From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #2109 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, February 5 2002 Volume 02 : Number 2109 In this issue: Re: 20dEMA (was: [CANSLIM] MGAM) Re: [CANSLIM] Non Canslim Re: 20dEMA (was: [CANSLIM] MGAM) [CANSLIM] Diss day Re: [CANSLIM] Worley's Weekend Weeview Re: [CANSLIM] CANSLIM - TC2000 [CANSLIM] Acc/Dis numbers -- market in correction [CANSLIM] Home builders, gaming stocks Re: [CANSLIM] Home builders, gaming stocks AW: [CANSLIM] Non Canslim SHORTS Re: [CANSLIM] Non Canslim SHORTS AW: [CANSLIM] Non Canslim SHORTS AW: [CANSLIM] Non Canslim SHORTS ---------------------------------------------------------------------- Date: Mon, 4 Feb 2002 12:22:15 -0600 From: "Katherine Malm" Subject: Re: 20dEMA (was: [CANSLIM] MGAM) This is a multi-part message in MIME format. - ------=_NextPart_000_0061_01C1AD76.94D4BA40 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Patrick, Could you talk more about how and why you use the 20dEMA? Thanks, Katherine ----- Original Message -----=20 From: Patrick Wahl=20 To: canslim@lists.xmission.com=20 Sent: Monday, February 04, 2002 12:18 PM Subject: Re: [CANSLIM] MGAM One further comment - look at DFXI for what might happen(who knows = what will=20 happen with these things) with MGAM. After DFXI gapped up to 36, it = traded=20 sideways to down for the next few days, finding support at a 20 day = EMA, about at=20 the pivot point, bouncing back up from there, although only briefly. - ------=_NextPart_000_0061_01C1AD76.94D4BA40 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Patrick,
 
Could you talk more about how and why you use the 20dEMA?
 
Thanks,
Katherine
----- Original Message -----
From:=20 Patrick = Wahl=20
To: canslim@lists.xmission.com=
Sent: Monday, February 04, 2002 = 12:18=20 PM
Subject: Re: [CANSLIM] = MGAM

One further comment - look at DFXI for what might = happen(who=20 knows what will
happen with these things) with MGAM.  After = DFXI=20 gapped up to 36, it traded
sideways to down for the next few days, = finding=20 support at a 20 day EMA,  about at
the pivot point, bouncing = back up=20 from there, although only briefly.
- ------=_NextPart_000_0061_01C1AD76.94D4BA40-- - - - -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: Mon, 4 Feb 2002 10:28:12 -0800 (PST) From: Eric Jaenike Subject: Re: [CANSLIM] Non Canslim - --0-634507482-1012847292=:62323 Content-Type: text/plain; charset=us-ascii On another note, I used to use Etrade but switched. They are fine if you don't have any disputes with them, but they will do absolutely nothing to help you if you do. I had a trade dispute with them about 18 months ago, and finally received a several thousand dollar credit from them. However, I was only able to accomplish this because I used to work at Merrill Lynch, and was familiar with how their trading operations functioned. Without the background to press my case, I would have been summarily denied restitution, which was the tactic they employed initially with me. I have heard similar complaints from several other sources. I now trade with Schwab, and am quite satisfied with their services. Eric Perry Stanfield wrote: Nasty chart Andreas............good find. Hard to imagine some poor guy contributing that uptick........... Perry ----- Original Message ----- From: Katherine Malm To: canslim@lists.xmission.com Sent: Monday, February 04, 2002 7:00 AMSubject: Re: [CANSLIM] Non Canslim Hi Andreas, One reason why it may have been denied at ETrade is that they may not have any shares available to borrow against for your short. This is one of those times where having a different broker has its advantages. There should be no reason that your ET should require a sell limit order for shorting. You should be able to sell short at market. Only one quick uptick this morning so far at 9:40EST, so if the shares were available you (theoretically) would have been able to get a fill. Katherine----- Original Message ----- From: Andreas Himmelreich To: canslim@lists.xmission.com Sent: Monday, February 04, 2002 8:47 AMSubject: [CANSLIM] Non Canslim Hi, I want to my first short sell I ever did and somehow got problems with it (it gets denied at Etrade) I have a margin account and it should be possible for me to do it. Do I have to put in a sell limit? I know there has to be an uptick, so the sell will take place. Something else to know? Oh, the share in question is TPC See you Andreas - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. - --------------------------------- Do You Yahoo!? Yahoo! Auctions Great stuff seeking new owners! Bid now! - --0-634507482-1012847292=:62323 Content-Type: text/html; charset=us-ascii

On another note, I used to use Etrade but switched. They are fine if you don't have any disputes with them, but they will do absolutely nothing to help you if you do.

