From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #2560 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 Wednesday, July 3 2002 Volume 02 : Number 2560 In this issue: Re: [CANSLIM] DGO/IBD Re: [CANSLIM] DGO/IBD Re: [CANSLIM] DGO/IBD Re: [CANSLIM] IBD "Bull" Call Re: [CANSLIM] DGO/IBD ---------------------------------------------------------------------- Date: Wed, 3 Jul 2002 07:22:01 -0500 From: "Katherine Malm" Subject: Re: [CANSLIM] DGO/IBD This is a multi-part message in MIME format. - ------=_NextPart_000_00B5_01C22262.52FDCF60 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable I'd add....has a myriad of reports (with proprietary indicators) that = can be exported to Excel for mining, one of which contains approx. 2500 = stocks that appear in the printed version of dailygraphs. Very useful. Katherine PS Tom doesn't mention those because he misplaced his Office = installation CD-ROM and I guess we just haven't given him a hard enough = time about being Excel-less so as to motivate his search! ;)) ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, July 03, 2002 5:40 AM Subject: Re: [CANSLIM] DGO/IBD able to chart any stock you want, when you want, with up to date data. = daily and weekly charts as well. able to see at least some other stocks = in the same industry. for an addl fee, there is now a screener = available, as well as an industry group module (also for an addl fee). ----- Original Message -----=20 From: Duke13139@aol.com=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, July 02, 2002 10:57 AM Subject: [CANSLIM] DGO/IBD I currently subscribe to IBD and have been tempted to subscribe to = DGO. Is there a short list of advantages of DGO over IBD?=20 Thank you, Duke=20 - ------=_NextPart_000_00B5_01C22262.52FDCF60 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
I'd add....has a myriad of reports (with proprietary = indicators) that=20 can be exported to Excel for mining, one of which contains approx. 2500 = stocks=20 that appear in the printed version of dailygraphs. Very useful.
 
Katherine
 
PS Tom doesn't mention those because he misplaced his Office = installation=20 CD-ROM and I guess we just haven't given him a hard enough time about = being=20 Excel-less so as to motivate his search!  ;))
----- Original Message -----
From:=20 Tom=20 Worley
To: canslim@lists.xmission.com=
Sent: Wednesday, July 03, 2002 = 5:40=20 AM
Subject: Re: [CANSLIM] = DGO/IBD

able to chart any stock you want, when you = want, with up=20 to date data. daily and weekly charts as well. able to see at least = some other=20 stocks in the same industry. for an addl fee, there is now a screener=20 available, as well as an industry group module  (also for an addl = fee).
 
----- Original Message -----=20
From: Duke13139@aol.com=20
To: canslim@lists.xmission.com=
Sent: Tuesday, July 02, 2002 10:57 AM
Subject: [CANSLIM] DGO/IBD

I currently subscribe to IBD and have been = tempted to=20 subscribe to DGO. Is there a short list of advantages of DGO over IBD? =

Thank you,
Duke - ------=_NextPart_000_00B5_01C22262.52FDCF60-- - - - -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: Wed, 3 Jul 2002 08:33:09 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] DGO/IBD This is a multi-part message in MIME format. - ------=_NextPart_000_0138_01C2226C.430FB370 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi Katherine, True, I am still Excel-less, but one day will have the house wired for = network, move my PC, extract all my needed files from the old drive = (including Turbotax and Excel) and be all caught up again. And of = course, by then I am sure my work day will settle down into a normal, = stress free, 8 hour work day. By then, Naz should be challenging 5000 = again, and the DOW testing 18,000!! - ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, July 03, 2002 8:22 AM Subject: Re: [CANSLIM] DGO/IBD I'd add....has a myriad of reports (with proprietary indicators) that = can be exported to Excel for mining, one of which contains approx. 2500 = stocks that appear in the printed version of dailygraphs. Very useful. Katherine PS Tom doesn't mention those because he misplaced his Office = installation CD-ROM and I guess we just haven't given him a hard enough = time about being Excel-less so as to motivate his search! ;)) ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, July 03, 2002 5:40 AM Subject: Re: [CANSLIM] DGO/IBD able to chart any stock you want, when you want, with up to date data. = daily and weekly charts as well. able to see at least some other stocks = in the same industry. for an addl fee, there is now a screener = available, as well as an industry group module (also for an addl fee). ----- Original Message -----=20 From: Duke13139@aol.com=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, July 02, 2002 10:57 AM Subject: [CANSLIM] DGO/IBD I currently subscribe to IBD and have been tempted to subscribe to = DGO. Is there a short list of advantages of DGO over IBD?=20 Thank you, Duke=20 - ------=_NextPart_000_0138_01C2226C.430FB370 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Hi Katherine,
 
