From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #1549 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, July 6 2001 Volume 02 : Number 1549 In this issue: Re: [CANSLIM] Weekly Scan Re: [CANSLIM] HGS Investor vs. IBD Re: [CANSLIM] HGS Investor vs. IBD Re: [CANSLIM] HGS Investor vs. IBD ---------------------------------------------------------------------- Date: Fri, 6 Jul 2001 19:47:57 -0400 From: "William Nelson" Subject: Re: [CANSLIM] Weekly Scan This is a multi-part message in MIME format. - ------=_NextPart_000_001F_01C10654.8E29AD00 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable How do I open the attachment? ----- Original Message -----=20 From: David Squires=20 To: canslim@lists.xmission.com=20 Sent: Friday, July 06, 2001 3:42 PM Subject: [CANSLIM] Weekly Scan - ------=_NextPart_000_001F_01C10654.8E29AD00 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
How do I open the attachment?
----- Original Message -----
From:=20 David=20 Squires
To: canslim@lists.xmission.com=
Sent: Friday, July 06, 2001 = 3:42 PM
Subject: [CANSLIM] Weekly = Scan

 
- ------=_NextPart_000_001F_01C10654.8E29AD00-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Fri, 6 Jul 2001 19:51:36 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] HGS Investor vs. IBD This is a multi-part message in MIME format. - ------=_NextPart_000_005B_01C10655.11698780 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi Ron, As to who's standard, simple answer: William O'Neil If you are practicing (or trying to practice) CANSLIM, then you start = with authentic data from WON, whether that is DGO, DG, or IBD. If you = are practicing HGS, and just mining CANSLIM (and this group) for further = ideas or reinforcement of HGS picks, then obviously you would have = different standards. I am also sorry your first post on this CANSLIM board has a caustic tone = to it. I would have preferred you post on some stocks you found using = HGSI that also meet quality CANSLIM assessments, and were in a watch / = ready to buy pattern. Other members using HGS seem to be able to do with = without a commercial appeal for HGSI. I didn't find Gene's post either belittling or ignoring HGSI, nor did I = feel he was pontificating. What I got from it was that his group of = friends found they got better value elsewhere, in part because the group = ranking differed so much. Beauty, and value, is in the eye (and wallet) = of the beholder. BTW, I found both MOVI and BASI in plenty of time to still catch them in = their base before the breakout. And I wasn't using HGS methods or = software, there's a lot more than one way to skin a cat (or find = profits). Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Ron Brown=20 To: canslim@lists.xmission.com=20 Sent: Thursday, July 05, 2001 10:54 PM Subject: [CANSLIM] HGS Investor vs. IBD Gene, =20 We had a private discussion several months ago about IRL and you = indicated that you were not happy with it, so if you remember correctly, = I told you to wait for HGS Investor to be released. As you know, it has = been released, and if you are not taking advantage of its power, you = should be. =20 =20 Since I am a member of the HGS Consortium, I thought I would try to = enlighten the membership of the CANSLIM board to the advantages of using = HGS Investor in conjunction with IBD. I subscribe to IBD, and read it = everyday, but I do not use it for group and stock selection. I don't = have time. I use IBD to look for trends and for new ideas. =20 First, your assumption that IBD's Rankings are the standard may be = erroneous. Whose standards? Mine? Yours?=20 Does IBD let you set any standards, ranking choices, or limit the type = of stocks you wish to analyze? =20 =20 My parameters for index rankings using HGS Investor are: =20 =20 Equal Dollar Weighted so no stock places undue weight on a ranking.=20 Stocks with a minimum price of $5 and trading at least 40,000 shares = per day based on a 50 DMA.=20 =20 I rank my groups or indexes comprised of stocks in the groups using = Ian Slow which is based on 25 weeks of data, with 70% of the weighting = on the most recent twelve weeks. Ian Slow gives a group a chance to = "prove" itself, but is also sensitive enough to locate groups on the = move. For example, the Leisure Gaming Group turned green on March 16th, = and since then has added over 58% in 75 trading days. See the attached = gif. =20 I did a little better than the group. I caught ALLY at $12 and rode = it to $35 plus change based on HGSI's index turning green, then by = finding ALLY by stepping my way down from the index to the individual = stocks to analyze the chart, and the fundamentals. ALLY had a nice = return for me of close to 200% in 70 trading days. =20 =20 How about the Retail-Misc Index? Did you find a winners in that group = that turned green on March 9th in HGSI, and is up over 56% since then, = and is still going strong. I bought MOVI at $8, and I still riding it; = it is up well over 100% in a matter of weeks. How about BASI in the = Health Services group? Are you on it on the breakout gap above $7? = These little jewels are tough to find in a newspaper, but not with HGS = Investor! I won't bore you with more examples. =20 My point is you can pontificate about the legitimacy of IBD's rankings = superiority, but unless you are making serious money from these = rankings, they don't mean a thing. =20 I am having one of my best trading years ever due to HGS Investor's = Top Down Investing tools. =20 HGS Investor is a tool for serious investors, and if you continue to = belittle and ignore HGSI, you and your friends who smugly decided you = "get what you pay for", are missing out on a great opportunity to make = serious money in a bad market environment. Maybe I should post the = verbatim quote from a stock broker who said he has never made money as = easily as he is now since he starting using IRL, the program you hate. = He just got his hands on HGSI. Or how about a quote one of our users = who manages 8 Billion dollars for a large financial institution, who = favorably compares HGS Investor to software the bank leases for $65,000 = annually for securities analysis. He uses HGSI as one of his primary = investment tools. Let's see, $65,000 vs. approximately $600 annually. = Hmmm. =20 One more thing, QP2 uses Market Guide, or Multex as its data source. = The quote below is from the May 14th edition of IBD. Evidently IBD does = not have a problem with Market Guide's data like you do. =20 "If you're interested in building your own screens from scratch, a = number of Web sites can help. A good one is Multex.com's Market Guide at = marketguide.com." =20 I'm sorry my first post on the CANSLIM board has a caustic tone to = it, but I am very tired of this invalid argument. To each his own, but = if you aren't making good money in good markets and bad, you need to = re-evaluate your tools. If you have $49 bucks to spare, give HGS = Investor a try. It a totally new program written from the ground up. = By the way, I am getting a lot more than I paid for with HGS Investor. =20 =20 Any comments are welcome. =20 =20 Sincerely, =20 Ron =20 Ron Brown rbrown@acton.com - ------=_NextPart_000_005B_01C10655.11698780 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Hi Ron,
 
