@xmission.com=20 writes:

<< Thanks.  Someone (who wishes to remain = anonymous)=20 pointed out that CHBS
 has 93% institutional ownership (99% = of the=20 float!) and therefore
 concludes that there is little further = room=20 for the big money to move
 in.  Sounds logical to = me. =20 Anyway I also discovered that a small-cap
 mutual fund that I = invest=20 in is the 2nd largest institutional holder of
 CHBS, so I am = already=20 getting a piece of that action.
 
 Warren
 =20 >>

-
-To subscribe/unsubscribe, email "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your email. ------=_NextPart_000_0069_01C1A841.A5885340-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Bert Pesak" Subject: [CANSLIM] CHBS Date: 28 Jan 2002 22:20:26 -0500 FWIW I just check the profile of CHBS on yahoo and it does say that 93% is instutional owned. Bert Pesak - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Spencer48@aol.com Subject: Re: [CANSLIM] Another Andersen client Date: 28 Jan 2002 22:32:34 EST Mike: I'm not certain what you're saying here. Is the conclusion suppose to be that deregulation and increased competition led to the Enron debacle? But, if so, and if dereg began in the 70's, why did it take 30 years for a financial catastrophe like this one to occur? And if it didn't take 30 years-what was the first one? And does the go-go era of the 90's (stock market wise) evince convincing contrary evidence that dereg and increased competition in commisssions is a bad thing? Moreover, I'd hazard that a lot of people including corporate accounts and investment bank officers lost money in Enron. That's why it plummeted the way it did-because everyone was selling, and no one (except perhaps Anderson auditors, and certain officials in Enron) had any idea-since the losses were off the books-why. jans In a message dated 1/28/2002 9:36:18 PM Eastern Standard Time, mikegibbons@proactech.com writes: << Yes, commissions were deregulated in the 70's and competition and the internet have driven them ever lower making the investment banks dependant on thier corporate instead of retail clients. An example of the unintended consequences of deregulation. Every silver lining has a cloud. >> - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] CHBS Date: 28 Jan 2002 21:34:46 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_007D_01C1A843.9B14EE80 Content-Type: text/plain; charset="Windows-1252" Content-Transfer-Encoding: quoted-printable Bert and all, I'm going to take a guess that Yahoo's numbers haven't been adjusted to = account for the recent 3/2 split. If they haven't increased the = outstanding shares in the denominator, it would account for the odd 93% = and the discrepancy we're seeing. I'll bet on DGO's numbers over Yahoo, = as they are quite diligent in their research and updating. Katherine ----- Original Message -----=20 From: Bert Pesak=20 To: canslim@lists.xmission.com=20 Sent: Monday, January 28, 2002 9:20 PM Subject: [CANSLIM] CHBS FWIW I just check the profile of CHBS on yahoo and it does say that 93% is instutional owned. Bert Pesak - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------=_NextPart_000_007D_01C1A843.9B14EE80 Content-Type: text/html; charset="Windows-1252" Content-Transfer-Encoding: quoted-printable
Bert and all,
 
I'm going to take a guess that Yahoo's numbers haven't been = adjusted to=20 account for the recent 3/2 split. If they haven't increased the = outstanding=20 shares in the denominator, it would account for the odd 93% and the = discrepancy=20 we're seeing. I'll bet on DGO's numbers over Yahoo, as they are quite = diligent=20 in their research and updating.
 
Katherine
----- Original Message -----
From:=20 Bert = Pesak=20
Sent: Monday, January 28, 2002 = 9:20=20 PM
Subject: [CANSLIM] CHBS

FWIW
I just check the profile of CHBS on yahoo and = it does=20 say that 93% is
instutional owned.
Bert = Pesak



-
-To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your email. ------=_NextPart_000_007D_01C1A843.9B14EE80-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Spencer48@aol.com Subject: Re: [CANSLIM] CHBS Date: 28 Jan 2002 22:42:18 EST Warren and Jans: As usual, Katherine is nearer the mark than either one one of you. I=20 get approximately 53% held by the top institutions and mutuals. This is=20 from Briefing Book.com (put out by the Wall St. Journal): =20 INSTITUTIONAL HOLDINGS =20 Christopher & Banks Corp. (CHBS)=20 =20 Institutions The 10 largest institutional investors Share Holdings =20 Change in Share =20 Holdings* =20 Date =20 Reported =20 =20 LIBERTY WANGER ASSET MGMT L.P. 1,683,000 =20 337,500 =20 9/30/01 =20 =20 =20 WASATCH ADVISORS, INC. 1,316,853 =20 708,858 =20 9/30/01 =20 =20 =20 T. ROWE PRICE ASSOCIATES, INC. 1,173,525 =20 1,173,525 =20 9/30/01 =20 =20 =20 AIM MANAGEMENT GROUP,INC. 836,100 =20 183,150 =20 9/30/01 =20 =20 =20 TAUNUS CORPORATION 729,680 =20 84,137 =20 9/30/01 =20 =20 =20 DIMENSIONAL FD ADVISORS, INC. 671,099 =20 -3,450 =20 9/30/01 =20 =20 =20 PILGRIM BAXTER & ASSOC LTD. 636,638 =20 -98,850 =20 9/30/01 =20 =20 =20 JLF ASSET MANAGEMENT, LLC 579,150 =20 579,150 =20 9/30/01 =20 =20 =20 BARCLAYS BANK PLC 556,695 =20 159,945 =20 9/30/01 =20 =20 =20 DUNCAN-HURST CAPITAL MGMT 513,795 =20 -514,860 =20 9/30/01 =20 =20 =20 =20 =20 =20 Mutual Funds The 10 mutual funds with the largest holdings Share Holdings =20 Change in Share =20 Holdings* =20 Date =20 Reported =20 =20 LIBERTY ACORN FUND 1,275,000 =20 241,500 =20 9/30/01 =20 =20 =20 WASATCH SMALL CAP GROWTH FUND 639,150 =20 639,150 =20 9/30/01 =20 =20 =20 PIMCO MICRO- CAP FUND 450,675 =20 -247,500 =20 6/30/01 =20 =20 =20 AIM SMALL CAPITAL GROWTH FUND 375,000 =20 -45,000 =20 9/30/01 =20 =20 =20 BRAZOS MICRO CAP PORTFOLIO 307,256 =20 88,499 =20 5/31/01 =20 =20 =20 STI CLASSIC SML CAP GR STK FD 300,000 =20 60,000 =20 9/30/01 =20 =20 =20 HARRIS INSIGHT SML CAP OPPTY F 249,150 =20 0 =20 9/30/01 =20 =20 =20 BRIDGEWAY ULTRA SML CO PORT 242,831 =20 -67,500 =20 12/31/00 =20 =20 =20 AIM SMALL CAP OPPORTUNITIES FD 232,500 =20 0 =20 9/30/01 =20 =20 =20 DEUTSCHE ASSET MGMT SML CAP PT 218,400 =20 79,575 =20 9/30/01 =20 =20 =20 =20 *Reflects the change in shares since the prior quarter's disclosure of=20 holdings.=20 =20 Shares are not adjusted for stock splits.=20 =20 Source: Thomson Financial =20 =20 Copyright =A9 2002 Dow Jones & Company, Inc. All Rights Reserved "=20 jans =20 =20 =20 =20 =20 =20 In a message dated 1/28/2002 10:20:21 PM Eastern Standard Time,=20 kmalm@earthlink.net writes: << Hi Warren and jans, =20 DGO is a little obtuse on these numbers, so here's how they fall into place= : =20 Outstanding shares =3D 24.7m Management/Insiders own 8% of the *outstanding* shares (1.9m) The remaining 92% of outstanding shares are in float (22.8m) =20 Institutions (banks/funds) owns 39 + 16% =3D 55% of the *float* (12.5m) Everybody else owns 45% of the float (10.3m) =20 Either way, institutional ownership is on the high side! =20 Katherine >> - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Patrick Wahl" Subject: Re: [CANSLIM] Another Andersen client Date: 28 Jan 2002 21:03:41 -0700 He was replying to my comment on analysts, and how they have changing allegiances since the seventies, when retail customers represented more of the brokerage's income. Enton is unrelated to that, but the fact that most analysts were not warning anyone of the seriousness of the problems (some analysts still had buys on it up to the bankruptcy) may be related to the deregulation. On 28 Jan 2002 at 22:32, Spencer48@aol.com wrote: > Mike: > > I'm not certain what you're saying here. Is the conclusion suppose to > be that deregulation and increased competition led to the Enron debacle? > But, if so, and if dereg began in the 70's, why did it take 30 years for a > financial catastrophe like this one to occur? And if it didn't take 30 > years-what was the first one? > > And does the go-go era of the 90's (stock market wise) evince convincing > contrary evidence that dereg and increased competition in commisssions is a > bad thing? > > Moreover, I'd hazard that a lot of people including corporate accounts > and investment bank officers lost money in Enron. That's why it plummeted > the way it did-because everyone was selling, and no one (except perhaps > Anderson auditors, and certain officials in Enron) had any idea-since the > losses were off the books-why. > > jans > > > > > In a message dated 1/28/2002 9:36:18 PM Eastern Standard Time, > mikegibbons@proactech.com writes: > > << Yes, commissions were deregulated in the 70's and competition and the > internet have driven them ever lower making the investment banks dependant > on thier corporate instead of retail clients. An example of the unintended > consequences of deregulation. Every silver lining has a cloud. > >> > > - > -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. ------------------------------------------------------------------------------- From: "Mike Gibbons" Subject: RE: [CANSLIM] Another Andersen client Date: 28 Jan 2002 18:15:02 -1000 Hans, I was adding amplification to Patrick Wahl's point about industry analyst's advice being unreliable. I was not blamimg de-regulation for the Enron debacle. Aloha, Mike Gibbons Proactive Technologies, LLC http://www.proactech.com -----Original Message----- [mailto:owner-canslim@lists.xmission.com]On Behalf Of Spencer48@aol.com Sent: Monday, January 28, 2002 5:33 PM Mike: I'm not certain what you're saying here. Is the conclusion suppose to be that deregulation and increased competition led to the Enron debacle? But, if so, and if dereg began in the 70's, why did it take 30 years for a financial catastrophe like this one to occur? And if it didn't take 30 years-what was the first one? And does the go-go era of the 90's (stock market wise) evince convincing contrary evidence that dereg and increased competition in commisssions is a bad thing? Moreover, I'd hazard that a lot of people including corporate accounts and investment bank officers lost money in Enron. That's why it plummeted the way it did-because everyone was selling, and no one (except perhaps Anderson auditors, and certain officials in Enron) had any idea-since the losses were off the books-why. jans In a message dated 1/28/2002 9:36:18 PM Eastern Standard Time, mikegibbons@proactech.com writes: << Yes, commissions were deregulated in the 70's and competition and the internet have driven them ever lower making the investment banks dependant on thier corporate instead of retail clients. An example of the unintended consequences of deregulation. Every silver lining has a cloud. >> - -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. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] Another Andersen client Date: 28 Jan 2002 22:18:33 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_00B6_01C1A849.B8E9E5E0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Mike, jans, Patrick, Thanks for an enjoyable exchange. If it can be this complicated just = *talking* about dereg, analysts, accounts, consultants, ENE, and = Anderson--then imagine how easy it is to muddy the financial and = political waters just enough so that *nobody* can figure out what's = really going on. I am reminded of the great Houdini. Marvelous = illusionist, very entertaining, lived a good life---until someone sucker = punched him when he wasn't paying attention. Katherine ----- Original Message -----=20 From: Mike Gibbons=20 To: canslim@lists.xmission.com=20 Sent: Monday, January 28, 2002 10:15 PM Subject: RE: [CANSLIM] Another Andersen client Hans, I was adding amplification to Patrick Wahl's point about = industry analyst's advice being unreliable. I was not blamimg de-regulation for = the Enron debacle. Aloha, Mike Gibbons Proactive Technologies, LLC http://www.proactech.com -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of = Spencer48@aol.com Sent: Monday, January 28, 2002 5:33 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] Another Andersen client Mike: I'm not certain what you're saying here. Is the conclusion = suppose to be that deregulation and increased competition led to the Enron = debacle? But, if so, and if dereg began in the 70's, why did it take 30 years = for a financial catastrophe like this one to occur? And if it didn't take = 30 years-what was the first one? And does the go-go era of the 90's (stock market wise) evince convincing contrary evidence that dereg and increased competition in commisssions = is a bad thing? Moreover, I'd hazard that a lot of people including corporate = accounts and investment bank officers lost money in Enron. That's why it = plummeted the way it did-because everyone was selling, and no one (except = perhaps Anderson auditors, and certain officials in Enron) had any idea-since = the losses were off the books-why. jans In a message dated 1/28/2002 9:36:18 PM Eastern Standard Time, mikegibbons@proactech.com writes: << Yes, commissions were deregulated in the 70's and competition and = the internet have driven them ever lower making the investment banks = dependant on thier corporate instead of retail clients. An example of the = unintended consequences of deregulation. Every silver lining has a cloud. >> - -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. ------=_NextPart_000_00B6_01C1A849.B8E9E5E0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Mike, jans, Patrick,
 
Thanks for an enjoyable exchange. If it can be this complicated = just=20 *talking* about dereg, analysts, accounts, consultants, ENE, and = Anderson--then=20 imagine how easy it is to muddy the financial and political waters just = enough=20 so that *nobody* can figure out what's really going on. I am reminded of = the=20 great Houdini. Marvelous illusionist, very entertaining, lived a good=20 life---until someone sucker punched him when he wasn't paying = attention.
 
Katherine
----- Original Message -----
From:=20 Mike Gibbons
Sent: Monday, January 28, 2002 = 10:15=20 PM
Subject: RE: [CANSLIM] Another = Andersen=20 client

Hans, I was adding amplification to Patrick Wahl's = point about=20 industry
analyst's advice being unreliable. I was not blamimg = de-regulation=20 for the
Enron debacle.

Aloha,

Mike = Gibbons
Proactive=20 Technologies, LLC
http://www.proactech.com

-----Original=20 Message-----
From: owner-canslim@lists.xmis= sion.com
[mailto:owner-canslim@lists.xmission.com]On=20 Behalf Of Spencer48@aol.com
Sent:=20 Monday, January 28, 2002 5:33 PM
To: canslim@lists.xmission.com=
Subject:=20 Re: [CANSLIM] Another Andersen=20 client


Mike:

     I'm not = certain what=20 you're saying here.  Is the conclusion suppose to
be that = deregulation=20 and increased competition led to the Enron debacle?
But, if so, and = if  dereg began in the 70's, why did it take 30 years for = a
financial=20 catastrophe like this one to occur?  And if it didn't take=20 30
years-what was the first one?

     = And does=20 the go-go era of the 90's (stock market wise) = evince
convincing
contrary=20 evidence that dereg and increased competition in commisssions is = a
bad=20 thing?

     Moreover, I'd hazard that a lot = of=20 people including corporate accounts
and investment bank officers = lost money=20 in Enron.  That's why it plummeted
the way it did-because = everyone was=20 selling, and no one (except perhaps
Anderson auditors, and certain=20 officials in Enron) had any idea-since the
losses were off the=20 books-why.

jans




In a message dated 1/28/2002 = 9:36:18=20 PM Eastern Standard Time,
mikegibbons@proactech.com=20 writes:

<< Yes, commissions were deregulated in the 70's = and=20 competition and the
 internet have driven them ever lower = making the=20 investment banks dependant
 on thier corporate instead of = retail=20 clients. An example of the unintended
 consequences of = deregulation.=20 Every silver lining has a cloud.
  >>

-
-To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your email.


-
-To = subscribe/unsubscribe, email=20 "majordomo@xmission.com"
-In= =20 the email body, write "subscribe canslim" or
-"unsubscribe = canslim". =20 Do not use quotes in your email. ------=_NextPart_000_00B6_01C1A849.B8E9E5E0-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Vanchee1@aol.com Subject: [CANSLIM] Short Date: 28 Jan 2002 23:26:49 EST --part1_139.8792706.29877e89_boundary Content-Type: text/plain; charset="US-ASCII" Content-Transfer-Encoding: 7bit Does anyone know of a site where you can find the amount of shares shorted on a particular stock. Thanks Chris. --part1_139.8792706.29877e89_boundary Content-Type: text/html; charset="US-ASCII" Content-Transfer-Encoding: 7bit Does anyone know of a site where you can find the amount of shares shorted on a particular stock.

Thanks Chris. --part1_139.8792706.29877e89_boundary-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Scott Gettis" Subject: [CANSLIM] docc Date: 28 Jan 2002 20:30:32 -0800 dgo list the management ownership as 18%. however the (1 - float/total share outstanding)* 100 = 41% ? - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] Short Date: 28 Jan 2002 22:44:04 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_00CE_01C1A84D.498E5F60 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi Chris, http://www.nasdaqtrader.com/asp/short_interest_resp.asp?symbol=3Ddocc&Set= tlementDate=3D01%2F15%2F2002 http://www.amextrader.com/asp/short_interest.asp http://www.capitalstool.com/short-interest-nyse.htm Katherine ----- Original Message -----=20 From: Vanchee1@aol.com=20 To: canslim@lists.xmission.com=20 Sent: Monday, January 28, 2002 10:26 PM Subject: [CANSLIM] Short Does anyone know of a site where you can find the amount of shares = shorted on a particular stock.=20 Thanks Chris.=20 ------=_NextPart_000_00CE_01C1A84D.498E5F60 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Hi Chris,
 
http://www.nasdaqtrader.com/asp= /short_interest_resp.asp?symbol=3Ddocc&SettlementDate=3D01%2F15%2F200= 2
http://www.amex= trader.com/asp/short_interest.asp
http://www.c= apitalstool.com/short-interest-nyse.htm
 
Katherine
----- Original Message -----
From:=20 Vanchee1@aol.com=20
Sent: Monday, January 28, 2002 = 10:26=20 PM
Subject: [CANSLIM] Short

Does anyone = know of a=20 site where you can find the amount of shares shorted on a particular = stock.=20

Thanks Chris. ------=_NextPart_000_00CE_01C1A84D.498E5F60-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] docc Date: 28 Jan 2002 22:52:09 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_00D8_01C1A84E.6AF5E5A0 Content-Type: text/plain; charset="Windows-1252" Content-Transfer-Encoding: quoted-printable Hi Scott, The rest of the 41% not owned by management is owned by SFE, an = "incubator" that has a portfolio of companies in which it maintains a = substantial portion of the outstanding shares. See = http://www.safeguard.com/investorfs.html for a list. You see this kind = of discrepancy in the numbers quite often when a stock is spun off from = a parent or from an incubator and not all shares are distributed to the = public in the spin off. Katherine ----- Original Message -----=20 From: Scott Gettis=20 To: canslim@lists.xmission.com=20 Sent: Monday, January 28, 2002 10:30 PM Subject: [CANSLIM] docc dgo list the management ownership as 18%. however the (1 - float/total share outstanding)* 100 =3D 41% ?=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. ------=_NextPart_000_00D8_01C1A84E.6AF5E5A0 Content-Type: text/html; charset="Windows-1252" Content-Transfer-Encoding: quoted-printable
Hi Scott,
 
The rest of the 41% not owned by management  is owned by = SFE, an=20 "incubator" that has a portfolio of  companies in which it = maintains a=20 substantial portion of the outstanding shares. See http://www.safeguard.co= m/investorfs.html for=20 a list. You see this kind of discrepancy in the numbers quite often when = a stock=20 is spun off from a parent or from an incubator and not all shares are=20 distributed to the public in the spin off.
 
Katherine
----- Original Message -----
From:=20 Scott = Gettis=20
Sent: Monday, January 28, 2002 = 10:30=20 PM
Subject: [CANSLIM] docc


dgo list the management ownership as = 18%.
however the (1=20 - float/total share outstanding)* 100 =3D 41% ?

-
-To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your email. ------=_NextPart_000_00D8_01C1A84E.6AF5E5A0-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Scott Gettis" Subject: [CANSLIM] EPS Date: 28 Jan 2002 20:58:55 -0800 This is a multi-part message in MIME format. ------=_NextPart_000_0004_01C1A83E.99597520 Content-Type: text/plain; charset="Windows-1252" Content-Transfer-Encoding: 7bit when a company buys back shares, does the number of outstanding shares decrease? If so, then it is possible for a company to show earnings growth due to the fact that there are less shares outstanding. Thus the companys earnings are not really growing. -----Original Message----- [mailto:owner-canslim@lists.xmission.com]On Behalf Of Katherine Malm Sent: Monday, January 28, 2002 8:52 PM Hi Scott, The rest of the 41% not owned by management is owned by SFE, an "incubator" that has a portfolio of companies in which it maintains a substantial portion of the outstanding shares. See http://www.safeguard.com/investorfs.html for a list. You see this kind of discrepancy in the numbers quite often when a stock is spun off from a parent or from an incubator and not all shares are distributed to the public in the spin off. Katherine ----- Original Message ----- From: Scott Gettis To: canslim@lists.xmission.com Sent: Monday, January 28, 2002 10:30 PM Subject: [CANSLIM] docc dgo list the management ownership as 18%. however the (1 - float/total share outstanding)* 100 = 41% ? - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------=_NextPart_000_0004_01C1A83E.99597520 Content-Type: text/html; charset="Windows-1252" Content-Transfer-Encoding: quoted-printable
when a=20 company buys back shares, does the number of outstanding shares = decrease? =20 If so, then it is possible for a company to show earnings growth due to = the fact=20 that there are less shares outstanding.  Thus the companys earnings = are not=20 really growing.

 
 -----Original=20 Message-----
From: owner-canslim@lists.xmission.com=20 [mailto:owner-canslim@lists.xmission.com]On Behalf Of Katherine=20 Malm
Sent: Monday, January 28, 2002 8:52 PM
To:=20 canslim@lists.xmission.com
Subject: Re: [CANSLIM]=20 docc
Hi Scott,
 
The rest of the 41% not owned by management  is owned = by SFE,=20 an "incubator" that has a portfolio of  companies in which it = maintains a=20 substantial portion of the outstanding shares. See http://www.safeguard.co= m/investorfs.html for=20 a list. You see this kind of discrepancy in the numbers quite often = when a=20 stock is spun off from a parent or from an incubator and not all = shares are=20 distributed to the public in the spin off.
 
Katherine
----- Original Message -----
From:=20 Scott = Gettis=20
Sent: Monday, January 28, = 2002 10:30=20 PM
Subject: [CANSLIM] docc


dgo list the management ownership as = 18%.
however the=20 (1 - float/total share outstanding)* 100 =3D 41% ?

-
-To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your = email.
------=_NextPart_000_0004_01C1A83E.99597520-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] Another Andersen client Date: 29 Jan 2002 00:05:56 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_00B4_01C1A858.B937E100 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Well said, Katherine, and now we introduce the new accounting standards = of disregarding goodwill unless impaired! There are two issues for me: Conflict of interest - this applies to both accounting firms, and to = analysts. If the auditor does nothing but audit, at least this is = removed, and we only need worry about the competence. If an analyst's = compensation is fixed, and not tied to underwriting business brought in, = or commissions generated, then again the conflict is removed, at least = in part (he still has to worry about losing his job if he writes an = unfavorable report, and the client cans the brokerage house). Safety of investing - it's one thing to assume the risks of the market's = whims and direction, and rely upon management to continue running a good = business. It's another to get slimed by underhanded accounting practices = that should have not only been stopped, but reported by the auditors. = Note that PSFT was forced to buy back their wholly owned subsidiary they = were using to hide developmental costs. Auditors have great power, including the ability to write an opinion = expressing the viability of a "going concern". In the case of GX, last = audit (done less than a year ago but officially as of 12/31/00) was a = clean opinion. Technically, Andersen is in the clear because the = bankruptcy was filed over 12 months later. The bankruptcy filing itself = was no surprise, it has been known for some time that it would happen. = My concern is the apparent (but not yet proven) conflict of interest. In Enron's case, Andersen's income was split nearly equally between = auditing and consulting / non-audit services. In GX's case, it was a = 20/80 split in favor of consulting stuff. The SEC tried to ban outright = the combo of auditing / consulting, and the best they were able to do = was require reporting corps to disclose the fees they were paying. Corporate bankruptcy is the fault of management. I don't even give = tolerance for poor market conditions, because it is management's = responsibility to anticipate this happening, and adjust. It is not the = auditor's fault. But it is the auditor's responsibility to object to = improper or inaccurate accounting, and resist efforts to finds ways to = accommodate same. It is the auditor's responsibility to ensure that the = final 10K accurately and completely reports the state of the company's = financial condition. I don't think this was done by Andersen with Enron, = any more than it was done for Global Crossing, Sunbeam or Wackenhut. I = have seen auditors resign an account when they and management could not = agree on the final report. That at least gives investors, and some = analysts, a signal to dig deeper. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Monday, January 28, 2002 11:18 PM Subject: Re: [CANSLIM] Another Andersen client Mike, jans, Patrick, Thanks for an enjoyable exchange. If it can be this complicated just = *talking* about dereg, analysts, accounts, consultants, ENE, and = Anderson--then imagine how easy it is to muddy the financial and = political waters just enough so that *nobody* can figure out what's = really going on. I am reminded of the great Houdini. Marvelous = illusionist, very entertaining, lived a good life---until someone sucker = punched him when he wasn't paying attention. Katherine ----- Original Message -----=20 From: Mike Gibbons=20 To: canslim@lists.xmission.com=20 Sent: Monday, January 28, 2002 10:15 PM Subject: RE: [CANSLIM] Another Andersen client Hans, I was adding amplification to Patrick Wahl's point about = industry analyst's advice being unreliable. I was not blamimg de-regulation = for the Enron debacle. Aloha, Mike Gibbons Proactive Technologies, LLC http://www.proactech.com -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of = Spencer48@aol.com Sent: Monday, January 28, 2002 5:33 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] Another Andersen client Mike: I'm not certain what you're saying here. Is the conclusion = suppose to be that deregulation and increased competition led to the Enron = debacle? But, if so, and if dereg began in the 70's, why did it take 30 = years for a financial catastrophe like this one to occur? And if it didn't take = 30 years-what was the first one? And does the go-go era of the 90's (stock market wise) evince convincing contrary evidence that dereg and increased competition in = commisssions is a bad thing? Moreover, I'd hazard that a lot of people including corporate = accounts and investment bank officers lost money in Enron. That's why it = plummeted the way it did-because everyone was selling, and no one (except = perhaps Anderson auditors, and certain officials in Enron) had any = idea-since the losses were off the books-why. jans In a message dated 1/28/2002 9:36:18 PM Eastern Standard Time, mikegibbons@proactech.com writes: << Yes, commissions were deregulated in the 70's and competition and = the internet have driven them ever lower making the investment banks = dependant on thier corporate instead of retail clients. An example of the = unintended consequences of deregulation. Every silver lining has a cloud. >> - -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. ------=_NextPart_000_00B4_01C1A858.B937E100 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Well said, Katherine, and now we introduce the = new=20 accounting standards of disregarding goodwill unless = impaired!
 
There are two issues for me:
Conflict of interest - this applies to both = accounting=20 firms, and to analysts. If the auditor does nothing but audit, at least = this is=20 removed, and we only need worry about the competence. If an analyst's=20 compensation is fixed, and not tied to underwriting business brought in, = or=20 commissions generated, then again the conflict is removed, at least in = part (he=20 still has to worry about losing his job if he writes an unfavorable = report, and=20 the client cans the brokerage house).
 
Safety of investing - it's one thing to assume = the risks=20 of the market's whims and direction, and rely upon management to = continue=20 running a good business. It's another to get slimed by underhanded = accounting=20 practices that should have not only been stopped, but reported by the = auditors.=20 Note that PSFT was forced to buy back their wholly owned subsidiary they = were=20 using to hide developmental costs.
 
Auditors have great power, including the ability = to write=20 an opinion expressing the viability of a "going concern". In the case of = GX,=20 last audit (done less than a year ago but officially as of 12/31/00) was = a clean=20 opinion. Technically, Andersen is in the clear because the bankruptcy = was filed=20 over 12 months later. The bankruptcy filing itself was no surprise, it = has been=20 known for some time that it would happen. My concern is the apparent = (but not=20 yet proven) conflict of interest.
 
In Enron's case, Andersen's income was split = nearly=20 equally between auditing and consulting / non-audit services. In GX's = case, it=20 was a 20/80 split in favor of consulting stuff. The SEC tried to ban = outright=20 the combo of auditing / consulting, and the best they were able to do = was=20 require reporting corps to disclose the fees they were = paying.
 
Corporate bankruptcy is the fault of management. = I don't=20 even give tolerance for poor market conditions, because it is = management's=20 responsibility to anticipate this happening, and adjust. It is not the = auditor's=20 fault. But it is the auditor's responsibility to object to improper or=20 inaccurate accounting, and resist efforts to finds ways to accommodate = same. It=20 is the auditor's responsibility to ensure that the final 10K accurately = and=20 completely reports the state of the company's financial condition. I = don't think=20 this was done by Andersen with Enron, any more than it was done for = Global=20 Crossing, Sunbeam or Wackenhut. I have seen auditors resign an account = when they=20 and management could not agree on the final report. That at least gives=20 investors, and some analysts, a signal to dig deeper.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Katherine=20 Malm
Sent: Monday, January 28, 2002 = 11:18=20 PM
Subject: Re: [CANSLIM] Another = Andersen=20 client

Mike, jans, Patrick,
 
Thanks for an enjoyable exchange. If it can be this complicated = just=20 *talking* about dereg, analysts, accounts, consultants, ENE, and=20 Anderson--then imagine how easy it is to muddy the financial and = political=20 waters just enough so that *nobody* can figure out what's really going = on. I=20 am reminded of the great Houdini. Marvelous illusionist, very = entertaining,=20 lived a good life---until someone sucker punched him when he wasn't = paying=20 attention.
 
Katherine
----- Original Message -----
From:=20 Mike Gibbons
Sent: Monday, January 28, = 2002 10:15=20 PM
Subject: RE: [CANSLIM] = Another Andersen=20 client

Hans, I was adding amplification to Patrick Wahl's = point=20 about industry
analyst's advice being unreliable. I was not = blamimg=20 de-regulation for the
Enron debacle.

Aloha,

Mike=20 Gibbons
Proactive Technologies, LLC
http://www.proactech.com

-----Original=20 Message-----
From: owner-canslim@lists.xmis= sion.com
[mailto:owner-canslim@lists.xmission.com]On=20 Behalf Of Spencer48@aol.com
Sent:=20 Monday, January 28, 2002 5:33 PM
To: canslim@lists.xmission.com=
Subject:=20 Re: [CANSLIM] Another Andersen=20 client


Mike:

     I'm not = certain what=20 you're saying here.  Is the conclusion suppose to
be that=20 deregulation and increased competition led to the Enron = debacle?
But, if=20 so, and if  dereg began in the 70's, why did it take 30 years = for=20 a
financial catastrophe like this one to occur?  And if it = didn't=20 take 30
years-what was the first = one?

     And=20 does the go-go era of the 90's (stock market wise)=20 evince
convincing
contrary evidence that dereg and increased=20 competition in commisssions is a
bad=20 thing?

     Moreover, I'd hazard that a = lot of=20 people including corporate accounts
and investment bank officers = lost=20 money in Enron.  That's why it plummeted
the way it = did-because=20 everyone was selling, and no one (except perhaps
Anderson = auditors, and=20 certain officials in Enron) had any idea-since the
losses were = off the=20 books-why.

jans




In a message dated = 1/28/2002=20 9:36:18 PM Eastern Standard Time,
mikegibbons@proactech.com=20 writes:

<< Yes, commissions were deregulated in the = 70's and=20 competition and the
 internet have driven them ever lower = making the=20 investment banks dependant
 on thier corporate instead of = retail=20 clients. An example of the unintended
 consequences of = deregulation.=20 Every silver lining has a cloud.
  >>

-
-To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your email.


-
-To = subscribe/unsubscribe,=20 email "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your = email.
------=_NextPart_000_00B4_01C1A858.B937E100-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] EPS Date: 29 Jan 2002 00:10:22 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_00C4_01C1A859.583441E0 Content-Type: text/plain; charset="Windows-1252" Content-Transfer-Encoding: quoted-printable all depends on what they do with the purchased shares. In some cases, = they are retired, and thereby may improve EPS (assuming they could make = no better use of the cash). In other cases, they are added to Treasury = stock, and can later be sold, used for employees exercising options, = acquisition with stock, etc. If they are put into Treasury, then they are still outstanding, and must = be counted in the number of shares. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Scott Gettis=20 To: canslim@lists.xmission.com=20 Sent: Monday, January 28, 2002 11:58 PM Subject: [CANSLIM] EPS when a company buys back shares, does the number of outstanding shares = decrease? If so, then it is possible for a company to show earnings = growth due to the fact that there are less shares outstanding. Thus the = companys earnings are not really growing. =20 -----Original Message----- From: owner-canslim@lists.xmission.com = [mailto:owner-canslim@lists.xmission.com]On Behalf Of Katherine Malm Sent: Monday, January 28, 2002 8:52 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] docc Hi Scott, The rest of the 41% not owned by management is owned by SFE, an = "incubator" that has a portfolio of companies in which it maintains a = substantial portion of the outstanding shares. See = http://www.safeguard.com/investorfs.html for a list. You see this kind = of discrepancy in the numbers quite often when a stock is spun off from = a parent or from an incubator and not all shares are distributed to the = public in the spin off. Katherine ----- Original Message -----=20 From: Scott Gettis=20 To: canslim@lists.xmission.com=20 Sent: Monday, January 28, 2002 10:30 PM Subject: [CANSLIM] docc dgo list the management ownership as 18%. however the (1 - float/total share outstanding)* 100 =3D 41% ?=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. ------=_NextPart_000_00C4_01C1A859.583441E0 Content-Type: text/html; charset="Windows-1252" Content-Transfer-Encoding: quoted-printable
all depends on what they do with the purchased = shares. In=20 some cases, they are retired, and thereby may improve EPS (assuming they = could=20 make no better use of the cash). In other cases, they are added to = Treasury=20 stock, and can later be sold, used for employees exercising options, = acquisition=20 with stock, etc.
 
If they are put into Treasury, then they are = still=20 outstanding, and must be counted in the number of shares.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Scott = Gettis=20
Sent: Monday, January 28, 2002 = 11:58=20 PM
Subject: [CANSLIM] EPS

when=20 a company buys back shares, does the number of outstanding shares=20 decrease?  If so, then it is possible for a company to show = earnings=20 growth due to the fact that there are less shares outstanding.  = Thus the=20 companys earnings are not really growing.

 
 -----Original=20 Message-----
From: owner-canslim@lists.xmis= sion.com=20 [mailto:owner-canslim@lists.xmission.com]On Behalf Of Katherine = Malm
Sent: Monday, January 28, 2002 8:52 PM
To:=20 canslim@lists.xmission.com
Subject: Re: [CANSLIM]=20 docc
Hi Scott,
 
The rest of the 41% not owned by management  is owned = by SFE,=20 an "incubator" that has a portfolio of  companies in which it = maintains=20 a substantial portion of the outstanding shares. See http://www.safeguard.co= m/investorfs.html for=20 a list. You see this kind of discrepancy in the numbers quite often = when a=20 stock is spun off from a parent or from an incubator and not all = shares are=20 distributed to the public in the spin off.
 
Katherine
----- Original Message ----- =
From:=20 Scott = Gettis=20
To: canslim@lists.xmission.com= =20
Sent: Monday, January 28, = 2002 10:30=20 PM
Subject: [CANSLIM] = docc


dgo list the management ownership as = 18%.
however=20 the (1 - float/total share outstanding)* 100 =3D 41% ? =

-
-To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
-In= =20 the email body, write "subscribe canslim" or
-"unsubscribe=20 canslim".  Do not use quotes in your=20 email.
------=_NextPart_000_00C4_01C1A859.583441E0-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] EPS Date: 28 Jan 2002 23:10:40 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_00F5_01C1A851.00D41180 Content-Type: text/plain; charset="Windows-1252" Content-Transfer-Encoding: quoted-printable When the company buys back shares and turns them into treasury stock, = they are considered issued but no longer outstanding. you can look in = the 10Q to see the number of shares used in computing the EPS. Look in = the balance sheet section to see a reconciliation of shares issued, = outstanding, etc. Here's an example from DOCC's latest 10Q found at = http://www.sec.gov/Archives/edgar/data/1033864/000095013401509538/d92952e= 10-q.txt Katherine =3D=3D=3D=3D=3D NOTE 3 - NET INCOME PER SHARE The Company's basic and diluted net income per share are computed in = accordance with Statement of Financial Accounting Standards No. 128, "Earnings Per = Share" ("SFAS 128"). Basic net income per share is computed using the weighted = average number of common shares outstanding. Diluted net income per share is = computed using the weighted average number of common shares outstanding and the = assumed exercise of stock options and warrants (using the treasury stock = method). The following is a reconciliation of the shares used in computing basic and = diluted net income per share for the periods indicated (in thousands):
= Three months ended = October 31, = = 2001 2000 = ------------- ------------- = Shares used in computing basic net income per share = 13,624 14,960 Dilutive effect of stock options and warrants = 753 847 = ------------- ------------- Shares used in computing diluted net income per share = 14,377 15,807 = =3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D = =3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D ----- Original Message -----=20 From: Scott Gettis=20 To: canslim@lists.xmission.com=20 Sent: Monday, January 28, 2002 10:58 PM Subject: [CANSLIM] EPS when a company buys back shares, does the number of outstanding shares = decrease? If so, then it is possible for a company to show earnings = growth due to the fact that there are less shares outstanding. Thus the = companys earnings are not really growing. =20 -----Original Message----- From: owner-canslim@lists.xmission.com = [mailto:owner-canslim@lists.xmission.com]On Behalf Of Katherine Malm Sent: Monday, January 28, 2002 8:52 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] docc Hi Scott, The rest of the 41% not owned by management is owned by SFE, an = "incubator" that has a portfolio of companies in which it maintains a = substantial portion of the outstanding shares. See = http://www.safeguard.com/investorfs.html for a list. You see this kind = of discrepancy in the numbers quite often when a stock is spun off from = a parent or from an incubator and not all shares are distributed to the = public in the spin off. Katherine ----- Original Message -----=20 From: Scott Gettis=20 To: canslim@lists.xmission.com=20 Sent: Monday, January 28, 2002 10:30 PM Subject: [CANSLIM] docc dgo list the management ownership as 18%. however the (1 - float/total share outstanding)* 100 =3D 41% ?=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. ------=_NextPart_000_00F5_01C1A851.00D41180 Content-Type: text/html; charset="Windows-1252" Content-Transfer-Encoding: quoted-printable
When the company buys back shares and turns them into treasury = stock, they=20 are considered issued but no longer outstanding. you can look in the 10Q = to see=20 the number of shares used in computing the EPS. Look in the balance = sheet=20 section to see a reconciliation of shares issued, outstanding, = etc.
 
Here's an example from DOCC's latest 10Q found at http://www.sec.gov/Archives/edgar/data/1033864/00009501= 3401509538/d92952e10-q.txt
 
Katherine
 
=3D=3D=3D=3D=3D
<!--StartFragment-->NOTE 3 - NET INCOME PER SHARE

The=20 Company's basic and diluted net income per share are computed in=20 accordance
with Statement of Financial Accounting Standards No. 128,=20 "Earnings Per Share"
("SFAS 128"). Basic net income per share is = computed=20 using the weighted average
number of common shares outstanding. = Diluted net=20 income per share is computed
using the weighted average number of = common=20 shares outstanding and the assumed
exercise of stock options and = warrants=20 (using the treasury stock method). The
following is a reconciliation = of the=20 shares used in computing basic and diluted
net income per share for = the=20 periods indicated (in=20 thousands):


<Table>
<Caption>
  &n= bsp;           &nb= sp;           &nbs= p;            = ;            =             &= nbsp;         =20 Three months=20 ended
          &nbs= p;            = ;            =             &= nbsp;           &n= bsp;           &nb= sp;     =20 October=20 31,
           =             &= nbsp;           &n= bsp;           &nb= sp;           &nbs= p;       =20 p;            = ;            =             &= nbsp;           &n= bsp;           &nb= sp;   =20 2001           &nb= sp;=20 2000
           = ;            =             &= nbsp;           &n= bsp;           &nb= sp;       =20 -------------  =20 -------------
<S>        = ;            =             &= nbsp;           &n= bsp;           &nb= sp;       =20 <C>          &nbs= p; =20 <C>
Shares used in computing basic net income per=20 share           &n= bsp;           =20 13,624         =20 14,960

Dilutive effect of stock options and=20 warrants           = ;            =          =20 753           &nbs= p;=20 847
           =             &= nbsp;           &n= bsp;           &nb= sp;           &nbs= p;       =20 -------------   -------------

Shares used in computing = diluted=20 net income per=20 share           &n= bsp;         =20 14,377         =20 15,807
          &nb= sp;           &nbs= p;            = ;            =             &= nbsp;       =20 =3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D   = =3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D
----- Original Message -----
From:=20 Scott = Gettis=20
Sent: Monday, January 28, 2002 = 10:58=20 PM
Subject: [CANSLIM] EPS

when=20 a company buys back shares, does the number of outstanding shares=20 decrease?  If so, then it is possible for a company to show = earnings=20 growth due to the fact that there are less shares outstanding.  = Thus the=20 companys earnings are not really growing.

 
 -----Original=20 Message-----
From: owner-canslim@lists.xmis= sion.com=20 [mailto:owner-canslim@lists.xmission.com]On Behalf Of Katherine = Malm
Sent: Monday, January 28, 2002 8:52 PM
To:=20 canslim@lists.xmission.com
Subject: Re: [CANSLIM]=20 docc
Hi Scott,
 
The rest of the 41% not owned by management  is owned = by SFE,=20 an "incubator" that has a portfolio of  companies in which it = maintains=20 a substantial portion of the outstanding shares. See http://www.safeguard.co= m/investorfs.html for=20 a list. You see this kind of discrepancy in the numbers quite often = when a=20 stock is spun off from a parent or from an incubator and not all = shares are=20 distributed to the public in the spin off.
 
