From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #1751 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, October 25 2001 Volume 02 : Number 1751 In this issue: Re: [CANSLIM] TARO Re: [CANSLIM] Where to find WMAR? Re: [CANSLIM] GPI Re: [CANSLIM] Distribution Day? Re: [CANSLIM] SRZ Re: [CANSLIM] TARO Re: [CANSLIM] Where to find WMAR? Re: [CANSLIM] TARO Re: [CANSLIM] TARO Re: [CANSLIM] Where to find WMAR? [CANSLIM] Flaws in ADVP Re: [CANSLIM] Flaws in ADVP Re: [CANSLIM] Flaws in ADVP [CANSLIM] more Goran AW: [CANSLIM] Flaws in ADVP ---------------------------------------------------------------------- Date: Wed, 24 Oct 2001 19:40:01 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] TARO This is a multi-part message in MIME format. - ------=_NextPart_000_0019_01C15CC3.AC3028E0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Only means the handle portion of the formation may not yet be complete = and ready for a breakout. Then again, since it is forming this below its = old high, may just mean there is a lot of buying interest. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Spencer48@aol.com=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, October 24, 2001 1:42 PM Subject: Re: [CANSLIM] TARO In a message dated 10/24/2001 7:26:44 AM Eastern Daylight Time,=20 stkguru@netside.net writes: << I don't know about the Gann lines, but do agree with the c&h.... >> Tom: I see a nice Handle in the price formation, but there is no = dwindling=20 volume. Doesn't that lack of lower volume make the Handle suspect? jans =20 - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. - ------=_NextPart_000_0019_01C15CC3.AC3028E0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Only means the handle portion of the formation may = not yet be=20 complete and ready for a breakout. Then again, since it is forming = this=20 below its old high, may just mean there is a lot of buying=20 interest.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Spencer48@aol.com
To: canslim@lists.xmission.com =
Sent: Wednesday, October 24, = 2001 1:42=20 PM
Subject: Re: [CANSLIM] = TARO

In a message dated 10/24/2001 7:26:44 AM Eastern = Daylight Time,=20
stkguru@netside.net=20 writes:

<< I don't know about the Gann lines, but do = agree with=20 the c&h.... >>

Tom:

     I = see a=20 nice Handle in the price formation, but there is no dwindling=20
volume.  Doesn't that lack of lower volume make the Handle=20 suspect?

jans 

-
-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_0019_01C15CC3.AC3028E0-- - - - -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, 24 Oct 2001 19:46:37 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] Where to find WMAR? This is a multi-part message in MIME format. - ------=_NextPart_000_0032_01C15CC4.97F75A00 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable That still makes no sense. This stock has closed over $10 since 10/2, = and has traded over $10 since 10/4. And ADV is 297,100 according to DGO. = I think IBD is just making another mistake. Maybe it's only updated monthly, so you don't have to search for stocks = that keep bouncing over and under $10? Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Kent Norman=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, October 24, 2001 5:49 PM Subject: Re: [CANSLIM] Where to find WMAR? I think the last time I looked the cheap section is also for low volume stocks even if they are above $10. Kent --- Warren Keuffel wrote: > Found it! Thanks. But I am confused as to why it > is listed as "Under $10" > when it is currently at around $15. Maybe it needs > to be >$10 for a week or a > month before they move it to the main tables.=20 > Whatever. Anyway, I appreciate > the help. >=20 > Warren >=20 > Rich W wrote: >=20 > > Warren, > > I found it in the under $10 NASDAQ & NYSE tables, > page B11 in Tue's paper, > > 3rd column > > from the left. and was in Bold print as it hit new > high Mon. > > Rich > > > > - > > -To subscribe/unsubscribe, email > "majordomo@xmission.com" > > -In the email body, write "subscribe canslim" or > > -"unsubscribe canslim". Do not use quotes in your > email. >=20 >=20 > - > -To subscribe/unsubscribe, email > "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. __________________________________________________ Do You Yahoo!? Make a great connection at Yahoo! Personals. http://personals.yahoo.com - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. - ------=_NextPart_000_0032_01C15CC4.97F75A00 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
That still makes no sense. This stock has closed = over $10=20 since 10/2, and has traded over $10 since 10/4. And ADV is 297,100 = according to=20 DGO. I think IBD is just making another mistake.
 
