RE: [CANSLIM] wbb

From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #1261 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 Friday, April 6 2001 Volume 02 : Number 1261 In this issue: [CANSLIM] Today's Opening [CANSLIM] Employment Report [CANSLIM] I want to see capitulation [CANSLIM] question for TOM Re: [CANSLIM] wbb Re: [CANSLIM] wbb RE: [CANSLIM] wbb Re: [CANSLIM] Another one bites the dust Re: [CANSLIM] wbb Re: [CANSLIM] Economics Re: [CANSLIM] I want to see capitulation RE: [CANSLIM] wbb Re: [CANSLIM] Another one bites the dust Re: [CANSLIM] wbb [CANSLIM] SHFL: Thanks Tom Re: [CANSLIM] SHFL: Thanks Tom [CANSLIM] Off Topic: KREM ---------------------------------------------------------------------- Date: Fri, 6 Apr 2001 08:47:45 -0400 From: "Tom Worley" Subject: [CANSLIM] Today's Opening This is a multi-part message in MIME format. - ------=_NextPart_000_005B_01C0BE76.40505A00 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Japanese Prime Minister Mori announced he is resigning (he was already a = lame duck), blaming in part his failure to resuscitate the dead Japanese = economy. Futures initial reaction to the Employment Report is negative, looks = like a down opening at this point. Tom Worley stkguru@netside.net ICQ # 5568838 - ------=_NextPart_000_005B_01C0BE76.40505A00 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable

Japanese Prime Minister Mori announced he is = resigning (he was=20 already a lame duck), blaming in part his failure to resuscitate the = dead=20 Japanese economy.

Futures initial reaction to the Employment Report is = negative,=20 looks like a down opening at this point.

Tom Worley
stkguru@netside.net
ICQ #=20 5568838

- ------=_NextPart_000_005B_01C0BE76.40505A00-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Fri, 6 Apr 2001 08:59:24 -0400 From: "Tom Worley" Subject: [CANSLIM] Employment Report This is a multi-part message in MIME format. - ------=_NextPart_000_0068_01C0BE77.E19073E0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable It appears that instead of adding about 70,000 jobs, we subtracted = 86,000 jobs. Overall unemployment rose to 4.3%. Hourly wages rose by 6 = cents, a little higher than expected. Futures still trending down. Looks like the market is responding more to = the "the economy is even worse than we expected" than to the theme of = "the Feds will cut rates again before the May meeting". The Employment Report is seriously negative, but too early to tell if it = will prompt aggressive action by Mr. G. Tom Worley stkguru@netside.net ICQ # 5568838 - ------=_NextPart_000_0068_01C0BE77.E19073E0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable

It appears that instead of adding about 70,000 jobs, = we=20 subtracted 86,000 jobs. Overall unemployment rose to 4.3%. Hourly wages = rose by=20 6 cents, a little higher than expected.

Futures still trending down. Looks like the market = is=20 responding more to the "the economy is even worse than we expected" than = to the=20 theme of "the Feds will cut rates again before the May = meeting".

The Employment Report is seriously negative, but too = early to=20 tell if it will prompt aggressive action by Mr. G.

