From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #589 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 Tuesday, April 27 1999 Volume 02 : Number 589 In this issue: Fw: [CANSLIM] New DGO list Re: [CANSLIM] New DGO list [CANSLIM] WTSLA [CANSLIM] Re: [NON-CANSLIM] DOUBLE BOTTOM [CANSLIM] New DGO list [CANSLIM] No messages? RE: [CANSLIM] New DGO list LLUR (was Re: [CANSLIM] New DGO list) Re: [CANSLIM] New DGO list KEA (was Re: [CANSLIM] Re: [NON-CANSLIM] DOUBLE BOTTOM) RE: LLUR (was Re: [CANSLIM] New DGO list) Re: [CANSLIM] WTSLA Re: [CANSLIM] New DGO list Re: LLUR (was Re: [CANSLIM] New DGO list) Re: [CANSLIM] New DGO list [CANSLIM] Length of chart time (was: New DGO list) Re: [CANSLIM] Length of chart time (was: New DGO list) [CANSLIM] Weekly Stock List - April 23, 1999 - Condensed Version [CANSLIM] NASDAQ rising to new high on falling volume ---------------------------------------------------------------------- Date: Sun, 25 Apr 1999 15:26:18 +0100 From: "Marc Laniado" Subject: Fw: [CANSLIM] New DGO list Tom, The LLUR list you give - how does that apply to CS? Do you mean that one could buy on a pull back with the order set above the previous day's low or do you just buy it? I am not quite sure how to apply it. Thanks, Marc Marc E Laniado marclaniado@msn.com Tel/Fax: +44 171 731 1354 Mobile +44 777 553 1354 - -----Original Message----- From: Tom Worley To: CANSLIM Date: 25 April 1999 15:02 Subject: [CANSLIM] New DGO list >Just finished a rapid review of the 186 stocks listed on the >new list from DGO. While I don't plan on looking at every >one in the future, did want to go thru the list at least >once to see what picture emerged from this "screened for >CANSLIM" quality list. > >Since the entire list was already pre-qualified for CANSLIM >elements, I just wanted to look at the chart patterns, so >turned off the data block and just scrolled thru the list. >For the purposes of this evaluation, I also turned off all >of my personal biases for industry and price, and just >looked at the graph. No research, no technical analysis, >just 5-15 seconds observing, so I'm making no >recommendations, just pointing out a few that caught my >attention. > >DECENT BASES: >DY, MSS (tho low price), BBBY, FM, BCOM, BMET, GM > >LLUR: >SDLI, UTX > >POSSIBLE BREAKOUTS OR B/O POTENTIAL: >EFII, WAT, LUV, XTRM, HH, EL, BMET > >From my evaluations this weekend, I expect next week will be >my last time to post the DGO Highs list. I will continue to >augment my watch list from stocks hitting new highs but not >in the DG books, but can see no reason to continue looking >at the DGO new highs list when this new list is so much >better, and includes the CS new highs. > >Tom Worley >stkguru@netside.net >chat with me at ICQ # 5568838 >get ICQ software at http://www.icq.com/icqhomepage.html > > > > >- > > - - ------------------------------ Date: Sun, 25 Apr 1999 10:36:15 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] New DGO list Hi Marc, I used to avoid LLUR type charts as they rarely presented any base, or at least one more than a week or so long. But I have found many fit well into the momentum style of CANSLIM, so long as they have top drawer RS and EPS, and "C" is also strong. It also helps if "C" is good on a sequential qtrly basis, and earnings forecast show a continuation of strong growth expected. Volatility is key, if you see the pattern changing, best to take your profits and avoid the future risks. Ride 'em as long as the pattern is consistent, bail when it changes. As far as a buy point is concerned, it can vary from trying to catch a minor pullback to just buying them. In either case, you need to keep a close watch, and a tight stop, as you start off without any base to protect you to the downside. If the momentum continues and the pattern remains intact, eventually you can give them a little more room as you build profits, but still should keep a fairly tight stop as any variation in the pattern of a LLUR (which is marked by very low volatility regardless of the mkt) should result in a sell. This is true of a sharp spike upward even more than any drop in price. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html - -----Original Message----- From: Marc Laniado To: CANSLIM DISCUSSION LIST Date: Sunday, April 25, 1999 10:22 AM Subject: Fw: [CANSLIM] New DGO list Tom, The LLUR list you give - how does that apply to CS? Do you mean that one could buy on a pull back with the order set above the previous day's low or do you just buy it? I am not quite sure how to apply it. Thanks, Marc Marc E Laniado marclaniado@msn.com Tel/Fax: +44 171 731 1354 Mobile +44 777 553 1354 - - ------------------------------ Date: Sun, 25 Apr 1999 19:53:15 +0100 From: "Marc Laniado" Subject: [CANSLIM] WTSLA Hi Tom - thanks for answering my question. I don't know what you think of WTSLA. WTSLA appeared to breakout this week, then fell back on some volume and then fell a little more on lower volume but not reaching its peak. It did form a cup with handle but a 3 year chart shows it has reached this resistance level before, although never passing it as on this occasion. As far as I understand, stocks sometimes fall back into their base after breaking out. Is it safe to buy now that it is close to the peak of it's handle again or should one wait and watch or ??? How do people handle this or do we think that this is just not a good one to buy. I managed to see a copy of IBD as I am in America for a few days and I see its quality of sponsorship was C, but the quality of the biggest holder was at least an A. Help on deciding this would be appreciated. Thanks again! Marc Marc E Laniado marclaniado@msn.com - - ------------------------------ Date: Sun, 25 Apr 1999 16:48:53 -0500 From: "John Adair" Subject: [CANSLIM] Re: [NON-CANSLIM] DOUBLE BOTTOM Does anyone buy double bottoms. Kea didn't drop much on last Monday's dip and has formed a god double bottom and if the volume is good tomorrow I will expect a breakout from 22 3/4. - ----- Original Message ----- From: Tom Worley To: Sent: Sunday, April 25, 1999 9:36 AM Subject: Re: [CANSLIM] New DGO list > Hi Marc, > > I used to avoid LLUR type charts as they rarely presented > any base, or at least one more than a week or so long. But I > have found many fit well into the momentum style of CANSLIM, > so long as they have top drawer RS and EPS, and "C" is also > strong. It also helps if "C" is good on a sequential qtrly > basis, and earnings forecast show a continuation of strong > growth expected. Volatility is key, if you see the pattern > changing, best to take your profits and avoid the future > risks. Ride 'em as long as the pattern is consistent, bail > when it changes. > > As far as a buy point is concerned, it can vary from trying > to catch a minor pullback to just buying them. In either > case, you need to keep a close watch, and a tight stop, as > you start off without any base to protect you to the > downside. If the momentum continues and the pattern remains > intact, eventually you can give them a little more room as > you build profits, but still should keep a fairly tight stop > as any variation in the pattern of a LLUR (which is marked > by very low volatility regardless of the mkt) should result > in a sell. This is true of a sharp spike upward even more > than any drop in price. > > Tom Worley > stkguru@netside.net > chat with me at ICQ # 5568838 > get ICQ software at http://www.icq.com/icqhomepage.html > > > -----Original Message----- > From: Marc Laniado > To: CANSLIM DISCUSSION LIST > Date: Sunday, April 25, 1999 10:22 AM > Subject: Fw: [CANSLIM] New DGO list > > > Tom, > The LLUR list you give - how does that apply to CS? Do you > mean that one > could buy on a pull back with the order set above the > previous day's low or > do you just buy it? I am not quite sure how to apply it. > Thanks, > Marc > > Marc E Laniado > marclaniado@msn.com > Tel/Fax: +44 171 731 1354 > Mobile +44 777 553 1354 > > > > - > > - - ------------------------------ Date: Sun, 25 Apr 1999 18:17:34 -0400 From: Carter Diggs Subject: [CANSLIM] New DGO list I've been licking my wounds for a while, but am going to get back to my education. I was