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From: owner-canslim-digest@lists.xmission.com (canslim-digest)
To: canslim-digest@lists.xmission.com
Subject: canslim-digest V2 #513
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 Thursday, January 28 1999 Volume 02 : Number 513
In this issue:
[CANSLIM] Acc/Dis Numbers
Re: [CANSLIM] Tom, Do you know if
[CANSLIM] Industry Groups
[CANSLIM] Timberline Software (TMBS)
Re: [CANSLIM] Timberline Software (TMBS)
Thanks re: Re: [CANSLIM] Quotes Plus 2 telephone numbers
Re: [CANSLIM] Timberline Software (TMBS)
Re: [CANSLIM] Timberline Software (TMBS)
[CANSLIM] A bit on charting [Connie Mack]
[CANSLIM] AOL near breakout of 5 week base
Re: [CANSLIM] AOL near breakout of 5 week base
Re: [CANSLIM] AOL near breakout of 5 week base
[CANSLIM] Schwab ethics
Re: [CANSLIM] AOL near breakout of 5 week base
[CANSLIM] Marder's Yellow Light
[CANSLIM] The Zen of Investing
Re: [CANSLIM] Schwab ethics
Re: [CANSLIM] Schwab ethics
Re: [CANSLIM] Schwab ethics
Re: [CANSLIM] The Zen of Investing
Re: [CANSLIM] The Zen of Investing
[CANSLIM] Limit Orders
[CANSLIM] Gennum Corporation
Re: [CANSLIM] Gennum Corporation
Re: [CANSLIM] The Zen of Investing
[CANSLIM] misc thoughts
----------------------------------------------------------------------
Date: Wed, 27 Jan 1999 20:55:28 EST
From: FBNAirPlt@aol.com
Subject: [CANSLIM] Acc/Dis Numbers
Here are the latest Acc/Dis Numbers
Date A B C D E AB/A:E %E
1/15/99 1277 2819 1256 1005 361 61% 5%
1/18/99 1224 2776 1286 1059 388 59% 6%
1/20/99 1301 2836 1245 1012 365 61% 5%
1/21/99 1352 2808 1231 993 392 61% 6%
1/22/99 1352 2808 1231 993 392 61% 6%
1/25/99 1296 2757 1234 1053 424 60% 6%
1/26/99 1260 2748 1236 1083 427 59% 6%
1/27/99 1256 2741 1247 1089 414 59% 6%
Spreadsheet version:
Date,A,B,C,D,E,AB/A:E,%E
1/18/99,1224,2776,1286,1059,388,59%,6%
1/20/99,1301,2836,1245,1012,365,61%,5%
1/21/99,1352,2808,1231,993,392,61%,6%
1/22/99,1352,2808,1231,993,392,61%,6%
1/25/99,1296,2757,1234,1053,424,60%,6%
1/26/99,1260,2748,1236,1083,427,59%,6%
1/27/99,1256,2741,1247,1089,414,59%,6%
Robert
- -
------------------------------
Date: Wed, 27 Jan 1999 23:04:34 -0500
From: "Tom Worley" <stkguru@netside.net>
Subject: Re: [CANSLIM] Tom, Do you know if
Hi Ed,
To the best of my knowledge, the govt stats on housing are
only for permanent dwellings. However, a lot of the "prefab"
housing units are considered permanent, just because they
are prefabbed off-site shouldn't change this.
I hope you're wrong about 30 of the 50 top Naz stocks being
five letters, unless a lot of the 30 end with an "A" or "B",
indicating a different class of a US company, rather than a
foreign company. The "Y" means foreign, and usually
European. A "F" would also mean foreign, usually Canadian or
Israeli, altho could be some other countries as well (it's
just that these two countries like to like on Naz).
In my reviews, I have not been encountering very many
foreign stocks, regardless or national origin. Maybe one out
of 25 or 30 would pop up on my radar. From personal
experience, I just won't consider Canadian cos, their
regulators (or regulations) are just too lax, and too many
turn out to be total scams. Likewise, I will rarely consider
any other "F" ending five letter symbols, tho Israel is
really a heavy tech country. But they also have a heavy nr
of bio and biotech corps, which I stay away from. I did give
in and trade a couple "Y" stocks in 1998 quite successfully,
my first foreign stocks in a number of years. But generally
I just am not interested in taking on the added risk of
currency exchange changes on top of all the other risks
already inherent in the US stock mkt. At least with a
domestic co, I can keep up with the politics, economy, tax
law change, industry trends etc. Far tougher to do this with
a foreign co.