Maybe it's only updated monthly, so you don't have = to search=20 for stocks that keep bouncing over and under $10?
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Kent=20 Norman
To: canslim@lists.xmission.com =
Sent: Wednesday, October 24, = 2001 5:49=20 PM
Subject: Re: [CANSLIM] Where to = find=20 WMAR?

I think the last time I looked the cheap section = is
also for=20 low volume stocks even if they are above $10.

Kent

--- = Warren=20 Keuffel <wkeuffel@xmission.com>=20 wrote:
> Found it!  Thanks.  But I am confused as to = why=20 it
> is listed as "Under $10"
> when it is currently at = around=20 $15.  Maybe it needs
> to be >$10 for a week or = a
> month=20 before they move it to the main tables.
> Whatever.  = Anyway, I=20 appreciate
> the help.
>
> Warren
>
> = Rich W=20 wrote:
>
> > Warren,
> > I found it in the = under $10=20 NASDAQ & NYSE tables,
> page B11 in Tue's paper,
> = > 3rd=20 column
> > from the left. and was in Bold print as it hit = new
>=20 high Mon.
> > Rich
> >
> > -
> > = - -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
> email.
> =
>=20
> -
> -To subscribe/unsubscribe, email
> "majordomo@xmission.com"
>= ; -In=20 the email body, write "subscribe canslim" or
> -"unsubscribe=20 canslim".  Do not use quotes in=20 = your
email.


_______________________________________________= ___
Do=20 You Yahoo!?
Make a great connection at Yahoo! Personals.
http://personals.yahoo.com
-
-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_0032_01C15CC4.97F75A00-- - - - -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, 24 Oct 2001 19:56:57 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] GPI This is a multi-part message in MIME format. - ------=_NextPart_000_0050_01C15CC6.098CFFC0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi Norman, My only thought is that I am already seeing reports that auto sales in = 2002 will be down considerably from 2001. There seems to be some = thinking that dealerships are cannibalizing next year's sales with all = the deals and no interest loans to keep business moving now, when = unemployment and a weak economy would otherwise be slowing their = business (not to mention the 9/11 attack). Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Norman=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, October 24, 2001 6:23 PM Subject: [CANSLIM] GPI http://www.group1auto.com/investor.htm investors.com data: 97 98 ABB Group rank=3D6/197 ADV: 197,500 appreciated 239% YTD! 3 yr earnings growth: 31% 3 yr sales growth: 53% c+h:9+3 ?? volume falling off in the last 3 weeks from Morningstar: ROE: 16.5 shares outstanding: 19+ million fund ownership: 9% (77 funds) From Earnings Whispers: consensus target: $28 reports tomorrow Looks like GPI is mislabeled by IBD as a Retail-Misc. Maybe it should be Automotive-Something? Any thoughts on this one? - ------=_NextPart_000_0050_01C15CC6.098CFFC0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Hi Norman,
 
My only thought is that I am already seeing reports = that auto=20 sales in 2002 will be down considerably from 2001. There seems to be = some=20 thinking that dealerships are cannibalizing next year's sales with all = the deals=20 and no interest loans to keep business moving now, when unemployment and = a weak=20 economy would otherwise be slowing their business (not to mention the = 9/11=20 attack).
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Norman
To: canslim@lists.xmission.com =
Sent: Wednesday, October 24, = 2001 6:23=20 PM
Subject: [CANSLIM] GPI

http://www.group1auto.com= /investor.htm

investors.com data:
97 98 ABB
Group=20 rank=3D6/197
ADV: 197,500
appreciated 239% YTD!
3 yr earnings = growth:=20 31%
3 yr sales growth: 53%
c+h:9+3 ??
volume falling off in = the last=20 3 weeks

from Morningstar:
ROE:=20 16.5
shares outstanding: 19+ million
fund ownership: 9% (77=20 funds)

From Earnings = Whispers:
consensus=20 target: $28

reports tomorrow

Looks like GPI is = mislabeled by IBD=20 as a Retail-Misc.  Maybe it should
be = Automotive-Something?

Any=20 thoughts on this one?




