joe@2fords.net
http://www.2fords.net/joe/<= /DIV>

- ------=_NextPart_000_0092_01BD7D21.A9128D40-- - - ------------------------------ Date: Mon, 11 May 1998 23:15:15 -0400 From: "sboone" Subject: [CANSLIM] Re: PPOD & MDLK, What do think, about these two picks, are they ready to move or not. - - ------------------------------ Date: Mon, 11 May 1998 06:59:01 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] US funds expecting economic slowdown Thanks for posting this, Dean. I got the same report from Infobeat, and had some disagreement with it. It presupposes that fund mgrs can casually switch between bonds and stocks, not true of many funds charter. And the claim of bond net buying is contradicted by the bond mkt action. If this was such a clear trend, then bond prices should be going up, instead they appear to be trending flat to down (interest rates going up inversely). I also noted one report for the month of April. In it net new cash flows into stock mutual funds rose 5.6% to $24.5 billion from March's inflow of $23.2 billion. Hybrid funds had a net inflow estimated at $1.5 billion, while bond funds took in $3 billion, down from $6.4 billion in the prior month. So, at least thru April, it appears to me that money continues to pour into stocks and must be invested somewhere. If interest rates continue higher, I would expect to see a shift of some money from stocks back to bonds, after all a lot of money currently in stocks really wants to be in bonds, but must get the higher returns of stocks. And I would bet that some "traditional" bond investors who have been forced into the stock mkt will not migrate back, now that they have experienced and enjoyed the returns possible. As money makes that shift, prices on bonds go back up, yields drop and are no longer as attractive. I also think it's way too premature to be looking to Asia, esp Japan, for fresh investing. Things are hardly stable, nor has Japan cured the underlying economic problems. Europe right now does look better, but a lot of that is coming from renewed confidence that the EU will be introduced on time, and the European union will proceed. However, many of the countries still have considerable economic problems, I am not aware of any country right now that is enjoying the "economic bliss" of the USA. Tom W - -----Original Message----- From: Dean Edwards To: canslim@lists.xmission.com Date: Monday, May 11, 1998 9:07 AM Subject: [CANSLIM] US funds expecting economic slowdown LONDON, May 11 (Reuters) - U.S. fund managers are less optimistic about the prospects for the domestic economy, according to the Merrill Lynch Gallup Global survey for May released on Monday. Only 10 percent of fund managers polled expected the economy would strengthen over the next 12 months versus 24 percent in April. The survey showed an increasing proportion of U.S. fund managers were switching out of domestic equities into bonds. Buyers of U.S. Treasuries outnumbered sellers by 18 percent versus 11 percent in April's survey. The survey showed a pick-up of interest in Japanese stocks, with the balance of buyers over sellers at six percent versus equal numbers of each in April. Emerging Europe rose to be U.S. managers most fancied emerging market from Latin America last month, the report showed. Half of those polled said emerging Europe was their favourite region for the next 12 months versus 13 percent holding this view in April. Some 28 percent chose Latin America in May versus 55 percent last month. The survey was conducted between May 1 and 6 with 39 - - ------------------------------ Date: Tue, 12 May 1998 08:39:25 -0400 From: "James Adams" Subject: [CANSLIM] CADE Industries CADE I've been watching this one closely and it appears to have broken out Friday and followed thru yesterday. I know the low price will turn some off. !BD #s: 97/94/A, Mgmt Owns 28% Price Info: Previous Close: 3 15/16, 52 High 4, 52 Low 1.400 Fundamentals: P/E 30.29 Market Cap. 86.5 Mil # Shares Out. 22.0 Mil Sales $65 Mil Income $3 Mil Net Profit Margin 4% Return on Equity 12% Debt/Equity Ratio 0.46 Revenue/Share $2.98 Earnings/Share $0.13 Book Value/Share $1.06 Dividend Rate $0.00 Payout Ratio 0% Growth Rates % (Company-Industry-S&P 500) Sales (Qtr vs year ago qtr) 76.60 17.60 14.60 Income (Qtr vs year ago qtr) 80.00 24.80 1.80 EPS (Qtr vs year ago qtr) 100.00 18.80 -1.90 Sales (5-Year Avg.) 25.92 11.58 7.25 EPS (5-Year Avg.) NC NC 4.06 Media General Industry: Aerospace/Defense Products & Services Computed ratios are based on latest 12 months' results. Earnings Info: FY12/98 Fy12/97 FY 12/96 1st Qtr $0.04 $0.02 $0.01 2nd Qtr NA $0.02 $0.01 3rd Qtr NA $0.03 $0.01 4th Qtr NA $0.04 $0.02 Total $0.04 $0.11 $0.05 News: May 12 CADE Cade Industries Forecasts Revenue, Earnings Gains for 1998, Announces Expansion of Cenco Subsidiary Apr 23 CADE Posts $0.04 vs. $0.02 1Q EPS; 77% Rise in Sales Apr 22 CADE Industries Reports Record First Quarter Results Apr 1 CADE Industries, Inc. Names Joseph R. O'Gorman to Board Mar 25 CADE Industries, Inc. Announces $7.5 Million of New Orders For Jet Engine Test Equipment and Facilities James Adams......................Maysville, KY USA http://www.cris.com/~jimadams/ Internet Pager 1343361@pager.mirabilis.com - - ------------------------------ Date: Sun, 10 May 1998 20:26:26 -0400 From: Tom Worley Subject: Re: [CANSLIM] Intro Hi Jerry, and thanks for the intro. Maybe we need to start a sub-chapter to teach these "young whippersnappers" something about patience?? Feel free to post your favorites, I think it's one of the best ways we all learn here, and especially the lurkers as they have a chance to look at charts and read the various comments. Tom W - -----Original Message----- From: Jerry Hickman To: canslim@lists.xmission.com Date: Monday, May 11, 1998 5:06 PM Subject: [CANSLIM] Intro >I am a retiree, 68 years young and interested in investing--long term! My >background is Electrical. I started out as an electrician and then moved >into a supervisory job, got canned (Hi Tom) then the company moved me into >a created job in preventive maintenance to make use of my hands-on >experience >My investment style and other inclinations seem similar to Tom W. I feel I >am an investor who occasionally gets bitten by the trader bug. Canslim >seems the way to go to me. I have tried many approaches in the 8 years or >so that I have been actively investing. I am a member of NAIC--an >individual memeber, belong to no club, subscribe to Telescan and IBD, daily >download 550 quotes to keep up my database of stocks I like to follow. >Some day soon, I will post some of my holdings to add to what Robert V has >been asking--How long do you hold your CS stocks. > - - ------------------------------ Date: Mon, 11 May 1998 19:54:10 -0500 From: Joe Scott Subject: [CANSLIM] DGO This is a multi-part message in MIME format. - ------=_NextPart_000_007C_01BD7D16.9073C2A0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Well they reeled me in, they knew they had me. I signed up, I couldn't be without those Daily Graphs, its the only damn chart I can read and get the feel from. Sounds stupid I know, it must be a subliminal thing. What ever it was it worked. don't know a thing joe joe@2fords.net http://www.2fords.net/joe/ - ------=_NextPart_000_007C_01BD7D16.9073C2A0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable

Well they reeled me in, they knew they had=20 me.

I signed up, I couldn't be without those = Daily=20 Graphs,

its the only damn chart I can read and get = the feel=20 from.

Sounds stupid I know, it must be a subliminal = thing.

What ever it was it worked.

don't know a thing
joe

joe@2fords.net
http://www.2fords.net/joe/<= /DIV> - ------=_NextPart_000_007C_01BD7D16.9073C2A0-- - - ------------------------------ Date: Wed, 13 May 1998 01:37:25 +1200 From: "Dean Edwards" Subject: Fw: [CANSLIM] US funds expecting economic slowdown Tom, Congratulations! I have to compliment you on your analysis. I accepted the report at face value and you have obviously study it in deta= il. Quoting George Soros, =93I hope that actually, to the extent that I have= an impact on people's thinking, is that they'll learn how important it is to look for the flaws and to think critically. =93 My own observation, is that there has been no allowance made for overseas international funds investing in the American market. You only have to lo= ok at the Asia crisis, to consider that overseas international funds must be heavily weighted in the US market. If a diversify international fund is making better returns in one market, such as the US, it must be forced sooner or later to scale back their fund weighting in that particular market and invest elsewhere or repatriate the money home. After reading my local Sunday business paper, the 5 best performing mutu= al funds out of 300 New Zealand and Australian mutual funds were all US international funds. Ranging from the highest 60% to the lowest 30% returns over last year. Out of curiosity, I investigated what one of thes= e NZ managed US international fund buys. Only US blue chip stocks like Gene= ral Electric, with a current PE of 32. Call me foolish =85 but I would rather watch from the sidelines. - -----Original Message----- From: Tom Worley To: canslim@lists.xmission.com Date: Tuesday, May 12, 1998 11:05 PM Subject: Re: [CANSLIM] US funds expecting economic slowdown >Thanks for posting this, Dean. I