From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #749 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 Monday, November 22 1999 Volume 02 : Number 749 In this issue: Re: [CANSLIM] The New in Canslim....ADIC [CANSLIM] Weekly Watch List Re: [CANSLIM] CANSLIM Screening Approach Question [CANSLIM] Intro: Albert Lu Re: [CANSLIM] DGO List Re: [CANSLIM] CANSLIM Screening Approach Question [CANSLIM] Intro: Ben Pokras Re: [CANSLIM] DGO List Re: [CANSLIM] Intro: Ben Pokras Re: [CANSLIM] Making your OWN decisions Re: [CANSLIM] DGO List CLFY (was Re: [CANSLIM] DGO List) Re: [CANSLIM] Intro: Albert Lu Re: [CANSLIM] CANSLIM Screening Approach Question Re: [CANSLIM] CANSLIM Screening Approach Question [CANSLIM] Has anyone set an investment goal? [CANSLIM]How much time does everyone spend? Re: [CANSLIM] CANSLIM Screening Approach Question ---------------------------------------------------------------------- Date: Sun, 21 Nov 1999 13:08:19 +0100 From: Johan Van Houtven Subject: Re: [CANSLIM] The New in Canslim....ADIC Dave, Here are some links about NAS and SAN. For the time being both areas are 'hot' and good money has and will be made in both most probably. An introduction to network-attached storage and storage area networks : http://www.sunworld.com/sunworldonline/swol-07-1999/swol-07-connectivity.html NTAP: http://www.techstocks.com/~wsapi/investor/Subject-3105 George Gilder - Forbes ASAP: http://www.techstocks.com/~wsapi/investor/subject-16530 A Fibre Channel Future? http://www.techstocks.com/~wsapi/investor/Subject-17781 Please let us know what you find out. Regards, Johan At 01:28 PM 11/20/99 -0600, you wrote: >Johan, > >Thanks for the heads up! I will have to research NAS as a potential "New" >for CS stocks. Currently, the market seems to be discounting a HUGE future >for the SAN/fiberchannel pack. Just look and the charts of EMLX,ANCR, QLGC >et al. I don't think the market would be putting these kind of multiples out >there if this was a flash in the pan trend. But, hey....I'm not a technology >guru.....I just know how to combine a good dose of "new" with a great chart. >For those interested in SAN/Fiberchannel plays here is my list: >EMLX,JNIC,QLGC,CRDS,ADPT,INPH,ANCR,BRCD,VIXL,FNSR,ZOOX > >Regards, >Dave - -- Johan - - ------------------------------ Date: Sun, 21 Nov 1999 09:01:35 -0800 From: Earl Setser Subject: [CANSLIM] Weekly Watch List Well, I must agree with Tom on this weeks review. Although there are many stocks with good CANSLIM characteristics near their highs, they are mostly hitting those highs every day or two. Given that, I found NO stocks with good bases ready to break out!! However, I did find several stocks that have just broken out that may be worth a look. There were also a few stocks that are beginning to form 2 or 3 week bases, but I don't consider anything a base short of 6 weeks. All stocks are from Friday's weekend update (85/85 or better), top 60 industry groups, B/B/B or better ratings, and A-C sponsorship rating. Do your own homework, and enjoy. BBRC FORR BTGC LLTC LU PMCS PROX TLAB TIF VARL ZOMX - - ------------------------------ Date: Sun, 21 Nov 1999 09:54:21 -0600 From: Dave Cameron Subject: Re: [CANSLIM] CANSLIM Screening Approach Question Chris Dempsey wrote: > > > I’m new to this group but I’m on my third three year subscription to IBD and > only wish I would have typed CANSLIM into a search engine 744 days ago. Chris - from your subsequent comments, I wish you had typed CANSLIM into a search engine that long ago as well! We can always use more individuals who have great ideas and lucid thoughts. > This appears to be a great way for people with similar interests to get > answers and share solutions with others. Appears!?! C'mon, you can do better than that ! > > The biggest thing about the investing in the stock market is being > comfortable with your method and I’m sure that everyone in this group uses > their tailored version of CANSLIM. I thought long and hard about your > question over the years and finally came to what works for me. This is a good point. I tried straight CANSLIM - right from the book as I understood it. I didn't feel completely comfortable with it psycho- logically. So, I made some modifications - as a result, I did much worse. Now I'm back to close to true CANSLIM - but with a few twists. Anyway, I'm doing fine partly because my "method" is consistent with my psyche. > > I don’t even look at the EPS numbers, these numbers are based on history. > The stock market sells for tomorrow. What I replace that number with are > the earning projections of this year, next year and five year. These > numbers are available at many web sites. What I am looking for are earning > projections of 20% or more preferably in all three estimates. However next > years estimates are the most important of the three. This years