From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #1602 Reply-To: canslim Sender: owner-canslim-digest@lists.xmission.com Errors-To: owner-canslim-digest@lists.xmission.com Precedence: bulk Content-Transfer-Encoding: quoted-printable X-No-Archive: yes canslim-digest Thursday, August 9 2001 Volume 02 : Number 1602 In this issue: Re: [CANSLIM] M Re: [CANSLIM] 7% loss adds up-? RE: [CANSLIM] 7% loss adds up-? Re: [CANSLIM] 7% loss adds up-? Re: [CANSLIM] 7% loss adds up Re: [CANSLIM] 7% loss adds up Re: [CANSLIM] 7% loss adds up [CANSLIM] Investors corner Re: [CANSLIM] 7% loss adds up [CANSLIM] Check out PHLI Re: [CANSLIM] Check out PHLI [CANSLIM] DGO Upgrades, new releases Re: [CANSLIM] 7% loss adds up ---------------------------------------------------------------------- Date: Wed, 8 Aug 2001 22:25:53 -0400 From: "Dan Forant" Subject: Re: [CANSLIM] M This is a multi-part message in MIME format. - ------=_NextPart_000_003B_01C12059.15D8EA40 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable CANSLIM is fairly simple. Not much to really study, if you read the book = and go down the letters for purchases, how can you go wrong. Providing = the M is there. I abandoned the CANSLIM method in April and have been = doing well using other chart formations. I patiently await the days when = CANSLIM comes back into vogue and I can hold onto a stock for more than = a few hours or days. I never saw a true CANSLIM market as of yet being a = fairly new trader. I did learn not to throw $ away.=20 DanF ----- Original Message -----=20 From: BIKEAR@aol.com=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, August 08, 2001 9:58 PM Subject: Re: [CANSLIM] M so when do you feel that the M will change? It's nice to know that I'm = not=20 the only one down in the dumps...I think that I will sit back and = study the=20 canslim a little more..janis=20 - ------=_NextPart_000_003B_01C12059.15D8EA40 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable

CANSLIM is fairly simple. Not much to = really study,=20 if you read the book and go down the letters for purchases, how can you = go=20 wrong. Providing the M is there. I abandoned the CANSLIM method in April = and=20 have been doing well using other chart formations. I patiently await the = days=20 when CANSLIM comes back into vogue and I can hold onto a stock for more = than a=20 few hours or days. I never saw a true CANSLIM market as of yet being a = fairly=20 new trader. I did learn not to throw $ away.

