From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #175 Reply-To: canslim Sender: owner-canslim-digest@lists.xmission.com Errors-To: owner-canslim-digest@lists.xmission.com Precedence: bulk X-No-Archive: yes canslim-digest Friday, April 3 1998 Volume 02 : Number 175 In this issue: RE: [CANSLIM] Tom Worley's true disclaimer RE: [CANSLIM] Date: Thu, 2 Apr 1998 21:01:17 -0600 Re: [CANSLIM] To all my friends on the Internet [CANSLIM] Market Rally? Re: [CANSLIM] ACSC Re: [CANSLIM] ACSC Re: [CANSLIM] ACSC Re: [CANSLIM] ACSC Re: [CANSLIM] Tom Worley's true disclaimer Re: [CANSLIM] canslim screening RE: [CANSLIM] Date: Thu, 2 Apr 1998 21:01:17 -0600 Re: [CANSLIM] Tom Worley's true disclaimer Fw: [CANSLIM] To all my friends on the Internet Re: [CANSLIM] Tom Worley's true disclaimer [CANSLIM] Bonds Re: [CANSLIM] Selling per O'Neil? [CANSLIM] Unemployment -4.7% -36,000 jobs created [CANSLIM] UBIX bid/ask [CANSLIM] CHTT MF Re: [CANSLIM] Unemployment -4.7% -36,000 jobs created Re: [CANSLIM] Selling per O'Neil? [CANSLIM] Accessing the discussion canslim archives... [CANSLIM] Tom and Surindra ---------------------------------------------------------------------- Date: Thu, 2 Apr 1998 22:32:43 -0500 From: "Surindra Singh" Subject: RE: [CANSLIM] Tom Worley's true disclaimer Tom: We all love you too much. Look at the timing to clean up this mess as I think you can retrieve the timing of the posts sent to the list. I wrote this prior to your bad news on the list about your job and did not know a thing about it. Sorry to hear it happened against your wishes. In any event I apologize and regret that I made this provocative remarks on the list, regardless of the circumstances. My best wishes are always with you and I am sure you will find a better place to work. What ever I posted was a joke and nothing more. Regards Surindra :-----Original Message----- :From: owner-canslim@lists.xmission.com :[mailto:owner-canslim@lists.xmission.com]On Behalf Of Tom Worley :Sent: Thursday, April 02, 1998 9:59 PM :To: canslim@lists.xmission.com :Subject: Re: [CANSLIM] Tom Worley's true disclaimer : : :Surindra, I truly hope this was intended as a joke and satire, as the :timing could not be worse. I was just fired from my job as Operations :Manager today for internal reasons (basically I knew too much and am :considering taking what I know to the regulators as early as tomorrow, :I am stubborn and principled, which is why my license is still totally :clean after over ten years in this industry). If it was not intended :in good, clean fun, and right now I am so upset that I am likely to :deregister from this group tonight without even waiting for a :response, then you just gave me the best reason of all to totally stop :posting to this group. : :My comments are strictly my own opinion, and SHOULD NOT BE INTERPRETED :AS A RECOMMENDATION OF ANY KIND. I am an EX- broker and an active :investor. All investors should do their own research prior to any :investment, especially one learned about on the Internet. :Tom w :-----Original Message----- :From: Surindra Singh :To: canslim@lists.xmission.com :Date: Thursday, April 02, 1998 6:40 PM :Subject: [CANSLIM] Tom Worley's true disclaimer : : :> :> :> :>From: Tom Worley :>Sent: Thursday, April 02, 1998 8:33 AM :>To: CANSLIM :> :>PLEASE DO NUT READ DISCLAIMERS BELOW FIRST, BUT SAVE AFTER YOU HAVE :INVESTED :>IN WHAT I RECOMMEND AND EXPECT YOU TO BUY. :> :>REMEMBER, I KNOW EVERY THING, WHICH MEANS SIMPLY THE EXPERT OPINION :AND :>RECOMMENDATION TO YOU TO INVEST RIGHT NOW. IN FACT, A FEDERALLY :INSURED CD :>IS LIKELY YOUR WORST PLACE FOR YOUR MONEY, WITH A POOREST RETURN THAT :MAY :>NOT EVEN KEEP UP WITH INFLATION. :> :>Any statements or opinions are strictly of my employer. My comments :should :>be interpreted as a recommendation of the expert. I am a licensed :broker. :>All investors should follow my research prior to any investment, :>especially one learned about on the Internet. Definitely my comments :>will make more returns to all investors. If my returns are not Better :than :>any mutual fund, I will pay you the difference in cash. :>tom w :> : : : :- : - - ------------------------------ Date: Thu, 2 Apr 1998 22:40:21 -0500 From: "Surindra Singh" Subject: RE: [CANSLIM] Date: Thu, 2 Apr 1998 21:01:17 -0600 Dont know a thing. I was watching THNK for a week or so and bought on March 31, around 3 PM, and since I do not know a thing, sold it at the end of the day on April 1, and made good profit in one day. You may call me a trader or noncanslimer for this act. Now I wish I should have