From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #1646 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, September 6 2001 Volume 02 : Number 1646 In this issue: Re: [CANSLIM] On the fringes of CANSLIM :Watchlist nibbling Re: [CANSLIM] DGO Data Re: [CANSLIM] On the fringes of CANSLIM :Watchlist nibbling Re: [CANSLIM] want opinion Re: [CANSLIM] On the fringes of CANSLIM :Watchlist nibbling ---------------------------------------------------------------------- Date: Thu, 06 Sep 2001 20:16:36 -0700 From: Neal Frankle Subject: Re: [CANSLIM] On the fringes of CANSLIM :Watchlist nibbling I would like to know how you do your screening? The DGO reports don't have all the data you screen by. How can you export all those tickers and have the info you screen by? Neal - ----- Original Message ----- From: DougC To: Sent: Thursday, September 06, 2001 7:03 PM Subject: [CANSLIM] On the fringes of CANSLIM :Watchlist nibbling > Ok I'll come out of hibernation only briefly enough to admit I've been > doing some nibbling. This weekend I went through the DGO list of 2855 > stocks with only RS 65 as my initial selection parameter. I wanted to see > what stocks if any were making base bottoms and/or starting to come out of > a bottom of a base. That initial screen came up with around 1450 stocks. > Still hoping DGO makes this easier sometime in the near future. Then I > started to look for stocks with last quarters year over year earnings up > greater than 24%. And then the second to last quarter greater than 24%. If > the last two quarters were between 24 and 70% then I looked for 5 year > growth rate greater than 25%. I also looked for debt less than 50% and > funds and bank ownership totaling less than 20%. And finally I wanted > stocks with PE less than 2x's the S&P PE and/or less than 70% of the five > year growth rate. I was also open to turn around situations with last two > quarter earnings greater than 70%. I fudged a little on all these criteria > depending on the charts and the other numbers. These are all Mark Boucher > influenced criteria. It's kind of a mix of growth, value and momentum > investing. I ended up with 9 stocks I thought were good enough for serious > consideration to buy. the only thing holding me back was the fact the > averages are getting closer to testing the April Lows, and that there are > lots of stocks making new lows again starting just this week. It appears we > are finally close to a final shakeout of the averages. I'm concerned that > over half of the NAZ100 stocks have PE's greater than the PE of 23 for the > S&P. A third (just an estimate) appear to have PE's greater than twice the > S&P. don't know how much that matters. Nevertheless despite my concerns > that we havent quite hit bottom I succumbed to the temptation to buy 7% > positions of four different stocks. I was impressed with their fundamentals > and the fact that their bases have held up fairly well. With possible > exception of TRR. It peaked at around 55 and is now in a 35 to 40 trading > range. But it's fundamentals are so good and I though it was worth trying > again (I did very well with it during the April runup). the others I bought > are DYII, MGAM, and POSS. The last one is the only turnaround situation > that looked worth getting into early. I really really want to get into ASW, > it's got the absolute best numbers, but it appears I'm already a little too > late. Currently it's too extended for me beyond it's 50dma but if and when > it comes back down to it I will buy it. Another one I'm looking to buy is > AMRN. If it hits 16 I'll buy it. The average float of these 6 stocks is > around 7 million. I'm getting addicted to these small caps. the only thing > that will save me is if the the larger caps start making money. > I'm still about 40% short (using puts) and doing pretty good this week. But > I'm betting it's time to start making a transition to the long side. The > Heck with waiting for a followthru. Actually I'm only about 25% long now > and won't get much more on the long side until we do get a followthru and > there are more stocks with the numbers like the ones above. But what do I > know. I'm just an amateur. > > > > > - > -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, 6 Sep 2001 23:37:33 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] DGO Data This is a multi-part message in MIME format. - ------=_NextPart_000_0023_01C1372C.E759DF40 Content-Type: text/plain; charset="Windows-1252" Content-Transfer-Encoding: quoted-printable That's Weeview, Ernie, as in little review! Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Hill, Ernie=20 To: 'canslim@lists.xmission.com'=20 Sent: Thursday, September 06, 2001 10:51 PM Subject: RE: [CANSLIM] DGO Data Worley Weekend Weview -----Original Message----- From: Dan [mailto:icuru12@3-cities.com] Sent: Thursday, September 06, 2001 8:52 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] DGO Data What does WWW refer to in this post. =20 newbie Dan ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, September 04, 2001 9:29 PM Subject: Re: [CANSLIM] DGO Data The WWW is usually built during the course of the week, as I see = something that interests me, or I think generally worthy of comment. I = combine it into a weekly commentary so those that think I am dominating = the group only have to hit Delete once instead of multiple times.