From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #171 Reply-To: canslim Sender: owner-canslim-digest@lists.xmission.com Errors-To: owner-canslim-digest@lists.xmission.com Precedence: bulk X-No-Archive: yes canslim-digest Tuesday, March 31 1998 Volume 02 : Number 171 In this issue: RE: [CANSLIM] ETH (and others) [CANSLIM] DSTM - Breakout [CANSLIM] Db's return Re: [CANSLIM] DSTM - Breakout Re: [CANSLIM] headcount Re: [CANSLIM] Recommendation - was MDLK [CANSLIM] HYSW [CANSLIM] RXSD Re: [CANSLIM] RXSD Re: [CANSLIM] HYSW Re: [CANSLIM] core labs (CRLBF) Re: [CANSLIM] Recommendation - was MDLK [CANSLIM] Shorts Re: [CANSLIM] Industry Group List available from IBD! Re: [CANSLIM] ETH (and others) [CANSLIM] Breakout CBSL [CANSLIM] MTIC break out point Re: [CANSLIM] ETH (and others) Re: [CANSLIM] RXSD Re: [CANSLIM] DSTM - Breakout Re: [CANSLIM] MTIC break out point Re: [CANSLIM] MTIC break out point [CANSLIM] 60 day WMA? (was RXSD) Re: [CANSLIM] 60 day WMA? (was RXSD) Re: [CANSLIM] ETH (and others) Re: [CANSLIM] 60 day WMA? (was RXSD) Re: [CANSLIM] 60 day WMA? (was RXSD) [CANSLIM] Sorry [CANSLIM] Mistake [CANSLIM] oh well Re: [CANSLIM] RXSD Short Re: [CANSLIM] Shorts Re: [CANSLIM] 60 day WMA? (was RXSD) [CANSLIM] RE: Industry Group Guide RE: [CANSLIM] Sorry ---------------------------------------------------------------------- Date: Mon, 30 Mar 1998 22:50:54 -0500 From: "Surindra Singh" Subject: RE: [CANSLIM] ETH (and others) This is a multi-part message in MIME format. - ------=_NextPart_000_000F_01BD5C2E.4DC8D3E0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: 7bit Looks impressive to me and is on my watch list for several months now. With the interest rates staying low and lots of people buying new houses, the prospects of the company are excellent Several other furniture companies are doing good too. Others I am watching closely are BBY, LIN and BBBY, these deal with furnishings/appliances etc.. for the home I believe. Another one on my watch list did well today is AEOS. Have a nice day. Surindra -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Joe Scott Sent: Monday, March 30, 1998 10:13 PM To: CANSLIM Subject: [CANSLIM] ETH Members, I have been looking at this one, seems to meet all the requirements, except I realize it hasn't based long enough. I believe someone downgraded it, and that may be the reason it stalled in this 63.00 range. Given a couple more weeks of 63.00, would it be a candidate. Looks a little high on funds, but not bad, little debt, earnings look good. Someone told me it was overvalued? PE is only 1.1 X SP.. Wadda ya guys think? Plug it into the watch for a breakout list? don't know a thing joe - ------=_NextPart_000_000F_01BD5C2E.4DC8D3E0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Looks impressive to me and is on my watch list for several = months now.=20 With the interest rates staying low and lots of people buying new = houses, the=20 prospects of the company are excellent Several other furniture companies = are=20 doing good too. Others I am watching closely are BBY, LIN and BBBY, = these deal=20 with furnishings/appliances etc.. for the home I believe. Another one on = my=20 watch list did well today is AEOS.
 
Have a nice day.
 
Surindra
-----Original=20 Message-----
From: owner-canslim@lists.xmission.com=20 [mailto:owner-canslim@lists.xmission.com]On Behalf Of Joe=20 Scott
Sent: Monday, March 30, 1998 10:13 PM
To:=20 CANSLIM
Subject: [CANSLIM] ETH

Members,
I have been looking at this one, seems to meet all the = requirements,=20 except I realize it hasn't based long enough. I believe someone = downgraded=20 it, and that may be the reason it stalled in this 63.00 range.
Given a couple more weeks of 63.00, would it be a candidate. = Looks a=20 little high on funds, but not bad, little debt,  earnings look = good.=20 Someone told me it was overvalued? PE is only 1.1 X SP..
Wadda ya guys think? Plug it into the watch for a breakout = list?