kept it. Surindra :-----Original Message----- :From: owner-canslim@lists.xmission.com :[mailto:owner-canslim@lists.xmission.com]On Behalf Of Tom Worley :Sent: Thursday, April 02, 1998 10:14 PM :To: canslim@lists.xmission.com :Subject: Re: [CANSLIM] Date: Thu, 2 Apr 1998 21:01:17 -0600 : : :I had the advantage of some prior knowledge (or at least awareness) on :THNK. One of my investment banking staffers came across it, and talked :it up around the $6 level. No one listened to him until it made it's :first run into double digits. I had been watching it since, partially :as there were a number of clients that still owned it from the first :run up. About a month ago, it had finally started meeting true CS :element requirements, I don't have the actual data as I long since :tossed the charts I printed then, but had I been in cash at that time, :I have little doubt I would have bot at least 500 shares. Instead, I :hesitated, as I would have to sell something else to buy it. Oh well, :nothing like passing up a 17 pt move on a 10 dollar stock in a month!! : :My comments are strictly my own opinion, and SHOULD NOT BE INTERPRETED :AS A RECOMMENDATION OF ANY KIND. I am an EX- broker and an active :investor. All investors should do their own research prior to any :investment, especially one learned about on the Internet. :Tom w :-----Original Message----- :From: Joe Scott :To: CANSLIM :Date: Thursday, April 02, 1998 10:00 PM :Subject: [CANSLIM] Date: Thu, 2 Apr 1998 21:01:17 -0600 : : :Tom or anyone who might be able to help,, :Can you tell from the chart what the RS on THNK or any stock for that :matter would have been on that date? I often wonder would it have :been a good CANSLIM on the day that it broke out. :Using DG charts online :don't know a thing :joe : : : :- : - - ------------------------------ Date: Thu, 02 Apr 1998 21:55:01 -0600 From: Dave Cameron Subject: Re: [CANSLIM] To all my friends on the Internet Tom Worley wrote: > > You may note the altered version of my signature block. YES, I am no > longer an "inactive" broker, I'm now a "former" broker. As of today, > on about 5 minutes notice, I was terminated, which is probably a > blessing in disguise. I'm still adjusting to the concept of being > unemployed, and also not regulated, so hopefully I can be a little > more active as a poster while I hunt for a new way to pay my bills. My > program for tomorrow, due to the short notice, is to file for > unemployment and begin submitting more job applications. With what I > know of what was going on, I'm a lot happier being out of there, and > my former employer may be sorry eventually for their actions. I feel > no loyalty after the way I was treated. At least now my job won't > interfere with my investments!! Tom... now is your BIG chance to practice your learnings over the last 2+ years. Time to trade for a living for a while until you decide what you want to be when you grow up. I'd say I'm sorry to hear you were terminated, but you sound as if it is all for the best given the "integrity" of your former firm. I, for one, appreciate your candor. I also know (unlike many of the 800(!) on this list) that there were a couple of dead times where you helped to hold the group together in a significant way. If there's anything I can do to help, let me know. Dave Cameron > > My comments are strictly my own opinion, and SHOULD NOT BE INTERPRETED > AS A RECOMMENDATION OF ANY KIND. I am an EX- broker and an active > investor. All investors should do their own research prior to any > investment, especially one learned about on the Internet. > Tom W > > - - - ------------------------------ Date: Thu, 2 Apr 1998 20:06:09 -0800 From: "Robert Venchiarutti" Subject: [CANSLIM] Market Rally? This is a multi-part message in MIME format. - ------=_NextPart_000_005A_01BD5E72.C7571E60 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Just wanted to follow up on recent posts concerning distribution days in = the major indexes. My question is this: was today a successful follow = thru day (meaning its "safe" to invest in good prospects)? The Dow = and S&P 500 are both up over 1%, but volume on both was slightly less = that yesterday. Technically, I beleive this would not qualify as a = true follow thru day. Nevertheless, positive volume has been solid on = both indexes for the past three days. Nasdaq and Russell 2000 are both = up, but not significantly. Are these results too mixed to draw any = conclusions about whether recent distribution days are behind us? I read once again Craig Griffin's excellent post on