From: canslim-owner@xmission.com (canslim Digest) To: canslim-digest@xmission.com Subject: canslim Digest V1 #243 Reply-To: canslim@xmission.com Sender: canslim-owner@xmission.com Errors-To: canslim-owner@xmission.com Precedence: canslim Digest Saturday, July 5 1997 Volume 01 : Number 243 In this issue: Re: [CANSLIM] Oil service and related sector is hot Re: [CANSLIM] CANSLIM JMPX Re: [CANSLIM] Re: Which Pentium is the fastest for optimizations? [CANSLIM] UNT [CANSLIM] Oil vs Telephone [CANSLIM] ADEX/FORE Earnings Re: [CANSLIM] CANSLIM JMED Re: [CANSLIM] AFCX Re: [CANSLIM] Lehman's "Exceptional Names" & Smith Barney's "Un Re: [CANSLIM] AFCX Re: [CANSLIM] Economic Calendar, week of June 30, 1997 Re: pwahl re [CANSLIM] Dbphoenix what screening prgs do you [CANSLIM] DSP Group Re: pwahl re [CANSLIM] Dbphoenix what screening prgs do you Re: [CANSLIM] CANSLIM JMED Re: [CANSLIM] Economic Calendar, week of June 30, 1997 [CANSLIM] Oil group and other stuff [CANSLIM] Sending large files to the canslim group [CANSLIM] ADEX ??? Re: [CANSLIM] ADEX ??? Re: [CANSLIM] ADEX ??? Re: [CANSLIM] ADEX ??? [CANSLIM] HERE COME THE OILS!!!!!! [CANSLIM] Test Re: [CANSLIM] Does anyone use Prodigy / Strategic Investor program? [CANSLIM] MOPO [CANSLIM] Accessing the discussion canslim archives... Re: [CANSLIM] HERE COME THE OILS!!!!!! [CANSLIM] MTZ [CANSLIM] Din and Flatus... [CANSLIM] slow here Re: [CANSLIM] slow here 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: Tue, 1 Jul 1997 22:06:26 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] Oil service and related sector is hot One that gapped up today was Stolt Comex (SCSWF) on earnings of 62 cents (estimate reported was for 20 cents !!!!!!!!!!!!!!!!) boy did that get my attention. The release gave no explanation, and haven't looked at a DG on it yet, so no idea if it was a typo, however the past two days of trading suggests it REALLY did beat expectation. tom w Any statements or opinions are strictly my own and not that of my employer. My comments should not be intrepreted as a recommendation of any kind. I am a licensed (inactive) broker and an active investor. All investors should do their own research prior to any investment, especially one learned about on the Internet. - ---------- > From: Tim Fisher > To: canslim@mail.xmission.com > Subject: Re: [CANSLIM] Oil service and related sector is hot > Date: Tuesday, July 01, 1997 9:15 PM > > The whole field is going nuts. > ------------------------------ Date: Tue, 1 Jul 1997 20:15:48 -0600 From: jeff@scrooge.csd.sdl.usu.edu (Jeff Salisbury) Subject: Re: [CANSLIM] CANSLIM JMPX On Jul 1, 7:00pm, Michael A Langston wrote: > Subject: re: [CANSLIM] CANSLIM JMPX > have lost track of the number of posts on this one today > > sure has been a lot of traffic over an invalid symbol! > > but it looks like most everyone can figure it out -- maybe > the theory is that if you can't guess the transposition, you > can't have much to say about it > > :) [oops, ahem, sorry jeff, no more jokes] > > mike langston >-- End of excerpt from Michael A Langston Mike, An exception will always be made for your "laconic" style... :^) Jeff ------------------------------ Date: Tue, 01 Jul 1997 21:17:36 -0500 From: jdong@theonramp.net (Jian Dong) Subject: Re: [CANSLIM] Re: Which Pentium is the fastest for optimizations? At 10:09 AM 7/1/97 -0800, pwahl@postoffice.worldnet.att.net wrote: >> From: DPoiree@aol.com > >> It's time for me to replace my computer that I use for TradeStation. >> I'm considering a Pentium 200 (with MMX & 512 pipelined burst SRAM >> cache), a 200 Pentium Pro with 256k L2 cache, or a Pentium II 266. >> >> The only reason I want speed is to minimize waiting time when doing >> optimizations. I will continue to use Windows 95. >> >> I've heard a lot of conflicting comments (pronounced B.S.) about >> what is the fastest. One salesman was attainment that the P II is >> actually two Pentium 166's on one board they call a chip. I read >> that the P II bus runs at one half the clock speed of the processor >> but the P 200's busses run at the speed of the processor. So far >> nobody has really answered my question: Which will run optimizations >> fastest? > >Sheesh, a lot of disinformation being spread around. The Pentium II >is an improved version of the Pentium Pro, modified to include the MMX >instructions and also to run 16 bit code more efficiently than the >Pentium Pro would, which was the real drawback to the Pentium Pro. The >Pentium II 266 is the fastest of the machines you have listed. >Between the Pentium and Pentium Pro at 200 Mhz, probably the Pentium >MMX is a better choice. Another alternative is the AMD K6 - 233, >which is up there in