From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #1774 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 Friday, November 2 2001 Volume 02 : Number 1774 In this issue: Re: [CANSLIM] AMHC and SONC Re: [CANSLIM] AMHC and SONC Re: [CANSLIM] AMHC and SONC Re: [CANSLIM] AMHC and SONC Re: LLUR (was Re: [CANSLIM] TARO) Re: LLUR (was Re: [CANSLIM] TARO) [CANSLIM] Stock Ideas Re: [CANSLIM] Stock Ideas Re: [CANSLIM] Stock Ideas [CANSLIM] Intro: Trace Warren Re: LLUR (was Re: [CANSLIM] TARO) ---------------------------------------------------------------------- Date: Thu, 1 Nov 2001 12:59:34 -0800 From: "Bill Triffet" Subject: Re: [CANSLIM] AMHC and SONC - ----- Original Message ----- From: "Katherine Malm" To: Sent: Thursday, November 01, 2001 11:44 AM Subject: Re: [CANSLIM] AMHC and SONC > Hi Bill, > > I'd say SONC broke out from deep in the base on 10/3 without pausing for a > handle and has been building base on base since. I'm not surprised that it > hasn't thrust up in a big way, because its history is to make slow and > steady progress followed by long pauses in price movement. I'd bet the > holders are primarily value-oriented and would view this as fully-valued at > this point. Fundamentally, they've been through a pretty comprehensive > restructuring and upgrade of their locations in the last couple of years, so > may be revved up into a high growth mode. If they're not, however, I'm not > sure you'd see huge movement in the stock after a breakout from this > congestion. If so, I'd lay odds that you'd see the stock pop above > 34.40/34.50 with at least as much volume as 10/6. It's been hitting the top > of this range on wimpy volume for short bursts during the day for the past > several weeks. > > Katherine It's amazing the different view one gets just by changing from daily to weely charts (IBD site). Look at it weekly and it IMHO looks like it broke out of a saucer w/handle the week of 6/22. If one picked it up then, I would call it a failed break out the week of 9/7. Or I see it as the start of a 5 week LLUR (ascending base). Or... as you say - a base on base. I agree they may be revving up as I see much more visiblity here in L.A. with them. They even have a veggie burger! - -Bill Triffet - - - -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, 1 Nov 2001 15:24:13 -0600 From: "Katherine Malm" Subject: Re: [CANSLIM] AMHC and SONC jans, When I was commenting on SONC, I was only trying to address the specific question that Bill was asking. As I read it "does it look like SONC is breaking out"? My thoughts were not meant as a thorough analysis of stock, industry, market. From your email, I believe that you understood that. Only reason why I commented at all is that I've watched the stock for many years, impressed with their management, and recently put it on my daily live watch due to its recent action. I think it's at a curious inflection point in its "life as a stock" and was only trying to present my read on the recent price action. It's also a bit of a study for me, as I've seen it hit the top of this latest range so many days recently. If you're buying at a "pivot" point on at least 150% volume and you have to extrapolate volume intraday, then would you buy this, for example, today at around noon? (This is really an issue from another thread.) My personal answer would be "no" because of it's individual stock behavior, and more to your point, I think the market's contributing to holding it back right here. All the more reason, then, to look for a strong breakout from this base on base. More directly to your question of me, however. I strongly believe what WON says "buy on the fundamentals, sell on the technicals." So, I look for stocks with sound fundamentals and then wait for the technicals to confirm an optimal buy point. In my case, those technicals would include not only the price/volume action of the stock, but P/V action of its industry brethren and general market "direction" as confirmation. Unlike, WON, however, I believe you can find good stocks in bad markets, though their runs tend to be more abbreviated or more slowly paced when the market is lousy. With regard to selling. I believe in letting technicals take me out of positions, even though the fundamentals may still look good. It's generally true that big money's figured out that earnings are slowing or the like and they're exiting. That means, if a stock is a leader in its group and the rest of the group is starting to break down one by one, I am more likely to sell the stock when it starts looking technically "iffy" itself. Again, I think "M" is only third on the list here as well. Thanks for keeping me honest! Katherine kmalm@earthlink.net - ----- Original Message ----- From: To: Sent: Thursday, November 01, 2001 2:52 PM Subject: Re: [CANSLIM] AMHC and SONC > Katherine: > > Don't you put any stock in whether we're in a bull or bear market. > I enjoy reading your E-mails, because they make a lot of good sense. The > same with your analyses of stocks. What I don't understand, though, is how > you seemingly can ignore what the Markets as a whole are doing. > > For instance, your fundamental analysis of SONC is both relevant and > your analysis of it makes a lot of sense. You even go into technical > territory when you opine on SONC's volume/price connection at $34-$35 > resistance, and its base-on-base appearance. > > However, WON says that 70-80% of stocks will follow the market, no > matter how strong (for a bear market) or weak (for a bull market) they are. > In your analysis of SONC you don't mention the Market at all. Don't you take > into consideration that, for instance, one valid reason for SONC not breaking > out is that we are at the end of a bear? I agree with you: To me SONC looks > to be putting in what