reading a market = downtrend from last year, and that post, in combination with recent = posts on the subject of distribution days (and the directly related = CANSLIM selling and portfolio mgmt. strategies), have me wondering how = one determines when its prudent to make new purchases. Assuming you = beleived the market was under distribution, and you accordingly sold = your weakest postion or tightened stops, how would you determine when = the market had turned for the better? Do you apply the same general = rules used at market bottoms, namely, a short term rally, with a follow = thru day (up over 1% on higher volume than the day before) on the 3rd to = 10th day of the rally? FWIW, i did buy today. I bought ONSL, and was very prepared to buy = RWAY, but didn't b/c I did not want to be on margin now. I also = tightened stops on my two weakest holdings, fully expecting to be = stopped out, only to find they both advanced nicely today. Right now, = I'm 95% invested, even though I expected to move to cash this week. I = guess this means I'm more bullish than I thought. - ------=_NextPart_000_005A_01BD5E72.C7571E60 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Just wanted to follow = up on recent=20 posts concerning distribution days in the major indexes.  My = question is=20 this:  was today a successful follow thru day (meaning its = "safe"=20 to invest in good prospects)?    The Dow and S&P 500 = are both=20 up over 1%, but volume on both was slightly less that = yesterday.  =20 Technically, I beleive this would not qualify as a true follow thru=20 day.   Nevertheless, positive volume has been solid on both = indexes=20 for the past three days.  Nasdaq and Russell 2000 are both up, but = not=20 significantly.  Are these results too mixed to draw any conclusions = about=20 whether recent distribution days are behind us?
 
I read once again Craig = Griffin's=20 excellent post on reading a market downtrend from last year, and that = post, in=20 combination with recent posts on the subject of distribution days (and = the=20 directly related CANSLIM selling and portfolio mgmt. strategies), have = me=20 wondering how one determines when its prudent to make new = purchases. =20 Assuming you beleived the market was under distribution, and you = accordingly=20 sold your weakest postion or tightened stops, how would you determine = when the=20 market had turned for the better?  Do you apply the same general = rules used=20 at market bottoms, namely, a short term rally, with a follow thru day = (up over=20 1% on higher volume than the day before) on the 3rd to 10th day of the=20 rally?
 
FWIW, i did buy = today.  I bought=20 ONSL, and was very prepared to buy RWAY, but didn't b/c I did not want = to be on=20 margin now.  I also tightened stops on my two weakest holdings, = fully=20 expecting to be stopped out, only to find they both advanced nicely = today. =20 Right now, I'm 95% invested, even though I expected to move to cash this = week.  I guess this means I'm more bullish than I=20 thought.
- ------=_NextPart_000_005A_01BD5E72.C7571E60-- - - ------------------------------ Date: Thu, 02 Apr 1998 22:10:26 -0600 From: Dave Cameron Subject: Re: [CANSLIM] ACSC DCSquires wrote: > > Hi All, > > ACSC appears to be coming out of a nice base right now. This is a VERY clean base - good catch. I won't buy because I don't like the last quarter results enough to sell anything else... But I like the chart! Dave Cameron > > DSquires > > - - - ------------------------------ Date: Thu, 2 Apr 1998 23:18:48 EST From: DCSquires Subject: Re: [CANSLIM] ACSC In a message dated 98-04-02 23:13:50 EST, you write: << This is a VERY clean base - good catch. I won't buy because I don't like the last quarter results enough to sell anything else... But I like the chart! Dave Cameron >> I agree 100% with your comments. I am more of a CANSLIM trader then a true CANSLIMer so I weight the chart more then most. Still, I didn't like the way the stock traded today and unless it has a good follow through I will dump it. DSquires - - ------------------------------ Date: Fri, 3 Apr 1998 11:30:43 +0700 (ICT) From: Peter Christiansen Subject: Re: [CANSLIM] ACSC On my chart the RS deteriorating as the stock breaks out. Can someone with access to DG online confirm that? At 10:10 PM 4/2/98 -0600, you wrote: >DCSquires wrote: >> >> Hi All, >> >> ACSC appears to be coming out of a nice base right now. > >This is a VERY clean base - good catch. I won't buy because >I don't like the last quarter results enough to sell anything >else... But I