From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #3185 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, February 24 2003 Volume 02 : Number 3185 In this issue: Re: [CANSLIM] CANSLIM Hunting List 02/21/03 + Notes on CANSLIM Re: [CANSLIM] CANSLIM Hunting List 02/21/03 + Notes on CANSLIM Re: [CANSLIM] CANSLIM Hunting List 02/21/03 + Notes on CANSLIM RE: [CANSLIM] CANSLIM Hunting List 02/21/03 + Notes on CANSLIM RE: [CANSLIM] POSS Re: [CANSLIM] CANSLIM Hunting List 02/21/03 + Notes on CANSLIM ---------------------------------------------------------------------- Date: Mon, 24 Feb 2003 11:36:52 EST From: E2moskow@aol.com Subject: Re: [CANSLIM] CANSLIM Hunting List 02/21/03 + Notes on CANSLIM - --part1_152.1c467064.2b8ba424_boundary Content-Type: text/plain; charset="US-ASCII" Content-Transfer-Encoding: 7bit Hi Canslimers: Or should I say "MILSNACer"s, I think the Duke is on to something, if M is not good the rest does not apply.------------------>Morris - --part1_152.1c467064.2b8ba424_boundary Content-Type: text/html; charset="US-ASCII" Content-Transfer-Encoding: quoted-printable Hi Canslimers:
    Or should I say "MILSNACer"s, I think the Duke=20= is on to something, if M is not
good the rest does not apply.------------------>Morris - --part1_152.1c467064.2b8ba424_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, 24 Feb 2003 11:49:14 -0500 From: "Tom Worley" Subject: Re: [CANSLIM] CANSLIM Hunting List 02/21/03 + Notes on CANSLIM This is a multi-part message in MIME format. - ------=_NextPart_000_00A4_01C2DBFA.C10BACF0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable It still applies, but requires a far higher degree of caution, and = greater risk. It also produces a great "classroom" environment for paper = trading, and refining your watch list. If this market continues to move sideways for years to come as Katherine = previously suggested (and I must grudgingly admit is right so far, = despite my nearly eternal bullish attitude), those practitioners of = CANSLIM will either find themselves forever stuck in cash, or making = further compromises on the rules and standards of CANSLIM. It will take = time and effort to figure out what can still work in this kind of "M". - ----- Original Message -----=20 From: E2moskow@aol.com=20 To: canslim@lists.xmission.com=20 Sent: Monday, February 24, 2003 11:36 AM Subject: Re: [CANSLIM] CANSLIM Hunting List 02/21/03 + Notes on CANSLIM Hi Canslimers:=20 Or should I say "MILSNACer"s, I think the Duke is on to something, = if M is not=20 good the rest does not apply.------------------>Morris - ------=_NextPart_000_00A4_01C2DBFA.C10BACF0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
It still applies, but requires a far higher = degree of=20 caution, and greater risk. It also produces a great "classroom" = environment for=20 paper trading, and refining your watch list.
 
If this market continues to move sideways for = years to=20 come as Katherine previously suggested (and I must grudgingly admit is = right so=20 far, despite my nearly eternal bullish attitude), those practitioners of = CANSLIM=20 will either find themselves forever stuck in cash, or making further = compromises=20 on the rules and standards of CANSLIM. It will take time and effort to = figure=20 out what can still work in this kind of "M".
 
----- Original Message -----=20
From: E2moskow@aol.com=20
To: canslim@lists.xmission.com=
Sent: Monday, February 24, 2003 11:36 AM
Subject: Re: [CANSLIM] CANSLIM Hunting List 02/21/03 + Notes = on=20 CANSLIM

