From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #3064 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 Saturday, November 30 2002 Volume 02 : Number 3064 In this issue: [CANSLIM] Market-Tester Re: [CANSLIM] SHORT SQUEEZE ??? Re: [CANSLIM] SHORT SQUEEZE ??? Re: [CANSLIM] SHORT SQUEEZE ??? RE: [CANSLIM] CANSLIM Hunting List Updated 11/22/02 ---------------------------------------------------------------------- Date: Fri, 29 Nov 2002 11:54:56 -0600 From: "Curt Corley" Subject: [CANSLIM] Market-Tester This is a multi-part message in MIME format. - ------=_NextPart_000_0015_01C2979E.23765620 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: 7bit Has anybody tried running Market-Tester on individual stocks? Curt - ------=_NextPart_000_0015_01C2979E.23765620 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable

Has anybody tried running Market-Tester on individual stocks?

 

Curt

- ------=_NextPart_000_0015_01C2979E.23765620-- - - - -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: Fri, 29 Nov 2002 14:51:59 -0800 From: Karen White Subject: Re: [CANSLIM] SHORT SQUEEZE ??? Tom, do you mind my asking what is your VR fund? thx, karen At 08:48 PM 11/25/2002 -0500, you wrote: >my VR Fund is smiling, up 94% now on this sweet one. > >----- Original Message ----- >From: Winston Little >To: canslim@lists.xmission.com >Sent: Monday, November 25, 2002 12:19 PM >Subject: [CANSLIM] SHORT SQUEEZE ??? > >A possible short squeeze on Web Link item???? > >10:14AM Neoware Systems squeeze possibly triggered by IBD mention (NWRE) >20.05 +2.30: -- Update -- Advance in stock said to be triggered by >Investors Business Daily mention that stock has "moved closer to its pivot >point of $18." ..... the technical breakout above its $19.50 one-yr high >set Aug 29, which has triggered major short-covering in the stock. Almost >31% of co's small 13 mln share float has been sold short. - - - -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: Fri, 29 Nov 2002 19:15:04 -0500 From: "Tom Worley" Subject: Re: [CANSLIM] SHORT SQUEEZE ??? not at all Karen. It is a mutual fund I manage at Marketocracy.com in a 3 year competition with about 50,000 others. It is Virtual Reality (hence the shorthand of VR), where everything is real except the money. You have to meet the regulators rules on diversification and percentage level to maintain qualification. Trading must conform with the market, volume of execution is limited to 10% of actual, price must also conform to actual executions. I started off simply running a small cap tech fund, but when they expanded the competition into sector grading, I shed most of my non-tech, and am now a small cap Info Technology fund, with about 84% in that sector. - ----- Original Message ----- From: "Karen White" To: Sent: Friday, November 29, 2002 5:51 PM Subject: Re: [CANSLIM] SHORT SQUEEZE ??? Tom, do you mind my asking what is your VR fund? thx, karen At 08:48 PM 11/25/2002 -0500, you wrote: >my VR Fund is smiling, up 94% now on this sweet one. > >----- Original Message ----- >From: Winston Little >To: canslim@lists.xmission.com >Sent: Monday, November 25, 2002 12:19 PM >Subject: [CANSLIM] SHORT SQUEEZE ??? > >A possible short squeeze on Web Link item???? > >10:14AM Neoware Systems squeeze possibly triggered by IBD mention (NWRE) >20.05 +2.30: -- Update -- Advance in stock said to be triggered by >Investors Business Daily mention that stock has "moved closer to its pivot >point of $18." ..... the technical breakout above its $19.50 one-yr high >set Aug 29, which has triggered major short-covering in the stock. Almost >31% of co's small 13 mln share float has been sold short. - - - -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: Fri, 29 Nov 2002 18:25:07 -0800 From: Karen White Subject: Re: [CANSLIM] SHORT SQUEEZE ??? Thanks for filling me in... I try to maintain my lurking position but sometimes curiosity get to me and I cant resist asking. Good luck with the competition and I wanted to add I look forward to your friday nite newsy note and listing of stocks.. I pick and choose and have found some I was very interested in. Thanks ...Karen. At 07:15 PM 11/29/2002 -0500, you wrote: >not at all Karen. It is a mutual fund I manage at Marketocracy.com in a 3 >year competition with about 50,000 others. It is Virtual Reality (hence the >shorthand of VR), where everything is real except the money. You have to >meet the regulators rules on diversification and percentage