DanF

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

From:=20 BIKEAR@aol.com

To: canslim@lists.xmission.com=

Sent: Wednesday, August 08, = 2001 9:58=20 PM

Subject: Re: [CANSLIM] M

so when do = you feel=20 that the M will change? It's nice to know that I'm not
the only = one down=20 in the dumps...I think that I will sit back and study the
canslim = a little=20 more..janis - ------=_NextPart_000_003B_01C12059.15D8EA40-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Thu, 09 Aug 2001 00:27:23 -0700 From: Harvey Brion Subject: Re: [CANSLIM] 7% loss adds up-? Good points, Tamas. Your numbers surprised me at first but I finally got the math: 7% of 20% is 1.4% of the total portfolio for each loss. 20 consecutive losses would then = 28% of the total portfolio. Thought I'd mention this in case anyone else is as slow as I am. (Twenty consecutive 8% losses of a 20% stake would result in 32% loss of the total portfolio.) Regarding valuation filters, I suggest we're already using several as part of the standard CANSLIM process. EPS and SMR ratings are valuation filters IMO. Daily Graphs also reports ROE, cash flow, earnings stability, PE and debt which are also measures of the value (or at least the health) of a company. I use all of these in my selections, though obviously not with equal weighting. I suspect WON has included these additional value type parameters in DG because he found that they help in the selection process. "Makara, Tamas" wrote: > I think there are a couple of things that could prevent you from those > small losses adding up too much. > > > If you put 20% of your account in every stock (which I consider a bit > too high) you need more than 20 consecutive 7% losses to loose 30% of > your capital. This means you had to get fully invested more than for > times. I don't think that could happen if you follow the above strategy. > I think the cornerstone and primary objective of CANSLIM is preservation > of capital. > > > One thing I miss from CANSLIM is valuation. OK, in 2000 you could buy > anything it worked. Priceline.com worth more than all the US airlines > together? No problem. But I think applying some valuation filters > besides the usual CANSLIM criteria reduces RISK substantially. - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Thu, 9 Aug 2001 09:21:41 -0400 From: "Jonathan Lien" Subject: RE: [CANSLIM] 7% loss adds up-? I can't imagine how anyone would continue to trade with 20 consecutive losses, let alone 5. I think in this environment, we should just sit tight and not trade too much. Trading for the sake of trading is not my style. - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com] On Behalf Of Harvey Brion Sent: Thursday, August 09, 2001 3:27 AM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] 7% loss adds up-? Good points, Tamas. Your numbers surprised me at first but I finally got the math: 7% of 20% is 1.4% of the total portfolio for each loss. 20 consecutive losses would then = 28% of the total portfolio. Thought I'd mention this in case anyone else is as slow as I am. (Twenty consecutive 8% losses of a 20% stake would result in 32% loss of the total portfolio.) Regarding valuation filters, I suggest we're already using several as part of the standard CANSLIM process. EPS and SMR ratings are valuation filters IMO. Daily Graphs also reports ROE, cash flow, earnings stability, PE and debt which are also measures of the value (or at least the health) of a company. I use all of these in my selections, though obviously not with equal weighting. I suspect WON has included these additional value type parameters in DG because he found that they help in the selection process. "Makara, Tamas" wrote: > I think there are a couple of things that could prevent you from those > small losses adding up too much. > > > If you put 20% of your account in every stock (which I consider a bit > too high) you need more than 20 consecutive 7% losses to loose 30% of > your capital. This means you had to get fully invested more than for > times. I don't think that could happen if you follow the above > strategy. I think the cornerstone and primary objective of CANSLIM is > preservation of capital. > > > One thing I miss from CANSLIM is valuation. OK, in 2000 you could buy > anything it worked. Priceline.com worth more than all the US airlines > together? No problem. But I think applying some valuation filters > besides the usual CANSLIM criteria reduces RISK substantially. - - - -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: Thu, 9 Aug 2001 10:08:37 EDT From: BIKEAR@aol.com Subject: Re: [CANSLIM] 7% loss adds up-? - --part1_92.18b280f8.28a3f365_boundary Content-Type: text/plain; charset="US-ASCII" Content-Transfer-Encoding: 7bit When looking at a stock how much weight do you put on the cash flow and Debt?,,Is it that a debt is ok if there is some cash flow..hope to hear..jani - --part1_92.18b280f8.28a3f365_boundary Content-Type: text/html; charset="US-ASCII" Content-Transfer-Encoding: 7bit When looking at a stock how much weight do you put on the cash flow and
Debt?,,Is it that a debt is ok if there is some cash flow..hope to hear..jani - --part1_92.18b280f8.28a3f365_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: Thu, 9 Aug 2001 08:39:53 -0700 From: "Ian" Subject: Re: [CANSLIM] 7% loss adds up I thought I would add an observation into this thread: I spend a lot of time examing earnings reporters every day - looking for high revenue and EPS growers, with a strong outlook, trading at low historical valuation (based on PEG, P/E, P/S). I am looking for companies with increasing margins, and increasing trading volume, with little overhead resistance in their charts. The current quarters list is poor. This is the weakest overall list I have seen in a long time. I end up with lower-priced, lower ADV stocks than most here, (although I do prefer $11-$20 range issues) and I am not seeing many this quarter. My favourites so far this quarter (which are all holding up very well), are ATRO, USLB, AMRN, CEDC, ELTE, FDCC and NVLD. (I expect ASW to report a quarter on Monday which puts it near the top of the list - I am still holding firmly, as the stock is behaving well). AMRN is the only one which posted truly over-the-top numbers. Revenues tripled sequentially. This quarters huge revenues and earnings seem to have come out of the blue, as the May report never indicated the type of growth they showed. Because of the weak EPS ranking in May (and the low price and non-existant ADV), I never mentioned it to the group back when it was $8.60 just 2 1/2 months ago :( However, the overall list, compared to earlier quarters is very weak. There are very few sectors where the overall market can 'hide'. Financials, energy, oil services, gaming, homebuilders have all weakened (financials the least - but with reports of lower deposits and increasing defaults, it is just a matter of time). I don't think that it is any surprise that almost everyone is having a lot of trouble going long in this market - it is broad-based ugly (which is quite different from last year). There is a great interview with Jeremy Grantham in this weeks Barron's that helps put a perspective on how long this might last. It is at http://interactive.wsj.com/articles/SB996892296428983376.htm if you subscribe. I suspect this is going to be a stockpickers market for quite some time now - no way just throwing money at any old cup & handle will work. However, I do believe that CANSLIM is the way to go, as long as it is coupled with a valuation filter that avoids extremely high P/S or PEG companies. It will leave you with lower-priced, lower ADV stocks - but as long as they are trading near their highs, with increasing volume, the path of least resistance whould be up. Cheers, Ian - ----- Original Message ----- From: Dave Cameron To: Sent: Tuesday, August 07, 2001 5:15 AM Subject: Re: [CANSLIM] 7% loss adds up > Not sure if I can provide inspiration - but commisseration. > > I'd previously posted that I made money last year, but am > down 30% this year. I don't take more than a 10% > loss, nor have I ever put more than 25% of my trading > equity in one position - but I have enough losses this > year - with only one gain - to get me there. > > I've simply stopped trading for the time being. > > Aside from Tom Worley, it doesn't seem CANSLIM is > working for any of us this year. > > Dave > > --- BIKEAR@aol.com wrote: > > I believe when buying a stock to put a stop but the problem is the > > 7% stops > > are adding up and I can not find any gains...........Last year when > > I got > > into the CANSLIM I did better for some reason...my gain was 20% but > > I am > > going down hill real fast...I guess it goes with my > > life.........need some > > inspiration please janis (widget) > > > > > ===== > Dave Cameron > dfcameron@yahoo.com > > __________________________________________________ > Do You Yahoo!? > Make international calls for as low as $.04/minute with Yahoo! Messenger > http://phonecard.yahoo.com/ > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Thu, 9 Aug 2001 12:24:13 EDT From: Vanchee1@aol.com Subject: Re: [CANSLIM] 7% loss adds up - --part1_c3.146c136c.28a4132d_boundary Content-Type: text/plain; charset="US-ASCII" Content-Transfer-Encoding: 7bit Ian, nice post. Chris. - --part1_c3.146c136c.28a4132d_boundary Content-Type: text/html; charset="US-ASCII" Content-Transfer-Encoding: 7bit Ian, nice post.

