From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #2039 Reply-To: canslim Sender: owner-canslim-digest@lists.xmission.com Errors-To: owner-canslim-digest@lists.xmission.com Precedence: bulk Content-Transfer-Encoding: quoted-printable X-No-Archive: yes canslim-digest Tuesday, January 15 2002 Volume 02 : Number 2039 In this issue: Re: [CANSLIM] market direction/EFTs Re: [CANSLIM] DFXI AW: [CANSLIM] DFXI Re: AW: [CANSLIM] DFXI AW: AW: [CANSLIM] DFXI RE: AW: [CANSLIM] DFXI RE: AW: [CANSLIM] DFXI AW: AW: [CANSLIM] DFXI Re: [CANSLIM] market direction/EFTs ---------------------------------------------------------------------- Date: Tue, 15 Jan 2002 09:03:42 -0600 From: "Katherine Malm" Subject: Re: [CANSLIM] market direction/EFTs This is a multi-part message in MIME format. - ------=_NextPart_000_008F_01C19DA3.87CBE040 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Sorry, that was a typo...It should have read 3/21/00 and should read = (465 days). Thanks for pointing that out. Katherine ----- Original Message -----=20 From: Gyorgy Veszpremi=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, January 15, 2002 9:01 AM Subject: Re: [CANSLIM] market direction/EFTs Actually the bull market top was in March of 2000.=20 Katherine Malm wrote:=20 Here's a good way to look at the relative performance of the markets = since key dates: I like to see these in bar chart view, but you can use = line charts as well, as both are available: Look at comparisons from key = dates to Friday's close (1/11/02): Bull market top: 3/21/2001 (202 = days)Latest market peak: 5/21/2001 (160 days)Follow-thru day: 9/28/2001 = (73 days) This will give you a comparison between Russell 2000 (small = cap), MidCap, Large Cap, Naz100 (large cap tech), Dow and total market = proxies:http://stockcharts.com/webcgi/wb.exe?Perf.web+IWM,MDY,QQQ,DIA,IYY= There is a bar at the bottom of the chart that you can stretch to the = days right and left that you want to consider once the chart is built. = Roll your cursor over the chart and the key information for each index = will pop up. This will give you a comparison between styles Sm Cap = Growth, Mid Cap Growth, Lg Cap Growth,Sm Cap Val, Mid Cap Val, Lg Cap = Val. Again, run these from the key date until today and you will be able = to make your own conclusions about = growth/value.http://stockcharts.com/webcgi/wb.exe?Perf.web+IJT,IJK,IVW,IJ= S,IJJ,IVE For a more general comparison between growth, value, total = market, try:http://stockcharts.com/webcgi/wb.exe?Perf.web+IWZ,IWW,IYY = Katherine=20 ----- Original Message ----- From: Ann To: canslim@lists.xmission.com Sent: Sunday, January 13, 2002 12:05 PM Subject: Re: [CANSLIM] market direction/EFTs Thanks for your response, Andreas. I think I see what you are = saying.=20 I invested in a SmallCap EFT recently, and was wondering whether I = should=20 have!=20 ----- Original Message -----=20 From: "Andreas Himmelreich" =20 To: =20 Sent: Sunday, January 13, 2002 12:27 PM=20 Subject: AW: [CANSLIM] market direction=20 =20 : You do not have to buy stocks with high PEs. Just go into value = and growth=20 and=20 : let the BOs of ultra High PE stocks fail.=20 :=20 : David Ryan says in Market Wizards that the PE (or the Value) is = important=20 (even Won does not say it) for=20 : the probabillity of a good breakout.=20 :=20 : I do belive that the market right now differenciates, its not a = nutty bull=20 market like in the 90s where=20 : everything went up, no matter its fundamentals (in some stages = of the bull=20 market).=20 :=20 : But the market is not so bad, that it sends down all stocks, it=20 differenciates, thats all...=20 :=20 : I do actually not care about the market direction too much. The = only=20 question that is interesting:=20 : Is there an area which is profitable? (so far only on the long = side) There=20 where 100000s of long chances even in 2000 and 2001.=20 :=20 : Are there Industry Groups that set up a bull market for its = member stocks?=20 If yes, money is around the corner. Pick it up and ride it.=20 : Just look at stuff like TARO, MDCI, AHMH, BZH in 2001...=20 :=20 : December was pretty much flat on the Indexes, but it was a great = month for=20 a lot of canslim stocks.=20 :=20 : I acutally would like it if the Nasdaq would be still on 2000 = Points at=20 the end of the year, as long=20 : fundamentally sound stocks go up and grap goes down.