From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #2300 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 Saturday, April 13 2002 Volume 02 : Number 2300 In this issue: Re: [CANSLIM] Bear Rally? Re: [CANSLIM] old messages [CANSLIM] VectorVest Re: Screen Capture (was: [CANSLIM] DFXI) Re: Screen Capture (was: [CANSLIM] DFXI) Re: [CANSLIM] Bear Rally? RE: [CANSLIM] Bear Rally? [CANSLIM] Kondratiev cycle/gold [CANSLIM] Was that really a recession? Re: [CANSLIM] Bear Rally? ---------------------------------------------------------------------- Date: Sat, 13 Apr 2002 14:17:49 -0500 From: "Katherine Malm" Subject: Re: [CANSLIM] Bear Rally? This is a multi-part message in MIME format. - ------=_NextPart_000_0075_01C1E2F5.FDD145E0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Thanks for the analysis, Patrick. Here's a link to a chart that shows = Sector Rotation during economic cycles. Look toward the bottom of the = page for the current location in the cycle: http://stockcharts.com/charts/performance/SPSectors.html I'm not so sure that technology itself is going to lead for a very long = time. I'll bet the more "mundane" businesses will be the winning stocks = for quite a while. Some of that may be because of the excessive = valuations you mentioned, some of it may be related to taking out excess = capacity through much of the tech sectors. It's hard for me personally, = because I don't get all that excited performing due diligence on = non-tech stocks..... ah well, what doesn't kill us makes us stronger. Katherine ----- Original Message -----=20 From: Patrick Wahl=20 To: canslim@lists.xmission.com=20 Sent: Saturday, April 13, 2002 1:44 PM Subject: Re: [CANSLIM] Bear Rally? On 13 Apr 2002 at 12:35, Duke Miller wrote: > I don't want to start anything, but....since it's the weekend. oh sure.... > So what kind of market are we in, anyway? > =20 I was trying to answer this question the other night, all I could = figure out is that the=20 market is mixed up. Here are some observations, maybe someone can put = things=20 together. Nasdaq selling off after rally to a lower high than the high set in = January. Right now=20 sitting near support set about 2/22, below 50 day MA, which is sloping = down. S&P a little stronger, recent rally carried it just about back to old = highs, it is=20 somewhat above those Feb. lows, support around 1075, also below 50 = day. Dow quite a bit stronger, the recent high surpassed the Jan. highs, = recent selloff not=20 as severe, it's sitting on 50 day MA. Russell 2000 at its highest level since July, made new high on Friday = relative to last=20 8 or 9 months. Vix is up a little bit, off the very low levels it was at, but still = towards the low end of=20 its range (lower means too much optimism, a contrary indicator). I = also notice that=20 the cummulative A/D line for the NYSE has been in a steady uptrend = since Sept.=20 lows, the Nasdaq A/D line has rallied a bit, but for the last 2 months = has gone=20 sideways to lower. Lets see - large caps doing ok in the form of the Dow, small caps are = the strongest=20 group as represented byt the Russell 2000 (that would be our little = universe of=20 canslim stocks), the S&P and Nasdaq, I think you could say the real = guts of the=20 market in terms of broad representation of industries and a large = chunk of the total=20 market cap, are looking flat to weak. Maybe someone can say something about which stocks should be leading = if we are=20 at the beginning of an economic recovery, I'm not sure how to = interepret this stuff,=20 like I said. I think valuations may still be weighing on the nasdaq, = and what I am=20 reading says this will be a weak to moderate recovery, so earnings may = not be=20 storng enough to allow the nasdaq to really get rolling this year. - -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_0075_01C1E2F5.FDD145E0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Thanks for the analysis, Patrick. Here's a link to a chart that = shows=20 Sector Rotation during economic cycles. Look toward the bottom of the = page for=20 the current location in the cycle:
 
http://= stockcharts.com/charts/performance/SPSectors.html
 
I'm not so sure that technology itself is going to lead for a very = long=20 time. I'll bet the more "mundane" businesses will be the winning stocks = for=20 quite a while. Some of that may be because of the excessive valuations = you=20 mentioned, some of it may be related to taking out excess capacity = through=20 much of the tech sectors. It's hard for me personally, because I don't = get all=20 that excited performing due diligence on non-tech stocks..... ah well, = what=20 doesn't kill us makes us stronger.
 
