From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #3448 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 Friday, July 25 2003 Volume 02 : Number 3448 In this issue: Re: [CANSLIM] Another mystery plunge RE: [CANSLIM] Another mystery plunge ---------------------------------------------------------------------- Date: Fri, 25 Jul 2003 15:56:18 -0500 From: "Gene Ricci" Subject: Re: [CANSLIM] Another mystery plunge This is a multi-part message in MIME format. - ------=_NextPart_000_0061_01C352C5.49655B00 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi Katherine, Thanks for taking the time to help me understand. Have one last question (for today) concerning your fundie scores. Can a = subscriber ask for a list of stocks, in your data base, that have = scores of >/=3D 8 out of 11 or some other combination? And, if so, can = the list be exported to a spreadsheet? Gene =20 ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Friday, July 25, 2003 3:30 PM Subject: RE: [CANSLIM] Another mystery plunge Hi Gene, There is never intention to stray from CANSLIM principles. As you = know, I am very much a purist in my interpretation of CANSLIM, though I = do recognize and speak freely on the limitations and pitfalls of IBD = industry and stock rankings. In all of our help files we also caution = about the limitations of each particular measurement, whether it is the = CE score or an industry ranking/score. CE scores are not intended to = emulate IBD's proprietary rankings such as SMR/EPS/Timeliness/AD and = other Stock Checkup rankings that they use on the Investors.com site so = you there is not a comparison of one vs. another. Instead, we provide a = way for people to grasp the general technical health of the stock (CET) = and the how closely the stock's fundamentals match the CANSLIM yardstick = (CEF). Again, neither of these are used to identify stocks setting up, = just the technical price action of the stock. The help files throughout = the site itself explain industry ranks, ranks within industry, etc, so I = will not go into them here, as that would not be appropriate for general = discussion on a public CANSLIM list. The help file on the charts, which = we also make available to CANSLIM list members, give the definitions of = key items such as comparative RS (RS Line), RS (RS Rank), U/D ratio etc. = See it by clicking on the help file on a chart: http://www.breakoutwatch.com/charts/kmchart.php These are the same as the indicators you see on IBD/DGO charts, as = they are standardized technical measurements, not IBD proprietary = measurements. The only difference is that we do not include Canadian = stocks in our database as does IBD/DGO, so our RSRanks are slightly = different as a result. The same is true of HGSI/QP2, which also does not = include Canadian stocks.=20 As you know, over the years, the DGO/IBD staff and lawyers lurk on our = list. They have made a habit of sending legal letters or making phone = calls from their lawyers to individuals on this list when they feel = their proprietary data is being encroached. That effectively prevents = any of us from using one of their IBD or DGO charts for annotations = during a discussion, and for the most part from even *mentioning* the = values of proprietary indicators such as SMR, EPS, AD, etc. In my = discussion with the head of the Wm O'Neil Corporation, I asked why they = did not allow us to use these for discussions, as it was difficult to = have meaningful CANSLIM discussions by the book when we were not allowed = to quote these values. I asked in vein if they would be willing to = provide our list with good faith guidelines, as using their data and = their products in discussion actually promoted the use of their = products. They did not respond. As a result, Mike & I wanted to provide an alternative for list = members that would allow them, without fear of retribution, be able to = discuss the fundamental and/or technical attributes of a stock, and that = was the reason we continue to make both the CANSLIM evaluator and our = charts available to folks here on the list.=20 Katherine -----Original Message----- From: owner-canslim@lists.xmission.com = [mailto:owner-canslim@lists.xmission.com]On Behalf Of Gene Ricci Sent: Friday, July 25, 2003 12:39 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] Another mystery plunge Katherine, many thanks for the links to the explanation of the BOW = terminology. Using terms different than the IBD language is hard on = those that don't subscribe. In fact, getting agreement on the meaning = of IBD terminology is a chore in itself. I hope that this user group = doesn't stray far from the WON concepts/terminology that took me quite = some to learn and gain a minimal working knowledge of..... If my interpretation of the BOW terminology is correct, CET does not = stand for TA but rather a minimum set of objective technical criteria = that is part of your service. I couldn't find a matrix showing how your = definitions match IBD's definitions. Can I assume that your numbers for the following match IBDs? 1. RS 2. Industry Rank prior to the secondary sort 3. Up/Down Ratio BTW, the new design of your site looks to be user friendly! regards, Gene ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Friday, July 25, 2003 11:36 AM Subject: RE: [CANSLIM] Another mystery plunge Gene, Please see the help file on our CE scores at: http://www.breakoutwatch.com/canslim/CE_methodology.htm This file is available by clicking the "Help" button on the = Canslim Evaluator, which we make available to the CANSLIM list members = who wish to use it http://www.breakoutwatch.com/canslim/ On CET specifically (from the help file, emphasis added), "In How to Make Money in Stocks, O'Neil describes the preferred = technical condition of a stock at the time of a breakout, but does not = provide a more general description of a "technically healthy" stock. As = the goal of the CET is to provide some means of determining the = technical health of a stock whether or not it is setting up for a = breakout, we assign a score based on objective measurements of the = stock's price/volume action over the intermediate to long term. Scores = do not take into account very near term action of the stock such as a = recent breakdown, reversal, a broken short-term trend etc. " Katherine -----Original Message----- From: owner-canslim@lists.xmission.com = [mailto:owner-canslim@lists.xmission.com]On Behalf Of Gene Ricci Sent: Friday, July 25, 2003 10:21 AM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] Another mystery plunge Hong, can you translate CET terminology into IBD jargon?=20 Thanks, Gene ----- Original Message -----=20 From: Hong Hsu=20 To: canslim@lists.xmission.com=20 Sent: Friday, July 25, 2003 11:12 AM Subject: Re: [CANSLIM] Another mystery plunge DMC, For OSTE, the total TA score (CET) from breakoutwatch.com = is 6.8=20 out of 7. With that score I will tend to believe it has solid = TA. Does=20 it? Maybe Katherine could share her insight. -Hong - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. - ------=_NextPart_000_0061_01C352C5.49655B00 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Hi Katherine,
 