like the chart! > >Dave Cameron > >> >> DSquires >> >> - > >- > > > Peter Christiansen Chiang Mai - Thailand - - ------------------------------ Date: Thu, 2 Apr 1998 23:39:48 EST From: DCSquires Subject: Re: [CANSLIM] ACSC In a message dated 98-04-02 23:32:08 EST, you write: << On my chart the RS deteriorating as the stock breaks out. Can someone with access to DG online confirm that? >> Your right the RS is a low 66. However, a 12 dollar stock that emerges from a sound base on good volume can have a dramatic increase in RS in a short period of time. This is more of a technical buy for me; perhaps I should have given it a "non- CS" label. DSquires - - ------------------------------ Date: Fri, 3 Apr 1998 00:08:38 -0400 From: "Richard E. Jenkins" Subject: Re: [CANSLIM] Tom Worley's true disclaimer Tom, I, and I am sure the vast majority of the members of this group, greatly appreciate your knowledge and expertise. Your firm conviction to the CANSLIM concepts have also been an inspiration and have often held this group to the subject material, not allowing it to wander off-topic for more than a few few moments. I was deeply saddened to learn of your misfortune and sincerely hope that your experience soon leads to far greater riches and rewards. We are all pulling for you, Tom. Hang in there. > From: "Tom Worley" > To: > Subject: Re: [CANSLIM] Tom Worley's true disclaimer > Date: Thu, 2 Apr 1998 21:59:22 -0500 > Reply-to: canslim@lists.xmission.com > Surindra, I truly hope this was intended as a joke and satire, as the > timing could not be worse. I was just fired from my job as Operations > Manager today for internal reasons (basically I knew too much and am > considering taking what I know to the regulators as early as tomorrow, > I am stubborn and principled, which is why my license is still totally > clean after over ten years in this industry). If it was not intended > in good, clean fun, and right now I am so upset that I am likely to > deregister from this group tonight without even waiting for a > response, then you just gave me the best reason of all to totally stop > posting to this group. > > My comments are strictly my own opinion, and SHOULD NOT BE INTERPRETED > AS A RECOMMENDATION OF ANY KIND. I am an EX- broker and an active > investor. All investors should do their own research prior to any > investment, especially one learned about on the Internet. > Tom w The remainder has been cut, as it was, in my opinion, in extremely poor taste, under any circumstances. - - ------------------------------ Date: Thu, 2 Apr 1998 21:53:09 -0800 From: "pruler" Subject: Re: [CANSLIM] canslim screening This is a multi-part message in MIME format. - ------=_NextPart_000_005E_01BD5E81.B9F0CC80 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Surindra, I usually do DELETE on all your posts. This one, and the one on Tom W. = escaped. You got absolutely no class. why don't you grow up? Paul -----Original Message----- From: Surindra Singh To: canslim@lists.xmission.com Date: Thursday, April 02, 1998 4:06 PM Subject: RE: [CANSLIM] canslim screening =20 =20 You can go to the archives and find out. Let me know if you have = problems. =20 You may click on this and reach the ultimate fantastic site you can = not even imagine (Hint: Click again and again for the next wonder of the = word): =20 =20 =20 -----Original Message----- From: owner-canslim@lists.xmission.com = [mailto:owner-canslim@lists.xmission.com]On Behalf Of england.john Sent: Thursday, April 02, 1998 7:17 PM To: canslim@lists.xmission.com Subject: [CANSLIM] canslim screening =20 =20 Not too long ago a site was posted.It was a site that had = canslim screened stocks ,investing books, hoovers screening.etc.... it was sort of a = link page for the individual investor. If anyone knows the address could = you please send it to me . It basicly linked to a bunck of sites I believe the home page = was green and white for colors. =20 Any help is much appreciated......Thanx to all..... - ------=_NextPart_000_005E_01BD5E81.B9F0CC80 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Surindra,
I = usually do=20 DELETE on all your posts.  This one, and the one on Tom W.=20 escaped.
You got absolutely no class.
why don't you grow up?
 
Paul
-----Original = Message-----
From:=20 Surindra Singh <sjs7b@worldnet.att.net>
= To:=20 canslim@lists.xmission.com= =20 <canslim@lists.xmission.com= >
Date:=20 Thursday, April 02, 1998 4:06 PM
Subject: RE: = [CANSLIM]=20 canslim screening

You can go to the archives and find out. Let me know if you = have=20 problems.
