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From: owner-canslim-digest@lists.xmission.com (canslim-digest)
To: canslim-digest@lists.xmission.com
Subject: canslim-digest V2 #1144
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, February 19 2001 Volume 02 : Number 1144
In this issue:
RE: [CANSLIM] Basis for my "DGO List" every week
RE: [CANSLIM] Basis for my "DGO List" every week
[CANSLIM] DGO vs. IBD newspaper
Re: [CANSLIM] Introduction
Re: [CANSLIM] TRR
Re: [CANSLIM] Technical Analysis
Re: [CANSLIM] DGO vs. IBD newspaper
Re: [CANSLIM] Introduction
Re: [CANSLIM] DGO List - Part Three (and final!!)
RE: [CANSLIM] TRR
Re: [CANSLIM] DGO vs. IBD newspaper
Re: [CANSLIM] DGO vs. IBD newspaper
RE: [CANSLIM] DGO vs. IBD newspaper
Re: [CANSLIM] Leaders List
Re: [CANSLIM] Leaders List
Re: [CANSLIM] DGO List - Part Three (and final!!)
Re: [CANSLIM] Leaders List
Re: [CANSLIM] DGO List - Part Three (and final!!)
[CANSLIM] Motley Fool Mechanical Investing
RE: [CANSLIM] DGO List - Part Three (and final!!)
Re: [CANSLIM] DGO List - Part Three (and final!!)
Re: [CANSLIM] Leaders List
Re: [CANSLIM] Motley Fool Mechanical Investing
----------------------------------------------------------------------
Date: Mon, 19 Feb 2001 10:13:54 -0600
From: "Lonnie Lepp" <tllepp@wt.net>
Subject: RE: [CANSLIM] Basis for my "DGO List" every week
Hi Tom
Thanks for mentoring so many people
I like that you are sharing your experience
BTW what does "B3" and such mean
I think that you are saying this is the 2 base formed
Good hunting
Lonnie Lepp
tllepp@wt.net
- -----Original Message-----
From: owner-canslim@lists.xmission.com
[mailto:owner-canslim@lists.xmission.com]On Behalf Of Tom Worley
Sent: Sunday, February 18, 2001 5:53 PM
To: CANSLIM
Subject: [CANSLIM] Basis for my "DGO List" every week
Along with the fresh impetus to do intros, since my contribution
has become a regular feature, thought I should explain it a
little.
The basic list is from Daily Graphs Online (DGO) and is those
stocks that first, are in the Daily Graphs books (meaning they
met some volume and price criteria, as well as group ranking),
then are also showing as of Friday (the day I choose to do my
review) an RS and EPS of both 80 or better. To make the overall
list, they must also have traded (but not necessarily closed) at
or within 5% of a new 12 month high sometime during the prior
week.
I suspect the size of the overall list, possibly minus those
stocks then under some form of a buyout, might permit creating a
numerical rating for "M", but I have not had the time or ability
to prove this scientifically. Hence, my weekly comments on prior
week's totals.
My review of the charts themselves is intended solely to produce
"possible" candidates for someone's WATCH list. Specifically, my
list is in no way intended as a "buy" list. All I am trying to
do, is to provide some stocks that meet basic CANSLIM criteria,
and are also presently showing some kind of base worth
monitoring. When I review the charts, I try to look only at the
chart itself, without regard to any other CS factors (since RS
and EPS of 80 or better is already established). Occasionally,
the peculiarity of the chart may lead me to examine it more
closely, and I will add some comments as I did tonight. I ignore
my personal bias against certain industry sectors (having to list
so many banks really irks me, BTW).
It is highly unlikely that any stocks on this list are being
bought by myself personally, as I continue to buy small and
microcap, thinly traded and often low priced, stocks. These
usually fail the original test to make it into the books in the
first place (witness EPIQ, which was already up over 100% by the
time it was listed in the books). I just hope that this resource
provides those members, who have chosen not to pay the cost of
DGO, with some authentic CANSLIM based candidates.
Happy hunting,
Tom Worley
stkguru@netside.net
ICQ # 5568838
- -
- -
------------------------------
Date: Mon, 19 Feb 2001 10:29:56 -0600
From: "Lonnie Lepp" <tllepp@wt.net>
Subject: RE: [CANSLIM] Basis for my "DGO List" every week
Opps
You already answered my question.
Lonnie Lepp
tllepp@wt.net
- -----Original Message-----
From: owner-canslim@lists.xmission.com
[mailto:owner-canslim@lists.xmission.com]On Behalf Of Lonnie Lepp
Sent: Monday, February 19, 2001 10:14 AM
To: canslim@lists.xmission.com
Subject: RE: [CANSLIM] Basis for my "DGO List" every week
Hi Tom
Thanks for mentoring so many people
I like that you are sharing your experience
BTW what does "B3" and such mean
I think that you are saying this is the 2 base formed
Good hunting
Lonnie Lepp
tllepp@wt.net
- -----Original Message-----
From: owner-canslim@lists.xmission.com
[mailto:owner-canslim@lists.xmission.com]On Behalf Of Tom Worley
Sent: Sunday, February 18, 2001 5:53 PM
To: CANSLIM
Subject: [CANSLIM] Basis for my "DGO List" every week
Along with the fresh impetus to do intros, since my contribution
has become a regular feature, thought I should explain it a
little.
The basic list is from Daily Graphs Online (DGO) and is those
stocks that first, are in the Daily Graphs books (meaning they
met some volume and price criteria, as well as group ranking),
then are also showing as of Friday (the day I choose to do my
review) an RS and EPS of both 80 or better. To make the overall
list, they must also have traded (but not necessarily closed) at
or within 5% of a new 12 month high sometime during the prior
week.
I suspect the size of the overall list, possibly minus those
stocks then under some form of a buyout, might permit creating a
numerical rating for "M", but I have not had the time or ability
to prove this scientifically. Hence, my weekly comments on prior
week's totals.
