From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #596 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, May 7 1999 Volume 02 : Number 596 In this issue: [CANSLIM] Breakout? Re: [CANSLIM] Breakout? [CANSLIM] The group is very quiet Fw: [CANSLIM] The group is very quiet Re: Fw: [CANSLIM] The group is very quiet Re: Fw: [CANSLIM] The group is very quiet Re: [CANSLIM] The group is very quiet Re: [CANSLIM] The group is very quiet Re: [CANSLIM] The group is very quiet Re: [CANSLIM] The group is very quiet ---------------------------------------------------------------------- Date: Wed, 05 May 1999 23:58:01 -0500 From: Mike Roebuck Subject: [CANSLIM] Breakout? Hi all, I've been lurking for some time now. I've also been watching MSS and MINI for some time. They appear to be breaking out on surging volume. Any thoughts? Mike Roebuck - - ------------------------------ Date: Thu, 6 May 1999 06:20:17 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] Breakout? Hi Mike, I've had MSS on my watch list for over a month now, but missed the breakout from a nice tight base on Tuesday. Now extended better than 25%, too late for a buy right 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: Mike Roebuck To: Canslim Date: Thursday, May 06, 1999 1:08 AM Subject: [CANSLIM] Breakout? Hi all, I've been lurking for some time now. I've also been watching MSS and MINI for some time. They appear to be breaking out on surging volume. Any thoughts? Mike Roebuck - - - - ------------------------------ Date: Thu, 6 May 1999 14:53:40 -0700 (PDT) From: rolatzi Subject: [CANSLIM] The group is very quiet Hi, I realize that we are not presently in a favorable environment for CANSLIM but just thought I would confirm my own experience, namely, I have no CANSLIM stocks that I am presently in and my watch list while large doesn't have too many CANSLIM stocks which are completing cups and handles. I missed CNTO and BBBY seems to be making a secondary base after previous breakout. I am mostly trying to protect my profits in Energy Service stocks and waiting patiently after a good run. What is everyone else doing? Ciao, rolatzi _________________________________________________________ Do You Yahoo!? Get your free @yahoo.com address at http://mail.yahoo.com - - ------------------------------ Date: Fri, 7 May 1999 00:15:03 +0100 From: "Marc Laniado" Subject: Fw: [CANSLIM] The group is very quiet Hi, Things don't seem quite so good do they! I currently hold POWI which I bought when it broke out about 2 weeks ago (I think this is a reasonable canslim stock), but got sold off today. I bought PLCE at 36, but got stopped out yesterday (automatic stop market sell) and then look what happened today!! I still hold NAV and I also got stopped out yesterday on SFP. I have read Dr Elders book on trading. It may be appropriate to consider buying some stocks in general uptrends when they start moving up. I think PVN and SDLI might (!) be buys if they move above today's highs tomorrow. They are at or approaching their 50 day moving averages. Maybe searching what the mutual funds are buying would help. PVN has been bought by a number as seen from IBD as has DNB and Ecolab. Take a look at CHB, CHRW too. Any other ideas gratefully received! All the best, Marc Marc E Laniado marclaniado@msn.com - -----Original Message----- From: rolatzi To: canslim@mail.xmission.com Date: 06 May 1999 22:53 Subject: [CANSLIM] The group is very quiet >Hi, > >I realize that we are not presently in a favorable >environment for CANSLIM but just thought I would >confirm my own experience, namely, I have no CANSLIM >stocks that I am presently in and my watch list while >large doesn't have too many CANSLIM stocks which are >completing cups and handles. I missed CNTO and BBBY >seems to be making a secondary base after previous >breakout. > >I am mostly trying to protect my profits in Energy Service >stocks and waiting patiently after a good run. > >What is everyone else doing? > >Ciao, >rolatzi > >_________________________________________________________ >Do You Yahoo!? >Get your free @yahoo.com address at http://mail.yahoo.com > > >- > > - - ------------------------------ Date: Thu, 06 May 1999 16:27:42 -0700 From: Tim Fisher Subject: Re: Fw: [CANSLIM] The group is very quiet I am holding onto my one CANSLIM stock (HH) and also holding onto my non-CANSLIM Mattress Stuffers. I've been nibbling at Net leaders as they approach their 50 DMA (AOL MSPG ATHM etc.), so far with mixed results. I don't even have a CANSLIM watch list right now. Zacks discontinued their free Research Marvel database updates & I have done so poorly with CANSLIM breakouts this year I don't think I will go back to buying them with the possible exception of large cap breakouts until I see some major changes in the