From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #1139 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 Friday, February 16 2001 Volume 02 : Number 1139 In this issue: Re: [CANSLIM] Removing your self from canslim Re: [CANSLIM] stock screens RE: [CANSLIM] Intro Rerun [CANSLIM] Re: canslim [CANSLIM] Introduction [CANSLIM] remove Re: [CANSLIM] Introduction RE: [CANSLIM] profit/loss Re: [CANSLIM] stock screens RE: [CANSLIM] profit/loss Re: [CANSLIM] profit/loss [CANSLIM] Introduction [CANSLIM] Introduction Re: [CANSLIM] Investor's Corner 2/14/01 [CANSLIM] MNTG RE: [CANSLIM] stock screens [CANSLIM] CHBS [CANSLIM] My Profile RE: [CANSLIM] stock screens [CANSLIM] E mails [CANSLIM] anyone familiar with NexTrend Analysis [CANSLIM] Whoami ---------------------------------------------------------------------- Date: Thu, 15 Feb 2001 22:57:47 -0500 From: "Tom Worley" Subject: Re: [CANSLIM] Removing your self from canslim Hi Steve, I am not a Yahoo user, but I am sure we have a few members that are, and would be willing to help you out. Tom Worley stkguru@netside.net ICQ # 5568838 - ----- Original Message ----- From: Steve F To: Sent: Tuesday, February 13, 2001 8:44 PM Subject: Re: [CANSLIM] Removing your self from canslim Dear Jeff, I have been a member for years but I am having trouble getting my e-amil to send to a Canslim folder that I tried to set up. I use Yahoo. HELP - - ------------------------------ Date: Thu, 15 Feb 2001 21:21:47 -0700 From: esetser Subject: Re: [CANSLIM] stock screens Oh yes, I agree, Tom. There are many stocks on the list that aren't CANSLIM candidates. I'm not even sure how they generate the list. However, they do claim that they use "some kind" of screening. I found this on the DGO page: "The Daily Graphs Printed Product Company Index is the same report utilized by the Daily Graphs printed products since its inception in 1972. Each week a proprietary screening is performed on the William O'Neil + Co. database, to select over 2,800 of the best performing stocks. This screening selects stocks trading on the NYSE, AMEX and NASDAQ exchanges and that meet stringent standards. Factors used in this proprietary screening include reported earnings, capitalization, Sponsorship, Relative Strength, price-volume characteristics, Industry Group Rate and incorporates many CAN SLIM=99* principles." I was trying to summarize this is a few words, and I guess I failed. At 10:47 PM 2/15/01 -0500, you wrote: >If you had 2800 or so stocks on the "DGO List", then you must >have been using the Index to the DG books, and that is by no >definition a "good candidates" list. It is simply what it is >described as, an index to the books. There are many stocks in >the books that we would fault. WON has a variety of reasons for >carrying some stocks in the books, some simply because of their >high volume. > >Tom Worley >stkguru@netside.net >ICQ # 5568838 > > >----- Original Message ----- >From: esetser >To: >Sent: Thursday, February 15, 2001 10:11 PM >Subject: Re: [CANSLIM] stock screens > > >I recently subscribed to DGO for pretty much this reason. I have >grown >used to it's very complete summary of CANSLIM data, but even more >than >that, I was interested in using it to generate watch lists in a >quicker and >more consistent manner. Last weekend, I took the DGO list (2800+ >stocks >picked as good candidates by DGO) and used the export to Excel to >sort the >list according to my criteria. It took me about 1 hour to sort >the list, >and then look up Sponsorship rank on the top 200+ stocks. This >was a >significant time savings from my previous "scan through the >paper" approach. > > >At 07:26 AM 2/15/01 -0600, you wrote: >>For those on the list that don't subscribe to DGO or some other >similar >>service, how do you screen stocks? >> >>I currently read IBD and use the Daily Industry Prices and New >Highs List to >>identify strong industry sectors. I then use the new Composite >Rating along >>with the other SmateSelect Corporate ratings to select companies >in the >>sectors which are performing well. Then I look at some charts >to see if any >>strike my fancy. Also, I peruse the remainder of the paper for >companies. >> >>As anyone can see this is very time consuming. I can go through >the >>complete SmartSelect ratings only once per week. During the >week I will >>check daily those charts which I liked. Then I do it all over >again on >>Friday. I also visit a few sites on the net and am trying to >make time to >>become more active in a yahoo club that is just getting started. >And then >>there is this group. I know am missing a lot of opportunities. >Is there a >>better way to narrow down the list of possibilities w/o >subscribing to a >>service, or is a subscription the solution? >> >>Norman >> >>- >> >> >> > >- > > > >- > > > - - ------------------------------ Date: Thu, 15 Feb 2001 23:21:31 -0600 From: "curtis" Subject: RE: [CANSLIM] Intro Rerun Earl; You mention being in 7 stocks out of 100 on your watch list. How closely do you monitor the other 93? Any tips to share on keeping an eye on the list? BTE - I'm Curtis Beethe - bush league investor and 6 month lurker here. -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com] On Behalf Of esetser Sent: Thursday, February 15, 2001 9:45 PM To: canslim@xmission.com Subject: [CANSLIM] Intro Rerun Okay, okay, here goes. Name - Earl Setser, 45 Occupation - Electrical Engineer (more of a technical manager now) Investing Experience - I've been performing individual stock investing with various approaches since at least 1994. CANSLIM Experience - I started testing CANSLIM May 1999 and moved into a reasonable portion of my portfolio about August 1999. I've made quite a few mistakes, and found a few great buys too. Overall, I'm very pleased with my returns with CANSLIM (but not so much this year so far!) CANSLIM Goal - To really "get it" and up my success rate to 70% with only 3 years of experience at noted recently by a WON disciple. Present Approach - Using DGO to select 100 or so of the best overall candidates, and then watching those with near term breakout potential. Present Viewpoint - M has shown significant weakness for the last few weeks, and I've been chased out of 3 of my holdings. This leaves me with 3 holdings of a possible 7. Portfolio - I post my buy and sell actions at Clearstation.com rather than running them all by this group (usually right after my trades). You can subscribe to my recommendations if you are interested (username: esetser). - - - - ------------------------------ Date: Thu, 15 Feb 2001 21:30:04 -0800 From: Joe Maguire Subject: [CANSLIM] Re: canslim canslimnet.I just signed uptdy.free....haven't gone thru yet Has possibilities...maybe. Look fwd to keeping in touch Joe Maguire aka...firedudejoe@earthlink.net Steven Limbert wrote: > What does anyone think of CANSLIM.NET, is it anygood. > > Thanks > SL > _________________________________________________________________ > Get your FREE download of MSN Explorer at http://explorer.msn.com > > - - - ------------------------------ Date: Thu, 15 Feb 2001 22:49:07 -0700 From: DougC Subject: [CANSLIM] Introduction My name is Doug Chiurato. I live in the Boise, Idaho area. I work in Field Service for a Semiconductor Equipment Manufacturer. Actively investing since June 99 when I was able to transfer a 401K fund into an IRA Rollover. Since I got started at the tail end of the great Nasdaq bull run I learned in a relatively short time of about 9 months how easily the market can give great returns and turn around and decimate those returns. I have been attempting to use the CANSLIM methods during this beginning.I have been a subscriber to DGO for about a year. I was pleasantly surprised how well this method indicates a turn in the market. The stocks I was in around March '00 all got stopped out. Unfortunately by that time I was slightly addicted to the apparant ease of picking winning growth stocks. I also obviously lacked enough experience to know how seriously the signs were that I should put the breaks on stock buying that spring. I gave back enough to show me the importance of patience and control of emotions in trading stocks. Their neglect can offset the best of information any trader can have access to. This CANSLIM discussion appears to be a great forum for sharing in the process of educating myself in the application of this method of investing. There seems to be a good mix of those with a similar level of experience I have to those who have been involved in investing for quite some time. I look forward to sharing and learning with you all. Doug - - ------------------------------ Date: Fri, 16 Feb 2001 07:25:53 -0500 From: "Sharon Weaver" Subject: [CANSLIM] remove remove - - ------------------------------ Date: Fri, 16 Feb 2001 07:09:50 -0500 From: "Tom Worley" Subject: Re: [CANSLIM] Introduction Welcome to the group, Doug. Sounds like you are a fast learner. I had to argue with the market for a number of years before I finally accepted that the market wins the argument, always, in the end. Much better to listen to the market, and then follow its lead, than to fight the trend. Tom Worley stkguru@netside.net ICQ # 5568838 - ----- Original Message ----- From: DougC To: Sent: Friday, February 16, 2001 12:49 AM Subject: [CANSLIM] Introduction My name is Doug Chiurato. I live in the Boise, Idaho area. I work in Field Service for a Semiconductor Equipment