As to who's standard, simple answer: William=20 O'Neil
 
If you are practicing (or trying to practice) = CANSLIM, then=20 you start with authentic data from WON, whether that is DGO, DG, or IBD. = If you=20 are practicing HGS, and just mining CANSLIM (and this group) for further = ideas=20 or reinforcement of HGS picks, then obviously you would have different=20 standards.
 
I am also sorry your first post on this CANSLIM = board has a=20 caustic tone to it. I would have preferred you post on some stocks you = found=20 using HGSI that also meet quality CANSLIM assessments, and were in a = watch /=20 ready to buy pattern. Other members using HGS seem to be able to do with = without=20 a commercial appeal for HGSI.
 
I didn't find Gene's post either belittling or = ignoring HGSI,=20 nor did I feel he was pontificating. What I got from it was that his = group of=20 friends found they got better value elsewhere, in part because the group = ranking=20 differed so much. Beauty, and value, is in the eye (and wallet) of the=20 beholder.
 
BTW, I found both MOVI and BASI in plenty of time to = still=20 catch them in their base before the breakout. And I wasn't using HGS = methods or=20 software, there's a lot more than one way to skin a cat (or find=20 profits).
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Ron = Brown
To: canslim@lists.xmission.com =
Sent: Thursday, July 05, 2001 = 10:54=20 PM
Subject: [CANSLIM] HGS Investor = vs.=20 IBD

Gene,
 
We had a private discussion several months ago = about IRL=20 and you indicated that you were not happy with it, so if you remember=20 correctly, I told you to wait for HGS Investor to be released.  = As you=20 know, it has been released, and if you are not taking advantage of its = power,=20 you should be. 
 
Since I am a member of the HGS Consortium, I = thought I=20 would try to enlighten the membership of the CANSLIM board to the = advantages=20 of using HGS Investor in conjunction with IBD.  I subscribe to = IBD, and=20 read it everyday, but I do not use it for group and stock = selection.  I=20 don't have time.  I use IBD to look for trends and for new=20 ideas.
 