performance with the fastest Pentium II. > >Regarding bus speeds, the clock speed is a multiple of the processor >speed, so the Pentiums clocked at 150 and 180 have a bus speed of 30 >MHz, and the 133, 166 and 200 Mhz clock speeds have a bus speed of 33 The bus speed for 150/180 CPUs is 60MHz and 66MHz for 100/133/166/200 CPUs. >Mhz(I believe they communicate with memory at 60 and 66 MHz >respectively, a 10% improvement). The faster bus speeds on those >models is why you see the 150 and 180 versions of the Pentiums >disappearing more quickly than the other versions. > >I hope this clears things up a bit. > > ------------------------------ Date: Tue, 01 Jul 1997 22:54:17 -0400 From: Richard Mandel Subject: [CANSLIM] UNT Another possible stock in the exploration and production of oil and natural gas is UNT Unit Corp. What do people think of its chart? Its stats are: EPS 95 RS 81 P/E 22 A/D A Shares 24.1 million (too many?) Funds 14% QEarn +600% +100% +50% +167% QSales +49% +22% +45% +53% Estimated earnins 1997 is +39%, 1998 +20% It is forming a cup from January peak at 12 1/2, bounced 3 times around 7 1/2 (Feb), 7 3/4 (Mar) and 7 7/8 (Apr). Closed today Jul 1 at 11 5/16 on 200,000 shares. Peaks at 12 1/4 (Jan 13,97) and at 11 7/8 (Jun 5 and Jun 6). An additional concern is that energy is generally strongest from December to May and weakest from Jun to November. Ciao, Rich ------------------------------ Date: Tue, 01 Jul 1997 23:05:05 -0400 From: "Surindra J. Singh" Subject: [CANSLIM] Oil vs Telephone I have been watching TEL BRASILEI (NYSE:TBR) since January. Someone lowered the rating yesterday, but it bounced back. RS 97, EPS rank 65. Any comments? Tim Fisher wrote: > > At 04:43 PM 7/1/97 -0500, you wrote: > >Don't forget SII. > > > >I bought at $50 and sold at $61... I kinda regret selling it now.. > looks > >like it'll go higher still. Might have to buy it back :) > > > > > >Anthony Ku > > > Or MAVK, up 68% since I bought on 5/21 > or NR, up 25% since 6/3. > Bought LSS today, looks like it broke out Monday... > > The whole field is going nuts. > > Tim Fisher, 1995 President, Pacific Fishery Biologists > Ore-ROCK-On Rockhounding Web Site > PFB Information > tfish@spiritone.com > WWW http://www.spiritone.com/~tfish -- See naked fish and rocks! ------------------------------ Date: Tue, 1 Jul 1997 23:13:04 -0400 From: "Charles F. Corbit III" Subject: [CANSLIM] ADEX/FORE Earnings Earnings for ADEX, >>> Earnings per share for the fourth quarter were $0.41 versus $0.29 in the same quarter of the prior year. <<< More details at ; http://biz.yahoo.com/prnews/97/07/01/adex_y0007_1.html >>>>FORE Systems (FORE) said it expects first quarter net income of $4.7-$6.0 million, or $0.05-$0.06 per share, on revenues of $95-$97 million. The First Call consensus earnings estimate is $0.08 per share. FORE closed at 13-5/8.<<<<< I don't get it, with news like this, why did the stock move up 14.69 up 1.06 on heavier than normal volume ????? What am I missing ?? Regards, Charlie ------------------------------ Date: Tue, 1 Jul 1997 20:08:50 -0800 From: pwahl@postoffice.worldnet.att.net Subject: Re: [CANSLIM] CANSLIM JMED > From: Anthony Ku > Opinions on JMED please. It's heading for the 52 week high set back in > September of last year. Forming a very nice looking "cup" right now. As you say, forming a cup. Seems quite extended from any sort of base right now. I would wait for a consolidation and then buy a breakout. Patrick Wahl ------------------------------ Date: Tue, 1 Jul 1997 20:08:50 -0800 From: pwahl@postoffice.worldnet.att.net Subject: Re: [CANSLIM] AFCX > From: "Tom Worley" > Patrick mentioned AFCX (AFC Cable Systems): > > ADV at 63.6K shares/day, latest day was 36.9 > EPS 96, RS 87, GRS 64, up/down strong at 2.3 > Timeliness at A, #3 in group, debt (long term I think) at 0% > last two qtrs earnings up 100% and 105% > last two qtrs revenues up 23% and 41% (cost efficiency here??) > 1997 estimate up 20% at $1.85, 1998 estimate up 14% at $2.10 > Q1, at 45 cents, would put them on tract to hit or beat the year > estimate Thanks for doing my homework. Somehow I lost the DG chart I had on AFCX. The volume increases and declines look good on my (computer) chart, that is, I see volume increasing on price gains, falling when price declines. Right now volume is shriveling up, which I always take to be a good sign during a price consolidation. - ------------------------------------------- Another topic - I must be losing my marbles, it looks like a slipped a post into the Canslim list that was meant for the Omega list. Oops. Well, maybe someone learned something about computers. ------------------------------ Date: Tue, 1 Jul 1997 20:08:50 -0800 