From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #1269 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 Thursday, April 12 2001 Volume 02 : Number 1269 In this issue: Re: [CANSLIM] quix Re: [CANSLIM] Re: Intro:B. Gregory Fedoriw RE: [CANSLIM] so many stocks, so little money Re: [CANSLIM] quix Re: [CANSLIM] Funds Ownership Re: [CANSLIM] Re: Intro:B. Gregory Fedoriw Re: [CANSLIM] Funds Ownership [CANSLIM] John Adair [CANSLIM] Will rally continue? RE: [CANSLIM] Will rally continue? Re: [CANSLIM] John Adair Re: [CANSLIM] Will rally continue? Re: [CANSLIM] Will rally continue? RE: [CANSLIM] John Adair Re: [CANSLIM] Funds Ownership RE: [CANSLIM] What is a Pivot? RE: [CANSLIM] What is a Pivot? [CANSLIM] Today's Opening Re: [CANSLIM] Today's Opening Re: [CANSLIM] Today's Opening Re: [CANSLIM] CHCS is now CHS and is ready to break out on heavy volume ---------------------------------------------------------------------- Date: Wed, 11 Apr 2001 20:20:06 -0400 From: "Robert McGill" Subject: Re: [CANSLIM] quix Quix looks like it trades to a new high, falls back then to slightly under 50 ema. Next range looks to be 21 to 26. Any ideas who is doing this? - ----- Original Message ----- From: "Tom Worley" To: Sent: Wednesday, April 11, 2001 7:56 PM Subject: Re: [CANSLIM] quix > Funds own 43%, and sales look a little stagnant to me for three > of past 4 qtrs. But then they also looked that way for 1999, and > yet 2000 sales were better. > > For a thinly traded stock with small float and no options, > surprised the volume on a good day did not move it further. > > Tom Worley > stkguru@netside.net > > > ----- Original Message ----- > From: Surindra > To: > Sent: Wednesday, April 11, 2001 1:44 PM > Subject: [CANSLIM] quix > > > QUIX looks like is breaking out on very high volume. I was unable > to find > any major news. rs 95, esp 93, I am not sure about the group as > the company > is involved in making crash cushions for high ways. Comments > welcome. > > Surindra > > > - > -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. - - - -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: Wed, 11 Apr 2001 20:28:22 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] Re: Intro:B. Gregory Fedoriw This is a multi-part message in MIME format. - ------=_NextPart_000_0090_01C0C2C5.F4423760 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Welcome, Gregory, this is a much more friendly place than the Pits. Tom Worley stkguru@netside.net ----- Original Message -----=20 From: B. Gregory Fedoriw=20 To: canslim@xmission.com=20 Sent: Wednesday, April 11, 2001 8:09 PM Subject: [CANSLIM] Re: Intro:B. Gregory Fedoriw As a new member of this discussion group I'd like to introduce myself. My name is Greg Fedoriw. I trade Eurodollar futures on the floor of = the CME. I've been managing my funds,both qualified and unqualified all my life,which lead me to Mr. O'Neil's CANSLIM philosophy. I look = forward to contributing to this group. Sincerely, B. Gregory Fedoriw bohdan@flash.net=20 - ------=_NextPart_000_0090_01C0C2C5.F4423760 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Welcome, Gregory, this is a much more friendly place = than the=20 Pits.
 
Tom Worley
stkguru@netside.net
 
 
----- Original Message -----
From:=20 B. = Gregory=20 Fedoriw
Sent: Wednesday, April 11, 2001 = 8:09=20 PM
Subject: [CANSLIM] Re: Intro:B. = Gregory=20 Fedoriw

As a new member of this discussion group I'd like to introduce=20 myself.
 
My name is Greg Fedoriw. I trade Eurodollar futures on the floor = of the=20 CME. I've been managing my funds,both qualified and unqualified
all my life,which lead me to Mr. O'Neil's CANSLIM = philosophy. I=20 look forward to contributing to this group.
 
