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2001-06-16
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From: owner-canslim-digest@lists.xmission.com (canslim-digest)
To: canslim-digest@lists.xmission.com
Subject: canslim-digest V2 #1500
Reply-To: canslim
Sender: owner-canslim-digest@lists.xmission.com
Errors-To: owner-canslim-digest@lists.xmission.com
Precedence: bulk
Content-Transfer-Encoding: quoted-printable
X-No-Archive: yes
canslim-digest Saturday, June 16 2001 Volume 02 : Number 1500
In this issue:
Re: [CANSLIM] Shorting
Re: [CANSLIM] Shorting
Re: [CANSLIM] Shorting
Re: [CANSLIM] Re : M
Re: [CANSLIM] Shorting
Re: [CANSLIM] DGO List
[CANSLIM] Lurker:Intro
[CANSLIM] Lurker:Intro
Re: [CANSLIM] Re : M
----------------------------------------------------------------------
Date: Sat, 16 Jun 2001 18:16:47 -0600
From: "Patrick Wahl" <pwahl@prodigy.net>
Subject: Re: [CANSLIM] Shorting
Doug - have you read Landry's book and if so what sort of things
does he discuss? Seems like it was $120 from the
Tradingmarkets web site, if I am thinking of the correct book.
On 16 Jun 01, at 16:03, DougC wrote:
> There's different approaches to shorting. Depends on your time frame and
> selection criteria. Also some use fundamentals first then buy depending on
> the chart. Others don't look at fundamentals at all. Check out the writers
> on Trading Markets.com. They all discuss shorting when market conditions
> warrant it and they are a perfect representation of the different ways to
> short. Mark Boucher's techniques follow canslim loosely and he pretty much
> reverses the long fundie requirements for shorts. And the charts he buys
> off of are upside down C&H and bases on stocks in downtrends. Mark has a 10
> week course on the TM site and a lesson specific to shorting. Also check
> out Dave Landry for swing trade shorting. They both have excellent books out.
>
>
>
> At 01:45 PM 6/16/01 -0700, you wrote:
> >Who can recommend some good books on shorting, or investment books that
> >deal with shorting? I have enough technical analysis books that deal with
> >this...I'm looking for something that deals more with fundamentals, in
> >considerably more detail than WON does in "How to Make Money..."
> >
> >John
> >
> >
> >-
> >-To subscribe/unsubscribe, email "majordomo@xmission.com"
> >-In the email body, write "subscribe canslim" or
> >-"unsubscribe canslim". Do not use quotes in your email.
>
>
> -
> -To subscribe/unsubscribe, email "majordomo@xmission.com"
> -In the email body, write "subscribe canslim" or
> -"unsubscribe canslim". Do not use quotes in your email.
- -
- -To subscribe/unsubscribe, email "majordomo@xmission.com"
- -In the email body, write "subscribe canslim" or
- -"unsubscribe canslim". Do not use quotes in your email.
------------------------------
Date: Sat, 16 Jun 2001 18:16:47 -0600
From: "Patrick Wahl" <pwahl@prodigy.net>
Subject: Re: [CANSLIM] Shorting
You might try "The Master Swing Trader" by Alan Farley. But this
book is pretty dense and it deals with short term trades, a few
days in length, so you need to be on top of the market to use the
ideas. If that isn't how you want to trade, then the book probably
isn't for you.
On 16 Jun 01, at 13:45, Sisyphus wrote:
> Who can recommend some good books on shorting, or investment books
> that deal with shorting? I have enough technical analysis books
> that deal with this...I'm looking for something that deals more
> with fundamentals, in considerably more detail than WON does in
> "How to Make Money..."
>
> John
>
>
> -
> -To subscribe/unsubscribe, email "majordomo@xmission.com"
> -In the email body, write "subscribe canslim" or
> -"unsubscribe canslim". Do not use quotes in your email.
- -
- -To subscribe/unsubscribe, email "majordomo@xmission.com"
- -In the email body, write "subscribe canslim" or
- -"unsubscribe canslim". Do not use quotes in your email.
------------------------------
Date: Sat, 16 Jun 2001 18:59:26 -0600
From: DougC <dzc@qwest.net>
Subject: Re: [CANSLIM] Shorting
I bought Landry's book (Dave Landry on Swing Trading) this past memorial
day weekend. TM discounted it from 100 to 80 bucks. That's what I was
waiting for. Patience pays off when book buying as well as stock buying.
;). I've read his columns for the past six months or so but havent tried
any of his picks or swing trading techniques. Only because my main focus
has been picking stocks with canslim fundies and buying off of C&H. I use a
mixture of WON and Mark Boucher's ideas. And because of this background I
found Landrys techniques a bit difficult to accept. He doesnt care about a
stocks fundies...only that it be in one of the strongest sectors. And if he
sees a C&H pattern anywhere below a stocks 52 week high he'll trade it. But
mostly he trades pullbacks on trending stocks. Either up or down. He looks
at mostly stocks with ADX of 30 or greater. And volatility is important
too. HV greater than 40. Since reading his book (not all that thoroughly
yet) I've noticed some stocks in my weekend perusal of DGO's Daily Graphs
Index that might be tradable on pullbacks. See MOVI and HDWR. And those
stocks have CANSLIM qualities also so I'm not completely abandoning it.