From: pwahl@postoffice.worldnet.att.net Subject: Re: [CANSLIM] Lehman's "Exceptional Names" & Smith Barney's "Un > From: Zoran Mitrovski > Lehman Brothers Ten "Uncommon Value" Stocks: portfolio of stocks the > firm believes will outperform the S&P 500 over the next 12 months. > On the list are: Adaptec (ADPT), America Online (AOL), Boeing Co (BA), Adaptec is something I have followed for about two years but somehow have never bought. It seems to be in the process of forming another base right now, think it is one to keep an eye on. Reasonable P/E, good growth rate, seems to crank out good earnings increases every quarter. Also, Zoran, I like that Morningstar stock you mentioned a day or two ago. Patrick Wahl ------------------------------ Date: Tue, 1 Jul 1997 20:08:50 -0800 From: pwahl@postoffice.worldnet.att.net Subject: Re: [CANSLIM] AFCX > From: Anthony Ku > AFCX is definitely worth noticing, support at $25. However, with earning > out pretty close, i wouldn't touch it until it showed definitely uptrend. > RS line is DOWN right now. Plus the fact that a lot of stocks tanked HUGE I would have to call the buy point as about 28.25, and toss in high volume when that price is hit as a buy condition. ------------------------------ Date: Tue, 1 Jul 1997 20:08:50 -0800 From: pwahl@postoffice.worldnet.att.net Subject: Re: [CANSLIM] Economic Calendar, week of June 30, 1997 > From: "Tom Worley" > fairly stable against the yen (despite ill-thought comments by > Japanese political figures). For the moment at least, looks like > Japan will not raise rates, thus making the yen more attractive > relative to the dollar. Still good chance the British pound may > become more attractive, however I suspect will cause more selling > in the mark than in the dollar. WSJ says that England may have another interest rate hike left, which would boost the pound. Wouldn't Japan holding interest rates steady make the Yen less attractive than the dollar? I think interest rates in Japan are stuck around 1 percent or so. ------------------------------ Date: Tue, 1 Jul 1997 20:08:50 -0800 From: pwahl@postoffice.worldnet.att.net Subject: Re: pwahl re [CANSLIM] Dbphoenix what screening prgs do you > Ok thank you pwahl for the info. I will look further into these two > programs. Do you know if they have any sort of "automation" or macro type > features? It sounds like the Metastock/Explorer might be heading in that I'm not sure what you mean beyond what I mentioned for the Explorer thing. To be more specific, say you decided to buy a stock whenever the 20 day moving average crossed above the 50 day moving average (just pulling something out of my hat) you would define a search with those conditions, then run the Explorer each night and it would analyze all stocks in a directory to see if any of them met those conditions. It generates a list of all stocks meeting those search criteria. Probably in the 5 keystroke neighborhood. Patrick Wahl ------------------------------ Date: Tue, 1 Jul 1997 21:13:17 -0800 From: pwahl@postoffice.worldnet.att.net Subject: [CANSLIM] DSP Group It looks like DSP Group (DSPG) broke out of a short base today (Tues.) on heavy volume. Everthing looks pretty good on this one - EPS and RS both in the 90's, A/D is an A. Earnings estimates for 1997 are $0.85, for 1996 they did 0.60, I believe. Think it is a buy tomorrow. Patrick Wahl ------------------------------ Date: Tue, 1 Jul 1997 23:27:13 -0600 (MDT) From: cando@highfiber.com Subject: Re: pwahl re [CANSLIM] Dbphoenix what screening prgs do you >> Ok thank you pwahl for the info. I will look further into these two >> programs. Do you know if they have any sort of "automation" or macro type >> features? It sounds like the Metastock/Explorer might be heading in that > >I'm not sure what you mean beyond what I mentioned for the Explorer >thing. To be more specific, say you decided to buy a stock whenever >the 20 day moving average crossed above the 50 day moving average >(just pulling something out of my hat) you would define a search with >those conditions, then run the Explorer each night and it would >analyze all stocks in a directory to see if any of them met those >conditions. It generates a list of all stocks meeting those search >criteria. Probably in the 5 keystroke neighborhood. > > >Patrick Wahl Hi Patrick! Yes, your above example is the sort of thing I would like to do. Just to clarify, what I do in my current program (DJ Market Analyzer Plus) is access the database, download daily extended quotes, show news headlines for selected stocks, do candlestick charts with different moving averages and notes I've made, and then print everything out, all with the 5 keystrokes. I