Most "international" funds will actually be buying shares on
the foreign exchanges in the native currencies, rather than
buying the ADR versions listed here (typically on NYSE for
bigger cos, and Naz for smaller ones). This means they also
have to calculate the entry point in terms of currency
exchange rates, but can sometimes pay extra dividends.
Tom W
stkguru@netside.net
ICQ # 5568838
- -----Original Message-----
From: TM <edmalone@yahoo.com>
To: canslim@lists.xmission.com <canslim@lists.xmission.com>
Date: Wednesday, January 27, 1999 7:11 PM
Subject: Re: [CANSLIM] Tom, Do you know if
prefab or premanufactured housing is included with housing
starts?
And another question about interpreting
http://www.amgdata.com/, a
site which details where money flows weekly. Actually,
several
questions while I try to get my head on straight (and these
are really
basic, I'm sure). I am guessing the growth stocks would be
the Jr.
and Sr. growth stocks and others like them as listed in the
IBD, is
that correct? Also, roughly 30 of the top 50 NAZ stocks are
5 digits.
Is buying something like ERICY, which is listed in the IBD
considered
international investing? If not, where are the funds that
are being
invested internationally going?
Thanks, again. TM
_________________________________________________________
DO YOU YAHOO!?
Get your free @yahoo.com address at http://mail.yahoo.com
- -
- -
------------------------------
Date: Wed, 27 Jan 1999 20:24:00 -0800
From: "George W. Gregory" <gwg@mediaone.net>
Subject: [CANSLIM] Industry Groups
Not that anyone really cares, but there always has been a "Public Trd Inv
Fds" group. However, Bill O'Neil wanted it broken down into two seperate
groups. So now, there is one for equities and one for debt, or fixed income.
tiger49er
- -
------------------------------
Date: Wed, 27 Jan 1999 23:55:55 -0500
From: "Tom Worley" <stkguru@netside.net>
Subject: [CANSLIM] Timberline Software (TMBS)
Has anybody in the group got the "official" First Call
estimates for this one?? They just reported 28 cents a
share, which looks good and is reported several days early,
and supposedly is a penny a share better than estimates, but
I don't know the source of the estimate. Better still,
anyone heard any "whispers"???
Tom W
stkguru@netside.net
ICQ # 5568838
- -
------------------------------
Date: Wed, 27 Jan 1999 22:02:51 -0800
From: "Patrick Wahl" <pwahl@postoffice.worldnet.att.net>
Subject: Re: [CANSLIM] Timberline Software (TMBS)
From: "Tom Worley" <stkguru@netside.net>
To: "CANSLIM" <canslim@xmission.com>
> Has anybody in the group got the "official" First Call
> estimates for this one?? They just reported 28 cents a
> share, which looks good and is reported several days early,
> and supposedly is a penny a share better than estimates, but
> I don't know the source of the estimate. Better still,
> anyone heard any "whispers"???
I can give you Zacks' number, if that is of any use - they say 27
cents per share, so a penny ahead by at least one estimate.
- -
------------------------------
Date: Wed, 27 Jan 1999 22:41:19 -0700
From: "James H. Coburn" <cando@highfiber.com>
Subject: Thanks re: Re: [CANSLIM] Quotes Plus 2 telephone numbers
Hi Patrick!
Thank you very much for your reply below to my request for QP2 info. I
ordered the program and it just arrived today. Someone told me that they
liked the personal programming / scanning capabilities, so I'm going to work
with setting up some scans that will hopefully guide me toward CAN SLIM
stocks.
Anyway, thanks again. Hope your stock picks are all winners.
James Coburn
Albuquerque, NM (soon to be Burbank, CA)
- -----Original Message-----
From: Patrick Wahl <pwahl@postoffice.worldnet.att.net>
To: canslim@lists.xmission.com <canslim@lists.xmission.com>
Date: Tuesday, January 19, 1999 5:25 PM
Subject: Re: [CANSLIM] Quotes Plus 2 telephone numbers
From: "James H. Coburn" <cando@highfiber.com>
To: "CAN SLIM" <canslim@lists.xmission.com>
> PS If you are a user, do you like it, it is so-so, or does it have
"fatal"
> flaws?
