From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #2700 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 31 2002 Volume 02 : Number 2700 In this issue: [CANSLIM] buying/bear/new bull Re: [CANSLIM] Institutional Ownership Re: [CANSLIM] Today's big picture/m Re: [CANSLIM] DCOM - B/O rules Re: [CANSLIM] Cramer-off topic ---------------------------------------------------------------------- Date: Wed, 31 Jul 2002 20:26:36 -0400 From: "Ann" Subject: [CANSLIM] buying/bear/new bull I gleaned the following from Investors Corner, HTMMIS (3rd ed.), notes, Duke's TV transcription, and various messages sent by the wise and experienced contributors to this list over the past few weeks/months! Please correct me if any of the info is wrong. It's also not very well organized. ******** CANSLIM Buying at the end of Bear Market 7/02 Go beyond Follow Through Day for guarantee of M returning. Bases may go as low as 40-50% if huge prior advance. Base may not have handle during beginning of Bull. Stocks may try to stage breakout from deep within bases. See whether they can break the resistance. (2/3 of those won't make it, WON says elsewhere) Flat bases may be especially powerful (refused to go lower in Bear). Also, base-on-base formations, ascending bases. Ok if handle is down 20-30%; some handles may form higher than left rim. But cup and handle should still be proportional. Bases may be formed below all-time high. Look for healthy, long base. Look for base patterns which deteriorated the least during the Bear (abnormal strength in weak market), hold up as well as, or better than averages. Buy within 2-3% of pivot point. No pyramiding until the Bull is well underway. Beware of faults in bases-wide, loose bases; or bases that are too short. Odds of success lower if stock breaks out to 52-week high (not all-time high), but some turnarounds or cyclicals become winners, due to change in M or fundies. Look for other positive factors. Bases may take years to reach old highs. In emerging Bull, stock may gap up on b.o. Can buy, but put less money in than you usually do, for protection. Only sell if drops below your pivot. If pulls back on lighter volume, it's ok. WON (on Kudlow and Cramer): I would be looking for stocks that have 10-12 quarters in a row of earnings up with acceleration in earnings. (Thanks, Duke.) Elsewhere, I had written down 5-10 consecutive quarters of sustained profit growth and accelerating growth rates. Stocks whose earnings estimates buck the trends. Ann - - - -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, 31 Jul 2002 20:28:53 -0400 From: "Ann" Subject: Re: [CANSLIM] Institutional Ownership This is a multi-part message in MIME format. - ------=_NextPart_000_008F_01C238D0.E31EE140 Content-Type: multipart/alternative; boundary="----=_NextPart_001_0090_01C238D0.E31EE140" - ------=_NextPart_001_0090_01C238D0.E31EE140 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable But, seriously, it would be odd for WON to cite all those institutions = and then not include them in his percentages, wouldn't it?? Hmmmm.....Or = maybe he just includes the biggies. So much for us puny little retail investors! ----- Original Message -----=20 From: Gene Ricci=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, July 31, 2002 8:30 PM Subject: Re: [CANSLIM] Institutional Ownership Ann, if DGO is not counting all of the categories from your list.... = their % ownership is way understated !!!! Here is the ownership data block from DGO... =20 =20 Shares Held by Management Represents the percent of total outstanding stock (capitalization) = owned by company officials.=20 Item appears as "Mgmt" on the Datablock Shares Held by Banks Represents the percentage of stock owned by institutional banks. This = amount is based on the floating supply of stock (total shares = outstanding less insider positions and percent held by management). This = information is reported quarterly by approximately 250 banks=20 Shares Held by Mutual Funds Represents the percentage of stock owned by mutual funds. This amount = is based on the floating supply of stock (total shares outstanding less = insider positions and percent held by management).=20 Item appears as "Funds" on the Datablock of a Daily Graphs chart. regards, Gene ----- Original Message -----=20 From: Ann=20 To: CANSLIM Listserv=20 Sent: Wednesday, July 31, 2002 7:03 PM Subject: Fw: [CANSLIM] Institutional Ownership I forgot to mention that they state that *not* included in the list = are: newsletters analysts brokerage research reports investment advisory services (don't know the difference between that and "large investment = counselors", who are included) ----- Original Message -----=20 From: Ann=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, July 31, 2002 8:01 PM Subject: Re: [CANSLIM] Institutional Ownership I've been taking notes on all my stocked up Investors Corners, = HTMMIS notes, etc., and WON and his cohorts talk about institutions as: mutual funds banks corporate pension funds insurance companies large investment counselors hedge funds bank trust depts. state, charitable, and education institutions university endowments Ann ----- Original Message -----=20 From: Chazmoore@aol.com=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, July 31, 2002 7:36 PM Subject: Re: [CANSLIM] Institutional Ownership Gene: I could be wrong about this but I think there are many = different types of institutions other than banks and mutual funds. For = example, how about pension funds and insurance companies, to name a few. = I think WON and DGO places an emphasis on mutual funds because of their = research capabilities. Like I said I could be wrong but that would = explain the big differences between mutual fund/bank ownership and the = total institutional ownership.=20 Charley=20 - ------=_NextPart_001_0090_01C238D0.E31EE140 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
But, seriously, it would be odd for WON to cite all = those=20 institutions and then not include them in his percentages, wouldn't it?? = Hmmmm.....Or maybe he just includes the biggies.
So much for us puny little retail = investors!
----- Original Message -----
From:=20 Gene = Ricci
To: canslim@lists.xmission.com=
Sent: Wednesday, July 31, 2002 = 8:30=20 PM
Subject: Re: [CANSLIM] = Institutional=20 Ownership

