From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #1417 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, May 30 2001 Volume 02 : Number 1417 In this issue: Re: [CANSLIM] What's up with CHIC? Re: [CANSLIM] Camslim[indicator Discussion} Re: [CANSLIM] new leaders DGO Upgrade (was Re: [CANSLIM] new leaders) Re: [CANSLIM] Camslim[indicator Discussion} Re: [CANSLIM] FRX Re: [CANSLIM] Camslim[indicator Discussion} Re: [CANSLIM] FRX Re: [CANSLIM] Camslim[indicator Discussion} Re: [CANSLIM] My Leader's List - ACF comments Re: [CANSLIM] TUTR Re: [CANSLIM] IPO date website? Re: [CANSLIM] My Leader's List - ACF comments [CANSLIM] climax top? RE: [CANSLIM] What's up with APL...not APO (was CHIC)? Re: [CANSLIM] new leaders Re: [CANSLIM] climax top? Re: [CANSLIM] What's up with APL...not APO (was CHIC)? Re: [CANSLIM] climax top? RE: [CANSLIM] What's up with CHIC? ---------------------------------------------------------------------- Date: Wed, 30 May 2001 00:04:35 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] What's up with CHIC? Hi Doug, I first picked up the 15% trailing stop concept from an interview WON did for Registered Rep, a magazine for stock brokers. In HTMMIS, I think he does talk about moving your entry point stop up to the entry point once you are up 15%. And the "hold if you are up 20%" time period used to be 8 weeks, don't know if he may have shortened it in recent years. Tom Worley stkguru@netside.net AIM: TexWorley - ----- Original Message ----- From: Doug Shannon To: Sent: Tuesday, May 29, 2001 6:07 PM Subject: RE: [CANSLIM] What's up with CHIC? Tom, I'm new to canslim but am trying to follow the rules exactly as stated by WON in his books, advanced seminars, and IBD learning center. Does WON specifically talk about trailing stops after a 15% move above the pivot? All I can remember is selling it if it goes up 20%+ taking longer than 4 weeks and keeping it if it goes up 20%+ in less than 4 weeks. I don't remember any mention of trailing stops. That diffently would have helped with CHIC. Thanks, Doug Tom wrote: Doug and Danny, I realize that hindsight is always 20-20, and it's easier to procrastinate when I don't have real money on the table, but I must ask why you were not using a trailing stop? Congrats on getting in at the pivot, I would agree that under 32 was a good entry. But after it had moved up to nearly 40, you clearly were ahead by over 15%, and could have applied a mental or hard stop. That should have taken you out on 5/22, with at least a small profit, instead of being stopped out for a loss. As for "M", I would say that this is anything but a raging bull, more like a mewing newborn calf, still trying to make its mark on the world. Tom Worley stkguru@netside.net AIM: TexWorley - - - -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, 30 May 2001 00:33:17 EDT From: Spencer48@aol.com Subject: Re: [CANSLIM] Camslim[indicator Discussion} Earl, et al: Personally, I don't think anyone would object to discussing technical indicators as a means of timing the CANSLIM strategy. Tom has said that he has successfully used MACD to time his CANSLIM buys (and-I imagine-sells). Perhaps, WON doesn't mention them because he fears that the unsophisticated might aim them at other than a CANSLIM universe of stocks. jans In a message dated 5/29/2001 9:54:32 PM Eastern Daylight Time, esetser@covad.net writes: << Maybe it's time to ask this differently. Who objects to these discussions being held in the group? I don't see them a definitively OT unless the overall volume gets really large. At 01:11 PM 5/29/01 -0400, you wrote: > I think if enough people want in (more than 50%?), we should just >discuss indicators as part of the basic CANSLIM discussion group. >> - - - -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, 30 May 2001 00:55:21 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] new leaders Sorry, you're right. That's the trouble with trying to read my mind when I don't type it out as well! If you click on Reports in DGO, and select Index to Printed Products, you will get the index to the books. This report has two floater columns that change daily, the schedule is listed on DGO Info for You button. If you click on any column header of this report, or any of the reports, it will do a sort by that column. The floater columns on Friday have the industry group listed, so if you use that report, you can sort by industry group, then scroll thru the list for the group you want without having to type the symbols. Tom Worley stkguru@netside.net AIM: TexWorley - ----- Original Message ----- From: To: Sent: Tuesday, May 29, 2001 11:57 PM Subject: Re: [CANSLIM] new leaders Tom: