From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #3019 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 Monday, November 4 2002 Volume 02 : Number 3019 In this issue: [CANSLIM] Re. Funds Re: [CANSLIM] Re. Funds [CANSLIM] The Acc/Dis charts have been updated. RE: [CANSLIM] CANSLIM with TA RE: [CANSLIM] CANSLIM with TA RE: [CANSLIM] CANSLIM with TA RE: [CANSLIM] CANSLIM with TA Re: [CANSLIM] Re: Funds [CANSLIM] selling rules question Re: [CANSLIM] CANSLIM with TA [CANSLIM] MOVI ---------------------------------------------------------------------- Date: Sun, 3 Nov 2002 21:21:11 EST From: Emenar1@aol.com Subject: [CANSLIM] Re. Funds Tom: What do you make of a stock where the DG-Online stat. for funds is "NA". I'm looking at SMD, and it has nice aggregate number for mgt. which is holding the stock (39%); the weekly chart looks like I'd want to watch it; earnings are very nice as is cash flow; it has no debt and ROE is a spectacular 59%. However, not knowing how many funds are holding the stock gives me pause. How do you analyze a stock when the everything else seems nice, but funds say "NA"? jans - - - -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: Mon, 4 Nov 2002 09:22:19 EST From: Vanchee1@aol.com Subject: Re: [CANSLIM] Re. Funds - --part1_122.19ee8eaf.2af7dc9b_boundary Content-Type: text/plain; charset="US-ASCII" Content-Transfer-Encoding: 7bit SMD also on my watch close list, has enough of the characteristics to buy if it marks a direction from here. Chris - --part1_122.19ee8eaf.2af7dc9b_boundary Content-Type: text/html; charset="US-ASCII" Content-Transfer-Encoding: 7bit SMD also on my watch close list, has enough of the characteristics to buy if it marks a direction from here.

Chris - --part1_122.19ee8eaf.2af7dc9b_boundary-- - - - -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: Mon, 4 Nov 2002 08:48:03 -0600 From: "Fred Richards" Subject: [CANSLIM] The Acc/Dis charts have been updated. This is a multi-part message in MIME format. - ------=_NextPart_000_005D_01C283DE.E3030700 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: 7bit The A's in IBD's Acc/Dis numbers have been increasing slightly during the past two weeks. The charts have been updated and are at: \ http://www.adrich.com/SI/Info/A's.htm - ---------------------------------------------------------------------------- - ---- Fred Richards Corruptisima republica plurimae leges. [The more corrupt a republic, the more laws.] - - Tacitus, Annuals III 27 www.adrich.com - ------=_NextPart_000_005D_01C283DE.E3030700 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
The = A's in IBD's=20 Acc/Dis numbers have been increasing slightly during the past two = weeks. =20 The charts have been updated and are at:
\
http://www.adrich.com/SI/I= nfo/A's.htm
 
Fred Richards
 
Corruptisima republica plurimae = leges.  [The=20 more corrupt a republic, the more laws.]  - - Tacitus, Annuals III=20 27
 