Sincerely,
B. Gregory Fedoriw
bohdan@flash.net 
- ------=_NextPart_000_0090_01C0C2C5.F4423760-- - - - -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: Wed, 11 Apr 2001 19:03:45 -0500 From: "John Adair" Subject: RE: [CANSLIM] so many stocks, so little money Position Sizing seems to be the answer to your delima Position Size (P) C=% of your account you are willing to risk on a position. Say you have a trading account of $100,000 and you will risk 1% or $1000.00 R= $1000.00 P(position Size)= C/R Lets purchase Cisco at close today @ 17.4. I use a stop of 2.5 x the ATR (ATR today is 1.63) Therefore 1.63 X 2.5= 4.07. so your stop is placed at 13.33 (17.4-4.07) 1R= 4.07 C/R=P $1000/4.07= 245 shares. If stops are successful your loss will be 1% of your trading account If you choose to use an 8% stop R would be $1.39 ( .08*17.4) Now use 1000/1.39=719 shares of Cisco - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Kent Norman Sent: Tuesday, April 10, 2001 10:00 PM To: CANSLIM Subject: [CANSLIM] so many stocks, so little money so many stocks, so little money feeling good! Kent Norman __________________________________________________ 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: Wed, 11 Apr 2001 20:36:34 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] quix My first suspicion would be funds reducing that large percentage on any rally. Second suspicion would be market makers that are shorting the stock to fill demand at the highs, then covering their short either when it falls back down, or by getting insiders to sell to them cheap if it doesn't. Tom Worley stkguru@netside.net - ----- Original Message ----- From: Robert McGill To: Sent: Wednesday, April 11, 2001 8:20 PM Subject: Re: [CANSLIM] quix Quix looks like it trades to a new high, falls back then to slightly under 50 ema. Next range looks to be 21 to 26. Any ideas who is doing this? - ----- Original Message ----- From: "Tom Worley" To: Sent: Wednesday, April 11, 2001 7:56 PM Subject: Re: [CANSLIM] quix > Funds own 43%, and sales look a little stagnant to me for three > of past 4 qtrs. But then they also looked that way for 1999, and > yet 2000 sales were better. > > For a thinly traded stock with small float and no options, > surprised the volume on a good day did not move it further. > > Tom Worley > stkguru@netside.net > > > ----- Original Message ----- > From: Surindra > To: > Sent: Wednesday, April 11, 2001 1:44 PM > Subject: [CANSLIM] quix > > > QUIX looks like is breaking out on very high volume. I was unable > to find > any major news. rs 95, esp 93, I am not sure about the group as > the company > is involved in making crash cushions for high ways. Comments > welcome. > > Surindra > > > - > -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. - - - -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: Wed, 11 Apr 2001 20:32:39 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] Funds Ownership I checked my 1st Edition (revised, wish it was the original!) and did not find specific nrs mentions, other than regarding the nr of institutional representation needed. I would be interested in hearing from someone who has picked up the new HTMMIS, and whether there is anything specific in it. Because WON shifted over to big cap stocks so much in the past few years, I suspect his standards have gone up quite a ways. Tom Worley stkguru@netside.net - ----- Original Message ----- From: Mike Lucero To: Sent: Wednesday, April 11, 2001 7:53 PM Subject: Re: [CANSLIM] Funds Ownership I just looked and didn't see it in HTMMIS either. I forget exactly where I've gotten these numbers: the IBD workshop or TradingMarkets.com. Anyway, I believe the best range to buy is 5-20%, and the max is 30%. Above 40% you should be looking to sell. Mike - ----- Original Message ----- From: "esetser" To: Sent: Wednesday, April 11, 2001 3:50 PM Subject: [CANSLIM] Funds Ownership > Several recent posts have reminded me about WON's suggestion on limiting > fund ownership. This hasn't been something I've used directly, since it > was not available in IBD. Now that I'm paying for DGO, maybe I should > reconsider using this as a secondary consideration for purchase decisions. > > So, I decided to pull out my copy of HTMMIS, and review exactly what the > guidelines are. Hmm, I can't find it!! I guessed I've misplaced it in > this mess I call an office. Could someone take a minute and refresh me on > the suggested minimum and maximum fund ownership suggested by WON in > HTMMIS. Thanks. > > I don't see any reference to this limit in the 26 week investing course. > > - > -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. - - - -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: Wed, 11 Apr 2001 17:48:55 -0700 From: "B. Gregory Fedoriw" Subject: Re: [CANSLIM] Re: Intro:B. Gregory Fedoriw This is a multi-part message in MIME format. - ------=_NextPart_000_0158_01C0C2AF.ADDBC360 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Thank You. I'm looking forward to this. :)- ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, April 11, 2001 5:28 PM Subject: Re: [CANSLIM] Re: Intro:B. Gregory Fedoriw Welcome, Gregory, this is a much more friendly place than the Pits. Tom Worley stkguru@netside.net ----- Original Message -----=20 From: B. Gregory Fedoriw=20 To: canslim@xmission.com=20 Sent: Wednesday, April 11, 2001 8:09 PM Subject: [CANSLIM] Re: Intro:B. Gregory Fedoriw As a new member of this discussion group I'd like to introduce = myself. My name is Greg Fedoriw. I trade Eurodollar futures on the floor of = the CME. I've been managing my funds,both qualified and unqualified all my life,which lead me to Mr. O'Neil's CANSLIM philosophy. I look = forward to contributing to this group. Sincerely, B. Gregory Fedoriw bohdan@flash.net=20 - ------=_NextPart_000_0158_01C0C2AF.ADDBC360 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Thank You. I'm looking forward to this.  :)-
 