would like to continue to do this PLUS MORE DETAILED SCREENS AND SEARCHES similar to your example, all with just a few keystrokes. So, I'll see if I can get a demo of Metastock. Thanks again for your input. It's very appreciated. James Coburn Albuquerque, NM ------------------------------ Date: Wed, 2 Jul 1997 01:49:22 -0500 (CDT) From: Anthony Ku Subject: Re: [CANSLIM] CANSLIM JMED Their RS strength is rising. They are now 35th place in terms of industry group strength, up from 51 last week, and 100 3months ago. Anthony Ku On Tue, 1 Jul 1997, Tom Worley wrote: > Maybe that's why it didn't do so good today when the drug group was > supposed to be rolling uphill. > > tom w > > Any statements or opinions are strictly my own and not that of my > employer. My comments should not be intrepreted as a recommendation > of any kind. I am a licensed (inactive) broker and an active > investor. All investors should do their own research prior to any > investment, especially one learned about on the Internet. > > ---------- > > From: Surindra J. Singh > > To: canslim@mail.xmission.com > > Subject: Re: [CANSLIM] CANSLIM JMED > > Date: Tuesday, July 01, 1997 6:50 PM > > > > The two drugs aquired are Cytomel and Triostat. Both these are > rather > > used infrequently. Cytomel is a T3 thyroid replacement hormone > used to > > treat various chronic thyroid disorders. Triostat is an > injectable form > > of T3 used to treat more acute hypothyroid disorders. > > > > Surindra > > > > Anthony Ku wrote: > > > > > > Opinions on JMED please. It's heading for the 52 week high set > back > > > in > > > September of last year. Forming a very nice looking "cup" > right now. > > > It's down about $2 today on very LIGHT volume. Announced new > > > acquisitions > > > of some new drugs yesterday. It broke a 2 week base yesterday > on > > > somewhat > > > heavy volume, then declined today on light volume. > > > > > > It looks to me that it'll hit at least $50 1/2. Whether it > will break > > > up > > > is another story, but a pretty safe $5 play right here. > > > > > > Anthony Ku > ------------------------------ Date: Wed, 2 Jul 1997 05:10:23 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] Economic Calendar, week of June 30, 1997 Assuming both the US and the Japanese leave rates unchanged, which appears to be the most likely scenario for now, then they are unchanged in attractiveness against each other. However, current expectation is that the Brits are raising their rate, making the pound more attractive compared to the German mark, where a weak economy and other issues had already weakened the mark. The strong US economy, high employment, etc has kept the dollar attractive even if the Brits raise. Thus, there has been heavy selling on the mark and buying on the pound. For two days running, the effect has been for the dollar to hit new 40 month highs against the mark. tom w Any statements or opinions are strictly my own and not that of my employer. My comments should not be intrepreted as a recommendation of any kind. I am a licensed (inactive) broker and an active investor. All investors should do their own research prior to any investment, especially one learned about on the Internet. - ---------- > From: pwahl@postoffice.worldnet.att.net > To: canslim@mail.xmission.com > Subject: Re: [CANSLIM] Economic Calendar, week of June 30, 1997 > Date: Wednesday, July 02, 1997 12:08 AM > > > From: "Tom Worley" > > > fairly stable against the yen (despite ill-thought comments by > > Japanese political figures). For the moment at least, looks like > > Japan will not raise rates, thus making the yen more attractive > > relative to the dollar. Still good chance the British pound may > > become more attractive, however I suspect will cause more selling > > in the mark than in the dollar. > > WSJ says that England may have another interest rate hike left, which > would boost the pound. Wouldn't Japan holding interest rates steady > make the Yen less attractive than the dollar? I think interest rates > in Japan are stuck around 1 percent or so. > ------------------------------ Date: Wed, 2 Jul 1997 08:08:13 -0400 From: "Tom Worley" Subject: [CANSLIM] Oil group and other stuff Anybody have the good fortune to pick up Ontrack (ONDI) before it broke out (18 to 23 in about a week??) For those that like the oil related groups, take a look at MACD and CDG. They both look like they could still be buyable at these levels. tom w Any statements or opinions are strictly my own and not that of my employer. My comments should not be intrepreted as a recommendation of any kind. I am a licensed (inactive) broker and an active investor. All investors should do their own