From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #787 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, January 4 2000 Volume 02 : Number 787 In this issue: Re: [CANSLIM] Problems with Quote Tracker [CANSLIM] Breaking stocks [CANSLIM] non canslim: FREE High Speed Internet Access Re: [CANSLIM] Breaking stocks Re: [CANSLIM] New Year Watch List Re: [CANSLIM] Breaking stocks - Johan Re: [CANSLIM] New Year Watch List Re: [CANSLIM] Breaking stocks Re: [CANSLIM] New Year Watch List Re: [CANSLIM] DGO List Re: [CANSLIM] DGO List Re: [CANSLIM] DGO List Re: [CANSLIM] DGO List [CANSLIM] FW: RE: Data on 1/3/00 [CANSLIM] no messages all day ---------------------------------------------------------------------- Date: Mon, 03 Jan 2000 14:04:54 -0500 From: Sam Funchess Subject: Re: [CANSLIM] Problems with Quote Tracker Harry, I am running 1.3.0 with no "D". I checked my internal date and that was fine. It only seems to be happening with a couple of tickers. Of course my largest holdings. Thanks for your help. Sam Harry Yang wrote: > Sam, > > Which version of your QT? My 1.3.0D QT works fine except that > webupdate doesn't work since DNS (Domain Name) of quotetracker.com > was set wrong because of their ISP problem. > > Harry > > Sam Funchess wrote: > > > >Is anyone else having problems with QT? > >I am having problems with select tickers only. > >Sam > > > >- > > Sam, > > In another thread, Patrick Wahl reported a problem with Quotes Plus: > > >Here is an odd side note - my computer had a y2k problem - the date rolled > >over to 1/1/1980 for some reason, I didn't catch it immediately, meanwhile > >Quotes Plus absolutely wouldn't work, couldn't even open the application, > >when I finally noticed the incorrect date and reset it, quotes plus began > >working again. > > > > See if you have a similar problem... > > Jeff > > ______________________________________________________ > Get Your Private, Free Email at http://www.hotmail.com > > - - - ------------------------------ Date: Mon, 03 Jan 2000 21:38:14 +0100 From: Johan Van Houtven Subject: [CANSLIM] Breaking stocks RFMD AETH breaking - -- Johan - - ------------------------------ Date: Mon, 03 Jan 2000 16:10:52 -0500 From: inderjit singh Subject: [CANSLIM] non canslim: FREE High Speed Internet Access Check out this FREE new service from Broadband Digital Group (BDG). 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Let me know what you think. http://i.winfire.com/s/isapiEng.dll/wf.exe?cmd=3Ddl&180005277,2432,507&.e= xe - - ------------------------------ Date: 3 Jan 2000 13:37:17 -0800 From: "Tim Fisher" Subject: Re: [CANSLIM] Breaking stocks The closing prices didn't clear the previous highs on either of these, by a few percent. Does that bother you, Johan? I have been looking for a reason to get into RFMD and out of QWST for over a week now, and I can't decide if this is a good entry point or not... On 12:38 PM 1/3/00 , Johan Van Houtven Said: >RFMD >AETH > >breaking > >-- 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: Mon, 3 Jan 2000 10:41:41 +1300 From: "John Lynch" Subject: Re: [CANSLIM] New Year Watch List Johan, A couple of not very CANSLIM questions. What's on your watchlist for shorts? How have you selected your watchlist? Regards, John - ----- Original Message ----- From: "Johan Van Houtven" Sent: Tuesday, January 04, 2000 5:24 AM Sold everything this morning. 100% cash and looking for shorts now. An NOT actually shorting yet, just preparing. - -- Johan - - - - ------------------------------ Date: Mon, 03 Jan 2000 16:56:07 -0500 From: Walter Stock Subject: Re: [CANSLIM] Breaking stocks - Johan Hi Johan, Interesting stocks. RFMD is a wireless component play, and AETH is a wireless software play. The other strongest wireless stocks today include RIMM, SAWS, and TQNT. I don't have a position in any of them yet, but may tomorrow. The bulk of the sector looked strong today except for PUMA. On a separate note, Johan, you mentioned earlier that you were back to 100% cash. Is that because of the interest rate concerns? I am still 100% invested: all net, biotech or software. Right now, I am looking to go deeper into margin to pick up some wireless before this party ends. Regardless, in the current atmosphere, if its not tech, I won't touch it. Walter Stock Oakville, ON, Canada Johan Van Houtven wrote: > RFMD > AETH > > breaking > > -- Johan > > - - - ------------------------------ Date: Mon, 3 Jan 2000 16:17:01 -0800 (PST) From: Anindo Majumdar Subject: Re: [CANSLIM] New Year Watch List I would be interested to know why you went to 100 % cash ? I haven't seen any distribution signs in this market yet. All the leaders still strong. Thanks Anindo > > At 07:58 AM 03-01-00 -0800, you wrote: > >Hope someone got a hold of EMLX before this AM! I looked at it the > >beginning of last week & decided on AMGN instead. Should have bot 1/2 > >position fo both! Doh! > > EMLX is Andreas' and my own major holding. Gapped up more that 50$. > > Sold everything this morning. 