From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #1761 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 Tuesday, October 30 2001 Volume 02 : Number 1761 In this issue: Re: [CANSLIM] ACTI- Cup with rising handle and 3 gaps to fill? AW: [CANSLIM] intro AW: [CANSLIM] ELTE AW: [CANSLIM] Market Re: [CANSLIM] TARO Re: [CANSLIM] Industry Groups RE: [CANSLIM] Industry Groups Re: [CANSLIM] Industry Groups RE: [CANSLIM] Industry Groups ---------------------------------------------------------------------- Date: Mon, 29 Oct 2001 22:55:46 -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_0005_01C160CC.D8856420 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Man, I hope you went ahead with this today. The best gainer in my = tech world today (+10%)................Good find. 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_0005_01C160CC.D8856420 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Man, I hope you went ahead with this=20 today.     The best gainer in my tech world today=20 (+10%)................Good find.
 
Perry
 
 
----- Original Message -----
From:=20 LEHTZ=20 MAKEDOUGH
To: canslim@lists.xmission.com=
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





Do You Yahoo!?
Make a great connection at Yahoo!=20 Personals. - ------=_NextPart_000_0005_01C160CC.D8856420-- - - - -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: Tue, 30 Oct 2001 11:53:53 +0100 From: Andreas Himmelreich Subject: AW: [CANSLIM] intro I like 24 Lessions even much more, its better organized and more to the point ... > -----Ursprungliche Nachricht----- > Von: walter hish [SMTP:walthish@epix.net] > Gesendet am: Tuesday, October 30, 2001 3:14 AM > An: canslim@lists.xmission.com > Betreff: Re: [CANSLIM] intro > > Tom, > Thanks for the reminder about the 3rd edition of HTMMIS. I called the > IBD library to order it and was told to wait untill Dec. untill it came > out. Something about Amazon making a mistake. I read the 2nd edition of > HTMMIS and 24 Lessions a while back but looks like a good time to review > them. > Walt > > - > -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: Tue, 30 Oct 2001 12:14:53 +0100 From: Andreas Himmelreich Subject: AW: [CANSLIM] ELTE Ian, "Six months out, they will have $1+ EPS, with 30%+ growth" You mean 1$ EPS per year? Thanx Andreas > -----Ursprungliche Nachricht----- > Von: Ian [SMTP:ianstm@home.com] > Gesendet am: Tuesday, October 30, 2001 6:15 AM > An: canslim@lists.xmission.com > Betreff: Re: [CANSLIM] ELTE > > You're welcome. As I said at the time, I was 3 months early. But that just > gave me a chance to pick up some shares at $5. It has made new highs for 5 > straight days now - the conference call was a thing of beauty. (I didn't > post to the list last Tuesday morning after earnings, since I was derided > for bringing it up last time - I figured that anyone who cared had put it on > their watch list anyhow). > > Six months out, they will have $1+ EPS, with 30%+ growth, and bright > prospects. They could easily command a P/E of 25+. I'm looking forward to > when they hit $15, and the real volume kicks in when true CANSLIMers arrive > :) I see that the EPS ranking is already up to 80, and the RS is over 93 > now. > > Cheers, > > Ian > > > ----- Original Message ----- > From: Makara, Tamas > To: > Sent: Monday, October 29, 2001 12:32 AM > Subject: [CANSLIM] ELTE > > > > Ian, > > > > thanks for your discussion of ELTE in the summer. Seems you were right in > > assesing the company's potential and now the volume is coming in as well. > > > > Tamas > > > > > > > > > > - > > -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: Tue, 30 Oct 2001 12:40:13 +0100 From: Andreas Himmelreich Subject: AW: [CANSLIM] Market AMRN --> one of my watchlist babies too ... PE 12, Only 2.2 Million Shares, EPS 80, RS 99, ROI 17% ... And a CWH (longer then 7 Weeks, Handle has downtrend, does not sink more then 50% into the handle, Volumne dries up on losing days, nice breakout yesterday on 4 times average Volumne ...) > -----Ursprungliche Nachricht----- > Von: Ian [SMTP:ianstm@home.com] > Gesendet am: Tuesday, October 30, 2001 6:18 AM > An: canslim@lists.xmission.com > Betreff: Re: [CANSLIM] Market > > Today, I was watching: > > AMRN > NEOG > ICLR > ELTE > NHHC > CEDC > CRDN (very big news - not CANSLIM ... yet) > > http://quote.yahoo.com/q?s=amrn+neog+iclr+elte+nhhc+cedc+crdn&d=v1 > > It sure didn't feel like a distribution day to me. > > Ian > > > > > ----- Original Message ----- > From: Andreas Himmelreich > To: > Sent: Monday, October 29, 2001 1:47 PM > Subject: [CANSLIM] Market > > > > Still not a distribution day, since the volumne is drying up, > nevertheless: not a great day ... > > > > > > - > > -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: Tue, 30 Oct 2001 19:07:48 +0700 From: Peter Christiansen Subject: Re: [CANSLIM] TARO In a double bottom, the second bottom should ideally slightly undercut the first.  In this instance, I don't think it fits that description.  Anyway, double bottoms form handles too.

