From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #1088 Reply-To: canslim Sender: owner-canslim-digest@lists.xmission.com Errors-To: owner-canslim-digest@lists.xmission.com Precedence: bulk Content-Transfer-Encoding: quoted-printable X-No-Archive: yes canslim-digest Saturday, January 13 2001 Volume 02 : Number 1088 In this issue: [CANSLIM] Yahoo! Auto Response RE: [CANSLIM] whispering [CANSLIM] SHFL [CANSLIM] SHFL [CANSLIM] Introduction and M? Re: [CANSLIM] Introduction and M? Re: [CANSLIM] Introduction and M? Re: [CANSLIM] Introduction and M? Re: [CANSLIM] Introduction and M? Re: [CANSLIM] Introduction and M? Re: [CANSLIM] Introduction and M? [CANSLIM] Fwd: Web Site Updated Re: [CANSLIM] Introduction and M? [CANSLIM] MDC ---------------------------------------------------------------------- Date: Fri, 12 Jan 2001 13:27:24 -0800 (PST) From: Subject: [CANSLIM] Yahoo! Auto Response I am on vacation and will return on Monday, January 22. If this email is in regard to an eBay auction that I bid on (Endgame video or Dinesen tapes), please be patient. I will contact you as soon as I return to make arrangements for money/item transfers. Thank you for your understanding. Joe Herro - -------------------- Original Message: >From owner-canslim-digest@lists.xmission.com Fri Jan 12 21:27:20 2001 Return-Path: X-Track: 1: 40 Received: from lists.xmission.com (198.60.22.7) by mta452.mail.yahoo.com with SMTP; 12 Jan 2001 13:27:14 -0800 (PST) Received: from domo by lists.xmission.com with local (Exim 2.12 #2) id 14HBgY-0007Vj-00 for canslim-digest-gooutt@lists.xmission.com; Fri, 12 Jan 2001 14:24:34 -0700 From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #1087 Reply-To: canslim@lists.xmission.com Sender: owner-canslim-digest@lists.xmission.com Errors-To: owner-canslim-digest@lists.xmission.com Precedence: bulk Content-Transfer-Encoding: quoted-printable X-No-Archive: yes Message-Id: Date: Fri, 12 Jan 2001 14:24:34 -0700 canslim-digest Friday, January 12 2001 Volume 02 : Number 1087 In this issue: [CANSLIM] FT Re: [CANSLI _________________________________________________________ DO YOU YAHOO!? Get your free @yahoo.com address at http://mail.yahoo.com - - ------------------------------ Date: Fri, 12 Jan 2001 16:35:10 -0500 From: Rakesh Sanghvi Subject: RE: [CANSLIM] whispering I think we have one last leg down left yet. Optimism is still too high and IBD is still quite cautious in calling this a new bull rally. All the most actives today were mostly in red. ARBA for one declared good results (profits) and predicted BETTER than anticipated results ahead and got brutually whacked. Technically, we are directly looking at some pretty heavy resistance ahead and it will take a lot of momentum to overcome it. Perhaps the final capitulation is being set up (Nas to 2000, you have got to admit that such a capitulation will devastate even the super optimists) before a clean new run. jmho. - -----Original Message----- From: Makara, Tamas [mailto:t.makara@alarmix.net] Sent: Friday, January 12, 2001 4:24 PM To: cs Subject: [CANSLIM] whispering This market whispers it doesn't want to go down any more. Things start to fall in place: net new highs, breadth, up volume / down volume, monetary indicators, positive reaction to bad news, week openings and good final hours, scary headlines. And we had two follow through days. Get ready those watch lists. Tamas - - - - ------------------------------ Date: Fri, 12 Jan 2001 15:48:11 -0600 From: "Dave Massaglia" Subject: [CANSLIM] SHFL SHFL has broken out nicely in the last few days. The 3 for 2 split may have something to do with this stock's recent performance. This is one company that is reporting some profits. >This is what I like about the action, most people are not so optimistic >any more. They don't want to jump on the first signs of strength. Good >follow through days should be difficult to beleive. Obviously, there are >not many CANSLIM setups right now, but time will tell. Although >personally I am still very bearish on US stocks long term, regarding the >intermediate term it seems to me that the market's language has changed, >and has been much more encouriging lately. > >Tamas > > > From: "Tim Fisher" > > Subject: Re: [CANSLIM] FT > > Date: 11 Jan 2001 05:38:52 -0800 > > > > It did not even make it back to where it closed