 
don't know a=20 thing
joe
- ------=_NextPart_000_000F_01BD5C2E.4DC8D3E0-- - - ------------------------------ Date: Mon, 30 Mar 1998 22:58:22 -0500 From: "Frank V. Wolynski" Subject: [CANSLIM] DSTM - Breakout DSTM - Datastream Systems set new high today off approx 10wk base. 5 days of increasing volume. EPS/RS 98/95 Accum/Dist A U/D 1.2 Funds own 22% Mgmt 24% 7.2mil float ROE 18% Growth Rate 92% PE 35 out of a range of 13-52 for 5yrs. Group - Computer Software-Enterprise. Looks like earnings and sales are accelerating. Frank Wolynski (Often wrong, plan accordingly!) - - ------------------------------ Date: Mon, 30 Mar 1998 22:09:14 -0600 From: Dave Cameron Subject: [CANSLIM] Db's return HIGHLY SECONDED!! Robert Venchiarutti wrote: > > DB, its good to have you back. I look forward to reading more of your > posts. > > ---Original Message----- > From: db phoenix > To: canslim@lists.xmission.com > Date: Saturday, March 28, 1998 11:07 AM > Subject: [CANSLIM] Re: Market Direction > > > > >FWIW, I agree with Jeffry. An index or stock need not close down for > >the day in order for distribution to have taken place. It need only > >close lower than the open. Clearly, if a stock closes nearer the low > >than the high, there has been greater selling pressure than buying > >pressure. Whether this distribution takes place in an index without > >taking place in a particular stock is irrelevant. > > > >OTOH, the fact that a particular index or stock is under distribution > >on a particular day does not necessarily imply that the market or the > >stock is in trouble. What matters is the pattern, and patterns aren't > >established in a day. The shorter the pattern and the less > >information available, the less likely one is to be able to make > >reasoned judgements as to the likely outcomes of the next day's or > >next few days' trading. > > > >No one should be surprised that distribution is taking place. It's > >the end of the week, the end of the month, the end of the quarter. > >What that implies for the near future is up in the air. But to ignore > >it is unwise. > > > >The fact that individual stocks in one's portfolio are hitting their > >stops can be an early warning of a change in market direction > >(assuming that one is not especially poor at stock selection). If > >they are not hitting those stops, however, it doesn't follow that > >everything's OK. > >One of O'N's major precepts is to keep your eyes open. > > > >Sound advice. > > > >--Db > > > > > > > > > >_________________________________________________________ > >DO YOU YAHOO!? > >Get your free @yahoo.com address at http://mail.yahoo.com > > > > > >- > > > > > > - - - ------------------------------ Date: Mon, 30 Mar 1998 22:44:11 -0600 From: Dave Cameron Subject: Re: [CANSLIM] DSTM - Breakout Frank V. Wolynski wrote: > > DSTM - Datastream Systems set new high today off approx 10wk base. > 5 days of increasing volume. Agreed... looks good! > > EPS/RS 98/95 Accum/Dist A U/D 1.2 > Funds own 22% Mgmt 24% 7.2mil float > ROE 18% Growth Rate 92% PE 35 out of a range of 13-52 for 5yrs. > > Group - Computer Software-Enterprise. > > Looks like earnings and sales are accelerating. Also agreed.... DSTM has been mentioned here before and is on my watch list. I have the last 11 quarters worth of earnings. > > Frank Wolynski > (Often wrong, plan accordingly!) > Dave Cameron > - - - ------------------------------ Date: Mon, 30 Mar 1998 20:39:19 -0500 From: Ari Lawson Subject: Re: [CANSLIM] headcount 1.arilaw@erols 2.6 3.What ever less 4.See my note to the group.(arilaw@erols). - - ------------------------------ Date: Mon, 30 Mar 1998 20:56:09 -0500 From: Ari Lawson Subject: Re: [CANSLIM] Recommendation - was MDLK I really don't want to beat a dead horse to death,however i don't think that my "MEMO",to Tom,was read in detail.What i wrote was "with your recomendation and MY RESEARCH!!!,I took the initiative,OF MY OWN, and then purchased 100 shares of MDLK at 16.875 - - ------------------------------ Date: Mon, 30 Mar 1998 23:08:23 -0600 From: Dave Cameron Subject: [CANSLIM] HYSW HYSW had a nice move today. A high EPS/RS stock with accelerating earnings that advanced on big volume. Its even in a strong group (computer software of some sort). I used to own the stock, but have no more money to invest. So... take a look. Dave Cameron - - ------------------------------ Date: Mon, 30 Mar 1998 23:13:27 -0600 From: Dave Cameron Subject: [CANSLIM] RXSD Interesting banter on this one. Jeffry doesn't like its recent action, and says so (barely hiding his sarcastic bent). Tim thinks