Hi = Canslimers:=20
    Or should I say "MILSNACer"s, I think the = Duke is on=20 to something, if M is not
good the rest does not=20 apply.------------------>Morris - ------=_NextPart_000_00A4_01C2DBFA.C10BACF0-- - - - -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, 24 Feb 2003 10:57:34 -0600 From: michael_niemotka@baxter.com Subject: Re: [CANSLIM] CANSLIM Hunting List 02/21/03 + Notes on CANSLIM You bring up an interesting point Tom. Katherine, would you be willing to share with the group the "general" type of trading that you have been doing over the past couple of years, given the "M"? Have you spent the last couple years in mostly cash, or have you done some trading, and if so, how have you modified CANSLIM? Have you taken profits much more quickly, ie at 10-20%, rather than risk a ride for higher gains? Tightening the 8% loss rule to 5%? I am not expecting details, but I think I speak for the group when I say that we all value your insight into the application of CANSLIM. 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 "Tom Worley" cc: Sent by: Subject: Re: [CANSLIM] CANSLIM Hunting List 02/21/03 + Notes on owner-canslim@lists.xm CANSLIM ission.com 02/24/2003 10:49 AM Please respond to canslim It still applies, but requires a far higher degree of caution, and greater risk. It also produces a great "classroom" environment for paper trading, and refining your watch list. If this market continues to move sideways for years to come as Katherine previously suggested (and I must grudgingly admit is right so far, despite my nearly eternal bullish attitude), those practitioners of CANSLIM will either find themselves forever stuck in cash, or making further compromises on the rules and standards of CANSLIM. It will take time and effort to figure out what can still work in this kind of "M". - ----- Original Message ----- From: E2moskow@aol.com To: canslim@lists.xmission.com Sent: Monday, February 24, 2003 11:36 AM Subject: Re: [CANSLIM] CANSLIM Hunting List 02/21/03 + Notes on CANSLIM Hi Canslimers: Or should I say "MILSNACer"s, I think the Duke is on to something, if M is not good the rest does not apply.------------------>Morris - - - -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, 24 Feb 2003 14:19:18 -0500 From: "Duke Miller" Subject: RE: [CANSLIM] CANSLIM Hunting List 02/21/03 + Notes on CANSLIM This is a multi-part message in MIME format. - ------=_NextPart_000_0005_01C2DC0F.BAD8B660 Content-Type: text/plain; charset="US-ASCII" Content-Transfer-Encoding: 7bit Tom: I've been "off this board" for some time, as you know, but nothing has changed. You STILL are "eternally bullish" and there's not a thing wrong with that. However, can the "classroom" you speak of yield worthwhile knowledge when the conditions (markets) are NOT there? It's like students showing up to a finance class only to find a biology teacher mistakenly sent to substitute for the regular teacher. Compromising on rules is a euphemism, Tom, for roulette! I'd rather be "stuck in cash" than wallowing in ash!! Duke - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com] On Behalf Of Tom Worley Sent: Monday, February 24, 2003 11:49 AM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] CANSLIM Hunting List 02/21/03 + Notes on CANSLIM It still applies, but requires a far higher degree of caution, and greater risk. It also produces a great "classroom" environment for paper trading, and refining your watch list. If this market continues to move sideways for years to come as Katherine previously suggested (and I must grudgingly admit is right so far, despite my nearly eternal bullish attitude), those practitioners of CANSLIM will either find themselves forever stuck in cash, or making further compromises on the rules and standards of CANSLIM. It will take time and effort to figure out what can still work in this kind of "M". - ----- Original Message ----- From: E2moskow@aol.com To: canslim@lists.xmission.com Sent: Monday, February 24, 2003 11:36 AM Subject: Re: [CANSLIM] CANSLIM Hunting List 02/21/03 + Notes on CANSLIM Hi Canslimers: Or should I say "MILSNACer"s, I think the Duke is on to something, if M is not good the rest does not apply.------------------>Morris - ------=_NextPart_000_0005_01C2DC0F.BAD8B660 Content-Type: text/html; charset="US-ASCII" Content-Transfer-Encoding: quoted-printable Message
Tom:
 
I've been "off = this board"=20 for some time, as you know, but nothing has changed.  You STILL are = "eternally bullish" and there's not a thing wrong with that.  = However, can=20 the "classroom" you speak of yield worthwhile knowledge when = the=20 conditions (markets) are NOT there?  It's like students showing up = to a=20 finance class only to find a biology teacher mistakenly sent = to=20 substitute for the regular teacher. 
 