Only the market this week kept me from trying it. This weekend I'm trying
to list stocks as I go through the Daily Graph Index that I might target on
the short side. (I use Puts). Overall I like the book. It's a practical
book. Nice way of saying it's a dumbed down trading guide...and with lots
of pictures (graphs). Just perfect for me. I bought Farley's book in
April...because it was in a book store and cheaper than Landry's. But
Farleys is more of generalized reference book. Not a user friendly manual.
You can't pick it up and start trading with what you learned immediately as
you can with Landrys. At least I couldnt.
At 06:16 PM 6/16/01 -0600, you wrote:
>Doug - have you read Landry's book and if so what sort of things
>does he discuss? Seems like it was $120 from the
>Tradingmarkets web site, if I am thinking of the correct book.
>
>On 16 Jun 01, at 16:03, DougC wrote:
>
> > There's different approaches to shorting. Depends on your time frame and
> > selection criteria. Also some use fundamentals first then buy depending on
> > the chart. Others don't look at fundamentals at all. Check out the writers
> > on Trading Markets.com. They all discuss shorting when market conditions
> > warrant it and they are a perfect representation of the different ways to
> > short. Mark Boucher's techniques follow canslim loosely and he pretty
> much
> > reverses the long fundie requirements for shorts. And the charts he buys
> > off of are upside down C&H and bases on stocks in downtrends. Mark has
> a 10
> > week course on the TM site and a lesson specific to shorting. Also check
> > out Dave Landry for swing trade shorting. They both have excellent
> books out.
> >
> >
> >
> > At 01:45 PM 6/16/01 -0700, you wrote:
> > >Who can recommend some good books on shorting, or investment books that
> > >deal with shorting? I have enough technical analysis books that deal with
> > >this...I'm looking for something that deals more with fundamentals, in
> > >considerably more detail than WON does in "How to Make Money..."
> > >
> > >John
> > >
> > >
> > >-
> > >-To subscribe/unsubscribe, email "majordomo@xmission.com"
> > >-In the email body, write "subscribe canslim" or
> > >-"unsubscribe canslim". Do not use quotes in your email.
> >
> >
> > -
> > -To subscribe/unsubscribe, email "majordomo@xmission.com"
> > -In the email body, write "subscribe canslim" or
> > -"unsubscribe canslim". Do not use quotes in your email.
>
>
>
>-
>-To subscribe/unsubscribe, email "majordomo@xmission.com"
>-In the email body, write "subscribe canslim" or
>-"unsubscribe canslim". Do not use quotes in your email.
- -
- -To subscribe/unsubscribe, email "majordomo@xmission.com"
- -In the email body, write "subscribe canslim" or
- -"unsubscribe canslim". Do not use quotes in your email.
------------------------------
Date: Sat, 16 Jun 2001 22:12:54 -0500
From: "ernieh" <ernieh@mail.ev1.net>
Subject: Re: [CANSLIM] Re : M
- ---------- Original Message ----------------------------------
From: "Nicholas Barone" <nvbarone@hotmail.com>
Reply-To: canslim@lists.xmission.com
Date: Sat, 16 Jun 2001 13:03:55 -0700
>>BTW Ernie thank you for your
Nick,
I am not familar with some of the short-hand. I figured out IMHO, but I am drawing a blank on BTW?
- -
- -To subscribe/unsubscribe, email "majordomo@xmission.com"
- -In the email body, write "subscribe canslim" or
- -"unsubscribe canslim". Do not use quotes in your email.
------------------------------
Date: Sat, 16 Jun 2001 20:16:21 -0700
From: "Sisyphus" <sisyphus@thevine.net>
Subject: Re: [CANSLIM] Shorting
Thanks, everyone, for you suggestions. I have some things to pursue, now!
John
- -
- -To subscribe/unsubscribe, email "majordomo@xmission.com"
- -In the email body, write "subscribe canslim" or
- -"unsubscribe canslim". Do not use quotes in your email.
------------------------------
Date: Sat, 16 Jun 2001 23:18:43 -0500
From: "Patti Curry" <curry2@clnk.com>
Subject: Re: [CANSLIM] DGO List
This is a multi-part message in MIME format.
- ------=_NextPart_000_0097_01C0F6BA.AF6ED480
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charset="iso-8859-1"
Content-Transfer-Encoding: quoted-printable
Tom, I appreciate the time you put into the weekly DGO List. Thank you. =
I always look at each chart on your list and will continue to do so =
even under current market conditions.
=20
Right now I am losing money like most of the others in the group so will =
have to get used to taking small profits for now.