My review of the charts themselves is intended solely to produce
"possible" candidates for someone's WATCH list. Specifically, my
list is in no way intended as a "buy" list. All I am trying to
do, is to provide some stocks that meet basic CANSLIM criteria,
and are also presently showing some kind of base worth
monitoring. When I review the charts, I try to look only at the
chart itself, without regard to any other CS factors (since RS
and EPS of 80 or better is already established). Occasionally,
the peculiarity of the chart may lead me to examine it more
closely, and I will add some comments as I did tonight. I ignore
my personal bias against certain industry sectors (having to list
so many banks really irks me, BTW).
It is highly unlikely that any stocks on this list are being
bought by myself personally, as I continue to buy small and
microcap, thinly traded and often low priced, stocks. These
usually fail the original test to make it into the books in the
first place (witness EPIQ, which was already up over 100% by the
time it was listed in the books). I just hope that this resource
provides those members, who have chosen not to pay the cost of
DGO, with some authentic CANSLIM based candidates.
Happy hunting,
Tom Worley
stkguru@netside.net
ICQ # 5568838
- -
- -
- -
------------------------------
Date: Mon, 19 Feb 2001 13:22:19 -0500
From: "Rick's RoadRunner" <RickParsons@Columbus.rr.com>
Subject: [CANSLIM] DGO vs. IBD newspaper
Does DGO offer all the information that is found in the IBD newspaper?
Is there any advantage to having both?
Thanks,
Rick
- -
------------------------------
Date: Mon, 19 Feb 2001 10:48:17 -0800 (PST)
From: John <jokguger@yahoo.com>
Subject: Re: [CANSLIM] Introduction
One more introduction.
I have only recently started reading this list. I
have been investing in stocks for 30 years, but only
intensively in since I retired six years ago. I have
read many investment books, including OÆNeilÆs.
My investing style, like most I suspect, is a mixture
of everything that I have learned. I would call
myself an intermediate term trader -- I have nothing
against holding stocks longer, but in recent years
that hasnÆt seemed to be the most profitable approach.
I am looking forward to exchanging ideas
John
__________________________________________________
Do You Yahoo!?
Get personalized email addresses from Yahoo! Mail - only $35
a year! http://personal.mail.yahoo.com/
- -
------------------------------
Date: Mon, 19 Feb 2001 14:22:33 -0500
From: "Steven Limbert" <canslimsl@hotmail.com>
Subject: Re: [CANSLIM] TRR
Very short base.........
SL
>From: Vanchee1@aol.com
>Reply-To: canslim@lists.xmission.com
>To: canslim@xmission.com
>Subject: [CANSLIM] TRR
>Date: Sat, 17 Feb 2001 20:53:41 EST
>
>I'm taking a deeper look at this TRR, so far all is looking good. The only
>thing I don't like so far is the PE at 32. I normally like stocks with
>lower
>PE allows more room for price appreciation. If anyone has time check it out
>and tell me you impressions.
>
>Chris.
_________________________________________________________________
Get your FREE download of MSN Explorer at http://explorer.msn.com
- -
------------------------------
Date: Mon, 19 Feb 2001 12:43:39 -0800 (PST)
From: Mike Heath <rotospud@yahoo.com>
Subject: Re: [CANSLIM] Technical Analysis
>Can somebody recommend a good book on Technical
Analysis?
A book recommended to me as a good introductory
technical analysis book is "The Visual Investor: How
to Spot Market Trends," by John Murphy.
I just recently purchased this book and should begin
reading it this week or next.
Mike
__________________________________________________
Do You Yahoo!?
Get personalized email addresses from Yahoo! Mail - only $35
a year! http://personal.mail.yahoo.com/
- -
------------------------------
Date: Mon, 19 Feb 2001 16:27:51 -0500
From: "Tom Worley" <stkguru@netside.net>
Subject: Re: [CANSLIM] DGO vs. IBD newspaper
DGO is the online version of the Daily Graphs books. About the
only thing in common with IBD would be the data on individual
stocks (e.g. the stock tables in the paper).
Tom Worley
stkguru@netside.net
ICQ # 5568838
- ----- Original Message -----
From: Rick's RoadRunner <RickParsons@Columbus.rr.com>
To: <canslim@lists.xmission.com>
Sent: Monday, February 19, 2001 1:22 PM
Subject: [CANSLIM] DGO vs. IBD newspaper
Does DGO offer all the information that is found in the IBD
newspaper?
Is there any advantage to having both?
Thanks,
Rick
- -
- -
------------------------------
Date: Mon, 19 Feb 2001 16:31:00 -0500
From: "Tom Worley" <stkguru@netside.net>
Subject: Re: [CANSLIM] Introduction
Welcome John,
Feel free to share your ideas and experience, especially as it
applies to CANSLIM. With 30 years experience, it is always
useful, especially to those new to CANSLIM, to hear what worked
and didn't work for you, as well as how CANSLIM is doing for you
compared to other methods.
Tom Worley
stkguru@netside.net
ICQ # 5568838
- ----- Original Message -----
From: John <jokguger@yahoo.com>
To: <canslim@lists.xmission.com>
Sent: Monday, February 19, 2001 1:48 PM
Subject: Re: [CANSLIM] Introduction
One more introduction.
I have only recently started reading this list. I
have been investing in stocks for 30 years, but only
intensively in since I retired six years ago. I have
read many investment books, including O'Neil's.
My investing style, like most I suspect, is a mixture
of everything that I have learned. I would call
myself an intermediate term trader -- I have nothing
against holding stocks longer, but in recent years
that hasn't seemed to be the most profitable approach.
I am looking forward to exchanging ideas
John
__________________________________________________
Do You Yahoo!?
Get personalized email addresses from Yahoo! Mail - only $35
a year! http://personal.mail.yahoo.com/
- -
- -
------------------------------
Date: Mon, 19 Feb 2001 13:33:53 -0800
From: Joe Maguire <firedudejoe@earthlink.net>
Subject: Re: [CANSLIM] DGO List - Part Three (and final!!)
TOM, [yes caps]...thank you ..belatedly [sp.] for all of your great
comments and work you share with us all.Good stuff
..esp. like your DGO list..interesting a note of another re list is
very similar to IBD Fri. weekly stocks. best regards ,Joe Maguire...San
Diego {intro. on Joe soon when typing skills get faster...aka
ex-stockbroker [like Tom]1965-1972+- La Jolla ,Calif.}
Tom Worley wrote:
> TSS - 2 week handle on a very shallow cup after a large price
> gain, volume inconsistent
> MAXS - B2+
> SJT - B3
> DME - putting in a high handle (B2) on shallow cup?