on the day it made the >low > > and gained 300 pts. This may meet the technical follow-through day >criteria > > but it is not a follow-through for me until it takes out that 2625-ish >top > > last week. > > > > >- > _________________________________________________________________ Get your FREE download of MSN Explorer at http://explorer.msn.com - - ------------------------------ Date: Fri, 12 Jan 2001 15:48:20 -0600 From: "Dave Massaglia" Subject: [CANSLIM] SHFL SHFL has broken out nicely in the last few days. The 3 for 2 split may have something to do with this stock's recent performance. This is one company that is reporting some profits. > _________________________________________________________________ Get your FREE download of MSN Explorer at http://explorer.msn.com - - ------------------------------ Date: Fri, 12 Jan 2001 15:04:57 -0800 From: "Fredrick Doolittle" Subject: [CANSLIM] Introduction and M? Greetings. This is a test of this system; I am new on this board. I've been reading IBD a little over a year now and am very impressed with it. Following canslim automatically ratcheted me out of equities into cash over the summer / fall, and lo and behold, it's a great position to have right now. A few questions / comments: 1) as noted on board last day, indeed we've had a legitimate follow through, in fact one of the more solid ones in a long time. I'm concerned, however, about the reasons for the follow through. Under healthy circumstances, people get depressed about market, bad news, etc and lose interest. At some point, however, certain great companies earnings (and sales) quietly begin to accelerate (in line with canslim), and they break out of bases. Ideally these companies are in industries with lots of growth headroom. This time, however, accelerating earnings are few and far between; most are decelerating. Does this turnaround lack foundation? Is it pure hype due to int rate reduction in the evening news? 2) I've noticed that opec is cutting back again, apparently striving for stability in the low-mid $30/bbl, vs the stated policy of mid 20s. This isn't good for M for two reasons. 1st, the financial drain on the world economy pulls $ from other uses (though it strengthens oil producing countries and companies, which could spell opportunity). 2nd, it could limit the amount of the late january fed rate reduction by creating inflationary pressure. thoughts? 3) Behdad mentioned to consider discounting good RS of sectors being rotated out. The hottest sector lately seems to have been financial svc/banking. will this wither in turnaround? I don't fully understand banking peaks and valleys; what drives them, etc. Of course computer/ software has been in tank and I agree that these stocks have much healthier valuation now. Software / computer industry has some very attractive features built in that make it more likely to produce canslim stocks than certain other industries. biotech / med can be good in long haul, but has slim pikins for good accelerating earnings, solid roe, etc. 4) any other canslim / ibd boards folks have found out there? It's a tough thing to search for. anyone else learned other meanings for "ibd"? Regards, Fred _________________________________________________________________ Get your FREE download of MSN Explorer at http://explorer.msn.com - - ------------------------------ Date: Sat, 13 Jan 2001 10:46:36 -0500 From: "Tom Worley" Subject: Re: [CANSLIM] Introduction and M? Welcome to the group, Fredrick, it's a great place to be and remarkably civil. My overall sense is that this reversal will take longer to sort itself out in terms of earnings. I suspect, and expect, that the major corps will go thru a period of layoffs, marketing cutbacks, and other cost efficiencies efforts to restore their bottom line. Currently, the big cap stocks seem to be hit the hardest, while the small caps (which had already shown resilience), seem to be the most in favor. I see this particularly in the Advance / Decline lines where the broad market shows improvement even on some down days where the big caps get hammered (and the indexes are down as a result) yet A/D may be positive or less negative. If OPEC follows thru with its indicated cutback in production of 1.5 million barrels per day (and I am already on record saying that would be