From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #200 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 20 1998 Volume 02 : Number 200 In this issue: Re: [CANSLIM] NRVH breaking out Re: [CANSLIM] Question for Connie Regarding OBV/MF [CANSLIM] Re: Larry Re: [CANSLIM] Datek Stop Orders Re: [CANSLIM] Datek Stop Orders [CANSLIM] imrs Re: [CANSLIM] Datek Stop Orders Re: [CANSLIM] imrs [CANSLIM] tmbs Re: [CANSLIM] imrs Re: [CANSLIM] IBD and Daily Graphs [CANSLIM] My faith rewarded (restored??) but still not canslim Re: [CANSLIM] Datek Stop Orders RE: [CANSLIM] My faith rewarded (restored??) but still not cansli m Re: [CANSLIM] IBD and Daily Graphs [CANSLIM] CD: Non-Canslim; non-anybody. [CANSLIM] What does your OBV/MF analysis tell you about AVEI [CANSLIM] to tim re: ktel Re: [CANSLIM] KTEL Re: [CANSLIM] Intro: Larry Horn Re: [CANSLIM] Intro: Larry Horn Re: [CANSLIM] IBD and Daily Graphs [CANSLIM] MTRS Re: [CANSLIM] IBD and Daily Graphs [CANSLIM] DY [CANSLIM] Breakout ITDS Re: [CANSLIM] Datek Stop Orders Re: [CANSLIM] IBD and Daily Graphs Re: [CANSLIM] DY Re: [CANSLIM] Datek Stop Orders Re: [CANSLIM] IBD and Daily Graphs [CANSLIM] DBPHOENIX -- WHAL Re: [CANSLIM] DBPHOENIX -- WHAL Re: [CANSLIM] IBD and Daily Graphs Re: [CANSLIM] DBPHOENIX -- WHAL Re: [CANSLIM] My Entire Watch List Re: [CANSLIM] IBM [CANSLIM] Watching Closely [CANSLIM] OVID ---------------------------------------------------------------------- Date: Mon, 20 Apr 1998 23:38:43 +0000 From: Peter Christiansen Subject: Re: [CANSLIM] NRVH breaking out At 09:09 AM 4/20/98 -0700, you wrote: >Just bot NRVH - it's screaming up on close to triple ADV already. Reported >today and crushed estimates by close to 100%. It is currently trading at 37 1/4. I would like to see it close above 37 1/2 to confirm the break out. Also... the obv isn't encouraging. Peter Christiansen Chiang Mai - Thailand - - ------------------------------ Date: Mon, 20 Apr 1998 13:11:53 -0400 From: Connie Mack Rea Subject: Re: [CANSLIM] Question for Connie Regarding OBV/MF John-- BigCharts has a base of stocks up in price, up in volume, etc. They give a list of 100 for NASD, NYSE, AMEX [usually only 20 or so] for each set of criteria. And I have inexpensive software that brings up a few more. I mentioned to the members that there might be an algorithm in some of the sophisticated programs that would screen for OBV and MF. Don't know if anyone put one together. Beyond the 200 plus available in BC, I don't look at more than another 100 elsewhere. Further, I look only at stocks under $25, for these are the ones that give the most kick per capital investment. Let me know if you can't find the BC stocks. It takes me an hour and a half to two hours to run the charts on the 75 or so stocks I kick out. I keep a list of those stocks meeting OBV/MF criteria and another that meet the criteria and also are ready to buy as indicated by the EMA. I seldom get more than 2 or three from my scan. Recently, I sometimes get none. Not sure what to make of this scarcity. Thanks for the mail. Connie Mack John Nogueira (mssm2000) wrote: > Connie - > > As I understand it, you first screen stocks for OBV/MF before looking > at > the 3-line EMA. My question is how do you actually perform this screen > > with the multitude of stock charts out there? Do you only screen a > handful > of stocks for OBV/MF based on other criteria first, or do you actually > > sift through tons of charts. Also, is there a way to screen for OBV/MF > > with a computer algorithm, without having to look at charts one by > one? > > John > > > - - - ------------------------------ Date: Mon, 20 Apr 1998 10:20:39 -0700 (PDT) From: dbphoenix Subject: [CANSLIM] Re: Larry Some questions, Larry. Why do you think your criteria are too restrictive? How many stocks do you prefer holding at a given time? How many stocks do you like to have waiting in the wings? Why would you sell TMBS if the 7e crossed the 10e? - --Db _________________________________________________________ DO YOU YAHOO!? Get your free @yahoo.com address at http://mail.yahoo.com - - ------------------------------ Date: Mon, 20 Apr 1998 12:34:39 -0500 From: Jimmy Sorrells Subject: Re: [CANSLIM] Datek Stop Orders They do support stop orders on NASDAQ. Do not know about NYSE and AMEX as I have never bought from those exchanges through Datek. Jimmy Peter Christiansen wrote: > I'm interested in Datek. Can someone tell me if they support stop orders > on the NASDAQ as well NYSE and AMEX? Thanks. > > Peter Christiansen > Chiang Mai - Thailand > > - - - ------------------------------ Date: Tue, 21 Apr 1998 00:42:06 +0000 From: Peter Christiansen Subject: Re: [CANSLIM] Datek Stop Orders At 12:34 PM 4/20/98 -0500, you wrote: >They do support stop orders on NASDAQ. Do not know about NYSE and AMEX as I >have never bought from those exchanges through Datek. > >Jimmy > >Peter Christiansen wrote: > >> I'm interested in Datek. Can someone tell me if they support stop orders >> on the NASDAQ as well NYSE and AMEX? Thanks. Thanks Jimmy. Peter Christiansen Chiang Mai - Thailand - - ------------------------------ Date: Mon, 20 Apr 1998 21:02:48 +0300 From: "David S. Pinhasik" Subject: [CANSLIM] imrs I would like to hear your opinions on Information Management. EPS 99 RS 98 Annual growth rate 126% with very good stability rank of 16. Last 4 qtrs are up 150% 250% 233% and 333%.Funds 36% U/D 1.4 EPS is due 5/7. Is there a base here? Is it extended? TIA, David - - ------------------------------ Date: Mon, 20 Apr 1998 11:07:29 -0700 From: Kom Tukovinit Subject: Re: [CANSLIM] Datek Stop Orders From Datek's help file: For NASDAQ: Market Order, Limit Order, Stop Market, or Stop Limit. For NYSE/AMEX: Only Market and Limit Orders. Peter Christiansen wrote: > At 12:34 PM 4/20/98 -0500, you wrote: > >They do support stop orders on NASDAQ. Do not know about NYSE and AMEX as I > >have never bought from those exchanges through Datek. > > > >Jimmy > > > >Peter Christiansen wrote: > > > >> I'm interested in Datek. Can someone tell me if they support stop orders > >> on the NASDAQ as well NYSE and AMEX? Thanks. > > Thanks Jimmy. > > Peter Christiansen > Chiang Mai - Thailand > > - - - ------------------------------ Date: Mon, 20 Apr 1998 21:11:31 +0300 From: "David S. Pinhasik" Subject: Re: [CANSLIM] imrs I forgot to mention S - 36.5M with 9.6M float David - -----Original Message----- From: David S. Pinhasik To: canslim@lists.xmission.com Date: =E9=E5=ED =F9=F0=E9 20 =E0=F4=F8=E9=EC 1998 21:02 Subject: [CANSLIM] imrs >I would like to hear your opinions on Information Management. EPS 99 RS = 98 >Annual growth rate 126% with very good stability rank of 16. Last 4 qtrs are >up 150% 250% 233% and 333%.Funds 36% U/D 1.4 EPS is due 5/7. Is there a base >here? Is it extended? > >TIA, > >David > > >- > > - - ------------------------------ Date: Mon, 20 Apr 1998 21:18:52 +0300 From: "David S. Pinhasik" Subject: [CANSLIM] tmbs After the YO YO ride I finally decided to get out. I didn't make 20% according to the book but I just couldn't stomach another ride down to below 15. I was in at 16 1/16 and sold at 18 1/4. Tim's comment about 30% almost made me stay in... anyways, I am looking for something new, hence my last post about IMRS. Always happy to hear your comments and suggestions, David - - ------------------------------ Date: Mon, 20 Apr 1998 12:09:17 -0700 From: Tim Fisher Subject: Re: [CANSLIM] imrs Zacks has institutions at 62% and no data on insiders. That could either mean insiders have none (bad) or they just don't have good data. Either way the small percentage of the shrs out that is available as float would keep it off my lists. EPS growth looks great, both historical and projected, although growth will decelerate (Zacks estimates 43% projected growth). At 11:02 AM 4/20/98 , you wrote: >I would like to hear your opinions on Information Management. EPS 99 RS 98 >Annual growth rate 126% with very good stability rank of 16. Last 4 qtrs are >up 150% 250% 233% and 333%.Funds 36% U/D 1.4 EPS is due 5/7. Is there a base >here? Is it extended? > >TIA, > >David Tim Fisher / tfish@spiritone.com Ore-Rock-On and Pacific Fishery Biologists WWW Sites: http://www.spiritone.com/~tfish See naked fish and rocks! - - ------------------------------ Date: Mon, 20 Apr 1998 15:14:34 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] IBD and Daily Graphs Mary, as for an "explanation" on reading the DGs, I don't know of any book other than HTMMIS, which goes thru a lot of charts and their meaning. At the website, there is some explaining of what some of the elements mean. A complete breakdown, which I have often quoted, is also found in the back of each DG book. Tom W - -----Original Message----- From: mckeener@ix.netcom.com To: canslim@xmission.com Date: Monday, April 20, 1998 9:24 AM Subject: [CANSLIM] IBD and Daily Graphs >Tom, Connie, is there an explanation on reading charts in Daily Graphs? If not, can you >recommend a good book? > >- > - - ------------------------------ Date: Mon, 20 Apr 1998 15:30:02 -0400 From: "Tom Worley" Subject: [CANSLIM] My faith rewarded (restored??) but still not canslim MSON continuing its breakout on heavy volume, and today SOCR breaking out on volume on news. Long ways yet from once again being decent CANSLIM candidates, but still making back some of my losses, and restoring my equity. Still no news on MSON, so if anyone has any rumors, I'll settle for that for now. Tom W - - ------------------------------ Date: Mon, 20 Apr 1998 15:31:10 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] Datek Stop Orders I'm just starting with Datek, but understand they handle stop orders on NASDAQ only, altho they are apparently working on providing them on listed securities later. Tom W - -----Original Message----- From: