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canslim-digest         Friday, August 18 2000         Volume 02 : Number 980



In this issue:

       Re: [CANSLIM] HDI
       Re: [CANSLIM] M
       Re: [CANSLIM] M
       Re: [CANSLIM] M
       Re: [CANSLIM] M
       [CANSLIM] Does any one use Daily Graphs Online?
       Re: [CANSLIM] M
       Re: [CANSLIM] M
       Re: [CANSLIM] Does any one use Daily Graphs Online?
       Re: [CANSLIM] M
       Re: [CANSLIM] M
       Re: [CANSLIM] M
       [CANSLIM] TOM WORLEY
       Re: [CANSLIM] M

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

Date: Thu, 17 Aug 2000 18:07:45 -0700 (PDT)
From: John Deacon <[e-mail]>
Subject: Re: [CANSLIM] HDI

Hello Earl,
I read some of your other messages from today as well,
and am a little perplexed with the stock selection
Lynn uses as well, but as I said before, if she makes
money, she makes money.  I can't make money in a
market like this using the system I use.  I have
learned about losing money in markets like this in the
past, and I will not be fooled again.  Just to make
sure I am not being foolish with my own opinions, I
track recent breakouts to see if they continue higher,
and unfortunately, the few stocks that have broken out
and meet my buying criterion have mostly failed with
just a few exceptions.
Today may technically be a follow through day because
the volume was up, but a follow through day means
nothing if there are only a few to no quality stocks
coming out of quality bases.  When the market came out
in late October 1999, there were a ton of choices.  In
early June 2000, there were again a ton of choices,
but right now they just are not there.  I do not trade
based on others opionions.  I trade based on what the
market tells me.  I know this sounds like a broken
record, but every trader I admire repeats this over
and over.  It is constantly stated on the General
Market page and investors corner of IBD, and from
other great people like Kevin Marder of
TradingMarkets.com.
Since this is only my second day getting emails from
this discussion group, I am glad to see one from
someone who thinks at least a little like me.  Earlier
in the day I was a little worried.

John
- --- Earl Setser <[e-mail]> wrote:
> Great post John.  I agree 100%.  I have a good
> friend who also trades
> CANSLIM and we were looking at PKI today.  The chart
> looked good, the
> fundies good, and the volume I think was also
> strong.  Then I looked at the
> NAS volume and just said, nope, I'm not buying
> anything in this "M".  Let's
> hang on for better opps.
>
> At 10:18 AM 8/17/00 -0700, you wrote:
> >Hi,
> >I am new to the discussion group, but have been
> >trading with the system for quite some time.  I
> dont
> >know what has been said in this spot in the past,
> so
> >if I am just rehashing what everyone else is
> saying, I
> >apologize.
> >
> >I think it is dangerous to move into this market
> right
> >now.  The market has been unable to muster any
> >sustainable leadership for the last few weeks.  The
> >breakouts of June and July essentially all failed.
> >The odds for success seem too risky right now.  If
> I
> >were to move back in, it would only be with truly
> >superb stocks.  In that I mean they would have to
> have
> >RS of greater than 90, and a GRS of A, and the
> >breakout volume would be huge, at least 100% or
> more.
> >
> >These are just my opinions, so take them with a
> grain
> >of salt, but anecdotally, they have worked well for
> >me.  In the past, when I have been in marginal to
> poor
> >markets like this, and decided to go with stocks
> like
> >HDI because nothing better presented itself, I have
> >lost money.
> >
> >My advice from a total stranger is to sit in cash
> >until stocks with better numbers start to breakout
> all
> >over the place.  One great trader who's name
> escapes
> >me stated that if you are not out of the market for
> at
> >least 4 months a year, then there is something
> wrong.
> >
> >John Deacon
> >
> >--- Dick Wilkinson <[e-mail]> wrote:
> >> HDI is breaking out today out of one of the
> >> nicer charts I've been following.
> >> RS  83
> >> EPS 94
> >> Ind B
> >> SMR A
> >> AC  B
> >> Mgmt ownership is low, but company is the
> >> obvious leader in its field.
> >> Pivot point is $46.
> >> It's needs volume today of 1.5mm. It has
> >> almost 1mm at 1PM.
> >>
> >> Dick
> >>
> >>
> __________________________________________________
> >> Do You Yahoo!?
> >> Send instant messages & get email alerts with
> Yahoo!
> >> Messenger.
> >> http://im.yahoo.com/
> >>
> >> -
> >>
> >
> >
> >__________________________________________________
> >Do You Yahoo!?
> >Send instant messages & get email alerts with
> Yahoo! Messenger.
> >http://im.yahoo.com/
> >
> >-
> >
> >
> >
>
> -
>


__________________________________________________
Do You Yahoo!?
Send instant messages & get email alerts with Yahoo! Messenger.
http://im.yahoo.com/

- -

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

Date: 17 Aug 2000 19:04:36 -0700
From: "Tim Fisher" <[e-mail]>
Subject: Re: [CANSLIM] M

What are the lurkers thinking? I for one see today as a valid WON
follow-through day. My portfolio sure did follow through! Looks like Asia
will open up hard later tonite. As for stocks breaking out of bases, the
bases were formed through the period ended 2 weeks ago. Most of the
breakouts occurred last week. There are very few left to break out! I
particularly like seeing the brokers I.E. LEH all continuing their charge.
That means many feel the volume should now pick up. (also the volatility,
so beware!) I did take 1/2 positions in IFIN and HDI at the close. Hope
they work out as well as TNL...

