From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #3242 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 Wednesday, March 26 2003 Volume 02 : Number 3242 In this issue: Re: [CANSLIM] 50 ADV for NYSE and NASD RE: [CANSLIM] 50 ADV for NYSE and NASD Re: [CANSLIM] 50 ADV for NYSE and NASD [CANSLIM] buying after a missed breakout RE: [CANSLIM] buying after a missed breakout Re: [CANSLIM] buying after a missed breakout Re: [CANSLIM] buying after a missed breakout Re: [CANSLIM] buying after a missed breakout Re: [CANSLIM] buying after a missed breakout [CANSLIM] Archive search Re: [CANSLIM] buying after a missed breakout ---------------------------------------------------------------------- Date: Mon, 24 Mar 2003 22:51:03 -0800 (PST) From: david rossing Subject: Re: [CANSLIM] 50 ADV for NYSE and NASD If you need a number, one easy way to do it is to just download historical data from yahoo and calculate it yourself with excel. Then you can get any date you want. Dave - --- Ian wrote: > Hi Rolf: > > Go to Interactive Charting at bigcharts.com. Eg: > http://bigcharts.marketwatch.com/intchart/frames/frames.asp?symb=nasdaq&time > =8&freq=1 > > Just enter EMA or SMA, and 50 in the frequency box beside it. > > Cheers, > > Ian > > > ----- Original Message ----- > From: Rolf Hertenstein > To: > Sent: Monday, March 24, 2003 5:07 PM > Subject: [CANSLIM] 50 ADV for NYSE and NASD > > > > Hello all - > > > > Is the 50-day average volume for the exchanges available online > free > > anywhere? I'm looking for a number, but a barchart with the 50-day > would > > do. A number is wanted since I'd like to go back a few weeks and > know the > > 50 ADV on, e.g., March 10 of this year. > > > > Thanks! > > 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. __________________________________________________ Do you Yahoo!? Yahoo! Platinum - Watch CBS' NCAA March Madness, live on your desktop! http://platinum.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: Tue, 25 Mar 2003 13:35:42 +0100 From: =?iso-8859-1?Q?S=E9bastien_Derks?= Subject: RE: [CANSLIM] 50 ADV for NYSE and NASD Which site is that on because I did not find it on finance.yahoo.com? Thanks. S=E9bastien - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com] On Behalf Of david rossing Sent: dinsdag 25 maart 2003 7:51 To: canslim@lists.xmission.com Subject: Re: [CANSLIM] 50 ADV for NYSE and NASD If you need a number, one easy way to do it is to just download historical data from yahoo and calculate it yourself with excel. Then you can get any date you want. Dave - --- Ian wrote: > Hi Rolf: >=20 > Go to Interactive Charting at bigcharts.com. Eg: > http://bigcharts.marketwatch.com/intchart/frames/frames.asp?symb=3Dnasdaq= & time > =3D8&freq=3D1 >=20 > Just enter EMA or SMA, and 50 in the frequency box beside it. >=20 > Cheers, >=20 > Ian >=20 >=20 > ----- Original Message ----- > From: Rolf Hertenstein > To: > Sent: Monday, March 24, 2003 5:07 PM > Subject: [CANSLIM] 50 ADV for NYSE and NASD >=20 >=20 > > Hello all - > > > > Is the 50-day average volume for the exchanges available online > free > > anywhere? I'm looking for a number, but a barchart with the 50-day > would > > do. A number is wanted since I'd like to go back a few weeks and > know the > > 50 ADV on, e.g., March 10 of this year. > > > > Thanks! > > 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. >=20 >=20 > - > -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! Platinum - Watch CBS' NCAA March Madness, live on your desktop! http://platinum.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. - - - -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: Tue, 25 Mar 2003 06:33:00 -0700 From: "Rolf Hertenstein" Subject: Re: [CANSLIM] 50 ADV for NYSE and NASD Thanks Ian and Dave. I think Bigcharts bars on a 2 or 3 month time frame will do the trick. The volume+ option seems to automatically put the 50 dma on the volume. I did consider calculating the 50 dma via yahoo's site. I noticed that the historical volume numbers don't quite jibe with the closing volume numbers I write down daily - don't know why. I was curious since there have been a couple of big down volume days this month (like yesterday, the up/down volume was < 0.1 on the NYSE and NASD) but these seem to occur on days with lower than or just average volume. Sebastien, go to finance.yahoo.com, then