I've been using it for two months now, like it quite a bit. Has some
good scanning capablities - you can pretty closely approximate a
canslim scan by using an earnings growth function in lieu of the
EPS rank, and QP has their own RS ranking. I think its a great
deal.
- -
- -
------------------------------
Date: Wed, 27 Jan 1999 23:31:44 -0800
From: Quan Tran <qt@qware.com>
Subject: Re: [CANSLIM] Timberline Software (TMBS)
At 11:55 PM 1/27/99 -0500, you wrote:
>Has anybody in the group got the "official" First Call
>estimates for this one?? They just reported 28 cents a
>share, which looks good and is reported several days early,
>and supposedly is a penny a share better than estimates, but
>I don't know the source of the estimate. Better still,
>anyone heard any "whispers"???
>
>Tom W
>stkguru@netside.net
>ICQ # 5568838
>
Found .27 for estimate from these URLs:
http://mw.dbc.com/baseline/TMBS/P2A.GIF
http://wwwo.zacks.com/ows-bin/owa/zbrc?tick=tmbs&comp_id=main&search=2
The report is scheduled for 01/29/1999. Where do you see the report?
Looks like they're 2-day early.
Quan Tran
qt@qware.com
- -
------------------------------
Date: Thu, 28 Jan 1999 07:55:03 -0500
From: "Tom Worley" <stkguru@netside.net>
Subject: Re: [CANSLIM] Timberline Software (TMBS)
Thanks Quan,
I read the story on Yahoo, as well as several other sites.
Tom W
stkguru@netside.net
ICQ # 5568838
- -----Original Message-----
From: Quan Tran <qt@qware.com>
To: canslim@lists.xmission.com <canslim@lists.xmission.com>
Date: Thursday, January 28, 1999 2:32 AM
Subject: Re: [CANSLIM] Timberline Software (TMBS)
At 11:55 PM 1/27/99 -0500, you wrote:
>Has anybody in the group got the "official" First Call
>estimates for this one?? They just reported 28 cents a
>share, which looks good and is reported several days early,
>and supposedly is a penny a share better than estimates,
but
>I don't know the source of the estimate. Better still,
>anyone heard any "whispers"???
>
>Tom W
>stkguru@netside.net
>ICQ # 5568838
>
Found .27 for estimate from these URLs:
http://mw.dbc.com/baseline/TMBS/P2A.GIF
http://wwwo.zacks.com/ows-bin/owa/zbrc?tick=tmbs&comp_id=mai
n&search=2
The report is scheduled for 01/29/1999. Where do you see
the report?
Looks like they're 2-day early.
Quan Tran
qt@qware.com
- -
- -
------------------------------
Date: Thu, 28 Jan 1999 09:07:41 -0500
From: Connie Mack Rea <rea1@ithink.net>
Subject: [CANSLIM] A bit on charting [Connie Mack]
MHX is a nice chart to examine; it gives a chance to test the prospect
of several indicators.
[1] Draw trendlines across the tops and bottoms for the last two
months. You should have a slightly descending triangle.
[2] Draw what is now both a resistance and support line across the
tops of late November and about a week into January. This should give a
very slight inclining line. The line is both support and resistance
because price has very slightly broken the line intraday but settled
back on the line at the close.
[3] Yesterday's rise went through both the 50 and 100 day EMA.
[4] Yesterday's rise was on high volume.
[5] The 3/7/10 EMA gave a First and Second Level buy.
[6] The SloSto gave a buy on the 22nd.
[7] With any rise today, the MACD will give a buy below the marker
[zero] line. A crossing of the two MACD lines above the marker line is
considered a safer [some say stronger] buy. However, if you're right, a
buy below promises greater profit.
[8] There is no major resistance before you reach the 22 high of a few
weeks ago.
[9] Momentum is rising. [I don't pay attention to momentum.]
From a technical side, MHX is a promising stock. It has several
indicators--in fact, all that I give serious weight to--that indicate a
move upward.
It is wise not to act, unless you have access to real time indicators,
before 10:00 or so. Give the pile up of orders accumulated before the
open a chance to have their affect, whatever it is.
I will try to buy some MHX this morning a little below or a little above
the close. I will not use a market order. I will not chase the stock.
I am still trading NOVL, rather heavily, and MU less so. I like the
looks of NOVL's chart. The MF/OBV looks good, along with other
technical indicators.