All the best, Patti =20
----- Original Message -----=20
From: Tom Worley=20
To: CANSLIM=20
Sent: Saturday, June 16, 2001 4:23 PM
Subject: [CANSLIM] DGO List
List is down again this week at 202, last week at 228. Before that it =
was 238 and 278. A truly dreary week, but the market was kind to my =
small caps, hitting a new portfolio high and closing the week very close =
to that high. So I approach the list this week with a "glass half full" =
attitude. But overall "M" is definitely looking ugly, at least until we =
get well into the earnings reporting cycle. And still on the horizon is =
the FOMC meeting on 6/26/01, a rate cut is a given, but the magnitude of =
that cut will likely dictate the short term "M".=20
This original list from DGO consists of those stocks in the Daily =
Graphs books (roughly 2,800) that as of Friday had both RS and EPS of 80 =
or better. Additionally, they must have been at or within 5% of the 12 =
month high during the prior week. In my review of this overall list, I =
am only focusing on the recent (6 months) chart patterns.=20
This review of the overall list is solely intended to identify stocks =
with good CANSLIM qualities, using authentic WON sourced data, that are =
showing some kind of constructive chart formation. The idea is to =
present some candidates for member's watch list, not to suggest they are =
presently a "buy" candidate. No due diligence has been done. My own =
personal bias against certain industries is largely ignored in the =
review.
As always, my shorthand notation is Bx where "B" means a "B"ase of "x" =
weeks, IMO. So, a B5 notation means I see a base of 5 weeks duration.
LLUR =3D Lower Left Upper Right
Is anybody still reading / using this list? Should I suspend it until =
"M" turns positive again?
Stocks with bases forming were heavily dominated by small regional =
banks. I suspect these groups are doing so well due the large number =
getting acquired.
=20
EPIQ - b/o Wed, about 10% extended, DISCLOSURE: I still own a qtr =
position
MTON - despite Friday's trading range, it closed in the base forming =
at 55 on heavy volume
TARO - the LLUR pattern is getting away from the 50 DMA, trend is =
accelerating
PECS - sloppy B4
KKD - price spike on Fri just under the pivot on volume, B2+, 2:1 =
split coming
NYCB - handle forming on a very flat saucer
RLRN - double bottom with capitulation, approaching the pivot
ESI - B2
PLB - LLUR
QUIX - double bottom??, @pivot
FLYA - B1+
WLT - B2, dividend cut
UHCO - B5, b/o Friday, low volume, low price
URS - B3
DME - LLUR
RDN - B4
FCN - B2+
NFB - settling into a shallow LLUR
ATK - B7
CITZ - B5
BMET - B2+
FNFG - B6
AMIE - B2+
RBNC - B6
UMPQ - B4+
PBKS - B4
BPOP - B3
EFX - B2
CLJ - B2
HRL - B2
FESX - B3
ALLE - B4+
Happy Hunting,
Tom Worley
stkguru@netside.net
AIM: TexWorley
- ------=_NextPart_000_0097_01C0F6BA.AF6ED480
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charset="iso-8859-1"
Content-Transfer-Encoding: quoted-printable
<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN">
<HTML><HEAD>
<META content=3D"text/html; charset=3Diso-8859-1" =
http-equiv=3DContent-Type>
<META content=3D"MSHTML 5.00.2919.6307" name=3DGENERATOR>
<STYLE></STYLE>
</HEAD>
<BODY bgColor=3D#ffffff>
<DIV><FONT face=3D"Comic Sans MS" size=3D2>Tom, I appreciate the time =
you put into=20
the weekly DGO List. Thank you. I always look at each chart on =
your list=20
and will continue to do so even under current market=20
conditions.</FONT></DIV>
<DIV><FONT face=3D"Comic Sans MS" size=3D2> </FONT></DIV>
<DIV><FONT face=3D"Comic Sans MS" size=3D2>Right now I am losing =
money like=20
most of the others in the group so will have to get used =
to taking=20
small profits for now.</FONT></DIV>
<DIV><FONT size=3D2></FONT> </DIV>
<DIV><FONT face=3D"Comic Sans MS" size=3D2>All the best, Patti =
</FONT></DIV>
<BLOCKQUOTE=20
style=3D"BORDER-LEFT: #000000 2px solid; MARGIN-LEFT: 5px; MARGIN-RIGHT: =
0px; PADDING-LEFT: 5px; PADDING-RIGHT: 0px">
<DIV style=3D"FONT: 10pt arial">----- Original Message ----- </DIV>
<DIV=20
style=3D"BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: =
black"><B>From:</B>=20
<A href=3D"mailto:stkguru@netside.net" title=3Dstkguru@netside.net>Tom =
Worley</A>=20
</DIV>
<DIV style=3D"FONT: 10pt arial"><B>To:</B> <A =
href=3D"mailto:canslim@xmission.com"=20
title=3Dcanslim@xmission.com>CANSLIM</A> </DIV>
<DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Saturday, June 16, 2001 =
4:23=20
PM</DIV>
<DIV style=3D"FONT: 10pt arial"><B>Subject:</B> [CANSLIM] DGO =
List</DIV>
<DIV><BR></DIV>
<DIV><FONT size=3D2>