its a buying opportunity - and lauds the 10% boost today. Aside from the recent price action, it certainly qualifies as a CANSLIM stock. But I too would not have taken the risk today based on last week's action. Nevertheless, I've heard enough from Tim to know that he possesses some insight that eludes me. Dave Cameron - - ------------------------------ Date: Tue, 31 Mar 1998 13:55:58 +0700 (ICT) From: Peter Christiansen Subject: Re: [CANSLIM] RXSD I don't like the fact that the 60 day WMA has now turned down. It was on my watch list, but has since been removed. The huge volume on the recent down days looks scary to me. It would have to break above 39 for me to consider it again. At 11:13 PM 3/30/98 -0600, you wrote: >Interesting banter on this one. Jeffry doesn't like its >recent action, and says so (barely hiding his sarcastic bent). >Tim thinks its a buying opportunity - and lauds the 10% >boost today. > >Aside from the recent price action, it certainly qualifies >as a CANSLIM stock. But I too would not have taken the >risk today based on last week's action. Nevertheless, I've >heard enough from Tim to know that he possesses some insight >that eludes me. > >Dave Cameron > >- > > > Peter Christiansen Chiang Mai - Thailand - - ------------------------------ Date: Tue, 31 Mar 1998 13:55:56 +0700 (ICT) From: Peter Christiansen Subject: Re: [CANSLIM] HYSW We're thinking alike. This one is already on my watch list. I'll be watching it closely tomorrow. At 11:08 PM 3/30/98 -0600, you wrote: >HYSW had a nice move today. A high EPS/RS stock with accelerating >earnings that advanced on big volume. Its even in a strong group >(computer software of some sort). I used to own the stock, >but have no more money to invest. So... take a look. > >Dave Cameron > >- > > > Peter Christiansen Chiang Mai - Thailand - - ------------------------------ Date: Mon, 30 Mar 1998 23:02:42 -0500 From: Kom Tukovinit Subject: Re: [CANSLIM] core labs (CRLBF) From HTMMIS, Chapter 15, Page 162 The usual [emphasis] percentage correction from the absolute peak to the low point of the price pattern variew from 12% or 15% to 33%. kom MICHAEL G DOROSHENKO wrote: > The stock CRLBF does look like a CANSLIM stock. I would question the Group > RS of which is only a 10. I think there are other competitors out there in > the same industry group that are better than this one. You mention a > cup/handle and I do see a slight one. I would say that it is more a saucer > rather than a cup. My question is: How deep should the cup be to > realistically be considered a true cup formation? > > Mike > > ---------- > > From: Douglas_Rhodes > > To: canslim@lists.xmission.com > > Subject: [CANSLIM] core labs (CRLBF) > > Date: Monday, March 30, 1998 7:46 AM > > > > I saw Core Laboratories NV (CRLBF) come up as a possible canslim stock in > > Monday's IBD NASDAQ graphs. > > > > EPS: 99 > > REL STR: 94 > > ACC/DIST: B > > Float: 24 million > > Chart looks like a classic C/H with breakout on high volume. > > > > Negatives: > > Group Str: E > > > > Comments? > > > > --Doug > > > > - > > > > - - - ------------------------------ Date: Tue, 31 Mar 1998 05:25:32 -0500 From: "Tom Worley" Subject: Re: [CANSLIM] Recommendation - was MDLK Ari, it's neither a "dead horse" nor semantics to me. I did clearly note your phrase "and my research". However, your use of the phrase "with your (Tom's) recommendation" not only places my licenses in serious jeopardy but has directly contributed to my severely reducing what I post here. And apparently you are not the only member here who has been somehow interpreting my info as a "recommendation". Some members clearly understand that whatever I post, unless I state it as a fact, is strictly one man's humble opinion. Few investors truly realize just how regulated I am, nor that I must cooperate with the regulators for up to four years AFTER I leave the industry. I know of no other industry outside the intelligence community and some limited parts of the law enforcement community that maintain such tight reins on its members. Virtually every aspect of my private life must be disclosed to my employer and the regulators, including moving, taking a part time job, my internet activities, bankruptcy, etc. My disclosures of what I have bot or sold, or am watching, are simply my sharing of what I am doing. Strictly speaking, they are not required even if some of you were, or could become, my clients. However, when I was an active broker, I did the same disclosure with my clients. I see no reason until now to do any less here. My opinion is worth