I'm not quite certain what you mean? I get the DG books and DGO both. You say that Friday's index to the books that includes the industry group. "Then", you add, "you click on the header, and it will sort the index by industry group." I don't understand the procedcure of how you can click on an index in DGO, and get an industry group. Click on what "header" of which index, and it will sort what "industry group"? jans In a message dated 5/29/2001 10:11:37 AM Eastern Daylight Time, stkguru@netside.net writes: << I think it is Friday's index to the books that includes the industry group. You can use that list without having to go to Excel, just click on the header and it will sort the index by industry group. Then scroll down to the group you want to review, select the first stock, and minimize the list. Now you can scroll thru the list from there by hitting either the space bar or the down arrow, then hitting Enter. >> - - - -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, 30 May 2001 00:44:08 -0400 From: "Tom Worley" Subject: DGO Upgrade (was Re: [CANSLIM] new leaders) Hi Jonathan, I looked back thru some old email, and see that in August they talked about a major upgrade that would add weekly charts. At that time, they expected to start beta testing (available only to current subscribers) with the full service at the end of the year. Obviously, they didn't meet that time frame. I had another email, which apparently I did not save, that indicated an upgrade this summer. Tom Worley stkguru@netside.net AIM: TexWorley - ----- Original Message ----- From: Jonathan Lien To: Sent: Tuesday, May 29, 2001 10:59 PM Subject: RE: [CANSLIM] new leaders Tom, When is the next major upgrade. I believe DGO is way overdue for an upgrade. Thanks, Jonathan - - - -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: Tue, 29 May 2001 22:29:28 -0700 From: "Bill Triffet" Subject: Re: [CANSLIM] Camslim[indicator Discussion} I think it's fair to say it's a hot topic. Actually, it was I that started up the topic of indicators as being non-canslim. I had only thought it was important to note that for the newcommers, MACD is not a WON topic. I also now see by the replys of the regulars here, using this and other indicators is a very important part of stock selection. Perhaps it's due to the availability of these tools on the net now - somthing that only the privaliged had back when HTMMIS was first published. So, if you ask my opinion...lets include it! - -Bill Triffet - ----- Original Message ----- From: "esetser" To: Sent: Tuesday, May 29, 2001 6:54 PM Subject: RE: [CANSLIM] Camslim[indicator Discussion} > Maybe it's time to ask this differently. Who objects to these discussions > being held in the group? I don't see them a definitively OT unless the > overall volume gets really large. - - - -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: Tue, 29 May 2001 22:24:27 -0700 From: "Perry Stanfield" Subject: Re: [CANSLIM] FRX Tom and jans, Thanks for the input. Tom instilled enough doubt into me that I decided to remove my buy order 5 minutes before the bell this morning. During my logon to sell, my computer locked up, and I was too late, so I own FRX today. For the day I was up 2.75% on 130% volume; what a switch for me. Anyway thanks again for the help........be sure I'll be watching it closely. Perry - - - -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: Tue, 29 May 2001 22:28:09 -0700 From: "Perry Stanfield" Subject: Re: [CANSLIM] Camslim[indicator Discussion} My vote is to include such talks; I have no problem with them.....if I don't like them, I'll ignore them; I have room on my hard drive. Perry - - - -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, 30 May 2001 01:57:23 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] FRX Wish my negativism worked that well for everyone. Then I could be a TI. Tom Worley stkguru@netside.net AIM: TexWorley - ----- Original Message ----- From: Perry Stanfield To: Sent: Wednesday, May 30, 2001 1:24 AM Subject: Re: [CANSLIM] FRX Tom and jans, Thanks for the input. Tom instilled enough doubt into me that I decided to remove my buy order 5 minutes before the bell this morning. During my logon to sell, my computer locked up, and I was too late, so I own FRX today. For the day I was up 2.75% on 130% volume; what a switch for me. Anyway thanks again for the help........be sure I'll be watching it closely. Perry - - - -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, 30 May 2001 01:55:13 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] Camslim[indicator Discussion} Actually, Bill, I would object if this forum turned into a discussion on using technical