True, I am still Excel-less, but one day will = have the=20 house wired for network, move my PC, extract all my needed files from = the old=20 drive (including Turbotax and Excel) and be all caught up again. And of = course,=20 by then I am sure my work day will settle down into a normal, stress = free, 8=20 hour work day. By then, Naz should be challenging 5000 again, and the = DOW=20 testing 18,000!!
 
----- Original Message -----=20
From: Katherine Malm=20
Sent: Wednesday, July 03, 2002 8:22 AM
Subject: Re: [CANSLIM] DGO/IBD

I'd add....has a myriad of reports (with proprietary = indicators) that=20 can be exported to Excel for mining, one of which contains approx. 2500 = stocks=20 that appear in the printed version of dailygraphs. Very useful.
 
Katherine
 
PS Tom doesn't mention those because he misplaced his Office = installation=20 CD-ROM and I guess we just haven't given him a hard enough time about = being=20 Excel-less so as to motivate his search!  ;))
----- Original Message -----
From:=20 Tom=20 Worley
Sent: Wednesday, July 03, 2002 = 5:40=20 AM
Subject: Re: [CANSLIM] = DGO/IBD

able to chart any stock you want, when you = want, with up=20 to date data. daily and weekly charts as well. able to see at least = some other=20 stocks in the same industry. for an addl fee, there is now a screener=20 available, as well as an industry group module  (also for an addl = fee).
 
----- Original Message -----=20
From: Duke13139@aol.com=20
Sent: Tuesday, July 02, 2002 10:57 AM
Subject: [CANSLIM] DGO/IBD

I currently subscribe to IBD and have been = tempted to=20 subscribe to DGO. Is there a short list of advantages of DGO over IBD? =

Thank you,
Duke - ------=_NextPart_000_0138_01C2226C.430FB370-- - - - -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: Wed, 3 Jul 2002 07:44:41 -0500 From: "Katherine Malm" Subject: Re: [CANSLIM] DGO/IBD This is a multi-part message in MIME format. - ------=_NextPart_000_00C8_01C22265.7D8E1520 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Morning Tom, uh oh....guess you won't be using Excel again in *my* lifetime! Katherine PS While you're waiting for Nirvana, a 15 year old computer technogeek, = a null modem cable and a copy of LapLink will have your files = transferred in a jiffy. - ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, July 03, 2002 7:33 AM Subject: Re: [CANSLIM] DGO/IBD Hi Katherine, True, I am still Excel-less, but one day will have the house wired for = network, move my PC, extract all my needed files from the old drive = (including Turbotax and Excel) and be all caught up again. And of = course, by then I am sure my work day will settle down into a normal, = stress free, 8 hour work day. By then, Naz should be challenging 5000 = again, and the DOW testing 18,000!! ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, July 03, 2002 8:22 AM Subject: Re: [CANSLIM] DGO/IBD I'd add....has a myriad of reports (with proprietary indicators) that = can be exported to Excel for mining, one of which contains approx. 2500 = stocks that appear in the printed version of dailygraphs. Very useful. Katherine PS Tom doesn't mention those because he misplaced his Office = installation CD-ROM and I guess we just haven't given him a hard enough = time about being Excel-less so as to motivate his search! ;)) ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, July 03, 2002 5:40 AM Subject: Re: [CANSLIM] DGO/IBD able to chart any stock you want, when you want, with up to date = data. daily and weekly charts as well. able to see at least some other = stocks in the same industry. for an addl fee, there is now a screener = available, as well as an industry group module (also for an addl fee). ----- Original Message -----=20 From: Duke13139@aol.com=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, July 02, 2002 10:57 AM Subject: [CANSLIM] DGO/IBD I currently subscribe to IBD and have been tempted to subscribe to = DGO. Is there a short list of advantages of DGO over IBD?=20 Thank you, Duke=20 - ------=_NextPart_000_00C8_01C22265.7D8E1520 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Morning Tom,
 