Peter Christiansen To: canslim@lists.xmission.com Date: Monday, April 20, 1998 10:47 AM Subject: [CANSLIM] Datek Stop Orders >I'm interested in Datek. Can someone tell me if they support stop orders >on the NASDAQ as well NYSE and AMEX? Thanks. > >Peter Christiansen >Chiang Mai - Thailand > >- > - - ------------------------------ Date: Mon, 20 Apr 1998 15:45:06 -0400 From: "Knowles, Richard N." Subject: RE: [CANSLIM] My faith rewarded (restored??) but still not cansli m Some folks on Yahoo chat are saying that its a 300K block of stock. Another said that it may be tied with the resolution of the law suit. Rich > -----Original Message----- > From: Tom Worley [SMTP:stkguru@netside.net] > Sent: Monday, April 20, 1998 3:30 PM > To: CANSLIM > Subject: [CANSLIM] My faith rewarded (restored??) but still not > canslim > > MSON continuing its breakout on heavy volume, and today SOCR breaking > out on volume on news. Long ways yet from once again being decent > CANSLIM candidates, but still making back some of my losses, and > restoring my equity. Still no news on MSON, so if anyone has any > rumors, I'll settle for that for now. > > Tom W > > > > - > - - ------------------------------ Date: Mon, 20 Apr 1998 14:20:23 -0700 From: Tim Fisher Subject: Re: [CANSLIM] IBD and Daily Graphs Peter, you got your wish. NRVH 37-3/8 up 3. P.S. KTEL traded 16x its FLOAT today. Incredible. At 12:14 PM 4/20/98 , you wrote: >Mary, as for an "explanation" on reading the DGs, I don't know of any >book other than HTMMIS, which goes thru a lot of charts and their >meaning. At the website, there is some explaining of what some of the >elements mean. A complete breakdown, which I have often quoted, is >also found in the back of each DG book. > >Tom W > >-----Original Message----- >From: mckeener@ix.netcom.com >To: canslim@xmission.com >Date: Monday, April 20, 1998 9:24 AM >Subject: [CANSLIM] IBD and Daily Graphs > > >>Tom, Connie, is there an explanation on reading charts in Daily >Graphs?=A0 If not, can you >>recommend a good book? >> >>- >> > > >- >=20 Tim Fisher / tfish@spiritone.com Ore-Rock-On and Pacific Fishery Biologists WWW Sites: http://www.spiritone.com/~tfish See naked fish and rocks! - - ------------------------------ Date: Mon, 20 Apr 1998 17:26:33 -0400 From: Connie Mack Rea Subject: [CANSLIM] CD: Non-Canslim; non-anybody. Members- Celestially optimistic one moment and terrestrially depressed the next. That is how Cendant [CD] stockholders felt a couple of days ago [and still feel]. Such circumstances are occasionally profitable for the venturesome. I bought a few shares the first day of the drop and a few more the second. I've made some spending money as of today's close. But to my point. Print a 5-day hourly chart of OBV and MF. Look at the 5-day chart. On the 15th the MF line was at 0; on the 16th in the first hour it's 2.5 increments below 0. An hour later it's 2 increments above--a significant reverse. Today, it's 3 increments above. Look at the OBV. A beautiful recovery. Look, too, at Vol/Accum. Look at the MACD. Another beautiful picture. The Stochastic is a bit shaky but not enough to worry about. The EMA has gone from a third level sell to a point where all of the EMAs are bunched ambiguously. Short of some further fallout, CD has more juice. Another uptick and you could get a first level buy. Here is an instance in which the OBV/MF are telling a story different from what the price is saying. I may trade the shares that I hold, but I will buy some further shares and put them away. Connie Mack - - ------------------------------ Date: Mon, 20 Apr 1998 14:34:20 -0700 (PDT) From: Anindo Majumdar Subject: [CANSLIM] What does your OBV/MF analysis tell you about AVEI What does OBV/MF tell you about AVEI ? They had a blowout quarter but since then has been going down. Anindo > > Members- > > Celestially optimistic one moment and terrestrially depressed the next. > That is how Cendant [CD] stockholders felt a couple of days ago [and > still feel]. > > Such circumstances are occasionally profitable for the venturesome. I > bought a few shares the first day of the drop and a few more the > second. I've made some spending money as of today's close. > > But to my point. Print a 5-day hourly chart of OBV and MF. Look at the > 5-day chart. On the 15th the MF line was at 0; on the 16th in the first > hour it's 2.5 increments below 0. An hour later it's 2 increments > above--a significant reverse. Today, it's 3 increments above. > > Look at the OBV. A beautiful recovery. Look, too, at Vol/Accum. > > Look at the MACD. Another beautiful picture. The Stochastic is a bit > shaky but not enough to worry about. > > The EMA has gone from a third level sell to a point where all of the > EMAs are bunched ambiguously. Short of some further fallout, CD has > more juice. Another uptick and you could get a first level buy. > > Here is an instance