=20 I look at between 500 and 1000 Daily Graph charts every week, same = thing I have been doing for well over a decade. By now, about 15 seconds = of observation is all I take to decide if I want to look at it longer, = even do some research, or move on to the next one. I long ago accepted that different sites on the internet will = report the same data differently, much less chart it differently. The = key for me is to find a site I like (for me its DGO), then stick to one = site so the data feed I get is at least consistent day to day and week = to week. I accept their data as presented, unless it looks illogical, or = know it to be factually incorrect. In the latter case, I immediately = fire off an email, and usually have a response in only several hours, = and if wrong an acknowledgement of that and correction within a day. On CBT, the Growth Rate shows as a negative number because the = 1999 earnings dipped under 1998, and further exasperated by the 2000 = earnings finishing a penny below 1998 (or maybe vice versa). As I recall = the explanation of their calculation, they use a regressive box of four = consecutive quarters. Didn't completely understand it then, so can't = well explain it now. Need a mathematician for it, I guess. I consider = the more current quarterly earnings results (one or two qtrs to up to = the last eight) as more significant than the growth rate, but I do look = at and consider the growth rate figure. Today actually would be a better day to call a b/o on CBT, volume = was sorely lacking on Friday, but then it was on most stocks. Didn't = mean to look like I knew what would happen on the next trading day = (today) when it did some serious volume on a market down day. As for my = criteria, I want to see volume at least double the prior day, and also = be significantly (vague definition, something like 20% or better) over = ADV. Preferably at least double ADV, but will consider less if it has = been consistently trading well under ADV for several weeks. How do you get from a stock screen to a watch list? Quite simple, = a screen should be set loosely enough to pick up virtually all = "potential" CANSLIM candidates that will ultimately meet your personal = criteria on RS, EPS, GRS, volume, price, etc. That means if your RS = criteria is 80, then set your screen at 75, or even 70, so that a single = failure of that criteria won't prevent you seeing that stock. Then comes = the hard work, of looking at the charts and the fundies to see which = ones are most appealing. Those are the ones that make your watch list. = Depending on your time availability and willingness to work, you decide = how many you carry on your watch list. Part of that is how many you are = willing to check on at least daily. Many investors will have an "at bat" = short list of those they believe are about to break out, and they are = just waiting for that magical moment where price and volume combine to = make it an instant buy. My "watch" list is currently the largest it has been in several = years. I have 27 stocks on watch, with an additional 5 that are not very = CANSLIM but still interest me, and another 10 that for various reasons = are on my "reduce" or "sell" list (these normally would have just been = deleted, but they are in my VR mutual fund, so must still monitor them). = Neither age, nor experience, are necessarily beneficial by = definition. But the combination of both can sometimes work. And I find = after over 40 years of investing that this present market is one of the = strongest markets potentially that I can recall. The next three to five = years will likely make some smart investors a lot of money. And I intend = to be one of them. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: mcjass=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, September 04, 2001 11:40 PM Subject: Re: [CANSLIM] DGO Data Tom: =20 It seems you have studied DGO extensively and know where DGO = gets the figures and how they calculate. Do you pretty much accept = what they present unless something is obviously way off? Do you look at = the Growth Rate? Am I correct that this is a "trailing" calculation? = Seems odd on CBT that earnings have been progressing and estimates are = positive yet growth rate is negative?=20 =20 Also on CBT, you indicated on your WWW the chart showed a b/o on = Friday. Do you consider the b/o from the previous days volume, or the = average volume? =20 How does a stock progress from a Stock Screen to a Watch List? = Just keep screening, screening, screening (plus study the chart of = course)?? =20 I am absolutely amazed how quickly you do the WWW and review the = charts! I guess efficiency comes from experience. (Notice I didn't say = age!) =20 ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, September 04, 2001 6:18 PM Subject: Re: [CANSLIM] DGO Data The raw data comes from the 10Q and 10K reports, and is = supposed to be updated every three months. The Issue quantity is from = that, as is the quantity owned by Management. The percentage Mngmt = ownership is a percent of the issue, apparently without regard to = unexercised options even when in the money (even tho unexercised in the = money options do dilute the net net earnings figure).=20 =20 =20 ****************************************************************** This email and any files transmitted with it from the ElPaso=20 Corporation are confidential and intended solely for the=20 use of the individual or entity to whom they are addressed.=20 If you have received this email in error please notify the=20 sender. ****************************************************************** - ------=_NextPart_000_0023_01C1372C.E759DF40 Content-Type: text/html; charset="Windows-1252" Content-Transfer-Encoding: quoted-printable
That's Weeview, Ernie, as in little = review!
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Hill,=20 Ernie
To: 'canslim@lists.xmission.com' =
Sent: Thursday, September 06, = 2001 10:51=20 PM
Subject: RE: [CANSLIM] DGO = Data

