From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #771 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, December 17 1999 Volume 02 : Number 771 In this issue: [CANSLIM] Transportation Index Re: [CANSLIM] Transportation Index Re: [CANSLIM] Strongly recommended: Marder at Tradehard [CANSLIM] Greg Kuhn article at TradeHard.com [CANSLIM] OT: Portfolio site with charting? RE: [CANSLIM] Greg Kuhn article at TradeHard.com Re: [CANSLIM] Marder at Tradehard [CANSLIM] TRADEHARD.COM Article Re: [CANSLIM] OT: Portfolio site with charting? [CANSLIM] RAZF Re: [CANSLIM] TRADEHARD.COM Article RE: [CANSLIM] OT: Portfolio site with charting? Re: [CANSLIM] OT: Portfolio site with charting? [CANSLIM] Acc/Dis Numbers Re: [CANSLIM] Transportation Index Re: [CANSLIM] MSFT [CANSLIM] Move to cyclicals Re: [CANSLIM] Move to cyclicals [CANSLIM] group ranking ---------------------------------------------------------------------- Date: Thu, 16 Dec 1999 08:00:24 -0500 From: "Tom Worley" Subject: [CANSLIM] Transportation Index The TRANS may finally be reversing its six month long downtrend. Four up days in a row, all on above avg volume. Bottomed out above the prior low, and equal to the low before that. Needs to move over 3120 at a minimum, and 3140 to be convincing, at which point it will be above the last three highs. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html - - ------------------------------ Date: Thu, 16 Dec 1999 10:53:49 -0500 From: Craig Griffin Subject: Re: [CANSLIM] Transportation Index Tom, What do you see as the implications/significance of this move? Is it related to oil prices or to shipping or both? Is the Trans more an airlines or a trucking or a rail index? I know in a general way that the implications are for the DOW theory and for the economy and thus the market. Thanks for any further thoughts or info you might have. Craig At 08:00 AM 12/16/99 -0500, you wrote: >The TRANS may finally be reversing its six month long >downtrend. Four up days in a row, all on above avg volume. >Bottomed out above the prior low, and equal to the low >before that. Needs to move over 3120 at a minimum, and 3140 >to be convincing, at which point it will be above the last >three highs. - - ------------------------------ Date: Thu, 16 Dec 1999 11:35:17 -0500 From: Walter Stock Subject: Re: [CANSLIM] Strongly recommended: Marder at Tradehard I just signed up for my free three-day trial at Tradehard.com, and dug out the article that Craig and Johan refer to. Speaking for myself, I think it is the most important update on Canslim investing since HTMMIS was written. The two men interviewed both work for William O'Neill + Co. One is the head of institutional services, the other is a portfolio manager. These two WON lieutenants manage accounts, and they are up "between 350% and 440% this year". (And I thought I was doing okay.) Don't miss the section on the importance of massive sales growth for companies that have no earnings but are otherwise Canslim. Also the importance of companies that truly dominate their industries now, or are positioned to dominate in the future (known in other circles as gorillas). One outstanding article! Thank you gentlemen for bringing it to the attention of the group. Walter Stock Oakville, ON, Canada Johan Van Houtven wrote: > Just read it through. A terrific read! > > If you only read ONE CANSLIM related article this year, make it this one. > It confIrms a lot of what some members on this list have been trying to > bring to the table during the past 18 months. Alas most of their ideas were > rejected here. Mostly because part or a lot of what they were trying to say > wasn't in the book (HTMMIS). > > To give you one example: These guys DO buy stocks of companies with NO > earnings. They only buy them if the see huge and accelerating SALES. And > they prefer them to be leaders in their group. > > Take note old garde HTMMIS lovers: There are some new, valid playing rules. > Soem of us had already suspected as much, and now it has been confirmed. > > At 11:13 AM 14-12-99 -0500, you wrote: > >For those of you not reading Marder at Tradehard ($10/mo is a bit dear), > >but now is a good time to get the free trial and read the interview article > >by Marder entitled "Gil Morales and Dr. Christian Kacher " . These > >fellows are two of O'Neils portfolio managers who have stellar YTD returns. > > -- Johan > > - - - ------------------------------ Date: Thu, 16 Dec 1999 10:43:16 -0700 From: Jeff Salisbury Subject: [CANSLIM] Greg Kuhn article at TradeHard.com Hello everyone, I just received this message from Kevin Marder, the Editor-in-Chief at TradeHard.com. Best Regards, Jeff - canslim admin/owner - -------- Original Message -------- Subject: Canslim Date: Thu, 16 Dec 1999 09:23:57 -0800 From: "kevin marder" To: Plz. note the recent addition of Greg Kuhn, a noted CANSLIM advocate, to the TradeHard.com roster. His column comes out Wed. and Sun. Kuhn's hedge fund is up 96% YTD on an unleveraged basis. Thx. very much for your interest. Kevin N. Marder, Editor-in-Chief, TradeHard.com. - - ------------------------------ Date: Thu, 16 Dec 1999 19:24:39 +0100 From: Johan Van Houtven Subject: [CANSLIM] OT: Portfolio site with charting? A friend asked me to post the following: Does anyone know of a site that offers free portfolio tracking with charting. With charting I mean: Where you can chart the performance of the portfolio. - -- Johan - - ------------------------------ Date: Thu, 16 Dec 1999 12:28:07 -0700 From: Chris Hudson Subject: RE: [CANSLIM] Greg Kuhn article at TradeHard.com >Kuhn's > hedge fund is up 96% YTD on an unleveraged basis. Wow! What's the name of his fund? -- Chris Hudson - - ------------------------------ Date: Thu, 16 Dec 1999 21:31:43 +0100 From: Johan Van Houtven Subject: Re: [CANSLIM] Marder at Tradehard At 11:13 AM 14-12-99 -0500, you wrote: >the interview article >by Marder entitled "Gil Morales and Dr. Christian Kacher " . These >fellows are two of O'Neils portfolio managers who have stellar YTD returns. Here's the "hard to find" link: http://www.tradehard.com/query/tactics/index.cfm?link=insight&dir=files/insi ght - -- Johan - - ------------------------------ Date: Thu, 16 Dec 1999 16:07:27 +0000 From: user@tradehard.com Subject: [CANSLIM] TRADEHARD.COM Article The following article was sent to you by a friend who is a subscriber of TRADEHARD.COM. Go to the address below to view the article. http://www.tradehard.com/query/viewmail/index.cfm?article=4,188,116,2970,560 TRADEHARD.COM The Ultimate Super-Site for Traders - - ------------------------------ Date: Thu, 16 Dec 1999 17:30:15 -0500 From: "james sullivan" Subject: Re: [CANSLIM] OT: Portfolio site with charting? msn is one place that did...not so sure anymore ...and it was pretty good!! hope this helps, jim >Where you can chart the performance of the >portfolio. - - ------------------------------ Date: Thu, 16 Dec 1999 22:46:49 -0000 From: "Marc Laniado" Subject: [CANSLIM] RAZF RAZF is forming a cup with handle - not classic canslim, but a leader in its industry with huge sales Marc - - ------------------------------ Date: Thu, 16 Dec 1999 19:17:02 -0800 From: "Patrick Wahl" Subject: Re: [CANSLIM] TRADEHARD.COM Article From: user@tradehard.com To: canslim@lists.xmission.com > The following article was sent to you by a friend who is a subscriber of TRADEHARD.COM. > Go to the address below to view the article. > http://www.tradehard.com/query/viewmail/index.cfm?article=4,188,116,2970,560 > > TRADEHARD.COM > The Ultimate Super-Site for Traders Very good article, I liked the explanation of why stocks bounce off the 50 day MA. Here is a brief excerpt I thought was particularaly interesting for people who might not get to read the article, I don't think such a short quote is any kind of copyright violation. This was in reference to the strength of the internets even though they had no earnings - - --------------------------------------------------------------------------------------------------- And also, considering that the stock market is really just a big pricing mechanism, you have the cumulative mind of the stock market representing all of these people that are participating, their opinions and their knowledge about where they're going to put their money. So I see the market as a pricing mechanism. - - ------------------------------ Date: Thu, 16 Dec 1999 19:01:18 -0800 From: "Jack Wood" Subject: RE: [CANSLIM] OT: Portfolio site with charting? Yes, Johan, the following location is free and has portfolio tracking and charting. I use it exclusively. Jack Wood