> NE - B2, base on base?
> EV - B6, volume inconsistent and high
> PDQ - B4
> FRC - B6, volume down
> ALAB - B6
> RGA - B2 on a funnel formation
> SUB - B6
> BFR - B4-, buyout in progress?, Argentina private bank, so who
> knows?
> OKSB - B2 after a big gain
> PII - B2
> FNFG - B2+
> UCU - small cup with short handle, broke out 10 days ago, now at
> 2nd pivot (at left rim)
> BWE - B5
> LTR - B2 handle on the cup
> CFFN - B6
> BKNG - B4
> FSLA - B6
> BCS - B9
> CLC - B3+
> BANR - B3+
> CNI - B2+
> ALLE - B2
> BOKF - B6, nice tight trading range, I can't believe how many
> financial stocks I am having to list here
> BPOP - B4
>
> Tom Worley
> stkguru@netside.net
> ICQ # 5568838
>
> -
- -
------------------------------
Date: Mon, 19 Feb 2001 17:27:13 -0500
From: "Rick Parsons" <RickParsons@Columbus.rr.com>
Subject: RE: [CANSLIM] TRR
Chris,
If you are going to follow Canslim, you should go over the lesson at:
http://www.investors.com/learn/B.asp
Especially the section on New Highs.
Here is an excerpt:
Buy High, Sell Higher
How many times have you heard the phrase, "buy low, sell high"? This is the
conventional wisdom in the investment world, but research shows you
shouldn't be concerned with that part about buying low. Let's walk through
this one step at a time. Research shows that the best-performing stocks make
new highs before they make their major leaps in price. Moreover, stocks at
new highs tend to continue moving higher, while stocks making new lows tend
to continue to move even lower.
This is a concept many investors find difficult to accept. They assume it's
too late to buy a stock that's reached an all-time high. But the great
paradox of the stock market, as Investor's Business Daily Founder William
O'Neil calls it, is "What seems too high and risky to most investors is
likely to continue rising. And what seems low and cheap usually goes down."
Think about it. If a stock goes from $15 to $50 it has to reach new highs at
$16, $17, $18 and so on. Stocks making new lows, on the other hand, are
manifesting inherent weaknesses.
Rick
>From: Vanchee1@aol.com
>Reply-To: canslim@lists.xmission.com
>To: canslim@xmission.com
>Subject: [CANSLIM] TRR
>Date: Sat, 17 Feb 2001 20:53:41 EST
>
>I'm taking a deeper look at this TRR, so far all is looking good. The only
>thing I don't like so far is the PE at 32. I normally like stocks with
>lower
>PE allows more room for price appreciation. If anyone has time check it out
>and tell me you impressions.
>
>Chris.
_________________________________________________________________
Get your FREE download of MSN Explorer at http://explorer.msn.com
- -
- -
------------------------------
Date: Mon, 19 Feb 2001 17:17:31 -0700
From: esetser <esetser@covad.net>
Subject: Re: [CANSLIM] DGO vs. IBD newspaper
No. DGO and IBD offer different data. From a pure data standpoint, IBD
offers sponsorship rank (Tuesdays) and a composite ranking that aren't
available in IBD. DGO offers a HUGE amount of data not normally found in
IBD such as Timeliness Rank, Group RS (a numerical rank, not just A-E), Qtr
Earnings and Sales figures for the last 4 quarters, Annual earning figures
for the last 5 or more years, ROE, Institution Ownership, etc., etc., etc.
I am getting both now, and I'm finding that DGO provides me with the data I
need to generate watch lists, research stocks, and look at charts. On the
other hand, I find IBD useful particularly for the Investor's Corner and
The Big Picture. Checking the website, I see that Investor's Corner is
available from the website to anyone, but you need to subscribe to get the
Big Picture.
I'm not sure right now if I want to depend exclusively on DGO for my watch
lists. I have found the IBD Weekend Review and Stocks in the News to be
great sources of stock candidates. I need to take a look at these features
and make sure my DGO Index List screening is covering all of the candidates
of interest. I'm still working out how I use DGO to generate my list, so I
haven't yet done any comparisons to see what I may or may not be missing.
In summary, there are many different features and data in each source, and
I'm not sure if I will continue with IBD after my subscription expires or not.
At 01:22 PM 2/19/01 -0500, you wrote:
>Does DGO offer all the information that is found in the IBD newspaper?
>Is there any advantage to having both?
>
>Thanks,
>Rick
>
>-
>
>
>
- -
------------------------------
Date: Mon, 19 Feb 2001 19:46:55 -0500
From: "Tom Worley" <stkguru@netside.net>
Subject: Re: [CANSLIM] DGO vs. IBD newspaper
Earl, one correction. DGO gives eight, not four, quarters of
earnings and sales. It also gives the year to year percentage
change on both for the latest four quarters. One point to
remember with the earnings data is that they strip out any "non
recurring" effects, so it may not agree with other sites, or even
the actual release from the company.
I think IBD is most useful to the newcomer to investing, or to
CANSLIM, as it gives you many educational articles and
information. Once you have developed your own personal screening
method, and set your tolerance levels, etc., it becomes less
useful, especially if your time is limited.
Tom Worley
stkguru@netside.net
ICQ # 5568838
- ----- Original Message -----
From: esetser <esetser@covad.net>
To: <canslim@lists.xmission.com>
Sent: Monday, February 19, 2001 7:17 PM
Subject: Re: [CANSLIM] DGO vs. IBD newspaper
No. DGO and IBD offer different data. From a pure data
standpoint, IBD
offers sponsorship rank (Tuesdays) and a composite ranking that
aren't
available in IBD. DGO offers a HUGE amount of data not normally
found in
IBD such as Timeliness Rank, Group RS (a numerical rank, not just
A-E), Qtr
Earnings and Sales figures for the last 4 quarters, Annual
earning figures
for the last 5 or more years, ROE, Institution Ownership, etc.,
etc., etc.