performance of the RUT and M as a whole. On 04:15 PM 5/6/99 , Marc Laniado Said: >Hi, >Things don't seem quite so good do they! >I currently hold POWI which I bought when it broke out about 2 weeks ago (I >think this is a reasonable canslim stock), but got sold off today. I bought >PLCE at 36, but got stopped out yesterday (automatic stop market sell) and >then look what happened today!! I still hold NAV and I also got stopped out >yesterday on SFP. >I have read Dr Elders book on trading. It may be appropriate to consider >buying some stocks in general uptrends when they start moving up. I think >PVN and SDLI might (!) be buys if they move above today's highs tomorrow. >They are at or approaching their 50 day moving averages. >Maybe searching what the mutual funds are buying would help. PVN has been >bought by a number as seen from IBD as has DNB and Ecolab. Take a look at >CHB, CHRW too. > >Any other ideas gratefully received! > >All the best, >Marc > >Marc E Laniado >marclaniado@msn.com > >-----Original Message----- >From: rolatzi >To: canslim@mail.xmission.com >Date: 06 May 1999 22:53 >Subject: [CANSLIM] The group is very quiet > > >>Hi, >> >>I realize that we are not presently in a favorable >>environment for CANSLIM but just thought I would >>confirm my own experience, namely, I have no CANSLIM >>stocks that I am presently in and my watch list while >>large doesn't have too many CANSLIM stocks which are >>completing cups and handles. I missed CNTO and BBBY >>seems to be making a secondary base after previous >>breakout. >> >>I am mostly trying to protect my profits in Energy Service >>stocks and waiting patiently after a good run. >> >>What is everyone else doing? >> >>Ciao, >>rolatzi >> >>_________________________________________________________ >>Do You Yahoo!? >>Get your free @yahoo.com address at http://mail.yahoo.com >> >> >>- >> >> > > > > >- > Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - - ------------------------------ Date: Thu, 06 May 1999 20:17:07 -0700 From: David Reid Subject: Re: Fw: [CANSLIM] The group is very quiet I am buying AOL and YHOO on this dip. Marc Laniado wrote: > Hi, > Things don't seem quite so good do they! > I currently hold POWI which I bought when it broke out about 2 weeks ago (I > think this is a reasonable canslim stock), but got sold off today. I bought > PLCE at 36, but got stopped out yesterday (automatic stop market sell) and > then look what happened today!! I still hold NAV and I also got stopped out > yesterday on SFP. > I have read Dr Elders book on trading. It may be appropriate to consider > buying some stocks in general uptrends when they start moving up. I think > PVN and SDLI might (!) be buys if they move above today's highs tomorrow. > They are at or approaching their 50 day moving averages. > Maybe searching what the mutual funds are buying would help. PVN has been > bought by a number as seen from IBD as has DNB and Ecolab. Take a look at > CHB, CHRW too. > > Any other ideas gratefully received! > > All the best, > Marc > > Marc E Laniado > marclaniado@msn.com > > -----Original Message----- > From: rolatzi > To: canslim@mail.xmission.com > Date: 06 May 1999 22:53 > Subject: [CANSLIM] The group is very quiet > > >Hi, > > > >I realize that we are not presently in a favorable > >environment for CANSLIM but just thought I would > >confirm my own experience, namely, I have no CANSLIM > >stocks that I am presently in and my watch list while > >large doesn't have too many CANSLIM stocks which are > >completing cups and handles. I missed CNTO and BBBY > >seems to be making a secondary base after previous > >breakout. > > > >I am mostly trying to protect my profits in Energy Service > >stocks and waiting patiently after a good run. > > > >What is everyone else doing? > > > >Ciao, > >rolatzi > > > >_________________________________________________________ > >Do You Yahoo!? > >Get your free @yahoo.com address at http://mail.yahoo.com > > > > > >- > > > > > > - - - ------------------------------ Date: Thu, 6 May 1999 21:50:00 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] The group is very quiet Still fully invested, tho shifted my focus to more value than momentum. Still all in small caps, still looking for good bases (like MSS had till it broke out) with top drawer CS elements. Primary emphasis on strong growth in both earnings and sales, both sequentially and year to year. Still haven't touched a big cap or internut stock. Mostly haven't had the time or energy to concentrate, so trying to just buy and hold long term for now. Not doing much trading. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html - -----Original Message----- From: rolatzi To: canslim@mail.xmission.com Date: Thursday, May 06, 1999 5:53 PM Subject: [CANSLIM] The group is very quiet Hi, I realize that we are not presently in a favorable environment for CANSLIM but just thought I would confirm my own experience, namely, I have no CANSLIM stocks that I am presently in and my watch list while large doesn't have too many CANSLIM stocks which are completing cups and handles. I missed CNTO and BBBY seems to be making a secondary base after previous breakout. I am mostly trying to protect my profits in Energy Service stocks and waiting patiently after a good run. What is everyone else doing? Ciao, rolatzi _________________________________________________________ Do You Yahoo!? Get your free @yahoo.com address at http://mail.yahoo.com - - - - ------------------------------ Date: Thu, 6 May 1999 22:39:43 -0400 (EDT) From: canslim@email.com Subject: Re: [CANSLIM] The group is very quiet Please exaplain what you mean by fully invested? If you have set your stop loss based on Oneil, you probably would have been out unless your are "lucky" or "very very smart" ---- On May 6 "Tom Worley" wrote: > Still fully invested, tho shifted my focus to more value > than momentum. Still all in small caps, still looking for > good bases (like MSS had till it broke out) with top drawer > CS elements. Primary emphasis on strong growth in both > earnings and sales, both sequentially and year to year. > Still haven't touched a big cap or internut stock. > > Mostly haven't had the time or energy to concentrate, so > trying to just buy and hold long term for now. Not doing > much trading. > > Tom Worley > stkguru@netside.net > chat with me at ICQ # 5568838 > get ICQ software at http://www.icq.com/icqhomepage.html > > > -----Original Message----- > From: rolatzi > To: canslim@mail.xmission.com > Date: Thursday, May 06, 1999 5:53 PM > Subject: [CANSLIM] The group is very quiet > > > Hi, > > I realize that we are not presently in a favorable > environment for CANSLIM but just thought I would > confirm my own experience, namely, I have no CANSLIM > stocks that I am presently in and my watch list while > large doesn't have too many CANSLIM stocks which are > completing cups and handles. I missed CNTO and BBBY > seems to be making a secondary base after previous > breakout. > > I am mostly trying to protect my profits in Energy Service > stocks and waiting patiently after a good run. > > What is everyone else doing? > > Ciao, > rolatzi > > _________________________________________________________ > Do You Yahoo!? > Get your free @yahoo.com address at http://mail.yahoo.com > > > - > > > > - > - ----------------------------------------------- FREE! The World's Best Email Address @email.com Reserve your name now at http://www.email.com - - ------------------------------ Date: Thu, 06 May 1999 22:29:13 -0500 From: Dave Cameron Subject: Re: [CANSLIM] The group is very quiet Actually, I agree with Tom. I haven't found anything to buy. All the strong stocks tend not to be CANSLIM. But, OTOH, I haven't really been stopped out of much of anything. I got back into CANSLIM stocks gradually. Most seem to be in a basing pattern. Although I did recently buy INOC... - - ------------------------------ Date: Fri, 7 May 1999 06:40:29 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] The group is very quiet By "fully invested" I mean I have about $44 cash left on the account. I rarely use hard stops, relying more on mental stops. Since I am only investing in small caps, typically on Nasdaq, I usually can't use hard stops anyway. Because of the lighter volume, and often larger spreads, I select stops based on the chart patterns far more than a simple 8% down from entry. While my watch list is entirely CANSLIM based, ones I own currently, tho CANSLIM at one time, do not meet some of the prerequisites presently (mostly on RS). But they do represent value for long term holds, which is currently my focus till conditions change. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html - -----Original Message----- From: canslim@email.com To: canslim@lists.xmission.com Date: Thursday, May 06, 1999 11:13 PM Subject: Re: [CANSLIM] The group is very quiet Please exaplain what you mean by fully invested? If you have set your stop loss based on Oneil, you probably would have been out unless your are "lucky" or "very very smart" - ---- On May 6 "Tom Worley" wrote: > Still fully invested, tho shifted my focus to more value > than momentum. Still all in small caps, still looking for > good bases (like MSS had till it broke out) with top drawer > CS elements. Primary emphasis on strong growth in both > earnings and sales, both sequentially and year to year. > Still haven't touched a big cap or internut stock. > - - ------------------------------ End of canslim-digest V2 #596 ***************************** 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.