Worley Weekend Weview
-----Original Message-----
From: Dan [mailto:icuru12@3-cities.com]
= Sent:=20 Thursday, September 06, 2001 8:52 PM
To: canslim@lists.xmission.com=
Subject:=20 Re: [CANSLIM] DGO Data

What does WWW refer to in this=20 post.
 
newbie
Dan
----- Original Message ----- =
From:=20 Tom=20 Worley
To: canslim@lists.xmission.com =
Sent: Tuesday, September = 04, 2001=20 9:29 PM
Subject: Re: [CANSLIM] DGO = Data

The WWW is usually built during the course of = the week,=20 as I see something that interests me, or I think generally worthy = of=20 comment. I combine it into a weekly commentary so those that think = I am=20 dominating the group only have to hit Delete once instead of = multiple=20 times.
 
I look at between 500 and 1000 Daily Graph = charts every=20 week, same thing I have been doing for well over a decade. By now, = about=20 15 seconds of observation is all I take to decide if I want to = look at it=20 longer, even do some research, or move on to the next = one.
 
I long ago accepted that different sites on = the internet=20 will report the same data differently, much less chart it = differently. The=20 key for me is to find a site I like (for me its DGO), then stick = to one=20 site so the data feed I get is at least consistent day to day and = week to=20 week. I accept their data as presented, unless it looks illogical, = or know=20 it to be factually incorrect. In the latter case, I immediately = fire off=20 an email, and usually have a response in only several hours, and = if wrong=20 an acknowledgement of that and correction within a = day.
 
On CBT, the Growth Rate shows as a negative = number=20 because the 1999 earnings dipped under 1998, and further = exasperated by=20 the 2000 earnings finishing a penny below 1998 (or maybe vice = versa). As I=20 recall the explanation of their calculation, they use a regressive = box of=20 four consecutive quarters. Didn't completely understand it then, = so can't=20 well explain it now. Need a mathematician for it, I guess. I = consider the=20 more current quarterly earnings results (one or two qtrs to up to = the last=20 eight) as more significant than the growth rate, but I do look at = and=20 consider the growth rate figure.
 
Today actually would be a better day to call a = b/o on=20 CBT, volume was sorely lacking on Friday, but then it was on most = stocks.=20 Didn't mean to look like I knew what would happen on the next = trading day=20 (today) when it did some serious volume on a market down day. As = for my=20 criteria, I want to see volume at least double the prior day, and = also be=20 significantly (vague definition, something like 20% or better) = over ADV.=20 Preferably at least double ADV, but will consider less if it has = been=20 consistently trading well under ADV for several = weeks.
 