reassessing how to build a watch list when I saw Tom's post about the new DGO list...to me it looks like an ideal first screen, but I don't get DG and am reluctant to put out the $...my current level of trading can't justify it and would like to keep my "tuition" at a reasonble level. I've been using the IBD weekend review but I honestly don't really understand how it's constructed. When they say the stocks are "shown by group relative strength", what do they mean? I would think there would be some reference to which group the stocks are in, if this were the case. More generally, does anyone know of a current source for asking (and getting answers to) such IBD questions? Tom, looking for you on ICQ. I stay invisible (multiuser machine). - - ------------------------------ Date: Sun, 25 Apr 1999 18:39:16 -0400 From: "David Barash" Subject: [CANSLIM] No messages? I just joined the list this Friday and have gotten no messages. Am I not really on the list or are there really no messages over the weekend? Thanks. David - - ------------------------------ Date: Sun, 25 Apr 1999 20:23:19 -0400 From: "David Barash" Subject: RE: [CANSLIM] New DGO list Tom, Forgive me. What's LLUR? Thanks. David - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Tom Worley Sent: Sunday, April 25, 1999 9:21 AM To: CANSLIM Subject: [CANSLIM] New DGO list Just finished a rapid review of the 186 stocks listed on the new list from DGO. While I don't plan on looking at every one in the future, did want to go thru the list at least once to see what picture emerged from this "screened for CANSLIM" quality list. Since the entire list was already pre-qualified for CANSLIM elements, I just wanted to look at the chart patterns, so turned off the data block and just scrolled thru the list. For the purposes of this evaluation, I also turned off all of my personal biases for industry and price, and just looked at the graph. No research, no technical analysis, just 5-15 seconds observing, so I'm making no recommendations, just pointing out a few that caught my attention. DECENT BASES: DY, MSS (tho low price), BBBY, FM, BCOM, BMET, GM LLUR: SDLI, UTX POSSIBLE BREAKOUTS OR B/O POTENTIAL: EFII, WAT, LUV, XTRM, HH, EL, BMET >From my evaluations this weekend, I expect next week will be my last time to post the DGO Highs list. I will continue to augment my watch list from stocks hitting new highs but not in the DG books, but can see no reason to continue looking at the DGO new highs list when this new list is so much better, and includes the CS new highs. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html - - - - ------------------------------ Date: Sun, 25 Apr 1999 21:22:40 -0400 From: "Tom Worley" Subject: LLUR (was Re: [CANSLIM] New DGO list) Hi David, Guess this also answers your prior post on the lack of messages, it has been unusually quiet this weekend. LLUR is shorthand for a Lower Left to Upper Right chart pattern, marked by a smooth ascent with minimal volatility, a tight trading range in other words. The pattern should be established over a number of months minimum, and a year looks even better. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html - -----Original Message----- From: David Barash To: canslim@lists.xmission.com Date: Sunday, April 25, 1999 8:23 PM Subject: RE: [CANSLIM] New DGO list Tom, Forgive me. What's LLUR? Thanks. David - - ------------------------------ Date: Sun, 25 Apr 1999 21:27:35 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] New DGO list Carter, That's why I suggested that IBD readers voice their interest to the paper on having it carried weekly there as well. That way you only need to know what day it's published, or borrow a copy, or go to the library, to get the list. Group Relative Strength (GRS) is a percentile ranking of the 199 groups done the same way as RS is for individual stocks. Weekend Review is simply ranking the stocks by their group strength, thus the strongest groups will be represented first. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html - -----Original Message----- From: Carter Diggs To: canslim-digest@lists.xmission.com Date: Sunday, April 25, 1999 6:20 PM Subject: [CANSLIM] New DGO list I've been licking my wounds for a while, but am going to get back to my education. I was reassessing how to build a watch list when I saw Tom's post about the new DGO list...to me it looks like an ideal first screen, but I don't get DG and am reluctant to put out the $...my current level of trading can't justify it and would like to keep my "tuition" at a reasonble level. I've been using the IBD weekend review but I honestly don't really understand how it's constructed. When they say the stocks are "shown by group relative strength", what do they mean? I would think there would be some reference to which group the stocks are in, if this were the case. More generally, does anyone know of a current source for asking (and getting answers to) such IBD questions? Tom, looking for you on ICQ. I stay invisible (multiuser machine). - - - - ------------------------------ Date: Sun, 25 Apr 1999 21:37:36 -0400 From: "Tom Worley" Subject: KEA (was Re: [CANSLIM] Re: [NON-CANSLIM] DOUBLE BOTTOM) John, First, be clear that KEA is not even close to being a viable CANSLIM stock at this time. Its RS is down to 8 in a group with a GRS of 77. Accum/dist is now a D, and up/down vol ratio is now 0.5. Second, if you are considering the two recent bottoms made in the past 3 weeks as the double bottom, I would disagree, at least for my purposes. The first of these lows was made on an uninteruppted slide from 35 to under 20, a bounce was eventually going to happen, and did, tho not on impressive volume. The second low looks to be simply as a failed rally as it did not undercut the first low, altho the vol did pick up. Since that low, the vol as it has rallied for the past week has been mostly under ADV. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html - -----Original Message----- From: John Adair To: canslim@lists.xmission.com Date: Sunday, April 25, 1999 5:44 PM Subject: [CANSLIM] Re: [NON-CANSLIM] DOUBLE BOTTOM Does anyone buy double bottoms. Kea didn't drop much on last Monday's dip and has formed a god double bottom and if the volume is good tomorrow I will expect a breakout from 22 3/4. - ----- Original Message ----- - - ------------------------------ Date: Sun, 25 Apr 1999 21:52:20 -0400 From: "David Barash" Subject: RE: LLUR (was Re: [CANSLIM] New DGO list) Thank you, Tom: for both responses. Do you post your lists, especially your "decent bases" list, every week? I think your choices were great, particularly HH. David - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Tom Worley Sent: Sunday, April 25, 1999 9:23 PM To: canslim@lists.xmission.com Subject: LLUR (was Re: [CANSLIM] New DGO list) Hi David, Guess this also answers your prior post on the lack of messages, it has been unusually quiet this weekend. LLUR is shorthand for a Lower Left to Upper Right chart pattern, marked by a smooth ascent with minimal volatility, a tight trading range in other words. The pattern should be established over a number of months minimum, and a year looks even better. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html - -----Original Message----- From: David Barash To: canslim@lists.xmission.com Date: Sunday, April 25, 1999 8:23 PM Subject: RE: [CANSLIM] New DGO list Tom, Forgive me. What's LLUR? Thanks. David - - - - ------------------------------ Date: Sun, 25 Apr 1999 21:57:24 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] WTSLA Wet Seal has most CS elements for consideration. The only sig fault I find in this regard is that management is reported only owning 1%, way too low for me. It is also not in the top five of its group. Chart wise it appears to have a failed rally. The breakout looks to have been on good vol, the following day also had good vol but failed to show further price gain, on Friday the drop was on slightly more than ADV. I would tend to expect a return to the base and some future attempt to break out. If you had only bot a partial position, this can present a chance to add more shares; if you missed it before, this could offer a 2nd entry point. However, in either case, I would wait until I saw evidence of a new breakout first. I only use one year charts normally, so can't comment on 3 year patterns. Personally, I think investors memory is too short for remembering beyond a year, if that long. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html - -----Original Message----- From: Marc Laniado To: CANSLIM DISCUSSION LIST Date: Sunday, April 25, 1999 2:48 PM Subject: [CANSLIM] WTSLA Hi Tom - thanks for answering my question. I don't know what you think of WTSLA. WTSLA appeared to breakout this week, then fell back on some volume and then fell a little more on lower volume but not reaching its peak. It did form a cup with handle but a 3 year chart shows it has reached this resistance level before, although never passing it as on this occasion. As far as I understand, stocks sometimes fall back into their base after breaking out. Is it safe to buy now that it is close to the peak of it's handle again or should one wait and watch or ??? How do people handle this or do we think that this is just not a good one to buy. I managed to see a copy of IBD as I am in America for a few days and I see its quality of sponsorship was C, but the quality of the biggest holder was at least an A. Help on deciding this would be appreciated. Thanks again! Marc Marc E Laniado marclaniado@msn.com - - - - ------------------------------ Date: Sun, 25 Apr 1999 21:06:45 -0500 From: "B. K. Taylor" Subject: Re: [CANSLIM] New DGO list > > DECENT BASES: > DY, MSS (tho low price), BBBY, FM, BCOM, BMET, GM > > LLUR: > SDLI, UTX > > POSSIBLE BREAKOUTS OR B/O POTENTIAL: > EFII, WAT, LUV, XTRM, HH, EL, BMET > Tom, Could you explain to me what time frame you use when viewing graphs? DY looks to be a fairly decent LLUR when viewing a five year graph. Just trying to learn, Celie - - ------------------------------ Date: Sun, 25 Apr 1999 22:04:03 -0400 From: "Tom Worley" Subject: Re: LLUR (was Re: [CANSLIM] New DGO list) Hi David, I tried to get permission to share this new list with the group, but it was denied. I have previously been culling the list of stocks in the DG (Daily Graphs) books for those with RS/EPS of 80 or better, and posting that list. My evaluation this weekend was geared towards helping me decide whether I needed to continue looking at the new highs list, since the new list incorporates those that I had been posting. The conclusion, since I also get daily new highs lists, is that I only need to look at the new list, and not all of it as I am only interested in small caps under $20. I haven't decided yet if I will replace my past "DGO New Highs" weekly post with a new "DGO Close to or At New Highs" as I don't want to commit to having to review all the charts on the list. This weekend, it only took me about 30 minutes to review all 186 charts, less time than I normally spend printing, reviewing and posting the New Highs list. So I may be able to continue posting something. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html - -----Original Message----- From: David Barash To: canslim@lists.xmission.com Date: Sunday, April 25, 1999 9:52 PM Subject: RE: LLUR (was Re: [CANSLIM] New DGO list) Thank you, Tom: for both responses. Do you post your lists, especially your "decent bases" list, every week? I think your choices were great, particularly HH. David - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Tom Worley Sent: Sunday, April 25, 1999 9:23 PM To: canslim@lists.xmission.com Subject: LLUR (was Re: [CANSLIM] New DGO list) Hi David, Guess this also answers your prior post on the lack of messages, it has been unusually quiet this weekend. LLUR is shorthand for a Lower Left to Upper Right chart pattern, marked by a smooth ascent with minimal volatility, a tight trading range in other words. The pattern should be established over a number of months minimum, and a year looks even better. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html - -----Original Message----- From: David Barash To: canslim@lists.xmission.com Date: Sunday, April 25, 1999 8:23 PM Subject: RE: [CANSLIM] New DGO list Tom, Forgive me. What's LLUR? Thanks. David - - - - - - ------------------------------ Date: Sun, 25 Apr 1999 22:11:51 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] New DGO list Hi Celie, When viewed on a one year chart (all I normally use), DY has too much volatility to make my limits for a LLUR chart. Price swings and trading range are too great. When I am doing TA on a possible addition to my watch list, I start with a one year chart as well, then drop down to 3 months, then 1 month. Once on my watch or owned list, in timing my entry, hold and sell points I focus only on the 1 month chart for TA, but continue to use the 1 year charts from DGO. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html - -----Original Message----- From: B. K. Taylor To: canslim@lists.xmission.com Date: Sunday, April 25, 1999 9:59 PM Subject: Re: [CANSLIM] New DGO list > > DECENT BASES: > DY, MSS (tho low price), BBBY, FM, BCOM, BMET, GM > > LLUR: > SDLI, UTX > > POSSIBLE BREAKOUTS OR B/O POTENTIAL: > EFII, WAT, LUV, XTRM, HH, EL, BMET > Tom, Could you explain to me what time frame you use when viewing graphs? DY looks to be a fairly decent LLUR when viewing a five year graph. Just trying to learn, Celie - - - - ------------------------------ Date: Sun, 25 Apr 1999 21:41:55 -0500 From: Dave Cameron Subject: [CANSLIM] Length of chart time (was: New DGO list) On the subject of charting, and duration of a chart, Tom wrote: > > When I am doing TA on a possible addition to my watch list, > I start with a one year chart as well, then drop down to 3 > months, then 1 month. Once on my watch or owned list, in > timing my entry, hold and sell points I focus only on the 1 > month chart for TA, but continue to use the 1 year charts > from DGO. I have the utmost respect for Tom. This, in fact, is a good way to look at charts. Yet, there are many different approaches. I'd like to share mine. I have found that starting with a 2-year weekly chart gives me the best starting point. Some stocks have a pattern which exceeds 12 mos. Then, after narrowing down a bit, I move to a 6-mo daily chart. If you subscribe to DGO, you get through 1-yr charts. I've found the greatest advantage is all the additional information they give on earnings, RS, EPS, group strength, shares outstanding, % owned by funds etc. But.... I find their charts to be difficult to grasp intuitively (at least the daily ones). From a different perspective, Dave Cameron dfcameron@ameritech.net > - - ------------------------------ Date: Sun, 25 Apr 1999 22:54:07 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] Length of chart time (was: New DGO list) I must agree, Dave. As an active broker with access to most of the Wm O'Neil products, I preferred the five year, weekly log charts. I found these far more useful and easy to read. However, I don't know if I would still find that to be the case today in a far more volatile mkt. I admit to sacrificing some information in limiting my horizon to one year, in return for all the CS data from DGO. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html - -----Original Message----- From: Dave Cameron To: canslim@lists.xmission.com Date: Sunday, April 25, 1999 10:45 PM Subject: [CANSLIM] Length of chart time (was: New DGO list) On the subject of charting, and duration of a chart, Tom wrote: > > When I am doing TA on a possible addition to my watch list, > I start with a one year chart as well, then drop down to 3 > months, then 1 month. Once on my watch or owned list, in > timing my entry, hold and sell points I focus only on the 1 > month chart for TA, but continue to use the 1 year charts > from DGO. I have the utmost respect for Tom. This, in fact, is a good way to look at charts. Yet, there are many different approaches. I'd like to share mine. I have found that starting with a 2-year weekly chart gives me the best starting point. Some stocks have a pattern which exceeds 12 mos. Then, after narrowing down a bit, I move to a 6-mo daily chart. If you subscribe to DGO, you get through 1-yr charts. I've