From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #197 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 Sunday, April 19 1998 Volume 02 : Number 197 In this issue: [CANSLIM] Nice Charts Re: [CANSLIM] NEWBIE question follows... base pattern <> 80+RS ???? Re: [CANSLIM] NEWBIE question follows... base pattern <> 80+RS ???? Re: [CANSLIM] NEWBIE question follows... base pattern <> 80+RS ???? RE: [CANSLIM] BELF Re: [CANSLIM] Nice Charts Re: [CANSLIM] Timeliness Interpretation [CANSLIM] canslim, new [CANSLIM] PAYX[OBV/MF] [CANSLIM] institutionnal ownership [CANSLIM] Day trading: Another World Re: [CANSLIM] Day trading: Another World [CANSLIM] DY [CANSLIM] BNYN anymore opinions?? Re: [CANSLIM] BNYN anymore opinions?? [CANSLIM] LSON [CANSLIM] AACE Article in IBD on ACE Cash Exp Re: [CANSLIM] Resource I found [CANSLIM] Weekend Sift RE: [CANSLIM] institutional ownership [CANSLIM] Has anyone else has the same problem with DG Online? Re: [CANSLIM] Has anyone else has the same problem with DG Online? [CANSLIM] ETT: Complex MF Re: [CANSLIM] PAYX[OBV/MF] Re: [CANSLIM] Weekend Sift ---------------------------------------------------------------------- Date: Sun, 19 Apr 1998 08:00:17 -0700 From: Tim Fisher Subject: [CANSLIM] Nice Charts Looking at some charts this morning, these 3 stood out: PAYX, LGTO, NYT. I don't see an entry point in LGTO, it doesn't like to pause for long, except the obvious breakout from practically no base a couple weeks back. I'm in PAYX and I think it's going to be my new darling. NYT may offer an entry point soon, but it too doesn't like to pause for long or break out. Wish I had said the hell with it and bought it without a breakout when I started tracking it 3 months ago. 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: Sun, 19 Apr 1998 08:25:43 -0700 From: Tim Fisher Subject: Re: [CANSLIM] NEWBIE question follows... base pattern <> 80+RS ???? Well, you are looking for the wrong thing, IMHO. I don't like price going up with volume drying out. This increases the chance of a failed breakout. If I was into shorting I might even look for the biggest price increase with the smallest volume relative to ADV to screen for shorting candidates! At 10:57 AM 4/19/98 -0500, you wrote: >Sorry - I did not make myself clear. I am looking for a sample cup and >handle formation where the price in the handle is going UP while the volume >is shrinking. > >I am aware of many stocks that go up in price while the volume is going >down. BigCharts home page has the capability to display the largest % >losses in volume with the commensurate price changes. Incredibly, the 100 >issues parsed for last Friday's close, all of them show price increases >while volume was down. I will display some of them to see if I can find a >cup and handle formation. Thanks for your patience. > >Bill-->> >------------- > > >At 7:51 PM -0700 4/18/98, Tim Fisher wrote: >>I did not say that SFSK had a cup. You asked about volume dry-out in the >>handle area and I pointed out examples of bases forming with volume dry-up >>and trading range shrinkage. IMHO, none of the stocks I mentioned have >>formed a cup yet, let alone a handle. >> >>At 09:39 PM 4/18/98 -0500, you wrote: >>>Tim - when you look at a chart, what price do you use? Is it the closing >>>price or the median/average for the day? When I look at the closing prices >>>for SFSK, I don't see a cup being formed. Maybe the BC display differs from >>>DG. Price has gone down since 4/3/98 from a closing high of approx. 