From: canslim-owner@xmission.com (canslim Digest) To: canslim-digest@xmission.com Subject: canslim Digest V1 #149 Reply-To: canslim@xmission.com Sender: canslim-owner@xmission.com Errors-To: canslim-owner@xmission.com Precedence: canslim Digest Monday, April 21 1997 Volume 01 : Number 149 In this issue: [CANSLIM] New virus Re: [CANSLIM] Weekly Result of Jame's 4/4/97 stock picks Re: [CANSLIM] The New Top Five Re: [CANSLIM] Quick Pick Analysis [CANSLIM] Derek's STIX Charts [CANSLIM] Greetings [CANSLIM] auto stox [CANSLIM] Testing A System -Winners this week Re: [CANSLIM] Derek's STIX Charts [CANSLIM] Health, Leadership of the Market Re: [CANSLIM] The New Top Five Re: [CANSLIM] auto stox Re: [CANSLIM] Greetings Re: [CANSLIM] Testing A System -Winners this week Re: [CANSLIM] Testing A System -Winners this week [CANSLIM] Miscellaneous market stuff [CANSLIM] Oops RE: [CANSLIM] New virus Re: [CANSLIM] New virus Re: [CANSLIM] Miscellaneous market stuff Re: [CANSLIM] Miscellaneous market stuff [CANSLIM] Duplicated postings [CANSLIM] Neat New Website Re: [CANSLIM] Miscellaneous market stuff [CANSLIM] MSON Re: [CANSLIM] Neat New Website Re: [CANSLIM] Neat New Website Re: [CANSLIM] New virus [CANSLIM] High Priced Stock Now Low Priced [CANSLIM] MLHR [CANSLIM] Hot Shot Analysts - Hot Predictions! Re: [CANSLIM] MLHR [CANSLIM] RE: Hot Shot Analysists... AMD Re: [CANSLIM] MLHR [CANSLIM] Fw: Full Closing Bell @ 04/21/97 (3 stories) See the end of the digest for information on subscribing to the canslim or canslim-digest mailing lists and on how to retrieve back issues. ---------------------------------------------------------------------- Date: Sun, 20 Apr 1997 10:57:08 -0400 From: "Tom Worley" Subject: [CANSLIM] New virus Was just alerted to a new virus which deletes your files. Origin indicated as aol4free.com and displays a window once it starts showing the files being deleted. tom w ------------------------------ Date: Sun, 20 Apr 1997 10:53:14 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] Weekly Result of Jame's 4/4/97 stock picks I noted that O'Neill in his presentation on Saturday even seemed to encourage looser stops if you are going to be in this market, altho still stressing the correct entry point with an 8% stop from there. tom w - ---------- > From: GoldFish > To: canslim@mail.xmission.com > Subject: [CANSLIM] Weekly Result of Jame's 4/4/97 stock picks > Date: Sunday, April 20, 1997 3:31 AM > > May be that is why Jame is yelling to use 15% stop loss instead of > 7% or 8% stop loss. But it is too arbitary, subjective, artistic... > I learned Bolinger (sp?) Band last week. He uses > one standard deviation on the moving average (200 days, 100 days..). > It seems to be a good idea than the hard limit 7%. Just a thought > to share with you folks! > > > -- > GoldFish > "Every stock is a bad stock..." ------------------------------ Date: Sun, 20 Apr 1997 10:50:21 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] The New Top Five I'm sorry to hear your sad news, Johan. It sounds like you had a good relationship with her, and she will be missed. tom w - ---------- > From: Johan Van Houtven > To: canslim@mail.xmission.com > Subject: Re: [CANSLIM] The New Top Five > Date: Saturday, April 19, 1997 3:00 PM > > I'm sad to say that my mother-in-law (who btw was the best mother-in-law I > could ever have hoped for or imagined) has passed away. > > > > Johan Van Houtven > CLICK! N.V. / Wilrijk, Belgium ------------------------------ Date: Sun, 20 Apr 1997 15:05:37 -0400 From: "Craig A. Griffin" Subject: Re: [CANSLIM] Quick Pick Analysis Michael, At 07:04 PM 4/18/97, you wrote: >Group, > After all I've read from this group, I see I'm not the only one with >little to no time. So when I read that WON takes about 30 mins. each morn >to review IBD (this info was gathered from his AOL chat session posted >here), I tried to emulate. I think that is a worthwhile endeavor (using limited time to pursue Canslim successfully). And I think that with DG's online and a breakout notification service of some sort (pager or Internet watchlist notification), it should be possible to pursue from Germany (with minimal time invested). It is something I have been struggling towards: a minimalist approach to practicing CANSLIM (say 4-12 hours a week). Pittbull tries to accomplish this, but I think he uses too limited an approach. Regards, Craig PS. Congrats on KNGT. Looks like "so far so good" on the chart. ------------------------------ Date: Sun, 20 Apr 1997 15:16:34 -0400 From: "Craig A. Griffin" Subject: [CANSLIM] Derek's STIX Charts Derek, I notice that your STIX charts are beginning to reach the same range on the NASDAQ as they had in July of last year. Also appears that they haven't been updated for a week or two on your website. What is your reading of them now? By the way, I notice that HMX has done well since you featured it on your webpage a couple of weeks back. Congratulations. Regards, Craig PS. To see Derek's NASDAQ chart, browse http://www.geocities.com/WallStreet/7422/STIXNDQ.gif