From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #1207 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 1207 In this issue: RE: [CANSLIM] Has bear mkt hit bottom? RE: [CANSLIM] shorting [CANSLIM] investment of time and money RE: [CANSLIM] shorting [CANSLIM] CNTL Re: [CANSLIM] investment of time and money [CANSLIM] Heaven Re: [CANSLIM] CNTL RE: [CANSLIM] investment of time and money Re: [CANSLIM] Heaven (or Hell, for the sane among us) [CANSLIM] Heaven RE: [CANSLIM] shorting Re: [CANSLIM] shorting Re: [CANSLIM] shorting RE: [CANSLIM] investment of time and money Re: [CANSLIM] Heaven (or Hell, for the sane among us) Re: [CANSLIM] investment of...(OT) RE: [CANSLIM] Heaven (or Hell, for the sane among us) [CANSLIM] Kohls (KSS) RE: [CANSLIM] investment of...(OT) Re: [CANSLIM] Heaven (or Hell, for the sane among us) Re: [CANSLIM] Heaven (or Hell, for the sane among us) ---------------------------------------------------------------------- Date: Wed, 14 Mar 2001 09:59:10 -0800 From: "Dragon" Subject: RE: [CANSLIM] Has bear mkt hit bottom? I learned a long time ago to bite my tong. Since you spoke you will probably get stopped out of everything. That is usually what happens to me. - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Tim Fisher Sent: Wednesday, March 14, 2001 8:14 AM To: canslim@lists.xmission.com 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 16:28:10 -0500 From: "Ann Hollingworth" Subject: RE: [CANSLIM] shorting What does this mean? I have heard it mentioned before on this mailing list but don't get it. The adage that the gap (up or down) will almost always get filled in (with the exception possibly of an acquisition buyout offer) seems to generally hold true. Thanks. Ann - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Tom Worley Sent: Tuesday, March 13, 2001 9:34 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] shorting Patrick, I have been surprised at the number of stocks I have reviewed over the past month or so that were completing a cup formation that started with a large gap down. The adage that the gap (up or down) will almost always get filled in (with the exception possibly of an acquisition buyout offer) seems to generally hold true. Of course, my review is biased as I was only looking at stocks at or within 5% of their 12 month high. Tom Worley stkguru@netside.net ICQ # 5568838 - ----- Original Message ----- From: Patrick Wahl To: Sent: Tuesday, March 13, 2001 1:29 PM Subject: Re: [CANSLIM] shorting On 12 Mar 01, at 22:15, Jeff Mulder wrote: > << My main problem with shorting is that you don't get the same setups you > get when going long. Stocks don't base and then break down out of a base, > usually anyway. They tend to gap down on bad news, and frequently a > significant part of the move cannot be caught, its just an air pocket. >> > > The gap down on bad news is itself a fairly reliable setup for shorting a > stock. The gap portends lower prices to come, and the price action over the > days immediately following the gap often signals how soon those lower prices > will be realized, and how severely. I have been considering how significant a gap (up or down) is, something I need to try to backtest, but just in eyeballing a lot of charts, most stocks with a gap down seem to continue down. However, the charts I am looking at are over the past 12 months, so the data is probably skewed a bit by severity of this sell off. It does make sense that there should be at least a small profit to be made on a gap, since it is unlikely all the selling would take place on a single day, there should be follow through selling. - - - - - - ------------------------------ Date: Wed, 14 Mar 2001 16:33:57 -0500 From: "Ann Hollingworth" Subject: [CANSLIM] investment of time and money Unfortunately I have to end my sub*****tion to IBD because of money and the time I am spending on Canslim (family issue). It's a tough move for me to make, especially right now. Does anyone have any suggestions about alternate ways to study CANSLIM--maybe screens? Ways that are less time-consuming. Must put my son and husband and second job first. Ann - - ------------------------------ Date: Wed, 14 Mar 2001 16:49:21 -0500 From: David Bojanowski Subject: RE: [CANSLIM] shorting Ann, Shorting a stock is when you borrow shares from someone else and sell them. You keep the money. However, you