From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #1426 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 Saturday, June 2 2001 Volume 02 : Number 1426 In this issue: RE: [CANSLIM] EASI [CANSLIM] Sending large or non-text files to the canslim group Re: [CANSLIM] SSSS - 76 89 D B B - $30.12 pivot today Re: [CANSLIM] CANSLIM funds Re: [CANSLIM] Weekly Scan ---------------------------------------------------------------------- Date: Sat, 2 Jun 2001 08:28:36 -0400 From: "Doug Shannon" Subject: RE: [CANSLIM] EASI Dan, I'm relatively new to CANSLIM. What do you mean by "15% rule per hour for ADV"? Thanks, Doug - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Dan Forant Sent: Friday, June 01, 2001 10:06 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] EASI This is my practice also. I set stops for my possible breakout's of choice when I don't have access to a PC. These I set daily so messing with gaps is not a problem. Otherwise if I do have access, I use a 15% rule per hour for ADV. With many stocks testing the pivots lately, I get in asap. DanF - ----- Original Message ----- From: "Doug Shannon" To: Sent: Friday, June 01, 2001 5:01 PM Subject: RE: [CANSLIM] EASI > David, > > Can you give me an example of how you come up with and use these > percentages. In other words, specifically how do you calculate these > percentages for the Nasdaq and how would you then use them for an individual > stock? My biggest problem re. CANSLIM is buying right at the pivot point on > strong vol. I am able to watch the market all day and I set alarms near > pivot points for the stocks I'm looking at but by the time I check the vol. > on IBD's website, log onto my account at Fidelity (it will log you off after > 5 or so minutes) and place a market order, most of the time the stock is at > least 2% above the pivot if not more. With almost every stock retesting its > pivot lately buying exactly at the pivot is paramount. I'm considering > (since I don't trade big size and Chris Katcher said it's o.k. at the last > advanced workshop) just placing buy stop orders at the pivot point and if > the vol is there great, if not then watch it like a hawk. Some stocks will > break out on weak volume and still do good (i.e. CHS) > > Thanks, > > Doug > > -----Original Message----- > From: owner-canslim@lists.xmission.com > [mailto:owner-canslim@lists.xmission.com]On Behalf Of David Squires > Sent: Friday, June 01, 2001 6:40 PM > To: canslim@lists.xmission.com > Subject: Re: [CANSLIM] EASI > > > I have looked into this pretty extensively. I require my stocks to meet a > minimum of 1.5 ADV but definitely prefer more. I have averaged NASDAQ hourly > volumes periodically to find hourly percentages. This is how they work out > using the end of the hour. > > 10:30 - 25% > 11:30 - 40% > 12:30 - 51% > 1:30 - 62% > 2:30 - 74% > 3:30 - 88% > > As you know you can take your ADV x 1.5 and then put these % into a > spreadsheet to get your hourly values for each stock. Many may find this too > involved and of course it isn't foolproof but it is an excellent guide. > > BTW, if a stock gaps out of its base and has