First, your assumption that IBD's = Rankings are=20 the standard may be erroneous.  Whose = standards?  =20 Mine? Yours? 
Does IBD let you set any standards,=20 ranking choices, or limit the type of stocks you wish to=20 analyze? 
 
My parameters for index rankings = using HGS=20 Investor are:   
 
Equal Dollar Weighted so no stock places = undue=20 weight on a ranking. 
Stocks with a minimum price of $5 and = trading=20 at least 40,000 shares per day based on a 50=20 DMA. 
 
I rank my  groups or indexes = comprised of=20 stocks in the groups using Ian Slow which is based on 25 weeks of = data, with=20 70% of the weighting on the most recent twelve weeks.  Ian Slow = gives a=20 group a chance to "prove" itself, but is also sensitive enough to = locate=20 groups on the move.  For example, the Leisure Gaming Group turned = green=20 on March 16th, and since then has added over 58% in 75 trading = days.  See=20 the attached gif.
 
I did a little better than the group.  I = caught=20 ALLY at $12 and rode it to $35 plus change based on HGSI's index = turning=20 green, then by finding ALLY by stepping my way down from the index to = the=20 individual stocks to analyze the chart, and the fundamentals.  = ALLY had a=20 nice return for me of close to 200% in 70 trading=20 days.  
 
How about the Retail-Misc Index?  Did you = find a=20 winners in that group that turned green on March 9th in HGSI, and is = up over=20 56% since then, and is still going strong.  I bought MOVI at = $8, and=20 I still riding it; it is up well over 100% in a matter of weeks.  = How=20 about BASI in the Health Services group?  Are you on it on the = breakout=20 gap above $7?  These little jewels are tough to find in a = newspaper, but=20 not with HGS Investor!  I won't bore you with more = examples.
 
My point is you can pontificate about the = legitimacy of=20 IBD's rankings superiority, but unless you are making serious = money=20 from these rankings, they don't mean a thing.  =
I am having one of my best trading years ever = due to HGS=20 Investor's Top Down Investing tools.
 
HGS Investor is a tool for serious investors, = and if you=20 continue to belittle and ignore HGSI, you and your friends who smugly = decided=20 you "get what you pay for", are missing out on a great opportunity to=20 make serious money in a bad market environment.  Maybe I = should post=20 the verbatim quote from a stock broker who said he has never made = money as=20 easily as he is now since he starting using IRL, the = program=20 you hate.  He just got his hands on HGSI.  Or how about a = quote one=20 of our users who manages 8 Billion dollars for a = large=20 financial institution, who favorably compares HGS Investor to software = the=20 bank leases for $65,000 annually for securities=20 analysis.  He uses HGSI as one of his primary investment = tools. =20 Let's see, $65,000 vs. approximately $600 annually.  = Hmmm.
 
One more thing, QP2 uses Market Guide, = or Multex as=20 its data source.  The quote below is from the May 14th = edition=20 of IBD.  Evidently IBD does not have a problem with Market = Guide's data=20 like you do.
 
"If you're interested in building your own screens from scratch, = a number=20 of Web sites can help. A good one is Multex.com's Market Guide = at=20 marketguide.com."
I'm sorry my first = post on the=20 CANSLIM  board has a caustic tone  to it, but I am very tired = of this=20 invalid argument.  To each his own, but if you = aren't=20 making good money in good markets and bad, you need to re-evaluate = your=20 tools.  If you have $49 bucks to spare, give HGS Investor a = try.  It=20 a totally new program written from the ground up.  By the way, I = am=20 getting a lot more than I paid for with HGS Investor. =20
 
Any comments are welcome. 
 