must buy back the shares at some point in the future in order to return those shares to the person/account you borrowed them from. You make a profit by "selling high/buying back low". The risk is that after shorting the stock the stock may go up instead of down and you'll have to buy the shares back at a higher price (and the sky's the limit) than you sold them for. Obviously this means you'll lose money. If the stock skyrockets are you short it you could lose a fortune. You'll have a profit if the stock you short goes down before you buy back the shares. I think you have to have a margin account to short a stock. If you shorted internet stocks in 1999, you would have lost a fortune. I you shorted internet stocks in 2000, you would have made a fortune! Dave -----Original Message----- From: Ann Hollingworth [mailto:annholly@mediaone.net] Sent: Wednesday, March 14, 2001 4:28 PM To: canslim@lists.xmission.com Subject: RE: [CANSLIM] shorting What does this mean? I have heard it mentioned before on this mailing list but don't get it. The adage that the gap (up or down) will almost always get filled in (with the exception possibly of an acquisition buyout offer) seems to generally hold true. Thanks. Ann - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Tom Worley Sent: Tuesday, March 13, 2001 9:34 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] shorting Patrick, I have been surprised at the number of stocks I have reviewed over the past month or so that were completing a cup formation that started with a large gap down. The adage that the gap (up or down) will almost always get filled in (with the exception possibly of an acquisition buyout offer) seems to generally hold true. Of course, my review is biased as I was only looking at stocks at or within 5% of their 12 month high. Tom Worley stkguru@netside.net ICQ # 5568838 - ----- Original Message ----- From: Patrick Wahl To: Sent: Tuesday, March 13, 2001 1:29 PM Subject: Re: [CANSLIM] shorting On 12 Mar 01, at 22:15, Jeff Mulder wrote: > << My main problem with shorting is that you don't get the same setups you > get when going long. Stocks don't base and then break down out of a base, > usually anyway. They tend to gap down on bad news, and frequently a > significant part of the move cannot be caught, its just an air pocket. >> > > The gap down on bad news is itself a fairly reliable setup for shorting a > stock. The gap portends lower prices to come, and the price action over the > days immediately following the gap often signals how soon those lower prices > will be realized, and how severely. I have been considering how significant a gap (up or down) is, something I need to try to backtest, but just in eyeballing a lot of charts, most stocks with a gap down seem to continue down. However, the charts I am looking at are over the past 12 months, so the data is probably skewed a bit by severity of this sell off. It does make sense that there should be at least a small profit to be made on a gap, since it is unlikely all the selling would take place on a single day, there should be follow through selling. - - - - - - - - ------------------------------ Date: Wed, 14 Mar 2001 16:59:13 EST From: Vanchee1@aol.com Subject: [CANSLIM] CNTL CNTL 97/99 AAA, back down to its 50 dma, would you consider this a second chance to get in or no? Chris - - ------------------------------ Date: Wed, 14 Mar 2001 14:03:49 -0800 From: Joe Maguire Subject: Re: [CANSLIM] investment of time and money Hi Ann,try canslim.net [was mentioned on this site ],investor.com ,growthstockanalytics.com...let me know how you do. Joe Maguie San Diego Ann Hollingworth wrote: > Unfortunately I have to end my sub*****tion to IBD because of money and the > time I am spending on Canslim (family issue). It's a tough move for me to > make, especially right now. Does anyone have any suggestions about alternate > ways to study CANSLIM--maybe screens? Ways that are less time-consuming. > Must put my son and husband and second job first. > > Ann > > - - - ------------------------------ Date: Wed, 14 Mar 2001 17:26:49 EST From: Vanchee1@aol.com Subject: [CANSLIM] Heaven Many stocks still making new highs, RCII, ICUI, and many others holding up very well, no better time to be fully invested (long) than now. Just stay away from tech stocks for the next few quarters and buy the leaders