<DIV><FONT size=3D2><FONT size=3D2><FONT size=3D2>List is down =
again this week=20
at 202, last week at 228. Before that it was 238 and 278.</FONT> =
A truly=20
dreary week, but the market was kind to my small caps, hitting a new =
portfolio=20
high and closing the week very close to that high. So I approach the =
list this=20
week with a "glass half full" attitude. But overall "M" is definitely =
looking=20
ugly, at least until we get well into the earnings reporting cycle. =
And still=20
on the horizon is the FOMC meeting on 6/26/01, a rate cut is a given, =
but the=20
magnitude of that cut will likely dictate the short term "M".=20
<DIV> </DIV>
<DIV><FONT size=3D2><FONT size=3D2><FONT size=3D2><FONT size=3D2>This =
original list=20
from DGO consists of those stocks in the Daily Graphs books =
(roughly=20
2,800) that as of Friday had both RS and EPS of 80 or better. =20
Additionally, they must have been at or within 5% of the 12 month high =
during=20
the prior week. In my review of this overall list, I am only focusing =
on the=20
recent (6 months) chart patterns.=20
<DIV> </DIV>
<DIV><FONT size=3D2>This review of the overall list is solely intended =
to=20
identify stocks with good CANSLIM qualities, using authentic WON =
sourced data,=20
that are showing some kind of constructive chart formation. The =
idea is=20
to present some candidates for member's watch list, not to suggest =
they are=20
presently a "buy" candidate. No due diligence has been done. My own =
personal=20
bias against certain indust<FONT size=3D2>ries is largely ignored in =
the=20
review.</FONT></FONT></DIV>
<DIV> </DIV>
<DIV><FONT size=3D2><FONT size=3D2>As always, my shorthand notation is =
Bx where=20
"B" means a "B"ase of "x" weeks, IMO. So, a B5 notation means I see a =
base of=20
5 weeks duration.</FONT></FONT></DIV>
<DIV> </DIV>
<DIV><FONT size=3D2><FONT size=3D2>LLUR =3D Lower Left Upper=20
Right</FONT></FONT></DIV>
<DIV> </DIV>
<DIV>Is anybody still reading / using this list? Should I suspend it =
until "M"=20
turns positive again?</DIV>
<DIV> </DIV>
<DIV>Stocks with bases forming were heavily dominated by small =
regional banks.=20
I suspect these groups are doing so well due the large number getting=20
acquired.</DIV>
=
<DIV></FONT></FONT></FONT></FONT></FONT></FONT> </DIV></DIV></DIV></=
FONT></DIV>
<DIV><FONT size=3D2>EPIQ - b/o Wed, about 10% extended, =
DISCLOSURE: I=20
still own a qtr position</FONT></DIV>
<DIV><FONT size=3D2>MTON - despite Friday's trading range, it closed =
in the base=20
forming at 55 on heavy volume</FONT></DIV>
<DIV><FONT size=3D2>TARO - the LLUR pattern is getting away from the =
50 DMA,=20
trend is accelerating</FONT></DIV>
<DIV><FONT size=3D2>PECS - sloppy B4</FONT></DIV>
<DIV><FONT size=3D2>KKD - price spike on Fri just under the pivot on =
volume,=20
B2+, 2:1 split coming</FONT></DIV>
<DIV><FONT size=3D2>NYCB - handle forming on a very flat =
saucer</FONT></DIV>
<DIV><FONT size=3D2>RLRN - double bottom with capitulation, =
approaching the=20
pivot</FONT></DIV>
<DIV><FONT size=3D2>ESI - B2</FONT></DIV>
<DIV><FONT size=3D2>PLB - LLUR</FONT></DIV>
<DIV><FONT size=3D2>QUIX - double bottom??, @pivot</FONT></DIV>
<DIV><FONT size=3D2>FLYA - B1+</FONT></DIV>
<DIV><FONT size=3D2>WLT - B2, dividend cut</FONT></DIV>
<DIV><FONT size=3D2>UHCO - B5, b/o Friday, low volume, low =
price</FONT></DIV>
<DIV><FONT size=3D2>URS - B3</FONT></DIV>
<DIV><FONT size=3D2>DME - LLUR</FONT></DIV>
<DIV><FONT size=3D2>RDN - B4</FONT></DIV>
<DIV><FONT size=3D2>FCN - B2+</FONT></DIV>
<DIV><FONT size=3D2>NFB - settling into a shallow LLUR</FONT></DIV>
<DIV><FONT size=3D2>ATK - B7</FONT></DIV>
<DIV><FONT size=3D2>CITZ - B5</FONT></DIV>
<DIV><FONT size=3D2>BMET - B2+</FONT></DIV>
<DIV><FONT size=3D2>FNFG - B6</FONT></DIV>
<DIV><FONT size=3D2>AMIE - B2+</FONT></DIV>
<DIV><FONT size=3D2>RBNC - B6</FONT></DIV>
<DIV><FONT size=3D2>UMPQ - B4+</FONT></DIV>
<DIV><FONT size=3D2>PBKS - B4</FONT></DIV>
<DIV><FONT size=3D2>BPOP - B3</FONT></DIV>
<DIV><FONT size=3D2>EFX - B2</FONT></DIV>
<DIV><FONT size=3D2>CLJ - B2</FONT></DIV>
<DIV><FONT size=3D2>HRL - B2</FONT></DIV>
<DIV><FONT size=3D2>FESX - B3</FONT></DIV>
<DIV><FONT size=3D2>ALLE - B4+</FONT></DIV>
<DIV> </DIV>
<DIV><FONT size=3D2>Happy Hunting,</FONT></DIV>
<DIV> </DIV>
<DIV><FONT size=3D2>Tom Worley<BR><A=20
href=3D"mailto:stkguru@netside.net">stkguru@netside.net</A><BR>AIM:=20
TexWorley<BR></FONT></DIV></BLOCKQUOTE></BODY></HTML>
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- -In the email body, write "subscribe canslim" or
- -"unsubscribe canslim". Do not use quotes in your email.
