From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #1229 Reply-To: canslim Sender: owner-canslim-digest@lists.xmission.com Errors-To: owner-canslim-digest@lists.xmission.com Precedence: bulk Content-Transfer-Encoding: quoted-printable X-No-Archive: yes canslim-digest Saturday, March 24 2001 Volume 02 : Number 1229 In this issue: Re: [CANSLIM] ot question for chartreaders please. TLGD Re: [CANSLIM] Watch Lists and IBD Weekend Review [CANSLIM] Weekend Review vs DG Index List Re: [CANSLIM] ot question for chartreaders please. TLGD RE: [CANSLIM] Watch Lists and IBD Weekend Review Re: [CANSLIM] Watch Lists and IBD Weekend Review ---------------------------------------------------------------------- Date: Sat, 24 Mar 2001 20:51:16 +0100 From: "Makara, Tamas" Subject: Re: [CANSLIM] ot question for chartreaders please. TLGD First, this has nothing to do with canslim investing. In my reading this stock is still in a downtrend. The big bounce on huge volume may indicate that the downtrend is going to be broken and the stock could start building a base somewhere. It may turn out that the downtrend will resume. This gap is NOT a breakaway gap because there was no base (or area pattern) to break away from. Sure, there could be many short term strategies to play a stock like this. The one you describe may work, you would have to define an exit strategy and do extensive research to find out wat the odds are. Also, you should take M into account. I do not think it is good risk/reward for an intermediate term (couple of weeks) play. By the way, this stock is up 76% in 5 days, and your entry would be 55% above last weeks low. Holding a stock like this overnight can result in huge losses. Also, there should be a lot of overhead supply starting at around 30. Tamas Robert McGill wrote: > I am trying to learn to read charts and here is one I'm trying to analyze. > My objective here is for a quick trade, maybe a couple weeks until it > started to break down, btw, I'm not really doing this, just trying to > analyze the chart. The stock is TLGD. This stock is on an uptrend on > increasing volume and price, with a breakaway gap which occurred at the open > on friday. Jiler, in "How Charts Can Help You in the Stock Market", pp-139 > says breakaway gaps often mark the beginning of a major price move. My > question is, How would you play this? My instinct would be to wait until > approx 1/2 hour after the open and see if the stock pulled back to 23 11/16 > where it opened on Fri with a stop loss under 22 5/16 where it closed prior > to the gap up. Of course, if it continued to show strength rather pull back > I would take this as confirmation of the uptrend and buy in immediately with > a stop at the price it opened on the day it gapped up, 23 11/16. All > indicators, rsi, obv and money flow are on upward trend and I couldn't find > any probs, ( I think) on DGO. Like I said, this is just an exercise and if > someone good at reading charts would critique this for me I would appreciate > it. Bob > > - - - ------------------------------ Date: Sat, 24 Mar 2001 15:46:06 -0800 From: Harvey Brion Subject: Re: [CANSLIM] Watch Lists and IBD Weekend Review Perry, 26 weeks is not long enough. Another popular system that is derived from CANSLIM looks for a 5 YEAR new high and even WON says an ALL TIME new high is the best situation to have. With a 26 week new high, the overhead resistance (prior to the 26 weeks) is very recent, making it harder for the stock to reach its pivot. Regarding PLCE, in addition to being a long way from its pivot, has 50% ownership by funds which is generally considered to be too high, preferring <30%. Also, earnings last year (FY2001, ending Jan '01) only grew 21% and they were decelerating over the last 3 quarters per DGO, whereas you'd like to see accelerating earnings. It's not the chart that makes a stock take off, it's the fundamentals of the company. The chart just tells you WHEN a stock with good fundies may take off. Good investing, -Harvey Perry Stanfield wrote: > Gene, it is Daily Graphs Online, IBD's (Investor's Business Daily) > premium charting service. The envy of all of the group....... Hey > another question about the weekend review........ Question that came > up from another post regarding PLCE Is this chart looking more like a > double bottom or a cup with a wide handle? Looks like a good stock, > when M is right it should reach a > pivot. This chart also shows that just because a stock hasn't made > the weekend review list, doesn't mean it's not a stock that's worth > considering. I think. I assume this stock didn't make that list > because it is still way off of its 52 week high. What would Mr. > ONeil say about a stock such as this? Must it reach its 52 week high > of 34 from last August before it is properly consolidated? If not, > too bad the weekend review doesn't look at another parameter (26 week > high?). Can you screen for stocks that are within 10 or 15 percent of > a 26 week high in Daily Graphs Online, or any other charting service? > If you could, I'd sure like to see a screen of stocks similar to those > in the weekend