nothing more than what you have paid for it. When I mention a stock I like, I expect members to do no more than I do when someone else mentions a stock, that is, go look at it. If you like it for you, then do your research and act accordingly. BUT I DO NOT RECOMMEND ANY STOCKS NOR WHETHER YOU SHOULD BUY OR SELL ANYTHING. No matter how much I may value and respect any one member's opinions or CANSLIM type stock picking skills, it will have zero bearing on any action I may take on a stock mentioned. In fact, I don't even try to keep track of who first mentioned it. That's one "noise" that I do very effectively screen out. Any statements or opinions are strictly my own and not that of my employer. My comments should not be interpreted as a recommendation of any kind. I am a licensed (inactive) broker and an active investor. All investors should do their own research prior to any investment, especially one learned about on the Internet. Hopefully my comments will better inform and educate all investors. tom w - -----Original Message----- From: Ari Lawson To: canslim@lists.xmission.com Cc: MDLK@smtp1.erols.com Date: Monday, March 30, 1998 11:50 PM Subject: Re: [CANSLIM] Recommendation - was MDLK >I really don't want to beat a dead horse to death,however i don't think >that my "MEMO",to Tom,was read in detail.What i wrote was "with your >recomendation and MY RESEARCH!!!,I took the initiative,OF MY OWN, and >then purchased 100 shares of MDLK at 16.875 > > >- > - - ------------------------------ Date: Tue, 31 Mar 1998 06:29:39 -0500 From: Jeffry White <"postwhit@sover.net"@sover.net> Subject: [CANSLIM] Shorts Tim wrote: > Date: Mon, 30 Mar 1998 18:52:50 -0700 > From: Tim Fisher > Subject: Re: [CANSLIM] RXSD Short > > Dunno what "system" you are talking about, but it sure isn't CANSLIM. Hope > you have the cash to cover that short, cause you're out 10% today! I'm not > being wishful at all, quite the contrary, I'm interpreting the attempted > "churn" as a buy-on-a-pullback signal of a super-strong CANSLIM stock. Which > is a strategy that has been discussed at length on this list. Your "system" > has not been discussed. Frankly, I'd rather be long than short on the market > leaders. That's what I though CANSLIM was all about. I'm sure you'll let me > know if I'm wrong in my interpretation of HTMMIS... > You missed my point, Tim. We were discussing the market, leadership failure, and industry group movement and shorting (in a quasi-HTMMIS way, see Index of HTMMIS on "Selling Short"). I was commenting to Frank that the Pitbull Short System appears to kick out short candidates which help illuminate leadership failure. One of the candidates was RXSD. You responded that one of us was going to be right, because you were long, the system was short. My point was: There is no "right" if you have the emotional make up to follow a rigid trading system (which CANSLIM is not, IMHO). Systems are always right, people are usually wrong, I think. RXSD as a short under the "system" is not "wrong", but "churn", "buy-on-a-pullback" could very well be. That was my point. And, BTW, I don't view RXSD as a super strong CANSLIM stock (Acc/Dist rank is "D"). Currently, it looks like a "base failure", to me. Will it "shake out plus three points" reverse (page 168)? Maybe. The volume was certainly impressive. But I know of no "buy-on-a-pullback" when a stock is crashing through significant support in the CANSLIM world. If I've missed it, please point it out. Finally, I only short with in the money Puts, 3-6 months out. So, your reference to a 10% move against any of my shorts is misguided. Puts on the super volatile high fliers does not track the underlying stock. So, with my long of NBTY, about even for the day. Regards. Jeff - - ------------------------------ Date: Tue, 31 Mar 1998 08:05:10 -0500 From: "Frank V. Wolynski" Subject: Re: [CANSLIM] Industry Group List available from IBD! I have popped them an Email inquiring as to the availability of a diskette, or online download of the list. I will post their response. Frank Wolynski At 11:10 3/29/98 -0700, you wrote: > >Years ago IBD sold the list on a floppy disk for $15.... Maybe if the list >asks they will make it available again on a 3.5 inch floppy... > >Otherwise someone will buy the printed list, scan it and start selling it >illegally on the Internet... > >Jim Andrews Phoenix > > > >At 09:24 AM 3/29/98 -0500, you wrote: >>IBD has returned to publishing their Industry Group guide. It is available >>for $35 + shipping from IBD's library. Call 800-815-6300. >> >>It was mentioned in "To