------------------------------
Date: Sat, 16 Jun 2001 20:58:58 -0700
From: "Chris McShaffrey" <mcjass@bigbear.net>
Subject: [CANSLIM] Lurker:Intro
This is a multi-part message in MIME format.
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charset="iso-8859-1"
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Just wanted to say hello. My name is Chris McShaffrey and I live in Big =
Bear Lake, California (in the mountains approx 2 l/2 hours east of Los =
Angeles - We don't live on the lake, or in it, but we have a wonderful =
view of it).
I have been an IBD subscriber since January, 2001 and a DGO subscriber =
since May. Although I have invested in mutual funds for years, my first =
stock purchase was not until March, 2000 (AMAT) shortly after which the =
Nasdaq had it biggest loss of the year, and then it's biggest loss in =
history. The newsletter I was following also had its biggest loss in =
its 30 year history!
Well, I have made some major mistakes and looking back I can't believe =
how easy I thought it would be. I find this all very interesting and =
challenging. I retired from the real estate business approximately 3 =
years ago and commend those of you who still work and are able to keep =
up with all this. I retired at 48 due to our successes in real estate =
so I feel somewhat confident that I will be able to extend these =
successes to the stock market.
Right now, I'm feeling a little overwhelmed. I'm still reading HTMMIS, =
24ELFIS, the archives and trying to keep up with IBD.
Did you ever see the commercial on TV several years ago on the Yellow =
Pages? A woman owned a florist/plant shop and the plants started =
growing and wrapping around her. She was frantically searching through =
the yellow pages to find a source for exotic plants. I feel the same =
way - the email is coming in, the printer is spilling out stock reports, =
the lastest issue of IBD has just been delivered, the talking heads on =
CNBC are telling us about the latest developments and I'm frantically =
calling my Broker asking "What stock are you recommending?"
A few questions/comments and I hope you will bear with me since I have =
not gotten through all the info:
1. Does anyone also subscribe to ValueLine. IBD highly rated stocks =
seem to overlap in VL;
2. Since I am still studying charts, I have noticed on quite a few =
occasions when a stock hits a high, there is a 3 to 4 day selloff (CPN, =
ESRX, RLRN)
Is there always a pattern or do you just ignore any that may be =
unreadable?
3. If its difficult for a stock to have all excellent CANSLIM ratings, =
what part of CANSLIM will you accept with a lower rating.
4. Are the IBD Seminars beneficial
5. I am somewhat disappointed that there was only one response to Jay =
Oken's question on June 10th.
6. I am not interested in day trading. My original concept was that if =
you bought the right stock, you could hold on forever. Hopefully there's =
a happy medium.
7. Just starting to get into the archives and haven't seen some of the =
names here recently.=20
Believe me, I have learned, alot! I'm impressed with the volume of =
information by IBD and with the wonderful discussions on this site. I =
didn't find you until May. I feel you are all much more experienced =
than me and appreciate the chance to be a part of this group. Since I =
am a pretty new to all this, I hope to contribute when I am a little =
more experienced but I find alot of my questions are answered as I go =
through the discussions.
Hope I have not rambled on here - just wanted to let you know another =
"lurker" is out there and appreciates your contributions. I wonder how =
many others are out there.....
Chris Mc
PS. Jay - we're all in a slump. I'm trying to use this time as an =
opportunity to learn from our mistakes and be ready for the next upleg.
P.S. Tom - your lists are very useful.
