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canslim-digest          Monday, May 28 2001          Volume 02 : Number 1409



In this issue:

       Re: [CANSLIM] TUTR
       Re: [CANSLIM] My Leader's List
       Re: [CANSLIM] Current Discussions
       Re: [CANSLIM] TUTR
       Re: [CANSLIM] TUTR
       Re: [CANSLIM] Current Discussions - "M"
       Re: [CANSLIM]OFF LIST: MACD(was My Leader's List)
       Re: [CANSLIM] OFF LIST: MACD (was NAZ 100 due to fall back)
       Re: [CANSLIM] OFF LIST: MACD (was NAZ 100 due to fall back)
       Fw: [CANSLIM] OFF LIST: MACD (was NAZ 100 due to fall back)
       Re: Indicator Discussion (was [CANSLIM]OFF LIST: MACD(was My Leader's  List))
       Re: [CANSLIM] Current Discussions - "M"
       RE: [CANSLIM] BPFH?
       Re: [CANSLIM] BPFH?
       Re: Indicator Discussion (was [CANSLIM]OFF LIST: MACD(was My Leader's  List))
       Re: Indicator Discussion (was [CANSLIM]OFF LIST: MACD(was My Leader's List))
       [CANSLIM]IPO date website?

----------------------------------------------------------------------

Date: Sun, 27 May 2001 22:32:24 -0600
From: esetser <[e-mail]>
Subject: Re: [CANSLIM] TUTR

My opinions, and only answering your questions (as in TUTR EPS won't be
brought up, etc.).

TUTR - I would agree that this was a B/O.  You could call this a cup with
handle (pivot 23.38) or a double bottom (with a higher right side, pivot
23.78).  Either way, 5/23 looks to be a solid breakout.

ADVS - You could call 5/17 a B/O from a cup with handle.  For me, I would
call this handle a little low in the base, and it falls short of the
absolute minimum criteria of 50%.  I would put the mid-point of the handle
at 55.50, and that's about 46% of the way up the cup.  I would wait for a
later move on this one.

HOC - Yes, big time.  (I look for 7 week bases generally!!)

APL - Yes, same reasons.

TARO - Seems to have excellent support at the 50 day MA.  Looks pretty
LLURish to me, although this isn't a pattern I have any experience with.
However, if I was considering fishing here, I would look to get in within
5% or so of the 50 day MA.  That would put the maximum buy price around 52,
so I would say it is a little high.  If anything, it looks to be in the
middle of the trading channel to me.

At 05:37 PM 5/27/01 -0400, you wrote:
>Did TUTR break out last week, or can I look at the broader 7-month
>base?(lousy EPS). Same with ADVS.
>
>Is HOC too far extended? The volume is excellent. Same with APL?
>
>TARO - LLUR? Good time to get in?
>
>
>-
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------------------------------

Date: Sun, 27 May 2001 22:36:02 -0600
From: esetser <[e-mail]>
Subject: Re: [CANSLIM] My Leader's List

I purchased ACF at 39.90 on 4/16.  At the time, I made the pivot 38.05 for
a cup, no handle base of about 7 weeks.  I got it right at the 5% limit
according to my calculations.

