From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #2330 Reply-To: canslim Sender: owner-canslim-digest@lists.xmission.com Errors-To: owner-canslim-digest@lists.xmission.com Precedence: bulk Content-Transfer-Encoding: quoted-printable X-No-Archive: yes canslim-digest Friday, April 19 2002 Volume 02 : Number 2330 In this issue: Re: [CANSLIM] Yahoo spam: End of this topic. Re: [CANSLIM] holdings RE: [CANSLIM] stock idea Re: [CANSLIM] holdings RE: [CANSLIM] DFXI again RE: [CANSLIM] DFXI again Re: [CANSLIM] DFXI again Re: [CANSLIM] holdings ---------------------------------------------------------------------- Date: Fri, 19 Apr 2002 13:10:39 -0700 (PDT) From: Fanus Subject: Re: [CANSLIM] Yahoo spam: End of this topic. Bill Giving them your real address is optional. You didn't have to give it . I have been using yahoo for over a year and they filter 99% of SPAM to my bulk folder automatically and since I didn't give them my home e-mail, I am not receiving SPAM there at all. Also on the screen where you register you could have opted out to receive marketing (SPAM) e-mail. You gave them your e-mail which was optional and you didn't deselect the option not to receive "marketing". You can't blame yahoo for something you had full control over. - - Fanus - --- Bill Triffet wrote: > Harvey, > > Yes. I see that now. It was clearly wrong what they > did though. They > directed it ALL to my Earthlink account! Why didn't > they direct it to my > Yahoo mail account??? I felt violated and have > cancelled my account. I'm > also considering sending a note the the FTC as it > has severely compromised > my earthlink account with junk It will take months > before my email is > straightened out. (sic) > > Ok. We can kill this thread now. > > -Bill Triffet > > > ----- Original Message ----- > From: "Harvey Brion" > To: > Sent: Friday, April 19, 2002 9:39 AM > Subject: Re: [CANSLIM] Yahoo spam [Was: Hotmail.com > accounts - OT] > > > > If you have a Yahoo! account, you should check you > privacy preferences. > > Yahoo! has made some changes to its privacy > policy, and as a result, you > > might start receiving a lot of spam. > > > > To change your Yahoo! privacy preferences: > > > > Go to Yahoo! and scroll to the bottom of the page. > You should find a > > link called Privacy Policy. Click on the link. In > the left column, look > > for the Marketing Preferences link. Click on it. > Log in to your Yahoo! > > account. > > Set the preferences to your liking. > > > > Ref: > > > http://www.techtv.com/screensavers/answerstips/story/0,24330,2116895,00.html > > > > Gene Ricci wrote: > > > > > I saw the following on another Yahoo Group and > checked it out, sure > > > enough all of my marketing preferences were > changed to "YES". You may > > > want to check it out and change it to "NO". > >Apparently, when Yahoo > > > was "down" recently, in addition to whatever > else they did, they also > > > reset everyone's marketing preferences back to > "Yes". These settings > > > not only apply to Spam, but also to junk snail > mail and phone > > > solicitation as well.< Gene > > > > > > ----- Original Message ----- > > > From: Bill Triffet > > > To: canslim@lists.xmission.com > > > Sent: Friday, April 19, 2002 10:25 AM > > > Subject: Re: [CANSLIM] Hotmail.com accounts > - OT > > > Perhaps it was just coincidence - but the > day after I > > > registered to use > > > Yahoo mail, I started receiving TONS of > spam in my earthlink > > > mail (you must > > > give your real address to Yahoo) every day. > I told them not > > > to give out my > > > earthlink address to their advertisers. I > now have a huge > > > blocked senders > > > list in addition to a large message rules > list to try and > > > keep them out. > > > > > > Maybe others here have had better > experiences with them? > > > > > > -Bill Triffet > > > > > > ----- Original Message ----- > > > From: "Jeff Salisbury" > > > > To: > > > Sent: Friday, April 19, 2002 7:17 AM > > > Subject: [CANSLIM] Hotmail.com accounts > > > > > > > > > > Hello Canslimers, > > > > If you received this message in your > Hotmail.com