uh oh....guess you won't be using Excel again in *my* lifetime!=20 <g>
 
Katherine
 
PS While you're waiting for Nirvana, a 15 year old computer = technogeek, a=20 null modem cable and a copy of LapLink will have your files transferred = in a=20 jiffy.
 
----- Original Message -----
From:=20 Tom=20 Worley
Sent: Wednesday, July 03, 2002 = 7:33=20 AM
Subject: Re: [CANSLIM] = DGO/IBD

Hi Katherine,
 
True, I am still Excel-less, but one day will = have the=20 house wired for network, move my PC, extract all my needed files from = the old=20 drive (including Turbotax and Excel) and be all caught up again. And = of=20 course, by then I am sure my work day will settle down into a normal, = stress=20 free, 8 hour work day. By then, Naz should be challenging 5000 again, = and the=20 DOW testing 18,000!!
 
----- Original Message -----=20
From: Katherine Malm=20
Sent: Wednesday, July 03, 2002 8:22 AM
Subject: Re: [CANSLIM] DGO/IBD

I'd add....has a myriad of reports (with proprietary=20 indicators) that can be exported to Excel for mining, one of = which=20 contains approx. 2500 stocks that appear in the printed version of=20 dailygraphs. Very useful.
 
Katherine
 
PS Tom doesn't mention those because he misplaced his Office = installation=20 CD-ROM and I guess we just haven't given him a hard enough time about = being=20 Excel-less so as to motivate his search!  ;))
----- Original Message -----
From:=20 Tom=20 Worley
Sent: Wednesday, July 03, = 2002 5:40=20 AM
Subject: Re: [CANSLIM] = DGO/IBD

able to chart any stock you want, when you = want, with=20 up to date data. daily and weekly charts as well. able to see at = least some=20 other stocks in the same industry. for an addl fee, there is now a = screener=20 available, as well as an industry group module  (also for an = addl=20 fee).
 
----- Original Message -----=20
From: = Duke13139@aol.com
Sent: Tuesday, July 02, 2002 10:57 AM
Subject: [CANSLIM] DGO/IBD

I currently subscribe to IBD and have been = tempted to=20 subscribe to DGO. Is there a short list of advantages of DGO over = IBD?=20