At 01:29 AM 10/30/2001 -0500, you wrote:
I see this much more as a double bottom than a c&h
 
Tom Worley
stkguru@netside.net
AIM: TexWorley
----- Original Message -----
From: Peter Christiansen
To: canslim@lists.xmission.com
Sent: Monday, October 29, 2001 11:11 PM
Subject: RE: [CANSLIM] TARO

Now TARO looks like it may be building a handle in the upper half of the
cup, and is worth keeping an eye on.



- -
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"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: Tue, 30 Oct 2001 07:27:37 -0500 From: "John Lloyd" Subject: Re: [CANSLIM] Industry Groups Jerry, I've found the same problem and I'm interested in what IBD tells you. John - ----- Original Message ----- From: "Jerry Sparrow" To: "Canslim Group (E-mail)" Sent: Monday, October 29, 2001 6:53 PM Subject: [CANSLIM] Industry Groups > I bet you thought I had "unsubscribed". I have posted this question to IBD > tonight. Can anyone else explain how this works. Is it some kind of new > math? > > I have been keeping up with Industry Group Rankings for the past eight weeks > at least. I have noticed a huge descrepency between rankings from one week > to the next. Here is just one example; Last Friday (10/19/01) the Computer > Optical Recogtn was ranked 146. This Friday (10/26/01) that same Industry > Group was ranked 11. That is a huge jump until you look at the column > labeled "Last Friday". In the October 26 edition of IBD is shows the rank > from "Last Friday" as being 5. What is up with this? I'm trying to learn > the CANSLIM method and have been a subscriber for almost two years and read > both of WON's books. I'm concerned that the data reported in the paper is > inaccurate for trying to track trends with the industry groups. Can you > explain how this happens. I could just as quickly pointed out another 75 to > 80 other examples. They might not be to this degree but the numbers don't > match. Should I cancel my subscription and study sothing else. > > Jerry Sparrow > North Carolina > > Jerry Sparrow, CPA > Corporate Controller > Biscuitville Restaurants, Inc. > > **************************************************************************** ********************** > The Firelan(tm) Virus Scanning Service has scanned this email for viruses, vandals > and malicious content. > http://www.firelan.net > **************************************************************************** ********************** > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. - - - -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: Tue, 30 Oct 2001 08:16:39 -0500 From: Jerry Sparrow Subject: RE: [CANSLIM] Industry Groups This message is in MIME format. Since your mail reader does not understand this format, some or all of this message may not be legible. - ------_=_NextPart_001_01C16145.1BD6BC60 Content-Type: text/plain; charset="iso-8859-1" My issues aren't with the differences between what is posted on Friday vs. what is posted on the following Monday. My issues are with the fact that they report one set of ranking this Friday and then next Friday the "Last Friday" column doesn't match. I was getting real concerned when the groups would move a couple of spaces, but irritated as hell when I see one move 141 spaces, to be reported as having a rank from the previous week of 5 instead of what was printed as 146. - -----Original Message----- From: Norman [mailto:theboyd@tisd.net] Sent: Monday, October 29, 2001 9:32 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] Industry Groups Hi Jerry, As you may have noticed, I posted my concerns about this exact same issue to this list during this past summer. I also raised the question to investors.com and received the following response: "Dear Norman Boyd, Thank you for your e-mail. The reason for the industry group rankings discrepancy in the Monday issue of the paper, reflecting Friday's market