I would never propose to Tracie that = investing is a=20 guy kind of thing :). First of all she's probably better than I=20 am. Secondly, at the recent IBD seminar here in L.A. WON stated = that he=20 felt that Women were better investors than men. His reasoning is that = women tend=20 to follow most of the rules whereas guys tend to follow the ones they=20 like.

----- Original Message -----

Sent: Monday, June 18, 2001 = 7:04 PM

Subject: Re: [CANSLIM] = KKD

Way to go, Tracie!!! Don't let Jay tell you = investing is a=20 "guy" kind of thing!

Best advice I can give both of you is from my = recent=20 experience with EPIQ. It has already passed beyond any model I could = use for=20 setting a selling target price. So I just keep a sell limit about 15% = or so=20 ahead of the prior day's close, and wait to see if a sudden spike = takes me=20 out. Otherwise, I would just employ a trailing stop of 15%, and enjoy = the=20 gains (and the sugar rush).

Tom Worley
stkguru@netside.net
AIM:=20 TexWorley

----- Original Message -----

Sent: Monday, June 18, 2001 = 9:57=20 PM

Subject: [CANSLIM] KKD

I know everyone is bashing KKD, = "because they=20 are only selling doughnuts", but we have a serious investing = question about=20 it. Tracie bought it on 5/16 at 27.05 on the breakout. She is = now up=20 55% on it (as I said in an earlier post, she is doing much = better than=20 me this year). The most recent base is only about 3 weeks long and = it=20 is now accelerating off the 2/1 split. Do we look to sell it = (or maybe=20 half) if it runs up another few days. Or hold on for in the hope of = bigger=20 gains since it appears to be one of the strongest performers in the = market.=20 Given the current weakness in the market I lean towards locking in = profit=20 but don't want to be too quick on a strong=20 stock.

Thanks for the post Tom - wondered who = was behind=20 canslim.net and whether it was worth it to check out. Does WON = endorse=20 this site?

----- Original Message -----

Sent: Monday, June 18, 2001 = 7:11 PM

Subject: Re: [CANSLIM] = canslim.net=20 Breakout Strategy

Sorry, Denis, but the owner of canslim.net I = believe was a=20 former member of this group. Assuming I am correct, I was not = impressed with=20 his grasp or understanding of the market then, nor am persuaded that a = mechanical trading mechanism will work now. Try me again in a = year or=20 so, or three years or so ago, after you have experienced a few more=20 cycles.

CANSLIM is not a day trader's fantasy, it is = designed for=20 investors instead.

Tom Worley
stkguru@netside.net
AIM:=20 TexWorley

----- Original Message -----

Sent: Monday, June 18, 2001 = 7:02=20 PM

Subject: [CANSLIM] = canslim.net Breakout=20 Strategy

For the past two weeks I've been paper trading a = mechanical strategy based on closing prices and the breakout list at = canslim.net. I was looking for a quick, easy to implement, = reliable=20 trading system which would "beat the index" without due=20 diligence. This strategy did fairly well for the week of = 6/4-8. =20 It beat QQQ 4 of 5 days and SPY 3 of 5 days. But it lost = to=20 DIA 4 of 5 days. NOTE: There were no stops = used. All=20 picks were held to today's close.

For any of you that don't know already, = canslim.net uses=20 an extensive screening process to develop a "Leaders List" of about = 400=20 stocks. Hourly, during the trading day, the Leaders List is = screened=20 for stocks that have reached or surpassed their 52 week = highs.

My paper trading strategy was to further screen = the=20 breakout list at market close for those stocks whose trading volume = exceeded=20 300% ADV (just to get a manageable number of picks). I = considered my=20 buys to be the market closing prices.

Please note: I wasn't very precise on my volume=20 screen. I eyeballed the numbers. My picking process took = less=20 than a minute a day.

My picks, buy prices, today's closing prices and = the %Gain=20 (loss) as of close today are listed below:

AMN, =20 77.87, 56.30, =20 (27.70),

BANR, =20 20.21, =20 21.04, = 4.11,

CFFN, =20 18.28, =20 = 18.28, 0.00,<= /DIV>

CPRT, =20 26.20, 24.78, = ( =20 5.42),

DFXI, =20 = 38.13, 37.01, (= =20 2.94),

EASI, =20 39.54, 33.00, =20 (16.54),

ESI, = =20 43.55, 42.98, =20 ( 1.31),

GISX, =20 = 10.98, 9.80, &n= bsp; =20 (10.75),

HITK, = =20 9.04, = 8.60, =20 ( 4.87),

HOC, =20 48.65, =20 45.75, ( 5.96),

MOVI, =20 14.88, 14.37, = ( =20 3.43),

TARO, 73.75, = ; =20 77.00, = 4.41,

WTSLA, = 37.35, =20 35.67, ( = 4.50),

Average &nb= sp; &nbs= p; = ; =20 ( 5.74)