research prior to any investment, especially one learned about on the Internet. ------------------------------ Date: Wed, 2 Jul 1997 08:00:05 -0600 From: jeff@scrooge.csd.sdl.usu.edu (Jeff Salisbury) Subject: [CANSLIM] Sending large files to the canslim group Everyone, >From time to time, you may wish to share large files with our group (i.e. gif, jpeg, spreadsheets, etc). Our list is configured to reject large postings (even if they are properly encoded) since the sheer volume has caused problems in the past. As an alternative, we have provided an anonymous ftp site. To provide your file to the group, please follow these instructions: 1. Send your file to: "ftp://chaos.csd.sdl.usu.edu/pub/incoming/". See ftp instructions below. 2. Send mail to me directly at "jeff.salisbury@sdl.usu.edu" telling me the name of the file that you uploaded. I will move the file from the incoming directory, to the canslim directory where people will be able to download your file. 3. After I notify you that the file has been moved to the canslim directory, you should send an email to the canslim group describing your file, and its URL (i.e. ftp://chaos.csd.sdl.usu.edu/pub/canslim/GreatBoom.gif). Although this may seem unwieldy at first, it really isn't too bad and it solves more problems than it creates. You should note that I do not monitor my email on the weekends as closely as during the week. Therefore, steps 2-3 may take longer over a weekend. Best Regards, Jeff Salisbury =========================================================================== FTP Instructions: 1. Using Netscape, go to the URL: "ftp://chaos.csd.sdl.usu.edu/pub/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. ------------------------------ Date: Wed, 2 Jul 1997 10:29:47 -0400 From: "Charles F. Corbit III" Subject: [CANSLIM] ADEX ??? Can someone help me understand what is happening with ADEX ? I thought the press release was positive and news was positive, but it drop liked a rock. Confused !!! What a roller coaster ! CANSLIM numbers look real good, earnings are good, but a 11% drop at very high volume. Don't get it. Thanks, Charlie ------------------------------ Date: Wed, 2 Jul 1997 10:16:14 -0500 (CDT) From: Anthony Ku Subject: Re: [CANSLIM] ADEX ??? Can you say, public offering? :) They announce they will add 2 million shares of stock to the market place. that's why it's tanking. I think it has recovered from the low though, now trading at $27. Anthony Ku On Wed, 2 Jul 1997, Charles F. Corbit III wrote: > Can someone help me understand what is happening with ADEX ? I thought the > press release was positive and news was positive, but it drop liked a rock. > Confused !!! What a roller coaster ! CANSLIM numbers look real good, > earnings are good, but a 11% drop at very high volume. Don't get it. > > Thanks, > > Charlie > ------------------------------ Date: Wed, 02 Jul 1997 11:13:13 -0400 From: derek b Subject: Re: [CANSLIM] ADEX ??? I show float at 4.3M, yet news yesterday that 2.5M new shares will be released by selling insiders. Thus secondary will not benefit company, only insiders. Distribution continues. As of 11:10 EDT: 69,600 shares traded at bid 46,700 shares traded at ask Derek Charles F. Corbit III wrote: > Can someone help me understand what is happening with ADEX ? I > thought the > press release was positive and news was positive, but it drop liked a > rock. > Confused !!! What a roller coaster ! CANSLIM numbers look real > good, > earnings are good, but a 11% drop at very high volume. Don't get it. > > Thanks, > > Charlie ------------------------------ Date: Wed, 2 Jul 1997 11:19:08 -0400 From: "Charles F. Corbit III" Subject: Re: [CANSLIM] ADEX ??? Anthony, >>>Can you say, public offering? :)<<< Is it p-p-p-ublic o-o-ffering ? For the people of small mind, would you say that the price should be adjusted for the inital offering ? for example; Price x (shrs out/(shrs out+offering) ? If that is the case, I should sell it now and take a zero loss/gain, if I can sell at 26.125. I guess I am thinking too much in a trading mindset as the financials still look good ? So much to learn and absorb. Thanks - ---------- > From: Anthony Ku > To: canslim@mail.xmission.com > Subject: Re: [CANSLIM] ADEX ??? > Date: Wednesday, July 02, 1997 11:16 AM > > Can you say, public offering? :) > > They announce they will add 2 million shares of stock to the market place. > that's why it's tanking. > > I think it has recovered from the low though, now trading at $27. > > > > Anthony Ku > > > On Wed, 2 Jul 1997, Charles F. Corbit III wrote: > > > Can someone help me understand what is happening with ADEX ? I thought the > > press release was positive and news was positive, but