I still don't like the looks of the INDU as seen through the 3/7/10. I
will not hesitate to take any profits.
Connie Mack
- -
------------------------------
Date: Thu, 28 Jan 1999 12:26:08 +0100
From: Johan Van Houtven <Johan.VanHoutven@ping.be>
Subject: [CANSLIM] AOL near breakout of 5 week base
Is it fair to call the 5 week 20% range a base?
Closed up and near the intraday high for the last 3 days on increasing
volume. Looks bullish to me.
Earnings out yesterday after the close: .22/share and .17/share after
extraordinary stuff.
First Call concensus est. was: .14 So AOL handsomely beat the consensus
est. by 21%.
Compared to earnings of .05/share same Q last year:
(.17 - .5 ) / .5 = 240% increase in earnings
So we have 3 Qs of accelerating earnings in a row: +200% + 225% and now +240%
While revenue is decelerating (slightly): +67%, +65%, +62%
The +62% revenue increase comes from: 960M vs 592M in same Q last year.
CS numbers: 77 99 B not bad, not outstanding, but good for an internet co.
AOL also announced a 2/1 split. Lately a split announcement like this in a
"hot" stock has resulted in a run-up of the share price.
If AOL breaks 167, it's all time high, (closed @ 165.5 wednesday) it breaks
out of the rectangular 20% base.
Crystal ball gazing and wishfull-thinking: if it breaks out, the first stop
is around the upper resistance trendline in the 178 - 180 area. But with
the announced 2/1 split it might not pause there for too long.
Disclaimer: I'm in.
- -- Johan Van Houtven
- -
------------------------------
Date: Thu, 28 Jan 1999 10:14:40 -0500
From: "Robert Miller" <robmiller@trellis.net>
Subject: Re: [CANSLIM] AOL near breakout of 5 week base
On page 106 of HTMMIS, 2nd edition, the 34th sell rule is "Some stocks can
be sold when they are 70% to 100% above the 200-day moving average price
line." AOL is approximately 140% above its 200 dma. Does anyone know what
WON means by "some stocks"?
Rob
- -----Original Message-----
From: Johan Van Houtven <Johan.VanHoutven@ping.be>
To: canslim@lists.xmission.com <canslim@lists.xmission.com>
Date: Thursday, January 28, 1999 8:26 AM
Subject: [CANSLIM] AOL near breakout of 5 week base
>Is it fair to call the 5 week 20% range a base?
>
>Closed up and near the intraday high for the last 3 days on increasing
>volume. Looks bullish to me.
>
>Earnings out yesterday after the close: .22/share and .17/share after
>extraordinary stuff.
>
>First Call concensus est. was: .14 So AOL handsomely beat the consensus
>est. by 21%.
>
>Compared to earnings of .05/share same Q last year:
>
>(.17 - .5 ) / .5 = 240% increase in earnings
>
>So we have 3 Qs of accelerating earnings in a row: +200% + 225% and now
+240%
>
>While revenue is decelerating (slightly): +67%, +65%, +62%
>
>The +62% revenue increase comes from: 960M vs 592M in same Q last year.
>
>CS numbers: 77 99 B not bad, not outstanding, but good for an internet
co.
>
>AOL also announced a 2/1 split. Lately a split announcement like this in a
>"hot" stock has resulted in a run-up of the share price.
>
>If AOL breaks 167, it's all time high, (closed @ 165.5 wednesday) it breaks
>out of the rectangular 20% base.
>
>Crystal ball gazing and wishfull-thinking: if it breaks out, the first stop
>is around the upper resistance trendline in the 178 - 180 area. But with
>the announced 2/1 split it might not pause there for too long.
>
>Disclaimer: I'm in.
>
>
>
>-- Johan Van Houtven
>
>
>
>-
>
>
- -
------------------------------
Date: Thu, 28 Jan 1999 07:20:17 -0800
From: Tim Fisher <tim@orerockon.com>
Subject: Re: [CANSLIM] AOL near breakout of 5 week base
Ditto, I waited until I thought I saw the bottom of the base & got back in (3rd
time around for AOL). I ranked Ian's Mattress Stuffer list on CANSLIM criteria
and it is near the top. Briefly here they are in order of 5-yr EPS growth:
*DELL
*AOL
*LU
*CSCO
*MSFT
**SWY
*INTC
**HD
**COST
*PFE
KO
G
MRK
PG
**WMT
I am using most of my trading money to buy into this list; only about 20% is
now going to CANSLIM picks. * means I am in; ** means I want in when I get some
more cash.