in which the OBV/MF are telling a story different > from what the price is saying. I may trade the shares that I hold, but > I will buy some further shares and put them away. > > Connie Mack > > > - > > - - ------------------------------ Date: Mon, 20 Apr 1998 18:27:31 -0700 From: Subject: [CANSLIM] to tim re: ktel There is another record company called platinum entertainment that I believe tried to buy ktel a little while back and had some major dispute with ktel .They are competitors. but anyway they are listed as ptet and the rumors are flying about them opening up their own web site to sell records like ktel . they sell country gospel r&b and other types of music like you see advertised on television. It aint no canslim stock but I am keeping a close eye on it for a day trade or two. it is up the past few days in HEAVY volume. just food for thought David the rookie - -----Original Message----- From: Tim Fisher To: canslim@lists.xmission.com Date: Monday, April 20, 1998 2:22 PM Subject: Re: [CANSLIM] IBD and Daily Graphs Peter, you got your wish. NRVH 37-3/8 up 3. P.S. KTEL traded 16x its FLOAT today. Incredible. At 12:14 PM 4/20/98 , you wrote: >Mary, as for an "explanation" on reading the DGs, I don't know of any >book other than HTMMIS, which goes thru a lot of charts and their >meaning. At the website, there is some explaining of what some of the >elements mean. A complete breakdown, which I have often quoted, is >also found in the back of each DG book. > >Tom W > >-----Original Message----- >From: mckeener@ix.netcom.com >To: canslim@xmission.com >Date: Monday, April 20, 1998 9:24 AM >Subject: [CANSLIM] IBD and Daily Graphs > > >>Tom, Connie, is there an explanation on reading charts in Daily >Graphs? If not, can you >>recommend a good book? >> >>- >> > > >- > Tim Fisher / tfish@spiritone.com Ore-Rock-On and Pacific Fishery Biologists WWW Sites: http://www.spiritone.com/~tfish See naked fish and rocks! - - - - ------------------------------ Date: Mon, 20 Apr 1998 18:58:00 -0500 From: Bill Subject: Re: [CANSLIM] KTEL Faber, on CNBC, had a lucid explanation of the activity in KTEL. Naked shorts covering! He said its a known technique that obviously backfired on those trying to short at the IPO. The shorts did not anticipate the buying pressure and now are scurrying for cover, driving up the price. If that is the case, then a violent sell off is in the cards. Does anyone know how to predict/anticipate when that will happen? Bill-->> - -------------------------- At 2:20 PM -0700 4/20/98, Tim Fisher wrote: >Peter, you got your wish. NRVH 37-3/8 up 3. > >P.S. KTEL traded 16x its FLOAT today. Incredible. > - - ------------------------------ Date: Mon, 20 Apr 1998 20:55:18 -0400 From: "Frank V. Wolynski" Subject: Re: [CANSLIM] Intro: Larry Horn At 12:45 AM 4/20/98 -0400, Larry Horn wrote: >Hello Everyone, > ...snipped... > >The last thing I do (well actually I do it before checking %Institutions so I don't have to look up as many companies at Waterhouse) is not CANSLIM but I did get it from IBD's Investor's Corner. Return On Equity >15. I don't recall anyone mentioning ROE so I am interested in hearing if I am wasting my time with this number or what. This whole process takes about 2-3 hours and leaves me with less than a handful of stocks. > >If anyone is interested, I can post all of these stocks in a table on a web page starting with the 120-130 stocks, but I won't waste that much space here. I will just list the ones that pass all of the screens. >From here, I guess I just watch the volume and price to see if I can figure a good time to buy. I'm looking forward to trying to use Connie's tools to help me figure that out instead of just volume and price. > "Investing Smart, How to Pick Winning Stocks with Investor's Business Daily", author, Dhun H. Sethna with contirbutions from the staff of IBD, verifies your use of ROE. He states, "For purposes of investment, the ROE has been regarded as the single best measure of a firm's ability to generate a flow of income for dividends. ROE, sometimes called earnings power, indicates how well a company is being managed to allow a profit on its equity or net worth." He also states 15% is a minimum. I personally have not tracked the significance of ROE except in the Winter with the airlines group. Sticking to best ROE would have been most appropriate at that time! I would love to see your table on a Web site, or simply email a template you use for tracking the data, if that is not too bold of me to request. I assume you use a spreadsheet of some sort. I've used a spreadsheet for tracking canslim stocks before, but have converted all my data collection over to a database for easy sorting/ranking/filtering and searching. Best Regards, Frank Wolynski - - ------------------------------ Date: Mon, 20 Apr 1998 20:55:18 -0400 From: "Frank V. Wolynski" Subject: Re: [CANSLIM] Intro: Larry Horn At 12:45 AM 4/20/98 -0400, Larry Horn wrote: >Hello Everyone, > ...snipped... > >The last thing I do (well actually I do it before checking %Institutions so I don't have to look up as many companies at Waterhouse) is not CANSLIM but I did get it from IBD's Investor's Corner. Return On Equity >15. I don't recall anyone mentioning ROE so I am interested in hearing if I am wasting my time with this number or what. This whole process takes about 2-3 hours and leaves me with less than a handful of stocks. > >If anyone is interested, I can post all of these stocks in a table on a web page starting with the 120-130 stocks, but I won't waste that much space here. I will just list the ones that pass all of the screens. >From here, I guess I just watch the volume and price to see if I can figure a good time to buy. I'm looking forward to trying to use Connie's tools to help me figure that out instead of just volume and price. > "Investing Smart, How to Pick Winning Stocks with Investor's Business Daily", author, Dhun H. Sethna with contirbutions from the staff of IBD, verifies your use of ROE. He states, "For purposes of investment, the ROE has been regarded as the single best measure of a firm's ability to generate a flow of income for dividends. ROE, sometimes called earnings power, indicates how well a company is being managed to allow a profit on its equity or net worth." He also states 15% is a minimum. I personally have not tracked the significance of ROE except in the Winter with the airlines group. Sticking to best ROE would have been most appropriate at that time! I would love to see your table on a Web site, or simply email a template you use for tracking the data, if that is not too bold of me to request. I assume you use a spreadsheet of some sort. I've used a spreadsheet for tracking canslim stocks before, but have converted all my data collection over to a database for easy sorting/ranking/filtering and searching. Best Regards, Frank Wolynski - - ------------------------------ Date: Tue, 21 Apr 1998 08:36:35 +0000 From: Peter Christiansen Subject: Re: [CANSLIM] IBD and Daily Graphs Actually, I wanted to see it close above 37 1/2, so I consider the breakout suspect. The volume was certainly impressive though. At 02:20 PM 4/20/98 -0700, you wrote: >Peter, you got your wish. NRVH 37-3/8 up 3. > >P.S. KTEL traded 16x its FLOAT today. Incredible. > >At 12:14 PM 4/20/98 , you wrote: >>Mary, as for an "explanation" on reading the DGs, I don't know of any >>book other than HTMMIS, which goes thru a lot of charts and their >>meaning. At the website, there is some explaining of what some of the >>elements mean. A complete breakdown, which I have often quoted, is >>also found in the back of each DG book. >> >>Tom W >> >>-----Original Message----- >>From: mckeener@ix.netcom.com >>To: canslim@xmission.com >>Date: Monday, April 20, 1998 9:24 AM >>Subject: [CANSLIM] IBD and Daily Graphs >> >> >>>Tom, Connie, is there an explanation on reading charts in Daily >>Graphs? If not, can you >>>recommend a good book? >>> >>>- >>> >> >> >>- >> >Tim Fisher / tfish@spiritone.com >Ore-Rock-On and Pacific Fishery Biologists WWW Sites: >http://www.spiritone.com/~tfish >See naked fish and rocks! > >- > Peter Christiansen Chiang Mai - Thailand - - ------------------------------ Date: Tue, 21 Apr 1998 08:41:44 +0000 From: Peter Christiansen Subject: [CANSLIM] MTRS At least one of my holdings had a good day today. MTRS seems to be confirming its recent breakout. Peter Christiansen Chiang Mai - Thailand - - ------------------------------ Date: Mon, 20 Apr 1998 18:45:24 -0700 From: Tim Fisher Subject: Re: [CANSLIM] IBD and Daily Graphs What definition of "breakout" are you using? At 08:36 AM 4/21/98 +0000, you wrote: >Actually, I wanted to see it close above 37 1/2, so I consider the breakout >suspect. The volume was certainly impressive though. > >At 02:20 PM 4/20/98 -0700, you wrote: >>Peter, you got your wish. NRVH 37-3/8 up 3. >> >>P.S. KTEL traded 16x its FLOAT today. Incredible. >> 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: Mon, 20 Apr 1998 21:03:06 -0500 From: "Joe Scott" Subject: [CANSLIM] DY This is a multi-part message in MIME format. - ------=_NextPart_000_000C_01BD6C9F.B738E140 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Anyone have any ideas on DY, 2x volume today, up only 9/16 tho. I would like to see more volume tomorrow and it trade through 29.00 then = I would consider a buy. Anyone see anything I might be missing? Looks like a cup with handle chart to me, volume drying up in handle = till today. Leader in cable, & fiber optic installation, = telecommunications. don't know a thing joe joe@2fords.net http://www.2fords.net/joe/ - ------=_NextPart_000_000C_01BD6C9F.B738E140 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Anyone have any ideas on DY, 2x volume today, = up only=20 9/16 tho.