I had a trade dispute with them about 18 months ago, and finally received a several thousand dollar credit from them. However, I was only able to accomplish this because I used to work at Merrill Lynch, and was familiar with how their trading operations functioned. Without the background to press my case, I would have been summarily denied restitution, which was the tactic they employed initially with me.

I have heard similar complaints from several other sources.

I now trade with Schwab, and am quite satisfied with their services.

Eric

  Perry Stanfield <mpstan@attbi.com> wrote:

Nasty chart Andreas............good find.  Hard to imagine some poor guy contributing that uptick...........
 
Perry
 
 
----- Original Message -----
Sent: Monday, February 04, 2002 7:00 AM
Subject: Re: [CANSLIM] Non Canslim

Hi Andreas,
 
One reason why it may have been denied at ETrade is that they may not have any shares available to borrow against for your short. This is one of those times where having a different broker has its advantages. There should be no reason that your ET should require a sell limit order for shorting. You should be able to sell short at market. Only one quick uptick this morning so far at 9:40EST, so if the shares were available you (theoretically) would have been able to get a fill.
 
Katherine
----- Original Message -----
Sent: Monday, February 04, 2002 8:47 AM
Subject: [CANSLIM] Non Canslim

Hi,

I want to my first short sell I ever did and somehow got problems with it (it gets denied at Etrade)

I have a margin account and it should be possible for me to do it.
Do I have to put in a sell limit?
I know there has to be an uptick, so the sell will take place.
Something else to know?