 
 
 
----- Original Message -----
From:=20 Tom = Worley=20
To: canslim@lists.xmission.com =
Sent: Wednesday, April 11, 2001 = 5:28=20 PM
Subject: Re: [CANSLIM] Re: = Intro:B.=20 Gregory Fedoriw

Welcome, Gregory, this is a much more friendly = place than=20 the Pits.
 
Tom Worley
stkguru@netside.net
 
 
----- Original Message -----
From:=20 B. = Gregory=20 Fedoriw
To: canslim@xmission.com
Sent: Wednesday, April 11, = 2001 8:09=20 PM
Subject: [CANSLIM] Re: = Intro:B. Gregory=20 Fedoriw

As a new member of this discussion group I'd like to introduce=20 myself.
 
My name is Greg Fedoriw. I trade Eurodollar futures on the = floor of the=20 CME. I've been managing my funds,both qualified and = unqualified
all my life,which lead me to Mr. O'Neil's CANSLIM=20 philosophy. I look forward to contributing to this group.
 
Sincerely,
B. Gregory Fedoriw
bohdan@flash.net 
- ------=_NextPart_000_0158_01C0C2AF.ADDBC360-- - - - -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: Wed, 11 Apr 2001 21:11:45 EDT From: Spencer48@aol.com Subject: Re: [CANSLIM] Funds Ownership esetser: I got this from the IBD Web Page (Directory->Lessons on Buying->sponsorship): "In general, a stock should be owned by at least a few institutions. Some investors may feel tempted to go with a small, obscure stock in hopes that Wall Street will discover it and send it to the stratosphere. But that rarely happens. You're much better off concentrating on stocks the top-performing institutions are already buying. Signs of new institutional buying emerge all the time, so it's important to watch for sponsorship changes every day" I couldn't find any percent of min and max. However in HTMMIS on page 39 under the section, "Is It Overowned by Institutions", it says that, "A stock can also have too much sponsorship and become overowned..... Excessive ownership can be adverse since it merely represents large potential selling if anything goes wrong in the company or the general market." Also, 3 paragraphs above, it says: "If a stock has no professional sponsorship, chances are that its performance will be ... run of the mill. The odds are that... the more than 1000 institutional investors looked at the stock and passed it over. Even if they are wrong, it still takes large buying to stimulate an important price increase in a security." In a message dated 4/11/2001 6:51:20 PM Eastern Daylight Time, esetser@covad.net writes: << Subj: [CANSLIM] Funds Ownership Date: 4/11/2001 6:51:20 PM Eastern Daylight Time From: esetser@covad.net (esetser) Sender: owner-canslim@lists.xmission.com Reply-to: canslim@lists.xmission.com To: canslim@xmission.com Several recent posts have reminded me about WON's suggestion on limiting fund ownership. This hasn't been something I've used directly, since it was not available in IBD. Now that I'm paying for DGO, maybe I should reconsider using this as a secondary consideration for purchase decisions. So, I decided to pull out my copy of HTMMIS, and review exactly what the guidelines are. Hmm, I can't find it!! I guessed I've misplaced it in this mess I call an office. Could someone take a minute and refresh me on the suggested minimum and maximum fund ownership suggested by WON in HTMMIS. Thanks. I don't see any reference to this limit in the 26 week investing course. >> - - - -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: Wed, 11 Apr 2001 21:46:43 -0400 From: "Robert McGill" Subject: [CANSLIM] John Adair ATR=1.63? What is atr? - - - -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: Wed, 11 Apr 2001 21:54:19 -0400 From: "Robert McGill" Subject: [CANSLIM] Will rally continue? Just looking at a couple big cap techs, csco, chkp, it seems they opened and closed at their lows? Does this mean the rally was short-lived? - - - -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: Wed, 11 Apr 2001 21:02:57 -0500 From: Pritish.M.Shah@mail.sprint.com Subject: RE: [CANSLIM] Will rally continue? - --openmail-part-2e7e31c0-00000001 Content-Type: text/plain; charset=US-ASCII Content-Disposition: inline ;Creation-Date="Wed, 11 Apr 2001 21:02:57 -0500" Content-Transfer-Encoding: 7bit I believe today to be a distribution day. This is because it opened higher and closed lower. IBD had once mentioned such a day with higher volume as being a distribution day. Regards, Pritish - -----Original Message----- From: bmcgillatlcom.ne [SMTP:bmcgillatlcom.ne@mindspring.com] Sent: Wednesday, April 11, 2001 9:54 PM To: canslim Subject: [CANSLIM] Will rally continue? Just looking at a couple big cap techs, csco, chkp, it seems they opened and closed at their lows? Does this mean the rally was short-lived? - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. - --openmail-part-2e7e31c0-00000001-- - - - -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: Wed, 11 Apr 2001 19:37:22 -0700 From: Dan Subject: Re: [CANSLIM] John Adair A decent discussion of ATR can be found at: http://traderclub.com/cgi-bin/discus/show.cgi?107/107 beginning at Bulletin 10 Robert McGill wrote: > ATR=1.63? What is atr? > > - > -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: Wed, 11 Apr 2001 22:44:50 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] Will