From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #2339 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 Sunday, April 21 2002 Volume 02 : Number 2339 In this issue: Re: [CANSLIM] IMPORTANT: Canslim ftp site and links... Re: [CANSLIM] IMPORTANT: Canslim ftp site and links... Re: [CANSLIM] Institutional Ownership [CANSLIM] Worley's Weekend Weeview Re: [CANSLIM] easi [CANSLIM] Testing Smart Money Screening Tool Re: [CANSLIM] easi ---------------------------------------------------------------------- Date: Sun, 21 Apr 2002 08:57:20 -0700 (PDT) From: Dimitri Katsaros Subject: Re: [CANSLIM] IMPORTANT: Canslim ftp site and links... Hey Jeff: For some reason, when I go to http://WallStreet-LLC.com/canslim/ all I get is an empty directory listing... is it up or do you have a projected date? Thanks Dimitri Katsaros - --- Jeff Salisbury wrote:

Hello Canslimers,

You need to know that the URL (address) of the canslim ftp site has changed. For those of you who may not know, we have an ftp site setup so that members of our group can share large files that are not allowed to be sent by email directly. The old site was located at:

The new site is now located at:

http://WallStreet-LLC.com/canslim/

All files uploaded in the past are no longer located in the old "pub" directory. If you reference old canslim email messages and try to access the files, you will need to change "pub" in the URL to "canslim". For example:

http://WallStreet-LLC.com/pub/MajorMkts121401to030102.jpg

no longer exists. This file has been moved to it's new home at:

http://WallStreet-LLC.com/canslim/MajorMkts121401to030102.jpg

All files uploaded in the future will use the same directory...

Regards,

Jeff - canslim admin/owner - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ===== Quiquid latine dictum sit altum viditur __________________________________________________ Do You Yahoo!? Yahoo! Games - play chess, backgammon, pool and more http://games.yahoo.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: Sun, 21 Apr 2002 11:09:14 -0500 From: "Katherine Malm" Subject: Re: [CANSLIM] IMPORTANT: Canslim ftp site and links... This is a multi-part message in MIME format. - ------=_NextPart_000_0187_01C1E924.F8DE57A0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi Dimitri, I'm sure Jeff will give you more details on this, but you can't = currently browse the CANSLIM site using this address, only = upload/download. You'll need to know the address of the specific file = before you can access anything and those you'll find in the originator's = email. Katherine ----- Original Message -----=20 From: Dimitri Katsaros=20 To: canslim@lists.xmission.com=20 Sent: Sunday, April 21, 2002 10:57 AM Subject: Re: [CANSLIM] IMPORTANT: Canslim ftp site and links... Hey Jeff: For some reason, when I go to=20 http://WallStreet-LLC.com/canslim/ all I get is an empty directory listing... is it up or do you have a projected date? Thanks Dimitri Katsaros - ------=_NextPart_000_0187_01C1E924.F8DE57A0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable

Hi Dimitri,

I'm sure Jeff will give you more details on this, but you can't = currently=20 browse the CANSLIM site using this address, only upload/download. You'll = need to=20 know the address of the specific file before you can access anything and = those=20 you'll find in the originator's email.

Katherine

----- Original Message -----

From:=20 Dimitri = Katsaros=20

To: canslim@lists.xmission.com=

Sent: Sunday, April 21, 2002 = 10:57=20 AM

Subject: Re: [CANSLIM] = IMPORTANT: Canslim=20 ftp site and links...

Hey Jeff:

For some reason, when I go to
http://WallStreet-LLC.com/can= slim/=20 all I get is an
empty directory listing... is it up or do you have=20 a
projected date?