Oh, the share in question is TPC

See you

Andreas

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


Do You Yahoo!?
Yahoo! Auctions Great stuff seeking new owners! Bid now! - --0-634507482-1012847292=:62323-- - - - -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: Mon, 4 Feb 2002 12:06:53 -0700 From: "Patrick Wahl" Subject: Re: 20dEMA (was: [CANSLIM] MGAM) Ok, the long and slightly disjointed version goes like this - I picked up on it in a book on swing trading called "Street Smarts" by Linda Raschke and Larry Connors. They use it as support/resistance on strongly trending stocks, either direction. They combine that with the ADX for identifying which stocks or futures are in a strong trend, then wait for a pullback to the 20 day EMA. (if you look at the nasdaq futures today on a 5 minute chart, you can see they tracked the 20 period ema for about 20 minutes starting around 12:30 before selling off again) I think that the 20 day EMA is a level that a lot of traders watch, I don't suppose there is anything magical about a 20 period EMA, I think perhaps like the 50 day MA in stocks, it is a closely watched indicator and there is a bit of a self-fulfilling tendency there. I suppose in some sense it is a way of giving the market a little bit of structure, always watching an average of a certain length, always dealing with price in a consistent manner, if that makes any sense. In general I am not that big on indicators. They are all price based, they are all closely correlated since derived from the same numbers, they really don't show you anything that is not already reflected in the price itself. They do provide a bit of smoothing to what the underlying price is doing, and they will show divergences more clearly at times, but I think new traders can get a bit indicator happy and make more of them than is really there. Somewhere on Linda Rashcke's site she says roughly the same thing, says she pretty much sticks to the 20 period EMA, ADX, and a 3-10 oscillator. Pick a few indicators and learn how to use them, don't worry about the 100 indictors that come with a charting package. (I know this is getting a bit far removed from the original question and CANSLIM too, I just like an excuse to rant about this subject) If you have any further questions, let me know, I can reply privately so we don't get too off topic on the list.... On 4 Feb 2002 at 12:22, Katherine Malm wrote: > Patrick, > > Could you talk more about how and why you use the 20dEMA? > > Thanks, > Katherine > ----- Original Message ----- > From: Patrick Wahl > To: canslim@lists.xmission.com > Sent: Monday, February 04, 2002 12:18 PM > Subject: Re: [CANSLIM] MGAM > > > One further comment - look at DFXI for what might happen(who knows what will > happen with these things) with MGAM. After DFXI gapped up to 36, it traded > sideways to down for the next few days, finding support at a 20 day EMA, about at > the pivot point, bouncing back up from there, although only briefly. > > - - - -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: Mon, 4 Feb 2002 23:47:22 +0100 From: Andreas Himmelreich Subject: [CANSLIM] Diss day Another one ... - - - -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: Mon, 4 Feb 2002 17:16:16 -0600 From: "Ricardo Bekin" Subject: Re: [CANSLIM] Worley's Weekend Weeview This is a multi-part message in MIME format. - ------=_NextPart_000_0023_01C1AD9F.A7CCB2A0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi Tom, I wanted to thank you for putting together your weekly review, = it's really great on the topic of GDP, there are two things that bother me and I have not = seen them mentioned anywhere first, the .2% number that got widely quoted is real GDP, of course the thing that bothers me is that last quarter nominal GDP actually = dropped, the reason real GDP was up is that the GDP deflator dropped = (mainly a result of energy price declines, I am sure) and how frequently does that happen? since 1946 (the start of quarterly = data) the GDP deflator dropped fewer that 1/2 a dozen times, the last = time was in the early 50s! so what we are seeing now is VERY rare the risk is that the GDP deflator may get revised to a more "normal" = number, and that by itself will change the plus to a minus the other problem: spending on "motor vehicles and parts" increased from $361.5 billion = (real) to $419.2 billion, obviously as a result of the incentives being = offered in November without that increase, real GDP would have been $9257.9, and the 0.2% = would have been a -2.2%! (I know that is not strictly correct because if = the money had not been spent on autos, a large part of it would have = been spent elsewhere, but you see my point) Ricardo not an economist ----- Original Message -----=20 4th qtr GDP surprised most by increasing 0.2% annualized, instead of = the expected 1.1% drop. Unless later revised to a negative #, this means = by traditional measures we never went into a recession (and remember I = suggested that possibility about 3 months ago!!). And, of course, the = experts at the Nat'l Bureau of Economic Research says this doesn't = change their opinion one bit that we went into recession in March when = growth slowed. One contributing component was another sharp drop in = inventories. - ------=_NextPart_000_0023_01C1AD9F.A7CCB2A0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Hi Tom, I wanted to thank you for = putting together=20 your weekly review, it's really great
 
on the topic of GDP, there are two = things that=20 bother me and I have not seen them mentioned anywhere
 
first, the .2% number that got widely = quoted is=20 real GDP, of course
 
the thing that bothers me is that last = quarter=20 nominal GDP actually dropped, the reason real GDP was up is that = the GDP=20 deflator dropped (mainly a result of energy  price declines, = I am=20 sure)
 
and how frequently does that happen? = since 1946=20 (the start of quarterly data) the GDP deflator dropped fewer that 1/2 a = dozen=20 times, the last time was in the early 50s! so what we are seeing now is = VERY=20 rare
 
the risk is that the GDP deflator may = get revised=20 to a more "normal" number, and = that by=20 itself will change the plus to a minus
 
the other problem:
 
spending on "motor vehicles and parts" = increased=20 from $361.5 billion (real) to $419.2 billion, obviously as a result of = the=20 incentives being offered in November
 
without that increase, real GDP would = have been=20 $9257.9, and the 0.2% would have been a -2.2%! (I know that is not = strictly=20 correct because if the money had not been spent on autos, a large part = of it=20 would have been spent elsewhere, but you see my point)
 
Ricardo
    not an = economist
----- Original Message ----- =
4th qtr GDP surprised most by increasing 0.2% annualized, instead = of the=20 expected 1.1% drop. Unless later revised to a negative #, this means = by=20 traditional measures we never went into a recession (and remember I = suggested=20 that possibility about 3 months ago!!). And, of course, the experts at = the=20 Nat'l Bureau of Economic Research says this doesn't change their = opinion one=20 bit that we went into recession in March when growth slowed. One = contributing=20 component was another sharp drop in inventories.
 
