From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #3208 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 Thursday, March 13 2003 Volume 02 : Number 3208 In this issue: Re: [CANSLIM] M [CANSLIM] intraday volume on the NASD and NYSE Re: [CANSLIM] intraday volume on the NASD and NYSE Re: [CANSLIM] M Re: [CANSLIM] intraday volume on the NASD and NYSE Re: [CANSLIM] intraday volume on the NASD and NYSE Re: [CANSLIM] intraday volume on the NASD and NYSE Re: [CANSLIM] M Re: [CANSLIM] M Re: [CANSLIM] M Re: [CANSLIM] M ---------------------------------------------------------------------- Date: Tue, 11 Mar 2003 22:21:30 -0500 From: Mike Subject: Re: [CANSLIM] M > Does anyone recognize this pattern < Some would say the QQQs ended an impulsive move down on Feb 13, then had a correctional wave up to March 3. The impulsive was 5 zigs and correctional was 3, so the overall down trend is expected to continue. Going forward we may be starting wave 3 which could be impressive, April may bring a buying opportunity, we'll see. Sometimes I think they just make this stuff up. :) Also the MACD was deviating during this period so price had a probability of breaking the ascending triangle. Guess this sort of Voodo doesn't belong here, I'm interested in various approaches and hope you are at least amused. I doubt one discipline is better than another, more important is the system has to fit the individual. imho, anyway. I'm hearing a lot of comparison between the Gulf War and now too. If everyone expects the market will go up it might, at least at first while initially there is the appearance of serious progress. This could easily turn into a longer commitment and that will upset investors. There is a real treat of homeland terrorism this time. Also the personal, state and national debt are way higher than in 91. I heard on the radio today the estimate for rebuilding some piece of Iraq will be $300 billion, that's going to be a drag on growth. If you step back from the chart it looks like 91 was a pause in a bull market, but now we have a bear. Not sure what to think of it but I observe oil prices where fairly stabile before 91, the futures went momentarily nuts but then came right back down, there were no supply problems, this time we are in a sustained rise? I don't know, you value investors are much better at this sort of stuff. Don't think I want to bet on the 90's returning just yet. Mike - - - -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, 12 Mar 2003 17:53:51 -0700 From: "Rolf Hertenstein" Subject: [CANSLIM] intraday volume on the NASD and NYSE Anybody know of a website where this is shown. I'm curious if most of today's volume came late with the rise in the indices. Rolf - - - -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, 12 Mar 2003 19:51:22 -0500 From: "Tom Worley" Subject: Re: [CANSLIM] intraday volume on the NASD and NYSE Rolf, go to www.bigcharts.com and you can use the toolbar at the left to select any time interval, including 1 minute intervals for current day. - ----- Original Message ----- From: "Rolf Hertenstein" To: Sent: Wednesday, March 12, 2003 7:53 PM Subject: [CANSLIM] intraday volume on the NASD and NYSE Anybody know of a website where this is shown. I'm curious if most of today's volume came late with the rise in the indices. Rolf - - - -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, 12 Mar 2003 17:30:54 -0800 From: Ian Subject: Re: [CANSLIM] M > I'm hearing a lot of comparison between the Gulf War and now too. If > everyone expects the market will go up it might, at least at first while > initially there is the appearance of serious progress Hi Mike: I've been wondering about this too. With all the bad news, and worsening outlook, I've been baffled that the market hasn't really gone down significantly. The NASDAQ is only down 4% on the year, and the OEX is down less than 8%. Those numbers definitely do NOT match the 'terrible bear' scenario painted by the media. Also, given persistent high energy prices, and an undercurrent of rumours that technology spending has really started to slow down, it's amazing to me that the list of IBD leading groups is chock full of yesteryears tech winners - meaning that the traders and speculators seem to still be out in force. I haven't seen much panic selling (except perhaps in the gold's) yet, and my personal little world of nanocap CANSLIM has actually been doing exceptionally well. I'm starting to wonder if the Iraq conflict isn't actually serving to prop up the market, since it plays into the hands of the idea that 'things are "about" to get better'? Perhaps it is not possible for the market to really drop until after the Iraq situation has played out? I guess we'll have to keep an eye on the indices to find out. Just musing - since there isn't much official CANSLIM discussion going on. Cheers, Ian - - - -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, 12 Mar 2003 18:58:52 -0700 From: "Rolf Hertenstein" Subject: Re: [CANSLIM] intraday volume on the NASD and NYSE Thanks for the reply Tom. I've tried this in the past and again just now but in the volume box I only see: Exchange provides no volume data. I have used bigcharts intraday for individual stocks with success. Rolf > Rolf, go to www.bigcharts.com and you can use the toolbar at the left to > select any time interval, including 1 minute intervals for current day. > > ----- Original Message ----- > From: "Rolf Hertenstein" > To: > Sent: Wednesday, March 12, 2003 7:53 