http://moneycentral.msn.com/ - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Johan Van Houtven Sent: Thursday, December 16, 1999 10:25 AM To: canslim@lists.xmission.com Subject: [CANSLIM] OT: Portfolio site with charting? A friend asked me to post the following: Does anyone know of a site that offers free portfolio tracking with charting. With charting I mean: Where you can chart the performance of the portfolio. - -- Johan - - - - ------------------------------ Date: Thu, 16 Dec 1999 19:38:42 -0800 From: "Bill Triffet" Subject: Re: [CANSLIM] OT: Portfolio site with charting? Also try: http://www.clearstation.com - -Bill - ----- Original Message ----- From: Johan Van Houtven To: Sent: Thursday, December 16, 1999 10:24 AM Subject: [CANSLIM] OT: Portfolio site with charting? > A friend asked me to post the following: > > Does anyone know of a site that offers free portfolio tracking with > charting. With charting I mean: Where you can chart the performance of the > portfolio. > > > > -- Johan > > > > - > > - - ------------------------------ Date: Thu, 16 Dec 1999 23:08:06 EST 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 12/1/1999 1438 2341 1153 1136 554 57% 8% 12/2/1999 1417 2397 1196 1077 543 58% 8% 12/3/1999 1414 2438 1173 1069 541 58% 8% 12/6/1999 1428 2456 1148 1068 585 58% 9% 12/7/1999 1477 2488 1132 1020 525 60% 8% 12/8/1999 1469 2421 1148 1058 544 59% 8% 12/9/1999 1470 2318 1127 1101 609 57% 9% 12/10/1999 1517 2243 1126 1114 638 57% 10% 12/13/1999 1529 2193 1112 1145 671 56% 10% 12/14/1999 1574 2187 1123 1148 652 56% 10% 12/15/1999 1590 2130 1148 1132 677 56% 10% 12/16/1999 1516 2113 1153 1192 712 54% 11% Spreadsheet version: Date,A,B,C,D,E,AB/A:E,%E12/1/1999,1438,2341,1153,1136,554,57%,8% 12/2/1999,1417,2397,1196,1077,543,58%,8% 12/3/1999,1414,2438,1173,1069,541,58%,8% 12/6/1999,1428,2456,1148,1068,585,58%,9% 12/7/1999,1477,2488,1132,1020,525,60%,8% 12/8/1999,1469,2421,1148,1058,544,59%,8% 12/9/1999,1470,2318,1127,1101,609,57%,9% 12/10/1999,1517,2243,1126,1114,638,57%,10% 12/13/1999,1529,2193,1112,1145,671,56%,10% 12/14/1999,1574,2187,1123,1148,652,56%,10% 12/15/1999,1590,2130,1148,1132,677,56%,10% 12/16/1999,1516,2113,1153,1192,712,54%,11% Robert - - ------------------------------ Date: Thu, 16 Dec 1999 23:34:21 -0500 From: "Tom Worley" Subject: Re: [CANSLIM] Transportation Index Hi Craig, You are correct about the general indications of the TRANS. Per Dow Theory, the poor performance for the past 6 months compared to the Dow 30 not only fails to confirm a bull mkt, but even casts a big question mark on whether it really is a bull mkt at all. From the economic standpoint, it also suggests a contracting economy, something well refuted by a lot of other purer economic data, but still a neg. As to why it has finally reversed, I think the main factors are that fuel prices have pretty much stabilized after huge increases, and the airline industry finally succeeded in pushing thru one rate hike, and plan another for a different class of fares. Combine that with the peak traveling of T'giving and Xmas, and that sector of TRANS is currently doing a lot better. The ironic part is that a strengthening TRANS is likely to be seen as an indication of a strengthening economy, and thereby inflationary. And we all should know what that would portend for "M". With the substantial and continued growth in online shopping, the ground portion of TRANS is also benefiting as purchases must be shipped and delivered. I am thinking specifically of UPS, and some of their competitors. It is a lot more costly, and presumably more profitable to the shipping co, to move a single package from point A to point B than to move an entire truckload of identical widgets from a factory to a distribution point. Again, fuel price increases have hurt, but having stabilized that damage can be mitigated with minor rate hikes, or other cost containment measures. Up to this point, it appears to me that the fuel producers and oil product storage firms in the USA have chosen to draw down their inventory of cheap oil products faster than they are replacing them. Makes sense since they are selling them at replacement costs, and were at record inventories when the price of crude began to be artifically raised. It appears at this point that OPEC and friends have forced