Sincerely,
 
Ron
 
Ron Brown
rbrown@acton.com
- ------=_NextPart_000_005B_01C10655.11698780-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Fri, 6 Jul 2001 18:59:14 -0500 From: "Patti Curry" Subject: Re: [CANSLIM] HGS Investor vs. IBD This is a multi-part message in MIME format. - ------=_NextPart_000_00CE_01C1064D.BFEFD960 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Ron, this sounds very interesting. What is the address for the HGS = website? Is there a tutorial for using the site? Is it user friendly = or does one need to have previous computer knowledge of using this sort = of site? I don't imagine there is a group that meets in my area near = Ft.Smith, AR but how would I find out? Thanks, Patti ----- Original Message -----=20 From: Ron Brown=20 To: canslim@lists.xmission.com=20 Sent: Thursday, July 05, 2001 9:54 PM Subject: [CANSLIM] HGS Investor vs. IBD Gene, =20 We had a private discussion several months ago about IRL and you = indicated that you were not happy with it, so if you remember correctly, = I told you to wait for HGS Investor to be released. As you know, it has = been released, and if you are not taking advantage of its power, you = should be. =20 =20 Since I am a member of the HGS Consortium, I thought I would try to = enlighten the membership of the CANSLIM board to the advantages of using = HGS Investor in conjunction with IBD. I subscribe to IBD, and read it = everyday, but I do not use it for group and stock selection. I don't = have time. I use IBD to look for trends and for new ideas. =20 First, your assumption that IBD's Rankings are the standard may be = erroneous. Whose standards? Mine? Yours?=20 Does IBD let you set any standards, ranking choices, or limit the type = of stocks you wish to analyze? =20 =20 My parameters for index rankings using HGS Investor are: =20 =20 Equal Dollar Weighted so no stock places undue weight on a ranking.=20 Stocks with a minimum price of $5 and trading at least 40,000 shares = per day based on a 50 DMA.=20 =20 I rank my groups or indexes comprised of stocks in the groups using = Ian Slow which is based on 25 weeks of data, with 70% of the weighting = on the most recent twelve weeks. Ian Slow gives a group a chance to = "prove" itself, but is also sensitive enough to locate groups on the = move. For example, the Leisure Gaming Group turned green on March 16th, = and since then has added over 58% in 75 trading days. See the attached = gif. =20 I did a little better than the group. I caught ALLY at $12 and rode = it to $35 plus change based on HGSI's index turning green, then by = finding ALLY by stepping my way down from the index to the individual = stocks to analyze the chart, and the fundamentals. ALLY had a nice = return for me of close to 200% in 70 trading days. =20 =20 How about the Retail-Misc Index? Did you find a winners in that group = that turned green on March 9th in HGSI, and is up over 56% since then, = and is still going strong. I bought MOVI at $8, and I still riding it; = it is up well over 100% in a matter of weeks. How about BASI in the = Health Services group? Are you on it on the breakout gap above $7? = These little jewels are tough to find in a newspaper, but not with HGS = Investor! I won't bore you with more examples. =20 My point is you can pontificate about the legitimacy of IBD's rankings = superiority, but unless you are making serious money from these = rankings, they don't mean a thing. =20 I am having one of my best trading years ever due to HGS Investor's = Top Down Investing tools. =20 HGS Investor is a tool for serious investors, and if you continue to = belittle and ignore HGSI, you and your friends who smugly decided you = "get what you pay for", are missing out on a great opportunity to make = serious money in a bad market environment. Maybe I should post the = verbatim quote from a stock broker who said he has never made money as = easily as he is now since he starting using IRL, the program you hate. = He just got his hands on HGSI. Or how about a quote one of our users = who manages 8 Billion dollars for a large financial institution, who = favorably compares HGS Investor to software the bank leases for $65,000 = annually for securities analysis. He uses HGSI as one of his primary = investment tools. Let's see, $65,000 vs. approximately $600 annually. = Hmmm. =20 One more thing, QP2 uses Market Guide, or Multex as its data source. = The quote below is from the May 14th edition of IBD. Evidently IBD does = not have a problem with Market Guide's data like you do. =20 "If you're interested in building your own screens from scratch, a = number of Web sites can help. A good one is Multex.com's Market Guide at = marketguide.com." =20 I'm sorry my first post on the CANSLIM board has a caustic tone to = it, but I am very tired of this invalid argument. To each his own, but = if you aren't making good money in good markets and bad, you need to = re-evaluate your tools. If you have $49 bucks to spare, give HGS = Investor a try. It a totally new program written from the ground up. = By the way, I am getting a lot more than I paid for with HGS Investor. =20 =20 Any comments are welcome. =20 =20 Sincerely, =20 Ron =20 Ron Brown rbrown@acton.com - ------=_NextPart_000_00CE_01C1064D.BFEFD960 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Ron, this sounds very = interesting.  What is=20 the address for the HGS website?   Is there a tutorial for = using the=20 site?   Is it user friendly or does one need to = have previous=20 computer knowledge of using this sort of  site?  I don't = imagine there=20 is a group that meets in my area near Ft.Smith, AR but how would I find=20 out?
 
