From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #2944 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, September 18 2002 Volume 02 : Number 2944 In this issue: Re: [CANSLIM] ATK & LLL gap down, why? Re: [CANSLIM] MME Re: [CANSLIM] ATK & LLL gap down, why? RE: [CANSLIM] MME Re: [CANSLIM] MME RE: [CANSLIM] MME [CANSLIM] A look at the future [CANSLIM] A Winning Fund Re: [CANSLIM] A Winning Fund Re: [CANSLIM] A Winning Fund Re: [CANSLIM] A Winning Fund Re: [CANSLIM] MSN CANSLIM PowerSearch list grows substantially Re: [CANSLIM] ATK & LLL gap down, why? Re: [CANSLIM] A Winning Fund Re: [CANSLIM] A Winning Fund [CANSLIM] WTW [CANSLIM] WTW [CANSLIM] AMGP - my first cup? RE: [CANSLIM] AMGP - my first cup? Re: [CANSLIM] WTW RE: [CANSLIM] WTW ---------------------------------------------------------------------- Date: Tue, 17 Sep 2002 12:16:53 -0500 From: "Katherine Malm" Subject: Re: [CANSLIM] ATK & LLL gap down, why? Hi Warren, I noticed that all the A&D stocks gapped down at the open today and I suspect it was a knee-jerk reaction to the news with Iraq. Many of them appear to be inching up toward their high, however, so would guess that A&D will continue it's current uptrend. For the most part, however, the market as a whole seems inclined to continue it's larger downtrend--shorts are chomping at the bit and this is an ideal spot to add to positions as stocks pullback to their downtrends and post yet another lower high before rolling over again. Bad news for CANSLIM long strategies for the moment. Katherine - ----- Original Message ----- From: "Warren Keuffel" To: "CANSLIM list" Sent: Tuesday, September 17, 2002 12:01 PM Subject: [CANSLIM] ATK & LLL gap down, why? | Any thoughts on why these two stocks (maybe more, I haven't checked) | gapped down today? LLL announced an acquisition, but I don't see that | affecting ATK. I suspect it has to do with Bush and Iraq but I would | think this would enhance defense stocks. | | Thanks, | Warren | | | - | -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, 17 Sep 2002 14:20:46 EDT From: Spencer48@aol.com Subject: Re: [CANSLIM] MME Tom: I imagine that you're looking at it on the weekly chart. The daily chart shows, I believe, MME in a June to mid-Aug. Cup with a=20 non-tight 3 wk downward handle on low->high volume. Then its price went=20 higher on low volume for about 1=BD weeks (in what Katherine terms, I believ= e,=20 a "wedge"). jans In a message dated 9/17/2002 6:58:34 AM Eastern Daylight Time,=20 stkguru@bellsouth.net writes: << Welcome to the group, Karen, it's a good place to learn or improve on CANSLIM. =20 Yes, LLUR refers to Lower Left Upper Right. MME is a "former" LLUR, which has broken that pattern and currently appears to be forming a c&h. >> - - - -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, 17 Sep 2002 14:25:39 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] ATK & LLL gap down, why? Today also shows which is more powerful, fear of war with Iraq (positive news yesterday which drove futures up 1%), or fear of a weakening / failing economy (industrial production fell for the first time in 7 months, reported this morning). - ----- Original Message ----- From: "Katherine Malm" To: Sent: Tuesday, September 17, 2002 1:16 PM Subject: Re: [CANSLIM] ATK & LLL gap down, why? Hi Warren, I noticed that all the A&D stocks gapped down at the open today and I suspect it was a knee-jerk reaction to the news with Iraq. Many of them appear to be inching up toward their high, however, so would guess that A&D will continue it's current uptrend. For the most part, however, the market as a whole seems inclined to continue it's larger downtrend--shorts are chomping at the bit and this is an ideal spot to add to positions as stocks pullback to their downtrends and post yet another lower high before rolling over again. Bad news for CANSLIM long strategies for the moment. Katherine - ----- Original Message ----- From: "Warren Keuffel" To: "CANSLIM list" Sent: Tuesday, September 17, 2002 12:01 PM Subject: [CANSLIM] ATK & LLL gap down, why? | Any thoughts on why these two stocks (maybe more, I haven't checked) | gapped down today? LLL announced an acquisition, but I don't see that | affecting ATK. I suspect it has to do with Bush and Iraq but I would | think this would enhance defense stocks. | | Thanks, | Warren | | | - | -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, 17 Sep 2002 08:34:12 -1000 From: "Mike Gibbons" Subject: RE: [CANSLIM] MME Jans, Not wishing to be picky, but according to my understanding of WON's rules for CwH's, strictly speaking, the handle was restarted on 9/11 when the intraday high set a new pivot point. This re-setting of the handle means = the right side of the new cup shows very weak price/volume action - not a nic= e cup at all. 