Tom Worley
stkguru@netside.net
ICQ #=20 5568838

- ------=_NextPart_000_0068_01C0BE77.E19073E0-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Fri, 6 Apr 2001 06:04:40 -0700 (PDT) From: rolatzi Subject: [CANSLIM] I want to see capitulation I haven't been paying close attention to the stocks discussion here because I am still waiting for signs of a new bull market before I beging to hunt and buy. The signs that I would like to see are as follows: 1. A WON follow through day (is today day 2?) 2. stocks with good and long bases 3. strong non-defensive sectors that look ready to take the lead. 4. fear on the part of the investors (A VIX that breaks well above 40). 5. fear on the part of the brokers - no recommendations on buying the dip or jumping aboard on the first up day. 6. capitulation on the part of the investors, this probably means an unwillingness to commit money to stocks 7. a good bottom - this probably means a prolonged bottom (U or L ) with low volume rather than a V-shaped bounce. 8. a decline in the value of the dollar. 9. a shocking announcement like a bankruptcy in a core business. In the mean time, I continue to hold puts, cash and gold stocks. My puts at this point are in traditional companies like banking, retailing, food. While I think that technology has some more to give up, its volatility is hard for me to trade and it has corrected much more than technology. The slow down in technology is likely to spread to the rest of the economy over the course of this year. The best CANSLIM strategy for me is to scan sectors and industries for bottoms and bases and not focus yet on individual stocks. JMHO rolatzi __________________________________________________ Do You Yahoo!? Get email at your own domain with Yahoo! Mail. http://personal.mail.yahoo.com/ - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Mon, 1 Sep 2003 11:03:42 -0400 From: asosis@ca.ibm.com Subject: [CANSLIM] question for TOM Hi Tom, you have posted before the name of the site that emails you earnings announcements. I cannot find that email. Would you be able to post it again? Thank you. Anna - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Fri, 6 Apr 2001 14:37:10 EDT From: Spencer48@aol.com Subject: Re: [CANSLIM] wbb Tom: The Annual EPS is under the 17-20% annual increase. I did overlook that (+14% and +9% looked adequate to me), and here's why I still consider it promising: The stock formation, to me, looks very intriguing (ie. promising). And coupled with the low PE and high growth rate (and with the high EPS of $4.50), and with the 17% ROE, I think this is a stock to look at-especially when the bull begins again. The stock is falling again on tremendous volume today;however, I'd like to see what it does when it hits its support area (which is in, I believe, the 25 1/2-26 12 range). I don't believe I'd buy it now, even if it broke its pivot point at 32 1/8-but not because I think the stock is so shabby or will do poorly once it breaks out, but rather because the market is, I believe-despite yesterday's bear-rally short-covering-still in a bear. However, I admit I did neglect to look more carefully at the annual earnings growth. I also concede that I neglected to give it WON's Canslim weight because to me the chart looks so nice, and these other Canslim fundamentals (EPS and RS ratings, Industry Group Rating, Timeliness, ROE) are so nice. The only detriments I see-so far-are the bear market, the high debt, the "C" A/D rating, and, as you pointed out, the less than Canslim annual growth rate. But the other positive factors overpower them, in my view. Anyway, Tom, this is one of the reason why I like this list. Someone (many times you) will point out a deficency in my analysis that I overlooked. Thanks. Tom, I know one must cull the list someway (in order to reduce the universe of stocks to be considered), but would you still feel the same way about WBB if we were beginning a bull market? Jans - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Fri, 6 Apr 2001 14:51:06 EDT From: Spencer48@aol.com Subject: Re: [CANSLIM] wbb Nancy: I agree with Tom. I think the question you asked (not merely "how should WBB be analyzed", but specifically "should I be worried about the handle on WBB? Has it fallen too low?") was a question worthy of response-because the questioner sounded as if she wanted to know how others might analyze that handle (especially, as I viewed the question, as the WBB handle relates to this bear market we're in). That's why, after analyzing the WBB formation(both cup and handle), I took the time to e-mail. Jans In a message dated 4/5/2001 10:13:43 PM Eastern Daylight Time, stkguru@netside.net writes: RE: [CANSLIM] wbbNever, Nancy. The only question not worthy of some kind of response is the one not asked! Tom Worley stkguru@netside.net ICQ # 5568838 Thank you, Spencer for taking the time to provide me with all this information. During that long silence prior to hearing from Hugh, I thought that the group did not esteem my question to be worthy of a response. Nancy >> - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Fri, 6 Apr 2001 11:55:55 -0700 From: "DiFabio, Nancy" Subject: RE: [CANSLIM] wbb This message is in MIME format. Since your mail reader does not understand this format, some or all of this message may not be legible. - ------_=_NextPart_001_01C0BECB.000CAF66 Content-Type: text/plain; charset=iso-8859-1 Content-Transfer-Encoding: 7bit The A/D rating must have changed recently. Had I known it has a C rating, I would not have considered it a possible purchase. It's all over now. Thanks for all the information. Nancy - -----Original Message----- From: Spencer48@aol.com [mailto:Spencer48@aol.com] Sent: Friday, April 06, 2001 11:37 AM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] wbb Tom: The Annual EPS is under the 17-20% annual increase. I did overlook that (+14% and +9% looked adequate to me), and here's why I still consider it promising: The stock formation, to me, looks very intriguing (ie. promising). And coupled with the low PE and high growth rate (and with the high EPS of $4.50), and with the 17% ROE, I think this is a stock to look at-especially when the bull begins again. The stock is falling again on tremendous volume today;however, I'd like to see what it does when it hits its support area (which is in, I believe, the 25 1/2-26 12 range). I don't believe I'd buy it now, even if it broke its pivot point at 32 1/8-but not because I think the stock is so shabby or will do poorly once it breaks out, but rather because the market is, I believe-despite yesterday's bear-rally short-covering-still in a bear. However, I admit I did neglect to look more carefully at the annual earnings growth. I also concede that I neglected to give it WON's Canslim weight because to me the chart looks so nice, and these other Canslim fundamentals (EPS and RS ratings, Industry Group Rating, Timeliness, ROE) are so nice. The only detriments I see-so far-are the bear market, the high debt, the "C" A/D rating, and, as you pointed out, the less than Canslim annual growth rate. But the other positive factors overpower them, in my view. Anyway, Tom, this is one of the reason why I like this list. Someone (many times you) will point out a deficency in my analysis that I overlooked. Thanks. Tom, I know one must cull the list someway (in order to reduce the universe of stocks to be considered), but would you still feel the same way about WBB if we were beginning a bull market? Jans - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. "WorldSecure " made the following annotations on 04/06/01 11:54:26 - ------------------------------------------------------------------------------ PLEASE NOTE: This message, including any attachments, may include privileged, confidential and/or inside information. Any distribution or use of this communication by anyone other than the intended recipient(s) is strictly prohibited and may be unlawful. If you are not the intended recipient, please notify the sender by replying to this message and then delete it from your system. Thank you. ============================================================================== - ------_=_NextPart_001_01C0BECB.000CAF66 Content-Type: text/html; charset=iso-8859-1 Content-Transfer-Encoding: quoted-printable RE: [CANSLIM] wbb

