DELL, and recently MU and AMD, have proven good trades for me. Other
stocks that made a few dollars have been posted earlier.
I think DELL is beginning to look stronger. Compaq's giving up on
certain PC's ought to give DELL a modest boost. Numbers that I have
seen on DELL look promising. DELL reports, I believe, on the 21st.
[Of marginal interest, DELL has opened a new super fast search engine at
http://www.alltheweb.com.]
I have positions in DELL [38 7/16] and MU [40]. MU is a bit of a
gamble. I'll continue to accumulate DELL down to 36 and up through
around 40. Some things ought to be clear at 40.
A stock that I will buy in small quantities is VRTX. Pull it up on
BigCharts and look at the MF/OBV. Both are positively divergent and
strongly so. The MACD is about to cross [blue through the red line].
This is, however, a weak buy signal because it is crossing below the
zero line.
There is long term significant support between 20-21.
The SloSto needs a couple more up days to turn as does the Parabolic.
A nice indicator for checking market trend can be found at
http://www.marketgauge.com/gauges/last.html. You can click all the
items in the left box. E.g., click Value Line 5% Swing Model and get an
explanation. You can also click on Chart in the right box and get a
chart of the Swing Model.
Connie Mack
- -
------------------------------
Date: Sat, 8 May 1999 22:53:31 -0400
From: "Bill Ford" <billy@gotmail.com>
Subject: [CANSLIM] Free Stock Research Tools
Free Stock Research Tools Including Canslim screening and more!
http://www.investorseek.com/stocks
Win a Laptop!!! Signup for your FREE lifetime email address at http://www.gotmail.com. Your Gotmail email address is available to you around the world anytime, 24 hours a day. Get your friends on Gotmail today and be a Hero!!!
- -
------------------------------
Date: Sun, 09 May 1999 01:02:06 -0400
From: "Frank V. Wolynski" <Wolynski@MindSpring.Com>
Subject: Re: [CANSLIM] RE: ADSL
At 07:08 PM 5/8/99 -0400, you wrote:
>Frank V. Wolynski wrote:
>
>> ADSL is too late and too expensive!!! The 30 - 40 year old wiring
>> the phone
>> companies have in most areas won't even allow 56k. Besides it is only 56k
>> on the download at best. The uplink is restricted to 33.6k by regulation.
>
>Sorry, but you are mistaken. The limitation you describe is for V.90 56kb
>modems.
>
I mixed sentences together in a quick session and I apologize for being
unclear.
I still contend that ADSL is too late and too expensive. It is available in
my area and no one I know is opting for it. The rates you quoted must be
regulated, I believe GTE in Tampa is charging the same.
You are right, the limitation I was describing is for V.90 56kb modems.
Which I have and cannot enjoy. The wiring in my neighborhood is old and
rarely allows connections above 24k - 28k. The cables are supposed to be
limiting the number of users per trunk/circuit/router to ensure reasonable
continuous connectivity, but who knows what that means. I would imagine the
users would demand performance or move on. Choices, I love it!
I like the multiple computer connections with ADSL however and that will be
a problem with cable modems. I've thought of running a proxy since I use NT
and multiple workstations, however with ADSL I wouldn't need the proxy. Do
they allow you to subnet the IP or give you multiple IP's with ADSL?
This doesn't cost extra?
Thanks and best regards,
Frank Wolynski
- -
------------------------------
Date: Sat, 08 May 1999 19:38:28 +0200
From: Johan Van Houtven <click@ping.be>
Subject: [CANSLIM] R2K (was: The group is very quiet)
At 08:01 AM 5/8/99 -0400, you wrote:
>Hi Patrick,
>
>I also noticed the c&h like pattern in the R2000, tho also
>doubt it's significance in an index.
Definately significant, as WON mentioned a cup and handle pattern in one of
his NASDAQ chart market analysis articles in IBD approx a year or so ago
(or is it already 2 years ago? I'm gettting old... ;^).
In any case, the handle
>is forming a little too high to be useful or significant to
>me (or is that just it's youthful exurberance at finally
>outperforming some of the big boy indexes?).
Not to high for a index cup & handle IMHO.
Johan
- -
------------------------------
Date: Sun, 9 May 1999 04:40:53 -0400
From: "Tom Worley" <stkguru@netside.net>
Subject: Re: [CANSLIM] R2K (was: The group is very quiet)
Johan,
Thanks for the feedback. If I understand you correctly
then, you would view the small cap sector as poised for a
potential move one way or the other? Any other indicators on
this?
