From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #1729 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, October 13 2001 Volume 02 : Number 1729 In this issue: Re: [CANSLIM] MARKET DIRECTION Re: [CANSLIM] EPIQ should have been MYL Re: [CANSLIM] MARKET DIRECTION Re: [CANSLIM] USPH Re: [CANSLIM] AHMH Re: [CANSLIM] MARKET DIRECTION Re: [CANSLIM] AHMH Re: [CANSLIM] MARKET DIRECTION Re: [CANSLIM] AHMH Re: [CANSLIM] AHMH ---------------------------------------------------------------------- Date: Fri, 12 Oct 2001 20:11:59 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] MARKET DIRECTION This is a multi-part message in MIME format. - ------=_NextPart_000_0047_01C1535A.2672BBE0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Ed, would you elaborate on why you say "M" is not looking good. So far, = October has been very good to me in both my IRA and VR Fund, even my 401 = is giving me back some of my contributions to the stock gods. My VR = fund is up over 10% just for October. For half a month, I consider that = a very good return. I looked at all the index charts this morning, and thought "M" looked = downright healthy, especially after all the strong and broad follow thru = days we have had. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Edward McDonough=20 To: canslim@lists.xmission.com=20 Sent: Friday, October 12, 2001 1:26 PM Subject: [CANSLIM] MARKET DIRECTION M not looking good. Noone holding over weekend. So much for the Bear Rally. Get ready for the retest. Hug the Bear!!! Call me crazy=20 Ed - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. - ------=_NextPart_000_0047_01C1535A.2672BBE0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Ed, would you elaborate on why you say "M" is not = looking=20 good. So far, October has been very good to me in both my IRA and VR = Fund, even=20 my 401 is giving me back some of my contributions to the stock = gods.  My VR=20 fund is up over 10% just for October.  For half a month, I consider = that a=20 very good return.
 
I looked at all the index charts this morning, and = thought "M"=20 looked downright healthy, especially after all the strong and broad = follow thru=20 days we have had.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Edward=20 McDonough
To: canslim@lists.xmission.com =
Sent: Friday, October 12, 2001 = 1:26=20 PM
Subject: [CANSLIM] MARKET = DIRECTION

M not looking good.

Noone holding over=20 weekend.

So much for the Bear Rally.

Get ready for the=20 retest.

Hug the Bear!!!

Call me crazy =
Ed


-
-To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your email.
- ------=_NextPart_000_0047_01C1535A.2672BBE0-- - - - -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, 12 Oct 2001 20:24:38 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] EPIQ should have been MYL This is a multi-part message in MIME format. - ------=_NextPart_000_0058_01C1535B.EA881240 Content-Type: text/plain; charset="Windows-1252" Content-Transfer-Encoding: quoted-printable Hi Charlie, I wouldn't agree that EPIQ fell apart, certainly not on the = fundamentals. But they timed a secondary offering badly, especially = considering that of the 1.5 million shares offered at 24.50, 1.05 = million came from the Chairman and his son, the CEO. In the same time = frame, they registered 1.35 million shares bought only the preceding = 12/31/00 by institutional investors, who were then sitting on over a = 250% profit in six months and anxious to sell. So the stock was hit with = an avalanche of sell orders at a time when the market was already again = weakening. It takes a long time for a small cap stock to absorb nearly 3 = million shares added to the float when it only had about 4.5 million in = the float before. I am not encouraging anyone to buy here, certainly not if they are = trading short to mid term. The time for that was while it based around = 20. But if the chart forms up well, a long term investor could like = this one. Hopeless as it is, I still have my buy limit in at 20.50! Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Charles Cangialosi=20 To: canslim@lists.xmission.com=20 Sent: Friday, October 12, 2001 9:43 PM Subject: RE: [CANSLIM] EPIQ should have been MYL In reviewing EPIQ it appears that if fell apart in mid June and has = been going sideways since. Once it cleared the 50 dma in late September it = has been working its way back up. I don't think I would want to do that = now either. I have never used a limit order. I think I understand how it works. I had USPH on my spreadsheet of stocks I was watching. I added this = one about 10 days ago and thought about 18.10 or so would be a good point = to get in. When I checked it at work it was at 18.25 so I got in at that = point, actually 18.24. After reviewing the chart tonight I am thinking that = maybe I should have passed on this one. I noticed a few things I did not take = into consideration before. E.G.: probably if there was a correct entry it = should have been 17.30 or so. Also now I am questioning if it was a cwh at = all only about 4 weeks. The learning curve is pretty steep. Charlie -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of esetser Sent: Friday, October 12, 2001 8:38 AM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] EPIQ should have been MYL One approach that has worked well for me at times it this - when a = stock that you really like runs beyond the 5% limit, I put in a limit order = at a price I'm comfortable with. Many times the stock will either "rest" a = bit and drop on lower volume, or just have a couple of large sells that = causes a quick dip. This way, you get in if the stock gives any chance at = all. I wouldn't use this if the stock was well out of range, but if it's just = a percentage point or two out of range, this can sometimes get you in at = the levels you wanted. (This isn't a recommendation to do this on EPIQ, = just a general note. EPIQ looks pretty low in the cup to me, so I'm waiting = for further progress before considering it.) - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. - ------=_NextPart_000_0058_01C1535B.EA881240 Content-Type: text/html; charset="Windows-1252" Content-Transfer-Encoding: quoted-printable
Hi Charlie,
 