To see his homepage, browse http://www.geocities.com/WallStreet/7422/ ------------------------------ Date: Sun, 20 Apr 1997 13:26:36 -0700 From: leojung Subject: [CANSLIM] Greetings Hello. I would like to introduce myself to the group. I have been lurking and learning for a while now. I have been investing in various things since the early 1970's, including silver, stocks, options, and mutual funds with various degrees of success. I have a strong scientific inclination, and formal education in medicine, electronics, gems, and computer science. I like learning, founded Mensa in B.C. and have the dubious distinction of having won a full scholarship to MIT, and then being too shy to attend! I was very young at the time. I am currently informally studying the syllabus of the CFA exam and learning the WON approach. It makes a lot of sense to me. I have a solid acquaintance with neural nets, genetic algorithms, chaos theory, and more esoteric approaches to trading, including arbritrage theory and ideas espoused by Soros such as reflexivity. And I live in the land of the wild west - the Vancouver Stock Exchange! But that's a different story. If any of you are interested, drop me a line and I'll send you stories to curl your hair! Of the many technical and fundamental approaches, WON's seems like one of the best combinations I have encountered. Now that I have said my piece, I will return to lurking and waiting for 'M' (though it seems like waiting for Godot).  ------------------------------ Date: Sun, 20 Apr 1997 16:43:11 -0400 From: Michael A Langston Subject: [CANSLIM] auto stox check out these G numbers: group rel str \ date 4/18 4/11 4/4 3/28 3/21 3/14 3/7 2/28 AUTO MFRS -DOMESTIC 8 8 7 8 19 15 14 26 AUTO MFRS -FOREIGN 87 87 94 90 70 64 63 51 thus domestic autos have a slightly negative group speed, while foreign auots have a very positive group speed -- yea, i know, you gotta figure in the dollar and differing economic cycles -- nevertheless, this dichotomy doesn't seem quite right to me unless we're recession bound, C and F for example are probably worth the dividend alone here -- and if we are recession bound, owning foreign auto stox ain't gonna be a bed of roses comments welcomed, i'm no auto expert, just wondering if this might be a possible market inefficiency mike p.s. credit for #s to bob klasky, who posts them weekly on delphi ------------------------------ Date: Sun, 20 Apr 1997 17:50:14 -0500 From: James Adams Subject: [CANSLIM] Testing A System -Winners this week This past Monday I decided to test a selection method using DGs. Here is the criteria: 1) The RS >90 2) The RS line had moved up at=20 least one line on the "X" price scale from the previous week=20 and was still rising. 3) EPS >80 4) Timeliness A 5) Acc/Dis A/B 6) Below 52week high. Here's the picks that I made based on the abov criteria and how they did = this week.I'm trying to determine if there is a pattern. My DGs run out = this week so the one I recieve tomorrow will be the last one.Any = comments appreciated. RS EPS Time A/D Off52wk $Change SECP 90 95 A B 4% 5.50=09 MACD 95 96 A A 4% 4.27=09 RHBC 93 82 A B 40% 1.50=09 ORBKF 96 98 A A 10% 0.50=09 FESX 92 82 A B 8% 0.13=09 PRFN 91 99 A A 0% 0.00=09 MCCO 92 94 A B 20% -1.38=09 GDMI 97 97 A A 27% -2.13=09 Jim Adams..........................Maysville, KY USA http://www.cris.com/~jimadams/ ------------------------------ Date: Sun, 20 Apr 1997 18:59:13 -0400 From: derek b Subject: Re: [CANSLIM] Derek's STIX Charts Ask and ye shall receive. The Nasdaq and NYSE STIX Advance / Decline indicator charts are now up-to-date. These are breadth indicators for M strength / weakness. Failure to bounce off support in the Nasdaq STIX got me out of the market about a month ago. The STIX for NYSE continues to look healthier than Nasdaq. I would have preferred a deeper correction in the Nasdaq to set up for a powerful upturn, as happened with the double bottom last July. Currently, the Naz STIX is wiggling around the 45 blue line. A powerful break of that line is normally considered a buy signal. But, I'm not convinced yet. I continue to feel that risk in the Naz is exceptionally high, more tradeable plays are available on the NYSE. I decided to try the 3-letter stock breakouts, and am currently holding a small position in HMX for a current 17% gain. Derek > I notice that your STIX charts are beginning to reach the same range on the > NASDAQ as they had in July of last year. Also appears that they haven't > been updated for a week or two on your website. What is your reading of > them now? > > By the way, I notice that HMX has done well since you featured it on your > webpage a couple of weeks back. Congratulations. > > Regards, > Craig > > PS. To see Derek's NASDAQ chart, browse > http://www.geocities.com/WallStreet/7422/STIXNDQ.gif > To see his homepage, browse > http://www.geocities.com/WallStreet/7422/ ------------------------------ Date: Sun, 20 Apr 1997 20:11:40 -0400 From: "Tom Worley" Subject: [CANSLIM] Health, Leadership of the Market When the