At 04:09 PM 5/27/01 -0700, you wrote:
>Rollover is probably misstated, but surely a pullback and consolidation
for a time.
>I see distinct divergences in the indicators I watch after a rather sharp
runup in a
>short time:  MACD-Hist made a lower peak at the resent high, the prior one
was 4-20
>(not the stock but the MH)  the stoch, roc are all diverging.
>
>Just curious and parenthetically, where would you have taken position(s)
this year?
>
>Dan
>
>Patrick Wahl wrote:
>
>> I don't know if it will rollover, but I don't see any signs of it now,
>> appears to be consolidating.  What is indicating rollover to you?
>>
>> On 27 May 01, at 9:48, Dan wrote:
>>
>> > It is ripe for a pullback, rollover, and beginning to do so, IM(H)O.
More risk
>> > than reward here.
>> >
>> > Shelley Lowenstein wrote:
>> >
>> > > what's the prognosis on ACF??
>> > >
>> > > ----- Original Message -----
>> > > From: "esetser" <[e-mail]>
>> > > To: <[e-mail]>
>> > > Sent: Saturday, May 26, 2001 12:48 PM
>> > > Subject: [CANSLIM] My Leader's List
>> > >
>> > > > Here's my Leader's List based on this weekend's data.  I start
with stocks
>> > > > in the DG books ranked 80/80 or better, GRS of 70 or better, AND
total ADV
>> > > > $ of at least $500K.  (I use $500K as an absolute minimum but prefer
>> > > stocks
>> > > > at least 2-3 times higher in average trading.)  I take that list and
>> > > assign
>> > > > a composite rank (my own formula) based on each stock's EPS, RS,
SMR, A/D,
>> > > > and GRS.  This list is the top 100 or so stocks based on composite
score.
>> > > > The list shown is ordered by composite score (best at the top).
This is
>> > > > intended as a start to a watch list, but please do your own DD for
both
>> > > > technical and fundamental characteristics.
>> > > >
>> > > > Standard disclaimer - I presently own MNTG, IGT, ACF, TTWO, and
AMSGA from
>> > > > the list.
>> > > >
>> > > > RLRN
>> > > > SHFL
>> > > > MNTG
>> > > > IGT
>> > > > GPI
>> > > > MTH
>> > > > HIBB
>> > > > APL
>> > > > FLYA
>> > > > CHBS
>> > > > TRR
>> > > > PENN
>> > > > USPH
>> > > > PVA
>> > > > ACF
>> > > > BZH
>> > > > HOC
>> > > > TTWO
>> > > > BBBY
>> > > > MHO
>> > > > SHLR
>> > > > SLOT
>> > > > PDII
>> > > > KWK
>> > > > JNY
>> > > > CPN
>> > > > RECN
>> > > > LEN
>> > > > HOV
>> > > > AEOS
>> > > > COLM
>> > > > ANF
>> > > > KMP
>> > > > CHS
>> > > > CCMP
>> > > > NVR
>> > > > TKCI
>> > > > TOS
>> > > > JEC
>> > > > ENTG
>> > > > HDL
>> > > > CHIC
>> > > > WBB
>> > > > CRYP
>> > > > MOVI
>> > > > RYL
>> > > > USLB
>> > > > PPDI
>> > > > EBAY
>> > > > SP
>> > > > HOTT
>> > > > CIT
>> > > > ESR
>> > > > SJT
>> > > > PLCE
>> > > > SCVL
>> > > > NYCB
>> > > > RTEC
>> > > > AMSGA
>> > > > AMSGB
>> > > > FDS
>> > > > UOPX
>> > > > KKD
>> > > > EVG
>> > > > SUN
>> > > > WGOV
>> > > > SGR
>> > > > TTEK
>> > > > COH
>> > > > PHM
>> > > > LNCR
>> > > > CLKB
>> > > > ROOM
>> > > > GMCR
>> > > > HNP
>> > > > FCN
>> > > > DIAN
>> > > > DHI
>> > > > NRG
>> > > > GOSHA
>> > > > MINI
>> > > > ADVP
>> > > > WTSLA
>> > > > SBR
>> > > > AN
>> > > > TSS
>> > > > WTFC
>> > > > SFC
>> > > > URS
>> > > > RL
>> > > > RCII
>> > > > AZO
>> > > > KLAC
>> > > > EPIQ
>> > > > SERO
>> > > > DZTK
>> > > > RJR
>> > > > SRCL
>> > > > TARO
>> > > > FIC
>> > > > CKP
>> > > > BBY
>> > > > SASOY
>> > > > NFB
>> > > > ADVS
>> > > > MDCI
>> > > > CEC
>> > > > NAUT
>> > > > CPRT
>> > > > HI
>> > > >
>> > > >
>> > > > -
>> > > > -To subscribe/unsubscribe, email "[e-mail]"
>> > > > -In the email body, write "subscribe canslim" or
>> > > > -"unsubscribe canslim".  Do not use quotes in your email.
>> > >
>> > > -
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>>
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------------------------------

Date: Mon, 28 May 2001 06:17:55 -0400
From: "Tom Worley" <[e-mail]>
Subject: Re: [CANSLIM] Current Discussions

Jay,

Small caps are also a part of the market. The Russell 2000 is the
best index, up 5.19% for the year.

Aside from that, I am not sure what your point is. My perception
is the bear is back in the cave, a new bull market has begun, the
Feds have been aggressive in cutting rates, the economy still has
not slipped into a recession as feared even for one quarter,
numerous companies have surprised to the upside (albeit most on
recently reduced forecasts), and the 2nd quarter earnings should
see the end to the worst of the news for most companies (for
some, it already passed in the 1st).

Tom Worley
[e-mail]
AIM: TexWorley

- ----- Original Message -----
From: Jay Oken <[e-mail]>
To: <[e-mail]>
Sent: Sunday, May 27, 2001 11:47 PM
Subject: Re: [CANSLIM] Current Discussions


In case you all are forgetting the Nasdaq is still down 8.88% for
the year
and the S&P 500 is down 3.21%. Only the Dow is up (2.03%). If you
take a
weighted average of the Dow, Nasdaq and S&P, the overall market
is down
3.31% for the year.


