From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #2160 Reply-To: canslim Sender: owner-canslim-digest@lists.xmission.com Errors-To: owner-canslim-digest@lists.xmission.com Precedence: bulk Content-Transfer-Encoding: quoted-printable X-No-Archive: yes canslim-digest Sunday, February 24 2002 Volume 02 : Number 2160 In this issue: Re: [CANSLIM] Date: Sun, 24 Feb 2002 15:11:27 -0500 Re: [CANSLIM] Date: Sun, 24 Feb 2002 15:11:27 -0500 Re: [CANSLIM] Date: Sun, 24 Feb 2002 15:11:27 -0500 ---------------------------------------------------------------------- Date: Sun, 24 Feb 2002 18:10:41 -0600 From: "Katherine Malm" Subject: Re: [CANSLIM] Date: Sun, 24 Feb 2002 15:11:27 -0500 This is a multi-part message in MIME format. - ------=_NextPart_000_006F_01C1BD5E.91A88340 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi Duke, I believe that what you are suggesting is something that already goes on = quite frequently on the list. That is, people share their read on a = stock from both fundamental and technical perspectives. These "examples" = as you call them are instructive and I agree with you on that count. I = have 3 binders full of "lessons" that I've acquired over the years from = others, from my own observations/successes/failures, from the IBD, from = 2 of the advanced IBD seminars and from this list. But I still won't = submit a stock and say "you should buy this because xyz." While I am = looking to enter a trade or while I am in the trade I really don't want = to attract *more* eyes to the stock. I would prefer that we accomplish = what you are suggesting by doing post analysis instead. And honestly, = why should I submit the conclusions of all my hard work in stock = selection so that others (especially non-contributors) can make money? = I'll gladly share knowledge and take on a debate so as to learn = something, but I won't share stock picks. I'm sure there are others who = feel the same but are less willing to admit it publicly. Katherine ----- Original Message -----=20 From: Duke Miller=20 To: canslim@lists.xmission.com=20 Sent: Sunday, February 24, 2002 5:50 PM Subject: RE: [CANSLIM] Date: Sun, 24 Feb 2002 15:11:27 -0500 Katherine: I understand TOTALLY your opinion; I joined this list for many of the = same reasons you did. =20 But...your rationale for joining this list only SUPPORTS my concept. = What better way to become adept and expand your horizons regarding = CANSLIM than with real life, actual examples, I.e., our LIMITED = submissions of potential CANSLIM stocks (not "stock picks") for the = Mother List? =20 Have you been to a CANSLIM seminar? I don't know about you, but 90% = of my takeaway is in the form of actual charts illustrating real life = situations with notes as to the discussions. I see a lot of that in the = Mother list: Forcing "members" to justify their picks before they make = this list has immense educational potential. In other words, don't tell = us you think this is a good pick....tell us WHY! So, my intent is NOT to have the concept become a list of stock picks. = Rather, a list of stocks that students of CANSLIM are dxxn near willing = to fight for; stocks they don't want to see removed from the list for = this reason or that; stocks they (and all others) can potentially make = money on. My wording about "CANSLIM this and CANSLIM that" was poorly = chosen. I didn't mean to imply boredom. But if all that CANSLIM this = and CANSLIM that is backed up by actual real life, this is my money = examples....won't it mean more? (Not to beat a dead horse, but did you see in the Sunday WSJ that = Southwest Airlines is going to change their system. No more colored = boarding cards. Even they are looking at the world a bit differently.) Debate on! Duke -----Original Message----- From: owner-canslim@lists.xmission.com = [mailto:owner-canslim@lists.xmission.com]On Behalf Of Katherine Malm Sent: Sunday, February 24, 2002 6:20 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] Date: Sun, 24 Feb 2002 15:11:27 -0500 Hi Duke, I've been mulling over your "mother of all lists" idea all day. I = understand your desire to share "collective wisdom" regarding stock = picks, but I don't agree with it, for the same reason you listed in your = comment (b). Even more so, however, when I was reviewing archives in = many communities in order to decide which list to join, one of the = things I looked for was a community that hadn't reduced discussion of = CANSLIM down to endless stock "picks" but instead a discussion of the = underlying principles that make CANSLIM tick; processes for finding and = evaluating stocks; clarifications of investing concepts; and practice in = the interpretation of technicals, fundamentals, market health and = CANSLIM guidelines. While some may argue that such discussion makes = CANSLIM overly complex, I think this is precisely what makes this a = community that helps to build knowledgeable CANSLIMers. In my mind, it = is the exchange of ideas and viewpoints, not stock picks, which creates = value. Southwest Airlines has had many copycat competitors over the years, = attracted to the business by the notion that following Southwest's = "simple" approach to flying was easy and repeatable. All of the early = copycats' businesses failed because they did not understand the most = important part of Southwest's strategy, i.e., that many dedicated people = work exceptionally hard and utilize a complex systematic approach to = doing business that *appears* to be simple to the customers who fly with = them. Katherine ----- Original Message -----=20 From: Duke Miller=20 To: Canslim@Lists. Xmission. Com=20 Sent: Sunday, February 24, 2002 2:12 PM Subject: [CANSLIM] Date: Sun, 24 Feb 2002 15:11:27 -0500 Being new to this list, I'd like to share a few observations and = proffer a what-if. a) Working through this market, tugging constantly with my buy = checklist, it helps to have company that's a) knowledgeable, b) successful = (or committed to striving for it), and c) CERTAINLY unbiased! b) The debate herein over the merits of CANSLIM-this and/or = CANSLIM-that is unending (as it should be). The arguments haven't changed since = the concept was developed. NO matter how hard we try to stay between the = lines, we each have our own variation(s), don't we? c) It seems we're all watch-listing and waiting, ever confident = the market's going to eventually break out ONLY when it's ready to. I = agree with Katherine, that we can certainly "mine" some winners these days. = I've got two that are showing promise, buy a dozen more I've been = "whipsawed" out of. (One thing WON taught me is not to "hide" from my blunders, rather = study and learn from them. I still hate doing that!) I think you'll all agree, trying to unearth the one stock in four = that doesn't shake us out unmercifully in this market we're in is not = fun. So here's a what if from the glistening Gulf shores of Anna Maria = Island: Is it conceivable we might better devote our time to channeling our = collective energies toward building "all-star" watch list? One that, when = the M does turn, we can be ready in the wings? Forgive me if the thought isn't totally developed yet (or original = to this group), but what if...those interested "sign up" to each = "nominate" one, two, or three personal-favorite watch stocks. Ones you'd buy for = your own mother! (The "mother" of all lists???) And we take that list, = follow its contents' progress together and, on-going, "debate" the merits of = each "nomination," old or new. Just today we got lists from Tim and John; I wonder which three = from each list they'd nominate for the Mother List? IMHO, this: a) would help us expand and refine our own lists; b) = steepen our CANSLIM learning curves via the debates; c) benefit all of us when = the tide(s) turn; and c), would be a source for a little fun (while we = wait for M)! If there's enough interest, I'll be glad to suggest a nomination = checklist which we can improvise as we go along, etc, etc, etc. So what do = you think? A final note: I'm out of town until Thursday, but will be = monitoring as best I can from my remote hotmail account, iffy at best. Worst = case scenario, I'll compile a wrap-up of your input by week's end. Duke - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. - ------=_NextPart_000_006F_01C1BD5E.91A88340 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Hi Duke,
 