mkt is confused, and leadership uncertain, one thing I do occasionally is review the stocks hitting new highs to see if there is a pattern. Well, I did that this weekend, and results were not encouraging. Fully a third of the new highs on NASDAQ came from thinly traded (I'm talking about an avg of 8000 or so, or less, shares a day) regional banks. Most of them showed an EPS down in the 50 level or so. In addition there were a number of retail stocks, many of which also showed poor CANSLIM characteristics. I was also looking for another DS type situation, you know, solid co, sitting at its highs, earnings due with the potential for beating estimates and gapping up 5 pts or so in a day. Did find one that is somewhat amazing, EPS 1, a/d E, no RS yet (recent IPO), vol falling (avg is 158K, Friday was 38K and hit new high). Good example of why recent IPO issues are unpredictable. Almost a straight spike from its issue at 15 to nearly 19. Here are the ones I found that I considered worth the cost of paper and printer ink to print, none are great, all have at least decent CANSLIM characteristics: DF, SNS, HMX (low priced), CPWR (been mentioned here before), MAVK, STGE (weak EPS at 40 but current earnings projected up 65%), MACD (mentioned here before, extended but looks strong), MFAC (despite a ratings cut on Friday still looks good, a pick by a novice here, good example of how we can learn from everyone), RHBC, SLGN (technically looks good but vol erratic, avg is 184K, hit a new high Friday on 6,100 shares with no short position indicated!). I also reviewed DG's list of top groups and was not encouraged there either, it only confirmed what I saw from looking at new highs. Top ten groups as of Friday were Shoes and rel apparel; Banks-west; Finance-investment bkrs; Banks-southeast; Retail-discount&variety; Banks-northeast; Beverages-soft drinks; Finance-savings & loan; Transportation -truck; Food - dairy products. The first "tech" group (Elec -semiconductor equip) didn't show up till 12th place, where it had fallen from 4th.The next "tech" was in 23rd place (Elec-semiconductor mfg) down from 21st, followed by Computer - Memory devices in 46th place, down from 34th. These were the only "tech" groups in the top 50. While the notes on WON's speech at the Marriott suggested to me that he thinks we are close to the bottom of this correction, I could not find support so far in the leading groups or new highs. I also reviewed the Market Indicator Charts for both NYSE and NASDAQ. Neither are overbought right now, in fact NASDAQ is mildly oversold. Up/down vol appears to be trying to find some equilibrium on both exchanges, but new hi/low on NASDAQ remains ugly. Yeah, I know, I changed my approach to reviewing the market. Call me zany and unpredictable, OK? Besides, if I took my usual approach, I would just repeat myself, you know dollar strong, gold bearish, rate hike coming and bonds not adjusting, blah, blah, blah. Money flow into mutual funds continues to slow, and shift from stock funds to bond funds continues. No surprise, small cap and tech funds show the worst nrs, big caps benefiting. International funds appear the strongest, after fixed income funds, where hi yield funds came out on top. Got no requests for earnings estimates for stocks reporting next week, so will discontinue offering this, apparently all have sufficient info already. Have a great week tom w Any opinions are strictly my own and not that of my employer. My comments are based on a variety of sources and are intended strictly to assist and inform. In no way am I suggesting a buy, sell, or hold decision based on my comments or observations. I always urge an investor to do his or her own homework, and be sure the risk of the market can be tolerated and any losses accepted gracefully. ------------------------------ Date: Sun, 20 Apr 1997 20:50:45 +0100 From: Joan Sherman Subject: Re: [CANSLIM] The New Top Five Please accept my condolences to you and your wife's family on the loss of her mom. Joan Sherman Joan Sherman, /\~~~/\ Babe and /\~/\ /\~/\ and > < Lucky, ^ ^ ^ ^ Courtney and > * * < our Clapton, a Tabby Samoyeds and a Maine Coon Help support animal rescue ------------------------------ Date: Sun, 20 Apr 1997 20:45:32 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] auto stox If I recall right, the major US mfr's all reported decent to better than expected earnings as well. On the other hand, there was a story Friday involving at least one major mfr talking to congress about the problems being caused by the strong dollar and how they are losing mkt share just as they were starting to catch up to Japan. For some reason, they didn't seem as concerned about European mfr's, I guess just on sheer nrs and quantity of cars Japan is the bigger problem. Seems like the classic "don't think the growth in earnings and sales can continue" scenario. tom w - ---------- > From: Michael A Langston > To: canslim@mail.xmission.com > Subject: [CANSLIM] auto stox > Date: Sunday, April 20, 1997 4:43 PM > > thus