From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #323 Reply-To: canslim Sender: owner-canslim-digest@lists.xmission.com Errors-To: owner-canslim-digest@lists.xmission.com Precedence: bulk X-No-Archive: yes canslim-digest Sunday, July 12 1998 Volume 02 : Number 323 In this issue: [CANSLIM] Another interview with O'Neil RE: [CANSLIM] Another interview with O'Neil Re: [CANSLIM] W.O.N.D.A.'s attractiveness [CANSLIM] Re: AVEI Re: [CANSLIM] W.O.N.D.A.'s attractiveness Re: [CANSLIM] Quite List? Re: [CANSLIM] Re: AVEI Re: [CANSLIM] Re: AVEI [CANSLIM] Stock list for further research RE: [CANSLIM] Stock list for further research RE: [CANSLIM] Stock list for further research Re: [CANSLIM] Stock list for further research Re: [CANSLIM] Stock list for further research Re: [CANSLIM] Stock list for further research [CANSLIM] USNA, CTX? Re: [CANSLIM] Stock list for further research [CANSLIM] Not CANSLIM - Japanese election results Re: [CANSLIM] lzb, nvr Re: [CANSLIM] Not CANSLIM - Japanese election results Re: [CANSLIM] Not CANSLIM - Japanese election results [CANSLIM] My List [CANSLIM] Hoshimoto out, Globex down [CANSLIM] Not CANSLIM - Japanese election results [none] Re: [CANSLIM] Watchlist (Johan's) RXSD Re: [CANSLIM] Watchlist (Johan's) RXSD [CANSLIM] Finding winners in the HGS file Re: [CANSLIM] EGGS Re: [CANSLIM] USNA, CTX? [CANSLIM] Re: Nikkei ---------------------------------------------------------------------- Date: Sun, 12 Jul 1998 02:36:17 +0200 From: Johan Van Houtven Subject: [CANSLIM] Another interview with O'Neil Another interview with O'Neil can be found at: http://ibd.infostreet.com/won/ Q&A With William O=92Neil What Every Investor Should Know Going In Before founding Investor=92s Business Daily in 1984, Bill O=92Neil alread= y had 25 years of experience in the market as an individual investor, stock broker, investment adviser, and owner of a securities brokerage and research firm that today counts nearly every major institution as a clien= t. His career started at age 22, just after he graduated from Southern Methodist University, got married, joined the Air Force and became interested in his financial future. He bought his first stock with $500 - all he had at the time. He also started reading books on the market. The best was Gerald Loeb=92s "Battle= For Investment Survival." It=92s there we pick up our conversation with Mr. O=92Neil, and begin our 26-week series. Q: What is the most important thing an investor should know? O=92Neil: Loeb was a highly successful investor and preached cutting all = your losses short. And for me, this is rule No. 1. Whether you=92re a new or experienced investor, the hardest lesson to lea= rn is that you=92re simply not going to be right all the time. And if you do= n=92t cut every loss short, sooner or later you=92ll suffer some very large los= ses. You have to protect your money. Problem is, you expect to always make money when you buy a stock. And whe= n you have to sell and take a loss, you find it gut-wrenching. To make matters worse, when you do try to cut losses, half the time the stock will turn around and go back up in price. And then you=92re really upset. You conclude you were wrong for selling and that the loss-cutting policy is a bad one. How you think about losses is important. This is whe= re most investors go wrong and get confused. Did you buy fire insurance on your house last year? Did your house burn down? If it didn=92t, are you all upset because you wasted your money on = the insurance? Will you buy fire insurance next year? Why do you buy fire insurance in the first place, because you know your home is going to burn down? No! You buy the insurance to protect yourself against the remote possibility you could suffer a loss that would be difficult to recover from. That=92s all you do when you cut short your losses. Q: How do you define "short"? O=92Neil: For Loeb, it was 10%. But I recommend cutting losses at 7% or 8= % of your purchase price. By doing this, you=92re taking out little insurance policies to protect yourself from possible substantial stock losses that are hard to recover from. If you let a stock go down=20 50% from where you bought it, you must make 100% on the next stock just t= o break even. Now, how often do you buy stocks that double in price? Q: How long did it take you to become successful investing? O=92Neil: It took me two to three years to figure out how to put the whol= e system together. It doesn=92t happen overnight. For most people the learn= ing curve is about the same. Think of a number of controlled losses as your tuition to Wall Street. Mo= st people think that investing in a college or other educational degree is a sound decision to make. They don=92t think of it as a waste of money beca= use they have hopes of having that degree pay off in future success. Why shou= ld success in the stock market or with investing be any different? Anything worth succeeding at takes time to learn. Professional ballplayer= s aren=92t made in three months, and neither are successful investors. The = only difference between the successful person and everyone else is persistence. Q: How persistent have you had to be at times O=92Neil: I once had a string of eight or 10 stocks that I cut losses on.