I am getting both now, and I'm finding that DGO provides me with
the data I
need to generate watch lists, research stocks, and look at
charts. On the
other hand, I find IBD useful particularly for the Investor's
Corner and
The Big Picture. Checking the website, I see that Investor's
Corner is
available from the website to anyone, but you need to subscribe
to get the
Big Picture.
I'm not sure right now if I want to depend exclusively on DGO for
my watch
lists. I have found the IBD Weekend Review and Stocks in the
News to be
great sources of stock candidates. I need to take a look at
these features
and make sure my DGO Index List screening is covering all of the
candidates
of interest. I'm still working out how I use DGO to generate my
list, so I
haven't yet done any comparisons to see what I may or may not be
missing.
In summary, there are many different features and data in each
source, and
I'm not sure if I will continue with IBD after my subscription
expires or not.
At 01:22 PM 2/19/01 -0500, you wrote:
>Does DGO offer all the information that is found in the IBD
newspaper?
>Is there any advantage to having both?
>
>Thanks,
>Rick
>
>-
>
>
>
- -
- -
------------------------------
Date: Mon, 19 Feb 2001 19:35:36 -0500
From: "Rick Parsons" <RickParsons@Columbus.rr.com>
Subject: RE: [CANSLIM] DGO vs. IBD newspaper
Thanks to all those who answered my question!
Rick
- -----Original Message-----
From: owner-canslim@lists.xmission.com
[mailto:owner-canslim@lists.xmission.com]On Behalf Of esetser
Sent: Monday, February 19, 2001 7:18 PM
To: canslim@lists.xmission.com
Subject: Re: [CANSLIM] DGO vs. IBD newspaper
No. DGO and IBD offer different data. From a pure data standpoint, IBD
offers sponsorship rank (Tuesdays) and a composite ranking that aren't
available in IBD. DGO offers a HUGE amount of data not normally found in
IBD such as Timeliness Rank, Group RS (a numerical rank, not just A-E), Qtr
Earnings and Sales figures for the last 4 quarters, Annual earning figures
for the last 5 or more years, ROE, Institution Ownership, etc., etc., etc.
I am getting both now, and I'm finding that DGO provides me with the data I
need to generate watch lists, research stocks, and look at charts. On the
other hand, I find IBD useful particularly for the Investor's Corner and
The Big Picture. Checking the website, I see that Investor's Corner is
available from the website to anyone, but you need to subscribe to get the
Big Picture.
I'm not sure right now if I want to depend exclusively on DGO for my watch
lists. I have found the IBD Weekend Review and Stocks in the News to be
great sources of stock candidates. I need to take a look at these features
and make sure my DGO Index List screening is covering all of the candidates
of interest. I'm still working out how I use DGO to generate my list, so I
haven't yet done any comparisons to see what I may or may not be missing.
In summary, there are many different features and data in each source, and
I'm not sure if I will continue with IBD after my subscription expires or
not.
At 01:22 PM 2/19/01 -0500, you wrote:
>Does DGO offer all the information that is found in the IBD newspaper?
>Is there any advantage to having both?
>
>Thanks,
>Rick
>
>-
>
>
>
- -
- -
------------------------------
Date: Mon, 19 Feb 2001 19:57:51 -0500
From: "Gary W. Horan Jr." <ghoran@home.com>
Subject: Re: [CANSLIM] Leaders List
What is the DGO Printed Product list?
- ----- Original Message -----
From: esetser <esetser@covad.net>
To: <canslim@xmission.com>
Sent: Saturday, February 10, 2001 5:49 PM
Subject: [CANSLIM] Leaders List
> Well, here's the end of a new experiment. I used the DGO Printed Product
> list to generate the list this weekend. I started with all stocks at
80/80
> EPS/RS, and Group RS above 76 (about the top 60 groups). Then I use my
> formula to combine the EPS/RS/A-D/SMR/Spons ranks into a single rank. I
> selected the top 100 (roughly) stocks based on this ranking. The
following
> list has most of those I think look best for the next week or so at the
top
> of the list. Please, you should always do your own technical and
> fundamental analysis. (Standard disclaimer: I own TYC, ASHW, CHCS, GBL,
> and GIL.)
>
> PATH
> IMPH
> ESRX
> GMCR
> EDMC
> SWBT
> BLK
> SLOT
> ESI
> FII
> BNKU
> WTM
> CAH
> BDY
> KBH
> LNCR
> CPN
> ANF
> THX
> NRG
> FTS
> SHOO
> DV
> DYN
> LTRE
> DIAN
> KP
> FED
> WDR
> GNWR
> OK
> NFB
> FITB
> WM
> BBT
> OAT
> RCBK
> CHIC
> APOL
> USPH
> SKX
> CHBS
> HOTT
> AMSGB
> SHFL
> DORL
> UCBH
> MTH
> GCO
> CHCS
> ACF
> KNGT
> BZH
> AMSGA
> NYCB
> IGT
> EASI
> PHCC
> RGFC
> SNV
> AGM
> CORS
> KMP
> LEN
> PDII
> COCO
> CACOA
> JNY
> PDS
> TBL
> SP
> EWBC
> CFR
> NVR
> HP
> TOS
> SBIB
> PORT
> IRWN
> PLB
> AFWY
> NCBC
> COLM
> GIL
> MHI
> SPF
> LLL
> AMRI
> ABK
> SUB
> MDC
> RYL
> IBKC
> EXCO
> ADVP
> EPD
> MTB
> RHB
> INBI
> FMN
> GBBK
> ZQK
> SERO
> PVA
> TRBS
> HI
> SCOR
> GSY
> AVNT
> MHO
> RCGI
> ALAB
> STU
> RY
> BOKF
> WBB
> BWE
> ADSK
> HNP
> FRC
> WBPR
> DSL
> ATK
>
> -
>
>
- -
------------------------------
Date: Mon, 19 Feb 2001 19:57:51 -0500
From: "Gary W. Horan Jr." <ghoran@home.com>
Subject: Re: [CANSLIM] Leaders List
What is the DGO Printed Product list?