 
- ------=_NextPart_000_0023_01C1AD9F.A7CCB2A0-- - - - -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: Mon, 4 Feb 2002 19:04:41 -0500 From: "Dan Forant" Subject: Re: [CANSLIM] CANSLIM - TC2000 Very good program, I use it along with TCcompanion (free) and TCscan+ $249 (has a free trial period also. L8ter DanF - ----- Original Message ----- From: "Rich W" To: Sent: Monday, February 04, 2002 11:20 AM Subject: Re: [CANSLIM] CANSLIM - TC2000 > Try this site, has given me a lot of great scans. > plus there a lot of other programs that use TC2000 data > > http://www.tradeon.com/tradeon/tc2000/index.html > > I also use DGO and the new Beta site is great for finding candidates > Rich > > > > > - > -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: Mon, 4 Feb 2002 20:13:45 -0500 From: Robert Subject: [CANSLIM] Acc/Dis numbers -- market in correction - ------ =_NextPart_000_01C1ADB8.73FC8040 Content-Type: text/plain; charset="us-ascii" Content-Transfer-Encoding: 7bit Here are the latest Acc/Dis numbers: spread sheet version Date,A,B,C,D,E,% of AB/A:E,%E,Market Posture 1/22/02,869,2407,1193,825,235,59%,4%,Market in correction 1/23/02,815,2380,1213,856,256,58%,5%,Market in correction 1/24/02,770,2332,1222,897,273,56%,5%,Market in correction 1/25/02,823,2401,1163,845,270,59%,5%,Market in correction 1/28/02,850,2414,1142,837,272,59%,5%,Market in correction 1/29/02,861,2383,1149,850,267,59%,5%,Market in correction 1/30/02,883,2374,1126,839,291,59%,5%,Market in correction 1/31/02,787,2282,1207,904,324,56%,6%,Market in correction 2/1/02,805,2335,1180,869,304,57%,6%,Market in correction 2/4/02,881,2370,1176,784,297,59%,5%,Market in correction Robert - ------ =_NextPart_000_01C1ADB8.73FC8040-- - - - -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, 5 Feb 2002 00:31:38 -0500 From: "Tom Worley" Subject: [CANSLIM] Home builders, gaming stocks This is a multi-part message in MIME format. - ------=_NextPart_000_0072_01C1ADDC.797D7500 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Looks like both suffered an across the board case of profit taking. Tom Worley stkguru@netside.net AIM: TexWorley - ------=_NextPart_000_0072_01C1ADDC.797D7500 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Looks like both suffered an across the board = case of=20 profit taking.
 
Tom Worley
stkguru@netside.net
AIM:=20 TexWorley
- ------=_NextPart_000_0072_01C1ADDC.797D7500-- - - - -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, 05 Feb 2002 14:32:39 +0700 From: Peter Christiansen Subject: Re: [CANSLIM] Home builders, gaming stocks

Both BZH and NVR held up just fine.  They will probably get creamed, now that I mentioned them.  MGAM got whacked pretty good.

Peter

At 12:31 AM 2/5/2002 -0500, you wrote:
Looks like both suffered an across the board case of profit taking.
 