I believe that what you are suggesting is something that already = goes on=20 quite frequently on the list. That is, people share their read on a = stock from=20 both fundamental and technical perspectives. These "examples" as you = call them=20 are instructive and I agree with you on that count. I have 3 binders = full of=20 "lessons" that I've acquired over the years from others, from my own=20 observations/successes/failures, from the IBD, from 2 of the advanced = IBD=20 seminars and from this list. But I still won't submit a stock and say = "you=20 should buy this because xyz." While I am looking to enter a trade or = while I am=20 in the trade I really don't want to attract *more* eyes to the stock. I = would=20 prefer that we accomplish what you are suggesting by doing post analysis = instead. And honestly, why should I submit the conclusions of all my = hard work=20 in stock selection so that others (especially non-contributors) can = make=20 money? I'll gladly share knowledge and take on a debate so as to=20 learn something,  but I won't share stock picks. I'm = sure=20 there are others who feel the same but are less willing to admit it=20 publicly.
 
Katherine
----- Original Message -----
From:=20 Duke=20 Miller
To: canslim@lists.xmission.com=
Sent: Sunday, February 24, 2002 = 5:50=20 PM
Subject: RE: [CANSLIM] Date: = Sun, 24 Feb=20 2002 15:11:27 -0500

Katherine:
 
I understand = TOTALLY your=20 opinion; I joined this list for many of the same reasons you = did. =20
 
But...your = rationale for=20 joining this list only SUPPORTS my concept.  What better way = to=20 become adept and expand your horizons regarding CANSLIM than with real = life,=20 actual examples, I.e., our LIMITED submissions of potential CANSLIM = stocks=20 (not "stock picks") for the Mother List?  =
 
Have you been = to a=20 CANSLIM seminar?   I don't know about you, but 90% of my = takeaway is=20 in the form of actual charts illustrating real life situations with = notes as=20 to the discussions.  I see a lot of that in the Mother = list: =20 Forcing "members" to justify their picks before they make this list = has=20 immense educational potential.  In other words, don't tell us you = think=20 this is a good pick....tell us WHY!
 