Compromising on = rules=20 is a euphemism, Tom, for roulette!  I'd rather be "stuck = in cash"=20 than wallowing in ash!!
 
Duke 
-----Original Message-----
From:=20 owner-canslim@lists.xmission.com = [mailto:owner-canslim@lists.xmission.com]=20 On Behalf Of Tom Worley
Sent: Monday, February 24, = 2003 11:49=20 AM
To: canslim@lists.xmission.com
Subject: Re: = [CANSLIM]=20 CANSLIM Hunting List 02/21/03 + Notes on CANSLIM

It still applies, but requires a far higher = degree of=20 caution, and greater risk. It also produces a great "classroom" = environment=20 for paper trading, and refining your watch list.
 
If this market continues to move sideways for = years to=20 come as Katherine previously suggested (and I must grudgingly admit is = right=20 so far, despite my nearly eternal bullish attitude), those = practitioners of=20 CANSLIM will either find themselves forever stuck in cash, or making = further=20 compromises on the rules and standards of CANSLIM. It will take time = and=20 effort to figure out what can still work in this kind of = "M".
 
----- Original Message -----=20
From: E2moskow@aol.com=20
To: canslim@lists.xmission.com=
Sent: Monday, February 24, 2003 11:36 AM
Subject: Re: [CANSLIM] CANSLIM Hunting List 02/21/03 + = Notes on=20 CANSLIM