review except that were near 26, not 52 week > highs. Seems to me you would catch more good companies that are in > legitimate bases. On another note, I went through the latest Weekend > review, and manually pared the list down to BBB stocks or better (by > manually > using IBD checkup part of website), and got a watch list down to > about 85 nice stocks. So basically I screened for 85 85 BBB or better > > stocks within 15% of their 52 week high. Sure would be nice to see > how my list compares to a DGO screen with the same parameters. And > PLCE makes me wonder if a better screen might be to look at 26 week > highs instead of 52.......anyone care to help? mpstan > > what is DGO, I just signed on to this email list,Gene > > ----- Original Message ----- > From: esetser > To: canslim@lists.xmission.com > Sent: Saturday, March 24, 2001 10:21 AM > Subject: Re: [CANSLIM] Watch Lists and IBD Weekend > Review > OK, I think I can explain this. Looking at this > week's paper, the first 11 > stocks (From top left) are NVR, LEN, HOV, FARM, > HOTT, TJX, DEBS, BCF, SHFL, > SLOT, and AN. If you look in the paper, you will > find all ten are ranked > "A" for the industry group. Here's some more data > on these (I used DGO to > look up the actual group for each stock): > > NVR - Bldg-Resident/Commrcl, Group Rank #3 > LEN - Bldg-Resident/Commrcl, Group Rank #3 > HOV - Bldg-Resident/Commrcl, Group Rank #3 > FARM - Retail/Wholesale-Food, Group Rank #4 > HOTT - Retail-Apparel/Shoe, Group Rank #6 > TJX - Retail-Apparel/Shoe, Group Rank #6 > DEBS - Retail-Apparel/Shoe, Group Rank #6 > BCF - Retail-Apparel/Shoe, Group Rank #6 > SHFL - Leisure-Gaming, Group Rank #8 > SLOT - Leisure-Gaming, Group Rank #8 > AN - Retail-Misc/Diversified Group Rank #10 > > As you can see, as you go down the list, the group > rank of the stocks > increases from 3 to 4 to 6 to 8 and finally to > 10. If you look at the very > last stock on the list, TARO, it is in > Medical-Generic Drugs which is Group > Rank of 174(and that's an "E" rank). > > You will note that some of the groups don't have > any stocks on the list. > For instance, Tobacco is the number 1 group, but > there aren't any stocks > that meet the Weekend Review criteria. > Apparently, neither does > Medical-Outpnt/Hm Care (#2). For stocks in the > same group, I think they > are ordered by the highest total of EPS+RS. > > I used Group Rank to explain this, although the > paper says "Group Relative > Strength Rating". I believe that IBD used Group > Relative Strength (a > number from 1 to 99 that is available at DGO) to > establish the group rank > (1 to 197). If I'm correct, the answer is the > same. As you go down the > list, you will eventually change from "A" group > stocks to "B", then "C", > etc. I hope this makes sense. If you are still > confused, let us know. > After all, that IS the whole purpose of the group! > > At 04:03 AM 3/24/01 -0800, you wrote: > >HELP ! > > > >I am still lost on the Weekend Review. It states > that > >stocks are shown by Industry Group Strength > Rating and > >I just don't see that the stocks are listed by > >Industry or where the Industry Strenghth Rating > is > >listed. > >Thanks > >Steve > > > > > > > _________________________________________________ > >Do You Yahoo!? > >Get email at your own domain with Yahoo! Mail. > >http://personal.mail.yahoo.com/ > > > >- > > > > > > > > - > - - ------------------------------ Date: Sat, 24 Mar 2001 17:22:40 -0700 From: esetser Subject: [CANSLIM] Weekend Review vs DG Index List I did a quick look at the Weekend Review and looked to see how many of the stocks were/were not in the Daily Graphs Printed Product Index. I am specifically interested since I am using the DG Index data to generate watch lists. I thought others may be interested also. I found that there were a significant number of stocks in the Weekend Review NOT included in the Index. As far as A/B industry group stocks, I found something like 45 or so stocks out of about 130 stocks in the Weekend Review that didn't show up in the DG Index list. I reviewed each of these stocks and found that ALL of the missing stocks were very thinly traded issues. In general, most of these stocks traded less than 10,000 shares a day, and I believe all of the stocks traded less than 20,000 shares per day. These are all stocks that I would have screened out during my own screening due to average volume, so I wouldn't have considered any of the missing stocks. This is good news for me! Essentially, it means I can use the DG Index list this week as a source and capture all of the stocks in the Weekend Review that trade enough for my standards. This is only one week's worth of data, but it makes me think that I'm probably safe using the DG Index list without double-checking the Weekend Review for other candidates. - - ------------------------------ Date: Sat, 24 Mar 2001 19:47:28 -0500 From: "Tom Worley" Subject: Re: [CANSLIM] ot question for chartreaders please. TLGD Sorry, Robert, you are asking the question in the wrong forum. This is a CANSLIM group, and with RS of 12, GRS of 5, and an earnings projection growth