From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #3285 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, May 1 2003 Volume 02 : Number 3285 In this issue: RE: [CANSLIM] cansl*I*m RE: [CANSLIM] CANSLIM Hunting List 04/25/03 [CANSLIM] M [CANSLIM] stock price movement [CANSLIM] How does Earnings Release affect short term stock price? Re: [CANSLIM] M RE: [CANSLIM] M Re: [CANSLIM] M Re: [CANSLIM] How does Earnings Release affect short term stock price? [CANSLIM] Question about MRGE Re: [CANSLIM] M ---------------------------------------------------------------------- Date: Tue, 29 Apr 2003 22:00:53 -0400 From: Roger Tawa Subject: RE: [CANSLIM] cansl*I*m Thanks Tom. ================================================= Roger Tawa http://tawacentral.net/ [One thing about paradigms: shift happens.] [When you stop, you're done.] -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com] On Behalf Of Tom Worley Sent: Saturday, April 19, 2003 9:52 AM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] cansl*I*m Roger, I am still old fashioned when it comes to "I", and just stick to small cap stocks, many of which have little or no institutional involvement (so your #2 doesn't enter the equation for me). I do take conscious note of mutual fund ownership, and whether it is increasing or decreasing, but the lack of funds ownership has never stopped me buying a stock I otherwise liked. I do get nervous when I like a stock with a large funds ownership (over 20% or so), unless there is a very large piece of the issue held by Management (50% or more). While in theory I would agree that it's best to be buying stocks also held by / being bought by the best performing mutual funds, I have such a low opinion these days of funds managers that I never even consider the quality of funds in the stock. I have four different growth funds in my 401K, and I routinely and easily outperform them both with my personally managed accts (IRA & margin) as well as with my VR Fund. So, for me, my judgment is sufficient, I don't need it validated by the presence of funds, in fact generally prefer they stay away until I have my full position. - ----- Original Message ----- From: "Roger Tawa" To: Sent: Saturday, April 19, 2003 9:32 AM Subject: [CANSLIM] cansl*I*m Hi all, The list seems a little quiet these days, so let me ask a newbie question about the 'I' in CANSLIM. From what I understand, there seems to be two basic reasons why WON included 'I' as one of the seven criteria: 1. when institutions move into or out of a stock, this creates tremendous pressure on the stock's price, either up or down. You want to buy a stock when its institutional sponsorship is not too high but increasing. 2. sponsorship by the "better quality" institutions is like a sanity check for fundamental analysis of the stock. These large institutions spend a lot of time looking at fundamentals before they buy, so watching what they have been buying recently can give you an idea of stocks that probably have strong fundamentals. Msn seems to be a good source for #1. Not sure about good sources for #2. For the more experienced CANSLIMers on the list, how much do you use 'I' for #1 and/or #2? Thanks. ================================================= Roger Tawa http://tawacentral.net/ [One thing about paradigms: shift happens.] [When you stop, you're done.] - - - -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, 29 Apr 2003 22:40:02 -0500 From: "Katherine Malm" Subject: RE: [CANSLIM] CANSLIM Hunting List 04/25/03 This is a multi-part message in MIME format. - ------=_NextPart_000_0019_01C30EA0.457ECD00 Content-Type: text/plain; charset="US-ASCII" Content-Transfer-Encoding: 7bit LOL, Charley! I have 2 favorite quotes: "Originality is nothing more than judicious imitation" (Voltaire) and "Everything has been thought of before, but.the difficulty is to think of it again." (Goethe) I think it goes both ways when it comes to what we all do day to day based on O'Neil's work. ;)) Katherine -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Chazmoore@aol.com Sent: Tuesday, April 29, 2003 12:10 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] CANSLIM Hunting List 04/25/03 Katherine: Have you noticed that since you started publishing your hunting list, IBD now publishes the Top 100 List? Coincidence? Charley - ------=_NextPart_000_0019_01C30EA0.457ECD00 Content-Type: text/html; charset="US-ASCII" Content-Transfer-Encoding: quoted-printable
LOL, Charley!
 
