From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #2836 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 Tuesday, August 20 2002 Volume 02 : Number 2836 In this issue: Re: [CANSLIM] Home Depot Re: [CANSLIM] Best CNBC Commentators RE: [CANSLIM] CVH RE: [CANSLIM] Best CNBC Commentators RE: [CANSLIM] Best CNBC Commentators RE: [CANSLIM] Best CNBC Commentators [CANSLIM] Question Re: [CANSLIM] Home Depot Re: [CANSLIM] Best CNBC Commentators Re: [CANSLIM] CVH Re: [CANSLIM] CVH Re: [CANSLIM] CVH ---------------------------------------------------------------------- Date: Tue, 20 Aug 2002 08:03:54 -0600 From: "Patrick Wahl" Subject: Re: [CANSLIM] Home Depot So far so good, up over a buck, for a non-canslim trade, it undercut last September's low, so this is one of Sperandeo's 2B trades (if you don't know what it is, don't worry about it, just skip this one). On 20 Aug 2002 at 8:14, Tom Worley wrote: > HD reported this morning, like Lowe's showing excellent growth with earnings > up 28% (3 cents ahead of forecasts) and sales up 12%. Shouldn't be a > surprise, given all the new home owners, but Lowe's is being credited with > yesterday's rally in part. Let's see if HD can take care of Tuesday. - - - -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: Tue, 20 Aug 2002 08:03:52 -0600 From: "Patrick Wahl" Subject: Re: [CANSLIM] Best CNBC Commentators Kernen and Faber just report news, so they are ok. Bartiromo seems to ask inane questions. I try to ignore most of what CNBC has when I do tune in, I admit once in a while after the close I tune in to get a summary of the business news for the day. As far as market moving info and useful opinion, I would forget that angle on CNBC. On 20 Aug 2002 at 0:05, Pipdip21@aol.com wrote: > Who do we think are the best CNBC shows and the best commentators (e.g., > Maria Bartiromo, David Faber and Joe Kernen, Martha MacCallum, Ted David)? > What are their areas of expertise, weaknesses, biases, ability to move > market, etc.? - - - -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: Tue, 20 Aug 2002 09:20:31 -0500 From: "Edward W. Gjertsen II" Subject: RE: [CANSLIM] CVH Hi Katherine, Like I mentioned yesterday - CVH was one we were tracking for awhile, we obviously concur with WON about its qualities. We picked up MME earlier in the week and thought CVH would soon follow. If CVH pulls back around the pivot we will take a bite. Ed Gjertsen II ed@macktracks.com - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com] On Behalf Of Katherine Malm Sent: Tuesday, August 20, 2002 7:10 AM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] CVH Hi All, Just to close the loop on yesterday's CVH discussion---see today's weblink on CVH: www.investors.com/weblink Katherine | : | : Jack | : --- Tom Worley wrote: | : > reading all the emails tonight on this topic, I had | : > assumed this "spike" | : > came at the open. I was quite surprised when I | : > finally got around to looking | : > at a one minute chart of today's trade, and saw it | : > happened late morning. I | : > must agree, from my experience it is highly | : > suspicious of manipulation. | : > | : > ----- Original Message ----- | : > From: "david frank" | : > To: | : > Sent: Monday, August 19, 2002 2:29 PM | : > Subject: Re: [CANSLIM] CVH | : > | : > | : > I got caught in this so-called CVH inbalanced. | : > luckily i had a limit order | : > in place. although limit orders don't work | : > sometimes- because they don't | : > have to execute limit orders, although they are | : > within the price window. of | : > course. there were too many eyes on CVH. i was | : > curious what kind of remedy | : > is there for this specialist's malfeasance, | : > especially for buyers @ 34.50 | : > and above- more than 10 minutes after placing their | : > market orders. david | : > ----- Original Message ----- | : > From: "Edward W. Gjertsen II" | : > To: | : > Sent: Monday, August 19, 2002 11:36 AM | : > Subject: RE: [CANSLIM] CVH | : > | : > | : > > One of the risks with