Thanks for taking the time to help me=20 understand.
 
Have one last question (for today) = concerning=20 your fundie scores. Can a subscriber ask for a list of stocks, in your = data=20 base,  that have scores of >/=3D 8 out of 11 or some other = combination?=20 And, if so, can the list be exported to a spreadsheet?
 
Gene
 
 
 
----- Original Message -----
From:=20 Katherine=20 Malm
To: canslim@lists.xmission.com=
Sent: Friday, July 25, 2003 = 3:30 PM
Subject: RE: [CANSLIM] Another = mystery=20 plunge

Hi Gene,
 
There is never intention to = stray from=20 CANSLIM principles. As you know, I am very much a purist in my = interpretation=20 of CANSLIM, though I do recognize and speak freely on the limitations = and=20 pitfalls of IBD industry and stock rankings. In all of our help = files we=20 also caution about the limitations of each particular = measurement,=20 whether it is the CE score or an industry ranking/score.  CE = scores=20 are not intended to emulate IBD's proprietary rankings such as=20 SMR/EPS/Timeliness/AD and other Stock Checkup rankings that they use = on the=20 Investors.com site so you there is not a comparison of one vs. = another.=20 Instead, we provide a way for people to grasp the general technical = health of=20 the stock (CET) and the how closely the stock's fundamentals match the = CANSLIM=20 yardstick (CEF). Again, neither of these are used = to identify=20 stocks setting up, just the technical price action of the = stock. The=20 help files throughout the site itself explain industry ranks, ranks = within=20 industry, etc, so I will not go into them here, as that would not be=20 appropriate for general discussion on a public CANSLIM list. The help = file on=20 the charts, which we also make available to CANSLIM list members, give = the=20 definitions of key items such as comparative RS (RS Line), RS (RS = Rank), U/D=20 ratio etc.  See it by clicking on the help file on a = chart:
 
http://www.break= outwatch.com/charts/kmchart.php
 
These are the same as the = indicators you=20 see on IBD/DGO charts, as they are standardized technical = measurements, not=20 IBD proprietary measurements. The only difference is that we do not = include=20 Canadian stocks in our database as does IBD/DGO, so our RSRanks are = slightly=20 different as a result. The same is true of HGSI/QP2, which also does = not=20 include Canadian stocks.
 