- ----- Original Message -----
From: esetser <esetser@covad.net>
To: <canslim@xmission.com>
Sent: Saturday, February 10, 2001 5:49 PM
Subject: [CANSLIM] Leaders List
> Well, here's the end of a new experiment. I used the DGO Printed Product
> list to generate the list this weekend. I started with all stocks at
80/80
> EPS/RS, and Group RS above 76 (about the top 60 groups). Then I use my
> formula to combine the EPS/RS/A-D/SMR/Spons ranks into a single rank. I
> selected the top 100 (roughly) stocks based on this ranking. The
following
> list has most of those I think look best for the next week or so at the
top
> of the list. Please, you should always do your own technical and
> fundamental analysis. (Standard disclaimer: I own TYC, ASHW, CHCS, GBL,
> and GIL.)
>
> PATH
> IMPH
> ESRX
> GMCR
> EDMC
> SWBT
> BLK
> SLOT
> ESI
> FII
> BNKU
> WTM
> CAH
> BDY
> KBH
> LNCR
> CPN
> ANF
> THX
> NRG
> FTS
> SHOO
> DV
> DYN
> LTRE
> DIAN
> KP
> FED
> WDR
> GNWR
> OK
> NFB
> FITB
> WM
> BBT
> OAT
> RCBK
> CHIC
> APOL
> USPH
> SKX
> CHBS
> HOTT
> AMSGB
> SHFL
> DORL
> UCBH
> MTH
> GCO
> CHCS
> ACF
> KNGT
> BZH
> AMSGA
> NYCB
> IGT
> EASI
> PHCC
> RGFC
> SNV
> AGM
> CORS
> KMP
> LEN
> PDII
> COCO
> CACOA
> JNY
> PDS
> TBL
> SP
> EWBC
> CFR
> NVR
> HP
> TOS
> SBIB
> PORT
> IRWN
> PLB
> AFWY
> NCBC
> COLM
> GIL
> MHI
> SPF
> LLL
> AMRI
> ABK
> SUB
> MDC
> RYL
> IBKC
> EXCO
> ADVP
> EPD
> MTB
> RHB
> INBI
> FMN
> GBBK
> ZQK
> SERO
> PVA
> TRBS
> HI
> SCOR
> GSY
> AVNT
> MHO
> RCGI
> ALAB
> STU
> RY
> BOKF
> WBB
> BWE
> ADSK
> HNP
> FRC
> WBPR
> DSL
> ATK
>
> -
>
>
- -
------------------------------
Date: Mon, 19 Feb 2001 19:07:08 -0600
From: "Norman" <theboyd@tisd.net>
Subject: Re: [CANSLIM] DGO List - Part Three (and final!!)
Tom,
How long does it take you to develop these 'watch' lists you so graciously
provide us with (and I mean that sincerely, not as sarcasm)?
Norman
- ----- Original Message -----
From: "Tom Worley" <stkguru@netside.net>
To: "CANSLIM" <canslim@xmission.com>
Sent: Sunday, February 18, 2001 5:34 PM
Subject: [CANSLIM] DGO List - Part Three (and final!!)
> TSS - 2 week handle on a very shallow cup after a large price
> gain, volume inconsistent
> MAXS - B2+
> SJT - B3
> DME - putting in a high handle (B2) on shallow cup?
> NE - B2, base on base?
> EV - B6, volume inconsistent and high
> PDQ - B4
> FRC - B6, volume down
> ALAB - B6
> RGA - B2 on a funnel formation
> SUB - B6
> BFR - B4-, buyout in progress?, Argentina private bank, so who
> knows?
> OKSB - B2 after a big gain
> PII - B2
> FNFG - B2+
> UCU - small cup with short handle, broke out 10 days ago, now at
> 2nd pivot (at left rim)
> BWE - B5
> LTR - B2 handle on the cup
> CFFN - B6
> BKNG - B4
> FSLA - B6
> BCS - B9
> CLC - B3+
> BANR - B3+
> CNI - B2+
> ALLE - B2
> BOKF - B6, nice tight trading range, I can't believe how many
> financial stocks I am having to list here
> BPOP - B4
>
> Tom Worley
> stkguru@netside.net
> ICQ # 5568838
>
>
>
>
> -
>
>
- -
------------------------------
Date: Mon, 19 Feb 2001 20:05:03 -0500
From: "Tom Worley" <stkguru@netside.net>
Subject: Re: [CANSLIM] Leaders List
Gary, it is the index to the Daily Graphs books. Two volumes, one
for NYSE and one for NASDAQ / AMEX. Only about half of all stocks
are listed in the books, based on volume, price and standing in
their industry, among other factors. Preferred stocks, warrants
and mutual funds are not listed.
Tom Worley
stkguru@netside.net
ICQ # 5568838
- ----- Original Message -----
From: Gary W. Horan Jr. <ghoran@home.com>
To: <canslim@lists.xmission.com>; <canslim@xmission.com>
Sent: Monday, February 19, 2001 7:57 PM
Subject: Re: [CANSLIM] Leaders List
What is the DGO Printed Product list?
- ----- Original Message -----
From: esetser <esetser@covad.net>
To: <canslim@xmission.com>
Sent: Saturday, February 10, 2001 5:49 PM
Subject: [CANSLIM] Leaders List
> Well, here's the end of a new experiment. I used the DGO
Printed Product
> list to generate the list this weekend. I started with all
stocks at
80/80
> EPS/RS, and Group RS above 76 (about the top 60 groups). Then
I use my
> formula to combine the EPS/RS/A-D/SMR/Spons ranks into a single
rank. I
> selected the top 100 (roughly) stocks based on this ranking.
The
following
> list has most of those I think look best for the next week or
so at the
top
> of the list. Please, you should always do your own technical
and
> fundamental analysis. (Standard disclaimer: I own TYC, ASHW,
CHCS, GBL,
> and GIL.)