WON describes as a second stage base (or "base on a > base"). It hasn't fallen really fallen below the previous $32 breakout point > (at least where I would characterize the Pivot Point as having been)-and when > it does fall it is usually on lower volume or on volume which indicates > institutional support. > > My point is not to write a brief for SONC (although I do believe it > should be watched), but to ask whether or not-in how you analyze stocks-the > markets' trend plays a part in your evaluation of the stock? And if so, how > much-approximately? > > jans > > In a message dated 11/1/2001 2:45:40 PM Eastern Standard Time, > kmalm@earthlink.net writes: > > << I'd say SONC broke out from deep in the base on 10/3 without pausing for a > handle and has been building base on base since. I'm not surprised that it > hasn't thrust up in a big way, because its history is to make slow and > steady progress followed by long pauses in price movement. I'd bet the > holders are primarily value-oriented and would view this as fully-valued at > this point. Fundamentally, they've been through a pretty comprehensive > restructuring and upgrade of their locations in the last couple of years, so > may be revved up into a high growth mode. If they're not, however, I'm not > sure you'd see huge movement in the stock after a breakout from this > congestion. If so, I'd lay odds that you'd see the stock pop above > 34.40/34.50 with at least as much volume as 10/6. It's been hitting the top > of this range on wimpy volume for short bursts during the day for the past > several weeks. >> > > - > -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, 1 Nov 2001 15:44:38 -0600 From: "Katherine Malm" Subject: Re: [CANSLIM] AMHC and SONC Agreed on using the weekly charts. I like to view the stock "in context." Weeklies over a long period of time give me a feel for how the stock behaves, where its most recent breakouts occurred, how long the bases generally last, whether the stock tends to move sideways for long periods, is it cyclical by nature, etc. And BTW, SONC makes a darn good shake. My friend's grandson was very upset recently when they were taking a summer trip in the Northwest. He just couldn't understand "how there could be a town without a Sonic." Katherine - ----- Original Message ----- > It's amazing the different view one gets just by changing from daily to > weely charts (IBD site). Look at it weekly and it IMHO looks like it broke > out of a saucer w/handle the week of 6/22. If one picked it up then, I would > call it a failed break out the week of 9/7. Or I see it as the start of a 5 > week LLUR (ascending base). Or... as you say - a base on base. > > I agree they may be revving up as I see much more visiblity here in L.A. > with them. They even have a veggie burger! > > -Bill Triffet - - - -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, 1 Nov 2001 14:20:31 -0800 (PST) From: Kent Norman Subject: Re: [CANSLIM] AMHC and SONC So why do we have to focus on the 80% losers in a down market? Why can't we look at the remaining ones that don't follow the herd? Other paragraphs show that CANSLIM is focusing on the best of the best. During a transition from Bear to Bull (which I feel we are experiencing), it is reasonable to assume some stocks will start to rise before others (daily, weekly or otherwise). Should we ignore the early risers just because the herd has not changed course yet? Kent - --- Spencer48@aol.com wrote: > Katherine: > > However, WON says that 70-80% of stocks will > follow the market, no matter how strong (for a bear > market) or weak (for a bull market) they are. __________________________________________________ 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. ------------------------------ Date: Thu, 1 Nov 2001 18:55:10 -0500 From: "Ann" Subject: Re: LLUR (was Re: [CANSLIM] TARO) This is a multi-part message in MIME format. - ------=_NextPart_000_004E_01C16306.BB744F40 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Tom, As I recall, this pattern (although they might have called it something = different) was mentioned in Investors' Corner a number of weeks ago. Ann ----- Original Message -----=20 From: Tom Worley=20 To: CANSLIM=20 Sent: Wednesday, October 31, 2001 10:48 PM Subject: LLUR (was Re: [CANSLIM] TARO) Lower Left Upper Right Key to the pattern is a smooth price chart (essentially a flat line = base), steadily progressing. Also described as a trading range, but with = low volatility. Key to recognition is tilting your head about 45 degrees = to the left, then you see a flat line base chart. Buy point is when it = trades to its low range, sell point is at the high point of its trading = range (or just hold thru the ups and downs). Ideally, you want a full 12 = months of the pattern unblemished by any volatility. Often the 50 DMA = line serves as the lower threshold, but sometimes other moving averages = provide a better guideline. Key to success is recognizing when it changes its pattern (that = includes a substantial break out to the upside). Be quick to exit when = it changes pattern, as otherwise there is no nearby base to support it = in a pullback. Term introduced to this group by a former member, not mentioned by = WON, so not pure CANSLIM. Success with this pattern totally based and = predicated on it continuing its pattern, so any variation is cause for = alarm. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, October 31, 2001 9:20 PM Subject: Re: [CANSLIM] TARO jans,=20 Sorry, still learning the group's abbreviations, but "LLUR" stumped = me! Katherine ----- Original Message -----=20 > Ernie: >=20 > If you'll notice TARO is in a LLUR on the weekly chart - ------=_NextPart_000_004E_01C16306.BB744F40 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Tom,
 
