From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #661 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, July 27 1999 Volume 02 : Number 661 In this issue: RE: [CANSLIM] Questions Re: [CANSLIM] Dr. Connie and Dr. Alex and Mr. "M" [CANSLIM] Cramps. [Connie Mack] [CANSLIM] acc/dis numbers [CANSLIM] acc/dis numbers [CANSLIM] CANSLIM fan [CANSLIM] DELL Dabblers. [Connie Mack] [CANSLIM] Island RT streaming quotes Re: [CANSLIM] Dr. Connie and Mr. Dollar ---------------------------------------------------------------------- Date: Mon, 26 Jul 1999 18:06:40 -0700 From: "mikelu" Subject: RE: [CANSLIM] Questions WON says when you see the distribution days to lighten up to the tune of 25%, and 25% more for each new bad day. My problem is I can't tell which stocks are the weak ones until they start failing, and stops take me out of those anyway. Mike - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of SKutney@aol.com Sent: Sunday, July 25, 1999 6:17 PM To: canslim@xmission.com Subject: [CANSLIM] Questions ... Some of you have talked about getting stopped out. In CANSLIM investing once your above your 7% stop-loss point don't your normally use the selling rules as a decision to sell. The distribution days should tell you to lighten up on your least strongest stocks but shouldn't you maintain your position in your strongest stocks. The Stocks that I've seen listed still have high relative strength. Why would you sell? We are in a bull market. ... Steve - - - - ------------------------------ Date: Mon, 26 Jul 1999 21:24:06 -0400 From: Connie Mack Rea Subject: Re: [CANSLIM] Dr. Connie and Dr. Alex and Mr. "M" Thanks for the mail, Walter. Tomorrow I may want to borrow a few bucks if I don't get some bounce. Please don't leave town. Connie - - ------------------------------ Date: Mon, 26 Jul 1999 21:40:31 -0400 From: Connie Mack Rea Subject: [CANSLIM] Cramps. [Connie Mack] "I can't think of a worse place to have cramps" said one feminist. I can. And it's the stock market. I made four buys today and three sells. And therein lies the cramp. I am sitting with a pretty sizeable piece of DELL at 40.25. The result of my day: About a $100 give or take a 64th, which is how thin you can slice DELL. My proposed bounce was characterized by an equally familiar and unpopular sound: Of sucking. "Irregardless," as some of my students couldn't be dissuaded from saying, I'm sticking with DELL--and a little bit of MU. Either DELL has been lying to me [it has held up really well through the demise of the NASDAQ] and has not bottomed, or I'll kiss the mocking bird's butt. I don't advise anyone trying to follow. Just watch. Tomorrow will be a day full of IFR navigation. You don't want to fly where the Saratoga went. I intend to bet about half of my trading capital on DELL. If I'm right, the mocking bird can kiss my butt. There is about to occur, for me, an unusual conjunction of events. The NASDAQ has been beaten like a miner's mule. Unless the mule dies, which it never does, there is much pressure for a recovery, however short. But a short recovery is all a trader needs. One or two good days, and the rent is paid for the rest of the year. Otherwise, I may have to borrow from the relatives. All my indicators are oversold. I would like for the 3/7/10 to look better. However, the MACD is about to give a buy below the trigger line. It's at this level of turn that gives the biggest returns. Don't disregard DELL as an