got the same report from Infobeat, >and had some disagreement with it. It presupposes that fund mgrs can >casually switch between bonds and stocks, not true of many funds >charter. And the claim of bond net buying is contradicted by the bond >mkt action. If this was such a clear trend, then bond prices should be >going up, instead they appear to be trending flat to down (interest >rates going up inversely). > >I also noted one report for the month of April. In it net new cash >flows into stock mutual funds rose 5.6% to $24.5 billion from March's >inflow of $23.2 billion. Hybrid funds had a net inflow estimated at >$1.5 billion, while bond funds took in $3 billion, down from $6.4 >billion in the prior month. So, at least thru April, it appears to me >that money continues to pour into stocks and must be invested >somewhere. If interest rates continue higher, I would expect to see a >shift of some money from stocks back to bonds, after all a lot of >money currently in stocks really wants to be in bonds, but must get >the higher returns of stocks. And I would bet that some "traditional" >bond investors who have been forced into the stock mkt will not >migrate back, now that they have experienced and enjoyed the returns >possible. As money makes that shift, prices on bonds go back up, >yields drop and are no longer as attractive. > >I also think it's way too premature to be looking to Asia, esp Japan, >for fresh investing. Things are hardly stable, nor has Japan cured the >underlying economic problems. Europe right now does look better, but a >lot of that is coming from renewed confidence that the EU will be >introduced on time, and the European union will proceed. However, many >of the countries still have considerable economic problems, I am not >aware of any country right now that is enjoying the "economic bliss" >of the USA. > >Tom W - - ------------------------------ Date: Tue, 12 May 1998 08:16:17 -0600 From: jeff@scrooge.csd.sdl.usu.edu (Jeff Salisbury) Subject: [CANSLIM] Re: Files uploaded for the Canslim Discussion Group On May 12, 7:21am, Frank V. Wolynski wrote: > Subject: Files uploaded for the Canslim Discussion Group > Hi Jeff, > > I have uploaded two files for the canslim discussion group: > 98Wkrvw.xls > 98Wkrvw.csv > > They are all of Larry Horn's Excel Spreadsheets concatenated together and > sorted. Larry has given his enthusiastic okay for this posting. > > Thanks, > Frank Wolynski >-- End of excerpt from Frank V. Wolynski Frank, Your two files are now available for everyone to download at: ftp://ftp.xmission.com/pub/users/m/mcjathan/canslim/98WkRvw.xls ftp://ftp.xmission.com/pub/users/m/mcjathan/canslim/98WkRvw.csv There is a quirk with the way my webserver handles the second file. Instead of being downloaded directly to my local disk, it is displayed in my browser. If people want this file on their local disk, they can go to the "File" menu of the browser, and then select the "Save As" option. Best Regards, Jeff PS Thanks for the great contributions you have made to our group. - - ------------------------------ Date: Tue, 12 May 1998 10:48:29 -0400 From: Mark Schiffner Subject: [CANSLIM] Breakouts > >Best Regards, >Craig > >PS. As always folks - buy from a breakout. Preferably 8 week or longer >base. Sometimes 4-6 will do. > > Craig, I am very interested in learing more about breakouts. When you say "buy from a breakout", do mean recognizing it once breakout is occuring (vs indicators to predict it)? I have noticed a lot of breakouts die the same day, especially recently on news. What indicators let you know the breakout is ending vs just a pull back (volume?) Mark Schiffner - - ------------------------------ Date: Tue, 12 May 1998 10:22:25 -0500 (CDT) From: mckeener@ix.netcom.com Subject: [CANSLIM] Re: Intro Welcome to the group, Jerry. There IS a lot to absorb and little time, but worth the effort when the profits start rolling in!! Mary Keener - - ------------------------------ Date: Tue, 12 May 1998 10:25:43 -0500 (CDT) From: mckeener@ix.netcom.com Subject: [CANSLIM] Re: What's left on my "watch" list Joe, I agree with Tom, drop the "don't know a thing" sign off. I value your comments. Mary Keener - - ------------------------------ Date: Tue, 12 May 1998 10:40:27 -0500 From: "Joe Scott" Subject: Re: [CANSLIM] Re: What's left on my "watch" list This is a multi-part message in MIME format. - ------=_NextPart_000_008B_01BD7D92.60933800 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Thanks Mary, that's nice to hear, *geez, is she confused* just kidding ;-) don't know a thing joe joe@2fords.net http://www.2fords.net/joe/ =20 - ------=_NextPart_000_008B_01BD7D92.60933800 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable

