From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #1531 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, June 27 2001 Volume 02 : Number 1531 In this issue: Re: [CANSLIM] RLRN Re: [CANSLIM] RLRN Re: [CANSLIM] RLRN Re: [CANSLIM] RLRN Re: [CANSLIM] COH Re: [CANSLIM] RLRN Re: [CANSLIM] Re:positives from real money RE: [CANSLIM] RLRN [CANSLIM] BZH Double Bottom Re: [CANSLIM] COH Re: [CANSLIM] COH Re: [CANSLIM] sec site Re: [CANSLIM] COH Re: [CANSLIM] sec site [CANSLIM] I've seen it all [CANSLIM] "M" [CANSLIM] Re: BZH Re: [CANSLIM] COH - where's the BEEF Re: [CANSLIM] Re: BZH ---------------------------------------------------------------------- Date: Tue, 26 Jun 2001 12:38:53 -0400 From: "Dan Forant" Subject: Re: [CANSLIM] RLRN My favorite chart, the double bottom DanF - ----- Original Message ----- From: "Tim Fisher" To: Sent: Tuesday, June 26, 2001 12:12 PM Subject: Re: [CANSLIM] RLRN > Yes, is the short answer. I bot it early when I saw the vol, short double > bottom base, risky entry, uncertain M, would not recommend anyone following > my lead... > > On 08:58 AM 6/26/01, Boyd Said: > >Is RLRN breaking out? > > > >Norm > > > >- > >-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. ------------------------------ Date: Tue, 26 Jun 2001 16:39:16 GMT From: "Boyd" Subject: Re: [CANSLIM] RLRN Too late Tim. I bot on the 18th when I saw good vol. If I can get up 10-15% in this market I'll likely sell. Will be interesting to see what the fed's action does to things. Norm Tim Fisher writes: > Yes, is the short answer. I bot it early when I saw the vol, short double > bottom base, risky entry, uncertain M, would not recommend anyone following > my lead... > > On 08:58 AM 6/26/01, Boyd Said: > >Is RLRN breaking out? > > > >Norm > > > >- > >-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. ------------------------------ Date: Tue, 26 Jun 2001 09:46:54 -0700 (PDT) From: SRP Singh Subject: Re: [CANSLIM] RLRN Looks like it is breaking. Right now volume is close to 2 times ADV. Is $47.95 (high on 6/18/01) will be the pivot for RLRN ? - -SRP - --- Boyd wrote: > Is RLRN breaking out? > > Norm > > - > -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 personalized email addresses from 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: Tue, 26 Jun 2001 10:01:37 -0700 From: Tim Fisher Subject: Re: [CANSLIM] RLRN Too late for what? It didn't even penetrate the pivot on the 18th, which was 48.10+0.14=48.28, set on 5/7 (sorry Singh, you have bad data). On 09:39 AM 6/26/01, Boyd Said: >Too late Tim. I bot on the 18th when I saw good vol. If I can get up >10-15% in this market I'll likely sell. Will be interesting to see what >the fed's action does to things. > >Norm > > > >Tim Fisher writes: > > > Yes, is the short answer. I bot it early when I saw the vol, short double > > bottom base, risky entry, uncertain M, would not recommend anyone > following > > my lead... > > > > On 08:58 AM 6/26/01, Boyd Said: > > >Is RLRN breaking out? > > > > > >Norm > > > > > >- > > >-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. Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Tue, 26 Jun 2001 11:14:04 -0700 From: "Nicholas Barone" Subject: Re: [CANSLIM] COH COH is breaking out BUT.... it has no volume this is weird pivot 37 something now above old high but 1/3 adv lots of positives on this one strange? comments NB _________________________________________________________________ Get your FREE download of MSN Explorer at http://explorer.msn.com - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Tue, 26 Jun 2001 18:20:09 GMT From: "Boyd" Subject: Re: [CANSLIM] RLRN Too late to warn me not to follow, Tim. When I bot on the 18th I was looking at the high point on