How do you get from a stock screen to a watch = list?=20 Quite simple, a screen should be set loosely enough to pick up = virtually=20 all "potential" CANSLIM candidates that will ultimately meet your = personal=20 criteria on RS, EPS, GRS, volume, price, etc. That means if your = RS=20 criteria is 80, then set your screen at 75, or even 70, so that a = single=20 failure of that criteria won't prevent you seeing that stock. Then = comes=20 the hard work, of looking at the charts and the fundies to see = which ones=20 are most appealing. Those are the ones that make your watch list.=20 Depending on your time availability and willingness to work, you = decide=20 how many you carry on your watch list. Part of that is how many = you are=20 willing to check on at least daily. Many investors will have an = "at bat"=20 short list of those they believe are about to break out, and they = are just=20 waiting for that magical moment where price and volume combine to = make it=20 an instant buy.
 
My "watch" list is currently the largest it = has been in=20 several years. I have 27 stocks on watch, with an additional 5 = that are=20 not very CANSLIM but still interest me, and another 10 that for = various=20 reasons are on my "reduce" or "sell" list (these normally would = have just=20 been deleted, but they are in my VR mutual fund, so must still = monitor=20 them).
 
Neither age, nor experience, are necessarily = beneficial=20 by definition. But the combination of both can sometimes work. And = I find=20 after over 40 years of investing that this present market is one = of the=20 strongest markets potentially that I can recall. The next three to = five=20 years will likely make some smart investors a lot of money. And I = intend=20 to be one of them.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message ----- =
From:=20 mcjass=20
To: canslim@lists.xmission.com
Sent: Tuesday, September = 04, 2001=20 11:40 PM
Subject: Re: [CANSLIM] = DGO=20 Data

Tom:
 
It seems you have studied DGO = extensively=20 and know where DGO gets the figures and how they=20 calculate.   Do you pretty much accept what they = present=20 unless something is obviously way off?  Do you look at the = Growth=20 Rate?  Am I correct that this is a "trailing" = calculation? =20 Seems odd on CBT that earnings have been progressing and = estimates are=20 positive yet growth rate is negative? 
 
Also on CBT, you indicated on = your WWW the=20 chart showed a b/o on Friday.  Do you consider the b/o from = the=20 previous days volume, or the average volume?
 
How does a stock progress from = a Stock=20 Screen to a Watch List?  Just keep screening, = screening,=20 screening (plus study the chart of course)??
 
I am absolutely amazed how = quickly you do=20 the WWW and review the charts!  I guess=20 efficiency comes from experience.  (Notice I = didn't say=20 age!)    
----- Original Message ----- =
From:=20 Tom=20 Worley
To: canslim@lists.xmission.com
Sent: Tuesday, = September 04, 2001=20 6:18 PM
Subject: Re: [CANSLIM] = DGO=20 Data

The raw data comes from the 10Q and 10K = reports, and=20 is supposed to be updated every three months.  The Issue = quantity=20 is from that, as is the quantity owned by Management. The = percentage=20 Mngmt ownership is a percent of the issue, = apparently=20 without regard to unexercised options even when in the money = (even tho=20 unexercised in the money options do dilute the net net = earnings=20 figure).
 
 