Thanks, Patti
----- Original Message -----
From:=20 Ron = Brown
To: canslim@lists.xmission.com =
Sent: Thursday, July 05, 2001 = 9:54=20 PM
Subject: [CANSLIM] HGS Investor = vs.=20 IBD

Gene,
 
We had a private discussion several months ago = about IRL=20 and you indicated that you were not happy with it, so if you remember=20 correctly, I told you to wait for HGS Investor to be released.  = As you=20 know, it has been released, and if you are not taking advantage of its = power,=20 you should be. 
 
Since I am a member of the HGS Consortium, I = thought I=20 would try to enlighten the membership of the CANSLIM board to the = advantages=20 of using HGS Investor in conjunction with IBD.  I subscribe to = IBD, and=20 read it everyday, but I do not use it for group and stock = selection.  I=20 don't have time.  I use IBD to look for trends and for new=20 ideas.
 
First, your assumption that IBD's = Rankings are=20 the standard may be erroneous.  Whose = standards?  =20 Mine? Yours? 
Does IBD let you set any standards,=20 ranking choices, or limit the type of stocks you wish to=20 analyze? 
 
My parameters for index rankings = using HGS=20 Investor are:   
 
Equal Dollar Weighted so no stock places = undue=20 weight on a ranking. 
Stocks with a minimum price of $5 and = trading=20 at least 40,000 shares per day based on a 50=20 DMA. 
 
I rank my  groups or indexes = comprised of=20 stocks in the groups using Ian Slow which is based on 25 weeks of = data, with=20 70% of the weighting on the most recent twelve weeks.  Ian Slow = gives a=20 group a chance to "prove" itself, but is also sensitive enough to = locate=20 groups on the move.  For example, the Leisure Gaming Group turned = green=20 on March 16th, and since then has added over 58% in 75 trading = days.  See=20 the attached gif.
 
I did a little better than the group.  I = caught=20 ALLY at $12 and rode it to $35 plus change based on HGSI's index = turning=20 green, then by finding ALLY by stepping my way down from the index to = the=20 individual stocks to analyze the chart, and the fundamentals.  = ALLY had a=20 nice return for me of close to 200% in 70 trading=20 days.  
 
How about the Retail-Misc Index?  Did you = find a=20 winners in that group that turned green on March 9th in HGSI, and is = up over=20 56% since then, and is still going strong.  I bought MOVI at = $8, and=20 I still riding it; it is up well over 100% in a matter of weeks.  = How=20 about BASI in the Health Services group?  Are you on it on the = breakout=20 gap above $7?  These little jewels are tough to find in a = newspaper, but=20 not with HGS Investor!  I won't bore you with more = examples.
 
My point is you can pontificate about the = legitimacy of=20 IBD's rankings superiority, but unless you are making serious = money=20 from these rankings, they don't mean a thing.  =
I am having one of my best trading years ever = due to HGS=20 Investor's Top Down Investing tools.
 
HGS Investor is a tool for serious investors, = and if you=20 continue to belittle and ignore HGSI, you and your friends who smugly = decided=20 you "get what you pay for", are missing out on a great opportunity to=20 make serious money in a bad market environment.  Maybe I = should post=20 the verbatim quote from a stock broker who said he has never made = money as=20 easily as he is now since he starting using IRL, the = program=20 you hate.  He just got his hands on HGSI.  Or how about a = quote one=20 of our users who manages 8 Billion dollars for a = large=20 financial institution, who favorably compares HGS Investor to software = the=20 bank leases for $65,000 annually for securities=20 analysis.  He uses HGSI as one of his primary investment = tools. =20 Let's see, $65,000 vs. approximately $600 annually.  = Hmmm.
 