Katherine
----- Original Message ----- =
From:=20 Scott = Gettis=20
To: canslim@lists.xmission.com= =20
Sent: Monday, January 28, = 2002 10:30=20 PM
Subject: [CANSLIM] = docc


dgo list the management ownership as = 18%.
however=20 the (1 - float/total share outstanding)* 100 =3D 41% ? =

-
-To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
-In= =20 the email body, write "subscribe canslim" or
-"unsubscribe=20 canslim".  Do not use quotes in your=20 email.
------=_NextPart_000_00F5_01C1A851.00D41180-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] EPS Date: 29 Jan 2002 00:19:35 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_00DE_01C1A85A.A1DAF950 Content-Type: text/plain; charset="Windows-1252" Content-Transfer-Encoding: quoted-printable Katherine, you know I hate to sound ignorant, but the question not asked = is the really stupid one. Do I understand you as saying that Treasury stock is not counted in any = assessment of earnings per share even tho it remains issued? What about dividends, voting rights, etc? Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, January 29, 2002 12:10 AM Subject: Re: [CANSLIM] EPS When the company buys back shares and turns them into treasury stock, = they are considered issued but no longer outstanding. you can look in = the 10Q to see the number of shares used in computing the EPS. Look in = the balance sheet section to see a reconciliation of shares issued, = outstanding, etc. Here's an example from DOCC's latest 10Q found at = http://www.sec.gov/Archives/edgar/data/1033864/000095013401509538/d92952e= 10-q.txt Katherine =3D=3D=3D=3D=3D NOTE 3 - NET INCOME PER SHARE The Company's basic and diluted net income per share are computed in = accordance with Statement of Financial Accounting Standards No. 128, "Earnings = Per Share" ("SFAS 128"). Basic net income per share is computed using the = weighted average number of common shares outstanding. Diluted net income per share is = computed using the weighted average number of common shares outstanding and the = assumed exercise of stock options and warrants (using the treasury stock = method). The following is a reconciliation of the shares used in computing basic = and diluted net income per share for the periods indicated (in thousands):
= Three months ended = October 31, = = 2001 2000 = ------------- ------------- = Shares used in computing basic net income per share = 13,624 14,960 Dilutive effect of stock options and warrants = 753 847 = ------------- ------------- Shares used in computing diluted net income per share = 14,377 15,807 = =3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D = =3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D ----- Original Message -----=20 From: Scott Gettis=20 To: canslim@lists.xmission.com=20 Sent: Monday, January 28, 2002 10:58 PM Subject: [CANSLIM] EPS when a company buys back shares, does the number of outstanding = shares decrease? If so, then it is possible for a company to show = earnings growth due to the fact that there are less shares outstanding. = Thus the companys earnings are not really growing. =20 -----Original Message----- From: owner-canslim@lists.xmission.com = [mailto:owner-canslim@lists.xmission.com]On Behalf Of Katherine Malm Sent: Monday, January 28, 2002 8:52 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] docc Hi Scott, The rest of the 41% not owned by management is owned by SFE, an = "incubator" that has a portfolio of companies in which it maintains a = substantial portion of the outstanding shares. See = http://www.safeguard.com/investorfs.html for a list. You see this kind = of discrepancy in the numbers quite often when a stock is spun off from = a parent or from an incubator and not all shares are distributed to the = public in the spin off. Katherine ----- Original Message -----=20 From: Scott Gettis=20 To: canslim@lists.xmission.com=20 Sent: Monday, January 28, 2002 10:30 PM Subject: [CANSLIM] docc dgo list the management ownership as 18%. however the (1 - float/total share outstanding)* 100 =3D 41% ?=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. ------=_NextPart_000_00DE_01C1A85A.A1DAF950 Content-Type: text/html; charset="Windows-1252" Content-Transfer-Encoding: quoted-printable
Katherine, you know I hate to sound ignorant, = but the=20 question not asked is the really stupid one.
 
Do I understand you as saying that Treasury = stock is not=20 counted in any assessment of earnings per share even tho it remains=20 issued?
 
What about dividends, voting rights, = etc?
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Katherine=20 Malm
Sent: Tuesday, January 29, 2002 = 12:10=20 AM
Subject: Re: [CANSLIM] = EPS

When the company buys back shares and turns them into treasury = stock,=20 they are considered issued but no longer outstanding. you can look in = the 10Q=20 to see the number of shares used in computing the EPS. Look in the = balance=20 sheet section to see a reconciliation of shares issued, outstanding,=20 etc.
 
Here's an example from DOCC's latest 10Q found at http://www.sec.gov/Archives/edgar/data/1033864/00009501= 3401509538/d92952e10-q.txt
 
Katherine
 
=3D=3D=3D=3D=3D
<!--StartFragment-->NOTE 3 - NET INCOME PER = SHARE

The=20 Company's basic and diluted net income per share are computed in=20 accordance
with Statement of Financial Accounting Standards No. = 128,=20 "Earnings Per Share"
("SFAS 128"). Basic net income per share is = computed=20 using the weighted average
number of common shares outstanding. = Diluted net=20 income per share is computed
using the weighted average number of = common=20 shares outstanding and the assumed
exercise of stock options and = warrants=20 (using the treasury stock method). The
following is a = reconciliation of the=20 shares used in computing basic and diluted
net income per share for = the=20 periods indicated (in=20 = thousands):


<Table>
<Caption>
  &n= bsp;           &nb= sp;           &nbs= p;            = ;            =             &= nbsp;         =20 Three months=20 = ended
          &nbs= p;            = ;            =             &= nbsp;           &n= bsp;           &nb= sp;     =20 October=20 = 31,
           =             &= nbsp;           &n= bsp;           &nb= sp;           &nbs= p;       =20 = p;            = ;            =             &= nbsp;           &n= bsp;           &nb= sp;   =20 = 2001           &nb= sp;=20 = 2000
           = ;            =             &= nbsp;           &n= bsp;           &nb= sp;       =20 -------------  =20 = -------------
<S>        = ;            =             &= nbsp;           &n= bsp;           &nb= sp;       =20 = <C>          &nbs= p; =20 <C>
Shares used in computing basic net income per=20 = share           &n= bsp;           =20 13,624         =20 14,960

Dilutive effect of stock options and=20 = warrants           = ;            =          =20 = 753           &nbs= p;=20 = 847
           =             &= nbsp;           &n= bsp;           &nb= sp;           &nbs= p;       =20 -------------   -------------

Shares used in = computing=20 diluted net income per=20 = share           &n= bsp;         =20 14,377         =20 = 15,807
          &nb= sp;           &nbs= p;            = ;            =             &= nbsp;       =20 =3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D   = =3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D
----- Original Message -----
From:=20 Scott = Gettis=20
Sent: Monday, January 28, = 2002 10:58=20 PM
Subject: [CANSLIM] EPS

when a company buys back shares, does the number of = outstanding=20 shares decrease?  If so, then it is possible for a company to = show=20 earnings growth due to the fact that there are less shares=20 outstanding.  Thus the companys earnings are not really=20 growing.

 
 -----Original=20 Message-----
From: owner-canslim@lists.xmis= sion.com=20 [mailto:owner-canslim@lists.xmission.com]On Behalf Of = Katherine=20 Malm
Sent: Monday, January 28, 2002 8:52 PM
To:=20 canslim@lists.xmission.com
Subject: Re: [CANSLIM]=20 docc

Hi Scott,
 
The rest of the 41% not owned by management  is = owned by=20 SFE, an "incubator" that has a portfolio of  companies in = which it=20 maintains a substantial portion of the outstanding shares. See http://www.safeguard.co= m/investorfs.html for=20 a list. You see this kind of discrepancy in the numbers quite = often when a=20 stock is spun off from a parent or from an incubator and not all = shares=20 are distributed to the public in the spin off.
 
Katherine
----- Original Message ----- =
From:=20 Scott=20 Gettis
To: canslim@lists.xmission.com= =20
Sent: Monday, January 28, = 2002=20 10:30 PM
Subject: [CANSLIM] = docc


dgo list the management ownership as = 18%.
however=20 the (1 - float/total share outstanding)* 100 =3D 41% ? =

-
-To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
-In= =20 the email body, write "subscribe canslim" or
-"unsubscribe=20 canslim".  Do not use quotes in your=20 = email.
------=_NextPart_000_00DE_01C1A85A.A1DAF950-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] EPS Date: 28 Jan 2002 23:26:19 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_002D_01C1A853.30C73C80 Content-Type: text/plain; charset="Windows-1252" Content-Transfer-Encoding: quoted-printable Here you go, Tom... answers all your questions: http://www.investopedia.com/terms/t/treasurystock.asp Katherine ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Monday, January 28, 2002 11:19 PM Subject: Re: [CANSLIM] EPS Katherine, you know I hate to sound ignorant, but the question not = asked is the really stupid one. Do I understand you as saying that Treasury stock is not counted in = any assessment of earnings per share even tho it remains issued? What about dividends, voting rights, etc? Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, January 29, 2002 12:10 AM Subject: Re: [CANSLIM] EPS When the company buys back shares and turns them into treasury = stock, they are considered issued but no longer outstanding. you can = look in the 10Q to see the number of shares used in computing the EPS. = Look in the balance sheet section to see a reconciliation of shares = issued, outstanding, etc. Here's an example from DOCC's latest 10Q found at = http://www.sec.gov/Archives/edgar/data/1033864/000095013401509538/d92952e= 10-q.txt Katherine =3D=3D=3D=3D=3D NOTE 3 - NET INCOME PER SHARE The Company's basic and diluted net income per share are computed in = accordance with Statement of Financial Accounting Standards No. 128, "Earnings = Per Share" ("SFAS 128"). Basic net income per share is computed using the = weighted average number of common shares outstanding. Diluted net income per share is = computed using the weighted average number of common shares outstanding and = the assumed exercise of stock options and warrants (using the treasury stock = method). The following is a reconciliation of the shares used in computing basic = and diluted net income per share for the periods indicated (in thousands):
= Three months ended = October 31, = = 2001 2000 = ------------- ------------- = Shares used in computing basic net income per share = 13,624 14,960 Dilutive effect of stock options and warrants = 753 847 = ------------- ------------- Shares used in computing diluted net income per share = 14,377 15,807 = =3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D = =3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D ----- Original Message -----=20 From: Scott Gettis=20 To: canslim@lists.xmission.com=20 Sent: Monday, January 28, 2002 10:58 PM Subject: [CANSLIM] EPS when a company buys back shares, does the number of outstanding = shares decrease? If so, then it is possible for a company to show = earnings growth due to the fact that there are less shares outstanding. = Thus the companys earnings are not really growing. =20 -----Original Message----- From: owner-canslim@lists.xmission.com = [mailto:owner-canslim@lists.xmission.com]On Behalf Of Katherine Malm Sent: Monday, January 28, 2002 8:52 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] docc Hi Scott, The rest of the 41% not owned by management is owned by SFE, an = "incubator" that has a portfolio of companies in which it maintains a = substantial portion of the outstanding shares. See = http://www.safeguard.com/investorfs.html for a list. You see this kind = of discrepancy in the numbers quite often when a stock is spun off from = a parent or from an incubator and not all shares are distributed to the = public in the spin off. Katherine ----- Original Message -----=20 From: Scott Gettis=20 To: canslim@lists.xmission.com=20 Sent: Monday, January 28, 2002 10:30 PM Subject: [CANSLIM] docc dgo list the management ownership as 18%. however the (1 - float/total share outstanding)* 100 =3D 41% ? = - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------=_NextPart_000_002D_01C1A853.30C73C80 Content-Type: text/html; charset="Windows-1252" Content-Transfer-Encoding: quoted-printable
Here you go, Tom... answers all your questions:
 
http://www= .investopedia.com/terms/t/treasurystock.asp
 
Katherine
----- Original Message -----
From:=20 Tom = Worley=20
Sent: Monday, January 28, 2002 = 11:19=20 PM
Subject: Re: [CANSLIM] = EPS

Katherine, you know I hate to sound ignorant, = but the=20 question not asked is the really stupid one.
 
Do I understand you as saying that Treasury = stock is not=20 counted in any assessment of earnings per share even tho it remains=20 issued?
 
What about dividends, voting rights, = etc?
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Katherine=20 Malm
Sent: Tuesday, January 29, = 2002 12:10=20 AM
Subject: Re: [CANSLIM] = EPS

When the company buys back shares and turns them into treasury = stock,=20 they are considered issued but no longer outstanding. you can look = in the=20 10Q to see the number of shares used in computing the EPS. Look in = the=20 balance sheet section to see a reconciliation of shares issued, = outstanding,=20 etc.
 
Here's an example from DOCC's latest 10Q found at http://www.sec.gov/Archives/edgar/data/1033864/00009501= 3401509538/d92952e10-q.txt
 
Katherine
 
=3D=3D=3D=3D=3D
<!--StartFragment-->NOTE 3 - NET INCOME PER = SHARE

The=20 Company's basic and diluted net income per share are computed in=20 accordance
with Statement of Financial Accounting Standards No. = 128,=20 "Earnings Per Share"
("SFAS 128"). Basic net income per share is = computed=20 using the weighted average
number of common shares outstanding. = Diluted=20 net income per share is computed
using the weighted average = number of=20 common shares outstanding and the assumed
exercise of stock = options and=20 warrants (using the treasury stock method). The
following is a=20 reconciliation of the shares used in computing basic and = diluted
net=20 income per share for the periods indicated (in=20 = thousands):


<Table>
<Caption>
  &n= bsp;           &nb= sp;           &nbs= p;            = ;            =             &= nbsp;         =20 Three months=20 = ended
          &nbs= p;            = ;            =             &= nbsp;           &n= bsp;           &nb= sp;     =20 October=20 = 31,
           =             &= nbsp;           &n= bsp;           &nb= sp;           &nbs= p;       =20 = p;            = ;            =             &= nbsp;           &n= bsp;           &nb= sp;   =20 = 2001           &nb= sp;=20 = 2000
           = ;            =             &= nbsp;           &n= bsp;           &nb= sp;       =20 -------------  =20 = -------------
<S>        = ;            =             &= nbsp;           &n= bsp;           &nb= sp;       =20 = <C>          &nbs= p; =20 <C>
Shares used in computing basic net income per=20 = share           &n= bsp;           =20 13,624         =20 14,960

Dilutive effect of stock options and=20 = warrants           = ;            =          =20 = 753           &nbs= p;=20 = 847
           =             &= nbsp;           &n= bsp;           &nb= sp;           &nbs= p;       =20 -------------   -------------

Shares used in = computing=20 diluted net income per=20 = share           &n= bsp;         =20 14,377         =20 = 15,807
          &nb= sp;           &nbs= p;            = ;            =             &= nbsp;       =20 =3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D   = =3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D
----- Original Message ----- =
From:=20 Scott = Gettis=20
To: canslim@lists.xmission.com= =20
Sent: Monday, January 28, = 2002 10:58=20 PM
Subject: [CANSLIM] = EPS

when a company buys back shares, does the number of = outstanding=20 shares decrease?  If so, then it is possible for a company to = show=20 earnings growth due to the fact that there are less shares=20 outstanding.  Thus the companys earnings are not really=20 growing.

 
 -----Original=20 Message-----
From: owner-canslim@lists.xmis= sion.com=20 [mailto:owner-canslim@lists.xmission.com]On Behalf Of = Katherine=20 Malm
Sent: Monday, January 28, 2002 8:52 = PM
To:=20 canslim@lists.xmission.com
Subject: Re: [CANSLIM]=20 docc

Hi Scott,
 
The rest of the 41% not owned by management  is = owned by=20 SFE, an "incubator" that has a portfolio of  companies in = which it=20 maintains a substantial portion of the outstanding shares. See = http://www.safeguard.co= m/investorfs.html for=20 a list. You see this kind of discrepancy in the numbers quite = often when=20 a stock is spun off from a parent or from an incubator and not = all=20 shares are distributed to the public in the spin off.
 
Katherine
----- Original Message ----- =
From:=20 Scott=20 Gettis
To: canslim@lists.xmission.com= =20
Sent: Monday, January = 28, 2002=20 10:30 PM
Subject: [CANSLIM] = docc


dgo list the management ownership as=20 18%.
however the (1 - float/total share outstanding)* 100 = =3D 41% ?=20

-
-To subscribe/unsubscribe, email "majordomo@xmission.com"
-In= =20 the email body, write "subscribe canslim" or
-"unsubscribe=20 canslim".  Do not use quotes in your=20 = email.
------=_NextPart_000_002D_01C1A853.30C73C80-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] Another Andersen client Date: 29 Jan 2002 00:30:44 -0500 Hi Patrick, I must disagree with you, at least in part. I don't believe analysts at the major wirehouses have ever represented the interests of the retail clients. The major wirehouses generate income in a variety of ways, including investment banking, consulting, mergers and acquisitions, in-house mutual funds, market making, and retail trading. The last category has traditionally been the smallest producer of net profit, to the best of my opinion. A smaller brokerage house, where they are not a market maker, may be less biased even if they do investment banking. But if they do underwriting, there will always be a bias in favor of firms they brought public. Major wirehouses have a retail business line because they must, it's a part of the industry. It is also a handy place to peddle their house analyst's morning opinion and generate sudden volume, especially if they make a market in the stock. With decimalization, the spread on stocks has tightened up so much that firms can no longer make that much trading stocks, so this conflict of interest has been lessened. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message ----- Sent: Monday, January 28, 2002 11:03 PM > He was replying to my comment on analysts, and how they have changing > allegiances since the seventies, when retail customers represented more of the > brokerage's income. Enton is unrelated to that, but the fact that most analysts were > not warning anyone of the seriousness of the problems (some analysts still had buys > on it up to the bankruptcy) may be related to the deregulation. > > On 28 Jan 2002 at 22:32, Spencer48@aol.com wrote: > > > Mike: > > > > I'm not certain what you're saying here. Is the conclusion suppose to > > be that deregulation and increased competition led to the Enron debacle? > > But, if so, and if dereg began in the 70's, why did it take 30 years for a > > financial catastrophe like this one to occur? And if it didn't take 30 > > years-what was the first one? > > > > And does the go-go era of the 90's (stock market wise) evince convincing > > contrary evidence that dereg and increased competition in commisssions is a > > bad thing? > > > > Moreover, I'd hazard that a lot of people including corporate accounts > > and investment bank officers lost money in Enron. That's why it plummeted > > the way it did-because everyone was selling, and no one (except perhaps > > Anderson auditors, and certain officials in Enron) had any idea-since the > > losses were off the books-why. > > > > jans > > > > > > > > > > In a message dated 1/28/2002 9:36:18 PM Eastern Standard Time, > > mikegibbons@proactech.com writes: > > > > << Yes, commissions were deregulated in the 70's and competition and the > > internet have driven them ever lower making the investment banks dependant > > on thier corporate instead of retail clients. An example of the unintended > > consequences of deregulation. Every silver lining has a cloud. > > >> > > > > - > > -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. ------------------------------------------------------------------------------- From: "Patrick Wahl" Subject: Re: [CANSLIM] Another Andersen client Date: 28 Jan 2002 22:49:36 -0700 Well, we both agree they aren't doing anyone a lot of good these days. The seventies were a few years before I had any business awareness, so I only know what the fellow on CNBC was saying today regarding that era. On 29 Jan 2002 at 0:30, Tom Worley wrote: > Hi Patrick, > > I must disagree with you, at least in part. I don't believe analysts at the > major wirehouses have ever represented the interests of the retail clients. > The major wirehouses generate income in a variety of ways, including > investment banking, consulting, mergers and acquisitions, in-house mutual > funds, market making, and retail trading. The last category has > traditionally been the smallest producer of net profit, to the best of my > opinion. > > A smaller brokerage house, where they are not a market maker, may be less > biased even if they do investment banking. But if they do underwriting, > there will always be a bias in favor of firms they brought public. > > Major wirehouses have a retail business line because they must, it's a part > of the industry. It is also a handy place to peddle their house analyst's > morning opinion and generate sudden volume, especially if they make a market > in the stock. > > With decimalization, the spread on stocks has tightened up so much that > firms can no longer make that much trading stocks, so this conflict of > interest has been lessened. > > Tom Worley > stkguru@netside.net > AIM: TexWorley > ----- Original Message ----- > From: "Patrick Wahl" > To: > Sent: Monday, January 28, 2002 11:03 PM > Subject: Re: [CANSLIM] Another Andersen client > > > > He was replying to my comment on analysts, and how they have changing > > allegiances since the seventies, when retail customers represented more of > the > > brokerage's income. Enton is unrelated to that, but the fact that most > analysts were > > not warning anyone of the seriousness of the problems (some analysts still > had buys > > on it up to the bankruptcy) may be related to the deregulation. > > > > On 28 Jan 2002 at 22:32, Spencer48@aol.com wrote: > > > > > Mike: > > > > > > I'm not certain what you're saying here. Is the conclusion suppose > to > > > be that deregulation and increased competition led to the Enron debacle? > > > But, if so, and if dereg began in the 70's, why did it take 30 years > for a > > > financial catastrophe like this one to occur? And if it didn't take 30 > > > years-what was the first one? > > > > > > And does the go-go era of the 90's (stock market wise) evince > convincing > > > contrary evidence that dereg and increased competition in commisssions > is a > > > bad thing? > > > > > > Moreover, I'd hazard that a lot of people including corporate > accounts > > > and investment bank officers lost money in Enron. That's why it > plummeted > > > the way it did-because everyone was selling, and no one (except perhaps > > > Anderson auditors, and certain officials in Enron) had any idea-since > the > > > losses were off the books-why. > > > > > > jans > > > > > > > > > > > > > > > In a message dated 1/28/2002 9:36:18 PM Eastern Standard Time, > > > mikegibbons@proactech.com writes: > > > > > > << Yes, commissions were deregulated in the 70's and competition and the > > > internet have driven them ever lower making the investment banks > dependant > > > on thier corporate instead of retail clients. An example of the > unintended > > > consequences of deregulation. Every silver lining has a cloud. > > > >> > > > > > > - > > > -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. - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Vanchee1@aol.com Subject: Re: [CANSLIM] Short Date: 29 Jan 2002 09:11:19 EST --part1_48.5a91d49.29880787_boundary Content-Type: text/plain; charset="US-ASCII" Content-Transfer-Encoding: 7bit Great sites Katherine thanks. Chris. --part1_48.5a91d49.29880787_boundary Content-Type: text/html; charset="US-ASCII" Content-Transfer-Encoding: 7bit Great sites Katherine thanks.

Chris. --part1_48.5a91d49.29880787_boundary-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Bert Pesak" Subject: [CANSLIM] Katherine's Lecture Date: 29 Jan 2002 10:22:08 -0500 Gene, Katherine, If you have a copy of Katherine's lecture I would like to read it. I'm sure it will help me get a handle on how deep I want to get into the Canslim process. Katherine, could you briefly explain some of the differences between DGO & VectorVest. Thanks for you help. Bert Pesak bpesak@ct1.nai.net - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] Another Andersen client Date: 29 Jan 2002 10:33:36 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_0073_01C1A8B0.689573E0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi Mike, As I mentioned last night, I consider Management (and thereby the Board = as well) to be solely responsible when a company fails. Market = conditions are just their excuse for poor planning and awareness of = activity in their industry. The auditors don't cause bankruptcy, but = they can intervene to prevent one (but I agree, they are reluctant to = oppose management). Most importantly, tho, they must produce an accurate = and comprehensive report of the company's finances.=20 It is hard for me to believe that Andersen could not see what Enron was = doing, and realize the eventual outcome. Likewise, it is hard for me to = believe that Andersen could audit Global Crossing in early 2001, and not = foresee coming bankruptcy if they did not reduce their burn rate. Even = then the economy was slowing, and capacity was far ahead of developing = demand. I do expect Andersen to survive, but will either merge or no longer be a = "top 5" accounting firm. I expect they will try to isolate the blame on = "rogues" in the Houston office. Texas is already looking at unlicensing = Andersen for doing business in the entire state, and that would hurt = them. Other states may consider the same action. And clients doing both = audit and consulting business may get nervous, and drop one or the = other.=20 Going forward, I would expect Andersen, at least for the next few years, = to stop doing both, and focus on only one at a time with a particular = corporation. They are going to have to rebuild their reputation. The = ultimate outcome may be to cause all accounting firms to conduct = themselves in a more conservative and ethical fashion, being more = aggressive with their opinions when they have doubts about a company = (ok, so I am still an optimist). Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Mike Gibbons=20 To: canslim@lists.xmission.com=20 Sent: Monday, January 28, 2002 9:31 PM Subject: RE: [CANSLIM] Another Andersen client Tom, Andersen's chairman could hardly say anything else, or all their = existing clients would head for the door, just as some of them have = reportedly done already. I think their future is in doubt and they = certainly risk losing key partners and staff because the malodour of = working for Andersen's is not one they will all want to bear. Their = future is probably to become a second or third tier firm, or be merged = into what will become the big 4. The implication of your post is that bankruptcies are somehow linked = to the auditor but I find that a bit of a stretch, despite the = circumstantial evidence you cite. Management and the Board, together = with market conditions, must surely bear the responsibility for a = company going belly-up. The Auditors role is not to tell management = where their policies may lead the company to failure, in fact = questioning management is something they are loath to do. Andersens = would appear to have failed in their fiduciary responsibility to = shareholders in the Enron case (although I think we should consider them = innocent until proven guilty), but I have seen no evidence that in doing = so they contributed to Enron's collapse. Last Friday, All Things Considered (NPR) had a story about how some = analysts had been shorting Enron stock, or refused to recommend it, = because their numbers were non-sensical. You can hear it here = http://www.npr.org/ramfiles/atc/20020125.atc.10.ram As for answering your question about data sources, I have no idea. = Because the Accounting firms are partnerships, they have no = responsibility to publish such information and clearly have an interest = in holding it closely, so I doubt it is available. Aloha, Mike Gibbons Proactive Technologies, LLC http://www.proactech.com -----Original Message----- From: owner-canslim@lists.xmission.com = [mailto:owner-canslim@lists.xmission.com]On Behalf Of Tom Worley Sent: Monday, January 28, 2002 3:34 PM To: canslim@lists.xmission.com Subject: [CANSLIM] Another Andersen client Global Crossing Ltd (GX) just filed for bankruptcy as a preplanned = reorganization in which two of its Asian partners will buy the assets = for $750 million. Closed today at 28 cents, down 23 cents for the day on = NYSE (gotta be embarrassing to NYSE, ENE was the record bankruptcy, GX = is #4, and that's just this month). I am sure it's a coincidence, but = for year 2000 Andersen billed them $2.3 million for audit services, and = nearly $12 million for consulting and other non-audit services. I am = sure that couldn't have biased Andersen in any way, of course. Common and preferred shareholders lose everything, including = Management reported still owning 14%. Then again, there was some insider = selling last May when the stock was still in the mid-teens, as well as = some buying in October when it traded $1-3. Anybody know a place on the net where I can find a list of = Andersen's clients, showing billing by Audit and non-Audit services? I = would like to do some shorting. There seems to be a pattern emerging = here. The Chairman of Andersen says the firm will survive, but I am not = sure that is good news for investors. Tom Worley stkguru@netside.net AIM: TexWorley ------=_NextPart_000_0073_01C1A8B0.689573E0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Hi Mike,
 
As I mentioned last night, I consider Management = (and=20 thereby the Board as well) to be solely responsible when a company = fails. Market=20 conditions are just their excuse for poor planning and awareness of = activity in=20 their industry. The auditors don't cause bankruptcy, but they can = intervene to=20 prevent one (but I agree, they are reluctant to oppose management). Most = importantly, tho, they must produce an accurate and comprehensive report = of the=20 company's finances.
 
It is hard for me to believe that Andersen could = not see=20 what Enron was doing, and realize the eventual outcome. Likewise, it is = hard for=20 me to believe that Andersen could audit Global Crossing in early 2001, = and not=20 foresee coming bankruptcy if they did not reduce their burn rate. Even = then the=20 economy was slowing, and capacity was far ahead of developing=20 demand.
 
I do expect Andersen to survive, but will either = merge or=20 no longer be a "top 5" accounting firm. I expect they will try to = isolate the=20 blame on "rogues" in the Houston office. Texas is already looking at = unlicensing=20 Andersen for doing business in the entire state, and that would hurt = them. Other=20 states may consider the same action. And clients doing both audit and = consulting=20 business may get nervous, and drop one or the other.
 
Going forward, I would expect Andersen, at least = for the=20 next few years, to stop doing both, and focus on only one at a time with = a=20 particular corporation. They are going to have to rebuild their = reputation. The=20 ultimate outcome may be to cause all accounting firms to conduct = themselves in a=20 more conservative and ethical fashion, being more aggressive with their = opinions=20 when they have doubts about a company (ok, so I am still an=20 optimist).
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Mike Gibbons
Sent: Monday, January 28, 2002 = 9:31=20 PM
Subject: RE: [CANSLIM] Another = Andersen=20 client

Tom,
 
Andersen's chairman could hardly say = anything else,=20 or all their existing clients would head for the door, just as some of = them=20 have reportedly done already. I think their future is in doubt and = they=20 certainly risk losing key partners and staff because the malodour of = working=20 for Andersen's is not one they will all want to bear. Their future is = probably=20 to become a second or third tier firm, or be merged into what = will become=20 the big 4.
 
The=20 implication of your post is that bankruptcies are somehow linked to = the=20 auditor but I find that a bit of a stretch, despite the circumstantial = evidence you cite. Management and the Board, together with market = conditions,=20 must surely bear the responsibility for a company going belly-up. The = Auditors=20 role is not to tell management where their policies may lead the = company to=20 failure, in fact questioning management is something they are loath to = do.=20 Andersens would appear to have failed in their fiduciary = responsibility to=20 shareholders in the Enron case (although I think we should consider = them=20 innocent until proven guilty), but I have seen no evidence that in = doing so=20 they contributed to Enron's collapse.
 
Last=20 Friday, All Things Considered (NPR) had a story about how some = analysts had=20 been shorting Enron stock, or refused to recommend it, because their = numbers=20 were non-sensical. You can hear it here http://www.n= pr.org/ramfiles/atc/20020125.atc.10.ram
 
As=20 for answering your question about data sources, I have no idea. = Because the=20 Accounting firms are partnerships, they have no responsibility to = publish such=20 information and clearly have an interest in holding it closely, so I = doubt it=20 is available.
 
Aloha,
 
Mike Gibbons
Proactive = Technologies,=20 LLC
http://www.proactech.com
-----Original Message-----
From:=20 owner-canslim@lists.xmission.com=20 [mailto:owner-canslim@lists.xmission.com]On Behalf Of Tom=20 Worley
Sent: Monday, January 28, 2002 3:34 = PM
To:=20 canslim@lists.xmission.com
Subject: [CANSLIM] Another = Andersen=20 client

Global Crossing Ltd (GX) just filed for = bankruptcy as a preplanned reorganization in which two of its Asian = partners=20 will buy the assets for $750 million. Closed today at 28 cents, down = 23=20 cents for the day on NYSE (gotta be embarrassing to NYSE, ENE was = the record=20 bankruptcy, GX is #4, and that's just this month). I am sure it's a=20 coincidence, but for year 2000 Andersen billed them $2.3 million for = audit=20 services, and nearly $12 million for consulting and other non-audit=20 services. I am sure that couldn't have biased Andersen in any way, = of=20 course.
 
Common and preferred shareholders lose = everything,=20 including Management reported still owning 14%. Then again, there = was some=20 insider selling last May when the stock was still in the mid-teens, = as well=20 as some buying in October when it traded $1-3.
 
Anybody know a place on the net where I can = find a=20 list of Andersen's clients, showing billing by Audit and non-Audit = services?=20 I would like to do some shorting. There seems to be a pattern = emerging here.=20 The Chairman of Andersen says the firm will survive, but I am not = sure that=20 is good news for investors.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
------=_NextPart_000_0073_01C1A8B0.689573E0-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Neal Frankle Subject: [CANSLIM] Excel Help Date: 29 Jan 2002 08:00:51 -0800 I would like to find a program that will update my spreadsheets with current = price info so I could have a running p&l. In other words, I would enter my symbols and the price I paid, the program = would update the spreadsheet daily or whatever. Any thoughts? Neal - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Mike Gibbons" Subject: RE: [CANSLIM] Another Andersen client Date: 29 Jan 2002 06:08:13 -1000 This is a multi-part message in MIME format. ------=_NextPart_000_0015_01C1A88B.5583B520 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: 7bit HI Tom, Thanks for the lengthy response. We seem to be broadly in agreement except on management's responsibility for market conditions. There are some external shocks that management could never forsee or plan for, the most recent obvious one being 9/11 which has caused many failures. I'd give management a break on those kinds of things (unless of course they hadn't implemented a disaster recovery plan). I also think Andersen maybe a special case within the accounting industry to some degeree. I've been out of a big 6 firm for a few years now, so I've lost touch, but the defection of Andesen's consulting partners to form Andersen Consulting about 10 years ago left the remaining Audit and Tax partners with a big cut in their income. Maybe this caused them to be more maleable and less prudent in their audit work. Pure speculation on my part. Aloha, Mike Gibbons -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Tom Worley Sent: Tuesday, January 29, 2002 5:34 AM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] Another Andersen client Hi Mike, As I mentioned last night, I consider Management (and thereby the Board as well) to be solely responsible when a company fails. Market conditions are just their excuse for poor planning and awareness of activity in their industry. The auditors don't cause bankruptcy, but they can intervene to prevent one (but I agree, they are reluctant to oppose management). Most importantly, tho, they must produce an accurate and comprehensive report of the company's finances. It is hard for me to believe that Andersen could not see what Enron was doing, and realize the eventual outcome. Likewise, it is hard for me to believe that Andersen could audit Global Crossing in early 2001, and not foresee coming bankruptcy if they did not reduce their burn rate. Even then the economy was slowing, and capacity was far ahead of developing demand. I do expect Andersen to survive, but will either merge or no longer be a "top 5" accounting firm. I expect they will try to isolate the blame on "rogues" in the Houston office. Texas is already looking at unlicensing Andersen for doing business in the entire state, and that would hurt them. Other states may consider the same action. And clients doing both audit and consulting business may get nervous, and drop one or the other. Going forward, I would expect Andersen, at least for the next few years, to stop doing both, and focus on only one at a time with a particular corporation. They are going to have to rebuild their reputation. The ultimate outcome may be to cause all accounting firms to conduct themselves in a more conservative and ethical fashion, being more aggressive with their opinions when they have doubts about a company (ok, so I am still an optimist). Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message ----- From: Mike Gibbons To: canslim@lists.xmission.com Sent: Monday, January 28, 2002 9:31 PM Subject: RE: [CANSLIM] Another Andersen client Tom, Andersen's chairman could hardly say anything else, or all their existing clients would head for the door, just as some of them have reportedly done already. I think their future is in doubt and they certainly risk losing key partners and staff because the malodour of working for Andersen's is not one they will all want to bear. Their future is probably to become a second or third tier firm, or be merged into what will become the big 4. The implication of your post is that bankruptcies are somehow linked to the auditor but I find that a bit of a stretch, despite the circumstantial evidence you cite. Management and the Board, together with market conditions, must surely bear the responsibility for a company going belly-up. The Auditors role is not to tell management where their policies may lead the company to failure, in fact questioning management is something they are loath to do. Andersens would appear to have failed in their fiduciary responsibility to shareholders in the Enron case (although I think we should consider them innocent until proven guilty), but I have seen no evidence that in doing so they contributed to Enron's collapse. Last Friday, All Things Considered (NPR) had a story about how some analysts had been shorting Enron stock, or refused to recommend it, because their numbers were non-sensical. You can hear it here http://www.npr.org/ramfiles/atc/20020125.atc.10.ram As for answering your question about data sources, I have no idea. Because the Accounting firms are partnerships, they have no responsibility to publish such information and clearly have an interest in holding it closely, so I doubt it is available. Aloha, Mike Gibbons Proactive Technologies, LLC http://www.proactech.com -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Tom Worley Sent: Monday, January 28, 2002 3:34 PM To: canslim@lists.xmission.com Subject: [CANSLIM] Another Andersen client Global Crossing Ltd (GX) just filed for bankruptcy as a preplanned reorganization in which two of its Asian partners will buy the assets for $750 million. Closed today at 28 cents, down 23 cents for the day on NYSE (gotta be embarrassing to NYSE, ENE was the record bankruptcy, GX is #4, and that's just this month). I am sure it's a coincidence, but for year 2000 Andersen billed them $2.3 million for audit services, and nearly $12 million for consulting and other non-audit services. I am sure that couldn't have biased Andersen in any way, of course. Common and preferred shareholders lose everything, including Management reported still owning 14%. Then again, there was some insider selling last May when the stock was still in the mid-teens, as well as some buying in October when it traded $1-3. Anybody know a place on the net where I can find a list of Andersen's clients, showing billing by Audit and non-Audit services? I would like to do some shorting. There seems to be a pattern emerging here. The Chairman of Andersen says the firm will survive, but I am not sure that is good news for investors. Tom Worley stkguru@netside.net AIM: TexWorley ------=_NextPart_000_0015_01C1A88B.5583B520 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
HI=20 Tom,
 
Thanks=20 for the lengthy response. We seem to be broadly in agreement except on=20 management's responsibility for market conditions. There are some = external=20 shocks that management could never forsee or plan for, the most recent = obvious=20 one being 9/11 which has caused many failures. I'd give management a = break on=20 those kinds of things (unless of course they hadn't implemented a = disaster=20 recovery plan).
 
I also=20 think Andersen maybe a special case within the accounting industry to = some=20 degeree. I've been out of a big 6 firm for a few years now, so I've lost = touch,=20 but the defection of Andesen's consulting partners to form Andersen = Consulting=20 about 10 years ago left the remaining Audit and Tax partners with a big = cut in=20 their income. Maybe this caused them to be more maleable and less = prudent in=20 their audit work. Pure speculation on my part.
 
Aloha,
 
Mike Gibbons
-----Original Message-----
From:=20 owner-canslim@lists.xmission.com=20 [mailto:owner-canslim@lists.xmission.com]On Behalf Of Tom=20 Worley
Sent: Tuesday, January 29, 2002 5:34 AM
To: = canslim@lists.xmission.com
Subject: Re: [CANSLIM] Another = Andersen=20 client

Hi Mike,
 
As I mentioned last night, I consider = Management (and=20 thereby the Board as well) to be solely responsible when a company = fails.=20 Market conditions are just their excuse for poor planning and = awareness of=20 activity in their industry. The auditors don't cause bankruptcy, but = they can=20 intervene to prevent one (but I agree, they are reluctant to oppose=20 management). Most importantly, tho, they must produce an accurate and=20 comprehensive report of the company's finances.
 
It is hard for me to believe that Andersen = could not see=20 what Enron was doing, and realize the eventual outcome. Likewise, it = is hard=20 for me to believe that Andersen could audit Global Crossing in early = 2001, and=20 not foresee coming bankruptcy if they did not reduce their burn rate. = Even=20 then the economy was slowing, and capacity was far ahead of developing = demand.
 
I do expect Andersen to survive, but will = either merge=20 or no longer be a "top 5" accounting firm. I expect they will try to = isolate=20 the blame on "rogues" in the Houston office. Texas is already looking = at=20 unlicensing Andersen for doing business in the entire state, and that = would=20 hurt them. Other states may consider the same action. And clients = doing both=20 audit and consulting business may get nervous, and drop one or the = other.=20
 
Going forward, I would expect Andersen, at = least for the=20 next few years, to stop doing both, and focus on only one at a time = with a=20 particular corporation. They are going to have to rebuild their = reputation.=20 The ultimate outcome may be to cause all accounting firms to conduct=20 themselves in a more conservative and ethical fashion, being more = aggressive=20 with their opinions when they have doubts about a company (ok, so I am = still=20 an optimist).
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Mike Gibbons
To: canslim@lists.xmission.com =
Sent: Monday, January 28, = 2002 9:31=20 PM
Subject: RE: [CANSLIM] = Another Andersen=20 client

Tom,
 
Andersen's chairman could hardly say = anything else,=20 or all their existing clients would head for the door, just as some = of them=20 have reportedly done already. I think their future is in doubt and = they=20 certainly risk losing key partners and staff because the malodour of = working=20 for Andersen's is not one they will all want to bear. Their future = is=20 probably to become a second or third tier firm, or be merged = into what=20 will become the big 4.
 
The implication of your post is that = bankruptcies=20 are somehow linked to the auditor but I find that a bit of a = stretch,=20 despite the circumstantial evidence you cite. Management and the = Board,=20 together with market conditions, must surely bear the responsibility = for a=20 company going belly-up. The Auditors role is not to tell management = where=20 their policies may lead the company to failure, in fact questioning=20 management is something they are loath to do. Andersens would appear = to have=20 failed in their fiduciary responsibility to shareholders in the = Enron case=20 (although I think we should consider them innocent until proven = guilty), but=20 I have seen no evidence that in doing so they contributed to Enron's = collapse.
 
Last Friday, All Things Considered (NPR) = had a=20 story about how some analysts had been shorting Enron stock, or = refused to=20 recommend it, because their numbers were non-sensical. You can hear = it here=20 http://www.n= pr.org/ramfiles/atc/20020125.atc.10.ram
 
As=20 for answering your question about data sources, I have no idea. = Because the=20 Accounting firms are partnerships, they have no responsibility to = publish=20 such information and clearly have an interest in holding it closely, = so I=20 doubt it is available.
 