account, > > > would you please > > > reply to this message... > > > > > > > > It appears to me that Hotmail is no > longer accepting ANY > > > canslim messages. > > > For quite some time, both Hotmail and > MSN.com have been > > > sporadic in > > > accepting canslim messages. I would > suggest that each of > > > you avoid both > > > vendors, and instead opt for a free account > at Yahoo.com or > > > Mail.com... > > > > > > > > Jeff - canslim admin/owner - -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. __________________________________________________ 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: Fri, 19 Apr 2002 13:16:24 -0700 (PDT) From: Fanus Subject: Re: [CANSLIM] holdings If you don't have time to analyze stocks, you should invest in mutual funds, or pay someone to do it. This list is not a stock picking one giving freebies away for people who don't want to spend their own time doing research. The list is to discuss and learn CANSLIM principles. - - Fanus - --- Ira Post wrote: > I see your point Katherine, but I don't agree. Most > don't have time to analyze all the stocks they > recommend. People who are interested will analyze > those stocks themselves and people who aren't can > ignore them. No harm done for those who aren't > interested and possibly some benefite to people who > are. > > Ira > ----- Original Message ----- > From: Katherine Malm > To: canslim@lists.xmission.com > Sent: Friday, April 19, 2002 11:43 AM > Subject: Re: [CANSLIM] holdings > > > Chris, > > I think you're misinterpreting the message here. > Nobody is keeping you from posting your "picks" but > I think others would benefit more from your > *analysis* of your picks than a list of stocks > you've purchased. To some, a list of stocks you have > already purchased can simply be *interpreted* as > braggadocio, though I'm not implying in any way that > it was your *intent.* For those who are trying to > learn, the analysis of a winner (or loser) is a > helpful addition to the list. At the same time, > absolutely nobody on the list should feel obligated > to share their own picks or the results of their own > hard work if they do not feel comfortable doing so. > > As to the notion of being a "team," as you have > suggested, I think that's going a bit too far. There > are over 300 people on the list and only about 25 or > 30 active contributors. Most of those people have > never met in person and don't know each other from > Adam. The idea of a team implies common goals, trust > *and* personal familiarity. While it is clear that > those on the list share a seemingly common goal, > "better CANSLIM investing," the interpretation of > that goal is different for each individual. Some > want to better their understanding of CANSLIM in > general, some want to improve mining techniques, > others want to improve fundamental or technical > analysis, others want somebody to do their mining > and analysis for them so as to circumvent the amount > of effort CANSLIM investing normally takes. I don't > see how these and other interpretations I haven't > listed can truly be considered "common goals" in a > team sense and it speaks nothing to the missing > elements of trust and familiarity. > > Katherine > ----- Original Message ----- > From: Vanchee1@aol.com > To: canslim@lists.xmission.com > Sent: Friday, April 19, 2002 10:29 AM > Subject: [CANSLIM] holdings > > > Okay, group I will join your mentality and not > share my stocks picks, its each person for > themselves. Would I say we all don't benefit from > this type of mentality, no, not here. Not to boost > but my average annual return is around 70% for the > last 4 years. So its more of others missing some > winners than me. > We will all just talk about the methodology of > investing, but not talk about the nitty gritty of > picking the winners and making some good dollars, > why would anyone want anyone want to do that. > > Good luck, and hope you can yield your 5% return > goal. > > Chris > __________________________________________________ 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: Fri, 19 Apr 2002 