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 Spencer48@aol.com Sent: Tuesday, September 17, 2002 8:21 AM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] MME Tom: I imagine that you're looking at it on the weekly chart. The daily chart shows, I believe, MME in a June to mid-Aug. Cup with= a non-tight 3 wk downward handle on low->high volume. Then its price went higher on low volume for about 1=BD weeks (in what Katherine terms, I bel= ieve, a "wedge"). jans In a message dated 9/17/2002 6:58:34 AM Eastern Daylight Time, stkguru@bellsouth.net writes: << Welcome to the group, Karen, it's a good place to learn or improve on CANSLIM. Yes, LLUR refers to Lower Left Upper Right. MME is a "former" LLUR, whic= h has broken that pattern and currently appears to be forming a c&h. >> - - - -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, 17 Sep 2002 15:01:32 EDT From: Spencer48@aol.com Subject: Re: [CANSLIM] MME Mike: Good point. But here is how I evaluate MME: As I mentioned, the Cup was formed between June and mid-August. Then came the down-handle on lower then 50 ADV, but higher than listless trading. This was followed by an upward-handle on low volume, whereupon it attempted a BO on low volume, closing at the bottom of its range. Now, in my view, it is again forming a new handle (associated with the same June-to-August Cup), NOT the beginning of a new Cup. As I suggested, however, you could very well be correct (Different strokes...). But I believe that there will be resistance at the June left lip-and not just at the left lip that you designate in August as a new cup formation. In any event, MME is definitely strong-as can be viewed in its RS-line (Notice the strong divergence between its left lip in June and currently). Whether this eerie Market, though, will let it test its strength is another question. jans (by the way you're being polite, not picky. The only way we all can learn from one another is by questioning each other's analysis) In a message dated 9/17/2002 2:34:07 PM Eastern Daylight Time, mikegibbons@proactech.com writes: << Jans, Not wishing to be picky, but according to my understanding of WON's rules for CwH's, strictly speaking, the handle was restarted on 9/11 when the intraday high set a new pivot point. This re-setting of the handle means the right side of the new cup shows very weak price/volume action - not a nice cup at all. Aloha, Mike Gibbons Proactive Technologies, LLC http://www.proactech.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, 17 Sep 2002 09:49:06 -1000 From: "Mike Gibbons" Subject: RE: [CANSLIM] MME I wasn't saying that it was starting a new cup, but the old cup was now extended from its previous pivot of 8/16 to 9/11 and that it is now forming a new handle. So we agree! I also agree the RS and Up/Down volume are strong. I've noticed quite a few charts lately where the right-side volume has been below the 50 dma average but the RS and Up/Down volume has been strong. I don't know, but maybe this is normal behavior in a bear market. 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 Spencer48@aol.com Sent: Tuesday, September 17, 2002 9:02 AM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] MME Mike: Good point. But here is how I evaluate MME: As I mentioned, the Cup was formed between June and mid-August. Then came the down-handle on lower then 50 ADV, but higher than listless trading. This was followed by an upward-handle on low volume, whereupon it attempted a BO on low volume, closing at the bottom of its range. Now, in my view, it is again forming a new handle (associated with the same June-to-August Cup), NOT the beginning of a new Cup. As I suggested, however, you could very well be correct (Different strokes...). But I believe that there will be resistance at the June left lip-and not just at the left lip that you designate in August as a new cup formation. In any event, MME is definitely strong-as can be viewed in its RS-line (Notice the strong divergence between its left lip in June and currently). Whether this eerie Market, though, will let it test its strength is another question. jans (by the way you're being polite, not picky. The only way we all can learn from one another is by questioning each other's analysis) In a message dated 9/17/2002 2:34:07 PM Eastern Daylight Time, mikegibbons@proactech.com writes: << Jans, Not wishing to be picky, but according to my understanding of WON's rules for CwH's, strictly speaking, the handle was restarted on 9/11 when the intraday high set a new pivot point. This re-setting of the handle means the right side of the new cup shows very weak price/volume action - not a nice cup at all. Aloha, Mike Gibbons Proactive Technologies, LLC http://www.proactech.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, 17 Sep 2002 20:13:07 -0500 From: "Fred Richards" Subject: [CANSLIM] A look at the future This is a multi-part message in MIME format. - ------=_NextPart_000_0019_01C25E86.A3323380 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: 7bit The Technical Club of Dallas has posted all the Power Point slides and speaker notes of my talk "Can we see the Future" on their website. They can be assessed at: http://www.technicalclubofdallas.com/ Fred Richards Strategic Investing Corruptisima republica plurimae leges. [The more corrupt a republic, the more laws.] - - Tacitus, Annuals III 27 www.adrich.com - ------=_NextPart_000_0019_01C25E86.A3323380 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
The = Technical Club=20 of Dallas has posted all the Power Point slides and speaker notes of my = talk=20 "Can we see the Future" on their website.
 