Aloha,
 
Mike Gibbons
Proactive = Technologies,=20 LLC
http://www.proactech.com
-----Original Message-----
From:=20 owner-canslim@lists.xmission.com=20 [mailto:owner-canslim@lists.xmission.com]On Behalf Of Tom=20 Worley
Sent: Monday, January 28, 2002 3:34 = PM
To:=20 canslim@lists.xmission.com
Subject: [CANSLIM] Another = Andersen=20 client

Global Crossing Ltd (GX) just filed = for=20 bankruptcy as a preplanned reorganization in which two of its = Asian=20 partners will buy the assets for $750 million. Closed today at 28 = cents,=20 down 23 cents for the day on NYSE (gotta be embarrassing to NYSE, = ENE was=20 the record bankruptcy, GX is #4, and that's just this month). I am = sure=20 it's a coincidence, but for year 2000 Andersen billed them $2.3 = million=20 for audit services, and nearly $12 million for consulting and = other=20 non-audit services. I am sure that couldn't have biased Andersen = in any=20 way, of course.
 
Common and preferred shareholders lose = everything,=20 including Management reported still owning 14%. Then again, there = was some=20 insider selling last May when the stock was still in the = mid-teens, as=20 well as some buying in October when it traded $1-3.
 
Anybody know a place on the net where I = can find a=20 list of Andersen's clients, showing billing by Audit and non-Audit = services? I would like to do some shorting. There seems to be a = pattern=20 emerging here. The Chairman of Andersen says the firm will = survive, but I=20 am not sure that is good news for investors.
 
Tom Worley
stkguru@netside.net
AIM:=20 = TexWorley
------=_NextPart_000_0015_01C1A88B.5583B520-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tangen, Eric" Subject: [CANSLIM] Candidate List: ETsPVWwSNC 1/28/02 Date: 29 Jan 2002 11:08:30 -0500 Hello All, After about 6 months of development, I've developed a breakout scanning capability based entirely on statistics of price and volume. ETsPVWwSNC is a scan I've developed; it stands for ET's Price Volume Winners with Serious Number Crunching. The only thing that is CANSLIM related to this methodology is that it is looking for a breakout. No fundies, no cup and handles, little to no chart pattern reading, no scan for % institutional sponsorship, etc. I'm not going to divulge the details of my work - too much time and effort went into this to give it away. And its still a work in progress. I've got some serious backtesting I've got to code up for - I can't quote you a figure for the reliability of these breakouts. For now, I will share ticker symbols. Here's yesterdays results: Monday - 01/28/02 ACE AMZN CTX LTD MERQ PSSI PX SGM (my favorite chart of the bunch) TVLY WY I'm neutral to somewhat positive on the broad market averages. ERIC TANGEN - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] Another Andersen client Date: 29 Jan 2002 11:26:01 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_008E_01C1A8B7.BB182D90 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi Mike, I would certainly agree, external and unforeseeable events (at least at = the corp level) like the 9/11 attacks are not management's fault. But a = company the size of GX doesn't fail in 4 months because of this. I am sure that the split off of Andersen Consulting affected the = remaining partner's income. Same happens when a big law firm has several = major producers go independent. But that doesn't justify prostituting = themselves for the almighty buck if they have any ethics, much less = business sense. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Mike Gibbons=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, January 29, 2002 11:08 AM Subject: RE: [CANSLIM] Another Andersen client HI Tom, Thanks for the lengthy response. We seem to be broadly in agreement = except on management's responsibility for market conditions. There are = some external shocks that management could never forsee or plan for, the = most recent obvious one being 9/11 which has caused many failures. I'd = give management a break on those kinds of things (unless of course they = hadn't implemented a disaster recovery plan). I also think Andersen maybe a special case within the accounting = industry to some degeree. I've been out of a big 6 firm for a few years = now, so I've lost touch, but the defection of Andesen's consulting = partners to form Andersen Consulting about 10 years ago left the = remaining Audit and Tax partners with a big cut in their income. Maybe = this caused them to be more maleable and less prudent in their audit = work. Pure speculation on my part. Aloha, Mike Gibbons -----Original Message----- From: owner-canslim@lists.xmission.com = [mailto:owner-canslim@lists.xmission.com]On Behalf Of Tom Worley Sent: Tuesday, January 29, 2002 5:34 AM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] Another Andersen client Hi Mike, As I mentioned last night, I consider Management (and thereby the = Board as well) to be solely responsible when a company fails. Market = conditions are just their excuse for poor planning and awareness of = activity in their industry. The auditors don't cause bankruptcy, but = they can intervene to prevent one (but I agree, they are reluctant to = oppose management). Most importantly, tho, they must produce an accurate = and comprehensive report of the company's finances.=20 It is hard for me to believe that Andersen could not see what Enron = was doing, and realize the eventual outcome. Likewise, it is hard for me = to believe that Andersen could audit Global Crossing in early 2001, and = not foresee coming bankruptcy if they did not reduce their burn rate. = Even then the economy was slowing, and capacity was far ahead of = developing demand. I do expect Andersen to survive, but will either merge or no longer = be a "top 5" accounting firm. I expect they will try to isolate the = blame on "rogues" in the Houston office. Texas is already looking at = unlicensing Andersen for doing business in the entire state, and that = would hurt them. Other states may consider the same action. And clients = doing both audit and consulting business may get nervous, and drop one = or the other.=20 Going forward, I would expect Andersen, at least for the next few = years, to stop doing both, and focus on only one at a time with a = particular corporation. They are going to have to rebuild their = reputation. The ultimate outcome may be to cause all accounting firms to = conduct themselves in a more conservative and ethical fashion, being = more aggressive with their opinions when they have doubts about a = company (ok, so I am still an optimist). Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Mike Gibbons=20 To: canslim@lists.xmission.com=20 Sent: Monday, January 28, 2002 9:31 PM Subject: RE: [CANSLIM] Another Andersen client Tom, Andersen's chairman could hardly say anything else, or all their = existing clients would head for the door, just as some of them have = reportedly done already. I think their future is in doubt and they = certainly risk losing key partners and staff because the malodour of = working for Andersen's is not one they will all want to bear. Their = future is probably to become a second or third tier firm, or be merged = into what will become the big 4. The implication of your post is that bankruptcies are somehow = linked to the auditor but I find that a bit of a stretch, despite the = circumstantial evidence you cite. Management and the Board, together = with market conditions, must surely bear the responsibility for a = company going belly-up. The Auditors role is not to tell management = where their policies may lead the company to failure, in fact = questioning management is something they are loath to do. Andersens = would appear to have failed in their fiduciary responsibility to = shareholders in the Enron case (although I think we should consider them = innocent until proven guilty), but I have seen no evidence that in doing = so they contributed to Enron's collapse. Last Friday, All Things Considered (NPR) had a story about how = some analysts had been shorting Enron stock, or refused to recommend it, = because their numbers were non-sensical. You can hear it here = http://www.npr.org/ramfiles/atc/20020125.atc.10.ram As for answering your question about data sources, I have no idea. = Because the Accounting firms are partnerships, they have no = responsibility to publish such information and clearly have an interest = in holding it closely, so I doubt it is available. Aloha, Mike Gibbons Proactive Technologies, LLC http://www.proactech.com -----Original Message----- From: owner-canslim@lists.xmission.com = [mailto:owner-canslim@lists.xmission.com]On Behalf Of Tom Worley Sent: Monday, January 28, 2002 3:34 PM To: canslim@lists.xmission.com Subject: [CANSLIM] Another Andersen client Global Crossing Ltd (GX) just filed for bankruptcy as a = preplanned reorganization in which two of its Asian partners will buy = the assets for $750 million. Closed today at 28 cents, down 23 cents for = the day on NYSE (gotta be embarrassing to NYSE, ENE was the record = bankruptcy, GX is #4, and that's just this month). I am sure it's a = coincidence, but for year 2000 Andersen billed them $2.3 million for = audit services, and nearly $12 million for consulting and other = non-audit services. I am sure that couldn't have biased Andersen in any = way, of course. Common and preferred shareholders lose everything, including = Management reported still owning 14%. Then again, there was some insider = selling last May when the stock was still in the mid-teens, as well as = some buying in October when it traded $1-3. Anybody know a place on the net where I can find a list of = Andersen's clients, showing billing by Audit and non-Audit services? I = would like to do some shorting. There seems to be a pattern emerging = here. The Chairman of Andersen says the firm will survive, but I am not = sure that is good news for investors. Tom Worley stkguru@netside.net AIM: TexWorley ------=_NextPart_000_008E_01C1A8B7.BB182D90 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Hi Mike,
 
I would certainly agree, external and = unforeseeable events=20 (at least at the corp level) like the 9/11 attacks are not management's = fault.=20 But a company the size of GX doesn't fail in 4 months because of=20 this.
 
I am sure that the split off of Andersen = Consulting=20 affected the remaining partner's income. Same happens when a big law = firm has=20 several major producers go independent. But that doesn't justify = prostituting=20 themselves for the almighty buck if they have any ethics, much less = business=20 sense.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Mike Gibbons
Sent: Tuesday, January 29, 2002 = 11:08=20 AM
Subject: RE: [CANSLIM] Another = Andersen=20 client

HI=20 Tom,
 
Thanks for the lengthy response. We seem to = be=20 broadly in agreement except on management's responsibility for market=20 conditions. There are some external shocks that management could never = forsee=20 or plan for, the most recent obvious one being 9/11 which has caused = many=20 failures. I'd give management a break on those kinds of things (unless = of=20 course they hadn't implemented a disaster recovery = plan).
 
I=20 also think Andersen maybe a special case within the accounting = industry to=20 some degeree. I've been out of a big 6 firm for a few years now, so = I've lost=20 touch, but the defection of Andesen's consulting partners to form = Andersen=20 Consulting about 10 years ago left the remaining Audit and Tax = partners with a=20 big cut in their income. Maybe this caused them to be more maleable = and less=20 prudent in their audit work. Pure speculation on my = part.
 
Aloha,
 
Mike Gibbons
-----Original Message-----
From:=20 owner-canslim@lists.xmission.com=20 [mailto:owner-canslim@lists.xmission.com]On Behalf Of Tom=20 Worley
Sent: Tuesday, January 29, 2002 5:34 = AM
To:=20 canslim@lists.xmission.com
Subject: Re: [CANSLIM] Another = Andersen=20 client

Hi Mike,
 
As I mentioned last night, I consider = Management (and=20 thereby the Board as well) to be solely responsible when a company = fails.=20 Market conditions are just their excuse for poor planning and = awareness of=20 activity in their industry. The auditors don't cause bankruptcy, but = they=20 can intervene to prevent one (but I agree, they are reluctant to = oppose=20 management). Most importantly, tho, they must produce an accurate = and=20 comprehensive report of the company's finances.
 
It is hard for me to believe that Andersen = could not=20 see what Enron was doing, and realize the eventual outcome. = Likewise, it is=20 hard for me to believe that Andersen could audit Global Crossing in = early=20 2001, and not foresee coming bankruptcy if they did not reduce their = burn=20 rate. Even then the economy was slowing, and capacity was far ahead = of=20 developing demand.
 
I do expect Andersen to survive, but will = either merge=20 or no longer be a "top 5" accounting firm. I expect they will try to = isolate=20 the blame on "rogues" in the Houston office. Texas is already = looking at=20 unlicensing Andersen for doing business in the entire state, and = that would=20 hurt them. Other states may consider the same action. And clients = doing both=20 audit and consulting business may get nervous, and drop one or the = other.=20
 
Going forward, I would expect Andersen, at = least for=20 the next few years, to stop doing both, and focus on only one at a = time with=20 a particular corporation. They are going to have to rebuild their=20 reputation. The ultimate outcome may be to cause all accounting = firms to=20 conduct themselves in a more conservative and ethical fashion, being = more=20 aggressive with their opinions when they have doubts about a company = (ok, so=20 I am still an optimist).
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message ----- =
From:=20 Mike Gibbons
To: canslim@lists.xmission.com= =20
Sent: Monday, January 28, = 2002 9:31=20 PM
Subject: RE: [CANSLIM] = Another=20 Andersen client

Tom,
 
Andersen's chairman could hardly say = anything=20 else, or all their existing clients would head for the door, just = as some=20 of them have reportedly done already. I think their future is in = doubt and=20 they certainly risk losing key partners and staff because the = malodour of=20 working for Andersen's is not one they will all want to bear. = Their future=20 is probably to become a second or third tier firm, or be = merged into=20 what will become the big 4.
 
The implication of your post is that = bankruptcies=20 are somehow linked to the auditor but I find that a bit of a = stretch,=20 despite the circumstantial evidence you cite. Management and the = Board,=20 together with market conditions, must surely bear the = responsibility for a=20 company going belly-up. The Auditors role is not to tell = management where=20 their policies may lead the company to failure, in fact = questioning=20 management is something they are loath to do. Andersens would = appear to=20 have failed in their fiduciary responsibility to shareholders in = the Enron=20 case (although I think we should consider them innocent until = proven=20 guilty), but I have seen no evidence that in doing so they = contributed to=20 Enron's collapse.
 
Last Friday, All Things Considered = (NPR) had a=20 story about how some analysts had been shorting Enron stock, or = refused to=20 recommend it, because their numbers were non-sensical. You can = hear it=20 here http://www.n= pr.org/ramfiles/atc/20020125.atc.10.ram
 
As for answering your question about = data=20 sources, I have no idea. Because the Accounting firms are = partnerships,=20 they have no responsibility to publish such information and = clearly have=20 an interest in holding it closely, so I doubt it is=20 available.
 
Aloha,
 
Mike Gibbons
Proactive = Technologies,=20 LLC
http://www.proactech.com
-----Original Message-----
From:=20 owner-canslim@lists.xmission.com=20 [mailto:owner-canslim@lists.xmission.com]On Behalf Of Tom = Worley
Sent: Monday, January 28, 2002 3:34 = PM
To:=20 canslim@lists.xmission.com
Subject: [CANSLIM] Another = Andersen=20 client

Global Crossing Ltd (GX) just filed = for=20 bankruptcy as a preplanned reorganization in which two of its = Asian=20 partners will buy the assets for $750 million. Closed today at = 28 cents,=20 down 23 cents for the day on NYSE (gotta be embarrassing to = NYSE, ENE=20 was the record bankruptcy, GX is #4, and that's just this = month). I am=20 sure it's a coincidence, but for year 2000 Andersen billed them = $2.3=20 million for audit services, and nearly $12 million for = consulting and=20 other non-audit services. I am sure that couldn't have biased = Andersen=20 in any way, of course.
 
Common and preferred shareholders lose = everything,=20 including Management reported still owning 14%. Then again, = there was=20 some insider selling last May when the stock was still in the = mid-teens,=20 as well as some buying in October when it traded = $1-3.
 
Anybody know a place on the net where I = can find a=20 list of Andersen's clients, showing billing by Audit and = non-Audit=20 services? I would like to do some shorting. There seems to be a = pattern=20 emerging here. The Chairman of Andersen says the firm will = survive, but=20 I am not sure that is good news for investors.
 
Tom Worley
stkguru@netside.net
AIM:=20 = TexWorley
------=_NextPart_000_008E_01C1A8B7.BB182D90-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] Candidate List: ETsPVWwSNC 1/28/02 Date: 29 Jan 2002 11:36:16 -0500 Eric, You don't mention when you generated this list, but assuming it included yesterday's trading, it seems to miss the small caps. Are you filtering these out on price / volume? Some examples from yesterday include LB and ELTE. Also, will this pick up b/o that don't set a new high? (examples: PCIS, AIRM). Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message ----- Sent: Tuesday, January 29, 2002 11:08 AM > Hello All, > > After about 6 months of development, I've developed a breakout scanning > capability based entirely on statistics of price and volume. > > ETsPVWwSNC is a scan I've developed; it stands for ET's Price Volume Winners > with Serious Number Crunching. > > The only thing that is CANSLIM related to this methodology is that it is > looking for a breakout. No fundies, no cup and handles, little to no chart > pattern reading, no scan for % institutional sponsorship, etc. > > I'm not going to divulge the details of my work - too much time and effort > went into this to give it away. And its still a work in progress. I've got > some serious backtesting I've got to code up for - I can't quote you a > figure for the reliability of these breakouts. > > For now, I will share ticker symbols. > > Here's yesterdays results: > > Monday - 01/28/02 > ACE > AMZN > CTX > LTD > MERQ > PSSI > PX > SGM (my favorite chart of the bunch) > TVLY > WY > > I'm neutral to somewhat positive on the broad market averages. > > ERIC TANGEN > > > > > > - > -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. ------------------------------------------------------------------------------- From: Jeff Salisbury Subject: Re: [CANSLIM] Excel Help Date: 29 Jan 2002 09:59:33 -0700 Neal, Try the program Personal Stock Monitor (http://www.personalstockmonitor.com/). They have two versions -- their "Standard" and their "Gold". Only the Gold version has Excel capabilities. You can download an evaluation version for free and use it for 30 days. If you like it, it only costs $50. Getting the info into Excel is a two-step process, but it has worked OK for me. Call me if you have any questions... jeff Neal Frankle wrote: > I would like to find a program that will update my spreadsheets with current price info so I could have a running p&l. > > In other words, I would enter my symbols and the price I paid, the program would update the spreadsheet daily or whatever. > > Any thoughts? > > Neal > > - > -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. ------------------------------------------------------------------------------- From: "Tangen, Eric" Subject: RE: [CANSLIM] Candidate List: ETsPVWwSNC 1/28/02 Date: 29 Jan 2002 12:16:21 -0500 Tom, To answer your questions: 1. Data includes Monday's close. 2. Initial filter is stocks with a min of 50k for daily volume (50 day average)...its about 1300 stocks. 3. Without going into too many details, I'm looking for the price-volume action prior to or just at the beginning of a breakout. In this dataset, new highs would be considered too far extended in this scan and ignored. 4. I'll check out LB, ELTE, PCIS, and AIRM. ERIC TANGEN -----Original Message----- Sent: Tuesday, January 29, 2002 10:36 AM Eric, You don't mention when you generated this list, but assuming it included yesterday's trading, it seems to miss the small caps. Are you filtering these out on price / volume? Some examples from yesterday include LB and ELTE. Also, will this pick up b/o that don't set a new high? (examples: PCIS, AIRM). Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message ----- Sent: Tuesday, January 29, 2002 11:08 AM > Hello All, > > After about 6 months of development, I've developed a breakout scanning > capability based entirely on statistics of price and volume. > > ETsPVWwSNC is a scan I've developed; it stands for ET's Price Volume Winners > with Serious Number Crunching. > > The only thing that is CANSLIM related to this methodology is that it is > looking for a breakout. No fundies, no cup and handles, little to no chart > pattern reading, no scan for % institutional sponsorship, etc. > > I'm not going to divulge the details of my work - too much time and effort > went into this to give it away. And its still a work in progress. I've got > some serious backtesting I've got to code up for - I can't quote you a > figure for the reliability of these breakouts. > > For now, I will share ticker symbols. > > Here's yesterdays results: > > Monday - 01/28/02 > ACE > AMZN > CTX > LTD > MERQ > PSSI > PX > SGM (my favorite chart of the bunch) > TVLY > WY > > I'm neutral to somewhat positive on the broad market averages. > > ERIC TANGEN > > > > > > - > -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. ------------------------------------------------------------------------------- From: Warren Keuffel Subject: Re: [CANSLIM] Another Andersen client Date: 29 Jan 2002 10:19:41 -0700 What ticks me off is that the new SEC chairman, Pitt, seems more interested in damage control and CYA efforts for the accounting firms than looking out for the interests of the investor. Warren Tom Worley wrote: > Well said, Katherine, and now we introduce the new accounting > standards of disregarding goodwill unless impaired! > > > > There are two issues for me: > > Conflict of interest - this applies to both accounting firms, and to > analysts. If the auditor does nothing but audit, at least this is > removed, and we only need worry about the competence. If an analyst's > compensation is fixed, and not tied to underwriting business brought > in, or commissions generated, then again the conflict is removed, at > least in part (he still has to worry about losing his job if he writes > an unfavorable report, and the client cans the brokerage house). > > > > Safety of investing - it's one thing to assume the risks of the > market's whims and direction, and rely upon management to continue > running a good business. It's another to get slimed by underhanded > accounting practices that should have not only been stopped, but > reported by the auditors. Note that PSFT was forced to buy back their > wholly owned subsidiary they were using to hide developmental costs. > > > > Auditors have great power, including the ability to write an opinion > expressing the viability of a "going concern". In the case of GX, last > audit (done less than a year ago but officially as of 12/31/00) was a > clean opinion. Technically, Andersen is in the clear because the > bankruptcy was filed over 12 months later. The bankruptcy filing > itself was no surprise, it has been known for some time that it would > happen. My concern is the apparent (but not yet proven) conflict of > interest. > > > > In Enron's case, Andersen's income was split nearly equally between > auditing and consulting / non-audit services. In GX's case, it was a > 20/80 split in favor of consulting stuff. The SEC tried to ban > outright the combo of auditing / consulting, and the best they were > able to do was require reporting corps to disclose the fees they were > paying. > > > > Corporate bankruptcy is the fault of management. I don't even give > tolerance for poor market conditions, because it is management's > responsibility to anticipate this happening, and adjust. It is not the > auditor's fault. But it is the auditor's responsibility to object to > improper or inaccurate accounting, and resist efforts to finds ways to > accommodate same. It is the auditor's responsibility to ensure that > the final 10K accurately and completely reports the state of the > company's financial condition. I don't think this was done by Andersen > with Enron, any more than it was done for Global Crossing, Sunbeam or > Wackenhut. I have seen auditors resign an account when they and > management could not agree on the final report. That at least gives > investors, and some analysts, a signal to dig deeper. > > > > Tom Worley > stkguru@netside.net > AIM: TexWorley > > ----- Original Message ----- > > From: Katherine Malm > > To: canslim@lists.xmission.com > > Sent: Monday, January 28, 2002 11:18 PM > > Subject: Re: [CANSLIM] Another Andersen client > > > Mike, jans, Patrick, > > > > Thanks for an enjoyable exchange. If it can be this complicated > just *talking* about dereg, analysts, accounts, consultants, ENE, > and Anderson--then imagine how easy it is to muddy the financial > and political waters just enough so that *nobody* can figure out > what's really going on. I am reminded of the great Houdini. > Marvelous illusionist, very entertaining, lived a good > life---until someone sucker punched him when he wasn't paying > attention. > > > > Katherine > > ----- Original Message ----- > > From: Mike Gibbons > > To: canslim@lists.xmission.com > > > Sent: Monday, January 28, 2002 10:15 PM > > Subject: RE: [CANSLIM] Another Andersen client > > > Hans, I was adding amplification to Patrick Wahl's point about > industry > analyst's advice being unreliable. I was not blamimg > de-regulation for the > Enron debacle. > > Aloha, > > Mike Gibbons > Proactive Technologies, LLC > http://www.proactech.com > > > -----Original Message----- > From: owner-canslim@lists.xmission.com > > [mailto:owner-canslim@lists.xmission.com]On Behalf Of > Spencer48@aol.com > Sent: Monday, January 28, 2002 5:33 PM > To: canslim@lists.xmission.com > > Subject: Re: [CANSLIM] Another Andersen client > > > Mike: > > I'm not certain what you're saying here. Is the > conclusion suppose to > be that deregulation and increased competition led to the > Enron debacle? > But, if so, and if dereg began in the 70's, why did it take > 30 years for a > financial catastrophe like this one to occur? And if it > didn't take 30 > years-what was the first one? > > And does the go-go era of the 90's (stock market wise) evince > convincing > contrary evidence that dereg and increased competition in > commisssions is a > bad thing? > > Moreover, I'd hazard that a lot of people including > corporate accounts > and investment bank officers lost money in Enron. That's why > it plummeted > the way it did-because everyone was selling, and no one > (except perhaps > Anderson auditors, and certain officials in Enron) had any > idea-since the > losses were off the books-why. > > jans > > > > > In a message dated 1/28/2002 9:36:18 PM Eastern Standard Time, > mikegibbons@proactech.com > writes: > > << Yes, commissions were deregulated in the 70's and > competition and the > internet have driven them ever lower making the investment > banks dependant > on thier corporate instead of retail clients. An example of > the unintended > consequences of deregulation. Every silver lining has a cloud. > >> > > - > -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. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] Candidate List: ETsPVWwSNC 1/28/02 Date: 29 Jan 2002 12:21:19 -0500 Hi Eric, I should have looked at the stocks you mention first, as it answered the question on whether it picks up stocks "breaking out" but still below the 12 month high. After looking over the list, I question the time period you are using. For example, TVLY did b/o, but from only a 2 week base, and remains well under a 4 week high, not to mention the 12 month high. Likewise, ACE, WY and AMZN to me are simply reversal patterns, not breakouts. In other words, a smart investor could not have spotted these, entered them wisely, and enjoy the benefit of the reversal. I would also question the value of this for CANSLIM investing. I did not notice any that would qualify on primary CANSLIM criteria such as RS or EPS or GRS. If you don't incorporate that, then this would seem to be nothing more than momentum screening after the fact. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message ----- Sent: Tuesday, January 29, 2002 11:36 AM > Eric, > > You don't mention when you generated this list, but assuming it included > yesterday's trading, it seems to miss the small caps. Are you filtering > these out on price / volume? Some examples from yesterday include LB and > ELTE. > > Also, will this pick up b/o that don't set a new high? (examples: PCIS, > AIRM). > > Tom Worley > stkguru@netside.net > AIM: TexWorley > ----- Original Message ----- > From: "Tangen, Eric" > To: > Sent: Tuesday, January 29, 2002 11:08 AM > Subject: [CANSLIM] Candidate List: ETsPVWwSNC 1/28/02 > > > > Hello All, > > > > After about 6 months of development, I've developed a breakout scanning > > capability based entirely on statistics of price and volume. > > > > ETsPVWwSNC is a scan I've developed; it stands for ET's Price Volume > Winners > > with Serious Number Crunching. > > > > The only thing that is CANSLIM related to this methodology is that it is > > looking for a breakout. No fundies, no cup and handles, little to no chart > > pattern reading, no scan for % institutional sponsorship, etc. > > > > I'm not going to divulge the details of my work - too much time and effort > > went into this to give it away. And its still a work in progress. I've got > > some serious backtesting I've got to code up for - I can't quote you a > > figure for the reliability of these breakouts. > > > > For now, I will share ticker symbols. > > > > Here's yesterdays results: > > > > Monday - 01/28/02 > > ACE > > AMZN > > CTX > > LTD > > MERQ > > PSSI > > PX > > SGM (my favorite chart of the bunch) > > TVLY > > WY > > > > I'm neutral to somewhat positive on the broad market averages. > > > > ERIC TANGEN > > > > > > > > > > > > - > > -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. ------------------------------------------------------------------------------- From: Warren Keuffel Subject: Re: [CANSLIM] CHBS Date: 29 Jan 2002 10:34:05 -0700 What is the URL for briefing books? I can't find anything related to the WSJ at briefingbook.com. However I do subscribe to the WSJ web site and they also show 93% institutional ownership (but do not provide the details you list below.) Thanks, Warren Spencer48@aol.com wrote: >Warren and Jans: > > As usual, Katherine is nearer the mark than either one one of you. I >get approximately 53% held by the top institutions and mutuals. This is >from Briefing Book.com (put out by the Wall St. Journal): > >INSTITUTIONAL HOLDINGS > >Christopher & Banks Corp. (CHBS) > > Institutions > The 10 largest institutional investors > Share Holdings > Change in Share >Holdings* > Date >Reported > > LIBERTY WANGER ASSET MGMT L.P. > 1,683,000 > 337,500 > 9/30/01 > > > WASATCH ADVISORS, INC. > 1,316,853 > 708,858 > 9/30/01 > > > T. ROWE PRICE ASSOCIATES, INC. > 1,173,525 > 1,173,525 > 9/30/01 > > > AIM MANAGEMENT GROUP,INC. > 836,100 > 183,150 > 9/30/01 > > > TAUNUS CORPORATION > 729,680 > 84,137 > 9/30/01 > > > DIMENSIONAL FD ADVISORS, INC. > 671,099 > -3,450 > 9/30/01 > > > PILGRIM BAXTER & ASSOC LTD. > 636,638 > -98,850 > 9/30/01 > > > JLF ASSET MANAGEMENT, LLC > 579,150 > 579,150 > 9/30/01 > > > BARCLAYS BANK PLC > 556,695 > 159,945 > 9/30/01 > > > DUNCAN-HURST CAPITAL MGMT > 513,795 > -514,860 > 9/30/01 > > > > > > Mutual Funds > The 10 mutual funds with the largest holdings > Share Holdings > Change in Share >Holdings* > Date >Reported > > LIBERTY ACORN FUND > 1,275,000 > 241,500 > 9/30/01 > > > WASATCH SMALL CAP GROWTH FUND > 639,150 > 639,150 > 9/30/01 > > > PIMCO MICRO- CAP FUND > 450,675 > -247,500 > 6/30/01 > > > AIM SMALL CAPITAL GROWTH FUND > 375,000 > -45,000 > 9/30/01 > > > BRAZOS MICRO CAP PORTFOLIO > 307,256 > 88,499 > 5/31/01 > > > STI CLASSIC SML CAP GR STK FD > 300,000 > 60,000 > 9/30/01 > > > HARRIS INSIGHT SML CAP OPPTY F > 249,150 > 0 > 9/30/01 > > > BRIDGEWAY ULTRA SML CO PORT > 242,831 > -67,500 > 12/31/00 > > > AIM SMALL CAP OPPORTUNITIES FD > 232,500 > 0 > 9/30/01 > > > DEUTSCHE ASSET MGMT SML CAP PT > 218,400 > 79,575 > 9/30/01 > > > > *Reflects the change in shares since the prior quarter's disclosure of >holdings. > > Shares are not adjusted for stock splits. > > Source: Thomson Financial > > >Copyright © 2002 Dow Jones & Company, Inc. All Rights Reserved " > > >jans > > > > > > > > > > >In a message dated 1/28/2002 10:20:21 PM Eastern Standard Time, >kmalm@earthlink.net writes: > ><< Hi Warren and jans, > > DGO is a little obtuse on these numbers, so here's how they fall into place: > > Outstanding shares = 24.7m > Management/Insiders own 8% of the *outstanding* shares (1.9m) > The remaining 92% of outstanding shares are in float (22.8m) > > Institutions (banks/funds) owns 39 + 16% = 55% of the *float* (12.5m) > Everybody else owns 45% of the float (10.3m) > > Either way, institutional ownership is on the high side! > > Katherine >> > >- >-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. ------------------------------------------------------------------------------- From: "John Lloyd" Subject: [CANSLIM] myparty worm Date: 29 Jan 2002 14:05:30 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_0154_01C1A8CE.02A0B360 Content-Type: multipart/alternative; boundary="----=_NextPart_001_0155_01C1A8CE.02A0B360" ------=_NextPart_001_0155_01C1A8CE.02A0B360 Content-Type: text/plain; charset="Windows-1252" Content-Transfer-Encoding: quoted-printable Clear DayBEWARE!!! myparty worm virus is out. --- Outgoing mail is certified Virus Free. Checked by AVG anti-virus system (http://www.grisoft.com). Version: 6.0.317 / Virus Database: 176 - Release Date: 01/21/2002 ------=_NextPart_001_0155_01C1A8CE.02A0B360 Content-Type: text/html; charset="Windows-1252" Content-Transfer-Encoding: quoted-printable Clear Day
BEWARE!!!
myparty worm virus is out.

 


---
Outgoing mail is certified Virus Free.
Checked by AVG=20 anti-virus system (http://www.grisoft.com).
Version: = 6.0.317 /=20 Virus Database: 176 - Release Date: 01/21/2002

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-In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] myparty worm Date: 29 Jan 2002 14:10:46 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_00E6_01C1A8CE.BEDCDF40 Content-Type: multipart/alternative; boundary="----=_NextPart_001_00E7_01C1A8CE.BEDCDF40" ------=_NextPart_001_00E7_01C1A8CE.BEDCDF40 Content-Type: text/plain; charset="Windows-1252" Content-Transfer-Encoding: quoted-printable Clear Day Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: John Lloyd=20 To: Canslim List=20 Sent: Tuesday, January 29, 2002 2:05 PM Subject: [CANSLIM] myparty worm BEWARE!!! myparty worm virus is out. --- Outgoing mail is certified Virus Free. Checked by AVG anti-virus system (http://www.grisoft.com). Version: 6.0.317 / Virus Database: 176 - Release Date: 01/21/2002 ------=_NextPart_001_00E7_01C1A8CE.BEDCDF40 Content-Type: text/html; charset="Windows-1252" Content-Transfer-Encoding: quoted-printable Clear Day
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 John=20 Lloyd
Sent: Tuesday, January 29, 2002 = 2:05=20 PM
Subject: [CANSLIM] myparty = worm

BEWARE!!!
myparty worm virus is out.

 


---
Outgoing mail is certified Virus Free.
Checked by AVG = anti-virus system (http://www.grisoft.com).
Version: = 6.0.317=20 / Virus Database: 176 - Release Date: = 01/21/2002

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-In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] myparty worm Date: 29 Jan 2002 14:24:43 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_0119_01C1A8D0.B1E4A460 Content-Type: multipart/alternative; boundary="----=_NextPart_001_011A_01C1A8D0.B1E4A460" ------=_NextPart_001_011A_01C1A8D0.B1E4A460 Content-Type: text/plain; charset="Windows-1252" Content-Transfer-Encoding: quoted-printable Clear Daythanks, John, just got my first one. Just updated Norton = antivirus. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: John Lloyd=20 To: Canslim List=20 Sent: Tuesday, January 29, 2002 2:05 PM Subject: [CANSLIM] myparty worm BEWARE!!! myparty worm virus is out. --- Outgoing mail is certified Virus Free. Checked by AVG anti-virus system (http://www.grisoft.com). Version: 6.0.317 / Virus Database: 176 - Release Date: 01/21/2002 ------=_NextPart_001_011A_01C1A8D0.B1E4A460 Content-Type: text/html; charset="Windows-1252" Content-Transfer-Encoding: quoted-printable Clear Day
thanks, John, just got my first one. = Just=20 updated Norton antivirus.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 John=20 Lloyd
Sent: Tuesday, January 29, 2002 = 2:05=20 PM
Subject: [CANSLIM] myparty = worm

BEWARE!!!
myparty worm virus is out.

 


---
Outgoing mail is certified Virus Free.
Checked by AVG = anti-virus system (http://www.grisoft.com).
Version: = 6.0.317=20 / Virus Database: 176 - Release Date: = 01/21/2002

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-In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Chen's mailbox Subject: Re: [CANSLIM] Katherine's Lecture Date: 29 Jan 2002 11:34:20 -0800 katherine, I would appreciate a copy as well. Thanks in advance! John Chen leeti@attbi.com At 07:22 AM 1/29/2002, you wrote: >Gene, Katherine, > >If you have a copy of Katherine's lecture I would like to read it. > >I'm sure it will help me get a handle on how deep I want to get into the >Canslim process. > >Katherine, could you briefly explain some of the differences between DGO & >VectorVest. > >Thanks for you help. > >Bert Pesak >bpesak@ct1.nai.net > > > > >- >-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. ------------------------------------------------------------------------------- From: Neal Frankle Subject: RE: [CANSLIM] Katherine's Lecture Date: 29 Jan 2002 12:03:15 -0800 I'd like a copy as well. Thanks in advance! Neal -----Original Message----- [mailto:owner-canslim@lists.xmission.com]On Behalf Of Chen's mailbox Sent: Tuesday, January 29, 2002 11:34 AM katherine, I would appreciate a copy as well. Thanks in advance! John Chen leeti@attbi.com At 07:22 AM 1/29/2002, you wrote: >Gene, Katherine, > >If you have a copy of Katherine's lecture I would like to read it. > >I'm sure it will help me get a handle on how deep I want to get into the >Canslim process. > >Katherine, could you briefly explain some of the differences between DGO & >VectorVest. > >Thanks for you help. > >Bert Pesak >bpesak@ct1.nai.net > > > > >- >-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. ------------------------------------------------------------------------------- From: Spencer48@aol.com Subject: Re: [CANSLIM] CHBS Date: 29 Jan 2002 15:05:04 EST Warren: The Journal is changing its face today. In the site map, it does not even list: "Briefing Books" My bookmarked URL still works, but I'm not certain for how long. It's URL is: http://interactive.wsj.com/documents/bbsearch.htm . Also, CHBS showed the # of institutions invested in it last night, but today it doesn't display the label ("Institutions" was on the left side of the page). Last night, I'm certain that it showed 39% institutional activity invested in CHBS. I remember because it is the the 93% (which is what you say Yahoo and another part of the Journal showed) turned around. jans In a message dated 1/29/2002 12:37:29 PM Eastern Standard Time, wkeuffel@xmission.com writes: << What is the URL for briefing books? I can't find anything related to the WSJ at briefingbook.com. However I do subscribe to the WSJ web site and they also show 93% institutional ownership (but do not provide the details you list below.) >> - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Falk, Dave K." Subject: [CANSLIM] EPS Rating vs Actual EPS Numbers Date: 29 Jan 2002 14:43:02 -0600 I noticed on Investors.Com today that they are showing EXPE with and EPS ranking of 80. Yet, in researching the actual quarterly EPS numbers, they are all negative. See the following link for details (of course this assumes that the data is accurate): http://moneycentral.msn.com/investor/invsub/results/hilite.asp?Symbol=EXPE Obviously, the EPS rank is based on earnings increases. However, shouldn't one be concerned with negative earnings? If so, I guess just knowing a companys' EPS rating can be deceiving and require further research. Dave - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] EPS Rating vs Actual EPS Numbers Date: 29 Jan 2002 16:07:03 -0500 Dave, I am not familiar with the fundamentals, but suspect that the problem lies in net earnings vs recurring (core operations) earnings. DGO also shows an EPS ranking of 80, however they show the past four quarters with earnings of 9, 25, 24, and 31 cents. WON / CANSLIM / DGO / IBD exclude non-recurring gains and losses when that is possible, and only considers earnings resulting from continuing operations. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message ----- Sent: Tuesday, January 29, 2002 3:43 PM > I noticed on Investors.Com today that they are showing EXPE with and EPS > ranking of 80. > > Yet, in researching the actual quarterly EPS numbers, they are all negative. > See the following > link for details (of course this assumes that the data is accurate): > > http://moneycentral.msn.com/investor/invsub/results/hilite.asp?Symbol=EXPE > > Obviously, the EPS rank is based on earnings increases. However, shouldn't > one be > concerned with negative earnings? If so, I guess just knowing a companys' > EPS > rating can be deceiving and require further research. > > Dave > > > - > -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. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] EPS Rating vs Actual EPS Numbers Date: 29 Jan 2002 15:14:29 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_0016_01C1A8D7.A5B4A940 Content-Type: multipart/alternative; boundary="----=_NextPart_001_0017_01C1A8D7.A5B4A940" ------=_NextPart_001_0017_01C1A8D7.A5B4A940 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Great point, Dave. It's one of the reasons I don't do any filtering = based on EPS rankings. Even in the new DGO beta, you can't filter for = actual EPS numbers >0, or for patterns of EPS numbers from <0 to >0 when = a company is becoming EPS positive. I've sent my comments along with = 1000 others to DailyGraphs, but they seem intent on limiting access to = the data for some reason. I'm guessing it's because the full blown WONDA = service has all those capabilities and institutions pay a fortune for = access. If they improve DGO "too much" they'll have to lower their WONDA = fees! On EXPE in particular, you have discovered the wonders of proforma = reporting. DGO uses proforma and so you will notice that their numbers = are POSITIVE! Last 4 quarters are proforma EPS positive. Prior 4 = quarters proforma are negative. BUT cashflow *is* positive. (See = attached) Dig into the financials and you will find where the one time = expenses are being eliminated.=20 Katherine If the attachments don't come through, I'll post to Jeff's site. ----- Original Message -----=20 From: Falk, Dave K.=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, January 29, 2002 2:43 PM Subject: [CANSLIM] EPS Rating vs Actual EPS Numbers I noticed on Investors.Com today that they are showing EXPE with and = EPS ranking of 80. Yet, in researching the actual quarterly EPS numbers, they are all = negative. See the following link for details (of course this assumes that the data is accurate): = http://moneycentral.msn.com/investor/invsub/results/hilite.asp?Symbol=3DE= XPE Obviously, the EPS rank is based on earnings increases. However, = shouldn't one be=20 concerned with negative earnings? If so, I guess just knowing a = companys' EPS=20 rating can be deceiving and require further research. Dave - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------=_NextPart_001_0017_01C1A8D7.A5B4A940 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Great point, Dave. It's one of the reasons I don't do any filtering = based=20 on EPS rankings. Even in the new DGO beta, you can't filter for actual = EPS=20 numbers >0, or for patterns of EPS numbers from <0 to >0 when a = company=20 is becoming EPS positive. I've sent my comments along with 1000 others = to=20 DailyGraphs, but they seem intent on limiting access to the data for = some=20 reason. I'm guessing it's because the full blown WONDA service has all = those=20 capabilities and institutions pay a fortune for access. If they improve = DGO "too=20 much" they'll have to lower their WONDA fees!
 
On EXPE in particular, you have discovered the wonders of proforma=20 reporting. DGO uses proforma and so you will notice that their numbers = are=20 POSITIVE! Last 4 quarters are proforma EPS positive. Prior 4 = quarters=20 proforma are negative. BUT cashflow *is* positive. (See attached) Dig = into the=20 financials and you will find where the one time expenses are being = eliminated.=20
 
Katherine
 
If the attachments don't come through, I'll post to Jeff's = site.
----- Original Message -----
From:=20 Falk, Dave = K.
Sent: Tuesday, January 29, 2002 = 2:43=20 PM
Subject: [CANSLIM] EPS Rating = vs Actual=20 EPS Numbers

I noticed on Investors.Com today that they are showing = EXPE=20 with and EPS
ranking of 80.

Yet, in researching the actual = quarterly=20 EPS numbers, they are all negative.
See the following
link for = details=20 (of course this assumes that the data is accurate):

http://moneycentral.msn.com/investor/invsub/results/hilite.a= sp?Symbol=3DEXPE

Obviously,=20 the EPS rank is based on earnings increases.  However, = shouldn't
one=20 be
concerned with negative earnings?  If so, I guess just = knowing a=20 companys'
EPS
rating can be deceiving and require further=20 research.