activity, from that on the web site is that extra calculations are done after the market closes and after the print edition goes to press. Those extra calculations are taken into account on the web site. This issue has been raised before and it is being addressed. Thank you again for writing. Sincerely, Alex, Investor's Business Daily" Evidently it is still being addressed. I find that situation very disturbing since they push industry group ranks so hard. I too have given serious thought to changing data sources. "Hot Industry Groups" can't begin to explain all the discrepancies we have seen. Hopefully they are watching! Norm - ----- Original Message ----- From: "Jerry Sparrow" < jsparrow@Biscuitville.com > To: "Canslim Group (E-mail)" < canslim@xmission.com > Sent: Monday, October 29, 2001 5:53 PM Subject: [CANSLIM] Industry Groups > I bet you thought I had "unsubscribed". I have posted this question to IBD > tonight. Can anyone else explain how this works. Is it some kind of new > math? > > I have been keeping up with Industry Group Rankings for the past eight weeks > at least. I have noticed a huge descrepency between rankings from one week > to the next. Here is just one example; Last Friday (10/19/01) the Computer > Optical Recogtn was ranked 146. This Friday (10/26/01) that same Industry > Group was ranked 11. That is a huge jump until you look at the column > labeled "Last Friday". In the October 26 edition of IBD is shows the rank > from "Last Friday" as being 5. What is up with this? I'm trying to learn > the CANSLIM method and have been a subscriber for almost two years and read > both of WON's books. I'm concerned that the data reported in the paper is > inaccurate for trying to track trends with the industry groups. Can you > explain how this happens. I could just as quickly pointed out another 75 to > 80 other examples. They might not be to this degree but the numbers don't > match. Should I cancel my subscription and study sothing else. > > Jerry Sparrow > North Carolina > > Jerry Sparrow, CPA > Corporate Controller > Biscuitville Restaurants, Inc. > > **************************************************************************** ********************** > The Firelan(tm) Virus Scanning Service has scanned this email for viruses, vandals > and malicious content. > http://www.firelan.net > **************************************************************************** ********************** > > - > -To subscribe/unsubscribe, email " majordomo@xmission.com " > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. > > - ------_=_NextPart_001_01C16145.1BD6BC60 Content-Type: text/html; charset="iso-8859-1"

My issues aren't with the differences between what is posted on Friday vs. what is posted on the following Monday.  My issues are with the fact that they report one set of ranking this Friday and then next Friday the "Last Friday" column doesn't match.  I was getting real concerned when the groups would move a couple of spaces, but irritated as hell when I see one move 141 spaces, to be reported as having a rank from the previous week of 5 instead of what was printed as 146.
-----Original Message-----
From: Norman [mailto:theboyd@tisd.net]
Sent: Monday, October 29, 2001 9:32 PM
To: canslim@lists.xmission.com
Subject: Re: [CANSLIM] Industry Groups

Hi Jerry,
 
As you may have noticed, I posted my concerns about this exact same issue to this list during this past summer.  I also raised the question to investors.com and received the following response:
 
"Dear Norman Boyd,

Thank you for your e-mail.

The reason for the industry group rankings discrepancy in the Monday
issue of the paper, reflecting Friday's market activity, from that on
the web site is that extra calculations are done after the market closes
and after the print edition goes to press.  Those extra calculations are
taken into account on the web site.