=20 :=20 : The only moment you have to be aware of is the moment gets so = bad, that=20 nothing works, every Industry Group=20 : goes down pricewise, everything rolls over, no matter how good = the=20 fundamentals of the stocks. Then and only then=20 : it is time to get flat. In 2001 that was from August to the = beginning of=20 October.=20 :=20 : Sorry to be so opinionated.=20 :=20 : Andreas=20 :=20 :=20 : > -----Ursprungliche Nachricht-----=20 : > Von: rolf hertenstein [SMTP:rolfh@mindspring.com]=20 : > Gesendet am: Sunday, January 13, 2002 5:54 PM=20 : > An: canslim@lists.xmission.com=20 : > Betreff: Re: [CANSLIM] market direction=20 : >=20 : > I'm still concerned about the overall market valuation, which = remains=20 high.=20 : > Yes, as earnings improve, market P/Es should lower, assuming = prices=20 : > don't accelerate faster than earnings improve.=20 : >=20 : > Even though WON gives little credence to P/Es, I'm adding a P=20 : > (CANSLIMP ?) for the time being. I think many investors will = be spooked=20 : > by high P/Es (e.g., KKD) and tend towards solid companies with = relatively=20 : > low P/Es. Just one new investor's opinion.=20 : >=20 : > Rolf=20 : >=20 : > ----- Original Message -----=20 : > From: "Dan Forant" =20 : > To: =20 : > Sent: Sunday, January 13, 2002 9:31 AM=20 : > Subject: Re: [CANSLIM] market direction=20 : >=20 : >=20 : > > I have been saying all along this is going to be a = sloooooooowwwww,=20 : > > recovery. Well into the year. All we have to do is *read* = the news. I=20 : > listen=20 : > > to a local analyst here named Larry King, he's with Smith = Barney. A=20 few=20 : > > weeks ago he was calling for a quick market return. Just = Friday he=20 changed=20 : > > course and now calls for growth but very slow. Analysts jobs = from=20 : > brokerage=20 : > > houses are to soften the tone of bad news. They can even = make it sound=20 : > good.=20 : > > Sure there are stocks out there that the savvy trader may = pick, but on=20 : > > average not. It takes months to years for rate and tax cuts = to filter=20 into=20 : > > the economy.=20 : > >=20 : > > DanF=20 : > >=20 : > >=20 : > > ----- Original Message -----=20 : > > From: "Kent Norman" =20 : > > To: "CANSLIM" =20 : > > Sent: Sunday, January 13, 2002 10:11 AM=20 : > > Subject: [CANSLIM] market direction=20 : > >=20 : > >=20 : > > > Many "experts" are expecting the market to follow=20 : > > > tradition and rise in January and go flat to down for=20 : > > > a few months. Do you think this weeks 5 down days are=20 : > > > meaningful?=20 : > > >=20 : > > > I know WON says we don't need to be concerned with=20 : > > > where the market is heading, just where it is.=20 : > > >=20 : > > > So where is it? Is the party over? Should we all get=20 : > > > out of the pool?=20 : > > >=20 : > > > Kent Norman=20 : > > >=20 : > > >=20 : > > > =3D=3D=3D=3D=3D=20 : > > > Opportunities always look bigger going than coming.=20 : > > >=20 : > > > __________________________________________________=20 : > > > Do You Yahoo!?=20 : > > > Send FREE video emails in Yahoo! Mail!=20 : > > > http://promo.yahoo.com/videomail/=20 : > > >=20 : > > > -=20 : > > > -To subscribe/unsubscribe, email "majordomo@xmission.com"=20 : > > > -In the email body, write "subscribe canslim" or=20 : > > > -"unsubscribe canslim". Do not use quotes in your email.=20 : > > >=20 : > >=20 : > >=20 : > > -=20 : > > -To subscribe/unsubscribe, email "majordomo@xmission.com"=20 : > > -In the email body, write "subscribe canslim" or=20 : > > -"unsubscribe canslim". Do not use quotes in your email.=20 : > >=20 : >=20 : >=20 : > -=20 : > -To subscribe/unsubscribe, email "majordomo@xmission.com"=20 : > -In the email body, write "subscribe canslim" or=20 : > -"unsubscribe canslim". Do not use quotes in your email.=20 :=20 : -=20 : -To subscribe/unsubscribe, email "majordomo@xmission.com"=20 : -In the email body, write "subscribe canslim" or=20 : -"unsubscribe canslim". Do not use quotes in your email.=20 :=20 =20 -=20 -To subscribe/unsubscribe, email "majordomo@xmission.com"=20 -In the email body, write "subscribe canslim" or=20 -"unsubscribe canslim". Do not use quotes in your email. - ------=_NextPart_000_008F_01C19DA3.87CBE040 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Sorry, that was a typo...It should have read 3/21/00 and should = read (465=20 days). Thanks for pointing that out.
 