Dave


-
-To subscribe/unsubscribe, email = "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your email.
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email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Beth Ohrenschall" Subject: Re: [CANSLIM] Katherine's Lecture Date: 29 Jan 2002 16:50:27 -0500 Please send me a copy of Katherine's lecture, Thanks, Beth Ohrenschall ----- Original Message ----- Sent: Tuesday, January 29, 2002 2:34 PM > katherine, I would appreciate a copy as well. > > Thanks in advance! > > John Chen > leeti@attbi.com > > > At 07:22 AM 1/29/2002, you wrote: > >Gene, Katherine, > > > >If you have a copy of Katherine's lecture I would like to read it. > > > >I'm sure it will help me get a handle on how deep I want to get into the > >Canslim process. > > > >Katherine, could you briefly explain some of the differences between DGO & > >VectorVest. > > > >Thanks for you help. > > > >Bert Pesak > >bpesak@ct1.nai.net > > > > > > > > > >- > >-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. ------------------------------------------------------------------------------- From: "Gary F. Oakley" Subject: Re: [CANSLIM] Katherine's Lecture Date: 30 Jan 2002 17:02:04 -0500 Hi Everyone, I have been following your correspondence for the past few weeks. I have been trading for a number of years, but only trading the CANSLIM approach for a couple of months. This group has been very helpful to me, as I sometimes feel a little out of it, living in and investing from the Cayman Islands. Robert, would you please send me a copy of the program that utilizes your Acc/Dis numbers. Katherine, I would also appreciate receiving a copy of your lecture. I hope to be contributing in a meaningful way, as I gain more experience with Canslim. All the best Gary At 04:50 PM 1/29/02 -0500, you wrote: >Please send me a copy of Katherine's lecture, >Thanks, >Beth Ohrenschall > >----- Original Message ----- >From: "Chen's mailbox" >To: >Sent: Tuesday, January 29, 2002 2:34 PM >Subject: Re: [CANSLIM] Katherine's Lecture > > > > katherine, I would appreciate a copy as well. > > > > Thanks in advance! > > > > John Chen > > leeti@attbi.com > > > > > > At 07:22 AM 1/29/2002, you wrote: > > >Gene, Katherine, > > > > > >If you have a copy of Katherine's lecture I would like to read it. > > > > > >I'm sure it will help me get a handle on how deep I want to get into the > > >Canslim process. > > > > > >Katherine, could you briefly explain some of the differences between DGO >& > > >VectorVest. > > > > > >Thanks for you help. > > > > > >Bert Pesak > > >bpesak@ct1.nai.net > > > > > > > > > > > > > > >- > > >-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. - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] Katherine's Lecture Date: 29 Jan 2002 16:12:56 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_005B_01C1A8DF.CFE8D300 Content-Type: text/plain; charset="Windows-1252" Content-Transfer-Encoding: quoted-printable Hi Bert, >>Katherine, could you briefly explain some of the differences between = DGO & VectorVest.<< Let me just briefly summarize and then give you some references to do = further research: DailyGraphs Online http://www.dailygraphs.com/Tour/tourhome.htm Essentially a charting service. Shows all the proprietary IBD/DGO data = such as EPS, RS, SMR, A/D, Indus Group RS, etc. Also shows the past = fundamentals such as ROE, D/E, EPS actuals, Rev actuals, growth in EPS & = Revs, institutional ownership, cashflow, insider ownership, etc. Shows = links to the corporate site and charts are marked for things such as = insider selling/buying, significant highs/lows, primary/secondary stock = offerings, dividend distributions, splits, etc. Contains various reports = which can be downloaded to Excel for autofiltering. For example, Stocks = mentioned in today's IBD, list of stocks in the printed chart books = (about 2500 stocks), stocks with increasing/decreasing A/D, etc. You can = create custom stock lists and can easily flip through charts by hitting = the spacebar. If you have a fat pipe internet connection, this is faster = than flipping through a book. *Definitely* faster than digging through = the IBD for all this data. Charts at investors.com are similar, but do = not contain all the fundamental goodies and reports that I mentioned. = Charts ETFs but no indices or mutual funds. Current version does not = have industry charting. Beta version has a snazzier stock screener, = industry charts and components. 7 day trial for $19.95. Service a bit = pricey, but well worth it IMHO. VectorVest http://www.vectorvest.com/stockreport/po.phtml 2 versions, either online or download/desktop. I have the desktop = version and prefer it. Has historical information about 6 years back so = allows for viewing historical relationships between parameters. Has some = proprietary components based on stock valuation principles: Value, = Relative Value, Relative Timing (price action, a technical proxy), = forward growth rate (excellent for CANSLIM investing), Relative Safety = (a volatility measure based on past price action and fundamentals), etc. = Excellent tools for stock mining such as trends, strategies, deltas, = portfolios. Excellent tools for industry and sector analysis. Includes = market timing tools, but I ignore them. Allows easy exports to Excel for = further autofiltering. Charting in daily and weekly mode. Can chart not = only price/volume action but also any variables in the database. Also = has comparison graphing features and an optional ProTrader module that = does technical analysis scans. I've been using VV since early '98 and = believe it is my most valuable investing tool. Extremely powerful = program with many capabilities, but takes a while to "master." 5 week = trial for $9.95. (If you happen to try it out, please tell them I sent = you when you do so, as I get credit toward my monthly fees.) Monthly = fees paid for themselves long ago in market returns. Katherine ----- Original Message -----=20 From: Bert Pesak=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, January 29, 2002 9:22 AM Subject: [CANSLIM] Katherine's Lecture ------=_NextPart_000_005B_01C1A8DF.CFE8D300 Content-Type: text/html; charset="Windows-1252" Content-Transfer-Encoding: quoted-printable
Hi Bert,
 
>>Katherine, could you briefly explain some of the = differences=20 between DGO & VectorVest.<<
 
Let me just briefly summarize and then give you some references to = do=20 further research:
 
DailyGraphs Online http://www.dailygra= phs.com/Tour/tourhome.htm
 Essentially a charting service. Shows all the proprietary = IBD/DGO=20 data such as EPS, RS, SMR, A/D, Indus Group RS, etc. Also shows the past = fundamentals such as ROE, D/E, EPS actuals, Rev actuals, growth in EPS = &=20 Revs, institutional ownership, cashflow, insider ownership, etc. Shows = links to=20 the corporate site and charts are marked for things such as insider=20 selling/buying, significant highs/lows, primary/secondary stock = offerings,=20 dividend distributions, splits, etc. Contains various reports which can = be=20 downloaded to Excel for autofiltering. For example, Stocks mentioned in = today's=20 IBD, list of stocks in the printed chart books (about 2500 stocks), = stocks with=20 increasing/decreasing A/D, etc. You can create custom stock lists and = can easily=20 flip through charts by hitting the spacebar. If you have a fat pipe = internet=20 connection, this is faster than flipping through a book. *Definitely* = faster=20 than digging through the IBD for all this data. Charts at investors.com = are=20 similar, but do not contain all the fundamental goodies and reports that = I=20 mentioned. Charts ETFs but no indices or mutual funds. Current version = does not=20 have industry charting. Beta version has a snazzier stock screener, = industry=20 charts and components. 7 day trial for $19.95. Service a bit pricey, but = well=20 worth it IMHO.
 
VectorVest http://www.vector= vest.com/stockreport/po.phtml
2 versions, either online or download/desktop. I have the desktop = version=20 and prefer it. Has historical information about 6 years back so allows = for=20 viewing historical relationships between parameters. Has some = proprietary=20 components based on stock valuation principles: Value, Relative Value, = Relative=20 Timing (price action, a technical proxy), forward growth rate (excellent = for=20 CANSLIM investing), Relative Safety (a volatility measure based on past = price=20 action and fundamentals), etc. Excellent tools for stock mining such as = trends,=20 strategies, deltas, portfolios. Excellent tools for industry and sector=20 analysis. Includes market timing tools, but I ignore them. Allows easy = exports=20 to Excel for further autofiltering. Charting in daily and weekly mode. = Can chart=20 not only price/volume action but also any variables in the database. = Also has=20 comparison graphing features and an optional ProTrader module that does=20 technical analysis scans. I've been using VV since early '98 and believe = it is=20 my most valuable investing tool. Extremely powerful program with many=20 capabilities, but takes a while to "master." 5 week trial for $9.95. (If = you=20 happen to try it out, please tell them I sent you when you do so, as I = get=20 credit toward my monthly fees.) Monthly fees paid for themselves long = ago in=20 market returns.
 
Katherine
 

 
----- Original Message -----
From:=20 Bert = Pesak=20
Sent: Tuesday, January 29, 2002 = 9:22=20 AM
Subject: [CANSLIM] Katherine's=20 Lecture

------=_NextPart_000_005B_01C1A8DF.CFE8D300-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: MMay241875@aol.com Subject: Re: [CANSLIM] Katherine's Lecture Date: 29 Jan 2002 17:26:16 EST I'd like a copy. Thanks, Mike - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] Katherine's Lecture Date: 29 Jan 2002 17:32:56 -0500 Welcome to the group, Gary. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message ----- Sent: Wednesday, January 30, 2002 5:02 PM > Hi Everyone, > > I have been following your correspondence for the past few weeks. I have > been trading for a number of years, but only trading the CANSLIM approach > for a couple of months. This group has been very helpful to me, as I > sometimes feel a little out of it, living in and investing from the Cayman > Islands. > > Robert, would you please send me a copy of the program that utilizes your > Acc/Dis numbers. > > Katherine, I would also appreciate receiving a copy of your lecture. > > I hope to be contributing in a meaningful way, as I gain more experience > with Canslim. > > All the best > > Gary > - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tangen, Eric" Subject: [CANSLIM] 1 Day Results: Candidate List: ETsPVWwSNC 1/28/02 Date: 29 Jan 2002 17:45:01 -0500 A pretty bad day for the markets and the ETsPVWwSNC list; PSSI is a clear winner; LTD doing OK in down market - it never got near yesterday's close. TVLY violated yesterday's close, yet closed up for the day; EXPE looks like the stronger of these two stocks twins - it never went below yesterdays close. (SGM is a bum ticker in Yahoo so I don't know what it did.) The rest are downright ugly. To state the obvious, I expect slim pickings on the long slide after tonight's scans. Eric Tangen -----Original Message----- Sent: Tuesday, January 29, 2002 10:09 AM Hello All, After about 6 months of development, I've developed a breakout scanning capability based entirely on statistics of price and volume. ETsPVWwSNC is a scan I've developed; it stands for ET's Price Volume Winners with Serious Number Crunching. The only thing that is CANSLIM related to this methodology is that it is looking for a breakout. No fundies, no cup and handles, little to no chart pattern reading, no scan for % institutional sponsorship, etc. I'm not going to divulge the details of my work - too much time and effort went into this to give it away. And its still a work in progress. I've got some serious backtesting I've got to code up for - I can't quote you a figure for the reliability of these breakouts. For now, I will share ticker symbols. Here's yesterdays results: Monday - 01/28/02 ACE AMZN CTX LTD MERQ PSSI PX SGM (my favorite chart of the bunch) TVLY WY I'm neutral to somewhat positive on the broad market averages. ERIC TANGEN - -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. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: [CANSLIM] Andersen and SEC Chairman Pitt Date: 29 Jan 2002 18:21:50 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_0157_01C1A8F1.D19E9420 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Interesting article, Congressional investigation expanding from Enron, = into Sunbeam and Waste Management.=20 http://biz.yahoo.com/rf/020129/n29257422_2.html Most common reason being cited for today's drop? Worries over more = accounting irregularities turning up. Tyco (TYC) dropped another 20% = (down 43% for the month) as more details emerge. One new one disclosed = today was that an outside director was paid $10 million, plus another = $10 million to his favorite charity, for helping put together their = acquisition of CIT Group. Not disclosed until five months after the deal = had closed? That this director was also the owner of 50,000 shares of = CIT Group, reported to the SEC finally on Nov 7. Accounting practices are now being questioned at IBM and CD. CD also = uses off-book partnerships. Tom Worley stkguru@netside.net AIM: TexWorley ------=_NextPart_000_0157_01C1A8F1.D19E9420 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Interesting article, Congressional investigation = expanding=20 from Enron, into Sunbeam and Waste Management.
 
http://biz.yahoo= .com/rf/020129/n29257422_2.html
 
Most common reason being cited for today's drop? = Worries=20 over more accounting irregularities turning up. Tyco (TYC) dropped = another 20%=20 (down 43% for the month) as more details emerge. One new one disclosed = today was=20 that an outside director was paid $10 million, plus another $10 million = to his=20 favorite charity, for helping put together their acquisition of CIT = Group. Not=20 disclosed until five months after the deal had closed? That this = director was=20 also the owner of 50,000 shares of CIT Group, reported to the SEC = finally on Nov=20 7.
 
Accounting practices are now being questioned at = IBM and=20 CD. CD also uses off-book partnerships.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
------=_NextPart_000_0157_01C1A8F1.D19E9420-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Bert Pesak" Subject: Re: [CANSLIM] Katherine's Lecture Date: 29 Jan 2002 18:54:08 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_0075_01C1A8F6.54F3CE90 Content-Type: text/plain; charset="Windows-1252" Content-Transfer-Encoding: quoted-printable Katherine, Thanks for the replies. I'm sure they will keep me busy for a few days. Bert ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, January 29, 2002 5:12 PM Subject: Re: [CANSLIM] Katherine's Lecture Hi Bert, >>Katherine, could you briefly explain some of the differences between = DGO & VectorVest.<< Let me just briefly summarize and then give you some references to do = further research: DailyGraphs Online http://www.dailygraphs.com/Tour/tourhome.htm Essentially a charting service. Shows all the proprietary IBD/DGO = data such as EPS, RS, SMR, A/D, Indus Group RS, etc. Also shows the past = fundamentals such as ROE, D/E, EPS actuals, Rev actuals, growth in EPS & = Revs, institutional ownership, cashflow, insider ownership, etc. Shows = links to the corporate site and charts are marked for things such as = insider selling/buying, significant highs/lows, primary/secondary stock = offerings, dividend distributions, splits, etc. Contains various reports = which can be downloaded to Excel for autofiltering. For example, Stocks = mentioned in today's IBD, list of stocks in the printed chart books = (about 2500 stocks), stocks with increasing/decreasing A/D, etc. You can = create custom stock lists and can easily flip through charts by hitting = the spacebar. If you have a fat pipe internet connection, this is faster = than flipping through a book. *Definitely* faster than digging through = the IBD for all this data. Charts at investors.com are similar, but do = not contain all the fundamental goodies and reports that I mentioned. = Charts ETFs but no indices or mutual funds. Current version does not = have industry charting. Beta version has a snazzier stock screener, = industry charts and components. 7 day trial for $19.95. Service a bit = pricey, but well worth it IMHO. VectorVest http://www.vectorvest.com/stockreport/po.phtml 2 versions, either online or download/desktop. I have the desktop = version and prefer it. Has historical information about 6 years back so = allows for viewing historical relationships between parameters. Has some = proprietary components based on stock valuation principles: Value, = Relative Value, Relative Timing (price action, a technical proxy), = forward growth rate (excellent for CANSLIM investing), Relative Safety = (a volatility measure based on past price action and fundamentals), etc. = Excellent tools for stock mining such as trends, strategies, deltas, = portfolios. Excellent tools for industry and sector analysis. Includes = market timing tools, but I ignore them. Allows easy exports to Excel for = further autofiltering. Charting in daily and weekly mode. Can chart not = only price/volume action but also any variables in the database. Also = has comparison graphing features and an optional ProTrader module that = does technical analysis scans. I've been using VV since early '98 and = believe it is my most valuable investing tool. Extremely powerful = program with many capabilities, but takes a while to "master." 5 week = trial for $9.95. (If you happen to try it out, please tell them I sent = you when you do so, as I get credit toward my monthly fees.) Monthly = fees paid for themselves long ago in market returns. Katherine =20 ----- Original Message -----=20 From: Bert Pesak=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, January 29, 2002 9:22 AM Subject: [CANSLIM] Katherine's Lecture ------=_NextPart_000_0075_01C1A8F6.54F3CE90 Content-Type: text/html; charset="Windows-1252" Content-Transfer-Encoding: quoted-printable
Katherine,
Thanks for the replies.
I'm sure they will keep me busy for a few = days.
Bert
----- Original Message -----
From:=20 Katherine=20 Malm
Sent: Tuesday, January 29, 2002 = 5:12=20 PM
Subject: Re: [CANSLIM] = Katherine's=20 Lecture

Hi Bert,
 
>>Katherine, could you briefly explain some of the = differences=20 between DGO & VectorVest.<<
 
Let me just briefly summarize and then give you some references = to do=20 further research:
 
DailyGraphs Online http://www.dailygra= phs.com/Tour/tourhome.htm
 Essentially a charting service. Shows all the proprietary = IBD/DGO=20 data such as EPS, RS, SMR, A/D, Indus Group RS, etc. Also shows the = past=20 fundamentals such as ROE, D/E, EPS actuals, Rev actuals, growth in EPS = &=20 Revs, institutional ownership, cashflow, insider ownership, etc. Shows = links=20 to the corporate site and charts are marked for things such as insider = selling/buying, significant highs/lows, primary/secondary stock = offerings,=20 dividend distributions, splits, etc. Contains various reports which = can be=20 downloaded to Excel for autofiltering. For example, Stocks mentioned = in=20 today's IBD, list of stocks in the printed chart books (about 2500 = stocks),=20 stocks with increasing/decreasing A/D, etc. You can create custom = stock lists=20 and can easily flip through charts by hitting the spacebar. If you = have a fat=20 pipe internet connection, this is faster than flipping through a book. = *Definitely* faster than digging through the IBD for all this data. = Charts at=20 investors.com are similar, but do not contain all the fundamental = goodies and=20 reports that I mentioned. Charts ETFs but no indices or mutual funds. = Current=20 version does not have industry charting. Beta version has a snazzier = stock=20 screener, industry charts and components. 7 day trial for $19.95. = Service a=20 bit pricey, but well worth it IMHO.
 
VectorVest http://www.vector= vest.com/stockreport/po.phtml
2 versions, either online or download/desktop. I have the desktop = version=20 and prefer it. Has historical information about 6 years back so allows = for=20 viewing historical relationships between parameters. Has some = proprietary=20 components based on stock valuation principles: Value, Relative Value, = Relative Timing (price action, a technical proxy), forward growth rate = (excellent for CANSLIM investing), Relative Safety (a volatility = measure based=20 on past price action and fundamentals), etc. Excellent tools for stock = mining=20 such as trends, strategies, deltas, portfolios. Excellent tools for = industry=20 and sector analysis. Includes market timing tools, but I ignore them. = Allows=20 easy exports to Excel for further autofiltering. Charting in daily and = weekly=20 mode. Can chart not only price/volume action but also any variables in = the=20 database. Also has comparison graphing features and an optional = ProTrader=20 module that does technical analysis scans. I've been using VV since = early '98=20 and believe it is my most valuable investing tool. Extremely powerful = program=20 with many capabilities, but takes a while to "master." 5 week trial = for $9.95.=20 (If you happen to try it out, please tell them I sent you when you do = so, as I=20 get credit toward my monthly fees.) Monthly fees paid for themselves = long ago=20 in market returns.
 
Katherine
 

 
----- Original Message -----
From:=20 Bert Pesak=20
Sent: Tuesday, January 29, = 2002 9:22=20 AM
Subject: [CANSLIM] = Katherine's=20 Lecture

------=_NextPart_000_0075_01C1A8F6.54F3CE90-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Steve F Subject: Re: [CANSLIM] Katherine's Lecture Date: 29 Jan 2002 16:39:07 -0800 (PST) I would also like to get a copy of Katherine's lecture. Steve __________________________________________________ Do You Yahoo!? Great stuff seeking new owners in Yahoo! Auctions! http://auctions.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. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: [CANSLIM] Market Date: 30 Jan 2002 02:20:38 +0100 Opinions please ... Another Diss Day, on the Nasdaq we are back to levels of mid November !!! 50 DMA is clearly broken. A confused Andreas .... - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Bill Triffet" Subject: [CANSLIM] TTIL , any news? Date: 29 Jan 2002 18:13:54 -0800 Got stopped out today on TTIL (barely broke even). Other than general market factors, I can't find any current news that would send it down 15% today. In my view, it was really looking good last week...but that was last week. (g) Also, I'm finding (with Fidelity anyways) that the stop-loss executions are pretty weak. I had it set at 31 but didn't execute till down at 29. That added a hefty 7% downwards move to the trade! I realize that market conditions can send a stock down fast and you take what you get but it makes me want to set a higher stop as a cushion. Of course this presents the problem of being stopped out too early. Others find the same dilemma? -Bill Triffet - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Scott Gettis" Subject: RE: [CANSLIM] Katherine's Lecture Date: 29 Jan 2002 18:22:49 -0800 This is a multi-part message in MIME format. ------=_NextPart_000_0031_01C1A8F1.F4F6E350 Content-Type: text/plain; charset="Windows-1252" Content-Transfer-Encoding: 7bit can i get a copy too. -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Bert Pesak Sent: Tuesday, January 29, 2002 3:54 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] Katherine's Lecture Katherine, Thanks for the replies. I'm sure they will keep me busy for a few days. Bert ----- Original Message ----- From: Katherine Malm To: canslim@lists.xmission.com Sent: Tuesday, January 29, 2002 5:12 PM Subject: Re: [CANSLIM] Katherine's Lecture Hi Bert, >>Katherine, could you briefly explain some of the differences between DGO & VectorVest.<< Let me just briefly summarize and then give you some references to do further research: DailyGraphs Online http://www.dailygraphs.com/Tour/tourhome.htm Essentially a charting service. Shows all the proprietary IBD/DGO data such as EPS, RS, SMR, A/D, Indus Group RS, etc. Also shows the past fundamentals such as ROE, D/E, EPS actuals, Rev actuals, growth in EPS & Revs, institutional ownership, cashflow, insider ownership, etc. Shows links to the corporate site and charts are marked for things such as insider selling/buying, significant highs/lows, primary/secondary stock offerings, dividend distributions, splits, etc. Contains various reports which can be downloaded to Excel for autofiltering. For example, Stocks mentioned in today's IBD, list of stocks in the printed chart books (about 2500 stocks), stocks with increasing/decreasing A/D, etc. You can create custom stock lists and can easily flip through charts by hitting the spacebar. If you have a fat pipe internet connection, this is faster than flipping through a book. *Definitely* faster than digging through the IBD for all this data. Charts at investors.com are similar, but do not contain all the fundamental goodies and reports that I mentioned. Charts ETFs but no indices or mutual funds. Current version does not have industry charting. Beta version has a snazzier stock screener, industry charts and components. 7 day trial for $19.95. Service a bit pricey, but well worth it IMHO. VectorVest http://www.vectorvest.com/stockreport/po.phtml 2 versions, either online or download/desktop. I have the desktop version and prefer it. Has historical information about 6 years back so allows for viewing historical relationships between parameters. Has some proprietary components based on stock valuation principles: Value, Relative Value, Relative Timing (price action, a technical proxy), forward growth rate (excellent for CANSLIM investing), Relative Safety (a volatility measure based on past price action and fundamentals), etc. Excellent tools for stock mining such as trends, strategies, deltas, portfolios. Excellent tools for industry and sector analysis. Includes market timing tools, but I ignore them. Allows easy exports to Excel for further autofiltering. Charting in daily and weekly mode. Can chart not only price/volume action but also any variables in the database. Also has comparison graphing features and an optional ProTrader module that does technical analysis scans. I've been using VV since early '98 and believe it is my most valuable investing tool. Extremely powerful program with many capabilities, but takes a while to "master." 5 week trial for $9.95. (If you happen to try it out, please tell them I sent you when you do so, as I get credit toward my monthly fees.) Monthly fees paid for themselves long ago in market returns. Katherine ----- Original Message ----- From: Bert Pesak To: canslim@lists.xmission.com Sent: Tuesday, January 29, 2002 9:22 AM Subject: [CANSLIM] Katherine's Lecture ------=_NextPart_000_0031_01C1A8F1.F4F6E350 Content-Type: text/html; charset="Windows-1252" Content-Transfer-Encoding: quoted-printable
can i=20 get a copy too.
-----Original Message-----
From:=20 owner-canslim@lists.xmission.com=20 [mailto:owner-canslim@lists.xmission.com]On Behalf Of Bert=20 Pesak
Sent: Tuesday, January 29, 2002 3:54 PM
To:=20 canslim@lists.xmission.com
Subject: Re: [CANSLIM] = Katherine's=20 Lecture

Katherine,
Thanks for the replies.
I'm sure they will keep me busy for a few = days.
Bert
----- Original Message -----
From:=20 Katherine=20 Malm
Sent: Tuesday, January 29, = 2002 5:12=20 PM
Subject: Re: [CANSLIM] = Katherine's=20 Lecture

Hi Bert,
 
>>Katherine, could you briefly explain some of the = differences=20 between DGO & VectorVest.<<
 
Let me just briefly summarize and then give you some references = to do=20 further research:
 
DailyGraphs Online http://www.dailygra= phs.com/Tour/tourhome.htm
 Essentially a charting service. Shows all the proprietary = IBD/DGO=20 data such as EPS, RS, SMR, A/D, Indus Group RS, etc. Also shows the = past=20 fundamentals such as ROE, D/E, EPS actuals, Rev actuals, growth in = EPS &=20 Revs, institutional ownership, cashflow, insider ownership, etc. = Shows links=20 to the corporate site and charts are marked for things such as = insider=20 selling/buying, significant highs/lows, primary/secondary stock = offerings,=20 dividend distributions, splits, etc. Contains various reports which = can be=20 downloaded to Excel for autofiltering. For example, Stocks mentioned = in=20 today's IBD, list of stocks in the printed chart books (about 2500 = stocks),=20 stocks with increasing/decreasing A/D, etc. You can create custom = stock=20 lists and can easily flip through charts by hitting the spacebar. If = you=20 have a fat pipe internet connection, this is faster than flipping = through a=20 book. *Definitely* faster than digging through the IBD for all this = data.=20 Charts at investors.com are similar, but do not contain all the = fundamental=20 goodies and reports that I mentioned. Charts ETFs but no indices or = mutual=20 funds. Current version does not have industry charting. Beta version = has a=20 snazzier stock screener, industry charts and components. 7 day trial = for=20 $19.95. Service a bit pricey, but well worth it IMHO.
 
VectorVest http://www.vector= vest.com/stockreport/po.phtml
2 versions, either online or download/desktop. I have the = desktop=20 version and prefer it. Has historical information about 6 years back = so=20 allows for viewing historical relationships between parameters. Has = some=20 proprietary components based on stock valuation principles: Value, = Relative=20 Value, Relative Timing (price action, a technical proxy), forward = growth=20 rate (excellent for CANSLIM investing), Relative Safety (a = volatility=20 measure based on past price action and fundamentals), etc. Excellent = tools=20 for stock mining such as trends, strategies, deltas, portfolios. = Excellent=20 tools for industry and sector analysis. Includes market timing = tools, but I=20 ignore them. Allows easy exports to Excel for further autofiltering. = Charting in daily and weekly mode. Can chart not only price/volume = action=20 but also any variables in the database. Also has comparison graphing = features and an optional ProTrader module that does technical = analysis=20 scans. I've been using VV since early '98 and believe it is my most = valuable=20 investing tool. Extremely powerful program with many capabilities, = but takes=20 a while to "master." 5 week trial for $9.95. (If you happen to try = it out,=20 please tell them I sent you when you do so, as I get credit toward = my=20 monthly fees.) Monthly fees paid for themselves long ago in market=20 returns.
 
Katherine
 

 
----- Original Message ----- =
From:=20 Bert=20 Pesak
To: canslim@lists.xmission.com= =20
Sent: Tuesday, January 29, = 2002 9:22=20 AM
Subject: [CANSLIM] = Katherine's=20 Lecture
=

------=_NextPart_000_0031_01C1A8F1.F4F6E350-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Dave Cameron Subject: [CANSLIM] Andersen Revisited Date: 29 Jan 2002 18:23:29 -0800 (PST) --- Tom Worley wrote: > But it is the auditor's responsibility to > object to improper or inaccurate accounting, and resist efforts to > finds ways to accommodate same. It is the auditor's responsibility > to ensure that the final 10K accurately and completely reports the > state of the company's financial condition. I don't think this was > done by Andersen with Enron, any more than it was done for Global > Crossing, Sunbeam or Wackenhut. I have seen auditors resign an > account when they and management could not agree on the final > report. That at least gives investors, and some analysts, a signal > to dig deeper. > This is exactly my point and problem. I posted earlier that I blame Andersen even more than Enron. Neither are blameless; but many companies (not just Enron) would want to fudge some numbers to make things look more attractive to investors. However, the purpose of the auditor is to nix that. We, as small investors, rely on the fact that an "unbiased" accounting firm has signed off on the financials. The fact that Andersen outright ignores this responsibility is a big red flag for me on ANY company that uses Andersen as their auditor. I do NOT want to risk my money on a company where the numbers I use to evaluate could be completely wrong. ===== Dave Cameron dfcameron@yahoo.com __________________________________________________ Do You Yahoo!? Great stuff seeking new owners in Yahoo! Auctions! http://auctions.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. ------------------------------------------------------------------------------- From: Spencer48@aol.com Subject: Re: [CANSLIM] EPS Rating vs Actual EPS Numbers Date: 29 Jan 2002 21:37:35 EST Katherine: Tomorrow's "Ask WON" in IBD.com talks about pro forma accounting. WON defines and explains pro forma accounting from a CANSLIM perspective (ie. as to what he views as important in what pro forma leaves out and what it includes.) "Ask Bill O'Neil Archives, Tuesday, January 29, 2002-- 'Could you define and discuss a term much in the news lately: pro forma accounting? " - Submitted from Kankakee, Ill. Answer: Pro forma accounting was a term that first came into widespread use during the dot.com bubble. Pro forma accounting is not compliant with Generally Accepted Accounting Principles (GAAP), and sometimes excludes basic cost such as marketing and interest. The main objective of pro forma earnings is to demonstrate true operating earnings. However, it is up to management to decide what expenses are really part of ongoing operations. The risk here is that some expenses are overlooked or classified as nonoperating, and thus not included in pro forma results. In addition, pro forma statements are usually unaudited. Nevertheless, pro forma has gained in use because many companies use it as a way to convey how their core operations have been performing, and they argue that line items such as goodwill expense, or stock options, may hide the true growth in earnings of the their core operations. Furthermore, many companies are under intense pressure to make their earnings numbers, or to turn a profit, so they have relied on pro forma earnings to give them an edge. Wall Street has accepted the use of pro forma earnings because they, like the companies they follow, are constantly trying to find inflection points in company reports where a company's core operations have just begun to change" jans In a message dated 1/29/2002 4:14:32 PM Eastern Standard Time, kmalm@earthlink.net writes: <> - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "david frank" Subject: Re: [CANSLIM] Katherine's Lecture Date: 29 Jan 2002 20:44:19 -0600 please send me a copy of Katherine's lecture. a good woman who does not shy away from questions or boring statements! thank you, david > > __________________________________________________ > Do You Yahoo!? > Great stuff seeking new owners in Yahoo! Auctions! > http://auctions.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. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] TTIL , any news? Date: 29 Jan 2002 20:47:13 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_0016_01C1A906.217813E0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi Bill, I don't see that there's any news on TTIL, but I think what you're = seeing is group weakness. Most of the group peaked and started = correcting 12/28-1/4. Stronger players have managed to hold up (BOBJ, = TTIL, SEBL), but the steady downdraft in the group was bound to get = stocks like TTIL eventually. TTIL has had a nice straight up ride since = it bottomed 9/21 around $10 and has met some major resistance at the the = $36 level set 6/00. I'd say the "get out even crowd" was selling today. = One last thing....TTIL was slightly extended--running 75% above the = 200dMA. In a strong bull market that would probably fly, but I think the = downdraft in the market as a whole lately is scaring the bejeepers out = of people. Good. We need plenty of bearishness if we've got any chance = of getting this new bull off to a good start. Sorry you were caught in = the rush to the exits, however. Katherine PS I wouldn't bet on SEBL holding up here and would definitely be = running for the exits if it broke that uptrend. A drop below $31 and its = bye-bye SEBL. ----- Original Message -----=20 From: Bill Triffet=20 To: canslim=20 Sent: Tuesday, January 29, 2002 8:13 PM Subject: [CANSLIM] TTIL , any news? Got stopped out today on TTIL (barely broke even). Other than general = market factors, I can't find any current news that would send it down 15% = today. In my view, it was really looking good last week...but that was last = week. (g) Also, I'm finding (with Fidelity anyways) that the stop-loss = executions are pretty weak. I had it set at 31 but didn't execute till down at 29. = That added a hefty 7% downwards move to the trade! I realize that market conditions can send a stock down fast and you take what you get but it = makes me want to set a higher stop as a cushion. Of course this presents the problem of being stopped out too early. Others find the same dilemma? -Bill Triffet - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------=_NextPart_000_0016_01C1A906.217813E0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Hi Bill,
 
I don't see that there's any news on TTIL, but I think what you're = seeing=20 is group weakness. Most of the group peaked and started correcting = 12/28-1/4.=20 Stronger players have managed to hold up (BOBJ, TTIL, SEBL), but the = steady=20 downdraft in the group was bound to get stocks like TTIL eventually. = TTIL has=20 had a nice straight up ride since it bottomed 9/21 around $10 and has = met some=20 major resistance at the the $36 level set 6/00. I'd say the "get out = even crowd"=20 was selling today. One last thing....TTIL was slightly extended--running = 75%=20 above the 200dMA. In a strong bull market that would probably fly, but I = think=20 the downdraft in the market as a whole lately is scaring the bejeepers = out of=20 people. Good. We need plenty of bearishness if we've got any chance of = getting=20 this new bull off to a good start. Sorry you were caught in the rush to = the=20 exits, however.
 
Katherine
 
PS I wouldn't bet on SEBL holding up here and would definitely be = running=20 for the exits if it broke that uptrend. A drop below $31 and its bye-bye = SEBL.
----- Original Message -----
From:=20 Bill=20 Triffet
To: canslim
Sent: Tuesday, January 29, 2002 = 8:13=20 PM
Subject: [CANSLIM] TTIL , any = news?

Got stopped out today on TTIL (barely broke even). = Other than=20 general market
factors, I can't find any current news that would = send it=20 down 15% today. In
my view, it was really looking good last = week...but that=20 was last week. (g)

Also, I'm finding (with Fidelity anyways) = that the=20 stop-loss executions are
pretty weak. I had it set at 31 but didn't = execute=20 till down at 29.  That
added a hefty 7% downwards move to the = trade! I=20 realize that market
conditions can send a stock down fast and you = take what=20 you get but it makes
me want to set a higher stop as a cushion. Of = course=20 this presents the
problem of being stopped out too early. Others = find the=20 same dilemma?

-Bill Triffet




-
-To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your email. ------=_NextPart_000_0016_01C1A906.217813E0-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Dan Subject: Re: [CANSLIM] Market Date: 29 Jan 2002 20:24:54 -0800 This is a multi-part message in MIME format. --------------9AACFDF5EBBB1B184F86409C Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit Enclosed chart is weekly S&P 500. Channel is linear regression channel is 2 standard deviations. Fib retracement are on right and it held at 38%. Trend is down until it moves through 1177, and it seems to be moving away from that level nicely. The 1177 area held from 12-2-01 until 1-6-02, when it started moving away. I see no sign of a pony, err, a bull. Maybe a calfing in the spring will produce one. Dan Andreas Himmelreich wrote: > Opinions please ... > > Another Diss Day, on the Nasdaq we are back to levels of mid November !!! > 50 DMA is clearly broken. > > A confused Andreas .... > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". 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Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Bill Triffet" Subject: Re: [CANSLIM] TTIL , any news? Date: 29 Jan 2002 22:29:52 -0800 Hi Katherine, You pointed out a key indicator: the 75% above the 200dma. I think it was just a couple weeks ago, I was telling someone ELSE why I thought their stock was extended - and brought up that same rule. (g) While I'm not happy about the big stopout, I did learn from my previous fiasco (DNCR) and put a stoploss right away on this one. I'm with you on the bearishness. Still not enough fear yet. I'm looking at a 3 year chart of the Dow. Each dip lower since the March 2K top has been lower than the last but with a bullish rebound. Always interesting to look back at the big picture. -Bill ----- Original Message ----- Sent: Tuesday, January 29, 2002 6:47 PM Hi Bill, I don't see that there's any news on TTIL, but I think what you're seeing is group weakness. Most of the group peaked and started correcting 12/28-1/4. Stronger players have managed to hold up (BOBJ, TTIL, SEBL), but the steady downdraft in the group was bound to get stocks like TTIL eventually. TTIL has had a nice straight up ride since it bottomed 9/21 around $10 and has met some major resistance at the the $36 level set 6/00. I'd say the "get out even crowd" was selling today. One last thing....TTIL was slightly extended--running 75% above the 200dMA. In a strong bull market that would probably fly, but I think the downdraft in the market as a whole lately is scaring the bejeepers out of people. Good. We need plenty of bearishness if we've got any chance of getting this new bull off to a good start. Sorry you were caught in the rush to the exits, however. Katherine PS I wouldn't bet on SEBL holding up here and would definitely be running for the exits if it broke that uptrend. A drop below $31 and its bye-bye SEBL. ----- Original Message ----- From: Bill Triffet To: canslim Sent: Tuesday, January 29, 2002 8:13 PM Subject: [CANSLIM] TTIL , any news? Got stopped out today on TTIL (barely broke even). Other than general market factors, I can't find any current news that would send it down 15% today. In my view, it was really looking good last week...but that was last week. (g) Also, I'm finding (with Fidelity anyways) that the stop-loss executions are pretty weak. I had it set at 31 but didn't execute till down at 29. That added a hefty 7% downwards move to the trade! I realize that market conditions can send a stock down fast and you take what you get but it makes me want to set a higher stop as a cushion. Of course this presents the problem of being stopped out too early. Others find the same dilemma? -Bill Triffet - -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. ------------------------------------------------------------------------------- From: "Tim Fisher" Subject: Re: [CANSLIM] Market Date: 29 Jan 2002 22:55:20 -0800 The rally is broken IMHO, I will wait for a bottom and confirmation (i.e. FT day). I still have SONC, it has died (better than crashing I suppose). At 02:20 AM 1/30/2002 +0100, you wrote: >Opinions please ... > >Another Diss Day, on the Nasdaq we are back to levels of mid November !!! >50 DMA is clearly broken. > >A confused Andreas .... > >- >-To subscribe/unsubscribe, email "majordomo@xmission.com" >-In the email body, write "subscribe canslim" or >-"unsubscribe canslim". Do not use quotes in your email. Tim Fisher Ore-ROCK-On Rockhounding Web Site Pacific Fishery Biologists Information mailto:tim@OreRockOn.com WWW http://OreRockOn.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. ------------------------------------------------------------------------------- From: "K.M Omer" Subject: [CANSLIM] how can non-US residents trade US stocks Date: 30 Jan 2002 11:56:40 +0200



Hi all,

I have only one question I want the member of this list to help me in finding the answer.My question is how can non-US residents trade american stocks?Iwant to know brokers online can accept applicants from overseas.I try etrade.com but it want social security number and applocant must be us residents.

 Please if you know any broker online can accept non american to participate in stock markets give me the web address.

Thanks all in advance.

khalifa


MSN Photos is the easiest way to share and print your photos: Click Here
- -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] how can non-US residents trade US stocks Date: 30 Jan 2002 05:58:56 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_0012_01C1A953.33DD5ED0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi Khalifa, I believe schwab operates worldwide. You might want to try them. Their = trades are more expensive ($30) but generally I have found them = reliable. http://www.schwab.com/ Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: K.M Omer=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, January 30, 2002 4:56 AM Subject: [CANSLIM] how can non-US residents trade US stocks Hi all,=20 I have only one question I want the member of this list to help me in = finding the answer.My question is how can non-US residents trade = american stocks?Iwant to know brokers online can accept applicants from = overseas.I try etrade.com but it want social security number and = applocant must be us residents. Please if you know any broker online can accept non american to = participate in stock markets give me the web address. Thanks all in advance. khalifa ----- MSN Photos is the easiest way to share and print your photos: Click = Here - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the = email body, write "subscribe canslim" or -"unsubscribe canslim". Do not = use quotes in your email.=20 ------=_NextPart_000_0012_01C1A953.33DD5ED0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Hi Khalifa,
 
I believe schwab operates worldwide. You might = want to try=20 them. Their trades are more expensive ($30) but generally I have found = them=20 reliable.
 
http://www.schwab.com/
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 K.M = Omer
Sent: Wednesday, January 30, = 2002 4:56=20 AM
Subject: [CANSLIM] how can = non-US=20 residents trade US stocks



Hi all,=20

I have only one question I want the member of this list to help me = in=20 finding the answer.My question is how can non-US residents trade = american=20 stocks?Iwant to know brokers online can accept applicants from = overseas.I try=20 etrade.com but it want social security number and applocant must be us = residents.

 Please if you know any broker online can accept non american = to=20 participate in stock markets give me the web address.

Thanks all in advance.

khalifa


MSN Photos is the easiest way to share and print your photos: Click Here
- = -To=20 subscribe/unsubscribe, email "majordomo@xmission.com" -In the email = body,=20 write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes = in your=20 email. ------=_NextPart_000_0012_01C1A953.33DD5ED0-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Peter Christiansen Subject: Re: [CANSLIM] how can non-US residents trade US stocks Date: 30 Jan 2002 19:34:33 +0700 Both E*Trade and Datek offer accounts for non US residents.  I don't know why E*Trade gave you incorrect information.  You will need to fill out a W8-BEN form to avoid the withholding of tax.  They will want a copy of your foreign id or passport.

