From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #104 Reply-To: canslim Sender: owner-canslim-digest@lists.xmission.com Errors-To: owner-canslim-digest@lists.xmission.com Precedence: bulk canslim-digest Sunday, February 1 1998 Volume 02 : Number 104 In this issue: Re: [CANSLIM] Up/Down Volume Ratio (was Fw: MDC) Re: [CANSLIM] non-CANSLIM card trick [CANSLIM] RE: canslim-digest V2 #103 Re: [CANSLIM] three ways [CANSLIM] William O'Neil [CANSLIM] Discount brokers Re: [CANSLIM] Discount brokers [CANSLIM] Direct Investing [CANSLIM] WPSN THRX [CANSLIM] Changing your canslim subscription [CANSLIM] Website for 20 DMA? Re: [CANSLIM] Website for 20 DMA? [CANSLIM] Re. Formations Re: [CANSLIM] Website for 20 DMA? ---------------------------------------------------------------------- Date: Sat, 31 Jan 1998 20:15:13 +0100 From: Johan Van Houtven Subject: Re: [CANSLIM] Up/Down Volume Ratio (was Fw: MDC) In other words, DG staff explained the main negative of using any MA. Using an EMA removes this negative 'feature'. At 08:13 AM 31-01-98 -0500, you wrote: >For those like myself that pay close attention to the u/d ratio, you may be >interested in this response I got back from DailyGraphs when I questioned >the ratio on MDC (which went from a powerful 5.0 to 7.7 to 8.0 in three >consecutive trading days): > >tom w >-----Original Message----- >From: DailyGraphs >To: 'stkguru@netside.net' >Date: Friday, January 30, 1998 8:41 PM >Subject: MDC > > >> DAILYGRAPHS INC. >>To: >>Thomas Worley >>P. O. Box 015685 >>Miami, FL 33101 >>USA >> >>Thank you for your email. We checked on the U/D volume for MDC reflecting >Tuesd >>ay's trading and everything was correct. The U/D volume is based on a >running 5 >>0-day period, so a new day of trading volume replaces a trading day volume >from >>50 days ago. The change in the U/D volume can be quite significant if the >curre >>nt trading day is the opposite of the one it's replace from 50 days ago. >>For example, the current trading day may be an up day with big volume so >the vol >>ume is added to the numerator. In addition, if the volume is replacing a >down v >>olume from 50 days ago, the denominator is decreased by the down volume. >Thus, t >>he one day of up volume has a compound effect of increasing the numerator >and de >>creasing the denominator, causing the U/D ratio to change significantly. >> >>We hope this answers your question. Please let us know if you need any >further >>clarification. >>Daily Graphs Online >> > > >- > > - - ------------------------------ Date: Sat, 31 Jan 1998 22:34:12 -0500 From: "Frank V. Wolynski" Subject: Re: [CANSLIM] non-CANSLIM card trick At 08:18 1/31/98 -0500, you wrote: >OK, if anyone can figure out this card trick, please let me know. It's at >http://pw2.netcom.com/~sleight/rabbit1.html > >tom w > Nice Tom, thanks, it was missing both my choices! Pretty weird! Frank Wolynski - - ------------------------------ Date: Sat, 31 Jan 1998 17:56:12 -0800 From: Komkit Tukovinit Subject: [CANSLIM] RE: canslim-digest V2 #103 Hi Tom, Fascinating trick. I was trying to keep track of what happened, and it turned out that everytime I play, >= 50% of the original cards (same number, type, and color) were not displayed again in the second set. That means the computer has more than 50% chance of removing the card that I picked. If you keep playing, you will see that it isn't right everytime. Now if I have that odd in picking a CANSLIM stock... kom Date: Sat, 31 Jan 1998 08:18:55 -0500 From: "Tom Worley" Subject: [CANSLIM] non-CANSLIM card trick OK, if anyone can figure out this card trick, please let me know. It's at http://pw2.netcom.com/~sleight/rabbit1.html tom w - - ------------------------------ Date: Sat, 31 Jan 1998 22:22:00 -0500 From: "Frank V. Wolynski" Subject: Re: [CANSLIM] three ways At 23:08 1/29/98 -0500, you wrote: >Can someone please explain to me in simpler form "Three Ways Attempted >Rally Can Fail" in HTMMIS. My e-mail address is tuong1@gte.net ( subscribe >canslim) Plus, anyone know when ANLT (Analytical Survey) will post its next >quarter report and where can I get such information for future references >for different companies and different quarters? > > Don't know about the 3 ways for a rally to fail, but IBD Tuesday Jan27 had ANLT earnings. Last Qtr up 108% .25 vs .12 Last Qtr sales up 129% After Tax Margin up 8.9%, don't know if absolute or relative. Frank Wolynski - - ------------------------------ Date: Sat, 31 Jan 1998 21:48:55 -0800 From: "Patrick Wahl" Subject: [CANSLIM] William O'Neil I went to one of the remote sites that was showing the William O'Neil seminar today. For the most part pretty good. Nothing I didn't know, but it was useful to hear him reiterate certain points that I sometimes am a little careless about, so these things are probably worthwhile even for the guys who have been Canslim people for a while. Quite a large crowd there. I am not good at estimating crowd sizes, but maybe in the 400-500 people area. And it was shown in 20 cities, so many thousands of people saw him. Here are a few comments he had about where to invest right now - Sectors he liked are retailing, Consumer products, homebuilding. He said he does not like high tech that