At 06:07 PM 8/17/00 -0700, you wrote:
>Hello Earl,
>I read some of your other messages from today as well,
>and am a little perplexed with the stock selection
>Lynn uses as well, but as I said before, if she makes
>money, she makes money.  I can't make money in a
>market like this using the system I use.  I have
>learned about losing money in markets like this in the
>past, and I will not be fooled again.  Just to make
>sure I am not being foolish with my own opinions, I
>track recent breakouts to see if they continue higher,
>and unfortunately, the few stocks that have broken out
>and meet my buying criterion have mostly failed with
>just a few exceptions.
>Today may technically be a follow through day because
>the volume was up, but a follow through day means
>nothing if there are only a few to no quality stocks
>coming out of quality bases.  When the market came out
>in late October 1999, there were a ton of choices.  In
>early June 2000, there were again a ton of choices,
>but right now they just are not there.  I do not trade
>based on others opionions.  I trade based on what the
>market tells me.  I know this sounds like a broken
>record, but every trader I admire repeats this over
>and over.  It is constantly stated on the General
>Market page and investors corner of IBD, and from
>other great people like Kevin Marder of
>TradingMarkets.com.
>Since this is only my second day getting emails from
>this discussion group, I am glad to see one from
>someone who thinks at least a little like me.  Earlier
>in the day I was a little worried.
>
>John
>--- Earl Setser <[e-mail]> wrote:
> > Great post John.  I agree 100%.  I have a good
> > friend who also trades
> > CANSLIM and we were looking at PKI today.  The chart
> > looked good, the
> > fundies good, and the volume I think was also
> > strong.  Then I looked at the
> > NAS volume and just said, nope, I'm not buying
> > anything in this "M".  Let's
> > hang on for better opps.
> >
> > At 10:18 AM 8/17/00 -0700, you wrote:
> > >Hi,
> > >I am new to the discussion group, but have been
> > >trading with the system for quite some time.  I
> > dont
> > >know what has been said in this spot in the past,
> > so
> > >if I am just rehashing what everyone else is
> > saying, I
> > >apologize.
> > >
> > >I think it is dangerous to move into this market
> > right
> > >now.  The market has been unable to muster any
> > >sustainable leadership for the last few weeks.  The
> > >breakouts of June and July essentially all failed.
> > >The odds for success seem too risky right now.  If
> > I
> > >were to move back in, it would only be with truly
> > >superb stocks.  In that I mean they would have to
> > have
> > >RS of greater than 90, and a GRS of A, and the
> > >breakout volume would be huge, at least 100% or
> > more.
> > >
> > >These are just my opinions, so take them with a
> > grain
> > >of salt, but anecdotally, they have worked well for
> > >me.  In the past, when I have been in marginal to
> > poor
> > >markets like this, and decided to go with stocks
> > like
> > >HDI because nothing better presented itself, I have
> > >lost money.
> > >
> > >My advice from a total stranger is to sit in cash
> > >until stocks with better numbers start to breakout
> > all
> > >over the place.  One great trader who's name
> > escapes
> > >me stated that if you are not out of the market for
> > at
> > >least 4 months a year, then there is something
> > wrong.
> > >
> > >John Deacon
> > >
> > >--- Dick Wilkinson <[e-mail]> wrote:
> > >> HDI is breaking out today out of one of the
> > >> nicer charts I've been following.
> > >> RS  83
> > >> EPS 94
> > >> Ind B
> > >> SMR A
> > >> AC  B
> > >> Mgmt ownership is low, but company is the
> > >> obvious leader in its field.
> > >> Pivot point is $46.
> > >> It's needs volume today of 1.5mm. It has
> > >> almost 1mm at 1PM.
> > >>
> > >> Dick

Tim Fisher, 1995 President, Pacific Fishery Biologists
Ore-ROCK-On Rockhounding Web Site
PFB Information
mailto:[e-mail]
WWW http://OreRockOn.com


- -

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

Date: Thu, 17 Aug 2000 19:15:40 -0700
From: Bill Weliky <[e-mail]>
Subject: Re: [CANSLIM] M

Tim-

Just looked at IFIN after reading your post and am too new at this to figure
the pivot point.

Thanks

Bill


- ----- Original Message -----
From: "Tim Fisher" <[e-mail]>
To: <[e-mail]>
Sent: Thursday, August 17, 2000 7:04 PM
Subject: Re: [CANSLIM] M