all the right numbers it should > be bought if it is within 5% of the pivot. Gap breakouts from SOUND bases > have a high success rate. > > DSquires > > > ----- Original Message ----- > From: "Dan Forant" > To: > Sent: Friday, June 01, 2001 11:04 AM > Subject: Re: [CANSLIM] EASI > > > > How much vol do you need to buy at a b/o, 1.75, 2.0? If a breakout occurs > at > > 10am do you use a percentage to pre-determine? I use about 15% per hour. > > > > DanF > > ----- Original Message ----- > > From: "Tim Fisher" > > To: > > Sent: Friday, June 01, 2001 11:48 AM > > Subject: Re: [CANSLIM] EASI > > > > > > > Pivot was 31, broke out 5/16 off a short handle on very low vol but has > > > held. Buying now is buying an extended stock. Buying yesterday was > > > questionable IMO - yesterday was barely 1.5x adv. I would pass based on > > > that alone. > > > > > > On 08:26 AM 6/1/01, Fanus Said: > > > >Any thoughts on EASI? IBD Numbers 97 97 AAC. Look to me like it is > > breaking > > > >out of a C&H base. The handle was a little short and the Cup maybe a > > little > > > >steep and too V like? > > > > > > > >Disclaimer, I bought yesterday. > > > > > > > >Regards > > > >- Fanus > > > > > > > > > > > > > > > >____________________________________________________________________ > > > >Get free email and a permanent address at > http://www.netaddress.com/?N=1 > > > > > > > >- > > > >-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. > > > > > > > > > - > > -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. - - - -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: Sat, 2 Jun 2001 08:00:01 -0600 From: owner-canslim@xmission.com (Jeff Salisbury) Subject: [CANSLIM] Sending large or non-text files to the canslim group Everyone, There are times when you may wish to share large or non-text files with our group (i.e. gif, jpeg, spreadsheets, etc). Our list is configured to reject large and non-text postings (even if they are properly encoded) since both large files and non-text files cause various problems. This does not mean you cannot share large or non-text files with the group. Rather, you should place the file at an ftp site, and then refer to the link in your canslim posting. This way, the reader can read your posting, click on the link, and instantly see what you are talking about. If you have your own ftp site, feel free to use it. If you do not have access to your own ftp site, we have provided an anonymous ftp site. To provide your file to the group, please follow these instructions: 1. Send your file to: "ftp://ftp.xmission.com/pub/users/m/mcjathan/incoming/". See ftp instructions below. 2. After a minimum of 15 minutes, your file will be available for everyone at the URL of: ftp://ftp.xmission.com/pub/users/m/mcjathan/canslim/your_file_name where "your_file_name" is the exact name of the file you uploaded. This file name should not have spaces or other strange characters. Letter, numbers, and "." are always good, i.e. "canslim_25.gif". 3. Before posting your message to the group, test the URL of your file by copying the web address: ftp://ftp.xmission.com/pub/users/m/mcjathan/canslim/your_file_name into your browser and seeing if your browser displays the file properly. 