click on, e.g., DOW under Market Summary, then to Historical Prices. Rolf - ----- Original Message ----- From: "Sébastien Derks" To: Sent: Tuesday, March 25, 2003 5:35 AM Subject: RE: [CANSLIM] 50 ADV for NYSE and NASD Which site is that on because I did not find it on finance.yahoo.com? Thanks. Sébastien - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com] On Behalf Of david rossing Sent: dinsdag 25 maart 2003 7:51 To: canslim@lists.xmission.com Subject: Re: [CANSLIM] 50 ADV for NYSE and NASD If you need a number, one easy way to do it is to just download historical data from yahoo and calculate it yourself with excel. Then you can get any date you want. Dave - --- Ian wrote: > Hi Rolf: > > Go to Interactive Charting at bigcharts.com. Eg: > http://bigcharts.marketwatch.com/intchart/frames/frames.asp?symb=nasdaq& time > =8&freq=1 > > Just enter EMA or SMA, and 50 in the frequency box beside it. > > Cheers, > > Ian > > > ----- Original Message ----- > From: Rolf Hertenstein > To: > Sent: Monday, March 24, 2003 5:07 PM > Subject: [CANSLIM] 50 ADV for NYSE and NASD > > > > Hello all - > > > > Is the 50-day average volume for the exchanges available online > free > > anywhere? I'm looking for a number, but a barchart with the 50-day > would > > do. A number is wanted since I'd like to go back a few weeks and > know the > > 50 ADV on, e.g., March 10 of this year. > > > > Thanks! > > 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. __________________________________________________ Do you Yahoo!? Yahoo! Platinum - Watch CBS' NCAA March Madness, live on your desktop! http://platinum.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. - - - -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: Tue, 25 Mar 2003 14:20:39 -0600 From: michael_niemotka@baxter.com Subject: [CANSLIM] buying after a missed breakout In the last few days, we have seen a number of stocks breaking out of good bases. Only time will tell if they hold, but I was wondering what people's thoughts were in regards to buying the stocks later, if they missed the breakout. We all know that WON says not to chase a stock anymore than 5% above the pivot point, but assuming that a stock that you missed is going to be a 30% or greater winner, are there other valid entry points? I am not talking about getting in if the stock pulls back to the pivot soon after the breakout on light volume, which I know is a possible second chance, I am more interested in if people have entry points after a stock has gained over 5%, and does not drop any lower than that. Is it an all or nothing game on the breakouts, ie if you don't grab one within 5% of the pivot, then you eliminate it from your watchlist. or do you wait for temporary consolidation after it has gained 10% or more, in hopes that it continues to power up? Thanks Mike Mike Niemotka , PE Sr. Principal Engineer Baxter Healthcare Corporation Route 120 & Wilson Road Round Lake, IL 60073 Tel (847) 270-4075 Fax (847) 270-4525 michael_niemotka@baxter.com - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Tue, 25 Mar 2003 14:39:21 -0600 From: "Edward W. Gjertsen II" Subject: RE: [CANSLIM] buying after a missed breakout Don't ever forget - there will always be another opportunity - whether it's the one that got away or on the horizon. The goal is to become a "strong hand" right from the start. Emotion, rather than money management, begin to rule your brain should you buy a stock above its pivot. If you happened to miss a stock - there may be consolidation points on which to pick up a small position, but then you are moving farther away from WON principles. CANSLIM should be adapted to meet your personality. We combine several disciplines into one comfy couch for our mindset. Predominantly based on WON principles, we bring in other disciplines to round out our program. A great website to learn how traders initiate or add to positions is Tradingmarkets.com - probably one of the best sites on the web. There are many, many different ways to initiate or add to a position that present low risk opportunities and the individuals on this site are some of the best in the business and do a great job of explaining their disciplines. Ed Gjertsen II ed@macktracks.com Confidentiality Notice: This e-mail message, including any attachments, is for the sole use of the intended recipient(s) and may