CANSLIM - too many | : > investors ready to pounce on | : > > too few stocks. We have been stalking CVH for | : > quite a while. We put in | : > > an order prior to it reaching its pivot (cheating) | : > when NYSE on level | : > > two showed $32.40 offer. As CANSLIMR's moved in | : > to buy - the specialist | : > > did not open the book until $34.50. The | : > specialist claimed "order | : > > imbalance" but my source at Pershing said he was | : > working another book. | : > > We were quite upset The stock moved over $2.00 on | : > an imbalance of | : > > 110,000 shs. The market maker was caught | : > flatfooted. We quickly sold | : > > out of our position because we were over the 5% | : > threshold. | : > > | : > > Those trading Island or other ECN's may have been | : > filled around | : > > 32.40-32.50. We watch Time and Sales on all our | : > fills and the only | : > > prints were coming from ECN's. With CANSLIM being | : > one of the most | : > > popular strategies for individual investors, | : > execution is becoming more | : > > and more difficult. | : > > | : > > Ed Gjertsen II | : > > ed@macktracks.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. | : | : | : ===== | : Jack | : | : __________________________________________________ | : Do You Yahoo!? | : HotJobs - Search Thousands of New Jobs | : http://www.hotjobs.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. - - - -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: Tue, 20 Aug 2002 09:24:33 -0500 From: "Edward W. Gjertsen II" Subject: RE: [CANSLIM] Best CNBC Commentators Ron Insana is probably one of the best business reporters in the business. His knowledge of market history is impressive. He will interview James Grant, Yale Hirsch and other intellectual types and not miss a beat nor feel intimidated. Ed Gjertsen II ed@macktracks.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: Tue, 20 Aug 2002 08:28:17 -0600 From: "David Taggart" Subject: RE: [CANSLIM] Best CNBC Commentators I hope he doesnt miss a beat talking to James Grant that guy has been predicting a crash since before the markets started :-) But I do agree Insana does a decent job and to think he started out as an aspiring movie producer. - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Edward W. Gjertsen II Sent: Tuesday, August 20, 2002 8:25 AM To: canslim@lists.xmission.com Subject: RE: [CANSLIM] Best CNBC Commentators Ron Insana is probably one of the best business reporters in the business. His knowledge of market history is impressive. He will interview James Grant, Yale Hirsch and other intellectual types and not miss a beat nor feel intimidated. Ed Gjertsen II ed@macktracks.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: Tue, 20 Aug 2002 10:44:38 -0400 From: "Duke Miller" Subject: RE: [CANSLIM] Best CNBC Commentators This is a multi-part message in MIME format. - ------=_NextPart_000_0077_01C24836.9822DA50 Content-Type: text/plain; charset="us-ascii" Content-Transfer-Encoding: 7bit Double Ditto's. Duke - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com] On Behalf Of Mike Gibbons Sent: Tuesday, August 20, 2002 12:54 AM To: canslim@lists.xmission.com Subject: RE: [CANSLIM] Best CNBC Commentators What does this have to do with CANSLIM? 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 Pipdip21@aol.com Sent: Monday, August 19, 2002 6:06 PM To: canslim@lists.xmission.com Subject: [CANSLIM] Best CNBC Commentators Who do we think are the best CNBC shows and the best commentators (e.g., Maria Bartiromo, David Faber and Joe Kernen, Martha MacCallum, Ted David)? What are their areas of expertise, weaknesses, biases, ability to move market, etc.? It would be useful to hear our thoughts on the business network, since so much of the volatility of stocks are driven by the information that floats through the information channles. Derek - ------=_NextPart_000_0077_01C24836.9822DA50 Content-Type: text/html; charset="us-ascii" Content-Transfer-Encoding: quoted-printable Message
Double=20 Ditto's.
 
