From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #1626 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 23 2001 Volume 02 : Number 1626 In this issue: Re: [CANSLIM] 8/18/01 Industry Group rankings w/ top stocks Re: [CANSLIM] the economy [CANSLIM] LLUR in IBD Re: [CANSLIM] LLUR in IBD Re: [CANSLIM] LLUR in IBD Re: [CANSLIM] the economy Re: [CANSLIM] LLUR in IBD Re: [CANSLIM] where is everyone? ---------------------------------------------------------------------- Date: Wed, 22 Aug 2001 12:33:12 -0400 From: "Dan Forant" Subject: Re: [CANSLIM] 8/18/01 Industry Group rankings w/ top stocks Jerry, my favorite post of the week. This file is good stuff. DanF - ----- Original Message ----- From: "Jerry Sparrow" To: "Canslim Group (E-mail)" ; "Stan Smith (E-mail)" Sent: Wednesday, August 22, 2001 8:00 AM Subject: [CANSLIM] 8/18/01 Industry Group rankings w/ top stocks > Attached is an Excel file that has the top 50 Industry Group Rankings with > the top 5 stocks over $10. Also notice that the entire group has an average > return of 27.9% since January 1st. Wouldn't I love to have those returns. > > > <<81801 Industry Group Rank.xls>> > > > > Jerry Sparrow, CPA > Corporate Controller > Biscuitville Restaurants, Inc. > > > > **************************************************************************** ********************** > The Firelan(tm) Virus Scanning Service has scanned this email for viruses, vandals > and malicious content. > http://www.firelan.net > **************************************************************************** ********************** > - - - -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, 22 Aug 2001 16:59:28 -0600 From: esetser Subject: Re: [CANSLIM] the economy At 10:43 PM 8/21/01 -0600, you wrote: >Hi Dave > ... >I don't see how anyone can use the Fed rate changes themselves as a trigger >to jump in 100% into stocks. The general market averages still need to be >trending up and there needs to be plenty of stocks with strong fundamentals >and valid pattern setups. I see how you can use this. It's called history. Prior to this year, the market had already bottomed EVERY TIME if there were 2 fed cuts. That's right, every time in history, 2 fed cuts ensured that the market moved up. Well, I think we have taken that out this time with our bottom in April (after several cuts). I, for two, also thought this was a good confirmation for getting in during April (along with all of the IBD optimism). - - - -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, 22 Aug 2001 17:04:36 -0600 From: esetser Subject: [CANSLIM] LLUR in IBD I'm surprised no one else noted this, but I think I found LLUR in IBD this week! Yes, it's in "Investor's Corner" on Tuesday. The name they use is "Ascending Base" and they discuss QCOM as an example of such a stock. Basically, they say to consider the slope of the rise as the base and watch for breakouts. "Picture a normal cup-with-handle base that's been tilted higher." They call these bases rare, but very powerful. Well guys and gals, there you go. I think our LLUR has made it into CANSLIM officially. - - - -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, 22 Aug 2001 16:17:34 -0700 From: "Bill Triffet" Subject: Re: [CANSLIM] LLUR in IBD I thought the very same thing. The test is to not confuse it with the upward trending handle which is prone to failure. - -Bill Triffet - ----- Original Message ----- From: "esetser" To: Sent: Wednesday, August 22, 2001 4:04 PM Subject: [CANSLIM] LLUR in IBD > I'm surprised no one else noted this, but I think I found LLUR in IBD this > week! Yes, it's in "Investor's Corner" on Tuesday. The name they use is > "Ascending Base" and they discuss QCOM as an example of such a stock. > Basically, they say to consider the slope of the rise as the base and watch > for breakouts. "Picture a normal cup-with-handle base that's been tilted > higher." They call these bases rare, but very powerful. Well guys and > gals, there you go. I think our LLUR has made it into CANSLIM officially. > > - > -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, 22 Aug 2001 20:57:58 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] LLUR in IBD This is a multi-part message in MIME format. - ------=_NextPart_000_0017_01C12B4D.1F857280 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Only problem with that is that: a) I would never call QCOM's present chart a LLUR, b) I see no evidence of a c&h formation on QCOM, and c) a true b/o on a LLUR chart is actually the signal to tighten up your = selling trigger finger, as it breaks the pattern. Calling a true LLUR (Lower Left Upper Right) chart an "ascending base" = would seem to me to be an appropriate name change if you wanted to avoid = admitting that this group membership might have invented something new = (wouldn't be the first time that I was convinced that our discussions = resulted in an unattributed article in IBD). While the IBD description = does sound like a description of what we call LLUR, the example stinks. = QCOM's chart to me appears more of a wedging pattern since mid-May = (lower highs, higher lows). BTW, I am back operational, had to replace the monitor, but upgraded the = RAM 67% to 40K in the process. So now I really can dominate! Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: esetser=20 To: canslim@xmission.com=20 Sent: Wednesday, August 22, 2001 7:04 PM Subject: [CANSLIM] LLUR in IBD I'm surprised no one else noted this, but I think I found LLUR in IBD = this week! Yes, it's in "Investor's Corner" on Tuesday. The name they use = is "Ascending Base" and they discuss QCOM as an example of such a stock. Basically, they say to consider the slope of the rise as the base and = watch for breakouts. "Picture a normal cup-with-handle base that's been = tilted higher." They call these bases rare, but very powerful. Well guys = and gals, there you go. I think our LLUR has made it into CANSLIM = officially. - -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_0017_01C12B4D.1F857280 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Only problem with that is that:
 