So, my intent = is NOT to=20 have the concept become a list of stock picks.  Rather, a list of = stocks=20 that students of CANSLIM are dxxn near willing to fight for; stocks = they don't=20 want to see removed from the list for this reason or that; stocks they = (and=20 all others) can potentially make money on.  My wording about = "CANSLIM=20 this and CANSLIM that" was poorly chosen.  I didn't mean to imply = boredom.  But if all that CANSLIM this and CANSLIM that is backed = up by=20 actual real life, this is my money examples....won't it mean=20 more?
 
(Not to beat = a dead=20 horse, but did you see in the Sunday WSJ that Southwest = Airlines is going=20 to change their system.  No more colored boarding cards.  = Even they=20 are looking at the world a bit differently.)
 
Debate=20 on!
 
Duke
-----Original Message-----
From:=20 owner-canslim@lists.xmission.com=20 [mailto:owner-canslim@lists.xmission.com]On Behalf Of = Katherine=20 Malm
Sent: Sunday, February 24, 2002 6:20 PM
To: = canslim@lists.xmission.com
Subject: Re: [CANSLIM] Date: = Sun, 24=20 Feb 2002 15:11:27 -0500

Hi Duke,
 
I've been mulling over your "mother of all lists" idea all day. = I=20 understand your desire to share "collective wisdom" regarding stock = picks,=20 but I don't agree with it, for the same reason you listed in your = comment=20 (b). Even more so, however, when I was reviewing archives in many=20 communities in order to decide which list to join, one of the things = I=20 looked for was a community that hadn't reduced discussion of CANSLIM = down to=20 endless stock "picks" but instead a discussion of the underlying = principles=20 that make CANSLIM tick; processes for finding and evaluating stocks; = clarifications of investing concepts; and practice in the=20 interpretation of technicals, fundamentals, market health and = CANSLIM=20 guidelines. While some may argue that such discussion makes CANSLIM = overly=20 complex, I think this is precisely what makes this a community that = helps to=20 build knowledgeable CANSLIMers. In my mind, it is the exchange of = ideas and=20 viewpoints, not stock picks, which creates value.
 
Southwest Airlines has had many copycat competitors over the = years,=20 attracted to the business by the notion that following Southwest's = "simple"=20 approach to flying was easy and repeatable. All of the early = copycats'=20 businesses failed because they did not understand the most important = part of=20 Southwest's strategy, i.e., that many dedicated people work = exceptionally=20 hard and utilize a complex systematic approach to doing business = that=20 *appears* to be simple to the customers who fly with them.
 
Katherine
 
----- Original Message -----
From:=20 Duke Miller
To: Canslim@Lists. = Xmission.=20 Com
Sent: Sunday, February 24, = 2002 2:12=20 PM
Subject: [CANSLIM] Date: = Sun, 24 Feb=20 2002 15:11:27 -0500

Being new to this list, I'd like to share a few=20 observations and proffer a
what-if.

a)  Working = through=20 this market, tugging constantly with my buy checklist,
it helps = to have=20 company that's a) knowledgeable, b) successful (or
committed to = striving for it), and c) CERTAINLY unbiased!

b)  The = debate=20 herein over the merits of CANSLIM-this and/or CANSLIM-that = is
unending=20 (as it should be).  The arguments haven't changed since the=20 concept
was developed.  NO matter how hard we try to stay = between=20 the lines, we each
have our own variation(s), don't = we?

c) =20 It seems we're all watch-listing and waiting, ever confident=20 the
market's going to eventually break out ONLY when it's ready = to. I=20 agree with
Katherine, that we can certainly "mine" some winners = these=20 days.  I've got
two that are showing promise, buy a dozen = more=20 I've been "whipsawed" out of.
(One thing WON taught me is not = to "hide"=20 from my blunders, rather study and
learn from them.  I = still hate=20 doing that!)

I think you'll all agree, trying to unearth = the one=20 stock in four that
doesn't shake us out unmercifully in this = market=20 we're in is not fun.  So
here's a  what if from the=20 glistening Gulf shores of Anna Maria Island:  Is
it = conceivable we=20 might better devote our time to channeling our = collective
energies=20 toward building "all-star" watch list?  One that, when the M=20 does
turn, we can be ready in the wings?

Forgive me if = the=20 thought isn't totally developed yet (or original to = this
group), but=20 what if...those interested "sign up" to each "nominate" = one,
two, or=20 three personal-favorite watch stocks.  Ones you'd buy for = your=20 own
mother! (The "mother" of all lists???)   And we = take that=20 list, follow its
contents' progress together and, on-going, = "debate"=20 the merits of each
"nomination," old or new.

Just today = we got=20 lists from Tim and John;  I wonder which three from = each
list=20 they'd nominate for the Mother List?

IMHO, this: a) would = help us=20 expand and refine our own lists; b) steepen our
CANSLIM = learning curves=20 via the debates; c) benefit all of us when the
tide(s) turn; = and c),=20 would be a source for a little fun (while we wait = for
M)!