estimate > can even be a negative. If this year is a negative, than you need to think > if next years estimate is good growth (does it look like a true 20%). I > like to see the five year growth rate also over 20% however 18 or 19 are > close and this number is just a guess anyway. I guess what I am saying is > that if I am comfortable with these three numbers then the stock has past my > EPS screen. Remember this is growth investing. When the growth > disintegrates so does the stock price. ALL stocks are volatile and > speculative. This is one of the reasons that some of the best performing stocks of late have been EXDS, WCOM, QCOM, AMZN... Anticipated high growth, high RS. These stocks have everything in the CANSLIM criteria except for the EPS component of C and A. > > RS is very important and I agree with WON that over 80 is a must. > > The industry group strength is very important. The problem here (for the > serious experienced investors) with IBD is that a ranking of an A means 1 to > 40 but you don’t know if this number is rising or falling. To compensate > for this I started documenting the industry group rank on the first day of > the month so that I could tell if this number is rising or falling. I am > now documenting this number on the first and the 16th of each month. This > helps me determine the industry groups that I want to focus on over the next > half month. > > The SPR letter you refer to being A/B would be nice but for improving growth > companies it is lower sometimes. I would like to add improving gross profit > margins to this area but have to admit this adds much time that I do not > have and I have not been obtaining this information. > > The AD letter is also important. A or B would be great but I have bought a > very small % of my positions with a C or D. I don’t think an A or B is a > must. > > I disagree with WON on buying four positions. I personally think that 20 is > better. This gives each position a 5% weighting. I’m not saying that WON > is wrong, but I work 40+ hours per week. I have been burnt many times when > a position I am holding is downgraded by one of the major brokerage firm. > Have you ever noticed that a down grade is good for a 10% cut and an upgrade > is only good for a 5% rise? (most of the time). Have you also noticed that > they are seldom correct? The two that are still in my mind are SUNW and > QCOM. Actually I have had several stocks where I've been hammered by a brokerage cut. I have learned that in instances like these, it is best to ignore WON's advice. I've had a couple where I was in about a 10% gain position. The brokerage cut turned them into losses - so I sold. A couple weeks later, they rebounded and went up 50%. As such, I no longer sell every stock as soon as it turns to a loss. Sacrilege, I know. But if the stock drops because some analyst wants to buy it cheaper - why should I accommodate him!?! > > I also do not buy up or down. WON is correct in not buying down. I don’t > like to buy up because it over weights a position. I believe a purchase > should be at least $2000. If you have more than $40,000 adjust accordingly > to get equal 5% positions. This is one I'm learning as well. I've done the buy up the WON recommends. It usually doesn't work for me. I ended up with 50% weighting in one stock this way that started to reverse rapidly. I turned a clear profit into a loss because I'd bought as the stock moved up - and too much of it was bought near the high. This gave me a quarter where I owned 5 stocks; 3 were up, 1 was flat, 1 was down. But - since I was 50% weighted in the one that was down - I ended up down. Nothing like being right 60% of the time - and losing money! > > I have had difficulty buying stock in companies that trade volume less than > 100,000 per day average. These are no longer on my watch list. Tom Worley could never live like this . > > A cup with a handle is a great time to buy a stock. However I put the most > emphasis on VOLUME this is extremely important. Unless, of course, it is real blowout volume. > > A recent example that I found and bought was TMPW. Knowing that the M in > CANSLIM was good, as we had just gotten a buy confirmation signal in all > three major indexes, on 11/3/99 TMPW was up $8 on huge volume. It was not a > cup with a handle. It’s IBD rank was 62 87 ABA. Its 1-2-5-EP was 30 65 35. > All well over 20. Its group rank on 11/1/99 was 40 (remember I look at this > twice per month) which was the lowest number since mid April(lower the > better). I’m now up 38% on this position. > > Remember the stock market is always right! Let the market tell you what to > do. And when you misinterpreted what the market was telling you, or things > have changed, fix the problem. I like WON 7% rule. But I think it should > be used on a closing basis. One can't control what the market