I wouldn't agree that EPIQ fell apart, certainly not = on the=20 fundamentals. But they timed a secondary offering badly, especially = considering=20 that of the 1.5 million shares offered at 24.50, 1.05 million came from = the=20 Chairman and his son, the CEO. In the same time frame, they registered = 1.35=20 million shares bought only the preceding 12/31/00 by institutional = investors,=20 who were then sitting on over a 250% profit in six months and anxious to = sell.=20 So the stock was hit with an avalanche of sell orders at a time when the = market=20 was already again weakening. It takes a long time for a small cap stock = to=20 absorb nearly 3 million shares added to the float when it only had=20 about 4.5 million in the float before.
 
I am not encouraging anyone to buy here, certainly = not if they=20 are trading short to mid term. The time for that was while it based = around=20 20.  But if the chart forms up well, a long term investor could = like this=20 one. Hopeless as it is, I still have my buy limit in at = 20.50!
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Charles=20 Cangialosi
To: canslim@lists.xmission.com =
Sent: Friday, October 12, 2001 = 9:43=20 PM
Subject: RE: [CANSLIM] EPIQ = should have=20 been MYL

In reviewing EPIQ it appears that if fell apart in mid = June and=20 has been
going sideways since. Once it cleared the 50 dma in late = September=20 it has
been working its way back up. I don't think I would want to = do that=20 now
either.
I have never used a limit order. I think I = understand how it=20 works.
I had USPH on my spreadsheet of stocks I was watching. I = added this=20 one
about 10 days ago and thought about 18.10 or so would be a good = point=20 to get
in. When I checked it at work it was at 18.25 so I got in at = that=20 point,
actually 18.24. After reviewing the chart tonight I am = thinking that=20 maybe I
should have passed on this one. I noticed a few things I = did not=20 take into
consideration before. E.G.: probably if there was a = correct entry=20 it should
have been 17.30 or so. Also now I am questioning if it = was a cwh=20 at all only
about 4 weeks.
The learning curve is pretty=20 steep.

Charlie


-----Original Message-----
From: = owner-canslim@lists.xmis= sion.com
[mailto:owner-canslim@lis= ts.xmission.com]On=20 Behalf Of esetser
Sent: Friday, October 12, 2001 8:38 AM
To: canslim@lists.xmission.com=
Subject:=20 Re: [CANSLIM] EPIQ should have been MYL


One approach that = has=20 worked well for me at times it this - when a stock
that you really = like=20 runs beyond the 5% limit, I put in a limit order at a
price I'm = comfortable=20 with.  Many times the stock will either "rest" a bit
and drop = on lower=20 volume, or just have a couple of large sells that causes
a quick = dip. =20 This way, you get in if the stock gives any chance at all.  = I
wouldn't=20 use this if the stock was well out of range, but if it's just = a
percentage=20 point or two out of range, this can sometimes get you in at = the
levels you=20 wanted.  (This isn't a recommendation to do this on EPIQ, just=20 a
general note.  EPIQ looks pretty low in the cup to me, so = I'm=20 waiting for
further progress before considering=20 it.)