As I recall, this pattern (although they might have = called it=20 something different) was mentioned in Investors' Corner a number of = weeks=20 ago.
 
Ann
----- Original Message -----
From:=20 Tom = Worley=20
To: CANSLIM
Sent: Wednesday, October 31, = 2001 10:48=20 PM
Subject: LLUR (was Re: = [CANSLIM]=20 TARO)

Lower=20 Left Upper Right
 
Key to the pattern is a smooth price chart = (essentially a=20 flat line base), steadily progressing. Also described as a trading = range, but=20 with low volatility. Key to recognition is tilting your head about 45 = degrees=20 to the left, then you see a flat line base chart. Buy point is when it = trades=20 to its low range, sell point is at the high point of its trading range = (or=20 just hold thru the ups and downs). Ideally, you want a full 12 months = of the=20 pattern unblemished by any volatility. Often the 50 DMA line serves as = the=20 lower threshold, but sometimes other moving averages provide a better=20 guideline.
 
Key to success is recognizing when it changes its = pattern=20 (that includes a substantial break out to the upside). Be quick to = exit when=20 it changes pattern, as otherwise there is no nearby base to support it = in a=20 pullback.
 
Term introduced to this group by a former member, = not=20 mentioned by WON, so not pure CANSLIM. Success with this pattern = totally based=20 and predicated on it continuing its pattern, so any variation is cause = for=20 alarm.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Katherine=20 Malm
Sent: Wednesday, October 31, = 2001 9:20=20 PM
Subject: Re: [CANSLIM] = TARO

jans,

Sorry, still learning the group's=20 abbreviations, but "LLUR" stumped me!

Katherine

----- = Original=20 Message -----
> Ernie:
> =
>     =20 If you'll notice TARO is in a LLUR on the weekly=20 = chart