One more thing, QP2 uses Market Guide, = or Multex as=20 its data source.  The quote below is from the May 14th = edition=20 of IBD.  Evidently IBD does not have a problem with Market = Guide's data=20 like you do.
 
"If you're interested in building your own screens from scratch, = a number=20 of Web sites can help. A good one is Multex.com's Market Guide = at=20 marketguide.com."
I'm sorry my first = post on the=20 CANSLIM  board has a caustic tone  to it, but I am very tired = of this=20 invalid argument.  To each his own, but if you = aren't=20 making good money in good markets and bad, you need to re-evaluate = your=20 tools.  If you have $49 bucks to spare, give HGS Investor a = try.  It=20 a totally new program written from the ground up.  By the way, I = am=20 getting a lot more than I paid for with HGS Investor. =20
 
Any comments are welcome. 
 
Sincerely,
 
Ron
 
Ron Brown
rbrown@acton.com
- ------=_NextPart_000_00CE_01C1064D.BFEFD960-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Fri, 06 Jul 2001 19:26:42 -0500 From: Gene Ricci Subject: Re: [CANSLIM] HGS Investor vs. IBD This is a multi-part message in MIME format. - ------=_NextPart_000_0736_01C10651.960C7140 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Ron,=20 A long time ago our team established William O'Neil as our standard and = adopted IBD/DG/DGO as our benchmark data source(s). Over the years, = we've evaluated many other solutions based on these givens. QuotesPlus = and IRL failed their evaluation based on the software that was available = to us in March/April of this year.=20 During our evaluation the 'thing' that puzzled us the most was the = inconsistency of industry rankings between QP2 and IRL (forget about = trying to tie them to IBD). We asked the questions but could not get an = answer that explained why. Since IRL uses QP2 data we believe the end = result should be the same. If the IRL approach is 'better' than QP2's = then QP2 should adopt the IRL method.... and the reverse is true.=20 Question: Does the new HGS software produce the identical industry = rankings that are provided by QuotesPlus? If not, why? I'm glad to hear that you have released a new version. You say that if I have $49 to spare I should evaluate the new HGS = software. I believe that may be a stretch. In order to evaluate your = new software I would have to subscribe, install and learn QuotesPlus as = well as HGS. And, since there wasn't a manual or good help section, in = the versions that we looked at and evaluated, we would end up having to = buy the various tutorials on CDs.=20 Question: Does the new software come complete with manuals/CDs and = thereby eliminate the necessity to buy them? Last question, what does the new HGS software provide that can't be done = using done with Daily Graphs and Excel? When I say Excel, I mean the = full capabilities of Excel. regards, Gene =20 - ----- Original Message -----=20 From: Ron Brown=20 To: canslim@lists.xmission.com=20 Sent: Thursday, July 05, 2001 9:54 PM Subject: [CANSLIM] HGS Investor vs. IBD Gene, We had a private discussion several months ago about IRL and you = indicated that you were not happy with it, so if you remember correctly, = I told you to wait for HGS Investor to be released. As you know, it has = been released, and if you are not taking advantage of its power, you = should be. =20 Since I am a member of the HGS Consortium, I thought I would try to = enlighten the membership of the CANSLIM board to the advantages of using = HGS Investor in conjunction with IBD. I subscribe to IBD, and read it = everyday, but I do not use it for group and stock selection. I don't = have time. I use IBD to look for trends and for new ideas. First, your assumption that IBD's Rankings are the standard may be = erroneous. Whose standards? Mine? Yours?=20 Does IBD let you set any standards, ranking choices, or limit the type = of stocks you wish to analyze? =20 My parameters for index rankings using HGS Investor are: =20 Equal Dollar Weighted so no stock places undue weight on a ranking.=20 Stocks with a minimum price of $5 and trading at least 40,000 shares per = day based on a 50 DMA.=20 I rank my groups or indexes comprised of stocks in the groups using Ian = Slow which is based on 25 weeks of data, with 70% of the weighting on = the most recent twelve weeks. Ian Slow gives a group a chance to = "prove" itself, but is also sensitive enough to locate groups on the = move. For example, the Leisure Gaming Group turned green on March 16th, = and since then has added over 58% in 75 trading days. See the attached = gif. I did a little better than the group. I caught ALLY at $12 and rode it = to $35 plus change based on HGSI's index turning green, then by finding = ALLY by stepping my way down from the index to the individual stocks to = analyze the chart, and the fundamentals. ALLY had a nice return for me = of close to 200% in 70 trading days. =20 How about the Retail-Misc Index? Did you find a winners in that group = that turned green on March 9th in HGSI, and is up over 56% since then, = and is still going strong. I bought MOVI at $8, and I still riding it; = it is up well over 100% in a matter of weeks. How about BASI in the = Health Services group? Are you on it on the breakout gap above $7? = These little jewels are tough to find in a newspaper, but not with HGS = Investor! I won't bore you with more examples. My point is you can pontificate about the legitimacy of IBD's rankings = superiority, but unless you are making serious money from these = rankings, they don't mean a thing. =20 I am having one of my best trading years ever due to HGS Investor's Top = Down Investing tools. HGS Investor is a tool for serious investors, and if you continue to = belittle and ignore HGSI, you and your friends who smugly decided you = "get what you pay for", are missing out on a great opportunity to make = serious money in a bad market environment. Maybe I should post the = verbatim quote from a stock broker who said he has never made money as = easily as he is now since he starting using IRL, the program you hate. = He just got his hands on HGSI. Or how about a quote one of our users = who manages 8 Billion dollars for a large financial institution, who = favorably compares HGS Investor to software the bank leases for $65,000 = annually for securities analysis. He uses HGSI as one of his primary = investment tools. Let's see, $65,000 vs. approximately $600 annually. = Hmmm. One more thing, QP2 uses Market Guide, or Multex as its data source. = The quote below is from the May 14th edition of IBD. Evidently IBD does = not have a problem with Market Guide's data like you do. "If you're interested in building your own screens from scratch, a = number of Web sites can help. A good one is Multex.com's Market Guide at = marketguide.com." I'm sorry my first post on the CANSLIM board has a caustic tone to it, = but I am very tired of this invalid argument. To each his own, but if = you aren't making good money in good markets and bad, you need to = re-evaluate your tools. If you have $49 bucks to spare, give HGS = Investor a try. It a totally new program written from the ground up. = By the way, I am getting a lot more than I paid for with HGS Investor. =20 Any comments are welcome. =20 Sincerely, Ron Ron Brown rbrown@acton.com - ------=_NextPart_000_0736_01C10651.960C7140 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Ron,