- ------=_NextPart_000_0050_01C15CC6.098CFFC0-- - - - -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, 24 Oct 2001 18:57:14 -0600 From: esetser Subject: Re: [CANSLIM] Distribution Day? OK, a quick check of the 26 lessons on investing netted this definition: "In general, distribution is indicated by the index closing down or stalling on greater volume than the day before. " So you could count a day with little price progress on high volume as a distribution day. At 09:09 PM 10/23/01 -0700, you wrote: >It would be distribution if it was unchanged on higher volume, wouldn't it? > >----- Original Message ----- >From: "Tim Fisher" >To: >Sent: Tuesday, October 23, 2001 4:26 PM >Subject: RE: [CANSLIM] Distribution Day? > > >> I thought that at least one major market index had to be down 1% (or 2% >> depending if the new rules apply to distribution) on heavier vol than >> the day before in order for it to be a distribution day. Not that I'm >> disputing you; my account definitely distributed some of my wealth >> today! >> >> Tim Fisher >> OreRockOn - Oregon Rockhounds Online >> Tim@OreRockOn.com >> http://OreRockOn.com >> >> -----Original Message----- >> From: owner-canslim@lists.xmission.com >> [mailto:owner-canslim@lists.xmission.com] On Behalf Of Charles >> Cangialosi >> Sent: Tuesday, October 23, 2001 7:14 PM >> To: Canslim >> Subject: [CANSLIM] Distribution Day? >> >> >> >> To my untrained eye, today was a distribution day. In fact I >> think possibly it is the third, 10/17,10/18,10/23, also I was looking at >> some of the good looking break outs and it appears there are a large >> number of failures. I am sure that someone is doing great right now, but >> I don't really have he experience to do very well in this confusing >> market. I am a big believer in CANSLIM but at the moment perhaps there >> are some bargains to be had in some beaten down stocks. WON emphasizes >> M, I guess I am confused about what M is really doing. >> >> Charlie >> >> >> >> >> >> >> - >> -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. > > - - - -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, 24 Oct 2001 19:03:32 -0600 From: esetser Subject: Re: [CANSLIM] SRZ You want some bullets, no problem! (Very few perfect stocks out there!!) One thing that bothered me on this one is the anaylst estimates. They show 77% growth in 2001, but only 15% in 2002. They also both show they have been revised down from earlier estimates, not the trend an investor wants to see. ROE also shows as only 7%. (Now that my gun is empty...) Overall, I felt that this one looked pretty good, but I also feel "M" is a little suspect right now, and I'm hanging onto my present 2 positions, but taking a very skeptical look at new purchases for the moment. At 03:00 PM 10/24/01 +0200, you wrote: >Please try to shoot some bullets in it, I can not see much that I do not like (besides ROI of 7%) --> > >EPS RATE 99 >RS RATE 91 >ROI 7% (not that good) >Mgm Holdings 21% >Industry Rating A >PE 17 (!!!) >Shares outstanding 21.9 Mio > >Technically: Could be a CWH? Handle not that long, good volumne but not really >huge price movement ... > >See you > >Andreas > >- >-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, 24 Oct 2001 19:07:13 -0600 From: esetser Subject: Re: [CANSLIM] TARO I'm not sure where you got 48, but WON says a buyable handle can form at any point of the right side of the cup, as long as the handle is at least 50% of the way up (from the low to the previous high). This one looks to me to be just above the 50% point, so it would be buyable. I also feel this is low for my personal tastes so I'll watch it and hope for a higher handle on the way up. At 07:54 AM 10/24/01 -0600, you wrote: >Doesn't it need to form a handle at 48, the old high? It is still down >in what I would call a basing area, and any move higher from 40 >would not be a breakout from a pivot point, that would have to occur >at 48. > >On 23 Oct 01, at 21:39, Hill, Ernie wrote: > >> Looks to me like TARO is forming a C&H with a two week handle. The low point >> of the handle which was made on 10-18 at a price of 37.80 occurred at the >> intersection of two Gann angle lines and the 50 day moving average. These >> are very powerful technical indicators of strong support for the stock at >> this price level. Price action can often move much higher from these types >> of support levels. >> >> I am a buyer if it moves thru the pivot. By the way the fundies are really >> good too. >> >> E >> >> >> ****************************************************************** >> This email and any files transmitted with it from the ElPaso >> Corporation are confidential and intended solely for the >> use of the individual or entity to whom they are addressed. >> If you have received this email in error please notify the >> sender. >> ****************************************************************** >> >> - >> -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: Wed, 24 Oct 2001 19:19:30 -0600 From: esetser Subject: Re: [CANSLIM] Where to find WMAR? OK, I found it in today's paper (10/24). It is in the Stocks Under $10 section (based on recent prices I assume), and can be found on page B11, column 5, the 5th stock under the add. It is called WstMarn. At 08:53 AM 10/24/01 -0600, you wrote: >Thanks, Tom, but I have already looked there and can't seem to find it. >Will someone who has an actual printed copy of IBD look and see if they >can find it? I've looked through the entire "W" section of the main >Nasdaq (as well as elsewhere) and do not see it. > >Warren > >Tom Worley wrote: > >> It's full name is West Marine, Inc., and should be in the main Nasdaq >> listings as it is NMS (Nat'l Market System). Closed up another point >> and a half today on 5X ADV at $15.70 (see, I don't always buy cheap >> stocks!). New high, now is extended more than 5%. Tom Worley >> stkguru@netside.net >> AIM: TexWorley >> >> ----- Original Message ----- >> From: Warren Keuffel >> To: CANSLIM list >> Sent: Tuesday, October 23, 2001 2:41 PM >> Subject: [CANSLIM] Where to find WMAR? >> I'm sure this is a 52-week high stupid