********************************************************= **********
This=20 email and any files transmitted with it from the ElPaso =
Corporation are=20 confidential and intended solely for the
use of the individual or = entity=20 to whom they are addressed.
If you have received this email in = error=20 please notify the=20 =
sender.
**********************************************************= ********
- ------=_NextPart_000_0023_01C1372C.E759DF40-- - - - -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, 06 Sep 2001 21:45:33 -0600 From: DougC Subject: Re: [CANSLIM] On the fringes of CANSLIM :Watchlist nibbling I exported the Daily Graphs Printed Products Company index to Excel and did an Auto Filter for RS of 65. Then saved into a new excel file and imported that back into DGO. Then I just clicked through the graphs and immediately deleted a stocks graph if it had last quarter earning less than 24%. If it didnt then I looked at the previous quarter to that for earnings greater than 24%, then five year growth, etc. At 08:16 PM 9/6/01 -0700, you wrote: >I would like to know how you do your screening? The DGO reports don't have >all the data you screen by. How can you export all those tickers and have >the info you screen by? > >Neal >----- Original Message ----- >From: DougC >To: >Sent: Thursday, September 06, 2001 7:03 PM >Subject: [CANSLIM] On the fringes of CANSLIM :Watchlist nibbling > > > > Ok I'll come out of hibernation only briefly enough to admit I've been > > doing some nibbling. This weekend I went through the DGO list of 2855 > > stocks with only RS 65 as my initial selection parameter. I wanted to see > > what stocks if any were making base bottoms and/or starting to come out of > > a bottom of a base. That initial screen came up with around 1450 stocks. > > Still hoping DGO makes this easier sometime in the near future. Then I > > started to look for stocks with last quarters year over year earnings up > > greater than 24%. And then the second to last quarter greater than 24%. If > > the last two quarters were between 24 and 70% then I looked for 5 year > > growth rate greater than 25%. I also looked for debt less than 50% and > > funds and bank ownership totaling less than 20%. And finally I wanted > > stocks with PE less than 2x's the S&P PE and/or less than 70% of the five > > year growth rate. I was also open to turn around situations with last two > > quarter earnings greater than 70%. I fudged a little on all these criteria > > depending on the charts and the other numbers. These are all Mark Boucher > > influenced criteria. It's kind of a mix of growth, value and momentum > > investing. I ended up with 9 stocks I thought were good enough for serious > > consideration to buy. the only thing holding me back was the fact the > > averages are getting closer to testing the April Lows, and that there are > > lots of stocks making new lows again starting just this week. It appears >we > > are finally close to a final shakeout of the averages. I'm concerned that > > over half of the NAZ100 stocks have PE's greater than the PE of 23 for the > > S&P. A third (just an estimate) appear to have PE's greater than twice the > > S&P. don't know how much that matters. Nevertheless despite my concerns > > that we havent quite hit bottom I succumbed to the temptation to buy 7% > > positions of four different stocks. I was impressed with their >fundamentals > > and the fact that their bases have held up fairly well. With possible > > exception of TRR. It peaked at around 55 and is now in a 35 to 40 trading > > range. But it's fundamentals are so good and I though it was worth trying > > again (I did very well with it during the April runup). the others I >bought > > are DYII, MGAM, and POSS. The last one is the only turnaround situation > > that looked worth getting into early. I really really want to get into >ASW, > > it's got the absolute best numbers, but it appears I'm already a little >too > > late. Currently it's too extended for me beyond it's 50dma but if and when > > it comes back down to it I will buy it. Another one I'm looking to buy is > > AMRN. If it hits 16 I'll buy it. The average float of these 6 stocks is > > around 7 million. I'm getting addicted to these small caps. the only thing > > that will save me is if the the larger caps start making money. > > I'm still about 40% short (using puts) and doing pretty good this week. >But > > I'm betting it's time to start making a transition to the long side. The > > Heck with waiting for a followthru. Actually I'm only about 25% long now > > and won't get much more on the long side until we do get a followthru and > > there are more stocks with the numbers like the ones above. But what do I > > know. I'm just an amateur. > > > > > > > > > > - > > -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, 6 Sep 2001 23:48:21 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] want opinion This is a multi-part message in MIME format. - ------=_NextPart_000_0035_01C1372E.695E5E20 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi Dan, If you're studying FCN then I would say you are not a novice. Excellent = growth both top and bottom, and consistent both year to year and = sequential quarter. I see nothing negative in the fundies, and it has = been moving up steadily despite "M", so obviously there are more buyers = than sellers, and they believe in it. Only problem I see is the chart, = as this stock doesn't like to base and give good entry signals. You may = have to draw a line across the lows and highs, treat that as a trading = range, and try to buy off a low. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Dan=20 To: canslim@lists.xmission.com=20 Sent: Thursday, September 06, 2001 9:37 PM Subject: [CANSLIM] want opinion A novice here wondering what the group thinks of FCN. thanks - -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_0035_01C1372E.695E5E20 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Hi Dan,
 