 
You may click on this and reach the ultimate fantastic site = you can=20 not even imagine (Hint: Click again and again for the next wonder of = the=20 word):
 
 
 
-----Original=20 Message-----
From: owner-canslim@lists.xmission.com=20 [mailto:owner-canslim@lists.xmission.com]On Behalf Of=20 england.john
Sent: Thursday, April 02, 1998 7:17=20 PM
To: canslim@lists.xmission.com
Subject: = [CANSLIM]=20 canslim screening

Not too long ago a site was = posted.It=20 was a site that had canslim screened stocks
,investing books, hoovers=20 screening.etc.... it was sort of a link page for the individual=20 investor. If anyone knows the address could you please send it = to me=20 .
It basicly linked to a bunck = of sites I=20 believe the home page was green and white for = colors.
 
Any help is much = appreciated......Thanx=20 to all.....
- ------=_NextPart_000_005E_01BD5E81.B9F0CC80-- - - ------------------------------ Date: Thu, 2 Apr 1998 22:37:19 -0800 From: Mike Lucero Subject: RE: [CANSLIM] Date: Thu, 2 Apr 1998 21:01:17 -0600 In the 2/20/98 DG book, THNK has RS 86, EPS 75, GRS 83, ACC/DIST B, U/D 0.8. Mike On Thursday, April 02, 1998 7:02 PM, Joe Scott [SMTP:joe@2fords.net] wrote: > Tom or anyone who might be able to help,, > Can you tell from the chart what the RS on THNK or any stock for that matter would have been on that date? I often wonder would it have been a good CANSLIM on the day that it broke out. > Using DG charts online > don't know a thing > joe > << File: ATT00007.htm >> - - ------------------------------ Date: Fri, 3 Apr 1998 11:45:44 +0300 From: "David S. Pinhasik" Subject: Re: [CANSLIM] Tom Worley's true disclaimer I second. All the best, Tom. I am positive you are going to do much better with a different firm or perhaps on your own as someone mentioned. David - -----Original Message----- From: Richard E. Jenkins To: canslim@lists.xmission.com ; stkguru@netside.net Cc: jenkr@global2000.net Date: =E9=E5=ED =F9=E9=F9=E9 03 =E0=F4=F8=E9=EC 1998 08:05 Subject: Re: [CANSLIM] Tom Worley's true disclaimer Tom, I, and I am sure the vast majority of the members of this group, greatly appreciate your knowledge and expertise. Your firm conviction to the CANSLIM concepts have also been an inspiration and have often held this group to the subject material, not allowing it to wander off-topic for more than a few few moments. I was deeply saddened to learn of your misfortune and sincerely hope that your experience soon leads to far greater riches and rewards. We are all pulling for you, Tom. Hang in there. > From: "Tom Worley" > To: > Subject: Re: [CANSLIM] Tom Worley's true disclaimer > Date: Thu, 2 Apr 1998 21:59:22 -0500 > Reply-to: canslim@lists.xmission.com > Surindra, I truly hope this was intended as a joke and satire, as the > timing could not be worse. I was just fired from my job as Operations > Manager today for internal reasons (basically I knew too much and am > considering taking what I know to the regulators as early as tomorrow, > I am stubborn and principled, which is why my license is still totally > clean after over ten years in this industry). If it was not intended > in good, clean fun, and right now I am so upset that I am likely to > deregister from this group tonight without even waiting for a > response, then you just gave me the best reason of all to totally stop > posting to this group. > > My comments are strictly my own opinion, and SHOULD NOT BE INTERPRETED > AS A RECOMMENDATION OF ANY KIND. I am an EX- broker and an active > investor. All investors should do their own research prior to any > investment, especially one learned about on the Internet. > Tom w The remainder has been cut, as it was, in my opinion, in extremely poor taste, under any circumstances. - - - - ------------------------------ Date: Fri, 3 Apr 1998 22:45:08 +1200 From: "Dean Edwards" Subject: Fw: [CANSLIM] To all my friends on the Internet Tom , My deepest sympathies. Any change in life that requires a person to adapt to new circumstances can cause stress, regardless of whether or not the change is beneficial. Job loss is ranked as one of the highest, most stressful events in the impact of life changes. Especially with regard to your circumstances, in having such very short notice... My other concern is that you may overtrade or do something irrational such as increase your risk taking because of these events. The market does not beat them, they beat themselves. But I have the utmost respect for your character. <. Quite a reward for over four