A long time ago our team established William O'Neil as = our=20 standard and adopted IBD/DG/DGO as our benchmark data source(s). Over = the years,=20 we've evaluated many other solutions based on these givens. = QuotesPlus and=20 IRL failed their evaluation based on the software that was available to = us in=20 March/April of this year.

During our evaluation the 'thing' that puzzled us the most was = the=20 inconsistency of industry rankings between QP2 and IRL (forget about = trying to=20 tie them to IBD). We asked the questions but could not get an answer = that=20 explained why. Since IRL uses QP2 data we believe the end result should = be the=20 same. If the IRL approach is 'better' than QP2's then QP2 should adopt = the IRL=20 method.... and the reverse is true.

Question: Does the new HGS = software=20 produce the identical industry rankings that are provided by QuotesPlus? = If not,=20 why?

I'm glad to hear that you have released a new version.

You say that if I have $49 to spare I should evaluate the new = HGS=20 software. I believe that may be a stretch.  In order to evaluate = your new=20 software I would have to subscribe, install and learn QuotesPlus as well = as HGS.=20 And, since there wasn't a manual or good help section, in the versions = that we=20 looked at and evaluated, we would end up having to buy the various = tutorials on=20 CDs.

Question: Does the new software come complete with=20 manuals/CDs  and thereby eliminate the necessity to buy them?
 
Last question, what does the new HGS software provide that can't be = done=20 using done with Daily Graphs and Excel? When I say Excel, I mean = the full=20 capabilities of Excel.

regards,
Gene

 
----- = Original=20 Message -----
From: Ron Brown
To: canslim@lists.xmission.com =
Sent:=20 Thursday, July 05, 2001 9:54 PM
Subject: [CANSLIM] HGS Investor vs.=20 IBD


Gene,

We had a private discussion several months = ago about=20 IRL and you indicated that you were not happy with it, so if you = remember=20 correctly, I told you to wait for HGS Investor to be released.  As = you=20 know, it has been released, and if you are not taking advantage of its = power,=20 you should be. 