The A/D rating must have changed recently. Had I = known it has a C rating, I would not have considered it a possible purchase= .= It's all over now.

Thanks for all the information.

Nancy

-----Original Message-----
From: Spencer48@aol.com [mailto:Spencer48@aol.com]
Sent: Friday, April 06, 2001 11:37 AM
To: canslim@lists.xmission.com
Subject: Re: [CANSLIM] wbb

Tom:

The Annual EPS is under the = 17-20% annual increase. I did overlook that
(+14% and +9% looked adequate to me), and here's why I = still consider it
promising: The stock formation, to me, looks very = intriguing (ie.
promising). And coupled with the low PE and high = growth rate (and with the
high EPS of $4.50), and with the 17% ROE, I think this i= s= a stock to look
at-especially when the bull begins again.

The stock is falling again on = tremendous volume today;however, I'd like
to see what it does when it hits its support area (which= = is in, I believe,
the 25 1/2-26 12 range). I don't believe I'd buy i= t= now, even if it broke
its pivot point at 32 1/8-but not because I think the = stock is so shabby or
will do poorly once it breaks out, but rather because th= e= market is, I
believe-despite yesterday's bear-rally = short-covering-still in a bear.

However, I admit I did neglect t= o= look more carefully at the annual
earnings growth. I also concede that I = neglected to give it WON's Canslim
weight because to me the chart looks so nice, and these = other Canslim
fundamentals (EPS and RS ratings, Industry Group Rating,= = Timeliness, ROE) are
so nice. The only detriments I see-so far-are the = bear market, the high
debt, the "C" A/D rating, and, as you pointed = out, the less than Canslim
annual growth rate. But the other positive factors= = overpower them, in my
view.

Anyway, Tom, this is one o= =66= the reason why I like this list. Someone
(many times you) will point out a deficency in my = analysis that I overlooked.
Thanks. Tom, I know one must cull the list = someway (in order to reduce the
universe of stocks to be considered), but would you stil= l= feel the same way
about WBB if we were beginning a bull market?