years of works 60-70 hour weeks. . As John Train says:" the biggest differences between the ones that make it and the ones that don't is simply that the successful ones have the drive to win through in spite of all the frustrations. The difference between the professional and the amateur is often just that the professional will work terribly hard and keep at it." With your veracity and integrity, I am sure that you will acquire another job. Regards Dean - -----Original Message----- From: Tom Worley To: CANSLIM Date: Friday, April 03, 1998 2:13 PM Subject: [CANSLIM] To all my friends on the Internet >You may note the altered version of my signature block. YES, I am no >longer an "inactive" broker, I'm now a "former" broker. As of today, >on about 5 minutes notice, I was terminated, - - ------------------------------ Date: Fri, 3 Apr 1998 06:54:56 -0500 From: "Nelson E. Timken, Esq." Subject: Re: [CANSLIM] Tom Worley's true disclaimer This is a multi-part message in MIME format. - ------=_NextPart_000_0020_01BD5ECD.697C43A0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable X-MIME-Autoconverted: from 8bit to quoted-printable by smtp2.erols.com id GAA24057 Ditto Tom. You will get right back on your feet, and bigger and better things will be in your future. So hang in there. As for those who would satirize your comments, and act like fools on this list, particularly when you are in a tough situation, they have a lot of growing up to do and will find themselves the victims of my efficient mai= l filter. Nelson E. Timken, Esq. Queens, New York - -------------------------------------------------------------------------= - --- - ------------- Home Page: http://www.geocities.com/wallstreet/5791 - -----Original Message----- From: David S. Pinhasik To: canslim@lists.xmission.com Date: Friday, April 03, 1998 3:49 AM Subject: Re: [CANSLIM] Tom Worley's true disclaimer I second. All the best, Tom. I am positive you are going to do much better with a different firm or perhaps on your own as someone mentioned. David - -----Original Message----- From: Richard E. Jenkins To: canslim@lists.xmission.com ; stkguru@netside.net Cc: jenkr@global2000.net Date: =E9=E5=ED =F9=E9=F9=E9 03 =E0=F4=F8=E9=EC 1998 08:05 Subject: Re: [CANSLIM] Tom Worley's true disclaimer Tom, I, and I am sure the vast majority of the members of this group, greatly appreciate your knowledge and expertise. Your firm conviction to the CANSLIM concepts have also been an inspiration and have often held this group to the subject material, not allowing it to wander off-topic for more than a few few moments. I was deeply saddened to learn of your misfortune and sincerely hope that your experience soon leads to far greater riches and rewards. We are all pulling for you, Tom. Hang in there. > From: "Tom Worley" > To: > Subject: Re: [CANSLIM] Tom Worley's true disclaimer > Date: Thu, 2 Apr 1998 21:59:22 -0500 > Reply-to: canslim@lists.xmission.com > Surindra, I truly hope this was intended as a joke and satire, as the > timing could not be worse. I was just fired from my job as Operations > Manager today for internal reasons (basically I knew too much and am > considering taking what I know to the regulators as early as tomorrow, > I am stubborn and principled, which is why my license is still totally > clean after over ten years in this industry). If it was not intended > in good, clean fun, and right now I am so upset that I am likely to > deregister from this group tonight without even waiting for a > response, then you just gave me the best reason of all to totally stop > posting to this group. > > My comments are strictly my own opinion, and SHOULD NOT BE INTERPRETED > AS A RECOMMENDATION OF ANY KIND. I am an EX- broker and an active > investor. All investors should do their own research prior to any > investment, especially one learned about on the Internet. > Tom w The remainder has been cut, as it was, in my opinion, in extremely poor taste, under any circumstances. - - - - - ------=_NextPart_000_0020_01BD5ECD.697C43A0 Content-Type: text/x-vcard; name="Nelson E. Timken, Esq..vcf" Content-Disposition: attachment; filename="Nelson E. Timken, Esq..vcf" Content-Transfer-Encoding: quoted-printable BEGIN:VCARD VERSION:2.1 N:Timken, Esq.;Nelson;E. FN:Nelson E. Timken, Esq. ORG:JN Financial TITLE:Member TEL;WORK;VOICE:(718) 468-6293 TEL;HOME;VOICE:(718) 468-6293 TEL;WORK;FAX:(718) 224-4782 TEL;HOME;FAX:(718) 776-0084 ADR;WORK;ENCODING=3DQUOTED-PRINTABLE:;;40-26 235th = Street=3D0D=3D0A=3D0D=3D0A=3D0D=3D0A=3D0D=3D0A;Douglaston;NY;11363;USA LABEL;WORK;ENCODING=3DQUOTED-PRINTABLE:40-26 235th = Street=3D0D=3D0A=3D0D=3D0A=3D0D=3D0A=3D0D=3D0A=3D0D=3D0ADouglaston, NY = 11363=3D0D=3D0AUS=3D A ADR;HOME:;;80-41 230th Street;Bellerose Manor;NY;11427-2105;USA LABEL;HOME;ENCODING=3DQUOTED-PRINTABLE:80-41 230th = Street=3D0D=3D0ABellerose Manor, NY 11427-2105=3D0D=3D0AUSA URL:http://www.geocities.com/wallstreet/5791 EMAIL;PREF;INTERNET:netimken@erols.com REV:19980403T115456Z END:VCARD - ------=_NextPart_000_0020_01BD5ECD.697C43A0-- - - ------------------------------ Date: Fri, 3 Apr 1998 05:33:13 -0800 From: "Patrick Wahl" Subject: [CANSLIM] Bonds Employment number is just out, bonds are going beserk, up that is, which means yields down, good for the stock market, as if it needs any help. Should be a strong open. - - ------------------------------ Date: Fri, 03 Apr 1998 09:03:06 -0500 From: Peter Newell Subject: Re: [CANSLIM] Selling per O'Neil? I may be doing something wrong or it may be a long bull market but if I followed this advice I'd be broke. I sell when I see distribution in the stock preferably breaking the 20dma, note: careful with this Dell broke the 20 dma for one day and made a heck of a run, may need to run that scenario on my computer. Of course DELL broke all the rules and still is. If I handled selling all my stocks like I would for DELL I'd be broke too. I bought dell at 23 and sold for 40 in Aug last year. I would probably follow this more coming out of a recession but my post analysis of this is still saying stocks going up go up. They don't sit and hang out with a +20% gain for long before coming down. Peter Newell - ---------- > From: Joe Scott > To: CANSLIM > Subject: [CANSLIM] Selling per O'Neil? > Date: Thursday, April 02, 1998 10:15 PM > Selling is the tuffest for me, do I understand O'Neil in that a stock should be held for 8 weeks, if its not a (sell for a max of 7.5% loss candidate) but if it makes a gain of 20% or more in those 8 weeks or less, it should be held for a minimum of 8 weeks then decide to keep or sell? and should we sell after 8 weeks if no gains are seen and move on to another? don't know a thing joe - - ------------------------------ Date: Fri, 3 Apr 1998 06:21:46 -0800 From: "Ken Davidson" Subject: [CANSLIM] Unemployment -4.7% -36,000 jobs created 4/3/98 9:20 est. Sorry Patrick. Globex futures only closed up +2.30 points at 9:15 est so the open will be up but not as strong as you would expect. We should still see Dow 9000 today though! Before the release of the number globex futures were already up +2.50 points. Quite interesting actually! We have good news that looks like the economy is slowing so there is little inflation and futures are barely up. Topping action....maybe! The old adage seems to still be alive, rally on the rumor, sell on the fact. Bonds are still up 1 & 3/32nds but they were up 3/4 of a point before the number was released because of the Moody's downgrade on Japan. Ken The information contained in this commentary is based upon data that is believed to be accurate, but is not guaranteed, and subject to change without notice. All projections, forecasts, opinions, and track records cannot be guaranteed to equal our past performance. Persons reading this are responsible for their actions. Employment number is just out, bonds are going beserk, up that is, which means yields down, good for the stock market, as if it needs any help. Should be a strong open. - - - - ------------------------------ Date: Fri, 3 Apr 1998 09:33:42 -0500 From: "Antista, Anthony" Subject: [CANSLIM] UBIX bid/ask Tom, thank you very much for your in depth explanation of bid/ask. I was enlightened by it. Also, I hope Surindra was being sarcastic as I would prefer that you not leave this list. You provide us with great information and insight. thanks again, Tony - - ------------------------------ Date: Fri, 3 Apr 1998 09:36:05 -0500 From: "Antista, Anthony" Subject: [CANSLIM] CHTT MF Connie, thanks for your insight. I will be holding on to this one as long as it goes up. One additional question, what exactly is SAR? and what is it's importance? thanks again, Tony - - ------------------------------ Date: Fri, 3 Apr 1998 06:42:16 -0800 From: "Patrick Wahl" Subject: Re: [CANSLIM] Unemployment -4.7% -36,000 jobs created > From: "Ken Davidson" > To: > Sorry Patrick. Globex futures only closed up +2.30 points at 9:15 est so the > open will be up but not as strong as you would expect. We should still see > Dow 9000 today