From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #809 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 Saturday, January 29 2000 Volume 02 : Number 809 In this issue: Re: [CANSLIM] Stocks [CANSLIM] ERICY [CANSLIM] TQNT Re: [CANSLIM] Stocks [CANSLIM] market Re: [CANSLIM] market [CANSLIM] Leaders List Re: [CANSLIM] Stocks ---------------------------------------------------------------------- Date: Fri, 28 Jan 2000 13:44:08 -0500 From: Craig Griffin Subject: Re: [CANSLIM] Stocks I wrote: >Market orders are fine during the day for most stocks. I bought SEBL >after watching it trade a bit Monday morning and pull back to test the >pivot point. Once it came back up through the pivot I placed a market order. I meant Wednesday morning. - - ------------------------------ Date: 28 Jan 2000 13:21:04 -0800 From: "Tim Fisher" Subject: [CANSLIM] ERICY Anyone have CASLI on this one? It passed the pivot point by 1/16 today on 3X ADV. Not that I am buying yet. In fact I'm still amassing cash. Guess I just have to get used to going to almost 50% cash every 2 weeks! Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - - ------------------------------ Date: 28 Jan 2000 14:37:33 -0800 From: "Tim Fisher" Subject: [CANSLIM] TQNT I am impressed by how TQNT is holding up in this carnage. I held it once & was killed for something like 50% on a gap down when they failed to meet their earnings sometime in late 97 or early 98. Now I am not happy that I am still gunshy of it and didn't get back in when they went red-hot earlier in 99. Oh well. Anyway thought I'd mention it. Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - - ------------------------------ Date: Sat, 29 Jan 2000 01:50:20 -0500 From: "Tom Worley" Subject: Re: [CANSLIM] Stocks KEI - RS 93, EPS 96, last 4 qtrly earnings +100%, +129%, +128%, +367% (but the next four qtrs will be compared to four really good qtrs, so don't expect this to continue); meantime in the past 4 qtrs sales were -18%, -9%, +6%, +43% so except for possibly the latest qtr sounds more like better cost management than real growth. SMR is B, A/D and Timeliness are both A, GRS is also A (GRS 96); ranked 5th in its group (Electronics-Sci Instruments). Yearly earnings for past five years are 0.66 0.53, 0.19, 0.58, 1.08 (1999 year ended Sep 30). 5 mil shares out, 4.3 mil in float, mngmt owns 17% while funds own 9%. Up/Down is 1.4, ROE is 20%, and Growth rate of earnings is 32%. 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: Sent: Friday, January 28, 2000 11:26 AM Subject: Re: [CANSLIM] Stocks Anyone have IBD-type data on KEI? It has been getting good coverage lately & is an established competitor to A. - - ------------------------------ Date: Sat, 29 Jan 2000 16:05:29 +0100 From: "Makara Tamás" Subject: [CANSLIM] market It seems to me that we have seen almost all the signs of an intermediate market top. Heavy distribution days, a failed rally after the early January lows (at least in the Dow, and S&P), extreme optimism, tightening FED. I notice however, that the Nasdaq and many technology leaders are still above their prior lows. I'd really like to know the list members opinion. Tamas - - ------------------------------ Date: Sat, 29 Jan 2000 08:55:11 -0700 From: Earl Setser Subject: Re: [CANSLIM] market Well, we had 4 really nasty days this week, but only 2 of those qualify as Distribution Days on higher volume. I was surprised that yesterday's volume was down (about 10% on the NASDAQ) given the large drop. I had expected yesterday would be our 3rd day, and signs of a top would be overwhelming, but I don't feel this is the case, not yet anyway. The Bullish/Bearish sentiment indicators are also flashing warnings with Bullish up to 56% and bearish down near 26% in today's IBD. Given all of this, I will watch my stocks closely, and be really to sell if they continue yesterday's losses. >From IBD this morning, "No matter what the Fed does, the best source of advice on what to do with your stock holdings is the stocks themselves. If they're finding support at their 50-day moving averages, their long-term advances may still be intact. But winners that have sharply broken their uptrends deserve a close look." Here's hoping next week will bring some "green" on your computer screen!!! 04:05 PM 1/29/00 +0100, you wrote: >It seems to me that we have seen almost all the signs of an >intermediate market top. Heavy distribution days, a failed >rally after the early January lows (at least in the Dow, and >S&P), extreme optimism, tightening FED. I notice however, >that the Nasdaq and many technology leaders are still above >their prior lows. > >I'd really like to know the list members opinion. > >Tamas > > > > >- > > > - - ------------------------------ Date: Sat, 29 Jan 2000 11:01:03 -0700 From: Earl Setser Subject: [CANSLIM] Leaders List Here is my latest "Leaders List". This list is assembled by taking stocks in the top 20 Industry Groups and generating a score for the stocks by combining EPS, RPS, SPR rating, A/D rating, Sponsorship rank, and Industry Group rank. I try to remove any stocks that are being purchased from the list. The list is the top 50 (or so) stocks by score (in order, highest scores first). I monitor this list for technical signals to buy. This list represents strong stocks that you may want to watch, but they have not been reviewed for technical signals yet, and many or most have not formed bases at this time. Disclaimer: I presently own SEBL, QLGC, and JDSU (by way of ETEK buyout). QGENF VRTS JDSU QCOM BOBJ ITWO SAPE CHKP CTXS PRGN TTIL EMLX MERQ SEBL ORCL BGEN SRNA IVGN TECH NTCT AMCC MUSE RSAS CREE XETA WEBT SPNS IDPH ADTN AMGN ANEN CTSH RMDY BVSN VSAT NSOL DAVX SYMC CMVT QLGC GILTF SDLI RFMD VOTT TQNT BRCM UNFY ENZ DITC BVEW - - ------------------------------ Date: Sat, 29 Jan 2000 12:05:35 -0800 From: "Patrick Wahl" Subject: Re: [CANSLIM] Stocks Date sent: 28 Jan 2000 08:26:31 -0800 From: "Tim Fisher" > Considering the abysmal state of M, JNPR is forming a remarkable pennant. > Definitely worth watching closely. I hope I can hold out until the > (inevitable?) relief rally after the FOMC decision next week. I'm going to > cash fast with my stops taking me out a few at a time. Most in the money, > for a change! Volume has shriveled up a bit, little volatility, JNPR is holding its own very well. If it can hang in above its breakout point, it would be an obvious one to buy when the market seems ready to head up again (thats always the hard part). Looking over the nasdaq chart, the price action on 1/24 was probably something of a warning sign. I suppose that is a pretty obvious distribution day - the market had its highest volume in a couple of months (ever?), gapped open to a new high, then closed at the low of the day. At the rate the market moves these days, the market could correct in a short period, if that is what is ahead. - - ------------------------------ End of canslim-digest V2 #809 ***************************** 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.