very stupid), then it may increase pressure on Mr. G to cut up to 50 basis pts at the Jan FOMC meeting to offset the higher costs of energy. The crises in CA will only add to that. I am still expecting a cut of 25 BP, esp after Friday's economic reports. More reports come out this week that may clarify what to expect from the Feds. OPEC wants to keep prices for crude in the upper 20s, Friday saw prices cross $30 in anticipation of the production cuts, thus they may compromise under pressure from the US Sec. of Energy and reduce cuts. That should drop futures back into the upper 20s. I would definitely agree that it is too late to enter high RS sectors that are likely to rotate out of favor in the next weeks to months. Look at the selloff in the long bond on Friday, the days of "safe havens" are, for the moment, done for Treasuries and utilities. Utilities in particular are being double-hammered by the crises in CA and the recovery of tech stocks. Tom Worley stkguru@netside.net ICQ # 5568838 - ----- Original Message ----- From: Fredrick Doolittle To: Sent: Friday, January 12, 2001 6:04 PM Subject: [CANSLIM] Introduction and M? Greetings. This is a test of this system; I am new on this board. I've been reading IBD a little over a year now and am very impressed with it. Following canslim automatically ratcheted me out of equities into cash over the summer / fall, and lo and behold, it's a great position to have right now. A few questions / comments: 1) as noted on board last day, indeed we've had a legitimate follow through, in fact one of the more solid ones in a long time. I'm concerned, however, about the reasons for the follow through. Under healthy circumstances, people get depressed about market, bad news, etc and lose interest. At some point, however, certain great companies earnings (and sales) quietly begin to accelerate (in line with canslim), and they break out of bases. Ideally these companies are in industries with lots of growth headroom. This time, however, accelerating earnings are few and far between; most are decelerating. Does this turnaround lack foundation? Is it pure hype due to int rate reduction in the evening news? 2) I've noticed that opec is cutting back again, apparently striving for stability in the low-mid $30/bbl, vs the stated policy of mid 20s. This isn't good for M for two reasons. 1st, the financial drain on the world economy pulls $ from other uses (though it strengthens oil producing countries and companies, which could spell opportunity). 2nd, it could limit the amount of the late january fed rate reduction by creating inflationary pressure. thoughts? 3) Behdad mentioned to consider discounting good RS of sectors being rotated out. The hottest sector lately seems to have been financial svc/banking. will this wither in turnaround? I don't fully understand banking peaks and valleys; what drives them, etc. Of course computer/ software has been in tank and I agree that these stocks have much healthier valuation now. Software / computer industry has some very attractive features built in that make it more likely to produce canslim stocks than certain other industries. biotech / med can be good in long haul, but has slim pikins for good accelerating earnings, solid roe, etc. 4) any other canslim / ibd boards folks have found out there? It's a tough thing to search for. anyone else learned other meanings for "ibd"? Regards, Fred _________________________________________________________________ Get your FREE download of MSN Explorer at http://explorer.msn.com - - - - ------------------------------ Date: 13 Jan 2001 07:50:05 -0800 From: "Tim Fisher" Subject: Re: [CANSLIM] Introduction and M? yeah, I have one of them...;{ At 03:04 PM 1/12/2001 -0800, you wrote: >anyone else learned other meanings for "ibd"? > >Regards, >Fred Tim Fisher, 1995 President, Pacific Fishery Biologists Ore-ROCK-On Rockhounding Web Site PFB Information mailto:tim@OreRockOn.com WWW http://OreRockOn.com - - ------------------------------ Date: 13 Jan 2001 07:50:05 -0800 From: "Tim Fisher" Subject: Re: [CANSLIM] Introduction and M? yeah, I have one of them...;{ At 03:04 PM 1/12/2001 -0800, you wrote: >anyone else learned other meanings for "ibd"? > >Regards, >Fred Tim Fisher, 1995 President, Pacific Fishery Biologists Ore-ROCK-On Rockhounding Web Site PFB