If you're studying FCN then I would say you are not = a=20 novice.  Excellent growth both top and bottom, and consistent both = year to=20 year and sequential quarter. I see nothing negative in the fundies, and = it has=20 been moving up steadily despite "M", so obviously there are more buyers = than=20 sellers, and they believe in it. Only problem I see is the chart, as = this stock=20 doesn't like to base and give good entry signals. You may have to draw a = line=20 across the lows and highs, treat that as a trading range, and try to buy = off a=20 low.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Dan=20
To: canslim@lists.xmission.com =
Sent: Thursday, September 06, = 2001 9:37=20 PM
Subject: [CANSLIM] want = opinion

A novice here wondering what the group thinks of=20 FCN.

thanks


-
-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_0035_01C1372E.695E5E20-- - - - -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: Fri, 7 Sep 2001 00:26:30 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] On the fringes of CANSLIM :Watchlist nibbling This is a multi-part message in MIME format. - ------=_NextPart_000_0063_01C13733.BDFE3D60 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Doug, To make your work a little easier, you might want to save the Printed = Products Index from Monday, then download into Excel the one from = Thursday. Open the Monday one, and cut and paste the PE column from it = into the Thursday spreadsheet. That gives you two of the "rotating" = columns (PE and prior quarter's year to year comparison) plus Thursday's = RS column that you could then use the power of Excel to sort on. Should = drastically cut down the number of charts you then need to look at. Easiest way I have found to do this is simply sort on your most = important criteria, then delete the rows below your cut off point. Then = do the same for the second criteria, then the third. If you try to sort = on all three at once, you have many rows you don't want to look at = between those you want to screen. You may want to make sure that the rotating column in the Thursday index = list is truly only measuring %age change on the latest quarter. I tried = to find the precise definition in the glossary, and it's not there. A = quick email to DG CustServ should answer the question. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: DougC=20 To: canslim@lists.xmission.com=20 Sent: Thursday, September 06, 2001 11:45 PM Subject: Re: [CANSLIM] On the fringes of CANSLIM :Watchlist nibbling I exported the Daily Graphs Printed Products Company index to Excel = and did an Auto Filter for RS of 65. Then saved into a new excel file and=20 imported that back into DGO. Then I just clicked through the graphs and immediately = deleted a stocks graph if it had last quarter earning less than 24%. If it = didnt=20 then I looked at the previous quarter to that for earnings greater than 24%, then = five=20 year growth, etc. At 08:16 PM 9/6/01 -0700, you wrote: >I would like to know how you do your screening? The DGO reports = don't have >all the data you screen by. How can you export all those tickers and = have >the info you screen by? > >Neal >----- Original Message ----- >From: DougC >To: >Sent: Thursday, September 06, 2001 7:03 PM >Subject: [CANSLIM] On the fringes of CANSLIM :Watchlist nibbling > > > > Ok I'll come out of hibernation only briefly enough to admit I've = been > > doing some nibbling. This weekend I went through the DGO list of = 2855 > > stocks with only RS 65 as my initial selection parameter. I wanted = to see > > what stocks if any were making base bottoms and/or starting to = come out of > > a bottom of a base. That initial screen came up with around 1450 = stocks. > > Still hoping DGO makes this easier sometime in the near future. = Then I > > started to look for stocks with last quarters year over year = earnings up > > greater than 24%. And then the second to last quarter greater than = 24%. If > > the last two quarters were between 24 and 70% then I looked for 5 = year > > growth rate greater than 25%. I also looked for debt less than 50% = and > > funds and bank ownership totaling less than 20%. And finally I = wanted > > stocks with PE less than 2x's the S&P PE and/or less than 70% of = the five > > year growth rate. I was also open to turn around situations with = last two > > quarter earnings greater than 70%. I fudged a little on all these = criteria > > depending on the charts and the other numbers. These are all Mark = Boucher > > influenced criteria. It's kind of a mix of growth, value and = momentum > > investing. I ended up with 9 stocks I thought were good enough for = serious > > consideration to buy. the only thing holding me back was the fact = the > > averages are getting closer to testing the April Lows, and that = there are > > lots of stocks making new lows again starting just this week. It = appears >we > > are finally close to a final shakeout of the averages. I'm = concerned that > > over half of the NAZ100 stocks have PE's greater than the PE of 23 = for the > > S&P. A third (just an estimate) appear to have PE's greater than = twice the > > S&P. don't know how much that matters. Nevertheless despite my = concerns > > that we havent quite hit bottom I succumbed to the temptation to = buy 7% > > positions of four different stocks. I was impressed with their >fundamentals > > and the fact that their bases have held up fairly well. With = possible > > exception of TRR. It peaked at around 55 and is now in a 35 to 40 = trading > > range. But it's fundamentals are so good and I though it was worth = trying > > again (I did very well with it during the April runup). the others = I >bought > > are DYII, MGAM, and POSS. The last one is the only turnaround = situation > > that looked worth getting into early. I really really want to get = into >ASW, > > it's got the absolute best numbers, but it appears I'm already a = little >too > > late. Currently it's too extended for me beyond it's 50dma but if = and when > > it comes back down to it I will buy it. Another one I'm looking to = buy is > > AMRN. If it hits 16 I'll buy it. The average float of these 6 = stocks is > > around 7 million. I'm getting addicted to these small caps. the = only thing > > that will save me is if the the larger caps start making money. > > I'm still about 40% short (using puts) and doing pretty good this = week. >But > > I'm betting it's time to start making a transition to the long = side. The > > Heck with waiting for a followthru. Actually I'm only about 25% = long now > > and won't get much more on the long side until we do get a = followthru and > > there are more stocks with the numbers like the ones above. But = what do I > > know. I'm just an amateur. > > > > > > > > > > - > > -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. - ------=_NextPart_000_0063_01C13733.BDFE3D60 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Doug,
 