>
> PATH
> IMPH
> ESRX
> GMCR
> EDMC
> SWBT
> BLK
> SLOT
> ESI
> FII
> BNKU
> WTM
> CAH
> BDY
> KBH
> LNCR
> CPN
> ANF
> THX
> NRG
> FTS
> SHOO
> DV
> DYN
> LTRE
> DIAN
> KP
> FED
> WDR
> GNWR
> OK
> NFB
> FITB
> WM
> BBT
> OAT
> RCBK
> CHIC
> APOL
> USPH
> SKX
> CHBS
> HOTT
> AMSGB
> SHFL
> DORL
> UCBH
> MTH
> GCO
> CHCS
> ACF
> KNGT
> BZH
> AMSGA
> NYCB
> IGT
> EASI
> PHCC
> RGFC
> SNV
> AGM
> CORS
> KMP
> LEN
> PDII
> COCO
> CACOA
> JNY
> PDS
> TBL
> SP
> EWBC
> CFR
> NVR
> HP
> TOS
> SBIB
> PORT
> IRWN
> PLB
> AFWY
> NCBC
> COLM
> GIL
> MHI
> SPF
> LLL
> AMRI
> ABK
> SUB
> MDC
> RYL
> IBKC
> EXCO
> ADVP
> EPD
> MTB
> RHB
> INBI
> FMN
> GBBK
> ZQK
> SERO
> PVA
> TRBS
> HI
> SCOR
> GSY
> AVNT
> MHO
> RCGI
> ALAB
> STU
> RY
> BOKF
> WBB
> BWE
> ADSK
> HNP
> FRC
> WBPR
> DSL
> ATK
>
> -
>
>
- -
- -
------------------------------
Date: Mon, 19 Feb 2001 20:14:00 -0500
From: "Tom Worley" <stkguru@netside.net>
Subject: Re: [CANSLIM] DGO List - Part Three (and final!!)
Hi Norman,
It depends a lot on how my PC and my ISP are getting along. If
the connection is working well to DGO, it takes me about 20-30
seconds per chart, so multiply that times the nr in the list,
plus a little more to type the comments. I've been tuning up this
aging 486 tonight at www.PCpitstop.com suggested by some members,
great site. So maybe next week will be a little faster.
Tom Worley
stkguru@netside.net
ICQ # 5568838
- ----- Original Message -----
From: Norman <theboyd@tisd.net>
To: <canslim@lists.xmission.com>
Sent: Monday, February 19, 2001 8:07 PM
Subject: Re: [CANSLIM] DGO List - Part Three (and final!!)
Tom,
How long does it take you to develop these 'watch' lists you so
graciously
provide us with (and I mean that sincerely, not as sarcasm)?
Norman
- ----- Original Message -----
From: "Tom Worley" <stkguru@netside.net>
To: "CANSLIM" <canslim@xmission.com>
Sent: Sunday, February 18, 2001 5:34 PM
Subject: [CANSLIM] DGO List - Part Three (and final!!)
> TSS - 2 week handle on a very shallow cup after a large price
- -
------------------------------
Date: Mon, 19 Feb 2001 20:16:57 -0500
From: "Rick Parsons" <RickParsons@Columbus.rr.com>
Subject: [CANSLIM] Motley Fool Mechanical Investing
Since I am new to this board, please forgive me if this subject has alrea=
dy
been covered in previous posts.
The Motley Fool used to run a Mechanical Investing Workshop (
http://www.fool.com/workshop/down.htm ) which used screens to select stoc=
ks.
The forum members spent an immense amount of time back testing the screen=
s
as far back as 15 years.
Almost all screens are based on using only stocks that rate #1 on Value
Line's Timeliness. Currently Motley Fool had to suspend their Mechanical
Investing Workshop due to a dispute with Value Line. The forum is still
active. But that is another issue.
It is interesting to note that one of the best performing screens was cal=
led
the Formula 90.
Here is a description of the screen.
Method:
1. Using ValueLine, begin with all stocks with Timeliness Rank =3D 1.
2. Keep those stocks with an Earnings Per Share rank of 90 or higher in
Investor=92s Business Daily.
3. Perform a primary descending sort using Investor=92s Business Daily=92=
s Stock
Relative Strength rank.
4. Perform a secondary descending sort using Investor=92s Business Daily=92=
s
Accumulation/Distribution rank.
5. Keep the top 10. (Can keep the top 5 or 3 or whatever)
Every 4 weeks or every month (or week, quarter, year) run the screen agai=
n
and buy the new stocks that appear and sell those that drop off the list.
Try to keep equal amounts invested in each stock.
Here are the returns for holding the top 5 stocks:
12-Month Returns
1/85 to 1/86 56.3%
1/86 to 1/87 29.3%
1/87 to 1/88 14.8%
1/88 to 1/89 -3.0%
1/89 to 1/90 28.9%
1/90 to 1/91 14.1%
1/91 to 1/92 138.8%
1/92 to 1/93 31.6%
1/93 to 1/94 44.5%
1/94 to 1/95 13.7%
1/95 to 1/96 33.1%
1/96 to 1/97 57.3%
1/97 to 1/98 8.8%
1/98 to 1/99 108.0%
Summary
CAGR 36.9%
GSD 28.2%
S&P 500 CAGR 16.7%
CAGR + 3 sigma 188.5%
CAGR + 2 sigma 125.0%
CAGR + 1 sigma 75.5%
CAGR =96 1 sigma 6.7%
CAGR =96 2 sigma -16.7%
CAGR =96 3 sigma -35.1%
This is just one screen of many which have show good returns when
backtested.
The reason for bringing this up, is that there may be some value of
incorporating ValueLines Timeliness rank of #1 when screening for IDB or
Canslim type stocks.
Here is another screen:
RELATIVE STRENGTH - IBD
Method: 1. Using ValueLine, begin with all stocks with Timeliness Rank =3D=
1.
2. Perform a primary descending sort using Investor=92s Business Daily=92=
s Stock
Relative Strength rank.
3. Perform a secondary descending sort using Investor=92s Business Daily=92=
s
Earnings Per Share rank.
4. Perform a tertiary descending sort using Investor=92s Business Daily=92=
s
Accumulation/Distribution rank.
5. Keep the top 5. (or 10 or 3 depending on your choice)
The main difference with this screen is it sorts by RS first rather than
EPS.