Information mailto:tim@OreRockOn.com WWW http://OreRockOn.com - - ------------------------------ Date: Sat, 13 Jan 2001 09:46:44 -0700 From: Earl Setser Subject: Re: [CANSLIM] Introduction and M? Welcome to the group. I think you will find this group rich with ideas and opinions. I have found the discussions boths interesting and educational. You will also find a diversity of opinions on certain subjects, so hang on in those cases!! I also wonder about Group RS and how to best use and/or modify the number to find the groups that are starting to lead now. IBD has repeatedly discussed the overall weak growth of many of the groups that have been strong this fall, and stated that it may take quite a bit of time to establish new leadership if this most recent follow-through succeeds. Personally, I have noted the weakness of many of the medical groups since the first of the year. Just to see how my "impressions" match reality, I grabbed next Tuesday's IBD ranks and compared them to the ranks at Christmas (IBD 12/26). Here are some of the comparisons between ranks along with a YTD gain on each: 12/26/00 1/16/00 YTD S&P500 (for comparison) -0.1 Bldg-Resident/Commrcl 1 1 +4.1 Medical/Dental/Services 2 6 -12 Medical-Outpnt/Hm Care 3 2 -2.6 Medical-Hlth Maint Org 4 21 -12 Medical-Hospitals 5 12 -17.2 Comml Serv-Busincess Svcs 6 4 -2.5 Insurance-Prop/Cas/Titl 8 8 -9.2 Finance-Mrtg&Rel Svcs 9 5 -3.7 Aerospace Defense 10 13 -2.7 Medical-Nursing Homes 11 15 -4.3 Banks-West/Southwest 14 16 -1.3 Medical-Whsle Drg/Sund 15 17 -6.2 Finance-Savings & Loan 16 20 +0.1 Insurance-Life 18 22 -7.8 Insurance-Diversified 19 49 -9.3 Retail-Apparel/Shoe 21 14 +7.6 Banks-Super Regional 23 19 -2.5 Banks-Northeast 43 26 +1.2 Banks-Midwest 50 32 +0.7 Banks-Foreign 78 33 +1.7 Computer Software-Med 30 38 +15.8 Leisure-Hotels & Motels 63 39 +2.2 Elec-Military Systems 27 43 +3.1 Computer Softw-Educ/Entr 120 46 +3.5 Banks-Southeast 72 55 +3.6 Real Estate Operations 89 73 +1.9 Finance-Investment Bkrs 67 75 +5.4 A quick scan shows that most Medical or Insurance groups are going down in rank, and this trend is probably accelerating since the first of the year. Bank and Finance groups shows mixed changes in rank with quite a few moving up, BUT show good results as far as YTD. I think this backs up your observation. Of course, the real test will be good stocks breaking out of solid bases. There really isn't much of this kind of action in the Medical/Insurance groups right now anyway. I think my approach will be to concentrate on other groups for the next week or so and then see where we stand at that point. FWIW, I did move into a couple of stocks yesterday (SHFL and TYC), so I'm now invested in 3 positions (out of 7 total), just under 50% invested. At 03:04 PM 1/12/01 -0800, you wrote: >Greetings. This is a test of this system; I am new on this board. I've >been reading IBD a little over a year now and am very impressed with it. >Following canslim automatically ratcheted me out of equities into cash over >the summer / fall, and lo and behold, it's a great position to have right >now. > >A few questions / comments: >1) as noted on board last day, indeed we've had a legitimate follow >through, in fact one of the more solid ones in a long time. I'm concerned, >however, about the reasons for the follow through. Under healthy >circumstances, people get depressed about market, bad news, etc and lose >interest. At some point, however, certain great companies earnings (and >sales) quietly begin to accelerate (in line with canslim), and they break >out of bases. Ideally these companies are in industries with lots of growth >headroom. > >This time, however, accelerating earnings are few and far between; most are >decelerating. Does this turnaround lack foundation? Is it pure hype due to >int rate reduction in the evening news? > >2) I've noticed that opec is cutting back again, apparently striving for >stability in the low-mid $30/bbl, vs the stated policy of mid 20s. This >isn't good for M for two reasons. 1st, the financial drain on the world >economy pulls $ from other uses (though it strengthens oil producing >countries and companies, which could spell opportunity). 