it drop liked a rock. > > Confused !!! What a roller coaster ! CANSLIM numbers look real good, > > earnings are good, but a 11% drop at very high volume. Don't get it. > > > > Thanks, > > > > Charlie > > ------------------------------ Date: Wed, 02 Jul 1997 09:24:30 -0700 From: Harlan Subject: [CANSLIM] HERE COME THE OILS!!!!!! we talked about this on 6-16-97 post Youv'e had ample time to do your homework! this so far has been a big group move. look at em all they're all breaking on big vol. If your not there you've got to ask yourself what have I been doing the last 2weeks ? Heres a name that has a big cup and is in the process of curling up in the handle right now. UNT-Unit corp. breaks out at 12.25 for you sticklers. Lastly on 6-30-97 I sent a post to the group about whats going on with the oils. Somehow I sent it,it didn't bounce back to me but when I got my digests it wasnt there. so we're going to repost them all right now. Subject: My thoughts on selected oil&gas groups Date: Mon, 16 Jun 1997 10:24:23 -0700 From: Harlan To: canslim@xmission.com CC: Harlan, Pyan, purpose@execpc.com According to the model book of the biggest winners from 1953 to present 67% of the biggest winners were part of a group move. lets consider the oil&gas drillers for a minute. First the fundementals that are similar to those of the biggest winners of the past. 1. Of the strongest stocks in the group almost all had most recent quarters earnings up 100%+ minimum. 2. of the strongest stocks in the group almost all had most recent quarters sales up a minimum of 61% most were 90%+ . 3. almost all are exibitingsales acceleration not just qtr. to prior yr. qtr. but qtr. to qtr. as well. technical characteristics similar to those of the biggest winners of the past. 1.Most have finished or are attempting to finish intermediate term corrections/consolidations (6-9 months) and are breaking out of those bases on impressive volume. 2. leaders of group are hitting new highs or are within striking distance of new high territory. (those who are looking for issues with strong sales, strong eps, and big bases that have yet to break out do your homework now so that when and if they do break out ,at least the ones that havent yet, youll be prepared ) 3. relative strengths are hitting new highs (action speaks louder than opinions) or are seriously improving. issues for you to do your homework on : FLC-Falcon drilling,DO-diamond offshore,RIG-Transocean offshore,MDCO-Marine drilling,GLM-Global marine,NE-nobel drilling,PTEN-Patterson energy other stocks not in same gruop that look interestin VRC-Varco Intl.,BJS-BJservices, TUBO-Tuboscope,MCFE-McFarland, FGAS- Force energy, KEG-Key energy,UTI-UTI energy,NOIL,ESV,VTS,RON,BHI Just thought Id add my two sense to this group, Ive been monitoring for a few days now and noticed alot of knowledge floating around here (birds of a feather flock together) keep up the info overload coming thanks Lastly, one more thought on the TA side as to why I cant get this group out of my head and thats this 1. Lasts cycles leaders next cycles laggards, only this this gruop hasnt been a laggard (theyve been going though a normal correction/consolidation. sales&earnings continue to accelerate) 2. But the price of oil is going down ! my thought, these stocks dont trade of of the price of oil as much, plus this is theyre busy season,your not going to driil for oil in the north atlantic in the middle of winter are you! ACTION SPEAKS LOUDER THAN WORDS LET YOUR STOCKS TELL YOU WHAT TO DO ,LET THE MARKET TELL YOU WHAT TO DO, WHAT IS THE MARKET TELLING YOU ABOUT STOCKS LIKE DO,RIG,SII,FLC,UTI, ETC. In closing, do your homework,set your stops,dont get attached, dont get emotional, and always manage your risk. sincerly, Harlan Pyan As Tom Worley would say any statements or opinions are strictly that of my own and not of my employer. my comments should not be interpreted as a recomendation of any kind. I am a lisenced broker and an active investor all investors should do thier own research prior to any investment. this is strictly informational and educational info. Subject: Industry group on the move Date: Mon, 30 Jun 1997 12:21:16 -0700 From: Harlan To: canslim@xmission.com Anybody notice the action the last two days on some of the oils? The leaders (defined as issues that have been hitting new highs consistantly since breaking out of they're basing structures) FLC,SII,PTEN,DO,RIG,RON,CAM,UTI, just to mention a few. Take a good look at all the charts on these issues, they look pretty similiar don't they? Anybody notice what happened here? I'll tell you. All they did is get overbought and started to pullback some excess', got oversold from a