contain confidential and privileged information. Any unauthorized review, use, disclosure or distribution is prohibited. If you are not the intended recipient, please contact the sender by reply e-mail and destroy all copies of the original message. - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com] On Behalf Of michael_niemotka@baxter.com Sent: Tuesday, March 25, 2003 2:21 PM To: canslim@lists.xmission.com Subject: [CANSLIM] buying after a missed breakout In the last few days, we have seen a number of stocks breaking out of good bases. Only time will tell if they hold, but I was wondering what people's thoughts were in regards to buying the stocks later, if they missed the breakout. We all know that WON says not to chase a stock anymore than 5% above the pivot point, but assuming that a stock that you missed is going to be a 30% or greater winner, are there other valid entry points? I am not talking about getting in if the stock pulls back to the pivot soon after the breakout on light volume, which I know is a possible second chance, I am more interested in if people have entry points after a stock has gained over 5%, and does not drop any lower than that. Is it an all or nothing game on the breakouts, ie if you don't grab one within 5% of the pivot, then you eliminate it from your watchlist. or do you wait for temporary consolidation after it has gained 10% or more, in hopes that it continues to power up? Thanks Mike Mike Niemotka , PE Sr. Principal Engineer Baxter Healthcare Corporation Route 120 & Wilson Road Round Lake, IL 60073 Tel (847) 270-4075 Fax (847) 270-4525 michael_niemotka@baxter.com - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Tue, 25 Mar 2003 16:27:33 -0500 From: "Tom Worley" Subject: Re: [CANSLIM] buying after a missed breakout Hi Michael, The key is that you must be able to look at the stock as if you never heard of it before. If you can't get that "missed pivot / breakout" out of your head, then you are better off never looking at it again, as it will corrupt your thinking. If you can overcome this, then certainly it may present future valid pivot points and entry prices, even tho higher than that lost opportunity. The best stocks will go on for gains of 100% or more, so missing out on the first 30% or wherever it again forms a valid CANSLIM basing pattern only means that you missed a small part of the ride. - ----- Original Message ----- From: To: Sent: Tuesday, March 25, 2003 3:20 PM Subject: [CANSLIM] buying after a missed breakout In the last few days, we have seen a number of stocks breaking out of good bases. Only time will tell if they hold, but I was wondering what people's thoughts were in regards to buying the stocks later, if they missed the breakout. We all know that WON says not to chase a stock anymore than 5% above the pivot point, but assuming that a stock that you missed is going to be a 30% or greater winner, are there other valid entry points? I am not talking about getting in if the stock pulls back to the pivot soon after the breakout on light volume, which I know is a possible second chance, I am more interested in if people have entry points after a stock has gained over 5%, and does not drop any lower than that. Is it an all or nothing game on the breakouts, ie if you don't grab one within 5% of the pivot, then you eliminate it from your watchlist. or do you wait for temporary consolidation after it has gained 10% or more, in hopes that it continues to power up? Thanks Mike Mike Niemotka , PE Sr. Principal Engineer Baxter Healthcare Corporation Route 120 & Wilson Road Round Lake, IL 60073 Tel (847) 270-4075 Fax (847) 270-4525 michael_niemotka@baxter.com - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Tue, 25 Mar 2003 16:23:27 -0600 From: michael_niemotka@baxter.com Subject: Re: [CANSLIM] buying after a missed breakout Tom and Ed, I appreciate the advice and comments. I guess when you see some of the write ups in IBD or other places, the huge run ups of a Yahoo, or Cisco, etc, the multiple bases that form along the way sometimes get lost. Does anyone know of studies that WON, or someone else did, relative to the "average" amount a stock will move up before re-basing? I know WON talks of talking some profits when a stock gains 20% from breakout, but if you sell out here, assuming no sell signals, do you risk missing out on 100% gains, etc? It sure does seem that some of the biggest winners of the past just blasted off from pivot point, and did not look back until a double, triple or more bagger. And Ed, I know what you mean about there always being another train coming down the tracks. On ANY day, you can go to Yahoo and list the top gainers, and there are stocks picking up 20% or more in a day. 