Hi = Canslimers:=20
    Or should I say "MILSNACer"s, I think the = Duke is=20 on to something, if M is not
good the rest does not=20 apply.------------------>Morris =
- ------=_NextPart_000_0005_01C2DC0F.BAD8B660-- - - - -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, 24 Feb 2003 11:26:51 -0800 (PST) From: Sol Mayer Subject: RE: [CANSLIM] POSS - --0-447644821-1046114811=:87461 Content-Type: text/plain; charset=us-ascii what's the SI website? Fred Richards wrote:Actually, my CANSLIM performance as represented by the Conservative portfolio is shown on the public portion of the SI website.-----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com] On Behalf Of david frank Sent: Saturday, February 22, 2003 11:46 AM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] POSS Tom, I wasn't looking for "recommendations", just facts. And I really appreciate your personal opinion, which was based on my statements. I have always noticed that your after-"recommendations" are rather different than CANSLIM standards. If you don't want to do the stock thing, you can tell us when "M" is "M". You know it could be next week-right? maybe, for the 16th time. Dave----- Original Message ----- From: Tom Worley To: canslim@lists.xmission.com Sent: Saturday, February 22, 2003 11:21 AMSubject: Re: [CANSLIM] POSS sorry David, but my contributions here stick strictly to mainstream CANSLIM. I work for a broker dealer again, that means that my activity is subject to scrutiny by the NASD and SEC. I don't post anything that can be taken as a "recommendation", if I did it would only be to clients paying for my services, and where I had the KYC (Know Your Customer) knowledge to be sure my comments, recommendations, etc. were appropriate and suitable for that client's particular financial condition, risk tolerance, investment goals, etc. If I ever manage to make the right connection, and find a job as a small cap growth fund manager, I will be glad to tell you what fund I would be running, and you could "participate" that way if you so choose. I do disclose in my weekly WWW column what stocks make that list where I have an interest. By no means does that show my total market interest, nor give insight into when or where I took that interest. But that list is constructed completely differently than my own personal buy or watch lists. And I am not here to lecture, I expressed my personal opinion, you don't have to agree with it, and are just as free to click on the Delete key as to read my posts. ----- Original Message ----- From: david frank To: canslim@lists.xmission.com Sent: Saturday, February 22, 2003 12:11 PMSubject: Re: [CANSLIM] POSS Tom and Fred, Thank you for the standard CANSLIM lectures. To make things more interesting, for us that sweep floors for a living, why don't you tell us when "M" is "M". And, also, tell us which stock you are buying, what price you are paying, your stop, and where you will take profits. Then you are putting your money and words where your mouth is, wont cost you a dime, plus it will make an interesting read here, and I promise I will not front run you. Thank you very much. Dave----- Original Message ----- From: Fred Richards To: canslim@lists.xmission.com Sent: Saturday, February 22, 2003 5:34 AMSubject: RE: [CANSLIM] POSS Excellent . . . we must be on the same wave length. The only thing I would add to all those who think CANSLIM is not appropriate for bear markets is that it still identifies companies which beat the market, e.g., TSCO, AEM, GG, GFI, and MSN last year. Compared to all the other investors who don't follow CANSLIM, it has maintained the value of the investors portfolio by keeping you in cash probably as well as any system out there. While not great, our CANSLIM portfolio did show profits in each of the last three years. Compared to the show of hands in most investors group, that puts CANSLIM investors in a small minority. Can't be all bad!-----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com] On Behalf Of Tom Worley Sent: Friday, February 21, 2003 9:38 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] POSS David, I have seen nothing in the markets over the past several years of a protracted bear market that would require a change in the concept, philosophy, or general rules of CANSLIM. As I perceive CANSLIM, it is a system / style / method / philosophy designed for investors, especially ones with mid to long term horizons. It certainly is not designed nor intended for short term / day trading. Many in this group have expressed the opinion that "M" is the single most important letter of the seven, I happen to completely agree with that, especially for less experienced investors / CANSLIMers. That is doubly true if their risk tolerance is average or lower. Money can and has been made, strictly on the long side, no options, no shorting, during the past several years by following one's own interpretation of CANSLIM. Without any argument, however, that meant taking greater risk, generally required more experience both with investing in general and CANSLIM in particular, and was certainly for me far greater work with less reward. "M" has been telling us to stay in cash, and that is what most have done, judging by the daily volume, as well as the amount of posting in this group. It has been at least 2 years since market conditions favored the CANSLIM style of investing, even more years since long term investors were handsomely rewarded for their patience and trust in a company. During that time we have had lots of reasons additionally to remain in cash, including the dot com bubble bursting, direct act of terrorism against the United States, recession, weak recovering economy, upcoming war with Iraq, threats by N. Korea, Japan in a major recession and with their financial infrastructure on a continual edge of total collapse, and not to ever be forgotten corporate governance issues including fraud, deceit, loss of trust, personal executive greed, etc. If you think about it, that's actually a lot for any market to simply survive in just a few years. It's amazing to me that there is still anyone left (besides me, that is) that will even still stick a few bucks in the market and take a chance. CANSLIM will again have its heyday, when "M" says its time, and this bear market finally retreats back into its cave for an extended hibernation. Until then, it will be CANSLIM hibernating, coming out occasionally to see if the weather has begun to thaw the ice, and going back into the cave if the answer is still no. The big lesson of CANSLIM is to preserve your capital so you survive to see better days. There's nothing "sick" about the system, it's doing exactly what it is designed and intended to do, preserve your capital until "M" favors the investors. ----- Original Message ----- From: david frank To: canslim@lists.xmission.com Sent: Friday, February 21, 2003 6:01 PMSubject: Re: [CANSLIM] POSS Seems to me CANSLIM has come out of hibernation approximately 15 times in the past 3 years and got shot back in it's hole each time, thereby, making it a sick system. that is why I said it is pretty well dead. Even your personal target is not within CANSLIM guide-lines. DaveFrom: Chazmoore@aol.com To: canslim@lists.xmission.com Sent: Friday, February 21, 2003 4:48 PMSubject: Re: [CANSLIM] POSS By definition, CANSLIM is bull market investment method. If you follow CANSLIM to the letter you should be out of the market and in cash or fixed income. CANSLIM is not dead, it is in hibernation until the market improves. When will that be? My personal target is when the S&P 500 crosses the 200 DMA with vigor. Charley - --------------------------------- Do you Yahoo!? Yahoo! Tax Center - forms, calculators, tips, and more - --0-447644821-1046114811=:87461 Content-Type: text/html; charset=us-ascii

what's the SI website?

