From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #1206 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 Wednesday, March 14 2001 Volume 02 : Number 1206 In this issue: Re: [CANSLIM] Re: Shorting CANSLIM stocks Re: [CANSLIM] MINI Re: [CANSLIM] MINI Re: [CANSLIM] NBR tonight momentum investing Re: [CANSLIM] ADVP and Fridays vol. - shorts? [CANSLIM] Has bear mkt hit bottom? Re: [CANSLIM] How significant is book value for tech co's? Re: [CANSLIM] Has bear mkt hit bottom? Re: [CANSLIM] Has bear mkt hit bottom? Re: [CANSLIM] NBR tonight momentum investing Re: [CANSLIM] ADVP and Fridays vol. - shorts? Re: [CANSLIM] big volume spike BCP BANR HF [CANSLIM] Earnings / Revenues Warnings [CANSLIM] Little Humor RE: [CANSLIM] DGO Online RE: [CANSLIM] Has bear mkt hit bottom? RE: [CANSLIM] Has bear mkt hit bottom? RE: [CANSLIM] Has bear mkt hit bottom? RE: [CANSLIM] DGO Online [CANSLIM] Many Thanks ---------------------------------------------------------------------- Date: Tue, 13 Mar 2001 23:43:21 -0500 From: "Robert McGill" Subject: Re: [CANSLIM] Re: Shorting CANSLIM stocks I agree with you when you say it's a late stage bear, but this gives us plenty of time to prepare for the next bit or irrational exuberance so that we can make money on the way down as well on the way up. - ----- Original Message ----- From: "Tom Worley" To: Sent: Tuesday, March 13, 2001 9:29 PM Subject: Re: [CANSLIM] Re: Shorting CANSLIM stocks > If I were to look for short candidates in what I perceive to be a > late stage bear, I would look for stocks that still trade at very > high PE ratios, and study both their latest earnings reports, as > well as look for comments from them or other companies in the > same industry indicating the see upcoming shortfalls in revenues > and earnings. On DGO, you can also see at a glance if the > analysts have been cutting full year forecasts. > > But if I am correct that this is a late stage bear, then that may > be a tactic nearly too late except for the day traders. > > Tom Worley > stkguru@netside.net > ICQ # 5568838 > > > ----- Original Message ----- > From: Tim Fisher > To: > Sent: Tuesday, March 13, 2001 10:47 AM > Subject: [CANSLIM] Re: Shorting CANSLIM stocks > > > I looked at the homebuilders this AM, as they were mentioned as > being > shorting candidates. This seems to me to be a very dangerous > game. From > what I have read about shorting candidates, these are about the > worst > candidates you could want. They are in the #1 industry group, are > not > correcting with the general market, and are trading well within > their > bases. Some, like NVR, are still extended above their closest > base. When I > have read about applying CANSLIM to shorting, I have seen > screening > criteria like looking for stocks with decelerating earnings, RS, > and GRS, > and breakdowns as opposed to breakouts. In other words, > deteriorating > fundamentals and a deteriorating chart. The homebuilders possess > none of > these characteristics. > > The only possible criteria I see is that they are back into their > bases > (except NVR and maybe some others); if they broke down and > violated nearby > support then they would no longer make my watch lists, but would > that make > them short candidates? Not for me. Why would you short some of > the top > performing stocks in the market as rated by IBD? Talk about > swimming > against the current. The only thing in your favor right now is M. > > Chartwise, I think the short trades that have a decent chance of > being > winning trades are on a stock that has broken down, tried to > recover to a > moving average (i.e. 50 dma), and broken down again. I got that > from Gary > the Chartist at TSC when it was still free. He seems to have > chart analysis > down pat, and is in agreement with Marder et al. on analyzing > charts for > buy signals. > > > Tim Fisher, 1995 President, Pacific Fishery Biologists > Ore-ROCK-On Rockhounding Web Site > PFB Information > mailto:tim@OreRockOn.com > WWW http://OreRockOn.com > > > - > > > > - > - - ------------------------------ Date: Tue, 13 Mar 2001 23:50:42 -0500 From: "Tom Worley" Subject: Re: [CANSLIM] MINI This is a multi-part message in MIME format. - ------=_NextPart_000_0038_01C0AC18.6A964740 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Chris, Aside from GRS of 62, and not sure how much that counts right now, looks = to have good possibilities as a watch candidate. Chart seems to me to be = breaking current base on volume, regardless of new high. Tom Worley stkguru@netside.net ICQ # 5568838 ----- Original Message -----=20 From: Vanchee1@aol.com=20 To: canslim@xmission.com=20 Sent: Tuesday, March 13, 2001 7:49 PM Subject: [CANSLIM] MINI MINI 93/84, is moving up on very good volume last couple of days, not = a new=20 high yet but looking good.=20 Chris.=20 - ------=_NextPart_000_0038_01C0AC18.6A964740 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Chris,
 