43 to >>>35 on 4/17. Volume has indeed dryed up from an ADV 600K to 164K on Friday. >>> >>>On the others, I do see a cup of sorts and will track them to see what they >>>do next week. >>> >>>Thanks for the help, >>> >>>Bill-->> >>>------------------------------------------ >>> >>>At 5:22 PM -0700 4/18/98, Tim Fisher wrote: >>>>Not CANSLIM but McDonald's entered a volume dry-up going sideways pattern >>>>last week. SFSK is CANSLIM and is doing the same, RXSD as well, although >>>>it's previous base looks better from a volume standpoint. CXP is an >>>>excellent example of where volume totally dies during a base. I also like to >>>>see the daily trading range shrivel up to nothing, ala MCD and CXP. >>>> >>>>At 01:39 PM 4/18/98 -0500, you wrote: >>>>>Thanks - I guess I need to look up the definition of 'handle.' This would >>>>>infer that the price is going up while volume is going down. Do you have >>>>>any recent examples of this phenomenon? Need to see it to really understand >>>>>the concept. >>>>> >>>>>Bill-->> >> >>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! >> >> >>- > > > > >- > > > 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: Sun, 19 Apr 1998 11:49:58 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] NEWBIE question follows... base pattern <> 80+RS ???? Bill, If you are looking for stocks that have formed a cup and handle, but are still basing, then you want declining volume with little if any change in price. Remember that a c&h is only one (and probably the rarest) of chart formations to look for. If the stock has already formed the handle, and price is now going up, you don't want to jump on it unless the volume is up as well (at least 1.5X ADV). Personally, I would not buy off a handle when the price was increasing and volume decreasing. I would read this as a likely breakout failure waiting to happen. Tom W - -----Original Message----- From: Bill To: canslim@lists.xmission.com Date: Sunday, April 19, 1998 11:17 AM Subject: Re: [CANSLIM] NEWBIE question follows... base pattern <> 80+RS ???? >Sorry - I did not make myself clear. I am looking for a sample cup and >handle formation where the price in the handle is going UP while the volume >is shrinking. > >I am aware of many stocks that go up in price while the volume is going >down. BigCharts home page has the capability to display the largest % >losses in volume with the commensurate price changes. Incredibly, the 100 >issues parsed for last Friday's close, all of them show price increases >while volume was down. I will display some of them to see if I can find a >cup and handle formation. Thanks for your patience. > >Bill-->> >------------- - - ------------------------------ Date: Sun, 19 Apr 1998 11:53:11 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] NEWBIE question follows... base pattern <> 80+RS ???? I'll go a step further, Tim. From my experience, increasing price with decreasing volume, esp at or near highs, can often be a signal of the shorts covering in panic. But if new "long" buying doesn't also kick in, then as soon as they finish covering with their buying, the stock will quickly reverse and usually go even lower than when they started covering. Thus I agree with you, this can often signal a place for new shorting. Tom W - -----Original Message----- From: Tim Fisher To: canslim@lists.xmission.com Date: Sunday, April 19, 1998 11:24 AM Subject: Re: [CANSLIM] NEWBIE question follows... base pattern <> 80+RS ???? >Well, you are looking for the wrong thing, IMHO. I don't like price going up >with volume drying out. This increases the chance of a failed breakout. If I >was into shorting I might even look for the biggest price increase with the >smallest volume relative to ADV to screen for shorting candidates! > - - ------------------------------ Date: Sun, 19 Apr 1998 11:56:57 -0400 From: "Frank V. Wolynski" Subject: RE: [CANSLIM] BELF I couldn't agree more! ADSL has been promised and forcast for almost 2 years. ISDN is too costly and very regulated. Time Warner is installing cable modem technology quicker than Cendant can plow the earth to plant those weeds in a corn field! I believe the first forcast I can remember came from Paradyne Corp with a news release almost 1 1/2 years ago. It was going to revolutionize the online world! Good bye modems! So far, my USR 56k and Hayes are saved from being junked! Frank Wolynski At 07:09 4/19/98 -0700, Tim Fisher wrote: >>From the viewpoint