as they appear and sell them as they fade. Chris - - ------------------------------ Date: Wed, 14 Mar 2001 14:28:43 -0800 From: Richard Herkert Subject: Re: [CANSLIM] CNTL - ----- Original Message ----- =46rom: To: Sent: Wednesday, March 14, 2001 1:59 PM Subject: [CANSLIM] CNTL > CNTL 97/99 AAA, back down to its 50 dma, would you consider this a = second > chance to get in or no? > > Chris Ask Bill O'Neil Archives Monday, March 5, 2001 William J. O'Neil Chairman & Founder Investor's Business Daily "After staging a breakout, if a stock falls back to its pivot point = several weeks later but is able to hold at that level, can this serve as a se= cond chance to buy it, or is this too risky? " - - Submitted from East Windsor, Conn. If a stock starts falling back in the days after crossing its pivot = (buy) point, there's a good chance the breakout is not working. Buying the = stock when it regresses back to the pivot is a risky strategy. A stock with= this type of action is indication the breakout is going against you. Ask Bill O'Neil a Question! View the Ask Bill O'Neil Archives View Bill O'Neil's Most Frequently Asked Qustions Learn Bill O'Neil's successful market strategy in his best selling bo= ok, How to Make Money in Stocks and in his latest book, 24 Essential Lessons = for Investment Success. =A9 2001 Investor's Business Daily, Inc. All rights reserved. Investo= r's Business Daily is a registered trademark of Investor's Business Daily= , Inc. - - ------------------------------ Date: Wed, 14 Mar 2001 17:48:06 -0500 From: "Ann Hollingworth" Subject: RE: [CANSLIM] investment of time and money Thanks, Joe, Investor.com is the IBD website. You can only use it if you are a subscriber, I think--at least for the good stuff. Yes, I use canslim.net. Will try the other. Ann - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Joe Maguire Sent: Wednesday, March 14, 2001 5:04 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] investment of time and money Hi Ann,try canslim.net [was mentioned on this site ],investor.com ,growthstockanalytics.com...let me know how you do. Joe Maguie San Diego Ann Hollingworth wrote: > Unfortunately I have to end my sub*****tion to IBD because of money and the > time I am spending on Canslim (family issue). It's a tough move for me to > make, especially right now. Does anyone have any suggestions about alternate > ways to study CANSLIM--maybe screens? Ways that are less time-consuming. > Must put my son and husband and second job first. > > Ann > > - - - - - ------------------------------ Date: Wed, 14 Mar 2001 14:57:17 -0800 From: Tim Fisher Subject: Re: [CANSLIM] Heaven (or Hell, for the sane among us) I have been nice and keeping my mouth shut (relatively speaking) lately, but advocating buying anything right now is so totally un-CANSLIM that I just have to say, why would anyone in their right mind even be looking to buy right now? I see failed breakouts all over the place, in fact not one stock on my watch list, which includes lots of non-80/80/80 stocks, is holding up this week. Including RCII, which is retreating back into its base. To advocate buying anything in this bloodbath is both asinine and irresponsible, IMHO. I say this not for the veterans of this list, who I would hope know better than to pay attention to this kind of drivel, but for the large crop of people who have apparently just started paying attention since the digest version was dropped: Don't do it. Watch, learn, and wait. The time will come to buy CANSLIM stocks. That time is not now. On 02:26 PM 3/14/01, Vanchee1@aol.com Said: >Many stocks still making new highs, RCII, ICUI, and many others holding up >very well, no better time to be fully invested (long) than now. Just stay >away from tech stocks for the next few quarters and buy the leaders as they >appear and sell them as they fade. > >Chris > >- Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - - ------------------------------ Date: 14 Mar 2001 17:10:06 CST From: Fanus Subject: [CANSLIM] Heaven I am no CANSLIM expert. Only started last year and with the state of the= markets haven't had much change to buy anything. BUT.... I thouhgt the = "M" in CANSLIM is for the current state of the Market. Here is how I see the= current state of M: NASDAQ down 60% from the top. S&P 500 down over 20% DOW Just crashed through the 10 000 support. According