> What are the lurkers thinking? I for one see today as a valid WON
> follow-through day. My portfolio sure did follow through! Looks like Asia
> will open up hard later tonite. As for stocks breaking out of bases, the
> bases were formed through the period ended 2 weeks ago. Most of the
> breakouts occurred last week. There are very few left to break out! I
> particularly like seeing the brokers I.E. LEH all continuing their charge.
> That means many feel the volume should now pick up. (also the volatility,
> so beware!) I did take 1/2 positions in IFIN and HDI at the close. Hope
> they work out as well as TNL...
>
> At 06:07 PM 8/17/00 -0700, you wrote:
> >Hello Earl,
> >I read some of your other messages from today as well,
> >and am a little perplexed with the stock selection
> >Lynn uses as well, but as I said before, if she makes
> >money, she makes money.  I can't make money in a
> >market like this using the system I use.  I have
> >learned about losing money in markets like this in the
> >past, and I will not be fooled again.  Just to make
> >sure I am not being foolish with my own opinions, I
> >track recent breakouts to see if they continue higher,
> >and unfortunately, the few stocks that have broken out
> >and meet my buying criterion have mostly failed with
> >just a few exceptions.
> >Today may technically be a follow through day because
> >the volume was up, but a follow through day means
> >nothing if there are only a few to no quality stocks
> >coming out of quality bases.  When the market came out
> >in late October 1999, there were a ton of choices.  In
> >early June 2000, there were again a ton of choices,
> >but right now they just are not there.  I do not trade
> >based on others opionions.  I trade based on what the
> >market tells me.  I know this sounds like a broken
> >record, but every trader I admire repeats this over
> >and over.  It is constantly stated on the General
> >Market page and investors corner of IBD, and from
> >other great people like Kevin Marder of
> >TradingMarkets.com.
> >Since this is only my second day getting emails from
> >this discussion group, I am glad to see one from
> >someone who thinks at least a little like me.  Earlier
> >in the day I was a little worried.
> >
> >John
> >--- Earl Setser <[e-mail]> wrote:
> > > Great post John.  I agree 100%.  I have a good
> > > friend who also trades
> > > CANSLIM and we were looking at PKI today.  The chart
> > > looked good, the
> > > fundies good, and the volume I think was also
> > > strong.  Then I looked at the
> > > NAS volume and just said, nope, I'm not buying
> > > anything in this "M".  Let's
> > > hang on for better opps.
> > >
> > > At 10:18 AM 8/17/00 -0700, you wrote:
> > > >Hi,
> > > >I am new to the discussion group, but have been
> > > >trading with the system for quite some time.  I
> > > dont
> > > >know what has been said in this spot in the past,
> > > so
> > > >if I am just rehashing what everyone else is
> > > saying, I
> > > >apologize.
> > > >
> > > >I think it is dangerous to move into this market
> > > right
> > > >now.  The market has been unable to muster any
> > > >sustainable leadership for the last few weeks.  The
> > > >breakouts of June and July essentially all failed.
> > > >The odds for success seem too risky right now.  If
> > > I
> > > >were to move back in, it would only be with truly
> > > >superb stocks.  In that I mean they would have to
> > > have
> > > >RS of greater than 90, and a GRS of A, and the
> > > >breakout volume would be huge, at least 100% or
> > > more.
> > > >
> > > >These are just my opinions, so take them with a
> > > grain
> > > >of salt, but anecdotally, they have worked well for
> > > >me.  In the past, when I have been in marginal to
> > > poor
> > > >markets like this, and decided to go with stocks
> > > like
> > > >HDI because nothing better presented itself, I have
> > > >lost money.
> > > >
> > > >My advice from a total stranger is to sit in cash
> > > >until stocks with better numbers start to breakout
> > > all
> > > >over the place.  One great trader who's name
> > > escapes
> > > >me stated that if you are not out of the market for
> > > at
> > > >least 4 months a year, then there is something
> > > wrong.
> > > >
> > > >John Deacon
> > > >
> > > >--- Dick Wilkinson <[e-mail]> wrote:
> > > >> HDI is breaking out today out of one of the
> > > >> nicer charts I've been following.
> > > >> RS  83
> > > >> EPS 94
> > > >> Ind B
> > > >> SMR A
> > > >> AC  B
> > > >> Mgmt ownership is low, but company is the
> > > >> obvious leader in its field.
> > > >> Pivot point is $46.
> > > >> It's needs volume today of 1.5mm. It has
> > > >> almost 1mm at 1PM.
> > > >>
> > > >> Dick
>
> Tim Fisher, 1995 President, Pacific Fishery Biologists
> Ore-ROCK-On Rockhounding Web Site
> PFB Information
> mailto:[e-mail]
> WWW http://OreRockOn.com
>
>
> -


- -

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

Date: 17 Aug 2000 19:39:35 -0700
From: "Tim Fisher" <[e-mail]>
Subject: Re: [CANSLIM] M

B/O was yesterday, pivot was 45-1/8, I picked it up on a pullback.

At 07:15 PM 8/17/00 -0700, you wrote:
>Tim-
>
>Just looked at IFIN after reading your post and am too new at this to figure
>the pivot point.
>
>Thanks
>
>Bill
>
>
>----- Original Message -----
>From: "Tim Fisher" <[e-mail]>
>To: <[e-mail]>
>Sent: Thursday, August 17, 2000 7:04 PM
>Subject: Re: [CANSLIM] M
>
>
> > What are the lurkers thinking? I for one see today as a valid WON
> > follow-through day. My portfolio sure did follow through! Looks like Asia
> > will open up hard later tonite. As for stocks breaking out of bases, the
> > bases were formed through the period ended 2 weeks ago. Most of the
> > breakouts occurred last week. There are very few left to break out! I
> > particularly like seeing the brokers I.E. LEH all continuing their charge.
> > That means many feel the volume should now pick up. (also the volatility,
> > so beware!) I did take 1/2 positions in IFIN and HDI at the close. Hope
> > they work out as well as TNL...
> >