Thanks
Dimitri=20 Katsaros - ------=_NextPart_000_0187_01C1E924.F8DE57A0-- - - - -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: Sun, 21 Apr 2002 10:21:12 -0700 From: Neal Frankle Subject: Re: [CANSLIM] Institutional Ownership Dave, where do you get your info? Neal - ----- Original Message ----- From: To: Sent: Saturday, April 20, 2002 9:51 AM Subject: Re: [CANSLIM] Institutional Ownership > Sometime ago, I contacted IBD to find out how they arrive at the Sponsor > ranking. > > I asked them, specifically, how they combine the number of mutual funds > holding a stock and the quality (performance) of those funds into a single > ranking. This is like adding apples and bananas. > > The response was that how they do it is proprietary, secret. > > I pointed out that without knowing how the ranking is arrived at, we > subscribers have no way of judging its value. > > I've found no correlation between this ranking and "steam" of any stock. > Maybe, I don't have enough data to judge that correlation accurately, but I > now largely ignore the Sponsor ranking. I get my own information about top > holdings of any stock by institutions and mutuals, and whether they are > accruing or distributing, on balance, lately. > > Regards, Dave > > - > -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: Sun, 21 Apr 2002 13:41:11 -0400 From: "Tom Worley" Subject: [CANSLIM] Worley's Weekend Weeview This is a multi-part message in MIME format. - ------=_NextPart_000_0A66_01C1E93A.333B3DE0 Content-Type: multipart/alternative; boundary="----=_NextPart_001_0A67_01C1E93A.333B3DE0" - ------=_NextPart_001_0A67_01C1E93A.333B3DE0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable ECONOMICS Initial claims, 4 week average of initial claims, and Continued Claims = all rose more than expected, signaling a continuing rise in unemployment = figures (a laggard indicator). February Trade Gap was the largest in a year at $31.5 billion, even = after factoring out energy products, just another sign of a recovering = US economy trying to drag the global economy along. It was far higher = that economist's forecast of 28.8 billion. CPI rose a tame 0.3% in March, expectations were for a rise of 0.5%. = Stripping out volatile energy and food portions, it was up only 0.1% on = the core rate. Housing starts dropped 7.8%, biggest drop in 12 years, but was measured = against February's rate which was the highest in four years. New = building permits also fell, by 9.9%, below expectations. Industrial production for March was up 0.7%, expectation was for a gain = of 0.5%. February's gain was revised to 0.3% gain. Capacity utilization = came in at 75.4% against expectations of 75.1%, and February's rate of = 74.9%. Consumer debt is again out of control, and may curtail future spending = needed to keep the economy growing. Consumers were spending 14.3% of = their disposable income just to service their debt during the 4th = quarter, highest rate since 1986. Debt service level was higher at the = end of this latest recession than at the end of any of the prior three = recessions, and was rising during the final six months of recession, = while it declined in the final six months of the prior recessions. = Worthwhile article at http://money.cnn.com/2002/04/16/news/economy/trend_debt/index.htm - -------------------------------------------------------------------------= - ------- WORLEY'S WATCHLIST WANNABEES As always, most here will have both RS and EPS of 80 or better, and be = close to their 12 month high. I will try to note the exceptions to this. = I will point out what I see in basing formations, such as c&h, double = bottoms, or LLUR (Lower Left, Upper Right, not an approved WON pattern). = Mostly I am looking for flat line basing, noted as Bx where "B"ase means = "x" weeks, IMO. The population I am reviewing this weekend expanded = sharply. Most charts are already extended, not much to pick from. AMZ - B4 CMX - B5 CSTR - uptrending B6, but staggering earnings forecasts (713% this year = and 123% next year), which will drop trailing PE from 486 to 52 = projected this year GLG - LLUR, small cap low priced gold stock, I have no confidence in it = with a price/sales ratio of over 7, but nice chart ICTG - B4 NWRE - small cap, B2, powerful earnings forecast, in my VR fund OFIX - B6 PETM - LLUR PNG - B4 PSTI - early stage LLUR?, in my VR fund, small cap PXXI - B5, but EPS only 74, in my VR fund, small cap TTC - B7 UOPX - B4 Happy Hunting, Tom Worley stkguru@bellsouth.net AIM: TexWorley - ------=_NextPart_001_0A67_01C1E93A.333B3DE0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable

ECONOMICS

Initial claims, 4 week average of initial = claims, and=20 Continued Claims all rose more than expected, signaling a continuing = rise in=20 unemployment figures (a laggard indicator).

February Trade Gap was the largest in a year at = $31.5=20 billion, even after factoring out energy products, just another sign of = a=20 recovering US economy trying to drag the global economy along. It was = far higher=20 that economist's forecast of 28.8 billion.

CPI rose a tame 0.3% in March, expectations were = for a=20 rise of 0.5%. Stripping out volatile energy and food portions, it was up = only=20 0.1% on the core rate.