Katherine
----- Original Message -----
From:=20 Patrick = Wahl=20
To: canslim@lists.xmission.com=
Sent: Saturday, April 13, 2002 = 1:44=20 PM
Subject: Re: [CANSLIM] Bear = Rally?



On 13 Apr 2002 at 12:35, Duke Miller = wrote:

>=20 I don't want to start anything, but....since it's the = weekend.

oh=20 sure....

> So what kind of market are we in, = anyway?
> =20

I was trying to answer this question the other night, all I = could=20 figure out is that the
market is mixed up.  Here are some=20 observations, maybe someone can put things
together.

Nasdaq = selling=20 off after rally to a lower high than the high set in January.  = Right now=20
sitting near support set about 2/22, below 50 day MA, which is = sloping=20 down.

S&P a little stronger, recent rally carried it just = about=20 back to old highs, it is
somewhat above those Feb. lows, support = around=20 1075, also below 50 day.

Dow quite a bit stronger, the recent = high=20 surpassed the Jan. highs, recent selloff not
as severe, it's = sitting on 50=20 day MA.

Russell 2000 at its highest level since July, made new = high on=20 Friday relative to last
8 or 9 months.

Vix is up a little = bit,=20 off  the very low levels it was at, but still towards the low end = of=20
its range  (lower means too much optimism, a contrary=20 indicator).  I also notice that
the cummulative A/D line for = the NYSE=20 has been in a steady uptrend since Sept.
lows, the Nasdaq A/D line = has=20 rallied a bit, but for the last 2 months has gone
sideways to=20 lower.

Lets see - large caps doing ok in the form of the Dow, = small=20 caps are the strongest
group as represented byt the Russell 2000 = (that=20 would be our little universe of
canslim stocks), the S&P and = Nasdaq, I=20 think you could say the real guts of the
market in terms of broad=20 representation of industries and a large chunk of the total
market = cap,=20 are looking flat to weak.

Maybe someone can say something about = which=20 stocks should be leading if we are
at the beginning of an economic = recovery, I'm not sure how to interepret this stuff,
like I=20 said.   I think valuations may still be weighing on the = nasdaq, and=20 what I am
reading says this will be a weak to moderate recovery, = so=20 earnings may not be
storng enough to allow the nasdaq  to = really get=20 rolling this year.





-
-To = subscribe/unsubscribe,=20 email "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your email. - ------=_NextPart_000_0075_01C1E2F5.FDD145E0-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Sat, 13 Apr 2002 13:52:26 -0600 From: Jeff Salisbury Subject: Re: [CANSLIM] old messages - --------------AA43B08533C8092466C2B6A8 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit Rich W wrote: > Jeff,is there a easy way to say get all the messages from the past 30 day or so .Hit the wrong key and deleted all my messages that I was saving( the best one's w/links)I do not see where they are numbered, so not > sure how to got allthanksRich Hi Rich, See the message below: Jeff Salisbury wrote: > From time to time, CANSLIM members may wish to browse the discussion archives. This posting provides instructions on how to access the archives. Thanks to David Cameron for compiling the essentials of this message. > > Here are the two ways to access the archives: > > 1. The best way is to use your web browser. To browse the archives, point your browser to: > > ftp://ftp.xmission.com/pub/lists/canslim/archive/ > > 2. (Not as convenient) via email: > Send an email to majordomo@xmission.com > with the following as the body of your message: > > "index canslim". > > Then send a follow up email to request an old > email from either the "archive" or "latest" > directory. Note that your request must be in > the body of your email. > > For example: > > "get canslim latest/001" > > will retrieve file "001" from the "latest" > directory. > > "get canslim archive/v01.n066" > > will retrieve file "v01.n066" from the > "archive" dir. > > Best Regards, > > Jeff Salisbury - CANSLIM list owner/admin > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. - --------------AA43B08533C8092466C2B6A8 Content-Type: multipart/related; boundary="------------771E1DC63C8197A1C095702E" - --------------771E1DC63C8197A1C095702E Content-Type: text/html; charset=us-ascii Content-Transfer-Encoding: 7bit Rich W wrote:
Jeff,is there a easy way to say get all the messages from the past  30 day  or so .Hit the wrong key and deleted all my messages that I was saving( the best one's w/links)I do not see where they are numbered, so not sure how to got allthanksRich


Hi Rich,

See the message below:

Jeff Salisbury wrote:

From time to time, CANSLIM members may wish to browse the discussion archives.  This posting provides instructions on how to access the archives.  Thanks to David Cameron for compiling the essentials of this message.

