From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #179 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 Monday, April 6 1998 Volume 02 : Number 179 In this issue: [CANSLIM] 'Net Sites Re: [CANSLIM] Range Expansion [CANSLIM] World Markets Re: [CANSLIM] aace ace cash express added to canslim picks! [CANSLIM] Market Direction [CANSLIM] FW: DJIA range Re: [CANSLIM] Market Direction Re: [CANSLIM] FW: DJIA range Re: [CANSLIM] aace ace cash express added to canslim picks! Re: [CANSLIM] aace ace cash express added to canslim picks! Re: [CANSLIM] FW: DJIA range ---------------------------------------------------------------------- Date: Sun, 5 Apr 1998 21:13:03 -0500 From: jmsmith@juno.com Subject: [CANSLIM] 'Net Sites Re: Tom's request for net sites. I concur with DSquires net listing, especially the Dailystocks.com. Another of my favorites is http://www.infobeat.com they were formerly mercury mail, and offer a wide variety of daily emails (Closing Bell is my favorite) to fit any budget (i.e. FREE). I much prefer email sent to me telling me the value of my stocks each day rather than searching the web to find my quotes (unless I'm in the active trading mode!) This is a site that is worthy of your inspection, IMO. Thanks to all who make this list great! Jay _____________________________________________________________________ You don't need to buy Internet access to use free Internet e-mail. Get completely free e-mail from Juno at http://www.juno.com Or call Juno at (800) 654-JUNO [654-5866] - - ------------------------------ Date: Sun, 05 Apr 1998 20:49:46 -0700 From: Dan Sutton Subject: Re: [CANSLIM] Range Expansion Paul Gilberti wrote: > > Hi, > > I just joined this list and am new to CANSLIM investing. I've been > reading and cramming over the past few months and like using fundamentals to > screen, followed by technical charting. > > Lately I've been reviewing a number of software products. Anyone have any > strong > recommendations for end of day trading screening/charting software, as well > as data services ? > Any and all opinions will be read and considered..... > Tradestation > SuperCharts 4 > Windows on WallStreet > MetaStock > Dial Data > I'm also a Visual Basic programmer and have been designing software > to process and graph stock data, so I've been using this method to > understand the technical/math side of charting. Paul, Almost every piece of software has it's own distinct advantages. You need to determine exactly what you want from the program before you start comparing. I use TC2000 for nightly downloads of stock prices for securities that I have determined are on my watch list. Quotes for 60 stocks cost about 30 cents per day. You can't do a screen of all stocks with TC2000, unless you have already purchased at least a year's history on each stock. One years history is 39 cents per stock. TC2000 costs $29 for the software. After downloading the prices I have Supercharts scan them for any purchase criteria or customized systems I want to test for. Supercharts is an outstanding tool and has many features which can be customized. Software cost for Supercharts is about $299 I think. I have an older version so not sure what the curent price is. For a stock to be put on my watch list, it has to pass several tests or meet certain fundamental criteria. TC200 can not search for fundamental, neither can my version of Supercharts...so I use TELESCAN for finding potential candidates. TELECAN is expensive but probably the strongest, most customizable search tool available. Software cost is about $200 but they have special deals throughout the year. There are something like 200 separate criteria you can screen for (up to 40 per defined screen). This costs about $30 per month for 1 hour of online time. Additional hours are $9.95 per , and there are also different access plans available that can include mutual funds and options. Supercharts will also download directly from TELESCAN and you can then utilize some fundamental data in Supercharts as well. I run nightly screens for Stocks paying high historical dividends, one for CANSLIM criteria, one for high growth stocks, one for stocks within a 6% band of all moving averages, and a couple other test scans. I also use MS ACCESS to plug selected nightly TELESCAN downloads into, when a stock starts to exhibit movement over a period of time, I will download a couple of years history in TC2000, then run some tests on it with Supercharts.I also like to plug the nightly scans into EXCEL and run a couple of formulas on all the stocks to see how they grade out. I know all this sounds clunky and disjointed, but I can get tremendous information and analysis on the whole market, as well as my watch list within 30 minutes of walking in the door. - - ------------------------------ Date: Mon, 6 Apr 1998 08:10:32 -0400 From: "Tom Worley" Subject: [CANSLIM] World Markets Futures, Asia and Europe are suggesting an interesting market in the US today. S&P500 futures up nearly half a percent while NASDAQ100 is flat, both were essentially flat last night. This suggests to me the techs won't have a strong day. Most of Asia lost ground overnight, but Japan had an interesting reversal from down over 1% to finish up a plus 1.2%. May just be bottom fishing, may be a bounce, may have been some news I missed, but still a solid reversal. Meanwhile, Europe appears to be chugging forward pretty much across the board. My comments are strictly my own opinion, and should not be considered as a buy/sell/hold recommendation. I am a former broker and an active investor. Tom