found the greatest advantage is all the additional information they give on earnings, RS, EPS, group strength, shares outstanding, % owned by funds etc. But.... I find their charts to be difficult to grasp intuitively (at least the daily ones). >From a different perspective, Dave Cameron dfcameron@ameritech.net > - - - - ------------------------------ Date: Sun, 25 Apr 1999 22:07:06 -0400 From: "Ronald J. Russell, Jr." Subject: [CANSLIM] Weekly Stock List - April 23, 1999 - Condensed Version Hi All, We added a few to 179 this past week. So much for my prediction last week based on Monday's action... As a reminder, the selection criteria are: EPS > 69 RS > 84 GRS > 59 A/D = "A" or "B" CLOSE > 10.00 30 Day ADV > 75,000 Trade well, Ron Symbol EPS RS GRS ERG A/D Close 30 ADV ABDR 97 94 82 273 A $ 78.000 169,210 ADBE 92 91 77 260 A $ 63.500 934,677 ADCT 96 91 94 281 A $ 46.630 1,954,780 ADRX 77 95 84 256 B $ 73.750 149,397 ADVS 97 88 92 277 A $ 59.000 83,670 AGN 80 93 69 242 B $ 88.130 410,010 AGPH 72 92 85 249 A $ 58.500 513,213 AHAA 72 97 93 262 A $ 28.750 266,620 ALD 84 88 61 233 B $ 55.810 2,093,737 ALNT 76 90 81 247 A $ 46.000 206,497 ALTR 90 94 93 277 A $ 78.500 2,317,407 AMGN 93 93 85 271 A $ 65.130 5,456,544 ANF 99 96 91 286 A $ 95.880 522,717 AOL 77 99 99 275 A $ 147.000 27,011,316 ARMHY 80 97 93 270 A $ 35.000 77,857 ASND 97 95 93 285 A $ 97.130 4,057,340 ASTE 80 96 65 241 A $ 41.310 133,880 AT 80 89 81 250 A $ 70.880 751,963 ATI 90 91 94 275 A $ 96.250 2,585,180 ATW 82 86 63 231 B $ 36.000 131,883 AXP 89 88 89 266 A $ 135.380 1,786,250 BBBY 97 89 71 257 A $ 37.810 1,584,753 BBY 74 96 95 265 B $ 51.000 1,726,990 BGF 95 86 92 273 A $ 33.500 334,480 BID 76 91 71 238 A $ 37.940 279,487 BJ 87 88 86 261 B $ 27.060 315,207 BOBJ 96 86 77 259 A $ 24.250 596,390 BRCM 80 95 93 268 A $ 68.750 1,542,383 BSX 92 92 69 253 A $ 43.250 2,265,443 BVSN 77 98 98 273 B $ 64.380 1,024,590 BXM 98 93 85 276 A $ 74.000 190,237 CCL 95 85 83 263 A $ 47.190 1,274,713 CCRD 77 86 77 240 A $ 46.380 424,983 CDWC 98 89 65 252 A $ 88.250 189,787 CEFT 98 85 89 272 A $ 35.130 783,790 CHCS 86 93 91 270 A $ 24.750 98,047 CLE 88 94 90 272 A $ 32.000 547,367 CLFY 97 92 77 266 B $ 24.130 453,570 CMGI 77 99 98 274 A $ 258.880 4,327,300 COF 87 92 89 268 A $ 164.250 492,100 COST 85 90 86 261 B $ 87.130 1,953,327 CPRT 94 96 82 272 B $ 21.810 162,220 CPWM 88 93 70 251 B $ 33.250 277,110 CREE 99 95 93 287 A $ 44.810 226,400 CSCO 97 94 93 284 A $ 117.380 12,453,595 CSN 83 93 81 257 A $ 22.250 490,760 CTL 92 86 95 273 A $ 44.630 830,847 CTV 77 86 89 252 B $ 21.060 400,480 DELL 99 91 72 262 A $ 43.000 33,093,060 DG 92 86 86 264 A $ 33.560 657,813 DH 88 90 86 264 B $ 69.880 1,552,963 DHR 90 92 60 242 A $ 64.130 376,280 DMMC 95 88 87 270 A $ 22.560 160,683 DSP 93 95 93 281 A $ 27.000 585,390 EFII 96 96 77 269 A $ 46.630 951,373 EMC 96 95 69 260 A $ 111.000 5,255,341 ESRX 97 93 60 250 A $ 75.310 353,283 EUSA 89 92 88 269 A $ 34.630 163,943 EXPD 91 92 77 260 B $ 63.250 146,673 FDC 79 91 89 259 B $ 44.560 1,730,847 FLEX 97 95 88 280 A $ 47.130 923,403 FM 97 87 76 260 A $ 25.190 195,383 FNDTF 82 97 92 271 A $ 36.750 265,760 FON 74 92 95 261 B $ 108.060 1,264,520 FORE 70 86 93 249 B $ 24.500 6,688,466 FRO 71 94 95 260 B $ 54.250 2,456,963 GCO 90 90 90 270 B $ 11.250 168,370 GDT 86 91 69 246 A $ 59.750 1,405,557 GEOC 84 98 77 259 A $ 57.810 680,370 GIC 80 88 94 262 B $ 36.500 1,083,547 GICOF 98 96 95 289 A $ 16.500 124,073 GILTF 97 85 94 276 A $ 56.750 198,153 GNSS 84 94 93 271 A $ 22.250 499,057 GPS 96 94 91 281 A $ 69.440 1,678,827 GUC 93 92 91 276 A $ 77.130 755,923 HAS 84 89 79 252 B $ 32.880 956,417 HDI 94 91 75 260 A $ 60.750 488,670 HET 72 87 84 243 A $ 23.000 821,897 HQ 82 86 97 265 A $ 34.560 257,817 IBI 86 95 91 272 A $ 48.810 389,770 IBM 92 89 72 253 B $ 199.750 5,574,176 INSS 99 86 66 251 A $ 37.130 409,820 ITGI 98 93 82 273 A $ 60.560 103,657 JAKK 99 96 79 274 A $ 23.250 194,847 JBL 82 95 88 265 A $ 41.560 873,957 JEF 80 89 97 266 B $ 59.380 142,970 KSWS 77 99 90 266 A $ 42.130 362,573 KWP 81 87 64 232 A $ 36.000 919,227 LEVL 90 94 93 277 A $ 51.130 1,012,733 LIN 95 