Duke
 
-----Original Message-----
From:=20 owner-canslim@lists.xmission.com = [mailto:owner-canslim@lists.xmission.com]=20 On Behalf Of Mike Gibbons
Sent: Tuesday, August 20, = 2002=20 12:54 AM
To: canslim@lists.xmission.com
Subject: = RE:=20 [CANSLIM] Best CNBC Commentators

What does this have to do with CANSLIM?
 
Aloha,
 
Mike = Gibbons
Proactive = Technologies,=20 LLC
http://www.proactech.com
-----Original Message-----
From:=20 owner-canslim@lists.xmission.com=20 [mailto:owner-canslim@lists.xmission.com]On Behalf Of=20 Pipdip21@aol.com
Sent: Monday, August 19, 2002 6:06=20 PM
To: canslim@lists.xmission.com
Subject: = [CANSLIM]=20 Best CNBC Commentators



Who do we think are the best CNBC shows and the = best=20 commentators (e.g., Maria Bartiromo, David Faber and Joe Kernen, = Martha=20 MacCallum, Ted David)?  What are their areas of expertise, = weaknesses,=20 biases, ability to move market, etc.?  

It would be = useful to=20 hear our thoughts on the business network, since so much of the = volatility=20 of stocks are driven by the information that floats through the = information=20 channles.

Derek=20
- ------=_NextPart_000_0077_01C24836.9822DA50-- - - - -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: Tue, 20 Aug 2002 10:57:25 -0400 From: "Duke Miller" Subject: [CANSLIM] Question This is a multi-part message in MIME format. - ------=_NextPart_000_007E_01C24838.6154EFC0 Content-Type: multipart/alternative; boundary="----=_NextPart_001_007F_01C24838.6154EFC0" - ------=_NextPart_001_007F_01C24838.6154EFC0 Content-Type: text/plain; charset="us-ascii" Content-Transfer-Encoding: 7bit I know this isn't CANSLIM, but if anybody has any input on Louis Navellier's Blue Chip Growth newsletter, please tell me what you think, off list. Thank you. Duke dukemill@tampabay.rr.com This email, including any attachments, was scanned by Norton Anti-Virus prior to being sent. - ------=_NextPart_001_007F_01C24838.6154EFC0 Content-Type: text/html; charset="us-ascii" Content-Transfer-Encoding: quoted-printable Message
I know this = isn't CANSLIM,=20 but if anybody has any input on Louis Navellier's Blue Chip Growth = newsletter,=20 please tell me what you think, off list. 
 
Thank=20 you.
 
Duke
 
dukemill@tampabay.rr.com
 
 

This email, including any attachments, was scanned by = Norton=20 Anti-Virus prior to being sent.

3D""
 