= But the very next one emerged just as the market was coming out of a correction, or downtrend, and more than tripled in price. I=92ve often thought: =91What would have happened if I had gotten discouraged and quit because eight or 10 stocks I bought didn=92t work?=92 The tricky part is getting rid of the emotion attached to making decision= s like cutting losses. It doesn=92t feel comfortable to sell something you = may have purchased only a few weeks ago because it=92s now down 8%. Our emoti= ons take over. We try to defend our original decision to buy and justify our holding the stock even though we=92re now in the negative. But you can=92t go through life looking in the rear-view mirror. You can = get yourself in a lot of trouble by alibing with the "could=92ves," "would=92= ves" and "should=92ves. When you bought the stock, that was last week or last month - not today. Today is a whole different situation, and you=92ve got= to protect yourself from serious losses so you can live to invest tomorrow. Q: Why did you pick 8% as the rule? O=92Neil: If you cut your losses at 8%, it=92ll always allow you to survi= ve to invest another day. I=92ve seen people go bankrupt or ruin their health because they=92d fall in love with a stock, couldn=92t face up to and adm= it mistakes and make the hard sell decisions. If you=92re worried, the old adage to "sell down to the sleeping point" i= s the best way to relieve some pressure. Sell something so you can think mo= re clearly. If you cut all your losses at 7% or 8% when below your purchase price, an= d then sell just a few of your stocks when you=92re up 25% to 30%, you can = be right once and wrong twice and still not get into trouble. Your best-performing stock should be held longer for a larger possible profit. Always sell your worst-performing stock first, not your best-acti= ng stock. Q: What is your risk in any stock? O=92Neil: Under the method that I=92ve laid out, your risk is always only= 8%, whether you=92re buying AT&T or the leading Internet or software stock. S= o why not pick only the very best market leaders, companies in leading industry groups that are No. 1 in their respective fields in terms of product quality, return on equity, profit margins, and sales and earnings growth? Next week O=92Neil will discuss how to get started on your way to becomin= g a more successful investor.=20 Johan Van Houtven / CLICK! N.V. - - ------------------------------ Date: Sun, 12 Jul 1998 07:43:27 -0600 From: "Dan Sutton" Subject: RE: [CANSLIM] Another interview with O'Neil The revised HGS file is now available at ftp://ftp.xmission.com/pub/users/m/mcjathan/canslim/hgs0710.xls - - ------------------------------ Date: Sun, 12 Jul 1998 09:52:20 -0500 (CDT) From: "Mike" Subject: Re: [CANSLIM] W.O.N.D.A.'s attractiveness Hi Group, What's WONDA? Mike On 07/11/98 04:43 PM dbphoenix said... ><and would pay for a top-notch screening service. > >Are you up to WONDA ? ;-) > >Walter>> > >You got the wrong guy, Walter. I use WOWS. Telescan has always given >me a headache. But many people love it. > >--Db > > > > > > > >_________________________________________________________ >DO YOU YAHOO!? >Get your free @yahoo.com address at http://mail.yahoo.com > > >- - - ------------------------------ Date: Sun, 12 Jul 1998 10:14:06 -0500 (CDT) From: mckeener@ix.netcom.com Subject: [CANSLIM] Re: AVEI Dave Cameron, Can't find AVEI. What's the company's name? Many thanks. Regards, Mary - - ------------------------------ Date: Sun, 12 Jul 1998 17:19:18 +0200 From: Johan Van Houtven Subject: Re: [CANSLIM] W.O.N.D.A.'s attractiveness >What's WONDA? >Mike William O'Neil's Direct Access To Your Wallet. Could also be Willian O'Neil's Database Application or something like that. Johan Van Houtven / CLICK! N.V. - - ------------------------------ Date: Sun, 12 Jul 1998 17:25:56 +0200 From: Johan Van Houtven Subject: Re: [CANSLIM] Quite List? List participants are all busy installing their new DELL computers and Microsoft software bought with profits accumulated during the last few weeks. It is kind of self-perpetuating. You buy DELL and MSFT stock. With the profits from those investments you buy more DELL and MSFT products. Earnings increase, stock goes up. Why not take