Aside from GRS of 62, and not sure how much that = counts right=20 now, looks to have good possibilities as a watch candidate. Chart seems = to me to=20 be breaking current base on volume, regardless of new high.

Tom Worley
stkguru@netside.net
ICQ # = 5568838
 
 
----- Original Message -----
From:=20 Vanchee1@aol.com=20
Sent: Tuesday, March 13, 2001 = 7:49=20 PM
Subject: [CANSLIM] MINI

MINI 93/84, = is moving=20 up on very good volume last couple of days, not a new
high yet but = looking=20 good.

Chris. - ------=_NextPart_000_0038_01C0AC18.6A964740-- - - ------------------------------ Date: Tue, 13 Mar 2001 23:50:42 -0500 From: "Tom Worley" Subject: Re: [CANSLIM] MINI This is a multi-part message in MIME format. - ------=_NextPart_000_0038_01C0AC18.6A964740 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Chris, Aside from GRS of 62, and not sure how much that counts right now, looks = to have good possibilities as a watch candidate. Chart seems to me to be = breaking current base on volume, regardless of new high. Tom Worley stkguru@netside.net ICQ # 5568838 ----- Original Message -----=20 From: Vanchee1@aol.com=20 To: canslim@xmission.com=20 Sent: Tuesday, March 13, 2001 7:49 PM Subject: [CANSLIM] MINI MINI 93/84, is moving up on very good volume last couple of days, not = a new=20 high yet but looking good.=20 Chris.=20 - ------=_NextPart_000_0038_01C0AC18.6A964740 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Chris,
 
Aside from GRS of 62, and not sure how much that = counts right=20 now, looks to have good possibilities as a watch candidate. Chart seems = to me to=20 be breaking current base on volume, regardless of new high.

Tom Worley
stkguru@netside.net
ICQ # = 5568838
 
 
----- Original Message -----
From:=20 Vanchee1@aol.com=20
Sent: Tuesday, March 13, 2001 = 7:49=20 PM
Subject: [CANSLIM] MINI

MINI 93/84, = is moving=20 up on very good volume last couple of days, not a new
high yet but = looking=20 good.