domestic autos have a slightly negative group speed, while > foreign auots have a very positive group speed -- yea, i know, > you gotta figure in the dollar and differing economic cycles -- > nevertheless, this dichotomy doesn't seem quite right to me > > unless we're recession bound, C and F for example are probably > worth the dividend alone here -- and if we are recession bound, > owning foreign auto stox ain't gonna be a bed of roses > weekly on delphi ------------------------------ Date: Sun, 20 Apr 1997 20:53:28 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] Greetings Welcome, Leo, hope you enjoy the group. I think you are light years ahead of me in some of the more "esoteric" approaches to the mkt, every time I tried to understand them I fell asleep! Fortunately for me, CANSLIM isn't as complicated or requires as much formula, it's more a philosophy than a science, IMHO. And thanks for the offer, but those "Vancouver" stories have already turned my curly hair into straight wiry brush! Don't need any more nightmares, still can't imagine how I missed out on Bre-X. tom w - ---------- > From: leojung > To: canslim@mail.xmission.com > Subject: [CANSLIM] Greetings > Date: Sunday, April 20, 1997 4:26 PM > > I have a solid acquaintance with neural nets, genetic algorithms, > chaos theory, and more esoteric approaches to trading, including > arbritrage theory and ideas espoused by Soros such as reflexivity. > > And I live in the land of the wild west - the Vancouver Stock > Exchange! But that's a different story. If any of you are > interested, drop me a line and I'll send you stories to curl > your hair! > ------------------------------ Date: Sun, 20 Apr 1997 21:28:48 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] Testing A System -Winners this week Here's an update based on the new DG charts (I love DG online!) If your data remained the same, no entry. RS EPS TIME A/D U/D GRS VOL COMMENT SECP 92 2.2 92 dwn MACD 97 3.8 66 up thinly traded RHBC 96 2.1 33 dwn ORBKF 95 1.2 88 dwn FESX 93 81 1.2 95 dwn PRFN 93 2.1 95 ---- very thinly traded MCCO 89 B D 1.1 4 dwn, strong downtrend on chart GDMI 96 B B 1.9 87 dwn MCCO should definitely drop off your list, not sure how it made it there in first place. GDMI is weakening, and the rest are not showing pos vol indicators altho the CANSLIM characteristics are good. MACD and RHBC both showed up on charts I was reviewing this weekend, MACD however thinly traded. Both could also be held back by weak group RS. The chart on SECP did not indicate a $5.50 gain for the week. tom w - ---------- From: James Adams To: 'Canslim Group' Subject: [CANSLIM] Testing A System -Winners this week Date: Sunday, April 20, 1997 6:50 PM This past Monday I decided to test a selection method using DGs. Here is the criteria: 1) The RS >90 2) The RS line had moved up at 3) EPS >80 4) Timeliness A 5) Acc/Dis A/B 6) Below 52week high. ------------------------------ Date: Sun, 20 Apr 1997 22:11:20 -0500 From: Jimmy Sorrells Subject: Re: [CANSLIM] Testing A System -Winners this week James Adams wrote: > > This past Monday I decided to test a selection method using DGs. > Here is the criteria: ... > 6) Below 52week high. Why below 52 week high? Why not choose those making new high? How much below the high are you looking for? Was the $Change the change from your buy price? What is your strategy for selling those with negative change in price? Thanks for the information. Jimmy Sorrells ------------------------------ Date: Sun, 20 Apr 1997 19:56:25 -0800 From: pwahl@postoffice.worldnet.att.net Subject: [CANSLIM] Miscellaneous market stuff Here is some of the stuff I noticed while going over charts this weekend (tom, you aren't the only one that does that). I agree with James that most of the stuff looks pretty bad. Intel looks like it is forming what Trader Vic (Sperandeo) calls a 1-2-3 pattern. 1 is violation of a trendline, 2 is a retest of the trendline, 3 is a break above the high made when the trendline is initially broken. If I'm reading this right, which isn't certain, Intel would have to clear 150 or so to be a buy under this 123 scenario. Ascend is sitting right on long term support. This is definitely non-canslim type stuff, but anyone who likes to bottom fish, this would be the place for ASND. Minimal risk because if it drops down to around 37, you can figure that support didn't hold. Pre-Paid Legal had earnings out this week that were pretty good, probably in-line with expectations. If they keep cranking out earnings the way they have been, eventually the stock should get rolling. THe p/e is quite a bit below the growth rate. Don't know if this is because of overall market environment or just skepticism about the company. Encad also had good earnings, didn't do anything for the stock, pattern a bit choppy. The DJ Utility average would seem to have support at 205. If it broke that, I would say look out below for the market. The NASDAQ shows support at 1200. Has rallied back up since hitting that point a week or two ago. Some stocks