- ----- Original Message -----
From: "esetser" <[e-mail]>
To: <[e-mail]>
Sent: Friday, May 25, 2001 8:22 AM
Subject: Re: [CANSLIM] Current Discussions


> Yes, Dave, I've noticed your name starting to pop up quite a
bit again,
> more like the last bull.  I know some of the group have done
well this
> year, but count me in with you in the loss column.  At this
point, I've
> only sold 1 stock for a profit this year so far, with too many
to count
> losses.  I am doing better since April, but I still have many
stocks that
> have knocked me back out, and I seem to get stopped out
everytime I get
> fully invested.  I have been running around -10% to -12% for
the year so
> far, and have improved that a little the last few weeks, but
I'm still far
> from even.  (Of course the 3 most recent analyst actions hurt,
Giving up
> all my gains on CHIC and getting stopped out of COCO and RYL)
Fortunately,
> I also had a good year in 2000 with a strong first quarter and
a couple of
> good stocks helping me offset my many losers for the rest of
the year.
>
> If I could just get through a couple of weeks without an
analyst
downgrade,
> maybe I could get back close to even for 2001!
>
> At 08:20 PM 5/24/01 -0700, you wrote:
> >I just realized, subconsciously I believe that one of the main
> >reasons I've been following the discussions more lately - and
> >actually adding a few comments for the first time in a while -
is
> >because I finally believe that M is favorable.
> >
> >As I pointed out earlier, I have put money in the market
several
> >times this year - only to come out with less than I went in
with.
> >I wiped out my year 2000 gains and then some.   In each case,
maybe
> >it was hopeful thinking.   For some reason, I have noticed
quite a
> >few more uptrends on stocks lately - and maybe I'm starting to
feel
> >in the back of my mind that we've turned around.
> >
> >Where's Jeffry White when I need him to sap my enthusiasm.
> >
> >
> >=====
> >Dave Cameron
> >[e-mail]
> >
> >__________________________________________________
> >Do You Yahoo!?
> >Yahoo! Auctions - buy the things you want at great prices
> >http://auctions.yahoo.com/
> >
> >-
> >-To subscribe/unsubscribe, email "[e-mail]"
> >-In the email body, write "subscribe canslim" or
> >-"unsubscribe canslim".  Do not use quotes in your email.
> >
> >
>
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------------------------------

Date: Mon, 28 May 2001 08:59:44 -0400
From: "Ann Hollingworth" <[e-mail]>
Subject: Re: [CANSLIM] TUTR

Thanks, Earl. I am finding a lot of stocks extended now, it seems.
- ----- Original Message -----
From: "esetser" <[e-mail]>
To: <[e-mail]>
Sent: Monday, May 28, 2001 12:32 AM
Subject: Re: [CANSLIM] TUTR


> My opinions, and only answering your questions (as in TUTR EPS won't be
> brought up, etc.).
>
> TUTR - I would agree that this was a B/O.  You could call this a cup with
> handle (pivot 23.38) or a double bottom (with a higher right side, pivot
> 23.78).  Either way, 5/23 looks to be a solid breakout.
>
> ADVS - You could call 5/17 a B/O from a cup with handle.  For me, I would
> call this handle a little low in the base, and it falls short of the
> absolute minimum criteria of 50%.  I would put the mid-point of the handle
> at 55.50, and that's about 46% of the way up the cup.  I would wait for a
> later move on this one.
>
> HOC - Yes, big time.  (I look for 7 week bases generally!!)
>
> APL - Yes, same reasons.
>
> TARO - Seems to have excellent support at the 50 day MA.  Looks pretty
> LLURish to me, although this isn't a pattern I have any experience with.
> However, if I was considering fishing here, I would look to get in within
> 5% or so of the 50 day MA.  That would put the maximum buy price around
52,
> so I would say it is a little high.  If anything, it looks to be in the
> middle of the trading channel to me.
>
> At 05:37 PM 5/27/01 -0400, you wrote:
> >Did TUTR break out last week, or can I look at the broader 7-month
> >base?(lousy EPS). Same with ADVS.
> >
> >Is HOC too far extended? The volume is excellent. Same with APL?
> >
> >TARO - LLUR? Good time to get in?
> >
> >
> >-
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> >
> >
>
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------------------------------

Date: Mon, 28 May 2001 09:01:57 -0400
From: "Ann Hollingworth" <[e-mail]>
Subject: Re: [CANSLIM] TUTR