2nd, it could >limit the amount of the late january fed rate reduction by creating >inflationary pressure. > >thoughts? > >3) Behdad mentioned to consider discounting good RS of sectors being rotated >out. The hottest sector lately seems to have been financial svc/banking. >will this wither in turnaround? I don't fully understand banking peaks and >valleys; what drives them, etc. Of course computer/ software has been in >tank and I agree that these stocks have much healthier valuation now. >Software / computer industry has some very attractive features built in that >make it more likely to produce canslim stocks than certain other industries. > biotech / med can be good in long haul, but has slim pikins for good >accelerating earnings, solid roe, etc. > >4) any other canslim / ibd boards folks have found out there? It's a tough >thing to search for. anyone else learned other meanings for "ibd"? > >Regards, >Fred > >_________________________________________________________________ >Get your FREE download of MSN Explorer at http://explorer.msn.com > >- > > > - - ------------------------------ Date: Sat, 13 Jan 2001 09:06:38 -0800 (PST) From: Dave Cameron Subject: Re: [CANSLIM] Introduction and M? Fred, Welcome to the CANSLIM group. I've been monitoring this group for years. At one time (a few years ago), I was a very active participant. Lately, I've been more on the sidelines. Congratulations on using the CANSLIM principles to get you out of being fully invested and into a cash position in midyear 2000. I wish I'd been that smart. Let's see. I agree that now is a good time to get back in. I have noticed that several companies are having downside earnings surprised, but there are a lot of small caps out there which are not. In recent years, small caps have not been leader stocks as often as large caps. Maybe they're due? Anyway... I've been watching several individual stocks - and as of yesterday, have gone back to fully invested. This may be foolish, I may be premature - but its my take on the current market. As far as other CANSLIM boards, at one time this one was ranked one of the top investing boards in existence (of course, that was in 1997...) due to civility, focus, breadth of information, etc. I prefer to think that to some extent we still are all of the above. The Motley Fool site has a CANSLIM board, but I'm not convinced that a lot of the posters are adherents to it. The Fool's philosophy is not always in accordance with CANSLIM's. Cheers, Dave Cameron dfcameron@yahoo.com > > > At 03:04 PM 1/12/01 -0800, you wrote: > >Greetings. This is a test of this system; I am new on > this board. I've > >been reading IBD a little over a year now and am very > impressed with it. > >Following canslim automatically ratcheted me out of > equities into cash over > >the summer / fall, and lo and behold, it's a great > position to have right > >now. > > > >A few questions / comments: > >1) as noted on board last day, indeed we've had a > legitimate follow > >through, in fact one of the more solid ones in a long > time. I'm concerned, > >however, about the reasons for the follow through. > Under healthy > >circumstances, people get depressed about market, bad > news, etc and lose > >interest. At some point, however, certain great > companies earnings (and > >sales) quietly begin to accelerate (in line with > canslim), and they break > >out of bases. Ideally these companies are in industries > with lots of growth > >headroom. > > > >This time, however, accelerating earnings are few and > far between; most are > >decelerating. Does this turnaround lack foundation? Is > it pure hype due to > >int rate reduction in the evening news? > > > >2) I've noticed that opec is cutting back again, > apparently striving for > >stability in the low-mid $30/bbl, vs the stated policy > of mid 20s. This > >isn't good for M for two reasons. 