of a computerhead who follows the hype about ISDN, ADSL, >etc. regularly, I would take anyone's projections of ADSL use in this >country and throw them right into the shredder. ADSL has an installed base >of almost ZERO users at the current time, ISDN has a few tens of thousands, >and 56k modems number in the hundreds of thousands. Plus, cable modem >services are spring up like weeds in a cornfield in the past few months. If >I had to pick one technology that was dead before it left the nest, I'd pick >ADSL. IMHO. > >At 01:04 PM 4/19/98 +0200, you wrote: >>Hi John, >> >>interesting list and a couple weeks ago I stumbled on this piece of news >>from investools on belf... >> >>Undervalued 3Com Supplier Set To Shine In 1999 (BELF) >>Friday, March 27, 1998 >> >>"Bel-Fuse's (BELF) opportunity to see significant demand >>from its ADSL (Asymmetric Digital Subscriber Line) products >>is tremendous," Jonathan Steinberg says about the electronic >>components supplier. "Jupiter Communications, a research >>company, forecasts that ADSL technology will provide fast- >>access Internet services to 3.4 million homes by 2002. This >>means that 1999 could be an excellent year for Bel-Fuse as >>it ramps up production of ADSL products. The tail end of >>1998 could be significant as well." >> >>But the real story remains Bel-Fuse's valuation. As >>Steinberg noted in his March issue, when he first >>recommended the stock: "not many technology companies grow >>at 15% to 20% a year and trade at seven times 1997 EBITDA >>(Earnings Before Interest Taxes Depreciation Amortization, >>otherwise known as cash flow). The company also trades at >>1.15 times its 1997 sales, 13 times its 1997 earnings and >>11.6 times (the newsletter's) very conservative estimate for >>fiscal 1998 of $2.00 per share." >> >>In his April issue, Steinberg reiterates his buy >>recommendation with a price target of $30 per share, or 15 >>times its fiscal 1998 estimate. >> >>For more on Jonathan Steinberg's recommendation see >>"Bel-Fuse," April 1998, Individual Investor's Special >>Situations Report. Jonathan Steinberg provides one >>undervalued stock per month poised for substantial growth >>and profit. >> >>bye, >>Alexander Herrmann eMail: alex@who.net >> >>> -----Original Message----- >>> From: John Nogueira (mssm2000) >>> To: canslim@lists.xmission.com >>> Date: Friday, April 17, 1998 12:54 AM >>> Subject: [CANSLIM] My watch list >>> >>> >>> >Only the following factors were considered in making this CANSLIM >>> watch >>> >list: >>> > >>> >EPS, RS, Chart, Shares >>> > >>> >Symbol EPS RS Chart Avg. Vol. Pivot? >>> >------ --- -- ----- --------- ------ >>> >mtxc 96 97 Tight Base 24,700 $28 >>> >astx 99 86 Base (cup w/handle?) 110,600 $17 >>> >belf 97 93 Short Base 40,700 $27 1/2 >>> >nsit 97 87 Long Base 49,700 $43 >>> >fdpc 96 86 Short Base 17,000 $13 7/8 >>> >grdg 95 93 Short Base 135,200 $22 1/2 >>> > >>> >Should any breakouts occur, please do your homework before >>> purchasing. >>> >Also note that my readings of the pivot points may differ from yours. >> >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: Sun, 19 Apr 1998 10:57:36 -0500 From: "Joe Scott" Subject: Re: [CANSLIM] Nice Charts This is a multi-part message in MIME format. - ------=_NextPart_000_0012_01BD6B81.F6A67820 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Bought LGTO 3-13-97 at 52.00. It split Friday, Mondays price will be = 34.00. Its sure been talked about lately, and seems to look pretty = solid, might get in on one of its pullbacks. I'm interested to see how = it acts after split. don't know a thing joe joe@2fords.net http://www.2fords.net/joe/ - ------=_NextPart_000_0012_01BD6B81.F6A67820 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Bought LGTO 3-13-97 at 52.00. It split = Friday, Mondays=20 price will be 34.00. Its sure been talked about lately, and seems to = look pretty=20 solid, might get in on one of its pullbacks. I'm interested to see how = it acts=20 after split.
 