PM > Subject: [CANSLIM] intraday volume on the NASD and NYSE > > > Anybody know of a website where this is shown. I'm curious if most of > today's volume came late with the rise in the indices. > > Rolf > > > - > -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: Wed, 12 Mar 2003 21:06:12 -0500 From: "Tom Worley" Subject: Re: [CANSLIM] intraday volume on the NASD and NYSE you're right, I forgot about that. I tried QQQ as a proxy, but volume looked pretty distributed out over the day. What I did notice today is that most of the positive action seemed to be on the big cap stocks. Mid and small cap indexes all remained in the red for the day. - ----- Original Message ----- From: "Rolf Hertenstein" To: Sent: Wednesday, March 12, 2003 8:58 PM Subject: Re: [CANSLIM] intraday volume on the NASD and NYSE Thanks for the reply Tom. I've tried this in the past and again just now but in the volume box I only see: Exchange provides no volume data. I have used bigcharts intraday for individual stocks with success. Rolf > Rolf, go to www.bigcharts.com and you can use the toolbar at the left to > select any time interval, including 1 minute intervals for current day. > > ----- Original Message ----- > From: "Rolf Hertenstein" > To: > Sent: Wednesday, March 12, 2003 7:53 PM > Subject: [CANSLIM] intraday volume on the NASD and NYSE > > > Anybody know of a website where this is shown. I'm curious if most of > today's volume came late with the rise in the indices. > > Rolf > > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. > > > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Wed, 12 Mar 2003 19:40:47 -0800 (PST) From: Marc Deiter Subject: Re: [CANSLIM] intraday volume on the NASD and NYSE Rolf, Volume did pick up in the afternoon 'rally', but the breadth of the rally was fairly narrow. There were more declines than advances on both the NYSE and NASDAQ. - --- Rolf Hertenstein wrote: > Thanks for the reply Tom. I've tried this in the past and again > just now > but in the volume box I only see: Exchange provides no volume > data. > > I have used bigcharts intraday for individual stocks with success. > > Rolf > > > > Rolf, go to www.bigcharts.com and you can use the toolbar at the > left to > > select any time interval, including 1 minute intervals for > current day. > > > > ----- Original Message ----- > > From: "Rolf Hertenstein" > > To: > > Sent: Wednesday, March 12, 2003 7:53 PM > > Subject: [CANSLIM] intraday volume on the NASD and NYSE > > > > > > Anybody know of a website where this is shown. I'm curious if > most of > > today's volume came late with the rise in the indices. > > > > Rolf > > > > > > - > > -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. __________________________________________________ Do you Yahoo!? Yahoo! Web Hosting - establish your business online http://webhosting.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: Wed, 12 Mar 2003 20:01:18 -0800 From: "NANCY POLCARO" Subject: Re: [CANSLIM] M - ------=_NextPart_001_0000_01C2E8D2.256A60E0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Ian-I would be curious to know criteria you use to find nanocap canslims = and those would be different from regular canslim rules. I have been won= dering for quite a while how to scan or hunt for stocks like this and it = would be perfect for people who do not have much money to get into the ma= rket. Thanks for any details you could supply nancy - ----- Original Message ----- From: Ian Sent: Wednesday, March 12, 2003 5:02 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] M > I'm hearing a lot of comparison between the Gulf War and now too. If > everyone expects the market will go up it might, at least at first whil= e > initially there is the appearance of serious progress Hi Mike: I've been wondering about this too. With all the bad news, and worsening outlook, I've been baffled that the market hasn't really gone down significantly. The NASDAQ is only down 4% on the year, and the OEX is dow= n less than 8%. Those numbers definitely do NOT match the 'terrible bear' scenario painted by the media. Also, given persistent high energy prices, and an undercurrent of rumours that technology spending has really started to slow down, it's amazing to= me that the list of IBD leading groups is chock full of yesteryears tech winners - meaning that the traders and speculators seem to still be out i= n force. I haven't seen much panic selling (except perhaps in the gold's) yet, and= my personal little world of nanocap CANSLIM has actually been doing exceptionally well. I'm starting to wonder if the Iraq conflict isn't actually serving to pro= p up the market, since it plays into the hands of the idea that 'things are "about" to get better'? Perhaps it is not possible for the market to real= ly drop until after the Iraq situation has played out? I guess we'll have to keep an eye on the indices to find out. Just musing - since there isn't much official CANSLIM discussion going on= . Cheers, Ian - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. - ------=_NextPart_001_0000_01C2E8D2.256A60E0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Ian-I would be= curious to know criteria you use to find nanocap canslims and those= would be different from regular canslim rules.  I have been wonderi= ng for quite a while how to scan or hunt for stocks like this and it woul= d be perfect for people who do not have much money to get into the m= arket.   Thanks for any details you could supply  nancy
 