Jans

-
-To subscribe/unsubscribe, email = "majordomo@xmission.com"
-In the email body, write "subscribe canslim" = or
-"unsubscribe canslim". Do not use quote= s= in your email.

"WorldSecure <irell.com>" made the following
annotations on 04/06/01 11:54:26
- ---------------------------------------------------------------------------= - ---
PLEASE NOTE: This message, including any attachments, may include = privileged, confidential and/or inside information. Any distribution or us= e= of this communication by anyone other than the intended recipient(s) is = strictly prohibited and may be unlawful. If you are not the intended = recipient, please notify the sender by replying to this message and then = delete it from your system. Thank you.

=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D= =3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D= =3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D= =3D=3D=3D

- ------_=_NextPart_001_01C0BECB.000CAF66-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Fri, 6 Apr 2001 15:05:30 EDT From: Spencer48@aol.com Subject: Re: [CANSLIM] Another one bites the dust Tom, Interesting observation. RCII is in an LLUR that's been correcting for about 3 weeks. It will be interesting to note if institutions support it at the 200 MA. Jans In a message dated 4/5/2001 10:08:06 PM Eastern Daylight Time, stkguru@netside.net in part writes: << From experience, I would be willing to bet that some of the institutional selling (esp from funds) came about, not because RCII now fails any of their standards or tests, but only because they know they can replace the shares from the new secondary issue. So they sold pretty high, and hope to buy back cheaper on the secondary, and thereby also show they still support the company, or the market maker, or somebody. They have been promised some of those 5 million shares (2.8 million new, 2.2 million existing), and may even know where they will be priced, giving them a chance to not only take a short term profit, but also know they can buy them back cheaper. >> - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Fri, 6 Apr 2001 15:22:07 EDT From: Spencer48@aol.com Subject: Re: [CANSLIM] wbb Tom: I don't know if WON would agree that stocks should be analyzed alike in all markets-ie.bulls and bears. Do you believe that WON would stick to the 25% stricture even in a bear market (for instance, as in this one where the Dow has declined about 1/3, and considering the fact that high comparable RS stocks have higher volatility than the average stock)? Also, the outstanding Tender Offer: Did you find that on the Internet? If so, what is the URL? Also, if the offer is accepted, wouldn't you think that the WBB stock formation would signal it by gapping up to the offer/acceptance price-and then never breaking out, but just continue basing at that price (assuming the offer is below 32 1/8). Jans In a message dated 4/5/2001 10:37:19 PM Eastern Daylight Time, stkguru@netside.net writes: << wbbNancy, the "ideal" cup and handle will show a smooth cup, with the bottom no more than about 25% below the difference between the left side of the cup, and the price where the prior upward trend started. In other words, the cup gives up no more than 25% of the prior leg up. If the cup gives up 50% or more, it should be avoided. >> Also, he wrote>> Date: 4/5/2001 9:26:14 PM Eastern Daylight Time From: stkguru@netside.net (Tom Worley) Sender: owner-canslim@lists.xmission.com Reply-to: canslim@lists.xmission.com To: canslim@lists.xmission.com wbbHi Nancy, I don't see a real handle there, and the past week's decline is too steep to sustain this in any event. However, there is an outstanding Tender Offer from last Nov, so forget it and find another. Not enough upside even here to make it worth the risk. << - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Fri, 6 Apr 2001 15:51:17 EDT From: Spencer48@aol.com Subject: Re: [CANSLIM] Economics Robert, I believe Greenspan believes not at all in the Phillips Curve. The late 70's showed that hi unemployment doesn't = low inflation. Also, the 80's and 90's disproved the notion that hi employment would necessarily lead to an increase in inflation. It can, I suppose, if the demand for labor is much higher than the supply of labor. The Phillips Curve, however, I believe, was based on a second type of inflation: Wage-Pull Inflation. I believe that Greenspan DOES believe that there will be a tendency towards wage inflation given higher employment, but not because of the Phillips Curve. I believe he believes this because