the 13th. Not a good example of a pivot but it was all I had to use at the moment. I guess I was treating the chart pattern as a pause on the way up. I see the pivot for today's trade at 47.95 + .13 = 48.08 on the 18th; a less-than-perfect handle but with vol decreasing. Norm Tim Fisher writes: > Too late for what? It didn't even penetrate the pivot on the 18th, which > was 48.10+0.14=48.28, set on 5/7 (sorry Singh, you have bad data). > > On 09:39 AM 6/26/01, Boyd Said: > >Too late Tim. I bot on the 18th when I saw good vol. If I can get up > >10-15% in this market I'll likely sell. Will be interesting to see what > >the fed's action does to things. > > > >Norm > > > > > > > >Tim Fisher writes: > > > > > Yes, is the short answer. I bot it early when I saw the vol, short double > > > bottom base, risky entry, uncertain M, would not recommend anyone > > following > > > my lead... > > > > > > On 08:58 AM 6/26/01, Boyd Said: > > > >Is RLRN breaking out? > > > > > > > >Norm - - - -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, 26 Jun 2001 12:39:15 -0700 From: "Nicholas Barone" Subject: Re: [CANSLIM] Re:positives from real money Bill: I would be interested in your expanded reasoning on these statements. Remember this post was in reference to a specific day. Who is this everybody that believes? I think past posts by the group show concern about M I think most of the regular investors that I know believe that the market is #$%@ (bad). Are you referring to advisor sentiment? What do you think about the other points? NB >From: "Bill Staton" >Reply-To: canslim@lists.xmission.com >To: canslim@lists.xmission.com >Subject: [CANSLIM] Re:positives from real money >Date: Mon, 25 Jun 2001 23:14:00 -0000 > > > > > ><< 10. No one believes the Market CAN rally. >> > >Actually, almost everybody believes it, which is why I don't believe it. > > > > Bill Staton >Money Management / Speeches / Lifetime Riches Seminars > _________________________________________________________________ Get your FREE download of MSN Explorer at http://explorer.msn.com - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Tue, 26 Jun 2001 18:34:05 -0400 From: "Surindra" Subject: RE: [CANSLIM] RLRN Great pick Tim Surindra Singh - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Tim Fisher Sent: Tuesday, June 26, 2001 1:02 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] RLRN Too late for what? It didn't even penetrate the pivot on the 18th, which was 48.10+0.14=48.28, set on 5/7 (sorry Singh, you have bad data). On 09:39 AM 6/26/01, Boyd Said: >Too late Tim. I bot on the 18th when I saw good vol. If I can get up >10-15% in this market I'll likely sell. Will be interesting to see what >the fed's action does to things. > >Norm > > > >Tim Fisher writes: > > > Yes, is the short answer. I bot it early when I saw the vol, short double > > bottom base, risky entry, uncertain M, would not recommend anyone > following > > my lead... > > > > On 08:58 AM 6/26/01, Boyd Said: > > >Is RLRN breaking out? > > > > > >Norm > > > > > >- > > >-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. 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. _________________________________________________________ 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: Tue, 26 Jun 2001 20:20:08 -0400 From: "Dan Forant" Subject: [CANSLIM] BZH Double Bottom This is a multi-part message in MIME format. - ------=_NextPart_000_003C_01C0FE7D.64D01720 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable BZH double bottom, ready to fire from short pullback? DanF - ------=_NextPart_000_003C_01C0FE7D.64D01720 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
BZH double bottom, ready to fire from short=20 pullback?
 