They = can be assessed=20 at:
 
http://www.technicalclubof= dallas.com/
 
 
Fred Richards
Strategic=20 Investing
 
Corruptisima republica plurimae = leges.  [The=20 more corrupt a republic, the more laws.]  - - Tacitus, Annuals III=20 27
 
www.adrich.com
 
- ------=_NextPart_000_0019_01C25E86.A3323380-- - - - -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, 17 Sep 2002 22:08:11 -0400 From: "Dan Forant" Subject: [CANSLIM] A Winning Fund This is a multi-part message in MIME format. - ------=_NextPart_000_00E3_01C25E96.B6732520 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable www.vicefund.com A fund doing very well, holds companies from gambling, tobacco, alcohol, = and aerospace defense. DanF - ------=_NextPart_000_00E3_01C25E96.B6732520 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
www.vicefund.com
 
A fund doing very well, holds companies = from=20 gambling, tobacco, alcohol, and aerospace defense.
 
DanF
- ------=_NextPart_000_00E3_01C25E96.B6732520-- - - - -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, 17 Sep 2002 22:11:14 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] A Winning Fund This is a multi-part message in MIME format. - ------=_NextPart_000_0175_01C25E97.235DFCF0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable didn't realize that aerospace / defense was one of our "vices" - maybe = we need to put a sin tax on it to help balance the budget?? - ----- Original Message -----=20 From: Dan Forant=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, September 17, 2002 10:08 PM Subject: [CANSLIM] A Winning Fund www.vicefund.com A fund doing very well, holds companies from gambling, tobacco, alcohol, = and aerospace defense. DanF - ------=_NextPart_000_0175_01C25E97.235DFCF0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
didn't realize that aerospace / defense was one = of our=20 "vices" - maybe we need to put a sin tax on it to help balance the=20 budget??
 
----- Original Message -----=20
From: Dan = Forant=20
Sent: Tuesday, September 17, 2002 10:08 PM
Subject: [CANSLIM] A Winning Fund

www.vicefund.com
 
A fund doing very well, holds companies = from=20 gambling, tobacco, alcohol, and aerospace defense.
 