4. Finally, send your message to the group describing your file, and be sure to explicity include the URL of your file. Although this may seem unwieldy at first, it really isn't too bad and it solves more problems than it creates. If you have any problems with this procedure, feel free to contact me at owner-canslim@xmission.com. Best Regards, Jeff Salisbury =========================================================================== Netscape FTP Instructions: 123456789012345678901234567890123456789012345678901234567890123456789012 1. Using Netscape, go to the URL: ftp://ftp.xmission.com/pub/users/m/mcjathan/incoming/ 2. On the Netscape "File" menu, select "Upload File..." This will open a file selection widget on your hard-drive. Select the file you wish to upload and hit the "Ok" button. At this point, your file will be uploaded. 3. Eventhough your file has been uploaded, you will not be able to see the file in your netscape browser. The reason for this is that the "incoming" directory is set to write-only for security reasons. Internet Explorer FTP Instructions: 1. Using "Internet Explorer", go to the URL: ftp://ftp.xmission.com/pub/users/m/mcjathan/incoming/ 2. Open "Windows Explorer" to browse your local hard-drive. Find the file you want to send. Select the file by clicking once. The right-click and "copy" the file. 3. Go back to the Internet Explorer window. Right-click and "paste" the file. It will be uploaded to the canslim ftp site. - - - -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: Sat, 2 Jun 2001 09:42:41 -0500 From: "Norman" Subject: Re: [CANSLIM] SSSS - 76 89 D B B - $30.12 pivot today I wouldn't call that "lucky" Ian. Looks more like Due Diligence to me. Good work and please keep sharing those techniques. Norman Boyd theboyd@tisd.net - ----- Original Message ----- From: "Ian" To: Sent: Friday, June 01, 2001 12:56 PM Subject: Re: [CANSLIM] SSSS - 76 89 D B B - $30.12 pivot today > Every day, I go through IBD earnings reports and add companies to my > notebook with appealing #'s and valuation. Last Friday, I added SSSS with > 31% rev growth, 167% EPS growth, $0.42/share earnings for the Q and a $29 > stock with an EPS rating of 76 and RS of 93. > > I researched it a little and 'OKed' the company/prospects/valuation - > putting it on my 'watch for a breakout' list. > > I watched it this week and noticed that it put in a little handle with the > previous high at $30. Today, there was unusual volume early, and so I put in > my stop-buy orer at the pivot at $30.12. > > I got lucky. > > Ian > > I added QSII last Thursday - forgot to put an alert on my QuoteTracker > screens, and it went from $11 to $14 without me getting in. Forgetfulness > .... > > > ----- Original Message ----- > From: Tom Worley > To: > Sent: Friday, June 01, 2001 9:30 AM > Subject: Re: [CANSLIM] SSSS - 76 89 D B B - $30.12 pivot today > > > > Nice catch, Ian, can you elaborate more on why you bot it when > > you did? > > > > Tom Worley > > stkguru@netside.net > > AIM: TexWorley > > > > ----- Original Message ----- > > From: Ian > > To: > > Sent: Friday, June 01, 2001 11:45 AM > > Subject: [CANSLIM] SSSS - 76 89 D B B - $30.12 pivot today > > > > > > I am in SSSS for a little at $30.12. Quite a short handle, but > > the volume is > > nice and their recent results were strong. > > > > The 'D' for industry group is not good, but it is mitigated by > > the fact that > > they sell to the following industries: > > > > petroleum - IBD rank of 34 > > power generation - 111 > > defense - 54 > > airline - 151 > > marine - 46 > > transportation - 100 > > > > We'll see. > > > > Ian > > > > > > - > > -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: Sat, 2 Jun 2001 07:51:51 -0700 (PDT) From: Dave Cameron Subject: Re: [CANSLIM] CANSLIM funds Tim, Not sure - the International Fund is closed as well. I know you can still get into Acorn USA (AUSAX) which may be pretty similar to Liberty Acorn Z. I think there's a 30 day holding period or something before you can transfer. If you go to www.libertyfunds.com, you should be able to get an idea of the biggest holdings in AUSAX. Looking at a chart of AUSAX (from www.bigcharts.com), there's been a big upward move in this fund recently. Disclaimer: If you want to buy in - I've invested my wife's IRA there. Dave - --- Tim Fisher wrote: > So I could buy the International fund & then immediately transfer > to the > Acorn fund? Do you think they would allow that? > > At 07:45 PM 6/1/2001 -0700, you wrote: > >Hmmm.... you may have given me an "in". If you own one of the > other > >Liberty Z funds - you can transfer funds in; you just can't set up > a > >new account in Liberty Acorn Z. I have funds in Liberty Acorn > >International... > > Tim Fisher > Ore-ROCK-On Rockhounding Web Site > Pacific Fishery Biologists Information > mailto:tim@OreRockOn.com > WWW http://OreRockOn.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. ===== Dave Cameron dfcameron@yahoo.com __________________________________________________ Do You Yahoo!? Get personalized email addresses from Yahoo! Mail - only $35 a year! 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: 2 Jun 2001 07:59:46 -0700 From: "Tim Fisher" Subject: Re: [CANSLIM] Weekly Scan Actually Dave, it's even easier to calculate the # of times a stock shows up in your scan than the formula I posted. In Excel 6.0/95 or 2000, insert a row above the first row and add a column heading such as "stock", then simply go to data....pivot table, click "next" until you click "finish", then drop the "stock" field into the row field of the table. Voila, the default for the pivot table is sum of "stock" by "stock". Then sort the data field (the totals) in descending order (the "Z--->A" button). Here's the result for your last spreadsheet:

Count of Stock
StockTotal
IART8
TARO8
TRR8
APWR7
ATVI7
PATH7
PNRA7
RDEN7
TALX7
ACF6
ADVP6
BRL6
CHBS6
ESCM6
FEIC6
MNS6
MTON6
NYCB6
OPTN6
PECS6
PRX6
RLRN6
SHFL6
SKX6
THQI6
WMS6
ACI5
ACTN5
ALLY5
ANF5
BBI5
BEIQ5
CHS5
COLM5
COV5
CVD5
FLS5
GENI5
KKD5
MANU5
MGAM5
MSCC5
PXD5
PXLW5
ROIL5
SCRI5
SERO5
SLOT5
TK5
TTWO5
TUTR5
TVLY5
USPH5
AAI4
ACAI4
ADVS4
BBBY4
BRR4
BSTE4
BZH4
CD4
CIMA4
DGX4
EVG4
EXPE4
