From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #826 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, February 18 2000 Volume 02 : Number 826 In this issue: Re: [CANSLIM] Interesting article at the Street [CANSLIM] CAIR [CANSLIM] New Person Re: [CANSLIM] CAIR Re: [CANSLIM] Bases Re: [CANSLIM] Bases Re: [CANSLIM] Bases [CANSLIM] ACTU B/O Re: [CANSLIM] Bases Re: [CANSLIM] ACTU B/O [CANSLIM] "M" Re: [CANSLIM] "M" [CANSLIM] [canslim]Industry group rankings [CANSLIM] DGO Down? Re: [CANSLIM] DGO Down? [CANSLIM] A Few Questions Re: [CANSLIM] "M" Re: [CANSLIM] DGO Down? Re: [CANSLIM] New Person Re: [CANSLIM] ACTU B/O Re: [CANSLIM] "M" Re: [CANSLIM] ACTU B/O Re: [CANSLIM] [canslim]Industry group rankings Re: [CANSLIM] [canslim]Industry group rankings Re: [CANSLIM] [canslim]Industry group rankings Re: [CANSLIM] "M" RE: [CANSLIM] "M" [CANSLIM] How to become a winner. Re: [CANSLIM] A: ready to break? ---------------------------------------------------------------------- Date: 17 Feb 2000 06:54:32 -0800 From: "Tim Fisher" Subject: Re: [CANSLIM] Interesting article at the Street IMHO this part of the article had nothing to do with the WON-like screen presented before it, so that is why Tom's dump on this company is probably a good take on their fundies. This is actually an article corss-posted on MSN and TSC by an MSN editor so I would be careful attributing it to TSC. Certainly TSC does not "pump up" speculative stocks like this one. I don't know about MSN since I never go there. 100x10y Portfolio, Without Hang-Ups Speaking of wireless and filters, I have a new idea for our portfolio of stocks that potentially could advance 10,000% over a 10-year period. The company makes, well, wireless filters. Big deal? Actually, yes -- it could be huge. Here's my pitch for Superconductor Technologies, (SCON:Nasdaq - news) which I discovered while screening for micro-cap New High Screamers last month month (full disclosure: I purchased shares of Superconductor Technologies a couple of weeks ago, after I began researching the stock): Wireless service providers worldwide are scrambling to add more capacity to their networks. It's one thing for Nokia (NOK:NYSE - news) and VoiceStream Wireless (VSTR:Nasdaq - news) to sell more phones and service contracts to consumers with their sexy marketing campaigns, but it's another thing actually to accommodate the surging number of calls being made. Each wireless base station -- which, broadly speaking, are poles with switches at the bottom and antennae at the top -- can only handle a certain number of calls at a time. After that limit, calls get dropped, static rises or customers can't get through. If you want to use your digital or PCS cell phone to receive information from the Internet, your connection had better be rock-solid. Until recently, connection quality didn't matter too much; if your friend's voice drops out for a second during a call, no big deal. But drop a couple of bits from an e-mail message or spreadsheet, and your communication blows up. Game over. The more we use our wireless devices for broadband communications -- particularly in systems based on the CDMA standard from Qualcomm -- the more power we are likely to want to draw. Power-intensive applications drain battery life from receivers (your handset) and are more costly at the transmitting end (the service provider's base station). Filters made from superconductors -- super-cooled materials, first developed commercially a decade ago, that offer virtually no electrical resistance -- solve all three problems: Service providers report that they cut distortion and noise dramatically, boosting the capacity of some base stations by as much as 50%. This means service providers will have far fewer "dead spots" in their networks, and can keep more customers online longer -- sharply boosting revenue. Because signals are more highly linear, or clear, it's less likely that bits will be dropped in data communications. And furthermore, well-filtered transmissions require less power to transmit -- prolonging battery life for handset users and cutting costs for transmitters. Until about nine months ago, the superconducting industry was about in the same place as development-stage biotechnology companies: all research, no products. But all of a sudden, wireless service providers are moving from trials to installation -- and many observers believe that sales at the industry's leaders are rumbling on the launch pad, ready for blast-off. How