Since I am a member of the HGS Consortium, = I=20 thought I would try to enlighten the membership of the CANSLIM board to = the=20 advantages of using HGS Investor in conjunction with IBD.  I = subscribe to=20 IBD, and read it everyday, but I do not use it for group and stock=20 selection.  I don't have time.  I use IBD to look for trends = and for=20 new ideas.

First, your assumption that IBD's Rankings are the = standard=20 may be erroneous.  Whose standards?   Mine? Yours? =
Does IBD=20 let you set any standards, ranking choices, or limit the type of stocks = you wish=20 to analyze? 

My parameters for index rankings using HGS = Investor=20 are:  

Equal Dollar Weighted so no stock places undue = weight=20 on a ranking.
Stocks with a minimum price of $5 and trading at least = 40,000=20 shares per day based on a 50 DMA.

I rank my  groups or = indexes=20 comprised of stocks in the groups using Ian Slow which is based on 25 = weeks of=20 data, with 70% of the weighting on the most recent twelve weeks.  = Ian Slow=20 gives a group a chance to "prove" itself, but is also sensitive enough = to locate=20 groups on the move.  For example, the Leisure Gaming Group turned = green on=20 March 16th, and since then has added over 58% in 75 trading days.  = See the=20 attached gif.

I did a little better than the group.  I = caught ALLY=20 at $12 and rode it to $35 plus change based on HGSI's index turning = green, then=20 by finding ALLY by stepping my way down from the index to the individual = stocks=20 to analyze the chart, and the fundamentals.  ALLY had a nice return = for me=20 of close to 200% in 70 trading days. 

How about the = Retail-Misc=20 Index?  Did you find a winners in that group that turned green on = March 9th=20 in HGSI, and is up over 56% since then, and is still going strong.  = I=20 bought MOVI at $8, and I still riding it; it is up well over 100% in a = matter of=20 weeks.  How about BASI in the Health Services group?  Are you = on it on=20 the breakout gap above $7?  These little jewels are tough to find = in a=20 newspaper, but not with HGS Investor!  I won't bore you with more=20 examples.

My point is you can pontificate about the legitimacy of = IBD's=20 rankings superiority, but unless you are making serious money from these = rankings, they don't mean a thing. 
I am having one of my best = trading=20 years ever due to HGS Investor's Top Down Investing tools.

HGS = Investor=20 is a tool for serious investors, and if you continue to belittle and = ignore=20 HGSI, you and your friends who smugly decided you "get what you pay = for", are=20 missing out on a great opportunity to make serious money in a bad market = environment.  Maybe I should post the verbatim quote from a stock = broker=20 who said he has never made money as easily as he is now since he = starting using=20 IRL, the program you hate.  He just got his hands on HGSI.  Or = how=20 about a quote one of our users who manages 8 Billion dollars for a large = financial institution, who favorably compares HGS Investor to software = the bank=20 leases for $65,000 annually for securities analysis.  He uses HGSI = as one=20 of his primary investment tools.  Let's see, $65,000 vs. = approximately $600=20 annually.  Hmmm.

One more thing, QP2 uses Market Guide, or = Multex as=20 its data source.  The quote below is from the May 14th edition of=20 IBD.  Evidently IBD does not have a problem with Market Guide's = data like=20 you do.

"If you're interested in building your own screens from = scratch,=20 a number of Web sites can help. A good one is Multex.com's Market Guide = at=20 marketguide.com."
I'm sorry my first post on the CANSLIM  board = has a=20 caustic tone  to it, but I am very tired of this invalid = argument.  To=20 each his own, but if you aren't making good money in good markets and = bad, you=20 need to re-evaluate your tools.  If you have $49 bucks to spare, = give HGS=20 Investor a try.  It a totally new program written from the ground = up. =20 By the way, I am getting a lot more than I paid for with HGS = Investor. =20

Any comments are welcome.  =

Sincerely,

Ron

Ron=20 Brown
rbrown@acton.com
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