rally continue? I guess I don't understand your question, Robert. CSCO closed today up 1.54 at 17.40. That's a one day gain of 9.7%, hardly a close at its low, either intraday or of recent days (it closed 13.62 on 4/6, so that's a recovery of nearly 28% in 3 trading days). CHKP closed up 4.17 today, a 7.2% gain for the day and 49% up since 4/3. I would not be embarrassed by these gains in a week, give or take a day or so. Tom Worley stkguru@netside.net - ----- Original Message ----- From: Robert McGill To: Sent: Wednesday, April 11, 2001 9:54 PM Subject: [CANSLIM] Will rally continue? Just looking at a couple big cap techs, csco, chkp, it seems they opened and closed at their lows? Does this mean the rally was short-lived? - - - -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: Wed, 11 Apr 2001 22:48:51 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] Will rally continue? You must be only looking at the DOW, S&P 500, and/or NYSE Composite. Certainly you could not have looked at the Naz index, and said this. Tom Worley stkguru@netside.net - ----- Original Message ----- From: To: Sent: Wednesday, April 11, 2001 10:02 PM Subject: RE: [CANSLIM] Will rally continue? I believe today to be a distribution day. This is because it opened higher and closed lower. IBD had once mentioned such a day with higher volume as being a distribution day. Regards, Pritish - -----Original Message----- From: bmcgillatlcom.ne [SMTP:bmcgillatlcom.ne@mindspring.com] Sent: Wednesday, April 11, 2001 9:54 PM To: canslim Subject: [CANSLIM] Will rally continue? Just looking at a couple big cap techs, csco, chkp, it seems they opened and closed at their lows? Does this mean the rally was short-lived? - - - -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: Wed, 11 Apr 2001 21:53:15 -0500 From: "John Adair" Subject: RE: [CANSLIM] John Adair ATR is the average true range of a stock. It is a stock indicator of metastock. It is used as a loose stop on a volatile stock which will give you slack for a volatile market in this case the average movement of Cisco is $1.63 so I subtracted $1.63 from today's close and placed a stop there if I get it at todays close price) - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Dan Sent: Wednesday, April 11, 2001 9:37 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] John Adair A decent discussion of ATR can be found at: http://traderclub.com/cgi-bin/discus/show.cgi?107/107 beginning at Bulletin 10 Robert McGill wrote: > ATR=1.63? What is atr? > > - > -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. - - - -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: Wed, 11 Apr 2001 21:41:01 -0700 From: DougC Subject: Re: [CANSLIM] Funds Ownership It's Mark Boucher at TM who uses max. 16% fund ownership as one of the parameters he looks at when picking stocks. He also says to start unloading when it hits 40%. Someone posted here, I believe it was Steve Limbert around 03/31, that in a WON workship he claimed to prefer Fund ownership of under 5%. But that may have been from 10 or more years ago. I know that WON in the past few years has favored higher cap stocks which naturally had higher fund ownership. But I think that was a function of the ultra strong market conditions. That was up until March 00. From there on high fund ownership was a good condition for shorting stocks. 3 PM 4/11/01 -0700, you wrote: >I just looked and didn't see it in HTMMIS either. I forget exactly where >I've gotten these numbers: the IBD workshop or TradingMarkets.com. Anyway, I >believe the best range to buy is 5-20%, and the max is 30%. Above 40% you >should be looking to sell. > >Mike >----- Original Message ----- >From: "esetser" >To: >Sent: Wednesday, April 11, 2001 3:50 PM >Subject: [CANSLIM] Funds Ownership > > > > Several recent posts have reminded me about WON's suggestion on limiting > > fund ownership. This hasn't been something I've used directly, since it > > was not available in IBD. Now that I'm paying for DGO, maybe I should > > reconsider using this as a secondary consideration for purchase decisions. > > > > So, I decided to pull out my copy of HTMMIS, and review exactly what the > > guidelines are. Hmm, I can't find it!! I guessed I've misplaced it in > > this mess I call an office. Could someone take a minute and refresh me on > > the suggested minimum and maximum fund ownership suggested by WON in > > HTMMIS. Thanks. > > > > I don't see any reference to this limit in the 26 week investing course. > > > > - > > -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. Doug Chiurato dzc@qwest.net - - - -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: Thu, 12 Apr 2001 08:40:31 -0400 From: "Rick Parsons" Subject: RE: [CANSLIM] What is a Pivot? This is a multi-part message in MIME format. - ------=_NextPart_000_0000_01C0C32C.3C4B0260 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable nycbWould someone remind me what a pivot is? Or where I can go to find = the definiton. Thanks, Rick - ------=_NextPart_000_0000_01C0C32C.3C4B0260 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable nycb
Would someone remind me what a pivot is?  Or where = I can go=20 to find the definiton.
 