don't know a thing
joe
 
joe@2fords.net
http://www.2fords.net/joe/<= /DIV> - ------=_NextPart_000_0012_01BD6B81.F6A67820-- - - ------------------------------ Date: Sun, 19 Apr 1998 11:20:30 -0500 From: Dave Cameron Subject: Re: [CANSLIM] Timeliness Interpretation DCSquires wrote: > > Ian Woodward of Telescan covers this "indicator" in depth on AOL's telescan > board. Anyone with access to AOL should read Ian's corner regularly. This > indicator is seems to be worth following. > I am not on AOL, but agree that Ian is definitely worth reading. I'd recommend anyone that has a little bit of time, to do a search on "Ian Woodward" and see what you find! Dave Cameron - - ------------------------------ Date: Sun, 19 Apr 1998 12:26:15 -0400 From: Paul Cote Subject: [CANSLIM] canslim, new I am new to stocks and canslim and would like to know how people use the featured graphs "stocks in the news" that are in the ibd. I pulled out an old ibd from two weeks ago. I checked the stocks in BigCharts and found that most had pulled back. Do you wait for this pullback to buy? I think just buying all these stocks and using a 7% stop would leave you with a bunch of losers. What do you all think? OK, so how do you go about picking canslim stocks? Also, what is the average holding period for a canslim stock? Any help would be greatly appreciated. Paul Cote - - ------------------------------ Date: Sun, 19 Apr 1998 13:01:50 -0400 From: Connie Mack Rea Subject: [CANSLIM] PAYX[OBV/MF] Members-- PAYX was mentioned today as a promising Canslim stock. Whether you follow comment on OBV/MF indicators or not, you might, just as a point of concern, note that MF has been in negative divergence for at least three months. Such a long negative divergence is always a marker to carefully watch the next correction no matter how normal it may appear. The EMA is giving its first sell signal in over two months. - - ------------------------------ Date: Sun, 19 Apr 1998 13:03:36 -0500 From: Joan Sherman Subject: [CANSLIM] institutionnal ownership Does anyone have a web site that indicates institutional ownership for listed stocks? TIA Joan Sherman, /\~~~/\ /\~~~/\ /\~/\ /\~/\ ** ** ** ** Help Support Animal Rescue - - ------------------------------ Date: Sun, 19 Apr 1998 14:00:32 -0400 From: Connie Mack Rea Subject: [CANSLIM] Day trading: Another World Members-- I have mentioned several times that "pure" day trading is another world. To take a glimpse into that world, you can pull up hppt://pristine.com/aeduc/mktmkr. Then take a deep breath and hold on to your socks, for the ride can be over before you exhale. Connie Mack - - ------------------------------ Date: Sun, 19 Apr 1998 11:09:48 -0700 From: Tim Fisher Subject: Re: [CANSLIM] Day trading: Another World Or alternately, you can take a deep breath, bend over, and hold onto your ankles. P.S. In no way did I recommend getting into PAYX. I just like its chart. I tightened my stop on it today since I see the same thing you see with regards to the EMA. Note however that it's immediate past behavior is to get close to but not touch the 50d EMA before ticking back up... Sorry, couldn't resist the barb ;) At 02:00 PM 4/19/98 -0400, you wrote: >Members-- > >I have mentioned several times that "pure" day trading is another >world. To take a glimpse into that world, you can pull up >hppt://pristine.com/aeduc/mktmkr. > >Then take a deep breath and hold on to your socks, for the ride can be >over before you exhale. > >Connie Mack > 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: Sun, 19 Apr 1998 13:27:28 -0500 From: "Joe Scott" Subject: [CANSLIM] DY This is a multi-part message in MIME format. - ------=_NextPart_000_0046_01BD6B96.E6577680 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Any thoughts on DY, ESP rank a little low, but I sure like the look of = the chart, nice break out now to about 29.00 on huge volume. wadda ya's think? don't know a thing joe joe@2fords.net http://www.2fords.net/joe/ - ------=_NextPart_000_0046_01BD6B96.E6577680 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Any thoughts on DY, ESP rank a little low, = but I sure=20 like the look of the chart, nice break out now to about 29.00 on huge=20 volume.
wadda ya's think?
 