to briefing.com 88% of the volume on the NYSE was contributed t= o down stocks where declining ones beat advancing ones by 3:1. This is telling me that this is not just tech stocks getting hammered, bu= t all stocks accross the board. All in all, I think this is fairly safe to say M is in really bad shape. = I just can't see how this can be a good time to get in according to CANSLIM= =2E At this stage there are NO CANSLIM stocks as M would disqualify everything regardless of any of the other attributes. As I said, I am not expert and this is just my opinion. I am definitely = not buying anything right now. - - Fanus Vanchee1@aol.com wrote: Many stocks still making new highs, RCII, ICUI, and many others holding u= p = very well, no better time to be fully invested (long) than now. Just stay= = away from tech stocks for the next few quarters and buy the leaders as th= ey = appear and sell them as they fade. = Chris - - ____________________________________________________________________ Get free email and a permanent address at http://www.netaddress.com/?N=3D= 1 - - ------------------------------ Date: Wed, 14 Mar 2001 16:12:20 -0700 From: "Patrick Wahl" Subject: RE: [CANSLIM] shorting On 14 Mar 01, at 16:28, Ann Hollingworth wrote: > The adage that the gap (up or down) will almost always get filled in (with > the > exception possibly of an acquisition buyout offer) seems to generally hold > true. I don't trust these old adages as far as I can throw them. I would like to some some empirical evidence that gaps are always filled before I would believe it. - - ------------------------------ Date: Wed, 14 Mar 2001 18:42:40 EST From: SKutney@aol.com Subject: Re: [CANSLIM] shorting - --part1_bd.c8050c6.27e15bf0_boundary Content-Type: text/plain; charset="US-ASCII" Content-Transfer-Encoding: 7bit You can get some education on shorting stocks by looking at www.thestreet.com. Look at archive's of Gary B. Smith's columns using shorting as the keyword. If you read his columns on a regular basis you will see that he is just as likely to go short as to go long. Steve Kutney - --part1_bd.c8050c6.27e15bf0_boundary Content-Type: text/html; charset="US-ASCII" Content-Transfer-Encoding: 7bit You can get some education on shorting stocks by looking at
www.thestreet.com. Look at archive's of Gary B. Smith's columns using
shorting as the keyword. If you read his columns on a regular basis you will
see that he is just as likely to go short as to go long.

Steve Kutney - --part1_bd.c8050c6.27e15bf0_boundary-- - - ------------------------------ Date: Wed, 14 Mar 2001 17:45:38 -0600 From: "walter nusbaum" Subject: Re: [CANSLIM] shorting Ann, A gap up occurs when both the opening and close are above the previous day's close; the opposite for a gap down. Gaps are regarded as continuation indicators, since they are strong moves in the direction of the trend. Gaps may also occur in the opposite direction at a top or a bottom in which case the previous trend may be broken. If subsequent moves fill the gap, then the previous trend is considered restored. I don't know, but I suspect that there are some unfilled gaps out there somewhere. Gaps can also indicate support or resistance until that gap is filled. A case in point are the recent moves in the NASDAQ. Two very large gaps occurred on the 9th and 12th of March and are large resistance areas. There is also a smaller gap down on the 8th.These gaps must be filled before the NASDAQ can be considered to have reversed itself regardless of any "follow through" day(s) that we may get. I believe the NAS must close above 2224 before we can consider it "safe", even then.......... There were also three gaps up on the 5th, 6th, and 7th of March. These were relatively weak moves and the subsequent down-gaps blew right through them, which adds even more weight to the down-gapped areas. Ann, I am by no means skilled in technical analysis, but this is the way I read it. Perhaps others more knowledgeable will add something. Hope this helps. Best wishes, Walt - ----- Original Message ----- From: "Ann Hollingworth" To: Sent: Wednesday, March 14, 2001 3:28 PM Subject: RE: [CANSLIM] shorting > What does this mean? I have heard it mentioned before on this mailing list > but don't get it. > > The adage that the gap (up or down) will almost always get filled in (with > the > exception possibly