From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #1758 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 Sunday, October 28 2001 Volume 02 : Number 1758 In this issue: Re: [CANSLIM] Pollution Control - Svcs group RE: [CANSLIM] TARO [CANSLIM] C&H & pivot points Re: [CANSLIM] C&H & pivot points [CANSLIM] Worley's Weekend Weeview Re: [CANSLIM] Worley's Weekend Weeview Re: [CANSLIM] BPRX RE: [CANSLIM] TARO [CANSLIM] INDB Re: [CANSLIM] Daily Graphs Excel Sheet RE: [CANSLIM] C&H & pivot points RE: [CANSLIM] TARO Re: [CANSLIM] Worley's Weekend Weeview [CANSLIM] ACTI- Cup with rising handle and 3 gaps to fill? RE: [CANSLIM] INDB Re: [CANSLIM] INDB Re: [CANSLIM] ACTI- Cup with rising handle and 3 gaps to fill? ---------------------------------------------------------------------- Date: Sat, 27 Oct 2001 22:29:13 EDT From: Spencer48@aol.com Subject: Re: [CANSLIM] Pollution Control - Svcs group Tom: I'm pretty certain you've checked out the news already on VSR (I didn't like EEI's chart), but just in case you didn't (It sounds to me that their sales will be positive next quarter [which makes me wonder why their sales were negative this quarter]): Wednesday October 24, 9:16 am Eastern Time Press Release SOURCE: VERSAR, INC. VERSAR Expands Anthrax Testing Services Announces Nationwide Emergency Response Service SPRINGFIELD, Va., Oct. 24 /PRNewswire/ -- VERSAR, INC. (Amex: VSR - news) announced today that the Company has put into place a nationwide emergency response service for biological, chemical and industrial incidents in the workplace throughout the United States, Canada and Europe. Operating out of regional command centers, VERSAR will respond to actual and threatened terrorist incidents including securing the affected area, sampling and analysis. For a monthly fee customers will receive 24 hour, 7 days a week access to VERSAR'S network of on-site coordinators through a 800 number, secure website, limited telephone and face to face consultation, plus discounts on biological and chemical laboratory fees. VERSAR provides consulting services in mitigating risk to protect employees and ensuring business continuity. In addition, VERSAR offers comprehensive counter terrorism services including vulnerability assessment, facilities operations, personal protection programs and engineering services. The Company's emergency response services were recently featured in the Wall Street Journal. To date, VERSAR has conducted more than a dozen anthrax-testing programs for financial institutions and news outlets including CNN and ABC. Testing has used protocols developed by the U.S. Army. Dr. Ted Prociv, President and CEO of VERSAR said, ``As the former head of the Department of Defense chemical and biological program, I know there is a need for immediate site response to potential terrorist situations around the world. With our 15 years of experience in chemical and biological weapons and clean-up, VERSAR is in a unique position to assist business and local government deal with actual or perceived threats.'' VERSAR, INC., (Amex: VSR - news) headquartered in Springfield, VA, is a publicly held professional services firm supporting government and industry in homeland defense and counter-terrorism, environmental health and safety and infrastructure revitalization. VERSAR operates a number of websites, including the corporate web sites, http://www.versar.com/, http://www.homelanddefense.com and http://www.geomet.com/; a B2B portal for homeland defense and counter-terrorism products and services, http://www.nbcprotect.com/; a permit support site for auxiliary power generators, http://www.permitmygenerator.com/; and a website for B2B support for architectural and engineering projects using a virtual workspace, at http://www.v-ginc.com/. This press release contains forward-looking information. The forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be significantly impacted by certain risks and uncertainties described herein and in Versar's Annual Report on Form 10-K filed with the Securities and Exchange Commission for the year ended June 30, 2001. In a message dated 10/26/2001 5:33:08 PM Eastern Daylight Time, stkguru@netside.net writes: << I have been noting a strong movement in this group, which includes the environmental and pollution control stocks. Is this just a reflection of the Anthrax episodes, mergers and consolidations in the group, or is there something more significant going on? Several I have noted recently include EEI and VSR, both making new highs recently. Tom Worley stkguru@netside.net AIM: TexWorley >> - - - -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: Sat, 27 Oct 2001 21:38:47 -0500 From: "Hill, Ernie" Subject: RE: [CANSLIM] TARO Jans, This price projection is not from trend lines like the 1X1 line. It comes from the "squaring of price and time". The method I use was created by Don Fisher. His method employs a set of formulas that project the "squaring of price and time" into the future. He has the formulas as part of an Excel spread-sheet and it is easy to use, but selecting the right points from which to make the projections requires some practice. I have found his technique to be very useful. I don't want this to become an advertisement especially since I get nothing out of it, but if you are interested send me an off list e-mail and I will give you a web address for him where you can get more info about his technique. E - -----Original Message----- From: Spencer48@aol.com [mailto:Spencer48@aol.com] Sent: Saturday, October 27, 2001 9:16 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] TARO Ernie: Would you explain how you get a "Gann line target of $49"? I don't see any trendlines that would lead one to 49. jans In a message dated 10/26/2001 4:24:28 PM Eastern Daylight Time, Ernie.Hill@ElPaso.com writes: << I am not that concerned about it because I am not in for the long term. Until M proves to be in a sustainable bull I am only looking to make quick trades. My Gann line target for this stock is $49 at this time. Could go higher based on price action. >> - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ****************************************************************** 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. ------------------------------ Date: Sat, 27 Oct 2001 22:06:30 -0500 From: "Hill, Ernie" Subject: [CANSLIM] C&H & pivot points After being questioned about my selection of a pivot point I have been doing some reading to find what I thought was a pivot point rule. I have usually used the high point of the right rim of the cup as a pivot point for C&H patterns. I don't know if this is something that I have read or just imagined I read because I can't seem to find it in HTMMIS. ****************************************************************** 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. ------------------------------ Date: Sat, 27 Oct 2001 23:14:56 EDT From: Spencer48@aol.com Subject: Re: [CANSLIM] C&H & pivot points Ernie: WON's book, "24 Essential Lessons..." has an explanation of the pivot point (and also a drawing of the C&H and its pivot point) on Pages 45-47. jans In a message dated 10/27/2001 11:08:20 PM Eastern Daylight Time, Ernie.Hill@ElPaso.com writes: << After being questioned about my selection of a pivot point I have been doing some reading to find what I thought was a pivot point rule. I have usually used the high point of the right rim of the cup as a pivot point for C&H patterns. I don't know if this is something that I have read or just imagined I read because I can't seem to find it in HTMMIS. >> - - - -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: Sun, 28 Oct 2001 06:08:22 -0500 From: "Tom Worley" Subject: [CANSLIM] Worley's Weekend Weeview This is a multi-part message in MIME format. - ------=_NextPart_000_0065_01C15F76.F2AA20E0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable ON "M" As I have mentioned before, a lot of "M" is perception. There is no = scientific way of measuring it that I know. Certainly year to year = earnings are terrible (but that's already priced in, and many are = beating lowered expectations). The economy was barely growing before = 9/11/01, and is presumed to have slid into negative numbers for the = entire Q3. But that is also not a surprise. Anthrax attacks have = unsettled the nation, but already that's becoming old news now that we = see it is not the massive deadly virus many assumed. Greater security = measures are being taken, which will be a cost to businesses and = productivity, but so far the public approves. Osama remains at large = while the war on the Taliban continues, but already we are regaining our = sense of perspective enough to make fun of Osama. He's a mass murderer, = a terrorist, and yet we are not afraid of him and his cohorts to the = point of stopping our lives. Consumer sentiment picked up in the first = half of October, altho not to pre-attack levels. People are traveling = again, including on airplanes. Durable goods orders tanked far beyond = expectations, but who seriously believed the economist's forecasts of a = 1% decline for Sept? A 20% reduction in commercial flights would = undoubtedly result in enough unclosed orders, cancellations, or delay in = delivery to far exceed that. Right now there are a lot of mothballed = commercial planes available at fire sale prices. Why buy a new one when = a slightly used one is available for half the price, or less? The stock = markets had a good week, with all major indexes showing gains. Several = (Naz 100, Naz Composite, S&P500, DJ Financial) are already higher than = their close on 9/10/01. NYSE Composite is only two points off its close = on 9/10/01. Both it and Naz Comp among others are above their 50 DMA as = well. My perceptions of "M" are understandably colored by the success of = both my IRA and my VR Fund, which have been