Make a Long Story Short", page 1 on Monday's paper. >> >>I believe it is officially known as the "Industry Group and Ticker Symbol >>Guide". >> >>Frank Wolynski >> >> >>- >> >> >> > > >- > > - - ------------------------------ Date: Tue, 31 Mar 1998 09:16:49 -0500 From: Ari Lawson Subject: Re: [CANSLIM] ETH (and others) Can you please tell me a good system for watching and tracking stocks? Thank you - - ------------------------------ Date: Tue, 31 Mar 1998 21:57:27 +0700 (ICT) From: Peter Christiansen Subject: [CANSLIM] Breakout CBSL CBSL is breaking out of a 5 week base. A little short for my taste, but the other characteristics are all there. Peter Christiansen Chiang Mai - Thailand - - ------------------------------ Date: Tue, 31 Mar 1998 10:42:46 -0500 From: olafur.josefsson@analog.com (Oli Josefsson) Subject: [CANSLIM] MTIC break out point Greetings. I researched MTIC last night and liked what I saw. I like to see the P/E ratio substantially lower than the projected growth rate for the companies I buy and MTIC fits the bill in addition to meet most CANSLIM criteria. What do members consider the point of a definite breakout for MTIC. My 3 last purchases which were KELL, USNA and TMBS have all failed to materialize and I have bee forced out with 5 -8% losses so apparently my reading on the exact purchase point need some refining - or perhaps I am running into the tired bull where according to WON one starts to see breakouts failing. Are other members seeing breakouts of their stocks failing ? What do you consider the point at which MTIC price/volume action is telling us it has broken out and is starting up to a higher base ? Thanks, Oli. - - ------------------------------ Date: Tue, 31 Mar 1998 10:47:35 -0500 From: "John Lloyd" Subject: Re: [CANSLIM] ETH (and others) Ari Try http://www.Wallstreetcity.com// You can track stocks, get news and do your research. - -----Original Message----- From: Ari Lawson To: canslim@lists.xmission.com Cc: Watch@smtp1.erols.com ; list@smtp1.erols.com Date: Tuesday, March 31, 1998 9:21 AM Subject: Re: [CANSLIM] ETH (and others) >Can you please tell me a good > system for watching and tracking stocks? > > Thank you > > >- > > - - ------------------------------ Date: Tue, 31 Mar 1998 08:01:00 -0800 From: Tim Fisher Subject: Re: [CANSLIM] RXSD Not really. I bot INFS the day before its crash. I just like to play many different angles, after all I'm here to learn, and my philosophy is that I'm playing with my retirement money and making all the mistakes now, rather than when I'm 50. I hope to get good at this in 5-10 eyars so I can be a shark for the next 20, and retire with more $$ than I know what to do with! If I thought that CANSLIM was a a lark than I would be investing using some other philosophy, however it certainly has proven itself to me through my own experiences. However I'm not about to discount other schools of thought which appeal to me. One of those happens to be buying stocks which the houses are attepting to churn for no good reason. So far it has worked wonderfully and combined with CANSLIM it seems to be a better than 50-50 chance of making 20% quickly. I can't say that for C&H breakouts which IMHO have about a 40% chance of succeeding. LLUR breakouts seem to run about 50-50 for me. One of these days I hope to be right at least 75% of the time using some combination of methods. Hmm, maybe then I can change my address to "stkguru2"... At 11:13 PM 3/30/98 -0600, you wrote: >Interesting banter on this one. Jeffry doesn't like its >recent action, and says so (barely hiding his sarcastic bent). >Tim thinks its a buying opportunity - and lauds the 10% >boost today. > >Aside from the recent price action, it certainly qualifies >as a CANSLIM stock. But I too would not have taken the >risk today based on last week's action. Nevertheless, I've >heard enough from Tim to know that he possesses some insight >that eludes me. > >Dave Cameron Tim Fisher / tfish@spiritone.com Ore-Rock-On and Pacific Fishery Biologists WWW Sites: http://www.spiritone.com/~tfish See naked fish and rocks! - - ------------------------------ Date: Tue, 31 Mar 1998 09:09:50 -0500 From: Craig Griffin Subject: Re: [CANSLIM] DSTM - Breakout Hi Dave, You wrote: > I have the last 11 quarters worth of earnings. Where do are you getting this particular info (DG has last 8 of course). Is there a good place on the web to get some basic DG data (esp. all in one place)? Best regards, Craig - - ------------------------------ Date: Tue, 31 Mar 1998 11:34:12 EST From: DCSquires Subject: Re: [CANSLIM] MTIC break