don't know a thing
joe
 
joe@2fords.net
http://www.2fords.net/joe/<= /DIV>
 
- ------=_NextPart_000_0046_01BD6B96.E6577680-- - - ------------------------------ Date: Sun, 19 Apr 1998 14:46:35 -0700 From: Subject: [CANSLIM] BNYN anymore opinions?? This is a multi-part message in MIME format. - ------=_NextPart_000_0051_01BD6BA1.F3C4A760 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable I have this one on my watch list after Tom mentioned it the other day noticed the news they signed some deal with LYCOS and the stock was = up about 11 % on Friday - ------=_NextPart_000_0051_01BD6BA1.F3C4A760 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
 
I  have this one on my = watch list after=20 Tom mentioned it the other day
noticed the news they signed = some deal with=20 LYCOS and the stock was up about 11 % on Friday
- ------=_NextPart_000_0051_01BD6BA1.F3C4A760-- - - ------------------------------ Date: Sun, 19 Apr 1998 13:55:29 -0500 From: "Joe Scott" Subject: Re: [CANSLIM] BNYN anymore opinions?? This is a multi-part message in MIME format. - ------=_NextPart_000_0065_01BD6B9A.CFD636E0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable yeah, ya missed the boat, it took off and ya didn't get in. every time I chase them, I get in trouble. you have to ready, watching, and get in before they move=20 63% in 4 days. don't know a thing joe joe@2fords.net http://www.2fords.net/joe/ - ------=_NextPart_000_0065_01BD6B9A.CFD636E0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
yeah, ya missed the boat, it took off and ya = didn't get=20 in.
every time I chase them,  I get in=20 trouble.
you have to ready, watching, and get in = before they=20 move
63% in 4 days.
 
don't know a thing
joe
 
joe@2fords.net
http://www.2fords.net/joe/<= /DIV> - ------=_NextPart_000_0065_01BD6B9A.CFD636E0-- - - ------------------------------ Date: Sun, 19 Apr 1998 11:58:28 -0800 From: "Patrick Wahl" Subject: [CANSLIM] LSON Lason (LSON) is forming a short base/flag sort of thing. Group RS is 98, might be good for a short term trade. Earnings due on 4/22. - - ------------------------------ Date: Sun, 19 Apr 1998 15:09:09 -0700 From: Subject: [CANSLIM] AACE Article in IBD on ACE Cash Exp This is a multi-part message in MIME format. - ------=_NextPart_000_0011_01BD6BA5.1A4EF540 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable For members that read IBD check out page A-4 . It has a great article in the NEW AMERICA section on Ace Cash = Express.=20 =20 - ------=_NextPart_000_0011_01BD6BA5.1A4EF540 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
 
For members that read IBD check = out page A-4=20 .
It has a great article in the = NEW AMERICA=20 section on Ace Cash Express.
 