-
-To subscribe/unsubscribe, email "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your email.
- ------=_NextPart_000_0058_01C1535B.EA881240-- - - - -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, 12 Oct 2001 17:31:05 -0700 (PDT) From: Fanus Subject: Re: [CANSLIM] MARKET DIRECTION Can you elaborate a little on why you say M is not looking good and why you consider it a bear really and not the start of a potential bull market? Didn't we have at least two follow through days the last two weeks? Also think this is a little strong statement to say noone is holding over the weekend. If someone is selling, someone is buying, so someone is holding over the weekend. - - Fanus - --- Edward McDonough wrote: > M not looking good. > > Noone holding over weekend. > > So much for the Bear Rally. > > Get ready for the retest. > > Hug the Bear!!! > > Call me crazy > Ed > > > - > -To subscribe/unsubscribe, email > "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. __________________________________________________ Do You Yahoo!? Make a great connection at Yahoo! Personals. http://personals.yahoo.com - - - -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, 12 Oct 2001 20:34:14 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] USPH This is a multi-part message in MIME format. - ------=_NextPart_000_0067_01C1535D.41D18A80 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable I would point out, in addition to all the other comments from group = members, that the company has authorized a buyback of 1 million shares = out of a float of only 6.6 million. That's a huge percentage, and can = greatly affect the volume, and the chart. Until today, the stock was showing clear signs of lower highs, and lower = lows. One day does not make a reversal of this trend, especially if the = volume and price gain was company generated through their buyback = authority. However, the company's confidence in buying back their own = shares appears justified by the strong fundies. Outstanding ratings on = everything from RS, EPS, ROE, cash flow, GRS to A/D and Timeliness. They = may just have drawn the line in the sand today, and if so that could = mark the bottom on a company otherwise with excellent CANSLIM = characteristics. But I would still be willing to wait to see if today = does, in fact, mark a trend reversal. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: esetser=20 To: canslim@lists.xmission.com=20 Sent: Friday, October 12, 2001 3:17 PM Subject: Re: [CANSLIM] USPH I think we've been through this before, but WON gives a lot of = latitude for deep cups during bear markets. From HTMMIS, "Coming out of a major = bear market, some patterns that have decreased 50% to 60% or more can = succeed." At 08:22 AM 10/12/01 -0700, you wrote: >Breaking out to what exactly? The 52 wk high is over 21. The bottom = of >the base is under 12. That makes it too deep a cup per WON, and there = is >no N. All you can really say is that the pattern of trading at/under = the >50 DMA that has been in place since July is being broken to the = upside. >I like USPH as I owned it a while ago and made money off of it but I >would not seriously consider it now. > >Tim Fisher >OreRockOn - Oregon Rockhounds Online >Tim@OreRockOn.com >http://OreRockOn.com > >- >-To subscribe/unsubscribe, email "majordomo@xmission.com" >-In the email body, write "subscribe canslim" or >-"unsubscribe canslim". Do not use quotes in your email. > > - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. - ------=_NextPart_000_0067_01C1535D.41D18A80 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
I would point out, in addition to all the other = comments from=20 group members, that the company has authorized a buyback of 1 = million=20 shares out of a float of only 6.6 million. That's a huge percentage, and = can=20 greatly affect the volume, and the chart.
 
Until today, the stock was showing clear signs of = lower highs,=20 and lower lows. One day does not make a reversal of this trend, = especially if=20 the volume and price gain was company generated through their buyback = authority.=20 However, the company's confidence in buying back their own shares = appears=20 justified by the strong fundies. Outstanding ratings on everything from = RS, EPS,=20 ROE, cash flow, GRS to A/D and Timeliness. They may just have drawn the = line in=20 the sand today, and if so that could mark the bottom on a company = otherwise with=20 excellent CANSLIM characteristics. But I would still be willing to wait = to see=20 if today does, in fact, mark a trend reversal.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 esetser
To: canslim@lists.xmission.com =
Sent: Friday, October 12, 2001 = 3:17=20 PM
Subject: Re: [CANSLIM] = USPH

I think we've been through this before, but WON gives a = lot of=20 latitude for
deep cups during bear markets.  From HTMMIS, = "Coming out=20 of a major bear
market, some patterns that have decreased 50% to = 60% or=20 more can succeed."