Peter


At 11:56 AM 1/30/2002 +0200, you wrote:



Hi all,

I have only one question I want the member of this list to help me in finding the answer.My question is how can non-US residents trade american stocks?Iwant to know brokers online can accept applicants from overseas.I try etrade.com but it want social security number and applocant must be us residents.

 Please if you know any broker online can accept non american to participate in stock markets give me the web address.

Thanks all in advance.

khalifa

MSN Photos is the easiest way to share and print your photos: Click Here
- -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. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: AW: [CANSLIM] TTIL , any news? Date: 30 Jan 2002 14:11:28 +0100 Got stopped out as well, in at around 27 out at 31.30 ... > -----Ursprungliche Nachricht----- > Von: Bill Triffet [SMTP:btriffet@earthlink.net] > Gesendet am: Wednesday, January 30, 2002 3:14 AM > An: canslim > Betreff: [CANSLIM] TTIL , any news? > > Got stopped out today on TTIL (barely broke even). Other than general market > factors, I can't find any current news that would send it down 15% today. In > my view, it was really looking good last week...but that was last week. (g) > > Also, I'm finding (with Fidelity anyways) that the stop-loss executions are > pretty weak. I had it set at 31 but didn't execute till down at 29. That > added a hefty 7% downwards move to the trade! I realize that market > conditions can send a stock down fast and you take what you get but it makes > me want to set a higher stop as a cushion. Of course this presents the > problem of being stopped out too early. Others find the same dilemma? > > -Bill Triffet > > > > > - > -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. ------------------------------------------------------------------------------- From: Andreas Himmelreich Subject: AW: [CANSLIM] Market Date: 30 Jan 2002 14:13:36 +0100 All right, understood. Vector Vest, IBD both are bearish, the 50 DMA fell, so we wait for the confirmation (follow through day) of the next rally.... Well, I guess that was a short one ... Thank you ... > -----Ursprungliche Nachricht----- > Von: Tim Fisher [SMTP:Tim@orerockon.com] > Gesendet am: Wednesday, January 30, 2002 7:55 AM > An: canslim@lists.xmission.com > Betreff: Re: [CANSLIM] Market > > The rally is broken IMHO, I will wait for a bottom and confirmation (i.e. > FT day). I still have SONC, it has died (better than crashing I suppose). > > At 02:20 AM 1/30/2002 +0100, you wrote: > >Opinions please ... > > > >Another Diss Day, on the Nasdaq we are back to levels of mid November !!! > >50 DMA is clearly broken. > > > >A confused Andreas .... > > > >- > >-To subscribe/unsubscribe, email "majordomo@xmission.com" > >-In the email body, write "subscribe canslim" or > >-"unsubscribe canslim". Do not use quotes in your email. > > Tim Fisher > Ore-ROCK-On Rockhounding Web Site > Pacific Fishery Biologists Information > mailto:tim@OreRockOn.com > WWW http://OreRockOn.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. ------------------------------------------------------------------------------- From: "Ben Chilcote" Subject: Re: [CANSLIM] Katherine's Lecture Date: 30 Jan 2002 09:12:53 -0500 Katherine, I would greatly appreciate a copy of your lecture also. Everyone seems to be requesting it, so I am really looking forward to learing from it. Thank you very much, Ben ----- Original Message ----- Sent: Tuesday, January 29, 2002 3:03 PM > I'd like a copy as well. Thanks in advance! > > Neal > > -----Original Message----- > From: owner-canslim@lists.xmission.com > [mailto:owner-canslim@lists.xmission.com]On Behalf Of Chen's mailbox > Sent: Tuesday, January 29, 2002 11:34 AM > To: canslim@lists.xmission.com > Subject: Re: [CANSLIM] Katherine's Lecture > > katherine, I would appreciate a copy as well. > > Thanks in advance! > > John Chen > leeti@attbi.com > > > At 07:22 AM 1/29/2002, you wrote: > >Gene, Katherine, > > > >If you have a copy of Katherine's lecture I would like to read it. > > > >I'm sure it will help me get a handle on how deep I want to get into the > >Canslim process. > > > >Katherine, could you briefly explain some of the differences between DGO & > >VectorVest. > > > >Thanks for you help. > > > >Bert Pesak > >bpesak@ct1.nai.net > > > > > > > > > >- > >-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. - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] Market Date: 30 Jan 2002 08:17:43 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_002E_01C1A966.97757460 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi Dan, Nice chart. What software are you using to generate the regression lines = and Fib retracements? Katherine ----- Original Message -----=20 From: Dan=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, January 29, 2002 10:24 PM Subject: Re: [CANSLIM] Market Enclosed chart is weekly S&P 500. Channel is linear regression = channel is 2 standard deviations. Fib retracement are on right and it held at 38%. = Trend is down until it moves through 1177, and it seems to be moving away = from that level nicely. The 1177 area held from 12-2-01 until 1-6-02, when it = started moving away. I see no sign of a pony, err, a bull. Maybe a calfing in the spring = will produce one. Dan Andreas Himmelreich wrote: > Opinions please ... > > Another Diss Day, on the Nasdaq we are back to levels of mid = November !!! > 50 DMA is clearly broken. > > A confused Andreas .... > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. ----- ------=_NextPart_000_002E_01C1A966.97757460 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Hi Dan,
 
Nice chart. What software are you using to generate the regression = lines=20 and Fib retracements?
 
Katherine
----- Original Message -----
From:=20 Dan =
Sent: Tuesday, January 29, 2002 = 10:24=20 PM
Subject: Re: [CANSLIM] = Market

Enclosed chart is weekly S&P 500.  Channel is = linear=20 regression channel is 2
standard deviations.  Fib retracement = are on=20 right and it held at 38%.  Trend
is down until it moves = through 1177,=20 and it seems to be moving away from that
level nicely.  The = 1177 area=20 held from 12-2-01 until 1-6-02, when it started
moving = away.

I see=20 no sign of a pony, err, a bull.  Maybe a calfing in the spring=20 will
produce one.

Dan

Andreas Himmelreich = wrote:

>=20 Opinions please ...
>
> Another Diss Day, on the Nasdaq we = are=20 back to levels of mid November !!!
> 50 DMA is clearly=20 broken.
>
> A confused Andreas ....
>
> = -
> -To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
>= ; -In=20 the email body, write "subscribe canslim" or
> -"unsubscribe=20 canslim".  Do not use quotes in your email.

------=_NextPart_000_002E_01C1A966.97757460-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Gary F. Oakley" Subject: Re: [CANSLIM] how can non-US residents trade US stocks Date: 31 Jan 2002 09:42:27 -0500 --=====================_6286714==_.ALT Content-Type: text/plain; charset="us-ascii"; format=flowed Hi Khalifa, Cyber trader (cybertrader.com) also deals with non US resident - I use them from the Cayman Islands. Gary At 07:34 PM 1/30/02 +0700, you wrote: >Both E*Trade and Datek offer accounts for non US residents. I don't know >why E*Trade gave you incorrect information. You will need to fill out a >W8-BEN form to avoid the withholding of tax. They will want a copy of >your foreign id or passport. > >Peter > > >At 11:56 AM 1/30/2002 +0200, you wrote: > > > >>Hi all, >> >>I have only one question I want the member of this list to help me in >>finding the answer.My question is how can non-US residents trade american >>stocks?Iwant to know brokers online can accept applicants from overseas.I >>try etrade.com but it want social security number and applocant must be >>us residents. >> >> Please if you know any broker online can accept non american to >> participate in stock markets give me the web address. >> >>Thanks all in advance. >> >>khalifa >> >> >>---------- >>MSN Photos is the easiest way to share and print your photos: Click Here >>- -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. --=====================_6286714==_.ALT Content-Type: text/html; charset="us-ascii" Hi Khalifa,

Cyber trader (cybertrader.com) also deals with non US resident - I use them from the Cayman Islands.

Gary

At 07:34 PM 1/30/02 +0700, you wrote:
Both E*Trade and Datek offer accounts for non US residents.  I don't know why E*Trade gave you incorrect information.  You will need to fill out a W8-BEN form to avoid the withholding of tax.  They will want a copy of your foreign id or passport.

Peter


At 11:56 AM 1/30/2002 +0200, you wrote:



Hi all,

I have only one question I want the member of this list to help me in finding the answer.My question is how can non-US residents trade american stocks?Iwant to know brokers online can accept applicants from overseas.I try etrade.com but it want social security number and applocant must be us residents.

 Please if you know any broker online can accept non american to participate in stock markets give me the web address.

Thanks all in advance.

khalifa

MSN Photos is the easiest way to share and print your photos: Click Here
- -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.
--=====================_6286714==_.ALT-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Rich W" Subject: [CANSLIM] Katherine's Lecture Date: 30 Jan 2002 08:41:59 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_0332_01C1A969.FB834970 Content-Type: multipart/alternative; boundary="----=_NextPart_001_0333_01C1A969.FB834970" ------=_NextPart_001_0333_01C1A969.FB834970 Content-Type: text/plain; charset="Windows-1252" Content-Transfer-Encoding: quoted-printable BlankKatherine, Please send me your Lecture, as I use IBD and DGO, but do not have = Vectorvest. Everyone is requesting it, and we all are looking forward to learn a lot = from it you have been a great contributor to this board, and hope we have not = caused to much of a problem for all the requests for the Lecture. Thanks very much Rich W ------=_NextPart_001_0333_01C1A969.FB834970 Content-Type: text/html; charset="Windows-1252" Content-Transfer-Encoding: quoted-printable Blank
Katherine,
Please send me  your Lecture, as I use IBD and DGO, but do not = have=20 Vectorvest.
Everyone is requesting it, and we all are looking forward to learn = a lot=20 from it
you have been a great contributor to this board, and hope we = have not=20 caused to much of a problem
for all the requests for the Lecture.
Thanks very much
Rich W

 

------=_NextPart_001_0333_01C1A969.FB834970-- ------=_NextPart_000_0332_01C1A969.FB834970 Content-Type: image/gif; name="Blank Bkgrd.gif" Content-Transfer-Encoding: base64 Content-ID: <033101c1a99c$46192590$1830e6cf@LAPTOP> R0lGODlhLQAtAID/AP////f39ywAAAAALQAtAEACcAxup8vtvxKQsFon6d02898pGkgiYoCm6sq2 7iqWcmzOsmeXeA7uPJd5CYdD2g9oPF58ygqz+XhCG9JpJGmlYrPXGlfr/Yo/VW45e7amp2tou/lW xo/zX513z+Vt+1n/tiX2pxP4NUhy2FM4xtjIUQAAOw== ------=_NextPart_000_0332_01C1A969.FB834970-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: larry l worden Subject: Re: [CANSLIM] Katherine's Lecture (new business) Date: 30 Jan 2002 07:11:03 -0800 I would also like a copy. Thanks Larry On Wed, 30 Jan 2002 09:12:53 -0500 "Ben Chilcote" writes: > Katherine, > I would greatly appreciate a copy of your lecture also. Everyone > seems to > be requesting it, so I am really looking forward to learing from > it. > Thank you very much, > Ben > ----- Original Message ----- > From: "Neal Frankle" > To: > Sent: Tuesday, January 29, 2002 3:03 PM > Subject: RE: [CANSLIM] Katherine's Lecture > > > > I'd like a copy as well. Thanks in advance! > > > > Neal > > > > -----Original Message----- > > From: owner-canslim@lists.xmission.com > > [mailto:owner-canslim@lists.xmission.com]On Behalf Of Chen's > mailbox > > Sent: Tuesday, January 29, 2002 11:34 AM > > To: canslim@lists.xmission.com > > Subject: Re: [CANSLIM] Katherine's Lecture > > > > katherine, I would appreciate a copy as well. > > > > Thanks in advance! > > > > John Chen > > leeti@attbi.com > > > > > > At 07:22 AM 1/29/2002, you wrote: > > >Gene, Katherine, > > > > > >If you have a copy of Katherine's lecture I would like to read > it. > > > > > >I'm sure it will help me get a handle on how deep I want to get > into the > > >Canslim process. > > > > > >Katherine, could you briefly explain some of the differences > between DGO > & > > >VectorVest. > > > > > >Thanks for you help. > > > > > >Bert Pesak > > >bpesak@ct1.nai.net > > > > > > > > > > > > > > >- > > >-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. > > > - > -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. ------------------------------------------------------------------------------- From: DanC Subject: Re: [CANSLIM] Market Date: 30 Jan 2002 07:29:11 -0800 Morning Katherine,

Qcharts from Quote.com

Dan

Katherine Malm wrote:

Hi Dan, Nice chart. What software are you using to generate the regression lines and Fib retracements? Katherine
- -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tangen, Eric" Subject: [CANSLIM] Candidate List: ETsPVWwSNC 1/29/02 Date: 30 Jan 2002 10:32:41 -0500 Hello All, After about 6 months of development, I've developed a breakout scanning capability based entirely on statistics of price and volume. ETsPVWwSNC is a scan I've developed; it stands for ET's Price Volume Winners with Serious Number Crunching. The only thing that is CANSLIM related to this methodology is that it is looking for a breakout. No fundies, no cup and handles, little to no chart pattern reading, no scan for % institutional sponsorship, etc. I'm not going to divulge the details of my work - too much time and effort went into this to give it away. And its still a work in progress. I've got some serious backtesting I've got to code up for - I can't quote you a figure for the reliability of these breakouts. For now, I will share ticker symbols. Here's yesterdays results: Tues - 01/29/02 ACE CDN EXPE ISSX ITW PSSI TVLY USAI XRX (yes, the troubled document company made this scan - perhaps it might qualify for the N in CANSLIM - new management (?).) I'm very sour on the market averages until this whole accounting mess gets staightened up. Eric Tangen - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: Re: [CANSLIM] Candidate List: ETsPVWwSNC 1/29/02 Date: 30 Jan 2002 10:42:42 -0500 The problem remains, Eric, that most of these don't come close to qualifying as CANSLIM. At a quick review, I only see EXPE and TVLY as even possessing the most basic CS criteria for further consideration. It takes a lot more than a breakout to find CANSLIM quality stocks. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message ----- Sent: Wednesday, January 30, 2002 10:32 AM > Hello All, > > After about 6 months of development, I've developed a breakout scanning > capability based entirely on statistics of price and volume. > > ETsPVWwSNC is a scan I've developed; it stands for ET's Price Volume Winners > with Serious Number Crunching. > > The only thing that is CANSLIM related to this methodology is that it is > looking for a breakout. No fundies, no cup and handles, little to no chart > pattern reading, no scan for % institutional sponsorship, etc. > > I'm not going to divulge the details of my work - too much time and effort > went into this to give it away. And its still a work in progress. I've got > some serious backtesting I've got to code up for - I can't quote you a > figure for the reliability of these breakouts. > > For now, I will share ticker symbols. > > Here's yesterdays results: > > Tues - 01/29/02 > > ACE > CDN > EXPE > ISSX > ITW > PSSI > TVLY > USAI > XRX (yes, the troubled document company made this scan - perhaps it might > qualify for the N in CANSLIM - new management (?).) > > I'm very sour on the market averages until this whole accounting mess gets > staightened up. > > Eric Tangen > > > > > > > > - > -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. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] Candidate List: ETsPVWwSNC 1/29/02 Date: 30 Jan 2002 10:07:45 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_0005_01C1A975.F651AC60 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi Tom, I understand what you are saying, but I think Eric pinted out that he is = looking for technical pattern and nothing else. Imagine if he comes up = with a reliable technical pattern and this pattern recognition could be = run on "CANSLIM quality" stocks! Pretty cool trick. Katherine ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, January 30, 2002 9:42 AM Subject: Re: [CANSLIM] Candidate List: ETsPVWwSNC 1/29/02 The problem remains, Eric, that most of these don't come close to = qualifying as CANSLIM. At a quick review, I only see EXPE and TVLY as even = possessing the most basic CS criteria for further consideration. It takes a lot = more than a breakout to find CANSLIM quality stocks. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message ----- From: "Tangen, Eric" To: Sent: Wednesday, January 30, 2002 10:32 AM Subject: [CANSLIM] Candidate List: ETsPVWwSNC 1/29/02 > Hello All, > > After about 6 months of development, I've developed a breakout = scanning > capability based entirely on statistics of price and volume. > > ETsPVWwSNC is a scan I've developed; it stands for ET's Price Volume Winners > with Serious Number Crunching. > > The only thing that is CANSLIM related to this methodology is that = it is > looking for a breakout. No fundies, no cup and handles, little to no = chart > pattern reading, no scan for % institutional sponsorship, etc. > > I'm not going to divulge the details of my work - too much time and = effort > went into this to give it away. And its still a work in progress. = I've got > some serious backtesting I've got to code up for - I can't quote you = a > figure for the reliability of these breakouts. > > For now, I will share ticker symbols. > > Here's yesterdays results: > > Tues - 01/29/02 > > ACE > CDN > EXPE > ISSX > ITW > PSSI > TVLY > USAI > XRX (yes, the troubled document company made this scan - perhaps it = might > qualify for the N in CANSLIM - new management (?).) > > I'm very sour on the market averages until this whole accounting = mess gets > staightened up. > > Eric Tangen > > > > > > > > - > -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. ------=_NextPart_000_0005_01C1A975.F651AC60 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Hi Tom,
 
I understand what you are saying, but I think Eric pinted out that = he is=20 looking for technical pattern and nothing else. Imagine if he comes up = with a=20 reliable technical pattern and this pattern recognition could be run on = "CANSLIM=20 quality" stocks! Pretty cool trick.
 
Katherine
----- Original Message -----
From:=20 Tom = Worley=20
Sent: Wednesday, January 30, = 2002 9:42=20 AM
Subject: Re: [CANSLIM] = Candidate List:=20 ETsPVWwSNC 1/29/02

The problem remains, Eric, that most of these don't = come close=20 to qualifying
as CANSLIM. At a quick review, I only see EXPE and = TVLY as=20 even possessing
the most basic CS criteria for further = consideration. It=20 takes a lot more
than a breakout to find CANSLIM quality = stocks.

Tom=20 Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From: "Tangen, Eric" = <tangene@tycoelectronics.com>
To:=20 <canslim@lists.xmission.com= >
Sent:=20 Wednesday, January 30, 2002 10:32 AM
Subject: [CANSLIM] Candidate = List:=20 ETsPVWwSNC 1/29/02


> Hello All,
>
> After = about 6=20 months of development, I've developed a breakout scanning
> = capability=20 based entirely on statistics of price and volume.
>
> = ETsPVWwSNC=20 is a scan I've developed; it stands for ET's Price = Volume
Winners
>=20 with Serious Number Crunching.
>
> The only thing that is = CANSLIM=20 related to this methodology is that it is
> looking for a = breakout. No=20 fundies, no cup and handles, little to no chart
> pattern = reading, no=20 scan for % institutional sponsorship, etc.
>
> I'm not = going to=20 divulge the details of my work - too much time and effort
> went = into=20 this to give it away. And its still a work in progress. I've = got
> some=20 serious backtesting I've got to code up for - I can't quote you = a
>=20 figure for the reliability of these breakouts.
>
> For = now, I will=20 share ticker symbols.
>
> Here's yesterdays=20 results:
>
> Tues - 01/29/02
>
> ACE
>=20 CDN
> EXPE
> ISSX
> ITW
> PSSI
> = TVLY
>=20 USAI
> XRX (yes, the troubled document company made this scan - = perhaps=20 it might
> qualify for the N in CANSLIM - new management=20 (?).)
>
> I'm very sour on the market averages until this = whole=20 accounting mess gets
> staightened up.
>
> Eric=20 Tangen
>
>
>
>
>
>
>
> = -
> -To subscribe/unsubscribe, email "majordomo@xmission.com"
>= ; -In=20 the email body, write "subscribe canslim" or
> -"unsubscribe=20 canslim".  Do not use quotes in your=20 email.
>
>



-
-To subscribe/unsubscribe, = email=20 "majordomo@xmission.com"
-In= =20 the email body, write "subscribe canslim" or
-"unsubscribe = canslim". =20 Do not use quotes in your email. ------=_NextPart_000_0005_01C1A975.F651AC60-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: [CANSLIM] Due Diligence Date: 30 Jan 2002 11:11:05 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_000C_01C1A97E.CFC433C0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi all, One of the parts of my investment discipline that I feel very strongly = about is the due diligence step. I call this "making a case for the = stock" or "the 2 minute elevator speech." Gerald Loeb calls it "having a = single ruling reason." Wise advise from a gentleman that's known for his = successful career. Here's a terrific article on the subject that I'm = placing in the front of my CANSLIM binder in the section marked "sell = rules.": --Katherine Investment Ideas Have Expiration Dates=20 28-Jan-02 11:50 ET=20 =20 [BRIEFING.COM - Robert V. Green] You probably wouldn't drink milk = in your refrigerator that is a month past the expiration date. Why are = you still holding on to the stock whose investment idea has expired?=20 Stock Purchase Premises We believe strongly that when you buy a stock, you should have an = investment premise.=20 A premise is an reasoned explanation or idea for why the stock = price for your chosen investment will rise. This includes ideas such as: a.. Revenue and earnings will grow because the company has great = distribution in an expanding market.=20 b.. The company will be acquired because it fits well with XYZ's = stated expansion plans.=20 c.. The company will continue its strong demonstrated increase = in its net profit and gross margin percentages, thereby earning an = increased market multiple.=20 d.. The company's market multiples are low in comparison with = comparable companies, and will eventually reach parity.=20 e.. The historical stock price chart indicates a coming change = in the stock price.=20 f.. A new product introduction will generate a new stream of = revenue and earnings that are not yet factored into the price.=20 g.. The company is the sole provider of a product, demand for = which will increase.=20 These are examples of the conclusion of an investment premise. A = fully developed premise includes a financial projection and assumed = market multiples in the future that predict the future stock price.=20 (For the moment, we will ignore the problem of buying a stock = without an investment premise. This far too common practice deserves its = own separate treatment.) Even the best researched and thought out investment premises do = not always come true. How you address your investment at this moment is = a key element of investment success.=20 Sell When It Does Not Work Out An investment premise imposes a discipline upon the buying = decision.=20 It also can be a key element of the sell decision.=20 When it becomes clear that an investment premise is wrong, you = have only two choices:=20 1.. Sell.=20 2.. Develop a new premise.=20 Failure to take either of these two paths means that "hope" is now = the premise on which your money is invested. While "hope" is a great = motivator in our emotional lives, it is a very poor reason to make an = investment.=20 When you learn or decide that your investment premise is wrong, = and you cannot develop a new investment premise, you must sell, even if = it means a loss. Failure to take losses at this point only subjects your = money to "uncalculated risks." If you have no reason for why the stock = price will rise, you have no understanding of what is driving the stock. = As an extreme example, consider Exodus Communications. The = investment premise behind many owners of the stock in 1999 and 2000 was = that the world-wide boom in web site build-outs would lead to an = increased customer base for Exodus with strong revenue growth and = earnings growth. This was actually a very reasoned and rational = investment premise at the time.=20 However, this investment premise was destroyed in April of 2001, = when Exodus reported sequential revenue declines were coming. At that = point, the price of the stock was $9. Investors who had bought on the = growth premise were faced with large losses. The stock had traded above = $50 just six months prior and $100 one year earlier. [Katherine's = note--technical sell rules got you out of this stock *long* before the = fundamental slowdown kicked in. If you missed the technical sell rules, = the lone fundamental rule of slowing earnings/revenue would have saved = you.] But anyone who sold EXDS at a loss in April 2001 because the = growth premise had been disproved, saved the additional $9 a share they = would have lost if they continued to hold the stock.=20 "Avoiding investment loss" is the same as "making money." When you = sell at a loss because your investment premise has not worked out, you = often save yourself from further losses. [Katherine's note--another = CANSLIM sell rule, cut your losses short and move on] Expiration Dates Investment premises have expiration dates.=20 If you have strong investment discipline, you can sell when you = know your investment premise is wrong. But what if time elapses and = there is no conclusive evidence that the premise is either right or = wrong? What then? [Katherine's note--think this is an investing = discipline that transcends all styles] You should decide, in advance, how long you can wait for the = premise upon which you based your investment decision to develop. = Patience may be a virtue, but investment patience that is not backed up = by progress eventually becomes "hope" and not a true premise.=20 Business progress towards a business goal is called "traction." If = your premise is based upon a company's business fundamentals you need to = look for traction in the earnings reports. Failure to produce traction = is often a contradiction of a growth premise, even if the company's = stock price does not move. You should decide how long it "should take" = for the business to truly live up to the promise of your premise. If = traction doesn't occur in the timeframe you expected, start considering = selling.=20 This is the reason that growth stock prices decline so drastically = upon poor earnings reports. Disciplined professionals dump the stock = when their premise is disproved by poor results. The refuse to hold the = stock, even if the losses are severe. [Katherine's note--another = important sell rule...inexplicable gaps down near earnings dates and/or = gaps down on earnings news.....get out of the way. Another sell = rule--tails near the top on high volume indicate institutional = selling...pay attention and make sure you have big ears when the market = speaks.] If your investment premise is based upon technical analysis, = expiration dates are even easier to define. Most TA approaches forecast = chart moves within a timeframe. When it turns out that the expected turn = did not happen within the timeframe expected, your investment premise = has expired! [Katherine's note--another sell rule...if a stock breaks = out and has not follow-thru within a reasonable timeframe, move on] New Premises When the milk in your refrigerator expires, you pour it out and = get a new gallon. The same practice should apply to investment premises. = [Katherine's note--another CANSLIM principle, dump the losers, pyramid = into the winners. If your sell rules kick in and there is nothing of = quality setting up to buy, you wait in near-cash. If you are more = aggressive you can practice "upside-down CANSLIM" and go short.] It is extremely distasteful to take a deep drink of sour milk = unknowingly. Equally unpleasant is holding a stock long after the reason = you bought it has been explicitly disproved through contradiction, or = implicitly disproved through the absence of traction. Only you can = decide how long your investment premise should last, but without an = expiration date, you may well find that your investments have curdled = while you weren't looking.=20 Comments may be emailed to the author, Robert V. Green, at = rvgreen@briefing.com=20 =20 ------=_NextPart_000_000C_01C1A97E.CFC433C0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Hi all,
 
One of the parts of my investment discipline = that I=20 feel very strongly about is the due diligence step. I call this "making = a case=20 for the stock" or "the 2 minute elevator speech." Gerald Loeb calls it = "having a=20 single ruling reason." Wise advise from a gentleman that's known for his = successful career. Here's a terrific article on the subject that I'm = placing in=20 the front of my CANSLIM binder in the section marked "sell = rules.":
 
--Katherine
 
Investment Ideas Have = Expiration=20 Dates
28-Jan-02 11:50 ET

[BRIEFING.COM - Robert V. Green] You probably wouldn't drink = milk in=20 your refrigerator that is a month past the expiration date. Why = are you=20 still holding on to the stock whose investment idea has expired? =

Stock Purchase Premises

We believe strongly that when you buy a stock, you should have = an=20 investment premise.

A premise is an reasoned explanation or idea for why the stock = price=20 for your chosen investment will rise. This includes ideas such = as:

  • Revenue and earnings will grow because the company has great = distribution in an expanding market.=20
  • The company will be acquired because it fits well with XYZ's = stated=20 expansion plans.=20
  • The company will continue its strong demonstrated increase = in its=20 net profit and gross margin percentages, thereby earning an = increased=20 market multiple.=20
  • The company's market multiples are low in comparison with = comparable=20 companies, and will eventually reach parity.=20
  • The historical stock price chart indicates a coming change = in the=20 stock price.=20
  • A new product introduction will generate a new stream of = revenue and=20 earnings that are not yet factored into the price.=20
  • The company is the sole provider of a product, demand for = which will=20 increase.

These are examples of the conclusion of an investment premise. = A fully=20 developed premise includes a financial projection and assumed = market=20 multiples in the future that predict the future stock price.

(For the moment, we will ignore the problem of buying a stock=20 without an investment premise. This far too common practice = deserves its own separate treatment.)

Even the best researched and thought out investment premises do = not=20 always come true. How you address your investment at this moment = is a key=20 element of investment success.

Sell When It Does Not Work Out

An investment premise imposes a discipline upon the buying = decision.=20

It also can be a key element of the sell decision.

When it becomes clear that an investment premise is = wrong, you=20 have only two choices:

  1. Sell.=20
  2. Develop a new premise.

Failure to take either of these two paths means that "hope" is = now the=20 premise on which your money is invested. While "hope" is a great = motivator=20 in our emotional lives, it is a very poor reason to make an = investment.=20

When you learn or decide that your investment premise is wrong, = and you=20 cannot develop a new investment premise, you must sell, even if = it=20 means a loss. Failure to take losses at this point only = subjects your=20 money to "uncalculated risks." If you have no reason for why the = stock=20 price will rise, you have no understanding of what is driving the = stock.=20

As an extreme example, consider Exodus Communications. The = investment=20 premise behind many owners of the stock in 1999 and 2000 was that = the=20 world-wide boom in web site build-outs would lead to an increased = customer=20 base for Exodus with strong revenue growth and earnings growth. = This was=20 actually a very reasoned and rational investment premise at the = time.

However, this investment premise was destroyed in April = of 2001,=20 when Exodus reported sequential revenue declines were coming. At = that=20 point, the price of the stock was $9. Investors who had bought on = the=20 growth premise were faced with large losses. The stock had traded = above=20 $50 just six months prior and $100 one year earlier. [Katherine's note--technical sell rules got you = out of this=20 stock *long* before the fundamental slowdown kicked in. If you = missed the=20 technical sell rules, the lone fundamental rule of slowing=20 earnings/revenue would have saved you.]

But anyone who sold EXDS at a loss in April 2001 because the = growth=20 premise had been disproved, saved the additional $9 a share = they=20 would have lost if they continued to hold the stock.

"Avoiding investment loss" is the same as "making money." When = you sell=20 at a loss because your investment premise has not worked out, you = often=20 save yourself from further losses. [Katherine's=20 note--another CANSLIM sell rule, cut your losses short and move=20 on]

Expiration Dates

Investment premises have expiration dates.

If you have strong investment discipline, you can sell when you = know=20 your investment premise is wrong. But what if time elapses and = there is no=20 conclusive evidence that the premise is either right or wrong? = What then?=20 [Katherine's note--think this is an = investing=20 discipline that transcends all styles]

You should decide, in advance, how long you can wait for the = premise=20 upon which you based your investment decision to develop. Patience = may be=20 a virtue, but investment patience that is not backed up by = progress=20 eventually becomes "hope" and not a true premise.

Business progress towards a business goal is called "traction." = If your=20 premise is based upon a company's business fundamentals you need = to look=20 for traction in the earnings reports. Failure to produce traction = is often=20 a contradiction of a growth premise, even if the company's stock = price=20 does not move. You should decide how long it "should take" for the = business to truly live up to the promise of your premise. If = traction=20 doesn't occur in the timeframe you expected, start = considering=20 selling.

This is the reason that growth stock prices decline so = drastically upon=20 poor earnings reports. Disciplined professionals dump the = stock=20 when their premise is disproved by poor results. The refuse to = hold the=20 stock, even if the losses are severe. [Katherine's=20 note--another important sell rule...inexplicable gaps down near = earnings=20 dates and/or gaps down on earnings news.....get out of the way. = Another=20 sell rule--tails near the top on high volume indicate = institutional=20 selling...pay attention and make sure you have big ears when the = market=20 speaks.]

If your investment premise is based upon technical analysis, = expiration=20 dates are even easier to define. Most TA approaches forecast chart = moves=20 within a timeframe. When it turns out that the expected turn did = not=20 happen within the timeframe expected, your investment premise = has=20 expired! [Katherine's note--another = sell=20 rule...if a stock breaks out and has not follow-thru within a = reasonable=20 timeframe, move on]

New Premises

When the milk in your refrigerator expires, you pour it out and = get a=20 new gallon. The same practice should apply to investment premises. = [Katherine's note--another CANSLIM principle, dump = the=20 losers, pyramid into the winners. If your sell rules kick in and = there is=20 nothing of quality setting up to buy, you wait in near-cash. = If you=20 are more aggressive you can practice "upside-down CANSLIM" and go=20 short.]

It is extremely distasteful to take a deep drink of sour milk=20 unknowingly. Equally unpleasant is holding a stock long after the = reason=20 you bought it has been explicitly disproved through contradiction, = or=20 implicitly disproved through the absence of traction. Only you can = decide=20 how long your investment premise should last, but without an = expiration=20 date, you may well find that your investments have curdled while = you=20 weren't looking.

Comments may be emailed to the author, Robert V. Green, at rvgreen@briefing.com =

------=_NextPart_000_000C_01C1A97E.CFC433C0-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Jerry Sparrow" Subject: Re: [CANSLIM] Katherine's Lecture Date: 30 Jan 2002 12:17:36 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_018A_01C1A988.1A85B060 Content-Type: text/plain; charset="Windows-1252" Content-Transfer-Encoding: quoted-printable I would greatly enjoy reading a copy as well... ----- Original Message -----=20 From: Scott Gettis=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, January 29, 2002 9:22 PM Subject: RE: [CANSLIM] Katherine's Lecture can i get a copy too. -----Original Message----- From: owner-canslim@lists.xmission.com = [mailto:owner-canslim@lists.xmission.com]On Behalf Of Bert Pesak Sent: Tuesday, January 29, 2002 3:54 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] Katherine's Lecture Katherine, Thanks for the replies. I'm sure they will keep me busy for a few days. Bert ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, January 29, 2002 5:12 PM Subject: Re: [CANSLIM] Katherine's Lecture Hi Bert, >>Katherine, could you briefly explain some of the differences = between DGO & VectorVest.<< Let me just briefly summarize and then give you some references to = do further research: DailyGraphs Online http://www.dailygraphs.com/Tour/tourhome.htm Essentially a charting service. Shows all the proprietary IBD/DGO = data such as EPS, RS, SMR, A/D, Indus Group RS, etc. Also shows the past = fundamentals such as ROE, D/E, EPS actuals, Rev actuals, growth in EPS & = Revs, institutional ownership, cashflow, insider ownership, etc. Shows = links to the corporate site and charts are marked for things such as = insider selling/buying, significant highs/lows, primary/secondary stock = offerings, dividend distributions, splits, etc. Contains various reports = which can be downloaded to Excel for autofiltering. For example, Stocks = mentioned in today's IBD, list of stocks in the printed chart books = (about 2500 stocks), stocks with increasing/decreasing A/D, etc. You can = create custom stock lists and can easily flip through charts by hitting = the spacebar. If you have a fat pipe internet connection, this is faster = than flipping through a book. *Definitely* faster than digging through = the IBD for all this data. Charts at investors.com are similar, but do = not contain all the fundamental goodies and reports that I mentioned. = Charts ETFs but no indices or mutual funds. Current version does not = have industry charting. Beta version has a snazzier stock screener, = industry charts and components. 7 day trial for $19.95. Service a bit = pricey, but well worth it IMHO. VectorVest http://www.vectorvest.com/stockreport/po.phtml 2 versions, either online or download/desktop. I have the desktop = version and prefer it. Has historical information about 6 years back so = allows for viewing historical relationships between parameters. Has some = proprietary components based on stock valuation principles: Value, = Relative Value, Relative Timing (price action, a technical proxy), = forward growth rate (excellent for CANSLIM investing), Relative Safety = (a volatility measure based on past price action and fundamentals), etc. = Excellent tools for stock mining such as trends, strategies, deltas, = portfolios. Excellent tools for industry and sector analysis. Includes = market timing tools, but I ignore them. Allows easy exports to Excel for = further autofiltering. Charting in daily and weekly mode. Can chart not = only price/volume action but also any variables in the database. Also = has comparison graphing features and an optional ProTrader module that = does technical analysis scans. I've been using VV since early '98 and = believe it is my most valuable investing tool. Extremely powerful = program with many capabilities, but takes a while to "master." 5 week = trial for $9.95. (If you happen to try it out, please tell them I sent = you when you do so, as I get credit toward my monthly fees.) Monthly = fees paid for themselves long ago in market returns. Katherine =20 ----- Original Message -----=20 From: Bert Pesak=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, January 29, 2002 9:22 AM Subject: [CANSLIM] Katherine's Lecture ------=_NextPart_000_018A_01C1A988.1A85B060 Content-Type: text/html; charset="Windows-1252" Content-Transfer-Encoding: quoted-printable
I would greatly enjoy reading a copy as = well...
----- Original Message -----
From:=20 Scott = Gettis=20
Sent: Tuesday, January 29, 2002 = 9:22=20 PM
Subject: RE: [CANSLIM] = Katherine's=20 Lecture

can=20 i get a copy too.
-----Original Message-----
From: owner-canslim@lists.xmis= sion.com=20 [mailto:owner-canslim@lists.xmission.com]On Behalf Of Bert=20 Pesak
Sent: Tuesday, January 29, 2002 3:54 = PM
To: canslim@lists.xmission.com=
Subject:=20 Re: [CANSLIM] Katherine's Lecture

Katherine,
Thanks for the replies.
I'm sure they will keep me busy for a few=20 days.
Bert
----- Original Message ----- =
From:=20 Katherine=20 Malm
To: canslim@lists.xmission.com= =20
Sent: Tuesday, January 29, = 2002 5:12=20 PM
Subject: Re: [CANSLIM] = Katherine's=20 Lecture

Hi Bert,
 
>>Katherine, could you briefly explain some of the = differences=20 between DGO & VectorVest.<<
 
Let me just briefly summarize and then give you some = references to do=20 further research:
 
DailyGraphs Online http://www.dailygra= phs.com/Tour/tourhome.htm
 Essentially a charting service. Shows all the = proprietary=20 IBD/DGO data such as EPS, RS, SMR, A/D, Indus Group RS, etc. Also = shows=20 the past fundamentals such as ROE, D/E, EPS actuals, Rev actuals, = growth=20 in EPS & Revs, institutional ownership, cashflow, insider = ownership,=20 etc. Shows links to the corporate site and charts are marked for = things=20 such as insider selling/buying, significant highs/lows, = primary/secondary=20 stock offerings, dividend distributions, splits, etc. Contains = various=20 reports which can be downloaded to Excel for autofiltering. For = example,=20 Stocks mentioned in today's IBD, list of stocks in the printed = chart books=20 (about 2500 stocks), stocks with increasing/decreasing A/D, etc. = You can=20 create custom stock lists and can easily flip through charts by = hitting=20 the spacebar. If you have a fat pipe internet connection, this is = faster=20 than flipping through a book. *Definitely* faster than digging = through the=20 IBD for all this data. Charts at investors.com are similar, but do = not=20 contain all the fundamental goodies and reports that I mentioned. = Charts=20 ETFs but no indices or mutual funds. Current version does not have = industry charting. Beta version has a snazzier stock screener, = industry=20 charts and components. 7 day trial for $19.95. Service a bit = pricey, but=20 well worth it IMHO.
 
VectorVest http://www.vector= vest.com/stockreport/po.phtml
2 versions, either online or download/desktop. I have the = desktop=20 version and prefer it. Has historical information about 6 years = back so=20 allows for viewing historical relationships between parameters. = Has some=20 proprietary components based on stock valuation principles: Value, = Relative Value, Relative Timing (price action, a technical proxy), = forward=20 growth rate (excellent for CANSLIM investing), Relative Safety (a=20 volatility measure based on past price action and fundamentals), = etc.=20 Excellent tools for stock mining such as trends, strategies, = deltas,=20 portfolios. Excellent tools for industry and sector analysis. = Includes=20 market timing tools, but I ignore them. Allows easy exports to = Excel for=20 further autofiltering. Charting in daily and weekly mode. Can = chart not=20 only price/volume action but also any variables in the database. = Also has=20 comparison graphing features and an optional ProTrader module that = does=20 technical analysis scans. I've been using VV since early '98 and = believe=20 it is my most valuable investing tool. Extremely powerful program = with=20 many capabilities, but takes a while to "master." 5 week trial for = $9.95.=20 (If you happen to try it out, please tell them I sent you when you = do so,=20 as I get credit toward my monthly fees.) Monthly fees paid for = themselves=20 long ago in market returns.
 