Housing starts dropped 7.8%, biggest drop in 12 = years, but=20 was measured against February's rate which was the highest in four = years. New=20 building permits also fell, by 9.9%, below expectations.

Industrial production for March was up 0.7%, = expectation=20 was for a gain of 0.5%. February's gain was revised to 0.3% gain. = Capacity=20 utilization came in at 75.4% against expectations of 75.1%, and = February's rate=20 of 74.9%.

Consumer debt is again out of control, and may = curtail=20 future spending needed to keep the economy growing. Consumers were = spending=20 14.3% of their disposable income just to service their debt during the = 4th=20 quarter, highest rate since 1986. Debt service level was higher at the = end of=20 this latest recession than at the end of any of the prior three = recessions, and=20 was rising during the final six months of recession, while it declined = in the=20 final six months of the prior recessions. Worthwhile article = at

http://money.cnn.com/2002/04/16/news/economy/trend_debt/inde= x.htm

WORLEY'S WATCHLIST = WANNABEES

As always, most here will have both RS and EPS = of 80 or=20 better, and be close to their 12 month high. I will try to note the = exceptions=20 to this. I will point out what I see in basing formations, such as = c&h,=20 double bottoms, or LLUR (Lower Left, Upper Right, not an approved WON = pattern).=20 Mostly I am looking for flat line basing, noted as Bx where "B"ase means = "x"=20 weeks, IMO. The population I am reviewing this weekend expanded sharply. = Most=20 charts are already extended, not much to pick from.

AMZ - B4

CMX - B5

CSTR - uptrending B6, but staggering earnings = forecasts=20 (713% this year and 123% next year), which will drop trailing PE from = 486 to 52=20 projected this year

GLG - LLUR, small cap low priced gold stock, I = have no=20 confidence in it with a price/sales ratio of over 7, but nice = chart