Chris. - ------=_NextPart_000_0038_01C0AC18.6A964740-- - - ------------------------------ Date: Tue, 13 Mar 2001 21:42:13 -0800 From: Dan Subject: Re: [CANSLIM] NBR tonight momentum investing Hi Tom, Tom Worley wrote: > The key to today's "rally" ( I won't be a believer until I get at > least three consecutive days like this, and then after the last > rally, only if I get another five or six more days like that, > call me cautious), was the retail sales report. After January's > report got revised up from a plus 0.7% to 1.3%, and expectations > for February's report to come in at a plus 0.4%, today's report > of a minus 0.2% growth strengthens expectations of a Fed rate > hike next week of 50 (or at least 50) basis points. Do you mean hike or cut? > > I am still expecting a simple 50 BP, but with no change in the > bias. > > Tom Worley > stkguru@netside.net > ICQ # 5568838 > > ----- Original Message ----- > From: Dan Forant > To: > Sent: Tuesday, March 13, 2001 8:43 PM > Subject: Re: [CANSLIM] NBR tonight momentum investing > > Sure I'll give it a shot. These analysts may know more stats than > you or I > but most likely couldn't put together a run of winners any > better. Today was > just some buying by the bottom feeders. More turmoil ahead. How's > that for > an opinion? I watch Squawk Box every morning. They"re all > jokers, I watch > it just for pre market action and of course Maria B. > > Dan F > ----- Original Message ----- > From: "Kent Norman" > To: "CANSLIM" > Sent: Tuesday, March 13, 2001 8:12 PM > Subject: [CANSLIM] NBR tonight momentum investing > > > Nightly Business Report tonight has a guest saying > > momentum investing will not work for quite a while. > > > > The local channel will repeat the show at 10:00 PM. > > I will listen more carefully for details. > > > > Any comments? > > > > Kent Norman > > > > __________________________________________________ > > Do You Yahoo!? > > Yahoo! Auctions - Buy the things you want at great prices. > > http://auctions.yahoo.com/ > > > > - > > > > > > - > > - - -- Dan http://www.globexplorer.com/cfviewer/start.cfm http://www.corazon.org/ - - ------------------------------ Date: Tue, 13 Mar 2001 22:17:35 -0800 From: "Bill Triffet" Subject: Re: [CANSLIM] ADVP and Fridays vol. - shorts? Tom, Thanks for the input! (btw, Friday was the big vol day). Btw, I did not know about Companysleuth.com. What a great site! Scads of institutional ownership info. While not real scientific I see that out of the140 institutional holders there are 94 new or increased positions and 45 closed or decreased positions. Very interesting viewing. With only a small loss today as ADVP came back toward the end of the day, I'm going to stick it out for a while but will probably dump it before I lose much more. It's more a small experiment to keep me focused on the market. I find that when I'm totally cash ( which I was for most of last year) I don't keep a close eye on the market. - -Bill Triffet - ----- Original Message ----- From: "Tom Worley" To: Sent: Tuesday, March 13, 2001 6:54 PM Subject: Re: [CANSLIM] ADVP and Fridays vol. - shorts? > I do not see Thursday's high volume explained by shorts. DGO > shows the latest short report up 154%, but that only takes it to > 1.2 days of average volume. At ADV of roughly 750,000, this only > equates to about 900,000 shares, leaving it way, way short of 5 > million. I would be a lot more suspicious of a large institution > block of a million or more shares having been crossed by one or > more market makers from an institutional seller into the retail > customer environment. > > Funds at last report only owned a little over 4 million shares, > however I checked the overall institutional ownership (which > includes the venture capitalists but usually does not include > funds) at Companysleuth.com, and note that the summary report > there shows a net decline, despite some considerable buying, of > 28.6 million shares. I do not know what time period is covered, > as it is updated daily, but any way you count it, it sounds to me > like many institutionals are dumping the stock. > > Tom Worley > stkguru@netside.net > ICQ # 5568838 > > > ----- Original Message ----- > From: Bill Triffet > To: canslim > Sent: Tuesday, March 13, 2001 12:37 PM > Subject: [CANSLIM] ADVP and Fridays vol. - shorts? > > > What does one make of ADVP's +5mil volume and the subsequent > break down > today. I picked up a small (and I do mean small) position Friday > morning and > am nearing my trigger. Yes, bad market and declining quarterly > EPS for 2001 > so perhaps I've