indicators as a means of "selecting" stocks as that's what CANSLIM is for. But when time permits me to practice my full discipline, I do very much use TI for timing of buys and sells, and resolving decisions on whether to hold. I have always had trouble with timing, either I am too impulsive and rush in, or I hesitate and wait for that "perfect" point. TI (or TA, Technical Analysis) has served me well in that regard, giving me an objective yardstick and helping me minimize the "emotion" factor. But the stock under consideration first and foremost is evaluated according to CANSLIM. Tom Worley stkguru@netside.net AIM: TexWorley - ----- Original Message ----- From: Bill Triffet To: Sent: Wednesday, May 30, 2001 1:29 AM Subject: Re: [CANSLIM] Camslim[indicator Discussion} I think it's fair to say it's a hot topic. Actually, it was I that started up the topic of indicators as being non-canslim. I had only thought it was important to note that for the newcommers, MACD is not a WON topic. I also now see by the replys of the regulars here, using this and other indicators is a very important part of stock selection. Perhaps it's due to the availability of these tools on the net now - somthing that only the privaliged had back when HTMMIS was first published. So, if you ask my opinion...lets include it! - -Bill Triffet - ----- Original Message ----- From: "esetser" To: Sent: Tuesday, May 29, 2001 6:54 PM Subject: RE: [CANSLIM] Camslim[indicator Discussion} > Maybe it's time to ask this differently. Who objects to these discussions > being held in the group? I don't see them a definitively OT unless the > overall volume gets really large. - - - -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, 30 May 2001 02:13:35 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] My Leader's List - ACF comments Hi Earl, On those occasions where I do not make my entire purchase in one swipe, I tend to buy half a position, then later add first 30% then 20%, usually measured in nr of shares, altho sometimes in money amounts. On ACF, I would agree, this is a higher risk area for a new entry. Everything looks very good to me on this stock fundamentally and chart wise, where I would be concerned comes from non-CANSLIM reasons, my view of present economics. While ACF's sales are growing rapidly, new car sales have been declining. Consumers, while still spending, have shown a reluctance to spend on big ticket items, and that means cars and homes. ACF makes its money from purchasing and servicing car loans. The servicing may continue to grow, but they could find themselves on the wrong side of the interest curve on the loans they purchase as lower rates allow car owners the chance to refinance an existing loan. I have seen this in REITs in past Fed rate cutting cycles, and see little reason to think it could not happen here as well. I am already seeing this in the GNMAs and other US govt agency home mortgage backed bonds we buy for our customers. Many purchased just a year or two ago are already being called in full because they have been so heavily amortized on principal by early repayment (presumably due refinancing). Tom Worley stkguru@netside.net AIM: TexWorley - ----- Original Message ----- From: esetser To: Sent: Tuesday, May 29, 2001 11:49 PM Subject: Re: [CANSLIM] My Leader's List - ACF comments I am watching ACF closely for an opp to add some more shares. I have very little experience in adding shares, but this is one that I feel I should consider some new ones. I feel a nice low volume handle at this point gives that opp, and I am considering adding some at this point. (I haven't really decided yet tho.) However, to be clear, I don't see the present ACF chart as a good initial CANSLIM entry. I would consider it extended for new buy purposes. I will also limit my new purchase to a relatively small amount compared to what I own not. I would consider maybe 20-25% additionnal stock. Does anyone have suggestions on a good way or time to add to a successful position, and how much they add at that point? At 11:23 PM 5/29/01 EDT, you wrote: >Earl: > > Fundamentally, ACF is CANSLIM, I believe, with very nice projected >earnings. I know its LLUR form is not CANSLIM; however, if it forms a base >here (I assume it's not going to retract into a CUP), don't you believe that >it would be a good time to add shares-assuming it BO from its new base? > >jans > > > >In a message dated 5/28/2001 12:17:50 AM Eastern Daylight Time, >esetser@covad.net writes: > ><< As a holding, I'm very happy with the stock. It has been stair-stepping up > with most of the larger volume days moving up nicely. It has also pulled > back a couple of times, but