that have held up pretty well through recent market decline are Imax Corp, Adaptec, Ballantyne, MRV Communications Oxford Health. MRVC reported good earnings again this week, up 100%. Thats it ------------------------------ Date: Sun, 20 Apr 1997 20:55:14 -0800 From: pwahl@postoffice.worldnet.att.net Subject: [CANSLIM] Oops Oops, I think I said MRVC reported earnings, but don't believe they have reported them yet. ------------------------------ Date: Mon, 21 Apr 1997 21:54:19 -0700 From: Joseph Vaughn-Perling Subject: RE: [CANSLIM] New virus Its likely a hoax, but then again, who would bother to run a file called AOL4Free.com anyway? For details check out http://www.kumite.com/myths/myths/myth031.htm - ---------- From: Tom Worley [SMTP:stkguru@netside.net] Sent: Sunday, April 20, 1997 7:57 AM To: Jacques Ferron; CANSLIM Subject: [CANSLIM] New virus Was just alerted to a new virus which deletes your files. Origin indicated as aol4free.com and displays a window once it starts showing the files being deleted. tom w ------------------------------ Date: Mon, 21 Apr 1997 02:23:18 -0400 (EDT) From: Zoran Mitrovski Subject: Re: [CANSLIM] New virus Just got back from a great weekend in NYC. On viruses, just got this hot over the wire: If you receive an e-mail with a subject of "Badtimes," delete it immediately WITHOUT reading it. This is the most dangerous Email virus yet. It will re-write your hard drive. Not only that, but it will scramble any disks that are even close to your computer. It will recalibrate your refrigerator's coolness setting so all your ice cream goes melty. It will demagnetize the strips on all your credit cards, screw up the tracking on your VCR and use subspace field harmonics to scratch any CD's you try to play. It will give your ex-boyfriend/girlfriend your new phone number. It will mix Kool-aid into your fishtank. It will drink all your beer and leave its socks out on the coffee table when there's company coming over. It will put a dead kitten in the back pocket of your good suit pants and hide your car keys when you are late for work. Badtimes will make you fall in love with a penguin. It will give you nightmares about circus midgets. It will pour sugar in your gas tank and shave off both your eyebrows while dating your current boyfriend/girlfriend behind your back and billing the dinner and hotel room to your Visa card. It will seduce your grandmother. It does not matter if she is dead, such is the power of Badtimes, it reaches out beyond the grave to sully those things we hold most dear. It moves your car randomly around parking lots so you can't find it. It will kick your dog. It will leave libidinous messages on your boss's voice mail in your voice! It is insidious and subtle. It is dangerous and terrifying to behold. It is also a rather interesting shade of mauve. Badtimes will give you Dutch Elm disease. It will leave the toilet seat up. It will make a batch of Methamphetamine in your bathtub and then leave bacon cooking on the stove while it goes out to chase gradeschoolers with your new snowblower. These are just a few signs... Just be very careful! Cheers, Zoran http://www.seas.rochester.edu:8080/ee/users/zmitrov/home.html ------------------------------ Date: Mon, 21 Apr 1997 07:11:00 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] Miscellaneous market stuff In a rising interest rate environment, expect utilities to fall (higher yields on bonds become more attractive). MRVC due to report 4/29, forecast for this year is .80, up 74%. Last four qtrs were all up over 100%. Despite that, RS is 44 and group RS is 34. U/D is a neutral at 0.8. Go figure. I think one problem PPD has is the exchange where it is listed. Don't know why good profitable cos stay on AMEX. Can't agree with you on ASND, with an u/d of 0.6, and no nearby base, I see no support for it yet. Same basic comment on PPD, chart doesn't show it reversing current downtrend to me. tom w - ---------- > From: pwahl@postoffice.worldnet.att.net > To: canslim@mail.xmission.com > Subject: [CANSLIM] Miscellaneous market stuff > Date: Sunday, April 20, 1997 11:56 PM > > Pre-Paid Legal had earnings out this week that were pretty good, > probably in-line with expectations. If they keep cranking out > earnings the way they have been, eventually the stock should get > rolling. THe p/e is quite a bit below the growth rate. Don't know > if this is because of overall market environment or just skepticism > about the company. > > The DJ Utility average would seem to have support at 205. If it > broke that, I would say look out below for the market. > > Some stocks that have held up pretty well through recent market > decline are Imax Corp, Adaptec, Ballantyne, MRV Communications Oxford > Health. MRVC reported good earnings again this week, up 100%. > > Thats it ------------------------------ Date: Mon, 21 Apr 1997 07:56:13 -0500 From: "Brenda" Subject: Re: [CANSLIM] Miscellaneous market stuff TOM! Is senility already setting in? How quickly you forget! Have you alreadry forgotten? Interest