of an acquisition buyout offer) seems to generally hold > true. > > Thanks. > > Ann > > > -----Original Message----- > From: owner-canslim@lists.xmission.com > [mailto:owner-canslim@lists.xmission.com]On Behalf Of Tom Worley > Sent: Tuesday, March 13, 2001 9:34 PM > To: canslim@lists.xmission.com > Subject: Re: [CANSLIM] shorting > > > Patrick, I have been surprised at the number of stocks I have > reviewed over the past month or so that were completing a cup > formation that started with a large gap down. The adage that the > gap (up or down) will almost always get filled in (with the > exception possibly of an acquisition buyout offer) seems to > generally hold true. Of course, my review is biased as I was > only looking at stocks at or within 5% of their 12 month high. > > Tom Worley > stkguru@netside.net > ICQ # 5568838 (Snip) - - ------------------------------ Date: Wed, 14 Mar 2001 16:02:57 -0800 From: "Dragon" Subject: RE: [CANSLIM] investment of time and money Maybe we can pool our efforts. I am a programmer so I can offer programming time - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Ann Hollingworth Sent: Wednesday, March 14, 2001 1:34 PM To: CANSLIM Listserv Subject: [CANSLIM] investment of time and money Unfortunately I have to end my sub*****tion to IBD because of money and the time I am spending on Canslim (family issue). It's a tough move for me to make, especially right now. Does anyone have any suggestions about alternate ways to study CANSLIM--maybe screens? Ways that are less time-consuming. Must put my son and husband and second job first. Ann - - - - ------------------------------ Date: Wed, 14 Mar 2001 19:19:31 EST From: Vanchee1@aol.com Subject: Re: [CANSLIM] Heaven (or Hell, for the sane among us) - --part1_b9.c3c5604.27e16493_boundary Content-Type: text/plain; charset="US-ASCII" Content-Transfer-Encoding: 7bit One of the problems with the M now is not so much that earnings are slowing a bit, but there are many new and green investors who have never experienced a bear market. They are running scared selling anything and everything, only after they lost 20 to 50%. A slowdown in the tech sector should be anticipated from time to time, this IMHO does not justify the overall and widespread free fall of all stocks. I know in this market most find it very hard to pull the trigger and buy, and that is fine, everyone needs to feel comfortable and sleep well at night. I do not bash anyone that wants to be in cash right now. For me I am enjoying the market jumping around from stock to stock and many times back again to the same ones, I still manage to make my portfolio grow weekly and sleep well at night. I feel that when the market turns I will be well positioned to reap the benefits from the bottom up. Like WO just wrote a few days ago in IBD (investors corner) during a bear or down market like we our surely in, now is the time to be picking the next leaders and act when the market turns, so we need our buy candidates on watch, because this market could turn fast and leave you out. Chris. - --part1_b9.c3c5604.27e16493_boundary Content-Type: text/html; charset="US-ASCII" Content-Transfer-Encoding: 7bit One of the problems with the M now is not so much that earnings are slowing a
bit, but there are many new and green investors who have never experienced a
bear market.  They are running scared selling anything and everything, only
after they lost 20 to 50%. A slowdown in the tech sector should be
anticipated from time to time, this IMHO does not justify the overall and
widespread free fall of all stocks. I know in this market most find it very
hard to pull the trigger and buy, and that is fine, everyone needs to feel
comfortable and sleep well at night. I do not bash anyone that wants to be in
cash right now. For me I am enjoying the market jumping around from stock to
stock and many times back again to the same ones, I still manage to make my
portfolio grow weekly and sleep well at night. I feel that when the market
turns I will be well positioned to reap the benefits from the bottom up. Like
WO just wrote a few days ago in IBD (investors corner) during a bear or down
market like we our surely in, now is the time to be picking the next leaders
and act when the market turns, so we need our buy candidates on watch,
because this market could turn fast and leave you out.