much, but he did say he does not consider software to be a high tech industry. He did say that the buy signal we have talked about was given in the Nasdaq (forget the date), is not worried that not confirmed in the Dow. Also said he is not worried about the Asian problems. A few stocks he mentioned - Pier 1 Home Depot Pfizer Theragenics (mentioned here by yours truly this week) Southwest Air Sapient Pre-Paid Legal New Dimension Software Yahoo Equinox United Video Satellite (kicked around on this list this week) Gulfstream Medical (I think, he was talking pretty quickly) I looked up Equinox, looks pretty good, chart pattern wise, a few others are somewhat extended. - - ------------------------------ Date: Sun, 01 Feb 1998 00:12:54 -0500 From: Behdad Forghani Subject: [CANSLIM] Discount brokers Hello, I have been lurking for while in this group. My reply to Tom's question on the card trick was my first posting. To introduce myself, I am an electrical engineer working for Hewlett-Packard in the area of wireless communications. Before that, I used to work with other communications protocols and systems for HP, Nortel Tech. and other companies. I started investing last year in the beginning of July. Before that, I got a couple of quick lessons from my friends, Motley Fool's site and some books. By the end of October, I was up about 40% (beginner's luck?). I lost most of my gains because I violated one of the CANSLIM principles which was also mentioned in every book on stocks that I had read. I had 20% position in 3COM. When 3COM started to fall, I bought more (big mistake). When it fell farther, I bought even more, saying to myself: it won't fall below $40. This made me lose most of my gains. I ended up finishing the year with about 5% profit because I came to my senses and cut my loss on 3COM before it fell to $31. As my contribution to the list, I believe that the field of wireless communications has a very bright long term prospect. It has a great potential for growth in developed countries as well as the underdeveloped ones. The market of underdeveloped countries is very good because in most cases, it is cheaper to develop a wireless system than to lay copper wires. But, the wireless system is going to suffer by the recent Asian crisis. Up to this year, most of the customers for wireless systems, specially, state of the art CDMA systems were Asians. Probably, Korea was the biggest importer of CDMA systems. This is because, CDMA offers the best capacity which is needed in busy areas. In my opinion, the Asian crisis will only slow down the growth in the short term. In the long term, wireless PCS and other cellular technologies are going to be winners unlike ISDN (ATM will probably be another loser). Another point to watch for in the wireless game, is that there are many competing technologies and standards. To succeed you must pick the winner technology. Of course, almost all the wise players are working on more than one technology. I believe the 'N' to be the most important part of CANSLIM and wireless is a good "New Technology". Now, I had two questions: How do you do the stop loss; do you put an automatic stop loss order with your brokerage? Myself, I have a full time job and I perfer to do all my orders at night. To avoid my mistake with 3COM, I want to have a stop loss on every stock I own and raise the limit as the price of the stock goes up. My second question is: Which discount broker do you recommend which accepts automatic stop loss orders? From my internet research I concluded that Discover, Waterhouse, DLJ Direct do not have the stop loss feature. The only brokers that accept stop loss orders are: DATEK ($9.99 commission), Suretrade ($7.95), Schwab ($29.99) and Accutrade ($30). DATEK only accepts stop loss for NASDAQ stocks. From this, I concluded that Suretrade is the best broker to go with, for my style of investing. I.e., for people who do their orders after hours when markets are closed. Has anybody had experience with Suretrade? Are they good or you recommend another broker? Best Regards, Behdad Forghani - - ------------------------------ Date: Sun, 1 Feb 1998 09:41:29 +0200 From: "David S. Pinhasik" Subject: Re: [CANSLIM] Discount brokers Welcome from a fellow newcomer! >. To avoid my mistake >with 3COM, I want to have a stop loss on every stock I own and raise the >limit as the price of the stock goes up In chapter 10 of HTMMIS, WON discourages moving up the limit. He does give a number of conditions of when and how it may be done, however. David - - ------------------------------ Date: Sun, 01 Feb 1998 08:31:04 -0500 From: Connie Mack Rea Subject: [CANSLIM] Direct Investing - --------------B4A81BCCC27DBF1BBBE81195 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit Members-- Believe I saw a post earlier about direct investing. Here are three sites for more information: http://sdinews.org http://netstockdirect.com http://dripinvestor.com Read these offerings carefully; not all are alike. You should always take care about when you purchase stock so that your money is working immediately. Connie Mack - --------------B4A81BCCC27DBF1BBBE81195 Content-Type: text/html; charset=us-ascii Content-Transfer-Encoding: 7bit Members--