of only 6% for this year, this stock is anything but CANSLIM. Try searching the net for a group doing value (or bottom fishing) investing. Or a day traders group. They may have a more pertinent answer for you. Tom Worley stkguru@netside.net ICQ # 5568838 - ----- Original Message ----- From: Robert McGill To: Sent: Saturday, March 24, 2001 7:20 AM Subject: [CANSLIM] ot question for chartreaders please. TLGD I am trying to learn to read charts and here is one I'm trying to analyze. My objective here is for a quick trade, maybe a couple weeks until it started to break down, btw, I'm not really doing this, just trying to analyze the chart. The stock is TLGD. This stock is on an uptrend on increasing volume and price, with a breakaway gap which occurred at the open on friday. Jiler, in "How Charts Can Help You in the Stock Market", pp-139 says breakaway gaps often mark the beginning of a major price move. My question is, How would you play this? My instinct would be to wait until approx 1/2 hour after the open and see if the stock pulled back to 23 11/16 where it opened on Fri with a stop loss under 22 5/16 where it closed prior to the gap up. Of course, if it continued to show strength rather pull back I would take this as confirmation of the uptrend and buy in immediately with a stop at the price it opened on the day it gapped up, 23 11/16. All indicators, rsi, obv and money flow are on upward trend and I couldn't find any probs, ( I think) on DGO. Like I said, this is just an exercise and if someone good at reading charts would critique this for me I would appreciate it. Bob - - - - ------------------------------ Date: Sat, 24 Mar 2001 21:28:44 -0600 From: "John Adair" Subject: RE: [CANSLIM] Watch Lists and IBD Weekend Review This is a multi-part message in MIME format. - ------=_NextPart_000_0012_01C0B4A9.677A12A0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable X-MIME-Autoconverted: from 8bit to quoted-printable by mail3.brightok.net id VAA14343 Hi Gene, Daily Graphs online by wm O=92neal This is the best program and expensive= . Go to www.investors.com and you will have acces= s to much free information. If you are a subscriber to Investors Business Daily You can register and get more free information. John Adair See you Sat after Next - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Gene Ricci Sent: Saturday, March 24, 2001 1:36 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] Watch Lists and IBD Weekend Review what is DGO, I just signed on to this email list, Gene - ----- Original Message ----- From: esetser To: canslim@lists.xmission.com Sent: Saturday, March 24, 2001 10:21 AM Subject: Re: [CANSLIM] Watch Lists and IBD Weekend Review OK, I think I can explain this. Looking at this week's paper, the first = 11 stocks (From top left) are NVR, LEN, HOV, FARM, HOTT, TJX, DEBS, BCF, SHF= L, SLOT, and AN. If you look in the paper, you will find all ten are ranked "A" for the industry group. Here's some more data on these (I used DGO t= o look up the actual group for each stock): NVR - Bldg-Resident/Commrcl, Group Rank #3 LEN - Bldg-Resident/Commrcl, Group Rank #3 HOV - Bldg-Resident/Commrcl, Group Rank #3 FARM - Retail/Wholesale-Food, Group Rank #4 HOTT - Retail-Apparel/Shoe, Group Rank #6 TJX - Retail-Apparel/Shoe, Group Rank #6 DEBS - Retail-Apparel/Shoe, Group Rank #6 BCF - Retail-Apparel/Shoe, Group Rank #6 SHFL - Leisure-Gaming, Group Rank #8 SLOT - Leisure-Gaming, Group Rank #8 AN - Retail-Misc/Diversified Group Rank #10 As you can see, as you go down the list, the group rank of the stocks increases from 3 to 4 to 6 to 8 and finally to 10. If you look at the ve= ry last stock on the list, TARO, it is in Medical-Generic Drugs which is Gro= up Rank of 174(and that's an "E" rank). You will note that some of the groups don't have any stocks on the list. For instance, Tobacco is the number 1 group, but there aren't any stocks that meet the Weekend Review criteria. Apparently, neither does Medical-Outpnt/Hm Care (#2). For stocks in the same group, I think they are ordered by the highest total of EPS+RS. I used Group Rank to explain this, although the paper says "Group Relativ= e Strength Rating". I believe that IBD used Group Relative Strength (a number from 1 to 99 that is available at DGO) to establish the group rank (1 to 197). If I'm correct, the answer is the same. As you go down the list, you will eventually change from "A" group stocks to "B", then "C", etc. I hope this makes sense. If you are still confused, let us know. After all, that IS the whole purpose of the group! At 04:03 AM 3/24/01 -0800, you wrote: >HELP ! > >I am still lost on the Weekend Review. It states that >stocks are shown by Industry Group Strength Rating and >I just don't see that the stocks are listed by >Industry or where the Industry Strenghth Rating is >listed. >Thanks >Steve > > >__________________________________________________ >Do You Yahoo!? >Get email at your own domain with Yahoo! Mail. >http://personal.mail.yahoo.com/ > >- > > > - - - ------=_NextPart_000_0012_01C0B4A9.677A12A0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable

Hi= Gene,

Da= ily Graphs online by wm O’neal This is the best program and expensive. = Go to www.investors.com and you will = have access to much free information. If you are a subscriber to Investors Business = Daily You can register and get more free = information.

Jo= hn Adair

Se= e you Sat after Next

 

-----Original Message-----
From: = owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Gene Ricci
Sent: Saturday, March 24, = 2001 1:36 PM
To: = canslim@lists.xmission.com
Subject: Re: [CANSLIM] = Watch Lists and IBD Weekend Review

 

what is DGO, I just signed on to this email = list,<= /p>

Gene <= /p>

----- Original Message -----

From: esetser

=

To: canslim@lists.xmission.com

Sent: Saturday, = March 24, 2001 10:21 AM

Subject: Re: [CANSLIM] Watch Lists and IBD Weekend Review

 <= /p>

OK, I think I can explain this.  Looking at this week's paper, the first 11
stocks (From top left) are NVR, LEN, HOV, FARM, HOTT, TJX, DEBS, BCF, = SHFL,
SLOT, and AN.  If you look in the paper, you will find all ten are = ranked
"A" for the industry group.  Here's some more data on = these (I used DGO to
look up the actual group for each stock):

NVR  - Bldg-Resident/Commrcl,  Group Rank #3
LEN  - Bldg-Resident/Commrcl,  Group Rank #3
HOV  - Bldg-Resident/Commrcl,  Group Rank #3
FARM - Retail/Wholesale-Food,  Group Rank #4
HOTT - Retail-Apparel/Shoe,    Group Rank #6
TJX  - Retail-Apparel/Shoe,    Group Rank #6
DEBS - Retail-Apparel/Shoe,    Group Rank #6
BCF  - Retail-Apparel/Shoe,    Group Rank #6
SHFL - Leisure-Gaming,         = Group Rank #8
SLOT - Leisure-Gaming,         = Group Rank #8
AN   - Retail-Misc/Diversified Group Rank #10

As you can see, as you go down the list, the group rank of the = stocks
increases from 3 to 4 to 6 to 8 and finally to 10.  If you look at = the very
last stock on the list, TARO, it is in Medical-Generic Drugs which is = Group
Rank of 174(and that's an "E" rank).

You will note that some of the groups don't have any stocks on the = list.
For instance, Tobacco is the number 1 group, but there aren't any = stocks
that meet the Weekend Review criteria.  Apparently, neither = does
Medical-Outpnt/Hm Care (#2).  For stocks in the same group, I think = they
are ordered by the highest total of EPS+RS.

I used Group Rank to explain this, although the paper says "Group = Relative
Strength Rating".  I believe that IBD used Group Relative = Strength (a
number from 1 to 99 that is available at DGO) to establish the group = rank
(1 to 197).  If I'm correct, the answer is the same.  As you = go down the
list, you will eventually change from "A" group stocks to "B", then "C",
etc.  I hope this makes sense.  If you are still confused, let = us know.
After all, that IS the whole purpose of the group!