www.adrich.com
 
- ------=_NextPart_000_005D_01C283DE.E3030700-- - - - -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: Mon, 4 Nov 2002 09:52:00 -0600 From: michael_niemotka@baxter.com Subject: RE: [CANSLIM] CANSLIM with TA John, From what little I know about TA, I think the MACD could be pretty useful too. As I continue to learn about the cwh patterns, it would be nice to have a way to "check" the chart with TA, so that if you see a breakout that fails, maybe you could have seen it coming based on the MACD signals. 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 "John Solarno" cc: Sent by: Subject: RE: [CANSLIM] CANSLIM with TA owner-canslim@lists.xm ission.com 11/02/2002 06:20 PM Please respond to canslim I personally rely on the MACD histogram. I maintain a database of stocks gleaned from various sources (IBD, VectorVest.) As soon as I see any stock cross the zero line headed upwards, I pay VERY close attention for the next day or two and if it continues to climb with strong volume, I'm in. Conversely, as soon as the histogram starts heading back down towards zero, I unload. I have never managed to get the hang of the cup-with-handle formation. I don't have the mental discipline, I fear, for calculating pivot points and base depths. Don't misunderstand, I still look for those illusive cups, but I find a MACD histogram is easier to spot and, therefore, something I use more frequently. John - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com] On Behalf Of michael_niemotka@baxter.com Sent: Thursday, October 31, 2002 8:05 PM To: canslim@lists.xmission.com Subject: [CANSLIM] CANSLIM with TA I was wondering, by a show of hands, how many of the group members use some other form of technical analysis besides the price volume chart action described by WON . Since the chart reading can be very subjective, do any of you use MACD cross overs, or Point and figure charts to confirm a breakout, or possible sell sign for a stock? Thanks Mike 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. ------------------------------ Date: Mon, 4 Nov 2002 07:50:20 -0800 (PST) From: Sol Mayer Subject: RE: [CANSLIM] CANSLIM with TA - --0-1416279803-1036425020=:12098 Content-Type: text/plain; charset=us-ascii where do you find the macd histogram also where can I find a good definition of what it is? John Solarno wrote:I personally rely on the MACD histogram. I maintain a database of stocks gleaned from various sources (IBD, VectorVest.) As soon as I see any stock cross the zero line headed upwards, I pay VERY close attention for the next day or two and if it continues to climb with strong volume, I'm in. Conversely, as soon as the histogram starts heading back down towards zero, I unload. I have never managed to get the hang of the cup-with-handle formation. I don't have the mental discipline, I fear, for calculating pivot points and base depths. Don't misunderstand, I still look for those illusive cups, but I find a MACD histogram is easier to spot and, therefore, something I use more frequently. John - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com] On Behalf Of michael_niemotka@baxter.com Sent: Thursday, October 31, 2002 8:05 PM To: canslim@lists.xmission.com Subject: [CANSLIM] CANSLIM with TA I was wondering, by a show of hands, how many of the group members use some other form of technical analysis besides the price volume chart action described by WON . Since the chart reading can be very subjective, do any of you use MACD cross overs, or Point and figure charts to confirm a breakout, or possible sell sign for a stock? Thanks Mike 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. - --------------------------------- Do you Yahoo!? HotJobs - Search new jobs daily now - --0-1416279803-1036425020=:12098 Content-Type: text/html; charset=us-ascii

where do you find the macd histogram also where can I find a good definition of what it is?

 John Solarno <workvirt@workvirtual.com> wrote:

I personally rely on the MACD histogram. I maintain a database of stocks
gleaned from various sources (IBD, VectorVest.) As soon as I see any
stock cross the zero line headed upwards, I pay VERY close attention for
the next day or two and if it continues to climb with strong volume, I'm
in. Conversely, as soon as the histogram starts heading back down
towards zero, I unload.

I have never managed to get the hang of the cup-with-handle formation.
I don't have the mental discipline, I fear, for calculating pivot points
and base depths. Don't misunderstand, I still look for those illusive
cups, but I find a MACD histogram is easier to spot and, therefore,
something I use more frequently.

John

-----Original Message-----
From: owner-canslim@lists.xmission.com
[mailto:owner-canslim@lists.xmission.com] On Behalf Of
michael_niemotka@baxter.com
Sent: Thursday, October 31, 2002 8:05 PM
To: canslim@lists.xmission.com
Subject: [CANSLIM] CANSLIM with TA

I was wondering, by a show of hands, how many of the group members use
some
other form of technical analysis besides the price volume chart action
described by WON .
Since the chart reading can be very subjective, do any of you use MACD
cross overs, or Point and figure charts to confirm a breakout, or
possible
sell sign for a stock?

Thanks

Mike

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.