out point In a message dated 98-03-31 10:48:49 EST, you write: << What do members consider the point of a definite breakout for MTIC. >> I was ready to buy this stock at 15 3/8 --15 1/2, which is where the stock cleared a two week consolidation. That occured last Tuesday and the stock traded between 15 1/2 and 16 for the next four days. During that retest time the stock traded well, so a postion could have been established even if Tuesday's BO was missed. MTIC is now trading at 17, which is a bit extended for new positions, IMO. << What do you consider the point at which MTIC price/volume action is telling us it has broken out and is starting up to a higher base ? >> The first sign was in the begining of March when MTIC emerged from a 5-month consolidation period by breaking its downtrend line on heavy volume. I was watching the stock at this point but didn't buy it because the trading looked sloppy to me. After it broke the DTL on 3-5 you can see that it moved higher on heavy volume but was only able to close near the high of the day one time. This discouraged me but a week later I looked at the chart and it showed a sideways consolidation. I was pleased to see this as I thought this slow period would force out the weaker hands that where selling in the previous rally. As the 2 week consolidation went on you can see the volume contracted, possible pointing to seller exhaustion. This put me firmly in the bull camp and I was ready and waiting for the breakout. DSquires - - ------------------------------ Date: Tue, 31 Mar 1998 09:57:04 -0800 From: "Patrick Wahl" Subject: Re: [CANSLIM] MTIC break out point > Date: Tue, 31 Mar 1998 10:42:46 -0500 > From: olafur.josefsson@analog.com (Oli Josefsson) > I researched MTIC last night and liked what I saw. > I like to see the P/E ratio substantially lower than > the projected growth rate for the companies I buy and MTIC > fits the bill in addition to meet most CANSLIM criteria. Chart looks good, although maybe it should pause up there around the old high level, 18 or so, form a handle like thing. One possible negative is that earnings for 1999 are revised downward, also year ends in March, so they are essentially beginning their 1999 earnings season now. Also, don't know too much about what they do, but the DG said storage devices, which is very competetive, cut throat, low margins, short product cycles, etc. - that is, the fortunes of those companies can change quickly, and if you look at the past earnings for MTIC, they have been pretty variable. However, to steal a line from Frank, I'm wrong a lot of the time, don't know anything, I might be a good contrary indicator, so if you are convinced the stuff I said is not a problem, go ahead and buy on a breakout. > What do members consider the point of a definite breakout > for MTIC. My 3 last purchases which were KELL, USNA and TMBS > have all failed to materialize and I have bee forced out with 5 -8% > losses so apparently my reading on the exact purchase point I am also watching KELL, did not buy recent price spike. Looking at the chart to see what held me back, I think it was still in an overall basing pattern, spiked up out of what you could argue was the bottom of a cup, down around 22. So when it made a new high, which I guess could be seen as a buy point, it had climbed straight up from 22 to 27 1/2. I think the next breakout above 27 would be a real breakout. - - ------------------------------ Date: Tue, 31 Mar 1998 12:58:09 -0500 From: Craig Griffin Subject: [CANSLIM] 60 day WMA? (was RXSD) Peter, You wrote, >I don't like the fact that the 60 day WMA has now turned down. What is the 60 day WMA? I assume it is a moving average, but what does the "W" mean? And - what has led you to start using this particular moving average? Just wondering. Craig - - ------------------------------ Date: Wed, 1 Apr 1998 01:30:24 +0700 (ICT) From: Peter Christiansen Subject: Re: [CANSLIM] 60 day WMA? (was RXSD) Craig, It is a 60 day weighted moving average. Through trial and error I found that it serves me better than the commonly used 50 day average; at little less sensitive. You were asking where to get the last twelve quarters earnings... The beta version of Quotes Plus 2.0 supplies the last 12 quarters of earnings and revenues. Peter At 12:58 PM 3/31/98 -0500, you wrote: >Peter, > >You wrote, >>I don't like the fact that the 60 day WMA has now turned down. > >What is the 60 day WMA? I assume it is a moving average, but what does the >"W" mean? > >And - what has led you to start using this particular moving average? > >Just