16:22:01 -0400 From: "Duke Miller" Subject: RE: [CANSLIM] stock idea WON's top three priorities, in order: Market. Group. Stock. This group is not anywhere near being in the Top-40. Duke - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com] On Behalf Of Neal Frankle Sent: Friday, April 19, 2002 12:40 PM To: canslim@lists.xmission.com Subject: RE: [CANSLIM] stock idea Thanks, Tom. Quarterly sales/earnings look very stong.The chart looks good to me. Ratings are strong. Weekly chart looks good too. Is that enough to get on the watch list? Neal - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Tom Worley Sent: Friday, April 19, 2002 8:47 AM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] stock idea why do you like it, Neal? Give us some CANSLIM reasons, please. It's certainly not taboo to discuss individual stock picks, but makes the discussion a lot more useful if you present it with your reasons why it is your CANSLIM pick. Tom Worley stkguru@bellsouth.net AIM: TexWorley - ----- Original Message ----- From: "Neal Frankle" To: "Jeff Salisbury" Sent: Friday, April 19, 2002 11:43 AM Subject: [CANSLIM] stock idea I don't know if now its taboo to discuss individual picks.....I suppose this changes and I may have missed the latest decision. ITRI Whadya think? Neal - - - -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: Fri, 19 Apr 2002 14:10:29 -0700 From: Ian Subject: Re: [CANSLIM] holdings This is a multi-part message in MIME format. - --Boundary_(ID_Y44zt88qv7AzxAB8A1vZ9g) Content-type: text/plain; charset=iso-8859-1 Content-transfer-encoding: 7BIT "this is not really the time to buy stock not unless you are a gambler and get a thrill out of losing money" My percentage of winners to losers hasn't been this high in a loooong time. After being dogged hard work since Feb 2000, I'm finally starting to feel like its getting a bit 'easier'. It feels like a strong 'M' to me. And I'm reinforced in my view when MSFT can go up on the garbage outlook they gave last night - i.e, its nice to know that I don't have to lose sleep over broad-based panic selloffs. Ian PS - I 'bottom-fished' PENN at $10 just 16 months ago, and sold it for a wash, saying to myself: "bottom-fishing isn't CANSLIM, bottom-fishing isn't CANSLIM", in spite of their fabulous fundamentals at the time. The change in average-daily-volume since its real breakout at around $18 last April has been impressive. That's when I "should" have bought it - I suspect the fact that I'd sold it at $10 just 4 months earlier held me back - another valid reason for not bottom-fishing: it might effect your future trades! ----- Original Message ----- From: david frank To: canslim@lists.xmission.com Sent: Friday, April 19, 2002 11:42 AM Subject: Re: [CANSLIM] holdings Chris, if you all kicked butt on wall street-what has happened to that group??? personally,i like PENN, although it broke out this morning at 38.80. had a flat base than small cup with great fundamentals and high industry group. that being said-this is not really the time to buy stock not unless you are a gambler and get a thrill out of losing money. for every DFXI, there are many more that you will lose a lot of money on if you don't cut your losses. david -Original Message ----- From: Vanchee1@aol.com To: canslim@lists.xmission.com Sent: Friday, April 19, 2002 11:04 AM Subject: Re: [CANSLIM] holdings Katherine, comments from a different angle, well put and you do make a lot of sense. I sometimes just get a little frustrated that we don't have a watch list, and we don't quickly identify breakouts to each other. Years ago I was part of another CANSLIM group and we really kick butt on wall street, we did have a watch list and we all immediately noted and discussed breakouts. I just have to realize that the dynamics with this group is different and not try to change things. Your input is appreciated, Chris. - --Boundary_(ID_Y44zt88qv7AzxAB8A1vZ9g) Content-type: text/html; charset=iso-8859-1 Content-transfer-encoding: 7BIT
"this is not really the time to buy stock not unless you are a gambler and get a thrill out of losing money"
 