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] buying after a missed breakout owner-canslim@lists.xm ission.com 03/25/2003 03:27 PM Please respond to canslim Hi Michael, The key is that you must be able to look at the stock as if you never heard of it before. If you can't get that "missed pivot / breakout" out of your head, then you are better off never looking at it again, as it will corrupt your thinking. If you can overcome this, then certainly it may present future valid pivot points and entry prices, even tho higher than that lost opportunity. The best stocks will go on for gains of 100% or more, so missing out on the first 30% or wherever it again forms a valid CANSLIM basing pattern only means that you missed a small part of the ride. - ----- Original Message ----- From: To: Sent: Tuesday, March 25, 2003 3:20 PM Subject: [CANSLIM] buying after a missed breakout In the last few days, we have seen a number of stocks breaking out of good bases. Only time will tell if they hold, but I was wondering what people's thoughts were in regards to buying the stocks later, if they missed the breakout. We all know that WON says not to chase a stock anymore than 5% above the pivot point, but assuming that a stock that you missed is going to be a 30% or greater winner, are there other valid entry points? I am not talking about getting in if the stock pulls back to the pivot soon after the breakout on light volume, which I know is a possible second chance, I am more interested in if people have entry points after a stock has gained over 5%, and does not drop any lower than that. Is it an all or nothing game on the breakouts, ie if you don't grab one within 5% of the pivot, then you eliminate it from your watchlist. or do you wait for temporary consolidation after it has gained 10% or more, in hopes that it continues to power up? Thanks Mike Mike Niemotka , PE Sr. Principal Engineer Baxter Healthcare Corporation Route 120 & Wilson Road Round Lake, IL 60073 Tel (847) 270-4075 Fax (847) 270-4525 michael_niemotka@baxter.com - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Tue, 25 Mar 2003 17:44:37 -0500 From: "Tom Worley" Subject: Re: [CANSLIM] buying after a missed breakout from my training and reading, the "sell on 20% gain" rule is only intended to teach newcomers to CANSLIM how to have the discipline to take profits (and not get greedy) as well as to build up a positive result to offset the ones that are guaranteed to bite you. once you have learned how to take profits, and become better at the rest of the actual "sell" rules, then the goal is to be able to start identifying the ones that are destined, over time, to rise multi-hundred percent, and learn how to hold them, and when to fold them - ----- Original Message ----- From: To: Sent: Tuesday, March 25, 2003 5:23 PM Subject: Re: [CANSLIM] buying after a missed breakout Tom and Ed, I appreciate the advice and comments. I guess when you see some of the write ups in IBD or other places, the huge run ups of a Yahoo, or Cisco, etc, the multiple bases that form along the way sometimes get lost. Does anyone know of studies that WON, or someone else did, relative to the "average" amount a stock will move up before re-basing? I know WON talks of talking some profits when a stock gains 20% from breakout, but if you sell out here, assuming no sell signals, do you risk missing out on 100% gains, etc? It sure does seem that some of the biggest winners of the past just blasted off from pivot point, and did not look back until a double, triple or more bagger. And Ed, I know what you mean about there always being another train coming down the tracks. On ANY day, you can go to Yahoo and list the top gainers, and there are stocks picking up 20% or more in a day. 