If=20 there's enough interest, I'll be glad to suggest a nomination=20 checklist
which we can improvise as we go along, etc, etc, = etc. =20 So what do you think?

A final note:  I'm out of town = until=20 Thursday, but will be monitoring as
best I can from my remote = hotmail=20 account, iffy at best.  Worst case
scenario, I'll compile = a=20 wrap-up of your input by week's=20 end.

Duke





-
-To = subscribe/unsubscribe,=20 email "majordomo@xmission.com"
-In= =20 the email body, write "subscribe canslim" or
-"unsubscribe=20 canslim".  Do not use quotes in your=20 email.
- ------=_NextPart_000_006F_01C1BD5E.91A88340-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Sun, 24 Feb 2002 20:50:45 -0500 From: "Dan Forant" Subject: Re: [CANSLIM] Date: Sun, 24 Feb 2002 15:11:27 -0500 Hey Duke, I like the name pardner, good luck getting this off the ground. Many good ideas never get past the discussion stage. Democracy as we know it, without a President would never be. Let us know when your ready, hopefully before I grow a long beard. DanF - ----- Original Message ----- From: "Duke Miller" To: Sent: Sunday, February 24, 2002 6:24 PM Subject: RE: [CANSLIM] Date: Sun, 24 Feb 2002 15:11:27 -0500 > I haven't left town yet, and wish to respond to the early replies. > > Because it hasn't been tried or has been tried and not work...phooey! As for > your varying styles and areas of concentration...so what? The more and the > more varied the merrier. I don't care what color your preferences are, as > long as the go up when they're supposed to and make money, they're all GREEN > to me! > > I'll put my effort where my what-if is (Got nothing else to do while waiting > for M, do we?): I will administer this to get it up and running. My vision > is everyone submits their favorites; you all suggest a number of > submissions, I'll average them and pass it on; if we want five and you have > only two, send them anyway; then I'll compile them on a spreadsheet of some > sort with the appropriate criteria (that we agree on). > > So, have at it with your opinions. I'll be watching from my remote Hotmail > account while away. Then you'll be hearing from me. Oh yes, and have FUN! > > Duke > > > -----Original Message----- > > From: owner-canslim@lists.xmission.com > > [mailto:owner-canslim@lists.xmission.com]On Behalf Of Tom Worley > > Sent: Sunday, February 24, 2002 5:59 PM > > To: canslim@lists.xmission.com > > Subject: Re: [CANSLIM] Date: Sun, 24 Feb 2002 15:11:27 -0500 > > > > > > I think the best test would be if you could get every one of the 450 or so > > members to contribute their top five stocks (excluding ones they > > simply got > > here). Then rank order the list by frequency of mention. Then get a few > > dedicated people to do full, in depth, due diligence and post the results > > for discussion. > > > > If only 10 or 20 people participate, the results can be heavily skewed by > > one individual's bias or preference. > > > > Tom Worley > > stkguru@netside.net > > AIM: TexWorley > > ----- Original Message ----- > > From: "Dan Forant" > > To: > > Sent: Sunday, February 24, 2002 5:51 PM > > Subject: Re: [CANSLIM] Date: Sun, 24 Feb 2002 15:11:27 -0500 > > > > > > > But........maybe some of the rest of us can learn from it and > > tailor it to > > > our needs. It has been suggested, but tried?? > > > > > > ----- Original Message ----- > > > From: "Tom Worley" > > > To: > > > Sent: Sunday, February 24, 2002 5:23 PM > > > Subject: Re: [CANSLIM] Date: Sun, 24 Feb 2002 15:11:27 -0500 > > > > > > > > > > Duke, > > > > > > > > While in theory a fine idea, has been suggested before in this group > > > without > > > > success. Primary reason is that we are all unique and individual > > > investors, > > > > and don't conform well to a single shopping list. I am certainly an > > > extreme > > > > example, posting a list in my weekly WWW, and rarely interested in any > > of > > > > them because I am only interested in small and micro cap stocks. > > > > > > > > Only another small cap investor would be interested in my > > favorites, and > > I > > > > don't share even with them as a rule. > > > > > > > > One of the strengths, even beauties, of CANSLIM is the > > ability to tailor > > > it > > > > to the individual's personal preferences and criteria. Takes > > experience > > > and > > > > time to learn to do this well, but for those that have accomplished > > this, > > > > they typically have little interest in someone else's list, as it does > > not > > > > match their criteria exactly. > > > > > > > > Tom Worley > > > > stkguru@netside.net > > > > AIM: TexWorley > > > > ----- Original Message ----- > > > > From: "Duke Miller" > > > > To: "Canslim@Lists. Xmission. Com" > > > > Sent: Sunday, February 24, 2002 3:12 PM > > > > Subject: [CANSLIM] Date: Sun, 24 Feb 2002 15:11:27 -0500 > > > > > > > > > > > > > Being new to this list, I'd like to share a few observations and > > proffer > > > a > > > > > what-if. > > > > > > > > > > a) Working through this market, tugging constantly with my buy > > > checklist, > > > > > it helps to have company that's a) knowledgeable, b) successful (or > > > > > committed to striving for it), and c) CERTAINLY unbiased! > > > > > > > > > > b) The debate herein over the merits of CANSLIM-this and/or > > > CANSLIM-that > > > > is > > > > > unending (as it should be). The arguments haven't changed since the > > > > concept > > > > > was developed. NO matter how hard we try to stay between the lines, > > we > > > > each > > > > > have our own variation(s), don't we? > > > > > > > > > > c) It seems we're all watch-listing and waiting, ever confident the > > > > > market's going to eventually break out ONLY when it's ready