Chris. - --part1_c3.146c136c.28a4132d_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: Thu, 9 Aug 2001 12:47:42 -0700 From: "Mike Lucero" Subject: Re: [CANSLIM] 7% loss adds up Someone mentioned PE filters and David Ryan. At an IBD seminar, David Ryan said he filtered stocks for PE less than twice the PE of the S&P500. - ----- Original Message ----- From: "Ian" To: Sent: Thursday, August 09, 2001 8:39 AM Subject: Re: [CANSLIM] 7% loss adds up > I thought I would add an observation into this thread: > > I spend a lot of time examing earnings reporters every day - looking for > high revenue and EPS growers, with a strong outlook, trading at low > historical valuation (based on PEG, P/E, P/S). I am looking for companies > with increasing margins, and increasing trading volume, with little overhead > resistance in their charts. > > The current quarters list is poor. This is the weakest overall list I have > seen in a long time. I end up with lower-priced, lower ADV stocks than most > here, (although I do prefer $11-$20 range issues) and I am not seeing many > this quarter. > > My favourites so far this quarter (which are all holding up very well), are > ATRO, USLB, AMRN, CEDC, ELTE, FDCC and NVLD. (I expect ASW to report a > quarter on Monday which puts it near the top of the list - I am still > holding firmly, as the stock is behaving well). > > AMRN is the only one which posted truly over-the-top numbers. Revenues > tripled sequentially. This quarters huge revenues and earnings seem to have > come out of the blue, as the May report never indicated the type of growth > they showed. Because of the weak EPS ranking in May (and the low price and > non-existant ADV), I never mentioned it to the group back when it was $8.60 > just 2 1/2 months ago :( > > However, the overall list, compared to earlier quarters is very weak. There > are very few sectors where the overall market can 'hide'. Financials, > energy, oil services, gaming, homebuilders have all weakened (financials the > least - but with reports of lower deposits and increasing defaults, it is > just a matter of time). > > I don't think that it is any surprise that almost everyone is having a lot > of trouble going long in this market - it is broad-based ugly (which is > quite different from last year). > > There is a great interview with Jeremy Grantham in this weeks Barron's that > helps put a perspective on how long this might last. It is at > http://interactive.wsj.com/articles/SB996892296428983376.htm if you > subscribe. > > I suspect this is going to be a stockpickers market for quite some time > now - no way just throwing money at any old cup & handle will work. However, > I do believe that CANSLIM is the way to go, as long as it is coupled with a > valuation filter that avoids extremely high P/S or PEG companies. It will > leave you with lower-priced, lower ADV stocks - but as long as they are > trading near their highs, with increasing volume, the path of least > resistance whould be up. > > Cheers, > > Ian > > > ----- Original Message ----- > From: Dave Cameron > To: > Sent: Tuesday, August 07, 2001 5:15 AM > Subject: Re: [CANSLIM] 7% loss adds up > > > > Not sure if I can provide inspiration - but commisseration. > > > > I'd previously posted that I made money last year, but am > > down 30% this year. I don't take more than a 10% > > loss, nor have I ever put more than 25% of my trading > > equity in one position - but I have enough losses this > > year - with only one gain - to get me there. > > > > I've simply stopped trading for the time being. > > > > Aside from Tom Worley, it doesn't seem CANSLIM is > > working for any of us this year. > > > > Dave > > > > --- BIKEAR@aol.com wrote: > > > I believe when buying a stock to put a stop but the problem is the > > > 7% stops > > > are adding up and I can not find any gains...........Last year when > > > I got > > > into the CANSLIM I did better for some reason...my gain was 20% but > > > I am > > > going down hill real fast...I guess it goes with my > > > life.........need some > > > inspiration please janis (widget) > > > > > > > > > ===== > > Dave Cameron > > dfcameron@yahoo.com > > > > __________________________________________________ > > Do You Yahoo!? > > Make international calls for as low as $.04/minute with Yahoo! Messenger > > http://phonecard.yahoo.com/ > > > > - > > -To subscribe/unsubscribe, email "majordomo@xmission.com" > > -In the email body, write "subscribe canslim" or > > -"unsubscribe canslim". Do not use quotes in your email. > > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. > - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Thu, 9 Aug 2001 17:26:24 EDT From: Vanchee1@aol.com Subject: [CANSLIM] Investors corner - --part1_6c.e3a76c5.28a45a00_boundary Content-Type: text/plain; charset="US-ASCII" Content-Transfer-Encoding: 7bit Good article in today's IBD (investors corner) about how fast the market could turn and not trying to pick the bottom. We should at least have a watch list of stocks if we are not invested, so we don't get left out when the market does turn. Personally I expect to see the turn sooner than later. The market is always looking out at least 6 months ahead. Chris. - --part1_6c.e3a76c5.28a45a00_boundary Content-Type: text/html; charset="US-ASCII" Content-Transfer-Encoding: 7bit Good article in today's IBD (investors corner) about how fast the market
could turn and not trying to pick the bottom. We should at least have a watch
list of stocks if we are not invested, so we don't get left out when the
market does turn. Personally I expect to see the turn sooner than later. The
market is always looking out at least 6 months ahead.