Manufacturer. Actively investing since June 99 when I was able to transfer a 401K fund into an IRA Rollover. Since I got started at the tail end of the great Nasdaq bull run I learned in a relatively short time of about 9 months how easily the market can give great returns and turn around and decimate those returns. I have been attempting to use the CANSLIM methods during this beginning.I have been a subscriber to DGO for about a year. I was pleasantly surprised how well this method indicates a turn in the market. The stocks I was in around March '00 all got stopped out. Unfortunately by that time I was slightly addicted to the apparant ease of picking winning growth stocks. I also obviously lacked enough experience to know how seriously the signs were that I should put the breaks on stock buying that spring. I gave back enough to show me the importance of patience and control of emotions in trading stocks. Their neglect can offset the best of information any trader can have access to. This CANSLIM discussion appears to be a great forum for sharing in the process of educating myself in the application of this method of investing. There seems to be a good mix of those with a similar level of experience I have to those who have been involved in investing for quite some time. I look forward to sharing and learning with you all. Doug - - - - ------------------------------ Date: Fri, 16 Feb 2001 07:23:44 -0500 From: "Ann Hollingworth" Subject: RE: [CANSLIM] profit/loss I can't use my present holdings and cash, because I also write checks from this account. But thanks for other ideas. Ann Hollingworth Amherst, Massachusetts - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of esetser Sent: Thursday, February 15, 2001 10:35 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] profit/loss I use the total value of my present holdings and cash as compared to the total value at the beginning of the year. That will give you a true % gain total for ALL of your investments. I also track each individual investment the same way, total values vs original investment. At 09:25 PM 2/15/01 -0500, you wrote: >I am trying to refine my spreadsheet to keep track of my Canslim trading. To >figure total profit/loss for the year, do I add the percentages for each >profit and loss? Or do I divide the total profit/loss by the total cost >basis? >Thanks. > >Ann Hollingworth >Amherst, Massachusetts > > > >- > > > - - - - ------------------------------ Date: Fri, 16 Feb 2001 07:28:24 -0500 From: "Tom Worley" Subject: Re: [CANSLIM] stock screens Sorry Earl, you are correct, it is a screened list. I never thought of it that way, as I disagree (and sometimes suspect) the methods or basis for including a stock in the books. I know that volume and ranking within a group are two criteria, so a thinly traded stock, or one well down in a large group, may not make the book. Naturally, since I track a lot of thinly traded stocks, I would disagree with this criteria. One of the reasons I like DGO, everybody gets to play, no elitist restrictions. I also suspect that occasionally a stock is added to the books because one of their institutional clients, or possibly an influential WON staffer, wants it in there. At least, I have over the years seen stocks added that did not appear to meet the normal criteria, even for RS or EPS. Tom Worley stkguru@netside.net ICQ # 5568838 - ----- Original Message ----- From: esetser To: Sent: Thursday, February 15, 2001 11:21 PM Subject: Re: [CANSLIM] stock screens Oh yes, I agree, Tom. There are many stocks on the list that aren't CANSLIM candidates. I'm not even sure how they generate the list. However, they do claim that they use "some kind" of screening. I found this on the DGO page: "The Daily Graphs Printed Product Company Index is the same report utilized by the Daily Graphs printed products since its inception in 1972. Each week a proprietary screening is performed on the William O'Neil + Co. database, to select over 2,800 of the best performing stocks. This screening selects stocks trading on the NYSE, AMEX and NASDAQ exchanges and that meet stringent standards. Factors used in this proprietary screening include reported earnings, capitalization, Sponsorship, Relative Strength, price-volume characteristics, Industry Group Rate and incorporates many CAN SLIMT* principles." I was trying to summarize this is a few words, and I guess I failed. At 10:47 PM 2/15/01 -0500, you wrote: >If you had 2800 or so stocks on the "DGO List", then you must >have been using the Index to the DG books, and that is by no >definition a "good candidates" list. It is simply what it is >described as, an index to the books. There are many stocks in >the books that we would