ICTG - B4

NWRE - small cap, B2, powerful earnings = forecast, in my VR=20 fund

OFIX - B6

PETM - LLUR

PNG - B4

PSTI - early stage LLUR?, in my VR fund, small=20 cap

PXXI - B5, but EPS only 74, in my VR fund, small = cap

TTC - B7

UOPX - B4

Happy Hunting,

Tom Worley
stkguru@bellsouth.net
AIM: = TexWorley

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Do not use quotes in your email. ------------------------------ Date: Sun, 21 Apr 2002 13:57:08 -0400 From: "William King" Subject: Re: [CANSLIM] easi This is a multi-part message in MIME format. - ------=_NextPart_000_0078_01C1E93C.6D3CDF60 Content-Type: text/plain; charset="Windows-1252" Content-Transfer-Encoding: quoted-printable Katherine, Thanks for the neat comparative analysis. Where did you do it or is it = your own software? Bill King ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Sunday, April 21, 2002 10:26 AM Subject: Re: [CANSLIM] easi Hi John, EASI's a tough chart to read. When that happens, I like to put it in = perspective. Sometimes that means putting the chart itself into a longer = term view, comparing it to other similar stocks, comparing it to a = market, and/or comparing it to the industry/sector. This time, I had to = do *all* of those to make some sense of it. See a comparison at: http://WallStreet-LLC.com/canslim/A&D+EASI+042102.jpg The bottom line is that EASI has a history of more volatile moves than = other similar stocks. Don't get me wrong, the betas on this group are = *LOW* (EASI=3D(0.03), LMT=3D0.19, LLL=3D0.03, CACI=3D0.63) in comparison = to stocks like NVDA (beta=3D2.23). The market is favoring low beta, low = PE, small-mid cap stocks right now, so I'd say sticking to stocks like = these is a good idea. However, if I pulled up 20 or 30 stocks with these = characteristics, I'd be inclined to go with the stocks with better = fundamentals and easier charts. As a side note, you mentioned in your original analysis that EASI was = a "top 10 stock in VV." While its VST places it in the top 10 of all = stocks in the database....look out. VST is a combination of RT (relative = timing-technical), RS (relative safety-past fundamental+price = volatility) and RV (relative value-past profitability+future EPS & = growth), with RT being weighted the highest. When a stock *begins* its = move, the VST is going to be high, but it won't already be the highest = in the database. Its the same idea as the IBD rankings. Once a stock has = a RS of 99, it's already outperformed everything else. Key word there is = *already.* Katherine ----- Original Message -----=20 From: John Lessnau=20 To: canslim@lists.xmission.com=20 Sent: Sunday, April 21, 2002 8:07 AM Subject: Re: [CANSLIM] easi The institutional #s at swhchrarts are way different the DGO data. = DGR in the same industry also looks interesting but seem to have a = string of failed breakouts after forming what looks like a c&h. I guess = the key is to look for a BIG jump in volume at breakout. ----- Original Message -----=20 From: Mike Gibbons=20 To: canslim@lists.xmission.com=20 Sent: Sunday, April 21, 2002 12:43 AM Subject: RE: [CANSLIM] easi Fools rush in..... Looking just at the chart for a moment, there could be a handle = forming, but we need a couple more days for it to be confirmed. Volume = is drying up nicely, but it would have been nice to see stronger volume = after the last handle formed. In fact, although this stock has risen = above the pivot set on 4/2, it didn't truly break out because the volume = was barely above average - compare to the heavy volume on 4/1 - the = previous breakout. This suggests that if the handle is completed, that = any subsequent breakout may be prone to failure also (that almost goes = without saying at the moment). This stock looked like a very strong candidate prior to 4/2 based = on the chart (I bought it in the handle on 3/28 and sold on 4/3 for a = small profit). I would hesitate before buying it in the handle this time = and would wait for a real breakout. I ran the stock through the canslim evaluator = (www.cwhcharts.com/canslim) and got different results to you - weak = year-on-year growth for the last three quarters (but a very strong = recent quarter perhaps reflecting increased orders since 9/11). Also = institutional ownership at 71%. The stock rated a 7, but could pick up = an extra point if the handle is completed and the up to down volume = ratio improves.=20 Others in the group would be able to give a sounder analysis of = the fundamentals so I won't even attempt to. Aloha, Mike Gibbons Proactive Technologies, LLC http://www.proactech.com -----Original Message----- From: owner-canslim@lists.xmission.com = [mailto:owner-canslim@lists.xmission.com]On Behalf Of John Lessnau Sent: Saturday, April 20, 2002 3:49 PM To: canslim@lists.xmission.com Subject: [CANSLIM] easi I've been at it for over one month and still have yet to find a = true CANSLIM stock. EASI (group:Elec-military Systems) is another = possibility I have been watching. It looks to be in a long term cup = starting October 8 and currently it seems to be trying to form a = handle. =20 Why I like this stock: Strong and consistent quarterly and annual growth. 26% growth = rate 40% and growing institutional owner ship (13% management = ownership) Military supply company in a time of war. Nearing the pivot point. 14% off the left side of cup high. Top 10 rating by Vector Vest. Low 10 million share float So how about it? Am I getting closer to finding CANSLIM gold? - ------=_NextPart_000_0078_01C1E93C.6D3CDF60 Content-Type: text/html; charset="Windows-1252" Content-Transfer-Encoding: quoted-printable

Katherine,

Thanks for the neat comparative = analysis. Where did=20 you do it or is it your own software?

Bill King

----- Original Message -----
From:=20 Katherine=20 Malm
To: canslim@lists.xmission.com=

Sent: Sunday, April 21, 2002 = 10:26=20 AM

Subject: Re: [CANSLIM] = easi

Hi John,

EASI's a tough chart to read. When that happens, I like to put it = in=20 perspective. Sometimes that means putting the chart itself into a = longer term=20 view, comparing it to other similar stocks, comparing it to a market, = and/or=20 comparing it to the industry/sector. This time, I had to do *all* of = those to=20 make some sense of it. See a comparison at:

http:/= /WallStreet-LLC.com/canslim/A&D+EASI+042102.jpg

The bottom line is that EASI has a history of more volatile moves = than=20 other similar stocks. Don't get me wrong, the betas on this group are = *LOW*=20 (EASI=3D(0.03), LMT=3D0.19, LLL=3D0.03, CACI=3D0.63) in comparison to = stocks like NVDA=20 (beta=3D2.23). The market is favoring low beta, low PE, small-mid cap = stocks=20 right now, so I'd say sticking to stocks like these is a good idea. = However,=20 if I pulled up 20 or 30 stocks with these characteristics, I'd be = inclined to=20 go with the stocks with better fundamentals and easier charts.