Thanks, Tom
- ----- Original Message -----
From: "Tom Worley" <[e-mail]>
To: <[e-mail]>
Sent: Sunday, May 27, 2001 9:42 PM
Subject: Re: [CANSLIM] TUTR


> TUTR - broke out Wednesday
> ADVS - b/o 5/17, confused chart, maybe still within pivot range,
> I use their software at work
> HOC - best buy point was last Dec in the 14-16 range, I don't see
> a present support base to work from
> APL - same story except late March at 25, also way extended now
> TARO - I would prefer to buy it closer to the 50 DMA, and
> especially not after a sharp rebound like Friday's
>
> Tom Worley
> [e-mail]
>
>
> ----- Original Message -----
> From: Ann Hollingworth <[e-mail]>
> To: CANSLIM Listserv <[e-mail]>
> Sent: Sunday, May 27, 2001 5:37 PM
> Subject: [CANSLIM] TUTR
>
>
> Did TUTR break out last week, or can I look at the broader
> 7-month
> base?(lousy EPS). Same with ADVS.
>
> Is HOC too far extended? The volume is excellent. Same with APL?
>
> TARO - LLUR? Good time to get in?
>
>
> -
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>
>
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------------------------------

Date: Mon, 28 May 2001 07:37:36 -0600
From: esetser <[e-mail]>
Subject: Re: [CANSLIM] Current Discussions - "M"

I guess I'm not sure of the point either.  CANSLIM tells us to accumulate
positions after a valid follow-through day when we see leading stocks
breaking out of solid bases.  The IBD has been falling all over itself
declaring the "M" good for the last month or so, and there have been a LOT
of good stocks moving to new highs on great volume.  I don't disagree that
the time to buy wasn't in January (a failed FT day cost me some funds) or
Feb or March.  When you look at YTD performance, you get a total for the
year, and that is a very arbritrary timefrae.  YTD numbers vary from 1 day
to 364 days of history!!

However, look at the indexes since the close of the FT day on 4/10 for all
3 major indexes.  I think it's obvious this way an FT day worth buying!

NASDAQ: +21.5%
S&P500: +9.4%
DJIA  : +8.9%
RS2000: +12.6%

This is the kind of "M" that increases our odds of success, and increases
this group's activity!!

At 06:17 AM 5/28/01 -0400, you wrote:
>Jay,
>
>Small caps are also a part of the market. The Russell 2000 is the
>best index, up 5.19% for the year.
>
>Aside from that, I am not sure what your point is. My perception
>is the bear is back in the cave, a new bull market has begun, the
>Feds have been aggressive in cutting rates, the economy still has
>not slipped into a recession as feared even for one quarter,
>numerous companies have surprised to the upside (albeit most on
>recently reduced forecasts), and the 2nd quarter earnings should
>see the end to the worst of the news for most companies (for
>some, it already passed in the 1st).
>
>Tom Worley
>[e-mail]
>AIM: TexWorley
>
>----- Original Message -----
>From: Jay Oken <[e-mail]>
>To: <[e-mail]>
>Sent: Sunday, May 27, 2001 11:47 PM
>Subject: Re: [CANSLIM] Current Discussions
>
>
>In case you all are forgetting the Nasdaq is still down 8.88% for
>the year
>and the S&P 500 is down 3.21%. Only the Dow is up (2.03%). If you
>take a
>weighted average of the Dow, Nasdaq and S&P, the overall market
>is down
>3.31% for the year.
>
>
>----- Original Message -----
>From: "esetser" <[e-mail]>
>To: <[e-mail]>
>Sent: Friday, May 25, 2001 8:22 AM
>Subject: Re: [CANSLIM] Current Discussions
>
>
>> Yes, Dave, I've noticed your name starting to pop up quite a
>bit again,
>> more like the last bull.  I know some of the group have done
>well this
>> year, but count me in with you in the loss column.  At this
>point, I've
>> only sold 1 stock for a profit this year so far, with too many
>to count
>> losses.  I am doing better since April, but I still have many
>stocks that
>> have knocked me back out, and I seem to get stopped out
>everytime I get
>> fully invested.  I have been running around -10% to -12% for
>the year so
>> far, and have improved that a little the last few weeks, but
>I'm still far
>> from even.  (Of course the 3 most recent analyst actions hurt,
>Giving up
>> all my gains on CHIC and getting stopped out of COCO and RYL)
>Fortunately,
>> I also had a good year in 2000 with a strong first quarter and
>a couple of
>> good stocks helping me offset my many losers for the rest of
>the year.
>>
>> If I could just get through a couple of weeks without an
>analyst
>downgrade,
>> maybe I could get back close to even for 2001!
>>
>> At 08:20 PM 5/24/01 -0700, you wrote:
>> >I just realized, subconsciously I believe that one of the main
>> >reasons I've been following the discussions more lately - and
>> >actually adding a few comments for the first time in a while -
>is
>> >because I finally believe that M is favorable.
>> >
>> >As I pointed out earlier, I have put money in the market
>several
>> >times this year - only to come out with less than I went in
>with.
>> >I wiped out my year 2000 gains and then some.   In each case,
>maybe
>> >it was hopeful thinking.   For some reason, I have noticed
>quite a
>> >few more uptrends on stocks lately - and maybe I'm starting to
>feel
>> >in the back of my mind that we've turned around.
>> >
>> >Where's Jeffry White when I need him to sap my enthusiasm.
>> >
>> >
>> >=====
>> >Dave Cameron
>> >[e-mail]
>> >
>> >__________________________________________________
>> >Do You Yahoo!?
>> >Yahoo! Auctions - buy the things you want at great prices
>> >http://auctions.yahoo.com/
>> >
>> >-
>> >-To subscribe/unsubscribe, email "[e-mail]"
>> >-In the email body, write "subscribe canslim" or
>> >-"unsubscribe canslim".  Do not use quotes in your email.
>> >
>> >
>>
>> -
>> -To subscribe/unsubscribe, email "[e-mail]"
>> -In the email body, write "subscribe canslim" or
>> -"unsubscribe canslim".  Do not use quotes in your email.
>
>
>-
>-To subscribe/unsubscribe, email "[e-mail]"
>-In the email body, write "subscribe canslim" or
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>
>
>
>-
>-To subscribe/unsubscribe, email "[e-mail]"
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>