answered my own question but...could the big > drive up in > volume Friday be tied to short sellers? > > -Bill Triffet > > Still 80% cash... > > > > - > > > > - > - - ------------------------------ Date: Wed, 14 Mar 2001 03:48:51 -0500 From: "Robert McGill" Subject: [CANSLIM] Has bear mkt hit bottom? http://www.washingtonpost.com/wp-dyn/articles/A99-2001Mar13.html This is an interesting article I found on the Wash Post on-line, mostly for giving the put call ratio at the mkt top, (.33), whcih contrasts with the .91 we saw yesterday. Bob - - ------------------------------ Date: Wed, 14 Mar 2001 00:25:11 -0800 From: "Mike Lucero" Subject: Re: [CANSLIM] How significant is book value for tech co's? For comparison, Quotes Plus also lists the EPS as 0.21. Mike - ----- Original Message ----- From: "Eric Shen" To: Sent: Tuesday, March 13, 2001 5:06 PM Subject: Re: [CANSLIM] How significant is book value for tech co's? > > Doug, > My mistake. I was looking at the quarterly report that had > merger-related > charges and amortization. In the press-release, they mentioned > that excluding their charge, the income is $0.21 per share ending 12/31. > > That's good that DGO Online doesn't include these additional charges. > > The Yahoo! Profile has the $0.93/share loss for JDSU. I guess I get > what I pay for. :-) > > > Eric > > > DougC wrote: > > > > JDSU made .21 quarter ending 12/31 vs. .09 same quarter previous year. > > That's 133% increase. And sequentially qtr ending 12/31 increased .03 over .18 > > for qtr ending 09/30. A 16% increase. Forecast for annual earnings for 2001 > > is to be up 66% over '00 (.66 vs .41) and 2002 annual earnings are forecast > > to increase > > only 6% over '01 (.70 vs. .66). Looks like earnings momemtum is slowing but > > I don't think they're losing money. This data is from DGO online. > > > > At 10:41 AM 3/13/01 -0800, you wrote: > > > > >I looked at the financials of JDSU and they appear to be losing money. > > >They lost $0.93/share last quarter (ending 12/31/00). This probably > > >means that their book value decreased by $0.93/share. Maybe the market > > >is anticipating further losses and discounting the book value. > > > > > >Eric > > > > > > > > >Robert McGill wrote: > > > > > > > > Given that the tech companies now appear to have zero visibility, how are > > > > these companies being valued? At first I thought they were being given > > > a pe > > > > ratio 1 x' their year over year revenue growth, but given that their > > > revenue > > > > growth is highly in doubt/if they can even forecast at all, there has to > > > > be another tool being used. I would have said that this idea is too > > > > preposterous until I looked at jdsu and saw that they are now selling below > > > > book value. Per yhoo, jdsu's bv=23.96 and today's closing price is 22.87. > > > > Just for thought here are some other book values I looked up: csco 4.13, > > > > dell 2.18, intc 5.55, msft 8.72, nok 1.92, orcl .88, qcom 6.65, sunw 3.30 > > > > and sebl 2.89. Like I said, I never would have even thought of this until > > > > someone pointed out to me that jdsu was now selling below book value. > > > > thoughts? too far out too contemplate, I don't know? > > > > > > > > - > > > > > >-- > > >Eric Shen MS LOC3-8 Intel Corporation > > >email: eshen@level1.com 9750 Goethe Road > > >Tel: (916) 855 5177 x4497 Sacramento, CA 95827 > > > > > >- > > > > - > > -- > Eric Shen MS LOC3-8 Intel Corporation > email: eshen@level1.com 9750 Goethe Road > Tel: (916) 855 5177 x4497 Sacramento, CA 95827 > > - > > - - ------------------------------ Date: Wed, 14 Mar 2001 07:12:42 -0500 From: "Tom Worley" Subject: Re: [CANSLIM] Has bear mkt hit bottom? The bottom may be in sight, but I doubt it is quite here just yet. I am still roaming the globe, but already I see Nasdaq futures are down 4%, and worse still S&P500 futures down 3%. That's the most I have seen on them in quite some time for this early. Tom Worley stkguru@netside.net ICQ # 5568838 - ----- Original Message ----- From: Robert McGill To: Sent: Wednesday, March 14, 2001 3:48 AM Subject: [CANSLIM] Has bear mkt hit bottom? http://www.washingtonpost.com/wp-dyn/articles/A99-2001Mar13.html This is an interesting article I found on the Wash Post on-line, mostly for giving the put call ratio at the mkt top, (.33), whcih contrasts with the .91 we saw yesterday. Bob - - - - ------------------------------ Date: Wed, 14 Mar 2001 07:30:33 -0500 From: "Tom Worley" Subject: Re: [CANSLIM] Has bear mkt hit bottom? Add to that, Asia did not have a great day, few countries up, but