I have 2 favorite = quotes:
 
"Originality is nothing more than = judicious=20 imitation"  (Voltaire) and
 
"Everything has been thought of = before,=20 but.the difficulty is to think of it again." (Goethe)
 
I think it goes both ways when it = comes to=20 what we all do day to day based on O'Neil's work. ;))
 
Katherine
-----Original Message-----
From:=20 owner-canslim@lists.xmission.com=20 [mailto:owner-canslim@lists.xmission.com]On Behalf Of=20 Chazmoore@aol.com
Sent: Tuesday, April 29, 2003 12:10=20 PM
To: canslim@lists.xmission.com
Subject: Re: = [CANSLIM]=20 CANSLIM Hunting List 04/25/03

Katherine: Have you noticed that = since you=20 started publishing your hunting list, IBD now publishes the Top 100 = List?=20 Coincidence?

Charley
- ------=_NextPart_000_0019_01C30EA0.457ECD00-- - - - -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, 30 Apr 2003 09:50:05 -0700 From: Ian Subject: [CANSLIM] M This is a multi-part message in MIME format. - --Boundary_(ID_dllZX3aS9uZ7mji3/UU7eg) Content-type: text/plain; charset=iso-8859-1 Content-transfer-encoding: 7BIT Morning all: I have to admit, I'm very surprised at the inactivity on our CANSLIM board for the past month, given the powerful nature of the rise, and the number of breakouts. I'm curious, does it mean that the majority are not trusting this 'rally'? Or are people not finding individual stocks? Or are the rallying stocks too 'small'? I must admit that longer-term, the ugly continued fall of the US greenback sure leads me to believe that this is just another bear-market rally (as opposed to the beginning of a secular bull), but the micro and smallcap breakouts are so strong right now, it doesn't seem to matter. What are folks up to? Cheers, Ian - --Boundary_(ID_dllZX3aS9uZ7mji3/UU7eg) Content-type: text/html; charset=iso-8859-1 Content-transfer-encoding: 7BIT
Morning all:
 
I have to admit, I'm very surprised at the inactivity on our CANSLIM board for the past month, given the powerful nature of the rise, and the number of breakouts. I'm curious, does it mean that the majority are not trusting this 'rally'? Or are people not finding individual stocks? Or are the rallying stocks too 'small'?
 
I must admit that longer-term, the ugly continued fall of the US greenback sure leads me to believe that this is just another bear-market rally (as opposed to the beginning of a secular bull), but the micro and smallcap breakouts are so strong right now, it doesn't seem to matter.
 
What are folks up to?
 
Cheers,
 
Ian
 
 
- --Boundary_(ID_dllZX3aS9uZ7mji3/UU7eg)-- - - - -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, 30 Apr 2003 12:12:33 -0500 From: michael_niemotka@baxter.com Subject: [CANSLIM] stock price movement All, It you buy a stock on a breakout, and within the first 3 weeks, it just so happens that earnings come out, and because they are good, the stock jumps up a good bit, do you discount that jump at all when considering whether or not to sell for 20% profit, if the one day jump moved it above 20% in the first weeks of holding? 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: Wed, 30 Apr 2003 10:18:35 -0700 From: "Chris Jones" Subject: [CANSLIM] How does Earnings Release affect short term stock price? This is a multi-part message in MIME format. - ------=_NextPart_000_000B_01C30F01.DC0058A0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi All - As I watch GRMN gain $3+ on 400% ADV because of an excellent earnings = release, I began to wonder if there is any general trend/rule to this. = When a company releases excellent earnings, (correct me if I'm wrong), = it seems that the stock usually goes up considerably. What usually = happens after the first big day of earnings? Does a typical pullback = occur? Or do institutions suddenly see it as a buying opportunity, = because of the great earnings, and then propel the stock higher? Is = there any general trend (or examples) of how earnings release may affect = the stock price beyond the first big day? Thanks! Chris - ------=_NextPart_000_000B_01C30F01.DC0058A0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Hi All -
 
As I watch GRMN gain $3+ on 400% ADV = because of an=20 excellent earnings release, I began to wonder if there is any general = trend/rule=20 to this.  When a company releases excellent earnings, (correct = me if=20 I'm wrong), it seems that the stock usually goes up considerably.  = What=20 usually happens after the first big day of earnings?  Does a = typical=20 pullback occur?  Or do institutions suddenly see it as a buying=20 opportunity, because of the great earnings, and then propel the stock=20 higher?  Is there any general trend (or examples) of how earnings = release=20 may affect the stock price beyond the first big day?
 
Thanks!
 