At 08:22 AM 10/12/01 -0700, you=20 wrote:
>Breaking out to what exactly? The 52 wk high is over 21. = The=20 bottom of
>the base is under 12. That makes it too deep a cup = per WON,=20 and there is
>no N. All you can really say is that the pattern = of=20 trading at/under the
>50 DMA that has been in place since July = is being=20 broken to the upside.
>I like USPH as I owned it a while ago and = made=20 money off of it but I
>would not seriously consider it=20 now.
>
>Tim Fisher
>OreRockOn - Oregon Rockhounds=20 Online
>Tim@OreRockOn.com
>http://OreRockOn.com
>
>->-To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
>= ;-In=20 the email body, write "subscribe canslim" or
>-"unsubscribe=20 canslim".  Do not use quotes in your=20 email.
>
>

-
-To subscribe/unsubscribe, email = "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your email.
- ------=_NextPart_000_0067_01C1535D.41D18A80-- - - - -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, 12 Oct 2001 21:36:14 -0400 From: "Ann" Subject: Re: [CANSLIM] AHMH Thanks for this. It is very interesting. Ann - ----- Original Message ----- From: "John Kruger" To: Sent: Thursday, October 11, 2001 4:56 PM Subject: Re: [CANSLIM] AHMH : I didn't see a reply, so let me guess that the site Tim had in mind is: : : http://iw.thomsonfn.com/ : : and a sample of the kind of information he was talking about is: : : http://iw.thomsonfn.com/iwatch/cgi-bin/iw_ticker?ticker=CSCO : : It is not simple information to digest, so it takes a bit of study. : Also it has been pointed out that many big trades will escape their : notice so that the chart may be misleading. : : John : : --- Ann wrote: : > Can you send that site? : > : > ----- Original Message ----- : > From: "Tim Fisher" : > To: : > Sent: Wednesday, October 10, 2001 11:29 PM : > Subject: Re: [CANSLIM] AHMH : > : > : > : That's why I said it was a stop sweep. There is a site (have the : > URL at : > : work) that reports institutional buying/selling based on ticker : > indicators. : > : They were buying huge lots on the dips esp at the close. : > : : > : At 08:13 PM 10/10/2001 -0700, you wrote: : > : >Curiously, money flow on AHMH was +115,000 (volume on upticks - : > volume : > : >on downticks) today. That's significantly higher than yesterday : > : >(+35,000) even though the price was down significantly today and : > up : > : >significantly yesterday. That suggests MM manipulation in the face : > of a : > : >general accumulation of shares and it suggests that the current : > price : > : >may be good support. : > : > : > : >David : > : > : > : > : > : >- : > : >-To subscribe/unsubscribe, email "majordomo@xmission.com" : > : >-In the email body, write "subscribe canslim" or : > : >-"unsubscribe canslim". Do not use quotes in your email. : > : : > : Tim Fisher : > : Ore-ROCK-On Rockhounding Web Site : > : Pacific Fishery Biologists Information : > : mailto:tim@OreRockOn.com : > : WWW http://OreRockOn.com : > : : > : : > : - : > : -To subscribe/unsubscribe, email "majordomo@xmission.com" : > : -In the email body, write "subscribe canslim" or : > : -"unsubscribe canslim". Do not use quotes in your email. : > : : > : > : > - : > -To subscribe/unsubscribe, email "majordomo@xmission.com" : > -In the email body, write "subscribe canslim" or : > -"unsubscribe canslim". Do not use quotes in your email. : : : __________________________________________________ : Do You Yahoo!? : Make a great connection at Yahoo! Personals. : http://personals.yahoo.com : : - : -To subscribe/unsubscribe, email "majordomo@xmission.com" : -In the email body, write "subscribe canslim" or : -"unsubscribe canslim". Do not use quotes in your email. : - - - -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: 12 Oct 2001 21:25:52 -0700 From: "Tim Fisher" Subject: Re: [CANSLIM] MARKET DIRECTION Well Ed, I am holding over the weekend, so obviously "someone" is confident that this is at least a valid short term rally and the potential birth of a new bull. You as well as I know