From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #180 Reply-To: canslim Sender: owner-canslim-digest@lists.xmission.com Errors-To: owner-canslim-digest@lists.xmission.com Precedence: bulk X-No-Archive: yes canslim-digest Tuesday, April 7 1998 Volume 02 : Number 180 In this issue: [CANSLIM] USNA [CANSLIM] The Market [CANSLIM] Breakout DLJ [CANSLIM] Range Expansion Re: [CANSLIM] BUNZ atten Tom [CANSLIM] USNA Fw: [CANSLIM] USNA Re: [CANSLIM] The Market Re: [CANSLIM] BUNZ atten Tom Re: [CANSLIM] BUNZ [CANSLIM] ffgi Re: [CANSLIM] Breakout DLJ Re: [CANSLIM] BUNZ atten Tom [CANSLIM] Clearstation [CANSLIM] Re: Bears at 5 year low Re: [CANSLIM] aace ace cash express added to canslim picks! [CANSLIM] Re: Paul Gilberti RE: [CANSLIM] Range Expansion RE: [CANSLIM] Re: Paul Gilberti Re: [CANSLIM] aace ace cash express added to canslim picks! Re: [CANSLIM] Re: Bears at 5 year low [CANSLIM] PGEX Re: [CANSLIM] PGEX [CANSLIM] Re. Tom's Questions RE: [CANSLIM] PGEX [CANSLIM] ouch! RE: [CANSLIM] hard stops (was BUNZ atten Tom) [CANSLIM] Daily graphs Online Re: [CANSLIM] PGEX Re: [CANSLIM] Clearstation [CANSLIM] Content-Type: text/plain Re: [CANSLIM] Content-Type: text/plain ---------------------------------------------------------------------- Date: Mon, 06 Apr 1998 21:57:42 -0500 From: Dave Cameron Subject: [CANSLIM] USNA Well... the Naval Academy had a rough day today. Big downside volume - but still in its current trading range. I'll be watching closely. I hit support points on a few stocks today - and all I heard on the news today was that it was a BIG day for Wall Street with record highs. Maybe its just me, but I think only the Dow was up. Certainly the RUT, NASDAQ, S&P were down - and I'm sure (from the stocks I watch) that more were down than up. Good call by Tom before the open. - - ------------------------------ Date: Mon, 6 Apr 1998 20:28:10 -0800 From: "Patrick Wahl" Subject: [CANSLIM] The Market The S&P futures closed the day session at a 3 point discount to fair value (that means they were anticipating more selling tomorrow), and tonight are down another 3 points, so a 6 point discount to fair value, not good. All the market leader type stocks on the NASDAQ (intc, msft, dell) were down today. Very obvious divergence between the Dow and everything else today, so at least tomorrow looks like it could be rocky. - - ------------------------------ Date: Tue, 07 Apr 1998 11:45:08 +0000 From: Peter Christiansen Subject: [CANSLIM] Breakout DLJ DLJ had a strong out today. Numbers look pretty good. Peter Christiansen Chiang Mai - Thailand - - ------------------------------ Date: Sat, 4 Apr 1998 19:29:31 -0800 From: "Patrick Wahl" Subject: [CANSLIM] Range Expansion I finally backtested an idea I've been looking at, seems like it came from "Hit and Run Trading". Anyway, the system is to buy a range expansion where the close is the highest close in 40 days. Range expansion simply means that the high to low distance is greater than any other high to low of X number of days, in this case I used 8. I used a close < a 50 day moving average for the exit. The one line of code for the entry, if anyone is interested, was like this - range > highest(range,8)[1] and close > highest(close,40)[1] Exit when - Close < Average(Close,50) Results were quite good. I ran it on the following stocks - CPQ, AMAT, IBM, HCFP, INTC, SUNW, ACAI, THRX, DELL, CTXS, LGTO, AWA. At worst, there was just a sort of flat performance, while on most of the stocks it caught at least one trend and did pretty well. I think things could be filtered a little better, but this does seem like a worthwhile entry signal. Anyone interested in this should experiment a bit themselves and convince themselves it is a good method. - - ------------------------------ Date: Mon, 6 Apr 1998 13:49:42 -0700 From: Subject: Re: [CANSLIM] BUNZ atten Tom god you were so right on this one I lost my you know what on this one today I am down about 35% already you think I should go ahead and dump it it seems to have bottomed out but some sort of news is expected this aft. apparently some people knew inadvance - -----Original Message----- From: Tom Worley To: canslim@lists.xmission.com Date: Sunday, April 05, 1998 6:13 AM Subject: Re: [CANSLIM] BUNZ (was newbie questions rwave mini) >All the CS elements appear to be there and of good or