big is the market? A brokerage analyst recently reported that there were 200,000 base stations worldwide at the end of 1998, but estimated the number would hit 1.1 million by 2003. According to M. Peter Thomas, chief executive at Superconductor Technologies, about half of those stations could benefit from the installation of a superconducting filter -- each of which today costs $15,000 to $30,000. They're easy to install, too -- you simply attach the breadbox-sized device on a rack between the antenna and the current RF receiver with standard cables, sort of like fitting a new screen into an empty window frame. Superconductor Technologies, which boasts Intel (INTC:Nasdaq - news) founder Robert Noyce as one of its own founders back in 1988, has nearly 60 superconducting patents to its credit, and currently gets the bulk of its revenue from filtering research it performs for the U.S. Defense Department (filters are pretty important in aircraft and satellite transmissions). But Thomas, a veteran of Ericsson (ERICY:Nasdaq - news) and Nortel Networks, (NT:NYSE - news) said the firm recently has boosted its production capacity at its Santa Barbara, Calif., plant by 600%, and can expand further if and when demand warrants. Current customers include most of the top 10 wireless carriers in the country. Trailing 12-month revenueS on the commercial side of the company are about $2.9 million. Thomas expects revenue growth of "several hundred percent" over the next two years if all goes well, and if you consider the potential size of the market, that makes sense: Multiply an average of $20,000 per box by the potential to sell into 500,000 base stations. That's a $10 billion market. If Superconductor Technologies only gets 10% of that, it's a $1 billion revenue opportunity. Cut it in half, and you can still see the potential for $500 million in sales over the next five years. Cut the average selling price in half, and $250 million is still a big sales target for the company. Now imagine what happens if it gets more than a 10% share, or expands its product line. Thomas said he expects to reach profitability by the first quarter of next year. Some pretty smart investors already have done the math and have quietly purchased significant stakes. Hillman Co., a well-respected private holding company associated with Pittsburgh billionaire Henry Hillman, has bought a 40% stake in the firm over the past couple of years via its Wilmington Securities venture-capital arm. Tredegar Investments, the venture-capital arm of Virginia-based Tredegar, (TG:NYSE - news) and Seattle-based Madrona Investments each bought significant stakes back in the summer via a preferred stock offering. And the State of Wisconsin Investment Board, one of the nation's largest and most-influential pension funds, announced it purchased nearly 20% of the firm via a new stock offering just last week. Adding up all the common stock, Thomas said the company has 12.7 million shares outstanding. Trading at $12.50 on Tuesday, that puts it at a $161.2 million market cap, so it will need to trade at a $16 billion market cap one day to reach the 10,000% level. "That's conceivable," says Eric Bell, a vice president at Tredegar's Seattle office. "The high-speed wireless switching opportunities that superconductors make possible is something wireless carriers are just going to have to move to. This is still very much an early-stage company, which is why we liked it; it's in one of our venture-capital funds. We think it's one of those companies that probably went public too early -- so you could say that it presents an opportunity for private investors to make a VC-type investment in a public stock." Competitors include Conductus (CDTS:Nasdaq - news) of Sunnyvale, Calif., and Illinois Superconductor (ISCO: - news) of Mt. Prospect, Ill. If demand turns out to be even a fraction of what's expected today, you could probably take the approach articulated in Geoffrey Moore's book "The Gorilla Game" and buy shares in all three until the market sorts out which is best, then pile into the leader. Just don't expect revenues and earnings to explode at once; this is an idea that could take a year or more to get started. At 04:59 PM 2/16/00 -0800, you wrote: >Please post exerpts from the article. If I remember >correctly you have to subscribe to be able to read the >articles. >Thanks >rolatzi > >--- Tim Sowden wrote: > > Check out the article at: > > > > >http://www.thestreet.com/_yahoo/funds/supermodels/885112.html > > > > The guy mentions a screening method he uses at MSN > > Moneycentral to find > > tomorrow's winning stocks. Part of the method he uses > > mentions ONeil and > > HTMMIS so it's at least partly CANSLIM based. Maybe this > > will help some > > of the people out there who want to see what others are > > using for a screen. > > > > At the end of the article he mentions a company called > > SuperConducter Tech > > (SCON) and why he thinks it may be a big winner in the > > future. It certainly > > sounds interesting enuff. Is anyone watching this > > company? > > > > Tim Sowden > > > > > > - > > > > >__________________________________________________ >Do You Yahoo!? >Talk to your friends online with Yahoo! Messenger. >http://im.yahoo.com > >- Tim Fisher, 1995 President, Pacific Fishery Biologists Ore-ROCK-On Rockhounding Web Site PFB Information mailto:tim@OreRockOn.com WWW http://OreRockOn.com - - ------------------------------ Date: Thu, 17 Feb 2000 09:00:39 -0800 From: Tim Fisher Subject: [CANSLIM] CAIR I just discovered this wireless play. EPS growth and earnings surprises look phenomenal. Anyone have the other CASLI numbers handy? Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - - ------------------------------ Date: Thu, 17 Feb 2000 12:11:10 -0500 From: "Charles Cangialosi" Subject: [CANSLIM] New Person Hello I was on this list some time back. I received a lot of good information which of course I diregarded to my own peril. I stopped even looking at the market for months. I have begun to look again. Perhaps a more cautious approach would be in order this time. I remember reading posts by Tom and Craig and a few others. One day maybe I will be about half that knowledgeable, or so I hope. There were a few sites for charts, big charts for one and some free stock screening pages which I cant remember now, If anyone knows of one I would appreciate the info. I did have QP2 but uninstalled it and turned off the service. I am not quite ready to spend money on things yet. I want to do this slowly. If I get ready again I will reconnect it. Thanks Charlie - - ------------------------------ Date: Thu, 17 Feb 2000 12:15:29 -0500 From: "david lawson" Subject: Re: [CANSLIM] CAIR Tim, Fundies for CAIR per DGO. Group rs 88 EPS 76 RS 96 Timeliness A A/D A 17.5 mill shares out 17.3 mill float Funds 5% Banks 4% Mgmt 1`% Looks extended to me,but what isn't. +875% last Q on 16% increase sales. Ari - ----- Original Message ----- From: Tim Fisher To: Sent: Thursday, February 17, 2000 12:00 PM Subject: [CANSLIM] CAIR > I just discovered this wireless play. EPS growth and earnings surprises > look phenomenal. Anyone have the other CASLI numbers handy? > > > Tim Fisher > Ore-Rock-On and Pacific Fishery Biologists WWW Sites > > Tim@OreRockOn.com > WWW: http://OreRockOn.com > See naked fish and rocks! > > > - > > - - ------------------------------ Date: Thu, 17 Feb 2000 12:46:08 -0500 From: Craig Griffin Subject: Re: [CANSLIM] Bases Ari, You wrote: >Looks extended to me,but what isn't. I know this is a rhetorical question, but none-the-less, it gives me the chance to mention a few stocks still forming bases: ORCL, BVSN, SYMC, AAPL, VRSN and many more (but these may be about ready to go) A couple I bought yesterday (but alas extended today): AWRE, NOVL A stock giving multiple second chance buy opportunities: NOK (also is back in base, might want to wait for it to peek back above 195 1/2 or 197 before buying) And a stock which has given a couple of them: QLGC Just some ideas. Best Regards, Craig - - ------------------------------ Date: Thu, 17 Feb 2000 19:32:59 +0100 From: Johan Van Houtven Subject: Re: [CANSLIM] Bases >A stock giving multiple second chance buy opportunities: >NOK (also is back in base, might want to wait for it to peek back above 195 >1/2 or 197 before buying) Indeed. NOK has show some distribution the last two days. So one should be careful with it here. It might be bottoming here, but one can't be sure. I'd wait for 197. If you see accelarating volume comming in, then 195.5 is OK IMHO. - -- Johan - - ------------------------------ Date: Thu, 17 Feb 2000 14:03:27 -0500 From: "david lawson" Subject: Re: [CANSLIM] Bases What do you think of EBAY,s chart.Fundies also good. Ari - ----- Original Message ----- From: Johan Van Houtven To: Sent: Thursday, February 17, 2000 1:32 PM Subject: Re: [CANSLIM] Bases > >A stock giving multiple second chance buy opportunities: > >NOK (also is back in base, might