Thanks Mary, that's nice to = hear,

*geez, is she confused*

just kidding ;-)

don't know a thing
joe

joe@2fords.net
http://www.2fords.net/joe/ &n= bsp;=20

- ------=_NextPart_000_008B_01BD7D92.60933800-- - - ------------------------------ Date: Tue, 12 May 1998 11:48:44 -0400 From: David Smith Subject: [CANSLIM] Meridian Diagnostics -KITS Meridian Diagnostics -KITS - is breaking out on heavy volume. I can't find news to account for the volume increase.... The RS and EPS from Friday's IBD are: EPS - 93 RS - 85 - - ------------------------------ Date: Tue, 12 May 1998 09:17:22 -0700 From: "Chao, Chih Yu" Subject: [CANSLIM] Some suggestions. Good day, guys, I think maybe it's time to look at the oil stocks. Two stocks worth of watch: GIFI, OMNI. BTW, anyone follow SUT? Cheers, ChihYu - - ------------------------------ Date: Tue, 12 May 1998 10:16:25 -0700 From: "Robert Venchiarutti" Subject: Re: [CANSLIM] US funds expecting economic slowdown Tom (and others), Where do you get the figures for net inflows into mutual funds? Also, do you know of a site where I can get historical figures on net inflows into funds? I think this is (and has been) a major trend supporting the market for equities the past few years, and I would like to get a firmer grasp on the numbers. I've tried to do a web search, but all I get is a bunch of junk (and I mean a BUNCH - you'd be amazed at all the cyber-stuff out there on mutual funds). I also use Infobeat, but couldn't find these figures. Thanks. - -----Original Message----- From: Tom Worley To: canslim@lists.xmission.com Date: Tuesday, May 12, 1998 4:06 AM Subject: Re: [CANSLIM] US funds expecting economic slowdown >Thanks for posting this, Dean. I got the same report from Infobeat, >and had some disagreement with it. It presupposes that fund mgrs can >casually switch between bonds and stocks, not true of many funds >charter. And the claim of bond net buying is contradicted by the bond >mkt action. If this was such a clear trend, then bond prices should be >going up, instead they appear to be trending flat to down (interest >rates going up inversely). > >I also noted one report for the month of April. In it net new cash >flows into stock mutual funds rose 5.6% to $24.5 billion from March's >inflow of $23.2 billion. Hybrid funds had a net inflow estimated at >$1.5 billion, while bond funds took in $3 billion, down from $6.4 >billion in the prior month. So, at least thru April, it appears to me >that money continues to pour into stocks and must be invested >somewhere. If interest rates continue higher, I would expect to see a >shift of some money from stocks back to bonds, after all a lot of >money currently in stocks really wants to be in bonds, but must get >the higher returns of stocks. And I would bet that some "traditional" >bond investors who have been forced into the stock mkt will not >migrate back, now that they have experienced and enjoyed the returns >possible. As money makes that shift, prices on bonds go back up, >yields drop and are no longer as attractive. > >I also think it's way too premature to be looking to Asia, esp Japan, >for fresh investing. Things are hardly stable, nor has Japan cured the >underlying economic problems. Europe right now does look better, but a >lot of that is coming from renewed confidence that the EU will be >introduced on time, and the European union will proceed. However, many >of the countries still have considerable economic problems, I am not >aware of any country right now that is enjoying the "economic bliss" >of the USA. > >Tom W > >-----Original Message----- >From: Dean Edwards >To: canslim@lists.xmission.com >Date: Monday, May 11, 1998 9:07 AM >Subject: [CANSLIM] US funds expecting economic slowdown > >LONDON, May 11 (Reuters) - U.S. fund managers are less optimistic >about the prospects for the domestic economy, according to the Merrill >Lynch Gallup Global survey for May released on Monday. > >Only 10 percent of fund managers polled expected the economy would >strengthen over the next 12 months versus 24 percent in April. > >The survey showed an increasing proportion of U.S. fund managers were >switching out of domestic equities into bonds. Buyers of U.S. >Treasuries outnumbered sellers by 18 percent versus 11 percent in >April's survey. > >The survey showed a pick-up of interest in Japanese stocks, with the >balance of buyers over sellers at six percent versus equal numbers of >each in April. > >Emerging Europe rose to be U.S. managers most fancied emerging market >from Latin America last month, the report showed. > >Half of those polled said emerging Europe was their favourite region >for the next 12 months versus 13 percent