advantage from this simple approach? Johan While I at it: Some useful financial news for you this weekend... According to inside contacts, the Japanese banking crisis shows no signs of ameliorating. If anything, it's getting worse. Following last week's news that Origami Bank had folded, we are hearing that Sumo Bank has gone belly up and Bonsai Bank plans to cut back some of its branches. Karaoke Bank is up for sale and is (you guessed it!) going for a song. Meanwhile, shares in Kamikaze Bank have nose-dived and 500 back-office staff at Karate Bank got the chop. Analysts report that there is something fishy going on at Sushi Bank and staff there fear they may get a raw deal. And at Seppuku Bank we fear that rumored deep cuts will gut management. Johan Van Houtven / CLICK! N.V. - - ------------------------------ Date: Sun, 12 Jul 1998 17:26:48 +0200 From: Johan Van Houtven Subject: Re: [CANSLIM] Re: AVEI Arterial Vascular Engineering or something like that. >Can't find AVEI. What's the company's name? Many thanks. > >Regards, >Mary Johan Van Houtven / CLICK! N.V. - - ------------------------------ Date: Sun, 12 Jul 1998 10:02:36 -0700 (PDT) From: Tim Fisher Subject: Re: [CANSLIM] Re: AVEI OK I'll give it this once but this is the kind of question you can answer yourself with a click of the mouse button! Arterial Vascular Engineering Inc. At 05:26 PM 7/12/98 +0200, you wrote: >Arterial Vascular Engineering or something like that. > > >>Can't find AVEI. What's the company's name? Many thanks. >> >>Regards, >>Mary > Tim Fisher, 1995 President, Pacific Fishery Biologists Ore-ROCK-On Rockhounding Web Site PFB Information mailto:tim@OreRockOn.com WWW http://OreRockOn.com - - ------------------------------ Date: Sun, 12 Jul 1998 21:11:42 +0200 From: Johan Van Houtven Subject: [CANSLIM] Stock list for further research Here is my stock list that came out of my QPv2 scan and further DGO lookup work. I already added the DGO EPS rank, RS rank and Acc/Dist rating. Close(0)= close on the last day of trading, i.e. Friday. E+R= EPS rank + RS ranl ADV(30)= av daily vol during last 30 days IRL group= group the stock belongs to I'd be surprised if you can't find a few good candidates in here... Symbol,EPS,RS,A/D,Close(0),E+R,ADV(30),IRL group LCE ,95,91, A ,82.188,186,52790,BLDCEMNT DHI ,94,90, A ,23.625,184,407340,BLDRESCM AMWD ,92,91, A ,30.188,183,30260,BLDCONST PFE ,87,94, B ,117.813,181,4063596,MEDDRUGS TROW ,96,84, B ,40.125,180,388583,FINIMGT KBH ,87,92, B ,34.000,179,408803,BLDRESCM TLGD ,92,84, A ,26.688,176,22373,TELEQUIP OSSI ,90,85, A ,39.250,175,341153,RTLREST CMVT ,94,81, A ,55.063,175,686000,TELEQUIP SCMM ,75,98, A ,65.750,173,163130,COMPERIP BEST ,78,93, B ,21.250,171,65713,COMPFINL SDS ,87,84, A ,37.813,171,322277,COMPSERV SLVN ,87,84, A ,33.938,171,357620,SCHOOLS LHSPF,72,98, A ,61.063,170,625780,N/A,98 VMSI ,75,95, C ,29.563,170,81143,MEDINSTR LADF ,72,97, B ,30.750,169,77567,FURNITUR ICP ,75,93, B ,11.938,168,77810,BLDACHEA BPOP ,76,92, B ,36.750,168,170897,BANKFRGN XLSW ,99,69, A ,25.750,168,120937,TELEQUIP PWJ ,76,91, A ,48.125,167,385760,FINIBKRS MATVY,86,80, A ,24.000,166,18300,N/A AFS ,87,79, B ,84.438,166,1379367,FINCONLN POS ,95,71, A ,54.625,166,97407,ADVERTIZ NBTY ,,67,97, A ,22.188,164,705950,COSMETIC ARDT ,75,89, B ,13.875,164,60910,N/A FNV ,87,77, A ,58.813,164,135290,FINMRTG HOV ,75,88, B ,10.875,163,23243,BLDRESCM IHOP ,82,81, B ,44.500,163,13093,RTLREST INC ,64,97, A ,16.250,161,31253,MEDINSTR Enjoy, Johan Van Houtven / CLICK! N.V. - - ------------------------------ Date: Sun, 12 Jul 1998 13:36:20 -0600 From: "Dan Sutton" Subject: RE: [CANSLIM] Stock list for further research Johan, Thanks for posting your list. It's interesting that only TROW appears on both yours and the one I posted from TELESCAN. I plan on plugging yours into a portfolio builder to see why TELESCAN didn't find them. - - ------------------------------ Date: Sun, 12 Jul 1998 22:03:11 +0200 From: Johan Van Houtven Subject: RE: [CANSLIM] Stock list for further research Dan, That's gonna be really interesting. Too bad I do not have anymore time to check my own and your list any further before Tuesday. At 01:36 PM 12-07-98 -0600, you wrote: >Johan, >Thanks for posting your list. It's interesting that only TROW appears on >both yours and the one I posted from TELESCAN. I plan on plugging yours into >a portfolio builder to see why TELESCAN didn't find them. Johan Van Houtven / CLICK! N.V. - - ------------------------------ Date: Sun, 12 Jul 1998 13:06:43 -0700 (PDT) From: Tim Fisher Subject: Re: [CANSLIM] Stock list for further research Here's the Zacks July data on that list; digest it for yourself if you have the stomach ;) My only coment is that only AMWD makes my non-killer CASLI scan; none make my