to. I > > agree > > > > with > > > > > Katherine, that we can certainly "mine" some winners these > > days. I've > > > got > > > > > two that are showing promise, buy a dozen more I've been "whipsawed" > > out > > > > of. > > > > > (One thing WON taught me is not to "hide" from my blunders, rather > > study > > > > and > > > > > learn from them. I still hate doing that!) > > > > > > > > > > I think you'll all agree, trying to unearth the one stock > > in four that > > > > > doesn't shake us out unmercifully in this market we're in > > is not fun. > > > So > > > > > here's a what if from the glistening Gulf shores of Anna Maria > > Island: > > > > Is > > > > > it conceivable we might better devote our time to channeling our > > > > collective > > > > > energies toward building "all-star" watch list? One that, > > when the M > > > does > > > > > turn, we can be ready in the wings? > > > > > > > > > > Forgive me if the thought isn't totally developed yet (or > > original to > > > this > > > > > group), but what if...those interested "sign up" to each "nominate" > > one, > > > > > two, or three personal-favorite watch stocks. Ones you'd > > buy for your > > > own > > > > > mother! (The "mother" of all lists???) And we take that > > list, follow > > > its > > > > > contents' progress together and, on-going, "debate" the > > merits of each > > > > > "nomination," old or new. > > > > > > > > > > Just today we got lists from Tim and John; I wonder which > > three from > > > each > > > > > list they'd nominate for the Mother List? > > > > > > > > > > IMHO, this: a) would help us expand and refine our own lists; b) > > steepen > > > > our > > > > > CANSLIM learning curves via the debates; c) benefit all of > > us when the > > > > > tide(s) turn; and c), would be a source for a little fun (while we > > wait > > > > for > > > > > M)! > > > > > > > > > > If there's enough interest, I'll be glad to suggest a nomination > > > checklist > > > > > which we can improvise as we go along, etc, etc, etc. So > > what do you > > > > think? > > > > > > > > > > A final note: I'm out of town until Thursday, but will be > > monitoring > > as > > > > > best I can from my remote hotmail account, iffy at best. Worst case > > > > > scenario, I'll compile a wrap-up of your input by week's end. > > > > > > > > > > Duke > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > - > > > > > -To subscribe/unsubscribe, email "majordomo@xmission.com" > > > > > -In the email body, write "subscribe canslim" or > > > > > -"unsubscribe canslim". Do not use quotes in your email. > > > > > > > > > > > > > > > > > > > > > > > > > > - > > > > -To subscribe/unsubscribe, email "majordomo@xmission.com" > > > > -In the email body, write "subscribe canslim" or > > > > -"unsubscribe canslim". Do not use quotes in your email. > > > > > > > > > > > > > - > > > -To subscribe/unsubscribe, email "majordomo@xmission.com" > > > -In the email body, write "subscribe canslim" or > > > -"unsubscribe canslim". Do not use quotes in your email. > > > > > > > > > > > > > > - > > -To subscribe/unsubscribe, email "majordomo@xmission.com" > > -In the email body, write "subscribe canslim" or > > -"unsubscribe canslim". Do not use quotes in your email. > > > > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Sun, 24 Feb 2002 20:57:56 -0500 From: "Dan Forant" Subject: Re: [CANSLIM] Date: Sun, 24 Feb 2002 15:11:27 -0500 This is a multi-part message in MIME format. - ------=_NextPart_000_00A0_01C1BD75.EF60B400 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Katherine, We'll just have to get a Court Order and have you hand over your = knowledge and stock picks. :-) From the politically correct, DanF ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Sunday, February 24, 2002 7:10 PM Subject: Re: [CANSLIM] Date: Sun, 24 Feb 2002 15:11:27 -0500 Hi Duke, I believe that what you are suggesting is something that already goes = on quite frequently on the list. That is, people share their read on a = stock from both fundamental and technical perspectives. These "examples" = as you call them are instructive and I agree with you on that count. I = have 3 binders full of "lessons" that I've acquired over the years from = others, from my own observations/successes/failures, from the IBD, from = 2 of the advanced IBD seminars and from this list. But I still won't = submit a stock and say "you should buy this because xyz." While I am = looking to enter a trade or while I am in the trade I really don't want = to attract *more* eyes to the stock. I would prefer that we accomplish = what you are suggesting by doing post analysis instead. And honestly, = why should I submit the conclusions of all my hard work in stock = selection so that others (especially non-contributors) can make money? = I'll gladly share knowledge and take on a debate so as to learn = something, but I won't share stock picks. I'm sure there are others who = feel the same but are less willing to admit it publicly. Katherine ----- Original Message -----=20 From: Duke Miller=20 To: canslim@lists.xmission.com=20 Sent: Sunday, February 24, 2002 5:50 PM Subject: RE: [CANSLIM] Date: Sun, 24 Feb 2002 15:11:27 -0500 Katherine: I understand TOTALLY your opinion; I joined this list for many of = the same reasons you did. =20 But...your rationale for joining this list only SUPPORTS my concept. = What better way to become adept and expand your horizons regarding = CANSLIM than with real life, actual examples, I.e., our LIMITED = submissions of potential CANSLIM stocks (not "stock picks") for the = Mother List? =20 Have you been to a CANSLIM seminar? I don't know about you, but = 90% of my takeaway is in the form of actual charts illustrating