beating most indexes, = including the Russell 2000, for over a month. But when I step back and = try to look at all the markets, I still see strength, recovery, positive = belief in the future. We took a horrendous blow on September 11 from a = cowardly sneak attack on civilians just doing their job. But already, = less than two months later and while bodies continue to be recovered = from the rubble of the World Trade Center, life is returning to normal. = That says a lot of positive things to me about "M". - -------------------------------------------------------------------------= - ------- WORLEY'S WATCHLIST WANNABES The pool of stocks I am reviewing continues to grow, another sign of = improving "M". As usual, Bx means a flat line "B"ase of "x" weeks duration. If I see a = distinctive pattern such as a cup and handle, I will say so. # means I either own it or have it in my VR fund AHCI - LLUR AIM - more volatile LLUR, low ADV APOG - # - 8% gain on 2.5X ADV Friday from a 4 week drooping handle, = didn't break pivot ATPX -# - 2+ week consolidation AVD - two week handle on nice cup, ADV only 4,000 BVF - right at pivot on Friday on nearly 3X ADV BYS - B4 below the high DLX - B4, earnings forecast weak EPIQ - # - you already know how I feel about this one! FBA - B3+ FCFS - # - B4, low price ($8) FHRX - LLUR FLIR - more volatile LLUR FTBK - B8, 3 dividend increases in last six months FTO - B3+ GB - volatile 4+ week consolidation, huge earnings forecasts GFF - B2, weak earnings forecast GTY - B4 JNC - B3+ KRON - 3 week consolidation of gains, good earnings forecast, good = earnings growth last two qtrs LB - # - b/o Friday on 6X ADV from 2+ week base MHK - 1 week handle on steep cup, weak earnings forecast MKC - 4 week handle on a funnel, weak earnings currently and forecast PDCO - volatile B4 right at pivot PHC - B3+ RMD - short c&h, market cap to sales ratio high at 13 RPM - B2 SONC - B3+ STZ - 4 week consolidation below the high TAYD - # - 4 week consolidation at the high, low priced TTIL - # - breaking 50 DMA, RS only 56 but good earnings XRAY - 4 week handle on a funnel formation Happy Hunting, and remember that America will not forget, but we will = recover Tom Worley stkguru@netside.net AIM: TexWorley - ------=_NextPart_000_0065_01C15F76.F2AA20E0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
ON "M"
As I have mentioned before, a lot of "M" is = perception. There=20 is no scientific way of measuring it that I know. Certainly year to year = earnings are terrible (but that's already priced in, and many are = beating=20 lowered expectations). The economy was barely growing before 9/11/01, = and is=20 presumed to have slid into negative numbers for the entire Q3. But that = is also=20 not a surprise. Anthrax attacks have unsettled the nation, but already = that's=20 becoming old news now that we see it is not the massive deadly virus = many=20 assumed. Greater security measures are being taken, which will be a cost = to=20 businesses and productivity, but so far the public approves. Osama = remains at=20 large while the war on the Taliban continues, but already we are = regaining our=20 sense of perspective enough to make fun of Osama. He's a mass murderer, = a=20 terrorist, and yet we are not afraid of him and his cohorts to the point = of=20 stopping our lives. Consumer sentiment picked up in the first half of = October,=20 altho not to pre-attack levels. People are traveling again, including on = airplanes. Durable goods orders tanked far beyond expectations, but who=20 seriously believed the economist's forecasts of a 1% decline for Sept? A = 20%=20 reduction in commercial flights would undoubtedly result in enough = unclosed=20 orders, cancellations, or delay in delivery to far exceed that. Right = now there=20 are a lot of mothballed commercial planes available at fire sale prices. = Why buy=20 a new one when a slightly used one is available for half the price, or = less? The=20 stock markets had a good week, with all major indexes showing gains. = Several=20 (Naz 100, Naz Composite, S&P500, DJ Financial) are already higher = than their=20 close on 9/10/01. NYSE Composite is only two points off its close on = 9/10/01.=20 Both it and Naz Comp among others are above their 50 DMA as well. My = perceptions=20 of "M" are understandably colored by the success of both my IRA and my = VR Fund,=20 which have been beating most indexes, including the Russell 2000, for = over a=20 month. But when I step back and try to look at all the markets, I still = see=20 strength, recovery, positive belief in the future. We took a horrendous = blow on=20 September 11 from a cowardly sneak attack on civilians just doing their = job. But=20 already, less than two months later and while bodies continue to be = recovered=20 from the rubble of the World Trade Center, life is returning to normal. = That=20 says a lot of positive things to me about "M".
WORLEY'S WATCHLIST WANNABES
 