DanF
- ------=_NextPart_000_003C_01C0FE7D.64D01720-- - - - -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, 26 Jun 2001 23:32:42 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] COH The lack of volume, not only today but for the past 8 weeks, makes it highly suspect in my book. I also note that while "management" only owns 1% of the issue, there is a 36.6 million share block unaccounted for between the issue and the float (issue is only 43.5 million, so this block is huge. I would want to know who owns that block, and what they are doing with it, before getting interested. Tom Worley stkguru@netside.net AIM: TexWorley - ----- Original Message ----- From: Nicholas Barone To: Sent: Tuesday, June 26, 2001 2:14 PM Subject: Re: [CANSLIM] COH COH is breaking out BUT.... it has no volume this is weird pivot 37 something now above old high but 1/3 adv lots of positives on this one strange? comments NB _________________________________________________________________ Get your FREE download of MSN Explorer at http://explorer.msn.com - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. - - - -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, 27 Jun 2001 02:59:17 -0700 (PDT) From: SRP Singh Subject: Re: [CANSLIM] COH As per DGO outstanding shares = 43.5 Million Float = 6.9 Million Funds 44% But as per Yahoo outstanding shares = 43.5 Million Float = 32.2M · Insider and 5%+ Owners: 26% · Institutional: 27% (37% of float) I failed to rationalize this discrepency. Tom, from where did you get data that "management" only owns 1% of the issue. - -SRP - --- Tom Worley wrote: > The lack of volume, not only today but for the past > 8 weeks, > makes it highly suspect in my book. I also note that > while > "management" only owns 1% of the issue, there is a > 36.6 million > share block unaccounted for between the issue and > the float > (issue is only 43.5 million, so this block is huge. > I would want > to know who owns that block, and what they are doing > with it, > before getting interested. > > Tom Worley > stkguru@netside.net > AIM: TexWorley > > ----- Original Message ----- > From: Nicholas Barone > To: > Sent: Tuesday, June 26, 2001 2:14 PM > Subject: Re: [CANSLIM] COH > > > COH is breaking out > > BUT.... it has no volume > this is weird > > pivot 37 something > now above old high > but 1/3 adv > > lots of positives on this one > strange? > > comments > > NB > _________________________________________________________________ > Get your FREE download of MSN Explorer at > http://explorer.msn.com > > > - > -To subscribe/unsubscribe, email > "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your > email. > > > > - > -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 personalized email addresses from 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: Wed, 27 Jun 2001 06:59:49 EDT From: BIKEAR@aol.com Subject: Re: [CANSLIM] sec site - --part1_9d.1769c24f.286b16a5_boundary Content-Type: text/plain; charset="US-ASCII" Content-Transfer-Encoding: 7bit how do I get to the sec site - --part1_9d.1769c24f.286b16a5_boundary Content-Type: text/html; charset="US-ASCII" Content-Transfer-Encoding: 7bit how do I get to the sec site - --part1_9d.1769c24f.286b16a5_boundary-- - - - -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, 27 Jun 2001 07:23:27 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] COH That's what the datablock on DGO shows. Tom Worley stkguru@netside.net AIM: TexWorley - ----- Original Message ----- From: SRP Singh To: Sent: Wednesday, June 27, 2001 5:59 AM Subject: Re: [CANSLIM] COH As per DGO outstanding shares =3D 43.5 Million Float =3D 6.9 Million Funds 44% But as per Yahoo outstanding shares =3D 43.5 Million Float =3D 32.2M =B7 Insider and 5%+ Owners: 26% =B7 Institutional: 27% (37% of float) I failed to rationalize this discrepency. Tom, from where did you get data that "management" only owns 1% of the issue. - -SRP - --- Tom Worley wrote: > The lack of volume, not only today but for the past > 8 weeks, > makes it highly suspect in my book. I also note that > while > "management" only owns 1% of the issue, there is a > 36.6 million > share block unaccounted for between the issue and > the float > (issue is only 43.5 million, so this block is huge. > I would want > to know who owns that block, and what they are doing > with it, > before getting interested. > > Tom Worley > stkguru@netside.net > AIM: TexWorley > > ----- Original Message ----- > From: Nicholas Barone > To: > Sent: Tuesday, June 26, 2001 2:14 PM > Subject: Re: [CANSLIM] COH > > > COH is breaking out > > BUT.... it has no volume > this is weird > > pivot 37 something > now above old high > but 1/3 adv > > lots of positives on this one > strange? > > comments > > NB > _________________________________________________________________ > Get your FREE download of MSN Explorer at > http://explorer.msn.com > > > - > -To subscribe/unsubscribe, email > "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your > email. > > > > - > -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 personalized email addresses from 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, 27 Jun 2001 07:38:34 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] sec site This is a multi-part message in MIME format. - ------=_NextPart_000_0023_01C0FEDC.2C85CB80 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable While there are a lot of parts to it, what interests us are the = financial filings. Go to http://www.sec.gov/cgi-bin/srch-edgar However, since Edgar went commercial, this site does not seem to be = working like usual. This morning, I could only get the headers of = filings. As a result, I typically I reading the filings through other = sites I subscribe to or alert me to filings. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: BIKEAR@aol.com=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, June 27, 2001 6:59 AM Subject: Re: [CANSLIM] sec site how do I get to the sec site=20 - ------=_NextPart_000_0023_01C0FEDC.2C85CB80 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
While there are a lot of parts to it, what interests = us are=20 the financial filings. Go to
 