 Fred Richards <ffradrich@attbi.com> wrote:

Actually, my CANSLIM performance as represented by the Conservative portfolio is shown on the public portion of the SI website.
-----Original Message-----
From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com] On Behalf Of david frank
Sent: Saturday, February 22, 2003 11:46 AM
To: canslim@lists.xmission.com
Subject: Re: [CANSLIM] POSS

Tom, I wasn't looking for "recommendations", just facts. And I really appreciate your personal opinion, which was based on my statements. I have always noticed that your after-"recommendations" are rather different than CANSLIM standards. If you don't want to do the stock thing, you can tell us when "M" is "M". You know it could be next week-right? maybe, for the 16th time. Dave
----- Original Message -----
From: Tom Worley
Sent: Saturday, February 22, 2003 11:21 AM
Subject: Re: [CANSLIM] POSS

sorry David, but my contributions here stick strictly to mainstream CANSLIM. I work for a broker dealer again, that means that my activity is subject to scrutiny by the NASD and SEC. I don't post anything that can be taken as a "recommendation", if I did it would only be to clients paying for my services, and where I had the KYC (Know Your Customer) knowledge to be sure my comments, recommendations, etc. were appropriate and suitable for that client's particular financial condition, risk tolerance, investment goals, etc.
 
If I ever manage to make the right connection, and find a job as a small cap growth fund manager, I will be glad to tell you what fund I would be running, and you could "participate" that way if you so choose.
 
I do disclose in my weekly WWW column what stocks make that list where I have an interest. By no means does that show my total market interest, nor give insight into when or where I took that interest. But that list is constructed completely differently than my own personal buy or watch lists.
 
And I am not here to lecture, I expressed my personal opinion, you don't have to agree with it, and are just as free to click on the Delete key as to read my posts.
 
----- Original Message -----
Sent: Saturday, February 22, 2003 12:11 PM
Subject: Re: [CANSLIM] POSS

Tom and Fred, Thank you for the standard CANSLIM lectures. To make things more interesting, for us that sweep floors for a living, why don't you tell us when "M" is "M". And, also, tell us which stock you are buying, what price you are paying, your stop, and where you will take profits. Then you are putting your money and words where your mouth is, wont cost you a dime, plus it will make an interesting read here, and I promise I will not front run you. Thank you very much. Dave
----- Original Message -----
Sent: Saturday, February 22, 2003 5:34 AM
Subject: RE: [CANSLIM] POSS

Excellent . . . we must be on the same wave length.  The only thing I would add to all those who think CANSLIM is not appropriate for bear markets is that it still identifies companies which beat the market, e.g., TSCO, AEM, GG, GFI, and MSN last year.  Compared to all the other investors who don't follow CANSLIM, it has maintained the value of the investors portfolio by keeping you in cash probably as well as any system out there. 
 
While not great, our CANSLIM portfolio did show profits in each of the last three years.  Compared to the show of hands in most investors group, that puts CANSLIM investors in a small minority.  Can't be all bad!
-----Original Message-----
From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com] On Behalf Of Tom Worley
Sent: Friday, February 21, 2003 9:38 PM
To: canslim@lists.xmission.com
Subject: Re: [CANSLIM] POSS

David,
 
I have seen nothing in the markets over the past several years of a protracted bear market that would require a change in the concept, philosophy, or general rules of CANSLIM. As I perceive CANSLIM, it is a system / style / method / philosophy designed for investors, especially ones with mid to long term horizons. It certainly is not designed nor intended for short term / day trading. Many in this group have expressed the opinion that "M" is the single most important letter of the seven, I happen to completely agree with that, especially for less experienced investors / CANSLIMers. That is doubly true if their risk tolerance is average or lower.
 