Chris.
- --part1_6c.e3a76c5.28a45a00_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: Thu, 9 Aug 2001 17:53:46 EDT From: Spencer48@aol.com Subject: Re: [CANSLIM] 7% loss adds up Bill et al, In my opinion DB is right on the money-as is Tim. Now is not the time 'to be in the mkt. M is, I believe, the most substantial component of CANSLIM: WON says without M being bullish, 75-80% of the strongest stocks will fall. Moreover, in a recent Investors Corner, IBD interviewed a mutual fund manager who said that when a lot of BO's fail there is something wrong with the market. Now it would be nice to know which strong stock won't fall-but such a certitude is not in the cards. I believe Tom was very fortunate in picking the right stock-but it was serendipity that it behaved as it did. Moreover, how in the world do you know it's the right stock until it performs. In a bull mkt. at least, using CANSLIM and Tom's research methods which focus on very high earnings growth, the odds will be on your side-and instead of a Los Vegas gamble investors and speculators are really more into EDUCATED guesses-with the House being on their side. Tom, this would be a good time to ask. Are you still buying now? If a person is a short-intermediate investor would you suggest to buy now? I would like (and I am sure other CANSLIMers would to) to hear your views on M as it relates to the market, and whether or not CANSLIMers should buy-on a BO-each leading stock in a leading group Personally, I believe Patti said it all (and I'm paraphrasing): Now is the time to Conserve Your Capital-not blow it to smithereens! Tom, I really would be interested in your views. jans In a message dated 8/8/01 12:05:14 AM Eastern Daylight Time, btriffet@earthlink.net writes: << Tom, And a great year for you indead, Congrats! Now, just to "level the playing field" so to speak - how was your year minus that certain big winner you've had (can't recall the name just now). I've had a zero profit year except for my short lived holdings of ROYL and IART that covered my ytd losses. I guess my point is that perhaps if you can find one or two great ones in the midst of failed breakouts you can still do quite well - even in a tough market. -Bill Triffet ... in cash...for now. ----- Original Message ----- From: "Tom Worley" To: Sent: Tuesday, August 07, 2001 5:30 PM Subject: Re: [CANSLIM] 7% loss adds up Anna, Db used to be a member of this group, may still be. On the other hand, I am not willing to give up my 48% gains this year, and still am trying to meet my goal of a 100% gain for the year. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message ----- From: Anna Sosis To: canslim@lists.xmission.com Sent: Tuesday, August 07, 2001 7:56 PM Subject: Re: [CANSLIM] 7% loss adds up Oh, after I posted the message, I found this on fools.com: >>With regard to CANSLIM, my specific stop strategy is to stop buying anything. --Db<< >> - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Thu, 9 Aug 2001 15:27:33 -0700 From: "Ian" Subject: [CANSLIM] Check out PHLI This is a multi-part message in MIME format. - ------=_NextPart_000_00A0_01C120E7.CFA6E4C0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Tom: Here's one for you to look into - PHLI. It sold for $0.25 on Dec 21/22, = and is now up to $5.35. But are they onto something? The markets for = gatorade/powerade etc... are huge - = http://biz.yahoo.com/bw/010807/2381.html Ian - ------=_NextPart_000_00A0_01C120E7.CFA6E4C0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable

Tom:

Here's one for you to look into - PHLI. It sold for = $0.25 on=20 Dec 21/22, and is now up to $5.35. But are they onto something? The = markets for=20 gatorade/powerade etc... are huge - http://biz.yahoo.com/bw= /010807/2381.html

Ian

- ------=_NextPart_000_00A0_01C120E7.CFA6E4C0-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Thu, 9 Aug 2001 16:00:50 -0700 From: "Ian" Subject: Re: [CANSLIM] Check out PHLI This is a multi-part message in MIME format. - ------=_NextPart_000_00B2_01C120EC.75967590 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable An apology to all. I used an old email to get the email address, and = thought I was replying to Tom personally. I didn't mean to post this to = the group. PHLI is definitely, unequivocally, 100% NOT a CANSLIM stock = ... it just caught my eye with 160% revenue growth, and 2700% EPS = growth. Ian ----- Original Message -----=20 From: Ian=20 To: canslim@lists.xmission.com=20 Sent: Thursday, August 09, 2001 3:27 PM Subject: [CANSLIM] Check out PHLI Tom: Here's one for you to look into - PHLI. It sold for $0.25 on Dec = 21/22, and is now up to $5.35. But are they onto something? The markets = for gatorade/powerade etc... are huge - = http://biz.yahoo.com/bw/010807/2381.html Ian - ------=_NextPart_000_00B2_01C120EC.75967590 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable

An apology to all. I used an old email to get the = email=20 address, and thought I was replying to Tom personally. I didn't mean to = post=20 this to the group. PHLI is definitely, unequivocally, 100% NOT a CANSLIM = stock=20 ... it just caught my eye with 160% revenue growth, and 2700% EPS=20 growth.