he has tended not to appreciate the increase in productivity of our labor force. If our labor force is more productive then there will be a countervailing deflationary tendency because workers will not demand higher wages to meet higher prices which will not go higher because the increased productivity will lead to more goods available. In sum, then, there will not be a need for higher wages since the increased productivity leads to an increase of supply in goods and services, which, in turn leads to a moderation of prices. Thus, there is no demand-push wage inflation, due, I believe, to the increased use of computers and computer-like technology and to the increased amount of competition in our global economy. Apparently, there are enough supply of workers, and competitive forces to negate the Demand-Push Inflation, which is merely more demand for labor than supply of labor. In a message dated 4/5/2001 10:26:49 PM Eastern Daylight Time, stkguru@netside.net writes: << Robert, the Philips Curve believes intrinsically that high employment automatically translates into inflationary pressures. Mr. G did once support this concept, but that was years ago and well before we had sustained high employment without corresponding high inflation. Well over 10 years ago, it was widely perceived that there was a core rate of unemployment, usually pegged at 5%, below which we were considered "fully employed", and that inflation was inevitable. Well, we have been under (and well under) 5% for many years, and Mr. G and the FOMC have demonstrated that there are other ways of restricting inflation at the same time as both sustaining high employment and strong economic growth. Go back and read the past half dozen or so of Greenspan's semi-annual presentations on the Hill. Yes, he remains ever vigilant on inflation issues, but the ways he monitors and measures the threat of inflation is not only employment, and often employment is well down the list. A Philips believer would never do that. Be careful of reading books on Greenspan, most are (like the old HTMMIS, haven't read the new one yet) way out of date. Tom Worley stkguru@netside.net ICQ # 5568838 ----- Original Message ----- From: Robert McGill To: canslim@lists.xmission.com Sent: Thursday, April 05, 2001 9:33 PM Subject: Re: [CANSLIM] Economics Maybe someone with more of an economics background could respond but it is my impression that G believes in the Philips Curve, which says that high employment leads to inflation. Also he has been repeating over and over that tight labor mkts lead to wage inflation. Also, from, "The Greenspan Effect", by Sicilia, there is an entire chpt devoted to , Chpt 9, "Tight Labor Markets", from pp-70, "The problem of course, was that labor shortages-more jobs chasing fewer available workers-would put upward pressure on wages, which could easily translate into inflation", etc... and from pp-73, "A reemergence of inflation is, without question, the greatest threat to sustaining what has been a balanced economic expansion virtually without parallel in recent decades." From: Tom Worley To: canslim@lists.xmission.com Sent: Thursday, April 05, 2001 9:16 PM Subject: Re: [CANSLIM] Economics From everything I have read and seen from Mr. G in well over three years, he would not agree with your statement at all. Tom Worley stkguru@netside.net ICQ # 5568838 ----- Original Message ----- From: Robert McGill To: canslim@lists.xmission.com Sent: Thursday, April 05, 2001 8:59 AM Subject: Re: [CANSLIM] Economics Greenspan wants more unemployment. As an avowed Keynesian he believes that high employment is conducive to inflation. I do not see this info being indicative of a rate cut. ----- Original Message ----- From: Tom Worley To: CANSLIM Sent: Thursday, April 05, 2001 8:57 AM Subject: [CANSLIM] Economics >> - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Mon, 1 Sep 2003 15:51:18 -0400 From: asosis@ca.ibm.com Subject: Re: [CANSLIM] I want to see capitulation 9. a shocking announcement like a bankruptcy in a core business. PG&E bankruptcy California power giant's utility unit throws in the towel Will this do to meet #9? :) Anna rolatzi @lists.xmission.com on 04/06/2001 09:04:40 AM Please respond to canslim@lists.xmission.com Sent by: owner-canslim@lists.xmission.com To: canslim@mail.xmission.com cc: Subject: [CANSLIM] I want to see capitulation I haven't been paying close attention to the stocks discussion here because I am still waiting for signs of a new bull market before I beging to hunt and buy. The signs that I would like to see are as follows: 1. A WON follow through day (is today day 2?) 