level to >maintain qualification. Trading must conform with the market, volume of >execution is limited to 10% of actual, price must also conform to actual >executions. I started off simply running a small cap tech fund, but when >they expanded the competition into sector grading, I shed most of my >non-tech, and am now a small cap Info Technology fund, with about 84% in >that sector. > >----- Original Message ----- >From: "Karen White" >To: >Sent: Friday, November 29, 2002 5:51 PM >Subject: Re: [CANSLIM] SHORT SQUEEZE ??? > > >Tom, do you mind my asking what is your VR fund? thx, karen > >At 08:48 PM 11/25/2002 -0500, you wrote: > >my VR Fund is smiling, up 94% now on this sweet one. > > > >----- Original Message ----- > >From: Winston Little > >To: canslim@lists.xmission.com > >Sent: Monday, November 25, 2002 12:19 PM > >Subject: [CANSLIM] SHORT SQUEEZE ??? > > > >A possible short squeeze on Web Link item???? > > > >10:14AM Neoware Systems squeeze possibly triggered by IBD mention (NWRE) > >20.05 +2.30: -- Update -- Advance in stock said to be triggered by > >Investors Business Daily mention that stock has "moved closer to its pivot > >point of $18." ..... the technical breakout above its $19.50 one-yr high > >set Aug 29, which has triggered major short-covering in the stock. Almost > >31% of co's small 13 mln share float has been sold short. > > >- >-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: Sat, 30 Nov 2002 10:44:21 -0800 From: Karen White Subject: RE: [CANSLIM] CANSLIM Hunting List Updated 11/22/02 A little late in downloading the hunting list as I was on a brief holiday but once again I cant figure out how to remove those comments covering the stock symbols... I figured it out last month but this month im stuck... Help? surely someone else with the excel viewer had to look? thx Karen At 10:06 PM 11/24/2002 -0500, you wrote: >Hi Katherine, Tom and others, > > > >As a generally non-contributing lurker on this board, but extremely >interested investor, I continue to learn a great deal from you and the >other knowledgeable contributors. I look forward to your monthly Hunting >List and Tom s weekly list to compare with what I get from my screening. > > > >Thanks, > >Bill King > > > >-----Original Message----- >From: owner-canslim@lists.xmission.com >[mailto:owner-canslim@lists.xmission.com]On Behalf Of Katherine Malm >Sent: Sunday, November 24, 2002 11:49 AM >To: canslim@lists.xmission.com >Subject: [CANSLIM] CANSLIM Hunting List Updated 11/22/02 > > > >Hi All, > > > >I've uploaded the latest CANSLIM Hunting list to: > > > >http://WallStreet-LLC.com/canslim/CANSLIMHunting112202.xls >( a bit slow to load) > >http://WallStreet-LLC.com/canslim/CANSLIMHunting112202.zip >( a zipped version for download) > >*Please note that these spreadsheets were prepared with Excel 2000 for >Windows. If you have older versions of Excel or use a Mac version, you >will not be able to view them properly. If you do not have Excel, see >http://office.microsoft.com/downloads/2000/xlviewer.aspx >for a free viewer. > > > >In order to make it to the list, the stock had to have a forward growth >rate of at least 15%, Price at least 6, Avg Daily Vol at least 30K, RS at >least 60, no more than 15% below the 50 day SMA, and at or above the 200 >day SMA. This is what I consider to be "bare bones" requirements for >CANSLIM quality stocks. (Note that if you follow stricter CANSLIM >guidelines, you can use the autofilter feature in each column and view >only Price>=$12 (or 15) and AvgVol>=100000.) Other information included is >industry name (slightly different than DGO's names, but close enough!), >price, avg vol, and links to graphs and due diligence sites on the >internet. This month I've also added links to Mike's and (now my!) >cwhcharts for each stock which displays U/D volume, RS Rank, Comparative >RS vs. SPX and more. I've also added a couple of additional columns as an >outgrowth of my recent discussion with Eric J regarding relative >outperformance of certain stocks and strength of potential and current >leader stocks. You'll find a column for the RS Line since the 10/10 market >low. If the RS Line (RS compared to S&P500) has been going up since that >date (indicating outperformance relative to the market), it is indicated >with a "+". I've also included a column to show the % off the 52 week high >for those that keep their eye focused on such things. Also note that there >are 4 sheets in the