Thank you,
Duke=20
- ------=_NextPart_000_00C8_01C22265.7D8E1520-- - - - -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: Wed, 3 Jul 2002 08:59:06 -0400 From: "J. Lobatto" Subject: Re: [CANSLIM] IBD "Bull" Call This is a multi-part message in MIME format. - ------=_NextPart_000_00A9_01C2226F.E311BD20 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Tom, In more normal markets, I think you're prescription of waiting for = volume and using limits is fine. However, in this kind of a market, I've = seen the spreads widen even further as soon as a whiff of panic (of = which there have been many) hits. I don't think that placing a limit = will safely allow you to sell a micro-cap under these circumstances and = maintain a single digit percentage loss. Unfortunately, the illiquid = nature of micro caps works for you in bull markets (with daily double = digit percentage gains common), but that volatility works against you in = a bear. Am not trashing small caps by any means, just thought a "buyer = beware" clause is necessary. Jon ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, July 03, 2002 6:37 AM Subject: Re: [CANSLIM] IBD "Bull" Call as someone who has been doing nothing but small and micro caps for = years, I agree the spread on them tends to be larger than with mid or = large caps, just as the liquidity tends to be substantially less. The = spread was substantially tightened when we went to decimalization, = helped the small caps far more than the bigger cousins. I deal with = what spread remains either by waiting till there is above average = volume, or by using limits. ----- Original Message -----=20 From: J. Lobatto=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, July 02, 2002 11:42 PM Subject: Re: [CANSLIM] IBD "Bull" Call Although there may be some small caps outperforming the market, the = small cap indices were actually down today more than the Dow or S&P. My = main problem with low price stocks is the relative large spread between = the bid and ask which kills you if and when you are forced to sell in a = down draft. It makes it almost impossible to cut your losses at 7% or so = when the spread is often 5%! Jon ----- Original Message -----=20 From: zillagirl=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, July 02, 2002 10:58 PM Subject: Re: [CANSLIM] IBD "Bull" Call I have a theory on small caps,although Im sure some of you are tired = of hearing from me today.(smile) there is a lot of money to be made in = the right small caps. I would almost bet IBD does research in all caps = - -not just the ones he posts on his site. Esp. for small cap mutual = funds, etc. Some of them have good earnings, new products, the M is on = their side right now compared to the other indexes. Someone is buying = these stocks and making a lot of money on them before they ever hit a = canslim list.(you can buy a lot more shares at 5.00 then with 25.00 = eventhough the risk is greater)If in this market the risk can be = greater. I cant help but think that there is a trading system with = established % on earnings, growth, etc. but it is not available to us. = And Im sure it would not be with the same criteria as the canslim = system we are given. Its great to ride a stock from 5 to 15 or 20 = dollars and then a whole new set of buyers comes in. I could be wrong = but if the research is done I feel it should be made available to = us-buyer beware. In this market when small caps seem to have been hit = the least and canslim seems to be in reverse half the time, we could = use more then 'one day the market will turn' from IBD.I would like to = think bill is protecting us from bad investments but as anyone who read = my posts today can see-my rose colored glasses got broken somewhere. PS = dont get me wrong I love canslim but its like following the indexes-when = they drop - you might have to think about shorting.=20 ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, July 02, 2002 6:15 PM Subject: Re: [CANSLIM] IBD "Bull" Call interesting he avoids mentioning the Russell 2000, is it just too = small for him? ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, July 02, 2002 9:12 PM Subject: Re: [CANSLIM] IBD "Bull" Call Hi Jon, I've often wondered about that same thing as it's certainly not = obvious there's a Bull market anywhere in sight if looking at the = Nasdaq, S&P500 or Dow. Here's an interesting "Ask Bill" from today that = might "explain" their point of view. --Katherine Ask Bill O'Neil 7/2/02 =20 Q: Would you classify the period from late Sept. 2001 to = Jan. 2002 as a "bull market" or a "bear-market rally"? =20 - Submitted from Thornhill, Canada =20 =20 A: The bear market is alive and kicking on the Nasdaq. But = the smaller-cap indexes such as the S&P 600 and S&P MidCap 400 are just = 10% to 11% below their all-time highs. For them, the current decline is = a correction in a bull market. =20 ----- Original Message -----=20 From: J. Lobatto=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, July 02, 2002 8:04 PM Subject: [CANSLIM] IBD "Bull" Call I wonder how long IBD is going to continue running that ad I've = seen there featuring a graphic illustrating how they called the new bull = market last fall??? - ------=_NextPart_000_00A9_01C2226F.E311BD20 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Tom,
 
In more normal markets, I think = you're=20 prescription of waiting for volume and using limits is fine. However, in = this=20 kind of a market, I've seen the spreads widen even further as soon as a = whiff of=20 panic (of which there have been many) hits. I don't think that placing a = limit=20 will safely allow you to sell a micro-cap under these circumstances and = maintain=20 a single digit percentage loss. Unfortunately, the illiquid nature of = micro caps=20 works for you in bull markets (with daily double digit percentage=20 gains common), but that volatility works against you in a bear. Am = not=20 trashing small caps by any means, just thought a "buyer beware" clause = is=20 necessary.
 