This issue has been raised before and it is being addressed.

Thank you again for writing.

Sincerely,

Alex,
Investor's Business Daily" 
 
Evidently it is still being addressed.  I find that situation very disturbing since they push industry group ranks so hard.  I too have given serious thought to changing data sources.  "Hot Industry Groups" can't begin to explain all the discrepancies we have seen.  Hopefully they are watching!
 
Norm
 
----- Original Message -----
From: "Jerry Sparrow" <jsparrow@Biscuitville.com>
To: "Canslim Group (E-mail)" <canslim@xmission.com>
Sent: Monday, October 29, 2001 5:53 PM
Subject: [CANSLIM] Industry Groups

> I bet you thought I had "unsubscribed".  I have posted this question to IBD
> tonight.  Can anyone else explain how this works.  Is it some kind of new
> math?
>
> I have been keeping up with Industry Group Rankings for the past eight weeks
> at least.  I have noticed a huge descrepency between rankings from one week
> to the next.  Here is just one example; Last Friday (10/19/01) the Computer
> Optical Recogtn was ranked 146.  This Friday (10/26/01) that same Industry
> Group was ranked 11.  That is a huge jump until you look at the column
> labeled "Last Friday".  In the October 26 edition of IBD is shows the rank
> from "Last Friday" as being 5.  What is up with this?  I'm trying to learn
> the CANSLIM method and have been a subscriber for almost two years and read
> both of WON's books.  I'm concerned that the data reported in the paper is
> inaccurate for trying to track trends with the industry groups.  Can you
> explain how this happens.  I could just as quickly pointed out another 75 to
> 80 other examples.  They might not be to this degree but the numbers don't
> match.  Should I cancel my subscription and study sothing else.
>
> Jerry Sparrow
> North Carolina
>
> Jerry Sparrow, CPA
> Corporate Controller
> Biscuitville Restaurants, Inc.
>
> **************************************************************************************************
> The Firelan(tm) Virus Scanning Service has scanned this email for viruses, vandals
> and malicious content.
> http://www.firelan.net
> **************************************************************************************************
>
> -
> -To subscribe/unsubscribe, email "majordomo@xmission.com"
> -In the email body, write "subscribe canslim" or
> -"unsubscribe canslim".  Do not use quotes in your email.
>
>
- ------_=_NextPart_001_01C16145.1BD6BC60-- - - - -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: Tue, 30 Oct 2001 08:26:58 -0500 From: "Tom Worley" Subject: Re: [CANSLIM] Industry Groups This is a multi-part message in MIME format. - ------=_NextPart_000_001E_01C1611C.A488ECA0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Jerry, I won't argue that IBD may have a problem here, just from group = discussions on it. But it is important to distinguish between what is = reported in Friday's paper (which is actually, or should be, Thursday's = ranking) and what is used by them as "Last Friday" which I would take to = be Friday's end of day ranking. Has anyone using DGO also been experiencing this? Since I am not a group = follower, I have no first hand experience and rarely look at the lists. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Jerry Sparrow=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, October 30, 2001 8:16 AM Subject: RE: [CANSLIM] Industry Groups My issues aren't with the differences between what is posted on Friday = vs. what is posted on the following Monday. My issues are with the fact = that they report one set of ranking this Friday and then next Friday the = "Last Friday" column doesn't match. I was getting real concerned when = the groups would move a couple of spaces, but irritated as hell when I = see one move 141 spaces, to be reported as having a rank from the = previous week of 5 instead of what was printed as 146. -----Original Message----- From: Norman [mailto:theboyd@tisd.net] Sent: Monday, October 29, 2001 9:32 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] Industry Groups Hi Jerry, As you may have noticed, I posted my concerns about this exact same = issue to this list during this past summer. I also raised the question = to investors.com and received the following response: "Dear Norman Boyd, Thank you for your e-mail. The reason for the industry group rankings discrepancy in the Monday issue of the paper, reflecting Friday's market activity, from that = on the web site is that extra calculations are done after the market = closes and after the print edition goes to press. Those extra calculations = are taken into account on the web site. This issue has been raised before and it is being addressed. Thank you again for writing. Sincerely, Alex, Investor's Business Daily"=20 Evidently it is still being addressed. I find that situation very = disturbing since they push industry group ranks so hard. I too have = given serious thought to changing data sources. "Hot Industry Groups" = can't begin to explain all the discrepancies we have seen. Hopefully = they are watching! Norm ----- Original Message -----=20 From: "Jerry Sparrow" To: "Canslim Group (E-mail)" Sent: Monday, October 29, 2001 5:53 PM Subject: [CANSLIM] Industry Groups > I bet you thought I had "unsubscribed". I have posted this = question to IBD > tonight. Can anyone else explain how this works. Is it some kind = of new > math? >=20 > I have been keeping up with Industry Group Rankings for the past = eight weeks > at least. I have noticed a huge descrepency between rankings from = one week > to the next. Here is just one example; Last Friday (10/19/01) the = Computer > Optical Recogtn was ranked 146. This Friday (10/26/01) that same = Industry > Group was ranked 11. That is a huge jump until you look at the = column > labeled "Last Friday". In the October 26 edition of IBD is shows = the rank > from "Last Friday" as being 5. What is up with this? I'm trying = to learn > the CANSLIM method and have been a subscriber for almost two years = and read > both of WON's books. I'm concerned that the data reported in the = paper is > inaccurate for trying to track trends with the industry groups. = Can you > explain how this happens. I could just as quickly pointed out = another 75 to > 80 other examples. They might not be to this degree but the = numbers don't > match. Should I cancel my subscription and study sothing else. >=20 > Jerry Sparrow > North Carolina >=20 > Jerry Sparrow, CPA > Corporate Controller > Biscuitville Restaurants, Inc. >=20 > = *************************************************************************= ************************* > The Firelan(tm) Virus Scanning Service has scanned this email for = viruses, vandals > and malicious content. > http://www.firelan.net > = *************************************************************************= ************************* >=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. >=20 >=20 - ------=_NextPart_000_001E_01C1611C.A488ECA0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Jerry,
 