As a side note, you mentioned in your original analysis that EASI = was a=20 "top 10 stock in VV." While its VST places it in the top 10 of all = stocks in=20 the database....look out. VST is a combination of RT (relative=20 timing-technical), RS (relative safety-past fundamental+price=20 volatility) and RV (relative value-past profitability+future EPS = &=20 growth), with RT being weighted the highest. When a stock *begins* its = move,=20 the VST is going to be high, but it won't already be the highest in = the=20 database. Its the same idea as the IBD rankings. Once a stock has a RS = of 99,=20 it's already outperformed everything else. Key word there is = *already.*

Katherine

----- Original Message -----
From:=20 John = Lessnau
To: canslim@lists.xmission.com= =20

Sent: Sunday, April 21, 2002 = 8:07=20 AM

Subject: Re: [CANSLIM] = easi

The institutional #s at swhchrarts are way = different the=20 DGO data. DGR in the same industry also looks interesting but = seem to=20 have a string of failed breakouts after forming what looks like a=20 c&h. I guess the key is to look for a BIG jump in volume = at=20 breakout.

----- Original Message ----- =
From:=20 Mike=20 Gibbons
To: canslim@lists.xmission.com= =20

Sent: Sunday, April 21, = 2002 12:43=20 AM

Subject: RE: [CANSLIM] = easi

Fools rush in.....

Looking just at the chart for a moment, = there=20 could be a handle forming, but we need a couple more days for it = to be=20 confirmed. Volume is drying up nicely, but it would have been nice = to see=20 stronger volume after the last handle formed. In fact, = although this=20 stock has risen above the pivot set on 4/2, it didn't truly break = out=20 because the volume was barely above average - compare to the heavy = volume=20 on 4/1 - the previous breakout. This suggests that if the = handle is=20 completed, that any subsequent breakout may be prone to failure = also (that=20 almost goes without saying at the moment).

This stock looked like a very strong = candidate=20 prior to 4/2 based on the chart (I bought it in the handle on 3/28 = and=20 sold on 4/3 for a small profit). I would hesitate before buying it = in the=20 handle this time and would wait for a real = breakout.

I ran the stock through the canslim = evaluator (www.cwhcharts.com/canslim) = and=20 got different results to you - weak year-on-year growth for the = last three=20 quarters (but a very strong recent quarter perhaps reflecting = increased=20 orders since 9/11). Also institutional ownership at 71%. The = stock=20 rated a 7, but could pick up an extra point if the handle is = completed and=20 the up to down volume ratio improves.

Others in the group would be able to = give a=20 sounder analysis of the fundamentals so I won't even attempt=20 to.

Aloha,

Mike Gibbons
Proactive = Technologies,=20 LLC

http://www.proactech.com

-----Original Message-----
From:=20 owner-canslim@lists.xmission.com=20 [mailto:owner-canslim@lists.xmission.com]On Behalf Of = John=20 Lessnau
Sent: Saturday, April 20, 2002 3:49 = PM
To:=20 canslim@lists.xmission.com
Subject: [CANSLIM]=20 easi

I've been at it for over one month and still = have yet=20 to find a true CANSLIM stock. EASI (group:Elec-military = Systems)=20 is another possibility I have been watching. It looks to = be in a=20 long term cup starting October 8 and currently it = seems to be=20 trying to form a handle.

Why I like this stock:

Strong and consistent quarterly and annual=20 growth. 26% growth rate

40% and growing institutional owner ship = (13%=20 management ownership)

Military supply company in a time of = war.

Nearing the pivot point. 14% off the = left side=20 of cup high.

Top 10 rating by Vector Vest.

Low 10 million share float

So how about it? Am I getting closer = to finding=20 CANSLIM=20 gold?