My percentage of winners to losers hasn't been this high in a loooong time. After being dogged hard work since Feb 2000, I'm finally starting to feel like its getting a bit 'easier'. It feels like a strong 'M' to me. And I'm reinforced in my view when MSFT can go up on the garbage outlook they gave last night - i.e, its nice to know that I don't have to lose sleep over broad-based panic selloffs.
 
Ian
 
 
PS - I 'bottom-fished' PENN at $10 just 16 months ago, and sold it for a wash, saying to myself: "bottom-fishing isn't CANSLIM, bottom-fishing isn't CANSLIM", in spite of their fabulous fundamentals at the time. The change in average-daily-volume since its real breakout at around $18 last April has been impressive. That's when I "should" have bought it - I suspect the fact that I'd sold it at $10 just 4 months earlier held me back - another valid reason for not bottom-fishing: it might effect your future trades!
 
 
----- Original Message -----
Sent: Friday, April 19, 2002 11:42 AM
Subject: Re: [CANSLIM] holdings

Chris, if you all kicked butt on wall street-what has happened to that group??? personally,i like PENN, although it broke out this morning at 38.80. had a flat base than small cup with great fundamentals and high industry group. that being said-this is not really the time to buy stock not unless you are a gambler and get a thrill out of losing money. for every DFXI, there are many more that you will lose a lot of money on if you don't cut your losses. david -Original Message -----
Sent: Friday, April 19, 2002 11:04 AM
Subject: Re: [CANSLIM] holdings

Katherine, comments from a different angle, well put and you do make a lot of sense. I sometimes just get a little frustrated that we don't have a watch list, and we don't quickly identify breakouts to each other. Years ago I was part of another CANSLIM group and we really kick butt on wall street, we did have a watch list and we all immediately noted and discussed breakouts. I just have to realize that the dynamics with this group is different and not try to change things.