I won't argue that IBD may have a problem here, just = from=20 group discussions on it. But it is important to distinguish between what = is=20 reported in Friday's paper (which is actually, or should be, Thursday's = ranking)=20 and what is used by them as "Last Friday" which I would take to be = Friday's end=20 of day ranking.
 
Has anyone using DGO also been experiencing this? = Since I am=20 not a group follower, I have no first hand experience and rarely look at = the=20 lists.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Jerry Sparrow
To: canslim@lists.xmission.com =
Sent: Tuesday, October 30, 2001 = 8:16=20 AM
Subject: RE: [CANSLIM] Industry = Groups

My=20 issues aren't with the differences between what is posted on Friday = vs. what=20 is posted on the following Monday.  My issues are with the fact = that they=20 report one set of ranking this Friday and then next Friday the "Last = Friday"=20 column doesn't match.  I was getting real concerned when the = groups would=20 move a couple of spaces, but irritated as hell when I see one move 141 = spaces,=20 to be reported as having a rank from the previous week of 5 instead of = what=20 was printed as 146.
-----Original Message-----
From: Norman=20 [mailto:theboyd@tisd.net]
Sent: Monday, October 29, 2001 = 9:32=20 PM
To: canslim@lists.xmission.com
Subject: Re: = [CANSLIM]=20 Industry Groups

Hi Jerry,
 
As you may have noticed, I posted my concerns about this = exact=20 same issue to this list during this past summer.  I also raised = the=20 question to investors.com and received the following response:
 
"Dear Norman Boyd,

Thank you for = your=20 e-mail.

The reason for the industry group rankings = discrepancy in the=20 Monday
issue of the paper, reflecting Friday's market activity, = from that=20 on
the web site is that extra calculations are done after the = market=20 closes
and after the print edition goes to press.  Those = extra=20 calculations are
taken into account on the web site.