fault. WON has a variety of reasons for >carrying some stocks in the books, some simply because of their >high volume. > >Tom Worley >stkguru@netside.net >ICQ # 5568838 > > >----- Original Message ----- >From: esetser >To: >Sent: Thursday, February 15, 2001 10:11 PM >Subject: Re: [CANSLIM] stock screens > > >I recently subscribed to DGO for pretty much this reason. I have >grown >used to it's very complete summary of CANSLIM data, but even more >than >that, I was interested in using it to generate watch lists in a >quicker and >more consistent manner. Last weekend, I took the DGO list (2800+ >stocks >picked as good candidates by DGO) and used the export to Excel to >sort the >list according to my criteria. It took me about 1 hour to sort >the list, >and then look up Sponsorship rank on the top 200+ stocks. This >was a >significant time savings from my previous "scan through the >paper" approach. > > >At 07:26 AM 2/15/01 -0600, you wrote: >>For those on the list that don't subscribe to DGO or some other >similar >>service, how do you screen stocks? >> >>I currently read IBD and use the Daily Industry Prices and New >Highs List to >>identify strong industry sectors. I then use the new Composite >Rating along >>with the other SmateSelect Corporate ratings to select companies >in the >>sectors which are performing well. Then I look at some charts >to see if any >>strike my fancy. Also, I peruse the remainder of the paper for >companies. >> >>As anyone can see this is very time consuming. I can go through >the >>complete SmartSelect ratings only once per week. During the >week I will >>check daily those charts which I liked. Then I do it all over >again on >>Friday. I also visit a few sites on the net and am trying to >make time to >>become more active in a yahoo club that is just getting started. >And then >>there is this group. I know am missing a lot of opportunities. >Is there a >>better way to narrow down the list of possibilities w/o >subscribing to a >>service, or is a subscription the solution? >> >>Norman >> >>- >> >> >> > >- > > > >- > > > - - - - ------------------------------ Date: Fri, 16 Feb 2001 07:29:43 -0500 From: "Ann Hollingworth" Subject: RE: [CANSLIM] profit/loss Thanks, Tom and Earl. I have already set up the individual profits or losses, but was trying to do the whole year. As I said to Earl, I can't just do net holdings vs. starting capita because I also write checks from the account. I just want to see what my net % is on trades specifically. I have set up two columns, and they have different outcomes. Method 1: Add % profit and loss for each trade. For example, if gained 15% then lost 5%: 10% +(-5%)=5%. Method 2: Divide total profit/loss amount by total cost bases. I ended up with a different figure. (Actually I may have added rather than subtracted the cost of commissions in some instances.) Ann Hollingworth Amherst, Massachusetts - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Tom Worley Sent: Thursday, February 15, 2001 10:39 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] profit/loss Hi Ann, Simplest method is to use total costs of each trade (e.g. including commissions and anything else) in the net cost of that trade (so the commission would add on to a purchase, and subtract from the proceeds of a sale), for example). Then treat the money you have committed to CANSLIM as if it is a separate portfolio, even if it's not. From that, all you need to do is divide the net value of your CANSLIM holdings by your starting capita.. In a spread sheet environment, you can calculate the net return per trade using the total trade amount, then sum that net per trade up for the time period you are considering. Your confirms should give you the total amount involved in each trade, whether a buy or sell. Tom Worley stkguru@netside.net ICQ # 5568838 - ----- Original Message ----- From: Ann Hollingworth To: CANSLIM Listserv Sent: Thursday, February 15, 2001 9:25 PM Subject: [CANSLIM] profit/loss I am trying to refine my spreadsheet to keep track of my Canslim trading. To figure total profit/loss for the year, do I add the percentages for each profit and loss? Or do I divide the total profit/loss by the total cost basis? Thanks. Ann Hollingworth Amherst, Massachusetts - - - - - - ------------------------------ Date: Fri, 16 Feb 2001 08:45:33 -0500 From: "Tom Worley" Subject: Re: [CANSLIM] profit/loss Hi Ann, From a mathematical viewpoint, you cannot add up the percentage changes per trade unless the investment amount (in dollars) was exactly the same (which is doubtful). A more accurate picture would be to add up your net (after commissions and charges) gains or losses, and divide that by your starting capital. Tom Worley