<snip>

= - ------=_NextPart_000_004E_01C16306.BB744F40-- - - - -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, 1 Nov 2001 21:04:47 -0500 From: "Tom Worley" Subject: Re: LLUR (was Re: [CANSLIM] TARO) This is a multi-part message in MIME format. - ------=_NextPart_000_0049_01C16318.D6FAA540 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable I guess a rose is still a rose, even if called by another name. I wonder = if IBD mentioning it makes it officially a CANSLIM type pattern, or do = we need an endorsement as well by WON? Of course, would be nice if they = called it a LLUR, as we have been doing for nearly four years here, = rather than pretending to "discover it" with a different name. And = credit to its originator would also seem appropriate, give him his 15 = minutes (or is it seconds) of fame. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Ann=20 To: canslim@lists.xmission.com=20 Sent: Thursday, November 01, 2001 6:55 PM Subject: Re: LLUR (was Re: [CANSLIM] TARO) Tom, =20 As I recall, this pattern (although they might have called it = something different) was mentioned in Investors' Corner a number of = weeks ago. =20 Ann ----- Original Message -----=20 From: Tom Worley=20 To: CANSLIM=20 Sent: Wednesday, October 31, 2001 10:48 PM Subject: LLUR (was Re: [CANSLIM] TARO) Lower Left Upper Right Key to the pattern is a smooth price chart (essentially a flat line = base), steadily progressing. Also described as a trading range, but with = low volatility. Key to recognition is tilting your head about 45 degrees = to the left, then you see a flat line base chart. Buy point is when it = trades to its low range, sell point is at the high point of its trading = range (or just hold thru the ups and downs). Ideally, you want a full 12 = months of the pattern unblemished by any volatility. Often the 50 DMA = line serves as the lower threshold, but sometimes other moving averages = provide a better guideline. Key to success is recognizing when it changes its pattern (that = includes a substantial break out to the upside). Be quick to exit when = it changes pattern, as otherwise there is no nearby base to support it = in a pullback. Term introduced to this group by a former member, not mentioned by = WON, so not pure CANSLIM. Success with this pattern totally based and = predicated on it continuing its pattern, so any variation is cause for = alarm. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, October 31, 2001 9:20 PM Subject: Re: [CANSLIM] TARO jans,=20 Sorry, still learning the group's abbreviations, but "LLUR" = stumped me! Katherine ----- Original Message -----=20 > Ernie: >=20 > If you'll notice TARO is in a LLUR on the weekly chart - ------=_NextPart_000_0049_01C16318.D6FAA540 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
I guess a rose is still a rose, even if called by = another=20 name. I wonder if IBD mentioning it makes it officially a CANSLIM type = pattern,=20 or do we need an endorsement as well by WON?  Of course, would be = nice if=20 they called it a LLUR, as we have been doing for nearly four years here, = rather=20 than pretending to "discover it" with a different name. And credit to = its=20 originator would also seem appropriate, give him his 15 minutes (or is = it=20 seconds) of fame.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Ann=20
To: canslim@lists.xmission.com =
Sent: Thursday, November 01, = 2001 6:55=20 PM
Subject: Re: LLUR (was Re: = [CANSLIM]=20 TARO)

Tom,
 
As I recall, this pattern (although they might = have called=20 it something different) was mentioned in Investors' Corner a number of = weeks=20 ago.
 
Ann
----- Original Message -----
From:=20 Tom=20 Worley
To: CANSLIM
Sent: Wednesday, October 31, = 2001 10:48=20 PM
Subject: LLUR (was Re: = [CANSLIM]=20 TARO)

Lower=20 Left Upper Right
 
Key to the pattern is a smooth price chart = (essentially a=20 flat line base), steadily progressing. Also described as a trading = range,=20 but with low volatility. Key to recognition is tilting your head = about 45=20 degrees to the left, then you see a flat line base chart. Buy point = is when=20 it trades to its low range, sell point is at the high point of its = trading=20 range (or just hold thru the ups and downs). Ideally, you want a = full 12=20 months of the pattern unblemished by any volatility. Often the 50 = DMA line=20 serves as the lower threshold, but sometimes other moving averages = provide a=20 better guideline.
 
Key to success is recognizing when it changes = its pattern=20 (that includes a substantial break out to the upside). Be quick to = exit when=20 it changes pattern, as otherwise there is no nearby base to support = it in a=20 pullback.
 
Term introduced to this group by a former = member, not=20 mentioned by WON, so not pure CANSLIM. Success with this pattern = totally=20 based and predicated on it continuing its pattern, so any variation = is cause=20 for alarm.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message ----- =
From:=20 Katherine=20 Malm
To: canslim@lists.xmission.com =
Sent: Wednesday, October = 31, 2001=20 9:20 PM
Subject: Re: [CANSLIM] = TARO

jans,

Sorry, still learning the group's=20 abbreviations, but "LLUR" stumped = me!

Katherine

-----=20 Original Message -----
> Ernie:
>=20
>      If you'll notice TARO is in = a LLUR=20 on the weekly=20 chart

<snip>

<= /BODY> - ------=_NextPart_000_0049_01C16318.D6FAA540-- - - - -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, 1 Nov 2001 21:10:54 -0600 From: "Matt & Alicia Leverette" Subject: [CANSLIM] Stock Ideas This is a multi-part message in MIME format. - ------=_NextPart_000_006E_01C16319.B1BBED60 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable I would appreciate some of your views on DYII and PTV. Thanks - ------=_NextPart_000_006E_01C16319.B1BBED60 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
I would appreciate some of your views on DYII and=20 PTV.
 