DanF
- ------=_NextPart_000_0175_01C25E97.235DFCF0-- - - - -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, 17 Sep 2002 19:41:40 -0700 (PDT) From: Fanus Subject: Re: [CANSLIM] A Winning Fund Inception date was 8/30/02. Kinda early to say it have been doing very well don't you think? - --- Dan Forant wrote: > www.vicefund.com > > A fund doing very well, holds companies from > gambling, tobacco, alcohol, and aerospace defense. > > DanF > __________________________________________________ Do you Yahoo!? Yahoo! News - Today's headlines http://news.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: Tue, 17 Sep 2002 22:45:36 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] A Winning Fund I checked the research on one stock, way out of date. I hope their internal due diligence is far better than what they post on the site. - ----- Original Message ----- From: "Fanus" To: Sent: Tuesday, September 17, 2002 10:41 PM Subject: Re: [CANSLIM] A Winning Fund Inception date was 8/30/02. Kinda early to say it have been doing very well don't you think? - --- Dan Forant wrote: > www.vicefund.com > > A fund doing very well, holds companies from > gambling, tobacco, alcohol, and aerospace defense. > > DanF > __________________________________________________ Do you Yahoo!? Yahoo! News - Today's headlines http://news.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: Tue, 17 Sep 2002 23:03:58 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] MSN CANSLIM PowerSearch list grows substantially Kelly, don't know if you saw the pattern yet, but almost every single stock on this list is a bank or bank holding company. The NYSE Financials had one of the strongest rallies off the 7/24 lows, and has given back the least of that rally so far, so doesn't surprise me that banks would populate this list. Why so many at one time I don't know, nor why your screening criteria results in almost nothing but banks. - ----- Original Message ----- From: "Kelly Short" To: Sent: Tuesday, September 17, 2002 11:57 AM Subject: RE: [CANSLIM] MSN CANSLIM PowerSearch list grows substantially Preemptive strike (since I know the question is coming)- here's the criteria used for this search: EPS Growth QTR vs Qtr >= 15% Today's Low Price >= $12 Institutional Ownership >= 5% Institutional Ownership <= 30% Style = Growth % Price Change YTD >= 0.1% - -----Original Message----- From: Kelly Short Sent: Tuesday, September 17, 2002 10:51 AM To: canslim@lists.xmission.com Subject: [CANSLIM] MSN CANSLIM PowerSearch list grows substantially I download a search from MSN's PowerSearch every day using approximate CANSLIM criteria. Usually this list consists of 2 or 3 stocks. Yesterday, over 25 stocks appeared on the list. Don't yet know the significance of this finding but thought I would share it with the group: Search on 9/16/02 post-market: Symbol GSLC HGMCY NWRE HTV ALLE HFWA FNFG RVSB ONB EEP BXS CHC FCBP COVB CVBF HIFS GRAN HNBC CLAS HRZB PBCI CBMD PNBC FLBC FRME - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ____________________________________________________________________________ For your protection, this e-mail message has been scanned for viruses. Visit us at http://www.neoris.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, 17 Sep 2002 20:35:59 -0700 From: Ian Subject: Re: [CANSLIM] ATK & LLL gap down, why? I'll second that. I'm even scratching my head trying to come up with stocks for my virtual fund - I'm supposed to have 65% longs in it, and I can only identify one stock I like in a strong uptrend. No wonder its so hard to make money in mutual funds - asset allocation rules from the SEC forces them into losing positions even if the fund manager might want to have a lot more cash. It's been a real eye-opener for me. In my personal accounts, I only have the one long. It's ugly out there. Ian - ----- Original Message ----- From: Katherine Malm To: Sent: Tuesday, September 17, 2002 10:16 AM Subject: Re: [CANSLIM] ATK & LLL gap down, why? > Hi Warren, > > I noticed that all the A&D stocks gapped down at the open today and I > suspect it was a knee-jerk reaction to the news with Iraq. Many of them > appear to be inching up toward their high, however, so would guess that A&D > will continue it's current uptrend. For the most part, however, the market > as a whole seems inclined to continue it's larger downtrend--shorts are > chomping at the bit and this is an ideal spot to add to positions as stocks > pullback to their downtrends and post yet another lower high before rolling > over again. Bad news for CANSLIM long strategies for the moment. > > Katherine > > ----- Original Message ----- > From: "Warren Keuffel" > To: "CANSLIM list" > Sent: Tuesday, September 17, 2002 12:01 PM > Subject: [CANSLIM] ATK & LLL gap down, why? > > > | Any thoughts on why these two stocks (maybe more, I haven't checked) > | gapped down today? LLL announced an acquisition, but I don't see that > | affecting ATK. I suspect it has to do with Bush and Iraq but I would > | think this would enhance defense stocks. > | > | Thanks, > | Warren > | > | > | - > | -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, 17 Sep 2002 22:21:14 -0400 From: "Dan Forant" Subject: Re: [CANSLIM] A Winning Fund This is a multi-part message in MIME format. - ------=_NextPart_000_00F7_01C25E98.8919BB00 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable They must have snuck aerospace/defense in there because we beat the war = drums with regularity. So for those who can't drink, smoke or gamble, a = good fight will do, and invest. DanF ----- Original Message -----=20 From: Tom Worley=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, September 17, 2002 10:11 PM Subject: Re: [CANSLIM] A Winning Fund didn't realize that aerospace / defense was one of our "vices" - maybe = we need to put a sin tax on it to help balance the budget?? ----- Original Message -----=20 From: Dan Forant=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, September 17, 2002 10:08 PM Subject: [CANSLIM] A Winning Fund www.vicefund.com A fund doing very well, holds companies from gambling, tobacco, = alcohol, and aerospace defense. DanF - ------=_NextPart_000_00F7_01C25E98.8919BB00 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
They must have snuck aerospace/defense = in there=20 because we beat the war drums with regularity. So for those who can't = drink,=20 smoke or gamble, a good fight will do, and invest.
 