Ian

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

From:=20 Ian =

To: canslim@lists.xmission.com =

Sent: Thursday, August 09, 2001 = 3:27=20 PM

Subject: [CANSLIM] Check out = PHLI

Tom:

Here's one for you to look into - PHLI. It sold = for $0.25 on=20 Dec 21/22, and is now up to $5.35. But are they onto something? The = markets=20 for gatorade/powerade etc... are huge - http://biz.yahoo.com/bw= /010807/2381.html

Ian

- ------=_NextPart_000_00B2_01C120EC.75967590-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Thu, 9 Aug 2001 18:56:49 -0400 From: "Tom Worley" Subject: [CANSLIM] DGO Upgrades, new releases This is a multi-part message in MIME format. - ------=_NextPart_000_000C_01C12105.0BC816A0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable No time frame given, but some more news. No surprise, extra cost = eventually for the new stand alone products, but at least we subscribers = will get to beta test them first. Tom Worley stkguru@netside.net AIM: TexWorley - ----- Original Message -----=20 From: Custserv@dailygraphs.com=20 To: stkguru@netside.net=20 Sent: Thursday, August 09, 2001 3:14 PM Subject:=20 Hi Tom, Thanks for your e-mail. When the new site is launched, it will be very much exactly what you are used to seeing, just delivered over a different platform. Instead of downloading software, you will get to our service through your internet browser. Some new features will be Weekly and Intra-Day charts. You will be allowed to beta test this product as long as your current subscription is active. We are then going to roll out some new products that only active DGOnline subscribers will be able to beta test for free. These products will eventually be offered as stand alone products. They will require separate subscriptions. The very first product that will be offered after the new release will be Daily Graphs Custom Screens. When the new site is ready, we will be sending e-mail invitations. Thanks, Gail Daily Graphs Online Sender : stkguru@netside.net Tracking Number : T200108070046Z754385 Pool : Daily Graphs Online Sent to : Date : 8/8/01 3:32 PM _____ _____ Thanks, Gail, I still hope someday to see the "New Highs" report and the "stocks with RS/EPS of 80 or better and within 5% of their high" include all Naz and listed stocks, rather than just those in the DG books. Will the new site also provide any more screening tools? Right now I must use CBS Marketwatch to obtain daily lists of stocks hitting new highs so that I get to screen for all stocks, and can also screen for price and size of market cap and volume. Thanks again, Tom Worley stkguru@netside.net AIM: TexWorley - ------=_NextPart_000_000C_01C12105.0BC816A0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable

No time frame given, but some more news. No = surprise, extra=20 cost eventually for the new stand alone products, but at least we = subscribers=20 will get to beta test them first.

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

----- Original Message -----=20

From: Custserv@dailygraphs.com

To: stkguru@netside.net

Sent: Thursday, August 09, 2001 3:14 PM

Subject:

Hi Tom,

Thanks for your e-mail.
When the new site is = launched, it=20 will be very much exactly what you are
used to seeing, just delivered = over a=20 different platform. Instead of
downloading software, you will get to = our=20 service through your internet
browser. Some new features will be = Weekly and=20 Intra-Day charts.

You will be allowed to beta test this product = as long=20 as your current
subscription is active. We are then going to roll out = some=20 new products
that only active DGOnline subscribers will be able to = beta test=20 for
free. These products will eventually be offered as stand alone=20 products.
They will require separate subscriptions. The very first = product=20 that
will be offered after the new release will be Daily Graphs=20 Custom
Screens.

When the new site is ready, we will be sending = e-mail=20 invitations.

Thanks,

Gail
Daily Graphs = Online

Sender=20 : stkguru@netside.net

Tracki= ng=20 Number : T200108070046Z754385

Pool : Daily Graphs = Online

Sent to :=20 <Custserv@dailygraphs.com>=

Date=20 : 8/8/01 3:32 PM
_____

_____

Thanks,=20 Gail,

I still hope someday to see the "New Highs" report and the = "stocks=20 with
RS/EPS of 80 or better and within 5% of their high" = include all=20 Naz and
listed stocks, rather than just those in the DG = books.

Will=20 the new site also provide any more screening tools? Right now I
must = use CBS=20 Marketwatch to obtain daily lists of stocks hitting new
highs so that = I get=20 to screen for all stocks, and can also screen for
price and size of = market=20 cap and volume.