want to wait for it to peek back above 195 > >1/2 or 197 before buying) > > Indeed. > > NOK has show some distribution the last two days. So one should be careful > with it here. It might be bottoming here, but one can't be sure. I'd wait > for 197. If you see accelarating volume comming in, then 195.5 is OK IMHO. > > > > > > -- Johan > > > > - > - - ------------------------------ Date: Thu, 17 Feb 2000 12:15:28 -0700 From: Subject: [CANSLIM] ACTU B/O ACTU appears to be breaking out of a short 4 1/2 week base...handle pivot point would be 49.375. Volume has been very light all day but has significantly picked up the last hour...Comments please. CANSLIM numbers are 76 93 A.A Ziggy - - ------------------------------ Date: Thu, 17 Feb 2000 20:34:12 +0100 From: Johan Van Houtven Subject: Re: [CANSLIM] Bases At 02:03 PM 17-02-00 -0500, you wrote: >What do you think of EBAY,s chart.Fundies also good. Ari, Both the 50 and 200 MA are curling over and pointing down. What does that tell you? - -- Johan - - ------------------------------ Date: Thu, 17 Feb 2000 15:18:08 -0500 From: Craig Griffin Subject: Re: [CANSLIM] ACTU B/O Volume seems far too light. No power behind it. At 12:15 PM 2/17/00 -0700, you wrote: >ACTU appears to be breaking out of a short 4 1/2 week >base...handle pivot point would be 49.375. >Volume has been very light all day but has significantly >picked up the last hour...Comments please. > >CANSLIM numbers are 76 93 A.A > >Ziggy > > >- - - ------------------------------ Date: Thu, 17 Feb 2000 21:44:19 +0100 From: Johan Van Houtven Subject: [CANSLIM] "M" Yet another follow-through for the Nasdaq. All while the pundits are beating themselves up about how this is possible with the Dow and Nyse in correction. Isn't this amusing? - -- Johan - - ------------------------------ Date: Thu, 17 Feb 2000 22:11:49 +0100 From: Johan Van Houtven Subject: Re: [CANSLIM] "M" Over 2 billion shares trades in Nasdaq today. I hardly ever drink beer, but today I'm drinking a beer on that. A Hoegaarden Grand Cru, arguably one of the best beers Belgium has to offer. It seems like it was "only yesterday" when we thought 1 billion shares was worth mentioning on this board. How fast things change. It pays to be flexible in this game. Go with the flow. OK, I tried real hard to keep myself from writing this once again, but I can't keep myself from it: "God, I love America!" Up 25.46% YTD. - -- Johan - - ------------------------------ Date: Thu, 17 Feb 2000 18:27:14 -0500 (EST) From: chris dempsey Subject: [CANSLIM] [canslim]Industry group rankings The following are the industry groups that I will focus on until March 1. The numbers after the group are the group rankings from IBD on the 1st and the 16th of the month. 2i/00 = 2/16/2000 2/00 = 2/1/2000 etc. Earl, This is a little different than just looking at the top 20 groups. In fact I have removed six of the top twenty groups from my list. I feel this helps find rising groups before they hit the ranking of 20. It can also help unload stocks of groups that appear to be falling. Sorry Sam, but I sold YHOO (that I bought when it was announced that it was being added to the S&P 500) today because that group appears to be falling. I also sold KLAC for the same reason. On 1/16 I removed the Telecom-cellular from my list and sold USM and WWCA on 1/17/2000 (I don't see the paper until I get home from work). This group has not shown improvement since I removed it. Upload it to a spread sheet and it is much easier to read. I hope this helps someone. IndustryGroup,2i/00,2/00,1i/00,1/00,12i/99,12/99,11i/99,11/99,10i/99,10/99,9i/99,9/99 Medical-Biomed/Genetics,1,1,1,9,17,18,17,13,7,7,6,8 Computer Softwr-Enterpse,2,4,5,3,5,3,4,3,2,6,15,23 Internet-Software,3,2,2,1,1,1,1,1,6,17,29,48 Internet-Ntwk Sec/Sltns,4,3,3,2,2,4,3,4,11,43,16,18 Computer Softwr-Security,5,7,4,5,6,5,8,11,29,112,96,135 Telecommunications-Equip,6,6,8,8,10,7,6,6,5,4,3,4 Computer-Local Networks,7,8,6,4,3,2,2,2,1,1,2,3 Elec-Semiconductor Mfg,8,13,11,12,14,11,7,7,4,2,1,1 Elec-Semiconductor Equip,9,19,17,19,23,17,12,8,12,14,19,26 Computer-Services,11,11,10,7,12,14,20,29,39,56,77,84 Computer-Peripheral Eq,12,12,14,17,16,15,15,14,13,19,14,15 Medical-Ethical Drugs,13,21,22,29,35,29,30,27,24,31,50,99 Computer-Optical Recogtn,16,18,20,18,19,19,16,23,32,44,40,59 Telecommunications-Svcs,19,22,21,24,27,25,22,41,64,60,57,52 Elec-Laser Sys/Component,21,28,27,36,37,46,40,47,41,39,27,12 Computer-Integrated Syst,22,25,24,25,22,26,41,37,36,25,22,19 