STOCHASTIC standpoint (for those familiar use a 9-3 setting),hit thier moving ave. took off again and are on thier way again. classic textbook stuff. optimal entry point was on fri. open. OH WELL. So here's a list of issues with characteristics similiar to those of the model book with big bases that have yet to breakout (that aren't tied to the price of oil as much) PRDE-Pride petro services 6 month cup in process of forming a handle. breakout 24ish with volume. PESC-pool energy 6 month base in process of forming a handle, breakout 18.75ish with volume. UNT-Unit Corp. 6 month base in process of forming a handle, breaks out at 12ish with volume PDS-Precision Drilling 6 month base in process of forming a handle, breakout 49+ish with vol. VTS- Veritas dcg 7 month base breaks out 24ish with vol. NE-Nobel drilling 6 month base, breaks out 24ish with vol. MDCO- Marine Drilling finishing a 6 month basing stucture. crossover move at 21.375 actual base breakout 22.5 with vol. GLM-Global Marine 6 month basing structure, double bottom? ,breakout 25ish with vol. PKD-Parker Drilling 6 month basing stucture, big cup in proccess of forming a handle break out 11ish with vol. thats all I've got time for now . do yourself a favor and take a good unopinionated look at this sector and look for the strength. Lastly in daily graphs a number of oils went from a timeliness rank of C to A this week . STAY TUNED Harlan PYAN Any statements or opinions are strictly my own and not that of my employer. My comments should not be interpreted as a recomendation of any kind. I'm a lisenced broker and active trader. All investors should do they're own research prior to any investment, especially one learned on the Internet. This is strictly for informational and educational purposes only. ------------------------------ Date: Wed, 02 Jul 1997 12:03:24 -0400 From: "Matt Bowen" Subject: [CANSLIM] Test This is a E-mail test. - -- Matt Bowen Trading Techniques, Inc. mbowen@tradingtech.com (330)-645-0077 http://www.tradingtech.com ------------------------------ Date: Wed, 02 Jul 1997 12:30:52 -0400 From: "Matt Bowen" Subject: Re: [CANSLIM] Does anyone use Prodigy / Strategic Investor program? cando@highfiber.com wrote: > > Does anyone use Prodigy and their Strategic Investor program? I'm curious > if it has macro / automation features in it for daily downloading and > screening/sorting. (The On-Line Investor book by Ted Allrich endorses this > program.) > > Anybody? > > James Coburn > Albuquerque, NM Hi James, I personally have used the Prodigy and their Strategic Investor program. Did I like it: No I think for the money you would be much better off using the William O'Neil & Co. Daily Graphs: http://www.dailygraphs.com (you will need to be a beta tester until the product goes online) - -- Matt Bowen Trading Techniques, Inc. mbowen@tradingtech.com (330-645-0077 http://www.tradingtech.com ------------------------------ Date: Wed, 02 Jul 1997 21:01:50 +0200 From: Johan Van Houtven Subject: [CANSLIM] MOPO MOPO A CANSLIM stock: GRS 84 Timeliness: B Acc: B RS: 96 EPS: 66 EPS due 18/7 ! Take a look at the chart. I think it is very 'interesting'. Look at how the got rid of the weak hands and then BAM, up it goes. It truely has been a joy watching the MMs play with the spread. Often they take the bid down, to scare the weak holders. I wouldn't be surprised if the MMs got a nice bonus from the big players, for a job well-done... ;^) Disclaimer: I own MOPO. Johan Van Houtven CLICK! N.V. / Wilrijk, Belgium ------------------------------ Date: Thu, 3 Jul 1997 08:00:04 -0600 From: jeff@scrooge.csd.sdl.usu.edu (Jeff Salisbury) Subject: [CANSLIM] Accessing the discussion canslim archives... >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. (BEST way) via your web browser at: ftp://ftp.xmission.com/pub/lists/canslim/ Click on either "archive" or "latest" and browse away. 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 ------------------------------ Date: Thu, 03 Jul 1997 07:23:11 -0700 From: Tim Fisher Subject: Re: [CANSLIM] HERE COME THE OILS!!!!!! At 09:24 AM 7/2/97 -0700, you wrote: >we talked about this on 6-16-97 post Youv'e had ample time to do your >homework! this so far has been a big group move. look at em all they're >all breaking on big vol. If your not there you've got to ask yourself >what have I been doing the last 2weeks ? Heres a name that has a big cup >and is in the process of curling up in the handle right now. UNT-Unit >corp. breaks out at 12.25 for you sticklers. Lastly on 6-30-97 I sent a >post to the group about whats going on with the oils. Somehow I sent >it,it didn't bounce back to me but when I got my digests it wasnt there. >so we're going