Do you Yahoo!?
HotJobs - Search new jobs daily now - --0-1416279803-1036425020=:12098-- - - - -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: Mon, 4 Nov 2002 10:10:47 -0600 From: michael_niemotka@baxter.com Subject: RE: [CANSLIM] CANSLIM with TA Try this one: http://www.equis.com/Education/TAAZ/?page=66 I'm sure other will respond. If you use stockcharts.com. bigcharts.com, etc, you can get the MACD histogram plotted Hope that helps Mike 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 "Sol Mayer" To: canslim@lists.xmission.com Sent by: cc: owner-canslim@lists.xm Subject: RE: [CANSLIM] CANSLIM with TA ission.com 11/04/2002 09:50 AM Please respond to canslim where do you find the macd histogram also where can I find a good definition of what it is? John Solarno wrote: I personally rely on the MACD histogram. I maintain a database of stocks gleaned from various sources (IBD, VectorVest.) As soon as I see any stock cross the zero line headed upwards, I pay VERY close attention for the next day or two and if it continues to climb with strong volume, I'm in. Conversely, as soon as the histogram starts heading back down towards zero, I unload. I have never managed to get the hang of the cup-with-handle formation. I don't have the mental discipline, I fear, for calculating pivot points and base depths. Don't misunderstand, I still look for those illusive cups, but I find a MACD histogram is easier to spot and, therefore, something I use more frequently. John -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com] On Behalf Of michael_niemotka@baxter.co! m Sent: Thursday, October 31, 2002 8:05 PM To: canslim@lists.xmission.com Subject: [CANSLIM] CANSLIM with TA I was wondering, by a show of hands, how many of the group members use some other form of technical analysis besides the price volume chart action described by WON . Since the chart reading can be very subjective, do any of you use MACD cross overs, or Point and figure charts to confirm a breakout, or possible sell sign for a stock? Thanks Mike 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.co! m" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. Do you Yahoo!? HotJobs - Search new jobs daily now - - - -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: Mon, 4 Nov 2002 11:06:34 -0500 From: "Jeff Bogatay" Subject: RE: [CANSLIM] CANSLIM with TA This is a multi-part message in MIME format. - ------=_NextPart_000_0010_01C283F2.3CF727B0 Content-Type: text/plain; charset="US-ASCII" Content-Transfer-Encoding: 7bit The MACD histogram is a standard indicator available in most (if not all) charting packages as well as the online charting sources. If you are already familiar with the MACD, the histogram is basically the difference between the MACD and the signal plotted as a histogram. A decent explanation of MACD is available here: http://clearstation.etrade.com/education/trending.shtml A shorter version is here: http://www.equis.com/Education/TAAZ/?page=66 - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com] On Behalf Of Sol Mayer Sent: Monday, November 04, 2002 10:50 AM To: canslim@lists.xmission.com Subject: RE: [CANSLIM] CANSLIM with TA where do you find the macd histogram also where can I find a good definition of what it is? John Solarno wrote: I personally rely on the MACD histogram. I maintain a database of stocks gleaned from various sources (IBD, VectorVest.) As soon as I see any stock cross the zero line headed upwards, I pay VERY close attention for the next day or two and if it continues to climb with strong volume, I'm in. Conversely, as soon as the histogram starts heading back down towards zero, I unload. I have never managed to get the hang of the cup-with-handle formation. I don't have the mental discipline, I fear, for calculating pivot points and base depths. Don't misunderstand, I still look for those illusive cups, but I find a MACD histogram is easier to spot and, therefore, something I use more frequently. John - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com] On Behalf Of michael_niemotka@baxter.com Sent: Thursday, October 31, 2002 8:05 PM To: canslim@lists.xmission.com Subject: [CANSLIM] CANSLIM with TA I was wondering, by a show of hands, how many of the group members use some other form of technical analysis besides the price volume chart action described by WON . Since the chart reading can be very subjective, do any of you use MACD cross overs, or Point and figure charts to confirm a breakout, or possible sell sign for a stock? Thanks Mike 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. _____ Do you Yahoo!? HotJobs - Search new jobs daily now - ------=_NextPart_000_0010_01C283F2.3CF727B0 Content-Type: text/html; charset="US-ASCII" Content-Transfer-Encoding: quoted-printable Message
The=20 MACD histogram is a standard indicator available in most (if not all) = charting=20 packages as well as the online charting sources.  If you are = already=20 familiar with the MACD, the histogram is basically the difference = between the=20 MACD and the signal plotted as a histogram.
 