Here are the two ways to access the archives:

1. The best way is to use your web browser.  To browse the archives, point your browser to:

        ftp://ftp.xmission.com/pub/lists/canslim/archive/

2. (Not as convenient) via email:
        Send an email to majordomo@xmission.com
        with the following as the body of your message:

                "index canslim".

        Then send a follow up email to request an old
        email from either the "archive" or "latest"
        directory.  Note that your request must be in
        the body of your email.

        For example:

                "get canslim latest/001"

        will retrieve file "001" from the "latest"
        directory.

                "get canslim  archive/v01.n066"

        will retrieve file "v01.n066" from the
        "archive" dir.

Best Regards,

Jeff Salisbury - CANSLIM list owner/admin

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


 
 
  - --------------771E1DC63C8197A1C095702E Content-Type: image/gif Content-ID: Content-Transfer-Encoding: base64 Content-Disposition: inline; filename="Blank Bkgrd.gif" R0lGODlhLQAtAID/AP////f39ywAAAAALQAtAEACcAxup8vtvxKQsFon6d02898pGkgiYoCm 6sq27iqWcmzOsmeXeA7uPJd5CYdD2g9oPF58ygqz+XhCG9JpJGmlYrPXGlfr/Yo/VW45e7am p2tou/lWxo/zX513z+Vt+1n/tiX2pxP4NUhy2FM4xtjIUQAAOw== - --------------771E1DC63C8197A1C095702E-- - --------------AA43B08533C8092466C2B6A8-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Sat, 13 Apr 2002 20:36:47 -0400 From: John Lessnau Subject: [CANSLIM] VectorVest This is a multi-part message in MIME format. - --Boundary_(ID_G+Ue0bQB6W7djkPy+mXuBA) Content-type: text/plain; charset=iso-8859-1 Content-transfer-encoding: 7BIT I just recieved my software for my 5 week trial of VectorVest. At first glance, it seems pretty slick. Does anyone here use it? If so, could I possible have some tips on some screanings that may help me spot some potential CANSLIM stocks for further reseach - --Boundary_(ID_G+Ue0bQB6W7djkPy+mXuBA) Content-type: text/html; charset=iso-8859-1 Content-transfer-encoding: 7BIT
I just recieved my software for my 5 week trial of VectorVest.  At first glance, it seems pretty slick.  Does anyone here use it?  If so, could I possible have some tips on some screanings that may help me spot some potential CANSLIM stocks for further reseach
- --Boundary_(ID_G+Ue0bQB6W7djkPy+mXuBA)-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Sat, 13 Apr 2002 18:00:38 -0700 (PDT) From: Dimitri Katsaros Subject: Re: Screen Capture (was: [CANSLIM] DFXI) Hey Katherine, Actually, this isn't true. If you use print screen, the image is in the clipboard... you can paste it anywhere including a graphics editor like photoshop or any program that supports the paste command for that matter. From within a graphics program you can save it to whatever graphics format you like. Dimitri - --- Katherine Malm wrote: > Hi Harold, > > Thanks for the kind comments and welcome to the > list. > > Good idea to use the print screen command/Word > combo. The advantage is that it's a free solution if > you already have the Word app. I think the > disadvantage would only be that the graphic can't be > saved as a JPEG, BMP, etc. separate from the Word > Doc itself. I also like the one step advantage of > using PrintScreen Pro, where you can set hot keys to > capture the entire window or any selected portion of > a window. The image is passed directly to the app > where you can then annotate before saving/copying > etc. (There's another shareware screen capture tool > that has far better annotation tools, called 2020, > but I never learned to like it as much as > PrintScreenPro.) ===== Quiquid latine dictum sit altum viditur __________________________________________________ Do You Yahoo!? Yahoo! Tax Center - online filing with TurboTax http://taxes.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: Sat, 13 Apr 2002 20:06:57 -0500 From: "Katherine Malm" Subject: Re: Screen Capture (was: [CANSLIM] DFXI) This is a multi-part message in MIME format. - ------=_NextPart_000_0126_01C1E326.C3C95AA0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi Dimitri, I was referring graphic after it had been annotated in Word. Katherine ----- Original Message -----=20 From: Dimitri Katsaros=20 To: canslim@lists.xmission.com=20 Sent: Saturday, April 13, 2002 8:00 PM Subject: Re: Screen Capture (was: [CANSLIM] DFXI) Hey Katherine, Actually, this isn't true. If you use print screen, the image is in the clipboard... you can paste it anywhere including a graphics editor like photoshop or any program that supports the paste command for that matter. From within a graphics program you can save it to whatever graphics format you like. Dimitri=20 --- Katherine Malm wrote: > Hi Harold, >=20 > Thanks for the kind comments and welcome to the > list.=20 >=20 > Good idea to use the print screen command/Word > combo. The advantage is that it's a free solution if > you already have the Word app. I think the > disadvantage would only be that the graphic can't be > saved as a JPEG, BMP, etc. separate from the Word > Doc itself. I also like the one step advantage of > using PrintScreen Pro, where you can set hot keys to > capture the entire window or any selected portion of > a window. The image is passed directly to the app > where you can then annotate before saving/copying > etc. (There's another shareware screen capture tool > that has far better annotation tools, called 2020, > but I never learned to like it as much as > PrintScreenPro.) =3D=3D=3D=3D=3D Quiquid latine dictum sit altum viditur __________________________________________________ Do You Yahoo!? Yahoo! Tax Center - online filing with TurboTax http://taxes.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. - ------=_NextPart_000_0126_01C1E326.C3C95AA0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Hi Dimitri,
 