I do note that the RS has been trending up very slightly in
the handle, as volume as slightly dropped. Gives me some
encouragement that the move will be to the upside when it
happens.Most other indexes I look at have been showing
slightly descending RS.
Tom Worley
stkguru@netside.net
chat with me at ICQ # 5568838
get ICQ software at http://www.icq.com/icqhomepage.html
- -----Original Message-----
From: Johan Van Houtven <click@ping.be>
To: canslim@lists.xmission.com <canslim@lists.xmission.com>
Date: Sunday, May 09, 1999 4:22 AM
Subject: [CANSLIM] R2K (was: The group is very quiet)
At 08:01 AM 5/8/99 -0400, you wrote:
>Hi Patrick,
>
>I also noticed the c&h like pattern in the R2000, tho also
>doubt it's significance in an index.
Definately significant, as WON mentioned a cup and handle
pattern in one of
his NASDAQ chart market analysis articles in IBD approx a
year or so ago
(or is it already 2 years ago? I'm gettting old... ;^).
In any case, the handle
>is forming a little too high to be useful or significant to
>me (or is that just it's youthful exurberance at finally
>outperforming some of the big boy indexes?).
Not to high for a index cup & handle IMHO.
Johan
- -
- -
------------------------------
Date: Sun, 9 May 1999 08:13:57 -0500 (CDT)
From: mckeen@ix.netcom.com
Subject: [CANSLIM] The Group Is Very Quiet
Tom,
<Worth noting that the analyst's consensus forecast at DGO is
a 1999 earnings of $4.50, up only 13%, and the company has
advised that they "expect" 1999 earnings of $4.24 to $4.55.
While 13% growth may seem attractive, it's still down
substantially from their historic level of 28%. And the
forecast for year 2000 is for $4.65, a gain of only 3%.
A trailing PE of only 17 may make it look like good value,
but looks to me like the reduced expectations are already
factored in, and the low growth in Q1 may be a precursor of
results yet to be reported.>
Which stock are you talking about here?
Mary
- -
------------------------------
Date: Sun, 9 May 1999 08:17:20 -0500 (CDT)
From: mckeen@ix.netcom.com
Subject: [CANSLIM] The Group Is Very Quiet
Tom,
Just disregard my previous one. I'm out
of it. Know which stock you're referring
to - Sundstrand.
Sorry ,
Mary
- -
------------------------------
Date: Sun, 9 May 1999 10:11:08 -0700
From: "Peter Newell" <ppnewell@bellsouth.net>
Subject: [CANSLIM] GIC B/O
IBD has mentioned this one twice last week looks like a classic breakout to
me.
Peter
- -
------------------------------
Date: Sun, 09 May 1999 10:29:26 -0400
From: Connie Mack Rea <rea1@dp.net>
Subject: Re: [CANSLIM] GIC B/O
Believe you're on to something, Peter.
Nice looking chart.
Connie Mack
Peter Newell wrote:
> IBD has mentioned this one twice last week looks like a classic breakout to
> me.
>
> Peter
>
> -
- -
------------------------------
Date: Sun, 9 May 1999 18:04:39 +0300
From: "David S. Pinhasik" <dsap@shani.net>
Subject: Re: [CANSLIM] GIC B/O
Is it CANSLIM? I can't find it on the Russell list.
David
- ----- Original Message -----
From: Connie Mack Rea <rea1@dp.net>
To: <canslim@lists.xmission.com>
Sent: Sunday, May 09, 1999 5:29 PM
Subject: Re: [CANSLIM] GIC B/O
>Believe you're on to something, Peter.
>
>Nice looking chart.
>
>Connie Mack
>
>
>
>
>Peter Newell wrote:
>
>> IBD has mentioned this one twice last week looks like a classic breakout
to
>> me.
>>
>> Peter
>>
>> -
>
>
>
>
>-
>
- -
------------------------------
Date: Sun, 09 May 1999 18:12:13 +0200
From: Johan Van Houtven <click@ping.be>
Subject: Re: [CANSLIM] R2K (was: The group is very quiet)
At 04:40 AM 5/9/99 -0400, you wrote:
>Johan,
>
>Thanks for the feedback. If I understand you correctly
>then, you would view the small cap sector as poised for a
>potential move one way or the other?