Ann, if DGO is not counting all of = the=20 categories from your list.... their % ownership is way understated=20 !!!!
 
Here is the ownership data block = from=20 DGO... 
 
 
 =20

Shares Held by Management

Represents the percent of total outstanding stock (capitalization) = owned by=20 company officials.=20

Item appears as "Mgmt" on the Datablock

Shares Held by Banks

Represents the percentage of stock owned by institutional banks. = This=20 amount is based on the floating supply of stock (total shares = outstanding less=20 insider positions and percent held by management). This information is = reported quarterly by approximately 250 banks

 

Shares Held by Mutual Funds

Represents the percentage of stock owned by mutual funds. This = amount is=20 based on the floating supply of stock (total shares outstanding less = insider=20 positions and percent held by management).=20

Item appears as "Funds" on the Datablock of a Daily Graphs = chart.

 

regards,

Gene

 

 

 
----- Original Message -----
From:=20 Ann
Sent: Wednesday, July 31, = 2002 7:03=20 PM
Subject: Fw: [CANSLIM] = Institutional=20 Ownership

I forgot to mention that they state that *not* = included in=20 the list are:
 
newsletters
analysts
brokerage research reports
investment advisory services
(don't know the difference between that and = "large=20 investment counselors", who are included)
 
----- Original Message -----=20
From: = Ann
Sent: Wednesday, July 31, 2002 8:01 PM
Subject: Re: [CANSLIM] Institutional = Ownership

I've been taking notes on all my stocked up = Investors=20 Corners, HTMMIS notes, etc., and WON and his cohorts talk about = institutions=20 as:
 
mutual funds
banks
corporate pension funds
insurance companies
large investment counselors
hedge funds
bank trust depts.
state, charitable, and education = institutions
university endowments
 
Ann
----- Original Message ----- =
From:=20 Chazmoore@aol.com
To: canslim@lists.xmission.com= =20
Sent: Wednesday, July 31, = 2002 7:36=20 PM
Subject: Re: [CANSLIM] = Institutional=20 Ownership