At 04:03 AM 3/24/01 -0800, you wrote:
>HELP !
>
>I am still lost on the Weekend Review. It states that
>stocks are shown by Industry Group Strength Rating and
>I just don't see that the stocks are listed by
>Industry or where the Industry Strenghth Rating is
>listed.
>Thanks
>Steve
>
>
>__________________________________________________
>Do You Yahoo!?
>Get email at your own domain with Yahoo! Mail.
>http://personal.mail.yahoo.com/
>
>-
>
>
>

- -<= /p>

- ------=_NextPart_000_0012_01C0B4A9.677A12A0-- - - ------------------------------ Date: Sat, 24 Mar 2001 21:31:32 -0600 From: Gene Ricci Subject: Re: [CANSLIM] Watch Lists and IBD Weekend Review This is a multi-part message in MIME format. - ------=_NextPart_000_000F_01C0B4A9.CB7E5220 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable thank you, Gene ----- Original Message -----=20 From: John Adair=20 To: canslim@lists.xmission.com=20 Sent: Saturday, March 24, 2001 9:28 PM Subject: RE: [CANSLIM] Watch Lists and IBD Weekend Review Hi Gene, Daily Graphs online by wm O'neal This is the best program and = expensive. Go to www.investors.com and you will have access to much free = information. If you are a subscriber to Investors Business Daily You can = register and get more free information. John Adair=20 See you Sat after Next =20 -----Original Message----- From: owner-canslim@lists.xmission.com = [mailto:owner-canslim@lists.xmission.com]On Behalf Of Gene Ricci Sent: Saturday, March 24, 2001 1:36 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] Watch Lists and IBD Weekend Review =20 what is DGO, I just signed on to this email list, Gene=20 ----- Original Message -----=20 From: esetser=20 To: canslim@lists.xmission.com=20 Sent: Saturday, March 24, 2001 10:21 AM Subject: Re: [CANSLIM] Watch Lists and IBD Weekend Review =20 OK, I think I can explain this. Looking at this week's paper, the = first 11 stocks (From top left) are NVR, LEN, HOV, FARM, HOTT, TJX, DEBS, BCF, = SHFL, SLOT, and AN. If you look in the paper, you will find all ten are = ranked "A" for the industry group. Here's some more data on these (I used = DGO to look up the actual group for each stock): NVR - Bldg-Resident/Commrcl, Group Rank #3 LEN - Bldg-Resident/Commrcl, Group Rank #3 HOV - Bldg-Resident/Commrcl, Group Rank #3 FARM - Retail/Wholesale-Food, Group Rank #4 HOTT - Retail-Apparel/Shoe, Group Rank #6 TJX - Retail-Apparel/Shoe, Group Rank #6 DEBS - Retail-Apparel/Shoe, Group Rank #6 BCF - Retail-Apparel/Shoe, Group Rank #6 SHFL - Leisure-Gaming, Group Rank #8 SLOT - Leisure-Gaming, Group Rank #8 AN - Retail-Misc/Diversified Group Rank #10 As you can see, as you go down the list, the group rank of the stocks increases from 3 to 4 to 6 to 8 and finally to 10. If you look at the = very last stock on the list, TARO, it is in Medical-Generic Drugs which is = Group Rank of 174(and that's an "E" rank). You will note that some of the groups don't have any stocks on the = list. For instance, Tobacco is the number 1 group, but there aren't any = stocks that meet the Weekend Review criteria. Apparently, neither does Medical-Outpnt/Hm Care (#2). For stocks in the same group, I think = they are ordered by the highest total of EPS+RS.=20 I used Group Rank to explain this, although the paper says "Group = Relative Strength Rating". I believe that IBD used Group Relative Strength (a number from 1 to 99 that is available at DGO) to establish the group = rank (1 to 197). If I'm correct, the answer is the same. As you go down = the list, you will eventually change from "A" group stocks to "B", then = "C", etc. I hope this makes sense. If you are still confused, let us = know. After all, that IS the whole purpose of the group! At 04:03 AM 3/24/01 -0800, you wrote: >HELP ! > >I am still lost on the Weekend Review. It states that >stocks are shown by Industry Group Strength Rating and >I just don't see that the stocks are listed by >Industry or where the Industry Strenghth Rating is >listed. >Thanks=20 >Steve > > >__________________________________________________ >Do You Yahoo!? >Get email at your own domain with Yahoo! Mail.=20 >http://personal.mail.yahoo.com/ > >- > > > - - ------=_NextPart_000_000F_01C0B4A9.CB7E5220 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
thank you,
Gene
 
----- Original Message -----
From:=20 John=20 Adair
Sent: Saturday, March 24, 2001 = 9:28=20 PM
Subject: RE: [CANSLIM] Watch = Lists and=20 IBD Weekend Review

Hi=20 Gene,

Daily=20 Graphs online by wm O’neal This is the best program and = expensive. Go to www.investors.com and you will = have access=20 to much free information. If you are a subscriber to Investors = Business Daily=20 You can register and get more free=20 information.