The pool of stocks I am reviewing continues to grow, another sign = of=20 improving "M".
 
As usual, Bx means a flat line "B"ase of "x" weeks duration. If I = see a=20 distinctive pattern such as a cup and handle, I will say so.
# means I either own it or have it in my VR fund
 
AHCI - LLUR
AIM - more volatile LLUR, low ADV
APOG - # - 8% gain on 2.5X ADV Friday from a 4 week drooping = handle, didn't=20 break pivot
ATPX -# - 2+ week consolidation
AVD - two week handle on nice cup, ADV only 4,000
BVF - right at pivot on Friday on nearly 3X ADV
BYS - B4 below the high
DLX - B4, earnings forecast weak
EPIQ - # - you already know how I feel about this one!
FBA - B3+
FCFS - # - B4, low price ($8)
FHRX - LLUR
FLIR - more volatile LLUR
FTBK - B8, 3 dividend increases in last six months
FTO - B3+
GB - volatile 4+ week consolidation, huge earnings forecasts
GFF - B2, weak earnings forecast
GTY - B4
JNC - B3+
KRON - 3 week consolidation of gains, good earnings forecast, good = earnings=20 growth last two qtrs
LB - # - b/o Friday on 6X ADV from 2+ week base
MHK - 1 week handle on steep cup, weak earnings forecast
MKC - 4 week handle on a funnel, weak earnings currently and = forecast
PDCO - volatile B4 right at pivot
PHC - B3+
RMD - short c&h, market cap to sales ratio high at 13
RPM - B2
SONC - B3+
STZ - 4 week consolidation below the high
TAYD - # - 4 week consolidation at the high, low priced
TTIL - # - breaking 50 DMA, RS only 56 but good earnings
XRAY - 4 week handle on a funnel formation
 
Happy Hunting, and remember that America will not = forget, but=20 we will recover
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
- ------=_NextPart_000_0065_01C15F76.F2AA20E0-- - - - -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: Sun, 28 Oct 2001 06:30:16 -0500 From: "Tom Worley" Subject: Re: [CANSLIM] Worley's Weekend Weeview This is a multi-part message in MIME format. - ------=_NextPart_000_0078_01C15F7A.01E4B860 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Forgot to mention, LB is another of my low priced stocks, closed at = $4.43 on Friday (I'm up nearly 50% on it). Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Tom Worley=20 To: CANSLIM=20 Sent: Sunday, October 28, 2001 6:08 AM Subject: [CANSLIM] Worley's Weekend Weeview WORLEY'S WATCHLIST WANNABES The pool of stocks I am reviewing continues to grow, another sign of = improving "M". As usual, Bx means a flat line "B"ase of "x" weeks duration. If I see = a distinctive pattern such as a cup and handle, I will say so. # means I either own it or have it in my VR fund LB - # - b/o Friday on 6X ADV from 2+ week base Tom Worley stkguru@netside.net AIM: TexWorley - ------=_NextPart_000_0078_01C15F7A.01E4B860 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Forgot to mention, LB is another of my low priced = stocks,=20 closed at $4.43 on Friday (I'm up nearly 50% on it).
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Tom = Worley=20
To: CANSLIM
Sent: Sunday, October 28, 2001 = 6:08=20 AM
Subject: [CANSLIM] Worley's = Weekend=20 Weeview

WORLEY'S WATCHLIST WANNABES
 
The pool of stocks I am reviewing continues to grow, another sign = of=20 improving "M".
 
As usual, Bx means a flat line "B"ase of "x" weeks duration. If I = see a=20 distinctive pattern such as a cup and handle, I will say so.
# means I either own it or have it in my VR fund
 