As you know, over the years, the = DGO/IBD=20 staff and lawyers lurk on our list. They have made a habit of sending = legal=20 letters or making phone calls from their lawyers to individuals on = this list=20 when they feel their proprietary data is being encroached. That = effectively=20 prevents any of us from using one of their IBD or DGO charts for = annotations=20 during a discussion, and for the most part from even *mentioning* the = values=20 of proprietary indicators such as SMR, EPS, AD, etc. In my discussion = with the=20 head of the Wm O'Neil Corporation, I asked why they did not allow us = to use=20 these for discussions, as it was difficult to have meaningful CANSLIM=20 discussions by the book when we were not allowed to quote these = values. I=20 asked in vein if they would be willing to provide our list with good = faith=20 guidelines, as using their data and their products in discussion = actually=20 promoted the use of their products. They did not respond.
 
As a result, Mike & I wanted = to=20 provide an alternative for list members that would allow them, without = fear of=20 retribution, be able to discuss the fundamental and/or technical = attributes of=20 a stock, and that was the reason we continue to make both the CANSLIM=20 evaluator and our charts available to folks here on the list. =
 
Katherine
 
 
 
-----Original Message-----
From:=20 owner-canslim@lists.xmission.com=20 [mailto:owner-canslim@lists.xmission.com]On Behalf Of Gene=20 Ricci
Sent: Friday, July 25, 2003 12:39 PM
To:=20 canslim@lists.xmission.com
Subject: Re: [CANSLIM] Another = mystery=20 plunge

Katherine, many thanks for the = links to the=20 explanation of the BOW terminology. Using terms different than the = IBD=20 language is hard on those that don't subscribe.  In fact, = getting=20 agreement on the meaning of IBD terminology is a chore in itself.=20 I hope that this user group doesn't stray far from = the WON=20 concepts/terminology that took me quite some to learn and=20 gain a minimal working knowledge of.....
 
If my interpretation of the BOW = terminology=20 is correct, CET does not stand for TA but rather a minimum set of = objective=20 technical criteria that is part of your service. I couldn't find a = matrix=20 showing how your definitions match IBD's = definitions.
 
Can I assume that your = numbers for the=20 following match IBDs?
1. RS
2. Industry Rank prior to the = secondary=20 sort
3. Up/Down Ratio
 
BTW, the new design of your site = looks to be=20 user friendly!
 
regards,
Gene
 
----- Original Message ----- =
From:=20 Katherine=20 Malm
To: canslim@lists.xmission.com= =20
Sent: Friday, July 25, 2003 = 11:36=20 AM
Subject: RE: [CANSLIM] = Another=20 mystery plunge

Gene,
 
Please see the help file on = our CE=20 scores at:
http://w= ww.breakoutwatch.com/canslim/CE_methodology.htm
 
This file is available by = clicking the=20 "Help" button on the Canslim Evaluator, which we make available to = the=20 CANSLIM list members who wish to use it
http://www.breakoutwatch.c= om/canslim/
 
On CET specifically (from = the help=20 file, emphasis added),
 
"In How to Make Money in = Stocks,=20 O=92Neil describes the preferred technical condition of a = stock at the=20 time of a breakout, but does not provide a more general = description of a=20 =93technically healthy=94 stock. As the goal of the CET is to = provide some=20 means of determining the technical health of a stock whether or = not it is=20 setting up for a breakout, we assign a score based on objective=20 measurements of the stock=92s price/volume action over the = intermediate to=20 long term. Scores do not take into account very near = term=20 action of the stock such as a recent breakdown, reversal, a broken = short-term trend etc. "
 