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] buying after a missed breakout owner-canslim@lists.xm ission.com 03/25/2003 03:27 PM Please respond to canslim Hi Michael, The key is that you must be able to look at the stock as if you never heard of it before. If you can't get that "missed pivot / breakout" out of your head, then you are better off never looking at it again, as it will corrupt your thinking. If you can overcome this, then certainly it may present future valid pivot points and entry prices, even tho higher than that lost opportunity. The best stocks will go on for gains of 100% or more, so missing out on the first 30% or wherever it again forms a valid CANSLIM basing pattern only means that you missed a small part of the ride. - ----- Original Message ----- From: To: Sent: Tuesday, March 25, 2003 3:20 PM Subject: [CANSLIM] buying after a missed breakout In the last few days, we have seen a number of stocks breaking out of good bases. Only time will tell if they hold, but I was wondering what people's thoughts were in regards to buying the stocks later, if they missed the breakout. We all know that WON says not to chase a stock anymore than 5% above the pivot point, but assuming that a stock that you missed is going to be a 30% or greater winner, are there other valid entry points? I am not talking about getting in if the stock pulls back to the pivot soon after the breakout on light volume, which I know is a possible second chance, I am more interested in if people have entry points after a stock has gained over 5%, and does not drop any lower than that. Is it an all or nothing game on the breakouts, ie if you don't grab one within 5% of the pivot, then you eliminate it from your watchlist. or do you wait for temporary consolidation after it has gained 10% or more, in hopes that it continues to power up? Thanks Mike Mike Niemotka , PE Sr. Principal Engineer Baxter Healthcare Corporation Route 120 & Wilson Road Round Lake, IL 60073 Tel (847) 270-4075 Fax (847) 270-4525 michael_niemotka@baxter.com - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. - - - -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: Tue, 25 Mar 2003 22:37:56 EST From: Spencer48@aol.com Subject: Re: [CANSLIM] buying after a missed breakout Mike, In the 3/24/03 Ask WON in investors.com a related question was asked, viz. Should I buy stocks BO even though the Mkt is not yet ready? WON's answer is this: "You might miss a few stocks that jump out of the gate early. But to chase these stocks in the absence of a confirmed rally raises the risk of the market turning against you. Indeed, scores of failed rallies have burned impatient investors over the past three years. As stocks truly embark on a new bull market or at least a significant trading rally, you will have plenty of chances in the first weeks and months to buy leaders without incurring unnecessary risk. If you want to learn more about follow-through, check an article in the Investor's Corner Archives." The Investor's Corner Archive is 11/17/2000, and its URL is: http://www.investors.com/learn/ICmarket06.asp jans In a message dated 3/25/2003 3:21:41 PM Eastern Standard Time, michael_niemotka@baxter.com writes: << In the last few days, we have seen a number of stocks breaking out of good bases. Only time will tell if they hold, but I was wondering what people's thoughts were in regards to buying the stocks later, if they missed the breakout.... >> - - - -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: Tue, 25 Mar 2003 21:24:44 -0800 From: Harold Josephson Subject: [CANSLIM] Archive search This is a multi-part message in MIME format. - ------=_NextPart_000_0003_01C2F314.F8AD07E0 Content-Type: multipart/alternative; boundary="----=_NextPart_001_0004_01C2F314.F8B01520" - ------=_NextPart_001_0004_01C2F314.F8B01520 Content-Type: text/plain; charset="us-ascii" Content-Transfer-Encoding: 7bit How do I search the archives for a specific company or symbol reference? I tried going to http://www.xmission.com/~mcjathan/canslim/search.html but it seems to return a search script, rather than the item I was seeking. Thanks Harold Josephson Tel: 323.850.1333 Fax: 323.512.8968 hj@hjosephson.com - ------=_NextPart_001_0004_01C2F314.F8B01520 Content-Type: text/html; charset="us-ascii" Content-Transfer-Encoding: quoted-printable

How do I search the archives for a specific company = or symbol reference?  I tried = going to http://www= .xmission.com/~mcjathan/canslim/search.html but it seems to return a search script, rather than the item I was = seeking.