Gene: I = could be=20 wrong about this but I think there are many different types of=20 institutions other than banks and mutual funds. For example, how = about=20 pension funds and insurance companies, to name a few. I think WON = and DGO=20 places an emphasis on mutual funds because of their research = capabilities.=20 Like I said I could be wrong but that would explain the big = differences=20 between mutual fund/bank ownership and the total institutional = ownership.=20
Charley =
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------=_NextPart_000_008F_01C238D0.E31EE140-- - - - -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, 31 Jul 2002 23:25:46 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] Today's big picture/m This is a multi-part message in MIME format. - ------=_NextPart_000_00CB_01C238E9.992947B0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Eric, I think the action on stocks like MSFT, C, and JPM simply confirm = what many have been saying, that is, the past leaders will not be the = leaders whenever we truly break free of this bear market. In the meantime, they will still see strong institutional support on = rallies, as they are very liquid, "big" names, "safe" stocks, especially = as a haven. So those money managers that cannot think, or read a chart, = won't hesitate to jump into them, and right back out again when they = fail to continue higher. - ----- Original Message -----=20 From: Eric Jaenike=20 To: canslim group=20 Sent: Wednesday, July 31, 2002 11:33 AM Subject: [CANSLIM] Today's big picture/m A quick note on today's Big Picture. Referring to action on the S&P, the = author states that price/volume action implies "mild accumulation". I = strongly disagree with that. I consider the action on that index to be a = sign of distribution as well, as it is indicative of stalling action. = From HTMMIS, 2nd edition, pg. 50: "On one of the days in the uptrend, = the total volume for the market will increase over the preceding day's = high volume, but the Dow's (or any index) closing average will show = stalling action, or substantially less upward movement, than on the = prior few days". One other note: the Nasdaq is the only primary index to have flashed a = follow through (not including the S&P 600). It also was the index that = experienced the nasty give back last Thursday. That giveback was not a = good sign. Also, the news that drove the giveback was ominous: Taiwan = Semiconductor, the largest chip fab in the industry, announced a nasty = revenue miss, revenue guidedown, capex reduction, and capacity = utilization reduction to 70%. That is a terrible sign for the chip = industry going forward. Also of interest is the NVDA miss last night, as = they sell into the PC industry (as well as to Xbox, but I consider that = to be an unimportant segment). So far, I consider the action in this latest rally to be very poor. For = those interested in another item to watch, I think the action in MSFT, = C, and JPM are of some importance (as well as the XLF in general). Their = breaks and subsequent (poor) rebounds are, in my opinion, an important = tell on where the market is. Eric - -------------------------------------------------------------------------= - ------- Do You Yahoo!? Yahoo! Health - Feel better, live better - ------=_NextPart_000_00CB_01C238E9.992947B0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Eric, I think the action on stocks like MSFT, C, = and JPM=20 simply confirm what many have been saying, that is, the past leaders = will not be=20 the leaders whenever we truly break free of this bear = market.
 
In the meantime, they will still see strong = institutional=20 support on rallies, as they are very liquid, "big" names, "safe" stocks, = especially as a haven. So those money managers that cannot think, or = read a=20 chart, won't hesitate to jump into them, and right back out again when = they fail=20 to continue higher.
 
----- Original Message -----=20
From: Eric = Jaenike=20
To: canslim group
Sent: Wednesday, July 31, 2002 11:33 AM
Subject: [CANSLIM] Today's big picture/m

A quick note on today's Big Picture. Referring to action on the = S&P, the=20 author states that price/volume action implies "mild accumulation". I = strongly=20 disagree with that. I consider the action on that index to be a sign of=20 distribution as well, as it is indicative of stalling action. From = HTMMIS,=20 2nd edition, pg. 50: "On one of the days in the uptrend, the total = volume for=20 the market will increase over the preceding day's high volume, but the = Dow's (or=20 any index) closing average will show stalling action, or substantially = less=20 upward movement, than on the prior few days".

One other note: the Nasdaq is the only primary index to have flashed = a follow=20 through (not including the S&P 600). It also was the index that = experienced=20 the nasty give back last Thursday. That giveback was not a good sign. = Also, the=20 news that drove the giveback was ominous: Taiwan Semiconductor, the = largest chip=20 fab in the industry, announced a nasty revenue miss, revenue guidedown, = capex=20 reduction, and capacity utilization reduction to 70%. That is a terrible = sign=20 for the chip industry going forward. Also of interest is the NVDA miss = last=20 night, as they sell into the PC industry (as well as to Xbox, but I = consider=20 that to be an unimportant segment).

So far, I consider the action in this latest rally to be very poor. = For those=20 interested in another item to watch, I think the action in MSFT, C, and = JPM are=20 of some importance (as well as the XLF in general). Their breaks and = subsequent=20 (poor) rebounds are, in my opinion, an important tell on where the = market=20 is.