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------------------------------

Date: Mon, 28 May 2001 09:37:35 -0500
From: "walter nusbaum" <[e-mail]>
Subject: Re: [CANSLIM]OFF LIST: MACD(was My Leader's List)

- ----- Original Message -----
From: "Kent Norman" <[e-mail]>
To: <[e-mail]>
Sent: Sunday, May 27, 2001 1:10 PM
Subject: Re: [CANSLIM] My Leader's List

(Snip)

>
> 3. MACD (if you are even interested since it is not
> CANSLIM) is still good.
>
(Snip)

Kent,
FWIW, ACF made a low of $20.81 on 11/30/00, and on 4/18/01, more than
doubled @ $43.05. The most recent entry using 3-7-10 & 7-14-10 MACD's was on
5/14/01 @ $46.02, with a subsequent high @  $54.88 on 5/21/01. It has
(typically) declined to $52.71 on 5/25/01, and is presently in a "hold"
mode.

Connecting the most recent tops of the adjacent histograms provides a
downward sloping line, which would indicate near-term weakening. While
observing adjacent slopes does not provide100% accuracy, it is an indicator
that deserves inclusion in any over-all assesment.(I have ACF on my watch
list).
Best wishes,
Walt

> 7. Up ~40% in 4 weeks
>
> Regards
> Kent Norman
>
> --- Shelley Lowenstein <[e-mail]> wrote:
> > what's the prognosis on ACF??




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------------------------------

Date: Mon, 28 May 2001 10:51:52 -0500
From: "walter nusbaum" <[e-mail]>
Subject: Re: [CANSLIM] OFF LIST: MACD (was NAZ 100 due to fall back)

- ----- Original Message -----
From: "Kent Norman" <[e-mail]>
To: "CANSLIM" <[e-mail]>
Sent: Sunday, May 27, 2001 4:39 PM
Subject: [CANSLIM] NAZ 100 due to fall back


> I just looked at the individual stocks that comprise
> the Nasdaq 100. Just about all of them are near the
> top  of their price channels indicating a sell off is
> due.
>
> Although not directly related to CS, it helps keep an
> eye on the general M.
>
> Regards
> Kent Norman
>
Kent,
Good work! The MACD 3-7-10 gave a "sell" on UOPIX(doubles the NAS100), on
5/24/01. The NAS100 will (probably) follow.
Best wishes,
Walt




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Date: Mon, 28 May 2001 12:08:10 EDT
From: [e-mail]
Subject: Re: [CANSLIM] OFF LIST: MACD (was NAZ 100 due to fall back)

In a message dated 5/28/01 11:53:00 AM Eastern Daylight Time,
[e-mail] writes:

<< Good work! The MACD 3-7-10 gave a "sell" on UOPIX(doubles the NAS100), on
 5/24/01. The NAS100 will (probably) follow.
 Best wishes,
 Walt >>

          Do you mind explaining what MACD 3-7-10 means and how you arrive at
the sell signal?  Thanks.