Katherine
----- Original Message -----
From:=20 Gyorgy=20 Veszpremi
Sent: Tuesday, January 15, 2002 = 9:01=20 AM
Subject: Re: [CANSLIM] market=20 direction/EFTs

Actually the bull market top was in March of 2000.=20

Katherine Malm wrote:=20

Here's a good way to look at the relative performance of the markets = since=20 key dates: I like to see these in bar chart view, but you can = use line=20 charts as well, as both are available: Look at comparisons from = key=20 dates to Friday's close (1/11/02): Bull market top: 3/21/2001 = (202=20 days)Latest market peak: 5/21/2001 (160 days)Follow-thru day: = 9/28/2001 (73=20 days) This will give you a comparison between Russell 2000 = (small cap),=20 MidCap, Large Cap, Naz100 (large cap tech), Dow and total market = proxies:http://stockcharts.com/webcgi/wb.exe?Perf.web+IWM,MDY,QQQ,DIA,IYYTh= ere=20 is a bar at the bottom of the chart that you can stretch to the days = right=20 and left that you want to consider once the chart is built. Roll = your cursor=20 over the chart and the key information for each index will pop = up. This=20 will give you a comparison between styles Sm Cap Growth, Mid Cap = Growth, Lg=20 Cap Growth,Sm Cap Val, Mid Cap Val, Lg Cap Val. Again, run these = from the=20 key date until today and you will be able to make your own = conclusions about=20 growth/value.http://stockcharts.com/webcgi/wb.exe?Perf.web+IJT,IJK,IVW,IJS,IJJ,I= VE For=20 a more general comparison between growth, value, total market, = try:http:/= /stockcharts.com/webcgi/wb.exe?Perf.web+IWZ,IWW,IYY Katherine=20
----- Original Message -----
From:=20 Ann
To: canslim@lists.xmission.com=
Sent: Sunday, January 13, = 2002 12:05=20 PM
Subject: Re: [CANSLIM] = market=20 direction/EFTs
 Thanks for your response, Andreas. I = think I see=20 what you are saying.
I invested in a SmallCap EFT recently, = and was=20 wondering whether I should
have!
----- Original Message = - -----=20
From: "Andreas Himmelreich" <judgejimmy@web.de> =
To: <canslim@lists.xmission.com= >=20
Sent: Sunday, January 13, 2002 12:27 PM
Subject: AW: = [CANSLIM]=20 market direction
 =20

: You do not have to buy stocks with high PEs. Just go into = value and=20 growth
and
: let the BOs of ultra High PE stocks fail. =
:
:=20 David Ryan says in Market Wizards that the PE (or the Value) is = important=20
(even Won does not say it) for
: the probabillity of a = good=20 breakout.
:
: I do belive that the market right now=20 differenciates, its not a nutty bull
market like in the 90s = where=20
: everything went up, no matter its fundamentals (in some = stages of=20 the bull
market).
:
: But the market is not so bad, = that it=20 sends down all stocks, it
differenciates, thats all...
: =
: I=20 do actually not care about the market direction too much. The only =
question that is interesting:
: Is there an area which is=20 profitable? (so far only on the long side) There
where 100000s = of long=20 chances even in 2000 and 2001.
:
: Are there Industry = Groups that=20 set up a bull market for its member stocks?
If yes, money is = around=20 the corner. Pick it up and ride it.
: Just look at stuff like = TARO,=20 MDCI, AHMH, BZH in 2001...
:
: December was pretty much = flat on=20 the Indexes, but it was a great month for
a lot of canslim = stocks.=20
:
: I acutally would like it if the Nasdaq would be still = on 2000=20 Points at
the end of the year, as long
: fundamentally = sound=20 stocks go up and grap goes down.
:
: The only moment you = have to=20 be aware of is the moment gets so bad, that
nothing works, = every=20 Industry Group
: goes down pricewise, everything rolls over, = no matter=20 how good the
fundamentals of the stocks. Then and only then =
: it=20 is time to get flat. In 2001 that was from August to the beginning = of=20
October.
:
: Sorry to be so opinionated.
:
: = Andreas=20
:
:
: > -----Ursprungliche Nachricht-----
: = > Von:=20 rolf hertenstein [SMTP:rolfh@mindspring.com]
: > Gesendet = am:=20 Sunday, January 13, 2002 5:54 PM
: > An: canslim@lists.xmission.com= =20
: > Betreff: Re: [CANSLIM] market direction
: > =
: >=20 I'm still concerned about the overall market valuation, which = remains=20
high.
: > Yes, as earnings improve, market P/Es should = lower,=20 assuming prices
: > don't accelerate faster than earnings = improve.=20
: >
: > Even though WON gives little credence to = P/Es, I'm=20 adding a P
: > (CANSLIMP ?) for the time being.  I = think many=20 investors will be spooked
: > by high P/Es (e.g., KKD) and = tend=20 towards solid companies with
relatively
: > low = P/Es. =20 Just one new investor's opinion.
: >
: >  Rolf =
:=20 >
: > ----- Original Message -----
: > From: "Dan = Forant"=20 <dforant1@nycap.rr.com>=20
: > To: <canslim@lists.xmission.com= >=20
: > Sent: Sunday, January 13, 2002 9:31 AM
: > = Subject: Re:=20 [CANSLIM] market direction
: >
: >
: > > I = have=20 been saying all along this is going to be a sloooooooowwwww,
: = >=20 > recovery. Well into the year. All we have to do is *read* the = news. I=20
: > listen
: > > to a local analyst here named = Larry=20 King, he's with Smith Barney. A
few
: > > weeks ago = he was=20 calling for a quick market return. Just Friday he
changed =
: >=20 > course and now calls for growth but very slow. Analysts jobs = from=20
: > brokerage
: > > houses are to soften the tone = of bad=20 news. They can even make it sound
: > good.
: > > = Sure=20 there are stocks out there that the savvy trader may pick, but on =
:=20 > > average not. It takes months to years for rate and tax = cuts to=20 filter
into
: > > the economy.
: > >
: = >=20 > DanF
: > >
: > >
: > > ----- = Original=20 Message -----
: > > From: "Kent Norman" <kent_norman@yahoo.com> =
:=20 > > To: "CANSLIM" <canslim@xmission.com> =
: >=20 > Sent: Sunday, January 13, 2002 10:11 AM
: > > = Subject:=20 [CANSLIM] market direction
: > >
: > >
: = > >=20 > Many "experts" are expecting the market to follow
: > = >=20 > tradition and rise in January and go flat to down for
: = > >=20 > a few months. Do you think this weeks 5 down days are
: = > >=20 > meaningful?
: > > >
: > > > I know = WON says=20 we don't need to be concerned with
: > > > where the = market=20 is heading, just where it is.
: > > >
: > > = > So=20 where is it? Is the party over? Should we all get
: > > = > out=20 of the pool?
: > > >
: > > > Kent Norman =
:=20 > > >
: > > >
: > > > = =3D=3D=3D=3D=3D
: >=20 > > Opportunities always look bigger going than coming. =
: >=20 > >
: > > >=20 __________________________________________________
: > > = > Do=20 You Yahoo!?
: > > > Send FREE video emails in Yahoo! = Mail!=20
: > > > http://promo.yahoo.com/videoma= il/=20
: > > >
: > > > -
: > > > = - -To=20 subscribe/unsubscribe, email "majordomo@xmission.com" =
:=20 > > > -In the email body, write "subscribe canslim" or =
: >=20 > > -"unsubscribe canslim".  Do not use quotes in your = email.=20
: > > >
: > >
: > >
: > = > -=20
: > > -To subscribe/unsubscribe, email "majordomo@xmission.com" =
:=20 > > -In the email body, write "subscribe canslim" or
: = > >=20 -"unsubscribe canslim".  Do not use quotes in your email. =
: >=20 >
: >
: >
: > -
: > -To=20 subscribe/unsubscribe, email "majordomo@xmission.com" =
:=20 > -In the email body, write "subscribe canslim" or
: >=20 -"unsubscribe canslim".  Do not use quotes in your email. =
:
:=20 -
: -To subscribe/unsubscribe, email "majordomo@xmission.com" =
: -In=20 the email body, write "subscribe canslim" or
: -"unsubscribe=20 canslim".  Do not use quotes in your email.
:
 =20