For Comparison

DIA, =20 110.67, 107.00, =20 ( 3.32),

SPY, =20 127.34, 121.26, =20 ( 4.77),

QQQ, =20 45.83, = 42.03, =20 ( 8.29),

6/5/01

AMN, =20 72.95, =20 56.30, ( 22.82),

CBM, =20 56.99, =20 53.96, ( = 5.32),

DFXI, 40.20, = ; =20 37.01, ( = 7.94),

DYII, = = 21.00, 16.29, &= nbsp; ( =20 22.43),

ENTG, =20 = 15.20, 12.00, &= nbsp; =20 ( 21.05),

FDS, 44.90,= 32.99, &= nbsp;=20 ( 26.53),

HITK, = 9.00, =20 8.60, ( =20 4.44),

KG, &= nbsp; 55.10, 55.35, &n= bsp; =20 0.45,

SP, &= nbsp; 41.60, 30.62, ( =20 26.39),

SRDX, =20 58.00, =20 38.00, ( = 34.48),

TGI, = =20 47.75, =20 45.05, ( =20 5.65),

TGX, =20 11.10, =20 10.75, ( =20 3.15),

WTSLA, =20 = 38.10, 35.67, = =20 ( 6.38),

Average &nb= sp; &nbs= p; = ; =20 ( 14.32)

For Comparison

DIA, = =20 111.96, =20 107.00, = ( =20 4.43),

SPY, = 128.80, =20 121.26, = ( =20 5.85),

QQQ, = =20 47.85, =20 42.03, =20 ( 12.16),

6/6/01

DKWD, =20 29.15, =20 = 33.76, &= nbsp;=20 15.81,

FDS, = =20 42.25, =20 32.99, ( =20 25.45),

HDL, = =20 14.00, =20 15.92, =20 13.71,

LNCR, 65.40= , =20 = 63.00, ( = =20 3.67),

SFC, = =20 17.70, =20 19.74, =20 11.53,

SP, &= nbsp; =20 43.00, =20 30.62, ( =20 28.79),

TGX, = =20 11.05, =20 10.75, ( = 2.71),

Average &nb= sp; &nbs= p; = ; = =20 ( 2.79)

For Comparison

DIA, = =20 111.05, =20 107.00, =20 ( 3.65),

SPY, = =20 127.73, =20 121.26, = ( =20 5.07),

QQQ, = =20 47.48, =20 42.03, =20 ( 11.48),

6/7/01

BBX, = 7.38, &n= bsp; =20 = 7.61, &n= bsp; =20 3.12,

DKWD, = ;=20 31.41, =20 = 33.76, &= nbsp; =20 7.48,

MDCI, = ; =20 = 8.95, &n= bsp;=20 = 7.45, (&= nbsp;=20 16.76),

SFC, = =20 = 20.00, 1= 9.74, ( &= nbsp; =20 1.30),

TTWO, = ; =20 23.95, =20 21.10, = ( =20 11.90),

WTM, = 364.00, = =20 380.00, =20 ( 4.40),

XTRM, = ; =20 = 10.04, &= nbsp; 9.04, &nb= sp; =20 ( 9.96),

Average &nb= sp; &nbs= p; = ; = ( = =20 4.82)

For Comparison

DIA, = =20 110.91, =20 = 107.00, = =20 ( 3.53),

SPY, = =20 128.19, 121.26,=20 =20 ( 5.41),

QQQ, = =20 = 48.70, = = 42.03, = ( 13.70),

6/8/01

AMWD, = ; =20 = 35.99, = = 36.50, &= nbsp; =20 1.42,

CNTL, = ; =20 = 27.60, = = 22.80, (= =20 17.39),

DKWD, = ; 33.67, = =20 = 33.76, &= nbsp; =20 0.27,

HDL, = =20 = 15.00, = = 15.92, &= nbsp; =20 6.13,

SFC, = 2= 2.30, =20 = 19.74, ( = 11.48),

Average &nb= sp; &nbs= p; = ; = &= nbsp; =20 ( 4.21)

For Comparison

DIA, = = 109.75, =20 = 107.00, = =20 ( 2.51),

SPY, = 1= 27.00, 121.26,= = ( 4.52),

QQQ, = = = 47.35, = = 42.03, &= nbsp;=20 ( 10.57), =

Any comments? Suggestions for another = strategy? An=20 obvious one is to set 8% stop losses. This would require a lot = more=20 time to test. Would it be worth doing? Note: I can't = monitor=20 during the day, so strategies (if I'm to implement them) must not = depend on=20 intraday trading (with exception of stop & limit=20 orders). Perhaps there isn't any "easy" way. =