Believe I saw a post earlier about direct investing.  Here are three sites for more information:

    http://sdinews.org

    http://netstockdirect.com

    http://dripinvestor.com

Read these offerings carefully; not all are alike.  You should always take care about when you purchase stock so that your money is working immediately.

Connie Mack - --------------B4A81BCCC27DBF1BBBE81195-- - - ------------------------------ Date: Sun, 01 Feb 1998 06:29:40 -0700 From: Tim Fisher Subject: [CANSLIM] WPSN THRX Didn't see any replies and my mailbox is very light this morning so I'm sending it again "just in case"... WPSN: Been watching this one for a while now; it put on 2.8% Friday (new closing high) on 1.6X ADV. It's coming off a short base in the 45-46 range that started Dec 20. The previous base was 41-42 and ran from Nov 1 to Dec 8 or so. No news since Nov 25; earnings are due Thursday 2/5. Whisper action maybe? Any opinions? Any recent RS/GRS/EPS numbers? Old stats (Dec data; all relative to group except RS): 5yrEPS % 0Q % -1Q % GRS RS 79% 58% 58% 60% 58% If you are in search of N then THRX provides almost more N than you could want this week. Boy do I wish I BOT on Tues or Wed! Is it too late to get in? P.S. TMBS reported Thurs and didn't budge either way; I think it's been mentioned here before. 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: Sun, 01 Feb 1998 08:00:06 -0700 From: jeff@scrooge.csd.sdl.usu.edu (Jeff Salisbury) Subject: [CANSLIM] Changing your canslim subscription This is a monthly posting to the CANLSLIM group. Frequently, people sign up for the canslim list and then are overwhelmed by the volume of the email. There are two remedies for this problem: 1) You can leave our group, or 2) you can switch to the digest version which "conglomerates" many canslim messages into one large message. To change your configuration, email a message to: majordomo@xmission.com The remove yourself from the canslim list, write in the body of the email: unsubscribe canslim To add yourself to the digest version of the canslim list, write in the body of the email: subscribe canslim-digest For general help with majordomo commands, write in the body of the email: help If you need further clarification, write me directly at: canslim-owner@xmission.com Best Regards, Jeff Salisbury - CANSLIM list admin / owner - - ------------------------------ Date: Sun, 01 Feb 1998 17:00:53 GMT From: musicant@autobahn.org (Dan Musicant) Subject: [CANSLIM] Website for 20 DMA? I've been using DG Online, but they only have 50 and 200 DMA. Does anyone know of websites where you can get charts on stocks with 20 DMA. TIA, Dan - - ------------------------------ Date: Sun, 1 Feb 1998 09:42:21 -0800 From: "Robert Venchiarutti" Subject: Re: [CANSLIM] Website for 20 DMA? Try www.bigcharts.com. - -----Original Message----- From: Dan Musicant To: canslim@xmission.com Date: Sunday, February 01, 1998 9:02 AM Subject: [CANSLIM] Website for 20 DMA? I've been using DG Online, but they only have 50 and 200 DMA. Does anyone know of websites where you can get charts on stocks with 20 DMA. TIA, Dan - - - - ------------------------------ Date: Sun, 1 Feb 1998 14:04:14 EST From: JANSI1AUG1@aol.com Subject: [CANSLIM] Re. Formations Tom: Recently in commenting on Canslim Subscribers finding a plethora of C&H formations everywhere they look, you said: there are a lot of successful chart formations and C&H is only 1 of them-and possibly the rarest. Would you tell us and describe the others? I'm sure I speak for other Canslimmers in saying that the info (even though you qualify all your nuggets in the final paragraph) would be most useful. jans - - ------------------------------ Date: Sun, 1 Feb 1998 14:34:48 -0500 From: "Scott Szwast" Subject: Re: [CANSLIM] Website for 20 DMA? This is my favorite for charts. You can knock out a quick bar or candlestick chart with 20, 50, and 200 DMA, along with volume, and it prints well. http://www.investools.com/cgi-bin/charts.pl - - ------------------------------ End of canslim-digest V2 #104 ***************************** To unsubscribe to canslim-digest, send an email to "majordomo@xmission.com" with "unsubscribe canslim-digest" in the body of the message. For information on digests or retrieving files and old messages send "help" to the same address. Do not use quotes in your message.