                             Arthur

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Date: Mon, 28 May 2001 11:12:12 -0500
From: "walter nusbaum" <[e-mail]>
Subject: Fw: [CANSLIM] OFF LIST: MACD (was NAZ 100 due to fall back)

The MACD sell signal on the NAS 100 was on 5/23 vice 5/24. Sorry.
Best wishes,
Walt

- ----- Original Message -----
From: "walter nusbaum" <[e-mail]>
To: <[e-mail]>
Sent: Monday, May 28, 2001 10:51 AM
Subject: Re: [CANSLIM] OFF LIST: MACD (was NAZ 100 due to fall back)


>
> ----- Original Message -----
> From: "Kent Norman" <[e-mail]>
> To: "CANSLIM" <[e-mail]>
> Sent: Sunday, May 27, 2001 4:39 PM
> Subject: [CANSLIM] NAZ 100 due to fall back
>
>
> > I just looked at the individual stocks that comprise
> > the Nasdaq 100. Just about all of them are near the
> > top  of their price channels indicating a sell off is
> > due.
> >
> > Although not directly related to CS, it helps keep an
> > eye on the general M.
> >
> > Regards
> > Kent Norman
> >
> Kent,
> Good work! The MACD 3-7-10 gave a "sell" on UOPIX(doubles the NAS100), on
> 5/24/01. The NAS100 will (probably) follow.
> Best wishes,
> Walt
>
>




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Date: Mon, 28 May 2001 11:10:32 -0700
From: Dan <[e-mail]>
Subject: Re: Indicator Discussion (was [CANSLIM]OFF LIST: MACD(was My Leader's  List))

Anyone interested in an ongoing, off list conversation exploring indicators,
their use, application, interpretation to CANSLIM investing?

I say off list, because this subject matter may annoy those who want to keep the
list more tightly focused to ONeil and his framing.  If this is not the case, it
does not need to be off list.

We could set it up simply, by selecting "reply all".

Just one of my bright ideas that I thought I would through out for members to
take potshots.

I know I feel constrained to post on this topic.

Dan




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Date: Mon, 28 May 2001 11:24:20 -0700
From: "Tracie Oken" <[e-mail]>
Subject: Re: [CANSLIM] Current Discussions - "M"

My only point was that, as a few were mentioning that they are in a loss
position for the year, the market overall is still down even given the
recent run up (and as per Tom's point I probably should take into account
the Russell as well). Therefore, I would assume that most investors are
still in a loss position. I was not trying to say that the market has not
turned up or that we are not now in a good M. Maybe I am looking at this
wrong but I closely track how we are doing compared to the market. My wife
and I spend a lot of time trying to understand CANSLIM and doing stock
research. I believe that if, over the long-term, we can't outperform the
major averages than we can save a lot of time by putting our money in an
index fund. That was all. Sorry if I came off any other way.


- ----- Original Message -----
From: "esetser" <[e-mail]>
To: <[e-mail]>
Sent: Monday, May 28, 2001 6:37 AM
Subject: Re: [CANSLIM] Current Discussions - "M"