better levels >except I saw nothing meeting "N". It took a sharp drop on Friday, on >over 3X ADV, and closed almost at the low of the day which is not >encouraging for Monday. I didn't search news to see if there was a >reason, but if so then this would be "trying to catch a falling knife" >and likely better to let it fall. If this was absolutely and strictly >profit taking, then I might consider it more like a failed breakout, >and watch to see if it settles back into the prior $19 base. If so, >then once it settles down there and bases for a week or two, might be >worth a shot if positive volume comes in. > >My comments are strictly my own opinion, and should not be considered >as a buy/sell/hold recommendation. I am a former broker and an active >investor. >Tom W > >-----Original Message----- >From: hoseco7@concentric.net >To: canslim@lists.xmission.com >Date: Sunday, April 05, 1998 8:46 AM >Subject: [CANSLIM] newbie questions rwave mini > > >> >>thanks for the answers I got in on mini last week at 10 1/4 >>and I am gonna pass on rwave >> >>also thanks for the corrections on the terminolgy I used >>I am still learning >> >>by the way any thoughts on bunz >>I have tried to use the canslim formula on it but I am not sure I >did it >>right >> >> thanks david >> >> >>- >> > > >- > > - - ------------------------------ Date: Mon, 06 Apr 1998 21:57:42 -0500 From: Dave Cameron Subject: [CANSLIM] USNA Well... the Naval Academy had a rough day today. Big downside volume - but still in its current trading range. I'll be watching closely. I hit support points on a few stocks today - and all I heard on the news today was that it was a BIG day for Wall Street with record highs. Maybe its just me, but I think only the Dow was up. Certainly the RUT, NASDAQ, S&P were down - and I'm sure (from the stocks I watch) that more were down than up. Good call by Tom before the open. - - ------------------------------ Date: Tue, 7 Apr 1998 08:02:45 -0400 From: "Tom Worley" Subject: Fw: [CANSLIM] USNA bounced back due bad address. Tom W - -----Original Message----- From: Tom Worley To: canslim@lists Date: Tuesday, April 07, 1998 7:51 AM Subject: Re: [CANSLIM] USNA >To my old fashioned kind of thinking, Monday was a classic >distribution day. In particular, despite the positive (and record >breaking) close on the Dow 30, the adv/decline nr of stocks on every >major exchange was seriously negative. Had it not been for news of a >single major merger, which propelled the financials sector, then it >would have been worse (of course, had it not been for news of more >antitrust problems for MSFT, then it could have been a lot better for >the tech stock groups). > >Overall, breadth was pretty ugly. > >Tom W > >-----Original Message----- >From: Dave Cameron >To: canslim@lists.xmission.com >Date: Monday, April 06, 1998 11:24 PM >Subject: [CANSLIM] USNA > > >>Well... the Naval Academy had a rough day today. Big downside >>volume - but still in its current trading range. I'll be watching >>closely. >> >> I hit support >>points on a few stocks today - and all I heard on the news today >>was that it was a BIG day for Wall Street with record highs. >>Maybe its just me, but I think only the Dow was up. Certainly >>the RUT, NASDAQ, S&P were down - and I'm sure (from the stocks >>I watch) that more were down than up. >> >>Good call by Tom before the open. >> >>- >> > - - ------------------------------ Date: Tue, 7 Apr 1998 07:57:09 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] The Market Looks like a decent reversal overnight, Patrick. Both NASDAQ100 and S&P500 futures up several pts, and more importantly more in step with each other. Asia appears to have once again stabilized for the moment, and Europe is mostly up altho not in any big way. Tom W - -----Original Message----- From: Patrick Wahl To: canslim@lists.xmission.com Date: Monday, April 06, 1998 11:57 PM Subject: [CANSLIM] The Market The S&P futures closed the day session at a 3 point discount to fair value (that means they were anticipating more selling tomorrow), and tonight are down another 3 points, so a 6 point discount to fair value, not good. All the market leader type stocks on the NASDAQ (intc, msft, dell) were down today. Very obvious divergence between the Dow and everything else today, so at least tomorrow looks like it could