real = life situations with notes as to the discussions. I see a lot of that = in the Mother list: Forcing "members" to justify their picks before = they make this list has immense educational potential. In other words, = don't tell us you think this is a good pick....tell us WHY! So, my intent is NOT to have the concept become a list of stock = picks. Rather, a list of stocks that students of CANSLIM are dxxn near = willing to fight for; stocks they don't want to see removed from the = list for this reason or that; stocks they (and all others) can = potentially make money on. My wording about "CANSLIM this and CANSLIM = that" was poorly chosen. I didn't mean to imply boredom. But if all = that CANSLIM this and CANSLIM that is backed up by actual real life, = this is my money examples....won't it mean more? (Not to beat a dead horse, but did you see in the Sunday WSJ that = Southwest Airlines is going to change their system. No more colored = boarding cards. Even they are looking at the world a bit differently.) Debate on! Duke -----Original Message----- From: owner-canslim@lists.xmission.com = [mailto:owner-canslim@lists.xmission.com]On Behalf Of Katherine Malm Sent: Sunday, February 24, 2002 6:20 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] Date: Sun, 24 Feb 2002 15:11:27 -0500 Hi Duke, I've been mulling over your "mother of all lists" idea all day. I = understand your desire to share "collective wisdom" regarding stock = picks, but I don't agree with it, for the same reason you listed in your = comment (b). Even more so, however, when I was reviewing archives in = many communities in order to decide which list to join, one of the = things I looked for was a community that hadn't reduced discussion of = CANSLIM down to endless stock "picks" but instead a discussion of the = underlying principles that make CANSLIM tick; processes for finding and = evaluating stocks; clarifications of investing concepts; and practice in = the interpretation of technicals, fundamentals, market health and = CANSLIM guidelines. While some may argue that such discussion makes = CANSLIM overly complex, I think this is precisely what makes this a = community that helps to build knowledgeable CANSLIMers. In my mind, it = is the exchange of ideas and viewpoints, not stock picks, which creates = value. Southwest Airlines has had many copycat competitors over the = years, attracted to the business by the notion that following = Southwest's "simple" approach to flying was easy and repeatable. All of = the early copycats' businesses failed because they did not understand = the most important part of Southwest's strategy, i.e., that many = dedicated people work exceptionally hard and utilize a complex = systematic approach to doing business that *appears* to be simple to the = customers who fly with them. Katherine ----- Original Message -----=20 From: Duke Miller=20 To: Canslim@Lists. Xmission. Com=20 Sent: Sunday, February 24, 2002 2:12 PM Subject: [CANSLIM] Date: Sun, 24 Feb 2002 15:11:27 -0500 Being new to this list, I'd like to share a few observations and = proffer a what-if. a) Working through this market, tugging constantly with my buy = checklist, it helps to have company that's a) knowledgeable, b) successful = (or committed to striving for it), and c) CERTAINLY unbiased! b) The debate herein over the merits of CANSLIM-this and/or = CANSLIM-that is unending (as it should be). The arguments haven't changed since = the concept was developed. NO matter how hard we try to stay between the = lines, we each have our own variation(s), don't we? c) It seems we're all watch-listing and waiting, ever confident = the market's going to eventually break out ONLY when it's ready to. = I agree with Katherine, that we can certainly "mine" some winners these days. = I've got two that are showing promise, buy a dozen more I've been = "whipsawed" out of. (One thing WON taught me is not to "hide" from my blunders, = rather study and learn from them. I still hate doing that!) I think you'll all agree, trying to unearth the one stock in = four that doesn't shake us out unmercifully in this market we're in is not = fun. So here's a what if from the glistening Gulf shores of Anna Maria = Island: Is it conceivable we might better devote our time to channeling our = collective energies toward building "all-star" watch list? One that, when = the M does turn, we can be ready in the wings? Forgive me if the thought isn't totally developed yet (or = original to this group), but what if...those interested "sign up" to each = "nominate" one, two, or three personal-favorite watch stocks. Ones you'd buy = for your own mother! (The "mother" of all lists???) And we take that list, = follow its contents' progress together and, on-going, "debate" the merits = of each "nomination," old or new. Just today we got lists from Tim and John; I wonder which three = from each list they'd nominate for the Mother List? IMHO, this: a) would help us expand and refine our own lists; b) = steepen our CANSLIM learning curves via the debates; c) benefit all of us = when the tide(s) turn; and c), would be a source for a little fun (while = we wait for M)! If there's enough interest, I'll be glad to suggest a nomination = checklist which we can improvise as we go along, etc, etc, etc. So what = do you think? A final note: I'm out of town until Thursday, but will be = monitoring as best I can from my remote hotmail account, iffy at best. Worst = case scenario, I'll compile a wrap-up of your input by week's end. Duke - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. - ------=_NextPart_000_00A0_01C1BD75.EF60B400 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Katherine,
 