Here are the results of backtesting:
12-Month Returns
1/85 to 1/86 41.3%
1/86 to 1/87 28.0%
1/87 to 1/88 10.0%
1/88 to 1/89 0.7%
1/89 to 1/90 59.9%
1/90 to 1/91 2.1%
1/91 to 1/92 101.9%
1/92 to 1/93 22.9%
1/93 to 1/94 51.5%
1/94 to 1/95 6.0%
1/95 to 1/96 32.6%
1/96 to 1/97 32.3%
1/97 to 1/98 53.4%
1/98 to 1/99 151.5%
Summary
CAGR 37.7%
GSD 29.7%
S&P 500 CAGR 16.7%
CAGR + 3 sigma 200.6%
CAGR + 2 sigma 131.8%
CAGR + 1 sigma 78.6%
CAGR =96 1 sigma 6.2%
CAGR =96 2 sigma -18.2%
CAGR =96 3 sigma -36.9%
Those of you who want more information, start with
http://www.davidcompton.com/MI_update.html
This site is a little overwhelming but has just about every bit of
information you will need.
Ciao,
Rick
- -
------------------------------
Date: Mon, 19 Feb 2001 20:27:22 -0500
From: "Rick Parsons" <RickParsons@Columbus.rr.com>
Subject: RE: [CANSLIM] DGO List - Part Three (and final!!)
Good grief, Tom! You really should upgrade your computer to a Pentium III
considering how much time you are wasting waiting for stocks to load. Your
time is very valuable!! Think about how much more research you can do if
things were much faster.
I have a Pentium II, 300 MHZ on a cable modem (RoadRunner). Most website
pages pop up in about 3 to 5 seconds.
I'm online 24 hours a day and don't have to tie up a phone line. I'm not
trying to brag about it but trying to nudge you along to something faster.
Once you upgrade, you'll wonder how you ever got along without it.
:)
Rick
- -----Original Message-----
From: owner-canslim@lists.xmission.com
[mailto:owner-canslim@lists.xmission.com]On Behalf Of Tom Worley
Sent: Monday, February 19, 2001 8:14 PM
To: canslim@lists.xmission.com
Subject: Re: [CANSLIM] DGO List - Part Three (and final!!)
Hi Norman,
It depends a lot on how my PC and my ISP are getting along. If
the connection is working well to DGO, it takes me about 20-30
seconds per chart, so multiply that times the nr in the list,
plus a little more to type the comments. I've been tuning up this
aging 486 tonight at www.PCpitstop.com suggested by some members,
great site. So maybe next week will be a little faster.
Tom Worley
stkguru@netside.net
ICQ # 5568838
- ----- Original Message -----
From: Norman <theboyd@tisd.net>
To: <canslim@lists.xmission.com>
Sent: Monday, February 19, 2001 8:07 PM
Subject: Re: [CANSLIM] DGO List - Part Three (and final!!)
Tom,
How long does it take you to develop these 'watch' lists you so
graciously
provide us with (and I mean that sincerely, not as sarcasm)?
Norman
- ----- Original Message -----
From: "Tom Worley" <stkguru@netside.net>
To: "CANSLIM" <canslim@xmission.com>
Sent: Sunday, February 18, 2001 5:34 PM
Subject: [CANSLIM] DGO List - Part Three (and final!!)
> TSS - 2 week handle on a very shallow cup after a large price
- -
- -
------------------------------
Date: Mon, 19 Feb 2001 21:00:09 -0500
From: "Tom Worley" <stkguru@netside.net>
Subject: Re: [CANSLIM] DGO List - Part Three (and final!!)
Hi Rick,
I hope (intend?) to upgrade to a state of the art machine later
this year, but must conserve cash for now until my job
uncertainty settles out by May. I already spent a bundle on a new
wardrobe, so ready to do the job interview circuit if that comes
to pass. Once that issue is resolved, then hopefully I will be
able to commit to a new machine, and maybe even a high speed
connection. But I don't want to end up with a machine that can
move faster than my brain power, or eyes, either!!
Tom Worley
stkguru@netside.net
ICQ # 5568838
- ----- Original Message -----
From: Rick Parsons <RickParsons@Columbus.rr.com>
To: <canslim@lists.xmission.com>
Sent: Monday, February 19, 2001 8:27 PM
Subject: RE: [CANSLIM] DGO List - Part Three (and final!!)
Good grief, Tom! You really should upgrade your computer to a
Pentium III
considering how much time you are wasting waiting for stocks to
load. Your
time is very valuable!! Think about how much more research you
can do if
things were much faster.
I have a Pentium II, 300 MHZ on a cable modem (RoadRunner). Most
website
pages pop up in about 3 to 5 seconds.
I'm online 24 hours a day and don't have to tie up a phone line.
I'm not
trying to brag about it but trying to nudge you along to
something faster.
Once you upgrade, you'll wonder how you ever got along without
it.
:)
Rick
- -----Original Message-----
From: owner-canslim@lists.xmission.com
[mailto:owner-canslim@lists.xmission.com]On Behalf Of Tom Worley
Sent: Monday, February 19, 2001 8:14 PM
To: canslim@lists.xmission.com
Subject: Re: [CANSLIM] DGO List - Part Three (and final!!)
Hi Norman,
It depends a lot on how my PC and my ISP are getting along. If
the connection is working well to DGO, it takes me about 20-30
seconds per chart, so multiply that times the nr in the list,
plus a little more to type the comments. I've been tuning up this
aging 486 tonight at www.PCpitstop.com suggested by some members,
great site. So maybe next week will be a little faster.
Tom Worley
stkguru@netside.net
ICQ # 5568838
- ----- Original Message -----
From: Norman <theboyd@tisd.net>
To: <canslim@lists.xmission.com>
Sent: Monday, February 19, 2001 8:07 PM
Subject: Re: [CANSLIM] DGO List - Part Three (and final!!)
Tom,
How long does it take you to develop these 'watch' lists you so
graciously
provide us with (and I mean that sincerely, not as sarcasm)?
Norman
- ----- Original Message -----
From: "Tom Worley" <stkguru@netside.net>
To: "CANSLIM" <canslim@xmission.com>
Sent: Sunday, February 18, 2001 5:34 PM
Subject: [CANSLIM] DGO List - Part Three (and final!!)
> TSS - 2 week handle on a very shallow cup after a large price
- -
- -
- -
------------------------------
Date: Mon, 19 Feb 2001 19:16:02 -0700
From: esetser <esetser@covad.net>
Subject: Re: [CANSLIM] Leaders List
A quick definition would be a list of stocks picked by Daily Graphs for the
hard copy version of the graphs. But, to give you more accuracte
information, there is a description of all of the DGO reports at:
http://www.dailygraphs.com/dgTranscripts/reportmain.htm
To see what this report is, just click on "Daily Graphs Printed Product
Company Index" on the left menu bar, and a complete description will come up.