To make your work a little easier, you might want to = save the=20 Printed Products Index from Monday, then download into Excel the one = from=20 Thursday. Open the Monday one, and cut and paste the PE column from it = into the=20 Thursday spreadsheet. That gives you two of the "rotating" columns (PE = and prior=20 quarter's year to year comparison) plus Thursday's RS column that you = could then=20 use the power of Excel to sort on. Should drastically cut down the = number of=20 charts you then need to look at.
 
Easiest way I have found to do this is simply sort = on your=20 most important criteria, then delete the rows below your cut off point. = Then do=20 the same for the second criteria, then the third. If you try to sort on = all=20 three at once, you have many rows you don't want to look at between = those you=20 want to screen.
 
You may want to make sure that the rotating column = in the=20 Thursday index list is truly only measuring %age change on the latest = quarter. I=20 tried to find the precise definition in the glossary, and it's not = there. A=20 quick email to DG CustServ should answer the question.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 DougC =
To: canslim@lists.xmission.com =
Sent: Thursday, September 06, = 2001 11:45=20 PM
Subject: Re: [CANSLIM] On the = fringes of=20 CANSLIM :Watchlist nibbling

I exported the Daily Graphs Printed Products Company = index to=20 Excel and
did an Auto Filter for RS of 65. Then saved into a new = excel file=20 and
imported that
back into DGO. Then I just clicked through = the graphs=20 and immediately deleted
a stocks graph if it had last quarter = earning less=20 than 24%. If it didnt
then I looked
at the previous quarter to = that for=20 earnings greater than 24%, then five
year growth,=20 etc.