question, but I am >> unable to find >> WMAR in my IBD. Looked in NYSE, NASDAQ and <$10 tables >> under "W"s and >> can't find it. Do I need new glasses or what? >> >> Thanks, >> Warren >> >> >> - >> -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, 25 Oct 2001 08:18:19 +0700 From: Peter Christiansen Subject: Re: [CANSLIM] TARO As I recall, the lows of the handle should be in the upper half of the cup. On TARO the lows of the handle are below this mid point of 38.6955. Peter At 07:07 PM 10/24/2001 -0600, you wrote: >I'm not sure where you got 48, but WON says a buyable handle can form at >any point of the right side of the cup, as long as the handle is at least >50% of the way up (from the low to the previous high). This one looks to >me to be just above the 50% point, so it would be buyable. I also feel >this is low for my personal tastes so I'll watch it and hope for a higher >handle on the way up. > > >At 07:54 AM 10/24/01 -0600, you wrote: > >Doesn't it need to form a handle at 48, the old high? It is still down > >in what I would call a basing area, and any move higher from 40 > >would not be a breakout from a pivot point, that would have to occur > >at 48. > > > >On 23 Oct 01, at 21:39, Hill, Ernie wrote: > > > >> Looks to me like TARO is forming a C&H with a two week handle. The low >point > >> of the handle which was made on 10-18 at a price of 37.80 occurred at the > >> intersection of two Gann angle lines and the 50 day moving average. These > >> are very powerful technical indicators of strong support for the stock at > >> this price level. Price action can often move much higher from these types > >> of support levels. > >> > >> I am a buyer if it moves thru the pivot. By the way the fundies are really > >> good too. > >> > >> E > >> > >> > >> ****************************************************************** > >> This email and any files transmitted with it from the ElPaso > >> Corporation are confidential and intended solely for the > >> use of the individual or entity to whom they are addressed. > >> If you have received this email in error please notify the > >> sender. > >> ****************************************************************** > >> > >> - > >> -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. "The crowd has never thirsted for the truth" - Gustave LeBon - - - -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, 24 Oct 2001 19:31:20 -0600 From: esetser Subject: Re: [CANSLIM] TARO My memory was vague on this point, so I re-checked HTMMIS and it only says the handle should be in the upper 50%. It doesn't define if that's the midpoint or the bottom of the handle, so I give this one the benefit of the doubt (although, again, I'm not a buyer from this handle). At 08:18 AM 10/25/01 +0700, you wrote: >As I recall, the lows of the handle should be in the upper half of the >cup. On TARO the lows of the handle are below this mid point of 38.6955. > >Peter > >At 07:07 PM 10/24/2001 -0600, you wrote: >>I'm not sure where you got 48, but WON says a buyable handle can form at >>any point of the right side of the cup, as long as the handle is at least >>50% of the way up (from the low to the previous high). This one looks to >>me to be just above the 50% point, so it would be buyable. I also feel >>this is low for my personal tastes so I'll watch it and hope for a higher >>handle on the way up. >> >> >>At 07:54 AM 10/24/01 -0600, you wrote: >> >Doesn't it need to form a handle at 48, the old high? It is still down >> >in what I would call a basing area, and any move higher from 40 >> >would not be a breakout from a pivot point, that would have to occur >> >at 48. >> > >> >On 23 Oct 01, at 21:39, Hill, Ernie wrote: >> > >> >> Looks to me like TARO is forming a C&H with a two week handle. The low >>point >> >> of the handle which was made on 10-18 at a price of 37.80 occurred at the >> >> intersection of two Gann angle lines and the 50 day moving average. These >> >> are very powerful technical indicators of strong support for the stock at >> >> this price level. Price action can often move much higher from these types >> >> of support levels. >> >> >> >> I am a buyer if it moves thru the pivot. By the way the fundies are really >> >> good too. >> >> >> >> E >> >> >> >> >> >> ****************************************************************** >> >> This email and any files transmitted with it from the ElPaso >> >> Corporation are confidential and intended solely for the >> >> use of the individual or entity to whom they are addressed. >> >> If you have received this email in error please notify the >> >> sender. >> >> ****************************************************************** >> >> >> >> - >> >> -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. > >"The crowd has never thirsted for the truth" - Gustave LeBon > > >- >-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, 24 Oct 2001 19:31:36 -0600 From: esetser Subject: Re: [CANSLIM] Where to find WMAR? I didn't think you took the paper Tom? Anyway, the note in the paper says, "Stocks under $10 or with an average daily volume unde 20,000 shares;list updated first week of each month." I guess it was still under $10 when they did the update for the month. At 07:46 PM 10/24/01 -0400, you wrote: > That still makes no sense. This stock has closed over $10 since 10/2, >and has traded over $10 since 10/4. And ADV is 297,100 according to DGO. I >think IBD is just making another mistake. Maybe it's only updated >monthly, so you don't have to search for stocks that keep bouncing over >and under $10? Tom Worley >stkguru@netside.net >AIM: TexWorley > ----- Original Message ----- From: Kent Norman To: >canslim@lists.xmission.com Sent: Wednesday, October 24, 2001 5:49 PM > Subject: Re: [CANSLIM] Where to find WMAR? >I think the last time I looked the cheap section is >also for low volume stocks even if they are above $10. > >Kent > > wrote: >> But I am confused as to why it >> is listed as "Under $10" >> Maybe it needs >>>$10 for a week or a >> month before they move it to the main tables. >> Anyway, I appreciate >> the help. >> >> Warren >> >> Rich W