opportunity at a pretty safe risk/reward point. Too, there is news that DELL is about to overtake CPQ in PC sales. Connie Mack - - ------------------------------ Date: Mon, 26 Jul 1999 22:09:48 EDT From: FBNAirPlt@aol.com Subject: [CANSLIM] acc/dis numbers Here are the latest Acc/Dis Numbers Date A B C D E AB/A:E %E 7/1/1999 1433 2854 1248 848 298 64% 4% 7/2/1999 1558 2861 1192 820 263 66% 4% 7/6/1999 1528 2907 1202 804 252 66% 4% 7/7/1999 1560 2946 1176 780 256 67% 4% 7/8/1999 1589 2946 1125 797 257 68% 4% 7/9/1999 1542 2955 1188 788 263 67% 4% 7/12/1999 1539 2894 1229 788 268 66% 4% 7/13/1999 1598 2906 1183 788 257 67% 4% 7/14/1999 1605 2928 1152 796 266 67% 4% 7/15/1999 1556 2968 1176 784 282 67% 4% 7/16/1999 1601 2938 1195 762 275 67% 4% 7/19/1999 1665 2950 1179 699 274 68% 4% 7/20/1999 1683 2942 1165 719 276 68% 4% 7/21/1999 1688 2921 1169 738 275 68% 4% 7/22/1999 1523 2915 1253 788 289 66% 4% 7/23/1999 1491 2964 1206 805 291 66% 4% 7/26/1999 1427 2947 1236 844 303 65% 4% Spreedsheet version Date,A,B,C,D,E,AB/A:E,%E 7/1/1999,1433,2854,1248,848,298,64%,4% 7/2/1999,1558,2861,1192,820,263,66%,4% 7/6/1999,1528,2907,1202,804,252,66%,4% 7/7/1999,1560,2946,1176,780,256,67%,4% 7/8/1999,1589,2946,1125,797,257,68%,4% 7/9/1999,1542,2955,1188,788,263,67%,4% 7/12/1999,1539,2894,1229,788,268,66%,4% 7/13/1999,1598,2906,1183,788,257,67%,4% 7/14/1999,1605,2928,1152,796,266,67%,4% 7/15/1999,1556,2968,1176,784,282,67%,4% 7/16/1999,1601,2938,1195,762,275,67%,4% 7/19/1999,1665,2950,1179,699,274,68%,4% 7/20/1999,1683,2942,1165,719,276,68%,4% 7/21/1999,1688,2921,1169,738,275,68%,4% 7/22/1999,1523,2915,1253,788,289,66%,4% 7/23/1999,1491,2964,1206,805,291,66%,4% 7/26/1999,1427,2947,1236,844,303,65%,4% Robert - - ------------------------------ Date: Mon, 26 Jul 1999 22:08:14 EDT From: FBNAirPlt@aol.com Subject: [CANSLIM] acc/dis numbers Here are the latest Acc/Dis Numbers Date A B C D E AB/A:E %E 7/1/1999 1433 2854 1248 848 298 64% 4% 7/2/1999 1558 2861 1192 820 263 66% 4% 7/6/1999 1528 2907 1202 804 252 66% 4% 7/7/1999 1560 2946 1176 780 256 67% 4% 7/8/1999 1589 2946 1125 797 257 68% 4% 7/9/1999 1542 2955 1188 788 263 67% 4% 7/12/1999 1539 2894 1229 788 268 66% 4% 7/13/1999 1598 2906 1183 788 257 67% 4% 7/14/1999 1605 2928 1152 796 266 67% 4% 7/15/1999 1556 2968 1176 784 282 67% 4% 7/16/1999 1601 2938 1195 762 275 67% 4% 7/19/1999 1665 2950 1179 699 274 68% 4% 7/20/1999 1683 2942 1165 719 276 68% 4% 7/21/1999 1688 2921 1169 738 275 68% 4% 7/22/1999 1523 2915 1253 788 289 66% 4% 7/23/1999 1491 2964 1206 805 291 66% 4% 7/26/1999 1427 2947 1236 844 303 65% 4% Spreedsheet version Date,A,B,C,D,E,AB/A:E,%E 7/1/1999,1433,2854,1248,848,298,64%,4% 7/2/1999,1558,2861,1192,820,263,66%,4% 7/6/1999,1528,2907,1202,804,252,66%,4% 7/7/1999,1560,2946,1176,780,256,67%,4% 7/8/1999,1589,2946,1125,797,257,68%,4% 7/9/1999,1542,2955,1188,788,263,67%,4% 7/12/1999,1539,2894,1229,788,268,66%,4% 7/13/1999,1598,2906,1183,788,257,67%,4% 7/14/1999,1605,2928,1152,796,266,67%,4% 7/15/1999,1556,2968,1176,784,282,67%,4% 7/16/1999,1601,2938,1195,762,275,67%,4% 7/19/1999,1665,2950,1179,699,274,68%,4% 7/20/1999,1683,2942,1165,719,276,68%,4% 7/21/1999,1688,2921,1169,738,275,68%,4% 7/22/1999,1523,2915,1253,788,289,66%,4% 7/23/1999,1491,2964,1206,805,291,66%,4% 7/26/1999,1427,2947,1236,844,303,65%,4% Robert - - ------------------------------ Date: Tue, 27 Jul 1999 06:14:30 GMT From: "avasg asdha" Subject: [CANSLIM] CANSLIM fan Hey guys, my first time