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Do not use quotes in your email. ------------------------------ Date: Tue, 20 Aug 2002 11:05:10 -0500 From: Hermann Ertl Subject: Re: [CANSLIM] Home Depot > From: "Tom Worley" > Date: Tue, 20 Aug 2002 08:14:05 -0400 > > HD reported this morning, like Lowe's showing excellent growth with earnings > up 28% (3 cents ahead of forecasts) and sales up 12%. Shouldn't be a > surprise, given all the new home owners, but Lowe's is being credited with > yesterday's rally in part. Let's see if HD can take care of Tuesday. At what stage in its chart patterns is HD? - - - -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: Tue, 20 Aug 2002 11:05:01 -0500 From: Hermann Ertl Subject: Re: [CANSLIM] Best CNBC Commentators > From: "Tom Worley" > Date: Tue, 20 Aug 2002 06:55:10 -0400 > > easier to measure them on a scale of worse to worst. I haven't found >any commentators worth my time to listen. ----- Original Message ----- >From: Pipdip21@aol.com To: canslim@lists.xmission.com Sent: Tuesday, >August 20, 2002 12:05 AM Subject: [CANSLIM] Best CNBC Commentators May I suggest to be consistent: > From: "Tom Worley" > Date: Sun, 11 Aug 2002 12:22:20 -0400 > > Chris, and Chazmoore, might I suggest this is sufficiently > off topic to discuss in private? - - - -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: Tue, 20 Aug 2002 08:49:02 -0700 From: "Bill Triffet" Subject: Re: [CANSLIM] CVH One more point of interest to me about CVH is the pivot point in relation to the high of 34.20 back on 6/18. I realize that coming out of a bear (if we indeed are) the pivot point may be lower than the 52 week high. Still, that seems to me it would make a very possible point of resistance. Am I just splitting hairs here? - -Bill - ----- Original Message ----- From: "Katherine Malm" To: Sent: Tuesday, August 20, 2002 5:10 AM Subject: Re: [CANSLIM] CVH > Hi All, > > Just to close the loop on yesterday's CVH discussion---see today's weblink > on CVH: > > www.investors.com/weblink > > > Katherine > > | : > | : Jack > | : --- Tom Worley wrote: > | : > reading all the emails tonight on this topic, I had > | : > assumed this "spike" > | : > came at the open. I was quite surprised when I > | : > finally got around to looking > | : > at a one minute chart of today's trade, and saw it > | : > happened late morning. I > | : > must agree, from my experience it is highly > | : > suspicious of manipulation. > | : > > | : > ----- Original Message ----- > | : > From: "david frank" > | : > To: > | : > Sent: Monday, August 19, 2002 2:29 PM > | : > Subject: Re: [CANSLIM] CVH > | : > > | : > > | : > I got caught in this so-called CVH inbalanced. > | : > luckily i had a limit order > | : > in place. although limit orders don't work > | : > sometimes- because they don't > | : > have to execute limit orders, although they are > | : > within the price window. of > | : > course. there were too many eyes on CVH. i was > | : > curious what kind of remedy > | : > is there for this specialist's malfeasance, > | : > especially for buyers @ 34.50 > | : > and above- more than 10 minutes after placing their > | : > market orders. david > | : > ----- Original Message ----- > | : > From: "Edward W. Gjertsen II" > | : > To: > | : > Sent: Monday, August 19, 2002 11:36 AM > | : > Subject: RE: [CANSLIM] CVH > | : > > | : > > | : > > One of the risks with CANSLIM - too many > | : > investors ready to pounce on > | : > > too few stocks. We have been stalking CVH for > | : > quite a while. We put in > | : > > an order prior to it reaching its pivot (cheating) > | : > when NYSE on level > | : > > two showed $32.40 offer. As CANSLIMR's moved in > | : > to buy - the specialist > | : > > did not open the book until $34.50. The > | : > specialist claimed "order > | : > > imbalance" but my source at Pershing said he was > | : > working another book. > | : > > We were quite upset The stock moved over $2.00 on > | : > an imbalance of > | : > > 110,000 shs. The market maker was caught > | : > flatfooted. We quickly sold > | : > > out of our position because we were over the 5% > | : > threshold. > | : > > > | : > > Those trading Island or other ECN's may have been > | : > filled around > | : > > 32.40-32.50. We watch Time and Sales on all our > | : > fills and the only > | : > > prints were coming from ECN's. With CANSLIM being > | : > one of the most > | : > > popular strategies for individual investors, > | : > execution is becoming more > | : > > and more difficult. > | : > > > | : > > Ed Gjertsen II > | : > > ed@macktracks.