holding this view in April. >Some 28 percent chose Latin America in May versus 55 percent last >month. > >The survey was conducted between May 1 and 6 with 39 > > > > >- > > - - ------------------------------ Date: Tue, 12 May 1998 13:27:10 -0400 From: "Tony Austin" Subject: Re: [CANSLIM] Some suggestions. - SUT SUT attempted an upward move yesterday and failed to follow through. Will be keeping an eye on this one. I don't like seeing failed attempts. Tony - ---------- > From: Chao, Chih Yu > To: 'CANSLIM' > Subject: [CANSLIM] Some suggestions. > Date: Tuesday, May 12, 1998 12:17 PM > > Good day, guys, > > I think maybe it's time to look at the oil stocks. > Two stocks worth of watch: GIFI, OMNI. > BTW, anyone follow SUT? > > Cheers, > ChihYu > > - > - - ------------------------------ Date: Tue, 12 May 1998 10:29:21 -0700 From: Brian Nash Subject: RE: [CANSLIM] Some suggestions. - SUT Also, look at the divergence of OBV/MF. Scary. > -----Original Message----- > From: Tony Austin [SMTP:tonya@awod.com] > Sent: Tuesday, May 12, 1998 1:27 PM > To: canslim@lists.xmission.com > Subject: Re: [CANSLIM] Some suggestions. - SUT > > > SUT attempted an upward move yesterday and failed to follow through. Will > be keeping an eye on this one. I don't like seeing failed attempts. > > Tony > ---------- > > From: Chao, Chih Yu > > To: 'CANSLIM' > > Subject: [CANSLIM] Some suggestions. > > Date: Tuesday, May 12, 1998 12:17 PM > > > > Good day, guys, > > > > I think maybe it's time to look at the oil stocks. > > Two stocks worth of watch: GIFI, OMNI. > > BTW, anyone follow SUT? > > > > Cheers, > > ChihYu > > > > - > > > > - - - ------------------------------ Date: Tue, 12 May 1998 16:38:21 -0400 From: Craig Griffin Subject: [CANSLIM] Re: Breakouts Mark wrote: >>I am very interested in learing more about breakouts. When you say "buy from a breakout", do mean recognizing it once breakout is occuring (vs indicators to predict it)? I have noticed a lot of breakouts die the same day, especially recently on news. What indicators let you know the breakout is ending vs just a pull back (volume?)<< I am not sure I understand your question exactly. So let me answer in general. A breakout (the way I am using it) refers to a stock that has formed a base (8 weeks or longer) and then, on a given day, moves above that base to trade at a new high in price. A base is price action within a range. The beginning of the base is the point at which the stock hits a new high in price and then pulls back. The stock then will trade below that old price high for several weeks or months until it once again approaches its old high. During this period we often say that the stock is "resting". This is a base formation (which one can easily see on a chart). The breakout is said to occur on the day on which that old high is penetrated on at least 1 1/2 times average daily volume (150% adv). The breakout signals that after a period of decision making, the market is now willing to pay a new high price for the stock (because they anticipate it will be even higher later). Part of CANSLIM deals with reading the chart and identify-ing the base patterns. The price at which the new high will occur is the pivot point or buy point. The goal of Canslim timing is to buy a stock that meets all the other Canslim criteria on the day that it breaks into new high ground (the breakout). And one of the keys it to buy as close to the breakout point as possible - just as it is emerging from the base. There are some indications that a breakout may be about to occur, but those are fairly unreliable (although Connie and his TA lessons may be useful in identifying stocks that are ready to go and those giving danger signals - I personally have not yet used them). The most reliable way for a novice to make money in CS is to actually buy the breakout as it occurs within 3%-5% of the pivot point. The goal is to then hold the stock until your stop is hit (-8% from your buy point) or until you make 25% or so. There are also a number of other rules on when to sell (see the chapter in O'Neils book titled "When to Sell and Take Your Profit"). That's it in a nutshell. The nuances are quite a bit more complex. A perusal of the archives for our list looking for the words "pivot point", "breakout", "cup and handle", "bases", etc may help with some of the many nuances. Hopefully the breakout does not "end", but rather serves as a launch point to put the stock into a new uptrend. The idea is that the breakout was the signal for the new trend. So the stock is to be held for weeks or months until the 25% profit is realized, unless it hits one's stop first, or one of the other selling rules comes into effect. I hope this helps