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<STYLE></STYLE>
</HEAD>
<BODY bgColor=3D#ffffff>
<DIV><FONT face=3DArial size=3D2>Just wanted to say hello. My name =
is Chris=20
McShaffrey and I live in Big Bear Lake, California (in the mountains =
approx 2=20
l/2 hours east of Los Angeles - We don't live on the lake, or in it, but =
we have=20
a wonderful view of it).</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT> </DIV>
<DIV><FONT face=3DArial size=3D2>I have been an IBD subscriber since =
January, 2001=20
and a DGO subscriber since May. Although I have invested in mutual =
funds=20
for years, my first stock purchase was not until March, 2000 (AMAT) =
shortly=20
after which the Nasdaq had it biggest loss of the year, and then it's =
biggest=20
loss in history. The newsletter I was following also had its =
biggest loss=20
in its 30 year history!</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT> </DIV>
<DIV><FONT face=3DArial size=3D2>Well, I have made some major mistakes =
and looking=20
back I can't believe how easy I thought it would be. I find this =
all very=20
interesting and challenging. I retired from the real estate =
business=20
approximately 3 years ago and commend those of you who still work and =
are able=20
to keep up with all this. I retired at 48 due to our successes in =
real=20
estate so I feel somewhat confident that I will be able to extend these=20
successes to the stock market.</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT> </DIV>
<DIV><FONT face=3DArial size=3D2>Right now, I'm feeling a little =
overwhelmed. =20
I'm still reading HTMMIS, 24ELFIS, the archives and trying to keep =
up with=20
IBD.</FONT></DIV>
<DIV><FONT face=3DArial size=3D2>Did you ever see the commercial on TV =
several years=20
ago on the Yellow Pages? A woman owned a florist/plant shop and =
the plants=20
started growing and wrapping around her. She was =
frantically=20
searching through the yellow pages to find a source for exotic =
plants. I=20
feel the same way - the email is coming in, the printer is spilling =
out=20
stock reports, the lastest issue of IBD has just been delivered, =
the=20
talking heads on CNBC are telling us about the latest developments and =
I'm=20
frantically calling my Broker asking "What stock are you=20
recommending?"</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT> </DIV>
<DIV><FONT face=3DArial size=3D2>A few questions/comments and I hope you =
will bear=20
with me since I have not gotten through all the info:</FONT></DIV>
<DIV><FONT face=3DArial size=3D2>1. Does anyone also subscribe to=20
ValueLine. IBD highly rated stocks seem to overlap in =
VL;</FONT></DIV>
<DIV><FONT face=3DArial size=3D2>2. Since I am still studying =
charts, I have=20
noticed on quite a few occasions when a stock hits a high, there is =
a 3 to=20
4 day selloff (CPN, ESRX, RLRN)</FONT></DIV>
<DIV><FONT face=3DArial size=3D2>Is there always a pattern or do you =
just ignore any=20
that may be unreadable?</FONT></DIV>
<DIV><FONT face=3DArial size=3D2>3. If its difficult for a stock =
to have all=20
excellent CANSLIM ratings, what part of CANSLIM will you accept with a =
lower=20
rating.</FONT></DIV>
<DIV><FONT face=3DArial size=3D2>4. Are the IBD Seminars=20
beneficial</FONT></DIV>
<DIV><FONT face=3DArial size=3D2>5. I am somewhat disappointed =
that there was=20
only one response to Jay Oken's question on June 10th.</FONT></DIV>
<DIV><FONT face=3DArial size=3D2>6. I am not interested in day =
trading. =20
My original concept was that if you bought the right stock, you could =
hold on=20
forever. Hopefully there's a happy medium.</FONT></DIV>
<DIV><FONT face=3DArial size=3D2>7. Just starting to get into the =
archives and=20
haven't seen some of the names here recently. </FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT> </DIV>
<DIV><FONT face=3DArial size=3D2>Believe me, I have learned, alot! =
I'm=20
impressed with the volume of information by IBD and with the wonderful=20
discussions on this site. I didn't find you until May. I =
feel you=20
are all much more experienced than me and appreciate the chance to be a =
part of=20
this group. Since I am a pretty new to all this, I hope to =
contribute when=20
I am a little more experienced but I find alot of my questions are =
answered as I=20
go through the discussions.</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT> </DIV>
<DIV><FONT face=3DArial size=3D2>Hope I have not rambled on here - just =
wanted to=20
let you know another "lurker" is out there and appreciates your=20
contributions. I wonder how many others are out =
there.....</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT> </DIV>
<DIV><FONT face=3DArial size=3D2>Chris Mc</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT> </DIV>
<DIV><FONT face=3DArial size=3D2>PS. Jay - we're all in a =
slump. I'm=20
trying to use this time as an opportunity to learn from our =
mistakes and be=20
ready for the next upleg.</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT> </DIV>
<DIV><FONT face=3DArial size=3D2>P.S. Tom - your lists are very=20
useful.</FONT></DIV></BODY></HTML>
- ------=_NextPart_000_0004_01C0F6A7.29A93420--
- -
- -To subscribe/unsubscribe, email "majordomo@xmission.com"
- -In the email body, write "subscribe canslim" or
- -"unsubscribe canslim". Do not use quotes in your email.
------------------------------
Date: Sat, 16 Jun 2001 21:10:22 -0700
From: "Chris McShaffrey" <mcjass@bigbear.net>
Subject: [CANSLIM] Lurker:Intro
This is a multi-part message in MIME format.
