From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #571 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 Sunday, April 4 1999 Volume 02 : Number 571 In this issue: [CANSLIM] Re: NITE Breakout Re: [CANSLIM] Re: NITE Breakout [CANSLIM] YHOO [CANSLIM] financial ruminations [CANSLIM] Trading on Expectations Re: [CANSLIM] U/D ratio RE: [CANSLIM] U/D ratio [CANSLIM] Possible good stock? ---------------------------------------------------------------------- Date: Sat, 3 Apr 1999 08:16:52 -0800 From: IMF STAFF Subject: [CANSLIM] Re: NITE Breakout Yes, I picked up NITE a couple weeks ago using the StockTables.com Free screening tool to screen for stocks with a 99 Relative Strength Rank, and a good accumulation distribution reading.. http://www.stocktables.com I also like to set the Volume % screen for +50% or greater and if there are a number of them, I will turn on the "New High Button". This limits the screen to only stocks that are meeting the parameters, while also making new highs. RS - 99 A/D - A, B (+1,+2, +3, +4) VOL% - >50% NEW HIGH: (optional) By setting the screen for these parameters, you will find stocks that are clearly outperforming the market, and often have great momentum. They are more aggressive volatile stocks than climb and drop fast, I often hold them from 1 week to 6 weeks. So these trades are shorter term than the modified Canslim system that I use for trading stocks from 3 to 6 months. It saves me a lot of time scanning the fine print in the newspaper...and it is a FREE SITE! Have Fun Screening! Bill - - ------------------------------ Date: Sat, 03 Apr 1999 20:48:29 +0200 From: Johan Van Houtven Subject: Re: [CANSLIM] Re: NITE Breakout Bill, Are you in any way related with http://www.imfnet.com/ AKA The PitBull Investor, the producers of http://www.stocktables.com? I am asking since your email adress point to this site. At 08:16 AM 4/3/99 -0800, you wrote: >Yes, I picked up NITE a couple weeks ago using the StockTables.com Free >screening tool to screen for stocks with a 99 Relative Strength Rank, and a >good accumulation distribution reading.. >http://www.stocktables.com > >I also like to set the Volume % screen for +50% or greater and if there are >a number of them, I will turn on the "New High Button". > >This limits the screen to only stocks that are meeting the parameters, >while also making new highs. > >RS - 99 >A/D - A, B (+1,+2, +3, +4) >VOL% - >50% >NEW HIGH: (optional) > >By setting the screen for these parameters, you will find stocks that are >clearly outperforming the market, and often have great momentum. > >They are more aggressive volatile stocks than climb and drop fast, I often >hold them from 1 week to 6 weeks. > >So these trades are shorter term than the modified Canslim system that I >use for trading stocks from 3 to 6 months. > >It saves me a lot of time scanning the fine print in the newspaper...and it >is a FREE SITE! > >Have Fun Screening! >Bill > >- > > Johan - - ------------------------------ Date: Sat, 3 Apr 1999 21:00:14 +0100 From: "Marc Laniado" Subject: [CANSLIM] YHOO Who's watching the chart? Looks like a cup with handle and volume drying? Could break out again?? Any takers? Price 179.75 EPS 84 RS 99 SMR A A/D B Group RS 99 Group INTERNET-ISP/CONTENT 52 week high 222.5 52 week low 22.72 19% off high Marc Marc E Laniado begin 666 Marc Elie Laniado.vcf M0D5'24XZ5D-!4D0-"DXZ3&%N:6%D;SM-87)C.T5L:64-"D9..DUA Subject: [CANSLIM] financial ruminations I thought this was somewhat interesting anyway, especially after returning to the working world after sveral years on my own and realizing work kinda stinks, may be of a too intangible nature for some people, but its a rumination on how to think about success - http://cbs.marketwatch.com/news/current/superstar.htx?source=htx /http2_mw If the wrap around address is a bit confusing, go to the CBS Marketwatch page and under Perspectives on the front page, click on Pricing Peace of Mind. - - ------------------------------ Date: Sat, 3 Apr 1999 18:19:14 -0600 (CST) From: mckeen@ix.netcom.com Subject: [CANSLIM] Trading on Expectations Dave C. Agree with your points above and appreciate your sharing your methodology. Just want to add something here. I am still working on a system after trading for close to two years. I find that flexibility is important also. Sticking to a personal method, but always being open is healthy. By this I don't mean listening to every bit of advice and opinion that's available. I think exploring another avenue, looking at potential rather than only past performance such as the case with internet-related companies may be worthwhile. Reviewing trades frequently can highlight a recurring problem (for me that was placing automatic 8% stop loss below the price paid which, in too many cases, took me out of the trade just to see the stock go up. This happened in the volatile internet-related stocks). Basically, each person, as you and others have said, needs to find their own way of investing that brings them the success they're happy with. Regards, Mary - - ------------------------------ Date: Sun, 4 Apr 1999 11:19:23 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] U/D ratio Dan, I can't speak for any other sources, but DG/DGO calculates the daily Up/Down ratio as a 50 day ratio derived by dividing the total volume on days when the stock closed up from the previous day by total volume on days it closed down. A ratio greater than 1.0 implies a positive demand. From my experience, a CS stock should maintain at least a 0.8 ratio, and numbers much over 2.0 become insignificant in degree (e.g. a ratio of 1.8 and a ratio of 3.7 don't have much different significance, esp if the float is vastly different). Currently, many of my small caps with fantastic fundies carry a ratio well under 1.0, just another sign of how far out of favor small caps are now. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html - -----Original Message----- From: Dan Sutton To: canslim@lists.xmission.com Date: Saturday, April 03, 1999 11:55 AM Subject: [CANSLIM] U/D ratio I think this has been discussed before, but I can't find the answer in my database or by searching the CANSLIM archives...how is the U/D ratio calculated? - - - - ------------------------------ Date: Sun, 4 Apr 1999 09:33:48 -0600 From: "Dan Sutton" Subject: RE: [CANSLIM] U/D ratio Thanks Tom, I will plug that into my spreadsheet - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com] On Behalf Of Tom Worley Sent: Sunday, April 04, 1999 9:19 AM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] U/D ratio Dan, I can't speak for any other sources, but DG/DGO calculates the daily Up/Down ratio as a 50 day ratio derived by dividing the total volume on days when the stock closed up from the previous day by total volume on days it closed down. A ratio greater than 1.0 implies a positive demand. >From my experience, a CS stock should maintain at least a 0.8 ratio, and numbers much over 2.0 become insignificant in degree (e.g. a ratio of 1.8 and a ratio of 3.7 don't have much different significance, esp if the float is vastly different). Currently, many of my small caps with fantastic fundies carry a ratio well under 1.0, just another sign of how far out of favor small caps are now. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html - -----Original Message----- From: Dan Sutton To: canslim@lists.xmission.com Date: Saturday, April 03, 1999 11:55 AM Subject: [CANSLIM] U/D ratio I think this has been discussed before, but I can't find the answer in my database or by searching the CANSLIM archives...how is the U/D ratio calculated? - - - - - - ------------------------------ Date: Sun, 04 Apr 1999 06:51:25 -0400 From: Chris Miller Subject: [CANSLIM] Possible good stock? Well since I am very new to this and still in college, give me a little leeway in this ok? I was just finishing a report for a class and noticed this stock it has a very good EPS of late. It trades on low volume and is very near its low. The EPS have gone like this : 1.27, .91, .66, .44, .40.. The stock is AIR, AAR Corporation. Has anyone looked at this one yet or am I way off the mark here?? Chris Miller - - ------------------------------ End of canslim-digest V2 #571 ***************************** 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.