Thanks
- ------=_NextPart_000_006E_01C16319.B1BBED60-- - - - -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, 1 Nov 2001 21:53:31 -0600 From: "Katherine Malm" Subject: Re: [CANSLIM] Stock Ideas This is a multi-part message in MIME format. - ------=_NextPart_000_00DF_01C1631F.A5A255E0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Matt/Alicia DYII: Not much quality institutional support. Fidelity Low-Priced Fund = is one of 2 funds and only holds 43K shares. Sure don't like that high = volume reversal 10/5 followed by a gap down the next day on no news. The = company's press release says "it's short sellers." Can't find the = earnings release for this quarter, but 10K was filed 11/30 last year. = I'm leery of this one despite the big earnings & revenues in recent = quarters. As an example, take a look at IRF. Inexplicable gap down on = 6/11 with no news. Look what happened after that on earnings news on = 6/15! Not to say the same thing will happen to DYII, but it sure scares = me enough to stay away. Katherine kmalm@earthlink.net ----- Original Message -----=20 From: Matt & Alicia Leverette=20 To: canslim@lists.xmission.com=20 Sent: Thursday, November 01, 2001 9:10 PM Subject: [CANSLIM] Stock Ideas I would appreciate some of your views on DYII and PTV. Thanks - ------=_NextPart_000_00DF_01C1631F.A5A255E0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Matt/Alicia
 
DYII: Not much quality institutional = support.=20 Fidelity Low-Priced Fund is one of 2 funds and only holds 43K shares. = Sure don't=20 like that high volume reversal 10/5 followed by a gap down the next day = on no=20 news. The company's press release says "it's short sellers." Can't find = the=20 earnings release for this quarter, but 10K was filed 11/30 last year. = I'm leery=20 of this one despite the big earnings & revenues in recent quarters. = As an=20 example, take a look at IRF. Inexplicable gap down on 6/11 with no news. = Look=20 what happened after that on earnings news on 6/15! Not to say the same = thing=20 will happen to DYII, but it sure scares me enough to stay = away.
 
Katherine
kmalm@earthlink.net
----- Original Message -----
From:=20 Matt &=20 Alicia Leverette
Sent: Thursday, November 01, = 2001 9:10=20 PM
Subject: [CANSLIM] Stock = Ideas

I would appreciate some of your views on DYII and=20 PTV.
 
Thanks
- ------=_NextPart_000_00DF_01C1631F.A5A255E0-- - - - -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, 1 Nov 2001 22:21:07 -0600 From: "Matt & Alicia Leverette" Subject: Re: [CANSLIM] Stock Ideas This is a multi-part message in MIME format. - ------=_NextPart_000_0080_01C16323.805BF580 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Thanks for the info ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Thursday, November 01, 2001 9:53 PM Subject: Re: [CANSLIM] Stock Ideas Matt/Alicia DYII: Not much quality institutional support. Fidelity Low-Priced Fund = is one of 2 funds and only holds 43K shares. Sure don't like that high = volume reversal 10/5 followed by a gap down the next day on no news. The = company's press release says "it's short sellers." Can't find the = earnings release for this quarter, but 10K was filed 11/30 last year. = I'm leery of this one despite the big earnings & revenues in recent = quarters. As an example, take a look at IRF. Inexplicable gap down on = 6/11 with no news. Look what happened after that on earnings news on = 6/15! Not to say the same thing will happen to DYII, but it sure scares = me enough to stay away. Katherine kmalm@earthlink.net ----- Original Message -----=20 From: Matt & Alicia Leverette=20 To: canslim@lists.xmission.com=20 Sent: Thursday, November 01, 2001 9:10 PM Subject: [CANSLIM] Stock Ideas I would appreciate some of your views on DYII and PTV. Thanks - ------=_NextPart_000_0080_01C16323.805BF580 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Thanks for the info
----- Original Message -----
From:=20 Katherine=20 Malm
Sent: Thursday, November 01, = 2001 9:53=20 PM
Subject: Re: [CANSLIM] Stock = Ideas

Matt/Alicia
 
DYII: Not much quality institutional = support.=20 Fidelity Low-Priced Fund is one of 2 funds and only holds 43K shares. = Sure=20 don't like that high volume reversal 10/5 followed by a gap down the = next day=20 on no news. The company's press release says "it's short sellers." = Can't find=20 the earnings release for this quarter, but 10K was filed 11/30 last = year. I'm=20 leery of this one despite the big earnings & revenues in recent = quarters.=20 As an example, take a look at IRF. Inexplicable gap down on 6/11 with = no news.=20 Look what happened after that on earnings news on 6/15! Not to say the = same=20 thing will happen to DYII, but it sure scares me enough to stay=20 away.
 