Katherine
-----Original Message-----
From:=20 owner-canslim@lists.xmission.com=20 [mailto:owner-canslim@lists.xmission.com]On Behalf Of = Gene=20 Ricci
Sent: Friday, July 25, 2003 10:21 = AM
To:=20 canslim@lists.xmission.com
Subject: Re: [CANSLIM] = Another=20 mystery plunge

Hong, can you translate CET = terminology=20 into IBD jargon?
 
Thanks,
Gene
----- Original Message ----- =
From:=20 Hong Hsu
To: canslim@lists.xmission.com= =20
Sent: Friday, July 25, = 2003 11:12=20 AM
Subject: Re: [CANSLIM] = Another=20 mystery plunge

     = DMC,

   =20 For OSTE, the total TA score  (CET) from = breakoutwatch.com is 6.8=20
out of 7.  With that score I will tend to believe it = has=20 solid TA.  Does
it?   Maybe Katherine could = share=20 her insight.

    = - -Hong



-
-To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
-In= =20 the email body, write "subscribe canslim" or
-"unsubscribe=20 canslim".  Do not use quotes in your=20 = email.
- ------=_NextPart_000_0061_01C352C5.49655B00-- - - - -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: Fri, 25 Jul 2003 16:21:25 -0500 From: "Katherine Malm" Subject: RE: [CANSLIM] Another mystery plunge This is a multi-part message in MIME format. - ------=_NextPart_000_0055_01C352C8.CB488450 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: 8bit Hi Gene, If you have any additional questions on the site itself, it would be better to address them to the site's Q&A forum, as this is really too specific for a general public CANSLIM discussion and I wouldn't want to stray from that intent. The short answer to your question is no, one cannot search our database for stocks meeting certain fundamental scores. This is reflective of our bottoms-up approach to CANSLIM. That is, find the strong stocks technically that are basing and nearing a breakout, regardless of fundamental or industry rankings, then evaluate the strength of the technical setup and apply one's individual interpretation of fundamental and industry CANSLIM guidelines to quickly narrow the list for due diligence and final selection. This is all described in greater detail on the home page by clicking on the Info links. Katherine -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Gene Ricci Sent: Friday, July 25, 2003 2:56 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] Another mystery plunge Hi Katherine, Thanks for taking the time to help me understand. Have one last question (for today) concerning your fundie scores. Can a subscriber ask for a list of stocks, in your data base, that have scores of >/= 8 out of 11 or some other combination? And, if so, can the list be exported to a spreadsheet? Gene ----- Original Message ----- From: Katherine Malm To: canslim@lists.xmission.com Sent: Friday, July 25, 2003 3:30 PM Subject: RE: [CANSLIM] Another mystery plunge Hi Gene, There is never intention to stray from CANSLIM principles. As you know, I am very much a purist in my interpretation of CANSLIM, though I do recognize and speak freely on the limitations and pitfalls of IBD industry and stock rankings. In all of our help files we also caution about the limitations of each particular measurement, whether it is the CE score or an industry ranking/score. CE scores are not intended to emulate IBD's proprietary rankings such as SMR/EPS/Timeliness/AD and other Stock Checkup rankings that they use on the Investors.com site so you there is not a comparison of one vs. another. Instead, we provide a way for people to grasp the general technical health of the stock (CET) and the how closely the stock's fundamentals match the CANSLIM yardstick (CEF). Again, neither of these are used to identify stocks setting up, just the technical price action of the stock. The help files throughout the site itself explain industry ranks, ranks within industry, etc, so I will not go into them here, as that would not be appropriate for general discussion on a public CANSLIM list. The help file on the charts, which we also make available to CANSLIM list members, give the definitions of key items such as comparative RS (RS Line), RS (RS Rank), U/D ratio etc. See it by clicking on the help file on a chart: http://www.breakoutwatch.com/charts/kmchart.php These are the same as the indicators you see on IBD/DGO charts, as they are standardized technical measurements, not IBD proprietary measurements. The only difference is that we do not include Canadian stocks in our database as does IBD/DGO, so our RSRanks are slightly different as a result. The same