the reason for today's selloff was the anthrax news and not anything to do with bad economic or company news. And the markets were due for a selloff after yesterday's absurd gains. Plus the DOW and NASDAQ at least (and probably other indexes as well) closed well off their lows for the day, and the NASDAQ was UP. So I fail to see any gloom and/or doom and I thoroughly reject the bear that you so dearly cling to. Sounds like sour grapes from someone who was badly burned in the "bubble", IMHO. P.S. I for one an feeling celebratory after the buyout of my company and a big fat check in the bank. Got a little wild tonight with my first piercing at age 35. Whoo hoo! (Christ it hurts!) At 05:31 PM 10/12/2001 -0700, you wrote: > > M not looking good. > > > > Noone holding over weekend. > > > > So much for the Bear Rally. > > > > Get ready for the retest. > > > > Hug the Bear!!! > > > > Call me crazy > > Ed > > Tim Fisher Ore-ROCK-On Rockhounding Web Site Pacific Fishery Biologists Information mailto:tim@OreRockOn.com WWW http://OreRockOn.com - - - -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: 12 Oct 2001 21:33:03 -0700 From: "Tim Fisher" Subject: Re: [CANSLIM] AHMH I consider any indicators on their charts to be noteworthy. I hadn't looked at AHMH since I had sold it (I bot it back today at the close, don't laugh! - - trying something non-CANSLIM with it) but I have since looked and saw the selling yesterday, which was not occurring the prior day when it dropped so close to the end of the day. The past 2 days on it were heavy on the retail volume, which tells me that IBDers were buying and selling at a furious pace, and that day traders and shorters jumped into the fray as well. I think the institutions except for hedge funds left it alone for the most part. Remember it does not have a huge instit. holding so they can't dump it en masse if they don't own a large percentage of the float. Their secondary was horribly timed as was EPIQ's. Hey Tom, maybe they both have the same financial handlers! At 09:36 PM 10/12/2001 -0400, you wrote: >Thanks for this. It is very interesting. >Ann >----- Original Message ----- >From: "John Kruger" >To: >Sent: Thursday, October 11, 2001 4:56 PM >Subject: Re: [CANSLIM] AHMH > > >: I didn't see a reply, so let me guess that the site Tim had in mind is: >: >: http://iw.thomsonfn.com/ >: >: and a sample of the kind of information he was talking about is: >: >: http://iw.thomsonfn.com/iwatch/cgi-bin/iw_ticker?ticker=CSCO >: >: It is not simple information to digest, so it takes a bit of study. >: Also it has been pointed out that many big trades will escape their >: notice so that the chart may be misleading. >: >: John >: >: --- Ann wrote: >: > Can you send that site? >: > >: > ----- Original Message ----- >: > From: "Tim Fisher" >: > To: >: > Sent: Wednesday, October 10, 2001 11:29 PM >: > Subject: Re: [CANSLIM] AHMH >: > >: > >: > : That's why I said it was a stop sweep. There is a site (have the >: > URL at >: > : work) that reports institutional buying/selling based on ticker >: > indicators. >: > : They were buying huge lots on the dips esp at the close. >: > : >: > : At 08:13 PM 10/10/2001 -0700, you wrote: >: > : >Curiously, money flow on AHMH was +115,000 (volume on upticks - >: > volume >: > : >on downticks) today. That's significantly higher than yesterday >: > : >(+35,000) even though the price was down significantly today and >: > up >: > : >significantly yesterday. That suggests MM manipulation in the face >: > of a >: > : >general accumulation of shares and it suggests that the current >: > price >: > : >may be good support. >: > : > >: > : >David >: > : > >: > : > >: > : >- >: > : >-To subscribe/unsubscribe, email "majordomo@xmission.com" >: > : >-In the email body, write "subscribe canslim" or >: > : >-"unsubscribe canslim". Do not use quotes in your email. >: > : >: > : Tim Fisher >: > : Ore-ROCK-On Rockhounding Web Site >: > : Pacific Fishery Biologists Information >: > : mailto:tim@OreRockOn.com >: > : WWW http://OreRockOn.com >: > : >: > : >: > : - >: > : -To subscribe/unsubscribe, email "majordomo@xmission.com" >: > : -In the email body, write "subscribe canslim" or >: > : -"unsubscribe canslim". Do not use quotes in your email. >: > : >: > >: > >: > - >: > -To subscribe/unsubscribe, email "majordomo@xmission.com" >: > -In the email body, write "subscribe canslim" or >: > -"unsubscribe canslim". Do not use quotes in your email. >: >: >: __________________________________________________ >: Do You Yahoo!? >: Make a great connection at Yahoo! Personals. >: http://personals.yahoo.com >: >: - >: -To subscribe/unsubscribe, email "majordomo@xmission.com" >: -In the email body, write "subscribe canslim" or >: -"unsubscribe canslim". Do not use quotes in your email. >: > > >- >-To subscribe/unsubscribe, email "majordomo@xmission.com" >-In the email body, write "subscribe canslim" or >-"unsubscribe canslim". Do not use quotes in your email. Tim Fisher Ore-ROCK-On Rockhounding Web Site Pacific Fishery Biologists Information mailto:tim@OreRockOn.com WWW http://OreRockOn.com - - - -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: Sat, 13 Oct 2001 07:39:21 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] MARKET DIRECTION This is a multi-part message in MIME format. - ------=_NextPart_000_0021_01C153BA.2CB3FC20 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable We won't ask where you got pierced, Tim! I am also holding over the weekend, and am also confident. Come to think = of it, tho, I've been holding and fully invested all year, so guess = that's not such a good indicator. Then again, my IRA is now up 56% for = the year, gained another 1.5% on Friday. I like these volatile days that = end flat. They're certainly paying me better than money market rates. If you are practicing CANSLIM, and understand what WON teaches, I do not = see how you can ignore the follow thru days we have had. They occurred = in precisely the most desirable time frame, involved multiple indexes, = did so on volume, and gained 2% or better. Don't know what more we can = ask for as a gauge on "M".=20 I also saw a number of companies, including tech stocks, that beat their = lowered forecasts with reports on Friday. Several also raised forecasts = for 4th quarter, that hasn't been happening in a while. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Tim Fisher=20 To: canslim@lists.xmission.com=20 Sent: Saturday, October 13, 2001 12:25 AM Subject: Re: [CANSLIM] MARKET DIRECTION Well Ed, I am holding over the weekend, so obviously "someone" is = confident=20 that this is at least a valid short term rally and the potential birth = of a=20 new bull. You as well as I know the reason for today's selloff was the = anthrax news and not anything to do with bad economic or company news. = And=20 the markets were due for a selloff after yesterday's absurd gains. = Plus the=20 DOW and NASDAQ at least (and probably other indexes as well) closed = well=20 off their lows for the day, and the NASDAQ was UP. So I fail to see = any=20 gloom and/or doom and I thoroughly reject the bear that you so dearly = cling=20 to. Sounds like sour grapes from someone who was badly burned in the=20 "bubble", IMHO. P.S. I for one an feeling celebratory after the buyout of my company = and a=20 big fat check in the bank. Got a little wild tonight with my first = piercing=20 at age 35. Whoo hoo! (Christ it hurts!) At 05:31 PM 10/12/2001 -0700, you wrote: > > M not looking good. > > > > Noone holding over weekend. > > > > So much for the Bear Rally. > > > > Get ready for the retest. > > > > Hug the Bear!!! > > > > Call me crazy > > Ed > > Tim Fisher Ore-ROCK-On Rockhounding Web Site Pacific Fishery Biologists Information mailto:tim@OreRockOn.com WWW http://OreRockOn.com - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. - ------=_NextPart_000_0021_01C153BA.2CB3FC20 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
We won't ask where you got pierced, = Tim!
 