rates rising? NO SHE SAID! No increase at the next meeting and a decrease by the end of the year! And when was she last wrong? Get a grip. Have a good day all! James - ---------- > From: Tom Worley > To: canslim@mail.xmission.com > Subject: Re: [CANSLIM] Miscellaneous market stuff > Date: Monday, April 21, 1997 6:11 AM > > In a rising interest rate environment, expect utilities to fall > (higher yields on bonds become more attractive). ------------------------------ Date: Mon, 21 Apr 1997 08:18:58 -0600 From: jeff@scrooge.idec.sdl.usu.edu (Jeff Salisbury) Subject: [CANSLIM] Duplicated postings Tom, I initially noticed the duplicated postings, but was then releived when you "confessed" that your ISP stumbled :^). Since it appears that all the dups were not your ISP's problem, I will see if I can track down the problem. I've received no notice from Xmission of any problems, but I will ask. As of today (Monday), I haven't noticed any dups since Saturday. Best Regards, Jeff ------------------------------ Date: Mon, 21 Apr 1997 11:06:37 -0400 From: "Craig A. Griffin" Subject: [CANSLIM] Neat New Website Don't know where this came from, if it has already been posted to the list, please excuse. Otherwise, take a look at this site --- http://www.dailystocks.com/ It is great! Links to earnings calendar, stock splits, gov't reports due, earnings surprises, insider trading, and more. All as though it is just one site (ie. it takes to to the "meat" of the linked site, not just the frontpage. Take a look. ------------------------------ Date: Mon, 21 Apr 1997 08:22:30 -0800 From: pwahl@postoffice.worldnet.att.net Subject: Re: [CANSLIM] Miscellaneous market stuff > From: "Tom Worley" > I think one problem PPD has is the exchange where it is listed. > Don't know why good profitable cos stay on AMEX. Agree on the AMEX. Rarely look at stocks there, the AMEX seems to attract a bunch of riff-raff, but can't exclude every stock over there just on the basis of where it is listed. > Can't agree with you on ASND, with an u/d of 0.6, and no nearby > base, I see no support for it yet. Same basic comment on PPD, chart > doesn't show it reversing current downtrend to me. Think we are using the word support in different ways regarding ASND. Look back to about July 24, 1996 and you will see that price briefly went down to 39, and again on April 4 of this year, and then again last week. Buyers have stepped in and bought Ascend at 39 twice in the last 8 months, therefore 39 is support by my definition of that word. Given the overall weakness in the networking group and the Cascade acquisition hanging over its head, would not expect any big bounce here even if ASND did hold at 39. Patrick Wahl ------------------------------ Date: Mon, 21 Apr 1997 17:46:12 +0200 From: Johan Van Houtven Subject: [CANSLIM] MSON MSON CANSLIM stock breaking out to new high as I right. Sorry, do not have the time at the moment to look up the CANSLIM nrs. - --- Johan Van Houtven ------------------------------ Date: Mon, 21 Apr 1997 10:54:22 -0500 From: "Brenda" Subject: Re: [CANSLIM] Neat New Website Thanks for the site. Wondered what I was going to do today since I didn't have anything else planned. How long did you spend there? What site did you find the most interesting and possibly helpful with your investment style. Printer has been printing for the last 15 minutes and is still going. Looks like I've got a lot of reading to do. Oh well, once again, Thanks Craig! James - ---------- > From: Craig A. Griffin > To: canslim@xmission.com > Subject: [CANSLIM] Neat New Website > Date: Monday, April 21, 1997 10:06 AM > > Don't know where this came from, if it has already been posted to the list, > please excuse. Otherwise, take a look at this site --- > http://www.dailystocks.com/ > ------------------------------ Date: Mon, 21 Apr 1997 10:54:22 -0500 From: "Brenda" Subject: Re: [CANSLIM] Neat New Website Thanks for the site. Wondered what I was going to do today since I didn't have anything else planned. How long did you spend there? What site did you find the most interesting and possibly helpful with your investment style. Printer has been printing for the last 15 minutes and is still going. Looks like I've got a lot of reading to do. Oh well, once again, Thanks Craig! James - ---------- > From: Craig A. Griffin > To: canslim@xmission.com > Subject: [CANSLIM] Neat New Website > Date: Monday, April 21, 1997 10:06 AM > > Don't know where this came from, if it has already been posted to the list, > please excuse. Otherwise, take a look at this site --- > http://www.dailystocks.com/ > ------------------------------ Date: Mon, 21 Apr 1997 23:54:13 GMT+7 From: Peter Christiansen Subject: Re: [CANSLIM] New virus ** Reply to note from Zoran Mitrovski Mon, 21 Apr 1997 02:23:18 -0400 (EDT) > Just got back from a great weekend in NYC. > On viruses, just got this hot over the wire: FWIW, The following is from my ISP concerning E-Mail viruses. EMAIL VIRUS NONSENSE - -------------------- There are no "email viruses" which affect your