- ------=_NextPart_000_0078_01C1E93C.6D3CDF60-- - - - -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: Sun, 21 Apr 2002 12:08:43 -0600 From: Warren Keuffel Subject: [CANSLIM] Testing Smart Money Screening Tool Hey, I signed up for a two week free trial of a financial site run by Smart Money. Looking through HTMMIS I created a screen with these CANSLIM parameters: A -- 5 Yr earnings growth % >= 25% C -- Quarterly earnings % (compared to same qtr previous year) >= 25% I -- Institutional ownership < 40% S -- Market Cap < $200M S -- Debt as % of total cap < 50% It gave me back 10 stocks EMBX CNTL VLGEA FRS XNR HITK PMFG HANS TRAK TOF I have not looked at the charts for these bad boys, or done any further DD, but I am curious what comments you might have about (a) screening in this manner; (b) the screening parameters (numbers) I used; and (c) which, if any, parameters would you drop, add or change. Obviously these parameters are very tight but I did that deliberately so as to create a hit list of manageable size for this message. For a real-world exercise I would loosen the parameters somewhat and conduct more DD. Warren - - - -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: Sun, 21 Apr 2002 13:14:14 -0500 From: "Katherine Malm" Subject: Re: [CANSLIM] easi This is a multi-part message in MIME format. - ------=_NextPart_000_0072_01C1E936.6F2228E0 Content-Type: text/plain; charset="Windows-1252" Content-Transfer-Encoding: quoted-printable You're welcome Bill. The chart I captured was from a comparison charting feature in = VectorVest, but you can do similar comparisons at stockcharts.com, MSN, = or bigCharts. Other charting software such as TC2000 will have this = feature, and I believe HGS may also has this capability (though someone = like Tim Fisher, who uses this package can tell you more.) Here's an example from stockcharts.com (they refer to this as a = "perfchart").: http://stockcharts.com/charts/performance/SPSectors.html (there are = numerous features for period of time for comparison, line vs. bar, etc.) At BigCharts, use the interactive charting tools. = http://www.bigcharts.com At MSN, there is a checkbox that allows you to select the industry along = with the stock's chart. You can also add additional symbols to get a = comparative. Make sure you install the components required if you = haven't visited the charting site before. = http://moneycentral.msn.com/investor/charts/charting.asp Katherine ----- Original Message -----=20 From: William King=20 To: canslim@lists.xmission.com=20 Sent: Sunday, April 21, 2002 12:57 PM Subject: Re: [CANSLIM] easi Katherine, Thanks for the neat comparative analysis. Where did you do it or is it = your own software? Bill King ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Sunday, April 21, 2002 10:26 AM Subject: Re: [CANSLIM] easi Hi John, EASI's a tough chart to read. When that happens, I like to put it in = perspective. Sometimes that means putting the chart itself into a longer = term view, comparing it to other similar stocks, comparing it to a = market, and/or comparing it to the industry/sector. This time, I had to = do *all* of those to make some sense of it. See a comparison at: http://WallStreet-LLC.com/canslim/A&D+EASI+042102.jpg The bottom line is that EASI has a history of more volatile moves = than other similar stocks. Don't get me wrong, the betas on this group = are *LOW* (EASI=3D(0.03), LMT=3D0.19, LLL=3D0.03, CACI=3D0.63) in = comparison to stocks like NVDA (beta=3D2.23). The market is favoring low = beta, low PE, small-mid cap stocks right now, so I'd say sticking to = stocks like these is a good idea. However, if I pulled up 20 or 30 = stocks with these characteristics, I'd be inclined to go with the stocks = with better fundamentals and easier charts. As a side note, you mentioned in your original analysis that EASI = was a "top 10 stock in VV." While its VST places it in the top 10 of all = stocks in the database....look out. VST is a combination of RT (relative = timing-technical), RS (relative safety-past fundamental+price = volatility) and RV (relative value-past profitability+future EPS & = growth), with RT being weighted the highest. When a stock *begins* its = move, the VST is going to be high, but it won't already be the highest = in the database. Its the same idea as the IBD rankings. Once a stock has = a RS of 99, it's already outperformed everything else. Key word there is = *already.* Katherine ----- Original Message -----=20 From: John Lessnau=20 To: canslim@lists.xmission.com=20 Sent: Sunday, April 21, 2002 8:07 AM Subject: Re: [CANSLIM] easi The institutional #s at swhchrarts are way different the DGO data. = DGR in the same industry also looks interesting but seem to have a = string of failed breakouts after forming what looks like a c&h. I guess = the key is to look for a BIG jump in volume at breakout. ----- Original Message -----=20 From: Mike Gibbons=20 To: canslim@lists.xmission.com=20 Sent: Sunday, April 21, 2002 12:43 AM Subject: RE: [CANSLIM] easi Fools rush in..... Looking just at the chart for a moment, there could be a handle = forming, but we need a couple more days for it to be confirmed. Volume = is drying up nicely, but it would have been nice to see stronger volume = after the last handle formed. In fact, although this stock has risen = above the pivot set on 4/2, it didn't truly break out because the volume = was barely above average - compare to the heavy volume on 4/1 - the = previous breakout. This suggests that if the handle is completed, that = any subsequent breakout may be prone to failure also (that almost goes = without saying at the moment). This stock looked like a very strong candidate prior to 4/2 = based on the chart (I bought it in the handle on 3/28 and sold on 4/3 = for a small profit). I would hesitate before buying it in the handle = this time and would wait for a real breakout. I ran the stock through the canslim evaluator = (www.cwhcharts.com/canslim) and got different results to you - weak = year-on-year growth for the last three quarters (but a very strong = recent quarter perhaps reflecting increased orders since 9/11). Also = institutional ownership at 71%. The stock rated a 7, but could pick up = an extra point if the handle is completed and the up to down volume = ratio improves.=20 Others in the group would be able to give a sounder analysis of = the fundamentals so I won't even attempt to. Aloha, Mike Gibbons Proactive Technologies, LLC http://www.proactech.com -----Original Message----- From: owner-canslim@lists.xmission.com = [mailto:owner-canslim@lists.xmission.com]On Behalf Of John Lessnau Sent: Saturday, April 20, 2002 3:49 PM To: canslim@lists.xmission.com Subject: [CANSLIM] easi I've been at it for over one month and still have yet to find = a true CANSLIM stock. EASI (group:Elec-military Systems) is another = possibility I have been watching. It looks to be in a long term cup = starting October 8 and currently it seems to be trying to form a = handle. =20 Why I like this stock: Strong and consistent quarterly and annual growth. 26% growth = rate 40% and growing institutional owner ship (13% management = ownership) Military supply company in a time of war. Nearing the pivot point. 14% off the left side of cup high. Top 10 rating by Vector Vest. Low 10 million share float So how about it? Am I getting closer to finding CANSLIM gold? - ------=_NextPart_000_0072_01C1E936.6F2228E0 Content-Type: text/html; charset="Windows-1252" Content-Transfer-Encoding: quoted-printable