Indeed. It has been rumbling for a few months now.
>Any other indicators on
>this?
Alas, no. Just waiting patientely. Maybe one *slight* positive: I hear very
little talk about small caps in the media. Maybe people have given up on
them - so from a contrarian viewpoint they might now start their advance.
Haven't traded for many weeks now. Just watching the markets. Good to prove
to myself that I can do this (not trade at all). Using the free time to do
other useful things.
All the best,
Johan
- -
------------------------------
Date: Sun, 9 May 1999 12:39:49 -0400
From: "Tom Worley" <stkguru@netside.net>
Subject: Re: [CANSLIM] GIC B/O
David, it's a bad idea to think that just because a stock is
not listed in a member's interpretation of CANSLIM that it
is not CS. And that goes for any lists that I post. Instead,
I would recommend members consult IBD for current data (go
to the library if necessary, or better still buy the Friday
edition each week and keep it handy).
In any case latest data on GIC is:
RS 89, EPS 80, A/D A, Timeliness A, GRS 95, Group Telecom
Equip, Management 15%, Funds 29%, ROE 9%, last two qtrs
earnings up 160% and 54%.
Annual earnings only available for three years: .38, .45,
.80 and estimate for 1999 is .90 and for year 2000 1.10.
ADV is 1,115,800 and Friday's volume was well over twice
this.
I don't like the high funds ownership, nor the low ROE. It
has a volatile chart that has been inconsistent. May be
trying to form a shallow cup and handle. Friday's move was
off a very short two week base, which has marked its pattern
since its most recent bottom in mid-March.
Tom Worley
stkguru@netside.net
chat with me at ICQ # 5568838
get ICQ software at http://www.icq.com/icqhomepage.html
- -----Original Message-----
From: David S. Pinhasik <dsap@shani.net>
To: canslim@lists.xmission.com <canslim@lists.xmission.com>
Date: Sunday, May 09, 1999 11:07 AM
Subject: Re: [CANSLIM] GIC B/O
Is it CANSLIM? I can't find it on the Russell list.
David
- ----- Original Message -----
From: Connie Mack Rea <rea1@dp.net>
To: <canslim@lists.xmission.com>
Sent: Sunday, May 09, 1999 5:29 PM
Subject: Re: [CANSLIM] GIC B/O
>Believe you're on to something, Peter.
>
>Nice looking chart.
>
>Connie Mack
>
>
>
>
>Peter Newell wrote:
>
>> IBD has mentioned this one twice last week looks like a
classic breakout
to
>> me.
>>
>> Peter
>>
>> -
>
>
>
>
>-
>
- -
- -
------------------------------
Date: Sat, 8 May 1999 17:35:00 -0400
From: "Tom Worley" <stkguru@netside.net>
Subject: [CANSLIM] More on Economics (was Fw: Weekly Economic Update)
Once again, Bob Bose has so well summarized the week's
economic events that I have little to add to it. I urge
member's to read carefully the words of Chairman Greenspan
that he has excerpted below.
While many members may not be focusing on the recent sharp
rise in the long bond rate (e.g. increased selling
pressure), I think you should pay attention. As rates rise,
the cost of business also rises, thus generating a further
pricing increase pressure, along with labor costs. Over the
next three months or so, I do not see productivity increases
able to keep up with these two factors, and we may start to
see some solid evidence of inflation.
I still do not expect any rate hikes to come out of the May
FOMC meeting, however we may end up seeing a formal move to
a hike bias. And if in several months we see actual proof
of inflation, then a hike late this year becomes far more
problematical. I still do not expect a "mid meeting" hike
unilaterally by Mr. G, nor do I expect a pre-emptive strike
without some evidence of inflation. But with the slowly
strengthening Asian economies, stabilizing and increasing
prices in oil based economies, and a probable stabilizing
European economy, I think by late this year Greenspan may
have room to hike rates if there is articulable evidence of
inflation.
Tom Worley
stkguru@netside.net
chat with me at ICQ # 5568838
get ICQ software at http://www.icq.com/icqhomepage.html
- -----Original Message-----
From: timely-invest@mail-list.com
<timely-invest@mail-list.com>
To: stkguru@netside.net <stkguru@netside.net>
Date: Saturday, May 08, 1999 3:23 PM
Subject: Weekly Economic Update
WELCOME - Vol. 4 No. 20
TIMELY INVESTMENT INFORMATION - Weekly Economic Update