At 07:57 PM 2/19/01 -0500, you wrote:
>What is the DGO Printed Product list?
>
>----- Original Message -----
>From: esetser <esetser@covad.net>
>To: <canslim@xmission.com>
>Sent: Saturday, February 10, 2001 5:49 PM
>Subject: [CANSLIM] Leaders List
>
>
>> Well, here's the end of a new experiment. I used the DGO Printed Product
>> list to generate the list this weekend. I started with all stocks at
>80/80
>> EPS/RS, and Group RS above 76 (about the top 60 groups).
- -
------------------------------
Date: Mon, 19 Feb 2001 21:15:06 -0500
From: "Tom Worley" <stkguru@netside.net>
Subject: Re: [CANSLIM] Motley Fool Mechanical Investing
Rick,
From my personal experience (and expense of subscribing), Value
Line is a fundamentals only based system. It is, as the name
implies, value oriented, and gives little weight to future
prospects. For those prone to bottom fishing, it is worthwhile
for undervalued stocks. But you must be willing to wait months or
even years for a return, and are likely to miss out on new
technology. Cisco, for example, would not have fared well over
the past years as it was considered overvalued by Value Line (and
it was by traditional thinking).
Motley Fool, while entertaining and sometimes even informative
and educational, lacks sufficient selling discipline. It is no
coincidence that WON has far more rules on selling, than on
buying. On the buy side, Motley Fool often looks much like WON,
as does several other sites and systems. But on the selling
side, WON and CANSLIM remain unique.
Tom Worley
stkguru@netside.net
ICQ # 5568838
- ----- Original Message -----
From: Rick Parsons <RickParsons@Columbus.rr.com>
To: <canslim@lists.xmission.com>
Sent: Monday, February 19, 2001 8:16 PM
Subject: [CANSLIM] Motley Fool Mechanical Investing
Since I am new to this board, please forgive me if this subject
has already
been covered in previous posts.
The Motley Fool used to run a Mechanical Investing Workshop (
http://www.fool.com/workshop/down.htm ) which used screens to
select stocks.
The forum members spent an immense amount of time back testing
the screens
as far back as 15 years.
Almost all screens are based on using only stocks that rate #1 on
Value
Line's Timeliness. Currently Motley Fool had to suspend their
Mechanical
Investing Workshop due to a dispute with Value Line. The forum
is still
active. But that is another issue.
It is interesting to note that one of the best performing screens
was called
the Formula 90.
Here is a description of the screen.
Method:
1. Using ValueLine, begin with all stocks with Timeliness Rank =
1.
2. Keep those stocks with an Earnings Per Share rank of 90 or
higher in
Investor's Business Daily.
3. Perform a primary descending sort using Investor's Business
Daily's Stock
Relative Strength rank.
4. Perform a secondary descending sort using Investor's Business
Daily's
Accumulation/Distribution rank.
5. Keep the top 10. (Can keep the top 5 or 3 or whatever)
Every 4 weeks or every month (or week, quarter, year) run the
screen again
and buy the new stocks that appear and sell those that drop off
the list.
Try to keep equal amounts invested in each stock.
Here are the returns for holding the top 5 stocks:
12-Month Returns
1/85 to 1/86 56.3%
1/86 to 1/87 29.3%
1/87 to 1/88 14.8%
1/88 to 1/89 -3.0%
1/89 to 1/90 28.9%
1/90 to 1/91 14.1%
1/91 to 1/92 138.8%
1/92 to 1/93 31.6%
1/93 to 1/94 44.5%
1/94 to 1/95 13.7%
1/95 to 1/96 33.1%
1/96 to 1/97 57.3%
1/97 to 1/98 8.8%
1/98 to 1/99 108.0%
Summary
CAGR 36.9%
GSD 28.2%
S&P 500 CAGR 16.7%
CAGR + 3 sigma 188.5%
CAGR + 2 sigma 125.0%
CAGR + 1 sigma 75.5%
CAGR - 1 sigma 6.7%
CAGR - 2 sigma -16.7%
CAGR - 3 sigma -35.1%
This is just one screen of many which have show good returns when
backtested.
The reason for bringing this up, is that there may be some value
of
incorporating ValueLines Timeliness rank of #1 when screening for
IDB or
Canslim type stocks.
Here is another screen:
RELATIVE STRENGTH - IBD
Method: 1. Using ValueLine, begin with all stocks with Timeliness
Rank = 1.
2. Perform a primary descending sort using Investor's Business
Daily's Stock
Relative Strength rank.
3. Perform a secondary descending sort using Investor's Business
Daily's
Earnings Per Share rank.
4. Perform a tertiary descending sort using Investor's Business
Daily's
Accumulation/Distribution rank.
5. Keep the top 5. (or 10 or 3 depending on your choice)
The main difference with this screen is it sorts by RS first
rather than
EPS.
Here are the results of backtesting:
12-Month Returns
1/85 to 1/86 41.3%
1/86 to 1/87 28.0%
1/87 to 1/88 10.0%
1/88 to 1/89 0.7%
1/89 to 1/90 59.9%
1/90 to 1/91 2.1%
1/91 to 1/92 101.9%
1/92 to 1/93 22.9%
1/93 to 1/94 51.5%
1/94 to 1/95 6.0%
1/95 to 1/96 32.6%
1/96 to 1/97 32.3%
1/97 to 1/98 53.4%
1/98 to 1/99 151.5%
Summary
CAGR 37.7%
GSD 29.7%
S&P 500 CAGR 16.7%
CAGR + 3 sigma 200.6%
CAGR + 2 sigma 131.8%
CAGR + 1 sigma 78.6%
CAGR - 1 sigma 6.2%
CAGR - 2 sigma -18.2%
CAGR - 3 sigma -36.9%
Those of you who want more information, start with
http://www.davidcompton.com/MI_update.html
This site is a little overwhelming but has just about every bit
of
information you will need.
Ciao,
Rick
- -
- -
------------------------------
End of canslim-digest V2 #1144
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