Your input is appreciated,  Chris.
- --Boundary_(ID_Y44zt88qv7AzxAB8A1vZ9g)-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Fri, 19 Apr 2002 16:47:02 -0500 From: "Fred Richards" Subject: RE: [CANSLIM] DFXI again Your problem is that you did not repurchase when it went back through your stop loss point! Many investors and/or traders fail this basic test. - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Dave Rubin Sent: Friday, April 19, 2002 10:44 AM To: canslim@lists.xmission.com Subject: [CANSLIM] DFXI again Bought DFXI on 3/28 breakout. Sold for loss on 4/4. Sat back and watched the stock surge higher, now hitting new highs on volume. Kicking myself for following CANSLIM rules. I know WON says this will happen but nevertheless it is discouraging. It's happened many times to me already. Each time it makes me want to throw CANSLIM out the window. I'm trying to ignore my emotions and do a constructive post-mortem. Did I buy wrong? I don't think so -- it was a nice cup-handle breakout and I bought within 5% of the pivot. Did I bail too soon? Maybe. I know you're supposed to cut losses at 8% period. But in this case on 4/4 it dropped below 8% only intraday, then it surged to recover above the pivot. In reviewing past similar trades, intraday activity has often been the cause. Many times a stock will shake out intraday only to recover before the day is done. So I wonder, should the 8% sell rule be applied on closing prices only? In this case, if I waited until the end of trading on 4/4, I'd still be in DFXI and enjoying the ride. Or maybe, should you simply ignore the first hour or two of trading during the day? It seems to me in many cases, early trading is very volatile and it's probably best to just sit on the sidelines until after lunch. - -- Dave _________________________________________________________ Do You Yahoo!? Get your free @yahoo.com address at http://mail.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. - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Fri, 19 Apr 2002 16:59:01 -0500 From: "Logan, Scott L." Subject: RE: [CANSLIM] DFXI again Fred, You are saying that if all the reasons I originally purchased the stock are in place, then repurchase at my original price on the way back up? I have been a little confused on this issue. Scott - -----Original Message----- From: Fred Richards [mailto:adrich@gte.net] Sent: Friday, April 19, 2002 4:47 PM To: canslim@lists.xmission.com Subject: RE: [CANSLIM] DFXI again Your problem is that you did not repurchase when it went back through your stop loss point! Many investors and/or traders fail this basic test. - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Dave Rubin Sent: Friday, April 19, 2002 10:44 AM To: canslim@lists.xmission.com Subject: [CANSLIM] DFXI again Bought DFXI on 3/28 breakout. Sold for loss on 4/4. Sat back and watched the stock surge higher, now hitting new highs on volume. Kicking myself for following CANSLIM rules. I know WON says this will happen but nevertheless it is discouraging. It's happened many times to me already. Each time it makes me want to throw CANSLIM out the window. I'm trying to ignore my emotions and do a constructive post-mortem. Did I buy wrong? I don't think so -- it was a nice cup-handle breakout and I bought within 5% of the pivot. Did I bail too soon? Maybe. I know you're supposed to cut losses at 8% period. But in this case on 4/4 it dropped below 8% only intraday, then it surged to recover above the pivot. In reviewing past similar trades, intraday activity has often been the cause. Many times a stock will shake out intraday only to recover before the day is done. So I wonder, should the 8% sell rule be applied on closing prices only? In this case, if I waited until the end of trading on 4/4, I'd still be in DFXI and enjoying the ride. Or maybe, should you simply ignore the first hour or two of trading during the day? It seems to me in many cases, early trading is very volatile and it's probably best to just sit on the sidelines until after lunch. - -- Dave _________________________________________________________ Do You Yahoo!? Get your free @yahoo.com address at http://mail.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. - - - -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: Fri, 19 Apr 2002 17:15:37 -0500 From: Gene Ricci Subject: Re: [CANSLIM] DFXI again This is a multi-part message in MIME format. - ------=_NextPart_000_07EF_01C1E7C5.D2AED010 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Fred, he's not unique... it's very difficult to follow rules as well as = the mental issues to get back in a stock... after being out of without = looking to see if the chart pattern is favorable. How do you get around = that? Gene ----- Original Message -----=20 From: Fred Richards=20 To: canslim@lists.xmission.com=20 Sent: Friday, April 19, 2002 4:47 PM Subject: RE: [CANSLIM] DFXI again Your problem is that you did not repurchase when it went back through = your stop loss point! Many investors and/or traders fail this basic test. -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Dave Rubin Sent: Friday, April 19, 2002 10:44 AM To: canslim@lists.xmission.com Subject: [CANSLIM] DFXI again Bought DFXI on 3/28 breakout. Sold for loss on 4/4. Sat back and = watched the stock surge higher, now hitting new highs on volume. Kicking myself = for following CANSLIM rules. I know WON says this will happen but nevertheless it is discouraging. = It's happened many times to me already. Each time it makes me want to throw CANSLIM out the window. I'm trying to ignore my emotions and do a constructive post-mortem. = Did I buy wrong? I don't think so -- it was a nice cup-handle breakout and I bought within 5% of the pivot. Did I bail too soon? Maybe. I know = you're supposed to cut losses at 8% period. But in this case on 4/4 it = dropped below 8% only intraday, then it surged to recover above the pivot. In reviewing past similar trades, intraday activity has often been the cause. Many times a stock will shake out intraday only to recover = before the day is done. So I wonder, should the 8% sell rule be applied on closing prices = only? In this case, if I waited until the end of trading on 4/4, I'd still be = in DFXI and enjoying the ride. Or maybe, should you simply ignore the first hour or two of trading = during the day? It seems to me in many cases, early trading is very volatile = and it's probably best to just sit on the sidelines until after lunch. -- Dave _________________________________________________________ Do You = Yahoo!? Get your free @yahoo.com address at http://mail.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. - -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_07EF_01C1E7C5.D2AED010 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Fred, he's not unique... it's = very=20 difficult to follow rules as well as the mental issues to get back = in=20 a stock...  after being out of without looking to see if = the=20 chart pattern is favorable. How do you get around that?
 
Gene
 
----- Original Message -----
From:=20 Fred = Richards
Sent: Friday, April 19, 2002 = 4:47=20 PM
Subject: RE: [CANSLIM] DFXI = again

Your problem is that you did not repurchase when it = went back=20 through your
stop loss point!  Many investors and/or traders = fail this=20 basic test.

