From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #882 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, April 24 2000 Volume 02 : Number 882 In this issue: [CANSLIM] DGO List - Part 1 [CANSLIM] Re: Personal issues not CANSLIM [CANSLIM] Suggestions on my Watch list please? RE: [CANSLIM] Suggestions on my Watch list please? Re: [CANSLIM] Interesting prognosis from HGS [CANSLIM] futures Re: [CANSLIM] Suggestions on my Watch list please? [CANSLIM] Futures Re: [CANSLIM] futures Re: [CANSLIM] futures [CANSLIM] Acc/Dis Numbers Re: [CANSLIM] futures Re: [CANSLIM] futures [CANSLIM] Futures [CANSLIM] MNMD ---------------------------------------------------------------------- Date: Sun, 23 Apr 2000 09:49:33 -0700 From: Mary Keener Subject: [CANSLIM] DGO List - Part 1 Greetings to All, This message board is for CANSLIM members and discussion of stocks within the health or resumption of market health. And I do believe the board has been tight in focusing on these issues. However, once in a while, I think going off topic a bit is just fine. After all, we are more than the stock market. Events affect the market and us as well. This soap opera between Cuba and the U.S. has been, as most of them are, rather tedious, boring, stretched beyond any reasonable limit. The boy belongs with his dad whether his dad's country is Cuba, Russia, Mongolia or China. We have no rights here even though we value freedom, democracy. There is a point where we don't belong, and this is one point. I agree with Walter that Castro is out for himself, not his people. He is using this incident to his advantage along with others. Perhaps Elian's father would prefer to see his son remain here, however, he may not be allowed to articulate this with Castro on his back. What irks me is the U.S. government's handling of this situation. Regards, Mary - - ------------------------------ Date: Sun, 23 Apr 2000 16:54:04 -0700 From: han.26@osu.edu Subject: [CANSLIM] Re: Personal issues not CANSLIM >>>I think it is safe to say this issue has been RUN into the ground. Regards Matt<<< Here here!!! If I want to discuss politics/media/etc., I'll go to Yahoo. I'll vote for more CANSLIM. There's more than enough BS already on the news. That's why I don't watch it. - - ------------------------------ Date: 23 Apr 00 16:56:22 CDT From: Fanus Subject: [CANSLIM] Suggestions on my Watch list please? Hi I am studying CANSLIM for the last two months and reading up on investing= as much as possible the last couple of months and is ready (if one can ever = be really ready) to start paper trading now. This weekend, I put together my= first CANSLIM watch list. I would appreciate any feeback and suggestions= on my list from the other subscribers on the list. I hope requests like this= is appropriate on the list. Regards - - Fanus BBOX : Couple of weeks (rough) base. Volume seems to be drying up. FWRD : Could be starting to base. HH : Start forming a new base after the dip. USTR : Could be starting to base. APCC : Couple of weeks base, before last weeks dip. Back at base level ASGN : Couple of weeks base, before last weeks dip. Back at base level PLXS : Range a little wide. Could be starting to base if volume dry up. SHOO : Couple of weeks basing. ____________________________________________________________________ Get free email and a permanent address at http://www.netaddress.com/?N=3D= 1 - - ------------------------------ Date: Sun, 23 Apr 2000 16:33:54 -0600 From: "Dan Sutton" Subject: RE: [CANSLIM] Suggestions on my Watch list please? Fanus.. Here is my take on a couple of your picks, if I get time I will add more later.. BBOX Things I like: Group rank is increasing 91% of 52 week high Only 11.6 million shares in float EPS rank at 93 Cash flow growth rate is increasing over the 3 year rate ROE of 25.1 PEG ratio at 1.12 Earnings increases out of the last 20 quarters: 19 Things I don't like: Currently taking 116 days to turn shares in float 80.2% of the stock is institutionally owned Zacks analyst recommendation is at 1.71 I am only projecting about a $6.50 rise in price before it hits resistance Only 2 positive earnings surprises in the last 4 quarters One year earnings growth rate at 19.4% One year projected earnings growth rate at 21.7% BBOX is a good candidate for my watch list (it's has been on it for about a month), but don't think it is strong enough in fundamentals to buck the market, and it is too high in it's trading chanel to buy right now. FWRD Things I like: Group rank is increasing 99% of 52 week high Float is turning over in 37.7 days Only 5.4 million shares in float EPS rank at 98 ROE of 42.1 PEG ratio at 1.38 3 positive earnings surprises in the last 4 quarters Earnings increases out of the last 20 quarters: 19 One year projected earnings growth rate at 38.2% Things