You're welcome Bill.

The chart I captured was from a comparison charting feature in = VectorVest,=20 but you can do similar comparisons at stockcharts.com, MSN, or = bigCharts. Other=20 charting software such as TC2000 will have this feature, and I believe = HGS may=20 also has this capability (though someone like Tim Fisher, who uses this = package=20 can tell you more.)

Here's an example from stockcharts.com (they refer to this as a=20 "perfchart").:

http://= stockcharts.com/charts/performance/SPSectors.html (there=20 are numerous features for period of time for comparison, line vs. bar,=20 etc.)

At BigCharts, use the interactive charting tools. http://www.bigcharts.com

At MSN, there is a checkbox that allows you to select the industry = along=20 with the stock's chart. You can also add additional symbols to get = a =20 comparative. Make sure you install the components required if you = haven't=20 visited the charting site before. http://= moneycentral.msn.com/investor/charts/charting.asp

Katherine

----- Original Message -----
From:=20 William = King=20
To: canslim@lists.xmission.com=

Sent: Sunday, April 21, 2002 = 12:57=20 PM

Subject: Re: [CANSLIM] = easi

Katherine,

Thanks for the neat comparative = analysis. Where=20 did you do it or is it your own software?

Bill King

----- Original Message -----
From:=20 Katherine=20 Malm
To: canslim@lists.xmission.com= =20

Sent: Sunday, April 21, 2002 = 10:26=20 AM

Subject: Re: [CANSLIM] = easi

Hi John,

EASI's a tough chart to read. When that happens, I like to put = it in=20 perspective. Sometimes that means putting the chart itself into a = longer=20 term view, comparing it to other similar stocks, comparing it to a = market,=20 and/or comparing it to the industry/sector. This time, I had to do = *all* of=20 those to make some sense of it. See a comparison at:

http:/= /WallStreet-LLC.com/canslim/A&D+EASI+042102.jpg

The bottom line is that EASI has a history of more volatile = moves than=20 other similar stocks. Don't get me wrong, the betas on this group = are *LOW*=20 (EASI=3D(0.03), LMT=3D0.19, LLL=3D0.03, CACI=3D0.63) in comparison = to stocks like=20 NVDA (beta=3D2.23). The market is favoring low beta, low PE, = small-mid cap=20 stocks right now, so I'd say sticking to stocks like these is a good = idea.=20 However, if I pulled up 20 or 30 stocks with these characteristics, = I'd be=20 inclined to go with the stocks with better fundamentals and easier=20 charts.