Tim Fisher, 1995 President, Pacific Fishery Biologists
Ore-ROCK-On Rockhounding Web Site
PFB Information
mailto:[e-mail]
WWW http://OreRockOn.com


- -

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

Date: Thu, 17 Aug 2000 20:29:11 -0400
From: "lynn williams" <[e-mail]>
Subject: Re: [CANSLIM] M

When I attended WON's seminar,, he made it very clear that a follow through
day can occur in ANY of the major indexes, S&P, DOW, or NASDAQ! The Dow has
beenn signaling a follow through day for sometime now...Also, WON also
stated  that he personally never even bother with a stock that does not have
at least a 50% growth rate. Those are his words, not mine.
The tone at the seminar was slightly different than what is in his books or
IBD. Frankly, it threw me at first. Others at the seminar felt the same way.
making comments about how they do not even follow their own rules. Another
thing that was stated at the seminar was that if the average volume is less
than a million, than buyer beware. I noticed that IFiN has  an average daily
volume of 159,900. It is one of the reason why I have not bought PLT.
Incredible growth potential yet only 1/2 million in volume...
Lynn
- ----- Original Message -----
From: "Tim Fisher" <[e-mail]>
To: <[e-mail]>
Sent: Thursday, August 17, 2000 10:04 PM
Subject: Re: [CANSLIM] M


> What are the lurkers thinking? I for one see today as a valid WON
> follow-through day. My portfolio sure did follow through! Looks like Asia
> will open up hard later tonite. As for stocks breaking out of bases, the
> bases were formed through the period ended 2 weeks ago. Most of the
> breakouts occurred last week. There are very few left to break out! I
> particularly like seeing the brokers I.E. LEH all continuing their charge.
> That means many feel the volume should now pick up. (also the volatility,
> so beware!) I did take 1/2 positions in IFIN and HDI at the close. Hope
> they work out as well as TNL...
>
> At 06:07 PM 8/17/00 -0700, you wrote:
> >Hello Earl,
> >I read some of your other messages from today as well,
> >and am a little perplexed with the stock selection
> >Lynn uses as well, but as I said before, if she makes
> >money, she makes money.  I can't make money in a
> >market like this using the system I use.  I have
> >learned about losing money in markets like this in the
> >past, and I will not be fooled again.  Just to make
> >sure I am not being foolish with my own opinions, I
> >track recent breakouts to see if they continue higher,
> >and unfortunately, the few stocks that have broken out
> >and meet my buying criterion have mostly failed with
> >just a few exceptions.
> >Today may technically be a follow through day because
> >the volume was up, but a follow through day means
> >nothing if there are only a few to no quality stocks
> >coming out of quality bases.  When the market came out
> >in late October 1999, there were a ton of choices.  In
> >early June 2000, there were again a ton of choices,
> >but right now they just are not there.  I do not trade
> >based on others opionions.  I trade based on what the
> >market tells me.  I know this sounds like a broken
> >record, but every trader I admire repeats this over
> >and over.  It is constantly stated on the General
> >Market page and investors corner of IBD, and from
> >other great people like Kevin Marder of
> >TradingMarkets.com.
> >Since this is only my second day getting emails from
> >this discussion group, I am glad to see one from
> >someone who thinks at least a little like me.  Earlier
> >in the day I was a little worried.
> >
> >John
> >--- Earl Setser <[e-mail]> wrote:
> > > Great post John.  I agree 100%.  I have a good
> > > friend who also trades
> > > CANSLIM and we were looking at PKI today.  The chart
> > > looked good, the
> > > fundies good, and the volume I think was also
> > > strong.  Then I looked at the
> > > NAS volume and just said, nope, I'm not buying
> > > anything in this "M".  Let's
> > > hang on for better opps.
> > >
> > > At 10:18 AM 8/17/00 -0700, you wrote:
> > > >Hi,
> > > >I am new to the discussion group, but have been
> > > >trading with the system for quite some time.  I
> > > dont
> > > >know what has been said in this spot in the past,
> > > so
> > > >if I am just rehashing what everyone else is
> > > saying, I
> > > >apologize.
> > > >
> > > >I think it is dangerous to move into this market
> > > right
> > > >now.  The market has been unable to muster any
> > > >sustainable leadership for the last few weeks.  The
> > > >breakouts of June and July essentially all failed.
> > > >The odds for success seem too risky right now.  If
> > > I
> > > >were to move back in, it would only be with truly
> > > >superb stocks.  In that I mean they would have to
> > > have
> > > >RS of greater than 90, and a GRS of A, and the
> > > >breakout volume would be huge, at least 100% or
> > > more.
> > > >
> > > >These are just my opinions, so take them with a
> > > grain
> > > >of salt, but anecdotally, they have worked well for
> > > >me.  In the past, when I have been in marginal to
> > > poor
> > > >markets like this, and decided to go with stocks
> > > like
> > > >HDI because nothing better presented itself, I have
> > > >lost money.
> > > >
> > > >My advice from a total stranger is to sit in cash
> > > >until stocks with better numbers start to breakout
> > > all
> > > >over the place.  One great trader who's name
> > > escapes
> > > >me stated that if you are not out of the market for
> > > at
> > > >least 4 months a year, then there is something
> > > wrong.
> > > >
> > > >John Deacon
> > > >
> > > >--- Dick Wilkinson <[e-mail]> wrote:
> > > >> HDI is breaking out today out of one of the
> > > >> nicer charts I've been following.
> > > >> RS  83
> > > >> EPS 94
> > > >> Ind B
> > > >> SMR A
> > > >> AC  B
> > > >> Mgmt ownership is low, but company is the
> > > >> obvious leader in its field.
> > > >> Pivot point is $46.
> > > >> It's needs volume today of 1.5mm. It has
> > > >> almost 1mm at 1PM.
> > > >>
> > > >> Dick
>
> Tim Fisher, 1995 President, Pacific Fishery Biologists
> Ore-ROCK-On Rockhounding Web Site
> PFB Information
> mailto:[e-mail]
> WWW http://OreRockOn.com
>
>
> -
>