I don't like 80.2% of the stock is institutionally owned Zacks analyst recommendation is at 2.0 Earnings increases out of the last 20 quarters: 12 One year earnings growth rate at 3.6% Sales growth rate is at a minus 31.5% I am only projecting about a $3.60 rise in price before it hits resistance Too high in trading channel for a buy, more downside potential than upside Two stocks that I do like for this week are PLMD and WMT (bought both last week), if the market lets them run there is some serious upside potential in both. - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Fanus Sent: Sunday, April 23, 2000 3:56 PM To: canslim@lists.xmission.com Subject: [CANSLIM] Suggestions on my Watch list please? Hi I am studying CANSLIM for the last two months and reading up on investing as much as possible the last couple of months and is ready (if one can ever be really ready) to start paper trading now. This weekend, I put together my first CANSLIM watch list. I would appreciate any feeback and suggestions on my list from the other subscribers on the list. I hope requests like this is appropriate on the list. Regards - - Fanus BBOX : Couple of weeks (rough) base. Volume seems to be drying up. FWRD : Could be starting to base. HH : Start forming a new base after the dip. USTR : Could be starting to base. APCC : Couple of weeks base, before last weeks dip. Back at base level ASGN : Couple of weeks base, before last weeks dip. Back at base level PLXS : Range a little wide. Could be starting to base if volume dry up. SHOO : Couple of weeks basing. ____________________________________________________________________ Get free email and a permanent address at http://www.netaddress.com/?N=1 - - - - ------------------------------ Date: Sun, 23 Apr 2000 12:18:03 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] Interesting prognosis from HGS Seems Ian has concluded that we are in a bear mkt, a conclusion I do not yet support. Wonder how he would view this if he had not made this decision? 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: Sunday, April 23, 2000 11:52 AM Subject: [CANSLIM] Interesting prognosis from HGS >Ianforum.com - http://www.ianforum.com > >http://www.ianforum.com/markets.htm > >The Nasdaq rallied strongly Monday and Tuesday, but the gains gave way to >profit taking and uncertainty on Wednesday and Thursday. As you can see, >there was an opening gap up on Tuesday, but it was on reduced volume. The >volume fell off steadily all week after Monday's volume surge. > >Is this a Bear Market rally or a sucker's rally? We obviously do not know >yet, but the down trend line needs to be broken to the upside and the 17 >day MA needs to cross through the 50 Day MA before we can be on our way >again with HGS Investing. If the gap is filled at 3539 to the downside, I >would expect a test of last Friday's low. > >The Nasdaq is trading dangerously close to the 200 day MA. There is still >a lot of complacency out there, which is a negative for the markets. > >Keep your cash in a safe place, but if you must play, buy only the >strongest stocks or stocks in the Defensive Surrogate. It may be too late >for them, so be careful. The Warriors and Internets have been trashed, so >I am now only updating the Fab 7, Mattress Stuffers , and Defensive >Stocks. > >The Mattress Stuffers and the Fab 7 are both looking weak as groups. The >17 day MA is at the 50 day MA on both surrogates. I am using the >candlestick charts with the closeup view in the new version of IRL. Take a >look. > >The Dow and the NYSE are much stronger than the Nasdaq and the small cap >stocks. Remember though, if the Nasdaq tanks again like it did last >Friday, all markets will be dragged down. > >Ian wrote some insightful articles on money management and selling points >for stocks. Don't miss them! They are linked off the home page at >http://www.ianforum.com/ > >Have a good Easter Weekend. > >Ron 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, 23 Apr 2000 19:09:32 -0600 From: "Patrick Wahl" Subject: [CANSLIM] futures Who knows if this is meaningful, but right now (9 pm eastern), the nasdaq futures are down 61 points. maybe a microsoft hangover? - - ------------------------------ Date: Sun, 23 Apr 2000 21:04:13 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] Suggestions on my Watch list please? Fanus, your post is entirely appropriate, certainly more on topic than my earlier political venting, even if done in connection with my weekly posting of charts from Daily Graphs Online. One member already commented on BBOX and FWRD, I would add to that response that DGO does not show as high an institutional holding. Remember that different sites count things differently, at DGO the funds ownership is shown as a percentage of the float. With BBOX, there