> I guess I'm not sure of the point either.  CANSLIM tells us to accumulate
> positions after a valid follow-through day when we see leading stocks
> breaking out of solid bases.  The IBD has been falling all over itself
> declaring the "M" good for the last month or so, and there have been a LOT
> of good stocks moving to new highs on great volume.  I don't disagree that
> the time to buy wasn't in January (a failed FT day cost me some funds) or
> Feb or March.  When you look at YTD performance, you get a total for the
> year, and that is a very arbritrary timefrae.  YTD numbers vary from 1 day
> to 364 days of history!!
>
> However, look at the indexes since the close of the FT day on 4/10 for all
> 3 major indexes.  I think it's obvious this way an FT day worth buying!
>
> NASDAQ: +21.5%
> S&P500: +9.4%
> DJIA  : +8.9%
> RS2000: +12.6%
>
> This is the kind of "M" that increases our odds of success, and increases
> this group's activity!!
>
> At 06:17 AM 5/28/01 -0400, you wrote:
> >Jay,
> >
> >Small caps are also a part of the market. The Russell 2000 is the
> >best index, up 5.19% for the year.
> >
> >Aside from that, I am not sure what your point is. My perception
> >is the bear is back in the cave, a new bull market has begun, the
> >Feds have been aggressive in cutting rates, the economy still has
> >not slipped into a recession as feared even for one quarter,
> >numerous companies have surprised to the upside (albeit most on
> >recently reduced forecasts), and the 2nd quarter earnings should
> >see the end to the worst of the news for most companies (for
> >some, it already passed in the 1st).
> >
> >Tom Worley
> >[e-mail]
> >AIM: TexWorley
> >
> >----- Original Message -----
> >From: Jay Oken <[e-mail]>
> >To: <[e-mail]>
> >Sent: Sunday, May 27, 2001 11:47 PM
> >Subject: Re: [CANSLIM] Current Discussions
> >
> >
> >In case you all are forgetting the Nasdaq is still down 8.88% for
> >the year
> >and the S&P 500 is down 3.21%. Only the Dow is up (2.03%). If you
> >take a
> >weighted average of the Dow, Nasdaq and S&P, the overall market
> >is down
> >3.31% for the year.
> >
> >
> >----- Original Message -----
> >From: "esetser" <[e-mail]>
> >To: <[e-mail]>
> >Sent: Friday, May 25, 2001 8:22 AM
> >Subject: Re: [CANSLIM] Current Discussions
> >
> >
> >> Yes, Dave, I've noticed your name starting to pop up quite a
> >bit again,
> >> more like the last bull.  I know some of the group have done
> >well this
> >> year, but count me in with you in the loss column.  At this
> >point, I've
> >> only sold 1 stock for a profit this year so far, with too many
> >to count
> >> losses.  I am doing better since April, but I still have many
> >stocks that
> >> have knocked me back out, and I seem to get stopped out
> >everytime I get
> >> fully invested.  I have been running around -10% to -12% for
> >the year so
> >> far, and have improved that a little the last few weeks, but
> >I'm still far
> >> from even.  (Of course the 3 most recent analyst actions hurt,
> >Giving up
> >> all my gains on CHIC and getting stopped out of COCO and RYL)
> >Fortunately,
> >> I also had a good year in 2000 with a strong first quarter and
> >a couple of
> >> good stocks helping me offset my many losers for the rest of
> >the year.
> >>
> >> If I could just get through a couple of weeks without an
> >analyst
> >downgrade,
> >> maybe I could get back close to even for 2001!
> >>
> >> At 08:20 PM 5/24/01 -0700, you wrote:
> >> >I just realized, subconsciously I believe that one of the main
> >> >reasons I've been following the discussions more lately - and
> >> >actually adding a few comments for the first time in a while -
> >is
> >> >because I finally believe that M is favorable.
> >> >
> >> >As I pointed out earlier, I have put money in the market
> >several
> >> >times this year - only to come out with less than I went in
> >with.
> >> >I wiped out my year 2000 gains and then some.   In each case,
> >maybe
> >> >it was hopeful thinking.   For some reason, I have noticed
> >quite a
> >> >few more uptrends on stocks lately - and maybe I'm starting to
> >feel
> >> >in the back of my mind that we've turned around.
> >> >
> >> >Where's Jeffry White when I need him to sap my enthusiasm.
> >> >
> >> >
> >> >=====
> >> >Dave Cameron
> >> >[e-mail]
> >> >
> >> >__________________________________________________
> >> >Do You Yahoo!?
> >> >Yahoo! Auctions - buy the things you want at great prices
> >> >http://auctions.yahoo.com/
> >> >
> >> >-
> >> >-To subscribe/unsubscribe, email "[e-mail]"
> >> >-In the email body, write "subscribe canslim" or
> >> >-"unsubscribe canslim".  Do not use quotes in your email.
> >> >
> >> >
> >>
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> >
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------------------------------

Date: Mon, 28 May 2001 15:51:27 -0400
From: [e-mail]
Subject: RE: [CANSLIM] BPFH?

My pivot is 21.50 + .13. My stop should be somewhere below 19.90.
On Friday it looked ready for a while - volume was up, the price was
nearing the pivot.  Of course, nothing happened and I did not buy it.

Anna


esetser <[e-mail]>@lists.xmission.com on 05/25/2001 10:42:38 PM

Please respond to [e-mail]

Sent by:  [e-mail]


To:   [e-mail]
cc:
Subject:  RE: [CANSLIM] BPFH?


I'm not sure I follow your message on BPFH.  If you are "playing" the high
handle, your pivot should be at 21.63 (the handle high of 21.50 + 0.13).
It doesn't look to be ready for that level yet.  Or, are you playing the
"cup".  In this case, I would have made the pivot at 20.63, and the
breakout on 5/7 with low volume (about average).  Since that point, there
have been 4 up days of strong volume, so you could consider those
confirmations of the move, and buy in.  However, I'm still confused on your
reading on this one.  Care to illuminate?