I would like to see more volume tomorrow and = it trade=20 through 29.00 then I would consider a buy. Anyone see anything I might = be=20 missing?
Looks like a cup with handle chart to me, = volume drying=20 up in handle till today. Leader in cable, & fiber optic  = installation,=20 telecommunications.
 
don't know a thing
joe
 
joe@2fords.net
http://www.2fords.net/joe/<= /DIV> - ------=_NextPart_000_000C_01BD6C9F.B738E140-- - - ------------------------------ Date: Tue, 21 Apr 1998 09:03:52 +0000 From: Peter Christiansen Subject: [CANSLIM] Breakout ITDS ITDS broke out from an 11 week base today on good volume. Peter Christiansen Chiang Mai - Thailand - - ------------------------------ Date: Tue, 21 Apr 1998 09:04:49 +0000 From: Peter Christiansen Subject: Re: [CANSLIM] Datek Stop Orders Guess I'll stick with E-Trade until they get that sorted. At 03:31 PM 4/20/98 -0400, you wrote: >I'm just starting with Datek, but understand they handle stop orders >on NASDAQ only, altho they are apparently working on providing them on >listed securities later. >Tom W > >-----Original Message----- >From: Peter Christiansen >To: canslim@lists.xmission.com >Date: Monday, April 20, 1998 10:47 AM >Subject: [CANSLIM] Datek Stop Orders > > >>I'm interested in Datek. Can someone tell me if they support stop >orders >>on the NASDAQ as well NYSE and AMEX? Thanks. >> >>Peter Christiansen >>Chiang Mai - Thailand >> >>- >> > > >- > Peter Christiansen Chiang Mai - Thailand - - ------------------------------ Date: Tue, 21 Apr 1998 09:11:25 +0000 From: Peter Christiansen Subject: Re: [CANSLIM] IBD and Daily Graphs I like to see a stock close above near term resistance, which I place at 37 1/2 on 2/26/98 for NRVH. I don't like it when a stock trades above that resistance intraday, but can't manage to close above it. Maybe tomorrow. At 06:45 PM 4/20/98 -0700, you wrote: >What definition of "breakout" are you using? > >At 08:36 AM 4/21/98 +0000, you wrote: >>Actually, I wanted to see it close above 37 1/2, so I consider the breakout >>suspect. The volume was certainly impressive though. >> >>At 02:20 PM 4/20/98 -0700, you wrote: >>>Peter, you got your wish. NRVH 37-3/8 up 3. >>> >>>P.S. KTEL traded 16x its FLOAT today. Incredible. >>> >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! > > >- > Peter Christiansen Chiang Mai - Thailand - - ------------------------------ Date: Tue, 21 Apr 1998 09:22:10 +0000 From: Peter Christiansen Subject: Re: [CANSLIM] DY I bought a bunch of call options on this one when it pulled back to support around 26 on 4/6. If it makes a move in the next few weeks, I'll make a bundle. I do like the way the price action has become very tight during the past week. OBV is soaring. At 09:03 PM 4/20/98 -0500, you wrote:=20 > > Anyone have any ideas on DY, 2x volume today, up only 9/16 tho. > I would like to see more volume tomorrow and it trade through 29.00 then I > would consider a buy. Anyone see anything I might be missing? > Looks like a cup with handle chart to me, volume drying up in handle till > today. Leader in cable, & fiber optic=A0 installation, telecommunications. > =A0 > don't know a thing > joe > =A0 > joe@2fords.net > http://www.2fords.net/joe/ Peter Christiansen=20 Chiang Mai - Thailand=20 - - ------------------------------ Date: Tue, 21 Apr 1998 02:29:05 GMT From: musicant@autobahn.org (Dan Musicant) Subject: Re: [CANSLIM] Datek Stop Orders Au contraire, Peter, Nasdaq only as I make out. Amex is joining with Nasdaq, however you still cannot place a stop order on your NYSE issue at Datek. WON believes in "mental stops", but many like *mechanical* stops. Dan On Mon, 20 Apr 1998 21:48:59 +0000, you wrote: :I'm interested in Datek. Can someone tell me if they support stop = orders :on the NASDAQ as well NYSE and AMEX? Thanks. : :Peter Christiansen=20 :Chiang Mai - Thailand=20 : :- - - ------------------------------ Date: Tue, 21 Apr 1998 02:34:07 GMT From: musicant@autobahn.org (Dan Musicant) Subject: Re: [CANSLIM] IBD and Daily Graphs On Mon, 20 Apr 1998 14:20:23 -0700, you wrote: :Peter, you got your wish. NRVH 37-3/8 up 3. : :P.S. KTEL traded 16x its FLOAT today. Incredible. Yes, I heard this tonight on PBS. My ears perked up when he pointed out KTEL at 41.63, noting that this was a 7 dollar stock a couple of weeks ago!!!