----- Original Message -----
=
Fro= m: Ian
Sent: Wednesday, = March 12, 2003 5:02 PM
To: c= anslim@lists.xmission.com
Subjec= t: Re: [CANSLIM] M
 
> I'm hearing a lot of c= omparison between the Gulf War and now too.  If
> everyone exp= ects the market will go up it might, at least at first while
> init= ially there is the appearance of serious progress

Hi Mike:

= I've been wondering about this too. With all the bad news, and worsening<= BR>outlook, I've been baffled that the market hasn't really gone down
= significantly. The NASDAQ is only down 4% on the year, and the OEX is dow= n
less than 8%. Those numbers definitely do NOT match the 'terrible be= ar'
scenario painted by the media.

Also, given persistent high = energy prices, and an undercurrent of rumours
that technology spending= has really started to slow down, it's amazing to me
that the list of = IBD leading groups is chock full of yesteryears tech
winners - meaning= that the traders and speculators seem to still be out in
force.
I haven't seen much panic selling (except perhaps in the gold's) yet, a= nd my
personal little world of nanocap CANSLIM has actually been doing=
exceptionally well.

I'm starting to wonder if the Iraq conflic= t isn't actually serving to prop
up the market, since it plays into th= e hands of the idea that 'things are
"about" to get better'? Perhaps i= t is not possible for the market to really
drop until after the Iraq s= ituation has played out? I guess we'll have to
keep an eye on the indi= ces to find out.

Just musing - since there isn't much official CAN= SLIM discussion going on.