stkguru@netside.net ICQ # 5568838 - ----- Original Message ----- From: Ann Hollingworth To: Sent: Friday, February 16, 2001 7:29 AM Subject: RE: [CANSLIM] profit/loss Thanks, Tom and Earl. I have already set up the individual profits or losses, but was trying to do the whole year. As I said to Earl, I can't just do net holdings vs. starting capita because I also write checks from the account. I just want to see what my net % is on trades specifically. I have set up two columns, and they have different outcomes. Method 1: Add % profit and loss for each trade. For example, if gained 15% then lost 5%: 10% +(-5%)=5%. Method 2: Divide total profit/loss amount by total cost bases. I ended up with a different figure. (Actually I may have added rather than subtracted the cost of commissions in some instances.) Ann Hollingworth Amherst, Massachusetts - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Tom Worley Sent: Thursday, February 15, 2001 10:39 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] profit/loss Hi Ann, Simplest method is to use total costs of each trade (e.g. including commissions and anything else) in the net cost of that trade (so the commission would add on to a purchase, and subtract from the proceeds of a sale), for example). Then treat the money you have committed to CANSLIM as if it is a separate portfolio, even if it's not. From that, all you need to do is divide the net value of your CANSLIM holdings by your starting capita.. In a spread sheet environment, you can calculate the net return per trade using the total trade amount, then sum that net per trade up for the time period you are considering. Your confirms should give you the total amount involved in each trade, whether a buy or sell. Tom Worley stkguru@netside.net ICQ # 5568838 - ----- Original Message ----- From: Ann Hollingworth To: CANSLIM Listserv Sent: Thursday, February 15, 2001 9:25 PM Subject: [CANSLIM] profit/loss I am trying to refine my spreadsheet to keep track of my Canslim trading. To figure total profit/loss for the year, do I add the percentages for each profit and loss? Or do I divide the total profit/loss by the total cost basis? Thanks. Ann Hollingworth Amherst, Massachusetts - - - - - - - - ------------------------------ Date: Thu, 15 Feb 2001 22:56:41 EST From: Vanchee1@aol.com Subject: [CANSLIM] Introduction - --part1_7d.10fa1f68.27bdfef9_boundary Content-Type: text/plain; charset="US-ASCII" Content-Transfer-Encoding: 7bit Hey all canslimers, my name is Chris. I am 48 years old, married with children and live in Napa, Ca. I own my own small consulting business in heavy construction. I subscribe to IBD for about 5 years now and read most of WO books. I have traded stock for about 20 years but always on a small scale. Started using larger sums of money mostly, retirement funds in 1998. Results have been varied in 98 made about 20%, in 1999 did 110% and in 2000 lost 39% wow that cost me big time. So far this year I am up 26% I plan to do very well this year (don't we all) only buying stocks breaking out on good volume, have reasonable PE's and excellent growth, the best of all worlds. I do bend the canslim rules to fit my own style, as some of you might have noticed in my previous stock selections. Whenever I find a stock worth talking about I will post it for all to help analyze, that's what were here for, share good canslim candidates. I just bought MGRC today, don't really know why chart isn't great, just wanted to invest some extra funds and the volume was picking up. Chris. - --part1_7d.10fa1f68.27bdfef9_boundary Content-Type: text/html; charset="US-ASCII" Content-Transfer-Encoding: 7bit Hey all canslimers,  my name is Chris.  I am 48 years old, married with
children and live in Napa, Ca.
I own my own small consulting business in heavy construction. I subscribe to
IBD for about 5 years now and read most of WO books. I have traded stock for
about 20 years but always on a small scale. Started using larger sums of
money mostly, retirement funds in 1998. Results have been varied in 98 made
about 20%, in 1999 did 110% and in 2000 lost 39% wow that cost me big time.
So far this year I am up 26%  I plan to do very well this year (don't we all)
only buying stocks breaking out on good volume, have reasonable PE's and
excellent growth, the best of all worlds. I do bend the canslim rules to fit
my own style, as some of you might have noticed in my previous stock
selections. Whenever I find a stock worth talking about I will post it  for
all to help analyze, that's what were here for, share good canslim candidates.
I just bought MGRC today, don't really know why chart isn't great, just
wanted to invest some extra funds and the volume was picking up.