- ------=_NextPart_000_0004_01C0F6A8.C11E4920
Content-Type: text/plain;
charset="iso-8859-1"
Content-Transfer-Encoding: quoted-printable
Just wanted to say hello. My name is Chris McShaffrey and I live in Big =
Bear Lake, California (in the mountains approx 2 l/2 hours east of Los =
Angeles - We don't live on the lake, or in it, but we have a wonderful =
view).
I have been an IBD subscriber since January, 2001 and a DGO subscriber =
since May. Although I have invested in mutual funds for years, my first =
stock purchase was not until March, 2000 (AMAT) shortly after which the =
Nasdaq had it biggest loss of the year, and then it's biggest loss in =
history. And then, the newsletter I was following also had its biggest =
loss in its 30 year history!
Well, I have made some major mistakes and looking back I can't believe =
how easy I thought it would be. I find this all very interesting and =
challenging. I retired from the real estate business approximately 3 =
years ago and commend those of you who still work and are able to keep =
up with all this. I retired at 48 due to our successes in real estate =
so I feel somewhat confident that I will be able to extend these =
successes to the stock market.
Right now, I'm feeling a little overwhelmed. I'm still reading HTMMIS, =
24ELFIS, the archives and trying to keep up with IBD.
Did you ever see the commercial on TV several years ago on the Yellow =
Pages? A woman owned a florist/plant shop and the plants started =
growing and wrapping around her. She was frantically searching through =
the yellow pages to find a source for exotic plants. I feel the same =
way - the email is coming in, the printer is spilling out stock reports, =
the latest issue of IBD has just been delivered, a news flash has just =
been announced by CNBC with the latest developments and I'm frantically =
calling my Broker asking "What stock did you tell me to Buy?"
A few questions/comments and I hope you will bear with me since I have =
not gotten through all the tools:
1. Does anyone also subscribe to ValueLine. IBD highly rated stocks =
seem to overlap in VL;
2. Since I am still studying charts, I have noticed on quite a few =
occasions when a stock hits a high, there is a 3 to 4 day selloff (CPN, =
ESRX);
Is there always a pattern or do you just ignore any that may be =
unreadable?
3. If its difficult for a stock to have all excellent CANSLIM ratings, =
what part of CANSLIM will you accept with a lower rating?
4. Are the IBD Seminars beneficial?
5. I am somewhat disappointed that there was only one response to Jay =
Oken's question on June 10th.
6. I am not interested in day trading. My original concept was that if =
you bought the right stock, you could hold on forever. Hopefully, =
there's a happy medium.
7. Just starting to get into the archives and haven't seen some of the =
names here recently.=20
Believe me, I have learned, a lot! I'm impressed with the volume of =
information by IBD and with the wonderful discussions on this site. I =
didn't find you until May. I feel you are all much more experienced =
than me and appreciate the chance to be a part of this group. Since I =
am a pretty new to all this, I hope to contribute when I am a little =
more experienced but I find my questions are answered as I go through =
the discussions.
Hope I have not rambled on here - just wanted to let you know another =
"lurker" is out there and appreciates your contributions. I wonder how =
many others are out there.....
Chris Mc
P.S. Jay - I'm in a slump too. I'm using this time as a learning =
opportunity to be prepared for the next upleg.
P.S. Tom - Thanks for your DGO List. I find it very helpful.
- ------=_NextPart_000_0004_01C0F6A8.C11E4920
Content-Type: text/html;
charset="iso-8859-1"
Content-Transfer-Encoding: quoted-printable
<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN">
<HTML><HEAD>
<META http-equiv=3DContent-Type content=3D"text/html; =
charset=3Diso-8859-1">
<META content=3D"MSHTML 5.50.4134.100" name=3DGENERATOR>
<STYLE></STYLE>
</HEAD>
<BODY bgColor=3D#ffffff>
<DIV><FONT face=3DArial size=3D2>Just wanted to say hello. My name =
is Chris=20
McShaffrey and I live in Big Bear Lake, California (in the mountains =
approx 2=20
l/2 hours east of Los Angeles - We don't live on the lake, or in it, but =
we have=20
a wonderful view).</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT> </DIV>
<DIV><FONT face=3DArial size=3D2>I have been an IBD subscriber since =
January, 2001=20
and a DGO subscriber since May. Although I have invested in mutual =
funds=20
for years, my first stock purchase was not until March, 2000 (AMAT) =
shortly=20
after which the Nasdaq had it biggest loss of the year, and then it's =
biggest=20
loss in history. And then, the newsletter I was following also had =
its=20
biggest loss in its 30 year history!</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT> </DIV>
<DIV><FONT face=3DArial size=3D2>Well, I have made some major mistakes =
and looking=20
back I can't believe how easy I thought it would be. I find this =
all very=20
interesting and challenging. I retired from the real estate =
business=20