Cheers,

Ian


-
-To s= ubscribe/unsubscribe, email "majordomo@xmission.com"
-In the email bod= y, write "subscribe canslim" or
-"unsubscribe canslim".  Do not u= se quotes in your email.
- ------=_NextPart_001_0000_01C2E8D2.256A60E0-- - - - -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, 12 Mar 2003 21:06:11 -0800 From: Ian Subject: Re: [CANSLIM] M This is a multi-part message in MIME format. - --Boundary_(ID_UzaSlgxfxNt53+Cr7pq/pA) Content-type: text/plain; charset=iso-8859-1 Content-transfer-encoding: 7BIT Hi Nancy: My criteria are the exact same as 'traditional' CANSLIM, except that I do not filter out candidates due to price or ADV or market cap. They need to have strong revenue and EPS growth (preferably with EPS growth > revenue growth), new products/services, a strong outlook, good ROE. Most importantly, a quantum surge in ADV, or a noticeable sustanined increase in ADV seems to be the primary indicator of a sustained run. To me, this means that 'I' are coming into the stock. I prefer to buy them right at the traditional trigger point - which makes it tricky, as 5% isn't much in a $4-$8 stock - often leaving me very short time frames for optimal purchase price. The truth is that I would prefer to deal in more liquid, higher-priced stocks - but since March 2000, I've found that the smaller stocks offer me more predictability of sustained breakouts. Recent examples include: ILI, DOCX, OPTC, SGMA - pay particular attention to trading volumes, and you'll see that a sustained increase means the breakout is likely to hold. Cheers, Ian ----- Original Message ----- From: NANCY POLCARO To: canslim Sent: Wednesday, March 12, 2003 8:01 PM Subject: Re: [CANSLIM] M Ian-I would be curious to know criteria you use to find nanocap canslims and those would be different from regular canslim rules. I have been wondering for quite a while how to scan or hunt for stocks like this and it would be perfect for people who do not have much money to get into the market. Thanks for any details you could supply nancy ----- Original Message ----- From: Ian Sent: Wednesday, March 12, 2003 5:02 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] M > I'm hearing a lot of comparison between the Gulf War and now too. If > everyone expects the market will go up it might, at least at first while > initially there is the appearance of serious progress Hi Mike: I've been wondering about this too. With all the bad news, and worsening outlook, I've been baffled that the market hasn't really gone down significantly. The NASDAQ is only down 4% on the year, and the OEX is down less than 8%. Those numbers definitely do NOT match the 'terrible bear' scenario painted by the media. Also, given persistent high energy prices, and an undercurrent of rumours that technology spending has really started to slow down, it's amazing to me that the list of IBD leading groups is chock full of yesteryears tech winners - meaning that the traders and speculators seem to still be out in force. I haven't seen much panic selling (except perhaps in the gold's) yet, and my personal little world of nanocap CANSLIM has actually been doing exceptionally well. I'm starting to wonder if the Iraq conflict isn't actually serving to prop up the market, since it plays into the hands of the idea that 'things are "about" to get better'? Perhaps it is not possible for the market to really drop until after the Iraq situation has played out? I guess we'll have to keep an eye on the indices to find out. Just musing - since there isn't much official CANSLIM discussion going on. Cheers, Ian - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. - --Boundary_(ID_UzaSlgxfxNt53+Cr7pq/pA) Content-type: text/html; charset=iso-8859-1 Content-transfer-encoding: 7BIT
Hi Nancy:
 
My criteria are the exact same as 'traditional' CANSLIM, except that I do not filter out candidates due to price or ADV or market cap.
 
They need to have strong revenue and EPS growth (preferably with EPS growth > revenue growth), new products/services, a strong outlook, good ROE. Most importantly, a quantum surge in ADV, or a noticeable sustanined increase in ADV seems to be the primary indicator of a sustained run. To me, this means that 'I' are coming into the stock.
 
I prefer to buy them right at the traditional trigger point - which makes it tricky, as 5% isn't much in a $4-$8 stock - often leaving me very short time frames for optimal purchase price.
 
The truth is that I would prefer to deal in more liquid, higher-priced stocks - but since March 2000, I've found that the smaller stocks offer me more predictability of sustained breakouts.
 
Recent examples include: ILI, DOCX, OPTC, SGMA - pay particular attention to trading volumes, and you'll see that a sustained increase means the breakout is likely to hold.
 
Cheers,
 
Ian
----- Original Message -----
To: canslim
Sent: Wednesday, March 12, 2003 8:01 PM
Subject: Re: [CANSLIM] M

Ian-I would be curious to know criteria you use to find nanocap canslims and those would be different from regular canslim rules.  I have been wondering for quite a while how to scan or hunt for stocks like this and it would be perfect for people who do not have much money to get into the market.   Thanks for any details you could supply  nancy
 
----- Original Message -----
From: Ian
Sent: Wednesday, March 12, 2003 5:02 PM
To: canslim@lists.xmission.com
Subject: Re: [CANSLIM] M
 
> I'm hearing a lot of comparison between the Gulf War and now too.  If
> everyone expects the market will go up it might, at least at first while
> initially there is the appearance of serious progress

Hi Mike:

I've been wondering about this too. With all the bad news, and worsening
outlook, I've been baffled that the market hasn't really gone down
significantly. The NASDAQ is only down 4% on the year, and the OEX is down
less than 8%. Those numbers definitely do NOT match the 'terrible bear'
scenario painted by the media.