- ------=_NextPart_000_0011_01BD6BA5.1A4EF540-- - - ------------------------------ Date: Sun, 19 Apr 1998 12:13:58 PDT From: "Charles Morgan" Subject: Re: [CANSLIM] Resource I found Tom, I agree with you that SI's fee is obscene, especially since they don't cover as many stocks as Yahoo's message board. If anyone is interested about what talking up a stock looks like, check CTAL on Yahoo's message board. I work for CTAL as a contractor, so I find what is written on the message board funny at times, if not inaccurate. Chuck >From: "Tom Worley" >To: "CANSLIM" >Subject: [CANSLIM] Resource I found >Date: Sun, 19 Apr 1998 10:04:37 -0400 >Reply-To: canslim@lists.xmission.com > >Members, >In trying to account for the big move in a non-CANSLIM stock I own >(MSON) on Friday (was up as much as 30%, closed up over 20% on heavy >volume) I discovered a resource that can sometimes help (or further >confuse). At http://quote.yahoo.com, you can enter a stock symbol, >then change the "type" from Basic to Detailed. When the quote comes >up, you can click on the "Msgs" just above the quotation box, and go >to a bulletin board at Yahoo for that stock. Didn't realize they have >so many, tried about 4 or 5 stocks and there was one for each. > >Needless to say, this is not CANSLIM, and probably not even good due >diligence, but since I refuse to pay Silicon Investor's obscene fee, >at least it gives me a chance to see what others are speculating about >a stock. It could also prove to be a way of avoiding a stock that is >being "talked" up. I intend to try and use it prior to any fresh buy >as one further check on my judgement. > >Tom W > > > >- > > ______________________________________________________ Get Your Private, Free Email at http://www.hotmail.com - - ------------------------------ Date: Sun, 19 Apr 1998 14:16:26 -0500 From: "Joe Scott" Subject: [CANSLIM] Weekend Sift This is a multi-part message in MIME format. - ------=_NextPart_000_0071_01BD6B9D.BD821BA0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable For what its worth, what I'll be watching on Monday, depending on the = big M.. Sold INFM this week so I have room to add one. In order of how much I like its look, startin at top. WSTF, DY, QMRK, UNFI, KELL, ASTX, PK, BTF, CYLK, TNL, and just added = LSON, (nice chart). I am sure most were mentioned in this group one time or another.=20 I am watching about 75 at this time, but these are the only ones I would = consider buying on a breakout at this time. Remember, always interested in any feed back. don't know a thing joe joe@2fords.net http://www.2fords.net/joe/ - ------=_NextPart_000_0071_01BD6B9D.BD821BA0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
For what its worth, what I'll be watching on = Monday,=20 depending on the big M..
Sold INFM this week so I have room to = add=20 one.
 
In order of how much I like its look, startin = at=20 top.
WSTF, DY, QMRK, UNFI, KELL, ASTX, PK, BTF, CYLK, TNL, and just = added LSON,=20 (nice chart).
I am sure most were mentioned in this group one time or another. =
I am watching about 75 at this time, but these are the only ones I = would=20 consider buying on a breakout at this time.
Remember, always interested in any feed back.
 