Katherine
kmalm@earthlink.net
----- Original Message -----
From:=20 Matt=20 & Alicia Leverette
Sent: Thursday, November 01, = 2001 9:10=20 PM
Subject: [CANSLIM] Stock = Ideas

I would appreciate some of your views on DYII = and=20 PTV.
 
Thanks
- ------=_NextPart_000_0080_01C16323.805BF580-- - - - -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, 1 Nov 2001 22:21:06 -0800 (PST) From: GM Subject: [CANSLIM] Intro: Trace Warren My name is Trace Warren, and I have been a lurker on the board for a few months. I have learned a great deal about canslim here and appreciate the insight everyone offers on a daily basis. I started investing in the market around 2 years ago. Unfortunately, I haven't done that well. After hanging around here, I personally feel that the canslim method would best suit my individual needs. However, I'm having a difficult time putting in the time to appropriately perform my own research. I have a full time job which hinders my being able to do so. Other than the ideas I pick up here, I'm totally lost in where else I might look. Does anyone know of any service that offers specific picks based on canslim with pivots and targets? The only one I've come across is momentumstockplays, but it's fee based. Also, they don't focus exclusively on canslim. Any help would be much appreciated. Again, thanks to everyone for the insight. I look forward to being an active participant in the group. Trace Warrent tapperknight@yahoo.com __________________________________________________ Do You Yahoo!? Find a job, post your resume. http://careers.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: Fri, 02 Nov 2001 08:45:01 +0100 From: "Makara, Tamas" Subject: Re: LLUR (was Re: [CANSLIM] TARO) I don't know what IBD termed ascending base but I read an interview at TradingMarkets.com with two WON fund managers in early 2000. They were talking about the ascending base but that was different from LLUR. It was shorter than an LLUR and they didn't mean to buy whithin the ascending base. They bought when the stock broke out of the slightly ascending channel on huge volume. Tamas Tom Worley wrote: > I guess a rose is still a rose, even if called by another name. I > wonder if IBD mentioning it makes it officially a CANSLIM type > pattern, or do we need an endorsement as well by WON? Of course, > would be nice if they called it a LLUR, as we have been doing for > nearly four years here, rather than pretending to "discover it" with a > different name. And credit to its originator would also seem > appropriate, give him his 15 minutes (or is it seconds) of fame. Tom > Worley > stkguru@netside.net > AIM: TexWorley > > ----- Original Message ----- > From: Ann > To: canslim@lists.xmission.com > Sent: Thursday, November 01, 2001 6:55 PM > Subject: Re: LLUR (was Re: [CANSLIM] TARO) > Tom, As I recall, this pattern (although they might have > called it something different) was mentioned in Investors' > Corner a number of weeks ago. Ann > > ----- Original Message ----- > From: Tom Worley > To: CANSLIM > Sent: Wednesday, October 31, 2001 10:48 PM > Subject: LLUR (was Re: [CANSLIM] TARO) > Lower Left Upper Right Key to the pattern is a > smooth price chart (essentially a flat line base), > steadily progressing. Also described as a trading > range, but with low volatility. Key to recognition > is tilting your head about 45 degrees to the left, > then you see a flat line base chart. Buy point is > when it trades to its low range, sell point is at > the high point of its trading range (or just hold > thru the ups and downs). Ideally, you want a full > 12 months of the pattern unblemished by any > volatility. Often the 50 DMA line serves as the > lower threshold, but sometimes other moving > averages provide a better guideline. Key to > success is recognizing when it changes its pattern > (that includes a substantial break out to the > upside). Be quick to exit when it changes pattern, > as otherwise there is no nearby base to support it > in a pullback. Term introduced to this group by a > former member, not mentioned by WON, so not pure > CANSLIM. Success with this pattern totally based > and predicated on it continuing its pattern, so > any variation is cause for alarm. Tom Worley > stkguru@netside.net > AIM: TexWorley > > ----- Original Message ----- > From: Katherine Malm > To: canslim@lists.xmission.com > Sent: Wednesday, October 31, 2001 9:20 > PM > Subject: Re: [CANSLIM] TARO > jans, > > Sorry, still learning the group's > abbreviations, but "LLUR" stumped me! > > Katherine > > ----- Original Message ----- > > Ernie: > > > > If you'll notice TARO is in a > LLUR on the weekly chart > > > > - - - -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 #1774 ****************************** 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.