=20 Dan - - ------------------------------ Date: Mon, 20 Apr 1998 22:36:47 -0400 From: "Carlos E. Fernandez-Touzon" Subject: [CANSLIM] DBPHOENIX -- WHAL I really appreciate the suggestions you guys have made -- I have ordered the two books that dbphoenix recommended -- hopefully that and a lot of research can fill in a lot of blanks! In the mean time -- i hope you don't mind taking a look at ARSC (Aris Corp) -- I bought some at 32 3/4 on 4/9 and some more at 33 3/4 on 4/13 (trying to pyramid up on upward movement with good volume). I thought I was the next coming of J.P. Morgan the next day when it went up over a point and a half. Now several days later with the stock down for 3 out of 4 days I are starting to think that junk bonds are where it is at. The volume has really dried up on the last couple of days. What does a decrease on very little volume mean? Is that just showing that the move from 31 was a hoax? Or is it just some people bailing out on the stock and cashing in some gains after the stock hit an all time high at 35? Just wondering -- Still trying to get my CS algorithm down. - - ------------------------------ Date: Mon, 20 Apr 1998 21:48:08 -0500 From: "Joe Scott" Subject: Re: [CANSLIM] DBPHOENIX -- WHAL This is a multi-part message in MIME format. - ------=_NextPart_000_0024_01BD6CA6.01DEEE00 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Figuring you bot equal amounts on both buys you would be in at 33 1/4, = so your up about 2 1/2%, not counting commissions. I'd place a mental sell stop at 31.00, 7% under my purchase price and = wait, it could just be a pull back, they often do that. Might want to try and buy them off a better base, and on a break out = with good volume per CANSLIM next time. I wouldn't worry about this one now tho, just sit and wait, least thats what I'd do. don't know a thing joe joe@2fords.net http://www.2fords.net/joe/ - ------=_NextPart_000_0024_01BD6CA6.01DEEE00 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Figuring you bot equal amounts on both buys = you would=20 be in at 33 1/4, so your up about 2 1/2%, not counting = commissions.
I'd place a mental sell stop at 31.00, 7% = under my=20 purchase price and wait, it could just be a pull back, they often do=20 that.
Might want to try and buy them off a better = base, and=20 on a break out with good volume per CANSLIM next time.
I wouldn't worry about this one now tho, just sit and wait,
least thats what I'd do.
 
don't know a thing
joe
 
joe@2fords.net
http://www.2fords.net/joe/<= /DIV> - ------=_NextPart_000_0024_01BD6CA6.01DEEE00-- - - ------------------------------ Date: Mon, 20 Apr 1998 19:57:49 -0700 From: Tim Fisher Subject: Re: [CANSLIM] IBD and Daily Graphs It was 6-5/8 Monday morning. That's 6 trading days ago! It went to 50 intraday today. At 02:34 AM 4/21/98 GMT, you wrote: >On Mon, 20 Apr 1998 14:20:23 -0700, you wrote: > >:Peter, you got your wish. NRVH 37-3/8 up 3. >: >:P.S. KTEL traded 16x its FLOAT today. Incredible. > >Yes, I heard this tonight on PBS. My ears perked up when he pointed >out KTEL at 41.63, noting that this was a 7 dollar stock a couple of >weeks ago!!! > >Dan > 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: Mon, 20 Apr 1998 22:53:40 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] DBPHOENIX -- WHAL Carlos, ARSC doesn't present a nearby base that I see. There was a brief (one week) consolidation at 30, after it reversed it's decline down to 25, so I guess an argument could be made for some kind of pivot point just over 30, since that was also recent highs. Your two buys were made about 7 to 10% over this point, which increases the risk of the stock drifting back to the 30 level. So far, it looks more like it wants to do another consolidation at 35. Volume is drying up nicely, so I don't see a lot of profit taking, and whatever there was seems to have stopped. If I owned it, I would watch it carefully till it moves off the 34-35 level in one direction or the other. Tom W - -----Original Message----- From: Carlos E. Fernandez-Touzon To: canslim@lists.xmission.com Date: Monday, April 20, 1998 10:36 PM Subject: [CANSLIM] DBPHOENIX -- WHAL >In the mean time -- i hope you don't mind taking a look at ARSC (Aris >Corp) -- I bought some at 32 3/4 on 4/9 and some more at 33 3/4 on 4/13 >(trying to pyramid up on upward movement with good volume). I thought I >was the next coming of J.P. Morgan the next day when it went up over a >point and a half. Now several days later with the stock down for 3 out of >4 days I are starting to think that junk bonds are where it is at. The >volume has really dried up on the last couple of days. What does a >decrease on very little volume mean? Is