wrote: >> >>> Warren, >>>& NYSE tables, >> page B11 in Tue's paper, >>> 3rd column >>> from the left. and was in Bold print as it hit new >> high Mon. >>> Rich >>> >>> - >>> -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 >> Do not use quotes in your >email. > > >__________________________________________________ >Do You Yahoo!? >Make a great connection at Yahoo! Personals. >http://personals.yahoo.com > >- >-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, 25 Oct 2001 08:32:05 +0700 From: Peter Christiansen Subject: [CANSLIM] Flaws in ADVP Anyone watch The Traders on webfn.com last Thursday (you can also watch the archive)? Goran Yordanoff was talking about the distribution and insider selling he had been seeing in ADVP over the last two weeks. He started selling it short the week before the breakout. On the day of the breakout, even though he was frightened, he doubled up on his short position. He said if you are going to be a professional, you have to take a contrarian viewpoint. He said the trend followers, are amateur traders. I would guess that includes canslimers. Any thoughts? Anyone else see anything wrong with ADVP at the time of the breakout? I didn't buy it, but thought the breakout looked pretty decent. Peter "The crowd has never thirsted for the truth" - Gustave LeBon - - - -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, 24 Oct 2001 22:45:01 -0600 From: "Patrick Wahl" Subject: Re: [CANSLIM] Flaws in ADVP No, but - is this a freebie, or a subscription deal? I read a column or two of Yardanoff's at tradingmarkets.com before I let my subscription lapse, he seemed to be very good, and a very good writer to boot (I heard that he is no longer at tradingmarkets, they seem to lose most of their good columnists). I looked at a chart of ADVP just now with a couple of different money flow indicators on it, there is certainly no obvious signs of distribution to my untrained eye. I would disagree with him that trend followers are all amatuers, Dave Landry and Jeff Cooper all go with the trend, although they have different entry methods than canslimmers do. I have become much more wary of breakouts than I used to be, they do seem to have a high failure rate. On 25 Oct 01, at 8:32, Peter Christiansen wrote: > Anyone watch The Traders on webfn.com last Thursday (you can also watch the > archive)? Goran Yordanoff was talking about the distribution and insider > selling he had been seeing in ADVP over the last two weeks. He started > selling it short the week before the breakout. On the day of the breakout, > even though he was frightened, he doubled up on his short position. He > said if you are going to be a professional, you have to take a contrarian > viewpoint. He said the trend followers, are amateur traders. I would > guess that includes canslimers. > > Any thoughts? Anyone else see anything wrong with ADVP at the time of the > breakout? I didn't buy it, but thought the breakout looked pretty decent. > > Peter > > "The crowd has never thirsted for the truth" - Gustave LeBon > > > - > -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, 25 Oct 2001 12:09:03 +0700 From: Peter Christiansen Subject: Re: [CANSLIM] Flaws in ADVP Webfn.com is free. It is a 24 hour streaming financial news site. Every Thursday, at 4:30 I think, they have the program Dr. J and the Traders. This is hosted by Dr. Jon Najarian. Goran is a frequent and VERY opinionated guest. There are archives of the show; do a search on "Dr. J". I really enjoy the program. The one where Goran came on dressed as the Grim Reaper was absolutely hilarious. You are right about Trading Markets losing their best columnists. Goran hasn't written for them in a while, but I never saw any mention of his leaving. I couldn't find much in the way of distribution either. I know Goran is into candlestick charting. Maybe it shows up there? I haven't studied candlesticks, so I don't know what to look for. Agree on the breakout failures. I don't think this market is ready yet. It is certainly not conducive to breakout plays. Peter At 10:45 PM 10/24/2001 -0600, you wrote: >No, but - is this a freebie, or a subscription deal? I read a column >or two of Yardanoff's at tradingmarkets.com before I let my >subscription lapse, he seemed to be very good, and a very good >writer to boot (I heard that he is no longer at tradingmarkets, they >seem to lose most of their good columnists). > >I looked at a chart of ADVP just now with a couple of different >money flow indicators on it, there is certainly no obvious signs of >distribution to my untrained eye. > >I would disagree with him that trend followers are all amatuers, >Dave Landry and Jeff Cooper all go with the trend, although they >have different entry methods than canslimmers do. I have become >much more wary of breakouts than I used to be, they do seem to >have a high failure rate. > >On 25 Oct 01, at 8:32, Peter Christiansen wrote: > > > Anyone watch The Traders on webfn.com last Thursday (you can also watch > the > > archive)? Goran Yordanoff was talking about the distribution and insider > > selling he had been seeing in ADVP over the last two weeks. He started > > selling it short the week before the breakout. On the day of the > breakout, > > even though he was frightened, he doubled up on his short position. He > > said if you are going to be a professional, you have to take a contrarian > > viewpoint. He said the trend followers, are amateur traders. I would > > guess that includes canslimers. > > > > Any thoughts? Anyone else see anything wrong with ADVP at the time of the > > breakout? I didn't buy it, but thought the breakout looked pretty decent. > > > > Peter > > > > "The crowd has never thirsted for the truth" - Gustave LeBon > > > > > > - > > -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. "The crowd has never thirsted for the truth" - Gustave LeBon - - - -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, 25 Oct 2001 12:23:59 +0700 From: Peter Christiansen Subject: [CANSLIM] more Goran I just discovered Goran is writing a column titled The Sniper's Crosshairs
at www.beyondthebull.com