<snip>

Thanks again,

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

- ------=_NextPart_000_000C_01C12105.0BC816A0-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Thu, 9 Aug 2001 20:03:05 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] 7% loss adds up This is a multi-part message in MIME format. - ------=_NextPart_000_0058_01C1210E.4E1767A0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi jans, I am currently (and have been for well over a month) 90% invested in my = IRA. I am also (unfortunately) about 88% invested in my 301K (it hasn't = done nearly as well). I recently funded my margin acct with the cash = from having to sell my company stock, and repatriated that money from = Euro to USD. I have a GTC buy order in place for my IRA for several = weeks now to add to a position I opened just over a month ago. = Unfortunately, the stock won't weaken enough to meet my limit. May end = up reducing the quantity some, and raising the limit, as that order = would take the rest of my available cash. I am also trying to buy more EPIQ in my margin acct, but Schwab refuses = to let me margin it as they claim there is not sufficient liquidity = (they claim the daily average volume of 262,000 shares is almost = (200,000) all institutional trading. I haven't found another marginable = small cap stock yet for the rest of the money in my margin account. And, BTW, EPIQ's run up of 550% in about 14 months was anything but = serendipity. It was based on solid fundamentals, excellent growth, = strong market position in a niche software product, competitive product = capable of taking business away from J. P. Morgan Chase (their only real = competitor), and doing well in a strong economy with a product that = could only benefit from a weakening economy (selling software to = bankruptcy trustees for more effective and efficient management of = bankruptcy estates).=20 As far as "M" is concerned, right now it stinks. Most investors of any = term (short, intermediate, long) should be 100% in cash and watching = from the sidelines. I am a risk taker, I have said that before. If I = wasn't, I would not restrict myself to small and micro cap stocks that = are not only thinly traded, but of a low price. I am troubled that the = first of the Fed rate cuts still do not seem to be strengthening the = economy. Inventories have remained too high (too much optimism by = manufacturers??). Unemployment appears to be stabilizing. Inflation is a = non-event. The dollar remains strong, which hurts US companies that = export. Japan's economy is probably now in a recession again, = confirmation coming in a few weeks, with little solid action by a new = government to make the fundamental changes necessary, painful tho they = will be. And Japan is important, because it is the second largest = economy in the world. California (the world's fifth largest economy) has = been hurt by the energy crises there, and I don't see that effectively = resolved. Oil prices are falling, and production cuts are not likely to = prevent that, but that is because of global demand falling because of = weak economies around the world. Everyone expects a rate cut by the Feds = at the 8/21 meeting, but this week's reports now suggest it may even be = a half point rather than a qtr point so as to get the idea across that = the Feds are serious about preventing a recession. Tax rebate checks are = starting to arrive, and be spent. That will help, but only briefly. = Corporate earnings are probably bottoming out, but will take another = quarter or two to confirm, and may take that long to renew confidence = for investors. The Beige Book for the upcoming meeting was particularly = bleak, even for the Feds. Mortgage rates have not dropped significantly from the last several rate = cuts, another cut is unlikely to change this, so the housing market may = again start weakening, and it's been one of the strong remaining = sectors. I am concentrating my investing in companies that I believe will do well = for the next several years due to their products or service. They must = also continue to show strong earnings and sales growth and acceleration. = I am not a group follower, I don't study stocks from a group = perspective. I find top performing stocks, glance at the group, and = study the individual stock. So, of course, I would never suggest that = someone else buy the top stock in a top group, since I don't invest that = way. Most of the stocks that I buy are not even shown in the top six of = a group in DGO, because they are not yet in the DG books. Yet most = usually rank in the top three based on RS and EPS. I find them because = they are hitting new highs in an ugly market, not because they happen to = be (or not to be) in a top performing group. As for buying on a breakout, I said before no one but me and those other = risk takers should be in the market. Too many of our members are = reporting that strong stocks are breaking out, only to fail. You have to = take that seriously. Play them on paper, sharpen your skills, when they = fail, try to see what you might have missed (maybe nothing) that would = have warned you either not to enter, or to have exited before the = failure. Don't become a day trader (unless you want to be) just because = you think that's the only way to make money in this market. You also = make money (just less) staying in a money market and preserving your = capital. A loss avoided is a loss avoided. Hope this answers your question, sorry to dominate and control so much = band width, and the group, Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Spencer48@aol.com=20 To: canslim@lists.xmission.com=20 Sent: Thursday, August 09, 2001 5:53 PM Subject: Re: [CANSLIM] 7% loss adds up Bill et al, In my opinion DB is right on the money-as is Tim. Now is not the = time=20 'to be in the mkt. M is, I believe, the most substantial component of = CANSLIM: WON says without M being bullish, 75-80% of the strongest = stocks=20 will fall. Moreover, in a recent Investors Corner, IBD interviewed a = mutual=20 fund manager who said that when a lot of BO's fail there is something = wrong=20 with the market. Now it would be nice to know which strong stock won't fall-but = such a=20 certitude is not in the cards. I believe Tom was very fortunate in = picking=20 the right stock-but it was serendipity that it behaved as it did. = Moreover,=20 how in the world do you know it's the right stock until it performs. = In a=20 bull mkt. at least, using CANSLIM and Tom's research methods which = focus on=20 very high earnings growth, the odds will be on your side-and instead = of a Los=20 Vegas gamble investors and speculators are really more into EDUCATED=20 guesses-with the House being on their side. Tom, this would be a good time to ask. Are you still buying now? = If a=20 person is a short-intermediate investor would you suggest to buy now? = I=20 would like (and I am sure other CANSLIMers would to) to hear your = views on M=20 as it relates to the market, and whether or not CANSLIMers should = buy-on a=20 BO-each leading stock in a leading group =20 Personally, I believe Patti said it all (and I'm paraphrasing): = Now is=20 the time to Conserve Your Capital-not blow it to smithereens! Tom, I = really=20 would be interested in your views. jans In a message dated 8/8/01 12:05:14 AM Eastern Daylight Time,=20 btriffet@earthlink.net writes: << Tom, =20 And a great year for you indead, Congrats! Now, just to "level the = playing field" so to speak - how was your year minus that certain big winner = you've had (can't recall the name just now). I've had a zero profit year = except for my short lived holdings of ROYL and IART that covered my ytd losses. =20 I guess my point is that perhaps if you can find one or two great = ones in the midst of failed breakouts you can still do quite well - even in a = tough market. =20 -Bill Triffet ... in cash...for now. =20 =20 ----- Original Message ----- From: "Tom Worley" To: Sent: Tuesday, August 07, 2001 5:30 PM Subject: Re: [CANSLIM] 7% loss adds up =20 =20 Anna, =20 Db used to be a member of this group, may still be. On the other = hand, I am not willing to give up my 48% gains this year, and still am trying to = meet my goal of a 100% gain for the year. =20 Tom Worley stkguru@netside.net AIM: TexWorley =20 ----- Original Message ----- From: Anna Sosis To: canslim@lists.xmission.com Sent: Tuesday, August 07, 2001 7:56 PM Subject: Re: [CANSLIM] 7% loss adds up =20 =20 Oh, after I posted the message, I found this on fools.com: =20 >>With regard to CANSLIM, my specific stop strategy is to stop buying anything. =20 --Db<< =20 >> - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. - ------=_NextPart_000_0058_01C1210E.4E1767A0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable

Hi jans,

I am currently (and have been for well over a month) = 90%=20 invested in my IRA. I am also (unfortunately) about 88% invested in my = 301K (it=20 hasn't done nearly as well). I recently funded my margin acct with the = cash from=20 having to sell my company stock, and repatriated that money from Euro to = USD. I=20 have a GTC buy order in place for my IRA for several weeks now to add to = a=20 position I opened just over a month ago. Unfortunately, the stock won't = weaken=20 enough to meet my limit. May end up reducing the quantity some, and = raising the=20 limit, as that order would take the rest of my available = cash.

I am also trying to buy more EPIQ in my margin acct, = but=20 Schwab refuses to let me margin it as they claim there is not sufficient = liquidity (they claim the daily average volume of 262,000 shares is = almost=20 (200,000) all institutional trading. I haven't found another marginable = small=20 cap stock yet for the rest of the money in my margin = account.

And, BTW, EPIQ's run up of 550% in about 14 months = was=20 anything but serendipity. It was based on solid fundamentals, excellent = growth,=20 strong market position in a niche software product, competitive product = capable=20 of taking business away from J. P. Morgan Chase (their only real = competitor),=20 and doing well in a strong economy with a product that could only = benefit from a=20 weakening economy (selling software to bankruptcy trustees for more = effective=20 and efficient management of bankruptcy estates).

As far as "M" is concerned, right now it stinks. = Most=20 investors of any term (short, intermediate, long) should be 100% in cash = and=20 watching from the sidelines. I am a risk taker, I have said that before. = If I=20 wasn't, I would not restrict myself to small and micro cap stocks that = are not=20 only thinly traded, but of a low price. I am troubled that the first of = the Fed=20 rate cuts still do not seem to be strengthening the economy. Inventories = have=20 remained too high (too much optimism by manufacturers??). Unemployment = appears=20 to be stabilizing. Inflation is a non-event. The dollar remains strong, = which=20 hurts US companies that export. Japan's economy is probably now in a = recession=20 again, confirmation coming in a few weeks, with little solid action by a = new=20 government to make the fundamental changes necessary, painful tho they = will be.=20 And Japan is important, because it is the second largest economy in the = world.=20 California (the world's fifth largest economy) has been hurt by the = energy=20 crises there, and I don't see that effectively resolved. Oil prices are = falling,=20 and production cuts are not likely to prevent that, but that is because = of=20 global demand falling because of weak economies around the world. = Everyone=20 expects a rate cut by the Feds at the 8/21 meeting, but this week's = reports now=20 suggest it may even be a half point rather than a qtr point so as to get = the=20 idea across that the Feds are serious about preventing a recession. Tax = rebate=20 checks are starting to arrive, and be spent. That will help, but only = briefly.=20 Corporate earnings are probably bottoming out, but will take another = quarter or=20 two to confirm, and may take that long to renew confidence for = investors. The=20 Beige Book for the upcoming meeting was particularly bleak, even for the = Feds.