- -

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

Date: Thu, 17 Aug 2000 21:19:42 -0700 (PDT)
From: John Deacon <[e-mail]>
Subject: [CANSLIM] Does any one use Daily Graphs Online?

Hello All,
I started using Daily Graphs Online about a year ago.
The service is great.  Each day you can download the
entire Daily Graphs printed book in spreadsheet format
with all the proprietary information, and sort them at
will.  I started making a database of this information
last September 1999, but do not have the daily reports
from before that.  I noticed some patterns since then
in the way the high quality stocks change in number
depending on the market conditions.  I would like to
test the ideas I have formed when looking at these
reports by tracking them back from before and through
the 1998 bear market.

If any one has saved each daily report from Daily
Graphs Online previous to September 1999, I would
greatly like to hear from you.  If you were to provide
those reports to me I would be glad to share any of
the info I glean from analyzing the patterns.

Thanks
John

__________________________________________________
Do You Yahoo!?
Send instant messages & get email alerts with Yahoo! Messenger.
http://im.yahoo.com/

- -

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

Date: Thu, 17 Aug 2000 22:19:26 -0600
From: "Patrick Wahl" <[e-mail]>
Subject: Re: [CANSLIM] M

I've seen several breakouts the last few days, some of the semi's
have looked good.  Today, CIEN came very close to breaking out if
it didn't quite do so, although with the volume I would consider it a
breakout, and also FORR came out of a nice little consolidation
area with a volume dry up on good volume.

On 17 Aug 00, at 19:04, Tim Fisher wrote:

> What are the lurkers thinking? I for one see today as a valid WON
> follow-through day. My portfolio sure did follow through! Looks like Asia
> will open up hard later tonite. As for stocks breaking out of bases, the
> bases were formed through the period ended 2 weeks ago. Most of the
> breakouts occurred last week. There are very few left to break out! I
> particularly like seeing the brokers I.E. LEH all continuing their charge.
> That means many feel the volume should now pick up. (also the volatility,
> so beware!) I did take 1/2 positions in IFIN and HDI at the close. Hope
> they work out as well as TNL...
>


- -

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

Date: Fri, 18 Aug 2000 02:05:07 -0400
From: Walter Stock <[e-mail]>
Subject: Re: [CANSLIM] M

Hi Lynn,

I think I just spotted several more reasons to finally make the trek to one
of WON's seminars (thanks to your eye-opening post).   The minimum 50%
growth rate requirement is interesting.

So is the one million ADV.   Did WON himself say this, or was it one his
lieutenants?

Thank you for your contributions.

Walter Stock
Oakville, ON, Canada


lynn williams wrote:

> When I attended WON's seminar,, he made it very clear that a follow through
> day can occur in ANY of the major indexes, S&P, DOW, or NASDAQ! The Dow has
> beenn signaling a follow through day for sometime now...Also, WON also
> stated  that he personally never even bother with a stock that does not have
> at least a 50% growth rate. Those are his words, not mine.
> The tone at the seminar was slightly different than what is in his books or
> IBD. Frankly, it threw me at first. Others at the seminar felt the same way.
> making comments about how they do not even follow their own rules. Another
> thing that was stated at the seminar was that if the average volume is less
> than a million, than buyer beware. I noticed that IFiN has  an average daily
> volume of 159,900. It is one of the reason why I have not bought PLT.
> Incredible growth potential yet only 1/2 million in volume...
> Lynn


- -

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

Date: Thu, 17 Aug 2000 23:11:23 -0400
From: "lynn williams" <[e-mail]>
Subject: Re: [CANSLIM] Does any one use Daily Graphs Online?

GOsh John , I am impressed. You download the DGonline each day onto a spread
sheet... WOW! Can you email me how you do that, if you have time.. That
would be wonderful, if you can...if not, then I understand...:)
Lynn
- ----- Original Message -----
From: "John Deacon" <[e-mail]>
To: <[e-mail]>
Sent: Friday, August 18, 2000 12:19 AM
Subject: [CANSLIM] Does any one use Daily Graphs Online?