to answer your question. Regards, Craig - - ------------------------------ Date: Tue, 12 May 1998 17:32:42 -0400 From: "Frank V. Wolynski" Subject: [CANSLIM] WeekEnd In Review - Concatenated Spreadsheets I have taken all of the weekend in review spreadsheets from Larry Horns website and concatenated (cut/pasted) them together into one big spreadsheet. I added a column using a numeric date code for easy sorting using a secondary key. Larry has given me his blessing (afterall the spreadsheets are his crafting) to upload for the group and he is also posting the file on his website. The .xls is a version 4.0 of Excel. The .csv is a text comma delimited that should be easily manipulated, by almost any software. Jeff ( aka, ListOwner ) has the files available and writes: The two files are now available for everyone to download at: ftp://ftp.xmission.com/pub/users/m/mcjathan/canslim/98WkRvw.xls ftp://ftp.xmission.com/pub/users/m/mcjathan/canslim/98WkRvw.csv There is a quirk with the way my webserver handles the second file. Instead of being downloaded directly to my local disk, it is displayed in my browser. If people want this file on their local disk, they can go to the "File" menu of the browser, and then select the "Save As" option. - ------------------ How is the spreadsheet handy? I think in time a number of things will easily be spotted. * - Number of times the stock appears in the weekend in review. * - Changes in EPS/RS are easily spotted. * - New arrivals to the list are easily apparent. I realize that IBD staff decides what appears and when in the list, but if they are using strict guidelines, ie. RS > 90, EPS > 90, then the list should be fairly consistent, and a darn good place to shop! I thought the concatenation was worthy of a look and when enough data is accumulated ( a patience building practise!) it would certainly have alot to offer. Regards, Frank Wolynski - - ------------------------------ Date: Tue, 12 May 1998 17:33:33 -0400 From: Larry Horn Subject: RE: [CANSLIM] Re: Files uploaded for the Canslim Discussion Group I found 2 errors in the data that is now available in the files = mentioned below. I have sent a message to Frank W. and I think he will = correct it. First, the %Mgmt is wrong for all of the cos on 5-1-98. The = %Mgmt is correct on 5-8-98. And second, DLTK's RS was 87 not 897. Please = remember that I type all of this in and there could easily be other = typos that are not so obvious. Please check the data yourself. Frank's combination of all of my spreadsheets looks useful for spotting = trends. It's more like a movie than a snapshot. Larry - -----Original Message----- From: Jeff Salisbury [SMTP:jeff@scrooge.csd.sdl.usu.edu] Sent: Tuesday, May 12, 1998 10:16 AM To: Frank V. Wolynski Cc: canslim@xmission.com Subject: [CANSLIM] Re: Files uploaded for the Canslim Discussion Group On May 12, 7:21am, Frank V. Wolynski wrote: > Subject: Files uploaded for the Canslim Discussion Group > Hi Jeff, > > I have uploaded two files for the canslim discussion group: > 98Wkrvw.xls > 98Wkrvw.csv > > They are all of Larry Horn's Excel Spreadsheets concatenated together = and > sorted. Larry has given his enthusiastic okay for this posting. > > Thanks, > Frank Wolynski >-- End of excerpt from Frank V. Wolynski Frank, Your two files are now available for everyone to download at: ftp://ftp.xmission.com/pub/users/m/mcjathan/canslim/98WkRvw.xls ftp://ftp.xmission.com/pub/users/m/mcjathan/canslim/98WkRvw.csv There is a quirk with the way my webserver handles the second file. = Instead of being downloaded directly to my local disk, it is displayed in my = browser. If people want this file on their local disk, they can go to the "File" = menu of the browser, and then select the "Save As" option. Best Regards, Jeff PS Thanks for the great contributions you have made to our group. - - - - ------------------------------ Date: Tue, 12 May 1998 18:40:43 -0400 From: "Frank V. Wolynski" Subject: RE: [CANSLIM] Re: Files uploaded for the Canslim Discussion Group The files have been corrected and reup'd to the ftp server. Jeff will now have to move the files to the public accessible area and they will be available. Frank Wolynski At 17:33 5/12/98 -0400, Larry Horn wrote: >I found 2 errors in the data that is now available in the files mentioned below. I have sent a message to Frank W. and I think he will correct it. First, the %Mgmt is wrong for all of the cos on 5-1-98. The %Mgmt is correct on 5-8-98. And second, DLTK's RS was 87 not 897. Please remember that I type all of this in and there could easily be other typos that are not so obvious. Please check the data yourself. > >Frank's combination of all of my spreadsheets looks useful