LB - # - b/o Friday on 6X ADV from 2+ week base
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
- ------=_NextPart_000_0078_01C15F7A.01E4B860-- - - - -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: Sun, 28 Oct 2001 06:36:56 -0500 From: "Tom Worley" Subject: Re: [CANSLIM] BPRX This is a multi-part message in MIME format. - ------=_NextPart_000_0089_01C15F7A.F0283420 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable EPS ranking is at 80 in part because of the extreme profits of Q4 2000. = Those were out of line with other qtrs, so EPS ranking may decline. = Latest two quarters also do not show positive comparable profit margins = to prior qtrs. Balancing this, company has forecasted better sales and = earnings in second half of this year compared to first half. I would be = inclined to wait until after Q3 earnings are reported (expected 11/2), = and see if they support the company forecast. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Andreas Himmelreich=20 To: canslim@lists.xmission.com=20 Sent: Friday, October 26, 2001 7:34 PM Subject: [CANSLIM] BPRX I am in ...I like the breakout and the fundamentals .... Is not realy a WO Stock, since it is below 15 .. and ROI below 17% = (its 14%). Huge Volumne 821 against 278 average ... Good Night and have a great weekend ... =20 Andreas - ------=_NextPart_000_0089_01C15F7A.F0283420 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
EPS ranking is at 80 in part because of the extreme = profits of=20 Q4 2000. Those were out of line with other qtrs, so EPS ranking may = decline.=20 Latest two quarters also do not show positive comparable profit margins = to prior=20 qtrs. Balancing this, company has forecasted better sales and earnings = in second=20 half of this year compared to first half. I would be inclined to wait = until=20 after Q3 earnings are reported (expected 11/2), and see if they support = the=20 company forecast.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Andreas = Himmelreich
To: canslim@lists.xmission.com =
Sent: Friday, October 26, 2001 = 7:34=20 PM
Subject: [CANSLIM] BPRX

I am in ...I like the breakout and the fundamentals = ....
Is=20 not realy a WO Stock, since it is below 15 .. and ROI below 17% (its=20 14%).
Huge Volumne 821 against 278 average ...
Good Night and = have a=20 great weekend ...