At 08:16 PM 9/6/01 -0700, you wrote:
>I = would=20 like to know how you do your screening?  The DGO reports don't=20 have
>all the data you screen by. How can you export all those = tickers=20 and have
>the info you screen = by?
>
>Neal
>-----=20 Original Message -----
>From: DougC <dzc@qwest.net>
>To: <canslim@lists.xmission.com= >
>Sent:=20 Thursday, September 06, 2001 7:03 PM
>Subject: [CANSLIM] On the = fringes=20 of CANSLIM :Watchlist nibbling
>
>
> > Ok I'll = come out=20 of hibernation only briefly enough to admit I've been
> > = doing some=20 nibbling. This weekend I went through the DGO list of 2855
> = > stocks=20 with only RS 65 as my initial selection parameter. I wanted to = see
>=20 > what stocks if any were making base bottoms and/or starting to = come out=20 of
> > a bottom of a base. That initial screen came up with = around=20 1450 stocks.
> > Still hoping DGO makes this easier sometime = in the=20 near future. Then I
> > started to look for stocks with last = quarters=20 year over year earnings up
> > greater than 24%. And then the = second=20 to last quarter greater than 24%. If
> > the last two = quarters were=20 between 24 and 70% then I looked for 5 year
> > growth rate = greater=20 than 25%. I also looked for debt less than 50% and
> > funds = and bank=20 ownership totaling less than 20%. And finally I wanted
> > = stocks=20 with PE less than 2x's the S&P PE and/or less than 70% of the = five
>=20 > year growth rate. I was also open to turn around situations with = last=20 two
> > quarter earnings greater than 70%. I fudged a little = on all=20 these criteria
> > depending on the charts and the other = numbers.=20 These are all Mark Boucher
> > influenced criteria. It's kind = of a=20 mix of growth, value and momentum
> > investing. I ended up = with 9=20 stocks I thought were good enough for serious
> > = consideration to=20 buy. the only thing holding me back was the fact the
> > = averages are=20 getting closer to testing the April Lows, and that there are
> = > lots=20 of stocks making new lows again starting just this week. It=20 appears
>we
> > are finally close to a final shakeout = of the=20 averages.  I'm concerned that
> > over half of the = NAZ100 stocks=20 have PE's greater than the PE of 23 for the
> > S&P. A = third=20 (just an estimate) appear to have PE's greater than twice the
> = >=20 S&P. don't know how much that matters. Nevertheless despite my=20 concerns
> > that we havent quite hit bottom I succumbed to = the=20 temptation to buy 7%
> > positions of four different stocks. = I was=20 impressed with their
>fundamentals
> > and the fact = that their=20 bases have held up fairly well. With possible
> > exception = of TRR.=20 It peaked at around 55 and is now in a 35 to 40 trading
> > = range.=20 But it's fundamentals are so good and I though it was worth = trying
>=20 > again (I did very well with it during the April runup). the = others=20 I
>bought
> > are DYII, MGAM, and POSS. The last one is = the=20 only turnaround situation
> > that looked worth getting into = early. I=20 really really want to get into
>ASW,
> > it's got the = absolute=20 best numbers, but it appears I'm already a little
>too
> = >=20 late. Currently it's too extended for me beyond it's 50dma but if and=20 when
> > it comes back down to it I will buy it. Another one = I'm=20 looking to buy is
> > AMRN. If it hits 16 I'll buy it. The = average=20 float of these 6 stocks is
> > around 7 million. I'm getting = addicted=20 to these small caps. the only thing
> > that will save me is = if the=20 the larger caps start making money.
> > I'm still about 40% = short=20 (using puts) and doing pretty good this week.
>But
> > = I'm=20 betting it's time to start making a transition to the long side. = The
>=20 > Heck with waiting for a followthru. Actually I'm only about 25% = long=20 now
> > and won't get much more on the long side until we do = get a=20 followthru and
> > there are more stocks with the numbers = like the=20 ones above. But what do I
> > know. I'm just an = amateur.
>=20 >
> >
> >
> >
> > -
> = > -To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
>= ; >=20 -In the email body, write "subscribe canslim" or
> > = - -"unsubscribe=20 canslim".  Do not use quotes in your=20 email.
>
>
>-
>-To subscribe/unsubscribe, = email "majordomo@xmission.com"
>= ;-In=20 the email body, write "subscribe canslim" or
>-"unsubscribe=20 canslim".  Do not use quotes in your email.


-
-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_0063_01C13733.BDFE3D60-- - - - -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 #1646 ****************************** 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.