At 12:26 PM 1/28/99 +0100, you wrote:
>Is it fair to call the 5 week 20% range a base?
>
>Closed up and near the intraday high for the last 3 days on increasing
>volume. Looks bullish to me.
>
>Earnings out yesterday after the close: .22/share and .17/share after
>extraordinary stuff.
>
>First Call concensus est. was: .14 So AOL handsomely beat the consensus
>est. by 21%.
>
>Compared to earnings of .05/share same Q last year:
>
>(.17 - .5 ) / .5 = 240% increase in earnings
>
>So we have 3 Qs of accelerating earnings in a row: +200% + 225% and now +240%
>
>While revenue is decelerating (slightly): +67%, +65%, +62%
>
>The +62% revenue increase comes from: 960M vs 592M in same Q last year.
>
>CS numbers: 77 99 B not bad, not outstanding, but good for an internet co.
>
>AOL also announced a 2/1 split. Lately a split announcement like this in a
>"hot" stock has resulted in a run-up of the share price.
>
>If AOL breaks 167, it's all time high, (closed @ 165.5 wednesday) it breaks
>out of the rectangular 20% base.
>
>Crystal ball gazing and wishfull-thinking: if it breaks out, the first stop
>is around the upper resistance trendline in the 178 - 180 area. But with
>the announced 2/1 split it might not pause there for too long.
>
>Disclaimer: I'm in.
>
>
>
>-- Johan Van Houtven
>
>
>
>-
>
Tim Fisher, 1995 President, Pacific Fishery Biologists
Ore-ROCK-On Rockhounding Web Site
PFB Information
mailto:tim@OreRockOn.com
WWW http://OreRockOn.com
- -
------------------------------
Date: Thu, 28 Jan 1999 07:29:50 -0800
From: Tim Fisher <tim@orerockon.com>
Subject: [CANSLIM] Schwab ethics
OK I am soliciting input on a situation which I perceive to be very unfair
to institutional customers of Schwab. Basically I have a 401k through
Diversified Investment Advisors which offer a Personal Choice Retirement
Account or PCRA through Schwab. I can transfer my contributions to my 401k
over to Schwab and do what I want with them. When I opened this account in
late '97 I was told by Schwab that institutional customers were not
eligible for the $29.95 web trading discount commissions. Fine, I'll accept
$44 commissions if that's what I can get.
Now another guy where I work just opened a PCRA and he gets this flyer from
Schwab that says as of 1/15/98 they have offered $29.95 web trades if he
promises not to bother their brokers over the phone. I tell him that it's a
mistake, yadda yadda, so he buys some AMZN (dumb, dumb, dumb) and lo and
behold he gets a commission of $29.95. So I call Schwab and after 45
minutes on hold they offer to "adjust" my commissions for the past 2
months. Of course I say what about the other 11 months and they say no
dice, won't even give me the name of someone I can call in Schwab, blame it
on Diversified for not offeriong me the $29.95. I smell a rat so I call
Diversified and they of course blame Schwab.
So my question is, should Schwab have mailed all their institutional
customers last Jan and told them of the $29.95 offer? They say they have no
obligation to tell us anything and that it's all Diversified's
responsibility. Diversified says how the heck should we know what Schwab
chharges and I am inclined to agree with them. I told Schwab to try again
and of course they will continue to try to blow me off, but this isn't a
few bucks I'm talking about being ripped off of, it's more like a few hundred.
Is a class action suit possible? I think they have more than just one
company signed up for this PCRA and I bet there are many other pissed-off
people out there besides myself.
Tim Fisher, 1995 President, Pacific Fishery Biologists
Ore-ROCK-On Rockhounding Web Site
PFB Information
mailto:tim@OreRockOn.com
WWW http://OreRockOn.com
- -
------------------------------
Date: Thu, 28 Jan 1999 10:44:34 -0500
From: Craig Griffin <cagriffin@mindspring.com>
Subject: Re: [CANSLIM] AOL near breakout of 5 week base
Rob,
You wrote:
>On page 106 of HTMMIS, 2nd edition, the 34th sell rule is "Some stocks can
>be sold when they are 70% to 100% above the 200-day moving average price
>line." AOL is approximately 140% above its 200 dma. Does anyone know what
>WON means by "some stocks"?