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. > | : > | : > | : ===== > | : Jack > | : > | : __________________________________________________ > | : Do You Yahoo!? > | : HotJobs - Search Thousands of New Jobs > | : http://www.hotjobs.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. - - - -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: Tue, 20 Aug 2002 11:16:47 -0500 From: "david frank" Subject: Re: [CANSLIM] CVH Bill, the high this morning is 34.90. so looks like a moot point. david - ----- Original Message ----- From: "Bill Triffet" To: Sent: Tuesday, August 20, 2002 10:49 AM Subject: Re: [CANSLIM] CVH > One more point of interest to me about CVH is the pivot point in relation to > the high of 34.20 back on 6/18. I realize that coming out of a bear (if we > indeed are) the pivot point may be lower than the 52 week high. Still, that > seems to me it would make a very possible point of resistance. > Am I just splitting hairs here? > > -Bill > > > ----- Original Message ----- > From: "Katherine Malm" > To: > Sent: Tuesday, August 20, 2002 5:10 AM > Subject: Re: [CANSLIM] CVH > > > > Hi All, > > > > Just to close the loop on yesterday's CVH discussion---see today's weblink > > on CVH: > > > > www.investors.com/weblink > > > > > > Katherine > > > > | : > > | : Jack > > | : --- Tom Worley wrote: > > | : > reading all the emails tonight on this topic, I had > > | : > assumed this "spike" > > | : > came at the open. I was quite surprised when I > > | : > finally got around to looking > > | : > at a one minute chart of today's trade, and saw it > > | : > happened late morning. I > > | : > must agree, from my experience it is highly > > | : > suspicious of manipulation. > > | : > > > | : > ----- Original Message ----- > > | : > From: "david frank" > > | : > To: > > | : > Sent: Monday, August 19, 2002 2:29 PM > > | : > Subject: Re: [CANSLIM] CVH > > | : > > > | : > > > | : > I got caught in this so-called CVH inbalanced. > > | : > luckily i had a limit order > > | : > in place. although limit orders don't work > > | : > sometimes- because they don't > > | : > have to execute limit orders, although they are > > | : > within the price window. of > > | : > course. there were too many eyes on CVH. i was > > | : > curious what kind of remedy > > | : > is there for this specialist's malfeasance, > > | : > especially for buyers @ 34.50 > > | : > and above- more than 10 minutes after placing their > > | : > market orders. david > > | : > ----- Original Message ----- > > | : > From: "Edward W. Gjertsen II" > > | : > To: > > | : > Sent: Monday, August 19, 2002 11:36 AM > > | : > Subject: RE: [CANSLIM] CVH > > | : > > > | : > > > | : > > One of the risks with CANSLIM - too many > > | : > investors ready to pounce on > > | : > > too few stocks. We have been stalking CVH for > > | : > quite a while. We put in > > | : > > an order prior to it reaching its pivot (cheating) > > | : > when NYSE on level > > | : > > two showed $32.40 offer. As CANSLIMR's moved in > > | : > to buy - the specialist > > | : > > did not open the book until $34.50. The > > | : > specialist claimed "order > > | : > > imbalance" but my source at Pershing said he was > > | : > working another book. > > | : > > We were quite upset The stock moved over $2.00 on > > | : > an imbalance of > > | : > > 110,000 shs. The market maker was caught > > | : > flatfooted. We quickly sold > > | : > > out of our position because we were over the 5% > > | : > threshold. > > | : > > > > | : > > Those trading Island or other ECN's may have been > > | : > filled around > > | : > > 32.40-32.50. We watch Time and Sales on all our > > | : > fills and the only > > | : > > prints were coming from ECN's. With CANSLIM being > > | : > one of the most > > | : > > popular strategies for individual investors, > > | : > execution is becoming more > > | : > > and more difficult. > > | : > > > > | : > > Ed Gjertsen II > > | : > > ed@macktracks.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. > > | : > > | : > > | : ===== > > | : Jack > > | : > > | : __________________________________________________ > > | : Do You Yahoo!? > > | : HotJobs - Search Thousands of New Jobs > > | : http://www.hotjobs.