Money can and has been made, strictly on the long side, no options, no shorting, during the past several years by following one's own interpretation of CANSLIM. Without any argument, however, that meant taking greater risk, generally required more experience both with investing in general and CANSLIM in particular, and was certainly for me far greater work with less reward. "M" has been telling us to stay in cash, and that is what most have done, judging by the daily volume, as well as the amount of posting in this group.
 
It has been at least 2 years since market conditions favored the CANSLIM style of investing, even more years since long term investors were handsomely rewarded for their patience and trust in a company. During that time we have had lots of reasons additionally to remain in cash, including the dot com bubble bursting, direct act of terrorism against the United States, recession, weak recovering economy, upcoming war with Iraq, threats by N. Korea, Japan in a major recession and with their financial infrastructure on a continual edge of total collapse, and not to ever be forgotten corporate governance issues including fraud, deceit, loss of trust, personal executive greed, etc.
 
If you think about it, that's actually a lot for any market to simply survive in just a few years. It's amazing to me that there is still anyone left (besides me, that is) that will even still stick a few bucks in the market and take a chance.
 
CANSLIM will again have its heyday, when "M" says its time, and this bear market finally retreats back into its cave for an extended hibernation. Until then, it will be CANSLIM hibernating, coming out occasionally to see if the weather has begun to thaw the ice, and going back into the cave if the answer is still no. The big lesson of CANSLIM is to preserve your capital so you survive to see better days. There's nothing "sick" about the system, it's doing exactly what it is designed and intended to do, preserve your capital until "M" favors the investors.
 
----- Original Message -----
Sent: Friday, February 21, 2003 6:01 PM
Subject: Re: [CANSLIM] POSS

Seems to me CANSLIM has come out of hibernation approximately 15 times in the past 3 years and got shot back in it's hole each time, thereby, making it a sick system. that is why I said it is pretty well dead. Even your personal target is not within CANSLIM guide-lines.  Dave
Sent: Friday, February 21, 2003 4:48 PM
Subject: Re: [CANSLIM] POSS

By definition, CANSLIM is bull market investment method. If you follow CANSLIM to the letter you should be out of the market and in cash or fixed income. CANSLIM is not dead, it is in hibernation until the market improves. When will that be? My personal target is when the S&P 500 crosses the 200 DMA with vigor.
Charley


Do you Yahoo!?
Yahoo! Tax Center - forms, calculators, tips, and more - --0-447644821-1046114811=:87461-- - - - -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, 24 Feb 2003 14:31:57 -0500 From: "Tom Worley" Subject: Re: [CANSLIM] CANSLIM Hunting List 02/21/03 + Notes on CANSLIM This is a multi-part message in MIME format. - ------=_NextPart_000_00D8_01C2DC11.7BE97F50 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable MessageDuke, What the "classroom" taught me was to change some of my style. I raised = my upper price threshold, originally I only really looked at stocks up = to the mid teens in price, now my upper limit for both screening, and = buying, is the mid-20s. I also raised my size criteria, and will now = look up to $850 million cap, instead of the $350 million or so size. While I still look almost exclusively at tech stocks, I found myself = more sector oriented, currently focused on internet and hardware = security. Before I took much more of a shotgun approach, and pretty much = disregarded sectors and industries, and which ones were doing better. - ----- Original Message -----=20 From: Duke Miller=20 To: canslim@lists.xmission.com=20 Sent: Monday, February 24, 2003 2:19 PM Subject: RE: [CANSLIM] CANSLIM Hunting List 02/21/03 + Notes on CANSLIM Tom: I've been "off this board" for some time, as you know, but nothing has = changed. You STILL are "eternally bullish" and there's not a thing = wrong with that. However, can the "classroom" you speak of yield = worthwhile knowledge when the conditions (markets) are NOT there? It's = like students showing up to a finance class only to find a biology = teacher mistakenly sent to substitute for the regular teacher. =20 Compromising on rules is a euphemism, Tom, for roulette! I'd rather be = "stuck in cash" than wallowing in ash!! Duke=20 -----Original Message----- From: owner-canslim@lists.xmission.com = [mailto:owner-canslim@lists.xmission.com] On Behalf Of Tom Worley Sent: Monday, February 24, 2003 11:49 AM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] CANSLIM Hunting List 02/21/03 + Notes on = CANSLIM It still applies, but requires a far higher degree of caution, and = greater risk. It also produces a great "classroom" environment for paper = trading, and refining your watch list. If this market continues to move sideways for years to come as = Katherine previously suggested (and I must grudgingly admit is right so = far, despite my nearly eternal bullish attitude), those practitioners of = CANSLIM will either find themselves forever stuck in cash, or making = further compromises on the rules and standards of CANSLIM. It will take = time and effort to figure out what can still work in this kind of "M". ----- Original Message -----=20 From: E2moskow@aol.com=20 To: canslim@lists.xmission.com=20 Sent: Monday, February 24, 2003 11:36 AM Subject: Re: [CANSLIM] CANSLIM Hunting List 02/21/03 + Notes on = CANSLIM Hi Canslimers:=20 Or should I say "MILSNACer"s, I think the Duke is on to something, = if M is not=20 good the rest does not apply.------------------>Morris - ------=_NextPart_000_00D8_01C2DC11.7BE97F50 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Message
Duke,
 