Chris. - --part1_b9.c3c5604.27e16493_boundary-- - - ------------------------------ Date: Wed, 14 Mar 2001 16:24:09 -0800 From: "Bill Triffet" Subject: Re: [CANSLIM] investment of...(OT) Hi Dragon (or Frank?), Minor thing but...I keep getting a system message to send a read receipt when I look at your messages. Could you please check that your mail settings for Request Read Receipt is turned off? Thanks - -Bill Triffet - ----- Original Message ----- From: "Dragon" To: Sent: Wednesday, March 14, 2001 4:02 PM Subject: RE: [CANSLIM] investment of time and money > Maybe we can pool our efforts. I am a programmer so I can offer > programming time > - - ------------------------------ Date: Wed, 14 Mar 2001 16:30:08 -0800 From: "Dragon" Subject: RE: [CANSLIM] Heaven (or Hell, for the sane among us) This is a multi-part message in MIME format. - ------=_NextPart_000_0002_01C0ACA4.0884AA60 Content-Type: text/plain; charset="US-ASCII" Content-Transfer-Encoding: 7bit It is not going to leave anybody out. Markets don't go straight up. -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Vanchee1@aol.com Sent: Wednesday, March 14, 2001 4:20 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] Heaven (or Hell, for the sane among us) One of the problems with the M now is not so much that earnings are slowing a bit, but there are many new and green investors who have never experienced a bear market. They are running scared selling anything and everything, only after they lost 20 to 50%. A slowdown in the tech sector should be anticipated from time to time, this IMHO does not justify the overall and widespread free fall of all stocks. I know in this market most find it very hard to pull the trigger and buy, and that is fine, everyone needs to feel comfortable and sleep well at night. I do not bash anyone that wants to be in cash right now. For me I am enjoying the market jumping around from stock to stock and many times back again to the same ones, I still manage to make my portfolio grow weekly and sleep well at night. I feel that when the market turns I will be well positioned to reap the benefits from the bottom up. Like WO just wrote a few days ago in IBD (investors corner) during a bear or down market like we our surely in, now is the time to be picking the next leaders and act when the market turns, so we need our buy candidates on watch, because this market could turn fast and leave you out. Chris. - ------=_NextPart_000_0002_01C0ACA4.0884AA60 Content-Type: text/html; charset="US-ASCII" Content-Transfer-Encoding: quoted-printable
It is=20 not going to leave anybody out.  Markets don't go straight=20 up.
-----Original Message-----
From:=20 owner-canslim@lists.xmission.com=20 [mailto:owner-canslim@lists.xmission.com]On Behalf Of=20 Vanchee1@aol.com
Sent: Wednesday, March 14, 2001 4:20=20 PM
To: canslim@lists.xmission.com
Subject: Re: = [CANSLIM]=20 Heaven (or Hell, for the sane among us)

One of the problems with the M = now is not so=20 much that earnings are slowing a
bit, but there are many new and = green=20 investors who have never experienced a
bear market.  They are = running=20 scared selling anything and everything, only
after they lost 20 to = 50%. A=20 slowdown in the tech sector should be
anticipated from time to = time, this=20 IMHO does not justify the overall and
widespread free fall of all = stocks.=20 I know in this market most find it very
hard to pull the trigger = and buy,=20 and that is fine, everyone needs to feel
comfortable and sleep = well at=20 night. I do not bash anyone that wants to be in
cash right now. = For me I=20 am enjoying the market jumping around from stock to
stock and many = times=20 back again to the same ones, I still manage to make my
portfolio = grow=20 weekly and sleep well at night. I feel that when the market
turns = I will=20 be well positioned to reap the benefits from the bottom up. Like =
WO just=20 wrote a few days ago in IBD (investors corner) during a bear or down=20
market like we our surely in, now is the time to be picking the = next=20 leaders
and act when the market turns, so we need our buy = candidates on=20 watch,
because this market could turn fast and leave you out.=20

Chris.