is only 5% management ownership reported, so the 41% ownership by the funds is very high, too high for good CANSLIM. With FWRD, management is reported owning 56%, so the 51% ownership by funds of the remaining 9 mio shares in the float is still high, but different, as management has a major stake in the future. I would also suggest that FWRD may be forming a cup, handle possibly to follow. I have seen a lot of transportation cos showing this lately. HH - high debt, and only the latest quarter shows it breaking out of the stagnation of earnings and sales. I would want to see this confirmed by the March quarter before acting. USTR - recovery this past week, like so many other stocks, was on less than ADV. Will be interesting to see how it holds up this coming week. APCC - another good one to watch ASGN - I don't like the small holding by management (5%) and the large holding by funds (38%) PLXS - past six weeks were so volatile that it is hard to define a base in there; small ownership by mngmt (8%) SHOO - Group RS is only 67, and it is only ranked 4th in a relatively weak group. Overall, an excellent watch list, you are definitely ready to start paper trading. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html - ----- Original Message ----- From: Fanus To: Sent: Sunday, April 23, 2000 5:56 PM Subject: [CANSLIM] Suggestions on my Watch list please? Hi I am studying CANSLIM for the last two months and reading up on investing as much as possible the last couple of months and is ready (if one can ever be really ready) to start paper trading now. This weekend, I put together my first CANSLIM watch list. I would appreciate any feeback and suggestions on my list from the other subscribers on the list. I hope requests like this is appropriate on the list. Regards - - Fanus BBOX : Couple of weeks (rough) base. Volume seems to be drying up. FWRD : Could be starting to base. HH : Start forming a new base after the dip. USTR : Could be starting to base. APCC : Couple of weeks base, before last weeks dip. Back at base level ASGN : Couple of weeks base, before last weeks dip. Back at base level PLXS : Range a little wide. Could be starting to base if volume dry up. SHOO : Couple of weeks basing. _________________________________________________________________ ___ Get free email and a permanent address at http://www.netaddress.com/?N=1 - - - - ------------------------------ Date: Sun, 23 Apr 2000 23:28:08 -0400 From: "Tom Worley" Subject: [CANSLIM] Futures gonna be an interesting day on Monday. While S&P100 still essentially flat at a down half percent, nasdaq has only gotten worse, now down nearly 2.5%. However, Asia is holding even on the major exchanges, or showing uptrends, so too early too call until Europe opens as well. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html - - ------------------------------ Date: Mon, 24 Apr 2000 12:05:40 +0200 From: Werner Vandewiele Subject: Re: [CANSLIM] futures Forgive me this newbie question: What does this imply? Does this mean the Nasdaq will open 61 points lower? At 07:09 PM 23-04-00 -0600, you wrote: >Who knows if this is meaningful, but right now (9 pm eastern), the >nasdaq futures are down 61 points. maybe a microsoft hangover? > >- Regards, <<< Werner Vandewiele >>> - - ------------------------------ Date: Mon, 24 Apr 2000 06:23:59 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] futures Werner, The state of futures trading can provide some clue on how the US markets may open, but futures trading is volatile and serves only as an indication, and only for the open. Right now the Naz futures are off 85 points, or roughly 2.4%, suggesting a substantial down opening (but not necessarily 2.4%). What we may be seeing more than anything is the absence of foreign investors, esp Asia and Europe, where most markets are closed for Easter. Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html - ----- Original Message ----- From: Werner Vandewiele To: Sent: Monday, April 24, 2000 6:05 AM Subject: Re: [CANSLIM] futures Forgive me this newbie question: What does this imply? Does this mean the Nasdaq will open 61 points lower? At 07:09 PM 23-04-00 -0600, you wrote: >Who knows if this is meaningful, but right now (9 pm eastern), the >nasdaq futures are down 61 points. maybe a microsoft hangover? > >- Regards, <<< Werner Vandewiele >>> - - - - ------------------------------ Date: Sun, 23 Apr 2000 22:54:25 -0400 From: Robert Subject: [CANSLIM] Acc/Dis Numbers here are the latest Acc/Dis Numbers. Happy Easter!!! Date A B C D E AB/A:E %E 4/17/00 954 2742 1381 1125 479 55 7 Spread Sheet version: Date,A,B,C,D,E,AB/A:E,%E 4/18/00,616,2454,1452,1369,623,47%,10% 4/19/00,588,2378,1437,1389,651,46%,10% 4/20/00,674,2468,1484,1339,592,48%,9% 4/24/00,694,2525,1470,1333,558,49%,8% Robert - - ------------------------------ Date: Mon, 24 Apr 2000 14:06:39 +0200 From: Werner Vandewiele Subject: Re: [CANSLIM] futures Thank you Tom From the web site: www.cme.com/cgi-bin/gflash.cgi CONTRACT LAST NET CHGE E-NASDAQ JUN00 3425.00 -11000 How do I read this? Net change -11000 Does that mean -110 points? Why do they right it as -11000? At 06:23 AM 24-04-00 -0400, you wrote: >Werner, > >The state of futures trading can provide some clue on how the US >markets may open, but futures trading is volatile and serves only >as an indication, and only for the open. Right now the Naz >futures are off 85 points, or roughly 2.4%, suggesting a >substantial down opening (but not necessarily 2.4%). What we may >be seeing more than anything is the absence of foreign investors, >esp Asia and Europe, where most markets are closed for Easter. > >Tom Worley >stkguru@netside.net >chat with me at ICQ # 5568838 >get ICQ software at http://www.icq.com/icqhomepage.html > > >----- Original Message ----- >From: Werner Vandewiele >To: >Sent: Monday, April 24, 2000 6:05 AM >Subject: Re: [CANSLIM] futures > > >Forgive me this newbie question: > >What does this imply? Does this mean the Nasdaq will open 61 >points lower? > > >At 07:09 PM 23-04-00 -0600, you wrote: > >Who knows if this is meaningful, but right now (9 pm eastern), >the > >nasdaq futures are down 61 points. maybe a microsoft >hangover? > > > >- > >Regards, > ><<< Werner Vandewiele >>> > > >- > > > >- Regards, <<< Werner Vandewiele >>> - - ------------------------------ Date: Mon, 24 Apr 2000 08:22:51 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] futures down 110 decimal 00, from 3535 decimal 00, or just over a 3% drop overnight (from Thursday's close). Tom Worley stkguru@netside.net chat with me at ICQ # 5568838 get ICQ software at http://www.icq.com/icqhomepage.html - ----- Original Message ----- From: Werner Vandewiele To: Sent: Monday, April 24, 2000 8:06 AM Subject: Re: [CANSLIM] futures Thank you Tom From the web site: www.cme.com/cgi-bin/gflash.cgi CONTRACT LAST NET CHGE E-NASDAQ JUN00 3425.00 -11000 How do I read this? Net change -11000 Does that mean -110 points? Why do they right it as -11000? At 06:23 AM 24-04-00 -0400, you wrote: >Werner, > >The state of futures trading can provide some clue on how the US >markets may open, but futures trading is volatile and serves only >as an indication, and only for the open. Right now the Naz >futures are off 85 points, or roughly 2.4%, suggesting a >substantial down opening (but not necessarily 2.4%). What we may >be seeing more than anything is the absence of foreign investors, >esp Asia and Europe, where most markets are closed for Easter. > >Tom Worley >stkguru@netside.net >chat with me at ICQ # 5568838 >get ICQ software at http://www.icq.com/icqhomepage.html > > >----- Original Message ----- >From: Werner Vandewiele >To: >Sent: Monday, April 24, 2000 6:05 AM >Subject: Re: [CANSLIM] futures > > >Forgive me this newbie question: > >What does this imply? Does this mean the Nasdaq will open 61 >points lower? > > >At 07:09 PM 23-04-00 -0600, you wrote: > >Who knows if this is meaningful, but right now (9 pm eastern), >the > >nasdaq futures are down 61 points. maybe a microsoft >hangover? > > > >- > >Regards, > ><<< Werner Vandewiele >>> > > >- > > > >- Regards, <<< Werner Vandewiele >>> - - - - ------------------------------ Date: Mon, 24 Apr 2000 05:42:44 -0700 (PDT) From: rolatzi Subject: [CANSLIM] Futures I heard this morning that MSFT is down 7 points in early trading because of a rumor flying that the justice department is going to break up the company into applications and operating system divisions. This 10% drop in MSFT would explain a good percentage of the drop in NASDAQ, no? __________________________________________________ Do You Yahoo!? Send online invitations with Yahoo! Invites. http://invites.yahoo.com - - ------------------------------ Date: Mon, 24 Apr 2000 10:36:05 -0700 From: Tim Fisher Subject: [CANSLIM] MNMD Seems to be breaking up hard for no good reason that I can find. This usually means rumors. Horrible chart, M stinks, etc. Just thought I'd mention it. I looked at APCC and am wowed. Should have bot it when I switched to defensive techs. It was even on my list. Oh well, at least I have AMD... P.S. I looked at WMT and I really don't see what the big deal is there. It looks like a 50/50 chance it will break up vs. down to me. Can someone explain the allure to me? Go MCD! Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - - ------------------------------ End of canslim-digest V2 #882 ***************************** To unsubscribe to canslim-digest, send an email to "majordomo@xmission.com" with "unsubscribe canslim-digest" in the body of the message. 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