quite a few also down. Japan essentially flat, and still under 12,000, with a gain of 23 pts. The real story for a change appears to be Europe, where Siemens warned of earnings failing estimates one day after listing on NYSE. Oops! Blames it on its semiconductor unit. France, Germany, UK and Israel (always a good tech / biotech indicator) all down over 3%, and it is already late in their trading day, so unlikely they will recover. Despite that, the US dollar is down against the Euro, but up slightly against the yen. Oh well, another day to stay busy and pretend I don't have money in the stock market. BTW, the tone of comments coming out of Europe are more bearish than I have seen in a while. That, at least, is encouraging. Tom Worley stkguru@netside.net ICQ # 5568838 - ----- Original Message ----- From: Tom Worley To: Sent: Wednesday, March 14, 2001 7:12 AM Subject: Re: [CANSLIM] Has bear mkt hit bottom? The bottom may be in sight, but I doubt it is quite here just yet. I am still roaming the globe, but already I see Nasdaq futures are down 4%, and worse still S&P500 futures down 3%. That's the most I have seen on them in quite some time for this early. Tom Worley stkguru@netside.net ICQ # 5568838 - ----- Original Message ----- From: Robert McGill To: Sent: Wednesday, March 14, 2001 3:48 AM Subject: [CANSLIM] Has bear mkt hit bottom? http://www.washingtonpost.com/wp-dyn/articles/A99-2001Mar13.html This is an interesting article I found on the Wash Post on-line, mostly for giving the put call ratio at the mkt top, (.33), whcih contrasts with the .91 we saw yesterday. Bob - - - - - - ------------------------------ Date: Wed, 14 Mar 2001 07:33:01 -0500 From: "Tom Worley" Subject: Re: [CANSLIM] NBR tonight momentum investing Sorry, brain fart. Guess my sub-conscious was trying to be a contrarian and scare the markets into a capitulation selloff. Tom Worley stkguru@netside.net ICQ # 5568838 - ----- Original Message ----- From: Dan To: Sent: Wednesday, March 14, 2001 12:42 AM Subject: Re: [CANSLIM] NBR tonight momentum investing Hi Tom, Tom Worley wrote: > The key to today's "rally" ( I won't be a believer until I get at > least three consecutive days like this, and then after the last > rally, only if I get another five or six more days like that, > call me cautious), was the retail sales report. After January's > report got revised up from a plus 0.7% to 1.3%, and expectations > for February's report to come in at a plus 0.4%, today's report > of a minus 0.2% growth strengthens expectations of a Fed rate > hike next week of 50 (or at least 50) basis points. Do you mean hike or cut? > > I am still expecting a simple 50 BP, but with no change in the > bias. > > Tom Worley > stkguru@netside.net > ICQ # 5568838 > > ----- Original Message ----- > From: Dan Forant > To: > Sent: Tuesday, March 13, 2001 8:43 PM > Subject: Re: [CANSLIM] NBR tonight momentum investing > > Sure I'll give it a shot. These analysts may know more stats than > you or I > but most likely couldn't put together a run of winners any > better. Today was > just some buying by the bottom feeders. More turmoil ahead. How's > that for > an opinion? I watch Squawk Box every morning. They"re all > jokers, I watch > it just for pre market action and of course Maria B. > > Dan F > ----- Original Message ----- > From: "Kent Norman" > To: "CANSLIM" > Sent: Tuesday, March 13, 2001 8:12 PM > Subject: [CANSLIM] NBR tonight momentum investing > > > Nightly Business Report tonight has a guest saying > > momentum investing will not work for quite a while. > > > > The local channel will repeat the show at 10:00 PM. > > I will listen more carefully for details. > > > > Any comments? > > > > Kent Norman > > > > __________________________________________________ > > Do You Yahoo!? > > Yahoo! Auctions - Buy the things you want at great prices. > > http://auctions.yahoo.com/ > > > > - > > > > > > - > > - - -- Dan http://www.globexplorer.com/cfviewer/start.cfm http://www.corazon.org/ - - - - ------------------------------ Date: Wed, 14 Mar 2001 07:37:08 -0500 From: "Tom Worley" Subject: Re: [CANSLIM] ADVP and Fridays vol. - shorts? www.CompanySleuth.com is a very helpful site for me. Not only does it offer some of the broadest range of informational links I have found, you can also set up a portfolio, and it will send you an email when it finds something new (I usually ignore the notices of posts on technical trading, they are virtually a daily occurrence). This saves me a lot of time having to check for new stuff on things I own or am watching closely. Tom Worley