Thanks,
Rick
- ------=_NextPart_000_0000_01C0C32C.3C4B0260-- - - - -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: Thu, 12 Apr 2001 08:59:38 -0400 From: Surindra Subject: RE: [CANSLIM] What is a Pivot? This is a multi-part message in MIME format. - ------=_NextPart_000_0033_01C0C32E.E73E36E0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: 7bit nycb Pivot Point (or Buy Point)Optimal buy point of a stock as it emerges from a sound and proper basing area or chart pattern (the most common of which include the 'cup with handle,' 'flat base' and 'double bottom') and breaks out into a new high in price. This is the point of least resistance and has shown, through William J. O'Neil's research, to have the greatest chance of moving substantially higher based on its current and historical price and volume activity. -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Rick Parsons Sent: Thursday, April 12, 2001 8:41 AM To: canslim@lists.xmission.com Subject: RE: [CANSLIM] What is a Pivot? Would someone remind me what a pivot is? Or where I can go to find the definiton. Thanks, Rick - ------=_NextPart_000_0033_01C0C32E.E73E36E0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable nycb
 Pivot Point (or Buy Point)Optimal buy = point of a=20 stock as it emerges from a sound and proper basing area or chart pattern = (the=20 most common of which include the 'cup with handle,' 'flat base' and = 'double=20 bottom') and breaks out into a new high in price. This is the point of = least=20 resistance and has shown, through William J. O'Neil's research, to have = the=20 greatest chance of moving substantially higher based on its current and=20 historical price and volume activity.
-----Original Message-----
From:=20 owner-canslim@lists.xmission.com=20 [mailto:owner-canslim@lists.xmission.com]On Behalf Of Rick=20 Parsons
Sent: Thursday, April 12, 2001 8:41 AM
To: = canslim@lists.xmission.com
Subject: RE: [CANSLIM] What is a=20 Pivot?

Would someone remind me what a pivot is?  Or = where I can=20 go to find the definiton.
 