only for a few days, and generally on lower > volume. > > As a new purchase, I would consider ACF too extended to pick up as a > CANSLIM purchase right now. >> > >- >-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, 30 May 2001 02:21:38 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] TUTR Sorry, jans, I never advanced enough to get to counting bases, or letting that influence my perspective. To me, it's simply LLUR, with bounces off the 50 DMA. A strong stock will defy all the rules, including how many bases it's good for. From my experience, a LLUR is unpredictable in that there is no forecastable upper limit to its price. You know when it has topped, at least momentarily, when it tops. That is the risk of it. And why you need to exit quickly when it changes its pattern (up or down). Tom Worley stkguru@netside.net AIM: TexWorley - ----- Original Message ----- From: To: Sent: Tuesday, May 29, 2001 10:54 PM Subject: Re: [CANSLIM] TUTR Tom: Wouldn't you categorize TARO as in a 4th stage base? jans In a message dated 5/27/2001 9:45:26 PM Eastern Daylight Time, stkguru@netside.net writes: << TARO - I would prefer to buy it closer to the 50 DMA, and especially not after a sharp rebound like Friday's >> - - - -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, 30 May 2001 03:06:50 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] IPO date website? This is a multi-part message in MIME format. - ------=_NextPart_000_008F_01C0E8B5.92B47B00 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable RE: [CANSLIM] IPO date website?Chris, I would not give too much = importance on the eight years since IPO. Since you are not concerned = with a precise date, I would think, just punch up a ten year chart at = any site (I tried BigCharts), and see if it was trading 8 years ago or = less. But I wouldn't allow myself to avoid a stock just because it was = publicly traded 9 or 10 years ago. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Dempsey, Chris=20 To: 'canslim@lists.xmission.com'=20 Sent: Tuesday, May 29, 2001 11:18 PM Subject: RE: [CANSLIM] IPO date website? Yes I did and was not able to find any dates. Maybe I am not looking = deep enough.=20 What I would like to do is take my watch list and add the IPO date to = it. I would like to do this because WON says that the best price action = is in the first eight years. I (think I) would like to make sure that a = high % of my watch list and buys are eight years or less. Has anyone = else done this? -----Original Message-----=20 From: Kent Norman [mailto:kent_norman@yahoo.com]=20 Sent: Tuesday, May 29, 2001 10:10 PM=20 To: canslim@lists.xmission.com=20 Subject: RE: [CANSLIM] IPO date website?=20 have you looked at www.ipocentral.com=20 regards=20 Kent norman=20 --- "Dempsey, Chris"=20 wrote:=20 > Thanks,=20 > I have a hard time believing there isn't a web site=20 > with IPO initial dates,=20 > but I haven't found one either.=20 >=20 > -----Original Message-----=20 > From: Kraus0R@cs.com [mailto:Kraus0R@cs.com]=20 > Sent: Monday, May 28, 2001 6:24 PM=20 > To: canslim@lists.xmission.com=20 > Subject: Re: [CANSLIM] IPO date website?=20 >=20 >=20 > Short of actually finding the beginning of its=20 > chart, I don't know off-hand.=20 >=20 > However, www.10kwizard.com is a great site to get=20 > its initial registration=20 > filing and other filings as well.=20 >=20 > Roger=20 - ------=_NextPart_000_008F_01C0E8B5.92B47B00 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable RE: [CANSLIM] IPO date website?
Chris, I would not give too much importance on the = eight years=20 since IPO. Since you are not concerned with a precise date, I would = think, just=20 punch up a ten year chart at any site (I tried BigCharts), and see if it = was=20 trading 8 years ago or less. But I wouldn't allow myself to avoid a = stock just=20 because it was publicly traded 9 or 10 years ago.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Dempsey, Chris
To: 'canslim@lists.xmission.com' =
Sent: Tuesday, May 29, 2001 = 11:18=20 PM
Subject: RE: [CANSLIM] IPO date = website?

Yes I did and was not able to find any dates. Maybe = I am not=20 looking deep enough.

What I would like to do is take my watch list and = add the IPO=20 date to it. I would like to do this because WON says that the best = price=20 action is in the first eight years. I (think I) would like to make = sure that a=20 high % of my watch list and buys are eight years or less. Has anyone = else done=20 this?

-----Original Message-----
From: Kent=20 Norman [mailto:kent_norman@yahoo.com]=20
Sent: Tuesday, May 29, 2001 10:10 PM =
To: canslim@lists.xmission.com
Subject: RE:=20 [CANSLIM] IPO date website?