don't know a thing
joe
 
joe@2fords.net
http://www.2fords.net/joe/<= /DIV>
 
- ------=_NextPart_000_0071_01BD6B9D.BD821BA0-- - - ------------------------------ Date: Sun, 19 Apr 1998 12:50:11 -0700 From: Lucy Barnett Subject: RE: [CANSLIM] institutional ownership http://www.wsrn.com/home/companyResearch.html When you enter a stock symbol a page will appear with links to many sources of information for the company you are researching. Look for the heading: "Research, Reports & Summaries" and click on "QuickSource: Description & Stats." At the bottom of this page you will find the % of shares held by institutions. This site has loads of info on stocks. Can't vouch for up-to-datedness (is that a word?) or accuracy. > -----Original Message----- > From: Joan Sherman [SMTP:joani@mindspring.com] > Sent: Sunday, April 19, 1998 11:04 AM > To: Canslim > Subject: [CANSLIM] institutionnal ownership > > Does anyone have a web site that indicates institutional ownership for > listed stocks? > TIA > > > Joan Sherman, /\~~~/\ /\~~~/\ /\~/\ /\~/\ > ** ** ** ** > Help Support Animal Rescue > > > > > > > > - - - ------------------------------ Date: Sun, 19 Apr 1998 21:53:21 +0200 From: Johan Van Houtven Subject: [CANSLIM] Has anyone else has the same problem with DG Online? I have send the following problem report to DG Online: === When I ALT-TAB between applications (Eudora 3.0.2 Light/Netscape 4.04 and Daily Graphs) sometimes (approx 1 in 3 times) all data disppears from the Daily Graphs window. In other words Daily Graphs looks like when you first start-up the program and coonect to the server. Then you type in a stock symbol for example. I Alt-TAB or switch between applications and when I get back to Daily Graphs all the text and chart data are gone. This is very annoying. I'm using the DG version from a few weeks ago. I have it on both computers I use. Any suggestions? Thank you. === Has anyone else here experienced anything similar with DG Online? Johan Van Houtven CLICK! N.V. / Wilrijk, Belgium - - ------------------------------ Date: Sun, 19 Apr 1998 14:55:17 -0500 From: "Joe Scott" Subject: Re: [CANSLIM] Has anyone else has the same problem with DG Online? This is a multi-part message in MIME format. - ------=_NextPart_000_008D_01BD6BA3.2A85E060 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Happens to me too, and then you have to refresh the screen to bring the chart up again. I change back and forth between windows 1/2 the size of my screen, and = it will take that 1/2 of the chart off the screen. Yes it is a problem, I agree. don't know a thing joe joe@2fords.net http://www.2fords.net/joe/ - ------=_NextPart_000_008D_01BD6BA3.2A85E060 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Happens to me too,
and then you have to refresh the screen to = bring the=20 chart up again.
I change back and forth between = windows 1/2 the=20 size of my screen, and it will take that 1/2 of the chart off the = screen.
Yes it is a problem, I agree.
 