Tom Worley
stkguru@netside.net
AIM: TexWorley
- - - -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, 5 Feb 2002 02:10:07 +0100 From: Andreas Himmelreich Subject: AW: [CANSLIM] Non Canslim SHORTS TPC Down 25% ... here other shorts I consider --> PCS CIEN MOT CEPH (watch) > -----Ursprungliche Nachricht----- > Von: Eric Jaenike [SMTP:ericjaenike@yahoo.com] > Gesendet am: Monday, February 04, 2002 7:28 PM > An: canslim@lists.xmission.com > Betreff: Re: [CANSLIM] Non Canslim > > > On another note, I used to use Etrade but switched. They are fine if you don't have any disputes with them, but they will do absolutely nothing to help you if you do. > I had a trade dispute with them about 18 months ago, and finally received a several thousand dollar credit from them. However, I was only able to accomplish this because I used to work at Merrill Lynch, and was familiar with how their trading operations functioned. Without the background to press my case, I would have been summarily denied restitution, which was the tactic they employed initially with me. > I have heard similar complaints from several other sources. > I now trade with Schwab, and am quite satisfied with their services. > Eric > Perry Stanfield wrote: Nasty chart Andreas............good find. Hard to imagine some poor guy contributing that uptick........... Perry ----- Original Message ----- From: Katherine Malm To: canslim@lists.xmission.com Sent: Monday, February 04, 2002 7:00 AMSubject: Re: [CANSLIM] Non Canslim > Hi Andreas, One reason why it may have been denied at ETrade is that they may not have any shares available to borrow against for your short. This is one of those times where having a different broker has its advantages. There should be no reason that your ET should require a sell limit order for shorting. You should be able to sell short at market. Only one quick uptick this morning so far at 9:40EST, so if the shares were available you (theoretically) would have been able to get a fill. Katherine----- Original Message ----- From: Andreas Himmelreich To: canslim@lists.xmission.com Sent: Monday, February 04, 2002 8:47 AMSubject: [CANSLIM] Non Canslim > Hi, > > I want to my first short sell I ever did and somehow got problems with it (it gets denied at Etrade) > > I have a margin account and it should be possible for me to do it. > Do I have to put in a sell limit? > I know there has to be an uptick, so the sell will take place. > Something else to know? > > Oh, the share in question is TPC > > See you > > Andreas > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. > > > --------------------------------- > Do You Yahoo!? > Yahoo! Auctions Great stuff seeking new owners! Bid now! << Datei: ATT00001.htm >> - - - -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, 5 Feb 2002 08:10:07 -0500 From: "Tom Worley" Subject: Re: [CANSLIM] Non Canslim SHORTS Andreas, They all look like the bad news is already priced in. Why do you believe they will fall further? All already have shown major declines, some have little value left to decline further. To me, that makes them even higher risk than I like with a short. Tom Worley stkguru@netside.net AIM: TexWorley - ----- Original Message ----- From: "Andreas Himmelreich" To: Sent: Monday, February 04, 2002 8:10 PM Subject: AW: [CANSLIM] Non Canslim SHORTS > TPC Down 25% ... here other shorts I consider --> > > PCS > CIEN > MOT > CEPH (watch) > > > > > -----Ursprungliche Nachricht----- > > Von: Eric Jaenike [SMTP:ericjaenike@yahoo.com] > > Gesendet am: Monday, February 04, 2002 7:28 PM > > An: canslim@lists.xmission.com > > Betreff: Re: [CANSLIM] Non Canslim > > > > > > On another note, I used to use Etrade but switched. They are fine if you > don't have any disputes with them, but they will do absolutely nothing to > help you if you do. > > I had a trade dispute with them about 18 months ago, and finally received > a several thousand dollar credit from them. However, I was only able to > accomplish this because I used to work at Merrill Lynch, and was familiar > with how their trading operations functioned. Without the background to > press my case, I would have been summarily denied restitution, which was > the tactic they employed initially with me. > > I have heard similar complaints from several other sources. > > I now trade with Schwab, and am quite satisfied with their services. > > Eric > > Perry Stanfield wrote: Nasty chart > Andreas............good find. Hard to imagine some poor guy contributing > that uptick........... Perry ----- Original Message ----- From: Katherine > Malm To: canslim@lists.xmission.com Sent: Monday, February 04, 2002 7:00 > AMSubject: Re: [CANSLIM] Non Canslim > > Hi Andreas, One reason why it may have been denied at ETrade is that they > may not have any shares available to borrow against for your short. This is > one of those times where having a different broker has its advantages. > There