http://www.sec.gov/cgi-bin= /srch-edgar
 
However, since Edgar went commercial, this site does = not seem=20 to be working like usual. This morning, I could only get the headers of = filings.=20 As a result, I typically I reading the filings through other sites I = subscribe=20 to or alert me to filings.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 BIKEAR@aol.com
To: canslim@lists.xmission.com =
Sent: Wednesday, June 27, 2001 = 6:59=20 AM
Subject: Re: [CANSLIM] sec = site

how do I = get to the sec=20 site - ------=_NextPart_000_0023_01C0FEDC.2C85CB80-- - - - -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, 27 Jun 2001 08:03:33 -0400 From: "Tom Worley" Subject: [CANSLIM] I've seen it all This is a multi-part message in MIME format. - ------=_NextPart_000_0038_01C0FEDF.A9542500 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Now you know just how bad it's getting out there in stockland. NASDAQ is = laying off 11% of its staff (was originally expected to lay off only = 5%). Full story at=20 http://biz.yahoo.com/rf/010627/n27332998.html Tom Worley stkguru@netside.net AIM: TexWorley - ------=_NextPart_000_0038_01C0FEDF.A9542500 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Now you know just how bad it's getting out there in = stockland.=20 NASDAQ is laying off 11% of its staff (was originally expected to lay = off only=20 5%). Full story at
 
http://biz.yahoo.c= om/rf/010627/n27332998.html
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
- ------=_NextPart_000_0038_01C0FEDF.A9542500-- - - - -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, 27 Jun 2001 08:47:31 -0400 From: "Tom Worley" Subject: [CANSLIM] "M" This is a multi-part message in MIME format. - ------=_NextPart_000_0041_01C0FEE5.CE193BE0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Three months ago, as we neared the last days of the First Quarter, and = the end of the "confession" season, every major index was in a clearly = defined downtrend. Now, at the same point for the Second Quarter, and = only hours away from another announcement from FOMC on rate cuts, we = seem to be treading water, but at a much improved price level. NASDAQ, which recovered the least of the major indexes, has spent most = of the quarter now behind us consolidating the limited gains. All the = other indexes made a greater recovery, and now are consolidating at or = just below the short base they built.=20 From my observations, the "confessions" have been far milder than a = quarter ago, and with some limited optimism for the future. Meanwhile, = the largest tax cut in many years is about to start paying out. Reduced = rates go into effect next week, and refund checks are expected to start = hitting the mail during July. As that happens, the first of the Feds tax = cuts, from Jan 2, should start taking effect on the economy (typically = it takes six to nine months for a rate change to make its way thru the = economy). And there are four more half point cuts right behind that one, = along with whatever the Feds do later today (I still fully expect a qtr = pt cut). The economists, analysts and commentators seem to be about evenly split = on whether we will get a qtr pt or a half pt cut today. But for all, the = focus seems to be much more on the language the Feds will use in their = news release of the event. That will give a better picture on whether = this is the final cut for quite some time, and if the Feds see the = economy finally ready to prove a recovery where they can assume a wait = and see position at last. FWIW, my personal opinion is that we are not in a recession, we are not = in danger of entering a recession anytime this year, that the worst of = the news (including corporate spending, corporate earnings, inflation, = unemployment, capital spending, housing starts, and a whole bunch of = other topics) are already essentially fully priced into the market, and = during the course of the next three months we will see clear proof of a = steady, but slow, recovery. That will build optimism and investor = sentiment for the Fourth Quarter results. In two weeks, we enter the core of actual earnings reporting. While the = results will be history, the comments the companies make about the = future will be key to where the market goes over the next three months. = In part because of Reg FD (Regulation Full Disclosure), I expect at best = guarded optimism, with little promises given of actual improvement = during the Third Quarter, maybe even the Fourth Quarter. Key to these = comments will be whether the companies themselves think the worst of = their business contraction has ended. If that ends up being essentially = what they say, then I think the present consolidation we have been = seeing will form a healthy support base to carry us higher for the rest = of the year. Simply put, I am nearly fully invested, and expect to remain that way = for the balance of this year, and likely well into next year. Tom Worley stkguru@netside.net AIM: TexWorley - ------=_NextPart_000_0041_01C0FEE5.CE193BE0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Three months ago, as we neared the last days of the = First=20 Quarter, and the end of the "confession" season, every major index was = in a=20 clearly defined downtrend. Now, at the same point for the Second = Quarter, and=20 only hours away from another announcement from FOMC on rate cuts, we = seem to be=20 treading water, but at a much improved price level.
 