1st, the financial > drain on the world > >economy pulls $ from other uses (though it strengthens > oil producing > >countries and companies, which could spell opportunity). > 2nd, it could > >limit the amount of the late january fed rate reduction > by creating > >inflationary pressure. > > > >thoughts? > > > >3) Behdad mentioned to consider discounting good RS of > sectors being rotated > >out. The hottest sector lately seems to have been > financial svc/banking. > >will this wither in turnaround? I don't fully > understand banking peaks and > >valleys; what drives them, etc. Of course computer/ > software has been in > >tank and I agree that these stocks have much healthier > valuation now. > >Software / computer industry has some very attractive > features built in that > >make it more likely to produce canslim stocks than > certain other industries. > > biotech / med can be good in long haul, but has slim > pikins for good > >accelerating earnings, solid roe, etc. > > > >4) any other canslim / ibd boards folks have found out > there? It's a tough > >thing to search for. anyone else learned other meanings > for "ibd"? > > > >Regards, > >Fred > > > >_________________________________________________________________ > >Get your FREE download of MSN Explorer at > http://explorer.msn.com > > > >- > > > > > > > > - > __________________________________________________ Do You Yahoo!? Get email at your own domain with Yahoo! Mail. http://personal.mail.yahoo.com/ - - ------------------------------ Date: 13 Jan 2001 09:31:41 -0800 From: "Tim Fisher" Subject: Re: [CANSLIM] Introduction and M? TMF's board is run by dbphoenix, former prolific poster to this list, and his posts there are _very_ worthwhile reading. I miss his participation here. At 09:06 AM 1/13/2001 -0800, you wrote: >As far as other CANSLIM boards, at one time this one was >ranked one of the top investing boards in existence (of >course, that was in 1997...) due to civility, focus, >breadth of information, etc. I prefer to think that to >some extent we still are all of the above. The Motley >Fool site has a CANSLIM board, but I'm not convinced that a >lot of the posters are adherents to it. The Fool's >philosophy is not always in accordance with CANSLIM's. > >Cheers, > >Dave Cameron >dfcameron@yahoo.com Tim Fisher, 1995 President, Pacific Fishery Biologists Ore-ROCK-On Rockhounding Web Site PFB Information mailto:tim@OreRockOn.com WWW http://OreRockOn.com - - ------------------------------ Date: 13 Jan 2001 10:46:24 -0800 From: "Tim Fisher" Subject: [CANSLIM] Fwd: Web Site Updated Looks like Ron is now just updating the HGS website, so I'll give the URL once, then it's up to you to go view his "M" comments, which are usually posted Saturday morning. >Please go to http://www.ianforum.com/nasdaq.htm for my comments and >charts. Industry Monitors will send the comments to all IRL subscribers. > >Thank you. > >Ron Tim Fisher, 1995 President, Pacific Fishery Biologists Ore-ROCK-On Rockhounding Web Site PFB Information mailto:tim@OreRockOn.com WWW http://OreRockOn.com - - ------------------------------ Date: Sat, 13 Jan 2001 13:20:19 -0800 From: "Behdad Forghani" Subject: Re: [CANSLIM] Introduction and M? Hi, Welcome to the list. I also find have found it very educational. Thank you Jeff, for maintaining it. I am not very knowledgeable of economics, specially the fine points. So, I hope other members will correct me if I am wrong. I believe that banks behave the same way as bonds do. I.e., they also go up when interest rates come down. That is because, they collect interest from the locked in loans at a higher price, but, their cost of borrowing is less. I believe good technology companies are bigger fish with higher upside though. Here are a couple of other points that I believe. Again, I hope that other members will correct me if they disagree with me: A/D line has been up. I look at A/D as probability of making money. I.e., an A/D of above one means that the stocks that you buy are more likely to go up on average. Although, I think it should be weighed by their Up/Down volume and percentage of movement. I am going to write a program to find a good formula and test it. I usually use Python language to write such programs. Feds are going to cut interest rates further. Even if it happens later than sooner. I guess I am not alone to believe that Interest rate cut is most reliable indicator of the market direction. There is something else that most people don't know about. Which is a thrump card of US government. I still kick myself for not taking advantage of rising oil prices, because, I had got the news of Iranians and Saudis agree to cut product last year. I could have been rich. I did not buy oil because I never traded commodities and I was too lazy. The thrump card of US is that there is more oil (an ocean of it) in Central Asia than in persian gulf. The oil has not