Katherine
 

 
----- Original Message ----- =
From:=20 Bert=20 Pesak
To: canslim@lists.xmission.com= =20
Sent: Tuesday, January = 29, 2002=20 9:22 AM
Subject: [CANSLIM] = Katherine's=20 Lecture
=

------=_NextPart_000_018A_01C1A988.1A85B060-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Wong, Wing Keung (Exchange)" Subject: RE: [CANSLIM] Katherine's Lecture Date: 30 Jan 2002 12:15:13 -0500 Could I get a copy? > -----Original Message----- > From: Jerry Sparrow [SMTP:sparrowj@netpath.net] > Sent: Wednesday, January 30, 2002 12:18 PM > To: canslim@lists.xmission.com > Subject: Re: [CANSLIM] Katherine's Lecture > > I would greatly enjoy reading a copy as well... > > ----- Original Message ----- > From: Scott Gettis > To: canslim@lists.xmission.com > Sent: Tuesday, January 29, 2002 9:22 PM > Subject: RE: [CANSLIM] Katherine's Lecture > > can i get a copy too. > > -----Original Message----- > From: owner-canslim@lists.xmission.com > > [mailto:owner-canslim@lists.xmission.com]On Behalf Of Bert Pesak > Sent: Tuesday, January 29, 2002 3:54 PM > To: canslim@lists.xmission.com > > Subject: Re: [CANSLIM] Katherine's Lecture > > > Katherine, > Thanks for the replies. > I'm sure they will keep me busy for a few days. > Bert > > ----- Original Message ----- > From: Katherine Malm > To: canslim@lists.xmission.com > > Sent: Tuesday, January 29, 2002 5:12 PM > Subject: Re: [CANSLIM] Katherine's Lecture > > Hi Bert, > > >>Katherine, could you briefly explain some of the > differences between DGO & VectorVest.<< > > Let me just briefly summarize and then give you some > references to do further research: > > DailyGraphs Online > > Essentially a charting service. Shows all the > proprietary IBD/DGO data such as EPS, RS, SMR, A/D, Indus Group RS, etc. > Also shows the past fundamentals such as ROE, D/E, EPS actuals, Rev > actuals, growth in EPS & Revs, institutional ownership, cashflow, insider > ownership, etc. Shows links to the corporate site and charts are marked > for things such as insider selling/buying, significant highs/lows, > primary/secondary stock offerings, dividend distributions, splits, etc. > Contains various reports which can be downloaded to Excel for > autofiltering. For example, Stocks mentioned in today's IBD, list of > stocks in the printed chart books (about 2500 stocks), stocks with > increasing/decreasing A/D, etc. You can create custom stock lists and can > easily flip through charts by hitting the spacebar. If you have a fat pipe > internet connection, this is faster than flipping through a book. > *Definitely* faster than digging through the IBD for all this data. Charts > at investors.com are similar, but do not contain all the fundamental > goodies and reports that I mentioned. Charts ETFs but no indices or mutual > funds. Current version does not have industry charting. Beta version has a > snazzier stock screener, industry charts and components. 7 day trial for > $19.95. Service a bit pricey, but well worth it IMHO. > > VectorVest > > > 2 versions, either online or download/desktop. I > have the desktop version and prefer it. Has historical information about 6 > years back so allows for viewing historical relationships between > parameters. Has some proprietary components based on stock valuation > principles: Value, Relative Value, Relative Timing (price action, a > technical proxy), forward growth rate (excellent for CANSLIM investing), > Relative Safety (a volatility measure based on past price action and > fundamentals), etc. Excellent tools for stock mining such as trends, > strategies, deltas, portfolios. Excellent tools for industry and sector > analysis. Includes market timing tools, but I ignore them. Allows easy > exports to Excel for further autofiltering. Charting in daily and weekly > mode. Can chart not only price/volume action but also any variables in the > database. Also has comparison graphing features and an optional ProTrader > module that does technical analysis scans. I've been using VV since early > '98 and believe it is my most valuable investing tool. Extremely powerful > program with many capabilities, but takes a while to "master." 5 week > trial for $9.95. (If you happen to try it out, please tell them I sent you > when you do so, as I get credit toward my monthly fees.) Monthly fees paid > for themselves long ago in market returns. > > Katherine > > > > > ----- Original Message ----- > From: Bert Pesak > To: canslim@lists.xmission.com > > Sent: Tuesday, January 29, 2002 9:22 AM > Subject: [CANSLIM] Katherine's Lecture > > *********************************************************************** Bear Stearns is not responsible for any recommendation, solicitation, offer or agreement or any information about any transaction, customer account or account activity contained in this communication. *********************************************************************** - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: [CANSLIM] Katherine's "Lecture" Date: 30 Jan 2002 11:29:09 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_002F_01C1A981.558772E0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi all, I am delighted and overwhelmed with the many requests for copies of my = presentation to the Dallas Area VectorVest User's Group last Saturday. = Even more delighted to see some posts from names I've never seen before! I want to be sure that you all realize what that the presentation was = not on CANSLIM alone, but on my use of VectorVest in selecting CANSLIM = quality candidates and performing the first part of industry analysis on = them. This is really only a "slice of the pie" in terms of my total = CANSLIM investing discipline, so don't want to give the wrong impression = for those of you who may be expecting something more or something = different. Gene only gave me 3 hours to present. I probably could have = filled 3 weeks if he'd let me cover everything! So that it's clear what the notes cover, here are the objectives from = the presentation. And certainly, given the short amount of time, the = amount of detail given for each of these objectives limits the depth of = coverage: -Utilize a combination of VectorVest, DailyGraphs Online and the = Internet to select buy candidates utilizing the CANSLIM investing style. -Utilize a combination of VectorVest and DailyGraphs Online to time = purchases. -This presentation does not cover money management, trading psychology, = buy rules, sell rules or technical chart reading--all of which are = required under a successful CANSLIM investing system. -The system as described is not a mechanical system whereby the user = chooses the top ten stocks, buys them and then sells them based on a = single mechanical sell rule. Thanks, Katherine ------=_NextPart_000_002F_01C1A981.558772E0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Hi all,
 
I am delighted and overwhelmed with the many requests for copies of = my=20 presentation to the Dallas Area VectorVest User's Group last Saturday. = Even more=20 delighted to see some posts from names I've never seen before!
 
I want to be sure that you all realize what that the presentation = was not=20 on CANSLIM alone, but on my use of VectorVest in selecting CANSLIM = quality=20 candidates and performing the first part of industry analysis on them. = This is=20 really only a "slice of the pie" in terms of my total CANSLIM investing=20 discipline, so don't want to give the wrong impression for those of you = who may=20 be expecting something more or something different. Gene only gave me 3 = hours to=20 present. I probably could have filled 3 weeks if he'd let me cover=20 everything!
 
So that it's clear what the notes cover, here are the objectives = from the=20 presentation. And certainly, given the short amount of time, the amount = of=20 detail given for each of these objectives limits the depth of = coverage:

-Utilize a combination of VectorVest, DailyGraphs = Online and=20 the Internet to select buy candidates utilizing the CANSLIM investing = style.

-Utilize a combination of VectorVest and = DailyGraphs Online=20 to time purchases.

-This presentation = does not=20 cover money management, trading psychology, buy rules, sell=20 rules = or=20 technical chart reading--all of which are required under a successful = CANSLIM=20 investing system.

-The=20 system as=20 described=20 is not a mechanical system whereby the=20 user chooses the top ten stocks, buys=20 them=20 and=20 then sells them based on a single mechanical sell=20 rule.
 
Thanks,
Katherine
 
 
 
------=_NextPart_000_002F_01C1A981.558772E0-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] Candidate List: ETsPVWwSNC 1/29/02 Date: 30 Jan 2002 09:49:08 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_00BC_01C1A973.5CA78460 Content-Type: multipart/alternative; boundary="----=_NextPart_001_00BD_01C1A973.5CA78460" ------=_NextPart_001_00BD_01C1A973.5CA78460 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi Eric, Thanks for posting the results of your scans. I took a look at those you = sent yesterday to evaluate group strength. An interesting mix of weak = and strong groups. I think gaming and homebuilding have finished their = runs, but will have to see what happens. Think CTX will be one of the = last to fall in the group if/when it happens. Just a curiosity on today's list. I'm keen on watching long out of favor = groups and stocks begin to show strength, so I wouldn't be at all = surprised to see something like XRX show up. All fundamentals aside, I = took a look at the XRX chart and was wondering why it would have shown = up on your scan after a breakout rather than before. I suppose one could = take the trade as a continuation move if there were other confirming = factors, but am really just looking for your take as to why it would = show up "late." (See attached chart) Katherine PS and I thought "KMBR" was a crazy acronym! You take the cake with your = ETsPVWwSNC's!!! ----- Original Message -----=20 From: Tangen, Eric=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, January 30, 2002 9:32 AM Subject: [CANSLIM] Candidate List: ETsPVWwSNC 1/29/02 Hello All, After about 6 months of development, I've developed a breakout = scanning capability based entirely on statistics of price and volume. ETsPVWwSNC is a scan I've developed; it stands for ET's Price Volume = Winners with Serious Number Crunching. The only thing that is CANSLIM related to this methodology is that it = is looking for a breakout. No fundies, no cup and handles, little to no = chart pattern reading, no scan for % institutional sponsorship, etc.=20 I'm not going to divulge the details of my work - too much time and = effort went into this to give it away. And its still a work in progress. I've = got some serious backtesting I've got to code up for - I can't quote you a figure for the reliability of these breakouts. For now, I will share ticker symbols.=20 Here's yesterdays results: Tues - 01/29/02 ACE CDN EXPE ISSX ITW PSSI=20 TVLY USAI XRX (yes, the troubled document company made this scan - perhaps it = might qualify for the N in CANSLIM - new management (?).) I'm very sour on the market averages until this whole accounting mess = gets staightened up. Eric Tangen - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------=_NextPart_001_00BD_01C1A973.5CA78460 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Hi Eric,
 
Thanks for posting the results of your scans. I took a look at = those you=20 sent yesterday to evaluate group strength. An interesting mix of weak = and strong=20 groups. I think gaming and homebuilding have finished their runs, but = will have=20 to see what happens. Think CTX will be one of the last to fall in the = group=20 if/when it happens.
 
Just a curiosity on today's list. I'm keen on watching long out of = favor=20 groups and stocks begin to show strength, so I wouldn't be at all = surprised to=20 see something like XRX show up. All fundamentals aside, I took a look at = the XRX=20 chart and was wondering why it would have shown up on your scan after a = breakout=20 rather than before. I suppose one could take the trade as a continuation = move if=20 there were other confirming factors, but am really just looking for your = take as=20 to why it would show up "late." (See attached chart)
 
Katherine
 
PS and I thought "KMBR" was a crazy acronym! You take the cake with = your=20 ETsPVWwSNC's!!!
 
----- Original Message -----
From:=20 Tangen, Eric
Sent: Wednesday, January 30, = 2002 9:32=20 AM
Subject: [CANSLIM] Candidate = List:=20 ETsPVWwSNC 1/29/02

Hello All,

After about 6 months of development, = I've=20 developed a breakout scanning
capability based entirely on = statistics of=20 price and volume.

ETsPVWwSNC is a scan I've developed; it = stands for=20 ET's Price Volume Winners
with Serious Number Crunching.

The = only=20 thing that is CANSLIM related to this methodology is that it = is
looking for=20 a breakout. No fundies, no cup and handles, little to no = chart
pattern=20 reading, no scan for % institutional sponsorship, etc.

I'm not = going=20 to divulge the details of my work - too much time and effort
went = into this=20 to give it away. And its still a work in progress. I've got
some = serious=20 backtesting I've got to code up for - I can't quote you a
figure = for the=20 reliability of these breakouts.

For now, I will share ticker = symbols.=20

Here's yesterdays results:

Tues -=20 01/29/02

ACE
CDN
EXPE
ISSX
ITW
PSSI=20
TVLY
USAI
XRX (yes, the troubled document company made this = scan -=20 perhaps it might
qualify for the N in CANSLIM - new management=20 (?).)

I'm very sour on the market averages until this whole = accounting=20 mess gets
staightened up.

Eric=20 Tangen







-
-To subscribe/unsubscribe, = email=20 "majordomo@xmission.com"
-In= =20 the email body, write "subscribe canslim" or
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98H/AAo81fR/++D/AIUASUVH5q+j/wDfB/wo81fR/wDvg/4UASUVH5q+j/8AfB/wo81fR/8Avg/4 UASUVH5q+j/98H/CjzV9H/74P+FAElFR+avo/wD3wf8ACjzV9H/74P8AhQBJRUfmr6P/AN8H/Cjz V9H/AO+D/hQBJRUfmr6P/wB8H/CjzV9H/wC+D/hQBJRUfmr6P/3wf8KPNX0f/vg/4UASUVH5q+j/ APfB/wAKPNX0f/vg/wCFAElFR+avo/8A3wf8KPNX0f8A74P+FAElFR+avo//AHwf8KPNX0f/AL4P +FAElFR+avo//fB/wo81fR/++D/hQBJRUfmr6P8A98H/AAo81fR/++D/AIUASUVH5q+j/wDfB/wo 81fR/wDvg/4UASUVH5q+j/8AfB/wo81fR/8Avg/4UASUVH5q+j/98H/CjzV9H/74P+FAElFR+avo /wD3wf8ACjzV9H/74P8AhQBJRUfmr6P/AN8H/CjzV9H/AO+D/hQBJUcv3B/vL/MUeavo/wD3wf8A CkdwwAAbO4fwn1FAH//Z ------=_NextPart_000_00BC_01C1A973.5CA78460-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Spencer48@aol.com Subject: Re: [CANSLIM] Katherine's "Lecture" Date: 30 Jan 2002 14:28:05 EST Katherine: I know I'm asking late (but I didn't know what your lecure was about). Therefore, if it isn't incovenient, I also would like you to send me a copy of your lecture. I would like to see how you analyze stocks that you recommend. I'm especially interested in your "...-Utiliz[ing] a combination of VectorVest, DailyGraphs Online and the Internet to select buy candidates utilizing the CANSLIM investing style." I'm "especially interested" because I want to see what the extra benefit there is in using Vector-Vest (a program I had never heard of before you came on the scene) and DGO. Also, I'd like to see how you use the Internet to winnow down CANSLIM's universe of stocks. jans (jansi1aug1@aol.com) In a message dated 1/30/2002 12:31:26 PM Eastern Standard Time, kmalm@earthlink.net writes: << Hi all, I am delighted and overwhelmed with the many requests for copies of my presentation to the Dallas Area VectorVest User's Group last Saturday. Even more delighted to see some posts from names I've never seen before! I want to be sure that you all realize what that the presentation was not on CANSLIM alone, but on my use of VectorVest in selecting CANSLIM quality candidates and performing the first part of industry analysis on them. This is really only a "slice of the pie" in terms of my total CANSLIM investing discipline, so don't want to give the wrong impression for those of you who may be expecting something more or something different. Gene only gave me 3 hours to present. I probably could have filled 3 weeks if he'd let me cover everything! So that it's clear what the notes cover, here are the objectives from the presentation. And certainly, given the short amount of time, the amount of detail given for each of these objectives limits the depth of coverage: -Utilize a combination of VectorVest, DailyGraphs Online and the Internet to select buy candidates utilizing the CANSLIM investing style. -Utilize a combination of VectorVest and DailyGraphs Online to time purchases. -This presentation does not cover money management, trading psychology, buy rules, sell rules or technical chart reading--all of which are required under a successful CANSLIM investing system. -The system as described is not a mechanical system whereby the user chooses the top ten stocks, buys them and then sells them based on a single mechanical sell rule. >> - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "ds0781@miesto.sk" Subject: GLOBAL MARKET Date: 30 Jan 2002 12:51:00 -0700 <= /HEAD>
For Immediate Release

Cal-Bay (Stock Symbol: CBYI)
Watch for analyst =22Strong Buy Recommendations=22 and several advisory newsletters p= icking CBYI.   CBYI has filed to be traded on the NASDAQ OTCBB, share prices historically INCREASE when companies get listed on this larger trading ex= hange. CBYI is trading around =24.60=A2 and should skyrocket to =242.66 - =243.25 a share in the near future.   Put CBYI on your watch l= ist, acquire a postion TODAY.

REASONS TO INVEST IN CBYI

  • A profitable company, NO DEBT and is on track to beat ALL earnings estimates with increased revenue= of 50% annually=21
  • One of the FASTEST growing distributors in environmental & safety equipment instruments.
  • Excellent management team, several EXCLUSIVE contracts.  IMPRESSIVE client list including the U.S. A= ir Force, Anheuser-Busch, Chevron Refining and Mitsubishi Heavy Industries, GE-Energy & Environmental Research.

    RAPIDLY GROWING INDUSTRY 
    Industry revenues exceed =24900 million, estimates indicate that there could be as much as = =2425 billion from =22smell technology=22 by the end of 2003.

    = =

    =21=21=21=21 CONGRATULATIONS =21=21=21=21=21=
    To our subscribers that took advantage of our last recommendation to buy NXLC. = It rallied from =247.87 to =2411.73=21      

    = =

    Unsubscribe HERE

    •  

     

     

     

     

     

     

     

     

     

    Certain statements contained in this news release may be forward-looking statements within the meaning of The Private Securities= Litigation Reform Act of 1995. These statements may be identified by such terms as =22expect=22= , =22believe=22, =22may=22, =22will=22, and =22intend=22 or similar terms. We are= NOT a registered investment advisor or a broker dealer. This is NOT an offer to buy or sell securities. No recommendation that the securities of the companies prof= iled should be purchased, sold or held by individuals or entities that learn of the pr= ofiled companies. We were paid =2427,000 in cash by a third party to publish this report. Investing in companies profiled is high-risk and use of this in= formation is for reading purposes only. If anyone decides to act as an investor, then it= will be that investor's sole risk. Investors are advised NOT to invest witho= ut the proper advisement from an attorney or a registered financial broker. Do= not rely solely on the information presented, do additional independent res= earch to form your own opinion and decision regarding investing in the profiled = companies. Be advised that the purchase of such high-risk securities may result in= the loss of your entire investment. The owners of this publication may already own free trading shares in CBYI and may im= mediately sell all or a portion of these shares into the open market at or about = the time this report is published.  Factual statements are made as of the d= ate stated and are subject to change without notice.  Not intended for= recipients or residents of CA,CO,CT,DE,ID, IL,IA,LA,MO,NV,NC,OK,OH,PA,RI,TN,VA,WA,WV,WI. Void where prohibited. Copyright c 2001

    ******* ------------------------------------------------------------------------------- From: hirji@worldnet.att.net Subject: Re: [CANSLIM] Katherine's "Lecture" Date: 30 Jan 2002 12:41:25 -0800 If it is not asking too much, I would appreciate receiving a copy of your presentation. Thank You. Hirji At 11:29 AM 1/30/02 -0600, you wrote: >Hi all, > >I am delighted and overwhelmed with the many requests for copies of my >presentation to the Dallas Area VectorVest User's Group last Saturday. >Even more delighted to see some posts from names I've never seen before! > >I want to be sure that you all realize what that the presentation was not >on CANSLIM alone, but on my use of VectorVest in selecting CANSLIM quality >candidates and performing the first part of industry analysis on them. >This is really only a "slice of the pie" in terms of my total CANSLIM >investing discipline, so don't want to give the wrong impression for those >of you who may be expecting something more or something different. Gene >only gave me 3 hours to present. I probably could have filled 3 weeks if >he'd let me cover everything! > >So that it's clear what the notes cover, here are the objectives from the >presentation. And certainly, given the short amount of time, the amount of >detail given for each of these objectives limits the depth of coverage: > >-Utilize a combination of VectorVest, DailyGraphs Online and the Internet >to select buy candidates utilizing the CANSLIM investing style. > >-Utilize a combination of VectorVest and DailyGraphs Online to time purchases. > >-This presentation does not cover money management, trading psychology, >buy rules, sell rules or technical chart reading--all of which are >required under a successful CANSLIM investing system.prefix = o ns = "urn:schemas-microsoft-com:office:office" /> >-The system as described is not a mechanical system whereby the user >chooses the top ten stocks, buys them and then sells them based on a >single mechanical sell rule. > >Thanks, >Katherine > > > - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Ray Bunting" Subject: RE: [CANSLIM] Katherine's "Lecture" Date: 30 Jan 2002 15:43:29 -0600 Katherine, I would also like to recieve copy. Hope this is not to much work for you. Thanks, Ray Bunting -----Original Message----- [mailto:owner-canslim@lists.xmission.com]On Behalf Of Spencer48@aol.com Sent: Wednesday, January 30, 2002 1:28 PM Katherine: I know I'm asking late (but I didn't know what your lecure was about). Therefore, if it isn't incovenient, I also would like you to send me a copy of your lecture. I would like to see how you analyze stocks that you recommend. I'm especially interested in your "...-Utiliz[ing] a combination of VectorVest, DailyGraphs Online and the Internet to select buy candidates utilizing the CANSLIM investing style." I'm "especially interested" because I want to see what the extra benefit there is in using Vector-Vest (a program I had never heard of before you came on the scene) and DGO. Also, I'd like to see how you use the Internet to winnow down CANSLIM's universe of stocks. jans (jansi1aug1@aol.com) In a message dated 1/30/2002 12:31:26 PM Eastern Standard Time, kmalm@earthlink.net writes: << Hi all, I am delighted and overwhelmed with the many requests for copies of my presentation to the Dallas Area VectorVest User's Group last Saturday. Even more delighted to see some posts from names I've never seen before! I want to be sure that you all realize what that the presentation was not on CANSLIM alone, but on my use of VectorVest in selecting CANSLIM quality candidates and performing the first part of industry analysis on them. This is really only a "slice of the pie" in terms of my total CANSLIM investing discipline, so don't want to give the wrong impression for those of you who may be expecting something more or something different. Gene only gave me 3 hours to present. I probably could have filled 3 weeks if he'd let me cover everything! So that it's clear what the notes cover, here are the objectives from the presentation. And certainly, given the short amount of time, the amount of detail given for each of these objectives limits the depth of coverage: -Utilize a combination of VectorVest, DailyGraphs Online and the Internet to select buy candidates utilizing the CANSLIM investing style. -Utilize a combination of VectorVest and DailyGraphs Online to time purchases. -This presentation does not cover money management, trading psychology, buy rules, sell rules or technical chart reading--all of which are required under a successful CANSLIM investing system. -The system as described is not a mechanical system whereby the user chooses the top ten stocks, buys them and then sells them based on a single mechanical sell rule. >> - -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. ------------------------------------------------------------------------------- From: "ds0781@miesto.sk" Subject: GLOBAL MARKET Date: 31 Jan 2002 02:41:00 -0700 <= /HEAD>
    For Immediate Release

    Cal-Bay (Stock Symbol: CBYI)
    Watch for analyst =22Strong Buy Recommendations=22 and several advisory newsletters p= icking CBYI.   CBYI has filed to be traded on the NASDAQ OTCBB, share prices historically INCREASE when companies get listed on this larger trading ex= hange. CBYI is trading around =24.60=A2 and should skyrocket to =242.66 - =243.25 a share in the near future.   Put CBYI on your watch l= ist, acquire a postion TODAY.

    REASONS TO INVEST IN CBYI

  • A profitable company, NO DEBT and is on track to beat ALL earnings estimates with increased revenue= of 50% annually=21
  • One of the FASTEST growing distributors in environmental & safety equipment instruments.
  • Excellent management team, several EXCLUSIVE contracts.  IMPRESSIVE client list including the U.S. A= ir Force, Anheuser-Busch, Chevron Refining and Mitsubishi Heavy Industries, GE-Energy & Environmental Research.

    RAPIDLY GROWING INDUSTRY 
    Industry revenues exceed =24900 million, estimates indicate that there could be as much as = =2425 billion from =22smell technology=22 by the end of 2003.

    = =

    =21=21=21=21 CONGRATULATIONS =21=21=21=21=21=
    To our subscribers that took advantage of our last recommendation to buy NXLC. = It rallied from =247.87 to =2411.73=21      

    = =

    Unsubscribe HERE

    •  

     

     

     

     

     

     

     

     

     

    Certain statements contained in this news release may be forward-looking statements within the meaning of The Private Securities= Litigation Reform Act of 1995. These statements may be identified by such terms as =22expect=22= , =22believe=22, =22may=22, =22will=22, and =22intend=22 or similar terms. We are= NOT a registered investment advisor or a broker dealer. This is NOT an offer to buy or sell securities. No recommendation that the securities of the companies prof= iled should be purchased, sold or held by individuals or entities that learn of the pr= ofiled companies. We were paid =2427,000 in cash by a third party to publish this report. Investing in companies profiled is high-risk and use of this in= formation is for reading purposes only. If anyone decides to act as an investor, then it= will be that investor's sole risk. Investors are advised NOT to invest witho= ut the proper advisement from an attorney or a registered financial broker. Do= not rely solely on the information presented, do additional independent res= earch to form your own opinion and decision regarding investing in the profiled = companies. Be advised that the purchase of such high-risk securities may result in= the loss of your entire investment. The owners of this publication may already own free trading shares in CBYI and may im= mediately sell all or a portion of these shares into the open market at or about = the time this report is published.  Factual statements are made as of the d= ate stated and are subject to change without notice.  Not intended for= recipients or residents of CA,CO,CT,DE,ID, IL,IA,LA,MO,NV,NC,OK,OH,PA,RI,TN,VA,WA,WV,WI. Void where prohibited. Copyright c 2001

    ******* ------------------------------------------------------------------------------- From: "Francois Martin" Subject: Re: [CANSLIM] Katherine's Lecture Date: 31 Jan 2002 09:04:55 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_0029_01C1AA36.599E7F80 Content-Type: text/plain; charset="Windows-1252" Content-Transfer-Encoding: quoted-printable ME TOO i want a Katherine lecture, =20 thanks, Francois ----- Original Message -----=20 From: Jerry Sparrow=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, January 30, 2002 12:17 PM Subject: Re: [CANSLIM] Katherine's Lecture I would greatly enjoy reading a copy as well... ----- Original Message -----=20 From: Scott Gettis=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, January 29, 2002 9:22 PM Subject: RE: [CANSLIM] Katherine's Lecture can i get a copy too. -----Original Message----- From: owner-canslim@lists.xmission.com = [mailto:owner-canslim@lists.xmission.com]On Behalf Of Bert Pesak Sent: Tuesday, January 29, 2002 3:54 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] Katherine's Lecture Katherine, Thanks for the replies. I'm sure they will keep me busy for a few days. Bert ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, January 29, 2002 5:12 PM Subject: Re: [CANSLIM] Katherine's Lecture Hi Bert, >>Katherine, could you briefly explain some of the differences = between DGO & VectorVest.<< Let me just briefly summarize and then give you some references = to do further research: DailyGraphs Online http://www.dailygraphs.com/Tour/tourhome.htm Essentially a charting service. Shows all the proprietary = IBD/DGO data such as EPS, RS, SMR, A/D, Indus Group RS, etc. Also shows = the past fundamentals such as ROE, D/E, EPS actuals, Rev actuals, growth = in EPS & Revs, institutional ownership, cashflow, insider ownership, = etc. Shows links to the corporate site and charts are marked for things = such as insider selling/buying, significant highs/lows, = primary/secondary stock offerings, dividend distributions, splits, etc. = Contains various reports which can be downloaded to Excel for = autofiltering. For example, Stocks mentioned in today's IBD, list of = stocks in the printed chart books (about 2500 stocks), stocks with = increasing/decreasing A/D, etc. You can create custom stock lists and = can easily flip through charts by hitting the spacebar. If you have a = fat pipe internet connection, this is faster than flipping through a = book. *Definitely* faster than digging through the IBD for all this = data. Charts at investors.com are similar, but do not contain all the = fundamental goodies and reports that I mentioned. Charts ETFs but no = indices or mutual funds. Current version does not have industry = charting. Beta version has a snazzier stock screener, industry charts = and components. 7 day trial for $19.95. Service a bit pricey, but well = worth it IMHO. VectorVest http://www.vectorvest.com/stockreport/po.phtml 2 versions, either online or download/desktop. I have the = desktop version and prefer it. Has historical information about 6 years = back so allows for viewing historical relationships between parameters. = Has some proprietary components based on stock valuation principles: = Value, Relative Value, Relative Timing (price action, a technical = proxy), forward growth rate (excellent for CANSLIM investing), Relative = Safety (a volatility measure based on past price action and = fundamentals), etc. Excellent tools for stock mining such as trends, = strategies, deltas, portfolios. Excellent tools for industry and sector = analysis. Includes market timing tools, but I ignore them. Allows easy = exports to Excel for further autofiltering. Charting in daily and weekly = mode. Can chart not only price/volume action but also any variables in = the database. Also has comparison graphing features and an optional = ProTrader module that does technical analysis scans. I've been using VV = since early '98 and believe it is my most valuable investing tool. = Extremely powerful program with many capabilities, but takes a while to = "master." 5 week trial for $9.95. (If you happen to try it out, please = tell them I sent you when you do so, as I get credit toward my monthly = fees.) Monthly fees paid for themselves long ago in market returns. Katherine =20 ----- Original Message -----=20 From: Bert Pesak=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, January 29, 2002 9:22 AM Subject: [CANSLIM] Katherine's Lecture ------=_NextPart_000_0029_01C1AA36.599E7F80 Content-Type: text/html; charset="Windows-1252" Content-Transfer-Encoding: quoted-printable
    ME TOO i want a Katherine = lecture, =20
     
    thanks,
     
    Francois
    ----- Original Message -----
    From:=20 Jerry=20 Sparrow
    To: canslim@lists.xmission.com =
    Sent: Wednesday, January 30, = 2002 12:17=20 PM
    Subject: Re: [CANSLIM] = Katherine's=20 Lecture

    I would greatly enjoy reading a copy = as=20 well...
    ----- Original Message -----
    From:=20 Scott = Gettis=20
    To: canslim@lists.xmission.com =
    Sent: Tuesday, January 29, = 2002 9:22=20 PM
    Subject: RE: [CANSLIM] = Katherine's=20 Lecture

    can i get a copy too.
    -----Original Message-----
    From: owner-canslim@lists.xmis= sion.com=20 [mailto:owner-canslim@lis= ts.xmission.com]On=20 Behalf Of Bert Pesak
    Sent: Tuesday, January 29, 2002 = 3:54=20 PM
    To: canslim@lists.xmission.com=
    Subject:=20 Re: [CANSLIM] Katherine's Lecture

    Katherine,
    Thanks for the replies.
    I'm sure they will keep me busy for a few=20 days.
    Bert
    ----- Original Message ----- =
    From:=20 Katherine=20 Malm
    To: canslim@lists.xmission.com
    Sent: Tuesday, January = 29, 2002=20 5:12 PM
    Subject: Re: [CANSLIM] = Katherine's=20 Lecture

    Hi Bert,
     
    >>Katherine, could you briefly explain some of the=20 differences between DGO & VectorVest.<<
     
    Let me just briefly summarize and then give you some = references to=20 do further research:
     
    DailyGraphs Online http://www.dailygra= phs.com/Tour/tourhome.htm
     Essentially a charting service. Shows all the = proprietary=20 IBD/DGO data such as EPS, RS, SMR, A/D, Indus Group RS, etc. = Also shows=20 the past fundamentals such as ROE, D/E, EPS actuals, Rev = actuals, growth=20 in EPS & Revs, institutional ownership, cashflow, insider = ownership,=20 etc. Shows links to the corporate site and charts are marked for = things=20 such as insider selling/buying, significant highs/lows,=20 primary/secondary stock offerings, dividend distributions, = splits, etc.=20 Contains various reports which can be downloaded to Excel for=20 autofiltering. For example, Stocks mentioned in today's IBD, = list of=20 stocks in the printed chart books (about 2500 stocks), stocks = with=20 increasing/decreasing A/D, etc. You can create custom stock = lists and=20 can easily flip through charts by hitting the spacebar. If you = have a=20 fat pipe internet connection, this is faster than flipping = through a=20 book. *Definitely* faster than digging through the IBD for all = this=20 data. Charts at investors.com are similar, but do not contain = all the=20 fundamental goodies and reports that I mentioned. Charts ETFs = but no=20 indices or mutual funds. Current version does not have industry=20 charting. Beta version has a snazzier stock screener, industry = charts=20 and components. 7 day trial for $19.95. Service a bit pricey, = but well=20 worth it IMHO.
     
    VectorVest http://www.vector= vest.com/stockreport/po.phtml
    2 versions, either online or download/desktop. I have the = desktop=20 version and prefer it. Has historical information about 6 years = back so=20 allows for viewing historical relationships between parameters. = Has some=20 proprietary components based on stock valuation principles: = Value,=20 Relative Value, Relative Timing (price action, a technical = proxy),=20 forward growth rate (excellent for CANSLIM investing), Relative = Safety=20 (a volatility measure based on past price action and = fundamentals), etc.=20 Excellent tools for stock mining such as trends, strategies, = deltas,=20 portfolios. Excellent tools for industry and sector analysis. = Includes=20 market timing tools, but I ignore them. Allows easy exports to = Excel for=20 further autofiltering. Charting in daily and weekly mode. Can = chart not=20 only price/volume action but also any variables in the database. = Also=20 has comparison graphing features and an optional ProTrader = module that=20 does technical analysis scans. I've been using VV since early = '98 and=20 believe it is my most valuable investing tool. Extremely = powerful=20 program with many capabilities, but takes a while to "master." 5 = week=20 trial for $9.95. (If you happen to try it out, please tell them = I sent=20 you when you do so, as I get credit toward my monthly fees.) = Monthly=20 fees paid for themselves long ago in market returns.
     
    Katherine
     

     
    ----- Original Message ----- =
    From:=20 Bert=20 Pesak
    To: canslim@lists.xmission.com
    Sent: Tuesday, January = 29, 2002=20 9:22 AM
    Subject: [CANSLIM] = Katherine's=20 Lecture
    =

    ------=_NextPart_000_0029_01C1AA36.599E7F80-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] Katherine's Lecture Date: 31 Jan 2002 08:12:49 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_0039_01C1AA2F.126CF580 Content-Type: text/plain; charset="Windows-1252" Content-Transfer-Encoding: quoted-printable Hi all, Thanks again for your interest. So that we can prevent filling = everybody's in box in the future....if you are interested in receiving a = copy, please contact me directly at kmalm@earthlink.net. My apologies to = the list, as I never expected the requests! Thanks, Katherine ----- Original Message -----=20 From: Francois Martin=20 To: canslim@lists.xmission.com=20 Sent: Thursday, January 31, 2002 8:04 AM Subject: Re: [CANSLIM] Katherine's Lecture ME TOO i want a Katherine lecture, =20 thanks, Francois ----- Original Message -----=20 From: Jerry Sparrow=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, January 30, 2002 12:17 PM Subject: Re: [CANSLIM] Katherine's Lecture I would greatly enjoy reading a copy as well... ----- Original Message -----=20 From: Scott Gettis=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, January 29, 2002 9:22 PM Subject: RE: [CANSLIM] Katherine's Lecture can i get a copy too. -----Original Message----- From: owner-canslim@lists.xmission.com = [mailto:owner-canslim@lists.xmission.com]On Behalf Of Bert Pesak Sent: Tuesday, January 29, 2002 3:54 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] Katherine's Lecture Katherine, Thanks for the replies. I'm sure they will keep me busy for a few days. Bert ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, January 29, 2002 5:12 PM Subject: Re: [CANSLIM] Katherine's Lecture Hi Bert, >>Katherine, could you briefly explain some of the differences = between DGO & VectorVest.<< Let me just briefly summarize and then give you some = references to do further research: DailyGraphs Online = http://www.dailygraphs.com/Tour/tourhome.htm Essentially a charting service. Shows all the proprietary = IBD/DGO data such as EPS, RS, SMR, A/D, Indus Group RS, etc. Also shows = the past fundamentals such as ROE, D/E, EPS actuals, Rev actuals, growth = in EPS & Revs, institutional ownership, cashflow, insider ownership, = etc. Shows links to the corporate site and charts are marked for things = such as insider selling/buying, significant highs/lows, = primary/secondary stock offerings, dividend distributions, splits, etc. = Contains various reports which can be downloaded to Excel for = autofiltering. For example, Stocks mentioned in today's IBD, list of = stocks in the printed chart books (about 2500 stocks), stocks with = increasing/decreasing A/D, etc. You can create custom stock lists and = can easily flip through charts by hitting the spacebar. If you have a = fat pipe internet connection, this is faster than flipping through a = book. *Definitely* faster than digging through the IBD for all this = data. Charts at investors.com are similar, but do not contain all the = fundamental goodies and reports that I mentioned. Charts ETFs but no = indices or mutual funds. Current version does not have industry = charting. Beta version has a snazzier stock screener, industry charts = and components. 7 day trial for $19.95. Service a bit pricey, but well = worth it IMHO. VectorVest http://www.vectorvest.com/stockreport/po.phtml 2 versions, either online or download/desktop. I have the = desktop version and prefer it. Has historical information about 6 years = back so allows for viewing historical relationships between parameters. = Has some proprietary components based on stock valuation principles: = Value, Relative Value, Relative Timing (price action, a technical = proxy), forward growth rate (excellent for CANSLIM investing), Relative = Safety (a volatility measure based on past price action and = fundamentals), etc. Excellent tools for stock mining such as trends, = strategies, deltas, portfolios. Excellent tools for industry and sector = analysis. Includes market timing tools, but I ignore them. Allows easy = exports to Excel for further autofiltering. Charting in daily and weekly = mode. Can chart not only price/volume action but also any variables in = the database. Also has comparison graphing features and an optional = ProTrader module that does technical analysis scans. I've been using VV = since early '98 and believe it is my most valuable investing tool. = Extremely powerful program with many capabilities, but takes a while to = "master." 5 week trial for $9.95. (If you happen to try it out, please = tell them I sent you when you do so, as I get credit toward my monthly = fees.) Monthly fees paid for themselves long ago in market returns. Katherine =20 ----- Original Message -----=20 From: Bert Pesak=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, January 29, 2002 9:22 AM Subject: [CANSLIM] Katherine's Lecture ------=_NextPart_000_0039_01C1AA2F.126CF580 Content-Type: text/html; charset="Windows-1252" Content-Transfer-Encoding: quoted-printable
    Hi all,
     
    Thanks again for your interest. So that we can prevent filling = everybody's=20 in box in the future....if you are interested in receiving a copy, = please=20 contact me directly at kmalm@earthlink.net. My = apologies to the=20 list, as I never expected the requests!
     
    Thanks,
    Katherine
    ----- Original Message -----
    From:=20 Francois Martin
    Sent: Thursday, January 31, = 2002 8:04=20 AM
    Subject: Re: [CANSLIM] = Katherine's=20 Lecture

    ME TOO i want a Katherine = lecture, =20
     
    thanks,
     
    Francois
    ----- Original Message -----
    From:=20 Jerry=20 Sparrow
    Sent: Wednesday, January 30, = 2002 12:17=20 PM
    Subject: Re: [CANSLIM] = Katherine's=20 Lecture

    I would greatly enjoy reading a = copy as=20 well...
    ----- Original Message ----- =
    From:=20 Scott = Gettis=20
    To: canslim@lists.xmission.com= =20
    Sent: Tuesday, January 29, = 2002 9:22=20 PM
    Subject: RE: [CANSLIM] = Katherine's=20 Lecture

    can i get a copy too.
    -----Original Message-----
    From: owner-canslim@lists.xmis= sion.com=20 [mailto:owner-canslim@lis= ts.xmission.com]On=20 Behalf Of Bert Pesak
    Sent: Tuesday, January 29, = 2002 3:54=20 PM
    To: canslim@lists.xmission.com=
    Subject:=20 Re: [CANSLIM] Katherine's Lecture

    Katherine,
    Thanks for the replies.
    I'm sure they will keep me busy for a few=20 days.
    Bert
    ----- Original Message ----- =
    From:=20 Katherine Malm
    To: canslim@lists.xmission.com= =20
    Sent: Tuesday, January = 29, 2002=20 5:12 PM
    Subject: Re: [CANSLIM]=20 Katherine's Lecture

    Hi Bert,
     
    >>Katherine, could you briefly explain some of the=20 differences between DGO & VectorVest.<<
     
    Let me just briefly summarize and then give you some = references=20 to do further research:
     
    DailyGraphs Online http://www.dailygra= phs.com/Tour/tourhome.htm
     Essentially a charting service. Shows all the = proprietary=20 IBD/DGO data such as EPS, RS, SMR, A/D, Indus Group RS, etc. = Also=20 shows the past fundamentals such as ROE, D/E, EPS actuals, Rev = actuals, growth in EPS & Revs, institutional ownership, = cashflow,=20 insider ownership, etc. Shows links to the corporate site and = charts=20 are marked for things such as insider selling/buying, = significant=20 highs/lows, primary/secondary stock offerings, dividend = distributions,=20 splits, etc. Contains various reports which can be downloaded = to Excel=20 for autofiltering. For example, Stocks mentioned in today's = IBD, list=20 of stocks in the printed chart books (about 2500 stocks), = stocks with=20 increasing/decreasing A/D, etc. You can create custom stock = lists and=20 can easily flip through charts by hitting the spacebar. If you = have a=20 fat pipe internet connection, this is faster than flipping = through a=20 book. *Definitely* faster than digging through the IBD for all = this=20 data. Charts at investors.com are similar, but do not contain = all the=20 fundamental goodies and reports that I mentioned. Charts ETFs = but no=20 indices or mutual funds. Current version does not have = industry=20 charting. Beta version has a snazzier stock screener, industry = charts=20 and components. 7 day trial for $19.95. Service a bit pricey, = but well=20 worth it IMHO.
     
    VectorVest http://www.vector= vest.com/stockreport/po.phtml
    2 versions, either online or download/desktop. I have the = desktop=20 version and prefer it. Has historical information about 6 = years back=20 so allows for viewing historical relationships between = parameters. Has=20 some proprietary components based on stock valuation = principles:=20 Value, Relative Value, Relative Timing (price action, a = technical=20 proxy), forward growth rate (excellent for CANSLIM investing), = Relative Safety (a volatility measure based on past price = action and=20 fundamentals), etc. Excellent tools for stock mining such as = trends,=20 strategies, deltas, portfolios. Excellent tools for industry = and=20 sector analysis. Includes market timing tools, but I ignore = them.=20 Allows easy exports to Excel for further autofiltering. = Charting in=20 daily and weekly mode. Can chart not only price/volume action = but also=20 any variables in the database. Also has comparison graphing = features=20 and an optional ProTrader module that does technical analysis = scans.=20 I've been using VV since early '98 and believe it is my most = valuable=20 investing tool. Extremely powerful program with many = capabilities, but=20 takes a while to "master." 5 week trial for $9.95. (If you = happen to=20 try it out, please tell them I sent you when you do so, as I = get=20 credit toward my monthly fees.) Monthly fees paid for = themselves long=20 ago in market returns.
     