posting to this site. I too, am a ONLY CANSLIM guy. In fact, I closed all my longs after the 3rd distribution day, and last Tuesday , bought put options. Any comments ? Mohan Singh _______________________________________________________________ Get Free Email and Do More On The Web. Visit http://www.msn.com - - ------------------------------ Date: Tue, 27 Jul 1999 14:03:16 -0400 From: Connie Mack Rea Subject: [CANSLIM] DELL Dabblers. [Connie Mack] A couple of members are dabbling in DELL this morning with between a 100-200 shares. They're trying to get the feel for the 3/7/10 EMA, the Doubling Principle, and the MACD as trading indicators and eventually as just indicators for entrance on longer investments. Both are up nicely and wondering if they should not get out with their profits. I have told them that I was pretty heavy into DELL after further purchases this morning. I've let all my positions go at 42 about an hour ago. Since then I've no chance to get back in at 1/4 to 1/2 lower. Just now there appears to be several sales at 13/16. I'll consider re-entering at 40.75; would prefer entry at 1/2, however. If I re-enter, I'd like to see a run at 43 or so and again get out. Heavy resistance thereabouts. Neither member has real time streaming quotes, which they need if day trading. I have sent them to http://www.isld.com/itchclient/javaversion.htm. This a free real time streaming quote. I've set them up so they can follow on intraday BigCharts [delayed 15] and watch the quotes simultaneously. They will print out BC and update by hand the DELL chart. I've put MACD, Volume+ [Plus], and SloSto in the bottom panels. They're also watching the NASDAQ on a second BC chart. Now they're set to learn to read the chart along with the Island real time quotes. Because they are each up over a point, I said that they should not take any loss that would get into a one point gain. Get out and go home. Never, never take a loss after you've a one point gain. That would be anathema for a trader. There are also some "nevers" with even less of a gain. I have paid the rent for the rest of the year and hope to make a bit more to buy the wife a present and some special treat for the cats. Connie Mack - - ------------------------------ Date: Tue, 27 Jul 1999 20:17:10 +0200 From: Johan Van Houtven Subject: [CANSLIM] Island RT streaming quotes >http://www.isld.com/itchclient/javaversion.htm. This a free real time >streaming quote. Some of you might want to know that the web address above is for the lagacy version. The new technology version is located at: http://www.isld.com/BookViewer/javaversion.htm Johan === - - ------------------------------ Date: Tue, 27 Jul 1999 22:56:32 -0400 From: Walter Stock Subject: Re: [CANSLIM] Dr. Connie and Mr. Dollar Hi Connie, A few bucks, eh? I hope your request doesn't come for mighty US greenbacks. My funds are limited to the threadbare Northern Peso (aka Canadian Dollar, Beaverbuck, Monopoly Money etc.). Worth 66 cents US today. I think you could buy Quebec with your MU profits. I will stay in town. Can't afford to leave. Your impecunious neighbour to the north, Walter Connie Mack Rea wrote: > Thanks for the mail, Walter. > > Tomorrow I may want to borrow a few bucks if I don't get some bounce. Please don't > leave town. > > Connie > > - - - ------------------------------ End of canslim-digest V2 #661 ***************************** 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.