What the "classroom" taught me was to change = some of my=20 style. I raised my upper price threshold, originally I only really = looked at=20 stocks up to the mid teens in price, now my upper limit for both = screening, and=20 buying, is the mid-20s. I also raised my size criteria, and will now = look up to=20 $850 million cap, instead of the $350 million or so size.
 
While I still look almost exclusively at tech = stocks, I=20 found myself more sector oriented, currently focused on internet and = hardware=20 security. Before I took much more of a shotgun approach, and pretty much = disregarded sectors and industries, and which ones were doing=20 better.
 
----- Original Message -----=20
From: Duke=20 Miller
To: canslim@lists.xmission.com=
Sent: Monday, February 24, 2003 2:19 PM
Subject: RE: [CANSLIM] CANSLIM Hunting List 02/21/03 + Notes = on=20 CANSLIM

Tom:
 
I've been "off = this board"=20 for some time, as you know, but nothing has changed.  You STILL are = "eternally bullish" and there's not a thing wrong with that.  = However, can=20 the "classroom" you speak of yield worthwhile knowledge when = the=20 conditions (markets) are NOT there?  It's like students showing up = to a=20 finance class only to find a biology teacher mistakenly sent = to=20 substitute for the regular teacher. 
 
Compromising on = rules=20 is a euphemism, Tom, for roulette!  I'd rather be "stuck = in cash"=20 than wallowing in ash!!
 
Duke 
-----Original Message-----
From:=20 owner-canslim@lists.xmission.com = [mailto:owner-canslim@lists.xmission.com]=20 On Behalf Of Tom Worley
Sent: Monday, February 24, = 2003 11:49=20 AM
To: canslim@lists.xmission.com
Subject: Re: = [CANSLIM]=20 CANSLIM Hunting List 02/21/03 + Notes on CANSLIM

It still applies, but requires a far higher = degree of=20 caution, and greater risk. It also produces a great "classroom" = environment=20 for paper trading, and refining your watch list.
 
If this market continues to move sideways for = years to=20 come as Katherine previously suggested (and I must grudgingly admit is = right=20 so far, despite my nearly eternal bullish attitude), those = practitioners of=20 CANSLIM will either find themselves forever stuck in cash, or making = further=20 compromises on the rules and standards of CANSLIM. It will take time = and=20 effort to figure out what can still work in this kind of = "M".
 
----- Original Message -----=20
From: E2moskow@aol.com=20
Sent: Monday, February 24, 2003 11:36 AM
Subject: Re: [CANSLIM] CANSLIM Hunting List 02/21/03 + = Notes on=20 CANSLIM

Hi = Canslimers:=20
    Or should I say "MILSNACer"s, I think the = Duke is=20 on to something, if M is not
good the rest does not=20 apply.------------------>Morris =
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