stkguru@netside.net ICQ # 5568838 - ----- Original Message ----- From: Bill Triffet To: Sent: Wednesday, March 14, 2001 1:17 AM Subject: Re: [CANSLIM] ADVP and Fridays vol. - shorts? Tom, Thanks for the input! (btw, Friday was the big vol day). Btw, I did not know about Companysleuth.com. What a great site! Scads of institutional ownership info. While not real scientific I see that out of the140 institutional holders there are 94 new or increased positions and 45 closed or decreased positions. Very interesting viewing. With only a small loss today as ADVP came back toward the end of the day, I'm going to stick it out for a while but will probably dump it before I lose much more. It's more a small experiment to keep me focused on the market. I find that when I'm totally cash ( which I was for most of last year) I don't keep a close eye on the market. - -Bill Triffet - ----- Original Message ----- From: "Tom Worley" To: Sent: Tuesday, March 13, 2001 6:54 PM Subject: Re: [CANSLIM] ADVP and Fridays vol. - shorts? > I do not see Thursday's high volume explained by shorts. DGO > shows the latest short report up 154%, but that only takes it to > 1.2 days of average volume. At ADV of roughly 750,000, this only > equates to about 900,000 shares, leaving it way, way short of 5 > million. I would be a lot more suspicious of a large institution > block of a million or more shares having been crossed by one or > more market makers from an institutional seller into the retail > customer environment. > > Funds at last report only owned a little over 4 million shares, > however I checked the overall institutional ownership (which > includes the venture capitalists but usually does not include > funds) at Companysleuth.com, and note that the summary report > there shows a net decline, despite some considerable buying, of > 28.6 million shares. I do not know what time period is covered, > as it is updated daily, but any way you count it, it sounds to me > like many institutionals are dumping the stock. > > Tom Worley > stkguru@netside.net > ICQ # 5568838 > > > ----- Original Message ----- > From: Bill Triffet > To: canslim > Sent: Tuesday, March 13, 2001 12:37 PM > Subject: [CANSLIM] ADVP and Fridays vol. - shorts? > > > What does one make of ADVP's +5mil volume and the subsequent > break down > today. I picked up a small (and I do mean small) position Friday > morning and > am nearing my trigger. Yes, bad market and declining quarterly > EPS for 2001 > so perhaps I've answered my own question but...could the big > drive up in > volume Friday be tied to short sellers? > > -Bill Triffet > > Still 80% cash... > > > > - > > > > - > - - - - ------------------------------ Date: Wed, 14 Mar 2001 07:45:13 -0500 From: "Tom Worley" Subject: Re: [CANSLIM] big volume spike BCP BANR HF Hi Kent, I didn't see an obvious reason, other than they are all very nice CANSLIM watch list stocks. BANR and HF are both finance related, so may have been participating in the reaction to the soft retail report which increased speculation of a Fed rate cut next week. NYSE Finance Index was up over 2% yesterday. Tom Worley stkguru@netside.net ICQ # 5568838 - ----- Original Message ----- From: Kent Norman To: CANSLIM Sent: Tuesday, March 13, 2001 8:05 PM Subject: [CANSLIM] big volume spike BCP BANR HF BCP BANR HF I could not find any news to account for the big volume spikes on these three. Any comments? Thanks Kent Norman __________________________________________________ Do You Yahoo!? Yahoo! Auctions - Buy the things you want at great prices. http://auctions.yahoo.com/ - - - - ------------------------------ Date: Wed, 14 Mar 2001 08:48:23 -0500 From: "Tom Worley" Subject: [CANSLIM] Earnings / Revenues Warnings This is a multi-part message in MIME format. - ------=_NextPart_000_0064_01C0AC63.8788C080 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable After a few days of logical behavior, looks like the warnings list is = back to being something of a contrarian, furthering my belief that the = worst of the news is mostly already factored in. Last night's list of companies warning total 18. Of that, 9 went up on = the news, 7 were down and 2 were unchanged. Market direction may have = had a lot to do with it. Tom Worley stkguru@netside.net ICQ # 5568838 - ------=_NextPart_000_0064_01C0AC63.8788C080 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
After a few days of logical behavior, looks like the = warnings=20 list is back to being something of a contrarian, furthering my belief = that the=20 worst of the news is mostly already factored in.
 