NASDAQ, which recovered the least of the major = indexes, has=20 spent most of the quarter now behind us consolidating the limited gains. = All the=20 other indexes made a greater recovery, and now are consolidating at or = just=20 below the short base they built.
 
From my observations, the "confessions" have been = far milder=20 than a quarter ago, and with some limited optimism for the future. = Meanwhile,=20 the largest tax cut in many years is about to start paying out. Reduced = rates go=20 into effect next week, and refund checks are expected to start hitting = the mail=20 during July. As that happens, the first of the Feds tax cuts, from Jan = 2, should=20 start taking effect on the economy (typically it takes six to nine = months for a=20 rate change to make its way thru the economy). And there are four more = half=20 point cuts right behind that one, along with whatever the Feds do later = today (I=20 still fully expect a qtr pt cut).
 
The economists, analysts and commentators seem to be = about=20 evenly split on whether we will get a qtr pt or a half pt cut today. But = for=20 all, the focus seems to be much more on the language the Feds will use = in their=20 news release of the event. That will give a better picture on whether = this is=20 the final cut for quite some time, and if the Feds see the economy = finally ready=20 to prove a recovery where they can assume a wait and see position at=20 last.
 
FWIW, my personal opinion is that we are not in a = recession,=20 we are not in danger of entering a recession anytime this year, that the = worst=20 of the news (including corporate spending, corporate earnings, = inflation,=20 unemployment, capital spending, housing starts, and a whole bunch of = other=20 topics) are already essentially fully priced into the market, and during = the=20 course of the next three months we will see clear proof of a steady, but = slow,=20 recovery. That will build optimism and investor sentiment for the Fourth = Quarter=20 results.
 
In two weeks, we enter the core of actual earnings = reporting.=20 While the results will be history, the comments the companies make about = the=20 future will be key to where the market goes over the next three months. = In part=20 because of Reg FD (Regulation Full Disclosure), I expect at best guarded = optimism, with little promises given of actual improvement during the = Third=20 Quarter, maybe even the Fourth Quarter. Key to these comments will be = whether=20 the companies themselves think the worst of their business contraction = has=20 ended. If that ends up being essentially what they say, then I think the = present=20 consolidation we have been seeing will form a healthy support base to = carry us=20 higher for the rest of the year.
 