I am also holding over the weekend, and am also = confident.=20 Come to think of it, tho, I've been holding and fully invested all year, = so=20 guess that's not such a good indicator. Then again, my IRA is now up 56% = for the=20 year, gained another 1.5% on Friday. I like these volatile days that end = flat.=20 They're certainly paying me better than money market rates.
 
If you are practicing CANSLIM, and understand what = WON=20 teaches, I do not see how you can ignore the follow thru days we have = had. They=20 occurred in precisely the most desirable time frame, involved multiple = indexes,=20 did so on volume, and gained 2% or better. Don't know what more we can = ask for=20 as a gauge on "M".
 
I also saw a number of companies, including tech = stocks, that=20 beat their lowered forecasts with reports on Friday. Several also raised = forecasts for 4th quarter, that hasn't been happening in a = while.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
----- Original Message -----
From:=20 Tim = Fisher=20
To: canslim@lists.xmission.com =
Sent: Saturday, October 13, = 2001 12:25=20 AM
Subject: Re: [CANSLIM] MARKET=20 DIRECTION

Well Ed, I am holding over the weekend, so obviously = "someone"=20 is confident
that this is at least a valid short term rally and = the=20 potential birth of a
new bull. You as well as I know the reason = for=20 today's selloff was the
anthrax news and not anything to do with = bad=20 economic or company news. And
the markets were due for a selloff = after=20 yesterday's absurd gains. Plus the
DOW and NASDAQ at least (and = probably=20 other indexes as well) closed well
off their lows for the day, and = the=20 NASDAQ was UP. So I fail to see any
gloom and/or doom and I = thoroughly=20 reject the bear that you so dearly cling
to. Sounds like sour = grapes from=20 someone who was badly burned in the
"bubble", IMHO.

P.S. I = for one=20 an feeling celebratory after the buyout of my company and a
big = fat check=20 in the bank. Got a little wild tonight with my first piercing
at = age 35.=20 Whoo hoo!  (Christ it hurts!)

At 05:31 PM 10/12/2001 = - -0700, you=20 wrote:

> > M not looking good.
> >
> > = Noone=20 holding over weekend.
> >
> > So much for the Bear=20 Rally.
> >
> > Get ready for the retest.
>=20 >
> > Hug the Bear!!!
> >
> > Call me=20 crazy
> > Ed
> >

Tim Fisher
Ore-ROCK-On=20 Rockhounding Web Site
Pacific Fishery Biologists Information
mailto:tim@OreRockOn.com
WWW = http://OreRockOn.com


-
-T= o=20 subscribe/unsubscribe, email "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your email.
- ------=_NextPart_000_0021_01C153BA.2CB3FC20-- - - - -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: Sat, 13 Oct 2001 09:22:22 EDT From: VPAviator@aol.com Subject: Re: [CANSLIM] AHMH Like many others I too was in AHMH - looked like a great stock forming a nice pattern, got in within 5% of pivot, then it caved on 10/11. However I assumed the reason was that AHMH announced they would sell an additional 50 million shares (they only have 9 million outstanding now). That outght to dilute the EPS quite a bit. - - - -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: Sat, 13 Oct 2001 16:56:04 +0200 From: "Makara, Tamas" Subject: Re: [CANSLIM] AHMH I've got a daytrader friend who made a ton of money by shorting AHMH when it broke below 19 and covering at 17 within an hour. He knows CANSLIM very well, but does not follow it. But he shorts every failing CANSLIM stock. Says he will stop doing this if CANSLIM stocks will stop failing. Just reporting. Tamas VPAviator@aol.com wrote: > Like many others I too was in AHMH - looked like a great stock forming a nice pattern, got in within 5% of pivot, then it caved on 10/11. However I assumed the reason was that AHMH announced they would sell an additional 50 million shares (they only have 9 million outstanding now). That outght to dilute the EPS quite a bit. > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ End of canslim-digest V2 #1729 ****************************** 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.