-
-To subscribe/unsubscribe, email "majordomo@xmission.com" =
-In=20 the email body, write "subscribe canslim" or
-"unsubscribe=20 canslim".  Do not use quotes in your=20 email.

- ------=_NextPart_000_008F_01C19DA3.87CBE040-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Tue, 15 Jan 2002 14:05:17 EST From: BIKEAR@aol.com Subject: Re: [CANSLIM] DFXI Is to extended to by dfxi at 34.08 ?..hope to hear - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Tue, 15 Jan 2002 20:15:19 +0100 From: Andreas Himmelreich Subject: AW: [CANSLIM] DFXI Pivot is around 33.50 so I would say its in range. Nevertheless I would be carefull right now, I already cut back positions (at least so I do not have any margin). If Intel has bad results we go south, if it has good results the market could hold up ... > -----Ursprungliche Nachricht----- > Von: BIKEAR@aol.com [SMTP:BIKEAR@aol.com] > Gesendet am: Tuesday, January 15, 2002 8:05 PM > An: canslim@lists.xmission.com > Betreff: Re: [CANSLIM] DFXI > > Is to extended to by dfxi at 34.08 ?..hope to hear > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Tue, 15 Jan 2002 14:49:52 EST From: BIKEAR@aol.com Subject: Re: AW: [CANSLIM] DFXI took my chance on dfxi and bought today when it dropped at 33.18 then turned around and put my stop in......... - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Tue, 15 Jan 2002 20:58:01 +0100 From: Andreas Himmelreich Subject: AW: AW: [CANSLIM] DFXI Good luck to us ... > -----Ursprungliche Nachricht----- > Von: BIKEAR@aol.com [SMTP:BIKEAR@aol.com] > Gesendet am: Tuesday, January 15, 2002 8:50 PM > An: canslim@lists.xmission.com > Betreff: Re: AW: [CANSLIM] DFXI > > took my chance on dfxi and bought today when it dropped at 33.18 then turned > around and put my stop in......... > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Tue, 15 Jan 2002 14:55:46 -0500 From: "Dave" Subject: RE: AW: [CANSLIM] DFXI Buying breakout pullbacks in this market is very risky. It dropped over one point on very heavy volume in a matter of minutes. This indicates distribution. I own DFXI from its breakout but I am afraid it's going to become yet another failure. > -----Original Message----- > From: owner-canslim@lists.xmission.com > [mailto:owner-canslim@lists.xmission.com]On Behalf Of BIKEAR@aol.com > Sent: Tuesday, January 15, 2002 2:50 PM > To: canslim@lists.xmission.com > Subject: Re: AW: [CANSLIM] DFXI > > > took my chance on dfxi and bought today when it dropped at > 33.18 then turned > around and put my stop in......... > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. > - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: 15 Jan 2002 15:29:36 -0800 From: "Tim Fisher" Subject: RE: AW: [CANSLIM] DFXI Relying on luck is a dangerous practice. M says to sell some positions right now. It does not say to add new positions. I will wait for another FT day to confirm that the rally is still in place (today was almost distribution IMHO). I sold another one today (CACI); down to SONC and that's it for CANSLIM. At 02:55 PM 1/15/2002 -0500, you wrote: >Buying breakout pullbacks in this market is very risky. It dropped over >one point on very heavy volume in a matter of minutes. This indicates >distribution. > >I own DFXI from its breakout but I am afraid it's going to become yet >another failure. > > > -----Original Message----- > > From: owner-canslim@lists.xmission.com > > [mailto:owner-canslim@lists.xmission.com]On Behalf Of BIKEAR@aol.com > > Sent: Tuesday, January 15, 2002 2:50 PM > > To: canslim@lists.xmission.com > > Subject: Re: AW: [CANSLIM] DFXI > > > > > > took my chance on dfxi and bought today when it dropped at > > 33.18 then turned > > around and put my stop in......... > > > > - > > -To subscribe/unsubscribe, email "majordomo@xmission.com" > > -In the email body, write "subscribe canslim" or > > -"unsubscribe canslim". Do not use quotes in your email. > > > > >- >-To subscribe/unsubscribe, email "majordomo@xmission.com" >-In the email body, write "subscribe canslim" or >-"unsubscribe canslim". Do not use quotes in your email. Tim Fisher Ore-ROCK-On Rockhounding Web Site Pacific Fishery Biologists Information mailto:tim@OreRockOn.com WWW http://OreRockOn.com - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Wed, 16 Jan 2002 01:42:27 +0100 From: Andreas Himmelreich Subject: AW: AW: [CANSLIM] DFXI I would not add positions right now as well, but I still belive that DFXI is a valid breakout within reach of the pivot. I will not loose on the trade since my SL is well above my purchase price. Yesterday was the first distribution day on that typical CANSLIM stocks got hammered since the beginning of December. Today my Watchlists did perform very well again. Overal Vol was well below yesterdays (1,675,718,000 versus 180,000,000 on the nasdaq). I am still bullish but carefull ... > -----Ursprungliche Nachricht----- > Von: Tim Fisher [SMTP:Tim@orerockon.com] > Gesendet am: Wednesday, January 16, 2002 12:30 AM > An: canslim@lists.xmission.com > Betreff: RE: AW: [CANSLIM] DFXI > > Relying