100% cash and looking for shorts now. An NOT > actually shorting yet, just preparing. > > > > -- Johan > > > > - > > > - - ------------------------------ Date: Mon, 3 Jan 2000 19:13:04 -0800 From: "Bill Triffet" Subject: Re: [CANSLIM] Breaking stocks While I'd love to jump into one of these - AETH looks scary. Looks like it broke out big with a meager 20% volume out of some kind of short, wild double bottom? RFMD looks good but alas I would have to got in during the trading session to catch it. 14% is a bit too extended for me now. I'm finding this problem time and time again with these rockets. Either I try buying using limit orders (and hope the vol is there) or get one of those new-fangled ($$) pocket market monitors. I've tried buying after a 10-12% breakout but would then give it a 10% downward stop. Not the best way to go but I can't follow the market duing the day. I have a feeling others here are also buying in a simalar fashion. Does this make sense in todays market? We'll see if there is a pullback tommorrow to catch RFMD. I doubt it though... Still enjoying ETEK though I sold off my SYMC. My eyes are on XETA and QGENF among others for a breakout. - -Bill Triffet - ----- Original Message ----- From: Johan Van Houtven To: Sent: Monday, January 03, 2000 12:38 PM Subject: [CANSLIM] Breaking stocks > RFMD > AETH > > breaking > > -- Johan > > > > - > > - - ------------------------------ Date: Mon, 3 Jan 2000 19:16:00 -0800 From: "Bill Triffet" Subject: Re: [CANSLIM] New Year Watch List Ahh but if we are right the other 50% thing are OK ! (g) - -Bill Triffet - ----- Original Message ----- From: Tim Fisher To: Sent: Monday, January 03, 2000 7:58 AM Subject: Re: [CANSLIM] New Year Watch List > P.S. I am wrong >50% of the time so ignore all the above ;} > - - ------------------------------ Date: Mon, 3 Jan 2000 22:59:17 -0500 From: "Tom Worley" Subject: Re: [CANSLIM] DGO List Hi Tim, WON points out in HTMMIS (1st ed rev, page 159) that wide and loose price patterns usually fail, but as they tighten up, esp if accompanied by dwindling volume, are often good formations for entry. While WON doesn't describe any pattern as "wedging", I was given this term by some of his staffers during training, and have used it since. The major caution I have learned is that a wedging stock can go either way, north or south, so it's very important to be patient; wait for the stock to signal direction; pay attention to volume; and buy near the pivot. As to whether a "wedging up" or "wedging down" is better, the only thing I have been able to distinguish is that the low during the wedging must remain above the low on the wedge (picture a triangle laying on its side, the bottom corner must remain the current low, or all bets are off. The right hand point of the triangle can be close to the high, or close to the bottom corner. Higher is probably better, but I can't be sure it really makes a difference on those charts that eventually break out. I have found "wedging" stocks are good candidates for a watch list, not for an imminent buy. 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: Monday, January 03, 2000 10:47 AM Subject: Re: [CANSLIM] DGO List Tom, you say NTAP is wedging - I have trouble with this patten. TSC's chart guy says wedges must be "rising" to break to the upside. I can't tell from his charts the difference between "rising" and "falling" wedges. I.e. they look the same to my eye. Is there a less subjective way to interpret this formation? The reason I ask is because VARL formed a wedge in the end of Nov which looked like a falling wedge, broke out to the upside, failed the breakout, and is now drifting up. Also CCBL and DELL seem to be forming a falling wedge right now. I have noticed this formation most often after a big runup as a stock digests its gains - do you think it is a healthy fm? Any insight would be appreciated! At 02:20 AM 1/1/00 -0500, you wrote: >JDSU & VRTS (base forming??), SEBL, ZOMX, QLGC, MERQ, XETA >("long" base), SUNW, EKT, SHOO, ITWO, ADMS, XLNX, JBL, AFCI, >KFY, SCI, BBOX, NICE, FS, ANSR, WPPGY, NBTY, MXIM, ESIO, >BARZ > >Misc: >ISYS - breakout from a base >AMCC - LLUR >NTAP Tim Fisher, 1995 President, Pacific Fishery Biologists Ore-ROCK-On Rockhounding Web Site PFB Information mailto:tim@OreRockOn.com WWW