that just showing that the move >from 31 was a hoax? Or is it just some people bailing out on the stock >and cashing in some gains after the stock hit an all time high at 35? >Just wondering -- Still trying to get my CS algorithm down. > > - - ------------------------------ Date: Tue, 21 Apr 1998 03:11:48 GMT From: musicant@autobahn.org (Dan Musicant) Subject: Re: [CANSLIM] My Entire Watch List Very impressive. ASTX passed the pivot today (barely), so is still "buyable". Volume wasn't breakout type, but the move was over 6%. Has been a lot of discussion of it and knowing posters here have avowed great interest. ITDS, GRS of 98, still looks pretty good to me. Thanks, Peter. Got a whole portfolio in my Yahoo watching these. The pivots below look pretty faultless, far as I've seen, and I've given a dozen or so a look. A note: Tech stock owners and buyers take note that IBM posted poor quarterly results after hours today (Monday) -- their PC sales were well down, I believe. Could be a down day on the Nasdaq Tuesday. Dan On Mon, 20 Apr 1998 22:16:01 +0000, you wrote: :Here is my current watch list, including potential pivot points. There :are quite a few interesting charts here. Enjoy. Hope the formatting is= ok. : :aatt 36.625 :accc 55.625=20 :accs 40.125 :ammb 38.125=20 :ans 29.625=20 :apex 32.125=20 :asf 44.125=20 :astsf 52.375 :astx 17.125=20 :csgs 49.625=20 :csli 18.625=20 :ctxs 57.6250=20 :dell 72.125 :faf 69.125=20 :haz 40.5=20 :hrly 15.125=20 :imp 34.125=20 :intl 28.625 :itds 29.125 :ldry 31.75 :lson 39.125 :medi 58.375 :metz 34.125 :mth 20.5 :mtic 18.125 :ndn 40.125=20 :nsit 43.125 :qlgc 42.125=20 :ssd 43.125=20 :sut 43.125 :tklc 49.5 :uvn 42.125 :vii 12.125=20 : : :Peter Christiansen=20 :Chiang Mai - Thailand=20 : :- - - ------------------------------ Date: Mon, 20 Apr 1998 20:26:28 -0700 From: Tim Fisher Subject: Re: [CANSLIM] IBM AFAIK IBM announced EPS a penny under estimates at about 3PM eastern and dropped immediately but wound up +3 on the day at 121-ish. At 03:11 AM 4/21/98 GMT, you wrote: >A note: Tech stock owners and buyers take note that IBM posted poor >quarterly results after hours today (Monday) -- their PC sales were >well down, I believe. Could be a down day on the Nasdaq Tuesday. > >Dan 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: Mon, 20 Apr 1998 23:26:00 -0400 From: "James Adams" Subject: [CANSLIM] Watching Closely APCO Automobile Protection Corportation IBD #s 88/98/A OBV/MF Positively following latest price increases. Zacks Recommendation = Strong Buy 1.0 Next Earnings (Approx.): 24-Apr-98 Earnings Estimates Qtr(3/98) Qtr(6/98) FY(12/98) FY(12/99) Average Estimate $0.08 $0.11 $0.42 $0.51 Year Ago EPS $0.05 $0.08 $0.34 $0.42 Growth Rate 53.33% 37.50% 22.55% 22.40% Zack's Industry: BUSINESS SERVI P/E 39.80 Market Cap. 151.5 Mil # Shares Out. 10.9 Mil Dividend/Share 0.00 Exchange NASDAQ James Adams......................Maysville, KY USA http://www.cris.com/~jimadams/ Internet Pager 1343361@pager.mirabilis.com - - ------------------------------ Date: Mon, 20 Apr 1998 22:58:19 -0400 From: "James Adams" Subject: [CANSLIM] OVID This one broke out today here's some info on OVID. I would like to find out if the rumors that institutions have been gobbling this one up the past are true. Close: 20 1/2; Change +1 1/2 (+7.89%) Prev Cls Volume 51,000 ADV 35,409 Day's Range 18 7/8 - 20 1/2 Bid 20 Ask 20 1/2 52-week Range 7 - 20 IBD EPS=8 (ouch); RS-95; Acc/Dis =A MF & OBV uptrending; Vol/Accumulation=positive buying; March 10 - Upgraded by Hambrecht & Quist Next Earnings Announcement: April 24, 1998 Zacks Consensus Moderate Buy Qtr EPS Estimate NA FY EPS Estimate $0.47 P/E on FY EPS Est. 40.90 Dividend Yield 0.00% Market Cap 116.0 Mil Shares Outstanding 6.1 Mil Daily Vol (13 wk avg) 38,700.0 Institutional Ownership 16.90% Beta 1.8 Short Interest Shares 6,730 Companies with Competing Products : Access Health CompuServe Dataware Technologies Excalibur Technologies Fulcrum Technologies Healtheon Infonautics OneSource Primark Prodigy Reed Elsevier Telescan Verity Industry:COMP-SERVICES Ranked 41 of 101 James Adams......................Maysville, KY USA http://www.cris.com/~jimadams/ Internet Pager 1343361@pager.mirabilis.com - - ------------------------------ End of canslim-digest V2 #200 ***************************** To unsubscribe to canslim-digest, send an email to "majordomo@xmission.com" with "unsubscribe canslim-digest" in the body of the message. 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