> Hello All,
> I started using Daily Graphs Online about a year ago.
> The service is great.  Each day you can download the
> entire Daily Graphs printed book in spreadsheet format
> with all the proprietary information, and sort them at
> will.  I started making a database of this information
> last September 1999, but do not have the daily reports
> from before that.  I noticed some patterns since then
> in the way the high quality stocks change in number
> depending on the market conditions.  I would like to
> test the ideas I have formed when looking at these
> reports by tracking them back from before and through
> the 1998 bear market.
>
> If any one has saved each daily report from Daily
> Graphs Online previous to September 1999, I would
> greatly like to hear from you.  If you were to provide
> those reports to me I would be glad to share any of
> the info I glean from analyzing the patterns.
>
> Thanks
> John
>
> __________________________________________________
> Do You Yahoo!?
> Send instant messages & get email alerts with Yahoo! Messenger.
> http://im.yahoo.com/
>
> -
>


- -

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

Date: Thu, 17 Aug 2000 23:13:09 -0400
From: "lynn williams" <[e-mail]>
Subject: Re: [CANSLIM] M

As I recall walter, those comments were made by WON himself and echoed by
his lieutenants. I need to listen to the tapes that someone from this board
made for me...but I remember being wuite surprised at several things as they
were said, as were those around me...
Lynn
- ----- Original Message -----
From: "Walter Stock" <[e-mail]>
To: <[e-mail]>
Sent: Friday, August 18, 2000 2:05 AM
Subject: Re: [CANSLIM] M


> Hi Lynn,
>
> I think I just spotted several more reasons to finally make the trek to
one
> of WON's seminars (thanks to your eye-opening post).   The minimum 50%
> growth rate requirement is interesting.
>
> So is the one million ADV.   Did WON himself say this, or was it one his
> lieutenants?
>
> Thank you for your contributions.
>
> Walter Stock
> Oakville, ON, Canada
>
>
> lynn williams wrote:
>
> > When I attended WON's seminar,, he made it very clear that a follow
through
> > day can occur in ANY of the major indexes, S&P, DOW, or NASDAQ! The Dow
has
> > beenn signaling a follow through day for sometime now...Also, WON also
> > stated  that he personally never even bother with a stock that does not
have
> > at least a 50% growth rate. Those are his words, not mine.
> > The tone at the seminar was slightly different than what is in his books
or
> > IBD. Frankly, it threw me at first. Others at the seminar felt the same
way.
> > making comments about how they do not even follow their own rules.
Another
> > thing that was stated at the seminar was that if the average volume is
less
> > than a million, than buyer beware. I noticed that IFiN has  an average
daily
> > volume of 159,900. It is one of the reason why I have not bought PLT.
> > Incredible growth potential yet only 1/2 million in volume...
> > Lynn
>
>
> -
>


- -

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

Date: Thu, 17 Aug 2000 23:17:03 -0400
From: "lynn williams" <[e-mail]>
Subject: Re: [CANSLIM] M

P.S. also, at the end of the seminar when they flash several charts related
to questions from the audience, he was unable to give a definitive answer to
some questions stating that he never looks at daily charts but only weekly
charts. He also said that they would soon be offering daily graphs online
with weekly charts. He even commented that he could not remember the last
time he studied a stock using daily charting since he has looked at weekly
charting for so long. Evidently, you or at least he can come to a better
overall evaluation using weekly rather than the daily stuff we see.. ups and
down by the minute...
Lynn
- ----- Original Message -----
From: "Walter Stock" <[e-mail]>
To: <[e-mail]>
Sent: Friday, August 18, 2000 2:05 AM
Subject: Re: [CANSLIM] M


> Hi Lynn,
>
> I think I just spotted several more reasons to finally make the trek to
one
> of WON's seminars (thanks to your eye-opening post).   The minimum 50%
> growth rate requirement is interesting.
>
> So is the one million ADV.   Did WON himself say this, or was it one his
> lieutenants?
>
> Thank you for your contributions.
>
> Walter Stock
> Oakville, ON, Canada
>
>
> lynn williams wrote:
>
> > When I attended WON's seminar,, he made it very clear that a follow
through
> > day can occur in ANY of the major indexes, S&P, DOW, or NASDAQ! The Dow
has
> > beenn signaling a follow through day for sometime now...Also, WON also
> > stated  that he personally never even bother with a stock that does not
have
> > at least a 50% growth rate. Those are his words, not mine.
> > The tone at the seminar was slightly different than what is in his books
or
> > IBD. Frankly, it threw me at first. Others at the seminar felt the same
way.
> > making comments about how they do not even follow their own rules.
Another
> > thing that was stated at the seminar was that if the average volume is
less
> > than a million, than buyer beware. I noticed that IFiN has  an average
daily
> > volume of 159,900. It is one of the reason why I have not bought PLT.
> > Incredible growth potential yet only 1/2 million in volume...
> > Lynn
>
>
> -
>


- -

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

Date: Fri, 18 Aug 2000 02:48:24 -0400
From: "Tom Worley" <[e-mail]>
Subject: Re: [CANSLIM] M

The best chart service I ever enjoyed from WON was the Maroon
Books (Big Books) that showed five year charts on a weekly (and
log) basis. Really easy to not only get the overall trend, but to
see c&h patterns in them.

I have not heard of DGO offering weekly charts, but would welcome
the addition, esp if they offered the option of log charts. But I
also still like daily charts for timing purposes.