wondering. > >Craig > >- > > > Peter Christiansen Chiang Mai - Thailand - - ------------------------------ Date: Tue, 31 Mar 1998 14:26:11 -0500 From: Ari Lawson Subject: Re: [CANSLIM] ETH (and others) Thanks.Very much. - - ------------------------------ Date: Tue, 31 Mar 1998 12:12:42 -0800 From: Tim Fisher Subject: Re: [CANSLIM] 60 day WMA? (was RXSD) At 01:30 AM 4/1/98 +0700, you wrote: >Craig, > >It is a 60 day weighted moving average. Through trial and error I found >that it serves me better than the commonly used 50 day average; at little >less sensitive. > Better than which one, the standard moving average (SMA) or the exponential moving average (EMA)? BTW the first time I bot RXSD was last May when the 50d EMA was solidly downtrending. It broke out hot and heavy early in the month and the EMA followed the breakout up. I made 2.5X my money on that buy, of course it wasn't a CANSLIM buy at the time, having come off a descending base, but that was before I had even bought HTMMIS. Tim Fisher / tfish@spiritone.com Ore-Rock-On and Pacific Fishery Biologists WWW Sites: http://www.spiritone.com/~tfish See naked fish and rocks! - - ------------------------------ Date: Wed, 1 Apr 1998 03:48:29 +0700 (ICT) From: Peter Christiansen Subject: Re: [CANSLIM] 60 day WMA? (was RXSD) Actually I was referring more to the length of the average rather than the weighting method. There are lots of ways to make money trading stocks. Now the RXSD's MA is rolling over after climbing for the past ten months. That raises a red flag for me. I'm not saying the average won't turn around and start climbing again. I just prefer to buy stocks that are in confirmed up trends, rather than ones where the up trend may be coming to a close. At 12:12 PM 3/31/98 -0800, you wrote: >Better than which one, the standard moving average (SMA) or the exponential >moving average (EMA)? > >BTW the first time I bot RXSD was last May when the 50d EMA was solidly >downtrending. It broke out hot and heavy early in the month and the EMA >followed the breakout up. I made 2.5X my money on that buy, of course it >wasn't a CANSLIM buy at the time, having come off a descending base, but >that was before I had even bought HTMMIS. Peter Christiansen Chiang Mai - Thailand - - ------------------------------ Date: Tue, 31 Mar 1998 14:50:49 -0600 From: "Joe Scott" Subject: [CANSLIM] Sorry This is a multi-part message in MIME format. - ------=_NextPart_000_0006_01BD5CB4.6533BC80 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Are you there? I'm sorry for being a jerk, I don't know why I do that. I should have never done that to you, Please forgive me. I'm sorry tt, I = really am, I couldn't think of anything but how bad I was to you about = that, I couldn't wait to get back and say I'm sorry. I know thats not = enough, but I swear I'll try not to let my feelings get the best of me = like that again. I promise. I love you so much your kanga - ------=_NextPart_000_0006_01BD5CB4.6533BC80 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Are you there?
I'm sorry for being a jerk, I don't know why = I do=20 that.
I should have never done that to you, Please = forgive=20 me. I'm sorry tt, I really am, I couldn't think of anything but how bad = I was to=20 you about that, I couldn't wait to get back and say I'm sorry. I know = thats not=20 enough, but I swear I'll try not to let my feelings get the best of me = like that=20 again. I promise.
I love you so much
your kanga
- ------=_NextPart_000_0006_01BD5CB4.6533BC80-- - - ------------------------------ Date: Tue, 31 Mar 1998 14:52:02 -0600 From: "Joe Scott" Subject: [CANSLIM] Mistake This is a multi-part message in MIME format. - ------=_NextPart_000_0012_01BD5CB4.90C76FE0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Catch it if you can sent by mistake sorry - ------=_NextPart_000_0012_01BD5CB4.90C76FE0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Catch it if you can sent by = mistake
sorry
- ------=_NextPart_000_0012_01BD5CB4.90C76FE0-- - - ------------------------------ Date: Tue, 31 Mar 1998 14:57:28 -0600 From: "Joe Scott" Subject: [CANSLIM] oh well This is a multi-part message in MIME format. - ------=_NextPart_000_0029_01BD5CB5.531D3160 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable you guys needed to know a bit about my personal life, and get a laugh = for the day. sorry lol don't know a thing joe - ------=_NextPart_000_0029_01BD5CB5.531D3160 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
you guys needed to know a bit about my = personal life,=20 and get a laugh for the day.