Chris. - --part1_7d.10fa1f68.27bdfef9_boundary-- - - ------------------------------ Date: Fri, 16 Feb 2001 06:54:41 -0800 (PST) From: Anthony DiLella Subject: [CANSLIM] Introduction Hi all Canslimers, My name is Tony and I live west of Philadelphia. I am 49 years old with a son in college and two daughters in high school. I have a precast concrete business, which I have been running since I was 19. (Any place else and I could retire with a pension.) I also have an equipment repair business, which I have been running for 10 years. I have been investing for about 5 years with mixed results. 2000 was my worst year with a 50% loss and 1999 was my best with a 100% gain, all tech both years. I have lurked in this group for a number of years, but have been reluctant to add anything since I do not really subscribe to the CANSLIM rules. I use puts and calls as well as equities. I consider this group as a great resource. I have been using TC2000 for a while but I am considering switching to DGO. I would appreciate any comments from anyone who has experience with both services. Someone recently posted something about subscribing to the paper version in order to receive a discount for the online version. I lost that post and would appreciate a repost if possible. I use yahoo e-mail and route my canslim messages to a separate folder. If anyone needs information on how this is done, you can email me at ardiii@yahoo.com. Tony D. PS: I also expect to make money this year. __________________________________________________ Do You Yahoo!? Get personalized email addresses from Yahoo! Mail - only $35 a year! http://personal.mail.yahoo.com/ - - ------------------------------ Date: Fri, 16 Feb 2001 11:34:35 -0500 From: Robert Sarao Subject: Re: [CANSLIM] Investor's Corner 2/14/01 Hi, My name is Bob Sarao and I have subscribed to this group to learn more. I am very much a novice when it comes to the CANSLIM methods but I would like to learn more. What would this group recommend as a starting point to learn the methodology of using this...? Thanks in advance... Rober Robert - - ------------------------------ Date: Fri, 16 Feb 2001 09:30:29 -0700 From: DougC Subject: [CANSLIM] MNTG Thank You Tom. I have a stock I'd like to get some feedback on. MNTG is in the Leisure-Gaming Group with a RS of 87. It's last four quarterly sales percentage numbers are all above 40% over the previous years quarters. And the last three earnings are above 80% over previous years quarters. The estimated annual earnings for 2001 over 2000 are 55% increase. The annual Growth rate is 60% and EPS is 99. The float is only 13.6 Mil. Mgmt owns 25% and funds 4%. ROE is 26%. Only neg. I can see might be Debt of 92%. I say might be because I don't know if that number is really just a function of the nature of the companies business. I'm thinking it is. It's a low priced stock so that might turn some people off. I know that WON recommends in his book to stick to stocks above 15. But the numbers look too good for me to ignore. The feedback I'd really like to hear about is concerning the chart of the stock. I worry I'm seeing only what I want to see...which is a cup with handle. But maybe that handle is too low. If I take the absolute peak of the cup at 9.03 and the absolute low of 4 the middle of the cup is about 6.5. The peak of the handle is 7.13. Which might be OK. Looking over the graphs in WON's first book it's apparant that not all handles have to start right at the peak of the left side. I believe his criteria is that the handle must be in the upper half of the cup and above the 200 day moving average. The volume of this handle has descended and stayed below the ADV throughout the past three weeks..which I understand is supposed to be a good thing. Although the stock hasn't sold off with the market it appears to be held back by it's indecisiveness. I must admit I've already given in and bought some of the stock at around 6 bucks. I did this believing we had a valid M followthru recently. And my experience has been that if I wait for the breakout by the time I get a chance to buy the stock it's already more than 5% beyond what I believe is the pivot point. I'd hate to see this stock break down but with the way the market is lately you never know. Hope I didn't go on too long about one issue. DougC. At 07:09 AM 2/16/01 -0500, you wrote: >Welcome to the group, Doug. Sounds like you are a fast learner. >I had to argue with the market for a number of years before I >finally accepted that the market wins the argument, always, in >the end. Much better to listen to the market, and then follow its >lead, than to fight the trend. > >Tom Worley >stkguru@netside.net >ICQ # 5568838 > > >----- Original Message ----- >From: DougC >To: >Sent: Friday, February 16, 2001 12:49 AM >Subject: [CANSLIM] Introduction > > >My name is Doug Chiurato. I live in the Boise, Idaho area. >I work in Field Service for a Semiconductor Equipment >Manufacturer. Actively investing since June 99 when I was >able to transfer a 401K fund into an IRA Rollover. Since I got >started at the tail end of the great Nasdaq bull run I learned in >a