This = issue=20 has been raised before and it is being addressed.

Thank you = again for=20 writing.

Sincerely,

Alex,
Investor's Business=20 Daily" 
 
Evidently it is still being addressed.  I find that = situation very=20 disturbing since they push industry group ranks so hard.  I too = have=20 given serious thought to changing data sources.  "Hot Industry = Groups"=20 can't begin to explain all the discrepancies we have seen.  = Hopefully=20 they are watching!
 
Norm
 
----- Original Message -----=20
From: "Jerry Sparrow" <jsparrow@Biscuitville.com&g= t;
To: "Canslim Group (E-mail)" <canslim@xmission.com>
Sent: Monday, October 29, 2001 5:53 PM
Subject: [CANSLIM] Industry Groups

> I bet you thought I had "unsubscribed".  I = have=20 posted this question to IBD
> tonight.  Can anyone else = explain=20 how this works.  Is it some kind of new
> math?
> =
>=20 I have been keeping up with Industry Group Rankings for the past = eight=20 weeks
> at least.  I have noticed a huge descrepency = between=20 rankings from one week
> to the next.  Here is just one = example;=20 Last Friday (10/19/01) the Computer
> Optical Recogtn was = ranked=20 146.  This Friday (10/26/01) that same Industry
> Group = was=20 ranked 11.  That is a huge jump until you look at the = column
>=20 labeled "Last Friday".  In the October 26 edition of IBD is = shows the=20 rank
> from "Last Friday" as being 5.  What is up with=20 this?  I'm trying to learn
> the CANSLIM method and have = been a=20 subscriber for almost two years and read
> both of WON's = books. =20 I'm concerned that the data reported in the paper is
> = inaccurate for=20 trying to track trends with the industry groups.  Can = you
>=20 explain how this happens.  I could just as quickly pointed out = another=20 75 to
> 80 other examples.  They might not be to this = degree but=20 the numbers don't
> match.  Should I cancel my = subscription and=20 study sothing else.
>
> Jerry Sparrow
> North=20 Carolina
>
> Jerry Sparrow, CPA
> Corporate=20 Controller
> Biscuitville Restaurants, Inc.
>
>=20 = *************************************************************************= *************************
>=20 The Firelan(tm) Virus Scanning Service has scanned this email for = viruses,=20 vandals
> and malicious content.
> http://www.firelan.net
>=20 = *************************************************************************= *************************
>=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 your email.
>
>=20
- ------=_NextPart_000_001E_01C1611C.A488ECA0-- - - - -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: Tue, 30 Oct 2001 08:41:03 -0500 From: Jerry Sparrow Subject: RE: [CANSLIM] Industry Groups This message is in MIME format. Since your mail reader does not understand this format, some or all of this message may not be legible. - ------_=_NextPart_001_01C16148.84782350 Content-Type: text/plain; charset="iso-8859-1" You may be on to something. This Friday's rankings are actually the rankings as of the market close on Thursday. Then the rankings that are reported as "Last Friday are actually from the market close on Friday. I'm guessing that in order to truly track the end of week rankings on the Industry Groups, I should use the Monday edition that actually comes in the mail on Saturday. That way I have all of after market effects accounted for. It seems that we may have solved the issue. As we know that IBD is watching over the shoulder of this group, they will probably do a cut and paste and email it back to me as the answer. - -----Original Message----- From: Tom Worley [mailto:stkguru@netside.net] Sent: Tuesday, October 30, 2001 8:27 AM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] Industry Groups Jerry, I won't argue that IBD may have a problem here, just from group discussions on it. But it is important to distinguish between what is reported in Friday's paper (which is actually, or should be, Thursday's ranking) and what is used by them as "Last Friday" which I would take to be Friday's end of day ranking. Has anyone using DGO also been experiencing this? Since I am not a group follower, I have no first hand experience and rarely look at the lists. Tom Worley stkguru@netside.net AIM: TexWorley - ----- Original Message ----- From: Jerry Sparrow To: canslim@lists.xmission.com Sent: Tuesday, October 30, 2001 8:16 AM Subject: RE: [CANSLIM] Industry Groups My issues aren't with the differences between what is posted on Friday vs. what is posted on the following Monday. My issues are with the fact that they report one set of ranking this Friday and then next