DanF
----- Original Message -----
From:=20 Tom=20 Worley
Sent: Tuesday, September 17, = 2002 10:11=20 PM
Subject: Re: [CANSLIM] A = Winning=20 Fund

didn't realize that aerospace / defense was = one of our=20 "vices" - maybe we need to put a sin tax on it to help balance the=20 budget??
 
----- Original Message -----=20
From: Dan Forant=20
Sent: Tuesday, September 17, 2002 10:08 PM
Subject: [CANSLIM] A Winning Fund

www.vicefund.com
 
A fund doing very well, holds = companies from=20 gambling, tobacco, alcohol, and aerospace defense.
 
DanF
- ------=_NextPart_000_00F7_01C25E98.8919BB00-- - - - -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, 18 Sep 2002 07:58:41 -0400 From: "Dan Forant" Subject: Re: [CANSLIM] A Winning Fund A journey of a thousand miles begins with a single step. I presented this info from the Nachman show MSNBC on last nite. It holds no CANSLIM value. Yet while other industries that are failing, drinking, smoking, gambling and aerospace/defense, with the right companies in the fund are making headway. I just ordered a case of Jack, Marlboro's, a humvee, and may try bingo. Cheers. DanF - ----- Original Message ----- From: "Fanus" To: Sent: Tuesday, September 17, 2002 10:41 PM Subject: Re: [CANSLIM] A Winning Fund > Inception date was 8/30/02. Kinda early to say it have > been doing very well don't you think? > > --- Dan Forant wrote: > > www.vicefund.com > > > > A fund doing very well, holds companies from > > gambling, tobacco, alcohol, and aerospace defense. > > > > DanF > > > > > __________________________________________________ > Do you Yahoo!? > Yahoo! News - Today's headlines > http://news.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, 18 Sep 2002 09:28:46 -0500 From: michael_niemotka@baxter.com Subject: [CANSLIM] WTW Is WTW "churning"? It is having incredible volume already, but price is only up 0.29%? Any thoughts? 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 - - - -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, 18 Sep 2002 09:28:46 -0500 From: michael_niemotka@baxter.com Subject: [CANSLIM] WTW Is WTW "churning"? It is having incredible volume already, but price is only up 0.29%? Any thoughts? 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 - - - -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, 18 Sep 2002 12:54:42 -0400 From: "John Solarno" Subject: [CANSLIM] AMGP - my first cup? I've been a very infrequent contributor to the group because I feel like my skills are so limited compared to many of the members who post here. Nonetheless, I offer up AMGP as what I think may be the first Cup-With-Handle I've actually identified all on my own. Strong volume creating the right side of the cup on 8/22 and weakening volume as the handle has been building the last few days. I'd guess a possible pivot at around 30.75? As far as fundamentals are concerned, I see zero debt and an extraordinarily high EPS growth rate. What am I missing, other than the fact, of course, that the market stinks? John - - - -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, 18 Sep 2002 07:40:54 -1000 From: "Mike Gibbons" Subject: RE: [CANSLIM] AMGP - my first cup? Hi John, Yes, this is a cup with handle. I see three potential problems with the chart however. 1) Although there was strong up volume on the right side, there were two big selloff days followed by two high volume days with little price movement indicating "churning" just before the pivot was formed. This detracts from general quality of the right side of the cup. 2) there was a big selloff on 9/4 which took the low in the handle to more than 15% from the pivot (although this may be acceptable in a bear market) 3) since then the handle has been wedging upwards, which is also considered suspect. That being said, very few charts are perfect, certainly in this market, and the RS and up/down volume are strong. 