A=20 decent explanation of MACD is available here:
http://c= learstation.etrade.com/education/trending.shtml
 
A=20 shorter version is here:
http://www.equis.= com/Education/TAAZ/?page=3D66
 
 
-----Original Message-----
From:=20 owner-canslim@lists.xmission.com = [mailto:owner-canslim@lists.xmission.com]=20 On Behalf Of Sol Mayer
Sent: Monday, November 04, = 2002 10:50=20 AM
To: canslim@lists.xmission.com
Subject: RE: = [CANSLIM]=20 CANSLIM with TA

where do you find the macd histogram also where can I find a good=20 definition of what it is?=20

 John Solarno <workvirt@workvirtual.com> = wrote:=20 I=20 personally rely on the MACD histogram. I maintain a database of=20 stocks
gleaned from various sources (IBD, VectorVest.) As soon as = I see=20 any
stock cross the zero line headed upwards, I pay VERY close = attention=20 for
the next day or two and if it continues to climb with strong = volume,=20 I'm
in. Conversely, as soon as the histogram starts heading back=20 down
towards zero, I unload.

I have never managed to get = the hang=20 of the cup-with-handle formation.
I don't have the mental = discipline, I=20 fear, for calculating pivot points
and base depths. Don't = misunderstand,=20 I still look for those illusive
cups, but I find a MACD histogram = is=20 easier to spot and, therefore,
something I use more=20 frequently.

John

-----Original Message-----
From:=20 = owner-canslim@lists.xmission.com
[mailto:owner-canslim@lists.xmission.= com]=20 On Behalf Of
michael_niemotka@baxter.com
Sent: Thursday, = October 31,=20 2002 8:05 PM
To: canslim@lists.xmission.com
Subject: [CANSLIM] = CANSLIM=20 with TA

I was wondering, by a show of hands, how many of the = group=20 members use
some
other form of technical analysis besides the = price=20 volume chart action
described by WON .
Since the chart reading = can be=20 very subjective, do any of you use MACD
cross overs, or Point and = figure=20 charts to confirm a breakout, or
possible
sell sign for a=20 stock?

Thanks

Mike

Mike Niemotka , PE
Sr. = Principal=20 Engineer
Baxter Healthcare Corporation
Route 120 & Wilson=20 Road
Round Lake, IL 60073
Tel (847) 270-4075
Fax (847)=20 270-4525
michael_niemotka@baxter.com



-
-To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
-In the = email body,=20 write "subscribe canslim" or
-"unsubscribe canslim". Do not use = quotes in=20 your email.




-
-To subscribe/unsubscribe, email = "majordomo@xmission.com"
-In the email body, write "subscribe = canslim"=20 or
-"unsubscribe canslim". Do not use quotes in your = email.