Chris
- ------=_NextPart_000_000B_01C30F01.DC0058A0-- - - - -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, 30 Apr 2003 10:49:12 -0700 (PDT) From: Kent Norman Subject: Re: [CANSLIM] M Hello Ian I have noticed that when things get interesting, people are too busy digging through charts and data to take time to post. Regards Kent - --- Ian wrote: > Morning all: > > I have to admit, I'm very surprised at the inactivity on our > CANSLIM board for the past month, given the powerful nature of > the rise, and the number of breakouts. I'm curious, does it > mean that the majority are not trusting this 'rally'? Or are > people not finding individual stocks? Or are the rallying > stocks too 'small'? > > I must admit that longer-term, the ugly continued fall of the > US greenback sure leads me to believe that this is just > another bear-market rally (as opposed to the beginning of a > secular bull), but the micro and smallcap breakouts are so > strong right now, it doesn't seem to matter. > > What are folks up to? > > Cheers, > > Ian > > > ===== An IDEA is a dangerous thing when it is the only one you have. __________________________________ Do you Yahoo!? The New Yahoo! Search - Faster. Easier. Bingo. http://search.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, 30 Apr 2003 13:50:14 -0500 From: "Fred Richards" Subject: RE: [CANSLIM] M This is a multi-part message in MIME format. - ------=_NextPart_000_0021_01C30F1F.706F48D0 Content-Type: text/plain; charset="us-ascii" Content-Transfer-Encoding: 7bit Maybe, it is because we've all been burnt in the past with bear trap rallies. Some might be taking a "show me" attitude this time around. - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com] On Behalf Of Ian Sent: Wednesday, April 30, 2003 11:50 AM To: canslim@lists.xmission.com Subject: [CANSLIM] M Morning all: I have to admit, I'm very surprised at the inactivity on our CANSLIM board for the past month, given the powerful nature of the rise, and the number of breakouts. I'm curious, does it mean that the majority are not trusting this 'rally'? Or are people not finding individual stocks? Or are the rallying stocks too 'small'? I must admit that longer-term, the ugly continued fall of the US greenback sure leads me to believe that this is just another bear-market rally (as opposed to the beginning of a secular bull), but the micro and smallcap breakouts are so strong right now, it doesn't seem to matter. What are folks up to? Cheers, Ian - ------=_NextPart_000_0021_01C30F1F.706F48D0 Content-Type: text/html; charset="us-ascii" Content-Transfer-Encoding: quoted-printable Message
Maybe,=20 it is because we've all been burnt in the past with bear trap = rallies. =20 Some might be taking a "show me" attitude this time = around.
-----Original Message-----
From:=20 owner-canslim@lists.xmission.com = [mailto:owner-canslim@lists.xmission.com]=20 On Behalf Of Ian
Sent: Wednesday, April 30, 2003 = 11:50=20 AM
To: canslim@lists.xmission.com
Subject: = [CANSLIM]=20 M

Morning all:
 
I have to admit, I'm very surprised at the = inactivity on our=20 CANSLIM board for the past month, given the powerful nature of = the rise,=20 and the number of breakouts. I'm curious, does it mean that the = majority are=20 not trusting this 'rally'? Or are people not finding individual = stocks? Or are=20 the rallying stocks too 'small'?
 
I must admit that longer-term, the ugly continued = fall of=20 the US greenback sure leads me to believe that this is just another=20 bear-market rally (as opposed to the beginning of a secular bull), but = the=20 micro and smallcap breakouts are so strong right now, it doesn't seem = to=20 matter.
 
What are folks up to?
 
Cheers,
 
Ian
 
=
 
- ------=_NextPart_000_0021_01C30F1F.706F48D0-- - - - -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, 30 Apr 2003 15:19:25 -0600 (GMT) From: rolfh@mindspring.com Subject: Re: [CANSLIM] M - ------=_Part_6184_1610077.1051730365725 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit Work's been busy and days are getting longer so the outdoors beckon. Neither is a valid excuse..... Here's a question for you, Tom, and maybe some others that don't shy from small caps. WON says that 3 of 4 (I think that's the right ratio) stocks follow the market up or down. In your experience, do small caps follow the market with a similar ratio? My qualitative feel is that they tend to do their own thing and are more independent of the general market, but I have no numbers. Rolf Original message attached. - ------=_Part_6184_1610077.1051730365725 Content-Type: TEXT/HTML; name=MESSAGE.HTML; charset=iso-8859-1 Content-Transfer-Encoding: 7bit Content-Disposition: attachment; filename=MESSAGE.HTML
Morning all:
 
I have to admit, I'm very surprised at the inactivity on our CANSLIM board for the past month, given the powerful nature of the rise, and the number of breakouts. I'm curious, does it mean that the majority are not trusting this 'rally'? Or are people not finding individual stocks? Or are the rallying stocks too 'small'?
 