is true of HGSI/QP2, which also does not include Canadian stocks. As you know, over the years, the DGO/IBD staff and lawyers lurk on our list. They have made a habit of sending legal letters or making phone calls from their lawyers to individuals on this list when they feel their proprietary data is being encroached. That effectively prevents any of us from using one of their IBD or DGO charts for annotations during a discussion, and for the most part from even *mentioning* the values of proprietary indicators such as SMR, EPS, AD, etc. In my discussion with the head of the Wm O'Neil Corporation, I asked why they did not allow us to use these for discussions, as it was difficult to have meaningful CANSLIM discussions by the book when we were not allowed to quote these values. I asked in vein if they would be willing to provide our list with good faith guidelines, as using their data and their products in discussion actually promoted the use of their products. They did not respond. As a result, Mike & I wanted to provide an alternative for list members that would allow them, without fear of retribution, be able to discuss the fundamental and/or technical attributes of a stock, and that was the reason we continue to make both the CANSLIM evaluator and our charts available to folks here on the list. Katherine -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Gene Ricci Sent: Friday, July 25, 2003 12:39 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] Another mystery plunge Katherine, many thanks for the links to the explanation of the BOW terminology. Using terms different than the IBD language is hard on those that don't subscribe. In fact, getting agreement on the meaning of IBD terminology is a chore in itself. I hope that this user group doesn't stray far from the WON concepts/terminology that took me quite some to learn and gain a minimal working knowledge of..... If my interpretation of the BOW terminology is correct, CET does not stand for TA but rather a minimum set of objective technical criteria that is part of your service. I couldn't find a matrix showing how your definitions match IBD's definitions. Can I assume that your numbers for the following match IBDs? 1. RS 2. Industry Rank prior to the secondary sort 3. Up/Down Ratio BTW, the new design of your site looks to be user friendly! regards, Gene ----- Original Message ----- From: Katherine Malm To: canslim@lists.xmission.com Sent: Friday, July 25, 2003 11:36 AM Subject: RE: [CANSLIM] Another mystery plunge Gene, Please see the help file on our CE scores at: http://www.breakoutwatch.com/canslim/CE_methodology.htm This file is available by clicking the "Help" button on the Canslim Evaluator, which we make available to the CANSLIM list members who wish to use it http://www.breakoutwatch.com/canslim/ On CET specifically (from the help file, emphasis added), "In How to Make Money in Stocks, O’Neil describes the preferred technical condition of a stock at the time of a breakout, but does not provide a more general description of a “technically healthy” stock. As the goal of the CET is to provide some means of determining the technical health of a stock whether or not it is setting up for a breakout, we assign a score based on objective measurements of the stock’s price/volume action over the intermediate to long term. Scores do not take into account very near term action of the stock such as a recent breakdown, reversal, a broken short-term trend etc. " Katherine -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Gene Ricci Sent: Friday, July 25, 2003 10:21 AM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] Another mystery plunge Hong, can you translate CET terminology into IBD jargon? Thanks, Gene ----- Original Message ----- From: Hong Hsu To: canslim@lists.xmission.com Sent: Friday, July 25, 2003 11:12 AM Subject: Re: [CANSLIM] Another mystery plunge DMC, For OSTE, the total TA score (CET) from breakoutwatch.com is 6.8 out of 7. With that score I will tend to believe it has solid TA. Does it? Maybe Katherine could share her insight. -Hong - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. - ------=_NextPart_000_0055_01C352C8.CB488450 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Hi Gene,
 
If you have=20 any additional questions on the site itself, it would be better to = address them=20 to the site's Q&A forum, as this is really too specific for a = general public=20 CANSLIM discussion and I wouldn't want to stray from that=20 intent.
 