Tom Worley
[e-mail]
chat with me at ICQ # 5568838
get ICQ software at http://www.icq.com/icqhomepage.html


- ----- Original Message -----
From: lynn williams <[e-mail]>
To: <[e-mail]>
Sent: Thursday, August 17, 2000 11:17 PM
Subject: Re: [CANSLIM] M


P.S. also, at the end of the seminar when they flash several
charts related
to questions from the audience, he was unable to give a
definitive answer to
some questions stating that he never looks at daily charts but
only weekly
charts. He also said that they would soon be offering daily
graphs online
with weekly charts. He even commented that he could not remember
the last
time he studied a stock using daily charting since he has looked
at weekly
charting for so long. Evidently, you or at least he can come to a
better
overall evaluation using weekly rather than the daily stuff we
see.. ups and
down by the minute...
Lynn
- ----- Original Message -----
From: "Walter Stock" <[e-mail]>
To: <[e-mail]>
Sent: Friday, August 18, 2000 2:05 AM
Subject: Re: [CANSLIM] M


> Hi Lynn,
>
> I think I just spotted several more reasons to finally make the
trek to
one
> of WON's seminars (thanks to your eye-opening post).   The
minimum 50%
> growth rate requirement is interesting.
>
> So is the one million ADV.   Did WON himself say this, or was
it one his
> lieutenants?
>
> Thank you for your contributions.
>
> Walter Stock
> Oakville, ON, Canada
>
>
> lynn williams wrote:
>
> > When I attended WON's seminar,, he made it very clear that a
follow
through
> > day can occur in ANY of the major indexes, S&P, DOW, or
NASDAQ! The Dow
has
> > beenn signaling a follow through day for sometime now...Also,
WON also
> > stated  that he personally never even bother with a stock
that does not
have
> > at least a 50% growth rate. Those are his words, not mine.
> > The tone at the seminar was slightly different than what is
in his books
or
> > IBD. Frankly, it threw me at first. Others at the seminar
felt the same
way.
> > making comments about how they do not even follow their own
rules.
Another
> > thing that was stated at the seminar was that if the average
volume is
less
> > than a million, than buyer beware. I noticed that IFiN has
an average
daily
> > volume of 159,900. It is one of the reason why I have not
bought PLT.
> > Incredible growth potential yet only 1/2 million in volume...
> > Lynn
>
>
> -
>


- -



- -

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

Date: Fri, 18 Aug 2000 00:04:22 -0400
From: "lynn williams" <[e-mail]>
Subject: [CANSLIM] TOM WORLEY

Tom, I am having the same problem trying to even reply via this method so am
using another post....
here is what I tried to send to you..

thanks Tom, I am a paid subscriber. I know this seems dumb but what index
report? The DOW or the NAS under the reports? I do not see an excel icon on
my DG online. where is it???
Thanks,
Lynn

Then I sent this:

same problem as before.. did you send me an attachment? I cannot open it..
says something about going to my computer, then view then folder options and
making an association but I do not know what to associate it with once
there.
Lynn

Sorry Walter to use your post as a messenger :)
Lynn
- ----- Original Message -----
From: "Walter Stock" <[e-mail]>
To: <[e-mail]>
Sent: Friday, August 18, 2000 2:05 AM
Subject: Re: [CANSLIM] M


> Hi Lynn,
>
> I think I just spotted several more reasons to finally make the trek to
one
> of WON's seminars (thanks to your eye-opening post).   The minimum 50%
> growth rate requirement is interesting.
>
> So is the one million ADV.   Did WON himself say this, or was it one his
> lieutenants?
>
> Thank you for your contributions.
>
> Walter Stock
> Oakville, ON, Canada
>
>
> lynn williams wrote:
>
> > When I attended WON's seminar,, he made it very clear that a follow
through
> > day can occur in ANY of the major indexes, S&P, DOW, or NASDAQ! The Dow
has
> > beenn signaling a follow through day for sometime now...Also, WON also
> > stated  that he personally never even bother with a stock that does not
have
> > at least a 50% growth rate. Those are his words, not mine.
> > The tone at the seminar was slightly different than what is in his books
or
> > IBD. Frankly, it threw me at first. Others at the seminar felt the same
way.
> > making comments about how they do not even follow their own rules.
Another
> > thing that was stated at the seminar was that if the average volume is
less
> > than a million, than buyer beware. I noticed that IFiN has  an average
daily
> > volume of 159,900. It is one of the reason why I have not bought PLT.
> > Incredible growth potential yet only 1/2 million in volume...
> > Lynn
>
>
> -
>


- -

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

Date: Fri, 18 Aug 2000 08:07:01 -0400
From: Daniel Forant Sr <[e-mail]>
Subject: Re: [CANSLIM] M

It's amazing, put something in print and you'll get many different
interpretations of it. I guess the idea is to take what you can out of a
system and adapt it to your own successful approaches. There's nothing that
can't be improved upon. With that said, I do stick to the Canslim as much
as possible because it's the only system I know. It's the first book I
read, lucky me.