    Katherine
     

     
    ----- Original Message ----- =
    From:=20 Bert=20 Pesak
    To: canslim@lists.xmission.com= =20
    Sent: Tuesday, = January 29, 2002=20 9:22 AM
    Subject: [CANSLIM] = Katherine's=20 Lecture
    =

    ------=_NextPart_000_0039_01C1AA2F.126CF580-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tangen, Eric" Subject: [CANSLIM] Candidate List: ETsPVWwSNC 1/30/02 Date: 31 Jan 2002 09:33:26 -0500 Hello All, After about 6 months of development, I've developed a breakout scanning capability based entirely on statistics of price and volume. ETsPVWwSNC is a scan I've developed; it stands for ET's Price Volume Winners with Serious Number Crunching. The only thing that is CANSLIM related to this methodology is that it is looking for a breakout. No fundies, no cup and handles, little to no chart pattern reading, no scan for % institutional sponsorship, etc. I'm not going to divulge the details of my work - too much time and effort went into this to give it away. And its still a work in progress. I've got some serious backtesting I've got to code up for - I can't quote you a figure for the reliability of these breakouts. For now, I will share ticker symbols. Here's yesterdays results: Wed - 01/30/02 AVP CECO CTLM EFDS LLTC PLCM Eric Tangen - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Steve F Subject: [CANSLIM] Oskosh B'gosh gosha Date: 31 Jan 2002 06:44:58 -0800 (PST) I could use some help interpreting the DGO graph for this stock. RS - 91 EPS - 89 Growth Rate 37% These numbers do not seem to correspond to the 'not so great' quarterly growth numbers on the bottom of the graph. Also, looking at the company profile on Yahoo shows almost no debt but the DGO datablock shows 76 %. Note the return on Equity 68%, and return on assets 21% listed on Yahoo profile. Comments appreciated. Steve __________________________________________________ Do You Yahoo!? Great stuff seeking new owners in Yahoo! Auctions! http://auctions.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. ------------------------------------------------------------------------------- From: "Jerry Sparrow" Subject: Re: [CANSLIM] Katherine's Lecture Date: 31 Jan 2002 10:21:57 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_0024_01C1AA41.1CCBD0C0 Content-Type: text/plain; charset="Windows-1252" Content-Transfer-Encoding: quoted-printable Gene Ricci sent me your presentation. Man it was really great. I'm = still trying to digest it all but it is clear that you spent a lot of = time putting together a professional presentation. I'm not sure of your = background but you should really think about teaching. I only wish that = I lived close enough to get the personal attention. Maybe if I could = talk both you and Tom into moving to NC... --- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Thursday, January 31, 2002 9:12 AM Subject: Re: [CANSLIM] Katherine's Lecture Hi all, Thanks again for your interest. So that we can prevent filling = everybody's in box in the future....if you are interested in receiving a = copy, please contact me directly at kmalm@earthlink.net. My apologies to = the list, as I never expected the requests! Thanks, Katherine ----- Original Message -----=20 From: Francois Martin=20 To: canslim@lists.xmission.com=20 Sent: Thursday, January 31, 2002 8:04 AM Subject: Re: [CANSLIM] Katherine's Lecture ME TOO i want a Katherine lecture, =20 thanks, Francois ----- Original Message -----=20 From: Jerry Sparrow=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, January 30, 2002 12:17 PM Subject: Re: [CANSLIM] Katherine's Lecture I would greatly enjoy reading a copy as well... ----- Original Message -----=20 From: Scott Gettis=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, January 29, 2002 9:22 PM Subject: RE: [CANSLIM] Katherine's Lecture can i get a copy too. -----Original Message----- From: owner-canslim@lists.xmission.com = [mailto:owner-canslim@lists.xmission.com]On Behalf Of Bert Pesak Sent: Tuesday, January 29, 2002 3:54 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] Katherine's Lecture Katherine, Thanks for the replies. I'm sure they will keep me busy for a few days. Bert ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, January 29, 2002 5:12 PM Subject: Re: [CANSLIM] Katherine's Lecture Hi Bert, >>Katherine, could you briefly explain some of the = differences between DGO & VectorVest.<< Let me just briefly summarize and then give you some = references to do further research: DailyGraphs Online = http://www.dailygraphs.com/Tour/tourhome.htm Essentially a charting service. Shows all the proprietary = IBD/DGO data such as EPS, RS, SMR, A/D, Indus Group RS, etc. Also shows = the past fundamentals such as ROE, D/E, EPS actuals, Rev actuals, growth = in EPS & Revs, institutional ownership, cashflow, insider ownership, = etc. Shows links to the corporate site and charts are marked for things = such as insider selling/buying, significant highs/lows, = primary/secondary stock offerings, dividend distributions, splits, etc. = Contains various reports which can be downloaded to Excel for = autofiltering. For example, Stocks mentioned in today's IBD, list of = stocks in the printed chart books (about 2500 stocks), stocks with = increasing/decreasing A/D, etc. You can create custom stock lists and = can easily flip through charts by hitting the spacebar. If you have a = fat pipe internet connection, this is faster than flipping through a = book. *Definitely* faster than digging through the IBD for all this = data. Charts at investors.com are similar, but do not contain all the = fundamental goodies and reports that I mentioned. Charts ETFs but no = indices or mutual funds. Current version does not have industry = charting. Beta version has a snazzier stock screener, industry charts = and components. 7 day trial for $19.95. Service a bit pricey, but well = worth it IMHO. VectorVest http://www.vectorvest.com/stockreport/po.phtml 2 versions, either online or download/desktop. I have the = desktop version and prefer it. Has historical information about 6 years = back so allows for viewing historical relationships between parameters. = Has some proprietary components based on stock valuation principles: = Value, Relative Value, Relative Timing (price action, a technical = proxy), forward growth rate (excellent for CANSLIM investing), Relative = Safety (a volatility measure based on past price action and = fundamentals), etc. Excellent tools for stock mining such as trends, = strategies, deltas, portfolios. Excellent tools for industry and sector = analysis. Includes market timing tools, but I ignore them. Allows easy = exports to Excel for further autofiltering. Charting in daily and weekly = mode. Can chart not only price/volume action but also any variables in = the database. Also has comparison graphing features and an optional = ProTrader module that does technical analysis scans. I've been using VV = since early '98 and believe it is my most valuable investing tool. = Extremely powerful program with many capabilities, but takes a while to = "master." 5 week trial for $9.95. (If you happen to try it out, please = tell them I sent you when you do so, as I get credit toward my monthly = fees.) Monthly fees paid for themselves long ago in market returns. Katherine =20 ----- Original Message -----=20 From: Bert Pesak=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, January 29, 2002 9:22 AM Subject: [CANSLIM] Katherine's Lecture ------=_NextPart_000_0024_01C1AA41.1CCBD0C0 Content-Type: text/html; charset="Windows-1252" Content-Transfer-Encoding: quoted-printable
    Gene Ricci sent me your = presentation.  Man it=20 was really great.  I'm still trying to digest it all but it is = clear that=20 you spent a lot of time putting together a professional = presentation.  I'm=20 not sure of your background but you should really think about = teaching.  I=20 only wish that I lived close enough to get the personal attention.  = Maybe=20 if I could talk both you and Tom into moving to NC...
     
    --- Original Message -----
    From:=20 Katherine=20 Malm
    Sent: Thursday, January 31, = 2002 9:12=20 AM
    Subject: Re: [CANSLIM] = Katherine's=20 Lecture

    Hi all,
     
    Thanks again for your interest. So that we can prevent filling=20 everybody's in box in the future....if you are interested in receiving = a copy,=20 please contact me directly at kmalm@earthlink.net. My = apologies to the=20 list, as I never expected the requests!
     
    Thanks,
    Katherine
    ----- Original Message -----
    From:=20 Francois Martin
    Sent: Thursday, January 31, = 2002 8:04=20 AM
    Subject: Re: [CANSLIM] = Katherine's=20 Lecture

    ME TOO i want a Katherine = lecture, =20
     
    thanks,
     
    Francois
    ----- Original Message ----- =
    From:=20 Jerry=20 Sparrow
    To: canslim@lists.xmission.com= =20
    Sent: Wednesday, January = 30, 2002=20 12:17 PM
    Subject: Re: [CANSLIM] = Katherine's=20 Lecture

    I would greatly enjoy reading a = copy as=20 well...
    ----- Original Message ----- =
    From:=20 Scott=20 Gettis
    To: canslim@lists.xmission.com= =20
    Sent: Tuesday, January = 29, 2002=20 9:22 PM
    Subject: RE: [CANSLIM] = Katherine's=20 Lecture

    can i get a copy too.
    -----Original Message-----
    From: owner-canslim@lists.xmis= sion.com=20 [mailto:owner-canslim@lis= ts.xmission.com]On=20 Behalf Of Bert Pesak
    Sent: Tuesday, January 29, = 2002=20 3:54 PM
    To: canslim@lists.xmission.com=
    Subject:=20 Re: [CANSLIM] Katherine's Lecture

    Katherine,
    Thanks for the replies.
    I'm sure they will keep me busy for a few=20 days.
    Bert
    ----- Original Message ----- =
    From:=20 Katherine Malm =
    To: canslim@lists.xmission.com= =20
    Sent: Tuesday, = January 29, 2002=20 5:12 PM
    Subject: Re: = [CANSLIM]=20 Katherine's Lecture

    Hi Bert,
     
    >>Katherine, could you briefly explain some of = the=20 differences between DGO & VectorVest.<<
     
    Let me just briefly summarize and then give you some = references=20 to do further research:
     
    DailyGraphs Online http://www.dailygra= phs.com/Tour/tourhome.htm
     Essentially a charting service. Shows all the = proprietary=20 IBD/DGO data such as EPS, RS, SMR, A/D, Indus Group RS, etc. = Also=20 shows the past fundamentals such as ROE, D/E, EPS actuals, = Rev=20 actuals, growth in EPS & Revs, institutional ownership,=20 cashflow, insider ownership, etc. Shows links to the = corporate site=20 and charts are marked for things such as insider = selling/buying,=20 significant highs/lows, primary/secondary stock offerings, = dividend=20 distributions, splits, etc. Contains various reports which = can be=20 downloaded to Excel for autofiltering. For example, Stocks = mentioned=20 in today's IBD, list of stocks in the printed chart books = (about=20 2500 stocks), stocks with increasing/decreasing A/D, etc. = You can=20 create custom stock lists and can easily flip through charts = by=20 hitting the spacebar. If you have a fat pipe internet = connection,=20 this is faster than flipping through a book. *Definitely* = faster=20 than digging through the IBD for all this data. Charts at=20 investors.com are similar, but do not contain all the = fundamental=20 goodies and reports that I mentioned. Charts ETFs but no = indices or=20 mutual funds. Current version does not have industry = charting. Beta=20 version has a snazzier stock screener, industry charts and=20 components. 7 day trial for $19.95. Service a bit pricey, = but well=20 worth it IMHO.
     
    VectorVest http://www.vector= vest.com/stockreport/po.phtml
    2 versions, either online or download/desktop. I have = the=20 desktop version and prefer it. Has historical information = about 6=20 years back so allows for viewing historical relationships = between=20 parameters. Has some proprietary components based on stock = valuation=20 principles: Value, Relative Value, Relative Timing (price = action, a=20 technical proxy), forward growth rate (excellent for CANSLIM = investing), Relative Safety (a volatility measure based on = past=20 price action and fundamentals), etc. Excellent tools for = stock=20 mining such as trends, strategies, deltas, portfolios. = Excellent=20 tools for industry and sector analysis. Includes market = timing=20 tools, but I ignore them. Allows easy exports to Excel for = further=20 autofiltering. Charting in daily and weekly mode. Can chart = not only=20 price/volume action but also any variables in the database. = Also has=20 comparison graphing features and an optional ProTrader = module that=20 does technical analysis scans. I've been using VV since = early '98=20 and believe it is my most valuable investing tool. Extremely = powerful program with many capabilities, but takes a while = to=20 "master." 5 week trial for $9.95. (If you happen to try it = out,=20 please tell them I sent you when you do so, as I get credit = toward=20 my monthly fees.) Monthly fees paid for themselves long ago = in=20 market returns.
     
    Katherine
     

     
    ----- Original Message = -----
    From:=20 Bert=20 Pesak
    To: canslim@lists.xmission.com= =20
    Sent: Tuesday, = January 29,=20 2002 9:22 AM
    Subject: [CANSLIM]=20 Katherine's Lecture
    =

    ------=_NextPart_000_0024_01C1AA41.1CCBD0C0-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Lu Bullock" Subject: Re: [CANSLIM] Katherine's Lecture Date: 31 Jan 2002 08:23:48 -0700 This is a multi-part message in MIME format. ------=_NextPart_000_003F_01C1AA30.9BA7C4A0 Content-Type: text/plain; charset="Windows-1252" Content-Transfer-Encoding: quoted-printable Katherine, Please send me your presentation. =20 I am interested in finding out more about VectorVest and how it compares = to QuotePlus. Do you have any knowledge about QuotePlus? I am just new to the Canslim chat area. I have enjoyed your sharing.=20 Thank you. Have a great day. Lu Bullock ------=_NextPart_000_003F_01C1AA30.9BA7C4A0 Content-Type: text/html; charset="Windows-1252" Content-Transfer-Encoding: quoted-printable
    Katherine,
    Please send me your presentation. 
    I am interested in finding out more about VectorVest and = how it=20 compares to QuotePlus.  Do you have any knowledge about=20 QuotePlus?
    I am just new to the Canslim chat area.  I have = enjoyed your=20 sharing.
    Thank you.
    Have a great day.
    Lu Bullock
    ------=_NextPart_000_003F_01C1AA30.9BA7C4A0-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] Katherine's Lecture Date: 31 Jan 2002 09:51:04 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_015B_01C1AA3C.CC602FE0 Content-Type: text/plain; charset="Windows-1252" Content-Transfer-Encoding: quoted-printable Thanks for the feedback and kind words, Jerry, appreciate it. Would you please contact me directly? I've tried to send a reply, but = your email keeps getting rejected! Katherine kmalm@earthlink.net =20 ----- Original Message -----=20 From: Jerry Sparrow=20 To: canslim@lists.xmission.com=20 Sent: Thursday, January 31, 2002 9:21 AM Subject: Re: [CANSLIM] Katherine's Lecture Gene Ricci sent me your presentation. Man it was really great. I'm = still trying to digest it all but it is clear that you spent a lot of = time putting together a professional presentation. I'm not sure of your = background but you should really think about teaching. I only wish that = I lived close enough to get the personal attention. Maybe if I could = talk both you and Tom into moving to NC... --- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Thursday, January 31, 2002 9:12 AM Subject: Re: [CANSLIM] Katherine's Lecture Hi all, Thanks again for your interest. So that we can prevent filling = everybody's in box in the future....if you are interested in receiving a = copy, please contact me directly at kmalm@earthlink.net. My apologies to = the list, as I never expected the requests! Thanks, Katherine ----- Original Message -----=20 From: Francois Martin=20 To: canslim@lists.xmission.com=20 Sent: Thursday, January 31, 2002 8:04 AM Subject: Re: [CANSLIM] Katherine's Lecture ME TOO i want a Katherine lecture, =20 thanks, Francois ----- Original Message -----=20 From: Jerry Sparrow=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, January 30, 2002 12:17 PM Subject: Re: [CANSLIM] Katherine's Lecture I would greatly enjoy reading a copy as well... ----- Original Message -----=20 From: Scott Gettis=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, January 29, 2002 9:22 PM Subject: RE: [CANSLIM] Katherine's Lecture can i get a copy too. -----Original Message----- From: owner-canslim@lists.xmission.com = [mailto:owner-canslim@lists.xmission.com]On Behalf Of Bert Pesak Sent: Tuesday, January 29, 2002 3:54 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] Katherine's Lecture Katherine, Thanks for the replies. I'm sure they will keep me busy for a few days. Bert ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, January 29, 2002 5:12 PM Subject: Re: [CANSLIM] Katherine's Lecture Hi Bert, >>Katherine, could you briefly explain some of the = differences between DGO & VectorVest.<< Let me just briefly summarize and then give you some = references to do further research: DailyGraphs Online = http://www.dailygraphs.com/Tour/tourhome.htm Essentially a charting service. Shows all the proprietary = IBD/DGO data such as EPS, RS, SMR, A/D, Indus Group RS, etc. Also shows = the past fundamentals such as ROE, D/E, EPS actuals, Rev actuals, growth = in EPS & Revs, institutional ownership, cashflow, insider ownership, = etc. Shows links to the corporate site and charts are marked for things = such as insider selling/buying, significant highs/lows, = primary/secondary stock offerings, dividend distributions, splits, etc. = Contains various reports which can be downloaded to Excel for = autofiltering. For example, Stocks mentioned in today's IBD, list of = stocks in the printed chart books (about 2500 stocks), stocks with = increasing/decreasing A/D, etc. You can create custom stock lists and = can easily flip through charts by hitting the spacebar. If you have a = fat pipe internet connection, this is faster than flipping through a = book. *Definitely* faster than digging through the IBD for all this = data. Charts at investors.com are similar, but do not contain all the = fundamental goodies and reports that I mentioned. Charts ETFs but no = indices or mutual funds. Current version does not have industry = charting. Beta version has a snazzier stock screener, industry charts = and components. 7 day trial for $19.95. Service a bit pricey, but well = worth it IMHO. VectorVest http://www.vectorvest.com/stockreport/po.phtml 2 versions, either online or download/desktop. I have the = desktop version and prefer it. Has historical information about 6 years = back so allows for viewing historical relationships between parameters. = Has some proprietary components based on stock valuation principles: = Value, Relative Value, Relative Timing (price action, a technical = proxy), forward growth rate (excellent for CANSLIM investing), Relative = Safety (a volatility measure based on past price action and = fundamentals), etc. Excellent tools for stock mining such as trends, = strategies, deltas, portfolios. Excellent tools for industry and sector = analysis. Includes market timing tools, but I ignore them. Allows easy = exports to Excel for further autofiltering. Charting in daily and weekly = mode. Can chart not only price/volume action but also any variables in = the database. Also has comparison graphing features and an optional = ProTrader module that does technical analysis scans. I've been using VV = since early '98 and believe it is my most valuable investing tool. = Extremely powerful program with many capabilities, but takes a while to = "master." 5 week trial for $9.95. (If you happen to try it out, please = tell them I sent you when you do so, as I get credit toward my monthly = fees.) Monthly fees paid for themselves long ago in market returns. Katherine =20 ----- Original Message -----=20 From: Bert Pesak=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, January 29, 2002 9:22 AM Subject: [CANSLIM] Katherine's Lecture ------=_NextPart_000_015B_01C1AA3C.CC602FE0 Content-Type: text/html; charset="Windows-1252" Content-Transfer-Encoding: quoted-printable
    Thanks for the feedback and kind words, Jerry, appreciate it.
     
    Would you please contact me directly? I've tried to send a reply, = but your=20 email keeps getting rejected!
     
    Katherine
    kmalm@earthlink.net  &n= bsp;=20
    ----- Original Message -----
    From:=20 Jerry=20 Sparrow
    Sent: Thursday, January 31, = 2002 9:21=20 AM
    Subject: Re: [CANSLIM] = Katherine's=20 Lecture

    Gene Ricci sent me your = presentation.  Man=20 it was really great.  I'm still trying to digest it all but it is = clear=20 that you spent a lot of time putting together a professional=20 presentation.  I'm not sure of your background but you should = really=20 think about teaching.  I only wish that I lived close enough to = get the=20 personal attention.  Maybe if I could talk both you and Tom into = moving=20 to NC...
     
    --- Original Message -----
    From:=20 Katherine=20 Malm
    Sent: Thursday, January 31, = 2002 9:12=20 AM
    Subject: Re: [CANSLIM] = Katherine's=20 Lecture

    Hi all,
     
    Thanks again for your interest. So that we can prevent filling=20 everybody's in box in the future....if you are interested in = receiving a=20 copy, please contact me directly at kmalm@earthlink.net. My = apologies to=20 the list, as I never expected the requests!
     
    Thanks,
    Katherine
    ----- Original Message ----- =
    From:=20 Francois Martin =
    To: canslim@lists.xmission.com= =20
    Sent: Thursday, January 31, = 2002 8:04=20 AM
    Subject: Re: [CANSLIM] = Katherine's=20 Lecture

    ME TOO i want a Katherine = lecture, =20
     
    thanks,
     
    Francois
    ----- Original Message ----- =
    From:=20 Jerry=20 Sparrow
    To: canslim@lists.xmission.com= =20
    Sent: Wednesday, January = 30, 2002=20 12:17 PM
    Subject: Re: [CANSLIM] = Katherine's=20 Lecture

    I would greatly enjoy reading a = copy as=20 well...
    ----- Original Message ----- =
    From:=20 Scott=20 Gettis
    To: canslim@lists.xmission.com= =20
    Sent: Tuesday, January = 29, 2002=20 9:22 PM
    Subject: RE: [CANSLIM]=20 Katherine's Lecture

    can i get a copy too.
    -----Original Message-----
    From: owner-canslim@lists.xmis= sion.com=20 [mailto:owner-canslim@lis= ts.xmission.com]On=20 Behalf Of Bert Pesak
    Sent: Tuesday, January = 29, 2002=20 3:54 PM
    To: canslim@lists.xmission.com=
    Subject:=20 Re: [CANSLIM] Katherine's Lecture

    Katherine,
    Thanks for the replies.
    I'm sure they will keep me busy for a = few=20 days.
    Bert
    ----- Original Message = -----
    From:=20 Katherine Malm =
    To: canslim@lists.xmission.com= =20
    Sent: Tuesday, = January 29,=20 2002 5:12 PM
    Subject: Re: = [CANSLIM]=20 Katherine's Lecture

    Hi Bert,
     
    >>Katherine, could you briefly explain some of = the=20 differences between DGO & VectorVest.<<
     
    Let me just briefly summarize and then give you some=20 references to do further research:
     
    DailyGraphs Online http://www.dailygra= phs.com/Tour/tourhome.htm
     Essentially a charting service. Shows all the=20 proprietary IBD/DGO data such as EPS, RS, SMR, A/D, Indus = Group=20 RS, etc. Also shows the past fundamentals such as ROE, = D/E, EPS=20 actuals, Rev actuals, growth in EPS & Revs, = institutional=20 ownership, cashflow, insider ownership, etc. Shows links = to the=20 corporate site and charts are marked for things such as = insider=20 selling/buying, significant highs/lows, primary/secondary = stock=20 offerings, dividend distributions, splits, etc. Contains = various=20 reports which can be downloaded to Excel for = autofiltering. For=20 example, Stocks mentioned in today's IBD, list of stocks = in the=20 printed chart books (about 2500 stocks), stocks with=20 increasing/decreasing A/D, etc. You can create custom = stock lists=20 and can easily flip through charts by hitting the = spacebar. If you=20 have a fat pipe internet connection, this is faster than = flipping=20 through a book. *Definitely* faster than digging through = the IBD=20 for all this data. Charts at investors.com are similar, = but do not=20 contain all the fundamental goodies and reports that I = mentioned.=20 Charts ETFs but no indices or mutual funds. Current = version does=20 not have industry charting. Beta version has a snazzier = stock=20 screener, industry charts and components. 7 day trial for = $19.95.=20 Service a bit pricey, but well worth it IMHO.
     
    VectorVest http://www.vector= vest.com/stockreport/po.phtml
    2 versions, either online or download/desktop. I have = the=20 desktop version and prefer it. Has historical information = about 6=20 years back so allows for viewing historical relationships = between=20 parameters. Has some proprietary components based on stock = valuation principles: Value, Relative Value, Relative = Timing=20 (price action, a technical proxy), forward growth rate = (excellent=20 for CANSLIM investing), Relative Safety (a volatility = measure=20 based on past price action and fundamentals), etc. = Excellent tools=20 for stock mining such as trends, strategies, deltas, = portfolios.=20 Excellent tools for industry and sector analysis. Includes = market=20 timing tools, but I ignore them. Allows easy exports to = Excel for=20 further autofiltering. Charting in daily and weekly mode. = Can=20 chart not only price/volume action but also any variables = in the=20 database. Also has comparison graphing features and an = optional=20 ProTrader module that does technical analysis scans. I've = been=20 using VV since early '98 and believe it is my most = valuable=20 investing tool. Extremely powerful program with many = capabilities,=20 but takes a while to "master." 5 week trial for $9.95. (If = you=20 happen to try it out, please tell them I sent you when you = do so,=20 as I get credit toward my monthly fees.) Monthly fees paid = for=20 themselves long ago in market returns.
     
    Katherine
     

     
    ----- Original Message = -----=20
    From:=20 Bert Pesak
    To: canslim@lists.xmission.com= =20
    Sent: Tuesday, = January 29,=20 2002 9:22 AM
    Subject: = [CANSLIM]=20 Katherine's Lecture
    =

    ------=_NextPart_000_015B_01C1AA3C.CC602FE0-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: [CANSLIM] Re: Katherine's "Lecture" Date: 31 Jan 2002 10:01:54 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_0182_01C1AA3E.4FEE5C00 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable I probably should have done this in the first place! Gene Ricci has been = handling all the distribution for me...it would probably be easiest to = send any requests to him directly. Again my thanks to you who have shown = interest and apologies to those with clogged in boxes! You can contact Gene at genr@swbell.net Katherine ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, January 30, 2002 11:29 AM Subject: Katherine's "Lecture" Hi all, I am delighted and overwhelmed with the many requests for copies of my = presentation to the Dallas Area VectorVest User's Group last Saturday. = Even more delighted to see some posts from names I've never seen before! I want to be sure that you all realize what that the presentation was = not on CANSLIM alone, but on my use of VectorVest in selecting CANSLIM = quality candidates and performing the first part of industry analysis on = them. This is really only a "slice of the pie" in terms of my total = CANSLIM investing discipline, so don't want to give the wrong impression = for those of you who may be expecting something more or something = different. Gene only gave me 3 hours to present. I probably could have = filled 3 weeks if he'd let me cover everything! So that it's clear what the notes cover, here are the objectives from = the presentation. And certainly, given the short amount of time, the = amount of detail given for each of these objectives limits the depth of = coverage: -Utilize a combination of VectorVest, DailyGraphs Online and the = Internet to select buy candidates utilizing the CANSLIM investing style. -Utilize a combination of VectorVest and DailyGraphs Online to time = purchases. -This presentation does not cover money management, trading = psychology, buy rules, sell rules or technical chart reading--all of = which are required under a successful CANSLIM investing system. -The system as described is not a mechanical system whereby the user = chooses the top ten stocks, buys them and then sells them based on a = single mechanical sell rule. Thanks, Katherine ------=_NextPart_000_0182_01C1AA3E.4FEE5C00 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
    I probably should have done this in the first place! Gene Ricci has = been=20 handling all the distribution for me...it would probably be easiest to = send any=20 requests to him directly. Again my thanks to you who have shown = interest=20 and apologies to those with clogged in boxes!
     
    You can contact Gene at genr@swbell.net
     
    Katherine
    ----- Original Message -----
    From:=20 Katherine=20 Malm
    Sent: Wednesday, January 30, = 2002 11:29=20 AM
    Subject: Katherine's = "Lecture"

    Hi all,
     
    I am delighted and overwhelmed with the many requests for copies = of my=20 presentation to the Dallas Area VectorVest User's Group last Saturday. = Even=20 more delighted to see some posts from names I've never seen = before!
     
    I want to be sure that you all realize what that the presentation = was not=20 on CANSLIM alone, but on my use of VectorVest in selecting CANSLIM = quality=20 candidates and performing the first part of industry analysis on them. = This is=20 really only a "slice of the pie" in terms of my total CANSLIM = investing=20 discipline, so don't want to give the wrong impression for those of = you who=20 may be expecting something more or something different. Gene only gave = me 3=20 hours to present. I probably could have filled 3 weeks if he'd let me = cover=20 everything!
     
    So that it's clear what the notes cover, here are the objectives = from the=20 presentation. And certainly, given the short amount of time, the = amount of=20 detail given for each of these objectives limits the depth of = coverage:

    -Utilize a combination of VectorVest, DailyGraphs = Online=20 and the Internet to select buy candidates utilizing the CANSLIM = investing=20 style.

    -Utilize a combination of VectorVest and = DailyGraphs Online=20 to time purchases.

    -This = presentation does not=20 cover money management, trading psychology, buy rules, sell=20 rules or=20 technical chart reading--all of which are required under a successful = CANSLIM=20 investing system.

    -The=20 system as=20 described=20 is not a mechanical system whereby = the=20 user chooses the top ten stocks, buys=20 them=20 and=20 then sells them based on a single mechanical sell=20 rule.
     
    Thanks,
    Katherine
     
     
     
    ------=_NextPart_000_0182_01C1AA3E.4FEE5C00-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Eric Jaenike Subject: [CANSLIM] POOL Date: 31 Jan 2002 08:08:32 -0800 (PST) --0-1053820493-1012493312=:77621 Content-Type: text/plain; charset=us-ascii For those looking to buy (myself not included), POOL (80 96 AAB) breaking out today on what appears to be good volume. Interesting that a consolidation play is breaking out after activity in TYC. Eric Do You Yahoo!? Yahoo! Auctions Great stuff seeking new owners! Bid now! --0-1053820493-1012493312=:77621 Content-Type: text/html; charset=us-ascii

    For those looking to buy (myself not included), POOL (80 96 AAB) breaking out today on what appears to be good volume. Interesting that a consolidation play is breaking out after activity in TYC.

    Eric


    Do You Yahoo!?
    Yahoo! Auctions Great stuff seeking new owners! Bid now! --0-1053820493-1012493312=:77621-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] Katherine's Lecture Date: 31 Jan 2002 10:16:21 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_01BF_01C1AA40.54788D20 Content-Type: text/plain; charset="Windows-1252" Content-Transfer-Encoding: quoted-printable Hi Lu, First, welcome to the CANSLIM list! There are quite a few people on the list that use QuotesPlus, so I'll = leave it to them to comment.=20 For my own set of tools, I use DailyGraphs for both technicals and past = financial data, so I don't also subscribe to QP. There are plenty of = advantages to doing so, however, as data is readily available for = sharing between programs. That's just one of the many things I like = about VectorVest...ability to export data to Excel. There is some = limited ability to do this with DailyGraphs, but it exports only the = proprietary data such as EPS, RS, A/D, SMR, etc., rather than the = historical fundamental data itself. Ah....if my pocketbook weren't = limited the world would be my oyster! Katherine ----- Original Message -----=20 From: Lu Bullock=20 To: canslim@lists.xmission.com=20 Sent: Thursday, January 31, 2002 9:23 AM Subject: Re: [CANSLIM] Katherine's Lecture Katherine, Please send me your presentation. =20 I am interested in finding out more about VectorVest and how it = compares to QuotePlus. Do you have any knowledge about QuotePlus? I am just new to the Canslim chat area. I have enjoyed your sharing.=20 Thank you. Have a great day. Lu Bullock ------=_NextPart_000_01BF_01C1AA40.54788D20 Content-Type: text/html; charset="Windows-1252" Content-Transfer-Encoding: quoted-printable
    Hi Lu,
     
    First, welcome to the CANSLIM list!
     
    There are quite a few people on the list that use QuotesPlus, so = I'll leave=20 it to them to comment.
     
    For my own set of tools, I use DailyGraphs for both technicals and = past=20 financial data, so I don't also subscribe to QP. There are plenty of = advantages=20 to doing so, however, as data is readily available for sharing between = programs.=20 That's just one of the many things I like about VectorVest...ability to = export=20 data to Excel. There is some limited ability to do this with = DailyGraphs, but it=20 exports only the proprietary data such as EPS, RS, A/D, SMR, etc., = rather than=20 the historical fundamental data itself. Ah....if my pocketbook weren't = limited=20 the world would be my oyster!
     
    Katherine
    ----- Original Message -----
    From:=20 Lu Bullock
    Sent: Thursday, January 31, = 2002 9:23=20 AM
    Subject: Re: [CANSLIM] = Katherine's=20 Lecture

    Katherine,
    Please send me your presentation. 
    I am interested in finding out more about VectorVest and = how it=20 compares to QuotePlus.  Do you have any knowledge about=20 QuotePlus?
    I am just new to the Canslim chat area.  I have = enjoyed your=20 sharing.
    Thank you.
    Have a great day.
    Lu Bullock
    ------=_NextPart_000_01BF_01C1AA40.54788D20-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Jerry Sparrow" Subject: Re: [CANSLIM] Katherine's Lecture Date: 31 Jan 2002 12:32:45 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_0012_01C1AA53.62C88340 Content-Type: text/plain; charset="Windows-1252" Content-Transfer-Encoding: quoted-printable You can get me at sparrow@netpath.net or jsparrow@biscuitville.com=20 ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Thursday, January 31, 2002 10:51 AM Subject: Re: [CANSLIM] Katherine's Lecture Thanks for the feedback and kind words, Jerry, appreciate it. Would you please contact me directly? I've tried to send a reply, but = your email keeps getting rejected! Katherine kmalm@earthlink.net =20 ----- Original Message -----=20 From: Jerry Sparrow=20 To: canslim@lists.xmission.com=20 Sent: Thursday, January 31, 2002 9:21 AM Subject: Re: [CANSLIM] Katherine's Lecture Gene Ricci sent me your presentation. Man it was really great. I'm = still trying to digest it all but it is clear that you spent a lot of = time putting together a professional presentation. I'm not sure of your = background but you should really think about teaching. I only wish that = I lived close enough to get the personal attention. Maybe if I could = talk both you and Tom into moving to NC... --- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Thursday, January 31, 2002 9:12 AM Subject: Re: [CANSLIM] Katherine's Lecture Hi all, Thanks again for your interest. So that we can prevent filling = everybody's in box in the future....if you are interested in receiving a = copy, please contact me directly at kmalm@earthlink.net. My apologies to = the list, as I never expected the requests! Thanks, Katherine ----- Original Message -----=20 From: Francois Martin=20 To: canslim@lists.xmission.com=20 Sent: Thursday, January 31, 2002 8:04 AM Subject: Re: [CANSLIM] Katherine's Lecture ME TOO i want a Katherine lecture, =20 thanks, Francois ----- Original Message -----=20 From: Jerry Sparrow=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, January 30, 2002 12:17 PM Subject: Re: [CANSLIM] Katherine's Lecture I would greatly enjoy reading a copy as well... ----- Original Message -----=20 From: Scott Gettis=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, January 29, 2002 9:22 PM Subject: RE: [CANSLIM] Katherine's Lecture can i get a copy too. -----Original Message----- From: owner-canslim@lists.xmission.com = [mailto:owner-canslim@lists.xmission.com]On Behalf Of Bert Pesak Sent: Tuesday, January 29, 2002 3:54 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] Katherine's Lecture Katherine, Thanks for the replies. I'm sure they will keep me busy for a few days. Bert ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, January 29, 2002 5:12 PM Subject: Re: [CANSLIM] Katherine's Lecture Hi Bert, >>Katherine, could you briefly explain some of the = differences between DGO & VectorVest.<< Let me just briefly summarize and then give you some = references to do further research: DailyGraphs Online = http://www.dailygraphs.com/Tour/tourhome.htm Essentially a charting service. Shows all the = proprietary IBD/DGO data such as EPS, RS, SMR, A/D, Indus Group RS, etc. = Also shows the past fundamentals such as ROE, D/E, EPS actuals, Rev = actuals, growth in EPS & Revs, institutional ownership, cashflow, = insider ownership, etc. Shows links to the corporate site and charts are = marked for things such as insider selling/buying, significant = highs/lows, primary/secondary stock offerings, dividend distributions, = splits, etc. Contains various reports which can be downloaded to Excel = for autofiltering. For example, Stocks mentioned in today's IBD, list of = stocks in the printed chart books (about 2500 stocks), stocks with = increasing/decreasing A/D, etc. You can create custom stock lists and = can easily flip through charts by hitting the spacebar. If you have a = fat pipe internet connection, this is faster than flipping through a = book. *Definitely* faster than digging through the IBD for all this = data. Charts at investors.com are similar, but do not contain all the = fundamental goodies and reports that I mentioned. Charts ETFs but no = indices or mutual funds. Current version does not have industry = charting. Beta version has a snazzier stock screener, industry charts = and components. 7 day trial for $19.95. Service a bit pricey, but well = worth it IMHO. VectorVest = http://www.vectorvest.com/stockreport/po.phtml 2 versions, either online or download/desktop. I have = the desktop version and prefer it. Has historical information about 6 = years back so allows for viewing historical relationships between = parameters. Has some proprietary components based on stock valuation = principles: Value, Relative Value, Relative Timing (price action, a = technical proxy), forward growth rate (excellent for CANSLIM investing), = Relative Safety (a volatility measure based on past price action and = fundamentals), etc. Excellent tools for stock mining such as trends, = strategies, deltas, portfolios. Excellent tools for industry and sector = analysis. Includes market timing tools, but I ignore them. Allows easy = exports to Excel for further autofiltering. Charting in daily and weekly = mode. Can chart not only price/volume action but also any variables in = the database. Also has comparison graphing features and an optional = ProTrader module that does technical analysis scans. I've been using VV = since early '98 and believe it is my most valuable investing tool. = Extremely powerful program with many capabilities, but takes a while to = "master." 5 week trial for $9.95. (If you happen to try it out, please = tell them I sent you when you do so, as I get credit toward my monthly = fees.) Monthly fees paid for themselves long ago in market returns. Katherine =20 ----- Original Message -----=20 From: Bert Pesak=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, January 29, 2002 9:22 AM Subject: [CANSLIM] Katherine's Lecture ------=_NextPart_000_0012_01C1AA53.62C88340 Content-Type: text/html; charset="Windows-1252" Content-Transfer-Encoding: quoted-printable
    You can get me at sparrow@netpath.net or jsparrow@biscuitville.com=20
    ----- Original Message -----
    From:=20 Katherine=20 Malm
    Sent: Thursday, January 31, = 2002 10:51=20 AM
    Subject: Re: [CANSLIM] = Katherine's=20 Lecture

    Thanks for the feedback and kind words, Jerry, appreciate = it.
     
    Would you please contact me directly? I've tried to send a reply, = but=20 your email keeps getting rejected!
     
    Katherine
    kmalm@earthlink.net  &n= bsp;=20
    ----- Original Message -----
    From:=20 Jerry=20 Sparrow
    Sent: Thursday, January 31, = 2002 9:21=20 AM
    Subject: Re: [CANSLIM] = Katherine's=20 Lecture

    Gene Ricci sent me your = presentation.  Man=20 it was really great.  I'm still trying to digest it all but it = is clear=20 that you spent a lot of time putting together a professional=20 presentation.  I'm not sure of your background but you should = really=20 think about teaching.  I only wish that I lived close enough to = get the=20 personal attention.  Maybe if I could talk both you and Tom = into moving=20 to NC...
     
    --- Original Message -----
    From:=20 Katherine=20 Malm
    To: canslim@lists.xmission.com= =20
    Sent: Thursday, January 31, = 2002 9:12=20 AM
    Subject: Re: [CANSLIM] = Katherine's=20 Lecture

    Hi all,
     
    Thanks again for your interest. So that we can prevent = filling=20 everybody's in box in the future....if you are interested in = receiving a=20 copy, please contact me directly at kmalm@earthlink.net. My = apologies to=20 the list, as I never expected the requests!
     
    Thanks,
    Katherine
    ----- Original Message ----- =
    From:=20 Francois Martin =
    To: canslim@lists.xmission.com= =20
    Sent: Thursday, January = 31, 2002=20 8:04 AM
    Subject: Re: [CANSLIM] = Katherine's=20 Lecture

    ME TOO i want a Katherine = lecture, =20
     
    thanks,
     
    Francois
    ----- Original Message ----- =
    From:=20 Jerry=20 Sparrow
    To: canslim@lists.xmission.com= =20
    Sent: Wednesday, = January 30, 2002=20 12:17 PM
    Subject: Re: [CANSLIM]=20 Katherine's Lecture

    I would greatly enjoy reading = a copy as=20 well...
    ----- Original Message ----- =
    From:=20 Scott=20 Gettis
    To: canslim@lists.xmission.com= =20
    Sent: Tuesday, = January 29, 2002=20 9:22 PM
    Subject: RE: = [CANSLIM]=20 Katherine's Lecture

    can i get a copy too.
    -----Original = Message-----
    From: owner-canslim@lists.xmis= sion.com=20 [mailto:owner-canslim@lis= ts.xmission.com]On=20 Behalf Of Bert Pesak
    Sent: Tuesday, January = 29, 2002=20 3:54 PM
    To: canslim@lists.xmission.com=
    Subject:=20 Re: [CANSLIM] Katherine's Lecture

    Katherine,
    Thanks for the replies.
    I'm sure they will keep me busy for a = few=20 days.
    Bert
    ----- Original Message = -----=20
    From:=20 Katherine Malm =
    To: canslim@lists.xmission.com= =20
    Sent: Tuesday, = January 29,=20 2002 5:12 PM
    Subject: Re: = [CANSLIM]=20 Katherine's Lecture

    Hi Bert,
     
    >>Katherine, could you briefly explain some = of the=20 differences between DGO & VectorVest.<<
     
    Let me just briefly summarize and then give you = some=20 references to do further research:
     
    DailyGraphs Online http://www.dailygra= phs.com/Tour/tourhome.htm
     Essentially a charting service. Shows all the = proprietary IBD/DGO data such as EPS, RS, SMR, A/D, = Indus Group=20 RS, etc. Also shows the past fundamentals such as ROE, = D/E, EPS=20 actuals, Rev actuals, growth in EPS & Revs, = institutional=20 ownership, cashflow, insider ownership, etc. Shows links = to the=20 corporate site and charts are marked for things such as = insider=20 selling/buying, significant highs/lows, = primary/secondary stock=20 offerings, dividend distributions, splits, etc. Contains = various=20 reports which can be downloaded to Excel for = autofiltering. For=20 example, Stocks mentioned in today's IBD, list of stocks = in the=20 printed chart books (about 2500 stocks), stocks with=20 increasing/decreasing A/D, etc. You can create custom = stock=20 lists and can easily flip through charts by hitting the=20 spacebar. If you have a fat pipe internet connection, = this is=20 faster than flipping through a book. *Definitely* faster = than=20 digging through the IBD for all this data. Charts at=20 investors.com are similar, but do not contain all the=20 fundamental goodies and reports that I mentioned. Charts = ETFs=20 but no indices or mutual funds. Current version does not = have=20 industry charting. Beta version has a snazzier stock = screener,=20 industry charts and components. 7 day trial for $19.95. = Service=20 a bit pricey, but well worth it IMHO.
     