We'll just have to get a Court Order = and have you=20 hand over your knowledge and stock picks. :-)
 
From the politically = correct,
DanF
----- Original Message -----
From:=20 Katherine=20 Malm
Sent: Sunday, February 24, 2002 = 7:10=20 PM
Subject: Re: [CANSLIM] Date: = Sun, 24 Feb=20 2002 15:11:27 -0500

Hi Duke,
 
I believe that what you are suggesting is something that already = goes on=20 quite frequently on the list. That is, people share their read on a = stock from=20 both fundamental and technical perspectives. These "examples" as you = call them=20 are instructive and I agree with you on that count. I have 3 binders = full of=20 "lessons" that I've acquired over the years from others, from my own=20 observations/successes/failures, from the IBD, from 2 of the advanced = IBD=20 seminars and from this list. But I still won't submit a stock and say = "you=20 should buy this because xyz." While I am looking to enter a trade or = while I=20 am in the trade I really don't want to attract *more* eyes to the = stock. I=20 would prefer that we accomplish what you are suggesting by doing post = analysis=20 instead. And honestly, why should I submit the conclusions of all my = hard work=20 in stock selection so that others (especially non-contributors) = can make=20 money? I'll gladly share knowledge and take on a debate so as to=20 learn something,  but I won't share stock picks. = I'm sure=20 there are others who feel the same but are less willing to admit it=20 publicly.
 
Katherine
----- Original Message -----
From:=20 Duke Miller
Sent: Sunday, February 24, = 2002 5:50=20 PM
Subject: RE: [CANSLIM] Date: = Sun, 24=20 Feb 2002 15:11:27 -0500

Katherine:
 
I = understand TOTALLY=20 your opinion; I joined this list for many of the same reasons you = did. =20
 
But...your = rationale=20 for joining this list only SUPPORTS my concept.  What = better way=20 to become adept and expand your horizons regarding CANSLIM than with = real=20 life, actual examples, I.e., our LIMITED submissions of potential = CANSLIM=20 stocks (not "stock picks") for the Mother List? =20
 
Have you = been to a=20 CANSLIM seminar?   I don't know about you, but 90% of my = takeaway=20 is in the form of actual charts illustrating real life situations = with notes=20 as to the discussions.  I see a lot of that in the Mother=20 list:  Forcing "members" to justify their picks before they = make this=20 list has immense educational potential.  In other words, don't = tell us=20 you think this is a good pick....tell us WHY!
 
So, my = intent is NOT to=20 have the concept become a list of stock picks.  Rather, a list = of=20 stocks that students of CANSLIM are dxxn near willing to fight for; = stocks=20 they don't want to see removed from the list for this reason or = that; stocks=20 they (and all others) can potentially make money on.  My = wording about=20 "CANSLIM this and CANSLIM that" was poorly chosen.  I didn't = mean to=20 imply boredom.  But if all that CANSLIM this and CANSLIM that = is backed=20 up by actual real life, this is my money examples....won't it mean=20 more?
 
(Not to = beat a dead=20 horse, but did you see in the Sunday WSJ that Southwest = Airlines is=20 going to change their system.  No more colored boarding = cards. =20 Even they are looking at the world a bit = differently.)
 
Debate=20 on!
 