have you looked at www.ipocentral.com

regards
Kent norman =

--- "Dempsey, Chris"
<cdempsey@houston.oilfield.slb.com> wrote: =
> Thanks,
> I have a hard = time believing=20 there isn't a web site
> with IPO initial = dates,
> but I haven't found one = either.=20
>
> -----Original=20 Message-----
> From: Kraus0R@cs.com [mailto:Kraus0R@cs.com] =
> Sent: Monday, May 28, 2001 6:24 PM
>=20 To: canslim@lists.xmission.com
> Subject: = Re:=20 [CANSLIM] IPO date website?
> =
>
> Short of actually finding = the=20 beginning of its
> chart, I don't know=20 off-hand.
>
> However,=20 www.10kwizard.com is a great site to get
> its=20 initial registration
> filing and other = filings as=20 well.
>
> = Roger=20

- ------=_NextPart_000_008F_01C0E8B5.92B47B00-- - - - -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, 30 May 2001 06:37:14 -0500 From: "David Squires" Subject: Re: [CANSLIM] My Leader's List - ACF comments >>Does anyone have suggestions on a good way or time to add to a successful position, and how much they add at that point?<< At/near the pivot: Buy 1/2 your position at the pivot point or a break in the handle's midpoint if volume is coming in. Buy another 1/3 once the stock is in your favor 2-3%. Buy the final shares one of two ways. If the stock closes near the high of the day add the final part MOC. Or hold back the final part for a pivot point test or a pullback to the 20 or 50 day MA's. Use normal 5-8% stop here. BTW, if the stock move against you after this it is good to sell 1/2 your position on base reentry to keep your average loss smaller. After the breakout and stock looking good (i.e. IGT) If you believe you have caught a true leadership stock like an AMGN or QCOM et al. average up with a 20-30% position. Do this at pullbacks to the 50 day MA or breakouts of short consolidations. Use a tight 3-5% stop on these adds. If the stock builds a whole new base buy another 1/2 position and use a normal stop on that add. DSquires - ----- Original Message ----- From: "esetser" To: Sent: Tuesday, May 29, 2001 10:49 PM Subject: Re: [CANSLIM] My Leader's List - ACF comments > I am watching ACF closely for an opp to add some more shares. I have very > little experience in adding shares, but this is one that I feel I should > consider some new ones. I feel a nice low volume handle at this point > gives that opp, and I am considering adding some at this point. (I haven't > really decided yet tho.) > > However, to be clear, I don't see the present ACF chart as a good initial > CANSLIM entry. I would consider it extended for new buy purposes. I will > also limit my new purchase to a relatively small amount compared to what I > own not. I would consider maybe 20-25% additionnal stock. > > Does anyone have suggestions on a good way or time to add to a successful > position, and how much they add at that point? > > At 11:23 PM 5/29/01 EDT, you wrote: > >Earl: > > > > Fundamentally, ACF is CANSLIM, I believe, with very nice projected > >earnings. I know its LLUR form is not CANSLIM; however, if it forms a base > >here (I assume it's not going to retract into a CUP), don't you believe that > >it would be a good time to add shares-assuming it BO from its new base? > > > >jans > > > > > > > >In a message dated 5/28/2001 12:17:50 AM Eastern Daylight Time, > >esetser@covad.net writes: > > > ><< As a holding, I'm very happy with the stock. It has been > stair-stepping up > > with most of the larger volume days moving up nicely. It has also pulled > > back a couple of times, but only for a few days, and generally on lower > > volume. > > > > As a new purchase, I would consider ACF too extended to pick up as a > > CANSLIM purchase right now. >> > > > >- > >-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, 30 May 2001 07:48:30 -0400 From: "Ann Hollingworth" Subject: [CANSLIM] climax top? TTWO is up almost 30% since I bought two weeks ago. Volume is way up. WON says not to sell in 1st 8 wks under normal circumstances. But I am worried about market. Also, others in group (RLRN, ATVI, THQI, TUTR) are all down. I am considering selling half at market and keeping the rest. Any suggestions? - - - -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, 30 May 2001 08:43:16 -0400 From: "Surindra" Subject: RE: [CANSLIM] What's up with APL...not APO (was CHIC)? Sorry Guys, misspelled, it should have been APL... - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of esetser Sent: Tuesday, May 29, 2001 11:09 PM To: canslim@lists.xmission.com Subject: RE: [CANSLIM] What's up with