87 70 252 B $ 42.190 246,687 LLTC 79 94 93 266 A $ 62.750 1,476,710 LM 86 86 97 269 A $ 37.440 180,693 LU 97 89 94 280 A $ 61.060 15,349,735 LUV 92 93 66 251 A $ 35.130 1,580,927 LXK 96 93 85 274 A $ 118.940 688,687 MAR 90 87 75 252 B $ 40.940 550,110 MARG 95 97 82 274 A $ 19.630 159,873 MCD 76 86 76 238 A $ 44.130 3,353,896 MCHP 90 86 69 245 A $ 37.940 630,497 MCRL 94 93 93 280 A $ 61.380 205,900 MEDI 77 92 85 254 B $ 55.500 1,204,507 MEDQ 99 86 82 267 B $ 35.750 475,800 MNMD 98 96 69 263 A $ 65.380 219,450 MSFT 99 90 96 285 A $ 86.000 31,587,450 MSPG 77 97 99 273 B $ 108.250 1,504,517 MTRS 98 86 89 273 A $ 64.380 416,747 MTW 96 89 61 246 A $ 35.190 86,148 MXIM 89 94 93 276 A $ 64.310 1,507,857 NAV 94 94 76 264 A $ 47.810 689,410 NDB 80 99 97 276 B $ 55.500 1,966,057 NEON 80 95 77 252 A $ 42.500 1,385,327 NOK 97 94 94 285 A $ 79.190 3,100,107 NOVL 77 95 93 265 B $ 24.130 5,872,776 NPCI 76 88 76 240 B $ 15.750 144,483 NSOL 84 98 98 280 A $ 80.000 4,175,740 NT 88 90 94 272 B $ 72.130 1,884,820 NTAP 98 96 69 263 A $ 55.500 1,173,890 OCLI 89 98 73 260 B $ 50.630 133,317 OMC 92 90 82 264 A $ 76.500 757,763 ORBK 91 86 78 255 A $ 46.380 95,043 OSSI 90 93 76 259 A $ 38.380 639,903 OSTE 72 92 69 233 A $ 30.750 188,642 PCLE 71 91 68 230 A $ 55.000 234,580 PEGS 80 93 82 255 A $ 39.130 133,217 PHCC 99 96 60 255 B $ 49.060 115,523 PKN 77 92 73 242 B $ 113.500 229,343 PKX 90 94 70 254 B $ 25.940 643,773 PLCE 99 99 91 289 A $ 39.000 346,287 PLCM 84 90 94 268 A $ 25.500 1,066,913 PLXS 98 85 93 276 B $ 33.500 81,723 POS 93 93 82 268 A $ 91.000 139,563 POWI 80 97 88 265 B $ 39.500 277,183 PROG 92 90 87 269 B $ 12.940 111,963 PSUN 93 91 91 275 A $ 37.000 412,993 PVN 98 97 89 284 A $ 130.560 892,733 QCOM 96 99 94 289 B $ 190.880 4,081,580 QLGC 98 95 93 286 A $ 65.000 430,070 RFMD 82 99 89 270 A $ 59.750 730,923 SAH 91 89 71 251 A $ 16.130 86,077 SANM 91 88 88 267 A $ 65.500 1,002,530 SBUX 96 89 76 261 B $ 32.000 1,657,713 SCH 97 99 97 293 A $ 120.690 4,193,450 SDLI 93 99 93 285 A $ 97.250 304,687 SEBL 99 88 77 264 A $ 38.310 1,690,840 SLR 96 94 89 279 A $ 49.880 1,449,210 SNTC 70 93 74 237 B $ 78.940 161,717 SONC 91 88 76 255 A $ 29.000 121,973 SORC 72 91 82 245 A $ 11.190 102,153 SRT 95 89 82 266 A $ 16.060 85,037 SUNW 94 97 72 263 A $ 63.310 16,631,503 SWS 92 95 97 284 A $ 41.560 347,383 TAGS 97 95 63 255 A $ 41.880 120,380 TAN 82 91 65 238 A $ 73.380 825,617 TCAT 85 93 96 274 A $ 49.940 329,047 TIF 90 94 90 274 A $ 79.000 222,453 TJX 92 88 91 271 B $ 34.250 1,037,550 TLAB 99 93 94 286 A $ 115.380 2,738,800 TMPW 88 97 82 267 A $ 71.500 672,813 TQNT 91 91 93 275 B $ 30.750 197,463 TRB 84 88 62 234 B $ 84.440 427,157 TRK 87 94 83 264 B $ 41.440 121,390 TSFW 89 90 77 256 B $ 21.130 498,057 TVGIA 96 97 91 284 A $ 42.750 246,180 TXCC 77 96 93 266 A $ 38.750 285,577 TYC 97 87 61 245 A $ 82.880 5,587,952 UNPH 96 96 94 286 A $ 120.880 898,523 UVN 82 94 91 267 B $ 59.190 341,163 VISX 99 99 97 295 A $ 117.690 1,104,810 VOD 97 86 94 277 A $ 184.130 580,210 VRTS 99 90 77 266 A $ 76.130 853,240 VTSS 97 90 93 280 A $ 50.500 1,719,273 WAT 98 93 71 262 A $ 108.750 117,783 WCOM 82 93 95 270 B $ 91.190 12,456,561 WMT 87 92 86 265 B $ 50.940 8,729,943 WTSLA 92 90 91 273 A $ 41.250 145,420 XLNX 89 96 93 278 A $ 48.380 3,555,170 XYLN 75 95 93 263 A $ 36.880 685,727 YHOO 77 99 99 275 A $ 187.690 8,130,940 ZQK 96 95 63 254 A $ 40.250 124,697 - - ------------------------------ Date: Mon, 26 Apr 1999 23:26:51 -0700 (PDT) From: Luke Lang Subject: [CANSLIM] NASDAQ rising to new high on falling volume I just noticed this happening over the last week. I also noticed the lack of posting today. Is the server down or is this list quiet near market tops? Is anyone concerned about the subject matter? Do you have any suggestions as to what to look for in the near future? Thanks. Best regards, Luke Lang _________________________________________________________ DO YOU YAHOO!? Get your free @yahoo.com address at http://mail.yahoo.com - - ------------------------------ End of canslim-digest V2 #589 ***************************** 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.