 
Andreas - ------=_NextPart_000_0089_01C15F7A.F0283420-- - - - -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: Sun, 28 Oct 2001 09:43:48 -0800 From: "Charles Cangialosi" Subject: RE: [CANSLIM] TARO According to the rules as I understand them a B/O has to be on +50% volume. On 10/2 and 10/4 the volume was there but unless I am incorrect the was not a break out due to the price. On the 25th I don't see the volume to constitute a B/O so in my rendition of CANSLIM there has not been a B/O. Please correct my thinking if it is incorrect. Gann Lines, I am interested in learning about that. Does anyone know a good place to start. Thanks, Charlie - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Spencer48@aol.com Sent: Saturday, October 27, 2001 7:16 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] TARO Ernie: Would you explain how you get a "Gann line target of $49"? I don't see any trendlines that would lead one to 49. jans In a message dated 10/26/2001 4:24:28 PM Eastern Daylight Time, Ernie.Hill@ElPaso.com writes: << I am not that concerned about it because I am not in for the long term. Until M proves to be in a sustainable bull I am only looking to make quick trades. My Gann line target for this stock is $49 at this time. Could go higher based on price action. >> - - - -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: Sun, 28 Oct 2001 09:05:50 -0800 From: "Perry Stanfield" Subject: [CANSLIM] INDB Ran across this stock in my screens. A little thinly traded for me, but a nice C/H I thought, with drying volume on the handle. A little light on revenue growth too........a boring bank stock, but IBD rated 91 92 AAB, A+ overall. Comments? Perry - - - -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: Sun, 28 Oct 2001 11:51:49 -0500 From: "Roy" Subject: Re: [CANSLIM] Daily Graphs Excel Sheet Andreas, Thanks for the invitation. I do not subscribe to Daily Graphs. Would you Excel spreadsheet be of any value to me? Roy - ----- Original Message ----- From: Andreas Himmelreich To: Sent: Friday, October 26, 2001 4:48 AM Subject: [CANSLIM] Daily Graphs Excel Sheet > Who of you have subscribed to Daily Graphs? > > If you are interested: I have "programmed" (nothing special) an Excel > Sheet, that combines all reports of them, so you can filter on all > criteria. > > Reply directly to me if you are interested ... > > - > -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: Sun, 28 Oct 2001 11:55:56 -0600 From: "Hill, Ernie" Subject: RE: [CANSLIM] C&H & pivot points Jans, Thanks, I was sure I read it somewhere. WON states "the correct time to buy the stock is as soon as it trades 1/8 of a point above the peak price in the handle" 24 essential lessons page 46 & 47. - -----Original Message----- From: Spencer48@aol.com [mailto:Spencer48@aol.com] Sent: Saturday, October 27, 2001 10:15 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] C&H & pivot points Ernie: WON's book, "24 Essential Lessons..." has an explanation of the pivot point (and also a drawing of the C&H and its pivot point) on Pages 45-47. jans In a message dated 10/27/2001 11:08:20 PM Eastern Daylight Time, Ernie.Hill@ElPaso.com writes: << After being questioned about my selection of a pivot point I have been doing some reading to find what I thought was a pivot point rule. I have usually used the high point of the right rim of the cup as a pivot point for C&H patterns. I don't know if this is something that I have read or just imagined I read because I can't seem to find it in HTMMIS. >> - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ****************************************************************** 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. ------------------------------ Date: Sun, 28 Oct 2001 12:08:28 -0600 From: "Hill, Ernie" Subject: RE: [CANSLIM] TARO Charlie, A B/O is a B/O, but if it is not on at least 1.5 ADV the B/O is suspect and prone to failure. E - -----Original Message----- From: Charles Cangialosi [mailto:ccangia@prodigy.net] Sent: Sunday, October 28, 2001 11:44 AM To: canslim@lists.xmission.com Subject: RE: [CANSLIM] TARO According to the rules as I understand them a B/O has to be on +50% volume. On 10/2 and 10/4 the volume was there but unless I am incorrect the was not a break out due to the price. On the 25th I don't see the volume to constitute a B/O so in my rendition of CANSLIM there has not been a B/O. Please correct my thinking if it is incorrect. Gann Lines, I am interested in learning about that. Does anyone know a good place to start. Thanks, Charlie - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Spencer48@aol.com Sent: Saturday, October 27, 2001 7:16 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] TARO Ernie: Would you explain how you get a "Gann line target of $49"? I don't see any trendlines that would lead one to 49. jans In a message dated 10/26/2001 4:24:28 PM Eastern Daylight Time, Ernie.Hill@ElPaso.com writes: << I am not that concerned about it because I am not in for the long term. Until M proves to be in a sustainable bull I am only looking to make quick trades. My Gann line target for this stock is $49 at this time. Could go higher based on price action. >> - - - -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. ****************************************************************** 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. ------------------------------ Date: Sun, 28 Oct 2001 14:37:32 -0800 From: "Jack Quinn" Subject: Re: [CANSLIM] Worley's Weekend Weeview How in the world did you settle on LB? *********** REPLY SEPARATOR *********** On 10/28/2001 at 6:30 AM Tom Worley wrote: >Forgot to mention, LB is another of my low priced stocks, closed at $4.43 >on Friday (I'm up nearly 50% on it). > >Tom Worley >stkguru@netside.net >AIM: TexWorley > > ----- Original Message ----- > From: Tom Worley > To: CANSLIM > Sent: Sunday, October 28, 2001 6:08 AM > Subject: [CANSLIM] Worley's Weekend Weeview > > > WORLEY'S WATCHLIST WANNABES > > The pool of stocks I am reviewing continues to grow, another sign of >improving "M". > > As usual, Bx means a flat line "B"ase of "x" weeks duration. If I see a >distinctive pattern such as a cup and handle, I will say so. > # means I either own it or have it in my VR fund > > LB - # - b/o Friday on 6X ADV from 2+ week base > > Tom Worley > stkguru@netside.net > AIM: TexWorley > > > >- >-To subscribe/unsubscribe, email "majordomo@xmission.com" >-In the email body, write "subscribe canslim" or >-"unsubscribe canslim". Do not use quotes in your email. _________________________________________________________ Do You Yahoo!? Get your free @yahoo.com address at http://mail.yahoo.com - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Sun, 28 Oct 2001 14:49:58 -0800 (PST) From: LEHTZ MAKEDOUGH Subject: [CANSLIM] ACTI- Cup with rising handle and 3 gaps to fill? - --0-1660681889-1004309398=:99227 Content-Type: text/plain; charset=us-ascii Does this look like a cup with rising handle and 3 gaps to fill? I know it will be a momo play, but what about CANSLIM criteria? Nelson - --------------------------------- Do You Yahoo!? Make a great connection at Yahoo! Personals. - --0-1660681889-1004309398=:99227 Content-Type: text/html; charset=us-ascii

Does this look like a cup with rising handle and 3 gaps to fill? I know it will be a momo play, but what about CANSLIM criteria?