APO (was CHIC)? I must be missing the 1st letter of the symbol??? APO is 15/61/CCD. Wrong stock?? At 10:43 PM 5/29/01 -0400, you wrote: > > > APO keeps on creeping up. I have been watching and thought it is extended. >Good income, growth, sector. EPS 99, RS 99, GRS 87, PE 19, last four >quarters show high triple digit growth in earnings and revnues. Is it still >a buy or too late now? > >Surindra Singh > > >-----Original Message----- >From: owner-canslim@lists.xmission.com >[mailto:owner-canslim@lists.xmission.com]On Behalf Of David Squires >Sent: Tuesday, May 29, 2001 6:59 PM >To: canslim@lists.xmission.com >Subject: Re: [CANSLIM] What's up with CHIC? > > >Doug, > >Your right WON is not a trailing stop guy. He advocates watching the action >of your stocks and the market to gauge when to sell. Admittedly, this can be >a bit subjective and those who don't watch the market all day may find a 15% > > > >_________________________________________________________ >Do You Yahoo!? >Get your free @yahoo.com address at http://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. _________________________________________________________ Do You Yahoo!? Get your free @yahoo.com address at http://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: Wed, 30 May 2001 06:54:36 -0600 From: esetser Subject: Re: [CANSLIM] new leaders You select the DG books index REPORT. This is a report that has all of the about 2800 stocks that are featured in the DG books. At 11:57 PM 5/29/01 EDT, you wrote: >Tom: > > I'm not quite certain what you mean? I get the DG books and DGO both. >You say that Friday's index to the books that includes the industry group. >"Then", you add, "you click on the header, and it will sort the index by >industry group." > > I don't understand the procedcure of how you can click on an index in >DGO, and get an industry group. Click on what "header" of which index, and >it will sort what "industry group"? >jans > > >In a message dated 5/29/2001 10:11:37 AM Eastern Daylight Time, >stkguru@netside.net writes: > ><< I think it is Friday's index to the books that includes the > industry group. You can use that list without having to go to > Excel, just click on the header and it will sort the index by > industry group. Then scroll down to the group you want to review, > select the first stock, and minimize the list. Now you can scroll > thru the list from there by hitting either the space bar or the > down arrow, then hitting Enter. >> > >- >-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, 30 May 2001 07:08:08 -0600 From: esetser Subject: Re: [CANSLIM] climax top? After yesterday's action, it looked at TTWO and the price/volume. Given the length of the base, I'm still comfortable here. I decided to keep a 15% trailing stop on it and watch it, but for now, I'll hang onto this one. I am trying to be patient with my few winners right now. I have really had a lot of quick losses, and the winners (esp TTWO and ACF) have really bailed me out so far. I am fearful of giving those gains back, but overall, it has been the few VERY GOOD winners that have driven my gains in CANSLIM rather than my overall batting average. I do have 15% trailing stops on both. At 07:48 AM 5/30/01 -0400, you wrote: >TTWO is up almost 30% since I bought two weeks ago. Volume is way up. WON >says not to sell in 1st 8 wks under normal circumstances. But I am worried >about market. Also, others in group (RLRN, ATVI, THQI, TUTR) are all down. > >I am considering selling half at market and keeping the rest. Any >suggestions? > > >- >-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, 30 May 2001 09:15:51 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] What's up with APL...not APO (was CHIC)? Whew, you had me worried, Surindra Despite the present low trailing PE of 19, and even lower on a projected basis, I would consider this too extended for a new buy. But the fundies make it worth watching for an entry, and even a good gamble just on pure momentum, esp. if there is any pullback. I do note that cash flow is lousy, $0.47 vs last year's earnings of $2.07. And the funds were not in it as of the last report (but may be now). Tom Worley stkguru@netside.net AIM: TexWorley - ----- Original Message ----- From: Surindra To: Sent: Wednesday, May 30, 2001 8:43 AM Subject: RE: [CANSLIM] What's up with APL...not APO (was CHIC)? Sorry Guys, misspelled, it should have been APL... - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of esetser Sent: Tuesday, May 29, 2001 11:09 PM To: canslim@lists.xmission.com Subject: RE: [CANSLIM] What's up with APO (was CHIC)? I must be missing the 1st letter of the symbol??? APO is 15/61/CCD. Wrong stock?? At 10:43 PM 5/29/01 -0400, you wrote: > > > APO keeps on creeping up. I have been watching and thought it is extended. >Good income, growth, sector. EPS 99, RS 99, GRS 87, PE 19, last four >quarters show high triple digit growth in earnings and revnues. Is it still >a buy or too late now? > >Surindra Singh > - - - -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, 30 May 2001 09:25:34 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] climax top? I would suggest taking the time to visit the SEC site and read thru the entire 10Q for the second quarter. Not suggesting you will find anything significant, but I do note that the earnings forecast is for $1.00, up only 11%, and thru 2 qtrs they only earned 36 cents, so behind the pace at the moment. Their business appears cyclical, with Q2 being the slowest, so they may well still exceed this forecast. But 11% growth is not terribly exciting, even now. Given a big gain, and present "M", I would be inclined to tighten the stop. Tom Worley stkguru@netside.net AIM: TexWorley - ----- Original Message ----- From: esetser To: Sent: Wednesday, May 30, 2001 9:08 AM Subject: Re: [CANSLIM] climax top? After yesterday's action, it looked at TTWO and the price/volume. Given the length of the base, I'm still comfortable here. I decided to keep a 15% trailing stop on it and watch it, but for now, I'll hang onto this one. I am trying to be patient with my few winners right now. I have really had a lot of quick losses, and the winners (esp TTWO and ACF) have really bailed me out so far. I am fearful of giving those gains back, but overall, it has been the few VERY GOOD winners that have driven my gains in CANSLIM rather than my overall batting average. I do have 15% trailing stops on both. At 07:48 AM 5/30/01 -0400, you wrote: >TTWO is up almost 30% since I bought two weeks ago. Volume is way up. WON >says not to sell in 1st 8 wks under normal circumstances. But I am worried >about market. Also, others in group (RLRN, ATVI, THQI, TUTR) are all down. > >I am considering selling half at market and keeping the rest. Any >suggestions? > > >- >-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, 30 May 2001 09:35:59 -0400 From: "Doug Shannon" Subject: RE: [CANSLIM] What's up with CHIC? WON reaffirmed the 8 week holding period at the last advanced investment workshop. Doug - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Tom Worley Sent: Wednesday, May 30, 2001 12:05 AM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] What's up with CHIC? Hi Doug, I first picked up the 15% trailing stop concept from an interview WON did for Registered Rep, a magazine for stock brokers. In HTMMIS, I think he does talk about moving your entry point stop up to the entry point once you are up 15%. And the "hold if you are up 20%" time period used to be 8 weeks, don't know if he may have shortened it in recent years. Tom Worley stkguru@netside.net AIM: TexWorley - ----- Original Message ----- From: Doug Shannon To: Sent: Tuesday, May 29, 2001 6:07 PM Subject: RE: [CANSLIM] What's up with CHIC? Tom, I'm new to canslim but am trying to follow the rules exactly as stated by WON in his books, advanced seminars, and IBD learning center. Does WON specifically talk about trailing stops after a 15% move above the pivot? All I can remember is selling it if it goes up 20%+ taking longer than 4 weeks and keeping it if it goes up 20%+ in less than 4 weeks. I don't remember any mention of trailing stops. That diffently would have helped with CHIC. Thanks, Doug Tom wrote: Doug and Danny, I realize that hindsight is always 20-20, and it's easier to procrastinate when I don't have real money on the table, but I must ask why you were not using a trailing stop? Congrats on getting in at the pivot, I would agree that under 32 was a good entry. But after it had moved up to nearly 40, you clearly were ahead by over 15%, and could have applied a mental or hard stop. That should have taken you out on 5/22, with at least a small profit, instead of being stopped out for a loss. As for "M", I would say that this is anything but a raging bull, more like a mewing newborn calf, still trying to make its mark on the world. Tom Worley stkguru@netside.net AIM: TexWorley - - - -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 #1417 ****************************** 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.