http://OreRockOn.com - - - - ------------------------------ Date: Mon, 3 Jan 2000 22:27:32 -0800 From: "Patrick Wahl" Subject: Re: [CANSLIM] DGO List Date sent: 3 Jan 2000 07:45:32 -0800 From: "Tim Fisher" > Nov which looked like a falling wedge, broke out to the upside, failed the > breakout, and is now drifting up. Also CCBL and DELL seem to be forming a > falling wedge right now. I have noticed this formation most often after a > big runup as a stock digests its gains - do you think it is a healthy fm? > Any insight would be appreciated! I guess this stuff is all pretty subjective, maybe its just terminology, but I would say DELL is forming a pennant or flag, whichever, which is considered a continutation pattern. Todays action sort of spoiled the look of the thing. Not quite sure what a wedge is, so can't comment on that. Unrelated to this - anyone else think INTC made a breakout type move today? Not a new high, but broke out of right side of base, doesn't quite qualify as C&H because a handle didn't really form, but had nice volume. Also, VTSS spiked up out of a short base, guess its a semiconductor thing. - - ------------------------------ Date: Tue, 4 Jan 2000 00:47:18 -0500 From: "Tom Worley" Subject: Re: [CANSLIM] DGO List Too early on a pennant on DELL, so far it's looking to me to be topping, tho over its base. INTC and VTSS look like solid breakouts. could still pull back, tho breakouts look decent so far. Both offer some support lines to the breakout. Trailing PEs way high, but that doesn't seem to matter so much anymore. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html - -----Original Message----- From: Patrick Wahl To: canslim@lists.xmission.com Date: Tuesday, January 04, 2000 12:23 AM Subject: Re: [CANSLIM] DGO List Date sent: 3 Jan 2000 07:45:32 -0800 From: "Tim Fisher" > Nov which looked like a falling wedge, broke out to the upside, failed the > breakout, and is now drifting up. Also CCBL and DELL seem to be forming a > falling wedge right now. I have noticed this formation most often after a > big runup as a stock digests its gains - do you think it is a healthy fm? > Any insight would be appreciated! I guess this stuff is all pretty subjective, maybe its just terminology, but I would say DELL is forming a pennant or flag, whichever, which is considered a continutation pattern. Todays action sort of spoiled the look of the thing. Not quite sure what a wedge is, so can't comment on that. Unrelated to this - anyone else think INTC made a breakout type move today? Not a new high, but broke out of right side of base, doesn't quite qualify as C&H because a handle didn't really form, but had nice volume. Also, VTSS spiked up out of a short base, guess its a semiconductor thing. - - - - ------------------------------ Date: Mon, 3 Jan 2000 22:07:10 -0800 From: "Bill Triffet" Subject: Re: [CANSLIM] DGO List Maybe call it a mini-double-bottom? Doesn't look bad to me. - -Bill Triffet - ----- Original Message ----- From: Patrick Wahl To: Sent: Monday, January 03, 2000 10:27 PM Subject: Re: [CANSLIM] DGO List > Unrelated to this - anyone else think INTC made a breakout type > move today? Not a new high, but broke out of right side of base, > doesn't quite qualify as C&H because a handle didn't really form, > but had nice volume... - - ------------------------------ Date: Tue, 4 Jan 2000 15:55 +0000 From: mccoyml@pacbell.net Subject: [CANSLIM] FW: RE: Data on 1/3/00 FYI - ----Original Message----- From: =09Customer Service To: =09'Michael McCoy' Subject: =09RE: Data on 1/3/00 Reply-To: =09Customer Service Date: =09Tuesday, January 04, 2000 6:51 AM Hi Mike, Thank you for your recent email. Daily Graphs Online is currently displaying incorrect price information on our charts. We are working hard so that this will be corrected as soon as possible. We do want to apologize to you for this error. Our service will be updated very shortly. Thank you, Daily Graphs Online -----Original Message----- From: =09Michael McCoy [mailto:mccoyml@pacbell.net] Sent:=09Tuesday, January 04, 2000 5:01 AM To:=09Customer Service Subject:=09Data on 1/3/00 Are you having problems with your data? DGO shows XIRC with a gain of 2.09 to 67.21 while IBD shows XIRC with a loss of 4 5/8 at 70 3/8. The later numbers were confirmed with TC2000 data. Thanks, Mike - - ------------------------------ Date: Tue, 04 Jan 2000 22:48:48 -0500 From: inderjit singh Subject: [CANSLIM] no messages all day may be jeff has booted me off due to noncanslim posting. testing - - ------------------------------ End of canslim-digest V2 #787 ***************************** 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.