Medical-Products,24,23,26,34,33,36,37,25,19,16,24,22 Elec Measrng Instruments,26,30,32,39,46,53,55,31,26,24,26,31 Computer-Graphics,27,29,30,35,38,41,51,89,79,120,119,146 Media-Cable TV,28,27,28,27,32,35,34,28,28,36,37,43 Computer Software-Med,30,35,54,45,55,79,154,110,58,63,55,60 Comml Svcs-Security/Sfty,32,36,44,47,48,62,64,62,68,89,90,111 Computer Software-Fin,33,33,31,28,28,31,39,50,71,99,69,62 Electrical-Control Instr,35,40,50,61,85,74,141,117,104,61,62,57 Elec-Military Systems,36,38,33,41,39,42,46,53,56,62,75,68 Houshold-Audio/Video,37,37,36,37,40,33,35,43,48,66,61,42 Electrical-Equipment,41,42,47,53,57,64,53,46,43,49,47,45 Machinery-Mtl Hdlg/Autmn,44,64,70,94,135,145,136,170,167,157,100,151 Medical-Outpnt/Hm Care,47,45,53,51,108,134,169,145,151,135,99,138 Medical/Dental/Serv,49,52,63,69,70,89,73,54,98,117,104,94 Medical-Generic Drugs,50,53,74,110,146,133,144,94,149,98,68,72 Finance-Publ Inv Fd-Frn,51,50,49,54,51,50,59,78,105,107,98,73 Finance-Investment Bkrs,52,51,76,65,65,80,132,158,174,123,132,87 Diversified Operations,56,67,65,74,87,92,111,156,111,110,109,115 Leisure-Movies & Related,57,57,72,63,54,65,62,92,82,109,72,65 Retail/Whlse Office Supl,59,59,69,76,52,82,109,82,156,152,183,184 Comml Svcs-Schools,60,77,117,75,82,122,153,143,175,191,193,193 Comml-Leasing Cos,65,54,62,56,91,76,91,108,113,108,114,103 Auto/Truck-Replace Prts,66,130,180,185,160,171,170,168,155,171,166,148 Finance-Investment Mgmt,67,70,68,77,73,63,98,120,132,147,141,159 Pollution Control-Svcs,69,81,106,146,121,123,79,68,75,84,117,109 Leisure-Photo Equip/Rel,72,115,135,148,163,166,158,163,135,88,108,104 Bldg-Heavy Const,73,97,95,107,116,110,122,79,74,75,86,91 Machinery-Gen Industrial,77,82,86,89,81,99,140,147,150,104,81,88 Real Estate Operations,90,118,175,130,148,153,135,126,118,128,131,126 ______________________________________________ FREE Personalized Email at Mail.com Sign up at http://www.mail.com?sr=mc.mk.mcm.tag001 - - ------------------------------ Date: Thu, 17 Feb 2000 20:06:44 -0500 From: Hugh Fader Subject: [CANSLIM] DGO Down? Anybody else having trouble accessing DGO tonight? - - ------------------------------ Date: Thu, 17 Feb 2000 21:38:31 -0500 From: inderjit singh Subject: Re: [CANSLIM] DGO Down? nop you might check your isp or telephone or cable line.... ;-) Hugh Fader wrote: > Anybody else having trouble accessing DGO tonight? > > - - - ------------------------------ Date: Thu, 17 Feb 2000 19:06:14 -0800 (PST) From: Matt Robinson Subject: [CANSLIM] A Few Questions Does anyone else subscribe to lists similar to this or perhaps boards that are as fluff and spam free with similar investment principles (ie CANSLIM or even small cap)? 4 Stocks that I took a quick peek at and that I am planning on looking into further: BRKT IKOS KILN QUIK Anyone know about any of these? Any info appreciated. thanks Matt __________________________________________________ Do You Yahoo!? Talk to your friends online with Yahoo! Messenger. http://im.yahoo.com - - ------------------------------ Date: Thu, 17 Feb 2000 22:04:07 -0700 From: pwahl@prodigy.net Subject: Re: [CANSLIM] "M" On 17 Feb 00, at 22:11, Johan Van Houtven wrote: > Over 2 billion shares trades in Nasdaq today. I hardly ever drink beer, but > today I'm drinking a beer on that. A Hoegaarden Grand Cru, arguably one of > the best beers Belgium has to offer. > > It seems like it was "only yesterday" when we thought 1 billion shares was > worth mentioning on this board. How fast things change. > > It pays to be flexible in this game. Go with the flow. > > OK, I tried real hard to keep myself from writing this once again, but I > can't keep myself from it: "God, I love America!" > > Up 25.46% YTD. Johan, like your enthusiasm and your posts, good for you being up that much, I think I am not too far behind, you can get some credit for that, don't think I would have caught Brocade if you hadn't posted a note when it brokeout a couple of weeks ago, keep up the good work. - - ------------------------------ Date: Fri, 18 Feb 2000 06:13:43 -0000 From: "Marc Laniado" Subject: Re: [CANSLIM] DGO Down? Me too! - ----- Original Message ----- From: Hugh Fader To: CANSLIM Mail Group Sent: Friday, February 18, 2000 1:06 AM Subject: [CANSLIM] DGO Down? > Anybody else having trouble accessing DGO tonight? > > > - > > - - ------------------------------ Date: Fri, 18 Feb 2000 02:59:36 -0500 From: "Tom Worley" Subject: Re: [CANSLIM] New Person Welcome back, Charlie www.bigcharts.com is still one of the best free sites for a wide variety of analytical charting. I still use Daily Graphs Online for all my CANSLIM work, but that's a subscription service, and not cheap. The best, and free, live quotes (no 15 minute time delay for this impatient investor when he has a chance to check the market) remains http://quotes.freerealtime.com/rt/frt/ I don't post much anymore, for a variety of reasons, lack of time being one as my work hours have escalated to nearly 80 hours/week. But I do try to post a list of decent watch list candidates every Saturday morning (or evening, or on Sunday, depending on when I wake up). Watch for my email with the subject line DGO List. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html - ----- Original Message ----- From: Charles Cangialosi To: Cc: Charles Cangialosi Sent: Thursday, February 17, 2000 12:11 PM Subject: [CANSLIM] New Person Hello I was on this list some time back. I received a lot of good information which of course I diregarded to my own peril. I stopped even looking at the market for months. I have begun to look again. Perhaps a more cautious approach would be in order this time. I remember reading posts by Tom and Craig and a few others. One day maybe I will be about half that knowledgeable, or so I hope. There were a few sites for charts, big charts for one and some free stock screening pages which I cant remember now, If anyone knows of one I would appreciate the info. I did have QP2 but uninstalled it and turned off the service. I am not quite ready to spend money on things yet. I want to do this slowly. If I get ready again I will reconnect it. Thanks Charlie - - - - ------------------------------ Date: Fri, 18 Feb 2000 03:08:06 -0500 From: "Tom Worley" Subject: Re: [CANSLIM] ACTU B/O I wouldn't trust the "breakout" on this kind of volume. Under the 50 dma for six trading days. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html - ----- Original Message ----- From: To: canslim list Sent: Thursday, February 17, 2000 2:15 PM Subject: [CANSLIM] ACTU B/O ACTU appears to be breaking out of a short 4 1/2 week base...handle pivot point would be 49.375. Volume has been very light all day but has significantly picked up the last hour...Comments please. CANSLIM numbers are 76 93 A.A Ziggy - - - - ------------------------------ Date: Fri, 18 Feb 2000 03:20:58 -0500 From: "Tom Worley" Subject: Re: [CANSLIM] "M" Drink one for me, Johan, sounds good. I'm working on a "Cuba Libre" now. And it was only about a year ago or so, maybe 18 months, that NASDAQ completed some major software and hardware upgrades, to enable it to handle volume exceeding 1 billion shares. I think the design capacity was to be up to 3 billion shares a day. But that was expected to be needed in another 5 to 10 years! My morning newspaper just got delivered, guess it's time to get this aging fool off to bed. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html - ----- Original Message ----- From: Johan Van Houtven To: Sent: Thursday, February 17, 2000 4:11 PM Subject: Re: [CANSLIM] "M" Over 2 billion shares trades in Nasdaq today. I hardly ever drink beer, but today I'm drinking a beer on that. A Hoegaarden Grand Cru, arguably one of the best beers Belgium has to offer. It seems like it was "only yesterday" when we thought 1 billion shares was worth mentioning on this board. How fast things change. It pays to be flexible in this game. Go with the flow. OK, I tried real hard to keep myself from writing this once again, but I can't keep myself from it: "God, I love America!" Up 25.46% YTD. - -- Johan - - - - ------------------------------ Date: Fri, 18 Feb 2000 06:06:09 -0700 From: Subject: Re: [CANSLIM] ACTU B/O Thanks Craig & Tom...you are both right...I was trying to get a jump on volume increasing looking at hourly volume numbers and volume just petered out after 1 hour...I will be more patient next time. I appreciate the responses. Ziggy Tom Worley wrote: > I wouldn't trust the "breakout" on this kind of volume. > Under the 50 dma for six trading days. > > Tom Worley > stkguru@netside.net > chat with me at ICQ # 5568838 > get ICQ software at http://www.icq.com/icqhomepage.html > > ----- Original Message ----- > From: > To: canslim list > Sent: Thursday, February 17, 2000 2:15 PM > Subject: [CANSLIM] ACTU B/O > > ACTU appears to be breaking out of a short 4 1/2 week > base...handle pivot point would be 49.375. > Volume has been very light all day but has significantly > picked up the last hour...Comments please. > > CANSLIM