for spotting trends. It's more like a movie than a snapshot. > >Larry > >-----Original Message----- >From: Jeff Salisbury [SMTP:jeff@scrooge.csd.sdl.usu.edu] >Sent: Tuesday, May 12, 1998 10:16 AM >To: Frank V. Wolynski >Cc: canslim@xmission.com >Subject: [CANSLIM] Re: Files uploaded for the Canslim Discussion Group > >On May 12, 7:21am, Frank V. Wolynski wrote: >> Subject: Files uploaded for the Canslim Discussion Group >> Hi Jeff, >> >> I have uploaded two files for the canslim discussion group: >> 98Wkrvw.xls >> 98Wkrvw.csv >> >> They are all of Larry Horn's Excel Spreadsheets concatenated together and >> sorted. Larry has given his enthusiastic okay for this posting. >> >> Thanks, >> Frank Wolynski >>-- End of excerpt from Frank V. Wolynski > >Frank, > >Your two files are now available for everyone to download at: > > ftp://ftp.xmission.com/pub/users/m/mcjathan/canslim/98WkRvw.xls > ftp://ftp.xmission.com/pub/users/m/mcjathan/canslim/98WkRvw.csv > >There is a quirk with the way my webserver handles the second file. Instead of >being downloaded directly to my local disk, it is displayed in my browser. If >people want this file on their local disk, they can go to the "File" menu of >the browser, and then select the "Save As" option. > >Best Regards, > >Jeff > >PS Thanks for the great contributions you have made to our group. > >- > > >- > > - - ------------------------------ Date: Tue, 12 May 1998 19:15:40 -0400 From: "Frank V. Wolynski" Subject: [CANSLIM] Corrected files now on the server Jeff has swiftly moved the files to the ftp server, which I have dutifully checked and downloaded the new files to verify they are indeed the ones intended. They are the correct files. I didn't have a problem with the display of the .csv file. It behaved as the other .xls file did. Both prompting for a "Save to disk" verification. Regards, Frank Wolynski ftp://ftp.xmission.com/pub/users/m/mcjathan/canslim/98WkRvw.xls ftp://ftp.xmission.com/pub/users/m/mcjathan/canslim/98WkRvw.csv There is a quirk with the way my webserver handles the second file. Instead of being downloaded directly to my local disk, it is displayed in my browser. If people want this file on their local disk, they can go to the "File" menu of the browser, and then select the "Save As" option. At 18:40 5/12/98 -0400, Frank V. Wolynski wrote: >The files have been corrected and reup'd to the ftp server. Jeff will now >have to move the files to the public accessible area and they will be >available. > >Frank Wolynski > >At 17:33 5/12/98 -0400, Larry Horn wrote: >>I found 2 errors in the data that is now available in the files mentioned >below. I have sent a message to Frank W. and I think he will correct it. >First, the %Mgmt is wrong for all of the cos on 5-1-98. The %Mgmt is >correct on 5-8-98. And second, DLTK's RS was 87 not 897. Please remember >that I type all of this in and there could easily be other typos that are >not so obvious. Please check the data yourself. >> >>Frank's combination of all of my spreadsheets looks useful for spotting >trends. It's more like a movie than a snapshot. >> >>Larry >> >>-----Original Message----- >>From: Jeff Salisbury [SMTP:jeff@scrooge.csd.sdl.usu.edu] >>Sent: Tuesday, May 12, 1998 10:16 AM >>To: Frank V. Wolynski >>Cc: canslim@xmission.com >>Subject: [CANSLIM] Re: Files uploaded for the Canslim Discussion Group >> >>On May 12, 7:21am, Frank V. Wolynski wrote: >>> Subject: Files uploaded for the Canslim Discussion Group >>> Hi Jeff, >>> >>> I have uploaded two files for the canslim discussion group: >>> 98Wkrvw.xls >>> 98Wkrvw.csv >>> >>> They are all of Larry Horn's Excel Spreadsheets concatenated together and >>> sorted. Larry has given his enthusiastic okay for this posting. >>> >>> Thanks, >>> Frank Wolynski >>>-- End of excerpt from Frank V. Wolynski >> >>Frank, >> >>Your two files are now available for everyone to download at: >> >> ftp://ftp.xmission.com/pub/users/m/mcjathan/canslim/98WkRvw.xls >> ftp://ftp.xmission.com/pub/users/m/mcjathan/canslim/98WkRvw.csv >> >>There is a quirk with the way my webserver handles the second file. >Instead of >>being downloaded directly to my local disk, it is displayed in my browser. > If >>people want this file on their local disk, they can go to the "File" menu of >>the browser, and then select the "Save As" option. >> >>Best Regards, >> >>Jeff >> >>PS Thanks for the great contributions you have made to our group. >> >>- >> >> >>- >> >> > >- > > - - ------------------------------ Date: Tue, 12 May 1998 20:01:02 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] US funds expecting economic slowdown My data came from a short article in the Miami Herald, quoting "Investment Company Institute" as