sorry  lol
don't know a = thing
joe
- ------=_NextPart_000_0029_01BD5CB5.531D3160-- - - ------------------------------ Date: Tue, 31 Mar 1998 16:54:02 -0500 From: Ari Lawson Subject: Re: [CANSLIM] RXSD Short Sorry, When you say "system" do you mean CANSLIM? - - ------------------------------ Date: Tue, 31 Mar 1998 16:59:17 -0500 From: Ari Lawson Subject: Re: [CANSLIM] Shorts Sorry again.A second thougt.If when you say "system"you mean "canslim" why the hell don't you just say so? No ill will intended! - - ------------------------------ Date: Tue, 31 Mar 1998 17:07:35 -0500 From: "Frank V. Wolynski" Subject: Re: [CANSLIM] 60 day WMA? (was RXSD) At 12:12 3/31/98 -0800, Tim Fisher wrote: >BTW the first time I bot RXSD was last May when the 50d EMA was solidly >downtrending. It broke out hot and heavy early in the month and the EMA >followed the breakout up. I made 2.5X my money on that buy, of course it >wasn't a CANSLIM buy at the time, having come off a descending base, but >that was before I had even bought HTMMIS. > > >Tim Fisher / tfish@spiritone.com >Ore-Rock-On and Pacific Fishery Biologists WWW Sites: >http://www.spiritone.com/~tfish >See naked fish and rocks! > So, now that you are investing correctly, per the canslim system, how are you faring in comparison? Better or worse? :-) Just kidding! Frank Wolynski - - ------------------------------ Date: Tue, 31 Mar 1998 18:21:56 -0500 From: Customer Service (by way of "Frank V. Wolynski" ) Subject: [CANSLIM] RE: Industry Group Guide Got a response to my inquiry for a downloadable or diskette version of the Industry Group Guide. It is below. Frank Wolynski - -------------------------------------------------------------------------- Thank you for your email. Currently this is only available through IBD in print form. Daily Graphs Online - -----Original Message----- From: Frank V. Wolynski [SMTP:Wolynski@MindSpring.Com] Sent: Tuesday, March 31, 1998 5:04 AM To: custserv@dailygraphs.com Subject: Industry Group Guide In Mondays IBD, there was mention of the Industry Group Guide that IBD once published and has returned to publishing. Is this available on disk or via an online download? I would much prefer the online download. Thanks, Frank Wolynski wolynski@mindspring.com - - ------------------------------ Date: Tue, 31 Mar 1998 19:16:08 -0500 From: "Surindra Singh" Subject: RE: [CANSLIM] Sorry This is a multi-part message in MIME format. - ------=_NextPart_000_0019_01BD5CD9.76FA0F80 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: 7bit Hooooooo!!!!! Sounds like a love letter. ;-) -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Joe Scott Sent: Tuesday, March 31, 1998 3:51 PM To: CANSLIM Subject: [CANSLIM] Sorry Are you there? I'm sorry for being a jerk, I don't know why I do that. I should have never done that to you, Please forgive me. I'm sorry tt, I really am, I couldn't think of anything but how bad I was to you about that, I couldn't wait to get back and say I'm sorry. I know thats not enough, but I swear I'll try not to let my feelings get the best of me like that again. I promise. I love you so much your kanga - ------=_NextPart_000_0019_01BD5CD9.76FA0F80 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Hooooooo!!!!!
 
Sounds like a love letter.
 
          &nbs= p;            = ;            =             &= nbsp;           &n= bsp;           =20 ;-)
-----Original=20 Message-----
From: owner-canslim@lists.xmission.com=20 [mailto:owner-canslim@lists.xmission.com]On Behalf Of Joe=20 Scott
Sent: Tuesday, March 31, 1998 3:51 PM
To:=20 CANSLIM
Subject: [CANSLIM] Sorry

Are you there?
I'm sorry for being a jerk, I don't know = why I do=20 that.
I should have never done that to you, = Please=20 forgive me. I'm sorry tt, I really am, I couldn't think of anything = but how=20 bad I was to you about that, I couldn't wait to get back and say I'm = sorry.=20 I know thats not enough, but I swear I'll try not to let my feelings = get the=20 best of me like that again. I promise.
I love you so much
your = kanga
- ------=_NextPart_000_0019_01BD5CD9.76FA0F80-- - - ------------------------------ End of canslim-digest V2 #171 ***************************** 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.