FLYR4
GENZ4
GNSS4
HDWR4
HOV4
HSE4
IMA4
INRS4
MAGI4
MANH4
MUR4
OO4
PENN4
PGR4
PLCE4
PPDI4
PSFT4
RAIL4
RETK4
SDRC4
SKIL4
STZ4
TXU4
URI4
VANS4
ACRT3
AZA3
BGC3
BKS3
BPFH3
BWE3
CACI3
CATT3
CKP3
CNC3
DRMD3
ECLP3
EME3
EXLT3
FCEL3
FLM3
FRONY3
GILD3
GPI3
GTK3
INGR3
KWK3
LTR3
MCHM3
MGL3
MRCY3
MTH3
NR3
ORLY3
PDII3
PNM3
POG3
POWL3
PPL3
RMD3
ROOM3
ROYL3
SCIO3
SFD3
SKYW3
SO3
SRDX3
TOS3
TTI3
UCOR3
WTSLA3
AA2
ACPW2
AHC2
AKS2
AL2
AMHC2
APD2
ARG2
AVIR2
BKH2
BSB2
CAT2
CBM2
CHB2
CIT2
CNIT2
COG2
CPRT2
CPST2
CTIC2
CTRA2
CX2
DF2
DFXI2
DMN2
DSWT2
EASI2
EDO2
EFDS2
ELBO2
ELON2
EPIQ2
EQT2
EXPD2
FLIR2
FLR2
FTO2
FYII2
GCO2
GMCR2
GRTS2
GVA2
HSIC2
HTN2
IMG2
IRF2
ITMN2
JEC2
JNY2
KFY2
KMX2
KNDL2
LOW2
LRCX2
LTBG2
MBG2
MCDTA2
MCO2
MDU2
MINI2
MKSI2
MRVL2
MWY2
MXF2
NHP2
OMG2
OSG2
OXY2
PAA2
PRGO2
PRSE2
PTMK2
PVTL2
PZB2
RDN2
RECN2
RGIS2
SEAC2
SLXP2
SRNA2
SUN2
TRU2
TSG2
TSO2
TUNE2
UCU2
UDS2
UNFI2
UTSI2
VFC2
VGR2
VLO2
WBB2
WBSN2
WERN2
WFMI2
WGR2
XMSR2
YUM2
ABGX1
ABMD1
ABSC1
ACDO1
ADBE1
ADIC1
ADLR1
AEIS1
AEOS1
AEPI1
AGEN1
AHAA1
AHR1
AIN1
AMD1
AMH1
AMMD1
AMR1
AMSC1
AMSGA1
AMSGB1
AMX1
AMZN1
AN1
ANAD1
ANN1
ANSS1
AOL1
AOT1
APCC1
APH1
APL1
APPB1
ARA1
ARTC1
ASD1
ASF1
ASMI1
ASYS1
ASYT1
ATI1
ATMI1
ATR1
AVA1
AVGN1
AWK1
AXE1
AZO1
BAC1
BBC1
BBOX1
BBY1
BCR1
BLDP1
BOH1
BPT1
BPUR1
BRKS1
CAMZ1
CBT1
CDWC1
CENX1
CGNX1
CHD1
CHU1
CMX1
CNTL1
COH1
COHU1
CPWM1
CREE1
CRGN1
CRK1
CRL1
CRY1
CRYP1
CS1
CSGS1
CTAS1
CTV1
CVTX1
CYMI1
CYN1
DAKT1
DAL1
DCN1
DCS1
DDR1
DGIN1
DIGL1
DKWD1
DLX1
DP1
DRI1
DSGX1
DTE1
EBAY1
EC1
EE1
EGR1
ELNT1
EMKR1
EMLX1
EMS1
ENZ1
ESI1
ESIO1
EV1
EW1
EXAR1
EXEL1
EXTR1
EYE1
FCME1
FCN1
FDRY1
FDS1
FFFLD1
FHCC1
FHRX1
FISV1
FMX1
FNSR1
FOSL1
GD1
GKSRA1
GLC1
GNTX1
GOTO1
GP1
GPS1
GRL1
GRT1
GWW1
GZMO1
HAR1
HAS1
HD1
HDVS1
HET1
HGSI1
HIB1
HLT1
HMN1
HNP1
HOC1
HOTT1
HRB1
HRS1
HYDL1
ICBC1
ICN1
ICOS1
IDT1
IDXX1
IFF1
IGEN1
IHSC1
ILUM1
ILXO1
IMCL1
IMCO1
IMMU1
IMNY1
IMSC1
INCY1
ISIL1
IWOV1
JAKK1
JBL1
JCP1
JKHY1
KDE1
KEA1
KG1
KLAC1
KMP1
KOSP1
LE1
LIFF1
LLTC1
LTXX1
LXK1
MAR1
MATK1
MCDT1
MEDC1
MEDQ1
MEDX1
MERQ1
MERX1
MGA1
MGG1
MGM1
MHO1
MIR1
MNMD1
MRO1
MSFT1
MTG1
MVSN1
MXT1
MYL1
NAFC1
NBIX1
NEM1
NEV1
NIS1
NMTC1
NOK1
NPRO1
NSC1
NSM1
NUE1
NVDA1
NVLS1
NWAC1
NXL1
OCA1
OCLR1
OEH1
OIL1
OMI1
OSCA1
OSH1
P1
PAX1
PCP1
PDLI1
PEG1
PHEL1
PHELK1
PHM1
PHTN1
PIXR1
PLCM1
PLUG1
PLX1
PMI1
PMIL1
PNR1
PRGN1
PWR1
PX1
QLGC1
QSFT1
RCBK1
RFMD1
RHT1
RMCI1
ROST1
RSTA1
RSTN1
RVWD1
RYAN1
SAFC1
SAWS1
SCI1
SCUR1
SEBL1
SHOO1
SLAB1
SLGN1
SNWL1
SP1
SPCT1
SPN1
SPW1
SRE1
STN1
STRC1
STW1
SVRN1
SWN1
SYMC1
TDS1
TER1
THX1
TJX1
TKLC1
TKTX1
TLGD1
TMAV1
TMPW1
TOO1
TTEK1
TWTR1
UB1
UGS1
ULCM1
ULGX1
UNM1
UNS1
URS1
USAI1
UVN1
VCI1
VIA1
VIA.B1
VMC1
VSEA1
VVTV1
VYSI1
WEBX1
WG1
WGOV1
WHR1
WLB1
WON1
WSM1
WTU1
WWW1
X1
XRAY1
YRK1
ZIGO1
ZRAN1
Grand Total1104


At 03:25 PM 6/1/2001 -0700, you wrote:
Co<x-html>
<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN">
 

</x-html>

Tim Fisher
Ore-ROCK-On Rockhounding Web Site
Pacific Fishery Biologists Information
mailto:tim@OreRockOn.com
WWW http://OreRockOn.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. ------------------------------ End of canslim-digest V2 #1426 ****************************** 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.