numbers are 76 93 A.A > > Ziggy > > - > > - - - ------------------------------ Date: Fri, 18 Feb 2000 08:30:36 -0500 From: Sam Funchess Subject: Re: [CANSLIM] [canslim]Industry group rankings > > It can also help unload stocks of groups that appear to be falling. Sorry > Sam, but I sold YHOO (that I bought when it was announced that it was being > added to the S&P 500) today because that group appears to be falling. I also > sold KLAC for the same reason. Chris, No need to be sorry. If you remember my post from mid January, I sold all of my YHOO in my trading account. I still have some in my retirement account that I plan to hold for the long term (forget that I own them for now). Since going cash in mid-late January, I have lost about 30% on the year. All of my purchases were made in the 5-10% above pivot and proved to cost me dearly. I kept my stops on at 5-8% and was shaken out of all of my new positions over the following weeks. What drives me crazy is that all of my purchases are higher now than my initial purchase price which tells me that I had the right stock, just wrong purchase. Such is life. I am trying to make purchases closer to the pivot, but as we all know that is a small window of fifteen minutes or so. Sam - - ------------------------------ Date: Fri, 18 Feb 2000 08:49:39 -0500 From: "Tom Worley" Subject: Re: [CANSLIM] [canslim]Industry group rankings Hi Sam, With the volatility of this market, you either have to buy almost at the pivot point, or use looser stops. An alternative is to buy while still in the short bases, and use a real tight stop just under the base. Since few stocks are giving a 6-8 week base, you're either going to be on the move up, or stopped out, long before you would have reached a "normal" breakout point. Not exactly CANSLIM, but an adjustment of it to present conditions if you want to stay invested instead of taking a vacation. 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: Sent: Friday, February 18, 2000 8:30 AM Subject: Re: [CANSLIM] [canslim]Industry group rankings > > It can also help unload stocks of groups that appear to be falling. Sorry > Sam, but I sold YHOO (that I bought when it was announced that it was being > added to the S&P 500) today because that group appears to be falling. I also > sold KLAC for the same reason. Chris, No need to be sorry. If you remember my post from mid January, I sold all of my YHOO in my trading account. I still have some in my retirement account that I plan to hold for the long term (forget that I own them for now). Since going cash in mid-late January, I have lost about 30% on the year. All of my purchases were made in the 5-10% above pivot and proved to cost me dearly. I kept my stops on at 5-8% and was shaken out of all of my new positions over the following weeks. What drives me crazy is that all of my purchases are higher now than my initial purchase price which tells me that I had the right stock, just wrong purchase. Such is life. I am trying to make purchases closer to the pivot, but as we all know that is a small window of fifteen minutes or so. Sam - - - - ------------------------------ Date: Fri, 18 Feb 2000 09:01:04 -0500 From: Sam Funchess Subject: Re: [CANSLIM] [canslim]Industry group rankings Tom, Thanks. My most recent purchase I had to loosen my stops and take a bigger risk. So far I am ahead on this one. At one point this week I was down 50% for the year and decided I either had to ride this out with looser stops or go cash until things firmed up. Since I was already invested I figured I would hang on. Hind sight will only tell. Sam Tom Worley wrote: > Hi Sam, > > With the volatility of this market, you either have to buy > almost at the pivot point, or use looser stops. An > alternative is to buy while still in the short bases, and > use a real tight stop just under the base. Since few stocks > are giving a 6-8 week base, you're either going to be on the > move up, or stopped out, long before you would have reached > a "normal" breakout point. Not exactly CANSLIM, but an > adjustment of it to present conditions if you want to stay > invested instead of taking a vacation. > > 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: > Sent: Friday, February 18, 2000 8:30 AM > Subject: Re: [CANSLIM] [canslim]Industry group rankings > > > > > It can also help unload stocks of groups that appear to be > falling. Sorry > > Sam, but I sold YHOO (that I bought when it was announced > that it was being > > added