to repost them all right >now. Even though you didn't say so, CAM qualifies as a CANSLIM pick, I jumped in (late) on the breakout. Whatta think of TMBR, looks like WON would call it "wide and loose" but it really broke out this week too. Tim Fisher, 1995 President, Pacific Fishery Biologists Ore-ROCK-On Rockhounding Web Site PFB Information tfish@spiritone.com WWW http://www.spiritone.com/~tfish -- See naked fish and rocks! ------------------------------ Date: Thu, 03 Jul 1997 10:07:56 -0700 From: Harlan Subject: [CANSLIM] MTZ Here's a new one for ya all. MTZ-Mastec 99 eps 99 rs , pulled back to the 20day moving ave., stochastics way oversold (by my settings anyway) In a group on the move, on any strength I'd consider owning it . DON'T FORGET TO DO YOUR OWN HOMEWORK you've got a long weekend to do it with. Harlan Any statements or opinions are strictly my own and not that of my employer. My comments should not be interpreted as a recomendation of any kind. I'm a lisenced broker and active trader. All investors should do they're own research prior to any investment, especially one learned on the Internet. This is strictly for informational and educational purposes only. ------------------------------ Date: Fri, 4 Jul 1997 08:00:04 -0600 From: jeff@scrooge.csd.sdl.usu.edu (Jeff Salisbury) Subject: [CANSLIM] Din and Flatus... Fellow CANSLIM'ers, As our quaint little list grows, so does our traffic. I would like to encourage each member to limit their postings to valuable, high-content messages. Perhaps jokes, and "me-too", or "I agree" kinds of postings can be reduced to allow each of us to enjoy greater benefits from our forum. I am not suggesting that any postings will be censored. What I am suggesting is a bit of self-moderating. I am also not suggesting that people who consider themselves beginners should not post. To the contrary, honest questions and inquiries are welcomed. Now, I like a good joke as much as the next guy. For a low-volume, light hearted discussion group, may I suggest a list that a colleague of mine runs. To subscribe, send email to: "majordomo@xmission.com". In the body of your email, write "subscribe shallow_stupors". Again, thanks to everyone for your participation in our group. Best Regards, Jeff Salisbury - CANSLIM list owner/admin ------------------------------ Date: Fri, 4 Jul 1997 15:53:28 -0400 From: "Tom Worley" Subject: [CANSLIM] slow here sure is quiet and slow here, so, HAPPY BIRTHDAY, AMERICA (that is, North America, I mean, US of A America, not sure when Canada's and Mexico's birthdays are, but anyway, have a great day, I know I enjoy sleeping in and not having to go to work, but still getting paid for it! What a great concept) tom w Any statements or opinions are strictly my own and not that of my employer. My comments should not be intrepreted as a recommendation of any kind. I am a licensed (inactive) broker and an active investor. All investors should do their own research prior to any investment, especially one learned about on the Internet. ------------------------------ Date: Sat, 05 Jul 1997 15:53:19 -0400 From: "Surindra J. Singh" Subject: Re: [CANSLIM] slow here Tom Worley wrote: > > sure is quiet and slow here, so, HAPPY BIRTHDAY, AMERICA (that is, > North America, I mean, US of A America, not sure when Canada's and > Mexico's birthdays are, but anyway, have a great day, I know I > enjoy sleeping in and not having to go to work, but still getting > paid for it! What a great concept) > > tom w > > Any statements or opinions are strictly my own and not that of my > employer. My comments should not be intrepreted as a recommendation > of any kind. I am a licensed (inactive) broker and an active > investor. All investors should do their own research prior to any > investment, especially one learned about on the Internet. I like your addendum at the bottom to go with your this message Tom. Surindra ------------------------------ End of canslim Digest V1 #243 ***************************** To subscribe to canslim Digest, send the command: subscribe canslim-digest in the body of a message to "majordomo@xmission.com". If you want to subscribe something other than the account the mail is coming from, such as a local redistribution list, then append that address to the "subscribe" command; for example, to subscribe "local-canslim": subscribe canslim-digest local-canslim@your.domain.net A non-digest (direct mail) version of this list is also available; to subscribe to that instead, replace all instances of "canslim-digest" in the commands above with "canslim". Back issues are available for anonymous FTP from ftp.xmission.com, in pub/lists/canslim/archive. These are organized by date.