on luck is a dangerous practice. M says to sell some positions > right now. It does not say to add new positions. I will wait for another FT > day to confirm that the rally is still in place (today was almost > distribution IMHO). I sold another one today (CACI); down to SONC and > that's it for CANSLIM. > > At 02:55 PM 1/15/2002 -0500, you wrote: > >Buying breakout pullbacks in this market is very risky. It dropped over > >one point on very heavy volume in a matter of minutes. This indicates > >distribution. > > > >I own DFXI from its breakout but I am afraid it's going to become yet > >another failure. > > > > > -----Original Message----- > > > From: owner-canslim@lists.xmission.com > > > [mailto:owner-canslim@lists.xmission.com]On Behalf Of BIKEAR@aol.com > > > Sent: Tuesday, January 15, 2002 2:50 PM > > > To: canslim@lists.xmission.com > > > Subject: Re: AW: [CANSLIM] DFXI > > > > > > > > > took my chance on dfxi and bought today when it dropped at > > > 33.18 then turned > > > around and put my stop in......... > > > > > > - > > > -To subscribe/unsubscribe, email "majordomo@xmission.com" > > > -In the email body, write "subscribe canslim" or > > > -"unsubscribe canslim". Do not use quotes in your email. > > > > > > > > >- > >-To subscribe/unsubscribe, email "majordomo@xmission.com" > >-In the email body, write "subscribe canslim" or > >-"unsubscribe canslim". Do not use quotes in your email. > > Tim Fisher > Ore-ROCK-On Rockhounding Web Site > Pacific Fishery Biologists Information > mailto:tim@OreRockOn.com > WWW http://OreRockOn.com > > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Tue, 15 Jan 2002 21:57:16 -0500 From: "Ann" Subject: Re: [CANSLIM] market direction/EFTs This is a multi-part message in MIME format. - ------=_NextPart_000_002C_01C19E0F.989CDE80 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable That makes me feel better. I figured I was missing something before. ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, January 15, 2002 10:03 AM Subject: Re: [CANSLIM] market direction/EFTs Sorry, that was a typo...It should have read 3/21/00 and should read = (465 days). Thanks for pointing that out. Katherine ----- Original Message -----=20 From: Gyorgy Veszpremi=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, January 15, 2002 9:01 AM Subject: Re: [CANSLIM] market direction/EFTs Actually the bull market top was in March of 2000.=20 Katherine Malm wrote:=20 Here's a good way to look at the relative performance of the = markets since key dates: I like to see these in bar chart view, but you = can use line charts as well, as both are available: Look at comparisons = from key dates to Friday's close (1/11/02): Bull market top: 3/21/2001 = (202 days)Latest market peak: 5/21/2001 (160 days)Follow-thru day: = 9/28/2001 (73 days) This will give you a comparison between Russell 2000 = (small cap), MidCap, Large Cap, Naz100 (large cap tech), Dow and total = market = proxies:http://stockcharts.com/webcgi/wb.exe?Perf.web+IWM,MDY,QQQ,DIA,IYY= There is a bar at the bottom of the chart that you can stretch to the = days right and left that you want to consider once the chart is built. = Roll your cursor over the chart and the key information for each index = will pop up. This will give you a comparison between styles Sm Cap = Growth, Mid Cap Growth, Lg Cap Growth,Sm Cap Val, Mid Cap Val, Lg Cap = Val. Again, run these from the key date until today and you will be able = to make your own conclusions about = growth/value.http://stockcharts.com/webcgi/wb.exe?Perf.web+IJT,IJK,IVW,IJ= S,IJJ,IVE For a more general comparison between growth, value, total = market, try:http://stockcharts.com/webcgi/wb.exe?Perf.web+IWZ,IWW,IYY = Katherine=20 ----- Original Message ----- From: Ann To: canslim@lists.xmission.com Sent: Sunday, January 13, 2002 12:05 PM Subject: Re: [CANSLIM] market direction/EFTs Thanks for your response, Andreas. I think I see what you are = saying.=20 I invested in a SmallCap EFT recently, and was wondering whether = I should=20 have!=20 ----- Original Message -----=20 From: "Andreas Himmelreich" =20 To: =20 Sent: Sunday, January 13, 2002 12:27 PM=20 Subject: AW: [CANSLIM] market direction=20 =20 : You do not have to buy stocks with high PEs. Just go into = value and growth=20 and=20 : let the BOs of ultra High PE stocks fail.=20 :=20 : David Ryan says in Market Wizards that the PE (or the Value) = is important=20 (even Won does not say it) for=20 : the probabillity of a good breakout.=20 :=20 : I do belive that the market right now differenciates, its not = a nutty bull=20 market like in the 90s where=20 : everything went up, no matter its fundamentals (in some stages = of the bull=20 market).=20 :=20 : But the market is not so bad, that it sends down all stocks, = it=20 differenciates, thats all...=20 :=20 : I do actually not care about the market direction too much. = The only=20 question that is interesting:=20 : Is there an area which is profitable? (so far only on the long = side) There=20 where 100000s of long chances even in 2000 and 2001.