Thanks,
Rick
- ------=_NextPart_000_0033_01C0C32E.E73E36E0-- - - - -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: Thu, 12 Apr 2001 09:04:32 -0400 From: "Tom Worley" Subject: [CANSLIM] Today's Opening This is a multi-part message in MIME format. - ------=_NextPart_000_004E_01C0C32F.9745FF00 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Retail Sales fell, and below expectations PPI fell, also below expectations Core PPI up 0.1%, below expectations of up 0.2% New Jobless Claims rose, and higher than expectations Futures jumped on the news from essentially flat to up 1.5% on Naz, now = back to even flatter than before. Going to be a confused opening at this rate, economy is even worse than = expected, but the Feds now have more leeway, and motivation, for a rate = cut before the next meeting. Conflicting dynamics. Now looks like futures heading south a little, guess the fear quotient = of a Recession stronger for the moment than hopes for a quick Fed rate = cut. Tom Worley stkguru@netside.net - ------=_NextPart_000_004E_01C0C32F.9745FF00 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Retail Sales fell, and below = expectations
 
PPI fell, also below expectations
 
Core PPI up 0.1%, below expectations of up = 0.2%
 
New Jobless Claims rose, and higher than=20 expectations
 
Futures jumped on the news from essentially flat to = up 1.5% on=20 Naz, now back to even flatter than before.
 
Going to be a confused opening at this rate, economy = is even=20 worse than expected, but the Feds now have more leeway, and motivation, = for a=20 rate cut before the next meeting. Conflicting dynamics.
 
Now looks like futures heading south a little, guess = the fear=20 quotient of a Recession stronger for the moment than hopes for a quick = Fed rate=20 cut.
 
Tom Worley
stkguru@netside.net
 
 
- ------=_NextPart_000_004E_01C0C32F.9745FF00-- - - - -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: Thu, 12 Apr 2001 06:19:13 -0700 (PDT) From: Kent Norman Subject: Re: [CANSLIM] Today's Opening I am glad to see conflict. Some indicators turn sooner than others. Conflict can indicate change in trend. Thanks Kent Norman - --- Tom Worley wrote: > Retail Sales fell, and below expectations > > Going to be a confused opening at this rate, economy > is even worse than expected, but the Feds now have > more leeway, and motivation, for a rate cut before > the next meeting. Conflicting dynamics. > __________________________________________________ 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: Thu, 12 Apr 2001 09:31:57 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] Today's Opening yeah, except now futures on Naz suggest about a 2.5% gap down on the opening. Techs have been strong past few days, won't help if they falter now. Tom Worley stkguru@netside.net - ----- Original Message ----- From: Kent Norman To: Sent: Thursday, April 12, 2001 9:19 AM Subject: Re: [CANSLIM] Today's Opening I am glad to see conflict. Some indicators turn sooner than others. Conflict can indicate change in trend. Thanks Kent Norman - --- Tom Worley wrote: > Retail Sales fell, and below expectations > > Going to be a confused opening at this rate, economy > is even worse than expected, but the Feds now have > more leeway, and motivation, for a rate cut before > the next meeting. Conflicting dynamics. > __________________________________________________ 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: Thu, 12 Apr 2001 07:40:00 -0600 From: esetser Subject: Re: [CANSLIM] CHCS is now CHS and is ready to break out on heavy volume I also agree on this one (CHS) right now. I don't like the chart as is enough to buy on a cup with no handle breakout. Looking at DGO, it's high in November was 43.50. What would you opinions be if it formed a nicely downward sloping handle on lower volume starting at this level and then broke out on high volume? I am still watching this one, and would consider it if a good handle formed at this point. At 07:42 PM 4/11/01 -0400, you wrote: >Steve, > >I counted back 13 weeks (usually that's too long for a basing >action, anyway) and see no base. In those 13 weeks, it traded >from 31.38 to 41.88 (over 30% move) then back to 31.75, and as of >4/10 to 39.02, up 2.01 for the day. I agree with Tim, I see >nothing on this chart to motivate me to watch, much less buy, >even in good "M". > >Tom Worley >stkguru@netside.net > > >----- Original Message ----- >From: Steve Porter >To: >Sent: Wednesday, April 11, 2001 10:55 AM >Subject: [CANSLIM] CHCS is now CHS and is ready to break out on >heavy volume > > >Looks like nice chart, 13 week base, 4 week handle, >good news today, up over 50% sales from last year, >instore over 20% > >99 99 95 A A C > >Caution on ticker change make sure you get up to date >info... > > >Thoughts? > >__________________________________________________ >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. > > - - - -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 #1269 ****************************** 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.