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 John Solarno Sent: Wednesday, September 18, 2002 6:55 AM To: canslim@lists.xmission.com Subject: [CANSLIM] AMGP - my first cup? I've been a very infrequent contributor to the group because I feel like my skills are so limited compared to many of the members who post here. Nonetheless, I offer up AMGP as what I think may be the first Cup-With-Handle I've actually identified all on my own. Strong volume creating the right side of the cup on 8/22 and weakening volume as the handle has been building the last few days. I'd guess a possible pivot at around 30.75? As far as fundamentals are concerned, I see zero debt and an extraordinarily high EPS growth rate. What am I missing, other than the fact, of course, that the market stinks? John - - - -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, 18 Sep 2002 13:45:21 -0400 From: "Winston Little" Subject: Re: [CANSLIM] WTW Mike: on WTW, two days brisk trading (4 million shares Tuesday followed by 5 million so far today led to to ask: Who owns the shares, and why the heavy trading? There are 106 million shares outstanding. Artal of Luxembourg had owned 94%. A secondary offering for 15 million shares for $630 million is being filled right now by Artal at about $42/share. After the offering is completed Artal will own 62%. If the market oversubscribes, there is provision to sell an additional 2.5 million shares. Why is Artal selling, and why at $3 below the price on Monday? - ----- Original Message ----- From: To: Sent: Wednesday, September 18, 2002 10:28 AM Subject: [CANSLIM] WTW > Is WTW "churning"? It is having incredible volume already, but price is > only up 0.29%? > > Any thoughts? > > > > 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 > > > > - > -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, 18 Sep 2002 13:17:46 -0500 From: "Lin Wells" Subject: RE: [CANSLIM] WTW I wish this wasn't all so esoteric to me. I wish I knew where you were getting this info and how you were reading it. I wish I knew what terms such as "A secondary offering..." and "If the market oversubscribes..." means. I suspect that it is too lengthy a discussion for here. I have Datek streaming quotes on Medved quote tracker but this is probably not where this info is accessed. Maybe you could point me in the right direction. Thanks Lin - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com] On Behalf Of Winston Little Sent: Wednesday, September 18, 2002 12:45 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] WTW Mike: on WTW, two days brisk trading (4 million shares Tuesday followed by 5 million so far today led to to ask: Who owns the shares, and why the heavy trading? There are 106 million shares outstanding. Artal of Luxembourg had owned 94%. A secondary offering for 15 million shares for $630 million is being filled right now by Artal at about $42/share. After the offering is completed Artal will own 62%. If the market oversubscribes, there is provision to sell an additional 2.5 million shares. Why is Artal selling, and why at $3 below the price on Monday? - ----- Original Message ----- From: To: Sent: Wednesday, September 18, 2002 10:28 AM Subject: [CANSLIM] WTW > Is WTW "churning"? It is having incredible volume already, but price is > only up 0.29%? > > Any thoughts? > > > > 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 > > > > - > -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 #2944 ****************************** 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.