-----Original Message-----
From: owner-canslim@lists.xmis= sion.com
[mailto:owner-canslim@lists.xmission.com]On=20 Behalf Of Dave Rubin
Sent: Friday, April 19, 2002 10:44 AM
To: = canslim@lists.xmission.com=
Subject:=20 [CANSLIM] DFXI again


Bought DFXI on 3/28 breakout. Sold for = loss on=20 4/4. Sat back and watched the
stock surge higher, now hitting new = highs on=20 volume. Kicking myself for
following CANSLIM rules.

I know = WON says=20 this will happen but nevertheless it is discouraging. It's
happened = many=20 times to me already. Each time it makes me want to throw
CANSLIM = out the=20 window.

I'm trying to ignore my emotions and do a constructive=20 post-mortem. Did I
buy wrong? I don't think so -- it was a nice = cup-handle=20 breakout and I
bought within 5% of the pivot. Did I bail too soon? = Maybe. I=20 know you're
supposed to cut losses at 8% period. But in this case = on 4/4 it=20 dropped
below 8% only intraday, then it surged to recover above the = pivot.

In reviewing past similar trades, intraday activity has = often=20 been the
cause. Many times a stock will shake out intraday only to = recover=20 before the
day is done.

So I wonder, should the 8% sell rule = be=20 applied on closing prices only? In
this case, if I waited until the = end of=20 trading on 4/4, I'd still be in DFXI
and enjoying the = ride.

Or=20 maybe, should you simply ignore the first hour or two of trading = during
the=20 day? It seems to me in many cases, early trading is very volatile = and
it's=20 probably best to just sit on the sidelines until after=20 = lunch.

--
Dave

 ___________________________________= ______________________=20 Do You Yahoo!?
Get your free @yahoo.com address at http://mail.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.


-
-To = subscribe/unsubscribe, email=20 "majordomo@xmission.com"
-In= =20 the email body, write "subscribe canslim" or
-"unsubscribe = canslim". =20 Do not use quotes in your email.
- ------=_NextPart_000_07EF_01C1E7C5.D2AED010-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Fri, 19 Apr 2002 17:57:13 -0500 From: "david frank" Subject: Re: [CANSLIM] holdings This is a multi-part message in MIME format. - ------=_NextPart_000_014F_01C1E7CB.A2683440 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable i wonder what stocks you have been buying and at what pivot points? and = what is CANSLIM about buying stocks now other than what you "feel"? = david ----- Original Message -----=20 From: Ian=20 To: canslim@lists.xmission.com=20 Sent: Friday, April 19, 2002 4:10 PM Subject: Re: [CANSLIM] holdings "this is not really the time to buy stock not unless you are a gambler = and get a thrill out of losing money" My percentage of winners to losers hasn't been this high in a loooong = time. After being dogged hard work since Feb 2000, I'm finally starting = to feel like its getting a bit 'easier'. It feels like a strong 'M' to = me. And I'm reinforced in my view when MSFT can go up on the garbage = outlook they gave last night - i.e, its nice to know that I don't have = to lose sleep over broad-based panic selloffs. Ian PS - I 'bottom-fished' PENN at $10 just 16 months ago, and sold it for = a wash, saying to myself: "bottom-fishing isn't CANSLIM, bottom-fishing = isn't CANSLIM", in spite of their fabulous fundamentals at the time. The = change in average-daily-volume since its real breakout at around $18 = last April has been impressive. That's when I "should" have bought it - = I suspect the fact that I'd sold it at $10 just 4 months earlier held me = back - another valid reason for not bottom-fishing: it might effect your = future trades! ----- Original Message -----=20 From: david frank=20 To: canslim@lists.xmission.com=20 Sent: Friday, April 19, 2002 11:42 AM Subject: Re: [CANSLIM] holdings Chris, if you all kicked butt on wall street-what has happened to = that group??? personally,i like PENN, although it broke out this morning = at 38.80. had a flat base than small cup with great fundamentals and = high industry group. that being said-this is not really the time to buy = stock not unless you are a gambler and get a thrill out of losing money. = for every DFXI, there are many more that you will lose a lot of money on = if you don't cut your losses. david -Original Message -----=20 From: Vanchee1@aol.com=20 To: canslim@lists.xmission.com=20 Sent: Friday, April 19, 2002 11:04 AM Subject: Re: [CANSLIM] holdings Katherine, comments from a different angle, well put and you do = make a lot of sense. I sometimes just get a little frustrated that we = don't have a watch list, and we don't quickly identify breakouts to each = other. Years ago I was part of another CANSLIM group and we really kick = butt on wall street, we did have a watch list and we all immediately = noted and discussed breakouts. I just have to realize that the dynamics = with this group is different and not try to change things. Your input is appreciated, Chris.=20 - ------=_NextPart_000_014F_01C1E7CB.A2683440 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
i wonder what stocks you have been = buying and at=20 what pivot points? and what is CANSLIM about buying stocks now other = than what=20 you "feel"? david
----- Original Message -----
From:=20 Ian =
Sent: Friday, April 19, 2002 = 4:10=20 PM
Subject: Re: [CANSLIM] = holdings