I think he means "it all depends". It depends on lots of things including
the group the stock is in, what the rest of the chart looks like, how the
stock acted to get there, what your goals were in the first place, what you
know about the company, the state of the market, etc.
In addition, WON says that in general, 2 or 3 of the selling rules should
be in effect to sell a stock, sometimes more. If your goal was 40% and out
on a stock and in 4 months, you have a 35% profit, but it is 100% of the
200 dma, and the market just gave its second sell signal, then maybe this
would be one to cut loose. That kind of thing.
I have seen some stocks (recently) track their 200 dma from a position
approximately 100% above it for several months! Exceptions certainly.
My guess is that if you asked WON about this he would say it is a
"judgement thing" or some words to that effect. Unfortunately, the stock
market cannot be completely reduced to hard and fast rules (as you know),
which is one reason WON's book is so difficult to make sense of in places
(as in your example, where he says "some stocks"). Might be worth asking
him how he makes this judgement if anyone goes to a seminar anytime soon
(of course he might give different answers at different times depending on
what occurs to him at the moment, and both answers might be valid and
functional).
I feel like I am beginning to talk with cotton in my mouth, so I will let
it rest there.
Good question.
Best Regards,
Craig
- -
------------------------------
Date: Thu, 28 Jan 1999 10:52:49 -0500
From: Craig Griffin <cagriffin@mindspring.com>
Subject: [CANSLIM] Marder's Yellow Light
A new article by Kevin Marder today - very worthwhile, very cansliM.
http://cbs.marketwatch.com/news/current/marder.htx?source=blq/yhoo
- -
------------------------------
Date: Thu, 28 Jan 1999 08:31:14 -0800 (PST)
From: dbphoenix <dbphoenix@yahoo.com>
Subject: [CANSLIM] The Zen of Investing
http://cbs.marketwatch.com/news/current/superstar.htx?source=htx/http2_mw
This is an outstanding piece. It should be at the very front of
everyone's journal. It should be read every morning at breakfast. It
should be on the nightstand. I'd suggest tatooing if it weren't too
long.
- --Db
==
"Lessons are repeated until they are learned."
http://home.talkcity.com//MoneySt/dbphoenix/
_________________________________________________________
DO YOU YAHOO!?
Get your free @yahoo.com address at http://mail.yahoo.com
- -
------------------------------
Date: Thu, 28 Jan 1999 11:37:51 -0500
From: "Thomas A. Moulton" <w2vy@xanthus.net>
Subject: Re: [CANSLIM] Schwab ethics
I am willing to bet if you write a strong letter and copy the right people that
they will give in.
You can only go so far on the phone.
Tim Fisher wrote:
> OK I am soliciting input on a situation which I perceive to be very unfair
> to institutional customers of Schwab. Basically I have a 401k through
> Diversified Investment Advisors which offer a Personal Choice Retirement
> Account or PCRA through Schwab. I can transfer my contributions to my 401k
> over to Schwab and do what I want with them. When I opened this account in
> late '97 I was told by Schwab that institutional customers were not
> eligible for the $29.95 web trading discount commissions. Fine, I'll accept
> $44 commissions if that's what I can get.
>
> Now another guy where I work just opened a PCRA and he gets this flyer from
> Schwab that says as of 1/15/98 they have offered $29.95 web trades if he
> promises not to bother their brokers over the phone. I tell him that it's a
> mistake, yadda yadda, so he buys some AMZN (dumb, dumb, dumb) and lo and
> behold he gets a commission of $29.95. So I call Schwab and after 45
> minutes on hold they offer to "adjust" my commissions for the past 2
> months. Of course I say what about the other 11 months and they say no
> dice, won't even give me the name of someone I can call in Schwab, blame it
> on Diversified for not offeriong me the $29.95. I smell a rat so I call
> Diversified and they of course blame Schwab.
>
> So my question is, should Schwab have mailed all their institutional
> customers last Jan and told them of the $29.95 offer? They say they have no
> obligation to tell us anything and that it's all Diversified's
> responsibility. Diversified says how the heck should we know what Schwab
> chharges and I am inclined to agree with them. I told Schwab to try again
> and of course they will continue to try to blow me off, but this isn't a
> few bucks I'm talking about being ripped off of, it's more like a few hundred.