I was referring graphic after it had been annotated in Word.
 
Katherine
----- Original Message -----
From:=20 Dimitri = Katsaros=20
Sent: Saturday, April 13, 2002 = 8:00=20 PM
Subject: Re: Screen Capture = (was:=20 [CANSLIM] DFXI)

Hey Katherine,

Actually, this isn't true. If you = use=20 print screen,
the image is in the clipboard... you can paste = it
anywhere=20 including a graphics editor like photoshop or
any program that = supports the=20 paste command for that
matter. From within a graphics program you = can save=20 it
to whatever graphics format you like.

Dimitri =


---=20 Katherine Malm <kmalm@earthlink.net> = wrote:
>=20 Hi Harold,
>
> Thanks for the kind comments and welcome = to=20 the
> list.
>
> Good idea to use the print screen=20 command/Word
> combo. The advantage is that it's a free solution = if
> you already have the Word app. I think the
> = disadvantage=20 would only be that the graphic can't be
> saved as a JPEG, BMP, = etc.=20 separate from the Word
> Doc itself.  I also like the one = step=20 advantage of
> using PrintScreen Pro, where you can set hot keys = to
> capture the entire window or any selected portion = of
> a=20 window. The image is passed directly to the app
> where you can = then=20 annotate before saving/copying
> etc. (There's another shareware = screen=20 capture tool
> that has far better annotation tools, called=20 2020,
> but I never learned to like it as much as
>=20 PrintScreenPro.)

=3D=3D=3D=3D=3D
Quiquid latine dictum sit = altum=20 = viditur

__________________________________________________
Do = You=20 Yahoo!?
Yahoo! Tax Center - online filing with TurboTax
http://taxes.yahoo.com/

-
= - -To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your email.
- ------=_NextPart_000_0126_01C1E326.C3C95AA0-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Sat, 13 Apr 2002 21:30:15 -0400 From: "Dan Forant" Subject: Re: [CANSLIM] Bear Rally? This is a multi-part message in MIME format. - ------=_NextPart_000_0038_01C1E332.66E46A80 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable MessageDuke Harris in a landslide. Make sure to get the Seniors out to vote. Us on = the right need them and regard their voting qualifications highly. DanF ----- Original Message -----=20 From: Duke Miller=20 To: CANSLIM=20 Sent: Saturday, April 13, 2002 12:35 PM Subject: [CANSLIM] Bear Rally? I don't want to start anything, but....since it's the weekend. Did anybody notice in this morning's IBD a contradiction that begs the = question as to what kind of market we're in? To wit: Quoting from Investor's Corner, front page: "Take the action of a few = S&P indexes since the market's Sept. 28 follow-through, signaling the = start of the current rally." On the next page (A2) under the headline = "Investors fear profitless recovery," we read: "Despite the long bear = market, stock valuations remain above historical norms and assume strong = profit growth going forward." (Italics are mine.) I think I have the answer: IBD relentlessly takes credit for calling = the last big market move south, so could it be they're posturing for the = next market direction? Either way it goes, they can claim supremacy. =20 Then again, maybe we should have a national election and let the = investor's decide. I live in the district in Florida where Katherine = Harris is making a bid for Congress. We could (as we did in the last = Presidential election) let her decide the ultimate winner! Not that she = needs more publicity, what with all the hanging chads and so forth. So what kind of market are we in, anyway? Duke - ------=_NextPart_000_0038_01C1E332.66E46A80 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Message
Duke
 