Also, given persistent high energy prices, and an undercurrent of rumours
that technology spending has really started to slow down, it's amazing to me
that the list of IBD leading groups is chock full of yesteryears tech
winners - meaning that the traders and speculators seem to still be out in
force.

I haven't seen much panic selling (except perhaps in the gold's) yet, and my
personal little world of nanocap CANSLIM has actually been doing
exceptionally well.

I'm starting to wonder if the Iraq conflict isn't actually serving to prop
up the market, since it plays into the hands of the idea that 'things are
"about" to get better'? Perhaps it is not possible for the market to really
drop until after the Iraq situation has played out? I guess we'll have to
keep an eye on the indices to find out.

Just musing - since there isn't much official CANSLIM discussion going on.

Cheers,

Ian


-
-To subscribe/unsubscribe, email "majordomo@xmission.com"
-In the email body, write "subscribe canslim" or
-"unsubscribe canslim".  Do not use quotes in your email.
- --Boundary_(ID_UzaSlgxfxNt53+Cr7pq/pA)-- - - - -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, 12 Mar 2003 20:45:01 -0800 From: "NANCY POLCARO" Subject: Re: [CANSLIM] M - ------=_NextPart_001_0001_01C2E8D8.40E49F60 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Thanks Ian-Ill look into this appreciate it nancy - ----- Original Message ----- From: Ian Sent: Wednesday, March 12, 2003 8:37 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] M Hi Nancy: My criteria are the exact same as 'traditional' CANSLIM, except that I do= not filter out candidates due to price or ADV or market cap. They need to have strong revenue and EPS growth (preferably with EPS grow= th > revenue growth), new products/services, a strong outlook, good ROE. = Most importantly, a quantum surge in ADV, or a noticeable sustanined incr= ease in ADV seems to be the primary indicator of a sustained run. To me, = this means that 'I' are coming into the stock. I prefer to buy them right at the traditional trigger point - which makes= it tricky, as 5% isn't much in a $4-$8 stock - often leaving me very sho= rt time frames for optimal purchase price. The truth is that I would prefer to deal in more liquid, higher-priced st= ocks - but since March 2000, I've found that the smaller stocks offer me = more predictability of sustained breakouts. Recent examples include: ILI, DOCX, OPTC, SGMA - pay particular attention= to trading volumes, and you'll see that a sustained increase means the b= reakout is likely to hold. Cheers, Ian - ----- Original Message ----- =20 From: NANCY POLCARO =20 To: canslim =20 Sent: Wednesday, March 12, 2003 8:01 PM Subject: Re: [CANSLIM] M Ian-I would be curious to know criteria you use to find nanocap canslims = and those would be different from regular canslim rules. I have been won= dering for quite a while how to scan or hunt for stocks like this and it = would be perfect for people who do not have much money to get into the ma= rket. Thanks for any details you could supply nancy - ----- Original Message ----- From: Ian Sent: Wednesday, March 12, 2003 5:02 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] M > I'm hearing a lot of comparison between the Gulf War and now too. If > everyone expects the market will go up it might, at least at first whil= e > initially there is the appearance of serious progress Hi Mike: I've been wondering about this too. With all the bad news, and worsening outlook, I've been baffled that the market hasn't really gone down significantly. The NASDAQ is only down 4% on the year, and the OEX is dow= n less than 8%. Those numbers definitely do NOT match the 'terrible bear' scenario painted by the media. Also, given persistent high energy prices, and an undercurrent of rumours that technology spending has really started to slow down, it's amazing to= me that the list of IBD leading groups is chock full of yesteryears tech winners - meaning that the traders and speculators seem to still be out i= n force. I haven't seen much panic selling (except perhaps in the gold's) yet, and= my personal little world of nanocap CANSLIM has actually been doing exceptionally well. I'm starting to wonder if the Iraq conflict isn't actually serving to pro= p up the market, since it plays into the hands of the idea that 'things are "about" to get better'? Perhaps it is not possible for the market to real= ly drop until after the Iraq situation has played out? I guess we'll have to keep an eye on the indices to find out. Just musing - since there isn't much official CANSLIM discussion going on= . Cheers, Ian - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. - ------=_NextPart_001_0001_01C2E8D8.40E49F60 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Thanks Ian-Ill look into this appreciate = it nancy
 
----- Original Message -= - ----
From: Ian
Sent: = Wednesday, March 12, 2003 8:37 PM
<= B>To: canslim@lists.xmission.com
Hi Nancy:
 
My criteria are the exact same as 'traditional' CANSLIM, except that I = do not filter out candidates due to price or ADV or market cap.
 