to the S&P 500) today because that group appears to > be falling. I also > > sold KLAC for the same reason. > > Chris, > > No need to be sorry. If you remember my post from mid > January, I sold all of my YHOO in > my trading account. I still have some in my retirement > account that I plan to hold for > the long term (forget that I own them for now). Since going > cash in mid-late January, I > have lost about 30% on the year. All of my purchases were > made in the 5-10% above pivot > and proved to cost me dearly. I kept my stops on at 5-8% > and was shaken out of all of my > new positions over the following weeks. What drives me > crazy is that all of my purchases > are higher now than my initial purchase price which tells me > that I had the right stock, > just wrong purchase. Such is life. I am trying to make > purchases closer to the pivot, > but as we all know that is a small window of fifteen minutes > or so. > > Sam > > - > > - - - ------------------------------ Date: Fri, 18 Feb 2000 09:34:42 +0100 From: Johan Van Houtven Subject: Re: [CANSLIM] "M" At 10:04 PM 17-02-00 -0700, you wrote: >Johan, like your enthusiasm and your posts, good for you being up >that much, I think I am not too far behind, you can get some credit >for that, don't think I would have caught Brocade if you hadn't >posted a note when it brokeout a couple of weeks ago, keep up the >good work. Patrick, Thank you. I'm glad you are making money on BRCD. They posted record earnings this evening. We'll see how the stock reacts. Technically it might take a rest here. - -- Johan - - ------------------------------ Date: Fri, 18 Feb 2000 08:13:49 -0700 From: "Wahl, Patrick" Subject: RE: [CANSLIM] "M" By now you probably have seen that the market liked the earnings, up 29 when I looked at it, makes me feel a little better about missing JNPR for some reason (I think I had the vapors that day). > -----Original Message----- > From: Johan Van Houtven [mailto:click@ping.be] > Sent: Friday, February 18, 2000 1:35 AM > To: canslim@lists.xmission.com > Subject: Re: [CANSLIM] "M" > > > At 10:04 PM 17-02-00 -0700, you wrote: > >Johan, like your enthusiasm and your posts, good for you being up > >that much, I think I am not too far behind, you can get some credit > >for that, don't think I would have caught Brocade if you hadn't > >posted a note when it brokeout a couple of weeks ago, keep up the > >good work. > > Patrick, > > Thank you. > > I'm glad you are making money on BRCD. They posted record > earnings this > evening. We'll see how the stock reacts. Technically it might > take a rest > here. > > > > > > -- Johan > > > > - > - - ------------------------------ Date: Fri, 18 Feb 2000 16:28:25 +0100 From: Johan Van Houtven Subject: [CANSLIM] How to become a winner. Sam wrote, >No need to be sorry. If you remember my post from mid January, I sold all of my >YHOO in >my trading account. I still have some in my retirement account that I plan to hold for >the long term (forget that I own them for now). Since going cash in mid-late January, I >have lost about 30% on the year. All of my purchases were made in the 5-10% above >pivot >and proved to cost me dearly. I kept my stops on at 5-8% and was shaken out of all of >my >new positions over the following weeks. What drives me crazy is that all of my >purchases >are higher now than my initial purchase price which tells me that I had the right stock, >just wrong purchase. Such is life. I am trying to make purchases closer to the pivot, >but as we all know that is a small window of fifteen minutes or so. > >Sam Thx Sam, you did all newbies a gigantic favour. But they might not realize it yet.. so here goes: For the newbies on the mailing list: Sam lost 30%, but I still stay he is clearly a winner. Why would I say that? Hint: It is not because he already made 300+% (right?) last year. Fire off your answers and I'll post my answer after that. - -- Johan - - ------------------------------ Date: Fri, 18 Feb 2000 17:23:33 +0100 From: Johan Van Houtven Subject: Re: [CANSLIM] A: ready to break? Tim, Adding to my position at 81+ didn't seem that stupid after all, n'est pas? Agilent closed at 92 yesterday. This Q: +75% earnings, +26% rev >Good earning last 3Qs: + 42% + 93% + 346% >Good projected 2001 earnings: + 59% >Accelerating revenue increases. >HOT new technologies. - -- Johan - - ------------------------------ End of canslim-digest V2 #826 ***************************** 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.