a) I would never call QCOM's present chart a=20 LLUR,
 
b) I see no evidence of a c&h formation on QCOM, = and
 
c) a true b/o on a LLUR chart is actually the signal = to=20 tighten up your selling trigger finger, as it breaks the = pattern.
 
Calling a true LLUR (Lower Left Upper Right) chart = an=20 "ascending base" would seem to me to be an appropriate name change if = you wanted=20 to avoid admitting that this group membership might have invented = something new=20 (wouldn't be the first time that I was convinced that our discussions = resulted=20 in an unattributed article in IBD). While the IBD description does sound = like a=20 description of what we call LLUR, the example stinks. QCOM's chart to me = appears=20 more of a wedging pattern since mid-May (lower highs, higher = lows).
 
BTW, I am back operational, had to replace the = monitor, but=20 upgraded the RAM 67% to 40K in the process. So now I really can=20 dominate!
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 esetser
Sent: Wednesday, August 22, = 2001 7:04=20 PM
Subject: [CANSLIM] LLUR in = IBD

I'm surprised no one else noted this, but I think I = found LLUR=20 in IBD this
week!  Yes, it's in "Investor's Corner" on = Tuesday. =20 The name they use is
"Ascending Base" and they discuss QCOM as an = example=20 of such a stock.
Basically, they say to consider the slope of the = rise as=20 the base and watch
for breakouts.  "Picture a normal = cup-with-handle=20 base that's been tilted
higher."  They call these bases rare, = but very=20 powerful.  Well guys and
gals, there you go.  I think our = LLUR=20 has made it into CANSLIM officially.

-
-To = subscribe/unsubscribe,=20 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_0017_01C12B4D.1F857280-- - - - -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, 22 Aug 2001 21:01:06 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] the economy This is a multi-part message in MIME format. - ------=_NextPart_000_0021_01C12B4D.8FAF6FC0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Make it three, I bot in my 401K when the Fed's did the first, surprise, = between meetings cut on Jan 2. Bought several more times since in my = 401K as well as my IRA. The 401 has done lousy with its mid and large = cap stocks, the IRA with all small and micro caps, has done well. Go = figure! Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: esetser=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, August 22, 2001 6:59 PM Subject: Re: [CANSLIM] the economy At 10:43 PM 8/21/01 -0600, you wrote: >Hi Dave > ... >I don't see how anyone can use the Fed rate changes themselves as a = trigger >to jump in 100% into stocks. The general market averages still need = to be >trending up and there needs to be plenty of stocks with strong = fundamentals >and valid pattern setups.=20 I see how you can use this. It's called history. Prior to this year, = the market had already bottomed EVERY TIME if there were 2 fed cuts. = That's right, every time in history, 2 fed cuts ensured that the market moved = up. Well, I think we have taken that out this time with our bottom in = April (after several cuts). I, for two, also thought this was a good confirmation for getting in during April (along with all of the IBD = optimism). - -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_0021_01C12B4D.8FAF6FC0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Make it three, I bot in my 401K when the Fed's did = the first,=20 surprise, between meetings cut on Jan 2. Bought several more times since = in my=20 401K as well as my IRA. The 401 has done lousy with its mid and large = cap=20 stocks, the IRA with all small and micro caps, has done well. Go=20 figure!
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 esetser
To: canslim@lists.xmission.com =
Sent: Wednesday, August 22, = 2001 6:59=20 PM
Subject: Re: [CANSLIM] the = economy