Simply put, I am nearly fully invested, and expect = to remain=20 that way for the balance of this year, and likely well into next=20 year.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
- ------=_NextPart_000_0041_01C0FEE5.CE193BE0-- - - - -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, 27 Jun 2001 08:30:44 -0700 From: Tim Fisher Subject: [CANSLIM] Re: BZH See you didn't get an answer, so I guess I'll take a shot. The #1 reason I don't like BZH, or any homebuilder right now, is because GRS has been dropping for 6 weeks, from 99 to 78, which is not CANSLIM anymore. Charts don't matter a hoot when the stock doesn't make the cut in the first place... Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Wed, 27 Jun 2001 08:42:32 -0700 From: "Nicholas Barone" Subject: Re: [CANSLIM] COH - where's the BEEF FYI http://news.moneycentral.msn.com/sec/mda.asp?Symbol=coh PUBLIC OFFERING OF COMMON STOCK AND EXCHANGE OFFER In October 2000, Coach completed an initial public offering of common stock. In conjunction with this offering, the following transactions occurred: - On July 2, 2000, the receivable from Sara Lee was capitalized into stockholders' net investment. No cash was paid or collected by either party. - On October 2, 2000, Coach assumed $190 million of indebtedness to a subsidiary of Sara Lee resulting in a reduction in equity. - Coach declared and paid a 35 million to 1.0 common stock dividend. PUBLIC OFFERING OF COMMON STOCK AND EXCHANGE OFFER (CONTINUED) - Coach sold 8.5 million shares of common stock in an initial public offering at a price of $16.00 per share. After deducting the underwriting discount and estimated offering expenses, net proceeds of $122 million were received and used to repay a portion of the indebtedness to a subsidiary of Sara Lee resulting in the then remaining obligation of $68 million. In January 2001, this loan was fully paid off by the Company from operating cash flow and drawings on the revolving credit facility. - Coach issued options to purchase 3.2 million shares of our common stock to full time employees and outside members of the Board of Directors at the offering price. - Coach employees elected to convert previously held Sara Lee options into options to purchase 1.2 million shares of our common stock. - Coach employees elected to convert previously held Sara Lee service-based restricted stock units into 0.03 million Coach service-based restricted stock units. - Coach employees elected to convert previously held Sara Lee restricted stock units under deferred compensation agreements, into 0.1 million shares of Coach restricted stock units. In January 2001, Sara Lee commenced an exchange offer to distribute its shares of Coach common stock. - On January 24, 2001, Sara Lee announced its intent to divest its remaining 80.5% ownership in Coach, pursuant to an exchange offer to Sara Lee shareholders. - On January 26, 2001, Coach filed a registration statement on Form S-4 with the Securities and Exchange Commission to begin the exchange offer process. - On March 5, 2001, Sara Lee announced the terms of the exchange offer. - The exchange offer period for stockholders to tender their Sara Lee common shares for Coach common shares concluded on April 4, 2001. The exchange offer was oversubscribed. The distribution was completed after the close of our third fiscal quarter. >From: "Tom Worley" >Reply-To: canslim@lists.xmission.com >To: >Subject: Re: [CANSLIM] COH >Date: Wed, 27 Jun 2001 07:23:27 -0400 > >That's what the datablock on DGO shows. > >Tom Worley >stkguru@netside.net >AIM: TexWorley > >----- Original Message ----- >From: SRP Singh >To: >Sent: Wednesday, June 27, 2001 5:59 AM >Subject: Re: [CANSLIM] COH > > >As per DGO >outstanding shares = 43.5 Million >Float = 6.9 Million >Funds 44% > >But as per Yahoo >outstanding shares = 43.5 Million >Float = 32.2M >· Insider and 5%+ Owners: 26% >· Institutional: 27% (37% of float) > >I failed to rationalize this discrepency. > >Tom, from where did you get data that "management" >only owns 1% of the issue. > >-SRP > >--- Tom Worley wrote: > > The lack of volume, not only today but for the past > > 8 weeks, > > makes it highly suspect in my book. I also note that > > while > > "management" only owns 1% of the issue, there is a > > 36.6 million > > share block unaccounted for between the issue and > > the float > > (issue is only 43.5 million, so this block is huge. > > I would want > > to know who owns that block, and what they are doing > > with it, > > before getting interested. > > > > Tom Worley > > stkguru@netside.net > > AIM: TexWorley > > > > ----- Original Message ----- > > From: Nicholas Barone > > To: > > Sent: Tuesday, June 26, 2001 2:14 PM > > Subject: Re: [CANSLIM] COH > > > > > > COH is breaking out > > > > BUT.... it has no volume > > this is weird > > > > pivot 37 something > > now above old high > > but 1/3 adv > > > > lots of positives on this one > > strange? > > > > comments > > > > NB > > >_______________ _________________________________________________________________ Get your FREE download of MSN Explorer at http://explorer.msn.com - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Wed, 27 Jun 2001 13:05:33 -0400 From: "Dan Forant" Subject: Re: [CANSLIM] Re: BZH Just another not 100% CANSLIM winner for me :-) DanF DanF - ----- Original Message ----- From: "Tim Fisher" To: Sent: Wednesday, June 27, 2001 11:30 AM Subject: [CANSLIM] Re: BZH > See you didn't get an answer, so I guess I'll take a shot. The #1 reason I > don't like BZH, or any homebuilder right now, is because GRS has been > dropping for 6 weeks, from 99 to 78, which is not CANSLIM anymore. Charts > don't matter a hoot when the stock doesn't make the cut in the first place... > > 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. ------------------------------ End of canslim-digest V2 #1531 ****************************** 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.