=20 :=20 : Are there Industry Groups that set up a bull market for its = member stocks?=20 If yes, money is around the corner. Pick it up and ride it.=20 : Just look at stuff like TARO, MDCI, AHMH, BZH in 2001...=20 :=20 : December was pretty much flat on the Indexes, but it was a = great month for=20 a lot of canslim stocks.=20 :=20 : I acutally would like it if the Nasdaq would be still on 2000 = Points at=20 the end of the year, as long=20 : fundamentally sound stocks go up and grap goes down.=20 :=20 : The only moment you have to be aware of is the moment gets so = bad, that=20 nothing works, every Industry Group=20 : goes down pricewise, everything rolls over, no matter how good = the=20 fundamentals of the stocks. Then and only then=20 : it is time to get flat. In 2001 that was from August to the = beginning of=20 October.=20 :=20 : Sorry to be so opinionated.=20 :=20 : Andreas=20 :=20 :=20 : > -----Ursprungliche Nachricht-----=20 : > Von: rolf hertenstein [SMTP:rolfh@mindspring.com]=20 : > Gesendet am: Sunday, January 13, 2002 5:54 PM=20 : > An: canslim@lists.xmission.com=20 : > Betreff: Re: [CANSLIM] market direction=20 : >=20 : > I'm still concerned about the overall market valuation, = which remains=20 high.=20 : > Yes, as earnings improve, market P/Es should lower, assuming = prices=20 : > don't accelerate faster than earnings improve.=20 : >=20 : > Even though WON gives little credence to P/Es, I'm adding a = P=20 : > (CANSLIMP ?) for the time being. I think many investors = will be spooked=20 : > by high P/Es (e.g., KKD) and tend towards solid companies = with=20 relatively=20 : > low P/Es. Just one new investor's opinion.=20 : >=20 : > Rolf=20 : >=20 : > ----- Original Message -----=20 : > From: "Dan Forant" =20 : > To: =20 : > Sent: Sunday, January 13, 2002 9:31 AM=20 : > Subject: Re: [CANSLIM] market direction=20 : >=20 : >=20 : > > I have been saying all along this is going to be a = sloooooooowwwww,=20 : > > recovery. Well into the year. All we have to do is *read* = the news. I=20 : > listen=20 : > > to a local analyst here named Larry King, he's with Smith = Barney. A=20 few=20 : > > weeks ago he was calling for a quick market return. Just = Friday he=20 changed=20 : > > course and now calls for growth but very slow. Analysts = jobs from=20 : > brokerage=20 : > > houses are to soften the tone of bad news. They can even = make it sound=20 : > good.=20 : > > Sure there are stocks out there that the savvy trader may = pick, but on=20 : > > average not. It takes months to years for rate and tax = cuts to filter=20 into=20 : > > the economy.=20 : > >=20 : > > DanF=20 : > >=20 : > >=20 : > > ----- Original Message -----=20 : > > From: "Kent Norman" =20 : > > To: "CANSLIM" =20 : > > Sent: Sunday, January 13, 2002 10:11 AM=20 : > > Subject: [CANSLIM] market direction=20 : > >=20 : > >=20 : > > > Many "experts" are expecting the market to follow=20 : > > > tradition and rise in January and go flat to down for=20 : > > > a few months. Do you think this weeks 5 down days are=20 : > > > meaningful?=20 : > > >=20 : > > > I know WON says we don't need to be concerned with=20 : > > > where the market is heading, just where it is.=20 : > > >=20 : > > > So where is it? Is the party over? Should we all get=20 : > > > out of the pool?=20 : > > >=20 : > > > Kent Norman=20 : > > >=20 : > > >=20 : > > > =3D=3D=3D=3D=3D=20 : > > > Opportunities always look bigger going than coming.=20 : > > >=20 : > > > __________________________________________________=20 : > > > Do You Yahoo!?=20 : > > > Send FREE video emails in Yahoo! Mail!=20 : > > > http://promo.yahoo.com/videomail/=20 : > > >=20 : > > > -=20 : > > > -To subscribe/unsubscribe, email = "majordomo@xmission.com"=20 : > > > -In the email body, write "subscribe canslim" or=20 : > > > -"unsubscribe canslim". Do not use quotes in your = email.=20 : > > >=20 : > >=20 : > >=20 : > > -=20 : > > -To subscribe/unsubscribe, email "majordomo@xmission.com"=20 : > > -In the email body, write "subscribe canslim" or=20 : > > -"unsubscribe canslim". Do not use quotes in your email.=20 : > >=20 : >=20 : >=20 : > -=20 : > -To subscribe/unsubscribe, email "majordomo@xmission.com"=20 : > -In the email body, write "subscribe canslim" or=20 : > -"unsubscribe canslim". Do not use quotes in your email.=20 :=20 : -=20 : -To subscribe/unsubscribe, email "majordomo@xmission.com"=20 : -In the email body, write "subscribe canslim" or=20 : -"unsubscribe canslim". Do not use quotes in your email.=20 :=20 =20 -=20 -To subscribe/unsubscribe, email "majordomo@xmission.com"=20 -In the email body, write "subscribe canslim" or=20 -"unsubscribe canslim". Do not use quotes in your email. - ------=_NextPart_000_002C_01C19E0F.989CDE80 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
That makes me feel better. I figured I was missing = something=20 before.
----- Original Message -----
From:=20 Katherine=20 Malm
Sent: Tuesday, January 15, 2002 = 10:03=20 AM
Subject: Re: [CANSLIM] market=20 direction/EFTs