be rocky. - - - - ------------------------------ Date: Tue, 7 Apr 1998 08:14:25 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] BUNZ atten Tom I hate being right in these kinds of situations, frankly. I can't tell you what to do since you are in it. Obviously it's not a buy for any CANSLIMer. I haven't searched for any rumors or news so don't know what hope that may give you for a bounce or recovery. Looking at the DG chart, tho, it appears this gapped down slightly on Monday, then went into a free fall. This may have been a good example of the value of hard stop loss orders. But at a minimum, it is a good example of the value of TA and letting a stock talk to you. Friday's performance was a signal that something bad "might" be going on. If you are not on the "inside", then let the stock tell you what is happening. Until you know and can evaluate the info, better to stay away from the uncertainty and higher risk. It's frequently not necessary to have "inside" info, just letting the volume and price performance talk to you can give you the best clues, and without all the hype either. It will take days to a week or more to know for sure if BUNZ has "bottomed out". But even if so, likely to take months or longer to heal and recover, depending on what is causing such a large drop. And, of course, there is the inevitible class action lawsuit, and possible SEC inquiry into insider trading, that may happen. Tom W - -----Original Message----- From: hoseco7@concentric.net To: canslim@lists.xmission.com Date: Tuesday, April 07, 1998 6:27 AM Subject: Re: [CANSLIM] BUNZ atten Tom >god you were so right on this one >I lost my you know what on this one today >I am down about 35% already >you think I should go ahead and dump it >it seems to have bottomed out >but some sort of news is expected this aft. >apparently some people knew inadvance >-----Original Message----- >From: Tom Worley >To: canslim@lists.xmission.com >Date: Sunday, April 05, 1998 6:13 AM >Subject: Re: [CANSLIM] BUNZ (was newbie questions rwave mini) > > >>All the CS elements appear to be there and of good or better levels >>except I saw nothing meeting "N". It took a sharp drop on Friday, on >>over 3X ADV, and closed almost at the low of the day which is not >>encouraging for Monday. I didn't search news to see if there was a >>reason, but if so then this would be "trying to catch a falling knife" >>and likely better to let it fall. If this was absolutely and strictly >>profit taking, then I might consider it more like a failed breakout, >>and watch to see if it settles back into the prior $19 base. If so, >>then once it settles down there and bases for a week or two, might be >>worth a shot if positive volume comes in. >> >>My comments are strictly my own opinion, and should not be considered >>as a buy/sell/hold recommendation. I am a former broker and an active >>investor. >>Tom W >> >>-----Original Message----- >>From: hoseco7@concentric.net >>To: canslim@lists.xmission.com >>Date: Sunday, April 05, 1998 8:46 AM >>Subject: [CANSLIM] newbie questions rwave mini >> >> >>> >>>thanks for the answers I got in on mini last week at 10 1/4 >>>and I am gonna pass on rwave >>> >>>also thanks for the corrections on the terminolgy I used >>>I am still learning >>> >>>by the way any thoughts on bunz >>>I have tried to use the canslim formula on it but I am not sure I >>did it >>>right >>> >>> thanks david >>> >>> >>>- >>> >> >> >>- >> >> > > >- > - - ------------------------------ Date: Tue, 7 Apr 1998 07:48:08 -0500 From: "Ricardo Bekin" Subject: Re: [CANSLIM] BUNZ AFTER THE CLOSE****** Schlotzky's Inc. (BUNZ)15 -5 1/2: --UPDATE-- made-to-order sandwiches with unique sourdough buns plans to revise its 1997 results; revision to lower 1997 results from $0.82 a share to about $0.71; expects Q2 results to incorporate the bulk of deferred revenues..... - -----Original Message----- From: hoseco7@concentric.net To: canslim@lists.xmission.com Date: Tuesday, April 07, 1998 5:31 AM Subject: Re: [CANSLIM] BUNZ atten Tom >god you were so right on this one >I lost my you know what on this one today >I am down about 35% already >you think I should go ahead and dump it >it seems to have bottomed out >but some sort of news is expected this aft. >apparently some people knew inadvance >-----Original Message----- >From: Tom Worley >To: canslim@lists.xmission.com >Date: Sunday, April 05, 1998 6:13 AM >Subject: Re: [CANSLIM] BUNZ (was newbie questions rwave mini) > > >>All the CS elements appear to be there and of good or better levels >>except I saw nothing meeting "N". It took a sharp drop on Friday, on >>over 3X ADV, and closed almost at the low of the day which is not >>encouraging for Monday. I didn't search news to see if there was a >>reason, but if so then this would be "trying to catch a falling knife" >>and likely better to let it fall. If this was absolutely and strictly >>profit taking, then I might consider it more like a failed breakout, >>and watch to see if it settles back into the prior $19 base. If so, >>then once it settles down there and bases for a week or two, might be >>worth a shot if positive volume comes in. >> >>My comments are strictly my own opinion, and should not be considered >>as a buy/sell/hold recommendation. I am a former broker and an active >>investor. >>Tom W >> >>-----Original Message----- >>From: hoseco7@concentric.net >>To: canslim@lists.xmission.com >>Date: Sunday, April 05, 1998 8:46 AM >>Subject: [CANSLIM] newbie questions rwave mini >> >> >>> >>>thanks for the answers I got in on mini last week at 10 1/4 >>>and I am gonna pass on rwave >>> >>>also thanks for the corrections on the terminolgy I used >>>I am still learning >>> >>>by the way any thoughts on bunz >>>I have tried to use the canslim formula on it but I am not sure I >>did it >>>right >>> >>> thanks david >>> >>> >>>- >>> >> >> >>- >> >> > > >- > > - - ------------------------------ Date: Tue, 07 Apr 1998 09:01:29 -0400 From: "J. O'Malley" Subject: [CANSLIM] ffgi Any thoughts on Forefront Group (ffgi)? The company announced that it is to be acquired by CBT (March 17). EPS 75 RS 99 A/C A Thanks....Again, Jerry O' Philadelphia, PA - - ------------------------------ Date: Tue, 07 Apr 1998 13:38:59 GMT From: musicant@autobahn.org (Dan Musicant) Subject: Re: [CANSLIM] Breakout DLJ On Tue, 07 Apr 1998 11:45:08 +0000, you wrote: :DLJ had a strong out today. Numbers look pretty good. : :Peter Christiansen=20 :Chiang Mai - Thailand=20 : Peter, all: =46rom what I saw, all the banks had a breakout day. I could barely believe my eyes when I saw my CCI (I track it...actually tried shorting it when the Big Banks were downtrending...what a mistake!). Any bets on where the banks (& big banks) are heading? Anyone? Dan - - ------------------------------ Date: Tue, 7 Apr 1998 06:50:56 -0800 From: "Patrick Wahl" Subject: Re: [CANSLIM] BUNZ atten Tom > From: > To: > god you were so right on this one > I lost my you know what on this one today > I am down about 35% already > you think I should go ahead and dump it > it seems to have bottomed out > but some sort of news is expected this aft. > apparently some people knew inadvance I've been in this position myself with a stock unfortunately and I think the best thing to do is bail out and look for the next stock. Given the news that was reported on this one, I think investor confidence will be shaken, and at best it will mark time for several months before it makes any sort of recovery. I don't think there was any way to see this one coming. I mentioned this stock on this list a few weeks ago, thought it looked pretty good. - - ------------------------------ Date: Tue, 07 Apr 1998 07:00:30 -0700 From: Tim Fisher Subject: [CANSLIM] Clearstation Anyone else get an email about this supposedly free "beta" product? Is it for real? Did they get our names from the membership of this list? I hate junk email with a passion and although this looks like a good thing on the surface I am naturally extremely suspect of spam mail. Tim Fisher, 1995 President, Pacific Fishery Biologists Ore-ROCK-On Rockhounding Web Site PFB Information tfish@spiritone.com WWW http://www.spiritone.com/~tfish -- See naked fish and rocks! - - ------------------------------ Date: Tue, 7 Apr 1998 10:47:53 EDT From: DCSquires Subject: [CANSLIM] Re: Bears at 5 year low Hi All! IBD has been highlighting the new five year low in bearish advisors. This seems to be an important development as this extreme low in bears has occured only once since 1987. In 1992 bearish advisors crossed the 20% line for about a week and the market went sideways for 8 months. By no means am I saying this is a sell signal