They need to have strong re= venue and EPS growth (preferably with EPS growth > revenue growth), ne= w products/services, a strong outlook, good ROE. Most importantly, a= quantum surge in ADV, or a noticeable sustanined increase in ADV seems t= o be the primary indicator of a sustained run. To me, this means that 'I'=  are coming into the stock.
 
I prefer to buy them right at the traditional trigger poin= t - which makes it tricky, as 5% isn't much in a $4-$8 stock - often leav= ing me very short time frames for optimal purchase price.
 
The truth is that I would prefer = to deal in more liquid, higher-priced stocks - but since March 2000, I've= found that the smaller stocks offer me more predictability of sustained = breakouts.
 
Recent = examples include: ILI, DOCX, OPTC, SGMA - pay particular attention to tra= ding volumes, and you'll see that a sustained increase means the breakout=  is likely to hold.
 
Cheers,
 
Ian<= /FONT>
----- Original Message -----
From:<= /B> NANCY = POLCARO
Sent: Wednesday, M= arch 12, 2003 8:01 PM
Subject: Re: [CANSLIM] M

Ian-I would be curious to k= now criteria you use to find nanocap canslims and those would be dif= ferent from regular canslim rules.  I have been wondering for quite = a while how to scan or hunt for stocks like this and it would be perfect = for people who do not have much money to get into the market.  =  Thanks for any details you could supply  nancy
&nbs= p;
----- Original Message -----
From: Ian
Sent: Wednesday, March 12, 200= 3 5:02 PM
To: canslim@lists.= xmission.com
Subject: Re: [C= ANSLIM] M
 
> I'm hearing a lot of comparison bet= ween the Gulf War and now too.  If
> everyone expects the mark= et will go up it might, at least at first while
> initially there i= s the appearance of serious progress

Hi Mike:

I've been won= dering about this too. With all the bad news, and worsening
outlook, I= 've been baffled that the market hasn't really gone down
significantly= . The NASDAQ is only down 4% on the year, and the OEX is down
less tha= n 8%. Those numbers definitely do NOT match the 'terrible bear'
scenar= io painted by the media.

Also, given persistent high energy prices= , and an undercurrent of rumours
that technology spending has really s= tarted to slow down, it's amazing to me
that the list of IBD leading g= roups is chock full of yesteryears tech
winners - meaning that the tra= ders and speculators seem to still be out in
force.

I haven't s= een much panic selling (except perhaps in the gold's) yet, and my
pers= onal little world of nanocap CANSLIM has actually been doing
exception= ally well.

I'm starting to wonder if the Iraq conflict isn't actua= lly serving to prop
up the market, since it plays into the hands of th= e idea that 'things are
"about" to get better'? Perhaps it is not poss= ible for the market to really
drop until after the Iraq situation has = played out? I guess we'll have to
keep an eye on the indices to find o= ut.

Just musing - since there isn't much official CANSLIM discussi= on going on.