Sorry, that was a typo...It should have read 3/21/00 and should = read (465=20 days). Thanks for pointing that out.
 
Katherine
----- Original Message -----
From:=20 Gyorgy=20 Veszpremi
Sent: Tuesday, January 15, = 2002 9:01=20 AM
Subject: Re: [CANSLIM] market = direction/EFTs

Actually the bull market top was in March of 2000.=20

Katherine Malm wrote:=20

Here's a good way to look at the relative performance of the = markets since=20 key dates: I like to see these in bar chart view, but you can = use=20 line charts as well, as both are available: Look at = comparisons from=20 key dates to Friday's close (1/11/02): Bull market top: = 3/21/2001=20 (202 days)Latest market peak: 5/21/2001 (160 days)Follow-thru day: = 9/28/2001 (73 days) This will give you a comparison between = Russell=20 2000 (small cap), MidCap, Large Cap, Naz100 (large cap tech), Dow = and=20 total market proxies:http://stockcharts.com/webcgi/wb.exe?Perf.web+IWM,MDY,QQQ,DIA,IYYTh= ere=20 is a bar at the bottom of the chart that you can stretch to the = days right=20 and left that you want to consider once the chart is built. Roll = your=20 cursor over the chart and the key information for each index will = pop=20 up. This will give you a comparison between styles Sm Cap = Growth, Mid=20 Cap Growth, Lg Cap Growth,Sm Cap Val, Mid Cap Val, Lg Cap Val. = Again, run=20 these from the key date until today and you will be able to make = your own=20 conclusions about growth/value.http://stockcharts.com/webcgi/wb.exe?Perf.web+IJT,IJK,IVW,IJS,IJJ,I= VE For=20 a more general comparison between growth, value, total market, = try:http:/= /stockcharts.com/webcgi/wb.exe?Perf.web+IWZ,IWW,IYY Katherine=20
----- Original Message = - -----
From:=20 Ann
To: canslim@lists.xmission.com=
Sent: Sunday, January 13, = 2002=20 12:05 PM
Subject: Re: [CANSLIM] = market=20 direction/EFTs
 Thanks for your response, Andreas. I = think I=20 see what you are saying.
I invested in a SmallCap EFT = recently, and=20 was wondering whether I should
have!
----- Original = Message=20 -----
From: "Andreas Himmelreich" <judgejimmy@web.de> =
To: <canslim@lists.xmission.com= >=20
Sent: Sunday, January 13, 2002 12:27 PM
Subject: AW: = [CANSLIM]=20 market direction
 =20