>
> Is a class action suit possible? I think they have more than just one
> company signed up for this PCRA and I bet there are many other pissed-off
> people out there besides myself.
>
> Tim Fisher, 1995 President, Pacific Fishery Biologists
> Ore-ROCK-On Rockhounding Web Site
> PFB Information
> mailto:tim@OreRockOn.com
> WWW http://OreRockOn.com
>
> -
- -
------------------------------
Date: Thu, 28 Jan 1999 12:04:27 -0800
From: "Peter Newell" <ppnewell@bellsouth.net>
Subject: Re: [CANSLIM] Schwab ethics
Tim,
Ask them when they went to 29.95 commisions I beleive it was in Jan but they
should rollback that far. Write a letter to Charles if customer service
won't help. I've had good luck with them although it can take a couple of
times.
Peter
- -
------------------------------
Date: Tue, 26 Jan 1999 09:25:54 -0800
From: Tim Fisher <tim@OreRockOn.com>
Subject: Re: [CANSLIM] Schwab ethics
1/15/98 was the date. I was told at the time that I was not eligible for the
discounted commissions since I was an institutional customer.
On 12:04 PM 1/28/99 , Peter Newell Said:
>Tim,
>
>Ask them when they went to 29.95 commisions I beleive it was in Jan but they
>should rollback that far. Write a letter to Charles if customer service
>won't help. I've had good luck with them although it can take a couple of
>times.
>
>Peter
>
Tim Fisher
Ore-Rock-On and Pacific Fishery Biologists WWW Sites
Tim@OreRockOn.com
WWW: http://OreRockOn.com
See naked fish and rocks!
- -
------------------------------
Date: Thu, 28 Jan 1999 19:12:07 +0100
From: Johan Van Houtven <click@ping.be>
Subject: Re: [CANSLIM] The Zen of Investing
Db,
Why are you so negative on this article? I kinda liked it!
At 08:31 AM 28-01-99 -0800, you wrote:
>
>
>http://cbs.marketwatch.com/news/current/superstar.htx?source=htx/http2_mw
>
>This is an outstanding piece. It should be at the very front of
>everyone's journal. It should be read every morning at breakfast. It
>should be on the nightstand. I'd suggest tatooing if it weren't too
>long.
>
>--Db
;^) Indeed, this article is a must read and a keeper.
Johan
- -
------------------------------
Date: Thu, 28 Jan 1999 19:56:33 +0100
From: Johan Van Houtven <click@ping.be>
Subject: Re: [CANSLIM] The Zen of Investing
I love this part:
- --- cut ---
It depends on neural linguistic programmers more than neural network
programmers.
In the future, financial success will demand a highly disciplined training
in the new psycho-technologies in order to activate a super-charged inner
winner. Today, investors must be on the cutting edge of this new focus on
psychology, in order to predict mass market behavior as well as achieve
peak performance and maximize profitability on a personal basis.
- --- cut ---
NLP: Neuro-Linguistic Programming. Wrote a few posts about this a few
months ago. Thread was stopped because of various reasons, one of them
being that several had had "enough of this psychology crap already".
And that won't change any time soon, I'm sure. We'll likely have to wait
until WON proclaims it a necessary part of succesful CANSLIM investing
before we will be able to talk freely about all of this on this list.
Besides, talking or writing about this doesn't do you much good. It's about
things you have to DO, to EXPERIENCE, before you can appreciate this stuff.
(Sic: Yes, I know that WON does know about modelling and other NLP related
technology. He alluded to it in one of the final lessons in his 26 week
course recently. It was in Week 22 if I remember correctly.)
At 08:31 AM 28-01-99 -0800, you wrote:
>
>
>http://cbs.marketwatch.com/news/current/superstar.htx?source=htx/http2_mw
>
>This is an outstanding piece. It should be at the very front of
>everyone's journal. It should be read every morning at breakfast. It
>should be on the nightstand. I'd suggest tatooing if it weren't too
>long.
>
>--Db
>==
>
>"Lessons are repeated until they are learned."
>
>http://home.talkcity.com//MoneySt/dbphoenix/
>
>
>
>_________________________________________________________
>DO YOU YAHOO!?