Cheers,

Ian


-
-To subscribe/unsu= bscribe, email "majordomo@xmission.com"
-In the email body, write "sub= scribe canslim" or
-"unsubscribe canslim".  Do not use quotes in = your email.
- ------=_NextPart_001_0001_01C2E8D8.40E49F60-- - - - -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: Thu, 13 Mar 2003 07:33:50 -0600 From: "Joe McCall" Subject: Re: [CANSLIM] M This is a multi-part message in MIME format. - ------=_NextPart_000_002F_01C2E932.E3FADB60 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Mike, I totally agree with your second paragraph and your analysis on the new = gulf war. If anyone didn't read it or missed it, you should go back and = read it. I too many people have unrealistic expectations. That's just = my opinion. Joe ----- Original Message -----=20 From: Mike=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, March 11, 2003 9:21 PM Subject: Re: [CANSLIM] M > Does anyone recognize this pattern < Some would say the QQQs ended an impulsive move down on Feb 13, then = had a=20 correctional wave up to March 3. The impulsive was 5 zigs and = correctional=20 was 3, so the overall down trend is expected to continue. Going = forward we=20 may be starting wave 3 which could be impressive, April may bring a = buying=20 opportunity, we'll see. Sometimes I think they just make this stuff=20 up. :) Also the MACD was deviating during this period so price had = a=20 probability of breaking the ascending triangle. Guess this sort of = Voodo=20 doesn't belong here, I'm interested in various approaches and hope you = are=20 at least amused. I doubt one discipline is better than another, more=20 important is the system has to fit the individual. imho, anyway. I'm hearing a lot of comparison between the Gulf War and now too. If=20 everyone expects the market will go up it might, at least at first = while=20 initially there is the appearance of serious progress. This could = easily=20 turn into a longer commitment and that will upset investors. There is = a=20 real treat of homeland terrorism this time. Also the personal, state = and=20 national debt are way higher than in 91. I heard on the radio today = the=20 estimate for rebuilding some piece of Iraq will be $300 billion, = that's=20 going to be a drag on growth. If you step back from the chart it = looks=20 like 91 was a pause in a bull market, but now we have a bear. Not = sure=20 what to think of it but I observe oil prices where fairly stabile = before=20 91, the futures went momentarily nuts but then came right back down, = there=20 were no supply problems, this time we are in a sustained rise? I = don't=20 know, you value investors are much better at this sort of stuff. = Don't=20 think I want to bet on the 90's returning just yet. Mike - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. - ------=_NextPart_000_002F_01C2E932.E3FADB60 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Mike,
 
I totally agree with your second = paragraph and=20 your analysis on the new gulf war.  If anyone didn't read it or = missed it,=20 you should go back and read it.  I too many people have unrealistic = expectations.  That's just my opinion.
 
Joe
----- Original Message -----
From:=20 Mike=20
Sent: Tuesday, March 11, 2003 = 9:21=20 PM
Subject: Re: [CANSLIM] M


 > Does anyone recognize this pattern=20 <

Some would say the QQQs ended an impulsive move down on = Feb 13,=20 then had a
correctional wave up to March 3.  The impulsive = was 5 zigs=20 and correctional
was 3, so the overall down trend is expected to=20 continue.  Going forward we
may be starting wave 3 which = could be=20 impressive, April may bring a buying
opportunity, we'll see.  = Sometimes I think they just make this stuff
up.  = :)   Also=20 the MACD was deviating during this period so price had a =
probability of=20 breaking the ascending triangle.  Guess this sort of Voodo =
doesn't=20 belong here, I'm interested in various approaches and hope you are =
at=20 least amused.  I doubt one discipline is better than another, = more=20
important is the system has to fit the individual. imho,=20 anyway.

I'm hearing a lot of comparison between the Gulf War = and now=20 too.  If
everyone expects the market will go up it might, at = least at=20 first while
initially there is the appearance of serious = progress. =20 This could easily
turn into a longer commitment and that will = upset=20 investors.  There is a
real treat of homeland terrorism this=20 time.  Also the personal, state and
national debt are way = higher than=20 in 91.  I heard on the radio today the
estimate for = rebuilding some=20 piece of Iraq will be $300 billion, that's
going to be a drag on=20 growth.  If you step back from the chart it looks
like 91 was = a pause=20 in a bull market, but now we have a bear.  Not sure
what to = think of=20 it but I observe oil prices where fairly stabile before
91, the = futures=20 went momentarily nuts but then came right back down, there
were no = supply=20 problems, this time we are in a sustained rise?  I don't =
know, you=20 value investors are much better at this sort of stuff.  Don't =
think I=20 want to bet on the 90's returning just = yet.
Mike



-
-To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your email. - ------=_NextPart_000_002F_01C2E932.E3FADB60-- - - - -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 #3208 ****************************** 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.