does; but one can control who one reacts to it! Dave > > Chris > > -----Original Message----- > From: Earl Setser [esetser@csolutions.net] > Sent: Sunday, November 14, 1999 7:39 PM > To: canslim@xmission.com > Subject: [CANSLIM] CANSLIM Screening Approach Question > > Thanks to those that commented on this last time, but I was hoping for more > discussion. So, here's a repeat of my question: > > In the months I've been working with CANSLIM, I have developed a set of > "screening" rules that I use to augment the information I get in IBD. > Specifically, I look at quarterly and annual earnings growth, and ROE. In > many cases, stocks with 85+ EPS numbers in IBD don't show good earnings > growth when I check. In other cases, stocks with A/B SPR ratings have ROE > well under 17%. My question, for the group: > > Should I be doing the extra screening? Should I accept an 85+ EPS as the > only data I need to verify good earnings growth? And should an A/B SPR > rating be the only data I need to verify sales growth and good management? > > I have often wondered if I'm not pushing some great stocks out with these > checks (i.e. QCOM hasn't passed these 2 tests over the last 3 months, but > is certainly one of the market leaders. I know IBD factors various numbers > together to get their ratings, and maybe that 85+ is really telling me that > the overall picture is such that it overrides the shortcomings of one of > the numbers. > > In addition, removing this screening would reduce the time it takes to > generate my watch list somewhat (although I would end up with more stocks > to look at the charts, so maybe it's really a break-even.) > > Please let me know what you guys (and gals) think. I have received some > excellent advice here in the past, and I'm counting on you all. THANKS!! > > __________________________________________________ > FREE Email for ALL! Sign up at http://www.mail.com > > - - - ------------------------------ Date: Sun, 21 Nov 1999 10:34:23 -0800 From: Mary Keener Subject: [CANSLIM] Intro: Albert Lu Hello Albert, Glad you're part of this board and posting. Welcome. Agree, 11:30pm for the opening of the market would be interesting. How do you handle this? Mary - - ------------------------------ Date: 21 Nov 1999 10:39:56 -0800 From: "Tim Fisher" Subject: Re: [CANSLIM] DGO List Tom, gotta luv that HH! This is one ignored gem I wish it had gotten noticed since I bot in, but since it didn't, I used the dropout of the current base to get out with a hefty profit. Of course it just did what it always does when it trades under its 50 DMA and jumped right back into the base. Oh well. Guess it's not in a glamor industry like wireless or it would be a $100 stock by now... Also what is BVG? I can't find that symbol. At 08:59 AM 11/20/99 -0500, you wrote: >BASING: >QCOM, JDSU, CPN, HAKI, KEI (vol down), XETA, XLNX, SLR, BVG, >HH (long base), SCSC, KCP, FORR, PROX, GPSI, NSOL, CHD, >MCRS, WSM, EWBC, AFCI, DGX, AMAT, DYN, ADPT, BVEW, TMX, >MXIM, DS, AMK, SYY, SHPGY > >Additional ones: >MEAD - staircase >SPEC - small cup & handle, small cap >RHT - funnel, possible handle forming, small cap >PMCS - cup and handle >ADBE - continues its LLUR pattern > >Tom Worley >stkguru@netside.net >chat with me at ICQ # 5568838 >get ICQ software at http://www.icq.com/icqhomepage.html Tim Fisher, 1995 President, Pacific Fishery Biologists Ore-ROCK-On Rockhounding Web Site PFB Information mailto:tim@OreRockOn.com WWW http://OreRockOn.com - - ------------------------------ Date: 21 Nov 1999 10:30:07 -0800 From: "Tim Fisher" Subject: Re: [CANSLIM] CANSLIM Screening Approach Question Dave, do you mean blowoff volume? If you do, how do you recognize a blowoff top from a bona fide blowout? Doesn't it relate to the rapidity of the march up, extension from the base, etc? Personally if the stock is just making a new high or breaking through resistance on the way to a new high off a decent base, I love to see 3x to 10x daily volume. These type of breakouts are usually the most stable in my experience - i.e. it's tough to trade down below the breakout point when you have a big clot of new holders at that price. At 09:54 AM 11/21/99 -0600, you wrote: > > A cup with a handle is a great time to buy a stock. However I put the most > > emphasis on VOLUME this is extremely important. > >Unless, of course, it is real blowout volume. Tim Fisher, 1995 President, Pacific Fishery Biologists Ore-ROCK-On Rockhounding Web Site PFB Information mailto:tim@OreRockOn.com WWW http://OreRockOn.com - - ------------------------------ Date: Sun, 21 Nov 1999 20:44:46 +0200 From: bpokras Subject: [CANSLIM] Intro: Ben Pokras This is my first letter to this site. I have read Wm O'Neil's book HTMMIS, and found out about this site. I know that BAC (BankAmerica) is not a CANSLIM stock, but I have been following it for several months