just a reason to look at the charts even more closely. During the eighties the bearish advisors dropped into the mid-teens four times. DSquires - - ------------------------------ Date: Mon, 06 Apr 1998 12:24:23 -0400 From: Ari Lawson Subject: Re: [CANSLIM] aace ace cash express added to canslim picks! How are you Tom? I have a queston.Don't you need to campare any given "Q" with the same "Q" as last year? THANKS - - ------------------------------ Date: Tue, 7 Apr 1998 08:28:50 -0700 (PDT) From: dbphoenix Subject: [CANSLIM] Re: Paul Gilberti Paul Gilberti wrote: > > Hi, > > I just joined this list and am new to CANSLIM investing. I've been > reading and cramming over the past few months and like using fundamentals to > screen, followed by technical charting. > > Lately I've been reviewing a number of software products. Anyone have any > strong > recommendations for end of day trading screening/charting software, as well > as data services ? > Any and all opinions will be read and considered..... > Tradestation > SuperCharts 4 > Windows on WallStreet > MetaStock > Dial Data > I'm also a Visual Basic programmer and have been designing software > to process and graph stock data, so I've been using this method to > understand the technical/math side of charting. I won't quote Dan's fine response due to its length. I use WOWS and you've probably figured out by now that it does pretty much what all Dan's programs do only in one program. The data provider is DialData. There are only two programs which provide extensive fundamental screening--Telescan and WOWS. With WOWS, however, you can write your own formulas and scans, which levels the playing field in terms of Telescan's scanning capabilities. You can get WOWS Pro Investor for $199 if you're not too sticky about telling the truth. The DialData feed you'll most likely use will cost $35/mo. Many people put together a quilt of programs and services, but it seems unnecessary to me. - --Db _________________________________________________________ DO YOU YAHOO!? Get your free @yahoo.com address at http://mail.yahoo.com - - ------------------------------ Date: Tue, 7 Apr 1998 11:42:41 -0400 From: Paul Gilberti Subject: RE: [CANSLIM] Range Expansion Dan, Thanks for taking the time to send me that long message. It told me that I was on the right track about what I've done so far. I would like to be able to screen for fundamentals using my own criteria (CANSLIM, growth, etc), and then chart them using moving averages, stochastics, etc. I hope to find a service that will provide the fundamentals timely and cheaply, both to avoid the online cost and to have them in a database to manipulate on my PC. Dial Data now supplies an initial CD with fundamental/price history for the past 25 years that both Windows on Wallstreet and Supercharts can read, and then provides weekly updates. ($19-$35 per month) I haven't checked into Telescan yet. How many hours a month do you spend screening with Telescan ? In order words, how expensive does it get (per month) ? How fast is the screening ? I've also ordered demos (full versions with 30 days money back) of SuperCharts4 and Windows on WallStreet. I plan to call Dial Data in the morning to see what fundamentals are available on their CD. Thanks again, ---------- From: Dan Sutton[SMTP:dsutton1@cris.com] Reply To: canslim@lists.xmission.com Sent: Sunday, April 05, 1998 11:49 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] Range Expansion Paul, Almost every piece of software has it's own distinct advantages. You need to determine exactly what you want from the program before you start comparing. I use TC2000 for nightly downloads of stock prices for securities that I have determined are on my watch list. Quotes for 60 stocks cost about 30 cents per day. You can't do a screen of all stocks with TC2000, unless you have already purchased at least a year's history on each stock. One years history is 39 cents per stock. TC2000 costs $29 for the software. After downloading the prices I have Supercharts scan them for any purchase criteria or customized systems I want to test for. Supercharts is an outstanding tool and has many features which can be customized. Software cost for Supercharts is about $299 I think. I have an older version so not sure what the curent price is. For a stock to be put on