Friday the "Last Friday" column doesn't match. I was getting real concerned when the groups would move a couple of spaces, but irritated as hell when I see one move 141 spaces, to be reported as having a rank from the previous week of 5 instead of what was printed as 146. - -----Original Message----- From: Norman [mailto:theboyd@tisd.net] Sent: Monday, October 29, 2001 9:32 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] Industry Groups Hi Jerry, As you may have noticed, I posted my concerns about this exact same issue to this list during this past summer. I also raised the question to investors.com and received the following response: "Dear Norman Boyd, Thank you for your e-mail. The reason for the industry group rankings discrepancy in the Monday issue of the paper, reflecting Friday's market activity, from that on the web site is that extra calculations are done after the market closes and after the print edition goes to press. Those extra calculations are taken into account on the web site. This issue has been raised before and it is being addressed. Thank you again for writing. Sincerely, Alex, Investor's Business Daily" Evidently it is still being addressed. I find that situation very disturbing since they push industry group ranks so hard. I too have given serious thought to changing data sources. "Hot Industry Groups" can't begin to explain all the discrepancies we have seen. Hopefully they are watching! Norm - ----- Original Message ----- From: "Jerry Sparrow" < jsparrow@Biscuitville.com > To: "Canslim Group (E-mail)" < canslim@xmission.com > Sent: Monday, October 29, 2001 5:53 PM Subject: [CANSLIM] Industry Groups > I bet you thought I had "unsubscribed". I have posted this question to IBD > tonight. Can anyone else explain how this works. Is it some kind of new > math? > > I have been keeping up with Industry Group Rankings for the past eight weeks > at least. I have noticed a huge descrepency between rankings from one week > to the next. Here is just one example; Last Friday (10/19/01) the Computer > Optical Recogtn was ranked 146. This Friday (10/26/01) that same Industry > Group was ranked 11. That is a huge jump until you look at the column > labeled "Last Friday". In the October 26 edition of IBD is shows the rank > from "Last Friday" as being 5. What is up with this? I'm trying to learn > the CANSLIM method and have been a subscriber for almost two years and read > both of WON's books. I'm concerned that the data reported in the paper is > inaccurate for trying to track trends with the industry groups. Can you > explain how this happens. I could just as quickly pointed out another 75 to > 80 other examples. They might not be to this degree but the numbers don't > match. Should I cancel my subscription and study sothing else. > > Jerry Sparrow > North Carolina > > Jerry Sparrow, CPA > Corporate Controller > Biscuitville Restaurants, Inc. > > **************************************************************************** ********************** > The Firelan(tm) Virus Scanning Service has scanned this email for viruses, vandals > and malicious content. > http://www.firelan.net > **************************************************************************** ********************** > > - > -To subscribe/unsubscribe, email " majordomo@xmission.com " > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. > > - ------_=_NextPart_001_01C16148.84782350 Content-Type: text/html; charset="iso-8859-1"
You may be on to something.  This Friday's rankings are actually the rankings as of the market close on Thursday.  Then the rankings that are reported as "Last Friday are actually from the market close on Friday.  I'm guessing that in order to truly track the end of week rankings on the Industry Groups, I should use the Monday edition that actually comes in the mail on Saturday.  That way I have all of after market effects accounted for.  It seems that we may have solved the issue.  As we know that IBD is watching over the shoulder of this group, they will probably do a cut and paste and email it back to me as the answer.
-----Original Message-----
From: Tom Worley [mailto:stkguru@netside.net]
Sent: Tuesday, October 30, 2001 8:27 AM
To: canslim@lists.xmission.com
Subject: Re: [CANSLIM] Industry Groups

Jerry,
 
I won't argue that IBD may have a problem here, just from group discussions on it. But it is important to distinguish between what is reported in Friday's paper (which is actually, or should be, Thursday's ranking) and what is used by them as "Last Friday" which I would take to be Friday's end of day ranking.
 