Eric


Do You Yahoo!?
Yahoo! = Health -=20 Feel better, live better - ------=_NextPart_000_00CB_01C238E9.992947B0-- - - - -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, 31 Jul 2002 10:03:00 -0500 From: michael_niemotka@baxter.com Subject: Re: [CANSLIM] DCOM - B/O rules DCOM is down right now, 3% as of this writing, and it looks like the markets are negative...seems like we just can't catch a break! Mike Niemotka , PE Sr. Principal Engineer Baxter Healthcare Corporation Route 120 & Wilson Road Round Lake, IL 60073 Tel (847) 270-4075 Fax (847) 270-4525 michael_niemotka@baxter.com "Jack Tencza" To: canslim@lists.xmission.com Sent by: cc: owner-canslim@lists.xm Subject: Re: [CANSLIM] DCOM - B/O rules ission.com 07/31/2002 08:39 AM Please respond to canslim Thanks Tom. I was looking for 26 on the 29th which is .10 above the pivot point per the book. I use these discussions as conformation that I'm actually learning the CANSLIM rules/process. Your messages are one of the several I read thoroughly and got into too much "by the book" with your email earlier today. Thanks for helping us new lads. It's very much appreciated. - --- Tom Worley wrote: > I did reply, Jack, July 10, 2002 - came thru fine > here. Hit a high of 25.90, > closed at 25.50. A break over 25.90, which happened > July 29, 2002, would > signal a break out. However, volume that day was not > heavy enough for me, > and only eclipsed the mid point by 4 cents, so > combine that with shaky "M" > and it would have been wiser to wait for the better > price action and volume > yesterday. > > Of course, today may take all that logic and > reasoning off the table > > ----- Original Message ----- > From: "Jack Tencza" > To: > Sent: Wednesday, July 31, 2002 7:45 AM > Subject: Re: [CANSLIM] DCOM - B/O rules > > > Tom,did you mean to reply with your previous reply? > > I too am a little fuzzy on what the the pivot point > is > with DCOM. The midpoint between the two dips seems > to > be 25.90 with the pivot being .10 above? Would > appreciate some help from someone? > > Many thanks. > > > > --- Tom Worley wrote: > > 7/10/02 > > > > ----- Original Message ----- > > From: "Jack Tencza" > > To: > > Sent: Wednesday, July 31, 2002 7:29 AM > > Subject: Re: [CANSLIM] DCOM - B/O rules > > > > > > Tom, what date are you using for midpoint between > > the > > two dips with DCOM? Thanks > > --- Tom Worley wrote: > > > I have to agree with IBD on this one, Mike. No > > cup > > > & handle, definitely would call this a double > > > bottom. Keep in mind with a double bottom that > > you > > > don't want two dips of equal depth, rather you > > want > > > the second one undercutting the first. Same with > a > > > triple bottom. In this case, the second dip > > reached > > > its bottom on a reversal day and closed up. > > However > > > volume was not that impressive. > > > > > > An aggressive investor (and would take one in > this > > > market) could have bought on 7/29, as it did > trade > > > over the high of the high of the center point of > > the > > > "W" (but only by 4 cents, and volume not > > > impressive). But yesterday's volume and price > > > movement would mark this in my books as a b/o > from > > a > > > double bottom. > > > > > > ----- Original Message ----- > > > From: Katherine Malm > > > To: canslim@lists.xmission.com > > > Sent: Wednesday, July 31, 2002 6:47 AM > > > Subject: Re: [CANSLIM] DCOM - B/O rules > > > > > > > > > Hi Mike, > > > > > > Here's a quote from today's "Big Picture" > > > Dime Community Bancshares (DCOM), which was > > > highlighted in Monday evening's WebLink, broke > out > > > of a 10-week, double-bottom base. The stock > > climbed > > > 1.46 to 26.90 on more than four times normal > > volume. > > > > > > Katherine > > > > > > ----- Original Message ----- > > > From: Mike Gibbons > > > To: canslim@lists.xmission.com > > > Sent: Tuesday, July 30, 2002 11:37 PM > > > Subject: RE: [CANSLIM] DCOM - B/O rules > > > > > > > > > I see it more as a cup-with-handle (but when > the > > > only tool you have is a hammer, everything looks > > > like a nail!) because the two dips were not of > > equal > > > depth, but I'm not sure what the tolerance > limits > > > are. > > > > > > However, as a CwH it formed a pivot at $25.90 > on > > > 7/10. It then went on to dip to a low of $20.20 > in > > > the