Jon
----- Original Message -----
From:=20 Tom=20 Worley
Sent: Wednesday, July 03, 2002 = 6:37=20 AM
Subject: Re: [CANSLIM] IBD = "Bull"=20 Call

as someone who has been doing nothing but = small and=20 micro caps for years, I agree the spread on them tends to be larger = than with=20 mid or large caps, just as the liquidity tends to be substantially = less. The=20 spread was substantially tightened when we went to decimalization, = helped the=20 small caps far more than the bigger cousins.  I deal with what = spread=20 remains either by waiting till there is above average volume, or by = using=20 limits.
 
----- Original Message -----=20
From: J. = Lobatto=20
Sent: Tuesday, July 02, 2002 11:42 PM
Subject: Re: [CANSLIM] IBD "Bull" Call

Although there may be = some small=20 caps outperforming the market, the small cap indices were actually = down today=20 more than the Dow or S&P. My main problem with low price stocks is = the=20 relative large spread between the bid and ask which kills you if and = when you=20 are forced to sell in a down draft. It makes it almost impossible to = cut your=20 losses at 7% or so when the spread is often 5%!
 
Jon
----- Original Message -----
From:=20 zillagirl
Sent: Tuesday, July 02, 2002 = 10:58=20 PM
Subject: Re: [CANSLIM] IBD = "Bull"=20 Call

I have a theory on small = caps,although Im sure=20 some of you are tired of hearing from me today.(smile)  there = is a lot=20 of money to be made in the right small caps. I would almost bet IBD = does=20 research in all caps -not just the ones he posts on his site.  = Esp. for=20 small cap mutual funds, etc. Some of them have good earnings, new = products,=20 the M is on their side right now compared to the other = indexes. Someone=20 is buying these stocks and making a lot of money on them before they = ever=20 hit a canslim list.(you can buy a lot more shares at 5.00 then = with=20 25.00 eventhough the risk is greater)If in this market the risk can = be=20 greater. I cant help but think that there is a trading system with=20 established % on earnings, growth, etc. but it is not available to = us. And=20 Im sure it would not be   with the  same = criteria as the=20 canslim system we are given. Its great to ride a stock from 5 to 15 = or 20=20 dollars and then a whole new set of buyers comes in. I could be = wrong but if=20 the research is done I feel it should be made available to us-buyer=20 beware.  In this market when small caps seem to have been hit = the least=20 and canslim  seems to be in reverse half the time, we could use = more=20 then 'one day the market will turn' from IBD.I would like to think = bill is=20 protecting us from bad investments but as anyone who read my posts = today can=20 see-my rose colored glasses got broken somewhere. PS dont get me = wrong I=20 love canslim but its like following the indexes-when they drop - you = might=20 have to think about shorting.
----- Original Message ----- =
From:=20 Tom=20 Worley
To: canslim@lists.xmission.com= =20
Sent: Tuesday, July 02, = 2002 6:15=20 PM
Subject: Re: [CANSLIM] IBD = "Bull"=20 Call

interesting he avoids mentioning the = Russell 2000,=20 is it just too small for him?
 
----- Original Message -----=20
From: = Katherine=20 Malm
Sent: Tuesday, July 02, 2002 9:12 PM
Subject: Re: [CANSLIM] IBD "Bull" Call

Hi Jon,
 
I've often wondered about that same thing as it's certainly = not=20 obvious there's a Bull market anywhere in sight if looking at the = Nasdaq,=20 S&P500 or Dow. Here's an interesting "Ask Bill" from today = that might=20 "explain" their point of view.
 
--Katherine
 

Ask Bill O'Neil 7/2/02

 
 Q: Would = you classify=20 the period from late Sept. 2001 to Jan. 2002 as a "bull = market" or a=20 "bear-market rally"?    
- Submitted from=20 Thornhill, Canada