Do you Yahoo!?
HotJobs=20 - Search new jobs daily now - ------=_NextPart_000_0010_01C283F2.3CF727B0-- - - - -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: Mon, 4 Nov 2002 11:49:43 EST From: Chazmoore@aol.com Subject: Re: [CANSLIM] Re: Funds - --part1_a1.30107f81.2af7ff27_boundary Content-Type: text/plain; charset="US-ASCII" Content-Transfer-Encoding: 7bit Spencer: Go to this link for a list of major stock owners. Charley MSN Money - - Institutional Ownership: Investing - --part1_a1.30107f81.2af7ff27_boundary Content-Type: text/html; charset="US-ASCII" Content-Transfer-Encoding: 7bit Spencer: Go to this link for a list of major stock owners. Charley MSN Money - Institutional Ownership: Investing - --part1_a1.30107f81.2af7ff27_boundary-- - - - -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: Mon, 4 Nov 2002 11:59:38 -0600 From: michael_niemotka@baxter.com Subject: [CANSLIM] selling rules question All, I know I have asked similar questions in the past, but not sure if I have addressed this one: If you have bought a stock, and watched it rise , say 15-20%, and being conservative, you have sold 1/2 your position to lock in those profits, for the other half, do you use a trailing stop (mental or real) to lock in a minimum profit on the rest, say 5%, or do you allow it to drop as low as the 7-8% below your original buy point, or maybe just to a break even point? The reason I ask is the somewhat confusing statement that WON makes in his book about never letting a gain turn into a loss. But how much of a gain do you have to get before you move up the stop loss from 7-8% below buy point to a break even point, without unnecessarily getting pushed out of a otherwise good stock that might just be undergoing a normal correction? Also, assuming that you capital is small, such that the commission fees are not negligible, do you include the costs of the trades in calculating the sell prices? Thanks Mike 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: Mon, 4 Nov 2002 12:51:33 -0600 From: "Chet Kwapisinski" Subject: Re: [CANSLIM] CANSLIM with TA This is a multi-part message in MIME format. - ------=_NextPart_000_000C_01C28400.E70D2520 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable There are been other sites referenced; however you might also visit = these 2 examples regarding a defintion and how some folks apply MACD: http://www.decisionpoint.com/tacourse/MAC-D.html http://www.decisionpoint.com/TraderNick/NickTechCIEN.html Cheers ----- Original Message -----=20 From: Sol Mayer=20 To: canslim@lists.xmission.com=20 Sent: Monday, November 04, 2002 9:50 AM Subject: RE: [CANSLIM] CANSLIM with TA where do you find the macd histogram also where can I find a good = definition of what it is?=20 John Solarno wrote:=20 I personally rely on the MACD histogram. I maintain a database of = stocks gleaned from various sources (IBD, VectorVest.) As soon as I see any stock cross the zero line headed upwards, I pay VERY close attention = for the next day or two and if it continues to climb with strong volume, = I'm in. Conversely, as soon as the histogram starts heading back down towards zero, I unload.=20 I have never managed to get the hang of the cup-with-handle = formation. I don't have the mental discipline, I fear, for calculating pivot = points and base depths. Don't misunderstand, I still look for those = illusive cups, but I find a MACD histogram is easier to spot and, therefore, something I use more frequently. John -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com] On Behalf Of michael_niemotka@baxter.com Sent: Thursday, October 31, 2002 8:05 PM To: canslim@lists.xmission.com Subject: [CANSLIM] CANSLIM with TA I was wondering, by a show of hands, how many of the group members = use some other form of technical analysis besides the price volume chart = action described by WON . Since the chart reading can be very subjective, do any of you use = MACD cross overs, or Point and figure charts to confirm a breakout, or possible sell sign for a stock? Thanks Mike 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 - ------=_NextPart_000_000C_01C28400.E70D2520 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
There are been other sites referenced; = however you=20 might also visit these 2 examples regarding a defintion and=20 how  some folks apply MACD:
 
http://www.deci= sionpoint.com/tacourse/MAC-D.html
 
http:/= /www.decisionpoint.com/TraderNick/NickTechCIEN.html
 
Cheers
 
----- Original Message -----
From:=20 Sol = Mayer=20
Sent: Monday, November 04, 2002 = 9:50=20 AM
Subject: RE: [CANSLIM] CANSLIM = with=20 TA

where do you find the macd histogram also where can I find a good=20 definition of what it is?=20

 John Solarno <workvirt@workvirtual.com>= =20 wrote:=20 I=20 personally rely on the MACD histogram. I maintain a database of=20 stocks
gleaned from various sources (IBD, VectorVest.) As soon as = I see=20 any
stock cross the zero line headed upwards, I pay VERY close = attention=20 for
the next day or two and if it continues to climb with strong = volume,=20 I'm
in. Conversely, as soon as the histogram starts heading back=20 down
towards zero, I unload.

I have never managed to get = the hang=20 of the cup-with-handle formation.
I don't have the mental = discipline, I=20 fear, for calculating pivot points
and base depths. Don't = misunderstand,=20 I still look for those illusive
cups, but I find a MACD histogram = is=20 easier to spot and, therefore,
something I use more=20 frequently.

John

-----Original Message-----
From:=20 = owner-canslim@lists.xmission.com
[mailto:owner-canslim@lists.xmission.= com]=20 On Behalf Of
michael_niemotka@baxter.com
Sent: Thursday, = October 31,=20 2002 8:05 PM
To: canslim@lists.xmission.com
Subject: [CANSLIM] = CANSLIM=20 with TA

I was wondering, by a show of hands, how many of the = group=20 members use
some
other form of technical analysis besides the = price=20 volume chart action
described by WON .
Since the chart reading = can be=20 very subjective, do any of you use MACD
cross overs, or Point and = figure=20 charts to confirm a breakout, or
possible
sell sign for a=20 stock?