handle, which was a 22% drop. WON says that > a > > > stock should only correct by at most 15% in the > > > handle (although there are inconsistent > statements > > > on this) so it didn't qualify as a CwH either > (but > > > then virtually nothing has in the last couple of > > > weeks). Nevertheless, todays breakout was very > > > strong and could be buyable up to $27.12 (5% > above > > > pivot). > > > > > > Aloha, > > > > > > Mike Gibbons > > > Proactive Technologies, LLC > > > http://www.proactech.com > > > -----Original Message----- > > > From: owner-canslim@lists.xmission.com > > > [mailto:owner-canslim@lists.xmission.com]On > Behalf > > > Of Katherine Malm > > > Sent: Tuesday, July 30, 2002 2:46 PM > > > To: canslim@lists.xmission.com > > > Subject: Re: [CANSLIM] DCOM - B/O rules > > > > > > > > > Hi Victor, > > > > > > I'll leave the specific analysis of the DCOM > > > chart to somebody else, but in the meantime, > > here's > > > something to get you started: > > > > > > Question > > > Can a double-bottom base have a > > handle, > > > or is it just the start of another base? > > > > > > Answer > > > In a double-bottom base, the pivot > > (buy) > > > point typically occurs when the stock clears the > > > peak in the middle of the W-shaped pattern. > > > Sometimes, double bottoms will form handles > before > > > they reach this point. In those situations, the > > > pivot point is when the stock clears the highest > > > price point in the handle area. The handle > should > > > drift downward slightly and usually form over a > > > period of one to seven weeks. > > > > > > Course 1 in the IBD Learning Center on > > our > > > Web site has a lesson on chart reading. To get > > there > > > directly, go to this link - > > > http://www.investors.com/learn/B09.asp > > > > > > Also, go to our Investor's Corner > > archive > > > entitled "What Can Technical Indicators Tell > Me?" > > to > > > view past articles on this topic - > > > http://www.investors.com/learn/IC.asp#tech > > > > > > Our "Ask Bill O'Neil" archive offers a > > > compilation of Q&A's on the subject of chart > > reading > > > at this link - > > > > > > http://www.investors.com/askBill/Search_ByTopic.asp?TopicID=5 > > > > > > --Katherine > > > > > > ----- Original Message ----- > > > From: vchang@win-invest.com > > > To: canslim@lists.xmission.com > > > Sent: Tuesday, July 30, 2002 7:18 PM > > > Subject: [CANSLIM] DCOM - B/O rules > === message truncated === ===== Jack __________________________________________________ Do You Yahoo!? Yahoo! Health - Feel better, live better http://health.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: Wed, 31 Jul 2002 23:52:00 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] Cramer-off topic I try to follow the new law being crafted carefully, because of its potential effect on EPIQ. As I understand it, the biggest single difference it might cause is forcing the bankruptcy trustees, and the court, to look carefully at an applicant's "future ability" to pay the debts. Where it finds the ability to pay all, or some, of the indebtedness, it can keep the applicant in reorganization rather than approving liquidation (and forgiveness of all debts). This could force more cases to be settled in Chapter 11/13 rather than 7. As far as the shelter afforded by Florida, it is a problem that is well known, and has attracted several major cases where someone poured their entire net worth into a fully paid house, lived in it just over six months, then declared bankruptcy. About the only thing you can't get forgiven in bankruptcy is federal income taxes, so if you are ok there, then you can sell the house once your bankruptcy case is complete, and be back in cash. So far I have seen little effort on Florida's part to eliminate this shelter, so may ultimately depend on Congress to make the homestead exemption more standardized nationally. - ----- Original Message ----- From: "zillagirl" To: Sent: Wednesday, July 31, 2002 3:15 PM Subject: Re: [CANSLIM] Cramer-off topic That's what I mean. This guy on CNBC specifically said the new bankruptcy law being proposed would put a stop to that loophole. The marketwatch article specifically said it wouldn't. It made me feel like the guy on CNBC was trying to get people on the side of the new law by misquoting "just a