workbook, though this is easy to overlook. The first >sheet has the listed stocks, but others include a list of stocks dropped >from the list, a summary of stocks by sector, and a sheet with misc. links >for free info on the web. > > > >If you'd like to look at last month's hunting list, you will find it at: > > > >http://WallStreet-LLC.com/canslim/CANSLIMHunting101802.xls >or > >http://WallStreet-LLC.com/canslim/CANSLIMHunting101802.zip > > > >This month there are 476 names, up a whopping 105 names from the list I >posted last month just after the FTD. This month, 125 names fell from >the list, 230 new names came on board and 246 names are repeats. Though >rotation on the list is still fairly severe, the large number of repeats >does show some marked improvement over what I've seen in the last year. >It's an encouraging sign that money seems to continue to flow out of >defensive names such as REITS, Mining and Healthcare (hospitals/HMO's) and >into growth areas such as Healthcare equipment/instruments and Business >Sevices. Of particular note this month is the high representation of media >stocks. As a sign of *economic* strength (though not necessarily market >strength), this is very important. 19 names show on the list and represent >both print and broadcast media. AOL also announced recently that they see >a strengthening demand for advertising. This is an important sign, because >media is typically one of the strong sectors leading out of economic >reversionary periods. As the market is a discounting mechanism, this then >bodes well. Other areas with good representation are telecom (select >cellular and equipment companies), computer services and business >services. I don't see it as particularly troubling that more retailers >don't show on the list. The consumer stocks have dominated over the past >20 (or so) years and I don't think it would be out of the question there >would be a substantial secular shift to capital goods and other >quasi-cyclical sectors in the future. Tech supports many industries and >great growth stocks don't necessarily have to come from consumer related >businesses (though it is true many growth companies do typically come from >innovative retailers.) It's also interesting to me that Biotech is well >represented on this month's list with 14 names. While this is a high-risk >sector, it is encouraging to see institutional money flow to it. Many >believe biotech will be the most important growth industry going forward. >I am also not troubled by the flow of money *out* of homebuilders and >related stocks. Again, the market is a discounting mechanism. That means >that if money is flowing out of this sector, the growth in housing, >etc.will decline. People may not be building new houses at a pace equal to >the last 10-15 years in the future, but it's a fallacy to conclude that >the consumer will no longer be healthy and spend money. The laborers and >supporting businesses will shift to other industries as a result in the >same way that they did when the oil industry collapsed in the early '80's. >Take a trip to Houston today and you'll find it a far different city than >it was at that time--still a lot of oil money, but a far more diverse >group of businesses than 20 years ago. > > > >With a follow-through day under our belts, decent (though certainly not >perfect, and still suspect) action in recent breakouts and a list of >hunting candidates composed of less defensive names and more fully >populated with innovative companies, it's an encouraging sign that we may >be in for an intermediate term rally of some consequence. It's still a >jungle out there....be sure to honor all your buy *and* sell rules!! > > > >One last note...I'm aware that there are many who will not use a list >stocks such as this (and rightfully so), but it's always difficult to tell >if the spreadsheet is useful to enough people on the CANSLIM list to >continue to spend the time it takes to prepare each month. As there is no >way to monitor the number of downloads, I'll need some individual feedback >to gauge the value to the list. Tom Worley has often expressed the same >sentiment from time to time given the amount of effort he puts into his >weekly Weekend Weeview, so I am following his lead to get a pulse point. > > > >Happy Hunting, > >Katherine - - - -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 #3064 ****************************** 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.