John=20 Adair

See=20 you Sat after Next

 

-----Original=20 Message-----
From: = owner-canslim@lists.xmis= sion.com=20 [mailto:owner-canslim@lists.xmission.com]On=20 Behalf Of Gene Ricci
Sent: Saturday, March 24, 2001 = 1:36=20 PM
To:=20 canslim@lists.xmission.com
Subject: Re: [CANSLIM] Watch = Lists and=20 IBD Weekend Review

 

what is=20 DGO, I just signed on to this email list,

Gene 

----- = Original=20 Message -----

From: esetser=20

To: canslim@lists.xmission.com= =20

Sent: Saturday, = March 24,=20 2001 10:21 AM

Subject: Re: = [CANSLIM] Watch=20 Lists and IBD Weekend Review

 

OK, I think I can explain = this. =20 Looking at this week's paper, the first 11
stocks (From top left) = are NVR,=20 LEN, HOV, FARM, HOTT, TJX, DEBS, BCF, SHFL,
SLOT, and AN.  If = you look=20 in the paper, you will find all ten are ranked
"A" for the industry = group.  Here's some more data on these (I used DGO to
look up = the=20 actual group for each stock):

NVR  - = Bldg-Resident/Commrcl, =20 Group Rank #3
LEN  - Bldg-Resident/Commrcl,  Group Rank=20 #3
HOV  - Bldg-Resident/Commrcl,  Group Rank #3
FARM - = Retail/Wholesale-Food,  Group Rank #4
HOTT -=20 Retail-Apparel/Shoe,    Group Rank #6
TJX  -=20 Retail-Apparel/Shoe,    Group Rank #6
DEBS -=20 Retail-Apparel/Shoe,    Group Rank #6
BCF  -=20 Retail-Apparel/Shoe,    Group Rank #6
SHFL -=20 Leisure-Gaming,         Group = Rank=20 #8
SLOT - = Leisure-Gaming,        =20 Group Rank #8
AN   - Retail-Misc/Diversified Group Rank=20 #10

As you can see, as you go down the list, the group rank of = the=20 stocks
increases from 3 to 4 to 6 to 8 and finally to 10.  If = you look=20 at the very
last stock on the list, TARO, it is in Medical-Generic = Drugs=20 which is Group
Rank of 174(and that's an "E" rank).

You will = note=20 that some of the groups don't have any stocks on the list.
For = instance,=20 Tobacco is the number 1 group, but there aren't any stocks
that = meet the=20 Weekend Review criteria.  Apparently, neither = does
Medical-Outpnt/Hm=20 Care (#2).  For stocks in the same group, I think they
are = ordered by=20 the highest total of EPS+RS.

I used Group Rank to explain = this,=20 although the paper says "Group Relative
Strength Rating".  I = believe=20 that IBD used Group Relative Strength (a
number from 1 to 99 that = is=20 available at DGO) to establish the group rank
(1 to 197).  If = I'm=20 correct, the answer is the same.  As you go down the
list, you = will=20 eventually change from "A" group stocks to "B", then = "C",
etc.  I hope=20 this makes sense.  If you are still confused, let us = know.
After all,=20 that IS the whole purpose of the group!

At 04:03 AM 3/24/01 = - -0800, you=20 wrote:
>HELP !
>
>I am still lost on the Weekend = Review. It=20 states that
>stocks are shown by Industry Group Strength Rating=20 and
>I just don't see that the stocks are listed = by
>Industry or=20 where the Industry Strenghth Rating is
>listed.
>Thanks=20 =
>Steve
>
>
>____________________________________= ______________
>Do=20 You Yahoo!?
>Get email at your own domain with Yahoo! Mail.=20 =
>http://personal.mail.yahoo.com/
>
>-
>
><= BR>>

-

= - ------=_NextPart_000_000F_01C0B4A9.CB7E5220-- - - ------------------------------ End of canslim-digest V2 #1229 ****************************** 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.