    VectorVest http://www.vector= vest.com/stockreport/po.phtml
    2 versions, either online or download/desktop. I = have the=20 desktop version and prefer it. Has historical = information about=20 6 years back so allows for viewing historical = relationships=20 between parameters. Has some proprietary components = based on=20 stock valuation principles: Value, Relative Value, = Relative=20 Timing (price action, a technical proxy), forward growth = rate=20 (excellent for CANSLIM investing), Relative Safety (a = volatility=20 measure based on past price action and fundamentals), = etc.=20 Excellent tools for stock mining such as trends, = strategies,=20 deltas, portfolios. Excellent tools for industry and = sector=20 analysis. Includes market timing tools, but I ignore = them.=20 Allows easy exports to Excel for further autofiltering. = Charting=20 in daily and weekly mode. Can chart not only = price/volume action=20 but also any variables in the database. Also has = comparison=20 graphing features and an optional ProTrader module that = does=20 technical analysis scans. I've been using VV since early = '98 and=20 believe it is my most valuable investing tool. Extremely = powerful program with many capabilities, but takes a = while to=20 "master." 5 week trial for $9.95. (If you happen to try = it out,=20 please tell them I sent you when you do so, as I get = credit=20 toward my monthly fees.) Monthly fees paid for = themselves long=20 ago in market returns.
     
    Katherine
     

     
    ----- Original Message = -----=20
    From:=20 Bert Pesak =
    To: canslim@lists.xmission.com= =20
    Sent: Tuesday, = January=20 29, 2002 9:22 AM
    Subject: = [CANSLIM]=20 Katherine's Lecture
    =

    = ------=_NextPart_000_0012_01C1AA53.62C88340-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Ben Chilcote" Subject: [CANSLIM] LLUR from Briefing.com Date: 31 Jan 2002 13:18:14 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_0007_01C1AA59.BD4C9AD0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable FYI, following is a "Story Stock" writeup today by Briefing.com talking = about the LLUR type chart and mentioning a couple of stocks that have = this characteristic. =20 Ben 11:23 ET PETsMART (PETM): 10.51 +0.21: PETsMART is the largest pet = supply retailer as it operates more than 560 pet stores in North = America, as well as a large pet supply catalog business. The company is = raising guidance this morning as it boosts its 2001 earnings outlook to = a range of $0.33-$0.34 from previous forecast of $0.28 and vs the Multex = consensus of $0.29. The company says it's just beginning to see the = results of its work to reformat stores. Also, holiday sales came in = above plan with momentum carrying into January. Management now sees Q4 = (Jan) same store sales growth of at least 9%. PETM has been trickling = out good news consistently for the last few months which has resulted in = a beautiful chart. It has avoided wild moves in either direction, = instead taking a slow and steady climb into double digits. The following = statement may not be win us a Nobel prize for its brilliance, but...look = for these types of charts generally. They tend to keep going up. Other = examples are CKE Restaurants (CKR 9.96 +0.07), Deluxe Corp. (DLX 44.94 = -0.01), H&R Block (HRB 45.52 -0.04), Ikon Office (IKN 13.69 -0.06). = These charts are created for a reason. Normally, they are generated by = companies that consistently beat numbers and guide higher. Also, it = indicates that management has a good handle on earning expectations to = avoid surprises. -- Robert J. Reid, Briefing.com ------=_NextPart_000_0007_01C1AA59.BD4C9AD0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
    FYI, following is a "Story Stock" = writeup today by=20 Briefing.com talking about the LLUR type chart and mentioning a couple = of stocks=20 that have this characteristic. 
     
    Ben

    11:23 ET PETsMART (PETM): 10.51 +0.21: PETsMART is the largest = pet=20 supply retailer as it operates more than 560 pet stores in North = America, as=20 well as a large pet supply catalog business. The company is raising = guidance=20 this morning as it boosts its 2001 earnings outlook to a range of = $0.33-$0.34=20 from previous forecast of $0.28 and vs the Multex consensus of $0.29. = The=20 company says it's just beginning to see the results of its work to = reformat=20 stores. Also, holiday sales came in above plan with momentum carrying = into=20 January. Management now sees Q4 (Jan) same store sales growth of at = least 9%.=20 PETM has been trickling out good news consistently for the last few = months which=20 has resulted in a beautiful chart.=20 It has avoided wild moves in either direction, instead taking a slow and = steady=20 climb into double digits. The following statement may not be win us a = Nobel=20 prize for its brilliance, but...look for these types of charts = generally. They=20 tend to keep going up. Other examples are CKE Restaurants (CKR 9.96 = +0.07),=20 Deluxe Corp. (DLX 44.94 -0.01), H&R Block (HRB 45.52 -0.04), Ikon = Office=20 (IKN 13.69 -0.06). These charts are created for a reason. Normally, = they are=20 generated by companies that consistently beat numbers and guide higher. = Also, it=20 indicates that management has a good handle on earning expectations to = avoid=20 surprises. -- Robert J. Reid, = Briefing.com

    ------=_NextPart_000_0007_01C1AA59.BD4C9AD0-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Ben Chilcote" Subject: [CANSLIM] LLUR from Briefing.com Date: 31 Jan 2002 13:18:14 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_0007_01C1AA59.BD4C9AD0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable FYI, following is a "Story Stock" writeup today by Briefing.com talking = about the LLUR type chart and mentioning a couple of stocks that have = this characteristic. =20 Ben 11:23 ET PETsMART (PETM): 10.51 +0.21: PETsMART is the largest pet = supply retailer as it operates more than 560 pet stores in North = America, as well as a large pet supply catalog business. The company is = raising guidance this morning as it boosts its 2001 earnings outlook to = a range of $0.33-$0.34 from previous forecast of $0.28 and vs the Multex = consensus of $0.29. The company says it's just beginning to see the = results of its work to reformat stores. Also, holiday sales came in = above plan with momentum carrying into January. Management now sees Q4 = (Jan) same store sales growth of at least 9%. PETM has been trickling = out good news consistently for the last few months which has resulted in = a beautiful chart. It has avoided wild moves in either direction, = instead taking a slow and steady climb into double digits. The following = statement may not be win us a Nobel prize for its brilliance, but...look = for these types of charts generally. They tend to keep going up. Other = examples are CKE Restaurants (CKR 9.96 +0.07), Deluxe Corp. (DLX 44.94 = -0.01), H&R Block (HRB 45.52 -0.04), Ikon Office (IKN 13.69 -0.06). = These charts are created for a reason. Normally, they are generated by = companies that consistently beat numbers and guide higher. Also, it = indicates that management has a good handle on earning expectations to = avoid surprises. -- Robert J. Reid, Briefing.com ------=_NextPart_000_0007_01C1AA59.BD4C9AD0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
    FYI, following is a "Story Stock" = writeup today by=20 Briefing.com talking about the LLUR type chart and mentioning a couple = of stocks=20 that have this characteristic. 
     
    Ben

    11:23 ET PETsMART (PETM): 10.51 +0.21: PETsMART is the largest = pet=20 supply retailer as it operates more than 560 pet stores in North = America, as=20 well as a large pet supply catalog business. The company is raising = guidance=20 this morning as it boosts its 2001 earnings outlook to a range of = $0.33-$0.34=20 from previous forecast of $0.28 and vs the Multex consensus of $0.29. = The=20 company says it's just beginning to see the results of its work to = reformat=20 stores. Also, holiday sales came in above plan with momentum carrying = into=20 January. Management now sees Q4 (Jan) same store sales growth of at = least 9%.=20 PETM has been trickling out good news consistently for the last few = months which=20 has resulted in a beautiful chart.=20 It has avoided wild moves in either direction, instead taking a slow and = steady=20 climb into double digits. The following statement may not be win us a = Nobel=20 prize for its brilliance, but...look for these types of charts = generally. They=20 tend to keep going up. Other examples are CKE Restaurants (CKR 9.96 = +0.07),=20 Deluxe Corp. (DLX 44.94 -0.01), H&R Block (HRB 45.52 -0.04), Ikon = Office=20 (IKN 13.69 -0.06). These charts are created for a reason. Normally, = they are=20 generated by companies that consistently beat numbers and guide higher. = Also, it=20 indicates that management has a good handle on earning expectations to = avoid=20 surprises. -- Robert J. Reid, = Briefing.com

    ------=_NextPart_000_0007_01C1AA59.BD4C9AD0-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Ben Chilcote" Subject: [CANSLIM] LLUR from Briefing.com Date: 31 Jan 2002 13:18:14 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_0007_01C1AA59.BD4C9AD0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable FYI, following is a "Story Stock" writeup today by Briefing.com talking = about the LLUR type chart and mentioning a couple of stocks that have = this characteristic. =20 Ben 11:23 ET PETsMART (PETM): 10.51 +0.21: PETsMART is the largest pet = supply retailer as it operates more than 560 pet stores in North = America, as well as a large pet supply catalog business. The company is = raising guidance this morning as it boosts its 2001 earnings outlook to = a range of $0.33-$0.34 from previous forecast of $0.28 and vs the Multex = consensus of $0.29. The company says it's just beginning to see the = results of its work to reformat stores. Also, holiday sales came in = above plan with momentum carrying into January. Management now sees Q4 = (Jan) same store sales growth of at least 9%. PETM has been trickling = out good news consistently for the last few months which has resulted in = a beautiful chart. It has avoided wild moves in either direction, = instead taking a slow and steady climb into double digits. The following = statement may not be win us a Nobel prize for its brilliance, but...look = for these types of charts generally. They tend to keep going up. Other = examples are CKE Restaurants (CKR 9.96 +0.07), Deluxe Corp. (DLX 44.94 = -0.01), H&R Block (HRB 45.52 -0.04), Ikon Office (IKN 13.69 -0.06). = These charts are created for a reason. Normally, they are generated by = companies that consistently beat numbers and guide higher. Also, it = indicates that management has a good handle on earning expectations to = avoid surprises. -- Robert J. Reid, Briefing.com ------=_NextPart_000_0007_01C1AA59.BD4C9AD0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
    FYI, following is a "Story Stock" = writeup today by=20 Briefing.com talking about the LLUR type chart and mentioning a couple = of stocks=20 that have this characteristic. 
     
    Ben

    11:23 ET PETsMART (PETM): 10.51 +0.21: PETsMART is the largest = pet=20 supply retailer as it operates more than 560 pet stores in North = America, as=20 well as a large pet supply catalog business. The company is raising = guidance=20 this morning as it boosts its 2001 earnings outlook to a range of = $0.33-$0.34=20 from previous forecast of $0.28 and vs the Multex consensus of $0.29. = The=20 company says it's just beginning to see the results of its work to = reformat=20 stores. Also, holiday sales came in above plan with momentum carrying = into=20 January. Management now sees Q4 (Jan) same store sales growth of at = least 9%.=20 PETM has been trickling out good news consistently for the last few = months which=20 has resulted in a beautiful chart.=20 It has avoided wild moves in either direction, instead taking a slow and = steady=20 climb into double digits. The following statement may not be win us a = Nobel=20 prize for its brilliance, but...look for these types of charts = generally. They=20 tend to keep going up. Other examples are CKE Restaurants (CKR 9.96 = +0.07),=20 Deluxe Corp. (DLX 44.94 -0.01), H&R Block (HRB 45.52 -0.04), Ikon = Office=20 (IKN 13.69 -0.06). These charts are created for a reason. Normally, = they are=20 generated by companies that consistently beat numbers and guide higher. = Also, it=20 indicates that management has a good handle on earning expectations to = avoid=20 surprises. -- Robert J. Reid, = Briefing.com

    ------=_NextPart_000_0007_01C1AA59.BD4C9AD0-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Ben Chilcote" Subject: [CANSLIM] LLUR from Briefing.com Date: 31 Jan 2002 13:18:14 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_0007_01C1AA59.BD4C9AD0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable FYI, following is a "Story Stock" writeup today by Briefing.com talking = about the LLUR type chart and mentioning a couple of stocks that have = this characteristic. =20 Ben 11:23 ET PETsMART (PETM): 10.51 +0.21: PETsMART is the largest pet = supply retailer as it operates more than 560 pet stores in North = America, as well as a large pet supply catalog business. The company is = raising guidance this morning as it boosts its 2001 earnings outlook to = a range of $0.33-$0.34 from previous forecast of $0.28 and vs the Multex = consensus of $0.29. The company says it's just beginning to see the = results of its work to reformat stores. Also, holiday sales came in = above plan with momentum carrying into January. Management now sees Q4 = (Jan) same store sales growth of at least 9%. PETM has been trickling = out good news consistently for the last few months which has resulted in = a beautiful chart. It has avoided wild moves in either direction, = instead taking a slow and steady climb into double digits. The following = statement may not be win us a Nobel prize for its brilliance, but...look = for these types of charts generally. They tend to keep going up. Other = examples are CKE Restaurants (CKR 9.96 +0.07), Deluxe Corp. (DLX 44.94 = -0.01), H&R Block (HRB 45.52 -0.04), Ikon Office (IKN 13.69 -0.06). = These charts are created for a reason. Normally, they are generated by = companies that consistently beat numbers and guide higher. Also, it = indicates that management has a good handle on earning expectations to = avoid surprises. -- Robert J. Reid, Briefing.com ------=_NextPart_000_0007_01C1AA59.BD4C9AD0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
    FYI, following is a "Story Stock" = writeup today by=20 Briefing.com talking about the LLUR type chart and mentioning a couple = of stocks=20 that have this characteristic. 
     
    Ben

    11:23 ET PETsMART (PETM): 10.51 +0.21: PETsMART is the largest = pet=20 supply retailer as it operates more than 560 pet stores in North = America, as=20 well as a large pet supply catalog business. The company is raising = guidance=20 this morning as it boosts its 2001 earnings outlook to a range of = $0.33-$0.34=20 from previous forecast of $0.28 and vs the Multex consensus of $0.29. = The=20 company says it's just beginning to see the results of its work to = reformat=20 stores. Also, holiday sales came in above plan with momentum carrying = into=20 January. Management now sees Q4 (Jan) same store sales growth of at = least 9%.=20 PETM has been trickling out good news consistently for the last few = months which=20 has resulted in a beautiful chart.=20 It has avoided wild moves in either direction, instead taking a slow and = steady=20 climb into double digits. The following statement may not be win us a = Nobel=20 prize for its brilliance, but...look for these types of charts = generally. They=20 tend to keep going up. Other examples are CKE Restaurants (CKR 9.96 = +0.07),=20 Deluxe Corp. (DLX 44.94 -0.01), H&R Block (HRB 45.52 -0.04), Ikon = Office=20 (IKN 13.69 -0.06). These charts are created for a reason. Normally, = they are=20 generated by companies that consistently beat numbers and guide higher. = Also, it=20 indicates that management has a good handle on earning expectations to = avoid=20 surprises. -- Robert J. Reid, = Briefing.com

    ------=_NextPart_000_0007_01C1AA59.BD4C9AD0-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Ben Chilcote" Subject: [CANSLIM] Sorry about 4 copies Date: 31 Jan 2002 13:25:04 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_0028_01C1AA5A.B19FE830 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Sorry about the 4 copies of my email. I was having problems with my = email program sending and didn't realize that it was sending a copy each = time I retried. Ben ------=_NextPart_000_0028_01C1AA5A.B19FE830 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
    Sorry about the 4 copies of my = email.  I was=20 having problems with my email program sending and didn't realize that it = was=20 sending a copy each time I retried.
     
    Ben
    ------=_NextPart_000_0028_01C1AA5A.B19FE830-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] Oskosh B'gosh gosha Date: 31 Jan 2002 12:41:24 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_009C_01C1AA54.97D55580 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi Steve,=20 The 37% growth rate is a 5 year rate of growth in earnings. You can do a quick approximation by taking 1996 earnings=20 $0.66 * (1.37)^5 =3D 3.19 for current year The discrepancy between the high EPS Ranking and the lousy recent Q over = Q actual EPS numbers show the shortcoming of the EPS Ranking system. = That is, based on 5 year earnings growth, the company has outperformed = 89% of other stocks. But recent quarters tell the tale more often than = not. That's why WON says to look at *both* 5 yr growth (old history) and = recent QoQ EPS and Revenue growth (more recent history). As Tom often = points out, you also want to put this in context of *expected* EPS and = revenue growth in the near future by paying attention to earnings = estimates. All pieces of the bigger puzzle. The discrepancies in D/E, ROE and ROA between DGO and Yahoo have to do = with the time periods used for the calculations and also the many = interpretations of both EPS and number of shares outstanding. Here's an = example as to why you will find these differences: Go to MarketGuide and you will see the following EPS numbers for GOSHA: Diluted EPS Excl. Extraordinary items, Diluted EPS Incl. Extra. items, = Pro Forma Basic EPS, Pro Forma Diluted EPS, Basic Normalized EPS, = Diluted Normalized EPS. *ALL* of which differ from the DGO numbers! If = the number of shares and the EPS numbers can be this different and = interpreted in so many ways, you can see why D/E, ROE and ROA would be = so different. D/E =3D Long Term Debt/ Equity ROE =3D Earnings / Equity ROA =3D Earnings / Total Assets Fiddle with the numerator or denominator in any of these and you can = have a gazillion different answers. So...pick one source and just stick with it. Yahoo shows D/E at 61% so not sure where you see "very little debt." = They do list it as "0.61" rather than "61%" so that may be were the = confusion lies. Have fun! Katherine (and who said investing was easy??????!!) References so you can see all this mumbo jumbo yourself.... http://biz.yahoo.com/p/g/gosha.html look to lower right of page for = that 0.61 number http://yahoo.marketguide.com/MGI/mg.asp?target=3D/stocks/companyinformati= on/ratio&Ticker=3DGOSHA ratio comparisons to industry http://yahoo.marketguide.com/MGI/mg.asp?target=3D%2Fstocks%2Fcompanyinfor= mation%2Fincomestmt2Faincomestd&Ticker=3DGOSHA annual income statements http://yahoo.marketguide.com/MGI/mg.asp?target=3D%2Fstocks%2Fcompanyinfor= mation%2Fbalancesheet%2Fabalancestd&Ticker=3DGOSHA balance sheets Note: TTM =3D trailing 12 months, MRQ =3D most recent quarters Here's the DGO definitions DEBT PERCENTAGE: Calculated using fiscal year-end values and dividing the long-term debt = including lease obligations, convertible debt and mortgages by = shareholders' equity.=20 RETURN ON EQUITY PERCENTAGE: Computed by dividing annual income (before extraordinary items, = discontinued operations, cumulative accounting adjustments and = non-recurring items) by an average of the latest fiscal year and the = prior year's stockholders' equity. EARNINGS FIVE-YEAR GROWTH RATE: This item is calculated by using a least squares regression fit over a = 3-to-5 year period of earnings per share based on a trailing = four-quarter count. For example, if a stock is currently in its second = quarter, the first period used in this calculation will consist of the = sum of Q2 + Q1 (of the current fiscal year) plus Q4 +Q3 (of the prior = fiscal year). Each successive period will be based on the next trailing = four quarters of earnings per share. The amount of time used to calculate the Growth Rate is based on two = factors;=20 a.. Availability of data=20 b.. Positive earnings=20 If a stock does not have at least three years of positive earnings = (based on the trailing four-quarter method noted above), an "N/A" will = appear.=20 The amount of time used for this calculation will consist of at least = three years but no more than five years of positive earnings per share. = If a four-quarter period sum is negative, that period and additional = earnings further back in time, will not be used in the calculation of = this data item.=20 SHARES, COMMON OUTSTANDING (IN MILLIONS): The total number of shares issued by the company minus treasury stock.=20 ----- Original Message -----=20 From: Steve F=20 To: canslim@xmission.com=20 Sent: Thursday, January 31, 2002 8:44 AM Subject: [CANSLIM] Oskosh B'gosh gosha I could use some help interpreting the DGO graph for this stock. RS - 91 =20 EPS - 89 Growth Rate 37% These numbers do not seem to correspond to the 'not so great' quarterly growth numbers on the bottom of the graph. Also, looking at the company profile on Yahoo shows almost no debt but the DGO datablock shows 76 %. =20 Note the return on Equity 68%, and return on assets 21% listed on Yahoo profile. Comments appreciated. Steve __________________________________________________ Do You Yahoo!? Great stuff seeking new owners in Yahoo! Auctions!=20 http://auctions.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. ------=_NextPart_000_009C_01C1AA54.97D55580 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
     Hi Steve,

    The 37% growth rate is a 5 year rate of growth in=20 earnings.

    You can do a quick approximation by = taking 1996=20 earnings

    $0.66=20 * (1.37)^5 =3D 3.19 for current year
     
    The=20 discrepancy between the high EPS Ranking and the lousy recent Q over Q = actual=20 EPS numbers show the shortcoming of the EPS Ranking system. That is, = based on 5=20 year earnings growth, the company has outperformed 89% of other stocks. = But=20 recent quarters tell the tale more often than not. That's why WON says = to look=20 at *both* 5 yr growth (old history) and recent QoQ EPS and Revenue = growth (more=20 recent history). As Tom often points out, you also want to put this in = context=20 of *expected* EPS and revenue growth in the near future by paying = attention to=20 earnings estimates. All pieces of the bigger puzzle.
     
    The=20 discrepancies in D/E, ROE and ROA between DGO and Yahoo have to do with = the time=20 periods used for the calculations and also the many interpretations of = both EPS=20 and number of shares outstanding. Here's an example as to why you will = find=20 these differences:
     
    Go=20 to MarketGuide and you will see the following EPS numbers for=20 GOSHA:
    Diluted=20 EPS Excl. Extraordinary items, Diluted EPS Incl. Extra. items, Pro Forma = Basic=20 EPS, Pro Forma Diluted EPS, Basic Normalized EPS, Diluted Normalized = EPS. *ALL*=20 of which differ from the DGO numbers! If the number of shares and the = EPS=20 numbers can be this different and interpreted in so many ways, you can = see why=20 D/E, ROE and ROA would be so different.
     
    D/E=20 =3D Long Term Debt/ Equity
    ROE=20 =3D Earnings / Equity
    ROA=20 =3D Earnings / Total Assets
     
    Fiddle=20 with the numerator or denominator in any of these and you can have a = gazillion=20 different answers.
     
    So...pick=20 one source and just stick with it.
     
    Yahoo=20 shows D/E at 61% so not sure where you see "very little debt." They do = list it=20 as "0.61" rather than "61%" so that may be were the confusion = lies.
     
    Have=20 fun! Katherine (and who said investing was easy??????!!)
     
    References=20 so you can see all this mumbo jumbo yourself....
    http://biz.yahoo.com/p/g/gos= ha.html =20 look to lower right of page for that 0.61 number
    http://yahoo.marketguide.com/MGI/mg.= asp?target=3D/stocks/companyinformation/ratio&Ticker=3DGOSHA = ;ratio=20 comparisons to industry
    http://yahoo.= marketguide.com/MGI/mg.asp?target=3D%2Fstocks%2Fcompanyinformation%2Finco= mestmt2Faincomestd&Ticker=3DGOSHA annual=20 income statements
    http://ya= hoo.marketguide.com/MGI/mg.asp?target=3D%2Fstocks%2Fcompanyinformation%2F= balancesheet%2Fabalancestd&Ticker=3DGOSHA balance=20 sheets
     
    Note:=20 TTM =3D trailing 12 months, MRQ =3D most recent quarters
     
    Here's=20 the DGO definitions
    DEBT=20 PERCENTAGE:
    Calculated using=20 fiscal year-end values and dividing the long-term debt including lease=20 obligations, convertible debt and mortgages by shareholders' equity.=20

    RETURN ON EQUITY=20 PERCENTAGE:
    Computed by dividing=20 annual income (before extraordinary items, discontinued operations, = cumulative=20 accounting adjustments and non-recurring items) by an average of the = latest=20 fiscal year and the prior year's stockholders' = equity.

    EARNINGS = FIVE-YEAR GROWTH=20 RATE:
    This item is calculated by using a least squares regression = fit over a=20 3-to-5 year period of earnings per share based on a trailing = four-quarter count.=20 For example, if a stock is currently in its second quarter, the first = period=20 used in this calculation will consist of the sum of =     Q2 + Q1 (of the current fiscal year) plus Q4 = +Q3 (of the=20 prior fiscal year).  Each successive period will be based on the = next=20 trailing four quarters of earnings per share.

    The amount of time used to calculate = the Growth=20 Rate is based on two factors; 

    • Availability of data=20
    • Positive earnings =

    If a stock does not have at least = three years of=20 positive earnings (based on the trailing four-quarter method noted = above), an=20 "N/A" will=20 appear. 

    The=20 amount of time used for this calculation will consist of at least three = years=20 but no more than five years of positive earnings per share. If a = four-quarter=20 period sum is negative, that period and additional earnings further back = in=20 time, will not be used in the calculation of this data=20 item. 

    SHARES, COMMON = OUTSTANDING (IN=20 MILLIONS):
    The = total number of=20 shares issued by the company minus treasury stock. =

    ----- Original Message -----
    From:=20 Steve = F=20
    Sent: Thursday, January 31, = 2002 8:44=20 AM
    Subject: [CANSLIM] Oskosh = B'gosh=20 gosha

    I could use some help interpreting the DGO graph = for
    this=20 stock.

    RS - 91     
    EPS - = 89
    Growth=20 Rate 37%

    These numbers do not seem to correspond to the 'not=20 so
    great' quarterly growth numbers on the bottom of=20 the
    graph.

    Also,  looking at the company profile on = Yahoo=20 shows
    almost no debt but the DGO datablock shows 76 %.  =

    Note=20 the return on Equity 68%, and return on assets
    21% listed on Yahoo=20 profile.

    Comments =20 = appreciated.

    Steve

    ________________________________________= __________
    Do=20 You Yahoo!?
    Great stuff seeking new owners in Yahoo! Auctions! =
    http://auctions.yahoo.com

    -=
    -To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
    -In= the=20 email body, write "subscribe canslim" or
    -"unsubscribe = canslim".  Do=20 not use quotes in your email. ------=_NextPart_000_009C_01C1AA54.97D55580-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "Tom Worley" Subject: TYC (was Re: [CANSLIM] POOL) Date: 31 Jan 2002 13:46:46 -0500 This is a multi-part message in MIME format. ------=_NextPart_000_0031_01C1AA5D.B94A9DC0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable There will always be those that think it's safe to catch a falling knife = (TYC). With so many questions regarding both its accounting and its = focus/direction, I wish the "blue light shoppers" a lot of luck. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Eric Jaenike=20 To: canslim group=20 Sent: Thursday, January 31, 2002 11:08 AM Subject: [CANSLIM] POOL For those looking to buy (myself not included), POOL (80 96 AAB) = breaking out today on what appears to be good volume. Interesting that a = consolidation play is breaking out after activity in TYC. Eric ----- Do You Yahoo!? Yahoo! Auctions Great stuff seeking new owners! Bid now! ------=_NextPart_000_0031_01C1AA5D.B94A9DC0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
    There will always be those that think it's safe = to catch a=20 falling knife (TYC). With so many questions regarding both its = accounting and=20 its focus/direction, I wish the "blue light shoppers" a lot of=20 luck.
     
    Tom Worley
    stkguru@netside.net
    AIM:=20 TexWorley
    ----- Original Message -----
    From:=20 Eric=20 Jaenike
    Sent: Thursday, January 31, = 2002 11:08=20 AM
    Subject: [CANSLIM] POOL

    For those looking to buy (myself not included), POOL (80 96 AAB) = breaking=20 out today on what appears to be good volume. Interesting that a = consolidation=20 play is breaking out after activity in TYC.

    Eric


    Do You Yahoo!?
    Yahoo= !=20 Auctions Great stuff seeking new owners! Bid=20 now! ------=_NextPart_000_0031_01C1AA5D.B94A9DC0-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: esetser Subject: Re: [CANSLIM] Oskosh B'gosh gosha Date: 31 Jan 2002 18:29:31 -0800 Sorry, Katherine, but your description of the DGO EPS isn't correct. The EPS rank description says the following: "One of the five Investor's Business Daily SmartSelect=99 Corporate Ratings, this is a proprietary formula that incorporates the percentage change in the last two quarters' earnings versus the same quarters a year earlier, the 5-year growth rate and the earnings stability. All components are separately rated and weighted." So EPS rank includes both long and short term growth rates, not just the 5 year rate. =20 Now having said that, I'm not sure I disagree with your conclusion. I think it is important to look at both factors independently and chose stocks with the combination you prefer. I find quite a few stocks with good EPS ranks with so-so to bad recent quarters, and I immediately remove these from my watch lists. At 12:41 PM 1/31/02 -0600, you wrote: > Hi Steve, The 37% growth rate is a 5 year rate of growth in earnings. >You can do a quick approximation by taking 1996 earnings $0.66 * >(1.37)^5 =3D 3.19 for current year The discrepancy between the high EPS >Ranking and the lousy recent Q over Q actual EPS numbers show the >shortcoming of the EPS Ranking system. That is, based on 5 year earnings >growth, the company has outperformed 89% of other stocks. But recent >quarters tell the tale more often than not.=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. ------------------------------------------------------------------------------- From: "ds0781@miesto.sk" Subject: GLOBAL MARKET Date: 31 Jan 2002 18:43:50 -0700 <= /HEAD>
    For Immediate Release

    Cal-Bay (Stock Symbol: CBYI)
    Watch for analyst =22Strong Buy Recommendations=22 and several advisory newsletters p= icking CBYI.   CBYI has filed to be traded on the NASDAQ OTCBB, share prices historically INCREASE when companies get listed on this larger trading ex= hange. CBYI is trading around =24.60=A2 and should skyrocket to =242.66 - =243.25 a share in the near future.   Put CBYI on your watch l= ist, acquire a postion TODAY.

    REASONS TO INVEST IN CBYI

  • A profitable company, NO DEBT and is on track to beat ALL earnings estimates with increased revenue= of 50% annually=21
  • One of the FASTEST growing distributors in environmental & safety equipment instruments.
  • Excellent management team, several EXCLUSIVE contracts.  IMPRESSIVE client list including the U.S. A= ir Force, Anheuser-Busch, Chevron Refining and Mitsubishi Heavy Industries, GE-Energy & Environmental Research.

    RAPIDLY GROWING INDUSTRY 
    Industry revenues exceed =24900 million, estimates indicate that there could be as much as = =2425 billion from =22smell technology=22 by the end of 2003.

    = =

    =21=21=21=21 CONGRATULATIONS =21=21=21=21=21=
    To our subscribers that took advantage of our last recommendation to buy NXLC. = It rallied from =247.87 to =2411.73=21      

    = =

    Unsubscribe HERE

    •  

     

     

     

     

     

     

     

     

     

    Certain statements contained in this news release may be forward-looking statements within the meaning of The Private Securities= Litigation Reform Act of 1995. These statements may be identified by such terms as =22expect=22= , =22believe=22, =22may=22, =22will=22, and =22intend=22 or similar terms. We are= NOT a registered investment advisor or a broker dealer. This is NOT an offer to buy or sell securities. No recommendation that the securities of the companies prof= iled should be purchased, sold or held by individuals or entities that learn of the pr= ofiled companies. We were paid =2427,000 in cash by a third party to publish this report. Investing in companies profiled is high-risk and use of this in= formation is for reading purposes only. If anyone decides to act as an investor, then it= will be that investor's sole risk. Investors are advised NOT to invest witho= ut the proper advisement from an attorney or a registered financial broker. Do= not rely solely on the information presented, do additional independent res= earch to form your own opinion and decision regarding investing in the profiled = companies. Be advised that the purchase of such high-risk securities may result in= the loss of your entire investment. The owners of this publication may already own free trading shares in CBYI and may im= mediately sell all or a portion of these shares into the open market at or about = the time this report is published.  Factual statements are made as of the d= ate stated and are subject to change without notice.  Not intended for= recipients or residents of CA,CO,CT,DE,ID, IL,IA,LA,MO,NV,NC,OK,OH,PA,RI,TN,VA,WA,WV,WI. Void where prohibited. Copyright c 2001

    ******* ------------------------------------------------------------------------------- From: "Katherine Malm" Subject: Re: [CANSLIM] Oskosh B'gosh gosha Date: 31 Jan 2002 19:59:11 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_000D_01C1AA91.C0295A80 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Thanks for pointing that out esetser--real lack of clarity on my part. As we don't know how DGO weights the current quarters vs. 5 years, I've = always looked at the 5 year growth and the current quarters and made my = own "assessment"--I personally place more weight on current quarters = than I believe the EPS numbers do. I do the same thing with the SMR = ratings. I prefer to look at margins, sales growth, ROE separately and = make my own conclusions, as again, we don't know "exactly" how the SMR = ratings weight these components. Sounds like we have similar habits! Katherine ----- Original Message -----=20 From: esetser=20 To: canslim@lists.xmission.com=20 Sent: Thursday, January 31, 2002 8:29 PM Subject: Re: [CANSLIM] Oskosh B'gosh gosha Sorry, Katherine, but your description of the DGO EPS isn't correct. = The EPS rank description says the following: "One of the five Investor's Business Daily SmartSelectT Corporate = Ratings, this is a proprietary formula that incorporates the percentage change = in the last two quarters' earnings versus the same quarters a year = earlier, the 5-year growth rate and the earnings stability. All components are separately rated and weighted." So EPS rank includes both long and short term growth rates, not just = the 5 year rate. =20 Now having said that, I'm not sure I disagree with your conclusion. I think it is important to look at both factors independently and chose stocks with the combination you prefer. I find quite a few stocks = with good EPS ranks with so-so to bad recent quarters, and I immediately = remove these from my watch lists. At 12:41 PM 1/31/02 -0600, you wrote: > Hi Steve, The 37% growth rate is a 5 year rate of growth in = earnings. >You can do a quick approximation by taking 1996 earnings $0.66 * >(1.37)^5 =3D 3.19 for current year The discrepancy between the = high EPS >Ranking and the lousy recent Q over Q actual EPS numbers show the >shortcoming of the EPS Ranking system. That is, based on 5 year = earnings >growth, the company has outperformed 89% of other stocks. But recent >quarters tell the tale more often than not.=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. ------=_NextPart_000_000D_01C1AA91.C0295A80 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
    Thanks for pointing that out esetser--real lack of clarity on = my=20 part.
     
    As we don't know how DGO weights the current quarters vs. 5 years, = I've=20 always looked at the 5 year growth and the current quarters and made my = own=20 "assessment"--I personally place more weight on current quarters than I = believe=20 the EPS numbers do. I do the same thing with the SMR ratings. I prefer = to look=20 at margins, sales growth, ROE separately and make my own conclusions, as = again,=20 we don't know "exactly" how the SMR ratings weight these components. = Sounds like=20 we have similar habits!
     
    Katherine
    ----- Original Message -----
    From:=20 esetser
    Sent: Thursday, January 31, = 2002 8:29=20 PM
    Subject: Re: [CANSLIM] Oskosh = B'gosh=20 gosha

    Sorry, Katherine, but your description of the DGO EPS = isn't=20 correct.  The
    EPS rank description says the = following:

    "One of=20 the five Investor's Business Daily SmartSelectT Corporate = Ratings,
    this is=20 a proprietary formula that incorporates the percentage change = in
    the last=20 two quarters' earnings versus the same quarters a year earlier,
    the = 5-year=20 growth rate and the earnings stability. All components = are
    separately rated=20 and weighted."

    So EPS rank includes both long and short term = growth=20 rates, not just the 5
    year rate. 

    Now having said = that, I'm=20 not sure I disagree with your conclusion.  I
    think it is = important to=20 look at both factors independently and chose
    stocks with the = combination=20 you prefer.  I find quite a few stocks with
    good EPS ranks = with so-so=20 to bad recent quarters, and I immediately remove
    these from my = watch=20 lists.


    At 12:41 PM 1/31/02 -0600, you=20 wrote:
    >    Hi Steve,  The 37% growth rate = is a 5=20 year rate of growth in  earnings.
    >You can do a quick = approximation=20 by taking 1996  earnings  $0.66  *
    >(1.37)^5 =3D = 3.19 for=20 current year   The  discrepancy between the high=20 EPS
    >Ranking and the lousy recent Q over Q actual  EPS = numbers show=20 the
    >shortcoming of the EPS Ranking system. That is, based on = 5 =20 year earnings
    >growth, the company has outperformed 89% of other = stocks.=20 But  recent
    >quarters tell the tale more often than not.=20


    -
    -To subscribe/unsubscribe, email "majordomo@xmission.com"
    -In= the=20 email body, write "subscribe canslim" or
    -"unsubscribe = canslim".  Do=20 not use quotes in your email. ------=_NextPart_000_000D_01C1AA91.C0295A80-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Spencer48@aol.com Subject: Re: [CANSLIM] Oskosh B'gosh gosha Date: 31 Jan 2002 21:56:16 EST Katherine: I've always wondered how WON could-in all analytical good conscience-lump Sales+(Profit) Margins+ROE together. One of those equations being CANSLIM does not mean that all of them are. For instance, you can have fine profit margins, but lousy sales growth (because margins are so robust). Also, ROE has little (at least I can't think of any) relationship to Sale or Profits-except, perhaps, that ROE uses Net Income in the numerator. Thus a stock can have fine Sales and Margins, but a laggard ROE. jans In a message dated 1/31/2002 8:58:51 PM Eastern Standard Time, kmalm@earthlink.net writes: << ...I do the same thing with the SMR ratings. I prefer to look at margins, sales growth, ROE separately and make my own conclusions, as again, we don't know "exactly" how the SMR ratings weight these components. Sounds like we have similar habits! >> - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: "John Adair" Subject: RE: [CANSLIM] how can non-US residents trade US stocks Date: 31 Jan 2002 22:22:55 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_0000_01C1AAA5.D5330160 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: 7bit Hi Tom do you mind telling me who you use for a broker. I am looking to find a broker more reasonable than Schwab. -----Original Message----- [mailto:owner-canslim@lists.xmission.com]On Behalf Of Tom Worley Sent: Wednesday, January 30, 2002 4:59 AM Hi Khalifa, I believe schwab operates worldwide. You might want to try them. Their trades are more expensive ($30) but generally I have found them reliable. http://www.schwab.com/ Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message ----- Sent: Wednesday, January 30, 2002 4:56 AM Hi all, I have only one question I want the member of this list to help me in finding the answer.My question is how can non-US residents trade american stocks?Iwant to know brokers online can accept applicants from overseas.I try etrade.com but it want social security number and applocant must be us residents. Please if you know any broker online can accept non american to participate in stock markets give me the web address. Thanks all in advance. khalifa _____ MSN Photos is the easiest way to share and print your photos: Click Here - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------=_NextPart_000_0000_01C1AAA5.D5330160 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable

    Hi= Tom do you mind telling me who you use for a broker. I am looking to find a = broker more reasonable than Schwab.

     

    -----Original Message-----
    From: owner-canslim@lists.xmission.com = [mailto:owner-canslim@lists.xmission.com]On Behalf Of Tom Worley
    Sent: Wednesday, January = 30, 2002 4:59 AM
    To: = canslim@lists.xmission.com
    Subject: Re: [CANSLIM] = how can non-US residents trade US stocks

     

    Hi Khalifa,

     <= /p>

    I believe schwab operates worldwide. You might want to try them. Their = trades are more expensive ($30) but generally I have found them = reliable.<= /p>

     <= /p>

    http://www.schwab.com/<= font color=3Dblack><= /p>

     <= /p>

    Tom Worley
    stkguru@netside.net
    AIM: TexWorley

    ----- Original Message -----

    From: K.M Omer =

    =

    To: canslim@lists.xmission.com

    Sent: Wednesday, = January 30, 2002 4:56 AM

    Subject: [CANSLIM] how can non-US residents trade US stocks

     <= /p>

     <= /p>

    Hi = all, <= /p>

    I = have only one question I want the member of this list to help me in finding the = answer.My question is how can non-US residents trade american stocks?Iwant to know brokers online can accept applicants from overseas.I try etrade.com but = it want social security number and applocant must be us = residents.<= /p>

     Please if you know any broker online can accept non american to participate in = stock markets give me the web address.<= /p>

    Thanks all in advance.

    khalifa<= /p>


    <= /p>

    MSN Photos is the easiest way to share and print your photos: Click Here
    - -To subscribe/unsubscribe, email "majordomo@xmission.com" = -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email.     <= /p>

    ------=_NextPart_000_0000_01C1AAA5.D5330160-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. ------------------------------------------------------------------------------- From: Ronald 9 Davis Subject: [CANSLIM] reasonalble brokers Date: 31 Jan 2002 23:24:21 -0600 This is a multi-part message in MIME format. ------=_NextPart_000_00A9_01C1AAAE.69D3BC80 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable John, I don't know how often you trade, however, = www.interactivebrokers.com is probably the most reasonable available. = They cater to day traders, pay no interest on the first $10,000 of idle funds, and the last I heard, they don't = allow you to reinvest sale proceeds immediately after having made a = sale. I have only made a few trades with them because I am still busy = developing a systematic swingtrading plan. when I complete my plan, I = will be trading several times a day, and their inexpensive commissions, = will really be a benefit. A few people at our Saturday Brookhaven = meetings use Interactive Brokers. Ron Davis, a former Okie. ------=_NextPart_000_00A9_01C1AAAE.69D3BC80 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
    John, I don't know how often you trade, = however, www.interactivebrokers.com= is=20 probably the most reasonable available.  They cater to day traders, = pay no=20 interest
    on the first $10,000 of idle funds, and = the last I=20 heard, they don't allow you to reinvest sale proceeds immediately after = having=20 made a sale.  I have only made a few trades with them because I am = still=20 busy developing a systematic swingtrading plan.  when I complete my = plan, I=20 will be trading several times a day, and their inexpensive commissions, = will=20 really be a benefit.  A few people at our Saturday Brookhaven = meetings use=20 Interactive Brokers.   Ron Davis, a former=20 Okie.
    ------=_NextPart_000_00A9_01C1AAAE.69D3BC80-- - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email.