approximately 3 years ago and commend those of you who still work and =
are able=20
to keep up with all this. I retired at 48 due to our successes in =
real=20
estate so I feel somewhat confident that I will be able to extend these=20
successes to the stock market.</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT> </DIV>
<DIV><FONT face=3DArial size=3D2>Right now, I'm feeling a little =
overwhelmed. =20
I'm still reading HTMMIS, 24ELFIS, the archives and trying to keep =
up with=20
IBD.</FONT></DIV>
<DIV><FONT face=3DArial size=3D2>Did you ever see the commercial on TV =
several years=20
ago on the Yellow Pages? A woman owned a florist/plant shop and =
the plants=20
started growing and wrapping around her. She was =
frantically=20
searching through the yellow pages to find a source for exotic =
plants. I=20
feel the same way - the email is coming in, the printer is spilling =
out=20
stock reports, the latest issue of IBD has just been delivered, a =
news=20
flash has just been announced by CNBC with the latest =
developments and=20
I'm frantically calling my Broker asking "What stock did you tell =
me to=20
Buy?"</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT> </DIV>
<DIV><FONT face=3DArial size=3D2>A few questions/comments and I hope you =
will bear=20
with me since I have not gotten through all the tools:</FONT></DIV>
<DIV><FONT face=3DArial size=3D2>1. Does anyone also subscribe to=20
ValueLine. IBD highly rated stocks seem to overlap in =
VL;</FONT></DIV>
<DIV><FONT face=3DArial size=3D2>2. Since I am still studying =
charts, I have=20
noticed on quite a few occasions when a stock hits a high, there is =
a 3 to=20
4 day selloff (CPN, ESRX);</FONT></DIV>
<DIV><FONT face=3DArial size=3D2>Is there always a pattern or do you =
just ignore any=20
that may be unreadable?</FONT></DIV>
<DIV><FONT face=3DArial size=3D2>3. If its difficult for a stock =
to have all=20
excellent CANSLIM ratings, what part of CANSLIM will you accept with a =
lower=20
rating?</FONT></DIV>
<DIV><FONT face=3DArial size=3D2>4. Are the IBD Seminars=20
beneficial?</FONT></DIV>
<DIV><FONT face=3DArial size=3D2>5. I am somewhat disappointed =
that there was=20
only one response to Jay Oken's question on June 10th.</FONT></DIV>
<DIV><FONT face=3DArial size=3D2>6. I am not interested in day =
trading. =20
My original concept was that if you bought the right stock, you could =
hold on=20
forever. Hopefully, there's a happy medium.</FONT></DIV>
<DIV><FONT face=3DArial size=3D2>7. Just starting to get into the =
archives and=20
haven't seen some of the names here recently. </FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT> </DIV>
<DIV><FONT face=3DArial size=3D2>Believe me, I have learned, a =
lot! I'm=20
impressed with the volume of information by IBD and with the wonderful=20
discussions on this site. I didn't find you until May. I =
feel you=20
are all much more experienced than me and appreciate the chance to be a =
part of=20
this group. Since I am a pretty new to all this, I hope to =
contribute when=20
I am a little more experienced but I find my questions are =
answered as I=20
go through the discussions.</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT> </DIV>
<DIV><FONT face=3DArial size=3D2>Hope I have not rambled on here - just =
wanted to=20
let you know another "lurker" is out there and appreciates your=20
contributions. I wonder how many others are out =
there.....</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT> </DIV>
<DIV><FONT face=3DArial size=3D2>Chris Mc</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT> </DIV>
<DIV><FONT face=3DArial size=3D2>P.S. Jay - I'm in a slump =
too. I'm=20
using this time as a learning opportunity to be prepared for =
the next=20
upleg.</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT> </DIV>
<DIV><FONT face=3DArial size=3D2>P.S. Tom - Thanks for your DGO =
List. I=20
find it very helpful.</FONT></DIV></BODY></HTML>
- ------=_NextPart_000_0004_01C0F6A8.C11E4920--
- -
- -To subscribe/unsubscribe, email "majordomo@xmission.com"
- -In the email body, write "subscribe canslim" or
- -"unsubscribe canslim". Do not use quotes in your email.
------------------------------
Date: Sat, 16 Jun 2001 22:19:35 -0600
From: "Patrick Wahl" <pwahl@prodigy.net>
Subject: Re: [CANSLIM] Re : M
by the way
On 16 Jun 01, at 22:12, ernieh wrote:
> ---------- Original Message ----------------------------------
> From: "Nicholas Barone" <nvbarone@hotmail.com>
> Reply-To: canslim@lists.xmission.com
> Date: Sat, 16 Jun 2001 13:03:55 -0700
>
> >>BTW Ernie thank you for your
>
> Nick,
>
> I am not familar with some of the short-hand. I figured out IMHO, but I am drawing a blank on BTW?
>
> -
> -To subscribe/unsubscribe, email "majordomo@xmission.com"
> -In the email body, write "subscribe canslim" or
> -"unsubscribe canslim". Do not use quotes in your email.
- -
- -To subscribe/unsubscribe, email "majordomo@xmission.com"
- -In the email body, write "subscribe canslim" or
- -"unsubscribe canslim". Do not use quotes in your email.
------------------------------
End of canslim-digest V2 #1500
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