prices about as high as they can for the short term. Their duration now depends on how much production comes back on line from less cost efficient wells enjoying the opportunity of higher prices. Certainly, the magnitude of the price increase has more than offset the percentage reduction in production, so cash flow to the producing nations has increased substantially, helping to sustain their restrictions on exports. Already, there have been some rumbles and rumors of production increases from a few of the more opportunistic producer nations. But compliance with the quotas so far appears to be holding well. My gut tells me that we are all adjusting and getting used to current pricing as "normal", even tho I grumble every time I pull up to the pump. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html - -----Original Message----- From: Craig Griffin To: canslim@lists.xmission.com Date: Thursday, December 16, 1999 10:54 AM Subject: Re: [CANSLIM] Transportation Index Tom, What do you see as the implications/significance of this move? Is it related to oil prices or to shipping or both? Is the Trans more an airlines or a trucking or a rail index? I know in a general way that the implications are for the DOW theory and for the economy and thus the market. Thanks for any further thoughts or info you might have. Craig At 08:00 AM 12/16/99 -0500, you wrote: >The TRANS may finally be reversing its six month long >downtrend. Four up days in a row, all on above avg volume. >Bottomed out above the prior low, and equal to the low >before that. Needs to move over 3120 at a minimum, and 3140 >to be convincing, at which point it will be above the last >three highs. - - - - ------------------------------ Date: Fri, 17 Dec 1999 00:03:23 -0500 From: Walter Stock Subject: Re: [CANSLIM] MSFT Hmm... my little boy Alex owns some too. Seems like there is a pattern here. Walter Stock Oakville, ON, Canada Tim Fisher wrote: > Both my children own it so I second that plea! In fact I did not allow them > to sell it to get RHAT back in August so I need a bump to get them off my case! > > On 10:45 AM 12/14/99 , Johan Van Houtven Said: > >Keep an eye on MSFT. Its is currently lets than a point from a new all time > >high. > > > >Disclaimer: Andreas owns it already. So buy lots please. ;^) > > > > > > > >-- Johan > > > > Tim Fisher > Ore-Rock-On and Pacific Fishery Biologists WWW Sites > > Tim@OreRockOn.com > WWW: http://OreRockOn.com > See naked fish and rocks! > > - - - ------------------------------ Date: Fri, 17 Dec 1999 07:36:56 -0500 From: Sam Funchess Subject: [CANSLIM] Move to cyclicals Has anybody noticed the volume moving into energy and metals on the NYSE? Does it concern anyone? International Paper, Alcoa, Reynolds, electric's etc. I noticed this in Thursday's paper (IBD). This movement has put me on alert. Sam - - ------------------------------ Date: Fri, 17 Dec 1999 07:45:38 -0500 From: "Tom Worley" Subject: Re: [CANSLIM] Move to cyclicals I am concerned about the new high/lows on NYSE, which has not only remained negative, but extremely high. Equally, despite the huge gains in Naz, the nr of new lows remains exceptionally high. The rotation into cyclicals would affect NYSE more, and may explain some of this. The advance seems to be narrowing day by day into a select handful of big cap, high volume stocks. Up/down volume ratios on both indexes are also looking far worse than a chart of the index itself. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html - -----Original Message----- From: Sam Funchess To: Canslim Date: Friday, December 17, 1999 7:38 AM Subject: [CANSLIM] Move to cyclicals Has anybody noticed the volume moving into energy and metals on the NYSE? Does it concern anyone? International Paper, Alcoa, Reynolds, electric's etc. I noticed this in Thursday's paper (IBD). This movement has put me on alert. Sam - - - - ------------------------------ Date: Fri, 17 Dec 1999 08:44:54 -0500 From: Sam Funchess Subject: [CANSLIM] group ranking Could someone with access to the books or DGO let me know what the top five companies are in the group of the following stocks SONE CPTH Thanks Sam - - ------------------------------ End of canslim-digest V2 #771 ***************************** 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.