relatively short time of about 9 months how easily the market >can give great returns and turn around and decimate those >returns. I have been attempting to use the CANSLIM methods >during this beginning.I have been a subscriber to DGO for about >a year. I was pleasantly surprised how well this method indicates >a turn in the market. The stocks I was in around March '00 all >got >stopped out. Unfortunately by that time I was slightly >addicted to the apparant ease of picking winning growth stocks. I >also obviously lacked enough experience to know how seriously the >signs were that I should put the breaks on stock buying that >spring. >I gave back enough to show me the importance of patience and >control >of emotions in trading stocks. Their neglect can offset the best >of >information any trader can have access to. This CANSLIM >discussion >appears to be a great forum for sharing in the process of >educating >myself in the application of this method of investing. There >seems to >be a good mix of those with a similar level of experience I have >to those who have been involved in investing for quite some time. >I look forward to sharing and learning with you all. > >Doug > > >- > > > >- - - ------------------------------ Date: Fri, 16 Feb 2001 13:06:03 -0500 From: "Edward McDonough" Subject: RE: [CANSLIM] stock screens Tom, I'd like your view of LFG and it's volume today. ED - - ------------------------------ Date: Fri, 16 Feb 2001 12:27:51 -0600 From: "Norman" Subject: [CANSLIM] CHBS Im still learning charts and wonder, is this a HTF (or maybe HLooseF?)? Norman - - ------------------------------ Date: Fri, 16 Feb 2001 13:28:49 -0500 From: "Rick's RoadRunner" Subject: [CANSLIM] My Profile My name is Rick Parsons. I have been a long time investor. For the past several years, I have been mostly an aggressive mutual fund investor using Fasttrack and FTools to pick funds. Since I have retired and have more time, I am focusing more on stocks. I found a manual on Telescan's Wall Street City website called "Intermediate Term Momentum Stock Trading Course" by Marder and Kuhn. This course is based on IDB's WON techniques. The authors are very active on TradingMarkets.com. I liked the manual and what it teaches which led me to find this forum. I am just starting out and trying to get a feel on how to screen stocks. Interesting to note, about 10 years ago I was involved with a CANSLIM group here in Columbus, Ohio. Unfortunately, at that time I did not have motivation to learn and apply the techniques. I currently have and use BigEasy, TC 2000 and Window on Wallstreet. - - ------------------------------ Date: Fri, 16 Feb 2001 14:12:08 -0500 From: "Rick's RoadRunner" Subject: RE: [CANSLIM] stock screens Pricing The price for Daily Graphs Online=AE service is only $66.58 per month, f= or unlimited access. However, enjoy a discounted rate by choosing either on= e of the following subscriptions: $189.00 per quarter; $369.00 semi-annu= al; or $720.00 yearly. Rick - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Tom Worley Sent: Thursday, February 15, 2001 10:01 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] stock screens Hi Norman, As a DGO subscriber, I thought I would give you a different point of view. I use DGO exclusively for virtually all of my "screening", and then use BigCharts for any further technical (such as MACD) graphing I wish to do. I am routinely amazed by investors that consider the cost of DGO ($535/year) as too excessive, or only worth it to the "professional trader". Several members tonight have suggested what they use, which range from $180/year to $300/year. DGO is not that much greater, and gives you all the authentic CANSLIM data you require in a single site, without searching around, merging data from different sites, etc. I find my personal time, and I am not a "professional trader" nor a stock broker (any more, was for many years, but now out of this for over 5 years), worth far more than the dollar or so additional a day I would spend for DGO services. I admit I was fortunate, during the beta phase of DGO, a single stock I found (which was not even in the DG books at the time), returned me about five years of subscription costs. So I figure I am subscribing with someone else's money right now. But I am sure there are many members willing to invest $20,000 in a single stock, where a simple 5% mistake would cost them nearly twice the annual cost of DGO. Every night I get maybe 15 or so different emails from free online sites talking about how different stocks did that day, or news or earnings they reported. I open DGO and check those that interest me, and know in a few seconds with the data presented if they deserve further interest. If I had to use two or three different sites to make this same "fish or cut bait" decision, it would cost me another hour or so every night, and I definitely value my personal time at better than a dollar an hour. We get so used to obtaining everything free from the net, that $500 or so a year seems like a lot, but if you break it down into its component parts value, it's really not much. And for those