PC when you read a plain text message. But there are many hoaxes about such mythical viruses. For information on the hoaxes, see: http://www.drsolomon.com/ Current well-known hoaxes: Good Times, Irina, Deeyenda, PenPal Greetings, Ghost, Free Money, Eyes, Sheep, References. As always, be careful about running programs or reading word-processor and spreadsheet files you receive ATTACHED to emails. You can get a virus or "macro virus" from these files if they are infected. Peter Christiansen Bangkok, Thailand Connected with OS/2 Warp 3.0 & The Post Road Mailer _____________________________________________________________________________________ SET PATH=Bookshelf;DeskDrawer;Closet;BoxUnderBed;GarbageCan ------------------------------ Date: Mon, 21 Apr 1997 13:33:16 -0500 From: "Brenda" Subject: [CANSLIM] High Priced Stock Now Low Priced Over the week-end someone asked me to name a high priced stock with lots of volume that is now under $12. I had stated that it is a happening almost every single day now and it is no longer unusual. I also stated that it is not AT ALL UNUSUAL to see a stock down more today than the remaining price per share. Todays Debacle - APAC, over $60 a share about six months ago, down more at this moment than the remaining price of about $11. Just today's debackle. Tomorrow will almost assuredly have another and the next day another. It's just a guess as to which it will be tomorrow. That is why I have actual physical stop loss orders placed on every single stock I own. I have never had to do this before. I watch the market like a HAWK and am constantly updating quotes and have a ticker tape going across in front of me with all current positions and ones that I am currently watching. Still not enough in this market. Do be extremely careful if you choose to be "IN". James ------------------------------ Date: Mon, 21 Apr 1997 14:00:07 -0500 From: "Brenda" Subject: [CANSLIM] MLHR OK you wise ones! Have tiny profit still left. Where do you put your stop loss on this one? Does it really matter where you got in? Is your stop loss different if you got in at almost the top from if you got in 2 months ago? Try it both ways. Very interested in your comments. (Especially yours Tom - guess your broker friend is now smiling and glad he "missed" it). James ------------------------------ Date: Mon, 21 Apr 1997 13:50:14 -0500 From: "Brenda" Subject: [CANSLIM] Hot Shot Analysts - Hot Predictions! Just to show you how many times you could not do much worse than the biggest, suppossedly best, extremely well known, highly followed and making lots more money than probably ALL of us combined here is a good one. If you had waited to buy AMD until the BIGGIES made it a STRONG buy that would not have been that long ago. If you had bought just 200 shares less than 30 days ago you would now be down over $2000 and over 20%. AND people PAY these people to make these recommendations. If it was a strong buy when they recommended it what is it now? A SCREAMING HOT STRONG STRONG BUY? Well, actually, you might be able to get onboard now and not lose 20% before it turns around. This stock could "easily" be one of those that shoots up 30-40-50% in a matter of days not weeks. BUT, when do you get in? Stop loss here got me out and I was wondering if I should have had even a looser one but the insurance at this point was worth it. James ------------------------------ Date: Mon, 21 Apr 1997 16:09 -0400 (EDT) From: "Peter P. Newell" Subject: Re: [CANSLIM] MLHR :Novice advice When it touches the base, not sure exactly when that is sell it. It's okay if it comes close however. In market wizards(good reading by the way) O'ryan says on an initial buy(first day or two) will sell half the position if it re-enters the base because the chances of having a bad trade have significantly increased. Also, he likes to see an up day the first day. Peter Newell ------------------------------ Date: Mon, 21 Apr 1997 16:55 -0400 (EDT) From: "Peter P. Newell" Subject: [CANSLIM] RE: Hot Shot Analysists... AMD James, From a canslim perspective I wouldn't touch this stock. From a technical perspective the chart is too wide and loose, look and how tight it is before it breaks to $15 in september for a triple. From a fundamental point of view, 97 pe 26, 98 pe 11 tough competitive industry might get pe 15 too much could go wrong, I'd pass, or at least wait until it tightens up. Peter Newell ------------------------------ Date: Mon, 21 Apr 1997 12:46:24 -0700 From: "Louis H. Gipson, RN" Subject: Re: [CANSLIM] MLHR Brenda wrote: > > OK you wise ones! Have tiny profit still left. Where do you put your stop > loss on this one? Does it really matter where you got in? Is your stop loss > different if you got in at almost the top from if you got in 2 months ago? > Try it both ways. Very interested in your comments. (Especially yours Tom - > guess your broker friend is now smiling and glad he "missed" it). > James Hi James, I am not one of the "wise ones" but if I had been following the graphs on this one I would