: You do not have to buy stocks with high PEs. Just go into = value and=20 growth
and
: let the BOs of ultra High PE stocks fail. =
:=20
: David Ryan says in Market Wizards that the PE (or the = Value) is=20 important
(even Won does not say it) for
: the = probabillity of a=20 good breakout.
:
: I do belive that the market right now = differenciates, its not a nutty bull
market like in the 90s = where=20
: everything went up, no matter its fundamentals (in some = stages of=20 the bull
market).
:
: But the market is not so bad, = that it=20 sends down all stocks, it
differenciates, thats all...
: =
: I=20 do actually not care about the market direction too much. The = only=20
question that is interesting:
: Is there an area which = is=20 profitable? (so far only on the long side) There
where = 100000s of=20 long chances even in 2000 and 2001.
:
: Are there = Industry=20 Groups that set up a bull market for its member stocks?
If = yes,=20 money is around the corner. Pick it up and ride it.
: Just = look at=20 stuff like TARO, MDCI, AHMH, BZH in 2001...
:
: December = was=20 pretty much flat on the Indexes, but it was a great month for =
a lot=20 of canslim stocks.
:
: I acutally would like it if the = Nasdaq=20 would be still on 2000 Points at
the end of the year, as = long
:=20 fundamentally sound stocks go up and grap goes down.
:
: = The=20 only moment you have to be aware of is the moment gets so bad, = that=20
nothing works, every Industry Group
: goes down = pricewise,=20 everything rolls over, no matter how good the
fundamentals = of the=20 stocks. Then and only then
: it is time to get flat. In 2001 = that=20 was from August to the beginning of
October.
:
: = Sorry to be=20 so opinionated.
:
: Andreas
:
:
: >=20 -----Ursprungliche Nachricht-----
: > Von: rolf = hertenstein=20 [SMTP:rolfh@mindspring.com]
: > Gesendet am: Sunday, = January 13,=20 2002 5:54 PM
: > An: canslim@lists.xmission.com= =20
: > Betreff: Re: [CANSLIM] market direction
: > =
: >=20 I'm still concerned about the overall market valuation, which = remains=20
high.
: > Yes, as earnings improve, market P/Es = should lower,=20 assuming prices
: > don't accelerate faster than earnings = improve.
: >
: > Even though WON gives little = credence to=20 P/Es, I'm adding a P
: > (CANSLIMP ?) for the time = being.  I=20 think many investors will be spooked
: > by high P/Es = (e.g., KKD)=20 and tend towards solid companies with
relatively
: > = low=20 P/Es.  Just one new investor's opinion.
: >
: = > =20 Rolf
: >
: > ----- Original Message -----
: = > From:=20 "Dan Forant" <dforant1@nycap.rr.com> =
:=20 > To: <canslim@lists.xmission.com= >=20
: > Sent: Sunday, January 13, 2002 9:31 AM
: > = Subject:=20 Re: [CANSLIM] market direction
: >
: >
: > = > I=20 have been saying all along this is going to be a = sloooooooowwwww,
:=20 > > recovery. Well into the year. All we have to do is = *read* the=20 news. I
: > listen
: > > to a local analyst = here named=20 Larry King, he's with Smith Barney. A
few
: > > = weeks ago=20 he was calling for a quick market return. Just Friday he =
changed=20
: > > course and now calls for growth but very slow. = Analysts=20 jobs from
: > brokerage
: > > houses are to = soften the=20 tone of bad news. They can even make it sound
: > good. =
:=20 > > Sure there are stocks out there that the savvy trader = may=20 pick, but on
: > > average not. It takes months to = years for=20 rate and tax cuts to filter
into
: > > the = economy.
:=20 > >
: > > DanF
: > >
: > > =
:=20 > > ----- Original Message -----
: > > From: = "Kent=20 Norman" <kent_norman@yahoo.com> =
:=20 > > To: "CANSLIM" <canslim@xmission.com>
:=20 > > Sent: Sunday, January 13, 2002 10:11 AM
: > = >=20 Subject: [CANSLIM] market direction
: > >
: > = >=20
: > > > Many "experts" are expecting the market to = follow=20
: > > > tradition and rise in January and go flat = to down=20 for
: > > > a few months. Do you think this weeks 5 = down=20 days are
: > > > meaningful?
: > > > =
:=20 > > > I know WON says we don't need to be concerned = with
:=20 > > > where the market is heading, just where it is. =
: >=20 > >
: > > > So where is it? Is the party = over? Should=20 we all get
: > > > out of the pool?
: > > = >=20
: > > > Kent Norman
: > > >
: > = >=20 >
: > > > =3D=3D=3D=3D=3D
: > > > = Opportunities=20 always look bigger going than coming.
: > > >
: = >=20 > > __________________________________________________ =
: >=20 > > Do You Yahoo!?
: > > > Send FREE video = emails in=20 Yahoo! Mail!
: > > > http://promo.yahoo.com/videoma= il/=20
: > > >
: > > > -
: > > > = - -To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
: = > > > -In the email body, write "subscribe canslim" or =
:=20 > > > -"unsubscribe canslim".  Do not use quotes = in your=20 email.
: > > >
: > >
: > > =
: >=20 > -
: > > -To subscribe/unsubscribe, email "majordomo@xmission.com"
: = > > -In the email body, write "subscribe canslim" or
: = >=20 > -"unsubscribe canslim".  Do not use quotes in your = email.=20
: > >
: >
: >
: > -
: > = - -To=20 subscribe/unsubscribe, email "majordomo@xmission.com"
: = > -In the email body, write "subscribe canslim" or
: > = -"unsubscribe canslim".  Do not use quotes in your email. =
:=20
: -
: -To subscribe/unsubscribe, email "majordomo@xmission.com"
: = -In the email body, write "subscribe canslim" or
: = - -"unsubscribe=20 canslim".  Do not use quotes in your email.
: =
 =20

-
-To subscribe/unsubscribe, email "majordomo@xmission.com" =
-In=20 the email body, write "subscribe canslim" or
-"unsubscribe=20 canslim".  Do not use quotes in your=20 = email.

- ------=_NextPart_000_002C_01C19E0F.989CDE80-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ End of canslim-digest V2 #2039 ****************************** 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.