Thanks

Mike

Mike Niemotka , PE
Sr. = Principal=20 Engineer
Baxter Healthcare Corporation
Route 120 & Wilson=20 Road
Round Lake, IL 60073
Tel (847) 270-4075
Fax (847)=20 = 270-4525
michael_niemotka@baxter.com
- ------=_NextPart_000_000C_01C28400.E70D2520-- - - - -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: Mon, 4 Nov 2002 18:57:47 -0800 From: "rchodes" Subject: [CANSLIM] MOVI This is a multi-part message in MIME format. - ------=_NextPart_000_001D_01C28434.10C66B00 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable I have MOVI on my watch list and I decided not to purchase shares due to = questions that have been raised about the accounting method they use, = specifically the amortization schedule they use for valuing used = merchandise (DVDs, VCRs). Nothing fraudulent, just some concerns about = whether their liberal assumptions optomistically inflate their gross = margins. Here's a reference for anyone interested; the story is pretty = balanced. http://www.thestreet.com/_yahoo/tech/georgemannes/10048945.html But that's not the point of this question. MOVI scores well on most = fundamentals and the chart looks to me like a nice C&H; the pivot point = before today seemed to be 19.32 and the stock seemed to break through = that pivot point today on high volume. But it tanked at the end of the = day and closed at 17.98. If you purchased at the pp, you'd still own = the stock. So I have 2 questions.=20 1. Does today's high 20.14 become the new high pp for the handle? 2. How do you interpret today's action. Is it positive that it broke = out on high volume in the AM, negative that it closed lower on high = volume, or totally ambiguous? 3. MOVI reports their earnings on WEDS. What's your experience in = buying a stock that appears to break out of a base (as MOVI did this AM) = 2 days before earnings? Do you interpret "smart money" anticipating = good earnings perhaps due to a leak or is this a too risky breakout = since it could easily reverse with bad news on WEDS. =20 Once again, I have no investment in MOVI and I only bring this up as an = example to learn how more experienced CANSLIM investors think about = these issues. Thanks in advance. - ------=_NextPart_000_001D_01C28434.10C66B00 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable

I have MOVI on my watch list and I = decided not to=20 purchase shares due to questions that have been raised about the = accounting=20 method they use, specifically the amortization=20 schedule they use for valuing used merchandise (DVDs, = VCRs). Nothing=20 fraudulent, just some concerns about whether their liberal = assumptions=20 optomistically inflate their gross margins.  Here's a = reference for=20 anyone interested; the story is pretty balanced.
 
= http://www.thestreet.com/_yahoo/tech/georgemannes/10048945.html
 
But that's not the point of this = question. =20 MOVI scores well on most fundamentals and the chart looks to me like a = nice=20 C&H; the pivot point before today seemed to=20 be 19.32 and the stock seemed to break through that pivot point today on = high=20 volume.  But it tanked at the end of the day and closed at = 17.98.  If=20 you purchased at the pp, you'd still own the stock.  So I have 2=20 questions. 
 
1. Does today's high 20.14 become the = new high pp=20 for the handle?
2. How do you interpret today's = action.  Is it=20 positive that it broke out on high volume in the AM, negative that it = closed=20 lower on high volume, or totally ambiguous?
3. MOVI reports their earnings on = WEDS. =20 What's your experience in buying a stock that appears to break out of a = base (as=20 MOVI did this AM) 2 days before earnings?  Do you interpret "smart = money"=20 anticipating good earnings perhaps due to a leak or is this a too risky = breakout=20 since it could easily reverse with bad news on WEDS. 
 
Once again, I have no investment in = MOVI and I only=20 bring this up as an example to learn how more experienced CANSLIM = investors=20 think about these issues.  Thanks in = advance.
- ------=_NextPart_000_001D_01C28434.10C66B00-- - - - -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 #3019 ****************************** 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.