now, and have made several profitable entries and exits along the way. It formed a deep V and the left side has moved up higher than the right, (from around 50 to 67, and is now at 65 1/8) but has lost ground in the last three sessions. I looked at an On Balance Volume indicator, which seems to also be turning slightly down. Is there a standard way to evaluate this stock based on the shape of its chart and the technical indicators, such as to make an intelligent guess as to what it might do from here. I currently hold an open position, which is still showing a profit, but would like someone elses opinion about how to evaluate whether I should hold or sell. Ben Pokras drde@isdn.net.il - - ------------------------------ Date: Sun, 21 Nov 1999 16:10:36 -0500 From: "Tom Worley" Subject: Re: [CANSLIM] DGO List How about BVF rather than BFG (ok, so my fingers were a little thick this morning!) Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html - -----Original Message----- From: Tim Fisher To: canslim@lists.xmission.com Date: Sunday, November 21, 1999 1:41 PM Subject: Re: [CANSLIM] DGO List Tom, gotta luv that HH! This is one ignored gem I wish it had gotten noticed since I bot in, but since it didn't, I used the dropout of the current base to get out with a hefty profit. Of course it just did what it always does when it trades under its 50 DMA and jumped right back into the base. Oh well. Guess it's not in a glamor industry like wireless or it would be a $100 stock by now... Also what is BVG? I can't find that symbol. At 08:59 AM 11/20/99 -0500, you wrote: >BASING: - - ------------------------------ Date: Sun, 21 Nov 1999 16:36:36 -0500 From: "Tom Worley" Subject: Re: [CANSLIM] Intro: Ben Pokras Hi Ben, First, BAC is not exactly a CANSLIM style stock with it's RS at 53 and EPS at 77 (forget the "I" and "S" ). Chartwise, one could argue that it is trying to successfully form a cup and handle, time will tell. However, it's chart also patterns that of the Financial Index overall to some degree, resulting from both being way oversold and from the passage of the repeal of the Glass-Steagal bill. From a fundamentals standpoint, it looks like it will have to achieve record earnings in the 4th qtr just to meet forecasts. That may be difficult. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html - -----Original Message----- From: bpokras To: canslim@xmission.com Date: Sunday, November 21, 1999 1:45 PM Subject: [CANSLIM] Intro: Ben Pokras This is my first letter to this site. I have read Wm O'Neil's book HTMMIS, and found out about this site. I know that BAC (BankAmerica) is not a CANSLIM stock, but I have been following it for several months now, and have made several profitable entries and exits along the way. It formed a deep V and the left side has moved up higher than the right, (from around 50 to 67, and is now at 65 1/8) but has lost ground in the last three sessions. I looked at an On Balance Volume indicator, which seems to also be turning slightly down. Is there a standard way to evaluate this stock based on the shape of its chart and the technical indicators, such as to make an intelligent guess as to what it might do from here. I currently hold an open position, which is still showing a profit, but would like someone elses opinion about how to evaluate whether I should hold or sell. Ben Pokras drde@isdn.net.il - - - - ------------------------------ Date: Sun, 21 Nov 1999 21:23:11 -0600 From: "Bob Amend" Subject: Re: [CANSLIM] Making your OWN decisions I agree you have to make your own decisions; that is the only way you truly learn. You have to reach decisions based on something and then watch those reactions from your decisions. When I first started out investing almost two years ago, I spent 95% of my time looking for the magical "holy grail" that would make those decisions for me. I lost a lot of money listening to the sages expound what was in essence for me the best way to lose my money. Only after I decided to go it on my own did I start to make money. What Craig and others have said is 100% correct: decide on a investing strategy and stick with it! It is hard to sell a stock you just bought because it isn't acting right. And yes alot of times the stock bounces back up. But you never remember the stocks that kept on going down. It gives me great joy to listen to people at work talk about the best way to invest money. These 'smart, financial people' don't read IBD or follow WON's advice and don't know what they are talking about. One polling type question I have: How long do you wait to chance your portfolio when the market is going up and your portfolio of 'rightly bought' stocks goes down? - - ------------------------------ Date: Sun, 21 Nov 1999 23:08:29 EST From: SPSNOWMAN@aol.com Subject: Re: [CANSLIM] DGO List Hi,just wondering what you thought of CLFY. 98 99 AAA $101 thanks,Giannola - - ------------------------------ Date: Sun, 21 Nov 1999 23:42:00 -0500 From: "Tom Worley" Subject: CLFY (was Re: [CANSLIM] DGO List) If I owned it, I would have no reason to sell. If I didn't own it, I would be envious of those that did. But it is way too extended to contemplate a fresh buy. I also note ROE is only 11%. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html - -----Original Message----- From: SPSNOWMAN@aol.com To: canslim@lists.xmission.com Date: Sunday, November 21, 1999 11:09 PM Subject: Re: [CANSLIM] DGO List Hi,just wondering what you thought of CLFY. 98 99 AAA $101 thanks,Giannola - - - - ------------------------------ Date: Mon, 22 Nov 1999 00:36:33 -0500 (EST) From: "Surindra J. Singh" Subject: Re: [CANSLIM] Intro: Albert Lu Green (not greenspan).... Tom Welcome to the group Albert. You will enjoy the day traders on the site a lot..... Regards Surindra On Sun, 21 Nov 1999, Tom Worley wrote: > Welcome to the group, Albert > > Given the added difficulty of the time difference, what > particularly attracts you to the US mkts? Are you looking > at any specific industries? > > Tom Worley > stkguru@netside.net > chat with me at ICQ # 5568838 > get ICQ software at http://www.icq.com/icqhomepage.html > > > -----Original Message----- > From: Albert Lu > To: canslim@xmission.com > Date: Saturday, November 20, 1999 10:56 AM > Subject: [CANSLIM] Intro: Albert Lu > > > Hello Everyone, > > Just wanted to introduce myself to everyone. I got involved > with this > discussion group from picking up William O'Neill's book, and > did a search > on CANSLIM. > > I'm actually from Australia, and starting to invest in the > US market. When > the market opens, it's about 11:30pm over here, so it's > quite interesting. > > Have an outstanding day!! > > > Albert Lu > > - > > > > - > > - - ------------------------------ Date: Mon, 22 Nov 1999 06:43:36 -0500 (EST) From: chris dempsey Subject: Re: [CANSLIM] CANSLIM Screening Approach Question Tom, Thanks for the reply to my post. I enjoy reading your responses. I like your e-mail address. You seem to respond very quickly to many posts! Do you do CANSLIM full time? For a living? I tried for a long time and buying four stocks did not work for me. One of the things I realized when I was buying four stocks was that I was not participating in enough top groups. I have learned to put a lot of importance in high and improving group rank. There seems to always be 15 outstanding groups. When I started to buy more stocks participating in more groups it seamed like there were always top groups that did not have representation on the WER which is where I found many of my stocks. It took a long time for me to weed the better from the bad in these groups (of course there are no bests in them) that were not participating in the weekend review. What I found that helped me was using the 1-2-5 EP not only helped me find stocks in groups not participating in the WER but it also helped me toss out some of the weaker stocks that are listed on that page. Maybe I shouldn't have said that I totally ignore the EPS #, because I do write down the five rankings from IBD when I make a stock purchase or sell. What I haven't written down is the 1-2-5 EP, I think that I need to start. A recent example is the Internet software group. It has moved from #48 at the beginning of September to #6 in mid October to #1 at the beginning of November. This is also the internet group of the four that fell the least. I've learned not to ask questions just do what the market is telling me. The market was telling me to buy a stock in this group. I scanned the group in late October and only found four stocks using the criteria I explained. They were ACRU, ALLR, FFIV, & QSFT. Incredibly in late October FFIV (16 99 AXA) traded with huge volume allowing me to get in and make nearly 50% in just a couple of days. Just two trading days later, ALLR (57 88 ADA) traded on increasing volume and allowed me to enter that position and in 10 market days I sold this for nearly a 50% gain. Normally what happens when I narrow a selection down to two is, after I buy one I watch the other choice go up. Of course we do have the big bold M working for us right now. I have had difficulty with QSFT probably because of its low volume. That's what the seven % limit is for, often times I don't even wait for the seven %. I still like this industry group and am looking for the next entry point into a stock from this group. WON says you must have a reason to buy a stock, not just that you sold it and it has gone down. I agree with his statement. I would not touch a stock like AMZN, they have no earnings in sight. I did recently notice that ALLR was moved to a computer group as listed in the new highs. Do you know which one? By no means am I saying that what you are