- ------=_NextPart_000_0002_01C0ACA4.0884AA60-- - - ------------------------------ Date: Wed, 14 Mar 2001 19:30:53 -0500 From: "Tom Worley" Subject: [CANSLIM] Kohls (KSS) This is a multi-part message in MIME format. - ------=_NextPart_000_0010_01C0ACBD.48E5F3C0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable It's a shame Kohls fell so far that it's RS is down to 76. Released Q4 = results today, 52 cents (two cents over estimates) soundly beating year = ago 36 cents. Same store sales up 13%, and says its comfortable with = both Q1 and full year estimates. Haven't heard that from too many lately, worth at least keeping an eye = on it. Stock responded, up 1.68, but volume less than 1.5ADV. Tom Worley stkguru@netside.net ICQ # 5568838 - ------=_NextPart_000_0010_01C0ACBD.48E5F3C0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
It's a shame Kohls fell so far that it's RS is down = to 76.=20 Released Q4 results today, 52 cents (two cents over estimates) soundly = beating=20 year ago 36 cents. Same store sales up 13%, and says its comfortable = with both=20 Q1 and full year estimates.
 
Haven't heard that from too many lately, worth at = least=20 keeping an eye on it. Stock responded, up 1.68, but volume less than=20 1.5ADV.

Tom Worley
stkguru@netside.net
ICQ #=20 5568838
 
 
- ------=_NextPart_000_0010_01C0ACBD.48E5F3C0-- - - ------------------------------ Date: Wed, 14 Mar 2001 16:33:53 -0800 From: "Dragon" Subject: RE: [CANSLIM] investment of...(OT) OK - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Bill Triffet Sent: Wednesday, March 14, 2001 4:24 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] investment of...(OT) Hi Dragon (or Frank?), Minor thing but...I keep getting a system message to send a read receipt when I look at your messages. Could you please check that your mail settings for Request Read Receipt is turned off? Thanks - -Bill Triffet - ----- Original Message ----- From: "Dragon" To: Sent: Wednesday, March 14, 2001 4:02 PM Subject: RE: [CANSLIM] investment of time and money > Maybe we can pool our efforts. I am a programmer so I can offer > programming time > - - - - ------------------------------ Date: Wed, 14 Mar 2001 19:38:00 -0500 From: "Dan Forant" Subject: Re: [CANSLIM] Heaven (or Hell, for the sane among us) This is a multi-part message in MIME format. - ------=_NextPart_000_0123_01C0ACBE.47709C60 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable I can't see where I'll be left out if I wait for the proper follow thru = day. In fact it makes sense to me to be patient. If I'm going to gamble, = I like some of the odd's on my side. I guess it depends upon one's = nerves. Mine are fine and I'm 100% cash till the next follow thru = breakout day. I believe it could be as soon as Monday, someone correct = me if I'm wrong. Dan F ----- Original Message -----=20 From: Vanchee1@aol.com=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, March 14, 2001 7:19 PM Subject: Re: [CANSLIM] Heaven (or Hell, for the sane among us) One of the problems with the M now is not so much that earnings are = slowing a=20 bit, but there are many new and green investors who have never = experienced a=20 bear market. They are running scared selling anything and everything, = only=20 after they lost 20 to 50%. A slowdown in the tech sector should be=20 anticipated from time to time, this IMHO does not justify the overall = and=20 widespread free fall of all stocks. I know in this market most find it = very=20 hard to pull the trigger and buy, and that is fine, everyone needs to = feel=20 comfortable and sleep well at night. I do not bash anyone that wants = to be in=20 cash right now. For me I am enjoying the market jumping around from = stock to=20 stock and many times back again to the same ones, I still manage to = make my=20 portfolio grow weekly and sleep well at night. I feel that when the = market=20 turns I will be well positioned to reap the benefits from the bottom = up. Like=20 WO just wrote a few days ago in IBD (investors corner) during a bear = or down=20 market like we our surely in, now is the time to be picking the next = leaders=20 and act when the market turns, so we need our buy candidates on watch, = because this market could turn fast and leave you out.=20 Chris.=20 - ------=_NextPart_000_0123_01C0ACBE.47709C60 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
I can't see where I'll be left out if I wait for the = proper=20 follow thru day. In fact it makes sense to me to be patient. If I'm = going to=20 gamble, I like some of the odd's on my side. I guess it depends upon = one's=20 nerves. Mine are fine and I'm 100% cash till the next follow thru = breakout day.=20 I believe it could be as soon as Monday, someone correct me if I'm=20 wrong.