been exploited because of the US foreign policy. However, if US gets fed up with a less friendly OPEC, which I believe will be the case as prince Abdullah is less friendly to US than King Fahd. Oil can drop to below $20 in a short time. Again, I meant to short oil when it was around $35, but, I was lazy again. But, if I see a breakthrough in the oil piplelines from Central Asia, I won't miss this opportunity again. However, the current US plan for Central Asia pipleline are not reallistic. But, there are solutions to that. - ----- Original Message ----- From: "Fredrick Doolittle" To: Sent: Friday, January 12, 2001 3:04 PM Subject: [CANSLIM] Introduction and M? > Greetings. This is a test of this system; I am new on this board. I've > been reading IBD a little over a year now and am very impressed with it. > Following canslim automatically ratcheted me out of equities into cash over > the summer / fall, and lo and behold, it's a great position to have right > now. > > A few questions / comments: > 1) as noted on board last day, indeed we've had a legitimate follow > through, in fact one of the more solid ones in a long time. I'm concerned, > however, about the reasons for the follow through. Under healthy > circumstances, people get depressed about market, bad news, etc and lose > interest. At some point, however, certain great companies earnings (and > sales) quietly begin to accelerate (in line with canslim), and they break > out of bases. Ideally these companies are in industries with lots of growth > headroom. > > This time, however, accelerating earnings are few and far between; most are > decelerating. Does this turnaround lack foundation? Is it pure hype due to > int rate reduction in the evening news? > > 2) I've noticed that opec is cutting back again, apparently striving for > stability in the low-mid $30/bbl, vs the stated policy of mid 20s. This > isn't good for M for two reasons. 1st, the financial drain on the world > economy pulls $ from other uses (though it strengthens oil producing > countries and companies, which could spell opportunity). 2nd, it could > limit the amount of the late january fed rate reduction by creating > inflationary pressure. > > thoughts? > > 3) Behdad mentioned to consider discounting good RS of sectors being rotated > out. The hottest sector lately seems to have been financial svc/banking. > will this wither in turnaround? I don't fully understand banking peaks and > valleys; what drives them, etc. Of course computer/ software has been in > tank and I agree that these stocks have much healthier valuation now. > Software / computer industry has some very attractive features built in that > make it more likely to produce canslim stocks than certain other industries. > biotech / med can be good in long haul, but has slim pikins for good > accelerating earnings, solid roe, etc. > > 4) any other canslim / ibd boards folks have found out there? It's a tough > thing to search for. anyone else learned other meanings for "ibd"? > > Regards, > Fred > > _________________________________________________________________ > Get your FREE download of MSN Explorer at http://explorer.msn.com > > - - - ------------------------------ Date: Sat, 13 Jan 2001 16:39:07 -0500 From: "Charles Layne" Subject: [CANSLIM] MDC Let's see if I can get a little help from my friends... Even though Mr. O'Neill says to stay out of the market during the bear, I jumped in anyway. I climbed onto MDC (MDC Holdings) at 29 3/4 and have seen it blow away its former high. At least one bright spot in my sometimes dismal array of selections. Of course it doesn't hurt being in the number one sector for the time being. This past week, MDC has been propelled further on indication of higher than expected earnings. Up volume has been heavy. Now, what should I be looking at? Has it gone too far too fast or will it hang in there in light of current economy and future expected rate cuts? (I know, no one can predict - just looking for indications). Any other hints? Thanks! Chuck Layne - - ------------------------------ End of canslim-digest V2 #1088 ****************************** To unsubscribe to canslim-digest, send an email to "majordomo@xmission.com" with "unsubscribe canslim-digest" in the body of the message. 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