little". - ----- Original Message ----- From: "Duke Miller" To: Sent: Wednesday, July 31, 2002 11:58 AM Subject: RE: [CANSLIM] Cramer-off topic > The laws relating to housing are state laws, not federal. Here in > Florida, we've become known as a haven for these jerks, because we have > a homestead law that says if you're homesteaded in Florida (reside in > your home here at least 6 months and one day)your home is protected from > any proceedings, like bankruptcy, except drug law violations. One of > our more notorious leading citizens who has taken advantage of this is > none other than OJ Simpson. So we've attracted a bunch like him who > before they're charged or found guilty put whatever millions they can > into a home. (I guess they then live the rest of their lives off the > proceeds of home equity loans!) > > Duke > > -----Original Message----- > From: owner-canslim@lists.xmission.com > [mailto:owner-canslim@lists.xmission.com] On Behalf Of zillagirl > Sent: Wednesday, July 31, 2002 1:34 PM > To: canslim@lists.xmission.com > Subject: Re: [CANSLIM] Cramer-off topic > > > I sometimes get the feeling CNBC doesn't care so much what is said as > long as the conversation keeps moving. They had a guest on yesterday > talking about the new bankruptcy laws-said it would stop all these CEOs > from building 20 million dollar houses and shielding them from > bankruptcy. Yet there was an in-depth article on the marketwatch site > yesterday about what is wrong with the new laws and one of the major > points was that these people would still be shielded while the little > people , out of work, in a recession would have less protection. > ----- Original Message ----- > From: "David Taggart" > To: > Sent: Wednesday, July 31, 2002 9:56 AM > Subject: RE: [CANSLIM] Cramer > > > > They both said it. Cramers old hedge partner endorsed WON's last book > > > 24 essential lessons and their fund was and Berkowitz's still is > > pretty > active > > in the high growth momentum stocks. But Kudlows comment was just > > funny, > he > > knows they only have so much time for the show and yet he asks a > > question that any WON student would know is a waste of time to ask but > > > oh well. > > > > -----Original Message----- > > From: owner-canslim@lists.xmission.com > > [mailto:owner-canslim@lists.xmission.com]On Behalf Of > > Spencer48@aol.com > > Sent: Wednesday, July 31, 2002 9:59 AM > > To: canslim@lists.xmission.com > > Subject: Re: [CANSLIM] Cramer > > > > > > Canslimmers: > > > > I can't believe how many people answered David's E-mail which > > said > that > > Kudlow said that he reads IBD. I saw the show, and am pretty certain > > it > was > > Kramer who said that he (Kramer) reads, and-in effect-is an avid > > follower > of > > WON's theories. > > > > Moreover, I thought I was a pretty apropos question. Not > > everyone subscribes to IBD and knows that WON doesn't pay much > > attention to PEs. Also, I was interested in hearing if WON has changed > > > his opinion on > "...not > > paying attention to PEs"-especially in regard to the earnings scandals > > > in the Bear market. > > > > jans > > > > > > In a message dated Mon, 29 Jul 2002 7:38:45 PM Eastern Standard Time, > > alensing@prodigy.net writes: > > > > > David: > > > > > > Great point! > > > > > > > > > ----- Original Message ----- > > > From: David Taggart > > > To: canslim@lists.xmission.com > > > Sent: Monday, July 29, 2002 7:29 PM > > > Subject: [CANSLIM] Cramer > > > > > > > > > Gotta love the P/E ? Kudlow asked WON about P/E he says I dont > > > really > pay > > attention to it. If he really reads the > > > paper why did he bother asking that question? > > > > > > > > - > > -To subscribe/unsubscribe, email "majordomo@xmission.com" > > -In the email body, write "subscribe canslim" or -"unsubscribe > > canslim". Do not use quotes in your email. > > > > > > - > > -To subscribe/unsubscribe, email "majordomo@xmission.com" > > -In the email body, write "subscribe canslim" or -"unsubscribe > > canslim". Do not use quotes in your email. > > > > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. > > > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. > - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ End of canslim-digest V2 #2700 ****************************** 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.