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. > > > - > -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: Tue, 20 Aug 2002 11:20:31 -0500 From: "Katherine Malm" Subject: Re: [CANSLIM] CVH This is a multi-part message in MIME format. - ------=_NextPart_000_04A7_01C2483B.98868BE0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi Bill, Thought I might use your comment as a chance to clear up a few things on handles. It is most common for handles to form within 5-15% of the left lip of = the cup. In this case, CVH formed within 9.4% of the high of the left of the = cup (34.65). In general, as long as the handle forms properly and falls = within the upper half of the base and other handle characteristics are present, then you have a valid handle. That means that handles can actually form = well below the "normal" 5-15% range. See an annotated chart at: http://WallStreet-LLC.com/canslim/CVH081902.jpg (Sorry, some of my = comments are a bit difficult to read on the chart, but are repeated in = this email.) Just in case you missed my post the other day, here is my summary of = handle characteristics: HANDLES General Requirements: 1. Handles most often begin to form lower than the left side of the = base, generally when the stock has climbed within 5-15% of the high. 2. The midpoint of a good handle should be higher than the midpoint of = the base. 3. The handle should form in the upper half of the base. 4. The handle should form above the 200 day MA, but trade may often lull = below the 50 day MA. 5. The handle should drift sideways or lower. Upward "wedging" handles = are failure prone because the upwardly drifting price doesn't shake out = the weak holders, leaving the stock vulnerable to a correction. Wedging = handles also make pivots harder to spot. WON considers this the most = important aspect of a handle formation. 6. The handle should drift lower on light volume. This shows existing = holders are content to remain invested. 7. Within the handle, volatility should contract. The distance between = price highs and lows (intraday and day to day) should narrow. Avoid = zigzagging or wide and loose handles. Choppy handles carry more = uncertainty. 8. In normal markets, proper handles correct 10-20%. In Bear markets, = they can correct as much as 30%. A handle that drifts <10% is fine as = long as it is drifting downward and meets other requirements. 9. The handle must be at least one week in length but can stretch as = much as 7-10 weeks. It should be smaller in proportion to the size of = the cup. Special Considerations: 1. "High handles" can begin to form at prices higher than the left side = of the base. This is neither ideal nor common, but can still be = successful as long as the other handle requirements are met. 2. Be sure to look at both daily and weekly charts, as stocks with = lengthy bases will have long handles. The lengthy handle may appear as a = base if looking at a daily chart. Long bases signal strong support and = are very strong patterns. (The longer the base, the stronger the = subsequent move.) Based on a study done by the IBD in 96-97, small and = mid cap stocks had 33 week bases on average. Large caps had 66 week = bases on average. 3. A stock can form a handle, near its pivot point and then begin = forming another handle. In this case, consider this to be one long = handle. 4. "No-handle" bases are more error prone, but tend to work at the start = of a fresh rally, especially if the rally is strong. Look for volume to = dry up as the stock comes within 5-10% of its old peak. Stocks breaking = out of bases without a handle are most likely industry leaders; lead the = market in relative price performance, sales and earnings growth; and = have high institutional sponsorship. 5. Double bottom bases can form a handle, though normally they do not do = so.=20 [Note: These notes are compiled from many years worth of Investors' = Corners, HTMMIS, the IBD web site and other misc. sources.] - --Katherine - ----- Original Message ----- From: "Bill Triffet" To: Sent: Tuesday, August 20, 2002 10:49 AM Subject: Re: [CANSLIM] CVH | One more point of interest to me about CVH is the pivot point in = relation to | the high of 34.20 back on 6/18. I realize that coming out of a bear = (if we | indeed are) the pivot point may be lower than the 52 week high. Still, that | seems to me it would make a very possible point of resistance. | Am I just splitting hairs here? | | -Bill | | | ----- Original Message ----- | From: "Katherine Malm" | To: | Sent: Tuesday, August 20, 2002 5:10 AM | Subject: Re: [CANSLIM] CVH | | | > Hi All, | > | > Just to close the loop on yesterday's CVH discussion---see today's weblink | > on CVH: | > | > www.investors.com/weblink | > | > | > Katherine - ------=_NextPart_000_04A7_01C2483B.98868BE0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Hi Bill,