doing is wrong, there is a lot to be said in consistency, but I have found something that works for me and I like it. As I said before find something your comfortable with and use it, and always look for ideas to improve it. The first thing I did in early November in my IRA account was sell CSCO & MSFT, to make room for better performers during the stampede. I hope to increase everyone's thought process and investment results, including my own, through the use of this group. The few people I run into that have an interest in talking about the stock market are all waiting for the stocks they own that are down to come back or they talk about the ones they wish they had bought. I'm glad to be able to communicate with people using a similar but slightly tailored version of CANSLIM. *** Thanks for the post, Chris, and glad you not only found the group but overcame your posting problems. It's a great group, and very helpful, please keep on posting. I would disagree with you on disregarding EPS nrs. Granted, they are historical in nature, but one thing they do that you are missing in looking at earnings projections is tell you how the earnings growth compares with all other companies.......... __________________________________________________ FREE Email for ALL! Sign up at http://www.mail.com - - ------------------------------ Date: Mon, 22 Nov 1999 06:45:44 -0500 (EST) From: chris dempsey Subject: Re: [CANSLIM] CANSLIM Screening Approach Question Craig, Thanks for the response. The other benefit of more than four positions, and always going in with equal money, is that a seven- percent loss is recouped with a seven- percent gain. With four positions when you take a seven- % hit you need eight to get back to even. I will not go back to four. I intend to gravitate to larger dollar positions. **** Chris, Welcome to the group. I enjoyed your post........... __________________________________________________ FREE Email for ALL! Sign up at http://www.mail.com - - ------------------------------ Date: Mon, 22 Nov 1999 06:49:20 -0500 (EST) From: chris dempsey Subject: [CANSLIM] Has anyone set an investment goal? Has anyone set an investment goal? WON & Ryan, on one of the tapes IBD has, say they won an investment challenge with a 3400% return in five years. Annualized this is 101% per year. Of course that was their job working in the brokarage industry. Is it realistic to think we could do half that good (50%) each year for five years. Or would taking two years to do what they have done in one be more realistic (42%). Or other=85. Or would it make more sense to base our performance against an index. Doubl= e a chosen index? I would like to hear other thoughts and comments. __________________________________________________ FREE Email for ALL! Sign up at http://www.mail.com - - ------------------------------ Date: Mon, 22 Nov 1999 06:52:23 -0500 (EST) From: chris dempsey Subject: [CANSLIM]How much time does everyone spend? How much time does every one spend on CANSLIM? I've been spending one to two hours before work, my lunch hour and some time at night. Gosh it adds up. Does anyone else spend this much time? Any ideas to reduce the time spent? WON writes in HTMMIS. It's the time you put in after 9 to 5 Monday through Friday that ultimately makes the difference. __________________________________________________ FREE Email for ALL! Sign up at http://www.mail.com - - ------------------------------ Date: Mon, 22 Nov 1999 07:26:08 -0500 (EST) From: chris dempsey Subject: Re: [CANSLIM] CANSLIM Screening Approach Question Earl, Thanks for the responses. I usually use yahoo but I know there are many other. I have so many bookmarks I need to go through and delete the ones that no longer work to b= e able to find some that still do. Here is one that I do like. http://www.stocksheet.com/goto/?Ticker=3Dpixr Change the ticker for whatever you want. **** Thanks for your response. You bring up some good points that I will add to "The Mix". I've found that few of the "B" industry groups pass my other screens, and even then, I rarely look at them again anyway. So I'm getting to a similar approach there. I use EPS ranking for my screening, and then look at the 5 year growth estimate for confirmation. I agree that past growth without expected future growth is not of much interest, although I think most stocks in this situation would fail on RPS. Where do you find the growth estimates you are using? At 06:18 AM 11/19/99 -0500, you wrote: >This is the post that I tried to post many days ago. > >Earl - I=92ll tell you what I=92ve gotten to work for me....... __________________________________________________ FREE Email for ALL! Sign up at http://www.mail.com - - ------------------------------ End of canslim-digest V2 #749 ***************************** 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.