Last night's list of companies warning total 18. Of = that, 9=20 went up on the news, 7 were down and 2 were unchanged. Market direction = may have=20 had a lot to do with it.

Tom Worley
stkguru@netside.net
ICQ #=20 5568838
 
 
- ------=_NextPart_000_0064_01C0AC63.8788C080-- - - ------------------------------ Date: Wed, 14 Mar 2001 09:10:46 -0500 From: "Dan Forant" Subject: [CANSLIM] Little Humor This is a multi-part message in MIME format. - ------=_NextPart_000_0083_01C0AC66.A7DA09E0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable The only markets up according to Squawk Box this AM is the Ghana Market. = What's propelling it? The Brewing Industry :) Dan F - ------=_NextPart_000_0083_01C0AC66.A7DA09E0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
The only markets up according to Squawk Box this AM = is the=20 Ghana Market. What's propelling it? The Brewing Industry :)
 
Dan F
- ------=_NextPart_000_0083_01C0AC66.A7DA09E0-- - - ------------------------------ Date: Wed, 14 Mar 2001 10:11:05 -0500 From: "Rick Parsons" Subject: RE: [CANSLIM] DGO Online Steve, how much are the print graph books? For the print graph books do you have to pay for a full year to get the DGO discount? Thanks, Rick - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Steve F Sent: Monday, March 12, 2001 3:09 PM To: canslim@lists.xmission.com Subject: [CANSLIM] DGO Online Thank you, Tom Worley. I just saved about $200 with your tip on getting DGO On-line at a discount rate if I buy the print graph books. I had been paying the full frieght for about two years. __________________________________________________ Do You Yahoo!? Yahoo! Auctions - Buy the things you want at great prices. http://auctions.yahoo.com/ - - - - ------------------------------ Date: Wed, 14 Mar 2001 10:18:54 -0500 From: "Dave Rubin" Subject: RE: [CANSLIM] Has bear mkt hit bottom? Indicators are starting to get closer to what we're supposed to see at a market bottom. Plus, for the first time in a long time, I see many "professionals" on CNBC being very cautious and saying that the market may have more to fall. This is in contrast to several weeks ago when just about everyone was calling a tech bottom in the Nasdaq 2200 area. Nevertheless, according to CANSLIM we really shouldn't care to speculate whether or not this is "the" bottom. We'll know in 3-7 days when yesterday's rally attempt is confirmed, or not, and whether stocks start flying out of sound bases. IMO I don't think that will happen just yet. - - ------------------------------ Date: Wed, 14 Mar 2001 10:30:07 -0500 From: Ed McDonough Subject: RE: [CANSLIM] Has bear mkt hit bottom? Dave, Covered Shorts this morn. Ed - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Dave Rubin Sent: Wednesday, March 14, 2001 10:19 AM To: canslim@lists.xmission.com Subject: RE: [CANSLIM] Has bear mkt hit bottom? Indicators are starting to get closer to what we're supposed to see at a market bottom. Plus, for the first time in a long time, I see many "professionals" on CNBC being very cautious and saying that the market may have more to fall. This is in contrast to several weeks ago when just about everyone was calling a tech bottom in the Nasdaq 2200 area. Nevertheless, according to CANSLIM we really shouldn't care to speculate whether or not this is "the" bottom. We'll know in 3-7 days when yesterday's rally attempt is confirmed, or not, and whether stocks start flying out of sound bases. IMO I don't think that will happen just yet. - - - - ------------------------------ Date: Wed, 14 Mar 2001 08:14:22 -0800 From: Tim Fisher Subject: RE: [CANSLIM] Has bear mkt hit bottom? I don't know what time you wrote this, but as of 11AM NYCT today the DOW, S&P500, NYSE Comp, and RUT had taken out the bottom, which restarts the counter. Plus, the rally attempt was on Day 2, so it doesn't count, i.e. it cannot be confirmed. Today is Day 1 for counting purposes, if the markets close about where they are now. P.S. I don't see much mayhem in my CANSLIM holdings or my watch list. Haven't been stopped out of a single stock so far (of course writing that virtually guarantees getting stopped out of a bunch of them real soon now ;) P.P.S. HSE 77/96/85 A+A+A seems to be forming a handle *above* the old high. What does the group make of this chart? Bloody interesting looking to me. On 07:18 AM 3/14/01, Dave Rubin Said: >Indicators are starting to get closer to what we're supposed to see at a >market bottom. Plus, for the first time in a long time, I see many >"professionals" on CNBC being very cautious and saying that the market may >have more to fall. This is in contrast to several weeks ago when just about >everyone was calling a tech bottom in the Nasdaq 2200 area. > >Nevertheless, according to CANSLIM we really shouldn't care to speculate >whether or not this is "the" bottom. We'll know in 3-7 days