Has anyone using DGO also been experiencing this? Since I am not a group follower, I have no first hand experience and rarely look at the lists.
 
Tom Worley
stkguru@netside.net
AIM: TexWorley
----- Original Message -----
Sent: Tuesday, October 30, 2001 8:16 AM
Subject: RE: [CANSLIM] Industry Groups

My issues aren't with the differences between what is posted on Friday vs. what is posted on the following Monday.  My issues are with the fact that they report one set of ranking this Friday and then next Friday the "Last Friday" column doesn't match.  I was getting real concerned when the groups would move a couple of spaces, but irritated as hell when I see one move 141 spaces, to be reported as having a rank from the previous week of 5 instead of what was printed as 146.
-----Original Message-----
From: Norman [mailto:theboyd@tisd.net]
Sent: Monday, October 29, 2001 9:32 PM
To: canslim@lists.xmission.com
Subject: Re: [CANSLIM] Industry Groups

Hi Jerry,
 
As you may have noticed, I posted my concerns about this exact same issue to this list during this past summer.  I also raised the question to investors.com and received the following response:
 
"Dear Norman Boyd,

Thank you for your e-mail.

The reason for the industry group rankings discrepancy in the Monday
issue of the paper, reflecting Friday's market activity, from that on
the web site is that extra calculations are done after the market closes
and after the print edition goes to press.  Those extra calculations are
taken into account on the web site.

This issue has been raised before and it is being addressed.

Thank you again for writing.

Sincerely,

Alex,
Investor's Business Daily" 
 
Evidently it is still being addressed.  I find that situation very disturbing since they push industry group ranks so hard.  I too have given serious thought to changing data sources.  "Hot Industry Groups" can't begin to explain all the discrepancies we have seen.  Hopefully they are watching!
 
Norm
 
----- Original Message -----
From: "Jerry Sparrow" <jsparrow@Biscuitville.com>
To: "Canslim Group (E-mail)" <canslim@xmission.com>
Sent: Monday, October 29, 2001 5:53 PM
Subject: [CANSLIM] Industry Groups

> I bet you thought I had "unsubscribed".  I have posted this question to IBD
> tonight.  Can anyone else explain how this works.  Is it some kind of new
> math?
>
> I have been keeping up with Industry Group Rankings for the past eight weeks
> at least.  I have noticed a huge descrepency between rankings from one week
> to the next.  Here is just one example; Last Friday (10/19/01) the Computer
> Optical Recogtn was ranked 146.  This Friday (10/26/01) that same Industry
> Group was ranked 11.  That is a huge jump until you look at the column
> labeled "Last Friday".  In the October 26 edition of IBD is shows the rank
> from "Last Friday" as being 5.  What is up with this?  I'm trying to learn
> the CANSLIM method and have been a subscriber for almost two years and read
> both of WON's books.  I'm concerned that the data reported in the paper is
> inaccurate for trying to track trends with the industry groups.  Can you
> explain how this happens.  I could just as quickly pointed out another 75 to
> 80 other examples.  They might not be to this degree but the numbers don't
> match.  Should I cancel my subscription and study sothing else.
>
> Jerry Sparrow
> North Carolina
>
> Jerry Sparrow, CPA
> Corporate Controller
> Biscuitville Restaurants, Inc.
>
> **************************************************************************************************
> The Firelan(tm) Virus Scanning Service has scanned this email for viruses, vandals
> and malicious content.
> http://www.firelan.net
> **************************************************************************************************
>
> -
> -To subscribe/unsubscribe, email "majordomo@xmission.com"
> -In the email body, write "subscribe canslim" or
> -"unsubscribe canslim".  Do not use quotes in your email.
>
>
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