Mortgage rates have not dropped significantly from = the last=20 several rate cuts, another cut is unlikely to change this, so the = housing market=20 may again start weakening, and it's been one of the strong remaining=20 sectors.

I am concentrating my investing in companies that I = believe=20 will do well for the next several years due to their products or = service. They=20 must also continue to show strong earnings and sales growth and = acceleration. I=20 am not a group follower, I don't study stocks from a group perspective. = I find=20 top performing stocks, glance at the group, and study the individual = stock. So,=20 of course, I would never suggest that someone else buy the top stock in = a top=20 group, since I don't invest that way. Most of the stocks that I buy are = not even=20 shown in the top six of a group in DGO, because they are not yet in the = DG=20 books. Yet most usually rank in the top three based on RS and EPS. I = find them=20 because they are hitting new highs in an ugly market, not because they = happen to=20 be (or not to be) in a top performing group.

As for buying on a breakout, I said before no one = but me and=20 those other risk takers should be in the market. Too many of our members = are=20 reporting that strong stocks are breaking out, only to fail. You have to = take=20 that seriously. Play them on paper, sharpen your skills, when they fail, = try to=20 see what you might have missed (maybe nothing) that would have warned = you either=20 not to enter, or to have exited before the failure. Don't become a day = trader=20 (unless you want to be) just because you think that's the only way to = make money=20 in this market. You also make money (just less) staying in a money = market and=20 preserving your capital. A loss avoided is a loss avoided.

Hope this answers your question, sorry to dominate = and control=20 so much band width, and the group,

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

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

From:=20 Spencer48@aol.com

To: canslim@lists.xmission.com =

Sent: Thursday, August 09, 2001 = 5:53=20 PM

Subject: Re: [CANSLIM] 7% loss = adds=20 up

Bill et al,

     In my = opinion DB is=20 right on the money-as is Tim. Now is not the time
'to be in = the=20 mkt. M is, I believe, the most substantial component of=20
CANSLIM: WON says without M being bullish, 75-80% of the = strongest=20 stocks
will fall. Moreover, in a recent Investors Corner, = IBD=20 interviewed a mutual
fund manager who said that when a lot = of BO's=20 fail there is something wrong
with the=20 market.

     Now it would be nice to know = which=20 strong stock won't fall-but such a
certitude is not in the = cards. I=20 believe Tom was very fortunate in picking
the right stock-but it = was=20 serendipity that it behaved as it did. Moreover,
how in the = world do=20 you know it's the right stock until it performs. In a
bull = mkt. at=20 least, using CANSLIM and Tom's research methods which focus on =
very high=20 earnings growth, the odds will be on your side-and instead of a Los =
Vegas=20 gamble investors and speculators are really more into EDUCATED=20
guesses-with the House being on their=20 side.

     Tom, this would be a good time = to=20 ask. Are you still buying now? If a
person is a=20 short-intermediate investor would you suggest to buy now? = I=20
would like (and I am sure other CANSLIMers would to) to hear your = views on=20 M
as it relates to the market, and whether or not CANSLIMers = should buy-on=20 a
BO-each leading stock in a leading group =20

     Personally, I believe Patti said it = all (and=20 I'm paraphrasing): Now is
the time to Conserve Your = Capital-not blow=20 it to smithereens! Tom, I really
would be interested in your = = views.

          = ;            =             &= nbsp;           &n= bsp;           &nb= sp;=20 jans
In a message dated 8/8/01 12:05:14 AM Eastern Daylight Time, =
btriffet@earthlink.net=20 writes:

<< Tom,

And a great year for = you=20 indead, Congrats! Now, just to "level the playing
field" so = to speak=20 - how was your year minus that certain big winner you've
had = (can't=20 recall the name just now). I've had a zero profit year except = for
my=20 short lived holdings of ROYL and IART that covered my ytd=20 losses.

I guess my point is that perhaps if you can = find=20 one or two great ones in
the midst of failed breakouts you = can still=20 do quite well - even in a = tough
market.

-Bill=20 Triffet ... in cash...for now.

----- = Original=20 Message -----
From: "Tom Worley" <stkguru@netside.net>
= To:=20 <canslim@lists.xmission.com= >
Sent:=20 Tuesday, August 07, 2001 5:30 PM
Subject: Re: [CANSLIM] 7% = loss adds=20 up

Anna,

Db used to be = a=20 member of this group, may still be. On the other hand, I = am
not=20 willing to give up my 48% gains this year, and still am trying to=20 meet
my goal of a 100% gain for the = year.

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

   ----- Original Message=20 -----
   From: Anna Sosis
   To: canslim@lists.xmission.com=
  =20 Sent: Tuesday, August 07, 2001 7:56 PM
   Subject: Re: = [CANSLIM]=20 7% loss adds up

   Oh, after I posted = the=20 message, I found this on
   = fools.com:

  =20 >>With regard to CANSLIM, my specific stop strategy = is
  =20 to stop buying anything.

  =20 --Db<<

>>

-
-To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim". Do=20 not use quotes in your email.
- ------=_NextPart_000_0058_01C1210E.4E1767A0-- - - - -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 #1602 ****************************** 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.