my watch list, it has to pass several tests or meet certain fundamental criteria. TC200 can not search for fundamental, neither can my version of Supercharts...so I use TELESCAN for finding potential candidates. TELECAN is expensive but probably the strongest, most customizable search tool available. Software cost is about $200 but they have special deals throughout the year. There are something like 200 separate criteria you can screen for (up to 40 per defined screen). This costs about $30 per month for 1 hour of online time. Additional hours are $9.95 per , and there are also different access plans available that can include mutual funds and options. Supercharts will also download directly from TELESCAN and you can then utilize some fundamental data in Supercharts as well. I run nightly screens for Stocks paying high historical dividends, one for CANSLIM criteria, one for high growth stocks, one for stocks within a 6% band of all moving averages, and a couple other test scans. I also use MS ACCESS to plug selected nightly TELESCAN downloads into, when a stock starts to exhibit movement over a period of time, I will download a couple of years history in TC2000, then run some tests on it with Supercharts.I also like to plug the nightly scans into EXCEL and run a couple of formulas on all the stocks to see how they grade out. I know all this sounds clunky and disjointed, but I can get tremendous information and analysis on the whole market, as well as my watch list within 30 minutes of walking in the door. - - - ------------------------------ Date: Tue, 7 Apr 1998 11:48:47 -0400 From: Paul Gilberti Subject: RE: [CANSLIM] Re: Paul Gilberti Dial's prices are: Price info for 6 month history - $16.99 per month 16.99 2 years - $25.00 per month Unlimited - $30.00 per month Fundamentals Plus - $20.00 per month 20.00 -------- $36.99 per month Okay Db, >>>You can get WOWS Pro Investor for $199 if you're not too sticky about telling the truth. Okay, what did I miss? They list for $299.95. ---------- From: dbphoenix[SMTP:dbphoenix@yahoo.com] Reply To: canslim@lists.xmission.com Sent: Tuesday, April 07, 1998 11:28 AM To: canslim@lists.xmission.com Subject: [CANSLIM] Re: Paul Gilberti Paul Gilberti wrote: > > Hi, > > I just joined this list and am new to CANSLIM investing. I've been > reading and cramming over the past few months and like using fundamentals to > screen, followed by technical charting. > > Lately I've been reviewing a number of software products. Anyone have any > strong > recommendations for end of day trading screening/charting software, as well > as data services ? > Any and all opinions will be read and considered..... > Tradestation > SuperCharts 4 > Windows on WallStreet > MetaStock > Dial Data > I'm also a Visual Basic programmer and have been designing software > to process and graph stock data, so I've been using this method to > understand the technical/math side of charting. I won't quote Dan's fine response due to its length. I use WOWS and you've probably figured out by now that it does pretty much what all Dan's programs do only in one program. The data provider is DialData. There are only two programs which provide extensive fundamental screening--Telescan and WOWS. With WOWS, however, you can write your own formulas and scans, which levels the playing field in terms of Telescan's scanning capabilities. You can get WOWS Pro Investor for $199 if you're not too sticky about telling the truth. The DialData feed you'll most likely use will cost $35/mo. Many people put together a quilt of programs and services, but it seems unnecessary to me. --Db _________________________________________________________ DO YOU YAHOO!? Get your free @yahoo.com address at http://mail.yahoo.com - - - ------------------------------ Date: Mon, 06 Apr 1998 12:24:23 -0400 From: Ari Lawson Subject: Re: [CANSLIM] aace ace cash express added to canslim picks! How are you Tom? I have a queston.Don't you need to campare any given "Q" with the same "Q" as last year? THANKS - - ------------------------------ Date: Tue, 07 Apr 1998 10:58:13 PDT From: "Charles Morgan" Subject: Re: [CANSLIM] Re: Bears at 5 year low DC You are right that this might not be a sell signal, but the overall market is moving sideways(last week and this week). DOW 9000 might be a little harder to overcome