Harris in a landslide. Make sure to get = the Seniors=20 out to vote. Us on the right need them and regard their voting = qualifications=20 highly.
 
DanF
 
----- Original Message -----
From:=20 Duke=20 Miller
To: CANSLIM
Sent: Saturday, April 13, 2002 = 12:35=20 PM
Subject: [CANSLIM] Bear = Rally?

I don't want = to start=20 anything, but....since it's the weekend.
 
Did anybody = notice in=20 this morning's IBD a contradiction that begs the question as to what = kind of=20 market we're in?  To wit:
 
Quoting from = Investor's=20 Corner, front page:  "Take the action of a few S&P indexes = since the=20 market's Sept. 28 follow-through, signaling the start of the = current=20 rally."  On the next page (A2) under the headline "Investors = fear=20 profitless recovery," we read:  "Despite the long bear = market,=20 stock valuations remain above historical norms and assume strong = profit growth=20 going forward." (Italics are mine.)
 
I think I = have the=20 answer:  IBD relentlessly takes credit for calling the last big = market=20 move south, so could it be they're posturing for the next market=20 direction?  Either way it goes, they can claim supremacy. =20
 
Then again,=20 maybe we should have a national election and let the investor's = decide. =20 I live in the district in Florida where Katherine Harris is making a = bid for=20 Congress.  We could (as we did in the last Presidential election) = let her=20 decide the ultimate winner!  Not that she needs more publicity, = what with=20 all the hanging chads and so forth.
 
So what kind = of market=20 are we in, anyway?
 