have gotten in at about 30.25, followed it up to about 37 and sold at stop loss at about 34-35. This is just an amateur opinion from a CANSLIM student. One question to you James. What's your point??? Lou ------------------------------ Date: Mon, 21 Apr 1997 21:13:25 -0500 From: "Brenda" Subject: [CANSLIM] Fw: Full Closing Bell @ 04/21/97 (3 stories) Saw MSON mentioned here early this am. Here is a story you might be interested in if MSON caught your eye. Also, there is a story about CPB. Use the info if you can. Have a nice evening. James - ---------- > From: Mercury Mail > To: bks@lcc.net > Subject: Full Closing Bell @ 04/21/97 (3 stories) > Date: Monday, April 21, 1997 8:34 PM > > Full Closing Bell for Monday, Apr 21, 1997 > > ******************************************************************* > MBA CENTRAL....Recruit the top MBA alumni and students > from the nation's leading business schools. Our exclusive > technology gives you only qualified, interested candidates. > Call today and we'll find your perfect Summer Intern -- FREE > http://www.mbacentral.com/adc3002 or call 1-800-932-4668 > ******************************************************************* > > (00s) > SYMBOL CLOSE CHANGE HIGH LOW VOLUME %CHNG > ------------------------------------------------------------ > ACRG 3 - 1/8 3 2 15/16 51 -4.0% > AMD 35 1/2 -1 1/4 36 7/8 35 22234 -3.4% > ALTR 47 1/4 +1 47 3/4 46 1/8 20138 +2.2% > ADRX 24 + 1/4 24 1/4 23 1/2 200 +1.1% > ASTSF 37 + 1/2 37 1/4 36 1/2 164 +1.4% > ASFC 36 7/8 + 3/8 37 1/4 36 1336 +1.0% > BBI 45 7/8 ... 46 3/8 45 3/4 3224 0.0% > CPB 47 3/8 - 1/8 48 1/4 46 7/8 5520 -0.3% > DS 34 3/4 + 1/2 34 7/8 34 3/8 3509 +1.5% > ESS 30 1/4 - 1/8 30 3/8 30 96 -0.4% > FULL 54 3/4 + 1/4 56 1/8 54 3818 +0.5% > GDYS 22 1/2 -1 23 5/8 22 1/2 3429 -4.3% > GRTR 17 13/16 + 3/16 17 7/8 17 3/8 624 +1.1% > MWL 28 3/8 +1 3/8 28 1/2 27 2137 +5.1% > MFN 2 1/8 - 1/8 2 1/4 2 4887 -5.6% > MLHR 32 1/16 -2 9/16 34 3/4 31 7/8 4602 -7.4% > MSON 9 5/8 + 7/8 11 1/4 8 7/8 4310 +10.0% > PSUN 33 + 1/2 34 1/2 32 1773 +1.5% > QCSB 37 1/2 + 1/2 37 1/2 36 3/4 49 +1.4% > SEWY 35 + 1/2 35 33 23 +1.5% > SFDS 47 1/4 - 1/4 48 1/8 46 3/4 1973 -0.5% > SRR 13 5/8 - 1/4 13 3/4 13 3/8 5006 -1.8% > USLD 11 3/4 - 1/4 12 11 5/8 1482 -2.1% > WBPR 16 - 3/4 17 16 80 -4.5% > .INDU 6,660.21 -43.34 6,721.21 6,616.86 -0.7% > ------------------------------------------------------------ > > * CAMPBELL SOUP will launch an innovative new line of juices > beginning next month, joining the company's $300 million V8 > juice brand. New "V8 Splash" combines tropical fruits such as > pineapple, kiwi, lime and mango with the nutritional goodness > of carrot juice for a refreshing beverage that provides 100% of > the Recommended Daily Value of vitamins A and C. Campbell will > also introduce a line of "Healthy Request V8" juice with the > great taste of traditional, tomato-based V8 juice, but with 25% > less sodium. (PR Newswire 10:03 AM ET 04/21/97) Full story: > http://www.merc.com/stories/cgi/story.cgi?id=2545710-9f6 > > * MISONIX INC reported 3Q EPS loss of ($0.87)(including a charge > of $1.27/share) vs a profit of $0.09 in the prior year period, > on revenues of $5.1 mln vs $2.8 mln. (Reuters 10:17 AM ET > 04/21/97) For the full text story, see > http://www.merc.com/stories/cgi/story.cgi?id=2545753-a12 > > * MARKET NEWS: The Dow industrials slumped lower on Monday as > higher interest rates and a sell-off in tech stocks drained the > stock market of its momentum. The Dow fell 43 points to close > unofficially at 6660 after a thinly traded session that saw the > NYSE register its lowest daily volume this year (397 million). > Long-term rates pushed higher on the day, with the yield on the > benchmark 30-year U.S. Treasury rising by four basis points to > 7.09%, also on extremely thin volume. The sell-off was far more > severe among tech stocks, which dragged the Nasdaq Composite > down 19 points to 1204. The S&P 500 index fell six points to > 760. The dollar weakened at 1.6975 marks and 125.33 yen. For > the full text story, see > http://www.merc.com/stories/cgi/story.cgi?id=2551199-e47 > > > ====================================================================== > Mercury Mail, Inc. is an independent company not affiliated or > associated with Mercury Center, the San Jose Mercury News, or > Knight-Ridder, Inc. > Closing Bell is a trademark of Mercury Mail, Inc. > (c) 1997 Mercury Mail, Inc. All rights reserved. > > * If you'd like to subscribe to other Closing Bell products or > change your basket of securities, simply update your Closing Bell > profile. Visit http://www.merc.com/cb/cgi/cb_merc.cgi?action=enter > * If you do not have web access, or if you have any problems or > suggestions, send e-mail to our help desk at feedback@merc.com > > ------------------------------ End of canslim Digest V1 #149 ***************************** To subscribe to canslim Digest, send the command: subscribe canslim-digest in the body of a message to "majordomo@xmission.com". 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