Dan

At 08:29 PM 8/17/00 -0400, you wrote:
>When I attended WON's seminar,, he made it very clear that a follow through
>day can occur in ANY of the major indexes, S&P, DOW, or NASDAQ! The Dow has
>beenn signaling a follow through day for sometime now...Also, WON also
>stated  that he personally never even bother with a stock that does not have
>at least a 50% growth rate. Those are his words, not mine.
>The tone at the seminar was slightly different than what is in his books or
>IBD. Frankly, it threw me at first. Others at the seminar felt the same way.
>making comments about how they do not even follow their own rules. Another
>thing that was stated at the seminar was that if the average volume is less
>than a million, than buyer beware. I noticed that IFiN has  an average daily
>volume of 159,900. It is one of the reason why I have not bought PLT.
>Incredible growth potential yet only 1/2 million in volume...
>Lynn
>----- Original Message -----
>From: "Tim Fisher" <[e-mail]>
>To: <[e-mail]>
>Sent: Thursday, August 17, 2000 10:04 PM
>Subject: Re: [CANSLIM] M
>
>
>> What are the lurkers thinking? I for one see today as a valid WON
>> follow-through day. My portfolio sure did follow through! Looks like Asia
>> will open up hard later tonite. As for stocks breaking out of bases, the
>> bases were formed through the period ended 2 weeks ago. Most of the
>> breakouts occurred last week. There are very few left to break out! I
>> particularly like seeing the brokers I.E. LEH all continuing their charge.
>> That means many feel the volume should now pick up. (also the volatility,
>> so beware!) I did take 1/2 positions in IFIN and HDI at the close. Hope
>> they work out as well as TNL...
>>
>> At 06:07 PM 8/17/00 -0700, you wrote:
>> >Hello Earl,
>> >I read some of your other messages from today as well,
>> >and am a little perplexed with the stock selection
>> >Lynn uses as well, but as I said before, if she makes
>> >money, she makes money.  I can't make money in a
>> >market like this using the system I use.  I have
>> >learned about losing money in markets like this in the
>> >past, and I will not be fooled again.  Just to make
>> >sure I am not being foolish with my own opinions, I
>> >track recent breakouts to see if they continue higher,
>> >and unfortunately, the few stocks that have broken out
>> >and meet my buying criterion have mostly failed with
>> >just a few exceptions.
>> >Today may technically be a follow through day because
>> >the volume was up, but a follow through day means
>> >nothing if there are only a few to no quality stocks
>> >coming out of quality bases.  When the market came out
>> >in late October 1999, there were a ton of choices.  In
>> >early June 2000, there were again a ton of choices,
>> >but right now they just are not there.  I do not trade
>> >based on others opionions.  I trade based on what the
>> >market tells me.  I know this sounds like a broken
>> >record, but every trader I admire repeats this over
>> >and over.  It is constantly stated on the General
>> >Market page and investors corner of IBD, and from
>> >other great people like Kevin Marder of
>> >TradingMarkets.com.
>> >Since this is only my second day getting emails from
>> >this discussion group, I am glad to see one from
>> >someone who thinks at least a little like me.  Earlier
>> >in the day I was a little worried.
>> >
>> >John
>> >--- Earl Setser <[e-mail]> wrote:
>> > > Great post John.  I agree 100%.  I have a good
>> > > friend who also trades
>> > > CANSLIM and we were looking at PKI today.  The chart
>> > > looked good, the
>> > > fundies good, and the volume I think was also
>> > > strong.  Then I looked at the
>> > > NAS volume and just said, nope, I'm not buying
>> > > anything in this "M".  Let's
>> > > hang on for better opps.
>> > >
>> > > At 10:18 AM 8/17/00 -0700, you wrote:
>> > > >Hi,
>> > > >I am new to the discussion group, but have been
>> > > >trading with the system for quite some time.  I
>> > > dont
>> > > >know what has been said in this spot in the past,
>> > > so
>> > > >if I am just rehashing what everyone else is
>> > > saying, I
>> > > >apologize.
>> > > >
>> > > >I think it is dangerous to move into this market
>> > > right
>> > > >now.  The market has been unable to muster any
>> > > >sustainable leadership for the last few weeks.  The
>> > > >breakouts of June and July essentially all failed.
>> > > >The odds for success seem too risky right now.  If
>> > > I
>> > > >were to move back in, it would only be with truly
>> > > >superb stocks.  In that I mean they would have to
>> > > have
>> > > >RS of greater than 90, and a GRS of A, and the
>> > > >breakout volume would be huge, at least 100% or
>> > > more.
>> > > >
>> > > >These are just my opinions, so take them with a
>> > > grain
>> > > >of salt, but anecdotally, they have worked well for
>> > > >me.  In the past, when I have been in marginal to
>> > > poor
>> > > >markets like this, and decided to go with stocks
>> > > like
>> > > >HDI because nothing better presented itself, I have
>> > > >lost money.
>> > > >
>> > > >My advice from a total stranger is to sit in cash
>> > > >until stocks with better numbers start to breakout
>> > > all
>> > > >over the place.  One great trader who's name
>> > > escapes
>> > > >me stated that if you are not out of the market for
>> > > at
>> > > >least 4 months a year, then there is something
>> > > wrong.
>> > > >
>> > > >John Deacon
>> > > >
>> > > >--- Dick Wilkinson <[e-mail]> wrote:
>> > > >> HDI is breaking out today out of one of the
>> > > >> nicer charts I've been following.
>> > > >> RS  83
>> > > >> EPS 94
>> > > >> Ind B
>> > > >> SMR A
>> > > >> AC  B
>> > > >> Mgmt ownership is low, but company is the
>> > > >> obvious leader in its field.
>> > > >> Pivot point is $46.
>> > > >> It's needs volume today of 1.5mm. It has
>> > > >> almost 1mm at 1PM.
>> > > >>
>> > > >> Dick
>>
>> Tim Fisher, 1995 President, Pacific Fishery Biologists
>> Ore-ROCK-On Rockhounding Web Site
>> PFB Information
>> mailto:[e-mail]
>> WWW http://OreRockOn.com
>>
>>
>> -
>>
>
>
>-
>
>

- -

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

End of canslim-digest V2 #980
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