At 10:43 PM 8/21/01 -0600, you wrote:
>Hi=20 Dave
>
...
>I don't see how anyone can use the Fed rate = changes=20 themselves as a trigger
>to jump in 100% into stocks. The = general market=20 averages still need to be
>trending up and there needs to be = plenty of=20 stocks with strong fundamentals
>and valid pattern setups. =

I see=20 how you can use this.  It's called history.  Prior to this = year,=20 the
market had already bottomed EVERY TIME if there were 2 fed = cuts. =20 That's
right, every time in history, 2 fed cuts ensured that the = market=20 moved up.
Well, I think we have taken that out this time with our = bottom in=20 April
(after several cuts).  I, for two, also thought this was = a=20 good
confirmation for getting in during April (along with all of = the IBD=20 optimism).


-
-To 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_0021_01C12B4D.8FAF6FC0-- - - - -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, 22 Aug 2001 23:16:25 -0600 From: esetser Subject: Re: [CANSLIM] LLUR in IBD As with most of the Investor's Corner examples, t.The QCOM example was from the previous bull, July 99 through Nov 2000, not from present day. At 08:57 PM 8/22/01 -0400, you wrote: > Only problem with that is that: a) I would never call QCOM's present >chart a LLUR, &h formation on QCOM, and c) a true b/o on a LLUR chart >is actually the signal to tighten up your selling trigger finger, as it >breaks the pattern. Calling a true LLUR (Lower Left Upper Right) chart an > "ascending base" would seem to me to be an appropriate name change if you >wanted to avoid admitting that this group membership might have invented >something new (wouldn't be the first time that I was convinced that our >discussions resulted in an unattributed article in IBD). While the IBD >description does sound like a description of what we call LLUR, the >example stinks. QCOM's chart to me appears more of a wedging pattern since >mid-May (lower highs, higher lows). BTW, I am back operational, had to >replace the monitor, but upgraded the RAM 67% to 40K in the process. So >now I really can dominate! Tom Worley >stkguru@netside.net >AIM: TexWorley > ----- Original Message ----- From: esetser To: >canslim@xmission.com Sent: Wednesday, August 22, 2001 7:04 PM >Subject: [CANSLIM] LLUR in IBD >I'm surprised no one else noted this, but I think I found LLUR in IBD this > The name they use is >"Ascending Base" and they discuss QCOM as an example of such a stock. >Basically, they say to consider the slope of the rise as the base and watch > "Picture a normal cup-with-handle base that's been tilted > Well guys and > I think our LLUR has made it into CANSLIM officially. > >- >-To subscribe/unsubscribe, email "majordomo@xmission.com" >-In the email body, write "subscribe canslim" or > 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, 23 Aug 2001 19:09:28 EDT From: BIKEAR@aol.com Subject: Re: [CANSLIM] where is everyone? - --part1_84.1a34a83d.28b6e728_boundary Content-Type: text/plain; charset="US-ASCII" Content-Transfer-Encoding: 7bit where - --part1_84.1a34a83d.28b6e728_boundary Content-Type: text/html; charset="US-ASCII" Content-Transfer-Encoding: 7bit where - --part1_84.1a34a83d.28b6e728_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. ------------------------------ End of canslim-digest V2 #1626 ****************************** 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.