At 12:34 PM 5/25/01 -0400, you wrote:
>
>Yes, and it is breaking out now.
>I passed on SNV a couple of weeks ago - did not trust the group, but
>looking at how well it had done I think this could be a good group to pick
>up.
>
>Anna
>
>
>
>Dave Cameron <[e-mail]>@lists.xmission.com on 05/24/2001
>10:49:18 PM
>
>Please respond to [e-mail]
>
>Sent by:  [e-mail]
>
>
>To:   [e-mail]
>cc:
>Subject:  RE: [CANSLIM] BPFH?
>
>
>Anna,
>
>Oh, I know I'll get in trouble here - after all, I'm having an
>interesting conversation with Doug since I am a little
>unconventional.
>
>But... here goes:
>1.  I don't like the shape of the cup.   Instead of a cup, it seems
>to have two bottoms - where the second bottom was at a higher price
>than the first and on higher volume.
>
>2.  I assume you've put it on a watch list - since it hasn't broken
>out yet.   Right?
>
>Dave
>
>--- [e-mail] wrote:
>>
>> Seems ready to go from C&H.
>> Opinions?
>>
>> Anna
>>
>>
>> -
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>
>
>=====
>Dave Cameron
>[e-mail]
>
>__________________________________________________
>Do You Yahoo!?
>Yahoo! Auctions - buy the things you want at great prices
>http://auctions.yahoo.com/
>
>-
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>
>
>
>
>
>-
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>
>

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Date: Mon, 28 May 2001 16:04:59 -0400
From: [e-mail]
Subject: Re: [CANSLIM] BPFH?

Tom and Jans,
these are excellent points.   I did not think of that.
Thank you.

Dave, we had a holiday last Monday - Victoria day :)

Anna



[e-mail]@lists.xmission.com on 05/27/2001 05:43:16 PM

Please respond to [e-mail]

Sent by:  [e-mail]


To:   [e-mail]
cc:
Subject:  Re: [CANSLIM] BPFH?


Anna:

     Why should it be given even more significance?  I interpret it as many

individuals buying the day before the holiday weekend; meanwhile, most of
those using institutional money are out of the market Friday.

     If institutional money managers hadn't (as is my belief) taken Friday
off, then I'd agree, it looks like churning.  I'd see what happens
Tuesday-because (except for Friday) the chart does look nice.

jans


In a message dated 5/25/2001 2:53:52 PM Eastern Daylight Time,
[e-mail] writes:

<< Oh yes, you guys have a day off on Monday.  I fogot about that.  Have
fun.
 May I ask what you mean by that?   Would you mistrust a breakout on 200%
 ADV because it is on a slow day?  Should it not be given even more
 significance?


 Anna
  >>

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Date: Mon, 28 May 2001 16:27:09 EDT
From: [e-mail]
Subject: Re: Indicator Discussion (was [CANSLIM]OFF LIST: MACD(was My Leader's  List))

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count me in..jan

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<HTML><FONT FACE=arial,helvetica><FONT  SIZE=2>count me in..jan</FONT></HTML>

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Date: Mon, 28 May 2001 16:29:16 -0400
From: [e-mail]
Subject: Re: Indicator Discussion (was [CANSLIM]OFF LIST: MACD(was My Leader's List))

Me too.

Anna



[e-mail]@lists.xmission.com on 05/28/2001 04:27:09 PM

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Sent by:  [e-mail]


To:   [e-mail]
cc:
Subject:  Re: Indicator Discussion (was [CANSLIM]OFF LIST: MACD(was My
      Leader's  List))


count me in..jan



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Date: Mon, 28 May 2001 15:30:58 -0500
From: "Dempsey, Chris" <[e-mail]>
Subject: [CANSLIM]IPO date website?

This message is in MIME format. Since your mail reader does not understand
this format, some or all of this message may not be legible.

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Content-Type: text/plain;
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WON puts a lot of emphasis on IPO's. There's even a good article in Tues
paper. Does anyone know a website that has IPO dates for all stocks?

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<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 3.2//EN">
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charset=3Diso-8859-1">
<META NAME=3D"Generator" CONTENT=3D"MS Exchange Server version =
5.5.2653.12">
<TITLE>[CANSLIM]IPO date website?</TITLE>
</HEAD>
<BODY>

<P><FONT SIZE=3D2 FACE=3D"Arial">WON puts a lot of emphasis on IPO's. =
There's even a good article in Tues paper. Does anyone know a website =
that has IPO dates for all stocks?</FONT></P>

</BODY>
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