then most people thought. Chuck >From: DCSquires >Date: Tue, 7 Apr 1998 10:47:53 EDT >To: canslim@lists.xmission.com >Subject: [CANSLIM] Re: Bears at 5 year low >Reply-To: canslim@lists.xmission.com > >Hi All! > >IBD has been highlighting the new five year low in bearish advisors. This >seems to be an important development as this extreme low in bears has occured >only once since 1987. In 1992 bearish advisors crossed the 20% line for about >a week and the market went sideways for 8 months. By no means am I saying this >is a sell signal just a reason to look at the charts even more closely. During >the eighties the bearish advisors dropped into the mid-teens four times. > >DSquires > > >- > > ______________________________________________________ Get Your Private, Free Email at http://www.hotmail.com - - ------------------------------ Date: Tue, 7 Apr 1998 16:57:40 -0400 (EDT) From: Deepak Kapur Subject: [CANSLIM] PGEX What is happening to PGEX? It went down big today. It has been quite volatile over the last 2-3 days. Is it time to bail out? Thanks, Deepak - - ------------------------------ Date: Tue, 7 Apr 1998 14:24:48 -0700 (PDT) From: Anindo Majumdar Subject: Re: [CANSLIM] PGEX NASDAQ was down 30 points today. Almost every stock went down. I wouldn't consider today's action as something specific to PGEX. Anindo > > What is happening to PGEX? It went down big today. It has been > quite volatile over the last 2-3 days. Is it time to bail out? > > Thanks, > > Deepak > > - > > - - ------------------------------ Date: Tue, 7 Apr 1998 18:07:48 EDT From: JANSI1AUG1 Subject: [CANSLIM] Re. Tom's Questions Tom, It's nice to be able to (hopefully) help you out after all the questions I've asked of you. I use AOL, and they just refurbished the market-digest site. They say now that it's better, but some info (like number of hi's and lo's) has been discontinued. (It's the typical 90's definition of progress: Anything that's new is better-even if it's worse). Anyway here is what I have for the types of scans that you asked for on individual stocks. I've thrown in a couple others because I believe they'd come in handy and be useful. http://www.bigcharts.com/ie/3.x/ http://scan.iqc.com/pcquote/default.exe http://www.rapidresearch.com/advanced.asp jans - - ------------------------------ Date: Tue, 7 Apr 1998 16:27:11 -0700 From: Mike Lucero Subject: RE: [CANSLIM] PGEX I held because it long-term support seemed to be holding. Mike On Tuesday, April 07, 1998 1:58 PM, Deepak Kapur [SMTP:kapur@cs.albany.edu] wrote: > What is happening to PGEX? It went down big today. It has been > quite volatile over the last 2-3 days. Is it time to bail out? > > Thanks, > > Deepak > > - > - - ------------------------------ Date: Tue, 7 Apr 1998 16:29:17 -0700 From: Mike Lucero Subject: [CANSLIM] ouch! That hurt. Mike - - ------------------------------ Date: Tue, 7 Apr 1998 16:54:16 -0700 From: Mike Lucero Subject: RE: [CANSLIM] hard stops (was BUNZ atten Tom) Do you think that hard stops are the cause of these free falls? You can almost predict that a stock will free fall if it breaks a nearby low, trendline, or moving average. Does that mean one should have his stop in there, too? Because I don't like that game, I (probably foolishly) haven't been using hard stops for a while, and instead manually decide if I should sell at the end of the day. The benefit of this is not getting stopped out on bear raids, but at the cost of additional loss if the stock doesn't recover. Mike On Tuesday, April 07, 1998 5:14 AM, Tom Worley [SMTP:stkguru@netside.net] wrote: > Looking at the DG chart, tho, it appears this gapped down slightly on > Monday, then went into a free fall. This may have been a good example > of the value of hard stop loss orders. - - ------------------------------ Date: Wed, 08 Apr 1998 08:21:09 +0800 From: Robert Acker Subject: [CANSLIM] Daily graphs Online reajr5@gte.net 30 trades per year $ 100.00 I already get IDB newspaper and Daily graphs along with several other online services so my budget is strained .I would like to see long term data and screening capabilities built into Daily graphs along with more of the information occasionally published in IDB newspaper ; like a list of stocks and their fundamentals for leading industry groups ,news stories on stocks from past issues ,long