their source. You could try a search for that. Prior to this, I was getting regular data at work from the Dow Jones News Svc. I haven't really searched for a web site, but would be interested in a regular, consistent source. Tom W - -----Original Message----- From: Robert Venchiarutti To: canslim@lists.xmission.com Date: Tuesday, May 12, 1998 1:14 PM Subject: Re: [CANSLIM] US funds expecting economic slowdown >Tom (and others), > >Where do you get the figures for net inflows into mutual funds? Also, do >you know of a site where I can get historical figures on net inflows into >funds? I think this is (and has been) a major trend supporting the market >for equities the past few years, and I would like to get a firmer grasp on >the numbers. I've tried to do a web search, but all I get is a bunch of >junk (and I mean a BUNCH - you'd be amazed at all the cyber-stuff out there >on mutual funds). I also use Infobeat, but couldn't find these figures. >Thanks. > >-----Original Message----- >From: Tom Worley >To: canslim@lists.xmission.com >Date: Tuesday, May 12, 1998 4:06 AM >Subject: Re: [CANSLIM] US funds expecting economic slowdown > > >>Thanks for posting this, Dean. I got the same report from Infobeat, >>and had some disagreement with it. It presupposes that fund mgrs can >>casually switch between bonds and stocks, not true of many funds >>charter. And the claim of bond net buying is contradicted by the bond >>mkt action. If this was such a clear trend, then bond prices should be >>going up, instead they appear to be trending flat to down (interest >>rates going up inversely). >> >>I also noted one report for the month of April. In it net new cash >>flows into stock mutual funds rose 5.6% to $24.5 billion from March's >>inflow of $23.2 billion. Hybrid funds had a net inflow estimated at >>$1.5 billion, while bond funds took in $3 billion, down from $6.4 >>billion in the prior month. So, at least thru April, it appears to me >>that money continues to pour into stocks and must be invested >>somewhere. If interest rates continue higher, I would expect to see a >>shift of some money from stocks back to bonds, after all a lot of >>money currently in stocks really wants to be in bonds, but must get >>the higher returns of stocks. And I would bet that some "traditional" >>bond investors who have been forced into the stock mkt will not >>migrate back, now that they have experienced and enjoyed the returns >>possible. As money makes that shift, prices on bonds go back up, >>yields drop and are no longer as attractive. >> >>I also think it's way too premature to be looking to Asia, esp Japan, >>for fresh investing. Things are hardly stable, nor has Japan cured the >>underlying economic problems. Europe right now does look better, but a >>lot of that is coming from renewed confidence that the EU will be >>introduced on time, and the European union will proceed. However, many >>of the countries still have considerable economic problems, I am not >>aware of any country right now that is enjoying the "economic bliss" >>of the USA. >> >>Tom W >> >>-----Original Message----- >>From: Dean Edwards >>To: canslim@lists.xmission.com >>Date: Monday, May 11, 1998 9:07 AM >>Subject: [CANSLIM] US funds expecting economic slowdown >> >>LONDON, May 11 (Reuters) - U.S. fund managers are less optimistic >>about the prospects for the domestic economy, according to the Merrill >>Lynch Gallup Global survey for May released on Monday. >> >>Only 10 percent of fund managers polled expected the economy would >>strengthen over the next 12 months versus 24 percent in April. >> >>The survey showed an increasing proportion of U.S. fund managers were >>switching out of domestic equities into bonds. Buyers of U.S. >>Treasuries outnumbered sellers by 18 percent versus 11 percent in >>April's survey. >> >>The survey showed a pick-up of interest in Japanese stocks, with the >>balance of buyers over sellers at six percent versus equal numbers of >>each in April. >> >>Emerging Europe rose to be U.S. managers most fancied emerging market >>from Latin America last month, the report showed. >> >>Half of those polled said emerging Europe was their favourite region >>for the next 12 months versus 13 percent holding this view in April. >>Some 28 percent chose Latin America in May versus 55 percent last >>month. >> >>The survey was conducted between May 1 and 6 with 39 >> >> >> >> >>- >> >> > > >- > - - ------------------------------ End of canslim-digest V2 #235 ***************************** To unsubscribe to canslim-digest, send an email to "majordomo@xmission.com" with "unsubscribe canslim-digest" in the body of the message. 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