I must admit that longer-term, the ugly continued fall of the US greenback sure leads me to believe that this is just another bear-market rally (as opposed to the beginning of a secular bull), but the micro and smallcap breakouts are so strong right now, it doesn't seem to matter.
 
What are folks up to?
 
Cheers,
 
Ian
 
 
- ------=_Part_6184_1610077.1051730365725-- - - - -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, 30 Apr 2003 14:55:07 -0500 From: michael_niemotka@baxter.com Subject: Re: [CANSLIM] How does Earnings Release affect short term stock price? Chris, I have seen everything happen, and it always seems to define reason. I happen to have bought GRMN a couple of weeks ago, so am happy to see today's progress, but I have seen other companies announce good earnings report for the quarter, but because they do not expand the full year outlook, the stock gets hit. Or a company could miss the current quarter, but announce that they will not downgrade full year projections, and the stock will rise..... I will be curious to see what other have to say on the matter, and in fact, there is a website that uses earnings announcements to predict future performance, I think it is called earningswhispers.com. 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 "Chris Jones" > cc: Sent by: Subject: [CANSLIM] How does Earnings Release affect short term stock owner-canslim@lists.xm price? ission.com 04/30/2003 12:18 PM Please respond to canslim Hi All - As I watch GRMN gain $3+ on 400% ADV because of an excellent earnings release, I began to wonder if there is any general trend/rule to this. When a company releases excellent earnings, (correct me if I'm wrong), it seems that the stock usually goes up considerably. What usually happens after the first big day of earnings? Does a typical pullback occur? Or do institutions suddenly see it as a buying opportunity, because of the great earnings, and then propel the stock higher? Is there any general trend (or examples) of how earnings release may affect the stock price beyond the first big day? Thanks! Chris - - - -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, 30 Apr 2003 18:56:06 -0500 From: " Bob Hodes" Subject: [CANSLIM] Question about MRGE This is a multi-part message in MIME format. - ------=_NextPart_000_0007_01C30F4A.279E7B00 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable I have a question about the chart for MRGE. Would today's price and = volume action be considered a break out (since the handle has repeatedly = bumped up against the $8 range but broke through that range today on v. = high volume) or is this not a techinical breakout b/c their was a high = point in the handle in early Jan around $9. The 5 month handle had been range bound between $6 and $8 and I bought = shares at $6 planning to sell if it broke below $5.50. I liked the = fundies, EPS and revenue growth rate, growing margins, and I live in WI = (company is in Milw). Heck I'm human so I have emotional reasons too. = Anyway, would today's action signal a time to add more shares if so = inclined or would one wait for a breakout above the $9 level. Thanks. - ------=_NextPart_000_0007_01C30F4A.279E7B00 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
I have a question about the chart for = MRGE. =20 Would today's price and volume action be considered a break out (since = the=20 handle has repeatedly bumped up against the $8 range but broke through = that=20 range today on v. high volume) or is this not a techinical breakout b/c = their=20 was a high point in the handle in early Jan around $9.
 
The 5 month handle had been range bound = between $6=20 and $8 and I bought shares at $6 planning to sell if it broke below = $5.50. =20 I liked the fundies, EPS and revenue growth rate, growing margins, and I = live in=20 WI (company is in Milw).  Heck I'm human so I have emotional = reasons=20 too.  Anyway, would today's action signal a time to add more shares = if so=20 inclined or would one wait for a breakout above the $9 = level.  =20 Thanks.
- ------=_NextPart_000_0007_01C30F4A.279E7B00-- - - - -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, 1 May 2003 12:37:51 -0600 From: "Patrick Wahl" Subject: Re: [CANSLIM] M On 30 Apr 2003 at 9:50, Ian wrote: > I must admit that longer-term, the ugly continued fall of the US greenback sure > leads me to believe that this is just another bear-market rally (as opposed to > the beginning of a secular bull), > What are folks up to? What you said above is about how I feel (minus the small caps, don't know those companies). No big earnings coming out on a consistent basis, the economic data that comes out continues to show a weak economy, sometimes even a contracting economy by some measures, so I'm pretty much just waiting for some signs of a real upturn in the economy. - - - -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 #3285 ****************************** 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.