term fundamentals , positions institutions have in the stock ... - - ------------------------------ Date: Tue, 07 Apr 1998 18:00:23 -0700 From: Kom Tukovinit Subject: Re: [CANSLIM] PGEX Hi Mike, What do you view as the support level for PGEX? Thanks. kom Mike Lucero wrote: > I held because it long-term support seemed to be holding. > > Mike > > On Tuesday, April 07, 1998 1:58 PM, Deepak Kapur [SMTP:kapur@cs.albany.edu] wrote: > > What is happening to PGEX? It went down big today. It has been > > quite volatile over the last 2-3 days. Is it time to bail out? > > > > Thanks, > > > > Deepak > > > > - > > > > - - - ------------------------------ Date: Tue, 07 Apr 1998 21:17:51 -0500 From: Dave Cameron Subject: Re: [CANSLIM] Clearstation Tim, I haven't seen anyone else respond to this - but I received the offer as well. Dave Cameron Tim Fisher wrote: > > Anyone else get an email about this supposedly free "beta" product? Is it > for real? Did they get our names from the membership of this list? I hate > junk email with a passion and although this looks like a good thing on the > surface I am naturally extremely suspect of spam mail. > > Tim Fisher, 1995 President, Pacific Fishery Biologists > Ore-ROCK-On Rockhounding Web Site > PFB Information > tfish@spiritone.com > WWW http://www.spiritone.com/~tfish -- See naked fish and rocks! > > - - - ------------------------------ Date: Tue, 07 Apr 1998 19:54:38 PDT From: "richard mandel" Subject: [CANSLIM] Content-Type: text/plain Hi CANSLIMers, Just an update for us. We now have 75 people who are interested in subscribing to Daily Graphs Onbline for $100 or less, and half that number who are willing to pay $200. We would certainly need a larger number of possible subscribers if we hope to get a group rate. If you have not yet expressed your opinion please reply at this address: headcount@hotmail.com and answer the following questions: 1. e-mail address 2. number of trades a year 3. subscribe at $100? 4. subscribe at $200? 5. subscribe at $300? 6. subscribe at $400? 7. any other comments or ideas. So far from the numbers, it seems that the best option we have is to offer them advertising on the CANSLIM discussion group. Jeff Salisbury, if you read this message, could you comment on the feasibility of such a proposal. I will update us again next week. Send in those replies. Vote early and often. Ciao, Rich ______________________________________________________ Get Your Private, Free Email at http://www.hotmail.com - - ------------------------------ Date: Tue, 7 Apr 1998 17:28:33 -1000 From: "frank swenson" Subject: Re: [CANSLIM] Content-Type: text/plain Maybe it might be more appropriate to contact DG and ask how many paying subscribers from the group they would require for us to get the discount. (or if they are willing to do it all). That way we would either have a goal to shoot for or if they are not interested at any level we would move on to other alternatives. Just a suggestion. Frank - -----Original Message----- From: richard mandel To: canslim@lists.xmission.com Date: Tuesday, April 07, 1998 4:57 PM Subject: [CANSLIM] Content-Type: text/plain >Hi CANSLIMers, > >Just an update for us. We now have 75 people who are interested in >subscribing to Daily Graphs Onbline for $100 or less, and half that >number who are willing to pay $200. We would certainly need a larger >number of possible subscribers if we hope to get a group rate. If you >have not yet expressed your opinion please reply at this address: > >headcount@hotmail.com > >and answer the following questions: > >1. e-mail address >2. number of trades a year >3. subscribe at $100? >4. subscribe at $200? >5. subscribe at $300? >6. subscribe at $400? >7. any other comments or ideas. > >So far from the numbers, it seems that the best option we have is to >offer them advertising on the CANSLIM discussion group. Jeff Salisbury, >if you read this message, could you comment on the feasibility of such a >proposal. > >I will update us again next week. Send in those replies. Vote early >and often. > >Ciao, >Rich > >______________________________________________________ >Get Your Private, Free Email at http://www.hotmail.com > >- > > - - ------------------------------ End of canslim-digest V2 #180 ***************************** 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.