killer scan (except TROW if you ignore S), but that may be because Zacks doesn't have data on quite a few of them. None look particularly strong even with all the N/As... ADVERTISING BANKS-FOREIGN BLDG&CONST-MISC BLDG PRD-AIR/HT Catalina Mktg Popular Inc Amer Woodmark Intl Comft Prod TICKER POS BPOP AMWD ICP EXCHANGE NYSE NSDQ NSDQ AMEX SHARES OUT 18 135 8 40 24WK PCHG% 11.5 39.61 46.2 49.61 % INSTITUT 82.28 17.9 32.16 22.26 % INSIDERS 3.99 2.16 48.04 0.12 20D AVEVOL 94645 172840 31440 90165 TREND EPGR 25.2 17.47 41.57 79.28 QEPS 0/-4 30.3 8.33 26.32 125 QEPS -1/-5 42.5 13.04 18.52 450 QEPS -2/-6 22.86 13.43 17.78 11.76 QEPS -3/-7 N/A N/A 21.43 N/A ROE 41.1 15.56 24.91 44.41 D/Equity 0.48 108.95 16.33 N/A BLDG-CMT/CNT/AG BLDG-RSDNT/COMR Lone Star Inds D R Horton Inc Hovnanian Entrp K&b Home Corp TICKER LCE DHI HOV KBH EXCHANGE NYSE NYSE AMEX NYSE SHARES OUT 11 53 22 39 24WK PCHG% 43.98 10.58 32.09 31.33 % INSTITUT 90.73 71.08 16.39 82.83 % INSIDERS 2.01 36.44 29.38 3.42 20D AVEVOL 58720 436035 20870 460775 TREND EPGR 24.18 23.3 3.52 9.96 QEPS 0/-4 2,500.00 55 675 55.56 QEPS -1/-5 12.39 33.33 437.5 81.82 QEPS -2/-6 8.6 17.24 -35.19 38 QEPS -2/-7 N/A N/A 30.77 15.15 ROE 22.55 16.9 12.64 18.19 D/Equity 14.99 0 200.95 145.39 CABLE TV COMP-PERIPH EQP COMP-SERVICES COMP-SOFTWARE Matav-cable Sys Scm Microsystem Sungard Data Sy Ardent Software TICKER MATVY SCMM SDS ARDT EXCHANGE NSDQ NSDQ NYSE NSDQ SHARES OUT 14 13 103 14 24WK PCHG% 37.23 149.58 27.87 86.44 % INSTITUT 14.95 N/A 86.39 32.63 % INSIDERS N/A N/A 2.65 5.44 20D AVEVOL 20410 177125 361490 54105 TREND EPGR N/A N/A 19.22 -28.54 QEPS 0/-4 18.92 N/A 25 175 QEPS -1/-5 18.92 N/A 21.74 1,000.00 QEPS -2/-6 14.29 100 26.83 400 QEPS -2/-7 N/A N/A N/A N/A ROE N/A 6 17.14 16.82 D/Equity N/A 0 0.49 27.67 ELEC PRODS-MISC FIN-CONS LOANS Best Software Infocure Corp Lernout&hauspie Assoc First Cap TICKER BEST INC LHSPF AFS EXCHANGE NSDQ AMEX NSDQ NYSE SHARES OUT 11 6 31 347 24WK PCHG% 68.21 67.61 128.16 9.55 % INSTITUT N/A N/A 30.53 20.3 % INSIDERS N/A N/A N/A 6.87 20D AVEVOL 88395 40315 590880 1327125 TREND EPGR N/A N/A N/A N/A QEPS 0/-4 N/A N/A 73.33 17.39 QEPS -1/-5 N/A N/A 187.5 17.65 QEPS -2/-6 N/A N/A 160 18.18 QEPS -2/-7 N/A N/A N/A N/A ROE N/A 14.77 19.71 17.47 D/Equity 0 N/A 27.97 450.31 FIN-INVEST BKRS FIN-INVEST MGMT FIN-MTG&REL SVS FURNITURE Paine Webber G T Rowe Price Finova Group Ladd Furniture TICKER PWJ TROW FNV LADF EXCHANGE NYSE NSDQ NYSE NSDQ SHARES OUT 140 119 57 8 24WK PCHG% 48.76 30.32 18.54 94.72 % INSTITUT 33.98 47.68 76.84 61.25 % INSIDERS 24.77 40.54 1.36 14.21 20D AVEVOL 411245 356369 116940 95520 TREND EPGR 15.18 28.96 23.92 3.57 QEPS 0/-4 21.64 42.22 16.81 328.57 QEPS -1/-5 18.67 43.18 24.53 55 QEPS -2/-6 41.4 52.38 14.81 144.44 QEPS -2/-7 N/A N/A N/A N/A ROE 23.39 33.64 14.15 9.25 D/Equity 175.97 0 620.35 82.05 MED INSTRUMENTS MED-DRUGS RETAIL-RESTRNTS Ventana Medical Nbty Inc Pfizer Inc Ihop Inc New TICKER VMSI NBTY PFE IHOP EXCHANGE NSDQ NSDQ NYSE NSDQ SHARES OUT 13 56 1306 10 24WK PCHG% 66.02 65.53 39.61 31.2 % INSTITUT 73.19 54.85 56.5 78.63 % INSIDERS 58.12 18.99 0.28 6.77 20D AVEVOL 75410 648385 3957580 15190 TREND EPGR N/A 24.92 17.09 12.95 QEPS 0/-4 200 49.61 13.98 27.03 QEPS -1/-5 150 50.94 11.69 9.84 QEPS -2/-6 125 18.39 15 3.57 QEPS -2/-7 N/A N/A N/A N/A ROE 4.46 22.2 30.01 14.51 D/Equity 1.11 141.93 9.19 101.31 SCHOOLS TELECOMM EQUIP Outback Steakhs Sylvan Lrng Sys Comverse Tech Tollgrade Comm Excel Switching TICKER OSSI SLVN CMVT TLGD XLSW EXCHANGE NSDQ NSDQ NSDQ NSDQ NSDQ SHARES OUT 49 45 43 6 33 24WK PCHG% 26.42 34.05 50.17 29.38 40.61 % INSTITUT 62.75 65.12 77.1 30.44 N/A % INSIDERS 18.73 2.01 0.07 19.58 N/A 20D AVEVOL 325560 350825 660525 15995 140050 TREND EPGR 30.42 65.42 35.4 N/A N/A QEPS 0/-4 25 29.03 41.67 20 N/A QEPS -1/-5 15.79 72.11 33.33 29.63 N/A QEPS -2/-6 13.89 39.17 40 17.39 150 QEPS -2/-7 N/A N/A 48.15 N/A N/A ROE 20.06 9.4 23.07 19.31 N/A D/Equity 15.71 16.56 43.98 0 0.08 At 09:11 PM 7/12/98 +0200, you wrote: >Here is my stock list that came out of my QPv2 scan and further DGO lookup >work. > >I already added the DGO EPS rank, RS rank and Acc/Dist rating. > >Close(0)= close on the last day of trading, i.e. Friday. >E+R= EPS rank + RS ranl >ADV(30)= av daily vol during last 30 days >IRL group= group the stock belongs to > >I'd be surprised if you can't find a few good candidates in here... > >Symbol,EPS,RS,A/D,Close(0),E+R,ADV(30),IRL group >LCE ,95,91, A ,82.188,186,52790,BLDCEMNT >DHI ,94,90, A ,23.625,184,407340,BLDRESCM >AMWD ,92,91, A ,30.188,183,30260,BLDCONST >PFE ,87,94, B ,117.813,181,4063596,MEDDRUGS >TROW ,96,84, B ,40.125,180,388583,FINIMGT >KBH ,87,92, B ,34.000,179,408803,BLDRESCM >TLGD ,92,84, A ,26.688,176,22373,TELEQUIP >OSSI ,90,85, A ,39.250,175,341153,RTLREST >CMVT ,94,81, A ,55.063,175,686000,TELEQUIP >SCMM ,75,98, A ,65.750,173,163130,COMPERIP >BEST ,78,93, B ,21.250,171,65713,COMPFINL >SDS ,87,84, A ,37.813,171,322277,COMPSERV >SLVN ,87,84, A ,33.938,171,357620,SCHOOLS >LHSPF,72,98, A ,61.063,170,625780,N/A,98 >VMSI ,75,95, C ,29.563,170,81143,MEDINSTR >LADF ,72,97, B ,30.750,169,77567,FURNITUR >ICP ,75,93, B ,11.938,168,77810,BLDACHEA >BPOP ,76,92, B ,36.750,168,170897,BANKFRGN >XLSW ,99,69, A ,25.750,168,120937,TELEQUIP >PWJ ,76,91, A ,48.125,167,385760,FINIBKRS >MATVY,86,80, A ,24.000,166,18300,N/A >AFS ,87,79, B ,84.438,166,1379367,FINCONLN >POS ,95,71, A ,54.625,166,97407,ADVERTIZ >NBTY ,,67,97, A ,22.188,164,705950,COSMETIC >ARDT ,75,89, B ,13.875,164,60910,N/A >FNV ,87,77, A ,58.813,164,135290,FINMRTG >HOV ,75,88, B ,10.875,163,23243,BLDRESCM >IHOP ,82,81, B ,44.500,163,13093,RTLREST >INC ,64,97, A ,16.250,161,31253,MEDINSTR > >Enjoy, > > > >Johan Van Houtven / CLICK! N.V. > Tim Fisher, 1995 President, Pacific Fishery Biologists Ore-ROCK-On Rockhounding Web Site PFB Information mailto:tim@OreRockOn.com WWW http://OreRockOn.com - - ------------------------------ Date: Sun, 12 Jul 1998 22:25:47 +0200 From: Johan Van Houtven Subject: Re: [CANSLIM] Stock list for further research At 01:06 PM 12-07-98 -0700, you wrote: >Here's the Zacks July data on that list; digest it for yourself if you have >the stomach ;) >My only coment is that only AMWD makes my non-killer CASLI scan; none make >my killer scan (except TROW if you ignore S), but that may be because Zacks >doesn't have data on quite a few of them. None look particularly strong even >with all the N/As... My list is a list of stocks that are reasonably buyable from a chart standpoint. That is something I should have stated perhaps. I could also give you a list of stocks with super dupper CANSLIM fundies, but guess what... most are already very extended when you look at the chart. So I'm looking for people who want to evaluate the charts of the stocks on my list. Johan Van Houtven / CLICK! N.V. - - ------------------------------ Date: Sun, 12 Jul 1998 13:36:36 -0700 (PDT) From: Tim Fisher Subject: Re: [CANSLIM] Stock list for further research Just an observation, you are quick to react negatively to valid observations on your pick lists but equally as quick to criticize (IMHO a little harshly and/or pickily) others' lists. Whether or not you want people to evaluate the fundamentals of stocks you post to this list is immaterial - people will do so; consider it a free service (i.e. YGYYPF), and people (like myself) will (and should!) be quick to point out stocks which are marginally CANSLIM or or non-CANSLIM. I could rant on about the time I wasted getting the Zacks data into a nice format for the list members to parouse, only to discover that most were marginal CANSLIM at best, but I won't cause that was my fault entirely. (oops!) At 10:25 PM 7/12/98 +0200, you wrote: >At 01:06 PM 12-07-98 -0700, you wrote: >>Here's the Zacks July data on that list; digest it for yourself if you have >>the stomach ;) >>My only coment is that only AMWD makes my non-killer CASLI scan; none make >>my killer scan (except TROW if you ignore S), but that may be because Zacks >>doesn't have data on quite a few of them. None look particularly strong even >>with all the N/As... > >My list is a list of stocks that are reasonably buyable from a chart >standpoint. That is something I should have stated perhaps. > >I could also give you a list of stocks with super dupper CANSLIM fundies, >but guess what... most are already very extended when you look at the chart. > >So I'm looking for people who want to evaluate the charts of the stocks on >my list. > > > >Johan Van Houtven / CLICK! N.V. > Tim Fisher, 1995 President, Pacific Fishery Biologists Ore-ROCK-On Rockhounding Web Site PFB Information mailto:tim@OreRockOn.com WWW http://OreRockOn.com - - ------------------------------ Date: Sun, 12 Jul 1998 15:45:51 -0500 From: "Amy Porter and Rich Bejtlich" Subject: [CANSLIM] USNA, CTX? Any thoughts on these, USNA & CTX? Richard - - ------------------------------ Date: Mon, 13 Jul 1998 00:04:11 +0200 From: Johan Van Houtven Subject: Re: [CANSLIM] Stock list for further research At 01:36 PM 12-07-98 -0700, you wrote: >Just an observation, you are quick to react negatively to valid observations >on your pick lists I wasn't aware that I was reacting negatively. >but equally as quick to criticize (IMHO a little harshly >and/or pickily) others' lists. Sometimes I just do not have the time to put it as mildly as I should. :-) I'll try to be more 'careful' in the future. >Whether or not you want people to evaluate >the fundamentals of stocks you post to this list is immaterial - people will >do so; consider it a free service (i.e. YGYYPF), and people (like myself) >will (and should!) be quick to point out stocks which are marginally CANSLIM >or or non-CANSLIM. Indeed. There are only about 5 to max 10 stocks on the list that could be considered CANSLIM. >I could rant on about the time I wasted getting the Zacks >data into a nice format for the list members to parouse, only to discover >that most were marginal CANSLIM at best, but I won't cause that was my fault >entirely. (oops!) Sorry, I wasted your time. A few bonus stocks from another list of mine especially for you: ADVS AHLS APOL AVS CBIZ CMSX HAZ KBH LADF LHSG MAST RXSD B^) SEIC TGI Johan Van Houtven / CLICK! N.V. - - ------------------------------ Date: Sun, 12 Jul 1998 19:13:35 -0400 From: "Tom Worley" Subject: [CANSLIM] Not CANSLIM - Japanese election results Members, While I was determined not to again post publicly, this topic is important enough (IMHO) to violate that pledge. News just out from Reuters indicates that Prime Minister Hashimoto has been dealt a stunning defeat in the Upper House elections, likely to lead to his resignation, and further turmoil in the attempts to begin an economic recovery in Japan. Futures are already indicating a half percent drop, however the dollar is very strong against all major currencies. As I previously posted on this topic, it was stupid for the USA to intervene on behalf of the yen without firm plans in place. This now proves the point. Without further data, I would expect a sharp selloff throughout Asia, followed by a selloff in Europe as well. The US market may not fare so badly, if the dollar based items (dollar itself, US bonds) continue to be seen as a "safe haven". However, the hope for US corps doing business in Asia to begin to recover and rebuild their sales there, and thus their profits, would for the moment seem to be over. Since a great part of the most recent rally in the markets was on the backs of the big cap stocks, I would expect another correction, esp considering that the NYSE is sharply overbought. The Nasdaq tech stocks have accounted for much of the recovery on that exchange, yet are the most susceptible to Asian problems, so suspect that Nasdaq as well will be hit in the tech sectors. Back to lurking. Tom W - - ------------------------------ Date: Sun, 12 Jul 1998 19:37:37 EDT From: Subject: Re: [CANSLIM] lzb, nvr In a message dated 98-07-12 16:46:15 EDT, you write: << Subj: [CANSLIM] USNA, CTX? Date: 98-07-12 16:46:15 EDT From: bejtlich@texas.net (Amy Porter and Rich Bejtlich) Sender: owner-canslim@lists.xmission.com Reply-to: canslim@lists.xmission.com To: canslim@lists.xmission.com (CANSLIM debate) Any thoughts on these, USNA & CTX? Richard - >> Any thoughts about lzb, nvr? - - ------------------------------ Date: Sun, 12 Jul 1998 19:42:33 EDT From: Subject: Re: [CANSLIM] Not CANSLIM - Japanese election results Welcome again Tom. I knew you could not keep such a distance from your favorite "members". Actually the list was getting so quite without all the action when you were around. Give a thumbs up to Tom and hip hip hurray!!!! Surindra In a message dated 98-07-12 19:15:17 EDT, you write: << Subj: [CANSLIM] Not CANSLIM - Japanese election results Date: 98-07-12 19:15:17 EDT From: stkguru@netside.net (Tom Worley) Sender: owner-canslim@lists.xmission.com Reply-to: canslim@lists.xmission.com To: canslim@xmission.com Members, While I was determined not to again post publicly, this topic is important enough (IMHO) to violate that pledge. News just out from Reuters indicates that Prime Minister Hashimoto has been dealt a stunning defeat in the Upper House elections, likely to lead to his resignation, and further turmoil in the attempts to begin an economic recovery in Japan. Futures are already indicating a half percent drop, however the dollar is very strong against all major currencies. As I previously posted on this topic, it was stupid for the USA to intervene on behalf of the yen without firm plans in place. This now proves the point. Without further data, I would expect a sharp selloff throughout Asia, followed by a selloff in Europe as well. The US market may not fare so badly, if the dollar based items (dollar itself, US bonds) continue to be seen as a "safe haven". However, the hope for US corps doing business in Asia to begin to recover and rebuild their sales there, and thus their profits, would for the moment seem to be over. Since a great part of the most recent rally in the markets was on the backs of the big cap stocks, I would expect another correction, esp considering that the NYSE is sharply overbought. The Nasdaq tech stocks have accounted for much of the recovery on that exchange, yet are the most susceptible to Asian problems, so suspect that Nasdaq as