Peter


"The crowd has never thirsted for the truth" - Gustave LeBon
- - - -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, 25 Oct 2001 12:07:48 +0200 From: Andreas Himmelreich Subject: AW: [CANSLIM] Flaws in ADVP Well the thing is, there might be some contrarians out there who make money, but like value investors there are not that many who really make money. Its much more easy to go with the trend ... Lets face it: ADVP was not really a good breakout, I can not see a pattern ... And: checking insider behaiviour is part of Canslim (since it is a critera to buy it in the first place, you want to also check how the insiders behaive ...) > -----Ursprungliche Nachricht----- > Von: Peter Christiansen [SMTP:peterc@loxinfo.co.th] > Gesendet am: Thursday, October 25, 2001 3:32 AM > An: canslim@lists.xmission.com > Betreff: [CANSLIM] Flaws in ADVP > > Anyone watch The Traders on webfn.com last Thursday (you can also watch the > archive)? Goran Yordanoff was talking about the distribution and insider > selling he had been seeing in ADVP over the last two weeks. He started > selling it short the week before the breakout. On the day of the breakout, > even though he was frightened, he doubled up on his short position. He > said if you are going to be a professional, you have to take a contrarian > viewpoint. He said the trend followers, are amateur traders. I would > guess that includes canslimers. > > Any thoughts? Anyone else see anything wrong with ADVP at the time of the > breakout? I didn't buy it, but thought the breakout looked pretty decent. > > Peter > > "The crowd has never thirsted for the truth" - Gustave LeBon > > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ End of canslim-digest V2 #1751 ****************************** 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.