Thought I might use your comment as a chance to = clear up a=20 few things on
handles.

It is most common for handles to form = within=20 5-15% of the left lip of the
cup. In this case, CVH formed within = 9.4% of the=20 high of the left of the cup
(34.65). In general, as long as the = handle forms=20 properly and falls within
the upper half of the base and other handle = characteristics are present,
then you have a valid handle. That means = that=20 handles can actually form well
below the "normal" 5-15% = range.

See an=20 annotated chart at:
http://WallStree= t-LLC.com/canslim/CVH081902.jpg =20 (Sorry, some of my comments are a bit difficult to read on the chart, = but are=20 repeated in this email.)

Just in case you missed my post the = other day,=20 here is my summary of handle=20 characteristics:
HANDLES
General Requirements:
1. Handles most often begin to form lower than the left side of the = base,=20 generally when the stock has climbed within 5-15% of the high.
2. The midpoint of a good handle should be higher than the midpoint = of the=20 base.
3. The handle should form in the upper half of the base.
4. The handle should form above the 200 day MA, but trade may often = lull=20 below the 50 day MA.
5. The handle should drift sideways or lower. Upward "wedging" = handles are=20 failure prone because the upwardly drifting price doesn't shake out the = weak=20 holders, leaving the stock vulnerable to a correction. Wedging handles = also make=20 pivots harder to spot. WON considers this the most important aspect = of a=20 handle formation.
6. The handle should drift lower on light volume. This shows = existing=20 holders are content to remain invested.
7. Within the handle, volatility should contract. The distance = between=20 price highs and lows (intraday and day to day) should narrow. Avoid = zigzagging=20 or wide and loose handles. Choppy handles carry more uncertainty.
8. In normal markets, proper handles correct 10-20%. In Bear = markets, they=20 can correct as much as 30%. A handle that drifts <10% is fine as long = as it=20 is drifting downward and meets other requirements.
9. The handle must be at least one week in length but can stretch = as much=20 as 7-10 weeks. It should be smaller in proportion to the size of the = cup.
 
Special Considerations:
1. "High handles" can begin to form at prices higher than the left = side of=20 the base. This is neither ideal nor common, but can still be successful = as long=20 as the other handle requirements are met.
2. Be sure to look at both daily and weekly charts, as stocks with = lengthy=20 bases will have long handles. The lengthy handle may appear as a base if = looking=20 at a daily chart. Long bases signal strong support and are very strong = patterns.=20 (The longer the base, the stronger the subsequent move.) Based on a = study done=20 by the IBD in 96-97, small and mid cap stocks had 33 week bases on = average.=20 Large caps had 66 week bases on average.
3. A stock can form a handle, near its pivot point and then begin = forming=20 another handle. In this case, consider this to be one long = handle.
4. "No-handle" bases are more error prone, but tend to work at the = start of=20 a fresh rally, especially if the rally is strong. Look for volume to dry = up as=20 the stock comes within 5-10% of its old peak. Stocks breaking out of = bases=20 without a handle are most likely industry leaders; lead the market in = relative=20 price performance, sales and earnings growth; and have high = institutional=20 sponsorship.
5. Double bottom bases can form a handle, though normally they do = not do=20 so.
 
[Note: These notes are compiled from many years worth of Investors' = Corners, HTMMIS, the IBD web site and other misc. sources.]
 
--Katherine


----- Original Message -----
From: = "Bill=20 Triffet" <btriffet@earthlink.net>
= To:=20 <canslim@lists.xmission.com= >
Sent:=20 Tuesday, August 20, 2002 10:49 AM
Subject: Re: [CANSLIM] = CVH


| One=20 more point of interest to me about CVH is the pivot point in = relation
to
|=20 the high of 34.20 back on 6/18. I realize that coming out of a bear (if = we
|=20 indeed are) the pivot point may be lower than the 52 week high.=20 Still,
that
| seems to me it would make a very possible point of=20 resistance.
| Am I just splitting hairs here?
|
| = - -Bill
|
|
|=20 - ----- Original Message -----
| From: "Katherine Malm" <kmalm@earthlink.net>
| To: = <canslim@lists.xmission.com= >
|=20 Sent: Tuesday, August 20, 2002 5:10 AM
| Subject: Re: [CANSLIM]=20 CVH
|
|
| > Hi All,
| >
| > Just to close the = loop on=20 yesterday's CVH discussion---see today's
weblink
| > on = CVH:
|=20 >
| > www.investors.com/weblink|=20 >
| >
| > Katherine

- ------=_NextPart_000_04A7_01C2483B.98868BE0-- - - - -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 #2836 ****************************** 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.