As a side note, you mentioned in your original analysis that = EASI was a=20 "top 10 stock in VV." While its VST places it in the top 10 of all = stocks in=20 the database....look out. VST is a combination of RT (relative=20 timing-technical), RS (relative safety-past fundamental+price=20 volatility) and RV (relative value-past profitability+future = EPS &=20 growth), with RT being weighted the highest. When a stock *begins* = its move,=20 the VST is going to be high, but it won't already be the highest in = the=20 database. Its the same idea as the IBD rankings. Once a stock has a = RS of=20 99, it's already outperformed everything else. Key word there is=20 *already.*

Katherine

----- Original Message ----- =
From:=20 John = Lessnau=20
To: canslim@lists.xmission.com= =20

Sent: Sunday, April 21, = 2002 8:07=20 AM

Subject: Re: [CANSLIM] = easi

The institutional #s at swhchrarts are way = different the=20 DGO data. DGR in the same industry also looks interesting = but seem=20 to have a string of failed breakouts after forming what looks like = a=20 c&h. I guess the key is to look for a BIG jump in volume = at=20 breakout.

----- Original Message ----- =
From:=20 Mike=20 Gibbons
To: canslim@lists.xmission.com= =20

Sent: Sunday, April 21, = 2002 12:43=20 AM

Subject: RE: [CANSLIM] = easi

Fools rush = in.....

Looking just at the chart for a = moment, there=20 could be a handle forming, but we need a couple more days for it = to be=20 confirmed. Volume is drying up nicely, but it would have been = nice to=20 see stronger volume after the last handle formed. In fact,=20 although this stock has risen above the pivot set on 4/2, = it=20 didn't truly break out because the volume was barely above = average -=20 compare to the heavy volume on 4/1 - the previous breakout.=20 This suggests that if the handle is completed, that any = subsequent=20 breakout may be prone to failure also (that almost goes without = saying=20 at the moment).

This stock looked like a very strong = candidate=20 prior to 4/2 based on the chart (I bought it in the handle on = 3/28 and=20 sold on 4/3 for a small profit). I would hesitate before buying = it in=20 the handle this time and would wait for a real=20 breakout.

I ran the stock through the canslim = evaluator=20 (www.cwhcharts.com/canslim) = and got different results to you - weak year-on-year growth for = the last=20 three quarters (but a very strong recent quarter perhaps = reflecting=20 increased orders since 9/11). Also institutional = ownership at 71%.=20 The stock rated a 7, but could pick up an extra point if the = handle is=20 completed and the up to down volume ratio improves. =

Others in the group would be able to = give a=20 sounder analysis of the fundamentals so I won't even attempt=20 to.

Aloha,

Mike Gibbons
Proactive = Technologies,=20 LLC

http://www.proactech.com

-----Original Message-----
From:=20 owner-canslim@lists.xmission.com=20 [mailto:owner-canslim@lists.xmission.com]On Behalf Of = John=20 Lessnau
Sent: Saturday, April 20, 2002 3:49 = PM
To:=20 canslim@lists.xmission.com
Subject: [CANSLIM]=20 easi

I've been at it for over one month and = still have=20 yet to find a true CANSLIM stock. EASI = (group:Elec-military=20 Systems) is another possibility I have been watching. It = looks=20 to be in a long term cup starting October 8 = and currently=20 it seems to be trying to form a handle.

Why I like this stock:

Strong and consistent quarterly and annual = growth. 26% growth rate

40% and growing institutional owner ship = (13%=20 management ownership)

Military supply company in a time of=20 war.

Nearing the pivot point. 14% off the = left side=20 of cup high.

Top 10 rating by Vector Vest.

Low 10 million share float

So how about it? Am I getting closer = to=20 finding CANSLIM=20 = gold?
- ------=_NextPart_000_0072_01C1E936.6F2228E0-- - - - -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 #2339 ****************************** 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.