2. stocks with good and long bases 3. strong non-defensive sectors that look ready to take the lead. 4. fear on the part of the investors (A VIX that breaks well above 40). 5. fear on the part of the brokers - no recommendations on buying the dip or jumping aboard on the first up day. 6. capitulation on the part of the investors, this probably means an unwillingness to commit money to stocks 7. a good bottom - this probably means a prolonged bottom (U or L ) with low volume rather than a V-shaped bounce. 8. a decline in the value of the dollar. 9. a shocking announcement like a bankruptcy in a core business. In the mean time, I continue to hold puts, cash and gold stocks. My puts at this point are in traditional companies like banking, retailing, food. While I think that technology has some more to give up, its volatility is hard for me to trade and it has corrected much more than technology. The slow down in technology is likely to spread to the rest of the economy over the course of this year. The best CANSLIM strategy for me is to scan sectors and industries for bottoms and bases and not focus yet on individual stocks. JMHO rolatzi __________________________________________________ Do You Yahoo!? Get email at your own domain with Yahoo! Mail. http://personal.mail.yahoo.com/ - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Fri, 06 Apr 2001 13:03:45 -0700 From: Tim Fisher Subject: RE: [CANSLIM] wbb I always get a second opinion if I can. In this case, according to QP2, the A/D on WBB is "B". In fact it's a 93/94/98/A/B/B stock according to them. Shows up on my "Cream of the Crop" watch list, therefore I consider it a valid candidate, were it still within 15% of its 52-wk high, which it isn't (it was last Friday when I made my list). >The A/D rating must have changed recently. Had I known it has a C rating, I >would not have considered it a possible purchase. It's all over now. > >Thanks for all the information. > >Nancy > >-----Original Message----- >From: Spencer48@aol.com [mailto:Spencer48@aol.com] >Sent: Friday, April 06, 2001 11:37 AM >To: canslim@lists.xmission.com >Subject: Re: [CANSLIM] wbb > > >WARNING: The remainder of this message has not been transferred. >The estimated size of this message is 10384 bytes. >Click on the server retrieve icon above and check mail again to get the >whole thing. If the server retrieve icon is not showing, then this >message is no longer on the server. Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Fri, 06 Apr 2001 13:07:32 -0700 From: Tim Fisher Subject: Re: [CANSLIM] Another one bites the dust IMHO it is a _former_ LLUR. Stocks do break their patterns, usually when something changes. In this case, the secondary offering broke the LLUR pattern. As such, all bets are off from my perspective. It traded off its 50 dma (actually more like the 20 or 30 dma) as an LLUR, but it is now way below the 50 and does not look to be recovering quickly. Ergo, off my list. Sayonara baby. CoOn 12:05 PM 4/6/01, Spencer48@aol.com Said: >Tom, > > Interesting observation. RCII is in an LLUR that's been correcting for >about 3 weeks. It will be interesting to note if institutions support it at >the 200 MA. > >Jans > > >In a message dated 4/5/2001 10:08:06 PM Eastern Daylight Time, >stkguru@netside.net in part writes: > ><< From experience, I would be willing to bet that some of the > institutional selling (esp from funds) came about, not because > RCII now fails any of their standards or tests, but only because > they know they can replace the shares from the new secondary > issue. So they sold pretty high, and hope to buy back cheaper on > the secondary, and thereby also show they still support the > company, or the market maker, or somebody. They have been > promised some of those 5 million shares (2.8 million new, 2.2 > million existing), and may even know where they will be priced, > giving them a chance to not only take a short term profit, but > also know they can buy them back cheaper. >> > >- >-To subscribe/unsubscribe, email "majordomo@xmission.com" >-In the email body, write "subscribe canslim" or >-"unsubscribe canslim". Do not use quotes in your email. Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Fri, 06 Apr 2001 13:11:46 -0700 From: Tim Fisher Subject: Re: [CANSLIM] wbb from http://ww.freeedgar.com/ FOR IMMEDIATE RELEASE: November 2, 2000 - Walnut, CA - J.F. Shea Co., Inc. today announced that as previously indicated, its proposal to acquire all of the outstanding common stock of Del Webb Corp. (NYSE: WBB) for $30 per share, subject to limited confirmatory due diligence, has lapsed effective November 2, 2000. Shea noted that its financial advisors have had an informative discussion with Del Webb's financial advisors. John F. Shea, President and Chief Executive Officer, stated, "We would welcome further constructive dialogue." On 12:22 PM 4/6/01, Spencer48@aol.com Said: >Tom: > > I don't know if WON would agree that stocks should be analyzed alike in >all markets-ie.bulls and bears. Do you believe that WON would stick to the >25% stricture even in a bear market (for instance, as in this one where the >Dow has declined about 1/3, and considering the fact that high comparable RS >stocks have higher volatility than the average stock)? Also, the outstanding >Tender Offer: Did you find that on the Internet? If so, what is the URL? >Also, if the offer is accepted, wouldn't you think that the WBB stock >formation would signal it by gapping up to the offer/acceptance price-and >then never breaking out, but just continue basing at that price (assuming the >offer is below 32 1/8). > >Jans > > >In a message dated 4/5/2001 10:37:19 PM Eastern Daylight Time, >stkguru@netside.net writes: > ><< wbbNancy, the "ideal" cup and handle will show a smooth cup, with the >bottom no more than about 25% below the difference between the left side of >the cup, and the price where the prior upward trend started. In other words, >the cup gives up no more than 25% of the prior leg up. If the cup gives up >50% or more, it should be avoided. > >> >Also, he wrote>> Date: 4/5/2001 9:26:14 PM Eastern Daylight Time >From: stkguru@netside.net (Tom Worley) >Sender: owner-canslim@lists.xmission.com >Reply-to: canslim@lists.xmission.com >To: canslim@lists.xmission.com > >wbbHi Nancy, > >I don't see a real handle there, and the past week's decline is too steep to >sustain this in any event. > >However, there is an outstanding Tender Offer from last Nov, so forget it and >find another. Not enough upside even here to make it worth the risk. << > >- >-To subscribe/unsubscribe, email "majordomo@xmission.com" >-In the email body, write "subscribe canslim" or >-"unsubscribe canslim". Do not use quotes in your email. Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Fri, 06 Apr 2001 15:32:21 -0500 From: "Dave Massaglia" Subject: [CANSLIM] SHFL: Thanks Tom Tom, I took your advice and got out at 26.....It looks like SHFL shot up too quickly. Would it be wise to think about buying more shares of SHFL if it comes down to near where it was basing previously (say around 19?). Or does WON suggest to take your profits and run..... _________________________________________________________________ Get your FREE download of MSN Explorer at http://explorer.msn.com - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Fri, 06 Apr 2001 14:05:46 -0700 From: Tim Fisher Subject: Re: [CANSLIM] SHFL: Thanks Tom SHFL is an LLUR, so if you buy back in, it's not a CANSLIM buy. This one (in contrast to RCII) has not broken its pattern, until it gets below the 50 dma and fails to recover. WON says get out of a failed B/O. On 01:32 PM 4/6/01, Dave Massaglia Said: >Tom, > >I took your advice and got out at 26.....It looks like SHFL shot up too >quickly. > >Would it be wise to think about buying more shares of SHFL if it comes >down to near where it was basing previously (say around 19?). Or does WON >suggest to take your profits and run..... >_________________________________________________________________ >Get your FREE download of MSN Explorer at http://explorer.msn.com > > >- >-To subscribe/unsubscribe, email "majordomo@xmission.com" >-In the email body, write "subscribe canslim" or >-"unsubscribe canslim". Do not use quotes in your email. Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Fri, 06 Apr 2001 14:15:31 -0700 From: Tim Fisher Subject: [CANSLIM] Off Topic: KREM From TMF: >Is Krispy Kreme the Next Starbucks? > >Is Krispy Kreme the Next Starbucks? Even before my coffee and doughnut in >the morning, I can tell you the answer is no. The biggest reason Krispy >Kreme doesn't have a prayer at becoming "The Next Starbucks" is because >there's nothing addictive in its doughnuts. The company needs to consider >adding an addictive compound to its secret recipe. Not a serious treatment of KREM's financials, but they do have a point. SBUX has 66% of adult Americans as a built-in market; KREM has cops and movie stars. Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ End of canslim-digest V2 #1261 ****************************** 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.