Nelson

 



Do You Yahoo!?
Make a great connection at Yahoo! Personals. - --0-1660681889-1004309398=:99227-- - - - -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: Sun, 28 Oct 2001 17:49:45 -0800 From: "Charles Cangialosi" Subject: RE: [CANSLIM] INDB I added it to my list. I make the pivot 20.90. Nice find. Of course if I buy it that is the kiss of death, they will be in chapter 11 within an hour after my purchase. Charlie - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Perry Stanfield Sent: Sunday, October 28, 2001 9:06 AM To: canslim@lists.xmission.com Subject: [CANSLIM] INDB Ran across this stock in my screens. A little thinly traded for me, but a nice C/H I thought, with drying volume on the handle. A little light on revenue growth too........a boring bank stock, but IBD rated 91 92 AAB, A+ overall. Comments? Perry - - - -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: Sun, 28 Oct 2001 15:43:27 -0800 From: "Perry Stanfield" Subject: Re: [CANSLIM] INDB Last Tuesday's high of 21.17 looked to me like the high point in the cup, so I put the pivot at 21.27. I'm guessing you're using Tuesday's close of 20.80........but aren't you supposed to use the high for the day? Perry - ----- Original Message ----- From: "Charles Cangialosi" To: Sent: Sunday, October 28, 2001 5:49 PM Subject: RE: [CANSLIM] INDB > I added it to my list. I make the pivot 20.90. Nice find. Of course if I buy > it that is the kiss of death, they will be in chapter 11 within an hour > after my purchase. > > Charlie > > -----Original Message----- > From: owner-canslim@lists.xmission.com > [mailto:owner-canslim@lists.xmission.com]On Behalf Of Perry Stanfield > Sent: Sunday, October 28, 2001 9:06 AM > To: canslim@lists.xmission.com > Subject: [CANSLIM] INDB > > > Ran across this stock in my screens. A little thinly traded for me, but a > nice C/H I thought, with drying volume on the handle. A little light on > revenue growth too........a boring bank stock, but IBD rated 91 92 AAB, > A+ overall. Comments? > > Perry > > > - > -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: Sun, 28 Oct 2001 16:16:12 -0800 From: "Perry Stanfield" Subject: Re: [CANSLIM] ACTI- Cup with rising handle and 3 gaps to fill? This is a multi-part message in MIME format. - ------=_NextPart_000_0007_01C15FCB.DC3BF040 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable If you ignore the fact that they don't make money, not too = bad...........well, actually it is bad................45 66 EBA. Even = for a "momo" play looks extended to me. Just as good of a chance = that it would be a good short play? I see they have a new smartcard = contract; this might be a canslim later down the road. Keep us posted = on how you do if you jump in...... good luck Perry ----- Original Message -----=20 From: LEHTZ MAKEDOUGH=20 To: canslim@lists.xmission.com=20 Sent: Sunday, October 28, 2001 2:49 PM Subject: [CANSLIM] ACTI- Cup with rising handle and 3 gaps to fill? Does this look like a cup with rising handle and 3 gaps to fill? I = know it will be a momo play, but what about CANSLIM criteria?=20 Nelson=20 =20 - -------------------------------------------------------------------------= - ----- Do You Yahoo!? Make a great connection at Yahoo! Personals. - ------=_NextPart_000_0007_01C15FCB.DC3BF040 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
If you ignore the fact that they don't = make money,=20 not too bad...........well, actually it is bad................45 66 = EBA. =20 Even for a "momo" play looks extended to = me.     Just=20 as good of a chance that it would be a good short play?  I see they = have a=20 new smartcard contract; this might be a canslim later down the = road.  Keep=20 us posted on how you do if you jump in......
 
good luck
 
Perry
 
----- Original Message -----
From:=20 LEHTZ=20 MAKEDOUGH
Sent: Sunday, October 28, 2001 = 2:49=20 PM
Subject: [CANSLIM] ACTI- Cup = with rising=20 handle and 3 gaps to fill?

Does this look like a cup with rising handle and 3 gaps to fill? I = know it=20 will be a momo play, but what about CANSLIM criteria?=20

Nelson=20





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Make a great connection at Yahoo!=20 Personals. - ------=_NextPart_000_0007_01C15FCB.DC3BF040-- - - - -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 #1758 ****************************** 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.