don't know a thing
joe
 
joe@2fords.net
http://www.2fords.net/joe/<= /DIV>
 
 
- ------=_NextPart_000_008D_01BD6BA3.2A85E060-- - - ------------------------------ Date: Sun, 19 Apr 1998 16:22:56 -0400 From: Connie Mack Rea Subject: [CANSLIM] ETT: Complex MF Members-- The MoneyFlow chart for ETT is an example of positive divergence [PD] that may not be recognized with a glance. ETT is a stock banging around its 52-wk low; it obviously has a low beta, for its high/low is only a couple of points. The OBV is powerfully and positively divergent these last three months. The MF at first glance appears to be tracking price. It is, however, positively divergent. Pull up and print a 3-mos MF chart on BigCharts and draw these trend lines. Draw a vertical line [trend lines can be vertical] through the MF high at the end of January, the middle of February, first of March, and the middle of April and extend each up through the price in the upper screen. The first vertical should intersect price at about 18.7; the second at 19.25; the third at 18.3,; and the last at 17.5. Notice that the level of MF is the same for the second, third, and fourth vertical. Contrast where the price is at each intersection. It is this positive contrast that allows MF to be read as positive divergence; i.e., the second, third, and fourth MF vertical is at the same level [strength] but that the price at each intersection is lower. I've put off comment on the first vertical for this reason. The first trading days in February mark a rise in price, but the MF is in a near free fall of negative divergence. In this instance it does not take long for the negative divergence to manifest itself in the long decline that begins near the middle of February. A favorable reading of the MF for the last three weeks of trading can be read as a positive divergence. To see this, draw a trend line across the subdued tops of the MF; that line ought to have a slight upward bias against a flat to declining price. It is not yet time to buy. The 3/7/10 EMA is still at a third stage sell [the 3-line and 7-line through the 10-line]. Before entering a position, you might want to allow a bit of latitude to the EMA, say, to wait for it to reach a second level buy [3-line through the 10-line] or longer if the MACD and Stochastics don't confirm the buy. Always there is the inclination to get in early before the juice of the price rise has gone to others. This tardiness is inherent in the cup/handle/break out strategy. If you wish to move early into ETT, wait until the 3-line is in a clear inclination but not yet having touched or passed through the 7-line. Then go to BC's two day hourly chart. Check the candle sticks for the last day; check the last candle stick. What does it say? Check the Volume+ indicator for some late strength. If you think that the MACD and both Stochastics can be believed on a two day hourly chart, look at them. If all looks well, you might pay a 1/16 or an 1/8 over the opening. With ETT there is little chance of receiving much harm and your aggressive assessment will let you see how good your readings are. Connie Mack - - ------------------------------ Date: Sun, 19 Apr 1998 22:59:41 +0200 From: Johan Van Houtven Subject: Re: [CANSLIM] PAYX[OBV/MF] Another nice MF negative divergence can been seen in the MF chart of TDFX. MF has been tracking price until last Friday. MF down very significantly and price up very significantly. It also closed down Friday after opening at the high for the day. TDFX had blow out earnings, but I would not be surprised that 'biggies' are selling into the strenght because of increasing competition on the horizon. Even though TDFX is the clear leader of the pack at the moment one has to ask if this is going to stay this way much longer. Even INTC is entering the area for graphics chips. Needless to say I'm selling Monday. At 01:01 PM 19-04-98 -0400, you wrote: >Members-- > >PAYX was mentioned today as a promising Canslim stock. Whether you >follow comment on OBV/MF indicators or not, you might, just as a point >of concern, note that MF has been in negative divergence for at least >three months. > >Such a long negative divergence is always a marker to carefully watch >the next correction no matter how normal it may appear. > >The EMA is giving its first sell signal in over two months. > > >- > > Johan Van Houtven CLICK! N.V. / Wilrijk, Belgium - - ------------------------------ Date: Sun, 19 Apr 1998 19:01:37 -0700 From: Subject: Re: [CANSLIM] Weekend Sift This is a multi-part message in MIME format. - ------=_NextPart_000_000F_01BD6BC5.9439FEC0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable I have been watching astx myself=20 also vide=20 what ya think ? David the rookie - -----Original Message----- From: Joe Scott To: CANSLIM Date: Sunday, April 19, 1998 12:19 PM Subject: [CANSLIM] Weekend Sift =20 =20 For what its worth, what I'll be watching on Monday, depending on = the big M.. Sold INFM this week so I have room to add one. =20 In order of how much I like its look, startin at top. WSTF, DY, QMRK, UNFI, KELL, ASTX, PK, BTF, CYLK, TNL, and just added = LSON, (nice chart). I am sure most were mentioned in this group one time or another.=20 I am watching about 75 at this time, but these are the only ones I = would consider buying on a breakout at this time. Remember, always interested in any feed back. =20 don't know a thing joe =20 joe@2fords.net http://www.2fords.net/joe/ =20 - ------=_NextPart_000_000F_01BD6BC5.9439FEC0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
I have been watching astx myself =
also vide
what ya think ? 
 
          &nbs= p;  =20 David the rookie
-----Original = Message-----
From:=20 Joe Scott <joe@2fords.net>
To: = CANSLIM=20 <canslim@xmission.com>
D= ate:=20 Sunday, April 19, 1998 12:19 PM
Subject: [CANSLIM] = Weekend=20 Sift

For what its worth, what I'll be watching = on=20 Monday, depending on the big M..
Sold INFM this week so I have room = to add=20 one.
 
In order of how much I like its look, = startin at=20 top.
WSTF, DY, QMRK, UNFI, KELL, ASTX, PK, BTF, CYLK, TNL, and just = added=20 LSON, (nice chart).
I am sure most were mentioned in this group one time or = another.
I am watching about 75 at this time, but these are the only = ones I=20 would consider buying on a breakout at this time.
Remember, always interested in any feed back.
 
don't know a thing
joe
 
joe@2fords.net
http://www.2fords.net/joe/<= /DIV>
 
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