The short answer to your question = is no, one=20 cannot search our database for stocks meeting certain fundamental = scores. This=20 is reflective of our bottoms-up approach to CANSLIM. That is, find the = strong=20 stocks technically that are basing and nearing a breakout, regardless of = fundamental or industry rankings, then evaluate the strength of the = technical=20 setup and apply one's individual interpretation of fundamental and = industry=20 CANSLIM guidelines to quickly narrow the list for due diligence and = final=20 selection.  This is all described in greater detail on the home = page by=20 clicking on the Info links.
 
Katherine
 
 
 -----Original = Message-----
From:=20 owner-canslim@lists.xmission.com = [mailto:owner-canslim@lists.xmission.com]On=20 Behalf Of Gene Ricci
Sent: Friday, July 25, 2003 2:56=20 PM
To: canslim@lists.xmission.com
Subject: Re: = [CANSLIM]=20 Another mystery plunge

Hi Katherine,
 
Thanks for taking the time to help = me=20 understand.
 
Have one last question (for today) = concerning=20 your fundie scores. Can a subscriber ask for a list of stocks, in your = data=20 base,  that have scores of >/=3D 8 out of 11 or some other = combination?=20 And, if so, can the list be exported to a spreadsheet?
 
Gene
 
 
 
----- Original Message -----
From:=20 Katherine=20 Malm
Sent: Friday, July 25, 2003 = 3:30=20 PM
Subject: RE: [CANSLIM] = Another mystery=20 plunge

Hi Gene,
 
There is never intention to = stray from=20 CANSLIM principles. As you know, I am very much a purist in my=20 interpretation of CANSLIM, though I do recognize and speak freely on = the=20 limitations and pitfalls of IBD industry and stock rankings. In = all of=20 our help files we also caution about the limitations of each = particular=20 measurement, whether it is the CE score or an industry=20 ranking/score.  CE scores are not intended to emulate = IBD's=20 proprietary rankings such as SMR/EPS/Timeliness/AD and other Stock = Checkup=20 rankings that they use on the Investors.com site so you there is not = a=20 comparison of one vs. another. Instead, we provide a way for people = to grasp=20 the general technical health of the stock (CET) and the how closely = the=20 stock's fundamentals match the CANSLIM yardstick (CEF).=20 Again, neither of these are used to identify stocks = setting=20 up, just the technical price action of the stock. The help = files=20 throughout the site itself explain industry ranks, ranks within = industry,=20 etc, so I will not go into them here, as that would not be = appropriate for=20 general discussion on a public CANSLIM list. The help file on the = charts,=20 which we also make available to CANSLIM list members, give the = definitions=20 of key items such as comparative RS (RS Line), RS (RS Rank), U/D = ratio=20 etc.  See it by clicking on the help file on a = chart:
 
http://www.break= outwatch.com/charts/kmchart.php
 
These are the same as the = indicators you=20 see on IBD/DGO charts, as they are standardized technical = measurements, not=20 IBD proprietary measurements. The only difference is that we do not = include=20 Canadian stocks in our database as does IBD/DGO, so our RSRanks are = slightly=20 different as a result. The same is true of HGSI/QP2, which also does = not=20 include Canadian stocks.
 
As you know, over the years, = the DGO/IBD=20 staff and lawyers lurk on our list. They have made a habit of = sending legal=20 letters or making phone calls from their lawyers to individuals on = this list=20 when they feel their proprietary data is being encroached. That = effectively=20 prevents any of us from using one of their IBD or DGO charts for = annotations=20 during a discussion, and for the most part from even *mentioning* = the values=20 of proprietary indicators such as SMR, EPS, AD, etc. In my = discussion with=20 the head of the Wm O'Neil Corporation, I asked why they did not = allow us to=20 use these for discussions, as it was difficult to have meaningful = CANSLIM=20 discussions by the book when we were not allowed to quote these = values. I=20 asked in vein if they would be willing to provide our list with good = faith=20 guidelines, as using their data and their products in discussion = actually=20 promoted the use of their products. They did not = respond.
 