Duke
- ------=_NextPart_000_0038_01C1E332.66E46A80-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Sat, 13 Apr 2002 20:56:33 -0500 From: "Hill, Ernie" Subject: RE: [CANSLIM] Bear Rally? Patrick, I can only speak about the S&P 500 because that is the index I concentrate on because it represents the broad market and includes old economy stocks as well as tech stocks. My model suggests a strong probability of an intermediate term low being made next week in this index most likely on Tuesday or Wednesday. I expect the S&P to test the 1075 support level and close above the 1085 level on the day it puts in the low. This low should set the stage for a four to five week advance. If this up-swing in the market takes out the recent highs near 1175, which I believe it will then the case for a new bull market remains intact. However, if it fails to take out the highs near 1175 then we may have already seen the high in the market for this year. E - -----Original Message----- From: Patrick Wahl [mailto:pjwahl@attbi.com] Sent: Saturday, April 13, 2002 1:44 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] Bear Rally? On 13 Apr 2002 at 12:35, Duke Miller wrote: > I don't want to start anything, but....since it's the weekend. oh sure.... > So what kind of market are we in, anyway? > I was trying to answer this question the other night, all I could figure out is that the market is mixed up. Here are some observations, maybe someone can put things together. Nasdaq selling off after rally to a lower high than the high set in January. Right now sitting near support set about 2/22, below 50 day MA, which is sloping down. S&P a little stronger, recent rally carried it just about back to old highs, it is somewhat above those Feb. lows, support around 1075, also below 50 day. Dow quite a bit stronger, the recent high surpassed the Jan. highs, recent selloff not as severe, it's sitting on 50 day MA. Russell 2000 at its highest level since July, made new high on Friday relative to last 8 or 9 months. Vix is up a little bit, off the very low levels it was at, but still towards the low end of its range (lower means too much optimism, a contrary indicator). I also notice that the cummulative A/D line for the NYSE has been in a steady uptrend since Sept. lows, the Nasdaq A/D line has rallied a bit, but for the last 2 months has gone sideways to lower. Lets see - large caps doing ok in the form of the Dow, small caps are the strongest group as represented byt the Russell 2000 (that would be our little universe of canslim stocks), the S&P and Nasdaq, I think you could say the real guts of the market in terms of broad representation of industries and a large chunk of the total market cap, are looking flat to weak. Maybe someone can say something about which stocks should be leading if we are at the beginning of an economic recovery, I'm not sure how to interepret this stuff, like I said. I think valuations may still be weighing on the nasdaq, and what I am reading says this will be a weak to moderate recovery, so earnings may not be storng enough to allow the nasdaq to really get rolling this year. - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ****************************************************************** This email and any files transmitted with it from the ElPaso Corporation are confidential and intended solely for the use of the individual or entity to whom they are addressed. If you have received this email in error please notify the sender. ****************************************************************** - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Sat, 13 Apr 2002 22:17:03 -0400 From: "Robert McGill" Subject: [CANSLIM] Kondratiev cycle/gold This is a multi-part message in MIME format. - ------=_NextPart_000_000A_01C1E338.F0643FA0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable at best interesting, at worst amusing = http://www.gold-eagle.com/editorials_02/alexander040902.html thoughts, = implications for M? - ------=_NextPart_000_000A_01C1E338.F0643FA0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
at best interesting, at worst = amusing  htt= p://www.gold-eagle.com/editorials_02/alexander040902.html =20 thoughts, implications for M?
- ------=_NextPart_000_000A_01C1E338.F0643FA0-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Sat, 13 Apr 2002 22:45:13 -0400 From: "Robert McGill" Subject: [CANSLIM] Was that really a recession? This is a multi-part message in MIME format. - ------=_NextPart_000_0012_01C1E33C.DFBEF060 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable http://www.financialsense.com/stormwatch/oldupdates/2002/0412.htm - ------=_NextPart_000_0012_01C1E33C.DFBEF060 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
http://www.financialsense.com/stormwatch/oldupdates/2002/0412.htm
- ------=_NextPart_000_0012_01C1E33C.DFBEF060-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Sat, 13 Apr 2002 20:28:00 -0700 From: Ian Subject: Re: [CANSLIM] Bear Rally? This is a multi-part message in MIME format. - --Boundary_(ID_Jljb7YKs0oxHPjdRQLKM0g) Content-type: text/plain; charset=iso-8859-1 Content-transfer-encoding: 7BIT "I'll bet the more "mundane" businesses will be the winning stocks for quite a while." Katherine - I couldn't agree more. However, I think the 'reason' IS quite exciting: The spread of global democracy and capitalism. The boring industries that haven't seen growth stocks in the Western world for quite some time, are going to show robust growth in the developing world as they build up their core infrastructure while raising their standard of living. JMHO. We'll see. Ian ----- Original Message ----- From: Katherine Malm To: canslim@lists.xmission.com Sent: Saturday, April 13, 2002 12:17 PM Subject: Re: [CANSLIM] Bear Rally? Thanks for the analysis, Patrick. Here's a link to a chart that shows Sector Rotation during economic cycles. Look toward the bottom of the page for the current location in the cycle: http://stockcharts.com/charts/performance/SPSectors.html I'm not so sure that technology itself is going to lead for a very long time. I'll bet the more "mundane" businesses will be the winning stocks for quite a while. Some of that may be because of the excessive valuations you mentioned, some of it may be related to taking out excess capacity through much of the tech sectors. It's hard for me personally, because I don't get all that excited performing due diligence on non-tech stocks..... ah well, what doesn't kill us makes us stronger. Katherine ----- Original Message ----- From: Patrick Wahl To: canslim@lists.xmission.com Sent: Saturday, April 13, 2002 1:44 PM Subject: Re: [CANSLIM] Bear Rally? On 13 Apr 2002 at 12:35, Duke Miller wrote: > I don't want to start anything, but....since it's the weekend. oh sure.... > So what kind of market are we in, anyway? > I was trying to answer this question the other night, all I could figure out is that the market is mixed up. Here are some observations, maybe someone can put things together. Nasdaq selling off after rally to a lower high than the high set in January. Right now sitting near support set about 2/22, below 50 day MA, which is sloping down. S&P a little stronger, recent rally carried it just about back to old highs, it is somewhat above those Feb. lows, support around 1075, also below 50 day. Dow quite a bit stronger, the recent high surpassed the Jan. highs, recent selloff not as severe, it's sitting on 50 day MA. Russell 2000 at its highest level since July, made new high on Friday relative to last 8 or 9 months. Vix is up a little bit, off the very low levels it was at, but still towards the low end of its range (lower means too much optimism, a contrary indicator). I also notice that the cummulative A/D line for the NYSE has been in a steady uptrend since Sept. lows, the Nasdaq A/D line has rallied a bit, but for the last 2 months has gone sideways to lower. Lets see - large caps doing ok in the form of the Dow, small caps are the strongest group as represented byt the Russell 2000 (that would be our little universe of canslim stocks), the S&P and Nasdaq, I think you could say the real guts of the market in terms of broad representation of industries and a large chunk of the total market cap, are looking flat to weak. Maybe someone can say something about which stocks should be leading if we are at the beginning of an economic recovery, I'm not sure how to interepret this stuff, like I said. I think valuations may still be weighing on the nasdaq, and what I am reading says this will be a weak to moderate recovery, so earnings may not be storng enough to allow the nasdaq to really get rolling this year. - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. - --Boundary_(ID_Jljb7YKs0oxHPjdRQLKM0g) Content-type: text/html; charset=iso-8859-1 Content-transfer-encoding: 7BIT
"I'll bet the more "mundane" businesses will be the winning stocks for quite a while."
 