"this is not really the time to buy stock not = unless you are=20 a gambler and get a thrill out of losing money"
 
My percentage of winners to losers hasn't been = this high in=20 a loooong time. After being dogged hard work since Feb 2000, I'm = finally=20 starting to feel like its getting a bit 'easier'. It feels like a = strong 'M'=20 to me. And I'm reinforced in my view when MSFT can go up on the = garbage=20 outlook they gave last night - i.e, its nice to know that I don't have = to lose=20 sleep over broad-based panic selloffs.
 
Ian
 
 
PS - I 'bottom-fished' PENN at $10 just 16 months = ago, and=20 sold it for a wash, saying to myself: "bottom-fishing isn't CANSLIM,=20 bottom-fishing isn't CANSLIM", in spite of their fabulous fundamentals = at the=20 time. The change in average-daily-volume since its real breakout at = around $18=20 last April has been impressive. That's when I "should" have bought it = - - I=20 suspect the fact that I'd sold it at $10 just 4 months earlier held me = back -=20 another valid reason for not bottom-fishing: it might effect your = future=20 trades!
 
 
----- Original Message -----
From:=20 david frank
Sent: Friday, April 19, 2002 = 11:42=20 AM
Subject: Re: [CANSLIM] = holdings

Chris, if you all kicked butt on = wall=20 street-what has happened to that group??? personally,i like PENN, = although=20 it broke out this morning at 38.80. had a flat base than small = cup with=20 great fundamentals and high industry group. that being = said-this is not=20 really the time to buy stock not unless you are a gambler and get a = thrill=20 out of losing money. for every DFXI, there are many more that you = will lose=20 a lot of money on if you don't cut your losses. = david -Original=20 Message -----
From:=20 Vanchee1@aol.com
To: canslim@lists.xmission.com= =20
Sent: Friday, April 19, = 2002 11:04=20 AM
Subject: Re: [CANSLIM] = holdings

Katherine, = comments from a=20 different angle, well put and you do make a lot of sense. I = sometimes just=20 get a little frustrated that we don't have a watch list, and we = don't=20 quickly identify breakouts to each other. Years ago I was part of = another=20 CANSLIM group and we really kick butt on wall street, we did have = a watch=20 list and we all immediately noted and discussed breakouts. I just = have to=20 realize that the dynamics with this group is different and not try = to=20 change things.

Your input is appreciated,  Chris.=20 =
- ------=_NextPart_000_014F_01C1E7CB.A2683440-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ End of canslim-digest V2 #2330 ****************************** 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.