though! Before the release of the number globex futures were Yes, I think I posted that right at the peak of that reaction to the Employment number. I keep thinking the market needs a rest, after all, it can't go up 10% a quarter every quarter, so maybe we are getting near that point. Even bonds are not holding onto all of their early gains. - - ------------------------------ Date: Fri, 03 Apr 1998 06:50:49 -0700 From: Tim Fisher Subject: Re: [CANSLIM] Selling per O'Neil? At 09:03 AM 4/3/98 -0500, you wrote: >I may be doing something wrong or it may be a long bull market but if I >followed this advice I'd be broke. I sell when I see distribution in the >stock preferably breaking the 20dma, note: careful with this Dell broke the >20 dma for one day and made a heck of a run, may need to run that scenario >on my computer. Of course DELL broke all the rules and still is. If I >handled selling all my stocks like I would for DELL I'd be broke too. I >bought dell at 23 and sold for 40 in Aug last year. > >I would probably follow this more coming out of a recession but my post >analysis of this is still saying stocks going up go up. They don't sit and >hang out with a +20% gain for long before coming down. > I bot and sold DELL twice, and doubled my money twice. Dell really doesn't break that many rules, but then again none of my stops are as high as the 20 DMA. If I had to guess I'd say that 75% of my 50%+ gainers broke the 20 DMA somewhere along the way. IMHO the rules in HTMMIS are artificial and you need to establish your own set of rules for selling. I'm stupid so I just let the stock trip my stop, which of course I adjust on a weekly basis. Tim Fisher, 1995 President, Pacific Fishery Biologists Ore-ROCK-On Rockhounding Web Site PFB Information tfish@spiritone.com WWW http://www.spiritone.com/~tfish -- See naked fish and rocks! - - ------------------------------ Date: Fri, 03 Apr 1998 08:00:04 -0700 From: jeff@scrooge.csd.sdl.usu.edu (Jeff Salisbury) Subject: [CANSLIM] Accessing the discussion canslim archives... >From time to time, CANSLIM members may wish to browse the discussion archives. This posting provides instructions on how to access the archives. Thanks to David Cameron for compiling the essentials of this message. Here are the two ways to access the archives: 1. (BEST way) via your web browser at: ftp://ftp.xmission.com/pub/lists/canslim/ Click on either "archive" or "latest" and browse away. 2. (Not as convenient) via email: Send an email to majordomo@xmission.com with the following as the body of your message: "index canslim". Then send a follow up email to request an old email from either the "archive" or "latest" directory. Note that your request must be in the body of your email. For example: "get canslim latest/001" will retrieve file "001" from the "latest" directory. "get canslim archive/v01.n066" will retrieve file "v01.n066" from the "archive" dir. Best Regards, Jeff Salisbury - CANSLIM list owner/admin - - ------------------------------ Date: Fri, 3 Apr 1998 10:06:44 EST From: JANSI1AUG1 Subject: [CANSLIM] Tom and Surindra Tom: I sympathize with you; I imagine it's not the "firing" per se, it's the reason given that grates. I'm about your age, Tom, and I know what this means. It's fortunate for you that investing provides you with another route to make income. May you prosper, and may your enemies decline in vigor! Also, Tom, if you have the inclination, would you explain more fully how the MM or BD benefits from the spread-and, perhaps, what exactly he does when he has to borrow the stock. I get confused on how exactly he makes money. Is it that he is able to buy at the bid and sell at the ask (the opposite of what investors using market orders must do)? Surindra- Regarding the post you made in Tom's name: I can't believe you wrote what you wrote. I thought, "How can anybody be so insensitive and thick"? Then I thought it was a private joke between Tom and you. But after reading Tom's post, I realized it was no laughing matter. It would be a shame if Tom stops posting because of what you wrote; you should be ashamed of yourself. Tom provides a lot of timely information to us all, and this group would be much worse off-in my opinion-if Tom decides to belong to this group no longer. If you're not a complete dunderhead you ought to apologize to Tom for your moronic attempt at humor! jans - - ------------------------------ End of canslim-digest V2 #175 ***************************** 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.