when yesterday's >rally attempt is confirmed, or not, and whether stocks start flying out of >sound bases. IMO I don't think that will happen just yet. > > >- Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - - ------------------------------ Date: Wed, 14 Mar 2001 08:54:11 -0800 (PST) From: Steve F Subject: RE: [CANSLIM] DGO Online Here is a copy of the response from DGO to my request for discount information. I was paying $738 and now will be paying a total of $536. Hi Steve, Thank you for your recent email. We do offer discounts to Daily Graphs Online for those that also subscribe to our Daily Graphs chart books. The Daily Graphs printed product is actually 2 books: the NYSE/AMEX edition and the NASDAQ edition. You may subscribe to one or both of the books and you may choose to receive the books every week, every other week, or once per month. The prices for 1 book (NYSE/AMEX or NASDAQ) are $545.00 for weekly, $388.00 for bi-weekly, $237.00 for monthly. The prices for both books (NYSE/AMEX and NASDAQ) are $931.00 for weekly, $695.00 for bi-weekly, $438.00 for monthly. You are currently paying $738.00 per year for Daily Graphs Online. There are two discounts for the online service if you subscribe to our printed books. If you receive BOTH books on a WEEKLY basis, the online service is just $99.00 per year. If you receive the books in any other combination or frequency, the online service is $299.00 per year. The absolute cheapest way to receive Daily Graphs Online is to subscribe to one of our books (NYSE/AMEX or NASDAQ) on a monthly basis for $237.00. This subscription would allow you to receive one year of Daily Graphs Online for only $299.00. Your total price would be $536.00. Please feel free to call our subscription office at either 800-472-7479 or 310-448-6843 if you have any questions or if you would like to place an order. If you have any other questions or comments, please feel free to email us. Thank you, John Daily Graphs Online - --- Rick Parsons wrote: > Steve, how much are the print graph books? For the > print graph books do you > have to pay for a full year to get the DGO discount? > Thanks, > > Rick > > > -----Original Message----- > From: owner-canslim@lists.xmission.com > [mailto:owner-canslim@lists.xmission.com]On Behalf > Of Steve F > Sent: Monday, March 12, 2001 3:09 PM > To: canslim@lists.xmission.com > Subject: [CANSLIM] DGO Online > > > > Thank you, Tom Worley. I just saved about $200 with > your tip on getting DGO On-line at a discount rate > if > I buy the print graph books. I had been paying the > full frieght for about two years. > > __________________________________________________ > Do You Yahoo!? > Yahoo! Auctions - Buy the things you want at great > prices. > http://auctions.yahoo.com/ > > - > > > - > __________________________________________________ Do You Yahoo!? Yahoo! Auctions - Buy the things you want at great prices. http://auctions.yahoo.com/ - - ------------------------------ Date: Wed, 14 Mar 2001 09:15:53 -0800 From: Richard Herkert Subject: [CANSLIM] Many Thanks This is a multi-part message in MIME format. - --Boundary_(ID_EYC7ThVRRYo4J7X99JK1pQ) Content-type: text/plain; charset=iso-8859-1 Content-transfer-encoding: quoted-printable Thanks to TOM WORLEY for all of his postings, including the method to save a couple hundred =20 dollars by purchasing both DGO online and=20 printed subscriptions. Also, the printed edition=20 provides a better historical perspective as well as a reference source when analyzing ones past investment decisions.=20 And Thanks to the individual who suggested that these CANSLIM posting can be auto- matically routed to a seperate Out Look Express folder for easier management. With the earlier postings at the top of the screen, it is easy to follow the thought process while scrolling down through the messages.=20 Richard Herkert - --Boundary_(ID_EYC7ThVRRYo4J7X99JK1pQ) Content-type: text/html; charset=iso-8859-1 Content-transfer-encoding: quoted-printable
Thanks to TOM WORLEY for all of = his=20 postings,
including the method to save a = couple=20 hundred       
dollars by purchasing both DGO online = and=20
printed subscriptions. Also, = the printed=20 edition
provides a better=20 historical perspective as well
as a reference source when analyzing=20 ones
past investment = decisions. 
 
And Thanks to the individual who=20 suggested
that these CANSLIM posting can be=20 auto-
matically routed to a seperate Out Look = Express
folder for easier management. With the=20 earlier
postings at the top of the screen, it = is easy=20 to
follow the thought process while = scrolling=20 down
through the messages.
 
Richard Herkert
 
- --Boundary_(ID_EYC7ThVRRYo4J7X99JK1pQ)-- - - ------------------------------ End of canslim-digest V2 #1206 ****************************** 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.