>Get your free @yahoo.com address at http://mail.yahoo.com
>
>
>-
>
>
Johan
- -
------------------------------
Date: Thu, 28 Jan 1999 16:36:24 -0500
From: "Charles Cangialosi" <chcng@worldnet.att.net>
Subject: [CANSLIM] Limit Orders
I know WON does not recommend limit orders. However I had a stock all
staked out ITWO. I just wanted it to break out a little which it did, right
on cue. Unfortunately by the time I got to a computer today it was gone, and
I am not chasing them up any more. So it is gone.
If the limit order was the only consideration that would be a no brainier.
The other thing is that I am nervous about having an order in at opening.
Though when I think about it, if it is a limit order and it executes it will
do it at the price I want. It is just that I think it is better to see what
is happening first. Is this a realistic fear? Is there a solution.
Charlie
- -
------------------------------
Date: Thu, 28 Jan 1999 16:38:31 -0500
From: "Joe Jungbluth" <Jungbluth.Joe@oscsystems.com>
Subject: [CANSLIM] Gennum Corporation
Hi Walter,
I'm e-mailing you directly instead of the list since this post isn't strictly
CANSLIM. I thought you might find this company interesting. I was researching
a vendor's parts list and came across a company called Gennum (Toronto: GND)
that seems to be performing well in a strong group, Semi Manf. Their products
include low voltage audio electronic amplifiers and analog signal processing
circuitry supplied to the world hearing instrument industry; video signal
distribution and processing components sold to the professional video and
broadcast television markets; and user specific integrated circuits for a wide
variety of specific applications where information is being conditioned,
transmitted or interpreted. This is PC and HDTV stuff. They've had annual and
quarter last year revenue increases of 36% and 41% respectively. Net income
increased 36% annually and 52% quarter last year.
I haven't check with my brokers to see if I can trade on the Toronto and maybe
don't want to deal with the currency exchange rate hassles so it all might be
moot. Yet I'd still like to see a chart, but I can't find one. Do you have a
suggestion for Web-based Canadian exchange charts?
Thanks,
Joe Jungbluth
Germantown, MD USA
- -
------------------------------
Date: Thu, 28 Jan 1999 16:41:40 -0500
From: "Joe Jungbluth" <Jungbluth.Joe@oscsystems.com>
Subject: Re: [CANSLIM] Gennum Corporation
Guess that didn't work, huh?
:)
- -
------------------------------
Date: Thu, 28 Jan 1999 20:50:01 -0500
From: "Frank V. Wolynski" <Wolynski@MindSpring.Com>
Subject: Re: [CANSLIM] The Zen of Investing
Okay I give, what the heck are you two talking about?
I went to the link and got:
'Boring' hybrid funds for the long term
Seven funds offer a break from Internet mania
By Dr. Paul B. Farrell,
Did they change the page before I could read it?
Regards,
Frank Wolynski
At 07:56 PM 1/28/99 +0100, you wrote:
>I love this part:
>
>--- cut ---
>
>It depends on neural linguistic programmers more than neural network
>programmers.
>
http://cbs.marketwatch.com/news/current/superstar.htx?source=htx/http2_mw
>>This is an outstanding piece. It should be at the very front of
>>everyone's journal. It should be read every morning at breakfast. It
>>should be on the nightstand. I'd suggest tatooing if it weren't too
>>long.
>>
>>--Db
>>==
- -
------------------------------
Date: Thu, 28 Jan 1999 21:07:13 -0800
From: "Patrick Wahl" <pwahl@postoffice.worldnet.att.net>
Subject: [CANSLIM] misc thoughts
Not to sound like chicken little, but is the way the advance/decline
line continuing to lag the market bothering anyone else? I looked
at the cummulative a/d chart that QP2 has, and I noticed that it is
now lower than it was on Nov. 3. This wasn't worrying me in
December, I expected the broader market to eventually catch up to
the narrower advance of the strongest stock, but now, 2 months
later, it hasn't happened. I am wondering if this lack of participation
by the broader range of stocks will eventually stall things and lead
to a longer period of stagnation. Meanwhile, of course, market is in
a very strong uptrend, so that is the way to play things....
If the airline stocks ever get moving, one that has a fairly good
looking chart is ACAI. With the low price of crude, I would think
that would mean lower fuel costs and higher operating margins and
therefore higher earnings. So far however this hasn't seemed like
enough to move the sector higher.
- -
------------------------------
End of canslim-digest V2 #513
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