 

Thanks

 

Harold = Josephson
Tel: 323.850.1333
Fax: 323.512.8968
hj@hjosephson.com =  

 

- ------=_NextPart_001_0004_01C2F314.F8B01520-- - ------=_NextPart_000_0003_01C2F314.F8AD07E0 Content-Type: image/jpeg; name="image001.jpg" Content-Transfer-Encoding: base64 Content-ID: /9j/4AAQSkZJRgABAgEASABIAAD/7QSqUGhvdG9zaG9wIDMuMAA4QklNA+kAAAAAAHgAAwAAAEgA SAAAAAAC2gIo/+H/4QL5AkUDRwUoA/wAAgAAAEgASAAAAAAC2AIoAAEAAABkAAAAAQADAwMAAAAB Jw8AAQABAAAAAAAAAAAAAAAAYAgAGQGQAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA4 QklNA+0AAAAAABAASAAAAAEAAQBIAAAAAQABOEJJTQPzAAAAAAAIAAAAAAAAAAA4QklNBAoAAAAA AAEAADhCSU0nEAAAAAAACgABAAAAAAAAAAI4QklNA/UAAAAAAEgAL2ZmAAEAbGZmAAYAAAAAAAEA L2ZmAAEAoZmaAAYAAAAAAAEAMgAAAAEAWgAAAAYAAAAAAAEANQAAAAEALQAAAAYAAAAAAAE4QklN A/gAAAAAAHAAAP////////////////////////////8D6AAAAAD///////////////////////// ////A+gAAAAA/////////////////////////////wPoAAAAAP////////////////////////// //8D6AAAOEJJTQQAAAAAAAACAAA4QklNBAIAAAAAAAIAADhCSU0ECAAAAAAAEAAAAAEAAAJAAAAC QAAAAAA4QklNBAkAAAAAApkAAAABAAAAgAAAAAEAAAGAAAABgAAAAn0AGAAB/9j/4AAQSkZJRgAB AgEASABIAAD//gAnRmlsZSB3cml0dGVuIGJ5IEFkb2JlIFBob3Rvc2hvcKggNC4wAP/uAA5BZG9i ZQBkgAAAAAH/2wCEAAwICAgJCAwJCQwRCwoLERUPDAwPFRgTExUTExgRDAwMDAwMEQwMDAwMDAwM DAwMDAwMDAwMDAwMDAwMDAwMDAwBDQsLDQ4NEA4OEBQODg4UFA4ODg4UEQwMDAwMEREMDAwMDAwR DAwMDAwMDAwMDAwMDAwMDAwMDAwMDAwMDAwMDP/AABEIAAEAgAMBIgACEQEDEQH/3QAEAAj/xAE/ AAABBQEBAQEBAQAAAAAAAAADAAECBAUGBwgJCgsBAAEFAQEBAQEBAAAAAAAAAAEAAgMEBQYHCAkK CxAAAQQBAwIEAgUHBggFAwwzAQACEQMEIRIxBUFRYRMicYEyBhSRobFCIyQVUsFiMzRygtFDByWS U/Dh8WNzNRaisoMmRJNUZEXCo3Q2F9JV4mXys4TD03Xj80YnlKSFtJXE1OT0pbXF1eX1VmZ2hpam tsbW5vY3R1dnd4eXp7fH1+f3EQACAgECBAQDBAUGBwcGBTUBAAIRAyExEgRBUWFxIhMFMoGRFKGx QiPBUtHwMyRi4XKCkkNTFWNzNPElBhaisoMHJjXC0kSTVKMXZEVVNnRl4vKzhMPTdePzRpSkhbSV xNTk9KW1xdXl9VZmdoaWprbG1ub2JzdHV2d3h5ent8f/2gAMAwEAAhEDEQA/APTqPon4/wAAir5X SQGyn6oSXyukip+qEl8rpJKfqhJfK6SSn6oSXyukkp+qEl8rpJKfqhJfK6SSn6oSXyukkp//2QA4 QklNBAYAAAAAAAcABAAAAAEBAP/+ACdGaWxlIHdyaXR0ZW4gYnkgQWRvYmUgUGhvdG9zaG9wqCA0 LjAA/+4ADkFkb2JlAGQAAAAAAf/bAIQABgQEBwUHCwYGCw4KCAoOEQ4ODg4RFhMTExMTFhEMDAwM DAwRDAwMDAwMDAwMDAwMDAwMDAwMDAwMDAwMDAwMDAEHCQkTDBMiExMiFA4ODhQUDg4ODhQRDAwM DAwREQwMDAwMDBEMDAwMDAwMDAwMDAwMDAwMDAwMDAwMDAwMDAwM/8AAEQgAAwZAAwERAAIRAQMR Af/dAAQAyP/EAaIAAAAHAQEBAQEAAAAAAAAAAAQFAwIGAQAHCAkKCwEAAgIDAQEBAQEAAAAAAAAA AQACAwQFBgcICQoLEAACAQMDAgQCBgcDBAIGAnMBAgMRBAAFIRIxQVEGE2EicYEUMpGhBxWxQiPB UtHhMxZi8CRygvElQzRTkqKyY3PCNUQnk6OzNhdUZHTD0uIIJoMJChgZhJRFRqS0VtNVKBry4/PE 1OT0ZXWFlaW1xdXl9WZ2hpamtsbW5vY3R1dnd4eXp7fH1+f3OEhYaHiImKi4yNjo+Ck5SVlpeYmZ qbnJ2en5KjpKWmp6ipqqusra6voRAAICAQIDBQUEBQYECAMDbQEAAhEDBCESMUEFURNhIgZxgZEy obHwFMHR4SNCFVJicvEzJDRDghaSUyWiY7LCB3PSNeJEgxdUkwgJChgZJjZFGidkdFU38qOzwygp 0+PzhJSktMTU5PRldYWVpbXF1eX1RlZmdoaWprbG1ub2R1dnd4eXp7fH1+f3OEhYaHiImKi4yNjo +DlJWWl5iZmpucnZ6fkqOkpaanqKmqq6ytrq+v/aAAwDAQACEQMRAD8A9N/vv+Lv+SWFhv5/7F37 7/i7/kliu/n/ALFbJ63H/dv0+lTFd/P/AGKj++/y/wDkliu/n/sVa29Tl8fSn7fCn/JPfFIRH/AY GTv+AxV3/AYq7/gMVd/wGKu/4DFXf8Birv8AgMVd/wABirv+AxV3/AYq7/gMVd/wGKu/4DFXf8Bi rv8AgMVd/wABirv+AxV3/AYq7/gMVd/wGKu/4DFXf8Birv8AgMVd/wABirv+AxV3/AYq7/gMVd/w GKu/4DFXf8Birv8AgMVd/wABirv+AxV3/AYq7/gMVd/wGKu/4DFXf8Birv8AgMVd/wABirv+AxV3 /AYq7/gMVd/wGKu/4DFXf8Birv8AgMVd/wABirv+AxV3/AYq7/gMVd/wGKu/4DFXf8Birv8AgMVd /wABirv+AxV3/AYq7/gMVd/wGKu/4DFXf8Birv8AgMVd/wABirv+AxV3/AYq7/gMVd/wGKu/4DFX f8Birv8AgMVd/wABirv+AxV3/AYq7/gMVd/wGKu/4DFXf8Birv8AgMVd/wABirv+AxV3/AYq7/gM Vd/wGKu/4DFXf8Birv8AgMVd/wABirv+AxV3/AYq7/gMVd/wGKu/4DFXf8Birv8AgMVd/wABirv+ AxV3/AYq7/gMVd/wGKu/4DFXf8Birv8AgMVd/wABirv+AxV3/AYq7/gMVd/wGKu/4DFXf8Birv8A gMVd/wABirv+AxV3/AYq7/gMVd/wGKu/4DFXf8Birv8AgMVd/wABirv+AxV3/AYq7/gMVd/wGKu/ 4DFXf8Birv8AgMVd/wABirv+AxV3/AYq7/gMVd/wGKu/4DFXf8Birv8AgMVd/wABirv+AxV3/AYq 7/gMVd/wGKu/4DFXf8Birv8AgMVd/wABirv+AxV3/AYq7/gMVd/wGKu/4DFXf8Birv8AgMVd/wAB irv+AxV3/AYq7/gMVd/wGKu/4DFXf8Birv8AgMVd/wABirv+AxV3/AYq7/gMVd/wGKu/4DFXf8Bi rv8AgMVd/wABirv+AxV3/AYq7/gMVd/wGKu/4DFXf8Birv8AgMVd/wABirv+AxV3/AYq7/gMVd/w GKu/4DFXf8Birv8AgMVd/wABirv+AxV3/AYq7/gMVd/wGKu/4DFXf8Birv8AgMVd/wABirv+AxV3 /AYq/wD/2Q== - ------=_NextPart_000_0003_01C2F314.F8AD07E0-- - - - -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, 26 Mar 2003 08:34:48 -0600 From: michael_niemotka@baxter.com Subject: Re: [CANSLIM] buying after a missed breakout "......learn when to walk away, know when to run......." Sorry, I could not help myself! :) 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] buying after a missed breakout owner-canslim@lists.xm ission.com 03/25/2003 04:44 PM Please respond to canslim from my training and reading, the "sell on 20% gain" rule is only intended to teach newcomers to CANSLIM how to have the discipline to take profits (and not get greedy) as well as to build up a positive result to offset the ones that are guaranteed to bite you. once you have learned how to take profits, and become better at the rest of the actual "sell" rules, then the goal is to be able to start identifying the ones that are destined, over time, to rise multi-hundred percent, and learn how to hold them, and when to fold them - ----- Original Message ----- From: To: Sent: Tuesday, March 25, 2003 5:23 PM Subject: Re: [CANSLIM] buying after a missed breakout Tom and Ed, I appreciate the advice and comments. I guess when you see some of the write ups in IBD or other places, the huge run ups of a Yahoo, or Cisco, etc, the multiple bases that form along the way sometimes get lost. Does anyone know of studies that WON, or someone else did, relative to the "average" amount a stock will move up before re-basing? I know WON talks of talking some profits when a stock gains 20% from