Duke
-----Original Message-----
From:=20 owner-canslim@lists.xmission.com=20 [mailto:owner-canslim@lists.xmission.com]On Behalf Of = Katherine=20 Malm
Sent: Sunday, February 24, 2002 6:20 = PM
To:=20 canslim@lists.xmission.com
Subject: Re: [CANSLIM] Date: = Sun, 24=20 Feb 2002 15:11:27 -0500

Hi Duke,
 
I've been mulling over your "mother of all lists" idea all = day. I=20 understand your desire to share "collective wisdom" regarding = stock picks,=20 but I don't agree with it, for the same reason you listed in your = comment=20 (b). Even more so, however, when I was reviewing archives in many=20 communities in order to decide which list to join, one of the = things I=20 looked for was a community that hadn't reduced discussion of = CANSLIM down=20 to endless stock "picks" but instead a discussion of the = underlying=20 principles that make CANSLIM tick; processes for finding and = evaluating=20 stocks; clarifications of investing = concepts; and practice in=20 the interpretation of technicals, fundamentals, market health and = CANSLIM=20 guidelines. While some may argue that such discussion makes = CANSLIM overly=20 complex, I think this is precisely what makes this a community = that helps=20 to build knowledgeable CANSLIMers. In my mind, it is the exchange = of ideas=20 and viewpoints, not stock picks, which creates value.
 
Southwest Airlines has had many copycat competitors over the = years,=20 attracted to the business by the notion that following Southwest's = "simple" approach to flying was easy and repeatable. All of the = early=20 copycats' businesses failed because they did not understand the = most=20 important part of Southwest's strategy, i.e., that many dedicated = people=20 work exceptionally hard and utilize a complex systematic approach = to doing=20 business that *appears* to be simple to the customers who fly with = them.
 
Katherine
 
----- Original Message -----
From:=20 Duke Miller
To: Canslim@Lists. = Xmission.=20 Com
Sent: Sunday, February = 24, 2002=20 2:12 PM
Subject: [CANSLIM] Date: = Sun, 24=20 Feb 2002 15:11:27 -0500

Being new to this list, I'd like to share a few=20 observations and proffer a
what-if.

a)  Working = through=20 this market, tugging constantly with my buy checklist,
it = helps to=20 have company that's a) knowledgeable, b) successful = (or
committed to=20 striving for it), and c) CERTAINLY unbiased!

b)  The = debate=20 herein over the merits of CANSLIM-this and/or CANSLIM-that=20 is
unending (as it should be).  The arguments haven't = changed=20 since the concept
was developed.  NO matter how hard we = try to=20 stay between the lines, we each
have our own variation(s), = don't=20 we?

c)  It seems we're all watch-listing and = waiting, ever=20 confident the
market's going to eventually break out ONLY = when it's=20 ready to. I agree with
Katherine, that we can certainly = "mine" some=20 winners these days.  I've got
two that are showing = promise, buy=20 a dozen more I've been "whipsawed" out of.
(One thing WON = taught me=20 is not to "hide" from my blunders, rather study and
learn = from=20 them.  I still hate doing that!)

I think you'll all = agree,=20 trying to unearth the one stock in four that
doesn't shake us = out=20 unmercifully in this market we're in is not fun.  = So
here's=20 a  what if from the glistening Gulf shores of Anna Maria=20 Island:  Is
it conceivable we might better devote our = time to=20 channeling our collective
energies toward building "all-star" = watch=20 list?  One that, when the M does
turn, we can be ready = in the=20 wings?

Forgive me if the thought isn't totally developed = yet (or=20 original to this
group), but what if...those interested "sign = up" to=20 each "nominate" one,
two, or three personal-favorite watch=20 stocks.  Ones you'd buy for your own
mother! (The = "mother" of=20 all lists???)   And we take that list, follow = its
contents'=20 progress together and, on-going, "debate" the merits of=20 each
"nomination," old or new.

Just today we got lists = from=20 Tim and John;  I wonder which three from each
list = they'd=20 nominate for the Mother List?

IMHO, this: a) would help = us expand=20 and refine our own lists; b) steepen our
CANSLIM learning = curves via=20 the debates; c) benefit all of us when the
tide(s) turn; and = c),=20 would be a source for a little fun (while we wait = for
M)!

If=20 there's enough interest, I'll be glad to suggest a nomination=20 checklist
which we can improvise as we go along, etc, etc, = etc. =20 So what do you think?

A final note:  I'm out of town = until=20 Thursday, but will be monitoring as
best I can from my remote = hotmail=20 account, iffy at best.  Worst case
scenario, I'll = compile a=20 wrap-up of your input by week's=20 end.

Duke





-
-To = subscribe/unsubscribe,=20 email "majordomo@xmission.com"
-In= =20 the email body, write "subscribe canslim" or
-"unsubscribe=20 canslim".  Do not use quotes in your=20 = email.
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