 
Dan F
----- Original Message -----
From:=20 Vanchee1@aol.com=20
Sent: Wednesday, March 14, 2001 = 7:19=20 PM
Subject: Re: [CANSLIM] Heaven = (or Hell,=20 for the sane among us)

One of the = problems=20 with the M now is not so much that earnings are slowing a
bit, but = there=20 are many new and green investors who have never experienced a
bear = market.=20  They are running scared selling anything and everything, only =
after=20 they lost 20 to 50%. A slowdown in the tech sector should be =
anticipated=20 from time to time, this IMHO does not justify the overall and =
widespread=20 free fall of all stocks. I know in this market most find it very =
hard to=20 pull the trigger and buy, and that is fine, everyone needs to feel=20
comfortable and sleep well at night. I do not bash anyone that = wants to be=20 in
cash right now. For me I am enjoying the market jumping around = from=20 stock to
stock and many times back again to the same ones, I still = manage=20 to make my
portfolio grow weekly and sleep well at night. I feel = that when=20 the market
turns I will be well positioned to reap the benefits = from the=20 bottom up. Like
WO just wrote a few days ago in IBD (investors = corner)=20 during a bear or down
market like we our surely in, now is the = time to be=20 picking the next leaders
and act when the market turns, so we need = our buy=20 candidates on watch,
because this market could turn fast and leave = you=20 out.

Chris. - ------=_NextPart_000_0123_01C0ACBE.47709C60-- - - ------------------------------ Date: Wed, 14 Mar 2001 16:48:56 -0800 From: Tim Fisher Subject: Re: [CANSLIM] Heaven (or Hell, for the sane among us) So, the beginning of an official Bear Market for the S&P 500, the DJIA approaching a Bear, the NASDAQ entrenched in one, and the other indices breaking the lower ends of their trading ranges constitutes "a slowdown in the tech sector"? BS. It's the general market confirming the Bear that the techs have been in for 9 months. Earnings warnings from not only techs but all sorts of retailers, restaurants, nifty fifties, DOW components, European big caps, etc. is not just "a slowdown in the tech sector". It's the beginnings of the softening of the global economy and a flat-out recession in the US. Let's hope the Fed can do what they are paid to do and bring the economy down slowly rather than a general crash. And earnings are reversing in a lot of cases, not "slowing a bit". Many techs and non-techs are forecasting not just growth slowdowns but profits are turning into losses. Earnings "slowed a bit" 9 months ago at the beginning of this Bear. Now it's more like a free-fall. And if you think "new and green investors" drove the NASDAQ down 65%, you're flat out wrong. Big Money drove it down, and only Big Money can lift it back up again. And that is not going to happen until Big Money thinks the US is not headed for a recession. As for having to be there right at the bottom, wasn't it WON who said a an investor who beats the market never buys at the bottom and never sells at the top? You are right, the time to be picking the leaders is now, the time to be buying them is NOT now. WON certainly does not advocate buying leaders when the markets are making new lows. On 04:19 PM 3/14/01, Vanchee1@aol.com Said: >One of the problems with the M now is not so much that earnings are slowing a >bit, but there are many new and green investors who have never experienced a >bear market. They are running scared selling anything and everything, only >after they lost 20 to 50%. A slowdown in the tech sector should be >anticipated from time to time, this IMHO does not justify the overall and >widespread free fall of all stocks. I know in this market most find it very >hard to pull the trigger and buy, and that is fine, everyone needs to feel >comfortable and sleep well at night. I do not bash anyone that wants to be in >cash right now. For me I am enjoying the market jumping around from stock to >stock and many times back again to the same ones, I still manage to make my >portfolio grow weekly and sleep well at night. I feel that when the market >turns I will be well positioned to reap the benefits from the bottom up. Like >WO just wrote a few days ago in IBD (investors corner) during a bear or down >market like we our surely in, now is the time to be picking the next leaders >and act when the market turns, so we need our buy candidates on watch, >because this market could turn fast and leave you out. > >Chris. Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - - ------------------------------ End of canslim-digest V2 #1207 ****************************** 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.