should be no reason that your ET should require a sell limit order > for shorting. You should be able to sell short at market. Only one quick > uptick this morning so far at 9:40EST, so if the shares were available you > (theoretically) would have been able to get a fill. Katherine----- Original > Message ----- From: Andreas Himmelreich To: canslim@lists.xmission.com > Sent: Monday, February 04, 2002 8:47 AMSubject: [CANSLIM] Non Canslim > > Hi, > > > > I want to my first short sell I ever did and somehow got problems with it > (it gets denied at Etrade) > > > > I have a margin account and it should be possible for me to do it. > > Do I have to put in a sell limit? > > I know there has to be an uptick, so the sell will take place. > > Something else to know? > > > > Oh, the share in question is TPC > > > > See you > > > > Andreas > > > > - > > -To subscribe/unsubscribe, email "majordomo@xmission.com" > > -In the email body, write "subscribe canslim" or > > -"unsubscribe canslim". Do not use quotes in your email. > > > > > > --------------------------------- > > Do You Yahoo!? > > Yahoo! Auctions Great stuff seeking new owners! Bid now! << Datei: > ATT00001.htm >> > > - > -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, 5 Feb 2002 14:18:24 +0100 From: Andreas Himmelreich Subject: AW: [CANSLIM] Non Canslim SHORTS My Short screen resulted in -5% yesterday (115 Stocks ....), men, this is ugly ... > -----Ursprungliche Nachricht----- > Von: Andreas Himmelreich [SMTP:judgejimmy@web.de] > Gesendet am: Tuesday, February 05, 2002 2:10 AM > An: 'canslim@lists.xmission.com' > Betreff: AW: [CANSLIM] Non Canslim SHORTS > > TPC Down 25% ... here other shorts I consider --> > > PCS > CIEN > MOT > CEPH (watch) > > > > > -----Ursprungliche Nachricht----- > > Von: Eric Jaenike [SMTP:ericjaenike@yahoo.com] > > Gesendet am: Monday, February 04, 2002 7:28 PM > > An: canslim@lists.xmission.com > > Betreff: Re: [CANSLIM] Non Canslim > > > > > > On another note, I used to use Etrade but switched. They are fine if you > don't have any disputes with them, but they will do absolutely nothing to > help you if you do. > > I had a trade dispute with them about 18 months ago, and finally received > a several thousand dollar credit from them. However, I was only able to > accomplish this because I used to work at Merrill Lynch, and was familiar > with how their trading operations functioned. Without the background to > press my case, I would have been summarily denied restitution, which was > the tactic they employed initially with me. > > I have heard similar complaints from several other sources. > > I now trade with Schwab, and am quite satisfied with their services. > > Eric > > Perry Stanfield wrote: Nasty chart > Andreas............good find. Hard to imagine some poor guy contributing > that uptick........... Perry ----- Original Message ----- From: Katherine > Malm To: canslim@lists.xmission.com Sent: Monday, February 04, 2002 7:00 > AMSubject: Re: [CANSLIM] Non Canslim > > Hi Andreas, One reason why it may have been denied at ETrade is that they > may not have any shares available to borrow against for your short. This is > one of those times where having a different broker has its advantages. > There should be no reason that your ET should require a sell limit order > for shorting. You should be able to sell short at market. Only one quick > uptick this morning so far at 9:40EST, so if the shares were available you > (theoretically) would have been able to get a fill. Katherine----- Original > Message ----- From: Andreas Himmelreich To: canslim@lists.xmission.com > Sent: Monday, February 04, 2002 8:47 AMSubject: [CANSLIM] Non Canslim > > Hi, > > > > I want to my first short sell I ever did and somehow got problems with it > (it gets denied at Etrade) > > > > I have a margin account and it should be possible for me to do it. > > Do I have to put in a sell limit? > > I know there has to be an uptick, so the sell will take place. > > Something else to know? > > > > Oh, the share in question is TPC > > > > See you > > > > Andreas > > > > - > > -To subscribe/unsubscribe, email "majordomo@xmission.com" > > -In the email body, write "subscribe canslim" or > > -"unsubscribe canslim". Do not use quotes in your email. > > > > > > --------------------------------- > > Do You Yahoo!? > > Yahoo! Auctions Great stuff seeking new owners! Bid now! << Datei: > ATT00001.htm >> > > - > -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, 5 Feb 2002 14:40:50 +0100 From: Andreas Himmelreich Subject: AW: [CANSLIM] Non Canslim SHORTS Tom, The IG gave full sell signals on all of them, thats the main reason. My reasearch tells me that 75% of the price action come from the Industry Groups. The market just killed the rally thats another reason. Short --> Full Sell Signal by Industry Group (RS hits relative low, price breaks down of pattern inverseCWH or Flat Base or Gap