As a result, Mike & I = wanted to=20 provide an alternative for list members that would allow them, = without fear=20 of retribution, be able to discuss the fundamental and/or technical=20 attributes of a stock, and that was the reason we continue to make = both the=20 CANSLIM evaluator and our charts available to folks here on the = list.=20
 
Katherine
 
 
 
-----Original Message-----
From:=20 owner-canslim@lists.xmission.com=20 [mailto:owner-canslim@lists.xmission.com]On Behalf Of Gene=20 Ricci
Sent: Friday, July 25, 2003 12:39 PM
To: = canslim@lists.xmission.com
Subject: Re: [CANSLIM] = Another=20 mystery plunge

Katherine, many thanks for the = links to=20 the explanation of the BOW terminology. Using terms different than = the IBD=20 language is hard on those that don't subscribe.  In fact, = getting=20 agreement on the meaning of IBD terminology is a chore in itself.=20 I hope that this user group doesn't stray far from = the WON=20 concepts/terminology that took me quite some to learn = and=20 gain a minimal working knowledge of.....
 
If my interpretation of the BOW=20 terminology is correct, CET does not stand for TA but rather a = minimum set=20 of objective technical criteria that is part of your service. I = couldn't=20 find a matrix showing how your definitions match IBD's=20 definitions.
 
Can I assume that your = numbers for=20 the following match IBDs?
1. RS
2. Industry Rank prior to the = secondary=20 sort
3. Up/Down Ratio
 
BTW, the new design of your site = looks to=20 be user friendly!
 
regards,
Gene
 
----- Original Message ----- =
From:=20 Katherine=20 Malm
To: canslim@lists.xmission.com= =20
Sent: Friday, July 25, = 2003 11:36=20 AM
Subject: RE: [CANSLIM] = Another=20 mystery plunge

Gene,
 
Please see the help file = on our CE=20 scores at:
http://w= ww.breakoutwatch.com/canslim/CE_methodology.htm
 
This file is available by = clicking=20 the "Help" button on the Canslim Evaluator, which we make = available to=20 the CANSLIM list members who wish to use it
http://www.breakoutwatch.c= om/canslim/
 
On CET specifically (from = the help=20 file, emphasis added),
 
"In How to Make Money = in Stocks,=20 O=92Neil describes the preferred technical condition of a = stock at the=20 time of a breakout, but does not provide a more general = description of a=20 =93technically healthy=94 stock. As the goal of the CET is to = provide some=20 means of determining the technical health of a stock whether or = not it=20 is setting up for a breakout, we assign a score based on = objective=20 measurements of the stock=92s price/volume action over the = intermediate to=20 long term. Scores do not take into account very near = term=20 action of the stock such as a recent breakdown, reversal, a = broken=20 short-term trend etc. "
 
Katherine
-----Original Message-----
From:=20 owner-canslim@lists.xmission.com=20 [mailto:owner-canslim@lists.xmission.com]On Behalf Of = Gene=20 Ricci
Sent: Friday, July 25, 2003 10:21 = AM
To:=20 canslim@lists.xmission.com
Subject: Re: [CANSLIM] = Another=20 mystery plunge

Hong, can you translate CET=20 terminology into IBD jargon?
 
Thanks,
Gene
----- Original Message ----- =
From:=20 Hong Hsu
To: canslim@lists.xmission.com= =20
Sent: Friday, July = 25, 2003=20 11:12 AM
Subject: Re: = [CANSLIM] Another=20 mystery plunge

    =20 DMC,

    For OSTE, the total TA = score =20 (CET) from breakoutwatch.com is 6.8
out of 7.  With = that=20 score I will tend to believe it has solid TA.  Does=20
it?   Maybe Katherine could share her=20 insight.

    = - -Hong



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