W - - ------------------------------ Date: Mon, 6 Apr 1998 08:17:19 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] aace ace cash express added to canslim picks! Per DG Online, it's coming up against a tough year to year comparison. For Q3 ending 3/31 last year, it did 26 cents on $26.2 million revenues. It's latest qtr ending 12/31/97 it only did 8 cents on $23.1 million revenues. Chartwise, looks like it needs to base for several weeks before becoming a buy. Otherwise, the CS elements are all there except "N". I personally am not a fan of stocks with RS in the 80s, there are too many in the 90s available. This low a nr takes this stock well out of the top five in its group. My comments are strictly my own opinion, and should not be considered as a buy/sell/hold recommendation. I am a former broker and an active investor. Tom W - -----Original Message----- From: hoseco7@concentric.net To: canslim@lists.xmission.com Date: Sunday, April 05, 1998 11:43 AM Subject: [CANSLIM] aace ace cash express added to canslim picks! >I just saw where aace was added to the list. >any thoughts on this one >I am already in . >-----Original Message----- >From: hoseco7@concentric.net >To: canslim@lists.xmission.com >Date: Sunday, April 05, 1998 5:48 AM >Subject: [CANSLIM] newbie questions rwave mini > > >> >>thanks for the answers I got in on mini last week at 10 1/4 >>and I am gonna pass on rwave >> >>also thanks for the corrections on the terminolgy I used >>I am still learning >> >>by the way any thoughts on bunz >>I have tried to use the canslim formula on it but I am not sure I did it >>right >> >> thanks david >> >> >>- >> >> > > >- > - - ------------------------------ Date: Mon, 06 Apr 1998 15:29:30 -0400 From: Jeffry White Subject: [CANSLIM] Market Direction Well, back from the beach, but with a pair of shorts ripped up around my neck. Distribution day in the Nasdaq on Thursday last, and sentiment hit 52 week numbers on the same day. Bears hit a 5 year low, I notice. Sorry to hear about your employment situation, Tom. Sure you'll land on your feet. Regards. - - ------------------------------ Date: Mon, 6 Apr 1998 11:34:42 -0700 From: Mike Lucero Subject: [CANSLIM] FW: DJIA range FYI - -----Original Message----- From: Customer Service [SMTP:custserv@dailygraphs.com] Sent: Monday, April 06, 1998 10:31 AM To: 'mikelu@iname.com' Subject: RE: DJIA range Our program could not respond to Dow over 9000. This problem will be fixed. We apologize for the inconvenience. Thank you, Daily Graphs Online - -----Original Message----- From: Mike Lucero [SMTP:mikelu@foxinternet.net] Sent: Monday, April 06, 1998 1:02 AM To: 'custserv@dailygraphs.com' Subject: DJIA range DGO shows the range for Friday 4/3/98 for the DJIA to be about 8900-9100, while Quote.Com and Bigcharts.com shows it to be about 8950-9025. Can you explain why the discrepancy and which is more accurate. Thanks, Mike Lucero - - ------------------------------ Date: Mon, 6 Apr 1998 16:02:31 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] Market Direction Thanks Jeffry. Tom W - -----Original Message----- From: Jeffry White To: canslim@mail.xmission.com Date: Monday, April 06, 1998 3:33 PM Subject: [CANSLIM] Market Direction > >Sorry to hear about your employment situation, Tom. Sure you'll land on >your feet. > >Regards. > >- > - - ------------------------------ Date: Mon, 06 Apr 1998 13:22:23 -0700 From: Tim Fisher Subject: Re: [CANSLIM] FW: DJIA range I guess this just begs the question: does anyone have any "Dow 10000" companies (ala "Year 2000") with good CANSLIM characteristics?

You wrote:
>FYI
>
>-----Original Message-----
>From: Customer Service [SMTP:custserv@dailygraphs.com]
>Sent: Monday, April 06, 1998 10:31 AM
>To: 'mikelu@iname.com'
>Subject: RE: DJIA range
>
>Our program could not respond to Dow over 9000. This problem will be fixed.=A0 We apologize for the inconvenience.
>
>Thank you,
>Daily Graphs Online
>
>-----Original Message-----
>From: Mike Lucero [SMTP:mikelu@foxinternet.net]
>Sent: Monday, April 06, 1998 1:02 AM
>To: 'custserv@dailygraphs.com'
>Subject: DJIA range
>
>DGO shows the range for Friday 4/3/98 for the DJIA to be about 8900-9100,
>while Quote.Com and Bigcharts.com shows it to be about 8950-9025. Can you
>explain why the discrepancy and which is more accurate.
>
>Thanks,
>
>Mike Lucero
>
Tim Fisher / tfish@spiritone.com
Ore-Rock-On and Pacific Fishery Biologists WWW Sites:
See naked fish and rocks! - - ------------------------------ Date: Mon, 06 Apr 1998 12:24:23 -0400 From: Ari Lawson Subject: Re: [CANSLIM] aace ace cash express added to canslim picks! How are you Tom? I have a queston.Don't you need to campare any given "Q" with the same "Q" as last year? THANKS - - ------------------------------ Date: Mon, 06 Apr 1998 12:24:23 -0400 From: Ari Lawson Subject: Re: [CANSLIM] aace ace cash express added to canslim picks! How are you Tom? I have a queston.Don't you need to campare any given "Q" with the same "Q" as last year? THANKS - - ------------------------------ Date: Mon, 06 Apr 1998 18:51:56 -0700 From: Tim Fisher Subject: Re: [CANSLIM] FW: DJIA range Sorry about the HTML. Got a new Email program at work and I didn't realize it was sending this crap. Here it is in English! I guess this just begs the question: does anyone have any "Dow 10000" companies (ala "Year 2000") with good CANSLIM characteristics? 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! - - ------------------------------ End of canslim-digest V2 #179 ***************************** 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.