Katherine - I couldn't agree more. However, I think the 'reason' IS quite exciting: The spread of global democracy and capitalism. The boring industries that haven't seen growth stocks in the Western world for quite some time, are going to show robust growth in the developing world as they build up their core infrastructure while raising their standard of living.
 
JMHO. We'll see.
 
Ian
----- Original Message -----
Sent: Saturday, April 13, 2002 12:17 PM
Subject: Re: [CANSLIM] Bear Rally?

Thanks for the analysis, Patrick. Here's a link to a chart that shows Sector Rotation during economic cycles. Look toward the bottom of the page for the current location in the cycle:
 
 
I'm not so sure that technology itself is going to lead for a very long time. I'll bet the more "mundane" businesses will be the winning stocks for quite a while. Some of that may be because of the excessive valuations you mentioned, some of it may be related to taking out excess capacity through much of the tech sectors. It's hard for me personally, because I don't get all that excited performing due diligence on non-tech stocks..... ah well, what doesn't kill us makes us stronger.
 
Katherine
----- Original Message -----
Sent: Saturday, April 13, 2002 1:44 PM
Subject: Re: [CANSLIM] Bear Rally?



On 13 Apr 2002 at 12:35, Duke Miller wrote:

> I don't want to start anything, but....since it's the weekend.

oh sure....

> So what kind of market are we in, anyway?
> 

I was trying to answer this question the other night, all I could figure out is that the
market is mixed up.  Here are some observations, maybe someone can put things
together.

Nasdaq selling off after rally to a lower high than the high set in January.  Right now
sitting near support set about 2/22, below 50 day MA, which is sloping down.

S&P a little stronger, recent rally carried it just about back to old highs, it is
somewhat above those Feb. lows, support around 1075, also below 50 day.

Dow quite a bit stronger, the recent high surpassed the Jan. highs, recent selloff not
as severe, it's sitting on 50 day MA.

Russell 2000 at its highest level since July, made new high on Friday relative to last
8 or 9 months.

Vix is up a little bit, off  the very low levels it was at, but still towards the low end of
its range  (lower means too much optimism, a contrary indicator).  I also notice that
the cummulative A/D line for the NYSE has been in a steady uptrend since Sept.
lows, the Nasdaq A/D line has rallied a bit, but for the last 2 months has gone
sideways to lower.

Lets see - large caps doing ok in the form of the Dow, small caps are the strongest
group as represented byt the Russell 2000 (that would be our little universe of
canslim stocks), the S&P and Nasdaq, I think you could say the real guts of the
market in terms of broad representation of industries and a large chunk of the total
market cap, are looking flat to weak.

Maybe someone can say something about which stocks should be leading if we are
at the beginning of an economic recovery, I'm not sure how to interepret this stuff,
like I said.   I think valuations may still be weighing on the nasdaq, and what I am
reading says this will be a weak to moderate recovery, so earnings may not be
storng enough to allow the nasdaq  to really get rolling this year.





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