down in a existing Downtrend, lots destructive signs like Price up days and RS down on the same day, Diss days, three - five losing days in a row). I use http://beta.dailygraphs.com/formslogin.asp for charting the IGs > > PCS --> no cash flow, never ever profitable, dept 700% !!! > > CIEN --> Ok, looks fundamentally better, cash flow is positive, PE not high ... but IG downtrend just got confirmed yesterday > > MOT --> negative Cash Flow, no earnings, sales is lower since the 4th Quater > > CEPH (watch) negative Cash Flow, very high Price Sales A stock that has a negative cash flow has now value to me at all as long they do not make the turnaound, otherwise value get eaten up bit by bit, day by day ... Good companies always have a positive cash flow since the IPO and never broke that pattern (like SEBL etc.). I will not short them today, since a snapback is likely ... I actually will get long on CHD and FMX ... with 5% of my money, IG gave Full buy, stocks have a great technical and fundamental picture, very tight stop loss can be used (4%). See you Andreas > -----Ursprungliche Nachricht----- > Von: Tom Worley [SMTP:stkguru@netside.net] > Gesendet am: Tuesday, February 05, 2002 2:10 PM > An: canslim@lists.xmission.com > Betreff: Re: [CANSLIM] Non Canslim SHORTS > > Andreas, > > They all look like the bad news is already priced in. Why do you believe > they will fall further? > > All already have shown major declines, some have little value left to > decline further. To me, that makes them even higher risk than I like with a > short. > > Tom Worley > stkguru@netside.net > AIM: TexWorley > ----- Original Message ----- > From: "Andreas Himmelreich" > To: > Sent: Monday, February 04, 2002 8:10 PM > Subject: AW: [CANSLIM] Non Canslim SHORTS > > > > TPC Down 25% ... here other shorts I consider --> > > > > PCS > > CIEN > > MOT > > CEPH (watch) > > > > > > > > > -----Ursprungliche Nachricht----- > > > Von: Eric Jaenike [SMTP:ericjaenike@yahoo.com] > > > Gesendet am: Monday, February 04, 2002 7:28 PM > > > An: canslim@lists.xmission.com > > > Betreff: Re: [CANSLIM] Non Canslim > > > > > > > > > On another note, I used to use Etrade but switched. They are fine if > you > > don't have any disputes with them, but they will do absolutely nothing to > > help you if you do. > > > I had a trade dispute with them about 18 months ago, and finally > received > > a several thousand dollar credit from them. However, I was only able to > > accomplish this because I used to work at Merrill Lynch, and was familiar > > with how their trading operations functioned. Without the background to > > press my case, I would have been summarily denied restitution, which was > > the tactic they employed initially with me. > > > I have heard similar complaints from several other sources. > > > I now trade with Schwab, and am quite satisfied with their services. > > > Eric > > > Perry Stanfield wrote: Nasty chart > > Andreas............good find. Hard to imagine some poor guy contributing > > that uptick........... Perry ----- Original Message ----- From: Katherine > > Malm To: canslim@lists.xmission.com Sent: Monday, February 04, 2002 7:00 > > AMSubject: Re: [CANSLIM] Non Canslim > > > Hi Andreas, One reason why it may have been denied at ETrade is that > they > > may not have any shares available to borrow against for your short. This > is > > one of those times where having a different broker has its advantages. > > There should be no reason that your ET should require a sell limit order > > for shorting. You should be able to sell short at market. Only one quick > > uptick this morning so far at 9:40EST, so if the shares were available you > > (theoretically) would have been able to get a fill. Katherine----- > Original > > Message ----- From: Andreas Himmelreich To: canslim@lists.xmission.com > > Sent: Monday, February 04, 2002 8:47 AMSubject: [CANSLIM] Non Canslim > > > Hi, > > > > > > I want to my first short sell I ever did and somehow got problems with > it > > (it gets denied at Etrade) > > > > > > I have a margin account and it should be possible for me to do it. > > > Do I have to put in a sell limit? > > > I know there has to be an uptick, so the sell will take place. > > > Something else to know? > > > > > > Oh, the share in question is TPC > > > > > > See you > > > > > > Andreas > > > > > > - > > > -To subscribe/unsubscribe, email "majordomo@xmission.com" > > > -In the email body, write "subscribe canslim" or > > > -"unsubscribe canslim". Do not use quotes in your email. > > > > > > > > > --------------------------------- > > > Do You Yahoo!? > > > Yahoo! Auctions Great stuff seeking new owners! Bid now! << Datei: > > ATT00001.htm >> > > > > - > > -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. - - - -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 #2109 ****************************** 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.