trading for taxable returns, and show a profit, I imagine they can even find a way to write off the cost against their profits. I gain nothing, other than the continued availability, of favorably mentioning (even touting) DGO. I think it is the best thing to come along in years for individuals trying to apply and use CANSLIM. And I think it is worth every penny you pay, even if on a small account, so long as you are willing to apply the necessary discipline and effort to make CANSLIM work for you. Tom Worley stkguru@netside.net ICQ # 5568838 - ----- Original Message ----- From: Norman To: Sent: Thursday, February 15, 2001 8:26 AM Subject: [CANSLIM] stock screens For those on the list that don't subscribe to DGO or some other similar service, how do you screen stocks? I currently read IBD and use the Daily Industry Prices and New Highs List to identify strong industry sectors. I then use the new Composite Rating along with the other SmateSelect Corporate ratings to select companies in the sectors which are performing well. Then I look at some charts to see if any strike my fancy. Also, I peruse the remainder of the paper for companies. As anyone can see this is very time consuming. I can go through the complete SmartSelect ratings only once per week. During the week I will check daily those charts which I liked. Then I do it all over again on Friday. I also visit a few sites on the net and am trying to make time to become more active in a yahoo club that is just getting started. And then there is this group. I know am missing a lot of opportunities. Is there a better way to narrow down the list of possibilities w/o subscribing to a service, or is a subscription the solution? Norman - - - - - - ------------------------------ Date: Fri, 16 Feb 2001 16:11:42 EST From: Rlinkr@aol.com Subject: [CANSLIM] E mails - --part1_c7.72eb5eb.27bef18e_boundary Content-Type: text/plain; charset="US-ASCII" Content-Transfer-Encoding: 7bit please remove from all e mailings thank you - --part1_c7.72eb5eb.27bef18e_boundary Content-Type: text/html; charset="US-ASCII" Content-Transfer-Encoding: 7bit please remove from all e mailings

thank you
- --part1_c7.72eb5eb.27bef18e_boundary-- - - ------------------------------ Date: Fri, 16 Feb 2001 13:38:53 -0800 (PST) From: Kent Norman Subject: [CANSLIM] anyone familiar with NexTrend Analysis www.mydiscountbroker.com has NexTrend Analysis. Does anyone have an opinion on this product? I am considering opening an account with them. Thanks Kent Norman __________________________________________________ Do You Yahoo!? Get personalized email addresses from Yahoo! Mail - only $35 a year! http://personal.mail.yahoo.com/ - - ------------------------------ Date: Fri, 16 Feb 2001 13:46:58 -0800 From: "Bill Triffet" Subject: [CANSLIM] Whoami Guess I should join in the intros... My name's Bill Triffet. I'm 42, married with no kids (not that we haven't spent a small fortune in fertility labs). For work, I'm an NC programmer (Unigraphics) for a mid-sized machine shop here is Los Angeles. Been in Aerospace off and on my whole career. I started dabbling in stocks in 1997 after I rolled my old 401k into a rollover brokerage account. That year, I spent doing stupid (though small) speculative "bets" on individual stocks. Luckily, I had the sense to quit while I could and started doing some research. I looked briefly at several thick technical type books and just about gave up. My wife, who is much more direct than myself, brought home the now infamous "How To Make Money In Stocks". I laughed, what cheeseball would read a book so simply titled about such a "complex" thing as investing. Why, that would be like "How To Do Open Heart Surgery"! Well, once again she was right and I really liked the almost mechanical approach. It removed most of the emotional problems associated with trading. From 97 to summer of 98 I tried several attempts and made a few good picks. Then came the fabulous Oct 98 tech stock explosion. WON had me out of stocks just prior to that so I felt good about the system. When the final bull started that month I jumped in and made 85% (VARL, SEBL, RFMD, ETEK)from then till Feb-March of last year. Once again WON got me out of those holdings and I have been mostly in cash since then. I realize now, that I may never seen such a climax run like that again - but it sure was nice. I do have a few small positions now PHCC, UNT, and IGT. I'm not comfortable with M so they represent < 20% of my portfolio. Looking at today's action though, PHCC looks suspect. I'm still waiting for the market to show a real direction. I do vow to start contributing some lists this year as those stocks were from several members lists here. Perhaps the new IBD ranking will help in that regard. - -Bill Triffet - - ------------------------------ End of canslim-digest V2 #1139 ****************************** To unsubscribe to canslim-digest, send an email to "majordomo@xmission.com" with "unsubscribe canslim-digest" in the body of the message. For information on digests or retrieving files and old messages send "help" to the same address. Do not use quotes in your message.