well will be hit in the tech sectors. Back to lurking. Tom W >> - - ------------------------------ Date: Sun, 12 Jul 1998 20:11:50 -0400 From: "Frank V. Wolynski" Subject: Re: [CANSLIM] Not CANSLIM - Japanese election results Thanks for the snapshot Tom. I've wondered how the results of the elections would be perceived and thus market vulnerablities. Just a thought: although the current 'unknown' is something the markets will loath, won't the possibilities of 'new blood' inspire and elevate hopes in the coming days? Frank Wolynski At 19:13 7/12/98 -0400, you wrote: >Members, >While I was determined not to again post publicly, this topic is >important enough (IMHO) to violate that pledge. News just out from >Reuters indicates that Prime Minister Hashimoto has been dealt a >stunning defeat in the Upper House elections, likely to lead to his >resignation, and further turmoil in the attempts to begin an economic >recovery in Japan. > - - ------------------------------ Date: Mon, 13 Jul 1998 05:57:16 +0700 From: "Peter Christiansen" Subject: [CANSLIM] My List I am watching the following stocks. All are basing. All have good relative strength. All have histories of beating earnings estimates. Earnings and revenues for the last quarter were up significantly. Industry groups have been acting well. The average volume was correct at the time the stock was added to my list. Symbol Pivot Point Avg Daily Vol. ac 28.125 109200 acf 36.625 186220 anf 48.125 601733 bosa 38.125 19030 bzh 26.625 33450 chb 30.125 227423 clys 14.25 34190 ctl 50.125 212263 cui 49.125 80876 dhi 24.125 407340 forsf 20.25 88300 fred 27.125 40460 hh 25.125 39236 hov 11.25 23243 ilogy 16.125 57743 jaii 19.25 116026 kbh 33.75 408803 len 34.50 422420 lhsg 67.625 239840 mast 30.625 304046 mcy 68.125 100990 mecn 12.375 30620 myg 53.125 552996 nsit 44.125 89776 pmb 29.625 35700 psql 25.375 341673 purw 17.75 53080 rxsd 39.125 724930 scvl 14.75 48516 seh 23.125 37570 seic 72.125 58430 smmt 17.25 96543 stnrf 34.375 138016 thnk 33.375 626843 thqi 31.625 230920 wstf 20.625 63378 Peter Christiansen Chiang Mai - Thailand - - ------------------------------ Date: Sun, 12 Jul 1998 16:41:46 -0700 From: "Ken Davidson" Subject: [CANSLIM] Hoshimoto out, Globex down 7/12/98 19:40 est. With Japan in its worst recession since World War II, many voters clearly were fed up and kicked Prime minister Hoshimoto out. Unemployment is at a record high, consumer spending is crashing, Japan=92s financial system is= on the verge of a meltdown and major banks are overwhelmed with bad loans. T= he Liberal Democratic Party needed 69 seats to regain a majority in the uppe= r house, which they lost in 1989. They needed at least 61 seats to equal th= e number they held before Sunday=92s vote. Public broadcaster NHK-TV said the Liberal Democrats had won only 44 seat= s. Official electoral results were not expected until early Monday. Despite the election results, the conservative, pro-business Liberal Democrats wi= ll continue to govern because they have firm control over the more powerful lower house, which can pass the national budget and choose the prime minister without the approval of the upper house. Hoshimoto said he may resign now that he was handed such a defeat and this appears to have rock= ed currency traders as the Yen is down 162 points against the U.S dollar. T= he S&P 500 Globex futures are off -8.00 points. Nasdaq 100 Globex futures = are off -10.00 points. Japan is about to open their stockmarket so we'll see= if things get worse and send out an e-mail later tonight. Ken - - ------------------------------ Date: Sun, 12 Jul 1998 21:35:04 -0400 From: Jeffry White <"postwhit@sover.net"@sover.net> Subject: [CANSLIM] Not CANSLIM - Japanese election results > Back to lurking. > > Tom W > :) !!! - - ------------------------------ Date: Sun, 12 Jul 1998 19:09:12 -0700 (PDT) From: rolatzi Subject: [none] It is 10pm EDT and tokyo has been open 2 hours. It opened down 300 points on the Nikkei (-2%) and has rallied back to down 16 points. Ciao, rolatzi _________________________________________________________ DO YOU YAHOO!? Get your free @yahoo.com address at http://mail.yahoo.com - - ------------------------------ Date: Sun, 12 Jul 1998 22:07:27 -0500 From: "Thomas A. Moulton" Subject: Re: [CANSLIM] Watchlist (Johan's) RXSD I looked at RXSD a little and find it odd that since the new CEO many of the directory have been selling their holdings... Some to the tune of $5M to $15M What I also note is that no insiders are buying any... Might this signal that they don't like the new CEO? (He could be doing a very good job, inspite of this :) (or DUE TO 8:) Learning and curious... - -- Thomas A. Moulton, W2VY http://www.xanthus.net/w2vy - - ------------------------------ Date: Sun, 12 Jul 1998 19:20:03 -0700 (PDT) From: Tim Fisher Subject: Re: [CANSLIM] Watchlist (Johan's) RXSD Dunno what you are talking about. I assume the insider selling is becuase of the huge runup over the past year+. The DeSantis family founded Rexall and controls the company. Carl DeSantis has been CEO forever; Nast is not very new. Here's the list: Officers: C. DeSantis, Chmn./CEO C. Nast, Pres./CEO D. DeSantis, Sr. VP/COO D. DeSantis, Exec. VP G. Cotton, VP-Fin./CFO/Treas. R. Werber, VP/Counsel/Secy. DeSantis! At 10:07 PM 7/12/98 -0500, you wrote: >I looked at RXSD a little and find it odd that since the new CEO >many of the directory have been selling their holdings... > >Some to the tune of $5M to $15M > >What I also note is that no insiders are buying any... > >Might this signal that they don't like the new CEO? >(He could be doing a very good job, inspite of this :) >(or DUE TO 8:) > >Learning and curious... >-- >Thomas A. Moulton, W2VY >http://www.xanthus.net/w2vy > Tim Fisher, 1995 President, Pacific Fishery Biologists Ore-ROCK-On Rockhounding Web Site PFB Information mailto:tim@OreRockOn.com WWW http://OreRockOn.com - - ------------------------------ Date: Sun, 12 Jul 1998 21:54:00 -0600 From: "Dan Sutton" Subject: [CANSLIM] Finding winners in the HGS file I have just gone through several months worth of derivatives of the HGS file I have been posting. I plugged them into Excel and used a couple of formulas to try and determine when a stock signals that it is beginning to move. With the candidates this scan finds, it appears that when fundamentals are stable, if the column entitled 10BRK shows a 1 and the column entitled VL/30 is above 100, prices begin to move higher within a couple of days. This should come as no surprise because it is saying that the price broke above the 10 day moving average with higher volume than the 30 day average daily volume. This seems to validate many trading systems that use the crossover of moving averages and higher volume to trigger a purchase. I try and read at least one investing type book a month and it is interesting to see many of the authors talk about the same type of buy signal using an MA crossover or something very similar. - - ------------------------------ Date: Sun, 12 Jul 1998 23:56:52 EDT From: Subject: Re: [CANSLIM] EGGS Anyoe following EGGS? Not a canslim type stock. In a message dated 98-07-06 23:59:52 EDT, you write: << Subj: Re: [CANSLIM] BKS Date: 98-07-06 23:59:52 EDT From: Ssingh@AOL.com Sender: owner-canslim@lists.xmission.com Reply-to: canslim@lists.xmission.com To: canslim@lists.xmission.com I do not disagree with you Anindo. Momentum players are winning now and look at what is going on with all the internet stocks. I bought EGGS a month or so ago and is way up today. I bought another momentum player this am: ZAP.....! Lucky I guess. Regards Surindra >> - - ------------------------------ Date: Sun, 12 Jul 1998 22:55:45 -0500 From: Dave Cameron Subject: Re: [CANSLIM] USNA, CTX? Amy Porter and Rich Bejtlich wrote: > > Any thoughts on these, USNA & CTX? Rich, I own USNA, so I'll comment on it - but it'll be a little biased. I think it is solidly CANSLIM. I also think it has been moving up quickly of late. If I didn't own - I'd wait for it to base before buying. The odd thing about USNA is that it trades about 50K shares/day - which is a VERY small percentage of its total. This is because the founder owns 65% of the outstanding shares. He gets paid NO salary. His sole compensation is based on the performance of the stock. I didn't know this before I bought it. Since then, I've seen HUGE volume days for this stock - presumably when an institution steps in. I'd hate to see what happens if they pull out. The last day like that pushed USNA up 10% in 1 day due to a block trade. How's that? Dave Cameron - - ------------------------------ Date: Sun, 12 Jul 1998 22:57:38 -0500 From: Dave Cameron Subject: [CANSLIM] Re: Nikkei rolatzi wrote: > > It is 10pm EDT and tokyo has been open 2 hours. It opened down 300 > points on the Nikkei (-2%) and has rallied back to down 16 points. > I think it would be prudent to see what happens to the U.S. bond market prior to the open of the equities market. If a lot of money is flowing into bonds, this would be a sign for me that investors are fleeing techs. At least that has been the trend of late on such announcements. History often does not repeat. Dave Cameron > Ciao, > rolatzi > > _________________________________________________________ > DO YOU YAHOO!? > Get your free @yahoo.com address at http://mail.yahoo.com > > - - - ------------------------------ End of canslim-digest V2 #323 ***************************** 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.