breakout, but if you sell out here, assuming no sell signals, do you risk missing out on 100% gains, etc? It sure does seem that some of the biggest winners of the past just blasted off from pivot point, and did not look back until a double, triple or more bagger. And Ed, I know what you mean about there always being another train coming down the tracks. On ANY day, you can go to Yahoo and list the top gainers, and there are stocks picking up 20% or more in a day. 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] buying after a missed breakout owner-canslim@lists.xm ission.com 03/25/2003 03:27 PM Please respond to canslim Hi Michael, The key is that you must be able to look at the stock as if you never heard of it before. If you can't get that "missed pivot / breakout" out of your head, then you are better off never looking at it again, as it will corrupt your thinking. If you can overcome this, then certainly it may present future valid pivot points and entry prices, even tho higher than that lost opportunity. The best stocks will go on for gains of 100% or more, so missing out on the first 30% or wherever it again forms a valid CANSLIM basing pattern only means that you missed a small part of the ride. - ----- Original Message ----- From: To: Sent: Tuesday, March 25, 2003 3:20 PM Subject: [CANSLIM] buying after a missed breakout In the last few days, we have seen a number of stocks breaking out of good bases. Only time will tell if they hold, but I was wondering what people's thoughts were in regards to buying the stocks later, if they missed the breakout. We all know that WON says not to chase a stock anymore than 5% above the pivot point, but assuming that a stock that you missed is going to be a 30% or greater winner, are there other valid entry points? I am not talking about getting in if the stock pulls back to the pivot soon after the breakout on light volume, which I know is a possible second chance, I am more interested in if people have entry points after a stock has gained over 5%, and does not drop any lower than that. Is it an all or nothing game on the breakouts, ie if you don't grab one within 5% of the pivot, then you eliminate it from your watchlist. or do you wait for temporary consolidation after it has gained 10% or more, in hopes that it continues to power up? Thanks Mike Mike Niemotka , PE Sr. Principal Engineer Baxter Healthcare Corporation Route 120 & Wilson Road Round Lake, IL 60073 Tel (847) 270-4075 Fax (847) 270-4525 michael_niemotka@baxter.com - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. - - - -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. ------------------------------ End of canslim-digest V2 #3242 ****************************** 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.